Financial Performance - The company's operating revenue for 2019 was CNY 370,541,320.66, representing a year-on-year increase of 20.08% compared to CNY 308,585,449.97 in 2018[28]. - The net profit attributable to shareholders of the listed company for 2019 was CNY 70,075,220.17, a decrease of 2.40% from CNY 71,799,948.76 in the previous year[28]. - The total assets at the end of 2019 reached CNY 855,164,697.68, reflecting a growth of 17.98% from CNY 724,843,838.56 in 2018[28]. - The net cash flow from operating activities for 2019 was CNY 82,339,046.28, a significant recovery from a negative cash flow of CNY -1,802,035.25 in 2018[28]. - The basic earnings per share for 2019 was CNY 0.58, slightly down by 1.69% from CNY 0.59 in 2018[29]. - The company reported a net profit of CNY 75,584,517.87 in Q4 2019, which was a significant recovery from a loss of CNY -13,202,083.91 in Q3 2019[32]. - The company’s net assets attributable to shareholders increased to CNY 663,726,601.04 at the end of 2019, up by 6.75% from CNY 621,779,025.43 in 2018[28]. - The total profit for 2019 was 79.21 million yuan, reflecting a year-on-year growth of 5.62%[38]. - The company reported a net profit margin of 31.15% for 2019, down from 33.40% in 2018[133]. Capital Structure and Shareholder Actions - The company plans to distribute a cash dividend of 1.8 RMB per 10 shares, totaling 21,828,240 RMB, based on a total share capital of 121,268,000 shares as of the end of 2019[5]. - The company intends to increase its share capital by 4.2 shares for every 10 shares held, resulting in an additional 50,932,560 shares, raising the total share capital to 172,200,560 shares[5]. - The profit distribution and capital increase proposal is subject to approval by the shareholders' meeting[133]. - The company has committed to not transferring or entrusting the management of its shares for 36 months post-IPO, ensuring stability in shareholding[135]. - The company has established a commitment to avoid any business activities that may compete with its operations, ensuring no direct or indirect competition from its actual controllers[141]. - The company has committed to not transferring benefits to other entities or individuals under unfair conditions, ensuring the protection of company interests[146]. Research and Development - The company invested approximately 61.09 million yuan in R&D during the reporting period[66]. - Research and development expenses rose by 9.21% to 61.09 million yuan, indicating continued investment in innovation[81]. - The company holds 41 invention patents and 106 software copyrights, demonstrating its strong innovation capabilities[61]. - The company plans to strengthen its product and technology development, focusing on application security, data security, and intelligent IoT[114]. - The company will increase R&D investment and establish additional R&D centers to enhance technical capabilities[115]. Market and Industry Insights - The information security industry, where the company operates, is encouraged by national policies, with the market size expected to reach 63.13 billion yuan in 2019, up 19.2% from 2017[51]. - The demand for data security applications based on PKI technology is rising, particularly among government, military, and financial institutions[106]. - The information security market is rapidly expanding, leading to increased competition from existing players and potential new entrants, which may threaten the company's market share[123]. - The company is focusing on enhancing its core technology capabilities and exploring new applications in the information security sector[104]. Operational Efficiency and Strategy - The company emphasizes customer satisfaction through various after-sales service channels and regular satisfaction surveys[49]. - The company’s product sales exhibit seasonal characteristics, with higher demand typically occurring in the second half of the year due to project budgeting and procurement cycles[33]. - The company operates in a technology-intensive industry, facing risks related to R&D investments not yielding expected results, which could impact profitability and growth[121]. - The company is actively expanding its main business in government, military, and electronic government sectors, contributing to revenue growth[74]. Compliance and Governance - The company has received a standard unqualified audit report from its accounting firm, ensuring the accuracy and completeness of the financial report[4]. - The company has maintained good integrity status, complying with all relevant laws and regulations without any records of dishonesty[159]. - The company has not encountered any significant accounting errors that require correction during the reporting period[157]. - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal standing[159]. Social Responsibility and Community Engagement - The company has committed to fulfilling its social responsibilities and actively participating in poverty alleviation initiatives as part of its corporate strategy[170]. - A total of 32.50 million RMB was allocated for poverty alleviation efforts, with 117 registered impoverished individuals lifted out of poverty[171]. - The company plans to continue supporting infrastructure development and industry growth in the designated poverty alleviation areas, with a focus on education and health for impoverished students[172].

