证券代码：000965 证券简称：天保基建 公告编号：2023-25 天津天保基建股份有限公司 关于举行 2022 年度暨 2023 年第一季度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 天津天保基建股份有限公司（以下简称"公司"）已于2023年3 月31日在巨潮资讯网（www.cninfo.com.cn)披露了公司《2022年年 度报告》，并于2023年4月27日披露了《2023年第一季度报告》。为 便于广大投资者更深入全面地了解公司情况，公司定于2023年6月6 日（周二）下午15:00-16:00举行2022年度暨2023年第一季度业绩说 明会。本次业绩说明会将采用网络互动的方式举行，投资者可登陆 中证路演中心（https://www.cs.com.cn/roadshow）参与本次业绩 说明会。 出席本次业绩说明会的有：公司董事长、总经理侯海兴先生， 独立董事张昆先生，副总经理、财务总监梁德强先生。具体以当天 参会人员为准。 为充分尊重投资者、提升交流的针对性，现就本次业绩说明会 提前向投资者公开征集问题，广泛听取投资者的意见和建议 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥266,409,927.08, a decrease of 46.24% compared to ¥495,568,207.55 in the same period last year[3] - The net profit attributable to shareholders was ¥22,011,702.72, down 31.64% from ¥32,200,068.51 year-on-year[3] - The company's basic earnings per share decreased by 31.72% to ¥0.0198 from ¥0.0290 in the same period last year[3] - Total operating revenue for Q1 2023 was CNY 266,409,927.08, a decrease of 46.2% compared to CNY 495,568,207.55 in Q1 2022[21] - Net profit for Q1 2023 was CNY 22,393,318.75, representing a decline of 30.8% from CNY 32,330,506.66 in Q1 2022[22] - Total equity increased to CNY 6,592,605,820.45 in Q1 2023, compared to CNY 5,458,212,501.70 in Q1 2022[21] - The company reported a significant reduction in financial expenses, totaling CNY 38,685,467.80 in Q1 2023, down from CNY 43,922,890.89 in Q1 2022[21] Cash Flow - The net cash flow from operating activities was -¥1,436,090,642.46, a significant decline of 632.96% compared to ¥269,456,061.74 in the previous year[6] - The total cash inflow from operating activities was CNY 730,413,218.06, an increase from CNY 610,684,375.53 in the previous period, representing a growth of approximately 19.7%[23] - The cash outflow from operating activities significantly increased to CNY 2,166,503,860.52 from CNY 341,228,313.79, resulting in a net cash flow from operating activities of -CNY 1,436,090,642.46, compared to CNY 269,456,061.74 in the previous period[23] - The cash inflow from financing activities totaled CNY 1,804,398,528.14, up from CNY 929,066,671.00, indicating a growth of approximately 94%[24] - The net cash flow from financing activities was CNY 1,197,192,955.60, a significant increase from CNY 125,793,577.17 in the previous period[24] - The cash and cash equivalents at the end of the period were CNY 451,741,411.54, compared to CNY 333,847,155.29 at the end of the previous period, reflecting an increase of approximately 35.3%[24] - The company incurred cash payments of CNY 565,007,669.60 for debt repayment, down from CNY 758,600,492.40 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥13,665,505,939.95, reflecting an increase of 6.61% from ¥12,818,217,319.25 at the end of the previous year[3] - The total liabilities increased, with contract liabilities rising by 34.11% to ¥1,449,940,983.63, attributed to received housing sale payments[5] - The company’s total liabilities decreased from RMB 10.5 billion to RMB 10.1 billion, indicating a reduction of about 3.8%[18] - Total liabilities as of Q1 2023 amounted to CNY 7,072,900,119.50, a decrease from CNY 7,360,004,817.55 in the previous year[21] - Current liabilities decreased, with short-term borrowings falling to RMB 897.99 million from RMB 1.0205 billion, a reduction of approximately 12%[18] Investments and Capital Changes - The company's investment income showed a drastic decline of 912.08%, resulting in a loss of ¥6,594,948.75 compared to a profit of ¥812,103.88 in the previous year[5] - The company and its controlling shareholder Tianjin Tianbao Holdings Co., Ltd. jointly increased the capital of the wholly-owned subsidiary Tianjin Tianbao Chuangyuan Real Estate Development Co., Ltd. by a total of RMB 1.5017 billion, with the company's contribution being RMB 389.7 million and Tianbao Holdings contributing RMB 1.1112 billion[10] - After the capital increase, the registered capital of Tianbao Chuangyuan will rise from RMB 1.4 billion to RMB 2.512 billion, and the company's equity stake will decrease from 100% to 55.73%[10] - The company has entered into a sale-leaseback financing lease agreement with Tianjin Tianbao Leasing Co., Ltd. for a total financing amount of RMB 40 million, with a financing cost of 6.89% per annum[14] - The company has provided a guarantee for its wholly-owned subsidiaries to apply for a maximum loan amount of RMB 50 million from Tianjin Binhai New Area Tianbao Microfinance Co., Ltd., with a loan interest rate of 8%[14] Future Outlook - Future outlook includes a focus on cost control and potential market expansion strategies to improve profitability[22]

