重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 美盛文化创意股份有限公司 2022 年第一季度报告全文 证券代码：002699 证券简称：美盛文化 公告编号：2022-028 美盛文化创意股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (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） | 277,772,638.20 | 159,288,266.22 | 74.38% | | 归属于上市公司股东的净利润（元） | -5,086,495.35 | 5,252, ...

Financial Performance - The company's operating revenue for 2021 was ¥1,030,310,405.55, representing a 4.02% increase compared to ¥990,470,977.72 in 2020[21] - The net profit attributable to shareholders was -¥236,538,904.72, an improvement of 74.77% from -¥937,661,963.22 in the previous year[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥303,289,853.36, a 68.58% improvement from -¥965,129,073.17 in 2020[21] - The basic and diluted earnings per share were both -¥0.26, a 74.76% improvement from -¥1.03 in 2020[21] - The weighted average return on net assets was -15.28%, an increase of 56.40% from -35.04% in the previous year[21] - The total net assets attributable to shareholders decreased by 10.50% from the previous year, amounting to 1,991,168,662.02 CNY[23] - The total operating revenue for Q2 2021 reached 512,861,276.84 CNY, the highest among the four quarters[26] - The net profit attributable to shareholders for Q4 2021 was -294,795,262.52 CNY, marking a significant decline compared to previous quarters[26] - Revenue from the cultural industry was 1,017.92 million yuan, accounting for 98.80% of total operating revenue, with a year-on-year increase of 3.22%[50] - The gross profit margin for the cultural industry was 16.25%, a decrease of 12.32% compared to the previous year[52] Cash Flow and Investments - The net cash flow from operating activities decreased by 63.50% to ¥69,695,943.13 from ¥190,942,288.51 in 2020[21] - The net cash flow from operating activities for the reporting period was 69.70 million yuan, a decrease of 63.50% compared to the previous period, primarily due to increased cash payments for purchased goods caused by rising raw material prices[48] - The net cash flow from investing activities was -385.49 million yuan, an increase of 40.14% compared to the previous period, mainly due to the acquisition of Jingdezhen Xinyin Investment Development Co., Ltd.[48] - The net cash flow from financing activities was -264.51 million yuan, a decrease of 553.02% compared to the previous period, primarily due to an increase in borrowings as fixed deposits were not yet due[48] - Investment cash inflow surged by 213.36% to 2,161,995,068.33 CNY, while investment cash outflow increased by 163.98% to 2,547,487,784.23 CNY[67] Business Strategy and Market Position - The company is in a phase of industry integration, aiming to build a comprehensive cultural ecosystem that includes IP, content production, and new media operations[32] - The company has expanded its business model to include upstream and downstream operations in the cultural industry, focusing on anime, games, and film[33] - The company is actively exploring the development of high-quality original IPs to enhance its market position in the booming domestic IP market[36] - The company aims to enhance its IP discovery and acquisition capabilities, focusing on creating original IP and collaborating with top-tier IPs to leverage monetization potential[87] - The company plans to strengthen management, resource, and market integration to promote coordinated development across its business segments[86] Internal Control and Governance - The company identified significant internal control deficiencies and potential risks related to policy changes and market demand fluctuations[6] - The company has established various internal control systems to ensure compliance with relevant laws and regulations, enhancing governance[131] - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with governance regulations[98] - The company emphasizes independent operations, maintaining a complete supply, research, production, and sales system[105] - The company has established a remuneration committee to oversee the compensation of senior management[116] Shareholder and Investor Relations - The company held three shareholder meetings during the reporting period, ensuring compliance with legal and regulatory requirements[97] - The company achieved a 59.70% investor participation rate in the annual shareholder meeting held on May 21, 2021[106] - The company maintains a robust investor relations management strategy, including regular performance briefings and direct communication with investors[144] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 