Financial Performance - The company's operating revenue for the first half of 2022 was ¥878,833,935.60, a decrease of 19.99% compared to ¥1,098,449,922.90 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥12,679,141.77, down 21.35% from ¥16,120,211.67 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥14,520,439.92, a decrease of 4.10% compared to ¥15,140,525.28 in the same period last year[19]. - The net cash flow from operating activities was -¥94,324,754.03, worsening by 27.09% from -¥74,221,137.25 in the previous year[19]. - The company's total revenue for the first half of 2022 was CNY 849,310,704.88, a decrease of 21.49% compared to the same period last year[42]. - The company's gross profit margin for the decoration engineering business was 16.12%, a slight decrease of 0.74% year-on-year[42]. - The company reported a net investment loss of CNY 4,022,769.10, primarily due to significant losses from its associate company, Lute Energy[44]. - The company reported a net loss of CNY 604,818,136.09 for the current period[177]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,073,390,153.13, an increase of 22.33% from ¥3,329,769,089.24 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company were ¥160,091,121.52, up 10.68% from ¥144,647,232.23 at the end of the previous year[19]. - The company reported a total liability of CNY 4,090,721,112.35 as of the end of the first half of 2022, compared to CNY 3,141,614,984.09 at the end of the first half of 2021, indicating a significant increase[160]. - Total liabilities amounted to CNY 3,924,191,264.00, compared to CNY 3,195,946,229.28 at the beginning of the year, reflecting an increase of around 22.8%[154]. - The company's total assets grew to CNY 4,073,390,153.13, up from CNY 3,329,769,089.24, which is an increase of about 22.3%[154]. Cash Flow - Cash inflow from operating activities decreased to CNY 899,020,930.50 in the first half of 2022, down from CNY 1,101,226,936.38 in the first half of 2021, a decline of about 18.4%[165]. - Net cash flow from operating activities was negative CNY 94,324,754.03, worsening from negative CNY 74,221,137.25 in the previous year[165]. - Cash inflow from financing activities increased to CNY 1,655,421,658.88, compared to CNY 1,408,743,613.25 in the same period of 2021, an increase of approximately 17.5%[167]. - The company reported a net cash increase of CNY 273,365,074.91 for the first half of 2022, compared to CNY 3,417,426.55 in the same period of 2021[167]. Business Operations - The decoration engineering business accounted for 96.64% of total revenue, amounting to ¥849,310,704.88, down 21.49% from the previous year[40]. - The design business revenue fell by 46.92% to ¥7,888,197.75, compared to ¥14,861,006.91 in the previous year[40]. - The company has established a "1+3" business platform to enhance its operational capabilities, focusing on construction, new energy technology, capital management, and commercial development[36]. - The company is focusing on expanding its market presence through the establishment of multiple subsidiaries in various sectors[52]. Subsidiaries and Investments - The company established a wholly-owned subsidiary with a registered capital of 10 million, holding a 100% stake[51]. - A new subsidiary focused on cement products was set up with a registered capital of 25 million, also holding a 100% stake[51]. - The company reported a total investment of 50 million in a new construction engineering subsidiary, maintaining a 100% ownership[52]. - The company has established subsidiaries in Hong Kong and Macau, indicating a focus on regional market expansion[199]. Risks and Challenges - The management highlighted risks related to macroeconomic fluctuations and reliance on major clients[3]. - The company faces risks related to macroeconomic fluctuations, particularly in the construction decoration industry, which is closely tied to infrastructure investment and urbanization trends[70]. - Rising raw material prices and labor costs are significant operational risks that could increase the company's main business costs and affect overall performance[74]. - The company has a high accounts receivable balance, which poses a risk if economic conditions worsen or if there are tighter monetary conditions, potentially impacting cash flow and operational performance[73]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[4]. - The controlling shareholder has committed to relinquishing voting rights for 45,015,568 shares during the effective period of the commitment[89]. - The company will compensate for any bad debt losses exceeding 8 million yuan related to litigation during the period of board and supervisory board re-election[90]. - The company has reported no non-operating fund occupation by controlling shareholders or other related parties during the reporting period[93]. Legal Matters - The company reported a significant litigation amount of 1,878.23 million CNY related to a construction dispute with Zhenjiang Xiexin Real Estate Development Co., Ltd.[98]. - Another ongoing litigation involves a claim of 3,088.06 million CNY against Harbin Shidai Real Estate Development Co., Ltd., with a first-instance judgment pending appeal[98]. - The total amount involved in litigation cases is substantial, indicating potential financial impacts on the company's operations[98]. Corporate Strategy - The company plans to explore new business areas and profit growth points by leveraging resources from its controlling shareholder[78]. - The company has committed to achieving a cumulative net profit of no less than RMB 60 million from its main business operations in decoration construction for the years 2022-2024[89]. - The company has expressed confidence in its future stable development and the value of the group, supporting its business expansion strategy[90].

