Financial Position - The total equity of the company at the end of the previous year was approximately RMB 2.69 billion, with a capital reserve of approximately RMB 5.02 billion and a paid-in capital of approximately RMB 3.41 billion[3]. - The company's total assets at the end of 2022 were CNY 6,431,790,605.20, a decrease of 4.35% from the previous year[116]. - The company’s net assets attributable to shareholders increased by 61.66% to CNY 2,403,273,775.04 by the end of 2022[116]. - The company reported a negative retained earnings balance at the end of 2022, leading to no profit distribution or capital reserve increase for the year[98]. Operational Performance - The operating income for 2022 was CNY 905,536,959.56, representing an increase of 11.24% year-on-year[116]. - The net profit attributable to shareholders for 2022 was CNY 401,200,132.60, a decrease of 48.46% compared to the previous year[108]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,008,353.38, compared to a loss of CNY 720,673,812.89 in the previous year[116]. - The company’s cash flow from operating activities was negative at RMB -305,428,616.53[144]. - The company achieved operating revenue of RMB 905,536,959.56 in 2022, representing a year-on-year growth of 11.24%[147]. Governance and Compliance - The company held a total of 1 annual general meeting and 7 extraordinary general meetings during the reporting period, ensuring compliance with legal and regulatory requirements for shareholder rights[64]. - The company’s controlling shareholder strictly adhered to legal regulations, ensuring independence in personnel, assets, finance, and operations[65]. - The company has implemented 39 new regulations to optimize decision-making processes and improve operational efficiency[130]. - The company received a standard unqualified audit report from Zhongxing Caiguanghua Accounting Firm for the fiscal year[97]. Strategic Focus and Development - The company aims to become a leading enterprise in software and new infrastructure within the Tianjin state-owned assets system during the "14th Five-Year Plan" period[83]. - In 2023, the company will focus on its strategic positioning as an integrator of intelligent manufacturing and digital transformation solutions, following its bankruptcy restructuring[84]. - The company plans to enhance its software development capabilities by building a core route for Tianjin's information innovation, focusing on six major chips and two operating systems[85]. - The company is committed to supporting the national digital economy development plan, focusing on the deep integration of digital technology and the real economy[181]. Risk Management - The company faces policy risks due to increasing energy efficiency requirements for data centers, which may impact performance if adjustments are not made in a timely manner[86]. - Macroeconomic factors such as economic downturns and international trade disputes may introduce uncertainties in the company's operations, potentially affecting project financing and supply chain stability[89]. Research and Development - The company has accumulated 39 patents (33 invention patents) and 257 software copyrights, showcasing its strong R&D capabilities[168]. - The company has invested significantly in R&D to enhance core technology advantages in software products[150]. - The company is focusing on enhancing its independent research and development capabilities to strengthen its position in the domestic "信创" (trusted innovation) industry[187]. Product and Service Offerings - The company has developed the "Zhuolang Tiangong" product, which covers multiple fields in industrial software, enhancing smart manufacturing levels and providing reliable data support for enterprise management[151]. - The company has successfully integrated its software development, system integration, and data center services into a full-chain business model[190]. - The company has developed various products including the Tian工 digital twin system and the Tian工 MES system, aimed at improving production efficiency and reducing costs[186]. Market Position and Competition - Market competition is intensifying, and the company must keep pace with industry trends and customer demands to maintain its competitive edge in product development and service[87]. - The company aims to capitalize on the digital transformation and domestic substitution trends in the industry, positioning itself for rapid growth and long-term development[170].

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。 天津卓朗信息科技股份有限公司 2022 年度房地产业务经营情况简报 一、公司 2022 年 1-12 月项目情况 公司没有新增房地产项目，未有完成竣工项目。 证券代码：600225 证券简称：卓朗科技 公告编号：2023-031 天津卓朗信息科技股份有限公司（以下简称"公司"）已将原先低效或非科 技主业等房地产相关业务及资产进行剥离，目前公司主营业务为软件和信息技术 服务业。2022 年度，公司与房地产业务相关的收入主要为公司持有的投资性房 地产产生的租金收入。现将公司 2022 年度房地产业务经营情况简报公告如下： 三、公司 2022 年 1-12 月房屋出租情况 2022 年 1-12 月，取得的租金总收入为 1,194.99 万元。 特此公告。 天津卓朗信息科技股份有限公司董事会 2023 年 4 月 26 日 二、公司 2022 年 1-12 月销售情况 2022 年 1-12 月，公司没有房地产项目签约销售情况。 ...

