HAITIAN ANTENNA(08227)

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海天天线(08227) - 证券变动月报表 - 2025年8月份
2025-09-02 03:01
截至月份: 2025年8月31日 狀態: 新提交 致:香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 公司名稱: 西安海天天线科技股份有限公司 呈交日期: 2025年9月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 内资股 | | | | | | 多櫃檯證券代號 | | 說明 | | | | | | | | | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,251,864,294 RMB | | 0.1 RMB | | 125,186,429.4 | | 增加 / 減少 (-) | | | | | RMB | | | | 本月底結存 | | | 1,251,864,294 RMB | | 0.1 RMB ...
海天天线发布中期业绩 归母净亏损438.05万元 同比收窄21.38%
Zhi Tong Cai Jing· 2025-08-29 16:35
海天天线(08227)发布截至2025年6月30日止6个月中期业绩,营业总收入人民币558.5万元,同比减少 35.5%;归母净亏损438.05万元,同比收窄21.38%;每股亏损0.00231元。 ...
海天天线(08227)发布中期业绩 归母净亏损438.05万元 同比收窄21.38%
智通财经网· 2025-08-29 16:33
智通财经APP讯,海天天线(08227)发布截至2025年6月30日止6个月中期业绩,营业总收入人民币558.5 万元,同比减少35.5%;归母净亏损438.05万元,同比收窄21.38%;每股亏损0.00231元。 ...
海天天线(08227) - 2025 - 中期业绩
2025-08-29 11:36
(股份代號:8227) (於中華人民共和國註冊成立之股份有限公司) 西安海天天綫科技股份有限公司 XI'AN HAITIAN ANTENNA TECHNOLOGIES CO., LTD.* 截至2025年6月30日止六個月之 中期業績公告 香港聯合交易所有限公司(「聯交所」)GEM(「GEM」)的特色 GEM之定位,乃為中小型公司提供一個上市之市場,此等公司相比起其他在聯交所上 市之公司帶有較高投資風險。有意投資之人士應了解投資於該等公司之潛在風險,並應 經過審慎周詳之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買賣之證券可能會較於聯交所主板買 賣之證券承受較大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通量之 市場。 香港交易及結算所有限公司及聯交所對本公告之內容概不負責,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公告全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 本公告之資料乃遵照GEM證券上市規則(「GEM上市規則」)而刊載,旨在提供有關西安 海天天綫科技股份有限公司(「本公司」)之資料,各本公司董事(「董事」)願就本公告之 資 ...
海天天线(08227) - 董事会会议通告
2025-08-13 09:00
香港交易及結算所有限公司及香港聯合交易所有限公司對本通告之內容概不負責,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通告全部或任何部份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 西安海天天 綫科技股份有 限公司 XI'AN HAITIAN ANTENNA TECHNOLOGIES CO., LTD.* (於中華人民共和國註冊成立之股份有限公司) (股份代號: 8227) 董事會會議通告 西安海天天綫科技股份有限公司(「本公司」)董事(「董事」)會(「董事會」)謹此宣佈, 董事會會議將於2025年8月29日(星期五)下午4時正假座中華人民共和國(「中國」)陝西省西 安市高新技術產業開發區碩士路25號3樓會議室舉行,以處理下列事項: 1. 審議及批准本公司及其附屬公司(「本集團」)截至2025年6月30日止6個月未經審計合併中期 業績; 2. 審議及批准將於香港聯合交易所有限公司GEM(「GEM」)網站及本公司網站刊載之本集團截至 2025年6月30日止6個月未經審計合併中期業績公告草稿; 3. 考慮派發中期股息,如有; 4. 考慮暫停辦理本公司之股東登記手續,如需要;及 5. 處理 ...
海天天线(08227) - 证券变动月报表 - 2025年7月份
2025-08-01 07:36
股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致:香港交易及結算所有限公司 公司名稱: 西安海天天线科技股份有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 内资股 | | | | | | | | 多櫃檯證券代號 | | 說明 | | | | | | | | | | | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,251,864,294 | RMB | | 0.1 | RMB | | 125,186,429.4 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本 ...
