证券代码：002177 证券简称：御银股份 广州御银科技股份有限公司 投资者关系活动记录表 编号：2016-001 | --- | --- | --- | |----------------|------------------------|--------------------------------------------------------| | | | | | 投资者关系活动 | ■ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | | 恒大金融资产管理有限公司 张磊；大成基金管理有限公司 王 | | 人员姓名 | | 鑫；深圳兆丰禾投资管理有限公司 陈召洪、余能彪；新华基 | | | | 金管理股份有限公司 杨祺；安信证券股份有限公司 张铁乾； | | | | 盈峰资本管理有限公司 龙江伟；国都证券股份有限公司 陈 | | | | 柳；方正证券股份有限公司 李红生；方正富邦基金管理有限 | | | | 公司 巩 ...

编号：2021-001 证券代码：002177 证券简称：御银股份 广州御银科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------------|----------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 ■ | 业绩说明会 | | | □ 新闻发布会 □ | 路演活动 | | | □ 现场参观 | | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 参与公司 2020 | 年度业绩网上说明会的投资者 | | 时间 | 2021 年 5 月 10 日 | 15:00—17:0 ...

广州御银科技股份有限公司 投资者关系活动记录表 证券代码：002177 证券简称：*ST 御银 编号：2022-002 | --- | --- | --- | |-----------------------------|---------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 □ | 业绩说明会 | | | □ 新闻发布会 □ | 路演活动 | | | □ 现场参观 | | | | √ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 | 参加 2022 | 广东辖区上市公司投资者集体接待日活动，以网 络远程的方式与网络参会投资者进行交流 | | 人员姓名 | | | | 时间 | 2022 ...

Revenue and Profitability - Revenue for Q3 2022 was CNY 18,487,822.59, an increase of 4.65% year-over-year, while year-to-date revenue decreased by 8.36% to CNY 54,329,028.26[5] - Net profit attributable to shareholders for Q3 2022 reached CNY 60,797,291.70, a significant increase of 221.68% compared to the same period last year, and a year-to-date increase of 171.29% to CNY 52,258,319.17[5] - Basic earnings per share for Q3 2022 was CNY 0.0799, reflecting a 221.80% increase year-over-year, with year-to-date earnings per share at CNY 0.0687, up 171.34%[5] - Total operating revenue for Q3 2022 was CNY 54,329,028.26, a decrease of 8.3% compared to CNY 59,282,442.38 in the same period last year[22] - Net profit for Q3 2022 was CNY 52,258,319.17, a significant recovery from a net loss of CNY 73,299,775.18 in Q3 2021[23] - Earnings per share for Q3 2022 were CNY 0.0687, compared to a loss per share of CNY 0.0963 in the same quarter last year[23] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 23,654,700.06, showing a substantial increase of 207.17%[5] - The net cash flow from operating activities for Q3 2022 was ¥23,654,700.06, a significant improvement compared to a net outflow of ¥22,071,725.35 in Q3 2021[25] - Total cash inflow from investment activities reached ¥3,872,772,097.91, compared to ¥2,104,774,671.64 in the same period last year[25] - The net cash flow from investment activities was -¥34,887,786.96, an improvement from -¥252,881,152.31 in Q3 2021[25] - Cash outflow from financing activities totaled ¥78,619,524.85, compared to ¥508,058,672.03 in Q3 2021[25] - The company received tax refunds amounting to ¥3,922,521.63, an increase from ¥630,530.17 in the previous year[25] - Cash inflow from other operating activities was ¥6,148,308.88, compared to ¥3,094,924.93 in Q3 2021[25] - The cash inflow from the disposal of fixed assets was ¥386,786.00, compared to ¥11,810.87 in Q3 2021[25] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 1,759,279,947.69, a slight decrease of 0.01% from the previous year-end[5] - Total assets as of Q3 2022 amounted to CNY 1,759,279,947.69, slightly down from CNY 1,759,499,465.97 at the end of the previous quarter[20] - Total liabilities decreased to CNY 78,728,676.91 from CNY 123,786,576.22 year-on-year[20] - Non-current assets totaled CNY 1,295,763,479.87, an increase from CNY 1,241,381,832.16 in the previous year[20] - Deferred income tax liabilities rose to CNY 21,639,329.94 from CNY 3,652,076.66 year-on-year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 97,947[13] - The largest shareholder, Yang Wenjiang, holds 16.11% of the shares, totaling 122,641,574 shares[13] Strategic Decisions and Risks - The company plans to divest its 9% stake in Foshan Haisheng Financial Leasing Co., Ltd. for 306 million yuan[14] - The company has canceled the investment to establish a wholly-owned subsidiary, which will not adversely affect its operations[15] - The company is under risk warning for potential delisting due to negative net profit and revenue below 100 million yuan[16] - The company has not disclosed any new product developments or market expansion strategies in the recent reports[15] Operating Costs and Expenses - Total operating costs for Q3 2022 were CNY 46,167,662.91, down 35.4% from CNY 71,462,492.25 year-on-year[22] - The company experienced a 61.13% decrease in R&D expenses year-over-year, indicating a strategic focus on cost control[11]

