Financial Performance - The company’s operating revenue for 2021 was ¥392,849,194.82, a decrease of 3.08% compared to ¥405,330,702.33 in 2020[22]. - The net profit attributable to shareholders for 2021 was -¥14,372,990.07, representing a decline of 202.28% from ¥14,052,996.41 in 2020[22]. - The net cash flow from operating activities improved to ¥36,168,129.96 in 2021, a significant increase of 172.38% compared to -¥49,968,631.36 in 2020[22]. - The total assets at the end of 2021 were ¥909,239,979.41, a slight decrease of 0.70% from ¥915,687,317.49 at the end of 2020[22]. - The net assets attributable to shareholders decreased by 29.00% to ¥35,184,074.04 at the end of 2021 from ¥49,557,064.11 at the end of 2020[22]. - The company reported a basic earnings per share of -¥0.05 for 2021, a decline of 200.00% from ¥0.05 in 2020[22]. - The weighted average return on equity was -33.92% in 2021, a decrease of 66.96% from 33.04% in 2020[22]. - The company experienced a negative net profit after deducting non-recurring gains and losses for the recent three accounting years[23]. Audit and Internal Control Issues - The audit report from Zhongxing Caiguanghua Accounting Firm included a qualified opinion regarding going concern, indicating potential risks for the company's future operations[6]. - The company has been subject to additional risk warnings and delisting risk due to the negative opinion on internal controls from the auditing firm[6]. - Significant internal control deficiencies were identified related to the financial management of the subsidiary, Lhasa Beer, particularly concerning large receivables[118]. - The internal control audit report issued a negative opinion due to the presence of significant defects in financial reporting controls[122]. - The company failed to maintain effective financial internal controls as of December 31, 2021, according to the internal control audit report[124]. - The board of directors acknowledges the adverse impact of the audit report's qualified opinion and is committed to resolving the issues promptly[149]. Shareholder Engagement and Governance - The company held 6 shareholder meetings during the reporting period[85]. - A total of 11 board meetings were convened, complying with legal and regulatory requirements[85]. - The supervisory board conducted 6 meetings, adhering to the relevant laws and regulations[85]. - The company ensures equal access to information for shareholders through designated disclosure platforms[85]. - The annual shareholders meeting had a participation rate of 30.77% on June 4, 2021, where key reports and proposals were approved, including the 2020 financial report and the three-year shareholder return plan for 2021-2023[90]. - The company is actively engaging with shareholders to ensure transparency and alignment on future strategies and financial performance[90]. Market and Operational Strategy - The company aims to enhance its product structure and focus on high-end beer production to improve profitability in a competitive market[33]. - The company plans to enhance its brand influence and expand its market presence outside Tibet, leveraging its established brand advantages and digital channels[36]. - The company aims to optimize its management system and improve its marketing framework to adapt to the competitive landscape and consumer preferences[36]. - The company plans to deepen its main business in the Tibet region and develop new products to meet the diverse market demands of younger consumers[75]. Legal and Financial Challenges - The company is involved in a lawsuit with a claim amount of 368.46 million yuan regarding a loan repayment dispute[158]. - The company has been involved in multiple legal disputes, indicating potential financial implications[159]. - The company is actively managing its legal disputes to mitigate financial impacts[167]. - The company has reported ongoing litigation that may affect its financial position and operational focus[172]. - The company is involved in a complex legal environment with multiple cases that could impact its future financial performance[173]. Debt and Receivables Management - The company has established a project team to track the progress of debt recovery and ensure effective execution of repayment plans[143]. - As of December 31, 2021, the company had overdue receivables totaling CNY 515.94 million, with a repayment plan in place from the debtors[147]. - The company is actively communicating with creditors to resolve historical litigation issues and improve its operational status[142]. - The company anticipates that the impact of ongoing litigation will be eliminated by the end of 2022 if the proposed measures are effectively implemented[143]. Environmental and Regulatory Compliance - The company has established a wastewater treatment facility with a design capacity of 2,000 m³/d, achieving a 100% operational rate for pollution control equipment[127]. - The company has implemented measures for energy conservation and emission reduction, aligning with national green development initiatives[130]. - The company has no reported administrative penalties for environmental issues during the reporting period[128]. - The company was notified of an administrative penalty by the Tibet Regulatory Bureau of the China Securities Regulatory Commission, involving a warning and a fine of 600,000 yuan[197]. Future Outlook and Strategic Plans - The company plans to raise a total of approximately ¥314,136,362 through a non-public offering of A-shares, with the net proceeds intended for debt repayment[183]. - The company has decided to temporarily abandon the commercial opportunity for a 300,000-ton beer expansion project in Lhasa Economic and Technological Development Zone, with plans to acquire 100% of the project company by December 31, 2024[195]. - The company is seeking to recover debts from multiple defendants, including joint liability claims[158].

