Company Overview - The main business of Baotong Technology is in industrial and mobile internet, with a strong focus on industrial internet as a key area for transformation and upgrade [2] - The company has increased R&D and marketing investments, establishing joint ventures to enter the smart operation service market [2] Industrial Internet Development - The industrial internet segment has shifted from pure manufacturing to service markets, particularly in bulk material transportation [2] - The company has developed a digital conveyor belt system and smart monitoring systems, which are expected to see stable growth in 2022 [3][4] - The company aims to integrate technologies such as 5G, AI, and big data to enhance its dual business model [3] Game Development and Market Expansion - The gaming segment is expanding into various global markets, including Southeast Asia, Europe, and the Middle East, with plans to launch 3-4 self-developed products in the upcoming quarters [3] - The company has a rich product pipeline, with several new games set to launch in 2022 [7] Investment and Strategic Partnerships - Baotong Technology is investing in areas such as autonomous driving, virtual reality, and AI, aiming to create a comprehensive digital ecosystem [5] - The company has formed partnerships with various strategic partners to enhance its smart mining and industrial internet capabilities [5][6] Market Trends and Future Outlook - The company anticipates significant growth in the industrial internet sector, driven by government policies and the increasing willingness of coal enterprises to adopt smart technologies [7] - The overall market for intelligent transportation systems in mining is expected to expand, with a focus on automation and digital transformation [7] Financial Performance and Projections - The company expects 2022 to be a year of rapid growth, with multiple projects and products set to launch, contributing to sustainable business development [3][4] - The company has already embedded RFID chips in its conveyor belts to enhance data collection and operational efficiency [4][6]

Financial Performance - In 2021, the company achieved a revenue of 2.76 billion CNY, a year-on-year increase of 7.81% [2] - In Q1 2022, the revenue was 662 million CNY, a decrease of 9.62% year-on-year, with a net profit of 69 million CNY, down 43.96% [2][3] - The average annual compound growth rate of revenue from 2015 to 2021 was 34.33%, and the net profit growth rate was 34.41% [3] Impact of COVID-19 - The pandemic significantly affected operational efficiency, particularly in logistics and project execution during March and April 2022 [3][4] - The company anticipates a recovery in operational efficiency as the pandemic situation improves [4] Business Strategy and Development - The company is focusing on digital transformation and integrating emerging technologies into its operations [2] - It plans to enhance R&D investments, particularly in attracting high-level overseas talent [3] - The company aims to expand its global market presence, targeting major markets including China, Japan, and Europe [3][4] Industrial Internet and Smart Mining - The smart mining market is expected to grow significantly, with a projected penetration rate of 25% by 2025 [4] - The overall market size for smart mining is anticipated to exceed 1 trillion CNY, with a compound annual growth rate of over 85% [8] - The company is positioned as a leader in the intelligent conveying system sector, with a focus on smart mining applications [8] Gaming Sector Insights - The company has a robust pipeline of games, with four titles already approved for release [3] - The gaming industry is evolving, with a shift towards optimizing user experience and service quality [5] - The company is focusing on smaller, high-quality games rather than large-scale productions due to resource constraints [7] Future Outlook - The company remains optimistic about its long-term growth prospects despite current economic uncertainties [6] - It is committed to investing in core business areas, including industrial internet and mobile gaming, to ensure sustainable growth [6][8]

编号：20220512 证券代码：300031 证券简称：宝通科技 无锡宝通科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号：20220801 证券代码：300031 证券简称：宝通科技 无锡宝通科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's revenue for Q3 2022 was ¥862,344,655.29, representing a 35.25% increase year-over-year[5] - The net profit attributable to shareholders for Q3 2022 was ¥50,132,382.51, a decrease of 40.48% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥61,317,864.99, down 25.99% year-over-year[5] - Total operating revenue for Q3 2022 reached CNY 2,387,923,013.77, an increase of 21.1% compared to CNY 1,972,063,190.37 in the same period last year[39] - Net profit attributable to shareholders of the parent company was CNY 100,785,695.21, a decrease of 69.8% from CNY 333,264,480.26 in the previous year[41] - The total comprehensive income for Q3 2022 was CNY 158,688,323.53, compared to CNY 334,252,559.40 in the same period last year, indicating a decline of 52.6%[41] - Basic earnings per share for Q3 2022 were CNY 0.2447, down from CNY 0.8653 in the previous year, a decrease of 71.7%[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,723,799,016.70, an increase of 6.73% from the end of the previous year[5] - Total