云赛智联董事长：黄金刚 云赛智联董事、总经理：翁峻青 上市公司 云赛智联独立董事：李远勤 接待人员姓名 云赛智联总会计师：唐青 云赛智联董事会秘书：张杏兴 证券简称：云赛智联 云赛 B 股 证券代码：600602 900901 云赛智联股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |-----------------------|---------------------------|-------------------------------------------------------------------|--------------| | 投资者关系 \n活动类别 | □特定对象调研 □分析师会议 | \n■业绩说明会 □新闻发布会 □路演活动 \n□现场参观 □一对一沟通 □其他 | □媒体采访 | | 时间 | 2022 年 6 月 22 | 日星期三 | | | 地点 | 上海市徐汇区宜州路 | 180 号 B6 栋 9 | 楼公司会议室 | 投资者关系活动主要内容介绍： 投资者提问 1：请董事长介绍公司如何在"十四五"期间，抓住上海全面推进城市数 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,210,716,530.06, representing a year-over-year increase of 0.16%[5] - The net profit attributable to shareholders for the same period was ¥62,984,914.77, an increase of 8.54% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥58,823,425.18, showing a significant increase of 29.57% year-over-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 3,096,923,941.07, a decrease of 12.5% compared to CNY 3,538,456,128.66 in the same period of 2021[29] - Net profit for the first three quarters of 2022 was CNY 156,942,905.72, a decline of 12.2% from CNY 178,711,637.39 in 2021[31] - The total profit for the first three quarters of 2022 was CNY 186,393,680.03, a decrease of 3.9% from CNY 193,528,970.59 in 2021[29] - The company experienced a decrease in sales revenue from CNY 3,614,974,140.68 in the previous year to CNY 2,968,063,367.98 in 2022[35] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,631,636,725.85, reflecting a decrease of 4.33% from the end of the previous year[7] - As of September 30, 2022, the company's total assets amounted to CNY 6,631,636,725.85, a decrease from CNY 6,931,923,106.13 at the end of 2021, representing a decline of approximately 4.3%[21] - The company's current assets totaled CNY 5,528,122,279.02, down from CNY 5,841,607,478.26, indicating a decrease of about 5.3% year-over-year[21] - Total liabilities decreased to CNY 1,914,602,632.46 from CNY 2,249,533,202.33, a reduction of about 15%[25] Shareholder Information - The total equity attributable to shareholders at the end of the reporting period was ¥4,518,625,804.94, an increase of 1.47% from the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 105,052[11] - The top shareholder, Shanghai Yidian Electronics (Group) Co., Ltd., held 28.03% of the shares, totaling 383,337,947 shares[13] Cash Flow - The cash flow from operating activities for the year-to-date was negative at ¥-271,154,202.81[5] - Cash flow from operating activities showed a net outflow of CNY -271,154,202.81, an improvement from CNY -384,840,319.96 in the previous year[35] - Cash received from the recovery of investments was CNY 450,000,000.00, significantly lower than CNY 1,569,000,000.00 in the same period of 2021[35] - The net increase in cash and cash equivalents was approximately -$237.44 million, leading to an ending balance of about $2.01 billion[37] Investment and Financing Activities - Investment activities cash outflow totaled approximately $506.05 million, with a net cash flow from investment activities of about $117.73 million[37] - Financing activities cash inflow amounted to approximately $57.84 million, while cash outflow from financing activities was around $142.28 million, resulting in a net cash flow from financing activities of -$84.44 million[37] - The company received $100,000 from minority shareholders as part of investment activities, consistent with the previous period[37] - Cash received from borrowings was approximately $57.74 million, down from $131.07 million in the prior period[37] - The company distributed dividends and interest payments totaling approximately $90.39 million, compared to $83.01 million in the previous period[37] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 254,942,807.14, slightly down from CNY 256,194,594.24 in 2021[29] Other Financial Metrics - The weighted average return on equity for the quarter was 1.4037%, an increase of 0.0945 percentage points compared to the