2019 年第一季度报告 公司代码：600446 公司简称：金证股份 深圳市金证科技股份有限公司 2019 年第一季度报告 1 / 25 2019 年第一季度报告 í 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 25 2019 年第一季度报告 一、 重要提示 1.1 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人赵剑、主管会计工作负责人赵剑及会计机构负责人（会计主管人员）陈熙保证季 度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|------------------|----------- ...

Financial Performance - The company reported a net profit attributable to shareholders of -116.36 million RMB for 2018, a decrease of 188.15% compared to the previous year[4]. - Operating revenue for 2018 was 4.89 billion RMB, representing a year-on-year increase of 15.68%[19]. - The net cash flow from operating activities was 319.35 million RMB, an increase of 197.42% compared to 2017[19]. - The total assets at the end of 2018 were 3.84 billion RMB, a decrease of 15.49% from the end of 2017[19]. - The company did not propose any cash dividends for 2018 due to the annual loss, as per its articles of association[5]. - The accumulated undistributed profits at the end of 2018 were 421.39 million RMB[4]. - The company’s net assets attributable to shareholders decreased by 13.87% to 1.63 billion RMB by the end of 2018[19]. - The company faced a significant decrease in net profit after deducting non-recurring gains and losses, amounting to -243.85 million RMB[19]. - The net profit attributable to shareholders decreased by 188.15% year-on-year, primarily due to goodwill impairment for the subsidiary Lianlong Boshi and impairment of receivables for the Meishan project[22]. - The basic earnings per share (EPS) decreased by 186.21% year-on-year, mainly due to goodwill impairment for the subsidiary Lianlong Botong and impairment of receivables for the Meishan project[22]. - The diluted EPS also decreased by 186.21% year-on-year, reflecting the same reasons as the basic EPS[22]. - The weighted average return on equity (ROE) decreased by 15.04 percentage points to -6.62%[22]. - The net profit after deducting non-recurring gains and losses decreased by 299.33% year-on-year, attributed to the same impairments as mentioned above[22]. Cash Flow and Investments - The net cash flow from operating activities increased by 197.42% year-on-year, primarily due to increased sales collections from the subsidiary Qipusheng[22]. - The company reported a significant increase in investment cash flow, with a net outflow of ¥663,842,833.38, up 98.80% from the previous year's outflow of ¥333,916,960.85[59]. - The company’s financing cash flow showed a net outflow of ¥446,445,206.43, a decrease of 137.47% compared to a net inflow of ¥1,191,415,644.76 last year[59]. - Cash inflow from investment activities surged by 459.08% to ¥560,458,260.07, primarily due to increased investment recoveries[71]. - The company reported a net cash outflow from investment activities of -¥663,842,833.38, an increase of 98.80% compared to the previous year[71]. Research and Development - The company has over 2,000 R&D personnel and has established a new generation of R&D platforms and IT system architecture to support future development[46]. - The company invested ¥621,007,328.50 in research and development during the period, with no capitalized R&D expenses reported[68]. - Total R&D investment amounted to ¥621,007,328.50, representing 12.70% of operating revenue[71]. - Research and development expenses rose by 23.27% to ¥621,007,328.50 from ¥503,777,620.37 year-over-year[59]. Business Operations and Market Position - The company primarily serves clients in the financial industry, providing IT solutions across various sectors including securities, funds, and banking[34]. - The company expanded its banking IT business by adding multiple new bank clients and enhancing its product system to support industry trends and business innovation[54]. - In the asset management IT sector, the company experienced a slowdown in growth due to macroeconomic factors, but continued to leverage its advantages in internet finance products like Yu'ebao and Licai Tong[50]. - The comprehensive financial IT business saw a significant increase in data application product sales compared to the previous year, with 6 new clients developed in the data application field[53]. - The company is focusing on new technologies such as AI, deep learning, and big data analytics to enhance its financial technology capabilities[49]. Risk Management and Compliance - The company has not reported any major risk events during the reporting period[6]. - The audit report for the