Financial Performance - Operating revenue for the reporting period was CNY 375,776,739.53, down 59.07% year-on-year[7] - Net profit attributable to shareholders of the listed company decreased by 57.06% to CNY 147,207,086.23[7] - Basic earnings per share were CNY 0.83, a decrease of 57.22% compared to the same period last year[7] - The net cash flow from operating activities was negative CNY 241,691,445.45, a decline of 119.74% year-on-year[7] - The weighted average return on equity was 6.95%, down 21.19% from the previous year[7] - The company reported a net profit of CNY 1,331,545,545.07 as of September 30, 2020, compared to CNY 1,070,602,462.16 at the end of 2019, indicating a growth of approximately 24%[45] - Net profit for Q3 2020 was CNY 146,977,784.08, a decline of 57% from CNY 342,602,534.36 in Q3 2019[53] - The company reported a total profit of CNY 593,217,261.88 for the quarter, an increase of 32.2% compared to CNY 448,737,372.38 last year[61] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,953,928,822.52, a decrease of 24.96% compared to the end of the previous year[7] - The company's accounts receivable decreased by 100% to RMB 0 due to the maturity of receivables[17] - Other receivables decreased by 32.60% to RMB 23,416,559.89, primarily due to the recovery of software tax refunds[17] - Inventory decreased by 41.88% to RMB 362,099,171.86, mainly due to a reduction in dispatched goods[17] - Fixed assets increased by 54.93% to RMB 306,472,546.51, attributed to the completion of the Foshan base project[17] - The company's total liabilities for employee compensation decreased by 84.30% to RMB 11,423,084.35, due to the distribution of last year's year-end bonuses[17] - Total liabilities decreased from CNY 2,046,058,731.92 to CNY 704,594,254.72, a decline of approximately 66%[44] - The company's equity increased from CNY 1,890,665,603.81 to CNY 2,249,334,567.80, an increase of about 19%[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 31,207[12] - The top shareholder, Shenzhen Minxing Electronics Co., Ltd., held 18.35% of the shares, totaling 33,152,800 shares[12] Research and Development - Research and development expenses rose by 106.02% to CNY 90.40 million, primarily due to increased employee compensation and stock payment expenses[18] - Research and development expenses for Q3 2020 were CNY 31,472,299.99, an increase of 83% compared to CNY 17,199,693.85 in Q3 2019[52] - Research and development expenses for the quarter were CNY 90,403,536.85, significantly higher than CNY 43,880,353.41 in the previous year, indicating a focus on innovation[61] Cash Flow - The cash flow from operating activities turned negative at CNY -228.73 million, a decline of 119.18% compared to the previous year[19] - The net cash flow from operating activities was -208,927,541.06, a significant decrease from 1,282,198,194.60 in the previous period[70] - The total cash and cash equivalents at the end of the period were 1,161,449,674.40, down from 1,554,303,931.29, a decrease of approximately 25.3%[71] Investments and Projects - The company completed the transfer of 53.85% equity in its subsidiary WeiLong, with a debt restructuring amounting to CNY 10.60 million[20] - The implementation deadlines for several fundraising investment projects have been extended, including the "Foshan Intelligent Traffic RFID and Electronic Payment Product Production Base Project" and the "R&D Center Construction Project" until December 31, 2020[28] - The "Foshan Intelligent Traffic RFID and Electronic Payment Product Production Base Project" is nearing completion and close to being operational[29] Compliance and Governance - The company has not engaged in any securities or derivative investments during the reporting period[26][27] - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[25] - The company reported no violations regarding external guarantees during the reporting period[37] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[38] Market and Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[46] - The company has not provided specific guidance on future performance or market expansion strategies in the current report[82]

Financial Performance - The company reported a revenue of 1.5 billion RMB for the first half of 2020, representing a year-on-year increase of 15%[1]. - The net profit attributable to shareholders was 300 million RMB, up 20% compared to the same period last year[1]. - The company's operating revenue for the first half of 2020 was ¥796,356,099.75, representing a 138.89% increase compared to ¥333,349,885.87 in the same period last year[19]. - The net profit attributable to shareholders was ¥363,017,113.13, a significant increase of 706.11% from ¥45,033,081.15 in the previous year[19]. - The basic earnings per share (EPS) was ¥2.05, up 720.00% from ¥0.38 in the previous year[19]. - The company's revenue for the first half of 2020 reached 796 million yuan, an increase of 138.89% year-on-year, while net profit attributable