previous quarter[7] - The basic earnings per share for Q3 2022 was ¥0.0461, an increase of 8.73% year-over-year[7] - Basic earnings per share for the first three quarters of 2022 was CNY 0.1113, compared to CNY 0.1244 in the same period of 2021[31] - The company reported a significant increase in investment income to CNY 135,771,318.20, compared to CNY 24,168,400.87 in the previous year[29] - The company's equity attributable to shareholders increased to CNY 4,518,625,804.94 from CNY 4,453,120,486.97, reflecting a growth of approximately 1.5%[25] - The company reported a decrease in short-term borrowings to CNY 6,523,336.25 from CNY 63,963,870.00, a significant reduction of about 89.8%[24] - The company’s contract liabilities decreased to CNY 524,767,846.56 from CNY 776,920,101.63, indicating a decline of approximately 32.4%[24] - The company’s total non-current assets increased slightly to CNY 1,103,514,446.83 from CNY 1,090,315,627.87, reflecting a growth of about 1.2%[24] Cash and Cash Equivalents - Cash and cash equivalents were reported at CNY 3,355,478,554.25, a decline from CNY 3,573,260,615.34, reflecting a decrease of approximately 6.1%[21] - The beginning cash and cash equivalents balance was approximately $2.25 billion, down from $2.36 billion in the previous period[37] - The impact of exchange rate changes on cash and cash equivalents was a positive $425,198.76[37] Accounting Standards - The company is not applying the new accounting standards or interpretations for the first time in 2022[37]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,886,207,411.01, a decrease of 19.15% compared to ¥2,332,920,457.35 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was ¥89,199,119.48, down 20.42% from ¥112,088,486.61 in the previous year[21]. - The net cash flow from operating activities was negative at ¥-556,001,671.32, compared to ¥-444,389,527.53 in the same period last year[21]. - The total assets at the end of the reporting period were ¥6,450,230,053.23, a decrease of 6.95% from ¥6,931,923,106.13 at the end of the previous year[21]. - The basic earnings per share for the first half of 2022 were ¥0.0652, a decline of 20.49% from ¥0.0820 in the same period last year[21]. - The weighted average return on net assets was 2.0026%, down from 2.5889% in the previous year[21]. - The company reported a net asset attributable to shareholders of ¥4,455,197,069.18, a slight increase of 0.05% from ¥4,453,120,486.97 at the end of the previous year[21]. - The company faced a significant decline in net profit after deducting non-recurring gains and losses, reporting ¥-33,495,200.01 compared to ¥104,768,172.44 in the same period last year, a decrease of 131.97%[21]. - The company achieved a revenue of 1.886 billion RMB and a net profit attributable to shareholders of 89.19 million RMB during the reporting period[37]. Research and Development - R&D investment for the first half of 2022 was ¥165 million, accounting for 8.73% of total revenue, indicating a strong commitment to innovation[28]. - The company emphasizes the need for increased R&D investment to enhance core competitiveness in response to rapid technological advancements[57]. - The company's research and development expenses decreased by 5.79%, totaling ¥164,629,274.46, down from ¥174,745,916.68 in the previous year[41]. Operational Developments - The company launched the "Digital Sentinel" application system and the "Yiqi Service" management platform to support pandemic prevention and economic recovery efforts[27]. - The company successfully completed the first phase of the new data center project in Songjiang, which has received the highest national certification[27]. - The company achieved a notable milestone by having two of its products, the "Leici" ZDJ-5B automatic titrator and the "Yidian Wuguang" SGW-568 automatic polarimeter, recognized as "Shanghai Brands"[27]. - The company has been actively involved in the construction and operation of the Shanghai Big Data Resource