Financial Performance - The company's operating revenue for 2020 was ¥3,255,111,387.16, a decrease of 50.02% compared to ¥6,512,430,900.39 in 2019[16] - The net profit attributable to shareholders for 2020 was ¥67,692,388.04, representing an increase of 7.55% from ¥62,942,762.72 in 2019[16] - Basic earnings per share for 2020 were ¥0.18, up 5.88% from ¥0.17 in 2019[17] - Total assets at the end of 2020 were ¥6,099,962,497.04, a decrease of 6.35% from ¥6,513,236,919.20 at the end of 2019[17] - The net assets attributable to shareholders increased by 4.87% to ¥1,449,143,912.31 at the end of 2020, compared to ¥1,381,853,954.18 at the end of 2019[17] - The company reported a net cash flow from operating activities of ¥51,172,265.12 for 2020, down 17.41% from ¥61,960,936.18 in 2019[16] - The weighted average return on equity for 2020 was 4.76%, slightly up from 4.63% in 2019[17] - The company's operating profit for the year was CNY 8,860.42 million, a slight decrease of 0.75% year-on-year[46] - The company achieved operating revenue of CNY 325,511.14 million in 2020, a year-on-year decrease of 50.02% due to changes in accounting policies[46] - The company realized a net profit attributable to shareholders of CNY 6,769.24 million, an increase of 7.55% year-on-year[46] Cash Dividends - The company plans to distribute a cash dividend of ¥0.36 per 10 shares, based on a total of 373,318,054 shares[4] - The company proposed a cash dividend of RMB 0.36 per 10 shares for the year 2020, totaling RMB 13,501,955.67, which is 19.95% of the net profit attributable to shareholders[111] - The cash dividend payout ratio for 2020 was 100% of the total profit distribution[111] - The cash dividend for 2019 was RMB 0.18 per 10 shares, totaling RMB 6,719,724.97, which was 10.68% of the net profit[110] - The cash dividend for 2018 was RMB 0.47 per 10 shares, totaling RMB 17,545,948.54, which was 17.18% of the net profit[110] Business Operations and Strategy - The company has not made any changes to its main business since its listing[15] - The company has established strategic partnerships in the medical device sector, enhancing its supply chain management capabilities[27] - The company is expanding its financing leasing business in the medical device sector to alleviate clients' financial pressures[28] - The cross-border e-commerce business is being optimized to provide comprehensive supply chain management solutions, including customs clearance and overseas procurement[29] - The company is developing a global delivery platform to support the "Belt and Road" initiative, integrating resources for comprehensive supply chain services[32] - The company has expanded its business segments to include traditional supply chain ICT, medical B2B, financing leasing, cross-border e-commerce, municipal infrastructure, and global delivery[35] - The company plans to introduce technologies such as OCR, RPA, BI, and AI for digital transformation in supply chain management[40] - The company has established strategic partnerships with multiple banks, ensuring sufficient credit lines to support rapid expansion and meet growing payment needs[42] Risk Management - The company has indicated potential risks in its future operations, which are detailed in the report[4] - The company has implemented a risk control system to manage various operational and financial risks associated with supply chain management[43] - The company faces risks from macroeconomic factors such as US-China trade tensions and the ongoing pandemic, which may affect customer demand and business volume[97] - The company is exposed to risks related to its reliance on the ICT industry, which can impact profitability due to fluctuations in industry demand[99] - The company is implementing measures to mitigate risks associated with accounts receivable and talent management to ensure operational efficiency[101][102] Supply Chain Management - The company has developed a strong supply chain management consulting capability, helping clients achieve "just-in-time" production and "zero inventory" management[37] - The company has optimized its supply chain management processes and information systems to enhance efficiency amid challenges from the COVID-19 pandemic and trade tensions[48] - The company has been included in the procurement supplier list of major state-owned enterprises, facilitating rapid growth in municipal infrastructure business[50] - The company reported a gross margin of 9.91% for transaction business in 2020, a slight increase from the previous year despite a significant drop in revenue[58] - The company aims to enhance its supply chain management services in the ICT and medical device sectors, focusing on mobile smart terminals, internet devices, and medical equipment[90] Financial Adjustments and Compliance - The company implemented the new revenue recognition standard starting January 1, 2020, which resulted in a cumulative impact adjustment of -344,811,757.07 CNY to accounts receivable[126] - The company ensured compliance with the new accounting policies as per the approval from the board on April 29, 2020[125] - The financial report did not receive a non-standard audit report, indicating compliance with accounting standards[123] - The company has committed to transparency and fairness in related party transactions, ensuring no harm to minority shareholders[121] Shareholder Information - The total number of shares is 373,318,000, with 29.88% being restricted shares and 70.12% being unrestricted shares[163] - The largest shareholder, Chen Shuzhi, holds 71,599,567 shares, representing 19.18% of the total shares[166] - The company has a total of 27,262 shareholders at the end of the reporting period, an increase from 26,039 at the end of the previous month[165] - The shareholding structure remains stable with no significant changes in the top 10 shareholders[166] - The company has not disclosed any plans for future share issuance or capital restructuring[164] Employee and Management Structure - The total number of employees in the company is 370, with 214 in the parent company and 156 in major subsidiaries[189] - The company has 58 technical personnel and 36 sales personnel among its employees[189] - The total remuneration for directors, supervisors, and senior management during the reporting period is 612.44 million CNY[189] - The company emphasizes talent development and conducts various training programs for its employees[192] - The company has a strict governance structure in compliance with relevant laws and regulations[195] Future Outlook - The company has set a future outlook with a revenue target of 1.8 billion RMB for the next fiscal year, indicating a projected growth of 20%[181] - New product development includes the launch of a supply chain management platform, expected to enhance operational efficiency by 30%[185] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[182] - A strategic acquisition of a local logistics firm is in progress, which is anticipated to increase the company's logistics capacity by 25%[185] - The company is investing in new technology, with a budget allocation of 100 million RMB for R&D in the upcoming year[184]

