证券代码：600770 证券简称：综艺股份 公告编号：临 2023-021 江苏综艺股份有限公司 以上数据为阶段统计数据，未经审计。 特此公告！ 江苏综艺股份有限公司 二零二三年八月二十六日 区域 装机容量 (MW) 发电量 (Kwh) 上网电量(Kwh) 结算电量(Kwh) 上网电价 （元/KWH） 注 新疆 20 13,538,000.00 13,345,500.00 13,345,500.00 0.81 江苏 11.8 8,931,920.00 8,931,920.00 8,931,920.00 0.71-0.92 美国 19 13,332,018.00 13,332,018.00 13,332,018.00 1.88 保加利亚 16.9 10,414,478.00 10,414,478.00 10,414,478.00 0.83-1.28 意大利 17.34 9,028,866.33 9,028,866.33 9,028,866.33 1.82-2.02 罗马尼亚 12.5 6,311,108.00 6,311,108.00 6,311,108.00 1.44 本公司光伏电站业务 2023 年半年度主 ...

证券代码：600770 证券简称：综艺股份 公告编号：临 2023-016 江苏综艺股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于 2023 年 05 月 29 日(星期一) 至 06 月 02 日(星期五)16:00 前登录上证路演 中心网站首页点击"提问预征集"栏目或通过公司邮箱 zygf@zy600770.com 进行提问。公 司将在说明会上对投资者普遍关注的问题进行回答。 （一） 会议召开时间：2023 年 06 月 05 日 上午 09:00-10:00 （二） 会议召开地点：上证路演中心 （三） 会议召开方式：上证路演中心网络互动 秘书顾政巍女士，公司独立董事胡杰，公司副总经理、财务负责人钱志华先生（如遇特殊 情况，参会人员可能将有调整）。 四、 投资者参加方式 （一）投资者可在 2023 年 06 月 05 日 上午 09:00-10:00，通过互联网登录上证路演 中心（http://roadshow.sseinfo.com ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥94,833,279.11, representing a year-on-year increase of 2.54%[6]. - Total operating revenue for Q1 2023 was ¥94,833,279.11, an increase of 2.4% compared to ¥92,481,868.35 in Q1 2022[21]. - Total operating costs for Q1 2023 were ¥103,818,049.99, up from ¥102,959,601.56 in Q1 2022, reflecting a rise of 0.8%[21]. - Net loss for Q1 2023 was ¥29,913,816.96, compared to a net loss of ¥189,064,068.42 in Q1 2022, showing an improvement[22]. - The company's gross profit margin decreased to -9.4% in Q1 2023 from -13.1% in Q1 2022[21]. - Basic earnings per share for Q1 2023 were -¥0.02, compared to -¥0.11 in Q1 2022, indicating a slight improvement in performance[22]. Cash Flow - The net cash flow from operating activities decreased by 16.47% to ¥5,168,401.91[6]. - The net cash flow from operating activities for Q1 2023 was ¥5,168,401.91, a decrease of 16.43% compared to ¥6,187,714.52 in Q1 2022[25]. - Total cash inflow from investment activities was ¥167,360,453.81, down from ¥225,748,496.16 in the previous year, reflecting a decline of 25.8%[25]. - The net cash flow from financing activities increased to ¥43,351,587.45, compared to ¥17,398,782.19 in Q1 2022, marking a significant increase of 149.5%[26]. - Cash received from other operating activities amounted to ¥19,620,568.85, a decrease from ¥55,987,942.96 in the previous year, reflecting a decline of 64.9%[25]. - The cash outflow for operating activities totaled ¥103,098,512.59, down from ¥121,500,524.93 in Q1 2022, representing a decrease of 15.1%[25]. - The cash outflow for financing activities decreased to ¥61,648,412.55 from ¥123,601,217.81 in the previous year, a reduction of 50%[26]. - The company reported a net increase in cash and cash equivalents of ¥63,560,195.41, compared to ¥75,837,164.24 in Q1 2022, a decrease of 16.2%[26]. - The cash inflow from borrowing was ¥105,000,000.00, down from ¥141,000,000.00 in the previous year, reflecting a decrease of 25.5%[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,469,738,172.46, a slight decrease of 0.13% compared to the end of the previous year[7]. - As of March 31, 2023, the company's total assets amounted to ¥5,469,738,172.46, a slight decrease from ¥5,476,825,185.68 on December 31, 2022[18]. - Total current assets decreased to ¥1,969,191,851.19 from ¥1,978,043,324.43, indicating a decline of about 0.4%[18]. - The total liabilities increased to ¥858,917,018.01 in Q1 2023 from ¥832,002,142.95 in Q1 2022, marking a rise of 3.3%[21]. - The total equity attributable to shareholders decreased to ¥3,355,697,013.86 in Q1 2023 from ¥3,383,062,087.16 in Q1 2022, a decline of 0.8%[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,497[13]. - The top shareholder, Nantong Zongyi Investment Co., Ltd., held 19.92% of the shares, with 125,000,000 shares pledged[14]. - The company reported a total of 258,955,709 shares held by its largest shareholder, Nantong Zongyi Investment Co., Ltd.