华数传媒控股股份有限公司 2018 年第三季度报告正文 证券代码：000156 证券简称：华数传媒 公告编号：2018-082 华数传媒控股股份有限公司 2018 年第三季度报告正文 2018 年 10 月 1 华数传媒控股股份有限公司 2018 年第三季度报告正文 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陆政品、主管会计工作负责人何刚及会计机构负责人（会计主 管人员）曾春辉声明：保证季度报告中财务报表的真实、准确、完整。 2 华数传媒控股股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 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 □是 √否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 14,569,216,910.86 | | 14,420,294,193.30 | 1 ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,560,571,184.71, representing a 4.21% increase compared to CNY 1,497,499,537.25 in the same period last year[14]. - The net profit attributable to shareholders of the listed company was CNY 316,916,947.21, up by 2.97% from CNY 307,788,213.79 year-on-year[14]. - The net profit after deducting non-recurring gains and losses decreased by 9.96% to CNY 256,735,446.93 from CNY 285,124,124.69 in the previous year[14]. - The net cash flow from operating activities increased by 23.45% to CNY 411,489,268.75, compared to CNY 333,333,833.52 in the same period last year[14]. - The total assets at the end of the reporting period were CNY 14,625,934,239.19, reflecting a 1.43% increase from CNY 14,420,294,193.30 at the end of the previous year[14]. - The net assets attributable to shareholders of the listed company slightly decreased by 0.07% to CNY 10,369,146,899.16 from CNY 10,376,877,141.53 at the end of the previous year[14]. - The basic earnings per share for the first half of 2018 was CNY 0.2211, an increase of 2.98% compared to CNY 0.2147 in the same period last year[14]. - The weighted average return on net assets was 3.02%, slightly up from 3.00% in the previous year[14]. - Operating costs increased by 11.51% to CNY 928,758,732.44, resulting in a gross margin of 40.49%, down from the previous year[44]. - The company reported a significant increase in income tax expenses, up 167.04% to CNY 1,128,101.95, due to an increase in taxable income[42]. Investments and Assets - The company introduced Yunxi Investment as a strategic investor through a private placement, becoming the second-largest shareholder, which is significant for enhancing capital strength and optimizing governance structure[37]. - The company made no investments during the reporting period, a decrease of 100% compared to CNY 60,000,000.00 in the same period last year[50]. - The company's long-term equity investments were valued at CNY 781,122,436.83, a slight decrease of 0.22% from the previous year[46]. - The company’s revenue from broadband and data communication services increased by 5.13% to CNY 353,558,398.49[44]. - The company has established a significant presence in the internet television integration system market, focusing on middleware design and development[78]. Subsidiaries and Shareholder Information - The registered capital of Huashu Media Network Co., Ltd. is 150 million yuan[58]. - The registered capital of Hangzhou Fuyang Huashu Digital Television Co., Ltd. is 30 million yuan[59]. - The registered capital of Hangzhou Xiaoshan Huashu Digital Television Co., Ltd. is approximately 108.91 million yuan[60]. - The registered capital of Hangzhou Huashu Media Television Network Co., Ltd. is 1 billion yuan[62]. - The registered capital of Jiande Huashu Digital Television Co., Ltd. is approximately 487.12 million yuan[64]. - The registered capital of Chun'an Huashu Digital Television Co., Ltd. is approximately 43.92 million yuan[66]. - The registered capital of Lin'an Huashu Digital Television Co., Ltd. is 50 million yuan[67]. - The registered capital of Tonglu Huashu Digital Television Co., Ltd. is 37 million yuan[68]. - The registered capital of Zhejiang Huashu Media Capital Management Co., Ltd. is approximately 3.14 billion yuan[71]. - The registered capital of Hangzhou Dajiangdong Huashu Digital Television Co., Ltd. is 50 million yuan[74]. - The registered capital of Zhejiang Huashu Network Co., Ltd. is approximately 1.204 billion RMB, with an 8.3% shareholding ratio[75]. - Zhejiang Huashu Cultural Media Investment Co., Ltd. has a registered capital of 5 million RMB and holds a 49% stake[75]. - Zhejiang Huashu Digital Technology Co., Ltd. has a registered capital of 34 million RMB, with a 38.53% shareholding ratio[75]. - The total number of ordinary shareholders at the end of the reporting period was 39,483[121]. - The second largest shareholder, Hangzhou Yunxi Investment Partnership, had 286,671,000 shares released from restrictions on May 21, 2018[116]. Operational Strategies and Market Position - The company has over 90 million broadband network users in Hangzhou, establishing itself as a leading enterprise in the broadband access market[33]. - The company has accumulated a digital media resource library of over one million