Financial Performance - Operating revenue for the period was CNY 1,745,344,542.20, representing a 23.00% increase year-on-year[7] - Net profit attributable to shareholders decreased by 31.33% to CNY 7,463,516.65 compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses fell by 42.99% to CNY 5,838,983.82[7] - Basic earnings per share decreased by 33.33% to CNY 0.02[7] - The company reported a net profit of CNY 710,933,425.13, compared to CNY 676,610,611.21 in the previous period[34] - Net profit for Q3 2020 was CNY 7,455,920.32, down from CNY 10,868,608.17 in the same period last year, representing a decrease of approximately 31.5%[41] - Operating profit for the current period is ¥54,644,141.23, down 34.0% from ¥82,867,095.70 in the previous period[49] - Net profit for the current period is ¥41,075,638.81, a decline of 32.8% compared to ¥61,158,064.87 in the previous period[49] Assets and Liabilities - Total assets increased by 1.53% to CNY 6,612,753,390.94 compared to the end of the previous year[7] - The company's total assets as of September 30, 2020, amounted to ¥6,315,159,852.10, compared to ¥6,207,001,178.30 at the end of 2019[30] - Total liabilities amounted to CNY 5,193,382,686.92, up from CNY 5,131,286,447.38[33] - Current liabilities rose to CNY 5,186,322,341.83 from CNY 5,121,190,066.90[33] - Total liabilities reached CNY 5,131,286,447.38, with current liabilities at CNY 5,121,190,066.90 and non-current liabilities at CNY 10,096,380.48[66] - The company reported a total of CNY 4,401,993,577.35 in current liabilities, reflecting a substantial financial obligation[69] Cash Flow - The net cash flow from operating activities was CNY 186,728,334.78, a significant increase of 170.79%[7] - The net cash flow from operating activities improved by ¥203,861,391.69, resulting in a cash outflow of -¥149,434,107.55 compared to -¥353,295,499.24 in the previous year[17] - The net cash flow from operating activities was -149,434,107.55 CNY, compared to -353,295,499.24 CNY in the previous period, indicating an improvement[57] - Total cash inflow from operating activities reached 44,638,910,541.55 CNY, significantly higher than 24,985,378,681.87 CNY in the previous period[57] - Cash outflow from operating activities was 44,788,344,649.10 CNY, up from 25,338,674,181.11 CNY, leading to a net cash flow deficit[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,845[11] - The top shareholder, Chen Shuzhi, holds 19.18% of the shares, totaling 71,599,567 shares[11] Other Income and Expenses - The company reported non-recurring gains of CNY 13,849,734.43, primarily from government subsidies and other income[8] - Other income surged by 429.42% to ¥10,914,517.09, driven by an increase in government subsidies received[17] - Financial expenses showed a significant improvement, with a net income of CNY -22,294,264.98 compared to CNY 26,497,777.16 in the previous year[44] - Financial expenses improved significantly, showing a net income of -¥9,473,767.97 compared to a cost of ¥39,510,511.72 in the previous period[49] Inventory and Receivables - Accounts receivable decreased by 100% to ¥0, as the company's receivable notes were accepted[15] - Prepayments rose by 38.93% to ¥250,254,357.62, attributed to an increase in procurement prepayments[15] - Inventory increased by 63.49% to ¥160,672,761.05, indicating a rise in the company's end-of-period stock[15] Market Strategy - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency[36] Comprehensive Income - The total comprehensive income for Q3 2020 was CNY 12,178,174.04, compared to CNY 7,033,828.79 in the previous year, showing an increase of approximately 73%[42] - The company reported a total comprehensive income of ¥44,138,674.88, down from ¥56,548,283.18 in the previous period[50] Taxation - The company experienced a significant increase in tax expenses, which amounted to CNY 1,160,661.40, compared to CNY 2,737,323.55 in the previous year[41] - The tax expense for the current period is ¥13,110,598.57, a decrease from ¥21,931,303.35, reflecting improved tax efficiency[49] Research and Development - Research and development expenses were CNY 3,857,364.33, slightly down from CNY 4,336,073.48, indicating a decrease of approximately 11%[44] - Research and development expenses for the current period are ¥11,387,589.13, slightly down from ¥12,975,878.73, indicating a focus on maintaining R&D investment[48]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥2,557,016,062.85, a decrease of 23.87% compared to ¥3,358,831,497.96 in the same period last year[17]. - The net profit attributable to shareholders was ¥33,577,739.95, down 33.18% from ¥50,250,084.43 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥21,352,538.35, reflecting a decline of 53.68% compared to ¥46,101,762.78 in the same period last year[17]. - The basic earnings per share decreased by 30.77% to ¥0.09 from ¥0.13 in the previous year[17]. - Operating profit was ¥45,616,585.40, down 34.17% year-on-year[34]. - The total comprehensive income for the first half of 2020 was CNY 31,960,500.84, down from CNY 49,514,454.39 in the same period of 2019[117]. - The company reported a net profit margin of 12%, up from 10% in the previous year, indicating stronger financial health[160]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,078,100,716.16, a decrease of 6.68% from ¥6,513,236,919.20 at the end of the previous year[17]. - The net assets attributable to shareholders increased by 1.82% to ¥1,407,054,033.80 from ¥1,381,853,954.18 at the end of the previous year[17]. - The company's cash and cash equivalents decreased to ¥3,829,458,100.11, representing 63.00% of total assets, down from 64.38%[43]. - Total liabilities decreased from CNY 5,131,286,447.38 to CNY 4,670,908,186.18, a decrease of approximately 8.99%[109]. - Current liabilities decreased from CNY 5,121,190,066.90 to CNY 4,662,873,538.31, a reduction of about 8.95%[108]. Cash Flow - The company reported a net cash flow from operating activities of -¥336,162,442.33, an improvement from -¥422,251,493.53 in the previous year[17]. - The financing activities generated a net cash flow of ¥391,466,371.53, an increase of 29.97% compared to ¥301,192,999.01 last year[37]. - The net cash flow from operating activities for the first half of 2020 was -336,162,442.33 CNY, an improvement from -422,251,493.53 CNY in the same period of 2019, indicating a reduction in cash outflow[124]. - Cash outflow from operating activities also rose to 28,230,160,192.16 CNY in the first half of 2020, up from 17,805,660,062.92 CNY in the same period of 2019, marking an increase of about 58.5%[124]. Business Operations - The ICT sector experienced a decline in business scale, while the medical device platform saw revenue growth due to enhanced customer engagement[35]. - The cross-border e-commerce platform's business volume increased due to collaborations with key domestic and international clients[35]. - The company is diversifying its business beyond the ICT sector, with rapid development in the medical device and cross-border e-commerce industries, which are supported by national policies[51]. - The company plans to introduce technologies such as OCR, RPA, BI, and AI for digital transformation in supply chain management[29]. - The company is exploring potential mergers and acquisitions to enhance its market position[140]. Regional Performance - The Northeast region saw a revenue increase of 34.48% to ¥76,683,834.14, attributed to new customer development[41]. - The North China region experienced a significant revenue decline of 43.07%, with total revenue of ¥788,589,595.77, primarily due to the impact of COVID-19[41]. - The South China region's revenue decreased by 41.00% to ¥386,899,621.50, also affected by the pandemic[41]. Shareholder Information - The total number of shares outstanding is 373,318,000[86]. - The top shareholder, Chen Shuzhi, holds 19.18% of the total shares, amounting to 71,599,556 shares[88]. - The second-largest shareholder, Zhang Yun, owns 6.93% of the shares, totaling 25,877,960 shares[88]. Future Outlook - The company expects a revenue growth forecast of 20% for the second half of 2020, driven by new product launches and market expansion strategies[160]. - Future guidance indicates a cautious outlook due to market volatility and competitive pressures[139]. - The company plans to focus on market expansion and new product development in the upcoming quarters[140]. Risk Management - A robust risk control system is in place to manage various operational and financial risks associated with supply chain management[31]. - The company has established a risk control committee to manage accounts receivable risks, focusing on high-quality clients and implementing dynamic collateral management strategies[52]. Accounting Policies - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, reflecting the company's financial position and operating results accurately[150]. - The company has implemented specific accounting policies for inventory valuation and expected credit loss on receivables, among others[149].

