证券代码：002121 证券简称：*ST 科陆 公告编号：2020113 深圳市科陆电子科技股份有限公司 关于参加 2020 深圳辖区上市公司投资者网上集体接待日 活动的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市科陆电子科技股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"诚实守信，做受尊重的上市公司"——2020深圳辖区上市公司投资者 网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号（全景财经）参与公司本次投资者集体接待日活动，活动时间 为2020年12月8日9:00至17:00。 届时公司董事、董事会秘书黄幼平女士和财务总监熊晓建先生将通过网络文 字交流形式与投资者进行沟通。欢迎广大投资者积极参与。 特此公告。 深圳市科陆电子科技股份有限公司 董事会 二〇二〇年十二月三日 ...

Financial Performance - Operating revenue for the reporting period was approximately ¥700 million, down 15.11% compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was approximately ¥354 million, an increase of 403.10% year-on-year[8]. - Basic earnings per share for the reporting period were ¥0.2516, an increase of 403.13% year-on-year[8]. - The company's total operating revenue for the current period is 421,594,873.21 CNY, down from 522,113,308.40 CNY in the previous period, reflecting a decrease of approximately 19.2%[92]. - The total operating costs for the current period are 2,438,973,093.90 CNY, down from 2,612,598,044.41 CNY in the previous period, indicating a reduction of approximately 6.6%[96]. - The company achieved a significant operating profit of 454,120,618.52, compared to an operating loss of 149,063,781.45 in the previous period[99]. - The net profit for the quarter reached CNY 408,497,310.23, compared to a loss of CNY 120,373,103.14 in the previous year[86]. - The company reported an estimated impact of approximately RMB 456 million on net profit for 2020, pending final audit results[48]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥9.48 billion, a decrease of 6.25% compared to the end of the previous year[8]. - Total current assets decreased to CNY 4,841,345,520.13 from CNY 5,642,629,018.54, a decline of approximately 14.2%[65]. - Total liabilities decreased to CNY 7,664,344,709.08 from CNY 9,039,386,517.31, a reduction of about 15.2%[71]. - The company's total equity increased to CNY 1,818,031,187.20 from CNY 1,074,838,914.68, representing an increase of approximately 68.9%[74]. - The company reported a negative retained earnings of CNY -2,229,956,637.44[129]. - Total current liabilities decreased to CNY 5,923,095,515.51 from CNY 7,280,478,588.23, a decrease of approximately 18.6%[71]. Cash Flow - The net cash flow from operating activities was approximately ¥80 million, an increase of 173.04% compared to the same period last year[8]. - The total cash inflow from operating activities was CNY 2,416,536,042.67, a decrease of 11.7% compared to CNY 2,737,936,995.86 in the previous period[109]. - The net cash flow from investment activities improved to CNY 641,358,286.48, compared to CNY 435,727,553.52 in the previous year[112]. - The total cash and cash equivalents at the end of the period were CNY 564,651,156.26, an increase from CNY 367,856,327.02 in the previous year[112]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,825[12]. - The top ten shareholders held a combined 24.26% of the shares, with Shenzhen Capital Operation Group Co., Ltd. and the company's chairman, Rao Luhua, each holding 24.26%[12]. - Shareholder Rao Luhua's 341,685,208 shares, representing 24.26% of total shares, have been judicially frozen since June 30, 2020, due to debt default[42]. Investments and Projects - The company won a bid for a project with Nepal Electricity Authority worth approximately RMB 80 million, with most design work completed by the reporting period[28]. - The company was awarded a contract for the Shenzhen Bus Group's taxi charging pile construction project, with a total bid amount of approximately RMB 159.5 million, and has fulfilled the contract as of the reporting period[29]. - The company secured a project with State Grid Hunan for a battery storage station, with a total contract amount of RMB 45.15 million, of which RMB 40.63 million has been delivered[30]. - The company won multiple bids for smart energy meters and related equipment from State Grid, with a total expected bid amount of approximately RMB 185.59 million[30]. Legal and Compliance Issues - The company's stock has been under "delisting risk warning" since April 30, 2020, due to consecutive net losses in 2018 and 2019[41]. - Rao Luhua is facing a lawsuit from Wanxiang Trust for approximately RMB 1.31 billion related to share pledges[43]. - An additional 35,509,816 shares, accounting for 2.52% of total shares, were subject to provisional freezing starting August 10, 2020, due to further debt issues[44]. Research and Development - Research and development expenses for the quarter were CNY 53,303,710.77, down from CNY 59,306,551.75, indicating a decrease of 10.0%[86]. - Research and development expenses decreased to 55,393,920.30 from 85,812,481.62, showing a reduction of approximately 35.4%[104].