Financial Performance - The company's operating revenue for 2021 was ¥1,947,823,403.74, a decrease of 14.17% compared to ¥2,269,386,975.71 in 2020[19] - The net profit attributable to shareholders was -¥981,681,538.46, representing a significant decline of 3,890.79% from -¥24,598,702.16 in the previous year[19] - The net cash flow from operating activities improved by 64.80%, reaching -¥120,110,806.98 compared to -¥341,258,440.91 in 2020[19] - The total assets at the end of 2021 were ¥3,329,769,089.24, down 23.06% from ¥4,327,616,275.86 at the end of 2020[20] - The net assets attributable to shareholders decreased by 85.87% to ¥144,647,232.23 from ¥1,023,445,245.03 in 2020[20] - The basic earnings per share for 2021 was -¥6.760, a drastic decline from -¥0.180 in 2020[19] - The total operating costs for 2021 amounted to CNY 1,705,226,792.98, a decrease of 9.91% compared to CNY 1,892,754,228.86 in 2020[54] - The gross profit margin for the decoration engineering business was 12.47%, with a year-on-year decrease of 4.18%[48] - The net profit for 2021 was -CNY 984.15 million, representing a significant decrease of 3,684.09% year-on-year, primarily due to credit impairment losses on receivables from clients such as Evergrande and New Power[42] Revenue Breakdown - The revenue from decoration engineering and design business was ¥1,947,823,403.74, while rental business revenue was ¥908,697.59[19] - The public decoration segment generated revenue of CNY 965.85 million, accounting for 49.59% of total revenue, with a year-on-year increase of 7.22%[45] - The residential decoration segment reported revenue of CNY 957.22 million, a decrease of 28.22% year-on-year, representing 49.14% of total revenue[45] Shareholder and Management Changes - The company underwent a change in control, with the major shareholder changing from Liu Haiyun to Zhengfang Group on December 20, 2021[18] - The company appointed Tang Liang as the chairman of the board on December 22, 2021, and Zhang Youwen as the general manager on the same date[117] - The company experienced a leadership change with the resignation of Liu Haiyun as a director on February 14, 2022, and his subsequent appointment as honorary chairman on March 2, 2022[117] - The company has a current board of directors and management team with a mix of new and returning members, ensuring continuity in leadership[116] Strategic Plans and Market Position - The company plans to reduce its focus on residential renovation and expand into public building renovation to adapt to market changes[30] - The new controlling shareholder, Zhengfang Group, aims to leverage state-owned enterprise advantages to enhance the company's revenue and profit growth[30] - The company is expanding its operational footprint across five major regions in China, including East China and North China, to enhance its market reach[35] - The company plans to establish a "3+X" business platform, expanding its main business to include architectural design, construction, municipal landscaping, building technology, and decoration services[90] Research and Development - The company has made significant progress in the research and development of a new decorative ceiling structure, which aims to improve installation efficiency and safety by addressing issues related to traditional ceiling connections[61] - The company has developed a new assembly wall structure that improves installation efficiency and reduces the risk of panel detachment[62] - The company aims to reduce construction steps and improve overall economic efficiency through these new technologies[62] - R&D investment amounted to ¥60,617,078.98 in 2021, a decrease of 14.62% compared to ¥70,992,741.09 in 2020, representing 3.11% of operating revenue[64] Operational Risks and Challenges - The company faces risks from macroeconomic fluctuations, particularly in the construction decoration industry, which is closely tied to infrastructure investment and urbanization[92] - Rising raw material prices and labor costs present operational risks that could affect the company's main business costs and overall performance[96] - The company has a significant accounts receivable balance, which poses a risk if economic conditions worsen or if the monetary environment tightens[95] Corporate Governance and Compliance - The company emphasizes its commitment to corporate governance, as evidenced by the election of independent directors like Gu Zengcai and Sun Wei, who bring significant expertise to the board[121][122] - The company has established an independent financial accounting system, enabling it to make independent financial decisions and manage finances for subsidiaries effectively[109] - The company has not reported any significant changes in its financial health or operational capabilities during the reporting period[115] Environmental and Social Responsibility - The company received a fine of RMB 200,000 for environmental violations related to dust emissions during a construction project[155] - The company has implemented several measures to rectify the environmental issues identified, including dust control and waste management[155] - The company donated a total of RMB 1,174.28 million to various charitable causes from 2018 to the end of the reporting period[156] Litigation and Legal Matters - The company reported a litigation amount of 1,878.23 million CNY related to a construction dispute with Zhenjiang Xiexin Real Estate Development Co., Ltd.