投资者关系活动记录表 证券代码：002117 证券简称：东港股份 编号：2018-006 | --- | --- | --- | |-------------------------|---------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者 ...

投资者关系活动记录表 证券代码：002117 证券简称：东港股份 编号：2021-001 | --- | --- | --- | --- | |--------------------------|-------------------------------------------------|--------------------------------------------------------------------|----------------------------------------------------------------------| | 投 资 者 关 系 活 动类别 | □ □ □ □ 现场参观 其他：电话会议 | 特定对象调研 □分析师会议 媒体采访 □业绩说明会 新闻发布会 □路演活动 | | | | | 国泰君安何桂炎 | 国泰君安杨煜 | | 参与单 | | 上海隽诚投资咨询有限公司 | 上海涌贝资产管理有限公司 | | 位名称 | | 上海依禅投资管理有限公司 | 浙邦投资管理（上海）有限公司 | | 及人员 | | 浙江有米资产管理有限公司 | 上海斗杓资 ...

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。 东港股份有限公司 2022 年第三季度报告 证券代码：002117 证券简称：东港股份 公告编号：2022-019 东港股份有限公司 2022 年第三季度报告 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。 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。 3.第三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 | 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） | 239,236,755.06 | -13.82% | 742,377,305.02 | -15.50% | | 归属于上市公司 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥503.14 million, a decrease of 16.27% compared to ¥600.93 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥78.02 million, down 13.41% from ¥90.10 million in the previous year[20]. - The net cash flow from operating activities was negative at approximately ¥134.15 million, worsening by 101.39% compared to a negative cash flow of ¥66.61 million in the same period last year[20]. - The total assets at the end of the reporting period were approximately ¥1.95 billion, a decrease of 11.69% from ¥2.21 billion at the end of the previous year[20]. - The company's total revenue for the reporting period was approximately ¥503.14 million, a decrease of 16.27% compared to ¥600.93 million in the previous year[35]. - The revenue from the printing industry was ¥394.26 million, accounting for 78.36% of total revenue, which represents a decline of 22.94% year-on-year[36]. - Revenue from technology services reached ¥85.87 million, showing a year-on-year growth of 11.84%[36]. - The gross margin for the printing industry was 38.56%, a slight increase of 1.13% compared to the previous year[37]. - The company reported a net cash flow from operating activities of approximately -¥134.15 million, a decrease of 101.39% compared to -¥66.61 million in the previous year[35]. - The total comprehensive income for the first half of 2022 was ¥78,586,698.61, down from ¥92,571,154.50 in the first half of 2021, a decrease of 15.1%[117]. Market Strategy and Development - The company plans to increase market development efforts in the second half of the year to mitigate the impact of market conditions on business[29]. - The company aims to continue exploring new business opportunities and expanding its market scale to stabilize the profitability of related products[30]. - The company plans to maintain its competitive advantage in the ticketing business by expanding market share and increasing product coverage[50]. - The company aims to mitigate rising raw material costs through centralized procurement and enhancing product quality to improve pricing power[50]. - The company has established 30 sales outlets across key cities in China, enhancing its market presence and customer service capabilities[33]. - The company has developed multiple new products in the electronic ticketing business, which have gained customer recognition and strengthened its competitive position[32]. - The company plans to expand its market presence by launching new products and enhancing its technological capabilities in the upcoming quarters[128]. - The company has initiated strategic partnerships to enhance its supply chain efficiency and reduce operational costs[128]. Research and Development - The company invested approximately ¥36.56 million in R&D, a decrease of 5.61% from ¥38.74 million in the previous year[35]. - Research and development expenses slightly decreased to ¥36,564,674.42 from ¥38,737,427.95, a reduction of 5.6%[114]. - The company has allocated 1.4 billion yuan for research and development in 2022, which is a 10% increase compared to the previous year[128]. - Research and development expenses increased to ¥17,644,298.42 in the first half of 2022, up from ¥15,438,028.38 in the same period of 2021, indicating a focus on innovation[116]. Environmental Responsibility - The company is committed to environmental responsibility, implementing measures to treat VOCs emissions from production processes[59]. - The company has established a comprehensive environmental impact assessment process, requiring approval from environmental authorities before commencing construction on production projects[60]. - During the reporting period, the company implemented its self-monitoring plan for pollutants, which was approved by local environmental