成都卫士通信息产业股份有限公司 2020 年第三季度报告全文 成都卫士通信息产业股份有限公司 2020 年第三季度报告 2020 年 10 月 1 成都卫士通信息产业股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人卿昱、主管会计工作负责人刘志惠及会计机构负责人（会计主 管人员）周天文声明：保证季度报告中财务报表的真实、准确、完整。 2 成都卫士通信息产业股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------|----------------|-------- ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥433,201,606.29, a decrease of 29.17% compared to ¥611,605,859.47 in the same period last year[11]. - The net profit attributable to shareholders of the listed company was -¥132,469,405.51, representing a decline of 60.61% from -¥82,478,718.06 in the previous year[11]. - The basic earnings per share were -¥0.1580, a decrease of 60.57% from -¥0.0984 in the same period last year[11]. - The diluted earnings per share were also -¥0.1580, reflecting the same percentage decrease as the basic earnings per share[11]. - The weighted average return on net assets was -2.96%, a decline of 1.07 percentage points from -1.89% in the previous year[11]. - The operating cost decreased by 34.59% to ¥284,876,841.07 from ¥435,524,965.07, also influenced by the pandemic[28]. - The net profit attributable to the parent company was -132.47 million yuan, an increase in loss of 60.61% year-on-year[26]. - The company reported a significant reduction in cash and cash equivalents, with a net decrease of ¥458,920,801.26, a 47.22% improvement from the previous year's decrease[28]. - The company reported a net loss of CNY 68,647,469.60 from its subsidiary Chengdu Weishi Communication Information Security Technology Co., Ltd.[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,533,900,825.60, down 7.10% from ¥5,956,625,043.53 at the end of the previous year[11]. - The net assets attributable to shareholders of the listed company decreased by 3.25%, totaling ¥4,402,829,596.56 compared to ¥4,550,793,991.85 at the end of the previous year[11]. - Cash and cash equivalents at the end of the reporting period amounted to ¥1,038,242,815.96, accounting for 18.76% of total assets, a decrease of 0.45% compared to the previous year[35]. - Accounts receivable totaled ¥1,461,367,460.73, representing 26.41% of total assets, down by 5.87% from the same period last year[35]. - Inventory increased to ¥394,317,955.98, which is 7.13% of total assets, reflecting a rise of 0.57% year-on-year[35]. - Total liabilities decreased from CNY 1,353,984,944.41 to CNY 1,109,387,950.87, a decrease of about 18.1%[93]. - Current liabilities decreased from CNY 1,314,835,274.26 to CNY 1,066,768,080.72, a decline of approximately 18.8%[93]. Research and Development - The company has been engaged in the development and research of cybersecurity products for over 20 years, covering security products, services, and integration[16]. - The company has 145 invention patents and 389 software copyrights, emphasizing its strong focus on R&D and technological innovation[23]. - Research and development investment increased by 16.81% to ¥139,047,427.54 from ¥119,039,006.72, indicating a commitment to innovation[28]. - The company is actively developing a high-performance security SoC chip, which will significantly enhance its competitiveness in core security products[26]. - The company is planning to strengthen research in 5G security, blockchain, post-quantum cryptography, and IoT security to ensure sustainable development[51]. Market and Industry Outlook - The macroeconomic environment remains favorable for the cybersecurity industry, with policies supporting "new infrastructure" and "new technologies" being prioritized, indicating growth opportunities in the next 3-5 years[18]. - The company is focusing on expanding its market presence in sectors such as finance and energy, leveraging new opportunities from policies like the "Password Law" and "New Infrastructure" initiatives[26]. - The company faces increasing market competition due to the rise of cybersecurity threats and the entry of traditional and new players into the market[50]. - The company aims to enhance its market competitiveness by improving core competencies and strengthening technology exchanges and product collaborations[50]. Government Subsidies and Financial Management - The company received government subsidies amounting to ¥482,546.00 during the reporting period[13]. - The company does not plan to distribute cash dividends or issue bonus shares for this reporting period[4]. - The company approved the use of CNY 114,230.29 million of raised funds to replace pre-invested self-raised funds for the implementation of fundraising projects[42]. - The company temporarily supplemented working capital with idle raised funds, with a total not exceeding CNY 80,000 million, to be returned within six months[42]. Legal Matters and Risks - The company has filed a claim for 149 million RMB related to overdue delivery and