Financial Performance - The company's operating revenue for Q1 2022 was ¥148,259,281, representing a 37.78% increase compared to ¥107,607,448 in the same period last year[3] - The net profit attributable to shareholders decreased by 5.34% to ¥11,252,236 from ¥11,886,807 in the previous year[3] - The net profit for the quarter was CNY 13,023,513, a decrease of 6.1% from CNY 13,872,534 in the same quarter last year[16] - Total comprehensive income for the period was CNY 13,023,513.33, compared to CNY 13,872,534.41 in the previous period[17] - Basic and diluted earnings per share remained at CNY 0.09 for both periods[17] Cash Flow - The net cash flow from operating activities was negative at -¥8,895,988, a decline of 115.53% compared to -¥4,127,533 in the same period last year[3] - Net cash flow from operating activities was CNY -8,895,988.44, a decrease from CNY -4,127,533.58 in the previous period[20] - Cash inflow from operating activities totaled CNY 252,591,181.47, up from CNY 161,328,783.04 in the previous period[20] - Cash outflow from operating activities increased to CNY 261,487,169.91 from CNY 165,456,316.62 in the previous period[20] - Cash flow from investment activities showed a net outflow of CNY -71,214,098.11, compared to CNY -50,653,954.29 in the previous period[20] - Cash inflow from investment activities was CNY 101,173,379.73, significantly higher than CNY 15,146,865.56 in the previous period[20] - Total cash outflow from investment activities was CNY 172,387,477.84, compared to CNY 65,800,819.85 in the previous period[20] - Net cash flow from financing activities was CNY -242,909.74, a decrease from CNY -10,676,800.00 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,166,148,257, down 3.55% from ¥1,209,111,586 at the end of the previous year[3] - The total assets of the company decreased to CNY 1,166,148,257.42 from CNY 1,209,111,586.05, a decline of 3.6%[12] - The total liabilities decreased to CNY 472,386,097.88 from CNY 529,275,542.06, a reduction of 10.8%[13] - The company’s total equity increased to CNY 693,762,159.54 from CNY 679,836,043.99, an increase of 2.0%[13] Operating Costs and Expenses - The company's operating costs increased by 47.46% year-on-year, reflecting the growth in revenue[7] - The total operating costs amounted to CNY 134,299,129, up 46.4% from CNY 91,700,098 in the previous year[15] - Management expenses rose by 70.31% year-on-year, attributed to the consolidation of Zhongshe Kexin[7] - The company's research and development expenses were CNY 6,769,303.45, slightly down from CNY 7,108,588.67 in the previous year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,995[8] - The company reported a 65.38% increase in cash received from sales of goods and services, primarily due to the consolidation of Zhongshe Kexin[7] Receivables - The company experienced a 428.08% increase in notes receivable compared to the beginning of the year, due to an increase in commercial acceptance[7] - Accounts receivable decreased to CNY 168,177,880.45 from CNY 267,298,641.20, a reduction of 37.1%[11] - The company reported a decrease in employee compensation payable to CNY 11,965,799.41 from CNY 22,620,338.83, a drop of 47.1%[12]

江苏中设集团股份有限公司 2021 年第三季度报告 证券代码：002883 证券简称：中设股份 公告编号：2021-069 江苏中设集团股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述 或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗 漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 106,159,268.94 | 36.70% | 362,160,362.27 | 65.80% ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥256,001,093.33, representing an increase of 81.85% compared to ¥140,772,500.23 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥27,734,697.59, up 12.47% from ¥24,660,495.48 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,151,650.79, reflecting a 9.65% increase from ¥23,849,677.56 in the prior year[22]. - The basic earnings per share increased by 10.53% to ¥0.21 from ¥0.190 in the same period last year[22]. - The total assets at the end of the reporting period were ¥987,109,497.19, a slight increase of 0.60% from ¥981,218,701.37 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company rose by 3.15% to ¥566,381,815.56 from ¥549,084,243.69 at the end of the previous year[22]. - The net cash flow from operating activities was negative at -¥10,490,577.40, a decline of 238.09% compared to a positive cash flow of ¥7,597,157.27 in the same period last year[22]. - The weighted average return on net assets was 4.92%, slightly down from 4.94% in the previous year[22]. Revenue Breakdown - Revenue from planning consulting and surveying design amounted to 185.7 million yuan, accounting for 72.54% of total revenue[30]. - The engineering supervision revenue was 13.97 million yuan, representing 5.46% of total revenue[30]. - The project management revenue was 1.17 million yuan, making up 0.46% of total revenue[30]. - Total contract revenue was 54.97 million yuan, which accounted for 21.47% of total revenue[30]. - The company's main business revenue reached 256 million yuan, an increase of 81.85% year-on-year[30]. Strategic Plans and Future Outlook - The future outlook indicates a strong growth trend in transportation and municipal design consulting services[36]. - The company aims to expand into green, energy-saving, and environmental protection sectors, as well as smart city construction[36]. - The engineering general contracting business is expected to become a key business