ZJR(SZ:002021)2022-12-08 03:10Financial Performance - In the first half of 2015, the company achieved total operating revenue of 47,130.88 million yuan, a decrease of 29.33% compared to the same period last year, primarily due to a decline in sewing equipment sales [2] - The net profit attributable to shareholders of the listed company was -4,901.60 million yuan, representing a decline of 334%, mainly due to a decrease in gross profit margin and an increase in the number and amount of losses from subsidiaries [4] Asset Restructuring - The major reason for the termination of the significant asset restructuring was the failure to reach an agreement on all terms with the counterparty before the end of the suspension period [4] - The company committed not to plan any significant asset restructuring within six months following the termination of this matter [4] Strategic Acquisitions - The acquisition of 95.83% of Jiangxi Jinyuan aims to expand into the organic agricultural sector, while the purchase of 60.00% of Xingbang Resources provides control over overseas asset projects, facilitating entry into the pulp manufacturing and wood processing industries [5][6] Market Expansion - The company is entering the organic agriculture sector, including organic meat, to enhance profitability due to declining earnings from its current main business of industrial sewing machines [6] - The demand for agricultural products in China is substantial, driven by a large population and increasing living standards, which is expected to boost overall consumption [6] International Projects - The company is currently preparing for organic agriculture projects in the Trans-Baikal region of Russia, including preliminary approvals and communications with domestic development and commerce departments [6] - Investment in Russia aligns with national industrial policies and the "Belt and Road" initiative, providing a favorable environment for economic cooperation [7] Internet Agriculture Initiative - The company plans to enter internet agriculture, leveraging the growing market demand for organic products and the rapid development of the organic product industry [8] - A strategic cooperation framework agreement was signed with Xinjiang Laodao Agricultural Technology Co., focusing on developing an agricultural service platform based on "internet technology + offline chain networks" [8] Stock Issuance - The company disclosed a plan for a non-public stock issuance on June 23, 2015, which is currently under revision for resubmission to the board for approval [8]