Financial Performance - The company's operating revenue for the first half of 2015 was CNY 695,665,807.84, representing a 236.19% increase compared to CNY 206,925,084.11 in the same period last year[19]. - The net profit attributable to shareholders of the listed company reached CNY 84,848,765.96, a significant increase of 1,550.95% from CNY 5,139,382.89 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 66,765,728.53, up 1,150.76% from CNY 5,338,028.35 year-on-year[19]. - The net cash flow from operating activities was CNY 68,782,676.48, an increase of 1,096.45% compared to CNY 5,748,873.34 in the same period last year[19]. - Basic earnings per share rose to CNY 0.13, a 333.33% increase from CNY 0.03 in the previous year[19]. - The weighted average return on net assets was 5.11%, an increase of 4.28% compared to 0.83% in the previous year[19]. - The company achieved a consolidated revenue of CNY 695.67 million, representing a year-on-year increase of 236.19% due to the inclusion of Nanjing Aotega's financials[27]. - The net profit attributable to shareholders reached CNY 84.85 million, a significant increase of 1550.95% compared to the previous year[27]. Asset and Equity Growth - Total assets at the end of the reporting period were CNY 5,387,593,929.85, a 651.38% increase from CNY 717,022,764.94 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company increased to CNY 3,682,728,800.82, up 484.22% from CNY 630,365,556.95 at the end of the previous year[19]. - The company's total liabilities surged by 1826.62%, increasing from 86,657,207.99 to 1,669,559,041.96, resulting in an asset-liability ratio of 30.99%[104]. - The total equity attributable to the parent company at the end of the reporting period was 488,728,900.00 CNY, with an increase of 650,873,059.00 CNY during the period[149]. Major Transactions and Acquisitions - The company is planning a major asset restructuring, including the cash acquisition of 100% equity in AIR INTERNATIONAL THERMAL (LUXEMBOURG) S.À R.L., AIR INTERNATIONAL THERMAL (BELGIUM) NV, and AITS US INC.[4]. - The company completed the acquisition of 100% equity in Nanjing Aotega, which expanded the consolidated financial reporting scope to include the wholly-owned subsidiary Nanjing Aotega New Energy Technology Co., Ltd.[64]. - The company completed the acquisition of 100% equity in Nanjing Aotega for a total transaction price of 265 million RMB, with 39.75 million RMB paid in cash and the remaining 225.25 million RMB through share issuance at a price of 4.56 RMB per share[159]. Research and Development - The company's R&D investment amounted to CNY 13.16 million, marking a 100% increase due to the consolidation of Nanjing Aotega[31]. - Aotegia has accumulated 124 patents, including 11 invention patents, showcasing its strong R&D capabilities in automotive air conditioning compressors[37]. - The company is actively engaged in research and development of new products and technologies in the field of new energy[62]. Market Position and Strategy - The automotive air conditioning compressor business, acquired through the purchase of 100% equity in Nanjing Aotega, contributed CNY 45.59 million in revenue during the reporting period[28]. - Nanjing Aotegia holds over 40% market share in the domestic automotive air conditioning compressor market, making it a leading enterprise in the industry[37]. - The company plans to continue expanding its market presence in the electric compressor segment, which is expected to be a new profit growth point[28]. - The company has established long-term strategic partnerships with major clients such as General Motors Wuling, BYD, and Chery, ensuring stable business development[40]. Financial Management and Reporting - The audit of the semi-annual financial report was conducted by Lixin Accounting Firm, with a fee of 650,000 RMB[96]. - The company received a standard unqualified audit opinion from Lixin Accounting Firm for the half-year report[118]. - The company confirms that its financial statements accurately reflect its financial position, operating results, and cash flows in accordance with accounting standards[163]. Shareholder Information - The company has a total of 179,550,000 ordinary shares held by its largest shareholder, which is unrestricted[107]. - The company’s major shareholder, Jiangsu Diaojia Holding Group, maintained a 16.73% stake post-restructuring, down from 42.54%[104]. - The total number of ordinary shareholders at the end of the reporting period was 21,126[106]. Dividend Policy - The company has proposed a cash dividend of CNY 0.10 per 10 shares (including tax) based on a base of 1,072,973,059 shares[4]. - The company plans to distribute a cash dividend of 0.10 yuan per 10 shares, totaling 10,729,730.59 yuan, which represents 100% of the distributable profit[68]. - The company will not issue bonus shares or transfer capital reserves to increase share capital in this distribution[68]. Challenges and Risks - The company has faced challenges in expanding production capacity due to rising domestic costs and labor shortages[53]. - The company reported a significant decline in orders, approximately 40% lower in 2009 compared to 2008, due to the financial crisis affecting the US clothing market[53]. Compliance and Governance - The company has not engaged in any securities investments or held shares in financial enterprises during the reporting period[44][45]. - There were no major litigation or arbitration matters during the reporting period[73]. - The company has not implemented any stock incentive plans during the reporting period[80].

