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].

铁岭新城投资控股(集团)股份有限公司 2022 年第一季度报告全文 证券代码：000809 证券简称：铁岭新城 公告编号：2022-024 铁岭新城投资控股(集团)股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 其他符合非经常性损益定义的损益项目的具体情况： □ 适用 √ 不适用 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） | 4,014,794.07 | 4,965,766.19 | -19.15% | ...

Financial Performance - The company's operating revenue for 2021 was approximately ¥114.26 million, a decrease of 32.92% compared to ¥188.28 million in 2020[19]. - The net loss attributable to shareholders was approximately ¥141.60 million, representing a decline of 135.13% from a loss of ¥60.22 million in the previous year[19]. - The basic and diluted earnings per share were both -¥0.172, a decrease of 135.62% compared to -¥0.073 in 2020[19]. - The weighted average return on equity was -4.74%, down from -1.95% in 2020[19]. - The company's total assets at the end of 2021 were approximately ¥58.52 million, a decrease of 70.49% from ¥198.33 million at the end of 2020[19]. - Total assets decreased by 3.50% to CNY 4,566,716,055 in 2021 from CNY 4,406,677,687 in 2020[20]. - In 2021, the company's total revenue was approximately ¥114.26 million, a decrease of 32.92% compared to ¥170.33 million in 2020[48]. - The company reported a net loss of ¥141,596,460.49 in 2021, compared to a loss of ¥60,220,455.20 in 2020, marking a continuous loss for three consecutive years[145]. Revenue Breakdown - Operating revenue for 2021 was CNY 114,256,648.97, down from CNY 170,326,623.48 in 2020, reflecting a significant decline[21]. - Revenue from land development increased by 44.01% to ¥94.28 million, accounting for 82.52% of total revenue[48]. - Water supply revenue rose by 45.34% to ¥12.55 million, representing 10.98% of total revenue[48]. - Wastewater treatment revenue decreased by 56.55% to ¥2.34 million, contributing 2.05% to total revenue[48]. Operational Changes - The company has not changed its main business since its restructuring and listing in 2011[18]. - The company operates primarily in land development and urban infrastructure, with land development being its main business focus[31]. - The company has implemented changes in its water supply and sewage treatment business models, including a shift to a distribution plant and entrusted operation for sewage treatment[33]. - The company has developed and organized 18.3 square kilometers of land, with a total planned investment of CNY 730.83 million in the land development project[34]. Cash Flow and Financial Management - The company reported a net cash flow from operating activities of CNY 84,254,083.77 in Q4 2021, indicating a recovery in cash generation[25]. - Operating cash inflow decreased by 62.47% to ¥138,815,025.13 compared to the previous year[62]. - Operating cash outflow decreased by 53.19% to ¥80,294,660.19 compared to the previous year[62]. - The net cash flow from operating activities dropped by 70.49% to ¥58,520,364.94 compared to the previous year[62]. - Cash and cash equivalents decreased by 110.55% to -¥6,166,628.78 compared to the previous year[62]. Governance and Compliance - The company has established a sound corporate governance structure, ensuring clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[136]. - The company emphasizes the importance of transparent information disclosure, ensuring all shareholders can access information fairly[92]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance[95]. - The company has a robust governance structure that aligns with the regulations set by the China Securities Regulatory Commission[93]. - The company held one shareholders' meeting during the reporting period, ensuring compliance with legal requirements and protecting minority shareholders' rights[90]. Risk Factors and Future Outlook - The company has disclosed potential risk factors that may adversely affect its future development strategies and operational goals[5]. - The company recognizes potential risks from macroeconomic policies and market supply-demand imbalances in the real estate sector[85][86]. - The real estate market in Tieling is expected to maintain stable development in 2022 due to the relaxation of regulatory policies[30]. - The company expects the real estate market demand in the new urban area to gradually recover as macro-control policies loosen and the pandemic is effectively controlled[32]. Employee and Management Structure - The total number of employees at the end of the reporting period is 148, with 10 from the parent company and 138 from major subsidiaries[118]. - The company has established a salary policy that emphasizes fairness, competitiveness, and legality, determining salary standards based on contribution, ability, and responsibility[119]. - The company has been expanding its management team with experienced professionals from various sectors[106]. - The company’s management team has a diverse educational background, including degrees in economics and management[102]. Subsidiaries and Investments - The company established a new subsidiary, Tieling Xincheng New Energy Co., Ltd., which is in the preparatory stage and has no impact on overall operations and performance[75]. - The company included six subsidiaries in its consolidated financial statements for the year, with the establishment of a new subsidiary, Tieling Xincheng New Energy Co., Ltd., on August 26, 2021[161]. Audit and Financial Reporting - The company has engaged Zhongxinghua Accounting Firm for auditing, which issued an unqualified opinion with a paragraph on going concern uncertainty[5]. - The audit report issued by Zhongxinghua CPA included a paragraph on significant uncertainties related to the company's ability to continue as a going concern[145]. - The internal control audit report was issued with a standard unqualified opinion, consistent with the self-evaluation report[129].

