As of June 30th, 20 17, the total assets of Shang Yun automobile were 602 19900 yuan, an increase of 7 1.84% compared with the same period of last year. The asset-liability ratio (parent company) was 69.64%, down 26.27 percentage points from 43.37% at the end of the same period last year. The net cash flow from operating activities was-265.438+0.564 million yuan in the current period, compared with 654.3896 million yuan in the same period of last year. The company's main business, zero down payment loan car purchase, continued to maintain a good momentum of development, and cooperation with major banks was smoother. Cloud Media 103.3MHz Jilin Province Tourism Broadcasting Program "Cloud Car Service Hotline" ranks first in Jilin Province Radio Station's car program, and Cloud Car Network continues to occupy the first place in the national local website.
During the reporting period, the company's annual business plan successfully achieved the expected strategic objectives. The company's business model has not changed. The company provides comprehensive services for automobile installment loans for automobile consumers, which runs through the whole process of car purchase. Relying on the company's existing customer resources and good cooperative relations with automobile manufacturers and imported automobile dealers, it provides low-cost car purchase information services for high-end automobile sales.
In addition, in the first half of 20 17, the company strengthened the vehicle sales business. The company uses its own customer resources and good relations with car dealers and manufacturers to buy cars directly from dealers and car manufacturers and then sell them to end customers. In the later period, the company will continue to increase business promotion and strengthen cost control, and strive to improve the company's profitability. It is worth noting that the company will further strengthen cooperation with relevant institutions, strengthen market development, and further enrich the company's products and business structure. In terms of media, with the help of cloud-based car networking, the company will carry out a series of cross-border media activities related to cars. The company will consider introducing strategic investors appropriately through the capital market. At the same time, the company will apply for a credit loan from the bank to solve the capital bottleneck in the process of business development. There is also the expansion of business areas and the development of business in more cities.
Million car purchase subsidy