[17]. Investment and Other Income - The company reported non-operating income of ¥211,811.90 from government subsidies related to normal business operations[9]. - The company experienced a significant decrease in fair value gains from investments, amounting to a loss of ¥8,917,993.65 due to market fluctuations[11]. - The company reported an investment income of ¥4,662,024.91 in Q1 2023, a significant recovery from a loss of ¥12,952,825.61 in Q1 2022[21]. - Cash received from investment income was ¥7,187,534.95, significantly higher than ¥1,591,931.51 in Q1 2022, showing an increase of 351.5%[25]. Regulatory and Compliance - The company is under regulatory scrutiny for past related party transactions, which may impact future operations and disclosures[17].

Financial Performance - The company's operating revenue for Q3 2022 was ¥113,016,662.14, representing a year-on-year increase of 19.11%[6] - The net profit attributable to shareholders was -¥43,773,782.20, with a significant decline of 1,404.45% year-on-year[6] - The basic earnings per share for the period was -¥0.03, compared to -¥0.25 in the same period last year, reflecting a decrease of 1,350%[7] - The company reported a significant decline in the net profit excluding non-recurring items, which was -¥15,487,663.60, a decrease of 135.11% year-on-year[6] - The net profit for the third quarter of 2022 was a loss of ¥417,388,297.47, compared to a profit of ¥38,123,295.53 in the same quarter of 2021, indicating a significant decline[24] - Basic and diluted earnings per share for the third quarter were both -¥0.25, compared to ¥0.02 in the same quarter of the previous year[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,582,279,016.84, down 7.01% from the previous year-end[7] - The company's total assets decreased to ¥5,582,279,016.84 from ¥6,003,379,576.38, reflecting a decline of approximately 7%[21] - Total liabilities amounted to ¥938,470,644.08, down from ¥985,290,741.39, showing a decrease of about 4.7%[21] - The company experienced a decrease in total equity attributable to shareholders, which was ¥3,348,911,605.71, down 7.82% from the previous year-end[7] - The company's equity attributable to shareholders decreased to ¥3,348,911,605.71 from ¥3,633,090,179.40, a decline of approximately 7.9%[21] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥50,731,372.85, showing a substantial increase of 541.65%[6] - The net cash flow from operating activities was CNY 50,731,372.85, significantly up from CNY 7,906,421.79 in the previous year, marking a growth of 541.5%[27] - The total cash inflow from investment activities was CNY 342,358,728.34, down 40.9% from CNY 578,833,263.68 in the same period last year[28] - The net cash flow from investment activities was -CNY 183,234,416.20, worsening from -CNY 135,385,056.56 in the previous year[28] - The cash inflow from financing activities was CNY 241,000,000.00, slightly up from CNY 240,000,000.00 in the same period of 2021[28] - The net cash flow from financing activities improved to CNY 1,047,074.01, compared to -CNY 37,262,427.01 in the previous year[28] Shareholder Information - The largest shareholder, Nantong Zongyi Investment Co., Ltd., holds 333,955,709 shares, accounting for 25.69% of the total shares, with 125,000,000 shares pledged[12] - The second-largest shareholder, Zan Shengda, holds 239,885,029 shares, representing 18.45% of the total shares, with 143,200,000 shares pledged[12] Investment and Expenses - Research and development expenses for the third quarter were ¥10,119,502.14, down from ¥11,837,635.89, indicating a reduction of about 14.5%[24] - The company reported an investment loss of ¥23,592,339.23, contrasting with an investment gain of ¥17,079,857.54 in the previous year[24] Other Financial Metrics - Non-recurring losses amounted to -¥28,286,118.60 for the period, with a cumulative total of -¥251,045,516.49 year-to-date[9] - The weighted average return on equity decreased to -1.30%, down 0.88 percentage points from the previous year[7] - The company attributed the significant losses to large fluctuations in the fair value of securities investments held by its overseas subsidiaries[9] - The total current assets