Financial Performance - Operating revenue for the first nine months was CNY 151,481,884.65, a decrease of 2.77% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 5,509,297.70, a decline of 149.02% compared to the same period last year[6] - Basic and diluted earnings per share were both -CNY 0.05, a decrease of 138.46% year-on-year[7] - Total revenue for Q3 2019 was CNY 41,567,645.82, a decrease of 19.1% compared to CNY 51,387,673.30 in Q3 2018[30] - Net profit for the first three quarters of 2019 was CNY 151,481,884.00, down 2.1% from CNY 155,795,145.00 in the same period of 2018[30] - The net profit for Q3 2019 was a loss of CNY 13,262,948.11, compared to a profit of CNY 1,739,211.63 in Q3 2018[31] - The total profit for Q3 2019 was a loss of CNY 12,537,455.27, contrasting with a profit of CNY 2,160,658.39 in Q3 2018[31] - The company's operating profit for Q3 2019 was CNY -13,639,629.56, compared to CNY -2,713,321.50 in Q3 2018[31] - The total comprehensive income for Q3 2019 was a loss of CNY 13,262,948.11, compared to a profit of CNY 1,739,211.63 in Q3 2018[32] Assets and Liabilities - Total assets decreased by 3.58% to CNY 698,876,198.03 compared to the end of the previous year[6] - Net assets attributable to shareholders decreased by 4.73% to CNY 592,357,727.73 compared to the end of the previous year[6] - Total assets as of Q3 2019 were CNY 537,819,859.15, a decrease from CNY 556,844,111.96 at the end of Q3 2018[29] - Total liabilities as of Q3 2019 were CNY 41,474,429.95, an increase from CNY 38,818,046.87 in Q3 2018[28] - Current assets decreased to CNY 265,748,226.87 from CNY 327,455,876.40 in the previous year[27] - Non-current assets increased to CNY 272,071,632.28 from CNY 229,388,235.56 in the previous year[27] - Shareholders' equity totaled CNY 496,345,429.20, down from CNY 518,026,065.09 in Q3 2018[29] Cash Flow - Net cash flow from operating activities was -CNY 29,000,373.66, an improvement from -CNY 72,839,407.29 in the previous year[6] - The total cash inflow from operating activities was 61,535,969.14, down from 68,516,425.13 in 2018, reflecting a decline of approximately 10.5%[38] - The cash flow from investment activities generated a net inflow of CNY 49,433,605.70 in the first nine months of 2019, compared to CNY 42,064,892.92 in the same period of 2018[36] - The net cash flow from operating activities for the first three quarters of 2019 was -683,900.82, an improvement from -45,828,607.63 in the same period of 2018[38] - The company reported a decrease in cash outflow for operating activities compared to the previous year, indicating improved operational efficiency[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,322[9] - The largest shareholder, Kong Linggang, holds 14.56% of the shares[9] - The company’s actual controllers, Kong Linggang and Lu Haitan, collectively control 34.43% of the shares[12] Receivables and Payables - Accounts receivable increased by 30.49% to CNY 6,918,616.50 compared to the previous year-end[13] - Prepayments decreased significantly by 78.56% to CNY 8,221,594.18 due to reduced procurement payments[13] - Other receivables rose by 79.09% to CNY 21,308,790.79, mainly due to increased various deposits[15] - Inventory increased by 42.89% to CNY 47,599,848.21, attributed to higher purchases and increased shipments[15] - Payables decreased by 30.44% to CNY 16,674,486.84, reflecting a reduction in unsettled payables[15] - Pre-receipts increased by 36.48% to CNY 79,816,390.86, driven by higher customer prepayments[15] - Tax payable decreased by 96.89% to CNY 336,775.10 due to tax payments made during the period[15] Expenses - Sales expenses increased by 43.01% to CNY 24,386,835.20, driven by business expansion-related costs[14] - Research and development expenses for Q3 2019 amounted to CNY 7,731,145.98, a decrease of 31.3% compared to CNY 11,234,152.60 in Q3 2018[30] - Research and development expenses for Q3 2019 were CNY 7,060,139.25, slightly up from CNY 6,105,841.23 in Q3 2018[33] Investment Activities - The investment income from joint ventures and associates in Q3 2019 was CNY 1,482,230.26, compared to CNY 172,058.81 in Q3 2018[33] - The investment cash inflow decreased from CNY 519,212,562.33 in 2018 to CNY 450,975,907.61 in 2019, reflecting a strategic shift in investment activities[36] - The financing cash flow showed a net outflow of CNY 23,324,000.00 in 2019, slightly improved from CNY 23,940,000.00 in the previous year[36]

证券代码：603232 证券简称：格尔软件 公告编号：2019-044 格尔软件股份有限公司 关于参加上海辖区上市公司投资者集体接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流工作，格尔软件股份有限公司（以下简称 "公司"）将参加由上海上市公司协会、上证所信息网络有限公司共同举办的 "2019 年上海辖区上市公司投资者集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台，采取网络远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 上 证 路 演 中 心 " 网 站 （ http://roadshow.sseinfo.com ） 或 关 注 微 信 公 众 号 ： 上 证 路 演 中 心 （sse_roadshow），参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 26 日（星期四）下午 15:00 至 17:00。届时公司董事兼总经理杨文山先生、 董事会秘书兼财务总监顾峰先生将通过网络在线交流形式与 ...