373.54 million[118] Employee Management and Development - The total number of employees at the end of the reporting period is 3,022, with 2,325 from major subsidiaries and 697 from the parent company[125] - The company emphasizes ongoing training and development for employees to meet job requirements effectively[128] - The company has committed to employee rights protection by signing labor contracts and providing social insurance[145] Risks and Challenges - The company faces potential risks including changes in cultural industry policies, underperformance of the cultural industry, and intensified market competition[92] - The company reported a significant internal control deficiency related to accounts receivable, with a potential impact on financial statements due to an outstanding balance of 632 million yuan[136] - The company has received public reprimands from the stock exchange regarding the occupation of funds by controlling shareholders from January 2020 to April 2021[168] Acquisitions and Subsidiaries - The company acquired 100% equity of Jingdezhen Xinyin Investment Development Co., Ltd. for a post-tax price of 180 million yuan, with the main asset being 102.504 acres of commercial land under court seal[157] - The company established several new subsidiaries during the reporting period, including Zhejiang Aiyou Network Technology Co., Ltd. and Party x People GmbH[58] Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[109] - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on expanding the digital content offerings[110] - The company is considering strategic acquisitions to enhance its market position, with a budget of 300 million RMB earmarked for potential deals[109]

美盛文化创意股份有限公司 2021 年第三季度报告 证券代码：002699 证券简称：美盛文化 公告编号：2021-046 美盛文化创意股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (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 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 253,745,114.78 | -19.51% | 766,606,391.62 | -3.6 ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥512,861,276.84, representing a 6.81% increase compared to ¥480,183,220.00 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥26,132,765.07, a significant increase of 43.72% from ¥18,182,853.72 in the previous year[20]. - Basic earnings per share increased by 45.00% to ¥0.029 from ¥0.020 in the previous year[20]. - The operating profit for the period was 16.60 million yuan, which is a 3.4% increase from the previous year's 16.06 million yuan[33]. - The company's revenue for the cultural segment reached ¥510,596,753.75, representing a year-on-year increase of 6.70%[38]. - The company's net profit for the first half of 2021 showed a significant improvement with investment income of CNY 32,013,723.76, up from CNY 3,994,312.14 in the previous year[118]. - The total profit for the first half of 2021 was CNY 18,828,197.02, an increase of 7.0% from CNY 17,591,149.29 in the first half of 2020[120]. - The total comprehensive income for the first half of 2021 was CNY 20,440,633.88, an increase from CNY 19,996,303.68 in the same period of 2020[120]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥191,170,777.05, a decrease of 1,216.97% compared to -¥14,515,906.41 in the same period last year[20]. - The company’s cash and cash equivalents decreased by 627.89 million yuan, a 230.45% increase in outflow compared to a decrease of 190.01 million yuan in the previous year[34]. - The company reported a cash flow from operating activities net amount of -CNY 191,170,777.05 for the first half of 2021, compared to -CNY 14,515,906.41 in the same period of 2020[126]. - The company experienced a net decrease in cash and cash equivalents of -627,888,502.96 CNY in the first half of 2021, compared to -190,009,487.68 CNY in the first half of 2020, indicating worsening liquidity[128]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,766,847,727.29, a decrease of 2.20% from ¥2,829,028,851.66 at the end of the previous year[20]. - The company's current assets decreased to CNY 1,371,402,984.96 from CNY 1,757,426,887.99 at the end of 2020, reflecting a decline of approximately 22%[110]. - The total liabilities decreased to CNY 1,371,402,984.96 from CNY 1,757,426,887.99, indicating a reduction of about 22%[110]. - The total liabilities as of June 30, 2021, were CNY 854,665,435.19, up from CNY 759,996,434.28 at the end of 2020, marking an increase of about 12.5%[116]. Investments and Expenditures - The total investment during the reporting period was ¥322,320,000, a