1 / 28 | 目录 | | --- | 2020 年第三季度报告 公司代码：688081 公司简称：兴图新科 武汉兴图新科电子股份有限公司 2020 年第三季度报告 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 8 | | 四、 | 附录 | 11 | 2020 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 公司负责人程家明、主管会计工作负责人马超及会计机构负责人（会计主管人员）王华军保 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 3 / 28 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 726,773,654.24 844,205,647.28 -13.91 归属于上市公司 股东的净资产 69 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥35,752,893.60, a decrease of 27.12% compared to ¥49,056,506.21 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was -¥4,883,229.92, representing a decline of 769.64% from ¥729,229.56 in the previous year[22]. - The net cash flow from operating activities was -¥22,431,941.40, significantly impacted by delayed customer payments and reduced sales due to the pandemic[24]. - Total assets decreased by 14.97% to ¥717,818,372.94 from ¥844,205,647.28 at the end of the previous year[24]. - Basic earnings per share fell to -¥0.07, a decrease of 800% compared to ¥0.01 in the same period last year[23]. - The company's net assets attributable to shareholders decreased by 3.17% to ¥691,304,867.72 from ¥713,938,717.64 at the end of the previous year[22]. - The company reported a total revenue of ¥35,752,900, a decrease of 27.12% year-on-year, with a net loss attributable to shareholders of ¥488,320.00[99]. - The company reported a net profit for the first half of 2020 was a loss of CNY 4,883,229.92, compared to a profit of CNY 729,229.56 in the first half of 2019[168]. Research and Development - Research and development expenses accounted for 45.12% of operating revenue, an increase of 14.28 percentage points from 30.84% in the previous year[23]. - The company achieved a total R&D investment of approximately ¥16.13 million, accounting for 45.12% of its operating revenue[52]. - The company has developed core technologies including video middleware, complex network adaptation, and low-latency encoding and decoding[65]. - The company is conducting research on low-latency broadband video transmission technology over 5G networks, targeting a bitrate of over 40 Mbps[46]. - The company has developed a video codec that supports the latest H.265 international standard and the AVS2 national standard, providing real-time encoding and decoding capabilities[47]. - The company has invested CNY 9,376,354.50 in development expenditures, significantly up from CNY 3,150,989.56, indicating a focus on R&D[160]. Operational Challenges - The company has faced challenges in business expansion and project implementation due to the pandemic, leading to a reduction in orders and increased outsourcing[24]. - The company anticipates potential adverse impacts on future performance due to ongoing pandemic effects, which may affect business development and project implementation[99]. - The company relies heavily on military clients, which leads to a seasonal revenue pattern, with most contracts signed and executed in the second half of the year[85]. - The company faces risks related to high customer concentration in the military industry, which could significantly impact operations if there are changes in industry policies or customer demands[80]. - The company is at risk of relying on a single product, as video command and control products accounted for a significant portion of sales revenue[81]. Corporate Governance - The board of directors, supervisors, and senior management confirm the report's content is true, accurate, and complete[5]. - The report has not been audited, and the financial report is guaranteed to be true and complete by the responsible persons[5]. - The company does not have any special arrangements for corporate governance[9]. - There are no non-operational fund occupations by controlling shareholders or related parties[9]. - The company has not violated decision-making procedures for providing guarantees[10]. Market Position and Strategy - The company focuses on military-specific video command and control systems, emphasizing technological and product innovation in the audio-visual field[29]. - The military video command system supports multi-level meetings and cross-network capabilities, essential for modern military operations[29]. - The company has become a key supplier in the military video command field, with its products being integrated into the national defense command information system[38]. - The expected growth in national defense spending over the next 5-10 years will likely benefit the company as it continues to meet the evolving needs of military clients[34]. - The company has established long-term cooperative relationships with military departments, ensuring a steady supply of military products[70]. Shareholder and Stock Information - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[6]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing[103]. - The company will comply with relevant laws and regulations regarding share transfer restrictions and reductions[105]. - The company has a total share capital of 73,600,000 shares, with 76.90% being restricted shares and 23.10% being freely tradable shares[137]. - The top shareholder, Cheng Jiaming, holds 28,862,900 shares, representing 39.22% of the total shares[145]. Financial Position and Assets - As of the end of the reporting period, cash and cash equivalents amounted to ¥242,550,387.47, representing 33.79% of total assets, a significant increase of 578.66% compared to ¥35,739,511.88 in the same period last year[94]. - The company's total assets decreased to CNY 751,723,608.86 as of June 30, 2020, from CNY 873,309,341.71 at the end of 2019[165]. - The company's total current assets were CNY 693,601,311.46, down from CNY 825,605,650.02 in December 2019, reflecting a decline of approximately 16%[159]. - The company's total liabilities decreased to CNY 26,513,505.22 from CNY 130,266,929.64, a significant reduction of about 80%[161]. - The company's equity attributable to shareholders was CNY 691,304,867.72, down from CNY 713,938,717.64, a decrease of approximately 3%[161].

