Financial Performance - The company achieved operating revenue of ¥1,174,809,880.72 in 2020, a decrease of 63.61% compared to ¥3,227,973,598.50 in 2019[5] - The net profit attributable to shareholders was ¥16,947,982.07, while the parent company's net profit was -¥58,174,327.93[5] - The company's net profit attributable to shareholders was CNY 16,947,982.07, a decrease of 92.11% compared to the previous year[23] - The net profit after deducting non-recurring gains and losses was CNY -335,612,326.89, a decline of 295.48% year-on-year[23] - The operating revenue after excluding non-main business income was ¥1,173,126,683.52, also reflecting a 63.61% decrease from the previous year[22] - The company's total assets decreased by 10.24% to CNY 6,410,390,123.58 from CNY 7,142,019,621.01 in the previous year[23] - Basic earnings per share were CNY 0.03, down 93.02% from CNY 0.43 in 2019[24] - The weighted average return on net assets was 0.43%, a decrease of 5.00 percentage points from the previous year[24] - The company's operating revenue for the reporting period decreased significantly, with a decline of 72.94% in product sales and system integration, and a decrease of 68.60% in industry cognitive solution business revenue[59] - Operating costs were CNY 795.52 million, down 65.97% year-on-year[54] Dividend and Shareholder Information - The company proposed a cash dividend of ¥0.1 per 10 shares, resulting in a total dividend distribution of ¥6,977,317.71, which accounts for 41.17% of the net profit attributable to shareholders[6] - The company reported a cash dividend of 1,999,659.5 RMB for 2020, representing 11.80% of its profits[99] - The company did not propose a cash dividend for 2019, as the total amount paid for share repurchases reached 46.09% of the net profit attributable to shareholders[95] - The total number of ordinary shares is 504,500,508, with 100% being tradable shares[130] - The total number of ordinary shareholders decreased from 19,506 to 14,554 during the reporting period[133] - The largest shareholder, Xin'ao Energy Supply Chain Co., Ltd., holds 176,841,072 shares, representing 35.05% of the total shares, with 147,444,480 shares pledged[135] Cash Flow and Financial Stability - The operating cash flow net amount was CNY 606,599,663.71, an increase of 136.57% compared to the previous year[23] - The company improved its cash flow from operating activities, reaching CNY 606.60 million, an increase of 136.57% compared to the previous year[54] - Cash and cash equivalents increased by 133.81% to ¥1,773,533,862.71, accounting for 27.67% of total assets, primarily due to strong sales collections and proceeds from the sale of equity in Beihai Xinyi Yacht[71] - Trade receivables decreased by 31.00% to ¥1,525,812,177.92, representing 23.80% of total assets, attributed to improved sales collections and adjustments under new revenue recognition standards[71] - The company has reduced accounts receivable by 30.98% to CNY 1.53 billion, improving cash flow stability[51] Business Strategy and Focus Areas - The company plans to continue its focus on sustainable and steady profitability while considering long-term development[6] - The company is focusing on smart city solutions and has developed platforms for data aggregation and decision-making to enhance operational efficiency[33] - The company has developed industry-specific solutions in areas such as smart policing and public safety, including systems for risk insight, security management, and emergency response[40] - The company aims to improve its delivery capabilities in policing, public services, and community sectors by leveraging core products like the smart IoT platform and intelligent central platform[85] - The company is focusing on transitioning from project construction to operational services in smart city development, targeting new business models and growth points[86] Research and Development - The company has maintained a high level of R&D investment, focusing on innovative technologies and improving development efficiency[46] - R&D expenses reached 134.39 million RMB, accounting for 11% of total operating revenue, ensuring sustained investment in R&D and maintaining core competitive advantages[64] - Total R&D investment amounted to 159.90 million RMB, representing 13.61% of operating revenue, with 63.94% of the workforce engaged in R&D[65] - The company aims to increase its R&D budget by 15% to support ongoing innovation and product development initiatives[149] Corporate Governance and Compliance - The company has committed to reducing related