编号：2023-02 投资者关系活动类 别 特定对象调研 □分析师会议 □媒体采访 业绩说明会 □新闻发布会 □路演活动 □现场参观 其他 形式 ☐现场 网上 ☐电话会议 参与单位名称及人 员姓名 线上参与公司2022年度网上业绩说明会的全体投资者 时间 2023年4月7日 8:00-9:00 地点 价值在线（https://www.ir-online.cn/） 上市公司接待人员 姓名 董事长 康鹤先生 总经理 赵家悦先生 副总经理兼财务总监 查桂兵先生 董事会秘书 杨延冬先生 证券代码：000663 证券简称：永安林业 福建省永安林业(集团)股份有限公司 投资者关系活动记录表 | 11.请问公司有多少森林资源？以及分布情况如何？ | | --- | | 答:报告期内，公司自有各类森林资源128.6万亩， | | 分布在永安市及周边市县。 | | 12.永林家居的定位是什么？有什么核心产品。 | | 答:永林蓝豹家居是公司绿色家居板材业务的重要载 | | 体之一，专注强化木地板生产，拓展饰面板、家具板发 | | 展方向。 | | 13.请问公司未来的发展战略是什么？ | | 答:公司将围绕"双碳"目标，以生物 ...

证券代码：000663 证券简称：永安林业 公告编号：2023- 040 福建省永安林业(集团)股份有限公司 （四）出席人员：公司董事长康鹤先生，总经理赵家悦先生， 副总经理兼财务总监査桂兵先生，董事会秘书杨延冬先生。 二、投资者参与方式 为充分尊重投资者、提升交流的针对性，现就公司 2022 年 度业绩说明会提前向投资者公开征集问题，广泛听取投资者的意 关于举办2022年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没 有虚假记载、误导性陈述或者重大遗漏。 福建省永安林业（集团）股份有限公司（以下简称"公司"） 已于 2023 年 3 月 16 日在巨潮资讯网（www.cninfo.com.cn）上披 露了《2022 年年度报告》及《2022 年年度报告摘要》。为便于广 大投资者进一步了解公司 2022 年度经营情况，公司定于 2023 年 4 月 7 日（星期五）8:00-9:00 在"价值在线"（www.ir-online.cn） 举办 2022 年度网上业绩说明会，具体情况如下： 一、业绩说明会安排 （一）召开时间：2023 年 4 月 7 日（星期五）8:00-9 ...

Business Transformation and Strategy - The company reported a transformation towards biomass energy, establishing wholly-owned subsidiaries focused on biomass energy technology services and agricultural waste resource utilization[15]. - The company underwent a significant business change in 2022, shifting its focus from custom furniture and decoration design to biomass energy[15]. - The company has increased its main business scope to include biomass energy technology services and research and development of agricultural waste resource utilization technologies[16]. - The entry into the biomass energy sector aligns with national policies aimed at promoting clean and renewable energy sources, enhancing the company's value creation capabilities[28]. - The company is committed to becoming a world-class listed company in the biomass energy sector, leveraging advanced anaerobic fermentation technology for biomass energy projects[34]. - The company plans to implement five biomass energy recycling projects in 2023, aiming to establish itself as a leading green low-carbon biomass energy company in China[87]. Financial Performance - The company's operating revenue for 2022 was ¥756,630,723.82, representing a 49.44% increase compared to ¥506,310,736.73 in 2021[6]. - The net profit attributable to shareholders for 2022 reached ¥268,004,066.77, a significant increase of 390.62% from ¥54,625,730.25 in 2021[6]. - The net profit after deducting non-recurring gains and losses was ¥243,183,251.76, up 715.61% from ¥29,816,112.07 in 2021[6]. - The net cash flow from operating activities for 2022 was ¥442,449,761.22, a 169.22% increase from ¥164,343,802.65 in 2021[6]. - The basic earnings per share for 2022 was ¥0.80, a 400.00% increase compared to ¥0.16 in 2021[6]. - The total assets at the end of 2022 were ¥1,128,385,678.74, a decrease of 17.37% from ¥1,365,545,106.22 at the end of 2021[6]. - The net assets attributable to shareholders increased by 39.81% to ¥908,952,082.27 at the end of 2022 from ¥650,132,650.82 at the end of 2021[6]. Governance and Management - The company has established a strong governance framework, enhancing information disclosure quality and promoting ESG initiatives[32]. - The company has maintained a stable management team with no reported dismissals or resignations among key executives[99]. - The company is focused on enhancing its governance structure in accordance with relevant laws