significant increase of 876.73% compared to ¥33,000,000 in the same period last year[45]. - The company reported a net cash flow from investing activities of -205,247,955.40 CNY for the first half of 2021, compared to -137,462,977.30 CNY in the same period of 2020, showing an increase in cash outflow[128]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The total number of ordinary shareholders at the end of the reporting period is 32,919[95]. - Major shareholders include Meisheng Holdings Group Co., Ltd. with a 33.11% stake and Zhao Xiaoqiang with a 20.62% stake[95]. Risk Management - The company faces risks from rising costs due to global pandemic impacts and trade tensions, which may pressure profit margins[52]. - The company is actively managing supply chain relationships to mitigate cost increases and maintain profitability[52]. - The company is also addressing foreign exchange risks through forward exchange contracts to stabilize earnings[53]. Corporate Governance - The company held its first extraordinary general meeting of shareholders on April 23, 2021, with a participation rate of 4.98%[56]. - The annual general meeting on May 21, 2021, had a participation rate of 59.70%[56]. - There were no changes in the company's board of directors, supervisors, or senior management during the reporting period[57]. Compliance and Reporting - The half-year financial report has not been audited[69]. - The financial statements were approved for release by the board on August 27, 2021, ensuring compliance with accounting standards[147]. - The financial statements comply with the requirements of the Accounting Standards for Enterprises, accurately reflecting the financial position as of June 30, 2021[152]. Accounting Policies - The company has established specific accounting policies for bad debt provisions, inventory, fixed asset depreciation, and revenue recognition[151]. - The company uses the expected credit loss model for impairment accounting on financial assets measured at amortized cost, including receivables[172]. - The company employs a three-stage model for measuring loss provisions on financial assets, assessing significant increases in credit risk[175].

Financial Performance - The company's operating revenue for 2020 was approximately ¥990.47 million, a decrease of 28.21% compared to ¥1,379.75 million in 2019[19]. - The net profit attributable to shareholders for 2020 was a loss of ¥937.66 million, representing a decline of 2,596.35% from a profit of ¥37.56 million in 2019[19]. - The total assets at the end of 2020 were approximately ¥2.83 billion, down 24.21% from ¥3.73 billion at the end of 2019[19]. - The net assets attributable to shareholders decreased by 29.25% to ¥2.22 billion from ¥3.14 billion in 2019[19]. - The basic and diluted earnings per share for 2020 were both -¥1.03, a decrease of 2,675.00% from ¥0.04 in 2019[19]. - The weighted average return on equity was -35.04%, down 36.26% from 1.22% in 2019[19]. - The company reported a total of CNY 27.47 million in non-recurring gains and losses for 2020, compared to CNY 14.23 million in 2019[24]. - The company’s goodwill decreased by 70.54% to 34,839.39 million due to intense competition affecting the profitability of its subsidiary[45]. - The company reported an asset impairment loss of ¥850,707,833.03, accounting for 90.35% of total profit[67]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥190.94 million, compared to a negative cash flow of ¥3.15 million in 2019, marking a 6,154.24% increase[19]. - The company's cash and cash equivalents at the end of the period amounted to 118,596.75 million, an increase of 35.12% compared to the beginning of the period, primarily due to the recovery of accounts receivable and the maturity of financial products[45]. - Accounts receivable decreased by 41.62% to 21,729.36 million, attributed to customer repayments[45]. - Investment cash inflow dropped by 64.02% to ¥689,941,894.13, while investment cash outflow decreased by 12.36% to ¥965,020,641.14, leading to a net cash flow from investing activities of -¥275,078,747.01[65]. - The company has completed the investment project for the IP cultural ecosystem with a total investment of RMB 216.37 million, achieving 100% of the planned investment[84]. Business Strategy and Operations - The company is focused on developing a cultural ecosystem that includes self-owned IP, content production, distribution, new media operations, and retail channels[28]. - The company has a diverse product line including IP derivatives, animation, games, and