*ST全新(000007) - 2018 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2018 was ¥42,443,842.10, representing a 7.06% increase compared to ¥39,644,011.95 in 2017[20]. - The net profit attributable to shareholders for 2018 was -¥196,212,068.92, a significant decrease of 1,292.51% from ¥16,453,651.05 in 2017[20]. - The net cash flow from operating activities was -¥6,874,171.30, a decline of 403.23% compared to ¥2,266,984.58 in 2017[20]. - The basic earnings per share for 2018 was -¥0.57, down 1,240.00% from ¥0.05 in 2017[20]. - Total assets at the end of 2018 were ¥385,709,995.47, a decrease of 12.87% from ¥442,675,592.96 at the end of 2017[20]. - The net assets attributable to shareholders decreased by 50.71% to ¥190,712,228.15 at the end of 2018 from ¥386,924,297.07 at the end of 2017[20]. - The company reported a weighted average return on equity of -67.94% for 2018, down 72.28% from 4.34% in 2017[20]. - The total operating revenue for the reporting period was RMB 42,443,842.10, representing a 7.06% increase compared to RMB 39,644,011.95 in the previous period[36]. - Operating costs increased by 5.61%, amounting to RMB 12,998,860.14, up from RMB 12,308,120.05[36]. - The company reported a significant non-operating loss of RMB -171,608,655.65, compared to a profit of RMB 19,445,743.98 in the previous year[27]. Strategic Transformation and Acquisitions - The company is actively pursuing a major asset restructuring involving the acquisition of Hong Kong and Macau Information, which was ultimately terminated due to market changes and regulatory adjustments[5]. - The company plans to restart acquisitions of quality assets that align with national industrial policies as the securities market recovers[5]. - The company’s strategic transformation and upgrades are ongoing, with a focus on aligning with favorable future development prospects[5]. - The company aims to enhance its investment service platform through diversification, including financial consulting and venture capital[41]. - The company completed the acquisition of a 66.67% stake in Mingya Insurance Brokerage, which has shown rapid growth in performance[41]. - The company plans to accelerate the acquisition of quality assets and major asset restructuring to support its strategic transformation[42]. - The company is actively exploring new business and profit growth points through its wholly-owned subsidiary, focusing on the financial services sector[30]. - The company is committed to addressing historical issues and improving its operational efficiency in the evolving market landscape[5]. Risk Management and Compliance - The company emphasizes the importance of risk management, including market, management, technology, and compliance risks during its industrial transformation and mergers[6]. - The company aims to enhance its internal control system and strengthen risk management to ensure stable and rapid development of new businesses[6]. - The company has implemented internal control management systems to ensure orderly business operations and improve financial oversight[37]. - The company has undertaken measures to ensure compliance with legal and regulatory requirements regarding information disclosure and related party transactions[86]. - The company is actively cooperating with the regulatory investigation and will strictly adhere to information disclosure obligations as per the Shenzhen Stock Exchange rules[117]. Shareholder and Dividend Policies - The company did not distribute cash dividends, issue bonus shares, or increase share capital from reserves[7]. - The company has not utilized any fundraising during the reporting period, reflecting a focus on internal resource management[67]. - The company has not proposed any cash dividend distribution plan despite having positive profits available for ordinary shareholders[78]. - The company’s cash dividend total (including other methods) was 0.00% of the net profit attributable to ordinary shareholders in 2018[78]. - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[80]. Legal and Regulatory Matters - The company received an investigation notice from the China Securities Regulatory Commission on January 23, 2019, due to suspected violations of securities laws, and the investigation is still ongoing[111]. - The company has engaged in multiple litigation and arbitration cases, including four cases involving Wu Haimeng and Xie Chuan[103]. - The company has not disclosed any non-operating fund occupation by controlling shareholders and their related parties during the reporting period[106]. - The company is currently under investigation by the China Securities Regulatory Commission, with no conclusive opinions received yet[168]. - The company has faced 51 legal disputes involving approximately RMB 2.49 million[168]. Employee and Management Structure - The total number of employees in the company is 84, with 107 employees receiving compensation during the reporting period[200]. - The professional composition includes 9 sales personnel, 16 technical personnel, 12 financial personnel, and 47 administrative personnel[200]. - The educational background of employees shows 6 with postgraduate degrees, 18 with bachelor's degrees, 21 with associate degrees, and 39 with high school or lower education[200]. - The total pre-tax compensation for the board and senior management is 368.94 million[198]. - The current chairman, Yuan Jian, has a pre-tax compensation of 65 million[198]. Future Outlook and Growth Projections - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.65 billion RMB[92]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on innovative technology solutions[93]. - The company is expanding its market presence, targeting a 25% increase in market share within the next two years[94]. - Investment in research and development has increased by 40%, aiming to drive future innovation and product development[92]. - The company has set a target to achieve a gross margin of 35% in the upcoming fiscal year, up from 32%[93].