Financial Performance - The company's operating revenue for the reporting period was ¥952,704,248.75, a decrease of 1.66% compared to the same period last year[23]. - Net profit attributable to shareholders of the listed company reached ¥89,467,305.68, representing a significant increase of 109.24% year-on-year[23]. - The net cash flow from operating activities was ¥372,155,810.90, an increase of 319.35% compared to the previous year[23]. - Basic earnings per share rose to ¥0.14, reflecting a growth of 75.00% from the previous year[23]. - Total assets at the end of the reporting period were ¥2,232,703,178.95, a decrease of 10.38% from the end of the previous year[23]. - The net assets attributable to shareholders of the listed company increased by 3.38% to ¥1,451,994,139.35 compared to the previous year[23]. - The weighted average return on net assets was 6.20%, an increase of 2.26% compared to the previous year[23]. - The gross profit margin improved to 21.47%, an increase of 4.63% compared to the previous year[41]. - The company reported a profit before tax of CNY 113.55 million, a year-on-year increase of 93.51%[33]. - The company aims for a net profit growth of 70%-120% for the full year, aligning with its strategic growth targets[38]. Investment and Acquisitions - The company plans to acquire 70% of Wenzhou Bode Technology Co., Ltd. through a combination of issuing shares and cash payments, which is currently in the planning and implementation stage[5]. - The company successfully acquired Guangdong Changsheng Lighting Technology Co., expanding its business into energy-saving lighting solutions[31]. - The company invested a total of ¥25,500,000 in Guangdong Changsheng, acquiring a 51% equity stake in the company, which focuses on energy management business using high-power xenon lighting technology[49]. - The company plans to invest CNY 136.74 million in the Anhui Shengxing annual production line project and CNY 49.65 million in the Zhongshan Shengxing project, enhancing production capacity[37]. Cash Flow and Financial Management - The cash flow from operating activities increased by 319.35% to CNY 372.16 million, indicating improved cash collection efforts[36]. - The total amount of raised funds was ¥314,147,800, with ¥71,070,700 invested during the reporting period, and a cumulative investment of ¥160,348,300[53]. - The company has accumulated a net interest income of ¥993,400 from the raised funds, with a remaining balance of ¥154,792,900, of which ¥145,710,000 is temporarily used for working capital[54]. - The company utilized 21,000 million CNY of idle raised funds to temporarily supplement working capital, with a remaining balance of 14,571 million CNY as of June 30, 2016[57]. - The company has cumulatively returned 6,429 million CNY of the raised funds used for working capital[57]. Corporate Governance and Compliance - The company has established a complete decision-making process and mechanism for its cash dividend policy[69]. - The company ensures that minority shareholders have sufficient opportunities to express their opinions and that their legal rights are fully protected[69]. - The company adheres to relevant laws and regulations in its corporate governance practices, ensuring a sound internal control environment[75]. - The company has implemented a comprehensive information disclosure and investor relations management system to ensure timely and accurate information dissemination[81]. - The company has not experienced any direct interference in its operations and decision-making by the controlling shareholder[77]. Legal Matters and Litigation - The company is involved in a significant lawsuit with Beijing Qingsongling Beverage Co., with a total claim amount of RMB 352,882.56 (approximately USD 52,000) for economic losses[82]. - The court ruled that Beijing Qingsongling and Beijing Shengxing must jointly compensate the plaintiff for losses amounting to RMB 182,300 (approximately USD 27,000) within five days of the judgment[82]. - The company has ongoing litigation with Fujian Hengxing, claiming RMB 1,950,000 (approximately USD 290,000) in economic damages, with the case still under trial as of June 30, 2016[83]. Shareholder Information - The total number of shares increased from 420,000,000 to 630,000,000 after a stock dividend of 168,000,000 shares and a capital reserve conversion of 42,000,000 shares[119]. - The company distributed cash dividends totaling 42,000,000 RMB, amounting to 1.00 RMB per share (including tax) to all shareholders[119]. - The proportion of restricted shares decreased from 85.71% to 82.61% following the release of 14,895,424 shares for public trading[118]. - The company has a total of 31,001 ordinary shareholders at the end of the reporting period[127]. Financial Position and Assets - The company's total assets decreased to CNY 1,804.74 million from CNY 1,913.21 million at the beginning of the year, a decline of approximately 5.7%[145]. - Total liabilities decreased to CNY 750.91 million, down 30.0% from CNY 1,074.99 million year-on-year[142]. - Shareholders' equity increased to CNY 1,481.80 million, up from CNY 1,416.43 million, reflecting a growth of 4.6%[142]. - The company’s total equity at the end of the period was CNY 989.09 million, up from CNY 633.36 million at the beginning of the period, indicating a growth of approximately 56.3%[171]. Operational Insights - The company primarily operates in the metal packaging industry, producing products such as tinplate cans and aluminum cans, which are essential for beverage and food packaging[175]. - The company has a total of 11 subsidiaries, with one new subsidiary added during the reporting period, indicating ongoing expansion[177]. - The company maintains a continuous operating capability for at least 12 months following the reporting period, indicating financial stability[181].

