大唐高鸿数据网络技术股份有限公司 2020 年年度报告全文 大唐高鸿数据网络技术股份有限公司 2020 年年度报告（更新后） 2021 年 04 月 1 大唐高鸿数据网络技术股份有限公司 2020 年年度报告全文 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：保证本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。 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策略，敬请投资者关注相 关内容。 本年度报告内容涉及的未来计划、规划等前瞻性陈述，因存在不确定性， 不构成公司对投资者的实质承诺，请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 大唐高鸿数据网络技术股份有限公司 2020 年年度报告全文 目录 | --- | --- | --- | |------- ...

[Important Notes, Table of Contents, and Definitions](index=2&type=section&id=第一节%20重要提示、目录和释义) This section provides important disclaimers, the report's table of contents, and definitions of key terms used throughout the document [Important Notes](index=2&type=section&id=重要提示) The company's Board of Directors, Supervisory Board, and all senior management ensure the truthfulness, accuracy, and completeness of this annual report's content and assume corresponding legal responsibilities; all directors attended the review meeting; the company details potential operating risks and response strategies in this report and explicitly states no cash dividends, bonus shares, or capital reserve conversions to share capital for the current year - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the report content and assume legal responsibility[5](index=5&type=chunk) - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves to share capital for the year 2020[6](index=6&type=chunk) [Company Profile and Key Financial Indicators](index=8&type=section&id=第二节%20公司简介和主要财务指标) This section outlines the company's fundamental information, including its business history, and presents a comprehensive overview of its key financial performance metrics [Company Basic Information](index=8&type=section&id=公司信息) This chapter provides the company's basic business registration information, contact details, information disclosure channels, and the history of its main business and controlling shareholder changes since listing; after asset restructuring in 2003, the company's main business shifted to communication network products and system integration, and its controlling shareholder changed to China Academy of Telecommunication Research Co., Ltd., remaining unchanged to date - The company's legal representative is Fu Jinglin, with its registered address in Gui'an New Area, Guizhou Province, and its office address in Haidian District, Beijing[25](index=25&type=chunk) - Since its restructuring in 2003, the company's controlling shareholder changed to China Academy of Telecommunication Research Co., Ltd., and has remained unchanged since then[30](index=30&type=chunk) [Key Accounting Data and Financial Indicators](index=9&type=section&id=主要会计数据和财务指标) In 2020, the company's operating performance significantly declined, with operating revenue decreasing by **38.49%** year-over-year, and net profit attributable to shareholders of the listed company turning from profit to loss, a substantial **626.08%** year-over-year decrease to **-122 million CNY**; although non-recurring net profit remained negative, the loss narrowed by **21.72%** year-over-year; net cash flow from operating activities, while still negative, significantly improved by **73.10%** compared to the previous year 2018-2020 Key Financial Indicators | Indicator | 2020 | 2019 | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 7.02 billion | 11.41 billion | -38.49% | | Net Profit Attributable to Shareholders of the Listed Company (CNY) | -121.61 million | 23.12 million | -626.08% | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-Recurring Gains and Losses (CNY) | -196.38 million | -250.88 million | 21.72% | | Net Cash Flow from Operating Activities (CNY) | -208.32 million | -774.32 million | 73.10% | | Basic Earnings Per Share (CNY/share) | -0.1380 | 0.0262 | -626.72% | | Weighted Average Return on Net Assets | -3.75% | 0.70% | -4.45% | | Total Assets (CNY) | 9.999 billion | 9.33 billion | 7.16% | | Net Assets Attributable to Shareholders of the Listed Company (CNY) | 3.17 billion | 3.32 billion | -4.72% | 2020 Quarterly Key Financial Indicators (Unit: CNY) | Indicator | Q1 | Q2 | Q3 | Q4 | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 850.69 million | 1.79 billion | 1.34 billion | 3.03 billion | | Net Profit Attributable to Shareholders of the Listed Company | -59.06 million | -23.73 million | -30.46 million | -8.36 million | - Total non-recurring gains and losses for 2020 amounted to **74.77 million CNY**, primarily from government subsidies and other non-operating income and expenses[40](index=40&type=chunk) [Business Overview](index=12&type=section&id=第三节%20公司业务概要) This section details the company's primary business segments, significant asset changes, and core competitive advantages [Primary Businesses During the Reporting Period](index=12&type=section&id=一、报告期内公司从事的主要业务) During the reporting period, the company primarily focused on three major business segments: industry enterprise, information services, and IT sales; the industry enterprise segment focuses on intelligent connected vehicles, cloud computing, and intelligent manufacturing, providing core technology products and solutions; the