and regulations[93]. - The company has a complete production and operational system, ensuring autonomous decision-making capabilities[94]. - The management team remains committed to ensuring operational efficiency and financial stability moving forward[99]. Research and Development - The company is conducting R&D on various tree species, including eucalyptus and nanmu, to enhance raw material supply and improve forest management levels[50]. - The company is developing high-performance flame-retardant fiberboard and E0 grade moisture-proof flooring substrates to enhance product competitiveness and meet market demands[51]. - Research and development (R&D) investment decreased by 20.70% to ¥8,189,383.39 in 2022 from ¥10,327,000.00 in 2021, representing 1.08% of operating revenue[54]. - The number of R&D personnel decreased by 5.26% to 54 in 2022 from 57 in 2021, with a notable drop in the number of master's degree holders by 25.00%[54]. Market and Sales - The company achieved a total operating revenue of approximately ¥756.63 million in 2022, representing a year-on-year increase of 49.44% compared to ¥506.31 million in 2021[39]. - The total revenue from domestic sales was ¥756,630,723.82, with a year-on-year growth of 49.44%[40]. - The company plans to enhance its product competitiveness by focusing on green and low-carbon development, with ongoing research into high-performance flame-retardant fiberboards[37]. - The company aims to improve its marketing strategy by increasing direct supply orders from major clients, enhancing customer loyalty and brand influence[80]. Shareholder and Equity Information - The controlling shareholder, Zhonglin Yong'an, holds 64,884,600 shares, accounting for 19.27% of the total share capital[16]. - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company has approved a three-year shareholder return plan (2022-2024) on September 30, 2022, which includes clear dividend standards and procedures[126]. - The company did not propose any cash dividend distribution plan for the reporting period despite having positive distributable profits[128]. Environmental and Social Responsibility - The company is committed to sustainable practices in its forestry operations, aligning with environmental regulations[71]. - The company is dedicated to achieving a balance between economic, ecological, and social benefits in line with the national "dual carbon" strategy[77]. - The company has implemented a variable frequency drive modification for its drying fan motors, saving approximately 1.61 million kWh of electricity annually, contributing to carbon reduction efforts[136]. Legal and Compliance - The company was publicly reprimanded for information disclosure violations during the reporting period[155]. - The company has not reported any penalties from securities regulatory agencies for its directors and supervisors in the past three years[109]. - The company has not experienced any changes in its controlling shareholder during the reporting period[193]. Future Outlook - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 1.65 billion RMB, driven by new product launches and market expansion strategies[177]. - Future strategies include potential market expansion and the development of new products, although specific financial targets were not disclosed[106]. - The company anticipates a cumulative forecasted net profit of 3,982,949 million for the first two years as per the profit compensation agreement[187].