to shareholders was 363 million yuan, up 706.11% compared to the same period last year[51]. - The company reported a significant increase in revenue for the first half of 2020, achieving a total of 1.2 billion RMB, representing a year-over-year growth of 25%[125]. - In the first half of 2020, the company achieved revenue of CNY 79,635.61 million and a net profit of CNY 36,301.71 million, continuing the positive impact of policy stimuli[110]. User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching 2 million active users by the end of June 2020[1]. - User data showed an increase in active users, with a total of 5 million users reported, up from 4 million in the previous year, indicating a growth rate of 25%[125]. - The company is focusing on expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2022[1]. - The company is expanding its market presence, targeting an increase in market share by 10% in the next fiscal year through strategic partnerships and marketing initiatives[125]. Research and Development - The company plans to invest 200 million RMB in R&D for new technologies and products in the next fiscal year[1]. - The company has developed intelligent monitoring equipment for highway toll collection, which has been applied in provinces such as Jiangsu and Guangdong, addressing the need for project equipment detection[52]. - The company’s R&D investment has consistently remained at a high level, with nearly 460 patents held as of June 30, 2020, including about 200 invention patents[42]. - The company has established a postdoctoral innovation base to attract and cultivate research talent, enhancing its R&D capabilities[64]. - The company is investing heavily in R&D to enhance product features and user services in response to growing user demands as ETC usage expands[107]. Strategic Initiatives - A strategic acquisition of a local tech firm is expected to enhance the company's capabilities in IoT solutions, with a budget of 500 million RMB allocated for this purpose[1]. - The company is exploring partnerships with automotive manufacturers to integrate its RFID technology into smart vehicles, aiming for a pilot project launch by Q4 2020[1]. - The company has signed a strategic cooperation agreement with Shenzhen Major Industrial Investment Group to enhance V2X business investments and promote smart network collaboration projects[62]. - The company has adjusted its strategy to enhance cooperation with upstream and downstream partners in the ETC ecosystem, launching projects in multiple cities[59]. Financial Management and Cash Flow - The company will not distribute cash dividends for the current fiscal year, opting to reinvest profits into growth initiatives[1]. - The company reported a net cash flow from operating activities of ¥12,962,340.77, a recovery from a negative cash flow of ¥32,054,533.36 in the previous year[19]. - The company has committed to a stock buyback plan to stabilize stock prices within three years post-IPO, contingent on specific conditions being met[127]. - The company will consider mid-term dividends based on profitability and financial status[126]. - The company will enhance risk control measures for accounts receivable and establish a dedicated team to improve collection efforts[109]. Market Trends and Industry Outlook - Future outlook indicates a projected revenue growth of 10-15% for the second half of 2020, driven by market expansion and new product launches[1]. - The smart transportation industry is experiencing rapid growth, supported by government investments in infrastructure, indicating a prolonged period of industry prosperity[35]. - The V2X industry is in its early stages but is expected to grow rapidly as more pilot projects are implemented and automotive manufacturers adopt C-V2X production plans[34]. - The company is positioned to benefit from the transition to the ETC+ phase, expanding applications beyond highways into urban settings, which will drive further demand for related equipment[32]. Environmental and Social Responsibility - The company is not classified as a key pollutant discharge unit by environmental protection authorities[159]. - The company has implemented effective pollution control measures and continuously upgrades its environmental protection facilities[160]. - The company has established emergency response plans for environmental incidents and conducts regular drills[162]. Shareholder and Governance Matters - The company reported a commitment to stabilize stock prices for three years post-IPO, with a plan to repurchase shares if certain conditions are met[119]. - The stock lock-up period was automatically extended by six months due to the stock price falling below the issue price for twenty consecutive trading days[119]. - The company has fulfilled all commitments made during the IPO process as of May 14, 2020[119]. - The company’s commitment to stabilize stock prices includes a detailed plan for increasing shareholdings within a specified timeframe[121].