information services segment covers internet marketing, artificial intelligence, IDC, and mobile information services; the IT sales segment mainly deals with IT products and small home appliance sales and related services - **Industry Enterprise Segment**: Based on core technologies such as intelligent connected vehicles and trusted computing, it provides products and solutions for areas like intelligent connected vehicles, cloud computing, and intelligent manufacturing, and offers software development and system integration services to government and telecom clients[43](index=43&type=chunk) - **Information Services Segment**: Primarily includes internet marketing, artificial intelligence products, IDC data centers, mobile information, and mobile media businesses[43](index=43&type=chunk) - **IT Sales Segment**: Core business involves selling IT products from brands like Lenovo and Asus to major clients such as Suning and JD.com, and expanding into small home appliance brand sales[46](index=46&type=chunk) [Significant Changes in Major Assets](index=13&type=section&id=二、主要资产重大变化情况) During the reporting period, the company's major assets underwent significant changes; fixed assets increased by **65.30%**, primarily due to the conversion of subsidiary-developed products to self-use and the completion and capitalization of IDC machine rooms; construction in progress surged over **800 times**, as a subsidiary reclassified a large amount of properties under construction to self-held; cash and cash equivalents increased by **96.61%**, stemming from the receipt of project investment funds, compensation, and new borrowings Significant Changes in Major Assets Explanation | Major Asset | Change | Explanation | | :--- | :--- | :--- | | Fixed Assets | Increased 65.30% | Subsidiary-developed products converted to self-use and IDC machine rooms completed and capitalized | | Construction in Progress | Increased 80028.52% | Subsidiary transferred properties under construction originally classified as inventory to construction in progress | | Cash and Cash Equivalents | Increased 96.61% | Received project investment funds, compensation, and new borrowings | | Other Receivables | Decreased 66.21% | Received project investment funds and compensation | [Core Competitiveness Analysis](index=13&type=section&id=三、核心竞争力分析) The company's core competitiveness is reflected in its three major business segments; the industry enterprise segment holds multiple Class A/Level 1 qualifications, is one of the main developers of domestic intelligent connected vehicle technical standards, and possesses technological and market advantages in trusted computing and broadcast BSS/OSS systems; the information services segment holds cross-regional IDC licenses and a talent pool for integrated innovation; the IT sales segment has significant channel advantages and stable strategic partnerships in Jiangsu Province's 3C retail market - **Industry Enterprise Segment**: - Possesses multiple high-level qualifications, including Class A for confidential information system integration and Level 1 for security engineering - As one of the main developers of domestic intelligent connected vehicle technical standards (e.g., LTE-V), it owns a series of C-V2X core products and has widely deployed them in multiple demonstration zones - Has deep accumulation in the broadcast BSS/OSS system field, with its intelligent customer service system holding over **90%** market share[48](index=48&type=chunk)[50](index=50&type=chunk) - **Information Services Segment**: - Holds cross-regional IDC operating licenses in Beijing and Shanghai - Possesses an integrated and innovative talent team spanning the internet and communication industries[51](index=51&type=chunk) - **IT Sales Segment**: - Holds channel advantages in Jiangsu Province's 3C retail market, having established long-term strategic partnerships with terminal retailers like Suning and JD.com[52](index=52&type=chunk) [Management Discussion and Analysis](index=15&type=section&id=第四节%20经营情况讨论与分析) This section provides an in-depth analysis of the company's operational performance, financial position, and investment activities during the reporting period, along with future outlook [Overview](index=15&type=section&id=一、概述) In 2020, affected by the pandemic and industry competition, the company faced significant operating pressure, with full-year operating revenue decreasing by **38.49%** year-over-year, and net profit attributable to the parent company turning into a loss of **122 million CNY**; the company actively responded by focusing on its core business and optimizing its industrial structure, particularly expanding its intelligent connected vehicle and internet marketing businesses; starting from the fourth quarter, the effects of business transformation gradually became apparent, and performance improved 2020 Key Operating Data | Indicator | Amount (CNY) | YoY Change | | :--- | :--- | :--- | | Operating Revenue | 7.02 billion | -38.49% | | Net Profit Attributable to Parent Company | -121.61 million | -626.08% | | Net Profit After Deducting Non-Recurring Gains and Losses | -196.38 million | 