Financial Performance - The company's revenue for Q3 2022 reached ¥2,216,684,681.76, representing a 34.53% increase year-over-year[8] - Net profit attributable to shareholders was ¥126,399,638.34, up 39.13% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥124,322,393.04, reflecting a 48.80% increase year-over-year[8] - The company's operating revenue for the current period was ¥6,089,660,825.66, representing a 32.94% increase from ¥4,580,787,152.77 in the previous period[2] - Total operating revenue for the third quarter reached ¥6,089,660,825.66, an increase of 33% compared to ¥4,580,787,152.77 in the same period last year[32] - The company's net profit attributable to shareholders increased to ¥1,894,021,243.71, compared to ¥1,576,209,668.75, representing a growth of approximately 20%[31] - The net profit for the period was CNY 344,978,144.21, up from CNY 261,087,450.54, reflecting a growth of about 32%[35] - Basic earnings per share increased to CNY 1.5891 from CNY 1.1610, marking a rise of approximately 37%[38] - The total comprehensive income attributable to the parent company's owners was CNY 363,537,314.68, compared to CNY 256,268,973.45 in the previous period, representing an increase of approximately 42%[37] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥11,525,697,222.61, a 13.27% increase from the end of the previous year[8] - The total assets of the company reached ¥11,525,697,222.61, up from ¥10,175,660,698.82, indicating a growth of approximately 13%[31] - Total liabilities increased to ¥7,209,767,398.19 from ¥6,230,481,421.22, reflecting a rise of about 16%[31] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥1,834,990,856.72, a significant decline of 197.61% compared to the previous year[8] - The net cash flow from operating activities was -¥1,834,990,856.72, a decrease of 197.61% compared to -¥616,583,945.81 in the previous period, influenced by increased material procurement costs[2] - Cash inflow from operating activities totaled CNY 4,931,934,938.57, compared to CNY 3,798,594,184.02 in the previous period, indicating an increase of around 30%[39] - Cash outflow from operating activities was CNY 6,766,925,795.29, up from CNY 4,415,178,129.83, resulting in a net cash flow from operating activities of CNY -1,834,990,856.72[39] - The net cash flow from financing activities increased by 63.28% to ¥1,050,704,370.64, driven by the expansion of business volume and increased bank loans[2] - Cash inflow from financing activities amounted to CNY 2,389,767,081.94, compared to CNY 906,474,761.33 in the previous period, indicating a substantial increase[41] - The net cash flow from financing activities was CNY 1,339,062,711.30, compared to CNY 262,988,056.37 in the previous period, reflecting a growth of over 408%[41] Investments and Expenses - Research and development expenses rose by 10.03% to ¥213,705,638.90, reflecting the company's commitment to enhancing market competitiveness[2] - Research and development expenses for the quarter were ¥213,705,638.90, up from ¥194,224,863.60, indicating an increase of about 10%[32] - The financial expenses surged by 1281.80% to ¥31,089,922.42, mainly due to bank loan interest and convertible bond interest[2] - The company has invested in the construction of the Wuxiang Cloud Valley Cloud Computing Center, leading to a 60.92% increase in construction in progress, totaling ¥705,084,198.76[13] Shareholder Information - The company has a total of 16,247 common shareholders, with the top shareholder, Li Jianguo, holding 38.65% of shares[17] Future Growth and Projects - The company has secured significant new projects, including the "Xijiang Co. centralized photovoltaic power station operation and maintenance project" and "2022 Tianjin Unicom communication room base distributed energy-saving photovoltaic power generation project" for future growth[24] - The company continues to expand its digital intelligent operation and maintenance services across communication and energy networks, enhancing service efficiency[24] - The company is focused on developing its self-researched Run series products, which cover various fields including renewable energy and smart education[24] Inventory and Receivables - Accounts receivable rose by 33.82% to ¥4,004,752,302.64, driven by a 32.94% increase in revenue[13] - Accounts receivable rose significantly to ¥4,004,752,302.64, compared to ¥2,992,566,474.62, marking a 34% increase[25] - Inventory levels increased to ¥1,184,182,397.80 from ¥1,148,883,036.33, showing a growth of about 3%[25]

Financial Performance - The company reported a revenue of RMB 1.5 billion for the first half of 2022, representing a year-on-year increase of 20%[23]. - Net profit attributable to shareholders reached RMB 300 million, up 15% compared to the same period last year[23]. - The company's operating revenue for the reporting period reached ¥3,872,976,143.90, representing a 32.04% increase compared to ¥2,933,117,426.49 in the same period last year[30]. - Net profit attributable to shareholders was ¥237,161,643.82, up 43.35% from ¥165,439,947.56 year-on-year[30]. - The company achieved a revenue of CNY 3.87 billion in the first half of 2022, representing a year-on-year growth of 32.04%[69]. - Net profit attributable to shareholders reached CNY 237 million, up 43.35% year-on-year, with a net profit margin of 6.12%[69]. - The company's gross margin improved by 0.45 percentage points to 19.37% year-on-year[69]. - The company's management expenses increased by 21.09% to CNY 118,066,321.22, attributed to rapid growth in operational scale[74]. - Research and development investment rose by 7.25% to CNY 135,973,417.46, aimed at enhancing market competitiveness[74]. - The company's gross profit