hours of content, enhancing its competitive advantage in content services[36]. - The company has formed partnerships with over 800 global content providers, ensuring a robust supply of diverse programming[36]. - The company is the only cable television transmission operator in Hangzhou, benefiting from a monopoly advantage in the region[30]. - The company has implemented a strategy of bundling broadband network services with cable television and new media services to enhance customer attraction[31]. - The company is expanding its market reach by supporting national initiatives such as the "Village-to-Village Broadcasting Project" to enhance rural connectivity[78]. - The company is actively engaged in the design and development of smart security systems and digital network services, indicating a diversification of its service offerings[78]. - The company is involved in various advertising services, including design, production, and agency work, contributing to its revenue streams[78]. Risks and Challenges - The company faces risks of user loss due to intensified industry competition, particularly with the rapid growth of IPTV and OTT users, leading to a focus on retaining existing users and developing group client business[81]. - The company is investing in projects such as the media asset content center and the nationwide expansion of "Huasu TV" internet television terminals, although there are concerns about the return on investment not meeting expectations[81]. - The company emphasizes the importance of transmission security, addressing risks related to content safety and potential interruptions due to equipment failures or unauthorized signal intrusions[82]. Corporate Governance and Compliance - The company held several shareholder meetings during the reporting period, with participation rates ranging from 51.30% to 71.58%[85]. - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[86]. - The company’s half-year financial report has not been audited, indicating that the financial results are still subject to review[88]. - There were no significant litigation or arbitration matters reported during the period, indicating a stable legal environment for the company[90]. - The company has fulfilled its commitment regarding the non-transfer of shares subscribed during its non-public offering, with no violations reported[87]. - The company has no stock incentive plans or employee stock ownership plans in place during the reporting period[91]. - The company reported no changes in the controlling shareholder or actual controller during the reporting period[123]. - There were no preferred shares issued by the company during the reporting period[126]. - The company did not conduct any repurchase transactions among the top ten shareholders during the reporting period[136]. - The board of directors saw changes, with Wang Jian'er resigning as chairman on February 1, 2018, and Lu Zhengpin appointed as chairman on February 12, 2018[129]. Accounting and Financial Reporting - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[183]. - The company adheres to the enterprise accounting standards, ensuring that the financial statements accurately reflect its financial position, operating results, and cash flows[185]. - The company has a comprehensive approach to accounting policies, including provisions for bad debts and depreciation of fixed assets[184]. - The company uses the effective interest method for subsequent measurement of financial liabilities at amortized cost, with exceptions for certain financial liabilities measured at fair value[199]. - Gains or losses from changes in the fair value of financial assets or liabilities are recognized in profit or loss, except for those related to hedging[200]. - Interest or cash dividends received during the holding period of financial assets are recognized as investment income[200]. - The company terminates recognition of a financial asset when the contractual rights to cash flows have expired or when substantially all risks and rewards of ownership have been transferred[200]. - For available-for-sale financial assets, changes in fair value are recognized in other comprehensive income[200]. - The company measures financial liabilities at the higher of the amount determined under relevant accounting standards or the initial recognition amount less cumulative amortization[199]. - The actual amount received upon disposal of financial assets is recognized as investment income, adjusted for any fair value changes previously recognized[200]. - The company does not deduct future transaction costs when measuring financial liabilities at fair value[199]. - Financial guarantees and loan commitments not designated at fair value are measured based on specific accounting standards[199].

