Financial Performance - Total operating revenue for Q1 2023 was ¥490,848,737.55, a decrease of 19.3% compared to ¥608,843,902.91 in the same period last year[14]. - The company reported a net loss of ¥4,526,074,393.54 for Q1 2023, compared to a net loss of ¥3,557,782,590.14 in the previous year[13]. - Total comprehensive income for the period was -987,743,529.93, compared to -429,849,674.43 in the previous period, reflecting increased losses[20]. - Net loss attributable to shareholders for Q1 2023 was ¥968,291,803.40, representing a 116.05% increase in losses from ¥448,174,493.63 in the previous year[34]. - The company reported an investment loss of ¥108,623,313.45 in Q1 2023, contrasting with an investment gain of ¥88,991,676.65 in the same period last year[14]. Assets and Liabilities - The company reported a total current assets of CNY 20,707,779,801.11 as of the end of the quarter, a decrease of 1.15% from CNY 20,948,689,170.09 at the beginning of the year[7]. - Total assets decreased to ¥37,884,343,823.86 from ¥39,315,305,079.29 year-over-year[13]. - Total liabilities increased to ¥37,963,401,695.60 from ¥38,470,781,302.31 year-over-year[13]. - The company’s total equity decreased to -¥79,057,871.74 from ¥844,523,776.98 year-over-year[13]. - Shareholders' equity attributable to the parent company decreased to -¥1,610,100,540.83, a decline of 116.99% from -¥742,017,916.61 at the end of the previous year[34]. Cash Flow - Cash flow from operating activities generated a net amount of 311,819,916.71, a recovery from a negative cash flow of -12,350,089.26 in the previous period[21]. - Cash flow from investing activities resulted in a net outflow of -18,920,515.49, compared to -5,005,272.67 in the previous period, indicating increased investment losses[24]. - Cash flow from financing activities showed a net outflow of -326,567,405.51, compared to -167,189,180.68 in the previous period, reflecting higher debt repayments[24]. - The ending cash and cash equivalents balance was 636,805,059.66, down from 853,328,262.78 in the previous period[24]. Receivables and Inventory - Accounts receivable dropped significantly to CNY 257,960,733.55, down 38.54% from CNY 419,649,955.31[7]. - Inventory increased to CNY 16,794,272,642.89 from CNY 16,578,711,517.78, showing a growth of 1.30%[7]. - Other receivables rose to CNY 975,583,409.57 from CNY 933,928,848.20, marking an increase of 4.45%[7]. Financial Challenges and Strategic Actions - The company has a debt dispute with Huarong Asset involving a total debt principal of CNY 880 million, with a court execution notice received for CNY 906.9867 million including overdue payments[2]. - The company plans to apply for reorganization due to an inability to repay due debts, indicating a critical financial situation[6]. - The company is undergoing a judicial auction process for shares held by a subsidiary, with the auction price reaching CNY 1,005,668,141.72[5]. - The company has initiated a strategic review of its operations and financial structure in light of ongoing financial challenges[6]. - The company’s total liabilities and equity will be further assessed in the upcoming shareholder meeting to address the restructuring proposal[6]. Financial Ratios and Expenses - The company’s financial expenses rose significantly to ¥477,041,159.11 from ¥340,998,655.89 in the previous year[14]. - The company experienced a significant increase in credit impairment losses, totaling -21,033,818.50, compared to -10,371,575.71 in the previous period[17]. - The company reported a significant increase in financial expenses by 39.90% to ¥477,041,159.11, primarily due to penalties incurred during the period[38]. - The company experienced a 2054.90% increase in other operating expenses, amounting to ¥68,048,364.49, attributed to increased late fees[38].

证券代码：000620 证券简称：新华联 编号：2016-001 新华联不动产股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------|----------------|----------------------------------------------------| | | | | | 投 资 者 关 系 活 | □ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | █ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称 | | 东北证券刘乐文、方正证券吴士明、上海中植鑫荞投资管 | | | | 理公司曾中亮、上海安安资产管理有限公司陈宇、鲁域资 | | | | 产管理（上海）有限公司付佳俊、号百控股宋洋、张悦 | | | | 群、梁商资本徐丹、深圳市博信汇通投资管理有限公司孙 | | | | 子然、中国京冶工程技术有限公司上海分公司顾天益、华 | | | | 金证券郑春明、王洁婷、华鑫证券魏旭锟、太平洋证券程 | | | | 艳华、万家 ...