advertising services, with a strategic shift towards content distribution and data services[29]. - The company aims to enhance its original IP portfolio, with notable IPs like "同道大叔" and "星学院," which has accumulated over 1.6 billion views across platforms[34]. - The company has deepened collaborations with top IPs such as Disney and Marvel, expanding its product lines and enhancing its IP derivative industry chain[35]. - The company is currently in a phase of industry integration, extending its reach into other segments of the pan-entertainment industry[31]. - The cultural industry is rapidly expanding, with significant growth potential in the domestic market, supported by government policies shifting towards market-driven development[31]. Risks and Challenges - The company faces risks including changes in cultural industry policies, international demand decline, and intensified industry competition[5]. - Potential risks include changes in cultural industry policies, market demand fluctuations, and intensified industry competition[97]. Shareholder and Dividend Policy - The company plans not to distribute cash dividends or issue bonus shares for the year[6]. - The company did not distribute cash dividends or issue bonus shares in 2020, 2019, and 2018, maintaining a consistent policy of no profit distribution[101]. - The company has not made any commitments regarding cash dividend distribution or capital reserve conversion into share capital for the reporting period[103]. - The company plans to continue its strategy of not distributing cash dividends in the foreseeable future[103]. Management and Governance - The company has established a comprehensive management mechanism, including rules for shareholder meetings, board meetings, and financial management, ensuring effective governance and operational compliance[136]. - The company maintains strong investor relations through regular performance briefings, on-site investor research, and various communication channels, enhancing investor engagement[136]. - The company has established various management systems to ensure transparency and compliance with governance standards[175]. - The company has a robust internal control system and adheres to information disclosure regulations, enhancing governance standards[175]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[177]. Employee and Social Responsibility - Employee rights are protected through labor contracts, social insurance, and regular salary adjustments, ensuring a supportive work environment[137]. - Environmental responsibility is prioritized with initiatives for paperless operations and energy conservation, aiming to reduce waste and pollution[138]. - The company has not initiated any targeted poverty alleviation programs during the reporting period and has no plans for such initiatives[139]. - There are no significant environmental protection issues reported, and the company is not listed as a key pollutant discharge unit[140]. Financial Reporting and Compliance - The company adopted the new revenue recognition standards effective January 1, 2020, which introduced a five-step method for revenue recognition[112]. - The audit opinion for the financial statements was a standard unqualified opinion, confirming the fair presentation of the company's financial position[195]. - The company maintained a 100% inclusion rate of assets and revenue in its internal control evaluation, ensuring comprehensive oversight[189]. - The management has confirmed customer relationships and compliance with revenue recognition policies through various checks and balances[197].

证券代码：002699 证券简称：美盛文化 公告编号：2021-026 美盛文化创意股份有限公司 关于召开 2020 年年度股东大会暨投资者接待活动的 通知的更正公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 美盛文化创意股份有限公司（以下简称"美盛文化"或"公司"）决定于 2021 年 5 月 21 日（星期五）下午 14 时召开 2020 年年度股东大会，公司已于 2021 年 4 月 30 日在《证券时报》、《中国证券报》、《上海证券报》、《证券日报》 及巨潮资讯网（www.cninfo.com.cn）上披露了《关于召开 2020 年年度股东大会 暨投资者接待活动的通知》（公告编号：2021-023）。由于工作人员失误，该公 告中对通过深圳证券交易所交易系统进行网络投票的具体时间的表述有误，现更 正如下： 更正前： 5、会议时间： （1）现场会议召开时间：2021 年 5 月 21 日下午 14 时开始； （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为 2021 年 5 月 21 日上午 9:30－11:30，下午 13:00－ ...

美盛文化创意股份有限公司 2021 年第一季度报告全文 美盛文化创意股份有限公司 2021 年第一季度报告 2021 年 04 月 1 美盛文化创意股份有限公司 2021 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。 公司负责人袁贤苗、主管会计工作负责人石军龙及会计机构负责人(会计主 管人员)石军龙声明：保证季度报告中财务报表的真实、准确、完整。 2 美盛文化创意股份有限公司 2021 年第一季度报告全文 非经常性损益项目和金额 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） | 4,504,289.78 | | | 委托他人投资或管理资产的损益 | 912,852.28 | | | 除上述各项之外的其他营业外收入和支出 | 621,016.18 | ...