Financial Performance - The company's operating revenue for Q1 2018 was ¥766,922,920.51, representing a 7.91% increase compared to ¥710,678,297.02 in the same period last year[6] - Net profit attributable to shareholders was ¥155,321,358.09, up 4.12% from ¥149,169,969.34 year-on-year[6] - The net profit after deducting non-recurring gains and losses decreased by 13.71% to ¥123,636,380.46 from ¥143,285,552.52 in the previous year[6] - The net cash flow from operating activities surged by 646.23% to ¥124,767,614.45, compared to ¥16,719,707.51 in the same period last year[6] - The weighted average return on net assets was 1.49%, slightly up from 1.47% in the previous year[6] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥14,399,024,269.68, a slight decrease of 0.15% from ¥14,420,294,193.30 at the end of the previous year[6] - The net assets attributable to shareholders increased by 1.35% to ¥10,517,212,267.75 from ¥10,376,877,141.53 at the end of the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 39,678[10] - The largest shareholder, Huashu Digital Television Media Group Co., Ltd., held 41.85% of the shares, totaling 599,812,467 shares[10] Receivables and Cash Flow - Accounts receivable increased by 199.89% to ¥15,458,349.47 due to increased collections in the form of bank acceptance bills[14] - Net cash flow from operating activities surged by 646.23% to ¥124,767,614.45, attributed to increased sales collections[14] - The net increase in cash and cash equivalents decreased by 66.78% to -¥636,348,740.73, mainly due to the purchase of financial products[14] - Other receivables increased by 34.05% to ¥54,359,058.12, driven by an increase in deposits and temporary payments[14] - The company reported a 42.47% increase in interest receivable to ¥71,426,739.95, resulting from higher interest on financial products[14] - Employee compensation payable decreased by 48.91% to ¥107,118,361.09, primarily due to year-end bonus payments[14] Non-Recurring Gains and Other Income - The company reported non-recurring gains totaling ¥31,684,977.63, primarily from asset disposals and government subsidies[7] - Other income amounted to ¥4,501,187.65, reflecting adjustments to government subsidies under the revised accounting policy[14] Investment Activities - The net cash flow from investing activities was -¥761,116,355.18, a 91.11% decline due to the purchase of financial products[14] - The company did not report any significant changes in its operational commitments or investment activities during the reporting period[15]

Financial Performance - The company's operating revenue for 2017 was CNY 3,209,307,928.54, representing a 4.16% increase from CNY 3,081,183,980.30 in 2016[19]. - The net profit attributable to shareholders for 2017 was CNY 641,275,527.64, up 6.49% from CNY 602,197,096.62 in 2016[19]. - The net cash flow from operating activities decreased by 14.93% to CNY 1,263,591,598.86 in 2017 from CNY 1,485,291,540.40 in 2016[20]. - The total assets at the end of 2017 were CNY 14,420,294,193.30, a 2.76% increase from CNY 14,032,840,971.94 at the end of 2016[20]. - The basic earnings per share for 2017 was CNY 0.45, reflecting a 7.14% increase from CNY 0.42 in 2016[20]. - The company reported a total of 4 quarters with increasing net profit, with the fourth quarter net profit reaching CNY 168,862,539.40[24]. - The company’s net assets attributable to shareholders increased by 2.67% to CNY 10,376,877,141.53 at the end of 2017[20]. - The company achieved operating revenue of CNY 3,209,307,928.54, an increase of CNY 12,812.39 million, representing a year-on-year growth of 4.16%[64]. - Operating costs amounted to CNY 1,776,162,641.16, up CNY 7,815.55 million, with a year-on-year increase of 4.60%[65]. - The company reported a total investment of CNY 100 million in the current period, a significant increase of 900% compared to CNY 10 million in the same period last year[88]. User and Market Dynamics - The total number of cable TV users in China decreased by 7.817 million in 2017, totaling 245 million users, marking a decline in market share to 54.81%[35]. - The number of digital TV users reached 209 million, with a digitalization rate of 85.45%[35]. - The number of cable broadband users grew to 34.985 million, representing a year-on-year increase of 33.13%[38]. - The number of interactive TV users increased by 13.06% year-on-year, while internet TV business revenue rose by 41.37%, with over 80 million activated on-demand users[53]. - In 2017, cable TV users accounted for 54.81% of the national household TV viewing market, marking the first decline in