Financial Performance - The company's operating revenue for the first half of 2020 was ¥77,076,186.44, a decrease of 34.85% compared to ¥118,310,327.13 in the same period last year[15]. - The net profit attributable to shareholders was a loss of ¥23,729,357.97, which is a decline of 161.89% from a loss of ¥9,060,715.13 in the previous year[15]. - The net cash flow from operating activities was -¥18,747,040.61, a significant drop of 205.45% compared to ¥17,778,572.59 in the same period last year[15]. - The basic earnings per share were -¥0.10, reflecting a 150.00% decrease from -¥0.04 in the previous year[15]. - Total assets at the end of the reporting period were ¥387,225,736.00, down 18.08% from ¥472,714,240.62 at the end of the previous year[15]. - The net assets attributable to shareholders decreased by 42.25% to ¥41,564,946.66 from ¥71,972,064.99 at the end of the previous year[15]. - The gross profit margin for the oil and gas extraction service industry was reported at -12.31%, reflecting a decrease in profitability compared to the previous year[44]. - The company's revenue decreased by 34.85% compared to the same period last year, primarily due to the dual impact of the pandemic and falling oil prices, leading to reduced workload and settlement prices in domestic operations[46]. - The net profit of the subsidiary "Zhun Oil Transportation" decreased by 160.94% compared to the same period last year, mainly due to increased vehicle depreciation and reduced settlement prices[60]. - The net profit of the subsidiary "Zhun Oil Chemical" decreased by 58.84% as there was no revenue during the reporting period[61]. - The net profit of the subsidiary "Zhun Oil Tianshan" decreased by 629.31% due to currency depreciation and increased exchange losses[61]. Cash Flow and Assets - The company experienced a significant decrease in cash funds, down by CNY 24.90 million, a reduction of 41.91% compared to the beginning of the year, primarily due to repayment of short-term loans and payments to suppliers[24]. - Cash and cash equivalents at the end of the reporting period amounted to ¥34,521,220.57, representing 8.92% of total assets, an increase of 1.49% from the previous year[49]. - Accounts receivable decreased by CNY 58.89 million, a reduction of 37.36%, attributed to a decline in revenue during the reporting period[24]. - Inventory increased by CNY 2.87 million, an increase of 639.28%, due to a reduction in the consumption of specialized inventory materials[24]. - The company reported a significant increase in financial expenses, rising by 131.12% to ¥8,446,467.28 due to a higher proportion of high-interest borrowings[41]. - The company reported a credit impairment loss of CNY 2,414,628.99 in the first half of 2020, compared to a gain of CNY -2,331,680.89 in the first half of 2019[145]. - The total liabilities were CNY 345,660,789.34, down from CNY 400,742,175.63, showing a decrease of about 14%[137]. - The company's equity attributable to shareholders decreased to CNY 41,564,946.66 from CNY 71,972,064.99, a decline of approximately 42%[138]. Strategic Initiatives - The company adjusted its organizational structure by establishing new departments to enhance market development and internal control, including a "Production Technology and Market Department" and a "Strategic Development Department"[31]. - The company actively sought to reduce reliance on single business lines and regions, successfully entering new markets such as the Changqing Oilfield and Southwest Oil and Gas Field[32]. - The company has established a new technology promotion center to enhance its technical capabilities and has collaborated with research institutions for technology development[26]. - The company emphasized quality in its services, achieving certifications in quality management and safety standards, which are integral to its competitive advantage[27]. - The company plans to control fixed asset investment progress to reduce depreciation costs in response to market changes[32]. - The company plans to seek expansion into high-value, technology-driven services to reduce reliance on a single industry and ensure sustainable growth[64]. Risks and Compliance - The company faces risks including industry concentration, customer concentration, policy changes, and oil price fluctuations[4]. - The company has been actively enhancing its internal control systems and legal compliance, with a 57% reduction in ongoing litigation cases compared to the same period last year[37]. - The company emphasizes maintaining a QHSE management system to mitigate safety production risks associated with operations in hazardous oilfield areas[65]. - The company has committed to ensuring the independence of its operations and financials, with no reported violations of these commitments during the