（於中華人民共和國註冊成立之股份有限公司） （股份代號：8205） 二零二一中期業績報告 * 僅供識別 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM之特色 GEM之 定 位，乃 為 中 小 型 公 司 提 供 一 個 上 市 的 市 場，此 等 公 司 相 比 起 其 他 在 主 板 上 市 的 公 司 帶 有 較 高 投 資 風 險。有 意 投 資 的 人 士 應 了 解 投 資 於 該 等 公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由 於GEM上 市 公 司 普 遍 為 中 小 型 公 司，在GEM買賣的證券可能會較於主板 買 賣 的 證 券 承 受 較 大 的 市 場 波 動 風 險，同 時 無 法 保 證 在GEM買賣的證券會 有高流通量的市場。 香港交易及結算所有限公司及聯交所對本 報 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 報 告 全部或任何部 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本 報 告 乃 遵 照 聯 交 所《GEM證 券 上 市 ...

（於中華人民共和國註冊成立之股份有限公司） （股份代號：8205） 二零二一年第一季度業績報告 * 僅供識別 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM之特色 GEM之 定 位，乃 為 中 小 型 公 司 提 供 一 個 上 市 的 市 場，此 等 公 司 相 比 起 其 他 在 主 板 上 市 的 公 司 帶 有 較 高 投 資 風 險。有 意 投 資 的 人 士 應 了 解 投 資 於 該 等 公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由 於GEM上 市 公 司 普 遍 為 中 小 型 公 司，在GEM買賣的證券可能會較於主板 買 賣 的 證 券 承 受 較 大 的 市 場 波 動 風 險，同 時 無 法 保 證 在GEM買賣的證券會 有高流通量的市場。 香 港 交 易 及 結 算 所 有 限 公 司 及 聯 交 所 對 本 報 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 報 告 全 部 或 任 何 部 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本 報 ...

上海交大慧谷信息產業股份有限公司 (於中華人民共和國註冊成立之股份有限公司) 股份代號: 8205 Marousla 2020 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM之特色 GEM之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公司帶有較 高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作 出投資決定。 由 於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣的證券承受較大的市 場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何 聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失 承擔任何責任。 本 報 告 乃 遵 照 聯 交 所《GEM證 券 上 市 規 則》（「GEM上 市 規 則」）之 規 定 而 提 供 有 關 上 海 交 大 慧 谷 信 息 產 業 股 份 有 限 公 司（「本 公 司」）之 資 料。本 公 司 各 董 事（「董 事」）願 共 同 及 個 別 對 ...

[Characteristics of GEM and Disclaimer](index=2&type=section&id=Characteristics%20of%20GEM%20and%20Disclaimer) The GEM market provides a listing platform for small and medium-sized companies, entailing higher investment risks, potential market volatility, and unguaranteed liquidity - The GEM market offers a listing platform for small and medium-sized companies, carrying higher investment risks, potential for significant market fluctuations, and unguaranteed liquidity[2](index=2&type=chunk) - Hong Kong Exchanges and Clearing Limited and the Stock Exchange are not responsible for the content of this report and make no statement as to its accuracy or completeness[2](index=2&type=chunk) - The company's directors bear full responsibility for the accuracy, completeness, and non-misleading nature of the information contained in this report[2](index=2&type=chunk) [Summary](index=3&type=section&id=Summary) The company reported a slight revenue decrease of 0.6% and a reduced loss attributable to owners of the parent for the nine months ended September 30, 2020 Key Financial Summary for the Nine Months Ended September 30, 2020 | Indicator | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Revenue | 27,453 | 27,613 | -160 | -0.6% | | Loss Attributable to Owners of the Parent | 13,069 | 14,145 | -1,076 | -7.6% | | Interim Dividend | Nil | Nil | - | - | [Third Quarter Results](index=4&type=section&id=Third%20Quarter%20Results) This section presents the unaudited condensed consolidated financial statements, including the statement of profit or loss, comprehensive income, and changes in equity, along with detailed notes for the period [Condensed Consolidated Statement of Profit or Loss (Unaudited)](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20%28Unaudited%29) For the nine months ended September 30, 2020, the company's revenue slightly decreased by 0.6% to RMB 27,453 thousand, with gross profit declining by 5.64%, while losses before tax and attributable to owners of the parent narrowed Key Data from Condensed Consolidated Statement of Profit or Loss (Nine Months Ended September 30) | Indicator | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Revenue | 27,453 | 27,613 | -160 | -0.6% | | Gross Profit | 8,531 | 9,041 | -510 | -5.64% | | Loss Before Tax | (10,668) | (13,225) | 2,557 | -19.33% | | Share of Loss of Associates | (2,401) | (920) | -1,481 | 161.0% | | Loss for the Period | (13,069) | (14,145) | 1,076 | -7.61% | | Loss Attributable to Owners of the Parent | (13,069) | (14,145) | 1,076 | -7.61% | | Basic Loss Per Share (RMB) | (0.0272) | (0.0295) | 0.0023 | -7.80% | Key Data from Condensed Consolidated Statement of Profit or Loss (Three Months Ended September 30) | Indicator | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Revenue | 15,770 | 11,425 | 4,345 | 38.03% | | Gross Profit | 4,596 | 4,303 | 293 | 6.81% | | Loss Before Tax | (428) | (1,764) | 1,336 | -75.74% | | Share of Loss of Associates | (205) | (797) | 592 | -74.28% | | Loss for the Period | (633) | (2,561) | 1,928 | -75.28% | | Loss Attributable to Owners of the Parent | (633) | (2,561) | 1,928 | -75.28% | | Basic Loss Per Share (RMB) | (0.0013) | (0.0053) | 0.004 | -75.47% | [Condensed Consolidated Statement of Comprehensive Income (Unaudited)](index=5&type=section&id=Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income%20%28Unaudited%29) For the nine months ended September 30, 2020, the company's total comprehensive income was a loss of RMB 13,069 thousand, consistent with the loss for the period, indicating no other comprehensive income or loss Key Data from Condensed Consolidated Statement of Comprehensive Income | Indicator | Nine Months Ended September 30, 2020 (RMB thousands) | Nine Months Ended September 30, 2019 (RMB thousands) | | :--- | :--- | :--- | | Loss for the Period | (13,069) | (14,145) | | Exchange Differences Arising from Translation of Foreign Operations | — | — | | Total Comprehensive Income for the Period | (13,069) | (14,145) | | Attributable to Owners of the Parent | (13,069) | (14,145) | | Attributable to Non-controlling Interests | (30) | (27) | [Condensed Consolidated Statement of Changes in Equity (Unaudited)](index=6&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity%20%28Unaudited%29) As of September 30, 2020, accumulated losses increased to RMB 64,413 thousand, reducing total equity from RMB 75,715 thousand at the beginning of the period to RMB 62,646 thousand Key Data from Condensed Consolidated Statement of Changes in Equity | Indicator | As of September 30, 2020 (RMB thousands) | | :--- | :--- | | Share Capital | 48,000 | | Share Premium | 61,068 | | Capital Reserve | 16,240 | | Statutory Reserve | 223 | | Translation Reserve | 1,528 | | Accumulated Losses | (64,413) | | Total | 62,646 | | Non-controlling Interests | (30) | | Grand Total | 62,616 | - The net loss for the period was **RMB 13,069 thousand**, leading to an increase in accumulated losses[9](index=9&type=chunk) [Notes](index=7&type=section&id=Notes) This section provides background information for understanding the financial data, detailing the basis of presentation, revenue composition, loss before tax, tax expenses, dividend policy, and loss per share calculation methods [1. Basis of Presentation](index=7&type=section&id=1.