Financial Performance - Total revenue for Q3 2021 reached ¥5,399,017,664.36, an increase of 56.36% year-over-year[5] - Net profit attributable to shareholders was ¥316,822,924.72, a decrease of 6.34% compared to the same period last year[5] - The company’s basic earnings per share for Q3 2021 was ¥0.1375, down 6.34% year-over-year[5] - The net profit attributable to the parent company increased to CNY 5,236,555,694.01, compared to CNY 4,590,494,978.83 in the previous period, reflecting a growth of about 14.0%[19] - The net profit for Q3 2021 was CNY 1,503,613,897.81, an increase of 6.3% compared to CNY 1,414,567,425.93 in Q3 2020[21] - The total profit for Q3 2021 was CNY 1,756,399,675.96, down from CNY 1,780,333,315.18 in Q3 2020, reflecting a decrease of 1.3%[21] - The total comprehensive income for Q3 2021 reached CNY 1,539,466,127.99, up from CNY 1,145,264,577.34 in the same period last year, representing a growth of 34.4%[22] Cash Flow - The company reported a net cash flow from operating activities of ¥9,563,683,347.73, reflecting a 50.02% increase year-to-date[5] - The company had a significant increase in cash flow from operating activities, indicating strong operational performance and market demand[11] - Cash received from sales and services reached ¥8,556,725,152.29, a year-on-year increase of 684.88% due to the growth in the futures subsidiary's business scale[11] - Cash inflow from operating activities totaled CNY 22,787,040,507.64 in Q3 2021, significantly higher than CNY 12,561,610,932.91 in Q3 2020, marking an increase of 81.1%[23] - The net cash flow from operating activities for Q3 2021 was approximately CNY 9.56 billion, an increase of 50.5% compared to CNY 6.37 billion in Q3 2020[25] - The total cash inflow from investment activities reached approximately CNY 50.48 billion, up from CNY 43.42 billion in the same period last year, marking a growth of 16.5%[25] - The net cash flow from financing activities increased to approximately CNY 4.18 billion, compared to CNY 2.65 billion in the previous year, reflecting a growth of 57.5%[25] Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥104,498,412,961.17, representing a 23.21% increase from the end of the previous year[5] - The company's total liabilities reached CNY 80,423,104,796.07, compared to CNY 61,851,486,011.75 in the previous period, marking a rise of around 30.0%[19] - The total liabilities stood at approximately CNY 58.22 billion, with a significant portion attributed to insurance contract reserves of approximately CNY 31.87 billion[29] - The company’s total liabilities increased significantly, with trading financial liabilities rising by 617.21% to ¥1,333,460,503.47[8] - Total liabilities amounted to CNY 61,851,486,011.75, a decrease of CNY 371,944,608.99 from the previous period[31] Investment and Expenses - Research and development expenses increased by 120.62% to ¥8,025,503.77, indicating a rise in investment in innovation[9] - Research and development expenses for the period were CNY 8,025,503.77, compared to CNY 3,637,740.12 in the previous period, showing an increase of about 120.0%[20] - Cash paid for purchasing goods and accepting services was ¥1,719,801,245.15, reflecting a 711.49% increase year-on-year attributed to the increase in the scale of consolidated structured entities[11] - The company plans to utilize the raised funds for various strategic investments, including acquisitions and capital increases for subsidiaries[15] Shareholder Information - The total number of common shareholders at the end of the reporting period was 19,730, with the largest shareholder, COFCO Group, holding 62.78% of shares[13] - The company plans to publicly issue corporate bonds totaling no more than ¥3 billion to fund equity investments, project investments, and other strategic needs[15] Other Financial Metrics - The company experienced a credit impairment loss of CNY 320,335,281.68 in Q3 2021, compared to a gain of CNY 138,624,927.79 in Q3 2020[21] - The company's cash and cash equivalents increased to CNY 17,107,633,815.77 from CNY 13,868,738,527.67, reflecting a growth of approximately 23.0%[18] - The total operating costs for the period were CNY 16,466,804,821.28, compared to CNY 10,207,920,687.33 in the previous period, reflecting an increase of about 61.3%[20] - The cash paid for dividends, profits, or interest amounted to ¥320,743,778.99, a 95.47% increase year-on-year due to the growth in interest-bearing liabilities and profit distribution amounts[11]

