编号：2021-002 深圳市郑中设计股份有限公司 投资者关系活动记录表 证券代码：002811 证券简称：郑中设计 债券代码：128066 债券简称：亚泰转债 深圳市郑中设计股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------------|------------------------------------------|------------------------------------------------------| | | | | | | □ √ 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系 | □新闻发布会 □路演活动 | | | 活动类别 | □现场参观 | | | | □其他（请文字说明其他活动内容 | ） | | | 长江证券研究所 | 建筑行业首席分析师：毕春晖 | | 参与单位名称 | 光大保德信基金 | 固收多策略部研究员：华叶舒 | | 及人员姓名 | 前海联合基金 建信理财 研究部：徐鹏展 | 固定收益部研究员：黄浩东 | | | | | | 时间 | 2021 年 10 月 ...

Group 1: Business Performance - In 2021, the new signed design orders amounted to 1.175 billion CNY, along with soft decoration orders of 190 million CNY, representing a year-on-year increase of 26.74% compared to 1.077 billion CNY in the previous year [3] - The second quarter of 2022 is expected to see a decline in new signed orders due to the impact of the pandemic in major cities like Shenzhen, Shanghai, and Beijing [4] Group 2: Project Development and Market Strategy - The company has focused on design-related business development and is cautiously taking on more engineering business orders, adapting to market changes and actively expanding into new sectors such as renewable energy, technology, finance, and consumer industries [4] - The significant revenue growth in the northwest region last year was attributed to increased market development efforts and successful projects like the InterContinental and Huayi Hotels in Xi'an, enhancing the company's influence in that area [4] Group 3: Financial Management and Asset Quality - Asset impairment has been primarily influenced by industry policies and the company's earlier focus on engineering business, with most receivables coming from engineering clients [4] - The company maintains a strict impairment provision standard, reflecting a cautious approach to managing accounts receivable [4] Group 4: Human Resources and Talent Development - The number of designers has increased to over 1,000, primarily located in Shenzhen, Hong Kong, Shanghai, Beijing, and Xi'an, with a strong emphasis on design quality and talent cultivation [4] - The company plans to adjust the scale of its design team based on business volume [5] Group 5: Technology and Innovation - The material platform developed by the company's technology brand "Xizhao Technology" is currently in the trial phase, with nearly 700 suppliers and over 76,000 materials available online, enhancing designers' efficiency [5] - The company aims to add over 100,000 new material varieties this year and will continue to strengthen research and development, leveraging digital and information technology to optimize design workflows [5]

Financial Performance - The company reported a significant increase in revenue, achieving a total of RMB 500 million for the first half of 2022, representing a 20% growth compared to the same period last year[17]. - The company's operating revenue for the first half of 2022 was ¥584,996,593.11, a decrease of 35.10% compared to the same period last year[23]. - The net profit attributable to shareholders was ¥11,622,247.42, down 45.76% year-on-year[23]. - The net cash flow from operating activities was ¥69,178,099.41, representing a decline of 52.90% compared to the previous year[23]. - The basic earnings per share decreased by 50.00% to ¥0.04 from ¥0.08 in the same period last year[23]. - The total comprehensive income for the first half of 2022 was CNY 18.66 million, compared to CNY 19.31 million in the same period of 2021[168]. - The company reported a net profit of 134.532 million yuan, representing a decrease of 16.2% compared to the same period last year[180]. - The total assets of the company reached 2.9 billion yuan, with a year-on-year growth of 6.9%[179]. Market Expansion and Strategy - User data indicates that the company has expanded its client base by 15%, now serving over 1,200 clients across various sectors[17]. - The company has set a future revenue target of RMB 1 billion for the full year 2022, indicating a projected growth rate of 25%[17]. - The company is actively pursuing market expansion, with plans to enter two new regional markets by Q4 2022, aiming for a 10% market share in these areas[17]. - The company plans to expand its market presence by entering two new regions by the end of 2022, aiming for a 15% increase in market share[184]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the market, with a focus on firms that complement its existing services[184]. Product Development and Innovation - New product development includes the launch of a green decoration service, which is expected to contribute an additional RMB 50 million in revenue by the end of 2022[17]. - New product development efforts have led to the launch of three innovative design solutions, contributing to a projected revenue increase of 10% in the next quarter[184]. - The company has allocated 261 million CNY for research and