Financial Performance - The company's operating revenue for 2022 was CNY 2,464,898,371.67, a decrease of 2.97% compared to CNY 2,540,236,605.58 in 2021[18]. - The net profit attributable to shareholders for 2022 was CNY 23,303,105.24, down 52.93% from CNY 49,510,194.51 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 10,662,839.00, a significant increase of 117.24% compared to a loss of CNY 61,852,374.35 in 2021[18]. - The net cash flow from operating activities was CNY 844,983,870.05, a decrease of 15.98% from CNY 1,005,679,281.66 in 2021[18]. - Basic earnings per share for 2022 were CNY 0.0210, down 52.91% from CNY 0.0446 in 2021[18]. - The company reported a weighted average return on equity of 0.43% for 2022, down from 0.90% in 2021[18]. - The company experienced a net loss in the fourth quarter of 2022, with a net profit attributable to shareholders of -CNY 38,235,111.27[22]. - The company's asset-liability ratio stood at 57.42%, indicating a controllable level of debt[33]. - The total revenue from leasing business reached 63.5665 million RMB, with a rental occupancy rate of 89.56%[36]. - The company reported a significant increase in management expenses, which reached 45.44 million yuan, up 46.41% year-on-year[54]. Assets and Liabilities - Total assets at the end of 2022 were CNY 12,818,217,319.25, a slight decrease of 0.24% from CNY 12,849,548,125.89 at the end of 2021[18]. - The net assets attributable to shareholders increased by 0.43% to CNY 5,449,732,567.01 from CNY 5,426,429,461.77 in 2021[18]. - The total financing balance was 3.057 billion yuan, with an average financing cost of 7.35%[44]. - The company's inventory at year-end was valued at ¥4,705,058,051.61, which is secured by land use rights and related construction projects as collateral for loans[72]. - Total assets of the wholly-owned subsidiary Binhai Kaiyuan decreased to CNY 5,096.55 million, a reduction of 18.26% year-on-year[84]. - Total assets of the wholly-owned subsidiary Tianbao Shengyuan increased to CNY 3,564.33 million, an increase of 313.36% year-on-year[86]. Revenue Sources - The company managed to maintain a stable development pace and completed construction tasks of 1.03 million square meters across six projects[34]. - The company’s property management revenue for 2022 reached CNY 48.1762 million, with a collection rate of 90.41%[37]. - Real estate sales accounted for CNY 2,353,155,683.69, with a gross margin of 31.79%, down 19.24% from the previous year[60]. - The sales volume in the real estate sector decreased by 17.76% to 9.31 million square meters, while production volume fell by 21.13% to 71.21 million square meters[61]. Market Conditions - The national real estate development investment in 2022 was 1.32895 trillion RMB, a decrease of 10.0% compared to the previous year[30]. - The sales area of commercial housing in Tianjin decreased by 35.82% year-on-year, with a total transaction area of 7.9962 million square meters[33]. - The average transaction price of residential properties in Tianjin was 17,308.33 RMB per square meter, showing a slight increase of 1.04% year-on-year[33]. - The government implemented supportive policies for the real estate market, including lowering down payment ratios and mortgage rates[28]. Strategic Initiatives - The company aims to enhance its market presence through strategic expansions and new project developments in the Tianjin area[37]. - The company plans to enhance its dual main business advantages and strengthen the construction of service platforms for transformation and upgrading[46]. - The company is focusing on expanding its "dual main business" advantage and enhancing its product development and operational capabilities[98]. - The company plans to optimize its business layout and increase efforts in new business areas such as industrial park operations and property management[99]. Governance and Management - The company has organized 21 meetings during the reporting period, including 4 shareholder meetings and 13 board meetings, demonstrating effective governance practices[106]. - The board of directors has established five specialized committees to improve operational efficiency and decision-making processes[105]. - The company maintains complete independence from its controlling shareholder in terms of business, assets, and financial management[108]. - The company has a structured approach to remuneration, ensuring it aligns with industry standards and previous compensation levels[120]. Social Responsibility - The company provided approximately RMB 20 million in rent reductions to 85 small and micro enterprises and individual businesses as part of its social responsibility initiatives during the reporting period[152]. Audit and Compliance - The company appointed Zhongshen Yatai Accounting Firm as the auditor for the 2022 fiscal year, with an audit fee of 610,000 RMB[161]. - The internal control audit report confirmed that the company maintained effective financial reporting internal controls as of December 31, 2022, with a standard unqualified opinion issued[146]. - There were no significant litigation or arbitration matters during the reporting period[165].