Financial Performance - The company's operating revenue for 2020 was approximately ¥990.47 million, a decrease of 28.21% compared to ¥1,379.75 million in 2019[18]. - The net profit attributable to shareholders was a loss of approximately ¥937.66 million, a significant decline of 2,596.35% from a profit of ¥37.56 million in 2019[18]. - The total assets at the end of 2020 were approximately ¥2.83 billion, down 24.21% from ¥3.73 billion at the end of 2019[18]. - The net assets attributable to shareholders decreased by 29.25% to approximately ¥2.22 billion from ¥3.14 billion in 2019[18]. - The basic and diluted earnings per share for 2020 were both -¥1.03, a decrease of 2,675.00% from ¥0.04 in 2019[18]. - The weighted average return on equity was -35.04%, a decline of 36.26% from 1.22% in 2019[18]. - The company reported a total revenue of 2,050 million CNY for the year, with a year-on-year increase of 0%[106]. Cash Flow and Liquidity - The net cash flow from operating activities was approximately ¥190.94 million, a substantial increase of 6,154.24% compared to a negative cash flow of ¥3.15 million in 2019[18]. - The company's cash and cash equivalents at the end of the period amounted to 1,185.97 million CNY, an increase of 35.12% compared to the beginning of the period, primarily due to the recovery of accounts receivable and the maturity of financial products[44]. - Accounts receivable decreased by 41.62% to 217.29 million CNY, attributed to customer repayments[44]. - The company's cash flow from operating activities was reported at 0 million CNY, indicating potential liquidity issues[106]. Revenue Breakdown - Revenue from the cultural industry was ¥986,171,511.72, accounting for 99.57% of total revenue, down 28.30% year-on-year[48]. - Revenue from animated clothing decreased by 45.50% to ¥237,795,259.20, while non-animated clothing revenue increased by 30.35% to ¥44,883,650.59[48]. - Service platform revenue was ¥365,927,887.26, down 18.76% from ¥450,432,827.56 in 2019[48]. - Domestic revenue was ¥492,607,578.06, a decrease of 9.25%, while overseas revenue fell by 40.51% to ¥497,863,399.66[48]. Investment and Projects - The company plans to invest a total of 2.088 billion yuan in the IP cultural ecosystem project, which includes the SIP co-creation platform and the pan-entertainment development and operation platform[81]. - The investment progress for the animation apparel expansion project is 86.31%, with a total investment of CNY 21.35 million[78]. - The R&D design center project has achieved a completion rate of 99.99%, with a total investment of CNY 94.99 million[78]. - The IP cultural ecosystem project has been fully completed with a total investment of CNY 216.37 million[78]. Risks and Challenges - The company faces risks including changes in cultural industry policies, international demand decline, and intensified market competition[5]. - The company has made significant investments and acquisitions to form a pan-entertainment business system, aiming for further transformation and integration[92]. Corporate Governance - The company has established a comprehensive management mechanism to ensure compliance with laws and regulations, enhancing corporate governance[133]. - The governance structure complies with the regulatory requirements set by the China Securities Regulatory Commission[175]. - The company maintains strong communication with investors through regular performance briefings and various engagement methods[133]. Employee and Management - The total number of employees in the company is 3,078, with 774 in the parent company and 2,304 in major subsidiaries[166]. - The total pre-tax remuneration for directors and senior management is 373.54 million[165]. - The company has implemented a training program to enhance employee capabilities according to job requirements[169]. Audit and Financial Reporting - The audit report issued a standard unqualified opinion, indicating that the financial statements fairly reflect the company's financial position and operating results for 2020[192]. - The audit identified revenue recognition as a key audit matter due to the inherent risk of management manipulating revenue recognition to meet targets[194]. - The company is responsible for ensuring the financial statements are prepared in accordance with accounting standards and maintaining necessary internal controls[198].

