勤上股份(002638) - 2017 Q4 - 年度财报(更正)

Financial Corrections and Acknowledgments - The company corrected the undisclosed amount of financial products purchased with self-owned funds at the end of 2017, which was 168.4 million yuan, and the amount purchased with raised funds was 645 million yuan, totaling 813.4 million yuan[1]. - The company acknowledged a clerical error in the 2017 annual report, where the undisclosed balance of financial products was incorrectly stated as 46 million yuan[1]. - The company received an administrative regulatory decision from the Guangdong Securities Regulatory Commission requiring corrections to previously disclosed information[3]. - The company expresses deep apologies for the errors in the announcement and the inconvenience caused to investors[23]. - The company will strengthen the management and review of information disclosure to avoid similar issues in the future[23]. Project Investments and Delays - The company decided to terminate the "LED Lighting R&D Design Center Project" and will permanently supplement the remaining raised funds and interest income into working capital[4]. - The company has delayed investment in the key city new outlet construction project to protect shareholder interests due to unclear regional policy differences[7]. - The company has not yet invested in the small class tutoring project due to the presence of leading training institutions and the impact of national policies on student workload reduction[7]. - The company has not yet invested in the small class tutoring project due to market competition and policy changes, but plans to monitor market conditions for future implementation[21]. - The online education platform and O2O project have not utilized raised funds yet, but the company has made some preliminary investments using self-owned funds and achieved positive progress[8]. - The online education platform and O2O project have not yet utilized raised funds, but the company has made preliminary investments using its own funds[22]. - The company is cautious about investing in the teaching research and training system project until the online education platform gains scale[22]. - The company will invest in the integration of the "online education platform and O2O project" to achieve a better return on investment[23]. Guarantees and Financial Health - The company has disclosed all guarantee matters related to its controlling subsidiaries without omissions during the reporting period[2]. - The total guarantee amount approved during the reporting period is 4,000 million[11]. - The actual guarantee amount that occurred during the reporting period is also 4,000 million[11]. - The total actual guarantee amount at the end of the reporting period is 4,000 million, which accounts for 0.77% of the company's net assets[11]. - The company has no foreseeable risks of default or overdue payments from the guaranteed parties, indicating their financial stability[11]. - The guarantees provided by the company to its subsidiaries include amounts of 3,000 million and 2,000 million for different projects[12]. - The company has a series of joint liability guarantees with various subsidiaries, with amounts ranging from 1,000 million to 2,000 million[12]. - The guarantees are primarily for a duration of one year, reflecting short-term financial support strategies[12]. - The company has not identified any situations where it may need to assume joint repayment responsibilities[11]. - The guarantees are structured to ensure that the company maintains a low risk profile in its financial commitments[11]. - The company continues to monitor the financial health of its subsidiaries to mitigate potential risks associated with guarantees[11]. - The total amount of guarantees approved during the reporting period was 7,000,000, while the actual guarantees amounted to 5,500,000[13]. - The total approved guarantee amount at the end of the reporting period was 14,000,000, with an actual guarantee balance of 5,480,000[13]. - The actual total guarantee amount accounted for 1.06% of the company's net assets[13]. - The company has entrusted financial management with a total amount of 289,100,000, with an overdue balance of 4,600,000[14]. - The company has invested 124,840,000 from its own funds and 161,500,000 from raised funds in bank financial products, with no overdue amounts[19].