Financial Performance - The company's revenue for Q3 2022 was ¥111,817,166.43, a decrease of 63.13% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥26,797,142.34, representing a decline of 569.53% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was a loss of ¥30,504,873.49, down 789.89% from the previous year[5]. - The company's operating revenue for the first nine months of 2022 was CNY 482,929,848.80, a decrease of 58.02% compared to CNY 1,150,283,270.60 in the same period last year[11]. - Total operating revenue for Q3 2022 was CNY 482,929,848.80, a decrease of 58.1% compared to CNY 1,150,283,270.60 in the same period last year[39]. - Net profit for Q3 2022 was a loss of CNY 63,086,816.21, compared to a profit of CNY 33,907,382.17 in Q3 2021[40]. - The total comprehensive income for the period was -63,513,712.73 CNY, compared to 32,850,299.41 CNY in the previous period[41]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥3,728,700,245.33, an increase of 1.75% from the end of the previous year[5]. - Current assets decreased to CNY 2,216,832,898.07 from CNY 2,762,253,298.05 at the start of the year, representing a decline of 19.7%[36]. - Current liabilities decreased to CNY 2,171,201,943.82 from CNY 2,575,429,853.81, a reduction of 15.7%[37]. - The company's total liabilities increased significantly, with lease liabilities rising by 14,186.24% to CNY 204,101,166.82 due to the merger[11]. - Long-term borrowings increased significantly to CNY 327,500,000.00 from CNY 64,822,500.00, marking a growth of 404.5%[37]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥139,990,446.74, an increase of 192.35%[5]. - The net cash flow from operating activities was 139,990,446.74 CNY, a significant improvement from -151,586,095.84 CNY in the previous period[44]. - Cash inflow from operating activities totaled 2,347,006,521.96 CNY, down from 3,603,911,948.46 CNY in the previous period[44]. - Cash outflow from operating activities was 2,207,016,075.22 CNY, compared to 3,755,498,044.30 CNY in the previous period[44]. - The net cash flow from investing activities was -125,861,153.14 CNY, an improvement from -259,157,970.58 CNY in the previous period[45]. - The net cash flow from financing activities was -55,506,451.17 CNY, a decrease from 350,727,786.02 CNY in the previous period[45]. - The ending cash and cash equivalents balance was 142,494,591.33 CNY, down from 239,763,339.85 CNY in the previous period[45]. Shareholder Information - The company plans to issue shares to specific investors at a price of RMB 5.82 per share, with a maximum issuance of 123,367,697 shares[24]. - The company distributed a cash dividend of RMB 0.1 per share, totaling RMB 5,289,434.75, based on a total share capital of 528,943,475 shares after excluding repurchased shares[22]. - The company has a repurchase account holding 3,000,000 shares, representing 0.56% of total shares[21]. - The company’s major shareholders include Huang Changan with 2,100,800 shares and Zhou Minjuan with 1,750,000 shares[17]. - The company’s total restricted shares held by executives amount to 13,037,812 shares, all of which are currently locked[21]. Mergers and Acquisitions - The company reported a significant increase in fixed assets by 67.84% due to the acquisition of Yunxing Wangsheng[10]. - The company reported a significant increase in deferred income, rising by 324.73% to CNY 7,857,500.06, attributed to the merger with Yunxing Wangsheng[11]. - The company completed the cancellation of its wholly-owned subsidiaries, Shijiazhuang Gongtuo Internet Technology Co., Ltd. and Shenzhen Huijin Wangfeng Technology Co., Ltd., to optimize resource allocation and reduce management costs[28][29]. - The company transferred 100% equity of Guangdong Huijin Zhantuo Industrial Co., Ltd. for RMB 22,990,200, based on an asset evaluation report[31]. - The company acquired 61.25% of Nanjing Jinrunjia Enterprise Management Center (Limited Partnership) for RMB 4,900,000, increasing its stake in Nanjing Yarun Technology Co., Ltd. to 88.93%[32]. Legal Matters - The company is pursuing a lawsuit against Lenovo Cloud Leading (Beijing) Information Technology Co., Ltd. for RMB 163,021,257.1 in project payment and RMB 2,894,080.27 in interest loss[33]. Other Financial Metrics - The basic earnings per share for Q3 2022 was -¥0.0507, a decrease of 569.44% compared to the same period last year[5]. - The weighted average return on equity was -3.09%, a decline of 3.73% year-on-year[5]. - The company's investment income showed a decline of 36.04%, with a loss of CNY 7,895,867.42 compared to a loss of CNY 5,804,053.68 in the previous year[12]. - The company’s income tax expense decreased by 85.16% to CNY 2,496,682.46, primarily due to reduced profits[12]. - Research and development expenses for Q3 2022 were CNY 16,154,066.69, down 20.4% from CNY 20,239,957.46 in the previous year[40]. - The company reported a significant increase in credit impairment losses of CNY 19,859,221.42 compared to a loss of CNY 10,633,081.85 in the same period last year[40].