Financial Performance - In 2014, the company's operating revenue was CNY 450,001,962.27, a decrease of 4.95% compared to CNY 473,414,788.71 in 2013[23]. - The net profit attributable to shareholders was CNY 11,462,029.73, down 78.82% from CNY 54,111,599.83 in the previous year[23]. - The net profit after deducting non-recurring gains and losses increased by 121.17% to CNY 12,040,171.98 from CNY 5,443,839.11 in 2013[23]. - The basic earnings per share decreased by 76.92% to CNY 0.03 from CNY 0.13 in 2013[23]. - The weighted average return on equity was 1.91%, down from 9.40% in the previous year, reflecting a decline of 7.49%[23]. - Operating profit increased significantly to CNY 17.25 million, up 139.79% year-on-year, while net profit attributable to shareholders dropped to CNY 11.46 million, down 78.82%[30][31]. - The company reported a net profit of 3,391,790.7 yuan for its subsidiary Nantong Jinfida Clothing Co., Ltd. in 2014[73]. - The company reported a total profit contribution of 301.05 million yuan from the sale of assets, impacting net profit by 19.70%[103]. - The total profit increase from the sale of three subsidiaries amounted to 3.01 million yuan, impacting the company's net profit by 19.70%[105]. Cash Flow and Assets - The net cash flow from operating activities was CNY 52,368,571.70, a significant improvement from a negative CNY 19,022,804.03 in 2013[23]. - The net cash flow from operating activities surged by 375.29% to CNY 52.37 million, primarily due to the sale of subsidiaries[34]. - The company reported a cash balance of ¥394,276,324.77 at the end of the reporting period, up from ¥172,785,464.74 at the beginning, indicating a significant increase of approximately 128.5%[188]. - Total assets at the end of 2014 were CNY 717,022,764.94, a decrease of 11.49% from CNY 810,145,276.09 in 2013[23]. - Current assets increased significantly from CNY 336,371,432.57 to CNY 568,992,964.04, an increase of about 69%[189]. - Cash and cash equivalents increased from CNY 25,550,924.85 to CNY 182,555,545.74, an increase of about 615%[193]. - Total liabilities decreased from CNY 158,181,441.09 to CNY 86,657,207.99, a decline of about 45%[191]. - Owner's equity decreased from CNY 651,963,835.00 to CNY 630,365,556.95, a decrease of approximately 3.5%[191]. Inventory and Costs - The company's inventory of mining products decreased by 52% year-on-year, reflecting the divestment of mining subsidiaries[36]. - The company's inventory decreased slightly by 0.02% to ¥48,952,373.05, indicating stable inventory management[51]. - The company's gross profit margin improved due to effective cost control, with operating costs decreasing by 8.52% to CNY 378.69 million[33]. - The total operating costs decreased to ¥441,817,204.94, down 5.2% from ¥466,068,167.62 in the previous period[196]. - Management expenses rose by 30.74% to CNY 48.65 million, mainly due to increased depreciation and employee compensation following the relocation of the parent company[34]. Market and Customer Concentration - Major risks include a high concentration of sales in the US market, which accounts for 90% of the company's apparel business, and potential currency fluctuations[13]. - The company’s major customers accounted for 86.85% of total sales, with the top five customers contributing CNY 390.80 million[37]. - The company’s sales volume of garments decreased by 3.56% to approximately 9.68 million pieces in 2014[36]. - The company recognizes potential risks in its apparel business due to high customer concentration and exchange rate fluctuations, particularly as 90% of its apparel products are sold in the US market[79]. Strategic Initiatives and Acquisitions - The company initiated a major asset restructuring in July 2014, planning to acquire 100% of Nanjing Aotega New Energy Technology Co., Ltd[35]. - The acquisition of 100% equity in Nanjing Aotega New Energy Technology Co., Ltd. is expected to be completed in the first half of 2015, enhancing the company's position in the automotive air conditioning compressor industry[54]. - The company plans to enhance market competitiveness by diversifying its customer base and expanding its domestic market presence through online sales channels[78]. - The company will implement a series of integration measures for Aotegia, including appointing management personnel to its board and establishing a unified financial management system[80]. Governance and Compliance - The company has established a governance structure that complies with the requirements of the Company Law and the Securities Law, enhancing its operational transparency and accountability[159]. - The company has revised its governance documents to align with the latest regulatory requirements, ensuring compliance and operational efficiency[159]. - The company has established independent operations, with separate procurement and sales departments, ensuring autonomous business management[171]. - The company has maintained zero short-term and long-term bank loans as of December 31, 2014, demonstrating strong financial health[93]. Employee and Social Responsibility - Employee income has doubled over the past five years, with annual increases each year[92]. - The company has invested nearly 100 million yuan from 2011 to 2013 to improve working conditions and employee housing[92]. - The new factory's green area accounts for 30% of the total area, reflecting the company's commitment to environmental protection[92]. - The remuneration policy for sales, technical, financial, and administrative personnel is based on fixed salaries plus performance assessments, while production personnel are compensated based on piecework[156].

