证券代码：002183 证券简称：怡亚通 深圳市怡亚通供应链股份有限公司投资者关系活动记录表 编号：2022－012 | --- | --- | --- | --- | --- | --- | --- | |-------------------------|----------------------------------|-------------------------|---------------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | □特定对象调研 □分析师会议 | | | | | | | | □媒体采访 □业绩说明会 | | | | | | | 投资者关系活动类 | □新闻发布会 | □路演活动 | | | | | | 别 | 现场参观 | | | | | | | | □其他 | | | | | | | 参与单位名称及人 员姓名 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥30,524,173,745, a decrease of 15.44% compared to ¥36,097,231,008 in the same period last year[26]. - Net profit attributable to shareholders was ¥135,011,553, down 47.53% from ¥257,288,659 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥118,442,321, a decline of 53.72% compared to ¥255,901,487 in the same period last year[26]. - The net cash flow from operating activities was -¥267,263,620, a significant drop of 118.72% from ¥1,427,642,640 in the previous year[26]. - Basic earnings per share decreased by 58.33% to ¥0.05 from ¥0.12 in the same period last year[26]. - The total profit was 128 million yuan, down 51.41% year-on-year, while the net profit attributable to the parent company was 135 million yuan, a decline of 47.53%[52]. - Revenue from the distribution and marketing of consumer goods reached 27.475 billion yuan, a year-on-year decrease of 19.34%[52]. - The company's brand operation service revenue across various sectors was 1.533 billion yuan, down 5.75% from the previous year[60]. - The liquor segment generated revenue of 385.68 million yuan, a decrease of 30.53% compared to the previous year[61]. Assets and Liabilities - Total assets at the end of the reporting period were ¥46,042,006,070, an increase of 6.47% from ¥43,245,756,424 at the end of the previous year[26]. - Net assets attributable to shareholders increased by 1.99% to ¥8,745,894,048 from ¥8,575,360,783 at the end of the previous year[26]. - Cash and cash equivalents increased by 409.02% to ¥1,256,594,120, primarily due to increased borrowings from financial institutions[69]. - The company has increased its investment in inventory, which rose to ¥7,114,191,920, representing 15.45% of total assets[73]. - The company has increased its short-term borrowings to ¥18,613,010,751, which now accounts for 40.43% of total liabilities[73]. Strategic Initiatives - The company aims to expand its own brand business in sectors like liquor, home appliances, food, and daily chemicals, leveraging successful experiences in the liquor sector[36]. - The company is actively exploring high-value business opportunities in high-tech and new energy sectors to enhance revenue scale[35]. - The company has established a deep distribution network covering over 320 cities in China and Southeast Asia, enhancing market competitiveness[38]. - The company operates six regional distribution centers, providing logistics services across more than 300 cities in over 30 provincial-level administrative regions[46]. - The company is expanding its supply chain services into previously untapped industrial sectors to mitigate the impact of the pandemic[51]. - The company is focusing on high-margin self-owned brands in various sectors, including air purification and high-end dairy products, to meet consumer demand[60]. Risk Management - The company has not identified any significant risks that could materially affect its operations during the reporting period[6]. - The company has outlined potential risks and corresponding mitigation measures in the report[6]. - The company is exposed to foreign exchange risk due to substantial foreign currency transactions and plans to use forward foreign exchange contracts to hedge this risk[107]. - The company faces high financial risk due to significant accounts receivable and inventory costs, leading to a high asset-liability ratio[107]. - The company plans to strengthen cash management and improve collection efforts on accounts receivable to mitigate financial risks[107]. Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company approved a stock option incentive plan with a total of 77.91 million options granted at a price of 5.49 yuan per option[119]. - The number of incentive recipients for the stock option plan was adjusted from 182 to 181 due to one recipient's departure[119]. - The company emphasizes talent development and recruitment to enhance human resource efficiency[106]. - The company is committed to improving its internal control and risk management systems[106]. Social Responsibility - The company actively participated in pandemic prevention efforts, ensuring the supply of medical and daily necessities during outbreaks in Shenzhen, Shanghai, and Beijing[128]. - The logistics team managed over 100 deliveries daily to supermarkets and community group purchases in Shanghai during the pandemic[135]. - The company coordinated with local governments to donate and deliver essential supplies during the Shanghai outbreak[132]. - The company has contributed approximately CNY 150,000 annually to support the Longan Hope Primary School since 2002, enhancing educational facilities and teacher training[141]. - In March 2022, the company donated nearly CNY 300,000 worth of hygiene supplies to frontline workers in response to the pandemic[141]. Legal and Compliance - There were no significant legal disputes or non-compliance issues reported during the period[162][163]. - The company is involved in multiple legal disputes, with amounts claimed ranging from 1,200 million to 1,443.96 million, all reported to have no significant impact[175]. - The company has ongoing bankruptcy liquidation cases involving claims of 2,018.68 million, with no significant impact reported[173]. - The company has reported that it is in the process of executing on claims related to disputes totaling over 1,000 million[181]. - The company has a significant number of ongoing legal cases, with total claims exceeding 10,000 million across various disputes[175]. Market Outlook - The company expects a revenue growth of 10% for the second half of 2022, driven by new product launches and market expansion strategies[155]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2023[155]. - A strategic acquisition of a logistics firm is anticipated to enhance operational efficiency and is expected to be completed by Q4 2022[155].

