2016-03-04-深交所-中_鲁Ｂ_2015年年度报告（英文版）（已取消）_123页_901kb

Summary of Shandong Zhonglu Oceanic Fisheries Co., Ltd. 2015 Annual Report

Core Content

Shandong Zhonglu Oceanic Fisheries Co., Ltd. is a comprehensive fishery enterprise that operates in ocean-going fishing, refrigerated transport, and refrigeration, processing, and trading of aquatic products. The report covers the company's performance in 2015, its business overview, financial data, and strategic direction.

Main Financial Indexes

The following are the key financial metrics for the company in 2015:

Key Business Activities

I. Ocean-going Fishing

• The company operated 18 fishing vessels, including 2 large-scale tuna seiners, 14 ultra-low temperature tuna long liners, and 2 medium trawlers.
• Vessels were deployed in the western-central Pacific Ocean, Indian Ocean, and Ghana sea area.
• The company adapted to changing tuna resources by implementing scientific and reasonable deployment strategies.
• The long-line fishing operations in the Indian Ocean saw a significant increase in yield, turning losses into gains.
• The purse seine fishing operations faced challenges due to economic downturn and declining tuna prices, but the company took timely measures to adjust operations.

II. Refrigerated Transport

• The company maintained an 8-boat refrigerated transport fleet with a total displacement of over 60,000 tons.
• The fleet's operating area expanded to numerous countries and regions across the Pacific, Indian Ocean, and Atlantic.
• The company focused on cost control, enhancing market share, and leveraging exchange rate trends for financial gains.
• The company also improved risk management and implemented self-repair strategies to enhance technological benefits.

III. Refrigeration, Processing, and Trade

• The company expanded its operations in both domestic and international markets, with a notable breakthrough in the foreign market.
• The company aimed to build a complete processing industry chain centered on Zhonglu Food.
• It focused on automation and mechanization of key processes to improve productivity and reduce costs.
• The company also worked on market expansion and deepening processing capabilities.

Industry Development

• In 2015, the international and domestic economic environment was challenging, with a downturn in global offshore fishing.
• Despite these challenges, the company managed to achieve steady growth and healthy development in other areas of its business.
• The company's comprehensive industry chain and synergies between its sectors helped in risk resistance during the downturn.

Main Assets and Shareholders

• There were no major changes in equity assets.
• Fixed assets increased by RMB 53,869,400, with RMB 42,523,100 transferred from construction in progress.
• The company had no significant overseas assets.
• The company did not plan for cash dividends, bonus shares, or share conversion from capital reserve.

Corporate Governance and Financial Reporting

• The company's financial report was confirmed to be authentic, accurate, and complete by the board of directors, supervisory committee, and key executives.
• The company's financial data was disclosed in China Securities Journal, Hong Kong Commercial Daily, and www.cninfo.com.cn.
• The company did not engage a financial consultant or sponsor for continuous supervision duties during the reporting period.

Strategic Position

• The company is a key player in Shandong's deep-sea fishing industry, with a complete industry chain and strong core competitiveness.
• It benefits from favorable national policies and is positioned to lead in the development of the tuna industry.
• The company is committed to innovation and strategic transformation to strengthen its market position both domestically and internationally.

Conclusion

The company faced challenges in the tuna seine business due to market conditions but managed to adapt and improve performance in other areas. Its comprehensive operations, strategic focus, and strong industry position provide a solid foundation for future growth.