%20Basis%20of%20Presentation) These financial statements are prepared on a going concern basis, adhering to PRC Enterprise Accounting Standards, CSRC, and HKEX disclosure requirements - The financial statements are prepared in accordance with China Enterprise Accounting Standards, the China Securities Regulatory Commission, and the disclosure requirements of the GEM Listing Rules of The Stock Exchange of Hong Kong Limited[11](index=11&type=chunk) - The statements are prepared on a going concern basis, reflecting transactions and events that have actually occurred[11](index=11&type=chunk) [2. Revenue](index=7&type=section&id=2.%20Revenue) The company's revenue primarily stems from commercial application solutions, network and data security product installation and maintenance, and electronic product sales, with commercial application solutions showing significant growth while electronic product sales declined sharply - Revenue sources include commercial application solutions and application software, installation and maintenance of network and data security products, and sales of electronic products and accessories[12](index=12&type=chunk) Quarterly Revenue Analysis (Nine Months Ended September 30) | Business Category | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Commercial Application Solutions | 22,406 | 19,531 | 2,875 | 14.72% | | Installation and Maintenance of Network and Data Security Products | 3,383 | 2,418 | 965 | 39.91% | | Sales of Electronic Products and Accessories | 1,664 | 5,664 | -4,000 | -70.62% | | **Total** | **27,453** | **27,613** | **-160** | **-0.58%** | - All business operations are conducted in China, and revenue is presented net of applicable Chinese taxes[13](index=13&type=chunk) [3. Loss Before Tax](index=8&type=section&id=3.%20Loss%20Before%20Tax) For the nine months ended September 30, 2020, loss before tax was primarily influenced by employee costs and inventory costs, with employee costs decreasing year-on-year and inventory costs slightly increasing Items Deducted from Loss Before Tax (Nine Months Ended September 30) | Item | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Total Employee Costs | 15,207 | 17,920 | -2,713 | -15.14% | | - Salaries, Wages and Other Benefits | 13,738 | 14,631 | -893 | -6.10% | | - Contributions to Retirement Benefit Schemes | 1,469 | 3,289 | -1,820 | -55.33% | | Cost of Inventories Recognized as Expense | 18,922 | 18,572 | 350 | 1.88% | [4. Tax Expense](index=8&type=section&id=4.%20Tax%20Expense) For the nine months ended September 30, 2020, the company incurred no tax expense, made no provision for Hong Kong profits tax, and had no significant unprovided deferred tax - For the nine months ended September 30, 2020, the company had no current tax expense[16](index=16&type=chunk) - The corporate income tax rates for the company and its subsidiaries are **15% and 25%**, respectively, effective from January 1, 2017[16](index=16&type=chunk) - No provision for Hong Kong profits tax was made as no income was sourced from Hong Kong, and there was no significant unprovided deferred tax[17](index=17&type=chunk) [5. Dividends](index=9&type=section&id=5.%20Dividends) The Board of Directors decided not to declare an interim dividend for the nine months ended September 30, 2020, consistent with the prior year - The Board of Directors will not declare an interim dividend for the nine months ended September 30, 2020[19](index=19&type=chunk) [6. Loss Per Share](index=9&type=section&id=6.%20Loss%20Per%20Share) For the nine months ended September 30, 2020, basic loss per share was RMB 0.0272, a narrowing from the prior year, with no diluted loss per share presented due to the absence of potentially dilutive ordinary shares Basic Loss Per Share (RMB) | Period | 2020 | 2019 | | :--- | :--- | :--- | | Nine Months Ended September 30 | (0.0272) | (0.0295) | | Three Months Ended September 30 | (0.0013) | (0.0053) | - Basic loss per share is calculated based on the loss attributable to owners of the parent and the weighted average of **480,000,000 shares**[20](index=20&type=chunk) - No diluted loss per share is presented due to the absence of potentially dilutive ordinary shares[20](index=20&type=chunk) [7. Comparative Figures](index=9&type=section&id=7.%20Comparative%20Figures) Certain comparative figures have been reclassified to align with the presentation for the current accounting period - Certain comparative figures have been reclassified to conform with the presentation for the current accounting period[21](index=21&type=chunk) [Management Discussion and Analysis](index=10&type=section&id=Management%20Discussion%20and%20Analysis) This section provides an overview of the company's financial performance and strategic outlook, highlighting revenue trends, expense management, and future market expansion initiatives [Financial Review](index=10&type=section&id=Financial%20Review) For the nine months ended September 30, 2020, the company's revenue slightly decreased by 0.6% to RMB 27,453 thousand, resulting in a loss of RMB 13,069 thousand Key Financial Review Data (Nine Months Ended September 30) | Indicator | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Revenue | 27,453 | 27,613 | -160 | -0.6% | | Loss | 13,069 | - | - | - | [Performance