authorities[61]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[61]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,526, with no preferred shareholders[92]. - The largest shareholder, Beijing Zhongjia Hua Information Technology Co., Ltd., holds 11.17% of shares, totaling 60,961,650 shares[92]. - Hong Kong Xiduo Lai Group Limited holds 9.34% of shares, totaling 50,948,000 shares[92]. - Jinan Development State-owned Industrial Asset Management Co., Ltd. holds 9.09% of shares, totaling 49,593,600 shares, with 4,980,703 shares frozen[92]. - The company has no significant guarantees or major contracts during the reporting period[83][86]. - There were no significant changes in shareholding structure, with limited and unlimited shares remaining at 0.03% and 99.97% respectively[90]. - The company has not reported any major matters requiring explanation during the reporting period[86]. Financial Management - The company reported a total of 123,739,000 CNY in entrusted financial management, with an occurrence amount of 43,804,000 CNY and no overdue amounts[85]. - The company has not engaged in any high-risk entrusted financial management that may lead to impairment[85]. - The company believes it has sufficient operating funds to continue its operations for at least 12 months from the approval date of the financial report[141]. - The financial statements are prepared based on the going concern principle and comply with the accounting standards set by the Ministry of Finance[143]. Operational Challenges - The company faced risks from the impact of digitalization on traditional ticketing business and rising costs of raw materials[4]. - The printing business experienced a decline in revenue in the second quarter due to the pandemic, with some clients canceling or postponing orders[29]. - The company reported a significant reduction in sales expenses, which fell to CNY 26,127,121.71 from CNY 44,475,906.78, a decrease of 41.2%[114]. - The cash flow from operating activities was significantly negative, indicating challenges in maintaining operational efficiency and profitability[121]. Accounting and Financial Reporting - The financial report was approved by the board of directors on August 18, 2022, and includes nine subsidiaries within the consolidation scope[139]. - The company uses Renminbi as its functional currency for accounting purposes[146]. - The company follows specific accounting policies for recognizing and measuring bad debt provisions, inventory, and fixed assets[142]. - The company recognizes impairment losses based on expected credit losses for financial assets measured at amortized cost and certain debt instruments[167]. - The company assesses impairment indicators for various non-current assets, including fixed assets and construction in progress, at each reporting date[199]. Future Outlook - Future outlook remains cautiously optimistic, with a focus on enhancing operational efficiency and exploring new market opportunities[137]. - The company plans to continue its market expansion and product development strategies, although specific figures and timelines are not provided in the current report[137].

Financial Performance - Total revenue for Q1 2022 was CNY 300,827,715.76, a decrease of 0.90% compared to CNY 303,557,475.23 in the same period last year[3] - Net profit attributable to shareholders increased by 2.57% to CNY 45,363,049.86 from CNY 44,228,393.75 year-on-year[3] - Basic earnings per share rose by 2.47% to CNY 0.0831, compared to CNY 0.0811 in the previous year[3] - Net profit for Q1 2022 reached CNY 45,981,082.86, representing an increase of 4.29% from CNY 44,090,131.94 in the same period last year[15] - Earnings per share for Q1 2022 were CNY 0.0831, up from CNY 0.0811 in the previous year, indicating a growth of 2.46%[15] Cash Flow - The net cash flow from operating activities was negative at CNY -113,232,953.19, a decline of 17.85% from CNY -96,080,491.63 in the same period last year[3] - The cash inflow from operating activities totaled ¥184,175,586.19, a decrease of 19.6% compared to ¥229,166,543.70 in the previous period[16] - The net cash outflow from operating activities was ¥113,232,953.19, worsening from a net outflow of ¥96,080,491.63 in the prior period[16] - Cash inflow from investment activities amounted to ¥446,776,334.53, significantly higher than ¥216,170,565.64 in the previous period[17] - The net cash outflow from investment activities was ¥528,270,084.34, slightly improved from a net outflow of ¥532,170,445.56 in the prior period[17] - The cash inflow from financing activities was ¥490,000.00, down from ¥707,579.50 in the previous period[17] - The net cash outflow from financing activities was ¥706,131.49, compared to a net inflow of ¥707,579.50 in the prior period[17] - The ending balance of cash and cash equivalents was ¥86,665,686.69, an increase from ¥53,447,472.17 in the previous period[17] - The company received ¥445,300,000.00 from investment recoveries, up