深圳市怡亚通供应链股份有限公司 2022 年第一季度报告全文 证券代码：002183 证券简称：怡亚通 公告编号：2022-056 深圳市怡亚通供应链股份有限公司 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 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 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|--------- ...

Financial Performance - In 2021, the company achieved total revenue of 70.251 billion RMB, a year-on-year increase of 2.92%[4] - The net profit attributable to shareholders reached 506 million RMB, representing a year-on-year growth of 310.29%[4] - The basic earnings per share increased to 0.22 RMB, up 266.67% compared to the previous year[4] - Return on equity (ROE) improved from 2.07% to 7.12%[4] - The company's operating revenue for 2021 was ¥70,207,669,020, representing a 3.06% increase compared to ¥68,120,326,033 in 2020[34] - The net profit attributable to shareholders in 2021 was ¥506,462,583, a significant increase of 310.29% from ¥123,440,187 in 2020[34] - The net profit after deducting non-recurring gains and losses was ¥434,269,330 in 2021, compared to a loss of ¥118,318,749 in 2020, marking a 467.03% improvement[35] - The total assets at the end of 2021 were ¥43,245,756,424, reflecting a 2.17% increase from ¥42,328,425,595 at the end of 2020[35] - The net assets attributable to shareholders increased by 43.56% to ¥8,575,360,783 at the end of 2021, compared to ¥5,973,449,389 at the end of 2020[35] - The net cash flow from operating activities in 2021 was ¥1,589,308,096, a decrease of 24.24% from ¥2,097,739,784 in 2020[35] Business Expansion and Strategy - The company expanded its distribution network to cover over 600 cities and more than 20,000 towns in China, supported by over 18,000 distribution nodes[4] - The company raised over 2.22 billion RMB through private placements in 2021, enhancing its innovation capabilities in new business areas[10] - The company has established a partner system to leverage experienced entrepreneurs across various sectors, including fast-moving consumer goods[6] - The company aims to create long-term value for shareholders, focusing on high-margin and high-value-added businesses to improve revenue proportions[10] - The company anticipates significant market demand in the fast-moving consumer goods sector as China's GDP per capita exceeds $10,000[12] - The company has developed a suite of digital tools, including apps like Yitong Tianxia and Yaogou, to enhance operational efficiency and resource allocation for clients[13] - The company aims to enhance brand influence and market share for upstream brand owners through customized brand operation services[56] - The company has launched its own brand in the high-end liquor sector, leveraging successful experiences from customized brand operations[56] - The company is expanding its global service network to meet the needs of partners for globalization[64] Innovation and Technology - The company emphasizes the importance of innovation and is focused on expanding its market presence and capabilities in the new consumption era[12] - The company recognizes the transformative power of technology in driving business change and human progress[13] - The company utilizes big data to enhance operational efficiency and respond to consumer preferences, thereby optimizing supply chain value[50] - The company is committed to reducing reliance on pure capital projects and transitioning to a model that emphasizes both capital and operational capabilities[112] - The company will continue to push for business model upgrades to enhance brand operation capabilities and improve profit margins[112] Corporate Governance and Management - The company expresses gratitude to its major shareholder for their support in governance and business innovation[11] - The company held 14 shareholder meetings during the reporting period, ensuring compliance with legal requirements and equal treatment of all shareholders[123] - The board of directors convened 21 meetings, with independent directors constituting over 50% of the board, ensuring compliance with regulations[125] - The supervisory board held 18 meetings, effectively overseeing the company's financial status and compliance of directors and senior management[127] - The company maintains a complete and independent asset structure, with no disputes or potential disputes regarding ownership with the controlling shareholder[132] - The company has established an independent financial center with a dedicated accounting system, ensuring no interference from the controlling shareholder in financial decisions[134] Employee and Talent Development - The total number of employees at the end of the reporting period is 8,034, with 544 in the parent company and 7,490 in major subsidiaries[164] - The company has implemented a labor contract system in accordance with the Labor Contract Law of