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥371,112,682.37, a decrease of 56.19% compared to ¥847,003,600.18 in the same period last year[30]. - The net loss attributable to shareholders was ¥22,072,436.81, representing a decline of 281.50% from a profit of ¥12,161,107.96 in the previous year[31]. - The basic earnings per share decreased to -¥0.0417, down 281.30% from ¥0.0230 in the previous year[31]. - The company reported an operating profit of -25.40 million yuan, down 196.08% year-on-year[45]. - The decline in revenue was significantly impacted by delays in project bidding and implementation due to the prolonged domestic pandemic[45]. - The company's investment income decreased by 21.12%, amounting to -5,369,155.60 CNY[76]. - The company reported a significant increase in credit impairment losses, which rose by 373.42% to ¥16,435,794.30, attributed to changes in accounting estimates and a reduction in receivables[68]. - The net cash flow from operating activities improved to -¥7,232,038.19, a 91.51% increase compared to -¥85,225,147.68 in the same period last year[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,692,776,777.30, an increase of 0.77% from ¥3,664,702,650.75 at the end of the previous year[31]. - The net assets attributable to shareholders decreased by 3.02% to ¥877,330,052.11 from ¥904,691,923.67 at the end of the previous year[31]. - The company's goodwill net value in the consolidated financial statements is 550.9678 million yuan, indicating a risk of impairment if the integration of acquired companies is not effective[4]. - The company's cash and cash equivalents decreased from 269,048,372.06 CNY (7.34% of total assets) to 104,992,234.57 CNY (2.84% of total assets), a reduction of 4.50%[78]. - Long-term borrowings increased significantly by 7.13%, from 64,822,500.00 CNY (1.77% of total assets) to 328,500,000.00 CNY (8.90% of total assets)[79]. - The company's short-term borrowings increased by 2.20%, from 358,546,045.59 CNY (9.78% of total assets) to 442,542,918.62 CNY (11.98% of total assets)[79]. Business Strategy and Development - The company is expanding into new business areas such as intelligent manufacturing, data centers, and supply chain services, but faces uncertainty regarding market acceptance and potential declines in gross margins[6]. - The company is focusing on expanding its non-banking business areas, particularly in new retail self-service terminals and government self-service terminals[41]. - The company aims to leverage its existing technology and service network to expand into non-bank sectors, enhancing its product offerings and customer base[46]. - The company is committed to increasing R&D investment in cutting-edge information technology to adapt to the rapid changes in the financial technology landscape[45]. - The company is investing in the development of a smart document management system, which can be applied in various sectors including courts and hospitals[41]. - The company has completed the acquisition of cloud computing data center business assets, enhancing its overall layout in the information technology data center sector[56]. - The company has formed strong partnerships with major ICT manufacturers such as Huawei, Dell, and IBM, providing integrated solutions for government and large enterprises[59]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares, indicating a focus on reinvestment[8]. - The company has established independent financial and operational structures to ensure asset and business independence from other controlled entities[122]. - The company has committed to maintaining an independent governance structure, ensuring that its board and management operate independently[122]. - The company maintains a transparent communication strategy with shareholders, ensuring their rights to information, participation, and voting are upheld[117]. - The company is focused on enhancing investor relations and protecting the rights of minority shareholders[117]. Acquisitions and Performance Commitments - The company acquired a 58.15% stake in Chongqing Yunxing Network Technology Co., Ltd. for ¥193,500,000, which is expected to enhance its market position[87]. - The performance commitment for the acquisition of Chongqing Yunxing Wangsheng Technology Co., Ltd. includes net profits of no less than RMB 400,000, RMB 43.1 million, RMB 65.2 million, and RMB 96.8 million for the years 2022, 2023, 2024, and 2025 respectively[124]. - The cumulative realized net profit must not be less than 85% of the cumulative committed net profit for any year except for 2025, or the total realized net