Financial Performance - The company's operating revenue for the first half of 2020 was ¥1,669,794,163.29, representing a 10.13% increase compared to ¥1,516,261,624.45 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was ¥9,425,652.77, a significant turnaround from a loss of ¥77,529,834.66 in the previous year, marking a 112.16% improvement[16]. - The net cash flow from operating activities was ¥165,973,960.26, up 11.22% from ¥149,234,488.95 in the same period last year[16]. - Operating profit reached CNY 19.24 million, up 157.67% compared to the same period last year[34]. - The company reported a net profit of 32,761,973.6 CNY for the first half of 2020, representing a significant increase compared to previous periods[78]. - The company reported a net profit of 20,167,336.22 CNY for the first half of 2020, a significant recovery from a net loss of 71,128,848.71 in the same period of 2019[196]. - The company reported a profit margin of approximately 1.21% in the first half of 2020, compared to a negative margin in the previous year[196]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,539,952,415.68, a decrease of 5.68% from ¥10,114,225,431.99 at the end of the previous year[16]. - The total liabilities decreased from CNY 9,039,386,517.31 to CNY 8,077,980,203.48, a decline of around 10.64%[188]. - The company’s cash and cash equivalents decreased from RMB 1.5 billion at the end of 2019 to approximately RMB 1.03 billion by June 30, 2020[186]. - Accounts receivable increased to approximately RMB 1.84 billion, up from RMB 1.66 billion at the end of 2019[186]. - Total equity increased from CNY 1,074,838,914.68 to CNY 1,461,972,212.20, an increase of about 36.00%[189]. Investment and R&D - Research and development investment totaled CNY 89.23 million, a decrease of 30.11% compared to the previous year[44]. - The company has applied for 55 patents and obtained 21 patents during the reporting period, with a total of 1,459 applications and 985 patents granted as of June 30, 2020[29]. - The company is actively involved in the research and development of new technologies, including high-precision measurement instruments and energy storage systems[28]. Business Operations - The company is a leading comprehensive energy service provider in China, focusing on smart grid, new energy, and integrated energy services[24]. - The smart grid segment is the core business, providing products and solutions for state grid and southern grid construction, including smart meters and distribution network equipment[24]. - The new energy business is expanding, focusing on energy storage and electric vehicle charging solutions, with various applications including peak shaving and valley filling[25]. - The company achieved total operating revenue of CNY 1,669.79 million, a year-on-year increase of 10.13%[34]. - The energy storage business saw a significant revenue increase of ¥173,081,393.51, up 91.05% year-on-year, primarily due to the delivery of energy storage products and the operation of AGC energy storage frequency modulation systems[48]. Shareholder and Equity Information - The actual controller, Mr. Rao Luhua, holds 341,685,208 shares, accounting for 24.26% of the total shares, with 99.67% of his shares pledged[103]. - The company’s total share capital is 1,408,349,147 shares[132]. - The company’s controlling shareholder is facing potential share disposals due to a margin call, involving up to 50,180,000 shares, or 3.56% of total shares[132]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[149]. Legal and Compliance Issues - There is a significant litigation case involving a contract dispute with a claim amount of 45.404 million yuan, which has been resolved through a mediation agreement[95]. - The company has no significant ongoing litigation that would materially affect its operations, with a total of 13,786.79 million yuan involved in various lawsuits[106]. - The company has not engaged in any major related party transactions during the reporting period[105]. Future Plans and Strategies - The company plans to continue expanding its energy storage and smart grid services, leveraging recent technological advancements and market demand[48]. - The company plans to focus on market expansion and new product development in the upcoming quarters[194]. - The company aims to extend its services upstream and downstream in the energy value chain, enhancing its competitive advantage in the market[30]. Financial Management and Debt - The company has a total of RMB 4,000 million in frozen bank accounts pending the resolution of the settlement with Ningde Times[97]. - The company is required to assist in the acceptance procedures for the waste heat power generation project as part of the settlement agreement[96]. - The company has significant contracts in place, but specific details were not disclosed in the report[123].

