Financial Performance - The company's operating revenue for 2021 was ¥235,133,888.81, representing a 48.04% increase compared to ¥158,832,259.09 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥4,720,463.52, a significant turnaround from a loss of ¥273,895,894.63 in 2020, marking a 101.72% improvement[21]. - The net cash flow from operating activities improved to ¥2,844,634.33 in 2021 from a negative cash flow of ¥347,317,840.40 in 2020, indicating a 100.82% increase[21]. - The company reported a basic earnings per share of ¥0.0034 for 2021, compared to a loss of ¥0.1992 per share in 2020, reflecting a 101.71% improvement[21]. - The total revenue for the communication network products reached CNY 35,926,592.63, representing a year-on-year increase of 29.11%[56]. - The total revenue for the IDC data center segment was CNY 80,905,060.79, showing a year-on-year growth of 36.17%[56]. - The total revenue for lithium battery materials products amounted to CNY 41,918,000.32, reflecting a significant year-on-year increase of 97.80%[56]. - The company reported a total of ¥67,840,284.28 in non-recurring gains for the year, despite facing challenges in its core operations[27]. Business Operations - The company reported its main business activities have not changed since its listing[19]. - The company has no changes in its controlling shareholders since its listing[19]. - The company is focusing on core business areas by divesting non-core assets, aiming to enhance operational efficiency and profitability[39]. - The company has successfully entered the electric vehicle supply chain, with its investments in electric logistics vehicle and lithium battery companies showing positive market trends[39]. - The company has established a data center with over 2,500 cabinets, achieving a leasing efficiency of over 90%, generating nearly ¥150 million in annual revenue[37][43]. - The company is positioned to benefit from the rapid growth in the data center industry, which is expected to see significant market demand due to national policies promoting digital infrastructure[31]. - The company has completed the construction of its lithium battery pack production platform, with four production lines capable of processing 800 sets per day, potentially generating daily revenue of ¥480,000[38]. Market Trends - The lithium-ion battery production in China reached 324GWh in 2021, a 106% year-on-year increase, driven by demand from the electric vehicle and energy storage sectors[32]. - The global energy storage battery shipment volume in 2021 was 66.3 GWh, marking a year-on-year growth of 132.6%[34]. - The global small battery shipment volume in 2021 was 125.1 GWh, reflecting a year-on-year increase of 16.1%[35]. - The European market for new energy vehicles saw sales of 2.26 million units in 2021, a year-on-year increase of 65.7%[33]. Financial Position - Total assets decreased by 12.38% to ¥1,878,933,011.06 at the end of 2021 from ¥2,144,339,171.58 at the end of 2020[21]. - The net assets attributable to shareholders decreased by 5.59% to ¥966,233,846.78 at the end of 2021 from ¥1,023,487,858.05 at the end of 2020[21]. - The company's total assets included cash and cash equivalents of ¥125,358,182.8, which accounted for 6.67% of total assets, down from 11.16%[70]. - Accounts receivable increased to ¥119,202,930.1, representing 6.34% of total assets, up from 4.26%[70]. - The company's inventory stood at ¥15,185,462.88, representing 0.81% of total assets, slightly up from 0.69%[70]. Corporate Governance - The company has a well-defined corporate governance structure, complying with regulations set by the China Securities Regulatory Commission[101]. - The company has a complete organizational structure with independent operational rules for its board of directors and supervisory board[103]. - The company has established an independent financial department with a separate accounting system and tax obligations, ensuring financial independence[104]. - The company has a complete and independent procurement system, not relying on controlling shareholders for material procurement[102]. - The company has a complete and independent sales network, ensuring no reliance on controlling shareholders for product sales[103]. Management and Leadership - Zhang Yibin serves as the chairman and president, with extensive experience in the telecommunications sector since 1985, including roles in various subsidiaries[109]. - The current management team includes professionals with backgrounds in finance, engineering, and academia, contributing to a well-rounded leadership[112][113]. - The company has maintained a stable management structure, with key executives holding their positions for several years, ensuring continuity in leadership[115]. - The company is focused on enhancing its product development capabilities, with a dedicated research and development team led by experienced professionals[112]. Employee and Training - The total number of employees at the end of the reporting period was 152, including 133 from the parent company and 19 from major subsidiaries[126]. - The professional composition of employees includes 57 production personnel, 15 sales personnel, 22 technical personnel, 15 financial personnel, and 43 administrative personnel[127]. - The company has established an annual training plan to enhance management levels and overall employee quality[129]. - The company has implemented a dynamic salary distribution mechanism based on individual work ability and performance, encouraging employees to contribute to the company's operations[128]. Related Party Transactions - The company reported a significant increase in related party transactions, with a total of 4,194.45 million in related party receivables compared to 2,431.1 million in the previous year[151]. - The company faced issues with related party transactions, failing to execute necessary decision-making and disclosure processes, with outstanding amounts as of December 31, 2021[138]. Future Plans - The company plans to continue strengthening and expanding its existing business in 2022, focusing on exploring new market opportunities and forming scale effects[84]. - The company aims to leverage its experience in the telecommunications industry to advance into higher-end products and services[85]. - The company is focused on enhancing its core competitiveness in the photovoltaic sector, which is expected to positively impact its sustainable operating capabilities and profitability[89].

