Financial Performance - The company's operating revenue for the first half of 2022 was ¥928,778,365.93, a decrease of 14.79% compared to ¥1,090,024,803.53 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥70,019,320.39, down 25.66% from ¥94,184,732.67 in the previous year[23]. - The basic earnings per share decreased by 21.43% to ¥0.11 from ¥0.14 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥71,646,285.33, a decrease of 12.03% from ¥81,439,603.44 in the same period last year[23]. - The company's operating revenue for the reporting period was ¥928,778,365.93, a decrease of 14.79% compared to ¥1,090,024,803.53 in the same period last year[47]. - The company's operating costs decreased by 15.48% to ¥685,222,993.69 from ¥810,756,389.89 year-on-year[47]. - The net profit for the first half of 2022 was CNY 68,172,345.35, a decline of 26.00% from CNY 92,125,068.63 in the first half of 2021[135]. - The total comprehensive income for the first half of 2022 was ¥99.51 million, a decrease from ¥121.27 million in the same period of 2021[139]. Cash Flow and Assets - The net cash flow from operating activities was ¥1,073,372.89, a significant improvement from a negative cash flow of ¥388,425,094.25 in the same period last year, representing a 100.28% increase[23]. - The cash and cash equivalents decreased to ¥222,367,280.44, representing 3.44% of total assets, down from 6.47% at the end of the previous year[52]. - The company's cash and cash equivalents decreased to CNY 177,887,767.92 from CNY 398,970,236.27, representing a decline of 55.54%[132]. - The ending balance of cash and cash equivalents was ¥158.04 million, down from ¥354.24 million at the end of the first half of 2021[142]. - The total current assets decreased from ¥4,488,279,292.89 at the start of 2022 to ¥4,376,032,268.61 by June 30, 2022, a reduction of approximately 2.5%[127]. - The company's total assets decreased from ¥6,589,119,675.96 at the start of 2022 to ¥6,468,141,905.85 by June 30, 2022, a decrease of approximately 1.8%[129]. Investments and R&D - Research and development expenses were ¥56,702,320.50, down 7.31% from ¥61,172,566.10 in the previous year[48]. - The company reported a total of 243 patents as of June 30, 2022, with 6 new patents granted in the first half of 2022[45]. - The company has successfully implemented over 3,000 smart hospital projects nationwide, with new projects launched in Xiamen, Zhumadian, and Ningbo during the reporting period[38]. - The company is advancing its product technology upgrades, focusing on the transportation sector and enhancing its green wave online product[39]. - The company is actively exploring cloud-based service tools and remote deployment to mitigate the impact of COVID-19 on project delivery and reduce costs[32]. Risks and Challenges - The company faces risks including policy risks, core personnel turnover risks, and risks related to business model innovation[4]. - In the first half of 2022, the global COVID-19 pandemic significantly impacted the company's order acquisition and business operations, leading to increased project implementation costs[70]. - The company has faced challenges such as weakened customer demand and extended accounts receivable collection periods due to the pandemic[70]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[4]. - The total cash dividend distributed to shareholders for the 2021 fiscal year amounted to CNY 22,952,618.01 (including tax)[85]. - The company granted 14.72 million stock options to 247 incentive targets under its stock option incentive plan[79]. - The total number of shares outstanding is 655,789,086, with 95.65% being unrestricted shares[111]. Corporate Governance - The company has established a talent management and incentive system to mitigate the risk of core personnel turnover[68]. - The company is focusing on optimizing its business model by balancing existing and new business segments to reduce innovation risks[69]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[85]. - There were no significant litigation or arbitration matters during the reporting period[94]. Future Outlook - The company plans to enhance project planning and risk mitigation strategies while improving its rapid delivery and remote deployment capabilities[70]. - The management expressed optimism about future performance, aiming for a revenue growth target of 10% for the next fiscal year[151]. - The company plans to enhance its market expansion strategies and invest in new technology development to drive future growth[151].

