证券代码：002811 证券简称：郑中设计 公告编号：2020-084 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 2020 深圳辖区"诚实守信，做受尊重的上市公司" 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"高质量发展 做受尊敬的上市公司"——2020 深圳辖区"创业创新"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兼董事会秘书王小颖女士、副总经理兼财务总监刘云贵 先生将通过网络文字交流形式与投资者进行沟 ...

Financial Performance - Operating revenue for the reporting period was CNY 478,357,516.63, down 23.15% year-on-year, and CNY 1,321,808,799.48 for the year-to-date, down 20.50% compared to the same period last year[7] - Net profit attributable to shareholders was CNY 17,579,294.13, a decline of 59.79% year-on-year, and CNY 36,224,125.68 for the year-to-date, down 62.55% compared to the same period last year[7] - Basic earnings per share for the reporting period were CNY 0.06, a decrease of 62.50% year-on-year, and CNY 0.13 for the year-to-date, down 63.89% compared to the same period last year[7] - Total operating revenue for Q3 2020 was CNY 478,357,516.63, a decrease from CNY 622,484,237.88 in the same period last year[42] - Net profit for Q3 2020 was CNY 17,142,220.57, compared to CNY 43,020,478.89 in Q3 2019, representing a decline of approximately 60%[44] - The company reported a decrease in sales revenue from ¥1,593,420,224.30 in the previous period to ¥1,445,803,952.03, reflecting a decline of about 9.3%[62] Cash Flow - The net cash flow from operating activities was CNY 72,940,536.83, an increase of 12.20% year-on-year, and CNY 119,216,810.34 for the year-to-date, a significant increase of 3,229.92% compared to the same period last year[7] - The net cash flow from operating activities increased by 3230% to 119,216,810.34, attributed to improved management of customer and supplier payments[15] - Cash flow from operating activities generated a net amount of CNY 119,216,810.34, a significant increase from CNY 3,580,171.09 in Q3 2019[60] - The net cash flow from financing activities decreased by 159% to -189,494,840.18 due to the issuance of convertible bonds in the same period last year[15] - The net cash flow from financing activities was CNY -189,494,840.18, a decrease from CNY 323,065,624.51 in the same period last year[61] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,120,713,052.20, a decrease of 8.82% compared to the end of the previous year[7] - The company's total current assets decreased to CNY 2,608,752,473.73 from CNY 2,889,882,636.09, reflecting a reduction of about 9.7%[33] - The total liabilities decreased to CNY 1,502,327,349.36 from CNY 1,787,466,481.53, a reduction of approximately 15.9%[35] - The company's equity attributable to shareholders decreased slightly to CNY 1,608,199,077.08 from CNY 1,624,329,887.70, a decline of about 1.0%[36] - The company's total equity stood at approximately CNY 1.50 billion, reflecting a stable financial position[73] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,584[11] - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., held 47.24% of the shares, amounting to 127,554,750 shares, with 35,400,600 shares pledged[11] - The company did not engage in any repurchase transactions during the reporting period[12] Government Support and Investments - The company received government subsidies amounting to CNY 8,828,855.53 during the reporting period[8] - Investment income surged by 902% to 3,143,244.13, mainly due to increased financial investment returns[15] - The company plans to issue non-public A-shares, with the proposal approved by the board and shareholders[16] Compliance and Regulatory Matters - The company received a feedback notice from the China Securities Regulatory Commission regarding its non-public stock issuance application, requiring a written response within 30 days[17] - The company reported no overdue receivables or non-compliance with external guarantees during the reporting period[26][27] - The company has not engaged in any non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[27] Research and Development - Research and development expenses for the current period are 24,927,055.04, slightly lower than 27,247,772.47 in the previous period[47] - Research and development expenses increased to CNY 74,532,342.77, up 14.5% from CNY 64,989,680.49 in the previous year[55] Other Financial Metrics - The weighted average return on net assets was 1.10%, down 1.69% year-on-year, and 2.21% for the year-to-date, down 4.52% compared to the same period last year[7] - The company reported a significant decrease in prepayments by approximately CNY 114.43 million[72] - The company experienced a credit impairment loss of -27,998,319.24, compared to -7,915,147.82 in the previous period, indicating a significant increase in losses[48]