from ¥215,000,000.00 in the previous period[16] - The total cash outflow for investment activities was ¥975,046,418.87, compared to ¥748,341,011.20 in the prior period[17] Assets and Liabilities - Total assets decreased by 5.58% to CNY 2,088,319,713.78 from CNY 2,211,848,822.17 at the end of the previous year[3] - Total liabilities for Q1 2022 were CNY 459,367,638.24, down from CNY 629,367,829.49, showing a significant reduction of approximately 26.9%[12] - The company's cash and cash equivalents decreased to CNY 1,156,658,741.01 from CNY 1,273,905,080.28, a decline of about 9.2%[12] - The total equity attributable to shareholders of the parent company was CNY 1,612,491,213.82, an increase from CNY 1,567,128,163.96 year-over-year[13] Shareholder Information - The company reported a total of 34,213 common shareholders at the end of the reporting period[7] - The top three shareholders held a combined 29.60% of the shares, with Beijing Zhongjiahua Information Technology Co., Ltd. holding 11.17%[7] Other Information - Government subsidies recognized in the current period amounted to CNY 2,028,965.34[5] - The company did not report any significant changes in non-recurring gains and losses during the quarter[6] - Research and development expenses for Q1 2022 were CNY 18,951,811.36, an increase from CNY 17,126,500.09, reflecting a growth of 10.65%[14] - The company reported a credit impairment loss of CNY -2,160,380.78, an improvement from CNY -2,871,695.94 in the previous year[14] - The company’s first-quarter report was not audited[18]

Financial Performance - The total revenue for 2021 was CNY 1,200,941,510.94, representing a 1.70% increase compared to CNY 1,180,859,259.81 in 2020[19] - The net profit attributable to shareholders for 2021 was CNY 186,488,504.09, which is a 14.18% increase from CNY 163,330,111.01 in 2020[19] - The net profit after deducting non-recurring gains and losses was CNY 153,797,993.89, up 12.05% from CNY 137,259,123.67 in 2020[19] - The basic earnings per share for 2021 was CNY 0.3418, an increase of 14.20% from CNY 0.2993 in 2020[19] - The company achieved a total revenue of approximately 1.2 billion yuan in 2021, representing a year-on-year growth of 1.70%[40] - The net profit for 2021 was approximately 186 million yuan, reflecting a year-on-year increase of 14.18%[37] - The total profit for 2021 was approximately CNY 221.72 million, compared to CNY 182.98 million in 2020, an increase of about 21.1%[193] Cash Flow and Assets - The net cash flow from operating activities decreased by 26.56% to CNY 191,823,247.25 from CNY 261,214,969.05 in 2020[19] - The company reported a significant decrease in net cash flow from operating activities in the first quarter, with a negative cash flow of CNY 96,080,491.63[23] - Operating cash inflow totaled ¥1,511,809,699.10 in 2021, a decline of 5.74% from ¥1,603,813,399.87 in 2020, while net cash flow from operating activities decreased by 26.56% to ¥191,823,247.25[56] - Cash and cash equivalents increased by ¥47,884,020.34, a significant decrease of 86.70% compared to ¥360,101,436.43 in 2020, attributed to changes in financial product scale[57] - As of the end of 2021, cash and cash equivalents amounted to ¥754.90 million, representing 34.13% of total assets, an increase of 2.99% from the beginning of the year[60] - Total assets at the end of 2021 were CNY 2,211,848,822.17, a decrease of 3.30% from CNY 2,287,369,802.38 at the end of 2020[19] - The company's equity attributable to shareholders decreased from CNY 1,583,772,964.57 in 2020 to CNY 1,567,128,163.96 in 2021, a decline of about 1%[185] Revenue Segmentation - Revenue from printing products was approximately 821 million yuan, accounting for 68.39% of total revenue, with a growth of 3.82% compared to the previous year[40] - The technical services segment generated revenue of approximately 159 million yuan, showing a growth of 3.95% year-on-year[38] - The new channel lottery business achieved a record revenue of 52.15 million yuan in 2021, indicating strong future growth potential[38] - The company's main business segments include printing services, composite services, and technical services, catering primarily to financial and government clients[32] Research and Development - The company reported a total of CNY 74,000,511.43 in R&D expenses, which decreased by 26.03% compared to CNY 100,047,908.31 in the previous year[50] - The company’s R&D investment amounted to ¥74,571,870.70 in 2021, a decrease of 26.15% compared to ¥100,982,412.16 in 2020, representing 6.21% of operating revenue, down from 8.55%[54] - The company completed the R&D of multifunctional anti-counterfeiting tickets in 2021, aiming to enhance product authenticity and security[51] - The company is investing 200 million RMB in R&D for new technologies and product enhancements in the upcoming year[89] Market and Business Strategy - The company faces risks from increased electronic