东方时尚驾驶学校股份有限公司2025 年第一季度报告 证券代码：603377 证券简称：ST 东时 转债代码：113575 转债简称：东时转债 东方时尚驾驶学校股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 单位:元币种:人民币 | 非经常性损益项目 | 本期金额 | 说明 | | --- | --- | --- | | 非流动性资产处置损益，包括已计提资产减值 | -47,816.92 | | | 准备的冲销部分 | | | | 计入当期损益的政府补助，但与公司正常经营 | 4,048,742.29 | | | 业务密切相关、符合国家政策规定、按照确定 | | ...

Financial Performance - The company's operating revenue for 2024 was CNY 701,220,304.30, representing a 7.80% increase compared to CNY 650,500,898.51 in 2023[22]. - The net profit attributable to shareholders for 2024 was a loss of CNY 264,784,974.63, an improvement of 54.21% from a loss of CNY 578,248,311.62 in 2023[22]. - The net cash flow from operating activities was a negative CNY 322,749,254.72, which is a decline of 59.87% compared to a negative CNY 201,876,989.33 in 2023[22]. - The total assets decreased by 29.91% to CNY 1,505,116,858.24 in 2024 from CNY 2,147,286,514.39 in 2023[23]. - The net assets attributable to shareholders decreased by 18.30% to CNY 746,834,333.81 in 2024 from CNY 914,132,898.87 in 2023[23]. - The basic earnings per share for 2024 was CNY -0.4644, improving by 54.21% from CNY -1.0142 in 2023[24]. - The weighted average return on net assets increased by 15.51 percentage points to -32.20% in 2024 from -47.71% in 2023[24]. - The company reported a net profit attributable to shareholders of -264.79 million RMB, a reduction in losses by 54.75% year-on-year[44]. - The company’s operating costs decreased by 8.40% to 638.96 million RMB, primarily due to lower production costs[46]. - The company’s cash flow from operating activities was -322.75 million RMB, a decline of 59.87% year-on-year[47]. Revenue and Sales - The revenue from core business activities increased by 18.39% to CNY 689,329,626.80 in 2024 from CNY 582,260,224.44 in 2023[22]. - Total revenue for the first quarter was approximately CNY 179.93 million, with a decline to CNY 150.27 million in the fourth quarter, representing a decrease of about 16.6%[26]. - Net profit attributable to shareholders was CNY 7.09 million in the first quarter, but turned negative in the third and fourth quarters, reaching CNY -250.36 million in Q4[26]. - The net profit after deducting non-recurring gains and losses showed a significant decline, from CNY 6.25 million in Q1 to CNY -199.82 million in Q4[26]. - The company achieved operating revenue of 701.22 million RMB, an increase of 7.80% compared to the same period last year[44]. - The company achieved a revenue of CNY 654.59 million from dye products, with a gross margin of 9.5%, representing a year-on-year revenue increase of 25.92%[96]. - The company reported a revenue of CNY 606.17 million from domestic sales, reflecting a year-on-year increase of 15.15%[98]. Operational Efficiency - The company implemented refined management practices, resulting in a positive gross profit margin after previously being negative, indicating improved operational efficiency[33]. - Sales performance showed steady growth, contributing to the company's goal of reducing losses despite a challenging market environment[34]. - The company optimized its asset structure by selling idle subsidiaries, which helped reduce management costs and improve operational efficiency[34]. - Internal management was enhanced, focusing on risk prevention and financial management to ensure stable operations and lower financing costs[34]. - The company maintained a strong safety and environmental protection stance, with no major accidents reported during the year[35]. Market and Industry Trends - The dye industry in China saw a total output value of 59.46 billion yuan in 2024, a year-on-year decrease of 2.9%, while total profit increased by 3.5% to 5.06 billion yuan[37]. - The total production of dyes in China reached 940,000 tons in 2024, representing a year-on-year growth of 6.4%[37]. - The pesticide industry faced challenges with a price index of 73.07 points, down 9.78% year-on-year, with 65% of products experiencing price declines[38]. - The company operates a vertically integrated supply chain from raw materials to intermediates and final products, enhancing production control and cost efficiency[41]. - The company aims to enhance its market expansion and product innovation to adapt to changing consumer demands and improve profitability[37]. Environmental and Safety Compliance - The company invested approximately 10,070.46 