the People's Republic of China, ensuring compliance with national labor regulations[165] - The company has established a comprehensive talent training program through its Supply Chain University, focusing on management, operations, and marketing skills[167] - The "358 system" for employee promotion training aims to enhance learning engagement and knowledge sharing among employees[167] Social Responsibility and Community Engagement - The company played a crucial role in supplying medical and living materials during the pandemic, ensuring timely delivery of resources to frontline areas[185] - The company supplied nearly 40 billion RMB worth of daily necessities, fresh food, and medical supplies to over 500 cities across 48 provinces by December 2021[187] - The company donated over 14 million RMB for the salaries and social security of teachers at Chang'an Hope Primary School in 2021[194] - The company actively participated in the formulation of national vocational skill standards for supply chain management[191] Financial Risks and Management - The company faces financial risks due to high accounts receivable and inventory costs, which may lead to increased asset-liability ratios[115] - The company will implement measures to improve cash flow and manage financial risks associated with macroeconomic conditions[115] - The company will use forward foreign exchange contracts to mitigate currency fluctuation risks and enhance cash management capabilities[115] Future Outlook - The company expects a revenue growth guidance of 10% for the next quarter, projecting revenues to reach 1 billion RMB[149] - New product launches are anticipated to contribute an additional 5% to overall revenue in the upcoming fiscal year[148] - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share by the end of the year[149]

证券简称：怡亚通 证券代码：002183 公告编号：2021-202 深圳市怡亚通供应链股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造良好生态" 上市公司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。 为进一步加强与投资者的互动交流工作，深圳市怡亚通供应链股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"沟通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投 资者网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司董事会秘书夏镔先生和财务总监莫京先生将通过网络文字交流形 式与投资者进行沟通。欢迎广大投资者积极参与。 特此公告。 深圳市怡亚通供应链股份有限公 ...

Financial Performance - The company's operating revenue for Q3 2021 reached ¥16,997,701,926, representing a year-on-year increase of 14.69%[4] - Net profit attributable to shareholders was ¥158,105,709, a significant increase of 667.10% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥150,550,148, reflecting a remarkable growth of 1,411.73% year-on-year[4] - The basic earnings per share for the period was ¥0.06, up 500.00% from the previous year[4] - Net profit for the current period was ¥368.52 million, compared to ¥42.30 million in the previous period, indicating a significant increase[33] - Basic earnings per share for 2021 are projected to be between CNY 0.22 and CNY 0.24, indicating a growth of 266.67% to 300.00% compared to the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥42,404,669,057, showing a slight increase of 0.18% from the end of the previous year[4] - Total liabilities as of September 30, 2021, were CNY 32,044,524,203, down from CNY 34,104,876,720 at the end of 2020[29] - Total assets amounted to ¥42,328,425,595, a decrease of ¥290,725,794 compared to the previous period[48] - Total liabilities reached ¥34,104,876,720, reflecting a decrease of ¥290,725,794 from the prior period[48] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,084,685,379, an increase of 7.92% year-on-year[4] - Cash flow from operating activities was ¥59.80 billion, an increase from ¥49.98 billion in the previous period[36] - The net cash inflow from operating activities was CNY 1,084,685,379, an increase from CNY 1,005,118,667 in the previous period, reflecting a growth of approximately 7.7%[39] - The net cash inflow from financing activities was CNY -502,538,149, a decrease from CNY -411,165,201, showing a decline of around 22.3%[42] Investments and Income - The company reported a significant increase in investment income of 31.06%, amounting to ¥276,871,162, attributed to higher returns from joint ventures[10] - The company recorded investment income of ¥276.87 million, up from ¥211.26 million in the previous period[33] - Interest income fell by 60.72% to ¥39,545,255, reflecting the reduction in small loan operations[10] - Interest income decreased to ¥39.55 million from ¥100.68 million, indicating a shift in financial performance[30] Expenses - The company’s sales expenses surged by 137.88% to ¥749,385,626, driven by increased brand operation and marketing costs[10] - The company’s income tax expense rose dramatically by 592.59% to ¥85,007,660, reflecting an increase in total profit for the period[10] - Research