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,669,794,163.29, representing a 10.13% increase compared to CNY 1,516,261,624.45 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was CNY 9,425,652.77, a significant improvement of 112.16% compared to a loss of CNY 77,529,834.66 in the previous year[23]. - The net cash flow from operating activities increased by 11.22% to CNY 165,973,960.26 from CNY 149,234,488.95 in the previous year[23]. - The total assets at the end of the reporting period were CNY 9,539,952,415.68, a decrease of 5.68% from CNY 10,114,225,431.99 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company increased by 2.87% to CNY 1,256,593,112.78 from CNY 1,221,484,368.52 at the end of the previous year[23]. - The basic and diluted earnings per share were both CNY 0.0067, reflecting a recovery from a loss of CNY 0.0551 per share in the previous year, marking a 112.16% improvement[23]. - The company faced a net loss of CNY 414,431,772.96 after deducting non-recurring gains and losses, which is a 33.43% increase in loss compared to CNY 310,597,230.06 in the previous year[23]. - The company reported a total non-recurring profit and loss of approximately 423.86 million CNY for the reporting period[29]. - Operating profit reached CNY 19.24 million, up 157.67% compared to the previous year[48]. - The company secured contracts worth approximately CNY 150 million in the overseas energy storage market during the reporting period[49]. Business Segments - The company is a leading comprehensive energy service provider in China, focusing on smart grid, new energy, and integrated energy services[34]. - The smart grid segment is the core business, providing products and solutions for state grid and southern grid construction, including smart meters and distribution network equipment[34]. - The new energy business is expanding, focusing on energy storage and electric vehicle charging solutions, with various applications including peak shaving and valley filling[35]. - The company has developed a comprehensive charging operation platform for electric vehicles, offering integrated management services for various stakeholders[35]. - The energy storage business saw a significant revenue increase of ¥173,081,393.51, up 91.05% year-on-year, primarily due to the delivery of storage products and the operation of AGC energy storage frequency modulation systems[64]. Research and Development - The company has a strong R&D capability, having applied for 55 patents and obtained 21 during the reporting period, with a total of 1,459 applications and 985 granted patents as of June 30, 2020[41]. - The company is actively developing new products, including a new standard energy meter and various detection devices[51]. - The company is actively involved in the development of new technologies, including high energy density battery systems and advanced cooling technologies, enhancing energy storage capabilities[42]. Investments and Projects - The company is increasing its investment in construction projects, such as the Guangming Smart Energy Industrial Park and Shunde Wusha factory, contributing to its growth strategy[39]. - The total investment amount for the reporting period was ¥123,362,409.22, representing a significant increase of 829.47% compared to ¥13,272,270.38 in the same period last year[75]. - The company is currently investing in the Smart Energy Industrial Park project, with a total actual investment of ¥895,681,522.46[78]. Financial Management - The company plans to issue bonds not exceeding RMB 10 billion, with a maturity of up to 5 years, as approved by the board and shareholders[193]. - The company issued bonds worth RMB 5 billion in July 2019, and another RMB 5 billion in June 2020, both aimed at qualified investors[193]. - The company’s financial assets are primarily sourced from self-owned funds, reflecting a conservative investment strategy[83]. - The company has no securities or derivative investments during the reporting period[84][85]. Compliance and Governance - The company has taken measures to ensure compliance with regulations regarding related party transactions[91]. - The company is actively working on reducing and regulating related party transactions to avoid unnecessary conflicts[117]. - The company has ongoing commitments to avoid direct competition with its own subsidiaries in product development and business operations[117]. - The actual controller and shareholders have committed to maintaining independence and not interfering with the company's operational decisions[114]. Legal and Regulatory Matters - The company has reached a mediation agreement in a lawsuit involving a claim amount of 45.404 million yuan, which is currently being executed[126]. - The company has a pending arbitration case with a total claim of 1 billion yuan, with the first instance judgment requiring payment of principal and interest[137]. - The company reported a total litigation amount of 137.87 million yuan, with no significant impact on operations[141]. Market Conditions - The global economic outlook for 2020 has been downgraded by institutions like the IMF and World Bank, leading to increased pessimism in the market[110]. - The company plans to focus on global pandemic developments and enhance communication with customers and suppliers to mitigate adverse impacts on operations[110].