Group 1: Acquisition and Support - Zhonglin Group's acquisition of Yong'an Forestry is based on the rich forestry resources in Fujian Province, which has the highest forest coverage rate in China [1] - The acquisition aims to leverage Zhonglin Group's efficient forest resource management model to enhance Yong'an's operational status and profitability [1] - Zhonglin Group plans to provide up to 300 million RMB in liquidity support for Yong'an's strategic development and operational needs [2] Group 2: Business Development Plans - Yong'an Forestry aims to enhance its forestry management quality and efficiency by utilizing Zhonglin Group's advantages in industry, capital, information, technology, and talent [2] - The company plans to innovate in wood production and sales, and establish a service-oriented forestry management mechanism [2] - In the engineered wood sector, Yong'an aims to become a market leader by focusing on key industry clients and improving direct supply orders [2] Group 3: Industry Opportunities and Challenges - The forestry industry expansion prospects are promising, with opportunities in national reserve forest construction and collaboration with Zhonglin Group on various forestry services [2] - Carbon trading and forestry carbon sinks are seen as supplementary to achieving national carbon reduction goals, enhancing the value of forest resources [3] - Yong'an Forestry is currently not considering overseas land acquisitions, focusing instead on optimizing domestic forestry and engineered wood operations [3]

福建省永安林业(集团)股份有限公司 2022 年第三季度报告 证券代码：000663 证券简称：永安林业 公告编号：2022-075 福建省永安林业(集团)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 公司是否需追溯调整或重述以前年度会计数据 □是 否 1 福建省永安林业(集团)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 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 114,651,222. ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥549,404,893.04, representing a 171.25% increase compared to ¥202,544,337.99 in the same period last year[19]. - Net profit attributable to shareholders reached ¥316,953,294.70, a significant increase of 918.94% from ¥31,106,168.95 in the previous year[19]. - The net cash flow from operating activities was ¥399,258,649.02, up 160.67% from ¥153,163,529.74 in the same period last year[19]. - Basic earnings per share increased to ¥0.94, reflecting a 944.44% rise compared to ¥0.09 in the previous year[19]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching ¥262,310,102.14, an increase of 802.22% from ¥29,073,795.13 in the previous year[19]. - The company's revenue for the reporting period was 549.40 million yuan, a 171.25% increase compared to the previous year, driven by increased sales of standing timber[37]. - The company's operating costs rose to 247.66 million yuan, a 77.23% increase year-on-year, primarily due to higher consumption of biological asset costs[37]. - The company reported a net profit of 9.49 million yuan for the first half of 2022, representing a 12.5% increase compared to the same period in 2021[53]. - The company reported a net profit margin of 8% for the first half of 2022, indicating strong operational efficiency[54]. Assets and Liabilities - The company's total assets decreased by 9.84% to ¥1,231,130,792.54 from ¥1,365,545,106.22 at the end of the previous year[19]. - The net assets attributable to shareholders increased by 48.75% to ¥967,085,945.52 from ¥650,132,650.82 at the end of the previous year[19]. - Total cash and cash equivalents increased by 315.80% to ¥215,606,619.18, compared to a decrease of ¥99,910,856.35 in the previous year[38]. - The company reported a decrease in short-term borrowings by 29.02%, down to ¥114,063,200 from ¥522,774,300 at the end of the previous year[44]. - The inventory level decreased to ¥525,345,923, representing a reduction of 3.05% compared to ¥624,327,210 at the end of the previous year[44]. - The company's total liabilities decreased to CNY 234,422,700.03 from CNY 685,860,910.81, a reduction of about 65.9%[127]. - The equity attributable to the owners of the parent company increased to CNY 967,085,945.52 from CNY 650,132,650.82, showing an increase of approximately 48.7%[127]. Operational Activities - The company engaged in forest resource cultivation and comprehensive utilization, as well as the production and sales of green boards and ecological home furnishings during the reporting period[26]. - The company's forest management business achieved a profit increase in the first