Financial Performance - The company's operating revenue for 2021 was CNY 1,999,686,204.20, a decrease of 6.48% compared to CNY 2,138,181,930.27 in 2020[22] - The net profit attributable to shareholders for 2021 was CNY 98,973,352.30, down 37.24% from CNY 157,704,491.11 in 2020[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 76,646,215.16, a decline of 43.88% from CNY 136,571,286.96 in 2020[22] - The net cash flow from operating activities was negative CNY 260,368,904.13, worsening by 184.58% compared to negative CNY 91,492,084.57 in 2020[22] - The basic earnings per share for 2021 was CNY 0.15, a decrease of 37.50% from CNY 0.24 in 2020[22] - The total assets at the end of 2021 were CNY 6,589,119,675.96, a decrease of 1.85% from CNY 6,713,578,738.66 at the end of 2020[22] - The net assets attributable to shareholders at the end of 2021 were CNY 3,450,812,699.29, down 0.64% from CNY 3,472,927,540.91 at the end of 2020[22] - The company reported a significant decline in revenue from the Northeast region by 17.55%, while the Southwest region saw an increase of 8.25%[75] - The company's total operating revenue for 2021 was ¥1,999,686,204.20, a decrease of 6.48% compared to ¥2,138,181,930.27 in 2020[71] - The net profit attributable to shareholders was ¥98,973,352.30, down 37.24% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥76,646,215.16, a decline of 43.88%[71] Revenue Segmentation - Revenue from smart transportation was ¥946,451,480.45, accounting for 47.33% of total revenue, while revenue from smart healthcare increased by 4.41% to ¥348,720,270.92, representing 17.44% of total revenue[74] - The revenue from smart transportation was CNY 946,451,480.45, down 6.28% year-on-year, while the gross margin improved slightly to 29.96%[77] - The smart healthcare segment saw a revenue increase of 4.41% to CNY 348,720,270.92, with a gross margin of 34.29%[77] - The smart city segment experienced a revenue decline of 12.18% to CNY 677,693,654.60, with a gross margin of 14.67%[77] Strategic Initiatives - The company is positioned as a "city brain" operator, focusing on traffic control and grassroots governance, which aligns with national policies promoting digital transformation in urban management[34] - The "14th Five-Year Plan" emphasizes new infrastructure investment in the transportation sector, which is expected to drive demand for the company's services[33] - Nearly 500 cities in China have initiated "city brain" construction plans, with investments exceeding hundreds of billions, indicating a growing market opportunity[35] - The company aims to leverage data governance and urban management innovations to enhance its service offerings and capture market growth[36] - The strategic focus on digital economy and smart city solutions positions the company favorably for future growth in the evolving urban landscape[37] - The company aims to enhance AI-enabled traffic governance, with successful implementations in cities like Nanchang, Xichang, and Liaoyuan[47] - The investment scale for smart city projects, including "City Brain," is expected to reach CNY 100 billion during the 14th Five-Year Plan period[40] - The company is focusing on building a comprehensive "one network management" system to improve cross-departmental collaboration and data integration[41] Research and Development - Research and development expenses increased by 48.66% to CNY 106,639,311.66, reflecting the company's commitment to innovation[82] - The company's R&D investment amounted to ¥141,877,409.12 in 2021, representing 7.09% of its operating revenue, an increase from 4.27% in 2020[89] - The number of R&D personnel increased to 252 in 2021, accounting for 39.25% of the total workforce, a slight decrease from 39.45% in 2020[88] - The capitalized R&D expenditure for 2021 was ¥29,441,879.77, which constituted 20.75% of the total R&D investment[89] Market Expansion and Partnerships - The company has established strategic partnerships with major entities such as China Mobile, China Telecom, and Zhejiang University to enhance its digital governance initiatives[56] - The company has expanded its market presence to 20 regions across various provinces including Zhejiang, Anhui, and Sichuan, anticipating strong business growth in 2022[57] - The company is actively pursuing new product development and technological advancements to enhance its service offerings[129] - The management team has emphasized a strategic focus on market expansion and potential mergers and acquisitions to drive growth[129] Corporate Governance - The company has held five shareholder meetings in 2021, ensuring equal rights for all shareholders and maintaining transparency in its operations[116] - The board of directors consists of nine members, including three independent directors, complying with legal and regulatory requirements[117] - The company has implemented a strategic plan to enhance its talent acquisition and management processes, recognizing talent as a core competitive advantage[109] - The company has a dedicated financial department and independent financial decision-making processes[120] - The company has implemented a stock option incentive plan for 2021, which was discussed in the fourth temporary shareholder meeting[123] Risk Management - The company faces various risks including policy risks, core personnel turnover risks, and uncertainties in its business model[5] - The company has established a robust internal control and risk management system to address challenges arising from its expanding scale[111] - The company emphasizes compliance with laws and regulations, ensuring timely and accurate information disclosure to enhance transparency and credibility[164] Social Responsibility - The company actively fulfills its corporate social responsibilities while creating value for shareholders[163] - The company is committed to legal operations, actively paying taxes and supporting local economic development[164] - The company focuses on employee welfare, optimizing work environments and providing regular bonuses to enhance employee satisfaction and safety[164]

