深圳市中装建设集团股份有限公司 2019 年第三季度报告全文 深圳市中装建设集团股份有限公司 2019 年第三季度报告 2019 年 10 月 1 深圳市中装建设集团股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人庄重、主管会计工作负责人曾凡伟及会计机构负责人(会计主管 人员)房新芬声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市中装建设集团股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 □ 适用 √ 不适用 3 深圳市中装建设集团股份有限公司 2019 年第三季度报告全文 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 5,803,909,813.07 | 4,74 ...

Financial Performance - The company's operating revenue for the first half of 2019 was ¥2,255,451,294.09, representing a 25.04% increase compared to ¥1,803,750,798.70 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥113,718,649.07, a 40.18% increase from ¥81,123,117.06 in the previous year[20]. - Basic earnings per share increased to ¥0.19, up 35.71% from ¥0.14 in the previous year[20]. - The total profit for the first half of 2019 was CNY 160,942,202.87, compared to CNY 100,192,967.98 in the same period last year, reflecting a growth of 60.5%[156]. - The company reported a net profit margin improvement, with net profit for the first half of 2019 reflecting operational efficiency gains[155]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥56,504,177.84, compared to a negative cash flow of ¥217,256,191.93 in the same period last year, marking a 126.01% increase[20]. - The company's cash and cash equivalents increased to RMB 142,813,995.01, a 250.74% rise from a negative RMB 94,742,686.27 in the same period last year[40]. - The ending balance of cash and cash equivalents was ¥1,149,735,927.13, a slight decrease from ¥1,159,628,368.24 year-on-year[166]. - The company reported a net increase in cash and cash equivalents of ¥142,813,995.01, contrasting with a net decrease of ¥94,742,686.27 in the same period of 2018[166]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,661,611,813.12, a 19.39% increase from ¥4,742,297,990.48 at the end of the previous year[20]. - The total liabilities reached CNY 3,298,209,914.80, compared to CNY 2,565,317,862.20 at the end of 2018[152]. - The company's total assets as of June 30, 2019, were CNY 5,639,693,311.14, compared to CNY 4,727,151,794.54 at the end of 2018[152]. - Current liabilities totaled CNY 2,754,303,153.78, an increase from CNY 2,458,270,001.35 in the previous year[152]. Investment and R&D - Research and development expenses surged to RMB 60,599,987.30, marking an increase of 855.69% from RMB 6,340,991.39 in the prior year, primarily due to changes in the accounting for R&D costs[40]. - The company is investing 100 million RMB in R&D for new technologies aimed at improving construction safety and sustainability[88]. - The company plans to increase its investment in new technology development by 20% in the upcoming fiscal year[172]. Market and Business Strategy - The company plans to strengthen traditional business modules and enhance marketing and service capabilities[37]. - The company aims to innovate and explore new business models, including acquisitions and mergers to connect and integrate industry chains[37]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2021[88]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase the company's market share by 5%[89]. Shareholder and Governance Matters - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company reported a commitment to not transfer or delegate management of its shares for 36 months following the stock's listing on the exchange[82]. - Shareholders are restricted from transferring more than 50% of their shares within two years after the lock-up period ends, and the transfer price must not be lower than the issue price[83]. - The company has established clear guidelines for shareholders regarding the handling of their shares post-listing[82]. Risks and Challenges - The company is facing risks related to macroeconomic fluctuations, which could impact the demand for its services in the construction and decoration industry[72]. - The company faces risks from real estate industry policy adjustments, which may impact business orders, construction progress, and customer payments if stricter regulations are implemented[73]. - Intense market competition from both domestic and foreign construction decoration companies poses a challenge to the company's market position and profitability[74]. Corporate Social Responsibility and Compliance - The company operates in a non-polluting industry and has implemented ISO14001 environmental management systems[109]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[93]. - The company has not initiated any poverty alleviation work during the reporting period[110].

1 证券代码：002822 证券简称：中装建设 公告编号：2019-088 债券代码：128060 债券简称：中装转债 深圳市中装建设集团股份有限公司 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，深圳市中装建设集团股份有限公司 （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"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、董事会秘书于桂添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。 深圳市中装建设集团股份有限公 ...