Financial Performance - The company reported a negative net profit for both 2018 and 2019, leading to a risk warning for delisting after the 2019 annual report disclosure[14]. - The company's operating revenue for 2019 was CNY 3,195,325,075.74, representing a decrease of 15.72% compared to the previous year[32]. - The net loss attributable to shareholders for 2019 was CNY -2,375,936,436.52, a decline of 94.78% year-over-year[32]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -1,781,119,373.35, down 43.48% from the previous year[32]. - Basic earnings per share for 2019 were CNY -1.6871, a decrease of 94.75% compared to the previous year[32]. - The company reported a significant decline in the weighted average return on equity, dropping to -98.67% in 2019 from -29.63% in 2018[32]. - The company's net cash flow from operating activities decreased by 86.18% to CNY 55,137,462.44[32]. - The company did not declare cash dividends or bonus shares for 2019, indicating a focus on reinvestment[15]. Business Strategy and Focus - In 2019, the company focused on its core business of smart grid and renewable energy, selling multiple photovoltaic power station assets and divesting from unprofitable subsidiaries, which had a negative impact on performance but is expected to benefit long-term growth[5]. - The company plans to strengthen its core business in smart grids, energy storage, and charging piles, emphasizing product quality and service optimization[8]. - The company aims to improve risk management and ensure sustainable development by enhancing institutional frameworks and controlling major project risks[8]. - The company is committed to high-quality development and aims to address challenges head-on, maintaining a focus on green energy solutions[9]. - The company is focusing on expanding its new energy business, particularly in energy storage and electric vehicle charging solutions[46]. - The company has established a comprehensive energy service model that integrates electricity, cooling, heating, and gas to meet diverse customer energy needs[47]. Organizational Changes - In 2019, the company underwent organizational restructuring to enhance customer focus and improve operational efficiency, establishing a new international subsidiary to expand overseas business[5]. - The company has implemented a new governance structure with a clear separation of roles between the chairman and the president to enhance management efficiency[5]. - The company has established a subsidiary, Kelu International, to prioritize overseas business development as a key growth direction[63]. - The company has implemented organizational optimization and performance management systems to enhance operational efficiency and employee motivation[63]. Research and Development - The company applied for 94 patents and obtained 104 patents in 2019, with a total of 1,403 patent applications and 964 patents granted as of December 31, 2019[54]. - The company is actively developing new products such as a portable non-vehicle charging detection device and a smart circuit breaker switch[105]. - The company aims to enhance its competitive edge by focusing on R&D in energy management systems and battery health assessment methods[110]. - R&D investment amounted to ¥304,133,035.25 in 2019, a decrease of 16.56% compared to ¥364,480,744.38 in 2018[123]. - The company has a focus on automation and efficiency with new devices for meter calibration and testing[116]. Market Opportunities - The company anticipates significant market opportunities in the charging pile industry and energy distribution business due to new infrastructure initiatives and reforms in the electricity system[9]. - The company has successfully entered the North American energy storage market, meeting UL1971/UL9540 safety certification requirements[59]. - The company has expanded its charging cloud platform to cover 25 provinces and 128 cities in China, with a platform revenue of nearly ¥350 million in 2019[62]. - The company is exploring potential mergers and acquisitions to bolster its technology portfolio and market reach[110]. Asset Management - Significant asset changes include a reduction in equity assets due to the transfer of a 58.07% stake in Shanghai Karnai and a decrease in fixed assets from the impairment of photovoltaic power stations[50]. - The company has disposed of several non-core assets, including photovoltaic power station assets, to enhance liquidity and focus on core business operations[65]. - The company reported a total of approximately RMB 2.14 billion in contracts with Nengxi Technology, which has since been terminated[82]. Future Outlook - Future outlook includes expanding market presence through innovative energy storage solutions and charging infrastructure[110]. - The company is focusing on the integration of energy storage with renewable energy sources, with a requirement for 10% energy storage capacity for wind and solar projects to ensure grid connection[196]. - The company anticipates a rapid development phase for energy storage during the 14th Five-Year Plan, with a predicted scale of electrochemical energy storage reaching nearly 20GW by 2023[196]. - The competitive landscape in the smart grid sector is evolving, with a push towards building a leading energy internet enterprise by 2025[190].

