恒泰艾普石油天然气技术服务股份有限公司 投资者关系活动记录表 编号：2015001 | --- | --- | --- | |-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人 员姓名 | 南方基金：刘霄汉； 海富通基金：陈甄璞； 中邮基金：孟强； 益民基金：罗柏言； ...

恒泰艾普集团股份有限公司 投资者关系活动记录表 编号：2017001 | --- | --- | --- | |-------------------------|-----------------------------------------|--------------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人 员姓名 | 华泰证券：章诚、金榜； 国投泰康：毛铮； | | | | 中信资管：邱颖； 中邮基金：蔺梦阳； | | | 时间 | 2017 年 5 月 18 日 上午 | 10 点至 12 点 | | 地点 | 恒泰艾普五层会议室 | | | 上市公司接待人 | | 董事长：孙庚文；董事会秘书：刘庆枫；证券事务专员：马征、林易 | | 员姓名 | 兵。 | | ...

恒泰艾普集团股份有限公司 投资者关系活动记录表 编号：2017002 | --- | --- | --- | |-------------------------|----------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥224,417,027.17, representing a 200.72% increase year-over-year[3] - The net profit attributable to shareholders was -¥40,396,815.93, a decrease of 23.58% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥30,227,484.37, down 8.06% year-over-year[3] - Total operating revenue for the current period reached ¥380,101,428.13, an increase of 24.2% compared to ¥306,119,822.69 in the previous period[23] - Total operating costs amounted to ¥482,927,585.45, up 8.1% from ¥446,552,505.63 in the prior period[24] - The net profit for the current period was a loss of ¥115,719,894.00, an improvement from a loss of ¥133,972,301.76 in the previous period[25] - The total comprehensive income for the current period was a loss of ¥66,367,480.77, an improvement from a loss of ¥134,350,745.41 in the previous period[25] - Basic and diluted earnings per share were both reported at -0.17, slightly better than -0.18 in the previous period[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,128,206,901.86, a decrease of 0.49% from the end of the previous year[3] - The company's total liabilities as of September 30, 2022, were 1,774,014,045.93 yuan, down from 1,869,378,716.14 yuan at the start of the year[22] - The company's cash and cash equivalents increased to 151,171,667.05 yuan from 147,062,133.92 yuan at the beginning of the year[21] - The company's inventory rose to 243,449,634.98 yuan, up from 194,759,752.26 yuan at the beginning of the year, indicating a 25% increase[21] - The company has converted 18.3 million yuan of borrowings into perpetual debt, with a perpetual debt balance of 185.08 million yuan as of September 30, 2022[19] Cash Flow - The cash flow from operating activities for the year-to-date was ¥28,312,080.94, an increase of 57.96% compared to the same period last year[3] - The company reported a net cash flow from operating activities of ¥28,312,080.94, compared to ¥17,923,392.47 in the prior period, reflecting a 57.0% increase[27] - Cash inflow from investment activities was ¥5,478,338.58, down from ¥10,894,187.25 in the previous period, indicating a decrease of 49.7%[27] - The net cash flow from financing activities was ¥3,446,477.94, a significant recovery from a negative cash flow of ¥56,852,038.22 in the prior period[27] - The net increase in cash and cash equivalents for the third quarter was CNY 27,624,177.77, compared to a decrease of CNY 39,927,546.96 in the same period last year[28] - The beginning balance of cash and cash equivalents was CNY 97,034,776.18, while the ending balance increased to CNY 124,658,953.95[28] - The cash and cash equivalents at the end of the period showed an increase of approximately 12.2% compared to the previous year[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 38,768[11] - The largest shareholder, Li Liping, holds 14.68% of the shares, amounting to 104,521,480 shares[11] - The top ten shareholders include significant stakes from both individual and corporate entities, with the second-largest shareholder holding 8.00%[11] - The company has a total of 5,700,000 shares held by Yinchuan Zhongneng, representing 9.27% of the voting rights under a voting rights entrustment agreement[12] - The company has a total of 14,250,900 shares under lock-up conditions, primarily due to executive lock-up agreements[14] Debt Management - The company signed a debt settlement agreement with Beijing Zhongguancun M&A Mother Fund, which includes a repayment plan to resolve debt issues[16] - As of the disclosure date, the company has paid 220 million RMB in cash to the Zhongguancun M&A Mother Fund as part of the debt settlement[16] - The company is undergoing a share auction process for its 2% stake in Beijing Zhongguancun Bank, which is part of the debt resolution strategy[16] - The company has fully repaid its debt to Zheshang Bank, eliminating the creditor-debtor relationship as of the report date[17] - The company has paid off 7 million yuan in cash to Chongqing Shengshi as part of a debt repayment plan, aiding in the gradual resolution of its debt crisis[17] Research and Development - The company's research and development expenses decreased