Financial Performance - The company's operating revenue for 2018 was approximately ¥4.15 billion, representing a 30.66% increase compared to ¥3.17 billion in 2017[14]. - The net profit attributable to shareholders for 2018 was approximately ¥167.09 million, a 3.94% increase from ¥160.75 million in 2017[14]. - The basic earnings per share for 2018 was ¥0.28, up 3.70% from ¥0.27 in 2017[14]. - The diluted earnings per share for 2018 was also ¥0.28, reflecting a 3.70% increase from ¥0.27 in 2017[14]. - The weighted average return on equity for 2018 was 7.95%, a slight decrease from 8.12% in 2017[14]. - The company reported total revenue of ¥1,182,061,745.81 in Q4 2018, with a total annual revenue of ¥4,145,695,071.65[20]. - Net profit attributable to shareholders for Q4 2018 was ¥34,228,807.48, with an annual net profit of ¥167,090,940.33[20]. - The company's gross profit margin for the construction decoration industry was 14.58%, slightly down by 0.07% from the previous year[60]. - The company's total revenue for the decoration construction segment was approximately CNY 3.95 billion, with a gross margin of 14.35%[61]. Cash Flow and Investments - The net cash flow from operating activities was negative at approximately -¥245.51 million, a decline of 37.69% compared to -¥178.30 million in 2017[14]. - The company experienced a negative cash flow from operating activities of ¥278,140,736.62 in Q1 2018, but improved to a positive cash flow of ¥87,451,111.59 in Q4 2018[20]. - Investment cash inflow was ¥895.87 million, a 54.06% increase year-over-year[78]. - Net cash flow from investment activities dropped by 113.38% to -¥247.69 million, mainly due to the acquisition of land use rights for the headquarters building[79]. - The total amount of unfinished projects is CNY 7.5 billion, with cumulative recognized revenue of CNY 3.41 billion[63]. - Research and development expenses for 2018 amounted to CNY 135.55 million, representing 3.27% of total revenue[76]. - The company has increased its investment in equity assets, primarily through investments in Nanyi Technology and the disposal of investments in Yingbao Internet[44]. Market Position and Industry Outlook - The company ranked eighth in the national decoration industry for three consecutive years, highlighting its strong market position[27]. - The construction decoration industry is expected to benefit from national development strategies such as new urbanization and the Belt and Road Initiative, providing growth opportunities[29]. - The urbanization rate in China is still 23.6 percentage points lower than that of high-income countries, indicating significant potential for future growth in the construction decoration sector[35]. - The public building decoration market is experiencing a slowdown in new construction, but there is substantial potential for renovation in the existing stock, driven by increasing demand for upgrades[37]. - The company operates in a market characterized by sustainable demand due to the need for multiple renovations throughout a building's lifecycle[30]. Risks and Challenges - The company has identified risks including macroeconomic fluctuations and market competition that may impact future performance[4]. - The company faces risks from macroeconomic fluctuations that could impact business demand and performance[100]. - The company is exposed to risks from real estate policy adjustments that may affect order volume and cash flow[102]. - The company anticipates increased management challenges due to rapid business expansion and personnel growth[105]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.30 per 10 shares, totaling approximately ¥18 million based on 600 million shares[4]. - The cash dividend amount for 2018 was 18 million yuan, which is 0.30 yuan per 10 shares (including tax) [113]. - The cash dividend amount for 2017 was 30 million yuan, equating to 0.50 yuan per 10 shares (including tax) [111]. - The cash dividend amount for 2016 was 60 million yuan, representing 2 yuan per 10 shares (including tax) [111]. - The company's cash dividend policy has been consistent, with cash dividends exceeding 10% of the distributable profits each year since listing [111]. Corporate Governance and Compliance - The company has committed to fulfilling its promises regarding share repurchase and compensation for losses as per the commitments made during its initial public offering [119]. - The company has engaged in multiple investor relations activities throughout the reporting period, indicating a proactive approach to communication with stakeholders [107]. - The company is committed to ensuring compliance with all shareholder commitments to protect investor interests[131]. - The company has established a mechanism for cash compensation if the controlling shareholder fails to fulfill their shareholding obligations[135]. Strategic Initiatives and Future Plans - The company aims to transform from a specialized contractor to a comprehensive urban construction service provider, focusing on green building and energy-saving initiatives[98]. - The company plans to establish an academician workstation and apply for a national technology center to enhance R&D in new technologies and materials[99]. - The company intends to actively pursue mergers and acquisitions to enhance its business qualifications in planning, construction, and municipal contracting[99]. - The company plans to continue its business transformation and expansion into emerging markets, although risks related to talent, technology, and management bottlenecks may impact short-term performance [106]. Employee and Community Engagement - The company emphasizes employee rights protection, adhering to labor laws and providing social insurance for employees[167]. - The company has created numerous job opportunities through project expansion, significantly alleviating local employment pressure[169]. - The company actively participates in community charity and donation activities, contributing to local welfare[169].

