Important Notes
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 on 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 expressed doubts regarding the authenticity, accuracy, or completeness of the semi-annual report content. 1.3 Directors absent from the meeting:
- Guo Xiaoping: Absent due to work reasons
- Liu Keqi, Lu Rusheng: Absent due to overseas family visits
- Ye Yongmao, Xu Dianguo: Absent due to business trips without authorization 1.4 Beijing Zhongxingyu Accounting Firm issued an unqualified audit report with an emphasis of matter paragraph for the company. The Board of Directors and the Supervisory Board have also provided detailed explanations regarding the relevant matters; investors are advised to read carefully. 1.5 The responsible person of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisors) declare: they ensure the authenticity and completeness of the financial report in the semi-annual report.
Basic Information of the Listed Company
2.1 Basic Information
- Stock Abbreviation: *ST Longdi
- Stock Code: 000832
- Listed Exchange: Shenzhen Stock Exchange
- Secretary of the Board: Song Shilong
- Contact Address: Heping Street, A City, Heilongjiang Province
- Phone: 0451-53715276
- Fax: 0451-53717473
- Email: songshilong0832@263.net
2.2 Key Financial Data and Indicators
2.2.1 Main Accounting Data and Financial Indicators
| Item | End of Reporting Period | End of Previous Year | Change (%) |
|---|---|---|---|
| Current Assets | 605,772,995.91 | 505,584,125.62 | 19.82% |
| Current Liabilities | 1,721,692,190.70 | 1,624,912,554.67 | 5.96% |
| Total Assets | 1,250,252,583.15 | 1,114,175,567.05 | 12.21% |
| Shareholders' Equity | -416,027,612.41 | -426,659,101.35 | 2.49% |
| Net Asset per Share | -1.18 | -1.21 | 2.48% |
| Adjusted Net Asset per Share | -1.18 | -1.21 | 2.48% |
| Net Profit | 14,603,580.70 | -158,673,104.70 | 109.20% |
| Net Profit (excluding non-recurring gains and losses) | -46,964,421.54 | -158,673,104.70 | 70.40% |
| Earnings per Share | 0.04 | -0.45 | 108.89% |
| Return on Equity | -3.51% | -103.11% | 99.60% |
| Net Cash Flow from Operating Activities | 70,345,298.25 | -303,130,507.88 | 123.21% |
2.2.2 Non-recurring Gains and Losses
| Item | Amount (RMB) |
|---|---|
| Gain from disposal of fixed assets | 1,098,990.11 |
| Government subsidies | 56,000,000.00 |
| Reversal of inventory impairment provision from previous years | 4,469,012.13 |
| Less: Impact of income tax | 0.00 |
| Total | 61,568,002.24 |
2.2.3 Differences in Domestic and International Accounting Standards
- Applicable: No
Changes in Share Capital and Shareholder Information
3.1 Changes in Shares
- Applicable: No