Corporate Structure and Governance - The company underwent a name change from "Shenzhen Yatai International Construction Co., Ltd." to "Shenzhen Cheng Chung Design Co., Ltd." on May 8, 2020[18]. - The stock code remains unchanged at "002811" following the name change[18]. - The company has a total of 100% ownership in several subsidiaries, including Cheng Chung Design (H.K.) Limited and Cheng Chung Design (USA) Limited[10]. - The company’s legal representatives and financial officers have confirmed the accuracy and completeness of the financial report[4]. - The company’s board of directors has fully attended the meeting to review the report, ensuring governance compliance[5]. Financial Performance - The company's operating revenue for the current period is ¥843,451,282.85, a decrease of 18.91% compared to the same period last year[19]. - The net profit attributable to shareholders for the current period is ¥18,644,831.55, down 64.83% year-over-year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is ¥15,533,872.76, a decline of 67.79% compared to the previous year[19]. - The net cash flow from operating activities is ¥46,276,273.51, a significant improvement from a negative cash flow of ¥79,491,844.79 in the same period last year[19]. - The total assets at the end of the current period amount to ¥3,256,368,240.26, a decrease of 4.86% from the end of the previous year[19]. - The net assets attributable to shareholders at the end of the current period are ¥1,598,690,288.60, down 1.58% from the previous year[19]. Market Position and Strategy - The company emphasizes its focus on integrated decoration services, including design, construction, and supporting services[11]. - The company aims to enhance its market presence through strategic partnerships and expansions in various regions, including Hong Kong and the Philippines[10]. - The company plans to adjust its development strategy in response to national policies and market demands to enhance its competitiveness and market share[29]. - The company maintains a leading position in the high-end hotel decoration sector, ranking first in the Asia-Pacific region in the "2020 Global Interior Design Top 100" list[26]. - The company has expanded its business into high-end residential, luxury office buildings, and commercial complexes, leveraging its strong brand presence in the high-end hotel sector[43]. Research and Development - The company is committed to sustainable design practices, focusing on low-carbon decoration activities[11]. - The company strengthened its design R&D capabilities, focusing on technology utilization, functional space layout, and design trend exploration[37]. - The company emphasizes technological research and development, applying BIM technology and securing multiple patents and software copyrights to enhance its design capabilities[44]. - The company holds a total of 85 authorized patents, including utility models and invention patents[45]. - The company is actively pursuing research and development in smart home technologies, as evidenced by its software registrations[47]. Financial Management and Investments - The company plans to launch a non-public offering of A-shares to expand financing channels and enhance competitive strength[51]. - The total amount of raised funds was ¥102,954.8 million, with ¥6,402.79 million invested during the reporting period and a cumulative investment of ¥81,719.38 million[69]. - The company has not engaged in any securities or derivative investments during the reporting period[66][67]. - The company has not sold any major assets or equity during the reporting period[80][81]. - The company has not engaged in any related party transactions during the reporting period[105]. Legal and Compliance Issues - The company is involved in a lawsuit with a total claim amount of 60.92 million yuan regarding a construction contract, with the court supporting the company's request for payment[96]. - Another ongoing lawsuit involves a claim of 10.93 million yuan from Tianjin Desheng Hotel Management Co., with the company seeking to recover engineering fees and related costs[97]. - The company has a total of 184.36 million yuan in ongoing litigation cases, with some already executed and not significantly impacting the company's operations[98]. - The half-year financial report has not been audited[93]. Shareholder Information - The total share capital increased from 180,002,965 shares to 270,016,094 shares due to a capital reserve conversion of 8,040 shares and a stock distribution of 5 shares for every 10 shares held[127]. - The company approved a profit distribution plan on May 20, 2020, which included a cash dividend of 3.00 RMB per 10 shares and a stock increase of 5 shares for every 10 shares held[128]. - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., held 47.24% of the shares, totaling 127,554,750 shares, with an increase of 42,518,250 shares during the reporting period[132]. - The total number of restricted shares at the end of the reporting period was 26,479,405 shares, with an increase of 8,826,468 shares during the reporting period[130]. Risk Factors - The company faces risks from macroeconomic fluctuations and the impact of the COVID-19 pandemic on the high-end public building decoration industry[83]. - The real estate industry's cyclical fluctuations may negatively affect the company's business, particularly in high-end hotel and residential projects[84]. Financial Ratios and Metrics - The company reported a current ratio of 215.45% as of June 30, 2020, an increase of 10.65% compared to the previous year[148]. - The debt-to-asset ratio improved to 50.58%, down by 1.65% from the previous year[148]. - The quick ratio increased to 206.79%, reflecting an 11.89% rise compared to the previous year[148]. - The EBITDA interest coverage ratio decreased to 4.90, down 142.72% from the previous year[148]. Environmental and Social Responsibility - There were no significant environmental protection issues reported, and the company is not classified as a key pollutant discharge unit by environmental authorities[121]. - The company has not initiated any poverty alleviation programs during the reporting period and has no plans for future initiatives[122].