financial statements was issued with a standard unqualified opinion by Da Hua Certified Public Accountants[4]. - The company is committed to strengthening risk management and internal controls through technological advancements[141]. - The company faces risks related to rising human resource costs and must adapt its management capabilities to mitigate these risks[155]. - The company will continue to manage accounts receivable effectively to reduce the risk of bad debts, as it primarily serves large financial institutions with good credit quality[160]. Future Outlook and Strategy - The company aims to optimize its revenue structure by increasing the proportion of financial software revenue and improving gross profit levels from 2019 to 2021[147]. - In 2019, the company plans to enhance its asset management IT products and promote them in the banking asset management market, aiming to make this a key growth support point[149]. - The company will strengthen interaction with regulatory agencies and promote regulatory information construction in the financial supervision field in 2019[150]. - The company will support the transformation of bank wealth management departments to net value-based operations, covering the entire business process in marketing, products, investment, and operations[153]. - The company is committed to exploring new business models to maintain stable development amid uncertainties in the financial market[143]. Shareholder and Dividend Information - The company has a cash dividend policy to distribute at least 30% of the average distributable profit over the last three years, provided cash flow conditions are met[162]. - In 2018, the company distributed a cash dividend of 0.031 RMB per share, totaling 26,449,525 RMB[164]. - The company reported a net profit attributable to ordinary shareholders of 0, resulting in a profit distribution ratio of 0%[166]. - The company did not propose a cash profit distribution plan despite having positive distributable profits for ordinary shareholders[166]. Equity and Investment Activities - The company completed the transfer of 51% equity in Chengdu Jinzhen Boze for CNY 63.44 million and 49% equity for CNY 52.73 million, with total transaction prices amounting to CNY 106.99 million[41][42]. - The company has made additional investments totaling CNY 7,000,000.00 in Shenzhen Jinzheng Qianhai Financial Technology Co.[97]. - The company holds a 37.495% stake in Shanghai Guojun Venture Capital, valued at CNY 18,376,452.95[88]. - The company has a 3.03% stake in Shanxi Tongren Equity Investment Partnership, valued at CNY 5,000,000.00[88]. - The company has a total of CNY 4,410,000 invested in the Feideman Investment Fund, which has a total scale of CNY 14,912,000[114]. - The company has made significant investments in various technology firms, enhancing its market presence and operational capabilities[101].

2018 年第三季度报告 公司代码：600446 公司简称：金证股份 深圳市金证科技股份有限公司 2018 年第三季度报告 1 / 20 | 目录 | | --- | 1.2 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 李结义 | 董事 | 协助调查 | 无 | 1.3 公司负责人赵剑、主管会计工作负责人周永洪及会计机构负责人（会计主管人员）周永洪保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | 单位：元 币种：人民币 | | --- | | | 本报告期末 | | 上年度末 | | | 本报告期末比上年 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 度末增减(%) | | | 总资产 | 4,095,523,798.91 | | 4,546,819,933.07 | | | | -9.93 | | 归属于上市公司股东的 | 1,8 ...

Financial Performance - The company's operating revenue for the first half of 2018 reached ¥2,437,092,434.70, representing a 32.61% increase compared to ¥1,837,780,092.85 in the same period last year[17]. - Net profit attributable to shareholders was ¥74,205,209.18, a significant increase of 265.25% from ¥20,316,389.91 in the previous year[17]. - Basic earnings per share rose to ¥0.0870, up 265.55% from ¥0.0238 in the same period last year[18]. - Operating costs increased by 35.21% to ¥1,928,548,918.61 from ¥1,426,386,323.60, primarily due to the corresponding increase in revenue[46]. - The company achieved a significant investment income of ¥45,471,986.14, a 985.55% increase compared to a loss of ¥5,134,907.10 in the previous year[46]. - The company reported a total comprehensive income of ¥60,427,516.19, compared to ¥42,677,543.43 in the previous year, indicating a growth of 41.5%[147]. Cash Flow and Liquidity - The company's net cash flow from operating activities was -¥62,060,997.10, an improvement from -¥249,992,811.75 in the previous year[17]. - Cash and cash equivalents decreased by 58.01% to 653.79 