market share[120]. Business Strategy and Development - The company is focusing on retaining existing users and expanding group client business to improve operational efficiency in the "new network" business[3]. - The company is developing new growth points in the "new media" business, leveraging big data tools to support its development[3]. - The company has implemented a strategy focusing on expanding its new media business to meet growing cultural demands[29]. - The company is actively pursuing market expansion strategies to adapt to the evolving media landscape[3]. - The company is committed to continuous innovation in technology to support its "new network" and "new media" business[3]. - The company is focused on enhancing its talent pool and management efficiency through innovative assessment and incentive models[63]. - The company is pursuing strategic cooperation with internet enterprises to enrich platform content and enhance user experience[124]. - The company aims to create a knowledge payment system targeting high-end users, focusing on vertical content for specific demographics[124]. - The company is focused on expanding its market presence through strategic partnerships and investments in related sectors[117]. Risk Management and Challenges - Risks include intensified market competition leading to user attrition, particularly in the cable TV sector due to the rapid growth of IPTV and internet TV users[3]. - The company has a comprehensive risk management strategy to address potential challenges in its operations and investments[4]. - The company emphasizes the importance of transmission security, with potential risks from content review and network equipment failures[5]. - The company aims to enhance its network operation monitoring technology and improve staff security awareness to mitigate transmission issues[5]. - The company has established a comprehensive safety management system to ensure broadcast, content, and transmission security, especially during key events[132]. Investments and Assets - The company has ongoing projects such as the media asset content center and the nationwide expansion of the "Wasu TV" internet TV terminal, which may yield lower-than-expected returns[4]. - The company initiated a major asset restructuring at the end of 2017, planning to acquire shares in Zhongguang Cable, Ningbo Huashu, and Xinchang Huashu held by Huashu Group[62]. - The company has extended the commitment period for the integration of Zhejiang network assets and business until October 19, 2019, due to ongoing losses and the need for further integration efforts[141]. - The company has not reported any significant differences in net profit or net assets under international or domestic accounting standards[21][22]. - The company has not engaged in any securities or derivative investments during the reporting period[89][90]. Shareholder and Governance - The cash dividend payout ratio for 2017 was 100% of the distributable profits, indicating a strong commitment to returning value to shareholders[139]. - The total number of shares is 1,433,351,902, with 30.68% being limited shares and 69.32% being unrestricted shares[183]. - The largest shareholder, Huashu Digital Television Media Group Co., Ltd., holds 41.85% of the shares, totaling 599,812,467 shares[186]. - The second largest shareholder, Hangzhou Yunxi Investment Partnership (Limited Partnership), holds 20.00% of the shares, totaling 286,671,000 shares[186]. - The company has maintained a clean integrity status for itself and its controlling shareholders[152]. Research and Development - Research and development investment increased by 32.33% to ¥144,808,818.86, which is 4.51% of the operating revenue[81]. - The number of R&D personnel rose by 7.33% to 410, increasing the proportion of R&D staff to 8.30%[81]. - The company holds a total of 17 patents, with the latest granted on December 15, 2017, for a utility model patent related to optical receiving devices[80]. Corporate Governance and Compliance - The audit firm Tianjian CPA has been engaged for 8 years, with an audit fee of 1.45 million yuan for the current period[147]. - The company appointed Tianjian Accounting Firm as the financial and internal control auditor for the fiscal year 2017, with a total remuneration of 1.8 million RMB[148]. - There were no significant lawsuits or arbitration matters during the reporting period[150]. - The company did not face any penalties or rectification issues in the reporting period[151]. - The company has not reported any unutilized raised funds that would affect its financial performance[99].