证券代码：000965 证券简称：天保基建 编号：2022-09-06 天津天保基建股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------------|---------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

天津天保基建股份有限公司 2022 年第三季度报告 证券代码：000965 证券简称：天保基建 公告编号：2022-54 天津天保基建股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 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 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 169,466,019.17 | -61.68% | 1,025,972,661.47 | 87.58% ...

天津天保基建股份有限公司 证券代码：000965 证券简称：天保基建 公告编号：2022-46 关于参加"2022 年度天津辖区上市公司半年报业绩说明会 与投资者网上集体接待日"活动的公告 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。 天津天保基建股份有限公司（以下简称"公司"）已于2022年8 月25日发布了2022年半年度报告。为便于广大投资者更深入全面地 了解公司情况，公司定于2022年9月6日（周二）13:40-16:40参加由 天津证监局主办、天津上市公司协会、深圳市全景网络有限公司协 办的"2022年度天津辖区上市公司半年报业绩说明会与投资者网上 集体接待日"活动。 本次活动将采用网络远程的方式举行，投资者可以登录"全景 路演"（http://rs.p5w.net）参与本次互动交流。公司总经理及其 他部分高级管理人员将出席本次活动，欢迎广大投资者积极参与。 为充分尊重投资者、提升交流的针对性，现就本次活动提前向 投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2022年9月2日15:00前将关注的问题通过电子邮件的形式发送至公 司邮箱 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 856,506,642.30, representing a 717.51% increase compared to CNY 104,770,288.45 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was CNY 49,405,815.09, a significant recovery from a loss of CNY 100,149,962.68 in the previous year, marking a 149.33% improvement[21]. - The net cash flow from operating activities reached CNY 347,413,791.33, up 465.15% from CNY 61,472,939.54 in the prior year[21]. - Basic earnings per share increased to CNY 0.0445 from a loss of CNY 0.0902, reflecting a 149.33% improvement[21]. - The company reported a profit total of ¥65,644,634.13, a 163.90% increase compared to a loss of ¥102,735,647.32 in the previous year[48]. - The net profit for the first half of 2022 was CNY 50,033,511.90, a turnaround from a net loss of CNY 99,324,880.70 in the same period of 2021[156]. - The total operating profit for the first half of 2022 was CNY 209,561,330.97, a significant increase compared to a loss of CNY 86,814,066.13 in the same period of 2021[159]. - The total comprehensive income for the first half of 2022 was CNY 209,561,330.97, compared to a total comprehensive loss of CNY 86,825,530.87 in the previous year[160]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,754,025,674.11, a slight decrease of 0.74% from CNY 12,849,548,125.89 at the end of the previous year[21]. - The asset-liability ratio stands at 57%, maintaining a reasonable range[36]. - The company's total liabilities increased to CNY 3,486,373,771.13 in the first half of 2022, up from CNY 2,969,696,420.72 in the previous year, reflecting a growth of approximately 17.4%[152]. - Total equity rose to CNY 5,169,379,752.22 in the first half of 2022, compared to CNY 4,959,818,421.25 in the same period of 2021, marking an increase of about 4.2%[152]. - The total assets of the company reached CNY 8,655,753,523.35 in the first half of 2022, compared to CNY 7,929,514,841.97 in the same period of 2021, reflecting an increase of about 9.2%[152]. Market and Sales Performance - The company achieved operating revenue of 857 million yuan and a net profit attributable to the parent company of 49 million yuan during the reporting period[36]. - Real estate sales contributed ¥797,609,490.92, accounting for 93.12% of total revenue, reflecting a year-on-year increase of 1,323.82% from ¥56,018,870.43[49]. - The company is focusing on high-quality real estate projects, with significant sales