profit during the commitment period must meet the committed net profit[125]. - The company will ensure that the performance commitments are verified by a qualified accounting firm at the end of each fiscal year during the commitment period[124]. Legal and Compliance - The company has not disclosed any significant environmental issues or administrative penalties related to environmental problems during the reporting period[116]. - The company emphasizes its commitment to legal operations and social responsibility, focusing on creating economic value while fulfilling social obligations[116]. - The company has not reported any employee stock ownership plans or other employee incentive measures during the reporting period[113]. - The company has not faced any environmental penalties or issues, indicating compliance with environmental regulations[116]. Future Outlook - The company is positioned to leverage the "East Data West Computing" initiative, which is expected to drive significant growth in the data center business during the 14th Five-Year Plan period[56]. - The company aims to optimize internal control processes and organizational structure to improve subsidiary profitability and synergy[101]. - The company is focused on maintaining a stable financial structure while pursuing growth opportunities[139].

Financial Performance - The net profit attributable to shareholders decreased by 59.85% compared to the same period last year, primarily due to an increase in financing costs and a significant rise in procurement costs caused by the pandemic and raw material price hikes [5]. - The net profit attributable to shareholders decreased by 59.85% to approximately ¥25.91 million in 2021 from ¥64.53 million in 2020 [27]. - The basic and diluted earnings per share fell by 59.60% to ¥0.0490 in 2021 from ¥0.1213 in 2020 [26]. - The company reported a significant decline in operating profit by 59.19% to ¥67,176,628.87, impacted by rising raw material costs and pandemic-related disruptions [60]. - The company reported a net profit margin of 12% for 2021, up from 10% in 2020 [149]. Revenue and Growth - The company's operating revenue for 2021 was approximately ¥1.59 billion, representing a 17.17% increase compared to ¥1.36 billion in 2020 [27]. - Total revenue for 2021 reached ¥1,592,546,854.95, an increase of 17.17% compared to ¥1,359,149,249.46 in 2020 [69]. - The information technology comprehensive solution business generated ¥1,014,501,500.86, accounting for 63.70% of total revenue, with a year-on-year growth of 48.30% [69]. - The revenue from the information technology data center surged by 103.82% to ¥606,413,261.60, compared to ¥297,518,601.55 in 2020 [69]. - The company provided a revenue guidance for 2022, projecting a growth rate of 10% to 12% [149]. Costs and Expenses - The total operating costs increased by 25.49% to ¥1,235,371,568.97, compared to ¥984,416,749.19 in 2020 [77]. - Financial expenses surged by 91.00% to ¥129,015,946.52, primarily due to increased borrowing and financing costs [85]. - Sales expenses increased by 28.83% year-on-year to ¥37,447,796.87 due to higher sales and reduced pandemic impact [84]. - Management expenses rose by 17.16% to ¥66,796,235.57, reflecting increased labor costs [85]. Research and Development - The company has achieved significant R&D results, with many protected by patents and software copyrights, but risks exist regarding technology leakage and loss of core technical personnel [9]. - The company plans to increase investment in research and development of cutting-edge information technology to improve its competitive edge in the financial services market [37]. - R&D expenses increased by 4.65% to ¥29,641,602.02, indicating ongoing investment in innovation [85]. - The number of R&D personnel decreased by 28.70% to 77, with a notable decline in the proportion of personnel holding master's degrees [89]. Strategic Initiatives - The company is expanding into new business areas such as smart manufacturing, data centers, and supply chain management, but faces uncertainty regarding market acceptance and industry understanding [8]. - The company is focusing on enhancing its smart banking solutions and expanding into non-banking sectors, including retail and public services, to diversify its product offerings [37]. - The company aims to expand its non-banking business sectors, including new retail self-service terminals and government self-service terminals [42]. - The company is actively developing a community smart retail system to enhance customer experience and operational efficiency [86]. Governance and Management - The company held 1 annual general meeting and 7 extraordinary general meetings during the reporting period, with the highest investor participation rate at 41.03% [144]. - The board of directors convened 9 