Platform, enhancing its core technical capabilities[28]. - The company is focused on providing comprehensive digital transformation services, including top-level planning, design consulting, and data governance[28]. - The company is positioned as the total integrator of the Shanghai Big Data Center and the main operator of the data operation platform, reinforcing its market leadership[28]. Market and Strategic Positioning - The company is actively expanding its market presence in the Yangtze River Delta, Pearl River Delta, and other key regions, promoting digital transformation projects[31]. - The company is a key partner of major cloud service providers, including Microsoft Azure, Huawei Cloud, and Alibaba Cloud, enhancing its cloud service capabilities[34]. - The company continues to enhance its industry solution offerings in areas such as smart security, education, and food safety traceability[35]. - The company is focused on strengthening its three main business segments: cloud services, big data governance, and smart products, to achieve strategic goals[31]. Financial Position and Liabilities - The total liabilities decreased from ¥2,249,533,202.33 to ¥1,806,649,272.44, a reduction of about 19.7%[109]. - Current liabilities decreased from ¥2,030,574,341.88 to ¥1,565,598,326.77, a decrease of approximately 22.9%[109]. - The company's short-term borrowings decreased to zero, down from ¥63,963,870.00 in the previous year[46]. - The company has a total guarantee amount of 18,188.18 million RMB, which accounts for 4.08% of the company's net assets[85]. - The company has reported a total of 24,249.64 million RMB in guarantees provided to subsidiaries during the reporting period[85]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 114,190[93]. - The largest shareholder, Shanghai Yidian Electronics (Group) Co., Ltd., holds 383,337,947 shares, representing 28.03% of total shares[93]. - The second largest shareholder, Yunsai Information (Group) Co., Ltd., holds 88,948,065 shares, representing 6.50% of total shares[93]. Legal and Compliance - The company is not subject to any administrative penalties due to environmental issues during the reporting period[66]. - There are no significant lawsuits or arbitration matters reported during the period[76]. - The company and its controlling shareholders have not failed to fulfill any court judgments or large debt obligations during the reporting period[76]. Cash Flow and Investments - The investment activities generated a net cash flow of ¥155,175,729.26, a significant increase of 205.08% from ¥-147,667,223.55 in the previous year[41]. - The company reported a net cash inflow from investment activities of ¥373,767,468.01, down from ¥1,381,498,774.70, a decrease of 72.94%[126]. - The company reported a net cash outflow from financing activities of ¥187,668,085.11, compared to a net inflow of ¥7,030,103.91 in the same period last year[132]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position, operating results, changes in equity, and cash flows accurately[157]. - The company applies the equity method for accounting treatment of mergers under common control, measuring assets and liabilities at their book value on the merger date[160]. - The company consolidates financial statements based on control, including all subsidiaries in the consolidation scope[161]. - The company has established criteria for determining cash and cash equivalents, emphasizing liquidity and the ability to convert investments into cash[168].

2022 年第一季度报告 单位：元 币种：人民币 证券代码：600602 900901 证券简称：云赛智联 云赛 B 股 云赛智联股份有限公司 2022 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个别及连带责任。 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。 公司负责人黄金刚先生、主管会计工作负责人翁峻青先生及会计机构负责人（会计主管人员）唐 青女士保证季度报告中财务报表信息的真实、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 本报告期 | --- | --- | --- | --- | --- | |-------------------------------|------------------|-------------------|------------------|--------------------------------- ...