证券代码：000620 证券简称：新华联 编号：2016-002 新华联不动产股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------|------------------|---------------------------------------------------------| | | | | | 投 资 者 关 系 活 | █ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | █ 现场参观 | | | | □ 其他 | | | 参与单位名称 | | 国信证券曾光、上海天街投资周庆芳等 2 人、上海端喜资 | | | | 管顾樱莹、泓嘉基金魏维楠、鼎丰投资周济海、朴石投资 | | | | 贺利民、方正证券吴士明、厚行资管方雯、鸣熙资本鲁 | | | | 磊、量腾投资杨宇、东北证券刘乐文、怡丰投资张罡、磐 | | | 厚基金牛彩娥等。 | | | | | 中邮人寿保险傅声声、李斯瑶、国商金控投资基金杜石 | | | | 磊、信诚人寿万力、民生证券李 ...

证券代码：000620 证券简称：新华联 编号：2016-003 新华联不动产股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------|------------------------------|----------------------------------------------------| | | | | | 投 资 者 关 系 活 | █ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称 | | 深圳前海中金创鑫基金李朝，深圳华隆投资集团仉鹏，福 | | | | 建闽招产业基金冯文飞，富喜资本成学，海通证券李建 | | | | 发，深圳民森投资田慧蓝，中天宏信集团孙得鑫、翁嘉 | | | | 揀，中融基金刘野，必达控股邓翘楚，豪庭资本周双，锦 | | | | 洋投资冯丹丹，博时基金施永辉，中信建投证券陈慎，中 | | | | 融信托何阳、彭翔宇，深圳研股金融曾学成，前海人寿刘 ...

证券代码：000620 证券简称：新华联 编号：2017-001 新华联文化旅游发展股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------------|-----------------------------|----------------------------------------------------| | | | | | 投 资 者 关 系 活 | █ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称 | | 申万宏源刘乐文，渤海证券杨旭，农商行资管聂龙涛，大 | | | 同证券杜宝坤， 91 | 金融张博、李娣，彩虹鱼投资高同丽， | | | 执惠旅游王锋 | | | | | | | 时间 | 2017 年 9 月 5 日 | | | 地点 | 北京 | | | 上 市 公 司 接 待 | | 公司副总裁兼董事会秘书杭冠宇，公司副总裁兼财务总监 | | 人员姓名 | 刘华明。 | ...

证券代码：000620 证券简称：新华联 编号：2017-002 新华联文化旅游发展股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|-------------------------------|--------------------------------------------------------| | | █ 特定对象调研 | □ 分析师会议 | | 投资者关系活动 | □ 媒体采访 | □ 业绩说明会 | | 类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □ 其他 | | | | 兴业证券熊超、中银资管刘航、太平保险殷海琦、前海基金 | | | | 史延、仕富资本卞逸婷、人保资产张海波、东北证券张云 | | | | 凯、上海莽荒资产胡秋侠、杨志华、上海银纪资产丁彦皓、 | | | | 浙江聚泉资产周徐、上海杰询投资刘向宇、东吴证券齐东、 | | 参与单位名称 | | 陈鹏、浙江国贸东方投资付瑛、上海鸿逸投资崔健铭、中信 | | | | 建投江宇辉、申万宏源刘乐文、海通地产杨凡、联储证券张 | | | | 振 ...

Group 1: Company Overview and Strategic Development - Xinhua Lian Cultural Tourism Development Co., Ltd. has made significant progress since its listing in 2011, focusing on strategic transformation in the tourism industry [3] - The company has launched several major projects, including the Wuhu Xinhua Lian International Cultural Tourism Resort and the Changsha Xinhua Lian Tongguan Kiln International Cultural Tourism Resort, with the latter officially opening on August 28, 2018 [3][4] - The company is also expanding its projects in South Korea and Xining, indicating a broadening of its operational footprint [3] Group 2: Financial Support and Challenges - The cultural tourism projects require substantial funding, and the company has received recognition and support from financial institutions due to alignment with national policies [4] - The major shareholder, Xinhua Lian Holdings, has consistently supported the company's transformation by providing quality resources and participating in financing activities [5] - Transitioning from traditional real estate to cultural tourism poses challenges, including the need for resource reserves in projects, branding, funding, experience, and personnel [4][5] Group 3: Market Positioning and Talent Acquisition - The Xining project is strategically positioned as the first large-scale tourism project in the western region, targeting a broad audience and addressing the local demand for tourism [6] - The company is actively recruiting and training professionals in the cultural tourism sector to build a stable and specialized team, ensuring it meets the rapid expansion needs of the industry [6] - The company emphasizes a multi-channel approach to talent acquisition and development, focusing on systematic training to enhance professional skills and team cohesion [6] Group 4: Investor Relations and Compliance - The company conducted a site visit for investors at the Changsha Xinhua Lian Tongguan Kiln Scenic Area, showcasing traditional cultural performances [7] - During the investor relations activities, the company adhered to information disclosure regulations, ensuring transparency and fairness in communication [7]