development, which is 2.2% of total revenue, to enhance technological capabilities[184]. Financial Management and Investments - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year, opting to reinvest profits into growth initiatives[6]. - The company reported a net cash outflow from investment activities of ¥-160,613,902.85, an increase of 62.58% compared to ¥-98,793,272.71 in the same period last year[56]. - The company has committed to invest ¥9,351.7 million in the Foshan Nanhai project, with 89.97% of the investment completed by December 31, 2020[77]. - The company aims to improve the efficiency of fund usage and enhance operational capabilities[78]. Risks and Challenges - The company faces risks related to rising labor costs, which have increased by 8% in the past year, potentially impacting profit margins[5]. - The management emphasizes the importance of risk awareness among investors, particularly regarding macroeconomic fluctuations and policy changes in the real estate sector[5]. - The company is facing risks from macroeconomic fluctuations and the impact of the COVID-19 pandemic, which may affect the demand for high-end public building decoration projects[86]. - The company is affected by the cyclical nature of the real estate industry, which has seen a decline in investment from major real estate firms, potentially leading to a decrease in high-end hotel business orders[88]. Corporate Governance and Shareholder Information - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure transparent information disclosure[99]. - There were no changes in the board of directors, supervisors, or senior management during the reporting period[93]. - The total number of shares increased to 272,041,686, with 2,017,998 shares converted from convertible bonds during the reporting period[129]. - The company has implemented a share repurchase program, although specific details on the progress are not disclosed[129]. Awards and Recognition - Cheng Chung Design (CCD) ranked first in the Asia-Pacific region in the "2020 Global Interior Design 100" list published by Interior Design magazine[42]. - The company has received multiple international design awards, including the Red Dot Award and iF Design Award for various projects in 2022[45].

| 证券代码：002811 | 证券简称：郑中设计 | 公告编号：2022-026 | | --- | --- | --- | | 债券代码：128066 | 债券简称：亚泰转债 | | 深圳市郑中设计股份有限公司 深圳市郑中设计股份有限公司 2022 年第一季度报告全文 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。 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） | 302,699,130.77 | 372,541,17 ...

Financial Performance - The company reported a significant increase in user data, reflecting a growing customer base in the architectural decoration industry[5]. - The company's operating revenue for 2021 was CNY 1,904,897,545.49, representing a 0.62% increase compared to CNY 1,893,152,108.65 in 2020[20]. - The net profit attributable to shareholders decreased by 35.61% to CNY 17,659,391.30 in 2021 from CNY 27,426,449.99 in 2020[20]. - The net profit after deducting non-recurring gains and losses was CNY 9,435,948.36, down 30.57% from CNY 13,590,774.70 in the previous year[20]. - The net cash flow from operating activities increased by 63.53% to CNY 309,158,135.05 in 2021, compared to CNY 189,057,674.13 in 2020[20]. - Total assets at the end of 2021 were CNY 2,993,648,119.82, a decrease of 4.05% from CNY 3,119,888,925.81 at the end of 2020[20]. - The net assets attributable to shareholders decreased by 6.29% to CNY 1,495,335,197.60 at the end of 2021 from CNY 1,595,680,663.45 at the end of 2020[20]. - The company reported a negative net profit for the fourth quarter of 2021, amounting to CNY -21,320,694.43[24]. - The company experienced a significant decline in basic and diluted earnings per share, both down 30% to CNY 0.07 in 2021 from CNY 0.10 in 2020[20]. - The total operating revenue for 2021 was CNY 1,904,897,545.49, representing a year-on-year increase of 0.62% compared to CNY 1,893,152,108.65 in 2020[60]. Dividend Policy - The company plans to distribute a cash dividend of 5.00 RMB per 10 shares (including tax) to all shareholders[5]. - The cash dividend distribution represents 100% of the total profit distribution amount, ensuring a consistent and stable profit distribution policy[166]. - The company has maintained a cash dividend policy where the annual cash distribution exceeds 10% of the distributable profits for the year[165]. Market and Industry Conditions - The company faces risks related to policy adjustments in the real estate industry, rising labor costs, and accounts receivable recovery[5]. - Future plans and development strategies are subject to uncertainties due to macroeconomic and market conditions[5]. - The company noted that the design demand in the interior design industry is expected to grow due to increasing customer standards and the expansion of the public building stock market[31]. - The company is adjusting its client structure