reporting period[71]. - The company guarantees that it will not illegally transfer funds or profits from the listed company through related transactions after the completion of the acquisition[73]. - The company has committed to ensuring that its operations and management are independent from its controlling shareholders and related parties[75]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 17,261[117]. - The largest shareholder, Huzhou Yanrun Investment Management Partnership, holds 55,738,278 shares, representing 23.30% of the total[118]. - Li Meiping, an individual shareholder, holds 8,503,019 shares, accounting for 3.56% of the total[118]. - Zhejiang Zhuque Investment Management Co., Ltd. holds 7,682,433 shares, which is 3.21% of the total, with an increase of 2,718,300 shares during the reporting period[118]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[119]. Legal and Regulatory Matters - The company reported a litigation case involving an amount of 51.7766 million yuan, which has been fully provisioned for[84]. - There are six minor litigation cases with a total amount of 8.2974 million yuan, with some cases forming expected liabilities[85]. - The company has not experienced any bankruptcy reorganization during the reporting period[83]. - The half-year financial report has not been audited[82]. - The company has not engaged in any related party transactions during the reporting period[90]. Investment Activities - The report indicates that the company has been involved in various investment activities, including the acquisition of oil and gas assets in Kazakhstan, which was completed in 2015[106]. - A merger loan of $19.25 million was applied for to meet the funding requirements of the acquisition[106]. - The company reported a sale of a 7% stake in a Dutch energy company for 141 million RMB[106]. - The company has made provisions for asset impairment related to its investments in certain energy companies[106]. - The company received notifications regarding the dissolution and liquidation of its investment in a Dutch energy company in 2020[106]. Financial Reporting and Accounting - The financial report was approved by the company's board on August 25, 2020[180]. - The company adheres to the accounting policies set forth by the Ministry of Finance, ensuring accurate financial reporting[183]. - The company’s accounting period runs from January 1 to December 31 each year[184]. - The company’s operating cycle is defined as 12 months[185]. - The company adopts RMB as its functional currency for accounting purposes[186].

Financial Performance - The company's operating revenue for 2019 was CNY 302,076,097.84, representing a 16.00% increase compared to CNY 260,411,296.47 in 2018[15] - The net profit attributable to shareholders for 2019 was CNY 51,887,037.83, a significant turnaround from a loss of CNY 340,108,743.90 in 2018, marking a 115.26% improvement[15] - The net cash flow from operating activities reached CNY 50,807,627.06, a remarkable increase of 338.69% from a negative cash flow of CNY 21,285,635.58 in the previous year[15] - Basic earnings per share for 2019 were CNY 0.22, compared to a loss of CNY 1.42 per share in 2018, reflecting a 115.49% increase[15] - The total assets of the company at the end of 2019 were CNY 472,714,240.62, up 16.66% from CNY 405,203,573.62 at the end of 2018[15] - The net assets attributable to shareholders increased by 278.58% to CNY 71,972,064.99 from CNY 19,011,237.76 in 2018[15] - The weighted average return on equity for 2019 was 111.75%, a significant recovery from -183.95% in 2018, indicating improved profitability[15] - The company reported a net profit of -42,757,256.99 CNY for 2019, leading to a cumulative distributable profit of -462,368,269.59 CNY, resulting in no cash dividends or stock bonuses for the year[91] - The cash dividend policy for the past three years has been consistent, with no cash dividends or stock bonuses declared for 2017, 2018, and 2019[86] Revenue and Market Dynamics - The company achieved a total revenue of CNY 302.08 million for the year 2019, representing a year-on-year growth of 16.00%[31] - The industrial segment, including oil technology and oilfield management, contributed ¥248,224,821.72, accounting for 82.17% of total revenue, with a significant growth of 36.63% year-over-year[38] - The domestic revenue reached ¥302,076,097.84, marking a 17.31% increase from ¥257,502,955.88 in the previous year, while international revenue dropped to zero, a 100% decrease[38] - The construction segment saw a significant decline in revenue, dropping by 49.31% year-over-year to ¥24,285,792.95[38] - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2022[139] Operational Efficiency and Management - The company optimized its organizational structure and improved management