half of the year, with a focus on asset utilization and improving asset returns[28]. - The company completed reforestation of 14,621 acres, with a total of 1,520 cubic meters of timber produced and sold, representing a 43.4% increase year-on-year[34]. - The company signed transfer agreements for standing timber covering 321,854 acres, amounting to 674.65 million yuan, with 214,300 acres transferred during the reporting period[34]. - The artificial board production reached 94,100 cubic meters, a year-on-year increase of 25.1%, with sales of fiberboard products increasing by 32.63%[35]. - The company is focusing on technological innovation and new product development, including the research of bamboo-oriented structure particleboard[29]. - The company aims to enhance its brand influence and market competitiveness through resource integration and industry layout[29]. Cash Flow and Investment - The cash flow from operating activities increased by 160.67% to ¥399,258,649.02, compared to ¥153,163,529.74 in the previous year[38]. - The net cash flow from investment activities surged to ¥237,547,850.54, a staggering increase of 1,865,340.86% from ¥12,734.14 in the prior year[38]. - The company's investment activities generated a net cash flow of ¥237,547,850.54 in the first half of 2022, compared to ¥12,734.14 in the same period of 2021, showing a substantial increase[141]. Market and Strategic Focus - The company plans to continue expanding its market presence and enhancing product offerings, particularly in the forestry and engineered wood sectors[42]. - The company is actively pursuing indirect transactions to optimize its asset portfolio, with a focus on shareholder value[53]. - The company is exploring new product development in specialized and innovative board products with market potential[59]. - The company is expanding its e-commerce platform to promote its "Senxian" brand in agricultural products[58]. - The company has registered its "Senxian" trademark and is initiating promotional activities[58]. Environmental and Sustainability Initiatives - The company has established a carbon trading service department, with a carbon credit issuance of 163,100 tons of CO2 equivalent from its forestry carbon credit project[35]. - The company has a forest resource area of 1,286,000 acres, with a carbon sequestration capacity of approximately 4.2 million tons of CO2[32]. - A photovoltaic power generation project covering approximately 35,000 square meters is under development in collaboration with Fujian Guodian Wind Power Co., Ltd., aimed at achieving energy savings and emissions reduction[69]. - The company has not disclosed any major environmental issues or received administrative penalties during the reporting period[69]. Shareholder and Equity Information - The company reported a total share count of 336,683,929, with 306,298,033 shares being unrestricted, representing 90.97% of total shares[104]. - A forced transfer of 40,372,005 shares occurred due to a pledge default, with 21,531,736 of these being restricted shares[105]. - The company is facing potential legal actions due to the failure to meet performance commitments, which may affect the release of locked shares[108]. - The company is committed to fulfilling its profit compensation obligations as per the agreement, which will affect the unlocking of shares[110]. Legal and Compliance Matters - The company is involved in an arbitration case with Su Jiaxu, Li Jianqiang, and others, with a disputed amount of 70.72 million yuan, and the case is still pending judgment[79]. - The company has not reported any significant changes in financial indicators such as basic earnings per share or diluted earnings per share due to the share changes[105]. - The financial report for the first half of 2022 was not audited[123]. - There are no violations of external guarantees during the reporting period[76]. Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[151]. - The company is focusing on enhancing its operational efficiency and exploring potential mergers and acquisitions to strengthen its market position[157].

福建省永安林业(集团)股份有限公司 2022 年第一季度报告全文 证券代码：000663 证券简称：永安林业 公告编号：2022-030 福建省永安林业(集团)股份有限公司 2022 年第一季度报告 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.第一季度报告是否经过审计 □ 是 √ 否 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 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 100,471,715.27 | 89,491,792.32 | 12.27% | | 归属于上市公司股东的净利润（元） | 11,241,212.52 ...