Financial Performance - The company reported a negative net profit after deducting non-recurring gains and losses for the year 2021, with operating revenue below 100 million RMB, triggering a delisting risk warning on May 5, 2022[4]. - The company's total revenue for the reporting period was ¥35,841,205.67, a decrease of 13.88% compared to the same period last year[34]. - The net profit attributable to shareholders was -¥8,538,972.53, an improvement of 63.41% year-over-year[34]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,321,426.11, representing a significant increase of 265.57% compared to the previous year[34]. - The company's operating revenue for the reporting period was ¥35,841,205.67, a decrease of 13.88% compared to ¥41,616,765.91 in the same period last year[42]. - The company's operating costs decreased by 28.61% to ¥14,159,250.98 from ¥19,834,315.50 year-on-year[42]. - The net cash flow from operating activities was ¥16,020,010.92, a remarkable increase of 288.16% year-over-year[34]. - The company reported a total comprehensive loss for the first half of 2022 was ¥8,455,873.35, compared to a loss of ¥23,357,098.27 in the first half of 2021[148]. - The company reported a significant increase in net profit, with a year-on-year growth of 25% in the first half of 2022[186]. Dividend and Shareholder Information - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[6]. - The company did not distribute cash dividends or bonus shares for the half-year period[82]. - The company has committed to distributing cash dividends amounting to at least 30% of the average distributable profits over the last three years[94]. - The total number of ordinary shareholders at the end of the reporting period was 110,334, with a major shareholder, Yang Wenjiang, holding 16.11% of the shares[126]. Risks and Governance - The company has detailed potential risks and countermeasures in the report, which investors should pay attention to[5]. - The company’s stock has been subject to delisting risk due to its financial performance, and investors are advised to make cautious decisions[4]. - The company has not provided specific future performance guidance or forecasts in the report, emphasizing the need for investors to understand the difference between plans and commitments[4]. - The company faces significant industry risks due to rapid advancements in financial technology, necessitating continuous innovation to meet market demands and maintain competitive advantage[70]. - The company plans to enhance governance and internal controls to improve operational performance and seek new business opportunities for sustainable development[77]. - The company has established a comprehensive governance structure to protect the rights of shareholders and creditors, ensuring timely and accurate information disclosure[89]. Subsidiaries and Market Presence - The company has a total of 100% ownership in several subsidiaries, including Guangzhou Yuxin Software Co., Ltd. and Guangzhou Yuyin Financial Electronic Equipment Co., Ltd.[15]. - The company has completed the transfer of all shares in Huadu Village Bank and no longer holds any equity in it[15]. - The company is focusing on expanding its market presence in electronic products and financial equipment[66]. - The company has positioned itself to capitalize on opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, enhancing its property to attract specialized small and medium enterprises[37]. - The company is exploring partnerships with local firms to enhance distribution channels and improve market penetration[186]. Research and Development - The company reduced its R&D investment by 68.96% to ¥2,108,692.82 from ¥6,793,469.90 year-on-year, primarily due to decreased personnel expenses[42]. - Research and development expenses were reduced to ¥2,108,692.82, a decrease of 68.9% from ¥6,793,469.90 in the previous year[146]. - The company is investing in research and development for new technologies in ATM and cash handling equipment[66]. - Research and development expenses increased by 30%, reflecting the company's commitment to innovation and new technology[186]. Financial Position and Assets - The company's total assets at the end of the reporting period were ¥1,682,433,911.61, down 4.38% from the end of the previous year[34]. - The company's net assets attributable to shareholders were ¥1,619,645,103.46, a decrease of 0.98% compared to the end of the previous year[34]. - The company's total liabilities included long-term borrowings of CNY 71,000,000.00, which were fully repaid during the reporting period[50]. - The total value of financial assets measured at fair value was 5,005,704.77 yuan[60]. - The total current assets decreased to CNY 463,933,069.35 from CNY 518,117,633.81 at the beginning of the year, representing a decline of approximately 10.5%[140]. - The company's cash and cash equivalents decreased to CNY 129,006,647.09 from CNY 160,036,927.72, a reduction of about 19.4%[140]. Strategic Initiatives and Future Outlook - The