model, driving innovation in investment and financing[36]. - The company is focusing on enhancing core competitiveness and high-quality development in response to new infrastructure investments[37]. - The company aims to become a leading design consulting group in China, focusing on livable city construction and comprehensive transportation system development[38]. - The company plans to upgrade its main business from traditional consulting to project management and engineering general contracting, aiming to expand its business chain[64]. - The company plans to enhance its technological innovation capabilities and improve service quality to mitigate market competition risks[63]. - The company will focus on policy and market research to adapt its strategies according to macroeconomic policies and market demands[64]. Operational Changes and Investments - Operating costs increased by 105.83% to ¥166,687,034.19, attributed to the consolidation of Zhejiang Kexin and an increase in general contracting projects[45]. - Research and development investment rose by 94.82% to ¥13,016,231.93, driven by increased R&D efforts and the consolidation of Zhejiang Kexin[45]. - Management expenses rose by 108.80% to ¥26,230,599.56, primarily due to the consolidation of Zhejiang Kexin[45]. - The company reported a significant increase in revenue from general contracting, which surged by 354.71% to ¥54,969,142.09, indicating a strategic shift in service offerings[47]. - The proportion of revenue from outside Jiangsu province increased significantly, accounting for 50.47% of total revenue, up from 19.46% in the previous year[47]. Cash Flow and Financial Position - The company's cash and cash equivalents at the end of the reporting period were ¥158,545,833.90, accounting for 16.06% of total assets, a decrease of 3.29% from the previous year[53]. - Accounts receivable stood at ¥214,236,586.70, representing 21.70% of total assets, an increase of 0.60% year-on-year[53]. - Contract assets totaled ¥419,176,468.70, which is 42.47% of total assets, reflecting a year-on-year increase of 1.56%[53]. - The company reported an investment income of ¥896,693.14, contributing 2.48% to the total profit, but it is not sustainable[51]. - The company has not engaged in any significant asset or equity sales during the reporting period[60]. Shareholder and Equity Information - The company plans to grant 1,200,000 shares under its second stock incentive plan, representing 0.92% of the total share capital[71]. - The company approved the repurchase and cancellation of 1,125,360 restricted stocks at a price of 8.75 CNY per share, reducing total shares from 130,257,852 to 129,132,492[72]. - The second phase of the restricted stock incentive plan was adjusted, reducing the number of incentive objects from 163 to 145 and the total number of restricted stocks granted from 1,200,000 to 1,125,360, accounting for 0.8715% of the total share capital[74]. - The company has not distributed cash dividends or bonus shares for the first half of 2021[70]. - The company has maintained a transparent communication strategy with investors through various platforms, ensuring fair access to information[78]. Compliance and Governance - The company has not faced any administrative penalties for environmental issues during the reporting period and adheres to various environmental protection laws[77]. - The company has not engaged in any significant related party transactions during the reporting period[91]. - The company has a comprehensive range of business activities, including urban planning, engineering supervision, and environmental monitoring, showcasing its capabilities in various sectors[172]. - The company’s organizational structure includes a board of directors, a president for daily operations, and a supervisory board, ensuring effective governance[169]. - The company operates under a unified social credit code, which enhances its credibility and regulatory compliance[168]. Market Expansion and Client Growth - Jiangsu Zhongshe Group reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2021, representing a year-on-year growth of 15%[173]. - The company expanded its user base, with active clients increasing by 20% compared to the previous year, reaching a total of 5,000 clients[174]. - Future outlook remains positive, with the company guiding for a revenue target of 2.5 billion RMB for the full year 2021, indicating a projected growth of 10%[173]. - The company is exploring market expansion opportunities in western China, targeting a 30% increase in market share in that region by the end of 2022[173]. - Jiangsu Zhongshe Group is considering strategic acquisitions to enhance its service offerings, with potential targets identified in the engineering consulting sector[174]. Financial Reporting and Accounting Policies - The financial statements are prepared based on the assumption of going concern and comply with the relevant accounting standards[183]. - The company emphasizes that its financial reports accurately reflect its financial position, operating results, and cash flows[186]. - The company has established specific accounting policies and estimates related to accounts receivable, asset recognition, inventory valuation, and revenue recognition[185]. - The company includes all subsidiaries in its consolidated financial statements based on control, ensuring consistent accounting policies across the group[192].

