关于北京新时空科技股份有限公司向特定对 象发行股票申请文件的审核问询函的回复 大华核字[2023]0013900 号 大 华 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) Da Hua Certified Public Accountants（Special General Partnership） 关于北京新时空科技股份有限公司向特定对象发行股票申 请文件的审核问询函的回复 $$\begin{array}{c c c}{{\mathbb{H}}}&{{}}&{{}}&{{}}\\ {{}}&{{}}&{{}}&{{}}\\ {{}}&{{}}&{{}}&{{}}\end{array}$$ 一、 关于北京新时空科技股份有限公司向特定对 象发行股票申请文件的审核问询函的回复 1-84 大华会计师事务所（特殊普通合伙） 北京市海淀区西四环中路 16 号院 7 号楼 12 层 [100039] 电话：86 (10) 5835 0011 传真：86 (10) 5835 0006 www.dahua-cpa.com 关于北京新时空科技股份有限公司向特 定对象发行股票申请文件 的 审核问询函 的回复 大华核字 [ ...

证券代码：605178 证券简称：时空科技 北京新时空科技股份有限公司 2023 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 2023 年第一季度报告 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度(%) | | | --- | --- | --- | --- | | 营业收入 | 40,367,837.27 | | -69.73 | | 归属于上市公司股东的净利润 | -45,566,024.82 | | 不适用 | | 归属于上市公司股东的扣除非经常 | -45,752,614.91 | | 不适用 | | 性 ...

证券代码：605178 证券简称：时空科技 公告编号：2023-032 北京新时空科技股份有限公司 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法律责任。 重要内容提示： 投资者可于2023年4月4日(星期二)至4月10日(星期一)16:00前登录上证路演 中心网站首页点击"提问预征集通道"栏目或通过公司邮箱zqsw@nnlighting.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。 北京新时空科技股份有限公司（以下简称"公司"）已于2023年3月15日发 布公司2022年年度报告，为便于广大投资者更全面深入地了解公司2022年度经 营成果、财务状况，公司计划于2023年4月11日上午10:00-11:00举行2022年度业 绩说明会，就投资者关心的问题进行交流。 会议召开时间：2023年4月11日（星期二）上午10：00-11：00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.ssein ...

北京新时空科技股份有限公司 2022 年年度报告 公司代码：605178 公司简称：时空科技 北京新时空科技股份有限公司 2022 年年度报告 1 / 196 北京新时空科技股份有限公司 2022 年年度报告 重要提示 三、 大华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人宫殿海、主管会计工作负责人王新才及会计机构负责人（会计主管人员）吕秀兵 声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司2022年度拟不派发现金红利，不送红股，不以资本公积金转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质性承诺，敬 请投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露年度报告的真实性、准确性和完整性 否 十、 重大风险提示 本报告第三节"管理层讨论与分析"中已详细描述公司可能面临的各项风险，敬请 投资者予 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥31,557,224.67, a decrease of 85.73% compared to the same period last year[5] - The net profit attributable to shareholders was -¥74,250,917.83, reflecting a decline of 2,930.22% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥79,299,363.27, down 3,567.63% compared to the previous year[5] - The basic and diluted earnings per share were both -¥0.73, a decrease of 2,533.33% year-on-year[6] - Total operating revenue for the first three quarters of 2022 was CNY 308.15 million, a decrease of 51.7% compared to CNY 636.36 million in the same period of 2021[18] - Net profit for the first three quarters of 2022 was a loss of CNY 123.12 million, compared to a profit of CNY 33.18 million in the same period of 2021[19] - The total comprehensive income for the third quarter of 2022 was -123,121,269.23 CNY, compared to 33,175,836.49 CNY in the same period of 2021[20] - The basic and diluted earnings per share for the third quarter of 2022 were both -1.22 CNY, down from 0.35 CNY in the previous year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,465,003,140.53, a decrease of 6.17% from the end of the previous year[6] - The total assets of the company as of September 30, 2022, were CNY 2.47 billion, down from CNY 2.63 billion at the end of 2021, indicating a decrease of 6.1%[16] - The total liabilities decreased to CNY 550.77 million from CNY 591.02 million, a decline of 6.8%[16] - The equity attributable to shareholders was ¥1,915,923,316.93, down 5.86% compared to the end of the previous year[6] - The company’s equity attributable to shareholders decreased to CNY 1.92 billion from CNY 2.04 billion, a decline of 5.5%[16] Cash Flow - The cash flow from operating activities was -¥128,712,080.85, indicating a significant cash outflow[6] - The net cash flow from operating activities for the first three quarters of 2022 was -128,712,080.85 CNY, an improvement from -313,707,579.88 CNY in the same period of 2021[23] - The total cash inflow from operating activities for the first three quarters of 2022 was 336,070,079.93 CNY, down from 408,312,080.71 CNY in the previous year[23] - The total