company aims to align with national policies promoting digital economy and financial technology development, targeting a significant role in the digital transformation of the financial industry[34]. - The company is committed to sustainable high-quality development and seeks to diversify its business layout to seize greater transformation opportunities[34]. - Future outlook includes potential mergers and acquisitions to enhance market share and product offerings[67]. - The company plans to enhance its park management capabilities and service offerings to improve customer retention and expand its client base[73]. - The company expects revenue growth of 20% for the full year 2022, driven by new product launches and market expansion strategies[186]. Environmental and Social Responsibility - The company emphasizes environmental protection and has not faced any administrative penalties related to environmental issues during the reporting period[86]. - The company has not reported any significant environmental pollution issues and adheres to green development principles[87]. Financial Instruments and Accounting - Financial assets measured at amortized cost include receivables, long-term receivables, and debt investments, initially measured at fair value with transaction costs included[192]. - Financial assets measured at fair value with changes recognized in other comprehensive income include debt instruments and are initially measured at fair value, with subsequent changes recorded in other comprehensive income[193]. - Financial liabilities measured at fair value with changes recognized in profit or loss include trading financial liabilities and derivative financial liabilities, initially measured at fair value[194].

Financial Performance - The net profit for the year 2021 was -61,761,252.29 RMB, with total operating revenue of 89,463,376.82 RMB[5]. - The company's operating revenue for 2021 was ¥89,463,376.82, a decrease of 50.94% compared to ¥182,349,931.14 in 2020[19]. - The net profit attributable to shareholders for 2021 was -¥61,761,252.29, representing a decline of 186.07% from ¥71,756,896.38 in 2020[19]. - The net cash flow from operating activities decreased by 85.02% to ¥8,784,044.16 in 2021, down from ¥58,629,917.61 in 2020[19]. - The company's total profit was -¥50,048,406.58, representing a decline of 162.32% year-on-year[39]. - The company reported a negative net profit for the last three accounting years, indicating ongoing financial challenges[20]. - The company reported a significant loss in securities investments, impacting overall profitability across several subsidiaries[81]. - The overall financial performance indicates challenges, with several subsidiaries reporting negative net profits[78]. Risk Factors - The company is at risk of being delisted as its net profit is negative and operating revenue is below 100 million RMB, triggering a warning for its stock trading[5]. - The company emphasizes the importance of risk awareness among investors regarding its future plans and forecasts[5]. - The company has detailed potential risks and countermeasures in its annual report, which investors should pay attention to[5]. - The company faces intensified competition in the financial technology sector due to the rapid digital transformation of financial institutions[84]. - The company’s stock was subject to delisting risk warnings due to 2021 audited revenue being below RMB 100 million and a negative net profit attributable to shareholders[86]. Corporate Governance - The company strictly adheres to the requirements of the Company Law and relevant regulations, ensuring no discrepancies in governance practices[96]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[93]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring no interference in decision-making[97]. - The company has established a reasonable performance evaluation and incentive system linking management and employee compensation to business performance[93]. - The company has a dedicated internal audit department that conducts audits and supervises financial operations, ensuring compliance with internal controls[95]. - The company has independent financial management and accounting systems, with no shared bank accounts with the controlling shareholder[99]. - The company actively engages in investor relations, ensuring transparent and timely information disclosure to all shareholders[95]. - The company has completed the election of the supervisory board, which consists of 3 members, ensuring compliance with governance standards[93]. Operational Strategy - The company is actively seeking transformation and adjusting its product structure in response to the declining traditional financial equipment market[31]. - The company has identified digitalization and intelligence as key