Important Notes
1.1 The Board of Directors, Supervisory Board, and senior management of the company guarantee that the information contained in this report does not contain any false records, misleading statements, or major omissions, and they bear individual and joint responsibility for the authenticity, accuracy, and completeness of its contents. This annual report summary is extracted from the full annual report; investors wishing to understand the detailed content should read the full annual report.
1.2 No directors, supervisors, or senior management have expressed doubts regarding the authenticity, accuracy, or completeness of the annual report.
1.3 Names of absent directors and reasons for absence:
| Name | Reason for Absence |
|---|---|
| Huang Chao | Business Trip |
| Liang Kai | Business Trip |
| Xiong Dezhang | Business Trip |
| Liang Kai | Business Trip |
| Peng Siyuan | Business Trip |
| Liang Kai | Business Trip |
| Huang Zhaoxing | Business Trip |
| Ren Jiahua | Business Trip |
| Shuai Jianlun | Business Trip |
| Ren Jiahua | Business Trip |
| Wei Jun | Business Trip |
| Feng Zhiyan | Business Trip |
| Zhang Shejia | Business Trip |
| Feng Zhiyan | Business Trip |
1.4 Zhonghe Zhengxin Certified Public Accountants issued audit report No. 6-23 (2007) for the company.
1.5 The responsible person of the company, Shuai Jianlun, the head of accounting, Ren Jiahua, and the head of the accounting institution (accounting supervisor), Feng Xiuping, declare: they ensure the authenticity and completeness of the financial report in the annual report.
Company Overview
2.1 Basic Information
| Item | Details |
|---|---|
| Stock Abbreviation | S*ST Jiazhi |
| Stock Code | 000699 |
| Listing Exchange | Shenzhen Stock Exchange |
| Registered Address | No. 306, Guangfu Road, Jiamusi City |
| Postal Code | 154005 |
| Office Address | No. 306, Guangfu Road, Jiamusi City |
| Office Postal Code | 154005 |
| Company Website | http://www.jdgfgs.com |
| jdgfgs@163.com |
2.2 Contact Person and Contact Information
| Item | Details |
|---|---|
| Secretary of the Board | Luo Chen |
| Securities Affairs Representative | Meng Xianyou |
| Contact Address | No. 306, Guangfu Road, Jiamusi City |
| Phone | 0454-8377217, 0454-8375070 |
| Fax | 0454-8375080 |
| jdgfgs@163.com |
Summary of Accounting and Business Data
3.1 Main Accounting Data (Unit: RMB Yuan)
| Item | 2006 | 2005 | Change (%) | 2004 |
|---|---|---|---|---|
| Main Business Income | 268,242,362.09 | 255,710,435.47 | 4.90% | 248,195,228.07 |
| Total Profit | -224,081,473.28 | -682,369,943.07 | -67.20% | -40,574,923.64 |
| Net Profit | -223,793,642.56 | -681,872,162.27 | -67.18% | -40,574,923.64 |
| Net Profit Excluding Non-Recurring Gains and Losses | -217,469,285.91 | -681,138,912.44 | -68.07% | -64,861,823.83 |
| Net Cash Flow from Operating Activities | 213,761.52 | 685,303.17 | -68.81% | 8,759,607.90 |
3.1.1 At the end of 2006 and 2005
| Item | End of 2006 | End of 2005 | Change (%) | End of 2004 |
|---|---|---|---|---|
| Total Assets | 851,267,030.00 | 970,824,675.03 | -12.32% | 1,547,670,031.00 |
| Shareholders' Equity (Excluding Minority Interests) | -677,786,653.52 | -461,142,532.95 | 46.98% | 219,982,017.82 |
3.2 Key Financial Indicators (Unit: RMB Yuan)
| Item | 2006 | 2005 | Change (%) | 2004 |
|---|---|---|---|---|
| Earnings per Share | -0.9839 | -2.9979 | 67.18% | -0.1780 |
| Earnings per Share (Note) | -0.9839 | - | - | - |
| Return on Equity | -33.02% | -147.87% | 114.85% | -0.18% |
| Return on Equity Excluding Non-Recurring Gains and Losses | -32.04% | -147.71% | 115.67% | -0.29% |
| Net Cash Flow per Share from Operating Activities | 0.0009 | 0.0030 | -70.00% | 0.0385 |