Financial Performance - The company's operating revenue for 2020 was ¥170,326,623.48, a decrease of 7.5% compared to ¥184,134,893.80 in 2019[17] - The net profit attributable to shareholders for 2020 was -¥60,220,455.20, an improvement of 29.33% from -¥85,207,808.38 in 2019[17] - The net cash flow from operating activities decreased by 23.47% to ¥198,332,199.93 in 2020 from ¥259,143,937.20 in 2019[17] - Total assets at the end of 2020 were ¥4,566,716,055.41, down 19.01% from ¥5,638,870,557.66 at the end of 2019[17] - The basic earnings per share for 2020 was -¥0.073, an improvement of 29.33% from -¥0.103 in 2019[17] - The weighted average return on equity was -1.95% in 2020, compared to -1.44% in 2019[17] - The net profit after deducting non-recurring gains and losses was -¥70,172,435.90 in 2020, a decrease of 25.10% from -¥93,682,918.84 in 2019[17] - The company's net assets attributable to shareholders at the end of 2020 were ¥3,056,173,824.72, a decrease of 1.93% from ¥3,116,394,279.92 at the end of 2019[17] Revenue and Sales - In Q4 2020, the company reported a revenue of CNY 152,865,522.38, with a total annual revenue of CNY 170,316,623.48[22] - The net profit attributable to shareholders in Q4 2020 was CNY 8,598,200.09, marking a significant recovery from previous quarters[22] - The company achieved a 10.1% increase in sales area of commercial housing in 2020, totaling 231,532 square meters compared to 2019[34] - The sales revenue for commercial housing in 2020 was CNY 123,342,000, reflecting a 13.5% growth year-on-year[34] - The primary business segment of land development generated CNY 65,467,147.50, accounting for 38.44% of total revenue, with a year-on-year increase of 16.04%[55] - The revenue from the wetland management segment was CNY 80,891,135.13, representing 47.49% of total revenue, with a decrease of 11.43% compared to the previous year[55] Debt and Financing - The company successfully issued "20铁岭01" bonds to replace maturing debt, effectively mitigating debt risks[35] - The company reported a significant decrease in debt levels and asset-liability ratio following the completion of the Lotus Wetland restoration project[35] - The company has reduced its interest-bearing debt to CNY 1.098 billion, with a significant decrease in the debt-to-asset ratio[50] - The company reported a significant increase in financing activities, with cash inflow rising by 103.94% to 1,723,980,000.00 yuan[69] - The controlling shareholder pledged 50,000,000 shares as collateral for a loan of RMB 46 million, with a pledge period of one year[81] Operational Strategy - The company plans to expand its trade business scale to enhance revenue streams in the future[35] - The company aims to diversify its operations and seek external partnerships to drive regional industrial development[51] - The company plans to enhance operating income by increasing land transfer efforts and expanding into third industries such as cultural tourism and education[48] - The company aims to improve operational management and increase revenue through enhanced land sales and urban service operations[94] Corporate Governance - The company has established a standardized corporate governance structure, ensuring clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[141] - The company has a total of 824,791,293 shares, with 100% being unrestricted shares[152] - The company has 25,553 shareholders at the end of the reporting period, a decrease from 29,070 in the previous month[154] - The company emphasizes its commitment to governance and transparency, as evidenced by the lack of shareholding changes among executives[166] - The board of directors convened 5 meetings, with independent directors leading most committees, ensuring effective governance and decision-making[188] Social Responsibility - The company has actively fulfilled its social responsibilities, focusing on integrity in operations and compliance with tax obligations[140] - The company donated 50,000 RMB to support infrastructure development in Ada Village as part of its poverty alleviation efforts[144] - The company promotes green office practices and resource conservation as part of its social responsibility initiatives[143] Risks and Challenges - The company has reported risks that may adversely affect its future development strategies and operational goals[4] - The company faces policy risks due to macroeconomic and real estate regulations that may impact its business direction[98] - The company is exposed to market risks in a four-tier city where supply may exceed demand in the real estate market[99] - The company is actively working to expand financing channels to mitigate financial risks associated with high financing costs[100] Employee Management - The company employed a total of 157 staff, with 10 in the parent company and 147 in major subsidiaries[182] - The professional composition of employees includes 49 production personnel, 31 sales personnel, 28 technical personnel, 12 financial personnel, and 37 administrative personnel[182] - The remuneration policy emphasizes fairness, competitiveness, and legality, with salaries determined based on contribution, ability, and responsibility[183] - A training plan was established for 2020 to enhance employee capabilities and overall quality through organized training activities[184] Legal and Compliance - The company has ongoing litigation involving Shenzhen Huatai Industrial Co., with a claimed amount of 5.2945 million yuan, which has not formed an estimated liability[118] - The company has also filed a lawsuit against Tianli (Liaoning) Real Estate Co. for overdue rental fees amounting to 530,000 yuan, with no progress reported during the reporting period[118] - The company reported no penalties or rectifications during the reporting period[119] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[109]

