无锡宝通科技股份有限公司 2021 年第三季度报告 证券代码：300031 证券简称：宝通科技 公告编号：2021-076 无锡宝通科技股份有限公司 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|--------------------------|-------- ...

Financial Performance - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The financial report has been confirmed as true, accurate, and complete by the company's responsible persons, including the chairman and accounting head[3]. - The company's operating revenue for the reporting period was ¥1,334,492,406.92, representing a 1.63% increase compared to ¥1,313,062,370.75 in the same period last year[42]. - The net profit attributable to shareholders of the listed company was ¥249,040,277.53, an increase of 5.77% from ¥235,462,347.37 in the previous year[42]. - The net profit after deducting non-recurring gains and losses was ¥241,556,742.91, up 4.68% from ¥230,762,861.67 year-on-year[42]. - The net cash flow from operating activities decreased by 55.70% to ¥83,542,211.33 from ¥188,564,983.62 in the same period last year[42]. - Total assets at the end of the reporting period were ¥4,963,459,875.99, a 4.13% increase from ¥4,766,405,298.60 at the end of the previous year[42]. - The net assets attributable to shareholders of the listed company increased by 4.54% to ¥3,199,864,350.13 from ¥3,060,941,890.75 at the end of the previous year[42]. - The mobile internet segment has become a leading player in overseas game distribution, covering over 150 countries and regions with more than 260 games[183]. - Revenue for the reporting period reached ¥1,334,492,406.92, a year-on-year increase of 1.63%[196]. - Operating costs increased by 42.29% to ¥742,336,899.64, primarily due to the reclassification of game payment channel fees[196]. - Research and development investment rose by 84.46% to ¥41,837,276.26, reflecting increased employee compensation and R&D efforts[196]. - The gross margin for mobile game products decreased by 21.29% to 53.10%, mainly due to the adjustment of payment channel fees[199]. - The net cash flow from operating activities decreased by 55.70% to ¥83,542,211.33, attributed to increased tax payments and employee compensation[196]. User Engagement and Retention - The average revenue per paying user (ARPPU) is a critical operational metric for the company, reflecting the revenue generated from users who make purchases[24]. - The company emphasizes the importance of user retention, with the next-day retention rate calculated as the number of users logging in 24 hours after registration divided by the total registered users[24]. - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users, reaching 5 million users[125]. - The active user count is 12.46 million, while the total user count reaches 181.57 million[167]. Technological Innovation and Development - The company is actively developing new technologies and products, focusing on industrial big data and AI to drive innovation in its offerings[21]. - The company aims to leverage digital twin technology to optimize the lifecycle management of physical assets, enhancing operational efficiency[21]. - The company is enhancing its digital transformation in manufacturing, management, and market services, aligning with national strategic development goals[52]. - The company is committed to technological innovation, with ongoing research in advanced conveying technologies and digital services[76]. - The company has achieved 13 international advanced level results and 121 national authorized patents, enhancing its technological capabilities[180]. - The company has been granted 121 effective patents, including 66 invention patents and 55 utility model patents, as of June 30, 2021[174]. - The company has established a comprehensive data analysis platform to support operational and marketing decisions, improving its user profiling capabilities[163]. - The company is investing 50 million RMB in R&D for innovative technologies, including smart monitoring systems for conveyor belts[129]. - A total of 42 R&D projects are underway, including the development of automated testing software and a global game payment integration platform[151]. Market Expansion and Strategic Partnerships - The company is exploring market expansion opportunities through strategic partnerships and collaborations in the gaming industry[24]. - The company is focusing on green development, aiming to reduce energy consumption by 20% in the production process by 2025[126]. - The company plans to expand its market presence by entering three new international markets by the end of 2022[128]. - Strategic partnerships are being formed to enhance supply chain integration, with an expected 25% improvement in logistics efficiency[127]. - The company has formed partnerships with major clients like Shandong Steel Group and CITIC Pacific Special Steel for intelligent conveying full-stack service projects[74]. - The company is actively expanding into overseas markets, particularly in Southeast Asia, Japan, and Europe, while also enhancing its domestic market presence[160]. Commitment to Sustainability - The company maintains a commitment to sustainable development in its operations, particularly in the coal mining sector, by adopting advanced technologies[21]. - The establishment of the Baotong Intelligent Conveying Industry Green Development Research Institute aims to support the dual carbon goals of key basic industries[77]. - The company is focusing on green and intelligent transformation, utilizing advanced technologies such as 5G, big data, cloud computing, and artificial intelligence to enhance operational efficiency and reduce production costs[114]. - The company is committed to promoting the intelligent transformation of coal mines, with a focus on safety and efficiency improvements[102]. Gaming Sector Performance - The company has successfully launched nearly 260 mobile games globally, covering over 130 countries and regions, establishing itself as one of the earliest and most successful