margin improved due to the increase in revenue and corresponding cost inputs[80]. User and Market Expansion - The user base expanded to 5 million active users, reflecting a growth rate of 25% year-on-year[23]. - The company is exploring market expansion opportunities in Southeast Asia, targeting a 10% market share by 2025[23]. - The company aims to leverage the digital economy by developing digital products in areas such as social governance, education, and rural revitalization, enhancing the digital transformation of various industries[50]. - The company is expanding its market presence in intelligent operation and maintenance services, focusing on AI and IoT technologies to improve operational efficiency and decision-making capabilities[55]. Research and Development - The company has established 6 R&D centers and 14 R&D bases globally, with over 1,000 R&D personnel and cumulative R&D investment exceeding CNY 600 million in the past three years[62]. - The company has developed multiple digital SaaS platforms, including the "Integrated Management Platform" and "RunDo Series IoT Platform," enhancing operational efficiency and customer service[41]. - The company has obtained more than 460 intellectual property rights, including patents and software copyrights, enhancing its innovation and business expansion capabilities[116]. Investment and Financing - The company plans to invest RMB 200 million in R&D for new products and technologies in the next fiscal year[23]. - The company raised RMB 1.09 billion through a public convertible bond issuance to fund the construction of the Wuxiang Cloud Valley cloud computing center, which will feature 6,000 racks and meet national green data center standards[54]. - The total amount raised through the public issuance of convertible bonds was ¥1,090,000,000, with a net amount of ¥1,080,222,985.89 after deducting fees[102]. - The company has established a full-chain IDC service business, offering one-stop services including consulting, design, construction, and operation, with a focus on telecommunications operators and financial institutions[54]. Risks and Challenges - Risks identified include reliance on major clients and potential impacts from the COVID-19 pandemic[5]. - The company faces risks from market competition, reliance on major clients, management challenges due to rapid growth, and the need for technology and product updates[113]. - The company has implemented measures to enhance management capabilities through digital platforms and intelligent maintenance equipment[113]. Social Responsibility and Sustainability - The company aims to achieve carbon neutrality and actively promotes green development through modern technologies like AI and big data[131]. - The company donated 230,000 CNY to support rural education as part of its social responsibility initiatives, with total donations exceeding 17 million CNY[136]. - The company actively participated in major social events, providing communication and power support for the 2022 Winter Olympics, with an investment of over 1.63 million CNY[136]. - The company is committed to sustainable development, integrating energy-saving technologies and increasing environmental investments[131]. Shareholder Information - The total number of shares increased from 228,728,817 to 228,748,536, reflecting a change of 19,719 shares[185]. - The total number of common shareholders at the end of the reporting period was 17,608, with the largest shareholder, Li Jianguo, holding 38.65% of shares, totaling 88,415,037 shares[189]. - The company’s executives are subject to a 75% lock-up on their shares, with a total of 11,085,199 shares allocated to directors and senior management[182]. - The company has a total of 8 shareholders with more than 5% ownership, indicating a strong influence from major shareholders[189].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,702,972,152.57, representing a 43.27% increase compared to ¥1,188,644,350.51 in the same period last year[5] - Net profit attributable to shareholders for Q1 2022 was ¥102,571,276.46, up 48.38% from ¥69,129,547.37 in the previous year[5] - Basic earnings per share for Q1 2022 were ¥0.45, an increase of 45.16% from ¥0.31 in the same period last year[5] - Operating revenue increased by 43.27% to CNY 1,702,972,152.57 compared to the previous period, driven by stable growth in communication network maintenance and rapid growth in information and energy network maintenance businesses[11] - The company reported a 255.88% increase in non-operating income, reaching CNY 3,244,031.08, mainly from bond financing subsidies received during the reporting period[11] - The total profit for the current period was ¥119,183,763.70, compared to ¥82,705,396.28 in the previous period, representing an increase of about 43.9%[35] Cash Flow - The net cash flow from operating activities was negative at ¥1,701,838,557.41, a decrease of 316.77% compared to the previous year's negative cash flow of ¥408,342,463.62[5] - Cash flow from operating activities showed a significant decline of 316.77%, resulting in a net outflow of CNY 1,701,838,557.41, primarily due to increased material procurement expenses and delayed customer payments[11] - Cash inflow from operating activities totaled ¥1,438,642,800.76, compared to ¥1,169,262,614.80 in the previous period, an increase of approximately 22.9%[39] - The net cash flow from financing activities was 838,261,079.78, compared to 161,312,286.51 in the prior period, showing a strong financing position[42] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥9,968,049,139.89, a decrease of 2.04% from ¥10,175,660,698.82 at the end of the previous year[5] - The company's equity attributable to shareholders increased by 