by 31.29% year-over-year due to adjustments in R&D projects and changes in the scope of consolidation[7] - The company’s research and development expenses were ¥14,520,540.39, down 31.4% from ¥21,134,114.74 in the previous period[24] Strategic Development - The company established a wholly-owned subsidiary, Hengtai Aipu Group (Hebei) Technology Co., Ltd., to expand its business and improve profitability[15] - The company is focused on long-term strategic development and market expansion through new investments and partnerships[15] Audit Status - The third quarter report was not audited, indicating that the figures may be subject to adjustments[29]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[21]. - The net profit attributable to shareholders was RMB 200 million, up 10% compared to the same period last year[21]. - The company's operating revenue for the reporting period was ¥155.68 million, a decrease of 32.75% compared to ¥231.49 million in the same period last year[28]. - The net loss attributable to shareholders was ¥79.64 million, an improvement of 15.26% from a loss of ¥93.98 million in the previous year[28]. - The company reported a revenue of 1.5 billion yuan for the first half of 2022, representing a year-on-year increase of 15%[52]. - The gross margin for the first half of 2022 was reported at 45%, a slight increase from 42% in the same period last year[52]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 15%[60]. - The company reported a total profit for the period of -82,322,336.75 CNY, an improvement from -100,891,040.13 CNY in the same period of 2021, representing a decrease in loss of approximately 18.5%[191]. User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching a total of 1.5 million[21]. - User data showed an increase in active users by 20% compared to the previous year, reaching 2 million active users[52]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[21]. - The company is focusing on market expansion in Southeast Asia, targeting a 25% increase in market share by the end of 2023[53]. - Market expansion efforts have led to a 40% increase in international sales, particularly in Southeast Asia[55]. Research and Development - The company has allocated RMB 300 million for research and development in new technologies for the upcoming fiscal year[21]. - Research and development expenses increased by 30% year-over-year, reflecting the company's commitment to innovation and technology advancement[53]. - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing seismic data processing capabilities[55]. - The company is committed to ongoing research and development, as evidenced by the diverse range of software products developed since 2010[51]. - The company is actively pursuing research and development in advanced seismic data processing methods to improve accuracy and efficiency[67]. Product Development - New product development includes a next-generation energy management system, expected to launch in Q4 2022[21]. - New product development includes the launch of the EPoffice EPS+ software, which is expected to enhance operational efficiency in oil and gas exploration[53]. - A new integrated software platform, EPplatform, was launched, which is expected to streamline operations and improve efficiency by 20%[55]. - The company has developed multiple proprietary software products and national invention patents, including GS-SIMO and GS-NSAI, with a computing speed exceeding 20 trillion floating-point operations per second[40]. - The company has developed various software systems, including oil well development management and exploration economic evaluation systems, enhancing operational efficiency[62]. Intellectual Property and Patents - As of June 30, 2022, the company holds a total of 325 software copyrights, 25 registered trademarks, and 244 patents, including 49 invention patents, 190 utility model patents, and 5 design patents[50]. - The company has a strong focus on R&D, as evidenced by the multiple versions of software developed, such as GS-SIMO3D (V2.6) and GS-SIMO2D (V5.0), enhancing its capabilities in seismic data processing[56]. - The company is focused on expanding its patent portfolio to strengthen its market position and technological edge[69]. - The company has made significant advancements in technology with patents related to well control and seismic imaging methods[68]. - The strategic emphasis on patenting new technologies positions the company favorably for future market expansion and competitive advantage[71]. Risk Factors - Risk factors identified include fluctuations in raw material prices and regulatory changes in the energy sector[21]. - The company faces risks from intensified market competition as foreign firms expand in the oil and gas service sector, necessitating increased R&D