深圳市特发信息股份有限公司 2022 年第一季度报告全文 □ 是 √ 否 证券代码：000070 证券简称：特发信息 公告编号：2022-30 深圳市特发信息股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2. 公司法定代表人高天亮先生、主管会计工作负责人李增民先生及会计机构负责人(会计 主管人员)肖坚锋先生声明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 本报告期 上年同期 本报告期比上年同期增减 | --- | --- | --- | --- | |-----------------------------------------------------|-----------------|----------|------ ...

Financial Performance - Total revenue for Q3 2021 reached ¥856,281,837.22, an increase of 9.15% year-over-year, while year-to-date revenue was ¥3,151,769,457.10, up 28.70% compared to the same period last year[4] - Net profit attributable to shareholders was -¥35,586,714.78 for Q3 2021, a decrease of 242.39% year-over-year, and year-to-date net profit was -¥23,074,318.53, down 45.37% compared to the previous year[4] - The company’s operating profit decreased by 59.12% year-over-year, amounting to ¥6,991,176.12, attributed to low order prices and rising raw material costs[12] - Net profit for the period was reported at -¥12,373,932.87, compared to a profit of ¥9,502,856.04 in the previous year, indicating a significant decline[34] - The total comprehensive income attributable to the parent company was -¥23,379,929.44, compared to -¥16,813,851.65 in the previous period, indicating a decline[37] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥1,009,619,479.36 year-to-date, a decrease of 53.64% compared to the same period last year[4] - The company’s cash and cash equivalents decreased, impacting liquidity and operational flexibility[30] - Cash inflow from operating activities totaled ¥2,431,294,978.63, down from ¥2,842,141,390.86 in the previous period[41] - The net cash flow from financing activities was -¥927,684,816.95, a significant decrease from a positive cash flow of ¥2,442,857,730.99 in the previous period[41] - The cash outflow from operating activities was ¥3,440,914,457.99, down from ¥5,019,953,281.41 year-over-year[41] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥8,926,976,817.72, a decrease of 15.94% from the end of the previous year[6] - The company's total assets decreased to ¥8,926,976,817.72 from ¥10,619,606,224.59, a reduction of approximately 15.9%[30] - Total liabilities decreased to ¥5,417,129,255.40 from ¥7,107,594,039.19, representing a decline of about 23.8%[30] - The company’s total liabilities decreased by 45.80% for short-term borrowings, amounting to ¥1,540,054,231.06[12] - Non-current liabilities increased to ¥1,525,952,014.61 from ¥1,159,653,867.74, marking a rise of approximately 31.6%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 64,382[15] - The largest shareholder, Shenzhen Special Economic Zone Group Co., Ltd., holds 35.68% of shares, totaling 294,818,846 shares[15] Investments and Equity - The company reported a 278.40% increase in investment income, totaling ¥36,828,582.47, primarily due to increased financial management income[12] - The company reported an investment income of ¥36,828,582.47, significantly higher than ¥9,732,630.45 from the previous year, reflecting a growth of 278.5%[34] - The company reported a significant increase in long-term equity investments by 51.08%, totaling ¥94,685,052.64, due to the transfer of equity stakes[12] - The company's equity attributable to shareholders increased by 0.83% year-over-year, reaching ¥2,993,916,690.52[6] Operational Metrics - Total operating costs amounted to ¥3,209,751,349.89, up from ¥2,465,070,884.00, reflecting a year-over-year increase of 30.1%[31] - Research and development expenses for the quarter were ¥154,441,759.91, slightly up from ¥152,838,848.79, indicating a year-over-year increase of 1.1%[34] - Accounts receivable increased to approximately RMB 2.77 billion, up from RMB 2.19 billion, reflecting a growth of about 26.5%[24] - Inventory decreased to approximately RMB 1.86 billion, down from RMB 2.22 billion, indicating a decline of about 16.4%[24] Corporate Actions - The company established a fund with a total subscription amount of RMB 100 million, with the company contributing RMB 10 million, representing 10% of the total[19] - The company issued bonds totaling RMB 700 million, with RMB 300 million for a 3-year term and RMB 400 million for a 5-year term[20] - The company’s subsidiary acquired land and buildings from Jiangsu Sugdas Aluminum Alloy Technology Co., Ltd. through auction[20] - The company completed the election of the new board of directors and supervisory board during the reporting period[18] Other Financial Metrics - The company's cash and cash equivalents as of September 30, 2021, were approximately RMB 709.39 million, down from RMB 3.01 billion at the end of 2020, representing a decrease of about 76.4%[24] - Cash and cash equivalents at the end of the period were ¥671,706,757.36, down from ¥804,333,914.74 at the end of the previous period[41] - The company reported a basic and diluted earnings per share of -¥0.0280, compared to -¥0.0194 in the previous period[37] - The company did not adjust the initial balance sheet items due to the new leasing standards, indicating no impact on the financial position[42]