Financial Performance - The company's operating revenue for 2019 was CNY 200,371,609.02, representing a 1.13% increase from CNY 198,136,402.62 in 2018[21]. - The net profit attributable to shareholders for 2019 was CNY 51,888,322.23, a 22.92% increase compared to CNY 42,213,764.42 in 2018[21]. - The net cash flow from operating activities improved to CNY 37,766,011.89 in 2019, recovering from a negative CNY 2,914,730.40 in 2018[21]. - The total assets increased significantly to CNY 844,205,647.28 in 2019, up 188.93% from CNY 292,183,831.59 in 2018[21]. - The company's net assets attributable to shareholders reached CNY 713,938,717.64, a 240.20% increase from CNY 209,860,980.70 in 2018[21]. - Basic earnings per share for 2019 were CNY 0.94, an 18.99% increase from CNY 0.79 in 2018[22]. - The weighted average return on equity was 23.18% in 2019, a decrease of 1.32 percentage points from 24.50% in 2018[22]. - The company reported a government subsidy of CNY 730,132.92 in 2019, which is relevant to its operational activities[27]. Dividend Policy - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares, totaling approximately 18.4 million RMB, which represents 35.46% of the net profit attributable to shareholders for 2019[6]. - The company has not proposed any capital reserve transfer to increase share capital or bonus shares for the year 2019[6]. - The cash dividend distribution is subject to the approval of the shareholders' meeting[149]. - The company has a policy to distribute at least 10% of the distributable profit in cash if conditions are met[141]. - The company’s cash flow must support normal operations and sustainable development to implement cash dividends[139]. - The company’s profit distribution policy aims to maintain continuity and stability, with adjustments requiring shareholder approval[148]. Operational Efficiency and Strategy - The company is focused on enhancing its operational efficiency and reducing costs through innovative strategies and technologies[21]. - The company plans to continue expanding its market presence and investing in new technologies and products[21]. - The company has established a highly efficient sales and technical service team, adhering to a "four follow-up service" philosophy, ensuring rapid response and customized product support for military and civilian clients[33]. - The company is actively working to mitigate the impact of the COVID-19 pandemic on its operations, which may still pose challenges in the near term[87]. Research and Development - Research and development expenses accounted for 16.28% of operating revenue in 2019, up from 14.30% in 2018[22]. - The company has developed core technologies in audio and video information processing, including high-reliability middleware and ultra-low latency encoding and decoding technology, all of which are independently innovated[42][43]. - Total R&D investment reached approximately CNY 32.61 million, accounting for 16.28% of total revenue, reflecting a 15.07% increase from CNY 28.34 million in 2018[52][53]. - The company has a workforce of 200 R&D personnel, representing 47.51% of the total staff, emphasizing its commitment to research and development[52]. Market Position and Product Development - The company focuses on video command control systems for military applications, emphasizing technological innovation in audio-visual fields[30]. - The military product sales are the main revenue source, with a stable and enduring order flow due to the planned nature of military procurement[36]. - The company has achieved significant growth in military product sales, with its networked video command systems reaching advanced technical levels and increasing market share within the military sector[38]. - The company aims to expand its market presence through innovative products and technologies, enhancing its competitive edge in the military and video communication sectors[46]. Compliance and Governance - The audit report issued by Tianjian Accounting Firm confirms a standard unqualified opinion for the financial statements[5]. - The board of directors and senior management have confirmed the accuracy and completeness of the financial report[6]. - The company has not experienced any non-operational fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees[10]. - The company has not disclosed any special arrangements for corporate governance[8]. Risks and Challenges - The company faces risks related to high customer concentration in the military industry, which could significantly impact operations due to policy changes or shifts in specific user demands[80]. - The company is at risk of technological obsolescence if it fails to keep pace with new technology and product development in the audio-visual communication sector[78]. - The company's reliance on video command control products poses a risk, as any significant decline in sales or pricing could adversely affect revenue and profitability[81]. Social Responsibility - The company donated 1 million yuan to support frontline medical personnel during the COVID-19 pandemic[197]. - The company provided 5,000 disposable masks to a local government to assist communities in need[197].

