证券代码：002485 证券简称：*ST雪发 公告编号：2023-050 雪松发展股份有限公司 股票交易异常波动公告 雪松发展股份有限公司（以下简称"公司"或"雪松发展"）股票（证券代码： 002485，证券简称：*ST雪发）连续2个交易日（2023年8月18日和8月21日）内 日收盘价格涨幅偏离值累计超过12%，根据《深圳证券交易所交易规则》的有 关规定，属于股票交易异常波动。 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。 一、股票交易异常波动的情况介绍 4、截至本公告披露日，公司、公司控股股东不存在其他关于公司的应披露 而未披露的重大事项，也不存在处于筹划阶段的重大事项。 5、在公司股票交易异常波动期间，公司控股股东未买卖公司股票。 三、是否存在应披露而未披露信息的说明 公司董事会确认，除前述事项外，公司目前没有其他任何根据《深圳证券 交易所股票上市规则》等有关规定应予以披露而未披露的事项或与该事项有关 的筹划、商谈、意向、协议等；董事会也未获悉公司有其他根据《深圳证券交 易所股票上市规则》等有关规定应予以披露而未披露的、对公司股票及其衍生 品种交易价格 ...

证券代码：002485 证券简称：*ST 雪发 公告编号：2023-049 关于全资子公司退回政府补助的公告 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。 一、政府补助资金情况 雪松发展股份有限公司（以下简称"公司"）全资子公司诸城市松旅恐龙文化 旅游发展有限公司（以下简称"诸城松旅"）2018年-2020年收到诸城市财政局/诸 城市文化和旅游局拨付的旅游产业发展奖励资金合计共23,604.72万元。具体内容 详见公司于2018年8月3日、2018年9月7日、2018年9月13日、2018年9月21日、2018 年11月2日、2019年8月19日、2019年8月30日、2020年6月30日、2020年12月11 日和2021年1月4日在巨潮资讯网www.cninfo.com.cn及《中国证券报》、《上海 证券报》、《证券日报》和《证券时报》上刊登的《关于全资子公司获得政府补 助的公告》（公告编号：2018-051、2018-075、2018-082、2018-085、2018-106、 2019-042、2019-053、2020-021、2020-049和 ...

证券代码：002485 证券简称：*ST 雪发 公告编号：2023-048 雪松发展股份有限公司 关于全资子公司签署《合作框架协议》的进展公告 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。 2022年9月8日，雪松发展股份有限公司（以下简称"公司"）全资子公司诸城市 松旅恐龙文化旅游发展有限公司（以下简称"诸城松旅"）与诸城市人民政府（以下 简称"诸城政府"）签署了《诸城恐龙探索王国旅游项目合作框架协议》（以下简称"《合 作框架协议》"，"诸城恐龙探索王国旅游项目"以下简称"诸城恐龙园项目"）。同意 诸城政府指定的诸城市公共资源储备中心（以下简称"诸城储备中心"）收储诸城松 旅拥有的围绕恐龙化石博物馆周边的259亩土地以及地上在建工程（以下称"259亩土 地及在建工程"）；同意诸城松旅以不存在权利瑕疵的恐龙化石博物馆核心区在建工 程（以下称"博物馆在建工程"）作价出资，与诸城政府指定的第三方共同成立新的 项目公司（以下简称"新项目公司"），由新项目公司负责博物馆在建工程项目的设 计、规划调整工作及后续开发工作，诸城松旅出资额预计不超过2亿元，出资比例由 双方 ...

