[Important Notice, Table of Contents and Definitions](index=2&type=section&id=Item%201.%20Important%20Notice%2C%20Table%20of%20Contents%20and%20Definitions) [Important Notice and Risk Disclosure](index=2&type=section&id=Important%20Notice%20and%20Risk%20Disclosure) The Board of Directors ensures report accuracy and highlights key operational risks, including food safety, market expansion, price volatility, aquaculture, and restructuring uncertainties - The company faces five core risks - **Food Quality and Safety Risk**: Inherent to seafood processing, the company prioritizes quality control as fundamental to its survival[5](index=5&type=chunk)[6](index=6&type=chunk) - **Domestic Market Expansion Risk**: Since 2014, the company has increased domestic sales efforts, but market development, especially online, faces uncertainties[7](index=7&type=chunk)[8](index=8&type=chunk) - **Price Volatility Risk**: Raw material procurement and product sales prices are influenced by multiple factors, leading to significant gross margin fluctuations[9](index=9&type=chunk) - **Shrimp Industrialized Aquaculture Progress Risk**: This business is a future focus, but the technology is still exploratory and capital intensive, posing risks of not meeting expectations[10](index=10&type=chunk)[11](index=11&type=chunk) - **Major Asset Restructuring Uncertainty Risk**: The restructuring is ongoing, but both the timeline and final agreement remain uncertain[12](index=12&type=chunk) - The company's 2015 profit distribution plan proposes a cash dividend of **CNY 0.56 per 10 shares** (tax inclusive) and a capital reserve transfer of **12 shares per 10 shares** based on 353.81 million shares[12](index=12&type=chunk) [Company Profile and Key Financial Indicators](index=7&type=section&id=Item%202.%20Company%20Profile%20and%20Key%20Financial%20Indicators) [Key Accounting Data and Financial Indicators](index=8&type=section&id=V.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In 2015, the company's operating revenue was CNY 2.07 billion, a 2.77% decrease year-over-year, while net profit attributable to shareholders significantly dropped by 89.88% to CNY 22.77 million due to large non-recurring gains in 2014, though net profit excluding non-recurring items increased by 8.17% to CNY 18.90 million, indicating improved core business profitability, and net cash flow from operating activities nearly doubled | Indicator | 2015 | 2014 | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 2,070,469,926.65 | 2,129,362,231.99 | -2.77% | | Net Profit Attributable to Shareholders (CNY) | 22,765,728.30 | 225,010,196.03 | -89.88% | | Net Profit Excluding Non-Recurring Items (CNY) | 18,895,874.42 | 17,467,260.33 | 8.17% | | Net Cash Flow from Operating Activities (CNY) | 17,640,707.67 | 8,822,545.45 | 99.95% | | Basic EPS (CNY/share) | 0.0644 | 0.64 | -89.93% | | Weighted Average ROE | 1.32% | 13.59% | -12.27% | | Total Assets (CNY) | 2,596,059,001.82 | 2,749,020,949.40 | -5.56% | | Net Assets Attributable to Shareholders (CNY) | 1,733,172,732.56 | 1,714,959,949.28 | 1.06% | - Total non-recurring gains in 2015 were **CNY 3.87 million**, significantly lower than **CNY 208 million** in 2014, primarily due to **CNY 224 million** from "other non-recurring items" in 2014, which explains the incomparability of net profits between the two years[30](index=30&type=chunk) [Business Overview](index=10&type=section&id=Item%203.%20Business%20Overview) [Main Businesses During the Reporting Period](index=10&type=section&id=I.%20Main%20Businesses%20During%20the%20Reporting%20Period) The company operates as a full-产业链 aquatic enterprise, integrating breeding, farming, feed production, processing, trade, and research, with core products including shrimp and tilapia, and is currently undergoing business transformation to strengthen domestic sales and integrate global aquatic resources while maintaining export advantages - The company's business covers the entire industry chain from seedlings to finished products, including shrimp and tilapia seedlings, aquatic feed, and primary and deep-processed products[33](index=33&type=chunk) - The company's strategic focus is on business transformation and upgrading, strengthening domestic sales while consolidating export advantages, and integrating global supply chain resources to diversify product categories[33](index=33&type=chunk) [Significant Changes in Major Assets](index=10&type=section&id=II.