party transactions and avoiding competition with peers, with commitments made by actual controllers Wang Yusuo and Zhang Tao since February 2016[101] - The company has guaranteed the authenticity and completeness of restructuring documents, with commitments made by major shareholders and controllers since February 2016[101] - The company emphasizes compliance with laws and regulations while actively participating in social responsibility initiatives[122] - The company has received recognition for its contributions to social welfare and economic development, including awards for outstanding contributions[124] - The company emphasizes compliance with information disclosure requirements, ensuring timely and accurate reporting to shareholders[165] Market and Competitive Environment - The company acknowledges potential risks from the post-pandemic economic environment, including possible fiscal tightening and reduced project investments from local governments[89] - The company faces intensified market competition in the smart city sector, necessitating a focus on strengthening its technical capabilities and operational services[92] Employee and Talent Management - The company focuses on talent development and employee welfare, enhancing overall corporate responsibility awareness[127] - The company has implemented a value-sharing incentive system for employee remuneration, which includes baseline sharing and excess performance sharing[157] - The company organized various training programs for management and new employees to enhance their skills and integration into the company culture[159] Asset Management - The company's goodwill balance was 701.65 million yuan, with a goodwill impairment provision of 89.24 million yuan as of December 31, 2020[182] - Total current assets as of December 31, 2020, amounted to ¥4,804,566,850.04, an increase from ¥4,178,235,915.50 in 2019, representing a growth of approximately 14.9%[192] - Total liabilities decreased from CNY 3,144,750,990.53 in 2019 to CNY 2,416,122,813.66 in 2020, a decline of about 23.2%[194] Audit and Financial Reporting - The company has maintained a standard unqualified audit opinion from its accounting firm, Zhihong CPA[4] - The audit report confirmed that there were no material misstatements identified in the financial statements, ensuring reliability for stakeholders[185] - The company has implemented significant internal controls related to equity transfer transactions, ensuring compliance and accuracy in financial reporting[184]

Financial Performance - Net profit attributable to shareholders was CNY -160,295,308.79, representing a decrease of 205.31% year-on-year[3] - Operating revenue for the period was CNY 616,906,677.39, down 64.76% compared to the same period last year[3] - Operating income decreased by 1,133.64 million yuan compared to the same period last year, mainly due to the accelerated transformation of the industry cognitive solution business and significant impacts from the pandemic on delivery efficiency[17] - Operating costs decreased by 772.69 million yuan compared to the same period last year, primarily due to the reduction in operating income[18] - Total profit for the first three quarters of 2020 was a loss of approximately ¥164.84 million, compared to a profit of ¥142.44 million in the same period of 2019[37] - Net profit for Q3 2020 was a loss of approximately ¥11.64 million, compared to a profit of ¥42.55 million in Q3 2019, representing a significant decline[37] - The total comprehensive income for Q3 2020 was a loss of approximately ¥11.64 million, compared to a profit of ¥42.55 million in Q3 2019[38] - The company recorded a loss of -25,131,522.12 RMB in total profit for the first three quarters of 2020, compared to a loss of -34,312,846.55 RMB in the previous year[40] Cash Flow - The net cash flow from operating activities increased by 39.31% to CNY 400,437,373.80 year-to-date[3] - Net cash flow from operating activities increased by 112.99 million yuan compared to the same period last year, driven by improved management of accounts receivable and a focus on high-quality project selection[22] - Net cash flow from investing activities increased by 259.76 million yuan compared to the same period last year, mainly due to proceeds from asset sales and equity disposals[23] - Net cash flow from financing activities increased by 297.76 million yuan compared to the same period last year, as the company actively increased financing scale and cash reserves in a favorable financing environment[22] - The cash inflow from operating