Financial Performance - Operating revenue for the current period was ¥137,237,902.43, a decline of 54.28% year-on-year[8] - Net profit attributable to shareholders was -¥17,815,879.72, a decrease of 322.95% year-on-year[8] - Basic earnings per share were -¥0.03, reflecting a 200.00% decline compared to the same period last year[8] - The company's operating revenue decreased by 37.38% compared to the same period last year, primarily due to a decline in domestic sales of sewing machines by its subsidiary Zhongjie Technology[17] - The company's total revenue for the year-to-date was CNY 564,132,201.65, down from CNY 900,884,010.56 in the previous year, indicating a decline in business activity[59] - The company's net loss for the period increased, with undistributed profits at CNY -574,851,105.97, up from CNY -527,483,859.83[45] - The total profit for the period was CNY -16,936,119.67, compared to CNY -3,001,296.50 in the previous year, highlighting a worsening financial performance[53] - Comprehensive income for the period was CNY -17,873,030.16, compared to CNY -3,905,561.00 in the previous year, indicating a substantial deterioration in overall financial health[54] Assets and Liabilities - Total assets decreased by 17.58% to ¥1,110,124,431.26 compared to the end of the previous year[8] - Net assets attributable to shareholders decreased by 6.79% to ¥651,624,827.83 compared to the end of the previous year[8] - Current assets decreased to CNY 642,893,664.23 from CNY 868,822,339.23, reflecting a decline of approximately 26%[43] - Total liabilities decreased to CNY 458,501,043.53 from CNY 647,771,277.57[45] - The company's total liabilities decreased, indicating improved financial stability, although specific figures were not detailed in the report[43] Cash Flow - Cash flow from operating activities for the year-to-date was ¥25,174,961.84, down 11.76%[8] - The net cash flow from operating activities for Q3 2019 was CNY 25,174,961.84, a decrease from CNY 28,530,785.69 in the same period last year, reflecting a decline of approximately 8.5%[68] - Cash inflow from operating activities totaled CNY 663,111,754.47, compared to CNY 1,095,354,955.03 in the previous year[67] - The net cash flow from financing activities decreased by 85.91% compared to the previous year, primarily due to reduced cash payments for debt repayment[18] - The net cash flow from investment activities was negative at CNY -10,812,208.44, contrasting with a positive CNY 171,395,969.04 in the same quarter last year[68] Shareholder Information - The total number of common shareholders at the end of the reporting period was 29,232[12] - The top shareholder, Zhejiang Zhongjie Huanzhou Supply Chain Group Co., Ltd., held 17.45% of shares, amounting to 120,000,000 shares[12] Operational Challenges - The company has experienced consecutive losses over the past two years, leading to a delisting risk warning for its stock[25] - The board is actively taking measures to eliminate delisting risks and enhance sustainable operational capabilities[25] - The company is focusing on stabilizing its main business and ensuring asset safety through effective receivables management[25] Other Financial Metrics - Financial expenses decreased by 58.29% compared to the previous year, mainly due to reduced interest expenses from decreased loan scale and lower cash discounts[17] - Other income increased by 732.04% year-on-year, primarily due to government subsidies received by Zhongjie Technology[18] - The company recognized a total impairment provision of CNY 1,493,000 related to investments in trust plans due to potential risks associated with underlying assets[36] - The company incurred asset impairment losses of CNY 572,462.66, which contributed to the overall decline in profitability[53] Compliance and Governance - There are no violations regarding external guarantees during the reporting period[29] - The company has no non-operating fund occupation by controlling shareholders or related parties[30] - The company is in the process of fulfilling commitments made in the acquisition report to avoid competition and regulate related transactions[27]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥426,894,299.22, a decrease of 28.94% compared to ¥600,728,818.90 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was a loss of ¥29,551,366.42, representing a decline of 207.13% from a profit of ¥27,584,294.62 in the previous year[19]. - The basic earnings per share for the reporting period was -¥0.0430, a decrease of 207.50% compared to ¥0.0400 in the same period last year[19]. - The company's operating profit for the period was -RMB 