Financial Performance - Total operating revenue for the first half of 2021 reached ¥11,378,254,796.62, representing a 70.38% increase compared to ¥6,678,282,970.99 in the same period last year[25]. - Net profit attributable to shareholders of the listed company was ¥691,547,469.18, an increase of 16.22% from ¥595,039,369.67 in the previous year[25]. - Basic earnings per share were ¥0.3001, up 16.18% from ¥0.2583 in the previous year[25]. - The total revenue for the reporting period was ¥11,378,254,796.62, representing a year-on-year increase of 70.38% from ¥6,678,282,970.99[43]. - The company reported a net increase in cash and cash equivalents of ¥3,412,480,086.81, a staggering rise of 910.19% from ¥337,806,252.40, driven by the maturity of investment products and growth in client margin deposits[43]. - The company reported a significant increase in receivables from reinsurance contracts, which rose to ¥751,373,125.66 from ¥688,154,586.73, a growth of about 9.1%[162]. - The total comprehensive income for the first half of 2021 was CNY 340.52 million, compared to CNY 267.22 million in the first half of 2020, showing an increase of approximately 27.3%[183]. Assets and Liabilities - Total assets at the end of the reporting period were ¥100,920,690,636.88, an 18.99% increase from ¥84,812,141,737.32 at the end of the previous year[25]. - The total liabilities reached CNY 77.42 billion, up from CNY 61.85 billion, indicating a growth of around 25.2%[166]. - The cash and cash equivalents increased to CNY 10.03 billion, up from CNY 6.07 billion, reflecting a growth of about 64.5%[169]. - The total equity attributable to shareholders at the end of the reporting period was 17,535,312,096.79 CNY, reflecting a decrease from 22,960,655,725.57 CNY at the end of the previous year[195]. Cash Flow - Net cash flow from operating activities amounted to ¥6,754,563,860.02, reflecting an 87.93% increase from ¥3,594,251,751.80 in the same period last year[25]. - The cash flow from operating activities generated a net amount of CNY 6.75 billion, up from CNY 3.59 billion in the previous year, representing an increase of about 87.5%[186]. - The cash outflow from financing activities was -698,670,000.00 CNY, compared to an inflow of 250,000,000.00 CNY in the same period of 2020[192]. Investment and Revenue Sources - The insurance subsidiary, Zhongying Life, achieved operating revenue of 6.616 billion yuan, a year-on-year increase of 13.84%, and net profit of 455 million yuan, up 29.31%[33]. - Zhongliang Futures reported operating revenue of 4.337 billion yuan, a significant year-on-year increase of 651.58%, and net profit of 157 million yuan, up 38.63%[34]. - The company reported investment income of ¥966,850,214.67, marking a 46.79% increase from ¥658,669,274.26, attributed to the expansion of investment business[43]. Risk Management and Compliance - The company’s risk management system has been strengthened, effectively preventing project risks and ensuring compliance[35]. - The company emphasizes a risk management strategy focusing on compliance and risk control to mitigate business risks across its subsidiaries[70][71]. - The company acknowledges the risks associated with stock market fluctuations and advises investors to exercise caution[73]. Corporate Governance and Shareholder Matters - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company has not reported any significant changes in its contact information or disclosure practices during the reporting period[22][23]. - The company has not engaged in any derivative investments during the reporting period[59]. - The company did not report any new capital contributions from shareholders during this period, reflecting a focus on internal financing[199]. Legal Matters - No significant litigation or arbitration matters reported during the reporting period[91]. - The company won a second-instance judgment in a debt transfer contract dispute, with an involved amount of CNY 6,270.47 thousand[93]. - 中粮资本控股股份有限公司在2021年半年度报告中，房地产开发相关的诉讼案件涉及金额为4,590.03万元[97].