Financial Performance - The company's revenue for Q1 2022 was ¥508,969,316.12, a slight increase of 0.24% compared to ¥507,725,465.84 in the same period last year[3] - Net profit attributable to shareholders decreased by 13.36% to ¥50,006,253.77 from ¥57,717,285.51 year-on-year[3] - The net profit after deducting non-recurring gains and losses increased by 7.07% to ¥49,477,765.96 compared to ¥46,209,771.29 in the previous year[3] - The basic earnings per share decreased by 11.11% to ¥0.08 from ¥0.09 in the same period last year[3] - The diluted earnings per share also decreased by 11.11% to ¥0.08 from ¥0.09 year-on-year[3] - The weighted average return on equity was 1.44%, down from 1.64% in the previous year[3] - Total operating revenue for Q1 2022 was CNY 508,969,316.12, a slight increase from CNY 507,725,465.84 in Q1 2021, representing a growth of 0.25%[21] - Net profit for Q1 2022 was CNY 48,893,784.29, down from CNY 56,759,176.03 in the same period last year, indicating a decline of about 13.3%[22] - Earnings per share (basic and diluted) for Q1 2022 were both CNY 0.08, compared to CNY 0.09 in Q1 2021[23] - The total comprehensive income for Q1 2022 was CNY 48,893,784.29, down from CNY 74,447,944.03 in the previous year, indicating a decline of about 34.3%[22] Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥61,845,978.71, an 84.40% increase from -¥396,391,183.96 in the same period last year[3] - The cash inflow from operating activities for the current period was ¥702,950,222.23, an increase of 14.8% compared to ¥612,220,885.86 in the previous period[24] - The total cash outflow from operating activities was ¥764,796,200.94, a decrease of 24.2% from ¥1,008,612,069.82 in the previous period[24] - The total cash inflow from operating activities included ¥603,666,311.05 from sales of goods and services, an increase from ¥546,354,338.79 in the previous period[24] - The cash inflow from investment activities was ¥16,000,000.00, a decrease of 91.9% from ¥197,476,300.00 in the previous period[26] - The net cash flow from investment activities was ¥14,307,942.61, down from ¥196,126,531.45 in the previous period[26] - The cash inflow from financing activities was ¥450,564,942.79, a decrease of 2.6% compared to ¥461,319,562.79 in the previous period[26] - The net cash flow from financing activities was -¥173,898,376.55, worsening from -¥156,340,900.63 in the previous period[26] - The ending balance of cash and cash equivalents was ¥132,806,442.00, down from ¥277,243,600.71 in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,480,477,730.94, a decrease of 1.65% from ¥6,589,119,675.96 at the end of the previous year[3] - Total liabilities decreased to CNY 2,951,473,260.03 from CNY 3,109,008,989.34, reflecting a reduction of about 5.08%[19] - Shareholders' equity attributable to the parent company increased by 1.45% to ¥3,500,818,953.06 from ¥3,450,812,699.29 at the end of the previous year[3] - The total current assets decreased from CNY 4,488,279,292.89 at the beginning of the year to CNY 4,393,882,999.58 by the end of the quarter, reflecting a decline of approximately 2.1%[17] - Cash and cash equivalents dropped significantly from CNY 425,997,510.12 to CNY 228,692,696.51, a decrease of about 46.3%[17] - Accounts receivable increased slightly from CNY 1,891,057,204.26 to CNY 1,892,482,584.41, indicating a growth of approximately 0.1%[17] - Inventory rose from CNY 39,601,069.70 to CNY 54,169,769.85, marking an increase of about 36.7%[17] - The long-term equity investment increased from CNY 589,944,044.61 to CNY 591,982,868.36, reflecting a growth of approximately 0.3%[17] Investments and Projects - The company reported non-recurring gains of ¥528,487.81, primarily from government subsidies and other income[5] - The company is involved in the PPP project for the Shenyang Regional Population Health Information Platform, which was officially launched in December 2019 and is currently in its second year of operation[13] - The company has a contract worth CNY 27,580,000 for the Yunnan Huaping to Lijiang Expressway project, which is currently in the debugging phase[13] - The company received CNY 65,126,182.21 from the sale of equity in Yibang International as of the first quarter of 2022[14] - The company reported investment income of CNY 2,038,823.75, up from CNY 1,618,807.37, representing a growth of approximately 25.9%[22] Research and Development - Research and development expenses for Q1 2022 were CNY 7,479,962.26, slightly up from CNY 7,245,382.00 in Q1 2021, indicating an increase of about 3.24%[21] Stock and Audit - The company reported a total of 28,616,623 shares under lock-up, with 27,813,840 shares classified as post-IPO restricted shares[12] - The company has implemented a stock option incentive plan, with the first grant registration completed on January 4, 2022[14] - The company did not conduct an audit for the first quarter report[27]

| --- | --- | --- | |------------------------|--------------------------------------------------------------------------|----------| | | | | | 证券代码： | 300020 证券简称：银江技术 公告编号： | 2022-020 | | | 银江技术股份有限公司 | | | | 关于举办投资者接待日活动的公告 | | | | 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。 | | | 为提高银江技术股份有限公司（以下简称"公司"）投资者关系管理的水平， 以更好地与投资者进行沟通交流，使广大投资者深入全面地了解公司情况，公司 将举办投资者接待日活动，现将有关事项公告如下： 一、接待时间 2022 年 5 月 13 日（星期五）下午 14:30-16:30。 二、接待地点 浙江省杭州市富阳区九龙大道中国智谷富春园区 A2 幢三楼会议室 。 三、预约方式 参与投资者请于 2022 年 5 月 11 日至 5 月 12 ...