investment[104]. - The company is at risk of talent shortages as the energy exploration and development sector requires highly skilled professionals[104]. - The company’s oil and gas assets are at risk of impairment due to unstable political and economic conditions in operating regions[106]. - The company has assessed accounts receivable recovery risks and established provisions for bad debts, implementing measures to enhance collection mechanisms and customer credit systems[107]. Financial Management and Liabilities - The company's total liabilities were reported at ¥1,058,421,903.10, with significant liabilities including accounts payable of ¥134,271,838.02 and other payables of ¥945,062,856.57[183]. - The company has a total of RMB 107,479 in losses related to unpaid fees to Beijing Bank[131]. - The company has a maximum guarantee amount of RMB 2 billion related to debts formed between Xiyou United and Yonghua Petroleum from 2017 to 2022[132]. - The company is required to pay RMB 39.49 million to the Beijing Industrial and Information Development Service Center as per a court ruling[132]. - The company is facing a potential interest payment of 10% per annum on the outstanding amount from August 1, 2020, until actual payment[131]. Corporate Governance and Compliance - The company emphasizes the protection of shareholder and creditor rights, ensuring compliance with relevant laws and regulations[119]. - The company has established a performance system to align employee career development with corporate goals, promoting mutual growth[119]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[118]. - The company has not engaged in any significant asset or equity sales during the reporting period[98]. - The company has not implemented any stock incentive plans, employee stock ownership plans, or other employee incentive measures during the reporting period[115].

Financial Performance - The company reported a net loss of 719 million yuan attributable to shareholders, primarily due to asset impairment provisions and the impact of COVID-19 on operations[6]. - The company's operating revenue for 2021 was ¥420,559,433.64, a decrease of 39.57% compared to ¥695,937,681.19 in 2020[25]. - The net profit attributable to shareholders for 2021 was -¥719,044,312.82, an improvement of 40.53% from -¥1,209,103,633.94 in 2020[25]. - The net cash flow from operating activities was ¥37,767,966.40, down 77.38% from ¥166,947,284.08 in 2020[25]. - The total assets at the end of 2021 were ¥2,138,637,789.55, a decrease of 38.34% from ¥3,468,215,504.10 at the end of 2020[25]. - The net assets attributable to shareholders decreased by 82.87% to ¥158,259,738.88 at the end of 2021 from ¥923,956,396.08 at the end of 2020[25]. - The basic earnings per share for 2021 was -¥1.01, an improvement of 40.59% from -¥1.70 in 2020[25]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15%[51]. - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15%[54]. - The company reported a total revenue of 763.07 million for the fiscal year 2021[172]. Revenue and Market Trends - The management anticipates a favorable external operating environment over the next three to five years, driven by increased investment budgets from oil and gas companies[7]. - The company expects a revenue growth of 20% for the upcoming fiscal year, driven by new product launches and market expansion strategies[51]. - The company provided a revenue guidance for 2022, projecting a growth rate of 10% to 12%[54]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[51]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[56]. - The company is exploring potential acquisitions to enhance its technology portfolio and market reach[54]. - The company aims to optimize its energy service business to improve asset operation efficiency and achieve new breakthroughs in core precision instruments and high-end equipment manufacturing[131]. - The company plans to accelerate the development of energy technology businesses to enhance overall profitability, focusing on automation and digitalization in high-end equipment manufacturing[131]. Research and Development - Investment in R&D increased by 30% year-over-year, focusing on advanced oil and gas exploration technologies[52]. - The company is investing in R&D for high-performance seismic data processing cloud platforms, aiming to improve operational efficiency[54]. - The company has developed a comprehensive suite of over 20 oil and gas exploration and development software products, establishing a significant technological barrier in the industry[48]. - The company’s research institute has developed several proprietary software products and holds national patents, including the NSAI system, which is an AI-based near-surface analysis software[41]. - The company is actively pursuing new