股票代码：002423 股票简称：中粮资本 公告编号：2021-020 中粮资本控股股份有限公司 关于参加河南辖区上市公司 2021 年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，中粮资本控股股份有限公司（以下简称 "公司"）定于 2021 年 6 月 8 日（周二）16:00-17:20 参加在全景网举办的"真 诚沟通 传递价值"河南辖区上市公司 2021 年投资者网上集体接待日活动，本次 活动将采用网络远程的方式举行，投资者可登录"全景·路演天下" （http://rs.p5w.net）参与本次互动交流。 出席本次网上集体接待日活动的人员有：公司副总经理兼董事会秘书姜正华 女士及公司相关人员（如有特殊情况，参会人员将可能进行调整），欢迎广大投 资者积极参与。 特此公告。 | --- | --- | --- | |-------|-------|--------------------------| | | | 中粮资本控股股份有限公司 | | | | 董事会 | | | | 2021 年 ...

Financial Performance - Total revenue for Q1 2021 reached ¥6,406,068,587.40, an increase of 71.73% compared to ¥3,730,379,019.79 in the same period last year[8] - Net profit attributable to shareholders was ¥202,152,710.60, reflecting a growth of 4.81% from ¥192,873,751.90 year-on-year[8] - Basic earnings per share rose to ¥0.0877, a 4.78% increase from ¥0.0837 in the same period last year[8] - The company's operating revenue for Q1 2021 reached ¥2,026,892,399.70, a significant increase of 1,641.86% compared to Q1 2020[21] - Net profit for Q1 2021 was CNY 321,700,311.31, compared to CNY 273,189,886.09 in Q1 2020, reflecting a growth of approximately 17.8%[57] - The company reported a total comprehensive income of CNY 433,455,789.33 for Q1 2021, up from CNY 364,262,353.23 in Q1 2020, marking an increase of around 19.0%[59] Cash Flow - Net cash flow from operating activities increased by 80.38% to ¥4,424,679,260.06, up from ¥2,452,978,696.22 in the previous year[8] - Cash inflow from operating activities totaled CNY 9,467,679,271.55, a significant increase from CNY 4,933,021,748.51 in the prior period[67] - The net cash flow from investment activities was negative at CNY -9,366,082,340.13, worsening from CNY -6,118,603,964.43 in the prior period[68] - Cash flow from financing activities generated a net amount of CNY 5,522,096,562.41, compared to CNY 2,622,408,595.97 in the previous year[68] Assets and Liabilities - Total assets at the end of the reporting period were ¥97,096,416,374.09, representing a 14.48% increase from ¥84,812,141,737.32 at the end of the previous year[8] - The total liabilities stood at ¥54.62 billion, compared to ¥45.35 billion at the end of 2020, marking an increase of approximately 20.4%[41] - The company's total current liabilities reached CNY 35,956,167,409.35, up from CNY 26,609,010,100.99, representing an increase of about 35.5%[47] - The non-current liabilities totaled CNY 37,977,003,641.66, an increase from CNY 35,242,475,910.76, indicating a growth of approximately 7.8%[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,458, with the largest shareholder holding 62.78%[13] - The total equity of COFCO Capital Holdings was approximately ¥42.48 billion, up from ¥39.47 billion, representing an increase of about 7.6%[43] - The total equity attributable to shareholders of the parent company was CNY 17,283,875,681.66, slightly down from CNY 17,285,519,619.71[47] Investment and Income - Investment income amounted to ¥369,682,413.42, attributed to normal financial operations[8] - The net profit from investment activities was ¥369,682,413.42, reflecting a growth of 40.70% year-on-year[24] - Interest income reached CNY 467,362,196.54, compared to CNY 397,367,245.09 in the prior period, indicating a growth of approximately 17.5%[53] Operating Costs and Expenses - Total operating costs for Q1 2021 were CNY 6,132,524,976.91, significantly higher than CNY 3,541,506,452.57 in the same period last year, indicating an increase of about 73.5%[55] - The company’s management expenses for Q1 2021 were CNY 558,715,334.45, up from CNY 473,314,645.74 in the previous year, reflecting an increase of about 18.0%[55] - The