Business Expansion and Development - The company reported a significant expansion in its main business areas, including optical fiber and cable production, smart access industry, military information technology, and smart service industry[22]. - The company achieved a 70% stake in Sichuan Huatuo, extending its reach in the optical module production and sales sector[22]. - The company is focusing on expanding its business in the "new infrastructure" and smart city sectors, leveraging technologies such as 5G, big data, cloud computing, and artificial intelligence[39]. - The company has expanded its product offerings to include fire electronic products, security systems, and energy-saving technology services[22]. - The company is transitioning from a "product provider" to a "comprehensive product, solution, and implementation service provider" in response to new infrastructure opportunities[65]. - The company is actively expanding its overseas market presence, with plans to establish factories in countries like Vietnam and India[61]. - The company has established a joint venture with Shenzhen Sanqi Technology Co., Ltd. to promote military information technology R&D projects and expand new markets[44]. - The company launched new products such as the automatic optical switching system and micro data center, which are now in the market promotion phase[70]. Financial Performance - The company's operating revenue for 2020 was ¥4,722,428,257.52, representing a year-on-year increase of 1.43% compared to ¥4,655,911,057.79 in 2019[26]. - The net profit attributable to shareholders for 2020 was ¥11,445,456.46, a significant decrease of 96.46% from ¥323,176,298.40 in 2019[26]. - The net profit after deducting non-recurring gains and losses was -¥55,764,181.49 in 2020, compared to ¥78,321,501.26 in 2019, marking a decline of 171.20%[26]. - The company's total assets increased by 39.30% to ¥10,619,606,224.59 at the end of 2020, up from ¥7,623,760,794.35 at the end of 2019[26]. - The company reported a significant increase in total assets and net assets, with net assets reaching ¥2,969,191,086.82 at the end of 2020, up 1.90% from ¥2,913,835,019.93 in 2019[26]. - The total profit for the company was 124 million yuan, a decrease of 272 million yuan or 68.75% compared to the previous year[66]. - The net profit was 58 million yuan, down by 288 million yuan or 83.16% year-on-year[66]. - The company reported a significant loss in asset impairment of -191,055,872.56 yuan, primarily due to inventory write-downs[114]. Cash Flow and Investments - The net cash flow from operating activities for 2020 was ¥64,751,953.26, a turnaround from -¥254,983,835.20 in 2019, indicating a 125.39% improvement[26]. - The company's financing activities generated a net cash flow of 2,245,955,556.30 CNY, a significant increase of 1,393.88% from 150,343,921.69 CNY in the previous year[111]. - The total investment amount for the reporting period was 192,186,183.60 yuan, a 107.99% increase compared to the previous year[120]. - The company raised 550 million yuan through convertible bonds to support the construction of smart city projects and daily operations[74]. - The company utilized 15,539.63 thousand yuan of raised funds in the current year, with a cumulative usage of 241,355.28 thousand yuan by the end of 2020, leaving a balance of 180,281.83 thousand yuan in the special account for raised funds[135]. Research and Development - The company has established a comprehensive technology innovation platform with 1 national-level enterprise technology center and multiple provincial and municipal technology centers[58]. - The company holds a total of 445 patents, including 75 invention patents, reflecting its strong commitment to R&D[58]. - The company added 77 new patents in 2020, bringing the total to 445, including 75 invention patents[78]. - Research and development expenses amounted to 224,230,685.07 CNY, a decrease of 10.60% from 250,827,590.41 CNY in the previous year[106]. - The company’s R&D investment accounted for 5.55% of total revenue, up from 5.39% in 2019[110]. Market Position and Challenges - The company maintained its market share in the optical fiber and cable industry while expanding into access networks, optical modules, and military markets[65]. - The company faced significant challenges due to the pandemic, including supply chain disruptions and increased logistics costs, but managed to maintain production and meet key customer demands[66]. - The company is addressing the risk of declining prices in the optical fiber and cable market by optimizing supply chain management and expanding into overseas markets[166]. - The company is facing risks from macroeconomic conditions, including international trade tensions and technology export restrictions, which may impact future operations[165]. Profit Distribution and Shareholder Engagement - The company did not distribute cash dividends or issue bonus shares for the reporting period[7]. - The company plans to not distribute cash dividends, issue bonus shares, or increase capital using capital reserves for the 2020 fiscal year, with undistributed profits carried forward to the next year[179]. - The company has maintained a transparent decision-making process regarding profit distribution, ensuring the protection of minority shareholders' rights[176]. - The company has been actively engaging with investors regarding its convertible bond issuance progress throughout 2020[171]. - The company approved the extension of the completion date for three fundraising investment projects to December 31, 2021, without changing the total investment amount or implementation content[139].