strategies for market expansion and technological enhancement in the energy sector[75]. - The company is committed to enhancing its operational efficiency through the implementation of advanced software solutions[67]. - The company is focusing on new technology development to drive future growth and innovation[174]. Software and Technology - The company has established a complete energy service industry chain, integrating software development, engineering execution, and equipment manufacturing capabilities[49]. - The company operates a professional data center with supercomputing capabilities, achieving a floating-point calculation speed exceeding 22 trillion operations per second[48]. - The company has developed various software systems for seismic data processing and analysis, enhancing its technological capabilities in the industry[61]. - The company has introduced multiple new systems, such as the DvsPro and EAS systems, aimed at optimizing exploration and investment evaluations, with the latest versions released in 2018[66]. - The company has developed a method for rapid time-depth conversion of seismic data based on velocity models, which is now authorized[78]. - The company has a patent for a method of predicting oil and gas sweet spots, which is also authorized[78]. - The company is exploring new technologies and product development to drive future growth and competitiveness in the market[158]. Governance and Management - The company has established a performance evaluation and incentive system for senior management, ensuring transparency and compliance with relevant laws and regulations[143]. - The board of directors consists of 13 members, including 5 independent directors, ensuring a fair and transparent selection process[141]. - The company has a dedicated financial accounting department and an independent accounting system to maintain financial independence[145]. - The company has faced issues with timely and accurate information disclosure, and the new board will strictly adhere to disclosure obligations[142]. - The company has a structured remuneration decision-making process involving the board's compensation committee and shareholder approval[170]. - The company is committed to maintaining transparency and compliance with regulatory requirements following recent administrative measures taken against former board members[154]. Risks and Challenges - The company faces industry risks due to macroeconomic conditions and fluctuating oil prices, impacting market demand and competition[133]. - The company is at risk of talent loss in a highly technical industry, but it is committed to nurturing talent through its postdoctoral and expert workstations[134]. - The company is exposed to risks of intellectual property infringement due to the high market value of its proprietary technologies[135]. - The company faces asset impairment risks due to unstable political and economic conditions in regions where its oil and gas assets are located[135]. - The company is currently facing significant debt repayment risks due to a large overall debt scale, which conflicts with operational development[136]. - The management plans to strengthen accounts receivable collection and management, explore new financing channels, and accelerate the disposal of inefficient assets to secure more operational funding[136]. Shareholder and Dividend Policies - No cash dividends or stock bonuses will be distributed to shareholders for the reporting period[9]. - The company reported a total cash dividend of 0.00 yuan for the year 2021, indicating no profit distribution due to losses incurred[191]. - The company has not distributed any cash dividends for the past three years, including 2019 and 2020, and will not distribute dividends for 2021[192]. - The profit distribution policy emphasizes a minimum cash dividend of 10% if conditions are met, but the company did not meet these conditions in 2021[192]. - The company’s profit distribution plan for 2021 includes no cash dividends, no stock dividends, and no capital reserve transfers due to the financial situation[192]. Employee and Workforce Management - The total number of employees at the end of the reporting period is 919, with 52 in the parent company and 867 in major subsidiaries[182]. - The professional composition includes 445 production personnel, 59 sales personnel, 171 technical personnel, 54 financial personnel, and 190 administrative personnel[183]. - The company conducts regular and irregular technical training for employees to improve their professional skills[185]. - The company has implemented a salary confidentiality policy to maintain privacy regarding employee compensation[184]. - The company has a performance-based salary distribution principle to enhance employee motivation and productivity[184].

