中国国际金融股份有限公司 关于 中船科技股份有限公司 发行股份及支付现金购买资产并募集配套资金 暨关联交易标的资产过户情况 3、本独立财务顾问核查意见不构成对上市公司的任何投资建议或意见，对 投资者根据本独立财务顾问核查意见作出的任何投资决策可能产生的风险，本独 立财务顾问不承担任何责任。 4、本独立财务顾问未委托或授权其他任何机构和个人提供未在本独立财务 顾问核查意见中列载的信息，以作为本独立财务顾问核查意见的补充和修改，或 者对本独立财务顾问核查意见作任何解释或说明。未经本独立财务顾问书面同 意，任何人不得在任何时间、为任何目的、以任何形式复制、分发或者摘录本独 立财务顾问核查意见或其任何内容，对于本独立财务顾问核查意见可能存在的任 何歧义，仅本独立财务顾问自身有权进行解释。 之 独立财务顾问核查意见 独立财务顾问 二〇二三年八月 声明与承诺 中国国际金融股份有限公司接受中船科技股份有限公司委托，担任中船科技 股份有限公司发行股份及支付现金购买资产并募集配套资金暨关联交易之独立 财务顾问，并制作本独立财务顾问核查意见。本独立财务顾问核查意见系依照《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司 ...

证券代码：600072 证券简称：中船科技 编号：临2023-036 中船科技股份有限公司 关于参加中国船舶集团有限公司控股上市公司 2022年度集体业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 5 月 23 日（星期二）下午 14:30-17:30 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com）（以下简称"上证路演中心"） 会议召开方式：现场交流、视频直播和网络文字互动 会议问题征集：投资者可于 2023 年 5 月 22 日（星期一）16:00 前通过 中船科技股份有限公司（以下简称"公司"）公开邮箱（mail@cssckj.com）进 行会前提问。公司将在说明会上对投资者普遍关注的问题进行回复。 公司已分别于 2023 年 4 月 1 日、2023 年 4 月 29 日在上海证券交易所网站 （www.sse.com.cn）披露公司 2022 年年度报告及 ...

2023 年第一季度报告 单位：元 币种：人民币 证券代码：600072 证券简称：中船科技 中船科技股份有限公司 2023 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |-----------------------------------------------|-----------------|---------------------------| | 项目 | 本报告期 | 变动幅度 (%) | | 营业收入 | 669,564,368.84 | 42.26 | | 归属于上市公司股东的净利润 | 1 ...

证券代码：600072 证券简称：中船科技 编号：临 2023-028 中船科技股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2023 年 4 月 18 日（星期二）至 4 月 24 日（星期一）16:00 前登录上 证路演中心网站首页点击"提问预征集"栏目或通过电子邮件方式（mail@cssckj.com） 向中船科技股份有限公司（以下简称"公司"）提出所关注的问题。公司将在说明会上就 投资者普遍关注的问题予以回答。 公司已于 2023 年 4 月 1 日在上海证券交易所网站（http://www.sse.com.cn）披露公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况， 公司计划于 2023 年 4 月 25 日 上午 09:00-10:00 举行 2022 年度业绩说明会，就投资者关 心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经 ...

