Financial Performance - The company achieved total revenue of CNY 1,263,810,627.31, representing a year-on-year increase of 53.36%[21] - Net profit attributable to shareholders reached CNY 57,481,194.77, a significant increase of 554.93% compared to the same period last year[21] - The net profit after deducting non-recurring gains and losses was CNY 55,292,309.29, up 389.57% year-on-year[21] - The company reported a basic earnings per share of CNY 0.10, compared to a loss of CNY 0.02 in the previous year, marking a 600.00% increase[21] - The weighted average return on equity was 4.06%, a recovery from -0.73% in the same period last year[21] - The company's total revenue for the reporting period reached ¥1,263,810,627.31, representing a year-on-year increase of 53.36% compared to ¥824,077,285.98 in the same period last year[43] - The revenue from the printing comprehensive services segment was ¥1,070,304,513.24, accounting for 84.69% of total revenue, with a year-on-year growth of 40.42%[46] - The technology education services segment generated ¥193,506,114.07, which is a significant increase of 212.80% from ¥61,862,936.88 in the previous year, now representing 15.00% of total revenue[46] - The gross profit margin for the technology education services segment improved to 38.26%, up by 39.17% year-on-year, indicating strong profitability growth[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,767,467,523.18, an increase of 10.56% from the end of the previous year[21] - The company's cash and cash equivalents at the end of the reporting period amounted to ¥235,794,581, representing 8.52% of total assets, a decrease of 7.42% compared to the previous period[51] - Accounts receivable increased to ¥621,354,877, accounting for 22.45% of total assets, up by 2.71% from the previous period[51] - Inventory reached ¥354,694,937, which is 12.82% of total assets, reflecting an increase of 2.51% compared to the previous period[51] - Short-term borrowings rose to ¥149,090,000, representing 5.39% of total liabilities, an increase of 2.22% from the previous period[51] - The company reported a total of ¥222,612,141 in contract liabilities, which is 8.04% of total liabilities, unchanged from the previous period[51] - Fixed assets were valued at ¥760,130,247, accounting for 27.47% of total assets, a slight decrease of 0.31% compared to the previous period[51] Cash Flow - The net cash flow from operating activities was negative at CNY -38,435,135.05, worsening by 205.21% compared to the previous year[21] - The operating cash flow net amount was -¥38,435,135.05, reflecting a 205.21% decline compared to -¥12,593,003.53 in the same period last year, primarily due to rising raw material costs[44] - The company reported a cash inflow from operating activities of CNY 1.13 billion, up from CNY 756.70 million in the first half of 2020[157] - The operating cash flow net amount was negative CNY 38.44 million, worsening from negative CNY 12.59 million in the same period last year[158] Strategic Initiatives - The company plans to focus on expanding its technology education business as a new profit growth point, alongside its traditional printing services[28] - The company aims to enhance its publishing service platform and standardize product operations to support its growth strategy[28] - The company is actively pursuing market expansion in the technology education sector, leveraging national policies that support STEM education[34] - The company has established a strategic partnership with Shanghai SenseTime Technology Co., Ltd. to enhance its AI education offerings, focusing on product procurement, teacher training, and curriculum development[37] - The company aims to integrate its online and offline educational services through the OMO2.0 teaching service platform, enhancing its market competitiveness[36] Environmental Responsibility - The company has a total of 8 sets of VOCs treatment facilities with a combined capacity of 80,000 cubic meters per hour, and 1 set of industrial wastewater treatment facilities[83] - The company reported a total VOCs emission of 10.43 tons from its printing operations, with a concentration of 1.06 mg/m³[81] - The company has established emergency response plans for environmental incidents, which have been filed with local environmental protection departments[84] - The company emphasizes social responsibility by enhancing employee welfare and maintaining transparent communication with investors[85] - The company has implemented a green printing strategy, focusing on energy conservation and emission reduction[85] Challenges and Risks - The company faced risks from raw material price fluctuations, which significantly impact operational stability, particularly in the context of the "double reduction policy" affecting K12 educational institutions[63] - The company is actively monitoring the production capacity of key material suppliers to mitigate the impact of raw material price volatility[63] Employee Incentives - The company has a structured stock incentive plan in place, with a total of 3,282,680 restricted shares granted to eligible employees at a price of 9.485 CNY per share[71] - The company plans to repurchase and cancel a total of 1,988,366 restricted stocks granted to 116 incentive objects due to significant changes in the macroeconomic