models, enhancing budget management and legal compliance processes[31] - The company has streamlined and standardized 27 management systems to enhance compliance and management efficiency[33] - The company has established a strong management team with expertise in energy, resources, and investment, ensuring high-quality and efficient operations[69] - The company has implemented training programs focusing on corporate culture, professional skills, and safety production training[188] - The company has established a complete and independent business operation system, including production planning, financial accounting, and human resources management, ensuring it operates independently from the major shareholder[194] Investment and Future Outlook - The company plans to invest 72.99 million CNY in operational investments for 2020, including 35.37 million CNY for equipment updates and 37.62 million CNY for new investments[79] - The company aims to achieve over 300 million CNY in oil service revenue in 2020, maintaining a growth trend[79] - The company has identified significant development opportunities with the discovery and development of two major oil fields in Xinjiang, which have reserves of over 1 billion tons each[74] - The company is focusing on enhancing its technical capabilities and service quality in dynamic monitoring, continuous tubing, and downhole operations to become a leading enterprise in the region[77] - The company is positioned to benefit from the opening of the oil and gas exploration and extraction market to private and foreign capital, which is expected to invigorate the industry[68] Risk Management and Compliance - The company faces risks related to industry concentration, policy changes, and oil price fluctuations, which may impact future performance[5] - The management emphasizes the importance of monitoring macroeconomic conditions and market dynamics for future strategic planning[5] - The company has committed to ensuring the independence of its financial operations and maintaining the integrity of its assets[93] - The company maintains a QHSE management system to minimize safety risks in hazardous operational areas, aiming for zero accidents and pollution[82] - The company has a robust internal audit system that adheres to relevant laws and regulations, ensuring compliance and effective internal control[192] Shareholder and Governance Structure - The company has a total of 18,928 shareholders at the end of the reporting period[150] - The largest shareholder, Huzhou Yanrun Investment Management Partnership, holds 23.30% of the shares, totaling 55,738,278 shares[150] - The company has a diverse board with members holding various professional backgrounds, including finance, law, and engineering[169] - The company’s governance structure appears to be stable, with all current board members serving their terms without any changes[165] - The company has independent financial management, conducting its accounting and tax obligations separately from the major shareholder[195] Legal and Regulatory Matters - The company is actively addressing legal disputes, with a total claim amount of 51.77 million RMB currently under litigation[139] - The company has been actively disclosing updates on litigation matters through various announcements[142] - The company received feedback from the China Securities Regulatory Commission (CSRC) on its non-public offering application on November 13, 2019[140] - The company adjusted its non-public offering plan in response to CSRC feedback on March 10, 2020[140] - The company has not reported any non-operating fund occupation by its controlling shareholders or related parties during the reporting period[96]

Financial Performance - Revenue for Q1 2020 was ¥21,744,879.05, a decrease of 35.10% compared to ¥33,504,336.10 in the same period last year[8] - Net profit attributable to shareholders was -¥14,714,878.29, representing a decline of 131.51% from -¥6,356,003.03 year-over-year[8] - Basic and diluted earnings per share were both -¥0.06, a 100% decrease compared to -¥0.03 in the previous year[8] - Operating revenue fell by 35.10% to ¥21,744,879.05, primarily impacted by reduced workload due to the pandemic[15] - Net profit decreased by 131.51% to -¥14,714,878.29, attributed to a decline in operating income while fixed costs remained unchanged[15] - Comprehensive loss totaled CNY 7,807,567.57, compared to a comprehensive loss of CNY 10,153,467.60 in the previous year[43] - The total comprehensive income for the first quarter was -12,115,639.22 CNY, compared to -32,186,842.52 CNY in the same period last year, showing an improvement[46] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 66.74%, from ¥12,477,921.79 to ¥4,150,538.86[8] - Cash inflow from operating activities totaled 82,543,690.33 