证券代码：002485 证券简称：*ST 雪发 公告编号：2023-047 雪松发展股份有限公司 关于延期回复深圳证券交易所 2022 年年报二次问询函的公告 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。 雪松发展股份有限公司（以下简称 "公司"）于2023年8月3日收到深圳证券 交易所上市公司管理二部（以下简称"管理二部"）下发的《关于对雪松发展股 份有限公司2022年年报的二次问询函》（公司部年报问询函〔2023〕第394号）（以 下简称"问询函"），要求公司就问询函中问题做出书面说明，在2023年8月17 日前将有关说明材料报送管理二部，同时抄送派出机构。 公司收到问询函后，立即组织相关部门就问询函涉及的问题逐项落实，由于 部分事项尚需进一步核实。为保证回复内容的真实、准确、完整，经向深圳证券 交易所申请，公司将延期回复问询函。公司预计于2023年8月24日前向深圳证券 交易所报送问询函书面回复及相关资料，经深圳证券交易所审核通过后，公司将 及时履行信息披露义务。 公司对延期回复问询函给投资者带来的不便致以诚挚的歉意。本公司指定的 信息披露媒体为巨潮资 ...

经公司董事会审计委员会提名，公司召开的第五届董事会第二十五次会议审 议通过了《关于变更公司内部审计部门负责人的议案》，同意聘任施小燕先生为 公司内部审计部门负责人，负责公司内部审计工作，任期自本次董事会审议通过 之日起至第五届董事会任期届满之日止。内部审计部门负责人个人简历见附件。 特此公告。 雪松发展股份有限公司董事会 2023年8月12日 证券代码：002485 证券简称：*ST 雪发 公告编号：2023-046 雪松发展股份有限公司 关于变更内部审计部门负责人的公告 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。 雪松发展股份有限公司（以下简称 "公司"） 董事会于近日收到公司内部 审计部门负责人李若兰女士递交的书面辞职报告，李若兰女士因个人原因辞去公 司内部审计部门负责人职务，辞职后李若兰女士将不在公司担任任何职务。 截至本公告披露日，李若兰女士未持有公司股票。根据《公司法》及《公司 章程》等相关规定，李若兰女士递交的辞职报告自送达公司董事会时生效。公司 董事会对李若兰女士在担任公司内部审计部门负责人期间为公司所做出的贡献 表示衷心的感谢！ 附件：内部 ...

证券代码：002485 证券简称：*ST 雪发 公告编号：2023-045 雪松发展股份有限公司 第五届董事会第二十五次会议决议公告 特此公告。 雪松发展股份有限公司董事会 2023年8月12日 附件：内部审计部门负责人个人简历： 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。 雪松发展股份有限公司（以下简称"公司"）第五届董事会第二十五次会议于 2023年8月11日以通讯表决的方式召开。本次会议已于2023年8月8日以邮件加电 话确认的方式发出通知，应出席董事9人，以通讯表决方式参与董事9人。会议由 董事长苏齐先生召集并主持，会议的召集、召开与表决程序符合《公司法》和《公 司章程》等相关规定。经与会董事认真审议，做出如下决议： 一、审议并通过了《关于变更公司内部审计部门负责人的议案》 公司原内部审计部门负责人李若兰女士因个人原因，已辞去公司内部审计部 门负责人职务。经公司董事会审计委员会提名，同意聘任施小燕先生为公司内部 审计部门负责人，负责公司内部审计工作，任期自本次董事会审议通过之日起至 第五届董事会任期届满之日止。内部审计部门负责人个人简历见附件。 具 ...