as of September 30, 2022, amount to 1,992,898,955.89 RMB, a decrease from 2,364,116,084.02 RMB in the previous period[19] - The total non-current assets are reported at 3,174,000,000 RMB, with significant components including long-term equity investments of 234,086,336.55 RMB[19] - The cash and cash equivalents decreased from 1,038,355,008.95 RMB to 915,738,427.05 RMB[19] - The accounts receivable increased from 155,373,100.81 RMB to 181,671,823.43 RMB, indicating a rise in credit sales[19] - Inventory levels rose from 72,159,235.72 RMB to 88,507,871.86 RMB, reflecting increased stock[19] - The company reported a total of 151,336,228.09 RMB in other equity instrument investments, unchanged from the previous period[19] - The goodwill remains stable at 41,890,387.05 RMB, indicating no impairment or changes in this asset category[19] - Total operating revenue for the first three quarters of 2022 reached ¥303,163,212.19, a slight increase from ¥300,384,432.46 in the same period of 2021, representing a growth of approximately 0.6%[23] - Total operating costs decreased to ¥293,125,192.06 from ¥320,345,045.40, marking a reduction of about 8.5%[23] - Other comprehensive income after tax for the third quarter was ¥43,227,521.89, compared to a loss of ¥80,102,550.82 in the same quarter of 2021[25] - The company received CNY 44,932,565.32 in tax refunds, a significant increase from CNY 1,584,892.70 in the previous year[27] - The cash outflow for purchasing goods and services was CNY 175,753,995.14, up from CNY 150,240,671.64 in the same period last year[27] - The cash outflow for other operating activities was CNY 119,160,205.80, slightly down from CNY 122,828,557.62 in the previous year[27]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥190,146,550.05, a decrease of 7.47% compared to ¥205,499,541.19 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of ¥283,934,968.08, a significant decline from a profit of ¥40,656,743.20 in the previous year, representing a decrease of 798.37%[20]. - The basic earnings per share for the reporting period was -¥0.22, a decrease of 833.33% from ¥0.03 in the same period last year[21]. - The weighted average return on net assets was -8.12%, a decrease of 9.22 percentage points from 1.10% in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥61,175,570.19, compared to -¥15,087,195.34 in the previous year[20]. - The company reported a significant loss primarily due to substantial changes in the fair value of securities investments held by its subsidiaries[21]. - The company reported a net loss of CNY 345,754,800.06 for the first half of 2022, compared to a net profit of CNY 28,335,210.15 in the same period of 2021, indicating a significant decline in performance[125]. - The total comprehensive income for the period was CNY -331,753,303.92, compared to CNY -26,345,710.19 in the prior year[125]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 178.32%, reaching ¥35,326,581.57 compared to ¥12,692,600.80 in the same period last year[20]. - Cash inflows from operating activities totaled CNY 279,792,122.60, an increase from CNY 252,726,930.29 in the first half of 2021[130]. - The total cash inflow from investment activities was 272,907,745.35 RMB, while cash outflow was 396,477,928.07 RMB, resulting in a net cash flow of -123,570,182.72 RMB, indicating a decrease in investment returns compared to the previous year[131]. - The company reported a net cash flow from financing activities of -11,417,361.82 RMB, an improvement from -30,974,210.63 RMB in the first half of 2021, suggesting better management of financing costs[132]. - The total cash and cash equivalents at the end of the period stood at 937,066,225.31 RMB, compared to 901,975,556.65 RMB at the end of the previous year, indicating a slight increase in liquidity[132]. - The company experienced a net decrease in cash and cash equivalents of 100,405,093.97 RMB in the first half of 2022, which is an improvement from a decrease of 206,517,788.73 RMB in the same period of 2021[132]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,606,066,602.25, down 