深圳市中装建设集团股份有限公司 2019 年第一季度报告 深圳市中装建设集团股份有限公司 2019 年第一季度报告 2019 年 04 月 1 深圳市中装建设集团股份有限公司 2019 年第一季度报告 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。 公司负责人庄重、主管会计工作负责人曾凡伟及会计机构负责人(会计主管人员)房新芬声明：保证季度报告中财务报表的真 实、准确、完整。 非标准审计意见提示 □ 适用 √ 不适用 2 深圳市中装建设集团股份有限公司 2019 年第一季度报告 | 截止披露前一交易日的公司总股本（股） | 600,000,000 | | --- | --- | | 用最新股本计算的全面摊薄每股收益（元/股） | 0.050 | 非经常性损益项目和金额 √ 适用 □ 不适用 单位：元 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 | | --- | -- ...

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。 公司负责人庄重、主管会计工作负责人于桂添及会计机构负责人(会计主管 人员)房新芬声明：保证季度报告中财务报表的真实、准确、完整。 1 深圳市中装建设集团股份有限公司 2018 年第三季度报告正文 深圳市中装建设集团股份有限公司 2018 年第三季度报告正文 证券代码：002822 证券简称：中装建设 公告编号：2018-095 深圳市中装建设集团股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 4,703,972,085.65 | 4,129,952,298.48 | | 13.90% | | 归属于上市公司股东的净资产 | 2,138,2 ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,803,750,798.70, representing a 36.70% increase compared to CNY 1,319,503,025.38 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 81,123,117.06, up 22.01% from CNY 66,487,050.58 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was CNY 78,360,283.73, reflecting a 21.75% increase from CNY 64,361,219.95 in the previous year[18]. - The basic earnings per share increased to CNY 0.14, a rise of 27.27% compared to CNY 0.11 in the same period last year[18]. - The total operating revenue for the reporting period reached CNY 1,803,750,798.70, representing a year-on-year increase of 36.70% compared to CNY 1,319,503,025.38 in the same period last year[41]. - The company reported a net profit margin improvement, with retained earnings increasing to CNY 742,888,702.19 from CNY 691,765,585.13, a growth of about 7.4%[133]. - The company reported a significant increase in total comprehensive income for the period, which was CNY 80,472,336.92, compared to CNY 66,399,503.60 in the previous year, reflecting an increase of about 21.3%[141]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,646,044,804.45, which is a 12.50% increase from CNY 4,129,952,298.48 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were CNY 2,086,511,490.46, showing a 2.51% increase from CNY 2,035,391,961.74 at the end of the previous year[18]. - The company's total liabilities increased to CNY 2,560,658,635.29 from CNY 2,095,038,466.24, an increase of about 22.2%[132]. - Current liabilities rose to CNY 2,456,463,934.83, compared to CNY 1,990,703,161.24, marking an increase of about 23.4%[132]. - The company's equity attributable to shareholders rose to CNY 2,086,511,490.46 from CNY 2,035,391,961.74, reflecting an increase of approximately 2.5%[133]. Cash Flow - The net cash flow from operating activities was negative CNY 217,256,191.93, an improvement of 24.24% compared to negative CNY 286,751,750.58 in the same period last year[18]. - The total cash inflow from operating activities was 1,631,866,298.90 CNY, up from 1,004,482,094.22 CNY year-on-year[151]. - The net cash flow from investing activities was -211,111,137.65 CNY, compared to -50,598,988.17 CNY in the previous period[152]. - Cash inflow from financing activities was 770,000,000.00 CNY, compared to 722,662,708.12 CNY in the previous period[149]. Business Operations - The company plans to focus on three key tasks: improving traditional business, exploring new business models, and enhancing project management systems in the second half of 2018[36]. - The company aims to expand its overseas market presence and enhance its core competitiveness through talent development and management optimization[36]. - The company launched 6 utility model patents and 1 invention patent, enhancing its innovation capabilities[35]. - The company obtained two new qualifications: Grade 3 for steel structure engineering and Grade 2 for purification engineering during the reporting period[35]. Market Position and Strategy - The company ranked 8th in the top 100 enterprises in the Chinese construction decoration industry, maintaining its strong market position[30]. - The company plans to expand its market presence by entering two new provinces in China by the end of 2018, aiming for a 5% market share in these regions[82]. - A strategic acquisition of a local competitor is in progress, expected to enhance the company's service offerings and increase market competitiveness[81]. Risks and Challenges - The company faces risks related to macroeconomic fluctuations, which could impact business demand and performance due to its sensitivity to economic cycles[65]. - The company is also exposed to risks