2022年4月 西藏发展股份有限公司 2022年第一季度报告全文 First quarter report of 2022 1 / 西藏发展股份有限公司 西藏发展股份有限公司 2022 年第一季度报告 重要内容提示: 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） | 111,723,030.26 | 95,713,012.50 | 16.73% | | 归属于上市公司股东的净利润（元） | -8,057,707.43 | -6,210,655.19 | -29.74% | | 归属于上市公司股东的扣除非经常性 损益的净利润（元） | -235,099.69 | 2,617,995.41 | -108.98% | | 经营活动产生的现金流量净额（元） | 7,217,422.05 | -12,560,091.11 | 157.46% | | 基本每股收益（元/股） | -0.03 | -0.02 | -50.00% | | 稀释每股收益（元/股 ...

2022年4月 西藏发展股份有限公司 2022年第一季度报告正文 First quarter report of 2022 1 / 西藏发展股份有限公司 西藏发展股份有限公司 2022 年第一季度报告 重要内容提示: 董事、监事、高级管理人员是否存在对季度报告内容存在异议或无法保证其真实、准确、完整的情况 是 □ 否 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） | 111,723,030.26 | 95,713,012.50 | 16.73% | | 归属于上市公司股东的净利润（元） | ...

Third quarter report of 2021 2021年第三季度报告全文 西藏发展股份有限公司 2021 年 10月 1 / 西藏发展股份有限公司 第三季度报告 Third quarter report of 2021 2021 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: 董事、监事、高级管理人员是否存在对季度报告内容存在异议或无法保证其真实、准确、完整的情况 □ 是 √ 否 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 4.审计师发表非标意见的事项 □ 适用 √ 不适用 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 | 本报告期比上年 | 年初至报告期末 | 年初至报告期末比上 ...

Financial Performance - The company's operating revenue for the first quarter of 2021 was ¥95,713,012.50, representing a 105.93% increase compared to ¥46,478,635.95 in the same period last year[9]. - The net profit attributable to shareholders of the listed company was -¥6,210,655.19, a 72.89% improvement from -¥22,906,063.13 year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,617,995.41, a significant increase of 161.99% from -¥4,223,121.40 in the previous year[9]. - The total comprehensive income attributable to shareholders improved to -¥6,210,655.19, reflecting a 72.89% increase from -¥22,906,063.13 in the previous year[18]. - The company reported a total profit of CNY 5,311,710.13, compared to a loss of CNY 20,559,290.50 in the previous period, marking a turnaround[75]. Cash Flow and Assets - The net cash flow from operating activities was -¥12,560,091.11, showing a 10.01% improvement compared to -¥13,956,707.65 in the same period last year[9]. - Cash received from sales of goods and services surged to ¥108,163,229.98, a 236.50% increase from ¥32,143,696.00 in Q1 2020, indicating strong recovery in sales[19]. - The ending cash and cash equivalents balance was 16,527,387.14 CNY, down from 29,092,128.25 CNY at the beginning of the period[84]. - The total current assets increased to ¥593,277,772.01 from ¥547,835,214.27, marking an increase of about 8.3%[66]. - The company's cash and cash equivalents decreased to ¥18,592,119.66 from ¥29,092,128.25 as of December 31, 2020, representing a decline of approximately 36.3%[66]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,389[12]. - The basic earnings per share improved to -¥0.02 from -¥0.09, marking a 77.78% increase[9]. - The net assets attributable to shareholders decreased by 12.53% to ¥43,346,408.91 from ¥49,557,064.11 at the end of the previous year[9]. Legal Matters - The company has faced multiple lawsuits, including a significant case where the court ruled in favor of the company, dismissing claims for joint liability on certain debts[20][21][23]. - The company is involved in multiple lawsuits, including a loan dispute where it is requested to repay 20 million RMB and overdue interest of 6,826,666 RMB[33]. - The company has identified a total of 313.45 million RMB in unauthorized commercial acceptance bills, with 82.2 million RMB already subject to lawsuits[41]. - The company has been ordered to pay 200,000 RMB in a separate lawsuit regarding a commercial acceptance bill[35]. Market and Growth Strategy - The company expects a revenue growth of 10% for the next quarter, projecting a total revenue of 1.65 billion yuan[13]. - New product launches are planned for Q2 2021, including two innovative tech products aimed at expanding market share[13]. - The company is focusing on market expansion in Southeast Asia, targeting a 25% increase in market penetration by the end of 2021[13]. - The company is exploring potential acquisitions to enhance its product offerings and market presence, with a budget of 500 million yuan allocated for this purpose[13]. Operational Efficiency - The gross margin for Q1 2021 was reported at 45%, a slight increase from 43% in Q1 2020[17]. - The company aims to reduce operational costs by 5% through efficiency improvements in the supply chain[17]. - The company has implemented cost-cutting measures that are projected to save approximately 100 million yuan annually[13]. Compliance and Governance - The company has committed to maintaining independence in personnel, assets, finance, and operations, ensuring no competition with its subsidiaries[50]. - The company is actively monitoring and managing any potential conflicts of interest with its controlling shareholders and related parties[51]. - The company is committed to transparency in disclosing any related party transactions in accordance with legal regulations[51].