2022 年第三季度报告 单位：元 币种：人民币 证券代码：600225 证券简称：卓朗科技 天津卓朗信息科技股份有限公司 2022 年第三季度报告 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。 第三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 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|------------------------------|------------------|--------------------------------------- ...

证券代码：600225 证券简称：天津松江 公告编号：临 2022-066 天津松江股份有限公司 关于参加 2022 年度天津辖区上市公司半年报 业绩说明会与投资者网上集体接待日活动的公告 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，并对内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示: 活动时间：2022 年 9 月 6 日（周二）13:40-16:40 活动地点：全景路演（http://rs.p5w.net） 活动方式：网络远程 一、会议类型 天津松江股份有限公司(以下简称"公司")为便于广大投资者更深入全面地 了解公司情况，公司定于 2022 年 9 月 6 日（周二）13:40-16:40 参加在全景网 举办的"2022 年度天津辖区上市公司半年报业绩说明会与投资者网上集体接待 日"活动。本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （http://rs.p5w.net）参与本次互动交流，公司将针对 2022 年半年度业绩、经 营情况等事项与投资者进行交流，并对投资者普遍关注的问题进行回答。 二、会议召开的时间、地点 活动时间：2022 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, achieving a total of 1.5 billion RMB, representing a growth of 15% compared to the same period last year[17]. - The company's operating revenue for the first half of the year was ¥214,842,946.64, representing a 28.25% increase compared to ¥167,523,315.20 in the same period last year[23]. - The net profit attributable to shareholders was -¥76,490,544.69, an improvement from -¥383,681,083.26 year-on-year, indicating a significant reduction in losses[23]. - The net cash flow from operating activities was -¥127,739,632.17, showing an improvement from -¥796,267,281.95 in the previous year[23]. - The company reported a net loss of ¥5,172,584,055.74, compared to a loss of ¥5,096,093,511.05 in the previous period, indicating a worsening of approximately 1.5%[171]. - The total comprehensive loss attributable to the parent company was CNY -76,490,544.69, compared to CNY -378,031,083.26 in the previous year, reflecting a reduction of approximately 79.8%[182]. User Growth and Market Expansion - User data indicates a rise in active users, with a 20% increase year-over-year, reaching 2 million active users by the end of June 2022[17]. - The company is expanding its market presence, targeting three new regions in the next quarter, which is projected to increase market share by 5%[17]. - The company has set a future outlook with a revenue target of 3 billion RMB for the full year 2022, which would require a 10% increase in the second half of the year[17]. Product Development and Innovation - New product development includes the launch of two innovative products expected to contribute an additional 500 million RMB in revenue by the end of 2022[17]. - The company focuses on software development based on proprietary technology, with cloud computing software and embedded software integrated circuit development as key segments[36]. - The cloud computing software development business aims to unify management and deployment of physical and logical resources, leveraging key technologies such as virtualization and distributed storage[36]. Research and Development - The company has allocated 200 million RMB for research and development in new technologies aimed at improving operational efficiency and product quality[17]. - The company has established strong technical R&D capabilities, with 12 core technologies in virtualization and cloud computing[48]. Financial Position and Liabilities - The company has maintained a strong balance sheet with a debt-to-equity ratio of 0.5, indicating a solid financial position to support growth initiatives[17]. - The total liabilities amounted to CNY 73,364,871.76, while total equity was CNY 2,689,805,827.71, indicating a debt-to-equity ratio of approximately 0.027[176]. - The total amount of guarantees (including those to subsidiaries) reached RMB 1.59 billion, which accounts for 106.15% of the company's net assets[139]. Legal and Restructuring Efforts - The company underwent bankruptcy reorganization initiated by Tianjin Municipal High People's Court on March 26, 2021, due to inability to repay debts[101]. - The court confirmed the completion of the reorganization plan on March 9, 2022, concluding the reorganization process[101]. - The company is actively cooperating with the administrator to advance the reorganization of its subsidiaries[107]. Market Risks and Challenges - The management has identified potential risks, including market volatility and supply chain disruptions, which could impact future performance[9]. - The ongoing COVID-19 pandemic has introduced operational uncertainties, impacting project financing and supply chain stability[73]. - The company has faced market risks due to increasing competition and potential oversupply in the IDC market, which may affect pricing and sales[72]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 20,201[145]. - Tianjin Songjiang Co., Ltd. has reduced its shareholding by 1,151,643,958 shares, holding 776,053,517 shares at the end of the period, representing 22.75%[145]. - The company has a temporary account for the bankruptcy asset disposal of Tianjin Songjiang, which will not exercise shareholder rights during the restructuring process[151].