6.62% from ¥6,003,379,576.38 at the end of the previous year[20]. - The company's total liabilities increased slightly to CNY 919,850,757.83 from CNY 985,290,741.39, indicating a decrease of approximately 6.66%[117]. - The company's short-term borrowings increased by 14.78% to 229,126,259.26 RMB compared to the previous period[72]. - The company's current assets decreased to CNY 2,053,233,421.80 from CNY 2,364,116,084.02, reflecting a decline of approximately 13.14%[116]. - The total equity of the company as of June 30, 2022, was CNY 4,686,215,844.42, down from CNY 5,018,088,834.99, indicating a decrease of approximately 6.63%[117]. Research and Development - The company’s investment in research and development for hearing aids has increased, contributing to a shift in the domestic market towards local brands[32]. - Nanjing Tianyue has made progress in the R&D and marketization of hearing aid chips, with significant growth in orders from key customers compared to the previous year[59]. - The company has established a soundproof laboratory to enhance its research capabilities in hearing aid technology[51]. - The GSC32 series of self-developed processors and their derivative board products have been applied in various fields, including communication control and data acquisition, with products like network protocol converters and IoT gateways already in use[35]. Market Trends and Strategy - The integrated circuit industry is experiencing rapid growth, supported by national policies, with significant market potential anticipated in the future[29]. - The hearing aid market is expected to grow significantly due to an aging population and increasing disposable income, leading to higher demand for digital hearing aids[32]. - The company aims for sustainable development through a comprehensive strategy of market expansion, technology promotion, and resource integration[34]. - The smart card business has expanded beyond telecommunications to various sectors, including finance, social insurance, and healthcare, with a stable market size[37]. - The company is focusing on internal capital transfers and reserves to strengthen its financial position[141]. Investment and Subsidiaries - The company’s equity investment segment has been a consistent source of income, with investment returns not classified as non-recurring losses[24]. - The company’s equity investment business focuses on providing capital to high-growth startups, with an increasing number of exit opportunities through IPOs due to the gradual deepening of the registration system[48]. - The company has been actively involved in the construction and operation of photovoltaic power stations since 2010, contributing to energy conservation and emission reduction[95]. - The company has built solar power plants in various countries and regions, benefiting from stable government subsidies, which attract long-term investors[55]. Financial Management and Controls - The company plans to enhance its risk management processes to mitigate uncertainties arising from macroeconomic and industry policy changes[81]. - The company plans to enhance management controls across various aspects, including organizational structure and risk management, to improve decision-making capabilities[85]. - The company emphasizes the importance of technological innovation to maintain competitive advantages in a rapidly evolving market[82]. - The company has maintained a consistent capital structure with no changes in the paid-in capital over the reporting periods[138]. Compliance and Governance - The company has no significant litigation or arbitration matters during the reporting period[99]. - The company has not proposed any profit distribution or capital reserve transfer for the half-year period, indicating a focus on reinvestment[92]. - The company adheres to accounting standards, ensuring that financial statements accurately reflect its financial position and performance[156]. - The company's financial statements were approved by the board of directors on August 26, 2022[150].