million, primarily due to investment payments and loan repayments[48]. - The total cash and cash equivalents at the end of the period were ¥594,044,979.24, a decrease from ¥559,531,369.57 in the prior period, indicating liquidity challenges[153]. - Cash inflow from sales of goods and services was ¥2,305,379,075.08, up from ¥1,642,482,288.86, representing a growth of approximately 40%[152]. - The company received ¥9,423,482.23 in tax refunds, which is an increase from ¥4,909,837.38 in the previous period, indicating improved tax recovery[152]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,478,667,151.59, a decrease of 1.50% from ¥4,546,819,933.07 at the end of the previous year[17]. - Total liabilities increased from ¥2,270,420,035.89 to ¥2,473,372,018.74, marking an increase of approximately 8.9%[142]. - Total equity decreased from ¥2,276,399,897.18 to ¥2,005,295,132.85, a decline of about 11.9%[142]. - Accounts receivable increased by 81.23% to 1,032.54 million, attributed to revenue growth and slower customer payments[48]. - The company reported a significant increase in other receivables from ¥48,534,024.01 to ¥60,019,483.32, an increase of about 23.7%[140]. Investments and Acquisitions - The company has acquired a 99.95% stake in Shenzhen Qipusheng Technology Co., Ltd. for a total of approximately 29.3 million RMB[28][29]. - The company sold 60% of its stake in Beijing Lianlong Botong E-commerce Technology Co., Ltd. for 22.145 million RMB, retaining a 40% stake post-transaction[30]. - The company transferred 51% of its stake in Chengdu Jinzhen Boze Technology Co., Ltd. for a total transaction value of approximately 106.99 million RMB, including debt recovery[32]. - The company made a significant investment of RMB 122,292,467.00 to acquire 20.354% of Youpin Wealth Management Co., Ltd. by purchasing 35,845,649 shares[60]. - The company has a total of 26 subsidiaries included in the consolidated financial statements, with a recent increase of 1 subsidiary compared to the previous period[174]. Risk Management - The company has not faced any significant risk events during the reporting period, and potential risks have been detailed in the report[5]. - The company anticipates facing risks related to industry changes, including a shift towards "consultation, application, and operation" in the IT sector, which may impact future performance[77]. - The company is actively addressing rising human resource costs and talent shortages as it expands its business scale, emphasizing the importance of effective human resource management[77]. - The company recognizes the risk of technological upgrades in the financial IT sector and plans to enhance its R&D capabilities to maintain competitive advantages[78]. - The company is monitoring policy changes that could impact market demand in the financial IT sector, aiming to mitigate associated risks[80]. Shareholder Information - The company completed a non-public offering of 18,200,984 shares, increasing total share capital from 835,009,500 to 853,210,484 shares[89]. - The employee stock ownership plan purchased 8,125,002 shares at a total cost of approximately ¥250.11 million, representing 0.973% of the company's total capital at that time[89]. - The company has no significant litigation or arbitration matters during the reporting period[88]. - The company has no major changes in the audit firm or any non-standard audit reports during the reporting period[88]. - The top ten shareholders hold a total of 90,454,262 shares, representing 10.6% of the total shares outstanding[106]. Technology and Innovation - The company has established itself as one of the largest financial securities software developers in China, with a comprehensive product line across various financial sectors[33]. - The company maintains a leading position in technology and R&D, being a national high-tech enterprise and holding CMMI Level 5 certification[35]. - The company launched new products in the asset management IT sector, including a valuation calculation system and an investment decision management system, enhancing its competitive strength in the market[40]. - The company has initiated the upgrade of its JROS technology platform, which is designed for asset management financial business system development, improving product development and maintenance efficiency[40]. - The company is actively seeking cooperation opportunities with the National Payment Network in areas such as cloud computing and barcode payment[44].