Financial Performance - The company's operating revenue for Q1 2016 was ¥565,410,475.49, representing a 7.68% increase compared to ¥525,077,778.73 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2016 was ¥57,505,721.20, a significant increase of 104.71% from ¥28,091,961.30 in the previous year[8]. - The net cash flow from operating activities reached ¥158,060,503.82, marking a 144.19% increase compared to ¥64,729,732.56 in the same period last year[8]. - Basic earnings per share for Q1 2016 were ¥0.14, up 75.00% from ¥0.08 in the same period last year[8]. - Operating income for the reporting period was CNY 957,230.83, an increase of 227.82% compared to the same period last year, primarily due to increased government subsidy income[19]. - The net profit attributable to shareholders for the first half of 2016 is expected to increase by 70.00% to 120.00%, ranging from 72.69 million to 94.07 million CNY, compared to 42.76 million CNY in the same period of 2015[32]. - The company reported effective control over costs and expenses, contributing to revenue growth during the reporting period[33]. - The company anticipates a positive net profit for the first half of 2016, indicating a stable financial outlook[32]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,381,701,789.18, a decrease of 4.40% from ¥2,491,416,064.91 at the end of the previous year[8]. - The company's net assets attributable to shareholders increased by 4.06% to ¥1,461,454,199.37 from ¥1,404,470,322.86 at the end of the previous year[8]. - The balance of accounts receivable decreased by 37.2% to ¥301,020,620.90, reflecting the company's enhanced collection efforts[15]. - The balance of prepayments increased by 152.17% to ¥90,862,882.62, primarily due to increased procurement activities[15]. - The balance of construction in progress rose by 54.81% to ¥47,952,634.10, attributed to investments in fundraising projects[16]. Cash Flow and Expenses - Cash received from sales of goods and services for the reporting period was CNY 766,923,028.94, an increase of 30.44% year-on-year, mainly due to enhanced collection efforts[21]. - Cash received from other operating activities for the reporting period was CNY 6,548,891.14, a decrease of 51.91% year-on-year, mainly due to a reduction in bank acceptance bill issuance guarantee deposits[21]. - Cash paid for various taxes for the reporting period was CNY 59,255,016.19, an increase of 55.20% year-on-year, mainly due to overpayment of taxes during the reporting period[21]. - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was CNY 69,852,528.41, an increase of 30.92% year-on-year, mainly due to increased investment in fundraising projects[21]. - Cash received from borrowings for the reporting period was CNY 15,002,922.00, a decrease of 69.46% year-on-year, mainly due to reduced bank loans during the reporting period[21]. - Financial expenses for the reporting period were CNY 5,084,691.69, a decrease of 51.87% year-on-year, primarily due to the use of temporarily idle raised funds to supplement working capital and reduce bank loan scale[19]. - Income tax expenses for the reporting period were CNY 20,200,900.20, an increase of 68.98% year-on-year, mainly due to increased profits for the period[19]. - Asset impairment losses for the reporting period were -CNY 4,030,754.13, a decrease of 273.78% year-on-year, mainly due to increased collection efforts and a decrease in accounts receivable[19]. Shareholder Commitments and Governance - The company held 18,005,456 shares before its initial public offering, accounting for 5.0015% of the total shares prior to the IPO of 36 million shares[25]. - The controlling shareholder, Shengxing Holdings, committed to not reducing its holdings by more than 5% of the total shares within 6 months after the lock-up period ends[25]. - Shengxing Holdings will not reduce its holdings by more than 10% of the total shares within 12 months after the lock-up period ends[25]. - The company will disclose any reduction in holdings 3 trading days in advance and complete it within 6 months, adhering to Shenzhen Stock Exchange rules[26]. - The maximum reduction in shares by Ruishi Holdings within 6 months after the lock-up period is limited to 50% of its total shares held[26]. - The company has committed to avoiding any direct or indirect competition with its own business