3.07% to ¥3,945,753,266.39 from ¥3,828,130,482.78 at the end of the previous year[5] - Total liabilities decreased from CNY 6.230 billion to CNY 5.887 billion during the reporting period[28] - The company's total current assets at the end of the reporting period amounted to CNY 8.225 billion, compared to CNY 8.004 billion at the beginning of the year[25] Business Growth - The company's network operation and maintenance business showed stable growth, with significant project wins from China Mobile, enhancing market share[21] - The information network maintenance business experienced rapid growth, leveraging a digital platform to expand services across over 23 provinces and 1,200 counties[21] - The energy network maintenance business saw high-speed growth, with a planned capacity of approximately 200MW for a new renewable energy project in Guangxi, involving a total investment of CNY 2 billion[21] - The company is actively expanding its IDC lifecycle service business, capitalizing on national strategies to enhance service offerings[21] Expenses - Operating costs rose by 41.36% to CNY 1,370,885,431.42, attributed to the expansion of business scale and increased operational volume[11] - Research and development expenses increased by 3.18% to CNY 60,220,565.18, as the company intensified its R&D investments to enhance market competitiveness[11] - The company reported a significant increase in sales expenses, which rose to ¥81,276,484.18 from ¥41,637,777.13 in the previous period, an increase of approximately 95.2%[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,509, with no preferred shareholders having restored voting rights[12] - The total equity attributable to shareholders increased from CNY 3.828 billion to CNY 3.946 billion[31] Investment Activities - Long-term equity investments decreased by 13.96% to CNY 45,934,286.36, mainly due to the disposal of subsidiary equity during the reporting period[11] - Investment income showed a loss of ¥949,552.76, a decline from a gain of ¥45,809.59 in the previous period, indicating a negative shift in investment performance[32] Government Support - The company received government subsidies amounting to ¥3,338,593.75, primarily related to bond financing support[7]

Dividend Distribution - The company plans to distribute a cash dividend of RMB 45,749,692.40 to all shareholders, based on a total share capital of 228,748,462 shares, which translates to a dividend of RMB 0.2 per 10 shares [7]. - The company is committed to maintaining a stable dividend distribution policy, adjusting the total dividend amount in case of changes in total share capital [7]. Financial Performance - The company's operating revenue for 2021 was CNY 6,602,328,309.95, representing a 57.47% increase compared to CNY 4,192,633,827.73 in 2020 [33]. - The net profit attributable to shareholders for 2021 was CNY 352,983,779.43, up 47.88% from CNY 238,703,087.67 in 2020 [33]. - The net profit after deducting non-recurring gains and losses was CNY 332,101,992.89, an increase of 48.04% from CNY 224,338,336.82 in 2020 [33]. - The net cash flow from operating activities was CNY 385,000,098.35, reflecting a 16.08% increase from CNY 331,657,337.95 in 2020 [33]. - The total assets at the end of 2021 were CNY 10,175,660,698.82, a 46.66% increase from CNY 6,938,337,297.51 at the end of 2020 [33]. - The net assets attributable to shareholders at the end of 2021 were CNY 3,828,130,482.78, up 18.47% from CNY 3,231,369,495.63 at the end of 2020 [33]. - The basic earnings per share for 2021 were CNY 1.540, a 42.59% increase from CNY 1.08 in 2020 [33]. - The diluted earnings per share for 2021 were CNY 1.450, reflecting a 35.51% increase from CNY 1.07 in 2020 [33]. - The weighted average return on equity for 2021 was 10.41%, an increase of 2.33 percentage points from 8.08% in 2020 [33]. Market Position and Strategy - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and innovations [6]. - The company is exploring opportunities for mergers and acquisitions to strengthen its market position [6]. - The company maintained a market share of approximately 3% in the communication network maintenance sector, with a total of 264,300 physical sites and 697,400 kilometers of optical cable lines maintained by the end of 2021 [49]. - The company is positioned to benefit from the "East Data West Computing" strategy, which aims to optimize the layout of data centers and enhance interconnectivity [50]. - The company is focusing on innovation strategies in technology, business models, and management to enhance core competitiveness and drive growth [85]. Research and Development - The company is actively involved in research and development to improve its technological capabilities and product lines [6]. - The company has established six R&D centers and 14 R&D bases globally, with an average annual R&D investment of RMB 186 million over the past three years, holding over 360 intellectual property rights [72]. - The company's R&D investment rose by 66.87% year-on-year, accounting for 4.18% of operating revenue, reflecting a strong commitment to innovation [79]. - The company has developed a series of digital SaaS platforms, including the "Comprehensive Maintenance Management Platform" and "RunDo Series Power IoT Platform" to enhance operational efficiency [57]. Risk Management - The company acknowledges various risks including market competition, reliance on major clients, and management risks due to rapid growth, as well as risks related to technology and product updates [6]. - The company has a strategic plan to address potential risks, including those posed by the COVID-19 pandemic [6]. - The company is addressing management risks associated with rapid growth by implementing