activities was 861,116,938.15 RMB for the first three quarters of 2020, down from 1,864,778,741.93 RMB in the same period of 2019, representing a decline of 53.8%[44] - The cash outflow from operating activities totaled 1,021,721,473.66 RMB in the first three quarters of 2020, compared to 1,353,280,133.81 RMB in the same period of 2019, a decrease of 24.5%[44] - The net cash flow from financing activities was 285,334,077.93 RMB in Q3 2020, a turnaround from -522,941,814.59 RMB in Q3 2019[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,153,292,637.52, a 0.16% increase compared to the end of the previous year[3] - Total liabilities amounted to CNY 3,309,295,208.16, an increase from CNY 3,144,750,990.53 year-over-year[29] - Total equity attributable to shareholders was CNY 3,790,953,436.15, a decrease from CNY 3,950,176,791.35[29] - Total assets reached CNY 5,105,132,299.94, up from CNY 4,513,113,041.53 compared to the previous year[33] - Current assets totaled CNY 1,560,194,566.35, significantly higher than CNY 966,869,445.12 in the same period last year[32] - Non-current assets were CNY 3,544,937,733.59, slightly down from CNY 3,546,243,596.41 year-over-year[32] - The company’s long-term assets totaled 2,963,783,705.51 RMB as of Q3 2020, remaining stable compared to the previous year[47] - Total liabilities amounted to CNY 3,144,750,990.53, with current liabilities at CNY 2,981,181,534.07 and non-current liabilities at CNY 163,569,456.46[48] Shareholder Information - The number of shareholders at the end of the reporting period was 13,367[5] - The company reported a total of CNY 929,813,949.47 in other payables, up from CNY 684,907,778.87[33] - The total owner's equity was CNY 3,843,997,429.36, down from CNY 3,997,268,630.48 year-over-year[29] Government Support and Investments - The company received government subsidies amounting to CNY 7,453,270.35 during the reporting period[4] - Long-term equity investments decreased by 44.56 million yuan compared to the beginning of the period, mainly due to the sale of equity in an associate company during the reporting period[13] - The company reported an investment loss of approximately ¥2.84 million in Q3 2020, compared to a profit of ¥6.62 million in Q3 2019[36] Operational Efficiency - Cash and cash equivalents increased by CNY 41,631.99 million, a 54.88% rise from the beginning of the period[10] - Accounts receivable decreased by CNY 109,194.31 million, a 49.38% reduction from the beginning of the period[11] - Long-term borrowings increased significantly by CNY 36,590.85 million, a 1,524.62% increase compared to the beginning of the period[9] - Prepayments decreased by 125.23 million yuan compared to the beginning of the period, primarily due to adjustments in contracts influenced by new revenue standards[14] - Other payables increased by 138.65 million yuan compared to the beginning of the period, mainly due to an increase in deposits, guarantees, and amounts collected on behalf of others[14] Research and Development - Research and development expenses for Q3 2020 were approximately ¥46.53 million, a decrease of 20.6% from ¥58.58 million in Q3 2019[36] Financial Ratios and Standards - The weighted average return on equity decreased by 7.91 percentage points to -4.14%[3] - The company has implemented new revenue and leasing standards effective from January 1, 2020, impacting financial reporting[52] - The total liabilities to equity ratio indicates a leverage position that may require monitoring for future financial health[48] - The company is focused on maintaining a strong balance sheet while exploring market expansion opportunities[52]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥368.28 million, a decrease of 66.63% compared to ¥1.10 billion in the same period last year[19]. - The net profit attributable to shareholders was a loss of approximately ¥141.68 million, representing a decline of 225.14% from a profit of ¥113.22 million in the previous year[19]. - The basic earnings per share for the first half of 2020 was -¥0.281, a decrease of 225.45% compared to ¥0.224 in the same period last year[20]. - The company's revenue for the first half of 2020 was ¥368,284,272.86, a decrease of 66.63% compared to the same period last year[42]. - The net profit attributable to shareholders for the same period was -¥141,682,548.13, representing a decline of 225.14% year-on-year[42]. - In Q2 2020, the company's revenue showed a significant rebound, with a quarter-on-quarter increase of 237.5%[43]. - The company reported a net loss of CNY 141,907,594.78 for the first