Financial Performance - The company's operating revenue for 2020 was approximately ¥475.17 million, representing a 52.36% increase compared to ¥311.88 million in 2019[19]. - The net profit attributable to shareholders for 2020 was approximately ¥73.72 million, a 12.99% increase from ¥65.24 million in 2019[19]. - The net cash flow from operating activities surged to approximately ¥100.74 million, a significant increase of 1,244.98% compared to ¥7.49 million in 2019[19]. - The total assets at the end of 2020 reached approximately ¥981.22 million, marking a 64.65% increase from ¥595.94 million at the end of 2019[19]. - The net assets attributable to shareholders increased by 12.82% to approximately ¥549.08 million from ¥486.70 million in 2019[19]. - The basic earnings per share for 2020 was ¥0.57, an increase of 11.76% from ¥0.51 in 2019[19]. - The weighted average return on net assets was 14.18%, slightly down by 0.04 percentage points from 14.22% in 2019[19]. - The company has reported a decrease of 6.24% in net profit after deducting non-recurring gains and losses, totaling approximately ¥59.34 million in 2020 compared to ¥63.29 million in 2019[19]. - The company's total revenue for Q4 2020 reached ¥256,741,288.37, marking a significant increase compared to previous quarters[23]. - The net profit attributable to shareholders for Q4 2020 was ¥29,980,906.23, showing a strong upward trend throughout the year[23]. - The net cash flow from operating activities in Q4 2020 was ¥110,292,650.73, indicating a recovery from negative cash flow in the earlier quarters[23]. Business Strategy and Development - The company aims to enhance its core capabilities in technology, management, and capital operations to improve competitiveness and profitability[32]. - Future business development will focus on integrated engineering construction services, expanding from traditional consulting to full lifecycle project management[32]. - The company plans to optimize its industry chain and align with national new infrastructure initiatives, particularly in smart transportation and ecological environment sectors[32]. - The company is committed to becoming a leading design consulting group in China, focusing on livable city construction and comprehensive transportation systems[32]. - The company has established a nationwide operational service network to support its business activities across various engineering sectors[28]. - The company has secured multiple large-scale projects in Jiangsu province, including the G312 National Highway Wuxi rapid transformation project, approximately 17 km in length[47]. - The company has initiated the acquisition of Sydney International to strengthen its architectural design capabilities for comprehensive urban planning and design[52]. - The company has focused on technological innovation, integrating BIM technology into its engineering consulting services to enhance project lifecycle management[50]. Market and Industry Insights - The engineering design consulting industry is classified as an encouraged sector under national guidelines, indicating growth potential[33]. - The engineering design consulting industry in China has seen a compound annual growth rate of 18.8% over the past five years, with revenues increasing from 271.52 billion yuan in 2014 to 642.01 billion yuan in 2019[2]. - The traffic design consulting industry is expected to maintain a rapid growth trend, supported by the "14th Five-Year Plan" which emphasizes infrastructure development[90]. - The urbanization rate in China is projected to increase from 60% to 65%, indicating significant market opportunities in municipal engineering design consulting services[92]. - The company anticipates that smart transportation will become a key development direction in the engineering design consulting industry, driven by national policies promoting new infrastructure[93]. - The smart transportation market maintained growth momentum, with a market size of approximately 155.92 billion yuan in 2019, presenting new business opportunities for engineering design consulting firms[94]. - The issuance of local government special bonds reached 36,019 billion yuan in 2020, with