1. Important Notice
1.1 The Board of Directors and its members guarantee that the information contained in this report does not have any false records, misleading statements, or significant omissions, and they bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content. This semi-annual report summary is extracted from the full semi-annual report, which is also published in the "Securities Times" and on the Giant Tide Information Network (http://www.cninfo.com.cn). Investors wishing to understand the detailed content should read the full semi-annual report carefully.
1.2 No director has declared that they cannot guarantee the authenticity, accuracy, and completeness of the semi-annual report content or has any objections.
1.3 The 38th meeting of the 4th Board of Directors was held on February 18, 2004, via communication, with 11 directors expected to attend, and 9 actually participating. Directors Mr. Peng Haibo and Mr. Zhai Bin did not participate in the vote. The meeting complied with the relevant provisions of the Company Law and the Articles of Association. The adjusted 2003 semi-annual report was reviewed and approved at this meeting.
1.4 Lianda Xintong Certified Public Accountants issued an audit report without reservations or explanatory notes for the company.
1.5 The Chairman Mr. Peng Haibo, CFO Mr. Wen Zhen, and Accounting Supervisor Ms. Zhao Min solemnly declare: they guarantee the authenticity and completeness of the financial accounting report in the semi-annual report.
2. Basic Information of the Listed Company
2.1 Basic Information
Stock Abbreviation: ST Xinguang
Stock Code: 000405
Listed Exchange: Shenzhen Stock Exchange
Board Secretary: Xia Wenshu
Securities Affairs Representative: Du Juan
Contact Address: 12th Floor, Gongbei Development Building, Zhuhai, Guangdong Province
Phone: 0756-8887666
Fax: 0756-8887666
Email: xg0405@sina.com.cn
2.2 Key Financial Data and Indicators
2.2.1 Main Accounting Data and Financial Indicators (Unit: RMB Yuan)
| Item | End of Reporting Period | End of Previous Period | Change Compared to Beginning of Year (%) |
|---|---|---|---|
| Current Assets | 185,408,119.24 | 161,702,092.92 | 14.66% |
| Current Liabilities | 514,030,551.41 | 499,650,719.18 | 2.88% |
| Total Assets | 375,169,903.25 | 380,270,591.33 | -1.34% |
| Shareholders' Equity | -138,860,648.16 | -119,380,127.85 | -- |
| Net Asset per Share | -0.36 | -0.31 | -- |
| Adjusted Net Asset per Share | -0.53 | -0.46 | -- |
| Net Profit | -19,480,520.31 | -30,863,059.99 | -- |
| Net Profit (Excluding Non-Recurring Items) | -14,652,026.59 | -20,711,234.64 | -- |
| Earnings per Share | -0.05 | -0.08 | -- |
| Earnings per Share (Adjusted for Changes in Capital) | 0.00 | -- | -- |
| Return on Equity | 14.03% | -201.54% | -- |
| Net Cash Flow from Operating Activities | 20,789,148.89 | 2,175,608.53 | 855.56% |
2.2.2 Non-Recurring Items
Applicable: √ Not Applicable: □
Unit: (RMB Yuan)
| Non-Recurring Item | Amount |
|---|---|
| Non-Operating Income | 50.00 |
| Non-Operating Expenses | 4,828,543.72 |
| Total | -4,828,493.72 |
2.2.3 Differences in Domestic and International Accounting Standards
Applicable: □ Not Applicable: √
3. Changes in Share Capital and Shareholder Information
3.1 Changes in Shares
Applicable: □ Not Applicable: √
3.2 Shareholding of the Top Ten Shareholders
Unit: Shares