during the control period[26]. - The company will not engage in any business that competes with its operations, including the production and sale of metal containers for food and beverages[26]. - The company will ensure that any future acquisitions or investments do not conflict with its existing business interests[26]. - The company has established a commitment to maintain consistent voting rights among its controlling shareholders[26]. - The company will adhere to all relevant laws and regulations regarding share reduction and competition avoidance[26]. - The company has committed to minimizing related party transactions during its control period, ensuring fairness and reasonable pricing in unavoidable transactions[28]. - The company has established a stock price stabilization plan, promising to take measures if the stock price falls below the audited net asset value per share for 20 consecutive trading days within three years post-IPO[28]. - The company guarantees strict adherence to the disclosure commitments made in the prospectus, including public explanations for any non-compliance[28]. - The actual controllers of the company have pledged not to engage in any competing business activities that could harm the company's interests[27]. - The company will not develop similar businesses in the future to avoid conflicts of interest and ensure long-term stability[27]. - The company has outlined its commitment to compensate for any losses incurred due to violations of the aforementioned commitments[27]. - The company will ensure compliance with relevant laws and regulations regarding related party transactions and information disclosure[28]. - The company has emphasized the importance of maintaining investor confidence and protecting shareholder interests through its commitments[28]. - The company has made a commitment to avoid any actions that could damage the legal rights of its shareholders[28]. - The company has established a priority right for new business development, ensuring that it will not engage in similar business activities as its controlled entities[27]. - The controlling shareholder and actual controller of the company have committed to fulfilling the promises disclosed in the prospectus[29]. - If the controlling shareholder fails to fulfill the commitments, they will bear the compensation responsibility for any losses incurred by the company or investors[29]. - The company’s board members have pledged to strictly adhere to the commitments made in the prospectus[29]. - The controlling shareholder has guaranteed not to transfer their shares for 36 months following the company's stock listing[29]. - The company will deduct cash dividends from the controlling shareholder to cover any compensation obligations[29]. - The controlling shareholder has committed to compensating for any economic losses caused by issues related to property leasing before the IPO[29]. - The company has established measures to ensure compliance with the commitments made by its directors and senior management[29]. - The controlling shareholder's commitments are aimed at protecting the interests of the company and its investors[29]. - The company has outlined specific penalties for non-compliance with the disclosed commitments[29]. - The commitments made by the controlling shareholder are intended to mitigate risks and ensure the company's stability[29]. Compliance and Investor Relations - There were no instances of non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[34]. - The company has committed to compensating investors for any losses resulting from false statements or omissions in the IPO prospectus, with a response time of three working days after such determinations[31]. - All directors, supervisors, and senior management have confirmed that the IPO prospectus does not contain false records or misleading statements[31]. - The company has maintained compliance with all commitments made to minority shareholders, confirming timely fulfillment[31]. - The company has not engaged in any external guarantees that violate regulations during the reporting period[33]. - The company has not conducted any investor communications or interviews during the reporting period[35]. - The company continues to uphold its commitments regarding the accuracy of its financial disclosures and investor protections[31].