to reduce reliance on the real estate sector and is actively seeking clients in technology and finance sectors[120]. - The "Three Public Consumption" policy may lead to a cautious investment approach in high-end hotels, affecting the company's business volume in this segment[120]. - The company faces risks from macroeconomic fluctuations and the cyclical nature of the real estate industry, which could impact demand for high-end decoration services[119]. Business Strategy and Development - The company is committed to enhancing its design capabilities through innovative technologies and sustainable practices[5]. - The company is focusing on design-related business development while cautiously taking on more project orders due to the competitive landscape in the construction decoration industry[32]. - The company aims to leverage technology and design trends to enhance its design capabilities and maintain a competitive advantage[45]. - The company is committed to expanding its market presence and enhancing its design strength through continuous improvement and strategic initiatives[45]. - The company aims to improve operational efficiency and drive growth through innovative design solutions and enhanced customer engagement strategies[134]. Research and Development - The company has achieved a total of 148 authorized patents, including utility models and invention patents, emphasizing its commitment to technological research and development[53]. - The company is focusing on sustainable design principles, emphasizing energy efficiency and environmental harmony in its projects[82]. - R&D investment amounted to ¥103,604,332.27 in 2021, a 5.57% increase from ¥98,141,660.80 in 2020, accounting for 5.44% of operating revenue[83]. - The number of R&D personnel increased by 24.40% from 377 in 2020 to 469 in 2021, representing 27.41% of the total workforce[83]. Corporate Governance - The company has established a comprehensive internal management system to ensure compliance with laws and regulations regarding major information management and corporate governance[126]. - The company operates independently from its controlling shareholders in terms of business, assets, personnel, and financial matters, ensuring no conflicts of interest[127]. - The company has a clear and independent financial accounting system, with separate bank accounts and independent tax obligations[129]. - The company has a robust organizational structure with various functional departments that operate independently from its shareholders[128]. - The company has engaged in multiple investor relations activities to discuss its business operations and strategic development[122]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,711, with 1,319 in the parent company and 392 in major subsidiaries[160]. - The professional composition includes 1,116 production personnel, 74 sales personnel, 265 technical personnel, 36 financial personnel, 125 administrative personnel, and 95 others[161]. - The company has established a comprehensive performance evaluation system and salary management mechanism, linking employee development and salary adjustments to performance assessments[162]. - The total remuneration paid to the company's directors, supervisors, and senior management in 2021 amounted to 13.77 million yuan[147]. Legal and Compliance - The company did not experience any penalties or rectification issues during the reporting period[197]. - There were no related party transactions in daily operations during the reporting period[198]. - The company has confirmed that it will continue to fulfill its commitments made during the initial public offering process[185]. - The company has a clear policy regarding the transfer of shares by its directors and senior management, limiting annual transfers to 15% of their total holdings[184]. Project Management and Investment - The company has reported a total investment commitment of CNY 102,954.8 million, with CNY 9,529.66 million utilized and CNY 96,980.60 million remaining as of December 31, 2021[102]. - The company decided to terminate the Guangdong-Macao Traditional Chinese Medicine Industrial Park project due to prolonged fundraising and market conditions, reallocating the remaining funds to enhance operational efficiency[102]. - The company aims to improve the efficiency of fundraising utilization and avoid idle funds[102]. - The company has paused the Zunyi Sheraton Hotel decoration project due to significant changes in the feasibility of the project, influenced by the real estate market environment[102].

证券代码：002811 证券简称：郑中设计 公告编号：2021-068 债券代码：128066 债券简称：亚泰转债 深圳市郑中设计股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造良好生态" 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信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市郑中设计股份有限公司（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。 届时公司副总经理兼董事会秘书王小颖女士、副总经理兼财务总监罗桂梅女 士将通过网络文字交流形式与投资者进行沟通。 欢 ...