%20Significant%20Changes%20in%20Major%20Assets) During the reporting period, there were no significant changes in the company's major assets, including equity, fixed assets, and intangible assets, with overseas assets primarily comprising SSC Company (aquatic product trade) and Liancheng Investment (real estate holding), totaling 21.76% of the company's net assets and posing no significant impairment risk | Overseas Assets | Business | Asset Scale (CNY) | % of Company's Net Assets | 2015 Profit/Loss (CNY) | | :--- | :--- | :--- | :--- | :--- | | SSC Company | Aquatic Product Trade | 296,246,313.83 | 17.08% | -840,553.31 | | Liancheng Investment | Real Estate Holding | 79,948,137.93 | 4.68% | 233,961.08 | [Analysis of Core Competitiveness](index=10&type=section&id=III.%20Analysis%20of%20Core%20Competitiveness) The company's core competitiveness remains unchanged, primarily stemming from its food safety control, full industry chain synergy, efficient supply, leading R&D technology, global marketing network, and brand advantages, supported by multiple patents and 31 registered trademarks as of the end of the reporting period - The company's core competitiveness primarily includes food safety control, full industry chain synergy, supply efficiency, R&D innovation, global marketing network, and brand advantages[36](index=36&type=chunk) - As of the end of the reporting period, the company holds **3 invention patents**, **5 design patents**, and **31 registered trademarks** across China, the United States, the United Kingdom, Hong Kong, and other countries and regions[37](index=37&type=chunk)[38](index=38&type=chunk) [Management Discussion and Analysis](index=13&type=section&id=Item%204.%20Management%20Discussion%20and%20Analysis) [Overview](index=13&type=section&id=I.%20Overview) During the reporting period, the company continued its "resources + market + technology" strategy, transitioning from a producer to a brand owner and from organic growth to a combination of organic and inorganic expansion, with progress across all business segments including quality-focused breeding, stable feed growth, enhanced domestic and optimized international aquatic product sales, and global resource integration - Company strategic transformation: from producer to brand owner, and from primarily organic growth to a combination of organic growth and external expansion[41](index=41&type=chunk) - Progress in various business segments - **Breeding Business**: Shifting towards quality and efficiency, with a focus on industrialized shrimp aquaculture[41](index=41&type=chunk) - **Feed Business**: Maintaining stable growth and expanding into new markets in eastern Guangdong and Jiangsu-Zhejiang regions[42](index=42&type=chunk) - **Domestic Sales**: Deepening channel development, focusing on catering channels, and promoting online-offline integration[43](index=43&type=chunk) - **International Sales**: Optimizing product and customer structure to enhance profitability, with a focus on developing non-US markets such as Hong Kong, Australia, and Mexico[43](index=43&type=chunk) - **Global Resource Integration**: Procurement extended to North and South America, Australia, and Southeast Asia, with imported products like Ecuadorian white shrimp now available in domestic channels such as Walmart[44](index=44&type=chunk) [Analysis of Main Business](index=14&type=section&id=II.%20Analysis%20of%20Main%20Business) In 2015, the company's main business revenue was CNY 2.069 billion, a 2.68% year-over-year decrease, with aquatic products remaining the core revenue source at 85.37% despite a 2.39% decline, while domestic market revenue grew by 3.30% to 32.53% of total revenue, and overall gross margin decreased by 1.64 percentage points to 10.50%, with finance expenses significantly down by 98.12% due to exchange gains from USD appreciation Revenue by Product | By Product | 2015 Revenue (CNY) | Revenue Share | YoY Change | Gross Margin | Gross Margin YoY Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Aquatic Products | 1,767,532,731.06 | 85.37% | -2.39% | 10.26% | -1.94% | | Feed Revenue | 263,187,440.81 | 12.71% | 2.44% | 12.75% | +1.50% | | Seedling Revenue | 38,221,388.00 | 1.85% | -34.45% | 6.09% | -8.39% | Revenue by Region | By Region | 2015 Revenue (CNY) | Revenue Share | YoY Change | Gross Margin | Gross Margin YoY Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Domestic | 673,597,720.53 | 32.53% | 3.30% | 10.65% | -1.28% | | International | 1,395,343,839.34 | 67.39% | -5.32% | 10.42% | -1.81% | Expense Analysis | Expense Item | 2015 (CNY) | 2014 (CNY) | YoY Change | Explanation of Change | | :--- | :--- | :--- | :--- | :--- | | Selling Expenses | 103,825,509.94 | 88,508,931.97 | 17.31% | No significant change | | Administrative Expenses | 69,359,142.65 | 76,074,865.17 | -8.83% | No significant change | | Finance Expenses | 646,168.90 | 34,401,713.70 | -98.12% | Significant increase