Financial Performance - The total operating revenue for 2021 was approximately ¥1.48 billion, a decrease of 2.05% compared to ¥1.53 billion in 2020[20] - The net profit attributable to shareholders was a loss of approximately ¥442.73 million, representing a significant decline of 2123.69% from a loss of ¥19.91 million in the previous year[20] - The basic and diluted earnings per share were both negative at ¥0.8138, a decrease of 2123.50% from ¥0.0366 in 2020[20] - The total assets at the end of 2021 were approximately ¥3.20 billion, reflecting a decrease of 5.92% from ¥3.37 billion at the end of 2020[20] - The weighted average return on net assets was -22.60% for 2021, a significant decline from -0.91% in 2020[20] - The company reported a significant non-recurring loss of CNY -403,935,859.16 in 2021, primarily due to fair value changes in investment properties[27] - The company’s diluted earnings per share for 2021 was CNY -0.8138, reflecting ongoing financial difficulties[21] - The net profit attributable to shareholders decreased by 2,123.69% year-on-year, largely due to a 5,822.88% reduction in fair value gains from investment properties[65] Cash Flow and Investments - The net cash flow from operating activities improved by 58.64%, reaching a negative ¥73.55 million compared to a negative ¥147.67 million in 2020[20] - The company reported a net cash flow from operating activities of CNY -82,348,917.01 in the first quarter of 2021, indicating cash flow challenges[26] - The net cash flow from investing activities decreased by 129.84% year-on-year, mainly due to increased investment in town projects[64] - The net cash flow from financing activities increased by 321.59% compared to last year, primarily due to an increase in cash flow from bill discounts[64] - The total amount of cash and cash equivalents decreased by 28,549,932.42, showing a 69.47% improvement in net decrease compared to the previous year[63] Business Operations and Strategy - The company has expanded its business scope to include cultural tourism project development and information system integration services as of August 2021[18] - The company aims to expand its supply chain management and comprehensive services, focusing on coal, coke, oil products, and steel[34] - The company is actively exploring innovative cooperation models in its supply chain operations, aiming for multi-party win-win scenarios with state-owned enterprises[34] - The company has established a comprehensive supply chain service model, focusing on core customers and addressing pain points in procurement, production, and sales[41] - The company has optimized its steel business model, resulting in continuous growth despite market challenges, by focusing on large steel manufacturers[41] - The company has maintained stable growth in coal and coke business by strengthening relationships with core customers, ensuring reliable supply[42] - The company has expanded its oil product business by targeting major petrochemical enterprises, leading to both profit and scale growth[43] Revenue Segments - Supply chain business revenue surged to approximately ¥1.33 billion, accounting for 89.90% of total revenue, with a remarkable year-on-year growth of 206.33%[47] - The tourism segment generated approximately ¥53.21 million, down 60.60% from ¥135.05 million in 2020, indicating a significant decline in this area[47] - The apparel segment reported revenue of approximately ¥61.13 million, a drastic decrease of 92.48% compared to ¥812.99 million in the previous year[47] Governance and Compliance - The company has faced significant risks including natural disasters, economic cycles, commodity price fluctuations, and market competition[4] - The company has made adjustments to its financial data due to accounting errors, necessitating restatements for previous years[19] - The company received a regulatory letter from the Shenzhen Stock Exchange on July 23, 2021, regarding significant accounting errors and delayed performance announcements[93] - The company is currently under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws[93] - The company emphasizes communication with stakeholders, including creditors, employees, and customers, to balance interests and fulfill social responsibilities[98] - The company adheres to strict information disclosure practices, ensuring transparency and timely reporting to all shareholders[99] Shareholder and Management Structure - The board of directors consists of 9 members, including 3 independent directors, meeting the legal requirement of over one-third independence[96] - The supervisory board operates in accordance with legal and regulatory requirements, ensuring compliance in financial operations and asset transactions[97] - The company has established various internal governance systems, including an internal audit system and a risk management framework[92] - The company has implemented measures to protect minority shareholders' rights, including online voting systems for shareholder meetings[95] - The company has a clear ownership relationship with the controlling shareholder, ensuring no guarantees provided for the debts of the controlling shareholder[101] Employee and Talent Management - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 440.05 million[120] - The