Important Reminders
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. Directors Sang Junjie, Fan Rixu, and Jiang Hongyu were unable to attend the meeting.
1.2 No director has declared that they cannot guarantee the authenticity, accuracy, and completeness of the annual report or has any objections.
1.3 Lianda Xintong Accounting Firm issued an audit report with a qualified opinion and explanatory paragraph for the company.
1.4 The chairman of the company, Zhang Zhenhua, and the chief accountant, Li Yaxuan, declare that the financial report in this annual report is true and complete.
Company Overview
2.1 Basic Information
- Stock Abbreviation: ST Wuhuan
- Stock Code: 000412
- Listing Exchange: Shenzhen Stock Exchange
- Registered and Office Address: No. 38 Nanling Street, Nanguan District, Changchun City; No. 15 Puyang Street, Luyuan District, Changchun City
- Postal Code: 130062
- Company Website: www.cninfo.com.cn
- Email: ccbfwh@mail.ji.cn
2.2 Contact Person and Contact Information
- Secretary of the Board: Zhou Gang
- Contact Address: No. 15 Puyang Street, Luyuan District, Changchun City
- Phone: 0431-7922218-8188
- Fax: 0431-7828282
- Email: ccbfwh@mail.ji.cn
Summary of Accounting Data and Financial Indicators
3.1 Main Accounting Data
| Year | Main Business Income | Total Profit | Net Profit | Net Profit Excluding Non-Recurring Gains and Losses |
|---|---|---|---|---|
| 2002 | 464,210.61 | -176,133,216.65 | -175,827,280.20 | -167,456,432.37 |
| 2001 | 7,829,334.12 | -193,686,541.57 | -193,310,996.35 | -106,461,633.57 |
| Change (%) | -94.07 | -9.06 | -9.04 | 57.29 |
3.2 Main Financial Indicators
| Year | Earnings Per Share | Return on Equity | Net Cash Flow from Operating Activities |
|---|---|---|---|
| 2002 | -0.6085 | 635.60% | -7,226,651.98 |
| 2001 | -0.6690 | -131.43% | 6,809,411.23 |
| Change (%) | -9.04 | -583.60 | -206.13 |
3.3 Differences in Domestic and International Accounting Standards
- Applicable: No
4. Changes in Share Capital and Shareholder Information
4.1 Share Changes Table (see Appendix 1)
| Before Change | Change (+, -) | After Change |
|---|---|---|
| Unlisted Shares | 93,847,365 | 93,847,365 |
| Listed Shares | 106,321,720 | 106,321,720 |
| Total Shares | 288,961,676 | 288,961,676 |
4.2 Top Ten Shareholders' Holdings Table
| Shareholder Name | Year-End Holdings | Change | Percentage (%) | Share Type | Pledged or Frozen Shares | Shareholder Nature |
|---|---|---|---|---|---|---|
| Changchun Changshun Industrial Group Co., Ltd. | 93,847,365 | - | 32.47 | Unlisted | - | State-owned |
| Zhuhai Huayuda Industrial Co., Ltd. | 56,857,500 | - | 19.68 | Unlisted | - | Legal Person |
| Yangpu Qinyu Industrial Co., Ltd. | 31,935,091 | - | 11.05 | Unlisted | - | Legal Person |
| Others | Various | - | - | Listed | - | Public |
4.3 Controlling Shareholder and Actual Controller Information 4.3.1 Changes in Controlling Shareholder and Actual Controller: Not Applicable 4.3.2 Specific Information about Controlling Shareholder and Other Actual Controllers: Changchun Changshun Industrial Group Co., Ltd., established on December 12, 1992, with a registered capital of 65 million yuan, is engaged in the development and management of sports venues and facilities, design and publication of sports advertisements, and sales of building materials, decoration materials, and lighting fixtures.