Securities Code: 002070
Securities Abbreviation: *ST Zhonghe
Announcement Number: 2019-036
Fujian Zhonghe Co., Ltd. announces that the company and all members of the board guarantee the authenticity, accuracy, and completeness of the announcement content, with no false records, misleading statements, or significant omissions.
Special Reminder: In 2018, the company achieved total operating revenue of 201.41 million yuan, a decrease of 73.29% compared to the same period last year; operating profit was -481.61 million yuan, a 39.34% reduction in losses compared to the previous year; total profit was -599.58 million yuan, a 38.51% reduction in losses compared to the previous year; net profit attributable to shareholders was -572.81 million yuan, a 44.92% reduction in losses compared to the previous year. As of December 31, 2018, the company had undistributed profits of -1,772.35 million yuan and equity attributable to the parent company of -1,103.16 million yuan. The company reported losses for the 2018 fiscal year, and its net assets were negative at the end of 2018. Fujian Huaxing Accounting Firm (Special General Partnership) audited the company's 2018 financial statements and issued an audit report with no opinion (Min Huaxing Audit Report (2019) No. E-008).