证券代码：002296 公司简称：辉煌科技 公告编号：2021-044 河南辉煌科技股份有限公司 关于参加河南辖区上市公司 2021 年投资者 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信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，河南辉煌科技股份有限公司（以下简 称"公司"）定于2021年6月8日（星期二）16:00-17:20参加由河南证监局和河 南上市公司协会主办、深圳市全景网络有限公司协办的"真诚沟通 传递价值" 河南辖区上市公司2021年投资者网上集体接待日活动，现将有关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登陆"全景·路演天下" （http://rs.p5w.net）参与本次互动交流。出席本次网上集体接待日活动的人 员有：公司副总经理、董事会秘书杜旭升先生，财务总监侯菊艳女士（如有特殊 情况，参会人员将可能进行调整）。欢迎广大投资者积极参与！ 特此公告。 河南辉煌科技股份有限公司 董 事 会 2021 年 6 月 3 日 ...

Financial Performance - The company's operating revenue for 2020 was CNY 637,661,580.01, representing a 26.42% increase compared to CNY 504,408,910.17 in 2019[25]. - The net profit attributable to shareholders for 2020 was CNY 85,256,848.08, up 27.18% from CNY 67,034,018.98 in 2019[25]. - The net cash flow from operating activities decreased by 36.04% to CNY 147,561,367.83 in 2020, down from CNY 230,703,862.97 in 2019[25]. - The total assets at the end of 2020 were CNY 2,168,359,727.18, a 16.12% increase from CNY 1,867,276,002.10 at the end of 2019[26]. - The basic earnings per share for 2020 was CNY 0.2260, reflecting a 26.97% increase from CNY 0.1780 in 2019[25]. - The company reported a total of CNY 5,574,525.86 in non-recurring gains and losses for 2020, compared to a loss of CNY 690,392.56 in 2019[31]. - The company achieved operating revenue of CNY 637.66 million, an increase of 26.42% year-on-year, and a net profit attributable to shareholders of CNY 85.26 million, up 27.18% year-on-year, primarily due to an increase in completed projects[58]. - Research and development expenses amounted to CNY 67.58 million, accounting for 10.60% of operating revenue, a decrease of 13.03% compared to the previous year, attributed to a reduction in investment scale for ongoing R&D projects[58]. Investment and R&D - The company plans to increase its investment in research and development to adapt to new technologies such as cloud computing and big data, which are critical for project implementation[11]. - The company focuses on the research and promotion of automation measurement and control technology, primarily serving the rail transit industry[34]. - The company has increased its R&D investment in core products, particularly in the "large monitoring ecological platform for electrical equipment maintenance," and has begun batch promotion of the high-speed railway earthquake early warning monitoring system[55]. - The company is committed to ensuring stable operations amidst ongoing pandemic risks, implementing continuous preventive measures[117]. - The company will continue to invest in R&D, particularly in upgrading its big data management platform and developing new maintenance technologies for urban rail systems[118]. Market and Competition - The company faces risks related to intensified industry competition, which may compress profit margins if product innovation does not continue[9]. - The company aims to maintain a competitive edge by integrating internal and external resources and focusing on technological and quality improvements[9]. - The company is actively pursuing market expansion through the development of new technologies and products aimed at improving railway infrastructure[48]. - The company anticipates sustained high demand in the rail transit market due to ongoing government support for infrastructure investments[115]. COVID-19 Impact - The company reported a significant impact from the COVID-19 pandemic, leading to increased operational risks and a need for enhanced emergency response capabilities[12]. - The company has established a comprehensive emergency management system to ensure business continuity amid ongoing global pandemic challenges[12]. - The company has established a pandemic prevention leadership group to ensure normal production and operation during the COVID-19 pandemic[54]. - The company is committed to ensuring stable operations amidst ongoing pandemic risks, implementing continuous preventive measures[117]. Shareholder and Dividend Policy - The company will not distribute cash dividends or issue bonus shares for the fiscal year 2020[13]. - The company has established a stable profit distribution policy, ensuring clear dividend standards and protecting minority shareholder rights[125]. - The company did not distribute cash dividends for the fiscal year 2020, and the undistributed profits will be carried over to the next year[127]. - The company plans to repurchase shares to enhance investor confidence and support long-term value investment, as stated in the announcement made on February 25, 2021[130]. Innovation and Patents - The company has received 34 patents during the reporting period, including 17 invention patents, indicating a strong focus on innovation[44]. - The company has filed a total of 44 patents in 2020, including 27 invention patents and 17 utility model patents[46]. - The company has developed a new method for flexible sewage suction in subway tunnels, which is one of the key patents filed in 2020[47]. - The company has made significant advancements in railway signal monitoring and control systems, indicating a strong commitment to innovation[47]. Operational Efficiency - The company has established a quality control system based on IRIS, ISO9001, and CMMI standards to ensure product quality stability[38]. - The company has integrated its urban rail series products, achieving significant performance breakthroughs in security and monitoring systems[55]. - The company has focused on enhancing the lifespan of electrolytic capacitors in high-power PFC circuits through innovative circuit designs[46]. - The company has implemented a disaster warning system for tunnels based on SCADA technology, enhancing safety measures in railway operations[46]. Financial Management - The company has maintained a stable financial position with no overdue loans or significant debts during the reporting period[143]. - The company raised a total of RMB 692.92 million through a private placement of 43.83 million shares at an issue price of RMB 16.28 per share[98]. - The company has permanently supplemented working capital with RMB 317.01 million from previously raised funds[99]. - The company has no ongoing use of idle raised funds for temporary working capital supplementation as of the report period[102]. Corporate Governance - The company has established a sound internal control system to enhance corporate governance and transparency[162]. - The company emphasizes the protection of shareholder rights and has implemented transparent profit distribution plans in accordance with legal regulations[162]. - The company has established long-term strategic partnerships with suppliers and customers, focusing on mutual benefit and satisfaction[163].

