CBMT(SH:603099)2022-03-29 16:00Financial Performance - The net profit attributable to shareholders for 2021 was -51,617,378.10 CNY, with distributable profits amounting to 331,512,311.97 CNY, indicating no cash dividend distribution for the year[4]. - The company's operating revenue for 2021 was ¥192,538,900.15, representing a 30.45% increase compared to ¥147,596,718.85 in 2020[22]. - The net profit attributable to shareholders was -¥51,617,378.10 in 2021, a slight improvement of 7.47% from -¥55,785,352.56 in 2020[22]. - The net cash flow from operating activities was -¥5,836,247.92, reflecting a decrease of 31.92% compared to -¥8,572,988.38 in 2020[22]. - The total assets at the end of 2021 were ¥1,107,026,221.38, down 8.37% from ¥1,208,171,080.30 at the end of 2020[22]. - The basic earnings per share for 2021 was -¥0.19, a 9.52% improvement from -¥0.21 in 2020[22]. - The weighted average return on equity was -5.21% in 2021, showing a slight increase of 0.11 percentage points from -5.32% in 2020[22]. - The company reported non-recurring gains of ¥10,443,440.19 in 2021, compared to ¥5,108,723.58 in 2020[26]. - The operating cost increased to 208.52 million yuan, up 18.97% from 175.28 million yuan in the previous year[43]. - The company’s cash flow from operating activities was -5.84 million yuan, an improvement of 31.92% from -8.57 million yuan year-on-year[43]. - The company reported a total of 192.32 million yuan in performance metrics for the executives as of June 2022[79]. Operational Highlights - The company achieved a recovery in operational performance, reaching 90% of 2019's performance levels[34]. - The company managed to receive over 280,000 visitors at newly managed scenic spots, enhancing regional industry integration and competitiveness[36]. - The hotel, rated 4.93, ranked first among similar hotels in the region, indicating strong customer satisfaction and service quality[36]. - The company launched over 10 new tourism products, including "Heavenly Lake Wedding" and "Volcano Sunrise," to adapt to new market trends[36]. - The company established a standardized management system for transportation, ensuring zero safety incidents and major tourist complaints throughout the year[34]. - The company expanded its transportation services, launching 12 new tourist routes to enhance connectivity within the 2-hour tourism economic circle[34]. - The company collaborated with over 50 hotels and travel agencies to strengthen market product cooperation and enhance tourism offerings[36]. Risk Management and Governance - The company has disclosed potential risks in its future development discussions, urging investors to pay attention to investment risks[4]. - The company is focused on continuous improvement in governance and quality management, receiving recognition as a "Demonstration Unit for Consumer Confidence" in the tourism industry[34]. - The company emphasizes the importance of corporate governance, establishing a clear structure with a shareholders' meeting, board of directors, supervisory board, and senior management to ensure effective operations[71]. - The company is committed to enhancing its internal control and risk management systems to safeguard investor interests[71]. - The company has implemented measures to maintain the independence of its assets, personnel, and operations, ensuring compliance with relevant regulations[73]. - The company has established a robust investor relations management framework to ensure transparent communication with stakeholders[71]. Future Outlook and Strategic Initiatives - The company plans to achieve a revenue of 360 million yuan and a net profit of 4.1417 million yuan in 2022[66]. - The company aims to enhance its internal transportation system to support over 10,000 daily visitors during peak periods by integrating with the national high-speed rail network[66]. - The company is focused on expanding its ice and snow tourism offerings, including diverse activities such as skiing, snow culture experiences, and winter hunting[66]. - The company is actively pursuing new technology research and development to enhance operational efficiency and customer experience[81]. - There is an ongoing strategy for mergers and acquisitions to strengthen market position and diversify offerings[81]. - The company aims to improve its financial performance by optimizing operational costs and increasing revenue streams through enhanced service offerings[81]. Social Responsibility and Community Engagement - The company actively fulfilled its social responsibilities by promoting the integration and upgrading of the cultural tourism industry, focusing on ecological protection and sustainable development[112]. - The company has successfully helped all 14 impoverished households in its designated support village achieve poverty alleviation without signs of returning to poverty[115]. - The company reported zero COVID-19 infections among its employees during the pandemic, with significant participation in local pandemic control efforts[115]. Shareholder Commitments and Transparency - The company is committed to cash dividends and actively returns profits to investors, ensuring timely and accurate information disclosure to all shareholders[115]. - The company will compensate investors for losses incurred due to false records or misleading statements in the prospectus, initiating compensation procedures within five trading days after such determination[153]. - The company has pledged to adhere to market principles in all related party transactions and sign agreements to protect shareholder interests[127]. - The company will ensure that related party transactions do not harm the legitimate interests of shareholders[128]. - The company will disclose specific reasons for any failure to fulfill commitments and apologize to investors, actively accepting social supervision[165].