Financial Performance - The company's revenue for Q3 2021 was ¥399,627,612.55, representing a 4.15% increase year-over-year[3] - Net profit attributable to shareholders decreased by 25.18% to ¥11,897,691.52 for the same period[3] - The net profit excluding non-recurring gains and losses dropped by 50.29% to ¥7,217,537.74[3] - Total operating revenue for Q3 2021 was CNY 1,489,652,416.08, a slight increase of 1.8% compared to CNY 1,473,162,292.26 in Q3 2020[23] - Net profit for Q3 2021 was CNY 103,902,551.36, down 19.1% from CNY 128,494,402.70 in Q3 2020[24] - The total comprehensive income attributable to the parent company for the third quarter was CNY 7,657,852.19, compared to CNY 299,556,629.75 in the previous period[25] - Basic and diluted earnings per share for the quarter were CNY 0.16, down from CNY 0.20 in the previous period[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,506,760,944.41, a decrease of 3.08% compared to the end of the previous year[3] - The company's total assets as of September 30, 2021, were CNY 6,506,760,944.41, a decrease from CNY 6,713,578,738.66 at the end of 2020[20] - Current assets totaled CNY 4,669,951,089.82, an increase from CNY 4,492,838,641.53 at the end of 2020, representing a growth of 4.0%[19] - Total liabilities decreased to CNY 3,000,319,357.95 from CNY 3,208,025,672.37, indicating a reduction of 6.5%[21] Cash Flow - The cash flow from operating activities showed a negative net amount of ¥429,894,973.13, a decline of 121.68% year-to-date[3] - The net cash flow from operating activities was negative CNY 429,894,973.13, worsening from negative CNY 193,925,726.47 in the same period last year[28] - Cash inflow from operating activities totaled CNY 1,641,710,304.89, down from CNY 1,681,090,995.07 year-on-year[26] - Cash outflow from operating activities increased to CNY 2,071,605,278.02, compared to CNY 1,875,016,721.54 in the previous year[28] - The net cash flow from investing activities was CNY 235,947,087.28, significantly up from CNY 1,860,129.31 in the previous period[28] - Cash inflow from financing activities was CNY 1,528,235,384.71, down from CNY 1,667,948,941.44 year-on-year[28] - The net cash flow from financing activities was negative CNY 152,540,878.56, compared to a positive CNY 86,312,808.13 in the same period last year[28] - The ending cash and cash equivalents balance was CNY 287,360,389.44, down from CNY 455,286,764.84 in the previous year[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,893[10] - The company reported a total of 113,057,607 shares held by its controlling shareholder, Yinjian Technology Group Co., Ltd., representing 100% of the unrestricted shares[11] - The top ten unrestricted shareholders collectively hold 31,559,300 shares, accounting for 4.2413% of the total shares[14] - The company has a total of 28,500,321 restricted shares, which remain locked due to executive lock-up agreements[14] - The report indicates that the company’s major shareholders are involved in margin trading, which may affect share liquidity[11] Operational Developments - The company is currently involved in the implementation of the PPP project for the Shenyang Regional Population Health Information Platform, which officially began operations in December 2019[15] - The company has signed a contract for the Yunnan Huaping to Lijiang Expressway project, with a contract value of RMB 27,580 million, and is currently in the deep implementation phase[15] - The company is also working on the new railway station and related construction projects with a contract value of RMB 53.21 million, which is in the deep implementation stage[16] Research and Future Outlook - Research and development expenses for Q3 2021 were CNY 44,360,724.07, compared to CNY 40,928,642.33 in Q3 2020, reflecting a year-over-year increase of 8.5%[24] - The company has not disclosed any new product developments or technological advancements in this report[13] - There is no mention of market expansion or mergers and acquisitions in the current report[13] - The company has not provided specific future outlook or performance guidance in this report[13] Audit Information - The company did not undergo an audit for the third quarter report[30]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥1.09 billion, a slight increase of 0.05% compared to ¥1.09 billion in the same period last year[19]. - The net profit attributable to shareholders decreased by 18.45% to approximately ¥94.18 million, down from ¥115.49 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses was approximately ¥81.44 million, a decrease of 13.41% compared to ¥94.05 million in the same period last year[19]. - The basic earnings per share fell by 22.22% to ¥0.14, down from ¥0.18 in the previous year[19]. - The total assets at the end of the reporting period were approximately ¥6.59 billion, a decrease of 1.85% from ¥6.71 billion at the end of the previous year[19]. - The net assets attributable to shareholders increased by 0.73% to approximately ¥3.50 billion, compared to ¥3.47 billion at the end of the previous year[19]. - The company reported a net cash flow from operating activities of approximately -¥388.43 million, a decline of 1.85% from -¥381.35 million in the same period last year[19]. - The weighted average return on equity decreased to 2.70%, down from 3.45% in the previous year[19]. - The company's revenue for the reporting period was CNY 1,090,024,803.53, a slight increase of 0.05% compared to CNY 1,089,444,158.29 from the previous year[48]. - Research and development expenses increased significantly by 84.44% to CNY 61,172,566.10, up from CNY 33,165,764.64 in the previous year[49]. - The company reported a substantial increase of 13,854.46% in net cash flow from investing activities, amounting to