Financial Performance - The company's operating revenue for Q1 2021 was ¥109,492,234.30, representing an increase of 83.20% compared to ¥59,765,104.01 in the same period last year[8]. - The net profit attributable to shareholders was ¥28,264,963.42, a significant increase of 121.76% from ¥12,745,831.46 year-on-year[8]. - Basic earnings per share rose to ¥0.0725, up 114.50% from ¥0.0338 in the same period last year[8]. - The net profit attributable to the parent company increased by 121.76% compared to the same period last year, mainly due to increased revenue and VAT refunds received[17]. - The net profit for the first quarter reached CNY 27,875,748.68, up from CNY 11,063,777.96, reflecting a growth of approximately 151.1%[46]. - The company reported a total comprehensive income of CNY 29,498,608.24, which is double the CNY 14,563,536.11 reported in the same quarter last year[51]. Cash Flow - The net cash flow from operating activities reached ¥69,492,541.26, marking a 541.39% increase from a negative cash flow of ¥15,743,876.83 in the previous year[8]. - The net cash flow from operating activities increased by 541.39% year-on-year, primarily due to increased cash received from sales and VAT refunds[17]. - Cash flow from operating activities generated a net amount of CNY 69,492,541.26, a turnaround from a negative cash flow of CNY 15,743,876.83 in the previous year[54]. - The net cash flow from investment activities surged by 63842.09% year-on-year, mainly due to the maturity of financial products[17]. - The net cash flow from investment activities was 120,798,358.86 CNY, compared to a negative cash flow of -662,364.85 CNY in the previous year[58]. - The net increase in cash and cash equivalents was 126,151,774.79 CNY, contrasting with a decrease of -29,799,021.15 CNY in the prior year[58]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,110,690,023.30, a decrease of 2.66% from ¥2,168,359,727.18 at the end of the previous year[8]. - The company's total assets amounted to CNY 2,110,690,023.30, a decrease from CNY 2,168,359,727.18 at the end of 2020, reflecting a decline of approximately 2.65%[39]. - The total liabilities decreased to CNY 500,841,076.88 from CNY 526,409,473.43, a decline of about 4.85%[38]. - The total liabilities decreased from CNY 697,048,656.18 to CNY 657,766,762.36, a decline of approximately 5.6%[42]. - The total equity attributable to shareholders decreased to CNY 1,580,615,934.52 from CNY 1,612,328,027.11, reflecting a decrease of approximately 1.96%[39]. - The total equity decreased from CNY 1,454,232,878.68 to CNY 1,423,754,430.91, reflecting a decline of approximately 2.1%[42]. Expenses - The company's sales expenses increased by 65.09% year-on-year, primarily due to reduced travel and entertainment expenses in the previous year caused by the pandemic[16]. - The management expenses surged by 108.10% compared to the previous year, mainly due to expenses related to equity incentives[16]. - Research and development expenses were CNY 12,666,884.51, slightly down from CNY 13,907,047.18, indicating a focus on cost management in R&D[45]. - The company reported a tax expense of CNY 3,906,709.31, compared to CNY 1,588,805.63 in the previous year, representing an increase of 146.3%[50]. Contracts and Investments - The company signed a contract with Zhengzhou Metro Group for a total amount of RMB 549,660,228.00 for the comprehensive monitoring system integration project[18]. - The company also signed a contract with Luoyang Metro Group for a total amount of RMB 86,895,056.00 for the comprehensive monitoring system integration project[18]. - The company has invested RMB 21,868,330.71 from the raised funds in the current year, with a cumulative investment of RMB 384,380,010.41[25]. - The company incurred a credit impairment loss of CNY 898,637.82, which is an improvement from CNY 1,310,322.64 in the previous year[50]. Government Support - The company received government subsidies amounting to ¥1,817,835.61 during the reporting period[9]. - The company received a total of RMB 13,307,973.46 in VAT refunds, which will positively impact the company's 2021 financial results[18]. Share Repurchase - As of March 31, 2021, the company repurchased a total of 9,783,271 shares, accounting for 2.51% of the total share capital, with a total transaction amount of RMB 66,508,389.34[21]. Compliance and Governance - The company reported no overdue receivables or non-compliance with external guarantees during the reporting period[29][30]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[30]. - The company has not conducted any research, communication, or interview activities during the reporting period[31]. - The company did not undergo an audit for the first quarter report[60]. - The company did not apply the new leasing standards for the first quarter of 2021[59].