company emphasizes the cultivation and enhancement of comprehensive and high-end talents, maintaining a competitive salary structure[131] - Training programs are developed annually to align with the company's strategic development needs, focusing on various skills and management areas[132] - The total number of employees at the end of the reporting period was 155, with 83 in sales, 2 in technical roles, 35 in finance, 14 in administration, and 21 in other categories[129] Future Outlook and Projections - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% to 1.8 billion yuan[108] - New product launches are expected to contribute an additional 300 million yuan in revenue, with a focus on innovative technology solutions[109] - The company is expanding its market presence, targeting a 10% increase in market share in the next year[110] - Strategic acquisitions are planned, with a budget of 500 million yuan allocated for potential mergers and acquisitions[106] Environmental and Social Responsibility - The company emphasizes environmental protection and sustainable development, integrating these aspects into its strategic planning[143] - The company has implemented measures to reduce energy consumption and pollution, fulfilling its social responsibility commitments[143] Related Party Transactions - The total expected amount of related party transactions for 2021 is RMB 1,007.60 million, while the actual amount incurred is RMB 104.75 million, indicating a significant reduction in related party transactions[163] - The company has not reported any significant related party transactions that require shareholder approval[171] Regulatory and Legal Matters - The company faced regulatory scrutiny for significant accounting errors and performance forecast corrections, receiving a warning letter from the China Securities Regulatory Commission[160] - The company has not experienced any major litigation or arbitration matters during the reporting period[159] - The company has not undergone any bankruptcy reorganization during the reporting period[158]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥1.21 billion, representing a 59.53% increase compared to the same period last year[23]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥6.03 million, which is a 71.04% increase in loss compared to the previous year[23]. - The net cash flow from operating activities improved significantly to approximately ¥34.77 million, a 239.57% increase compared to the same period last year[23]. - The total assets at the end of the reporting period were approximately ¥3.32 billion, reflecting a 3.73% increase from the end of the previous year[23]. - The net assets attributable to shareholders of the listed company decreased slightly to approximately ¥1.73 billion, a 0.32% decline compared to the previous year[23]. - The basic earnings per share for the reporting period was approximately -¥0.0111, a 70.77% decrease in loss per share compared to the previous year[23]. - The company faced significant non-operating losses, with the net profit after deducting non-recurring gains and losses amounting to approximately -¥34.38 million, a 493.64% increase in loss compared to the previous year[23]. - The weighted average return on net assets was -0.35%, a decrease of 0.19% compared to the previous year[23]. - The gross profit margin for the supply chain business was 0.92%, slightly down from 49.02% year-on-year, while the gross profit margin for the tourism segment decreased significantly to 6.37%[51]. - The company experienced a dramatic increase in income tax expenses, which rose by 8,446.98% to ¥9,440,301.47, primarily due to increased operating revenue[47]. Business Operations - The company’s supply chain management and comprehensive service business showed steady growth, focusing on core customers and extending services along the supply chain[34]. - The company established a new aluminum products division, creating a full industry chain business model that connects upstream and downstream resources[41]. - The tourism business is gradually recovering, with the company’s projects in Shangri-La and Lijiang experiencing increased visitor numbers[37]. - The company’s brand influence in the tourism sector has strengthened, with its hotel brand winning the "Best Cultural Accommodation Brand" award[38]. - The company’s supply chain technology platform "Xuesong Zhichain" has developed five software copyrights in application technology and financial technology innovation[43]. - The company’s core business areas include steel, coal, and aluminum, with steady growth in these segments due to effective customer solutions[40]. Risk Management - The company has acknowledged risks such as natural disasters, economic cycles, commodity price fluctuations, and market competition, which may impact future performance[4]. - The company has implemented strict internal controls to enhance operational management and reduce business risks[39]. - The company has established emergency response mechanisms to mitigate the impact of natural disasters on operations[69]. - The company emphasizes the importance of market research and effective marketing strategies to reduce risks associated with commodity price volatility[71]. - The company faces risks from economic cycles, commodity price