cash outflow from operating activities for the first three quarters of 2022 was 464,782,160.78 CNY, compared to 722,019,660.59 CNY in the same period of 2021[23] - The cash and cash equivalents decreased to CNY 491.03 million as of September 30, 2022, from CNY 559.85 million at the end of 2021, representing a decline of 12.2%[14] - The cash and cash equivalents at the end of the third quarter of 2022 were 481,058,410.78 CNY, compared to 429,621,952.12 CNY at the end of the same period in 2021[24] Operational Challenges - The decline in revenue was primarily due to macroeconomic fluctuations and reduced investment demand in the landscape lighting industry[9] - The company faced increased competition, leading to a continuous decline in gross profit margins in the landscape lighting business[9] Shareholder Information - The company reported a total of 11,822 common shareholders at the end of the reporting period[11] Costs and Expenses - Total operating costs for the first three quarters of 2022 were CNY 376.77 million, down 31.7% from CNY 551.49 million in the previous year[18] - Research and development expenses for the first three quarters of 2022 were CNY 21.75 million, a decrease of 17% compared to CNY 26.25 million in the same period of 2021[18] Other Income - The company reported a significant increase in other income to CNY 5.89 million, up from CNY 4.51 million in the previous year, reflecting a growth of 30.6%[18] Investment Activities - Cash inflow from investment activities for the first three quarters of 2022 was 502,847,322.36 CNY, compared to 1,156,122,187.33 CNY in the previous year[24] - The net cash flow from investment activities for the first three quarters of 2022 was 56,651,265.36 CNY, down from 235,201,168.90 CNY in the same period of 2021[24] - The net cash flow from financing activities for the first three quarters of 2022 was 22,086,243.49 CNY, a significant improvement from -41,278,640.06 CNY in the previous year[24] - The company reported a cash inflow of 500,182,244.00 CNY from the recovery of investments in the first three quarters of 2022, down from 1,150,000,000.00 CNY in the previous year[23]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 27,659 million, a decrease of 33.39% compared to CNY 41,523 million in the same period last year[20]. - The net profit attributable to shareholders was CNY -4,686.37 million, representing a decline of 247.17% from CNY 3,184.23 million in the previous year[20]. - The net cash flow from operating activities was CNY -12,037.04 million, compared to CNY -28,935.33 million in the same period last year[20]. - The company's total assets decreased by 1.93% to CNY 257,637.87 million from CNY 262,700.80 million at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 2.18% to CNY 199,084.40 million from CNY 203,529.02 million at the end of the previous year[20]. - Basic earnings per share were CNY -0.49, a decrease of 253.13% from CNY 0.32 in the same period last year[21]. - The company reported a total of CNY 3,394.88 million in credit impairment losses and asset impairment losses during the reporting period[22]. - The company reported a net loss for the first half of 2022 of RMB 48,476,759.84, compared to a net profit of RMB 31,124,397.59 in the same period of 2021[117]. - The total profit (loss) for the first half of 2022 was -RMB 53,163,635.35, compared to a profit of RMB 39,192,689.84 in the first half of 2021[117]. - The company experienced a comprehensive loss of CNY 39,908,668.76 during the first half of 2022[136]. Operational Challenges - The company faced a decline in gross profit margin due to increased competition and rising costs of raw materials and labor[22]. - The company experienced a slowdown in project payment progress due to the impact of the pandemic and local fiscal conditions[22]. - The company's operating revenue decreased due to the impact of repeated COVID-19 outbreaks in multiple cities, leading to a decline in new order volume and a year-on-year revenue