liabilities increased to CNY 1,701,304,864.46, up from CNY 1,468,657,333.65 year-over-year, reflecting a growth of 15.8%[39] - The company's total equity attributable to shareholders reached CNY 4,011,573,093.70, up from CNY 3,820,741,702.14, marking a growth of 5.0%[39] - The company's cash and cash equivalents increased by 40.78% to ¥804,295,553.57 due to the recovery of investment funds from the transfer of equity[9] - The company's cash and cash equivalents reached ¥804,295,553.57, up from ¥571,317,837.78, indicating a significant increase of about 40.6%[35] - Accounts receivable increased to ¥782,317,421.44 from ¥668,919,915.29, representing a growth of approximately 16.9%[35] - The company reported a total current assets of ¥2,501,398,103.69, which is an increase of about 20.3% compared to ¥2,078,107,272.85 at the beginning of the year[35] - The non-current assets totaled ¥3,222,400,913.01, a slight decrease from ¥3,284,992,011.83, indicating a decline of about 1.9%[35] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥96,251,471.02, a decline of 169.75% year-over-year[5] - The net cash flow from operating activities decreased by 169.75% to -96,251,471.02 RMB due to increased payments for employee compensation and advertising expenses[13] - The net cash flow from investing activities increased by 271.30% to 293,794,069.68 RMB, primarily due to the transfer of equity in Yanzhou Mining Dongping Port Co., Ltd. and reduced investment in construction projects[13] - The net cash flow from financing activities increased by 603.31% to 14,901,520.62 RMB, mainly due to a decrease in dividend distribution and minority shareholder investments[13] - Total cash inflow from operating activities amounted to 2,241,865,428.47, compared to 2,123,075,445.06 in the same period last year, reflecting an increase of approximately 5.6%[45] - Cash outflow from operating activities totaled 2,338,116,899.49, up from 1,985,071,189.87, indicating a rise of about 17.8%[45] - Cash inflow from investment activities was 701,283,749.25, significantly higher than 136,078,568.36 in the previous year[45] - The net cash flow from investment activities was 293,794,069.68, a recovery from -171,503,534.61 in the same quarter last year[45] - Cash inflow from financing activities totaled 505,979,836.12, down from 570,929,600.00 in the previous year[47] - The net cash flow from financing activities was 14,901,520.62, compared to -2,960,714.54 in the same period last year, showing a positive turnaround[47] Expenses - Sales expenses rose by 64.39% to 658,493,258.78 RMB, attributed to increased advertising expenditures[11] - Management expenses increased by 50.33% to 182,716,667.40 RMB, mainly due to higher employee compensation and fixed asset depreciation[11] - Tax and additional charges increased by 194.96% to 9,397,594.12 RMB, primarily due to increased value-added tax and property tax[11] - Research and development expenses for Q3 2022 amounted to CNY 101,370,881.88, representing a 28.4% increase from CNY 78,988,654.61 in the previous year[39] Investments and Equity - The company's long-term equity investments decreased by 96.42% to ¥11,967,406.28 due to the transfer of equity in a subsidiary[9] - The company reported a significant increase of 237.99% in construction in progress, amounting to ¥93,655,526.60, attributed to the development of a new headquarters[9] - The company plans to transfer 35.43% of its stake in Yanzhou Mining Dongping Port Co., Ltd. for no less than RMB 325.98 million[24] - The company adjusted the exercise price of the 2020 stock option incentive plan from RMB 19.42 per share to RMB 19.32 per share due to dividend distribution[20] - A total of 626,271 stock options are available for exercise in the second exercise period, with 147 eligible participants[21] - The company's wholly-owned subsidiary, Wuxi Bainian Tong Industrial Conveying Co., Ltd., increased its registered capital to RMB 348.16 million through equity replacement, with a total capital increase of RMB 48.16 million[23] Market and Operational Strategy - The company aims to enhance its overseas distribution capabilities and operational efficiency to mitigate market competition risks[29] - The company is committed to maintaining a cautious approach in selecting game titles to avoid potential intellectual property disputes[30] - The company plans to adapt its gaming operations in response to changing national policies affecting the internet gaming industry[31] - The company emphasizes the importance of developing high-quality games to meet increasing player expectations and market demands[32] - The company intends to leverage its industry experience to navigate potential risks associated with new game development and operations[32] - The company is exposed to foreign exchange risks due to fluctuations in international currency markets, which may impact pricing and profitability[28] Other Income - Other income rose by 94.66% to 23,484,036.13 RMB, mainly due to increased government subsidies[11] - Investment income decreased by 38.26% to 47,772,972.84 RMB, primarily due to reduced dividend income[11] - The company reported a 3844.45% decrease in exchange gains, resulting in a loss of -45,915,391.88 RMB due to currency fluctuations[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,468[14] - The company has accumulated goodwill of RMB 1,240.49 million, accounting for 30.92% of its current net assets, posing a risk of impairment due to market challenges[25] - In the first three quarters of 2022, the company's overseas game revenue reached RMB 107.47 million, accounting for 86.14% of total game revenue[26] - The company's overseas income for the first three quarters of 2022 was RMB 148.19 million, representing 62.06% of total revenue[27]