mobile game publishers in China[138]. - The company’s new game "Bleach: Immortal Soul" achieved a top 10 ranking on both iOS and Google Play within its first week of release in Southeast Asia, indicating strong market performance[139]. - The game "War and Magic" reached the top of the App Store sales chart in 6 countries, while "King's Throne" entered the top ten in 10 countries, indicating strong market performance[140]. - The company has received numerous accolades, including the National Science and Technology Progress Award (Second Class), affirming its innovation capabilities and industry leadership[134]. - The company has launched 9 new game products in the first half of 2021, with a total of 72 games still online across approximately 150 countries and regions[167]. Operational Efficiency and Management - The company is enhancing its brand's international influence and expanding market share through comprehensive evaluations and marketing activities[80]. - The company has established a comprehensive supplier management and quality assurance system, conducting annual evaluations of suppliers to ensure quality and supply capability[83]. - The company has implemented an information management system for procurement, enhancing efficiency and supplier management[88]. - The company has established long-term stable partnerships with top-tier suppliers and content providers, enhancing its growth foundation[186]. - The company has implemented a flexible and agile manufacturing process, transitioning to intelligent production management to improve product and service quality[177].

Financial Performance - In 2020, Wuxi Boton Technology achieved a revenue of CNY 2.638 billion, representing a year-on-year growth of 6.56%[9] - The net profit attributable to shareholders reached CNY 437 million, an increase of 43.18% compared to the previous year[9] - The company has maintained a compound annual growth rate (CAGR) of 22.70% in revenue and 22.16% in net profit since its listing[9] - The profit distribution plan approved by the board is to distribute a cash dividend of 3 RMB per 10 shares, based on a total of 385,104,121 shares[19] - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 25% compared to the previous year[30] - The company's operating revenue for 2020 was ¥2,637,922,427.09, representing a 6.56% increase from ¥2,475,616,071.21 in 2019[41] - The net profit attributable to shareholders in 2020 was ¥436,763,840.98, a 43.18% increase compared to ¥305,042,137.26 in 2019[41] - The total assets at the end of 2020 were ¥4,766,405,298.60, an 18.56% increase from ¥4,020,280,526.69 at the end of 2019[41] - The company reported a net cash flow from operating activities of ¥277,767,132.94 in 2020, a decrease of 26.62% from ¥378,539,424.52 in 2019[41] Business Expansion and Market Presence - Industrial internet business overseas revenue accounted for over 45% of total revenue for the first time in 2020[10] - The company is expanding its international presence, targeting markets in Japan, Europe, Australia, and South America[10] - The company is actively expanding into international markets, with direct supply client business increasing from 0.21% in 2014 to 84% in 2020[142] - The company aims to enhance brand image and accelerate overseas trademark registration to integrate into local cultures[14] - The company is focusing on expanding its market share in Japan and Europe, with revenue from these markets increasing from 5% to over 35%[154] Innovation and Technology Development - The company plans to focus on innovation-driven strategies and aims to become a global leader in intelligent conveying services by 2025[13] - The company is focused on developing new products and technologies, including intelligent conveyor monitoring systems[14] - The company aims to build a digital ecosystem for bulk material transportation by integrating new technologies such as 5G and artificial intelligence[59] - The company is leveraging digital technologies to enhance product innovation, operational intelligence, and ecological industrial systems, thereby improving its core competitiveness[81] - The company is investing in AR/VR/XR technologies, having developed multiple game demos compatible with these platforms[157] Research and Development - By the end of 2020, the company held 91 software copyrights and 116 authorized patents, including 66 invention patents[11] - The company has established high-level R&D platforms, including the "National High-Performance Conveyor Belt New Materials and Advanced Manufacturing Engineering Laboratory," to drive technological innovation and product development[125] - The company has 61 ongoing R&D projects, with 21 in progress and 40 completed, showcasing its technological innovation capabilities[134] - The R&D investment accounted for 2.76% of total operating revenue, up from 2.07% in the previous year[175] Sustainability and Corporate Responsibility - The company is committed to sustainable development, focusing on the research and commercial application of green rubber formulas and energy-saving products[14] - The company is committed to reducing the environmental impact of its products, including addressing recycling issues for retired products[80] - The company is integrating environmental protection measures and energy-saving technologies into its production processes to reduce pollution and energy consumption[81] Strategic Partnerships and Collaborations - The company signed a 5-year framework agreement with BHP, becoming the main supplier of conveyor belts for BHP's global mining operations[10] - The company has established long-term partnerships with domestic and international research institutions, resulting in 47 new invention patents and 23 new utility model patents accepted during the reporting period, bringing the total authorized patents to 122, including 68 invention patents and 54 utility model patents[123] - The company has formed strategic