[174] - Another litigation involves a claim against Harbin Shidai Real Estate Development Co., Ltd. for 3,088.06 million CNY, currently in the first-instance judgment stage[174] Financial Transactions and Related Party Transactions - The company reported a total revenue of approximately 2,556.06 million CNY from related party transactions in 2021[180] - The company engaged in related party transactions with Guangdong Nanyue Construction Engineering Co., Ltd. for labor services and project renovations, with a total transaction amount of 15,932.4 million CNY[178] - The company has not exceeded the approved transaction limits for any related party transactions in 2021[177]

Financial Performance - The company's operating revenue for Q1 2022 was ¥431,768,136.73, a decrease of 27.79% compared to ¥597,901,353.42 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was ¥4,321,331.74, down 36.40% from ¥6,795,013.42 year-on-year[3] - The net loss attributable to the parent company for Q1 2022 was RMB 5,693,827.81, compared to a net profit of RMB 16,442,088.54 in Q1 2021[18] - The net profit for Q1 2022 was CNY 4,315,459.81, a decrease of 36.0% compared to CNY 6,743,155.37 in Q1 2021[19] - Operating profit for Q1 2022 was CNY 4,158,842.80, down 52.7% from CNY 8,785,751.82 in the same period last year[19] - The total comprehensive income for Q1 2022 was CNY 4,315,459.81, a decrease of 36.0% from CNY 6,743,155.37 in Q1 2021[19] Cash Flow and Liquidity - The net cash flow from operating activities improved by 27.39%, reaching -¥92,764,525.82 compared to -¥127,755,125.27 in the previous year[7] - Cash and cash equivalents at the end of Q1 2022 were RMB 153,478,086.70, down 38.0% from RMB 246,979,868.23 at the beginning of the year[13] - Total cash and cash equivalents at the end of Q1 2022 were CNY 27,969,721.71, down from CNY 135,085,255.15 at the end of Q1 2021[22] - The company reported cash inflow from financing activities of CNY 96,194,406.99, a decrease of 28.5% from CNY 134,703,904.99 in the previous year[22] - The company reported a cash outflow from investing activities of CNY 12,067,736.00, compared to CNY 600,000.00 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,195,642,148.67, a decrease of 4.03% from ¥3,329,769,089.24 at the end of the previous year[3] - Total assets as of March 31, 2022, were RMB 3,195,642,148.67, a decrease of 4.0% from RMB 3,329,769,089.24 at the beginning of the year[16] - Total liabilities decreased to RMB 3,055,321,179.93 from RMB 3,195,946,229.28, a reduction of 4.4%[15] Operational Efficiency - The total operating costs for Q1 2022 were RMB 426,074,308.92, down 26.8% from RMB 581,459,264.84 year-on-year[18] - Revenue from sales of goods and services received in Q1 2022 was CNY 362,516,616.18, a decline of 32.7% compared to CNY 538,912,429.20 in Q1 2021[20] - The company incurred a credit impairment loss of CNY -1,562,978.54, which is an improvement from CNY -6,491,920.87 in the previous year[19] Shareholder Returns - The company's basic earnings per share for Q1 2022 was ¥0.030, a decline of 40.00% from ¥0.050 in the same period last year[3] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.030, down from CNY 0.050 in Q1 2021[19] Government Support and Financial Management - The company received government subsidies amounting to ¥27,993.53, reflecting a 3482.58% increase compared to the previous year[7] - Financial expenses decreased by 60.39% to ¥17,079,751.84, attributed to reduced bank loans and discounting of notes[7] - The company reported a significant reduction in financial expenses, which fell to RMB 17,079,751.84 from RMB 43,124,795.13 year-on-year[18] Other Notable Changes - The company reported a significant increase in prepayments, which rose by 345.73% to ¥28,973,504.29 due to business development needs[6] - Short-term borrowings decreased by 29.28% to ¥705,324,292.02, primarily due to a reduction in bank loans[6] - The company completed a share transfer agreement on January 5, 2022, where it acquired 11,240,717 shares at a price of RMB 14.77 per share[11]