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[1]. - The company has set a revenue guidance of 1.2 billion CNY for the full year 2022, reflecting an expected growth of 10%[1]. - The company reported a revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year growth of 20%[17]. - The company expects a revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion strategies[17]. - The company's operating revenue for the first half of 2022 was ¥1,525,578,358.48, representing a 14.32% increase compared to ¥1,334,492,406.92 in the same period last year[26]. - The company achieved a revenue of 800.26 million RMB in the first half of 2022, a year-on-year decrease of 1.21%[163]. - The net profit attributable to shareholders was ¥50,653,312.70, a decrease of 79.66% from ¥249,040,277.53 in the previous year[26]. - The net profit attributable to shareholders was -63.53 million RMB, representing a year-on-year decline of 156.36%[163]. User Growth and Engagement - User data indicates a growth in active users, reaching 1.2 million, which is a 20% increase compared to the same period last year[1]. - User data showed an increase in active users by 15% compared to the previous year, reaching 2 million active users[17]. - The active user count reached 12.95 million, with a total user base of 189.27 million[125]. Product Development and Innovation - New product launches are expected to contribute an additional 100 million CNY in revenue by the end of 2022[1]. - The launch of a new product line in the smart home sector is expected to contribute an additional 200 million RMB in revenue by Q4 2022[17]. - The company has launched 19 new products during the reporting period, while also taking down 17 underperforming games, impacting profit margins[153]. - The company has developed the world's first carbon-neutral conveyor belt product in collaboration with BHP, receiving a certification from SGS[154]. - The company is focusing on the development of green and energy-efficient materials for conveyor belts, promoting sustainability in its operations[131]. Research and Development - Research and development expenses increased by 30% to 50 million CNY, focusing on new technology innovations[1]. - Investment in R&D for new technologies, including AI and IoT, increased by 30% year-on-year, totaling 300 million RMB[17]. - Research and development expenses increased by 60.42% to ¥67.12 million, reflecting the company's commitment to enhancing its R&D capabilities[179]. - The company has a total of 23 ongoing R&D projects related to global mobile game distribution and operation, showcasing its commitment to technological innovation[175]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2023[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[17]. - The company is actively assessing acquisition opportunities to bolster its technology portfolio and expand its service capabilities[1]. - The company is enhancing game development and content production to expand into domestic and international markets, focusing on a product, market, and user-oriented ecosystem[168]. Financial Management and Investments - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[1]. - The total assets at the end of the reporting period were ¥5,604,686,754.67, an increase of 4.50% from ¥5,363,099,284.68 at the end of the previous year[26]. - The company reported a net increase in cash and cash equivalents of negative ¥107.38 million, a decrease of 29.24% year-over-year, attributed to reduced operating cash flow[179]. - The total liabilities decreased by 1.50% year-over-year, with short-term borrowings at ¥433,005,505.05, accounting for 7.73% of total liabilities[185]. Risk Management - Risk factors related to market competition and regulatory changes have been identified, with mitigation strategies in place[1]. - The company has implemented risk control measures for derivative investments, including monitoring market liquidity and evaluating credit risks associated with financial institutions[200]. Corporate Social Responsibility and Sustainability - The company is focusing on sustainability initiatives, with a goal to reduce operational costs by 15% through energy-efficient technologies by 2025[17]. - The company aims to integrate green upgrades and digital solutions in the bulk material transportation systems for various industries, including steel and mining[44]. Industry Trends and Market Insights - The domestic smart delivery market for industrial bulk materials is projected to reach a market size of 100 billion yuan by 2025, with a compound annual growth rate exceeding 85%[85]. - The smart mining market is expected to exceed 1 trillion yuan, driven by policies promoting intelligent construction in coal mines[88]. - The metaverse market is predicted to grow significantly, with estimates ranging from 800 billion to 3 trillion dollars in the coming years, indicating a strong growth trajectory for the digital economy[84].

