Financial Performance - Total revenue for Q1 2016 reached ¥90,501,102.74, representing a 182.98% increase compared to ¥31,981,153.62 in the same period last year[8] - Net profit attributable to shareholders was ¥3,293,087.55, up 38.47% from ¥2,378,187.21 year-on-year[8] - Basic earnings per share decreased by 5.96% to ¥0.0363 from ¥0.0386 in the same period last year[8] - The company reported a significant increase in revenue for Q1 2016, with a year-over-year growth of 25%[39] - The total operating revenue for the first quarter was CNY 90,501,102.74, a significant increase from CNY 31,981,153.62 in the previous period[60] - The net profit for the quarter was CNY 3,293,087.55, up from CNY 2,378,187.21 in the previous year[61] - The total comprehensive income for the period was CNY 3,293,087.55, an increase from CNY 2,378,187.21[66] Cash Flow and Financial Position - Net cash flow from operating activities decreased significantly to -¥28,898,576.82, a 521.71% decline compared to -¥4,716,483.87 in the previous year[8] - The net increase in cash and cash equivalents was -13,183,779.41 yuan, a decrease of 109.96% compared to the previous period[22] - Cash and cash equivalents at the end of the period were CNY 175,080,039.17, slightly down from CNY 177,501,356.86 at the end of the previous period[70] - The company reported a total cash inflow from operating activities of CNY 126,198,042.00, compared to CNY 49,998,603.29 in the previous period[68] - The ending cash and cash equivalents balance was ¥151,096,984.08, down from ¥169,675,257.25 in the previous period[74] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,266, with the top two shareholders each holding 13.95% of the shares[15] - Major shareholders include Liu Longbao with 10.20% ownership, Shou Zhaoai with 8.37%, and Sun Jinming with 7.53%[16] - The company has a total of 36.27% of shares held by related parties, indicating a concentrated ownership structure[16] - The company has committed to a share buyback program, intending to repurchase up to 100 million CNY worth of shares[32] - The company’s shareholders are bound by commitments to ensure that any increase in shareholding complies with the established lock-up periods[28] Market Expansion and Strategic Plans - The company plans to expand into non-coal industries such as railways, electricity, ports, and chemicals to mitigate risks associated with macroeconomic fluctuations[11] - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by the end of 2016[32] - A strategic acquisition of a local tech firm is expected to enhance product offerings and customer base[33] - The company aims to launch two new products in Q2 2016, which are anticipated to contribute an additional 200 million CNY in revenue[34] Risks and Compliance - The company anticipates potential risks related to market expansion and the impact of new fixed asset depreciation on future earnings[12] - The company faces integration risks from mergers and acquisitions, which may affect operational efficiency and performance if management systems are not adjusted accordingly[11] - The company has a commitment to compensate for any losses incurred due to non-compliance with land leasing contracts, with a potential loss amounting to 13.81 million yuan[31] - The company is actively engaged in asset restructuring and has made commitments regarding share transfer restrictions and compliance with regulatory opinions[30] Research and Development - Investment in R&D increased by 10% compared to the previous quarter, focusing on innovative technologies[35] - The company is investing in R&D, with a budget allocation of 5 million yuan for new technology development[41] Operational Efficiency - The gross margin improved to 45%, up from 40% in the previous quarter, indicating better cost management[35] - The company reported a significant increase in financial expenses by 1,273.27% to 437,752.15 yuan due to the integration of automation projects[22] - The revenue from the core equipment and devices for bulk material handling decreased by 4.2264 million yuan compared to the same period last year[23]

Business Expansion and Strategy - The company plans to focus on expanding into non-coal industries such as railways, electricity, ports, and chemicals to mitigate risks associated with macroeconomic fluctuations [4]. - The company is actively enhancing its sales network to support market development initiatives [5]. - The company plans to leverage the capital market for financing to enhance R&D and application of intelligent solutions, aiming for sustainable development [30]. - The company is focusing on new product development as a primary strategy to improve profitability and meet the demands of Industry 4.0 [31]. - The company aims to expand into large-item handling automation solutions to provide more comprehensive services to downstream customers [30]. - The company plans to enhance its market position through mergers and acquisitions, aiming to integrate resources and improve market share in the intelligent manufacturing sector [38]. - The company aims to expand its market share and enhance product quality through the construction of a bulk material