Financial Performance - The company's total revenue for 2021 was approximately CNY 4.99 billion, representing an 8.77% increase compared to 2020[21]. - Net profit attributable to shareholders for 2021 was approximately CNY 256.70 million, a 3.00% increase from the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 154.48 million, showing a decrease of 23.63% year-on-year[21]. - The net cash flow from operating activities for 2021 was approximately CNY 156.13 million, a significant decline of 66.47% compared to 2020[21]. - The total assets at the end of 2021 amounted to approximately CNY 6.93 billion, reflecting a 10.82% increase from the previous year[21]. - The net assets attributable to shareholders at the end of 2021 were approximately CNY 4.45 billion, an increase of 3.72% year-on-year[21]. - Basic earnings per share for 2021 was CNY 0.188, a 3.30% increase compared to CNY 0.182 in 2020[22]. - Diluted earnings per share for 2021 was also CNY 0.188, reflecting the same 3.30% increase from 2020[22]. - The company achieved operating revenue of CNY 4.993 billion and a net profit attributable to shareholders of CNY 257 million, with a net cash inflow from operating activities of CNY 156 million[38]. Dividends and Capital Management - The company plans to distribute a cash dividend of CNY 0.57 per 10 shares, totaling approximately CNY 77.96 million, which accounts for 30.37% of the net profit for the year[6]. - The company does not plan to increase capital reserves through stock conversion for the 2021 fiscal year[6]. Operational Highlights - The company reported a net cash flow from operating activities of CNY 540,974,173.19 in Q4 2021, a significant recovery from previous quarters[24]. - The company completed the first phase of its big data computing center in Songjiang District, which won the "Yangtze River Delta Green Low-Carbon Demonstration Data Center" award[34]. - The company has developed a comprehensive data open platform and a lake-warehouse integrated digital platform, covering all dimensions of data management[34]. - The "Suishin Code" platform, managed by the company, has over 65 million users and has been used more than 4 billion times, significantly aiding in pandemic control in Shanghai[37]. - The company has established partnerships with major cloud service providers like Microsoft Azure, Huawei Cloud, and Alibaba Cloud to enhance its cloud service capabilities[34]. Research and Development - R&D expenses amounted to CNY 370 million, accounting for 7.42% of operating revenue, reflecting a 23.84% increase from the previous year[47]. - The company has a total of 1,175 R&D personnel, accounting for 46% of the total workforce[58]. - The company has filed for 75 intellectual property rights, including 28 invention patents and 31 software copyrights during the reporting period[43]. Market Strategy and Expansion - The company aims to expand its market presence in the Yangtze River Delta, Pearl River Delta, and Beijing-Tianjin-Hebei regions through comprehensive digital solutions[33]. - The company is focusing on the development of core software products covering various fields, enhancing its competitive edge in software and information services[43]. - The company is actively involved in the construction of the Shanghai Electronic Government Cloud IaaS, PaaS, and DaaS platforms, further solidifying its role in digital governance[34]. Compliance and Governance - The company conducted a self-assessment of its governance structure, confirming compliance with relevant laws and regulations, and found no discrepancies in governance practices[94]. - The board of directors actively participated in specialized training to enhance governance standards, ensuring all members fulfilled their responsibilities diligently[94]. - The company has strengthened its compliance system to mitigate legal risks and ensure effective governance structure[97]. Risk Management - The company has outlined potential risks in its future development strategy, which investors should be aware of[7]. - The company emphasizes the importance of compliance risk management, addressing operational, safety, and ideological risks to ensure sustainable development[88]. - The company recognizes the potential impact of macroeconomic environment risks on market demand for smart city solutions[88]. Employee and Management Information - The total number of employees in the company and its main subsidiaries is 2,554, with 56 in the parent company and 2,498 in subsidiaries[126]. - The company has a diverse management team with extensive experience in various sectors, including finance, engineering, and technology[103]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 4.22 million CNY[100]. Legal and Financial Matters - The company has ongoing significant litigation matters, including a civil lawsuit involving a claim of RMB 23,890,671.59, with an outstanding amount of RMB 20,694,732.92 remaining[163]. - The company reported actual related party transactions for 2021 amounting to RMB 27,568.58 million, compared to an estimated RMB 29,227.23 million[167]. - The company has confirmed that there are no significant violations or penalties against its directors, supervisors, or senior management during the reporting period[166].