and market environment, which have affected the stock price[74] - The company will also repurchase and cancel 166,116 restricted stocks from 27 incentive objects who have left the company[74] - The company’s stock price has experienced significant fluctuations, impacting the effectiveness of the incentive plans[74] - The company is focused on ensuring that incentive plans effectively motivate employees and align with overall company performance[77] Corporate Governance - The company did not distribute cash dividends or issue bonus shares for the reporting period, indicating a focus on retaining earnings for future investments[6] - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[90] - There were no violations of external guarantees during the reporting period[93] - The company has not experienced any bankruptcy reorganization matters during the reporting period[95] - The financial report for the first half of 2021 was not audited[138] Market Position - The company is the only publicly listed firm in China primarily engaged in publishing and printing services, recognized as a key enterprise for publishing services in Beijing[30] - The company has established eight production bases across Beijing, Shanghai, Hebei, and Tianjin, enhancing its comprehensive service capabilities in the printing industry[39] - The company maintains strong long-term partnerships with numerous well-known publishers, enhancing its brand influence in the industry[39] - The management team possesses extensive experience in the printing and technology education sectors, contributing to the company's strategic growth and operational efficiency[41]

Financial Performance - The company's revenue for Q1 2021 was ¥619,078,445.32, representing a 71.39% increase compared to ¥361,200,406.48 in the same period last year[8]. - Net profit attributable to shareholders was ¥23,679,443.24, a significant turnaround from a loss of ¥26,231,041.89 in the previous year, marking a 190.27% improvement[8]. - The net profit after deducting non-recurring gains and losses was ¥22,046,992.77, compared to a loss of ¥28,009,863.56 last year, reflecting a 178.71% increase[8]. - Basic earnings per share increased to ¥0.04 from a loss of ¥0.05, representing an improvement of 180.00%[8]. - The net profit for Q1 2021 was ¥26,741,556.06, a turnaround from a net loss of ¥27,874,597.76 in the previous year[44]. - The company reported a total comprehensive income of ¥27,475,488.36, compared to a loss of ¥32,307,265.27 in the previous year[45]. - Total comprehensive income for the first quarter was CNY 13,523,704.30, compared to CNY 9,066,979.16 in the previous year, representing an increase of approximately 49.5%[49]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,613,598,670.67, up 4.42% from ¥2,503,040,217.14 at the end of the previous year[8]. - Total liabilities increased to CNY 1,248,859,891.78 from CNY 1,114,367,962.49, indicating a rise of 12.1%[36]. - The total liabilities increased to ¥980,514,081.39 from ¥739,246,634.15, reflecting a growth of 32.6%[43]. - The total owner's equity decreased to CNY 1,364,738,778.89 from CNY 1,388,672,254.65, a decline of 1.7%[37]. Cash Flow - The net cash flow from operating activities was negative at -¥72,338,954.73, worsening by 41.10% compared to -¥51,267,425.19 in the previous year[8]. - Operating cash inflow for the period was CNY 484,076,358.20, up from CNY 306,141,576.35 in the previous year, indicating a growth of about 58.0%[52]. - Cash outflow from investing activities totaled CNY 56,651,932.41, compared to CNY 25,960,731.57 in the previous year, reflecting an increase of approximately 118.5%[52]. - Cash flow from financing activities resulted in a net outflow of CNY 7,173,451.56, slightly improved from negative CNY 8,893,578.19 in the previous year[53]. - The ending balance of cash and cash equivalents was CNY 123,229,220.71, down from CNY 215,412,800.78 year-over-year, a decrease of about 42.8%[53]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,112, with the top shareholder holding 22.72% of the shares[12]. - The company repurchased a total of 13,679,320 shares during the reporting period, with a total transaction amount of CNY 49,116,045.50, at prices ranging from CNY 3.38 to CNY 3.83 per share[18]. Operational Highlights - Revenue for the reporting period increased by CNY 257.87 million, a growth of 71.39%, as the company resumed operations and actively expanded its market presence after the pandemic[17]. - Research and development expenses rose by CNY 2.71 million, an increase of 44.14%, reflecting the company's commitment to enhancing R&D investments[17]. - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[39]. - The financial performance indicates a positive trend, with a focus on improving operational efficiency and cost management strategies moving forward[44]. Inventory and Receivables - Inventory increased by CNY 93.17 million, a rise of 36.10%, as the company increased raw material purchases to mitigate rising operational costs[17]. - Accounts receivable rose to CNY 605,819,402.43, a significant increase of 22.6% compared to CNY 494,056,604.27 in the previous period[34]. - Accounts receivable financing increased by CNY 3.41 million, a rise of 73.04%, attributed to an increase in received bills during the reporting period[17].