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,529,962,843.50, representing a 138.17% increase compared to the same period last year[8]. - The net profit attributable to shareholders was ¥11,533,549.29, a significant turnaround from a loss of ¥66,474,093.97 in the previous year, marking a 117.35% increase[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,527,353.30, compared to a loss of ¥70,797,709.82 last year, reflecting a 107.81% improvement[8]. - Basic earnings per share increased to ¥0.0141 from -¥0.0815, representing a 117.30% improvement[8]. - The company's total profit increased by 119.18% to CNY 13,349,534.15, driven by the significant rise in operating revenue[25]. - The net profit for the current period was CNY 5,914,317.19, a recovery from a net loss of CNY 70,627,024.05 in the previous period[135]. - The total profit for the period was CNY 83,823,222.46, up from CNY 3,215,932.25 in the previous year, marking an increase of about 2,604%[139]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥365,289,132.97, which is a 33.56% decrease from -¥273,496,195.18 in the same period last year[8]. - The company's cash and cash equivalents decreased by 27.59% to CNY 2,176,251,910.06, primarily due to the repayment of short-term loans and matured notes[23]. - The company's operating cash flow for Q1 2021 showed a net outflow of CNY -365,289,132.97, compared to CNY -273,496,195.18 in Q1 2020[146]. - The ending cash and cash equivalents balance was CNY 1,917,665,769.90, down from CNY 2,442,628,101.68 at the beginning of the period, reflecting a decrease of approximately 21.4%[153]. - The company reported a significant increase in cash outflow related to operating activities, which may impact future liquidity and operational flexibility[150]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,378,797,412.00, down 11.68% from ¥10,619,606,224.59 at the end of the previous year[8]. - Total current assets decreased to CNY 6,970,921,338.10 from CNY 8,291,539,530.05 as of December 31, 2020, representing a decline of approximately 15.9%[110]. - Total liabilities decreased to CNY 5,846,861,950.13 from CNY 7,107,594,039.19, reflecting a decrease of approximately 17.7%[116]. - Total equity attributable to shareholders increased to CNY 3,028,935,269.91 from CNY 2,969,191,086.82, an increase of about 2.0%[119]. - Total current liabilities decreased to CNY 4,640,659,351.34 from CNY 5,947,940,171.45, a reduction of about 22.0%[116]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,327[13]. - The largest shareholder, Shenzhen Tefa Group Co., Ltd., held 35.68% of the shares, totaling 294,818,846 shares[13]. Investments and Projects - The company has initiated the construction of a data center project in Xi'an with a total investment of CNY 140 million, in collaboration with Xi'an Qianxi Cloud Data Technology Co., Ltd.[33]. - The company completed the transfer of 20.4% equity in TeFa TaiKe to Beijing Hongshan Information Technology Research Institute, enhancing its strategic resources[33]. - The company plans to focus on expanding its smart city intelligent systems business while continuing its core broadband communication terminal products[30]. - The company has entered the bond market with the issuance of CNY 100 million in corporate bonds, which began trading on April 8, 2021[30]. Research and Development - Research and development expenses for the current period were CNY 45,269,668.26, compared to CNY 39,569,716.85 in the previous period, reflecting a focus on innovation[131]. - Research and development expenses increased to CNY 9,775,918.73 from CNY 6,705,179.85, reflecting a growth of approximately 45% year-over-year[139]. Wealth Management Strategies - The company has initiated high-risk entrusted financial management, with a total amount of RMB 159,400,000.00 and an outstanding balance of RMB 116,900,000.00[52]. - The company has invested in bank financial products with guaranteed returns, achieving annualized yields of 3.85% and 3.90%[52]. - The banks are actively managing idle funds to optimize returns through wealth management products[64]. - The average guaranteed return across the reported wealth management products is approximately 3.30%[94][97]. Performance Commitments - The net profit of TeFa Dongzhi for 2018 was confirmed at ¥70,273,707.58, meeting the performance commitment for that year[37]. - The net profit for TeFa Dongzhi in 2019 was ¥20,512,781.40, which did not meet the performance commitment of at least ¥58,600,000[37]. - The net profit for TeFa Dongzhi in 2020 was -¥361,081,296.86, failing to meet the performance commitment[37]. - As of March 31, 2021, Chen Chuanrong has paid a total of ¥120 million in performance compensation, with ¥70 million still outstanding[37].