half of 2020, compared to a net profit of CNY 102,504,457.49 in the same period of 2019, indicating a significant decline in performance[115]. - The total comprehensive income for the first half of 2020 was CNY 113,223,502.85, a decrease of CNY 10,719,045.36 compared to the previous period[131]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 76.00% to approximately ¥165.97 million, compared to ¥94.30 million in the same period last year[19]. - The operating cash flow for the period improved significantly, reaching ¥165,966,233.44, an increase of 76.00% compared to the previous year[52]. - The company has intensified efforts to collect long-term accounts receivable, resulting in improved cash flow and reduced operational risks[47]. - The total cash outflow from operating activities in the first half of 2020 was CNY 540,448,678.04, down 67.8% from CNY 1,678,390,613.73 in the previous year[122]. - The net cash flow from financing activities was CNY 378,794,838.96 in the first half of 2020, up 155.5% from CNY 148,358,702.83 in the same period of 2019[122]. - The company's cash and cash equivalents increased by CNY 413,851,175.68 in the first half of 2020, compared to an increase of CNY 80,791,080.70 in the first half of 2019[122]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥7.43 billion, an increase of 4.08% from ¥7.14 billion at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 3.59% to approximately ¥3.81 billion from ¥3.95 billion at the end of the previous year[19]. - The company's total liabilities increased to RMB 3,181,804,915.06 from RMB 2,981,181,534.07, marking an increase of approximately 6.7%[108]. - The company's total equity decreased to CNY 3,855,155,913.65 from CNY 3,997,268,630.48, a decline of approximately 3.6%[112]. - The accounts receivable decreased significantly from RMB 2,211,415,620.15 to RMB 774,261,778.39, a reduction of approximately 65%[107]. Operational Challenges - The company faced delays in project progress due to the pandemic, impacting revenue recognition for several projects[21]. - The marine route business was also affected by the pandemic, with a temporary suspension in the first quarter and gradual recovery in the second quarter[21]. - Recent natural disasters in southern China, such as floods and typhoons, pose risks to the company's route operations and may affect tourist willingness to travel[67]. - The company is actively implementing risk control measures to ensure safety in operations amid natural disasters[67]. Strategic Initiatives - The company expects a rebound in revenue and net profit indicators in the second quarter due to effective pandemic control and improved management[21]. - The company has successfully implemented the Digital OS platform, which supports various applications in smart policing, community safety, and urban security[44]. - The company aims to enhance its competitive position by focusing on internal reforms and maintaining R&D investments despite cost-cutting measures[48]. - The company has committed to enhancing accounts receivable collection efforts and improving project selection and lifecycle management[66]. Research and Development - The company has increased its R&D expenses by 25.43% to ¥83,904,673.53, focusing on core technology innovation and product development[52]. - The intelligent algorithm platform supports real-time data processing and decision-making, creating a closed-loop business model[28]. - The company focuses on urban safety operations, leveraging a self-developed big data integration service platform and various core software products[25]. Shareholder Information - The company repurchased a total of 6,734,687 shares, accounting for 1.33% of the total share capital, with a maximum repurchase price of 22.36 CNY per share and an average price of 14.99 CNY per share[90]. - As of the end of the reporting period, the total number of ordinary shareholders was 15,552[91]. - The largest shareholder, Xin'ao Energy Supply Chain Co., Ltd., holds 176,841,072 shares, representing 35.05% of the total shares[94]. Compliance and Governance - The company appointed Grant Thornton as the auditor for the fiscal year 2020, approved during the board meeting on April 23, 2020, and ratified at the annual shareholders' meeting on May 20, 2020[75]. - The company guarantees the authenticity and completeness of restructuring documents and assumes legal responsibility for the information provided[73]. - The company has made long-term commitments to reduce related party transactions and avoid competition in the same industry[73].