Financial Performance - Operating revenue for the reporting period was ¥129,920,807.62, representing a year-on-year growth of 41.21%[7] - Net profit attributable to shareholders was ¥21,669,347.67, a decrease of 5.29% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥20,520,241.36, down 8.87% year-on-year[7] - The net profit attributable to minority shareholders increased by 45.49% compared to the same period last year, mainly due to reduced losses from Jiaotong Drive during the reporting period[22] - The net profit for the third quarter was CNY 22,798,942.91, an increase from CNY 21,330,922.88 in the same period last year[50] - The total profit for the third quarter was CNY 76.77 million, an increase of 26.1% compared to CNY 60.87 million in the same period last year[58] - The company reported a total profit of CNY 26,217,524.38, compared to CNY 21,559,029.33 in the previous year[50] Cash Flow - Cash flow from operating activities was ¥64,988,762.07, a decline of 25.22% compared to the previous year[7] - The net cash flow from operating activities decreased by 73.67% year-on-year, primarily due to a reduction in cash received from sales and an increase in cash paid for goods and services[22] - The cash flow from operating activities for the third quarter was CNY 30.12 million, a decrease of 73.7% from CNY 114.42 million in the same period last year[64] - The total cash outflow from operating activities was ¥314,867,214.98, an increase of 19% compared to ¥263,613,344.53 in the previous period[66] - The net cash flow from financing activities increased by 107.10% compared to the previous year, mainly due to a decrease in debt repayment during the reporting period[22] - The net cash flow from financing activities was ¥20,549,678.20, a recovery from -¥292,572,670.72 in the previous period[68] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,037,818,185.75, an increase of 9.13% compared to the end of the previous year[7] - Total liabilities rose to ¥432,495,881.18, up from ¥311,701,062.53, representing an increase of about 38.7%[42] - Current liabilities totaled ¥387,409,302.44, compared to ¥293,752,251.78, marking a rise of approximately 31.9%[42] - Non-current liabilities increased to ¥45,086,578.74 from ¥17,948,810.75, showing a growth of around 150.5%[42] - Owner's equity reached ¥1,605,322,304.57, up from ¥1,555,574,939.57, which is an increase of about 3.2%[43] - The company reported a deferred income tax asset of ¥99,747,271.24, an increase from ¥80,281,558.14, reflecting a growth of approximately 24.0%[43] Inventory and Other Assets - Inventory at the end of the reporting period increased by 40.47% compared to the beginning of the year, mainly due to increased stocking[15] - The company’s inventory increased to ¥268,935,449.48 from ¥143,985,619.52, indicating a growth of about 86.8%[43] - The company's inventory increased to RMB 330,832,203.70 as of September 30, 2020, up from RMB 235,519,676.06 at the end of 2019[40] Income and Expenses - Research and development expenses were CNY 14,762,775.43, down from CNY 19,667,187.04 in the previous period[49] - The company recorded a tax expense of CNY 3,418,581.47 for the third quarter, significantly higher than CNY 228,106.45 in the previous year[50] - The financial expenses for the year-to-date were reported as CNY -3,269,964.73, compared to CNY 3,290,718.41 in the previous period[55] Government Support and Other Income - The company received government subsidies amounting to ¥3,053,828.62 during the reporting period[8] - Other income increased by 1085.06% year-on-year, mainly due to the disposal of real estate[20] Shareholder Information - The basic and diluted earnings per share were both CNY 0.0570, compared to CNY 0.0607 in the previous year[51] - The basic and diluted earnings per share for the third quarter were both CNY 0.1774, up from CNY 0.1541 in the same quarter last year[58] Contracts and Compliance - The company has ongoing major contracts with Zhengzhou Metro Group, with a total contract amount of RMB 156,660,228.00 for the comprehensive monitoring system integration project[30] - The company has not reported any violations regarding external guarantees during the reporting period[34] - The company has implemented a new revenue recognition standard since January 1, 2020, adjusting pre-receipts to contract liabilities[73] - The company has not undergone an audit for the third quarter report, indicating that the figures are unaudited[79]