新华联文化旅游发展股份有限公司 2022 年第三季度报告 证券代码：000620 证券简称：新华联 公告编号：2022-076 新华联文化旅游发展股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大 遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度报告是否经过审计 □是 否 1 新华联文化旅游发展股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | --- | |-----------|------------------------------------------------------|-------------------|-------- ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 2,120,724,643.73, representing a 10.49% increase compared to CNY 1,919,444,605.20 in the same period last year[27]. - The net loss attributable to shareholders was CNY -992,997,756.85, which is a 36.80% increase in loss compared to CNY -725,878,444.43 in the previous year[27]. - The basic earnings per share were CNY -0.52, a decrease of 36.84% compared to CNY -0.38 in the same period last year[27]. - The company reported a net profit of CNY 298,582,102.76 for the first half of 2022, compared to CNY 285,731,905.69 in the first half of 2021, showing an increase of about 4.5%[198]. - Total operating costs for the first half of 2022 amounted to CNY 3,128,619,504.38, up from CNY 2,857,492,058.29 in the same period of 2021[198]. Cash Flow and Assets - The net cash flow from operating activities was CNY -10,482,829.53, a significant decline of 102.46% from CNY 426,624,517.64 in the same period last year[27]. - The total assets at the end of the reporting period were CNY 41,671,956,374.58, down 3.35% from CNY 43,115,873,472.90 at the end of the previous year[27]. - The net increase in cash and cash equivalents was -¥317,729,072.72, reflecting a 50.32% decline from -¥211,369,390.95, attributed to reduced cash receipts from sales[48]. - As of June 30, 2022, the total current assets amounted to approximately CNY 22.15 billion, a decrease from CNY 23.32 billion at the beginning of the year, representing a decline of about 5%[186]. - Cash and cash equivalents were reported at CNY 1.79 billion, down from CNY 2.31 billion, indicating a decrease of approximately 22.6%[186]. Liabilities and Debt - The total liabilities decreased from ¥38,778,245,578.19 to ¥38,330,225,743.78, a decline of approximately 1.15%[192]. - Long-term borrowings amounted to 8,185,025,008.87, representing 19.64% of total liabilities, a decrease of 2.00% compared to the previous period[57]. - The company is involved in a debt restructuring dispute with China Cinda Asset Management, with an amount of CNY 638.49 million, currently in the second instance[108]. - The company has reported a debt of 50,000 million for Changsha Xinhua Tongguanyao International Cultural Tourism Development Co., Ltd., with an outstanding amount of 47,755 million[143]. - The total approved guarantee amount for subsidiaries at the end of the reporting period is 1,851,742,000[147]. Operational Challenges - Domestic tourism total visits decreased by 22.2% in the first half of 2022, with a 28.2% decline in tourism revenue[37]. - The company’s cultural tourism segment faced a 45% decline in operational returns and a 61% drop in visitor rates due to pandemic impacts[38]. - The company’s real estate sales area decreased by 22.2%, with residential sales area down by 26.6% in the first half of 2022[37]. - The company’s financial expenses increased by 16.41% to 719.76 million yuan compared to the previous year[44]. - The company is actively addressing financial risks related to overdue debts and asset seizures, aiming to negotiate with creditors for extensions and settlements[77]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company plans to continue focusing on expanding its residential property sales while addressing the challenges in the cultural tourism sector[49]. - The company aims to enhance service quality and expand product offerings in the cultural tourism sector to improve operational performance[96]. - In the real estate sector, the company will implement a "one house, one price" sales policy to boost sales and profitability[96]. - The company is focused on accelerating the liquidation of non-scenic hotels and commercial properties to improve cash flow and asset-liability structure[97]. Legal and Regulatory Matters - The company is involved in a lawsuit with China Bank regarding a financial loan contract dispute, with an amount of CNY 496.97 million, currently in the execution stage[101]. - The company is also facing a lawsuit from Citic Bank concerning a financial loan contract dispute, with an amount of CNY 351.77 million, which has entered the execution stage[101]. - The company has a judgment against Beijing Jinyi Garden Engineering Co., Ltd. for CNY 240.75 million, which is currently in the execution stage[105]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[93]. - The company has not encountered any violations regarding external guarantees during the reporting period[94].