Financial Performance - The company's operating revenue for the first quarter of 2020 was CNY 868,651,215.85, representing a 9.77% increase compared to CNY 791,335,602.65 in the same period last year[9]. - The net profit attributable to shareholders of the listed company was CNY 13,692,026.20, a significant turnaround from a loss of CNY 110,425,676.48 in the previous year, marking a 112.40% improvement[9]. - Basic and diluted earnings per share were both CNY 0.0097, compared to a loss of CNY 0.0784 in the same period last year, reflecting a 112.37% increase[9]. - The company achieved a gross profit margin of approximately 28.8% in Q1 2020, compared to 29.0% in Q1 2019, indicating stable profitability despite increased costs[21]. - Operating profit improved significantly to ¥17,668,643.12, compared to a loss of ¥105,375,485.87 in the same period last year[74]. - Net profit for the period was ¥16,956,212.09, recovering from a loss of ¥110,194,492.19 in the previous year[74]. - The company reported a net profit of ¥15,790,793.54 for the current period, compared to a net loss of ¥111,275,688.23 in the previous period[76]. - Total comprehensive income for the current period was ¥17,320,040.05, while the previous period showed a total comprehensive loss of ¥111,193,686.98[76]. Cash Flow - The net cash flow from operating activities decreased by 34.24% to CNY 42,472,763.21 from CNY 64,590,236.14 in the previous year[9]. - The cash flow from financing activities showed a net inflow of RMB 115,663,339.80, an increase of 88.70% year-on-year, primarily due to reduced financing scale in the previous year[24]. - Cash flow from operating activities was ¥773,351,483.54, down from ¥1,200,543,509.55 in the previous period, indicating a decrease of approximately 35.5%[84]. - The net cash flow from financing activities was -115,663,339.80, compared to -1,023,235,439.84 in the previous period, indicating improved cash management[90]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,851,406,771.89, down 2.60% from CNY 10,114,225,431.99 at the end of the previous year[9]. - The total liabilities decreased by RMB 272,176,453.23, a reduction of 41.85%, mainly due to the maturity of a corporate bond issued in 2017[20]. - The company's total assets amounted to ¥11,709,239,725.14, a slight decrease from ¥11,829,660,629.72[69]. - Total liabilities decreased to ¥9,171,941,327.18 from ¥9,327,331,243.32, reflecting a reduction of approximately 1.7%[69]. - The company's equity increased to CNY 2,246,275,337.38 from CNY 2,074,838,914.68, representing a growth of about 8.27%[59]. - The company has accounts receivable totaling CNY 2.35 billion, which is critical for cash flow management[105]. - The company reported a goodwill of CNY 96.77 million, indicating potential future benefits from acquisitions[98]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 63,799, with the top ten shareholders holding 24.26% each[14]. - The company reported no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[48]. Government Support and Subsidies - The company received government subsidies amounting to CNY 16,900,480.10 during the reporting period[13]. Research and Development - The company’s R&D expenses decreased by RMB 10,020,117.29, a reduction of 17.31%, attributed to cost-cutting measures and the impact of the pandemic[21]. - Research and development expenses were ¥21,052,317.85, down from ¥25,609,286.72, reflecting a reduction of about 17.5% year-over-year[80]. Bids and Contracts - The company successfully won a bid for a project with Nepal Electricity Authority, valued at approximately RMB 80 million, although construction has been delayed due to the pandemic[25]. - The company won a bid for the National Grid's second round of electric meter and information collection equipment, with a total bid amount of approximately RMB 185.59 million[31]. - The company was awarded the first batch of battery cluster procurement for the energy storage project from Pinggao Group, with an estimated bid amount of approximately RMB 83.11 million[32]. - The company was selected as a candidate for the Guangdong Power Grid's marketing equipment framework tender, with a bid amount of approximately RMB 150.23 million[33]. - The company received a bid notification for the first round of electric meter procurement from the National Grid, with a total bid amount of approximately RMB 254.64 million[34]. - The company won a bid for the second round of distribution network material procurement from the National Grid Jiangsu Electric Power Company, with an estimated bid amount of approximately RMB 20.50 million[34]. - The company’s subsidiary Suzhou Kelu Dongzi Electric Co., Ltd. won a bid for automation equipment for 10kV circuit breakers, with a total bid amount of approximately RMB 186.78 million[35]. - The company was selected as a candidate for the second round of electric meter procurement from the National Grid, with an estimated bid amount of approximately RMB 127.39 million[36]. - The company was a candidate for the second batch of metering products procurement from China Southern Power Grid, with an estimated bid amount of approximately RMB 110.57 million[37]. Corporate Actions - The company announced the transfer of 100% equity of a subsidiary for CNY 1, which was completed before the financial report was issued, affecting the consolidation scope[9]. - The company plans to issue non-public corporate bonds not exceeding RMB 1 billion, with a term of up to 5 years[36]. - The company has initiated a non-public bond issuance plan not exceeding RMB 500 million, also with a term of up to 5 years[37].