development directions in the financial market[31]. - The company is focusing on enhancing financial services efficiency and inclusivity through financial technology strategies[32]. - The company aims to enhance its core competitiveness through diversified development and innovation, focusing on financial technology and industrial park operations[82]. - The company plans to explore transformation opportunities by leveraging big data, AI, blockchain, and IoT technologies to improve profitability and sustainable development[82]. - The company will expand its operational management of technology parks, with new revenue streams expected from the Yuyin Industrial Park in 2022[83]. Subsidiary Performance - The total revenue from the main subsidiaries significantly impacted the net profit, with some subsidiaries reporting losses[78]. - The subsidiary Guangzhou Yuyin Automatic Teller Machine Technology Co., Ltd. had a total asset value of 117,541,114.14 RMB and a net profit of -3,143,104.34 RMB[78]. - The subsidiary Guangzhou Yuxin Software Co., Ltd. generated a net profit of 1,297,304.29 RMB from total assets of 105,404,926.86 RMB[78]. - Guangzhou Yuyin Intelligent Technology Co., Ltd. experienced a 71.87% decline in revenue, with operating profit and net profit decreasing by 302.13% and 192.78% respectively, attributed to reduced maintenance income[81]. - Guangzhou Yuyin Software Co., Ltd. saw a significant drop in revenue, operating profit, and net profit by 96.09%, 107.24%, and 106.60% respectively, due to decreased software sales and investment losses[81]. Employee and Management Information - The total number of employees at the end of the reporting period is 199, with 70 from the parent company and 129 from major subsidiaries[120]. - The company has a total of 199 employees receiving salaries, with 56 in technical roles and 20 in finance[120]. - The management team includes individuals with extensive experience in finance and technology sectors, enhancing the company's strategic direction[108]. - The company has a diverse management team with various roles across multiple subsidiaries and affiliated companies[108]. Financial Reporting and Audit - The audit opinion for the financial statements was a standard unqualified opinion, indicating that the financial statements fairly reflect the company's financial position and results of operations for the year ended December 31, 2021[197]. - The audit was conducted by Lixin Certified Public Accountants, with the audit report signed on April 27, 2022[195]. - The company reported zero significant defects in financial and non-financial reporting for the year 2021[132]. - The internal control self-evaluation report was disclosed on April 29, 2022, covering 100% of the company's consolidated financial statement assets[131]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 165,103, compared to 127,230 at the end of the previous month[184]. - Major shareholder Yang Wenjiang holds 122,641,574 shares, accounting for 16.11% of the total share capital[185]. - The company reported a total distributable profit of approximately ¥611.05 million, with cash dividends accounting for 100% of the profit distribution[127]. - The cash dividend policy was executed with a distribution of ¥0.10 per 10 shares, totaling approximately ¥7.61 million distributed to shareholders[126].

Financial Performance - The company's revenue for Q1 2022 was ¥18,059,759.23, a decrease of 13.29% compared to ¥20,827,512.70 in the same period last year[3] - The net profit attributable to shareholders was -¥28,238,504.69, an improvement of 18.21% from -¥34,524,571.62 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,428,695.72, a significant increase of 180.27% compared to -¥5,517,224.73 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 18,059,759.23, a decrease of 13.3% from CNY 20,827,512.70 in the same period last year[20] - Net loss for Q1 2022 was CNY 28,238,504.69, compared to a net loss of CNY 34,524,571.62 in Q1 2021, representing an improvement of 18.3%[21] - The total comprehensive loss for Q1 2022 was CNY 28,253,073.01, an improvement from CNY 34,516,453.59 in Q1 2021[21] Cash Flow - The net cash flow from operating activities was ¥6,529,089.58, a substantial increase of 255.15% from -¥4,208,367.54 in the same period last year[3] - Cash received from operating activities totaled ¥19,491,009.49, down from ¥25,859,172.51 in Q1 2021, indicating a decline in operational cash generation[22] - The net cash flow from investment activities was ¥28,354,395.78, a turnaround from a net outflow of ¥142,740,614.78 in the previous year[22] - The net cash flow from financing activities was -¥71,152,947.13, compared to an inflow of ¥120,157,404.15 in the same quarter last year, indicating a shift in financing strategy[22] - The total cash and