standardized and digital management practices to enhance operational efficiency [178]. Corporate Governance - The company is dedicated to enhancing its corporate governance and ensuring compliance with regulatory requirements [6]. - The company has established a comprehensive internal audit system, ensuring independence and compliance with regulations [190]. - The board of directors consists of nine members, including three independent directors, meeting legal requirements [189]. - The company maintains complete independence from its controlling shareholder in terms of business, assets, personnel, and financial operations [193]. Sustainability and Social Responsibility - The company is focused on sustainability and social responsibility as part of its long-term strategy [6]. - The company aims to achieve a reduction in energy consumption intensity of no less than 20% by the end of the 14th Five-Year Plan period, as stated in China Mobile's 2021 sustainability report [54]. - The company is focusing on the "dual carbon" strategy and the construction of a new power system to accelerate the expansion of its renewable energy management services [174]. Customer and Supplier Relations - The total sales amount from the top five customers reached approximately CNY 1.93 billion, accounting for 29.27% of the annual sales [109]. - The largest customer, China Mobile Guangdong, contributed CNY 863.21 million, representing 13.07% of total annual sales [109]. - The total procurement amount from the top five suppliers is ¥2,337,977,861.35, accounting for 42.77% of the annual total procurement [112]. Financial Management - The company has included 46 subsidiaries in its consolidated financial statements, with ownership stakes ranging from 35% to 100% [99]. - The company has not reduced any subsidiaries during the reporting period [107]. - The company has a robust investor relations management system, ensuring timely and accurate information disclosure to all investors [188].

Financial Performance - The company's revenue for Q3 2021 reached ¥1,647,669,726.28, representing a 46.08% increase compared to the same period last year[2] - Net profit attributable to shareholders was ¥90,853,182.33, up 65.03% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥83,551,709.12, reflecting a 65.19% increase from the previous year[2] - Basic earnings per share for the period was ¥0.4116, a rise of 65.04% compared to the same quarter last year[4] - Revenue for the period reached ¥4,580,787,152.77, a 60.85% increase compared to ¥2,847,898,043.94 in the same period last year[10] - Net profit increased by 129.07% to ¥261,087,450.54 from ¥113,976,837.16 year-on-year[13] - Total operating revenue for the period reached ¥4,580,787,152.77, a significant increase from ¥2,847,898,043.94 in the previous period, representing a growth of approximately 60.8%[31] - Net profit for the period was ¥261,087,450.54, up from ¥113,976,837.16 in the same period last year, reflecting a growth of approximately 129.5%[34] - The net profit attributable to the parent company was approximately ¥256.29 million, compared to ¥145.11 million in the previous period, representing an increase of 76.67%[38] - The total comprehensive income attributable to the parent company was approximately ¥256.27 million, up from ¥145.10 million, reflecting a growth of 76.67%[38] - The basic earnings per share increased to ¥1.1610 from ¥0.6574, marking a rise of 76.67%[38] Assets and Liabilities - Total assets at the end of the period amounted to ¥8,817,901,744.14, an increase of 27.09% from the end of the previous year[4] - Total assets of the company reached ¥8,817,901,744.14, compared to ¥6,938,337,297.51 in the previous year, marking an increase of approximately 27.0%[29] - Total liabilities increased to ¥5,156,991,804.15 from ¥3,630,071,927.31, representing a growth of about 42.0%[29] - The company's equity attributable to shareholders rose to ¥3,533,725,596.81, up from ¥3,231,369,495.63, indicating an increase of approximately 9.4%[29] - The company reported a significant increase in accounts payable, which decreased to ¥917,357,917.38 from ¥1,108,439,919.93, indicating a reduction of about 17.2%[29] Cash Flow - The company reported a net cash flow from operating activities of -¥616,583,945.81, indicating a significant decline of 429.10% year-on-year[2] - Cash inflows from operating activities totaled approximately ¥3.80 billion, compared to ¥3.08 billion in the previous period, an increase of 23.41%[42] - Cash outflows from operating activities were approximately ¥4.42 billion, up from ¥2.89 billion, indicating a rise of 53.36%[42] - The net cash flow from operating activities was negative at approximately -¥616.58 million, compared to a positive ¥187.35 million in the previous period[42] - The net cash flow from investing activities was negative at approximately -¥481.09 million, compared to -¥708.09 million in the previous period, showing an improvement[45] - The net cash flow from financing activities was approximately ¥643.49 million, compared to ¥33.80 million in the previous period, indicating significant growth[45] Operational Highlights - The company plans to continue expanding its business in information network maintenance and energy network maintenance sectors[12] - The company reported a stable growth in communication network management business, with rapid growth in IDC data network management, information network management, and energy network management[21] - The company secured significant projects, including the comprehensive maintenance procurement project from China Tower Corporation in Guizhou Province and the maintenance service project from China Mobile Guangdong[21] - The company has enhanced its