Financial Performance - The company's operating revenue for Q3 2021 reached ¥963,941,402.12, an increase of 51.58% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥62,554,237.26, up 47.90% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,282,492.43, reflecting a 12.70% increase compared to the previous year[4] - The company reported a 40.37% increase in total operating revenue for the first nine months of 2021, totaling ¥2,574,847,564.97[10] - The company achieved an operating revenue of approximately ¥2.575 billion for the first three quarters, marking a year-over-year growth of 40.37%[18] - The gross profit for the same period was approximately ¥569 million, reflecting a 16.78% increase year-over-year[18] - The net profit attributable to shareholders was ¥156 million, with a year-over-year growth of 13% when excluding the impact of year-end bonuses[18] - Total operating revenue for the third quarter of 2021 reached ¥2,574,847,564.97, an increase of 40.4% compared to ¥1,834,274,966.03 in the same period of 2020[28] Assets and Liabilities - Total assets as of the end of Q3 2021 amounted to ¥3,730,248,315.03, representing a 10.49% increase from the end of the previous year[4] - The company's total liabilities increased significantly, with accounts payable rising to ¥353,520,485.85, a 50.74% increase year-on-year[10] - The company's total assets as of September 30, 2021, were ¥3,730,248,315.03, compared to ¥3,376,142,629.91 at the end of 2020, representing a growth of 10.5%[27] - The total liabilities increased to ¥1,236,997,811.28, compared to ¥949,716,641.26 in the previous year, reflecting a rise of 30.3%[27] - The company's equity attributable to shareholders reached ¥2,476,339,413.14, an increase from ¥2,426,729,873.74, showing a growth of 2.0%[27] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥81,941,523.80, down 50.43% compared to the same period last year[4] - The company reported a net cash flow from operating activities of ¥81,941,523.80, a decrease of 50.43% compared to the previous period due to increased expenses related to procurement and business subsidies[13] - The net cash flow from investing activities was -¥38,068,247.58, a decline of 124.00% year-over-year, primarily due to the absence of significant cash inflows from the disposal of subsidiary equity[13] - The net increase in cash and cash equivalents was -¥116,883,315.96, representing a 174.98% decrease, attributed to reduced cash inflows from subsidiary disposals and increased procurement expenses[13] - The total cash inflow from operating activities is 2,999,669,769.48, an increase from 2,024,817,804.87, showing a growth of about 48.2%[38] - Cash outflow from operating activities totals 2,917,728,245.68, compared to 1,859,498,408.90 in the previous period, which is an increase of approximately 56.8%[38] - The net cash flow from operating activities is 81,941,523.80, down from 165,319,395.97, indicating a decrease of about 50.5%[38] - The cash inflow from investment activities is 581,412,470.83, compared to 404,024,442.30 in the previous period, representing an increase of approximately 43.8%[38] - The cash outflow from investment activities is 619,480,718.41, up from 245,396,177.51, indicating a significant increase of about 152.1%[38] Research and Development - Research and development expenses for the year-to-date reached ¥183,239,694.24, a 36.22% increase compared to the same period last year[10] - Research and development expenses increased to ¥183,239,694.24, compared to ¥134,521,716.58 in the previous year, marking a rise of 36.2%[28] - The company invested significantly in new product development, launching the "Medical Insurance Business Comprehensive Service Terminal" which has passed certification[18] - Research and sales expenses increased by approximately ¥48.72 million and ¥41.07 million, representing year-over-year growth of 36% and 39% respectively[18] Market and Strategic Initiatives - The subsidiary JiaLian Payment processed a transaction volume of approximately ¥1.348 trillion, a 52% increase year-over-year, with operating revenue growth of about 41%[18] - The company plans to explore new opportunities in the electronic payment industry leveraging AI and big data technologies[18] Profitability and Margins - The company reported a net profit margin improvement, with net profit for the period expected to increase due to higher revenue and controlled costs[28] - The net profit for the current period is 156,072,585.91, a decrease from 166,224,566.97 in the previous period, representing a decline of approximately 6.9%[31] - The total profit for the current period is 163,958,341.65, down from 178,407,362.67, indicating a decrease of about 8.6%[31] - Operating profit for the current period is 164,878,485.44, compared to 189,632,493.93 in the previous period, reflecting a decline of approximately 13.1%[31] Cash and Equivalents - The cash and cash equivalents decreased to ¥1,513,939,449.99 from ¥1,596,431,665.33, a decline of 5.2%[24] - The cash and cash equivalents at the end of the period decreased to $1.24 billion from $1.36 billion at the beginning of the period, reflecting a net decrease of $116.88 million[41] Compliance and Standards - The company adopted the new leasing standards starting January 1, 2021, which resulted in adjustments to the financial statements without affecting retained earnings[48] - The company reported a total of $64.09 million in adjustments related to the new leasing standards, impacting both assets and liabilities[48] Receivables - The company maintained a stable level of receivables, with accounts receivable at approximately $403.11 million[42] Product Development and Market Expansion - The company has not disclosed any new product developments or market expansion strategies in the current report[50]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,610,906,162.85, representing a 34.43% increase compared to CNY 1,198,341,003.71 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was CNY 93,140,131.64, a decrease of 25.70% from CNY 125,358,659.79 in the previous year[27]. - The net profit after deducting non-recurring gains and losses was CNY 58,761,555.15, down 36.04% from CNY 91,866,260.35 in the same period last year[27]. - The net cash flow from operating activities was CNY 26,677,105.59, a significant decline of 82.17% compared to CNY 149,583,077.13 in the previous year[27]. - The total assets at the end of the reporting period were CNY 3,690,187,960.50, an increase of 9.30% from CNY 