company reported a total of ¥393.06 million in entrusted financial management, with no overdue amounts, indicating effective management of financial products[38] Other Financial Metrics - The weighted average return on net assets was 1.18%, slightly up from 1.17% year-on-year[8] - The company reported a 93.67% decrease in advance receipts, down to ¥17,990,681.64, due to the conversion of insurance premium prepayments into earned premiums[21] - The total cash received from sales and services amounted to ¥3,434,527,287.83, representing a staggering increase of 2,619.57% compared to the same period last year[24] Changes and Adjustments - The company has implemented a new leasing standard starting from 2021, which required adjustments to the financial statements[74] - The first quarter report was not audited[82]

Financial Performance - The company reported a total revenue of RMB 2,304,105,575 for the year 2020, with a cash dividend of RMB 0.45 per 10 shares distributed to shareholders[7]. - Total revenue for 2020 reached CNY 13.57 billion, an increase of 20.52% compared to 2019[23]. - Net profit attributable to shareholders was CNY 1.05 billion, representing a growth of 61.54% year-over-year[23]. - Net cash flow from operating activities amounted to CNY 6.37 billion, up 27.81% from the previous year[23]. - Basic earnings per share increased to CNY 0.4572, a rise of 61.50% compared to 2019[25]. - Total assets at the end of 2020 were CNY 84.81 billion, reflecting a 26.25% increase from 2019[25]. - The insurance segment generated total revenue of CNY 10.768 billion, with net profit of CNY 0.821 billion in 2020[33]. - The trust business generated total operating revenue of 812 million yuan and net profit of 327 million yuan, both significantly increased year-on-year[34]. - The futures business reported total operating revenue of 1.967 billion yuan and net profit of 208 million yuan, both reaching historical highs[34]. - The company achieved a comprehensive solvency adequacy ratio of 253.33% in its insurance business[33]. Corporate Governance - The company is committed to ensuring the accuracy and completeness of its financial reports, as stated by its management team[6]. - The company’s financial performance and strategic direction are closely monitored by its board of directors and supervisory board, ensuring governance and accountability[6]. - The company has maintained its actual controller as the State-owned Assets Supervision and Administration Commission of the State Council since the change of its controlling shareholder to COFCO Group in April 2018[21]. - The company has committed to maintaining independence from its controlling shareholder, COFCO Group, ensuring no interference in operational decisions[119]. - The company has a policy of prioritizing cash dividends when conditions allow, with a minimum cash dividend ratio of 20% during significant capital expenditure phases[118]. Risk Management - The company is committed to strengthening financial risk prevention through a comprehensive risk management system and enhancing compliance measures[101]. - The company will enhance its risk management mechanism by establishing a "three lines of defense" system to optimize risk control processes across all business segments[103]. - The company faces various business risks, including insurance, market, investment, and compliance risks, which are inherent in its main operations[103]. - The company recognizes the challenges posed by emerging technologies such as AI and blockchain, and is focused on developing viable financial technology business models[108]. - The company is closely monitoring macroeconomic