Financial Performance - Operating revenue increased by 28.15% to CNY 1,075,793,306.18 compared to the same period last year[7] - Net profit attributable to shareholders was CNY -24,965,747.60, a slight improvement of 3.37% compared to the same period last year[7] - Basic earnings per share improved by 5.18% to CNY -0.0293 compared to CNY -0.0309 in the previous year[7] - Total operating revenue for Q1 2018 was CNY 1,075,793,306.18, an increase of 28.14% compared to CNY 839,476,771.39 in the same period last year[24] - Net loss for Q1 2018 was CNY -35,855,165.55, compared to a net loss of CNY -16,488,577.52 in Q1 2017, indicating a worsening performance[25] - The net profit for Q1 2018 was a loss of CNY 6,921,726.87, improving from a loss of CNY 21,799,396.11 in Q1 2017[28] - The total comprehensive income for Q1 2018 was a loss of CNY 6,921,726.87, compared to a loss of CNY 21,799,396.11 in the previous year[28] Assets and Liabilities - Total assets decreased by 3.82% to CNY 4,373,195,278.63 compared to the end of the previous year[7] - The company’s total assets decreased to ¥4,373,195,278.63 from ¥4,546,819,933.07, indicating a reduction in overall asset base[15] - The company’s total liabilities increased, with current liabilities rising to ¥2,062,802,877.44 from ¥1,859,262,982.66, reflecting increased operational financing needs[16] - Total liabilities increased to CNY 1,435,677,092.61 from CNY 1,376,561,486.71, reflecting a rise in financial obligations[21] Cash Flow - Cash flow from operating activities improved by 37.26%, reaching CNY -140,534,183.10 compared to CNY -223,986,670.84 in the previous year[7] - The net cash flow from operating activities improved by 37.26% to -¥140,534,183.10 from -¥223,986,670.84, reflecting increased sales collections[14] - The net cash flow from operating activities was a negative CNY 140,534,183.10, an improvement from a negative CNY 223,986,670.84 in Q1 2017[31] - Net cash flow from operating activities was -$188.22 million, worsening from -$92.37 million year-over-year[34] - Total cash outflow from operating activities was $345.04 million, compared to $204.59 million in the previous period, an increase of 68.5%[34] Shareholder Information - The total number of shareholders reached 84,486 at the end of the reporting period[11] - The top shareholder, Du Xuan, holds 10.60% of the shares, amounting to 90,454,262 shares[11] Investments and Expenses - The company received government subsidies amounting to CNY 1,803,702.19, closely related to its normal business operations[7] - Long-term equity investments increased by 93.63% to ¥246,444,287.30 from ¥127,274,092.63, primarily due to investments in Youpin Wealth Management Co., Ltd.[13] - The company incurred financial expenses of CNY 2,057,265.58 in Q1 2018, compared to a financial income of CNY 4,156,978.38 in the same period last year[27] - The company reported a significant increase in financial expenses, with a net financial cost of CNY -2,918,073.56 compared to CNY -6,797,067.32 in the previous year[25] Operational Metrics - Cash and cash equivalents decreased by 40.31% to ¥929,346,953.85 from ¥1,556,869,998.14 due to investment payments and seasonal collection factors[13] - Accounts receivable increased by 43.28% to ¥816,345,641.14 from ¥569,738,219.86, attributed to seasonal sales collection[13] - Operating costs rose by 30.23% to ¥870,504,192.41, corresponding to the increase in revenue[14] - The company's management expenses decreased to CNY 79,147,133.65 from CNY 83,031,337.74 year-over-year[27] - The company’s sales expenses were CNY 5,747,676.73, slightly down from CNY 5,882,987.56 in the previous year[27]

Financial Performance - The company's operating revenue for 2017 was CNY 4,227,745,965.28, representing a 15.34% increase compared to CNY 3,665,606,591.22 in 2016[21]. - The net profit attributable to shareholders for 2017 was CNY 132,000,143.37, a decrease of 43.85% from CNY 235,078,925.34 in 2016[21]. - The basic earnings per share for 2017 was CNY 0.1581, down 43.54% from CNY 0.28 in 2016[22]. - The total assets at the end of 2017 were CNY 4,546,819,933.07, an increase of 43.23% from CNY 3,174,533,467.02 in 2016[21]. - The company's net cash flow from operating activities for 2017 was CNY 107,373,057.80, a significant increase of 413.30% compared to CNY 20,918,234.92 in 2016[21]. - The weighted average return on equity for 2017 was 8.42%, a decrease of 8.71 percentage points from 17.13% in 2016[22]. - The net profit attributable to shareholders decreased by 43.85% to CNY 13,200.14 million, while the net profit after deducting non-recurring gains and losses fell by 50.4% to CNY 12,233.12 million[42]. - The company reported a significant increase in research and development investments, although specific figures were not disclosed[50]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in