CNY, while cash outflow was 78,393,151.47 CNY, resulting in a net cash inflow[48] - The company reported cash and cash equivalents at the end of the period of 35,157,554.44 CNY, down from 50,080,979.16 CNY at the beginning of the period, reflecting a decrease of 29.8%[50] - The company experienced a net increase in cash and cash equivalents of -14,923,424.72 CNY during the quarter, contrasting with a net increase of 1,896,100.34 CNY in the previous year[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥384,141,554.33, down 18.74% from ¥472,714,240.62 at the end of the previous year[8] - Total current assets decreased from CNY 249.40 million to CNY 147.91 million, a decline of approximately 40.67%[32] - Total liabilities decreased from CNY 400.74 million to CNY 319.98 million, a reduction of about 20.14%[34] - The company's total equity attributable to shareholders decreased from CNY 71.97 million to CNY 64.16 million, a decline of approximately 10.51%[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,437[11] - The largest shareholder, Huzhou Yanrun Investment Management Partnership, held 23.30% of the shares, totaling 55,738,278 shares[11] - The company did not report any related party transactions or agreements among the top shareholders during the reporting period[12] Investment and Financing Activities - The company signed a share purchase agreement to transfer 100% equity of Zhendanjiji Investment to Force Investment for a price of $8 million[18] - The company has been involved in various announcements regarding asset impairment provisions and overseas investment project progress[19] - The company has reported on the sale of its subsidiary's 100% equity in Zhendanjiji Energy[19] - The company paid 10,000,000.00 CNY in debt repayments during the quarter, compared to 3,060,225.00 CNY in the previous year[50] Legal and Regulatory Matters - The company is involved in legal disputes with Zhong'an Rongjin, with a total claim amount of 51.7766 million yuan, including 28.0637 million yuan for the first case and 23.7129 million yuan for the second case[20] - The company continues to monitor and respond to inquiries from the Shenzhen Stock Exchange regarding its annual reports and other financial matters[19] - The company submitted a non-public offering application to the China Securities Regulatory Commission, which was accepted on October 8, 2019[21] Other Financial Metrics - Financial expenses surged by 211.74% to ¥4,406,394.34, reflecting higher borrowing costs from related parties[15] - The company reported a credit impairment loss of CNY 2,276,713.82, improving from a loss of CNY 1,742,247.41 last year[41] - Total operating costs increased to CNY 39,227,148.39 from CNY 38,518,682.83, with operating costs specifically at CNY 31,458,253.11 compared to CNY 33,494,588.01 last year[41]

新疆准东石油技术股份有限公司 2019 年第三季度报告全文 新疆准东石油技术股份有限公司 2019 年第三季度报告 2019 年 10 月 1 新疆准东石油技术股份有限公司 2019 年第三季度报告全文 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人孙德安、主管会计工作负责人张超及会计机构负责人(会计主管 人员)刘艳声明：保证季度报告中财务报表的真实、准确、完整。 2 新疆准东石油技术股份有限公司 2019 年第三季度报告全文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 384,392,267.91 | | 405,203,573.62 | -5.14% | | 归属于上市公司股东的净资产 | 12,491,61 ...

Financial Performance - The company's operating revenue for the first half of 2019 was ¥118,310,327.13, representing a 30.36% increase compared to ¥90,759,383.34 in the same period last year[16]. - The net profit attributable to shareholders was -¥9,060,715.13, an improvement of 19.80% from -¥11,297,767.14 in the previous year[16]. - The net cash flow from operating activities was ¥17,778,572.59, a significant increase of 135.92% compared to -¥49,488,944.03 in the same period last year[16]. - The total assets at the end of the reporting period were ¥380,699,365.66, a decrease of 6.05% from ¥405,203,573.62 at the end of the previous year[16]. - The net assets attributable to shareholders decreased by 63.26% to ¥6,984,778.98 from ¥19,011,237.76 at the end of the previous year[16]. - The basic earnings per share improved to -¥0.04 from -¥0.05, reflecting a 20.00% increase[16]. - The diluted earnings per share also improved to -¥0.04 from -¥0.05, indicating a 20.00% increase[16]. - The company reported a total comprehensive loss of ¥12,026,458.78 for the first half of 2019, slightly better than the loss of ¥12,273,815.95 in the same period of 2018[144]. - The company reported a net loss of CNY 509.36 million, compared to a loss of CNY 500.30 million in the previous period[134]. - The company reported a total equity attributable to the parent company at the end of the current period was CNY 84,329,723.44, down from CNY 350,770,795.14 in the previous period[168]. Operational Highlights - The company provides integrated oilfield dynamic monitoring and enhanced oil recovery technology