3,376,142,629.91 at the end of the previous year[27]. - The net assets attributable to shareholders of the listed company were CNY 2,404,921,823.96, a slight decrease of 0.90% from CNY 2,426,729,873.74 at the end of the previous year[27]. - The basic earnings per share were CNY 0.19, down 26.92% from CNY 0.26 in the same period last year[27]. - The diluted earnings per share were also CNY 0.19, reflecting the same percentage decrease of 26.92% compared to CNY 0.26 in the previous year[27]. - The weighted average return on equity was 3.86%, down from 5.12% in the same period last year, a decrease of 1.26%[27]. Revenue Growth and Business Segments - The gross profit for the same period was approximately 355 million yuan, reflecting a year-on-year growth of 12.79%[38]. - The net profit attributable to shareholders was 93.14 million yuan, with significant impacts from increased R&D and sales expenses totaling approximately 39.05 million yuan and 19.88 million yuan, respectively, representing year-on-year increases of 46.79% and 30.40%[38]. - The company’s subsidiary, JiaLian Payment, processed a transaction volume of approximately 814.14 billion yuan, a 40.89% increase compared to the previous year[39]. - JiaLian Payment's revenue for the first half of the year was about 1.04 billion yuan, showing a year-on-year growth of 31.01%[41]. - The revenue from digital scene services and financial technology services reached approximately 55.73 million yuan, accounting for about 5.36% of JiaLian Payment's total revenue[46]. - New Guodu Payment achieved revenue of approximately 517 million yuan, a year-on-year increase of 49.99%, with international market sales reaching about 214 million yuan, growing approximately 113%[48]. - Zhongzheng Intelligent reported revenue of approximately 62.66 million yuan, a year-on-year increase of 49.59%, with successful applications in various sectors including finance and public services[52]. - Gongxin Chengfeng achieved revenue of approximately 38.71 million yuan, a year-on-year increase of 78.44%, expanding its client base and diversifying its service offerings[54]. Research and Development - The company's R&D investment increased by 46.79% to ¥122,528,432.49, driven by higher bonuses for R&D personnel and new product testing costs[70]. - R&D investment for New Guodu Payment accounted for about 8.97% of total revenue, focusing on new technologies such as biometric recognition and digital currency payments[48]. - The company is increasing R&D investment in emerging technologies to better capture future market opportunities[103]. Strategic Initiatives and Innovations - The company launched the "Medical Insurance Business Comprehensive Service Terminal (Class III) MR980," which successfully passed certification during the reporting period[38]. - The newly developed "Aggregation Rights Platform" served over 100,000 merchants, processing approximately 20 billion yuan in transaction amounts[42]. - The company is actively developing digital RMB "hard wallet" products and has completed preliminary technical adjustments and system tests with banking institutions[55]. - The company has launched AI-driven products "FaceMagic" and "VidAvatar" in overseas markets, accumulating over 500,000 registered users within two months[60]. - The company plans to continue leveraging its experience in the electronic payment sector to explore new opportunities around AI technology and big data[38]. Financial Management and Risks - The company faces regulatory risks in the electronic payment industry due to increased scrutiny and compliance requirements[99]. - The company has increased financial risks associated with mergers and acquisitions, impacting financial management and post-investment oversight[99]. - The company plans to enhance its financial management team and establish a stricter risk control system to mitigate acquisition pricing risks and financing risks[100]. - The company acknowledges the risk of slower-than-expected strategic transformation and is preparing for long-term investments in emerging business development[104]. Corporate Governance and Shareholder Matters - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company held its first extraordinary shareholders' meeting on April 1, 2021, with a participation rate of 28.36%[114]. - The company has a clear profit distribution policy, ensuring timely disclosure of cash dividend policies in annual reports[128]. - The company has not identified any related party transactions among the major shareholders[200]. Environmental and Social Responsibility - The company has not received any administrative penalties related to environmental issues during the reporting period[126]. - The company is not classified as a key pollutant enterprise, focusing on environmental protection and sustainable development[136]. - The company has actively engaged in social responsibility initiatives, including the "Together to Build Dreams for the Future" charity event in Tibet, providing assistance to local communities[138]. Legal and Compliance - There were no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal standing[148]. - The company has not reported any penalties or corrective actions during the reporting period, reflecting compliance with regulations[149].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,610,906,162.85, representing a 34.43% increase compared to CNY 1,198,341,003.71 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was CNY 93,140,131.64, a decrease of 25.70% from CNY 125,358,659.79 in the previous year[27]. - The net profit after deducting non-recurring gains and losses was CNY 58,761,555.15, down 36.04% from CNY 91,866,260.35 in the same period last year[27]. - The net cash flow from operating activities was CNY 26,677,105.59, a significant decline of 82.17% compared to CNY 149,583,077.13 in the previous year[27]. - The total assets at the end of the reporting period were CNY 3,690,187,960.50, an increase of 9.30% from CNY 3,376,142,629.91 at the end of the previous year[27]. - The net assets attributable to shareholders of the listed company were CNY 2,404,921,823.96, a slight decrease of 0.90% from CNY 2,426,729,873.74 at the end of the previous year[27]. - The basic earnings per share were CNY 0.19, down 26.92% from CNY 0.26 in the same period last year[27]. - The diluted earnings per share were also CNY 0.19, reflecting the same percentage decrease of 26.92% compared to CNY 0.26 in the previous year[27]. - The weighted average return on equity was 3.86%, down 