铁岭新城投资控股（集团）股份有限公司 章 程 2023 年 8 月修订 铁岭新城投资控股（集团）股份有限公司 章程 目 录 第一节 合并、分立、增资和减资 2 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 股东和股东大会 第一节 股东 第二节 股东大会的一般规定 第三节 股东大会的召集 第四节 股东大会的提案与通知 第五节 股东大会的召开 第六节 股东大会的表决和决议 第五章 董事会 第一节 董事 第二节 董事会 第三节 董事会专门委员会 第六章 总经理及其他高级管理人员 第七章 监事会 第一节 监事 第二节 监事会 第八章 党总支部 第九章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第十章 通知与公告 第一节 通知 第二节 公告 第十一章 合并、分立、增资、减资、解散和清算 第二节 解散和清算 第十二章 修改章程 第十三章 附则 铁岭新城投资控股（集团）股份有限公司 章程 第一章 总则 第一条 为维护公司、股东和债权人的合法权益,规范公司的组织和行为，根据《中华 人民共和国公司法 ...

证券代码：000809 证券简称：铁岭新城 公告编号：2023-032 铁岭新城投资控股(集团)股份有限公司 第十一届董事会第十六次会议决议公告 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。 为整合资源，推进新能源业务开展，加快公司转型步伐，提升公司盈利能力 及核心竞争力，同时改善现金流，优化债务结构，根据公司转型发展战略规划， 公司拟将持有的全资子公司铁岭财京投资有限公司23.3144%股权转让给铁岭源 盛资产管理有限公司。根据中铭国际资产评估（北京）有限责任公司对铁岭财京 投资有限公司股东全部权益在2023年6月30日市场价值的评估值25.74亿元，确定 本次股权转让价款为人民币6亿元。具体内容详见公司同日发布的《关于转让全 资子公司部分股权的公告》（公告编号：2023-033）。 按照中国证监会《上市公司重大资产重组管理办法》有关重大资产重组标准 的规定，本次子公司股权转让不构成重大资产重组。铁岭源盛资产管理有限公司 不属于公司关联方，本次子公司股权转让不构成关联交易。按照深圳证券交易所 《股票上市规则》及《公司章程》等有关规定，该议案无需提交股东大会 ...

本报告依据中国资产评估准则编制 铁岭新城投资控股(集团)股份有限公司 拟转让铁岭财京投资有限公司部分股权事宜 涉及的铁岭财京投资有限公司股东全部权益 资产评估报告 中铭评报字[2023]第 1002 号 (共五册 第一册) 中铭国际资产评估(北京)有限责任公司 Zhong Ming (Bei jing) Assets Appraisal International Co.,Ltd 二〇二三年八月十二日 中国资产评估协会 资产评估业务报告备案回执 | 报告编码: | 1111020166202301048 | | --- | --- | | 合同编号: | 中铭评合字[2023]第1002号 | | 报告类型: | 法定评估业务资产评估报告 | | 报告文号: | 中铭评报字[2023]第1002号 | | 报告名称: | 铁岭新城投资控股(集团)股份有限公司拟转让铁 岭财京投资有限公司部分股权事宜涉及的铁岭财京 | | | 投资有限公司股东全部权益 | | 评估结论: | 2,573,517,028.02元 | | 评估报告日: | 2023年08月12日 | | 评估机构名称: | 中铭国际资产评估(北京) ...