Financial Performance - The company's operating revenue for 2019 was CNY 6,512,430,900.39, representing a 12.82% increase compared to CNY 5,772,278,517.70 in 2018[16]. - The net profit attributable to shareholders decreased by 38.36% to CNY 62,942,762.72 from CNY 102,112,535.47 in the previous year[16]. - Basic earnings per share fell by 39.29% to CNY 0.17 from CNY 0.28 in 2018[16]. - The total assets decreased by 43.66% to CNY 6,513,236,919.20 from CNY 11,561,165,878.58 in the previous year[16]. - The net assets attributable to shareholders increased by 3.19% to CNY 1,381,853,954.18 from CNY 1,339,194,185.80 in 2018[16]. - The weighted average return on net assets decreased to 4.63% from 7.81% in the previous year[16]. - The company achieved operating revenue of ¥6,512,430,900.39, representing a year-on-year increase of 12.82%[39]. - The net profit attributable to shareholders decreased by 38.36% to ¥62,942,762.72, primarily due to the impact of international political and economic conditions[39]. - The total revenue for supply chain management services reached ¥6,343,278,720.03, accounting for 97.40% of total revenue, with a year-on-year growth of 11.35%[44]. - The gross profit margin for supply chain management services was 8.57%, with a slight increase of 0.15% compared to the previous year[46]. Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -282,988,420.02, an improvement from CNY -512,397,054.95 in 2018[16]. - The company reported a net cash flow from operating activities of CNY -420.79 million in the first quarter, improving to CNY 70.31 million in the fourth quarter[20]. - The net cash flow from investment activities was -¥5,297,451.76, reflecting a decrease in external investments[60]. - The net cash flow from financing activities was ¥189,170,846.22, indicating an increase in funds raised to support business development[60]. - By the end of 2019, cash and cash equivalents decreased to ¥4,298,653,694.02, down 13.47% from the beginning of the year[64]. Business Operations and Strategy - The company is facing potential operational risks as outlined in the future outlook section of the report[4]. - The company has established strategic partnerships with international medical device manufacturers to enhance its service offerings in the medical sector[26]. - The company is expanding its business into financing leasing services, leveraging its experience in the medical device supply chain[27]. - The company is actively developing a global delivery platform to support international supply chain management, aligning with the national "Belt and Road" strategy[29]. - The company aims to enhance its core business in ICT and medical supply chain services, leveraging the growth potential brought by 5G technology[77]. - The company plans to expand its medical device leasing business to address the increasing financing needs of healthcare institutions[78]. - The company will deepen its cross-border e-commerce operations and improve its service platform to achieve steady growth[78]. Market Trends and Growth Opportunities - The supply chain management service industry is experiencing growth opportunities due to government support and the increasing application of internet technology[31]. - The cross-border e-commerce segment saw a significant revenue increase of 158.13% compared to the previous year, driven by collaborations with key domestic and international clients[40]. - The supply chain management market in China is projected to reach a scale of ¥31 trillion by 2020, driven by increasing demand for specialized supply chain services[71]. - The annual sales of China's medical device market are expected to exceed 700 billion yuan by 2020, with a growth rate of over 10% annually for the next decade[74]. - The medical device leasing market in China is forecasted to reach 232.2 billion yuan by 2022, with a compound annual growth rate of approximately 15.92% from 2018 to 2022[74]. Shareholder and Governance Matters - The company plans to distribute a cash dividend of CNY 0.18 per 10 shares, based on a total of 373,318,054 shares[4]. - The proposed cash dividend for 2019 is 0.18 yuan per share (before tax), totaling 6,719,724.97 yuan, which represents 10.68% of the net profit attributable to shareholders[89][91]. - The company has a three-year shareholder return plan (2018-2020) that has been approved by the board and aims to ensure consistent returns to shareholders[86]. - The company reported a cash dividend payout ratio of 100% for the current profit distribution plan[89]. - The company has not proposed any stock dividend or capital reserve conversion plans for the current reporting period[89]. - The company has maintained compliance with all relevant laws and regulations regarding related party transactions[102]. - The company has committed to ensuring the transparency and fairness of its transactions with related parties[102]. Risk Management - The company has established a strong risk control system to manage various operational and financial risks, categorizing clients based on credit ratings and transaction history[35]. - The company faces risks related to reliance on the ICT industry, which may impact profitability due to fluctuations in industry conditions[81]. - The company has implemented measures to mitigate foreign exchange risks through fixed-income foreign exchange products, although extreme market conditions may still pose risks[81]. - The company emphasizes the importance of retaining core technical and management personnel to maintain operational performance and mitigate talent loss risks[82]. Employee and Management Structure - The total number of employees in the company is 400, with 230 in the parent company and 170 in major subsidiaries[180]. - The company has a professional composition of 72 technical personnel, 42 sales personnel, and 41 financial personnel among others[180]. - The company emphasizes talent development, conducting regular training programs and allowing employees to participate in external training courses[183]. - The management team includes professionals with qualifications such as CFA and CPA, ensuring a high level of financial acumen within the company[174]. - The company has maintained a stable management structure with no new appointments or resignations reported during the period[165]. Legal and Compliance Issues - The company faced a lawsuit involving a total amount of 19,563,308.20 CNY, which has been executed as per the final judgment[116]. - Another lawsuit against LeEco Mobile resulted in a judgment requiring LeEco to pay 21,393.17 CNY, but the company has not yet received the payment[117]. - The company has no significant litigation or arbitration matters that meet the disclosure standards[117]. - There were no penalties or rectifications during the reporting period[118]. - The company has not engaged in any investor relations activities such as research or interviews during the reporting period[83].