in exchange gains due to USD appreciation | R&D Investment | R&D Investment | 2015 | 2014 | 2013 | | :--- | :--- | :--- | :--- | | R&D Investment Amount (CNY) | 37,485,000.00 | 28,898,000.00 | 31,822,000.00 | | R&D Investment as % of Revenue | 1.81% | 1.36% | 1.44% | Cash Flow Analysis | Cash Flow Item | 2015 (CNY) | 2014 (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 17,640,707.67 | 8,822,545.44 | 99.95% | | Net Cash Flow from Investing Activities | 32,649,208.11 | 85,126,431.69 | -61.65% | | Net Cash Flow from Financing Activities | -92,721,194.01 | -90,158,535.16 | -2.55% | | Net Increase in Cash and Cash Equivalents | -26,538,547.27 | 4,803,441.06 | -652.49% | [Outlook on Company's Future Development](index=24&type=section&id=IX.%20Outlook%20on%20Company's%20Future%20Development) The company anticipates growth in the aquatic industry driven by internet penetration, consumption upgrades, emerging market aquaculture, and rising imported seafood demand, and plans to continue its "resources + market + technology" strategy by controlling seafood resources, building national sales channels, and enhancing R&D, with 2016 initiatives focusing on domestic marketing, feed expansion, export consolidation, industrialized aquaculture, R&D investment, global resource integration, and automation/informatization improvements - Industry trends - E-commerce will penetrate industry development[77](index=77&type=chunk) - Consumption upgrades will create significant growth opportunities[78](index=78&type=chunk) - Aquaculture is flourishing in emerging countries such as Indonesia, Vietnam, and India[79](index=79&type=chunk) - The trend of consuming imported seafood is evident[79](index=79&type=chunk) - Company development strategy: Continue to adhere to the "resources + market + technology" strategy, transitioning from a producer to a brand owner, and from organic growth to a combination of organic and inorganic expansion[83](index=83&type=chunk) - Key operational plans for 2016 - **Domestic Market**: Deepen cultivation of core markets, with wholesale as the foundation and catering as the core[85](index=85&type=chunk) - **Feed Industry**: Accelerate industrial expansion to create a second profit growth engine[86](index=86&type=chunk) - **Export Business**: Consolidate advantages and optimize market and product structures[86](index=86&type=chunk) - **Seedling and Aquaculture**: Transition towards quality and efficiency, focusing on industrialized aquaculture development[87](index=87&type=chunk) - **Global Resources**: Continue to advance global seafood resource integration[91](index=91&type=chunk) - **Production and Informatization**: Enhance automation levels and accelerate informatization construction[92](index=92&type=chunk) [Significant Matters](index=28&type=section&id=Item%205.%20Significant%20Matters) [Profit Distribution and Capital Reserve to Share Capital of Ordinary Shares](index=28&type=section&id=I.%20Profit%20Distribution%20and%20Capital%20Reserve%20to%20Share%20Capital%20of%20Ordinary%20Shares) During the reporting period, the company strictly adhered to its profit distribution policy, having already implemented a mid-year cash dividend of CNY 0.30 per 10 shares, and proposing an annual distribution of CNY 0.56 cash dividend per 10 shares (tax inclusive) and a transfer of 12 shares per 10 shares from capital reserves based on 353.81 million shares, resulting in a total 2015 cash dividend (including mid-year) of CNY 30.43 million, representing 133.65% of net profit attributable to parent company 2015 Annual Distribution Plan | Distribution Plan | 2015 Annual Proposal | | :--- | :--- | | Bonus Shares per 10 Shares (shares) | 0 | | Cash Dividend per 10 Shares (CNY, tax incl.) | 0.56 | | Capitalized Shares per 10 Shares (shares) | 12 | | Total Cash Dividend (CNY, tax incl.) | 19,813,197.60 | | Cash Dividend as % of Total Profit Distribution | 100.00% | - The company's cash dividends over the past three years were **CNY 0** for 2013 and 2014, and a total of **CNY 30,427,410.60** for 2015 (including mid-year and annual proposal), representing **133.65%** of the net profit attributable to the parent company for that year[101](index=101&type=chunk)[103](index=103&type=chunk) [Implementation of Company's Equity Incentive Plan, Employee Stock Ownership Plan or Other Employee Incentive Measures](index=32&type=section&id=XIV.