华数传媒控股股份有限公司 2017 年第三季度报告正文 证券代码：000156 证券简称：华数传媒 公告编号：2017-047 华数传媒控股股份有限公司 2017 年第三季度报告正文 2017 年 10 月 一、主要会计数据和财务指标 1 华数传媒控股股份有限公司 2017 年第三季度报告正文 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人王健儿、主管会计工作负责人何刚及会计机构负责人(会计主管人员)曾春辉 声明：保证季度报告中财务报表的真实、准确、完整。 2 华数传媒控股股份有限公司 2017 年第三季度报告正文 第二节 公司基本情况 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 14,243,725,630.67 | 14,032,840,971.94 | | ...

Financial Performance - The company's operating revenue for the reporting period was CNY 1,497,499,537.25, representing a 6.97% increase compared to CNY 1,399,985,988.03 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 307,788,213.79, up 4.20% from CNY 295,381,792.48 year-on-year[18]. - The basic earnings per share rose to CNY 0.2147, reflecting a 4.17% increase from CNY 0.2061 in the prior year[18]. - The company reported a decrease of 0.75% in net profit after deducting non-recurring gains and losses, amounting to CNY 285,124,124.69 compared to CNY 287,282,487.18 in the previous year[18]. - The company reported a total profit of CNY 308,371,326.63, which is a 3.9% increase from CNY 299,217,775.63 in the previous year[126]. - The total comprehensive income for the period was CNY 171,664,668.29, compared to CNY 294,274,502.45 in the same period last year, indicating a decrease due to other comprehensive losses[126]. Cash Flow and Assets - The net cash flow from operating activities increased by 23.59% to CNY 333,333,833.52, compared to CNY 269,708,520.79 in the previous year[18]. - The company reported a significant increase of 109.83% in net cash flow from investing activities, primarily due to the conversion of idle funds into fixed deposits[46]. - The company reported a cash inflow of 3,830,712,695.38 CNY from investment activities, with cash outflow totaling 3,751,594,420.75 CNY, leading to a net cash flow of 79,118,274.63 CNY[133]. - The total assets at the end of the reporting period were CNY 14,115,641,002.84, a slight increase of 0.59% from CNY 14,032,840,971.94 at the end of the previous year[18]. - The company reported a significant increase in prepayments to ¥63,773,887.73 from ¥58,625,133.54, which is an increase of approximately 8.23%[116]. - The total liabilities increased to ¥4,038,169,293.35 from ¥3,919,060,595.32, reflecting a rise of approximately 3.04%[118]. Dividends and Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased capital through public reserves[65]. - The total number of shares outstanding is 1,433,351,902, with 30.68% being limited shares[99]. - The top ten shareholders include Huashu Digital Television Media Group with 41.85%, Yunxi Investment with 20.00%, and Qianxi Long Investment with 6.84%[101]. Business Operations and Market Position - The company operates under a fully market-oriented management model, enhancing its responsiveness to market demands and business expansion[39]. - The company has established partnerships with 800 global content providers, enhancing its content service capabilities[40]. - The company is focusing on retaining existing users and enhancing the operational efficiency of its "new network" business while developing new growth points in the "new media" sector supported by big data tools[60]. - The company is focusing on expanding its market presence and enhancing service offerings in the broadband sector[79]. Risks and Challenges - The company faces risks of user attrition due to intensified industry competition, particularly with the rapid growth of IPTV and OTT users, which has become a widespread issue in the cable television network industry[60]. - There is a risk that the returns from fundraising investment projects, such as the media asset content center and the nationwide expansion of "Huasu TV," may fall short of expectations, impacting investment returns and anticipated profits[60]. - The company emphasizes the importance of transmission security, addressing potential threats from content review laxity and network equipment failures that could impact brand image and user acquisition[61]. Research and Development - Research and development investment increased by 13.99% to CNY 59,819,774.61[46]. - The company is actively pursuing technological innovations to support the development of its "new network" and "new media" businesses[60]. Financial Reporting and Compliance - The half-year financial report has not been audited[69]. - The financial statements are prepared in Renminbi (RMB) with the consolidated balance sheet dated June 30, 2017[115]. - The company adheres to the enterprise accounting standards, ensuring that the financial statements reflect a true and complete picture of its financial status[164].

