On 7 May, the Bureau of Mangrove Capital informed that, in recent days, the “Rede First Unit” wanted you (002582.SZ) to issue a 2022 performance report, net profit was lost by a loss of profits, with a net return of 40.7.82 per cent, with a net loss of non-net profits as compared to a decline of 734.92 per cent.

The Board noted that, in the two years following the sale of herbs, you thought that the non-net profits were sustained, and that the annual harvest was no more than $1.5 billion.

In the past two years, you have also opened up a number of new operations and projects, of which 2021 was reported as “operational stagnation” in 2022. In 2022, you were also repeatedly subject to regulatory attention with regard to the use of funds (financial, lending).

Figures from visual China

01

Performance gains and losses

“Slight panels have begun to show”

The financial data show that, in 2022, you received a total of 1.4 billion yuan renminbi, an increase of 9.32 per cent over the same period; a net loss of 190 million yuan renminbi, a decrease of 40.82 per cent for the same period in the previous year, a gain of 66.3 million yuan renminbi; and a net loss of 213 million yuan renminbi, a decrease of 74.92 per cent in the same period as the previous year, a loss of 25.48 million yuan renminbi.

With regard to the reasons for the net profit of the mother, you would like to say that, in the fourth quarter of 2021, the higher prices of the company’s centralized procurement of raw materials for red tape led to a sharp increase in the prices of raw materials produced in the reporting period, as well as a decrease in the Māori rate due to higher energy prices, such as electricity, gas, during the reporting period.

On the other hand, for the reasons for the significant increase in net incapacitation, it would be interesting to note that the gains from fair value changes and investment gains from corporate governance during the reporting period were mainly due to a decrease of approximately $87 million over the same period last year and a reduction of 13.23 million in government subsidies received.

It is worth noting that this is the first time that you have suffered from the net profit of the mother for almost seven years, and that, starting in 2020, your incapacitation of non-net profits began to remain negative.

Needless to think that you will withhold a net profit from the East Wealth Network

In 2020, you sold, at a price of $705 million (approximately $4,953 million in the People’s Democratic Republic of the Congo), the main body of the tacit company, Makms Food, at a time when it was considered a successful asset reorganization.

After the sale, it is thought that your performance has fluctuated considerably. In 2020, it is to be hoped that you will halve the harvest from the previous year, from $5,961 million to $30,011 million, with net profits being negative, from $38.9 million to $120 million. For the next two years, it is to be hoped that your annual camp will not exceed $1.5 billion, that the quality of the benefits will be significantly reduced, and that the share of net operating cash flows/business income will gradually fall from 0.112 in 2020 to -0.106.

Wishing your business income from the East Wealth Network

It is also not easy to understand that, after the acquisition of herbs in 2016, the taste has always been a “medium stratocks” that are good for you. In 2017 and 2018, the percentage of total yields was more than seven, and in 2019, it was 5023 million yuan renminbi per year, with a net profit of 171 million yuan renminbi and a net profit ratio of eight more.

In 2022, your overall Māori ratio was 22.79 per cent, a decrease of 3 per cent, and a marketing cost rate of 22.53 per cent, an increase of 4 per cent, explaining that it was mainly affected by higher cost of raw materials and product restructuring. The net cash flow from operating activities was CI$-149 million, a decrease of 313 per cent, as explained by the increase in the acquisition of stock. According to the East Wealth Network, the number of days that you have generated from your stock is 20.5.3 days, an increase of approximately 18 days from the same date.

A letter from the International Monetary Fund (IFC) was sent to you to ask whether the reason for the slow transformation of the stock week and the continued negative effect of the incapacitation of non-net profits were related to the failure to find a profit point.

On 6 May, the Vice-President of the Hong Kong Provincial Food Security Promotion Council, Gitanbhorn, stated to the Bureau of the Infrared Capital that you had begun to show in terms of product homogenization, insufficient incentives for growth, and that it was difficult to support a market company on the sole basis of red-food, so that you would have to lay down new projects and industries to seek performance gains.