services, positioning itself as a strong player in the western region's oilfield service market[24]. - The company has established a comprehensive technical service capability, including data acquisition, interpretation, and application, as well as production increase measures and effectiveness evaluation[24]. - The company has a competitive edge in technology and construction integration, allowing it to offer a full range of solutions for oilfield technical services[30]. - The company emphasizes quality in both technology and service, which is a key component of its core competitiveness[31]. - The company is focusing on enhancing its technology promotion and application capabilities, with significant investments in the two-inch continuous oil pipe project showing positive results in various applications[37]. - The company is adjusting its business revenue structure by increasing investment in new projects, particularly in response to the discovery of two major oil fields in Xinjiang[34]. Investment and Financial Management - The company plans to invest 84.65 million yuan in fixed assets for 2019, with 32.43 million yuan already implemented in the first half[35]. - The company has implemented a centralized financial management model, resulting in a management cost saving of 2.26 million yuan compared to the budget in the first half of the year[33]. - The company reported a decrease in financial expenses by 77.54% to RMB 3,654,594.00, attributed to reduced exchange losses and lower interest rates on acquisition loans[43]. - The company plans to leverage the capacity construction of Xinjiang Oilfield Company and Tarim Oilfield Company to maximize production capacity and improve gross profit levels in the second half of the year[41]. Legal and Compliance Issues - The company is involved in a significant lawsuit with a claim amounting to 51.7766 million yuan, related to a private lending dispute[82]. - There are currently other minor lawsuits with a total claim amount of 1.92 million yuan, which partially form expected liabilities[83]. - The company has not received any judgments or decisions regarding the ongoing lawsuits, and no final verdicts have been formed yet[83]. - The company has continued to fulfill its information disclosure obligations regarding overseas investment projects and litigation cases, ensuring timely updates for investors[41]. Shareholder and Governance - The company held two temporary shareholder meetings with investor participation rates of 24.09% and 24.64% respectively[74]. - The actual controller and related parties have fulfilled their commitments regarding the independence of the company and its assets, with no violations reported during the period[77]. - The company has not experienced any changes in its controlling shareholder during the reporting period[115]. - The total number of ordinary shareholders at the end of the reporting period is 20,525[113]. Risk Factors - The company faces risks from customer concentration and intensified market competition, particularly in the oil and gas service sector in Xinjiang[71]. - The company reported a risk of personnel casualties and property losses due to operations in hazardous oilfield areas, with measures in place to maintain effective QHSE management systems[72]. Future Outlook - The company expects a net profit of CNY -600 to -100 million for the first nine months of 2019, an improvement from a net loss of CNY -1,728.26 million in the same period last year[70]. - For the third quarter of 2019, the company anticipates a net profit of CNY 3 to 8 million, compared to a loss of CNY -598.48 million in the same quarter of the previous year[70]. - The company is actively involved in the election of new board members and management, reflecting ongoing governance changes[124]. Accounting and Financial Reporting - The semi-annual financial report for 2019 was not audited, which may impact the reliability of the financial data presented[129]. - The company adheres to the enterprise accounting standards, ensuring that its financial statements accurately reflect its financial position and performance[184]. - The company has implemented specific accounting policies for bad debt provisions, inventory, and fixed asset depreciation, which are crucial for financial reporting accuracy[182].

新疆准东石油技术股份有限公司 XINJIANG ZHUNDONG PETRO TECH CO., LTD 证券代码: 002207 证券简称:ST 准油 公告编号:2019-065 新疆准东石油技术股份有限公司 关于参加新疆辖区上市公司 2019 年 投资者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。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资计划、 股权激励、可持续发展等投资者所关心的问题，公司定于 2019 年 7 月 26 日下午 15:00-17:30 参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2019 年新疆辖区上市公司投资者集体接待日活动。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（微信号：p5w2012），参与公司本次投资者集体接待日活动， 活动时间为 2019 年 7 月 26 日（星期五）15:00 至 17 ...