drop[39]. - Gross profit margin fell below the same period last year due to rising raw material and labor costs, despite a decrease in operating costs from lower revenue[39]. - The company incurred asset impairment losses of -31,273,483.89 RMB, compared to -17,587,204.75 RMB in the same period of 2021[121]. Strategic Initiatives - The company plans to conduct organizational restructuring to manage rising sales and administrative expenses[22]. - The company is focusing on the long-term strategic goal of "redefining public space value" and is undergoing organizational changes to enhance management efficiency[33]. - The company is expanding its cultural tourism night economy services, leveraging its strengths in landscape lighting to enhance its comprehensive service capabilities[35]. - The company is implementing a cash flow and efficiency-oriented strategy to manage receivables and control expenses amid market pressures[37]. - The company plans to acquire a 47.80% stake in Jieanbo Co., Ltd., aiming to enhance its smart parking business through this strategic investment[51]. - The company plans to enhance the technological content of its landscape lighting business to lead the industry in green and efficient development[61]. - The company plans to focus on market expansion and new product development to improve future performance[118]. Financial Position - Cash and cash equivalents decreased by 40.74% to CNY 331.75 million, primarily due to a reduction in bank deposits[41]. - The company increased its trading financial assets by 99.67% to CNY 200 million, reflecting investments in financial products[41]. - Short-term borrowings rose by 58.56% to CNY 127.58 million, indicating increased reliance on short-term financing[42]. - The company's total equity decreased from CNY 2,061,521,328.18 to CNY 2,022,402,138.29, representing a decline of approximately 1.90%[115]. - The company's retained earnings decreased from CNY 670,489,157.70 to CNY 630,580,488.94, a decline of about 5.94%[115]. - The total owner's equity at the end of the reporting period is CNY 2,102,740,847.28, an increase from CNY 2,076,753,085.93 at the end of the previous period, reflecting a growth of approximately 1.25%[137]. Shareholder Information - The company held its annual general meeting on May 13, 2022, with all proposals approved as disclosed on the Shanghai Stock Exchange website[54]. - The company reported no profit distribution or capital reserve transfer plans for the half-year period[56]. - There were changes in senior management, with the resignation of Deputy General Manager Bi Linlin due to personal reasons[55]. - The company commits that during the tenure of its directors and senior management, they will not transfer more than 25% of their shares annually[69]. - The company will implement measures to stabilize its stock price if the closing price is below the latest audited net asset value per share for 20 consecutive trading days[73]. - The company plans to repurchase shares or increase holdings by controlling shareholders and management to stabilize the stock price, with repurchase prices not exceeding the latest audited net asset value per share[74]. Environmental and Social Responsibility - The company is actively implementing energy-saving transformation projects and using LED energy-saving products to support national carbon reduction goals[61]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[60]. - The company is focused on developing and applying green energy-saving technologies in the context of new urbanization[61]. Accounting and Financial Reporting - The company’s financial statements are prepared in accordance with the Chinese Accounting Standards, ensuring a true and complete reflection of its financial status[144]. - The company recognizes control transfer on the purchase date when the net assets or operational decision-making authority of the acquired entity is transferred, contingent upon several conditions being met[151]. - The company includes all subsidiaries under its control in the consolidated financial statements, reflecting the overall financial position and performance of the group[155]. - The company recognizes losses from asset impairment in full when applicable, according to relevant accounting standards[166]. - The company assesses expected credit losses for financial instruments based on historical loss experience, current conditions, and future economic forecasts[197].