1.26% from 5.12% in the same period last year[27]. Revenue Growth - In the first half of 2021, the company achieved operating revenue of 1.611 billion yuan, a year-on-year increase of 34.43%[39]. - The gross profit for the same period was approximately 355 million yuan, reflecting a year-on-year growth of 12.79%[39]. - The net profit attributable to shareholders was 93.14 million yuan, with significant impacts from increased R&D and sales expenses, which rose by approximately 46.79% and 30.40% respectively[39]. - The company’s subsidiary, JiaLian Payment, processed a transaction volume of approximately 814.14 billion yuan, a year-on-year increase of 40.89%[41]. - JiaLian Payment's revenue for the first half of the year was about 1.04 billion yuan, representing a year-on-year growth of 31.01%[43]. Research and Development - The company plans to continue leveraging its experience and technological advantages in the electronic payment sector to explore new opportunities around AI and big data[39]. - R&D investment accounted for about 8.97% of New Guodu Payment's total revenue, focusing on biometric recognition and digital currency payment technologies[50]. - The company's R&D investment increased by 46.79% to ¥122,528,432.49, driven by higher bonuses for R&D personnel and new product testing expenses[73]. Subsidiary Performance - New Guodu Payment achieved revenue of approximately 517 million yuan, a year-on-year increase of 49.99%, with international market sales reaching about 214 million yuan, growing approximately 113%[50]. - Zhongzheng Intelligent reported revenue of approximately 62.66 million yuan, a year-on-year increase of 49.59%, with significant contributions from fingerprint verification systems in the digital vaccination service in Zhejiang Province[54]. - Gongxin Chengfeng achieved revenue of approximately 38.71 million yuan, a year-on-year increase of 78.44%, while expanding its client base and diversifying its service offerings[56]. Market Expansion and Strategy - The company is actively developing digital RMB "hard wallet" products and has completed preliminary technical adjustments and system tests with banking institutions[57]. - New Guodu Intelligent launched "FaceMagic" and "VidAvatar" in overseas markets, accumulating over 500,000 registered users within two months[62]. - The international market for electronic payment is expected to grow significantly, with a focus on expanding overseas sales channels and providing advanced digital payment solutions[50]. - The company is enhancing its product diversity and business models in smart finance, smart security, and smart governance sectors[54]. Financial Risks and Management - The company faces regulatory risks in the electronic payment industry due to increased scrutiny and compliance requirements, which could impact its operational flexibility[105]. - Financial risks associated with mergers and acquisitions include potential misvaluation of targets and integration challenges, necessitating enhanced financial management and risk control measures[106]. - The company acknowledges the risk of slower-than-expected strategic transformation, which could affect its ability to innovate and maintain profitability[109]. Shareholder and Employee Relations - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased capital through public reserves[121]. - The company emphasizes the protection of shareholder rights and has implemented measures to ensure equal treatment of all shareholders[134]. - The company has implemented a comprehensive employee welfare program, including annual health check-ups and various festive gifts, enhancing employee satisfaction and loyalty[138]. Environmental and Social Responsibility - The company has achieved ISO certifications for occupational health and safety, environmental management, and quality management, ensuring compliance with safety and environmental standards[139]. - The company actively engages in social responsibility initiatives, including educational support for local communities in Tibet through donations of supplies[144]. - The company has established waste management and environmental monitoring programs to reduce pollution and improve overall environmental performance[143]. Legal and Compliance - The company reported a total of 1,049.15 thousand yuan involved in minor lawsuits, with an estimated liability of 39.50 thousand yuan formed[154]. - The company has no significant litigation or arbitration matters during the reporting period[154]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[148].

Financial Performance - The company's operating revenue for Q1 2021 was ¥705,089,911.21, representing a 42.17% increase compared to ¥495,932,215.11 in the same period last year[9]. - Net profit attributable to shareholders was ¥52,995,444.81, up 20.67% from ¥43,916,652.41 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥37,701,672.51, reflecting a 22.10% increase from ¥30,878,837.81 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.11, an increase of 22.22% from ¥0.09 in the previous year[9]. - Operating profit reached CNY 56.18 million, reflecting a year-on-year growth of 17.72%[28]. - The company reported a total comprehensive income of ¥52,785,662.97 for the current period, compared to ¥43,904,176.94 in the previous period, indicating an increase of approximately 20.5%[77]. Cash Flow - The net cash flow from operating activities decreased by 21.87% to ¥80,489,319.79, down from ¥103,022,712.95 in the same period last year[9]. - Cash inflow from operating activities was 835,893,312.58, up from 704,547,388.40 in the previous period, reflecting a growth of approximately 18.6%[85]. - Cash outflow from operating activities totaled 755,403,992.79, compared to 601,524,675.45 in the prior period, representing an increase of about 25.5%[88]. - Cash flow from investment activities showed a net outflow of -362,440,756.90, compared to a net inflow of 200,234,140.25 in the prior period[88]. - The cash and cash equivalents at the end of the period were 1,065,500,772.06, down from 1,246,361,370.65 in the previous period[91]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,623,673,376.28, a 7.33% increase from ¥3,376,142,629.91 at the end of the previous year[9]. - Total liabilities reached CNY 1,144,461,666.02, up from CNY 949,716,641.26, marking a rise of around 20.5%[57]. - Current liabilities rose to CNY 764,111,199.48, compared to CNY 605,947,014.68, indicating an increase of approximately 26.1%[57]. - Owner's equity increased