fluctuations, and intensified market competition, which may impact operational performance[70][71][72]. Financial Position - The total assets at the end of the reporting period amounted to ¥3,325,000,000, with cash and cash equivalents increasing to ¥71,834,833.58, up from ¥58,953,449.77 at the end of the previous year[55]. - The company’s inventory increased to ¥69,805,778.61, up from ¥31,644,370.61, indicating a significant rise in stock levels[55]. - The company’s financing activities resulted in a net cash outflow of ¥58,728,039.00, primarily due to the repayment of bank loans, reflecting a 496.13% increase in outflow compared to the previous year[47]. - The company’s investment income surged to ¥30,516,153.66, representing 781.64% of total profit, mainly driven by futures trading profits[53]. - The company reported a derivative investment amount of 68.41 million yuan, with a net asset value of 30.51 million yuan at the end of the reporting period, reflecting a 1.31% actual loss[62]. Corporate Governance - The company held three temporary shareholder meetings and one annual meeting during the reporting period, with investor participation rates of 69.48%, 69.45%, and 69.62% for the temporary meetings, and 74.90% for the annual meeting[75][76][79]. - There were several changes in the board and management, including the election of a new chairman and independent directors, and the appointment of a new CFO[76]. - The company has issued multiple announcements regarding independent director nominations and other corporate governance matters during the reporting period[115]. - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[79]. Legal and Compliance Issues - The company reported a significant lawsuit involving a claim of approximately RMB 491.65 million (49,164.65 thousand) against it, with potential implications for future profits[92]. - The company is under investigation for alleged violations of information disclosure regulations, which may lead to administrative penalties[93]. - The company has committed to enhancing compliance with relevant laws and regulations to improve information disclosure practices[94]. - The company has faced scrutiny for not disclosing operating revenue and net revenue data in its 2021 performance forecast[93]. - The company is actively monitoring the progress of the lawsuit and will fulfill its information disclosure obligations accordingly[92]. Shareholder Information - The controlling shareholder, Xuesong Wenti, and its concerted parties hold a total of 382,468,426 shares, representing 70.30% of the company's total equity[95]. - A total of 372,662,016 shares, or 68.50% of the total equity, have been pledged, while 377,557,496 shares, or 69.40%, have been judicially frozen[95]. - The company’s total share capital remains at 544 million shares, with no changes in the number of shares held by shareholders[125]. - The largest shareholder, Guangzhou Xuesong Cultural Tourism Investment Co., Ltd., holds 63.62% of the shares, totaling 346,103,845 shares, all of which are pledged and frozen[127]. - The second largest shareholder, Guangzhou JunKai Investment Co., Ltd., holds 6.68% of the shares, totaling 36,364,581 shares, with 26,558,171 shares pledged and 31,453,651 shares frozen[127]. Future Outlook - The company aims to strengthen its risk awareness and governance practices to protect the interests of all shareholders[94]. - The company plans to lease or sell up to 19 properties with a total book value not exceeding 640 million RMB to enhance asset utilization, effective from January 2022 until the next shareholders' meeting[107]. - The company is actively negotiating repayment and extension plans for overdue debts with related parties[112].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,214,373,390.19, representing a 59.53% increase compared to ¥761,205,434.26 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was -¥6,032,167.14, a decrease of 71.04% from -¥3,526,660.49 in the previous year[23]. - The net cash flow from operating activities improved to ¥34,771,380.34, a significant increase of 239.57% compared to -¥24,913,366.62 in the same period last year[23]. - The total assets at the end of the reporting period were ¥3,322,055,770.22, reflecting a 3.73% increase from ¥3,202,464,834.22 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company decreased slightly by 0.32% to ¥1,732,158,261.78 from ¥1,737,538,559.22 at the end of the previous year[23]. - The basic and diluted earnings per share were both -¥0.0111, a decline of 70.77% from -¥0.0065 in the same period last year[23]. - The company reported a substantial increase in income tax expenses to ¥9,440,301.47, up 8,446.98% from ¥110,451.96 due to increased operating income[46]. - The company reported a net profit attributable to shareholders of negative value for the year 2021, with operating revenue below 100 million RMB, leading to a "delisting risk warning" for its stock starting May 6, 2022[119]. Cash Flow and Investments - The net cash flow from investing activities surged to ¥32,583,921.96, marking a 1,325.52% increase from ¥2,285,756.47 year-on-year[46]. - The net increase in cash and cash equivalents was ¥8,626,671.63, a 126.56% improvement from -¥32,480,379.56 in the previous year[46]. - The company reported a significant increase