Dividend and Capital Management - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares (including tax) to all shareholders[4]. - The company will increase its capital reserve by converting 5 shares for every 10 shares held[4]. - The company plans to distribute cash dividends of approximately 54 million RMB for the 2019 fiscal year, with a proposed distribution of 3 RMB per 10 shares[139]. - The company has consistently maintained a cash dividend policy, distributing over 10% of the available profit each year since its listing[138]. - The profit distribution plan includes a cash dividend of CNY 3 per 10 shares (tax included) based on a total share capital of 180,002,965 shares as of December 31, 2019[144]. - The company plans to increase capital by 5 shares for every 10 shares held, with no bonus shares distributed[144]. - The remaining undistributed profits will be carried forward to the next fiscal year[144]. Financial Performance - The company's operating revenue for 2019 was ¥2,511,416,237.22, representing a 9.17% increase from ¥2,300,545,769.07 in 2018[18]. - The net profit attributable to shareholders for 2019 was ¥133,283,868.10, a 16.67% increase compared to ¥114,240,272.87 in 2018[18]. - The net cash flow from operating activities improved significantly to ¥159,836,725.87 in 2019 from a negative ¥23,924,646.71 in 2018, marking a change of -768.08%[18]. - The total assets at the end of 2019 were ¥3,422,701,650.41, which is a 23.34% increase from ¥2,774,995,591.49 at the end of 2018[19]. - The net assets attributable to shareholders increased by 15.94% to ¥1,624,329,887.70 at the end of 2019 from ¥1,401,034,179.82 at the end of 2018[19]. - The basic earnings per share for 2019 was ¥0.74, up 17.46% from ¥0.63 in 2018[18]. - The company achieved a revenue of CNY 2.511 billion in 2019, representing a year-on-year increase of 9.17%[78]. - The net profit attributable to shareholders was around CNY 133 million, reflecting a year-on-year growth of 16.67%[78]. Business Operations and Strategy - The company operates in the construction decoration industry, which is subject to fluctuations due to external economic factors[4]. - The company has a comprehensive business model that integrates design, construction, and supporting services[11]. - The company is committed to green decoration practices, focusing on low-carbon activities that enhance quality of life[11]. - The company aims to enhance its market share by adjusting its development strategy in response to national policies and industry trends[32]. - The "Belt and Road" initiative and the Guangdong-Hong Kong-Macao Greater Bay Area construction are expected to provide long-term benefits to the construction decoration industry[32]. - The company has established a project evaluation process involving multiple departments to assess project feasibility and risks before project initiation[44]. - The company has a diverse portfolio, providing services to over 50 international brands across Greater China, Southeast Asia, and Europe and the United States[63]. - The company has undertaken design projects in overseas markets such as Myanmar, Sri Lanka, the Philippines, and Vietnam, aligning with the national Belt and Road Initiative to create more business opportunities[68]. Risk Management - The company faces risks from policy adjustments in the real estate industry, rising labor costs, and management challenges due to rapid growth[4]. - The company emphasizes the importance of risk awareness regarding future plans and strategic developments[4]. - The company anticipates risks from macroeconomic fluctuations and the impact of the COVID-19 pandemic on the construction industry[131]. - The company aims to enhance its internal risk management mechanisms to mitigate challenges faced in overseas operations[134]. Research and Development - The company has increased its R&D personnel by 39.01% to 392, with R&D investment rising by 6.08% to ¥98,050,343.94, representing 3.90% of operating revenue[103]. - The company is focusing on increasing R&D investment to maintain its status as a high-tech enterprise and mitigate potential impacts from tax policy changes[134]. - The company is actively pursuing research and development in smart home technologies, as evidenced by the introduction of an indoor environment monitoring system[72]. - The company emphasizes technological research and development, holding 79 authorized patents, including utility models and invention patents, and has developed proprietary knowledge through various intellectual property rights[69]. Market Presence and Expansion - The company has set up branches in nearly 100 major cities across China, including Nanjing, Shanghai, and Beijing, improving its marketing network and local market penetration[68]. - The company plans to continue expanding its overseas market presence, having established subsidiaries in Hong Kong, Macau, and Southeast Asia[88]. - The company is focusing on the EPC model, which integrates design and construction, to improve project execution and client satisfaction[130]. - The company plans to expand its market presence in high-end public building decoration, targeting sectors such as luxury hotels and high-quality residential projects[128]. 