Financial Performance - The company's operating revenue for 2021 was CNY 506,310,736.73, a decrease of 12.82% compared to CNY 580,791,544.30 in 2020[21] - The net profit attributable to shareholders for 2021 was CNY 54,625,730.25, representing a significant increase of 50.14% from CNY 36,383,347.08 in 2020[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 29,816,112.07, a turnaround from a loss of CNY 117,019,326.57 in 2020, marking a 125.48% improvement[21] - The net cash flow from operating activities increased by 274.53% to CNY 164,343,802.65, compared to CNY 43,880,552.54 in the previous year[22] - Basic and diluted earnings per share for 2021 were CNY 0.16, up 45.45% from CNY 0.11 in 2020[22] - The weighted average return on equity was 8.76%, an increase of 2.54 percentage points from 6.22% in 2020[22] - Total assets at the end of 2021 were CNY 1,365,545,106.22, a decrease of 10.09% from CNY 1,518,856,789.52 at the end of 2020[22] - The net assets attributable to shareholders increased by 9.00% to CNY 650,132,650.82 from CNY 596,454,660.52 at the end of 2020[22] Revenue Breakdown - The forestry segment generated revenue of approximately ¥206.07 million, a significant increase of 265.78% from ¥56.34 million in 2020, accounting for 40.70% of total revenue[42] - The engineered wood products segment reported revenue of approximately ¥290.53 million, an increase of 30.12% from ¥223.29 million in 2020, representing 57.38% of total revenue[42] - The company produced 17.38 million cubic meters of various fiberboards, a year-on-year increase of 26.12%, and sold 17.53 million cubic meters, up 29.37%[40] Operational Challenges - The company has faced uncertainties regarding its ability to continue as a going concern, as indicated in the audit report[22] - In Q4, the company reported a net profit loss of -37,369,880.79 yuan, indicating a significant decline compared to previous quarters[26] - The company completed a total of 6.78 million cubic meters of timber production, a decrease of 27.64% compared to the previous year[39] Research and Development - The company has 45 patents related to its products, including 20 invention patents and 25 utility model patents, supporting its R&D efforts[38] - Research and development investment increased by 2.79% to ¥10,327,000 in 2021 from ¥10,047,000 in 2020, representing 2.04% of operating revenue[60] - The company established a board product R&D center to enhance product innovation and development capabilities in the engineered wood segment[96] Strategic Initiatives - The company is focusing on enhancing forest carbon sink capabilities and exploring carbon credit market opportunities to align with national "dual carbon" goals[32] - The company aims to leverage its advantages in technology, capital, and talent to accelerate the transformation towards modern light-asset operations in forestry[34] - The company plans to deepen cooperation with local forest resource management companies to enhance forest protection and management[40] Management and Governance - The board of directors received resignation letters from several key executives, including the general manager and financial director, indicating a significant management turnover[115] - The company appointed new executives, including Zhu Chengqing as chairman and Ye Hao as general manager, to strengthen leadership[116] - The company has a strong governance structure with independent directors overseeing operations, ensuring compliance and accountability[119] Financial Management - The company has committed to ensuring financial independence and proper governance in its financial operations, including independent banking and accounting systems[167] - The company plans to distribute cash dividends amounting to at least 30% of the average annual distributable profits over the last three years, contingent on the absence of significant investment plans or major capital expenditures[167] - The company has faced challenges with performance commitments, with a shortfall of 38.29 million yuan against a promised cumulative net profit of 409.23 million yuan for the years 2015 to 2017[169] Compliance and Regulatory Issues - The company has been under investigation by the China Securities Regulatory Commission since February 2021 for suspected information disclosure violations[173] - The company received a warning and a fine of 500,000 yuan for false financial data in its 2016 and 2017 annual reports[184] - A total of 16 directors and senior management personnel received warning letters from the China Securities Regulatory Commission for false records in financial data[184] Market Position and Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[125] - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on eco-friendly materials[124] - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[125]

