JSCN(SH:600959)2016-04-28 16:00Financial Performance - Operating revenue for the period was ¥1,120,832,251.19, reflecting a growth of 3.45% year-on-year[6]. - Net profit attributable to shareholders of the listed company was ¥223,446,195.35, a slight increase of 1.06% year-on-year[6]. - Basic earnings per share decreased by 22.22% to ¥0.07 compared to the previous year[6]. - The company reported a net profit of ¥210,571,969.86 after deducting non-recurring gains and losses, which is an increase of 1.78% year-on-year[6]. - The company reported a significant increase in cash and cash equivalents, with a balance of ¥5,169,652,774.55 compared to ¥5,228,542,358.47 at the beginning of the year, a decrease of 1.12%[23]. - Net profit for Q1 2016 was CNY 245,422,961.14, slightly down from CNY 245,938,302.05 in Q1 2015, representing a decrease of 0.2%[32]. - The net profit attributable to shareholders of the parent company was CNY 223,446,195.35, compared to CNY 221,096,672.96 in the previous year, reflecting a growth of 1.1%[32]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥18,746,266,851.97, an increase of 0.87% compared to the end of the previous year[6]. - Total current assets increased to ¥6,164,848,903.25 from ¥6,118,210,492.55, representing a growth of 0.76%[23]. - Total non-current assets increased to ¥12,581,417,948.72 from ¥12,466,238,731.56, showing a growth of 0.93%[24]. - Total liabilities decreased to ¥5,734,946,280.60 from ¥5,814,383,346.64, a decline of 1.37%[25]. - Total equity increased to ¥13,011,320,571.37 from ¥12,770,065,877.47, reflecting a growth of 1.89%[25]. - Long-term borrowings increased to ¥357,281,721.74 from ¥284,271,955.89, representing a growth of 25.67%[25]. Cash Flow - Net cash flow from operating activities increased by 50.77% to ¥205,538,804.68 compared to the same period last year[6]. - Cash flow from operating activities was CNY 1,220,713,133.60, an increase of 11% from CNY 1,099,608,590.44 in the same period last year[37]. - Operating cash inflow for Q1 2016 was CNY 1,296,303,463.97, an increase of 11.9% compared to CNY 1,158,487,306.74 in the previous year[38]. - Cash received from sales and services was CNY 833,450,904.35, an increase from CNY 754,120,132.49 in the previous year[41]. - Cash paid for taxes decreased to CNY 23,783,282.94 from CNY 42,048,493.82, a reduction of 43.5%[38]. Shareholder Information - The number of total shareholders reached 184,130 at the end of the reporting period[11]. - The largest shareholder, Jiangsu Broadcasting Television Information Network Co., Ltd., holds 18.03% of the shares[11]. Stock Repurchase and Stabilization Plans - The company plans to initiate a stock repurchase program if the prospectus is found to contain false statements or omissions, with a repurchase price equal to the issuance price plus interest from the issuance date to the repurchase announcement date[17]. - The stock repurchase will include original shares and their derived shares in the event of dividends, stock splits, or capital increases[17]. - The company will compensate investors for losses incurred due to false statements in the prospectus, as determined by relevant regulatory authorities[17]. - If the stock price falls below the net asset value for 20 consecutive trading days within three years of listing, the company will hold a board meeting and a shareholder meeting to discuss a specific stock price stabilization plan[18]. - The company will allocate no less than 30 million yuan for stock repurchase in a single stabilization plan, not exceeding 50% of the previous fiscal year's net profit[18]. - The stabilization measures will cease if the stock price exceeds the net asset value for five consecutive trading days[18]. - The lock-up period for shares will automatically extend by six months if the stock price falls below the issuance price during the first six months post-listing[18]. - The company will hold an investor meeting within 10 trading days if the stock price falls below 120% of the net asset value[18]. - The repurchase program requires approval from shareholders holding more than two-thirds of the voting rights present at the meeting[18]. - The company commits to adhering to legal regulations regarding stock repurchase and ensuring compliance with listing conditions[18]. - The company plans to stabilize its stock price if it falls below net asset value per share, with measures including share buybacks[19]. - The total amount for stock repurchase will not be less than 30% of the cash dividends received from the company in the previous year[19]. - The company will actively take measures to stabilize its stock price in accordance with the specific plan approved by the shareholders' meeting[19]. Commitments and Governance - The company has committed to publicly disclose reasons for any failure to fulfill commitments and apologize to shareholders[20]. - The company will not approve the resignation of directors or senior management who fail to fulfill commitments unless due to force majeure[20]. - The company will research and propose plans to minimize investor losses in case of commitment failures[20].