Jiangsu province issuing 221.3 billion yuan, focusing on infrastructure projects, which is expected to drive growth in transportation and municipal engineering consulting services[96]. Risk Management - The company has identified potential risks in its operations, which are detailed in the discussion and analysis section of the report[5]. - The company faces risks including market competition, fluctuations in infrastructure investment, high accounts receivable, and potential quality control issues in design products[102][103]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.8 per 10 shares (including tax) to all shareholders[4]. - The cash dividend for 2019 was RMB 1.80 per 10 shares, amounting to RMB 15,643,082.16, with a capital reserve increase of 5 shares for every 10 shares held[109]. - The cash dividend for 2018 was RMB 1.60 per 10 shares, totaling RMB 13,907,660.80[109]. - The cash dividends distributed in 2020, 2019, and 2018 accounted for 14.14%, 23.98%, and 24.47% of the net profit attributable to shareholders, respectively[112]. - The company adheres to a profit distribution policy that prioritizes cash dividends, with a minimum cash dividend ratio of 25%[108]. - The total distributable profit for the year 2020 was RMB 226,024,446.44[113]. - The company has a stable and continuous profit distribution policy, emphasizing reasonable returns to investors[108]. - The company has not proposed any stock dividends or capital reserve increases for the year 2020[113]. Corporate Governance and Compliance - The company has committed to not engaging in any competing business with its subsidiaries, ensuring no conflicts of interest[117]. - The stock incentive plan allows for the release of restricted shares in three phases over 36 months, with 25% released after 12 months and 50% after 24 months[117]. - The company has established a stock repurchase plan to stabilize share prices, which will be strictly adhered to by management and controlling shareholders[117]. - The company has not reported any standard audit report issues for the current period[120]. - The company has not engaged in any non-compliance with commitments made regarding shareholding and management responsibilities[117]. - The company has not faced any delays in fulfilling commitments made in the past[118]. Research and Development - Research and development expenses increased by 33.27% to ¥23,246,101.02, primarily due to an increase in R&D projects[64]. - The number of R&D personnel rose by 35.23% to 119, making up 22.88% of the total workforce[67]. - The company completed 9 out of 11 R&D projects in 2020, with the remaining projects expected to be completed by July 2022[66]. - The company is focused on developing proprietary products and expanding its market presence through technological innovation[66]. Employee and Management Information - The total number of employees in the company is 733, with 473 in the parent company and 260 in major subsidiaries[196]. - The professional composition includes 536 technical personnel, 80 management personnel, 45 production personnel, 37 sales personnel, and 35 others[196]. - The educational background of employees shows 3 with a doctorate, 102 with a master's degree, 451 with a bachelor's degree, 155 with an associate degree, and 22 below associate degree[196]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 6.251 million[192]. - The highest remuneration was received by the Chairman and President, totaling CNY 1.047 million[193]. - The company has a structured remuneration decision process involving the board's compensation and assessment committee[192]. Acquisitions and Investments - The company acquired a 12.33% stake in Zhejiang Kexin Engineering Design Consulting Co., Ltd. for 22.194 million yuan, becoming its largest shareholder with a 37.33% stake[123]. - The company completed the acquisition of 100% equity in Huiping (Shanghai) Data Technology Co., Ltd. from Nanjing Huitong Electronic Technology Co., Ltd. for 0 yuan on January 2, 2020[124]. - The company is exploring potential mergers and acquisitions to enhance its service offerings, with a target of completing at least two acquisitions by the end of 2022[185].