Business Expansion and Development - The company reported a significant expansion in its main business areas, including the production and sales of online monitoring systems, optical fiber sensing systems, and smart terminal products[22]. - In 2020, the company issued convertible bonds to raise funds for the "Smart City Development Base Construction Project" under its data technology subsidiary, expanding its business into the smart services sector[22]. - The company’s main business now includes optical fiber and cable, smart access, military information technology, and smart services[22]. - The company acquired a 70% stake in Sichuan Huatuo, enhancing its capabilities in optical module production and sales within the smart access industry[22]. - The company is focusing on expanding its business in the "new infrastructure" and smart city sectors, leveraging technologies such as 5G, big data, cloud computing, and artificial intelligence[39]. - The company established a joint venture with Shenzhen Sanqi Technology Co., Ltd. to promote military information technology R&D projects and expand new markets[44]. - The company is actively expanding its overseas market presence, with plans to establish factories in Vietnam and India[61]. - The company is transitioning from a "product provider" to a "comprehensive product, solution, and implementation service provider" in new infrastructure construction[65]. Financial Performance - The company's operating revenue for 2020 was ¥4,722,428,257.52, representing a year-on-year increase of 1.43% compared to ¥4,655,911,057.79 in 2019[26]. - The net profit attributable to shareholders for 2020 was ¥11,445,456.46, a significant decrease of 96.46% from ¥323,176,298.40 in 2019[26]. - The net profit after deducting non-recurring gains and losses was -¥55,764,181.49, compared to ¥78,321,501.26 in 2019, marking a decline of 171.20%[26]. - The company's total assets increased by 39.30% year-on-year, reaching ¥10,619,606,224.59 at the end of 2020, up from ¥7,623,760,794.35 at the end of 2019[26]. - The company reported a net cash flow from operating activities of ¥64,751,953.26 in 2020, a turnaround from -¥254,983,835.20 in 2019, reflecting a 125.39% improvement[26]. - The total profit for the company was 124 million yuan, a decrease of 272 million yuan or 68.75% year-on-year[66]. - The net profit was 58 million yuan, down by 288 million yuan or 83.16% year-on-year[66]. - The net profit attributable to the parent company was 11 million yuan, a decrease of 312 million yuan or 96.46% year-on-year[66]. Market and Industry Insights - The fiber optic cable industry has established production bases in multiple locations, including Shenzhen and Chongqing, with a significant scale of operations in the South China region[40]. - The company maintained its market share in the traditional optical fiber and cable market while expanding into access networks, optical modules, and military markets[65]. - The company achieved significant sales growth in the overseas market, particularly with Google, and successfully entered the supplier lists of telecom companies in Israel, UAE, and Australia[70]. - The company ranked first in the total bid amount for the South Grid's annual framework, and also secured multiple bids from the State Grid, indicating strong performance in the power market[69]. - The access network-related business saw a substantial increase in performance, with year-on-year growth exceeding 30%, reaching a historical high[69]. Research and Development - The company has a total of 445 patents, including 75 invention patents, reflecting its strong commitment to R&D[58]. - The company has made significant progress in new product development, including a data link system for ground control stations that has completed prototype testing[51]. - The company launched new products, including an automatic optical switching system and micro data centers, which are now in the market promotion phase[70]. - The company plans to establish a 100G/400G high-speed optical device packaging production line in 2021 to enhance production capacity for high-end optical devices[160]. Risk Management and Challenges - The company emphasized the importance of risk management and outlined potential risks and mitigation strategies in its future development outlook[6]. - The company faces risks from the macroeconomic environment, including international trade tensions and the ongoing global pandemic, which may impact market expectations and operational stability[165]. - The fiber optic cable industry is experiencing price declines due to overcapacity, leading to challenges in maintaining profitability despite increased demand from 5G construction[165]. - The company is addressing raw material supply instability and price increases by enhancing communication with suppliers and seeking new procurement channels[166]. Shareholder and Dividend Information - The company did not declare any cash dividends, stock bonuses, or capital increases from reserves for the year[7]. - The company plans to not distribute cash dividends, issue bonus shares, or increase capital from capital reserves for the 2020 fiscal year, with undistributed profits carried forward to the next year[179]. - The total distributable profits for the parent company as of December 31, 2020, amounted to CNY 671,101,319.40[179]. - The company has not made any adjustments to its cash dividend policy during the reporting period[176]. - The company’s board of directors has ensured that the profit distribution plan complies with relevant regulations and has been approved by the shareholders' meeting[176]. Investment and Fundraising Activities - The company raised 550 million yuan through convertible bonds to support the construction of smart city projects and daily operations[74]. - The total amount of raised funds from the issuance of convertible bonds in 2020 was 550,000 thousand yuan, with a net amount of 544,979.25 thousand yuan after deducting expenses[135]. - The company utilized 15,539.63 thousand yuan of raised funds in the current year, with a cumulative usage of 241,355.28 thousand yuan as of December 31, 2020[135]. - The company has ongoing performance commitments with Sichuan Huatuo, requiring net profits of 1,200 million CNY, 1,440 million CNY, and 1,728 million CNY for the years 2019, 2020, and 2021 respectively[189].

