证券代码：002298 证券简称：中电兴发 安徽中电兴发与鑫龙科技股份有限公司 投资者关系活动记录表 编号：2021-011 | --- | --- | --- | |-----------------------|--------------------------------------------------|--------------------------------------------------------------------------| | | 特定对象调研 | □ 分析师会议 | | | 媒体采访 | □ 业绩说明会 | | 投资者关系活 动类别 | □ 新闻发布会 | □ 路演活动 | | | 现场参观 | | | | ■ 其他 | （机构投资者线上交流会） | | 参与单位名称 | 中信证券研究部 丁奇 | | | 及人员姓名 | 中信证券投行部 吴逊先、沈磊 | | | 时间 | 2021 年 12 月 29 日 | | | 地点 | | | | | 公司会议室 公司董事、常务副总经理、董事会秘书 汪 | 宇 | | 上市公司接待 人员姓名 | 公司董事会办公室主任、证券事 ...

证券代码：002298 证券简称：中电兴发 编号：2022-001 安徽中电兴发与鑫龙科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|----------------------------------------|---------------------------------------------------------------------------------------------------------------------------| | | □特定对象调研 | □分析师会议 | | | □媒体采访 | 业绩说明会 | | 投资者关系 | □新闻发布会 | 路演活动 | | 活动类别 | □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 通过"全景·路演天下"参与公司 | 2021 年度网上业绩说明会的广大投资者 | | 时间 | 2022 年5月 18日15:00-17:00 | | | | 地点 "全景·路演天下"（ | htt ...

编号：2022-002 证券代码：002298 证券简称：中电兴发 安徽中电兴发与鑫龙科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------------|---------------------------------------------------|------------------------------------------------------------------------------| | | | | | | ■ 特定对象调研 | 分析师会议 | | 投资者关系活 | □ 媒体采访 | 业绩说明会 | | 动类别 | □ 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 | 武汉伟基楚天资产管理有限公司 张仁海 | | | 时间 | 2022年9月5 日 | | | | | | | | 地点 公司三楼会议室 | | | 上市公司参会 | 公司董事、常务副总经理、董事会秘书 | 汪 宇 | | 人员姓名 | 公司董 ...

编号：2022-003 证券代码：002298 证券简称：中电兴发 安徽中电兴发与鑫龙科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------------------|--------------------------------------------------------------------------------------| | 投资者关系 \n活动类别 | □特定对象调研 \n 媒体采访 \n□新闻发布会 \n□现场参观 \n 其他 （ 2022 | □分析师会议 \n 业绩说明会 \n 路演活动 \n年安徽辖区上市公司投资者网上集体接待日活动） | | 参与单位名称 及人员姓名 | 线上参与 2022 | 年安徽辖区上市公司投资者网上集体接待日活动的广大投资者 | | 时间 | 2022年09月07日下午16:00-17:30 | | | | | | | 地点 | "全景•路演" （ ...