21.72% | - The company's intelligent connected vehicle business achieved significant progress, making breakthroughs in national pilot zones like Tianjin, Changsha, and Chongqing, leading in roadside unit (RSU) market share, and becoming the exclusive supplier of Baidu's autonomous driving V2X modules[56](index=56&type=chunk) - The IT sales business adopted a build-to-order model to avoid inventory buildup, actively expanded small home appliance sales, and maintained business scale and supply chain stability[61](index=61&type=chunk) [Main Business Analysis](index=17&type=section&id=二、主营业务分析) This chapter provides a detailed analysis of the company's main business revenue and cost structure, expense changes, R&D investment, and cash flow status; IT sales business remains the primary revenue source but significantly declined by **45.07%** year-over-year; the information services business has the highest gross profit margin (**51.64%**) and increased by **25.64 percentage points** year-over-year; the company significantly increased R&D investment, growing by **86.67%** year-over-year, primarily directed towards intelligent connected vehicle projects; although operating cash flow was a net outflow, its condition significantly improved compared to the previous year 2020 Operating Revenue Composition (By Industry) | By Industry | Operating Revenue (CNY) | Operating Cost (CNY) | Gross Margin | Operating Revenue YoY Change | | :--- | :--- | :--- | :--- | :--- | | Industry Enterprise Business | 1.86 billion | 1.60 billion | 13.83% | -11.03% | | Information Services Business | 137.99 million | 66.74 million | 51.64% | -34.87% | | IT Sales Business | 4.95 billion | 4.86 billion | 1.81% | -45.07% | 2020 Major Expense Changes | Expense Item | 2020 (CNY) | 2019 (CNY) | YoY Change | Significant Change Explanation | | :--- | :--- | :--- | :--- | :--- | | Selling Expenses | 144.17 million | 182.24 million | -20.89% | Market expansion affected by the pandemic, leading to decreased sales service fees and advertising expenses | | R&D Expenses | 123.48 million | 66.15 million | 86.67% | Increased R&D investment, especially for intelligent connected vehicle projects | 2020 R&D Investment Status | Indicator | 2020 | 2019 | Change Percentage | | :--- | :--- | :--- | :--- | | R&D Expenditure (CNY) | 199.39 million | 119.03 million | 67.51% | | R&D Expenditure as % of Revenue | 2.84% | 1.04% | 1.80% | 2020 Cash Flow Statement Key Data | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -208.32 million | -774.32 million | 73.10% | | Net Cash Flow from Investing Activities | 260.15 million | 519.33 million | -49.91% | | Net Cash Flow from Financing Activities | 417.30 million | -950.28 million | 143.91% | | Net Increase in Cash and Cash Equivalents | 469.08 million | -1.21 billion | 138.92% | [Analysis of Assets and Liabilities](index=23&type=section&id=四、资产及负债状况分析) As of the end of 2020, the company's total assets were **9.999 billion CNY**, an increase of **7.16%** year-over-year; the asset structure underwent significant changes, with construction in progress substantially increasing due to properties being reclassified as self-held, and cash and cash equivalents nearly doubling due to increased collections and borrowings; on the liability side, short-term borrowings increased by **4.21 percentage points** to **18.27%** to meet business working capital needs; some of the company's assets are restricted, with a total value of approximately **641 million CNY** Balance Sheet Major Item Changes | Item | 2020 Year-End Amount (CNY) | % of Total Assets | Change from Year-Start | Significant Change Explanation | | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 1.10 billion | 11.01% | Increased 96.61% | Received project investment funds, compensation, and new borrowings | | Construction in Progress | 650.91 million | 6.51% | Increased 80028.52% | Subsidiary transferred properties under construction originally classified as inventory to construction in progress | | Short-term Borrowings | 1.83 billion | 18.27% | Increased 39.24% | Increased bank borrowings to meet business working capital needs | - As of the end of the reporting period, the book value of the company's restricted assets totaled **641 million CNY**, primarily including construction in progress, investment properties pledged for borrowings, and restricted cash and cash equivalents such as deposits[96](index=96&type=chunk) [Investment Status](index=25&type=section&id=五、投资状况) During the reporting period, the company's investment amount significantly increased by **8636.94%** to **549 million CNY**; equity investments primarily involved capital injections into existing subsidiaries to support business development and the establishment of new subsidiaries to expand regional markets, such as setting up technology companies in Chongqing, Anhui, and Fujian; non-equity investments focused on industrial park construction and intelligent connected vehicle projects, such as Huaxi Huigu Industrial Park and Chongqing Shiyu Expressway project - Investment during the reporting period was **549 million CNY**, a significant increase of **8636.94%** compared to **6.29 million