29.76 million, a decline of 192.26% compared to the same period last year, with net profit attributable to shareholders at -RMB 29.55 million, down 207.13%[38]. - In the first half of 2019, the company's revenue decreased by 28.93% year-on-year, with gross profit declining by 0.49%[83]. - Operating profit and net profit fell by 167.23% and 168.89% respectively compared to the same period last year[83]. - The company expects a net profit in the range of -57 million to -43 million RMB for the first nine months of 2019, compared to a net profit of 23.37 million RMB in the same period of 2018[84]. Cash Flow and Assets - The net cash flow from operating activities increased by 168.43% to ¥6,498,776.10, compared to ¥2,421,065.57 in the same period last year[19]. - Cash and cash equivalents decreased by 44.26% year-on-year, attributed to investments in production operations[30]. - The total assets at the end of the reporting period were ¥1,175,915,604.70, down 12.69% from ¥1,346,858,730.55 at the end of the previous year[19]. - The company's total assets included cash of RMB 27.40 million, which decreased by 1.32% from the previous year, primarily due to investments in production operations[53]. - The company's total liabilities decreased from CNY 647,771,277.57 at the end of 2018 to CNY 506,419,186.83 by June 30, 2019, a reduction of about 22%[163]. - The total equity attributable to shareholders decreased from CNY 699,088,547.69 at the end of 2018 to CNY 669,497,856.54, reflecting a decline of approximately 4%[163]. Investments and Capital Expenditure - The company has invested 130 million yuan in advanced sewing machine manufacturing equipment, improving production efficiency by over 25% in some lines[32]. - The total amount of raised funds was RMB 88.54 million, with RMB 553.07 million invested during the reporting period, and a cumulative investment of RMB 90.78 million[59]. - The company has completed the investment of RMB 4,997.2 million for the annual production of 8,200 special industrial sewing machines, achieving 100% of the planned investment[62]. - The company has allocated RMB 5,000 million from the remaining funds of the special machine project to implement a direct drive sewing project, enhancing production capacity[63]. - The company plans to implement a direct drive bag sewing project, which will add an annual production capacity of 60,000 high-speed computer bag sewing machines[63]. Market and Competition - The company operates in a highly competitive market characterized by significant homogeneity among domestic manufacturers[28]. - The overall production of sewing machines in China decreased by 13.17% year-on-year in the first half of 2019, with industrial sewing machine production down by 15.73%[36]. - Domestic sales accounted for 52.35% of total revenue, down 47.28% year-on-year, while overseas sales increased by 15.03% to 47.65% of total revenue[48]. - The company is focusing on enhancing the automation and intelligence of new products, particularly in the template machine segment, to strengthen its market position[41]. Legal and Regulatory Matters - The company is involved in a legal dispute regarding a 1.27 billion RMB receivable from a share transfer agreement, with a court ruling in its favor[98]. - The company is also pursuing a claim for a 0.33 billion RMB loan dispute, with a favorable ruling received[99]. - The company has faced continuous losses over the past two years, leading to a delisting risk warning for its stock[101]. - The company is actively taking measures to eliminate delisting risks and enhance its sustainable operational capacity[101]. Corporate Governance and Shareholder Matters - The company held its first extraordinary general meeting of shareholders on March 15, 2019, with a participation rate of 26.29%[90]. - The annual general meeting on May 17, 2019, had a higher participation rate of 44.06%[90]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[91]. - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[93]. Environmental and Social Responsibility - The company operates a wastewater treatment facility with a processing capacity of 50 tons per day, and its operation is normal[127]. - The company has obtained the "Pollution Discharge Permit" issued by the environmental protection department[128]. - The company has installed an online monitoring system for environmental self-monitoring, which has passed acceptance by the environmental protection department and is operating normally[129]. - The company reported no engagement in targeted poverty alleviation work during the half-year period and has no subsequent plans[130].