Financial Performance - The company's revenue for Q3 2022 reached ¥770,297,084.95, representing a 35.29% increase year-over-year[4] - Net profit attributable to shareholders decreased by 25.59% to ¥36,211,975.03 for the same period[4] - The basic earnings per share (EPS) was ¥0.0505, down 27.86% compared to the previous year[4] - Total operating revenue for the third quarter of 2022 was CNY 2,248,141,742.87, an increase of 10.4% compared to CNY 2,036,652,604.14 in the same period last year[40] - Net profit for the third quarter of 2022 was CNY 120,701,939.34, a decrease of 7.9% from CNY 129,742,165.42 in the previous year[41] - Earnings per share for the third quarter of 2022 were CNY 0.1824, down from CNY 0.1994 in the same period last year[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,333,991,646.84, an increase of 4.15% from the end of the previous year[4] - Total assets as of the end of the third quarter of 2022 amounted to CNY 8,333,991,646.84, compared to CNY 8,001,659,183.14 at the end of the previous year[38] - Total liabilities as of the end of the third quarter of 2022 were CNY 2,973,448,284.97, an increase from CNY 2,775,348,238.17 year-on-year[38] - The company’s total equity attributable to shareholders increased by 3.15% to ¥5,167,183,353.60[5] - Total equity attributable to shareholders of the parent company was CNY 5,167,183,353.60, up from CNY 5,009,326,639.23 in the previous year[38] Cash Flow - Cash flow from operating activities showed a net outflow of ¥30,990,562.19, improving by 85.98% compared to the previous year[4] - The net cash flow from operating activities increased by 85.98% compared to the same period last year, primarily due to increased sales collections and higher government subsidies received[20] - The total cash inflow from operating activities for the current period was ¥1,725,925,729.49, an increase from ¥1,552,041,435.49 in the previous period, representing a growth of approximately 11.2%[43] - The net cash flow from operating activities was -¥30,990,562.19, an improvement compared to -¥221,030,763.59 in the same period last year[43] - Cash inflow from investment activities totaled ¥368,821,367.06, significantly higher than ¥196,685,862.97 in the previous period, marking an increase of about 87.5%[43] - The net cash flow from investment activities was -¥81,590,574.76, worsening from -¥2,493,941.74 year-over-year[43] - Cash inflow from financing activities was ¥650,591,527.81, down from ¥934,632,802.18 in the previous period, a decrease of approximately 30.4%[44] - The net cash flow from financing activities was ¥20,429,723.52, a decline from ¥176,531,886.08 in the same period last year[44] - The ending balance of cash and cash equivalents was ¥473,898,669.90, down from ¥547,947,862.17 in the previous period, reflecting a decrease of about 13.4%[44] Investments and Income - The company reported a significant increase in investment income, which rose by 162.54% to ¥10,616,104.70 compared to the same period last year[19] - Other income increased by 95.05% to ¥19,995,538.46, primarily due to government subsidies received[19] - The company reported an investment income of CNY 10,616,104.70, significantly higher than CNY 4,043,607.31 in the previous year[40] - The company’s cash inflow from the recovery of investments was ¥348,000,000.00, up from ¥188,356,531.50 in the previous period, representing an increase of about 84.6%[43] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 65,960[22] - The largest shareholder, Qu Honggui, holds 10.27% of the shares, totaling 76,042,543 shares, and is the actual controller of the company[23] Company Strategy and Development - The company is recognized as a national-level high-tech enterprise and has been included in the AI 50 Index and FTSE Russell Global Stock Index[24] - The company focuses on the development of smart city solutions, leveraging key technologies such as AI, IoT, cloud computing, and big data[25] - The company aims to provide comprehensive digital technology and product services across various sectors, including modern defense and digital economy[25] - The company emphasized leveraging opportunities from national strategies such as "New Infrastructure" and "Smart Manufacturing" to enhance its market position[28] - The company is committed to providing safe and reliable digital and intelligent products and services through technological innovation[28] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[39] Operational Changes - The company adjusted its 2021 employee stock ownership plan to better align with current operational realities and boost employee motivation[31] - The company provided financing guarantees totaling up to 1.2 billion RMB for its subsidiaries[32] - The company won a bid for the Lanzhou Zhongchuan International Airport Phase III expansion project, with a total bid amount of 102.86 million RMB[33] Reporting and Communication - The company completed the disclosure of the 2022 semi-annual report on August 18, 2022[28] - The company participated in the investor reception day on September 7, 2022, enhancing communication with investors[29] Asset Management - Contract assets grew by 59.78% to ¥724,940,766.94, indicating an increase in revenue recognized but not yet collected[10] - As of September 30, 2022, the company's total current assets amounted to approximately 4.05 billion RMB, an increase from 3.71 billion RMB at the beginning of the year[35] - The company's non-current assets included intangible assets valued at approximately 1.53 billion RMB as of September 30, 2022[35] - The company reported accounts receivable of approximately 1.69 billion RMB as of September 30, 2022, compared to 1.65 billion RMB at the beginning of the year[35]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,477,844,657.92, representing a 0.72% increase compared to ¥1,467,302,034.56 in the same period last year[22]. - The net profit attributable to shareholders was ¥94,640,550.84, which is a 5.05% increase from ¥90,089,836.77 in the previous year[22]. - The net