Group 1: Company Overview - Wuxi Baotong Technology Co., Ltd. has been actively transforming into the mobile game internet business since its partnership with Yihuan in 2016 [2] - Yihuan Network, established in 2012, is one of the earliest leading companies in the overseas gaming market, achieving significant breakthroughs in Hong Kong, Macau, Taiwan, Southeast Asia, and South Korea from 2013 to 2018 [2] - In 2018, Yihuan Network ranked seventh in the South Korean market and was the first in total issuance volume among Chinese companies going overseas [2] Group 2: Core Competencies - Yihuan Network has a first-mover advantage in the overseas mobile game distribution market, covering major global gaming markets [3] - The company has accumulated data from over 240 games and has user data from more than 130 countries and regions, with a user base in the hundreds of millions [3] - Yihuan Network has established long-term partnerships with international companies like Facebook, Google, and Tencent, enhancing its market presence and operational capabilities [3] Group 3: Team and Product Development - The Hainan Gaotu team consists of over 100 members, with a management restructuring since its establishment in December 2018 [3] - Hainan Gaotu has launched three products, including "King's Throne: Game of Lust" and "War And Magic," with another self-developed product expected to launch in 2020 [4] - The company plans to release 3-4 self-developed products in 2020, focusing on content importance and increasing investment in game development [4]

Group 1: Financial Performance - The company achieved a total revenue of 1,951.91 million CNY in the first nine months of 2020, representing a year-on-year growth of 10.32% [2] - The net profit attributable to the parent company was 316.21 million CNY, an increase of 35.84% compared to the same period last year [2] - In Q3 2020, the net profit reached 80.18 million CNY, showing a year-on-year growth of 22.80% [3] Group 2: Business Development - The mobile internet business has transitioned to overseas regional distribution and operation, focusing on markets in South Korea, Southeast Asia, and expanding into Europe, the US, and Japan [3][5] - The revenue share from the Japanese and European markets increased from 5% to over 30%, indicating strong growth momentum [5] - New products launched in 2020, such as "Food Fantasy" and "Destiny's Rule," performed well in the market [4] Group 3: Research and Development - The company is focusing on self-developed products, with the first self-developed game "End of the Line: Inobeta" released on July 31, 2020 [6][9] - The company has established a research and development system to enhance its capabilities in mobile game publishing and self-developed content [6] - The company plans to leverage new technologies like AR/VR, with the VR/AR market projected to reach 18.8 billion USD in 2020 and a compound annual growth rate of 67% from 2019 to 2023 [9][10] Group 4: Strategic Initiatives - The company aims to optimize its governance structure and focus on business transformation and innovation in profit models [10] - It will continue to promote a dual business model of "mobile internet + industrial internet," enhancing its technological and talent capabilities [10] - The company is committed to fulfilling social responsibilities while pursuing high-quality and steady growth [10] Group 5: Shareholder Information - The major shareholder has pledged 12.85% of their personal shares, which accounts for 2.92% of the total share capital [8]

Financial Performance - The company achieved a net profit attributable to shareholders of 396.55 million to 427.06 million CNY in 2020, representing a year-on-year increase of 30%-40% compared to 2019 [3] - In Q4 2020, the estimated net profit is projected to be between 80.35 million and 110.85 million CNY, showing a year-on-year growth of 11%-53% [3] - The growth is primarily driven by stable revenue from existing gaming products and contributions from the industrial internet sector [3] Mobile Internet Business - The mobile internet segment focuses on overseas distribution and operation of mobile games, with over 400 games released globally by the subsidiary Yihuan Network [4] - Yihuan Network has a user base across more than 130 countries and regions, utilizing multiple languages [4] - Hainan Gaotu, established in late 2018, has grown to over 170 employees and plans to launch its self-developed product "WTS" in mid-2021 [4][6] Industrial Internet Business - The industrial internet segment has seen significant growth, with international trade revenue increasing by over 100% year-on-year [5] - The digital conveyor belt product sales have shown a continuous compound growth rate of over 30% for three consecutive years [5] - The company is focusing on optimizing product structure and accelerating innovation in business models [5] Future Development Plans - The company aims to build a digital ecosystem for industrial bulk material transportation, integrating technologies like 5G, big data, and AI [7][8] - Plans to expand application scenarios in industries such as steel, coal, and ports, while enhancing software and hardware capabilities [7] - The dual business model of mobile internet and industrial internet is expected to continue thriving, with a focus on intelligent and digital solutions [9] Governance and Corporate Culture - The company maintains a governance structure with five board members, two of whom are from the mobile internet sector, ensuring cultural and resource integration [8] - The core values emphasize "benevolence, integrity, cooperation, and sharing," guiding the company's strategic direction and operational efficiency [9]

Group 1: Company Overview and Financial Performance - The main business of Baotong Technology is industrial internet, focusing on intelligent material transportation services, achieving a revenue of 1.334 billion CNY in the first half of 2021, a year-on-year increase of 1.63% [2] - The net profit attributable to the parent company for the same period was 249 million CNY, reflecting a growth of 5.77% [2] - The industrial internet segment generated 524 million CNY, while the mobile internet gaming business contributed 810 million CNY [2] Group 2: Industrial Internet Business Development - The company has been engaged in the industrial material transportation sector since 2014, transitioning to intelligent services in 2018 [2] - The intelligent transportation business has a dedicated R&D team of over 90 personnel, focusing on digital transportation systems and intelligent operation services [3] - Key projects include smart transformation at Xincheng Steel and deployment at Shandong Steel's Rizhao base, establishing a foundation for intelligent upgrades in steel mills [3] Group 3: Technological Innovations and Product Offerings - The digital transportation system includes smart hardware products such as digital conveyor belts, smart online monitoring products, and 5G intelligent gateways [3] - The company aims to integrate cloud computing, big data, and AI technologies into traditional industries, enhancing operational efficiency and safety [4] - The intelligent operation services are designed to provide comprehensive solutions for material transportation, leveraging partnerships with leading companies in autonomous driving and AI [4] Group 4: Mobile Internet Business and Market Expansion - The mobile internet segment focuses on overseas distribution and operation of mobile network games, with a strong presence in markets like South Korea, Southeast Asia, and Europe [4] - The subsidiary Yihuan Network has been actively expanding its domestic game market, ensuring stable performance through resource support [4] - The company plans to launch several new games in 2021, including self-developed titles, to drive continuous growth [7] Group 5: Strategic Partnerships and Future Outlook - The company collaborates with Taga to explore integrated operations in open-pit mining, positioning itself as a major shareholder [5] - The intelligent mining sector is expected to grow significantly, with substantial market opportunities driven by government policies and industry demand [6] - Future strategies include enhancing R&D capabilities, expanding into new technologies like VR/AR, and maintaining a dual business model of mobile and industrial internet [8]

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].