Corporate Structure and Governance - The company's stock code is 000679, and it is listed on the Shenzhen Stock Exchange[12]. - The registered address of the company is No. 1 Qiyi Street, Zhongshan District, Dalian, Liaoning Province, 116001[12]. - The company’s legal representative is Tian Yiqun[12]. - The current major shareholders include Jiaweide Investment holding 51%, Dayang Group holding 32%, and Ada Seafood holding 17%[15]. - The company has undergone multiple changes in its major shareholder structure, with Jiaweide becoming the controlling shareholder in 2012[15]. - The company has a commitment to ensuring the accuracy and completeness of its financial reports[3]. - The board of directors has confirmed that all members attended the meeting to review the annual report[4]. - The company has a governance structure that includes a shareholders' meeting, board of directors, and supervisory board, ensuring clear responsibilities and procedures[156]. - The company has a diverse management team with backgrounds in finance, engineering, and retail management[145]. - The company has a focus on talent development, particularly for key positions, to align with future growth[152]. - The company has not faced any penalties from securities regulatory authorities in the past three years[148]. - The company maintains complete independence from its controlling shareholder, Dalian Friendship Group, in business, personnel, assets, institutions, and finance[158]. - The company has a fully independent business system with no substantial competition with its controlling shareholder or its subsidiaries[158]. - The company’s independent directors actively participated in board meetings and shareholder meetings, with a total of 4 attendances at shareholder meetings during the reporting period[163]. - The independent directors provided reasonable suggestions and maintained communication with the management team, ensuring the protection of minority shareholders' interests[165]. - The independent directors participated in the audit of the 2015 annual report, ensuring the audit process was independent and orderly[166]. Financial Performance - The company's operating revenue for 2015 was ¥2,793,841,157.92, a decrease of 22.33% compared to ¥3,596,961,778.04 in 2014[16]. - The net profit attributable to shareholders was -¥187,049,278.19, representing a decline of 431.31% from ¥56,456,912.41 in the previous year[16]. - The net cash flow from operating activities was ¥65,604,113.88, down 82.54% from ¥375,797,107.27 in 2014[16]. - The total assets at the end of 2015 were ¥8,427,989,652.51, a decrease of 5.32% from ¥8,901,890,407.34 at the end of 2014[16]. - The net assets attributable to shareholders decreased by 14.05% to ¥1,262,259,838.30 from ¥1,468,639,120.47 in 2014[16]. - The company reported a total revenue of 2,793.84 million yuan, a year-on-year decrease of 22.33%[42]. - The net profit attributable to shareholders was -187.05 million yuan, a decline of 431.31% compared to the previous year[32]. - The company reported a total revenue of 1,691,044.86 million CNY from real estate development, with a loss of 60,024,989 million CNY[74]. - The retail segment experienced a revenue of 586,460,880 million CNY, but incurred a loss of 11,255,614 million CNY[75]. - The company reported a significant increase in financial assets, with a total of CNY 36,002,996.40, reflecting a decrease of 1,929,726.28 in fair value[64]. - The company reported a significant increase in other payables from CNY 128,040,896.99 to CNY 292,422,450.26, reflecting a growth of about 128.5%[185]. Business Strategy and Operations - The major business structure has shifted from primarily retail and hotel operations to include real estate and other strategic investments[15]. - The company is focusing on transforming its business strategy in response to the challenges faced in the retail and real estate sectors, including expanding online channels and enhancing experiential retail offerings[25]. - The company is pursuing a major asset restructuring with Wuhan Credit Investment Group, aiming to expand into guarantee, credit, and internet finance businesses[39]. - The company is focusing on a "return and transformation" strategy in retail, enhancing shopping center functionalities and integrating O2O channels[33]. - In real estate, the company is adjusting its inventory structure and has made provisions for inventory depreciation due to slow market turnover[34]. - The company plans to enhance its retail strategy by integrating online and offline shopping experiences, focusing on quality and affordability[77]. - The hotel division aims to expand into the conference, business, and tourism markets while improving service quality[77]. - The company is actively promoting its import goods display and direct sales business, focusing on expanding its market presence through online and direct sales strategies[78]. - The company aims to leverage the national destocking trend to break sales bottlenecks in Dalian and Shenyang, focusing on quick inventory turnover in the real estate sector[78]. - The company plans to fully advance its major asset restructuring work in 2016, which is seen as a necessary choice under the new market conditions[78]. Financial Management and Reporting - The company has appointed Dahua Certified Public Accountants (Special General Partnership) for financial and internal control audits, with a fee of 750,000 RMB[96]. - The audit opinion issued by the accounting firm was a standard unqualified opinion, confirming the fair presentation of the financial statements[176]. - The company maintained effective internal control over financial reporting as of December 31, 2015, according to the internal control audit report[174]. - There were no significant deficiencies identified in financial reporting or non-financial reporting during the reporting period[172]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to RMB 3.363 million[149]. - The company has established a performance evaluation system for senior management that links compensation to overall company performance and individual contributions[171]. Shareholder and Equity Information - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[5]. - The company did not distribute cash dividends in 2015, despite having a positive profit available for distribution[88]. - The company reported a cash dividend payout ratio of 0.00% for 2015, reflecting its decision not to distribute dividends during that year[88]. - The total number of common shareholders at the end of the reporting period was 34,950, down from 40,033 at the end of the previous month[129]. - The largest shareholder, Dalian Friendship Group, Co., Ltd., holds 29.93% of shares, totaling 106,660,000 shares, with 96,660,000 shares pledged[129]. - The company has no preferred shares outstanding during the reporting period[135]. - The actual controller of the company is Dalian Jiaweide Investment Co., Ltd., which has not changed during the reporting period[132]. - There were no changes in the controlling shareholder during the reporting period[131]. - The company did not engage in any repurchase transactions during the reporting period[130]. - The company has no other shareholders holding more than 10% of shares[133]. Employee and Management Information - The total number of employees as of the end of 2015 was 1,174, with a total salary expense of RMB 90.094 million, representing 3.22% of the company's operating revenue[153]. - The average salary for senior management was RMB 576,000 per person, while the average salary for all employees was RMB 76,700 per person[153]. - A total of 122 training sessions were conducted in 2015, with 839 participants and 850 hours of training completed[152]. - The annual allowance for independent directors was set at RMB 60,000 (after tax) per person[148]. - The company has experienced a management change with the resignation of Vice President Han Yong on February 23, 2016, due to personal reasons[139]. Risk Management and Compliance - The company implemented a comprehensive risk management system and revised several internal regulations during the reporting period[156]. - There were no major lawsuits or arbitration matters during the reporting period[98]. - The company did not implement any stock incentive plans or employee stock ownership plans during the reporting period[100]. - The company engaged in related party transactions, including property leasing with a transaction amount of 55.58 million RMB, which accounted for 100% of the same type of transactions[101]. - The company has no overdue principal or income that has not been recovered[121]. - The company has not disclosed any other important matters beyond those mentioned[122].

Financial Performance - Operating revenue for the reporting period was CNY 643,935,574.79, a decline of 41.88% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 18,016,216.24, representing a decrease of 137.27% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 18,232,309.53, down 137.68% year-on-year[7] - Basic earnings per share were -CNY 0.05, a decrease of 136.76% compared to the same period last year[7] - The weighted average return on net assets was -1.15%, down from -4.33% in the previous year[7] - Operating revenue decreased by 30.04% year-on-year, primarily due to most projects of the real estate company being under development[15] - Investment income decreased by 48.94% year-on-year, mainly due to a decline in profits from associated companies[16] - Non-operating income increased by 80,691.97% year-on-year, primarily due to compensation received from the government for land recovery[16] - Asset impairment losses increased by 693.99% year-on-year, mainly due to an increase in bad debt provisions related to accounts receivable[15] Assets and Liabilities - Total assets decreased by 7.93% to CNY 8,195,939,580.10 compared to the end of the previous year[7] - Cash and cash equivalents decreased by 65.48% compared to the beginning of the period, primarily due to repayment of bank loans[15] - Accounts receivable increased by 407.58% compared to the beginning of the period, mainly due to an increase in receivables from subsidiaries[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,423[11] - The largest shareholder, Dalian Friendship Group Co., Ltd., held 29.93% of the shares, totaling 106,660,000 shares[11] - There were no significant changes in the shareholding structure or related party transactions among the top shareholders during the reporting period[12] Cash Flow - The net cash flow from operating activities for the year-to-date was -CNY 416,986,548.26, an increase of 16.91% compared to the previous year[7] - The net cash flow from investment activities increased by 44.46% year-on-year, mainly due to the impact of renovation expenditures[16] Corporate Actions - The company plans to use up to RMB 200 million of idle funds to purchase short-term bank financial products[17] - The company provided a guarantee for a bank loan of RMB 100 million for its wholly-owned subsidiary, with a fixed interest rate of 12%[17] - The company is in the process of a major asset restructuring, with a commitment to disclose relevant information by November 21, 2015[19]