cash flow from operating activities improved by 37.94%, reaching -¥95,131,997.05 compared to -¥153,279,705.14 in the same period last year[22]. - The total assets at the end of the reporting period were ¥8,146,082,337.04, an increase of 1.80% from ¥8,001,659,183.14 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 2.25%, amounting to ¥5,121,969,742.39 compared to ¥5,009,326,639.23 at the end of the previous year[22]. - The basic earnings per share for the reporting period was ¥0.1319, a slight increase of 0.30% from ¥0.1315 in the same period last year[22]. - The company's revenue for the reporting period was approximately CNY 1.48 billion, representing a year-on-year increase of 0.72% compared to CNY 1.47 billion in the same period last year[105]. - The company's operating costs increased by 1.23% to approximately CNY 979.16 million from CNY 967.25 million year-on-year[105]. - Research and development investment decreased by 13.28% to approximately CNY 59.17 million from CNY 68.23 million year-on-year[105]. - The company reported a significant decrease in financial expenses by 28.76%, from CNY 28.17 million to CNY 20.07 million year-on-year[105]. Business Strategy and Market Position - The company is a leading provider of smart city solutions and has received multiple national-level certifications, including "CMMI5" and recognition in the "Forbes China Potential 100" list[32]. - The company focuses on key technologies such as artificial intelligence, IoT, cloud computing, and big data, forming a dual-architecture system of data applications (DA) and digital infrastructure (DI)[34]. - The smart city business includes three core markets: smart administrative regions, smart defense, and smart spatiotemporal solutions, aimed at enhancing governance and service efficiency[35]. - The company aims to enhance the digital economy and improve public satisfaction through comprehensive data empowerment and high-quality regional economic development[35]. - The company is positioned to support the modernization of governance and the development of smart cities, contributing to the national digital economy strategy[34]. - The company is focusing on a new track for smart city construction, emphasizing standardized digital infrastructure (DI) and data applications (DA) to enhance efficiency and user engagement[39]. - The company aims to create a local digital economy ecosystem by connecting supply and demand through a data operation platform, enhancing regional digital service growth[45]. - The company is committed to self-controlled and domestic substitution technology development, focusing on end-to-end products and solutions for government and enterprise sectors[42]. - The company is recognized as one of the nine "Class A" solution providers approved by multiple national ministries, holding various national-level certifications and honors[66]. Research and Development - The company has established five R&D centers across major cities, focusing on key technologies such as AI, IoT, cloud computing, and big data, to support its digital infrastructure and application services[42]. - The company has developed self-controlled products and solutions in carbon emission monitoring, including smart environmental protection and AI image analysis systems, aimed at reducing energy consumption in data centers[50]. - The company has achieved mutual certification with major domestic chip and operating system manufacturers, ensuring complete domestic hardware replacement and compatibility with local operating systems[52]. - The company holds 439 valid patents, including 118 invention patents, which enhance its market competitiveness and support its high-quality development[82]. - The company has been recognized as a national high-tech enterprise and has received multiple certifications, enhancing its competitive edge in the market[55]. Corporate Governance and Social Responsibility - The company has established a comprehensive corporate governance structure to ensure all shareholders can fairly enjoy their legal rights and interests[135]. - The company strictly adheres to labor laws and provides comprehensive social security benefits, including five types of insurance and housing fund contributions for employees[136]. - The company actively participates in pandemic prevention efforts, utilizing big data and AI technology to support public safety departments[139]. - The company emphasizes employee satisfaction through regular surveys and improvement plans in key areas such as management, compensation, and workplace safety[138]. - The company aims to balance corporate social responsibility with business development, contributing to national prosperity and social harmony[140]. Risks and Challenges - The company faces significant risks from policy and market competition, particularly in the areas of new generation communication technologies like 4G/5G, which are heavily influenced by government investment decisions[123]. - The company emphasizes the importance of project management and risk management to mitigate the complexities and risks associated with implementing smart city projects[124]. - The company has established a set of regulations to manage the challenges posed by its expanding operational scale, which includes product development and human resource management[125]. Future Outlook - The implementation of the "carbon peak and carbon neutrality" strategy presents significant development opportunities for the company, particularly in smart city and energy management sectors, contributing to the reduction of carbon emissions in the digital economy[50]. - The company is positioned to benefit from the national "New Infrastructure" strategy, which is expected to drive economic growth and stabilize employment in the short term while fostering strategic emerging industries for high-quality economic development in the long term[49]. - The company aims to enhance its core competitiveness through continuous innovation and the development of high-quality domestic products and solutions[182].