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[28]. - The company was recognized as one of the top 500 Asian brands by the World Brand Lab during the reporting period[28]. - The company has received multiple prestigious awards, including the A&D Trophy Awards 2019 for best residential design and the Gold Key Awards for luxury hotel design, highlighting its competitive edge in the industry[63]. - CCD was recognized as one of Asia's top 500 brands by the World Brand Lab, further solidifying its market position[64]. Corporate Governance - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure fair information disclosure[178]. - The company has a commitment to ensure that the entire set of documents for the initial public offering does not contain false records or omissions[147]. - The company has no non-operating fund occupation by major shareholders or related parties during the reporting period[149]. - The company has not initiated any poverty alleviation programs during the reporting period and has no plans for future initiatives[180].

Financial Performance - The company's operating revenue for Q1 2020 was ¥384,850,264.40, a decrease of 21.47% compared to ¥490,067,612.53 in the same period last year[8] - Net profit attributable to shareholders was ¥12,592,602.37, down 47.06% from ¥23,786,840.23 year-on-year[8] - Basic and diluted earnings per share were both ¥0.07, representing a decrease of 46.15% from ¥0.13 in the same period last year[8] - Operating revenue decreased by 21.47% to ¥384,850,264.40 from ¥490,067,612.53 due to the impact of the pandemic[17] - The net profit for Q1 2020 was CNY 14,287,906, down 37% from CNY 22,520,426 in Q1 2019[48] - The total comprehensive income for the period was CNY 14,287,906, a decrease of 37% from CNY 22,520,426 in the previous year[49] Cash Flow - The net cash flow from operating activities was -¥40,303,142.44, a significant decline of 16,800.12% compared to ¥241,334.48 in the previous year[8] - Net cash flow from operating activities dropped significantly by 16,800.12% to -¥40,303,142.44 from ¥241,334.48, primarily due to a decline in engineering revenue caused by the pandemic[18] - The cash flow from operating activities showed a net outflow of CNY 40,303,142.44, compared to a net inflow of CNY 241,334.48 in the same period last year[52] - The company reported a net decrease in cash and cash equivalents of -307,665,265.05 CNY for the quarter, compared to -95,297,012.33 CNY in the previous year[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,264,585,554.23, down 4.62% from ¥3,422,701,650.41 at the end of the previous year[8] - Total assets decreased to CNY 3,202,016,809.81 from CNY 3,333,276,492.41[39] - Total liabilities decreased to CNY 1,689,478,404.73 from CNY 1,837,302,697.79[40] - Current assets decreased to CNY 2,618,720,384.27 from CNY 2,748,977,359.97[37] - Total liabilities stood at 1,787,466,481.53 CNY, with no change from the previous year[60] Investments and Expenses - The company received government subsidies amounting to ¥3,253,192.61 during the reporting period[9] - Financial expenses increased by 209.40% to ¥9,690,696.23 from ¥3,132,096.29, attributed to the recognition of convertible bond interest[17] - Research and development expenses for Q1 2020 were CNY 16,951,197.16, slightly down from CNY 17,137,919.09 in the previous year[47] - The total cash outflow from investing activities was CNY 361,672,708.85, compared to CNY 4,154,261.46 in the same period last year, indicating a significant increase in investment activities[53] Equity and Shareholder Information - The company's net assets attributable to shareholders increased by 0.82% to ¥1,637,706,127.19 from ¥1,624,329,887.70 at the end of the previous year[8] - Total equity attributable to shareholders increased to CNY 1,637,706,127.19 from CNY 1,624,329,887.70[39] - The company granted 90,000 stock options to an incentive target at an exercise price of ¥15.19 per share as part of its stock option incentive plan[20] Regulatory and Operational Changes - The company has implemented new revenue and leasing standards starting from 2020, which may impact future financial reporting[57] - The company is focusing on improving cash flow management and reducing operational costs in response to the current financial challenges[56]