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in the first half of 2020[4]. - The company's operating revenue for the reporting period was ¥195,611,258.46, a decrease of 4.24% compared to the same period last year[20]. - Net profit attributable to shareholders was ¥45,460,145.89, representing an increase of 29.23% year-over-year[20]. - The net profit after deducting non-recurring gains and losses was ¥43,070,752.81, up 55.94% from the previous year[20]. - Basic earnings per share increased by 28.91% to ¥0.1204[20]. - The total comprehensive income for the first half of 2020 was CNY 50,254,856.69, compared to CNY 35,321,136.55 in the same period of 2019, representing an increase of approximately 42.5%[155]. - The company reported a net profit for the first half of 2020 of CNY 43,118,672.50, representing an increase of 25.1% from CNY 34,505,585.26 in the same period of 2019[150]. - The total equity at the end of the first half of 2020 reached CNY 1,427,748,933.60, up from CNY 1,395,198,456.73 at the end of the previous year[171]. Assets and Liabilities - The total assets of the company reached RMB 1.2 billion, reflecting a 10% increase compared to the previous year[4]. - Total assets at the end of the reporting period were ¥1,871,464,151.83, a slight increase of 0.22% from the end of the previous year[20]. - The company’s total assets as of June 30, 2020, were CNY 1,871,464,152, a slight increase from CNY 1,867,276,002 as of December 31, 2019[143]. - Total liabilities decreased to CNY 290,474,920 from CNY 311,701,063, a reduction of about 6.8%[142]. - The company reported a significant reduction in short-term borrowings, decreasing from CNY 20,212,721 to CNY 3,000,000, a decline of about 85.1%[142]. Research and Development - The company plans to invest 20% of its revenue into R&D for new technologies and products to enhance market competitiveness[7]. - R&D investment amounted to 28.55 million yuan, accounting for 14.59% of operating revenue, an increase of 0.58% year-on-year[47]. - The company focuses on the research and development of automation measurement and control technology, primarily serving the rail transit industry[28]. - The company is focusing on strategic partnerships with universities and research institutions to accelerate product development[7]. Market Expansion - The company has identified a potential market expansion opportunity in urban rail transit, aiming to capture a 25% market share by 2025[6]. - The company anticipates a 30% increase in demand for its products in the next fiscal year, driven by government infrastructure investments[6]. - The company expects to add around 2 new urban rail transit cities in the second half of 2020, indicating ongoing market expansion[32]. - The company is actively expanding its market presence, particularly in the urban rail market, through partnerships and promotional activities[44]. Operational Challenges - The company has faced delays in project timelines due to the COVID-19 pandemic, impacting revenue recognition[5]. - The main subsidiaries experienced a significant decline in revenue due to the pandemic, leading to a substantial decrease in net profit[81]. - The company has faced delays in the construction progress of the new factory due to environmental regulations, impacting the investment project timelines[73]. Shareholder and Equity Information - The company will not distribute cash dividends or issue bonus shares for the current fiscal year[9]. - The total number of shares increased from 376,656,420 to 379,656,420 due to the issuance of 3,000,000 restricted stock units[114]. - The shareholding of the chairman, Li Haiying, decreased by 4,067,250 shares, leaving him with 26,301,975 shares[117]. - The company has implemented a stock incentive plan, granting 3 million restricted shares to 14 incentive targets on April 15, 2020[94]. Financial Management - The company is actively monitoring industry policy changes to mitigate risks associated with market entry barriers and competition[5]. - The company has no product backlog, with inventory accounting for 14.12% of total assets, primarily for contract preparation[48]. - The company has registered 13 software copyrights, further solidifying its technological capabilities in the railway and urban transit sectors[37]. - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[87]. Compliance and Governance - The financial statements were approved by the board of directors on July 28, 2020, indicating a structured governance process[179]. - The accounting policies comply with the relevant enterprise accounting standards, ensuring accurate financial reporting[183]. - The company has confirmed its ability to continue as a going concern for the next 12 months, with no significant doubts raised[182].