meetings, consisting of 9 members, including 3 independent directors, complying with relevant laws and regulations [136]. - The company maintains independence from its controlling shareholder, with no interference in decision-making or operational activities [138]. - Independent directors provided numerous opinions and suggestions to improve the company's governance structure and internal control systems [140]. Asset Management - The company has a goodwill net value of 31,658.91 million yuan, with risks associated with potential impairment if acquisitions are not effectively integrated [126]. - The company is focused on optimizing its asset and business structure through strategic investments [115]. - The company reported a significant increase in accounts payable, which reached ¥523,364,333.6, accounting for 14.28% of total assets, up from 10.20% [102]. - The company’s total liabilities decreased by 6.04% in long-term borrowings, now at ¥64,822,500, which is 1.77% of total assets [101]. Dividend Distribution - The company plans to distribute a cash dividend of 0.10 yuan per 10 shares (including tax) based on a total of 528,943,475 shares [9]. - The total cash dividend, including other methods such as share repurchase, amounted to 42,621,962.75 CNY, representing 100% of the distributable profit [200]. - The company has a policy that mandates a minimum of 20% cash dividend distribution when significant capital expenditures are planned [200]. - The total distributable profit for the period was 184,793,991.01 CNY [200]. Market Position and Competition - The company has experienced a decline in the gross profit margin of some products due to increased market competition and a decrease in demand for cash-related equipment [8]. - The company is facing risks related to the integration of acquired businesses and the realization of expected synergies, which could adversely affect operational performance [6]. - The company is exploring new business opportunities in the education technology sector, as indicated by the involvement of its executives in related companies [159]. - The company is likely to pursue further strategic partnerships and investments to bolster its growth trajectory in the coming years [162].

Financial Performance - The net profit attributable to shareholders decreased by 59.85% compared to the same period last year, primarily due to an increase in financing costs and a significant rise in procurement costs caused by the pandemic and raw material price hikes [5]. - The net profit attributable to shareholders decreased by 59.85% to approximately ¥25.91 million in 2021 from ¥64.53 million in 2020 [27]. - The basic and diluted earnings per share fell by 59.60% to ¥0.0490 in 2021 from ¥0.1213 in 2020 [26]. - The company’s operational performance has been adversely affected by the pandemic and rising costs, leading to a cautious outlook for future business expansion [5]. - The company reported a net profit of approximately ¥1.30 million in Q1 2021, which increased to ¥10.58 million in Q2, but dropped to ¥5.71 million in Q3, and then rose to ¥8.04 million in Q4 [29]. - The company reported a net loss of 2,296,300 for the current period, reflecting challenges in financial performance [107]. - The company reported a total revenue of 10,637.4 million yuan for the year 2021, with a net profit of 6,512.96 million yuan, indicating a strong financial performance [116]. - The company reported a total revenue of 509.08 million for the year 2021 [177]. Revenue and Costs - The company's operating revenue for 2021 was approximately ¥1.59 billion, representing a 17.17% increase compared to ¥1.36 billion in 2020 [27]. - The total operating cost of the company was ¥1,235,371,568.97, which increased by 25.49% compared to ¥984,416,749.19 in 2020 [76]. - The revenue from the information technology data center surged by 103.82% to ¥606,413,261.60, compared to ¥297,518,601.55 in 2020 [72]. - The supply chain business revenue decreased by 25.62% to ¥333,765,438.63, down from ¥448,732,343.07 in the previous year [70]. - The information technology comprehensive solution business generated ¥1,014,501,500.86, accounting for 63.70% of total revenue, with a year-on-year growth of 48.30% [70]. - The gross profit margin for the information technology comprehensive solution business was 13.10%, a decrease of 10.45% from the previous year [72]. Assets and Liabilities - The total assets at the end of 2021 were approximately ¥3.66 billion, a 3.59% increase from ¥3.54 billion at the end of 2020 [26]. - The total liabilities at the end of 2021 were not disclosed, but the net assets attributable to shareholders decreased by 1.07% to approximately ¥904.69 million from ¥914.49 million in 2020 [26]. - The company has a net asset value of 1,603,747,480 yuan and generated an operating income of 