CNY** in the same period last year[97](index=97&type=chunk) - Significant equity investments included **200 million CNY** capital injections into subsidiaries Gaohong Data and Gaohong Dingheng, respectively, and the establishment of new subsidiaries such as Chongqing Gaohong, Anhui Gaohong, and Fujian Gaohong[101](index=101&type=chunk) - The **149 million CNY** raised in 2016, originally intended for an intelligent warehousing and logistics platform project, was terminated due to market changes; the remaining **146 million CNY** was permanently used to supplement working capital and has been fully utilized during the reporting period[109](index=109&type=chunk)[111](index=111&type=chunk)[114](index=114&type=chunk) [Outlook on Company's Future Development](index=34&type=section&id=九、公司未来发展的展望) The company looks to the future, believing that national investment in new infrastructure (5G, industrial internet, intelligent connected vehicles) will bring significant development opportunities; the company's strategic goal is to become a vital force in new smart city construction, focusing on intelligent connected vehicles, industrial internet, and big data centers; the company will leverage its advantages in intelligent connected vehicle standard setting and trusted computing technology, while also recognizing deficiencies in talent reserves and the profitability of some businesses; facing macroeconomic, market uncertainty, financial, and management risks, the company has formulated corresponding response strategies, such as seizing new infrastructure opportunities, expanding global markets, and optimizing financing structure - **Development Opportunities**: The nation's increased investment in new infrastructure such as 5G, artificial intelligence, industrial internet, IoT, and smart cities presents significant development opportunities for the company's intelligent connected vehicle and intelligent manufacturing industries[135](index=135&type=chunk) - **Development Strategy**: The company's strategic goal is to become a vital force in new smart city construction, empowering government, enterprises, public welfare, and social governance, with a focus on new infrastructure (intelligent connected vehicles, industrial internet, big data centers)[150](index=150&type=chunk) - **2021 Operating Plan**: - **Intelligent Connected Vehicles**: Continuously conduct NR-V2X and LTE-V2X technical standard research, promoting the integration of smart transportation solutions - **Intelligent Manufacturing**: Achieve breakthroughs in key industrial internet platform technologies, such as ultra-high-speed storage and IoT rule engines - **Trusted Computing**: Focus on R&D and market expansion around domestic platforms and power industry applications[154](index=154&type=chunk) - **Major Risks and Responses**: - **Macroeconomic Risk**: Mitigate risk by seizing national new infrastructure investment opportunities - **Market Risk**: The intelligent connected vehicle business model is immature; this will be offset by expanding pilot projects and global operations; trusted computing has low customer acceptance, which will be addressed by expanding technical routes and application areas - **Financial Risk**: Strengthen collection management and optimize financing structure - **Management Risk**: Optimize decision-making processes and introduce professional talent[158](index=158&type=chunk) [Significant Matters](index=42&type=section&id=第五节%20重要事项) This section covers crucial events and decisions, including profit distribution, major subsidiary performance, related party transactions, and other significant corporate actions [Profit Distribution and Capital Reserve Conversion to Share Capital for Ordinary Shares](index=42&type=section&id=一、公司普通股利润分配及资本公积金转增股本情况) The company's 2020 profit distribution plan is to not distribute cash dividends, issue bonus shares, or convert capital reserves to share capital; reviewing the past three years, the company only implemented a cash dividend plan of **0.2 CNY** per 10 shares in 2019, with no profit distribution in 2018 and 2020 - The company plans no profit distribution for 2020, no cash dividends, no bonus shares, and no conversion of capital reserves to share capital[168](index=168&type=chunk)[169](index=169&type=chunk) [Analysis of Major Holding and Participating Companies](index=32&type=section&id=七、主要控股参股公司分析) This chapter discloses the operating performance of the company's major holding and participating companies; among them, Beijing Datang Gaohong Data Network Technology Co., Ltd. and Jiangsu Gaohong Dingheng Information Technology Co., Ltd. are the main profit contributors, with net profits of **17.98 million CNY** and **26.20 million CNY**, respectively; Datang Fusion Communication Co., Ltd. and Gaohong Hengchang Technology Co., Ltd. incurred significant losses, with net profits of **-28.74 million CNY** and **-26.42 million CNY**, respectively Major Subsidiary 2020 Operating Performance (Unit: CNY) | Company Name | Operating Revenue | Operating Profit | Net Profit | | :--- | :--- | :--- | :--- | | Beijing Datang Gaohong Data Network Technology Co., Ltd. | 3.24 billion | 15.36 million | 17.98 million | | Jiangsu Gaohong Dingheng Information Technology Co., Ltd. | 2.22 billion | 35.25 million | 26.20 million | | Datang Fusion Communication Co., Ltd. | 737.08 million | -39.88 million | -28.74 million | | Gaohong Hengchang Technology Co., Ltd. | 767.13 thousand | -26.42 million | -26.42 million | [Significant Related Party Transactions](index=59&type=section&id=十六、重大关联交易) During the reporting period, the company engaged in multiple daily operating-related purchase and sales transactions with related parties; among these, the largest procurement was for labor services from Datang Fusion Information Service Co., Ltd., amounting to **71.44 million CNY**; the largest sale was goods to Guotang Automobile Co., Ltd., totaling **60.11 million CNY**; additionally, the company applied for loans totaling **555 million CNY** from related parties such as Datang Telecom Technology Industry Holdings Co., Ltd - Among daily operating related party transactions, the largest procurement was for labor services from Datang Fusion Information Service Co., Ltd., amounting to **71.44 million CNY**; the largest sale was goods to Guotang Automobile Co., Ltd., totaling **60.11 million CNY**[228](index=228&type=chunk)[234](index=234&type=chunk) - During the reporting period, the company applied for loans totaling **555 million CNY** from related parties Datang Telecom Technology Industry Holdings Co., Ltd. and China Academy of Telecommunication Research Co., Ltd[248](index=248&type=chunk) [Other Significant Matters](index=77&type=section&id=十九、其他重大事项的说明) During the reporting period, the company completed several significant matters; the company relinquished part of its indirect equity in the 'Datang Gaohong Scientific Research and Industrial Development Base Project' and has received the full **950 million CNY** in debt repayment and compensation; the company completed the re-election of independent directors; furthermore, the company initiated a non-public offering of shares plan for no more than **1.25 billion CNY**, which has been accepted by the CSRC; the company also injected a total of **400 million CNY** into two core subsidiaries and changed its registered address - The company relinquished part of its indirect equity in the 'Datang Gaohong Scientific Research and Industrial Development Base Project' and has received the full **950 million CNY** in debt repayment and compensation[303](index=303&type=chunk) - The company initiated a non-public offering of shares plan for 2020, intending to raise no more than **1.25 billion CNY**, with the application accepted and approved by the China Securities Regulatory Commission[304](index=304&type=chunk) - The company injected **200 million CNY** each into its wholly-owned subsidiaries Gaohong Data and Gaohong Dingheng to support business development[307](index=307&type=chunk) [Share Changes and Shareholder Information](index=79&type=section&id=第六节%20股份变动及股东情况) This section details changes in the company's share capital structure, provides an overview of its shareholder base, and identifies the controlling shareholder and ultimate beneficial owner [Share Change Status](index=79&type=section&id=一、股份变动情况) During the reporting period, the company's total share capital of **907,629,867 shares** remained unchanged; the share structure changed, with restricted shares decreasing by **7,783,584 shares** due to the listing of shares from equity division reform, the lifting of restrictions on non-publicly issued shares, and the departure of senior executives; correspondingly, unrestricted shares increased by the same amount - During the reporting period, the total share capital of **907,629,867 shares** remained unchanged, with restricted shares decreasing by **7.78 million shares** and converting to unrestricted shares[314](index=314&type=chunk) [Shareholders and Actual Controller Information](index=81&type=section&id=三、股东和实际控制人情况) As of the end of the reporting period, the total number of ordinary shareholders was **73,852**; the controlling shareholder is China Academy of Telecommunication Research Co., Ltd., with a **12.81%** stake; the actual controller is the State-owned Assets Supervision and Administration Commission of the State Council; among the top ten shareholders, besides the controlling shareholder and its concerted parties, the rest are natural person shareholders Top Ten Shareholder Holdings | Shareholder Name | Shareholder Type | Shareholding Percentage | Shares Held at Period-End | | :--- | :--- | :--- | :--- | | China Academy of Telecommunication Research Co., Ltd. | State-owned Legal Entity | 12.81% | 116.24 million | | Zeng Dongwei | Domestic Natural Person | 1.35% | 12.22 million | | Ma Shilie | Domestic Natural Person | 0.67% | 6.07 million | | Chen Guangnan | Domestic Natural Person | 0.48% | 4.38 million | | Liu Wentao | Domestic Natural Person | 0.47% | 4.25 million | | Datang Gaoxin Venture Capital Co., Ltd. | State-owned Legal Entity | 0.45% | 4.05 million | | Ye Jun | Domestic Natural Person | 0.44% | 4.00 million | | Liu Xuchun | Domestic Natural Person | 0.44% | 3.96 million | | Zhang Shengjun | Domestic Natural