证券代码：002789 证券简称：建艺集团 公告编号：2021-076 深圳市建艺装饰集团股份有限公司 关于参加 2021 深圳辖区上市公司投资者网上集体接待日 活动的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市建艺装饰集团股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同 举办的"沟通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者 网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2021 年 11 月 30 日 14:00 至 17:00。届时公司的董事会秘书与财务负责人将通 过网络文字交流形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告 深圳市建艺装饰集团股份有限公司董事会 2021 年 11 月 27 日 1 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥424,451,561.06, a decrease of 30.82% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was ¥8,440,966.08, down 48.92% year-on-year[4]. - The basic earnings per share for Q3 2021 was ¥0.06, reflecting a 50.00% decline compared to the previous year[4]. - The net profit for the year-to-date was ¥24,498,198.29, a decrease of 43.37% compared to the same period last year[9]. - Total operating revenue for the current period is ¥1,522,901,483.96, a decrease of 2.0% from ¥1,558,823,133.34 in the previous period[21]. - Operating profit decreased to ¥30,721,428.46, a decline of 50.1% compared to ¥61,262,619.28 in the previous period[22]. - Net profit for the current period is ¥24,498,198.29, down 43.2% from ¥43,259,006.61 in the previous period[22]. - Basic earnings per share decreased to ¥0.17 from ¥0.32, representing a decline of 46.9%[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,329,457,923.67, showing a slight increase of 0.04% from the end of the previous year[4]. - As of September 30, 2021, the total assets of Shenzhen Jianyi Decoration Group Co., Ltd. amounted to RMB 4,329,457,923.67, showing a slight increase from RMB 4,327,616,275.86 at the end of 2020[16]. - The company's current assets totaled RMB 3,538,259,849.98, a marginal decrease from RMB 3,545,229,644.92 at the end of 2020[16]. - The total liabilities decreased to RMB 3,097,834,643.01 from RMB 3,312,527,378.20 at the end of 2020, indicating a reduction in financial obligations[19]. - The company's long-term borrowings increased by 126.67% to ¥68,000,000.00, attributed to bank loans from a subsidiary[9]. - The company’s long-term borrowings increased to RMB 68,000,000.00 from RMB 30,000,000.00, showing a significant increase of 126.7%[19]. Equity - The total equity attributable to shareholders increased by 21.16% to ¥1,240,042,607.49[5]. - The equity attributable to shareholders of the parent company increased to RMB 1,240,042,607.49 from RMB 1,023,445,245.03 at the end of 2020, reflecting a growth of approximately 21.2%[19]. - The company’s total equity decreased slightly from RMB 1,015,088,897.66 to RMB 1,231,623,280.66, indicating a growth in total equity despite the decrease in total liabilities[19]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥31,408,542.81, an improvement of 91.55% compared to the same period last year[9]. - Cash flow from operating activities showed a net outflow of ¥31,408,542.81, an improvement from a net outflow of ¥371,716,963.78 in the previous period[26]. - Cash and cash equivalents at the end of the period decreased to ¥33,488,614.56 from ¥107,642,404.96, a decline of 68.9%[27]. - The company received cash from sales of goods and services amounting to ¥1,571,586,900.19, an increase of 28.5% from ¥1,222,444,988.90 in the previous period[26]. - Total cash inflow from financing activities was ¥1,793,643,612.33, an increase from ¥1,436,203,168.97 in the previous period[27]. Other Financial Metrics - The company reported a significant increase in prepayments, which rose by 275.15% to ¥29,515,440.15 due to increased construction prepayments[8]. - The company experienced a 55.51% decrease in interest income, totaling ¥2,294,721.95 for the year-to-date[9]. - The company reported a significant increase in financial expenses, with interest expenses rising to ¥94,181,868.51 from ¥78,360,094.02, an increase of 20.2%[22]. - The company completed a private placement of 21,583,514 shares at a price of RMB 9.22 per share, raising a total of RMB 198,999,999.08, with a net amount of RMB 188,922,206.25 after deducting issuance costs[13]. - The cash and cash equivalents decreased to RMB 364,790,220.19 from RMB 445,073,490.74 at the end of 2020, representing a decline of approximately 18.0%[16]. - The accounts receivable increased to RMB 2,186,223,514.96 from RMB 2,042,262,861.80, indicating a rise of about 7.0%[16]. - The company’s inventory rose to RMB 108,061,359.31 from RMB 102,723,756.65, reflecting an increase of approximately 5.2%[16]. Accounting Standards - The company began implementing the new lease accounting standards on January 1, 2021, and did not need to adjust the beginning balance sheet items as it has not engaged in related business activities[28]. - The third quarter report for 2021 was not audited[30].