partnerships with universities and research institutions, resulting in 13 internationally advanced achievements and 7 provincial-level technology progress awards[128] Operational Efficiency and Governance - The company will continue to optimize its governance structure to improve operational efficiency and risk control[14] - The company will strengthen governance and risk management capabilities through enhanced oversight by the board and financial centers[14] - The company emphasizes the importance of risk awareness and digital transformation to navigate complex international environments[15] Gaming and Mobile Internet Business - The company launched 18 new game products in 2020, with a total of 71 games still online by December 31, 2020, serving approximately 150 countries and regions[158] - The mobile game IP market generated over ¥100 billion in revenue for the first time in 2020, with core users exceeding 150 million[109] - The company has established a strong presence in over 130 countries and regions with 250 games released globally[92] - The company has received multiple awards, including "Top 10 Overseas Expansion Game Enterprises" for three consecutive years, enhancing its brand recognition[135] Financial Investments and Capital Management - The company reported an investment income of ¥123,771,492.00, contributing 23.77% to the total profit[183] - The company raised a total of 49,169 million through convertible bonds, with 37,828.26 million already utilized[197] - The actual net fundraising amount after deducting underwriting and other fees is 49,169 million[197] - The company made a significant equity investment of ¥326,935,000.00 in Yanzhou Coal Mining Company, acquiring a 35.43% stake[191]

Financial Performance - The company's revenue for Q1 2021 was ¥732,676,394.49, representing a 14.53% increase compared to ¥639,740,699.14 in the same period last year[7] - Net profit attributable to shareholders was ¥122,704,040.50, up 3.60% from ¥118,442,473.83 year-on-year[7] - Basic earnings per share increased to ¥0.3186, a rise of 3.58% from ¥0.3076 in the same period last year[7] - The company achieved operating revenue of RMB 732.68 million, an increase of 14.53% year-on-year[25] - The net profit attributable to ordinary shareholders of the listed company was RMB 122.70 million, up 3.60% year-on-year[25] - The company reported a net profit of CNY 1,580,724,317.56 in retained earnings, up from CNY 1,458,020,277.06, reflecting a growth of about 8.06%[62] - Net profit for Q1 2021 was CNY 111,327,905.26, a decrease of 17.0% from CNY 134,129,574.03 in Q1 2020[70] - The company's operating revenue for Q1 2021 was CNY 103,996,625.52, an increase of 9.5% compared to CNY 95,308,322.23 in the same period last year[73] Cash Flow - The net cash flow from operating activities was -¥12,019,713.31, a decrease of 128.96% compared to ¥41,498,963.81 in the previous year[7] - The cash flow from operating activities showed a net outflow of RMB 12.02 million, a decrease of 128.96% compared to the previous year[22] - The total cash inflow from operating activities was CNY 705,229,082.05, compared to CNY 574,143,988.72 in the same period last year, reflecting a growth of 22.8%[76] - The total cash outflow from operating activities was CNY 717,248,795.36, an increase from CNY 532,645,024.91 in Q1 2020[78] - The net cash flow from operating activities was -33,520,845.25 CNY, a decrease from 21,464,667.73 CNY in the previous period[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,802,795,375.39, reflecting a 0.76% increase from ¥4,766,405,298.60 at the end of the previous year[7] - The total amount of raised funds is 491.69 million yuan, with 7.98 million yuan invested in the current quarter, and a cumulative investment of 458.05 million yuan, achieving a progress rate of 93.16%[47] - Total liabilities amounted to CNY 1,536,721,235.28, down from CNY 1,680,993,716.12, indicating a decrease of about 8.57%[60] - Current liabilities decreased to CNY 1,097,388,258.73 from CNY 1,251,531,499.66, a reduction of approximately 12.31%[60] - The total assets decreased to CNY 3,682,783,814.03 from CNY 3,737,266,577.31 year-over-year[66] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,564[10] - The largest shareholder, Bao Zhifang, held 22.75% of the shares, amounting to 90,261,952 shares[10] Research and Development - Research and development expenses surged by 156.86% to RMB 20.25 million, reflecting increased investment in R&D[21] - Research and development expenses for Q1 2021 were CNY 20,246,137.19, significantly higher than CNY 7,882,024.53 in Q1 2020, indicating increased investment in innovation[68] Market Strategy - The company plans to enhance its global strategy by deepening its market presence in regions such as Korea, Southeast Asia, and Japan[26] - The company is focusing on digital transformation and product innovation to enhance its competitive edge in the industrial internet sector[29] - The company is focusing on the development of self-researched products, with 2-3 new games planned for launch and testing in 2021[27] Compliance and Risk Management - The company is addressing risks related to overseas market dependence and currency fluctuations by establishing partnerships with financial institutions[34] - The company aims to mitigate potential intellectual property disputes by prioritizing partnerships with clear IP rights[38] - The company is committed to maintaining compliance with local regulations in overseas markets to minimize operational risks[33]

无锡宝通科技股份有限公司 2020 年第三季度报告全文 BOTON 无锡宝通科技股份有限公司 2020 年第三季度报告 2020-106 2020 年 10 月 1 无锡宝通科技股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人包志方、主管会计工作负责人周庆及会计机构负责人(会计主管 人员)周庆声明：保证季度报告中财务报表的真实、准确、完整。 2 无锡宝通科技股份有限公司 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 | --- | --- | --- | --- | --- | |-------------------------------------------------------------|------------------------------------------------------|-- ...