海天天线(08227.HK)6月12日收盘上涨8.26%,成交996港元
Jin Rong Jie· 2025-06-12 08:39
Company Overview - Xi'an Hai Tian Tian Xian Technology Co., Ltd. was founded in 1992 and listed on the Hong Kong Stock Exchange in November 2003 [2] - The company is one of the earliest providers of mobile communication system products and services in China and is recognized as a national high-tech enterprise [2][3] - The company focuses on independent innovation and has developed over 400 types of products related to mobile communication antennas and microwave engineering [3] Financial Performance - As of December 31, 2024, the company achieved total revenue of 21.96 million yuan, a year-on-year increase of 67.74% [1] - The net profit attributable to the parent company was -15.88 million yuan, with a year-on-year increase of 63.05% [1] - The gross profit margin stood at 33.83%, while the debt-to-asset ratio was 193.52% [1] Market Position and Valuation - The company's price-to-earnings (P/E) ratio is -25.45, ranking 37th in the information technology equipment industry, which has an average P/E ratio of 44.22 [1] - Other companies in the same industry have P/E ratios ranging from 3.45 to 6.26 [1] Innovation and R&D - The company emphasizes the development of proprietary intellectual property and has over a hundred patented technologies [3] - It has undertaken several key research projects for various national ministries [3] - The company aims to integrate and expand its industry chain while focusing on mobile communication products and services [3]
海天天线(08227) - 2024 - 年度财报
2025-04-30 09:00
Financial Performance - The total revenue for the year ending December 31, 2024, was approximately RMB 21.96 million, representing an increase of about 168% compared to the same period in 2023[10]. - Revenue from antenna product sales and related services increased from approximately RMB 7.73 million in 2023 to about RMB 14.31 million, accounting for approximately 68% of the company's main business income[11]. - Revenue from agricultural product sales rose from approximately RMB 4.55 million last year to about RMB 6.88 million, making up around 32% of the company's main business income[12]. - The company achieved a gross profit of approximately RMB 7.43 million, with a gross margin of about 34%, an increase of 18% compared to the gross margin of approximately 16% in 2023[15]. - The net loss for the year was approximately RMB 15.76 million, a reduction of about 63% compared to the net loss of approximately RMB 42.99 million in 2023[21]. - Management expenses decreased from approximately RMB 19.21 million last year to about RMB 12.16 million this year, a reduction of approximately 37%[19]. - The company reported a segment profit of approximately RMB 0.54 million from the agricultural products sales segment, while the antenna products sales segment reported a loss of approximately RMB 9.59 million due to production scale being below normal operating levels[18]. - As of December 31, 2024, sales to the top five customers accounted for approximately 68.85% of the company's main business revenue, down from 81.12% in 2023[26]. - The company reported a net loss of RMB 15,760,875.92 for the fiscal year 2024, indicating a continued loss trend[67]. - As of the end of 2024, the company's net asset value was RMB -46,759,183.15, reflecting significant financial distress[67]. - The operating revenue for 2024 was RMB 21,960,142.24, with a negative operating cash flow of RMB -2,064,152.68[67]. - Current liabilities exceeded current assets by RMB 59,406,846.97, leading to overdue debts[67]. Corporate Governance - The board of directors consists of nine members, including the chairman and vice-chairman, ensuring a balance of executive and non-executive directors[40]. - The company has adopted and complied with all corporate governance code provisions as of the reporting date[38]. - The board is responsible for overseeing the preparation of financial statements, ensuring they present a true and fair view of the group's financial position and performance[42]. - The company had no CEO position as of December 31, 2024, with daily management handled by all executive directors[44]. - The board held a total of 7 meetings during the fiscal year ending December 31, 2024, ensuring effective management and monitoring of the group's operations[46]. - All directors attended 100% of board meetings and shareholder meetings, demonstrating strong engagement and commitment[47]. - The company emphasizes continuous professional development for all directors, ensuring they stay updated on governance and regulatory requirements[48]. - The board consists of one female director and eight male directors, reflecting a gender diversity ratio of 11% female to 89% male[53]. - The company recognizes the importance of diversity in its workforce, with a gender ratio of 67% male and 33% female among employees[54]. - The company has implemented appropriate insurance for directors and senior officers to protect against risks arising from their duties[51]. - All independent non-executive directors confirmed their independence according to GEM