华数传媒控股股份有限公司 2017 年第一季度报告正文 证券代码：000156 证券简称：华数传媒 公告编号：2017-021 华数传媒控股股份有限公司 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。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 邵晓锋 | 董事 | 公务原因 | 尹雷 | 公司负责人王健儿、主管会计工作负责人何刚及会计机构负责人（会计主管人员）曾春 辉声明：保证季度报告中财务报表的真实、准确、完整。 2017 年第一季度报告正文 2017 年 04 月 1 华数传媒控股股份有限公司 2017 年第一季度报告正文 第一节 重要提示 2 华数传媒控股股份有限公司 2017 年第一季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | ...

Financial Performance - The company's operating revenue for 2016 was ¥3,081,183,980.30, representing a 7.79% increase from ¥2,858,572,085.19 in 2015[18]. - The net profit attributable to shareholders for 2016 was ¥602,197,096.62, up 12.87% from ¥533,552,127.45 in 2015[18]. - The net cash flow from operating activities increased by 23.08% to ¥1,485,291,540.40 in 2016 from ¥1,206,790,073.19 in 2015[18]. - The total assets at the end of 2016 were ¥14,032,840,971.94, a 10.71% increase from ¥12,674,997,873.20 at the end of 2015[19]. - The basic earnings per share for 2016 was ¥0.42, reflecting a 5.00% increase from ¥0.40 in 2015[19]. - The company reported a net profit of ¥163,060,976.17 in Q3 2016, with total revenue for the quarter reaching ¥785,959,540.29[23]. - The company’s net assets attributable to shareholders increased by 9.27% to ¥10,106,636,971.83 at the end of 2016 from ¥9,249,303,153.94 at the end of 2015[19]. - The company’s non-operating income for 2016 included government subsidies amounting to ¥34,458,739.75, primarily for media cloud operation projects[25]. - The company’s total operating costs amounted to ¥1,698,007,136.34, which is a 6.54% increase from the previous year[66]. - The company reported a significant increase in sales expenses, which rose by 21.22% to ¥474,675,871.50[76]. User Growth and Market Position - The company reported a significant increase in IPTV and OTT users, indicating a large-scale growth in user base in 2016[3]. - The company is focusing on retaining existing users while developing group client business to improve operational efficiency[3]. - The company is exploring new growth points in the "new media" sector to counteract user loss in traditional cable services[3]. - The interactive television user base increased by 21.43%, with revenue from this segment rising by 10.71%[53]. - The internet television business maintained a leading position nationwide, with terminal coverage exceeding 100 million units and activated on-demand users surpassing 80 million, resulting in a revenue growth of 59.89%[53]. - The company has over 70,000 broadband network users in Hangzhou, establishing itself as a market leader in the broadband access market[45]. - In 2016, the number of cable TV users in China grew by 0.5% to 252 million, maintaining a market share of 59.6% in household TV viewership[35]. - The number of broadband network users in China increased by 39.18% year-on-year, reaching 25.59 million[36]. Strategic Initiatives and Projects - The company is actively working on projects such as the media asset content center and the nationwide expansion of the "Wasu TV" internet television terminal[4]. - The company plans to distribute a cash dividend of 1.40 RMB per 10 shares to all shareholders, based on a total of 1,433,351,902 shares[6]. - The company is focusing on enhancing its "new media" business and leveraging big data tools to support the development of "new network" and "new media" operations[3]. - The company launched a 4K smart set-top box and a mobile app that integrates its television and broadband services, enhancing cross-screen service capabilities[54]. - The company completed the CMTS renovation project and initiated the active machine room transformation to support the development of HD and 4K television[55]. - The company plans to expand its market presence through new product offerings and technological advancements in the broadcasting and digital television sectors[103]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and expand its service portfolio[103]. Risks and Challenges - Risks include intensified industry competition leading to user attrition, particularly in the cable television sector[3]. - The company acknowledges the risk of investment project returns being lower than expected, which could impact anticipated earnings[4]. - The market competition in the cable TV industry is expected to become more complex and variable in 2017[128]. - The company aims to enhance product innovation by focusing on smart home and smart city products, optimizing user experience for 4K smart terminals and cross-screen products[132]. Research