Financial Performance - The company reported a revenue of 200 million CNY for the first half of 2020, representing a year-on-year increase of 15%[2] - The net profit attributable to shareholders was 30 million CNY, up 10% compared to the same period last year[2] - The company's operating revenue for the first half of 2020 was ¥1,313,062,370.75, representing an increase of 11.01% compared to the same period last year[30] - The net profit attributable to shareholders was ¥235,462,347.37, reflecting a growth of 40.98% year-on-year[30] - The net cash flow from operating activities reached ¥188,564,983.62, marking a significant increase of 55.30% from the same period last year[30] - The company achieved a total revenue of 1,313.06 million CNY, representing an 11.01% increase year-over-year, and a net profit attributable to the parent company of 235.46 million CNY, up 40.98% from the previous year[107] User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching 1.5 million by the end of June 2020[2] - The user base for the game "War and Magic" has surpassed 10 million, with users from over 100 countries and regions[43] - The company aims to enhance its global operational capabilities by investing in regional and global integrated operations, focusing on expanding into major markets like Japan and Europe[50] - The company plans to launch two new products in Q3 2020, aiming to capture a larger market share in the gaming sector[2] - Market expansion strategies include entering Southeast Asian markets, with an expected investment of 30 million CNY[2] - The company expanded its market presence in Japan and Europe, increasing the revenue share from these regions from 10% in 2018 to over 30%[110] Product Development and Innovation - The company has allocated 50 million CNY for research and development in new technologies and gaming platforms[2] - The company is investing in research and development, allocating 10% of its revenue to innovate new technologies and improve existing products[172] - The company has established 29 R&D projects, with 16 ongoing and 13 completed during the reporting period[93] - The company is actively investing in AR/VR/XR technologies, having developed multiple game demos for these platforms, with a VR game set to launch soon[116] - The company has introduced 11 new invention patents and 9 new utility model patents during the reporting period, with a total of 102 effective patents, including 65 invention patents[99] Strategic Initiatives - The company is exploring potential acquisitions to enhance its technology capabilities and market presence[2] - The company is considering strategic acquisitions to enhance its product portfolio, with potential targets identified in the technology sector[172] - The company has established subsidiaries "Xingyi Fantasy" and "Yijie Network" to enhance its domestic market presence and accelerate global integrated operations[46] - The company has established a global business network to mitigate risks associated with cultural differences and market conditions in overseas markets[161] Risk Management - The company has identified key risks including market competition and regulatory changes, with strategies in place to mitigate these risks[2] - The company is exposed to foreign exchange risks, with significant revenue derived from overseas markets, necessitating strategies to manage currency fluctuations[163] - There is a potential risk of intellectual property disputes during the game distribution process, which could lead to legal challenges and significant market revenue fluctuations[165] Financial Strategy and Investments - No cash dividends will be distributed for this period, as the company focuses on reinvestment for growth[2] - The company did not distribute cash dividends or issue bonus shares during the reporting period, maintaining a strategy of reinvestment[170] - The company has committed to avoiding related party transactions and ensuring fair dealings with subsidiaries[176] - The total amount for the company's second employee stock ownership plan is not to exceed 300 million yuan, with a maximum of 150 million yuan to be raised from employees[186] Operational Efficiency - The company aims to reduce operational costs by 15% through efficiency improvements and automation in production processes[172] - The company is committed to reducing overall costs for upstream clients by providing intelligent transportation system services that minimize manual intervention[65] - The company has launched a digital monitoring system for conveyor belts, enhancing operational efficiency and product quality[124] Future Outlook - Future outlook indicates a projected revenue growth of 20% for the second half of 2020, driven by new product launches and market expansion efforts[2] - The company provided a positive outlook for the second half of 2020, projecting a revenue growth of 20% to 30% based on current market trends and user acquisition strategies[172] - New product launches are expected to contribute an additional 200 million RMB in revenue by the end of 2020, with a focus on enhancing product features and user experience[172]