handling equipment R&D center and marketing network [38]. - The company intends to pursue mergers and acquisitions to strengthen its core business and enhance long-term strategic competitiveness [85]. - The company plans to integrate subsidiaries and control acquisition risks while maintaining the stability of management teams and core technical personnel [87]. - The company aims to expand its marketing network and service centers to increase product market share and sales volume [84]. Financial Performance - The company reported a profit distribution plan of 0 cash dividends and 0 bonus shares for every 10 shares held [6]. - The company’s operating revenue for 2015 was ¥206,712,658.31, representing an increase of 8.87% compared to ¥189,863,050.19 in 2014 [19]. - The net profit attributable to shareholders decreased by 29.96% to ¥21,697,152.15 from ¥30,977,719.97 in the previous year [19]. - The net profit after deducting non-recurring gains and losses was ¥15,030,681.78, down 48.56% from ¥29,221,384.22 in 2014 [19]. - The net cash flow from operating activities surged by 617.59% to ¥56,456,948.65, compared to ¥7,867,552.98 in 2014 [19]. - Total assets increased by 329.86% to ¥1,415,826,188.38 from ¥329,369,950.98 at the end of 2014 [19]. - The net assets attributable to shareholders rose by 206.85% to ¥768,774,435.36, compared to ¥250,537,214.67 at the end of 2014 [19]. - The company reported a total distributable profit of ¥95,163,576.17, with no cash dividends distributed in 2015, resulting in a cash dividend ratio of 0.00% [91]. Mergers and Acquisitions - The company successfully completed a major asset restructuring, acquiring Weichuang Automation as a wholly-owned subsidiary, with the approval from the China Securities Regulatory Commission received on November 17, 2015 [41]. - The acquisition of Weichuang Automation was completed on November 30, 2015, for a total cost of CNY 550,000,000, with a net profit contribution of CNY 7,616,616.06 [52]. - The company acquired 100% equity in Shenzhen Weichuang Automation Equipment Co., Ltd. for 550,000 CNY, focusing on automated vehicle equipment [70]. - The company has committed to achieving a net profit of no less than CNY 150 million over three years from the acquisition of Shenzhen Weichuang Automation Equipment Co. [81]. Research and Development - The company emphasizes continuous innovation and R&D capabilities, focusing on developing non-standardized products tailored to specific customer needs, leveraging competitive pricing and quality [36]. - The company is advancing its software development capabilities to support the Industrial 4.0 concept, aiming for integrated solutions with clients [36]. - The company’s R&D investment for 2015 amounted to ¥10,546,772.71, representing 5.10% of total revenue, an increase from 4.31% in 2014 [62]. - The number of R&D personnel increased to 186 in 2015, accounting for 15.56% of the total workforce, compared to 16.52% in 2014 [62]. - The company has a strategy to expand its market presence and enhance its technological capabilities [172]. Operational Risks and Challenges - The company acknowledges the integration risks associated with mergers and acquisitions, which may affect operational performance and management efficiency [4]. - The company faces market expansion risks due to increased competition and the need to effectively utilize new production capacity after fundraising projects are completed [5]. - New fixed asset depreciation from fundraising projects is expected to pressure the company's net profit in the short term [5]. - The company anticipates a potential decline in return on net assets due to the significant increase in net assets following the successful public offering [5]. - The company has acknowledged the potential impact of land leasing issues on its operations and is prepared to address any resulting losses [98]. Corporate Governance and Compliance - The company has not conducted any investor communications or interviews during the reporting period [88]. - The company has not reported any significant non-equity investments during the reporting period [71]. - The company has committed to adhere to the lock-up period regulations set by the China Securities Regulatory Commission and Shenzhen Stock Exchange [96]. - The company has fulfilled its commitments to minority shareholders on time [108]. - The company has not been subject to any penalties from securities regulatory authorities in the past three years [173]. Employee and Management Structure - Total number of employees is 1,195, with 218 in the parent company and 977 in major subsidiaries [176]. - Employee composition includes 549 production staff, 148 sales personnel, 255 technical staff, 20 financial staff, and 223 administrative staff [176]. - The company has implemented a comprehensive performance evaluation mechanism to enhance employee motivation [177]. - In 2015, the company organized various training programs for technical, sales, and management personnel to improve skills and capabilities [178]. - The company maintains full independence from its controlling shareholder in business, personnel, assets, institutions, and finance [186].