Financial Performance - Revenue for Q1 2019 was CNY 33,504,336.10, representing an increase of 18.06% compared to CNY 28,379,410.63 in the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 6,356,003.03, an improvement of 60.51% from a loss of CNY 16,096,053.24 in the previous year[8] - Basic and diluted earnings per share improved to -CNY 0.03, up 57.14% from -CNY 0.07 in the previous year[8] - Operating income rose by 18.06% to ¥33,504,336.10, attributed to increased workload compared to the previous period[17] - Net profit improved by 60.51% to -¥6,356,003.03, driven by increased operating income and reduced costs[17] - The net profit for the current period was -¥6,356,003.03, improving from -¥16,096,053.24 in the previous period, indicating a reduction in losses by approximately 60.5%[40] - The gross profit margin improved, with operating profit moving from -¥16,013,622.81 to -¥6,756,594.14, reflecting a significant operational improvement[40] Cash Flow - Net cash flow from operating activities was CNY 12,477,921.79, a significant increase of 162.71% compared to a negative cash flow of CNY 19,898,401.35 in the same period last year[8] - Cash flow from operating activities turned positive with a net inflow of ¥12,477,921.79, a significant improvement from -¥19,898,401.35 in the previous period[17] - Total cash inflow from operating activities was ¥91,048,408.03, while cash outflow was ¥78,570,486.24, resulting in a net cash inflow of ¥12,477,921.79[47] - The company reported a significant reduction in tax payments, with cash outflow for taxes decreasing to ¥2,248,091.18 from ¥4,953,966.45 in the previous year, indicating improved tax efficiency[47] Assets and Liabilities - Total assets decreased by 17.56% to CNY 334,050,912.41 from CNY 405,203,573.62 at the end of the previous year[8] - Current liabilities decreased from CNY 333,397,851.67 to CNY 272,398,658.06, a reduction of about 18.3%[31] - Total liabilities decreased from CNY 386,192,335.86 to CNY 325,193,142.25, a decrease of approximately 15.8%[31] - Owner's equity decreased from CNY 19,011,237.76 to CNY 8,857,770.16, a decline of about 53.4%[32] - The company’s long-term liabilities remained stable at CNY 52,794,484.19[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,680[13] - The largest shareholder, Huzhou Yanrun Investment Management Partnership, held 23.30% of the shares, totaling 55,738,278 shares[13] Operational Efficiency - The company is focusing on improving operational efficiency and reducing costs to enhance profitability in future periods[40] - The company reported a decrease in cash outflow for purchasing goods and services, which was ¥50,736,609.00 in Q1 2019 compared to ¥81,316,756.86 in Q1 2018, reflecting improved cost management[47] - The company’s management expenses decreased to ¥3,376,456.27 from ¥4,769,432.18, a reduction of approximately 29.3%[38] - Financial expenses were reduced to ¥1,413,504.15 from ¥2,365,037.60, a decrease of about 40.3%[38] Market and Strategic Position - The company has not reported any significant changes in user data or market expansion strategies during this quarter[55] - There were no new products or technologies mentioned in the report, suggesting a focus on existing operations[55] - The company did not disclose any mergers or acquisitions in the first quarter, indicating a stable operational strategy[55]

Financial Performance - The company's operating revenue for 2018 was CNY 260,411,296.47, representing a 26.17% increase compared to CNY 206,396,643.37 in 2017[17]. - The net profit attributable to shareholders was CNY -340,108,743.90, a significant decrease of 3,538.37% from CNY 9,891,580.72 in the previous year[17]. - The net cash flow from operating activities improved by 54.29%, reaching CNY -21,285,635.58, compared to CNY -46,569,673.89 in 2017[17]. - Total assets decreased by 45.82% to CNY 405,203,573.62 at the end of 2018, down from CNY 747,857,239.93 at the end of 2017[17]. - The net assets attributable to shareholders dropped by 94.58% to CNY 19,011,237.76, compared to CNY 350,770,795.14 in 2017[17]. - The basic earnings per share were CNY -1.42, reflecting a decline of 3,650.00% from CNY 0.04 in the previous year[17]. - The weighted average return on net assets was -183.95%, a decrease of 186.80% from 2.85% in 2017[17]. - The company reported a net profit attributable to shareholders of CNY -322.83 million in Q4, with a total annual net loss due to asset impairment provisions[21]. - The company’s net profit for 2018 was -322,479,266.76, leading to a total distributable profit of -418,423,275.29, indicating a negative profit distribution situation[104]. Revenue and Profitability - The gross profit from the main business was CNY 16.85 million, up CNY 4.28 million, or 34.03% year-on-year[32]. - The