Financial Performance - The company's operating revenue for 2020 was CNY 2,040,221,645.34, representing a 4.48% increase compared to CNY 1,952,689,690.49 in 2019[18]. - The net profit attributable to shareholders was a loss of CNY 346,267,932.20, a decrease of 345.03% from a profit of CNY 141,314,343.05 in 2019[18]. - The net cash flow from operating activities was CNY 310,406,910.19, showing a slight decrease of 0.22% compared to CNY 311,089,816.03 in 2019[18]. - The total assets at the end of 2020 were CNY 2,503,040,217.14, down 6.23% from CNY 2,669,329,668.88 at the end of 2019[18]. - The net assets attributable to shareholders decreased by 20.46% to CNY 1,384,871,520.44 from CNY 1,741,094,842.43 in 2019[18]. - The basic earnings per share for 2020 was -CNY 0.63, a decline of 342.31% from CNY 0.26 in 2019[18]. - The company reported a quarterly revenue of CNY 587,453,079.32 in Q4 2020, following revenues of CNY 361,200,406.48 in Q1, CNY 462,876,879.50 in Q2, and CNY 628,691,280.04 in Q3[22]. - The company experienced a significant loss in Q4 2020, with a net profit attributable to shareholders of -CNY 369,919,999.24[22]. - The total revenue for 2020 was approximately ¥2.04 billion, representing a 4.48% increase from ¥1.95 billion in 2019[47]. - The publishing comprehensive service segment generated ¥1.81 billion, accounting for 88.50% of total revenue, with an 11.30% year-over-year growth[47]. - The education training business saw a significant decline, with revenue of ¥234.63 million, down 29.00% from ¥330.47 million in 2019[47]. Investments and Projects - The company increased its construction in progress by 41.92 million yuan, marking a growth of 230.66%, primarily due to the development of the Tianjin smart factory[30]. - The company launched the "Publishing Service Cloud Platform" to enhance production efficiency and reduce costs through digital technology[36]. - The company invested in Tianjin Xinhua Printing Co., holding a 49% stake, which has shown improved operational efficiency after management intervention[37]. - The government subsidies recognized in 2020 amounted to 138.42 million yuan, an increase from 99.25 million yuan in 2019[24]. - The company signed a share transfer agreement to acquire 99% of Beijing Geek Haima Education Technology Co., with an investment of ¥1.98 million[54]. - The company invested 15 million yuan to acquire 60% of Hangzhou Que Di Chuang Xiang Technology Co., Ltd. in November 2020, with the first payment of 5 million yuan made on November 26, 2020[111]. - The "Publishing Service Cloud Platform Project" has achieved 50.69% of its investment progress, with RMB 6.10 million invested as of December 31, 2020[77]. - The company plans to reduce the investment in the publication management platform by RMB 40 million and redirect these funds to digital printing equipment[77]. Education and Training Services - The company’s education training services focus on developing youth skills in robotics, with a comprehensive curriculum catering to various age groups[29]. - The company operates both direct and franchise models for its education services, expanding rapidly in major cities and suburban areas[33]. - The company established the Smart Education Group to integrate its educational resources and improve operational efficiency during the pandemic[41]. - The company has focused on developing a comprehensive curriculum, including a one-stop course system for robotics and programming, to enhance its educational services[42]. - The company is expanding its education and training business by investing in OMO platform development, talent acquisition, and teaching services[89]. - The launch of the "LeBo Online" teaching platform integrates online and offline learning, enhancing student engagement and reducing operational costs for physical locations[90]. - A national talent supply and training system is being established to support the company's expansion plans and ensure a steady flow of qualified personnel[91]. Operational Efficiency and Technology - The company has implemented five technological innovations, including a semi-finished product positioning system, to enhance automation and reduce labor costs[38]. - The Tianjin intelligent factory project, covering 150 acres and nearly 100,000 square meters, aims to elevate the company's smart printing manufacturing capabilities[38]. - The company is enhancing its digital production capabilities and investing in automation and intelligent technologies to improve operational efficiency and customer value[87]. - The establishment of a smart factory in Tianjin aims to automate and standardize production processes, significantly reducing labor costs and improving economic efficiency[88]. - The company aims to enhance customer satisfaction and improve the level of intelligent printing, aligning with the national trend towards digitalization and automation in the printing industry[85]. Financial Management and Shareholder Relations - The company raised a total of RMB 399.47 million by issuing 15,311,227 shares at RMB 26.09 per share for the acquisition of 92.90% of Beijing Lebo Education Technology Co., Ltd.