Important Notice
This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report published in designated media by the CSRC. All directors attended the board meeting to review this report.
Non-standard audit opinion: □ Applicable ☒ Not applicable
Profit distribution plan or capital reserve transfer to increase share capital reviewed by the board: □ Applicable ☒ Not applicable
The company plans not to distribute cash dividends, issue bonus shares, or transfer capital reserves to increase share capital.
Preferred stock profit distribution plan approved by the board: □ Applicable ☒ Not applicable
Company Overview
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Company Profile
Stock abbreviation: Kairuide
Stock code: 002072
Stock exchange: Shenzhen Stock Exchange
Contact person and information:
Board Secretary: Zhu Xiaoyan
Office address: Room 105, Building C, Science and Technology Innovation Center, Core Area of Jingchu Science and Technology City, No. 88 Shenzhen Avenue, Zhanghe New District, Jingmen City, Hubei Province; 12th Floor, New Poly Building, No. 1 Chaoyangmen North Street, Dongcheng District, Beijing
Fax: None
Phone: 16502052227
Email: 18676781486@163.com -
Main Business or Product Overview
During the reporting period, the company primarily engaged in coal trading, operating through both self-operated and agency models, with self-operated being the main mode. The self-operated coal trading business involves purchasing coking coal, coke, and coal products from coking plants and coal distributors based on its sales plan and market trends, storing them in warehouses, and then selling them through commercial negotiations to profit from market price fluctuations. The selection of suppliers and customers, as well as product pricing, is determined by the company. The risks associated with transportation, storage, and market price fluctuations are borne by the company itself. The advantages of this business model include strong profitability and better control over upstream and downstream operations, while the downside is the need to bear various risks from transportation, storage, and price fluctuations. The agency coal trading business involves purchasing various types of coal (high, medium, low sulfur) based on customer demand from washing plants and coal distributors, selling them to earn a fixed price difference. The advantage of this model is that it does not bear business risks, but the downside is weaker profitability. -
Key Accounting Data and Financial Indicators
(1) Major accounting data and financial indicators for the past three years
Is the company required to restate or adjust previous years' accounting data? □ Yes ☒ No
Unit: CNY