Financial Performance - Net profit attributable to shareholders decreased by 3.53% to CNY 6,667,873.60 for the current period[6] - Basic earnings per share decreased by 23.35% to CNY 0.0883[6] - The gross profit margin for the main business decreased from 42.49% in 2014 to 39.16% in 2015[11] - The company's revenue for the first nine months of 2015 reached 131.64 million RMB, representing a growth of 4.34% year-on-year[21] - Total operating revenue for the current period was CNY 50,335,711.89, reflecting a growth of 5.47% year-on-year[6] - The company reported a total profit of CNY 20,423,979.48 for the year-to-date, down from CNY 24,281,098.09 in the previous year[58] - Operating profit for the year-to-date was CNY 16,073,155.01, a decrease of 29.6% compared to CNY 22,823,212.54 last year[58] - The total comprehensive income for the third quarter was CNY 5,067,769.17, down from CNY 5,831,149.12 in the previous year[59] Assets and Liabilities - Total assets increased by 44.40% to CNY 475,610,586 compared to the end of the previous year[6] - The total liabilities of the company were CNY 86,087,133.69, up from CNY 78,832,736.31, which is an increase of approximately 9.5%[43] - The equity of the company increased to CNY 198,820,663.15 from CNY 86,836,056.43, reflecting a growth of about 128.5%[43] - Current assets rose to ¥346,797,196.50, compared to ¥201,331,878.78 at the start of the period[45] - Total liabilities decreased to ¥68,056,529.02 from ¥60,178,050.54[47] Cash Flow - The company's cash and cash equivalents increased by 307.44% compared to the end of the previous year, primarily due to stock issuance and increased loans[18] - The company's cash and cash equivalents increased significantly to CNY 186,527,692.89 from CNY 45,780,103.78, representing a growth of about 307.5%[41] - Net cash flow from operating activities increased by 2,566.89% year-on-year, driven by higher cash flow from operating and financing activities[20] - Cash inflow from sales of goods and services was ¥132,327,524.74, an increase from ¥115,436,621.57 in the previous period, reflecting a growth of 14.5%[64] - The company reported a net increase in cash and cash equivalents of ¥140,747,589.11, compared to ¥5,277,590.03 in the previous period, indicating a growth of 2,570.5%[66] Accounts Receivable and Inventory - Accounts receivable increased from CNY 79,363,100 at the end of 2014 to CNY 99,306,700 by September 30, 2015, indicating potential liquidity risks[10] - Accounts receivable decreased by 39.63% compared to the end of the previous year, mainly due to a reduction in customer payments settled by acceptance bills[18] - The inventory decreased to CNY 45,899,874.73 from CNY 59,855,381.50, showing a reduction of about 23.3%[41] - The company reported a significant increase in accounts receivable, which rose to ¥73,922,975.83 from ¥59,814,088.72[45] Strategic Initiatives - The company plans to enhance R&D efforts and improve product quality to mitigate risks from the coal market downturn[9] - The company aims to expand into non-coal markets to diversify its revenue sources[9] - Increased competition in the industry necessitates a focus on R&D and product quality to maintain market position[12] - The company is focusing on innovation in research and development, cost reduction, and market expansion as part of its strategic initiatives[24] - The company is actively seeking new business growth points to maximize shareholder value[24] Shareholder Information - The total number of shareholders at the end of the reporting period is 4,890[14] - The company distributed cash dividends totaling CNY 9,600,000 to shareholders, with a dividend of CNY 1.2 per 10 shares[37] - The controlling shareholders have pledged to stabilize the stock price and will not seek benefits beyond the agreed terms[31] - The company has committed to using at least 20% of the after-tax cash dividends and salaries received from the company for stock repurchase[32] Investment and Projects - The total amount of raised funds is 13,147 million CNY, with 1,073.24 million CNY invested in the current quarter[35] - Cumulative investment of raised funds reached 7,599.2 million CNY, with a project completion rate of 96.15% for the core equipment expansion project[35] - The core equipment and device expansion project has a total investment commitment of 7,554 million CNY, with 7,263.1 million CNY already invested[35] - The company has ongoing projects including the expansion of core equipment for bulk material handling, which is currently in the construction phase[36] - The marketing network and service center construction project is also in its initial phase, indicating a focus on expanding operational capabilities[36]