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,098,449,922.90, representing a 16.20% increase compared to CNY 945,306,589.09 in the same period last year[21]. - The net profit attributable to shareholders decreased by 40.32% to CNY 16,120,211.67 from CNY 27,011,083.67 year-on-year[21]. - The net profit after deducting non-recurring gains and losses fell by 49.43% to CNY 15,140,525.28 compared to CNY 29,940,253.11 in the previous year[21]. - The gross profit margin for the decoration engineering business was 16.24%, slightly down from the previous year's 16.63%[46]. - The company reported a basic earnings per share of ¥0.12 for the first half of 2021, down from ¥0.20 in the same period of 2020[154]. - The total profit for the first half of 2021 was ¥20,379,526.42, a decline of 42.6% from ¥35,541,615.72 in the first half of 2020[153]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of CNY 74,221,137.25, a 70.52% reduction from CNY 251,800,622.04 in the same period last year[21]. - The company achieved a significant improvement in cash flow from operating activities, with a net cash flow of CNY -74,221,137.25, an improvement of 70.52% compared to the previous year[42]. - The company reported a 173.98% increase in cash flow from financing activities, totaling CNY 89,237,647.42, due to increased external financing[42]. - Cash inflow from financing activities amounted to 1,408,743,613.25 CNY, with a net cash flow of 89,237,647.42 CNY, contrasting with a net outflow of -120,622,026.59 CNY in the previous period[162]. - The company paid 65,643,394.80 CNY in dividends and interest, compared to 42,735,317.37 CNY in the previous period, indicating an increase in financial obligations[162]. Assets and Liabilities - Total assets increased by 7.10% to CNY 4,634,707,113.17 from CNY 4,327,616,275.86 at the end of the previous year[21]. - Accounts receivable stood at CNY 2.19 billion, accounting for 47.23% of total assets, with a bad debt provision of CNY 473.24 million[64]. - The company's short-term borrowings increased to CNY 1.64 billion, representing 35.29% of total liabilities, up from 31.58% at the end of the previous year[53]. - The debt-to-asset ratio increased to 77.66%, up by 1.12% from the end of the previous year[137]. - Total liabilities amounted to CNY 3,599,488,804.66, up from CNY 3,312,527,378.20, indicating a growth of around 8.7%[145]. Strategic Initiatives - The company plans to maintain a strategy focused on "large customer cooperation" to strengthen existing partnerships and establish new strategic alliances with strong downstream enterprises[28]. - The company plans to improve its customer structure by expanding into sectors such as sports venues, healthcare, and commercial real estate, reducing reliance on the cyclical real estate market[67]. - The management emphasizes a principle of steady development and risk control while adapting to new industry trends and market demand changes[28]. Quality and Risk Management - The company has established a comprehensive quality management system, having obtained ISO9001, ISO14001, and OHSAS18001 certifications since 2003[39]. - The company has not encountered any major quality issues in its projects during the reporting period[33]. - The company is focusing on enhancing its risk control measures in project management to strengthen its resilience against risks[30]. - The company emphasizes strengthening its risk management system by conducting thorough research on clients before undertaking projects, aiming to minimize risks associated with high-risk areas[68]. Shareholder and Equity Information - The company did not plan to distribute cash dividends or issue bonus shares for this period[6]. - The total equity at the end of the reporting period is CNY 1,124,911,503.62, an increase from CNY 1,090,503,241.75 at the beginning of the year, reflecting a growth of approximately 3.16%[179]. - The company reported a profit distribution of CNY -7,178,080.00 to shareholders during the current period[175]. - Liu Haiyun holds 59,950,490 shares, representing 43.43% of total shares, with 44,410,000 shares pledged, which is 74.01% of his holdings[116]. Other Financial Information - The company has not reported any significant contracts or high-risk financial management situations during the reporting period[106]. - The company did not experience any bankruptcy reorganization during the reporting period[87]. - The semi-annual financial report was not audited[86]. - The company has assessed its ability to continue as a going concern and found no issues affecting this capability[198].