and development expenses increased to ¥7.27 million from ¥5.88 million, showing a focus on innovation[33] Shareholder Equity - Shareholders' equity attributable to the parent company reached ¥8,506,795,158, marking a 42.41% increase compared to the end of the previous year[6] - The company's equity attributable to shareholders increased to CNY 8,506,795,158 from CNY 5,973,449,389, marking a growth of approximately 42.5%[29] Business Operations - The company signed a contract with Shenzhen Yifeng Cloud Intelligence Technology Co., Ltd. for a project worth CNY 17 million, indicating ongoing business expansion efforts[20] - The company is actively optimizing its financing structure through a non-public offering of new shares, aimed at reducing financing costs[19] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32] Other Financial Metrics - The company recognized government subsidies related to normal business operations amounting to ¥10,366,158 for the current period[6] - The company reported a decrease of 44.88% in receivables financing, down to ¥261,044,660, primarily due to a reduction in bank acceptance bills[7] - The company disposed of trading financial assets, resulting in a 100% decrease in this category, which was previously valued at ¥157,408,579[7] - The company experienced a net loss in other comprehensive income of ¥38.96 million, compared to a loss of ¥59.53 million in the previous period[34] Accounting and Reporting - The report for the third quarter was not audited, indicating preliminary figures[52] - The company has adopted the revised accounting standards for leases effective January 1, 2021, impacting asset recognition[51]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 36,097,231,008, representing a 25.62% increase compared to CNY 28,735,611,779 in the same period last year[26]. - Net profit attributable to shareholders for the first half of 2021 reached CNY 257,288,659, a significant increase of 323.91% from CNY 60,694,103 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was CNY 255,901,487, compared to a loss of CNY 105,973,940 in the same period last year, marking a 341.48% improvement[26]. - The net cash flow from operating activities was CNY 1,427,642,640, an increase of 807.85% from CNY 157,254,542 in the previous year[26]. - Basic and diluted earnings per share for the first half of 2021 were both CNY 0.12, a 300% increase from CNY 0.03 in the same period last year[26]. - The weighted average return on equity was 4.21%, up from 1.02% in the previous year, reflecting a 3.19% increase[26]. - Total assets at the end of the reporting period were CNY 41,486,544,716, a decrease of 1.99% from CNY 42,328,425,595 at the end of the previous year[26]. - Net assets attributable to shareholders increased to CNY 6,162,363,358, a 3.16% increase from CNY 5,973,449,389 at the end of the previous year[26]. - The total profit for the period was 2.64 billion CNY, an increase of 711.22% compared to the same period last year[51]. - The net profit attributable to the parent company reached 2.57 billion CNY, up 323.91% year-on-year[51]. Revenue Breakdown - The company achieved total revenue of 36.13 billion CNY in the first half of 2021, representing a year-on-year growth of 25.44%[51]. - The brand operation segment generated revenue of 1.63 billion CNY, with a year-on-year growth of 192.09% and a gross profit of 292 million CNY, increasing by 213.03%[53]. - The wine brand operation business achieved revenue of 555 million CNY, a significant increase of 300.17% compared to the previous year[53]. - The IT and communication sector reported revenue of 516.58 million CNY, a year-on-year increase of 56.42%[54]. - The textile and apparel sector saw revenue of 225.83 million CNY, reflecting a growth of 158.46% year-on-year[54]. - The total revenue for the distribution and marketing segment reached RMB 34.063 billion, representing a year-on-year growth of 21.95%[55]. - Revenue distribution across various industries includes IT and communication at RMB 6.624 billion (up 95.46%), home appliances at RMB 7.614 billion (up 6.67%), and industrial raw materials at RMB 3.086 billion (up 133.16%)[55]. Strategic Initiatives - The company aims to build the largest B2B2C integrated distribution platform and brand incubation platform in China, leveraging the growing domestic consumption market[51]. - The company has established a global service network, enhancing its ability to meet the needs of partners in a globalized market[45]. - The company is focusing on digital transformation and the development of new apps to enhance brand operation and resource sharing for small and medium enterprises[65]. - The company plans to incubate several proprietary brands in the beverage, home appliance, and daily chemical sectors in the second half of the