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 109,947,103.71 for the year 2022, with the parent company reporting a net profit of RMB 53,007,542.55[4]. - The proposed cash dividend distribution is RMB 0.45 per 10 shares, totaling RMB 33,131,244.74, which represents 30.13% of the net profit attributable to shareholders[4]. - The company's operating revenue for 2022 was CNY 3,349,451,670.17, representing a 39.01% increase compared to CNY 2,409,471,909.26 in 2021[16]. - The net profit attributable to shareholders for 2022 was CNY 109,947,103.71, a 37.35% increase from CNY 80,047,823.25 in 2021[17]. - The net profit after deducting non-recurring gains and losses was CNY 91,892,847.99, which is a 17.72% increase compared to CNY 78,059,538.48 in 2021[17]. - The basic earnings per share for 2022 was CNY 0.1493, up 37.35% from CNY 0.1087 in 2021[18]. - The weighted average return on net assets increased to 2.76% in 2022, up 0.73 percentage points from 2.03% in 2021[18]. - The total assets at the end of 2022 were CNY 7,528,895,305.45, a decrease of 4.13% from CNY 7,853,642,486.76 at the end of 2021[17]. - The company's net assets attributable to shareholders at the end of 2022 were CNY 4,020,566,214.25, reflecting a 1.64% increase from CNY 3,955,663,668.72 at the end of 2021[17]. Revenue and Growth - The revenue for the fourth quarter of 2022 was CNY 1,125,782,016.88, contributing to the overall annual growth[20]. - The company achieved an annual revenue of RMB 3,349.45 million in 2022, representing a growth of 39.01% compared to the previous year[24]. - The engineering general contracting revenue increased by 56.82% year-on-year, while the engineering design, surveying, consulting, and supervision revenue decreased by 7.38%[24]. - The company signed a total of 667 new projects during the reporting period, with a cumulative value of approximately RMB 4.016 billion[24]. - The company reported a government subsidy of CNY 23,248,543.62 in 2022, which is relevant to its normal business operations[21]. Cash Flow and Financial Position - The net cash flow from operating activities for 2022 was negative CNY 265,187,085.65, compared to positive CNY 327,625,963.52 in 2021[17]. - The company's net cash flow from investing activities decreased by 74.20% year-on-year, amounting to ¥194,121,653.89[33]. - The net cash flow from financing activities improved, with a decrease of ¥442,349,423.34 compared to a previous year of ¥1,204,428,280.15[33]. - Cash and cash equivalents at the end of the period amounted to ¥1,278,444,955.12, representing 16.98% of total assets, a decrease of 41.77% compared to the previous period[50]. - Accounts receivable increased by 42.56% to ¥57,011,181.19, accounting for 0.76% of total assets[50]. Research and Development - The company’s R&D expenses increased by 46.30% to CNY 104,926,255.63[32]. - The number of R&D personnel is 545, making up 34.67% of the total workforce[46]. - The company is committed to enhancing its research and development efforts to innovate new products and technologies in the maritime industry[90]. Corporate Governance - The company has established four specialized committees under the board to enhance governance and operational efficiency[81]. - The company maintained independence from its controlling shareholder in terms of personnel, assets, and operations, with no reported misuse of funds[83]. - The company is committed to improving its corporate governance structure and ensuring compliance with regulatory requirements to protect shareholder interests[79]. - The company has a board of directors consisting of 12 members, with a mix of independent and non-independent directors[90]. Environmental and Social Responsibility - The company invested a total of 68 million RMB in environmental protection, with 5 million RMB from Guangzhou Longxue Pipe Industry Co., Ltd. and 1.8 million RMB from Shanghai Jiangnan Pipe Industry Co., Ltd.[117]. - The average emission concentration of particulate matter was 20 mg/m³, with a total discharge of 10,813.02 kg, compliant with local environmental standards[118]. - The company has implemented pollution control facilities, including bag dust collectors and wastewater treatment stations, ensuring all pollutants meet discharge standards[120]. - The company has committed to resolving competition issues with its controlling shareholder, China Shipbuilding Group, within five years[133]. Legal and Compliance - The company has not faced any penalties from securities regulatory authorities in the past three years[96]. - The company has not encountered any significant accounting errors or changes in accounting policies during the reporting period[138]. - The company maintains a good integrity status, with no instances of failing to fulfill court judgments or significant debts reported during the reporting period[145]. Strategic Initiatives - The company is actively pursuing market expansion through engineering general contracting and consulting services, adapting to industry trends[75]. - The company plans to issue non-public shares to specific investors, aiming to raise funds for strategic acquisitions, including 100% of China Shipbuilding Industry Corporation and 88.58% of Zhongchuan Wind Power[76]. - The company is exploring opportunities for mergers and acquisitions to strengthen its competitive position in the market[152].