listing rules, ensuring unbiased oversight[52]. - The company is committed to improving gender equality within its workforce and aims to enhance gender balance in the medium term[55]. - The board will continue to review its diversity policy to ensure its ongoing effectiveness and alignment with stakeholder expectations[54]. Risk Management and Compliance - The company acknowledges significant uncertainties that may impact its ability to continue as a going concern[68]. - Despite the financial challenges, the preparation of financial statements is based on the assumption of the company's ability to operate as a going concern[69]. - The company has established an effective risk management and internal control system in accordance with the corporate governance code principle D.2[76]. - The board will regularly review the dividend policy, considering factors such as financial performance, retained earnings, liquidity, and future cash needs[81]. - The company has adopted a policy for timely and accurate disclosure of significant information to shareholders[77]. - The company has confirmed the effectiveness of its shareholder communication policy after a review for the year ending December 31, 2024[85]. - The company has established a robust anonymous reporting mechanism to encourage employees to report any illegal or dishonest behavior, ensuring confidentiality for whistleblowers[161]. - The company has implemented strict internal controls to prevent corruption and has established an audit committee to oversee compliance with financial reporting and governance requirements[160]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to sustainable development, focusing on resource efficiency and carbon reduction[100]. - The company emphasizes the importance of a quality work environment for employees and safety in the production process[100]. - The company conducts regular ESG meetings to ensure compliance with legal requirements and stakeholder expectations[95]. - The ESG report covers the company's overall performance, risks, strategies, and commitments from January 1, 2024, to December 31, 2024[96]. - The group adheres to the reporting principles outlined in the Environmental, Social, and Governance (ESG) Reporting Guidelines, ensuring the importance of stakeholder opinions in identifying key issues[101]. - The board of directors is responsible for overseeing ESG risk management and has established a vision focused on people, technological innovation, social service, and excellence[111]. - The ESG working group identifies and assesses ESG risks and opportunities, coordinating audits and information disclosure[112]. - The group actively engages with stakeholders through various communication channels to understand their concerns and improve relevant policies[109]. - The group emphasizes the importance of financial status and operational conditions to shareholders and investors, ensuring transparency through annual meetings and financial reports[108]. - The group has established a dedicated investor hotline to facilitate timely communication with investors, media, and the public[109]. - The group is committed to enhancing its ESG performance and creating greater value for the community[108]. - The company has established effective management policies and internal control systems for ESG issues, ensuring compliance with ESG reporting guidelines[118]. - The company adheres to national environmental laws and regulations, including the Air Pollution Control Ordinance and the Solid Waste Pollution Prevention Law, ensuring no significant air pollution emissions during production[119]. - Waste disposal is managed under strict guidelines, with no significant hazardous waste generated during operations[120]. - The company implements measures to reduce electronic waste, including encouraging the reuse of functioning electronic products and ensuring quality in purchasing[121]. - Wastewater generated is primarily domestic, treated appropriately before discharge into municipal systems to minimize environmental impact[122]. - The company has a clear departmental division for environmental supervision, with administrative departments overseeing energy consumption and environmental protection measures[117]. - The total energy consumption decreased to 199,569.89 kWh in 2024 from 350,509.09 kWh in 2023, representing a reduction of approximately 43%[129]. - Greenhouse gas emissions (Scope 1 and Scope 2) dropped to 101,928.44 kg CO2 equivalent in 2024 from 194,945.13 kg in 2023, a decrease of about 48%[129]. - The company achieved a reduction in nitrogen oxides (NOx) emissions to 19.59 kg in 2024 from 25.73 kg in 2023, a decline of approximately 24%[129]. - The total water consumption was reduced to 1,342.00 cubic meters in 2024 from 3,992.00 cubic meters in 2023, indicating a decrease of about 66%[129]. - The density of greenhouse gas emissions per million RMB revenue improved to 7,123.49 kg in 2024 from 25,235.09 kg in 2023, reflecting a significant enhancement in efficiency[129]. - The company has implemented measures to encourage employees to adopt energy-saving