Review and Future Outlook](index=10&type=section&id=Performance%20Review%20and%20Future%20Outlook) The company experienced a shift in sales structure, with a significant decline in electronic product sales offset by growth in commercial application solutions and network security products; management plans to focus on cost control, productivity enhancement, and new market expansion Sales Volume Changes (Nine Months Ended September 30) | Business Category | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Sales of Electronic Products and Accessories | 1,664 | 5,664 | -4,000 | -70.62% | | Commercial Application Solutions and Application Software | 22,406 | 19,531 | 2,875 | 14.72% | | Installation and Maintenance of Network and Data Security Products | 3,383 | 2,418 | 965 | 39.91% | Expense Changes (Nine Months Ended September 30) | Expense Category | 2020 (RMB thousands) | 2019 (RMB thousands) | Year-on-Year Change (RMB thousands) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Administrative Expenses | 7,479 | 9,751 | -2,272 | -23.30% | | Marketing and Sales Expenses | 8,520 | 10,977 | -2,457 | -22.38% | | Research and Development Expenses | 4,102 | 3,143 | 959 | 30.51% | - The company will take proactive measures to monitor its financial position, focus on cost control, and endeavor to expand into new markets, including acquiring new customers through existing client referrals and marketing efforts[25](index=25&type=chunk)[27](index=27&type=chunk) [Directors', Supervisors' and Chief Executive's Interests](index=11&type=section&id=Directors%27%2C%20Supervisors%27%20and%20Chief%20Executive%27s%20Interests) This section details the interests and short positions of the company's directors, supervisors, and chief executive in shares, underlying shares, and debentures, including any rights to acquire H shares [Interests and Short Positions in Shares, Underlying Shares and Debentures](index=11&type=section&id=Interests%20and%20Short%20Positions%20in%20Shares%2C%20Underlying%20Shares%20and%20Debentures) As of September 30, 2020, none of the company's directors, supervisors, or chief executive held any disclosable interests or short positions in shares, underlying shares, or debentures under the SFO or GEM Listing Rules - As of September 30, 2020, none of the directors, supervisors, and chief executive had any disclosable interests or short positions in the shares, underlying shares, and debentures of the company or its associated corporations[28](index=28&type=chunk) [Rights to Acquire H Shares](index=11&type=section&id=Rights%20to%20Acquire%20H%20Shares) As of September 30, 2020, no directors, supervisors, or chief executive were granted share options to subscribe for the company's H shares, nor did they possess any rights to acquire H shares - As of September 30, 2020, no directors, supervisors, or chief executive were granted share options to subscribe for the company's H shares or possessed any rights to acquire H shares[29](index=29&type=chunk) [Major Shareholders' and Other Persons' Interests and Short Positions in the Company's Shares and Underlying Shares](index=12&type=section&id=Major%20Shareholders%27%20and%20Other%20Persons%27%20Interests%20and%20Short%20Positions%20in%20the%20Company%27s%20Shares%20and%20Underlying%20Shares) This section outlines the interests and short positions of major shareholders and other individuals in the company's shares and underlying shares, as required by the SFO [A. Major Shareholders](index=12&type=section&id=A.%20Major%20Shareholders) As of September 30, 2020, Shanghai Jiao Tong University and its affiliates, Xuhui District Regional Industrial Federation and its affiliates, Shanghai Huixin Technology Investment & Management Co., Ltd., and Shanghai Science & Technology Venture Capital Co., Ltd. were identified as major shareholders, each holding over 10% equity Major Shareholders' Shareholding (As of September 30, 2020) | Shareholder Name | Capacity and Nature | Number and Class of Shares | Approximate Percentage of Interest | | :--- | :--- | :--- | :--- | | Shanghai Jiao Tong University | Interest in controlled corporation | 114,000,000 Domestic Shares (L) | 23.75% | | Shanghai Jiao Da Industrial Investment Management (Group) Co., Ltd. | Beneficial owner | 114,000,000 Domestic Shares (L) | 23.75% | | Shanghai New Xuhui (Group) Co., Ltd. | Beneficial owner | 60,000,000 Domestic Shares (L) | 12.50% | | Xuhui District Regional Industrial Federation | Interest in controlled corporation | 60,000,000 Domestic Shares (L) | 12.50% | | Shanghai Huixin Technology Investment & Management Co., Ltd. | Beneficial owner | 57,000,000 Domestic Shares (L) | 11.88% | | Shanghai Science & Technology Venture Capital Co., Ltd. | Beneficial owner | 57,000,000 Domestic Shares (L) | 11.88% | [B. Other Persons Required to Disclose Interests Under Divisions 2 and 3 of Part XV of the Securities and Futures Ordinance](index=13&type=section&id=B.%20Other%20Persons%20Required%20to%20Disclose%20Interests%20Under%20Divisions%202%20and%203%20of%20Part%20XV%20of%20the%20Securities%20and%20Futures%20Ordinance) As of September 30, 2020, Mr. Chen Jianbo held 24,300,000 domestic shares, representing approximately 5.06% of the company's equity, making him an individual required to disclose interests, in addition to the major shareholders Shareholding of Other Persons Required to Disclose Interests (As of September 30, 2020) | Shareholder Name | Capacity and Nature | Number and Class of Shares | Approximate Percentage of Interest | | :--- | :--- | :--- | :--- | | Chen Jianbo | Beneficial owner | 24,300,000 Domestic Shares (L) | 5.06% | - Other than the disclosures above, the directors are not aware of any other persons holding interests or short positions in the shares or underlying shares that are required to be disclosed to the company and the Stock Exchange[35](index=35&type=chunk) [Corporate Governance](index=14&type=section&id=Corporate%20Governance) This section details the company's adherence to corporate governance principles, including policies on competing interests, board practices, securities trading by directors, the