R&D investment, focusing on digital transformation and technical innovation, leading to the development of various digital platforms and solutions[21] - The "Xunhu Platform" won the "2021 Excellent Case Award for Digital Twin and Urban Brain," showcasing the company's technological capabilities[21] - The company is positioned as a key player in the "Internet of Everything" era, expanding its management capabilities across multiple network domains[18] - The company aims to further extend its management capabilities to the energy network sector to ensure smooth and stable operations[18] Research and Development - Research and development expenses rose by 98.48% to ¥194,224,863.60, reflecting increased investment in enhancing market competitiveness[10] - Research and development expenses were ¥194,224,863.60, which is nearly double the ¥97,853,725.08 spent in the previous period, showing a 98.1% increase[34]

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2021, representing a year-on-year increase of 15%[1]. - The net profit attributable to shareholders reached 200 million CNY, up 10% compared to the same period last year[1]. - The company's operating revenue for the first half of 2021 was approximately ¥2.93 billion, representing a 70.54% increase compared to the same period last year[34]. - The net profit attributable to shareholders for the same period was approximately ¥165.44 million, an increase of 83.71% year-on-year[34]. - The company reported a basic earnings per share of ¥0.749, an increase of 83.58% compared to the previous year[34]. - Total operating revenue reached ¥2,933,117,426.49, a year-on-year increase of 70.54% from ¥1,719,938,628.57[78]. - The maintenance business accounted for 99.95% of total operating revenue, with a revenue of ¥2,931,702,527.87, up 70.60% year-on-year[82]. - Revenue from information network maintenance surged by 359.34% to ¥650,367,966.32, contributing 22.17% to total revenue[78]. - The gross profit margin for the maintenance business improved to 18.92%, up from 15.84% in the previous year[82]. - The company reported a positive net profit for the first half of 2021, with a year-on-year increase of 10%[146]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2022[1]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[1]. - Future strategies may include market expansion and potential mergers or acquisitions to enhance growth prospects[197]. Research and Development - The company has allocated 150 million CNY for research and development in new technologies for the upcoming fiscal year[1]. - The company has established multiple research institutes focusing on digital platforms, 5G technology applications, and energy management, resulting in over 250 intellectual property achievements[68]. - Research and development investment increased by 128.35% to ¥126,777,664.22 from ¥55,519,473.87, reflecting the company's commitment to enhancing market competitiveness through increased R&D efforts[75]. - The company has established six R&D centers and has a research team of 800 people to support rapid business development[116]. Operational Performance - User data indicates a growth in active users by 25%, reaching 5 million users by the end of June 2021[1]. - The company operates in four major business segments: communication network management, IDC data network management, information network management, and energy network management[43]. - The company has established a service network covering 29 provinces, 209 cities, and 1263 counties, enhancing its operational capabilities[43]. - The company has a comprehensive technical service capability, providing integrated support from construction to maintenance across various service projects[66]. - The company has increased its R&D investment, focusing on digital transformation needs and technical innovation, which has improved its network maintenance capabilities and service efficiency[55]. Financial Health and Risks - The net cash flow from operating activities showed a significant decline, with a net outflow of approximately ¥242.95 million, a decrease of 212.99% compared to the previous year[34]. - The company faces risks including market competition and reliance on major clients, which could impact future performance[1]. - The company's cash and cash equivalents decreased to ¥1,742,749,872.68, accounting for 21.01% of total assets, down from 29.19% the previous year[92]. - Accounts receivable rose to ¥2,004,719,754.73, representing 24.16% of total assets, an increase attributed to rapid growth in business revenue[95]. Shareholder and Governance - The board has decided not to distribute cash dividends for this fiscal year, focusing on reinvestment for growth[1]. - The company has established a stable profit distribution policy to ensure reasonable returns to investors[140]. - The company aims to maintain a stable stock price through various measures, including share buybacks and management share purchases[147]. - The company has fulfilled its commitment regarding share transfer restrictions for major shareholders for a period of 36 months post-IPO[144]. - The total number of ordinary shareholders at the end of the reporting period was 22,951, with a significant concentration of ownership among the top shareholders[195]. Social Responsibility and Environmental Commitment - The company donated approximately 2.7 million CNY to support education and rural poverty alleviation[139]. - The company has passed the ISO 14001:2015 environmental management system certification, emphasizing its commitment to environmental protection[134]. - The company actively responded to the COVID-19 pandemic by enhancing communication infrastructure and network maintenance in affected areas[138].