Financial Performance - The company's operating revenue for 2015 was ¥2,040,259,315.78, representing a 9.08% increase compared to ¥1,870,470,220.76 in 2014[28]. - The net profit attributable to shareholders for 2015 was ¥131,793,651.47, an increase of 18.66% from ¥111,067,245.58 in 2014[28]. - The net profit after deducting non-recurring gains and losses was ¥118,718,032.03, up 12.90% from ¥105,156,414.52 in 2014[28]. - The company's total assets at the end of 2015 were ¥2,491,416,064.91, a 6.41% increase from ¥2,341,325,259.41 at the end of 2014[28]. - The net assets attributable to shareholders increased by 46.44% to ¥1,404,470,322.86 from ¥959,051,338.61 in 2014[28]. - The basic earnings per share for 2015 was ¥0.330, a 6.45% increase from ¥0.310 in 2014[28]. - The company reported a net cash flow from operating activities of ¥131,878,834.30, down 13.31% from ¥152,131,687.74 in 2014[28]. - The total profit for the year was CNY 178.77 million, reflecting a growth of 19.13% from CNY 150.06 million in the previous year[49]. - The company achieved a net profit of RMB 41,577,741.45 for the year 2015, with a distributable profit of RMB 266,989,507.87 after accounting for retained earnings from 2014[114]. Market Position and Competition - The company is the largest domestic producer of metal cans for food, beverages, and beer, but faces intense competition with over 1,400 companies in the metal packaging sector[5]. - The metal packaging industry in China is still in its early stages, with per capita consumption at $5 compared to $13.6 globally, indicating significant growth potential[39]. - The company faces significant market competition with over 1,400 domestic metal packaging manufacturers, which may impact market share and profitability[96]. - Major clients include well-known brands such as Yili Group, Qingdao Beer, and Wanglaoji, indicating a strong market presence[37]. - The company has established strategic partnerships with several well-known food, beverage, and beer brands, enhancing its customer base and market position[42]. Production and Operations - The company's main business involves the design, production, and sales of metal cans, primarily serving the food, beverage, and beer industries[37]. - The company operates 31 production lines for three-piece tin cans and 2 production lines for two-piece aluminum cans, covering major developed regions in China[39]. - The company employs a rolling planning system to align production with market demand, enhancing resource efficiency and reducing inventory[37]. - The company has a well-established production base layout, effectively reducing transportation costs and improving supply chain efficiency for its customers[44]. - The company has added 4 new patents during the reporting period, reflecting its commitment to innovation and technology development[41]. Risks and Challenges - The company faces risks related to the concentration of core customers, which could impact sales if these customers experience significant operational issues[7]. - The company is exposed to raw material price volatility, particularly for tinplate and aluminum, which could affect profit margins if prices rise significantly[6]. - The company acknowledges the risk of product substitution as new packaging materials may replace traditional metal cans, impacting profitability[8]. - The company's sales are highly concentrated among core customers, which poses risks if these customers face operational challenges or change packaging methods[98]. - The company’s production and sales are subject to seasonal fluctuations, with lower performance in the first half of the year and a significant increase in the second half, particularly around major holidays[100]. Quality Management - The company has established a comprehensive quality management system based on ISO9001, ensuring compliance with food packaging standards[11]. - The company has a comprehensive quality control system, ensuring high standards in production processes and product quality, which is recognized by leading enterprises in the industry[43]. - The introduction of the SPC software system enabled online quality control, enhancing product quality stability throughout the production process[48]. Financial Strategy and Shareholder Relations - The company plans to distribute cash dividends of 1 RMB per 10 shares and issue 4 bonus shares for every 10 shares held, based on a total of 420 million shares[15]. - The company has not implemented profit distribution or capital reserve conversion in the past three years, indicating a focus on reinvestment[110]. - The company has committed to maintaining a minimum cash dividend payout ratio of 20% during its growth phase[113]. - The controlling shareholders have signed an agreement to act in concert, maintaining unified decision-making in board and shareholder meetings[118]. Governance and Compliance - The company has committed to compensating investors for any losses incurred due to false statements or omissions in the IPO prospectus[122]. - The company has established long-term commitments to fulfill its disclosure obligations, ensuring ongoing compliance and investor protection[120]. - The company has maintained compliance with all regulatory requirements regarding its IPO[121]. - The company has a diverse board with independent directors holding significant academic and professional qualifications[176]. Future Outlook - The company is investing in new technology development, allocating $50 million towards R&D initiatives in the upcoming year[182]. - Market expansion plans include entering three new international markets, aiming for a 25% increase in market share[183]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of $100 million earmarked for potential deals[182]. - The management team emphasized the importance of sustainability initiatives, targeting a 30% reduction in carbon emissions by 2025[183].