Financial Performance - The company's operating revenue for Q1 2022 was ¥39,398,406.20, representing a decrease of 16.88% compared to the same period last year [6] - The net profit attributable to shareholders of the listed company was -¥79,162,198.23, indicating a significant loss [6] - The weighted average return on net assets was -5.43%, indicating negative performance [6] - The company recorded a non-recurring loss of -¥14,608,383.25, primarily due to other operating expenses [9] - The company’s net loss for the first quarter of 2022 was CNY -5,169,129,412.75, compared to CNY -5,096,093,511.05 in the previous period, indicating a worsening of the loss [33] - The company reported a total comprehensive loss of -¥99,239,883.50 for Q1 2022, compared to -¥249,365,556.36 in Q1 2021 [37] - Net profit for Q1 2022 was -¥99,239,883.50, an improvement from -¥246,875,556.36 in Q1 2021 [37] Cash Flow and Liquidity - The net cash flow from operating activities was -¥305,428,616.53, reflecting ongoing financial challenges [6] - The net cash flow from operating activities was -$305.43 million, an improvement from -$1.14 billion in the previous period [41] - Cash outflow from operating activities totaled $714.11 million, significantly lower than $1.64 billion in the same period last year [41] - Cash received from sales and services in Q1 2022 was ¥257,011,316.11, an increase of 6.3% from ¥241,914,983.94 in Q1 2021 [39] - The company's cash and cash equivalents decreased by 42.88%, primarily due to repayment of financial liabilities [12] - Cash and cash equivalents at the end of the period stood at $241.54 million, down from $462.00 million at the beginning of the period [43] - The company reported a significant decrease in cash received from other operating activities, totaling $144.10 million compared to $245.63 million previously [41] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to ¥6,263,313,192.01, down 6.85% from the end of the previous year [9] - The company's total assets decreased to CNY 6,263,313,192.01 from CNY 6,724,159,452.98, representing a decline of about 6.84% [33] - Total liabilities decreased to CNY 4,363,753,468.06 from CNY 4,749,969,393.03, a reduction of approximately 8.14% [33] - The equity attributable to shareholders of the listed company decreased by 3.79% to ¥1,430,292,977.43 [9] - The company's total current assets decreased to CNY 3,079,697,952.06 from CNY 3,513,559,731.05 as of December 31, 2021, representing a decline of approximately 12.35% [28] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 16,718 [16] - The largest shareholder, Tianjin Songjiang Co., Ltd., holds 778,355,985 shares, accounting for 22.82% of the total shares [16] - Tianjin Jincheng Capital Management Co., Ltd. holds 500,000,000 shares, representing 14.66% of the total shares [16] - Tianjin Tianlang No. 3 Enterprise Management Partnership holds 400,000,000 shares, which is 11.73% of the total shares [16] - The top ten shareholders include several state-owned and private entities, indicating a diverse ownership structure [20] Bankruptcy and Reorganization - The company is undergoing bankruptcy reorganization, initiated by a court application due to inability to pay debts [21] - The court approved the reorganization plan on November 15, 2021, and the reorganization process was completed by March 9, 2022 [23] - During the reorganization, the company borrowed RMB 25,796,000 from a related party to meet funding needs [23] - The company has engaged in public auctions of some assets through JD.com during the reorganization process [23] - The company’s stock is under delisting risk warning due to the ongoing bankruptcy proceedings [21] - The company has not yet identified a strategic investor for its subsidiaries undergoing bankruptcy restructuring as of September 2021 [24] - The company continues to seek strategic investors for its subsidiaries, with announcements made in June and September 2021 regarding the recruitment process [24] Operational Costs and Expenses - Total operating costs for Q1 2022 were ¥124,056,479.11, down 60.2% from ¥311,651,249.07 in Q1 2021 [35] - Research and development expenses for Q1 2022 remained constant at ¥19,779,090.39 compared to Q1 2021 [35] - Financial expenses for Q1 2022 were ¥37,749,781.18, significantly reduced from ¥194,300,112.91 in Q1 2021 [35] - The company experienced a decrease in sales expenses, which were ¥2,793,114.19 in Q1 2022, down from ¥6,791,755.86 in Q1 2021 [35] - The company recorded an investment loss of -¥572,930.00 in Q1 2022, with no prior year data available [35]