Capital Structure and Shareholder Information - The company reported a total share capital increase from 85,400,000 shares to 121,268,000 shares, representing a 42% increase due to a capital reserve conversion plan approved at the 2018 annual general meeting[8]. - The company has not disclosed any profit distribution plan or capital reserve conversion plan for the reporting period[5]. - The total number of shareholders reached 7,291 by the end of the reporting period[125]. - The top shareholder, Kong Linggang, holds 17,653,440 shares, representing 14.56% of the total shares[127]. - The second-largest shareholder, Lu Haitian, holds 12,166,560 shares, accounting for 10.03% of the total shares[127]. - The total number of restricted shares before the change was 3,423,000, which increased by 1,437,660 to 4,860,660 shares[122]. - The total number of unrestricted circulating shares before the change was 5,117,000, which increased by 2,149,140 to 7,266,140 shares[122]. - The company has a significant concentration of ownership, with the top two shareholders controlling 24.59% of the total shares[128]. - The actual controllers of the company are Kong Linggang and Lu Haitian, collectively controlling 34.43% of the shares, with Kong holding 14.56% and Lu holding 10.03% directly[130]. - The company has a lock-up period of 36 months for shares held by certain shareholders, including Kong Linggang and Lu Haitian[129]. - The company has not experienced any changes in its controlling shareholders or actual controllers during the reporting period[131]. - The company has not issued any preferred shares during the reporting period[132]. Financial Performance - The report period covers from January 1, 2019, to June 30, 2019, and the financial report has not been audited[5]. - The company achieved operating revenue of CNY 109.91 million in the first half of 2019, representing a growth of 5.27% compared to the same period last year[21]. - The net profit attributable to shareholders of the listed company was CNY 7.69 million, a decrease of 20.78% year-on-year[21]. - The company's basic earnings per share decreased by 25.00% to CNY 0.06 from CNY 0.08 in the same period last year[22]. - The company reported non-recurring gains of CNY 8.83 million, primarily from government subsidies and other income[25]. - The company's net assets attributable to shareholders decreased by 2.61% to CNY 605.56 million from CNY 621.78 million at the end of the previous year[21]. - The company reported a total revenue of 26,628.42 million with a net profit of 6,623.67 million, reflecting a growth of 316.58 million compared to the previous period[69]. - The company achieved a revenue of 11,413.98 million from electronic digital certificate authentication services, with a net profit of 8,223.25 million, indicating a significant increase of 2,844.17 million[70]. - The company experienced a decline in revenue from electronic security digital certificate services, reporting 3,911.91 million with a net loss of 111.55 million, down from the previous period[71]. - The company generated revenue of 600.16 million from hydrological and water quality monitoring systems, with a net profit of 103.88 million, showing a decrease of 222.89 million compared to the last period[71]. Operational Highlights - The company focuses on the information security industry, specifically in the PKI (Public Key Infrastructure) field, providing security products and solutions[28]. - The company has developed a complete information security product and service system centered on PKI, including PKI infrastructure products, PKI security application products, and general security products[33]. - The company continues to focus on the government, military, and financial sectors to advance its main business and enhance its identity authentication and password application systems[52]. - The company has increased investment in vehicle networking security and proposed related solutions and product planning[52]. - The company has established a marketing service network with regional centers in major cities, enhancing its responsiveness to user needs[49]. - The company is a member of the National Information Security Standardization Technical Committee and has participated in the formulation of 26 industry standards[48]. - The company has been recognized for its technological innovation, winning multiple awards including the second prize of the National Science and Technology Progress Award[43]. - The company is a leading manufacturer of commercial password products in China, with a strong competitive advantage in the network security industry[42]. Research and Development - The company invested approximately 30.1 million RMB in R&D during the reporting period, reflecting a 4.51% increase compared to the previous year[53]. - The company established a research laboratory in collaboration with Shaanxi Normal University to advance research in blockchain applications and security systems[53]. - The company is investing $30 million in R&D for new technologies aimed at enhancing user experience[90]. - The company is investing in research and development of new security technology products and services to strengthen its competitive edge[71]. Risk Management and Compliance - The company has detailed potential risks in the fourth section of the report, which should