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,016,076,691.53, a decrease of 35.18% compared to ¥1,567,637,433.47 in the same period last year[7] - The net profit attributable to shareholders was ¥18,499,413.78, down 38.72% from ¥30,187,784.59 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥15,586,116.10, a decline of 43.41% compared to ¥27,543,708.14 in the previous year[7] - The basic earnings per share decreased by 37.50% to ¥0.05 from ¥0.08 in the same period last year[7] - The total operating revenue for Q1 2020 was CNY 1,016,076,691.53, a decrease of 35.2% compared to CNY 1,567,637,433.47 in the same period last year[37] - The net profit for Q1 2020 was CNY 18,541,045.63, a decrease from CNY 30,221,355.18 in the same period last year, representing a decline of approximately 38.7%[39] - The operating profit for Q1 2020 was CNY 25,051,825.01, down from CNY 39,669,135.54 in the previous year, indicating a decrease of about 37.1%[39] - The total comprehensive income for Q1 2020 was CNY 16,798,003.46, compared to CNY 32,082,707.94 in the previous year, reflecting a significant decline[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,541,360,128.62, an increase of 15.79% from ¥6,513,236,919.20 at the end of the previous year[7] - The total current assets as of March 31, 2020, amounted to CNY 7,247,732,359.42, an increase from CNY 6,207,001,178.30 at the end of 2019[29] - The company's inventory increased by 40.98% to CNY 138,548,616.85 from CNY 98,278,635.89, indicating a rise in end-of-period stock[29] - The accounts receivable decreased to CNY 1,108,547,902.80 from CNY 1,293,839,362.75, reflecting a reduction in credit sales[29] - The company’s total liabilities decreased by 46.05% in accounts payable to CNY 188,439,122.42, indicating a reduction in amounts owed to suppliers[29] - Total liabilities increased to CNY 6,142,611,653.34 from CNY 5,131,286,447.38, reflecting a rise of 19.7%[31] - The company’s total equity rose to CNY 1,398,748,475.28 from CNY 1,381,950,471.82, an increase of 1.2%[32] Cash Flow - The net cash flow from operating activities was negative at -¥635,635,539.39, worsening from -¥420,792,547.39 in the same period last year[7] - The company reported a net cash outflow from operating activities of CNY -635,635,539.39, which increased by CNY -214,842,992.00 compared to CNY -420,792,547.39 in the same period last year, mainly due to increased working capital investment[16] - Cash inflow from operating activities totaled 14,333,763,503.35, up from 10,260,722,766.20 in the previous period, representing an increase of about 39%[46] - Cash outflow from operating activities was 14,969,399,042.74, compared to 10,681,515,313.59 in the previous period, reflecting an increase of approximately 40%[47] - The ending balance of cash and cash equivalents was 348,107,732.94, compared to 395,127,280.02 in the previous period, reflecting a decrease of approximately 12%[48] Expenses - The operating cost for Q1 2020 was CNY 919,966,112.75, down 38.02% from CNY 1,484,381,511.38 in the previous year, reflecting the reduction in sales[16] - The financial expenses for Q1 2020 were CNY 4,308,454.15, a significant increase attributed to exchange rate fluctuations[16] - The tax expenses for Q1 2020 were CNY 6,428,212.62, down from CNY 9,671,332.39 in the previous year[39] - The cash paid for purchasing goods and services was 1,816,097,144.43, down from 1,940,504,721.33 in the previous period, indicating a decrease of approximately 6%[47] - The cash paid for taxes was 45,877,970.04, compared to 31,104,319.28 in the previous period, reflecting an increase of about 47%[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,565[11] - The net assets attributable to shareholders increased by 1.21% to ¥1,398,610,325.79 from ¥1,381,853,954.18 at the end of the previous year[7] Other Information - The company received government subsidies amounting to ¥3,990,040.96 during the reporting period[8] - The company has implemented new revenue recognition standards starting January 1, 2020, affecting the classification of contract assets and liabilities[56] - The first quarter report for 2020 was not audited[60]

深圳市普路通供应链管理股份有限公司 2019 年第三季度报告全文 深圳市普路通供应链管理股份有限公司 2019 年第三季度报告 2019 年 10 月 1 深圳市普路通供应链管理股份有限公司 2019 年第三季度报告全文 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 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。 公司负责人陈书智、主管会计工作负责人师帅及会计机构负责人(会计主管 人员)叶艳梅声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市普路通供应链管理股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 6,180,160,380.49 | | 11,561,165,878.58 | -46.54% | | 归属于上市公 ...

Financial Performance - The company's operating revenue for the first half of 2019 was approximately ¥3.36 billion, representing a 44.20% increase compared to ¥2.33 billion in the same period last year[16]. - The net profit attributable to shareholders decreased by 32.07% to approximately ¥50.25 million, down from ¥73.98 million in the previous year[16]. - The net profit after deducting non-recurring gains and losses was approximately ¥46.10 million, a decrease of 19.57% compared to ¥57.32 million in the same period last year[16]. - The basic earnings per share fell by 35.00% to ¥0.13, down from ¥0.20 in the previous year[16]. - The total assets at the end of the reporting period were approximately ¥6.96 billion, a decrease of 39.81% from ¥11.56 billion at the end of the previous year[16]. - The total profit amounted to CNY 69,483,436.50, a decrease of 21.24% compared to the previous year[32]. - The net profit attributable to shareholders was CNY 50,250,084.43, down 32.07% year-on-year[32]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 46,101,762.78, a decline of 19.57%[32]. - The total comprehensive income for the first half of 2019 was CNY 50,786,291.08, compared to CNY 63,878,509.55 in the first half of 2018, reflecting a decline in overall profitability[141]. Cash Flow and Financial Position - The company reported a net cash flow from operating activities of approximately -¥422.25 million, an improvement from -¥912.45 million in the previous year[16]. - The cash and cash equivalents net increase was reported at -¥120,508,715.31, an improvement from -¥873,421,797.56 in the previous year, mainly due to changes in customer payment collections[36]. - The company reported a significant increase in cash flow from financing activities, amounting to ¥301,192,999.01, a 435.47% increase from ¥56,248,110.18, due to increased fundraising efforts to support business development[36]. - The company's operating cash flow for the first half of 2019 was negative CNY 422,251,493.53, an improvement from negative CNY 912,446,860.93 in the same period of 2018[144]. - The total cash inflow from operating activities was CNY 17,383,408,569.39, while the total cash outflow was CNY 17,805,660,062.92, leading to a net cash flow from operating activities of negative CNY 422,251,493.53[144]. - Cash and cash equivalents decreased by 21.19% to ¥4,480,423,001, accounting for 64.38% of total assets[42]. - The cash flow from investment activities was -10,058,796.91 CNY, a significant decrease from 1,867,523.91 CNY in the first half of 2018[148]. Business Operations and Strategy - The company expanded its ICT sector B2B service platform, enhancing supply chain management solutions tailored to client needs[24]. - The