Financial Performance - Operating revenue decreased by 4.05% to CNY 574,715,015.16 compared to the same period last year[6] - Net profit attributable to shareholders increased by 6.84% to CNY 48,082,083.85 compared to the same period last year[6] - Total operating revenue for Q3 2015 was CNY 574,715,015.16, a decrease of 4.1% from CNY 598,947,304.91 in the same period last year[42] - Net profit for Q3 2015 reached CNY 48,243,162.95, an increase of 8.0% compared to CNY 44,487,973.78 in Q3 2014[43] - The net profit attributable to shareholders for 2015 is expected to range from 11,106.72 million to 14,438.74 million RMB, reflecting a growth of 0.00% to 30.00% compared to the previous year[27] - The operating profit for the quarter was CNY 120,854,139.34, compared to CNY 106,226,631.35 in the previous year, representing a growth of 13.8%[51] - The total comprehensive income for the quarter was CNY 90,677,123.22, compared to CNY 79,789,106.18 in the previous year, indicating a growth of 13.5%[51] Assets and Liabilities - Total assets increased by 10.31% to CNY 2,582,670,663.26 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 42.22% to CNY 1,363,924,752.98 compared to the end of the previous year[6] - The company's total assets increased to CNY 1,881,293,985.93, up from CNY 1,678,397,717.32 year-over-year, reflecting a growth of 12.1%[40] - Total liabilities decreased to 1,205,482,948.16 RMB from 1,368,962,467.53 RMB, reflecting a reduction of about 11.9%[36] - The ending balance of non-current liabilities due within one year is 85,000,000.00 yuan, an increase of 130.29% compared to the beginning of 2015, primarily due to long-term bank loans maturing within 12 months[15] Cash Flow - Net cash flow from operating activities increased by 33.65% to CNY 142,402,495.58 year-to-date[6] - Cash inflow from operating activities totaled CNY 1,703,631,688.63, an increase from CNY 1,606,580,483.13 in the previous period, representing a growth of approximately 6.05%[58] - Cash outflow for investing activities was CNY 118,313,498.13, a decrease from CNY 252,814,541.46, reflecting a reduction of approximately 53.25%[59] - Cash paid for debt repayment was 456,000,000.00 yuan, an increase of 94.04% year-on-year, mainly due to increased repayments of bank loans[19] - The ending balance of cash and cash equivalents increased to CNY 238,163,264.47 from CNY 83,224,158.38, marking a significant rise of approximately 186.66%[59] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,651[9] - The controlling shareholder, Shengxing Holdings, and actual controllers Lin Yongxian, Lin Yongbao, and Lin Yonglong committed to strictly fulfill the disclosure commitments in the prospectus[24] - Ruishi Holdings will not transfer or manage its shares for 12 months post-IPO, ensuring compliance with relevant laws and regulations[25] - The company has committed to compensating investors for losses caused by any false statements or omissions in the prospectus[25] - The company guarantees that if any losses occur due to unfulfilled commitments by the controlling shareholder, they will be legally liable for compensation[24] Operational Expenses - Management expenses for the reporting period were 60,641,011.01 yuan, an increase of 35.88% year-on-year, attributed to the expansion of business scale and increased personnel costs[18] - Operating tax and additional charges for the reporting period amounted to 5,585,173.50 yuan, an increase of 60.38% year-on-year, primarily due to an increase in payable value-added tax[18] - The management expenses increased to CNY 60,641,011.01 from CNY 44,628,391.56, marking a rise of 35.9% year-over-year[50] Future Plans and Commitments - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[43] - The company has committed to reducing related party transactions during its control period, ensuring fair pricing and legal compliance[23] - The company has established measures to ensure compliance with the commitments made in the prospectus[24]

Financial Performance - The company's operating revenue for the first half of 2015 was ¥968,784,374.82, representing a 16.40% increase compared to ¥832,291,317.20 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥42,759,152.81, up 17.85% from ¥36,282,273.88 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,595,108.03, reflecting a 19.91% increase from ¥35,522,434.18 year-on-year[21]. - The total profit for the reporting period was 58.68 million yuan, up 19.86% compared to the same period last year[30]. - The company plans to achieve a net profit growth of 5%-25% for the full year, with a target range of 38.10 million to 45.35 million yuan[34]. - The total revenue for the subsidiaries in the first half of 2015 was approximately 204.40 million RMB for Beijing, 241.47 million RMB for Shandong, 205.90 million RMB for Anhui, and 86.06 million RMB for Zhengzhou[58]. - The net profit for the subsidiaries was reported as 12.89 million RMB for