Financial Performance - Total operating revenue for the first half of 2015 was CNY 81,304,718.90, an increase of 3.66% compared to CNY 78,436,863.56 in the same period last year[18]. - Net profit attributable to shareholders decreased by 26.52% to CNY 9,933,757.32 from CNY 13,519,270.22 year-on-year[18]. - Basic earnings per share fell by 41.09% to CNY 0.1355 from CNY 0.230 in the same period last year[18]. - Total operating costs rose to CNY 70,594,003.02, up 11.5% from CNY 63,341,074.68 year-on-year[119]. - Operating profit for the first half of 2015 was CNY 10,720,984.24, down 29.5% from CNY 15,101,629.48 in the same period last year[119]. - The company reported a total comprehensive income for the period amounted to 30,977,719.97 CNY, reflecting a significant increase compared to the previous period[137]. Cash Flow and Liquidity - Net cash flow from operating activities was negative at CNY -3,372,614.32, a decline of 129.35% compared to CNY 11,489,094.89 in the previous year[18]. - The company's cash flow from operating activities was -3,372,614.32 CNY, a decline of 129.35% year-on-year, attributed to slower collection of receivables[31]. - The company reported a net increase in cash and cash equivalents of 127,484,098.23 CNY, compared to 7,001,717.91 CNY in the previous period[128]. - Cash outflow from operating activities totaled 98,242,641.99 CNY, up from 64,860,825.60 CNY in the previous period[127]. - The cash balance at the end of the period was 172,566,882.01 CNY, significantly higher than 54,555,518.47 CNY at the end of the previous period[128]. Assets and Liabilities - Total assets increased by 42.10% to CNY 468,048,448.22 from CNY 329,369,950.98 at the end of the previous year[18]. - The company's total liabilities decreased to CNY 85,212,680.83 from CNY 78,832,736.31, indicating a reduction of about 8.0%[111]. - Accounts receivable increased to CNY 92,389,149.66 from CNY 79,363,097.13, reflecting a growth of approximately 16.0%[109]. - The total current liabilities decreased to CNY 65,212,680.83 from CNY 78,832,736.31, reflecting a decline of approximately 17.4%[111]. Shareholder Equity - Shareholders' equity attributable to the parent company rose by 52.81% to CNY 382,835,767.39 from CNY 250,537,214.67 at the end of the previous year[18]. - The equity attributable to the parent company's owners at the end of the period was 250,537,214.67 CNY, up from 219,559,494.70 CNY in the previous year, representing an increase of approximately 14.1%[138]. - The total owner's equity at the end of the current period is 378,336,871.73 RMB, up from 248,278,300.00 RMB in the previous year, indicating a growth of approximately 52.5%[141]. Market and Strategic Initiatives - The company plans to enhance R&D efforts and improve product quality and delivery timelines to mitigate risks from the coal market downturn[23]. - The company aims to expand its marketing network and service centers to strengthen existing customer relationships and attract new clients[23]. - The company will increase its market development efforts in non-coal industries to diversify its revenue sources[23]. - The company is experiencing a downturn in the coal industry, primarily due to falling coal prices, which has led to decreased profitability[42]. - The transition from traditional vehicle transport to belt conveyor systems in construction projects is creating new market opportunities for the company's products[44]. Risks and Challenges - The company faced risks related to accounts receivable, with balances increasing to 92,389,100.00 CNY as of June 30, 2015, raising concerns about liquidity and bad debt[24]. - The competitive landscape in the industry remains intense, with increasing demands for functionality, stability, and safety from sectors such as mining and construction[26]. - The company plans to enhance its sales management system and strengthen risk control measures to mitigate potential bad debt risks[24]. Corporate Governance and Compliance - The company reported no major litigation or arbitration matters during the reporting period[63]. - There were no asset acquisitions or sales during the reporting period[64][65]. - The company did not implement any equity incentive plans during the reporting period[67]. - The company has commitments from major shareholders regarding stock transfer restrictions for a period of 36 months[81]. - The company has not proposed or implemented any share repurchase plans during the reporting period[89]. Accounting and Financial Reporting - The half-year financial report for 2015 has not been audited[89]. - The financial report complies with the requirements of enterprise accounting standards, ensuring a true and complete reflection of the company's financial status[149]. - The accounting period for the financial report covers January 1, 2015, to June 30, 2015[150]. - The company has no significant changes in accounting policies or estimates during the reporting period[197].