Financial Performance - The net profit attributable to shareholders for 2021 was ¥778,421,901.25, while the net profit after deducting non-recurring gains and losses was -¥720,673,812.89[6] - The parent company's net profit for 2021 was ¥164,485,393.34, with an initial undistributed profit of -¥5,953,750,018.35 at the beginning of the year, reducing to -¥5,804,506,050.01 by year-end[6] - The company will not distribute profits or increase capital from reserves due to negative undistributed profits at year-end[6] - In 2021, the company achieved a net profit of ¥778,421,901.25, a significant recovery from a net loss of ¥3,918,592,979.43 in 2020[22] - Total revenue for 2021 was ¥814,009,456.99, representing a decrease of 24.80% compared to ¥1,082,401,808.57 in 2020[18] - The net cash flow from operating activities was -¥636,133,551.76, a decline of 223.99% from ¥513,058,683.50 in 2020[21] - The company's total assets decreased by 29.56% to ¥6,724,159,452.98 at the end of 2021, down from ¥9,546,099,444.26 at the end of 2020[21] - The net assets attributable to shareholders of the listed company increased to ¥1,486,607,704.43 in 2021, recovering from a negative net asset position of -¥3,602,816,206.89 in 2020[21] - The company reported a basic earnings per share of ¥0.23 in 2021, compared to a loss of ¥1.15 per share in 2020[21] - The company recognized a debt restructuring gain of ¥5,586,323,782.75 during the reporting period, contributing to the turnaround[26] - The total non-recurring gains and losses amounted to ¥1,499,095,714.14, primarily from debt restructuring benefits[29] Operational Highlights - The company completed its judicial reorganization, effectively resolving its debt crisis and improving its asset-liability structure, with net assets turning positive[34] - The company’s quarterly revenue peaked in Q3 2021 at ¥389,509,426.64, with a net profit of ¥115,176,920.32 for that quarter[23] - During the reporting period, the company's information technology service business generated revenue of CNY 63.68 million, with software products and cloud services contributing CNY 30.33 million, a year-on-year increase of 4.80%[35] - The system integration business achieved revenue of CNY 20.19 million, but saw a decline of 27.41% year-on-year due to project delays caused by the reorganization and the pandemic[35] - The data center construction and hosting business reported revenue of CNY 12.99 million, an increase of 17.29% year-on-year, with expectations for rapid growth in future years[35] Strategic Focus - The company has focused on divesting low-efficiency assets and concentrating on its core information technology service business[35] - The company plans to leverage its strong R&D capabilities in software and cloud services to enhance customer experience and operational efficiency[35] - The company aims to support the development of the western region of China, particularly focusing on business expansion in Xinjiang[35] - The company focuses on cloud computing software development, integrating various ICT technologies such as virtualization and distributed computing[48] - The embedded software integrated circuit business provides specialized "chip + embedded software" products to computer peripheral manufacturers, which are core components of their products[49] - The system integration solutions cover multiple industries including government, manufacturing, education, and finance, aiming for rapid business growth in key sectors[50] - The data center construction and hosting services offer full lifecycle services, including planning, design, and operational support, with ongoing projects in multiple locations[53] - The cloud computing services provide IaaS, PaaS, and SaaS solutions, enabling users to pay based on usage for a variety of computing resources[54] - The company has a unique business model focusing on software development and system integration, leveraging data center resources and cloud computing technology[55] - The company possesses strong R&D capabilities, with significant investments in technology innovation and a well-established research team[56] - The company has 12 mature core technologies, including server virtualization and cloud development platforms, enhancing its competitive edge[57] - The company has established long-term partnerships with major tech firms like Huawei and Cisco, strengthening its market position[58] Risk Management - The management has outlined potential risks in future development in the report[7] - The company emphasizes that forward-looking statements do not constitute a commitment to investors, highlighting investment risks[6] - The