revenue from the oil and gas extraction service sector accounted for 100% of total operating revenue, with industrial products contributing CNY 181,680,089.24, or 69.77% of the total[49]. - The company reported a gross profit margin of 6.47% for the oil and gas extraction service sector, with operating costs amounting to CNY 243,560,289.07[51]. - The domestic revenue was CNY 257,502,955.88, which is 98.88% of total revenue, showing a 25.13% increase from the previous year[49]. - The construction segment saw a significant revenue increase of 43.34%, reaching CNY 47,913,342.40 in 2018[49]. - The company’s foreign revenue increased by 372.79%, amounting to CNY 2,908,340.59, compared to CNY 615,141.73 in 2017[49]. Cash Flow and Investments - The cash flow from operating activities turned positive in Q4, amounting to CNY 33.62 million[21]. - Long-term equity investments decreased by CNY 190.59 million, a 100% decline, primarily due to investment loss recognition and impairment provisions[27]. - The company’s cash and cash equivalents decreased by CNY 95.45 million, a 69.79% drop, mainly due to loan repayments and increased fixed asset investments[27]. - The company provided integrated oilfield dynamic monitoring and enhanced recovery technology services, establishing a strong market relationship with major clients[26]. - The company has committed to invest 22,348,000 CNY in various projects, with 21,172,290 CNY already invested, achieving a progress rate of 94.76%[74]. Risk Factors and Challenges - The company faces risks including industry concentration, client concentration, and potential safety and environmental incidents[4]. - The company is actively addressing low-efficiency overseas investments, particularly in Kazakhstan, where it faces significant financial burdens due to continuous losses and currency depreciation[41]. - The company has recognized an investment loss of 141.48 million yuan and made an impairment provision of 49.02 million yuan for its 28% stake in Zhendanjiji Energy, significantly impacting its performance[81]. - The international oil price fluctuated upwards in 2018, breaking through $85 per barrel in September, but sharply declined in October due to supply-demand imbalances and geopolitical events[82]. Corporate Governance and Compliance - The company has fulfilled its commitments regarding the independence of the listed company and has not engaged in any competitive activities with its controlling shareholder[106]. - The company guarantees that related transactions will be conducted at fair prices, determined by independent third-party benchmarks[110]. - The company has committed to ensuring the independence of its personnel, assets, finances, and operations to avoid potential competition with its listed subsidiary, Zhun Oil Co., Ltd.[112]. - The company has established a policy to limit share transfers during employment and for six months post-employment, capping annual transfers at 25% of total shares held[110]. Future Outlook and Strategic Plans - The company plans to continue leveraging industry recovery opportunities while addressing legacy issues from previous management[32]. - The company aims to enhance its core competitiveness by focusing on high-margin, sustainable oil service businesses and increasing investment in technology barriers[89]. - The company plans to purchase two nitrogen production equipment, with one already procured using its own funds and the other currently in use after being purchased with raised funds[74]. - The company is considering strategic acquisitions to bolster its market position, with a budget of 100 million allocated for potential deals[182]. Employee and Management Structure - The total number of employees in the company is 814, with 596 in the parent company and 218 in major subsidiaries[189]. - The total remuneration for directors and senior management during the reporting period amounts to 498.88 million[188]. - The company maintains a strict salary policy linked to economic performance and individual contributions[191]. - The management team has undergone significant changes, with several key executives resigning and new appointments made to strengthen leadership[171]. Shareholder Information - The largest shareholder, Huzhou Yanrun Investment Management Partnership, holds 23.30% of the shares, totaling 55,738,278 ordinary shares[156]. - The company reported a total shareholding of 2,338,896 shares held by directors, supervisors, and senior management as of the end of the reporting period[167]. - The company has not reported any changes in the controlling shareholder or actual controller during the reporting period[161]. - The company has not conducted any repurchase transactions among the top shareholders during the reporting period[156].