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 624,968,108.76, a decrease of 48.74% compared to CNY 1,219,229,321.99 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 3,961,887.25, down 94.39% from CNY 70,651,280.63 in the previous year[19]. - The total operating revenue for the first half of 2020 was CNY 624,968,108.76, a decrease of 48.7% compared to CNY 1,219,229,321.99 in the same period of 2019[135]. - The company achieved operating revenue of RMB 624.97 million, with its wholly-owned subsidiary, China Shipbuilding Industry Corporation No. 9 Institute, contributing RMB 591.27 million, accounting for 94.61% of total revenue[38]. - The company reported a significant increase in other income, which rose to CNY 6,730,935.36 from CNY 3,173,308.09 in the previous year[136]. - The total comprehensive income for the first half of 2020 was CNY 15,278,029.76, down from CNY 51,247,712.37, a decline of approximately 70.2%[140]. - The company reported a net loss of approximately $39.47 million for the period, compared to a loss of $18.74 million in the previous period, indicating a significant increase in losses[151]. - The total revenue for the group reached approximately 651.84 million, with a slight increase of 0.13% compared to the previous period[80]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY -366,967,771.80, showing a slight improvement from CNY -431,604,134.90 in the previous year[19]. - The cash flow from operating activities showed a net outflow of ¥366,967,771.80, an improvement from the previous year's outflow of ¥431,604,134.90[53]. - The cash and cash equivalents at the end of the period amounted to ¥2,072,292,866.32, representing 19.59% of total assets, an increase of 55.06% from the previous year[59]. - The total cash and cash equivalents at the end of the period amounted to 12,425,078.85 RMB, down from 430,366,640.60 RMB at the end of the previous year[146]. - The company reported a significant increase in interest income to CNY 12,894,080.91 from CNY 3,372,828.50, marking an increase of about 282.5%[139]. - The cash flow from operating activities was negatively impacted by a total outflow of 23,930,911.56 RMB, which was higher than 20,566,927.77 RMB in the same period last year[145]. Assets and Liabilities - The total assets increased by 15.06% to CNY 10,580,549,546.81 from CNY 9,195,870,028.85 at the end of the previous year[19]. - The company's total assets as of June 30, 2020, were CNY 3,823,304,298.41, slightly down from CNY 3,824,273,885.45 at the end of 2019[133]. - The total liabilities of the company were CNY 6,617,261,650.65, up from CNY 5,198,360,336.78, reflecting a rise of approximately 27.29%[129]. - The company's total liabilities were 3,694,665,000 at the end of the reporting period[168]. - The company's cash and cash equivalents decreased to CNY 2,072,292,866.32 from CNY 2,353,872,900.86, a decline of about 11.93%[127]. - The company's long-term receivables decreased by 13.74% to ¥1,425,449,679.46 from ¥1,652,581,742.31 year-on-year[59]. Profitability and Margins - The basic earnings per share decreased by 94.79% to CNY 0.005 from CNY 0.096 in the same period last year[20]. - The weighted average return on net assets decreased by 1.76 percentage points to 0.10% from 1.86% in the previous year[20]. - The gross profit margin for engineering design, surveying, consulting, and supervision increased to 28.70%, up from 27.84% in the previous year, while the gross profit margin for engineering general contracting decreased to 12.32%[41]. - The total operating costs amounted to RMB 498.74 million, with a significant decrease in costs for engineering general contracting due to changes in revenue recognition standards and project delays caused by the COVID-19 pandemic[41]. Risks and Challenges - The company faced risks related to project delays and revenue recognition changes due to the impact of the pandemic[21]. - The company faced operational risks due to the impact of the COVID-19 pandemic, affecting project timelines and supply chains[66]. - The company faces market risks due to project delays and suspensions caused by the COVID-19 pandemic, which may impact its competitive position in the engineering design industry[67]. - Financial risks are heightened as the company relies on EPC and PPP models, leading to significant accounts receivable and inventory, which may strain liquidity[68]. - The