Financial Performance - In 2019, the company achieved a net profit attributable to shareholders of 214,689,095.18 CNY, with a parent company net profit of 42,160,210.33 CNY after statutory surplus reserve allocation[9]. - The company's operating revenue for 2019 was CNY 3,227,973,598.50, representing a 6.48% increase compared to CNY 3,031,653,191.23 in 2018[27]. - The net profit attributable to shareholders decreased by 43.17% to CNY 214,689,095.18 from CNY 377,796,776.46 in the previous year[27]. - The basic earnings per share fell by 42.67% to CNY 0.43, down from CNY 0.75 in 2018[28]. - The total assets increased by 3.06% to CNY 7,142,019,621.01 at the end of 2019, compared to CNY 6,929,876,503.75 at the end of 2018[27]. - The cash flow from operating activities showed a significant improvement, with a net inflow of CNY 256,412,957.51 compared to a net outflow of CNY -641,149,209.79 in 2018[27]. - The weighted average return on net assets decreased by 4.61 percentage points to 5.28% from 9.89% in the previous year[28]. - The company reported a total annual revenue of CNY 2,830,000,000, marking a year-on-year growth of 25%[35]. - The net profit attributable to shareholders for the entire year 2019 was CNY 214,188,000, which is a 15% increase compared to 2018[31]. Shareholder Actions - The company repurchased 6,570,987 shares in 2019, totaling 98,950,778.69 CNY, which accounted for 46.09% of the net profit attributable to shareholders[9]. - The company will not distribute cash dividends for 2019, opting instead to strengthen market risk response capabilities and ensure sustainable development[9]. - The company reported a cash dividend of 0.32852 RMB per share, totaling 113,663,714.62 RMB, which accounts for 30.09% of the net profit attributable to the listed company[111]. - The company has repurchased 6,570,987 shares for a total amount of 98,950,778.69 RMB, which is treated as a cash dividend[115]. Strategic Focus and Market Expansion - The company plans to focus on urban public safety operations, marking 2019 as the inaugural year for this strategic direction[3]. - The company has initiated business layouts in cities such as Chongqing, Chengdu, and Yancheng, indicating a strategic market expansion[4]. - The company anticipates a surge in urban public safety demand post-pandemic, preparing to extend its services to communities and households[6]. - The company aims to expand its market presence by optimizing its business model and focusing on urban safety as a primary growth area[36]. - The company is expanding its market presence to second and third-tier cities while enhancing product functionality and application scenarios in emergency and public health sectors[54]. Technological Development - A new gas digital supervision platform was developed in Hebei, integrating digital capabilities into gas safety management[4]. - The company has established a big data fusion service platform (Digital OS) to enhance collaboration across business entities while protecting data sovereignty[4]. - The Digital OS platform combines cloud computing, big data, and AI technologies, facilitating multi-source heterogeneous data integration and providing data empowerment for various business scenarios[38]. - The company has integrated AI intelligence platforms and data modeling products to create an intelligent algorithm platform, enabling real-time data processing and decision-making support[38]. - The company is committed to continuous technological innovation, investing in R&D and developing the Digital OS platform to address data integration challenges[47]. Operational Efficiency and Cost Management - The company is actively controlling the scale of projects with long payment cycles and increasing efforts to recover historical accounts receivable[61]. - The company intends to accelerate cash collection and implement cost reduction measures to enhance operational efficiency amid challenges posed by the COVID-19 pandemic[102]. - The company is shifting its focus towards urban safety smart operation projects driven by proprietary software products, adjusting its traditional integration business[28]. - The company focuses on enhancing project initiation standards in its industry cognitive solutions business, emphasizing cash flow and reducing reliance on long repayment cycles[28]. Risk Management - The company faces risks from an unstable macroeconomic environment and intensified market competition, which may impact its operations and demand for services[103][104]. - The company faces risks related to accounts receivable due to long procurement and payment approval cycles from government clients, which could lead to potential bad debt losses[106]. - The company emphasizes safety production and risk control measures to mitigate operational risks from natural disasters affecting maritime operations[108]. Governance and Compliance - The company has established a comprehensive governance structure that complies with relevant laws and regulations, ensuring effective decision-making and operational coordination[191]. - The board of directors consists of nine members, including three independent directors, ensuring compliance with governance standards[192]. - The company has committed to timely and accurate information disclosure, fulfilling its obligations under regulatory requirements[193]. - The independent directors have played a significant role in overseeing major decisions and ensuring the protection of shareholder interests[193]. Research and Development - The company invested 26,737.15 million yuan in R&D during the reporting period, focusing on building industry barriers and enhancing competitive position[57]. - The company maintained a continuous increase in R&D investment, focusing on self-developed product development and actively introducing R&D teams to enhance product performance and meet industry demand changes[105]. - Research and development expenses totaled 16,471.23 million RMB, down 15.52% from the previous year, indicating a focus on cost control[72]. Employee and Talent Development - The company has established a comprehensive training program for employees, emphasizing talent development and creating a supportive work environment[140]. - The company recruited 38 fresh graduates in 2019 and provided targeted training to enhance their transition into the workplace[188]. - The company’s remuneration adjustment mechanism is linked to annual performance and market benchmarking, ensuring fairness and competitiveness[184]. Community Engagement and Social Responsibility - The company has actively participated in social responsibility initiatives, contributing a total of 1,022,900 RMB to support local infrastructure and education[138]. - The company has adhered to legal compliance and actively contributed to local economic development through job creation and tax contributions[137].