audit committee's role, and compliance with the Corporate Governance Code [Competing Interests](index=14&type=section&id=Competing%20Interests) None of the company's directors or management shareholders hold any business interests that compete or may compete with the Group's operations - None of the directors or management shareholders hold any business interests that compete or may compete with the Group's operations[37](index=37&type=chunk) [Board Practices and Procedures](index=14&type=section&id=Board%20Practices%20and%20Procedures) For the nine months ended September 30, 2020, the company complied with the board practices and procedures outlined in Rule 5.34 of the GEM Listing Rules - The company complied with the board practices and procedures set out in Rule 5.34 of the GEM Listing Rules for the nine months ended September 30, 2020[38](index=38&type=chunk) [Code of Conduct for Securities Transactions by Directors](index=14&type=section&id=Code%20of%20Conduct%20for%20Securities%20Transactions%20by%20Directors) The company adopted a code of conduct for directors' and supervisors' securities transactions, no less stringent than GEM Listing Rules, and was unaware of any non-compliance during the nine months ended September 30, 2020 - The company has adopted a code of conduct for securities transactions by directors and supervisors, with terms no less stringent than those required by the GEM Listing Rules[39](index=39&type=chunk) - For the nine months ended September 30, 2020, the company was unaware of any non-compliance with this code of conduct by any director or supervisor[39](index=39&type=chunk) [Audit Committee](index=14&type=section&id=Audit%20Committee) The company's Audit Committee, comprising three independent non-executive directors, is responsible for reviewing and overseeing the Group's financial reporting, risk management, and internal control procedures, and has reviewed the unaudited results for the period - The Audit Committee was established on July 7, 2002, with a clear scope of duties, including reviewing and overseeing financial reporting, risk management, and internal control procedures[40](index=40&type=chunk) - The Audit Committee members include three independent non-executive directors: Mr. Yuan Shumin, Dr. Ni Jing, and Mr. Zhou Guolai[40](index=40&type=chunk) - The Audit Committee has reviewed the company's unaudited results for the nine months ended September 30, 2020[40](index=40&type=chunk) [Purchase, Sale or Redemption of Securities](index=14&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20Securities) For the nine months ended September 30, 2020, neither the company nor its subsidiaries purchased, sold, or redeemed any listed securities - For the nine months ended September 30, 2020, neither the company nor its subsidiaries purchased, sold, or redeemed any listed securities[41](index=41&type=chunk) [Compliance with Corporate Governance Code and Board Members](index=15&type=section&id=Compliance%20with%20Corporate%20Governance%20Code%20and%20Board%20Members) The Board believes the company complied with the Corporate Governance Code provisions in Appendix 15 of the GEM Listing Rules for the nine months ended September 30, 2020, and the report concludes with a list of current Board members - The Board believes that the company has complied with the code provisions of the Corporate Governance Code set out in Appendix 15 of the GEM Listing Rules throughout the nine months ended September 30, 2020[43](index=43&type=chunk) - The current Board members include executive directors Zou Yimin, Shuai Ge, Shang Ling, Hu Lunjie, Xia Weiwei, and Shen Zhimin, as well as independent non-executive directors Yuan Shumin, Ni Jing, and Zhou Guolai[43](index=43&type=chunk)

[Company Overview and Important Notes](index=1&type=section&id=%E5%85%AC%E5%8F%B8%E6%A6%82%E8%A6%BD%E4%B8%8E%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) [GEM Listing Features and Directors' Responsibility Statement](index=2&type=section&id=GEM%E4%B9%8B%E7%89%B9%E8%89%B2) The report emphasizes GEM's role for SMEs with higher investment risks, stating HKEX disclaims responsibility while directors are fully accountable for content accuracy - GEM market targets SMEs, entailing **higher investment risks**, potential **significant market volatility**, and **no guaranteed high liquidity**[2](index=2&type=chunk) - HKEX and the Stock Exchange disclaim responsibility for this report's content, while directors are **fully accountable for its accuracy, completeness, and non-misleading nature**[2](index=2&type=chunk) [Summary](index=3&type=section&id=%E6%A6%82%E8%A6%81) For H1 2020, the Group's turnover decreased by 27.83% to RMB 11.68 million, while loss attributable to owners increased by 7.35% to RMB 12.44 million, with no interim dividend declared Key Financial Highlights for H1 2020 | Metric | H1 2020 (RMB '000) | H1 2019 (RMB '000) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Turnover | 11,683 | 16,188 | -27.83% | | Loss attributable to owners of the parent | (12,436) | (11,584) | +7.35% | | Interim Dividend | Nil | Nil | - | [Financial Statements](index=4&type=section&id=%E4%B8%AD%E6%9C%9F%E6%A5%AD%E7%B8%BE) [Condensed Consolidated Statement of Profit or Loss](index=4&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E6%94%B6%E7%9B%8A%E8%A1%A8(%E6%9C%AA%E7%B6%93%E5%AF%A9%E6%A0%B8)) For H1 2020, turnover decreased by 27.83%, gross profit by 16.94%, while loss before tax and loss for the period expanded, resulting in a basic loss per share of RMB 0.0259 Key Data from Condensed Consolidated Statement of Profit or Loss (For the six months ended June 30) | Metric | 2020 (RMB '000) | 2019 (RMB '000) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Turnover | 11,683 | 16,188 | -27.83% | | Cost of sales | (7,748) | (11,450) | -32.33% | | Gross profit | 3,935 | 4,738 | -16.94% | | Other income | 588 | 387 | +51.94% | | Distribution expenses | (6,531) | (8,255) | -20.99% | | Research and development expenses | (2,454) | (2,200) | +11.55% | | Administrative expenses | (5,679) | (7,217) | -21.31% | | Loss before tax | (10,240) | (11,461) | -10.65% | | Share