to CNY 2,479,211,710.26 from CNY 2,426,425,988.65, showing a growth of about 2.2%[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,201[13]. - The top shareholder, Liu Xiang, holds 28.20% of the shares, totaling 137,946,987 shares[13]. Research and Development - R&D expenses grew by 44.88% to CNY 58.28 million, mainly due to increased salaries for R&D personnel and new product testing costs[23]. - The company plans to enhance its market share in payment services and promote value-added services like digital currency payment solutions[28]. Strategic Initiatives - The company aims to assist the digital transformation of physical businesses by combining innovative hardware and software products, targeting smart commercial markets[31]. - The company is enhancing its brand assets to improve competitiveness and increase customer loyalty, transitioning from product-driven to brand-driven strategies[32]. - The company is investing in high-end talent to keep pace with market demands and enhance its innovation capabilities in payment technology and services[35]. Risks and Challenges - The company faces regulatory risks due to strict industry supervision, necessitating compliance management and proactive adaptation to new regulations[32]. - Financial risks associated with mergers and acquisitions have increased, requiring improved financial management and risk control measures[35]. - The company acknowledges the risk of strategic transformation delays and is preparing for long-term investments in new business models and technologies[36]. - The company is addressing the challenge of adapting its team to global market demands by recruiting experienced management talent[36]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Gongxin Chengfeng, which specializes in big data technology for data auditing, but faces risks related to customer concentration and reliance on core technical personnel[37]. - The company is acquiring 100% equity in Jialian Payment, which presents various risks including market competition and potential negative impacts on existing payment terminal business[40]. Compliance and Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[47]. - There are no violations of external guarantees reported during the reporting period[46]. - The first quarter report was not audited[109].

Financial Performance - In 2020, the company achieved operating revenue of CNY 263,236.17 million, a year-on-year decrease of 13.06%[6] - The net profit attributable to shareholders was CNY 8,650.39 million, down 64.33% year-on-year; the net profit after deducting non-recurring gains and losses was CNY 3,920.57 million, a decrease of 22.86%[6] - The company recognized goodwill impairment of approximately CNY 10,694.14 million, which significantly impacted net profit; without this impairment, net profit would have been approximately CNY 19,344.53 million[6] - The net cash flow from operating activities reached approximately CNY 34,502.57 million, an increase of 61.33% compared to CNY 21,386.66 million in 2019[6] - The company's operating revenue for 2020 was ¥2,632,361,743.29, a decrease of 13.06% compared to 2019[26] - The net profit attributable to shareholders for 2020 was ¥86,503,945.29, down 64.33% from ¥242,492,982.66 in 2019[26] - The net profit after deducting non-recurring gains and losses was ¥39,205,726.66, a decrease of 22.86% compared to the previous year[26] - The net cash flow from operating activities increased by 61.33% to ¥345,025,710.66 in 2020[26] - The basic earnings per share for 2020 was ¥0.180, a decline of 64.71% from ¥0.510 in 2019[26] - The total assets at the end of 2020 were ¥3,376,142,629.91, showing a slight increase of 0.10% from the previous year[26] Revenue and Market Trends - The company processed a total transaction volume of approximately CNY 12.2 trillion, representing a year-on-year growth of 12.78%[56] - Electronic payment revenue fell by 21.21% to ¥915,385,334.35, accounting for 34.77% of total revenue[68] - Domestic revenue decreased by 16.71% to ¥2,345,719,071.00, representing 89.11% of total revenue[68] - The revenue from the acquiring business was ¥1,560,455,675.94, a decrease of 3.06% year-over-year[68] - The revenue from overseas markets increased by 35.49% to ¥286,642,672.29, accounting for 10.89% of total revenue[68] - The revenue from biometric products decreased by 14.67% to ¥98,889,641.85, representing 3.76% of total revenue[68] - The company’s revenue from biometric products and identity verification services is expected to grow as digital payment infrastructure continues to evolve[41] Expenses and Cost Management - Sales and management expenses decreased by approximately CNY 2,956.97 million, a year-on-year decline of about 8.22%[9] - Research and development expenses amounted to CNY 68.78 million, accounting for 8.33% of the subsidiary's total revenue[58] - The company reported a significant non-recurring loss from the disposal of non-current assets amounting to -¥680,106.84 in 2020[32] - The total revenue from investment activities decreased by 56.77% to ¥486,869,311.30 compared to the previous year[86] Cash Flow and Financial Health - The company's cash and cash equivalents increased by 35.13% compared to the beginning of the year, attributed to improved cash management and timely collection of receivables[43] - Operating cash flow net amount increased by 61.33% to ¥345,025,710.66 compared to the previous year[86] - The net increase in cash and cash equivalents was ¥374,858,199.78, a 243.08% increase year-on-year[89] - The company reported a significant decrease in financial expenses, with a reduction of 111.27% due to decreased borrowing interest[81] Strategic Initiatives and Future Plans - The company plans to continue exploring new business models and leveraging technology to seize market opportunities[9] - The company aims to leverage big data and AI technologies to enhance user profiling and risk management capabilities in its audit services[44] - The company is focused on expanding its market presence through innovative payment solutions and enhancing its service capabilities to meet evolving customer needs[50] - The company plans to issue non-public A-shares to raise up to 1.15 billion yuan for working capital, but later decided to terminate this issuance due to changes in refinancing policies[64] - The company aims to enhance its brand assets and competitiveness by transitioning from product-driven to brand-driven strategies, which will improve employee cohesion and customer