million yuan in environmental protection during the reporting period[161]. - The company has four key pollutant discharge units, with a total of 89 exhaust emission outlets[162]. - The average emission concentration for sulfur dioxide was 0-2.12 mg/m³, with a total discharge of 0.66 tons during the reporting period[163]. - The average emission concentration for nitrogen oxides was 0-44.25 mg/m³, with a total discharge of 13.47 tons during the reporting period[163]. - The average emission concentration for particulate matter was 0-3.24 mg/m³, with a total discharge of 6.77 tons during the reporting period[163]. - The company has implemented a self-monitoring plan in compliance with national regulations, with monitoring results publicly available on the local environmental monitoring platform[169]. Corporate Governance and Management - The company has strengthened investor relations management, enhancing communication channels to promote understanding of its strengths and characteristics[122]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting through legal media and the Shanghai Stock Exchange website[123]. - The company has implemented measures to maintain independence from its controlling shareholders and actual controllers, ensuring no significant conflicts of interest[124]. - The company is committed to protecting the legal rights of investors, particularly minority shareholders, through transparent communication and compliance with regulations[123]. - The company has established a clear cash dividend policy, which includes the principles and conditions for profit distribution, ensuring the protection of minority shareholders' rights[156]. Future Outlook and Strategic Initiatives - The company aims to strengthen its core business and improve talent support for future development amidst a challenging economic landscape[34]. - The company plans to enhance its digital transformation and upgrade key equipment with government financial support[75]. - The company plans to enhance its internal control system to improve governance efficiency and compliance culture, focusing on risk management and operational control[113]. - The company will increase R&D investment and establish a product R&D center to optimize existing products and develop new technologies to enhance core competitiveness[114]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million yuan earmarked for potential deals[130].

Financial Performance - The company's operating revenue for 2024 was ¥91,640,810.68, a decrease of 42.46% compared to ¥159,264,303.06 in 2023[24]. - The net profit attributable to shareholders for 2024 was -¥813,312,289.04, compared to -¥182,584,618.42 in 2023[24]. - The basic earnings per share for 2024 is -2.02 CNY, compared to -0.53 CNY in 2023, indicating a significant decline[26]. - Non-recurring losses for 2024 amount to -449,004,752.70 CNY, significantly impacting the overall financial performance[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥364,307,536.34, reflecting ongoing operational difficulties[42]. - The company reported a total profit of -81,743.30 million RMB for the fiscal year 2024, with a net profit attributable to the parent company of -81,331.23 million RMB[161]. - The company is facing a delisting risk as it did not meet the requirement of having an operating revenue of at least 300 million RMB[161]. Cash Flow and Assets - The net cash flow from operating activities for 2024 was -¥30,361,601.30, an improvement from -¥54,204,145.03 in 2023[24]. - The total assets decreased by 49.23% to ¥1,172,638,793.18 in 2024 from ¥2,309,609,690.21 in 2023[25]. - The cash flow from operating activities for the fourth quarter of 2024 is -26,117,072.43 CNY, indicating ongoing cash flow challenges[27]. - Net cash flow from investing activities decreased by 571.14% to -¥171,031,991.50, primarily due to the purchase of time deposits[43]. - Net cash flow from financing activities increased by 7040.18% to ¥496,301,854.50, mainly due to the receipt of reorganization investment funds[43]. Business Strategy and Operations - The company plans to optimize its business direction and model, focusing on high-quality municipal engineering projects and reducing the scale of general business[32]. - The company aims to strengthen project risk control and improve cash flow management to ensure timely project repayments[33]. - The