competition, rising raw material costs, and uncertainties in new business growth[5] - The traditional paper ticket business is facing challenges due to the increasing demand for electronic ticketing solutions, leading to a need for new business growth points[28] - The market for electronic ticket products is expanding, driven by the rapid development of mobile internet and e-commerce, with significant potential for growth in electronic invoices and receipts[29] - The company is exploring new service models, integrating information technology with traditional printing services to enhance service offerings and efficiency[29] - The company aims to enhance its competitive capabilities by focusing on electronic ticketing, new channel lottery sales, and electronic archiving, transitioning from a traditional printing business to a comprehensive service provider[69] Governance and Management - The company maintains a complete and independent operational structure, ensuring separation from major shareholders in business, personnel, and financial aspects[74][75] - The company has established a robust internal control system to ensure compliance and enhance the quality of financial information disclosure[73] - The company has a commitment to maintaining a strong governance structure with independent directors overseeing operations[81] - The company is dedicated to improving shareholder engagement and transparency through regular meetings and updates[77] Environmental Compliance - The company operates as a key pollutant discharge unit, with VOC emissions totaling ≤6.62 tons, which is within the regulatory limits[118] - The company has implemented pollution prevention facilities that treat VOC emissions through water spraying, photocatalysis, and high-temperature combustion before discharge[118] - All production projects underwent environmental impact assessments and received approvals from environmental protection authorities before construction[118] - The company has not faced any administrative penalties related to environmental issues during the reporting period[119] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,901[157] - The largest shareholder, Beijing Zhongjiahua Information Technology Co., Ltd., held 11.17% of the shares, totaling 60,961,650 shares[157] - The company maintains a diverse shareholder base with no single shareholder exceeding 10% ownership[162] - The company has no controlling shareholder or actual controller, ensuring no single entity can dominate shareholder meetings or board member selections[160][161]

东港股份有限公司 2021 年第三季度报告 证券代码：002117 证券简称：东港股份 公告编号：2021-030 东港股份有限公司 2021 年第三季度报告 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。 3.第三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 | 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年 | | --- | --- | --- | --- | --- | | | | 增减 | | 同期增减 | | 营业收入（元） | 277,602,671.55 | 2.63% | 878,536,698.50 | 7.45% | | 归属于上市 ...

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 600.93 million, representing a year-on-year increase of 9.84% compared to RMB 547.12 million in the same period last year[19]. - The net profit attributable to shareholders of the listed company was approximately RMB 90.10 million, an increase of 21.94% from RMB 73.89 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses was approximately RMB 82.57 million, reflecting a growth of 25.09% compared to RMB 66.00 million in the same period last year[19]. - The basic earnings per share increased to RMB 0.1651, up 21.94% from RMB 0.1354 in the same period last year[19]. - Total revenue for the reporting period reached ¥600,934,026.95, representing a year-on-year increase of 9.84% compared to ¥547,120,987.47 in the same period last year[38]. - The company reported a significant increase in trading financial assets, rising to 482 million yuan from 200 million yuan year-over-year[107]. - The company reported a significant increase in cash and cash equivalents, down 23.47% to ¥155,814,762.90, compared to ¥712,276,110.35 at the end of the previous year[46]. Cash Flow and Investments - The company's cash flow from operating activities showed a significant improvement, with a net cash outflow of approximately RMB 66.61 million, a reduction of 55.54% from RMB 149.83 million in the previous year[19]. - The net cash flow from operating activities improved by 55.54%, reaching -¥66.61 million compared to -¥149.83 million in the previous year[36]. - Total cash inflow from investment activities was 560,723,341.56 CNY, down from 1,207,390,316.87 CNY year-over-year[125]. - The net cash flow from investment activities was -303,563,660.10 CNY, compared to a positive 132,226,192.27 CNY in the same period last year[125]. - The total cash outflow from financing activities was 218,413,196.41 CNY, slightly lower than 230,384,448.92 CNY in the previous period[125]. Operational Efficiency - The printing business revenue grew by 19.93% year-on-year, indicating