Financial Performance - The company's operating revenue for the first half of 2021 was RMB 189,407,517.79, representing a year-on-year increase of 29.37% compared to RMB 146,411,285.13 in the same period last year[19]. - The net profit attributable to shareholders of the listed company improved to a loss of RMB 10,193,673.98, a 74.48% reduction from the loss of RMB 39,946,125.04 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 5,193,408.31, a significant increase of 276.34% compared to a loss of RMB 2,945,127.76 in the same period last year[19]. - The net cash flow from operating activities was a negative RMB 5,704,400.21, showing a 90.19% improvement from a negative RMB 58,120,777.56 in the previous year[19]. - The company's total revenue for the reporting period reached ¥189,407,517.79, representing a year-on-year increase of 29.37% compared to ¥146,411,285.13 in the previous year[38]. - The company's beer segment generated revenue of ¥189,138,314.26, representing a 29.39% increase compared to the previous year[41]. - The company reported a significant reduction in financial expenses, down 58.75% to ¥12,179,697.24, due to the resolution of legal cases and reduced interest expenses[38]. - The company reported a net profit for the first half of 2021 of CNY 7.47 million, a significant recovery from a net loss of CNY 28.05 million in the same period of 2020[152]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 936,426,704.60, reflecting a 2.26% increase from RMB 915,687,317.49 at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 20.57% to RMB 39,363,390.13 from RMB 49,557,064.11 at the end of the previous year[19]. - The company's cash and cash equivalents decreased to ¥25,418,808.27, down 0.47% from the previous year[46]. - The company's total liabilities increased to CNY 569,376,976.25 from CNY 556,103,508.76, representing a rise of approximately 2.5%[145]. - The total equity attributable to the parent company's owners at the end of the reporting period was 263.7 million, with a decrease of 39.94 million compared to the previous period[171]. Sales and Market Strategy - The sales model includes both direct sales and distributor sales, aiming to maximize financial efficiency while expanding market reach[27]. - The company reported a recovery in the beer market, leading to a significant increase in main business revenue driven by industry performance[27]. - Direct sales revenue decreased by 42.33% to ¥8,968,665.49, while distributor sales increased by 37.93% to ¥180,169,648.77, indicating a shift in sales strategy[32]. - The revenue from the main product, regular bottled beer (628ml*12), increased by 13.48% to ¥104,931,384.21, with a gross margin of 33.75%[32]. - The company plans to enhance its marketing system and expand its market presence outside the region, leveraging its brand advantages and digital channels[29]. Legal and Regulatory Issues - The company is currently facing multiple lawsuits, with some cases already adjudicated and others still in process, which may significantly impact its financial status[57]. - The company has engaged lawyers to actively respond to lawsuits and is negotiating debt settlements with creditors[59]. - The company has faced various legal challenges, with claims totaling over 1 billion yuan across multiple cases[88]. - The company is actively involved in litigation to recover debts, reflecting ongoing financial disputes with several entities[88]. - The company is involved in multiple legal cases that may impact its financial obligations and cash flow[90]. Environmental and Social Responsibility - The company has established a strict monitoring system for wastewater and air pollutants, with quarterly third-party testing[72]. - The subsidiary, Lhasa Beer, has a wastewater treatment facility with a design capacity of 2000 m³/d, operating at 100% efficiency[69]. - The company has developed a detailed emergency response plan for environmental incidents at its subsidiary Lhasa Beer[71]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[74]. Shareholder