performance in the Tiancheng Huajing and Yijing Yaju projects[37]. - The company is actively expanding its industrial park operations, attracting quality enterprises such as Tianhai Xinyu and Shanghai Lechun[37]. - The real estate market is showing signs of stabilization and recovery since May, supported by local policy adjustments[32]. Investment and Financing - The company has a total financing balance of ¥3,002,450,378.78, with bank loans at ¥424,450,378.78 and bonds at ¥490,000,000.00, reflecting an average financing cost of 6.04% and 6.59% respectively[43]. - The company reported a total financing amount of RMB 4.38 billion provided by Tianjin Tianbao Commercial Factoring Co., Ltd. for accounts receivable factoring services[103]. - The financing total amount for the sale-leaseback transaction with Tianjin Tianbao Leasing Co., Ltd. is RMB 600 million, with a financing interest rate of 7.23% per annum[103]. - The company received a loan of up to RMB 600 million from its controlling shareholder, Tianbao Holdings, with a term of 5 years and an annual interest rate of 6%[106]. Corporate Governance and Compliance - The company maintains a strong commitment to legal compliance and corporate governance, ensuring the protection of shareholder and creditor rights[82]. - The company has implemented comprehensive environmental management measures, resulting in zero environmental pollution incidents during the reporting period[81]. - The company actively engages with investors through various communication channels to improve investor relations and transparency[83]. - The company has not encountered any major litigation or arbitration matters during the reporting period[94]. Future Outlook and Strategy - The company emphasizes that future operational plans are subject to various factors and do not constitute a commitment to investors[5]. - The company plans to innovate its business model and diversify its operations to mitigate risks associated with a single business focus[72]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[169]. - The company aims to maintain a cost growth rate lower than the revenue growth rate, ensuring stable profit margins[45]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 110,245[126]. - Tianjin Tianbao Construction Holdings Co., Ltd. holds 51.45% of shares, totaling 570,995,896 shares[126]. - The largest shareholder, Tianjin Tianbao Holdings Co., Ltd., holds 570,995,896 shares, accounting for 96% of the total shares[127]. - The company has not reported any changes in the number of shares held by major shareholders[126]. Operational Efficiency - Cash flow from operating activities generated a net amount of CNY 347,413,791.33, compared to CNY 61,472,939.54 in the first half of 2021, indicating improved operational efficiency[161]. - The company reported a decrease in cash received from sales of goods and services, totaling CNY 1,145,338,622.13, down from CNY 1,524,114,359.02 in the first half of 2021[161]. - The company has maintained a good reputation and corporate image in its operating regions and industries during the reporting period[86].

天津天保基建股份有限公司 天津天保基建股份有限公司 2022 年第一季度报告全文 证券代码：000965 证券简称：天保基建 公告编号：2022-29 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 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。 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 495,568,207.55 | 50,085,570.29 | 889.44% | | 归属于上市公司股东的净利润（元） | 32,200,068.51 | -49,840, ...

