The company takes the passenger transport service and the energy industry as the main industry, the real estate industry, the automobile service, the small loan, the tourism service and so on as the auxiliary industry, the multi-industry coordinated development. At present, the proportion of the company's gas business in Nanjing has reached 70%. In the future, the company will actively develop gas business in the direction of distributed energy and make full use of the opportunity of epitaxial mergers and acquisitions to become bigger and stronger.
Nanjing Zhongbei Taxi Company is a wholly-owned branch of the company, is one of the company's pillar industries, is the first state-owned unit engaged in taxi passenger transport in Nanjing. With the continuous reform and innovation, Zhongbei taxi has realized the modern management of taxi enterprises. at present, it has more than 2100 operating vehicles and has become the vanguard of the taxi industry in Nanjing.
Nanjing Zhongbei Real Estate Development Co., Ltd. is another pillar industry of the company, the company has secondary development qualification, developed a lot of high-quality projects. In order to enhance the capital strength of the wholly-owned subsidiary Zhongbei Shengye, promote the development of the real estate business, and enhance the company's core competitiveness, the company plans to use its own capital of 330 million yuan to increase the capital of the wholly-owned subsidiary Zhongbei Shengye. After the completion of the capital increase, the company's real estate business will be further strengthened.
Performance forecast: in 2017, the company will make full use of its advantages as a listed company's capital platform and controlling shareholders to actively seek assets and projects with high industrial relevance to ensure the steady growth of the company's operating performance. We estimate that the main income of the company in 2017, 2018 and 2019 is 4.199 billion yuan, 4.702 billion yuan and 5.173 billion yuan respectively, the net profit is 343 million yuan, 361 million yuan and 381 million yuan respectively, and the earnings per share are 0.40,0.42,0.44 yuan respectively.
Risk analysis: 1) industry risk: affected by the impact of the Internet and the diversification of citizens' travel demand structure, traditional taxi operations are facing challenges; 2) policy risks; 3) market competition risks; 4) other irresistible risks.