Revenue and Profitability - Revenue for Q1 2020 was ¥59,765,104.01, a decrease of 29.74% compared to ¥85,068,095.65 in the same period last year[7] - Net profit attributable to shareholders increased by 142.20% to ¥12,745,831.46 from ¥5,262,503.48 year-on-year[7] - Net profit excluding non-recurring gains and losses rose by 172.26% to ¥11,187,867.25 compared to ¥4,109,332.65 in the previous year[7] - Basic earnings per share increased by 141.43% to ¥0.0338 from ¥0.0140 in the same period last year[7] - Total operating revenue for Q1 2020 was CNY 59,765,104.01, a decrease of 29.7% compared to CNY 85,068,095.65 in Q1 2019[40] - Net profit for Q1 2020 reached CNY 11,063,777.96, an increase of 128.5% compared to CNY 4,838,017.39 in Q1 2019[41] - The total comprehensive income for the period was ¥14,563,536.11, compared to ¥6,565,199.08 in the previous year, marking a 121.5% increase[45] - The total profit for the period was ¥16,152,341.74, an increase of 118.4% from ¥7,388,322.12 in the same period last year[44] Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥15,743,876.83, a decline of 236.08% compared to -¥4,684,608.63 in the previous year[7] - The company’s cash and cash equivalents decreased from RMB 333,460,212.01 on December 31, 2019, to RMB 294,642,332.26 on March 31, 2020, a decline of approximately 11.6%[32] - Cash and cash equivalents decreased to CNY 254,586,308.73 from CNY 283,390,718.67 at the end of 2019[35] - The company reported a financial expense of CNY -1,097,408.66 in Q1 2020, compared to CNY 1,792,589.70 in Q1 2019[41] - The company incurred a financial expense of -¥1,056,763.74, compared to a financial expense of ¥1,777,371.45 in the previous year, indicating a significant improvement[44] - The net cash flow from operating activities was -11,849,155.50 yuan, a significant decline compared to the previous period's positive cash flow of 510,053.74 yuan[51] - Total cash inflow from operating activities decreased to 79,891,444.22 yuan, down from 91,760,302.82 yuan in the prior period, representing a decline of approximately 12.9%[51] - Cash outflow from operating activities increased slightly to 91,740,599.72 yuan, compared to 91,250,249.08 yuan in the previous period[51] - The net cash flow from investing activities was -662,364.85 yuan, an improvement from -47,815,696.18 yuan in the prior period[52] - The net cash flow from financing activities was -17,287,500.80 yuan, compared to -188,046,623.85 yuan in the previous period, indicating a significant reduction in cash outflow[52] - The ending cash and cash equivalents balance was 235,795,631.52 yuan, a decrease from 440,172,663.15 yuan at the beginning of the period[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,823,839,990.84, a decrease of 2.33% from ¥1,867,276,002.10 at the end of the previous year[7] - The company’s total assets decreased from RMB 1,867,276,002.10 on December 31, 2019, to RMB 1,823,839,990.84 on March 31, 2020, a decline of approximately 2.3%[33] - Total liabilities as of March 31, 2020, were CNY 367,682,363.55, down from CNY 408,915,550.50 at the end of 2019[38] - The company’s total liabilities decreased from RMB 1,249,065,286.97 on December 31, 2019, to RMB 1,208,805,585.79 on March 31, 2020, a decline of approximately 3.2%[32] Contracts and Projects - The company signed a contract for the Zhengzhou Metro Line 4 comprehensive monitoring system integration project with a contract amount of RMB 142,160,000.00, currently in the debugging stage[17] - The company signed a contract for the Luoyang Metro Line 1 comprehensive monitoring system procurement project with a contract amount of RMB 92,516,306.00, currently in the stocking phase[18] - The company received a bid notification for the Zhengzhou Metro Line 3 Phase I comprehensive monitoring system integration project with a bid amount of RMB 59,860,000.00[18] Research and Development - The company’s R&D expenses for Q1 2020 were CNY 13,907,047.18, slightly down from CNY 14,157,019.75 in the same period last year[41] - Research and development expenses rose to ¥7,454,478.62, an increase of 12.6% from ¥6,617,862.51 in the same period last year[44] Other Income and Subsidies - The company received government subsidies amounting to ¥2,198,502.22 during the reporting period[8] - The company recorded other income of ¥9,393,560.59, significantly higher than ¥1,210,000.00 in the previous year[44] Adjustments and Audits - The company did not adjust prior period comparative data under the new revenue and leasing standards implemented in 2020[53] - The first quarter report was not audited, indicating that the figures may be subject to change upon final audit[54]

Financial Performance - The company's operating revenue for 2019 was ¥504.41 million, a decrease of 4.60% compared to ¥528.71 million in 2018[18]. - Net profit attributable to shareholders increased by 141.71% to ¥67.03 million in 2019 from ¥27.73 million in 2018[18]. - The net cash flow from operating activities surged by 1,298.07% to ¥230.70 million in 2019, compared to ¥16.50 million in 2018[18]. - Basic and diluted earnings per share rose by 141.85% to ¥0.1780 in 2019 from ¥0.0736 in 2018[18]. - Total assets decreased by 8.87% to ¥1.87 billion at the end of 2019 from ¥2.05 billion at the end of 2018[18]. - The company's net assets attributable to shareholders increased by 6.82% to ¥1.53 billion at the end of 2019 from ¥1.43 billion at the end of 2018[18]. - The company's total revenue for 2019 was CNY 504,000,000, a decrease of 13.11% compared to CNY 579,000,000 in 2018[59]. - Revenue from the national railway sector was CNY 