from real estate policy adjustments, which may affect order volumes and project progress in the residential decoration sector[66]. - The competitive landscape in the construction decoration industry is intensifying, with both domestic and foreign companies increasing their market presence[67]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing, ensuring stability in shareholding[77]. - The lock-up period for major shareholders is set for 6 months post-listing, with an automatic extension of 6 months if the stock price falls below the issue price for 20 consecutive trading days[77]. - The company has established a commitment to publicly announce any share transfers three trading days prior to the transaction[78]. Corporate Social Responsibility - The company participated in a charity project, "Zhongzhuang Love Book Room," donating over 2,000 books to schools in need[104]. - The company plans to continue its charity efforts by focusing on rural children's reading resources and donating books to more schools in remote areas[106]. Future Outlook - The company provided a positive outlook for the second half of 2018, projecting a revenue growth of 10% to 15% based on current market trends[82]. - The company has indicated plans for potential mergers and acquisitions as part of its growth strategy, aiming to enhance market position and operational capabilities[195].

Financial Performance - The company's operating revenue for Q1 2018 was ¥798,106,550.03, representing a 32.76% increase compared to ¥601,180,706.47 in the same period last year[8] - The net profit attributable to shareholders for Q1 2018 was ¥30,248,490.81, up 37.08% from ¥22,066,552.29 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,050,150.65, reflecting a 36.24% increase from ¥22,056,185.72 year-on-year[8] - The basic earnings per share for Q1 2018 was ¥0.05, a 25.00% increase from ¥0.04 in the same period last year[8] - The company expects net profit attributable to shareholders for the first half of 2018 to range from ¥6,648.71 million to ¥8,643.32 million, representing a growth of 0.00% to 30.00% compared to the same period in 2017[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,317,257,028.79, which is a 4.54% increase from ¥4,129,952,298.48 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥2,065,666,326.95, up 1.49% from ¥2,035,391,961.74 at the end of the previous year[8] - Total liabilities increased to CNY 2,280,301,882.91 from CNY 2,126,783,616.67[31] - The company's equity attributable to shareholders was CNY 2,059,105,644.46, up from CNY 2,030,317,239.74[31] Cash Flow - The net cash flow from operating activities for Q1 2018 was -¥278,140,736.62, which is an 8.86% decrease compared to -¥255,497,081.74 in the same period last year[8] - The cash flow from operating activities showed a net outflow of CNY 278,140,736.62, worsening from a net outflow of CNY 255,497,081.74 in the previous year[41] - Cash and cash equivalents decreased to CNY 994,027,231.32 from CNY 1,271,062,678.94[29] - Cash outflow from investing activities totaled $281,052,598.00, significantly higher than $520,754.26 in the previous period, resulting in a net cash flow from investing activities of -$240,853,800.72[46] Operating Costs - Operating costs rose by 35.13% to ¥681,942,064.41 from ¥504,639,614.13, attributed to increased costs associated with higher revenue[15] - Operating costs amounted to CNY 759,428,900.19, compared to CNY 570,999,454.23 in the prior period[34] - The company incurred total operating costs of CNY 643,068,162.20, which is an increase of 30.4% from CNY 493,173,876.48 in the same quarter last year[37] Shareholder Information - The company reported a total of 51,086 common shareholders at the end of the reporting period[11] - The largest shareholder, Zhuang Xiaohong, holds 33.07% of the shares, with 198,439,650 shares pledged[11] Investments - Long-term equity investments increased by 31.43% to ¥66,212,013.03 from ¥50,377,882.17 due to the addition of a ¥15 million equity investment[15] - Other non-current assets surged by 7277.84% to ¥198,723,517.18 from ¥2,693,517.18, primarily due to payment for land use rights[15] - Cash received from investment activities was $40,198,797.28, compared to $22,000.00 in the previous period, marking a significant increase[45] Financial Expenses - Financial expenses rose by 42.05% to ¥13,000,908.78 from ¥9,152,386.42, driven by increased bank borrowings[15] - The financial expenses for the quarter were CNY 13,001,999.60, up from CNY 9,135,404.51, indicating a rise of 42.5%[37]