Financial Performance - Operating revenue for the period was CNY 784,519,888.24, a decrease of 14.32% year-on-year, and year-to-date revenue decreased by 19.68% to CNY 2,448,948,769.09[8] - Net profit attributable to shareholders was CNY 24,993,139.77, down 11.05% compared to the same period last year, with a year-to-date decrease of 116.69% to CNY -15,872,365.37[8] - Basic earnings per share decreased by 11.53% to CNY 0.0307, with diluted earnings per share also at CNY 0.0307[8] - Total revenue decreased by 20.59% to CNY 2,030,769,383.14, mainly due to the impact of COVID-19 on business operations[27] - Net profit attributable to shareholders dropped by 116.69% to CNY -15,872,365.37, reflecting a significant decline in total profit[27] - The company reported a net profit of 1,000,161,155.59 in retained earnings, down from 1,072,371,799.68[85] - Net profit for the current period was 33,739,140.84, down from 34,352,869.52 in the previous period, indicating a decline of about 1.8%[101] - The net profit attributable to the parent company was 24,993,139.77, compared to 28,097,147.87 in the previous period, a decrease of approximately 11.1%[101] - The total profit for the current period is ¥10,231,967.48, down from ¥121,270,089.67, reflecting a decrease of about 91.6%[112] Cash Flow - The net cash flow from operating activities was CNY -1,679,705,605.47, a significant decrease of 5,543.45% compared to the previous year[8] - Cash flow from operating activities showed a net outflow of CNY -2,177,811,890.55, a decrease of 297.47% compared to the previous year[27] - The net cash flow from operating activities was -2,043,528,921.63 yuan, compared to -351,217,926.06 yuan in the previous period[130] - Total cash inflow from operating activities was 1,799,616,813.61 yuan, up from 1,253,289,114.89 yuan year-on-year[130] - Cash outflow for purchasing goods and services was 2,785,699,324.63 yuan, significantly higher than 965,696,455.31 yuan in the same period last year[130] - The net cash flow from financing activities was 2,442,857,730.99 yuan, up from 188,860,048.56 yuan year-on-year[126] Assets and Liabilities - Total assets increased by 27.52% to CNY 9,722,112,545.70 compared to the end of the previous year[8] - Total liabilities amount to 6,262,568,341.43, up from 4,201,807,992.75, reflecting a significant increase[85] - Total current liabilities of CNY 4,854,000,000, which includes accounts payable of CNY 922,239,935.40[79] - Total assets reached CNY 7,623,760,794.35 as of January 1, 2020[142] - Current liabilities reached approximately 2.22 billion, including short-term borrowings of 705 million and accounts payable of 450.87 million[146] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 56,881[12] - The largest shareholder, Shenzhen TeFa Group Co., Ltd., held 36.11% of the shares, totaling 294,818,846 shares[13] Government Support and Subsidies - The company received government subsidies amounting to CNY 37,146,553.39 during the reporting period[8] Investment and Projects - The company plans to introduce strategic investors by transferring 20.4% equity in TeFa Technology, reducing its stake from 51.0% to 30.6%[31] - The Smart City Innovation Base project is on track for completion in Q4 2020[28] - The company is actively pursuing market expansion through joint ventures, including a project in India and an investment project in Vietnam[34] - The company is expanding its production capacity and upgrading its production lines for TeFa optical fibers[32] Research and Development - The company is focused on enhancing its technological capabilities through new product development and research initiatives[32] - Research and development expenses increased from 25,340,412.37 to 20,069,229.05, a reduction of about 20.9%[105] Financial Management - The company has consistently focused on structured products with guaranteed returns for its self-owned funds[2] - The company plans to implement bank wealth management for temporarily idle funds based on actual usage[2] - The company engaged in multiple investor communications regarding its convertible bond issuance and operational updates throughout the reporting period[72] Market Conditions and Risks - The company reported a significant impact on its performance due to the COVID-19 pandemic, affecting production capacity[22] - The company is closely monitoring market conditions to mitigate risks associated with raw material price fluctuations due to the COVID-19 pandemic[41]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 1.66 billion, a decrease of 21.98% compared to the same period last year[35]. - The net profit attributable to shareholders of the listed company was approximately CNY -40.87 million, representing a decline of 160.99% year-on-year[35]. - The net cash