company is focusing on expanding its business in key regions such as Jiangsu, Zhejiang, and Shanghai, while reducing operations in less profitable areas[32]. - The company is actively engaged in ecological landscape planning, environmental construction, and cultural tourism operations, indicating a diversified business strategy[35]. - The company is exploring new business directions, including entering the new energy vehicle sector, to seek new profit growth points[41]. Corporate Governance and Management - The company’s management team has emphasized the importance of ensuring the accuracy and completeness of the annual report[3]. - The company is focusing on enhancing its governance structure and internal control management to improve operational efficiency and profitability[34]. - The company has established a comprehensive risk management procedure to strengthen internal controls and improve operational efficiency[77]. - The company has implemented measures to enhance corporate governance and address issues related to non-operating fund occupation[81]. - The company has appointed Yu Yajun as the chairman and Liu Jianzhe as the general manager effective January 6, 2025[89]. Shareholder and Equity Information - The company proposed not to distribute cash dividends or issue bonus shares for the 2024 fiscal year[6]. - The total share capital increased from 406,847,052 shares to 876,896,101 shares, with an increase of 470,049,049 shares during the reporting period[182]. - The largest shareholder, Suzhou Chen Shun Hao Jing Enterprise Management Partnership, holds 162,327,743 shares, representing 18.51% of the total shares[189]. - The company has a total of 15,621 ordinary shareholders as of the end of the reporting period[187]. - The company has no strategic investors or general corporations that have become top 10 shareholders through new share placements[193]. Regulatory Compliance and Legal Matters - The company has been under regulatory measures for non-compliance with disclosure requirements related to major transactions, highlighting potential governance risks[96]. - The company has undergone bankruptcy reorganization, with the court approving the reorganization plan and confirming its completion[163]. - The company has been involved in significant litigation matters, including disputes related to construction contracts and financial claims[164]. - The company’s former actual controller was penalized for insider trading, resulting in the confiscation of illegal gains of ¥8,790,243.56 and a fine of ¥26,370,730.68[167]. Future Outlook and Plans - The company plans to implement long-term measures to improve profitability and financial conditions, focusing on business transformation and resource integration[162]. - The company is committed to building a sustainable industrial ecosystem to support its transformation and high-quality development[162]. - The company aims to enhance its operational management and governance to mitigate risks and improve efficiency after restructuring[162].

Financial Performance - The company's operating revenue for Q1 2025 was ¥173,942,788.96, a decrease of 3.33% compared to ¥179,926,962.92 in the same period last year[3] - Net profit attributable to shareholders was ¥3,184,739.53, down 55.11% from ¥7,094,346.47 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥2,213,270.90, a decline of 64.58% compared to ¥6,248,978.83 in the previous year[3] - Basic and diluted earnings per share were both ¥0.0056, down 55.11% from ¥0.0124 in the same period last year[3] - Operating profit for Q1 2025 was CNY 4,515,587.09, a decline of 59.5% from CNY 11,117,826.98 in Q1 2024[16] - Total profit for Q1 2025 was CNY 3,815,379.89, down 65.9% from CNY 11,178,311.79 in Q1 2024[16] - The net profit for Q1 2025 was CNY 2,681,335.11, a decrease of 60% compared to CNY 6,684,709.65 in Q1 2024[17] - The basic and diluted earnings per share for Q1 2025 were CNY 0.0056, down from CNY 0.0124 in Q1 2024, reflecting a 55.65% decline[17] Cash Flow - The net cash flow from operating activities was negative at -¥21,474,291.88, representing a 21.08% increase in outflow compared to -¥17,735,560.17 last year[3] - Cash flow from operating activities for Q1 2025 was negative at CNY -21,474,291.88, compared to CNY -17,735,560.17 in Q1 2024[19] - Cash flow from investing activities in Q1 2025 was negative at CNY -5,717,702.76, significantly lower than CNY 288,380,063.66 in Q1 2024[20] - Cash flow from financing activities generated a net inflow of CNY 31,638,499.44 in Q1 2025, compared to a net outflow of CNY -246,860,724.81 in Q1 2024[20] - The company incurred total operating cash outflows of CNY 92,215,264.65 in Q1 2025, down from CNY 108,505,931.84 in Q1 2024[19] - The company’s cash flow from financing activities included CNY 133,538,941.49 from borrowings in Q1 2025, with no borrowings reported in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,535,397,967.53, an increase of 2.01% from ¥1,505,116,858.24 at the end of the previous year[4] - Total current assets increased to CNY 641,251,853.45 as of March 31, 2025, from CNY 593,404,992.93 as of December 31, 2024, representing an increase of 8.1%[11] - Total liabilities increased to CNY 843,704,082.26 as of March 31, 2025, compared to CNY 815,982,687.25 as of December 31, 2024, an increase of 3.5%[13] - Total equity as of March 31, 2025, was CNY 691,693,885.27, a slight increase from CNY 689,134,170.99 as of December 31, 2024[13] Government Support and Other Gains - The company received government subsidies amounting to ¥448,724.49, which are not related to normal business operations[5] - The company reported a debt restructuring gain of ¥1,094,059.49 during the period[6] Inventory and Receivables - Accounts receivable increased to CNY 96,883,416.88 as of March 31, 2025, compared to CNY 88,782,012.35 as of December 31, 2024, reflecting a growth of 9.4%[11] - Inventory rose to CNY 238,448,684.44 as of March 31, 2025, up 19.9% from CNY 198,552,970.07 as of December 31, 2024[11] - Cash and cash equivalents decreased to CNY 11,162,781.64 as of March 31, 2025, from CNY 31,476,553.20 as of December 31, 2024[11] - Total cash and cash equivalents at the end of Q1 2025 amounted to CNY 11,093,135.92, down from CNY 96,114,242.05 at the end of Q1 2024[20]

上海龙宇数据股份有限公司2025 年第一季度报告 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 证券代码：603003 证券简称：*ST 龙宇 上海龙宇数据股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及除张锋以外的董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。监事张锋因公司存在控股股 东相关关联方资金占用事项至今尚未解决，财务数据的真实性不能确定，故无法保证季度报告内容的真 实、准确和完整，请投资者特别关注。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真实、 准确、完整。 单位：元 币种：人民币 | 项目 | 本报告期 | 上年同期 | 本报告期比上年 同期增减变动幅 | | --- | --- | --- | --- | | | | | 度(%) | | 营业收入 | 121,432, ...

Financial Performance - Shanghai Phoenix reported a net profit attributable to shareholders of -13,909,370.00 RMB for 2024, a decrease of 407.09% compared to the previous year's profit of 4,529,380.00 RMB[7]. - The company's operating revenue for 2024 was 2,192,089.00 RMB, representing a 26.03% increase from 1,739,322.70 RMB in 2023[22]. - The net cash flow from operating activities was 212,428.60 RMB, a significant improvement from -14,521.30 RMB in 2023[22]. - The total assets of the company increased by 1.95% to 33,213,043.00 RMB at the end of 2024, compared to 32,578,586.00 RMB at the end of 2023[22]. - The company's net assets attributable to shareholders decreased by 5.78% to 2,033,833.00 RMB at the end of 2024, down from 2,158,646.60 RMB in 2023[22]. - Basic earnings per share for 2024 were -0.2699 RMB, a decline of 407.05% from 0.0879 RMB in 2023[23]. - The weighted average return on equity decreased to -6.6159% in 2024, down from 2.1220% in 2023, a reduction of 8.74 percentage points[23]. - The company plans not to distribute profits to shareholders for the 2024 fiscal year due to the reported losses[7]. Revenue and Sales - The company’s revenue from core business activities, after excluding non-core income, was 2,170,467.80 RMB, reflecting a 25.88% increase from 1,724,171.50 RMB in 2023[22]. - In Q1 2024, the company reported revenue of approximately ¥589.11 million, which increased to ¥621.16 million in Q2 and ¥622.45 million in Q3, but dropped to ¥359.38 million in Q4[26]. - The net profit attributable to shareholders was ¥28.42 million in Q1, decreased to ¥12.19 million in Q2, further declined to ¥9.56 million in Q3, and turned negative at -¥189.26 million in Q4[26]. - The company reported a total of non-recurring gains and losses amounting to -¥75.57 million for 2024, compared to ¥15.08 million in 2023[27]. Operational Efficiency and Strategy - The company focused on enhancing its governance structure and compliance operations to improve