铁岭新城投资控股(集团)股份有限公司 2021 年第三季度报告 证券代码：000809 证券简称：铁岭新城 公告编号：2021-039 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 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗 漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 铁岭新城投资控股(集团)股份有限公司 □ 是 √ 否 2021 年第三季度报告 | | 本报告期 | 本报告期比上年 同期增减 | 年初至报告期末 | 年初至报告期末 比上年同期增减 | | --- | --- | --- | --- | --- | | 营业收入（元） | 4,312,091.86 | -19.53% | 14,340,695.30 | -17.87% | ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥10,028,603.44, a decrease of 17.14% compared to ¥12,102,515.51 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was a loss of ¥53,786,611.78, worsening by 13.14% from a loss of ¥47,539,200.51 in the previous year[19]. - The net cash flow from operating activities was negative at ¥38,465,376.23, a decline of 156.99% compared to a positive cash flow of ¥67,495,585.83 in the same period last year[19]. - The basic and diluted earnings per share were both reported at -¥0.065, a decrease of 12.07% from -¥0.058 in the same period last year[19]. - The company reported a net loss of 48.31 million yuan for the period, primarily due to the lack of land sales from its subsidiary, Tieling Caijing Investment Co., Ltd.[56]. - The company reported a significant increase in employee compensation payable, rising to ¥3,431,722.24 from ¥1,179,200.00, an increase of approximately 191.0%[124]. - The company reported a total comprehensive income of -1,689,881.92 yuan for the first half of 2021, compared to -1,861,401.83 yuan in the same period of 2020[140]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,519,296,188.02, a decrease of 1.04% from ¥4,566,716,055.41 at the end of the previous year[19]. - The total liabilities stood at ¥1,516,908,975.08, a slight increase from ¥1,510,542,230.69, reflecting an increase of about 0.4%[124]. - Current liabilities decreased significantly to ¥767,705,645.23 from ¥1,080,912,861.81, a reduction of approximately 29.0%[124]. - Non-current liabilities increased to ¥749,203,329.85 from ¥429,629,368.88, indicating a rise of about 74.5%[124]. - The company's equity attributable to shareholders decreased to ¥3,002,387,212.94 from ¥3,056,173,824.72, a decline of approximately 1.8%[125]. - The current ratio increased to 551.13% from 395.01%, a rise of 156.12% compared to the end of the previous year[117]. - The asset-liability ratio slightly increased to 33.57% from 33.08%, an increase of 0.49%[117]. Cash Flow - The company reported a net decrease in cash and cash equivalents of CNY -64,411,051.75, a decline of 289.20% from CNY 34,043,857.81 year-on-year[39]. - The total cash inflow from financing activities was 64,200,000.00 yuan, while cash outflow was 88,939,656.67 yuan, resulting in a net cash flow of -24,739,656.67 yuan[141]. - The total cash and cash equivalents at the end of the first half of 2021 were 9,361,121.36 yuan, down from 49,347,232.52 yuan at the end of the first half of 2020[141]. - The cash flow from investment activities was -1,206,018.85 yuan in the first half of 2021, compared to -97,696.00 yuan in the first half of 2020[140]. Business Operations - The company is primarily engaged in land development and urban infrastructure construction in the Tieling Fanhe New District, covering an area of 22 square kilometers[27]. - The company aims to increase operating income by enhancing land transfer efforts and expanding into third industries such as cultural tourism and education[32]. - The company is focused on risk mitigation and improving operations to enhance its main business revenue[31]. - The company has a strong industry barrier as the only primary land developer in Tieling New District, covering an area of 22 square kilometers[37]. - The company has developed and organized 18.3 square kilometers of land, achieving "nine connections and one leveling," making it ready for transfer[36]. Corporate Governance and Compliance - The company has established a sound corporate governance structure with clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and general manager[70]. - The company emphasizes refined management to improve the quality of the listed company and ensure compliance with regulations[36]. - The company has adhered to environmental regulations and has not faced any penalties related to environmental issues during the reporting period[67]. - The company emphasizes its commitment to social responsibility and investor relations management, ensuring timely and accurate information disclosure[68]. - There were no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[80]. 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, and plans to adjust its business strategy accordingly[58]. - The company is experiencing financial risks due to high financing costs and limited financing channels, and aims to broaden its financing sources[59]. - The company has disclosed potential risk factors that may adversely affect its future development strategies and operational goals[5]. Future Outlook and Strategy - The company plans to implement diversified sustainable development models to improve management levels and corporate governance[31]. - The company is actively seeking external partnerships to drive industrial development in the Tieling area[35]. - The company has not provided specific future guidance or outlook for the upcoming periods[146]. Accounting and Financial Reporting - The financial statements are prepared based on the accrual basis of accounting, in accordance with the relevant accounting standards[165]. - The company adheres to the accounting standards, ensuring that the financial statements accurately reflect the financial position as of June 30, 2021, and the operating results for the first half of 2021[168]. - The financial statements comply with the disclosure requirements set by the China Securities Regulatory Commission[168].