loyalty, ultimately leading to higher profitability[135] Risk Management - The company has highlighted risks including regulatory and industry risks, financial risks from mergers and acquisitions, and potential operational risks from new ventures[10] - The company faces regulatory risks due to stringent industry regulations affecting electronic payment services, necessitating compliance and proactive adaptation to new policies[138] - Financial risks associated with mergers and acquisitions have increased, requiring enhanced financial management and due diligence to mitigate valuation and integration risks[138] - The company acknowledges the risk of slower-than-expected strategic transformation and is preparing for long-term resource allocation to support new business development[139] Shareholder Returns and Dividends - The profit distribution plan approved by the board is to distribute CNY 2.5 per 10 shares (including tax) to all shareholders[10] - The company plans to distribute a cash dividend of RMB 2.5 per 10 shares, totaling RMB 122,299,319.50, which represents 100% of the profit distribution amount[147] - The cash dividend policy has been approved by the board and aligns with the company's articles of association and shareholder resolutions[148] - The company has consistently increased its cash dividends over the past three years, with a total cash dividend of 167,196,461.82 CNY in 2019, including other forms of distribution[154] Compliance and Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[168] - The company did not experience any significant changes in the integrity status of its controlling shareholders during the reporting period[183] - The company has not faced any non-standard audit reports during the reporting period[168] - The company has implemented measures to reduce risks associated with the acquisition of Gongxin Chengfeng, including appointing directors and management personnel[142]

1 证券代码：300130 证券简称：新国都 公告编号：2020-139 深圳市新国都股份有限公司 关于参加 2020 年度深圳辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市新国都股份有限公司（以下 简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办 的"诚实守信，做受尊重的上市公司"——2020 深圳辖区上市公司投资者网上 集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2020 年 12 月 8 日 9:00 至 17:00，其中，当日 15:30 至 17:00 为公司与投资 者网上互动环节，届时公司董事长兼总经理刘祥先生、财务总监兼董事会秘书郭 桥易先生将通过网络文字交流形式与投资者进行沟通。 欢迎广大投资者积极参 ...

Financial Performance - Operating revenue for the reporting period was ¥635,933,962.32, a decrease of 38.01% year-on-year[9] - Net profit attributable to shareholders was ¥42,296,144.20, down 74.12% compared to the same period last year[9] - Basic earnings per share were ¥0.09, a decrease of 73.53% compared to the same period last year[9] - The company reported a net profit attributable to shareholders of ¥167,654,803.99 for the year-to-date, a decrease of 45.05% compared to the same period last year[9] - Total operating revenue for the current period is ¥635,933,962.32, a decrease of 37.9% from ¥1,025,915,861.52 in the previous period[60] - Operating profit for the current period is ¥54,315,949.91, a decline of 68.7% compared to ¥173,274,378.23 in the previous period[66] - Net profit for the current period is ¥40,729,282.32, a decrease of 75.1% from ¥163,960,123.77 in the previous period[66] - The net profit for the current period is ¥166,224,566.97, compared to ¥305,832,078.21 in the previous period, indicating a decline of 45.4%[80] - The comprehensive income total for the current period is ¥165,957,279.35, compared to ¥306,603,318.67 in the previous period, a decrease of 45.9%[84] - The company reported a total comprehensive income of ¥40,461,994.70, significantly lower than ¥164,633,611.34 in the previous period[70] Cash Flow - The net cash flow from operating activities was ¥15,736,318.84, a decline of 84.39% year-on-year[9] - The company reported a net cash flow from operating activities of CNY 165,319,395.97, an increase of 68.69% compared to CNY 98,002,775.80 in the same period last year[26] - The net cash flow from investing activities decreased by 50.41% to CNY 158,628,264.79 from CNY 319,911,353.14 year-on-year[26] - The net cash flow from financing activities improved by 84.49%, amounting to CNY -166,303,050.39 compared to CNY -1,072,276,512.88 in the previous year[26] - The net increase in cash and cash equivalents was CNY 155,892,412.00, a significant improvement of 123.94% from CNY -651,090,569.60[26] - Cash flow from operating activities for the current period is 165,319,395.97, an increase from 98,002,775.80 in the previous period, showing a growth of about 68.4%[94] - Cash flow from investing activities shows a net inflow of 158,628,264.79, down from 319,911,353.14 in the previous period, indicating a decrease of approximately 50.5%[96] - Cash flow from financing activities has a net outflow of -166,303,050.39, compared to a larger outflow of -1,072,276,512.88 in the previous period, showing an improvement[96] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,439,866,731.41, an increase of 1.99% compared to the end of the previous year[9] - The company's total assets as of September 30, 2020, amounted to CNY 2,334,022,415.38, compared to CNY 2,256,191,826.41 at the same time last year[42] - Total liabilities increased from ¥919,549,232.16 to ¥932,727,704.46, an increase of approximately 1.8%[48] - Current liabilities totaled ¥579,251,074.49, slightly up from ¥562,423,431.49, indicating a growth of about 3.1%[48] - Non-current liabilities totaled ¥353,476,629.97, down from ¥357,125,800.67, a decrease of approximately 1.5%[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,035[13] - Liu Xiang, a natural person, holds 28.20% of the shares, totaling 137,946,987 shares[13] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[16] Expenses - Research and development expenses increased to ¥51,047,177.80, up 6.5% from ¥47,950,577.62 in the previous period[63] - The company experienced a decrease in sales expenses, which are reported at ¥104,474,579.82, compared to ¥116,416,977.18 in the previous period, a reduction of 10.5%[78] - The tax expenses for the current period are ¥12,182,795.70, down from ¥22,395,812.75 in the previous period, reflecting a decrease of 45.4%[80] Investments - Investment income dropped by 103.89%, mainly due to reduced returns from financial investments[23] - The company reported a loss of ¥1,918,299.39 from investment income, contrasting with a gain of ¥49,350,546.86 in the previous period[80] Other Financial Metrics - The weighted average return on equity was 1.74%, down 