company is facing increased competition from large engineering design firms with high qualifications and strong performance records[67]. Strategic Initiatives and Future Outlook - The company aims to enhance its design consulting and engineering contracting capabilities while expanding into mechanical, municipal, and civil construction markets[29]. - The company is committed to high-quality development and innovation, focusing on technology and management model improvements to adapt to market changes[28]. - The company plans to expand its market presence and invest in new product development[86]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[152]. - The company plans to continue implementing targeted poverty alleviation projects in the second half of 2020, focusing on education and healthcare improvements[100]. Research and Development - The company completed 85 patent applications during the reporting period, including 2 invention patents, and received 18 awards for technological progress and excellent engineering design[35]. - The company is engaged in the development of new products and technologies, including the domestic production of binding systems, which is currently undergoing acceptance testing[39]. - The company has allocated approximately $1.93 million for special reserves, indicating a strategic approach to risk management[157]. - The company aims to enhance its technological capabilities through ongoing research and development initiatives[152]. Related Party Transactions - The company has engaged in related party transactions, including purchasing engineering services from its subsidiaries, with transaction amounts such as RMB 6,541,868.31 for engineering fees[78]. - The company has adhered to market pricing principles for related party transactions, ensuring compliance with regulations[78]. - The total amount of related party transactions reported is consistent with market prices, with no significant deviations noted[78]. Environmental and Social Responsibility - The company actively participated in poverty alleviation efforts, purchasing agricultural products worth RMB 127,100 for support[97]. - The company has established environmental protection measures, ensuring no exceedance of pollution limits during the reporting period[101]. - The company transferred and disposed of 525.12 tons of hazardous waste through qualified units during the reporting period[104]. - The company’s subsidiaries have maintained compliance with environmental standards, with no reported exceedances in emissions[102].

Financial Performance - Operating revenue decreased by 17.35% to CNY 2.26 billion for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders decreased by 84.19% to CNY 2.63 million for the first nine months compared to the same period last year[6] - Basic earnings per share decreased by 82.61% to CNY 0.004[7] - The company reported a net profit of CNY 268,962,558.01, slightly up from CNY 266,328,610.53, indicating a growth of 1.0%[19] - Net profit for Q3 2018 was -25,215,610.98 CNY, compared to a profit of 129,306.38 CNY in Q2 2018[28] - The company reported a net profit of -¥57,768.69 for the third quarter, a significant recovery from -¥18,631,563.51 in the same quarter last year[31] Cash Flow - Net cash flow from operating activities improved to CNY -776 million, a significant reduction from CNY -1.29 billion in the same period last year[6] - The net cash flow from operating activities for the first nine months was -¥776,002,883.66, an improvement compared to -¥1,285,102,919.10 in the previous year[35] - The net cash flow from investment activities is $131,041,818.27, a substantial recovery from a net outflow of $384,558,233.25 in the prior year[37] - Cash inflow from operating activities was $139,137,546.50, down from $284,472,593.47 year-over-year, indicating a decrease in operational cash generation[37] Assets and Liabilities - Total assets increased by 3.86% to CNY 11.37 billion compared to the end of the previous year[6] - Total liabilities rose to CNY 7,334,777,715.22, up from CNY 6,882,294,060.59, indicating an increase of 6.5%[19] - Current liabilities totaled CNY 4,836,950,547.37, an increase of 10.1% from CNY 4,392,281,464.48[19] - Cash and cash equivalents balance decreased to ¥1,412,422,271.26 from ¥1,471,820,646.42[17] Shareholder Information - The total number of shareholders reached 80,569 