Dividend Distribution - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[4]. - The total cash dividend amount for 2020 was ¥33,111,952.05, representing 13.87% of the net profit attributable to ordinary shareholders[143]. - The cash dividend for 2019 was ¥26,489,561.64, which accounted for 11.51% of the net profit attributable to ordinary shareholders[143]. - The cash dividend distribution plan includes a payout of ¥1.5 per 10 shares (including tax) without any stock dividends[144]. - The total distributable profit for the company was ¥1,257,286,319.92, with the cash dividend amount constituting 100% of the profit distribution total[144]. - The company has committed to distributing at least 10% of the annual distributable profit as cash dividends if there are no significant investment plans or cash expenditures[146]. - The company has a structured cash dividend policy in place, ensuring compliance with regulations and shareholder interests[140]. - The company is in a mature development stage and plans to distribute at least 80% of its distributable profits as cash dividends when there are no significant capital expenditure arrangements[147]. - The company must ensure that its distributable profits are positive and cash flow is sufficient before implementing cash dividends[147]. - The board of directors will propose a profit distribution plan after the end of each accounting year, which must be discussed with independent directors[147]. - The company accepts suggestions and supervision from all shareholders regarding dividend distribution[147]. Financial Performance - The company's operating revenue for 2020 was CNY 4,192,633,827.73, representing a 12.80% increase compared to CNY 3,717,024,985.94 in 2019[19]. - The net profit attributable to shareholders for 2020 was CNY 238,703,087.67, a 3.76% increase from CNY 230,046,221.21 in 2019[19]. - The net profit after deducting non-recurring gains and losses was CNY 224,338,336.82, which is a 13.66% increase from CNY 197,384,519.59 in 2019[19]. - The total assets at the end of 2020 were CNY 6,938,337,297.51, a 40.53% increase from CNY 4,937,168,337.10 at the end of 2019[19]. - The net assets attributable to shareholders increased by 13.52% to CNY 3,231,369,495.63 from CNY 2,846,581,521.81 at the end of 2019[19]. - The basic earnings per share for 2020 were CNY 1.08, up 3.85% from CNY 1.04 in 2019[19]. - The diluted earnings per share for 2020 were CNY 1.07, an increase of 2.88% from CNY 1.04 in 2019[19]. - The weighted average return on equity for 2020 was 8.08%, a slight decrease from 8.41% in 2019[19]. - The company reported a total revenue of CNY 1,344,735,783.79 in Q4 2020, with a net profit of CNY 93,592,102.55 attributable to shareholders[23]. Risk Management - The company faces various risks including market competition, reliance on major clients, and risks associated with rapid growth and technological updates[4]. - The company emphasizes the importance of investor awareness regarding potential investment risks outlined in the report[4]. - The company has a comprehensive risk management strategy to address challenges posed by the COVID-19 pandemic and other market dynamics[4]. - The company is actively working to reduce reliance on major clients like China Mobile by exploring opportunities with other telecom operators and government clients[130]. - The company emphasizes safety management and operational efficiency to mitigate risks associated with rapid growth and market competition[129]. Operational Strategy - The report includes a detailed analysis of the company's operational performance and future development plans[4]. - The company is committed to maintaining transparency and accountability in its financial reporting practices[3]. - The company aims to expand its power and new energy business, leveraging its existing capabilities in smart energy and 5G shared distribution networks[36]. - The company is focusing on the integration of communication technology services with cloud services and IDC services to drive growth[33]. - The company aims to expand its research investment in digitalization, focusing on innovative solutions in energy management and industrial IoT applications[51]. - The company plans to continue expanding its digitalization services and enhance its market presence in the power and new energy sectors[70]. - The company is committed to sustainable growth by expanding into new business areas while maintaining its core communication technology services[31]. Investment and Acquisitions - The company plans to invest RMB 1.09 billion in the construction of the Wuxiang Cloud Valley Cloud Computing Center, which is expected to start operations in 2022[33]. - The company acquired a 65% stake in Yuyou Data Technology to enhance its cloud services and IDC capabilities, aiming to become a leading data center service provider in China[61]. - The company established several new subsidiaries, including Shanghai Runjian Technology Co., Ltd. and Tianjin Anke Technology Co., Ltd., with no significant impact on overall operations[125]. - The company has established multiple R&D institutions to maintain technological advancement and market competitiveness[132]. Research and Development - Research and development expenses increased by 40.17% to ¥165,396,527.57, representing 3.94% of operating revenue[89]. - The number of R&D personnel rose by 89.75% to 1,499, making up 35.84% of the total workforce[89]. - The company established several R&D institutes focusing on AI, big data, 5G, and IoT technologies, enhancing its digital solutions[89]. - The total investment in R&D was ¥165,396,527.57, with no capitalized R&D expenses reported[89]. - The total expense recognized for the stock option incentive plan during the reporting period was approximately 18.39 million CNY, with core R&D personnel accounting for about 41% of this cost[176]. Market Position and Competition - The company has a strong market position in communication technology services, being a leading private enterprise in the industry[31]. - The company is positioned as a leading private enterprise in the communication technology service sector, benefiting from increasing market concentration and demand for integrated services[45]. - The company has established partnerships with major firms like China Mobile and Huawei to enhance its industry digitalization capabilities[35]. - The company won multiple key projects in communication technology services across 20 provinces, maintaining stable growth in performance[60]. Financial Adjustments and Compliance - The company confirmed that there were no non-standard audit reports for the reporting period[155]. - The company implemented the new revenue recognition standards starting January 1, 2020, resulting in adjustments to various financial statement items, including a contract liability of CNY 250,272,762.05 and a decrease in accounts receivable by CNY 767,180,384.11[156]. - The adjustments made due to the new revenue recognition standards were approved by the board on April 28, 2020[157]. - The company has not made any equity investments during the reporting period[108]. Corporate Governance - The board of directors has approved the annual report, ensuring all members were present during the meeting[4]. - The company’s actual controller and major shareholders have committed to not reducing their holdings in the company’s stock for 36 months post-IPO[145]. - The independent directors will provide independent opinions on the profit distribution plan proposed by the board of directors[147]. - The company will ensure that any commercial opportunities obtained by its actual controllers that may compete with the company will be immediately notified and offered to the company[147].