compensation against a bankrupt developer, which may impact its financial position[56]. - The company is involved in multiple lawsuits, including a significant case with a claim amount of 1,000,000 yuan related to a debt transfer contract dispute, which has been rejected by the second instance court[60]. - The company is currently facing a contract dispute case with a claim amount of 2,153.33 million yuan, which has been accepted by the Kunming Intermediate People's Court[61]. - The company has not disclosed any significant impact from the ongoing lawsuits as of the reporting date[60]. Corporate Governance and Structure - The company has established a party committee to enhance its political standing and corporate culture, focusing on employee satisfaction and talent development[27]. - The company appointed a new deputy general manager on April 27, 2020, following the resignation of the previous deputy general manager on April 3, 2020[88]. - The company has a stable core talent team, supported by partnerships with well-known universities and research institutions[24]. - The company has not identified any significant doubts regarding its ability to continue as a going concern for the next 12 months[125]. Accounting Policies and Estimates - The company follows specific accounting policies and estimates based on its operational characteristics, including inventory valuation methods and expected credit loss provisions for receivables[126]. - Significant accounting estimates may impact the carrying values of assets and liabilities, particularly in areas such as expected credit losses for receivables and inventory impairment[126]. - The company recognizes deferred tax assets and liabilities, with significant judgment required in tax matters that may affect the recognized amounts[126]. Environmental and Social Responsibility - The company and its subsidiaries are not classified as key pollutant discharge units and emphasize environmental protection in their operations[73]. - The company maintained a low-carbon office environment with no waste, wastewater, or gas emissions[73]. - The company did not conduct any poverty alleviation initiatives during the reporting period and has no plans for future initiatives[74].

Financial Performance - The company's operating revenue for 2019 was CNY 2,103,759,987.90, representing an increase of 8.95% compared to CNY 1,930,998,380.73 in 2018[12]. - The net profit attributable to shareholders of the listed company was CNY 155,765,488.34, a growth of 29.58% from CNY 120,204,513.73 in the previous year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 120,905,436.58, reflecting a 19.93% increase from CNY 100,816,597.78 in 2018[12]. - Basic earnings per share increased by 29.57% to CNY 0.1858 from CNY 0.1434 in 2018[13]. - Weighted average return on equity rose to 3.48%, an increase of 0.70 percentage points compared to 2.78% in 2018[13]. - Total assets decreased by 4.24% to CNY 5,956,625,043.53 from CNY 6,220,278,883.90 in 2018[13]. - The company reported a total comprehensive income of ¥159,485,474.61 for 2019, compared to ¥124,482,265.34 in 2018, marking a growth of 28.14%[189]. - The company's total profit for 2019 was ¥152,625,933.35, compared to ¥128,426,139.00 in 2018, reflecting an increase of 18.83%[187]. Cash Flow and Investments - The net cash flow from operating activities was negative CNY 97,886,037.33, a significant decline of 397.81% compared to a positive cash flow of CNY 32,868,957.49 in 2018[12]. - The company reported a total cash inflow from operating activities of ¥2,310,379,524.54 in 2019, an increase of 8.59% from ¥2,127,530,560.06 in 2018[48]. - Cash and cash equivalents decreased significantly from CNY 505,016,454.52 in 2018 to CNY 98,342,460.09 in 2019, a decline of about 80.5%[182]. - The company reported a cash inflow of CNY 1,050,000.00 from financing activities in 2019, compared to CNY 250,000,000.00 in 2018, showing a significant decrease[194]. - Cash outflow from financing activities was CNY 262,773,033.10, compared to CNY 41,942,064.43 in the previous year, indicating increased debt repayment[196]. - The net increase in cash and cash equivalents was CNY -406,680,280.83, compared to a positive increase of CNY 314,623,742.23 in the previous year, highlighting liquidity challenges[196]. Research and Development - The company has a strong emphasis on research and development in the field of information security, with a focus on cloud and IoT security products[21]. - The company reported a total of 67 R&D projects in 2019, focusing on high-end security chips and various security products[44]. - The company invested a total of ¥246,707,980.63 in R&D in 2019, representing a 2.51% increase from ¥240,663,931.93 in 2018[45]. - Investment in R&D increased by 30%, focusing on cybersecurity technologies