Financial Performance - Operating revenue increased by 23.53% to CNY 2,100,848.15 year-on-year[5] - Net profit attributable to shareholders was a loss of CNY 13,075,208.82, an improvement of 9.99% compared to the previous year[5] - The weighted average return on net assets improved by 4.92 percentage points to -1.85%[5] - Basic and diluted earnings per share improved by 30.77% to -0.18 CNY per share[5] - Operating profit for Q1 2020 was CNY -12,085,698.82, an improvement from CNY -14,548,003.47 in Q1 2019[24] - The company reported a net loss of CNY 12,075,208.82 for Q1 2020, compared to a net loss of CNY 14,513,204.22 in Q1 2019[24] - Net profit for Q1 2020 was a loss of CNY 11,324,562.32, compared to a loss of CNY 11,456,398.11 in Q1 2019, indicating a marginal improvement[27] Assets and Liabilities - Total assets decreased by 7.65% to CNY 779,663,485.91 compared to the end of the previous year[5] - The total assets as of March 31, 2020, were CNY 779.66 million, compared to CNY 844.21 million at the end of 2019[17] - Total assets as of March 31, 2020, were CNY 812,211,165.53, down from CNY 873,309,341.71 at the end of 2019, a decrease of 7.0%[22] - The total liabilities decreased from CNY 129.39 million to CNY 77.64 million, indicating a reduction in financial obligations[17] - Total liabilities decreased to CNY 76,999,437.44 from CNY 127,097,741.30, a reduction of 39.2%[22] - Shareholders' equity as of March 31, 2020, was CNY 735,211,728.09, down from CNY 746,211,600.41, a decrease of 1.3%[22] Cash Flow - The net cash flow from operating activities was a negative CNY 11,630,310.05, worsening from a negative CNY 308,551.13 in the previous year[5] - Cash flow from operating activities for Q1 2020 was a net outflow of CNY 11,630,310.05, compared to a net outflow of CNY 308,551.13 in Q1 2019[30] - The company had a cash outflow of 40,897,392.88 RMB from operating activities in Q1 2020, compared to 62,068,762.42 RMB in Q1 2019, reflecting reduced operational costs but still resulting in negative cash flow[31] - Total cash outflow from investing activities in Q1 2020 was CNY 220,500,000.00, significantly higher than CNY 2,725,819.80 in Q1 2019[30] - Cash inflow from financing activities in Q1 2020 included CNY 10,000,000.00 from borrowings[30] - The net cash flow from financing activities was -30,078,058.33 RMB in Q1 2020, compared to -5,260,941.67 RMB in the same period last year, highlighting a worsening financing situation[32] Research and Development - Research and development expenses accounted for 367.48% of operating revenue, a decrease of 6.78 percentage points[5] - Research and development expenses for Q1 2020 amounted to CNY 4.29 million, a decrease of 32.55% compared to the same period last year, primarily due to the capitalization of certain project expenditures[13] - The company incurred research and development expenses of CNY 3,889,010.17 in Q1 2020, down from CNY 6,365,245.17 in Q1 2019[27] Shareholder Information - The total number of shareholders reached 6,108 at the end of the reporting period[10] - The largest shareholder, Cheng Jiaming, holds 39.22% of the shares, totaling 28,862,900 shares[11] Other Expenses - The company reported a non-operating loss of CNY 989,510.00 during the period[9] - The company reported an increase in other expenses by CNY 1 million, a significant rise of 7107.24% year-on-year, primarily due to donations made in response to the COVID-19 pandemic[13]