CNY 238,477,763.88, primarily due to exits from industrial funds[49]. - The total liabilities of the company were RMB 3,060,657,990.41, down from RMB 3,208,025,672.37, indicating a decrease of approximately 4.61%[132]. - The company's total comprehensive income for the first half of 2021 was CNY 121,268,378.40, compared to CNY 118,537,065.06 in the same period of 2020[144]. Strategic Initiatives - The company has established a three-in-one development strategy focusing on "system construction + product delivery + operation services" in the AI and IoT sectors, particularly in smart traffic, smart health, and smart cities[27]. - The company is pioneering a digital governance platform for grassroots management, utilizing AI, IoT, and big data to enhance social governance capabilities at the town and street levels[34]. - The HERO traffic signal machine has been certified by the Ministry of Public Security and is capable of seamless integration with the company's self-developed control cloud platform[32]. - The company has developed a comprehensive traffic signal control system that integrates AI algorithms and big data processing capabilities, improving data quality and reducing real-time data fusion time[30]. - The company has successfully implemented AI-enabled traffic governance solutions in cities like Hangzhou, Nanchang, and Taiyuan, enhancing traffic management in congested areas such as hospitals and schools[28]. - The digital operation services for urban traffic governance have been expanded to second and third-tier markets, with a focus on customized solutions based on local traffic characteristics[29]. - The company has developed a comprehensive IoT hospital framework, integrating various systems for unified management, which aims to reduce errors associated with traditional manual processes[37]. - Collaboration with Huawei has evolved into strategic ecological cooperation, resulting in the launch of IoT smart hospital solutions and significant market response, including the establishment of the first all-scenario smart hospital in Guangdong[38]. - The company aims to transform into a city brain operation service provider by leveraging AI, big data, and IoT technologies[74]. Risk Management - The company faces various risks including policy risks, core personnel turnover risks, and risks related to the smart city business model[4]. - The company faces risks related to policy changes, particularly as its main clients are government departments, which can impact business operations[68]. - There is a risk of core personnel loss due to market competition and technological changes, prompting the company to enhance its talent management and incentive mechanisms[69]. - The business model for smart city projects carries risks due to reliance on government funding and potential delays in project implementation[70]. - The ongoing COVID-19 pandemic has affected order acquisition and project timelines, necessitating a focus on technological innovation and customer responsiveness[74]. - The company is cautious about investment and acquisition risks, emphasizing thorough due diligence and post-investment management to mitigate potential issues[71]. Governance and Compliance - The company maintains a strong governance structure, ensuring effective risk control and investor relations management, which fosters a positive image in the capital market[44]. - The company emphasizes compliance with laws and regulations, maintaining transparency and communication with investors[85]. - The financial report for the first half of 2021 was not audited, which may affect the reliability of the financial data presented[128]. - The company did not engage in any major related party transactions during the reporting period[96][97][98][99][100][101]. - The company reported no significant asset or equity sales during the reporting period[65][66]. Shareholder Information - The total number of shares is 655,789,086, with 95.65% being unrestricted shares[113]. - The largest shareholder, Yinjian Technology Group Co., Ltd., holds 18.39% of the shares, totaling 120,599,500 shares, with 91,500,000 shares pledged[118]. - The total number of ordinary shareholders at the end of the reporting period is 47,378[117]. - The total number of restricted shares at the end of the period is 28,500,321 shares, with no shares released during the reporting period[115]. - The company has a significant portion of shares (27,813,840 shares) that are still under lock-up due to performance commitments[115]. Technological Advancements - The company has made significant advancements in technology-driven strategies, with 232 patents (including 179 invention patents) and various accolades, enhancing its competitive edge in the market[39]. - The company has a total of 34 subsidiaries included in its consolidated financial statements as of June 30, 2021, indicating a broad operational footprint[171]. - The company operates in various sectors including smart city, smart transportation, and smart healthcare, focusing on technology development and project implementation[171]. Market Position and Recognition - The company has received multiple awards, including recognition as a leading enterprise in the smart building industry and the IoT innovation product award in Zhejiang Province, reflecting its comprehensive capabilities[40]. - Active participation in major industry exhibitions has increased the company's visibility and recognition in the digital sector, further enhancing its brand value[41]. - The company has not disclosed any new product developments or market expansion strategies in the current report[118]. - Future outlook and strategic initiatives regarding market expansion or new product development were not detailed in the provided content[162].