habits, such as turning off appliances when not in use and promoting recycling[124]. - The organization has established an effective environmental management system to mitigate the impact of its operations on the environment[125]. - The company is actively managing climate-related risks and has developed emergency response plans to ensure business continuity during extreme weather events[126]. - The total hazardous waste generated decreased to 3.93 kg in 2024 from 6.55 kg in 2023, a reduction of approximately 40%[129]. - The company is committed to continuous improvement in resource efficiency and regularly reviews its environmental measures to adapt to operational conditions[128]. Employee Management and Development - The group had 39 full-time employees, down from 56 in 2023, with total employee costs amounting to approximately RMB 4.61 million, a decrease from RMB 11.88 million in 2023[31]. - Employee turnover rate decreased to 35.79% in 2024 from 63.91% in 2023[135]. - Total number of employees reduced to 39 in 2024 from 56 in 2023[137]. - Male employees decreased to 26 in 2024 from 38 in 2023, while female employees decreased to 13 from 18[137]. - Full-time employees decreased to 37 in 2024 from 52 in 2023, and part-time employees decreased to 2 from 4[137]. - Employee retention improved significantly across age groups, with the turnover rate for ages 20-29 rising to 200.00% in 2024 from 93.33% in 2023[135]. - The company adheres to various labor laws and regulations, ensuring compliance in employee treatment and benefits[134]. - The company emphasizes a safe working environment, strictly following safety regulations and conducting regular safety training[138]. - The company provides various employee benefits, including paid annual leave, maternity leave, and sick leave[131]. - The company has established a comprehensive performance evaluation and promotion mechanism to ensure fair opportunities for all employees[132]. - The company maintains a commitment to diversity and equal opportunity in hiring and promotion practices[133]. - Total number of employees participating in training decreased from 44 in 2023 to 38 in 2024, representing a participation rate of 97.44%[141]. - The average training hours for male employees increased from 37 hours in 2023 to 38 hours in 2024, while female employees maintained an average of 52 hours[141]. - The company has implemented multiple safety measures to ensure occupational health and safety, with no reported work-related fatalities or serious injuries in the past three years[140]. - The internal promotion mechanism is based on fairness and transparency, prioritizing existing employees for vacancies to enhance confidence and reduce turnover[143]. Supply Chain Management - Approximately 25 domestic suppliers were managed during the reporting period, emphasizing the importance of supply chain management for sustainability and product quality[146]. - The procurement management system includes criteria for supplier selection and risk assessment, ensuring a competitive and transparent bidding process[147]. - The company has not employed child labor or forced labor, adhering strictly to local labor laws and regulations[145]. - Employee training programs include onboarding, skills training, mindset training, and comprehensive quality assessments to enhance overall employee capabilities[142]. - The proportion of employees participating in training increased significantly from 78.57% in 2023 to 97.44% in 2024[141]. - The company actively monitors and prohibits harassment and bullying in the workplace, maintaining high ethical standards[144]. - The company advocates for a green and sustainable supply chain model, emphasizing environmental protection from R&D to production[148]. - Regular audits of suppliers are conducted to ensure compliance with contractual obligations and national laws, promoting a sustainable supply chain[149]. - The company adheres strictly to various laws regarding product quality and consumer rights, ensuring environmentally friendly and safe production processes[150]. - No significant complaints regarding product quality or service delivery were received during the reporting period[151]. - The company has established a comprehensive customer complaint and product recall compensation mechanism, ensuring clear guidelines for handling complaints[154]. - There were no product recalls due to safety and health issues during the reporting period[155]. - The company places high importance on intellectual property protection, adhering to relevant laws and implementing strict confidentiality measures[156]. - No significant intellectual property infringement incidents occurred during the reporting period, with reasonable measures taken to prevent such infringements[157]. - The company adheres to high standards of integrity and has established a series of anti-corruption management systems in response to China's anti-corruption policies[158]. - The company has not identified any significant legal cases related to corruption, bribery, extortion, fraud, or money laundering during the reporting period[162].