of loss of an associate | (2,196) | (123) | +1685.37% | | Loss for the period | (12,436) | (11,584) | +7.35% | | Loss attributable to owners of the parent | (12,436) | (11,557) | +7.61% | | Basic loss per share (RMB) | (0.0259) | (0.0241) | +7.47% | [Condensed Consolidated Statement of Financial Position](index=5&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E5%85%A8%E9%9D%A2%E6%94%B6%E7%9B%8A%E8%A1%A8(%E6%9C%AA%E7%B6%93%E5%AF%A9%E6%A0%B8)) As of June 30, 2020, total assets less current liabilities reached RMB 63.25 million, with slight increases in non-current assets and significant rises in trade receivables and trade payables Key Data from Condensed Consolidated Statement of Financial Position | Metric | June 30, 2020 (RMB '000) | December 31, 2019 (RMB '000) | Change (RMB '000) | | :--- | :--- | :--- | :--- | | Non-current assets | 19,609 | 17,220 | +2,389 | | Current assets | 64,487 | 57,777 | +6,710 | | Of which: Trade receivables | 18,480 | 12,151 | +6,329 | | Of which: Bank balances and cash | 38,389 | 38,050 | +339 | | Current liabilities | 20,847 | 16,018 | +4,829 | | Of which: Trade payables | 12,150 | 9,375 | +2,775 | | Net current assets | 43,640 | 41,759 | +1,881 | | Net assets | 63,249 | 58,979 | +4,270 | | Total equity | 63,249 | 58,979 | +4,270 | [Condensed Consolidated Statement of Changes in Equity](index=6&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E6%AC%8A%E7%9B%8A%E8%AE%8A%E5%8B%95%E8%A1%A8(%E6%9C%AA%E7%B6%93%E5%AF%A9%E6%A0%B8)) Equity attributable to owners of the parent decreased from RMB 75.72 million to RMB 63.28 million for H1 2020, mainly due to a net loss of RMB 12.44 million Changes in Equity Attributable to Owners of the Parent (RMB '000) | Metric | January 1, 2020 | Net loss for the period | June 30, 2020 | | :--- | :--- | :--- | :--- | | Equity attributable to owners of the parent | 75,715 | (12,436) | 63,279 | [Condensed Consolidated Statement of Cash Flows](index=6&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E7%8F%BE%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8(%E6%9C%AA%E7%B6%93%E5%AF%A9%E6%A0%B8)) For H1 2020, net cash used in operating activities was RMB 12.71 million, investing activities RMB 0.41 million, and financing activities zero, leading to a net decrease of RMB 12.30 million in cash and equivalents Key Data from Condensed Consolidated Statement of Cash Flows (For the six months ended June 30) | Activity Type | 2020 (RMB '000) | 2019 (RMB '000) | | :--- | :--- | :--- | | Net cash used in operating activities | (12,707) | (13,599) | | Net cash used in investing activities | (411) | (219) | | Net cash used in financing activities | 0 | 0 | | Net decrease in cash and cash equivalents | (12,296) | (13,380) | | Cash and cash equivalents at end of period | 38,389 | 38,050 | [Notes to the Financial Statements](index=7&type=section&id=%E9%99%84%E8%A8%BB) [Basis of Presentation](index=7&type=section&id=1.%20%E5%91%88%E8%81%9A%E5%9F%BA%E6%BA%96) These financial statements are prepared on a going concern basis, adhering to PRC Enterprise Accounting Standards, CSRC, and HKEX Listing Rules - Financial statements are prepared on a **going concern basis**, adhering to **China Enterprise Accounting Standards**, **CSRC disclosure rules**, **HKEX Listing Rules**, and **Hong Kong Companies Ordinance**[9](index=9&type=chunk) [Turnover Analysis](index=7&type=section&id=2.%20%E7%87%9F%E6%A5%AD%E9%A1%8D) Group turnover stems from commercial application solutions, network and data security services, and electronic product sales; H1 2020 saw declines in the first and third categories, but growth in the second - Turnover is primarily generated from **developing and providing commercial application solutions and software**, **installing and maintaining network and data security products**, and **selling electronic products and accessories**[10](index=10&type=chunk) Turnover by Business Type (For the six months ended June 30) | Business Type | 2020 (RMB '000) | 2019 (RMB '000) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Commercial application solutions and application software | 7,512 | 10,196 | -26.32% | | Installation and maintenance of network and data security products | 2,815 | 2,177 | +29.31% | | Sales of electronic products and accessories | 1,356 | 3,815 | -64.46% | | **Total** | **11,683** | **16,188** | **-27.83%** | [Segment Information](index=8&type=section&id=3.%20%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) The Group's primary segments are commercial application solutions and sales of goods, all located in China; H1 2020 saw declines in both revenue and segment profit for solutions, and a significant drop in goods sales - The Group's main business segments are **commercial application solutions** (development and provision of solutions, application software, network, and data security products) and **sales of goods** (computers, electronic products, and accessories)[13](index=13&type=chunk)[16](index=16&type=chunk) - All Group operations and assets are **located in China**, hence no geographical segment information is presented[14](index=14&type=chunk) Segment Revenue and Profit (For the six months ended June 30) | Segment | 2020 Revenue (RMB '000) | 2019 Revenue (RMB '000) | 2020 Segment Profit (RMB '000) | 2019 Segment Profit (RMB '000) | | :--- | :--- | :--- | :--- | :--- | | Commercial application solutions | 10,327 | 12,373 | 1,856 | 2,538 | | Sales of goods | 1,356 | 3,815 | 213 | 387 | | **Total** | **11,683** | **16,188** | **2,069** | **2,925** | [Components of Loss Before Tax](index=9&type=section&id=4.%20%E9%99%A4%E7%A8%85%E5%89%8D%E8%99%A7%E6%90%8D) For H1 2020, staff costs (including directors' emoluments) and cost of inventories recognized as an expense decreased, while auditor's remuneration remained constant Deductions for Loss Before Tax (For the six months ended June 30) | Item | 2020 (RMB '000) | 2019 (RMB '000) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Staff costs (including directors' emoluments) | 11,255 | 13,857 | -18.78% | | Of which: Salaries, wages and other benefits | 10,339 | 11,574 | -10.72% | | Of which: Contributions to retirement benefit schemes | 916 | 2,283 | -59.88% | | Auditor's remuneration | 180 | 180 | 0% | | Cost of inventories recognized as an expense | 7,748 | 14,037 | -44.81% | [Taxation Expense](index=9&type=section&id=5.