medical service platform established strategic partnerships with reputable medical device manufacturers, improving procurement efficiency for clients[25]. - The financing leasing service platform was developed to alleviate the financial pressure of high equipment procurement costs for medical clients[25]. - The company is responding to the "Belt and Road" initiative by establishing a global delivery platform to enhance international supply chain management services[26]. - The company is actively exploring and developing supply chain financial services to enhance profitability and market share[33]. - The company is diversifying its business beyond the ICT industry into medical devices, cross-border e-commerce, and financing leasing, which are supported by national policies[53]. - The company has maintained close communication with clients to enhance risk awareness and support supply chain adjustments[63]. Risks and Challenges - The company faces risks related to its dependence on the ICT industry and macroeconomic fluctuations, which investors should be aware of[4]. - The company acknowledges risks from macroeconomic fluctuations and trade tensions, which could impact client operations and business volume[62]. - The company is focusing on improving service quality and enhancing customer engagement to mitigate the impact of macroeconomic fluctuations[63]. - The company has established a risk control committee to manage accounts receivable and client creditworthiness[56]. - The company is focusing on employee training and talent retention to mitigate risks associated with talent loss[61]. Shareholder and Capital Structure - The total number of shares before the change was 373,318,000, with a total of 8,219,420 shares added, resulting in a new total of 373,318,000 shares[102]. - The proportion of restricted shares increased from 34.46% to 36.67%, while unrestricted shares decreased from 65.54% to 63.33%[102]. - The company’s major shareholders, Chen Shuzhi and He Fan, had their shares restricted due to their resignation, resulting in an increase in restricted shares[104]. - The company’s stockholder structure indicates significant ownership concentration among a few key shareholders[108]. - The company reported no preferred shares in the current reporting period[113]. - The total number of common shareholders at the end of the reporting period was 30,526[108]. Legal and Regulatory Matters - There is an ongoing lawsuit involving the company against LeEco, with a claim amounting to 213.93 million yuan, which has not yet been collected[72]. - The company has not experienced any major litigation or arbitration matters during the reporting period[69]. - The company has not faced any media scrutiny or regulatory penalties during the reporting period[74]. - The company has not disclosed any strategic investors or general corporations becoming top shareholders during the reporting period[109]. Accounting and Financial Reporting - The financial report for the first half of 2019 was not audited[123]. - The company prepares financial statements based on the going concern assumption and adheres to the accounting standards issued by the Ministry of Finance[182]. - The financial statements reflect the company's financial position, operating results, and cash flows accurately and completely[184]. - The company consolidates all subsidiaries under its control in the financial statements[189].

Financial Performance - The company's operating revenue for 2018 was CNY 5,772,278,517.70, representing a 7.28% increase compared to CNY 5,380,662,496.25 in 2017[14] - The net profit attributable to shareholders of the listed company was CNY 102,112,535.47, a significant increase of 49.62% from CNY 68,247,002.58 in the previous year[14] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 72,878,950.66, up 15.58% from CNY 63,054,039.81 in 2017[14] - The basic earnings per share increased to CNY 0.28, reflecting a growth of 55.56% compared to CNY 0.18 in the previous year[14] - The diluted earnings per share increased by 55.56% to CNY 0.28 from CNY 0.18 in the previous year[15] - The weighted average return on equity rose to 7.81%, up from 5.56% in the previous year, an increase of 2.25%[15] - The operating profit for the year was ¥123,621,281.12, which is an increase of 50.14% compared to the previous year[35] - The company achieved a total revenue of ¥5,772,278,517.70 in 2018, representing a year-on-year growth of 7.28%[35] - The company's supply chain management services accounted for 98.69% of total revenue, amounting to ¥5,696,484,273.49, with a growth of 6.06%[42] Cash Flow and Dividends - The net cash flow from operating activities was negative at CNY -512,397,054.95, a decline of 239.49% from CNY 367,339,508.65 in 2017[14] - The company plans to distribute a cash dividend of CNY 0.47 per 10 shares, based on a total of 373,318,054 shares[4] - For 2018, the cash dividend was 0.47 CNY per 10 shares, totaling 17,545,948.54 CNY (including tax), which accounted for 17.18% of the net profit attributable to shareholders[90] - The total cash dividends distributed over the three years were 67,640,274.60 CNY, with a consistent payout ratio around 17% to 19% of net profits[89] - The total distributable profit for 2018 was 85,899,974.49 CNY, with the cash dividend representing 100% of the profit distribution[90] Risks and Challenges - The company faced risks including customer industry concentration, exchange rate fluctuations, and talent loss, which investors should be aware of[4] - The company acknowledges the risk of uncollectible accounts receivable, despite focusing on established clients in the industry[80] - The company faces risks related to its dependence on the ICT industry, which may impact profitability due to market fluctuations[77] - There is a risk of reduced revenue from foreign exchange services due to potential policy changes affecting the company's hedging strategies[78] - The company is expanding into new business areas, which may yield lower short-term returns, highlighting the inherent risks of diversification[81] Shareholder and Ownership Changes - The company underwent a share transfer where the actual controller transferred 20,066,931 shares (5.37% of total shares) to Green Financial Control[13] - After the share transfer, Green Financial Control holds a total of 39,810,538 shares, accounting for 10.66% of the total shares[13] - Following a change in controlling shareholder to Green Financial Holdings, the company expects significant support in funding and business scale, enhancing its market share[75] - The company’s actual controller changed from Mr. Chen Shuzhi to Guangdong Green Finance Investment Holding Group Co., Ltd. after the share transfer[140] Strategic Initiatives and Market Position - The company is expanding into financing leasing and cross-border e-commerce sectors, aiming for diversified growth[26] - The global delivery platform is being developed to enhance international supply chain management services, integrating big data and blockchain technology[27] - The company maintains a leading position in the domestic supply chain management service industry, particularly in the ICT and medical device sectors[29] - The company is actively developing its financing leasing and cross-border e-commerce businesses, resulting