Financial Performance - The company's operating revenue for Q1 2022 was ¥64,614,797.19, a decrease of 26.26% compared to ¥87,629,159.75 in the same period last year[3] - The net profit attributable to shareholders was -¥47,575,089.27, an improvement of 11.38% from -¥53,684,451.31 year-on-year[3] - The net cash flow from operating activities increased by 141.86%, reaching ¥7,010,505.92, compared to -¥16,748,375.03 in the previous year[3] - The net loss for the current period was ¥48,025,376.35, compared to a net loss of ¥60,066,112.61 in the previous period, indicating an improvement[24] - The total comprehensive income attributable to the parent company was -45,719,660.72 yuan, compared to -50,083,924.24 yuan in the previous period, indicating an improvement of approximately 10.2%[25] - The basic and diluted earnings per share were both -0.07 yuan, showing a slight improvement from -0.08 yuan in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,132,089,115.06, a slight decrease of 0.31% from ¥2,138,637,789.55 at the end of the previous year[3] - Current assets totaled ¥926,505,388.83, slightly up from ¥921,116,550.71 at the beginning of the year[20] - Total liabilities rose to ¥1,909,022,213.93 from ¥1,869,378,716.14, an increase of 2.4%[21] - The equity attributable to shareholders decreased by 28.72% to ¥112,811,034.40 from ¥158,259,738.88 at the end of the previous year[3] - The equity attributable to the parent company decreased to ¥112,811,034.40 from ¥158,259,738.88, a decline of 28.8%[21] Cash Flow - The net cash flow from investing activities decreased by 99.34%, mainly due to significant equity disposals in the previous year[9] - The net cash flow from investing activities was 238,164.38 yuan, a decline of 99.3% from 35,814,867.81 yuan in the previous period[29] - The net cash flow from financing activities was 7,292,514.17 yuan, recovering from -57,648,537.93 yuan in the previous period[29] - Cash inflow from operating activities totaled 118,613,506.50 yuan, down 33.5% from 178,178,261.61 yuan in the previous period[28] - Cash outflow from operating activities was 111,603,000.58 yuan, a decrease of 42.6% compared to 194,926,636.64 yuan in the previous period[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 44,694[11] - The top 10 shareholders hold a total of 14.68% by Li Liping, 8.00% by Yinchuan Zhongneng New Finance Technology Co., Ltd., and 4.96% by Sun Gengwen, with their respective shareholdings being 104,521,480, 57,000,000, and 35,355,137 shares[12] - The company has a total of 18,004,633 restricted shares, with no shares released during the reporting period[15] - The voting rights of 6,600,000 shares (9.27%) held by Yinchuan Zhongneng were irrevocably entrusted to Housen Investment for a period of 24 months[13] - The voting rights of 3,535,510 shares (4.96%) held by Sun Gengwen were also entrusted to Housen Investment for a period of 24 months[13] - Li Liping and Wang Xiaose have formed a concerted action relationship, while Sun Gengwen and Yinchuan Zhongneng have a related relationship[13] - The company reported a total of 57,000,000 shares held by Yinchuan Zhongneng are frozen[12] Strategic Developments - The company signed a debt settlement agreement with Beijing Zhongguancun Mergers and Acquisitions Mother Fund, which will help alleviate the debt crisis and ensure the retention of core assets[16] - The company aims to gradually and effectively resolve its debt crisis through the signed agreements[16] - A new wholly-owned subsidiary, Hengtai Aipu Group (Hebei) Technology Co., Ltd., was established to expand business areas and improve profitability[17] - The establishment of the new subsidiary is part of the company's long-term development strategy[17] Operational Efficiency - Operating costs decreased by 36.68% year-on-year, primarily due to reduced revenue[8] - Research and development expenses decreased by 56.07% compared to the previous year, indicating reduced investment in this area[8] - Total operating costs amounted to ¥97,764,617.38, down 31.3% from ¥142,401,448.97 in the previous period[23] - The total cash received from sales of goods and services was 101,423,561.66 yuan, down 19.2% from 125,417,612.08 yuan in the previous period[27] Inventory and Receivables - Accounts receivable decreased to ¥304,143,669.36 from ¥338,697,297.28, a decline of 10.2%[20] - Inventory increased to ¥235,924,132.92 from ¥194,759,752.26, representing a growth of 21.1%[20] Foreign Exchange Impact - The company reported a foreign exchange loss of -169,109.63 yuan, compared to a gain of 184,679.34 yuan in the previous period[29]