Financial Performance - The company reported a total revenue of 385,103,781 CNY for the year 2019, with a cash dividend distribution of 3 CNY per 10 shares to all shareholders[5]. - The company's operating revenue for 2019 was ¥2,475,616,071.21, representing a 14.28% increase from ¥2,166,229,147.53 in 2018[23]. - The net profit attributable to shareholders for 2019 was ¥305,042,137.26, up 12.25% from ¥271,746,593.72 in 2018[23]. - The net cash flow from operating activities increased by 108.95% to ¥378,539,424.52 in 2019 from ¥181,166,933.64 in 2018[23]. - The total assets at the end of 2019 were ¥4,020,280,526.69, a 24.24% increase compared to ¥3,235,992,619.83 at the end of 2018[23]. - The net assets attributable to shareholders increased by 16.38% to ¥2,636,272,813.23 at the end of 2019 from ¥2,265,293,512.23 at the end of 2018[23]. - The basic earnings per share for 2019 was ¥0.7921, reflecting a 14.42% increase from ¥0.6923 in 2018[23]. - The weighted average return on equity for 2019 was 12.62%, up from 11.58% in 2018[23]. - The company reported a quarterly revenue of ¥706,332,326.24 in Q4 2019, which was the highest among the four quarters[24]. - The total revenue for the year 2019 was approximately ¥2.48 billion, representing a year-on-year increase of 14.28% from ¥2.17 billion in 2018[123]. - The mobile game operation segment generated ¥1.60 billion, accounting for 64.60% of total revenue, with a year-on-year growth of 12.30%[123]. - The conveyor belt manufacturing and service segment contributed ¥876.25 million, which is 35.40% of total revenue, showing an 18.09% increase compared to the previous year[123]. - The overseas market accounted for 75.01% of total revenue, increasing from 73.69% in 2018, indicating a strong international expansion strategy[125]. Risk Management - The company has outlined potential risks and corresponding countermeasures in the report, emphasizing the importance of investor awareness regarding investment risks[5]. - The company has faced potential risks related to intellectual property disputes in the game publishing process, which could impact revenue and operational plans[183]. - The company emphasizes a cautious approach in selecting game partners with clear intellectual property rights to mitigate legal risks[183]. - The company recognizes the risk of reliance on App Store and Google Play for overseas game revenue, which could impact profitability if market preferences shift[179]. - The company is committed to maintaining compliance with local regulations in overseas markets to mitigate potential policy risks[180]. - The company will implement measures to address foreign exchange risks due to significant revenue from international markets[181]. Strategic Initiatives - The report includes a detailed analysis of the company's operational performance and future outlook, highlighting strategic initiatives for market expansion[5]. - The company is actively exploring mergers and acquisitions as part of its growth strategy in the competitive landscape[5]. - The company aims to create innovative products that cater to diverse user needs and expand its global market reach[37]. - The company is focusing on the development of cloud gaming and VR/AR technologies, which are expected to significantly impact the gaming industry with the advent of 5G technology[41]. - The company aims to enhance product quality and accelerate international market development as part of its high-end and internationalization strategy[118]. - The company plans to strengthen its international brand influence and expand its market share by evaluating and improving its technology, brand, and service management[170]. - The company aims to deepen its "high-end and international" development strategy, focusing on the dual business model of "mobile internet + industrial internet" to drive transformation and innovation[162]. Product Development and Innovation - The company has successfully launched over 240 games globally, covering more than 130 countries and regions, establishing itself as one of the earliest mobile game publishers in China[34]. - The company is focusing on new product development and technological innovation to drive future growth[5]. - The company has accumulated 82 valid patents, including 54 invention patents and 28 utility model patents, with 16 patents currently under application[94]. - The company is focused on developing green and energy-saving composite materials for conveyor belts, enhancing product performance in terms of energy efficiency and environmental protection[91]. - The company has developed the Prometheus software system for game behavior prediction, enhancing user retention and revenue generation[108]. - The company is expanding its self-research capabilities with the establishment of Chengdu Juhuo, focusing on developing proprietary products[106]. Market Presence and Expansion - The company has established a strong presence in the overseas market, with popular games consistently ranking in the top charts on platforms like Google Play and App Store[35]. - The company has successfully expanded its mobile internet market presence