Financial Performance - The company's revenue for Q1 2019 was ¥265,490,148.32, representing a decrease of 13.56% compared to ¥307,124,952.30 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥3,214,284.86, an improvement of 71.87% from a loss of ¥11,425,417.48 in the previous year[8] - The basic earnings per share were -¥0.0047, showing a 71.69% improvement from -¥0.0166 in the same period last year[8] - Operating profit decreased by 75.75% year-on-year, despite a 13.56% decline in operating revenue, as total operating costs decreased by 14.66%[16] - Total profit decreased by 80.40% year-on-year, primarily due to the decline in operating profit[16] - The company reported a net loss of CNY 7,747,543.24 for Q1 2019, compared to a net loss of CNY 13,047,054.84 in Q1 2018[43] - The company reported a total profit of -2,459,103.18 CNY, an improvement from -12,545,605.94 CNY in the same quarter last year[44] - The company experienced a comprehensive loss of -3,478,716.41 CNY in Q1 2019, compared to -12,233,871.24 CNY in the previous year, reflecting a 71.5% reduction in losses[45] Cash Flow - The net cash flow from operating activities was ¥26,610,379.51, down 17.47% from ¥32,245,229.73 in the same period last year[8] - Total cash inflow from operating activities was ¥318,710,374.77, while cash outflow was ¥292,099,995.26, resulting in a net cash inflow of ¥26,610,379.51[50] - Cash flow from investment activities showed a net outflow of ¥3,626,990.60, compared to a net outflow of ¥12,529,675.54 in the previous year[51] - Cash inflow from financing activities was ¥59,833,522.00, with a net cash outflow of ¥1,946,438.76, contrasting with a net inflow of ¥23,088,328.02 in Q1 2018[51] - The total cash and cash equivalents at the end of the period was ¥59,141,414.69, down from ¥142,370,285.40 at the end of Q1 2018[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,278,049,872.86, a decrease of 28.25% from ¥1,781,277,383.05 at the end of the previous year[8] - Total liabilities decreased to CNY 582,441,136.29 from CNY 647,771,277.57, reflecting a reduction of approximately 10.1%[37] - Total assets as of March 31, 2019, were CNY 850,953,621.92, down from CNY 863,729,760.38 at the end of 2018[42] - The company's equity attributable to shareholders decreased to CNY 695,610,166.61 from CNY 699,088,547.69, a decline of about 0.5%[37] - The total liabilities to total assets ratio stands at approximately 48.1%[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,525[11] - The top shareholder, Zhejiang Zhongjie Huanzhou Supply Chain Group Co., Ltd., held 17.45% of the shares, amounting to 120,000,000 shares[11] Research and Development - The company's research and development expenses increased by 36.83% compared to the same period last year, primarily due to increased R&D investments by its subsidiary Zhongjie Technology[15] - Research and development expenditures are expected to grow compared to the previous year, reflecting the company's commitment to innovation[26] Legal Matters - The company has ongoing litigation regarding a 4.17% equity dispute with Jiangxi Jinyuan Agricultural Development Co., Ltd., with a favorable first-instance judgment received[17] - The company is involved in a lawsuit concerning a 100% equity transfer dispute with Chengde Shuo Da Mining Co., Ltd., with a claim for 127 million RMB in principal and additional penalties[18] - As of the report date, 120 million shares held by Zhejiang Huanzhou are under judicial freeze, with no resolution yet[21] Future Projections - The estimated net profit for the first half of 2019 is projected to be between -35 million and -20 million RMB, compared to a net profit of 27.58 million RMB in the same period of 2018, indicating a significant decline[26] - The decline in net profit is primarily attributed to the absence of asset disposal gains, as the previous year included over 50 million RMB from the sale of 100% equity in Zhongyi Machinery[26] - Sales revenue from the main business of industrial sewing machines is expected to decrease compared to the same period last year, compounded by increased foreign exchange losses[26] - The company plans to increase marketing activities for the 25th anniversary of the Zhongjie brand, which is anticipated to raise sales expenses[26]

Financial Performance - The company's operating revenue for 2018 was CNY 1,141,269,501.01, representing a 13.85% increase compared to CNY 1,002,449,149.53 in 2017[19] - The net profit attributable to shareholders was a loss of CNY 237,825,265.46, a decline of 155.16% from a loss of CNY 93,208,019.80 in the previous year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 299,742,455.48, which is a 214.29% increase in loss compared to CNY 95,370,161.91 in 2017[19] - The net cash flow from operating activities was CNY 19,139,832.71, down 55.09% from CNY 42,622,805.18 in the previous year[19] - The total assets at the end of 2018 were CNY 1,346,858,730.55, a decrease of 23.38% from CNY 1,757,737,165.36 at the end of 2017[20] - The net assets attributable to shareholders decreased by 25.38% to CNY 699,088,547.69 from CNY 936,857,866.59 in 2017[20] - The basic and diluted earnings per share were both CNY -0.34, reflecting a 142.86% increase in loss compared to CNY -0.14 in 2017[19] - The weighted average return on net assets was -28.76%, a decrease of 19.28 percentage points from -9.48% in the previous year[19] Revenue and Sales - In 2018, the company recorded a total revenue of approximately CNY 1.2 billion, with a significant decline in Q4 revenue to CNY 240.39 million, down from an average of CNY 300 million in the first three quarters[23] - The company achieved sales revenue of 1.141 billion in industrial