Financial Performance - Revenue for Q3 2021 was ¥74,627,372.99, a decrease of 27.84% compared to the same period last year[3] - Net profit attributable to shareholders was -¥32,689,325.70, an increase of 37.72% in losses year-over-year[3] - Total operating revenue for Q3 2021 was CNY 306.12 million, a decrease of 22.3% from CNY 394.14 million in Q3 2020[25] - Total operating costs for Q3 2021 were CNY 446.55 million, down 15.8% from CNY 530.53 million in Q3 2020[25] - Net profit for Q3 2021 was a loss of CNY 133.97 million, compared to a loss of CNY 149.85 million in Q3 2020, showing an improvement of 10.6%[26] - The total comprehensive loss for Q3 2021 was CNY 134.35 million, compared to a loss of CNY 206.11 million in Q3 2020, indicating a reduction of 34.8%[26] - The company reported a basic and diluted earnings per share of -CNY 0.18 for Q3 2021, an improvement from -CNY 0.22 in Q3 2020[26] Cash Flow and Assets - Cash flow from operating activities decreased by 84.93% year-to-date, totaling ¥17,923,392.47[7] - Cash and cash equivalents increased by 76.68% year-over-year, primarily due to reduced repayments of bank loans[7] - Cash and cash equivalents at the end of Q3 2021 totaled CNY 111.13 million, compared to CNY 100.77 million at the end of Q3 2020[29] - Cash and cash equivalents decreased to CNY 123,485,903.52 from CNY 179,988,840.17, a reduction of about 31.4%[20][21] - Total assets at the end of the reporting period were ¥2,714,581,955.19, a decrease of 21.73% from the previous year[3] - As of September 30, 2021, total current assets decreased to CNY 1,032,408,803.26 from CNY 1,728,022,756.29 at the end of 2020, representing a decline of approximately 40.3%[20][21] - Total liabilities decreased to CNY 1,802,482,368.62 from CNY 2,184,468,441.38, a decline of about 17.4%[22] - Non-current assets totaled CNY 1,682,173,151.93, down from CNY 1,740,192,747.81, indicating a decrease of approximately 3.3%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,129[9] - The largest shareholder, Li Liping, holds 14.68% of the shares, amounting to 104,521,480 shares[9] - The second-largest shareholder, Yinchuan Zhongneng New Finance Technology Co., holds 10.67% of the shares, totaling 76,000,000 shares, which are pledged[9] - The company has a total of 5,052,681 restricted shares at the beginning of the period, with 1,262,700 shares released during the period[12] Strategic Decisions - The company plans to acquire a 30% stake in the Yifeng Hengtai Fund, having already paid 42,689,400 RMB for the equity transfer[13] - The company has decided to suspend the construction of the second production base in Chongqing due to strategic adjustments[13] - The company intends to transfer shares of several subsidiaries as part of the strategic restructuring, which will not adversely affect operations[14] - The company is set to become the sole limited partner of the Yifeng Hengtai Fund after acquiring all other partners' shares, holding 99% of the fund's equity[15] - The company plans to repurchase and cancel 13.04% of the shares held by the Yifeng Hengtai Fund as part of debt resolution efforts[16] - The company will transfer 40.98% of its subsidiary Aohua Electronics for 151,621,560 RMB[16] Financial Adjustments and Reporting - The company has implemented new leasing standards starting from 2021, but there are no adjustments to prior comparative data[30] - The financial statements for the first year of the new leasing standards do not apply to the current report[30] - The company’s board of directors has acknowledged the unaudited status of the third quarter report[30] - There are no significant changes in financial reporting due to the new leasing standards for the current year[30] - The financial report does not include any significant adjustments or restatements from previous periods[30] - The third quarter report of the company has not been audited[30] Other Financial Metrics - Financial expenses decreased by 39.73% year-over-year, primarily due to reduced bank borrowings[6] - Other income increased by 493.75% year-over-year, mainly from increased government subsidies[6] - Investment income surged by 1928.25% year-over-year, attributed to gains from the disposal of subsidiaries[6] - The company incurred financial expenses of CNY 56.47 million in Q3 2021, down 39.7% from CNY 93.69 million in Q3 2020[25] - The company reported a decrease in research and development expenses to CNY 21.13 million, slightly down from CNY 21.53 million in the same quarter last year[25] - Investment activities generated a net cash inflow of CNY 35,919.20, a recovery from a net outflow of CNY 968,518.73 in the previous year[29] Market and Future Outlook - The company has not provided any performance guidance or future outlook in the current report[30] - No new products or technologies have been mentioned in the current report[30] - There are no updates on market expansion or mergers and acquisitions in the current report[30] - The company has not disclosed any new strategies in the current report[30]

Financial Performance - The company's operating revenue for the reporting period was CNY 231.49 million, a decrease of 20.37% compared to the same period last year[21]. - The net profit attributable to shareholders was CNY -93.98 million, showing an improvement of 7.97% year-on-year[21]. - The net cash flow from operating activities was CNY -31.74 million, a decline of 127.53% compared to the previous year[21]. - Total assets at the end of the reporting period were CNY 2.82 billion, down 18.58% from the end of the previous year[21]. - The company's total liabilities amounted to CNY 188.35 million, resulting in a debt-to-asset ratio of 66.70%, an increase of 3.71 percentage points from the previous year[28]. - The company reported a total of CNY 13.30 million in non-recurring