a recovery and expansion in the customer base during the reporting period[28]. - The company has established 8 production bases in key cities and 26 document storage bases in 19 major cities, enhancing its operational efficiency and service capabilities[28]. - Operating costs increased by 9.96% to ¥361.12 million from ¥328.40 million, while sales expenses decreased by 13.41% to ¥44.48 million[36]. Research and Development - Research and development investment decreased by 19.22% to ¥38.74 million from ¥47.95 million, indicating a shift in focus[36]. - The company has built a comprehensive R&D system with centers in Beijing, Shanghai, Jinan, and Guangzhou, focusing on anti-counterfeiting, information technology, and blockchain solutions[34]. Market and Business Strategy - The company has developed an electronic invoice service platform and a non-tax electronic ticket service platform, leveraging blockchain technology for enhanced data integrity and traceability[30]. - The company has established customized service platforms for large enterprises, enhancing its market presence in electronic invoice applications[31]. - The company is actively expanding its market for non-tax electronic tickets, utilizing blockchain to streamline the entire lifecycle of ticket management[30]. - The company has shifted its lottery business focus towards the development and sales of intelligent betting devices, achieving a leading market share in several provinces[32]. Environmental and Corporate Governance - The company is classified as a key pollutant discharge unit, with total emissions of volatile organic compounds (VOCs) at 6.62 tons[63]. - The company adheres to the ISO14001 environmental management system, focusing on effective treatment of wastewater, waste gas, and waste residue[67]. - The company has implemented a health and safety management system, ensuring no major safety accidents have occurred in recent years[67]. - The company has a robust emergency response plan for environmental incidents, approved by the local ecological environment bureau[65]. - The company has established a comprehensive corporate governance structure to protect shareholder rights, with a cash dividend payout ratio exceeding 40% of net profit attributable to shareholders in recent years[67]. Shareholder Information - The total number of shares is 545,666,421, with 99.97% being unrestricted shares[91]. - The largest shareholder, Beijing Zhongjia Huaxin Information Technology Co., Ltd., holds 11.17% of shares, totaling 60,961,650 shares[93]. - The second largest shareholder, Hong Kong Xidulai Group Co., Ltd., holds 9.34% of shares, totaling 50,948,000 shares[93]. - The annual shareholders meeting had a participation rate of 34.58% on April 16, 2021[58]. Financial Reporting and Compliance - The semi-annual financial report has not been audited[72]. - The financial statements are prepared based on the going concern principle, with sufficient operating funds for at least 12 months from the approval date of the financial report[147]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect its financial position and results[149]. Risk Management - The expected credit loss for receivables is measured based on the entire lifetime expected credit loss amount, with specific loss rates for aging categories ranging from 5% to 50%[175][178]. - The company assesses credit risk for financial assets individually and in groups based on shared risk characteristics[171]. - The company maintains a clear distinction between financial liabilities and equity instruments, ensuring accurate financial reporting and compliance[169].

Financial Performance - Revenue for Q1 2021 was CNY 303,557,475.23, an increase of 12.17% compared to CNY 270,624,183.45 in the same period last year[8] - Net profit attributable to shareholders was CNY 44,228,393.75, up 18.33% from CNY 37,376,664.23 year-on-year[8] - Net profit excluding non-recurring gains and losses reached CNY 43,252,261.95, reflecting a 26.13% increase from CNY 34,290,589.62 in the previous year[8] - Basic earnings per share increased to CNY 0.0811, representing an 18.39% rise from CNY 0.0685[8] - Total operating revenue for Q1 2021 was CNY 303,557,475.23, an increase from CNY 270,624,183.45 in the previous period[36] - Net profit for Q1 2021 reached CNY 44,090,131.94, compared to CNY 37,948,625.87 in the same period last year, reflecting a growth of approximately 16.5%[38] - Basic and diluted earnings per share were both CNY 0.0484, compared to CNY 0.0537 in the previous year, indicating a decrease of 10.0%[43] Cash Flow and Liquidity - The net cash flow from operating activities improved by 42.75%, moving from a negative CNY 167,814,593.25 to a negative CNY 96,080,491.63, primarily due to reduced procurement expenses[16] - Operating cash flow for the period was negative CNY 96,080,491.63, an improvement from negative CNY 167,814,593.25 in the prior year[46] - Cash