and Development - Research and development (R&D) investment amounted to CNY 109,428,235.46 in 2016, representing a 12.14% increase from CNY 97,584,392.62 in 2015, with R&D expenditure accounting for 3.55% of total revenue[80]. - The number of R&D personnel increased by 22.04% to 382 in 2016, up from 313 in 2015, indicating a growing focus on innovation[80]. - Research and development efforts included the G20 Key Assurance System, which ensured stable operation of digital television during the G20 summit[77]. Shareholder and Capital Structure - The company has undergone significant changes in its shareholding structure, with 华数集团 holding approximately 54.30% of the total shares after major asset restructuring[17]. - The total number of shares before the change was 1,433,351,902, with 61.85% being restricted shares[189]. - The restricted shares decreased by 446,755,902, resulting in 30.68% of the total shares being restricted after the change[189]. - The company’s financial indicators, such as basic and diluted earnings per share, were impacted by the changes in share structure[190]. - The company has a total of 599,812,467 restricted shares held by Huashu Digital Television Group, which were subject to a profit compensation commitment[192]. Compliance and Governance - The company has maintained compliance with commitments regarding independent operations and avoidance of competition since the reverse acquisition in 2012[151]. - The company has no major litigation or arbitration matters during the reporting period[160]. - The company has no penalties or rectification situations during the reporting period[161]. - The company continues to fulfill its commitments regarding non-transfer of shares and related party transactions[153][154]. Social Responsibility and Contributions - The company made social contributions amounting to CNY 26.54 million during the reporting period[184]. - The company invested CNY 37.98 million in employee training and skill enhancement[184]. - The company has not initiated any poverty alleviation programs nor has any plans for such initiatives[182].

华数传媒控股股份有限公司 2016 年第三季度报告全文 华数传媒控股股份有限公司 2016 年第三季度报告 2016 年 10 月 1 华数传媒控股股份有限公司 2016 年第三季度报告全文 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 13,220,539,815.36 | 12,674,997,873.20 | | 4.30% | | 归属于上市公司股东的净资产 | 9,657,625,265.99 | 9,249,303,153.94 | | 4.41% | | （元） | | | | | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | | | 增减 | | 年同期增减 | | 营业收入（元） | 785,959,540 ...

Financial Performance - The company's operating revenue for the reporting period was CNY 1,399,985,988.03, representing a 10.04% increase compared to CNY 1,272,248,887.87 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 295,381,792.48, an increase of 17.78% from CNY 250,783,949.64 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 287,282,487.18, up 16.24% from CNY 247,154,791.61 year-on-year[19]. - The net cash flow from operating activities was CNY 269,708,520.79, reflecting a 2.49% increase from CNY 263,155,349.21 in the previous year[19]. - The total assets at the end of the reporting period were CNY 13,016,533,076.52, a 2.69% increase from CNY 12,674,997,873.20 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company were CNY 9,494,517,629.85, which is a 2.65% increase from CNY 9,249,303,153.94 at the end of the previous year[19]. - The basic earnings per share for the reporting period was CNY 0.2061, a 2.08% increase compared to CNY 0.2019 in the same period last year[19]. - The diluted earnings per share also stood at CNY 0.2061, reflecting a 2.08% increase from CNY 0.2019 year-on-year[19]. - The weighted average return on equity decreased to 3.14%, down 2.44% from 5.58% in the previous year[19]. Investment and Financing Activities - The company recorded a net cash outflow from investment activities of CNY -805,237,815.97, an increase of 68.75% year-on-year[29]. - The total amount of funds raised through the non-public offering was CNY 650,659.88 million, with CNY 14,738.3 million invested during the reporting period[51]. - Cumulative investment of raised funds reached CNY 146,333.4 million by the end of the reporting period, with a remaining balance of CNY 506,358.51 million[51]. - The project for "Media Asset Content Center Construction" received CNY 151,500 million, with CNY 36,527.01 million (24.11%) invested to date[52]. - The "Huasu TV" internet television terminal nationwide expansion project received CNY 111,000 million, with CNY 4,715.82 million (4.25%) invested to date[52]. - The company has not engaged in any