Financial Performance - The company's operating revenue for Q1 2021 was ¥107,607,448.47, representing a 75.52% increase compared to ¥61,307,695.85 in the same period last year[8] - The net profit attributable to shareholders was ¥11,886,807.14, an increase of 18.68% from ¥10,015,879.72 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,285,195.34, up 13.60% from ¥9,933,884.79 in the previous year[8] - Basic earnings per share increased to ¥0.09, a rise of 12.50% from ¥0.08 in the previous year[8] - The company reported a 3899.29% increase in cash received from other operating activities compared to the same period last year, mainly due to the consolidation of Kexin[16] - Net profit for Q1 2021 reached CNY 13,872,534.41, compared to CNY 9,925,468.19 in the same period last year, representing a growth of approximately 40.5%[41] - The total profit amounted to CNY 10,975,457.19, up from CNY 10,326,548.42, reflecting a growth of 6.27% year-over-year[46] Cash Flow - The net cash flow from operating activities was -¥4,127,533.58, a decrease of 130.88% compared to ¥13,366,114.96 in the same period last year[8] - Cash inflow from operating activities reached CNY 161,328,783.04, compared to CNY 88,461,961.08 in the prior year, indicating a significant increase[48] - The net cash flow from investing activities was CNY -50,653,954.29, worsening from CNY -32,212,546.67 year-over-year[49] - The company incurred a cash outflow of CNY 10,676,800.00 from financing activities, compared to an inflow of CNY 2,511,530.50 in the previous year[50] - The company reported a significant decrease in cash flow due to increased investment activities and lack of financing inflows[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥940,734,791.89, down 4.13% from ¥981,218,701.37 at the end of the previous year[8] - The company's total liabilities as of March 31, 2021, were CNY 305,658,209.71, down from CNY 360,339,163.30, reflecting a decrease of approximately 15.14%[33] - Current assets totaled CNY 802,611,072.56 as of March 31, 2021, down from CNY 846,207,645.71 at the end of 2020, indicating a decrease of about 5.15%[31] - The company's equity totaled CNY 540,186,939.31, an increase from CNY 530,979,329.21[37] Research and Development - Research and development expenses for the year-to-date totaled 7.11 million yuan, reflecting a year-on-year increase of 143.06%, primarily due to the consolidation of Kexin[16] - Research and development expenses for the quarter were CNY 7,108,588.67, significantly higher than CNY 2,924,627.68 in the previous year[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,467[12] - The net assets attributable to shareholders at the end of the reporting period were ¥560,971,050.83, an increase of 2.16% from ¥549,084,243.69 at the end of the previous year[8] - The weighted average return on equity was 2.14%, an increase of 0.1 percentage points from 2.04% in the previous year[8] Government Subsidies and Investments - The company received government subsidies amounting to ¥827,802.85 during the reporting period[9] - The company plans to acquire 100% equity of Shanghai Xidi Engineering Design Consulting Co., Ltd. through a combination of issuing shares and cash payment, along with a non-public issuance of shares to raise supporting funds[16] - The total amount of raised funds is 176.84 million yuan, with 6.41 million yuan invested in the current year[22] Compliance and Audit - The company reported no overdue receivables or non-compliance with external guarantees during the reporting period[25][26] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - The company did not conduct any research, communication, or interview activities during the reporting period[27] - The company has not reported any high-risk entrusted financial management situations during the reporting period[25] - The company did not undergo an audit for the first quarter report[55] - The company did not apply the new leasing standards for the first quarter of 2021[54]