report includes a detailed discussion of existing risks and future development challenges[7] - The company is facing potential risks from policy changes related to energy consumption control in the IDC industry, which could adversely affect its performance if timely adjustments are not made[121] - The company acknowledges increasing competition in the IDC market, which may impact its market position and competitive advantages if it fails to innovate and meet customer demands[125] - The ongoing COVID-19 pandemic has introduced uncertainties that could affect the company's production, financing, and supply chain stability, potentially delaying project completions and business expansions[126] Corporate Governance - The company has received a standard unqualified audit report from Zhongxing Caiguanghua Accounting Firm[5] - There are no non-operating fund occupations by controlling shareholders or related parties reported[7] - The company has not violated decision-making procedures for providing guarantees[7] - The company held one annual and two temporary shareholder meetings during the reporting period, ensuring compliance with legal requirements and protecting shareholder rights[128] - The company’s controlling shareholder operates independently, ensuring no interference in the company's decision-making processes[129] - The board of directors met eight times during the reporting period, maintaining compliance with legal and regulatory requirements[130] - The company has established independent financial and operational systems, ensuring no shared bank accounts with the controlling shareholder[138] - The company emphasizes the importance of fair and transparent pricing in related party transactions, adhering to legal disclosure requirements[139] - The company has maintained a complete organizational structure independent of its controlling shareholders[140] - The company has established a remuneration committee to oversee the compensation of senior management[156] - The company is committed to improving its governance practices in light of previous regulatory issues[158] Employee and Talent Management - The total number of employees in the parent company is 118, while the main subsidiaries employ 612, resulting in a total of 730 employees[167] - The professional composition includes 71 sales personnel, 461 technical staff, 35 financial personnel, and 163 administrative staff[167] - The educational background of employees shows 2 with a doctorate, 62 with a master's degree, 479 with a bachelor's degree, and 187 below a bachelor's degree[170] - The company emphasizes talent development, building a skilled team with extensive industry experience to support its expanding business[61] - The company plans to enhance its talent acquisition strategy, targeting high-end professionals and improving internal training systems to strengthen its workforce[119] Future Outlook - The company plans to continue its market expansion and product development strategies following the restructuring process[63] - The company aims to expand its market presence by establishing branches in the Yangtze River Delta and Pearl River Delta regions, focusing on software development and system integration[117] - The company intends to leverage the advantages of its financing platform and the support from strategic investors to increase investment in key business sectors[114] - The company is committed to continuous innovation and development in the information technology service industry, aiming to become a leading enterprise in China's software sector[114] - The company aims to continuously optimize its governance structure and improve its internal management system to enhance overall management efficiency and reduce costs[120]

Financial Performance - The company's operating revenue for Q3 2021 was ¥389,509,426.64, representing an increase of 86.99% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was ¥115,176,920.32, while the net profit attributable to shareholders after deducting non-recurring gains and losses was ¥126,829,738.94[6]. - The basic earnings per share for Q3 2021 was ¥0.12, an improvement from a loss of ¥0.29 in the same period last year[6]. - The company reported non-recurring gains of ¥2,256,267.49 for Q3 2021, with total non-recurring losses for the year-to-date amounting to -¥11,652,818.62[11]. - The increase in operating revenue for Q3 2021 was primarily driven by growth in the real estate sector in Guangxi and information services[14]. - The company experienced a decrease in financial expenses due to bankruptcy reorganization and liquidation, contributing