year[61]. - The company is actively optimizing its financing structure through private placements and shutting down less profitable operations to enhance overall profitability[71]. - The company is focusing on expanding its logistics and supply chain management services, which are expected to drive future growth[82]. - The company plans to continue investing in new product development and technology to drive future growth and improve operational efficiency[91]. Risk Management - The company has outlined potential risk factors and countermeasures in its management discussion and analysis section[7]. - Financial risks are present due to high accounts receivable and inventory costs, leading to a high asset-liability ratio; the company plans to enhance cash collection efforts and implement strict fund management[103]. - The company is exposed to foreign exchange risks due to significant foreign currency transactions and plans to use forward foreign exchange contracts to mitigate these risks[103]. - The company has established a comprehensive management system and is focusing on compliance management and internal control to mitigate management risks[100]. Social Responsibility and Community Engagement - The company is committed to fulfilling its social responsibilities and has implemented various management systems to ensure accurate and timely information disclosure[115]. - The company has actively engaged in social responsibility initiatives, providing approximately 150,000 RMB annually to support the Chang'an Hope Primary School in Guangdong[127]. - In the first half of 2021, the company contributed over 70,000 RMB towards the salaries and social security of teachers at the Chang'an Hope Primary School[129]. - The company has conducted investor engagement activities, including an investor open day, to strengthen communication and showcase its supply chain service model[115]. Legal and Compliance Issues - The company reported a total of 1,215,000 CNY involved in a shareholder capital contribution dispute, with the case already adjudicated and awaiting execution[139]. - A contract dispute involving 968,170 CNY is currently under forced execution, with no significant impact reported[139]. - The company is involved in a sales contract dispute amounting to 3,182,610 CNY, which is pending a second-instance judgment[139]. - A total of 3,280,040 CNY is involved in another contract dispute, which is also under forced execution[139]. - The company has a pending second-instance hearing for a sales contract dispute with an amount of 2,134,260 CNY[142]. - A contract dispute with a total of 2,660,890 CNY is currently awaiting judgment after a hearing[142]. - The company is engaged in a contract dispute involving 2,018,680 CNY, which has been reported for debt claims[145]. - A total of 6,901,540 CNY is involved in a contract dispute that is currently in the first-instance stage[148]. - The company has reported no significant impact from ongoing litigation and disputes[169].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 18,675,649,050, representing a 35.41% increase compared to CNY 13,791,681,715 in the same period last year[7]. - Net profit attributable to shareholders was CNY 102,644,676, a significant increase of 341.17% from CNY 23,266,567 in the previous year[7]. - The net cash flow from operating activities reached CNY 739,735,830, marking a 469.90% increase from CNY 129,800,418 in the same period last year[7]. - Basic and diluted earnings per share were both CNY 0.05, up 400% from CNY 0.01 in the previous year[7]. - The weighted average return on equity was 1.70%, an increase of 1.31% compared to 0.39% in the same period last year[7]. - The company reported a total comprehensive income for the quarter of CNY 96,284,499, compared to CNY 60,127,364 in the previous year, indicating overall growth in financial performance[68]. - The net profit for Q1 2021 was CNY 55,917,533, a significant increase from CNY 2,077,879 in Q1 2020, representing a growth of approximately 2,590%[72]. - Operating profit reached CNY 63,239,669, compared to CNY 3,350,568 in the same period last year, indicating a growth of about 1,788%[72]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 41,761,350,551, a decrease of 1.34% from CNY 42,328,425,595 at the end of the previous year[7]. - Total liabilities decreased from ¥34,104,876,720.00 to ¥33,603,066,468.00, a decline of approximately 1.47%[49]. - Total non-current assets decreased from ¥9,272,494,885.00 to ¥9,223,382,030.00, a decline of approximately 0.53%[46]. - The total liabilities increased to CNY 24,782,797,602 from CNY 24,514,278,817, reflecting a growth in financial obligations[64]. - The company's total equity rose to CNY 4,576,281,646, compared to CNY 4,520,235,215 in the previous year, showing a positive trend in