铁岭新城投资控股(集团)股份有限公司 关于转让全资子公司部分股权的公告 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。 一、交易概述 2023年8月14日，铁岭新城投资控股（集团）股份有限公司（以下简称"公 司"）作为转让方与受让方铁岭源盛资产管理有限公司签署了《关于铁岭财京投 资有限公司之股权转让协议》，将持有的全资子公司铁岭财京投资有限公司（以 下简称"铁岭财京"）23.3144%股权转让给铁岭源盛资产管理有限公司。根据 中铭国际资产评估（北京）有限责任公司对铁岭财京股东全部权益在2023年6月 30日市场价值的评估值25.74亿元，确定本次股权转让价款为人民币6亿元。本次 子公司股权转让，不影响公司对铁岭财京的控制权，不会导致公司合并报表范围 发生变更。 公司于2023年8月14日召开第十一届董事会第十六次会议，审议通过了《关 于转让全资子公司部分股权的议案》。按照深圳证券交易所《股票上市规则》及 《公司章程》等有关规定，本次子公司股权转让不构成关联交易，也无需提交股 东大会审议。按照中国证监会《上市公司重大资产重组管理办法》有关重大资产 重组标准的规定 ...

证券代码：000809 证券简称：铁岭新城 公告编号：2023-031 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。 铁岭新城投资控股(集团)股份有限公司（以下简称"公司"）于2023年8月10 日接到控股股东北京和展中达科技有限公司通知，获悉其所持有本公司的9,000 万股股份被质押，具体事项如下： 一、控股股东股份质押基本情况 单位：万股 铁岭新城投资控股(集团)股份有限公司 关于控股股东部分股份质押的公告 1 单位：万股 股东 名称 持股数量 持股 比例 本次质 押前质 押股份 数量 本次质 押后质 押股份 数量 占其所 持股份 比例 占公司 总股本 比例 已质押股份 情况 未质押股份 情况 已质押 股份限 售和冻 结数量 占已质 押股份 比例 未质押 股份限 售和冻 结数量 占 未 质 押 股 份 比例 北京 和展 中达 科技 有限 公司 20,619.78 25% 0 9,000 43.65% 10.91% 9,000 100% 0 0 三、控股股东及其一致行动人股份质押情况 | 股东 | 是否为控 股股东或 | 本次质 | 占其所 | 占公司 | ...

Financial Performance - The company's operating revenue for 2022 was ¥221,833,683.22, representing a 94.15% increase compared to ¥114,256,648.97 in 2021[18] - The net profit attributable to shareholders was -¥36,124,771.81, an improvement of 74.49% from -¥141,596,460.49 in the previous year[18] - The cash flow from operating activities increased by 107.40% to ¥121,368,498.54, up from ¥58,520,364.94 in 2021[18] - The basic earnings per share improved to -¥0.044, a 74.42% increase from -¥0.172 in 2021[18] - The net profit after deducting non-recurring gains and losses was -¥59,358,392.17, a 59.76% improvement from -¥147,506,603.58 in 2021[18] - The weighted average return on net assets was -1.25%, an improvement of 1.27% from -2.52% in the previous year[18] - The company's net assets attributable to shareholders decreased by 1.24% to ¥2,878,452,592.42 from ¥2,914,577,364.23 in 2021[18] - In Q4 2022, the company's operating revenue reached ¥199,577,009.08, marking a significant increase compared to previous quarters[22] - The net profit attributable to shareholders in Q4 2022 was ¥55,978,979.67, a turnaround from losses in the first three quarters[22] - The net cash flow from operating activities in Q4 2022 was ¥128,970,195.67, indicating strong cash generation capabilities[22] Revenue Sources - Land development revenue reached CNY 163.20 million, up 73.10% year-on-year, making it the main source of operating revenue[49] - Revenue from land development accounted for 73.57% of total revenue, amounting to ¥163,200,040.50, which is a 73.10% increase year-on-year[56] - Water supply revenue was CNY 13.76 million, an increase of 9.68% year-on-year, although it has not yet reached the breakeven point[51] - The company reported a significant increase in sewage treatment revenue, which rose by 125.16% to ¥5,100,531.80[61] Operational Challenges - The real estate sales in Tieling New District dropped by 46.6% year-on-year in 2022, with sales amounting to ¥60,303,000[29] - The company operates in a competitive real estate market, with increasing operational pressures and narrowing profit margins[28] - The company faces policy risks related to macroeconomic, land, and real estate policies, which may impact its business direction[87] - The company is implementing a diversification strategy but faces operational risks due to a lack of experience and professional talent[88] Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[5] - The company plans to achieve land transfer of 110 acres in 2023, enhancing marketing efforts to ensure targets are met[39] - The company is focusing on diversifying operations to improve revenue and mitigate debt risks[38] - The company is advancing its transformation strategy to enhance sustainable operational capabilities and improve governance standards[42] Financial Management - The company has a financing balance of CNY 976.99 million, with bank loans at an interest rate of 5.34%-9% and bonds at 7.8%-8%[36] - The total liabilities increased, with long-term borrowings rising to CNY 326,600,000.00, up from CNY 118,000,000.00, marking a 4.91% increase in proportion[74] - The cash and cash equivalents decreased by CNY 21,595,057.10, reflecting a 250.19% decline compared to the previous year[68] - The company has effectively responded to the regulatory environment