Financial Performance - The company reported a revenue of CNY 1,402,999,367.61, a decrease of 22.83% compared to the same period last year[21]. - Net profit attributable to shareholders increased by 94.04% to CNY 124,839,072.49[21]. - The net profit after deducting non-recurring gains and losses dropped by 97.01% to CNY 1,925,425.82[21]. - Basic earnings per share rose by 93.37% to CNY 0.35[21]. - The company achieved a profit of CNY 19,616.31 million, a year-on-year increase of 51.50%[29]. - Total operating revenue for the first half of 2015 was CNY 1,402,999,367.61, a decrease of 23% compared to CNY 1,818,159,778.17 in the same period of 2014[121]. - Net profit for the first half of 2015 reached CNY 144,958,977.60, an increase of 69% compared to CNY 85,690,256.71 in the previous year[121]. - The net profit attributable to shareholders of the parent company was CNY 124,839,072.49, up from CNY 64,336,784.17, marking a growth of 94%[121]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 18.63%, amounting to CNY -264,300,450.57[21]. - Cash and cash equivalents saw a net decrease of ¥1,115,261,822.09, a decline of 241.30% due to reduced borrowings[30]. - Cash inflow from operating activities totaled CNY 1,605,449,750.32, an increase from CNY 1,440,004,388.66 in the previous period[128]. - Cash outflow from operating activities was CNY 1,869,750,200.89, compared to CNY 1,764,811,167.82 in the prior period[129]. - Net cash flow from operating activities was negative CNY 264,300,450.57, an improvement from negative CNY 324,806,779.16 year-over-year[129]. - The ending cash and cash equivalents balance was CNY 658,918,319.93, down from CNY 1,750,462,429.57 in the previous period[130]. Assets and Liabilities - Total assets decreased by 9.49% to CNY 8,056,939,064.85 compared to the end of the previous year[21]. - Total liabilities decreased from CNY 6,816,168,070.69 to CNY 5,823,347,171.76, a reduction of about 14.6%[113]. - Current assets decreased from CNY 6,896,680,452.07 to CNY 6,007,833,064.89, representing a reduction of about 12.8%[112]. - Total equity increased from CNY 2,085,722,336.65 to CNY 2,233,591,893.09, reflecting an increase of approximately 7.1%[114]. Business Strategy and Development - The company plans to seek new business growth points through diversified development and has applied for a stock suspension due to a major asset restructuring[29]. - The company aims to position itself as a "consumer service provider for thousands of households" focusing on modern service industries[29]. - The company plans to focus on market expansion and new product development to enhance future growth prospects[121]. - The company is exploring potential mergers and acquisitions to strengthen its market presence and operational capabilities[143]. Subsidiaries and Investments - Total assets of subsidiary Dalian Fuli reached CNY 1,337,497,300, with a net profit of CNY -1,330,349.91[49]. - Subsidiary Huasong Hotel reported an operating income of CNY 74,358,498, with a net profit of CNY -1,307,970[49]. - The total investment for the Jinshigu project is planned at CNY 989 million, with CNY 43.01 million invested in the current reporting period, and cumulative actual investment reaching CNY 605.37 million, representing 61.20% of the planned investment[53]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 33,508[96]. - The company has a total share capital of 356,400,000 shares, with 99.98% being unrestricted shares[94]. - The largest shareholder, Dalian Friendship Group Co., Ltd., holds 106,660,000 shares, accounting for 29.93% of the total shares[97]. - The company reported a cash dividend distribution plan for 2014, distributing CNY 0.50 per 10 shares, with a total of 356.4 million shares eligible for the distribution[55]. Compliance and Governance - The company has no major litigation or arbitration matters during the reporting period[62]. - The company has no significant media questioning issues during the reporting period[62]. - The company has not undergone any bankruptcy reorganization during the reporting period[63]. - The company adheres to the Chinese Accounting Standards, ensuring the financial statements reflect a true and complete picture of its financial status[153]. Financial Reporting and Accounting Policies - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired[161]. - The company includes all subsidiaries in the consolidated financial statements based on control, ensuring consistent accounting policies and periods[163]. - The company applies an aging analysis method for accounts receivable, with provisions ranging from 5% for receivables under 1 year to 100% for those over 5 years[189]. - The company uses a perpetual inventory system and applies the FIFO method for inventory valuation[194].

