NJEC(SH:600699)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders increased by 31.44% to CNY 71,463,260.75 year-on-year[10] - Operating revenue rose by 21.61% to CNY 1,623,239,806.41 compared to the same period last year[10] - Basic and diluted earnings per share increased by 22.22% to CNY 0.11 per share[10] - Total operating revenue for the first quarter reached ¥1,623,239,806.41, an increase of 21.6% compared to ¥1,334,835,568.11 in the same period last year[25] - Net profit for the period was ¥71,996,180.63, representing a 21.7% increase from ¥59,290,729.69 in the previous year[25] Asset and Liability Changes - Total assets increased by 5.02% to CNY 6,034,575,707.13 compared to the end of the previous year[10] - Current assets totaled RMB 2,713,731,054.13, up from RMB 2,442,987,136.13 at the start of the year, indicating a growth of approximately 11.06%[20] - Total liabilities increased to ¥706,264,540.25 from ¥634,032,823.76 year-over-year[23] - Total assets at the end of the period were ¥3,122,481,953.44, up from ¥3,060,473,823.26 at the beginning of the year[22][23] Cash Flow and Investments - Net cash flow from operating activities increased by 17.12% to CNY 26,865,607.32 year-on-year[10] - The net cash flow from operating activities is 26,865,607.32 RMB, compared to 22,939,503.06 RMB in the previous period, indicating an increase of about 17.5%[30] - The net cash flow from investing activities is -144,248,902.80 RMB, worsening from -112,605,075.32 RMB in the previous period, reflecting a decline of about 28.2%[31] - The net cash flow from financing activities improved to 38,611,183.93 RMB from -10,300,896.91 RMB, indicating a significant turnaround[31] Shareholder Information - The total number of shareholders reached 15,818 at the end of the reporting period[11] - Ningbo Junsheng Investment Group Co., Ltd. holds 62.92% of the shares, totaling 400,250,286 shares[11] Government and Non-Operating Income - The company received government subsidies amounting to CNY 5,286,918.96 during the reporting period[10] - Non-operating income and expenses resulted in a net gain of CNY 3,523,599.07 after tax impacts[10] Corporate Governance and Compliance - The company commits to not engaging in any business that competes with Deheng's main operations during its period as the largest shareholder[12] - The company guarantees not to harm the interests of Deheng and its minority shareholders through its controlling shareholder status[12] - The company will adhere to legal and regulatory requirements regarding related party transactions and ensure fair market pricing[13] - The company has established measures to prevent any illegal occupation of its funds and assets by its major shareholders[13] - The company guarantees that any related transactions will follow fair pricing principles and will not harm the interests of the company[15] Future Plans and Commitments - The company plans to initiate the equity injection of its subsidiary, Junsen Isabel, into Deheng Co., Ltd. within three years after the completion of the restructuring and the subsidiary achieving profitability[12] - The company will actively cooperate with Deheng to fulfill relevant procedures in accordance with laws and regulations after the completion of the restructuring[12] - The company is focusing on expanding its market presence and investing in new product development to drive future growth[25] - The company plans to enhance its operational efficiency and reduce costs in response to rising expenses in the current economic environment[25]