Financial Performance - Net profit attributable to shareholders was CNY -116,925,338.71, a decline of 160.92% year-on-year[8] - Operating revenue for the period was CNY 824,667,998.61, down 17.90% compared to the same period last year[8] - The net cash flow from operating activities was CNY -109,801,884.40, a decrease of 168.13% year-on-year[8] - Basic earnings per share were CNY -0.0830, reflecting a decline of 161.01% compared to the previous year[8] - The company reported a net loss of CNY 146.62 million for the period, compared to a profit of CNY 47.84 million in the previous year[69] - Total revenue for the current period was CNY 824,667,998.61, a decrease from CNY 1,004,520,825.12 in the previous period, representing a decline of approximately 18%[79] - The net loss for the current period was -111,593,232.48 CNY, compared to a net loss of -21,537,011.80 CNY in the previous period[89] - The company reported a total profit of approximately -¥798.11 million, compared to -¥53.21 million in the previous period[100] Assets and Liabilities - Total assets decreased by 15.21% to CNY 11,373,655,837.65 compared to the end of the previous year[8] - The company's current assets totaled CNY 5.84 billion, down from CNY 6.78 billion at the end of 2018, indicating a decrease of about 13.9%[60] - Total liabilities decreased to CNY 7.90 billion from CNY 9.76 billion, a reduction of approximately 19.1%[66] - The company's short-term borrowings rose to CNY 3.13 billion from CNY 2.85 billion, an increase of about 10.2%[63] - The total equity attributable to shareholders decreased to CNY 3.30 billion from CNY 3.49 billion, a decline of approximately 5.4%[69] - Total assets amounted to CNY 11,945,458,230.00, down from CNY 13,675,079,905.83 in the previous period, a decrease of approximately 12%[79] - Total liabilities were CNY 8,840,431,173.66, compared to CNY 9,797,876,945.92 in the previous period, showing a decline of about 10%[76] Cash Flow - The net cash flow from investment activities increased by RMB 98,020.86 million, a growth of 180.03%, due to the receipt of transfer payments from equity sales[24] - Cash and cash equivalents decreased to CNY 1.07 billion from CNY 1.32 billion, reflecting a decline of approximately 19.0%[60] - The company’s cash and cash equivalents decreased to CNY 1,897,881.24 from CNY 16,430,072.01, indicating a significant drop in liquidity[76] - Net cash flow from operating activities was 39,432,604.55, a decrease from 138,654,530.58 in the previous period[107] - Cash outflow from operating activities amounted to 2,698,504,391.31, compared to 3,135,538,267.21 in the previous period[107] Shareholder Information - The total number of shareholders at the end of the reporting period was 73,724[12] - The largest shareholder, Shenzhen Yuan Zhi Investment Co., Ltd., held 24.26% of the shares[12] - The controlling shareholder, Mr. Rao Luhua, transferred 113,895,069 shares to Yuanzhi Investment on April 26, 2019, completing the transfer process[44] - Yuanzhi Investment increased its stake by acquiring 1,012,900 shares at an average price of 4.93 RMB per share on June 19, 2019, now holding 341,685,291 shares, approximately 24.99% of the total share capital[45] Government Support and Other Income - The company reported non-operating income of CNY 242,763,177.62 for the period[8] - Government subsidies recognized in the current period amounted to CNY 65,718,880.09[8] - The company experienced a significant increase in other income by RMB 3,185.55 million or 70.79%, primarily due to increased government subsidies[19] - The company reported a significant increase in other income, amounting to CNY 21,255,022.27, compared to CNY 5,949,218.48 in the previous period[81] Investment and Financing Activities - The company plans to issue non-public corporate bonds not exceeding RMB 1 billion, with a term of up to 5 years, approved by the board and shareholders[39] - The company intends to issue short-term financing bonds not exceeding RMB 1.2 billion to optimize debt structure and reduce financial costs, with approval from the board and shareholders[40] - The company issued bonds worth RMB 500 million in July 2019, leading to a significant increase in payable bonds by RMB 49,645.22 million or 248.58%[19] Research and Development - Research and development expenses decreased to CNY 59,306,551.75 from CNY 74,579,180.84, a reduction of approximately 20%[79] - Research and development expenses for the current period were approximately ¥85.81 million, an increase from ¥77.51 million in the previous period[100]

证券代码：002121 证券简称：科陆电子 公告编号：2019113 深圳市科陆电子科技股份有限公司 关于参加 2019 年深圳上市公司投资者网上集体接待日 活动的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市科陆电子科技股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"改革创新发展沟通互信共赢"——深圳辖区上市公司2019年度投资者 网上集体接待日主题活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为2019年9月3日14:00至18:00。 届时公司董事、董事会秘书黄幼平女士和财务总监熊晓建先生将通过网络文 字交流形式与投资者进行沟通。欢迎广大投资者积极参与。 特此公告。 深圳市科陆电子科技股份有限公司 董事会 二〇一九年八月二十九日 ...