gains and losses for the period[25]. - The gross margin improved to 45%, up from 40% in the previous year, indicating better cost management and pricing strategies[42]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2021, representing a year-over-year growth of 25%[41]. - The company reported a revenue of 1.5 billion RMB for the first half of 2021, representing a year-over-year increase of 20%[43]. - The company expects a revenue growth of 10% for the second half of 2021, projecting total revenue to reach approximately 3.3 billion RMB for the full year[46]. Research and Development - The company is investing 100 million RMB in R&D for new technologies aimed at improving data processing capabilities[41]. - The company is investing 200 million RMB in R&D for new technologies in seismic data interpretation[44]. - The company has a dedicated energy technology research institute as part of its structure[12]. - The company has developed a complete data processing software system for seismic data, including proprietary software with multiple patents, achieving a floating-point computation speed of over 20 trillion operations per second[34]. - The company has advanced technology in oil and gas exploration software, with a comprehensive suite of commercialized geophysical and geological software, establishing significant industry barriers[39]. - The company is focusing on developing integrated oil and gas exploration software platforms, with a projected completion date in early 2022[50]. - The company has a strong emphasis on R&D, with multiple patents related to compressor technology and turbine control systems, indicating a commitment to innovation[77]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[41]. - The company aims to increase its international sales by 30% in the next fiscal year[44]. - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of 500 million RMB allocated for this purpose[46]. - The company has established a new business development segment that includes supply chain management and financing services, primarily targeting small and medium enterprises in the petrochemical sector[35]. - The company is actively developing new products in the fields of energy equipment and military applications, leveraging its certifications and partnerships[30]. - The company is expanding its product development and market reach in various sectors, including petrochemicals and energy storage[107]. Risk Management - The company emphasizes the importance of understanding the risks associated with future plans and performance forecasts[4]. - The report includes a section on risk factors and countermeasures faced by the company[4]. - The company has recognized the risk of goodwill impairment due to acquisitions, emphasizing the importance of effective goodwill management[104]. - The company has implemented measures to address accounts receivable recovery risks, including establishing a customer credit system and optimizing financial structures[105]. Corporate Governance - All directors attended the board meeting to review the report[4]. - The financial report is guaranteed to be true, accurate, and complete by the company's management[3]. - The company has not distributed cash dividends, issued bonus shares, or increased capital from reserves[5]. - The semi-annual financial report has not been audited[121]. - The board acknowledged the non-standard audit report for the previous year, affirming the report's fair reflection of the company's financial status[122]. Legal and Compliance - The company is involved in significant litigation matters, with a case involving a claim amount of 85.68 million yuan, which has not yet entered formal trial[124]. - The company has been involved in arbitration related to the equity transfer agreement, which has been completed[124]. - The company has received a court ruling regarding jurisdiction in a related case, affirming the jurisdiction of the Shenyang Intermediate People's Court[124]. - The company has a history of issuing guarantees for offshore loan contracts, which are subject to specific repayment terms[129]. Intellectual Property - As of June 30, 2021, the company holds a total of 33 patents, including 26 authorized invention patents, 4 accepted invention patents, 1 authorized design patent, and 2 authorized utility model patents[68]. - The company has achieved a significant increase in its patent portfolio, with a focus on innovative technologies in seismic data processing and reservoir analysis[68]. - The company has established a strong presence in the market with subsidiaries holding multiple trademarks and patents, enhancing its competitive edge[66]. Financial Obligations - The company has a loan of RMB 900,000,000 from Suzhou Bank, which was not repaid by the due date, leading to a court enforcement application[131]. - The company has a frozen bank account with a total amount of RMB 9,360,053 due to the enforcement actions taken by Suzhou Bank[131]. - The company is required to repay €650,000 before April 20, 2021, and an additional €650,000 before June 20, 2021[131]. - The company has incurred penalties calculated at a daily rate of 0.05% on the outstanding amounts since September 29, 2020[129].