大连友谊(集团)股份有限公司 2015 年第一季度报告正文 证券代码：000679 证券简称：大连友谊 公告编号：2015-014 大连友谊(集团)股份有限公司 2015 年第一季度报告正文 1 大连友谊(集团)股份有限公司 2015 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人田益群、主管会计工作负责人孙锡娟及会计机构负责人(会计主 管人员)陈爱筠声明：保证季度报告中财务报表的真实、准确、完整。 2 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -8,163.38 | | | 除同公司正常经营业务相关的有效套期保值业务外，持有交易 性金融资产、交易性金融负债产生的公允价值变动损益，以及 | 26,250.00 | | | 处置交易性金融资产、交易性金融负债和可供出售金融 ...

Dividend Policy - The company plans to distribute a cash dividend of 0.50 CNY per 10 shares to all shareholders, based on a total of 35.64 million shares[4]. - The company reported a net profit of CNY 622,278.14 for the fiscal year 2014, with a profit distribution plan proposing a cash dividend of CNY 0.50 per 10 shares[82]. - The total cash dividend for 2014 amounted to CNY 17,820,000, representing 31.56% of the net profit attributable to shareholders[83]. - In 2013, the company distributed cash dividends totaling CNY 89,100,000, which was 55.62% of the net profit attributable to shareholders[83]. - The cash dividend policy remains consistent, with 100% of the profit distribution being in cash dividends for 2014[84]. - The company has maintained a steady dividend payout over the past three years, with cash dividends of CNY 71,280,000 in 2012, CNY 89,100,000 in 2013, and CNY 17,820,000 in 2014[83]. - The company’s total available profit for distribution has shown a decrease from CNY 273,069,881.39 in 2012 to CNY 136,170,239.73 in 2014[82]. Financial Performance - The company reported a revenue of CNY 3,596,961,778.04 in 2014, a decrease of 0.96% compared to CNY 3,631,997,681.55 in 2013[22]. - Net profit attributable to shareholders was CNY 56,456,912.41, down 64.76% from CNY 160,187,002.22 in the previous year[22]. - Basic earnings per share decreased to CNY 0.16, down 64.44% from CNY 0.45 in 2013[22]. - The company’s net profit decreased by 52.44% year-on-year, contrasting with the significant increase in operating cash flow[42]. - The company reported a net loss of approximately 239.57 million yuan, indicating a significant decline in profitability[64]. - The total revenue for the year was approximately 1,130.39 million yuan, showing a slight increase compared to the previous year's 1,090.17 million yuan[64]. - The company reported a total comprehensive income of CNY 122,567,173.22, down from CNY 228,645,986.43 in the previous year[195]. Business Strategy and Operations - The company has undergone a business structure adjustment, shifting focus primarily to retail, hospitality, and real estate sectors[18]. - Future outlook includes strategic investments aimed at market expansion and enhancing operational efficiency[18]. - The company is actively pursuing new product development and technological advancements to stay competitive in the market[18]. - The company has identified potential acquisition targets to bolster its market presence and diversify its portfolio[18]. - The company is actively exploring online retail channels, with the deployment of WiFi and electronic membership cards in stores[32]. - The company has initiated the first store under the "department store shopping center" model in Liao Yang, which began trial operations in July[32]. - The company is focusing on enhancing its product offerings and services in the retail sector, particularly in daily consumer goods[65]. Market Environment - The company faced significant challenges due to macroeconomic pressures and competition from e-commerce, impacting traditional retail performance[30]. - The overall market environment for retail, hotels, and real estate showed signs of decline, with the real estate market experiencing a 7.6% drop in sales area and a 6.3% drop in sales revenue[30]. - The hotel segment's revenue was CNY 21,738.13 million, a decline of 15.16%, but profits increased by 4.48%[31]. - The real estate segment achieved revenue of CNY 170,709.26 million, an increase of 5.27%, while profits decreased by 21.16%[31]. Financial Position - Total assets at the end of 2014 were CNY 8,901,890,407.34, a decline of 5.96% from CNY 9,465,841,330.91 in 2013[22]. - The company's total liabilities decreased from CNY 7,379,844,588.54 to CNY 6,816,168,070.69, reflecting a reduction of about 7.63%[187]. - Current assets totaled CNY 6,896,680,452.07 at the end of 2014, down from CNY 7,619,419,788.16, indicating a decrease of approximately 9.47%[185]. - Cash and cash equivalents increased significantly from CNY 1,016,391,296.75 to CNY 1,831,463,739.07, marking an increase of about 80.00%[185]. - The company's inventory decreased from CNY 6,428,966,478.14 