Financial Performance - Net profit attributable to shareholders was ¥43,717,461.02, reflecting a growth of 30.35% year-on-year[7] - Operating revenue for the period was ¥622,484,237.88, representing a 22.70% increase compared to the same period last year[7] - Basic earnings per share increased by 26.32% to ¥0.24, while diluted earnings per share rose by 36.84% to ¥0.26[7] - The company reported a net profit increase, with retained earnings rising to CNY 576,661,240.01 from CNY 520,065,396.46, an increase of approximately 10.9%[30] - Net profit for the current period was ¥43,020,478.89, representing a 28.25% increase from ¥33,532,449.70 in the previous period[38] - The total profit for the current period was ¥51,315,392.60, an increase of 28.73% from ¥39,792,258.93 in the previous period[38] - Net profit for the period was ¥95,773,681.67, representing a 21.7% increase from ¥78,719,861.38 in the same period last year[46] - The total profit for the period was ¥114,960,554.78, an increase from ¥92,266,941.41 in the prior period, marking a growth of 24.6%[46] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,251,807,601.50, an increase of 17.18% compared to the end of the previous year[7] - Current liabilities decreased to CNY 1,285,416,436.90 from CNY 1,344,383,727.93, a reduction of about 4.4%[29] - Non-current liabilities rose significantly to CNY 370,077,519.95 from CNY 29,612,858.97, indicating a substantial increase[29] - Owner's equity totaled CNY 1,596,313,644.65, compared to CNY 1,400,999,004.59, reflecting an increase of approximately 13.9%[30] - Total liabilities increased to CNY 1,655,493,956.85 from CNY 1,373,996,586.90, reflecting a growth of about 20.5%[29] - Total assets increased to CNY 3,251,807,601.50, up from CNY 2,774,995,591.49, representing a growth of approximately 17.1% year-over-year[28] Cash Flow - The net cash flow from operating activities was ¥83,072,015.88, showing a decrease of 9.51% compared to the previous year[7] - The net cash flow from operating activities improved significantly, reaching CNY 3,580,171.09, a turnaround from a negative CNY 36,402,007.35 in the previous year[15] - Operating cash inflow totaled CNY 1,705,186,642.80, an increase from CNY 1,535,872,357.72 in the previous period, reflecting a growth of approximately 11%[54] - Cash inflow from financing activities reached CNY 910,863,866.73, compared to CNY 436,933,765.80 in the previous period, marking an increase of over 108%[55] - The net increase in cash and cash equivalents for the period was CNY 147,791,643.90, contrasting with a decrease of CNY 196,321,296.15 in the prior period[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,805[11] - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., held 47.24% of the shares, amounting to 85,036,500 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Government Subsidies - The company received government subsidies amounting to ¥6,641,582.11 during the reporting period[8] - The company received government subsidies amounting to CNY 6,641,582.11, marking a 7822.43% increase compared to the previous year[15] Research and Development - Research and development expenses rose to ¥27,612,715.49, a 21.00% increase compared to ¥22,779,219.49 in the previous period[37] - Research and development expenses increased to ¥66,334,421.44, up 19.1% from ¥55,713,672.50 in the prior period[44] Financial Expenses - Financial expenses surged by 69.24% to CNY 31,202,731.77, primarily due to costs associated with issued bonds[15] - Financial expenses increased to ¥12,490,512.84, up 12.38% from ¥11,110,103.40 in the prior period, with interest expenses contributing significantly[37] - The company reported a significant increase in financial expenses, totaling ¥31,202,731.77, compared to ¥18,436,680.55 in the previous period, reflecting a rise of 69.0%[44] Investment Activities - The company has invested CNY 16,500,000 in bank wealth management products using idle raised funds, with no overdue amounts reported[23] - The company reported an investment loss of ¥35,861.13, contrasting with a gain of ¥329,095.89 in the previous period[37] - The company reported an investment income of ¥313,749.78, a decrease from ¥1,630,863.02 in the previous period[46] Audit and Reliability - The third quarter report was not audited, which may affect the reliability of the financial data presented[69]

深圳市亚泰国际建设股份有限公司 2019 年半年度报告全文 深圳市亚泰国际建设股份有限公司 2019 年半年度报告 2019 年 08 月 1 深圳市亚泰国际建设股份有限公司 2019 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 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：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 | 2 | | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | 6 | | 第三节 | 公司业务概要 | 9 | | 第四节 | 经营情况讨论与分析 | 21 | | 第五节 | 重要事项 | 33 | | 第六节 | 股份变动及股东情况 | 39 | | 第七节 | 优先股相关情况 | 43 | ...

