XZPT(SZ:002207)2018-10-23 16:00Financial Performance - Operating revenue for the reporting period was CNY 79,642,701.87, an increase of 34.37% year-on-year [8]. - Net profit attributable to shareholders was a loss of CNY 5,984,814.69, a decrease of 602.99% compared to the same period last year [8]. - Basic earnings per share were CNY -0.025, a decrease of 600.00% year-on-year [8]. - The weighted average return on net assets was -1.71%, a decrease of 2.03% compared to the previous year [8]. - The net profit attributable to shareholders decreased by 138.70% to -¥17,282,581.83, with no equity sale gains and increased losses from an associate company [16]. - Basic earnings per share fell by 138.05% to -0.0723, reflecting a significant reduction in net profit [16]. - The company expects a net loss for the year 2018, with an estimated range of -14,000 to -7,000 thousand yuan [22]. - The net profit attributable to shareholders for 2017 was 989.16 thousand yuan [23]. Cash Flow and Assets - The net cash flow from operating activities was a negative CNY 5,420,856.95, an increase of 45.98% in loss compared to the previous year [8]. - The company's cash and cash equivalents decreased by 85.31% to ¥20,094,421.77 due to reduced bank loans and payments to suppliers [16]. - Cash flow from operating activities improved by 27.48% to -¥54,909,800.98 due to increased business collections [16]. - Investment activities generated a net cash flow of -¥16,325,651.55, a 146.80% increase in cash outflow due to prepayments for equipment [16]. - Prepayments increased by 680.10% to ¥25,133,632.89 as the company made advance payments for equipment purchases [16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 27,731, with the top 10 shareholders holding 23.30% of the shares [11]. - The largest shareholder, Huzhou Yanrun Investment Management Partnership, held 55,738,278 shares [11]. - The company did not engage in any repurchase transactions during the reporting period [13]. Expenses and Liabilities - The company reported a 36.15% increase in financial expenses to ¥24,894,939.27, primarily due to increased exchange losses [16]. - Management expenses decreased by 35.83% to ¥16,457,149.43 due to streamlining management and controlling non-production expenditures [16]. - Short-term borrowings decreased by 72.54% to ¥18,000,000.00 as the company repaid bank loans during the reporting period [16]. Legal and Regulatory Matters - The company faced legal disputes resulting in the freezing of bank accounts totaling approximately 1.1 million yuan [20]. - The company received approval to lift the delisting risk warning on its stock as of September 11, 2018 [20]. - No non-operating fund occupation by controlling shareholders or related parties during the reporting period [25]. - No entrusted financial management activities during the reporting period [26]. - No violations of external guarantees during the reporting period [24]. - No research, communication, or interview activities conducted during the reporting period [27]. Future Outlook and Strategic Decisions - The company anticipates increased foreign exchange losses and investment losses due to the appreciation of the US dollar [23]. - There have been no gains from equity transfers, property sales, or government subsidies compared to the same period last year [23]. - Despite improvements in the main business operations, revenue and gross profit have increased year-on-year [23]. - The company reversed a provision of 26.03 million yuan that was accrued in 2017, contributing to the current year's financial outlook [23]. - The company terminated certain fundraising investment projects and will permanently supplement working capital with 36.3467 million yuan of remaining funds [20]. - The company has extended a merger loan of 19.25 million USD for an additional 1 year and 6 months [20].