and solutions[136]. Market and Product Development - The company focuses on developing security products, including cryptographic products, network security products, and cloud security products[19]. - The company is expanding its market presence in mobile internet security solutions targeting government and military sectors[20]. - The company launched nearly 30 key products, including security services and integrated systems, enhancing its product portfolio[32]. - The company plans to enhance its market presence by deepening its focus on key industries such as government, finance, and energy, while expanding into international markets[69]. - The company aims to transform from a cybersecurity product provider to a cybersecurity operation service provider, focusing on the trend of "security as a service"[68]. Governance and Compliance - The company has established a comprehensive risk management system to enhance legal review and internal auditing[71]. - The board of directors consists of nine members, including three independent directors, ensuring a balanced governance structure[148]. - The company has committed to timely and accurate disclosure of significant information affecting investors, adhering to regulatory requirements[80]. - The company received an unqualified audit report with an emphasis of matter from Da Hua Accounting Firm for the fiscal year 2019[82]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of CNY 0.19 per 10 shares, totaling CNY 159,000,000 based on 838,336,028 shares[4]. - The company distributed a cash dividend of 0.19 yuan per 10 shares, totaling 15,928,384.53 yuan, which represents 10.23% of the net profit attributable to ordinary shareholders[74]. - The total number of shareholders at the end of the reporting period was 41,683, with no changes in voting rights[118]. Legal and Regulatory Matters - The company is currently involved in 122 litigation cases, with ongoing proceedings in various courts[95]. - The company is currently unable to estimate the impact of the ongoing litigation and bankruptcy proceedings on its profits[85]. - The company has not encountered any situations that could lead to suspension or termination of its listing[94]. Social Responsibility and Environmental Commitment - The company actively engaged in social responsibility initiatives, including participating in educational support activities and purchasing over 2,000 agricultural products from impoverished areas valued at over 500,000 CNY[109]. - The company maintained a commitment to environmental protection, ensuring no wastewater, waste gas, or waste material emissions during operations[111].

Financial Performance - The company's operating revenue for Q1 2020 was ¥59,030,952.58, a decrease of 64.22% compared to ¥165,005,851.19 in the same period last year[3]. - The net profit attributable to shareholders was -¥135,858,021.11, representing a decline of 71.51% from -¥79,214,430.19 in the previous year[3]. - The basic earnings per share were -¥0.1621, a decrease of 71.53% from -¥0.0945 in the previous year[3]. - Total revenue decreased by 64.22% year-on-year, significantly affected by the pandemic[10]. - Operating profit for the first quarter was a loss of CNY 166,959,924.35, compared to a loss of CNY 92,562,812.56 in the same period last year[24]. - Net profit for the first quarter was a loss of CNY 137,171,481.63, compared to a loss of CNY 79,161,639.05 in the previous year, reflecting a 73.2% increase in losses[25]. - The total comprehensive loss for the first quarter was CNY 137,171,481.63, compared to a loss of CNY 79,161,639.05 in the previous year[25]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 7.83%, amounting to -¥424,884,301.47 compared to -¥460,954,041.42 in the same period last year[3]. - Total cash inflow from operating activities is 168,858,934.81 CNY, down 43.0% from 296,289,617.50 CNY in the previous period[30]. - Cash outflow from operating activities is 593,743,236.28 CNY, a decrease of 21.6% compared to 757,243,658.92 CNY in the previous period[32]. - The net cash flow from financing activities is -24,391,805.52 CNY, compared to -250,205,312.50 CNY in the previous period, indicating a significant reduction in cash outflow[32]. - The ending cash and cash equivalents balance is 1,021,300,349.81 CNY, down from 1,205,570,829.97 CNY in the previous period[32]. - The company’s cash and cash equivalents decreased by 466,623,880.36 CNY in the current period, compared to a decrease of 725,727,760.40 CNY in the previous period[32]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,552,420,590.68, down 6.79% from ¥5,956,625,043.53 at the end of the previous year[3]. - Total liabilities decreased to CNY 1,115,639,223.69 from CNY 1,353,984,944.41, reflecting a reduction of approximately 17.6%[19]. - Total current liabilities