CHENGZHI(SZ:000990)2018-10-18 16:00Financial Performance - Total assets at the end of the reporting period reached ¥22,615,991,945.23, an increase of 7.59% compared to the end of the previous year[8]. - Net profit attributable to shareholders was ¥323,860,190.68, representing an 18.38% increase year-on-year[9]. - Operating revenue for the period was ¥1,585,114,894.23, reflecting a growth of 14.06% compared to the same period last year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥272,985,747.69, a significant increase of 79.32% year-on-year[9]. - Basic earnings per share for the period was ¥0.2584, up by 18.37% compared to the same period last year[9]. - The weighted average return on equity increased by 0.26 percentage points to 1.99%[9]. - The net cash flow from operating activities for the year-to-date was ¥917,606,550.74, down 11.19% compared to the previous year[9]. Shareholder Information - The company reported a total of 17,572 shareholders at the end of the reporting period[14]. - The largest shareholder, Chengzhi Kairun Holdings, holds 33.44% of the shares, totaling 418,985,928 shares[14]. Accounting and Policy Changes - The company has made adjustments to its accounting policies in accordance with new regulations issued by the Ministry of Finance[9]. Expenses and Income - Sales expenses increased by 45.03% to RMB 78,639,187.89 due to business expansion and reclassification of certain patent fees[18]. - Investment income surged by 174.97% to RMB 125,816,565.57, driven by increased financial investment returns and equity method investment income[18]. - Other comprehensive income after tax reached RMB 1,756,472.12, a 179.64% increase due to exchange rate fluctuations[18]. Cash Flow Activities - Net cash flow from investing activities improved by 64.05%, reaching RMB -918,074,318.53, primarily due to a decrease in financial investment net amount[19]. - Net cash flow from financing activities increased by 664.43% to RMB 813,464,260.93, mainly attributed to bond issuance[19]. - Prepayments increased by 59.39% to RMB 732,460,031.56, indicating a rise in prepayment business volume[19]. Investments and Subsidiaries - The company completed the second phase of its bond issuance with a scale of RMB 1 billion[20]. - A new wholly-owned subsidiary, Beijing Chengzhi Yonghua Display Technology Co., Ltd., was established with a registered capital of RMB 50 million[22]. - The company has established Hebei Chengzhi Yongchang Chemical Co., Ltd. with a registered capital of 20 million RMB, primarily producing water-based polymer products, and has received approval for trial production[26]. - The company is in the process of acquiring 100% equity of Celanese (Nanjing) Acetyl Intermediate Co., Ltd., with due diligence ongoing as of the reporting period[27]. - The company has transferred its Beijing branch of Chengzhi Life Science Technology Co., Ltd. into a wholly-owned subsidiary, renamed Beijing Chengzhi High-Tech Biotechnology Co., Ltd., with a registered capital of 20 million RMB[27]. Financial Management - The company has a total of 306 million RMB in entrusted financial management, with 190 million RMB from raised funds and 116 million RMB from self-owned funds[31]. - The company has received a total of 1.52486 million RMB in returns from entrusted financial products, with annualized rates of return of 3.90% and 4.10% for different products[32]. - The total amount of entrusted financial management reached 610,000, with a total value of 7,271.2 million[41]. Debt and Repayments - The company has repaid a total of 6.5281 million RMB out of 6.6736 million RMB owed to Jiayang Electronics Co., Ltd. as of the reporting period[25]. - The company has received approximately RMB 73.21 million in repayments from overdue payments as of the reporting period[21]. Compliance and Governance - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[28]. - The company has not reported any significant changes in expected net profit for the year compared to the previous year[29]. - The company has no securities investments during the reporting period[29]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[45]. - There were no violations regarding external guarantees during the reporting period[44]. - The company has not engaged in any research, communication, or interview activities during the reporting period[43]. Financial Products - The company has a financial product with a return rate of 3.89% and a total value of 85.33 million, which has been recovered[40]. - A financial product with a value of 50,000 reported a 0.00% return and remains unrecovered[40]. - The company has a financial product with a return rate of 2.00% and a total value of 1.64 million, which has been recovered[40]. - A financial product with a value of 10,000 had a return rate of 4.20% and has been recovered[40]. - The company reported a 4.90% return on a financial product with a total value of 242.99 million, which has been recovered[40]. - The company has no derivative investments during the reporting period[42].