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.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 新海宜科技集团股份有限公司 2022 年第一季度报告全文 证券代码：002089 证券简称：ST 新海 公告编号：2022-040 新海宜科技集团股份有限公司 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 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 48,727,150.89 | 46,607,552.20 | 4.55% | | 归属于上市公司股东的净利润（元） | 2,351,434.27 | -6,676, ...

Financial Performance - Revenue for Q3 2021 reached ¥70,476,132.16, an increase of 79.44% compared to the same period last year[3] - Net profit attributable to shareholders was ¥7,292,316.45, representing a growth of 115.84% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥525,801.16, up 101.10% from the previous year[3] - The company's basic earnings per share for Q3 2021 was ¥0.0053, an increase of 115.87% year-on-year[3] - The net loss attributable to shareholders for the year-to-date was ¥80,260,237.88, a decrease of 76.16% compared to the previous year[3] - The net profit attributable to shareholders increased by 76.16%, while the minority shareholders' profit surged by 1355.65%, primarily due to significant impairment losses on subsidiaries[11] - Total operating revenue for Q3 2021 was CNY 180,064,077.94, an increase of 46.5% compared to CNY 122,773,811.94 in the same period last year[22] - Total operating costs for Q3 2021 were CNY 199,058,773.70, up 14.9% from CNY 173,123,790.33 year-over-year[22] - Net loss for Q3 2021 amounted to CNY 122,644,451.43, compared to a net loss of CNY 48,473,079.14 in Q3 2020, representing a significant increase in losses[23] - The total comprehensive income attributable to the parent company was -80,260,237.88 CNY, compared to -45,561,369.35 CNY in the previous period, reflecting a significant decline[24] - The basic and diluted earnings per share were both -0.0584 CNY, worsening from -0.0331 CNY in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,855,396,763.11, a decrease of 13.47% from the end of the previous year[3] - The company's total assets decreased to CNY 1,855,396,763.11 from CNY 2,144,339,171.58, reflecting a decline of approximately 13.5%[21] - Total liabilities decreased to CNY 921,670,516.05 from CNY 1,087,968,473.09, a reduction of about 15.3%[20] - Long-term equity investments decreased to CNY 66,933,110.85 from CNY 164,008,693.20, a decline of 59.1%[19] - The company's retained earnings showed a negative balance of CNY -624,244,389.50, worsening from CNY -543,984,151.63 in the previous period[21] Cash Flow - Cash flow from operating activities for the year-to-date was ¥13,271,306.34, down 78.56% compared to the previous year[3] - Operating cash flow decreased by 4,863.59 million yuan, a decline of 78.56%, mainly due to a higher amount of notes received during the period[11] - The net cash flow from operating activities was 13,271,306.34 CNY, down from 61,907,198.98 CNY in the previous period, indicating a decrease of approximately 78.6%[26] - Cash inflow from operating activities totaled 144,374,387.39 CNY, while cash outflow was 131,103,081.05 CNY, resulting in a net cash inflow of 13,271,306.34 CNY[26] - The cash flow from investment activities generated a net inflow of 59,979,842.19 CNY, compared to 34,036,636.31 CNY in the previous period, showing an increase of approximately 76.3%[26] - The company raised 559,500,000.00 CNY through borrowings, significantly higher than the 55,000,000.00 CNY raised in the previous period[26] - The net cash flow from financing activities was -69,617,513.79 CNY, an improvement from -182,358,618.93 CNY in the previous period[26] - The ending balance of cash and cash equivalents was 19,583,606.33 CNY, compared to 12,127,630.82 CNY at the end of the previous period, indicating an increase[26] Shareholder Information - As of September 30, 2021, the total number of ordinary shareholders was 37,170, with no preferred shareholders[13] - The largest shareholder, Zhang Yibin, holds 18.05% of shares, with 186,102,079 shares pledged and 248,136,106 shares frozen[13] Investments and Restructuring - The company has invested approximately 530 million yuan in Shaanxi Tongjia Automobile Co., Ltd., which has resumed production and has a new model approved for production[15] - The company is undergoing a major asset restructuring involving the sale of a 17.86% stake in JIANGXI DIBIKE Co., Ltd. for 200 million yuan[16] Accounts Receivable and Inventory - Accounts receivable increased by ¥2,738.07 million, a growth of 30.01%, due to increased business activities[7] - Inventory rose by ¥709.55 million, up 47.91%, primarily due to increased raw material purchases[7] - Accounts receivable increased to CNY 118,628,144.68 from CNY 91,247,479.38, showing a growth of 30.1%[19] - Inventory rose to CNY 21,907,047.47, up from CNY 14,811,542.65, indicating a 47.5% increase[19] Financial Expenses - The company reported a significant increase in financial expenses, totaling CNY 25,668,743.97 compared to CNY 23,100,663.10 in the previous year[22]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥109,587,945.78, representing a 31.25% increase compared to ¥83,497,247.79 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was -¥87,552,554.32, a significant decrease of 18,463.89% from ¥476,764.84 in the previous year[19]. - The net cash flow from operating activities improved to ¥11,604,600.94, a 117.27% increase from -¥67,190,041.00 in the same period last year[19]. - The basic and diluted earnings per share were both -¥0.0637, a decline of 21,333.33% compared to ¥0.0003 in the same period last year[19]. - The weighted average return on net assets was -8.94%, down from 0.03% in the previous year[19]. - The company reported a net loss of ¥631,536,705.95 for the period, compared to a loss of ¥543,984,151.63 at the end of 2020[123]. - The net loss for the first half of 2021 was -37,491,373.87 CNY, compared to -22,922,416.51 CNY in the same period of 2020, indicating a significant increase in losses[134]. - The total comprehensive income for the first half of 2021 was -37,491,373.87 CNY, compared to -22,922,416.51 CNY in the same period of 2020[135]. Revenue Breakdown - The company's revenue for the reporting period reached ¥109,587,945.78, representing a year-on-year increase of 31.25%, primarily driven by the growth in IDC data center business[36]. - The communication manufacturing segment generated ¥66,889,544.94, accounting for 61.04% of total revenue, reflecting a 38.65% increase compared to the previous year[38]. - The revenue from new energy products surged by 233.11% year-on-year, amounting to ¥16,777,049.08, which constituted 15.31% of total revenue[38]. - The IDC data center segment generated ¥56,000,216.67 in revenue, with a year-on-year growth of 46.02% and a gross margin of 38.13%[39]. Asset and Liability Changes - Total assets decreased by 10.39% to ¥1,921,522,131.71 from ¥2,144,339,171.58 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company decreased by 8.55% to ¥935,935,303.73 from ¥1,023,487,858.05 at the end of the previous year[19]. - The company's cash and cash equivalents decreased by 3.30% to ¥151,049,263.20, compared to ¥239,372,605.94 at the end of the previous year[43]. - Accounts receivable increased by 1.57% to ¥112,047,687.60, up from ¥91,247,479.38 the previous year[43]. - Short-term borrowings rose significantly by 7.02% to ¥491,129,025.20, compared to ¥397,666,683.86 at the end of the last year[43]. Operational Efficiency - Operating cash flow improved to ¥11,604,600.94, a 117.27% increase from the previous year, due to a focus on core business and reduced payments for other projects[36]. - The company is actively improving its operational capabilities by focusing on core business, accelerating asset disposal, and enhancing liquidity management[75]. - The cash flow from operating activities showed a positive trend, indicating improved operational efficiency and cash generation capabilities[142]. Strategic Initiatives - The company plans to continue expanding its IDC business, having signed agreements to increase cabinet resources to 6,000 units in collaboration with China Telecom[32]. - The company plans to enhance cash flow and focus on innovation to maintain stable business development[56]. - The company is focusing on its core business and improving cash flow by disposing of idle equipment, which is expected to generate approximately RMB 55 million in cash flow[161]. Risks and Challenges - The company faced significant risks, which are detailed in the report, and investors are advised to read the risk section carefully[4]. - The ongoing COVID-19 pandemic continues to pose uncertainties for business operations[56]. - Talent retention is a significant concern due to rising human resource costs and competition for skilled professionals[56]. - The company faces intensified competition in traditional business, impacting profit margins[55]. Corporate Governance and Compliance - The company is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, with no conclusion reached yet[78]. - The company has not engaged in any non-compliance external guarantees during the reporting period[72]. - The company has no significant litigation or arbitration matters during the reporting period, with a total of 1,718.18 thousand yuan involved in minor cases[77]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,190[107]. - Zhang Yibin, the largest shareholder, holds 18.05% of the total shares, amounting to 248,136,106 shares[108]. - The total number of restricted shares held by the executives and major shareholders is 1,462,653[105]. Financial Management - The company plans to continue its strategy of capital investment and reserve management to enhance shareholder value[148]. - The company has provided a total of 1 billion yuan in entrusted loans to Shaanxi Tongjia, which was approved by the board of directors[71]. - The total amount of external guarantees provided by the company and its subsidiaries is 23,280.34 million RMB, accounting for 24.87% of the company's net assets[95].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[13]. - The company's operating revenue for 2018 was approximately ¥766.34 million, a decrease of 52.24% compared to the previous year[18]. - The net profit attributable to shareholders was a loss of approximately ¥512.51 million, representing an increase in loss of 178.35% year-over-year[18]. - The net cash flow from operating activities was negative at approximately ¥52.01 million, a decline of 129.18% compared to the previous year[18]. - The total assets of the company increased to 3 billion RMB, reflecting a solid financial position and capacity for future investments[13]. - The total assets at the end of 2018 were approximately ¥4.73 billion, an increase of 4.14% from the previous year[19]. - The net assets attributable to shareholders decreased by 29.40% to approximately ¥1.18 billion compared to the end of 2017[19]. - The company reported a basic and diluted earnings per share of -¥0.37 for 2018[18]. - The company reported a significant decline in operating cash flow, with a net cash flow from operating activities of -CNY 52,012,848.08, a decrease of 129.18% compared to the previous year[73]. - The