sewing machines, a growth of 13.85% compared to the same period in 2017[40] - The main business income was RMB 1,140,583,092.77, up 13.86% from RMB 1,001,704,055.73 in the previous year[52] - The company reported non-operating income of CNY 61.92 million in 2018, significantly higher than the previous year's CNY 2.16 million, mainly due to asset disposals and government subsidies[25] - Domestic market sales accounted for 67.46% of total revenue, while international market sales increased by 19.91% to RMB 371,121,761.42, representing 32.54% of total revenue[54] Asset Management - The company recognized an asset impairment provision of CNY 242.14 million for the year, reflecting a cautious approach to asset valuation[21] - The company's long-term equity investments decreased by 100% due to a reduction of 24.4767 million in long-term equity investment related to Guizhou Tuoshi, and a provision for impairment of 28.7233 million was made[33] - Fixed assets increased by 12.26% compared to the beginning of the period, primarily due to increased investment by the subsidiary Zhongjie Technology[33] - Intangible assets decreased by 51.12% due to the government's acquisition of part of the land in the Gushun Industrial Park[33] - The company’s cash and cash equivalents decreased from CNY 187,311,414.29 in 2017 to CNY 49,164,834.66 in 2018, a decline of 7.01% in proportion to total assets[76] Research and Development - The technology R&D center produced small batches of models 7000E, 8000E, and 9000E, and made significant progress in developing new products[43] - Research and development expenses increased by 31.05% to RMB 40,847,287.42, reflecting enhanced R&D efforts by the subsidiary Zhongjie Technology[52] - The number of R&D personnel increased by 18.33% to 213 in 2018 from 180 in 2017[71] - The proportion of R&D investment to operating revenue increased to 3.58% in 2018 from 3.11% in 2017[71] - The company plans to enhance the automation and intelligence of new products, particularly in the template machine product line, targeting industries such as footwear and automotive[43] Market Conditions and Challenges - The company faced challenges in Q4 due to market conditions and industry cycles, leading to a notable decrease in operating income compared to earlier quarters[23] - The sewing machinery market demand is influenced by the performance of downstream industries such as textiles and apparel, as well as external factors like raw material prices and currency fluctuations[32] - The company expects to achieve a revenue of RMB 11.15 billion in 2019, focusing on cost control and optimizing product structure[116] - The company faces industry risks due to high competition and product homogeneity, particularly in the mid to low-end market segments[117] - The company’s export business accounts for 30.90% of total revenue, exposing it to exchange rate risks, particularly with the appreciation of the RMB against the USD[117] Corporate Governance and Compliance - The company has received a qualified audit opinion from its auditing firm, indicating potential concerns regarding financial reporting[4] - The company acknowledges the audit report with reserved opinions but believes it does not impact the financial status or operating results for the period[133] - The company has made changes to accounting policies in accordance with the Ministry of Finance's regulations, including the new accounting standards for non-current assets held for sale and government grants[135] - There were no significant accounting errors that required retrospective restatement during the reporting period[137] - The company has retained the same domestic accounting firm, Lixin Certified Public Accountants, for 18 years, with an audit fee of 500,000 RMB[139] Legal Matters - The company is involved in several significant lawsuits, with the total amount involved in disputes reaching approximately 68.81 million RMB[140] - The company has won several court cases, including a judgment for 806,789 RMB against a debtor[141] - The company is actively pursuing legal actions to recover debts, with amounts claimed in various lawsuits totaling over 19.87 million RMB[140] - The company has initiated a lawsuit against Chengde Shuo Da Mining Co., Ltd. for a total claim of RMB 127 million in principal and RMB 4.953 million in penalty fees due to a dispute over the transfer of 100% equity of Xiliduo Mining[183] Investment and Capital Management - The company completed the disposal of 100% equity in Zhongyi Machinery for RMB 213,358,000.00, enhancing liquidity and optimizing asset allocation[46] - The company terminated its non-public stock issuance application due to changes in the capital market environment, aiming to protect investor interests[45] - The company has a total of RMB 88,535 million in raised funds, with 38.17% of the total funds utilized by the end of the reporting period[91] - The company has not reported any oversubscription of funds for investment projects[92] - The company has decided to halt investments in the original specialized machine project due to market demand decline, reallocating funds to acquire a 51% stake in Jiaxing Dayu Sewing Equipment Manufacturing Co., Ltd[92] Shareholder Information - The total number of shares outstanding is 687,815,040, with 99.95% being unrestricted shares[192] - The company reported a total of 34,241 common shareholders at the end of the reporting period, reflecting a stable shareholder base[195] - The largest individual shareholder, Cai Kaijian, owns 60,840,000 shares, accounting for 8.85% of total shares[196] - The top ten shareholders collectively hold a significant portion of the company's equity, ensuring stability in ownership[196] - The company has not reported any changes in the ownership structure or significant transactions that could affect shareholder dynamics[200]