证券代码：300020 证券简称：银江股份 公告编号：2021-022 银江股份有限公司 关于举办投资者接待日活动的公告 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。 为提高银江股份有限公司（以下简称"公司"）投资者关系管理的水平，以 更好地与投资者进行沟通交流，使广大投资者深入全面地了解公司情况，公司将 举办投资者接待日活动，现将有关事项公告如下： 一、接待时间 2021 年 5 月 21 日（星期五）下午 14:00-16:00。 二、接待地点 浙江省杭州市西湖区西园八路 2 号 G 座一楼会议室。 三、预约方式 参与投资者请于 2021 年 5 月 19 日至 5 月 20 日 9：00-16：00 与公司证券管 理部联系，以便接待登记和安排。 联系人：吴孟立、符流霞，电话：0571-89716117，传真：0571-89716114。 四、公司参与人员 董事长陈才君先生、总经理王腾先生、董事会秘书花少富先生、财务总监任 刚要先生等（如有特殊情况，参与人员会有调整）。 五、注意事项 1、来访个人投资者请携带个人身份证原件及复印件、股东卡原件及复印件， ...

Financial Performance - Revenue for Q1 2021 was CNY 507,725,465.84, a decrease of 3.40% compared to CNY 525,606,485.22 in the same period last year[7]. - Net profit attributable to shareholders was CNY 57,717,285.51, an increase of 3.77% from CNY 55,621,880.44 year-on-year[7]. - Net profit excluding non-recurring items was CNY 46,209,771.29, down 11.63% from CNY 52,291,758.22 in the previous year[7]. - Basic earnings per share increased by 12.50% to CNY 0.09 from CNY 0.08 in the same period last year[7]. - The company achieved operating revenue of RMB 507,725,465.84, a year-on-year decrease of 3.40%[19]. - The net profit attributable to shareholders was RMB 57,717,285.51, down 3.77% year-on-year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 46,209,771.29, a decline of 11.63% year-on-year[19]. - The total comprehensive income for the period was CNY 74,447,944.03, compared to CNY 56,408,555.78 in the previous period, representing an increase of approximately 32%[47]. Cash Flow and Liquidity - Operating cash flow showed a net outflow of CNY 396,391,183.96, worsening by 93.45% compared to a net outflow of CNY 204,908,841.58 last year[7]. - The company's cash and cash equivalents decreased significantly from CNY 699,721,404.35 at the end of 2020 to CNY 338,669,624.07 by March 31, 2021, representing a decline of approximately 51.6%[35]. - Cash and cash equivalents decreased significantly to CNY 310,620,192.50 from CNY 622,099,938.64[39]. - The ending balance of cash and cash equivalents was 243,107,814.24 CNY, down from 361,831,590.07 CNY, representing a decrease of approximately 32.7%[58]. - The net cash flow from operating activities was -351,947,425.69 CNY, compared to -293,949,864.21 CNY in the previous period, indicating a decline of approximately 19.6%[56]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,686,089,650.14, a decrease of 0.41% from CNY 6,713,578,738.66 at the end of the previous year[7]. - The total liabilities decreased from CNY 3,208,025,672.37 to CNY 3,106,088,639.82, indicating a reduction of approximately 3.2%[37]. - The total current assets slightly decreased from CNY 4,492,838,641.53 to CNY 4,476,030,349.87, a decline of about 0.4%[35]. - Accounts receivable increased from CNY 1,635,029,402.65 to CNY 1,768,425,442.92, reflecting a growth of about 8.1%[35]. - The total equity attributable to shareholders of the parent company increased to CNY 3,618,293,267.55 from CNY 3,557,628,035.82[42]. Shareholder Information - The top shareholder, Yinjian Technology Group Co., Ltd., holds 18.39% of the shares, totaling 120,599,500 shares[11]. - The total number of ordinary shareholders at the end of the reporting period was 47,048[11]. - There are ongoing issues regarding performance commitments from a major shareholder, with a total of 27,813,840 shares involved in compensation matters due to unmet performance targets[24]. - The performance commitments for the years 2013, 2014, and 2015 were not fulfilled, with required net profits of 50 million, 57.5 million, and 66.13 million yuan respectively[24]. Research and Development - R&D expenses increased compared to the previous period, reflecting the company's commitment to enhancing innovation[18]. - The company reported a significant increase in R&D expenses to CNY 7,245,382.00 from CNY 1,372,548.25, indicating a focus on innovation[45]. Operational Challenges - The company faced temporary impacts on project orders and delivery due to the COVID-19 pandemic[19]. - Cash flow from operating activities decreased due to increased procurement payments and lower-than-expected project collections[18]. - The company is actively managing risks and difficulties that may adversely affect future operations[22]. Compliance and Governance - The company has arranged for legal representation to follow up on the performance compensation matters related to the major shareholder[25]. - There were no violations of external guarantees during the reporting period[26]. - The company is committed to adhering to the Securities Law and improving operational standards to ensure sustainable development[29]. - The company plans to enhance internal audit processes and strengthen internal control systems to prevent future fund occupation issues[29].