2021 年第三季度报告 证券代码：600602 证券简称：云赛智联 900901 云赛 B 股 云赛智联股份有限公司 2021 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个别及连带责任。 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 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 16 2021 年第三季度报告 单位：元 币种：人民币 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|-------------------|--------- ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥2,329,731,688.49, representing a 19.21% increase compared to ¥1,954,374,037.09 in the same period last year [19] - Net profit attributable to shareholders was ¥112,098,872.77, up 23.44% from ¥90,809,179.78 in the previous year [19] - The net profit after deducting non-recurring gains and losses was ¥104,779,641.88, showing a significant increase of 44.35% from ¥72,585,703.20 year-on-year [19] - Basic earnings per share for the first half of 2021 were ¥0.0820, which is a 23.49% increase compared to ¥0.0664 in the same period last year [20] - The weighted average return on net assets increased to 2.5790%, up by 0.3988 percentage points from 2.1802% in the previous year [20] - The company reported a total profit for the first half of 2021 of CNY 128,962,660.16, compared to CNY 114,709,696.24 in the previous year, indicating an increase of about 12.4% [131] - The company's net profit for the first half of 2021 reached CNY 119,640,494.67, an increase from CNY 99,343,490.58 in the same period of 2020, representing a growth of approximately 20.4% [131] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥6,604,007,743.57, a 5.69% increase from ¥6,248,247,780.27 at the end of the previous year [19] - The net assets attributable to shareholders increased to ¥4,403,276,131.77, reflecting a 2.61% growth from ¥4,291,223,621.38 at the end of the last year [19] - Accounts receivable rose to ¥1,518,182,231.89, accounting for 22.99% of total assets, a 33.37% increase from the previous year [39] - Total liabilities reached RMB 1,795,720,971.02, up from RMB 1,714,672,150.21, indicating an increase of approximately 4.9% [116] - Short-term borrowings increased to RMB 85,153,870.00 from RMB 25,000,000.00, reflecting a significant rise of 240.6% [116] Cash Flow - The company reported a net cash flow from operating activities of -¥446,925,910.26, compared to -¥171,466,989.40 in the same period last year [19] - The company's operating cash flow was -446.93 million CNY, indicating a significant cash outflow compared to -171.47 million CNY in the previous year [36] - Cash inflows from operating activities totaled approximately ¥2.46 billion in the first half of 2021, compared to ¥2.12 billion in the same period of 2020, marking a growth of 15.8% [141] - The net cash flow from investment activities was negative at approximately -¥147.07 million for the first half of 2021, an improvement from -¥172.48 million in the same period of 2020 [141] Research and Development - R&D investment for the first half of the year amounted to 17,475,000 RMB, representing 7.50% of total revenue [28] - The company’s R&D expenses increased by 20.37% to 174.75 million CNY, up from 145.18 million CNY in the previous year [36] - The company has filed for 23 intellectual property rights, including 7 invention patents, indicating a strong focus on innovation [28] - The company is focusing on digital transformation as a key strategy, aligning with national and local government initiatives [27] Market and Business Development - The company is actively expanding its IDC data center construction, with the completion of the basic infrastructure for the Songjiang Big Data Computing Center, which is now in the equipment installation phase [28] - The company aims to enhance its cloud service MSP capabilities and provide high-quality solutions for government and enterprise clients [28] - The company is involved in the construction of smart city solutions, including participation in the Shanghai Chongming Flower Expo and the Shanghai World Expo Park [28] - The company has maintained high-tech enterprise status for 17 subsidiaries, reflecting its commitment to technological advancement [28] Related Party Transactions - The company reported a total of 28,000.00 million CNY in related party transactions for the first half of 2021, with actual transactions amounting to 13,676.26 million CNY [80] - The company has taken effective measures to minimize related party transactions with the listed company and ensure fair pricing [71] - The total amount of guarantees provided by the company to subsidiaries during the reporting period was ¥270,096,555.55, with a remaining balance of ¥216,320,103.52 at the end of the period [89] Social Responsibility - The company actively participated in poverty alleviation efforts, partnering with Xiahe Village in Yunnan Province, which has 261 households and a poverty incidence rate of 43.3% [63] - The company donated funds to support projects such as rose eggplant and green pea expansion, meat rabbit breeding, and mulberry silkworm cultivation in Xiahe Village [63] - Xiahe Village successfully passed the national poverty alleviation assessment, achieving comprehensive poverty alleviation goals [63] Compliance and Governance - The company has no significant litigation or arbitration matters during the reporting period [79] - The company has maintained compliance with financial obligations and has no outstanding court judgments or significant overdue debts [79] - The board of directors believes the company has sufficient operating funds to continue as a going concern for at least 12 months from the approval date of the financial statements [169] Financial Reporting - The financial statements were prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of June 30, 2021 [171] - The company consolidates financial statements for the entire group as a single accounting entity, reflecting overall financial status, operating results, and cash flows [179]

2021 年第一季度报告 公司代码：600602 900901 公司简称：云赛智联 云赛 B 股 云赛智联股份有限公司 2021 年第一季度报告 1 / 24 2021 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 24 2021 年第一季度报告 单位：元 币种：人民币 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 公司负责人黄金刚、主管会计工作负责人翁峻青及会计机构负责人（会计主管人员）唐青保 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 | --- | --- | --- | --- | |------------------------------------------------|--- ...