Financial Performance - The company's operating revenue for 2019 reached ¥2,860,155,936, representing a 373.49% increase compared to ¥604,058,067 in 2018[19]. - Net profit attributable to shareholders was ¥875,264,934.64, a significant increase of 3,942.96% from ¥21,649,120.59 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥856,209,544.16, up 26,176.66% from ¥3,258,441.42 in 2018[19]. - The net cash flow from operating activities was ¥1,372,033,945, a recovery from a negative cash flow of ¥28,074,145.14 in 2018[19]. - Basic earnings per share increased to ¥7.43, a rise of 4,027.78% from ¥0.18 in the previous year[20]. - The diluted earnings per share also stood at ¥7.43, reflecting the same percentage increase as basic earnings per share[20]. - The weighted average return on equity reached 60.57%, a substantial increase of 58.43% from 2.14% in 2018[20]. - Total assets at the end of 2019 were ¥3,936,724,335, marking an increase of 184.50% from ¥1,382,253,800 in 2018[20]. - Net assets attributable to shareholders rose to ¥1,902,654,233, an increase of 88.58% from ¥1,008,949,287 in 2018[20]. - The company's operating income for 2019 was 1,608,777,812.38 CNY, with a net profit attributable to shareholders of 487,386,455.93 CNY[25]. Dividend Distribution - The company plans to distribute a cash dividend of 21.8 yuan per 10 shares (including tax) based on a total share capital of 120,518,161 shares[5]. - The company has established a profit distribution policy to enhance transparency and return value to shareholders, including a cash dividend of CNY 0.60 per share for 2018[146]. - The total cash dividends paid in 2019 represented 30.02% of the net profit attributable to the company's ordinary shareholders[151]. - The remaining undistributed profit for 2019 was RMB 842,051,665.89, which will be carried forward to the next year[155]. - The company commits to distributing at least 30% of the distributable profits in cash annually, contingent on positive net profits and an unqualified audit opinion[169]. Research and Development - The company is involved in the development of RFID technology and electronic toll collection systems[10]. - The company maintains a strong R&D capability in intelligent transportation, positioning itself as a leader in the industry with high product maturity[35]. - The company added 53 new patents in 2019, bringing the total to nearly 460, including around 200 invention patents[88]. - Research and development expenses rose by 37.40% to ¥100,683,953.90, representing 3.52% of total revenue[89]. - The company is increasing R&D investment to enhance product functionality and reliability in response to growing user demands as ETC usage expands[136]. Market Expansion and Strategy - The company is focused on expanding its market presence through innovative technologies and products[11]. - The company is actively involved in the V2X vehicle-road collaboration field, benefiting from its leading position in highway ETC to expand into smart road and V2X roadside products[43]. - The company plans to expand its business into new areas such as smart roads, V2X, and urban traffic management, but faces risks due to the lack of successful case studies and market acceptance[137]. - The company aims to maintain its competitive edge through effective market strategies and by exploring new applications in the ETC and V2X markets[136]. - The company plans to utilize the remaining raised funds for future project developments and cash management[110]. Operational Efficiency - The introduction of automated production lines has significantly improved production efficiency and product quality[50]. - The company is implementing cost control measures to reduce operational expenses by 10% in the upcoming fiscal year[192]. - The management emphasizes the importance of optimizing the supply chain to improve efficiency and reduce lead times by 15%[192]. - The company aims to improve its accounts receivable turnover by 20% to enhance cash flow management[192]. - The company has reported a commitment to avoid any form of competition with its own business, ensuring no direct or indirect engagement in similar activities[173]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[5]. - The report includes a detailed description of potential risks and countermeasures for future operations[5]. - The company acknowledges the risk of a decline in performance in 2020 as the policy-driven growth from 2019 is expected to normalize[140]. - The company faces risks related to seasonal demand fluctuations, as its revenue is influenced by government procurement plans and project timelines[131]. - The company is implementing measures to strengthen accounts receivable management to mitigate risks associated with long collection periods and potential bad debts[138]. Compliance and Governance - The company has ensured that the dividend distribution plan complies with its articles of association and has been approved by the board of directors[155]. - The company emphasizes compliance with laws and regulations regarding related party transactions, aiming to prevent any potential harm to shareholder interests[176]. - The company will ensure compliance with legal requirements regarding share repurchase and compensation obligations[187]. - The company will publicly disclose reasons for any failure to fulfill commitments and apologize to shareholders if necessary[178]. - The company will maintain transparency and accountability in its operations and commitments to shareholders[197].