证券代码：002811 证券简称：亚泰国际 公告编号：2019-058 债券代码：128066 债券简称：亚泰转债 深圳市亚泰国际建设股份有限公司 关于参加 2019 年深圳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，深圳市亚泰国际建设股份有限公司 （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"改革创新发展，沟通互信共赢"——深圳辖区上市公司 2019 年度投 资者网上集体接待日主题活动，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 2019 年 9 月 3 日 14:00 至 18:00。 届时公司的副总经理兼董事会秘书王小颖女士、副总经理兼财务总监刘云贵 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。 ...

Financial Performance - The company's operating revenue for Q1 2019 was ¥490,067,612.53, representing an increase of 8.09% compared to ¥453,396,166.29 in the same period last year[7] - Net profit attributable to shareholders was ¥23,786,840.23, up 22.75% from ¥19,378,433.56 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥21,209,283.80, reflecting a 14.48% increase from ¥18,527,111.88 in the previous year[7] - Basic earnings per share rose to ¥0.13, an increase of 18.18% from ¥0.11 in the previous year[7] - The company's net profit for Q1 2019 was not explicitly stated, but the increase in retained earnings was CNY 22,520,426.16, from CNY 400,419,876.28 to CNY 422,940,302.44[30] - The net profit for Q1 2019 reached CNY 23,775,373.84, representing a growth of 22.4% from CNY 19,372,479.53 in Q1 2018[34] - The total profit for Q1 2019 was CNY 29,242,139.95, up from CNY 23,800,026.96 in the previous year, reflecting a growth of 22.7%[34] Cash Flow - The net cash flow from operating activities significantly decreased to ¥241,334.48, a decline of 99.44% compared to ¥43,170,889.84 in the same period last year[7] - Net cash flow from operating activities decreased by 99% to ¥241,334.48, mainly due to increased operating costs[14] - The net cash flow from operating activities for Q1 2019 was 9,596,927.62 CNY, a decrease of 79.5% compared to 46,529,258.15 CNY in the previous year[45] - Total cash inflow from operating activities was 566,293,139.33 CNY, down from 611,971,051.94 CNY, reflecting a decline of approximately 7.5%[45] - Cash outflow for purchasing goods and services was 422,285,692.26 CNY, compared to 479,047,135.44 CNY, indicating a reduction of about 11.8%[45] - The net cash flow from investing activities was -2,707,267.97 CNY, worsening from -236,159,523.64 CNY year-over-year[45] - Cash inflow from financing activities totaled 134,578,000.00 CNY, a decrease from 230,000,000.00 CNY, representing a decline of approximately 41.5%[46] - The net cash flow from financing activities was -100,784,795.54 CNY, compared to a positive 51,087,311.21 CNY in the previous year[46] - The ending balance of cash and cash equivalents was 233,797,508.74 CNY, down from 393,923,052.75 CNY, reflecting a decrease of about 40.6%[46] - The company received 100,000,000.00 CNY from investment recoveries, which was not present in the previous year[45] - The total cash outflow for investment activities was 2,707,267.97 CNY, significantly lower than 336,979,098.99 CNY in the previous year[45] - The company reported a cash flow impact from exchange rate changes of -1,401,876.44 CNY, compared to -2,907,391.41 CNY in the previous year[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,624,412,126.61, down 5.43% from ¥2,774,995,591.49 at the end of the previous year[7] - Total assets decreased to CNY 2,585,844,338.65 from CNY 2,709,566,867.86, a decline of 4.6%[30] - Total liabilities decreased by 12.1% to ¥1,207,116,502.80[24] - Total liabilities decreased to CNY 1,273,368,126.55 from CNY 1,414,538,049.45, a reduction of 9.9%[29] - The company's total equity increased to CNY 1,312,476,212.10 from CNY 1,295,028,818.41, reflecting a growth of 1.4%[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,480[10] - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., held 47.24% of the shares, amounting to 85,036,500 shares, with 26,730,000 shares pledged[10] Expenses - Sales expenses increased by 61% to ¥7,377,165.98, mainly due to building marketing networks and hiring more marketing personnel[14] - R&D expenses surged by 67% to ¥17,717,435.67, attributed to an increase in R&D personnel[14] - Research and development expenses for Q1 2019 were CNY 17,717,435.67, up from CNY 10,617,716.73, indicating a year-over-year increase of 66.7%[31] - Research and development expenses increased significantly to CNY 17,137,919.09, a rise of 71.5% compared to CNY 9,973,843.03 in Q1 2018[36] Other Financial Metrics - The company's minority interest increased by 231% to -¥116,313.22 due