证券代码：002502 证券简称：骅威股份 骅威科技股份有限公司投资者关系活动记录表 编号：HW-IR2016-01 | --- | --- | --- | |----------------|-------------------------|----------------------------------| | | | | | 投 资 者 关 系 | √ | 特定对象调研 □分析师会议 | | 活动类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参 与 单 位 名 | 安信证券 文浩、 | | | 称 及 人 员 姓 | 兴业全球 邹欣 | | | 名 | 广发证券 杨琳琳、沈明辉 | | | | 中泰证券 康雅雯 | | | | 朴易资产 陈俏宇 | | | | 汇丰证券 刘强 | | | | 领骥资本 刘延青 | | | | 国信证券 尹文伟、胡晓寒 | | | | 汇添富基金 胡听炜 | | | | 海通证券 王幽悠 | | | | 华创证券 傅一帆 | | | | 中 ...

证券代码：002502 证券简称：骅威文化 骅威文化股份有限公司投资者关系活动记录表 编号：HW-IR2016-03 | --- | --- | --- | |---------------------------|-------------------------|--------------------------------------------| | | | | | 投 资 者 关 系 | √ | 特定对象调研 □分析师会议 | | 活动类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参 与 单 位 名 | 广发证券 杨琳琳、饶小飞 | | | 称 及 人 员 姓 | 青沛资产 姚彦君 | | | 名 | 上海源阡资产 朱珠 | | | | 玖歌投资 陈凯 | | | | 拾贝投资 杨立 | | | | 信达澳银 刘维华 | | | | 上海合象资产 杨振永 | | | | 上海万吨资产 赵莹 | | | 时间 | 2016 年 5 月 12 | 日下午 1:30-3:00 ...

证券代码：002502 证券简称：骅威文化 骅威文化股份有限公司投资者关系活动记录表 编号：HW-IR2017-01 | --- | --- | --- | |----------------|---------------------------|----------------------------------| | | | | | 投 资 者 关 系 | √ | 特定对象调研 □分析师会议 | | 活动类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参 与 单 位 名 | 招商传媒 林起贤 | | | 称 及 人 员 姓 | 兴全基金 薛怡然 | | | 名 | 博时基金 张鑫、郭晓林 | | | | 长城基金 朱玮琳 | | | | 新沃基金 陈斌斌 | | | | 南方基金 张旭 | | | | 安信基金 叶芊 | | | | 信达澳银 刘维华 | | | | 中欧瑞博 宋伟 | | | | 大成基金 郭玮羚 | | | | 前海联合基金 熊钰、杨荣哲 | | | 时间 ...

证券代码：002502 证券简称：骅威文化 骅威文化股份有限公司投资者关系活动记录表 编号：HW-IR2018-01 | --- | --- | --- | |---------------------------|------------------------|----------------------------------------------------------------| | | | | | 投 资 者 关 系 | √ | 特定对象调研 □分析师会议 | | 活动类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参 与 单 位 名 | 嘉实基金 季文华 | | | 称 及 人 员 姓 名 | 信璞投资 李蕾、曾旒微 | | | | | | | 时间 | 2018 年 3 月 7 | 日下午 3:00-4:30 | | 地点 | | 骅威文化深圳办事处（深圳市罗湖区沿河北路 1002 号瑞思国际大 | | | 厦 A 座十三层） | | | 上 市 公 司 接 待人 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥232,169,865.94, representing a 2.75% increase compared to ¥225,946,458.58 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was -¥60,422,690.10, a significant decrease of 12,018.39% from ¥506,970.14 in the previous year[22]. - Basic and diluted earnings per share were both -¥0.0704, a decline of 11,833.33% from ¥0.0006 in the previous year[22]. - The company achieved operating revenue of CNY 232.17 million, a year-on-year increase of 2.75%[30]. - The net profit attributable to shareholders was a loss of CNY 60.42 million, a significant decline from the previous profit due to increased management expenses[30]. - The company reported a net cash outflow from operating activities of CNY 103.26 million, a 29.74% improvement from the previous period[36]. - The company reported a total of CNY 101,681,965.28 in accounts payable, down from CNY 109,178,904.96[140]. - The company reported a total comprehensive income attributable to the parent company of -60,513,371.44 CNY, compared to 8,010,281.18 CNY in the first half of 2021[149]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,549,604,599.36, a slight decrease of 0.15% from ¥2,553,516,203.16 at the end of the previous year[22]. - The company's cash and cash equivalents decreased to approximately ¥60.95 million, down 4.43% from ¥174.22 million at the end of the previous year[45]. - Accounts receivable increased to approximately ¥171.76 million, representing 6.74% of total assets, up from 5.58% the previous year[45]. - Inventory rose to approximately ¥96.53 million, accounting for 3.79% of total assets, an increase attributed to higher production costs in film and titanium mining[45]. - The total assets of the company amounted to 8.4 billion yuan, with a slight increase of 0.1% compared to the end of 2021[162]. - Total liabilities increased to CNY 811,166,168.18 from CNY 788,201,948.92, reflecting a rise of approximately 2.0%[145]. Operational