to CNY 4,935,212,022.03, a decline of approximately 23.25%[185]. Governance and Compliance - The board of directors has confirmed that all financial reports are accurate and complete, ensuring transparency for investors[4]. - The company has established a comprehensive internal control system, with no significant deficiencies reported during the evaluation period[175]. - The internal control audit report confirmed that the company maintained effective financial reporting controls as of December 31, 2014[176]. - The company has a systematic approach to information disclosure, ensuring timely and accurate communication with shareholders[154]. - The independent directors provided reasonable suggestions that were adopted, ensuring the protection of minority shareholders' interests[161]. Shareholder Information - The largest shareholder, Dalian Friendship Group Co., Ltd., holds 29.93% of the shares, totaling 106,660,000 shares[122]. - The company has a total of 356,400,000 shares, with 99.98% being unrestricted shares and 0.02% being restricted shares[120]. - The company did not engage in any repurchase transactions during the reporting period[124]. - The company has fulfilled its commitment regarding the sale of shares by Dalian Friendship Group, which will sell 5% or more of its shares within six months of the first sale[114]. Employee and Management Structure - The total number of employees as of December 31, 2014, was 1,236, including 372 administrative staff, 220 finance personnel, 407 sales/business staff, and 249 technical staff[149]. - The company conducted a total of 112 training sessions in 2014, with 728 participants and a total of 820 hours of training completed[151]. - The governance structure includes a general meeting of shareholders, a board of directors, and a supervisory board, ensuring clear responsibilities and checks and balances[154]. - The company emphasizes a competitive salary system based on market research and performance indicators, aiming to align employee quality with salary levels[150].

Financial Performance - Operating revenue for the reporting period was ¥1,107,903,142.43, a decrease of 11.56% year-on-year[7]. - Net profit attributable to shareholders was ¥48,335,512.49, down 44.31% compared to the same period last year[7]. - Basic earnings per share decreased by 44.26% to ¥0.136[7]. - The weighted average return on net assets was 3.18%, a decrease of 2.84% year-on-year[7]. - The company reported a net profit attributable to shareholders for the year-to-date of ¥112,672,296.66, down 25.19% year-on-year[7]. - Non-recurring gains and losses amounted to -¥84,670.72 for the year-to-date[8]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,800,707,419.20, an increase of 3.54% compared to the end of the previous year[7]. - Accounts receivable increased by 63.65% compared to the beginning of the period, mainly due to increased room fees receivable from the affiliated Fuli Hua Hotel[21]. - Other current assets decreased by 53.61% compared to the beginning of the period, primarily due to a reduction in prepaid income tax by the affiliated real estate company[21]. - Net fixed assets increased by 65.39% compared to the beginning of the period, mainly due to the valuation transfer of the Liao Yang Friendship Mall construction project to fixed assets[21]. - Long-term deferred expenses decreased by 31.09% compared to the beginning of the period, due to amortization during the period[21]. - Prepayments decreased by 57.54% compared to the beginning of the period, mainly due to revenue recognition and a decrease in advance room payments[21]. - Taxes payable increased by 153.96% compared to the beginning of the period, mainly due to a decrease in prepaid taxes and an increase in land value increment tax[21]. - Dividends payable increased by 320% compared to the beginning of the period, primarily due to increased profit distribution by the affiliated real estate company[21]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥501,858,800.63, a decline of 17.39%[7]. - Net cash flow from investing activities increased by 73.86% year-on-year, mainly due to the acquisition of the Liao Yang Friendship Mall project during the same period[21]. - Net cash flow from financing activities increased by 296.13% year-on-year, primarily due to an increase in borrowings during the period[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,185[11]. - The largest shareholder, Dalian Friendship Group Co., Ltd., held 29.93% of the shares, totaling 106,660,000 shares[11]. Corporate Developments - The company is