Financial Performance - The company's operating revenue for Q1 2020 was ¥332,725,351.65, representing a 128.75% increase compared to ¥145,452,974.84 in the same period last year[8] - Net profit attributable to shareholders was ¥109,164,017.94, a significant increase of 1,061.67% from ¥9,397,130.46 year-on-year[8] - The net profit after deducting non-recurring gains and losses reached ¥106,197,744.03, up 1,906.62% from ¥5,292,373.56 in the previous year[8] - Basic earnings per share increased to ¥0.93, reflecting a growth of 1,062.50% compared to ¥0.08 in the same quarter last year[8] - The weighted average return on equity rose to 5.55%, up 4.62 percentage points from 0.93% in the previous year[8] - The company's operating revenue for the current period reached RMB 332,725,351.65, a 128.75% increase compared to RMB 145,452,974.84 in the previous period[16] - Net profit for the current period was RMB 108,672,263.96, representing a significant increase of 1,298.23% from RMB 7,772,136.86 in the previous period[17] - The company reported a total profit of CNY 126.71 million, up from CNY 6.78 million, reflecting a year-over-year increase of 1,868.5%[49] - The company achieved a gross profit margin of approximately 32.5% in Q1 2020, compared to 5.0% in Q1 2019[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,688,287,736.77, a decrease of 6.31% from ¥3,936,724,335.73 at the end of the previous year[8] - Net assets attributable to shareholders increased by 6.88% to ¥2,033,636,334.82 from ¥1,902,654,233.58 at the end of the previous year[8] - Current liabilities decreased from CNY 2,034,150,679.09 to CNY 1,654,363,216.05, a reduction of about 18.7%[41] - Non-current liabilities increased slightly from CNY 11,908,052.83 to CNY 12,768,569.65, an increase of approximately 7.2%[41] - The total liabilities decreased from CNY 2,046,058,731.92 to CNY 1,667,131,785.70, a decrease of approximately 18.5%[41] - The total current assets as of March 31, 2020, were CNY 3,208,365,572.52, down from CNY 3,456,074,306.31, which is a decrease of about 7.2%[39] Cash Flow - Cash received from customers increased by 74.84% to RMB 219,402,836.63, reflecting higher sales activity[18] - The cash flow from operating activities was CNY 219.40 million, compared to CNY 125.48 million in the same period last year, indicating a growth of 74.8%[53] - The net cash flow from operating activities was -204,275,666.36 CNY, compared to -34,418,484.17 CNY in the previous period, indicating a significant decline in cash generation[55] - Total cash inflow from operating activities was 271,120,746.50 CNY, while cash outflow was 475,396,412.86 CNY, resulting in a net cash outflow of 204,275,666.36 CNY[55] - The total cash flow decreased by 312,017,525.22 CNY during the period, reflecting challenges in cash management[56] Research and Development - Research and development expenses increased by 75.01% to RMB 26,196,235.02, primarily due to higher employee compensation and stock incentive costs[16] - Research and development expenses for the quarter were CNY 26.20 million, compared to CNY 14.97 million in the previous year, an increase of 75.5%[48] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,464[11] - The top shareholder, Shenzhen Minxing Electronics Co., Ltd., held 19.58% of the shares, amounting to 23,600,000 shares, which are pledged[11] Government Subsidies and Tax Refunds - The company received government subsidies amounting to ¥3,537,531.74 related to research and development projects[9] - The company reported a 1,986.32% increase in tax refunds received, totaling RMB 43,983,836.59, mainly from software tax rebates[18] - The company received 43,983,836.59 CNY in tax refunds, a notable increase from 2,108,204.02 CNY in the previous period[58] Financial Management - The company reported a credit impairment loss of CNY -4.27 million, which is a significant improvement compared to the previous year's losses[52] - The company has no significant or low-security, illiquid, or non-principal-protected high-risk entrusted financial management situations during the reporting period[28] - There were no derivative investments reported during the period[31] - The company did not have any violations regarding external guarantees during the reporting period[32] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[33] Communication and Reporting - The company conducted investor communication activities on March 2, 2020, via phone[34] - The company has not undergone an audit for the Q1 2020 report, indicating that the figures are unaudited[68]

Financial Performance - Operating revenue reached CNY 918,028,238.14, a significant increase of 736.84% year-on-year[9] - Net profit attributable to shareholders surged to CNY 342,845,397.56, reflecting a year-on-year increase of 24,262.13%[9] - Basic earnings per share rose to CNY 2.91, marking a 29,000.00% increase compared to the same period last year[9] - The company reported a net profit of CNY 387,878,478.71 for the year-to-date, with a year-on-year increase of 270.60%[9] - Total operating revenue for Q3 2019 reached ¥918,028,238.14, a significant increase from ¥109,701,347.63 in the same period last year, representing a growth of approximately 736%[58] - Net profit for the period was ¥385,490,872.36, a significant turnaround from a loss of ¥6,294,522.30 in the previous period[20] - The company achieved a total profit of ¥385,490,872.36 for the year-to-date, compared to a loss of ¥6,294,522.30 in the previous year, demonstrating a strong recovery[67] Assets and Liabilities - Total assets increased by 164.88% to CNY 3,661,308,703.28 compared to the end of the previous year[9] - Cash and cash equivalents increased by 297.94% to ¥1,619,756,298.03, primarily due to net cash inflow from operating activities[18] - Total liabilities