Costs and Expenses - Total operating costs increased to CNY 283,320,823.01 from CNY 226,132,035.57, indicating a rise of about 25.3%[147]. - Management expenses surged by 189.19% to CNY 95.52 million, largely due to stock incentive plan costs[36]. - The company reported a significant increase in management expenses, which rose to CNY 95,515,086.08 from CNY 33,028,655.45, an increase of approximately 189.5%[148]. - Research and development expenses decreased by 12.63% to CNY 5.03 million[36]. Business Segments - The titanium ore business saw a revenue increase of 344.62%, contributing CNY 69.15 million to total revenue[39]. - The gaming business generated CNY 154.80 million, a decrease of 24.28% compared to the previous year, primarily due to the decline in profits from major game projects[39]. - The company's revenue from the cultural education and entertainment sector was approximately ¥160.21 million, a decrease of 23.18% compared to the same period last year[40]. - The black metal mining sector saw a revenue increase of 344.62%, reaching approximately ¥69.15 million, with a gross margin of 72.28%[40]. - Revenue from game development and operation was approximately ¥154.80 million, down 24.28% year-over-year, with a gross margin of 5.91%[40]. Cash Flow - The company reported a net cash flow from operating activities of -103,262,989.03 CNY, an improvement from -146,971,308.56 CNY in the previous year[154]. - The total cash inflow from investment activities was 12,940,916.63 yuan, while cash outflow was 88,111.00 yuan, resulting in a net cash flow of 12,852,805.63 yuan[157]. - The cash inflow from sales of goods and services was 85,758.00 yuan, a sharp decline from 738,450.00 yuan in the previous year[156]. Strategic Plans and Risks - The company has outlined potential risks and corresponding measures in the report, emphasizing the importance of risk awareness for investors[4]. - The management has indicated that future business plans and industry trends are subject to change and do not constitute a substantive commitment to investors[4]. - The company is focusing on integrating titanium resources and building production lines to achieve large-scale production of titanium concentrate, aiming for stable external supply[61]. - The company faces risks related to policy changes affecting the titanium mining industry, which could impact project construction and production timelines[60]. - The company is actively monitoring policy changes and regulatory requirements to ensure compliance and facilitate smooth operations[66]. Shareholder Information - The total number of shareholders at the end of the reporting period is 34,068[123]. - The top 10 shareholders include Hangzhou Dinglong Enterprise Management Co., Ltd. with 12.86% ownership (118,290,557 shares) and Guo Xiangbin with 10.71% ownership (98,563,119 shares)[124]. - The report highlights that the company has a significant concentration of ownership among its top shareholders, with the top three holding over 27% of total shares[124]. Corporate Governance - The company appointed a new CFO, Fang Fang, on January 7, 2022, following the resignation of the previous CFO[107]. - The semi-annual financial report was not audited, which may affect the reliability of the financial data presented[137]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[129]. Research and Development - The company has allocated 2.2 million yuan for research and development in new technologies during this period[161]. - The R&D expenditure for new technologies was reported at 84.32 million yuan, indicating a commitment to innovation despite the overall decline in revenue[170]. Compliance and Legal Matters - There were no major litigation or arbitration matters during the reporting period[89]. - The company reported a total of 3,266.32 thousand yuan involved in non-major litigation matters, with no significant impact[90].