Financial Performance - Total revenue for the first quarter was CNY 31,981,153.62, an increase of 6.99% compared to CNY 29,892,367.35 in the same period last year[8] - Net profit attributable to shareholders was CNY 2,378,187.21, representing a growth of 22.52% from CNY 1,941,053.96 year-on-year[8] - Basic earnings per share increased by 19.14% to CNY 0.0386 from CNY 0.0324 in the same quarter last year[8] - The total operating revenue for the first quarter was CNY 31,981,153.62, an increase from CNY 29,892,367.35 in the previous period[56] - The total profit for Q1 2015 was CNY 2,762,399.63, compared to CNY 2,510,936.22 in the previous year, marking an increase of about 10.0%[58] - The operating profit for Q1 2015 was CNY 2,760,844.63, an increase from CNY 2,509,696.22 in the previous year, reflecting a growth of about 9.9%[58] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -4,716,483.87, showing a significant improvement of 69.92% compared to CNY -15,680,575.70 in the previous year[8] - Cash inflows from operating activities totaled ¥49,998,603.29, a 92.04% increase compared to the previous period, mainly due to increased sales cash receipts[19] - The cash inflow from operating activities was CNY 49,998,603.29, significantly higher than CNY 26,034,942.44 in the previous period, indicating a growth of about 92.5%[64] - Total cash and cash equivalents at the end of the period reached 170,372,577.25 CNY, up from 29,112,646.89 CNY in the previous period, reflecting a significant increase[70] - The company reported cash outflows from operating activities totaling 42,636,157.09 CNY, compared to 41,591,084.39 CNY in the previous period[67] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 474,933,510.38, a 44.19% increase from CNY 329,369,950.98 at the end of the previous year[8] - The total liabilities were CNY 90,150,671.63, an increase from CNY 78,832,736.31[50] - Total current assets increased by 63.57% to ¥364,025,517.32, mainly driven by new share issuance[19] - Accounts receivable balance increased to CNY 88,273,400 as of March 31, 2015, indicating a potential liquidity risk[12] - Inventory increased to CNY 64.88 million from CNY 59.86 million, reflecting a rise in stock levels[48] Shareholder Equity and Dividends - Shareholders' equity attributable to shareholders rose by 53.58% to CNY 384,782,838.75 from CNY 250,537,214.67 year-on-year[8] - The company plans to distribute cash dividends of no less than 20% of the distributable profits achieved in the current year[30] - The company emphasizes long-term sustainable development in its dividend distribution policy, considering operational performance and shareholder expectations[30] - The company will maintain a continuous and stable dividend distribution policy[30] - The company is required to ensure that the cash dividends from its subsidiaries are not less than 50% of the distributable profit for the year[37] Operational Strategy and Future Plans - The company plans to enhance R&D efforts and improve product quality to mitigate risks from the coal market downturn[11] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[56] - The company aims to strengthen cash flow management to address the declining net cash flow from operating activities[13] Financial Management and Governance - The company will not allow any related transactions that do not comply with fair and reasonable business conditions[29] - The company will ensure that any related transactions are conducted under normal commercial terms[29] - The board must carefully study and discuss the timing and conditions for cash dividends, ensuring independent directors express clear opinions[35] - The company may adjust its profit distribution policy in response to significant impacts from natural disasters or regulatory changes[36]

Financial Performance - The company's operating revenue for 2014 was ¥189,863,050.19, representing a 2.83% increase compared to ¥184,643,948.52 in 2013[18]. - Operating costs increased by 8.26% to ¥108,712,362.17 in 2014 from ¥100,422,184.38 in 2013[18]. - The net profit attributable to shareholders decreased by 19.22% to ¥30,977,719.97 in 2014 from ¥38,349,660.11 in 2013[18]. - Basic earnings per share decreased by 18.75% to ¥0.52 in 2014 from ¥0.64 in 2013[18]. - The gross profit margin for the main business in 2014 was 42.49%, down from 45.49% in 2013[24]. - The company's total operating costs increased by 8.26% to ¥108.71 million, primarily due to the lower gross margin of new products[29]. - The company's revenue from the East China region was CNY 60,537,604.22, with a profit of CNY 25,107,129.73, indicating a decline of 12.07% in revenue