the last quarter[126]. - The company provided a future outlook, projecting a revenue growth of 20% for the next fiscal year, aiming for $1.44 billion[126]. Cash Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.31 per share, totaling CNY 2,644.95 million based on a total share capital of 853,210,484 shares[6]. - The company extracted 10% of the net profit as statutory surplus reserve, amounting to CNY 752.72 million[6]. - The company aims to allocate at least 30% of the average distributable profit over the last three years for cash dividends, contingent on sufficient cash flow[80]. - The company has committed to actively pursue cash dividends annually, with the possibility of mid-term distributions based on profitability and funding needs[80]. - The company has not proposed a cash dividend distribution plan for the reporting period despite positive profits, indicating a focus on reinvestment in growth initiatives[85]. Research and Development - The company has increased its R&D investment in securities IT, focusing on innovative technologies such as Spark and Hadoop, enhancing system processing performance[31]. - The company has over 2,000 R&D personnel and has established a next-generation R&D platform and IT system architecture for securities, providing strong technical support for future development[35]. - R&D expenditure increased by 11.53% to CNY 488,135.73 million, reflecting the company's commitment to innovation and technology development[44]. - The company is focusing on integrating artificial intelligence into its financial products to create a multi-dimensional intelligent financial application system[70]. Market Expansion and Strategic Initiatives - The company has established cooperation with over 20 regional equity trading centers, positioning itself as a market leader in the regional equity sector[34]. - The company is actively expanding its market presence through strategic acquisitions and investments in technology firms[57]. - The company is exploring market expansion opportunities and new product development to adapt to industry transformation pressures[68]. - The company aims to enhance its market competitiveness in fund IT business through increased marketing efforts and improved management levels[70]. Financial Position and Assets - Cash and cash equivalents increased by 157.39% to ¥1,556,869,998.14, representing 34.24% of total assets[52]. - Accounts receivable rose by 32.24% to ¥569,738,219.86, accounting for 12.53% of total assets, primarily due to revenue growth[52]. - Inventory levels increased by 25.35% to ¥1,061,951,443.45, representing 23.36% of total assets, attributed to project execution and increased procurement[52]. - The company's long-term investments increased to RMB 127,274,092.63 from RMB 82,389,619.00, reflecting a growth of approximately 54.5%[191]. - The company's total liabilities increased to RMB 2,204,630,100.00 from RMB 1,449,046,294.67, reflecting a growth of approximately 52.1%[191]. Governance and Management - The company has a structured process for determining the remuneration of its board members, which involves approval from the board and shareholders[131]. - The company has established a talent training system with various programs aimed at different employee levels, including "Future Stars" and "Core Executive Training" projects[139]. - The company’s governance structure complies with the requirements of the Company Law and the relevant regulations set by the China Securities Regulatory Commission[142]. - The company has maintained a consistent shareholding structure among its senior management, with no significant changes in ownership percentages[123]. Risk Management - The company reported no significant risk events during the reporting period, with detailed descriptions of potential risks and countermeasures provided in the report[8]. - The company faces risks related to rising human resource costs and the need for continuous technological upgrades to maintain competitive advantage[76]. - The company is actively addressing cyclical risks in the securities industry by diversifying into broader financial IT sectors[77]. - The company has maintained a good receivables collection situation, with no significant bad debts reported during the reporting period[77].