Financial Performance - The company's operating revenue for Q1 2022 was ¥608,843,902.91, representing a 6.00% increase compared to ¥574,394,696.69 in the same period last year[4]. - The net profit attributable to shareholders was -¥448,174,493.63, a decrease of 18.10% from -¥379,473,173.30 year-on-year[4]. - The basic and diluted earnings per share were both -¥0.24, reflecting a 20.00% decrease from -¥0.20 in the same period last year[4]. - Net profit for the period was a loss of ¥448,670,402.61, compared to a loss of ¥397,267,916.43 in the same period last year, reflecting a deterioration of approximately 12.9%[28]. - The total comprehensive income for the period was a loss of ¥429,849,674.43, compared to a loss of ¥417,161,085.73 in the same period last year[37]. Cash Flow - The net cash flow from operating activities was -¥12,350,089.26, a significant decline of 104.89% compared to ¥252,695,213.68 in the previous year[4]. - The company reported a significant decrease in cash received from operating activities, which was ¥214,524,171.07, down 64.58% from ¥605,589,452.54 in the previous year[9]. - Cash flow from operating activities showed a net outflow of ¥12,350,089.26, a significant decline from a net inflow of ¥252,695,213.68 in the prior year[41]. - The net cash flow from financing activities was -167,189,180.68, compared to -420,371,138.19 in the previous period[47]. - The total cash inflow from financing activities was 489,281,181.21[47]. - The total cash outflow from financing activities was 909,652,319.40[47]. - The net increase in cash and cash equivalents was -184,631,507.99, compared to -184,521,826.54 in the previous period[47]. - The cash flow from repaying debts was 60,673,186.51[47]. - The cash paid for dividends, profits, or interest was 106,515,994.17[47]. - The initial balance of cash and cash equivalents was 1,037,959,770.77[47]. - The impact of exchange rate changes on cash and cash equivalents was -86,965.38[47]. Assets and Liabilities - The total assets at the end of the reporting period were ¥42,818,465,625.43, down 0.69% from ¥43,115,873,472.90 at the end of the previous year[4]. - The company's current assets totaled CNY 23,110,484,551.95, down from CNY 23,315,714,898.65 at the beginning of the year, indicating a decline of approximately 0.88%[17]. - The company's cash and cash equivalents decreased to CNY 2,002,590,549.31 from CNY 2,309,109,942.98, representing a decline of about 13.27%[17]. - The company's total liabilities increased to CNY 38,919,201,836.15 from CNY 38,778,245,578.19, reflecting an increase of approximately 0.37%[23]. - The company's total equity decreased to CNY 3,899,263,789.28 from CNY 4,337,627,894.71, indicating a decline of approximately 10.12%[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,186[10]. - The equity attributable to shareholders decreased by 16.55% to ¥2,214,556,813.81 from ¥2,653,761,419.63 at the end of the previous year[4]. Expenses - Total operating costs rose to ¥1,183,169,500.25 from ¥1,091,437,805.36, indicating an increase of about 8.4%[25]. - Sales expenses increased to ¥56,861,239.03 from ¥50,883,709.40, marking an increase of about 11.5%[28]. - Research and development expenses were not specified but are a focus area for future growth[28]. Other Income and Subsidies - The company received government subsidies amounting to ¥59,145,018.47 during the reporting period[8]. - Other income rose significantly to ¥60,035,453.04 from ¥7,694,895.41, indicating a substantial increase in non-operating income[28]. Inventory and Receivables - The company's inventory increased to CNY 18,407,070,160.48 from CNY 18,288,673,888.43, reflecting an increase of about 0.65%[17]. - The company's accounts payable decreased to CNY 6,598,667,685.61 from CNY 6,947,517,346.03, indicating a decline of approximately 5.03%[20]. - The company's other receivables decreased to CNY 962,699,191.56 from CNY 999,152,823.11, representing a decline of about 3.66%[17]. - The company's retained earnings showed a significant decline, moving from CNY -141,572,035.83 to CNY -589,746,529.46, indicating a worsening of approximately 317.56%[23]. Audit Information - The company did not undergo an audit for the first quarter report[48].