%20Implementation%20of%20Company's%20Equity%20Incentive%20Plan%2C%20Employee%20Stock%20Ownership%20Plan%20or%20Other%20Employee%20Incentive%20Measures) During the reporting period, the company advanced its initial stock option incentive plan and employee stock ownership plan, completing the registration of 800,000 reserved stock options and implementing the employee stock ownership plan, which acquired 1.94 million company shares, representing 0.55% of total share capital, at an average price of CNY 30.17, with a one-year lock-up period - **Stock Option Incentive Plan**: Completed the grant registration of **800,000 reserved stock options**, with option code 036169[113](index=113&type=chunk) - **Employee Stock Ownership Plan**: Completed stock acquisition, purchasing a total of **1,943,384 shares** (0.55% of total share capital) at an average price of **CNY 30.17**, with a lock-up period from May 19, 2015, to May 18, 2016[114](index=114&type=chunk) [Explanation of Other Significant Matters](index=36&type=section&id=XVII.%20Explanation%20of%20Other%20Significant%20Matters) The company's shares were suspended from trading on June 29, 2015, for a major asset restructuring and resumed on December 3, but the restructuring is still ongoing with no clear timeline or certainty of reaching a final agreement due to changes in the target company's operations and domestic capital market volatility - The company is pursuing a major asset restructuring acquisition, but due to incomplete financial data of the target company and increased financing difficulties from domestic capital market volatility, there is currently no clear timeline for the matter, and its final outcome remains uncertain[132](index=132&type=chunk)[133](index=133&type=chunk) [Changes in Shares and Shareholder Information](index=38&type=section&id=Item%206.%20Changes%20in%20Shares%20and%20Shareholder%20Information) [Changes in Shares](index=38&type=section&id=I.%20Changes%20in%20Shares) During the reporting period, the company's total share capital increased from 353.47 million shares to 353.81 million shares, primarily due to the controlling shareholder's agreement to transfer shares to three directors, increasing restricted shares, and the exercise of 332,900 stock options by incentive recipients - Reasons for share changes 1. The controlling shareholder's agreement to transfer shares to directors Li Zhong, Chen Han, and Li Guotong resulted in an additional **13.35 million restricted shares**[138](index=138&type=chunk) 2. Equity incentive recipients exercised a cumulative total of **332,900 options**, leading to an increase of **332,900 shares** in total share capital[139](index=139&type=chunk) [Shareholders and Actual Controller Information](index=39&type=section&id=III.%20Shareholders%20and%20Actual%20Controller%20Information) As of the end of the reporting period, the company had 26,594 shareholders, with Xinyu Guotong Investment Management Co., Ltd. and Guanlian International Investment Co., Ltd. being the top two shareholders holding 32.68% and 14.69% respectively as parties acting in concert, and Chairman Li Zhong serving as the actual controller Top 5 Shareholders | Shareholder Name | Shareholder Type | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Xinyu Guotong Investment Management Co., Ltd. | Domestic Non-State-Owned Legal Person | 32.68% | 115,623,560 | | Guanlian International Investment Co., Ltd. | Overseas Legal Person | 14.69% | 51,960,960 | | Baoying Technology 30 Flexible Allocation Mixed | Other | 3.26% | 11,528,781 | | Baoying Resource Selection Stock | Other | 2.44% | 8,634,734 | | Li Zhong | Domestic Natural Person | 2.30% | 8,153,911 | - Xinyu Guotong Investment Management Co., Ltd. and Guanlian International Investment Co., Ltd. share the same shareholders, Li Zhong, Li Guotong, and Chen Han, indicating an associated relationship and acting in concert[145](index=145&type=chunk) - The company's actual controller is Li Zhong, a domestic natural person who serves as the company's Chairman[148](index=148&type=chunk) [Directors, Supervisors, Senior Management and Employees](index=44&type=section&id=Item%208.%20Directors%2C%20Supervisors%2C%20Senior%20Management%20and%20Employees) [Changes in Holdings of Directors, Supervisors and Senior Management](index=44&type=section&id=I.%20Changes%20in%20Holdings%20of%20Directors%2C%20Supervisors%20and%20Senior%20Management) During the reporting period, some directors, supervisors, and senior management experienced changes in their shareholdings, primarily due to share transfers from the controlling shareholder and equity incentive exercises, with Chairman Li Zhong, Director/General Manager Chen Han, and Director/Deputy General Manager Li Guotong increasing their holdings by 7.12 million, 5.34 million, and 5.34 million shares respectively, bringing the total holdings of directors, supervisors, and senior management to 19.82 million shares at period-end - Chairman Li Zhong's shareholding increased to **8,153,911 shares** at period-end, while Directors Chen Han and Li Guotong each held **5,340,000 shares**, primarily due to receiving transferred shares from the controlling shareholder[153](index=153&type=chunk) [Employee Information](index=48&type=section&id=V.