were CNY 1,073,499,353.54, down from CNY 1,314,835,274.26, indicating a reduction of approximately 18.3%[19]. - The company reported total liabilities of CNY 1,353,984,944.41, with current liabilities at CNY 1,314,835,274.26[36]. - The company’s total non-current liabilities were CNY 39,149,670.15[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,922[6]. - The largest shareholder, China Electronics Technology Network Information Security Co., Ltd., holds 35.43% of the shares[6]. - The net assets attributable to shareholders decreased by 2.39%, totaling ¥4,442,235,675.41 compared to ¥4,550,793,991.85 at the end of the previous year[3]. - Total equity attributable to shareholders of the parent company was CNY 4,442,235,675.41, down from CNY 4,550,793,991.85, indicating a decline of about 2.4%[19]. Operational Impact - Cash and cash equivalents decreased by 31.29% compared to the beginning of the year, primarily due to the impact of the pandemic on operational activities in Q1 2020[10]. - Inventory increased by 34.60% compared to the beginning of the year, as the company pre-produced mainstream products but could not sell them due to the pandemic[10]. - Operating costs decreased by 64.57% year-on-year, in line with the sharp decline in revenue[10]. - Other income decreased by 92.31% year-on-year, mainly due to delayed resumption of work nationwide and delays in VAT refund processing[11]. - The company experienced a significant increase in management expenses, which totaled CNY 38,887,843.31, down from CNY 44,284,316.34 in the previous year[24]. Government Support - The company received government subsidies amounting to ¥14,760.00 during the reporting period[4]. Accounting Changes - The company executed a new revenue recognition standard starting January 1, 2020, which does not involve retrospective adjustments[39].

Financial Performance - Operating revenue for the reporting period was CNY 431,712,527.50, down 2.71% year-on-year[3] - Net profit attributable to shareholders was CNY 18,874,474.48, a decrease of 4.54% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,723,589.57, a decrease of 4.22% year-on-year[3] - Basic earnings per share were CNY 0.0140, down 40.68% from the same period last year[3] - Total operating revenue for Q3 2019 was CNY 431,712,527.50, a decrease of 2.33% compared to CNY 443,749,752.81 in the same period last year[26] - Net profit for Q3 2019 was CNY 20,084,758.23, down 8.38% from CNY 21,917,441.90 in Q3 2018[27] - The company reported a gross profit margin of approximately 2.73% for Q3 2019, compared to 3.00% in the same period last year[26] - The company reported a net profit attributable to shareholders of ¥-63,604,244, compared to ¥-73,462,221 in the previous period, showing an improvement of 13.5%[33] Cash Flow - The net cash flow from operating activities was CNY -22,101,158.99, improving by 81.34% compared to the previous year[3] - Cash flow from operating activities showed a net outflow of CNY 602.56 million, worsening from a net outflow of CNY 564.46 million in the same period last year[38] - Cash inflow from operating activities totaled 214,577,868.32 yuan, compared to 166,098,661.52 yuan in the previous period, reflecting a 29.1% increase[40] - Cash outflow from operating activities was 283,488,514.14 yuan, up from 254,914,641.33 yuan, representing an increase of 11.3%[40] - The cash flow from investing activities showed a net outflow of 119,652,940.21 yuan, significantly higher than the previous period's outflow of 6,252,572.83 yuan[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,569,563,599.51, a decrease of 10.46% compared to the end of the previous year[3] - Cash and cash equivalents decreased by 47.51% compared to the beginning of the year, primarily due to the repayment of a 250 million RMB loan, inventory purchases, and tax payments from the previous year[9] - Other current assets increased by 41.37% compared to the beginning of the year, mainly due to increased inventory purchases and deductible input tax[9] - The total liabilities decreased from ¥1,765,599,218.97 to ¥1,190,517,068.31, reflecting a reduction of about 32.5%[21] - The total equity attributable to shareholders decreased from ¥4,406,885,517.19 to ¥4,330,706,233.19, a decline of approximately 1.7%[22] - The total assets amounted to 6,220,278,883.90 yuan, remaining unchanged from the previous period[44] - The total liabilities were 1,689,200,858.75 yuan, consistent with the previous period's figures[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,250[5] - The largest shareholder, China Electronics Technology Network Information Security Co., Ltd., held 35.43% of the shares[5] - The company’s major shareholder, China Electronics Technology Network Information Security Co., Ltd., holds approximately 35.43% of the total share