Financial Performance - The company's operating revenue for Q3 2021 was ¥190,790,999.67, representing an increase of 18.65% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 reached ¥60,889,442.09, a significant increase of 278.81% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥53,695,974.65, up by 249.50% compared to the previous year[3]. - Basic earnings per share for Q3 2021 were ¥0.18, an increase of 280.00% year-on-year[3]. - Net profit for the current period is ¥91,904,288.83, compared to a net loss of ¥65,887,961.06 in the previous period, indicating a turnaround in profitability[22]. - Operating profit improved to ¥91,059,303.89 from a loss of ¥67,409,536.23, marking a substantial recovery[22]. - The company reported a total comprehensive income of ¥91,904,288.83, contrasting with a total comprehensive loss of ¥64,857,931.19 in the previous period[23]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥192,627,015.32, reflecting a substantial increase of 386.84%[3]. - Cash flow from operating activities generated a net cash inflow of ¥192,627,015.32, a significant increase from ¥39,567,194.55 in the previous period[26]. - Cash and cash equivalents at the end of the period totaled ¥64,522,341.76, up from ¥33,348,916.09 in the previous period[27]. - The cash and cash equivalents decreased significantly from CNY 139,577,536.26 at the end of 2020 to CNY 66,094,410.40, a drop of approximately 52.5%[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,404,263,509.22, a decrease of 7.54% from the end of the previous year[3]. - The company's current assets totaled CNY 1,029,635,416.44, down from CNY 1,119,360,780.29 at the end of 2020, indicating a decrease of about 8.0%[18]. - The total liabilities decreased from CNY 892,879,743.22 at the end of 2020 to CNY 686,382,174.09, reflecting a reduction of about 23.1%[19]. - The company's equity attributable to shareholders increased from CNY 596,454,660.52 to CNY 688,450,271.56, marking an increase of approximately 15.4%[20]. Shareholder Information - The top 10 unrestricted shareholders hold a total of 64,884,600 shares, representing 1.49% of the total shares[12]. - The largest shareholder, Zhonglin (Yongan) Holdings Co., Ltd., holds 64,884,600 shares of common stock[12]. - The second-largest shareholder, Su Jiaxu, holds 26,097,242 shares of common stock[12]. - The company reported a pledge of 5,001,529 shares by shareholder Li Jianqiang[12]. Regulatory and Corporate Governance - The company received a notice of investigation on February 23, 2021, indicating potential regulatory scrutiny[13]. - The company has disclosed important matters including the 2020 annual performance forecast and the transfer of shares by the controlling shareholder[13]. - The company's controlling shareholder has undergone changes in shareholding structure, impacting control rights[13]. Operational Strategy - The company plans to continue its market expansion and explore new strategies to enhance operational efficiency and profitability[18]. - The company has engaged in asset sales and related transactions, with progress reported on June 3, 2021[14]. - The company plans to hold an online performance briefing for 2020, scheduled for May 19, 2021[14]. Market Performance - The company's stock has experienced abnormal fluctuations, with multiple announcements made regarding these events[14].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥202,544,337.99, a decrease of 22.02% compared to ¥259,725,111.95 in the same period last year[20]. - The net profit attributable to shareholders was ¥31,106,168.95, a significant increase of 198.52% from a loss of ¥31,572,050.08 in the previous year[20]. - The net cash flow from operating activities reached ¥153,163,529.74, representing a remarkable increase of 431.81% compared to ¥28,800,308.99 in the same period last year[20]. - The basic earnings per share improved to ¥0.09, compared to a loss of ¥0.09 per share in the previous year, marking a 200.00% increase[20]. - The company reported a significant increase in net profit due to improved operational efficiency and market demand[20]. - The company reported a net profit amount of 1 million yuan for the first half of 2021, with a cumulative actual net profit amount of 2 million yuan[73]. - The company reported a net profit of 56,479,975 RMB for the first half of 2021, with a significant increase compared to the previous period[121]. - The company reported a total profit of CNY 31,741,596.10, compared to a total loss of CNY 21,615,789.78 in the same period last year[150]. - The total comprehensive income for the first half of 2021 was reported at 315.30 million RMB, reflecting a decrease of 31.57% compared to the previous period[163]. - The total comprehensive income for the first half of 2021 was 32,059,221.10 CNY, showing a significant increase compared to the previous