Financial Performance - The company's operating revenue for the first half of 2019 was ¥1,516,261,624.45, a decrease of 23.09% compared to ¥1,971,578,911.75 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was -¥77,529,834.66, representing a decline of 219.97% from ¥64,622,142.45 in the previous year[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥310,597,230.06, a decrease of 465.09% compared to -¥54,964,295.92 in the same period last year[25]. - The net cash flow from operating activities was ¥149,234,488.95, an increase of 762.86% compared to -¥22,513,685.30 in the previous year[25]. - The total assets at the end of the reporting period were ¥11,867,113,790.52, down 11.53% from ¥13,414,369,894.96 at the end of the previous year[25]. - The net assets attributable to shareholders of the listed company were ¥3,419,399,770.37, a decrease of 2.16% from ¥3,494,788,132.13 at the end of the previous year[25]. - The basic earnings per share were -¥0.0551, a decline of 220.04% from ¥0.0459 in the same period last year[25]. - The diluted earnings per share were also -¥0.0551, reflecting the same decline of 220.04% compared to ¥0.0459 in the previous year[25]. - The weighted average return on net assets was -2.24%, down from 1.33% in the previous year, a decrease of 3.57%[25]. - The company's financial expenses increased by 20.96% to ¥224,436,628.40 due to rising financing costs[61]. Revenue Breakdown - The company's total revenue for the reporting period was approximately RMB 1,513.95 million, a decrease of 23.04% year-over-year[64]. - The domestic revenue accounted for 85.45% of total revenue, amounting to RMB 1,295.61 million, down 27.90% compared to the previous year[64]. - The international revenue increased by 26.35% year-over-year, reaching RMB 220.65 million, which represents 14.55% of total revenue[64]. - The energy management and services segment saw a revenue decline of 33.79%, totaling RMB 202.56 million, primarily due to the transfer of photovoltaic project companies[64]. - The energy storage business experienced a significant revenue drop of 61.99%, amounting to RMB 90.60 million, attributed to supply chain constraints[64]. - The financial services segment's revenue decreased by 33.52%, totaling RMB 21.54 million, due to liquidity issues affecting related businesses[64]. Investment and Projects - The investment amount during the reporting period is RMB 13,272,270.38, a decrease of 97.69% compared to the same period last year[72]. - The company has reported a total of RMB 93.65 million invested in the reporting period for various projects[83]. - The investment progress for the "Smart Energy Storage and Microgrid" project is 64.69%, with a total investment of RMB 18,115 million[83]. - The "New Energy Vehicles and Charging Network" project has a cumulative investment of RMB 13,279.24 million, achieving 28.91% of the planned investment[83]. - The "110MW Ground Photovoltaic Power Generation" project has a cumulative investment of RMB 3,715.17 million, achieving 10.09% of the planned investment[83]. - The company has established a joint venture with LG Chem to promote grid-level energy storage products in Europe and North America, achieving initial success with orders delivered to Italy, Japan, India, and Africa[55]. Corporate Strategy and Innovation - The company is actively participating in the development of new products such as the next-generation TTU, energy routers, and smart switches within the national power IoT initiative[35]. - The company is focusing on expanding its new energy business, particularly in energy storage and electric vehicle charging solutions[35]. - The company has a robust research and development system, recognized as a national technology innovation demonstration enterprise[41]. - The company is focusing on technological innovation in smart grid and energy storage systems, aiming to enhance its core competitiveness in the market[60]. - The company has established a cloud-based lifecycle service system for energy storage systems, optimizing system design based on operational data analysis[44]. Legal and Compliance Issues - The company has disclosed a significant litigation case involving a claim of RMB 87.5 million, which is currently under execution proceedings[162]. - The company confirmed a total outstanding payment of RMB 41.86 million and interest of RMB 3.80 million owed to China Gezhouba Group, totaling RMB 45.66 million[168]. - The company reached a settlement with CATL, agreeing to pay a total of RMB 16.38 million, with a payment plan that includes RMB 4 million by the end of January 2019 and subsequent payments totaling RMB 12.38 million by the end of May 2019[170]. - The company has a legal dispute with Ningde Times regarding a sales contract, with a total amount of RMB 16.38 million involved in the settlement[170]. - The company has a total of 19,778.73 million yuan involved in ongoing litigation, with no significant impact on its operations[175]. Risk Management - The company faces risks from changes in industrial policies, particularly in the strategic emerging industries of smart grids and renewable energy, which could impact business development if significant adjustments occur[131]. - The company has experienced an increase in asset-liability ratio due to rapid expansion in the renewable energy sector, which is capital-intensive, potentially leading to liquidity pressures if business development does not meet expectations[131]. - The company has implemented strict confidentiality measures and incentive plans to mitigate risks related to technology leaks and the loss of core technical personnel, which are critical to maintaining its competitive advantage[131]. Shareholder and Dividend Policy - The company plans to prioritize cash dividends, aiming to distribute at least 10% of the annual distributable profits in cash, with a cumulative cash distribution over the last three years not less than 30% of the average annual distributable profits[144]. - The company will maintain a minimum cash dividend ratio of 80% during profit distribution if it is in a mature stage without significant capital expenditure plans[146].

