Operating Expenses - For the year ended December 31, 2019, the company recorded other operating expenses of RMB 883.381 million, with other expenses amounting to RMB 78.824 million[1]. - Labor protection expenses increased to RMB 13.670 million in 2019 from RMB 8.697 million in 2018, representing a growth of 57.0%[2]. - Legal and professional fees rose significantly to RMB 8.482 million in 2019, up from RMB 3.166 million in 2018, marking an increase of 168.5%[2]. - The total of other operating expenses increased from RMB 51.639 million in 2018 to RMB 78.824 million in 2019, reflecting a rise of 52.5%[2]. Operating Income - The company achieved other operating income of RMB 627.615 million, with other income contributing RMB 26.145 million[1]. - Asset disposal income was recorded at RMB 22.972 million in 2019, with no comparable figure provided for 2018[3]. - Other income from arrangements (convertible bond extensions/guarantee account renewals) decreased significantly to RMB 0.104 million in 2019 from RMB 7.599 million in 2018[3]. - The company reported a total of RMB 26.145 million in other operating income for 2019, down from RMB 42.469 million in 2018, indicating a decline of 38.5%[3]. Financial Reporting - The company provided additional details on operating expenses and income without affecting the overall financial report[1]. - The board of directors remains committed to transparency and accuracy in financial reporting[4].
中州证券(01375) - 2020 - 年度财报