[75]. - The company temporarily used RMB 40 million of idle funds to supplement working capital in January 2020 and returned the same amount in December 2020[75]. - The company has not experienced any significant changes in the feasibility of its projects[77]. - The company confirmed that all commitments made to minority shareholders were fulfilled on time[106]. - The company held 3 shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and enhancing participation through online voting and independent director solicitation[198]. - The board of directors adhered to regulations and fulfilled their duties diligently, contributing to improved corporate governance and decision-making processes[198]. - The supervisory board effectively monitored major operational matters and financial conditions, safeguarding the rights of the company and all shareholders[199]. - The company established a transparent information disclosure system, ensuring timely and accurate communication with shareholders through designated media[199]. Governance and Compliance - The company did not face any delisting risks following the annual report disclosure[113]. - The company maintained a continuous relationship with its auditing firm, which has provided services for 8 years, with a fee of 1.35 million yuan for the current period[112]. - The company did not engage in any related party transactions during the reporting period, including asset or equity acquisitions, joint investments, or debt transactions[125][126][127][128][129]. - The company has not reported any significant contracts or leasing arrangements during the reporting period[130][131][132]. - The company has not provided any guarantees to shareholders, actual controllers, or related parties during the reporting period[135]. - The company’s stock option incentive plan has undergone revisions to align performance targets with the profitability of its subsidiary, Zhongming Digital[123]. - The company’s stock option incentive plan has been adjusted to reflect the performance of 83 remaining incentive targets after the cancellation of options for departed employees[123]. - The company’s stock option incentive plan is subject to the regulations of the listed company equity incentive management measures[124]. Employee and Management Structure - The total number of employees in the company is 2,630, with 703 in the parent company and 1,927 in major subsidiaries[192]. - The company has a total compensation of 739.88 million yuan for directors and senior management during the reporting period[191]. - The company has 823 production personnel, 339 sales personnel, and 230 technical personnel among its workforce[192]. - The number of employees with a bachelor's degree or above is 798, while those with a college diploma is 866[193]. - The company emphasizes talent development through the establishment of the Shengtong Academy to train key personnel[195]. - The company has implemented a performance-based compensation mechanism linked to key performance indicators (KPIs)[194]. - The company has a diverse board with members holding various professional backgrounds, including finance, management, and engineering[180][181][182][183][184]. - The company is focused on strategic development and has appointed experienced professionals in key management positions to enhance its operational efficiency[180][181][182][183][184]. Market and Competitive Landscape - The company faces risks from raw material price fluctuations, which significantly impact operational stability, and is implementing centralized procurement strategies to mitigate these risks[95]. - The competitive landscape in the publishing services industry is intensifying, prompting the company to invest in technology and automation to maintain its competitive edge[96]. - The children's programming education market is rapidly growing, supported by government policies promoting programming education in schools[86].

北京盛通印刷股份有限公司 2020 年第三季度报告全文 北京盛通印刷股份有限公司 2020 年第三季度报告 2020 年 10 月 1 北京盛通印刷股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人栗延秋、主管会计工作负责人许菊平及会计机构负责人(会计主 管人员)许菊平声明：保证季度报告中财务报表的真实、准确、完整。 2 北京盛通印刷股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 2,843,708,985.95 | | 2,669,329,668.88 | 6.53% | | 归属于上市公司股东的净资产 | 1,768,805,79 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥824,077,285.98, representing a decrease of 5.57% compared to ¥872,714,134.70 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was a loss of ¥12,635,096.55, a decline of 126.61% from a profit of ¥47,481,549.22 in the previous year[18]. - The net cash flow from operating activities was a negative ¥12,593,003.53, down 111.61% from ¥108,469,084.98 in the same period last year[18]. - The basic earnings per share were -¥0.02, compared to ¥0.15 in the same period last year, reflecting a decrease of 113.33%[18]. - The company's total revenue for the reporting period was 824.08 million yuan, a year-on-year decrease of 5.57%[34]. - Net profit for the period was -15.57 million yuan, representing a year-on-year decline of 131.82%[34]. - The company's operating costs increased by 2.96% to ¥701.31 million from ¥681.12 million year-on-year[39]. - The education training business revenue dropped significantly by 49.49% to ¥61.86 million, down from ¥122.48 million in the previous year, primarily due to the impact of the COVID-19 pandemic[41]. - The