Financial Performance - The company's operating revenue for Q1 2018 was ¥798,106,550.03, representing a 32.76% increase compared to ¥601,180,706.47 in the same period last year[6] - The net profit attributable to shareholders for Q1 2018 was ¥30,248,490.81, up 37.08% from ¥22,066,552.29 in the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,050,150.65, reflecting a 36.24% increase from ¥22,056,185.72 year-on-year[6] - The basic earnings per share for Q1 2018 was ¥0.05, a 25.00% increase from ¥0.04 in the same period last year[6] - The company's revenue for the reporting period was $798.11 million, an increase of 32.76% compared to the previous period's revenue of $601.18 million[13] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,317,257,028.79, which is a 4.54% increase from ¥4,129,952,298.48 at the end of the previous year[6] - The net assets attributable to shareholders at the end of the reporting period were ¥2,065,666,326.95, up 1.49% from ¥2,035,391,961.74 at the end of the previous year[6] - The company reported a significant decrease in accounts receivable, down 68.61% to $39.95 million, attributed to reduced bill collection and the expiration of held bills[13] - Prepayments increased by 59.73% to $25.27 million, primarily due to higher advance payments to suppliers[13] Cash Flow - The net cash flow from operating activities for Q1 2018 was -¥278,140,736.62, a decline of 8.86% compared to -¥255,497,081.74 in the same period last year[6] - Cash flow from operating activities showed a significant negative change, with a net outflow of $240.88 million, primarily due to payments for land use rights and equity investments[13] Shareholder Information - The company reported a total of 600,000,000 ordinary shareholders at the end of the reporting period[9] - The top shareholder, Zhuang Xiaohong, holds 33.07% of the shares, amounting to 198,439,650 shares, with 156,200,000 shares pledged[9] Expenses - Operating costs rose to $681.94 million, reflecting a 35.13% increase due to higher costs associated with increased revenue[13] - The company has increased sales expenses by 37.68% to $9.08 million, driven by investments in market development and new regional sales centers[13] - Financial expenses rose by 42.05% to $13.00 million, mainly due to increased bank borrowings leading to higher interest costs[13] Future Outlook - The company expects net profit attributable to shareholders for the first half of 2018 to range between $664.87 million and $864.33 million, representing a growth of 0% to 30% compared to the same period in 2017[16] Investments - The company has made a long-term equity investment of $6.62 million, resulting in a 31.43% increase in long-term equity investments[13] Commitments - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[15]

Financial Performance - The company's operating revenue for 2017 was ¥3,172,996,288.26, representing a 17.88% increase compared to ¥2,691,714,149.77 in 2016[17]. - The net profit attributable to shareholders for 2017 was ¥160,749,979.46, a 2.92% increase from ¥156,183,203.24 in 2016[17]. - The net cash flow from operating activities for 2017 was -¥178,298,572.42, a decline of 59.37% compared to -¥111,879,567.68 in 2016[17]. - The basic earnings per share for 2017 was ¥0.27, down 20.59% from ¥0.34 in 2016[17]. - Total assets at the end of 2017 were ¥4,129,952,298.48, a 22.64% increase from ¥3,367,565,949.14 at the end of 2016[18]. - The net assets attributable to shareholders at the end of 2017 were ¥2,035,391,961.74, a 5.21% increase from ¥1,934,606,136.37 at the end of 2016[18]. - The company reported a quarterly operating revenue of ¥1,002,987,198.45 in Q4 2017, with a total annual revenue of ¥3,172,996,288.26[22]. - The net profit attributable to shareholders in Q4 2017 was ¥46,063,092.22, contributing to the annual net profit of ¥160,749,979.46[22]. - The company achieved operating revenue of CNY 3,172,996,288.26 in 2017, representing a year-on-year growth of 17.88%[56]. - The net profit attributable to shareholders increased by 2.92% year-on-year, amounting to CNY 160,749,979.46[56]. Dividend Distribution - The company reported a profit distribution plan based on a base of 600,000,000.00, proposing a cash dividend of 0.50 RMB per 10 shares (including tax) and no bonus shares[5]. - The company distributed a cash dividend of RMB 0.5 per 10 shares, totaling RMB 30 million for the year 2017, which represents 18.66% of the net profit attributable to ordinary