be reviewed by investors[7]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments in its forward-looking statements[6]. - The company has not provided any guarantees that violate regulatory decision-making procedures[7]. - The company is committed to maintaining high standards in product quality and compliance with regulatory requirements in its operations[69]. - The company is implementing measures to mitigate risks related to the loss of core technical personnel and the potential leakage of proprietary technology[76]. Corporate Governance and Meetings - The company has confirmed that all board members attended the board meeting for the report approval[4]. - The company held its 2018 annual general meeting on May 15, 2019, where several key resolutions were passed, including the approval of the 2018 annual report and financial statements[84]. - On June 22, 2019, the company convened its first extraordinary general meeting of 2019, approving the use of idle funds to purchase bank wealth management products[84]. - The company has appointed a new board of directors and supervisory board, with significant changes in personnel, including the election of new independent directors[139]. Social Responsibility and Community Engagement - The company invested CNY 32.50 million in poverty alleviation efforts, helping 117 registered impoverished individuals to escape poverty[111]. - The company plans to invest CNY 100,000 to build a 130KW village-level photovoltaic power station, benefiting 930 people from 228 households[113]. - The company signed a collaboration agreement to invest CNY 200,000 in purchasing tea from a cooperative involving over 800 impoverished households[113]. - The company allocated CNY 2.5 million to support one impoverished student in higher education[111]. - The company is committed to continuing its poverty alleviation efforts in collaboration with local governments, focusing on infrastructure and industrial development[114]. Accounting and Financial Reporting - The company has implemented a new accounting policy in accordance with the new financial instrument standards effective from January 1, 2019[117]. - The company has revised its financial statement format based on the new guidelines issued by the Ministry of Finance on April 30, 2019[118]. - The company has not reported any significant accounting errors or restatements during the reporting period[119]. - The company has actively engaged in environmental protection initiatives, including waste classification and employee awareness programs[115].

Financial Performance - Operating revenue increased by 2.67% to CNY 58.48 million year-on-year[6] - Net profit attributable to shareholders was CNY -5.25 million, a decrease of 213.10% compared to the previous year[6] - The company reported a basic earnings per share of CNY -0.02, a decrease of 200.00% compared to the previous year[6] - Total revenue for Q1 2019 was CNY 58,484,785.12, an increase of 2.68% compared to CNY 56,963,694.71 in Q1 2018[29] - Total operating costs for Q1 2019 were CNY 67,446,163.94, up 15.09% from CNY 58,676,154.61 in Q1 2018[29] - Net profit for Q1 2019 was a loss of CNY 1,929,527.72, compared to a profit of CNY 1,648,276.06 in Q1 2018[30] - Operating profit for Q1 2019 was a loss of CNY 3,929,703.61, down from a profit of CNY 1,656,393.99 in Q1 2018[29] - The basic and diluted earnings per share for Q1 2019 were both CNY -0.02, compared to CNY 0.02 in Q1 2018[30] - Operating revenue for Q1 2019 was ¥18,918,727.31, a decrease of 32.6% compared to ¥28,117,757.12 in Q1 2018[31] - Net profit for Q1 2019 was -¥2,883,104.33, compared to a net profit of ¥6,250,966.03 in Q1 2018, indicating a significant decline[32] - Operating profit for Q1 2019 was -¥4,056,913.64, down from ¥7,336,711.69 in Q1 2018[31] - Total comprehensive income for Q1 2019 was -¥2,883,104.33, compared to ¥6,250,966.03 in Q1 2018[32] Cash Flow - Cash flow from operating activities improved to CNY -25.44 million, compared to CNY -41.18 million in the same period last year[6] - Operating cash flow net amount improved by CNY 15.74 million compared to the previous year, mainly due to a reduction in tax payments[16] - Cash flow from operating activities for Q1 2019 was -¥25,442,432.63, an improvement from -¥41,181,850.35 in Q1 2018[36] - The net cash flow from operating activities improved significantly to ¥11,268,915.53, compared to a negative cash flow of ¥9,853,163.56 in the same period last year[37] Assets and Liabilities - Total assets decreased by 3.03% to CNY 702.90 million compared to the end of the previous year[6] - The company's cash and cash equivalents decreased by 34.13% to CNY 37.56 million[12] - Total liabilities decreased to CNY 82.00 million from CNY 102.02 million, reflecting a reduction in current liabilities[22] - Total assets as of March 31, 2019, amounted to CNY 702.90 million, a decrease from CNY 724.84 million at the end of 2018[22] - Total liabilities increased to CNY 40,893,255.62 from CNY 38,818,046.87 at the end of 2018[26] - The company's total assets remained stable at ¥724,843,838.56 as of the end of Q1 2019[40] - The total liabilities were reported at ¥102,018,015.86, unchanged from the previous year[41] - Current assets totaled ¥327,455,876.40, with cash and cash equivalents at ¥12,448,568.20[44] - Total liabilities were reported at ¥38,818,046.87, with current liabilities at ¥36,546,603.38[46] Shareholder Information - The number of shareholders reached 5,938, with the top ten shareholders holding a combined 60.43% of shares[10] - Total equity attributable to the parent company reached ¥621,779,025.43 as of Q1 2019[42] - The company's equity totaled ¥622,825,822.70, reflecting a stable financial position[41] Expenses and Investments - Management expenses increased by CNY 8.28 million, a rise of 47.89%, primarily due to an increase in employee compensation resulting from a higher headcount[15] - Investment income increased by CNY 1.72 million, a rise of 52.15%, mainly due to increased investment income from joint ventures and associates[15] - Research and development expenses for Q1 2019 were ¥7,272,926.99, slightly down from ¥7,982,152.08 in Q1 2018[31] Changes in Financial Reporting - The company has implemented new financial and revenue recognition standards, which may impact future financial reporting[39] - The company implemented new financial instrument standards effective January 1, 2019, impacting financial reporting[42] - Adjustments to financial statements were made without affecting prior period comparative data[47]

Financial Performance - The company achieved operating revenue of CNY 308.59 million in 2018, representing a year-on-year increase of 13.60%[27]. - The net profit attributable to shareholders of the listed company was CNY 71.80 million, up 2.21% compared to the previous year[27]. - The company reported a net cash flow from operating activities of CNY -1.80 million, a decrease of 109.39% year-on-year[27]. - The total assets of the company at the end of 2018 were CNY 724.84 million, an increase of 9.64% from the previous year[27]. - The company's basic earnings per share for 2018 was CNY 0.84, down 6.67% from 2017[28]. - The company reported a decrease of 8.67% in net profit after deducting non-recurring gains and losses, totaling CNY 56.86 million[27]. - The company’s weighted average return on equity decreased to 11.77%, down 3.06 percentage points from the previous year[28]. - The gross profit margin for the software industry segment was 59.55%, a decrease of 0.52 percentage points from the previous year[72]. - The total profit reached CNY 74.99 million, reflecting a growth of 2.02% compared to the previous year[67]. - The company reported a net profit margin of 33.40% for 2018, compared to 34.74% in 2017[114]. Shareholder Actions - The company plans to distribute a cash dividend of 2.80 RMB per 10 shares, totaling 23,912,000 RMB, based on a share capital of 85,400,000 shares as of the end of 2018[5]. - The company intends to increase its share capital by 35,868,000 shares through a capital reserve conversion, resulting in a total share capital increase from 85,400,000 shares to 121,268,000 shares[5]. - The profit distribution and capital reserve increase plan is subject to approval at the shareholders' meeting[114]. - The company has a cash dividend policy that mandates a minimum of 20% of distributable profits to be distributed in cash if there are no significant capital expenditure arrangements[109]. - The company distributed a cash dividend of 4 yuan per 10 shares for the year 2017, totaling 24.4 million yuan, and increased its total share capital from 61 million to 85.4 million shares[111]. Corporate Governance - The company has received a standard unqualified audit report from its accounting firm, ensuring the accuracy and completeness of the financial report[4]. - The company’s board of directors has confirmed the authenticity and completeness of the annual report, taking legal responsibility for any misrepresentation[7]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures regarding external guarantees[7]. - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[116]. - The company has maintained a good integrity status, complying with all relevant laws and regulations without any records of dishonesty[134]. - The company’s board of directors and senior management are restricted from using company assets for unrelated investments or consumption activities[125]. - The company has not encountered any major litigation or arbitration matters during the reporting period[134]. Risk Management - The company has outlined potential risks in its business operations, which are detailed in the report[7]. - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[6]. - The company acknowledges the risk of intensified market competition in the information security industry, despite having a competitive advantage in certain segments[102]. - The company faces seasonal sales risks, with higher demand typically occurring in the second half of the year due to clients' budgeting and procurement processes[101]. Research and Development - The company invested approximately 55.94 million yuan in research and development during the reporting period[64]. - Research and development expenses increased by 37.88% to CNY 55.94 million, indicating a strong commitment to innovation[69]. - The company is actively exploring blockchain technology and has established a research lab in collaboration with a university to advance related technologies[65]. - The company is focusing on research and development of new technologies to enhance product offerings and improve market competitiveness[182]. Market