%20Employee%20Information) As of the end of the reporting period, the company had a total of 2,643 employees, with production personnel constituting the largest group at 1,983 (75%), and the majority of employees (2,248 or 85%) holding a technical secondary school education or below; the company's compensation system integrates salaries, bonuses, stock options, and an employee stock ownership plan, complemented by internal and external training programs Employee Composition | Professional Composition | Number of People | Education Level | Number of People | | :--- | :--- | :--- | :--- | | Production Personnel | 1,983 | Master's and Above | 26 | | Sales Personnel | 186 | Bachelor's | 176 | | Technical Personnel | 140 | Associate's | 193 | | Financial Personnel | 46 | Technical Secondary School and Below | 2,248 | | Administrative Personnel | 221 | **Total** | **2,643** | | Other | 67 | | | | **Total** | **2,643** | | | [Corporate Governance](index=50&type=section&id=Item%209.%20Corporate%20Governance) [Basic Status of Corporate Governance](index=50&type=section&id=I.%20Basic%20Status%20of%20Corporate%20Governance) During the reporting period, the company operated in strict compliance with relevant laws and regulations, continuously improving its corporate governance structure, which aligns with the normative requirements of the China Securities Regulatory Commission and Shenzhen Stock Exchange regarding shareholder meetings, board of directors, supervisory board operations, and information disclosure, while maintaining independence from the controlling shareholder in business, personnel, assets, organization, and finance - The company's actual corporate governance status does not significantly differ from the normative documents on corporate governance issued by the China Securities Regulatory Commission[175](index=175&type=chunk) - The company maintains independence from its controlling shareholder, actual controller, and their controlled entities in terms of business, personnel, assets, organization, and finance, possessing independent operational capabilities[176](index=176&type=chunk) [Financial Report](index=57&type=section&id=Item%2010.%20Financial%20Report) [Audit Report](index=57&type=section&id=I.%20Audit%20Report) Ruihua Certified Public Accountants (Special General Partnership) issued a standard unqualified audit opinion on the company's 2015 financial statements, affirming that they were prepared in all material respects in accordance with enterprise accounting standards and fairly presented the company's financial position, operating results, and cash flows - The audit opinion type is a standard unqualified audit opinion[192](index=192&type=chunk) [Financial Statements](index=59&type=section&id=II.%20Financial%20Statements) As of the end of 2015, the company's total assets were CNY 2.596 billion, a 5.56% year-over-year decrease; total liabilities were CNY 863 million, a 16.55% decrease; and the asset-liability ratio decreased from 37.6% to 33.2%; full-year operating revenue reached CNY 2.07 billion, down 2.77%; net profit was CNY 22.77 million, a significant 89.88% decrease; and net cash flow from operating activities improved significantly to CNY 17.64 million from CNY 8.82 million Consolidated Income Statement Key Items | Consolidated Income Statement Key Items (CNY) | 2015 | 2014 | | :--- | :--- | :--- | | Total Operating Revenue | 2,070,469,926.65 | 2,129,362,231.99 | | Total Operating Costs | 2,057,949,438.09 | 2,111,930,004.22 | | Operating Profit | 12,520,853.70 | 249,488,280.38 | | Total Profit | 19,896,315.97 | 268,636,160.50 | | Net Profit | 22,765,728.30 | 225,010,196.03 | Consolidated Balance Sheet Key Items | Consolidated Balance Sheet Key Items (CNY) | 2015 Year-End | 2014 Year-End | | :--- | :--- | :--- | | Total Assets | 2,596,059,001.82 | 2,749,020,949.40 | | Total Liabilities | 862,886,269.26 | 1,034,061,000.12 | | Total Owners' Equity | 1,733,172,732.56 | 1,714,959,949.28 |

湛江国联水产开发股份有限公司 2015 年第三季度报告全文 湛江国联水产开发股份有限公司 2015 年第三季度报告 2015 年 10 月 1 湛江国联水产开发股份有限公司 2015 年第三季度报告全文 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 □ 是 √ 否 | | 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） | 2,746,787,740.58 | | 2,749,020,949.40 | -0.08% | | 归属于上市公司普通股股东的股 | 1,723,285,768.57 | | 1,714,959,949.28 | 0.49% | | 东权益（元） | | | | | | 归属于上市公司普通股股东的每 | 4.8707 | | 4.8517 | 0.39% | | 股净资产（元/股） | | | | | | | 本报告期 | 本报 ...

