TRS(SZ:002567)2019-08-16 16:00Financial Performance - The company's operating revenue for the first half of 2019 was ¥7,274,304,048.32, representing a 6.51% increase compared to ¥6,829,958,389.19 in the same period last year[24]. - The net profit attributable to shareholders of the listed company decreased by 35.96% to ¥45,015,488.07 from ¥70,295,502.65 year-on-year[24]. - The net profit after deducting non-recurring gains and losses was ¥58,632,865.29, down 27.01% from ¥80,327,755.64 in the previous year[24]. - The net cash flow from operating activities increased significantly by 313.98% to ¥137,870,805.84 from ¥33,304,005.71 in the same period last year[24]. - Total assets at the end of the reporting period were ¥6,964,137,924.57, a 6.63% increase from ¥6,530,823,552.97 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company increased by 1.32% to ¥3,452,307,282.53 from ¥3,407,291,794.46 at the end of the previous year[24]. - Basic earnings per share decreased by 35.95% to ¥0.0538 from ¥0.0840 in the same period last year[24]. Revenue and Sales - The company achieved a revenue of 727.43 million yuan in the first half of 2019, representing a year-on-year increase of 6.51%[39]. - The company sold 224.37 thousand tons of feed, with a year-on-year growth of 1%, and feed sales revenue reached 643.82 million yuan, up 2.28% year-on-year[42]. - The company's meat industry revenue was 549.71 million yuan, a significant increase of 99.57% year-on-year, with a gross profit of 51.97 million yuan, up 45.55%[42]. - The average price of live pigs increased from approximately 11 yuan/kg to over 17 yuan/kg by the end of June 2019, significantly improving profitability in the second quarter[39]. - The company sold 50.85 million pigs, representing a year-on-year growth of 60.9%[65]. - The company’s feed sales revenue was 643,816.05 million yuan, with a year-on-year growth of 2.28%[65]. Investment and Development - The company plans to increase its investment in research and development to enhance product competitiveness and service value[66]. - The company has invested in research and development, resulting in a rapid increase in invention patents and recognition such as the National Science and Technology Progress Award[48]. - The total investment amount during the reporting period was RMB 289,371,556.75, representing a 67.46% increase compared to RMB 172,804,693.23 in the same period last year[80]. - The company has established a "1+3" self-breeding and self-raising model, which includes one breeding farm with 6,000 sows and three fattening bases, each producing 50,000 pigs, to control risks effectively[49]. - The company is focusing on developing new products such as liquid feed, biological environmental feed, and flavor meat products to drive business transformation[68]. Biosecurity and Disease Control - The company has implemented a comprehensive disease prevention system, focusing on biosecurity measures to control African swine fever, ensuring the health of the pigs[52]. - The company has increased its investment in biosecurity measures, leading to higher costs but improved disease control capabilities[39]. - The company reported a significant increase in biosecurity costs due to the ongoing threat of African swine fever, which requires enhanced disinfection and isolation measures[117]. - The company has established a complete supply chain from feed to meat products, enhancing control over the production process and ensuring meat safety[118]. Poverty Alleviation and Social Responsibility - The company reported a total investment of 31.61 million yuan in poverty alleviation efforts, helping 841 registered impoverished individuals to escape poverty[161]. - The company has established five poverty alleviation projects in the agricultural and forestry sectors, with an investment of 30.56 million yuan, benefiting 830 registered impoverished individuals[162]. - The company provided financial assistance of 100,000 yuan to support 200 impoverished students in their education[162]. - The company has been recognized for its contributions to social responsibility and poverty alleviation initiatives[165]. Shareholder and Equity Information - The total number of shares before the change was 836,570,799, with a total of 18,627,489 shares released from restrictions, resulting in a new total of 775,831,630 shares[173]. - The company repurchased a total of 7,875,573 shares for a total amount of RMB 37,041,997.45, representing 0.9414% of the total share capital, with an average repurchase price of RMB 4.7040 per share[176]. - The number of shareholders at the end of the reporting period was 51,878, with no preferred shareholders having voting rights restored[182]. - The largest shareholder, Hunan Tangrenshen Holdings Investment Co., Ltd., holds 148,859,540 shares, accounting for 19.96% of total shares[188]. - The company plans to use repurchased shares for employee stock ownership plans[176]. Environmental Compliance - The company has implemented measures to ensure compliance with environmental regulations, resulting in fines totaling RMB 9.5 million for various infractions[133]. - The company conducts monthly monitoring of wastewater discharge and quarterly monitoring of surface water and air emissions to ensure compliance with environmental standards[157]. - The company has received approval for its environmental impact assessment and has obtained necessary permits for pollution discharge[158]. - The company reported no significant environmental protection issues or exceeded discharge standards during the reporting period[153].