Position and Strategy - The company focuses on the information security industry, particularly in the PKI (Public Key Infrastructure) field, providing security solutions for various sectors including government and finance[36]. - The company has participated in building multiple third-party digital certification center systems in China, enhancing security in e-commerce and financial electronic payments[36]. - The expected market growth in the information security sector is driven by the rapid development of e-government, e-commerce, and cloud computing technologies[48]. - The company aims to enhance its competitive advantage in the PKI sector while expanding its product applications[93]. - The company plans to focus on R&D investments, establishing a new research center in Xi'an and collaborating with Shaanxi Normal University to enhance its technological capabilities[96]. - The company is considering strategic acquisitions to bolster its product portfolio, with a budget of $100 million earmarked for potential deals[124]. Employee and Management Structure - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to RMB 5.3512 million[188]. - The company employs a compensation model of "basic salary + year-end bonus" for directors, supervisors, and senior management[188]. - The company has a total of 425 employees, with 82 in the parent company and 343 in major subsidiaries[190]. - Among the employees, 300 are technical personnel, 74 are sales personnel, and 42 are administrative personnel[190]. - The company has implemented a salary system linked to annual operating and management goals, promoting a healthy performance culture[191]. Social Responsibility - The company has engaged in social responsibility initiatives, including a detailed corporate social responsibility report for 2018, available on the Shanghai Stock Exchange website[150]. - The company invested CNY 100,000 in a poverty alleviation project, constructing a 0.204 km concrete road benefiting 150 households, including 72 registered impoverished households[146]. - The annual poverty alleviation plan includes a commitment to continue infrastructure improvements in the targeted village, with a focus on concrete road construction[149].

公司代码：603232 公司简称：格尔软件 格尔软件股份有限公司 2018 年第三季度报告 1 / 23 2018 年第三季度报告 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 4 | | 三、 | 重要事项 | 8 | | 四、 | 附录 | 11 | 2018 年第三季度报告 一、 重要提示 3 / 23 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 公司负责人孔令钢、主管会计工作负责人顾峰及会计机构负责人（会计主管人员）宋炜明保 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。 2018 年第三季度报告 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 ...

Corporate Structure and Changes - The company completed the change of its business license and articles of association in August 2018, officially changing its name from "Shanghai Koal Software Co., Ltd." to "Koal Software Co., Ltd."[7] - The company has undergone a name change and related amendments to its articles of association as approved in the 2017 annual shareholders' meeting[7] - The company reported a total capital increase of 24,400,000 RMB, raising the total share capital from 61,000,000 shares to 85,400,000 shares[6] - The company issued 15.25 million A-shares, increasing total shares from 45.75 million to 61 million after the IPO[112] - Following a capital reserve conversion, the total share capital increased to 85.4 million shares, with a ratio of 10 shares to 4 shares issued[113] - The company has a total of 85,400,000 shares outstanding after a capital increase from 61,000,000 shares[124] - The company’s total registered capital is RMB 61 million, with a total share capital of 85.4 million shares as of June 30, 2018[168] Financial Performance - The company achieved operating revenue of CNY 104.41 million in the first half of 2018, representing a 19.81% increase compared to the same period last year[30] - The net profit attributable to shareholders of the listed company was CNY 9.71 million, an increase of 8.13% year-on-year[30] - The company reported a total revenue of 8,568,000 with a net profit margin of 10.03% for the first half of 2018[121] - The company reported a total of 24,400,000.00 RMB in dividends distributed to shareholders during the period[158] - The total comprehensive income for the period was 70,245,000.00 RMB, reflecting the company's financial performance[158] - The company reported a profit distribution of RMB 3.369 million, with a loss distribution of RMB 5.49 million[163] Risk Management and Compliance - The board of directors confirmed that the semi-annual report is true, accurate, and complete, with no false records or major omissions[6] - The company has detailed potential risks in the report, which investors are advised to review[5] - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[4] - Risks associated with the loss of core technical personnel and potential leakage of core technologies are acknowledged, prompting the company to implement protective measures[76] - The company emphasizes compliance with share transfer commitments to protect shareholder interests[91] Shareholder and Management Commitments - The company has committed to not transferring or entrusting its shares for 36 months post-IPO, ensuring stability in shareholding[88] - The company has a lock-up period of 12 months for shares issued in the IPO, during which no transfers