新智认知 2020 年第一季度报告 公司代码：603869 公司简称：新智认知 新智认知数字科技股份有限公司 2020 年第一季度报告 新智认知 2020 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 | 7,269,945,632.83 | 7,142,019,621.01 | 1.79 | | 归属于上市公司股东的 净资产 | 3,845,667,124.49 | 3,950,176,791.35 | -2.65 | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的现金 流量净额 | -65,472,826.91 | 69,631,276.53 | -194.03 | | | 年初至报告期末 | | 上年初至上年报告期末 比上年同期增减（%） | | 营业收入 | 84,177,510.76 | 512,962,254.52 | -83.59 | | 归属于上市公司股 ...

新智认知 2020 年第一季度报告 公司代码：603869 公司简称：新智认知 新智认知数字科技股份有限公司 2020 年第一季度报告 1 / 25 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 新智认知 2020 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 新智认知 2020 年第一季度报告 单位：元 币种：人民币 | 项目 | 本期金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益 | -2,414.07 | | | 越权审批，或无正式批准文件，或偶发性的税收返还、减免 | | | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合国家政策 | 9,007,781.23 | | | 规定、按照一定标准定额或定量持续享受的政府补助除外 | | | | 计入当期损益的对非金融企业收取的资金占用费 | | | | 企业取得子公司、联营企业及合营企业的投资成本小于取得投资时应享有被 | | | | 投资单位可 ...

新智认知数字科技股份有限公司 2019 年第三季度报告 公司代码：603869 公司简称：新智认知 新智认知数字科技股份有限公司 2019 年第三季度报告 1 / 28 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 10 | 新智认知数字科技股份有限公司 2019 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人王子峥、主管会计工作负责人张炎锋及会计机构负责人（会计主管人员）陈超保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度 末增减(%) | | --- | --- | --- | --- | | 总资产 | 6,682 ...

Financial Performance - The company's operating revenue for the first half of 2019 was approximately ¥1.10 billion, a decrease of 7.85% compared to ¥1.20 billion in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2019 was approximately ¥113.22 million, down 16.14% from ¥135.01 million in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥75.32 million, a decline of 32.85% compared to ¥112.17 million in the same period last year[18]. - Basic earnings per share for the first half of 2019 were ¥0.327, down 15.50% from ¥0.387 in the same period last year[20]. - The weighted average return on net assets was 2.821%, a decrease of 0.8 percentage points compared to 3.62% in the previous year[20]. - The company reported a net profit attributable to shareholders for the reporting period was CNY 113.22 million, a decrease of 16.14% year-on-year[42]. - Revenue from industry cognitive solutions was CNY 782 million, down 6% year-on-year, with a gross margin decline of 8 percentage points compared to the previous year[42]. - The company reported a total profit for the first half of 2019 was CNY 121,100,471.56, a decrease of 21.96% from CNY 155,183,491.47 year-on-year[114]. - The company incurred a tax expense of CNY 18,596,014.07, down from CNY 36,233,955.92 in the previous year[114]. - The company experienced a significant increase in financial expenses, which rose to CNY 60,131,873.84 from CNY 36,980,643.04, marking a 62.83% increase[113]. Cash Flow and Investments - The net cash flow from operating activities was approximately ¥94.30 million, a significant improvement from a negative cash flow of ¥309.45 million in the previous year[18]. - The company reported a net cash flow from operating activities for the first half of 2019 was ¥94,301,155.97, compared to a negative cash flow of ¥309,446,551.00 in the same period of 2018, indicating a significant improvement[121]. - The net cash flow from investing activities was negative at ¥161,868,778.10, worsening from a negative cash flow of ¥123,257,289.93 in the first half of 2018[122]. - Cash inflow from financing activities increased to ¥757,555,556.00, compared to ¥405,100,000.00 in the same period of 2018, marking an increase of approximately 87%[122]. - The ending balance of cash and cash equivalents as of June 30, 2019, was ¥951,195,916.05, compared to ¥639,110,534.14 at the end of June 2018, representing an increase of approximately 48.8%[122]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥7.12 billion, an increase of 2.71% from ¥6.93 billion at