美盛文化创意股份有限公司 2020 年第三季度报告全文 美盛文化创意股份有限公司 2020 年第三季度报告 2020 年 10 月 1 美盛文化创意股份有限公司 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。 公司负责人袁贤苗、主管会计工作负责人石军龙及会计机构负责人(会计主 管人员)石军龙声明：保证季度报告中财务报表的真实、准确、完整。 2 美盛文化创意股份有限公司 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） | 3,685,477,694.05 | | 3,732,547,084.40 | -1.26% | | 归属于上市公司股东的净资产 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥480,183,220, a decrease of 7.17% compared to ¥517,294,917 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥18,182,853.72, representing a significant increase of 206.81% from a loss of ¥17,023,551 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥8,488,083.25, an increase of 124.68% compared to a loss of ¥34,390,658.82 in the same period last year[19]. - The net cash flow from operating activities improved to -¥14,515,906.41, a 90.46% improvement from -¥152,090,406.81 in the previous year[19]. - Basic and diluted earnings per share were both ¥0.0200, compared to a loss of ¥0.0187 per share in the same period last year, marking a 206.81% increase[19]. - The weighted average return on net assets was 0.58%, a significant improvement from -0.56% in the previous year, reflecting a 203.57% increase[19]. - The company's operating profit increased by 168.3% to CNY 16,042,007.53, driven by investment income impacts[36]. - The company reported a net profit of -2.8291 million yuan for the first half of 2020, failing to meet the annual performance commitment of 25 million yuan[60]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,681,457,429.47, a decrease of 1.37% from ¥3,732,547,084.40 at the end of the previous year[19]. - The company's cash and cash equivalents at the end of the period were CNY 687,690,250.96, a decrease of 21.65% from the beginning of the period due to loan repayments and investments in financial products[36]. - The company's total liabilities decreased to ¥490,947,981.52 from ¥562,033,940.13, indicating a decline of about 12.7%[130]. - The company's equity attributable to shareholders increased slightly to ¥3,166,101,754.52 from ¥3,144,607,676.51, reflecting an increase of approximately 0.7%[131]. - The company's accounts receivable decreased to ¥347,303,770.67 from ¥372,193,614.86, a reduction of approximately 6.7%[128]. Cash Flow - The company's cash received from sales and services increased by 62.9% to CNY 535,536,041.64, attributed to improved sales performance in the last quarter of the previous year[36]. - The company reported a net cash outflow from investment activities of ¥137,462,977.30, a decrease of 118.50% compared to a net inflow of ¥743,168,087.46 in the previous year[40]. - Cash and cash equivalents decreased by 132.65% to a net outflow of ¥190,009,487.68 from an inflow of ¥581,993,842.06 in the previous year[40]. - Cash inflows from operating activities amounted to CNY 587,789,602.44, up from CNY 401,017,442.77 in the first half of 2019, representing a 46.6% increase[146]. Investments and Acquisitions - The company invested CNY 33 million in two joint ventures during the reporting period[33]. - The company has invested CNY 21,350 million in the animation apparel expansion project, achieving 86.31% of the planned investment[59]. - The company acquired 70% equity of Shanghai Pure Innocence Film Investment Co., Ltd. for CNY 9,800 million, fully utilizing the raised funds for this acquisition[59]. - The company has not reported any major asset or equity sales during the reporting period[65][66]. Dividends and Shareholder 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 is 33,980[110]. - Major shareholder, Meisheng Holdings Group Co., Ltd., holds 33.67% of the shares, totaling 306,242,810[111]. Risks and Challenges - The company faces risks from the COVID-19 pandemic, which may impact raw material supply, logistics, and customer orders, potentially affecting demand in downstream industries[69]. - The company reported an increase in international transportation costs and raw material supply costs due to the global COVID-19 pandemic and US-China trade tensions, impacting profit margins[71]. Research and Development - Research and development expenses were CNY 15,644,310.97, an increase of 10.2% from CNY 14,194,450.65 in the first half of 2019, reflecting a focus on innovation[137]. - The company is committed to research and development of new technologies to stay competitive in the market[154]. Financial Reporting and Compliance - The half-year financial report has not been audited[77]. - The financial statements were approved by the board on August 25, 2020, ensuring compliance with accounting standards[171]. - The company follows the Chinese accounting standards, ensuring transparency and accuracy in financial reporting[171].