海天天线(08227) - 2024 - 年度业绩
2025-03-28 10:08
Financial Performance - The company reported a net loss attributable to shareholders of RMB -458,090,029.50 for the year ended December 31, 2024, compared to a loss of RMB -442,207,777.30 in 2023[6]. - The net loss for 2024 was RMB 15,760,875.92, an improvement compared to a net loss of RMB 42,993,598.60 in 2023, indicating a reduction of approximately 63.4%[10]. - The total profit (loss) for 2024 was RMB -15,747,640.30, compared to RMB -42,986,960.99 in 2023, reflecting a notable improvement[8]. - The company reported a net profit of -15,760,875.92 RMB for the fiscal year 2024, indicating continued losses[19]. - The company reported a significant increase in operational efficiency, reducing employee compensation expenses by approximately RMB 660,000[70]. Revenue and Costs - Total operating revenue for 2024 reached RMB 21,960,142.24, a significant increase from RMB 13,091,468.20 in 2023, representing a growth of approximately 67.5%[8]. - Total operating costs decreased to RMB 32,593,905.84 in 2024 from RMB 41,019,887.74 in 2023, a reduction of about 20.5%[8]. - Revenue from antenna products and related services was 14,308,783.44, while the cost of goods sold was 7,678,793.51, resulting in a segment loss of 9,593,077.66[50]. - The cost of goods sold for the year was ¥14,531,699.55, compared to ¥11,034,415.18 in the previous year, representing an increase of 31.5%[32]. Assets and Liabilities - The total assets of Xi'an Haitian Antenna Technologies Co., Ltd. decreased from RMB 58,564,833.84 as of December 31, 2023, to RMB 49,999,190.96 as of December 31, 2024, representing a decline of approximately 14.7%[4]. - Total liabilities increased from RMB 89,563,141.07 in 2023 to RMB 96,758,374.11 in 2024, reflecting an increase of about 8.1%[5]. - The company's total equity decreased from RMB -30,998,307.23 in 2023 to RMB -46,759,183.15 in 2024, indicating a decline in shareholder equity[6]. - The total liabilities to total assets ratio increased from approximately 1.53 in 2023 to 1.94 in 2024, indicating a higher leverage position[5]. - The company has reported a significant increase in liabilities, with current liabilities exceeding current assets by 59,406,846.97 RMB[19]. Cash Flow and Financial Health - The company's cash and cash equivalents rose significantly from RMB 1,991,322.95 in 2023 to RMB 3,134,837.66 in 2024, an increase of approximately 57.3%[4]. - The operating revenue for 2024 was 21,960,142.24 RMB, with a negative operating cash flow of -2,064,152.68 RMB[19]. - As of the end of 2024, the company's net assets stood at -46,759,183.15 RMB, reflecting significant financial challenges[19]. - The company has disclosed plans to improve its financial situation, although there are significant uncertainties regarding its ability to continue as a going concern due to ongoing losses and liabilities exceeding assets[63]. Research and Development - Research and development expenses decreased to RMB 1,969,895.65 in 2024 from RMB 5,657,550.50 in 2023, a decline of about 65.2%[8]. - Research and development expenses for the year were approximately RMB 1,970,000, primarily aimed at improving existing antenna products based on market and customer feedback[71]. - In 2025, the company will focus on independent innovation and enhancing product R&D to improve competitiveness, particularly in lens technology applications in various fields including WiFi devices, aiming for a gain of up to 10dBi[78]. Management and Governance - The company has adopted and complied with all corporate governance codes as per GEM listing rules, ensuring transparency and accountability[91]. - The audit committee reviewed the group's annual performance for the year ending December 31, 2024, and the interim performance for the six months ending June 30, 2024, confirming compliance with applicable accounting standards and regulations[94]. - The board confirmed that the information in the announcement is accurate and complete, with no misleading or fraudulent elements[110]. Customer and Supplier Relations - Sales to the top five customers accounted for approximately 68.85% of the company's main business revenue for the year ending December 31, 2024, down from 81.12% in 2023[80]. - The procurement amount from the top five suppliers represented about 44% of the total procurement for the year ending December 31, 2024, compared to 43.96% in 2023[80]. Future Outlook - The company plans to enhance internal management and optimize personnel allocation to improve efficiency in 2025[19]. - The company is actively working on reducing costs and expenses by fully utilizing existing resources[21]. - The company plans to actively participate in innovative application projects like "Signal Upgrade" and "Broadband Frontier," promoting lens antennas in remote areas to improve network service quality and support local economic development[79].