Financial Performance - The company's operating revenue for 2021 was CNY 2,540,236,605.58, representing a 210.06% increase compared to CNY 819,266,974.40 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 49,510,194.51, a 112.69% increase from CNY 95,293,448.83 in 2020[20]. - The net profit after deducting non-recurring gains and losses was CNY -61,852,374.35, a decrease of 166.30% compared to CNY 93,297,155.73 in 2020[20]. - The basic earnings per share for 2021 was CNY 0.0446, up 112.68% from CNY 0.0859 in 2020[20]. - The cash flow from operating activities for 2021 was CNY 1,005,679,281.66, a 189.77% increase compared to CNY 1,109,287,590.53 in 2020[20]. - The company reported a net cash flow from operating activities of CNY 588,748,121.22 in the fourth quarter, indicating improved cash generation capabilities[25]. - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15% compared to 2020[122]. - The company reported a net profit margin of 12% for 2021, an improvement from 10% in 2020[122]. Assets and Liabilities - Total assets at the end of 2021 were CNY 12,849,548,125.89, an increase of 15.13% from CNY 11,160,717,900.30 at the end of 2020[21]. - The net assets attributable to shareholders at the end of 2021 were CNY 5,426,429,461.77, a decrease of 12.58% from CNY 6,207,063,367.26 at the end of 2020[21]. - The total financing balance at the end of the period was approximately 2.96 billion yuan, with a bank loan balance of 568.18 million yuan at an interest rate of 5.98%[45]. - Inventory increased to CNY 9,950,211,864.01, representing 77.44% of total assets, up from 72.44% in 2020, driven by the addition of the Jiuru Pinzhu project[82]. - The proportion of contract liabilities rose to 10.74% of total assets, up from 3.99% in the previous year, reflecting an increase in advance payments for housing sales[83]. Sales and Contracts - The company recorded a total of CNY 34.76 billion in new sales contracts for the year, setting a historical record for the company[37]. - The Tianbao Jinhai Coast project achieved sales of CNY 21.23 billion, leading in both sales amount and area in the Binhai New Area[37]. - Real estate sales accounted for ¥2.23 billion, which is 87.66% of total revenue, with a year-on-year growth of 209.39%[65]. - The total area of new sales reached 163,700 square meters in 2021, demonstrating the company's resilience in a challenging market environment[37]. Operational Strategy - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company aims to enhance residential project sales, focusing on the full clearance of Tiancheng Huajing and Yijing Yaju projects, and making significant progress in sales of Jiuru Pinzhu and Tianduo Phase II projects[46]. - The company plans to improve commercial leasing operations by leveraging high-quality client resources and enhancing brand effects through strategic partnerships[46]. - The company is focused on maintaining revenue stability and accelerating key project construction amid tightening real estate financing policies[36]. - The company aims to achieve sustainable development and risk resistance through a diversified business structure, including real estate development, infrastructure construction, and property management[104]. Governance and Compliance - The company has established a robust corporate governance structure to ensure effective decision-making and oversight[115]. - The company held a total of 29 meetings during the reporting period, including 6 shareholder meetings and 19 board meetings, ensuring compliance with governance standards[116]. - The company maintains complete independence from its controlling shareholder in terms of business, assets, personnel, and finance, with no instances of fund misappropriation reported[118]. - The company has established an independent financial management system and accounting framework, ensuring autonomous tax compliance[118]. - The company has committed to enhancing its governance level as part of its long-term strategy[116]. Employee and Management - The total number of employees at the end of the reporting period was 113, with 46 technical personnel and 18 sales personnel[145]. - The company maintained a salary policy focused on fairness, competitiveness, and incentivization to enhance employee motivation and corporate performance[146]. - The total remuneration for the board of directors, supervisors, and senior management during the reporting period amounted to CNY 4.143 million[134]. - The company has a performance evaluation system in place for determining the remuneration of senior management based on annual operational targets[132]. Market Outlook - The company provided a future outlook, projecting a revenue growth of 20% for 2022, driven by new product launches and market expansion strategies[124]. - The real estate market is expected to show a stable upward trend in competitive cities, while differentiation among city clusters will become more pronounced due to various factors[103]. - The company recognizes policy risks related to land and financing, and will adjust strategies dynamically to align with national policies[107]. Environmental and Community Engagement - The company strictly adheres to environmental protection regulations and has not faced any administrative penalties for environmental issues during the reporting period[158]. - The company actively participated in community governance and pandemic prevention, successfully completing a five-month review for urban civilization and health[162].