Financial Performance - The company's operating revenue for Q1 2022 was ¥92,481,868.35, representing a decrease of 16.90% compared to the same period last year[6]. - The net profit attributable to shareholders was -¥146,664,484.86, a significant decline of 518.12% year-over-year[6]. - The basic earnings per share (EPS) was -¥0.11, reflecting a decrease of 466.67% compared to the previous year[7]. - Net profit for Q1 2022 was a loss of ¥189,064,068.42, compared to a profit of ¥11,882,233.14 in Q1 2021[19]. - Other comprehensive income for Q1 2022 was a loss of ¥30,373,873.43, compared to a loss of ¥46,677,895.86 in Q1 2021[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,760,697,798.40, down 4.04% from the end of the previous year[7]. - The company's total liabilities decreased to ¥962,166,591.91 in Q1 2022 from ¥985,290,741.39 in Q1 2021, a reduction of 2.9%[17]. - The total equity attributable to shareholders decreased to ¥3,456,334,700.40 in Q1 2022 from ¥3,633,090,179.40 in Q1 2021, a decline of 4.9%[17]. - The company reported a decrease in total non-current assets to ¥3,436,268,448.70 from ¥3,639,263,492.36 at the end of 2021[15]. Cash Flow - The net cash flow from operating activities was ¥6,187,714.52, with no comparative data available[6]. - Cash flow from operating activities was ¥71,099,276.36 in Q1 2022, down 26.2% from ¥96,343,646.18 in Q1 2021[22]. - The total cash outflow from operating activities was $121,500,524.93, down from $138,270,393.00 in the previous quarter[23]. - The total cash and cash equivalents at the end of the period reached $1,113,308,483.52, an increase from $909,734,401.30 in the previous quarter[24]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 58,122[11]. - The largest shareholder, Nantong Zongyi Investment Co., Ltd., holds 333,955,709 shares, representing 25.69% of total shares, with 83,000,000 shares pledged[11]. - The second-largest shareholder, Zan Shengda, holds 239,885,029 shares, accounting for 18.45% of total shares, with 139,000,000 shares pledged[11]. Operational Insights - The company has not disclosed any significant new product developments or market expansion strategies in the current report[13]. - There are no significant reminders or additional important information regarding the company's operational situation during the reporting period[13]. Costs and Expenses - Total operating costs for Q1 2022 were ¥102,959,601.56, down 20.8% from ¥130,093,684.85 in Q1 2021[18]. - Research and development expenses for Q1 2022 were ¥2,873,228.72, a decrease of 35.6% compared to ¥4,465,174.61 in Q1 2021[18]. - The company reported an investment loss of ¥12,952,825.61 in Q1 2022, compared to a loss of ¥10,765,752.78 in Q1 2021[19]. Other Financial Metrics - Non-recurring gains and losses totaled -¥101,855,648.92, significantly impacting the net profit[9]. - The company reported a 254.81% increase in prepayments, primarily due to advances made by a subsidiary for chip production[9]. - Short-term borrowings increased by 25.06%, indicating new bank loans taken during the period[9]. - The company experienced a 397.99% decrease in fair value gains, attributed to fluctuations in the value of investments made by subsidiaries[9].

Financial Performance - In 2021, the company's operating revenue was CNY 373,330,700.13, a decrease of 1.04% compared to CNY 377,239,709.24 in 2020[20] - The net profit attributable to shareholders of the listed company for 2021 was CNY 59,874,989.03, down 64.46% from CNY 168,487,165.70 in 2020[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 31,695,136.38, an increase of 9.82% compared to CNY 28,861,628.32 in 2020[20] - The net cash flow from operating activities was CNY 35,205,789.87, a significant decrease of 87.17% from CNY 274,402,560.84 in 2020[20] - As of the end of 2021, the net assets attributable to shareholders were CNY 3,633,090,179.40, a decrease of 2.01% from CNY 3,707,785,552.53 at the end of 2020[20] - Total assets at the end of 2021 were CNY 6,003,379,576.38, down 0.93% from CNY 6,059,686,717.47 at the end of 2020[20] - Basic earnings per share decreased by 64.43% to CNY 0.0461 in 2021 compared to CNY 0.1296 in 2020[21] - The company's net profit attributable to shareholders saw a significant decline due to a decrease in fair value changes, impacting overall profitability[21] Operational Highlights - The company reported a negative distributable profit of CNY -1,330,820,992.25 at the end of 2021, leading to no profit distribution or capital reserve increase proposal[5] - The company faced various operational risks, which are detailed in the management discussion and analysis section of the report[7] - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[7] - The company has not violated decision-making procedures for external guarantees[7] Revenue Breakdown - Total revenue for the fourth quarter was CNY 72,946,267.67, with a net profit of CNY 34,752,534.06 attributable to shareholders[23] - The company reported a net cash flow from operating activities of CNY 27,299,368.08 in the fourth quarter[24] - Non-recurring gains and losses totaled CNY 28,179,852.65 in 2021, down from CNY 139,625,537.38 in 