company’s total assets and liabilities were impacted by significant impairment provisions, affecting net profit and cash flow[76]. Market Expansion and Strategy - The company has provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[13]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[13]. - The company has formed a strategic layout in the new energy electric vehicle industry, focusing on "complete vehicles as the leader and batteries as the supporting"[39]. - The company aims to enhance its market share in the electric logistics vehicle sector while maintaining its leading position in sales within the specialized vehicle industry[95]. - The company is actively exploring opportunities for market expansion and strategic partnerships in the renewable energy sector[154]. - The company is focused on expanding its market presence through strategic collaborations and investments in the new energy sector[159]. Research and Development - Investment in new product development increased by 30%, with a focus on innovative technologies in the energy sector[13]. - The company has increased its R&D investment in the electric logistics vehicle and battery sectors, enhancing its competitive edge[44]. - The company focused on quantum encryption technology and high-performance LED research as part of its R&D strategy[72]. - The number of R&D personnel increased by 56.41% to 122, representing 26.99% of the workforce[73]. - The company is committed to increasing its R&D investment in LED technology to maintain competitive advantages in the LED chip industry[98]. Subsidiaries and Investments - The company has invested in various subsidiaries focusing on electric vehicle batteries and related technologies[30]. - The company recognized impairment losses on long-term equity investments in its subsidiaries, including Shaanxi Tongjia and Jiangxi Dibeike, due to policy changes in the new energy vehicle sector, leading to substantial financial pressure[91]. - The company’s investment in Shaanxi Tongjia resulted in a net loss of approximately 537.27 million yuan, reflecting the impact of industry policy changes[91]. - The company’s total revenue from its subsidiaries and investments indicates a need for strategic adjustments in response to market conditions[91]. - The overall financial condition of the company has been significantly affected by the performance of its major subsidiaries, necessitating a focus on operational improvements[91]. Risk Management - The company has identified key risks, including market competition and regulatory changes, which may impact future performance[4]. - The company plans to continue monitoring market trends and adjust its strategies accordingly to mitigate risks associated with its investments[91]. Profit Distribution and Shareholder Returns - No cash dividends will be distributed to shareholders this year, as the company aims to reinvest profits into growth initiatives[5]. - The company plans to enhance shareholder returns through a share repurchase program, reflecting confidence in future growth[50]. - The company maintains a stable profit distribution policy, ensuring cash dividends are not less than 10% of the distributable profits of the parent company each year[111]. - The company has a clear three-year shareholder return plan, emphasizing cash dividends as the primary method of profit distribution[116]. - The company’s cash dividend policy aligns with regulatory requirements and emphasizes sustainable development alongside reasonable investor returns[113]. Operational Challenges - The company has maintained a strong internal control system, although some deficiencies were noted in the audit report[4]. - The company has taken measures to address the financial challenges faced by its subsidiaries, including impairment provisions and strategic reviews[91]. - The company is actively working on resolving issues related to bad debt provisions and asset impairment losses for Shaanxi Tongjia[124]. Legal and Compliance - The company is involved in a lawsuit concerning a compensation payment of 233.17 million yuan, with a court application for asset preservation filed on April 3, 2018[147]. - The audit report issued by Da Xin Accounting Firm contains a qualified opinion due to insufficient evidence regarding the financial status and operating results of Jiangxi Dibi Ke[136]. - The board of directors agrees with the qualified opinion from Da Xin Accounting Firm and emphasizes the importance of addressing the issues raised[138]. Lease Agreements - The company signed multiple lease agreements with various companies, with monthly rents ranging from 9 to 25 RMB per square meter, for properties in Suzhou Industrial Park[164][165][166]. - The company has a lease with Shenzhen Pudong Development Bank for 684 square meters at a monthly rent of 272,916 CNY, with a lease term of 5 years[190]. - The company has multiple lease agreements with various tenants in Shenzhen, with monthly rents ranging from 25,500 CNY to 538,805 CNY, covering areas from 108 square meters to 2,143.65 square meters[190][191][192][193][194][195][196].

新海宜科技集团股份有限公司 2021 年第一季度报告全文 新海宜科技集团股份有限公司 2021 年第一季度报告 2021 年 04 月 1 新海宜科技集团股份有限公司 2021 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。 公司负责人张亦斌、主管会计工作负责人奚方及会计机构负责人(会计主管 人员)周新喜声明：保证季度报告中财务报表的真实、准确、完整。 2 新海宜科技集团股份有限公司 2021 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 对公司根据《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》定义界定的非经常性损益项目，以及把《公 开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益项目界定为经常性损益的项目，应 说明原因 □ 适用 √ 不适用 公司报告期不存在将根据《公开发行证券的公司信息披露解释性公告第 ...