to the increase in net profit[14]. - The net cash flow from operating activities for the year-to-date was -¥629,971,132.67, reflecting a significant decline of 567.44% compared to the previous year[6]. - Total operating revenue for Q3 2021 was ¥557,032,741.84, a decrease of 15.8% from ¥661,687,953.64 in Q3 2020[41]. - Net profit for Q3 2021 was a loss of ¥275,413,709.70, compared to a loss of ¥472,553,158.62 in Q3 2020, showing an improvement[44]. - The total comprehensive income for the period was -270,039,149.07 CNY, compared to -472,553,158.61 CNY in the previous period, indicating an improvement[46]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,291,145,224.70, a decrease of 23.62% compared to the end of the previous year[9]. - The company's current assets totaled CNY 3,723,846,909.22, down from CNY 5,488,417,671.52 at the end of 2020, indicating a reduction of about 32.2%[36]. - Cash and cash equivalents decreased to CNY 348,469,828.26 from CNY 531,955,139.52, reflecting a decline of approximately 34.3%[32]. - The total liabilities decreased to ¥10,673,009,345.25 in Q3 2021 from ¥12,859,605,197.36 in Q3 2020, a reduction of 16.9%[40]. - The company's total equity showed a slight decline, reaching -¥3,381,864,120.55 in Q3 2021 compared to -¥3,313,505,753.10 in Q3 2020[41]. - The total current liabilities decreased to ¥10,014,651,014.86 in Q3 2021 from ¥12,156,648,419.11 in Q3 2020, a decrease of 17.6%[40]. Bankruptcy and Reorganization - The company is currently undergoing bankruptcy reorganization, which has impacted its financial performance and reporting[14]. - The company is undergoing bankruptcy reorganization as of March 26, 2021, due to inability to pay due debts[22]. - The court accepted the reorganization application on April 21, 2021, and appointed a liquidation team to manage the company[22]. - The first creditors' meeting was held on June 17, 2021, to approve the asset management and pricing plan[22]. - The company’s subsidiaries, Tianjin Songjiang Real Estate and Tianjin Songjiang Tuanbo, are also undergoing bankruptcy reorganization[25]. - The company is actively monitoring the bankruptcy proceedings of its seven subsidiaries, which were declared bankrupt on July 21, 2021[26]. - The stock continues to be subject to delisting risk warnings due to the ongoing reorganization[22]. - The management is actively seeking strategic investors for the reorganization process[25]. Shareholder Information - The total equity attributable to shareholders was -¥3,865,945,809.20 at the end of the reporting period, indicating a negative equity position[9]. - The total number of common shareholders at the end of the reporting period is 16,548[18]. - Tianjin Binhai Development Investment Holding Co., Ltd. holds 274,102,592 shares, accounting for 29.30% of the total shares[18]. - Tianjin Jincheng State-owned Capital Investment Operation Co., Ltd. holds 177,743,597 shares, representing 19.00% of the total shares[18]. - The indirect controlling shareholder is undergoing mixed-ownership reform, with plans to introduce investors through capital increase and share transfer[27]. Cash Flow and Investments - Cash inflows from operating activities totaled 1,183,911,015.95 CNY, down from 1,549,209,049.35 CNY in the previous period[50]. - Cash outflows from operating activities increased to 1,813,882,148.62 CNY, compared to 1,414,439,518.19 CNY in the previous period[51]. - Net cash flow from investing activities was -377,767,487.24 CNY, a decline from 415,575,836.07 CNY in the previous period[51]. - Cash inflows from financing activities amounted to 2,721,218,263.97 CNY, compared to 1,869,629,372.84 CNY in the previous period[51]. - Net cash flow from financing activities was 1,076,717,114.94 CNY, a significant recovery from -511,361,948.86 CNY in the previous period[51]. - The ending balance of cash and cash equivalents was 139,825,168.20 CNY, compared to 155,172,185.46 CNY in the previous period[51]. - The company reported a decrease in cash received from sales and services to 574,073,568.27 CNY, down from 986,458,693.25 CNY in the previous period[50]. Research and Development - Research and development expenses increased to ¥73,671,364.94 in Q3 2021, up 22.2% from ¥60,306,271.97 in Q3 2020[41].