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-on-year growth of 15%[13] - The net profit attributable to shareholders was RMB 150 million, an increase of 10% compared to the previous year[13] - The company's operating revenue for 2021 was ¥2,770,611,554.92, representing a slight increase of 0.15% compared to ¥2,766,337,844.08 in 2020[6] - The net profit attributable to shareholders decreased by 31.37% to ¥205,650,769.59 from ¥299,663,514.27 in the previous year[6] - The net profit after deducting non-recurring gains and losses was ¥190,304,228.75, down 28.60% from ¥266,532,281.08 in 2020[6] - The total operating revenue for 2021 was approximately CNY 2.77 billion, a slight increase of 0.15% compared to CNY 2.77 billion in 2020[154] - The revenue from the self-controlled smart city solutions and operation services accounted for 75.46% of total revenue, amounting to approximately CNY 2.09 billion, up by 1.48% year-on-year[154] - The revenue from big data applications and operation services decreased by 4.77% to approximately CNY 647.90 million, representing 23.38% of total revenue[154] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[13] - The company is exploring potential mergers and acquisitions to enhance its technology capabilities and market reach[13] - The company aims to leverage its core technologies and brand influence to drive innovation and maintain competitive advantages in the market[61] - The company is positioned to benefit from the national strategy of "new infrastructure construction," which is expected to drive new demand and create new business models[194] - The company is focusing on optimizing product structure and improving production processes in response to increased competition and longer payment cycles in the high-speed rail signal power supply system sector[192] Research and Development - The company has allocated RMB 100 million for research and development in new technologies for the upcoming fiscal year[13] - The company’s R&D investment amounted to ¥144,582,540.07 in 2021, representing a 1.96% increase from ¥141,805,651.78 in 2020[168] - R&D investment accounted for 5.22% of operating revenue in 2021, up from 5.13% in 2020[168] - The company has established five R&D centers in major cities, focusing on key technologies such as AI, IoT, cloud computing, and big data, with a commitment to self-control and domestic substitution[73] - The company is committed to providing end-to-end integrated solutions that cover information perception, transmission, storage, computation, processing, and application[112] Risk Management - The company has identified potential risks including market competition and regulatory changes, which may impact future performance[4] - The company is cautious about large-scale investments in charging pile projects due to the current profitability challenges in the industry[188] - The company emphasizes improving the efficiency of raised fund usage to reduce financial costs and operational expenses[188] Corporate Governance and Shareholder Actions - The board has decided not to distribute cash dividends for the year, focusing on reinvestment into growth initiatives[4] - The controlling shareholder, Mr. Qu Honggui, reduced his holdings to 101,374,300 shares, representing 13.7% of the total share capital, while his action partner no longer holds shares[41] - Shareholder Mr. Shu Longsheng reduced his holdings to 68,976,700 shares, representing 9.32% of the total share capital, while his action partner no longer holds shares[41] Technological Advancements - The company is positioned to leverage advancements in 5G, big data, AI, and cloud computing to drive digital economy growth and infrastructure development[28] - The company has developed a fully autonomous and internationally competitive core technology and product system, focusing on AI, IoT, cloud, and big data[116] - The company has achieved CMMI Level 5 certification and has been recognized in the "Top 100 Potential Companies in China" by Forbes, as well as being included in the Shenzhen Stock Exchange AI 50 Index and the FTSE Russell Global Stock Index[63] Sustainability and Green Initiatives - The company was awarded the title of "National Green Factory," recognizing its commitment to green manufacturing and sustainable development[57] - The company is positioned as a national-level green factory, actively contributing to the "dual carbon goals" of carbon peak and carbon neutrality, enhancing its technological