Beijing, 9.99 million RMB for Shandong, 4.84 million RMB for Anhui, and 4.18 million RMB for Zhengzhou[58]. - The company expects a net profit attributable to shareholders for the first nine months of 2015 to range between 8.13 million RMB and 10.57 million RMB, representing a growth of 0% to 30% compared to the same period in 2014[62]. Cash Flow and Assets - The net cash flow from operating activities was ¥88,746,189.48, a decrease of 16.75% compared to ¥106,603,165.69 in the same period last year[21]. - The company's cash and cash equivalents increased to ¥268,810,987.06 from ¥199,814,306.37, representing a growth of approximately 34.5%[125]. - The company's cash flow from operating activities netted a significant increase, highlighting improved operational efficiency and revenue generation capabilities[145]. - The total assets at the end of the reporting period were ¥2,380,398,345.56, which is a 1.67% increase from ¥2,341,325,259.41 at the end of the previous year[21]. - The company's total assets increased to ¥2,380,398,345.56, compared to ¥2,341,325,259.41 at the beginning of the year, marking a growth of 1.7%[128]. - The company's short-term borrowings decreased significantly from ¥521,000,000.00 to ¥290,000,000.00, a reduction of approximately 44.3%[126]. - The total liabilities decreased to ¥1,051,400,509.58 from ¥1,368,962,467.53, a reduction of 23.2%[128]. Shareholder Information - The controlling shareholder, Shengxing Holdings, held 336,101,848 shares prior to the company's initial public offering, representing 93.3617% of the total shares of 36 million[99]. - The proportion of shares held by foreign investors decreased from 98.36% to 84.31% following the IPO[109]. - The company has committed to repurchase shares if the IPO prospectus is found to contain false statements or omissions that materially affect the judgment of compliance with legal issuance conditions[102]. - The largest shareholder, Shengxing Holdings Limited, holds 80.02% of the shares, totaling 336,101,848 shares[113]. - The company has made commitments to shareholders regarding the holding and potential reduction of shares by its major shareholder, Ruishi Holdings[102]. Production and Operations - The company successfully completed the construction of the aluminum two-piece can production line in Anhui in May 2015, enhancing production capacity[33]. - The company has a total of 28 production lines for three-piece cans and 2 production lines for two-piece cans, positioning it as a leading manufacturer in the industry[38]. - The company has established strategic partnerships with several well-known food and beverage brands, becoming a core supplier of metal cans[39]. - The company is focused on enhancing its production capabilities and expanding its market presence through strategic investments in new technologies and facilities[60]. Legal Matters - The company reported a total economic loss of 89,507.85 thousand yuan due to a court ruling against it, which requires compensation to Beijing Dongchuang Jiacheng Trading Co., Ltd. and others[74]. - The company is involved in ongoing litigation with a claim amounting to 65,616 yuan for goods and storage fees, with a total of 93,739 yuan including penalties[75]. - A separate lawsuit involves a claim of 400,000 yuan against Fujian Hengxing for product liability, with the case currently under review[75]. - The company has faced a court ruling requiring a payment of 381,840 yuan from Shida Xuan (Foshan) Beverage Co., Ltd., which remains unpaid[75]. - The company has not reported any major litigation or arbitration matters during the reporting period[74]. Governance and Compliance - The company has established a comprehensive internal governance structure in compliance with relevant laws and regulations to ensure effective management and oversight[67]. - The company has implemented a robust information disclosure and investor relations management system to ensure timely and accurate communication with shareholders[73]. - The financial report was approved by the board on August 25, 2015, ensuring compliance with accounting standards[163]. - The company has taken measures to ensure compliance with regulatory requirements and protect investor interests[101]. Financial Reporting and Accounting Policies - The accounting policies are based on the accrual basis, reflecting the company's commitment to transparency and accuracy in financial reporting[166]. - The company recognizes the fair value of acquired assets and liabilities in a business combination under common control, adjusting the initial investment cost accordingly[175]. - The consolidated financial statements include the financial results of subsidiaries from the date control is obtained, reflecting their revenues and expenses in the consolidated income statement[181]. - The company applies fair value measurement for financial assets, with gains or losses recognized in profit or loss for the period[198].