5.29% year-on-year[9] - The company’s minority shareholders' profit and loss showed a significant decline of 291.94%, resulting in a loss of CNY -1,430,237.02 compared to a profit of CNY 745,159.56 last year[26] - The company's capital reserve increased from ¥1,052,842,957.95 to ¥1,061,686,823.00, reflecting a growth of about 0.9%[48]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥1,198,341,003.71, a decrease of 12.92% compared to ¥1,376,098,812.16 in the same period last year[43]. - The net profit attributable to shareholders for the first half of 2020 was ¥125,358,659.79, down 11.49% from ¥141,627,598.28 year-on-year[43]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥91,866,260.35, a decline of 23.63% compared to ¥120,295,407.44 in the previous year[43]. - The net cash flow from operating activities was ¥149,583,077.13, a significant increase of 5,490.47% from -¥2,774,955.48 in the same period last year[43]. - The basic earnings per share for the first half of 2020 was ¥0.26, down 13.33% from ¥0.30 in the previous year[43]. - The diluted earnings per share was also ¥0.26, reflecting a 13.33% decrease compared to ¥0.30 in the same period last year[43]. - The weighted average return on net assets was 5.12%, down 1.22% from 6.34% in the previous year[43]. - The company's gross profit margin for the payment services segment was 19.39%, with a slight increase of 1.05% year-on-year[85]. - The electronic payment products segment saw a revenue decline of 21.74%, with a gross profit margin of 32.74%[85]. Risk Management - The company has faced financial risks associated with mergers and acquisitions, including valuation misjudgments and integration challenges, which require enhanced financial management and risk control[11]. - The company acknowledges the risk of slower-than-expected strategic transformation, emphasizing the need for sustained investment in emerging business areas to enhance profitability[15]. - The company is actively managing risks associated with the acquisition of 100% equity in Jialian Payment, including market competition and integration challenges[21]. - The acquisition of 100% equity in Gongxin Chengfeng poses risks related to high client concentration and reliance on core technical personnel, necessitating proactive management strategies[20]. - The company faces regulatory risks in the electronic payment industry due to increased scrutiny and compliance requirements, which could impact its operations[122]. - Financial risks associated with mergers and acquisitions include valuation mispricing and integration challenges, necessitating enhanced financial management and risk control[126]. Business Development and Strategy - The company is actively exploring innovations in mobile internet-based products and services, but faces risks related to market demand and the speed of technological advancements[12]. - The company is investing in high-end talent and increasing R&D in emerging technologies to keep pace with market demands and mitigate risks related to product and service innovation[127]. - The company is actively expanding into overseas markets, leveraging its domestic payment services to capture international trade opportunities, which is increasingly contributing to overall revenue and profit[135]. - The company is focusing on developing biometric payment solutions, with fingerprint recognition becoming a widely accepted security method in financial transactions[77]. - The company is in the process of a non-public stock issuance, which is subject to approval by the Shenzhen Stock Exchange and the China Securities Regulatory Commission, with associated risks of dilution of immediate returns[139]. Investments and Acquisitions - The company has invested 50 million yuan to participate in the establishment of a mutual life insurance company, with a 5% stake in its initial operating capital, facing potential regulatory risks[17]. - The company established Shenzhen Xinguodu Intelligent Co., Ltd. to enhance its technological capabilities and core competitiveness, aligning with its long-term strategic development[121]. - The company received a total of RMB 445.99 million from the sale of 96.32% equity in Suzhou New Guodu, accounting for 90% of the total transfer price[112]. - The company completed the transfer of 72% equity in Jinfu Technology, with the transaction approved by the shareholders' meeting[113]. - The company received a total of 24.8 million yuan from Jianghan and 16 million yuan from Xiong Teng Yu Fu as part of the equity transfer payment, with remaining payments of 8.25 million yuan and 891,000 yuan due by December 2022[115]. Operational Efficiency - The company is optimizing its talent structure to address management challenges, particularly in overseas market expansion, to ensure effective risk identification and mitigation[16]. - The company plans to continue recruiting and training professionals to optimize its organizational structure and improve management efficiency[64]. - The company focuses on integrating various business resources to optimize core resource allocation while controlling production costs and product quality[62]. - The company has developed a service management and risk control management platform to improve service efficiency and ensure stable growth in value-added service revenue[62]. Market Performance - The company processed a transaction volume of approximately 577.86 billion yuan through its payment service, representing a year-on-year growth of 27.5%[72]. - The overseas business revenue reached approximately 122.63 million yuan, showing a year-on-year increase of 13.46%[76]. - In the second quarter, the company reported operating revenue of 702.41 million yuan, nearly flat compared to the same period last year, indicating recovery from the pandemic's impact[71]. Shareholder and Corporate Governance - The company’s board of directors and supervisory board were re-elected in May 2020, with new senior management appointed[184]. - The company’s limited shares decreased by 7,749,361 due to changes in executive positions and share reductions in 2019[195]. - The company’s unrestricted shares increased by 8,210,525 due to stock option exercises and share purchases by executives[196]. - The company approved the second exercise period of the 2017 stock option incentive plan, allowing exercise from May 15, 2019, to May 14, 2020[197]. - The company approved the first exercise period of the 2018 stock option incentive plan, allowing exercise from May 11, 2019, to May 10, 2020[197].

