000653SZSE

ST Jiuzhou 2002 Semi-Annual Report

ST Kyushu Co., Ltd.··46 pages

✨ AI Summary

This semi-annual report provides an overview of Fujian Jiuzhou Group Co., Ltd.'s financial performance for the first half of 2002, highlighting a net loss of approximately 52 million RMB. The report indicates ongoing financial difficulties, with total assets decreasing significantly and shareholder equity remaining negative. The company is facing potential delisting due to failure to achieve profitability by June 30, 2002, and is exploring restructuring options to address its financial challenges.

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Full Translation

AI Translation· azure_openai

Important Notice

The board of directors and all directors of the company guarantee that the information contained in this report does not have any false records, misleading statements, or major omissions, and bear individual and joint responsibility for the authenticity, accuracy, and completeness of the content. Directors Mr. Li Shuguang and Mr. Chen Shaohua were unable to attend the board meeting to review this semi-annual report for certain reasons. The purpose of this semi-annual report summary is to provide the public with a brief overview of the company's situation in the first half of the year, and the full report is also published on the Giant Tide Information Network at http://www.cninfo.com.cn. Investors should carefully read the full semi-annual report before making significant decisions. The company's 2002 semi-annual financial accounting report has been audited by Fujian Huaxing Accounting Firm Co., Ltd., which issued an audit report with no opinion. The company's management has provided explanations on related matters, and investors are advised to pay attention to this.

Section 1 Company Overview

  1. Legal Chinese name of the company: Fujian Jiuzhou Group Co., Ltd. Abbreviated Chinese name: Jiuzhou Co. Legal English name: FUJIAN JIUZHOU GROUP CO.LTD Abbreviated English name: jzgf
  2. Company registered address: 8th Floor, No. 62 Lianhua Xiangxiuli, Xiamen, Fujian Province Company office address: 8th Floor, No. 62 Lianhua Xiangxiuli, Xiamen, Fujian Province Postal code: 361009 Company website: www.jzgroup.com.cn
  3. Legal representative: Liang Jian
  4. Company secretary: Lin Xi Contact number: 0592-5365688 Fax: 0592-5365613 Email: 535383@sohu.com Contact address: 5th Floor, Huguang Building, Hubin East Road, Xiamen, Fujian Province
  5. Designated information disclosure media and website: HTTP://www.cninfo.com.cn Designated information disclosure newspaper: Securities Times Location for the company's annual report: Company secretary's office
  6. Company stock listing location: Shenzhen Stock Exchange Company stock abbreviation: ST Jiuzhou Company stock code: 000653

Section 2 Main Financial Data and Indicators

Unit: RMB Yuan

Item2002 Jan-Jun2001 Jan-Jun
Net Profit-52,015,015.15-29,094,210.59
Net Profit (excluding non-recurring gains and losses)
Return on Equity (%)
Earnings per Share-0.17-0.01
Net Cash Flow from Operating Activities per Share0.0015

As of June 30, 2002, and December 31, 2001:

Item2002 Jun 302001 Dec 31
Shareholder Equity (excluding minority interests)-1,320,182,396.69-757,900,735.02
Net Asset Value per Share-4.45-4.27
Adjusted Net Asset Value per Share

Section 3 Changes in Shareholders and Major Shareholder Holdings

  1. During the reporting period, there were no changes in the total number and structure of shares due to reasons such as issuing new shares, stock dividends, or rights issues.
  2. As of June 30, 2001, the number of shareholders was 71,834.
  3. Shareholding status of the top ten shareholders as of June 30, 2001:
Shareholding UnitNumber of SharesPercentage (%)Share Class
Fujian State-owned Assets Supervision and Administration Commission65,665,00022.13State shares
Shanghai Huxin Trade Co., Ltd.8,100,0002.20Legal person shares
Xiamen Hexin Trade Co., Ltd.4,000,0001.35Legal person shares
Jing Meizhu2,190,9000.74Public shares
Shanghai Hongxin Economic Development Co., Ltd.1,550,0000.57Legal person shares

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