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 597,901,353.42, representing a 57.97% increase compared to CNY 378,495,394.72 in the same period last year[8] - The net profit attributable to shareholders for Q1 2021 was CNY 6,795,013.42, up 41.49% from CNY 4,802,596.98 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,993,759.36, reflecting a 5.89% increase from CNY 5,660,189.96 year-on-year[8] - The basic earnings per share for Q1 2021 was CNY 0.05, a 66.67% increase from CNY 0.03 in the same period last year[8] - Operating revenue for Q1 2021 was ¥597,901,353.42, a 57.97% increase compared to ¥378,495,394.72 in the same period last year, as the business gradually recovered from the pandemic impact[16] - Total operating revenue for Q1 2021 was CNY 597.90 million, an increase of 58.0% compared to CNY 378.50 million in Q1 2020[37] - Net profit for Q1 2021 was CNY 6.74 million, an increase of 29.5% from CNY 5.20 million in Q1 2020[38] - The company reported a significant increase in research and development expenses, which rose to CNY 18.42 million from CNY 11.73 million, an increase of 57.2%[38] - The net profit attributable to shareholders of the parent company reached CNY 14,694,306.65, up 55.5% from CNY 9,452,260.74 in Q1 2020[42] - Total comprehensive income for the period was CNY 14,694,306.65, an increase from CNY 9,452,260.74 in Q1 2020[42] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,521,187,217.31, which is a 4.47% increase from CNY 4,327,616,275.86 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were CNY 1,033,606,677.53, showing a 0.99% increase from CNY 1,023,445,245.03 at the end of the previous year[8] - Total assets as of March 31, 2021, amounted to CNY 4.54 billion, compared to CNY 4.39 billion at the end of 2020, representing a growth of 3.8%[34] - Total liabilities as of March 31, 2021, were CNY 3.43 billion, an increase of 4.0% from CNY 3.30 billion at the end of 2020[35] Cash Flow - The net cash flow from operating activities for Q1 2021 was -CNY 127,755,125.27, an improvement of 26.08% compared to -CNY 172,839,184.79 in the same period last year[8] - The company generated CNY 561,852,596.69 in cash inflows from operating activities, compared to CNY 416,961,942.53 in the same period last year[45] - Cash inflows from financing activities amounted to CNY 851,221,864.24, compared to CNY 603,843,724.04 in Q1 2020, indicating strong financing support[45] - The net cash flow from financing activities was CNY 72,038,604.99, a significant improvement from -CNY 63,819,301.05 in the previous year[49] - Total cash outflow from operating activities was CNY 701,730,438.76, compared to CNY 596,933,774.70 in the previous period, reflecting an increase of approximately 17.5%[48] Expenses - Research and development expenses rose by 57.02% to ¥18,415,344.57, driven by increased investment in R&D[16] - The company reported a 90.45% increase in financial expenses to ¥43,124,795.13, attributed to higher interest expenses from increased bank loans[16] - Financial expenses rose significantly to CNY 41,341,021.03, compared to CNY 22,670,875.83 in the previous year, primarily due to increased interest expenses[41] - The company’s income tax expense surged by 206.25% to ¥2,001,466.91, correlating with the increase in net profit[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,503[12] - The company's cash and cash equivalents increased by 36.47% to ¥607,410,514.92 from ¥445,073,490.74 due to an increase in bank loan guarantees[16] Other Information - The company received government subsidies amounting to CNY 983,781.38 during the reporting period, primarily related to interest support for the construction decoration design industry[9] - The company did not adjust the opening balance sheet items due to the new leasing standards as it did not engage in related business[50] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[52]

Financial Performance - The company's operating revenue for 2020 was ¥2,269,386,975.71, a decrease of 24.73% compared to ¥3,014,873,284.15 in 2019[18] - The net profit attributable to shareholders was a loss of ¥24,598,702.16, representing a decline of 212.04% from a profit of ¥21,955,318.63 in 2019[18] - The net cash flow from operating activities was negative at ¥341,258,440.91, a decrease of 185.32% compared to ¥399,963,045.33 in 2019[18] - The total assets at the end of 2020 were ¥4,327,616,275.86, down 5.26% from ¥4,567,743,406.88 at the end of 2019[18] - The net assets attributable to shareholders decreased by 13.88% to ¥1,023,445,245.03 from ¥1,188,415,475.71 in 2019[18] - The basic earnings per share for 2020 was -¥0.18, a decline of 212.50% from ¥0.16 in 2019[18] - The company reported a significant increase in accounts receivable, which poses a risk to its financial condition[5] - The company experienced a decline in the turnover rate of accounts receivable, indicating potential liquidity issues[5] - The company