capital after share transfers[6] Research and Development - Development expenditures grew by 59.31% compared to the beginning of the year, reflecting an increase in capitalized R&D expenses[9] - Research and development expenses for Q3 2019 were CNY 33,516,320.67, down 27.77% from CNY 46,408,515.11 in Q3 2018[27] - Research and development expenses decreased to ¥13,079,357, down 65.8% from ¥38,264,942 in the previous period[29] Financial Management - The company has not reported any overdue or unrecoverable amounts related to entrusted financial management, indicating a stable financial management strategy[17] - The company reported a significant reduction in short-term borrowings, which were not listed in the current report compared to ¥250,000,000.00 in the previous period[20] - Financial expenses increased by 33.61% year-on-year, attributed to the gradual use of raised funds and a decrease in interest income due to lower market rates[10] Other Notable Points - The company did not engage in any repurchase transactions during the reporting period[7] - The company reported a 100.00% increase in credit impairment losses year-on-year, due to the implementation of new financial instrument standards[10] - The company is facing potential impacts from the bankruptcy proceedings of a developer related to a property project purchased with raised funds[11] - The company has deferred income of CNY 76,398,360.22, contributing to non-current liabilities[45] - The company’s retained earnings stood at CNY 923,461,339.03, indicating a strong profit retention strategy[45] - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[50]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥611,605,859.47, representing a 2.24% increase compared to the same period last year[11]. - The net profit attributable to shareholders was -¥82,478,718.06, an improvement of 11.54% from -¥93,235,036.37 in the previous year[11]. - The net cash flow from operating activities was -¥580,461,680.99, which is a decline of 30.14% compared to -¥459,272,099.02 in the same period last year[11]. - The total assets at the end of the reporting period were ¥5,591,680,133.74, down 10.11% from ¥6,220,278,883.90 at the end of the previous year[11]. - The net assets attributable to shareholders decreased by 2.16% to ¥4,311,831,758.71 from ¥4,406,885,517.19 at the end of the previous year[11]. - The basic earnings per share improved to -¥0.0984, a 11.51% increase from -¥0.1112 in the previous year[11]. - The weighted average return on equity increased to -1.89%, up 0.31 percentage points from -2.20% in the previous year[11]. - The company reported a total of ¥2,452,309.66 in non-recurring gains and losses during the reporting period[13]. - The company achieved operating revenue of RMB 611.61 million, a year-on-year increase of 2.24%[22]. - The net profit attributable to the parent company was a loss of RMB 82.48 million, which is a reduction in loss by 11.54% compared to the same period last year[22]. Cash Flow and Assets - The company’s cash funds decreased due to the repayment of 250 million yuan in loans, procurement of inventory, and payment of last year's taxes[18]. - The company has seen an increase in other current assets due to the rise in deductible input tax from inventory procurement[18]. - Cash and cash equivalents at the end of the reporting period totaled RMB 1,074,244,381.80, accounting for 19.21% of total assets, down from 24.26% in the previous year[30]. - Accounts receivable decreased slightly by 1.48% to RMB 1,804,886,503.33, maintaining a stable proportion of total assets[30]. - The company’s inventory increased to RMB 366,838,093.55, representing 6.56% of total assets, compared to 4.99% in the previous year[30]. - The company reported a net decrease in cash and cash equivalents of -CNY 869,530,750.70 for the first half of 2019, compared to -CNY 551,289,769.10 in the same period of 2018[101]. Market and Industry Insights - In 2018, the overall scale of China's network information security market reached 49.52 billion yuan, with a year-on-year growth of 20.9%[17]. - The network security market in China is projected to reach 92.68 billion yuan by 2021, driven by the growth of the digital economy and regulatory improvements[17]. - The implementation of the Cybersecurity Level Protection 2.0 standard in May 2019 emphasizes the importance of compliance and is expected to drive market demand[17]. - The company is focusing on expanding its market presence in the financial, energy, and government sectors, enhancing its solutions for mobile internet security[22]. - The company faces increasing market competition due to the rise of cybersecurity threats and the entry of IT companies into the security field[50]. Research and Development - Research and development investment increased by 