shareholder equity[64]. Cash Flow - The net cash flow from operating activities was CNY 739,735,830, a substantial rise from CNY 129,800,418 in Q1 2020[79]. - Cash flow from financing activities showed a net outflow of CNY -1,267,525,250, compared to a net inflow of CNY 1,196,049,934 in the same quarter last year[82]. - The cash inflow from operating activities totaled CNY 25,909,043,476, compared to CNY 18,520,752,516 in the previous year, indicating a growth of approximately 40%[79]. - The net cash flow from investing activities was ¥641,488,215.00, up from ¥507,775,890.00, marking an increase of around 26%[88]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,841, with the largest shareholder holding 18.30% of the shares[11]. - Net assets attributable to shareholders increased to CNY 6,078,470,862, reflecting a 1.76% increase from CNY 5,973,449,389 at the end of the previous year[7]. Expenses and Investments - Sales expenses surged by 251.40% to CNY 317,976,106, driven by increased brand operation and marketing costs[25]. - Research and development expenses for the quarter were CNY 2,415,123, up from CNY 1,988,861, indicating an increase in investment in innovation[61]. - The company reported a significant decrease in investment income, down 71.18% to CNY 41,886,655, due to the disposal of equity in a subsidiary in the previous year[25]. Risk Management - The company faced foreign exchange risks in its supply chain management business, utilizing derivative financial instruments to manage these risks[10]. Other Information - The company implemented new leasing standards, resulting in the recognition of right-of-use assets and lease liabilities totaling CNY 289,690,557[25]. - The first quarter report was not audited[102].

Revenue and Profit Performance - In 2020, the company achieved a revenue of over 30 billion CNY in the consumer sector, ranking among the top in the national market[10]. - The daily chemical products segment generated a revenue of 7 billion CNY, with leading brands including L'Oréal, Procter & Gamble, and Yunnan Baiyao[10]. - The mother and baby products segment reported a revenue of 6.5 billion CNY, featuring top products from Meisu, Feihe, and Mead Johnson[10]. - The food and beverage segment reached a revenue of 5 billion CNY, with major brands like Yihai Kerry, Mengniu, and Yili[10]. - The liquor segment achieved a revenue of 4.5 billion CNY, with top brands including Moutai, Diaoyutai, and Guotai[10]. - The small home appliances segment generated a revenue of 8 billion CNY, with leading brands such as Philips, Midea, and Supor[10]. - The company's operating revenue for 2020 was ¥68,120,326,033, a decrease of 5.17% compared to ¥71,833,668,500 in 2019[38]. - The net profit attributable to shareholders for 2020 was ¥123,440,187, representing a 36.94% increase from ¥90,141,722 in 2019[38]. - The net cash flow from operating activities was ¥2,097,739,784, down 19.75% from ¥2,613,956,558 in the previous year[38]. - Basic earnings per share for 2020 were ¥0.06, a 50% increase from ¥0.04 in 2019[38]. - The total assets at the end of 2020 were ¥42,328,425,595, a slight increase of 1.02% from ¥41,901,282,105 at the end of 2019[41]. - The weighted average return on net assets was 2.07% at the end of 2020, up from 1.53% at the end of 2019[41]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥118,318,749, an improvement from -¥159,493,734 in 2019[38]. - Total revenue for the fourth quarter reached CNY 24.56 billion, marking a significant increase compared to previous quarters[44]. - Net profit attributable to shareholders for the fourth quarter was CNY 42.14 million, showing a recovery from earlier losses[44]. - The net cash flow from operating activities in the fourth quarter was CNY 1.09 billion, indicating strong cash generation capabilities[44]. - Non-recurring losses for the year totaled CNY 241.76 million, slightly down from CNY 249.64 million in the previous year[49]. Strategic Initiatives and Future Plans - The company plans to deepen cooperation with several liquor companies in Guizhou Moutai Town to establish a joint brand operation company in 2021[11]. - The company has laid out a strategy focusing on the livelihood industry, integrating supply chain services to strengthen local industries[14]. - The company aims to build a robust platform ecosystem to adapt to changing market demands and technological advancements[5]. - The company is focusing on brand operation and management, particularly in the high-end liquor sector, to enhance brand value[56]. - The company is investing in new projects, including the construction of its headquarters in Qianhai, with an increase in construction in progress by CNY 117 million[59]. - The company plans to expand its market presence through strategic acquisitions and new