and Capital Structure - The company plans to raise up to ¥314,136,362 through a non-public offering of A-shares to repay debts[58]. - The non-public issuance requires approval from the shareholders' meeting and the China Securities Regulatory Commission[124]. - The total number of ordinary shareholders at the end of the reporting period was 26,537[130]. - The largest shareholder, Tibet Shengbang Holdings Co., Ltd., holds 12.74% of the shares, amounting to 33,613,192 shares[130]. Future Outlook and Strategy - The company plans to enhance its brand influence and expand its market presence through digital channels and product upgrades[56]. - The financial guidance for the next period suggests a cautious outlook due to market uncertainties[176]. - The company indicated a focus on improving operational efficiency in the upcoming quarters[176]. - The company is actively working to resolve its debt crisis by hiring professional lawyers and communicating with creditors[185].

Financial Performance - The company's operating revenue for Q1 2021 was ¥95,713,012.50, representing a 105.93% increase compared to ¥46,478,635.95 in the same period last year[9]. - The net profit attributable to shareholders was -¥6,210,655.19, an improvement of 72.89% from -¥22,906,063.13 year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,617,995.41, a significant increase of 161.99% compared to -¥4,223,121.40 in the previous year[9]. - The net cash flow from operating activities was -¥12,560,091.11, showing a 10.01% improvement from -¥13,956,707.65 in the same period last year[9]. - The total assets at the end of the reporting period were ¥954,413,197.13, a 4.23% increase from ¥915,687,317.49 at the end of the previous year[9]. - The net assets attributable to shareholders decreased by 12.53% to ¥43,346,408.91 from ¥49,557,064.11 at the end of the previous year[9]. - The basic earnings per share improved to -¥0.02 from -¥0.09, reflecting a 77.78% increase[9]. - The weighted average return on net assets improved to -13.37% from -95.24%, an increase of 81.87%[9]. Revenue and Sales - Total revenue for Q1 2021 reached ¥95,713,012.50, a significant increase of 105.93% compared to ¥46,478,635.95 in Q1 2020, primarily due to reduced impact from COVID-19[18]. - Cash received from sales of goods and services surged to ¥108,163,229.98, marking a 236.50% increase from ¥32,143,696.00 in Q1 2020, attributed to higher sales[19]. - The company has seen a notable increase in minority shareholders' profit, which rose to ¥9,619,730.23, a 313.02% increase from ¥2,329,134.17 in Q1 2020, driven by higher sales revenue[18]. Legal and Financial Risks - The company faced multiple legal cases, with significant claims including a loan principal of ¥45,000 million, but recent court rulings have favored the company in some instances[20][21][23]. - The company faces potential financial risks, including insolvency and bankruptcy, due to ongoing litigation and the inability to recover losses effectively[27]. - The total amount claimed against the company in various lawsuits exceeds 1 billion CNY, indicating significant legal exposure[28][29]. - The ongoing legal challenges may hinder the company's market expansion and new product development initiatives[27][32]. - The company is actively monitoring its legal situation, as adverse outcomes could lead to severe operational and financial consequences[27][30]. Operational and Strategic Initiatives - The company is investing 100 million yuan in R&D for new technologies aimed at enhancing user experience[12]. - Market expansion plans include entering two new provinces, expected to increase market share by 5%[12]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million yuan allocated for potential deals[12]. - A new marketing strategy focusing on digital channels is expected to increase customer engagement by 30%[12]. - The management emphasized a commitment to sustainability, aiming for a 25% reduction in carbon emissions by 2025[12]. Compliance and Governance - The company has committed to maintaining its independence in operations, finance, and business to avoid any potential conflicts of interest with its controlling shareholders[50]. - The company is actively ensuring compliance with legal regulations regarding related party transactions, emphasizing market pricing principles to protect shareholder interests[51]. - The company has made a long-term commitment to avoid any direct or indirect competition with its