Person | 0.42% | 3.86 million | | Zhou Shu | Domestic Natural Person | 0.41% | 3.73 million | - The company's controlling shareholder is China Academy of Telecommunication Research Co., Ltd., and the actual controller is the State-owned Assets Supervision and Administration Commission of the State Council[323](index=323&type=chunk)[327](index=327&type=chunk) [Directors, Supervisors, Senior Management, and Employees](index=87&type=section&id=第九节%20董事、监事、高级管理人员和员工情况) This section provides information on the company's board, supervisory board, senior management, including their shareholdings and changes, as well as a profile of the overall employee structure [Changes in Shareholdings of Directors, Supervisors, and Senior Management](index=87&type=section&id=一、董事、监事和高级管理人员持股变动) During the reporting period, the total number of shares held by current and former directors, supervisors, and senior management did not change, totaling **3,656,116 shares** at period-end; the company completed the re-election of its board of directors and appointed a new deputy general manager during the reporting period - During the reporting period, there were no changes in the shareholdings of directors, supervisors, and senior management, with a total of **3,656,116 shares** held at period-end[338](index=338&type=chunk)[341](index=341&type=chunk) - The company completed its board re-election, appointed new independent directors, and appointed Mr. Bi Haizhou as Deputy General Manager; some directors and Deputy General Manager Mr. Hou Yucheng resigned due to the expiration of their terms[342](index=342&type=chunk) [Company Employee Information](index=94&type=section&id=五、公司员工情况) As of the end of the reporting period, the company had a total of **1,173** active employees; in terms of professional composition, technical and sales personnel are the main groups, accounting for **43.14%** and **40.32%** respectively; regarding educational background, employees with bachelor's degrees or higher account for over **77%**, with master's and doctoral degrees accounting for approximately **20%**; the company's remuneration policy is based on job value combined with performance appraisal, and it continuously provides employee training through a combination of online and offline methods Employee Professional Category | Professional Category | Number of Employees | | :--- | :--- | | Production Personnel | 0 | | Sales Personnel | 473 | | Technical Personnel | 506 | | Financial Personnel | 66 | | Administrative Personnel | 83 | | Management Personnel | 45 | | **Total** | **1,173** | [Corporate Governance](index=97&type=section&id=第十节%20公司治理) This section describes the company's governance framework, its adherence to regulatory requirements, and the effectiveness of its internal control systems [Overview of Corporate Governance](index=97&type=section&id=一、公司治理的基本状况) The company strictly adheres to the requirements of laws and regulations such as the 'Company Law' and 'Securities Law', maintaining a sound and standardized corporate governance structure; the company is completely separate from its controlling shareholder in terms of business, personnel, assets, organization, and finance, maintaining independent operating capabilities; during the reporting period, there were no significant differences between the company's actual corporate governance status and the relevant regulations of the China Securities Regulatory Commission - The actual corporate governance status of the company does not materially differ from the normative documents on corporate governance for listed companies issued by the China Securities Regulatory Commission[373](index=373&type=chunk) - The company is completely separate from its controlling shareholder in terms of business, personnel, assets, organization, and finance, possessing independent and complete business operations and autonomous operating capabilities[374](index=374&type=chunk) [Internal Control Status](index=100&type=section&id=九、内部控制情况) The company conducted a self-assessment of its internal controls, and Zhong Shen Asia Pacific Certified Public Accountants issued a standard unqualified audit opinion on internal controls; the report concluded that as of December 31, 2020, the company maintained effective internal controls over financial reporting in all material respects; the total assets and operating revenue of the units included in the evaluation scope accounted for **88.31%** and **96.69%** of the consolidated statements, respectively; no material weaknesses in internal control were identified during the reporting period - The accounting firm issued a standard unqualified audit opinion on the company's internal control over financial reporting for 2020[395](index=395&type=chunk) - No material weaknesses or significant deficiencies related to financial or non-financial reporting were identified during the reporting period[389](index=389&type=chunk)[394](index=394&type=chunk) [Financial Report](index=104&type=section&id=第十二节%20财务报告) This section presents the independent auditor's report and the company's complete audited financial statements, including balance sheets, income statements, and