Financial Performance - The company's revenue for Q1 2022 was ¥129,678,544.16, representing a 12.52% increase compared to ¥115,247,903.60 in the same period last year[4] - The net profit attributable to shareholders was -¥11,207,953.54, a significant decline of 604.95% from -¥1,589,901.61 year-over-year[4] - Total operating revenue for Q1 2022 was CNY 129,678,544.16, an increase from CNY 115,247,903.60 in the previous period[20] - Net profit for Q1 2022 was a loss of CNY 3,867,103.69, slightly improved from a loss of CNY 3,955,314.15 in the previous period[22] - The total equity attributable to shareholders of the parent company was CNY 1,317,483,396.06, down from CNY 1,326,711,463.69 in the previous period[21] - Basic earnings per share for Q1 2022 were CNY -0.0131, compared to CNY -0.0019 in the previous period[22] Cash Flow and Liquidity - The net cash flow from operating activities improved by 35.53%, reaching -¥73,296,144.81 compared to -¥113,692,492.31 in the previous year[4] - The net cash flow from investment activities was -36,519,546.74, a decrease from -89,173,799.49 in the previous period[25] - Cash inflow from financing activities totaled 34,000,000.00, with a net cash flow of 21,745,237.43 after outflows[25] - The ending balance of cash and cash equivalents was 72,667,401.27, down from 193,634,556.89 at the beginning of the period[25] - The net increase in cash and cash equivalents was -88,162,420.13, reflecting a significant decrease in liquidity[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,569,184,105.22, a slight increase of 0.61% from ¥2,553,516,203.16 at the end of the previous year[4] - The company reported a total liability of CNY 559,873,455.07, an increase from CNY 552,666,703.44 in the previous period[21] - The company reported a total current liabilities of RMB 274,620,640.09, compared to RMB 261,456,308.22 at the beginning of the year, marking an increase of about 5.1%[17] - The total non-current assets were reported at RMB 1,777,877,093.33, a slight decrease from RMB 1,790,864,674.19 at the beginning of the year[17] Operational Metrics - The company's cash and cash equivalents decreased by 45.52% to ¥94,919,478.40, primarily due to increased operational expenditures in the gaming sector and investments in titanium mine production[7] - Accounts receivable increased by 16.40% to ¥165,792,662.17, mainly due to higher receivables from the titanium business[7] - Inventory rose by 43.53% to ¥88,482,771.18, attributed to increased production costs for film and television projects[7] - The company reported a significant increase in management expenses by 126.72%, totaling ¥37,894,252.92, mainly due to increased stock incentive amortization[8] - The company experienced a 100% increase in short-term borrowings, amounting to ¥34,000,000.00, indicating a rise in short-term financing needs[7] Corporate Governance and Regulatory Issues - The company appointed Fang Fang as the new CFO following the resignation of the previous CFO, with the appointment effective from January 7, 2022[12] - The company is currently addressing regulatory issues as per the administrative measures decided by the Guangdong Securities Regulatory Bureau[13] - The company has not disclosed any new product developments or market expansion strategies in the current report[12]

Financial Performance - Dinglong Culture Co., Ltd. reported a significant decline in revenue, with total revenue for 2020 at approximately 500 million RMB, representing a decrease of 25% compared to 2019[13]. - The company reported a net loss of approximately 100 million RMB for the year, highlighting challenges in operational efficiency and market competition[13]. - The company's operating revenue for 2020 was ¥444,625,128.24, a decrease of 58.19% compared to ¥1,063,520,539.53 in 2019[19]. - The net profit attributable to shareholders in 2020 was ¥33,545,116.60, a significant turnaround from a loss of ¥839,156,390.79 in 2019, representing a 104.00% increase[19]. - The company achieved a revenue of 444.63 million yuan, a year-on-year decrease of 58.19%, primarily due to reduced income from the film and trade businesses[59]. - The company reported a gross margin of 36.32% for the gaming segment, down 36.74% from the previous year[72]. - The company reported a significant increase in revenue from titanium iron concentrate, with sales reaching ¥15,375,914.04, marking a 100% increase from zero in 2019[69]. - The company reported a net profit of approximately 27.2 million, indicating a stable performance in the financial year[102]. Strategic Focus and Business Development - The company plans to enhance its market presence through strategic partnerships and potential acquisitions in the cultural and entertainment sectors[5]. - Dinglong Culture aims to invest in new product development, particularly in the gaming sector, to capture a larger share of the growing digital entertainment market[5]. - The company has diversified its main business into titanium ore, gaming, and film industries, with