overall operational efficiency and market image[32]. - The company accelerated the integration of its bicycle segment, focusing on R&D for lithium-powered bicycles and high-end children's bikes, while optimizing production operations across different bases[33]. - The company is expanding its brand matrix with a focus on high-end, national, and international branding strategies to enhance market penetration[35]. - The company is leveraging digital marketing through platforms like Douyin and Xiaohongshu to increase brand awareness and expand its online sales channels[35]. - The company is actively pursuing international market expansion, particularly in Europe, the US, and Japan, while also deepening its presence in Southeast Asia[35]. - The company aims to upgrade its products and capture technological advancements in the bicycle industry[36]. Research and Development - The company has increased its R&D expenses by 21.54% year-on-year, totaling approximately CNY 22.65 million, to enhance product innovation[44]. - The company reported a total of 209 R&D personnel, representing 13.17% of the total workforce, with a focus on enhancing innovation capabilities[53]. - The company aims to increase R&D investment, focusing on smart sensing and energy management systems to enhance safety, comfort, and battery life for electric bicycles[89]. Market Trends and Consumer Demand - The cumulative export value of bicycles from China reached USD 2.695 billion in 2024, with a year-on-year growth of 3.7%[39]. - The cumulative export quantity was approximately 48.34 million units, reflecting a year-on-year increase of 20.4%[39]. - The domestic demand for mid-to-high-end bicycles has surged, leading to a phenomenon of "one bike hard to find" in the market[40]. - The high-end bicycle segment, particularly road bikes, is seeing robust demand, indicating a trend towards diversified consumer preferences[80]. Governance and Compliance - The company is committed to enhancing its governance efficiency by restructuring its board and integrating strategic, risk, and compensation mechanisms[85]. - The company will implement a three-tier risk prevention mechanism to address market, exchange rate, and goodwill risks, including establishing a professional foreign exchange analysis team[93]. - The company will strengthen compliance training and supervision for domestic and overseas subsidiaries to ensure business activities comply with legal and regulatory requirements[86]. - The company has established a decision-making system for related party transactions, ensuring fairness and timely disclosure[97]. Shareholder and Investment Information - The top shareholder, Shanghai Jinshan District State-owned Assets Supervision and Administration Commission, holds 117,377,339 shares, representing 22.78% of the total shares[183]. - Jiangsu Meile Investment Co., Ltd. holds 64,743,722 shares, accounting for 12.56% of the total shares, with 64,743,722 shares pledged[183]. - The company has a total of 59,075 ordinary shareholders as of the end of the reporting period, an increase from 55,971 in the previous month[181]. Environmental and Social Responsibility - The company invested 746.21 million RMB in environmental protection during the reporting period[134]. - The company has two subsidiaries classified as key pollutant discharge units, with specific emissions reported for various pollutants[135]. - The total donation amount for social responsibility efforts reached 1.1971 million yuan, with 1.04 million yuan in cash donations[145]. - The company participated in poverty alleviation projects with a total investment of 700,000 yuan, focusing on agricultural and environmental improvements in Yunnan Province[146]. Legal and Regulatory Matters - The company faced regulatory penalties due to accounting errors related to goodwill impairment testing, leading to adjustments in financial statements from 2018 to 2022[110]. - The company received a warning and a fine of 2 million yuan from the Shanghai Securities Regulatory Bureau for suspected information disclosure violations[110]. - The company is involved in a significant lawsuit related to securities false statements, with a claimed amount of RMB 519.83 million, and is awaiting court judgment[163].