江苏金飞达服装股份有限公司 2015 年第一季度报告正文 证券代码：002239 证券简称：金 飞 达 公告编号：2015-029 江苏金飞达服装股份有限公司 2015 年第一季度报告正文 1 江苏金飞达服装股份有限公司 2015 年第一季度报告正文 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。 无 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | | | 2 江苏金飞达服装股份有限公司 2015 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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） | 125,961,864.79 | 104,259,742.87 | 20.82% | | 归属于上市公司股东的净利润（元） | 2,372,947.63 | 1,646,193. ...

江苏金飞达服装股份有限公司 2015 年第一季度报告全文 江苏金飞达服装股份有限公司 2015 年第一季度报告 2015 年 04 月 1 江苏金飞达服装股份有限公司 2015 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。 无 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | | | 公司负责人王进飞、主管会计工作负责人姚剑及会计机构负责人(会计主管 人员)姚剑声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏金飞达服装股份有限公司 2015 年第一季度报告全文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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 | | | | 调整前 | 调整后 | 调整后 | | 营业收入（元） | 125,961 ...

Financial Performance - Net profit attributable to shareholders decreased by 92.13% to CNY 2,581,164.09, with basic earnings per share down by 91.84% to CNY 0.01[7][14] - Operating revenue increased by 2.28% to CNY 112,317,007.51, but year-to-date revenue decreased by 9.59% to CNY 319,242,091.62[7] - The estimated net profit attributable to shareholders for 2014 is expected to decline by 82.00% to 85.00%, ranging from 8 million to 10 million CNY[19] - The net profit for 2013 was reported at 54.11 million CNY, indicating a significant decrease in performance for 2014[19] - The decline in net profit is primarily attributed to a government subsidy of 39.90 million CNY received in 2013, which was recorded as non-operating income[19] - Additionally, the 2013 profit included gains from the acquisition of 52% equity in two mining companies, which contributed to non-operating income[19] Asset and Shareholder Information - Total assets decreased by 1.71% to CNY 796,257,193.18 compared to the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 25,103[10] - Jiangsu Diaowang Holdings Group Co., Ltd. holds 42.54% of the shares, making it the largest shareholder[10] Cash Flow and Restructuring - Net cash flow from operating activities increased by 244.51% to CNY 17,983,738.84 year-to-date[7][14] - The company is currently undergoing a major asset restructuring, with the stock suspended since July 21, 2014, and plans to disclose the restructuring proposal soon[15] Return on Equity - The weighted average return on equity decreased to 0.41%, down 62.73% year-on-year[7] Non-Recurring Gains or Losses - The company reported no significant non-recurring gains or losses during the reporting period[8]

Financial Performance - The company reported a revenue of CNY 206,925,084.11, a decrease of 14.95% compared to the same period last year[19]. - The net profit attributable to shareholders was CNY 5,139,382.89, down 94.36% year-on-year[19]. - The basic earnings per share decreased to CNY 0.03, a decline of 93.33% compared to the previous year[19]. - The operating profit for the period was CNY 6,809,900, an increase of 28.69% year-on-year[27]. - Revenue for the reporting period was $206.93 million, a decrease of 14.95% compared to the same period last year[29]. - The company reported a significant increase in foreign exchange gains, leading to a 431.09% decrease in financial expenses, resulting in a net financial income of -$3.64 million[29]. - The net cash flow from operating activities increased by 7.94% to $5.75 million[29]. - The company’s net profit for the period was 5,139,350.00 CNY, contributing positively to the overall equity position[125]. - The total comprehensive income for the current period is ¥3,431,561.24, a drastic decrease from ¥90,029,466.40 in the previous period, reflecting a decline of approximately 96.2%[115]. Asset Management - The total assets at the end of the reporting period were CNY 