Dividend Distribution - The company plans to distribute a cash dividend of 0.55 RMB per 10 shares, totaling 75,222,040.03 RMB, which accounts for 30.25% of the net profit attributable to shareholders in 2020[4]. - The company reported a retained earnings of 969,380,959.78 RMB after the dividend distribution[4]. - The company did not conduct a capital reserve transfer to increase share capital in 2020[4]. - The company distributed a cash dividend of 0.54 CNY per 10 shares for the year 2019, totaling 73,854,366.57 CNY, which accounted for 30.54% of the net profit attributable to shareholders[84]. - For the year 2020, the proposed cash dividend is 0.55 CNY per 10 shares, amounting to 75,222,040.03 CNY, representing 30.25% of the net profit attributable to shareholders[85]. - The company's total share capital as of the end of 2019 was 1,367,673,455 shares, which serves as the basis for the dividend distribution[84]. - The net profit attributable to shareholders for 2020 was reported at 248,655,432.17 CNY[85]. - The company has not proposed any capital reserve fund conversion into share capital for the year 2020[84]. - The company plans to carry forward an undistributed profit of 969,380,959.78 CNY to future years after the dividend distribution[84]. - The cash dividend distribution plan for 2020 is subject to approval at the annual shareholders' meeting[84]. - The company has consistently adhered to its cash dividend policy, protecting the rights of minority investors[84]. Financial Performance - The company's operating revenue for 2020 was approximately ¥4.59 billion, a decrease of 6.13% compared to 2019[16]. - Net profit attributable to shareholders for 2020 was approximately ¥248.66 million, reflecting a 2.84% increase year-over-year[16]. - The net cash flow from operating activities increased by 53.15% to approximately ¥465.31 million in 2020[16]. - Basic earnings per share for 2020 were ¥0.182, up 2.82% from ¥0.177 in 2019[17]. - The weighted average return on equity for 2020 was 5.915%, a slight decrease of 0.070 percentage points from 2019[17]. - The company achieved operating revenue of 4.589 billion yuan and a net profit attributable to shareholders of 249 million yuan, with a year-on-year growth of 23.15% in net profit after deducting non-recurring gains and losses[34]. - Operating cash flow increased by 53.15% year-on-year, reaching 465 million yuan[34]. - The company reported a significant increase in non-operating income, which rose by 71.39% to ¥19,702,079.75, mainly due to government subsidies[41]. - The company reported a total revenue of RMB 4,589,218,681.63 for the year 2020[192]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[4]. - The board of directors and senior management confirm the accuracy and completeness of the annual report, assuming legal responsibility for any misstatements or omissions[4]. - The company has not faced any risks of suspension or termination of its listing during the reporting period[98]. - The company has confirmed that there are no major debts or court judgments that have not been fulfilled by the company or its major shareholders during the reporting period[102]. - The company has not reported any significant accounting errors that would require correction during the reporting period[95]. - The company has not experienced any asset or project profitability forecasts that were not met during the reporting period[92]. - The company has not disclosed any significant changes in its internal control audit firm during the reporting period[96]. - The company has not faced any issues related to the occupation of funds or collection progress during the reporting period[92]. - The company confirmed compliance with all relevant laws and regulations regarding related party transactions[91]. - The internal control audit report issued by the accounting firm provided a standard unqualified opinion on the effectiveness of the company's internal controls[192]. - The company has engaged an independent audit firm to evaluate the effectiveness of its internal controls[192]. Operational Highlights - The company increased investment in data center construction, launching the Songjiang Big Data Computing Center, and optimizing existing IDC infrastructure and value-added services[29]. - The company's R&D investment reached 299.1 million, with a 146% increase in the number of applied intellectual property rights compared to the previous year[29]. - The company actively participated in the construction of Shanghai's "City Brain" and the municipal disaster recovery center, enhancing its role in the city's digital transformation[29]. - The company was recognized as one of the "Top 10 Most Influential Enterprises" in the smart city industry and received various awards from industry partners[31]. - The company aims to strengthen its core technology and transition to an integrated service model combining software and hardware[29]. - The company is focused on high-quality development amidst the challenges posed by the pandemic and complex economic conditions[29]. - The company is positioned as a comprehensive solution provider and operator for smart city initiatives, enhancing its capabilities across various sectors[29]. - The company has established a three-level R&D linkage system, achieving significant results in project implementation[29]. - The company has been awarded multiple national administrative licenses, enhancing its operational qualifications[29]. - The company is actively involved in the construction and operation of the "One Network for All" and "One Network for Management" projects in Shanghai, enhancing smart city initiatives[34]. Market Presence and Clientele - The company has over 5,000 cumulative clients, including many Fortune 500 companies, indicating a strong market presence[34]. - The IDC business added 201 new customer contracts in 2020, reflecting growth in cloud services[34]. - The company is committed to expanding its market presence in the Yangtze River Delta integration urban cluster, particularly in big data platform construction[78]. - The company is set to enhance its brand building and product upgrades in response to the State-owned Assets Supervision and Administration Commission's initiatives[78]. Research and Development - The company has established a three-level R&D linkage system to enhance its core capabilities in project planning and platform development[40]. - The company invested ¥299,107,746.47 in R&D, filing 82 intellectual property applications, including 33 invention patents[41]. - The number of R&D personnel was 1,291, representing 52.82% of the company's total workforce[57]. - The company has a total of 8 employees with a doctoral degree and 91 with a master's degree, reflecting a highly educated workforce[170]. Corporate Social Responsibility - The company invested ¥240,000 in healthcare resources in impoverished areas as part of its social responsibility initiatives[132]. - A total of 2,000 individuals received vocational skills training, with an investment of ¥80,000 in training programs[132]. - The company has initiated two agricultural poverty alleviation projects with an investment of ¥20,210[132]. - The company actively engaged in poverty alleviation by purchasing agricultural products from impoverished areas, successfully helping two targeted villages pass preliminary poverty alleviation assessments[135]. - The company donated emergency water quality testing equipment to ensure water safety in affected areas[135]. - The company emphasized corporate social responsibility by promoting employee development and enhancing corporate culture[135]. Governance and Management - The company is led by a diverse team with extensive experience in various sectors, including engineering and finance[156]. - The board includes independent directors with backgrounds in law and finance, enhancing governance and oversight[156]. - The company has maintained a stable management structure with no significant changes in personnel during the reporting period[154]. - The overall governance structure is supported by a mix of experienced professionals and independent directors, ensuring effective decision-making[156]. - The total remuneration for the company's directors, supervisors, and senior management was CNY 4.7475 million for the 2020 fiscal year[165]. - The company employed a total of 2,444 staff, with 75 in the parent company and 2,369 in major subsidiaries[170]. - The company has a total of 8 employees with a doctoral degree and 91 with a master's degree, reflecting a highly educated workforce[170]. Risks and Challenges - The company faces risks related to macroeconomic policy changes that could impact market demand in the smart city sector[81]. - The company recognizes the rapid evolution of technologies like AI and big data, necessitating continuous innovation and R&D investment[81]. - The company is aware of potential goodwill impairment risks due to market fluctuations and the performance of acquired entities[81].