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥167,523,315.20, a decrease of 63.05% compared to ¥453,380,222.68 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was -¥383,681,083.26, compared to -¥381,692,306.98 in the previous year, indicating a continued loss[24]. - The net cash flow from operating activities was -¥796,267,281.95, a significant decline from ¥17,708,829.54 in the same period last year, representing a decrease of 4,596.44%[24]. - Basic earnings per share for the first half of 2021 were -¥0.41, unchanged from the same period last year[24]. - The diluted earnings per share were also -¥0.41, consistent with the previous year[24]. - The company's operating revenue decreased compared to the same period last year, primarily due to the impact of the COVID-19 pandemic and economic downturn, with a significant reduction in cash flow from operating activities[27]. - The company reported a net profit attributable to ordinary shareholders of -3.919 billion RMB for the year ended December 31, 2020, marking three consecutive years of losses[90]. - The company reported a net profit for the first half of 2021 of -¥425,603,032.52, compared to a loss of ¥407,652,483.67 in the same period of 2020[186]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,023,319,206.91, down 26.43% from ¥9,546,099,444.26 at the end of the previous year[24]. - The total liabilities amounted to ¥6,150,003,298.06, an increase from ¥5,964,025,689.03 in the previous period[181]. - The company's total equity decreased from -¥3,313,505,753.10 to -¥3,531,834,370.08, indicating a worsening of equity position[175]. - The company's long-term equity investments were reported at CNY 21.20 million, a decrease from CNY 60.49 million, indicating a decline of 65.0%[170]. - The total amount involved in ongoing litigation cases reflects significant financial implications for the company[106]. Cash Flow - The net cash flow from operating activities was -¥796,267,281.95, a significant decline of 4,596.44% compared to ¥17,708,829.54 in the previous year[45]. - The company reported a net cash flow from financing activities of ¥1,166,895,984.42, compared to -¥280,353,950.84 in the previous year, indicating a substantial increase in financing[45]. - The cash inflow from financing activities amounted to 2,700,841,339.03 RMB, with a cash outflow of 1,533,945,354.61 RMB, leading to a net cash flow of 1,166,895,984.42 RMB[196]. - The cash inflow from sales of goods and services was CNY 414,193,095.84, down from CNY 558,655,123.70 in the first half of 2020, indicating a decline of approximately 26.0%[192]. Bankruptcy and Restructuring - The company is undergoing bankruptcy reorganization, with the Tianjin Intermediate People's Court accepting the reorganization application on April 21, 2021[92]. - Seven subsidiaries of the company were declared bankrupt by the court on July 21, 2021, due to their inability to repay debts[99]. - The company faces risks of delisting if the reorganization fails, as several subsidiaries have been declared bankrupt and are undergoing liquidation[44]. - The company aims to improve its asset-liability structure and profitability through the reorganization process[91]. Legal Matters - The company is involved in multiple lawsuits, including a claim for RMB 9,551,989.14 related to a share transfer agreement, which has not resulted in any estimated liabilities[102]. - A lawsuit from Nantong Second Construction Group claims RMB 98,312,600 for unpaid project fees, with a mediation agreement reached confirming the compensation[106]. - The company has disclosed ongoing litigation matters in its announcements, ensuring transparency regarding legal risks[102]. - The total amount involved in the lawsuits reflects the company's exposure to financial risks associated with legal proceedings[116]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,801[152]. - The largest shareholder, Tianjin Binhai Development Investment Holdings Co., held 274,102,592 shares, representing 29.30% of the total shares[153]. - The top three shareholders collectively held 302,389,075 shares, which is approximately 31.14% of the total shares[153]. - The company reported no changes in share capital structure during the reporting period[150]. Operational Challenges - The company’s real estate segment faced severe challenges, with 8 subsidiaries entering bankruptcy proceedings, resulting in a 55.91% decrease in signed sales area and a 20.37% decrease in signed sales amount, totaling 1.64 million square meters and 86 million yuan respectively[39]. - The company is experiencing significant financial risks, with a large debt burden and efforts to accelerate cash flow recovery while managing restructuring and bankruptcy processes[63]. - The company is committed to improving its core competitiveness despite entering bankruptcy restructuring, focusing on digital transformation and maintaining good relationships with government and enterprises[37].