证券代码：002929 证券简称：润建股份 公告编号：2021-047 债券代码：128140 债券简称：润建转债 润建股份有限公司 关于参加投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和 完整，没有虚假记载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，润建股份有限公司（以下简称"公司"） 将参加由广西上市公司协会、深圳市全景网络有限公司共同举办的"2021年广西 地区上市公司投资者网上集体接待日活动"，现将有关事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的互联网平台举 行，投资者可以登陆"全景·投资者关系互动平台"网站（http：//ir.p5w.net）参与 公司本次投资者集体接待日活动，活动时间为2021年5月21日（星期五）15:30至 17:00。 届时公司董事、财务总监梁姬女士；董事会秘书罗剑涛先生将通过网络在线 问答互动的形式，与投资者就公司治理、发展经营情况、融资情况和可持续发展 等投资者关注的问题进行交流。期间，公司高管将全程在线，通过全景网投资者 关系互动平台实时回答投资者的提问。 欢迎广大投资者积极参与。 特此公告 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,188,644,350.51, representing a 79.77% increase compared to ¥661,219,051.37 in the same period last year[10] - Net profit attributable to shareholders was ¥69,129,547.37, up 69.76% from ¥40,722,889.11 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥68,516,773.55, reflecting a 71.20% increase from ¥40,022,061.57 in the previous year[10] - The basic earnings per share increased to ¥0.31, a rise of 72.22% compared to ¥0.18 in the same period last year[10] - The total profit for the current period was ¥82,705,396.28, which is a 85.0% increase from ¥44,657,148.56 in the previous period[82] - The total comprehensive income for the current period was ¥68,776,451.12, compared to ¥36,864,343.67 in the previous period, reflecting an increase of 86.6%[82] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,033,181,747.19, a 1.37% increase from ¥6,938,337,297.51 at the end of the previous year[10] - The net assets attributable to shareholders increased to ¥3,303,232,388.07, up 2.22% from ¥3,231,369,495.63 at the end of the previous year[10] - The company's total assets as of March 31, 2021, were CNY 6,557,872,597.85, compared to CNY 6,530,448,932.00 at the end of 2020, showing a slight growth in asset base[71] - The total liabilities decreased to CNY 3,268,059,704.79 from CNY 3,312,933,299.06, indicating improved financial stability[71] - The company's equity increased to CNY 3,289,812,893.06 from CNY 3,217,515,632.94, reflecting retained earnings and overall financial health[71] Cash Flow - The net cash flow from operating activities was negative at -¥408,342,463.62, a significant decrease of 608.01% compared to ¥80,381,170.77 in the same period last year[10] - The company's financing activities generated a net cash flow of ¥161,312,286.51, a significant turnaround from -¥153,390.90 in the previous period[29] - Cash inflow from operating activities was CNY 1,042,544,165.34, up from CNY 803,851,666.48 in the previous period[97] - The total cash and cash equivalents at the end of the period were CNY 1,540,419,416.90, down from CNY 554,371,380.85 in the previous period[96] Research and Development - Research and development expenses increased by 178.74% to ¥58,362,816.71, up from ¥20,938,194.06, reflecting a significant investment in innovation[28] - The company's research and development expenses rose to ¥49,841,513.17, up 162.9% from ¥18,944,201.63 in the previous period, indicating a strong focus on innovation[83] Investments and Financing - The company made a strategic investment of ¥5.5 million to acquire a 10% stake in Mai Rong Gao Ke, enhancing its portfolio[30] - The company has invested RMB 1,090,000,000.00 from convertible bonds, with a net amount of RMB 1,080,222,985.89 after expenses[40] - Cash inflow from financing activities included CNY 263,000,000.00 from borrowings, with no previous borrowings reported[100] Operational Efficiency - The company reported a net profit margin improvement, with net income figures to be detailed in future reports, indicating positive operational efficiency[75] - The company experienced a significant increase in sales expenses, which rose to ¥36,995,650.70, compared to ¥18,906,901.22 in the previous period, indicating increased marketing efforts[83] Government Support and Awards - The company received government subsidies amounting to ¥1,449,387.92 during the reporting period[10] - The company received multiple project awards, including a contract worth ¥89,188,900 from China Mobile Jiangsu for local network construction services[30]