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 13,337.61 million, representing a decrease of 8.12% compared to the same period last year [5]. - The net profit attributable to shareholders was CNY -1,078.06 million, a significant decline of 327.01% year-on-year [5]. - Total operating revenue for Q1 2022 was CNY 133,376,076.67, a decrease of 8.3% compared to CNY 145,170,041.28 in Q1 2021 [15]. - Net profit for Q1 2022 was a loss of CNY 12,007,099.65, compared to a profit of CNY 4,676,836.24 in Q1 2021, representing a significant decline [16]. - Basic and diluted earnings per share were both CNY -0.11, with a weighted average return on equity of -0.53% [6]. - Basic and diluted earnings per share for Q1 2022 were both CNY -0.11, compared to CNY 0.07 in Q1 2021, highlighting a downturn in profitability [16]. Cash Flow - The net cash flow from operating activities was CNY -386.30 million, down 97.31% compared to the previous year [5]. - In Q1 2022, the cash inflow from operating activities was CNY 189,251,411.63, a 74.5% increase compared to CNY 108,422,355.95 in Q1 2021 [17]. - The net cash flow from operating activities was -CNY 3,862,957.52, improving from -CNY 143,735,741.72 in the same quarter last year [17]. - Cash inflow from investment activities totaled CNY 200,716,972.60, down 62.4% from CNY 532,087,234.21 in Q1 2021 [17]. - The net cash flow from investment activities was -CNY 9,186,882.40, a significant decline from CNY 130,097,578.21 in the previous year [17]. - The net cash flow from financing activities was CNY 39,347,371.88, recovering from -CNY 50,089,888.22 in Q1 2021 [18]. - The cash outflow for financing activities was CNY 9,294,877.69, significantly lower than CNY 55,170,399.16 in the same quarter last year [18]. - The company paid CNY 2,500,000 for debt repayment, down from CNY 25,000,000 in Q1 2021, reflecting improved cash management [18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 262,364.49 million, a slight decrease of 0.13% from the end of the previous year [6]. - The total assets as of March 31, 2022, were CNY 2,623,644,941.96, slightly down from CNY 2,627,007,952.52 at the end of 2021 [13]. - The company's total liabilities increased to CNY 598,801,615.70 from CNY 591,020,210.11, reflecting a rise in short-term borrowings [14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,131 [9]. - The top shareholder, Gonglian Hai, holds 37,168,589 shares, representing 37.45% of the total shares [10]. Project and Financing Activities - The company won the bid for the "Bamboo Culture Ecological Industry Park Project (Phase I) Supporting Construction and Facilities Project" with a contract amount of approximately CNY 21,138.53 million, although the contract has not yet been formally signed [11]. - The company received CNY 200,000 from minority shareholders in Q1 2022, indicating continued support from investors [18]. Receivables and Expenses - The company reported a 1,553.00% increase in receivables financing due to the receipt of bank acceptance bills [6]. - Contract liabilities increased by 121.03% due to an increase in project prepayments received [6]. - Accounts receivable decreased to CNY 251,915,520.47 from CNY 352,818,281.46, indicating improved collection efforts [12]. - Research and development expenses for Q1 2022 were CNY 10,880,561.03, up from CNY 9,061,016.19 in Q1 2021, indicating a focus on innovation [15]. - The company reported a significant increase in credit impairment losses of CNY 5,174,199.01 compared to a gain of CNY -1,997,269.52 in the previous year [16].