Financial Performance - The company reported a significant decline in revenue for 2019, with total revenue of RMB 1.2 billion, representing a decrease of 15% compared to the previous year[13]. - The net loss for the year was RMB 300 million, which is a substantial increase from the net loss of RMB 100 million in 2018, indicating a worsening financial position[13]. - The company's operating revenue for 2019 was approximately ¥766.34 million, a decrease of 65.41% compared to the previous year[18]. - The net profit attributable to shareholders was approximately ¥-512.51 million, representing a decline of 60.91% year-over-year[18]. - The total assets at the end of 2019 were approximately ¥4.73 billion, a decrease of 45.90% compared to the previous year[19]. - The net cash flow from operating activities was approximately ¥-181.33 million, a decline of 248.63% year-over-year[18]. - The company reported a total revenue of 60,984.68 million in the current period, compared to 68,935.15 million in the previous period, indicating a decrease of approximately 12.5%[109]. - The company reported a net asset ratio of 69.88% at the end of the period, reflecting its financial stability[109]. Strategic Focus and Development - The company plans to focus on expanding its market presence in the renewable energy sector, aiming for a 20% increase in market share by 2021[13]. - New product development efforts are underway, with an investment of RMB 50 million allocated for R&D in smart technology solutions[13]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach, with a target completion date set for mid-2020[13]. - The company is focusing on the research, development, and sales of communication products, gradually divesting non-core businesses[30]. - The company plans to expand its focus on communication products, IDC services, and lithium battery materials[30]. - The company aims to enhance its competitive advantage by increasing investment in technology and R&D in the communication sector[41]. - The company plans to focus on the IDC business, which is expected to provide more stable revenue and higher gross margins, following a strategic cooperation agreement with Suzhou Telecom for 6,000 cabinets[112]. Market Trends and Opportunities - The IDC market in China has been growing rapidly, with a projected increase in cabinet numbers from 203.4 million in 2018 to approximately 326.7 million by 2020, indicating a strong growth trend[40]. - The IDC market in China is projected to grow from ¥150 billion in 2019 to over ¥320 billion by 2022, reflecting a compound annual growth rate of 28.8%[47]. - The company aims to leverage the growth of 5G infrastructure to enhance its IDC business and drive overall revenue recovery[45]. - The company has identified a strong demand for data centers driven by the rapid growth of mobile internet, big data, and artificial intelligence[48]. Revenue Breakdown - The company's total revenue for 2019 was approximately ¥265 million, a decrease of 65.41% compared to ¥766 million in 2018[50]. - Revenue from the communication manufacturing sector dropped by 75.79% to ¥122 million, down from ¥505 million in 2018[51]. - IDC data center revenue increased by 129.13% to ¥62 million, compared to ¥27 million in the previous year[52]. - The revenue from lithium battery materials surged by 153.13% year-over-year, totaling approximately 18.52 million, with a gross margin of 1.63%[54]. Cash Flow and Investments - The net cash flow from financing activities was -618,901,391.35 CNY, a decrease of 1,381.73% compared to the previous year[68]. - Investment cash inflow increased significantly by 639.64% to 863,842,536.07 CNY[68]. - The company aims to recover approximately 1.6 billion from the sale of equity in Yisibo by the end of the year, which will improve liquidity[113]. - The company is actively pursuing asset disposals and the recovery of receivables to enhance liquidity and resource allocation[113]. Dividend Policy and Shareholder Returns - The company emphasizes a stable profit distribution policy, prioritizing cash dividends when conditions allow[92]. - The company plans to distribute cash dividends annually, with a minimum of 10% of the distributable profits from the parent company[97]. - The board emphasizes a clear and transparent profit distribution mechanism to protect minority shareholders' rights[98]. - The company has not distributed cash dividends for the years 2017, 2018, and 2019, despite having positive distributable profits[101][102]. Compliance and Governance - The company has been under special treatment for delisting risk since May 6, 2019, due to consecutive years of negative audited net profit in 2017 and 2018[136]. - The company faced administrative penalties related to financial misconduct by its actual controller and senior management, requiring corrective actions[139]. - The company has implemented corrective measures following regulatory penalties, indicating a focus on compliance and governance[139]. Asset Management and Leasing - The company has entered into multiple leasing agreements, with monthly rents ranging from 9 CNY to 25 CNY per square meter, for various properties in Suzhou[154][155][156][157][158][159][160]. - The company has a total of 1,496.9 million yuan in related transactions reported[146]. - The company has no leasing projects that contributed to profits exceeding 10% of the total profit for the reporting period[94]. Related Party Transactions - The total approved external guarantee amount during the reporting period was CNY 20,000 million, with actual guarantees amounting to CNY 17,947.37 million[197]. - The balance of guarantees provided to shareholders, actual controllers, and their related parties was CNY 17,947.37 million[197]. - There were no violations regarding external guarantees during the reporting period[198].