increased to approximately CNY 2.28 billion from CNY 383 million, representing a growth of about 493% year-over-year[51][52] - The company's total equity as of September 30, 2019, was approximately CNY 1.38 billion, up from CNY 999 million, indicating an increase of about 38%[52] Cash Flow - The net cash flow from operating activities was CNY 1,224,296,600.73, indicating strong cash generation capabilities[9] - Cash received from customers increased by 519.09% to ¥1,872,180,709.60, reflecting higher sales volume[21] - The net cash flow from operating activities was CNY 1,192,242,067.37, compared to a negative cash flow of CNY -156,263,315.55 in Q3 2018[76] - Total cash inflow from operating activities reached CNY 1,981,959,916.10, compared to CNY 308,563,726.63 in the same period last year, indicating a growth of approximately 542%[78] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,353[13] - The top shareholder, Shenzhen Minxing Electronics Co., Ltd., held a 19.58% stake in the company[13] Investment Activities - Investment cash outflows rose by 2,630.13% to ¥72,999,314.00, primarily due to increased equity investments[22] - The company has invested a total of ¥24,493.23 million from raised funds, with ongoing projects in smart traffic and electronic payment systems[23] - The company received CNY 58,821,004.04 from investment absorption, marking a significant inflow compared to the previous period[79] Research and Development - Research and development expenses for the quarter were ¥17,199,693.85, slightly up from ¥16,441,227.98 in Q3 2018[58] - The company's R&D expenses amounted to ¥15,517,573.17, slightly up from ¥14,755,942.48 in the previous year, showing a focus on innovation[62] Corporate Governance and Strategy - The company has been actively managing its senior management compensation adjustments, reflecting its governance practices[30] - Shenzhen Jinyi Technology has participated in the mixed reform and capital increase of Shandong Express Payment Co., Ltd. and Shandong Express Technology Co., Ltd., indicating a strategic investment move[30] - The company is actively exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[45] Miscellaneous - The company has not disclosed any new product or technology developments in the current report[34] - The company has not provided specific future outlook or performance guidance in the current report[34] - The company did not undergo an audit for the third quarter report[81]

Financial Performance - The company reported a significant increase in revenue for the first half of 2019, achieving a total of 1.2 billion RMB, representing a year-on-year growth of 15%[3]. - The company's revenue for the reporting period reached ¥333,349,885.87, representing a 46.23% increase compared to ¥227,962,561.25 in the same period last year[19]. - The net profit attributable to shareholders was ¥45,033,081.15, a significant recovery from a loss of ¥3,869,875.42 in the previous year[19]. - Basic earnings per share increased to ¥0.38, up from a loss of ¥0.03 per share in the same period last year[19]. - The gross profit margin for the first half of 2019 was reported at 45%, a slight increase from 42% in the same period last year[3]. - The company's revenue for the first half of the year reached ¥333,349,885.87, representing a 46.23% increase compared to ¥227,962,561.25 in the same period last year, primarily due to an increase in sales orders influenced by national industry policies[91]. - Operating costs increased by 33.53% to ¥189,108,270.62 from ¥141,617,759.30, corresponding to the rise in revenue[91]. User Growth and Market Expansion - User data indicates that the number of active users utilizing the company's RFID technology has reached 5 million, marking a 20% increase compared to the previous year[3]. - The company is expanding its market presence by entering three new provinces in China, aiming to increase market share by 25% in these regions by the end of 2019[3]. - The company plans to expand its ETC user base by over 8 million in the second half of 2019, with the issuance of OBU (On-Board Units) expected to peak[69]. - As of July 18, 2019, the total number of ETC users in China reached 91.51 million, with a net increase of 14.95 million users, representing a growth rate of 19.5%[68]. Product Development and Innovation - New product development includes the launch of an upgraded electronic toll collection system, expected to enhance transaction efficiency by 30%[3]. - The company plans to invest 100 million RMB in research and development for new technologies in the next fiscal year, focusing on IoT and AI integration[3]. - The company is actively involved in the development of new technologies and products in the smart transportation sector, including V2X communication systems and intelligent traffic management solutions[31]. - The company has developed multiple product categories for electronic toll collection, including multi-lane free-flow ETC systems and smart parking management systems[29]. - The company has successfully launched a 4G smart ETC+ driving recorder integrated product, which has received excellent market feedback[49]. Financial Management and Investments - The company has no plans to distribute cash dividends for the current fiscal year, opting to reinvest profits into growth initiatives[3]. - The company has invested over 10% of its total sales revenue in R&D annually, with nearly 450 patents held, including about 170 invention patents as of June 30, 2019[60]. - The company has temporarily used RMB 5,000.00 million of idle raised funds to supplement working capital, with a usage period not exceeding 6 months[113]. - The company reported an investment income of ¥4,428,315.91, primarily from financial products and equity investments[97]. Operational Risks and Challenges - Operational risks have been identified, including potential regulatory changes that could impact the RFID market, with mitigation strategies outlined in the report[3]. - The company acknowledges risks related to reliance on a single industry, primarily the intelligent transportation system for highways, and plans to diversify into new business areas[128]. - The company faces risks from increasing market competition, which may impact profitability due to potential price reductions from new entrants adopting low-price strategies[131]. - There is a risk of bad debts due to the growing accounts receivable as the business scales, which could pressure operational funds and negatively impact financial results[134]. Legal and Compliance Issues - The company is involved in a significant patent infringement lawsuit against Beijing Juli Technology, claiming damages of 100 million yuan[141]. - The company has ongoing litigation regarding a contract dispute with Hunan Litai, seeking payment of 1.7848 million yuan in principal and overdue payment penalties[142]. - The company has filed an administrative lawsuit against the State Intellectual Property Office regarding a patent invalidation decision, requesting the court to revoke the decision[142]. - The company has incurred litigation costs totaling 1.0836 million yuan related to the patent infringement case, which it has already paid[141]. Strategic Outlook - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2019, which would require a growth rate of approximately 10% in the second half[3]. - The company is focusing on international business opportunities in Southeast Asia, where there is increasing demand for smart transportation and parking projects[75]. - The company aims to leverage the new policies promoting ETC applications in parking facilities, targeting full coverage in major transportation hubs by the end of 2020[72]. - The company is actively participating in national pilot projects for smart highways and vehicle-road collaboration technologies[125].

证券代码：002869 证券简称：金溢科技 公告编号：2019-087 深圳市金溢科技股份有限公司 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。 为进一步加强与投资者的互动交流工作，深圳市金溢科技股份有限公司（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。 届时公司的董事会秘书郑映虹女士、财务总监聂磊先生、证券事务代表冯卓 琛先生将通过网络文字交流形式与投资者进行沟通。欢迎广大投资者积极参与。 特此公告。 深圳市金溢科技股份有限公司董事会 2019 ...

Revenue and Profitability - Revenue for Q1 2019 was CNY 145,452,974.84, a decrease of 3.41% compared to CNY 150,586,516.83 in the same period last year[7]. - Net profit attributable to shareholders increased by 35.85% to CNY 9,397,130.46 from CNY 6,917,280.00 year-on-year[7]. - Net profit excluding non-recurring items rose by 25.80% to CNY 5,292,373.56 compared to CNY 4,206,990.55 in the previous year[7]. - Basic earnings per share increased by 33.33% to CNY 0.08 from CNY 0.06 year-on-year[7]. - Net profit for Q1 2019 increased to CNY 7,772,136.86, compared to CNY 5,388,686.69 in Q1 2018, representing a growth of 44.2%[41]. - The total comprehensive income for Q1 2019 was 9,353,205.38 CNY, compared to 8,981,706.59 CNY in Q1 2018, reflecting an increase of about 4.1%[46]. Cash Flow and Liquidity - Operating cash flow improved significantly, with a net cash flow of CNY -34,418,484.17, a 70.24% improvement from CNY -115,670,854.57 in the same period last year[7]. - The cash flow from operating activities for Q1 2019 was -34,418,484.17 CNY, an improvement from -115,670,854.57 CNY in Q1 2018[48]. - The cash inflow from operating activities totaled 132,491,994.27 CNY, compared to 83,946,288.82 CNY in the previous year, marking an increase of approximately 58.0%[48]. - The company reported a total cash outflow from operating activities of 163,262,258.62 CNY, down from 199,078,338.81 CNY in the previous year[52]. - The ending balance of cash and cash equivalents was 266,473,807.03 CNY, slightly up from 265,022,635.93 CNY in the same period last year[53]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,373,691,293.78, a decrease of 0.62% from CNY 1,382,253,800.84 at the end of the previous year[7]. - Total current assets as of March 31, 2019, amounted to CNY 1,043,328,839.88, a slight decrease from CNY 1,048,355,820.40 as of December 31, 2018, representing a decline of approximately 0.3%[32]. - Total liabilities decreased to CNY 366,375,888.18 from CNY 382,710,532.10, indicating a decline of about 4.3%[33]. - The company's total equity increased to CNY 1,007,315,405.60 from CNY 999,543,268.74, reflecting a growth of approximately 0.2%[34]. Shareholder Information - The top shareholder, Shenzhen Minxing Electronics Co., Ltd., holds 20.03% of the shares, totaling 23,600,000 shares[11]. - The total number of ordinary shareholders at the end of the reporting period was 13,935[11]. Research and Development - The company received government subsidies amounting to CNY 1,269,104.54 related to R&D projects[8]. - Research and development expenses for Q1 2019 were CNY 14,968,745.04, down from CNY 16,859,474.23, a decrease of 11.2%[40]. Investment Activities - Investment income increased by 155.85% from CNY 1,503,082.19 to CNY 3,845,602.32 due to increased returns from matured financial products[15]. - The company received 198,810,694.07 CNY from investment activities, significantly higher than 52,492,248.86 CNY in the same period last year, representing an increase of approximately 278.5%[49]. Other Financial Metrics - Total operating costs for Q1 2019 were CNY 145,868,421.73, down from CNY 150,746,022.86, reflecting a reduction of 3.5%[40]. - Other income for Q1 2019 was CNY 3,337,149.93, compared to CNY 4,292,201.74 in the previous year, a decline of 22.3%[40]. - The company did not conduct an audit for the first quarter report[55]. - The company did not apply new financial instrument standards or new revenue standards for the first quarter[54].