333,942,525 yuan from its subsidiary in supply chain management [118]. - Cash and cash equivalents decreased from CNY 303,558,522.65 (8.57%) at the beginning of 2021 to CNY 269,048,372.0 (7.34%) at the end of 2021, a decrease of 1.23% [99]. - Accounts receivable increased from CNY 1,228,743,492.0 (34.71%) to CNY 1,688,997,378.0 (46.09%), an increase of 11.38% due to increased sales and delayed collections [100]. - Inventory decreased from CNY 415,319,798.72 (11.73%) to CNY 251,646,484.4 (6.87%), a decrease of 4.86% primarily due to the recognition of contract performance costs [100]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 0.10 yuan per 10 shares (including tax) based on a base of 528,943,475 shares, with no bonus shares issued [9]. - The total cash dividend, including other methods such as share repurchase, amounted to 42,621,962.75 CNY, representing 100% of the total profit distribution [200]. - The distributable profit for the period was 184,793,991.01 CNY, indicating a strong capacity for dividend distribution [200]. - The cash dividend distribution reflects the company's commitment to shareholder returns despite ongoing investments [200]. Research and Development - The company has achieved significant R&D results, with many protected by patents and software copyrights, but risks exist regarding technology leakage and loss of core technical personnel [9]. - The company holds 326 patents, including 65 invention patents, 214 utility model patents, and 47 design patents, indicating a strong focus on R&D and innovation [48]. - The company is committed to increasing R&D investment to enhance product lines and improve market competitiveness in response to declining margins in traditional banking equipment [129]. - Research and development (R&D) expenditure amounted to CNY 29.64 million, representing 1.86% of total operating revenue, a decrease from 2.08% in the previous year [89]. - The number of R&D personnel decreased by 28.70% to 77, with a notable decline in the proportion of personnel holding master's degrees, down 14.29% [88]. Business Expansion and Strategy - The company is expanding into new business areas such as smart manufacturing, data centers, and supply chain management, but faces uncertainty regarding market acceptance and industry understanding [8]. - The company is focusing on enhancing its smart banking solutions and expanding into non-banking sectors, including retail and public services, to diversify its product offerings [37]. - The company aims to expand its non-banking business sectors, including new retail self-service terminals and smart document management systems, to diversify its market presence [42]. - The company plans to focus on digital infrastructure and smart city solutions as key business areas for growth in 2022, leveraging opportunities in domestic digitalization [121]. - The company is actively seeking opportunities for mergers and acquisitions to bolster its market position [149]. Governance and Management - The company held 1 annual general meeting and 7 extraordinary general meetings during the reporting period, ensuring shareholder rights were upheld with a participation rate of 41.03% at the first extraordinary meeting [144]. - The board of directors convened 9 meetings, with a composition of 9 members including 3 independent directors, complying with relevant laws and regulations [136]. - The company maintains independence from its controlling shareholder, with no interference in decision-making or operational activities, and has signed a commitment to avoid competition [138]. - The company has a diverse management team with extensive backgrounds in finance, investment, and technology, enhancing its strategic capabilities [156]. - The company is committed to improving its corporate governance by appointing independent directors with significant industry experience [161]. Risks and Challenges - The company is facing risks related to the integration of acquired businesses and the realization of expected synergies, which could adversely affect operational performance [6]. - The company faces risks related to technology leakage and the loss of key technical personnel, which could adversely affect its operations [130]. - The company has experienced a decline in the gross margin of some products due to increased market competition and a decrease in demand for cash-related equipment [8]. Operational Efficiency - The company emphasizes the importance of enhancing its organizational structure and talent development to support rapid business growth [39]. - The company is focused on optimizing its group management capabilities to enhance competitiveness and operational efficiency [62]. - The company is strategically positioned to leverage its management expertise for future expansion and operational efficiency [160].