product developments in the supply chain management sector[106]. - The company aims to build a large consumer ecosystem platform, leveraging data to drive C2M brand innovation[124]. - The company plans to continue deepening its focus on the consumer sector and building a smart supply chain platform, aiming for a unified system across all operational modules within 2-3 years[127]. - The company will enhance its own brand operations, replicating successful models from the liquor industry to other categories such as daily chemicals and home appliances[127]. Subsidiary Performance - Shenzhen Yiatong Supply Chain Co., Ltd. reported a net profit of RMB 8,051,993 from its subsidiary Shenzhen Yushang Microloan Co., Ltd., contributing over 10% to the company's net profit[104]. - Shanghai Yiatong Supply Chain Co., Ltd. generated operating revenue of RMB 2,750,978,835 with a net profit of RMB 45,031,294, indicating strong performance in logistics and supply chain management[104]. - The subsidiary Shenzhen Yiatong Deep Supply Chain Management Co., Ltd. achieved operating revenue of RMB 1,214,088,641 and a net profit of RMB 7,578,778, reflecting its success in liquor wholesale and supply chain management[104]. - The subsidiary Guangxi Yiatong Daze Deep Supply Chain Management Co., Ltd. reported an operating revenue of RMB 1,704,265,007 and a net profit of RMB 9,510,859, showcasing its effective supply chain consulting services[107]. - Shenzhen Qianhai Xintong Construction Supply Chain Co., Ltd. generated operating revenue of RMB 572,580,377 with a net profit of RMB 15,266,115, contributing positively to the overall performance[107]. - The total revenue for Shenzhen Yiatong Supply Chain Co., Ltd. was RMB 1,528,186,212, with a year-on-year increase of 661,340,441[116]. - The company reported a net profit of RMB 94,982,019, reflecting a significant improvement compared to the previous period[116]. - The subsidiary Guizhou Yiatong Deep Supply Chain Management Co., Ltd. generated revenue of RMB 268,394,528, with a profit of RMB 97,217,989[116]. - The revenue from the subsidiary Zhejiang Baicheng Group Co., Ltd. reached RMB 1,371,700,575, with a profit of RMB 94,724,917[116]. - The subsidiary Beijing Zhuoyou Yunzhi Technology Co., Ltd. reported revenue of RMB 243,057,495, with a profit of RMB 9,407,123[116]. Financial Management and Risks - The company faces market competition risks due to the increasing number of players in the supply chain management sector, including traditional logistics and new entrants[130]. - Financial risks include high asset-liability ratios due to significant funding needs and potential impacts from macroeconomic conditions[131]. - The company is exposed to foreign exchange risks due to its involvement in foreign currency settlements and plans to mitigate this through forward foreign exchange contracts[132]. - The company has committed to avoiding competition with its controlling shareholder and related parties, ensuring no direct or indirect competition in business operations[145]. - The company has a long-term commitment to maintain independence in personnel, assets, finance, and operations from its controlling shareholder[150]. - The company has not experienced any major related party transactions during the reporting period[188]. Accounting and Compliance - The company has no discrepancies between financial reports prepared under international accounting standards and those under Chinese accounting standards[42]. - The company did not implement any stock incentive plans or employee shareholding plans during the reporting period[175]. - The company has not made any changes to accounting policies or estimates compared to the previous year's financial report[163]. - The company engaged Da Hua Accounting Firm for auditing services, with a fee of ¥4,500,000, and has maintained this auditor for 10 consecutive years[170]. - The company reported related party transactions amounting to ¥118,633,630 with Guangxi Dongrong Supply Chain Co., Ltd., which is a joint venture[178]. - The company has a total of 192.2535 million approved external guarantees, with actual guarantees during the reporting period amounting to 36.117 million[198]. - The company has not engaged in any significant asset or equity acquisition or sale transactions during the reporting period[185]. - The company has a minimum cash dividend ratio of 20% in profit distribution when significant capital expenditures are planned[144]. - The company has committed to fair pricing in related transactions and will disclose such transactions in a timely manner[148]. - The company implemented the new revenue recognition standard starting January 1, 2020, resulting in a decrease in revenue by ¥4,524,161,642 compared to the previous standard, with reported revenue of ¥68,256,101,533[166].