are allowed[89] - The actual controllers of the company, Kong Linggang and Lu Haitian, have committed to avoid any business activities that may compete with the company, both domestically and internationally[92] - The company has established a remuneration system for directors and senior management that is linked to the execution of compensation measures[95] - The actual controllers have committed to increase their shareholding by at least RMB 10 million annually to stabilize the stock price[97] Investment and Cash Flow - The cash flow from investment activities saw a significant increase of 2,108.00%, reaching 83.90 million RMB[60] - The company invested 1.5 million RMB in Jiangsu Hengcheng Jiaoke Information Technology Co., Ltd., with a total registered capital of 30 million RMB[66] - The company’s investment amount decreased by 91.84% year-on-year, from 25 million RMB to 204,000 RMB[66] - The total cash inflow from financing activities amounted to 231,500,000.00 RMB, while cash outflow was 24,400,000.00 RMB, resulting in a net cash flow of 213,806,294.72 RMB[154] - The company plans to continue its investment strategy, as indicated by the significant cash inflow from financing activities[154] Operational Insights - The company focuses on the information security industry, specifically in the PKI (Public Key Infrastructure) field, providing security solutions for various sectors including government and finance[31] - The company has developed a range of PKI infrastructure products, including digital certificate authentication systems and key management systems, essential for network security[32] - The company is involved in multiple sectors such as e-commerce, financial electronic payments, and smart city initiatives, enhancing business security[31] - The company has established a procurement model that includes evaluating qualified suppliers based on market conditions and customer needs, ensuring quality in the supply chain[36] - The production model combines Make To Stock (MTS) and Assemble To Order (ATO) strategies to meet market demand and customer-specific requirements[37] Market and Competitive Landscape - The information security industry is experiencing intensified competition, which may lead to a decline in market share for the company[73] - The company emphasizes the need for continuous investment in technology development and product upgrades to maintain its competitive edge in the rapidly evolving information security market[75] - The information security industry is supported by national policies and regulations, indicating a strong growth potential for PKI products in the future[41] Employee and Organizational Changes - The total number of employees increased to 377, with a net addition of 7 employees during the reporting period[55] - The company has established an employee stock ownership plan through Shanghai Zhanrong Investment Management Co., Ltd.[122] Legal and Ethical Compliance - The company has not reported any significant litigation or arbitration matters during the reporting period[103] - There are no reported violations of integrity by the company or its major stakeholders during the reporting period[103] Accounting and Financial Reporting - The financial report for the semi-annual period has not been audited[6] - The company follows the enterprise accounting standards, ensuring that its financial statements reflect its financial status accurately[173] - The company has not reported any significant changes in accounting policies or estimates during the reporting period[179]

Financial Performance - The company's operating revenue for 2017 was CNY 271,653,609.75, representing a year-on-year increase of 17.06% compared to CNY 232,062,988.83 in 2016[24]. - The net profit attributable to shareholders for 2017 was CNY 70,245,557.09, which is a 24.60% increase from CNY 56,377,443.29 in 2016[24]. - The total profit for 2017 was 73.51 million yuan, reflecting a growth of 11.01% compared to the previous year[32]. - The net profit after deducting non-recurring gains and losses was CNY 62,259,487.92 for 2017, marking a 29.12% increase from CNY 48,219,103.00 in 2016[24]. - The basic earnings per share for 2017 was CNY 1.26, a slight increase of 2.44% from CNY 1.23 in 2016[25]. - The weighted average return on equity for 2017 was 14.83%, down from 20.63% in 2016, reflecting a decrease of 5.80%[25]. - The total assets at the end of 2017 were CNY 661,135,897.78, an increase of 87.34% from CNY 352,906,571.26 at the end of 2016[24]. - The company's net assets attributable to shareholders increased by 93.49% to CNY 574,379,076.67 at the end of 2017, compared to CNY 296,851,866.54 at the end of 2016[24]. - The gross margin for the software industry segment was 60.07%, with a year-on-year increase of 3.68 percentage points[75]. Cash Flow and Investments - The net cash flow from operating activities decreased by 54.24% to CNY 19,186,451.89 in 2017, down from CNY 41,931,915.74 in 2016[24]. - The company’s investment activities generated a net cash outflow of approximately 257.42 million yuan, a significant increase of 4069.75% year-on-year[71]. - The company reported a 54.24% decrease in cash generated from operating activities, totaling ¥19,186,451.89, primarily due to reduced cash receipts from sales[86]. - The company issued new shares, resulting in a 