4.75% to RMB 119.04 million[24]. - The company has increased its development expenditures due to the rise in capitalized R&D expenses during the reporting period[18]. - The development of high-performance embedded security SE has been largely completed, with ongoing progress in ultra-low power security chips and mobile terminal security chips[22]. - The company plans to enhance its innovation capabilities by focusing on 5G cryptography, digital currency, blockchain, and IoT security research[50]. - The company has developed a comprehensive product system in the field of network security, including cryptographic products, network security products, and industry application security products[15]. Legal and Compliance Matters - The company is involved in a lawsuit with Beijing Wang'an against Jinfeng Real Estate Development Co., with the case amounting to 1,516.15 million yuan, and the first-instance judgment rejected Wang'an's claims[57]. - The company has filed an appeal to the Beijing High People's Court regarding the above case, which is currently under review[58]. - Another lawsuit involves Beijing Wang'an against Xi'an Guocheng Data Technology Co. and Zhongcheng Data Co., with a case amount of 3,089.59 million yuan, which has been accepted by the court and property preservation measures have been applied[60]. - The company is also involved in a dispute with Shenzhen Jinhongwei Technology Co., with a case amount of 563.38 million yuan, which has been settled through mediation[60]. - The company has no significant litigation or arbitration matters that could impact its current or future profits[61]. Shareholder and Equity Information - The total number of shares before the change was 838,336,028, with 3.39% being restricted shares and 96.61% being unrestricted shares[74]. - The largest shareholder, China Electronics Technology Network Information Security Co., Ltd., holds 37.79% of the shares, totaling 316,776,656 shares[75]. - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 4.10% of the shares, totaling 34,330,621 shares[75]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[80]. - The company did not engage in any repurchase transactions during the reporting period[79]. Financial Management and Accounting Practices - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements accurately reflect its financial status and operational results[125]. - The company evaluates its ability to continue as a going concern and has found no significant doubts regarding its operational capacity for the next 12 months[122]. - The company recognizes investment income from the disposal of subsidiaries or businesses, including revenue, expenses, and profits from the beginning of the period until the disposal date[130]. - The company assesses the impairment of financial assets and recognizes loss provisions based on the expected credit loss model, considering all reasonable and supportable information[144]. - The company maintains a focus on ensuring the accuracy of financial reporting and compliance with relevant accounting standards[145].

成都卫士通信息产业股份有限公司 2019 年第一季度报告全文 成都卫士通信息产业股份有限公司 2019 年第一季度报告 2019 年 04 月 1 成都卫士通信息产业股份有限公司 2019 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人卿昱、主管会计工作负责人刘志惠及会计机构负责人（会计主 管人员）周天文声明：保证季度报告中财务报表的真实、准确、完整。 2 成都卫士通信息产业股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------|------------------------------- ...

Financial Performance - The company's operating revenue for 2018 was CNY 1,930,998,380.73, a decrease of 9.64% compared to CNY 2,137,114,975.61 in 2017[11] - The net profit attributable to shareholders for 2018 was CNY 120,204,513.73, down 28.90% from CNY 169,054,901.59 in 2017[11] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 100,816,597.78, a decrease of 38.13% compared to CNY 162,950,284.55 in 2017[11] - The basic earnings per share for 2018 was CNY 0.1434, representing a decline of 32.01% from CNY 0.2109 in 2017[12] - The total operating costs decreased by 9.24% year-on-year to approximately ¥1.25 billion, with raw material costs accounting for 88.40% of total operating costs[37] - The company reported a significant increase in inventory levels, with a year-on-year growth of 90.86% to approximately ¥157.26 million[36] - The company reported a total of ¥19,387,915.95 in non-recurring gains for the year, reflecting its ability to manage non-operational financial impacts effectively[17] Assets and Liabilities - The total assets at the end of 2018 were CNY 6,220,278,883.90, an increase of 8.11% from CNY 5,753,577,876.80 at the end of 2017[12] - The net assets attributable to shareholders at the end of 2018 were CNY 4,406,885,517.19, showing a slight increase from CNY 4,295,785,925.00 in 2017[12] - The company's total liabilities were CNY 1,765,599,218.97, an increase from CNY 1,365,780,683.13, which is