to expenses related to establishing a joint venture in the Philippines[14] - The company reported a 106% decline in investment income, resulting in a loss of ¥50,055.53[14] - The company recorded an asset impairment loss of CNY 19,873,905.45 in Q1 2019, compared to CNY 18,529,634.95 in the previous year[36] - The financial expenses for Q1 2019 were CNY 4,795,980.90, a decrease from CNY 5,697,231.97 in Q1 2018[36] - The total comprehensive income for Q1 2019 was CNY 21,234,533.79, slightly higher than CNY 21,230,713.21 in the same quarter last year[34] - The company's operating profit for Q1 2019 was CNY 29,415,129.79, compared to CNY 23,618,047.39 in Q1 2018, marking a 24.0% increase[34] - The company reported a foreign exchange loss of CNY 2,471,168.45 in Q1 2019, contrasting with a gain of CNY 1,857,415.94 in the same period last year[34]

Financial Performance - The company's operating revenue for 2018 was CNY 2,300,545,769.07, representing a 26.06% increase compared to CNY 1,825,031,247.69 in 2017[18]. - The net profit attributable to shareholders for 2018 was CNY 114,240,272.87, a 6.02% increase from CNY 107,757,811.61 in 2017[18]. - The total assets at the end of 2018 were CNY 2,774,995,591.49, a 6.99% increase from CNY 2,593,748,769.11 at the end of 2017[18]. - The net assets attributable to shareholders at the end of 2018 were CNY 1,401,034,179.82, reflecting a 7.09% increase from CNY 1,308,243,761.81 at the end of 2017[18]. - The weighted average return on equity for 2018 was 8.48%, slightly down from 8.51% in 2017[18]. - The basic earnings per share for 2018 were CNY 0.63, a 5.00% increase from CNY 0.60 in 2017[18]. - The company achieved operating revenue of 2.301 billion yuan, an increase of 26.06% year-on-year, and a net profit attributable to shareholders of approximately 114.24 million yuan, up 6.02% year-on-year[83]. - The design business generated revenue of approximately 478 million yuan, a year-on-year increase of 54.20%, with signed orders totaling 1.169 billion yuan, up 145.77% from the previous year[83]. - The high-end residential business generated revenue of approximately 493.90 million yuan, a year-on-year increase of 19.51%[83]. - The commercial office business revenue reached approximately 185.70 million yuan, reflecting an 84.12% year-on-year growth[83]. Dividend Policy - The company reported a profit distribution plan based on 180,000,000 shares, proposing a cash dividend of 2.00 RMB per 10 shares (including tax) with no bonus shares[4]. - The company plans to distribute a cash dividend of 36 million yuan for the 2018 fiscal year, which is 31.52% of the net profit attributable to shareholders[146]. - The cash dividend distribution is based on a total share capital of 180 million shares, with a proposed payout of 2 yuan per 10 shares[146]. - The company has maintained a consistent cash dividend policy, distributing more than 10% of the distributable profit each year since its listing[142]. - The cash dividends for the past three years have been consistently set at 36 million yuan, representing 44.48%, 33.41%, and 31.51% of the net profit for 2016, 2017, and 2018 respectively[145]. - The total distributable profit for 2018 was reported at 400.42 million yuan, with the cash dividend accounting for a significant portion of this amount[146]. - The company has established a three-year dividend return plan to ensure stable shareholder returns[142]. Business Expansion and Strategy - The company has established multiple subsidiaries, including those in Hong Kong, Macau, the Philippines, and Vietnam, to expand its market presence[9]. - The company expanded its business scope to include high-quality residential, high-end office buildings, luxury clubs, and commercial complexes, in addition to its core focus on high-end hotel decoration[28]. - The company has established a strategic partnership with Red Star Macalline to create the ATG·Yishu Home brand, targeting the high-end residential market[31]. - The company has established a strategic partnership with Meikailong to enter the high-end residential decoration market, creating the ATG·Yishu brand[87]. - The company is gradually expanding into the residential decoration market, with design services performing well and engineering services expected to follow suit[131]. - The company is focusing on expanding its marketing network in first-tier cities such as Beijing, Shanghai, and Shenzhen as of December 31, 