by the end of the reporting period[8] - China Shipbuilding Industry Group Co., Ltd. holds 37.38% of the shares, making it the largest shareholder[8] Research and Development - Research and development expenses rose by 63.58% to ¥41,346,655.57 due to increased R&D projects at subsidiaries[10] - Research and development expenses increased to 21,214,832.61 CNY in Q3 2018, up from 8,899,879.55 CNY in Q2 2018, indicating a focus on innovation[27] Investment Activities - Investment income decreased by 33.85% to ¥61,026,235.91 due to reduced profits from joint ventures[10] - Cash received from investment income increased by 128.68% to ¥104,919,500.11 due to higher interest from entrusted loans[11] - The company plans to publicly transfer 21% equity of a subsidiary, which is expected to positively impact annual profits[12] Other Financial Metrics - The company incurred total operating expenses of ¥2,675,760,298.97 in the first nine months, down from ¥3,128,574,753.77 in the same period last year[35] - The company’s total comprehensive income for Q3 2018 was -24,158,474.13 CNY, compared to -3,470,768.20 CNY in Q2 2018[29] - The company’s management expenses were 43,803,852.55 CNY in Q3 2018, slightly up from 41,821,271.77 CNY in Q2 2018[27]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,446,591,908.50, a decrease of 22.36% compared to CNY 1,863,269,509.29 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2018 was CNY 8,186,129.81, down 38.98% from CNY 13,414,822.22 in the previous year[20]. - Basic earnings per share for the first half of 2018 were CNY 0.011, down 38.89% from CNY 0.018 in the same period last year[21]. - The weighted average return on net assets decreased by 0.15 percentage points to 0.22% compared to 0.37% in the previous year[21]. - The company reported a significant reduction in costs related to ship accessories, attributed to a major asset restructuring completed in 2016[41]. - The total operating cost for the company was RMB 1.259 billion, resulting in a gross profit margin of 12.54%, which is an increase of 2.73 percentage points compared to the previous year[37]. - The company reported a net profit for the first half of 2018 was a loss of CNY 4,533,060.50, compared to a profit of CNY 7,363,156.20 in the previous year[123]. Cash Flow and Assets - The net cash flow from operating activities was negative CNY 562,824,718.87, an improvement from negative CNY 893,039,772.13 in the same period last year[20]. - The total assets at the end of the reporting period were CNY 10,899,223,980.23, a decrease of 0.42% from CNY 10,945,048,146.16 at the end of the previous year[20]. - The company’s cash and cash equivalents decreased to ¥1,419,529,688.88 from ¥1,471,820,646.42, representing a decline of approximately 3.5%[115]. - Accounts receivable decreased to ¥756,198,171.90 from ¥1,182,733,730.85, a reduction of about 36%[115]. - The company reported a significant reduction in accounts receivable, which decreased to CNY 63,887,446.55 from CNY 126,649,539.06, a drop of 49.7%[120]. Business Operations and Strategy - The main business activities include design consulting, engineering contracting, and urbanization construction, with a focus on expanding into non-ship engineering sectors[27]. - The company aims to strengthen its design capabilities, expand its general contracting business, and stabilize its financing operations[30]. - The shipbuilding market has shown signs of recovery, but challenges such as financing difficulties and profitability issues persist[30]. - The company has established a diversified business model that extends from design consulting to comprehensive project management and capital operations[29]. - The company is actively promoting the operation of platform companies to revitalize assets and strengthen industry research[28]. - The company is focusing on technological industrialization and digital platforms to enhance operational services[27]. Project and Revenue Insights - The company achieved a total revenue of RMB 1.447 billion during the reporting period, with its wholly-owned subsidiary, China Shipbuilding Industry Corporation (CSIC) No. 9 Institute, contributing RMB 1.397 billion, accounting for 96.55% of total revenue[35]. - The company has successfully undertaken several significant projects, including the design and construction of the Zhangjiajie Taiwan Style Town project and the 