Financial Performance - The company's operating revenue for 2018 was CNY 604,058,067.84, a decrease of 2.99% compared to CNY 622,649,833.01 in 2017[16]. - The net profit attributable to shareholders for 2018 was CNY 21,649,120.59, representing a significant decline of 75.79% from CNY 89,417,850.55 in 2017[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,258,441.42, down 95.70% from CNY 75,697,841.09 in the previous year[16]. - The net cash flow from operating activities was negative CNY 28,074,145.14, a decrease of 282.60% compared to CNY 15,374,820.84 in 2017[16]. - The basic earnings per share for 2018 was CNY 0.18, down 78.82% from CNY 0.85 in 2017[16]. - The total assets at the end of 2018 were CNY 1,382,253,800.84, a slight increase of 0.19% from CNY 1,379,681,672.73 at the end of 2017[18]. - The net assets attributable to shareholders were CNY 1,008,949,287.76, a decrease of 1.34% from CNY 1,022,640,167.17 in 2017[18]. - The company reported a total non-operating income of approximately ¥19.96 million, an increase from ¥16.31 million in the previous year, representing a growth of 10.2%[23]. - The company has reported a net profit of approximately ¥18.39 million, up from ¥13.72 million in the previous year, indicating a growth of 34.5%[23]. - The company’s fixed assets increased by 388.02% year-on-year, primarily due to the completion of construction projects[52]. - The company’s cash and cash equivalents decreased by 36.78% year-on-year, attributed to net cash outflows from operating activities and dividend distributions[52]. Dividend Distribution - The company plans to distribute a cash dividend of 0.60 CNY per 10 shares to all shareholders, based on a total share capital of 117,800,000 shares[4]. - The company declared a cash dividend of CNY 7,068,000, which represents 32.65% of the net profit attributable to ordinary shareholders[156]. - The total distributable profit for 2018 was CNY 246,645,159.19, after accounting for a net profit of CNY 20,272,460.76 and a legal surplus reserve of CNY 2,027,246.08[160]. - The cash dividend payout ratio for 2018 was 100% of the total profit distribution[157]. - The company did not propose any stock dividends or capital reserve transfers for the 2018 fiscal year[160]. - The cash dividend per 10 shares was set at CNY 0.60 (including tax)[157]. - The total number of shares used as the basis for the dividend distribution was 117,800,000[157]. Research and Development - The company invested over 10% of its total sales revenue in R&D annually, holding more than 400 patents, including nearly 150 invention patents[54]. - Research and development expenses for 2018 were ¥73,280,083.65, an increase of 9.11% from ¥67,158,702.34 in 2017[93]. - The number of R&D personnel decreased by 10.40% to 181, while the proportion of R&D personnel increased to 24.86%[95]. - The company has established a strong partnership with top research institutions to enhance its R&D capabilities and innovation[58]. - The company is focusing on the development of smart parking systems, leveraging advanced technologies such as AI and video recognition to enhance user experience[69]. - The company is heavily reliant on the intelligent transportation system industry, particularly in the non-stop toll collection system, which poses risks due to dependence on public sector budgets and macro policies[139]. Market Position and Strategy - The company has established itself as a leading provider of vehicle identification and electronic payment solutions in the smart transportation and IoT sectors in China[26]. - Major products include highway ETC products, path recognition products, and smart parking management systems, which are widely used in highway and urban traffic management[27]. - The company aims to expand its market presence through innovative product offerings and strategic partnerships in the smart transportation sector[26]. - The company is positioned to benefit from the rapid development of the smart transportation industry, with over 140,000 kilometers of highways in China creating a substantial market for related equipment[35]. - The company is actively involved in the development of intelligent transportation systems, including vehicle-to-everything (V2X) communication technologies[29]. - The company is focused on enhancing its overseas marketing capabilities and exploring opportunities in Latin America while establishing a presence in Southeast Asian markets[127]. Risks and Challenges - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[4]. - The report includes a detailed description of potential risks and countermeasures for future operations[4]. - The company is facing market competition risks, with product gross margins declining due to increased competition and potential price wars from new entrants[142]. - The company is addressing potential risks from technological changes and competition by maintaining high R&D investment and protecting its intellectual property rights[136][138]. - The company anticipates that government policies, such