has indicated uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[19] - The company reported a total non-operating income of 28.52 million, down from 36.82 million in 2019[25] Cash Flow and Liquidity - Cash and cash equivalents decreased to 445.07 million, a reduction of 34.79% compared to the end of 2019, mainly due to a decrease in net cash flow from operating activities[33] - The company's operating cash inflow decreased by 30.31% to ¥1,755,768,392.07 compared to ¥2,519,321,347.65 in 2019[69] - The net cash flow from operating activities turned negative at -¥341,258,440.91, a decline of 185.32% from the previous year's positive cash flow of ¥399,963,045.33[69] - The net cash flow from operating activities showed a significant discrepancy compared to the net profit for the year, indicating potential liquidity issues[72] - The total amount of cash and cash equivalents decreased by 398.68% to -¥201,684,894.68, primarily due to reduced cash flow from operating activities[71] Revenue Breakdown - The revenue from public decoration was CNY 900,844,932.20, a decrease of 42.42% year-on-year[48] - The revenue from residential decoration was CNY 1,333,518,336.08, showing a decrease of 5.36% compared to the previous year[48] - In 2020, the total revenue from the top five customers amounted to ¥1,291,013,244.05, accounting for 56.89% of the annual total sales[61] - The company's public building decoration business revenue accounted for 39.70%, a year-on-year decrease of 12.20%[96] - The residential decoration business revenue accounted for 58.76%, a year-on-year increase of 12.02%[97] Investment and Assets - The company's fixed assets increased to 123.80 million, up 204.39% from the previous year, primarily due to the completion of the Jianyi Technology Industrial Park project[33] - The company has a total of CNY 3,496,177,398.76 in unfinished projects, with CNY 1,456,240,478.90 recognized as completed[53] - The company has established a comprehensive quality management system, having obtained ISO9001/ISO14001/OHSAS18001 certifications as early as 2003[40] - The total amount of restricted assets reached ¥822,588,416.79, indicating potential financial constraints due to litigation and collateral requirements[79] Research and Development - The company has maintained a high standard of R&D investment and output levels[30] - Research and development expenses decreased by 22.84% to ¥70,992,741.09, down from ¥92,009,979.85 in 2019[67] - The proportion of research and development personnel increased to 30.05%, up from 27.74% in 2019, indicating a focus on enhancing technical capabilities[67] Corporate Governance and Shareholder Commitments - The company has established a sound internal management and control system to protect the rights of shareholders, especially minority shareholders[152] - The company has committed to compensating investors for losses incurred due to false statements in the IPO prospectus[117] - The commitments made by the controlling shareholder and actual controller are being fulfilled normally[117] - The company has not reported any non-compliance with commitments made by shareholders and executives[120] Strategic Focus and Future Plans - The company plans not to distribute cash dividends or issue bonus shares[6] - The company plans to focus on brand influence, project management capabilities, and technological innovation as core competitive strengths, aiming to become a leading comprehensive service provider in the domestic construction decoration industry[94] - The company is actively expanding its customer base beyond real estate to mitigate risks associated with the cyclical nature of the real estate market[102] - The company is exploring potential acquisitions to bolster its market position, with a budget of $G million set aside for this purpose[199] Social Responsibility and Sustainability - The company actively participates in social responsibility initiatives, donating a total of 6.56 million yuan in 2020[157] - The company has invested in energy-saving and environmental protection sectors, reflecting its commitment to sustainable development[156] - The management team emphasized a commitment to sustainability, with plans to invest $I million in eco-friendly initiatives[199]

证券代码：002789 证券简称：建艺集团 公告编号：2020-115 深圳市建艺装饰集团股份有限公司 关于参加 2020 深圳辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市建艺装饰集团股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"诚实守信，做受尊重的上市公司"——2020 深圳辖区上市公司投资 者网上集体接待日活动，现将有关事项公告如下：本次集体接待日活动将在深圳 市全景网络有限公司提供的网上平台，采取网络远程的方式举行，投资者可以登 录"全景•路演天下"网站（http://rs.p5w.net/）或关注微信公众号：全景财经， 参与公司本次投资者集体接待日活动，活动时间为 2020年12月8 日9:00至17:00。 届时公司的副总经理、董事会秘书高仲华先生与财务负责人李小波先生将通 过网络文字交流形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告 深圳市建艺装饰集团股份有限公司董事会 2020 年 12 月 3 日 ...

