On August 26, Chongqing Sansheng Co., Ltd., which has dual main businesses of concrete and medicine, released its 2022 semi-annual report. From January to June this year, it achieved operating income of 963 million yuan, a year-on-year decrease of 21.10%;

html On August 26, Chongqing Sansheng Co., Ltd. (002742), which has dual main businesses of concrete and medicine, released its 2022 semi-annual report. From January to June this year, it achieved operating income of 963 million yuan, a year-on-year decrease of 21.10%; Net profit was -40.7385 million yuan, a year-on-year increase of 154.51%; net profit after non-deduction was -35.7501 million yuan, a year-on-year loss of -35.7501 million yuan, a year-on-year loss of 21.11%, basic earnings per share -0.0943 yuan.

html On August 26, Sansheng shares closed at 5.67 yuan, down 1.90%, with a turnover rate of 0.89%, a dynamic price-to-earnings ratio loss, and a total market value of 2.449 billion yuan. The net cash flow generated by

operating activities was 60.9594 million yuan, a slight decrease of 2.48% year-on-year. Sansheng Co., Ltd. stated that during the reporting period, its building materials and chemical industry segment was severely impacted by the market. In addition, insufficient cash flow hindered the continued development of the building materials and chemical industry segment. Although it strengthened internal management, optimized supply and production, and adjusted the prices of major products, it Various measures reduced the substantial losses, but failed to achieve profitability. Although the pharmaceutical manufacturing segment achieved profits, it was not enough to offset the losses in the building materials and chemicals segment.

At present, the company is under great financial pressure and its working capital is tight. To this end, the company has increased its available monetary funds by strengthening accounts receivable management, reducing inventory backlog, and improving supply chain capabilities. At the same time, it has implemented refined management and accelerated capital turnover to ensure normal capital needs for production and operations. Under the premise, bank borrowings should be kept as low as possible and the credit varieties of financial institutions should be adjusted to reduce financing costs and interest expenses.

Sansheng Shares also hopes to introduce strategic investors to participate in the company's operations and strategic planning, and to provide financial support. On August 3 this year, Sansheng Shares announced that its controlling shareholder Pan Xianwen and company shareholder Deng Hanyin signed a "Tripartite Cooperation Memorandum" with Chongqing International Trust Co., Ltd. (Chongqing Trust) to provide high-quality economic and social development in the region. Chongqing Municipal Government The Beibei District Government sent a letter inviting Chongqing Trust to participate in the company's relevant financial cooperation. Chongqing Trust plans to transfer the company's shares by issuing a trust plan or acting as an investment consultant to introduce investors.

The number of shareholders in the semi-annual report of Sansheng Shares was 15,274, and the number of shareholders in the first quarter report was 15,912.

Upstream News Reporter Liu Yong Intern Ang Wenfan