as the promotion of ETC usage, will positively impact its business development and performance[141]. - The company faces risks in new business development due to a lack of successful case studies and market acceptance of new technologies, which could impact financial performance[144]. Shareholder Commitments - The company has established a policy that prohibits major shareholders from transferring shares within two months of the IPO[165]. - The company’s stock lock-up period includes an extension clause based on stock performance post-IPO[166]. - The company has committed to not transferring shares or receiving cash dividends until all promises are fulfilled, ensuring alignment with shareholder interests[200]. - The company will ensure compliance with the decision-making procedures for related party transactions to protect shareholder interests[178]. - The company has established measures to publicly disclose any unfulfilled commitments and apologize to shareholders if necessary[200]. - The company will compensate investors for any losses incurred due to unfulfilled commitments[196]. Operational Efficiency - The company aims to enhance its operational efficiency by improving its supply chain and manufacturing processes, targeting an efficiency increase of over 10%[132]. - The company has implemented measures to control accounts receivable turnover and inventory turnover to reduce operational costs[191]. - The company is committed to enhancing human resource management and optimizing performance evaluation to improve overall performance[191]. - The company is actively pursuing new business opportunities in smart roads, vehicle-road collaboration, and smart parking, which are expected to become new growth points for revenue[139].

Financial Performance - Operating revenue for the reporting period was CNY 109,701,347.63, an increase of 25.62% compared to the same period last year[8] - Net profit attributable to shareholders of the listed company was CNY 1,407,288.28, a significant increase of 56.61% year-on-year[8] - Basic earnings per share were CNY 0.01, unchanged from the previous year[8] - The weighted average return on net assets was 0.14%, an increase of 0.09 percentage points compared to the previous year[8] - Total revenue from other income decreased by 51.31% to ¥13,857,218.93 primarily due to reduced government subsidies[17] - Investment income reached ¥4,049,178.08 as a result of idle fundraising being invested in financial products[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,233,086,871.01, a decrease of 10.63% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company were CNY 984,837,580.02, down 3.70% year-on-year[8] - Cash and cash equivalents decreased by 51.12% to ¥314,679,300.76 due to net cash outflow from operating activities and increased fixed asset investments[16] - Prepayments increased by 63.54% to ¥42,082,977.17 mainly due to increased procurement payments[16] - Long-term equity investments rose to ¥2,673,839.67 due to new equity investments made during the period[16] - Construction in progress increased by 77.82% to ¥98,925,461.63 due to investments in infrastructure projects in Foshan and Qingdao[16] - Cash paid for fixed asset investments surged by 841.10% to ¥141,829,299.45 due to increased capital expenditures[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,677[12] - The largest shareholder, Shenzhen Minxing Electronics Co., Ltd., held 20.03% of the shares[12] - Share pledges by major shareholders include 4.353 million shares by Li Na, 6.26 million shares by Liu Yongping, and 335,000 shares by Yang Cheng[21] Future Outlook and Challenges - The estimated net profit attributable to shareholders for 2018 is expected to range from 1,000 to 3,000 million RMB, representing a decrease of 66.45% to 88.82% compared to 2017's net profit of 8,941.79 million RMB[26] - The slowdown in the original ETC business and intensified market competition have significantly reduced profit contributions, while the demand for path recognition services is anticipated to provide positive profit contributions[26] - New business initiatives are expected to have limited impact on overall revenue and profit, with ongoing investments continuing to exert pressure on profits[26] - Increased investments in brand building, talent acquisition, and office space expansion have notably impacted profits during the reporting period[26] - Government subsidies have significantly decreased year-on-year, further affecting profitability[26] Financial Management - The company has engaged in entrusted financial management, with a total amount of 19,500 million RMB in bank financial products sourced from raised funds[30] - The company has no overdue or unreturned amounts related to entrusted financial management[30] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[28] - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[25] Other Activities - The company has not conducted any research, communication, or interview activities during the reporting period[35]