1200T gantry crane project for the Fuchuan Yifan New Energy Offshore Equipment Base[35]. - The overseas design consulting business of CSIC No. 9 Institute has also seen significant success, with projects in Cambodia and Myanmar being secured during the reporting period[35]. - The company reported a total of 639 new projects with a total value of 1.64141 billion RMB during the reporting period[47]. - The total number of ongoing projects is 367, with a total value of CNY 1,164,025,239.00, indicating a strong project pipeline[44]. Cost Management - The total cost for the current period is CNY 1,258,892,977.60, a decrease of 24.78% compared to CNY 1,674,919,181.93 in the same period last year[40]. - The proportion of subcontracting costs in engineering total increased to 71.30%, up from 47.34% year-on-year, reflecting a rise in completed EPC projects[41]. - The cost of land acquisition decreased by 96.59% to CNY 1,363,762.19 from CNY 39,976,151.00 in the previous year, due to slower progress in certain projects[41]. Related Party Transactions - The company reported a total of 288,629,187.26 RMB in related party transactions, accounting for 19.95% of similar transactions[73]. - The company engaged in related party transactions with Guangzhou Wenchong Shipyard Co., Ltd. for 6,713,793.10 RMB, representing 0.53% of similar transactions[72]. - The company emphasized the independence of its decision-making in related party transactions to protect shareholder interests[75]. - The company maintained a focus on fair pricing in related party transactions, adhering to market rates[75]. Environmental and Social Responsibility - The company has committed to continue implementing poverty alleviation projects focusing on education, healthcare, and living conditions improvement[89]. - The wastewater discharge from the subsidiary Longxue Pipe Industry was approximately 6,088 tons, which did not exceed the annual discharge limit[91]. - Environmental protection measures are in place, including the construction of a wastewater treatment station and noise reduction facilities[96]. Governance and Compliance - The company has renewed its appointment of Xinyong Zhonghe Accounting Firm for the 2018 financial audit, with fees set at 600,000 RMB for financial audit and 250,000 RMB for internal control audit[68]. - The integrity status of the company and its controlling shareholder, China Shipbuilding Group, is reported to be good during the reporting period[70]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[65].

Financial Performance - Operating revenue for the current period was ¥579,830,015.16, a decrease of 11.38% year-on-year[6] - Net profit attributable to shareholders of the listed company was ¥4,429,294.55, representing a significant increase of 128.83% compared to the same period last year[6] - Basic earnings per share rose to ¥0.015, an increase of 275.00% from ¥0.004 in the previous year[6] - The weighted average return on net assets increased to 30.2%, up by 21.4 percentage points from the previous year[6] - The company reported an increase in sales revenue to ¥915,924,649.88, up 51.47% compared to the previous period[12] - The company recorded an investment income of ¥11,439,320.16, which is a 120.27% increase from the previous year[12] - The company reported a significant increase in employee compensation payable, rising to ¥47,232,175.48 from ¥6,233,414.83, an increase of 657.73%[12] - The company reported a decrease in government subsidies received, with other operating income falling to ¥942,782.25, down 82.38% from the previous period[12] Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,976,350,764.80, an increase of 0.29% compared to the end of the previous year[6] - The total liabilities increased to ¥6,629,833,235.98 from ¥6,602,281,464.48, a rise of 0.42%[17] - The company's total assets as of March 31, 2018, amounted to CNY 3,862,848,537.02, a decrease from CNY 3,923,071,973.85 at the beginning of the year[22] - Total liabilities decreased to CNY 252,189,862.68 from CNY 315,908,086.22, reflecting a reduction of approximately 20.1%[22] - The company's equity attributable to shareholders increased to CNY 3,610,658,674.34 from CNY 3,607,163,887.63, showing a slight growth[22] Cash Flow - The company reported a net cash flow from operating activities of -¥349,663,071.71, an improvement from -¥653,521,966.32 in the previous