SHTD(SH:600647)2023-08-18 16:00Financial Performance - The company's operating revenue for the first half of 2023 was ¥737,840.03, a decrease of 95.63% compared to ¥16,898,019.04 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2023 was -¥3,317,091.74, representing a decline of 157.92% from ¥5,727,376.14 in the previous year[20]. - The basic earnings per share for the first half of 2023 was -¥0.0238, down 157.77% from ¥0.0412 in the same period last year[20]. - The total profit for the period was -CNY 3.78 million, with a net profit of -CNY 3.32 million attributable to the parent company[24]. - The company reported a negative net profit for the first half of 2023, with operating revenue below 100 million yuan, indicating uncertainty in its ability to continue operations[36]. - If the audited net profit for the full year 2023 remains negative and revenue stays below 100 million yuan, the company will face direct delisting due to financial indicators[36]. - The total comprehensive income for the first half of 2023 was CNY -3,783,619.05, compared to CNY 15,066,439.18 in the same period of 2022[69]. Cash Flow and Assets - The net cash flow from operating activities was -¥7,555,854.25, compared to -¥152,078,070.37 in the previous year[20]. - The total assets at the end of the reporting period were ¥342,987,001.70, a decrease of 2.41% from ¥351,445,100.84 at the end of the previous year[20]. - Current assets totaled RMB 313,559,637.36, down from RMB 321,268,528.18, indicating a decrease of about 2.4%[56]. - Cash and cash equivalents were reported at RMB 256,162,973.33, compared to RMB 263,750,004.58 at the end of 2022, showing a reduction of approximately 2.9%[56]. - The company reported a significant reduction in cash outflows related to operating activities, which decreased by approximately 92% year-over-year[75]. Management and Strategy - The company is actively seeking target assets to establish its main business through cash acquisitions due to the absence of a primary business[23][25]. - The company plans to focus on the rental of operational properties as its main source of revenue moving forward[30]. - The company plans to actively seek new business opportunities through cash acquisitions to establish sustainable core operations[36]. - The company’s management indicated a cautious outlook for the remainder of the year, emphasizing the need for strategic adjustments in response to market conditions[76]. Shareholder and Equity Information - The total equity attributable to the parent company at the end of June 2023 was 295,186,340.11 RMB, compared to 333,361,320.84 RMB at the end of the previous year[78]. - The company holds a total of 56,606,455 shares, representing 40.68% of the total shares held by the top ten shareholders[51]. - The top ten shareholders include state-owned entities and individual investors, with the largest shareholder being Xinda Investment Co., Ltd.[51]. - There were no changes reported in the controlling shareholder or actual controller during the reporting period[52]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the going concern principle, in accordance with the relevant accounting standards[90]. - The company has not made any changes to significant accounting policies or estimates for the year 2023[185]. - The company’s financial reports reflect a true and complete view of its financial position and operating results[94]. - The company recognizes expected liabilities based on contract terms and historical experience related to product quality guarantees and contract losses[182]. Risk and Compliance - The report includes a risk statement regarding future operational plans and development strategies, emphasizing the importance of investor caution[7]. - The company has not disclosed any new product launches or market expansion strategies in the current report[63]. - The company has not reported any tax incentives applicable for the current period[186].