titanium ore becoming the core focus for future development[29]. - The company is actively developing a new drama titled "Truth," which is expected to enhance its brand image in the film industry[29]. - The company plans to launch several new gaming projects in 2021, including "Manzhan Wushuang" and "Rudream Xia Xianyue" among others[118]. - The company will maintain its existing gaming and film businesses as beneficial supplements to its core titanium mining operations[111]. Market Conditions and Industry Trends - The global titanium ore market is dominated by a few major players, leading to an oligopolistic market structure[32]. - China's titanium resources are abundant, but the country relies heavily on imports for high-grade titanium, indicating a supply-demand imbalance[34]. - The price of domestic titanium concentrate has increased significantly, rising from 1,300 RMB/ton in early 2020 to 2,400 RMB/ton by April 2021, marking an increase of over 80%[34]. - The gaming industry in China experienced a 20.71% increase in actual sales revenue, reaching approximately 278.7 billion in 2020[106]. - Mobile gaming revenue surged by 32.61%, accounting for 75.24% of the total gaming market revenue[106]. Operational Efficiency and Challenges - User engagement metrics for the company's gaming products showed a decline, with active users dropping by 30% year-over-year, necessitating a reevaluation of marketing strategies[5]. - The company is exploring new technologies in game development to improve user experience and retention rates, aiming to leverage advancements in mobile gaming[5]. - The company is committed to improving its financial health and operational performance through cost-cutting measures and restructuring initiatives[5]. - Rising production costs in the film and gaming sectors are a concern, prompting the company to optimize resource allocation and cost control measures[132]. Environmental and Social Responsibility - The company emphasizes ecological restoration and green mining practices in its operations, aiming to create a sustainable mining environment[116]. - The company has received government authorization for mine restoration and environmental governance, supporting sustainable development in its titanium business[44]. - The company is not classified as a key pollutant discharge unit by environmental protection authorities[185]. Financial Management and Investments - The company completed a capital increase of 540 million yuan to gain a 51% stake in Zhongtai Technology, positioning titanium mining as a core business direction[59]. - The company has increased its fixed assets and intangible assets due to the consolidation of its subsidiary, Zhongtai Technology, which has positively impacted its financial position[45]. - The company reported a net increase in cash and cash equivalents of ¥200,413,443.17, a turnaround from a net decrease of ¥264,215,137.42 in the previous year, primarily due to the recovery of large receivables from the film and television business[85]. - The company has made several acquisitions in the titanium mining sector, which are expected to positively impact future operations and performance[103]. Compliance and Governance - The company has a commitment to avoid conflicts of interest and ensure that related parties do not improperly benefit from their position[143]. - The company has established a strategy to ensure compliance with performance commitments and reduce related party transactions[149]. - The company has not conducted any research, communication, or interview activities during the reporting period[133]. - The company has not distributed cash dividends for the years 2018, 2019, and 2020, with proposed plans for no cash dividends, stock bonuses, or capital reserve transfers[139][141][142].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan in 2021, representing a year-on-year growth of 15%[15]. - The company's operating revenue for 2021 was CNY 653,868,929.95, representing a 47.06% increase compared to CNY 444,625,128.24 in 2020[21]. - The net profit attributable to shareholders decreased by 87.19% to CNY 4,295,843.55 from CNY 33,545,116.6 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY -81,361,402, a decline of 411.06% compared to CNY 26,155,942.3 in 2020[21]. - The cash flow from operating activities was CNY -106,434,739, down 166.14% from CNY 160,919,705 in 2020[21]. - The total assets at the end of 2021 were CNY 2,553,516,203, an increase of 14.29% from CNY 2,234,190,124 at the end of 2020[21]. - The basic earnings per share decreased by 87.18% to CNY 0.0050 from CNY 0.0390 in 2020[21]. - The company reported a significant non-recurring gain of CNY 85,657,245.95 in 2021, compared to CNY 7,389,174.29 in 2020[29]. - The company achieved operating revenue of CNY 653.87 million, a year-on-year increase of 47.06%[55]. - The net profit attributable to shareholders decreased by 87.19% to CNY 4.30 million due to increased costs and lower production efficiency[55]. - The company’s total assets grew by 13.40% to