海天天线(08227) - 2024 - 中期财报
2024-08-28 14:06
Financial Performance - For the six months ended June 30, 2024, the group recorded an unaudited net loss of approximately RMB 5.51 million, compared to an unaudited net loss of approximately RMB 11.96 million for the same period in 2023[2]. - The unaudited total revenue for the six months ended June 30, 2024, was approximately RMB 8.66 million, representing an increase of about 169% compared to the unaudited total revenue of approximately RMB 5.13 million for the same period in 2023[2]. - The company reported a total loss of RMB 5.51 million for the operating profit for the six months ended June 30, 2024, compared to a loss of RMB 12.44 million for the same period in 2023[6]. - The total comprehensive income attributable to the parent company for the first half of 2024 was approximately RMB (5.57) million, compared to RMB (11.94) million in 2023, reflecting an improvement of about 53%[15]. - The company reported a total loss of RMB (5,507,270.13) for the first half of 2024, an improvement from a loss of RMB (11,964,427.63) in the same period of 2023[44]. Revenue and Expenses - Operating costs for the six months ended June 30, 2024, were RMB 14.47 million, a decrease from RMB 17.59 million for the same period in 2023[6]. - Research and development expenses for the six months ended June 30, 2024, were RMB 1.00 million, significantly reduced from RMB 3.25 million for the same period in 2023[6]. - The gross profit for the six months ended June 30, 2024, was approximately RMB 3.49 million, with a gross margin of 40%, up from 38% in the same period of 2023[49]. - The total operating expenses for the first half of 2024 amounted to ¥1,509,091.26, slightly lower than ¥1,525,249.06 in the same period of 2023, showing a decrease of approximately 1.1%[30]. - Management expenses for the first half of 2024 were ¥6,625,145.97, down from ¥9,396,176.20 in the first half of 2023, indicating a reduction of about 29.5%[32]. Assets and Liabilities - The total assets as of June 30, 2024, amounted to RMB 52.61 million, a decrease from RMB 58.56 million as of December 31, 2023[4]. - The total liabilities as of June 30, 2024, were RMB 89.12 million, slightly down from RMB 89.56 million as of December 31, 2023[4]. - The company's total comprehensive income for the period decreased by RMB 11,935,072.66, reflecting a significant decline in performance compared to the previous period[16]. - The total accounts payable as of June 30, 2024, was ¥6,672,946.50, a decrease from ¥6,983,288.79 as of December 31, 2023, reflecting a reduction of approximately 4.5%[25]. - The group’s asset-liability ratio was approximately 278.64% as of June 30, 2024, down from 397.15% in 2023[55]. Cash Flow - Total cash inflow from operating activities decreased to approximately RMB 7.71 million in 2024 from RMB 9.28 million in 2023, a decline of about 17%[10]. - Cash outflow from operating activities was approximately RMB 11.70 million in 2024, down from RMB 16.24 million in 2023, indicating a reduction of about 28%[10]. - The net cash flow from investment activities was approximately RMB 475,750 in 2024, compared to a net outflow of RMB 43,500 in 2023, marking a significant turnaround[12]. - Cash and cash equivalents at the end of June 30, 2024, totaled approximately RMB 1.19 million, down from RMB 1.35 million at the end of the same period in 2023, a decline of about 12%[13]. - The company’s cash and cash equivalents as of June 30, 2024, were RMB 1.43 million, down from RMB 1.99 million as of December 31, 2023[3]. Shareholder Information - Mr. Xiao Bing holds 485,832,335 domestic shares, representing approximately 38.81% of all issued domestic shares and 25.60% of all issued shares[65]. - Major shareholders include Ms. Jin Rongfei with 50,000,000 shares (3.99%) and Shaanxi Yinjit Investment Co., Ltd. with 20,000,000 shares (1.60%)[73]. - The company has seen a transfer of shares, with Mr. Xiao Bing transferring 57,000,000 shares to Mr. Chen Ren and 8,000,000 shares to Ms. Ma Xiuling in Q2 2023[78]. - The company is actively managing its shareholder structure, with multiple entities holding significant stakes, including Guotai Junan International and Guotai Junan Holdings[79]. - The company’s strategic focus includes maintaining a diverse shareholder base to enhance market stability and investor confidence[79]. Corporate Governance - The company has complied with the corporate governance code as per GEM Listing Rules Appendix C1 for the six months ended June 30, 2024[85]. - The audit committee reviewed the unaudited consolidated results for the six months ended June 30, 2024, and confirmed compliance with applicable accounting standards and regulations[88]. - The company has not reported any changes in accounting policies or prior period error corrections during the current reporting period[18]. - The company has not reported any new product launches or technological advancements during this period[27]. - The company has not provided specific guidance for future performance or market expansion strategies[27].