%20%E7%A8%85%E9%A0%85%E9%96%8B%E6%94%AF) The Group incurred no current taxation expense in H1 2020 or H1 2019, as taxable profits were fully offset by tax losses brought forward, with no Hong Kong profits tax provision - For H1 2020, the Group had **no current taxation expense**, as taxable profits were fully offset by **tax losses brought forward**[19](index=19&type=chunk)[20](index=20&type=chunk) - Group income is **not generated from or derived in Hong Kong**, hence no provision for Hong Kong profits tax[21](index=21&type=chunk) - For H1 2020, there were **no significant unprovided deferred taxes**[21](index=21&type=chunk) [Dividends](index=10&type=section&id=6.%20%E8%82%A1%E6%81%AF) The Board declared **no interim dividend** for H1 2020, consistent with the prior year's corresponding period - The Board declared **no interim dividend** for H1 2020, consistent with **no dividend in H1 2019**[24](index=24&type=chunk) [Loss Per Share](index=10&type=section&id=7.%20%E6%AF%8F%E8%82%A1%E8%99%A7%E6%90%8D) Basic loss per share for H1 2020 increased to RMB 0.0259 from RMB 0.0241 in H1 2019, mainly due to a higher net loss for the period Basic Loss Per Share (RMB) | Period | For the six months ended June 30, 2020 | For the six months ended June 30, 2019 | | :--- | :--- | :--- | | Basic loss per share | (0.0259) | (0.0241) | | Net loss | (12,436,000) | (11,584,000) | | Weighted average number of shares | 480,000,000 | 480,000,000 | - Diluted loss per share is **not presented** due to **no potential dilutive ordinary shares** outstanding during the reporting period[25](index=25&type=chunk) [Trade Receivables](index=10&type=section&id=8.%20%E6%87%89%E6%94%B6%E8%B3%A3%E6%AC%BE) As of June 30, 2020, total trade receivables increased to RMB 18.48 million from RMB 15.43 million at 2019 year-end, driven by rises in the 0-3 and 7-12 month age categories - The Group's general credit term is **30 to 90 days**[26](index=26&type=chunk) Ageing Analysis of Trade Receivables (RMB '000) | Ageing | June 30, 2020 | December 31, 2019 | Change | | :--- | :--- | :--- | :--- | | Within 3 months | 5,908 | 4,783 | +1,125 | | 3 to 6 months | 4,567 | 4,236 | +331 | | 7 to 12 months | 5,405 | 3,273 | +2,132 | | Over 1 year | 2,600 | 3,142 | -542 | | **Total** | **18,480** | **15,434** | **+3,046** | [Trade Payables](index=11&type=section&id=9.%20%E6%87%89%E4%BB%98%E8%B3%A3%E6%AC%BE) As of June 30, 2020, total trade and bills payables increased to RMB 12.05 million from RMB 9.96 million at 2019 year-end, primarily driven by payables within one year Ageing Analysis of Trade and Bills Payables (RMB '000) | Ageing | June 30, 2020 | December 31, 2019 | Change | | :--- | :--- | :--- | :--- | | Within 1 year | 8,070 | 6,970 | +1,100 | | Over 1 year | 3,976 | 2,992 | +984 | | **Total** | **12,046** | **9,962** | **+2,084** | [Share Capital](index=11&type=section&id=10.%20%E8%82%A1%E6%9C%AC) As of June 30, 2020, the company's authorized, issued, and fully paid share capital remained at 480 million shares (RMB 48 million total), with no share options granted during the period Share Capital Structure | Metric | June 30, 2020 | December 31, 2019 | | :--- | :--- | :--- | | Number of authorized, issued and fully paid shares | 480,000,000 shares | 480,000,000 shares | | Par value per share | RMB 0.1 | RMB 0.1 | | Total share capital | RMB 48,000,000 | RMB 48,000,000 | - The company has adopted a share option scheme, but **no share options were granted** during this period[29](index=29&type=chunk)[30](index=30&type=chunk) [Comparative Figures](index=11&type=section&id=11.%20%E6%AF%94%E8%BC%83%E6%95%B8%E6%93%9A) Certain comparative figures have been reclassified to align with the current accounting period's presentation - Certain comparative figures have been **reclassified** to conform with the current accounting period's presentation[31](index=31&type=chunk) [Management Discussion and Analysis](index=12&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E5%8F%8A%E5%88%86%E6%9E%90) [Financial Review](index=12&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) For H1 2020, turnover decreased by 27.83% to RMB 11.68 million, gross profit by 10.12% to RMB 3.94 million, and loss for the period increased by RMB 0.85 million to RMB 12.44 million Key Financial Review Data (For the six months ended June 30) | Metric | 2020 (RMB '000) | 2019 (RMB '000) | YoY Change (RMB '000) | YoY Change (%) | | :--- | :--- | :--- | :--- | :--- | | Turnover | 11,683 | 16,188 | (4,505) | -27.83% | | Gross profit | 3,935 | 4,378 | (443) | -10.12% | | Loss | 12,436 | 11,584 | 852 | +7.35% | [Performance Review and Future Outlook](index=12&type=section&id=%E6%8B%B3%E7%B8%BE%E5%9B%9E%E9%A1%A7%E5%8F%8A%E6%9C%AA%E4%BE%86%E5%B1%95%E6%9C%9B) Sales of electronic products and commercial application solutions declined significantly due to COVID-19, while network and data security services grew; the Group will focus on cost control and new market expansion - Sales of electronic products and accessories **decreased by 64.46%** to **RMB 1.36 million**, primarily due to the **COVID-19 pandemic**[34](index=34&type=chunk) - Sales of commercial application solutions and software **decreased by 26.32%** to **RMB 7.51 million**, primarily due to the **COVID-19 pandemic**[34](index=34&type=chunk) - Sales of network and data security product installation and maintenance **increased by 29.31%** to **RMB 2.82 million**[34](index=34&type=chunk) - The company will focus on **cost control** and seek to **expand into new market areas** through existing client referrals and management's marketing efforts[35](index=35&type=chunk) [Financial Resources and Liquidity](index=13&type=section&id=%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90%E8%88%87%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91) As of June 30, 2020, shareholders' funds were RMB 63.28 million, current assets RMB 64.49 million, and