CBMT(SH:603099)2021-08-19 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥48,851,598.21, representing a 98.34% increase compared to ¥24,630,476.20 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was -¥68,754,434.28, a decrease of 19.04% from -¥57,758,538.59 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥69,944,801.23, reflecting a 17.01% increase in losses compared to -¥59,774,792.20 last year[18]. - The net cash flow from operating activities was -¥41,210,787.17, showing a 5.04% improvement from -¥43,399,643.79 in the previous year[18]. - The company's operating revenue for the first half of 2021 was CNY 48.85 million, an increase of 98.34% compared to CNY 24.63 million in the same period last year[32]. - The net profit for the period was a loss of CNY 68.75 million, worsening by 19.04% from a loss of CNY 57.76 million in the previous year[32]. - The company reported a net profit of ¥369,629,965.93 for the first half of 2021, down from ¥423,943,611.99 in the same period of 2020, a decrease of approximately 12.8%[168]. - The total comprehensive income for the first half of 2021 was a loss of CNY 68,754,434.28, compared to a loss of CNY 57,758,538.59 in the same period of 2020[173]. Assets and Liabilities - Total assets decreased by 9.00% to ¥1,099,480,476.81 compared to the previous year[20]. - The net assets attributable to shareholders decreased by 6.71% to ¥948,787,334.38 compared to the previous year[20]. - Total assets at the end of the reporting period amounted to CNY 1.10 billion, a decrease of 9.00% from CNY 1.21 billion at the beginning of the year[32]. - The company's total liabilities decreased to ¥138,487,903.16 from ¥177,525,929.65, a reduction of approximately 22%[168]. - The total assets of the company as of June 30, 2021, were ¥1,142,529,947.68, down from ¥1,235,370,844.46 at the end of 2020, indicating a decline of about 7.5%[168]. - The company's long-term borrowings were RMB 74,297,866.88, down from RMB 80,437,244.45, indicating a decrease of approximately 7.1%[159]. Cash Flow - The cash inflow from operating activities for the first half of 2021 was CNY 52,485,606.81, compared to CNY 35,022,408.42 in the same period of 2020, representing a year-over-year increase of approximately 50%[183]. - The cash inflow from sales of goods and services was CNY 50,376,192.99, significantly higher than CNY 24,453,703.98 in the first half of 2020, marking an increase of approximately 105%[183]. - The total cash inflow from investment activities was CNY 1,002,000.00, a significant decrease from CNY 49,428,016.43 in the previous year[185]. - The ending cash and cash equivalents balance as of the end of the first half of 2021 was CNY 78,836,859.83, down from CNY 156,606,550.04 at the end of the first half of 2020[185]. Operational Highlights - The company holds exclusive operating rights for tourist transportation in three scenic areas of Changbai Mountain, enhancing its competitive advantage in the tourism sector[27]. - The company is actively expanding its online travel agency capabilities, integrating technology with traditional travel services[27]. - The tourism industry in China is recovering steadily, with increasing consumer confidence and favorable policies supporting growth[27]. - The company operates five wholly-owned subsidiaries, all of which experienced declines in performance due to the COVID-19 pandemic[39]. Shareholder Information - The total number of ordinary shareholders reached 16,116 by the end of the reporting period[144]. - Jilin Changbai Mountain Development and Construction Group Co., Ltd. holds 59.45% of the shares, totaling 158,533,060 shares[144]. - The company has pledged 79,266,530 shares held by Jilin Changbai Mountain Development and Construction Group Co., Ltd.[144]. Commitments and Compliance - The company has made a long-term commitment to ensure compliance with legal requirements and to protect shareholder interests[86]. - The company will take measures to ensure timely and adequate disclosure of any failure to fulfill commitments, including an apology to investors and acceptance of social supervision[100]. - The company will not engage in public refinancing if it fails to fulfill its commitments[102]. - The company’s board members and senior management have committed to strict adherence to their promises, with penalties for any violations that result in losses to investors[106].