shareholders[113]. - In 2016, the company distributed a cash dividend of RMB 2 per 10 shares, totaling RMB 60 million, which accounted for 38.42% of the net profit attributable to ordinary shareholders[113]. - The company's available distributable profit for 2017 was RMB 686,698,410.87, with cash dividends constituting 100% of the profit distribution[113]. - The company has not made any adjustments or changes to its cash dividend policy in the reporting period[111]. - The company did not propose any stock dividend distribution in 2017, maintaining a focus on cash dividends only[115]. Business Operations and Strategy - The company has maintained its main business operations without any changes since its listing[15]. - The company has maintained its main business focus on interior and exterior decoration, with no significant changes reported in 2017[29]. - The company is positioned as a comprehensive service provider in urban construction, with a strong presence in the decoration industry, despite facing increased competition and market challenges[30]. - The company has established new regional marketing centers in East and North China, optimizing its marketing network to enhance market presence in key areas[57]. - The company has invested in new business models such as EPC and PPP, and is actively exploring overseas projects in line with the national "Belt and Road" strategy[57]. - The company plans to develop its home decoration segment to improve overall cash flow and create an integrated decoration platform covering various services[97]. - The company will actively pursue mergers and acquisitions in the industry to enhance its qualifications in planning, construction design, and general contracting[96]. - The company is committed to upgrading its traditional decoration business and exploring new markets, including PPP and renewable energy, but may face challenges in execution[104]. Market Conditions and Risks - The company emphasizes the importance of risk awareness regarding macroeconomic fluctuations, real estate policy adjustments, and market competition risks[5]. - The company faces risks from macroeconomic fluctuations that could impact its business performance due to its sensitivity to economic cycles[98]. - The company is exposed to risks from real estate policy adjustments, which could affect its residential decoration business if stricter regulations are implemented[99]. - The competitive landscape in the construction decoration industry is intensifying, posing risks to the company's market position and profitability[102]. Corporate Governance and Shareholder Commitments - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[114]. - The company reported a commitment from major shareholders not to transfer or manage their shares for 36 months post-listing, ensuring stability in shareholding[117]. - Major shareholders, including Zhuang Xiaohong and Zhuang Zhangnuo, committed to not transferring more than 50% of their shares within two years after the lock-up period ends[118]. - The company has established a policy for shareholders to announce any share transfers 3 trading days in advance, promoting transparency[118]. - The company has established a clear framework for share transfer pricing, ensuring that any transfers are conducted at or above the issue price, protecting shareholder value[118]. Employee and Management Structure - The total number of employees in the company is 816, with 427 being technical personnel, 278 in sales, and 52 in finance[190]. - The company emphasizes employee training, with a comprehensive training system focusing on onboarding, job skills, and management philosophy[193]. - The management team emphasized a focus on expanding market presence and enhancing operational efficiency to drive future growth[186]. - The company has appointed experienced professionals in key management positions to strengthen its leadership team[186]. - The board of directors approved a performance-based compensation structure for senior management, linking salaries to annual operational performance[188]. Environmental and Social Responsibility - The company has implemented ISO14001 environmental management system to minimize environmental impact during operations[149]. - The company actively participates in community environmental protection activities, including community greening and cleanup efforts[149]. - The company emphasizes employee rights protection, ensuring compliance with labor laws and providing social insurance for employees[148].