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 29,549,453,417.08, representing a year-on-year increase of 1.77% compared to CNY 29,035,578,409.61 in the same period last year[4] - The net profit attributable to shareholders decreased by 1.01% to CNY 551,369,787.49 from CNY 557,004,358.29 year-on-year[4] - The basic earnings per share remained stable at CNY 0.18, while diluted earnings per share decreased by 5.88% to CNY 0.16[4] - Total operating revenue for Q1 2025 was approximately ¥29.55 billion, a 1.77% increase from ¥29.04 billion in Q1 2024[17] - Net profit for Q1 2025 reached approximately ¥755.81 million, a slight increase from ¥745.89 million in Q1 2024[18] - The company achieved a total profit of approximately ¥926.45 million in Q1 2025, compared to ¥910.47 million in Q1 2024[18] Assets and Liabilities - Total assets increased by 6.48% to CNY 240,517,219,317.41 from CNY 225,885,637,644.92 at the end of the previous year[5] - As of March 31, 2025, the total assets of China Nuclear Engineering Corporation amounted to RMB 240.52 billion, an increase from RMB 225.89 billion as of December 31, 2024, representing a growth of approximately 6.0%[12] - The company's current assets reached RMB 170.13 billion, up from RMB 154.52 billion, indicating a growth of about 10.1%[12] - The total liabilities increased to RMB 198.02 billion from RMB 184.30 billion, reflecting a rise of approximately 7.4%[13] - The total equity attributable to shareholders reached RMB 31.15 billion, up from RMB 30.49 billion, indicating an increase of about 2.2%[14] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 10,194,553,072.73, an improvement from the previous year's outflow of CNY 10,570,887,318.06[4] - Cash flow from operating activities for Q1 2025 was negative at approximately -¥10.19 billion, an improvement from -¥10.57 billion in Q1 2024[20] - Cash and cash equivalents stood at RMB 16.67 billion, compared to RMB 13.21 billion, marking an increase of around 26.5%[12] - Cash and cash equivalents at the end of Q1 2025 totaled approximately ¥14.78 billion, up from ¥13.01 billion at the end of Q1 2024[21] - Investment activities generated a net cash inflow of approximately ¥93.42 million in Q1 2025, compared to a net outflow of approximately -¥427.04 million in Q1 2024[20] Expenses - The company recorded a 54.74% increase in selling expenses, primarily due to increased warehousing and port expenses[6] - Research and development expenses for Q1 2025 were approximately ¥487.27 million, an increase of 11.22% compared to ¥438.14 million in Q1 2024[17] - The company’s financial expenses for Q1 2025 were approximately ¥614.10 million, slightly down from ¥615.57 million in Q1 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,894[8] - The largest shareholder, China National Nuclear Corporation, holds 56.80% of the shares, totaling 1,710,508,888 shares[9] Other Financial Metrics - The company's inventory rose to RMB 12.38 billion from RMB 11.35 billion, which is an increase of about 9.1%[12] - The company's accounts receivable amounted to RMB 43.20 billion, slightly up from RMB 43.01 billion, reflecting a growth of approximately 0.5%[12] - The contract assets increased significantly to RMB 82.24 billion from RMB 72.39 billion, representing a growth of about 13.6%[12] - The long-term borrowings increased to RMB 41.06 billion from RMB 36.88 billion, showing a growth of approximately 11.9%[13] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[11]

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,068,269,308.28, representing a 204.86% increase compared to CNY 350,412,650.24 in the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 61,810,920.22, an improvement from a loss of CNY 80,934,255.09 year-over-year[5]. - The basic and diluted earnings per share were both negative CNY 0.0715, compared to negative CNY 0.0937 in the same period last year[6]. - The net profit for the first quarter of 2025 was -33,811,892.59 RMB, compared to -78,933,203.12 RMB in the same period of 2024, indicating an improvement[19]. - The total comprehensive income attributable to the parent company was -61,810,920.22 RMB for Q1 2025, compared to -80,934,255.09 RMB in Q1 2024[20]. Cash Flow - The net cash flow from operating activities was negative CNY 12,718,985.41, a decrease of 106.72% compared to a positive cash flow of CNY 189,329,644.15 in the previous year[5]. - Cash inflow from operating activities totaled 1,046,065,695.12 RMB in Q1 2025, down from 1,653,755,620.29 