period[167]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,406,914,743.86, down 7.37% from ¥1,518,856,789.52 at the end of the previous year[20]. - The company's total assets decreased to CNY 1,404,053,903.59 from CNY 1,493,779,587.97 at the end of the previous period[143]. - Total liabilities decreased to ¥750,241,838.90 from ¥892,879,743.22, a reduction of approximately 16%[138]. - The total liabilities decreased to CNY 745,953,053.56, down from CNY 867,737,959.04[143]. - The company's total equity increased to CNY 658,100,850.03 from CNY 626,041,628.93[143]. - The company's equity attributable to shareholders increased to ¥627,560,829.47 from ¥596,454,660.52, an increase of approximately 5.2%[139]. - The total owner's equity at the end of the reporting period was 336.6 million RMB, with a capital reserve of 1.613 billion RMB[164]. - The company’s total liabilities were approximately 1.613 billion RMB, indicating a manageable debt level[164]. Revenue Streams - Revenue from forestry operations reached 846,217,599.90 CNY, a significant increase of 454.80% year-on-year, while revenue from the engineered wood manufacturing sector was 1,111,576,026.67 CNY, up 13.07% year-on-year[36]. - The company produced 10,600 cubic meters of timber, with sales also at 10,600 cubic meters, a decrease of 64.67% compared to the previous year[32]. - Domestic sales amounted to ¥202,544,337.99, down 14.70% year-over-year, with a gross margin of 31.01%[38]. - The company reported total revenue of 202,544,337.99 CNY, a decrease of 22.02% compared to the previous year, primarily due to changes in the scope of consolidation[34]. Strategic Initiatives - The company is focusing on technological innovation and new product development to drive future growth[28]. - The company aims to modernize forestry operations and enhance forest quality through increased research in forestry technology[29]. - The company plans to explore diversified mechanisms for realizing ecological value in forestry[29]. - The company plans to enhance its forestry management services and participate in national reserve forest projects to improve operational efficiency and land quality[55]. - The company aims to expand its market presence by developing new products and enhancing its marketing strategies to mitigate risks associated with raw material supply and pricing fluctuations[56]. Shareholder and Equity Information - The company did not distribute cash dividends or issue new shares during the reporting period[61]. - The company has a profit compensation agreement in place, allowing for the unlocking of shares based on performance metrics, with 60% of shares eligible for unlocking under certain conditions[120]. - The total number of shares before the change was 336,683,900, with a breakdown of 56,483,130 restricted shares (16.78%) and 280,200,700 unrestricted shares (83.22%)[115]. - After the change, the number of restricted shares decreased to 30,385,890 (9.03%), while unrestricted shares increased to 306,298,000 (90.97%)[115]. - The largest shareholder, Zhonglin (Yongan) Holdings Co., Ltd., holds 19.27% of the shares, amounting to 64,884,600 ordinary shares[124]. - The second-largest shareholder, Su Jiaxu, owns 14.15% of the shares, totaling 47,628,978 ordinary shares[124]. Operational Changes and Management - The company has undergone a management change, appointing a new general manager on February 24, 2021[60]. - The company has established an independent financial department and accounting system to ensure financial independence[83]. - The company has committed to ensuring independent operations and financial decision-making for its subsidiaries[83]. - The company has a plan to compensate shareholders within five working days after receiving a written notice regarding performance compensation obligations[72]. Regulatory and Compliance Issues - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure regulations[87]. - The company was investigated by the China Securities Regulatory Commission for information disclosure violations, but no penalties were imposed[91]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[88]. - The company has not provided any external guarantees that violate regulations during the reporting period[85]. Cash Flow and Financial Management - Cash flow from operating activities generated a net amount of CNY 153,163,529.74, a substantial increase from CNY 28,800,308.99 in the previous year[154]. - The company plans to focus on reducing investment outflows and enhancing cash flow management strategies moving forward[158]. - The cash flow from operating activities showed a strong recovery, highlighting improved operational efficiency and revenue generation capabilities[158]. - The company incurred financing cash outflows of CNY 296,587,120.23, compared to CNY 628,862,087.63 in the same period last year, indicating a reduction in financing activities[155].