Financial Performance - The company's operating revenue for 2018 was CNY 1,141,269,501.01, representing a 13.85% increase compared to CNY 1,002,449,149.53 in 2017[18]. - The net profit attributable to shareholders was a loss of CNY 237,825,265.46, a decline of 155.16% from a loss of CNY 93,208,019.80 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 299,742,455.48, which is a 214.29% increase in loss compared to CNY 95,370,161.91 in 2017[18]. - The net cash flow from operating activities was CNY 19,139,832.71, down 55.09% from CNY 42,622,805.18 in the previous year[18]. - The total assets at the end of 2018 were CNY 1,346,858,730.55, a decrease of 23.38% from CNY 1,757,737,165.36 at the end of 2017[19]. - The net assets attributable to shareholders decreased by 25.38% to CNY 699,088,547.69 from CNY 936,857,866.59 in 2017[19]. - The basic and diluted earnings per share were both CNY -0.34, reflecting a 142.86% increase in loss compared to CNY -0.14 in 2017[18]. - The weighted average return on net assets was -28.76%, a decrease of 19.28 percentage points from -9.48% in the previous year[18]. Revenue and Sales - In 2018, the company recorded a total revenue of approximately 1.2 billion yuan, with a significant decline in Q4 revenue to 240.39 million yuan, down from the average of the first three quarters[22]. - The company’s sales revenue from industrial sewing machines reached 1.141 billion yuan in 2018, representing a growth of 13.85% compared to 2017[38]. - The main business income was ¥1,140,583,092.77, also up by 13.86% from ¥1,001,704,055.73 in the previous year[50]. - The company achieved a significant increase in domestic market sales, which accounted for 67.46% of total revenue, up from 69.10% in 2017[52]. - International market sales grew by 19.91% to ¥371,121,761.42, representing 32.54% of total revenue[52]. Production and Capacity - The company has an annual production capacity of approximately 800,000 industrial sewing machines, making it one of the largest production bases globally[28]. - The production volume increased by 34.34% to 575,937 units, driven by market demand forecasts[57]. - The company plans to enhance the automation and intelligence of new products, focusing on the development of a full series of template machines[41]. - The company plans to adjust production levels in response to market demand fluctuations, having already reduced output since November[57]. Research and Development - Research and development expenditure increased by 31.05% to ¥40,847,287.42, reflecting enhanced R&D efforts by the subsidiary Zhongjie Technology[50]. - The company had 13 ongoing R&D projects as of December 31, 2018, with total R&D expenses amounting to ¥4,084.73 million[70]. - The number of R&D personnel increased by 18.33% to 213, representing 13.56% of the total workforce[70]. - The ratio of R&D expenses to operating revenue rose to 3.58% in 2018 from 3.11% in 2017[70]. Market and Industry Conditions - The sewing machinery market demand is influenced by the performance of downstream industries such as textiles and apparel, which are subject to economic fluctuations[30]. - The company faces industry risks due to high competition and low industry concentration, leading to intensified price wars, especially in the mid and low-end product segments[120]. - The company exports account for 30.90% of total revenue, making it vulnerable to exchange rate fluctuations, particularly with the appreciation of the RMB against the USD[120]. Investment and Financial Strategy - The company plans to enhance its product offerings and expand its market presence in response to the competitive landscape and technological advancements in the sewing machinery sector[29]. - The company has committed to invest a total of 88,535 million in various projects, with a cumulative investment of 90,223.5 million, achieving a progress rate of 99.62%[93]. - The company has decided to stop investment in the original special machine project due to market demand changes and will instead focus on acquiring 51% equity in Jiaxing Dayu Sewing Equipment Manufacturing Co., Ltd[93]. - The company plans to explore opportunities in other industries to promote growth and provide better returns to investors[123]. Legal and Compliance Issues - The company is involved in multiple lawsuits with a total amount of approximately RMB 68.81 million (USD 10.5 million) related to equity transfer payments[140]. - The company has won several court cases, including a judgment for RMB 11.73 million (USD 1.8 million) against a local business for unpaid goods[141]. - The company has received a judgment for RMB 56.68 million (USD 8.5 million) against Liu Pingping and Zou Xiaohong for unpaid debts[142]. Environmental and Social Responsibility - The company has established an emergency response plan for environmental incidents, including a comprehensive emergency command structure[178]. - The company has installed an online monitoring system for environmental self-monitoring, which has passed the environmental protection department's acceptance[178]. - The company has engaged a qualified third party for the disposal of hazardous waste generated during production[179]. Shareholder and Corporate Governance - The company has not distributed cash dividends for the past three years, with a profit distribution plan for 2018 indicating no cash dividends or stock bonuses[128]. - The company has fulfilled all commitments made during the equity division reform[131]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[132].