cash flow statements [Audit Report](index=104&type=section&id=一、审计报告) Zhong Shen Asia Pacific Certified Public Accountants issued a standard unqualified audit opinion on the company's 2020 financial statements; the auditors believe that the financial statements fairly reflect the company's financial position and operating results; key audit matters include goodwill impairment, allowance for doubtful accounts, and revenue recognition, for which the auditors have performed sufficient audit procedures - The audit opinion is a standard unqualified opinion[401](index=401&type=chunk) - Key audit matters include: - **Goodwill Impairment**: Considered a key audit matter due to the significant judgments and assumptions involved in future cash flow projections for impairment testing - **Allowance for Doubtful Accounts**: Accounts receivable constitute a high proportion of total assets (**38.72%**), and determining the allowance for doubtful accounts requires significant management judgment and estimation - **Revenue Recognition**: Revenue is a key performance indicator, and there is an inherent risk of management manipulating the timing of revenue recognition[404](index=404&type=chunk)[407](index=407&type=chunk)[411](index=411&type=chunk)[416](index=416&type=chunk) [Financial Statements](index=109&type=section&id=二、财务报表) This chapter provides the company's consolidated and parent company financial statements for 2020, including the balance sheet, income statement, cash flow statement, and statement of changes in owners' equity, accompanied by detailed accounting policies, accounting estimates, and notes to the financial statement items Consolidated Balance Sheet Summary (December 31, 2020) | Item | Period-End Balance (CNY) | Year-Start Balance (CNY) | | :--- | :--- | :--- | | Total Assets | 9.999 billion | 9.33 billion | | Total Liabilities | 6.31 billion | 5.42 billion | | Total Equity Attributable to Parent Company Owners | 3.17 billion | 3.32 billion | Consolidated Income Statement Summary (2020) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 7.02 billion | 11.41 billion | | Total Operating Costs | 7.11 billion | 11.54 billion | | Total Profit | -135.95 million | 33.76 million | | Net Profit | -139.86 million | 20.54 million | | Net Profit Attributable to Parent Company Shareholders | -121.61 million | 23.12 million | Consolidated Cash Flow Statement Summary (2020) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -208.32 million | -774.32 million | | Net Cash Flow from Investing Activities | 260.15 million | 519.33 million | | Net Cash Flow from Financing Activities | 417.30 million | -950.28 million | | Net Increase in Cash and Cash Equivalents | 469.08 million | -1.21 billion |

大唐高鸿数据网络技术股份有限公司 2020 年第三季度报告全文 大唐高鸿数据网络技术股份有限公司 2020 年第三季度报告 2020-086 2020 年 10 月 1 大唐高鸿数据网络技术股份有限公司 2020 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：保证季度报告中财务报表的真实、准确、完整。 2 大唐高鸿数据网络技术股份有限公司 2020 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------------------|----------------------- ...

大唐高鸿数据网络技术股份有限公司 2020 年半年度报告全文 大唐高鸿数据网络技术股份有限公司 2020 年半年度报告 2020-055 2020 年 08 月 1 大唐高鸿数据网络技术股份有限公司 2020 年半年度报告全文 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、高级管理人员保证半年度报告内容的 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：保证本半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。 本报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请 投资者注意投资风险。 | --- | --- | |---------------------------------|------------------------------------------------------------------| | | | | | 公司已在本报告中详细描述可能存在的相关风险，敬请投资者关注本报告 | | 的第四节 " 经营 ...

大唐高鸿数据网络技术股份有限公司 2020 年第一季度报告全文 大唐高鸿数据网络技术股份有限公司 2020 年第一季度报告 2020-035 2020 年 04 月 1 大唐高鸿数据网络技术股份有限公司 2020 年第一季度报告全文 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：保证季度报告中财务报表的真实、准确、完整。 2 大唐高鸿数据网络技术股份有限公司 2020 年第一季度报告全文 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------- ...

大唐高鸿数据网络技术股份有限公司 2019 年年度报告全文 大唐高鸿数据网络技术股份有限公司 2019 年年度报告 2020-024 2020 年 04 月 1 大唐高鸿数据网络技术股份有限公司 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：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。 本年度报告内容涉及的未来计划、规划等前瞻性陈述，因存在不确定性， 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策略，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 907,629,867 为基数，向 全体股东每 10 股派发现金红利 0.2 元（含税），送红股 0 股（含税），不以 ...

大唐高鸿数据网络技术股份有限公司 2019 年第三季度报告全文 大唐高鸿数据网络技术股份有限公司 2019 年第三季度报告 2019-093 2019 年 10 月 1 大唐高鸿数据网络技术股份有限公司 2019 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：保证季度报告中财务报表的真实、准确、完整。 2 大唐高鸿数据网络技术股份有限公司 2019 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|--------- ...

大唐高鸿数据网络技术股份有限公司 2019 年半年度报告全文 大唐高鸿数据网络技术股份有限公司 2019 年半年度报告 2019-075 2019 年 08 月 1 大唐高鸿数据网络技术股份有限公司 2019 年半年度报告全文 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、高级管理人员保证半年度报告内容的 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。 公司负责人付景林、主管会计工作负责人丁明锋及会计机构负责人(会计主 管人员)张锐声明：保证本半年度报告中财务报告的真实、准确、完整。 除下列董事外，其他董事亲自出席了审议本次半年报的董事会会议 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 曹秉蛟 董事 外地出差 李群 本报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请 投资者注意投资风险。 公司已在本报告中详细描述可能存在的相关风险，敬请投资者关注本报告 的第四节"经营情况讨论与分析"中描述本公司可能面对的风险因素及应对策略 的相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 大唐高鸿数据网 ...