changes to optimize its market volatility risk management strategies[107]. Strategic Initiatives - The company aims to enhance its core competitiveness by deepening its main financial business sectors, including insurance, trust, and futures, under a strict risk control system[97]. - The company plans to innovate its business model by leveraging digital strategies and exploring new areas such as supply chain finance and health finance[98]. - The company will promote synergy between production and finance, integrating internal resources to better serve the real economy[98]. - The company has established a comprehensive financial service system with multiple licenses, including life insurance, trust, futures, and banking[38]. - The company is actively exploring market expansion opportunities and potential mergers and acquisitions to enhance its competitive position[102]. Shareholder Relations - The company plans to distribute a cash dividend of RMB 0.45 per 10 shares, totaling RMB 103,684,750.88, based on a total share capital of 2,304,105,575 shares as of December 31, 2020[114]. - The cash dividend for 2020 represents 9.84% of the net profit attributable to ordinary shareholders, which was RMB 1,053,536,104.89[115]. - The total cash dividend amount for 2020, including other methods, is RMB 103,684,750.88, which accounts for 100% of the distributable profit of RMB 389,989,414.45[118]. - The company will carry forward any undistributed profits to the next fiscal year[114]. Compliance and Legal Matters - 中粮资本控股股份有限公司在2020年度报告中承诺提供的信息真实、准确、完整，若因信息虚假或重大遗漏导致投资者损失，将依法承担赔偿责任[133]. - 公司全体董事、监事及高级管理人员保证信息披露的真实性，若因虚假记载或重大遗漏导致损失，将承担个别及连带责任[135]. - The company did not have any significant accounting errors that required retrospective restatement during the reporting period[156]. - The company is involved in several lawsuits, including a dispute over equity transfer with a claimed amount of CNY 205.59 million, where it won the first-instance judgment[161]. - 中粮资本控股股份有限公司在2020年年度报告中提到，因金融借款合同纠纷，涉及金额为330.1万元，法院一审判决中粮信托胜诉，对公司利润无重大影响[169]. Market Position and Expansion - The company is expanding its market presence in Southeast Asia, targeting a 20% market share by 2023[145]. - The company has established nine wealth management centers in major cities, achieving a historical sales record of over ¥17 billion in 2020[44]. - The company has initiated the construction of a risk management information platform, enhancing its comprehensive risk management system[45]. - The company launched new financial technology initiatives, including a blockchain-based supply chain service platform aimed at improving financing access for small and micro enterprises[49]. Financial Reporting and Audit - The accounting firm engaged by the company is Xinyong Zhonghe Accounting Firm, which has been responsible for auditing during the reporting period[22]. - The domestic accounting firm Xinyong Zhonghe has been engaged for two consecutive years, with an audit fee of CNY 2 million for the current year[158]. - The company appointed Xinyong Zhonghe as the internal control auditing firm for an audit fee of CNY 500,000 in 2020[158].

中粮资本控股股份有限公司 2020 年第三季度报告全文 中粮资本控股股份有限公司 2020 年第三季度报告 2020 年 10 月 1 m cr 中粮资本控股股份有限公司 2020 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。 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 | --- | --- | --- | --- | |---------------------|---------------------|----------------------------------------------------------------------------------------------------------|--------------| | 未亲自出席 董事姓名 | 未亲自出席 董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | 骆家駹 | 董事 | 因目前正接受中央纪委国家监委纪律审查和 监察调查，故无法出席本次会议，亦未发表 ...