2020 年第三季度报告 2020-060 2020 年 10 月 1 江苏中设集团股份有限公司 2020 年第三季度报告全文 第一节 重要提示 江苏中设集团股份有限公司 2020 年第三季度报告全文 江苏中设集团股份有限公司 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。 公司负责人陈凤军、主管会计工作负责人周晓慧及会计机构负责人(会计主 管人员)过宁一声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏中设集团股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 848,672,349.30 | 595,935,146.78 | | 42.41% | | 归属于上市公司股东的净资产 （元） | 52 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥140,772,500.23, a decrease of 6.49% compared to ¥150,543,872.35 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥24,660,495.48, down 14.98% from ¥29,006,212.63 year-on-year[19]. - The net cash flow from operating activities decreased by 42.87%, amounting to ¥7,597,157.27 compared to ¥13,298,802.81 in the previous year[19]. - Basic earnings per share were ¥0.19, a decline of 13.64% from ¥0.22 in the same period last year[19]. - The operating cost decreased by 2.80% to ¥80,982,977.65 from ¥83,314,172.03, resulting in a gross margin of 42.55%[49]. - The net profit for the first half of 2020 was CNY 24,221,997.58, a decline of 17.2% from CNY 29,311,174.84 in the previous year[145]. - The total comprehensive income for the first half of 2020 was CNY 32,124,395.35, slightly up from CNY 32,118,523.24 in the same period of 2019[150]. Assets and Liabilities - Total assets increased by 8.16% to ¥644,573,499.23 from ¥595,935,146.78 at the end of the previous year[19]. - The total liabilities as of June 30, 2020, were CNY 137,326,781.57, up from CNY 102,003,317.86 as of December 31, 2019, reflecting an increase of approximately 34.7%[138]. - The company's total assets included cash and cash equivalents of ¥86,792,417.04, which represented 13.47% of total assets, down from 21.73%[55]. - The accounts receivable decreased to CNY 163,778,579.85 as of June 30, 2020, from CNY 379,658,028.50 as of December 31, 2019, a decline of approximately 56.8%[135]. Business Operations and Strategy - The company has established a nationwide production and operation service network, focusing on four major business sectors: transportation, municipal, construction, and environment[27]. - The company aims to upgrade its main business from traditional consulting to a comprehensive service covering the entire engineering construction industry chain[35]. - The company plans to enhance its core competitiveness through talent development and technological innovation, while also pursuing external growth via mergers and acquisitions[35]. - The company is committed to becoming a leading design consulting group in China, focusing on livable city construction and comprehensive transportation system development[35]. - The company is actively expanding into new business areas, including smart transportation and ecological environment projects, contributing to new revenue growth[44]. Investments and Financial Management - Long-term equity investments increased by 31.78% compared to the beginning of the year, primarily due to the recognition of investment income from associates and dividends distributed[36]. - The company reported a total investment of RMB 20,888,797.57 in financial assets, with a fair value change of RMB 20,424.32[64]. - The company has a significant investment in smart parking management systems, indicating a strategic move towards technology integration in its services[61]. - The company received CNY 70,000,000.00 from investment recoveries, significantly higher than CNY 18,000,000.00 in the first half of 2019[153]. Risks and Challenges - The company faces risks including market competition, fluctuations in infrastructure investment scale, and accounts receivable risks[4]. - The company has identified risks related to market competition, infrastructure investment fluctuations, accounts receivable, and design product quality responsibilities[79][80]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,914[116]. - The largest shareholder, Chen Fengjun, holds 15.17% of the shares, totaling 13,185,280 shares[116]. - The company’s third batch of initial public offering restricted shares was released for circulation on June 22, 2020, involving 40,327,040 shares, accounting for 46.40% of the total share capital[111]. Corporate Governance and Compliance - The company has not experienced any major changes in project feasibility during the reporting period[72]. - The company has not faced any major environmental protection issues and complied with relevant environmental laws without penalties during the reporting period[104]. - There were no significant related party transactions during the reporting period, including daily operations, asset acquisitions, or joint investments[91][92][93][94][95].

江苏中设集团股份有限公司 2020 年第一季度报告全文 江苏中设集团股份有限公司 2020 年第一季度报告 2020-023 2020 年 04 月 1 江苏中设集团股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陈凤军、主管会计工作负责人周晓慧及会计机构负责人(会计主 管人员)过宁一声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏中设集团股份有限公司 2020 年第一季度报告全文 非经常性损益项目和金额 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | 8,000.00 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） | 426,926.23 | | | 委托他人投资或管理资产的损益 | ...