in significant revenue growth[37] - The company has established strategic partnerships with banks, ensuring sufficient credit lines to support its expansion and operational needs[32] Financial Management and Accounting - The company has implemented a robust risk control system to manage various operational and financial risks associated with supply chain management[32] - The company has made significant changes in accounting policies, including the reclassification of R&D expenses, which decreased management expenses by 16,056,477.35 CNY compared to the previous year[99] - The company has adhered to the new financial reporting format issued by the Ministry of Finance, which has impacted the presentation of financial statements[99] - The company has established an independent accounting system and financial management procedures, ensuring no guarantees are provided to controlling shareholders or related parties[185] Employee and Management Structure - The total number of employees in the company is 445, with 263 in the parent company and 182 in major subsidiaries[172] - The company implements a compensation policy that includes fixed salaries and performance-based bonuses, linking employee pay directly to company and individual performance[173] - The management team is composed of professionals with significant experience in supply chain management and finance, contributing to the company's operational efficiency[166] - The company has a structured remuneration decision process involving the compensation and assessment committee, board review, and shareholder approval[171] Legal and Compliance Matters - The company has not faced any penalties or corrective actions during the reporting period, indicating a stable compliance status[108] - The company has committed to fair and transparent practices in related party transactions, ensuring compliance with legal and regulatory requirements[95] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[98] - The company has not reported any significant changes in the scope of consolidated financial statements compared to the previous year[101] Governance and Board Composition - The company has a total of 9 board members, including 3 independent directors[165] - The current board includes members with extensive backgrounds in management and finance, enhancing the company's strategic direction[165] - The company’s governance structure includes a compensation and assessment committee responsible for evaluating performance and remuneration[171] - Independent directors actively participated in board meetings, with attendance rates of 25% to 100% across different directors, ensuring oversight and governance[189]

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,567,637,433.47, representing a 43.77% increase compared to ¥1,090,360,823.66 in the same period last year[7]. - The net profit attributable to shareholders decreased by 26.55% to ¥30,187,784.59 from ¥41,097,459.22 year-on-year[7]. - The net profit after deducting non-recurring gains and losses fell by 30.58% to ¥27,543,708.14 compared to ¥39,675,976.76 in the previous year[7]. - The basic earnings per share decreased by 27.27% to ¥0.08 from ¥0.11 in the same period last year[7]. - The diluted earnings per share also decreased by 27.27% to ¥0.08 from ¥0.11 year-on-year[7]. - The weighted average return on equity was 2.23%, down from 3.21% in the previous year[7]. - The company reported a net profit margin improvement, with undistributed profits increasing from CNY 634.94 million to CNY 665.12 million, a growth of about 4.8%[35]. - Net profit for the current period was ¥30,221,355.18, down from ¥41,097,459.22, reflecting a decrease of approximately 26.5%[43]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 45.61%, reaching -¥420,792,547.39, compared to -¥773,592,040.38 in the same period last year[7]. - The company's cash and cash equivalents decreased by 47.83% to ¥4,721,064,381.00 from ¥9,049,082,286.64, primarily due to a reduction in foreign exchange business products[15]. - Cash inflow from financing activities was CNY 1,067,366,588.70, significantly lower than CNY 4,562,430,772.44 in the previous period, indicating a decline of approximately 76.6%[52]. - Net cash flow from financing activities improved to CNY 380,854,344.41 from negative CNY 120,789,880.68 in the previous period[52]. - The ending balance of cash and cash equivalents was CNY 395,127,280.02, down from CNY 736,335,624.63 at the end of the previous period[52]. - Total cash and cash equivalents decreased by CNY 40,043,835.24 compared to a decrease of CNY 938,297,456.96 in the previous period[52]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,372,726,666.30, a decrease of 36.23% from ¥11,561,165,878.58 at the end of the previous year[7]. - The company's total assets as of March 31, 2019, included cash and cash equivalents of 4,721,064,381.00 RMB, down from 9,049,082,286.64 RMB at the end of 2018[32]. - Total liabilities decreased from CNY 10.22 billion to CNY 6.00 billion, a reduction of about 41.0%[34]. - Current liabilities decreased from CNY 10.20 billion to CNY 5.98 billion, a reduction of about 41.5%[34]. - The company's accounts receivable increased to 1,378,753,716.45 RMB, compared to 1,288,949,824.42 RMB at the end of 2018, indicating a growth of approximately 6.7%[32]. - The company's short-term borrowings decreased by 44.56% to ¥4,816,913,005.85 from ¥8,688,694,672.15, mainly due to a reduction in foreign exchange business products[16]. Operational Costs and Expenses - The company's operating costs rose by 47.82% to ¥1,484,381,511.38 from ¥1,004,160,914.96, reflecting the increase in trading business[17]. - The company's financial expenses turned negative at -¥8,837,607.43, a decrease of 134.62% from ¥25,526,385.54, attributed to exchange rate fluctuations and reduced foreign exchange business products[17]. - The company's interest income decreased by 61.77% to ¥27,482,209.42 from ¥71,880,200.40, primarily due to a reduction in foreign exchange business products[17]. - Research and development expenses increased to ¥4,228,678.65 from ¥3,614,699.22, marking a rise of approximately 17%[41]. Shareholder Equity - The net assets attributable to shareholders increased by 2.39% to ¥1,371,243,323.15 from ¥1,339,194,185.80 at the end of the previous year[7]. - The company's total equity rose from CNY 1.34 billion to CNY 1.37 billion, an increase of approximately 2.9%[35]. - The company maintained a stable capital reserve of CNY 255.03 million, unchanged from the previous period[35]. Government Support and Other Income - The company received government subsidies amounting to ¥3,242,480.00 during the reporting period[8]. - The company reported a significant increase in other income, which rose by 164.81% to 227,029.53 RMB, mainly due to the receipt of previously written-off receivables[18]. - Other income for the current period was recorded at ¥200,000.00, down from ¥677,300.00, a decrease of about 70%[41]. Changes in Control and Governance - The company transferred 20,066,931 shares (5.37% of total shares) to Guangdong Green Financial Investment Holding Group Co., Ltd. as part of a control change agreement[19]. - The actual controller of the company changed to Guangzhou Municipal Government after the completion of the share transfer on March 12, 2019[21].