CNY 2.55 billion, while equity attributable to shareholders decreased by 0.65%[55]. Market Expansion and Strategy - The company has outlined its future outlook, projecting a revenue growth of 10-15% for 2022, driven by new product launches and market expansion strategies[15]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[15]. - The company is actively pursuing partnerships with international firms to enhance its product offerings and expand its global reach[15]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[145]. - A strategic acquisition of a local competitor was completed, expected to enhance the company's market position and increase overall revenue by 5%[143]. - The company aims to become one of the main suppliers of titanium concentrate in China, contributing to the sustainable development of the titanium industry[38]. Research and Development - Investment in new technologies and product development has increased by 25%, with a focus on enhancing digital gaming experiences[15]. - The company has invested 200 million RMB in R&D for new technologies in the past year[138]. - The company has developed proprietary technologies for titanium ore extraction and tailings management, enhancing resource recovery rates[54]. - The company completed several key R&D projects, including a game project and various titanium ore processing technologies, which are expected to positively impact future development[70]. - R&D investment amounted to ¥15.08 million, representing 2.31% of operating revenue, down from 4.27% the previous year[73]. Environmental and Sustainability Practices - The company’s titanium iron sand mining process is environmentally friendly, utilizing physical separation methods with minimal pollution[41]. - The company has developed environmentally friendly and energy-efficient titanium ore mining processes, significantly reducing energy consumption during extraction[186]. - The company emphasizes a commitment to green development and sustainable practices, aligning with local ecological protection requirements[186]. - The company has implemented measures to collect and treat wastewater generated during mining, utilizing physical and biological purification technologies[184]. Corporate Governance and Management - The company has established a mature shareholder meeting mechanism, holding three shareholder meetings during the reporting period, ensuring equal rights for all shareholders[118]. - The company maintains an independent governance structure, with no interference from controlling shareholders in decision-making or operational activities[121]. - The company has a complete and independent business structure, managing its production and sales activities autonomously without reliance on controlling shareholders[121]. - The company has established an independent financial accounting department and internal audit department, ensuring independent financial decision-making[122]. - The company emphasizes accurate and timely information disclosure, ensuring no false records or misleading statements during the reporting period[120]. - The company is focused on expanding its market presence and enhancing its product offerings through strategic management changes[130]. - The company has a strong emphasis on corporate governance, as evidenced by the recent changes in its supervisory board[130]. Financial Commitments and Performance - The net profit commitment for Zhongtai Technology from 2020 to 2024 is set at no less than 12 million, 150 million, 300 million, 500 million, and 550 million yuan respectively[191]. - The performance commitment for Xundian Jinlin Titanium Mine Co., Ltd. from 2021 to 2023 is set at no less than 10 million, 15 million, and 20 million yuan respectively[192]. - Zhongtai Resources is required to pay performance compensation in cash if any year's performance commitment is not met within 15 working days after the audit report is issued[191]. - The company is focused on compliance with performance commitments and has established a clear timeline for addressing any shortfalls[191]. Challenges and Risks - The management has identified potential risks in the market, including regulatory changes and competition, and has developed strategies to mitigate these risks[5]. - The company faces risks related to policy changes affecting the titanium mining sector, which could impact project approvals and operational timelines[105]. - Fluctuations in titanium concentrate prices pose a risk to profit margins, prompting the company to establish stable supply relationships and pricing mechanisms[106]. - The gaming industry has entered a stage of stock competition, increasing demands for product quality and operational methods, which may lead to significant uncertainty in the company's performance[112]. - Rising costs in film production, including quality IP, scripts, and post-production, are pushing up overall operational costs, while the domestic gaming market's shift to stock consumption is increasing R&D and marketing expenses[113].