256,076,237.25, down 24.18% from CNY 337,735,259.03 in the previous year[62]. - The urban rail transit sector saw a significant increase in revenue, reaching CNY 152,420,977.46, up 80.75% from CNY 84,328,814.89[63]. - The company reported a net profit attributable to shareholders of CNY 66,609,855.6 for the Zhengzhou Metro Line 5 project, with a total contract amount of CNY 156,660,228[66]. Research and Development - The company plans to increase its investment in research and development to enhance product competitiveness and customer satisfaction, particularly in the urban rail market[7]. - The company focuses on the research and development of automation measurement and control technology, primarily serving the rail transit industry[27]. - The company is aiming to enhance operational efficiency through the implementation of intelligent management systems and monitoring solutions[44]. - The company has a strong emphasis on R&D, with multiple patents filed for online monitoring systems and defect detection methods in 2019[42]. - Research and development investment reached CNY 77.71 million, accounting for 15.41% of operating revenue, which is a 20.80% increase from the previous year[55]. - The company is accelerating the development of a new generation of smart security platforms for rail transit, leveraging its advantages in disaster monitoring and earthquake early warning systems[123]. Market Position and Strategy - The company anticipates significant growth opportunities in the railway and urban rail sectors over the next decade, driven by government investments in infrastructure[4]. - The company is actively pursuing new strategies for market expansion, including the development of advanced monitoring systems for urban rail transit[42]. - The company is focusing on expanding its urban rail transit projects, as evidenced by the completion of multiple lines, which contributed to revenue growth in this segment[64]. - The company has successfully won bids for the second urban rail project in Luoyang, enhancing its competitive position in the urban rail transit sector[35]. - The company is positioned to benefit from national policies supporting the development of the private economy and easing market access for private enterprises[121]. - The company aims to transform from equipment manufacturing and system integration to a comprehensive service provider focused on operation and maintenance in the rail transit sector[122]. Operational Efficiency and Risk Management - The company is committed to improving operational efficiency and risk management as it expands its business and product lines, which includes managing multiple subsidiaries[8]. - The company emphasizes the importance of adapting its strategic planning and business layout in response to industry trends and policy changes to mitigate risks[4]. - The company is actively monitoring industry policy changes to better understand their impact on operations and profitability[4]. - The company is focused on optimizing its internal control systems and processes to ensure sustainable growth and development amid expanding business operations[8]. - The company acknowledges the risk of new product development not generating expected revenue due to potential delays and uncertainties in the technology transfer process[7]. Shareholder and Financial Management - The company reported a total share capital of 376,656,420 shares as of December 31, 2019, with a cash dividend of 0.5 RMB per 10 shares (including tax) proposed for distribution to all shareholders[8]. - The company declared a cash dividend of 0.50 yuan per 10 shares (including tax), totaling 18,832,821 yuan, which represents 100% of the distributable profit[134]. - The total distributable profit available for investors was 389,798,399.33 yuan after accounting for the legal reserve and previous undistributed profits[134]. - The company has committed to investment projects totaling RMB 69,292.3 million, with cumulative investments of RMB 42,557.5 million as of the end of the reporting period[100]. - The company has no significant litigation or arbitration matters during the reporting period[142]. - The company has maintained a continuous relationship with Da Hua Accounting Firm for 18 years, with an audit fee of 800,000 yuan for the reporting period[140]. Assets and Liabilities - The company's fixed assets increased by 71.42% compared to the beginning of the period, mainly due to the completion of construction projects[36]. - Cash and cash equivalents decreased by 31.82% compared to the beginning of the period, primarily due to repayment of bank loans[37]. - Accounts receivable increased by 56.80% compared to the beginning of the period, attributed to an increase in accepted bills[37]. - Other current assets grew by 83.70% compared to the beginning of the period, mainly due to an increase in pending input tax from infrastructure projects[37]. - The company has no significant changes in its asset and liability structure during the reporting period[174]. Human Resources and Management - The company employed a total of 765 staff, with 490 in technical roles, 116 in production, and 71 in sales[200]. - The management team includes experienced professionals with extensive backgrounds in engineering and finance, contributing to strategic decision-making[194]. - The average age of the current directors and senior management is approximately 51 years[198]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 6.372 million yuan[197]. - The company has not granted any stock incentives to directors and senior management during the reporting period[199].