from South Korea and Southeast Asia to major markets such as Japan and Europe, aiming for a dual-driven business model of regional distribution and global operations[42]. - The company has established a competitive advantage in overseas markets, particularly in regions like Japan, North America, and Western Europe, reflecting the growing strength of Chinese games abroad[40]. - The company achieved overseas game revenue of RMB 159,808.92 million in 2019, accounting for 99.92% of total game revenue[179]. - The company is actively pursuing international expansion, particularly in markets such as Korea, Southeast Asia, and Europe, to drive growth in its mobile internet business[102]. Corporate Governance and Compliance - The company is committed to ensuring the authenticity, accuracy, and completeness of the financial report, with key personnel affirming the report's integrity[5]. - The company has committed to avoiding competition with its controlling shareholders and related parties, ensuring compliance with its commitments[193]. - The company guarantees that it will avoid or minimize related party transactions with its subsidiaries, adhering to fair and reasonable principles[198]. - The company has established a long-term commitment to ensure compliance with legal and regulatory requirements regarding related party transactions[198]. - The company’s chairman, Bao Zhifang, confirmed that there are no competitive businesses under his control that could harm the interests of the company and its shareholders[200]. Shareholder Returns - The company plans to distribute a cash dividend of RMB 3 per 10 shares, totaling RMB 115,531,134.30, based on a total share count of 396,767,886 shares as of December 31, 2019[191]. - The cash dividend represents 37.87% of the net profit attributable to shareholders, which was RMB 305,042,137.26 for the year 2019[192]. - The company has maintained a consistent cash dividend policy, with the previous year's cash dividend being RMB 0 and the year before that being RMB 1.15 per 10 shares[189][192].

Financial Performance - Total revenue for Q1 2020 was ¥639,740,699.14, an increase of 6.38% compared to ¥601,388,426.62 in the same period last year[7] - Net profit attributable to shareholders was ¥118,442,473.83, representing a 35.28% increase from ¥87,555,851.13 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥115,920,654.83, up 33.17% from ¥87,045,790.67 in the previous year[7] - Basic earnings per share for the period was ¥0.3076, a 35.27% increase compared to ¥0.2274 in the same period last year[7] - The company achieved operating revenue of RMB 639.74 million, a year-on-year increase of 6.38%[21] - The net profit attributable to the parent company was RMB 118.44 million, representing a year-on-year growth of 35.28%[21] - The company reported a total revenue of 1.5 billion RMB for Q1 2020, representing a year-over-year increase of 15%[39] - The net profit for Q1 2020 reached ¥39,408,952.23, significantly up from ¥12,612,620.40 in Q1 2019, representing an increase of 212.5%[75] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,358,534,462.27, an increase of 8.41% from ¥4,020,280,526.69 at the end of the previous year[7] - Total liabilities increased to ¥1,553,337,826.31 from ¥1,379,924,843.67, representing a growth of about 12.6%[57] - Current assets increased to ¥2,244,844,661.83 as of March 31, 2020, up from ¥1,941,217,477.22 as of December 31, 2019, representing a growth of approximately 15.7%[53] - Total equity rose to CNY 2,329,673,801.58, up from CNY 2,290,264,849.35, indicating a growth of 1.7%[66] Cash Flow - The net cash flow from operating activities was ¥41,498,963.81, a decrease of 16.24% compared to ¥49,542,234.19 in the same period last year[7] - The net cash flow from financing activities increased by 310.08% to RMB 1.06 billion, mainly due to increased bank borrowings[20] - The company's cash flow from operating activities was ¥41,498,963.81, down from ¥49,542,234.19 in the previous year[78] - The net cash flow from financing activities increased to ¥64,280,665.89 from ¥26,134,556.25, representing a growth of 146.1%[83] Business Operations - The mobile internet business generated revenue of RMB 428.41 million, with a net profit of RMB 85.41 million[22] - The industrial internet business reported revenue of RMB 211.33 million, driven by new client acquisitions and international trade growth[24] - The company launched a new product, "Food Fantasy," which topped the iOS and Google free charts on its first day, contributing to revenue growth[23] - The company plans to launch over ten new products in various international markets, enhancing its product portfolio[23] - The company is expanding into the VR sector and exploring new game business models using cloud computing technology[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,110[11] - The largest shareholder, Bao Zhifang, held 22.75% of the shares, amounting to 90,261,952 shares[11] - The company has repurchased a total of 11,664,105 shares, with a total payment of RMB 152,058,788, accounting for 2.94% of the current total share capital[36] Future Outlook - User data