year[6] - Cash and cash equivalents at the end of Q1 2018 were CNY 298,522,561.50, down from CNY 304,712,189.07 at the beginning of the year[20] - The net cash flow from operating activities was CNY -349,663,071.71, an improvement from CNY -653,521,966.32 in the previous year[33] - Cash and cash equivalents at the end of the period were CNY 1,191,303,652.88, down from CNY 1,500,662,606.19 at the end of the previous year[33] - The net increase in cash and cash equivalents was -$7,886,291.99, an improvement from -$204,120,863.61 last period[36] Shareholder Information - The number of shareholders at the end of the reporting period was 86,545[8] - The largest shareholder, China Shipbuilding Industry Group Co., Ltd., held 37.38% of the shares[8] Receivables and Prepayments - The increase in accounts receivable was 54.25%, attributed to an increase in bank acceptance bills received by a subsidiary[11] - Prepayments increased by 30.13%, due to higher advance payments made to subcontractors by a subsidiary[11] - The company's prepayments increased to ¥1,247,681,452.26, up 30.2% from ¥958,825,137.55[16] - Accounts receivable decreased to ¥987,253,709.96 from ¥1,182,733,730.85, representing a reduction of 16.5%[16] - Accounts receivable decreased to CNY 81,230,078.80 from CNY 126,649,539.06, indicating a reduction of approximately 35.8%[20] Operating Costs - Total operating costs for Q1 2018 were CNY 594,305,521.64, down 10.5% from CNY 664,549,472.11 year-over-year[25] - The company's operating revenue for Q1 2018 was CNY 19,285,942.53, a decrease of 70.7% compared to CNY 65,802,530.80 in the same period last year[28] - The company incurred an asset impairment loss of CNY 748,137.10, significantly lower than CNY 5,330,654.77 in the previous year[28]

Financial Performance - The net profit attributable to shareholders for 2017 was ¥30,419,191.59, a significant recovery from a loss of ¥42,929,500.08 in 2016, marking an improvement of over 170%[5]. - Total operating revenue for 2017 was ¥4,263,628,598.18, representing a decrease of 19.62% compared to ¥5,304,151,934.91 in 2016[20]. - The net profit attributable to shareholders rose significantly, with the parent company reducing its loss to CNY 37.25 million from CNY 122.55 million in the previous year, a decrease in loss of CNY 85.30 million[23]. - In 2017, the basic earnings per share increased to CNY 0.041 from a loss of CNY 0.080 in 2016, marking a significant recovery[22]. - The company reported a net profit of CNY 22.72 million from non-recurring gains in 2017, compared to CNY 99.04 million in 2016[28]. - The company achieved a total contract amount of RMB 6.295 billion during the reporting period, with an annual revenue of RMB 4.264 billion and a net profit attributable to shareholders of RMB 30.42 million[45]. - The company reported a total of 994 projects completed, with 55,433 million RMB in total value, indicating a strong project pipeline[69]. - The total revenue for the year reached approximately 52,039,721.40 million, with a significant contribution from various subsidiaries[123]. Assets and Liabilities - The net assets attributable to shareholders increased slightly by 0.79% to ¥3,653,201,662.71 at the end of 2017 from ¥3,624,500,142.69 at the end of 2016[21]. - The total assets decreased by 2.08% to ¥10,945,048,146.16 at the end of 2017, down from ¥11,177,662,074.36 at the end of 2016[21]. - The company’s total equity investment decreased from ¥21,039,067.20 to ¥15,141,616.70, a reduction of ¥5,897,450.50, impacting profits by ¥1,904,002.14[33]. - Cash and cash equivalents decreased by 39.64% to ¥1,471,820,646.42, down from ¥2,438,533,258.52 in the previous period[62]. - Accounts receivable decreased by 22.60% to ¥1,182,733,730.85, compared to ¥1,528,141,003.89 last period, due to increased collection of project payments[62]. - Inventory increased by 13.97% to ¥1,414,359,007.86, up from ¥1,241,041,577.40, attributed to unbilled subcontracting projects[62]. - Short-term borrowings increased by 32.57% to ¥2,096,000,000.00, compared to ¥1,581,000,000.00 in the previous period[63]. Cash Flow - The cash flow from operating activities showed a negative net amount of ¥1,054,616,839.10, worsening from a negative cash flow of ¥702,114,914.05 in 2016[21]. - The company reported a net cash flow from operating activities of -RMB 1.055 billion, indicating a 50.21% increase in cash outflow