a rise of about 29.3%[198] - The total equity attributable to the parent company was CNY 4,406,885,517.19, compared to CNY 4,295,785,925.34 at the beginning of the year, showing an increase of approximately 2.59%[198] Cash Flow - The cash flow from operating activities for 2018 was CNY 32,868,957.49, a significant improvement compared to a negative cash flow of CNY -51,064,026.58 in 2017, marking a 164.37% increase[11] - The cash flow from operating activities increased by 4.56% to ¥2,127,530,560.06 in 2018, while the net cash flow from operating activities improved significantly by 164.37% to ¥32,868,957.49[48] - The investment activities generated a net cash flow of -¥162,002,476.80, a 10.38% improvement compared to the previous year[48] Research and Development - The company is focusing on research and development in cutting-edge areas such as quantum encryption and blockchain technology to strengthen its competitive edge[19] - Research and development expenses increased by 6.54% year-on-year to approximately ¥192.67 million, with R&D investment accounting for 12.46% of total revenue[43] - The company engaged in 73 product R&D projects, focusing on high-end security chips and integrated products, contributing to market competitiveness[43] - The company has launched a cloud service platform that provides IaaS, PaaS, and SaaS services, enhancing its service offerings to clients[21] Market and Business Strategy - The company has not changed its main business since its listing, maintaining its focus on information security[8] - The Chinese cybersecurity market reached ¥495.2 billion in 2018, with a year-on-year growth of 20.9%, indicating a robust market environment for the company's products[21] - The company is actively pursuing international market opportunities and has initiated the development of export-oriented products and FIPS certification[21] - The company plans to enhance its international business, focusing on the Hong Kong market and exploring overseas financial institutions' needs[30] - The company aims to enhance its capabilities in commercial password technology and expand its product line to include advanced security solutions[68] Shareholder and Dividend Information - The company plans to distribute a cash dividend of CNY 0.15 per 10 shares, totaling CNY 125,750,000.00 based on 838,336,028 shares[2] - The cash dividend for 2018 represents 10.46% of the net profit attributable to ordinary shareholders, which is 120,204,513.73 CNY[79] - The total distributable profit for 2018 is 156,621,931.96 CNY, after accounting for the legal surplus reserve[80] - The company has established a three-year shareholder return plan for 2018-2020, detailing dividend distribution principles and mechanisms[78] Compliance and Governance - The company’s board of directors has emphasized compliance with the Securities Law and other regulations regarding information disclosure[85] - The company has established a dedicated internal audit department to oversee financial and operational compliance[168] - The company reported no significant internal control deficiencies during the reporting period[179] - The audit opinion for the financial statements was unqualified with an emphasis on certain matters, issued on April 24, 2019[184] Employee and Management Information - The total number of employees in the company is 2,078, with 1,351 in the parent company and 727 in major subsidiaries[158] - The total employee compensation for 2018 amounted to ¥390,693,106.47, representing 21.4% of the total company costs[160] - The company emphasizes a competitive compensation system linked to economic performance, aiming to attract and retain talent[160] - The company has not granted any stock incentives to directors and senior management during the reporting period[157] Legal Matters - The company has filed a civil lawsuit to contest the sealing of the property, but the initial court ruling rejected its request, and the company has since appealed[91] - The impact of the ongoing legal proceedings on the company's current and future profits remains uncertain, as the court has not yet made a final judgment[92] Future Outlook - The company has provided a positive outlook for the next quarter, projecting a revenue increase of 25%[146] - The company expects a revenue growth forecast of 18% for 2019, driven by new product launches and market expansion[151] - The company plans to enhance its digital marketing strategies, aiming for a 40% increase in online sales[146]

成都卫士通信息产业股份有限公司 2018 年第三季度报告正文 证券代码：002268 证券简称：卫 士 通 公告编号：2018-039 成都卫士通信息产业股份有限公司 2018 年第三季度报告正文 1 成都卫士通信息产业股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 5,566,873,147.85 | 5,753,577,876.80 | | -3.25% | | 归属于上市公司股东的净资产（元） | 4,215,046,032.63 | 4,295,785,925.34 | | -1.88% | | | 本报告期 | 本报告期比上年同期 增减 | 年初至报 ...