developing an O2O business model by signing a contract with Tencent to enhance online and offline integration, including a micro-mall that is currently in trial operation[24]. - The company has achieved wireless Wi-Fi coverage in stores and established a WeChat public platform for marketing and service promotion[24]. - The company has appointed Yu Honglan as an independent director candidate following the passing of former independent director Li Yuanshan[23]. - The company has not reported any significant changes in expected net profit for the year compared to the previous year[27]. - The company holds 5,287,573 shares of Bank of Communications, valued at approximately 22.68 million yuan, with a reported gain of 1.37 million yuan during the reporting period[27]. - The company has not engaged in any derivative investments during the reporting period[28]. - The company has not held any other listed company shares during the reporting period[27]. - The company has not conducted any investor communications or interviews during the reporting period[29]. - The company is under a court ruling to bear liability for a quarter of the unpaid portion owed by Hongbao Group Co., Ltd. to Dalian He Shi Bi Investment Co., Ltd.[22].

Financial Performance - The company achieved operating revenue of CNY 1,818,159,778.17, representing a year-on-year increase of 5.68%[21] - Net profit attributable to shareholders was CNY 64,336,784.17, reflecting a growth of 0.81% compared to the same period last year[21] - The retail sector's revenue decreased by 8.13% to CNY 82,070,000, with profits dropping by 54% to CNY 2,401,000 due to increased operational costs and declining sales[29] - The hotel sector reported a revenue decline of 12% to CNY 9,026,000, resulting in a loss of CNY 1,619,000, primarily due to reduced income[29] - The real estate sector saw a revenue increase of 28% to CNY 87,310,000, but profits fell by 5% to CNY 16,206,000 due to unfavorable market conditions[29] - Basic earnings per share increased by 1.12% to CNY 0.181[21] - The company's operating revenue for the reporting period was ¥1,818,159,778.17, representing a year-on-year increase of 5.68% compared to ¥1,720,463,838.10 in the same period last year[31] - The company's net profit for the first half of 2014 was not explicitly stated, but the increase in total revenue and costs indicates a focus on maintaining profitability amidst rising expenses[112] - The net profit for the current period is CNY 85.69 million, slightly up by 0.24% from CNY 85.48 million in the previous period[113] - The total comprehensive income for the current period is CNY 85.85 million, compared to CNY 82.03 million in the previous period, marking an increase of 4.36%[113] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -324,806,779.16, an improvement of 23.66% from the previous year[21] - The company reported a net cash inflow from financing activities of ¥1,196,791,878.88, a significant increase of 10,586.45% compared to a net outflow of ¥11,412,748.91 in the previous year[31] - The net increase in cash and cash equivalents was ¥789,297,222.70, a 222.03% improvement from a decrease of ¥646,794,495.66 in the same period last year[31] - The cash flow from operating activities shows a net outflow of CNY 324.81 million, an improvement from a net outflow of CNY 425.47 million in the previous period[119] - The net cash flow from investment activities was 35,100,636.04 CNY, a significant improvement compared to a negative cash flow of 38,978,512.53 CNY in the previous period[122] - The net cash flow from financing activities was 195,119,998.78 CNY, a recovery from a negative cash flow of 68,609,172.73 CNY in the previous period[122] - The total cash and cash equivalents at the end of the period increased to 1,152,707,634.28 CNY, up from 584,890,200.13 CNY at the beginning of the period[122] Assets and Liabilities - Total assets increased by 8.61% to CNY 10,280,609,010.39 compared to the end of the previous year[21] - The total current assets increased to CNY 8,364,313,802.63 from CNY 7,619,419,788.16, reflecting a growth of approximately 9.76%[105] - Cash and cash equivalents rose significantly to CNY 1,802,463,807.00 from CNY 1,016,391,296.75, marking an increase of about 77.06%[105] - The company's total liabilities increased to CNY 8,112,963,384.12 from CNY 7,379,844,588.54, reflecting a rise in both current and non-current liabilities[107] - The equity attributable to shareholders rose to CNY 1,554,130,154.72 from CNY 1,489,634,743.36, indicating a strengthening of shareholder value[107] Sector