gross profit margin for the publishing comprehensive service segment was 16.18%, a decrease of 2.09% compared to the previous year[43]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,644,447,069.14, a decrease of 0.93% from ¥2,669,329,668.88 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were ¥1,734,167,734.86, down 0.40% from ¥1,741,094,842.43 at the end of the previous year[18]. - The company's current assets decreased to RMB 1,138,202,523.07 from RMB 1,223,520,778.22 at the end of 2019, reflecting a decline of approximately 6.96%[143]. - Total liabilities decreased to RMB 885,215,518.63 from RMB 900,170,509.28, a reduction of about 1.9%[144]. - The company's short-term borrowings increased to RMB 35,200,000.00 from RMB 30,300,000.00, an increase of approximately 16.5%[144]. Cash Flow - The net cash flow from operating activities was negative at -¥12.59 million, a decline of 111.61% compared to ¥108.47 million in the previous year[39]. - The company's cash and cash equivalents decreased by 488.97% to -¥149.36 million, reflecting reduced cash flow from operating and investing activities[39]. - Total cash inflow from operating activities was ¥621,590,945.78, while total cash outflow was ¥601,226,316.68, resulting in a net cash flow of ¥20,364,629.10[164]. - Cash inflow from investment activities was ¥10,861,830.46, a significant decrease from ¥29,451,182.93 in the previous year, leading to a net cash outflow of ¥29,905,438.29[164]. - The ending balance of cash and cash equivalents was ¥72,971,767.47, a decrease from ¥92,650,839.36 at the end of the previous year[164]. Strategic Initiatives - The company aims to expand its direct stores to approximately 170 by the end of the year and increase franchise stores to around 360, totaling over 500 stores[36]. - The company has established a comprehensive education service system, including over 400 robot programming learning centers and several online programming enterprises[36]. - The company is advancing the "Publishing Service Cloud Platform" project to streamline the publishing process and improve efficiency[35]. - The company made strategic investments in leading online children's programming companies, enhancing its competitive edge in the education training sector[37]. - The company also acquired a controlling stake in a regional leader in children's robotics programming in Zhejiang Province, aiming to increase market share in a region with high recognition of programming education[37]. Risks and Challenges - The company faces various operational risks and has outlined corresponding countermeasures in the report[4]. - The company is facing risks from macroeconomic fluctuations and competition in the education training sector, prompting it to strengthen customer communication and optimize its OMO education business model[74][75]. - The publishing service market is highly competitive, leading the company to invest in platform construction and automation to improve service capabilities and operational efficiency[75]. Shareholder and Equity Information - The company decided to terminate the 2017 restricted stock incentive plan and repurchase a total of 2,154,482 shares of restricted stock from 143 incentive recipients, including those who have left the company[90]. - The company approved the unlocking of 2,261,581 shares of restricted stock for 148 incentive recipients, following the completion of the 2018 annual equity distribution[89]. - The total number of ordinary shareholders at the end of the reporting period was 16,785[123]. - The largest shareholder, Li Yanqiu, held 22.71% of the shares, totaling 124,498,098 shares[123]. - The total number of shares held by the top ten shareholders accounted for a significant portion of the company's equity[124]. Compliance and Governance - The financial statements were approved by the board of directors on August 28, 2020, ensuring compliance with accounting standards[180]. - The company maintains a good ability to continue as a going concern, with no significant doubts regarding its operational viability[181]. - The accounting policies followed are in accordance with the enterprise accounting standards, ensuring accurate financial reporting[182]. Investment and Fund Management - The total amount of raised funds is CNY 293.54 million, with CNY 16.26 million utilized during the reporting period and a cumulative total of CNY 218.25 million used[59]. - The company has not changed the purpose of the raised funds, maintaining a 0.00% change in usage ratio[59]. - The company has utilized CNY 40 million of idle raised funds to temporarily supplement working capital[62]. - The company has committed a total investment of RMB 29,092.99 million, with 100% of the funds allocated to the acquisition of Beijing Lebo and other projects[64].

证券代码：002599 证券简称：盛通股份 公告编号：2020072 北京盛通印刷股份有限公司 关于参加北京辖区上市公司投资者集体接待日活动的公告 本公司及全体董事会成员保证公告内容真实、准确和完整，不存在虚假记 载、误导性陈述或重大遗漏。 为进一步加强与广大投资者的沟通交流，北京盛通印刷股份有限公司（以下 简称"公司"）将参加"2020 年北京辖区上市公司投资者集体接待日"活动， 现将有关事项公告如下： 本次集体接待日活动将采取网络远程的方式举行，投资者可以登录"全景网" 网站（http://rs.p5w.net/html/123119.shtml）或关注微信公众号全景路演天 下，参与本次投资者集体接待日活动，活动时间为 2020 年 9 月 8 日（星期二） 15:00 至 17:00。 届时公司管理层将通过网络在线交流形式与投资者就公司治理、发展战略、 经营状况、融资计划、股权激励和可持续发展等投资者关注的问题进行沟通。 欢迎广大投资者积极参与。 北京盛通印刷股份有限公司董事会 2020 年 8 月 28 日 ...