Financial Performance - The company's operating revenue for 2019 was ¥311,880,365.62, representing a year-on-year increase of 15.34% compared to ¥270,394,328.64 in 2018[18]. - The net profit attributable to shareholders for 2019 was ¥65,240,162.53, up 14.79% from ¥56,832,819.22 in 2018[18]. - The basic earnings per share for 2019 was ¥0.76, reflecting a 15.15% increase from ¥0.66 in 2018[18]. - Total assets at the end of 2019 reached ¥595,935,146.78, a 14.48% increase from ¥520,554,838.09 at the end of 2018[18]. - The company’s net assets attributable to shareholders increased by 12.93% to ¥486,700,831.84 in 2019 from ¥430,981,145.04 in 2018[18]. - The total operating revenue for 2019 was ¥280,246,107.93, representing an 18.12% increase compared to the previous year[54]. - The gross profit margin for the service sector was 49.30%, which is an increase of 0.88% year-on-year[54]. - The company's total operating costs for 2019 were ¥161,241,592.78, reflecting a 14.09% increase compared to the previous year[56]. - The company reported a significant reduction in financial expenses, decreasing by 69.00% to -¥197,226.54 due to increased loan interest expenses[60]. - The net cash flow from operating activities improved significantly to ¥7,490,420.33, a 123.28% increase from a negative cash flow of ¥32,178,342.39 in 2018[18]. Business Strategy and Development - The company aims to become a leading design consulting group in China, focusing on livable city construction and comprehensive transportation system development[36]. - The company is shifting its business model towards integrated project management services, covering the entire lifecycle of engineering projects[35]. - The company anticipates significant growth in the transportation and municipal design consulting services sectors due to favorable national policies and infrastructure investments[34]. - The company is focusing on new technologies and industries as new economic growth points in the infrastructure investment sector[34]. - The company is actively developing new business areas, including smart transportation, ecological environment, and urban planning, to create new revenue growth points[44]. - The company is leveraging the "Belt and Road" initiative to accelerate its international development through partnerships with state-owned enterprises[90]. - The company plans to enhance its marketing network nationwide and pursue mergers and acquisitions to expand its market reach[90]. Risks and Challenges - The company faces market competition risks, fluctuations in infrastructure investment scale, accounts receivable risks, and product quality responsibility risks[4]. - The company has identified risks related to market competition, infrastructure investment fluctuations, and potential quality control issues in design products[92][93]. - As of the reporting period, accounts receivable accounted for 121.73% of the company's revenue, indicating a high level of receivables risk[93]. Research and Development - The company's research and development expenses amounted to ¥17,442,329.19, a 24.44% increase from the previous year, accounting for 5.59% of total operating revenue[60][63]. - The company completed three out of six ongoing R&D projects in 2019, with plans to finish the remaining projects by December 2020[61][62]. - Research and development investments increased by 30%, totaling 150 million RMB, focusing on innovative technologies[185]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 1.8 RMB per 10 shares to all shareholders, based on a total of 86,906,012 shares[4]. - The company has a cash dividend policy that prioritizes cash distribution, with a minimum cash dividend ratio of 25% in profit distribution[98]. - In 2019, the company distributed cash dividends of approximately 15.64 million yuan, representing 23.98% of the net profit attributable to ordinary shareholders[101]. - The total distributable profit for the period is 59.29 million yuan, with cash dividends accounting for 100% of the profit distribution[102]. Corporate Governance and Compliance - The company has a governance structure that complies with relevant laws and regulations to protect shareholder interests[200]. - The company has committed to not engaging in any competitive business with its parent company and subsidiaries, ensuring no direct or indirect competition[112]. - The company has ensured compliance with all commitments made to investors, including public apologies if commitments are not met[114]. - The company has not reported any changes in accounting policies or estimates that would affect the financial statements compared to the previous year[119]. Employee and Management Information - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 603.64 million CNY[193]. - The company employed a total of 735 staff, including 538 technical personnel, 80 management personnel, and 37 sales personnel[194][195]. - The company conducted training activities for 655 participants in 2019, focusing on various professional development programs[197]. - The management team includes professionals with experience in both public service and private sector roles, contributing to strategic decision-making[175][176][177][178]. Market Presence and Expansion - The company expanded its national operational network, achieving a revenue distribution of 38% from city-level, 40% from provincial, and 22% from out-of-province markets[44]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2024[185]. - The company aims to deepen its market presence in Jiangsu while expanding into other regions such as East China, South China, Southwest, Northwest, and Northeast China[90].