by enhancing corporate governance and investor relations[54] Governance and Compliance - The company has established a strict internal control management system, ensuring compliance and asset safety, with no significant internal control deficiencies reported[132] - The internal control audit report confirmed that the company maintained effective financial reporting internal controls as of December 31, 2022[136] - The company has actively fulfilled its social responsibilities, ensuring compliance with regulations and protecting the interests of minority investors[140] - The company has implemented a robust investor relations management system, ensuring timely and accurate information disclosure to all shareholders[141] Shareholder Information - The company has a controlling shareholder, Tieling Finance Asset Management Co., Ltd., holding 34.29% of the total shares[101] - The company maintains independence from its controlling shareholder in terms of business operations, personnel, assets, and financial management[102] - The total number of common shareholders at the end of the reporting period was 17,976, an increase from 17,321 at the end of the previous month[186] - The company reported no changes in its controlling shareholder or actual controller during the reporting period[189][190] Employee Management - The company reported a total of 130 employees at the end of the reporting period, with 40 in sales and 30 in production[127] - The company has a total of 55 employees with a bachelor's degree or higher, representing approximately 42.3% of the workforce[127] - The company conducted employee training programs in 2022 to enhance execution and business capabilities[129] - The company emphasized the importance of fair and competitive salary policies based on contributions and responsibilities[128] Risk Management - The company disclosed potential risk factors that may adversely affect its future development strategies and operational goals[4] - The company is actively seeking to expand financing channels to mitigate liquidity and potential credit risks[89] - The company has successfully mitigated debt risks, with no defaults on financial obligations, by implementing effective measures to increase revenue and manage assets[53]

Financial Performance - The company's operating revenue for 2022 was ¥221,833,683.22, representing a 94.15% increase compared to ¥114,256,648.97 in 2021[17]. - The net profit attributable to shareholders was -¥36,124,771.81, an improvement of 74.49% from -¥141,596,460.49 in the previous year[17]. - The cash flow from operating activities increased by 107.40% to ¥121,368,498.54, up from ¥58,520,364.94 in 2021[17]. - The basic earnings per share improved to -¥0.044, a 74.42% increase from -¥0.172 in 2021[17]. - The revenue after deducting non-operating income was ¥180,422,797.04, compared to ¥110,624,575.27 in 2021[17]. - In Q4 2022, the company's operating revenue reached CNY 199,577,009.08, showing a significant increase compared to previous quarters[21]. - The net profit attributable to shareholders in Q4 2022 was CNY 55,978,979.67, a turnaround from losses in the first three quarters[21]. - The net cash flow from operating activities in Q4 2022 was CNY 128,970,195.67, indicating strong cash generation capabilities[21]. - The company's non-recurring gains and losses totaled CNY 23,233,620.36 in 2022, a substantial increase from CNY 5,910,143.09 in 2021[22]. - The total operating costs for 2022 were ¥141,664,018.00, with a gross margin of 36.14%, reflecting a 7.27% increase compared to the previous year[58]. Assets and Liabilities - Total assets at the end of 2022 were ¥4,305,018,487.24, a decrease of 2.31% from ¥4,406,677,687.27 at the end of 2021[17]. - The company's net assets attributable to shareholders decreased by 1.24% to ¥2,878,452,592.42 from ¥2,914,577,364.23 in 2021[17]. - The company has a financing balance of 976.99 million yuan, with bank loans accounting for 406.99 million yuan and bonds for 570 million yuan[35]. - The total liabilities increased significantly, with long-term borrowings rising to CNY 326,600,000.00, up from CNY 118,000,000.00[75]. - The cash and cash equivalents decreased by 250.19%, resulting in a net decrease of CNY 21,595,057.10[69]. Revenue Sources - Land development revenue was 163.20 million yuan, up 73.10% compared to the previous