RMB in Q1 2024[22]. - Cash outflow from operating activities was 1,058,784,680.53 RMB in Q1 2025, compared to 1,464,425,976.14 RMB in Q1 2024[22]. - The net cash flow from investing activities was -1,418,199.26 RMB in Q1 2025, compared to 4,913,242.32 RMB in Q1 2024[23]. - The net cash flow from financing activities was -375,462,730.35 RMB in Q1 2025, a decrease from 1,832,589,593.97 RMB in Q1 2024[23]. - The ending cash and cash equivalents balance for Q1 2025 was 3,267,432,042.89 RMB, down from 6,787,580,272.23 RMB in Q1 2024[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 27,300,224,641.38, down 3.65% from CNY 28,335,517,502.42 at the end of the previous year[6]. - The total liabilities as of March 31, 2025, were ¥23,572,227,279.00, compared to ¥24,563,689,305.18 as of December 31, 2024, indicating a reduction of approximately 4.0%[15]. - Total current assets as of March 31, 2025, were ¥25,746,432,778.16, down from ¥27,302,127,441.25 as of December 31, 2024, representing a decrease of about 5.7%[14]. - Cash and cash equivalents as of March 31, 2025, were ¥3,332,395,397.19, down from ¥3,766,058,041.00 as of December 31, 2024, a decrease of about 11.5%[13]. - Accounts receivable decreased to ¥24,411,289.04 as of March 31, 2025, from ¥27,649,656.00 as of December 31, 2024, a decline of approximately 11.3%[13]. Operating Costs - Total operating costs for Q1 2025 were ¥1,087,145,269.85, compared to ¥432,782,886.53 in Q1 2024, indicating an increase of about 151.5%[18]. - Operating costs included ¥891,616,078.32 in cost of goods sold for Q1 2025, up from ¥333,753,649.16 in Q1 2024, reflecting a rise of approximately 167.5%[18]. - Financial expenses for Q1 2025 amounted to ¥100,523,299.77, compared to ¥47,745,637.11 in Q1 2024, marking an increase of around 109.7%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,342[10]. - Shareholders' equity totaled ¥3,727,997,362.38 as of March 31, 2025, slightly down from ¥3,771,828,197.24 as of December 31, 2024, a decrease of approximately 1.2%[16]. - The equity attributable to shareholders decreased by 2.15% to CNY 2,813,682,647.17 from CNY 2,875,503,227.95 at the end of the last year[6]. Revenue Drivers - The significant increase in operating revenue was primarily due to a higher area of completed housing projects recognized compared to the previous year[7]. - The company reported a decrease in cash flow primarily due to reduced sales collections compared to the same period last year[7].

Financial Performance - The company's operating revenue for 2024 was CNY 577,862,022.65, representing an increase of 8.55% compared to CNY 532,366,191.19 in 2023[22]. - The net loss attributable to shareholders for 2024 was CNY -39,406,999.41, worsening from a loss of CNY -25,176,496.48 in 2023[22]. - The basic earnings per share for 2024 was CNY -0.26, compared to CNY -0.16 in 2023[23]. - The weighted average return on equity for 2024 was -6.51%, a decline from -3.73% in 2023[23]. - The net profit for 2024 was -39,406,999.41 RMB, compared to -25,176,496.48 RMB in 2023, indicating a significant increase in losses of approximately 56.5%[184]. - The total comprehensive income for 2024 was -39,406,999.41 RMB, compared to -25,176,496.48 RMB in 2023, showing a deterioration of approximately 56.5%[185]. - The total profit for 2024 was -39,406,999.41 RMB, compared to -25,176,496.48 RMB in 2023, indicating a worsening financial position[184]. Cash Flow - The net cash flow from operating activities improved to CNY 27,039,773.88 in 2024, compared to a negative cash flow of CNY -2,643,468.35 in 2023[22]. - The cash flow from operating activities in 2024 was 590,245,632.25 RMB, an increase from 540,333,324.67 RMB in 2023, indicating a growth of about 9.2%[189]. - The cash flow from investment activities showed a net outflow of ¥2,542,244.20, worsening from a net outflow of ¥1,597,642.87 in the previous year, reflecting increased capital expenditures[190]. - The cash and cash equivalents at the end of the period increased to ¥88,141,100.71 from ¥63,643,571.03 at the beginning of the year, marking a net increase of ¥24,497,529.68[191]. Assets and Liabilities - The total assets decreased by 13.81% to CNY 620,119,188.70 at the end of 2024, down from CNY 719,465,704.34 at the end of 2023[22]. - The company's net assets attributable to shareholders decreased by 17.43% to CNY 547,629,644.66 at