湛江国联水产开发股份有限公司 2015 年半年度报告全文 2015 年半年度报告 2015 年 08 月 1 湛江国联水产开发股份有限公司 2015 年半年度报告全文 第一节 重要提示、释义 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料 不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确 性、完整性承担个别及连带责任。 所有董事均已出席了审议本报告的董事会会议。 公司负责人李忠、主管会计工作负责人樊春花及会计机构负责人(会计主管 人员)樊春花声明：保证本半年度报告中财务报告的真实、完整。 公司经本次董事会审议通过的利润分配预案为：以目前股本 353,807,100 股 为基数，向全体股东每 10 股派发现金红利 0.30 元（含税），送红股 0 股（含税）， 以资本公积金向全体股东每 10 股转增 0 股。 2 湛江国联水产开发股份有限公司 | 第一节 | 重要提示、释义 | 2 | | --- | --- | --- | | 第二节 | 公司基本情况简介 | 5 | | 第三节 | 董事会报告 | 8 | | 第四节 | 重要事项 | 19 | | 第五节 | 股份变动 ...

湛江国联水产 产开发股份有限 限公司 2014 年年度报告全文 湛江国 联水产 产开发股 股份有限 限公司 2014 4 年年度 度报告 微信号 号：guolia anshuichan n 名称：国 国联水产 2 2015年04 4月 1 湛江国联水产开发股份有限公司 2014 年年度报告全文 第一节 重要提示、目录和释义 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料 不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确 性和完整性承担个别及连带责任。 所有董事均已出席了审议本报告的董事会会议。 公司负责人李忠、主管会计工作负责人吴丽青及会计机构负责人(会计主管 人员)吴丽青声明：保证年度报告中财务报告的真实、准确、完整。 本报告中如有涉及未来的计划、业绩预测等方面的内容，均不构成本公司 对任何投资者及相关人士的承诺。投资者及相关人士均应对此保持足够的风险 认识，并应当理解计划、预测与承诺之间的差异。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司基本情况简介 5 | | 第三节 | 会计数据和财务指标摘要 7 | | 第 ...

湛江国联水产开发股份有限公司 2015 年第一季度报告全文 2015 年 04 月 1 湛江国联水产开发股份有限公司 2015 年第一季度报告全文 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资 料不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准 确性和完整性承担个别及连带责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李忠、主管会计工作负责人吴丽青及会计机构负责人(会计主管 人员)吴丽青声明：保证季度报告中财务报告的真实、完整。 2 湛江国联水产开发股份有限公司 2015 年第一季度报告 湛江国联水产开发股份有限公司 2015 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 387,000,627.79 | 507,024,704.54 | -23.67% | | 归属于上市公司普通股股东的净 ...

湛江国联水产开发股份有限公司 2014 年第三季度报告全文 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 湛江国联水产开发股份有限公司 2014 年第三季度报告全文 湛江国联水产开发股份有限公司 2014 年第三季度报告 2014 年 10 月 1 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李忠、主管会计工作负责人吴丽青及会计机构负责人(会计主管人员)吴丽青声明：保证季 度报告中财务报告的真实、完整。 2 湛江国联水产开发股份有限公司 2014 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 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增 | | --- | --- | --- | --- | --- | | | | | | 减 | | 总资产（元） | 2,475,037,744.26 | | 2,545,242,077.66 | ...

Financial Performance - Total revenue for the reporting period reached CNY 1,040,233,685.53, an increase of 15.37% compared to CNY 901,640,428.12 in the same period last year[17]. - Net profit attributable to ordinary shareholders was CNY 19,801,163.92, a significant increase of 357.86% from CNY 4,324,754.21 in the previous year[17]. - Net profit after deducting non-recurring gains and losses was CNY 16,664,930.45, up 965.41% from a loss of CNY 1,925,668.05 in the same period last year[17]. - Basic earnings per share increased by 500.00% to CNY 0.06, compared to CNY 0.01 in the previous year[17]. - Gross margin improved from 11.78% in the previous year to 13.89% in the current period[28]. - Operating profit was CNY 21,706,485.06, a significant recovery from a loss of CNY 241,754.63 in the previous period[110]. - The company reported a total comprehensive income of CNY 17,902,920.11, significantly higher than CNY 3,028,398.66 in the previous period[110]. Cash Flow and Assets - The net cash flow from operating activities decreased by 51.46% to CNY 116,460,002.85, down from CNY 239,932,358.67[17]. - The company reported a significant increase in cash flow from investment activities, amounting to CNY 45,034,226.54, a 243.17% increase year-on-year[31]. - The total cash and cash equivalents at the end of the period amounted to 87,294,303.70 yuan, down 61% from 223,772,219.36 yuan at the end of the previous period[121]. - Total current assets decreased to ¥1,664,579,950.09 from ¥1,937,798,199.90, a decrease of about 14.0%[102]. - Total assets at the end of the reporting period were CNY 2,290,411,368.75, a decrease of 10.01% from CNY 2,545,242,077.66 at the end of the previous year[17]. Market and Risk Management - The company faces exchange rate risks due to its reliance on export sales, and plans to optimize product structure and enhance pricing power to mitigate these risks[22]. - Food quality safety risks are acknowledged, with the company committing to stringent quality control measures to minimize these risks[22]. - The company aims to reduce market concentration risk by increasing investments in non-US markets and enhancing domestic market presence[22]. - The company aims to mitigate risks from raw material price fluctuations by establishing a joint decision-making system involving multiple departments[28]. Investments and Projects - The company has committed to invest a total of 29,483.4 million CNY in various projects, with a cumulative investment of 27,144.5 million CNY by the end of the reporting period, achieving a progress rate of 92.81%[49]. - The domestic marketing network construction project has a total investment commitment of 7,810 million CNY, with a cumulative investment of 2,099.85 million CNY, representing a progress rate of 26.89%[49]. - The company has reported that the shrimp