2559.55% increase in cash generated from financing activities, totaling ¥205,556,451.60[86]. Shareholder Actions and Dividends - The company plans to distribute a cash dividend of 4 RMB per 10 shares, totaling 24.4 million RMB, based on a share capital of 61 million shares as of the end of 2017[5]. - The company will increase its share capital from 61 million to 85.4 million shares by converting capital reserves at a ratio of 4 shares for every 10 shares held, totaling 24.4 million RMB[5]. - For the 2017 fiscal year, the company plans to distribute a cash dividend of RMB 4.00 per 10 shares, amounting to RMB 24,400,000, which is 34.74% of the net profit attributable to ordinary shareholders[125]. - The profit distribution and capital reserve transfer plan is subject to approval by the shareholders' meeting[126]. Market and Industry Insights - The company focuses on the PKI (Public Key Infrastructure) sector within the information security industry, providing a range of security products and services[33]. - The information security market in China is projected to grow at a rate of over 18.00% from 2016 to 2020, with an expected market size of 76.195 billion yuan by 2020[46]. - The information security industry in China is experiencing rapid growth, with increasing demand for PKI products across various sectors, including government and key industries like finance and energy[99]. - The company acknowledges the risk of intensified market competition in the information security industry, particularly in the rapidly growing cloud computing and mobile internet sectors[111]. Research and Development - The company holds 31 invention patents and 61 software copyrights, demonstrating its commitment to research and development[51]. - Research and development expenses amounted to approximately 40.57 million yuan, representing a 69.09% increase year-on-year[71]. - The company invested about 40.57 million yuan in R&D to enhance existing product technology and explore new technologies[62]. - The company plans to invest in R&D to support the internationalization of CA products and the development of IoT and mobile applications[104]. Operational Strategies - The company employs a Make To Stock (MTS) and Assemble To Order (ATO) production model to meet market demands[40]. - The company’s sales strategy includes direct sales to end-users and customized solutions for clients with specific needs[41]. - The company has established a marketing service system that combines industry specialization and regional localization, enhancing its competitive edge[57]. - The company is focusing on building a customer service system that combines industry specialization and regional localization[102]. Governance and Compliance - The company has committed to improving its governance and internal control mechanisms to ensure healthy operations post-IPO[107]. - The company has established measures to ensure that directors and senior management do not engage in activities that conflict with the company's interests[132]. - The company has not faced any major litigation or arbitration matters during the reporting period[143]. - The company has maintained a stable leadership structure with no new appointments or departures in the reporting period[188]. Employee and Management Structure - The total number of employees in the parent company is 81, while the main subsidiaries have 289 employees, resulting in a total of 370 employees[196]. - Among the total employees, 66 are sales personnel, 258 are technical staff, 9 are financial staff, and 37 are administrative staff[196]. - 69% of the employees hold a bachelor's degree or above, totaling 255 individuals[196]. - The company has implemented a salary system linked to annual operational and management goals, promoting a healthy performance culture[197]. Wealth Management and Financial Products - The company has invested a total of RMB 13,968 million in bank wealth management products, with an unexpired balance of RMB 10,218 million[149]. - The bank's wealth management products have varying interest rates, with the highest at 4.30% for the product launched on December 4, 2017[152]. - The bank has successfully redeemed 650 million from its wealth management products, indicating effective management of investor funds[152]. IPO and Share Structure - The company completed its initial public offering (IPO) by issuing 15.25 million shares at a price of RMB 18.10 per share, raising a total of RMB 27,602.50 million[165]. - After the IPO, the total number of shares increased from 45.75 million to 61 million, resulting in a net asset increase per share to RMB 9.42[166]. - The company has a total of 21.3 million restricted shares that were released from lock-up on April 23, 2018, involving 118 shareholders[169]. - The company has committed to a 36-month lock-up period for shares held by major shareholders, including Kong Linggang and Lu Haitan[176].

2018 年第一季度报告 公司代码：603232 公司简称：格尔软件 上海格尔软件股份有限公司 2018 年第一季度报告 1 / 20 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 7 | | 四、 | 附录 9 | 2018 年第一季度报告 一、 重要提示 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 | 645,440,955.04 | 661,135,897.78 | | -2.37% | | 归属于上市公 | 576,008,341.46 | 574,379,076.67 | | | | 司股东的净资 | | | | 0.28% | | 产 | | | | | | | 年初至报告期末 | 上年初至上年报告期 | 比上年同期增减(%) | | | | | 末 | | | | 经营活动产生 | -41,181,850.35 | -28, ...