Financial Performance - Net profit attributable to shareholders was CNY 16,523,611.98, down 52.15% year-on-year[8]. - Operating revenue for the reporting period was CNY 613,516,544.25, a decline of 16.44% compared to the same period last year[8]. - Basic earnings per share were CNY 0.12, down 52.00% compared to the same period last year[8]. - The weighted average return on net assets was 1.36%, a decrease of 1.37% year-on-year[8]. - The company reported a net profit of CNY 495,695,486.87, up from CNY 461,962,415.09, indicating an increase of about 7.3% in retained earnings[33]. - The company’s total comprehensive income for Q3 2020 was CNY 16,523,611.98, down from CNY 34,256,450.70 in Q3 2019[40]. - The total profit for Q3 2020 was CNY 54,698,564.53, a decrease of 42% compared to CNY 95,031,190.98 in Q3 2019[50]. Cash Flow - The net cash flow from operating activities was CNY -119,916,341.74, representing a decrease of 223.50% year-on-year[8]. - Operating cash flow turned negative at -¥371,716,963.78, a decline of 212.79% compared to the previous year, attributed to increased procurement payments and reduced sales collections[18]. - The net cash flow from operating activities was negative at CNY -371,716,963.78, compared to a positive CNY 329,573,850.48 in Q3 2019[52]. - Total cash inflow from operating activities was 1,445,916,300.79 yuan, down 13.0% from 2,149,164,688.09 yuan year-on-year[57]. - The net cash flow from financing activities was -67,933,048.65 yuan, an improvement from -486,513,804.08 yuan in the previous period[57]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,431,920,993.20, a decrease of 2.97% compared to the end of the previous year[8]. - Total liabilities decreased to CNY 3,215,759,306.04 from CNY 3,386,275,440.11, indicating a reduction of about 5%[32]. - The company's total equity increased to CNY 1,216,161,687.16 from CNY 1,181,467,966.77, reflecting an increase of approximately 2.9%[33]. - The company reported a decrease in accounts receivable by CNY 224,686,059.21, from CNY 2,200,271,959.41 to CNY 1,975,585,900.20[64]. - The company’s short-term borrowings increased to CNY 1,491,006,789.97 from CNY 1,468,641,866.43, an increase of approximately 1.8%[32]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,990[12]. - The largest shareholder, Liu Haiyun, holds 43.43% of the shares, with 44,870,000 shares pledged[12]. - The company did not engage in any repurchase transactions during the reporting period[13]. Research and Development - Research and development expenses decreased by 33.77% to ¥47,464,647.95 due to reduced investment amid the COVID-19 pandemic[18]. - Research and development expenses for Q3 2020 were CNY 19,810,379.27, a decrease of 21.2% from CNY 25,170,973.79 in Q3 2019[42]. Other Financial Metrics - The company received government subsidies totaling CNY 3,943,087.22, primarily for loan interest support and R&D funding[9]. - The company reported a credit impairment loss of CNY -20,829,541.94 in Q3 2020, an improvement from CNY -37,519,393.72 in Q3 2019[42]. - The company incurred a credit impairment loss of CNY -44,558,764.83, an improvement from CNY -65,686,532.15 in the previous year[51]. Changes in Financial Reporting - The company adjusted its financial statements in accordance with new revenue and leasing standards, impacting the balance sheet[58]. - The company has implemented new revenue recognition standards effective from January 1, 2020, impacting the financial statements[67]. - The third-quarter report was not audited, indicating that the figures may be subject to change upon final review[68].