北京盛通印刷股份有限公司 2020 年第一季度报告全文 北京盛通印刷股份有限公司 2020 年第一季度报告 2020 年 04 月 1 北京盛通印刷股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人栗延秋、主管会计工作负责人许菊平及会计机构负责人(会计主 管人员)许菊平声明：保证季度报告中财务报表的真实、准确、完整。 2 北京盛通印刷股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 361,200,406.48 | 398,534,839.30 | -9.37% | | 归属于上市公司股东的净利润（元） | -26,231,041.89 | 11,703 ...

Financial Performance - The company's operating revenue for 2019 was CNY 1,952,689,690.49, representing a 5.87% increase compared to CNY 1,844,400,596.79 in 2018[18]. - The net profit attributable to shareholders for 2019 was CNY 141,314,343.05, an increase of 13.82% from CNY 124,154,213.58 in 2018[18]. - The net cash flow from operating activities reached CNY 311,089,816.03, a significant improvement of 874.91% compared to a negative cash flow of CNY 40,145,177.93 in 2018[18]. - The total assets at the end of 2019 were CNY 2,669,329,668.88, reflecting a 10.03% increase from CNY 2,426,033,219.63 at the end of 2018[18]. - The net assets attributable to shareholders increased by 11.03% to CNY 1,741,094,842.43 at the end of 2019, up from CNY 1,568,175,520.98 in 2018[18]. - The basic earnings per share for 2019 was CNY 0.26, a 13.04% increase from CNY 0.23 in 2018[18]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which reached CNY 126,508,839.94, up 41.31% from CNY 89,525,027.95 in 2018[18]. - The weighted average return on net assets was 8.62% for 2019, an increase from 7.86% in 2018[18]. Dividend Policy - The company plans not to distribute cash dividends or issue bonus shares for the year[5]. - The company has not distributed cash dividends or bonus shares for the fiscal year 2019, nor has it conducted capital reserve transfers to increase share capital[97]. - The company reported a total cash dividend of CNY 24,332,890.92 for 2019, which represents 17.22% of the net profit attributable to ordinary shareholders[98]. - In 2018, the total cash dividend was CNY 66,701,212.52, accounting for 53.72% of the net profit attributable to ordinary shareholders[98]. - The company repurchased 2,581,600 shares during the reporting period, with a total payment of CNY 24,332,890.92, which is considered equivalent to cash dividends[98]. Business Development - The company is actively developing a "Publishing Comprehensive Service Cloud Platform" to enhance production efficiency and reduce costs through digital technology[27]. - The company expanded its educational training services, establishing 130 direct-operated stores and 311 franchise stores across 25 provinces and municipalities by the end of 2019[32]. - The company launched a 3.0 business upgrade for its education services, initiating a "Thousand Store Plan" and establishing an online teaching platform[36]. - The company is focusing on smart printing upgrades, achieving a fully integrated service from job receipt to delivery, which has been well received by clients[39]. - The company is actively pursuing the integration of online and offline education through the OMO teaching system, leveraging data analytics to optimize course content[42]. Investment and Capital Management - The company executed new financial and revenue recognition standards starting in 2019, which may have impacted asset composition[64]. - The total amount of raised funds was RMB 293,530,990.41, with RMB 20,199.48 million utilized by the end of 2019[77]. - The company temporarily supplemented working capital with RMB 85.68 million in interest income from raised funds during 2019, totaling RMB 302.82 million in cumulative interest income[77]. - The company has not utilized any of the raised funds for additional projects beyond the committed investments[79]. - The company aims to improve the efficiency of raised fund usage to reduce financial costs and operational expenses[80]. Subsidiary Performance - The subsidiary Beijing Shengtong Packaging Printing Co., Ltd. reported a net profit of RMB 14.26 million, contributing significantly to the company's overall performance[85]. - The subsidiary Shanghai Shengtong Times Printing Co., Ltd. reported a net loss of RMB 8.14 million, indicating challenges in its operations[85]. - The subsidiary Beijing Shengtong Education Technology Co., Ltd. reported a net loss of RMB 3.43 million, reflecting difficulties in the education training sector[86]. Employee and Management Structure - The total number of employees in the company is 2,482, with 664 in the parent company and 1,818 in major subsidiaries[193]. - The company has implemented a salary adjustment policy based on net profit growth and industry salary levels[194]. - The company has established a training program, including the creation of a "Shengtong Academy" to develop key talent and enhance management capabilities[196]. - The company has adopted a long-term incentive mechanism that includes stock options and employee stock ownership plans linked to key performance indicators (KPIs)[195]. - The company experienced a change in financial leadership with the resignation of CFO Tang Zhengjun on August 30, 2019, due to job changes[184]. Corporate Governance - The company held 3 shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and enhancing participation through online voting and independent director solicitation[199]. - The board of directors adhered to regulations and fulfilled their duties diligently, contributing to improved corporate governance[199]. - The supervisory board effectively monitored major operational matters and financial conditions, safeguarding the rights of the company and all shareholders[200]. - The company emphasized information disclosure and transparency, ensuring timely and accurate information access for all shareholders through designated media[200]. Environmental Responsibility - The company completed the environmental protection acceptance for a green energy-saving printing technology renovation project in July 2019[148]. - The company has established an emergency plan for environmental incidents and filed it with the local environmental protection bureau[149]. - The company has been removed from the list of key pollutant discharging units in 2019 and has implemented significant changes to its self-monitoring plan[150].