Financial Performance - In 2021, the company achieved operating revenue of 2.76 billion CNY, a year-on-year increase of 4.62%, and a net profit attributable to shareholders of 403 million CNY, a year-on-year decrease of 7.81%[5]. - The company reported a total of CNY 21,025,502.46 in government subsidies recognized in the current period, compared to CNY 9,175,047.84 in 2020[61]. - The net profit attributable to shareholders for 2021 was CNY 402,661,216.69, a decrease of 7.81% from CNY 436,763,840.98 in 2020[51]. - The net cash flow from operating activities was CNY 152,358,092.55, down 45.15% from CNY 277,767,132.94 in 2020[51]. - The total assets at the end of 2021 were CNY 5,363,099,284.68, an increase of 12.52% from CNY 4,766,405,298.60 at the end of 2020[51]. - The basic earnings per share for 2021 was CNY 1.0453, a decrease of 7.83% from CNY 1.1341 in 2020[51]. - The company’s weighted average return on equity for 2021 was 12.56%, down from 15.67% in 2020[51]. - The company’s fourth-quarter operating revenue was CNY 787,716,066.65, with a net profit attributable to shareholders of CNY 69,396,736.43[54]. - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares, based on a total of 411,968,821 shares[26]. Revenue Sources - In 2021, the company's overseas revenue reached RMB 1,908.64 million, accounting for 69.16% of total revenue[21]. - The company generated overseas game revenue of RMB 1,487.86 million in 2021, representing 97.38% of total game revenue[19]. - Revenue from mobile games was ¥1,527,899,616.54, accounting for 55.36% of total revenue, showing a slight decrease of 0.21% compared to the previous year[189]. - The revenue from industrial bulk material intelligent delivery services was ¥1,231,879,640.48, which increased by 11.30% year-on-year, making up 44.64% of total revenue[189]. - The revenue from industrial bulk material intelligent delivery services was ¥1,231,879,640.48, with a gross margin of 30.56%, reflecting an increase of 11.30% year-over-year[195]. Market Expansion and Strategy - The company aims to strengthen its global market presence, focusing on regions such as Korea, Southeast Asia, and Europe, while also entering the domestic gaming market[12]. - The company is committed to sustainable high-quality development and enhancing collaboration with universities and external partners to improve resource sharing and data integration across the industry chain[11]. - The company is focused on developing high-quality games and expanding its market presence to adapt to changing user preferences[26]. - The company aims to enhance its overseas distribution and operational capabilities to maintain competitive advantages in the gaming market[22]. - The company is actively expanding into overseas markets, including the US, Japan, and South America, enhancing its global game distribution capabilities[161]. Innovation and R&D - The company invested over 150 million CNY to build an innovation center and established the Boton Intelligent Conveyor Industry Green Development Research Institute[7]. - The company is committed to continuous innovation and collaboration to create value for shareholders in the digital era[15]. - The company has established a research center for intelligent conveying systems and aims to help clients achieve full-process digital operations and real-time safety monitoring[133]. - The company is investing in new technologies, including AI and cloud computing, with a budget allocation of $10 million for research and development[41]. - The company has filed for 46 new patents during the reporting period, with a total of 140 effective patents as of December 31, 2021[150]. User Engagement and Satisfaction - User data showed an increase in active users by 25% compared to the previous year, reaching 5 million active users[31]. - Customer satisfaction ratings improved to 90%, reflecting a 5% increase from the previous year[31]. - The paid user base grew to 300,000, reflecting a 15% increase from the previous year[43]. - The average revenue per paying user (ARPPU) increased to $15, indicating a 10% rise compared to the previous year[43]. - The company achieved a next-day retention rate of 60%, which is a 5% improvement from the last reporting period[43]. Industry Trends and Market Insights - The domestic intelligent transportation market for industrial bulk materials is projected to reach a market size of 100 billion yuan by 2025, with a penetration rate of 24.7% in the mining sector[72]. - The overall market size for smart mining is anticipated to exceed 1 trillion yuan by 2025, driven by policies promoting intelligent construction in coal mines[75]. - The demand for intelligent transportation solutions is driven by the need for digital transformation in resource-based enterprises, particularly in response to the dual carbon goals[71]. - The intelligent transportation system for industrial bulk materials aims to enhance efficiency, safety, and environmental sustainability in industries such as coal, steel, and ports[68]. - The cultural industry is undergoing a digital transformation, with a focus on integrating new technologies such as AI and big data into various aspects of cultural production and consumption[67]. Technological Advancements - The company is investing in autonomous driving, virtual reality, and AI to integrate unmanned transportation solutions with its systems[127]. - The company has developed a series of intelligent manufacturing systems, including BT-MES and BT-SER, to achieve flexible and agile manufacturing[153]. - The company is focusing on technology innovation and has established high-level R&D platforms to maintain its competitive advantage[152]. - The company is enhancing its digital transformation in industrial bulk material transportation, aligning with national strategic development[119]. - The company offers a comprehensive solution for intelligent transportation, integrating cloud computing, big data, IoT, and AI technologies[123]. Partnerships and Collaborations - The company has established partnerships with financial institutions to mitigate foreign exchange risks, which could impact net profits[21]. - The company has strengthened partnerships with universities and research institutions, enhancing its R&D capabilities and innovation[155]. - The company has maintained long-term partnerships with major global mining and steel groups, enhancing its market presence[151]. - The company has established the Wuxi Metaverse Innovation Alliance, becoming the chair unit of the first council, with over 130 members[13]. - The company aims to deepen cooperation with HTC and Huawei in the VR/AR field, focusing on the metaverse[141].

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]