中捷资源投资股份有限公司 2018 年第三季度报告正文 2018 年 10 月 1 中捷资源投资股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 公司所有董事出席了审议本次季报的董事会会议。 公司第三季度财务报告经公司内部审计部门审计，未经会计师事务所审计。 公司负责人周海涛、主管会计工作负责人叶丽芬及会计机构负责人(会计主 管人员)叶丽芬声明：保证季度报告中财务报表的真实、准确、完整。 证券代码：002021 证券简称：中捷资源 公告编号：2018-086 中捷资源投资股份有限公司 2018 年第三季度报告正文 2 中捷资源投资股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,694, ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 600,728,818.90, representing a 41.91% increase compared to CNY 423,317,929.12 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 27,584,294.62, a significant turnaround from a loss of CNY 43,792,347.32 in the previous year, marking a 162.99% improvement[19]. - Basic and diluted earnings per share both improved to CNY 0.04 from a loss of CNY 0.06 per share in the previous year, reflecting a 166.67% increase[19]. - The company's gross profit margin improved to 17.40%, up from 16.96% in the previous year, indicating a 0.44 percentage point increase[51]. - The company's operating profit was CNY 32,260,105.19, a significant increase of 171.49% compared to a loss of CNY -45,123,101.64 in the same period last year[48]. - The company reported a total of CNY 163,572,338.38 in other receivables at the end of the period, slightly down from CNY 165,228,004.18 at the beginning[160]. - The company reported a net profit of CNY 28,967,707.29, compared to a net loss of CNY 45,242,241.74 in the previous year, marking a significant turnaround[170]. - The total comprehensive income for the first half of 2018 was CNY 28,811,550.26, a recovery from a loss of CNY 44,755,416.83 in the same period last year[170]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 2,421,065.57, down 95.65% from CNY 55,616,547.56 in the same period last year[19]. - Cash and cash equivalents decreased by 36.22% compared to the beginning of the reporting period, primarily due to investments in production operations by the wholly-owned subsidiary[31]. - The company’s cash and cash equivalents decreased from CNY 187,311,414.29 at the beginning of the period to CNY 119,472,768.74 at the end of the period, representing a decline of approximately 36.3%[160]. - The total cash and cash equivalents at the end of the period stood at CNY 52,339,763.76, down from CNY 299,309,061.20 at the end of the previous period[177]. - The company reported a net cash outflow from financing activities of CNY -158,558,144.26, a decrease of 557.95% compared to CNY 34,623,363.85 in the previous year[48]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,678,562,092.82, a decrease of 4.50% from CNY 1,757,737,165.36 at the end of the previous year[19]. - The company’s total assets for its subsidiary in the sewing machine industry reached RMB 924.76 million, indicating strong asset growth[85]. - Total liabilities decreased from CNY 714,187,472.82 to CNY 714,187,472.82, reflecting a stable position[162]. - The company’s long-term investments decreased from CNY 479,758,447.29 to CNY 315,966,474.38, a decrease of about 34.2%[166]. Operational Efficiency - The company has implemented technological upgrades that can enhance production efficiency by over 25%[34]. - The company reported a significant reduction in non-operating expenses due to cost-cutting measures, including relocation of office premises[24]. - The company effectively controlled three major expense categories, resulting in significant reductions in office rental and financial costs[44]. - The company has developed over 200 types of sewing machines across seven major series, holding 256 valid patents as of mid-2018[33]. Market and Sales Performance - The sales revenue from sewing machines accounted for 99.97% of total operating revenue, amounting to CNY 600,524,868.99, which is a 42.02% increase from CNY 422,841,630.81 in the previous year[50]. - The company has established a marketing network consisting of approximately 300 primary distributors, enhancing brand visibility and market reach[32]. - The company expanded its domestic operational centers from six to nine, optimizing sales channels and increasing market share[39]. - The company’s subsidiary, Zhejiang Zhongjie Sewing Technology Co., achieved a revenue growth of 42.29% year-on-year, with a net profit increase of 523.96% during the reporting period[86]. Strategic Initiatives - The company has engaged in strategic partnerships and acquisitions to enhance its market position and expand its product offerings[69]. - The company decided to stop investment in the original special machine technology transformation project and instead focus on acquiring 51% equity in Jiaxing Dayu Sewing Equipment Manufacturing Co., aiming for resource integration and mutual benefits[68]. - The company has implemented various projects aimed at technological upgrades and production capacity enhancements[69]. - The company has consistently returned idle raised funds after the specified usage periods, demonstrating effective capital management[69]. Legal and Compliance Matters - The company initiated legal proceedings against Shuo Da Mining on July 10, 2018, seeking the principal amount of RMB 127 million and a penalty of RMB 4.953 million[100]. - The company has engaged Sichuan Licheng Mining Evaluation Consulting Co., Ltd. to assess the value of mining rights, which was reported at RMB 12.18 million for mining rights and RMB 257.50 million for exploration rights[99]. - The company has reported no bankruptcy reorganization matters during the reporting period[101]. - The company is involved in multiple lawsuits, with a significant case against Hangzhou Asset Management involving RMB 68.81 million[102]. Environmental and Social Responsibility - The company’s subsidiary, Zhongjie Technology, has installed an online monitoring system for environmental compliance, which has passed inspection by environmental authorities[126]. - The company has established an emergency response plan for environmental incidents, including a dedicated emergency response team[126]. - The company’s subsidiary has been compliant with pollution discharge standards, with no reported exceedances[126]. Shareholder and Governance - The company has not distributed cash dividends or bonus shares for the half-year period[94]. - The total number of shares held by directors and senior management increased by 395,000 shares during the reporting period, bringing the total to 470,000 shares[152]. - The company did not engage in any repurchase transactions during the reporting period[146]. - The number of shareholders holding ordinary shares at the end of the reporting period was 32,409, with significant shareholders including Zhejiang Zhongjie Huanzhou Supply Chain Group holding 17.45% and Ningbo Yuanxi Equity Investment Partnership holding 16.42%[144].

