Jinjiang Investment (600650.SH) released its 2018 results on March 29th. The company realized 2.435 billion yuan in revenue, an increase of 2.81% over the same period last year. The net profit belonging to shareholders of listed companies was 267 million yuan, up 7.93% over the same period last year. Net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was 227 million yuan, up 0.04% over the same period last year. Basic earnings per share is 0.484 yuan, and it is proposed to distribute 2.50 yuan per 10 shares (including tax).

During the reporting period, Jinjiang Automobile successfully completed the reception task of the first China Import Expo. Jinjiang Automobile undertakes the core car supply guarantee of the foreign government business delegation and the mission, as well as the work and use tasks of relevant government agencies, and has put into use a total of 1295 vehicles, with nearly 1300 front-line drivers and logistics support personnel participating in the task. In addition, Jinjiang Automobile has successfully completed more than 1700 batches of important foreign affairs reception tasks. During the reporting period, there were more than 7500 new cars sold, more than 84000 after-sales maintenance, and more than 69000 network consultations for auto repair enterprises.

Wujing Company relies on high-quality service to stabilize old customers and develops new customers by adjusting customer structure. Business volume has rebounded significantly. From the perspective of inventory tonnage, it increased from 20,000 tons in the lowest valley in 2017 to 40,000 tons in 2018, and the average inventory for the whole year also increased significantly. At the same time, through targeted technical transformation, continue to enhance the energy level of modern cold chain logistics, enhance the adhesion of major customers, business continued to grow, and achieve a turnaround this year.