Financial Performance - The company's operating revenue for 2020 was approximately ¥2.14 billion, representing a 2.82% increase compared to ¥2.08 billion in 2019[18]. - The net profit attributable to shareholders for 2020 was approximately ¥157.70 million, a 5.11% increase from ¥148.81 million in 2019[18]. - The net profit after deducting non-recurring gains and losses was approximately ¥136.57 million, reflecting a 19.41% increase from ¥131.46 million in 2019[18]. - The total assets at the end of 2020 amounted to approximately ¥6.71 billion, a 3.72% increase from ¥6.31 billion at the end of 2019[18]. - The net assets attributable to shareholders increased to approximately ¥3.47 billion, up 5.52% from ¥3.29 billion in 2019[18]. - The basic earnings per share for 2020 was ¥0.24, a 4.35% increase from ¥0.23 in 2019[18]. - The company reported a negative cash flow from operating activities of approximately ¥91.49 million, an improvement from a negative cash flow of ¥120.08 million in 2019[18]. - The weighted average return on equity for 2020 was 4.65%, slightly up from 4.57% in 2019[18]. Revenue Breakdown - The revenue from smart transportation was CNY 1,009,863,325.67, accounting for 47.23% of total revenue, with a year-on-year growth of 3.30%[50]. - The revenue from smart healthcare reached CNY 333,984,017.51, which is 15.62% of total revenue, showing an increase of 11.38% compared to the previous year[50]. - The smart city segment generated CNY 771,669,858.63, making up 36.09% of total revenue, but experienced a slight decline of 1.04% year-on-year[50]. Research and Development - The company reported a total of 218 patents, including 164 invention patents, indicating a strong focus on technological innovation[30]. - Research and development (R&D) expenses amounted to 91,269,778.30 yuan, with a significant focus on projects like the HERO AI traffic control system and the Smart Security Platform[60][61]. - The total number of R&D personnel was 251 in 2020, accounting for 38.62% of the workforce[71]. Strategic Partnerships and Collaborations - The company established strategic partnerships with several organizations, including China Telecom and Zhejiang University, to enhance the digital governance platform[45]. - The company is collaborating with Huawei to develop a unified IoT management platform for hospitals, enhancing operational efficiency and reducing costs[67]. Market Presence and Expansion - The company has established a comprehensive marketing network across the country, enhancing its market presence in smart transportation and health sectors[28]. - The company is actively exploring new operational models and data service offerings in the healthcare sector, integrating AI into its services[47]. - The company is focusing on expanding its market presence through innovative technology solutions and strategic partnerships in urban governance[62]. Risk Management - The management identified several risks including policy risks, core personnel turnover risks, and risks related to the smart city business model[5]. - The company recognizes the risks associated with government policy changes and has strategies in place to select financially stable regions for business development[96]. - The company acknowledges the challenges of investment and acquisition risks and adopts a cautious investment strategy to mitigate potential issues[97]. Corporate Governance - The company has committed to avoiding any related party transactions that could harm its legal rights and interests, ensuring compliance with relevant laws and regulations[112]. - The company has ensured that all related party transactions will be conducted fairly and transparently, adhering to market principles[112]. - The board of directors confirmed that the non-standard audit opinion objectively reflects the company's actual situation[120]. Future Outlook - The company plans to raise 1 billion RMB through a private placement to enhance technology and industry upgrades, focusing on "urban brain" solutions and traffic AI governance projects[92]. - The company aims to enhance urban digital management through the integration of advanced technologies like AI, big data, and IoT, contributing to the development of smart cities[87]. - The company provided guidance for the next fiscal year, projecting a revenue growth of 25% and aiming to reach 1.875 billion RMB[175]. Employee Management - The total number of employees in the company is 650, with 410 being technical personnel[184]. - The company has a comprehensive annual training plan covering various aspects including professional skills and management[187]. - The company follows a performance-based remuneration system for its directors and senior management[181]. Shareholder Information - The company’s total share capital as of the end of 2019 was 655,789,086 shares[103]. - The largest shareholder, Yinjing Technology Group, holds 18.39% of the shares, totaling 120,599,500 shares, which are pledged[158]. - The company has not issued any new securities during the reporting period[156].