Financial Performance - Operating revenue for the reporting period was CNY 103,417,145.14, down 30.44% year-on-year, and year-to-date revenue was CNY 394,138,870.62, down 46.34%[7] - Net profit attributable to shareholders was a loss of CNY 52,647,420.18, a decrease of 8.28% year-on-year, with a year-to-date loss of CNY 154,763,976.58, down 59.87%[7] - Basic earnings per share were CNY -0.07, a decrease of 8.28% year-on-year, while diluted earnings per share were also CNY -0.07[7] - The net loss for the third quarter was CNY 54,774,718.69, compared to a net loss of CNY 37,888,820.24 in the same period last year[57] - The net profit for the quarter was a loss of ¥149,847,847.04, compared to a loss of ¥82,535,335.70 in the previous year, representing an increase in loss of 81.5%[65] - The comprehensive loss for the quarter was CNY 115,415,589.98, compared to a loss of CNY 11,798,320.18 in the previous year[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,486,988,847.85, a decrease of 1.49% compared to the end of the previous year[7] - The total liabilities rose to CNY 2,124,037,078.68 from CNY 1,968,509,252.18, indicating an increase of approximately 7.9%[48] - The company's total assets decreased to CNY 4,486,988,847.85 from CNY 4,555,030,571.32, a decline of about 1.5%[49] - The total liabilities decreased to CNY 1,851,120,344.95 from CNY 1,906,201,660.87[56] - The total owner's equity decreased to CNY 2,362,951,769.17 from CNY 2,586,521,319.14, a decline of about 8.7%[49] Cash Flow - The net cash flow from operating activities was CNY 3,592,046.12, down 64.25% year-on-year, but increased by 156.83% year-to-date[7] - The net cash flow from operating activities increased by 156.83% year-on-year, mainly due to the return of deposits and the settlement of restricted funds[25] - Cash flow from operating activities generated a net amount of ¥118,906,265.81, a significant recovery from -¥209,225,592.99 in the prior year[72] - Total cash inflow from operating activities was ¥899,251,665.32, while cash outflow was ¥780,345,399.51, resulting in a positive cash flow[72] - The company reported a significant increase in cash inflow from operating activities, which totaled ¥104,458,552.92, compared to ¥349,823,492.61 in the previous period[74] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,044[11] - The top shareholder, Li Liping, held 13.68% of the shares, amounting to 97,400,280 shares[11] Research and Development - Research and development expenses decreased by 32.21% year-on-year, primarily due to a reduction in R&D projects as a result of the pandemic[24] - Research and development expenses were CNY 6,548,693.20, down from CNY 12,893,014.09 in the previous year[56] - Research and development expenses increased to ¥1,348,856.74 from ¥1,121,085.28, reflecting a focus on innovation[67] Financial Management - The company's financial expenses increased by 63.28% year-on-year, mainly due to a decrease in interest income[24] - Financial expenses surged to ¥80,196,521.81, primarily due to interest expenses of ¥75,215,516.74, compared to ¥38,305,807.03 in the previous year[67] Investments and Acquisitions - The company plans to restructure receivables from Range Company by exchanging all receivables for oil field block assets, with a transaction price of $96.5 million, of which $2.5 million will be paid in cash and the remaining $94 million will offset debts owed to the company[29] - The company approved a capital reduction of $13.5 million for Energy Prospecting Technology USA Inc., reducing its investment from $34.75 million to $21.25 million, with $12.02 million already received[30] - The company is establishing the Hai Sheng Langfang Blue Sky Fund with a total initial scale of RMB 300 million, with the company committing to 50% of the fund[31] - The company is also setting up the Fuhua Tongxin Industrial M&A Fund with an initial scale of RMB 1 billion, in collaboration with Dongfang Fuhua[31] Compliance and Legal Matters - The company has received an arbitration notice regarding a claim for equity repurchase and overdue payment, but the arbitration process is currently suspended[36] - The company has no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[39][40] Changes in Equity - Long-term investments in equity rose to CNY 425,479,544.39 from CNY 362,143,105.21, an increase of about 17.5%[47] - Owner's equity totaled CNY 2,188,800,104.17, down from CNY 2,297,767,722.60 in the previous period[56]