河北汇金集团股份有限公司 2022 年第一季度报告全文 证券代码：300368 证券简称：汇金股份 公告编号：2022-034 河北汇金集团股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 230,694,826.67 | 423,829,147.03 | -45.57% | | 归属于上市公司股东的净利润（元） | -7,046,895.02 | 1,576 ...

Financial Performance - Revenue for Q3 2021 was CNY 303,279,670.42, an increase of 3.99% year-over-year, while year-to-date revenue reached CNY 1,150,283,270.60, up 32.44% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2021 was CNY 5,707,213.77, a decrease of 67.47% year-over-year, with year-to-date net profit at CNY 17,868,321.73, down 51.27%[4]. - Basic and diluted earnings per share for Q3 2021 were CNY 0.0108, reflecting a decline of 67.17% year-over-year, and year-to-date earnings per share were CNY 0.0338, down 50.94%[5]. - Total operating revenue for Q3 2021 reached CNY 1,150,283,270.60, an increase of 32.4% compared to CNY 868,545,756.24 in the same period last year[71]. - Net profit for Q3 2021 was CNY 33,907,382.17, down 52.1% from CNY 70,461,183.12 in Q3 2020[72]. - The total comprehensive income for Q3 2021 was CNY 32,850,299.41, a decrease of 53.0% compared to CNY 69,995,350.04 in Q3 2020[73]. Cash Flow and Financial Position - Cash flow from operating activities showed a net outflow of CNY 151,586,095.84, an increase of 68.59% in outflow compared to the previous year[5]. - Cash received from sales increased by 74.22% to CNY 3,550,780,024.49, indicating a significant rise in sales and corresponding cash collections[12]. - Cash paid for purchasing goods and services rose by 45.31% to CNY 3,474,379,524.60, attributed to increased sales and contract execution[12]. - The cash flow from financing activities increased by 63.82% to CNY 1,236,762,521.05, driven by increased borrowings from related parties and other financing sources[12]. - The company's cash flow from operating activities showed a significant change, with net cash inflow reported[75]. - The ending cash and cash equivalents balance was ¥239,763,339.85, compared to ¥121,557,697.29 in the previous period, showing an increase of approximately 97.5%[78]. Assets and Liabilities - Total assets as of September 30, 2021, were CNY 4,236,950,665.11, representing a 19.76% increase from the end of the previous year[5]. - Total liabilities increased to CNY 3,240,008,276.59, compared to CNY 2,512,328,584.47 in Q3 2020, marking a rise of 28.9%[69]. - The total non-current assets reached CNY 1,274,569,852.71, an increase from CNY 1,071,904,667.97 in the same period last year, showing a growth of 18.9%[70]. - Current liabilities totaled CNY 2,167,096,638.20, with a slight decrease of CNY 1,473,014.42 from the previous period[83]. - Non-current liabilities were CNY 345,231,946.27, showing a decrease of CNY 841,469.24 compared to the previous period[83]. Investments and Acquisitions - The company made a long-term equity investment of CNY 80 million in Chongqing Yunxing Wangsheng Technology Co., Ltd., resulting in a 56.97% increase in long-term equity investments[9]. - The company has completed the acquisition of 100% equity in Shijiazhuang Huijin Supply Chain Management Co., Ltd. for CNY 39.87 million, making it a wholly-owned subsidiary[45]. - The company established a new subsidiary, Shenzhen Huijin Wangfeng Technology Co., Ltd., with a registered capital of CNY 50 million, in which the company holds a 51% stake[47]. - The company plans to acquire a 36.40% stake in Chongqing Yunxing Wensheng Technology Co., Ltd. through a combination of issuing shares and cash payments[56]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 54,469[14]. - The largest shareholder, Handan Construction Investment Group Co., Ltd., holds 28.93% of shares, totaling 153,881,000 shares[14]. - The company approved a cash dividend distribution of 0.17 RMB per 10 shares, totaling 8,992,039.08 RMB, to be distributed on June 29, 2021[52]. Project Developments - The company has not reported any new product developments or market expansion strategies in this quarter[4]. - The company has been actively involved in the procurement and construction phases of the Langfang Yunfeng Data Center project, indicating ongoing market expansion efforts[34]. - The company signed a strategic cooperation framework agreement with Lenovo (Beijing) Co., Ltd. for the Langfang Yunfeng Data Center project on March 12, 2020[26]. - The strategic cooperation framework agreement with Lenovo was mutually agreed to be terminated due to external factors, with no further obligations under the original agreement[27]. Financial Management - Financial expenses surged by 112.62% to CNY 94,537,334.83, mainly due to higher interest expenses on borrowings and discount fees on commercial acceptance bills[11]. - The company has implemented new leasing standards affecting the financial statements, indicating a shift in accounting practices[79]. - The company continues to maintain its financial stability with no new debt instruments reported[83].