2017 年第三季度报告 公司代码：600446 公司简称：金证股份 深圳市金证科技股份有限公司 2017 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2017 年第三季度报告 一、 重要提示 2017 年第三季度报告 | 越权审批，或无正式批准文件，或偶发性的税 | | | | --- | --- | --- | | 收返还、减免 | | | | 计入当期损益的政府补助，但与公司正常经营 | 10,782,224.02 | 16,815,202.36 | | 业务密切相关，符合国家政策规定、按照一定 | | | | 标准定额或定量持续享受的政府补助除外 | | | | 计入当期损益的对非金融企业收取的资金占 | | | | 用费 | | | | 企业取得子公司、联营企业及合营企业的投资 | | | | 成本小于取得投资时应享有被投资单位可辨 | | | | 认净资产公允价值产生的收益 | | | | 非货币性资 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥1,837,780,092.85, representing a 23.95% increase compared to ¥1,482,664,356.00 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 46.06% to ¥20,316,389.91 from ¥37,661,707.68 in the previous year[17]. - The basic earnings per share for the first half of 2017 was ¥0.0243, down 46.12% from ¥0.0451 in the same period last year[18]. - Operating revenue for the current period reached ¥1,837,780,092.85, an increase of 23.95% compared to ¥1,482,664,356.00 in the previous period[38]. - Operating costs increased to ¥1,426,386,323.60, reflecting a growth of 24.81% from ¥1,142,809,914.18[38]. - Net profit for the first half of 2017 was ¥42,599,688.97, a decrease of 7.0% from ¥45,889,191.19 in the same period last year[86]. - Net profit attributable to the parent company was ¥20,316,389.91, down 46.0% from ¥37,661,707.68 year-on-year[86]. Assets and Liabilities - The total assets increased by 7.61% to ¥3,416,075,664.57 compared to ¥3,174,533,467.02 at the end of the previous year[17]. - The total assets at the end of the current period were significantly impacted by a decrease in notes receivable, which fell by 81.03% to ¥18,434,728[38]. - The company’s total liabilities amounted to CNY 1,694,423,582.08, up from CNY 1,467,426,546.34, indicating an increase of about 15.5%[80]. - The company’s total equity reached CNY 1,721,652,082.49, up from CNY 1,707,106,920.68, indicating a growth of approximately 0.85%[80]. Cash Flow - The net cash flow from operating activities was negative at -¥249,992,811.75, an improvement from -¥320,657,954.08 in the previous year[17]. - The company reported a net cash flow from financing activities of ¥446,072,375.60, a 13.29% increase from ¥393,726,662.18[38]. - Cash flow from operating activities showed a net outflow of ¥249,992,811.75, improving from a net outflow of ¥320,657,954.08 in the prior period[92]. - Cash flow from investing activities resulted in a net outflow of ¥194,337,368.45, compared to a net inflow of ¥60,287,023.73 in the previous period[92]. Research and Development - The company increased its R&D investment in securities IT, focusing on integrating innovative technologies like Spark and Hadoop, which significantly enhanced system processing performance[24]. - Research and development expenses rose by 21.09% to ¥209,120,354.46, up from ¥172,699,394.58[38]. - The company has a significant focus on research and development in new products and technologies within the IT sector[110]. Market Position and Services - The company enhanced its securities IT business by optimizing the Shenzhen registration and settlement system, significantly improving clearing performance and responding quickly to regulatory requirements[23]. - The company expanded its comprehensive financial IT services by adding two new clients, including Jiangxi United Registration and Settlement Co., and Beijing Jinmajia Property Network Trading Co., further solidifying its leading position in the regional equity market[33]. - The company achieved a notable market presence in the asset management sector, with a focus on product standardization and innovation, leading to a positive market outlook[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 103,423[63]. - The top ten shareholders held a combined total of 45.15% of the company's shares[65]. - The largest shareholder, Du Xuan, held 10.70% of the shares, amounting to 89,311,762 shares[65]. Legal and Compliance - There were no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[55]. - The company held six shareholder meetings during the reporting period, all of which complied with legal and regulatory requirements[52]. - The company has not disclosed any major related party transactions or changes in related party agreements during the reporting period[56]. Accounting Policies - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[116]. - The company’s accounting period is from January 1 to December 31 each year, with a business cycle of 12 months[117][118]. - The company does not offset financial assets and liabilities in the balance sheet unless specific conditions are met, such as having a legally enforceable right to offset[158]. Guarantees and Commitments - Total guarantee amount reached RMB 10.8 billion, accounting for 62.73% of the company's net assets[57]. - The company provided guarantees totaling RMB 4.1 billion to external parties, excluding subsidiaries[57]. - The total guarantee amount to subsidiaries was RMB 6.7 billion, with the same balance at the end of the reporting period[57].

2017 年第一季度报告 公司代码：600446 公司简称：金证股份 深圳市金证科技股份有限公司 2017 年第一季度报告 1 / 17 2017 年第一季度报告 一、 重要提示 1.1 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 肖幼美 | 独立董事 | 因公务无法出席 | 张龙飞 | 1.3 公司负责人赵剑、主管会计工作负责人周永洪及会计机构负责人（会计主管人员）周永洪保 证季度报告中财务报表的真实、准确、完整。 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 7 | 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 ...