深圳市郑中设计股份有限公司 2021 年第三季度报告 | 证券代码：002811 | 证券简称：郑中设计 | 公告编号：2021-065 | | --- | --- | --- | | 债券代码：128066 | 债券简称：亚泰转债 | | 深圳市郑中设计股份有限公司 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 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 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2021, representing a 20% growth compared to the same period in 2020[16]. - The company's operating revenue for the first half of 2021 was ¥901,446,895.68, an increase of 6.88% compared to the same period last year[21]. - The net profit attributable to shareholders was ¥21,428,811.06, representing a growth of 14.93% year-over-year[21]. - The net cash flow from operating activities surged by 217.38% to ¥146,872,149.05 compared to the previous year[21]. - The company's revenue for the reporting period reached ¥901,446,895.68, representing a year-on-year increase of 6.88% compared to ¥843,451,282.85 in the previous year[51]. - The company's total profit for the first half of 2021 was CNY 25,691,331.66, up from CNY 23,389,656.43 in the same period of 2020, reflecting an increase of about 9.9%[156]. - The company's net profit for the first half of 2021 was CNY 21,094,752.63, compared to CNY 18,378,987.03 in the first half of 2020, reflecting an increase of about 9.3%[157]. Market Expansion and Strategy - The company has outlined a future outlook projecting a revenue growth of 25% for the second half of 2021, driven by new project acquisitions and market expansion strategies[16]. - The company is actively pursuing market expansion, targeting new regions in Southeast Asia, with plans to establish a local office by the end of 2021[16]. - A strategic acquisition of a local design firm is in progress, expected to enhance the company's service offerings and market presence[16]. - The company continues to focus on brand development and has seen further growth in its sub-brands[34]. - The company has introduced new brands such as "Fish Eye" and "Ju Cheng," expanding into wellness, dining, and high-end leisure spaces, while also gaining recognition in commercial office projects[37]. Investment and Development - Investment in new product development has increased by 30%, with a focus on integrating advanced technologies such as BIM (Building Information Modeling) into design processes[16]. - The subsidiary Xi Zhao Technology has launched a material platform with over 500 suppliers and more than 8,000 types of materials, enabling online material book generation and sample requests[35]. - The company holds a total of 118 authorized patents, including utility models and invention patents, emphasizing its commitment to technology research and development[47]. - The company has implemented BIM technology in its projects, enhancing its design capabilities and innovation[47]. Risks and Challenges - The company has identified potential risks including rising labor costs and receivables collection challenges, which may impact future performance[5]. - The company is facing risks from macroeconomic fluctuations and the impact of the COVID-19 pandemic on the high-end public building decoration market[76]. - The design industry is talent-intensive, and the company faces risks of talent loss due to increasing competition for skilled professionals[79]. - Future changes in tax incentive policies could adversely affect the company's operating performance if it no longer qualifies for these benefits[78]. Corporate Governance and Shareholder Relations - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure transparent information disclosure[87]. - The company held two shareholder meetings during the reporting period, with investor participation rates of 70.93% and 70.94%[82]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[84]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[92]. Awards and Recognition - The company has received multiple awards for its design projects, enhancing its brand reputation in the industry[34]. - Cheng Chung Design (CCD) ranked first in the Asia-Pacific region in the "2020 Global Interior Design Top 100" list published by Interior Design magazine[36]. - CCD has been recognized by over 50 international hotel brands, enhancing its design capabilities and project reach across Greater China, Southeast Asia, and Europe and the United States[38]. - The company received multiple international design awards in 2021, including the Red Dot Award and MUSE Design Awards, showcasing its design excellence[39]. Financial Position and Assets - Total assets at the end of the reporting period were ¥2,968,367,799.75, a decrease of 4.86% from the previous year[21]. - The total liabilities decreased from CNY 191,946,437.50 to CNY 88,064,636.50, a reduction of 3.18%[61]. - The company's asset-liability ratio was 48.86% at the end of the reporting period, an increase of 0.32% compared to the end of the previous year[141]. - The total current assets were reported at 2,425,058,919.90 CNY, down from 2,588,378,887.47 CNY at the end of the previous year[148]. Cash Flow and Liquidity - The cash flow from operating activities was CNY 1,047,227,236.24, compared to CNY 943,734,411.27 in the first half of 2020, showing an increase of approximately 11%[164]. - The net cash flow from operating activities for the first half of 2021 was CNY 146,872,149.05, a significant increase from CNY 46,276,273.51 in the same period of 2020, representing a growth of 216.5%[165]. - Cash and cash equivalents decreased to CNY 486,630,449.20 from CNY 695,517,426.88, indicating a potential liquidity concern[152]. - The ending balance of cash and cash equivalents was CNY 523,223,561.66, down from CNY 744,703,462.24 at the end of the first half of 2020, a decrease of 29.7%[166].

深圳市郑中设计股份有限公司 2021 年第一季度报告全文 深圳市郑中设计股份有限公司 2021 年第一季度报告 2021 年 04 月 1 深圳市郑中设计股份有限公司 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。 公司负责人郑忠、主管会计工作负责人刘云贵及会计机构负责人(会计主管 人员)罗桂梅声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市郑中设计股份有限公司 2021 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） | 372,541,177.50 | 384,850,264.40 | -3.20% | | 归属于上市公司股东的净利润（元） | 17,040,98 ...