innovation capabilities in smart city and energy management sectors[83] - The company has developed self-controlled products and solutions for carbon emission monitoring, including smart environmental protection and AI image analysis systems, which are ultra-low energy consumption products aimed at reducing overall energy consumption in data centers[84] Strategic Partnerships and Collaborations - The company signed a strategic cooperation framework agreement with China Cable Television Network Co., Ltd. on January 19, 2021[47] - The company established a strategic cooperation relationship with Huawei Technologies Co., Ltd. to promote smart city and big data center construction in Shaanxi region[47] - The company has established long-term partnerships with prestigious universities and research institutions, enhancing its R&D capabilities[148] Operational Efficiency - The company has reported a commitment to high-quality rapid development while navigating challenges such as the pandemic and power restrictions[32] - The company is actively integrating resources and adjusting its target customer structure to meet market demands more effectively[192] - The operational strategy includes enhancing collaboration among subsidiaries to leverage shared resources and complementary advantages[200]

Financial Performance - The company's revenue for Q1 2022 was ¥781,965,149.46, representing a 7.74% increase compared to ¥725,780,943.42 in the same period last year[2] - Net profit attributable to shareholders was ¥66,802,388.67, a significant increase of 45.34% from ¥45,962,671.04 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥54,496,698.83, up 28.81% from ¥42,308,913.81 in the previous year[2] - Basic and diluted earnings per share increased by 35.52% to ¥0.0931 from ¥0.0687 year-on-year[2] - The total operating revenue for Q1 2022 was CNY 781,965,149.46, an increase of 7.8% compared to CNY 725,780,943.42 in Q1 2021[49] - The net profit for Q1 2022 was CNY 62,139,545.19, representing a 51.2% increase from CNY 41,094,302.08 in Q1 2021[50] - The profit attributable to the parent company's shareholders was CNY 66,802,388.67, compared to CNY 45,962,671.04 in the same period last year, marking a growth of 45.4%[50] Cash Flow and Assets - The company's cash flow from operating activities showed an improvement, with a net cash outflow of ¥69,639,214.87, which is 16.63% less than the outflow of ¥83,527,852.92 in the same period last year[2] - The company's cash and cash equivalents decreased to CNY 426,702,439.79 from CNY 612,309,491.10, representing a decline of about 30.34%[44] - The company reported a total current assets of CNY 3,853,472,995.37 as of the end of the reporting period, an increase from CNY 3,713,732,574.17 at the beginning of the year, reflecting a growth of approximately 3.77%[44] - The total assets at the end of the reporting period were ¥7,995,221,949.76, a slight decrease of 0.08% from ¥8,001,659,183.14 at the end of the previous year[2] - The total liabilities decreased to CNY 2,697,625,947.74 from CNY 2,775,348,238.17 in the previous quarter, indicating a reduction of approximately 2.8%[47] Shareholder Information - The total number of common shareholders at the end of the reporting period is 65,695[9] - The largest shareholder, Qu Honggui, holds 12.23% of shares, totaling 90,483,343 shares, with 76,030,757 shares pledged[9] - The second-largest shareholder, Shu Longsheng, holds 8.62% of shares, totaling 63,776,662 shares, with 51,732,496 shares pledged[9] - The company’s shareholder, Qu Honggui, holds 90,483,343 shares, representing 12.23% of the total shares, and has initiated a share reduction plan[42] Recognition and Awards - The company was included in the Shenzhen AI 50 Index, recognizing its core technologies and products in AI, big data, and cloud computing[12] - The company was successfully included in the FTSE Russell Global Stock Index, highlighting its comprehensive strength in core technologies and performance[13] - The company was listed in the 2020 China Xinchuang TOP 500, based on its R&D capabilities and innovation in application scenarios[14] - The company was recognized as a "National Green Factory," affirming its commitment to sustainable development and green manufacturing practices[21] - The company was recognized as one of the "Top 100 Innovative Enterprises in Anhui" and ranked among the top ten, reflecting its strong innovation capabilities and brand influence[32] Research and Development - Research