flow from operating activities was approximately CNY -498.11 million, a decrease of 13.94% compared to the previous year[35]. - The basic earnings per share for the reporting period was CNY -0.0501, a decrease of 156.80% year-on-year[35]. - The diluted earnings per share for the reporting period was also CNY -0.0501, reflecting the same percentage decline[35]. - The total profit was -28 million yuan, a decrease of 111 million yuan year-on-year, reflecting a decline of 133.20%[67]. - The net profit attributable to the parent company was -41 million yuan, down 108 million yuan year-on-year, a decrease of 160.99%[67]. - The company reported a net profit excluding non-recurring gains and losses of approximately CNY -61.78 million, a decline of 238.81% year-on-year[35]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 8.12 billion, an increase of 6.48% from the end of the previous year[35]. - The net assets attributable to shareholders of the listed company were approximately CNY 2.82 billion, a decrease of 3.11% compared to the end of the previous year[35]. - The company's cash and cash equivalents increased to CNY 827,806,253.45, representing 10.20% of total assets, up from 9.12% in the previous year[90]. - Short-term borrowings increased to CNY 2,147,550,000.00, accounting for 26.45% of total liabilities, up from 19.59% in the previous year[90]. - The company's inventory stood at CNY 1,745,653,017.42, representing 21.50% of total assets, down from 24.70% in the previous year[90]. Operational Developments - The company has established production bases in multiple locations, including Shenzhen, Dongguan, and Chongqing, covering over 270,000 square meters[45]. - The company is actively expanding its overseas market presence, with projects initiated in Southeast Asia[45]. - The company has increased its construction in progress by 24.36%, mainly due to investments in the smart city project[51]. - The company is actively developing new products and exploring new fields, with a focus on enhancing the competitiveness of its access equipment industry[58]. - The company is transitioning from a single product provider to a comprehensive provider of products, solutions, and implementation services[66]. Market and Industry Position - The company maintained its position as a mainstream supplier for major domestic operators, including China Mobile, China Telecom, and China Unicom, while expanding into new markets such as 5G and data centers[61]. - The company has been recognized as one of the top 10 most competitive enterprises in China's optical communication sector for several consecutive years[54]. - The smart access industry is focusing on providing integrated solutions for home smart terminals and user-end optical and electrical equipment[47]. - The military information technology sector is developing advanced equipment for various military branches, including satellite communication systems[50]. Challenges and Risks - The company faced substantial impacts from the COVID-19 pandemic, affecting production, supply chain, and customer orders, leading to a significant drop in revenue and profit[111]. - The company anticipates potential losses or significant fluctuations in net profit for the upcoming reporting period due to ongoing economic uncertainties[112]. - The company faces risks of price declines in fiber optic cable products due to oversupply and intense market competition, despite an increase in procurement scale by China Mobile in June 2020[115]. - The company is experiencing instability in raw material supply and rising prices due to the ongoing pandemic, leading to negative impacts on production capacity and cost control[115]. Financial Management and Investments - The company has implemented financial management for temporarily idle funds, with various structured products yielding between 3.00% and 3.70%[164]. - The company has significantly increased orders for its optical network technology products during the reporting period[71]. - The company issued 5.5 million convertible bonds, raising funds for the smart city project, which is currently under implementation[75]. - The company has not engaged in any securities investments during the reporting period[104]. Shareholder Information - The largest shareholder, Shenzhen Tefa Group Co., Ltd., holds 36.11% of the shares, totaling 294,818,846 shares[191]. - The total number of shares increased from 815,002,299 to 816,500,162 due to the conversion of convertible bonds, resulting in an increase of 1,497,863 shares[184]. - The company plans to lift restrictions on 11,665,908 shares held by Chen Chuanrong on May 18, 2020, and similar plans for other shareholders[187]. - The company has not reported any share buyback progress during the reporting period[185].