Financial Performance - Net profit attributable to shareholders increased by 42.63% to CNY 31,165,455.26 for the reporting period[7] - Operating income rose by 2.14% to CNY 528,139,270.48 for the reporting period[7] - Basic earnings per share increased by 50.00% to CNY 0.06 for the reporting period[7] - The weighted average return on equity improved to 1.98%, up by 0.60% compared to the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 25.25% to CNY 25,928,800.89[7] - Net profit for Q3 2019 was CNY 32,103,790.53, up 40.55% from CNY 22,838,249.10 in Q3 2018[41] - Net profit for the period was ¥81,040,364.71, representing a 10.2% increase from ¥73,157,604.70 in the same period last year[50] Cash Flow - Net cash flow from operating activities surged by 175.23% to CNY 25,108,202.86[7] - Net cash flow from operating activities increased by CNY 242.80 million, a significant rise of 222.3%, driven by improved operational efficiency and stable paper prices[15] - The net cash flow from operating activities for the current period is ¥133,577,287.84, compared to a negative cash flow of ¥109,219,580.64 in the previous period, indicating a significant improvement[58] - Total cash inflow from operating activities is ¥1,345,502,717.04, while cash outflow is ¥1,211,925,429.20, resulting in a net cash flow of ¥133,577,287.84[58] - Cash inflow from investment activities is ¥56,422,316.83, while cash outflow is ¥91,218,725.67, leading to a net cash flow of -¥34,796,408.84[58] - The cash flow from operating activities has improved significantly, with a net increase of ¥56,605,806.40 in cash and cash equivalents during the period[59] Assets and Liabilities - Total assets increased by 6.89% to CNY 2,593,273,800.87 compared to the end of the previous year[7] - Current liabilities totaled CNY 666,950,579.90, compared to CNY 645,273,791.20, reflecting an increase of about 3.5%[32] - Non-current liabilities rose to CNY 225,726,081.83 from CNY 207,269,249.02, marking an increase of approximately 8.9%[32] - Owner's equity reached CNY 1,700,597,139.14, up from CNY 1,573,490,179.41, indicating a growth of around 8.1%[33] - The company reported a total liability of CNY 892,676,661.73, compared to CNY 852,543,040.22, indicating an increase of about 4.7%[33] - Total liabilities amounted to ¥767,861,158.38, with current liabilities at ¥582,461,869.74 and non-current liabilities at ¥185,399,288.64[71] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,823[11] - The largest shareholder, Li Yanqiu, holds 24.21% of the shares, amounting to 132,791,098 shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] - The company repurchased 9,365,527 shares, accounting for 2.89% of total shares, at a total cost of CNY 91.05 million[18] Inventory and Receivables - Accounts receivable increased by CNY 7.84 million, up 131.66%, mainly due to an increase in bank acceptance bills received[15] - Prepayments rose by CNY 22.26 million, a 68.47% increase, attributed to rent, renovation, and teaching materials prepayments for new educational campuses[15] - The company’s inventory decreased to CNY 229.70 million from CNY 265.21 million, reflecting a reduction in stock levels[30] - Accounts receivable increased to CNY 401,303,340.98 from CNY 365,097,126.49, showing a growth of approximately 9.9%[35] - Inventory decreased to CNY 108,575,933.82 from CNY 115,171,340.69, reflecting a decline of about 5.2%[36] Investment and R&D - Research and development expenses rose to CNY 6,361,309.36, up from CNY 5,137,138.76, indicating a focus on innovation[39] - Research and development expenses increased to ¥18,693,743.77 from ¥14,603,307.39, indicating a focus on innovation[49] - Investment activities generated a net cash flow increase of CNY 104.13 million, up 74.95%, due to reduced investments in land use rights and machinery[16] - Investment income rose to ¥4,675,918.42 from ¥647,383.44, showing improved returns on investments[50] Comprehensive Income - Other comprehensive income increased by CNY 23.49 million, a rise of 257.71%, due to fair value changes in external investments[15] - The total comprehensive income for Q3 2019 was CNY 26,608,326.94, compared to CNY 23,303,552.50 in the same quarter last year[42] - The total comprehensive income for the period was ¥104,531,856.35, up from ¥69,866,518.32, with a significant increase