第一节 重要提示 中捷资源投资股份有限公司 2018 年第一季度报告全文 中捷资源投资股份有限公司 2018 年第一季度报告全文 2018 年 4 月 1 中捷资源投资股份有限公司 2018 年第一季度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司一季度财务报告经公司内部审计部门审计，未经会计师事务所审计。 公司负责人周海涛、主管会计工作负责人叶丽芬及会计机构负责人(会计主 管人员)叶丽芬声明：保证季度报告中财务报表的真实、准确、完整。 2 中捷资源投资股份有限公司 2018 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 307,124,952.30 | 244,511,510.68 | 25.61% | | 归属于上市公司股 ...

Financial Performance - The company's operating revenue for 2017 was ¥1,002,449,149.53, representing a 55.60% increase compared to ¥644,257,129.97 in 2016[16] - The net profit attributable to shareholders for 2017 was a loss of ¥93,208,019.80, a decrease of 699.20% from a profit of ¥15,555,357.60 in 2016[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥95,370,161.91, which is a 32.37% improvement from a loss of ¥141,017,962.54 in 2016[16] - The net cash flow from operating activities for 2017 was ¥42,622,805.18, a significant turnaround from a negative cash flow of ¥4,213,537.82 in 2016, marking an increase of 1,111.57%[16] - The basic earnings per share for 2017 was -¥0.14, compared to ¥0.02 in 2016, reflecting an 800.00% decrease[16] - The diluted earnings per share for 2017 was also -¥0.14, consistent with the basic earnings per share[16] - The weighted average return on net assets for 2017 was -9.48%, a decline of 11.01 percentage points from 1.53% in 2016[16] - Operating profit for 2017 was -¥92,791,281.50, a significant decline from a profit of ¥9,032,231.74 in 2016, mainly due to the absence of significant non-recurring gains[46] - Net profit attributable to shareholders was -¥93,208,019.80, down 699.20% from ¥15,555,357.60 in 2016, primarily due to a decrease in operating profit[46] Revenue and Sales - Total revenue for 2017 reached ¥1,002,449,149.53, a 55.60% increase compared to ¥644,257,129.97 in 2016, primarily driven by increased sales of industrial sewing machines[46] - Main business income rose to ¥1,001,704,055.73, reflecting a 55.88% increase from ¥642,591,703.65 in 2016, attributed to a recovery in the sewing machine industry and growing market demand[48] - The company achieved sales revenue of industrial sewing machines of 1.002 billion yuan in 2017, representing a year-on-year growth of 55.88%[37] - Total revenue for Q4 2017 was CNY 318,814,656.96, showing an increase from Q3 2017[21] - Domestic market revenue surged by 103.19% to ¥692,214,161.87, representing 69.10% of total revenue, while international market revenue increased by 2.51% to ¥309,489,893.86[51] - Sales of machine heads accounted for 94.36% of total revenue, generating ¥945,183,095.01, with a year-on-year growth of 61.14%[51] - The company sold 484,529 units of specialized sewing equipment in 2017, a 61.39% increase from 300,221 units in 2016[55] Assets and Liabilities - Total assets at the end of 2017 were CNY 1,757,737,165.36, an increase of 0.68% compared to the end of 2016[17] - Cash and cash equivalents decreased by 45.74% compared to the beginning of the period, primarily due to investments in production and operations[31] - Accounts receivable increased by 39.60% compared to the beginning of the period, driven by expanded sales scale and increased operating income[31] - The company's inventory at the end of the reporting period was 239,965,134.29 yuan, accounting for over 10% of total assets, primarily due to seasonal production planning[76] - The company's accounts payable increased to ¥82,310,000, representing 4.68% of total assets, up from 2.09% the previous year, primarily due to increased payment settlements by its subsidiary Zhejiang Zhongjie Sewing Technology Co., Ltd.