[Section I Important Notice](index=2&type=section&id=Section%20I%20Important%20Notice) This section outlines the company's commitment to the truthfulness and completeness of the quarterly report, with key financial officers guaranteeing financial statement integrity [Statement on Report Authenticity](index=2&type=section&id=Statement%20on%20Report%20Authenticity) The board, supervisory board, and senior management affirm the quarterly report's truthfulness and completeness, assuming legal responsibility - The board, supervisory board, and senior management commit to the truthfulness, accuracy, and completeness of the quarterly report, assuming legal responsibilities[4](index=4&type=chunk) - Company head Chen Shuzhi, chief accountant Shi Shuai, and head of accounting Ye Yanmei guarantee the financial statements' truthfulness and completeness[5](index=5&type=chunk) [Section II Company Profile](index=3&type=section&id=Section%20II%20Company%20Profile) This section provides an overview of the company's key financial performance and shareholder structure for the reporting period [I. Key Accounting Data and Financial Indicators](index=3&type=section&id=I.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company reported key Q3 2018 financial data, showing asset growth, but declining net profit despite revenue increase, with worsening operating cash flow Key Financial Indicators for Q3 2018 and Year-to-Date | Indicator | Amount at Period-End/Year-to-Date (RMB) | Amount at Prior Year-End/Prior Period (RMB) | Change Rate | Notes | | :--- | :--- | :--- | :--- | :--- | | **Balance Sheet (Period-End):** | | | | | | Total Assets | 16,916,206,722.02 | 13,975,327,766.90 | 21.04% | Compared to prior year-end | | Net Assets Attributable to Shareholders | 1,335,730,726.54 | 1,260,847,960.28 | 5.94% | Compared to prior year-end | | **Income Statement (Year-to-Date):** | | | | | | Operating Revenue | 4,549,252,144.15 | - | 13.90% | Compared to prior year-period | | Net Profit Attributable to Shareholders | 99,762,989.85 | - | -33.41% | Compared to prior year-period | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | 78,903,206.55 | - | -45.70% | Compared to prior year-period | | Basic Earnings Per Share (RMB/share) | 0.27 | - | -32.50% | Compared to prior year-period | | Diluted Earnings Per Share (RMB/share) | 0.07 (Current period) | - | -53.33% | Compared to prior year-period | | Weighted Average Return on Net Assets | 7.64% | - | -4.12% | Compared to prior year-period | | **Cash Flow Statement (Year-to-Date):** | | | | | | Net Cash Flow from Operating Activities | -1,019,880,978.39 | - | 56.77% (Worsened) | Compared to prior year-period | - The company classified fair value change gains (**RMB 13,101,810.74**) and investment income (**RMB 40,253,685.07**) as recurring gains, primarily due to a package of financial institution contracts signed to reduce payment costs and hedge foreign exchange risks[9](index=9&type=chunk)[10](index=10&type=chunk) [II. Total Shareholders and Top Ten Shareholders' Holdings at Period-End](index=4&type=section&id=II.%20Total%20Shareholders%20and%20Top%20Ten%20Shareholders'%20Holdings%20at%20Period-End) At period-end, the company had 38,918 common shareholders, with detailed information on the top ten shareholders' holdings, restrictions, pledges, and related party relationships - The total number of common shareholders at the end of the reporting period was **38,918**[12](index=12&type=chunk) Top 10 Shareholders' Holdings | Shareholder Name | Shareholding Percentage | Number of Shares Held (shares) | Number of Restricted Shares Held (shares) | Pledge or Freeze Status (number) | | :--- | :--- | :--- | :--- | :--- | | Chen Shuzhi | 24.55% | 91,666,498 | 71,599,567 | None | | Zhang Yun | 6.93% | 25,877,963 | 20,975,972 | None | | Zhejiang Zheshang Venture Capital Co., Ltd. | 5.80% | 21,649,096 | 0 | None | | He Fan | 5.73% | 21,388,904 | 16,041,678 | Pledged 11,210,000 | | Zhao Ye | 5.60% | 20,917,401 | 17,512,657 | None | | Shenzhen Juzhitong Information Technology Co., Ltd. | 5.29% | 19,743,607 | 0 | Pledged 9,920,000 | | Zou Yong | 3.97% | 14,807,701 | 14,799,701 | Pledged 14,799,700 | | Ye Qing | 1.73% | 6,442,594 | 0 | None | | Zhongrong International Trust Co., Ltd. - Zhongrong - Kanjin No. 28 Securities Investment Collective Fund Trust Plan | 0.65% | 2,443,622 | 0 | None | | Zhongrong International Trust Co., Ltd. - Zhongrong - Kanjin No. 32 Securities Investment Collective Fund Trust Plan | 0.57% | 2,135,287 | 0 | None | - Shenzhen Juzhitong Information Technology Co., Ltd. is a concerted action party of the company's controlling shareholder and actual controller, Mr. Chen Shuzhi; Mr. Chen Shuzhi and Ms. Zhang Yun are related natural persons of Shenzhen Juzhitong Information Technology Co., Ltd[13](index=13&type=chunk) [Section III Significant Matters](index=6&type=section&id=Section%20III%20Significant%20Matters) This section details significant financial and operational changes, major litigation progress, and commitments, along with the 2018 annual performance forecast [I. Changes and Reasons for Key Financial Data and Indicators During the Reporting Period](index=6&type=section&id=I.%20Changes%20and%20Reasons%20for%20Key%20Financial%20Data%20and%20Indicators%20During%20the%20Reporting%20Period) The company experienced significant changes in financial data, including substantial increases in various balance sheet items and expenses, declines in certain income and tax items, and shifts in cash flow, driven by market, financial, and accounting factors Balance Sheet Key Items Changes and Reasons (Period-End vs. Beginning Balance) | Item | Change Rate | Change Amount (RMB) | Reason for Change | | :--- | :--- | :--- | :--- | | Financial assets at fair value through profit or loss | 36.27% | 115,845,402.34 | Unmatured financial derivatives measured at fair value | | Notes and Accounts Receivable | 59.72% | 578,350,590.59 | Increase in customer receivables | | Prepayments | 87.96% | 38,300,004.90 | Increase in prepayments to suppliers | | Other Receivables | 191.03% | 447,319,112.75 | Increase in customs duty payments on behalf of others and accrued interest on unmatured combined foreign exchange sales products | | Inventories | 55.96% | 60,278,246.85 | Increase in reserve inventory | | Short-term Borrowings | 33.39% | 3,342,918,134.07 | Increase in combined foreign exchange sales products | | Financial liabilities at fair value through profit or loss | 72.58% | 170,923,253.39 | Unmatured financial derivatives measured at fair value | | Notes and Accounts Payable | 123.93% | 442,411,561.14 | Increase in prepayments to suppliers | | Other Payables | -64.56% | -477,889,220.86 | Payment of due advances | | Other Current Liabilities | -50.59% | -581,374,288.46 | Settlement of matured combined foreign exchange sales products | | Other Comprehensive Income | -194.04% | -6,969,998.29 | Exchange rate fluctuations, changes in foreign currency financial statement translation differences | Income Statement and Cash Flow Statement Key Items Changes and Reasons (Year-to-Date vs. Prior Year-Period) | Item | Change Rate | Change Amount (RMB) | Reason for Change | | :--- | :--- | :--- | :--- | | Taxes and Surcharges | 152.19% | 1,499,446.30 | Increase in VAT and surtaxes | | Selling Expenses | 194.85% | 93,678,475.25 | Increase in market expansion expenses | | R&D Expenses | 35.21% | 3,072,009.27 | Increase in R&D