year, making it the main source of operating income[48]. - Water supply revenue reached 13.76 million yuan, reflecting a 9.68% increase year-on-year, although it has not yet reached the breakeven point[50]. - Revenue from land development accounted for 73.57% of total revenue, amounting to ¥163,200,040.50, which is a 73.10% increase year-over-year[55]. - The company signed contracts for wind turbine tower sales worth approximately 629 million yuan, with expected revenue of 19.5 million yuan in 2023[40]. Market and Operational Environment - The real estate market in Tieling New District saw a 46.6% decline in sales revenue in 2022, amounting to CNY 60,303,000[28]. - The average price of residential properties in the new district remained stable at approximately CNY 4,300 per square meter despite market challenges[29]. - The overall real estate policy environment in 2022 was supportive, with multiple favorable policies introduced to stimulate demand and support enterprises[26]. - The company is primarily engaged in land development and urban infrastructure operations in Tieling, focusing on the first-level land development business[30]. - The company anticipates a continued weak balance in the land development industry due to ongoing policy optimization and persistent demand for improved housing[86]. Corporate Governance and Management - The company aims to improve governance and operational standards to enhance the quality of the listed company[42]. - The company has established a robust governance structure, ensuring compliance with relevant laws and regulations[94]. - The company has committed to maintaining investor relations by ensuring timely and accurate information disclosure to protect shareholders' rights[141]. - The company has implemented a comprehensive employee welfare and performance evaluation system, enhancing employee engagement and stability[143]. - The company has established a standardized corporate governance structure, ensuring clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[143]. Strategic Initiatives and Future Plans - The company plans not to distribute cash dividends or issue bonus shares for the year[5]. - The company is focusing on diversifying its operations to mitigate risks and increase new revenue streams[51]. - The company plans to sell 110 mu of land in 2023, enhancing marketing efforts to achieve land transfer goals[38]. - In 2023, three new residential projects with a total construction area of 180,000 square meters are set to commence in the new district[29]. - The company is planning to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[113]. Risks and Challenges - The company has disclosed potential risk factors that may adversely affect its future development strategies and operational goals[4]. - The company faces policy risks related to macroeconomic, land, and real estate policies, which may impact its business direction[88]. - The company is experiencing financial risks due to limited financing channels and high costs, with major revenues concentrated in the second half of the year[90]. - The company is implementing a diversification strategy but faces operational risks due to a lack of relevant experience and professional talent[89]. Employee and Shareholder Information - The company employed a total of 130 staff members at the end of the reporting period, with 40 in sales and 30 in production[127]. - The educational background of employees shows that 55 have a bachelor's degree or higher, representing approximately 42.3% of the total workforce[127]. - The annual shareholders meeting had a participation rate of 34.31% on May 20, 2022[104]. - The company has a controlling shareholder, Tieling Finance Asset Management Co., Ltd., holding 34.29% of the total shares[102]. Compliance and Reporting - The internal control system was established and maintained effectively, with no significant internal control deficiencies identified[132]. - The company strictly adhered to regulations in convening shareholder meetings, ensuring maximum protection of minority investors' interests[140]. - There were no significant legal disputes or penalties reported during the reporting period, indicating a stable operational environment[158][159]. - The company has not encountered any major defects in financial or non-financial reporting during the reporting period[135].