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 442,186,695, representing a 94.15% increase compared to CNY 227,750,413 in the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was CNY 26,696,605.4, a 24.57% increase from CNY 21,431,604.9 in the previous year[4] - The basic earnings per share for Q3 2021 was CNY 0.0241, up 24.87% from CNY 0.0193 in the same period last year[5] - Net profit for the quarter was a loss of CNY 73,406,495.66, compared to a profit of CNY 100,864,133.65 in the previous year, reflecting a significant decline in profitability[23] - The basic and diluted earnings per share were both -0.0662, compared to 0.0902 in the same quarter last year, indicating a negative shift in earnings performance[24] Assets and Liabilities - The total assets at the end of Q3 2021 were CNY 12,999,611,729.06, reflecting a 16.48% increase from CNY 11,160,717,900.33 at the end of the previous year[5] - The company's total assets increased to CNY 12,999,611,729.06 from CNY 11,160,717,900.33, representing a growth of 16.5% year-over-year[20] - Total liabilities rose to CNY 7,687,760,305.20, up from CNY 4,945,315,880.81, indicating increased leverage[20] - The company's total liabilities decreased by 34.45% in accounts payable, from CNY 663,839,233.84 to CNY 435,179,766.32, indicating reduced engineering payment obligations[10] Cash Flow - The net cash flow from operating activities for the first nine months of 2021 was CNY 416,931,160.42, a significant improvement from a negative CNY 1,026,141,044.12 in the same period last year, marking a 140.63% increase[10] - Cash flow from operating activities was CNY 2,480,317,543.34, a substantial increase compared to CNY 339,702,537.63 in the previous period[26] - The cash received from operating activities totaled ¥3,060,913,447.16, while cash paid for operating activities was ¥2,643,982,286.74, leading to a positive cash flow from operations[27] - The company experienced a net increase in cash and cash equivalents of ¥277,394,600.12 during the quarter, contrasting with a decrease of ¥287,473,797.21 in the previous year[28] Financial Expenses - The financial expenses for the first nine months of 2021 were CNY 123,995,383.75, an 86.51% increase compared to CNY 66,482,783.25 in the previous year, primarily due to increased borrowings[10] - The company reported financial expenses of CNY 123,995,383.75, significantly higher than CNY 66,482,783.25 from the previous year, primarily due to increased interest expenses[23] Shareholder Information - The largest shareholder, Tianjin Tianbao Holdings Co., Ltd., holds 51.45% of the shares, with no related party relationships among the top 10 shareholders[12] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the second-largest shareholder holding 1.88%[12] Other Financial Metrics - The total current assets amounted to RMB 11,102,055,899.17, an increase from RMB 9,419,481,557.61 at the end of 2020, representing a growth of approximately 17.9%[18] - The cash and cash equivalents increased to RMB 693,113,412.75 from RMB 415,718,812.63, reflecting a growth of about 66.6%[18] - The accounts receivable rose to RMB 11,770,830.56 from RMB 10,775,694.22, indicating an increase of approximately 9.2%[18] - The inventory value increased significantly to RMB 10,036,000,759.78 from RMB 8,084,549,331.30, which is an increase of around 24.2%[18] - Deferred tax assets increased to CNY 371,695,278.75 from CNY 293,092,115.70, suggesting potential future tax benefits[20] Financing Activities - The company signed a supplementary agreement with Tianjin Tianbao Commercial Factoring Co., Ltd. to adjust the factoring financing interest rate from 6.9% per annum to a maximum of 8.0% per annum[14] - The company provided a guarantee for its wholly-owned subsidiaries to apply for a total of RMB 100 million in short-term working capital loans[14] - The company engaged in a sale-and-leaseback transaction with Tianjin Tianbao Leasing Co., Ltd. for a total financing amount of RMB 60 million at an interest rate of 8% per annum[15] - The total cash inflow from financing activities was ¥1,368,490,515.99, while cash outflow was ¥1,504,551,364.49, resulting in a net cash flow of -¥136,060,848.50 for the quarter[28] - The company received cash from loans amounting to ¥1,368,490,515.99 during the financing activities, indicating strong borrowing capabilities[28] Taxation - The company reported a decrease in income tax expenses by 72.77%, from CNY 58,331,104.84 to CNY 15,882,399.18, mainly due to a reduction in total profit[10] - The cash paid for taxes during the quarter was ¥303,875,871.23, reflecting the company's tax obligations[27] Audit and Accounting - The third-quarter report was not audited, which may affect the reliability of the financial data presented[29] - The company did not adjust the beginning balance sheet items for the new leasing standards, indicating no significant changes in accounting practices[29]