证券代码：000851 证券简称：高鸿股份 公告编号：2019-054 债券代码：112324 债券简称：16 高鸿债 | --- | --- | |------------------------------------------------------------------------|-------| | | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、 | | | 误导性陈述或者重大遗漏。 | | 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资计 划、股权激励、可持续发展等投资者所关心的问题，公司定于 2019 年 6 月 5 日下午 14:00-17:00 参加由贵州证监局主办，贵州证券业协会、深圳市全景网络有限公司 协办的主题为"股东来了——构建和谐投资者关系"2019 年贵州上市公司投资者网 上集体接待日活动。现将有关事项公告如下： 本次集体接待日网上交流网址：投资者可以登录 http://rs.p5w.net 进入专区 页面参与交流。 出席本次集体接待日的人员有：公司副总经理兼财务总监兼董事会秘书丁明锋 先生。 欢迎广大投资者积极参与。 ...

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,040,821,462.88, representing a decrease of 13.76% compared to ¥2,366,555,531.23 in the same period last year[8]. - The net profit attributable to shareholders was -¥20,220,876.07, a significant decline of 2,801.05% from a profit of ¥748,631.39 in the previous year[8]. - Basic earnings per share were -¥0.0229, a decrease of 2,962.50% from ¥0.0012 in the previous year[8]. - The net profit for the current period was a loss of ¥21,158,048.86, compared to a loss of ¥2,488,543.47 in the previous period, indicating a significant decline in profitability[63]. - The net loss attributable to the parent company is CNY -20,239,983.42, compared to a profit of CNY 748,631.39 in the previous period, indicating a significant decline in profitability[67]. - The company reported a total comprehensive income of CNY -21,177,156.21, compared to CNY -2,488,543.47 in the previous period, showing a worsening financial position[67]. Cash Flow - The net cash flow from operating activities was -¥564,490,216.75, showing an improvement of 44.80% compared to -¥1,022,637,497.39 in the same period last year[8]. - Cash received from financing activities increased by 100.00% to ¥150 million, reflecting an increase in internal loans from the controlling shareholder[27]. - The net cash flow from operating activities is CNY -564,490,216.75, an improvement from CNY -1,022,637,497.39 in the previous period, indicating a reduction in cash outflow[79]. - The company has a significant cash outflow in operating activities, totaling CNY 4,620,254,730.59, compared to CNY 8,000,971,842.46 in the previous period, indicating a need for improved cash management[79]. - The financing activities resulted in a cash inflow of CNY 285,002,350.00, down from CNY 633,572,845.65 in the previous period, indicating a decrease in financing activities[79]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,238,257,253.19, an increase of 5.70% from ¥8,740,109,584.87 at the end of the previous year[8]. - Total liabilities increased to CNY 5,340,331,220.12, up 10.7% from CNY 4,825,528,423.46[46]. - The company's total assets decreased to ¥4,347,889,369.69 from ¥4,688,015,312.10, representing a reduction of approximately 7.26%[59]. - Total liabilities decreased to ¥1,298,305,263.28 from ¥1,625,288,400.45, a decline of about 20.09%[59]. - The total equity of the company was reported at ¥3,049,584,106.41, down from ¥3,062,726,911.65, reflecting a decrease of approximately 0.43%[59]. Research and Development - The company's R&D expenses decreased by 43.12% to ¥5,859,211.50 from ¥10,301,859.16 in the previous year[21]. - Research and development expenses for the current period were ¥5,859,211.50, down from ¥10,301,859.16, indicating a reduction of about 43.06%[60]. - Research and development expenses are not explicitly stated but are included in the management expenses of CNY 1,845,905.03, which increased from CNY 1,765,161.27 in the previous period[68]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 76,329[12]. - The top shareholder, Telecom Science and Technology Research Institute, held 12.81% of the shares, totaling 116,244,499 shares[12]. Inventory and Receivables - Accounts receivable increased by 38.38% to ¥2.47 billion, attributed to sales and enterprise information technology business not yet reaching the payment period[23]. - Inventory rose by 65.49% to ¥2.15 billion, driven by increased stock for sales and enterprise information technology business[23]. - Accounts payable increased by 87.93% to ¥2.25 billion, due to increased note settlements for sales business stock and unpaid amounts[23]. Government Subsidies - The company received government subsidies amounting to ¥720,000.00 during the reporting period[8]. Future Plans - The company plans to transfer 100% equity of Jiangsu Gao Hong Ding Heng Information Technology Co., Ltd., pending evaluation and board approval[28]. - The company plans to focus on market expansion and new product development to improve future performance, although specific figures were not provided in the report[60].