subsidiaries, ensuring a clear separation of business operations[51]. - The company is committed to avoiding and minimizing related party transactions, ensuring compliance with legal and regulatory requirements[54]. Cash Flow and Assets - As of March 31, 2021, the company's total current assets amounted to ¥593,277,772.01, an increase from ¥547,835,214.27 on December 31, 2020, reflecting a growth of approximately 8.3%[66]. - The company's cash and cash equivalents decreased to ¥18,592,119.66 from ¥29,092,128.25, representing a decline of about 36.5%[66]. - The company reported a cash outflow of 8,573,322.62 yuan for employee payments, an increase from 6,611,069.45 yuan in the previous period[83].

Financial Performance - The company's operating revenue for 2020 was ¥405,330,702.33, representing a 27.32% increase compared to ¥318,364,145.20 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥14,052,996.41, a significant turnaround from a loss of ¥333,414,403.65 in 2019, marking a 104.21% improvement[18]. - The net profit after deducting non-recurring gains and losses was ¥3,185,985.75, compared to a loss of ¥1,606,529.68 in the previous year, reflecting a 298.31% increase[18]. - The basic earnings per share for 2020 was ¥0.05, a substantial recovery from a loss of ¥1.26 per share in 2019, indicating a 103.97% improvement[18]. - The total assets at the end of 2020 were ¥915,687,317.49, a slight increase of 1.40% from ¥903,065,183.89 at the end of 2019[18]. - The net assets attributable to shareholders increased by 39.58% to ¥49,557,064.11 from ¥35,504,067.70 in 2019[18]. - The weighted average return on equity for 2020 was 33.04%, a significant recovery from -164.88% in 2019, reflecting a 197.92% improvement[18]. - The company reported a significant increase in financial income from non-financial enterprises, rising to ¥9,600,299.29 in 2020 from ¥5,589,230.20 in 2019, representing a growth of approximately 72%[23]. - The total non-operating income and expenses amounted to ¥10,867,010.66 in 2020, a substantial recovery from a loss of ¥331,807,873.97 in 2019[24]. Cash Flow and Debt Management - The company reported a negative net cash flow from operating activities of ¥49,968,631.36, a decline of 221.00% compared to a positive cash flow of ¥41,295,264.76 in 2019[18]. - Operating cash inflow increased by 30.48% to 460,796,719.20 yuan, primarily due to increased sales[58]. - Operating cash outflow rose by 63.78% to 510,765,350.56 yuan, mainly due to increased payments to suppliers and taxes[58]. - The company experienced a debt restructuring gain of ¥14,821,500.20 in 2020, indicating a positive impact on its financial position[23]. - The company is navigating a significant debt crisis, with multiple lawsuits and frozen bank accounts impacting its financial stability[35]. - The company has estimated debts totaling 501.27 million yuan due to ongoing legal issues and asset freezes[97]. - The company plans to pursue legal actions to recover funds and mitigate debt burdens, including a lawsuit against Tibet Tianyi Longxing Investment Co., Ltd.[98]. Market and Sales Strategy - The company’s core competitive advantages include unique regional resources and a strong brand reputation for high-quality, green beer products[31]. - The beer market in China is experiencing a shift towards premium products, with increasing competition from emerging brands, pressuring the company to adapt[29]. - The company’s sales strategy combines direct sales and distribution channels to maximize financial efficiency and market reach[28]. - The company has maintained a stable production and sales system despite external challenges, focusing on optimizing supplier relationships and production planning[27]. - The company plans to enhance brand influence and expand into markets outside Tibet, leveraging e-commerce platforms for digital channel promotion[38]. - The company is focusing on product upgrades and capacity enhancement to adapt to the accelerating trend of high-end consumption in the beer market[38]. Legal and Operational Risks - The company faced challenges in beer production and sales due to the COVID-19 pandemic, which affected market demand and consumer behavior[29]. - The company has outlined potential risks and countermeasures in the section discussing future development prospects[5]. - Legal risks are present as the company has faced multiple lawsuits since June 2018, with some accounts frozen, although this has not affected normal operations[76]. - The company is facing major