and development expenses for Q1 2022 were CNY 31,811,054.41, slightly down from CNY 32,118,601.89 in Q1 2021[49] - The company secured multiple national patents and software copyrights in cloud storage and AI algorithms, achieving a 50% increase in storage density and a 60% reduction in energy consumption in its proprietary magnetic storage products[25] - The company has obtained 22 new mutual certification certificates in the "Xin Chuang" field, covering various self-developed software and hardware products, highlighting its commitment to independent innovation and domestic substitution[26] - The iChinaE big data application platform V2.0 won the "2020-2021 Excellent Innovative Software Product Award," showcasing its advanced technology and capabilities in public security applications[29] Strategic Partnerships and Market Position - The company signed a strategic cooperation agreement with Hubei Broadcasting and Television Information Network Co., aiming to enhance its market presence in smart city and big data solutions in the Central China region[41] - The company’s total liabilities and equity structure will be further enhanced through the strategic partnership, which is expected to improve its competitive edge in digital transformation services[41] Product Development and Innovation - The self-developed Video Comprehensive Management Platform V1.0 achieved compatibility testing with Huawei and Tongxin, enhancing its core competitiveness in smart city and public safety applications[18] - The company completed compatibility testing of the Video Comprehensive Management Platform V1.0 with various domestic hardware and software systems, meeting the requirements of the domestic market for smart China business[19] - Four products, including FMS-X-C-U4P36 and FMS-Q-C-U4P72, were selected for the "2020 China Brand Day Electronic Information Industry National New Product Promotion Directory," showcasing the company's strong R&D capabilities[17] - The company’s project on intelligent manufacturing and remote operation based on the industrial internet platform has been recognized, marking its leadership in digital transformation in the industry[33] - The company’s self-developed video cloud storage node device won the "Top Ten Innovative Products of the Snow Bright Project," demonstrating its contributions to public safety technology[31]

Financial Performance - The company's operating revenue for Q3 2021 was ¥569,350,569.58, a decrease of 23.42% compared to the same period last year[3] - Net profit attributable to shareholders was ¥48,668,147.80, down 55.24% year-on-year[3] - The basic earnings per share decreased by 56.95% to ¥0.0700[3] - The company reported a total revenue from sales of goods and services of ¥1,535,534,047.38, an increase from ¥1,391,855,814.37, representing a growth of approximately 10.3%[34] - Net profit decreased to ¥129,742,165.42 from ¥246,804,543.98, a decline of about 47.5% compared to the previous year[32] - Operating profit fell to ¥169,777,516.36 from ¥285,010,868.46, a decrease of around 40.6% year-over-year[31] - Total operating costs increased to ¥1,856,423,909.38 from ¥1,655,448,943.21, representing a growth of approximately 12.14% year-over-year[31] Cash Flow and Assets - Cash flow from operating activities showed a net outflow of ¥221,030,763.59, a decline of 835.42% compared to the previous year[3] - Cash and cash equivalents decreased to ¥598,957,288.58 from ¥643,462,953.85 at the end of 2020, reflecting a decline of approximately 6.9%[27] - Cash and cash equivalents at the end of the period were ¥547,947,862.17, down from ¥594,940,681.42 at the beginning of the period[35] - The total assets at the end of the reporting period were ¥7,860,602,275.59, an increase of 5.26% from the end of the previous year[3] - The total current liabilities decreased to ¥2,279,587,446.70 from ¥2,555,103,477.50, a reduction of approximately 10.8%[29] - The total non-current liabilities increased to ¥444,968,691.66 from ¥229,593,799.02, reflecting a significant rise of approximately 94%[29] - The company's equity attributable to shareholders rose to ¥4,934,363,723.11 from ¥4,484,631,585.20, marking an increase of about 10%[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 57,153[13] - The top shareholder, Qu Honggui, holds 14.37% of shares, totaling 106,385,743 shares, with 42,300,000 shares pledged[13] - The top ten shareholders hold a combined total of 1.45% of the company's total shares, with Zhang Jingbing