Financial Performance - The company's operating revenue for Q1 2019 was ¥791,335,602.65, a decrease of 1.35% compared to ¥802,154,590.67 in the same period last year[8] - The net profit attributable to shareholders was -¥110,425,676.48, representing a decline of 458.70% from ¥30,785,231.79 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥115,614,295.47, a decrease of 1033.89% compared to ¥12,379,886.73 last year[8] - The basic earnings per share were -¥0.0784, a decrease of 457.99% from ¥0.0219 in the same period last year[8] - The diluted earnings per share were also -¥0.0784, reflecting the same percentage decline as the basic earnings per share[8] - The weighted average return on equity was -3.21%, down 3.85% from 0.64% in the previous year[8] - The company's net profit margin turned negative with an unallocated profit of -¥62,587,416.74, reflecting a significant operational loss[21] - The net profit for the first half of 2019 is expected to be positive, with a year-on-year increase of over 50%[50] - The estimated net profit range for the first half of 2019 is between 9,693.32 million and 12,924.43 million yuan, compared to 6,462.21 million yuan in the same period of 2018[50] Cash Flow and Assets - The net cash flow from operating activities was ¥64,590,236.14, a significant increase of 641.02% from -¥11,938,557.56 in the same period last year[8] - The company's cash and cash equivalents decreased by 39.13% to ¥806,146,566.46 from ¥1,324,276,759.25 due to reduced operational settlement funds[21] - The total assets at the end of the reporting period were ¥11,699,404,169.40, down 12.78% from ¥13,414,369,894.96 at the end of the previous year[8] - The total liabilities as of March 31, 2019, are 8,154.84 million yuan, down from 9,759.79 million yuan at the end of 2018[63] - The company's cash and cash equivalents decreased to 806.15 million yuan from 1,324.28 million yuan at the end of 2018[57] - Total current assets decreased to CNY 6,266,171,444.73 from CNY 6,588,402,736.32, a decline of approximately 4.9%[70] - Total non-current assets decreased to CNY 6,039,138,071.90 from CNY 7,086,677,169.51, a decline of about 14.8%[70] Liabilities and Equity - The net assets attributable to shareholders decreased by 3.12% to ¥3,385,674,560.53 from ¥3,494,788,132.13 at the end of the previous year[8] - The total equity decreased to CNY 3,765,416,448.33 from CNY 3,877,202,959.91, a decline of approximately 2.9%[73] - The total liabilities decreased to CNY 8,539,893,068.30 from CNY 9,797,876,945.92, a reduction of about 12.8%[73] Investment and Financing Activities - The company is in the process of issuing corporate bonds not exceeding RMB 1 billion, with a term of up to 5 years, to support its financial and operational needs[36] - The company plans to issue super short-term financing bonds not exceeding RMB 1.2 billion, with a maturity of up to 270 days, to optimize its debt structure and reduce financial costs[40] - The company intends to repurchase shares with a total amount not exceeding RMB 200 million and not less than RMB 50 million, with a maximum repurchase price of RMB 14.965 per share, within 12 months[41] - The company reported a 415.41% increase in asset impairment losses, amounting to ¥49,471,710.97, compared to a negative asset impairment loss in Q1 2018[25] - The company's financial expenses rose by 9.39% to ¥103,759,182.92, influenced by increased financing costs due to external financial environment[25] Contracts and Bids - The company signed a contract with Yunnan Jiangchuan Cuifeng Cement Co., Ltd. for a total amount of RMB 88.4 million, but the project has stalled due to management issues and insufficient external product demand[29] - The company won multiple bids from the State Grid Corporation, with total bid amounts of approximately RMB 83.82 million, RMB 281.9 million, RMB 225.68 million, and RMB 169.03 million, with some amounts still pending fulfillment[29] - The company secured a bid for the design, supply, installation, and commissioning of a 220kV substation in Nepal, with a total bid amount of approximately RMB 80 million, and construction is actively progressing[29] - The company has ongoing contracts with various entities, including a total of RMB 1.01 billion in contracts for energy meters and related equipment, with several amounts still pending fulfillment[29] - The company is actively pursuing market expansion through various international bids, including a project in Peru with a total bid amount of approximately USD 686.54 million[29] Research and Development - Research and development expenses increased to ¥25,609,286.72 from ¥22,728,618.99 in the previous period, indicating a focus on innovation[84]