Financial Performance - The company reported a total revenue of RMB 1.5 billion for the year 2020, representing a year-on-year increase of 10%[14]. - The net profit attributable to shareholders was RMB 200 million, which is a decrease of 5% compared to the previous year[14]. - The company's operating revenue for 2020 was ¥158,832,259.09, a decrease of 40.07% compared to ¥265,043,822.18 in 2019[18]. - The net profit attributable to shareholders was -¥273,895,894.6, representing a decline of 476.14% from ¥63,236,143.78 in the previous year[18]. - The total operating revenue for 2020 was ¥158,832,259.09, a decrease of 40.07% compared to ¥265,043,822.18 in 2019[46]. - The company reported a basic and diluted earnings per share of -¥0.1992, down 475.85% from ¥0.05 in 2019[18]. - The company's net profit attributable to ordinary shareholders in 2020 was -273,895,894.6, resulting in a cash dividend ratio of 0.00%[95]. - The company reported a net profit of 393 million yuan for the years 2016-2018, with a commitment to achieve this target or face compensation obligations[98]. - The company reported a net profit of 57,544,763.12 yuan for the year 2019, adjusted from 56,204,893.02 yuan due to prior period corrections[110]. User Growth and Market Expansion - User data showed an increase in active users by 15%, reaching a total of 1.2 million active users by the end of 2020[14]. - The company plans to invest RMB 300 million in research and development for new technologies and products in 2021[14]. - Future guidance indicates an expected revenue growth of 12% for 2021, targeting RMB 1.68 billion[14]. - The company has initiated a market expansion strategy focusing on Southeast Asia, aiming to increase market share by 20% in the region[14]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[178]. Research and Development - The company plans to increase investment in data centers to leverage its existing resources and meet the growing demand for cloud computing and data storage[40]. - Research and development expenses decreased by 46.30%, from 14,559,656.12 yuan in 2019 to 7,817,883.75 yuan in 2020[60]. - Research and development expenses increased by 20% to 300 million RMB, focusing on AI and machine learning technologies[178]. Strategic Initiatives - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market presence[14]. - A strategic acquisition of a local tech firm was announced, expected to close by Q2 2021, which will enhance the company's technological capabilities[178]. - The company has strategically divested from non-core assets, including the sale of Jiangxi Dibi Ke Co., Ltd. shares, to focus on its main business and improve cash flow[39]. - The company aims to strengthen its competitive position by consolidating resources and focusing on its core business in telecommunications and data centers[36]. Operational Efficiency - The company has established partnerships with three new suppliers to improve supply chain efficiency and reduce costs by 8%[14]. - The company has increased its data center capacity by 500 cabinets in 2020, bringing the total to 2,500 cabinets, with a leasing efficiency of over 80%[28]. - The annual revenue from the data center business exceeded ¥100 million, providing stable cash flow for the company[30]. - The total costs for IDC data centers increased by 39.48%, from 42,597,995.38 yuan in 2019 to 59,415,921.10 yuan in 2020[56]. Governance and Compliance - The company adheres to strict governance practices, ensuring compliance with relevant laws and regulations, and maintaining transparency in operations[189]. - The company has a shareholder meeting as its highest authority, ensuring fair treatment of all investors, especially minority shareholders[189]. - The audit committee held 5 meetings during the reporting period to review financial reports and internal control systems[199]. - The company’s governance structure aligns with the regulatory requirements set by the China Securities Regulatory Commission[192]. Employee Management - The total number of employees in the company is 163, with 65 in production, 17 in sales, 28 in technology, 16 in finance, and 37 in administration[184]. - The company has implemented a dynamic compensation mechanism based on individual performance and contributions to encourage employee productivity[185]. - The company has established a performance evaluation system that links employee income to corporate performance, promoting transparency in recruitment[191]. Financial Challenges - Significant risks identified include market competition and regulatory changes, with strategies in place to mitigate these risks[4]. - The company faced regulatory scrutiny, receiving a public reprimand from the Shenzhen Stock Exchange in 2020 for compliance issues[179]. - The company has reported a financial assistance amount of 45.63 million yuan to Shaanxi Tongjia during the reporting period[102]. Shareholder and Equity Changes - The controlling shareholder intends to transfer 24.34% of the company's total equity to Suzhou Henghao Investment Co., Ltd. as per the share transfer agreement signed on September 12, 2020[146]. - The company sold its 17.86% stake in Dibico, as announced in the relevant disclosure[147]. - The total number of shareholders at the end of the reporting period was 43,835, an increase from 41,571 at the end of the previous month[157].