holding 10,757,100 shares[14] - The company has a total of 0 priority shareholders at the end of the reporting period[13] Investment and Financing Activities - Investment income increased by 323.21% to ¥4,043,607.31, attributed to higher equity method investment returns[11] - The net cash flow from investment activities increased by 93.27% to -¥2,493,941.74, due to reduced cash outflows for construction projects[11] - The net cash flow from financing activities surged by 695.97% to ¥176,531,886.08, driven by funds raised from a private placement of shares[11] - The company completed a private placement of 48,604,986 shares on May 21, 2021, following approval from the China Securities Regulatory Commission[17] - The company completed a private placement of 48,604,986 shares, increasing total share capital from 691,505,915 shares to 740,110,901 shares[18] - The registered capital increased from RMB 691,505,915 to RMB 740,110,901 following the issuance of new shares[18] Strategic Initiatives and Innovations - The company has established a dual-architecture system focusing on Data Application (DA) and Data Infrastructure (DI), enhancing its capabilities in AI, IoT, and big data[15] - The company aims to solidify its position as a leading provider of smart solutions in China, leveraging 4G/5G and high-speed fiber network services[15] - The company emphasizes a strategy of "self-controllable and domestic substitution" in its innovation and development direction[15] - The company has formed a strong digital empowerment platform by integrating its capabilities with China Unicom and China Cable's network transmission capabilities[15] - The company has committed to increasing R&D investment to support the development of key technologies and solutions[23] - The company plans to increase investment in technology research and development to enhance collaboration with innovation alliance enterprises[24] Certifications and Recognitions - The company was included in the FTSE Russell Global Stock Index, recognizing its core technology and operational performance[21] - The company was listed among the 2020 TOP 500 Chinese Information Innovation Enterprises, highlighting its R&D capabilities and innovative applications[22] - The company obtained the Weapon Equipment Quality Management System Certification, enhancing its competitiveness in the military market[22] - The company received the Information System Construction and Service Capability (CS4) Level Certificate, indicating its strong strategic and technical capabilities[23] - Four products were awarded the "National New Product" title during the 2021 China Brand Day event, showcasing the company's innovation in electronic information[23] - The company was awarded the "Best Innovation Product Provider" for 2020-2021, recognizing its contributions in the field of information technology application innovation[24] Miscellaneous - The third quarter report for Anhui Zhongdian Xingfa and Xinlong Technology Co., Ltd. was not audited[37] - The company did not need to adjust the year-to-date balance sheet items due to the leasing business not involving any required adjustments[37] - The new leasing standards were not applicable for the company starting from 2021[37] - The report was released on October 27, 2021[37] - The company has not disclosed any specific financial performance metrics or user data in the report[37] - There are no mentions of future outlook or performance guidance in the report[37] - No new products or technologies were highlighted in the third quarter report[37] - The report does not indicate any market expansion or acquisition strategies[37] - There are no new strategic initiatives mentioned in the report[37] - The company has not provided any comparative data adjustments related to the new leasing standards[37]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,467,302,034.56, representing a 21.12% increase compared to ¥1,211,439,417.12 in the same period last year[23]. - The net profit attributable to shareholders was ¥90,089,836.77, a decrease of 42.62% from ¥157,001,639.88 year-on-year[23]. - The net cash flow from operating activities was -¥153,279,705.14, a decline of 261.70% compared to ¥94,794,085.33 in the previous year[23]. - Basic earnings per share decreased by 43.99% to ¥0.1315 from ¥0.2348 in the same period last year[23]. - The total assets at the end of the reporting period were ¥7,602,126,716.11, an increase of 1.80% from ¥7,467,679,779.44 at the end of the