investment | | Financial Expenses | 152.16% | 81,585,969.07 | Exchange rate fluctuations and increase in combined foreign exchange sales products | | Asset Impairment Losses | -75.44% | -46,754,535.97 | Prior period provision for individually litigated accounts receivable and other receivables | | Other Income | -- | 21,771,899.00 | Accounting standard revision, government grants recognized in other income and increased this period | | Fair Value Change Gains | -85.77% | -78,998,589.32 | Unmatured forward foreign exchange contracts due to exchange rate fluctuations | | Non-operating Income | -98.77% | -5,835,662.23 | Accounting standard revision, government grants recognized in other income | | Income Tax Expense | -35.93% | -10,637,270.86 | Reduced profitability compared to prior period | | Net Cash Flow from Operating Activities | 56.77% (Worsened) | -369,322,061.17 | Payment of prior year's customer collections/payments on behalf of others and increased working capital investment | | Net Cash Flow from Investing Activities | -92.51% (Improved) | 116,322,862.72 | Decrease in external investments compared to prior period | | Net Cash Flow from Financing Activities | -135.64% (Worsened) | -1,763,995,595.71 | Repayment of matured borrowings | [II. Progress, Impact, and Solutions Analysis of Significant Matters](index=8&type=section&id=II.%20Progress,%20Impact,%20and%20Solutions%20Analysis%20of%20Significant%20Matters) The company reported progress on three major lawsuits, with two entering enforcement and one accepted, alongside a potential change in control due to a significant share transfer and voting rights entrustment by the controlling shareholder - The company's contract dispute case against LeEco Mobile Intelligent Information Technology (Beijing) Co., Ltd. and LeEco Holdings (Beijing) Co., Ltd. received a first-instance judgment on July 27, 2018, ordering LeEco Mobile to pay outstanding debts and interest, with LeEco Holdings bearing guarantee responsibility. The company filed an enforcement application with the court on September 25, 2018[22](index=22&type=chunk) - The company's sales contract dispute case against Guangxi Nanning Taijia Medical Devices Co., Ltd. received a first-instance judgment on February 9, 2018, ordering Nanning Taijia to pay goods, capital occupation fees, and liquidated damages. The company filed an enforcement application with the court on September 25, 2018, which was accepted[23](index=23&type=chunk) - The company's sales contract dispute case with Yunnan Donghuan Import and Export Trade Co., Ltd., involving a claim amount of **RMB 4,669,609.54**, was accepted by the Shenzhen Futian District People's Court on September 13, 2018, and is awaiting judgment[23](index=23&type=chunk) - The company's controlling shareholder and actual controller, Mr. Chen Shuzhi, signed an 'Equity Transfer Framework Agreement' with Guangdong Green Financial Investment Holding Group Co., Ltd., proposing to transfer **10.66%** of shares and entrust voting rights, nomination, and proposal rights for the remaining **19.18%** of shares, which may lead to a change in company control[24](index=24&type=chunk) [III. Unfulfilled Commitments by Actual Controller, Shareholders, Related Parties, Acquirers, and the Company During the Reporting Period](index=9&type=section&id=III.%20Unfulfilled%20Commitments%20by%20Actual%20Controller,%20Shareholders,%20Related%20Parties,%20Acquirers,%20and%20the%20Company%20During%20the%20Reporting%20Period) The controlling shareholder and his concerted action party duly fulfilled all IPO-related commitments regarding share reduction, non-competition, related party transactions, and fund occupation, with no overdue unfulfilled commitments - Controlling shareholder Chen Shuzhi and concerted action party Shenzhen Juzhitong Information Technology Co., Ltd.'s commitments regarding share reduction (including reduction price not lower than issuance price, automatic extension of lock-up period if share price falls below issuance price, etc.) were being duly fulfilled during the reporting period[25](index=25&type=chunk)[26](index=26&type=chunk) - Controlling shareholder Chen Shuzhi and concerted action party Shenzhen Juzhitong Information Technology Co., Ltd.'s commitments regarding non-competition, related party transactions, and fund occupation (including not engaging in businesses similar to the company, regulating related party transactions, not harming the interests of the company and minority shareholders, etc.) were being duly fulfilled during the reporting period[27](index=27&type=chunk)[28](index=28&type=chunk)[29](index=29&type=chunk)[30](index=30&type=chunk) - During the reporting period, there were no overdue unfulfilled commitments by the company's commitment-related parties[30](index=30&type=chunk) [IV. Forecast of 2018 Annual Operating Performance](index=14&type=section&id=IV.%20Forecast%20of%202018%20Annual%20Operating%20Performance) The company forecasts 2018 net profit attributable to shareholders to grow 0-50% to RMB 68.25-102.38 million, influenced by exchange rate volatility, trade wars, and reduced FX product returns 2018 Annual Operating Performance Forecast | Indicator | Range/Amount | | :--- | :--- | | Change Rate of Net Profit Attributable to Shareholders | 0.00% 至 50.00% | | Net Profit Attributable to Shareholders Change Range (RMB 10,000) | 6,825 至 10,238 | | Net Profit Attributable to Shareholders for 2017 (RMB 10,000) | 6,825 | - Key reasons for performance changes include significant exchange rate fluctuations, trade wars, and decreased returns from combined foreign exchange sales products[31](index=31&type=chunk) [V. Financial Assets Measured at Fair Value](index=14&type=section&id=V.%20Financial%20Assets%20Measured%20at%20Fair%20Value) The company reported no financial assets measured at fair value during the reporting period - The company had no financial assets measured at fair value during the reporting period[32](index=32&type=chunk) [VI. Irregular External Guarantees](index=14&type=section&id=VI.%20Irregular%20External%20Guarantees) The company reported no irregular external guarantees during the reporting period - The company had no irregular external guarantees during the reporting period[32](index=32&type=chunk) [VII. Non-Operating Fund Occupation by Controlling Shareholder and Related Parties](index=15&type=section&id=VII.%20Non-Operating%20Fund%20Occupation%20by%20Controlling%20Shareholder%20and%20Related%20Parties) The company reported no non-operating fund occupation by controlling shareholders or related parties during the period - The company had no non-operating fund occupation by controlling shareholders or related parties during the reporting period[33](index=33&type=chunk) [VIII. Wealth Management](index=15&type=section&id=VIII.%20Wealth%20Management) The company reported no wealth management activities during the reporting period - The company had no wealth management activities during the reporting period[34](index=34&type=chunk) [IX. Registration Form for Investor Relations Activities During the Reporting Period](index=15&type=section&id=IX.%20Registration%20Form%20for%20Investor%20Relations%20Activities%20During%20the%20Reporting%20Period) The company did not engage in any investor relations activities during the reporting period - The company did not engage in any investor relations activities during the reporting period[35](index=35&type=chunk)