806,819,276.47, a slight decrease of 0.41% from the previous year[19]. - The company reported a total current assets of RMB 337,263,184.61 at the end of the reporting period, slightly up from RMB 336,371,432.57 at the beginning of the period, indicating a marginal increase of 0.27%[104]. - Cash and cash equivalents increased to RMB 191,050,877.83 from RMB 172,785,464.74, representing a growth of approximately 10.5%[104]. - The company reported a total owner's equity of 674,145,390.00 CNY at the end of the period, an increase from 651,963,830.00 CNY, indicating growth in shareholder value[125]. - The company reported a total registered capital of RMB 201 million after a capital increase through a stock dividend of 67 million shares, resulting in a total share capital of 201 million shares[136]. Sales and Market Performance - The company experienced a 31.06% increase in domestic sales, contributing to a more stable revenue stream amid challenges in the U.S. market[27]. - Domestic clothing sales grew by 31.06%, reaching $21.29 million, while international sales decreased by 8.86% to $185.56 million[33]. Dividends and Shareholder Returns - The company did not distribute cash dividends or bonus shares during this reporting period[4]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[58]. - The cash dividend policy complies with the company's articles of association and has been clearly defined[57]. Government Support and Subsidies - The company received government subsidies of CNY 70,000 during the reporting period[23]. - The significant decline in net profit is attributed to a government subsidy of 39.9 million yuan received in 2013 and the impact of a bargain purchase of 52% equity in two mining companies, which contributed to non-operating income in 2013[54]. Corporate Governance and Structure - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[94]. - The company’s controlling shareholder is Jiangsu Diaogao Holdings Group Co., Ltd., with Wang Jinfeng as the actual controller[136]. - There were changes in the board of directors, with two members resigning due to personal reasons and regulatory compliance[99]. Financial Reporting and Compliance - The financial report for the first half of 2014 was not audited, which may affect the reliability of the financial data presented[102]. - The company’s financial statements comply with the accounting standards and accurately reflect its financial position and operating results[138]. Investment Activities - The company did not engage in any external investments during the reporting period[35]. - The cumulative investment in fundraising projects reached $23.04 million, with a total of $1.24 million invested during the reporting period[43]. Cash Flow Management - The company reported a financial expense reduction, with financial costs decreasing from CNY 1,100,693.32 to -CNY 3,644,308.12, indicating improved financial management[111]. - The cash flow from other operating activities was 14,233,200.45 CNY, a significant increase from 608,454.65 CNY, highlighting enhanced operational cash generation[122]. Inventory and Receivables Management - Inventory levels decreased significantly from RMB 55,473,078.81 to RMB 43,153,477.60, reflecting a reduction of approximately 22.2%[104]. - Accounts receivable decreased to RMB 84,489,832.84 from RMB 88,168,993.48, showing a decline of about 4.0%[104]. Legal and Regulatory Matters - The company has not experienced any major litigation or arbitration matters during the reporting period[63]. - There were no significant media inquiries or controversies reported during the period[64]. Business Model and Strategy - The company is actively exploring changes to its business model, including potential acquisitions and restructuring to enhance profitability[34]. - The company plans to undergo a major asset restructuring, which is currently in the planning stage[4].