the end of the previous year[18]. - The total liabilities increased to CNY 3,098,293,422.95 from CNY 2,927,991,238.14, reflecting a growth of approximately 5.8%[110]. - The company's cash and cash equivalents decreased to CNY 152,119,833.21 from CNY 357,121,891.76, representing a decline of approximately 57.5%[110]. - The total equity attributable to shareholders increased to CNY 3,492,750,989.84 from CNY 3,588,079,136.31, showing a decrease of approximately 2.7%[111]. - The total liabilities at the end of the reporting period were CNY 3,795,364,343.62, indicating a stable financial position[135]. Research and Development - The company invested CNY 97.52 million in R&D during the first half of 2019, representing a 45.84% increase year-on-year[39]. - Research and development expenses increased to CNY 66,893,967.30, up 39.93% from CNY 47,791,335.28 year-on-year[113]. - The company is increasing its R&D investment and attracting high-end talent to prepare for technological iterations and market dynamics[63]. Business Strategy and Market Position - The company is focused on digital solutions in sectors such as digital policing, digital cities, and digital enterprises, leveraging big data and AI technologies[25]. - The digital policing sector has seen a shift towards intelligent and integrated command systems, enhancing operational efficiency and service responsiveness[26]. - The company aims to deepen its operational model by transitioning from traditional IT services to operational technology services, fostering closer client relationships[25]. - The company is expanding its marine route business, focusing on three core routes, enhancing customer experience through high-end services and innovative product designs[34]. - The security industry is entering a growth phase, driven by government policies promoting public safety initiatives, which will benefit the company's offerings[35]. Risks and Challenges - The company faces risks related to market environment changes, particularly if industry demand growth slows, which could elevate development growth risks[63]. - There is a significant risk of technological innovation, as rapid advancements in AI, big data, cloud computing, and edge computing require the company to continuously track and adapt to new technologies[63]. - Accounts receivable risk is present due to long settlement cycles and potential financial difficulties of clients, but the company has established provisions for bad debts and is actively managing historical receivables[63]. Shareholder Information - The total share capital of the company is 504,500,508 shares after the completion of profit distribution and capital reserve transfer on July 12, 2019[90]. - The top ten shareholders hold a total of 221,000,000 shares, representing 63.12% of the total share capital[97]. - The company has a total of 39,785,905 restricted shares, with 14,773,399 shares released during the reporting period[92]. - The company has repurchased a total of 4,331,287 shares, accounting for 0.86% of the total share capital, with a total payment of ¥72,505,178.44[90]. Compliance and Governance - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal environment[72]. - The company continues to employ the same auditing firm, Grant Thornton, for the 2019 fiscal year, ensuring consistency in financial reporting[72]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance of China[148].

证券代码：603869 证券简称：新智认知 公告编号：临 2019-043 新智认知数字科技股份有限公司 关于参加投资者网上集体接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、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，新智认知数字科技股份有限公司（以下 简称"公司"）将参加由广西上市公司协会、上证所信息网络有限公司、深圳市 全景网络有限公司共同举办的"2019 年广西地区上市公司投资者网上集体接待 日活动"，现将有关事项公告如下： 本次集体接待日活动将通过上证所信息网络有限公司提供的互联网平台举 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 5 月 28 日（星期二）14:00 至 17:00。 届时公司总裁杨瑞先生、副总裁兼董事会秘书张炎锋先生、财务总监田芳女 士将通过网络在线问答互动的形式，与投资者就公司治理、发展经营情况、融资 情况和 ...