Financial Performance - The company's operating revenue for 2021 was ¥745,782,951.05, a decrease of 16.81% compared to ¥896,490,820.60 in 2020[21]. - The net profit attributable to shareholders for 2021 was -¥17,714,045.87, representing a decline of 113.34% from ¥132,814,235.33 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥27,241,525.03, down 121.81% from ¥124,921,113.87 in 2020[21]. - The net cash flow from operating activities for 2021 was -¥269,601,370.05, compared to -¥45,883,554.72 in 2020[21]. - As of the end of 2021, the total assets amounted to ¥2,627,007,952.52, a decrease of 4.95% from ¥2,763,701,180.31 at the end of 2020[21]. - The net assets attributable to shareholders at the end of 2021 were ¥2,035,290,195.66, a slight decrease of 1.39% from ¥2,063,973,130.31 in 2020[21]. - The company reported a revenue of 74,578.30 million RMB in 2021, a decrease of 16.81% compared to the previous year[32]. - The net profit attributable to shareholders was a loss of 1,771.40 million RMB, marking a significant decline from the previous year's profit[32]. - The weighted average return on equity decreased to -0.86%, down 10.97 percentage points from 2020[22]. Operational Challenges - The company faced challenges due to the ongoing pandemic and power supply constraints, impacting the demand for landscape lighting projects[32]. - The gross profit margin for ongoing projects declined due to rising costs of raw materials such as copper, aluminum, and stainless steel[33]. - A total of 6,093.03 million RMB was recognized as credit impairment and asset impairment losses, impacting the overall profit[23]. - Operating costs decreased by 3.65% to CNY 53,104.41 million, but the proportion of operating costs to revenue increased due to rising raw material and labor costs[51]. Strategic Initiatives - The company has implemented organizational reforms and is exploring new business models, including a "partner" model for investment in various sectors[33]. - The company aims to enhance its market presence in landscape lighting, cultural tourism, and smart city sectors through strategic partnerships[33]. - The company invested CNY 42.7019 million in R&D during the reporting period, an increase of 21.03% compared to the previous year[35]. - The company has focused on high-profile landscape lighting projects, which generally have higher gross margins compared to traditional construction[33]. - The company aims to leverage new technologies such as 5G and AI to enhance urban space experiences and meet rising market demands[38]. Governance and Compliance - The company received a standard unqualified audit report from Da Hua Certified Public Accountants[4]. - The company has established a robust governance structure, ensuring compliance with legal regulations and protecting shareholder interests[94]. - The company completed the election of its third board of directors in December 2021, consisting of 7 members, including 3 independent directors[95]. - The company has maintained a stable governance structure, with no significant differences from regulatory requirements, ensuring compliance and shareholder protection[100]. - The independent directors have not reported any shareholdings, reflecting a commitment to unbiased governance[100]. Market Position and Future Outlook - The company plans to maintain its market position in landscape lighting and improve overall profitability through budget control and cost reduction measures[88]. - The company aims to enhance its landscape lighting business while exploring innovative business models, focusing on cultural, creative, and technological upgrades[86]. - The company is focusing on research and development of new technologies to enhance its product offerings and maintain competitive advantage in the industry[102]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[106]. - The company provided a future outlook projecting a revenue growth of 25% for the next fiscal year, driven by new product launches and market expansion strategies[106]. Shareholder and Capital Management - The total share capital increased from 70,894,000 shares to 99,251,600 shares due to a cash dividend of 0.19 yuan per share and a bonus share distribution of 0.4 shares per share[185]. - The company has a structured salary policy that includes basic salary, bonuses, and allowances, with different models for various employee categories[123]. - The total remuneration for all directors, supervisors, and senior management was CNY 1,733.74 million[110]. - The company has not experienced significant changes in its asset and liability structure due to the distribution of bonus shares and cash dividends[190]. - The company is actively managing its shareholder structure to optimize capital distribution and enhance shareholder value[185].