Financial Performance - Total operating income for the first half of 2020 was CNY 6,678,282,970.99, an increase of 16.48% compared to CNY 5,733,289,017.02 in the same period last year[20]. - Net profit attributable to shareholders of the listed company was CNY 595,039,369.67, representing an increase of 8.35% from CNY 549,202,487.45 in the previous year[20]. - Basic earnings per share were CNY 0.2583, up 8.35% from CNY 0.2384 in the previous year[20]. - The company reported a net profit of CNY 596,920,529.81 after deducting non-recurring gains and losses, an increase of 8.04% from CNY 552,500,239.25 in the previous year[20]. - The total operating revenue for the first half of 2020 reached 6.678 billion yuan, representing a year-on-year increase of 16.48%[38]. - The net profit attributable to the parent company was 595 million yuan, with a year-on-year growth of 8.35%[38]. - The total profit for the first half of 2020 was ¥1,049,619,400.25, compared to ¥973,844,148.42 in the same period of 2019, an increase of 7.8%[175]. Cash Flow - Net cash flow from operating activities reached CNY 3,594,251,751.80, a significant increase of 122.66% compared to CNY 1,614,219,374.86 in the same period last year[20]. - The company's cash and cash equivalents net increase was 337.8 million yuan, a 694.87% rise due to daily operational activities[45]. - Cash inflow from operating activities amounted to CNY 7.65 billion, an increase from CNY 6.36 billion in the first half of 2019[185]. - The net cash flow from investment activities was negative at CNY -7.78 billion, worsening from CNY -514.70 million in the first half of 2019[187]. - Cash inflow from financing activities was CNY 5.05 billion, a notable increase from CNY 487.25 million in the previous year[187]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 80,234,226,120.74, an increase of 19.43% from CNY 67,178,265,707.31 at the end of the previous year[20]. - The company's total liabilities were CNY 41,795,351,900.01, which includes short-term borrowings of CNY 372,525,654.59, up from CNY 267,885,421.41, indicating an increase of approximately 39.0%[162]. - The company's total current liabilities reached CNY 25.36 billion, up from CNY 17.53 billion, reflecting a growth of about 44.7%[166]. - The company's cash and cash equivalents at the end of the reporting period were RMB 9,066,243,824.98, accounting for 11.30% of total assets[50]. Investment and Income - Investment income from financial instruments and equity investments reached 658,669,274.26 CNY, while the fair value changes of financial instruments resulted in a gain of 586,116,974.84 CNY, both classified under normal business operations[25]. - The company reported a significant increase in research and development expenses, which rose to ¥2,472,553.89 from ¥903,485.88, marking a growth of 174.4%[173]. - Investment cash outflow totaled ¥560 million, resulting in a net cash flow from investment activities of -¥138.44 million[191]. Risk Management - The company emphasizes a risk management mechanism focused on compliance and risk control to mitigate business risks[70]. - The company acknowledges market volatility risks due to complex macroeconomic conditions and aims to enhance its risk management strategies[72]. - The company is implementing prudent liquidity management strategies to optimize its capital structure and enhance liquidity risk control capabilities[72]. Corporate Governance - The company held its annual general meeting on May 15, 2020, with an investor participation rate of 85.69%[76]. - There were no significant lawsuits or arbitration matters affecting the company during the reporting period[83]. - The company has not reported any major environmental issues or been classified as a key pollutant unit by environmental authorities[115]. Strategic Initiatives - The company is committed to expanding its international business through its overseas platforms, 中粮资本（香港） and 中粮期货（国际）, aligning with 中粮集团's internationalization strategy[35]. - The company launched a blockchain + supply chain service platform to enhance financing channels for small and micro enterprises in the grain and oil food industry[44]. - The company plans to enhance consumption poverty alleviation efforts in the second half of 2020, focusing on expanding sales channels for agricultural products in impoverished areas[120].

中粮资本控股股份有限公司 2020 年第一季度报告全文 中粮资本控股股份有限公司 2020 年第一季度报告 2020 年 04 月 m cr 1 中粮资本控股股份有限公司 2020 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人孙彦敏、主管会计工作负责人姜正华及会计机构负责人(会计主 管人员)史丽君声明：保证季度报告中财务报表的真实、准确、完整。 2 中粮资本控股股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|---------------------------|---------------------------|----------------------- ...