in other comprehensive income[51]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥872,714,134.70, representing a 2.59% increase compared to ¥850,722,830.09 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 5.86% to ¥47,481,549.22 from ¥50,438,934.62 year-on-year[18]. - The basic earnings per share decreased by 6.25% to ¥0.15, down from ¥0.16 in the same period last year[18]. - The net profit after deducting non-recurring gains and losses increased by 2.38% to ¥38,511,300.77 from ¥37,617,866.34 year-on-year[18]. - The total comprehensive income for the first half of 2019 was CNY 77,923,529.42, significantly higher than CNY 46,562,965.82 in the same period of 2018, indicating an increase of 67.14%[150]. - The company's net profit for the first half of 2019 was not explicitly stated, but the increase in total revenue suggests a positive trend in profitability[147]. Cash Flow and Liquidity - The net cash flow from operating activities significantly improved, reaching ¥108,469,084.98, a 243.02% increase from a negative cash flow of ¥75,842,617.12 in the previous year[18]. - The company's cash and cash equivalents increased by 16.92% to RMB 38,398,041.71, compared to RMB 32,841,626.74 in the previous year[39]. - The ending balance of cash and cash equivalents increased to ¥216,749,579.27, up from ¥180,127,904.66 at the end of the previous year[159]. - The total cash inflow from operating activities was ¥688,640,319.06, while cash outflow was ¥636,106,562.83, resulting in a net cash flow of ¥52,533,756.23[161]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,498,539,480.00, reflecting a 2.99% increase from ¥2,426,033,219.63 at the end of the previous year[18]. - The total liabilities of the company as of June 30, 2019, were CNY 870.04 million, slightly up from CNY 852.54 million at the end of 2018, indicating a growth of approximately 2.1%[141]. - The total assets at the end of the reporting period amounted to 1,454,920,000 RMB[181]. - The total liabilities at the end of the period were 874 million, reflecting a 5.52% increase compared to the previous period[170]. Business Operations and Strategy - The company is focusing on transforming from a traditional printing service provider to a comprehensive quality education group[34]. - The company plans to achieve a total of 1,000 direct and franchise stores by 2022 as part of the "Thousand Store Plan" for the Lebo Lebo brand[35]. - The company is leveraging digital technology to optimize production capacity and improve efficiency in its publishing services[29]. - The company aims to leverage its capital advantages for mergers and acquisitions in the STEAM education sector over the next 2-3 years, capitalizing on industry consolidation opportunities[36]. - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[167]. Research and Development - The company's R&D investment rose by 47.35% to RMB 15,440,687.69, compared to RMB 10,478,823.63 in the previous year, indicating a focus on enhancing educational and technological capabilities[39]. - Research and development expenses for the first half of 2019 were CNY 12.33 million, compared to CNY 10.48 million in the same period of 2018, representing an increase of approximately 17.6%[147]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for this period[6]. - The total number of ordinary shareholders at the end of the reporting period was 10,302[121]. - The largest shareholder, Li Yanqiu, held 24.11% of the shares, totaling 78,255,528 shares[122]. - The company has a total of 132,018,213 shares, with 11,727,994 shares under lock-up conditions[122]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit, with VOCs emissions below the relevant standards in Beijing[105]. - The company has established an emergency response plan for environmental incidents and has filed it with the local environmental protection bureau[106]. - The company reported no violations regarding external guarantees during the reporting period[103]. Market Competition and Risks - The company faced market competition risks in the education training service industry and plans to enhance its core competitiveness through AI integration and diversified strategic partnerships[71]. - The company is addressing rising operational costs by implementing lean production and increasing automation to reduce labor costs[71].