Financial Performance - Operating revenue for the reporting period was CNY 14,820,152,950, representing a year-on-year decrease of 13.64%[9] - Net profit attributable to shareholders of the listed company was CNY 20,610,840, an increase of 116.18% year-on-year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -11,477,250, a decrease of 356.45% compared to the same period last year[9] - Basic earnings per share for the reporting period was CNY 0.01, an increase of 33.33% compared to the previous year[9] - The company expects a cumulative net profit of RMB 9,014.17 million for the year, with a potential increase of up to 50% compared to the previous year[35] - The net profit for the period was CNY 17,219,509, compared to CNY 5,155,677 in the same period last year, indicating a significant improvement[66] - The net profit attributable to the parent company was 81,304,943.00, an increase from 71,082,709.00 in the previous period, reflecting a growth of approximately 14.5%[84] Cash Flow - The net cash flow from operating activities was CNY 847,864,125, an increase of 25.36% year-on-year[9] - Net cash flow from operating activities decreased by 51.57% to RMB 1,005,118,667, attributed to changes in cash flow from the financial platform[29] - The cash flow from operating activities totaled 60,599,442,248.00, slightly up from 59,928,538,598.00 in the previous period[95] - Net cash flow from operating activities was 1,005,118,667.00, a decrease of 51.6% compared to 2,075,389,587.00 in the previous period[98] - The net cash received from other operating activities was 10,516,856,836.00, significantly higher than 5,932,638,182.00 in the previous period, showing an increase of approximately 77.5%[95] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 41,987,520,897, a decrease of 0.21% compared to the end of the previous year[9] - The company's total assets increased to CNY 29,251,115,100 from CNY 28,352,171,506, showing growth in asset base[60] - The company's total liabilities increased to CNY 33.66 billion from CNY 33.48 billion, marking a rise of about 0.6%[51] - The total liabilities increased to CNY 24,811,103,861 from CNY 23,904,153,462, indicating a rise in financial obligations[60] - The company's long-term borrowings decreased to CNY 1.42 billion from CNY 1.54 billion, reflecting a decline of about 7.8%[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 101,022[13] - The largest shareholder, Shenzhen Investment Holdings Co., Ltd., held 18.30% of the shares, totaling 388,453,701 shares[13] Revenue Recognition and Accounting Changes - The company implemented the new revenue recognition standard starting January 1, 2020, resulting in the reclassification of advance receipts to contract liabilities[119] - The company implemented new revenue recognition standards from January 1, 2020, adjusting prepayments to contract liabilities[130] Research and Development - Research and development expenses decreased by 46.33% to RMB 5,881,637, reflecting a reduction in capitalized R&D expenditures[29] - Research and development expenses were reduced to CNY 2,031,257 from CNY 4,449,747, suggesting a potential shift in focus or efficiency improvements[63] Financial Management - The company reported a decrease in interest expenses to CNY 293,829,773 from CNY 519,284,252, reflecting improved financial management[63] - Interest income decreased by 34.31% to RMB 100,678,460, primarily due to a contraction in supply chain financial services[29] Other Income and Gains - The company reported non-recurring gains of CNY 198,756,133 during the reporting period[12] - Other income increased by 130.71% to RMB 46,871,712, mainly due to an increase in government subsidies received[29] Investment Activities - The company achieved an investment income of CNY 10,662,645, compared to a loss of CNY 887,082 in the previous period[74] - The investment income for the current period was 30,110,355.00, compared to a loss of 6,892,709.00 in the previous period, indicating a turnaround[88] Comprehensive Income - The total comprehensive income attributable to the parent company is CNY -73,723,470, compared to CNY 58,801,401 in the previous period[70] - The total comprehensive income for the current period was -17,234,409.00, a stark contrast to 125,503,871.00 in the previous period, indicating a substantial decline[87]