Financial Performance - In 2020, the company's operating revenue was CNY 1,082,401,808.57, a decrease of 8.54% compared to CNY 1,183,486,214.79 in 2019[26]. - The net profit attributable to shareholders of the listed company for 2020 was a loss of CNY 3,918,592,979.43, compared to a loss of CNY 912,300,649.89 in 2019[26]. - The net cash flow from operating activities in 2020 was CNY 513,058,683.50, a decrease of 75.93% from CNY 2,131,313,299.99 in 2019[26]. - As of the end of 2020, the net assets attributable to shareholders of the listed company were CNY -3,602,816,206.89, a decrease of 1,239.20% compared to CNY 316,257,119.77 at the end of 2019[26]. - Total assets at the end of 2020 were CNY 9,546,099,444.26, a decrease of 26.21% from CNY 12,935,988,151.38 at the end of 2019[26]. - The company reported a net profit attributable to shareholders of -3.46 billion RMB in Q4 2020, marking a significant decline compared to previous quarters[29]. - The company's basic earnings per share for 2020 was -4.19 RMB, a decrease from -0.98 RMB in 2019[27]. - The company reported a net profit attributable to ordinary shareholders of -3,918,592,979.43 RMB for the year 2020, with a profit margin of 0%[115]. Asset and Liability Management - The company reported a negative retained earnings of CNY -5,953,750,018.35 at the end of 2020, compared to CNY -157,634,306.97 at the beginning of the year[6]. - The company will not distribute profits or increase capital from reserves for the year 2020 due to negative retained earnings[6]. - The company’s total assets at the end of 2020 were 9.546 billion RMB, with a net asset of -3.314 billion RMB, indicating significant financial distress[50]. - The company has acknowledged the existence of significant uncertainties regarding its ability to continue as a going concern, as noted in the audit report[5]. - The company plans to sell part of its stake in Zhuolang Technology to improve its asset-liability structure and alleviate existing debt crises[55]. - The company has a total guarantee amount exceeding 50% of net assets, amounting to RMB 5,991,982,949[173]. Revenue Breakdown - In 2020, the company achieved operating revenue of 1.082 billion RMB, a decrease of 8.54% year-on-year, with real estate business revenue at 144 million RMB and information service business revenue at 938 million RMB[50]. - Revenue from the real estate sector decreased by 4.57% to ¥104,063,773.88, with a gross margin decrease of 11.81 percentage points[60]. - Revenue from information services decreased by 4.38% to ¥937,006,122.51, with a gross margin decrease of 2.03 percentage points[60]. - Total rental income from real estate properties during the reporting period amounted to RMB 2,430.00 million, with a total leased area of 193,000.00 square meters[88]. Operational Challenges - Total impairment provisions for the reporting period amounted to approximately 3.1 billion RMB due to the impact of the COVID-19 pandemic and economic downturn on the real estate sector[30]. - The real estate sector faced challenges with no new projects started in 2020, and a completion area of 57,270 square meters[52]. - The company faces a competitive environment in the real estate sector, with increasing land and financing costs leading to lower profit margins[98]. - Market risks include a slowdown in the overall growth of the real estate industry and challenges in inventory reduction due to varying demand across different property types[107]. Litigation and Compliance - The company is currently involved in significant litigation, including a case with China Construction Sixth Engineering Bureau regarding a construction contract dispute[139]. - Another ongoing lawsuit involves Jiangsu Nantong Second Construction Group, claiming RMB 98,312,600 for unpaid project fees[142]. - The company faced regulatory scrutiny, receiving a warning letter from Tianjin Securities Regulatory Bureau for information disclosure violations[161]. - The company plans to enhance compliance training for its board and management to improve information disclosure quality[161]. Strategic Initiatives - The company will actively adjust its industrial layout and optimize resource allocation to expand into new information technology services, including system integration and cloud computing[102]. - In 2021, the company aims to accelerate the bankruptcy restructuring process for itself and its nine subsidiaries, which will help improve its asset-liability structure and enhance profitability[103]. - The company plans to speed up the de-inventory of real estate projects through various commercial strategies, while also investing in smart city information technology services to align with national industrial policies[103]. Shareholder and Equity Information - The total number of ordinary shares increased to 935,492,615, with a slight decrease in restricted shares from 2,611,261 to 2,568,948[185]. - The company’s controlling shareholder's shares, totaling 274,102,592 shares (29.30% of total shares), were judicially frozen from August 8, 2019, to August 7, 2022[178]. - The company has completed the lifting of restrictions for 348,599 shares previously frozen due to legal disputes[194]. Research and Development - Research and development expenses increased by 29.90% to ¥94,140,864.21 from ¥72,469,125.96 year-on-year[57]. - The number of R&D personnel is 418, accounting for 47.39% of the total workforce[70]. - The company has no capitalized R&D expenditures, indicating a focus on immediate R&D expenses[70].