showed an increase in active users by 20% compared to the previous quarter, reaching 2 million active users[39] - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, driven by new product launches[39] - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2021[39] - A strategic acquisition of a local tech firm is expected to be finalized by Q3 2020, which will enhance the company's technological capabilities[39] Compliance and Governance - The company reported a commitment to reduce and regulate related party transactions, ensuring that no transactions exist with Guangzhou Yihuan and its subsidiaries prior to the completion of the transaction[43] - The company guarantees that it will not engage in related party transactions that could harm the interests of the company and its subsidiaries, and will comply with relevant laws and regulations[45] - The company has made long-term commitments to ensure compliance with internal governance and disclosure obligations regarding related party transactions[43] Research and Development - Investment in R&D increased by 25% year-over-year, focusing on innovative technologies and product enhancements[39] - Research and development expenses were CNY 7,882,024.53, down from CNY 8,150,605.75, showing a decrease of 3.3%[66]

Financial Performance - Net profit attributable to shareholders decreased by 17.04% to CNY 65,754,454.71 for the current period[8] - Operating revenue for the current period was CNY 586,446,512.68, reflecting a 5.00% increase year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 64,975,604.82, down 17.35% compared to the same period last year[8] - Basic earnings per share decreased by 15.75% to CNY 0.1707[8] - The weighted average return on equity was 2.86%, a decrease of 0.55% compared to the previous year[8] - Total operating revenue for Q3 2019 was CNY 586,446,512.68, an increase of 4.9% compared to CNY 558,527,247.31 in the same period last year[45] - Net profit attributable to the parent company increased to CNY 66,000,914.51, compared to CNY 87,539,855.53 in the previous year, reflecting a decrease of 24.7%[45] - The net profit for the third quarter was CNY 54,962,965.39, down 33.4% from CNY 82,425,316.43 year-over-year[49] - The total profit for the third quarter was CNY 60,552,545.57, a decrease of 32.5% from CNY 89,669,106.16 in the same quarter last year[49] - The total profit for the year-to-date period reached CNY 1,769,283,744.97, up from CNY 1,547,417,684.61 in the previous year[52] Assets and Liabilities - Total assets increased by 48.63% to CNY 4,809,741,765.53 compared to the end of the previous year[8] - The company's total monetary funds reached 1,672,899,136.46 RMB, a significant increase of 360.93% from the previous period[19] - The total liabilities of the company amounted to ¥2,218,638,660.03, up from ¥935,490,409.34, representing an increase of about 137.4%[37] - Total assets reached CNY 4,480,339,199.78, compared to CNY 3,223,167,178.75 at the end of 2018, marking an increase of 39.0%[41] - The company reported a total liability of CNY 935,490,409.34, with current liabilities at CNY 605,522,526.90 and non-current liabilities at CNY 329,967,882.44[79] Cash Flow - Cash flow from operating activities increased by 29.84% to CNY 218,172,715.13 year-to-date[8] - The net cash flow from financing activities surged to 1,134,727,599.67 RMB, a 916.80% increase attributed to increased loans[21] - Cash inflow from financing activities was ¥2,464,259,173.33, compared to ¥401,000,000.00 in the previous period, showing a substantial increase of 514.4%[66] - The ending cash and cash equivalents balance increased to ¥1,624,483,115.45 from ¥505,641,710.28, reflecting a growth of 220.5%[68] - Cash outflow from investing activities totaled ¥168,170,904.42, a significant decrease from ¥600,123,178.28 in the previous period, indicating improved investment efficiency[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,560[11] - The largest shareholder, Bao Zhifang, holds 22.75% of the shares, amounting to 90,261,952 shares[11] - The company approved a second employee stock ownership plan with a total funding of up to 300 million RMB, aiming to raise 150 million RMB from employees[22] - The company repurchased a total of 11,664,105 shares, accounting for 2.94% of the total share capital, with a total expenditure of ¥152,058,788[26] Expenses - Sales expenses increased by 36.45% to 662,105,015.14 RMB, primarily due to higher advertising and channel costs in the mobile internet business[21] - The company incurred financial expenses of CNY 13,441,272.38, significantly higher than CNY 6,838,540.07 in the same period last year, with interest expenses accounting for CNY 9,152,446.56[50] - The tax expenses for Q3 2019 were CNY 26,058,972.79, significantly higher than CNY 14,804,060.36 in Q3 2018, indicating an increase of approximately 76.1%[54] Research and Development - Research and development expenses for Q3 2019 were CNY 7,547,895.70, compared to CNY 6,953,400.57 in the same period last year, indicating a growth of 8.6%[45] - Research and development expenses for Q3 2019 were CNY 22,698,542.43, slightly down from CNY 23,183,896.35 in Q3 2018, showing a decrease of about 2.1%[54]