inflow from operating activities totaled CNY 229,166,543.70, while cash outflow was CNY 325,247,035.33, resulting in a net cash flow from operating activities of negative CNY 96,080,491.63[46] - The company's cash and cash equivalents decreased significantly from ¥712,276,110.35 at the end of 2020 to ¥85,494,902.43 by March 31, 2021, representing a drop of about 88%[28] - The ending cash and cash equivalents balance was CNY 53,447,472.17, a decrease from CNY 30,702,907.24 year-over-year[47] - The company experienced a net decrease in cash and cash equivalents of CNY 627,543,367.28 during the quarter[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,216,735,359.92, a decrease of 3.09% from CNY 2,287,369,802.38 at the end of the previous year[8] - Total assets as of the end of Q1 2021 amounted to CNY 2,191,765,352.69, slightly down from CNY 2,223,381,313.35 at the end of the previous period[34] - The total liabilities decreased from ¥700,297,238.78 at the end of 2020 to ¥585,572,664.38 by March 31, 2021, indicating a reduction of approximately 16.4%[30] - Total liabilities decreased to CNY 705,101,756.54 from CNY 763,110,920.15 in the previous period[34] - The company's total equity increased to CNY 1,486,663,596.15, up from CNY 1,460,270,393.20[34] - The total equity attributable to shareholders increased from ¥1,583,772,964.57 at the end of 2020 to ¥1,628,001,358.32 by March 31, 2021, reflecting an increase of about 2.8%[31] Shareholder Information - The company reported a total of 32,226 common shareholders at the end of the reporting period[12] - The top three shareholders held a combined 29.60% of the shares, with Beijing Zhongjiahua Information Technology Co., Ltd. holding 11.17%[12] Research and Development - Research and development expenses for Q1 2021 were CNY 17,126,500.09, down from CNY 20,463,601.98 in the previous period[37] Other Financial Metrics - The weighted average return on equity was 2.75%, up from 2.26% in the previous year[8] - The company reported a credit impairment loss of CNY -2,871,695.94, compared to a loss of CNY -469,934.33 in the previous period[37] - Other income for Q1 2021 was CNY 1,011,816.48, down from CNY 2,544,880.81 in the previous period[37] Compliance and Governance - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[23] - There were no violations regarding external guarantees during the reporting period[24] Audit and Reporting - The first quarter report for Donggang Co., Ltd. was not audited[52] - The first quarter report was released on April 14, 2021[52] - There are no significant financial adjustments reported for the first quarter[51] Strategic Outlook - Future outlook and performance guidance were not detailed in the provided content[52] - No new products or technologies were mentioned in the available reports[52] - There is no information on market expansion or mergers and acquisitions in the documents[52] - Other strategic initiatives were not discussed in the provided content[52]

Financial Performance - The company's operating revenue for 2020 was ¥1,180,859,259.81, a decrease of 21.05% compared to ¥1,495,634,115.55 in 2019[17] - The net profit attributable to shareholders for 2020 was ¥163,330,111.01, down 38.76% from ¥266,721,676.93 in 2019[17] - The net cash flow from operating activities was ¥261,214,969.05, a decline of 38.27% compared to ¥423,158,918.42 in the previous year[17] - Basic earnings per share for 2020 were ¥0.2993, representing a decrease of 38.77% from ¥0.4888 in 2019[17] - The total assets at the end of 2020 were ¥2,287,369,802.38, a decrease of 2.05% from ¥2,335,153,191.93 at the end of 2019[17] - The net assets attributable to shareholders at the end of 2020 were ¥1,583,772,964.57, down 3.35% from ¥1,638,709,421.96 at the end of 2019[17] - The company reported a significant decline in net profit, with a decrease of 42.99% in net profit after deducting non-recurring gains and losses[17] - The weighted average return on net assets was 10.25% in 2020, down from 16.55% in 2019, reflecting a decrease of 6.30%[17] - The company's revenue decreased by 21.05% due to the impact of the pandemic and the acceleration of electronic invoicing trends[34] - Net profit attributable to shareholders fell by 38.76% during the reporting period[34] - Printing business revenue declined by 24.15% compared to the same period last year, facing significant challenges from the pandemic and electronic trends[34] - Revenue from composite products decreased by 27.59% year-on-year, but profit levels were maintained through cost control and service enhancement[35] - Revenue from the printing industry was ¥965,233,651.04, accounting for 81.74% of total revenue, down 24.80% from ¥1,283,480,795.21 in 2019[39] - Revenue from the service industry increased by 1.34% to ¥189,615,736.82, up from ¥187,105,702.00 in 2019[39] - Gross profit margin for the printing industry decreased by 3.25% to 36.60% in 2020, while