重要内容提示： 2021 年第三季度报告 证券代码：605178 证券简称：时空科技 北京新时空科技股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 221,127,908.82 | -18.44 | 636,361,139.13 | -7 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 41,523.32 million, a year-on-year increase of 0.36%[17]. - The net profit attributable to shareholders for the same period was CNY 3,184.23 million, representing a decrease of 56.64% compared to the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 2,244.91 million, down 69.33% year-on-year[17]. - Basic earnings per share for the first half of 2021 were CNY 0.32, a decrease of 56.76% year-on-year[18]. - The company reported a significant increase in prepayments, which rose by 29.82% to CNY 1,813.49 million, mainly due to increased project procurement prepayments[37]. - The company reported a net profit distribution of CNY 28,357,600.00 during the first half of 2021[139]. Cost and Expenses - The average gross margin for construction projects was lower than the same period last year due to significant differences among customized projects[18]. - Rising prices of raw materials such as copper, aluminum, and stainless steel increased procurement costs during the reporting period[18]. - The company increased investments in technology research and development, marketing, and business expansion, leading to higher sales, management, and R&D expenses[18]. - Research and development expenses amounted to 17.61 million yuan, an increase of 34.41% year-on-year, with a focus on enhancing technological capabilities[31]. - Total operating costs increased to CNY 365,546,469.93, up 16.6% from CNY 313,568,607.23 in the first half of 2020[115]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 264,228.33 million, a decrease of 4.39% from the end of the previous year[17]. - The net assets attributable to shareholders increased to CNY 208,329.36 million, reflecting a growth of 0.93% compared to the previous year[17]. - The company's total assets decreased to CNY 2,660,537,957.82 from CNY 2,779,601,935.29 at the end of 2020[113]. - Total liabilities decreased to RMB 559,707,592.02 from RMB 699,728,050.00, a reduction of about 20%[109]. - The company's equity attributable to shareholders increased to RMB 2,083,293,627.01 from RMB 2,063,973,130.31, showing a slight increase of approximately 0.9%[109]. Market and Business Strategy - The company continues to focus on cultural creativity and technological innovation, maintaining its leading position in the light and shadow cultural tourism industry while actively expanding into smart city business[22]. - The smart city business, driven by smart streetlights, is expected to see significant growth opportunities as the country emphasizes smart city development[25]. - The company plans to continue expanding its market presence and exploring new strategies for growth[90]. - The company has initiated a new strategic partnership with a leading tech firm to enhance its product offerings and improve service delivery[133]. Research and Development - The company has nearly 50 intellectual property rights, including patents and software copyrights, and has developed smart city IoT products and management platforms[27]. - The company established two new subsidiaries to explore market expansion in landscape lighting and smart city sectors[31]. - Research and development expenses for the first half of 2021 were CNY 17,607,187.59, compared to CNY 13,099,903.01 in the same period of 2020, reflecting a 34.3% increase[115]. Shareholder and Equity Information - The total share capital increased from 70,894,000 shares to 99,251,600 shares after a cash dividend of 0.19 CNY per share and a bonus issue of 0.4 shares per share were distributed[89]. - The largest shareholder, Gongdianhai, held 37,168,589 shares after an increase of 10,619,597 shares during the reporting period[91]. - The number of shares held by domestic private investors increased to 67,980,920 shares, accounting for 68.50% of the total shares after a decrease of 19,423,120 shares[88]. - The company reported an increase in shareholding for key executives, with Gongdianhai increasing by 10,619,597 shares due to stock dividends[100]. Environmental and Social Responsibility - The company actively implemented energy-saving renovation projects and utilized LED energy-saving lighting products to support national carbon reduction goals[54]. - The company is focused on fulfilling its corporate social responsibility by promoting sustainable practices and reducing carbon emissions[54]. - The company has adhered to environmental laws and regulations, effectively preventing and managing pollution during construction activities[53]. Risks and Challenges - The company faces risks related to macroeconomic fluctuations, market competition, and rising raw material and labor costs[44][46]. - The company will stop major asset purchases or capital operations if it fails to fulfill its commitments[73]. Financial Management and Governance - The company has maintained a good integrity status, with no significant debts or obligations unfulfilled during the reporting period[80]. - The company has not disclosed any major related transactions or significant contracts during the reporting period[81][84]. - The company has committed to avoiding any conflicts of interest and ensuring that no related parties engage in competitive activities[78].