Financial Performance - The company reported a significant increase in revenue for 2018, reaching RMB 1.5 billion, representing a growth of 20% compared to the previous year[13]. - The net profit for the year was RMB 200 million, which is a 15% increase year-over-year[13]. - The company's operating revenue for 2018 was approximately ¥766.34 million, a decrease of 52.24% compared to the previous year[18]. - The net profit attributable to shareholders was approximately -¥512.51 million, representing an increase in loss of 178.35% year-over-year[18]. - The company reported a basic and diluted earnings per share of -¥0.37 for 2018[18]. - The net cash flow from operating activities was -¥52.01 million, a decline of 129.18% compared to the previous year[18]. - The company reported non-recurring gains of approximately ¥274.28 million for 2018, significantly higher than the previous year[25]. - The total revenue for communication network products decreased by 4.21% to CNY 82,637,412.83 in 2018, compared to CNY 86,270,766.49 in 2017[66]. - The total revenue from system engineering income dropped by 74.05% to CNY 2,063,214.61, reflecting a substantial decline in this segment[66]. User Growth and Market Expansion - User data showed an increase in active users by 30%, reaching a total of 1 million users by the end of 2018[13]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2020[13]. - The company has established strategic partnerships in the "new energy" sector with several firms, focusing on electric vehicle sales and core components development[50]. - The company is actively integrating resources to prepare for future developments in both "new energy" and "big communication" sectors[49]. Research and Development - New product development includes the launch of a smart energy management system, expected to generate an additional RMB 100 million in revenue in 2019[13]. - The company has allocated RMB 50 million for research and development in new technologies for the upcoming fiscal year[13]. - The company has increased R&D investment in electric logistics vehicles and related power batteries, enhancing its competitive edge[45]. - Research and development expenses decreased by 30.39% to CNY 37,479,533.94, while the number of R&D personnel increased by 56.41% to 122[74]. Risks and Challenges - The company is facing risks related to market competition and regulatory changes, which are detailed in the risk assessment section of the report[4]. - The company is facing policy risks in the LED lighting industry due to the gradual removal of government subsidies[97]. - The company is addressing market competition risks in the LED industry by increasing technology and R&D investments to establish competitive advantages[99]. Subsidiary Performance - The company reported a significant decline in net profit for its subsidiary Suzhou Xinajing Optoelectronics, with a net loss of approximately 253.66 million yuan due to market fluctuations in the LED industry[92]. - The subsidiary Shenzhen Yisi Bo Software Technology recorded a net loss of approximately 8.72 million yuan, indicating challenges in its software development and sales operations[92]. - The company has recognized impairment losses on long-term equity investments in its subsidiaries due to continuous losses, particularly in Shaanxi Tongjia and Jiangxi Dibeike, affected by policy changes in the new energy vehicle sector[92]. - The overall financial condition of the company has been significantly influenced by the performance of its major subsidiaries, with some contributing over 10% to the net profit[91]. Profit Distribution and Shareholder Returns - No cash dividends will be distributed to shareholders for the year, as the company aims to reinvest profits into growth initiatives[5]. - The company maintains a continuous and stable profit distribution policy, ensuring that cash dividends are prioritized when conditions allow[111]. - The annual cash dividend distribution must not be less than 10% of the distributable profits of the parent company, barring special circumstances[112]. - The company has a three-year shareholder return plan (2018-2020) that emphasizes cash dividends as the primary form of profit distribution[114]. Asset Management and Investments - The total assets at the end of 2018 were approximately ¥4.73 billion, an increase of 4.14% from the previous year[19]. - The company has invested in various subsidiaries, including those specializing in electric logistics vehicles and lithium-ion battery production[30][31]. - The company has made significant investments in lithium carbonate projects, aiming to secure 100% ownership of the Moblan lithium mine project[50]. - The company has established a strategic layout in the new energy electric vehicle industry, forming a supply chain with "complete vehicles as the leader and batteries as the supporting" structure[40]. Leasing and Rental Agreements - The company signed multiple leasing contracts with various companies, with monthly rents ranging from 9 to 25 RMB per square meter, for properties in Suzhou Industrial Park[165][166][168][170]. - The company has a total of 19 leasing contracts with different companies, indicating a diversified rental income stream[170]. - The rental income from the leases contributes significantly to the company's revenue stream, with some agreements extending up to 12 years[191][197]. - The company is actively expanding its leasing portfolio in Shenzhen, with a focus on technology and service sectors[192][196]. Legal and Compliance Issues - The company is involved in a lawsuit regarding a performance compensation payment of 233.17 million yuan, with a court application for asset preservation filed on April 3, 2018[148]. - The audit report issued by Da Xin Accounting Firm contained a qualified opinion due to insufficient evidence regarding the financial status and operating results of Jiangxi Dibi Ke[137]. - The company is actively negotiating with relevant parties regarding performance compensation matters related to Jiangxi Dibike[131].