Financial Performance - The company's operating revenue for the current period is ¥847,003,600.18, representing a 46.82% increase compared to ¥576,893,440.46 in the same period last year[28]. - The net profit attributable to shareholders for the current period is ¥12,161,107.96, a decrease of 36.40% from ¥19,120,607.03 in the previous year[28]. - The net profit after deducting non-recurring gains and losses is ¥10,587,070.82, down 33.80% from ¥15,992,518.87 year-on-year[28]. - The net cash flow from operating activities improved to -¥85,225,147.68, a 59.19% increase compared to -¥208,822,111.87 in the same period last year[28]. - Total assets at the end of the reporting period are ¥3,986,100,128.17, reflecting a 12.67% increase from ¥3,537,860,713.77 at the end of the previous year[29]. - The net assets attributable to shareholders decreased by 2.63% to ¥890,458,027.10 from ¥914,493,359.58 at the end of the previous year[29]. - The company achieved total revenue of 847.00 million yuan, a year-on-year increase of 46.82%[44]. - The gross margin for the information system integration and data center business decreased by 7.51% compared to the previous year[45]. - Operating costs increased by 53.00% to ¥690,852,736.93 from ¥451,542,141.16, primarily due to the rise in revenue[62]. - Research and development expenses rose by 47.62% to ¥12,458,055.59, up from ¥8,439,330.68, reflecting increased investment in technology and intellectual property[63]. Business Strategy and Expansion - The company is actively expanding into new business areas such as intelligent manufacturing, data centers, and supply chain management, but there is uncertainty regarding market acceptance and industry understanding[7]. - The company is focusing on expanding its non-banking business areas, including new retail self-service terminals and government self-service terminals[37]. - The company aims to extend its manufacturing business from banking solutions to intelligent hardware and software solutions for non-banking sectors[41]. - The company is focusing on expanding its intelligent self-service terminal products into over 20 industries, including retail, healthcare, and government services[41]. - The company plans to enhance its research and development efforts in cutting-edge information technology to improve product competitiveness[41]. - The company aims to transition from subcontractor to general contractor in the data center construction sector, leveraging its extensive experience and resources[54]. - The company is committed to expanding its market presence through strategic partnerships and equity investments in technology firms[84]. Research and Development - The company has achieved significant R&D results, with many protected by patents and software copyrights, but risks remain regarding potential technology leaks and loss of core technical personnel[9]. - The company holds 308 patents, including 65 invention patents, 202 utility model patents, and 41 design patents as of June 30, 2021[49]. - The company has made significant investments in technology research and development to support its expansion into new markets and product offerings[36]. - The company is increasing R&D investment to enhance product lines, improve production processes, and reduce costs to boost market competitiveness[100]. - The company has established several innovation platforms to support its R&D initiatives[46]. Financial Management and Investments - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[10]. - The company has not utilized any fundraising during the reporting period, indicating a focus on internal funding sources[88]. - The company has a diversified investment strategy, holding 15.79% equity in a partnership and 28.98% in other equity holdings[85]. - The company reported a total of 84.9 million yuan in cumulative investment returns from its financial assets[87]. - The company is focusing on long-term investments, with a significant portion of its capital allocated to equity stakes in various technology firms[84]. Risks and Challenges - The company's goodwill on the consolidated balance sheet is valued at 352.1249 million yuan, indicating a risk of impairment if the integration of acquired companies is not effective or if