Financial Performance - The company's operating revenue for 2016 was CNY 3,665,606,591.22, representing a 40.18% increase compared to CNY 2,614,879,856.61 in 2015[19] - The net profit attributable to shareholders for 2016 was CNY 235,078,925.34, a decrease of 7.72% from CNY 254,749,363.52 in 2015[19] - The basic earnings per share for 2016 was CNY 0.28, down 9.68% from CNY 0.31 in 2015[20] - The total assets at the end of 2016 were CNY 3,174,533,467.02, an increase of 3.90% from CNY 3,055,262,139.73 in 2015[19] - The cash flow from operating activities for 2016 was CNY 20,918,234.92, a significant decrease of 88.34% from CNY 179,371,397.26 in 2015[19] - The weighted average return on equity for 2016 was 17.13%, a decrease of 6.65 percentage points from 23.78% in 2015[21] - The company's net assets attributable to shareholders at the end of 2016 were CNY 1,469,925,048.73, an increase of 14.55% from CNY 1,283,260,473.01 in 2015[19] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.85 per 10 shares, totaling CNY 7,097.58 million[3] - The company plans to actively implement cash dividends, distributing no less than 30% of the average distributable profit over the last three years, provided cash flow allows[82] - In 2015, the company distributed cash dividends of 0.57 RMB per 10 shares, totaling 47.5955 million RMB[82] - The company has a cash dividend policy that allows for mid-term cash dividends based on profitability and funding needs[82] Revenue Growth and Market Position - In Q1 2016, the company reported revenue of approximately ¥749.43 million, which increased to ¥1.38 billion in Q4 2016, showing a significant growth trend[23] - The net profit attributable to shareholders was ¥28.85 million in Q1 2016, rising to ¥137.92 million by Q4 2016, indicating strong profitability improvement[23] - The company launched its comprehensive service platform (FS1.0) in 2016, which has been successfully implemented in over 10 securities firms, enhancing its market presence[29] - The company has established a leading position in the regional equity market, managing over 20 equity trading center business systems[33] - The company added 7 new public fund company clients and 79 independent sales institutions in the fund IT business, maintaining strong growth and consolidating its market position[41] Research and Development - The company’s R&D expenditure increased by 43.59% to CNY 437,663.54 million, reflecting its commitment to technological advancement[46] - The total R&D expenditure amounted to ¥437,663,541.50, representing 11.94% of total revenue, with 2,926 R&D personnel, accounting for 51.02% of the total workforce[51] - The company is focusing on the development of personalized software and collaborative development to meet the growing demand in the information technology market[72] - The company is committed to advancing its "financial technology" strategy, emphasizing innovation in technology and business[73] Financial Position and Assets - The total balance of restricted assets at the end of the reporting period was ¥47,075,971.05, an increase of 44.4% from ¥32,594,166.60 at the beginning of the year[55] - The company's available-for-sale financial assets amounted to ¥92,015,450, with a decrease in the book value from ¥159,597,600 at the beginning of the year, reflecting a decline of 42.3%[58] - The fair value of equity instruments measured at fair value at the end of the period was ¥5,011,739, down from ¥61,347,665 at the beginning of the year, indicating a significant decrease of 91.8%[59] - The total long-term equity investments amounted to ¥87,003,715, with a decrease in the investment balance due to adjustments in the investment portfolio[63] Corporate Governance and Management - The company has retained Da Hua Accounting Firm for financial auditing, with an audit fee of 79,000 RMB for the domestic firm and 26,000 RMB for internal control auditing[88] - The company has no major litigation or arbitration matters during the reporting period[92] - The company’s independent directors are involved in multiple technology and finance-related firms, which may provide valuable insights and networking opportunities[118] - The company has a diverse executive team with extensive experience in various sectors, enhancing its strategic capabilities[117] Employee and Talent Management - The company has a total of 5,735 employees, with 1,545 in the parent company and 4,190 in major subsidiaries[128] - The professional composition includes 2,060 sales personnel, 2,926 technical staff, and 34 financial personnel[128] - In 2016, the company launched various training programs, including "Future Stars" for key talent and "General's Sword" for senior management[130] - The company has established a talent training system aligned with its strategic goals[130] Risks and Challenges - The company faces risks from industry changes, particularly the shift towards "consultation, application, and operation" in the IT sector[79] - The company is expanding its product line and exploring the broader financial IT sector to mitigate cyclical risks from the securities industry[79] - The company actively studies industry trends and policy directions to minimize policy-related risks[79] Audit and Compliance - The audit committee issued two reviews of the annual financial report, confirming that the financial statements reflect the company's operational results and financial status accurately[138] - The company received a standard unqualified audit report from Dahua Certified Public Accountants for the 2016 financial statements[140] - The company did not report any major misstatements or omissions in the financial reports for the year[139] Shareholder Structure - The total number of common stock shareholders at the end of the reporting period was 113,373, an increase from 106,815 at the end of the previous month[104] - The top ten shareholders include Du Xuan with 89,311,762 shares (10.70%), Zhao Jian with 89,071,474 shares (10.67%), and Li Jieyi with 85,411,265 shares (10.23%)[106] - The total number of shares held by the top ten shareholders represents a significant portion of the company's equity, indicating concentrated ownership[106] - The company does not have any controlling shareholders or actual controllers as of the reporting period[110]