Financial Performance - Operating revenue for the period was ¥512,962,254.52, representing an increase of 11.27% year-on-year[6]. - Net profit attributable to shareholders was ¥28,019,950.74, a significant increase of ¥30,148,000 compared to the same period last year[6]. - The basic earnings per share for the quarter was ¥0.08, compared to a loss of ¥0.01 per share in the same period last year[6]. - The net profit from the tourism business increased by 191.63% year-on-year, amounting to ¥2,192.07 million, due to the disposal of underperforming assets[6]. - The net profit from industry cognitive solutions decreased by 71.61% year-on-year, totaling ¥609.92 million, impacted by the Spring Festival[6]. - Total operating revenue for Q1 2019 was approximately ¥512.96 million, an increase of 11.3% compared to ¥461.02 million in Q1 2018[25]. - Net profit for Q1 2019 was approximately ¥20.78 million, a significant recovery from a net loss of ¥17.74 million in Q1 2018[26]. - The company reported a gross profit margin of approximately 4.85% in Q1 2019, compared to a gross loss margin in Q1 2018[25]. - Total profit for Q1 2019 was approximately ¥24.02 million, compared to a total loss of ¥7.81 million in Q1 2018[25]. Cash Flow - The net cash flow from operating activities was ¥69,631,276.53, a recovery from a negative cash flow of ¥203,267,417.79 in the previous year[6]. - Operating cash flow net increased by 134.26% to ¥69,631,276.53, attributed to better sales collections compared to the previous year[14]. - Cash inflow from operating activities for Q1 2019 was approximately ¥1.08 billion, an increase from ¥694.98 million in Q1 2018[31]. - The net cash flow from operating activities for Q1 2019 was ¥69,631,276.53, a significant improvement compared to a net outflow of ¥203,267,417.79 in Q1 2018[32]. - Cash inflow from financing activities was ¥508,001,094.77, up from ¥280,100,000.00 in Q1 2018, representing an increase of about 81.5%[33]. - The net cash flow from financing activities for Q1 2019 was ¥88,250,330.96, a decrease from ¥201,571,796.41 in Q1 2018[33]. - The cash outflow for investment activities was ¥109,432,731.18, down from ¥164,120,795.72 in the previous year, indicating a decrease of about 33.3%[32]. - The net cash flow from investment activities was -¥109,411,331.18, compared to -¥164,115,207.72 in Q1 2018, showing an improvement of approximately 33.4%[32]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,038,878,544.83, an increase of 1.57% compared to the end of the previous year[6]. - Total liabilities increased to CNY 3,045,821,527.77 from CNY 2,927,991,238.14, showing a growth of around 4.02%[20]. - Owner's equity decreased slightly to CNY 3,993,057,017.06 from CNY 4,001,885,265.61, a decline of about 0.22%[20]. - Cash and cash equivalents decreased to CNY 132,745,769.12 from CNY 357,121,891.76, a drop of approximately 62.87%[21]. - Total current assets rose to CNY 1,140,966,751.33 from CNY 989,490,777.78, indicating an increase of approximately 15.27%[22]. - Current liabilities rose to CNY 2,786,328,429.80 from CNY 2,651,664,946.60, reflecting an increase of approximately 5.08%[20]. - Long-term borrowings decreased to CNY 94,600,000.00 from CNY 128,200,000.00, a reduction of about 26.19%[20]. - Total assets increased to CNY 7,038,878,544.83 from CNY 6,929,876,503.75, representing a growth of approximately 1.57%[19]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,080[10]. - The top shareholder, Xin'ao Energy Supply Chain Co., Ltd., held 34.96% of the shares, with 121,959,360 shares pledged[10]. Expenses - Research and development expenses rose by 30.14% to ¥29,155,625.62, reflecting ongoing R&D project developments[12]. - Financial expenses increased by 55.72% to ¥27,184,520.94, primarily due to increased interest expenses from higher borrowings[12]. - Sales expenses decreased by 47.45% to ¥31,675,781.12, largely due to the sale of cultivation-related tourism businesses last year[12]. - The company reported a significant increase in asset impairment losses by 1370.56% to ¥10,640,874.14, due to changes in bad debt provision ratios under new accounting standards[12].