2020[24] - The manufacturing sector generated revenue of CNY 164.25 million, with a gross margin increase of 5.59 percentage points to 34.66%[92] - The photovoltaic power station segment reported revenue of CNY 170.16 million, with a gross margin of 44.80%, up by 2.44 percentage points[92] - The company’s overseas revenue reached CNY 142.61 million, with a gross margin of 43.54%, reflecting a 2.35 percentage point increase[92] Strategic Focus - The company is focusing on technology innovation and market expansion in the fields of information technology, new energy, and equity investment[29] - The company is adjusting its strategy in the chip design sector due to declining demand for traditional payment methods, shifting focus to new product development[30] - The company aims to explore new development opportunities in niche markets through research and development of new technologies[30] - The company aims to enhance its market position and share by improving technology, products, and services in response to significant market demand[65] - The company aims to leverage the growing demand for high-performance, low-power embedded processors in the industrial sector to fill existing market gaps[52] Investment and Development - Jiangsu Gaotou continued its value investment strategy, focusing on the pharmaceutical sector while adhering to a cautious investment approach amid a slowing domestic economy[40] - Jiangsu Gaotou's investment strategy focuses on the healthcare sector, with nearly 100 leading companies in the health industry researched this year, resulting in an investment in a medical device company[41] - The company has completed value-added transfers for three projects, including Shandong Qihe Biotechnology Co., Ltd., and has reduced its stake in Shandong Shuangyi Technology Co., Ltd. in the secondary market[42] - The company is actively planning and advancing multiple projects to connect with capital markets[41] - The company aims to enhance its core competitiveness in the information technology sector, focusing on chip design and application, while also promoting high-quality development in the renewable energy business[142] Market Trends - The domestic hearing aid market is shifting towards mid-range products, with a significant increase in demand for reliable, cost-effective, and customizable chips[48] - The mobile gaming market in China generated actual sales revenue of 225.54 billion yuan in 2021, a year-on-year increase of 7.57%[54] - The smart card market in China is expanding rapidly, with applications now spanning various sectors including finance, healthcare, and government services, driven by advancements in digital technology[53] - The photovoltaic industry is expected to play a crucial role in achieving carbon neutrality goals, supported by favorable government policies and increasing global demand for renewable energy[57] Corporate Governance - The company emphasizes sustainable development, integrating long-term green development concepts into its operations, and actively fulfills its social responsibilities[191] - The company has established specialized committees under the board to enhance governance and protect shareholder rights[160] - The company has implemented a performance management system to align the interests of shareholders, the company, and management[185] - The company has engaged Lixin Certified Public Accountants to audit the effectiveness of its internal controls, receiving a standard unqualified opinion[187] Human Resources - The company has a total of 583 employees, with 44 in the parent company and 539 in major subsidiaries[178] - The employee composition includes 193 production personnel, 84 sales personnel, 135 technical personnel, 39 financial personnel, and 132 administrative personnel[178] - The company has established a comprehensive salary policy that considers national laws, industry salary levels, and the company's operational situation[179] Future Outlook - The company plans to strengthen its risk management processes to mitigate impacts from macroeconomic and industry policy changes[153] - The company will enhance its technological innovation efforts to maintain a competitive edge in rapidly evolving markets[154] - The company will monitor exchange rate fluctuations closely to manage risks associated with its overseas operations[155]

Financial Performance - The company's operating revenue for Q3 2021 was ¥94,884,891.27, a decrease of 13.28% compared to the same period last year[6] - The net profit attributable to shareholders was -¥15,534,288.23, representing a significant decline of 220.74% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥44,109,543.95, an increase of 110.66% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2021 was CNY 300,384,432.46, a decrease of 8.66% compared to CNY 328,881,284.58 in the same period of 2020[19] - Net profit for the third quarter of 2021 was CNY 38,123,295.53, a significant decline of 85.6% compared to CNY 264,249,855.70 in the same quarter of 2020[20] - The net profit attributable to shareholders of the parent company for the third quarter was CNY 25,122,454.97, down from CNY 220,625,682.20 in the