Financial Performance - The company's operating revenue for 2019 was ¥326,630,756.25, a decrease of 75.06% compared to the adjusted revenue of ¥1,309,553,673.77 in 2018[20]. - The net profit attributable to shareholders of the listed company was CNY 652,180,610.61, a decrease of 27.88% compared to the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 609,024,715.43, with no applicable percentage change due to previous losses[24]. - Basic earnings per share were CNY 0.2831, representing a 27.93% increase year-on-year[24]. - Total assets amounted to CNY 67,178,265,707.31, reflecting a 6.65% increase from the end of the previous year[24]. - The net assets attributable to shareholders of the listed company were CNY 16,334,392,763.16, showing a decrease of 8.60% compared to the previous year[24]. - The net cash flow from operating activities was CNY 4,984,594,810.14, an increase of 133.52% compared to the previous year[24]. - The total amount of cash and cash equivalents increased by ¥3,165,210,710.60 in 2019, compared to a decrease of ¥1,844,819,718.00 in 2018[61]. - The company achieved total operating revenue of 11.258 billion yuan and a net profit attributable to shareholders of 0.652 billion yuan in 2019[160]. Business Restructuring - The company completed a major asset restructuring at the beginning of 2019, changing its main business from steel to financial services[18]. - The company completed a major asset restructuring, acquiring quality financial assets and becoming a financial holding platform with a focus on agricultural finance[83]. - The restructuring process is aimed at optimizing the asset structure and improving overall efficiency[124]. - The company reported a significant transformation in its main business from industrial equipment and special steel production to financial services including trust, futures, insurance, and banking after the restructuring[128]. - The restructuring involved divesting original steel assets and injecting financial assets into the company[198]. Shareholder and Dividend Information - The profit distribution plan approved by the board of directors includes a cash dividend of ¥0.28 per 10 shares, based on a total of 2,304,105,575 shares[5]. - The company plans to distribute a cash dividend of RMB 0.28 per share, totaling RMB 64,514,956.10, which represents 9.89% of the net profit attributable to ordinary shareholders for 2019[100]. - The cash dividend amount is fully accounted for in the profit distribution total[105]. - The total distributable profit for the period is reported at 220,416,358.43 CNY[105]. - The company has not proposed any cash dividend distribution plans for the years 2017 and 2018, despite having positive distributable profits[104]. Risk Management and Compliance - The company has established a comprehensive risk management system focusing on compliance and risk control to enhance its ability to identify, assess, mitigate, and manage risks[91]. - The company is committed to improving liquidity management strategies to optimize its asset-liability structure and enhance its ability to manage liquidity risks[94]. - The company emphasizes the importance of adapting to regulatory changes to prevent adverse impacts on business development due to policy risks[92]. - The company has implemented a robust compliance management system to mitigate compliance risks associated with regulatory requirements[93]. - The company will continue to enhance its risk management capabilities through a comprehensive risk management framework and training programs[88]. Subsidiaries and Business Segments - The company reported a net profit of 81.38 million from its subsidiary, China Grain Capital Investment Co., which has a registered capital of 1.34 billion[80]. - The company’s subsidiary, China Grain Trust, reported a net profit of approximately 115.96 million, with total assets of 2.3 billion[80]. - The company’s subsidiary, Longjiang Bank, reported a net profit of approximately 1.08 billion, with total assets of 4.36 billion[80]. - The company reported significant growth in its insurance business, with key indicators such as original insurance premium income reaching new highs since inception[35]. - The trust business saw a notable increase in net profit compared to the previous year, with a focus on enhancing core competencies in industrial finance and wealth management[35]. Legal and Regulatory Matters - The company faced a lawsuit regarding equity transfer disputes, with the amount involved being RMB 205.59 million, but the first-instance judgment was in favor of the company, having no significant impact on profits[140]. - The company has not encountered any significant legal disputes that could affect the restructuring process[122]. - The company has not faced any administrative penalties or criminal investigations related to insider trading in the past three years[128]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[139]. - The company is currently in the execution phase for several court rulings, including a claim of 6,270.47 CNY, which was ruled in its favor[142]. Corporate Governance - The company’s actual controller remains the State-owned Assets Supervision and Administration Commission of the State Council[18]. - The company has committed to maintaining independence from its controlling shareholder, ensuring no misuse of its position to harm the interests of the company and other shareholders[108]. - The controlling shareholder has promised not to engage in any business that competes directly or indirectly with the company's main operations[110]. - The company guarantees the authenticity, accuracy, and completeness of information provided during the restructuring process, with liability for any misleading information[116]. - The company has committed to strict compliance with regulations during its period as a controlling shareholder of COFCO Capital[114]. Social Responsibility and Community Engagement - In 2019, the company helped 3,255 registered impoverished individuals to escape poverty, with a total investment of CNY 400 million in poverty alleviation efforts[178]. - The company invested CNY 240 million in eight agricultural industry poverty alleviation projects[178]. - The company provided CNY 39 million in funding to support 75 impoverished students[178]. - The company donated CNY 4 million to support targeted assistance in Tibet's Lozha County[183]. - The company is committed to continuing its poverty alleviation efforts in 2020, focusing on industry, education, and healthcare[181].