Financial Performance - The company reported a total revenue of RMB 1.5 billion for the year 2017, representing a year-on-year increase of 12%[12]. - The net profit attributable to shareholders was RMB 200 million, which is a 15% increase compared to the previous year[12]. - The company's operating revenue for 2017 was ¥1,604,715,291.66, a decrease of 15.57% compared to ¥1,900,601,749.26 in 2016[6]. - The net profit attributable to shareholders was -¥186,271,280.16, representing a decline of 780.13% from a profit of ¥27,387,716.97 in 2016[6]. - The net profit after deducting non-recurring gains and losses was -¥229,951,824.27, a significant drop of 11,812.76% compared to ¥1,963,258.90 in 2016[6]. - The net cash flow from operating activities was ¥178,253,992.58, down 13.54% from ¥206,157,501.00 in 2016[6]. - The total assets at the end of 2017 were ¥4,541,894,954.00, a decrease of 15.51% from ¥5,375,449,361.89 at the end of 2016[6]. - The net assets attributable to shareholders decreased by 11.99% to ¥1,669,365,506.58 from ¥1,896,876,875.22 in 2016[6]. - The company reported a basic and diluted earnings per share of -¥0.14, a decline of 800.00% from ¥0.02 in 2016[6]. - The company reported a net loss of 186,271,280.16 RMB in 2017, resulting in a 0.00% cash dividend payout ratio[120]. Investment and Development - The company plans to invest RMB 300 million in new product development and technology research in 2018[12]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its product offerings[12]. - The company invested in Jiangsu Haishida Power Co., Ltd., which focuses on the research and production of lithium-ion batteries and related technologies[29]. - The company has acquired a 60% stake in the Molblan lithium mine in Quebec, Canada, and plans to establish a lithium processing plant domestically[48]. - The company has established a research and development information system to enhance its competitive advantage in the electric vehicle and battery sectors[50]. - R&D investment amounted to ¥53,842,799.56 in 2017, a decrease of 29.96% from ¥76,879,652.76 in 2016, representing 3.36% of operating revenue[75]. Market Position and Strategy - Future guidance indicates a projected revenue growth of 10-15% for 2018, driven by market expansion and new product launches[12]. - The company is positioned to benefit from the government's initiatives to promote new energy vehicles, including tax exemptions for purchases from 2018 to 2020[38]. - The company has established a strategic layout in the new energy electric logistics vehicle industry, focusing on both vehicle production and battery support[95]. - The company plans to expand its market share in the new energy electric logistics vehicle sector while maintaining a strong position in the industry[95]. - The company aims to strengthen its core competitiveness in the "new energy" and "big communication" sectors despite facing challenges[56]. Risks and Challenges - The company has identified key risks in market competition and regulatory changes, which will be closely monitored[4]. - The company faced significant challenges during its transformation, resulting in a net profit loss of 71.90 million yuan due to asset impairment losses of 210 million yuan[55]. - The company faced a significant policy risk in the new energy vehicle sector, with a 20% reduction in subsidies for 2017-2018 compared to 2016 levels[93]. - The software outsourcing market is facing increasing competition and declining gross margins, necessitating timely product launches and effective market strategies to mitigate market risks[103]. Shareholder and Dividend Policy - The company will not distribute cash dividends or issue bonus shares for the year 2017, opting to reinvest profits into business growth[4]. - The company emphasizes a stable profit distribution policy, ensuring that cash dividends are not less than 10% of the distributable profits of the parent company[113]. - The company has a clear shareholder return plan for 2015-2017, prioritizing cash dividends when conditions allow[115]. - The cash dividend distribution policy emphasizes a minimum cash dividend ratio of 80% during mature stages without major capital expenditures[118]. - The company has committed to ensuring that minority shareholders have ample opportunities to express their opinions and protect their legal rights[118]. Operational Efficiency - The company emphasizes cost control, resulting in a noticeable decrease in unit costs for Shaanxi Tongjia, enhancing its market competitiveness[51]. - The total operating costs for the communication manufacturing sector decreased by 19.14% from 1,117,986,701.83 CNY in 2016 to 904,026,230.54 CNY in 2017[66]. - Sales expenses decreased by 44.17% from 18,037,861.68 CNY in 2016 to 10,071,209.86 CNY in 2017 due to reduced sales personnel[73]. - The labor costs for software development decreased significantly by 57.83%, from 267,290,170.94 CNY in 2016 to 112,727,255.20 CNY in 2017[68]. Lease and Related Transactions - The company signed multiple lease agreements with various companies, with monthly rents ranging from 13 CNY to 23 CNY per square meter[155][156][157]. - The company has a total of 3 billion CNY registered capital in its joint investment with Nanjing Haiyi Star, focusing on the research and development of power battery-related products[149]. - The company has engaged in related party transactions, including the sale of materials to Suzhou Haizhong Aviation Parts Co., Ltd. at a market price of 56.31 million yuan, accounting for 15.39% of the transaction amount[144]. Corporate Governance - The company has maintained the same accounting firm, Huapu Tianjian, for 8 years, with an audit fee of 3 million yuan for the current period[137]. - The company has not experienced any major accounting errors that require retrospective restatement during the reporting period[135]. - The company emphasizes the protection of shareholder rights and adheres to relevant laws and regulations[197].