Financial Performance - The company's operating revenue for Q1 2023 was ¥5,981,664.67, representing an increase of 48.99% compared to ¥4,014,794.07 in the same period last year[5]. - The net loss attributable to shareholders was ¥30,431,746.85, a decrease of 6.07% from a loss of ¥32,397,801.82 in the previous year[5]. - The net cash flow from operating activities improved by 13.37%, amounting to -¥11,393,333.27 compared to -¥13,151,122.73 in the same period last year[5]. - The weighted average return on equity improved to -1.06%, up by 1.45% from -2.52% in the previous year[5]. - The company reported a basic and diluted earnings per share of -¥0.037, an improvement of 5.13% from -¥0.039 in the same period last year[5]. - Total operating revenue for Q1 2023 was CNY 5,981,664.67, compared to CNY 4,014,794.07 in the same period last year, indicating a significant increase[15]. - The net loss for Q1 2023 was CNY -30,431,746.85, an improvement from a net loss of CNY -32,397,801.82 in Q1 2022[16]. - Basic and diluted earnings per share for Q1 2023 were both CNY -0.037, compared to CNY -0.039 in the previous year[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,261,453,925.84, a decrease of 1.01% from ¥4,305,018,487.24 at the end of the previous year[5]. - Total liabilities as of Q1 2023 amounted to CNY 1,413,433,080.27, a decrease from CNY 1,426,565,894.82 at the end of the previous period[13]. - The total equity attributable to shareholders was ¥2,848,020,845.57, a decrease of 1.06% from ¥2,878,452,592.42 at the end of the previous year[5]. - The company’s total assets were CNY 4,261,453,925.84, compared to CNY 4,305,018,487.24 in the previous period[13]. Cash Flow - Cash received from sales of goods and services in Q1 2023 was CNY 4,899,339.48, down from CNY 9,785,991.97 in Q1 2022[18]. - The company reported a total cash flow from operating activities of CNY 4,899,339.48 in Q1 2023[18]. - The net cash flow from operating activities for Q1 2023 was -11,393,333.27, compared to -13,151,122.73 in Q1 2022, indicating a slight improvement[19]. - Cash outflow from operating activities totaled 22,951,419.97, compared to 27,774,912.50 in the same period last year[19]. - Cash inflow from operating activities was 11,558,086.70, down from 14,623,789.77 in Q1 2022[19]. - The total cash and cash equivalents at the end of Q1 2023 were 2,486,210.62, significantly down from 960,211.37 in Q1 2022[20]. - The net increase in cash and cash equivalents for Q1 2023 was -43,524,276.61, compared to -66,645,332.96 in Q1 2022[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,321[9]. - The largest shareholder, Tieling Financial Assets Management Co., Ltd., holds 34.29% of the shares, amounting to 282,857,500 shares[9]. Financial Activities - The company recorded non-recurring gains of ¥418,594.50 during the reporting period[6]. - Total cash inflow from financing activities was 39,900,000.00, down from 59,990,000.00 in the previous year[20]. - The net cash flow from financing activities was -32,049,143.34, compared to -52,730,310.23 in Q1 2022, showing a reduction in cash outflow[20]. - The company paid 41,340,000.00 in debt repayments during Q1 2023, compared to 79,000,000.00 in Q1 2022[20]. - The cash received from borrowing in Q1 2023 was 39,900,000.00, a decrease from 59,990,000.00 in the previous year[20]. - The total cash outflow for investment activities was 81,800.00, compared to 763,900.00 in Q1 2022[19]. - The company’s financial expenses for Q1 2023 were CNY 17,761,208.62, down from CNY 20,158,083.21 in the same period last year[15].