Dividend Distribution - The company plans to distribute a cash dividend of 4 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[6]. - The company has established a cash dividend policy, committing to distribute over 10% of its distributable profits annually, with a planned cash dividend of 4 yuan per 10 shares for the 2020 fiscal year, totaling approximately 108 million yuan[138]. - The cash dividend amount for 2020 was CNY 108,007,662.40, with no dividends distributed in other forms such as share buybacks[141]. - The total distributable profit for the company was CNY 428,528,760.91, with the cash dividend accounting for 0% of the total profit distribution[141]. - The company’s profit distribution or capital reserve transfer plan requires a minimum of 20% of cash dividends in future distributions[141]. Financial Performance - The company's operating revenue for 2020 was CNY 1,893,152,108.65, a decrease of 24.62% compared to CNY 2,511,416,237.22 in 2019[18]. - The net profit attributable to shareholders for 2020 was CNY 27,426,449.99, down 79.42% from CNY 133,283,868.10 in 2019[18]. - The basic earnings per share for 2020 was CNY 0.10, a decline of 79.59% from CNY 0.49 in 2019[18]. - The net profit attributable to the parent company's ordinary shareholders for 2020 was CNY 108,007,662, representing a significant increase of 393.81% compared to 2019[140]. - The total revenue for the company was CNY 1,893,152,108, with a year-on-year decrease of 24.62%[85]. Business Operations and Strategy - The company operates in the architectural decoration industry, which is subject to fluctuations due to external economic factors[6]. - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[6]. - The company has a comprehensive service model that integrates design, engineering, and supporting services[11]. - The company is committed to high-quality, low-carbon decoration activities based on environmental sustainability[11]. - The company focuses on original design services, with project acquisition primarily through brand reputation and competitive bidding[36]. Market and Industry Trends - The interior design industry in China is projected to grow at an annual rate of approximately 12%, with an estimated market size of around 467.5 billion RMB by 2024[29]. - The number of enterprises in the Chinese construction decoration market has decreased from 145,000 in 2011 to 125,000 in 2018, indicating increased industry concentration[30]. - The COVID-19 pandemic negatively impacted the company's overall business, prompting a strategic shift to emphasize design services[31]. - The company anticipates continued growth in the residential decoration market driven by urbanization and rising consumer income levels[124]. Risk Factors - The company faces risks from policy adjustments in the real estate industry, rising labor costs, and management challenges due to rapid growth[6]. - The cyclical nature of the real estate industry, influenced by government regulations, may negatively affect the company's business as major clients reduce investments in high-end projects[130]. - The company is facing risks from macroeconomic fluctuations and the pandemic, which could impact demand for high-end public building decoration projects, particularly in the hotel and real estate sectors[129]. Project Management and Quality Control - The company maintains a quality control system certified by ISO9001:2008, ISO14001:2004, and GB/T28001-2011, ensuring strict supervision and control over all business processes[49]. - The project management team is composed of various roles including project manager, material staff, safety officer, quality officer, and financial personnel, ensuring comprehensive project oversight[45]. - The company adheres to a self-operated policy without subcontracting, minimizing risks related to quality, safety, and finance[46]. - The company offers a warranty period of 2-5 years for completed projects, providing free repairs for quality issues arising within this timeframe[48]. Research and Development - Research and development expenses were ¥98,141,660.80, which is 5.18% of operating revenue, up from 3.90% in the previous year[98]. - The number of R&D personnel decreased to 377, but their proportion of total employees increased to 23.00%[98]. - The company has developed a range of proprietary technologies and designs, evidenced by its extensive patent portfolio[71]. Corporate Governance - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure fair information disclosure[175]. - The company confirmed that all commitments made by major shareholders and management were fulfilled during the reporting period[144]. - The company has not engaged in any significant contracts or entrusted loans during the reporting period[173][172]. Awards and Recognition - Cheng Chung Design (CCD) ranked first in the Asia-Pacific region in the "2020 Global Interior Design Top 100" list and third globally in the "2019 Global Hotel Design Top 100" list[27]. - CCD was recognized as one of the "Top 500 Most Valuable Brands in China" in 2020, marking its first appearance on the list as a design brand[62]. - The company received multiple international design awards in 2020, including the Gold Award at the 2020 WIN Awards for its Shenzhen headquarters office[63]. Shareholder Information - The total share capital increased from 180,002,965 shares to 270,019,156 shares due to a 5-for-10 bonus share issuance and the conversion of 11,102 convertible bonds[182]. - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., holds 47.24% of the shares, totaling 127,554,750 shares[187]. - The company reported a total of 14,149 shareholders at the end of the reporting period, an increase from 14,131 in the previous month[187].