Financial Performance - Total revenue for Q1 2020 was ¥495,932,215.11, a decrease of 23.60% compared to ¥649,144,694.98 in the same period last year[9] - Net profit attributable to shareholders was ¥43,916,652.41, down 27.29% from ¥60,403,760.65 year-on-year[9] - Net profit excluding non-recurring gains and losses was ¥30,878,837.81, a decline of 38.07% from ¥49,863,605.49 in the previous year[9] - Basic and diluted earnings per share were both ¥0.09, down 30.77% from ¥0.130 in the previous year[9] - Operating profit was CNY 47.73 million, down 29.28% year-on-year[28] - Total profit amounted to CNY 47.49 million, reflecting a 29.56% decline compared to the previous year[28] - Net profit for the quarter was CNY 43,510,882.21, a decline of 28.3% from CNY 60,643,314.69 in the same period last year[85] - The company's net profit for the first quarter of 2020 is not explicitly stated, but the report indicates no significant changes in profit guidance compared to the previous year[58] Cash Flow and Liquidity - Net cash flow from operating activities increased significantly to ¥103,022,712.95, compared to a negative cash flow of ¥4,011,196.97 in the same period last year, representing a 2,668.38% increase[9] - The company reported a significant increase in cash flow from operations, indicating improved operational efficiency despite the decline in revenue and profit[9] - The cash inflow from investment activities for the current period is CNY 400,604,709.36, compared to CNY 241,214,454.12 in the previous period, indicating increased investment activity[99] - The cash outflow from investment activities is CNY 200,370,569.11, down from CNY 326,035,381.19 in the previous period, showing a decrease in capital expenditures[99] - The net cash flow from financing activities was -44,345,008.10, indicating a significant outflow compared to the previous period's inflow of 494,134.50[102] - The net increase in cash and cash equivalents for the period was 260,280,109.78, contrasting with a decrease of 89,021,782.85 in the prior period[102] - The total cash and cash equivalents at the end of the period reached 1,246,361,370.65, up from 1,159,058,169.63 in the previous period[102] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,314,617,823.86, a decrease of 1.72% from ¥3,372,698,478.14 at the end of the previous year[9] - Accounts receivable decreased by 63.97% to CNY 33.99 million due to the expiration of acceptance bills during the reporting period[23] - Other receivables dropped by 69.59% to CNY 80.49 million, primarily due to the receipt of equity transfer payments[23] - Inventory increased by 48.08% to CNY 237.39 million, attributed to increased stockpiling during the reporting period[23] - Short-term borrowings were fully repaid, resulting in a 100% decrease to CNY 0[23] - Total current liabilities decreased to CNY 456,872,899.85 from CNY 562,423,431.49, a reduction of about 18.7%[69] - The company's total liabilities decreased to CNY 812,376,791.46 from CNY 919,549,232.16, a decline of approximately 11.6%[69] - The total equity attributable to shareholders increased to CNY 2,501,556,555.01 from CNY 2,452,058,998.39, reflecting a growth of about 2.0%[72] Strategic Focus and Investments - The company is focusing on strategic investments in blockchain technology, AI recognition, and 5G communication modules to enhance its market position[27] - The company is focusing on integrating new technologies such as AI, IoT, big data, and blockchain to enhance its payment service operations and develop innovative products and services[31] - The company aims to support the digital transformation of physical businesses by combining software and hardware solutions, leveraging its electronic payment services and core resources[32] - The company plans to expand its hardware and payment service markets internationally, enhancing brand recognition and optimizing revenue structure while reducing regional risks[33] - The company is enhancing its brand management to transition from product-driven to brand-driven strategies, which is expected to improve customer loyalty and profitability[35] - The company is investing in high-end talent and R&D to keep pace with market demands and technological advancements in the electronic payment industry[40] Risks and Challenges - The impact of the COVID-19 pandemic led to delays and cancellations of overseas orders, affecting business operations[28] - The COVID-19 pandemic has impacted the company's supply chain and production, but operations are returning to normal while ensuring safety measures[35] - The company faces regulatory risks in the electronic payment sector due to increased scrutiny and compliance requirements, and it is adapting its management practices accordingly[36] - Financial risks associated with mergers and acquisitions have increased, necessitating stricter financial management and risk control measures[37] - The company acknowledges the risk of slower-than-expected strategic transformation and is preparing for long-term resource allocation to support new business models[41] - The company plans to focus on new businesses, services, technologies, and overseas markets, but faces risks due to insufficient management experience in these areas[42] - The acquisition of 100% equity in Gongxin Chengfeng poses risks related to high customer concentration and reliance on core technical personnel, despite successful performance during the earn-out period[46] - The acquisition of 100% equity in Jialian Payment carries risks including market competition, business integration, and potential talent loss, with plans for post-merger integration management[47]