the service industry maintained a gross profit margin of 39.89%[41] - The company reported a total of 157,420,000 RMB in entrusted financial management, with an outstanding balance of 20,000,000 RMB[105] - The company reported a net profit of CNY 22,691,863.45 in 2020, an increase from CNY 19,591,358.84 in 2019, showing growth in investment income[198] - The total profit for the year was CNY 182,982,751.42, down from CNY 312,922,075.25, reflecting a decline of 41.3%[199] - The operating profit for 2020 was CNY 185,304,771.71, compared to CNY 312,542,090.01 in 2019, indicating a decrease of 40.7%[199] Dividend Distribution - The company plans to distribute a cash dividend of ¥4 per 10 shares, based on a total of 545,666,421 shares[5] - The company distributed cash dividends of 218,266,568.40 yuan for the year 2020, amounting to 4 yuan per 10 shares[80] - The cash dividend for 2019 was also 218,266,568.40 yuan, which represented 81.83% of the net profit attributable to shareholders[79] - In 2018, the total cash dividend distributed was 254,644,329.80 yuan, accounting for 99.17% of the net profit attributable to shareholders[79] - The company has maintained a cash dividend payout ratio of over 40% of the net profit attributable to shareholders for several consecutive years[107] Risks and Challenges - The company faces risks including rising raw material costs, slowing growth in new businesses, and intensified competition in the ticketing business[5] - The company is exploring diversified development directions in response to the decline in traditional ticketing business due to technological advancements[65] - The company faces risks from rising raw material costs and increased competition in the ticketing market, with strategies in place to mitigate these challenges through centralized procurement and market share expansion[71] Research and Development - The company has established four R&D centers in Beijing, Shanghai, Jinan, and Guangzhou, focusing on anti-counterfeiting, information technology, and blockchain technology[31] - R&D expenses increased by 9.63% to ¥100,047,908.31 from ¥91,259,247.22 in 2019[50] - R&D investment increased by 2.67% to ¥100,982,412.16, representing 8.55% of operating revenue, up from 6.58% in 2019[51] - The company aims to enhance its competitive edge by focusing on research and innovation in electronic ticketing, new lottery sales channels, and electronic archiving, ensuring sustainable growth[70] - The company plans to leverage blockchain technology to develop new service models and expand its market presence in electronic ticketing and archiving services[71] Corporate Governance - The company has established a comprehensive corporate governance structure to protect shareholder rights[107] - The company has not engaged in any related party transactions during the reporting period[94] - The company has maintained a stable leadership structure with no significant changes in executive roles reported during the period[135] - The company’s governance structure aligns with the regulatory requirements set by the China Securities Regulatory Commission, with no significant discrepancies noted[153] - The audit committee confirmed that the 2020 financial statements comply with accounting standards and accurately reflect the company's operational status, with no significant omissions or alterations[161] - The company respects and adopts suggestions from independent directors, enhancing governance practices in areas such as financial auditing and strategic decisions[160] Employee and Management Structure - The total number of employees in the company is 1,606, with 289 in the parent company and 1,317 in major subsidiaries[147] - The company has a professional composition of 614 production personnel, 168 sales personnel, 682 technical personnel, 40 financial personnel, and 102 administrative personnel[147] - The total remuneration for directors and senior management during the reporting period amounts to 650.57 million yuan[146] - The company has established a comprehensive salary system based on legal, fair, competitive, and motivating principles[148] - The company has a strong emphasis on developing high-quality talent through its training and development programs[150] Financial Reporting and Audit - The audit opinion for the financial statements was a standard unqualified opinion, issued on March 20, 2021[176] - The audit was conducted by Xinyong Zhonghe Accounting Firm, ensuring compliance with Chinese auditing standards[176] - The financial statements fairly reflect the financial position and operating results of Donggang Co., Ltd. for the year 2020[176] - The internal control system was deemed effective as of December 31, 2020, with no major deficiencies reported[170] - The audit committee communicated with the accounting firm to ensure timely submission of the audit report, confirming no major issues were found during the audit process[162]