Performance - The total revenue for the hotel operations segment was 163.33 million CNY, with a net loss of 16.11 million CNY[48] - The real estate development segment reported revenue of 100 million CNY, with a profit of 87.85 million CNY, reflecting a profit margin of 87.85%[48] - The retail segment, including daily necessities, generated revenue of 38.07 million CNY, resulting in a net loss of 13.53 million CNY[49] - The company’s subsidiary in the duty-free business achieved revenue of 40.14 million CNY, with a profit of 6.02 million CNY, indicating a profit margin of 14.97%[48] - The company’s retail operations in Shenyang reported a revenue of 9.49 million CNY, with a net loss of 501,037 CNY[49] - The property management segment generated revenue of 89.96 million CNY, with a net loss of 8.89 million CNY[49] Investment and Development - The company plans to expand its real estate development projects, focusing on high-demand areas to increase revenue streams[50] - The retail segment is exploring new product lines to enhance sales and improve profitability in the upcoming quarters[50] - The company is considering strategic acquisitions to strengthen its market position and diversify its business portfolio[50] - The total planned investment for the Jinshigu project is 98.9 million, with an actual investment of 55.263 million, achieving 55.88% project progress[52] - The total planned investment for the Dalian Fuli International project is 220 million, with an actual investment of 134.857 million, achieving 61.30% project progress[52] - The total planned investment for the Dalian New Faxi East Port project is 359 million, with an actual investment of 152.793 million, achieving 42.56% project progress[52] - The total planned investment for the Suzhou Shihu project is 170 million, with an actual investment of 93.473 million, achieving 54.98% project progress[52] - The total planned investment for the Suzhou Weiting project is 48 million, with an actual investment of 40.235 million, achieving 83.82% project progress[52] - The total planned investment for the Shenyang Friendship Times Square project is 240 million, with an actual investment of 109.031 million, achieving 45.43% project progress[52] - The total planned investment for the Handan Friendship Times Square project is 120 million, with an actual investment of 49.527 million, achieving 41.27% project progress[52] - The total planned investment for the Liaoyang Friendship Mall project is 49.2 million, with an actual investment of 46.16 million, achieving 93.82% project progress[52] - The total planned investment across all projects is 1,305.1 million, with a cumulative actual investment of 681.339 million[52] Corporate Governance and Shareholder Information - The company plans to not distribute cash dividends or issue bonus shares for the half-year period[56] - The total number of ordinary shareholders at the end of the reporting period was 29,491[90] - The company did not undergo any changes in its controlling shareholder during the reporting period[94] - There were no plans for share repurchase or increase in shareholding by shareholders during the reporting period[95] - The company appointed a new vice president and added an independent director during the reporting period[100] - The top ten shareholders did not have any related party relationships or act in concert as per the disclosure requirements[93] Accounting Policies and Standards - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements accurately reflect its financial position, operating results, and cash flows[140] - The accounting period for the company is from January 1 to December 31 each year[141] - The company uses Renminbi as its functional currency for accounting purposes[142] - Cash and cash equivalents are defined as cash on hand and deposits that are readily available for payment[152] - Foreign currency transactions are recorded using the spot exchange rate on the transaction date, while monetary items are converted at the spot exchange rate on the balance sheet date, resulting in exchange differences recognized in the current profit or loss[153]

公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 大连友谊(集团)股份有限公司 2014 年第一季度报告正文 证券代码：000679 证券简称：大连友谊 公告编号：2014-016 大连友谊(集团)股份有限公司 2014 年第一季度报告正文 1 大连友谊(集团)股份有限公司 2014 年第一季度报告正文 第一节 重要提示 所有董事均已出席了审议本次季报的董事会会议。 公司负责人田益群、主管会计工作负责人孙锡娟及会计机构负责人(会计主 管人员)陈爱筠声明：保证季度报告中财务报表的真实、准确、完整。 2 大连友谊(集团)股份有限公司 2014 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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） | 777,539,340.39 | 759 ...