2018[123]. - The company is entering the home decoration market with the ATG·艺澍家 brand, offering customized solutions and establishing a marketing and supply chain system[135]. - The company continues to expand its market presence through strategic acquisitions and partnerships, enhancing its competitive positioning in the industry[70]. Risk Management - The company faces risks from policy adjustments in the real estate industry, rising labor costs, and management challenges due to rapid growth[4]. - The company emphasizes the importance of risk awareness among investors regarding future plans and strategic developments[4]. - The company is addressing risks associated with overseas projects, including safety concerns and economic instability in host countries[138]. - The cyclical nature of the real estate industry may negatively affect the company's business due to reduced investment from key clients[137]. - Policies to curb government spending may lead to decreased demand for high-end hotel decoration services, impacting revenue[137]. - The company faces risks from macroeconomic fluctuations that could impact demand for high-end public building decoration projects[136]. Project Management and Quality Control - The company adheres to a project manager responsibility system, ensuring quality control and progress monitoring throughout project implementation[50]. - The company maintains a warranty period of 2-5 years for completed projects, providing free repairs for quality issues during this period[52]. - The company has implemented strict quality control measures for construction materials, ensuring only qualified suppliers are used and all materials are thoroughly inspected[64]. - The company has achieved certifications for quality management (ISO9001), environmental management (ISO14001), and occupational health and safety (ISO45001), ensuring compliance with relevant laws and regulations[55]. - The company actively engages in post-project follow-ups to address maintenance and usage issues, strengthening relationships with clients for future collaborations[53]. Technological Integration - The company utilizes Building Information Modeling (BIM) technology to enhance project management and execution[9]. - The application of Building Information Modeling (BIM) technology has been expanded, with multiple projects utilizing this technology, including high-end hotels and hospitals[85]. - The company is investing in R&D and technology, including BIM technology and various digital tools, to improve management efficiency and project execution[135]. Market Trends and Industry Insights - The total output value of the national construction decoration industry reached 3.94 trillion yuan in 2017, with a growth rate of 7.6% compared to 2016[34]. - The number of companies in the construction decoration market decreased from 145,000 in 2011 to 130,000 in 2017, indicating increased industry concentration[34]. - The public building decoration market is experiencing steady growth, driven by increased fixed asset investment and demand for renovations[131]. - The overall scale of the public building decoration market is increasing, although the growth rate has slowed due to a decrease in new public building projects[131]. Shareholder Information - The total number of shares is 180,000,000, with 75% being limited sale shares[196]. - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., holds 47.24% of the shares, amounting to 85,036,500 shares[198]. - The company has a total of 17,769 shareholders at the end of the reporting period[198]. - The foreign shareholder, Zheng Zhong, holds 11.30% of the shares, totaling 20,344,500 shares[198]. - Major shareholders include Zheng Hong with 3.55% and Lin Lin with 1.77% of shares[199]. - The company has a diverse shareholder base, with multiple natural persons holding significant stakes[199]. Compliance and Governance - The company has not faced any penalties or rectification issues during the reporting period[168]. - The company has not engaged in any related party transactions during the reporting period[170]. - The company has maintained a continuous relationship with Ruihua Certified Public Accountants for 7 years, with an audit fee of 1 million CNY for the current period[164]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[160]. - There were no significant accounting errors that required retrospective restatement during the reporting period[162].