uncertainties regarding its ability to continue as a going concern due to ongoing legal and financial challenges[97]. - The company is actively managing its legal risks and financial obligations through settlements and negotiations[110]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for the year[6]. - The company did not distribute cash dividends or issue bonus shares for the fiscal year 2020, and the profit distribution plan was approved by the board[86]. - The company has fulfilled its commitments related to maintaining independence in personnel, assets, finance, and operations as of the reporting period[90]. - The company has committed to avoiding any potential competition with its subsidiaries and ensuring fair market pricing for transactions[91]. - The company has a long-term commitment to not engage in any activities that would constitute competition with its own business[92]. - The company has a total of 266 employees, with 177 in production, 30 in sales, 24 in technical roles, 7 in finance, 17 in administration, and 11 in management[181]. Corporate Social Responsibility - The company actively fulfilled its social responsibilities, including investor relations management and employee welfare initiatives[144]. - The company established a public welfare foundation with an investment of 2 million RMB to support poverty alleviation projects[152]. - The company has implemented pollution control facilities with a 100% operational rate for wastewater treatment at its subsidiary, Lhasa Beer[147]. - Lhasa Beer has a wastewater treatment capacity of 2000M³/d, meeting the company's wastewater management requirements[147]. Audit and Compliance - The independent board members agree with the audit report and will continue to monitor the company's efforts to address identified risks[99]. - The current auditor is Zhongxing Caiguanghua Accounting Firm with an audit fee of 750,000 RMB, and the continuous audit service period is 2 years[105]. - There were no significant internal control deficiencies reported during the period[198]. - The company has established a performance evaluation and incentive mechanism for senior management, although no equity incentive plan was proposed during the reporting period[197].

西藏银河科技发展股份有限公司 2020 年第三季度报告全文 西藏银河科技发展股份有限公司 2020 年第三季度报告 2020 年 10 月 西藏银河科技发展股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及除以下存在异议声明的董事外的其他董事、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。 董事徐骏先生无法保证本报告内容的真实、准确、完整，理由为：时间较 为仓促，且议案涉及内容较多，无法在短时间内做出判断。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人罗希、主管会计工作负责人唐逸及会计机构负责人(会计主管人 员)陈静声明：保证季度报告中财务报表的真实、准确、完整。 1 西藏银河科技发展股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增 | | --- | --- | --- | --- | --- | | | | | | 减 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥146,411,285.13, a decrease of 1.36% compared to ¥148,424,999.21 in the same period last year[17]. - The net profit attributable to shareholders was -¥39,946,125.04, representing a decline of 4.43% from -¥38,253,253.32 year-on-year[17]. - The net cash flow from operating activities was -¥58,120,777.56, a significant decrease of 170.99% compared to ¥81,875,249.53 in the previous year[17]. - The basic earnings per share were -¥0.1514, down 4.41% from -¥0.1450 in the same period last year[17]. - Total assets at the end of the reporting period were ¥885,509,147.64, a decrease of 1.94% from ¥903,065,183.89 at the end of the previous year[17]. - The net assets attributable to shareholders were -¥4,442,057.34, a decline of 112.51% from ¥35,504,067.70 at the end of the previous year[17]. - The company reported a significant improvement in net profit excluding non-recurring items, which was -¥2,945,127.76, a 91.42% increase from -¥34,330,352.28 in the previous year[17]. - The company reported a total revenue of 45,000 million yuan for the first half of 2020, reflecting a year-on-year increase of 12%[62]. - The company reported a net loss of ¥361,485,242.13 for the period, compared to a loss of ¥321,539,117.09 in the previous period, indicating a worsening of approximately 12.4%[139]. - The total comprehensive loss for the first half of 2020 was -¥50,701,036.09, compared to -¥49,280,683.82 in the same period of 2019[151]. Legal and Regulatory Issues - The company faced risks related to continuous negative net profits, which could lead to delisting if the trend continues for three consecutive years[6]. - The company is involved in 18 economic lawsuits with a total principal amount of 1.489 billion yuan, with some cases