Financial Performance - The company's operating revenue for Q3 2022 was ¥12,544,312.73, representing a 190.91% increase year-over-year[5] - Total operating revenue for Q3 2022 reached ¥22,256,674.14, a significant increase of 55.3% compared to ¥14,340,695.30 in the same period last year[19] - The net profit attributable to shareholders was -¥33,332,388.73, a decrease of 50.34% compared to the same period last year[5] - The net loss attributable to shareholders for Q3 2022 was ¥92,103,751.48, compared to a loss of ¥75,958,364.37 in Q3 2021, reflecting a deterioration in profitability[20] - Basic and diluted earnings per share for Q3 2022 were both -0.112 CNY, compared to -0.092 CNY in Q3 2021[21] Operating Costs and Expenses - The company reported a significant increase in operating costs, which reached ¥18,925,054.33, a 337.47% increase year-over-year due to the transfer of land costs[10] - Total operating costs amounted to ¥116,469,081.92, up 22.2% from ¥95,289,087.05 year-on-year[19] - The company reported a financial expense of ¥62,948,113.52, which is higher than the previous year's ¥57,188,762.28[19] - The company recorded a credit impairment loss of ¥1,505,227.17, compared to a loss of ¥752,613.59 in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,319,858,325.29, a decrease of 1.97% from the end of the previous year[5] - Non-current assets totaled ¥203,693,060.02, a decrease from ¥212,698,498.67 at the end of the previous quarter[17] - Total liabilities increased slightly to ¥1,497,384,712.54 from ¥1,492,100,323.04[17] - The company's equity attributable to shareholders decreased to ¥2,822,473,612.75 from ¥2,914,577,364.23[17] - Short-term borrowings rose to ¥378,899,729.77 from ¥348,736,775.00, indicating increased leverage[17] Cash Flow - The cash flow from operating activities showed a net outflow of -¥7,601,697.13, a 70.46% increase in outflow compared to the previous year[5] - Cash inflow from operating activities for Q3 2022 was 39,202,452.41 CNY, an increase from 30,717,556.03 CNY in the previous year[22] - Cash outflow from operating activities totaled 46,804,149.54 CNY, down from 56,451,274.86 CNY in Q3 2021[22] - Net cash flow from operating activities was -7,601,697.13 CNY, an improvement from -25,733,718.83 CNY in the same quarter last year[22] - Cash inflow from financing activities was 105,290,000.00 CNY, compared to 99,200,000.00 CNY in Q3 2021[22] - Cash outflow from financing activities totaled 163,031,988.57 CNY, down from 178,496,235.42 CNY in the previous year[22] - Net cash flow from financing activities was -57,741,988.57 CNY, an improvement from -79,296,235.42 CNY in Q3 2021[22] - The ending balance of cash and cash equivalents was 1,490,864.03 CNY, significantly down from 17,476,600.01 CNY in the same period last year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,062[12] - The company's total equity attributable to shareholders was ¥2,822,473,612.75, down 3.16% from the previous year-end[5] Government Support - The company received government subsidies amounting to ¥1,698,699.30 during the reporting period[7] Audit Status - The third quarter report was not audited[22]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥9,712,361.41, representing a decrease of 3.15% compared to ¥10,028,603.44 in the same period last year[19]. - The net profit attributable to shareholders was a loss of ¥58,771,362.75, which is a 9.27% increase in loss compared to a loss of ¥53,786,611.78 in the previous year[19]. - The basic earnings per share were reported at -¥0.071, a decline of 9.23% from -¥0.065 in the previous year[19]. - The weighted average return on net assets was -2.04%, compared to -0.96% in the same period last year, indicating a worsening performance[19]. - The total operating revenue for the reporting period was CNY 9,712,361.41, a decrease of 3.15% compared to CNY 10,028,603.44 in the same period last year[42]. - The company's net profit for the first half of 2022 was -1,566,202.09, compared to -1,689,881.92 in the same period of 2021, showing an improvement of approximately 7.3%[142]. - The total comprehensive income for the first half of 2022 was -1,566,202.09, slightly better than -1,689,881.92 in the first half of 2021, indicating a year-over-year improvement of about 7.3%[143]. - The net profit after deducting non-recurring gains and losses was -60.69 million, a decline of 