Financial Performance - The company's operating revenue for 2020 was CNY 4,192,633,827.73, representing a 12.80% increase from CNY 3,717,024,985.94 in 2019[34]. - The net profit attributable to shareholders for 2020 was CNY 238,703,087.67, a 3.76% increase compared to CNY 230,046,221.21 in 2019[34]. - The net profit after deducting non-recurring gains and losses was CNY 224,338,336.82, which is a 13.66% increase from CNY 197,384,519.59 in the previous year[34]. - The net cash flow from operating activities decreased by 29.39% to CNY 331,657,337.95 from CNY 469,716,382.10 in 2019[34]. - The total assets at the end of 2020 were CNY 6,938,337,297.51, reflecting a 40.53% increase from CNY 4,937,168,337.10 at the end of 2019[34]. - The net assets attributable to shareholders increased by 13.52% to CNY 3,231,369,495.63 from CNY 2,846,581,521.81 in 2019[34]. - Basic earnings per share for 2020 were CNY 1.08, up 3.85% from CNY 1.04 in 2019[34]. - The diluted earnings per share were CNY 1.07, a 2.88% increase from CNY 1.04 in the previous year[34]. - The weighted average return on equity was 8.08%, a slight decrease of 0.33% from 8.41% in 2019[34]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[7]. Risk Management - The company faces various risks including market competition, reliance on major clients, and management risks due to rapid growth[7]. - The company has a comprehensive strategy to address risks related to technology and product updates, goodwill impairment, and the impact of the COVID-19 pandemic[7]. - The company is addressing management risks associated with rapid growth by enhancing safety management and organizational structure[192]. - The company is taking measures to control goodwill risks associated with acquisitions by managing acquisition costs and improving post-merger management[194]. Strategic Initiatives - The report indicates that the company is actively pursuing market expansion and technological innovation[7]. - The company is focused on developing new products and technologies, particularly in the 5G and IoT sectors[21]. - The company is committed to enhancing its competitive position through strategic acquisitions and partnerships[7]. - The company aims to enhance its service efficiency and effectiveness through increased digitalization and smart applications[55]. - The company plans to invest ¥1.09 billion in the Wuxiang Cloud Valley Cloud Computing Center project, expected to start operations in 2022[56]. - The company aims to capitalize on the government's focus on carbon neutrality and clean energy, particularly in the photovoltaic sector, to drive rapid business expansion[71]. - The company plans to increase R&D investment, focusing on high-tech areas such as industry digital platforms, 5G applications, and power IoT technologies to enhance core competitiveness[186]. Research and Development - The company has established several research and development institutes in 2020, focusing on AI, big data applications, and 5G technology, among other areas[93]. - The company has obtained over 250 patents, including invention patents and software copyrights, demonstrating its strong R&D capabilities[77]. - The number of R&D personnel rose to 1,499, an 89.75% increase from 790 in 2019, with R&D personnel now accounting for 35.84% of the total workforce[126]. - Research and development expenses increased by 40.17% to CNY 165,396,527.57 due to increased investment in R&D[124]. Operational Efficiency - The company emphasizes the importance of maintaining effective management and performance monitoring across its network operations[21]. - The company has implemented a standardized management system to improve operational efficiency and reduce costs in construction and maintenance[81]. - The company has strengthened its internal management structure and adopted a platform-based organization to enhance operational efficiency[94]. Market Position and Client Relationships - The company has established itself as a leading player in the communication technology service industry, recognized as a top supplier by major clients[54]. - The company provides comprehensive communication network maintenance services across over 20 provinces, ensuring network reliability and quality for operators[62]. - The total sales amount from the top five customers reached CNY 1,359,852,949.60, accounting for 32.43% of the annual total sales[120]. - The largest customer, China Mobile Guangdong, contributed CNY 444,934,958.50, representing 10.61% of the annual sales[120]. Financial Management - The company reported a net increase in cash and cash equivalents of CNY 854,134,634.23, a 641.33% increase compared to a decrease of CNY 157,785,608.71 in 2019[131]. - The company’s investment activities resulted in a net cash outflow of CNY 787,000,967.99, a 34.24% decrease from the previous year[130]. - The company issued convertible bonds in 2020, leading to a 247.85% increase in cash inflow from financing activities to CNY 1,590,693,101.20[130]. Social Responsibility - The company provided services to major clients like China Mobile and State Grid, ensuring communication and power safety during the COVID-19 pandemic, with a total donation of approximately RMB 1.8 million for pandemic prevention[87]. - The company has received 115 commendations from government and clients for its contributions during the pandemic[87].