[81] - The company recorded an asset impairment of 19,375,881.12 yuan, which accounted for 21.81% of total profit, primarily due to bad debt losses and inventory write-downs[73] Research and Development - Research and development expenditure increased by 65.86% to ¥31,170,309.41, reflecting the company's commitment to enhancing product development[49] - The company has developed over 200 new sewing machine products across seven series, holding 197 valid patents as of the end of 2017[33] - The company plans to continue increasing research and development of high-speed, fully automatic, and intelligent sewing equipment to enhance market share[77] - The company’s R&D investment increased by 65.86% year-on-year, reaching ¥31,170,309.41, with the number of R&D personnel rising by 69.81% to 180[69] Marketing and Sales Strategy - The company is focusing on optimizing its sales network and enhancing the sales of key products, particularly special machines like template machines and roller machines[36] - The company has established a marketing network of approximately 300 primary distributors, enhancing brand visibility and market reach[32] - The company launched a new brand strategy in 2017, including celebrity endorsements, which positively impacted brand awareness and market presence[40] - The company plans to optimize its product structure and increase market sales efforts while controlling costs to achieve a stable and improving business performance[44] Financial Management - The company’s financial expenses increased by 154.72% year-on-year, influenced by a depreciating US dollar and rising average bank loan scales[37] - The company’s income tax expense increased by 372.12% year-on-year to ¥8,898,864.97, primarily due to the reversal of deferred tax assets[68] - The company’s management expenses rose by 20.80% year-on-year to ¥64,675,021.44, attributed to increased advertising and exhibition costs[68] - The company reported a significant increase in construction in progress, rising to 8,624,205.53 yuan, reflecting ongoing projects[76] Corporate Governance and Compliance - The audit report for the financial statements was issued by Lixin Certified Public Accountants with an unqualified opinion[4] - The company has not reported any changes in its main business since its listing[15] - The company has not engaged in any research, communication, or interview activities during the reporting period[116] - The company has made commitments regarding competition and related party transactions, which are currently being fulfilled[123] - There were no significant accounting errors requiring restatement during the reporting period[129] Legal Matters - The company has ongoing significant litigation matters, with amounts involved reaching up to 12.04 million CNY[134] - The total amount of litigation claims against the company is approximately 23.64 million CNY[135] - The company has successfully executed judgments in multiple cases, with amounts totaling over 8.1 million CNY[135] - The company is currently executing judgments related to several other claims, with amounts still pending[135] Employee and Management Information - The total number of employees in the company is 1,494, with 1,436 in major subsidiaries and 15 in the parent company[199] - The company has a professional composition of 826 production personnel, 166 sales personnel, 281 technical personnel, 79 financial personnel, and 142 administrative personnel[199] - The total remuneration for independent directors in 2017 amounted to 168,000 RMB, with each independent director receiving 100,000 RMB annually[196] - The chairman of the board received a total remuneration of 3.29 million RMB, while the general manager received 1.69 million RMB[198] Environmental Compliance - The company has obtained the "Pollutant Discharge Permit" issued by the environmental protection department[167] - The company has installed an online monitoring system for environmental self-monitoring, which has passed the environmental protection department's acceptance[168] - The company has engaged a qualified third party for the disposal of hazardous waste generated during production[168] - The company has established an emergency response plan for environmental incidents, including a comprehensive emergency command structure[167]

中捷资源投资股份有限公司 2017 年第三季度报告正文 证券代码：002021 证券简称：中捷资源 公告编号：2017-065 中捷资源投资股份有限公司 2017 年第三季度报告正文 2017 年 10 月 1 中捷资源投资股份有限公司 2017 年第三季度报告正文 第一节 重要提示 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,791,873,448.89 | 1,745,811,466.96 | | 2.64% | | 归属于上市公司股东的净资产 | 971,823,447.71 | | 1,029,579,936.86 | -5.61% | | （元） | | | | | | | 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） | 260,316,563.45 | 83.85% | 683,634,492.57 | 42.15% | | 归属于上市公司股东的净利润 （元） | - ...