Dividend Distribution - The company plans to distribute a cash dividend of 2.50 CNY per 10 shares to all shareholders based on the total share capital as of December 31, 2013[5]. - The company declared a cash dividend of RMB 2.50 per 10 shares for the reporting period, totaling RMB 89,100,000, which represents 55.62% of the net profit attributable to shareholders[85]. - The company maintained a consistent cash dividend policy, with cash dividends accounting for 100% of the profit distribution total for the reporting period[85]. Business Structure and Focus - The company reported a significant change in its business structure, shifting focus primarily to retail, hospitality, and real estate sectors[20]. - The company’s major shareholder is Dalian Friendship Group, which underwent a restructuring in 2006 to diversify its investment[20]. - The company’s actual controller is Mr. Sun Xishuang, the chairman of Dalian Yifang Real Estate Co., Ltd[20]. Financial Performance - The company achieved operating revenue of CNY 3,631,997,681.55 in 2013, representing a year-on-year increase of 7.54%[25]. - The net profit attributable to shareholders was CNY 160,187,002.22, up 5.49% from the previous year[25]. - The company’s total revenue for 2013 was CNY 3,631,997,681.55, representing a year-on-year increase of 7.54% compared to CNY 3,377,327,432.64 in 2012[40]. Segment Performance - The retail segment generated revenue of CNY 172,446,000, a growth of 4.98%, but profits decreased by 19.5%[36]. - The hotel segment reported revenue of CNY 25,624,000, down 11.86%, with profits declining by 69%[36]. - The real estate sector saw revenue of CNY 162,167,000, an increase of 15.75%, and profits rose by 33.6%[36]. Cash Flow and Assets - The company reported a significant decrease in net cash flow from operating activities, with a net outflow of CNY 518,389,728.12, a decline of 572.84%[25]. - The total assets at the end of 2013 were CNY 9,465,841,330.91, a decrease of 1.58% compared to the previous year[25]. - As of the end of 2013, cash and cash equivalents amounted to ¥1,016,391,296.75, representing 10.74% of total assets, a decrease of 4.65% from the previous year due to increased investment projects[53]. Investment and Financing - Investment cash outflow increased by 111.10% to CNY 450,047,646.73, primarily due to the acquisition and renovation of the Liao Yang Friendship Mall project[51]. - Financing cash inflow rose by 57.42% to CNY 3,719,066,800.49, attributed to increased borrowings[47]. - Short-term borrowings increased to ¥2,318,000,000.00, accounting for 24.49% of total assets, up 8.23% from ¥1,564,000,000.00 in 2012[55]. Risk Management - The company has established a comprehensive risk management framework to address potential investment risks[12]. - The company emphasizes risk control and resource allocation to ensure safety and stability in operations amid market changes[77]. - The company has implemented strict procedures for related party transactions and insider information management to prevent insider trading[156]. Corporate Governance - The company emphasizes the importance of accurate financial reporting and has declared the completeness of its annual report[4]. - The company has established a core management team that enhances operational efficiency and reduces agency costs, ensuring sustainable development[58]. - The company maintains complete independence from its controlling shareholder, Friendship Group, in terms of business, personnel, assets, organization, and finance[170]. Subsidiary Performance - The retail subsidiary, Shenyang Friendship, reported a revenue of approximately 121.38 million CNY, but faced a net loss of about 1.60 million CNY, indicating challenges in the retail market[66]. - Dalian Youjia reported a revenue of approximately 233.64 million CNY, with a net profit of around 1.05 million CNY, showing a positive performance in daily necessities retail[66]. - The real estate development subsidiary, Jiangsu Friendship, achieved a revenue of approximately 844.16 million CNY, with a net profit of about 512.41 million CNY, highlighting strong growth in this segment[67]. Internal Control and Audit - The audit committee confirmed that the financial report for the year ending December 31, 2013, accurately reflects the company's financial position and operating results, with no significant misstatements found[164]. - The audit opinion for the financial statements is a standard unqualified opinion, indicating no issues found by the auditing firm[185]. - The company has established a comprehensive internal control system, with no significant deficiencies reported during the evaluation period[179]. Employee and Management - The total number of employees as of the end of 2013 was 1,267, including 482 sales personnel and 249 technical personnel[149]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to RMB 531.33 million[147]. - The company emphasizes talent development, focusing on building a strong team for future growth[152].