February

Emerging coffee operations stalled

Second growth curve

With regard to your intention to sell hers, I would like to say at that time that “by selling hereds, you will focus all your energies on the business of the owner while recovering sufficient cash to lay the groundwork for expansion in the area of healthy foods.”

The Board noted that, after the sale of herbal tastes, it would be interesting to see how many attempts have been made over the past two years on products and sub-brands.

You wrote in the 2021 financial statement that new and healthy products, such as low-GI Chiangfi, wheat, infrared coffee, daily nuts, have been developed, with the red coffee project achieving business income of $169.92 million in the second half of the year and achieving corporate performance growth.

However, in the 2022 financial statements, the term “infrared coffee” was not repeated, and in relation to coffee, the purchase of an insignia that wanted your coffee powder was over $27 million owed by the limited company responsible for coffee, accounting for the bad bank accounts of the coffee operation, which was $1356.96 million; and the partial production equipment, which was stagnated as a result of the stagnant coffee operation, was also reduced.

At the same time, tiny, daily nuts have not emerged in the 2022 financial statements, replacing them with soyphia, red wings, cradles, cradles, etc.

With regard to the direction of the second growth curve and the specific operation of the coffee business, the Bureau of the Infrared Capital Fund advised you that, as of the time of the issuance of the draft, the counterpart had not responded.

03

The use of funds has been repeatedly regulated

It is interesting to note that you, together with your affiliates, have made little in the two years of financial regulation and lending and have raised a number of concerns.

In 2022, you spent $2,586 million to purchase tangible property. On 28 April this year, you also issued the Proclamation on the Use of Homeless Funds for the Purchase of Financed Products, which states that companies and their wholly funded subsidiaries are to use a maximum of 2 billion yuan renminbi to invest in good-time money and that the funds within this line can be used on a rolling basis.

Justification

Album: the fourth season of China’s good voice

Introduction:

Sina entertainment news the premiere of the fourth season of “China’s good voice” triggered a heated discussion. The best CP laughter points of Harlem and Jay Chou’s “fish porridge” appeared frequently. Jay Chou recalled the past and told the story of “not giving me 100 yuan”, which quickly became popular all over the network. The latest exposed backstage gag video showed that this 100 yuan event had follow-up. Harlem really took out 100 yuan bills and threw them to Jay Chou during the break.

Harlem, who was active on the court, often flirted with dumbbell and little Duke cited Jay Chou. However, when Jay flirted against him, he often laughed with amazing results. Ang Lee’s singing skills in the first phase are amazing, but he has ordinary appearance and overweight. Therefore, his singing career has not been smooth, which makes Jay recall his rough past and expose Harlem’s “old bottom” by the way. It turned out that when Zhou Dong was a zither player in a bar, he unexpectedly ushered in a distinguished guest one day. “The man whose hat brim is pulled low is Yu Chengqing [microblog].” In order to attract the attention of big stars, Zhou Dong also deliberately played a song by Yu Chengqing, but the other party didn’t respond. Finally, he left, “he wouldn’t even give me 100 yuan.”

At the end of the story, not only the audience in front of the TV series laughed, but also the scene turned upside down. During the break, in addition to shouting “I love you”, the fans in the audience simply shouted “Harlem gives you money” and “Jay, we give you money.” Yu Chengqing was also full of entertainment spirit. He took out 100 yuan and photographed it on Jay’s desk. Jay was not polite. He picked up the money, nodded and put it into his pocket, causing bursts of applause and screams.

At present, Jay Chou and Harlem have gone back to rest, and Harlem also admitted that he did give director Zhou “100 yuan”. Jay Chou has just got a daughter. The good voice will be closed for a month and will be recorded again in early August. Harlem said that he was bothering to send a red envelope to congratulate Xi. He didn’t know “how many 100 yuan to wrap” for his father.