000658SZSE

ST Ocean 2002 Semi-Annual Report

ST Ocean Co., Ltd.··35 pages

✨ AI Summary

The report outlines ST Ocean's financial performance for the first half of 2002, highlighting a net loss of approximately 17.67 million RMB. The company faced significant operational challenges, leading to a halt in business activities and a decline in total assets. The board anticipates continued losses and potential delisting due to unresolved debt restructuring issues.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Section 1 Important Notice

The Board of Directors of the Company guarantees that the information contained in this report does not have any false records, misleading statements, or major omissions, and assumes individual and joint responsibility for the authenticity, accuracy, and completeness of its content. Due to personal reasons, Director Duan Yongji did not attend this board meeting. The semi-annual report has been audited by Beijing Jingtou Accounting Firm, which issued an audit report with a disclaimer of opinion. The Board of Directors has provided detailed explanations regarding the relevant matters. Investors are advised to read carefully.

Section 2 Company Overview

  1. Company Name
    • Chinese: 厦门海洋实业集团股份有限公司
    • English: Xiamen Marine Industry (Group) Co., Ltd.
    • Abbreviation: MIC
  2. Legal Representative: Mei Meng
  3. Secretary of the Board: Tai Zhiqiang
    • Contact Address: No. 3, Fengchao Mountain Road, Xiamen
    • Phone: 0592-2085752
    • Fax: 0592-2513899
    • Email: ss0658@263.net
  4. Registered Address: No. 3, Fengchao Mountain Road, Xiamen
    • Office Address: No. 3, Fengchao Mountain Road, Xiamen
    • Postal Code: 361005
    • Email: ss0658@263.net
  5. Selected Newspapers for Information Disclosure: Securities Times, China Securities Journal
    • Website for periodic reports designated by the China Securities Regulatory Commission: http://www.cninfo.com.cn
    • Location for keeping periodic reports: No. 3, Fengchao Mountain Road, Xiamen
  6. Stock Exchange: Shenzhen Stock Exchange
    • Stock Abbreviation: ST Ocean
    • Stock Code: 000658
  7. Key Financial Data and Indicators (Unit: RMB)
ItemReporting Period or Year-EndBeginning Period or Same Period Last Year
Net Profit-17,673,230.2020,447,798.48
Net Profit (excluding non-recurring gains and losses)-10,887,911.56-13,661,092.98
Shareholders' Equity (excluding minority interests)-504,969,110.81-487,295,880.61
Return on Equity------15.26%
Earnings per Share-0.1130.130
Net Assets per Share-3.216-3.103
Adjusted Net Assets per Share-3.218-3.105
Net Cash Flow from Operating Activities per Share0.005-0.469

*Note 1: Due to negative net profit and net assets during the reporting period, return on equity is not calculated.
*Note 2: Non-recurring gains and losses deducted and their amounts (Unit: RMB)

ItemAmount
Net Profit-17,673,230.20
Add: Gains from Asset Disposal6,770,482.43
Less: Subsidy Income-10,887,911.56

Section 3 Changes in Share Capital and Major Shareholders' Holdings

  1. During the reporting period, there were no changes in the company's share capital.
  2. At the end of the reporting period, the total number of shareholders was 24,242.
  3. Shareholding status of the top 10 shareholders at the end of the reporting period (Unit: shares)
No.Shareholder NameYear-End ShareholdingRemarks
1Fuzhou Oxford-Cambridge Technology Development Co., Ltd.31,339,000Legal person shares
2Beijing Tsinghua Science Park Development Center21,661,355State-owned shares
3Xiamen Commercial State-owned Assets Investment Company4,306,249State-owned shares
4He Jun1,073,699Circulating shares
5Wang Wenqian933,500Circulating shares
6Zhao Yuxin904,700Circulating shares
7He Xiongguan817,135Circulating shares
8Xu Yedao589,900Circulating shares
9Hu Chundi495,750Circulating shares
10Ke Qiaomu442,728Circulating shares

*Note: A. The 31,339,000 legal person shares held by Fuzhou Oxford-Cambridge Technology Development Co., Ltd. are currently frozen due to bank loan pledges.
B. There are no related relationships among the above shareholders.
C. Due to entrusted management, Beijing Tsinghua Science Park Development Center effectively holds 29% of the voting rights of the shares held by Fuzhou Oxford-Cambridge Technology Development Co., Ltd., making it the actual controlling shareholder of the company.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.