year-on-year[40]. - The company reported a net profit of CNY 29,853,267.56 for the year, with a cash dividend distribution plan of CNY 9,600,000, representing 30.99% of the net profit attributable to shareholders[55][56]. Cash Flow and Investments - The net cash flow from operating activities dropped significantly by 73.46% to ¥7,867,552.98 in 2014 compared to ¥29,643,291.16 in 2013[18]. - The company reported a net cash outflow from investment activities of CNY 16,977,503.10 in 2014, a significant increase from CNY 9,414,471.11 in 2013[35]. - Operating cash inflow increased by 25.86% to CNY 155,429,696.96 in 2014, while cash outflow rose by 57.23% to CNY 147,562,143.98[34]. - The company incurred a cash outflow of ¥16,992,402.97 for investment activities, compared to ¥9,486,472.54 in the previous period, indicating increased investment expenditures[145]. - The net cash flow from financing activities improved to ¥6,638,933.34, compared to a net outflow of ¥21,055,443.32 in the previous period[149]. Assets and Liabilities - Total assets increased by 17.30% to ¥329,369,950.98 at the end of 2014 from ¥280,796,924.64 at the end of 2013[18]. - Total liabilities rose by 28.73% to ¥78,832,736.31 at the end of 2014 from ¥61,237,429.94 at the end of 2013[18]. - The asset-liability ratio was 23.93% at the end of 2014, up from 21.81% at the end of 2013[18]. - Accounts receivable at the end of 2014 amounted to ¥79.36 million, representing 41.80% of operating income, indicating potential liquidity risks[24]. - The company reported a significant increase in inventory, rising to CNY 59,855,381.50, which accounted for 18.17% of total assets, due to the expansion of its subsidiary Tianwo Heavy Industry[41]. Research and Development - The company's R&D investment was ¥8.18 million, accounting for 4.31% of operating revenue, aimed at improving product performance and reducing costs[27]. - The company plans to invest in a new R&D center to enhance its capabilities in high-end product development and optimize existing production processes[48]. - The company plans to enhance its core competitiveness by focusing on R&D, product development, and technical upgrades over the next three years[47]. Market and Sales - Sales revenue from the coal mining industry in 2014 was ¥78.20 million, accounting for 41.79% of total operating income, indicating a decline from previous years[23]. - The company's sales volume of tensioning devices and feeders decreased by 25.10% to 1,167 units in 2014 compared to 1,558 units in 2013[30]. - The sales volume of concrete mixing stations reached 13 sets in 2014, a significant increase from 0 in 2013[30]. - The company is actively expanding into the construction industry, leading to a rapid increase in sales scale for concrete mixing stations[30]. Governance and Management - The company has maintained a stable management team, with key executives like Sun Jinming and Liu Longbao holding significant positions since the company's establishment[104]. - The company has established a complete and independent procurement, production, sales, and R&D system, ensuring operational independence from its controlling shareholders[114]. - The company has a well-defined governance structure that complies with relevant laws and regulations, enhancing its governance level[114]. - The independent directors provided no objections to the board's resolutions during the reporting period, indicating a consensus on governance matters[117]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,638[94]. - The major shareholders include Cai Min and Hou Youfu, each holding 12,660,500 shares, representing 21.10% of the total shares[94]. - The company has maintained a cash dividend payout ratio of 100% for the reporting period, with no stock bonus shares issued[54]. Compliance and Legal Matters - The company has not engaged in any major litigation, arbitration, or asset acquisition during the reporting period[60][63]. - The company did not implement any stock incentive plans during the reporting period[67]. - The company did not have any violations regarding external guarantees during the reporting period[80]. Accounting and Financial Reporting - The company reported a standard unqualified audit opinion for the financial statements for the year ended December 31, 2014, confirming compliance with accounting standards[124]. - The financial report was approved on March 27, 2015, by the third meeting of the second board of directors[165]. - The company adheres to the accounting standards for enterprises, ensuring that the financial statements reflect a true and complete picture of its financial status and operating results[170].