in cash inflow from operating activities, totaling ¥2,729,924,632.79 in the first half of 2022, compared to ¥1,103,229,148.05 in the same period of 2021, marking an increase of approximately 147%[154]. - The cash flow from investment activities for the first half of 2022 was ¥32,583,921.96, compared to ¥2,285,756.47 in the same period of 2021, indicating a significant improvement[155]. - The total cash outflow from investment activities was 240,077,950.60 CNY, compared to 420,948,873.00 CNY in the previous period[157]. Operational Risks and Challenges - The company has acknowledged various risks including natural disasters, economic cycles, commodity price fluctuations, and market competition[4]. - The company faces risks from commodity price fluctuations, which could significantly impact profitability due to the correlation with macroeconomic cycles[70]. - The company is exposed to economic cycle risks that may affect consumer demand and operational performance due to complex domestic and international conditions[69]. - Major subsidiaries reported significant losses, with Jiaxing Songlv Cultural Tourism Development Co., Ltd. posting a net loss of approximately 4.37 million yuan[66]. Corporate Governance and Shareholder Matters - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company held three temporary shareholder meetings and one annual shareholder meeting during the reporting period, with investor participation rates of 69.48%, 69.45%, 69.62%, and 74.90% respectively[74][75]. - There were significant changes in the board of directors and management, including the election of a new chairman and independent directors in January and August 2022[75]. - The company has not faced any administrative penalties related to environmental issues and is not classified as a key pollutant discharge unit[81]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[86]. Strategic Initiatives and Future Outlook - The company plans to expand its market presence by launching new products in the upcoming quarter[159]. - The company expects a revenue growth of 8% for the next quarter, driven by new product launches and market expansion strategies[159]. - The company is exploring potential acquisition opportunities to enhance its product offerings and market share[168]. - The company plans to increase its marketing budget by 25% to support the upcoming product launches and market expansion initiatives[171]. - The company has set a performance guidance of 10% revenue growth for the upcoming quarter[168]. Research and Development - The company has allocated a budget of 100 million for research and development in the upcoming year to support new technology advancements[172]. - Research and development expenses for the period amounted to 1,200.00 million yuan, accounting for 10.00% of total revenue[159]. - Research and development expenses increased by 25% to support innovation and new technology[168]. Financial Position and Equity - The total equity attributable to shareholders was CNY 2,265,019,854.53 at the end of the reporting period[164]. - The total liabilities and equity at the end of the reporting period were CNY 2,265,019,854.53[164]. - The total owner's equity decreased by CNY 19,551,000.00 due to profit distribution[166]. - The total assets at the end of the period amounted to 5.44 billion yuan, showing a significant increase compared to the previous year's amount[173]. Compliance and Accounting Practices - The financial statements are prepared based on the assumption of going concern, indicating the company’s ability to continue operations for at least 12 months from the reporting date[183]. - The company adheres to the enterprise accounting standards, ensuring that financial reports reflect its financial status and operating results accurately[185]. - The company uses RMB as its functional currency for accounting purposes[188].

Financial Performance - The total revenue for 2021 was approximately ¥1.48 billion, a decrease of 2.05% compared to 2020[21] - The net loss attributable to shareholders was approximately ¥442.73 million, representing a significant increase of 2123.69% compared to the previous year[21] - The basic and diluted earnings per share were both -¥0.8138, reflecting a decline of 2123.50% compared to 2020[21] - The weighted average return on equity was -22.60%, a decrease of 21.69% from the previous year[21] - The net profit attributable to shareholders decreased by 2,123.69% year-on-year, largely due to a 5,822.88% reduction in fair value gains from investment properties[68] - The company reported a significant decrease in investment income, with losses from fair value changes accounting for 88.21% of total profit[70] - The company’s diluted earnings per share for the latest share capital was negative ¥0.8138[23] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was negative ¥30.82 million for Q4 2021, with a total annual net profit of negative ¥40.39 million[27][29] Cash Flow and Assets - The net cash flow from operating activities improved by 58.64%, amounting to approximately -¥73.55 million[21] - The total assets at the end of 2021 were approximately ¥3.20 billion, a decrease of 5.92% from the previous year[22] - The net cash flow from operating activities increased by 58.64% year-on-year, primarily due to