Financial Performance - Net profit attributable to shareholders rose by 55.50% to CNY 15,902,303.58 for the reporting period[7]. - Operating revenue for the period was CNY 383,718,133.97, reflecting a growth of 5.31% year-on-year[7]. - The basic earnings per share for the reporting period was CNY 0.02, an increase of 55.13%[7]. - The company reported a decrease of 3.23% in net profit attributable to shareholders for the year-to-date period, totaling CNY 131,391,257.11[7]. - Net profit for the quarter reached CNY 14.82 million, a significant increase of 49.1% from CNY 9.93 million in the previous year[41]. - The company reported a total profit of ¥145,617,281.27, compared to ¥157,412,374.10 in the previous period, showing a decline of around 7.5%[47]. - The company reported an investment loss of CNY 7.25 million, an improvement from a loss of CNY 10.47 million in the same period last year[40]. - The comprehensive income for the quarter totaled CNY 127.53 million, compared to a loss of CNY 0.79 million in the previous year[41]. Assets and Liabilities - Total assets increased by 6.64% to CNY 6,733,044,743.81 compared to the end of the previous year[7]. - Current assets totaled CNY 4,433,987,088.84, up from CNY 4,195,926,817.56, indicating an increase of about 5.67%[31]. - Total liabilities increased to CNY 3,102,359,028.05 from CNY 2,981,119,831.81, which is an increase of approximately 4.05%[33]. - The company's equity attributable to shareholders reached CNY 3,594,620,826.13, up from CNY 3,293,905,834.88, representing a growth of about 9.14%[34]. - The company's total liabilities increased to CNY 3.41 billion, compared to CNY 3.05 billion in the previous year, indicating a growth of 11.9%[40]. - Current liabilities reached CNY 2,977,629,711.91, including short-term borrowings of CNY 1,634,650,000.00 and accounts payable of CNY 802,757,911.70[61]. Cash Flow - The net cash flow from operating activities surged by 192.53% to CNY 187,429,047.49[7]. - The company's cash flow from operating activities showed a positive trend, indicating improved financial health[17]. - The cash inflow from operating activities was CNY 1,681,090,995.07, an increase of 8.9% compared to CNY 1,543,788,811.46 in the previous period[53]. - The net cash outflow from operating activities was CNY -193,925,726.47, improving from CNY -969,684,324.31 in the previous period[53]. - The total cash outflow from operating activities was CNY 1,875,016,721.54, down from CNY 2,513,473,135.77 in the previous period[53]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,741[11]. - The largest shareholder, Yinjian Technology Group Co., Ltd., holds 18.39% of the shares, totaling 120,599,500 shares[11]. - The company’s major shareholders include Silver River Technology Group, which holds 120,599,500 shares, accounting for a significant portion of the total shares[12]. - The company has not conducted any repurchase transactions among its top 10 shareholders during the reporting period[12]. Strategic Initiatives - The company signed strategic cooperation agreements with 33 local governments for smart city projects, focusing on quality and risk control[18]. - The company’s smart city software platforms are being implemented in key cities, enhancing business expansion opportunities[18]. - The company plans to raise up to RMB 1 billion through a non-public stock issuance, with net proceeds allocated for various technology and service projects, including the "City Brain" solution[21]. Legal and Compliance - The company is currently involved in a significant legal dispute with Zhejiang Zheshang Securities Asset Management Co., Ltd. and Li Xin, which has been ongoing since 2018[18]. - The company has no violations regarding external guarantees during the reporting period[25]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[26]. - The company has not disclosed any performance forecasts for the upcoming reporting period[24]. - The company has not executed any cash dividend policies during the reporting period[24]. Project Updates - The company has completed the initial inspection of the Shenyang Regional Population Health Information Platform PPP project, which officially commenced operations in December 2019 after nearly two years of construction[19]. - The contract amount for the World Bank loan project for the intelligent transportation system in Jiaozuo is RMB 153.8643 million, and the project is currently in progress[19]. - The company has entered the deep implementation phase for the Yunnan Huaping to Lijiang Expressway electromechanical engineering project, with a contract amount of RMB 275.8 million[20]. - The contract for the new Lianyungang to Zhenjiang Railway information system project is valued at RMB 147.718 million, and the project has been basically completed[20]. - The new Yuxi to Mohan Railway station and related housing project has a contract amount of RMB 53.208857 million and is currently under construction[21]. Research and Development - Research and development expenses were CNY 5.40 million, slightly down from CNY 5.60 million, indicating a focus on cost management[40]. - Research and development expenses decreased to ¥40,928,642.33 from ¥43,085,600.00, a reduction of about 5%[46].