新疆准东石油技术股份有限公司 2018 年第一季度报告全文 新疆准东石油技术股份有限公司 2018 年第一季度报告 新疆准东石油技术股份有限公司 2018 年第一季度报告全文 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。 一、主要会计数据和财务指标 所有董事均已出席了审议本次季报的董事会会议。 2019 年 04 月 1 公司负责人王金伦、主管会计工作负责人宗振江及会计机构负责人(会计主 管人员)刘艳声明：保证季度报告中财务报表的真实、准确、完整。 2 新疆准东石油技术股份有限公司 2018 年第一季度报告全文 第二节 公司基本情况 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） | 28,379,410.63 | 20,806,886.76 | 36.39% | | 归属于上市公司股东的净利润（元） | -16,096,053.24 | 6 ...

Financial Performance - Operating revenue for the reporting period was CNY 79,642,701.87, an increase of 34.37% year-on-year [8]. - Net profit attributable to shareholders was a loss of CNY 5,984,814.69, a decrease of 602.99% compared to the same period last year [8]. - Basic earnings per share were CNY -0.025, a decrease of 600.00% year-on-year [8]. - The weighted average return on net assets was -1.71%, a decrease of 2.03% compared to the previous year [8]. - The net profit attributable to shareholders decreased by 138.70% to -¥17,282,581.83, with no equity sale gains and increased losses from an associate company [16]. - Basic earnings per share fell by 138.05% to -0.0723, reflecting a significant reduction in net profit [16]. - The company expects a net loss for the year 2018, with an estimated range of -14,000 to -7,000 thousand yuan [22]. - The net profit attributable to shareholders for 2017 was 989.16 thousand yuan [23]. Cash Flow and Assets - The net cash flow from operating activities was a negative CNY 5,420,856.95, an increase of 45.98% in loss compared to the previous year [8]. - The company's cash and cash equivalents decreased by 85.31% to ¥20,094,421.77 due to reduced bank loans and payments to suppliers [16]. - Cash flow from operating activities improved by 27.48% to -¥54,909,800.98 due to increased business collections [16]. - Investment activities generated a net cash flow of -¥16,325,651.55, a 146.80% increase in cash outflow due to prepayments for equipment [16]. - Prepayments increased by 680.10% to ¥25,133,632.89 as the company made advance payments for equipment purchases [16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 27,731, with the top 10 shareholders holding 23.30% of the shares [11]. - The largest shareholder, Huzhou Yanrun Investment Management Partnership, held 55,738,278 shares [11]. - The company did not engage in any repurchase transactions during the reporting period [13]. Expenses and Liabilities - The company reported a 36.15% increase in financial expenses to ¥24,894,939.27, primarily due to increased exchange losses [16]. - Management expenses decreased by 35.83% to ¥16,457,149.43 due to streamlining management and controlling non-production expenditures [16]. - Short-term borrowings decreased by 72.54% to ¥18,000,000.00 as the company repaid bank loans during the reporting period [16]. Legal and Regulatory Matters - The company faced legal disputes resulting in the freezing of bank accounts totaling approximately 1.1 million yuan [20]. - The company received approval to lift the delisting risk warning on its stock as of September 11, 2018 [20]. - No non-operating fund occupation by controlling shareholders or related parties during the reporting period [25]. - No entrusted financial management activities during the reporting period [26]. - No violations of external guarantees during the reporting period [24]. - No research, communication, or interview activities conducted during the reporting period [27]. Future Outlook and Strategic Decisions - The company anticipates increased foreign exchange losses and investment losses due to the appreciation of the US dollar [23]. - There have been no gains from equity transfers, property sales, or government subsidies compared to the same period last year [23]. - Despite improvements in the main business operations, revenue and gross profit have increased year-on-year [23]. - The company reversed a provision of 26.03 million yuan that was accrued in 2017, contributing to the current year's financial outlook [23]. - The company terminated certain fundraising investment projects and will permanently supplement working capital with 36.3467 million yuan of remaining funds [20]. - The company has extended a merger loan of 19.25 million USD for an additional 1 year and 6 months [20].