Financial Performance - Operating revenue for the first nine months was CNY 3,073,494,971.20, down 10.72% year-on-year[17] - Net profit attributable to shareholders for the first nine months was CNY 155,644,890.03, a decrease of 15.87% compared to the same period last year[17] - The company reported a net profit of CNY 129,973,034.94 after deducting non-recurring gains and losses, an increase of 3.46% year-on-year[17] - Total operating revenue for Q3 2020 was ¥1,119,120,934.11, a decrease of 12.3% compared to ¥1,276,679,281.90 in Q3 2019[51] - Net profit for Q3 2020 reached ¥72,807,022.99, an increase of 7.4% from ¥67,688,717.59 in Q3 2019[55] - The company reported a total profit of ¥76,385,654.36 for Q3 2020, compared to ¥71,571,420.95 in Q3 2019, reflecting a growth of 6.4%[55] - The company’s total comprehensive income for Q3 2020 was ¥72,706,803.48, compared to ¥67,692,662.32 in Q3 2019, an increase of 7.4%[60] Cash Flow - The net cash flow from operating activities for the first nine months was CNY -89,924,007.62, an improvement from CNY -453,382,504.22 in the previous year[17] - The net cash flow from operating activities for the first three quarters of 2020 was negative CNY 89,924,007.62, an improvement from negative CNY 453,382,504.22 in the same period of 2019[69] - Cash received from operating activities for the first three quarters of 2020 was CNY 3,402,417,055.35, slightly down from CNY 3,470,009,332.80 in the same period of 2019[69] - Cash inflow from operating activities totaled CNY 196,826,367.66, up from CNY 96,928,361.18 in 2019, marking an increase of about 103%[74] - Cash outflow for operating activities was CNY 95,104,954.41, compared to CNY 87,806,425.36 in the previous year, an increase of approximately 8%[74] - The company reported a significant increase in cash received from other operating activities, totaling CNY 188,305,974.94, compared to CNY 88,805,663.07 in 2019, representing a growth of about 112%[74] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,868,022,104.18, a decrease of 4.23% compared to the end of the previous year[17] - The company’s total current assets decreased to ¥5,085,007,175.43 from ¥5,325,730,602.71 in the previous period[36] - Total liabilities decreased from 1,825,356,272.44 to 1,453,364,970.23, a reduction of about 20.38%[42] - Current liabilities decreased from 1,806,583,764.06 to 1,432,220,397.68, a reduction of approximately 20.74%[42] - Cash and cash equivalents decreased from 1,348,348,080.34 to 1,039,056,695.99, a decline of approximately 22.91%[46] - Non-current assets totaled 783,014,928.75, down from 801,268,213.48, representing a decrease of about 2.93%[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 97,611, with the largest shareholder holding 28.03% of the shares[23] - Shareholders' equity increased from 4,301,642,543.75 to 4,414,657,133.95, an increase of approximately 2.62%[42] Investment and Expenses - R&D expenses for Q3 2020 were ¥67,054,722.94, a decrease of 11.1% compared to ¥75,391,982.24 in Q3 2019[51] - Investment income dropped by 65.57% to ¥25,429,357.97, mainly due to a reduction in government subsidies compared to the previous year[28] - Investment income for Q3 2020 was ¥10,370,057.65, down 52.0% from ¥21,615,814.84 in Q3 2019[55] - The company reported a decrease in sales expenses to ¥38,867,495.64 in Q3 2020 from ¥32,305,649.97 in Q3 2019, an increase of 20.0%[51] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[17]