cash equivalents at the end of Q1 2022 stood at ¥123,716,405.63, an increase from ¥92,889,953.20 at the end of Q1 2021[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,674,502,934.16, a decrease of 4.83% from ¥1,759,499,465.97 at the end of the previous year[3] - The total current assets decreased from 518,117,633.81 CNY to 449,822,723.61 CNY, a reduction of approximately 13.2%[17] - The total liabilities decreased to CNY 67,043,117.42 from CNY 123,786,576.22 year-on-year, indicating a significant reduction in financial obligations[21] - The total liabilities include accounts payable of 40,827,035.13 CNY, which increased from 23,600,890.90 CNY, indicating a rise of approximately 72.8%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 165,103[11] - The largest shareholder, Yang Wenjiang, holds 16.11% of the shares, totaling 122,641,574 shares, with 15,190,000 shares pledged[11] - The total equity attributable to shareholders of the parent company was CNY 1,607,459,816.74, slightly down from CNY 1,635,712,889.75 in the previous year[21] Research and Development - Research and development expenses decreased by 73.64% year-on-year, as the company controlled its R&D spending according to plan[8] - Research and development expenses for Q1 2022 were CNY 1,025,637.13, a decrease of 73.7% from CNY 3,890,263.69 in the same period last year[21] Other Income and Expenses - Other income increased by 258.94% year-on-year, mainly due to an increase in government subsidies[8] - Other income increased to CNY 376,344.35 from CNY 104,848.17 year-on-year, showing a positive trend in additional revenue sources[21] - The company reported an investment loss of CNY 22,782,582.28 in Q1 2022, compared to a gain of CNY 10,681,185.47 in the same period last year[21] Delisting Risk - The company has implemented a delisting risk warning due to negative net profit and low revenue, with its stock trading under the name "*ST Yuyin"[14] - The company's revenue for the year 2021 was 89,463,376.82 CNY, with a net profit of -61,761,252.29 CNY, triggering a delisting risk warning[14]

Financial Performance - Revenue for Q3 2021 was CNY 17,665,676.47, a decrease of 27.20% year-over-year, and a decline of 56.03% year-to-date[3] - Net profit attributable to shareholders was a loss of CNY 49,964,600.18, representing a decrease of 219.12% year-over-year, and a loss of CNY 73,299,775.18 year-to-date, down 208.01%[3] - Basic and diluted earnings per share were both CNY -0.0656, reflecting a decrease of 219.06% year-over-year[3] - Total operating revenue for Q3 2021 was CNY 59,282,442.38, a decrease of 56.0% compared to CNY 134,824,071.82 in the same period last year[23] - Net profit for Q3 2021 was a loss of CNY 73,299,775.18, compared to a profit of CNY 67,863,264.54 in Q3 2020[24] - The total comprehensive income attributable to the parent company was -73,319,451.10 CNY, a decline from 67,822,041.98 CNY in the same period last year[25] - Basic and diluted earnings per share were both -0.0963 CNY, compared to 0.0892 CNY in the previous year[25] Assets and Liabilities - Total assets increased to CNY 1,900,304,172.37, up 6.75% from the end of the previous year[3] - The company's total assets increased to CNY 1,900,304,172.37, up from CNY 1,780,200,827.44 at the end of the previous period[21] - Total liabilities rose to CNY 276,095,375.89, compared to CNY 75,060,666.92 in the previous period[21] - Non-current assets totaled CNY 1,216,320,641.17, an increase from CNY 1,136,352,824.29[21] - The total current assets increased to ¥683,983,531.20 from ¥643,848,003.15, showing a growth of about 6.2%[19] - The total non-current assets remained stable at ¥386,885,702.47[19] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 22,071,725.35, a decline of 245.44% year-over-year[3] - The net cash flow from operating activities was -22,071,725.35 CNY, a decrease from 15,175,968.89 CNY in the previous period[27] - Total cash inflow from investment activities was 2,104,774,671.64 CNY, compared to 9,209,395,193.28 CNY in the prior period[27] - The net cash flow from investment activities was -252,881,152.31 CNY, worsening from -84,826,817.65 CNY year-over-year[27] - Cash inflow from financing activities amounted to 716,510,634.61 CNY, significantly higher than 43,839,037.32 CNY in the previous period[27] - The net cash flow from financing activities was 208,451,962.58 CNY, improving from -513,955.31 CNY in the prior year[27] - The total cash outflow from operating activities was 99,090,340.06 CNY, compared to 117,637,268.58 CNY in the prior year[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 126,003[13] - Yang Wenjiang holds 130,032,349 shares, accounting for 17.08% of the total share capital, with 15,190,000 shares pledged[16] - The company has not executed any share reduction plans as of