Financial Performance - The company's operating revenue for 2019 was CNY 3,027,887,474.72, representing a 30.55% increase compared to CNY 2,319,327,318.57 in 2018[40]. - The net profit attributable to shareholders for 2019 was CNY 242,492,982.66, a decrease of 2.17% from CNY 247,879,868.58 in 2018[40]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 50,823,388.55, down 72.92% from CNY 187,693,484.59 in 2018[40]. - The net cash flow from operating activities for 2019 was CNY 213,866,615.03, a decline of 25.04% compared to CNY 285,300,644.37 in 2018[40]. - The total assets at the end of 2019 were CNY 3,372,698,478.14, a decrease of 18.93% from CNY 4,160,400,580.37 at the end of 2018[40]. - The net assets attributable to shareholders at the end of 2019 were CNY 2,452,058,998.39, an increase of 16.81% from CNY 2,099,149,347.05 at the end of 2018[40]. - The basic earnings per share for 2019 were CNY 0.51, a slight decrease of 1.92% from CNY 0.52 in 2018[40]. - The diluted earnings per share for 2019 were also CNY 0.51, reflecting the same decrease of 1.92% from CNY 0.52 in 2018[40]. - The weighted average return on equity for 2019 was 10.77%, down from 11.92% in 2018[40]. - Total revenue for the year was approximately 3.03 billion CNY, with quarterly revenues of 649.14 million CNY, 726.95 million CNY, 1.03 billion CNY, and 625.87 million CNY respectively[42]. - Net profit attributable to shareholders was 60.40 million CNY in Q1, 81.22 million CNY in Q2, 163.46 million CNY in Q3, and a loss of 62.59 million CNY in Q4[42]. - The net profit excluding non-recurring gains and losses was 49.86 million CNY in Q1, 70.43 million CNY in Q2, 116.73 million CNY in Q3, and a loss of 186.20 million CNY in Q4[45]. - The net cash flow from operating activities was -4.01 million CNY in Q1, 1.24 million CNY in Q2, 100.78 million CNY in Q3, and 115.86 million CNY in Q4[45]. Investment and Acquisitions - The company has engaged in mergers and acquisitions to enhance its technology and market reach, which has increased financial pressure and risk management requirements[10]. - The acquisition of 100% equity in Gongxin Chengfeng poses risks related to client concentration and reliance on key personnel, despite successful performance in recent years[17]. - The acquisition of 100% equity in Jialian Payment carries risks including market competition and integration challenges, with a focus on enhancing post-merger management[18]. - The company has invested 50 million yuan to participate in the establishment of a mutual life insurance company, with a 5% stake in its initial operating capital[16]. - The company is actively exploring innovations in mobile internet-based products and services, aiming to keep pace with rapid industry changes and market demands[11]. - The company is focusing on new business incubations, including unmanned retail and overseas payment services, which are currently under development[97]. - The company is actively engaging in discussions regarding potential mergers and acquisitions to strengthen its market position[196]. Risk Management - The company reported a significant increase in electronic payment services, with a focus on compliance and risk management due to stringent industry regulations[9]. - The company acknowledges the risk of slower-than-expected strategic transformation and is preparing for long-term investments in emerging business areas[12]. - The company plans to actively manage debt levels and improve liquidity in response to uncertainties brought by the pandemic[19]. - The company aims to improve merchant profitability by leveraging payment data for customer management and marketing services[63]. - The company’s risk control system has a monitoring coverage rate of 96% for mainstream fraud methods, maintaining a fraud loss rate of one in a million[80]. - The company’s wind control system can execute real-time rules within 1 second, ensuring effective fraud management[80]. Technology and Innovation - The company is focusing on integrating biometric recognition, big data, and artificial intelligence into its electronic payment services to enhance profitability[111]. - The company has developed a payment service system capable of processing 10,000 transactions per second (TPS) with a high-risk interception time of under 100 milliseconds[80]. - The company has increased investment in smart POS terminals and integrated payment devices to meet diverse market demands[67]. - The company plans to enhance its data service capabilities by leveraging big data and AI technologies to improve user profiling and risk management[69]. - The company launched new smart POS terminal products N5 and G21, which support various payment methods including popular mobile payment options[102]. - The company has established a partnership with a consulting firm to improve its investment evaluation processes[199]. Market Trends and Customer Engagement - The electronic payment industry is expected to remain active, with opportunities for development and innovation driven by advancements in biometric recognition and artificial intelligence technologies[62]. - The mobile payment transaction volume reached 1,014.31 billion transactions, with a total amount of 347.11 trillion CNY, reflecting a year-on-year growth of 67.57% in volume and 25.13% in amount[61]. - As of the end of 2019, the number of active bank cards in China reached 8.419 billion, a year-on-year increase of 10.82%[64]. - In 2019, the total number of bank card transactions was 321.989 billion, with a transaction amount of 88.639 trillion yuan, representing year-on-year growth of 53.07% and 2.82% respectively[64]. - The most commonly used mobile payment methods in 2019 were Alipay (90.7%), WeChat Pay (87.3%), and UnionPay QuickPass (79.7%)[68]. - The company aims to strengthen its management team and optimize its organizational structure to meet strategic transformation needs[77]. Financial Strategy and Capital Management - The company plans to lower management costs and fixed expenses by disposing of equity in subsidiaries that are in a vacant state[196]. - The company has taken measures to ensure that the financial pressures from technology investments do not affect its normal operations[191]. - The company is committed to long-term development and maintaining its competitive edge in the market[196]. - The company completed a private placement of bonds totaling RMB 300 million with a coupon rate of 5.00%[110]. - The company has initiated a share buyback plan, repurchasing 3,526,268 shares to enhance shareholder value[113]. - The company reported a goodwill impairment provision of 147.94 million yuan for the year 2019 due to underperformance of the acquired Gongxin Chengfeng[159].