external equity investments, securities investments, or derivative investments during the reporting period[43][44][48]. - The company has not reported any major changes in project feasibility or significant delays in project progress[54]. - The company has not undertaken any major non-raised fund investments during the reporting period[59]. - The company has not engaged in any asset acquisitions, sales, or mergers during the reporting period[73][74][75]. Shareholder and Governance Matters - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[3]. - The company has implemented a cash dividend policy that complies with its articles of association and shareholder resolutions[63]. - The company has maintained a strict governance structure in accordance with relevant laws and regulations, ensuring all board and shareholder meetings are conducted properly[69][70]. - The company has provided opportunities for minority shareholders to express their opinions and protect their legal rights[63]. - The company has engaged in discussions regarding its internet television business and cooperation with Alibaba during investor meetings[65][66]. - The company has committed to reducing related party transactions and continues to fulfill this commitment[95]. - The total number of common shareholders at the end of the reporting period was 45,210[106]. - The largest shareholder, Huashu Digital Television Media Group, holds 41.85% of the shares, totaling 599,812,467 shares[106]. - The second-largest shareholder, Hangzhou Yunxi Investment Partnership, holds 20.00% of the shares, totaling 286,671,000 shares, which are pledged[106]. Cash Flow and Liquidity - The company’s cash and cash equivalents at the end of the reporting period were approximately ¥6.78 billion, down from ¥6.89 billion at the beginning of the period[120]. - The company reported a total cash inflow from operating activities of CNY 1,387,001,276.63, an increase of 12.7% from CNY 1,230,708,235.96 in the previous year[141]. - The cash paid to employees and for employee benefits was CNY 404,396,059.74, up from CNY 322,886,593.86, reflecting a 25.3% increase in labor costs[142]. - The company experienced a net decrease in cash and cash equivalents of CNY 535,529,295.18 during the period, contrasting with a net increase of CNY 6,041,649,381.09 in the previous period[145]. - The total cash inflow from investment activities was CNY 174,356,066.60, while cash outflow reached CNY 3,395,000,000.00, leading to a net cash flow of 174,356,066.60, a significant improvement from the previous year's loss[146]. Assets and Liabilities - Total assets increased to CNY 13,016,533,076.52, up from CNY 12,674,997,873.20, representing a growth of approximately 2.7%[121]. - Total liabilities rose to CNY 3,514,393,521.49, compared to CNY 3,416,965,504.05, indicating an increase of about 2.9%[122]. - Owner's equity totaled CNY 9,502,139,555.03, up from CNY 9,258,032,369.15, reflecting a growth of approximately 2.6%[123]. - Current assets amounted to CNY 7,782,884,628.39, an increase from CNY 7,602,697,728.53, showing a rise of about 2.4%[121]. - Non-current assets totaled CNY 5,233,648,448.13, compared to CNY 5,072,300,144.67, marking an increase of approximately 3.2%[121]. Accounting Policies and Practices - The company adheres to the enterprise accounting standards, ensuring the financial statements reflect its financial position accurately[168]. - The company’s financial statements are based on the assumption of continuous operation[165]. - The company’s accounting policies include specific provisions for bad debts, depreciation, and revenue recognition[167]. - The company uses the effective interest method to measure financial liabilities at amortized cost, except for those designated at fair value[177]. - The company conducts impairment testing for financial assets, recognizing impairment losses when the carrying amount exceeds the present value of expected future cash flows[181]. - For available-for-sale financial assets, impairment is recognized when there is objective evidence of a significant or prolonged decline in fair value[182]. - The company assesses significant receivables individually for impairment, with those representing over 10% of the accounts receivable balance subject to separate testing[183]. - The company measures financial assets at fair value without deducting transaction costs that may occur upon disposal, except for certain categories[177]. Research and Development - Research and development investment increased by 17.27% to CNY 52,479,847.96[29].