September 15, 2021[16] Research and Development - Research and development expenses decreased by 36.93% year-over-year as the company controlled spending according to its plan[9] - Research and development expenses for Q3 2021 were CNY 10,093,023.46, down 37.0% from CNY 16,002,176.72 in the same period last year[24] Other Information - The company reported a 56.03% decline in operating income primarily due to reduced ATM sales and technical service revenues[9] - The company experienced a 77.10% decrease in cash received from investment recoveries, attributed to reduced sales of stocks and financial assets[11] - The company’s cash outflow for fixed asset construction increased by 71.78% year-over-year due to investments in the Yuyin Financial Electronic High-tech Park project[11] - The company has terminated the transfer of equity in Huadu Chouzhou Bank due to prolonged negotiations[15] - The company has completed the deregistration of its subsidiary Anhui Yuyin to optimize management efficiency[17] - The accounts receivable decreased to ¥19,751,582.86 from ¥27,487,152.78, reflecting a decline of about 28.2%[19] - The company's cash and cash equivalents decreased to ¥53,213,543.06 from ¥119,734,134.06 at the end of 2020, representing a decline of approximately 55.6%[19] - The company's trading financial assets rose to ¥576,330,249.21 from ¥463,191,455.04, indicating an increase of approximately 24.4%[19] - The company did not undergo an audit for the third quarter report[29]

Financial Performance - The company's operating revenue for the reporting period was ¥41,616,765.91, a decrease of 62.36% compared to ¥110,556,790.08 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was -¥23,335,175.00, representing a decline of 190.04% from ¥25,917,434.47 in the previous year[19]. - The net cash flow from operating activities was -¥8,514,141.10, down 144.06% from ¥19,325,053.78 in the same period last year[19]. - The basic earnings per share were -¥0.0307, a decrease of 190.29% compared to ¥0.0340 in the previous year[19]. - The total profit amounted to -¥24,623,693.77, representing a decline of 184.84% year-on-year[28]. - The net profit after deducting non-recurring gains and losses was -¥4,421,890.01, a decline of 113.93% from ¥31,753,427.06 in the same period last year[19]. - The total comprehensive income for the first half of 2021 was a loss of CNY 23,357,098.27, compared to a gain of CNY 25,935,557.31 in the first half of 2020[137]. - The company reported a significant decrease in cash received from sales of goods and services, totaling 41,461,289.26 CNY in the first half of 2021, compared to 92,372,352.83 CNY in the same period of 2020, reflecting a decline in operational performance[139]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,911,818,706.19, an increase of 7.39% from ¥1,780,200,827.44 at the end of the previous year[19]. - The total liabilities rose to CNY 237,647,556.88 from CNY 75,060,666.92, marking an increase of approximately 216.5%[130]. - The company's total assets included cash of CNY 31,667,175.29, which represented 1.66% of total assets, down from 6.73% the previous year[46]. - The total equity attributable to shareholders decreased from CNY 1,705,140,160.52 to CNY 1,674,171,149.31, a decline of about 1.8%[130]. - The company's cash and cash equivalents decreased significantly from CNY 119,734,134.06 to CNY 31,667,175.29, a decline of approximately 73.5%[128]. - The total equity at the end of the reporting period was CNY 1,663,189,882.1, which includes a capital reserve of CNY 807,589,706[149]. Revenue Streams - Revenue from ATM sales dropped significantly by 99.46%, from ¥10,896,979.39 to ¥59,328.90, indicating a major decline in this segment[39]. - Revenue from ATM cooperative operations fell by 79.78% year-over-year, attributed to decreased industry demand and rising operational costs, resulting in a 70.64% decline in gross margin[42]. - Revenue from ATM technology and financial services dropped by 72.46% year-over-year, mainly due to the expiration of ATM technology services[42]. - Other business revenue declined by 75.54% year-over-year, primarily due to a decrease in ATM parts sales[42]. - The company's rental business showed stable growth, with operating lease revenue increasing by 14.85%, from ¥16,196,338.35 to ¥18,600,846.89[39]. Research and Development - The company is investing in R&D for artificial intelligence technologies to enhance financial service security and customer satisfaction[29]. - The company has accumulated a total of 300 patents, with 1 new invention patent, 4 new utility model patents, and 13 new design patents added during the reporting period[35]. - The company established a digital currency research center to develop related technologies, including digital wallets and currency exchange