already withdrawn or dismissed[34]. - The company has frozen bank accounts totaling 226.84 million yuan due to ongoing legal issues[31]. - The company is actively engaging with creditors to negotiate debt relief and manage financial obligations[54]. - The company is facing potential financial impact due to ongoing litigation and claims against it, which could affect its operational status[70]. - The company has been subject to court rulings that may affect its financial liabilities and obligations[69]. - The company is involved in multiple lawsuits, including a claim for 32,000 million yuan in principal and 32,007.31 million yuan in interest and penalties[69]. - The company has reported a significant legal dispute with a claim amounting to 450 million yuan, which is currently under review[67]. - The company has been included in the list of untrustworthy individuals due to a lawsuit, which may affect its reputation and business operations[75]. - The company is currently awaiting a decision from the Chongqing High People's Court regarding a retrial application related to a previous loss in court[75]. Operational Challenges - The company faces significant challenges due to the impact of COVID-19, leading to a decline in sales and profitability[26]. - The beer production volume in China decreased by 9.5% year-on-year in the first half of 2020, with a total production of 17.14 million kiloliters[33]. - The company reported a significant impairment provision of approximately CNY 254.74 million for its long-term equity investment in Suzhou Huaxin Shanda Lichuang Investment Partnership[52]. - The company faces operational risks due to the shift in consumer preferences towards high-end and diversified beer products, impacting its market position[53]. - The company is adapting to market trends by shifting towards high-end, diversified, and specialty beer products in response to consumer preferences[33]. Financial Management and Strategy - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company aims to enhance its internal management and product structure to improve its risk resistance and promote stable development[26]. - The company plans to ensure stable operations of its main beer business and take measures to resolve its debt crisis[34]. - The company is investing 1,000 million yuan in R&D for new technologies, focusing on AI and machine learning applications[62]. - The company has committed to reducing related party transactions by 30% to enhance operational independence and shareholder value[62]. - The company is actively managing its financial risks associated with litigation and debt recovery efforts[70]. Shareholder and Equity Information - The total number of common shareholders at the end of the reporting period is 24,819[118]. - The largest shareholder, Tibet Shengbang Holdings Co., Ltd., holds 33,613,192 shares, representing 12.74% of total shares[118]. - Tibet Tianyi Longxing Investment Co., Ltd. holds 28,099,562 shares, accounting for 10.65% of total shares, with shares pledged and frozen[118]. - The top ten shareholders do not have any associated relationships or concerted actions among them[119]. - The company does not have any controlling shareholders or actual controllers as of June 30, 2020[120]. Environmental and Compliance Efforts - The company’s subsidiary, Lhasa Beer, has constructed wastewater treatment facilities with a design capacity of 2000 m³/d, ensuring compliance with wastewater treatment requirements[104]. - Lhasa Beer achieved a pollution control equipment operation rate of 100%, with complete records of operation maintained[104]. - The company’s pollution discharge for COD was 2.95 tons in the first half of the year, with a total nitrogen discharge of 47.25 tons annually[103]. - Lhasa Beer has established a strict monitoring system for wastewater and air pollutants, with quarterly third-party testing and daily manual inspections during production[107]. Financial Reporting and Accounting Practices - The financial report for the half-year period has not been audited[134]. - The company’s financial statements are prepared based on the accrual basis of accounting and comply with relevant accounting standards[175]. - The company recognizes credit losses for financial assets that have experienced credit impairment as the difference between the carrying amount and the present value of estimated future cash flows[200]. - The company applies a systematic approach to assess credit losses across various financial instruments[200].