Financial Performance - The company reported a total revenue of 150 million CNY for the first half of 2019, representing a year-on-year increase of 20%[1]. - The net profit attributable to shareholders was 30 million CNY, up 15% compared to the same period last year[1]. - Total revenue for the reporting period reached ¥1,182,837,232.29, an increase of 19.61% compared to the same period last year[28]. - Net profit attributable to shareholders was ¥167,019,125.49, reflecting a growth of 17.34% year-on-year[28]. - The net profit after deducting non-recurring gains and losses was ¥164,774,380.58, up 17.47% from the previous year[28]. - The company achieved operating revenue of 1,182.84 million CNY, a year-on-year increase of 19.61%[88]. - The net profit attributable to the parent company was 167.02 million CNY, up 17.34% compared to the same period last year[88]. - The mobile internet business generated revenue of 790.31 million CNY, reflecting a growth of 20.65% year-on-year[89]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2019, representing a 20% year-over-year growth[136]. User Engagement - User engagement metrics showed a 25% increase in active users, reaching 1.2 million by the end of June 2019[1]. - User data showed an increase in active users by 15% compared to the previous year, reaching 2 million active users[132]. Future Outlook - Future guidance indicates an expected revenue growth of 30% for the full year 2019, driven by new product launches and market expansion[1]. - The company expects a revenue growth of 25% for the second half of 2019, driven by new product launches and market expansion strategies[132]. - The company plans to launch two new mobile games in Q4 2019, targeting a revenue contribution of 50 million CNY from these titles[1]. - The company has set a target to launch three new products in the next quarter, aiming to capture additional market segments[132]. Research and Development - Research and development expenses increased by 10% to 20 million CNY, focusing on improving game graphics and user experience[1]. - Investment in R&D increased by 30% year-on-year, focusing on new technologies and product innovations[132]. - The company is actively investing in product research and development, focusing on a "premium" and "segmented" product strategy to create a collaborative ecosystem[40]. Market Expansion - The company aims to enhance its mobile internet business and modern industrial logistics services[35]. - The company has established a strong competitive advantage in markets such as South Korea, Hong Kong, Macau, Taiwan, and Japan, with a focus on global market expansion[38]. - The company aims to enhance its overseas market output capabilities and core competitiveness through a dual-engine strategy of regional distribution and global research and operation integration[40]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2020[132]. - The company expanded its global mobile game distribution, launching products in approximately 130 countries and regions, contributing to new revenue growth points[92]. Corporate Strategy - The company is exploring potential acquisitions to enhance its technology capabilities and expand its market presence[1]. - A strategic acquisition of a local tech firm is anticipated to enhance the company's product offerings and market reach[132]. - The company has a strong focus on creating innovative products to meet diverse user needs globally[35]. - The company is committed to enhancing its online marketing strategies to boost user acquisition and retention rates[1]. Risk Management - The management highlighted risks related to market competition and regulatory changes, with strategies in place to mitigate these risks[1]. - The company is committed to complying with local laws and regulations in overseas markets to minimize potential policy risks[121]. Shareholder Information - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[1]. - The company has committed to repurchase shares worth no less than RMB 80 million to enhance investor confidence and protect the interests of minority shareholders[138]. - The largest shareholder, Bao Zhifang, holds 22.75% of the shares, totaling 90,261,952 shares, with 62,733,300 shares pledged[182]. Awards and Recognition - The company received multiple industry awards, including "Top Ten Overseas Expansion Game Enterprises in China" in 2016 and 2017, and "Best Overseas Game Enterprise Award" in 2018[38]. - The company has been recognized as a "Chinese Famous Trademark" and its "BOTON" brand has been rated as an internationally renowned brand in Jiangsu Province for the years 2017-2019[74]. Financial Stability - The company is committed to maintaining a debt-to-equity ratio below 0.5 to ensure financial stability[132]. - The net cash inflow from financing activities surged by 980.91% to approximately 1.12 billion RMB, mainly due to increased loans[102]. - The net increase in cash and cash equivalents reached approximately 1.18 billion RMB, a significant rise of 5,165.96% attributed to cash received from loans[102].