cash RMB 38.39 million, with a current ratio of 309.33% and gearing ratio of 24.79%, deemed healthy by the Board Key Financial Resources and Liquidity Data | Metric | June 30, 2020 (RMB '000) | December 31, 2019 (RMB '000) | Change (RMB '000) | | :--- | :--- | :--- | :--- | | Shareholders' funds | 63,279 | 75,715 | (12,436) | | Current assets | 64,487 | 70,177 | (5,690) | | Bank balances and cash | 38,389 | 35,575 | +2,814 | | Current liabilities | 20,847 | 17,736 | +3,111 | | Net asset value per share (RMB) | 0.13 | 0.16 | (0.03) | | Current ratio | 309.33% | N/A | N/A | | Gearing ratio | 24.79% | 18.98% | +5.81% | - The Directors believe the Group's **financial position is very healthy**[37](index=37&type=chunk) [Capital Structure](index=13&type=section&id=%E8%B3%87%E6%9C%AC%E6%9E%B6%E6%A7%8B) The company's capital structure remained **unchanged** for the six months ended June 30, 2020 - The company's capital structure experienced **no changes** during the reporting period[38](index=38&type=chunk) [Foreign Exchange Risk](index=13&type=section&id=%E5%A4%96%E5%8C%AF%E9%A2%A8%E9%9A%AA) The Group's monetary assets and transactions are primarily in RMB, HKD, and USD; management notes RMB appreciation but sees no significant adverse impact, monitoring foreign exchange risk without a current hedging policy - Group monetary assets and transactions are primarily settled in **RMB, HKD, and USD**, with **limited exchange rate fluctuations**[39](index=39&type=chunk) - Management noted **RMB appreciation against HKD and USD**, but believes there is **no significant adverse impact** on the financial position currently[39](index=39&type=chunk) - The Group currently has **no foreign currency hedging policy**, but will **monitor foreign exchange risk** and consider hedging when necessary[39](index=39&type=chunk) [Employee Information and Remuneration Policy](index=13&type=section&id=%E5%84%AA%E5%93%A1%E8%B3%87%E6%96%99%E5%8F%8A%E8%96%AA%E9%85%AC%E6%94%BF%E7%AD%96) As of June 30, 2020, the Group employed 95 permanent staff (down from 114), with total remuneration (including directors' emoluments) at RMB 10.34 million, based on qualifications, experience, and performance Employee Information and Remuneration | Metric | June 30, 2020 | 2019 | | :--- | :--- | :--- | | Number of permanent staff | 95 persons | 114 persons | | Staff remuneration (including directors' emoluments) | RMB 10,339,000 | RMB 11,574,000 | - Group remuneration and bonus policies are primarily determined by **individual employee qualifications, experience, and performance**[40](index=40&type=chunk) [Significant Investments and M&A](index=14&type=section&id=%E9%87%8D%E5%A4%A7%E6%8A%95%E8%B3%87) For H1 2020, the Group had **no significant investments, acquisitions, or disposals** of subsidiaries, associates, or joint ventures - During the reporting period, the Group had **no significant investments**[42](index=42&type=chunk) - During the reporting period, the Group had **no significant acquisitions or disposals** of subsidiaries, associates, and joint ventures[43](index=43&type=chunk) [Treasury Policy](index=14&type=section&id=%E5%BA%AB%E5%8B%99%E6%94%BF%E7%AD%96) The Group's treasury policy aims to control operations, reduce borrowing costs, and maintain sufficient liquidity for short-term financing, with regular Board review and evaluation - The Group's treasury policy aims to **effectively control treasury operations** and **reduce borrowing costs**[44](index=44&type=chunk) - The Group is committed to maintaining **sufficient cash and cash equivalents** to meet **short-term financing needs**[44](index=44&type=chunk) - The Board **regularly reviews and evaluates** the treasury policy to ensure its adequacy and effectiveness[44](index=44&type=chunk) [Pledge of Assets and Contingent Liabilities](index=14&type=section&id=%E6%9C%AC%E9%9B%86%E5%9C%98%E8%B3%87%E7%94%A2%E6%8A%B5%E6%8A%BC) As of June 30, 2020, the Group had **no pledged assets, significant contingent liabilities, or future plans for major investments or capital assets** - As of June 30, 2020, the Group had **no pledge of assets**[45](index=45&type=chunk) - As of June 30, 2020, the Group had **no significant contingent liabilities**[47](index=47&type=chunk) - As of June 30, 2020, the Group had **no future plans for significant investments or capital assets**[46](index=46&type=chunk) [Directors', Supervisors' and Chief Executive's Interests](index=14&type=section&id=%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%A3%E4%BA%8B%E5%8F%8A%E8%A1%8C%E6%94%BF%E7%B8%BD%E8%A3%81%E6%96%BC%E8%82%A1%E4%BB%BD%E3%80%81%E7%9B%B8%E9%97%9C%E8%82%A1%E4%BB%BD%E5%8F%8A%E5%82%B5%E5%88%B8%E4%B9%8B%E6%AC%8A%E7%9B%8A%E5%8F%8A%E6%B7%A1%E5%80%89) As of June 30, 2020, directors, supervisors, and the chief executive held **no disclosable interests or short positions** in the company's shares or related entities, nor were they granted H-share options - As of June 30, 2020, directors, supervisors, and the chief executive held **no disclosable interests or short positions** in the company's shares, underlying shares, or debentures of the company or its associated corporations[48](index=48&type=chunk) - As of June 30, 2020, directors, supervisors, and the chief executive were **not granted any options** to subscribe for the company's H shares, nor did they possess any rights to acquire them[50](index=50&type=chunk) [Major Shareholders' and Other Persons' Interests](index=15&type=section&id=%E4%B8%BB%E8%A6%81%E8%82%A1%E6%9D%B1%E5%8F%8A%E5%85%B6%E4%BB%96%E4%BA%BA%E5%A3%AB%E6%96%BC%E6%9C%AC%E5%85%AC%E5%8F%B8%E8%82%A1%E4%BB%BD%E5%8F%8A%E7%9B%B8%E9%97%9C%E8%82%A1%E4%BB%BD%E4%B9%8B%E6%AC%8A%E7%9B%8A%E5%8F%8A%E6%B7%A1%E8%B2%AA) As of June 30, 2020, several entities including Shanghai Jiao Tong University were major shareholders with 10% or more equity, while Chen Jianbo held 5.06% of domestic shares Major Shareholders' Shareholding (As of June 30, 2020) | Shareholder Name | Capacity and Nature | Number and Class of Shares | Approximate Percentage of Interest | | :--- | :--- | :--- | :--- | | Shanghai Jiao Tong University | Interest in controlled corporation | 114,000,000 