Financial Performance - The company's operating revenue for Q1 2021 was ¥4,965,766.19, representing a 60.30% increase compared to ¥3,097,851.47 in the same period last year[8] - The net profit attributable to shareholders was -¥29,298,292.86, a slight decrease of 0.65% from -¥29,109,675.76 year-on-year[8] - The basic earnings per share for the period was -¥0.036, a decrease of 0.65% from -¥0.035 in the same period last year[8] - The net profit for Q1 2021 was a loss of CNY 29,298,292.86, compared to a loss of CNY 29,109,675.76 in Q1 2020, reflecting a slight increase in losses[37] - The company incurred a net loss of 828,598.19, an improvement from a net loss of 1,172,291.78 in the prior period, indicating a reduction of about 29%[41] Cash Flow - The net cash flow from operating activities was -¥43,319,060.29, a significant decline of 516.49% compared to ¥10,401,103.41 in the previous year[8] - Cash received from operations decreased significantly, with sales of goods and services dropping by 81.03% from CNY 48,794,693.51 to CNY 9,258,639.68[15] - The company reported cash inflow from operating activities of 10,721,583.56, down from 50,795,082.40 in the previous period[43] - The net cash flow from financing activities was -24,640,000.00, indicating a cash outflow due to debt repayment and dividend distribution[48] - The total cash and cash equivalents at the end of the period amounted to 307,782.33, a decrease from the beginning balance of 408,694.44[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,523,543,387.96, down 0.95% from ¥4,566,716,055.41 at the end of the previous year[8] - The total assets decreased from CNY 4,566,716,055.41 to CNY 4,523,543,387.96, showing a slight decline in overall asset value[28] - Total liabilities decreased from CNY 1,510,542,230.69 to CNY 1,496,667,856.10, indicating a reduction in the company's obligations[29] - The total liabilities as of March 31, 2021, were CNY 580,687,738.98, down from CNY 594,747,329.98 at the end of 2020[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,070[11] - The largest shareholder, Tieling Financial Assets Management Co., Ltd., held 34.29% of the shares, amounting to 282,857,500 shares[11] - The net assets attributable to shareholders decreased by 0.96% to ¥3,026,875,531.86 from ¥3,056,173,824.72 at the end of the previous year[8] - The total equity attributable to shareholders of the parent company was CNY 3,018,160,692.24, slightly down from CNY 3,018,989,290.43 at the end of 2020[33] Operational Costs - Total operating costs for Q1 2021 were CNY 34,688,637.10, up from CNY 32,792,353.01 in the previous year, indicating an increase of about 5.8%[36] - Cash paid for purchasing goods and services increased by 55.11% from CNY 28,295,787.45 to CNY 43,889,913.35, indicating higher procurement costs[15] - Management expenses decreased to 839,568.39 from 1,182,707.67 in the previous period, reflecting a reduction of approximately 29%[39] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥424,578.05, primarily from government subsidies and other income[9] - The company reported financial expenses of CNY 20,720,996.43, an increase from CNY 19,289,761.36 in the previous year[36] - The company raised 59,000,000.00 in financing activities, a significant decrease from 795,000,000.00 in the previous period[45] - The company did not adjust the beginning balance sheet items due to short-term leasing arrangements, opting for simplified treatment[50] - The first quarter report for 2021 was not audited, which may affect the reliability of the financial data presented[51]