systems[34]. - The company aims to enhance its competitive edge through continuous technological innovation and has developed contactless cash handling devices[34]. - Research and development expenses were reduced by 43.22%, from ¥11,964,797.70 to ¥6,793,469.90, due to decreased personnel costs[37]. Market and Industry Risks - The company has highlighted various industry and market risks in its report, which investors should pay attention to[5]. - The company faces market risks due to intense competition and price declines in standardized hardware products, leading to unstable demand for new intelligent devices[67]. Corporate Governance and Shareholder Rights - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, and maintains a robust internal control system[78]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[84]. - The company held its annual general meeting with a 17.25% investor participation rate on May 24, 2021[72]. - The company plans not to distribute cash dividends or issue bonus shares for the semi-annual period[74]. Financial Management and Compliance - The financial report was approved by the board of directors on August 2, 2021, indicating a structured financial oversight[159]. - The financial statements are prepared based on the going concern principle, with no significant factors affecting the company's ability to continue operations within the next 12 months[162]. - The financial report complies with the accounting standards issued by the Ministry of Finance, reflecting the company's financial position as of June 30, 2021[164]. Investment and Subsidiaries - The company reported a net asset value of 1.42 billion yuan for its subsidiary Anhui Yuyin Technology Co., Ltd., which specializes in the research and sales of ATM and cash counting machines[61]. - The subsidiary Guangzhou Yuyin Technology Co., Ltd. generated an operating revenue of approximately 4.63 million yuan but reported a net loss of about 3.93 million yuan[61]. - The company plans to establish a wholly-owned subsidiary, Hainan Yuyin Investment Holdings Co., Ltd., with a registered capital of RMB 10 million[107]. Cash Flow Management - The net cash flow from financing activities improved to 168,763,406.44 CNY in the first half of 2021, compared to a negative cash flow of -684,132.98 CNY in the same period of 2020, showing better financing management[141]. - The cash inflow from investment activities included 1,181,701,762.47 CNY from cash recovered from investments, a sharp decline from 6,003,392,094.25 CNY in the first half of 2020[139].

Financial Performance - The company's operating revenue for 2020 was ¥182,349,931.14, a decrease of 14.81% compared to ¥213,971,979.32 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥71,756,896.38, representing a 9.30% increase from ¥67,277,711.54 in 2019[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,744,050.71, a significant increase of 182.74% compared to -¥24,653,800.90 in 2019[18]. - The net cash flow from operating activities for 2020 was ¥58,629,917.61, down 42.74% from ¥95,918,976.65 in 2019[18]. - The total assets at the end of 2020 were ¥1,780,200,827, reflecting a slight increase of 0.18% from ¥1,758,222,938 in 2019[19]. - The net assets attributable to shareholders at the end of 2020 were ¥1,705,140,160, an increase of 4.32% from ¥1,637,254,324 in 2019[19]. - The company reported a basic earnings per share of ¥0.0943 for 2020, up 9.40% from ¥0.0884 in 2019[18]. - The total profit amounted to ¥80,313,890.60, reflecting a growth of 14.10% year-over-year[34]. - The company achieved a net profit of CNY 213.31 million for the year 2020, with a distributable profit of CNY 641.40 million[100]. Dividends and Shareholder Information - The company reported a cash dividend of 0.10 RMB per 10 shares based on a total share capital of 761,191,294 shares as of December 31, 2020[5]. - A cash dividend of CNY 0.10 per share (including tax) is proposed, totaling CNY 7.61 million, based on a total share capital of 761,191,294 shares[103]. - The company did not distribute any dividends in 2019 and 2018, with retained earnings carried forward to subsequent years[101]. - The company has a policy of distributing at least 80% of profits as cash dividends during its mature development stage[103]. - The company reported a 10.61% cash dividend payout ratio relative to its net profit for 2020[102]. - The total number of ordinary shareholders at the end of the reporting period was 107,069, down from 113,215 at the end of the previous month[146]. - Shareholder Yang Wenjiang holds 19.07% of the shares, totaling 14,519,825 shares, with a decrease of 75,524 shares during the reporting period[146]. Business Operations and Strategy - The company has not changed its main business since its listing, and there have been no changes in controlling