2.65% year-on-year[124]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥15,850,211.21, a 58.79% reduction from the outflow of ¥38,465,376.23 in the same period last year[19]. - The company's cash flow from operating activities improved by 58.79%, with a net cash flow of CNY -15,850,211.21 compared to CNY -38,465,376.23 in the previous year[42]. - The total cash and cash equivalents at the end of the first half of 2022 were 875,426.62, down from 9,361,121.36 at the end of the first half of 2021, reflecting a decrease of approximately 90.6%[145]. - The cash interest coverage ratio improved to 0.62, an increase of 588.89% compared to the previous year[124]. - The cash flow from operating activities showed improvement compared to the same period last year[170]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,339,765,041.68, down 1.52% from ¥4,406,677,687.27 at the end of the previous year[19]. - The total liabilities decreased slightly to approximately 1.48 billion from 1.49 billion at the beginning of the year[131]. - The company's equity attributable to shareholders decreased to approximately 2.86 billion from 2.91 billion at the beginning of the year[131]. - The company's total assets at the end of the reporting period were 10,440 million yuan[155]. - The total assets of the company at the end of the reporting period were 2.8 billion yuan, showing a stable growth trend[151]. Business Operations and Strategy - The company is engaged in land development and urban infrastructure construction in a 22 square kilometer area in Tieling, with land development as its main business[27]. - The company aims to increase land sales and enhance urban operation revenue, targeting the introduction of third industries such as cultural tourism and education[33]. - The company plans to strictly control debt risks and expand financing channels to ensure stable operations[34]. - The company plans to optimize its business direction in response to macroeconomic and real estate policies, particularly under the "housing is for living, not for speculation" principle[60]. - The company plans to focus on improving operational efficiency and exploring new market opportunities to enhance revenue streams in the future[46]. Shareholder and Equity Information - The company did not distribute cash dividends or issue new shares from capital reserves during the reporting period[67]. - The total number of shares remained at 824,791,293, with no changes in the shareholding structure[105]. - The largest shareholder, Tieling Finance Asset Management Co., Ltd., holds 34.29% of the shares, totaling 282,857,500 shares[108]. - The total number of common shareholders at the end of the reporting period is 20,159[107]. - The company has a total of 10 major shareholders, with no significant changes in their holdings[109]. Financial Risks and Challenges - The company faces market risks due to oversupply in the real estate market of the fourth-tier city where it operates[61]. - Financial risks are present due to limited financing channels and high financing costs, prompting the company to seek to broaden financing sources[62]. - The company has ongoing asset pledges related to loans, with a total project development cost of CNY 825,310,854.82 pledged as collateral[51]. - The company has a strong competitive edge as the sole land developer in Tieling's new urban area, holding exclusive rights for water supply, sewage treatment, taxi operations, and advertising[38]. Governance and Compliance - The company emphasizes social responsibility and investor relations management, ensuring timely and accurate information disclosure to protect shareholder interests[72][73]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the accuracy and completeness of its financial reporting[172]. - The financial statements are prepared based on the assumption of going concern, indicating the company's ability to continue operations for at least 12 months from the reporting date[169]. Future Outlook - Future guidance suggests a projected revenue growth of 5% for the next fiscal year, driven by new product launches and market expansion strategies[150]. - The company plans to continue expanding its market presence and invest in new product development in the upcoming quarters[154]. - The company is focusing on new product development and technological advancements to enhance its competitive edge in the market[159].