Financial Performance - Net profit attributable to shareholders was ¥141.26 million, a decrease of 3.69% year-on-year[7]. - Operating revenue for the reporting period was ¥160.99 million, down 66.72% compared to the same period last year[7]. - Basic earnings per share were ¥0.0613, a decrease of 3.77% compared to the same period last year[7]. - The company's operating revenue decreased by 64.33% year-over-year to CNY 362,413,147.63, primarily due to significant asset restructuring[27]. - The company's total revenue from financial assets sold under repurchase agreements was CNY 1.81 billion, down from CNY 3.01 billion, a decrease of about 39.8%[43]. - Net profit for the current period was ¥279,959,411.89, compared to ¥271,712,679.21 in the previous period, indicating a slight increase of 3.4%[52]. - The net profit attributable to the parent company was CNY 690,459,548.36, down from CNY 727,582,528.39, indicating a decrease of 5.1%[60]. - The company reported a significant increase in investment income, totaling CNY 1,284,597,910.86, compared to CNY 1,219,334,291.73 in the previous period[60]. Cash Flow - The net cash flow from operating activities increased by 208.12% to ¥4.39 billion year-to-date[7]. - The cash flow from operating activities for the current period is ¥4,393,334,102.29, a substantial increase from ¥1,425,841,590.82 in the previous period[70]. - The cash inflow from investment activities is ¥27,556,417,648.15, down from ¥51,169,288,398.68 in the previous period, reflecting a decrease of approximately 46.1%[70]. - The net cash flow from financing activities is ¥240,900,623.31, a decrease from ¥1,740,247,071.81 in the previous period[71]. - The net cash flow from operating activities was -104,315,200.41 yuan, a significant decline compared to -33,123,603.57 yuan in the previous period, indicating a worsening cash flow situation[74]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥68.50 billion, an increase of 8.73% compared to the previous year[7]. - The company's total assets decreased significantly, with fixed assets down by 95.75% to CNY 85,721,715.52 due to major asset restructuring[22]. - The total liabilities decreased from RMB 47.86 billion to RMB 36.21 billion, indicating a reduction of approximately 24.00%[42]. - The total liabilities increased to CNY 47.14 billion in Q3 2019, up from CNY 40.44 billion in the previous year, representing a growth of approximately 16.7%[43]. - Total current assets decreased to 15,131,856,086.87 yuan from 26,351,156,374.44 yuan, indicating a reduction of 42.5%[77]. Shareholder Information - The company had a total of 20,331 shareholders at the end of the reporting period[13]. - The largest shareholder, COFCO Group, held 62.78% of the shares, totaling 1,446,543,440 shares[13]. Government and Regulatory - The company reported a government subsidy of ¥962,768.23, contributing to its financial performance[10]. - The company has no overdue commitments from major shareholders or related parties during the reporting period[33]. - There were no violations regarding external guarantees during the reporting period[31]. Other Financial Metrics - The weighted average return on equity was 0.87%, an increase of 7.55% year-on-year[7]. - The company's other payables increased by 146.27% year-over-year to CNY 1,559,491,461.88, attributed to routine business operations[24]. - The company's long-term investments surged to CNY 15.75 billion, up from CNY 1.54 billion, reflecting a substantial increase of approximately 922.0%[48]. - The company’s research and development expenses were significantly reduced to ¥451,742.94 from ¥11,572,486.41, a decrease of approximately 96.1%[51].