seedling farm expansion project has not met its planned progress, primarily due to land acquisition issues, affecting the project's timeline[50]. - The company has terminated the domestic marketing network construction project due to feasibility concerns arising from rising real estate prices and slow channel establishment[50]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total number of shares increased from 352,000,000 to 352,000,000, with limited sale condition shares rising from 775,433 to 1,277,933, reflecting an increase of 502,500 shares[86]. - The largest shareholder, Zhanjiang Guotong Aquatic Products Co., Ltd., holds 40.71% of the shares, totaling 143,308,160 shares, with a decrease of 16,000,000 shares during the reporting period[90]. - The total number of shares held by the top ten shareholders includes significant stakes from both domestic and foreign entities, with the top three shareholders collectively holding over 60% of the company[90]. Compliance and Regulatory Matters - The financial report indicates a commitment to maintaining compliance with legal and regulatory requirements in its operations[194]. - The company adheres to the Chinese Accounting Standards, ensuring that financial reports are true and complete[136]. - The company has not engaged in any major non-fundraising investment projects during the reporting period[52]. Research and Development - The company has diversified its product strategy, transitioning from a shrimp and tilapia operator to a global seafood supply platform[27]. - The company is actively involved in the research and development of new products and technologies in the aquaculture sector[192]. - Research and development expenses slightly decreased by 1.85% to CNY 14,508,000.00[31].

湛江国联水产开发股份有限公司 2014 年第一季度报告全文 湛江国联水产开发股份有限公司 2014 年第一季度报告 2014 年 04 月 1 湛江国联水产开发股份有限公司 2014 年第一季度报告全文 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资 料不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准 确性和完整性承担个别及连带责任。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 宁凌 | 独立董事 | 因公出差在外 | 叶富良 | 公司负责人李忠、主管会计工作负责人吴丽青及会计机构负责人(会计主管 人员)吴丽青声明：保证季度报告中财务报告的真实、完整。 2 湛江国联水产开发股份有限公司 2014 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比 ...

Financial Performance - The company's operating revenue for 2013 was ¥2,213,827,410.03, representing a 52.38% increase compared to ¥1,452,799,067.92 in 2012[38]. - The net profit attributable to shareholders for 2013 was ¥56,486,784.22, a 125.05% increase from a loss of ¥225,507,725.19 in 2012[38]. - The total assets at the end of 2013 were ¥2,545,242,077.66, reflecting a 20.93% increase from ¥2,104,759,589.49 in 2012[38]. - The company's cash flow from operating activities was negative at -¥161,393,944.13, worsening by 84.04% compared to -¥87,694,746.28 in 2012[38]. - The weighted average return on equity for 2013 was 3.81%, an improvement of 18.5% from -14.69% in 2012[38]. - The company reported a total liability of ¥936,090,558.92, which is a 37.22% increase from ¥682,182,092.20 in 2012[38]. - The company's total revenue for 2013 reached CNY 2.21 billion, representing a year-on-year increase of 52.38%[62]. - The sales revenue from the subsidiary Guomei Aquaculture was CNY 489 million, a significant increase of 757.14% compared to the previous year, contributing to overall revenue growth[62]. - The American SSC company's sales revenue was CNY 848 million, up 71.43% year-on-year, driven by expanded sales regions and customer base[62]. - The feed company's sales revenue increased to CNY 212 million, reflecting a growth of 48.04% year-on-year due to enhanced sales capabilities and market expansion[63]. Strategic Initiatives - The company implemented a global operation strategy to enhance procurement efficiency and address seasonal challenges, leading to increased sales scale and gross profit[8]. - The company is diversifying its product offerings and markets, moving away from reliance on the U.S. market and single product categories, which has led to a more robust operational model[12]. - The company aims to leverage emerging trends in e-commerce and consumer demand for high-quality seafood products to drive growth, despite facing intense domestic competition[14]. - The company is focusing on building its own brand and enhancing brand value, moving from OEM exports to establishing a presence in both domestic and international markets[17]. - The company recognizes the importance of capital market strategies, including investments and mergers, to expand its scale and industry influence[15]. - The company is committed to continuous transformation, evolving from traditional processing to deep processing and brand establishment, to meet changing market demands[18]. - The company is exploring innovative technologies, such as QR codes, to enhance consumer engagement and traceability of products, potentially revolutionizing consumer behavior[14]. - The company is focusing on deep cooperation