Domestic Shares (L) | 23.75% | | Shanghai Jiao Tong University Industry Investment Management (Group) Co., Ltd. | Interest in controlled corporation | 114,000,000 Domestic Shares (L) | 23.75% | | Shanghai Jiao Tong University Science Park Co., Ltd. | Beneficial owner | 114,000,000 Domestic Shares (L) | 23.75% | | Shanghai Xuhui (Group) Co., Ltd. | Beneficial owner | 60,000,000 Domestic Shares (L) | 12.50% | | Xuhui District Industrial Federation | Interest in controlled corporation | 60,000,000 Domestic Shares (L) | 12.50% | | Shanghai Feixin Technology Investment and Management Co., Ltd. | Beneficial owner | 57,000,000 Domestic Shares (L) | 11.88% | | Shanghai Science and Technology Venture Capital Co., Ltd. | Beneficial owner | 57,000,000 Domestic Shares (L) | 11.88% | Other Persons' Shareholding (As of June 30, 2020) | Shareholder Name | Capacity and Nature | Number and Class of Shares | Approximate Percentage of Interest | | :--- | :--- | :--- | :--- | | Chen Jianbo | Beneficial owner | 24,300,000 Domestic Shares (L) | 5.06% | [Competing Interests](index=17&type=section&id=%E7%AB%B6%E7%88%AD%E6%AC%8A%E7%9B%8A) Directors and management shareholders hold **no competing interests** in businesses that rival or could rival the Group's operations - Directors and management shareholders hold **no interests in businesses that compete or may compete** with the Group's operations[56](index=56&type=chunk) [Corporate Governance](index=17&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB) During the period, the company complied with GEM Listing Rules on Board practices, directors' securities trading, and corporate governance, with the audit committee reviewing unaudited results - The company consistently complied with **Board practices and procedures** under **GEM Listing Rule 5.34** during the reporting period[57](index=57&type=chunk) - The company adopted a **code of conduct for directors' and supervisors' securities transactions**, with **no violations** during the reporting period[58](index=58&type=chunk) - The audit committee has **reviewed the company's unaudited results** for the six months ended June 30, 2020[59](index=59&type=chunk) - The company consistently complied with the **Corporate Governance Code provisions** in **GEM Listing Rules Appendix 15** during the reporting period[61](index=61&type=chunk) - During the reporting period, neither the company nor its subsidiaries **purchased, sold, or redeemed any listed securities** of the company[60](index=60&type=chunk) [Post-Reporting Period Events and Board Information](index=18&type=section&id=%E5%A0%B1%E5%91%8A%E6%9C%9F%E5%BE%8C%E4%B9%8B%E9%87%8D%E5%A4%A7%E4%BA%8B%E4%BB%B6) [Significant Events After Reporting Period](index=18&type=section&id=%E5%A0%B1%E5%91%8A%E6%9C%9F%E5%BE%8C%E4%B9%8B%E9%87%8D%E5%A4%A7%E4%BA%8B%E4%BB%B6) **No significant events** affecting the Group occurred after June 30, 2020 - **No significant events** affecting the Group occurred after June 30, 2020[63](index=63&type=chunk) [Board of Directors](index=18&type=section&id=%E6%96%BC%E6%9C%AC%E5%A0%B1%E5%91%8A%E6%97%A5%E6%9C%9F,%E6%9C%AC%E5%85%AC%E5%8F%B8%E7%9A%84%E8%91%A3%E4%BA%8B%E5%A6%82%E4%B8%8B) As of the report date, the Board of Directors includes six executive directors and three independent non-executive directors - As of the report date, the Board of Directors comprises **six executive directors** (Zou Yimin, Shuai Ge, Shang Ling, Hu Lunjie, Xia Weiwei, Shen Zhimin) and **three independent non-executive directors** (Yuan Shumin, Ni Jing, Zhou Guolai)[64](index=64&type=chunk)

200072c-RA-main 1st Proof 4/5/2020 （於中華人民共和國註冊成立之股份有限公司） （股份代號：8205） 二零二零第一季度業績報告 * 僅供識別 200072c-RA-main 1st Proof 4/5/2020 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板 上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風 險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣的 證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的 市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所《GEM證券上市規則》「(GEM上市規則」）之規定而提供有關上 海交大慧谷信息產業股份有限公司（「本公司」）之資料。本公司各董事（「董事」）願 共同及個別對此負全責。 ...

香港聯合交易所有限公司「聯交所」） ( GEM之特色 | 公司簡介及概要 | 2 | | --- | --- | | 公司資料 | 3 | | 董事長報告書 | 4 | | 管理層討論及分析 | 5 | | 董事、監事及高級管理層簡歷 | 8 | | 監事會報告 | 12 | | 企業管治報告 | 13 | | 環境、社會及管治報告 | 24 | | 董事會報告 | 38 | | 獨立核數師報告 | 47 | | 合併資產負債表 | 51 | | 母公司資產負債表 | 53 | | 合併利潤表 | 55 | | 母公司利潤表 | 57 | | 合併現金流量表 | 59 | | 母公司現金流量表 | 61 | | 合併股東權益變動表 | 62 | | 母公司股東權益變動表 | 64 | | 財務報表附註 | 66 | | 五年財務總結 | 164 | 公司簡介及概要 公司簡介 GEM之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公司帶有較高投資風險。 有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣 ...

\/Ithub SHANGHAI JIAODA WITHUB INFORMATION INDUSTRIAL COMPANY LIMITED* 上海交大慧谷信息產業股份有限公司 (於中華人民共和國註冊成立之股份有限公司) (股份代號：8205) 二零一九年第三季度業績報告 ▼ 優供蔵別 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM之定位,乃為中小型公司提供一個上市的市場,此等公司相比超其他在主板 上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風 險,並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司,在GEM買賣的證券可能會較於主板買賣的 證券承受較大的市場波動風險,同時無法保證在GEM貫賣的證券會有高流通量的 市場。 香港交易及结算所有限公司及聯交所對本報告的內容概不負責,對其準確性或完整 性亦不發表任何聲明,並明確表示概不就因本報告全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 本报告乃遵照聯交所《GEM證券上市規則》(「GEM上市規則」之規定而提供有關上 海交大慧谷信息產業股份有限公司(「本公司」之资料。本公司各董事(「 ...

190271c-main 1st Proof 2/8/2019 （於中華人民共和國註冊成立之股份有限公司） （股份代號：8205） 二零一九中期業績報告 * 僅供識別 190271c-main 1st Proof 2/8/2019 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公 司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎 周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣的證券承 受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因依賴該等內容 而引致的任何損失承擔任何責任。 本報告乃遵照聯交所《GEM證券上市規則》(「GEM上市規則」）之規定而提供有關上海交大 慧谷信息產業股份有限公司（「本公司」）之資料。本公司各董事（「董事」）願共同及個別對 此負全責。本公司董事經作出一 ...

190115c-rep-main 1st Proof 14/5/2019 （於中華人民共和國註冊成立之股份有限公司） （股份代號：8205） 二零一九第一季度業績報告 * 僅供識別 190115c-rep-main 1st Proof 14/5/2019 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板 上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風 險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣的 證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的 市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所《GEM證券上市規則》「(GEM上市規則」）之規定而提供有關上 海交大慧谷信息產業股份有限公司（「本公司」）之資料。本公司各董事（「董事」）願 共同及個別對此 ...