Financial Performance - Operating income for the reporting period was CNY 92,003,203.88, an increase of 10.89% year-on-year [7]. - Net profit attributable to shareholders was CNY 22,880,528.29, reflecting a growth of 15.49% compared to the same period last year [7]. - Investment income increased by 30.52% compared to the same period last year, mainly due to reduced losses from joint ventures [21]. - Net profit attributable to shareholders increased by 46.26% year-on-year, driven by revenue growth, reduced financial expenses, and increased investment income [21]. - The company expects a net profit increase of over 50% for the year 2019, with an estimated range of net profit attributable to shareholders between 70 million and 90 million yuan [27]. - The total profit for Q3 2019 was CNY 21,559,029.33, compared to CNY 20,176,643.50 in the same quarter last year, marking a growth of 6.9% [48]. - The net profit for Q3 2019 reached CNY 21,330,922.88, up from CNY 20,669,883.17, reflecting a growth of 3.2% year-over-year [48]. - The net profit attributable to the parent company for Q3 2019 was ¥58,059,559.69, an increase of 46.2% compared to ¥39,695,615.11 in the same period last year [54]. - The company reported a total profit of ¥55,980,291.52 for the year-to-date period, compared to ¥43,088,069.84 in the previous year, indicating a growth of 29.0% [55]. Cash Flow - The net cash flow from operating activities reached CNY 86,902,153.40, a substantial increase of 609.83% compared to the previous year [7]. - Net cash flow from operating activities grew by 305.55% year-on-year, primarily due to increased sales collections and reduced material procurement payments [23]. - The net cash flow from operating activities for the current period is ¥104,730,175.82, a significant increase compared to ¥12,048,227.73 in the previous period, representing a growth of approximately 769% [61]. - The cash inflow from operating activities totaled ¥477,811,048.54, compared to ¥369,838,316.62 in the previous year, an increase of 29.2% [59]. - The cash flow from sales of goods and services received was ¥341,917,903.09, an increase from ¥247,915,326.08, representing a growth of approximately 38% [61]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,830,746,398.02, a decrease of 10.65% compared to the end of the previous year [7]. - The company's total assets decreased to CNY 1,798,699,936.13 from CNY 1,985,538,619.69, a decline of 9.4% [44]. - Total liabilities decreased to CNY 411,975,478.32 from CNY 652,252,844.97, a reduction of 36.8% [43]. - Total equity attributable to shareholders reached CNY 1,333,285,774.72, with retained earnings of CNY 342,262,744.22 and capital reserve of CNY 546,096,387.53 [73]. - The company's total liabilities and equity combined reached CNY 2,049,000,147.58, reflecting its overall financial position [68]. Research and Development - R&D expenses increased by 43.42% year-on-year, indicating a significant rise in investment in research and development [19]. - Research and development expenses increased to CNY 19,667,187.04, compared to CNY 14,017,854.76 in the previous year, marking a rise of 40.5% [45]. - Research and development expenses for Q3 2019 amounted to CNY 8,264,163.73, which is a 37.2% increase from CNY 6,021,748.47 in the previous year [49]. - Research and development expenses increased to ¥26,679,071.04, representing a 56.0% rise from ¥17,115,403.20 in the previous year [55]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,111 [11]. - The basic and diluted earnings per share for Q3 2019 were both CNY 0.0607, compared to CNY 0.0526 in the previous year, indicating an increase of 15.4% [48]. - The basic and diluted earnings per share for Q3 2019 were both ¥0.1541, compared to ¥0.1054 in the same period last year, reflecting a 46.2% increase [54]. Financial Management - Short-term borrowings decreased by 88.65% as the company repaid its short-term loans [15]. - The company incurred financial expenses of ¥3,144,538.31, a decrease from ¥11,455,241.89 in the previous year, indicating improved financial management [55]. - The company reported a credit impairment loss of CNY -2,546,638.86 for Q3 2019, compared to no such loss in the previous year [49]. - The company reported a net investment loss of CNY 1,627,109.16, compared to a gain of CNY 261,705.03 in the previous year [45].