previous year[21] - The company reported a comprehensive income total of CNY -41,979,255.29 for the third quarter, compared to CNY 267,224,872.61 in the same quarter of the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,953,702,310.33, down 1.75% from the end of the previous year[7] - As of September 30, 2021, the total assets of the company amounted to RMB 5,953,702,310.33, a decrease from RMB 6,059,686,717.47 at the end of 2020[15] - The company's current assets totaled RMB 2,349,233,462.01, slightly down from RMB 2,370,321,410.26 at the end of 2020, indicating a decrease of approximately 0.3%[15] - The total liabilities decreased to RMB 535,936,645.28 from RMB 646,356,502.73, indicating a decline of approximately 17.1%[16] - The total liabilities as of the end of the third quarter of 2021 amounted to CNY 919,126,433.11, compared to CNY 982,985,210.57 at the end of the previous year[20] - The total equity attributable to shareholders of the parent company was CNY 3,653,027,390.18, a decrease from CNY 3,707,785,552.53 in the previous year[20] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥7,906,421.79, down 78.68% compared to the same period last year[6] - Cash flow from operating activities for the first three quarters of 2021 was CNY 270,753,015.78, down from CNY 334,159,453.73 in the same period of 2020[22] - The net cash flow from operating activities was 7,906,421.79 RMB, a decrease of 78.7% compared to 37,078,265.98 RMB in the previous period[23] - The company reported a cash outflow from financing activities of 277,262,427.01 RMB, compared to 631,143,432.17 RMB in the previous period[24] - The net cash flow from investment activities was -135,385,056.56 RMB, worsening from -96,193,473.41 RMB in the previous period[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,271[11] - The largest shareholder, Nantong Zongyi Investment Co., Ltd., held 25.69% of the shares, with 123,000,000 shares pledged[12] - The company reported a total of 333,955,709 shares held by its largest shareholder, Nantong Zongyi Investment Co., Ltd.[13] - The second-largest shareholder, Zan Shengda, holds 239,885,029 shares, indicating a significant concentration of ownership among the top shareholders[13] Earnings Per Share - The basic earnings per share for the reporting period was -¥0.01, a decrease of 200% compared to the same period last year[6] - The basic and diluted earnings per share for the third quarter were both CNY 0.02, down from CNY 0.17 in the same period of 2020[21]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥205,499,541.19, a decrease of 6.36% compared to ¥219,465,982.91 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was ¥40,656,743.20, down 80.43% from ¥207,759,613.85 in the previous year[19]. - The net cash flow from operating activities was ¥12,692,600.80, a decline of 62.55% compared to ¥33,889,067.17 in the same period last year[19]. - The basic earnings per share for the first half of 2021 was ¥0.03, a decrease of 81.25% from ¥0.16 in the same period last year[20]. - The weighted average return on net assets was 1.10%, down 4.54 percentage points from 5.64% in the previous year[20]. - The company reported a net profit after deducting non-recurring gains and losses of -¥15,087,195.34, compared to ¥24,825,399.55 in the same period last year, representing a decrease of 160.77%[19]. Assets and Liabilities - The company's net assets attributable to shareholders at the end of the reporting period were ¥3,693,983,308.89, a decrease of 0.37% from ¥3,707,785,552.53 at the end of the previous year[19]. - Total assets at the end of the reporting period were ¥6,012,809,215.81, down 0.77% from ¥6,059,686,717.47 at the end of the previous year[19]. - The company's total liabilities were CNY 962,599,793.49, slightly down from CNY 982,985,210.57, showing a decrease of about 2.93%[119]. - The total equity attributable to shareholders was CNY 3,693,983,308.89, a slight decrease from CNY 3,707,785,552.53, reflecting a decline of approximately 0.37%[119]. Investment and Growth Strategies - The company plans to focus on value investments in the overseas health and integrated circuit industries, which have shown significant fluctuations in fair value during the reporting period[20]. - The AI business is identified as a new growth point, leveraging advanced image recognition algorithms for various applications[32]. - The company aims to narrow the gap with global leaders in the hearing aid industry by improving technology, products, and market services[31]. - The company has developed a SOC platform with independent intellectual property rights, focusing on ultra-low power and mixed-signal SOC chip design, enhancing its competitive edge[47]. Research and Development - Research and development expenses increased by 42.77% to ¥8.40 million, up from ¥5.88 million in the previous year[66]. - Nanjing Tianyue has achieved significant advancements in digital hearing aid chip technology, with three invention patents and eleven integrated circuit layouts by the end of the reporting period[48]. - The company has won multiple awards for R&D investment and aims to stabilize product sales and improve