compared to the previous year[48]. - The net cash flow from investing activities increased as there were no significant land payment and construction expenses this period[60]. - The net cash flow from financing activities decreased as there were no fundraising activities this period, unlike the previous year[60]. Business Strategy and Operations - The company is transitioning to a holding platform model, enhancing asset management and investment operations, focusing on engineering design and total contracting services[30]. - The company aims to expand its business into non-ship engineering sectors, including civil construction and overseas projects, as part of its strategic transformation[30]. - The company has diversified its business model to cover the entire construction industry chain, from design consulting to project management and total contracting[32]. - The company is actively involved in the Belt and Road Initiative and urbanization projects, contributing to the overall stability of the construction industry[33]. - The company is committed to integrating advanced technologies such as BIM and energy-saving measures into its project designs, promoting sustainable development[39]. - The company is focusing on new development directions such as elderly care, healthcare, education, and green development, reflecting a strategic shift in response to market changes[67]. - The company plans to enhance its market competitiveness through innovation in technology, business models, and management systems[85]. Research and Development - Research and development expenditure increased by 48.29% to RMB 76.77 million, reflecting the company's commitment to innovation[48]. - The company has increased its patent holdings to 175, a 19% growth compared to 2016, enhancing its competitive edge in various engineering fields[39]. - Total R&D expenditure amounted to ¥76,772,589.50, representing 1.80% of total revenue, with 285 R&D personnel accounting for 15.02% of the total workforce[58]. - The company is exploring strategic acquisitions to bolster its technological capabilities and market share[123]. Governance and Management - The company has a clear policy for the appointment and remuneration of its directors and senior management, reflecting its commitment to corporate governance[164]. - The total pre-tax compensation for the board members and senior management during the reporting period amounted to 8.8236 million CNY[157]. - The company has maintained a consistent approach to governance and management changes, ensuring continuity in leadership roles[165]. - The board of directors held 14 meetings during the year, with 12 conducted via communication methods[179]. - The audit committee confirmed that the financial statements comply with accounting standards and accurately reflect the company's financial status[180]. Risks and Challenges - The company has outlined potential risks in its operations, which investors are advised to review in detail[7]. - The company faces potential risks related to policy changes affecting long-term projects under BT, EPC, and PPP models[86]. - The company operates in a cyclical industry closely tied to macroeconomic conditions, which could adversely affect business scale and profitability if economic conditions decline[87]. - Cost fluctuation risks are present due to the long construction cycles of projects, where material and equipment prices can significantly impact profitability[89]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 83,607, down from 86,545 at the end of the previous month[146]. - The largest shareholder, China Shipbuilding Industry Group Co., Ltd., holds 275,204,726 shares, representing 37.38% of the total shares[148]. - The total number of shares held by the top five shareholders is 354,105,368, which is approximately 49.99% of the total shares[148]. - The report highlights that there are no related party transactions among the top shareholders, ensuring transparency in ownership[148]. Legal Matters - The company has filed a lawsuit against Beijing Zhongguancun Development Construction Co., Ltd. for unpaid project payments totaling RMB 90,502,168.36[110]. - The company has initiated legal proceedings to recover RMB 44,556,782.00 in material costs due to contract disputes with Shanghai Yingzhou[110]. - There are no major litigation or arbitration matters reported for the current year[109].