Financial Performance - The company's operating revenue for the first half of 2018 was ¥598,192,843.08, representing a 5.86% increase compared to ¥565,079,949.77 in the same period last year[16]. - The net profit attributable to shareholders was -¥93,235,036.37, an improvement of 25.07% from -¥124,433,232.66 year-on-year[16]. - The net cash flow from operating activities was -¥459,272,099.02, which is a decline of 14.65% compared to -¥400,578,589.34 in the previous year[16]. - The total assets at the end of the reporting period were ¥5,517,534,321.08, down 4.10% from ¥5,753,577,876.80 at the end of the previous year[16]. - The net assets attributable to shareholders decreased by 3.15% to ¥4,160,634,087.57 from ¥4,295,785,925.34 at the end of the previous year[16]. - The company reported a basic earnings per share of -¥0.1112, improving by 31.61% from -¥0.1626 in the same period last year[16]. - The weighted average return on net assets was -2.20%, an increase of 2.32 percentage points from -4.52% year-on-year[16]. - The company reported a significant decrease in sales revenue, with cash received from sales of goods and services at 76,778,559.77 CNY, down from 299,647,081.80 CNY[146]. - The company reported a decrease in retained earnings, with an ending balance of CNY 712,855,000, down from the previous period[149]. - The total comprehensive loss for the current period was -¥95,565,659.23, compared to -¥127,310,594.39 in the previous period, marking a reduction of approximately 25%[137]. Investment and R&D - The company invested CNY 113.64 million in R&D, a decrease of 7.01% compared to the previous year[43]. - The company has seen an increase in development expenditures due to capitalized R&D spending, reflecting a focus on innovation[33]. - The company is focusing on technology innovation in areas such as 5G security and cloud computing security through dedicated research groups[36]. - The company plans to enhance its core competitiveness and innovation capabilities through technology exchanges and product collaborations[72]. - The company is focusing on innovative research in areas such as 5G cryptography, digital currency and blockchain, and IoT security to meet evolving security demands[73]. Market and Industry Trends - In 2017, the cybersecurity market in China reached RMB 40.96 billion, with a year-on-year growth of 21.8%[26]. - The cybersecurity market is projected to maintain a compound annual growth rate (CAGR) of 21.7%, reaching RMB 73.89 billion by 2020[26]. - The implementation of the Cybersecurity Law and related regulations is expected to drive increased investment in cybersecurity, providing new development opportunities for the company[27]. - The demand for authentication infrastructure and secure applications in the e-government sector has significantly increased, driven by the need for enhanced security measures[29]. - The company faces intensified market competition due to increasing cybersecurity threats, with traditional security firms and new entrants vying for market share[72]. Shareholder and Equity Information - The company does not plan to distribute cash dividends or issue bonus shares[5]. - The largest shareholder is China Electronics Technology Network Information Security Co., Ltd., holding 37.79% of the shares, totaling 316,776,656 shares[111]. - The second largest shareholder is the CCB-ICBC-CAS Trust Plan, holding 4.53% with 37,986,504 shares, which decreased by 1,999,913 shares during the reporting period[111]. - The company has a total of 25,459 common stock shareholders at the end of the reporting period[111]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[113]. Cash Flow and Financial Position - The total cash inflow from operating activities was 595,708,798.81 CNY, while cash outflow was 1,054,980,897.83 CNY, leading to a negative cash flow from operations[143]. - The company's total liabilities increased to ¥608,608,139.90 from ¥511,953,474.07, representing a growth of 18.9%[136]. - Cash and cash equivalents dropped significantly from CNY 1,880,682,005.51 to CNY 388,284,851.65, a decrease of about 79.64%[126]. - The company's accounts receivable amounted to ¥1,862,585,128.67, representing 33.76% of total assets[53]. - The total amount of raised funds was ¥266,233.17 million, with ¥14,674.92 million utilized during the reporting period[60]. Compliance and Governance - The half-year financial report has not been audited[81]. - The company reported no significant doubts regarding its ability to continue as a going concern for the next 12 months[168]. - The company's financial statements comply with the requirements of the Accounting Standards for Business Enterprises, reflecting its financial position as of June 30, 2018[169]. - There are no significant litigation or arbitration matters reported during the period[84]. - The company has not engaged in any entrusted management, contracting, or leasing activities during the reporting period[93][94][95]. Product Development and Services - The company has developed a comprehensive information security product system, including password products, information security products, and secure information systems[24]. - The company provides full lifecycle security integration and operation services, leveraging strong technical support and marketing networks[25]. - The company launched 20 new products, including a cloud password resource pool management platform and the Mate10 security phone, which received certification[41]. - The information security industry accounted for 100% of the company's operating revenue, with system products contributing 38.93% and security services and integration contributing 61.07%[46]. - The company maintains a leading position in password technology, with several products achieving domestic and international recognition[34].