gross margins by adjusting its sales structure and optimizing the supply chain[60]. Market and Competition - The overall market for commercial encryption chips is becoming increasingly competitive, with larger firms dominating the landscape[28]. - The company continues to focus on expanding its market share in the digital hearing aid sector, targeting both domestic and international markets[31]. - The company has established a leading position in the information technology, education, and commercial application sectors, with an annual manufacturing capacity of hundreds of millions of various types of cards[51]. Financial Management and Risks - The company plans to enhance its risk management processes to mitigate uncertainties from macroeconomic and industry policy changes[83]. - The company will focus on improving foreign exchange management to mitigate risks from currency fluctuations[84]. - The company reported a significant increase in financial expenses, with interest expenses at CNY 5,313,100.12 compared to CNY 12,709,496.91 in the previous year[130]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 66,419[110]. - The largest shareholder, Nantong Zongyi Investment Co., Ltd., holds 333,955,709 shares, accounting for 25.69% of the total shares[112]. - There were no changes in the total number of shares or the capital structure during the reporting period[108]. Environmental and Social Responsibility - The company has been actively promoting environmental protection initiatives, including the establishment of a photovoltaic power station since 2015[95]. - The company’s overseas solar power plants benefit from stable subsidy policies, with a long-term investment return rate that meets the expectations of local European fund companies and energy investors[41]. Corporate Governance - The company held its 2020 annual general meeting on June 25, 2021, where all proposed resolutions were approved[88]. - There were no significant lawsuits or arbitration matters reported during the reporting period[98]. - The company did not implement any employee stock ownership plans or other incentive measures during the reporting period[93].

Financial Performance - Operating revenue for the period was CNY 111,294,015.36, representing a year-on-year increase of 41.33%[6] - Net profit attributable to shareholders was CNY 35,077,297.64, a slight increase of 0.81% compared to the same period last year[6] - The company reported a gross profit margin of approximately 25.9% for Q1 2021, compared to 28.7% in Q1 2020[27] - The company's net profit for Q1 2021 was -12,009,143.33 RMB, an improvement from -17,460,250.13 RMB in Q1 2020, representing a reduction of approximately 31.5%[30] - The company reported a significant increase in other income, reporting CNY 1,110,144.19 in Q1 2021 compared to CNY 1,462,780.47 in Q1 2020[27] Cash Flow - The net cash flow from operating activities was negative CNY 9,244,266.55, compared to negative CNY 2,018,481.23 in the same period last year[6] - The net cash flow from operating activities for Q1 2021 was -9,244,266.55 RMB, worsening from -2,018,481.23 RMB in Q1 2020[32] - Investment activities resulted in a net cash outflow of -212,763,030.81 RMB in Q1 2021, compared to -112,675,161.75 RMB in Q1 2020, reflecting increased investment expenditures[32] - Cash inflow from financing activities in Q1 2021 was ¥91,000,000.00, down from ¥115,700,000.00 in Q1 2020, representing a decrease of approximately 21.4%[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,046,523,225.59, a decrease of 0.22% compared to the end of the previous year[6] - The total assets as of March 31, 2021, amounted to ¥6,046,523,225.59, slightly down from ¥6,059,686,717.47 at the end of the previous year[1] - Total liabilities as of March 31, 2021, were CNY 1,060,888,033.14, a decrease of 4.4% from CNY 1,109,282,524.48 at the end of 2020[24] - The total liabilities for Q1 2021 were ¥985,844,577.97, which is an increase from ¥982,985,210.57 in Q1 2020, indicating a rise of about 0.3%[39] Shareholder Information - The number of shareholders at the end of the reporting period was 74,257[9] - The largest shareholder, Nantong Zongyi Investment Co., Ltd., held 25.69% of the shares, with 333,955,709 shares pledged[9] - The second-largest shareholder, Zan Shengda, held 18.45% of the shares, with 239,885,029 shares pledged[9] Investment and Financing Activities - Long-term borrowings increased by 44.44% to ¥130,000,000.00 from ¥90,000,000.00, due to new construction project financing by a subsidiary[1] - The company has completed the transfer of 100% equity of its wholly-owned subsidiary, receiving a total of ¥160,000,000 in three installments[1][2] - The company raised 131,000,000.00 RMB through borrowings in Q1 2021, up from 100,000,000.00 RMB in Q1 2020[32] Future Outlook - The company is focused on expanding its market presence and enhancing product offerings through new technology development[43] - Future outlook includes strategic initiatives aimed at improving financial performance and operational efficiency[44] - The company is exploring potential mergers and acquisitions to bolster growth and market share[43]