Financial Performance - The company's operating revenue for Q1 2020 was ¥642,380,349.51, a decrease of 48.50% compared to ¥1,247,237,548.58 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥66,474,093.97, representing a decline of 282.00% from a profit of ¥36,523,724.04 in the previous year[8] - The total profit decreased by 248.54% to -69,585,964.32 compared to 46,845,441.01 in the previous period, primarily due to the impact of the pandemic on revenue[21] - Net profit fell by 275.57% to -70,627,024.05 from 40,227,949.01, reflecting significant revenue decline due to COVID-19[21] - Basic and diluted earnings per share for the current period are both CNY -0.0815, compared to CNY 0.0583 in the previous period[72] - Total operating revenue for the current period is CNY 642,380,349.51, a decrease of approximately 48.6% compared to CNY 1,247,237,548.58 in the previous period[65] - Net profit for the current period is a loss of CNY 70,627,024.05, compared to a profit of CNY 40,227,949.01 in the previous period, indicating a significant decline[68] - Total comprehensive income for Q1 2020 was approximately ¥2.81 million, down 83.4% from ¥16.91 million in Q1 2019[79] Cash Flow - The net cash flow from operating activities was -¥273,496,195.18, an improvement of 21.05% compared to -¥346,415,248.83 in the same period last year[8] - The net cash flow from operating activities improved by 21.05% to -273,496,195.18 from -346,415,248.83, mainly due to reduced salary expenses and tax payments[25] - Cash flow from operating activities showed a net outflow of approximately ¥273.50 million, an improvement from a net outflow of ¥346.42 million in Q1 2019[83] - Cash inflow from investment activities totaled 50,082,722.02 yuan, down from 306,586,803.28 yuan in the previous period, reflecting a significant decline in investment returns[87] - Cash inflow from financing activities was 478,000,000.00 yuan, an increase from 427,518,550.56 yuan in the previous period, showing strong financing support[90] - Net cash flow from financing activities increased to 119,173,031.07 yuan compared to 95,936,190.45 yuan in the previous period, indicating better capital management[90] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,606,728,742.47, a slight decrease of 0.22% from ¥7,623,760,794.35 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.06% to ¥2,853,901,954.16 from ¥2,913,835,019.93 at the end of the previous year[8] - Total liabilities as of March 31, 2020, were approximately CNY 4.25 billion, an increase of 1.03% from CNY 4.20 billion[55] - The company's total assets decreased to approximately CNY 7.61 billion from CNY 7.62 billion, a decline of 1.36%[58] - The equity attributable to shareholders decreased to approximately CNY 2.85 billion from CNY 2.91 billion, a decrease of 2.06%[58] Investments and Projects - The company is progressing with the optical fiber expansion project, with equipment installation nearing completion, although design changes are required for the new ventilation system[26] - The establishment of a joint venture in India is in the design phase, but progress is hindered by the pandemic affecting normal operations[26] - The Vietnam investment project has completed the first phase of site renovation, but equipment installation is delayed due to personnel restrictions caused by the pandemic[26] - The company reported a total of 6,100 million yuan in entrusted financial management, with no overdue amounts[33] - The derivative investment in aluminum futures amounted to an initial investment of 498.31 million yuan, with a current investment value of 485.47 million yuan, representing 0.14% of the company's net assets[40] Operational Efficiency - The company reported a significant increase of 99.60% in prepayments, amounting to ¥389,942,495.95, primarily due to increased material stockpiling influenced by the COVID-19 pandemic[20] - The company's cash and cash equivalents decreased to approximately CNY 604.36 million from CNY 834.67 million, representing a decline of 27.5%[49] - Accounts receivable decreased to approximately CNY 2.42 billion, down 3.58% from CNY 2.51 billion[49] - Inventory increased to approximately CNY 1.65 billion, up 6.43% from CNY 1.56 billion[49] - Cash outflow for purchasing goods and services was 291,478,486.18 yuan, significantly lower than 657,817,361.01 yuan in the previous period, indicating reduced operational expenses[87] Regulatory and Compliance - The company received feedback from the China Securities Regulatory Commission regarding its convertible bond project, and has responded to the inquiries as required[26] - There were no violations of external guarantees during the reporting period[44] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[45] - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[91] Research and Development - Research and development expenses for the current period are CNY 39,569,716.85, down from CNY 56,893,135.26, indicating a reduction of approximately 30.5%[68] - Research and development expenses for Q1 2020 were approximately ¥6.71 million, a decrease of 20.9% from ¥8.47 million in the previous year[76]

深圳市特发信息股份有限公司 2019 年年度报告全文 深圳市特发信息股份有限公司 2019 年年度报告 2020 年 04 月 1 深圳市特发信息股份有限公司 2019 年年度报告全文 金转增股本。 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 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。 公司负责人蒋勤俭先生、主管会计工作负责人李增民先生及会计机构负责 人(会计主管人员)徐波先生声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度报告涉及未来计划、发展战略等前瞻性陈述，不构成公司对投资者 的实质承诺，请投资者注意投资风险。 公司在本报告第四节"经营情况讨论与分析"中"九、公司未来发展的展望" 部分，详细描述了公司经营中可能存在的风险及应对措施，敬请投资者关注相 关内容。 公司经本次董事会审议通过的利润分配预案为：以 815,002,299 为基数，向 全体股东每 10 股派发现金红利 0.69 元（含税），送红股 0 股（含税），不以公积 2 深圳市特发信息股份有限公司 ...