Financial Performance - The company's operating revenue for Q1 2022 was ¥129,678,544.16, representing a 12.52% increase compared to ¥115,247,903.60 in the same period last year[4] - The net profit attributable to shareholders was -¥11,207,953.54, a significant decline of 604.95% from -¥1,589,901.61 in the previous year[4] - The net cash flow from operating activities improved by 43.38%, reaching -¥64,373,049.38 compared to -¥113,692,492.31 in the prior year[4] - Total operating revenue for Q1 2022 was CNY 129,678,544.16, an increase of 12.5% compared to CNY 115,247,903.60 in Q1 2021[22] - Total operating costs for Q1 2022 were CNY 132,643,171.28, up from CNY 119,658,898.87 in the same period last year, reflecting a rise of 10.5%[22] - Net loss for Q1 2022 was CNY 3,867,103.69, slightly improved from a net loss of CNY 3,955,314.15 in Q1 2021[23] - The company reported a loss attributable to the parent company of CNY 11,207,953.54 for Q1 2022, compared to a loss of CNY 1,589,901.61 in Q1 2021[23] - Basic earnings per share for Q1 2022 was -0.0131, compared to -0.0019 in Q1 2021[24] Cash Flow and Investments - Cash inflow from operating activities for Q1 2022 was CNY 174,326,929.42, an increase from CNY 132,721,587.29 in Q1 2021[25] - Cash paid for goods and services in Q1 2022 was CNY 140,563,319.18, down from CNY 165,356,477.57 in the previous year[25] - The net cash flow from operating activities was -64,373,049.38, an improvement from -113,692,492.31 in the previous year[27] - Total cash outflow from investing activities was 38,743,466.20, compared to 92,432,811.41 in the same period last year[27] - The net cash flow from investing activities was -26,578,747.55, an improvement from -89,173,799.49 year-over-year[27] - Cash inflow from financing activities amounted to 34,000,000.00, with a net cash flow of 11,745,237.43 after outflows[27] - The ending balance of cash and cash equivalents was 81,531,295.89, down from 193,634,556.89 at the beginning of the period[28] - The total cash outflow from operating activities was 238,699,978.80, slightly lower than 246,414,079.60 in the previous year[27] - The company reported a decrease in cash and cash equivalents by 79,298,525.51 during the quarter[27] - The cash inflow from investment recovery was 12,091,718.65, significantly higher than 3,256,724.93 in the previous year[27] - The company paid 21,516,351.65 in other financing activities during the quarter[27] Assets and Liabilities - The company's total assets increased by 0.61% to ¥2,569,184,105.22 from ¥2,553,516,203.16 at the end of the previous year[5] - The company's cash and cash equivalents decreased by 45.52% to ¥94,919,478.40, primarily due to increased operational expenditures in the gaming sector and investments in titanium mine production[8] - Accounts receivable rose by 16.40% to ¥165,792,662.17, mainly due to increased receivables from the titanium business[8] - Inventory increased by 43.53% to ¥88,482,771.18, attributed to higher production costs for film and television projects[8] - The company reported a total current liabilities of RMB 98,109,779.83 in accounts payable, down from RMB 109,178,904.96, a decrease of about 10.0%[19] - The company has a total of 791,307,011.89 in current assets as of March 31, 2022, compared to 762,651,528.97 at the beginning of the year, marking an increase of approximately 3.4%[19] - The company’s total liabilities as of Q1 2022 were CNY 559,873,455.07, slightly up from CNY 552,666,703.44 in Q1 2021[22] - Total equity increased to CNY 2,009,310,650.15 in Q1 2022 from CNY 2,000,849,499.72 in Q1 2021[22] Management and Governance - The company appointed Fang Fang as the new CFO on January 7, 2022, following the resignation of the previous CFO[13] - The company is in the process of hiring a new CFO after the unfortunate passing of Fang Fang on March 21, 2022[14] - Dinglong Culture Co., Ltd. submitted a rectification report to the Guangdong Securities Regulatory Bureau in response to an administrative regulatory measure issued on December 20, 2021[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,156[11] - The largest shareholder, Hangzhou Dinglong Enterprise Management Co., Ltd., holds 12.86% of the shares, with 70,974,335 shares pledged[11]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥225,946,458.58, a decrease of 16.59% compared to ¥270,877,630.18 in the same period last year[21]. - The net profit attributable to shareholders was ¥506,970.14, representing a significant decline of 98.10% from ¥26,695,853.20 in the previous year[21]. - The net cash flow