Financial Performance - The company's operating revenue for 2013 was CNY 473,414,788.71, representing a 15.99% increase compared to CNY 408,144,369.56 in 2012[21] - The net profit attributable to shareholders in 2013 was CNY 54,111,599.83, a significant increase of 441.11% from CNY 10,000,172.12 in 2012[21] - The basic earnings per share for 2013 was CNY 0.27, up 440% from CNY 0.05 in 2012[21] - The total assets at the end of 2013 were CNY 810,145,276.09, reflecting a 27.93% increase from CNY 633,273,907.65 at the end of 2012[21] - The net assets attributable to shareholders increased by 11.97% to CNY 606,243,685.43 at the end of 2013, compared to CNY 541,418,012.53 at the end of 2012[21] - The company achieved operating revenue of CNY 473.41 million in 2013, a year-on-year increase of 16%[32] - The net profit attributable to shareholders reached CNY 54.11 million, representing a significant increase of 441.11% compared to the previous year[32] - The company reported a decrease in operating profit to CNY 7.19 million, down 48.91% year-on-year[32] - The company’s operating costs rose to CNY 413.96 million, a 16.49% increase from the previous year[34] - The company reported a total profit of CNY 259,667,778.21 and a net profit of CNY 192,514,015.56[147] Cash Flow - The company reported a net cash flow from operating activities of CNY -19,022,804.03, a decline of 158.82% from CNY 32,342,898.71 in 2012[21] - The net cash flow from operating activities decreased by 158.82% to -CNY 19.02 million, largely due to significant payments related to accounts receivable[36] - Operating cash inflow increased by 30.35% to ¥618,568,677.95, driven by higher sales revenue[47] - Operating cash outflow rose by 44.19% to ¥637,591,481.98, mainly due to increased raw material purchases and processing fees[48] - The net cash flow from operating activities for 2013 was CNY 68,866,624.25, while the net cash flow from investing activities was CNY 96,366,048.06, and the net cash flow from financing activities was -CNY 95,267,506.97[147] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.30 per 10 shares and issue 1 bonus share for every 10 shares held[4] - The cash dividend for 2013 is proposed at 0.30 RMB per 10 shares, totaling 6,030,000 RMB, which represents 11.14% of the net profit attributable to shareholders[97] - The company’s cash dividend policy has been consistent, with the 2013 proposal reflecting a commitment to returning value to shareholders while maintaining a healthy profit distribution strategy[94] Market and Operational Risks - The company is heavily reliant on the US market, with 90% of its products sold there, which exposes it to foreign exchange risks[12] - The overall operating environment remains challenging, with rising production costs and a sluggish recovery in consumer demand in key markets[88] - The company aims to mitigate risks associated with its main business by transferring its stake in Kangding Xinbao Mining Co., Ltd. to its controlling shareholder[83] Investments and Acquisitions - The company completed the acquisition of 52% stakes in two mining companies, impacting the revenue by CNY 5.25 million, accounting for 1.1% of total revenue[37] - The company acquired 52% stakes in Kangding Xinbao Mining Co., Ltd. and Dadu River Mining Co., Ltd. for 18 million yuan and 13.2 million yuan respectively, with gold reserves of 832,000 tons and polymetallic resources of 200,600 tons[60] - The company plans to transfer all stakes in the three mining companies to its controlling shareholder due to their inability to contribute profits amid a declining market[60] Management and Governance - The company has maintained zero short-term and long-term borrowings as of December 31, 2013, reflecting strong financial health and good relationships with banks[103] - The company has established a performance evaluation and incentive mechanism linking management compensation to company performance and individual contributions[171] - The company has a diverse management team with extensive experience in various sectors, including finance, engineering, and international trade[154][155][156] - The independent directors attended all board meetings and shareholder meetings, ensuring compliance and oversight without raising any objections during the reporting period[177][178] Social Responsibility and Employee Welfare - Employee income has doubled over the past five years, with annual increases each year, and the company invested nearly 100 million yuan from 2011 to 2013 to improve working conditions[102] - The company has invested significantly in environmental protection, with 30% of the new factory area dedicated to green space, and has not experienced any safety production accidents[102] - The company has implemented a comprehensive employee assistance program to support those in special difficulties[102] Financial Integrity and Compliance - The company has not reported any non-operating fund occupation by major shareholders, ensuring financial integrity[109] - The company has not experienced any overdue or litigation issues related to entrusted loans, with a total loan amount of CNY 0[71] - The company received a standard unqualified audit opinion for its financial statements, reflecting fair representation of its financial condition and operating results for the year 2013[199]

江苏金飞达服装股份有限公司 2014 年第一季度报告正文 证券代码：002239 证券简称：金 飞 达 公告编号：2014-027 江苏金飞达服装股份有限公司 2014 年第一季度报告正文 1 江苏金飞达服装股份有限公司 2014 年第一季度报告正文 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。 无 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | | | 公司负责人王进飞、主管会计工作负责人姚剑及会计机构负责人(会计主管 人员)姚剑声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏金飞达服装股份有限公司 2014 年第一季度报告正文 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 除上述各项之外的其他营业外收入和支出 | -212,408.46 | | | 减：所得税影响额 | -55,112.12 | | | 少数股东权益影响额（税后） | -36,000.00 | | | 合计 | -121,296.34 | -- ...