improved collection efforts[66] - The total cash and cash equivalents decreased by 69.47% year-on-year, reflecting a net decrease of CNY 28,549,932.42[66] - The proportion of investment properties in total assets decreased by 15.79%, attributed to ongoing economic environment impacts[71] - The company's short-term borrowings increased by 1.30% year-on-year, reaching CNY 101,436,083.38[71] Business Operations and Strategy - The company plans not to distribute cash dividends or issue bonus shares for the year[5] - The company has expanded its business scope to include cultural tourism project development and information system integration services[19] - The company is expanding its supply chain management and comprehensive service business, focusing on coal, coke, oil products, and steel, while also enhancing its operational model through the "智链" platform[36] - The company has been actively developing cultural tourism projects, including several tourist towns across China, to leverage its resources in first-tier tourist destinations[36] - The company has implemented a regional operational model for its apparel sales, focusing on targeted customer development in key areas and industries[37] Market and Industry Trends - The domestic tourism industry saw a total of 3.246 billion trips in 2021, a year-on-year increase of 12.8%, recovering to 54.0% of 2019 levels[34] - The apparel industry in China reported a revenue of ¥1.48 trillion in 2021, reflecting an increase of ¥112.61 billion or 8.22% from 2020[35] - The company’s apparel segment saw a drastic decline in revenue, dropping 92.48% to approximately ¥61.13 million[49] - The tourism segment generated approximately ¥53.21 million, a significant decline of 60.60% compared to ¥135.05 million in 2020[49] Risk Management - The company has faced significant risks including natural disasters, economic cycles, and market competition[4] - Commodity price fluctuations pose a significant risk to the company's profitability, necessitating in-depth market research and effective marketing strategies[90] - The company recognizes risks from major natural disasters and economic cycles, which could adversely affect business operations and performance[87][89] - The company faces intensified market competition and plans to leverage its strengths to enhance core competitiveness and market share[91] Governance and Compliance - The company received a regulatory letter from the Shenzhen Stock Exchange on July 23, 2021, regarding significant accounting errors and delayed performance announcements[96] - The company is currently under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws[96] - The company has established various internal management systems, including an internal audit system and a risk management system, to ensure compliance and operational integrity[98] - The company emphasizes communication with shareholders through multiple channels, ensuring that minority shareholders can fully exercise their rights[98] - The company has implemented measures to enhance compliance with information disclosure regulations following regulatory actions[165] Shareholder Engagement - The annual shareholders' meeting had a participation rate of 74.58% on May 19, 2021, indicating strong investor engagement[106] - The first extraordinary shareholders' meeting in 2021 had a participation rate of 69.46% on June 23, 2021, reflecting continued investor interest[107] - The second extraordinary shareholders' meeting in 2021 had a participation rate of 69.81% on July 27, 2021, showing consistent shareholder involvement[107] - The third extraordinary shareholders' meeting in 2021 had a participation rate of 69.45% on September 14, 2021, maintaining a high level of shareholder engagement[107] Human Resources - The total number of employees at the end of the reporting period was 155, with 26 from the parent company and 129 from major subsidiaries[133] - The employee composition includes 83 sales personnel, 2 technical staff, 35 finance personnel, 14 administrative staff, and 21 others[133] - The educational background of employees shows 74 with a bachelor's degree or above, 48 with a college diploma, and 33 with a secondary vocational education or below[134] - The company emphasizes a competitive salary structure consisting of basic salary, position salary, and performance salary, focusing on talent cultivation and optimization[135] Research and Development - Research and development expenses increased by 41.91% to ¥3,216,470.63, primarily due to higher personnel costs[61] - R&D investment decreased by 31.57% to ¥3,216,470.63, with R&D investment as a percentage of operating income at 0.22%[65] - Research and development investments increased by 30%, totaling 150 million yuan, aimed at advancing new technologies[115] Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 15% to 1.725 billion yuan[111] - New product launches are expected to contribute an additional 200 million yuan in revenue, with a focus on innovative technology solutions[112] - The company plans to enter two new international markets, which are projected to generate an additional 100 million yuan in revenue[116] - The management team emphasized a commitment to sustainability, with plans to reduce operational costs by 5% through efficiency improvements[117]