Financial Performance - The company's operating revenue for the first half of 2019 was ¥204,278,084.75, representing an increase of 11.15% compared to ¥183,786,068.91 in the same period last year[16]. - The net profit attributable to shareholders of the listed company reached ¥35,179,031.40, a significant increase of 76.93% from ¥19,883,139.54 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥27,620,823.37, up 80.90% from ¥15,268,272.75 year-on-year[16]. - Basic earnings per share increased to ¥0.0934, up 76.89% from ¥0.0528 in the previous year[16]. - The total profit for the first half of 2019 was CNY 39.31 million, compared to CNY 28.27 million in the first half of 2018, representing an increase of about 39.2%[143]. - The company reported a net profit margin improvement, with net profit for the first half of 2019 reflecting a positive trend compared to the previous year[140]. Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥27,518,354.57, a turnaround from a negative cash flow of -¥67,908,114.71 in the same period last year, marking a 140.52% increase[16]. - The company's cash and cash equivalents decreased from RMB 489,058,726.56 at the end of 2018 to RMB 293,665,704.61 by June 30, 2019, a decline of approximately 40%[131]. - The cash inflow from operating activities totaled ¥204,469,437.95, an increase from ¥170,495,018.93 in the first half of 2018[151]. - The cash outflow for operating activities was ¥174,944,821.87, a decrease from ¥213,907,314.25 in the previous year[151]. - The company’s cash flow management reflects a strategic focus on improving operational efficiency and reducing investment outflows[151]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,894,871,377.14, a decrease of 7.52% from ¥2,049,000,147.58 at the end of the previous year[16]. - The total liabilities decreased to CNY 473,181,303.25 from CNY 652,252,844.97, indicating a reduction of 27.5%[138]. - The company's cash and cash equivalents at the end of the reporting period amount to CNY 293,665,704.61, representing 15.50% of total assets, a decrease of 1.79% from the previous year[60]. - The accounts receivable at the end of the reporting period is CNY 506,624,431.70, which is 26.74% of total assets, showing an increase of 2.64% compared to the previous year[60]. Research and Development - Research and development investment amounted to RMB 28.63 million, accounting for 14.01% of operating revenue, which is a 45.64% increase from the previous year[49]. - The company has obtained 14 patents during the reporting period, including 2 invention patents, and has 15 patents accepted, with 8 being invention patents[34]. - The company is focusing on developing a comprehensive monitoring platform for electrical equipment maintenance, with ongoing R&D for monitoring products and upgrades to existing systems[43]. - Research and development expenses increased significantly to CNY 28,625,149.95, compared to CNY 19,655,033.55 in the previous year, marking a rise of 45.7%[140]. Market Position and Strategy - The company focuses on the rail transit industry, providing integrated solutions for operation and maintenance, with products covering various professional fields such as electrical, mechanical, and operational systems[23]. - The company has a strong competitive position in the national railway industry, particularly in monitoring and operational management products[31]. - The company emphasized the importance of expanding its market presence and enhancing product competitiveness through increased R&D investment and collaboration with leading enterprises[42]. - The company aims to enhance its urban rail business revenue share by improving integrated product solutions and completing project deliveries efficiently[44]. Corporate Governance and Compliance - The financial report was approved by the board of directors on July 30, 2019, indicating a structured governance process[169]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the accuracy and completeness of financial reporting[175]. - The company has established a comprehensive consolidation scope for its financial statements, including all controlled subsidiaries[188]. - The report emphasizes the importance of compliance with relevant regulations and standards in the preparation of financial statements[172]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 43,244[116]. - The largest shareholder, Li Haiying, holds 10.75% of the shares, amounting to 40,492,300 common shares[116]. - The total equity attributable to the parent company's owners at the end of the reporting period was 1,773 million yuan[155]. - The company has not conducted any equity incentive plans or employee stock ownership plans during the reporting period[91].

证券代码：002296 公司简称：辉煌科技 公告编号：2019-030 河南辉煌科技股份有限公司 关于参加 2019 年河南上市公司投资者 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信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 河南辉煌科技股份有限公司（以下简称"公司"）拟参加由河南证监局指导、 河南上市公司协会主办、深圳市全景网络有限公司协办的"互动感受诚信 沟通 创造价值"—2019年河南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： 1、召开时间：2019年6月27日（星期四）下午16:00-17:30。 2、召开地点：投资者关系互动平台（http://rs.p5w.net）。 3、召开方式：网络互动，通过上述网络平台与投资者进行交流。 4、公司出席人员：副总经理、董事会秘书杜旭升先生，财务总监侯菊艳女 士。 本次活动将围绕2018年年报、公司治理、发展战略、经营状况、融资计划、 股权激励、投资者保护、可持续发展等问题与投资者进行充分沟通与交流。 欢迎广大投资者积极参与！ 特此公告！ 河南辉煌科技股份有限公司 董 事 会 2019 年 6 月 22 日 ...