the end of 2024, compared to CNY 663,245,161.21 at the end of 2023[22]. - Total liabilities rose to CNY 14,212,587.14 in 2024, compared to CNY 8,310,067.29 in 2023, indicating an increase of 71.5%[182]. - The company's equity attributable to shareholders decreased to CNY 639,935,717.55 in 2024 from CNY 719,616,187.19 in 2023, a drop of 11.1%[182]. Operational Efficiency - The company faced increased production costs due to rising prices of lead and lead alloys, leading to a decline in gross profit margin despite some price increases[31]. - Operating costs rose to ¥549,205,068.02, reflecting an increase of 11.33% from ¥493,300,480.07 in the previous year[37]. - The gross profit margin for lead-acid batteries was 4.67%, down from 8.10% in the previous year, a decrease of 2.72 percentage points[40]. - The company reported a total non-recurring loss of 635,531.95 RMB for the current period, compared to a gain of 1,868,169.44 RMB in the previous year[27]. Market and Industry Trends - In 2024, China's automobile production and sales reached 31.28 million and 31.44 million units, respectively, with year-on-year growth of 3.7% and 4.5%[32]. - The market for new energy vehicles saw production and sales of 12.89 million units, reflecting a significant year-on-year growth of 34.4% and 35.5%[32]. - The company operates in a competitive lead-acid battery market, primarily focusing on automotive start-stop batteries[34]. - The company is positioned to benefit from the growing automotive market and increasing demand for quality products and services[33]. Governance and Management - The company has established a governance structure in compliance with relevant laws and regulations, enhancing internal control and corporate governance practices[66]. - The board of directors has held regular meetings, ensuring compliance with legal procedures and maintaining independent oversight[67]. - The company has implemented a performance evaluation and incentive mechanism to ensure timely compensation based on employee assessments[67]. - The company has a diverse management team with extensive experience in finance and management across various sectors[71]. Environmental Responsibility - The company invested 1.035 million yuan in environmental protection during the reporting period[94]. - The company has implemented a wastewater treatment process that ensures 80% of treated wastewater is reused in production[97]. - The company has established a daily maintenance and management system for pollution control facilities, ensuring normal operation and reporting any downtime to local environmental authorities[109]. - The company has been recognized as an "Environmental Integrity Enterprise" by the Chongqing Ecology and Environment Bureau for several consecutive years[113]. Legal and Compliance Issues - The company has initiated arbitration proceedings on March 3, 2023, against Liu Xicheng and Qiu Xiaowei for failing to fulfill their obligation to cover the investment loss, with the arbitration process currently ongoing[126]. - The company has no significant litigation or arbitration matters that have not been disclosed in temporary announcements for the reporting period[127]. - The controlling shareholder, Jia Tianxia, is involved in a legal dispute with Nanfang Tongzheng Company and Liu Xicheng regarding a share transfer, with the case accepted by the Shanghai Financial Court on May 18, 2023[133]. Future Outlook - The company aims to enhance its market position through strategic investments and operational improvements, as indicated by the cash flow trends observed in the report[197]. - The company plans to enhance its market expansion strategies, focusing on new product development and technological advancements[199]. - The company has set a performance guidance for the next year, projecting a growth rate of approximately 10% in revenue[199].

汉商集团股份有限公司2024 年年度报告 公司代码：600774 公司简称：汉商集团 汉商集团股份有限公司 2024 年年度报告 1 / 217 汉商集团股份有限公司2024 年年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、中审众环会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人阎志、主管会计工作负责人张镇涛及会计机构负责人（会计主管人员）张琳声明： 保证年度报告中财务报告的真实、准确、完整。 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 结合公司战略发展规划并综合考虑公司经营情况和未来发展资金需求等因素，公司拟定2024 年度不进行现金分红，不送红股，也不以资本公积转增股本。 六、前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性陈述因存在不确定性，不构成本公司对投资 者的实质性承诺，敬请投资者注意投资风险。 七、是否存在被控股股东及其他关联方非经营性占 ...