from operating activities was negative at ¥-146,971,308.56, a decrease of 174.56% compared to ¥197,123,847.99 in the same period last year[21]. - Basic earnings per share dropped to ¥0.0006, down 98.06% from ¥0.0310 in the previous year[21]. - Total revenue for the reporting period was ¥225,946,458.58, a decrease of 16.59% compared to ¥270,877,630.18 in the same period last year[36]. - The total profit for the first half of 2021 was ¥2,970,331.08, a decrease of 88.4% from ¥25,657,335.42 in the first half of 2020[145]. - The company reported a significant increase in tax expenses, with tax and additional fees amounting to ¥1,099,832.29 in the first half of 2021, compared to ¥274,353.35 in the same period last year[144]. - The company reported a net loss in retained earnings of CNY -1,203,632,931.86, slightly worsening from CNY -1,197,412,956.93[138]. - The company reported a net loss of approximately 12,166,400 for the first half of 2021, indicating a significant decline in profitability[172]. Assets and Liabilities - Total assets increased by 8.48% to ¥2,423,711,945.42 from ¥2,234,190,128.42 at the end of the previous year[21]. - The company’s cash and cash equivalents decreased to ¥180,365,568.26, down 10.63% from ¥409,637,257.61 at the end of the previous year[42]. - Inventory increased to ¥119,622,127.41, up 2.65% from ¥51,897,277.15, primarily due to increased production costs for film and television projects[42]. - The total amount of other receivables decreased to ¥76,268,307.69 from ¥83,461,662.85, showing a decline of about 8.6%[135]. - Total liabilities reached CNY 482,445,744.55, up from CNY 305,620,274.22, indicating a growth of around 57.8%[137]. - The company’s fixed assets increased significantly to CNY 99,971,801.10 from CNY 32,973,278.14, representing a growth of about 202.5%[136]. - Current liabilities rose significantly to CNY 213,329,685.74, compared to CNY 58,209,660.69, marking an increase of approximately 266.5%[137]. Investment and Cash Flow - The net cash outflow from investment activities was -163.52 million yuan, a decrease of 316.26% year-on-year, mainly due to increased investments in titanium production line construction[34]. - The total cash inflow from investment activities was 103,584,491.37 CNY, while cash outflow was 267,105,098.75 CNY[154]. - The company received 84,320,000.00 CNY from investment activities, indicating a focus on attracting new investments[154]. - The cash flow from financing activities was positive at 82,715,877.86 CNY, reflecting successful fundraising efforts[154]. - The company reported a significant decrease in cash flow from operating activities, with a drop of approximately 73% compared to the previous period[156]. Business Operations and Strategy - The company faced significant challenges in maintaining profitability, as evidenced by the drastic drop in net profit and cash flow from operations[21]. - Future strategies and risk management measures are detailed in the report, highlighting the company's awareness of potential market risks[5]. - The company is focusing on expanding its titanium ore business, aiming to achieve large-scale production and stable supply of titanium concentrate[57]. - The company is committed to improving the quality of its gaming products and film content to maintain a competitive edge in a rapidly changing market[65]. - The company plans to optimize management strategies and enhance decision-making efficiency to mitigate operational management risks associated with its expanding business[59]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company held its first extraordinary general meeting on February 2, 2021, with a participation rate of 29.40%[69]. - The company implemented a restricted stock incentive plan, granting 62 million shares at a price of 1.36 CNY per share[109]. - The total number of shares increased from 857,994,639 to 919,994,639 due to the stock incentive plan[110]. - The company has not reported any strategic acquisitions or new market expansions during the reporting period[118]. Compliance and Regulatory Matters - The company has not faced any administrative penalties for environmental issues during the reporting period[77]. - The company did not experience any major penalties or rectification situations during the reporting period[89]. - The financial report was approved by the board of directors on August 12, 2021[174]. - The company adheres to the relevant accounting standards, ensuring that the financial statements accurately reflect its financial position, operating results, and cash flows[179].