Financial Performance - Net profit attributable to shareholders decreased by 57.90% to CNY 28,097,147.87 for the reporting period[8]. - Operating revenue for the reporting period was CNY 915,660,209.86, a decrease of 37.72% year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 28,520,968.13, down 53.36% compared to the same period last year[8]. - Basic earnings per share decreased by 67.39% to CNY 0.0347[8]. - The company reported a significant increase in long-term equity investments from ¥1,635,775,459.34 to ¥1,654,034,967.97, an increase of approximately 1.1%[74]. - The company reported a total liability of CNY 4,792,123,666.13, with current liabilities at CNY 4,274,508,756.86 and non-current liabilities at CNY 517,614,909.27[127]. - Total operating revenue for the current period is CNY 915,660,209.86, down 37.7% from CNY 1,470,204,966.01 in the previous period[80]. - Total operating costs for the current period are CNY 873,934,162.15, a decrease of 37.4% compared to CNY 1,393,112,355.25 in the previous period[80]. - Net profit for the current period is CNY 34,352,869.52, down 53.6% from CNY 74,094,243.35 in the previous period[83]. - The company’s total comprehensive income for the current period is CNY 34,555,819.70, down from CNY 74,137,193.99 in the previous period[86]. Assets and Liabilities - Total assets decreased by 5.73% to CNY 7,120,259,344.43 compared to the end of the previous year[8]. - The total current assets decreased to ¥5,245,079,534.27 from ¥5,645,294,930.41, marking a decline of around 7.1%[61]. - Total liabilities decreased from ¥4,792,123,666.13 to ¥3,962,288,243.67, a reduction of about 17.3%[67]. - Current liabilities decreased from ¥4,274,508,756.86 to ¥3,728,362,987.80, a reduction of approximately 12.8%[67]. - Total equity increased from ¥2,760,960,726.91 to ¥3,157,971,100.76, an increase of approximately 14.4%[70]. - The company holds long-term equity investments valued at CNY 83,301,783.30, indicating strategic investments in other entities[120]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 547,921,795.01, an increase of 44.41% compared to the same period last year[8]. - The net cash flow from operating activities improved by 44.41%, from a negative CNY 985,710,214.30 to a negative CNY 547,921,795.01, mainly due to reduced procurement expenditures[24]. - Cash inflow from operating activities totaled ¥3,740,175,801.06, an increase from ¥3,682,529,928.16 in the previous period[106]. - The cash flow from financing activities showed a net outflow of $2.28 million, contrasting with a net inflow of $523.54 million in the previous period[116]. Investments and Subsidiaries - The company is in the process of expanding production capacity for optical fibers, with equipment installation completed and currently in the debugging phase[26]. - The company has successfully introduced strategic investor Shanghai Huifan Network Technology Co., Ltd. through public listing and capital increase[29]. - The company is advancing its investment project in Vietnam, having completed domestic ODI approval and is now seeking investment approval from the Vietnamese embassy in China[29]. - The company has invested a total of 39,395,000 CNY in bank wealth management products, with no overdue amounts reported[33]. Government Subsidies - Government subsidies recognized in the current period amounted to CNY 28,003,425.80[11]. - The company received government subsidies amounting to CNY 29,078,141.99, an increase of 50.19% compared to CNY 19,360,486.67 in the previous year[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 94,720[12]. - The company reported a capital reserve of $739,583,632.80[137]. Research and Development - Research and development expenses for the current period are CNY 48,194,702.87, down from CNY 56,906,536.89 in the previous period[82]. - Research and development expenses increased to ¥154,089,179.59 from ¥173,326,810.82, reflecting a decrease of 11.09%[94].