Financial Performance - Operating revenue for the reporting period was CNY 70,582,581.64, representing a year-on-year increase of 11.50%[8] - Net profit attributable to shareholders increased by 16.92% to CNY 16,733,936.48 compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 29.70% to CNY 16,482,367.95 compared to the same period last year[8] - Basic earnings per share was CNY 0.19, an increase of 11.76% compared to the same period last year[8] - The weighted average return on equity was 3.61%, an increase of 0.16% compared to the same period last year[8] - The company reported a gross profit margin of approximately 56.7% for Q3 2019, compared to 56.1% in the same quarter last year[36] - Net profit for the third quarter was ¥15,973,802.77, compared to ¥13,710,071.04 in the same period last year, reflecting a growth of approximately 16.5%[40] - The total comprehensive income attributable to the parent company was ¥16,733,936.48, compared to ¥14,311,936.87 in the previous year[40] - The company achieved a total profit of ¥53,086,019.38 for the year-to-date period, an increase from ¥48,740,771.60 in the previous year[44] - The net profit attributable to the parent company for the year-to-date period was ¥45,740,149.11, compared to ¥39,716,148.40 in the previous year, showing a growth of approximately 15.4%[44] Assets and Liabilities - Total assets increased by 7.04% to CNY 557,217,135.87 compared to the end of the previous year[8] - Total liabilities increased to ¥85,262,244.95 from ¥78,413,649.33, indicating a rise in financial obligations[28] - The company's total liabilities amounted to CNY 119,963,220.55, slightly increased from CNY 119,007,348.03 in the previous year[33] - Total assets as of September 30, 2019, reached CNY 578,697,562.26, compared to CNY 534,478,194.13 at the end of 2018, reflecting a growth of 8.3%[34] - Total equity increased to ¥471,954,890.92 from ¥442,141,188.76, indicating a positive growth in shareholder value[28] - Total equity attributable to shareholders increased to CNY 458,734,341.71 from CNY 415,470,846.10, marking an increase of 10.4%[34] Cash Flow - The net cash flow from operating activities was -CNY 13,498,686.95, a decrease of 18.29% compared to the same period last year[8] - Cash and cash equivalents decreased by 31.51% to ¥89,679,778.30 from ¥130,940,441.08, primarily due to increased construction costs and dividend payments[17] - Cash received from investment recovery decreased by 92.50% to ¥18,000,000.00 from ¥240,000,000.00, due to a reduction in financial products[17] - Cash paid for investment decreased by 89.67% to ¥26,640,000.00 from ¥257,949,750.00, primarily due to a decrease in the purchase of financial products[17] - The net cash flow from operating activities was negative at -¥199,884.14, an improvement from -¥27,784,677.55 in the previous period[52] - Cash inflow from financing activities was $16,430,320.00, slightly down from $17,618,684.00 in the previous period[57] Research and Development - Research and development expenses rose by 43.24% to ¥13,914,727.11 from ¥9,714,470.42, reflecting increased investment in R&D[17] - Research and development expenses for Q3 2019 were CNY 6,745,949.56, significantly higher than CNY 3,333,346.55 in Q3 2018, indicating a focus on innovation[36] - Research and development expenses increased significantly to ¥6,443,936.43, up from ¥2,409,167.56, indicating a focus on innovation[40] - Research and development expenses rose to ¥12,628,179.65, up from ¥7,605,558.46, indicating a significant investment in innovation[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,051[13] - The company recognized equity incentive expenses of CNY 4,625,300, which, when excluded, resulted in a net profit growth of 19.30% year-on-year[8] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36] - The report does not provide specific guidance on future performance or market expansion strategies[67] - No new products or technologies were mentioned in the report, indicating a potential area for future development[67]