shareholders[17]. - The company emphasizes the importance of risk awareness regarding industry and market risks as detailed in the report[5]. - The company has a strategic focus on market expansion and enhancing its technological capabilities[5]. - The company is actively involved in the development of new technologies and products, although specific figures are not provided in the report[5]. - The company is engaged in leasing idle properties from its technology park and subsidiaries, generating additional rental income[28]. - The company is actively expanding its overseas market presence and has received positive feedback for its foreign currency recognition algorithms[36]. - The company adjusted its business and management model in response to market changes and national policy trends[40]. - The company is exploring potential mergers and acquisitions to enhance its technology capabilities and market reach[76]. Research and Development - The company invested CNY 19,273,372 in R&D in 2020, a decrease of 36.76% compared to CNY 30,476,536 in 2019, representing 10.57% of operating revenue[57]. - The number of R&D personnel decreased by 3.15% from 127 in 2019 to 123 in 2020, while the proportion of R&D personnel increased from 36.92% to 44.60%[57]. - The company has established a digital currency research center to explore applications of digital currency in smart devices[32]. - The company is focusing on the development of artificial intelligence technologies to enhance financial services, including applications in identity verification and risk prevention[83]. - The company plans to strengthen research and development investments in new technologies within the financial technology sector, aiming to improve the level of financial technology[84]. Financial Assets and Investments - The company’s trading financial assets increased by ¥47,527,300, primarily due to stock and fund purchases[29]. - The company’s construction in progress rose by ¥78,058,100, attributed to investments in the Yuyin Financial Electronic High-tech Park project[29]. - The company’s total investment in securities was CNY 749.34 million, with a fair value change of CNY 34.71 million[69]. - The company’s financial instruments included various equity investments with a total fair value of CNY 34,712.69 million[69]. - The company has ongoing significant non-equity investments, with a total investment of CNY 78,058,000 and cumulative actual investment of CNY 114,466,000 in specialized equipment manufacturing[66]. Corporate Governance and Compliance - The company has maintained a consistent relationship with its accounting firm, which has provided audit services for 15 years[113]. - The audit department will conduct quarterly audits of the company's securities investment activities to ensure compliance and risk management[96]. - The company has not reported any changes in shareholding among its directors and senior management during the reporting period[158]. - The company emphasizes transparent information disclosure, utilizing multiple channels to communicate with investors[177]. - The company has established a complete and independent organizational structure, separating its operations from the controlling shareholder and other related parties[180]. Market Risks and Challenges - The company faces industry risks due to the decline of cash transactions and increased competition in the market, but it has a strong technological foundation in blockchain and AI to adapt[93]. - The company is adjusting its product structure and industry strategy to address market risks stemming from the standardization of hardware products and the evolving needs of banking clients[93]. - The company emphasizes the importance of market analysis and information gathering before making investment decisions to prevent operational risks[95]. Employee and Management Information - The total number of employees in the company is 276, with 121 in the parent company and 155 in major subsidiaries[167]. - The company has a comprehensive training plan to develop employees at all levels[169]. - The total remuneration for directors and senior management during the reporting period is 242.74万元, with the highest being 48.02万元 for the chairman and general manager[166]. - The management team is committed to enhancing corporate governance and operational efficiency through their diverse expertise[162]. Audit and Financial Reporting - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position and operating results for the year 2020[198]. - The company reported zero significant defects in financial and non-financial reporting, indicating strong internal control measures[193]. - The company's financial reporting adheres to the Chinese accounting standards, ensuring transparency and accuracy in financial disclosures[198].