previous year[23]. - The net assets attributable to shareholders increased by 9.24% to ¥4,899,070,047.71 from ¥4,484,631,585.20 at the end of the previous year[23]. - The company's total operating costs amounted to ¥967,250,365.84, with a year-on-year increase of 26.77%[97]. - The company's financial expenses increased by 56.52% to CNY 28,174,206.88, primarily due to higher bank loan interest expenses[93]. Business Strategy and Market Position - The company has been recognized as a top provider of comprehensive solutions and operational services in the smart China sector, achieving CMMI5 certification and inclusion in major indices such as the Shenzhen AI 50 Index and FTSE Russell Global Stock Index[30]. - The company's main business strategy focuses on three core markets: smart administrative regions/smart cities, smart defense, and smart spatiotemporal solutions, aiming to establish itself as a leading supplier and operator in the industry[30]. - The company emphasizes a technology development route of "independent control and domestic substitution," focusing on key technologies such as artificial intelligence, cloud computing, and big data[35]. - The company aims to enhance governance and service efficiency through data empowerment, focusing on high-quality regional digital economy development and improving public satisfaction[37]. - The company has established a comprehensive marketing advantage in the smart technology sector, with notable project achievements including a CNY 667 million smart city project in Guizhou Province[86]. Research and Development - The company has established five R&D centers in Beijing, Wuhu, Xi'an, Chengdu, and Changsha, focusing on key technologies such as artificial intelligence, cloud computing, big data, and IoT, with a high application ratio of over 60% for self-developed hardware and 90% for software products[69][70]. - The company has been recognized as a national high-tech enterprise and has obtained 407 valid patents, including 106 invention patents, demonstrating its strong innovation capabilities[74][71]. - The company has launched four new products, including cloud storage nodes and a big data application platform, which have been included in the 2020 China Brand Day promotion directory, showcasing its strong R&D capabilities[64]. Corporate Governance and Social Responsibility - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure transparent communication with investors[126]. - The company maintains a commitment to social responsibility, integrating economic development with environmental protection and energy conservation efforts[125]. - The company donated RMB 200,000 to support disaster relief efforts in Henan province due to severe flooding[131]. - The company actively participated in pandemic prevention efforts, utilizing big data and AI technology to support public safety departments[129]. Risks and Challenges - The company faces risks related to policy and market competition, particularly in its smart city and new generation communication businesses, which are heavily influenced by national policies[114]. - The company acknowledges the potential management risks associated with its ongoing scale expansion, which may impact operational efficiency and resource allocation[116]. Shareholder Actions and Capital Structure - The controlling shareholder, Mr. Qu Honggui, and his action-in-concert party plan to reduce their holdings by up to 13,830,000 shares, representing 2% of the total share capital, within six months starting from May 12, 2021[171]. - The company completed a non-public offering of 48,604,986 shares at a price of 6.81 yuan per share, raising a total of 330.99 million yuan[163]. - The company plans to distribute profits amounting to no less than 30% of the average distributable profits achieved over the next three years (2021-2023) if the company is profitable and cash flow allows[138]. Project Developments - The company won a public tender for the Phoenix County Smart City PPP project with a total bid amount of 2.01 billion CNY, establishing a joint venture for investment, construction, and operation[169]. - The Smart City project includes five key areas: basic resources, government services, urban governance, public welfare, and industry leadership, with 20 sub-projects planned[169]. - The project aims to enhance tourism services, governance capabilities, and public welfare through integrated smart solutions, including a comprehensive tourism service system[170].