with professional fresh e-commerce platforms to leverage their strong cold chain distribution capabilities[20]. - The company aims to build a global brand image for high-quality seafood products by utilizing its extensive international procurement resources[20]. - The company acknowledges the importance of adapting to market trends and is preparing for globalization and the internet era[21]. Market Dynamics - The fresh e-commerce sector is expected to grow significantly, with annual growth rates potentially doubling, driven by improvements in cold chain logistics and rising food safety standards[20]. - The company is positioned to capitalize on the growing demand for fresh seafood in the e-commerce market, which has not yet formed a monopoly[20]. - The company emphasizes the need to align with market trends rather than resist them, indicating a strategic shift towards fresh e-commerce[20]. - The company has successfully maintained zero tariffs on shrimp exports to the U.S., enhancing its competitive advantage in the market[47]. - The global shrimp industry faced a reduction in supply and an increase in prices, with China beginning to import shrimp from Vietnam to compensate for domestic production declines[99]. - The domestic competition in shrimp sales is expected to intensify, with brand differentiation becoming increasingly important for market success[101]. - The rise of fresh e-commerce is expected to accelerate the growth of frozen seafood products, changing consumer perceptions about seafood quality[102]. - The company recognizes the need for improved consumer education regarding seafood products to shift traditional consumption habits[102]. Operational Challenges - The company emphasizes the need for scientific forecasting and risk management to navigate the cyclical nature of the aquaculture industry[7]. - The company aims to mitigate exchange rate risks by optimizing product structure and increasing the proportion of imported raw materials[41]. - The company has established a decision-making system to manage procurement risks related to raw material price fluctuations[44]. - The company has reported a significant increase in accounts receivable, amounting to CNY 555,453,046.07, which represents 21.82% of total assets[83]. - The inventory level rose to CNY 989,523,211.38, accounting for 38.88% of total assets, indicating increased raw material procurement due to seasonal factors[83]. Research and Development - Research and development expenses for 2013 amounted to CNY 3.18 million, accounting for 1.44% of total revenue, a decrease from 2.14% in 2012[70]. - The company has maintained a stable R&D investment strategy, focusing on key technological advancements in the aquaculture industry[69]. - The company holds 2 invention patents and 5 design patents, with a total of 25 registered trademarks as of the end of the reporting period[86][88]. - The company has made significant investments in R&D for new technologies and products to enhance market competitiveness[88]. Corporate Governance - The company has established and strictly executed insider information management systems to ensure compliance with relevant laws and regulations[134]. - The company has not proposed any cash dividend distribution plan despite having positive undistributed profits, citing the need for funds for operational development and to reduce financing costs[133]. - The company has maintained a consistent cash dividend policy, with no cash dividends distributed in the past three years, including 2013, 2012, and 2011, where the cash dividend amounts were all ¥0.00[133]. - The company’s profit distribution plan and capital reserve transfer to share capital plan are consistent with the company’s articles of association and dividend management measures[130]. - The company has committed to timely and accurate information disclosure, enhancing transparency for all stakeholders[194]. - The company has conducted its annual and temporary shareholder meetings in accordance with regulations, ensuring transparency[195]. - The company maintains independence from its controlling shareholder, ensuring autonomous operations[190]. Human Resources - The company has a strong management team with key members having extensive experience since its establishment in 2001[175]. - The company has established a fair and effective performance evaluation and incentive mechanism for senior management[193]. - The total remuneration paid to directors, supervisors, and senior management in 2013 amounted to 3.7833 million yuan, with monthly payments made[178]. - The company had a total of 3,342 employees as of December 31, 2013, with 73.73% being workers[183]. - The employee education level shows that 87.70% have a vocational education or below, while only 0.54% hold a master's degree or higher[184]. - The age distribution indicates that 40.42% of employees are over 41 years old, highlighting an aging workforce[185].