market competition intensifies[6]. - The company has experienced a decline in the gross margin of some products due to increased market competition, particularly in cash-related equipment, which may lead to a risk of business downturn[7]. - The company faces risks in new business areas due to the rapid development of financial technology, leading to a decline in demand for cash-related products and a decrease in gross margins for some products[100]. - The company aims to optimize internal control processes and organizational structure to mitigate goodwill impairment risks[99]. Related Party Transactions - The company engaged in related party transactions, including a loan of 171.33 million yuan at an interest rate of 5.13%[164]. - Another related party transaction involved a loan of 1,784.0 million yuan at an interest rate of 6.5%[165]. - The company confirmed a related party transaction for financing leasing services amounting to 1,600 million yuan[165]. - The company maintains a focus on independent pricing principles in its related party transactions[164]. Legal and Compliance - The company has no significant litigation or arbitration matters during the reporting period[159]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[155]. - The company has committed to ensuring the independence of its financial personnel and management structure, with ongoing compliance since March 21, 2019[121]. - The company guarantees the independence of its assets and financial operations, ensuring no illegal occupation of funds or assets by other enterprises[123].

Financial Performance - The company's operating revenue for 2020 was ¥1,359,149,249.46, representing a 60.56% increase compared to ¥846,521,153.95 in 2019[20]. - The net profit attributable to shareholders for 2020 was ¥64,525,836.24, up 44.65% from ¥44,607,320.75 in 2019[20]. - The net profit after deducting non-recurring gains and losses was ¥48,855,547.72, a 50.36% increase from ¥32,492,104.27 in 2019[20]. - The total assets at the end of 2020 reached ¥3,537,860,713.77, an 80.24% increase from ¥1,962,911,167.04 at the end of 2019[21]. - The basic earnings per share for 2020 was ¥0.1213, reflecting a 44.58% increase from ¥0.0839 in 2019[21]. - The company reported a net cash flow from operating activities of -¥435,227,337.27, which is a 223.87% decline compared to -¥134,384,799.82 in 2019[20]. - The total operating revenue for 2020 was 1,359,149,249.46 CNY, representing a 60.56% increase compared to 846,521,153.95 CNY in 2019[72]. - The company achieved a net profit of CNY 18,253,905.22 for the year 2020, with distributable profits amounting to CNY 159,140,429.53[139]. Dividend Distribution - The company plans to distribute a cash dividend of 0.17 yuan per 10 shares (including tax) based on a total of 528,943,475 shares, with no bonus shares issued[8]. - A cash dividend of CNY 0.17 per share (including tax) was distributed, totaling CNY 8,992,039.08, which represents 20.99% of the total profit distribution[138]. - The total cash dividend, including other methods, reached CNY 33,401,506.40, accounting for 51.76% of the consolidated net profit for 2020[144]. - The company will not conduct capital reserve transfers or issue bonus shares for the 2020 fiscal year[140]. Business Expansion and Strategy - The company is expanding into new business areas such as smart manufacturing, data centers, and supply chain management, but faces uncertainty regarding market acceptance and industry understanding[6]. - The company is focusing on expanding its non-banking business areas, including new retail self-service terminals and government self-service terminals[32]. - The company aims to enhance its technology research and development capabilities to support its expansion into non-banking sectors[32]. - The company is actively pursuing financial system reforms and innovations in service models, which may affect traditional banking operations[6]. - The company aims to transition from subcontractor to general contractor in data center operations, enhancing its service capabilities[34]. - The company is focusing on expanding its supply chain services, leveraging resources and data advantages to improve operational efficiency[34]. - The company plans to enhance its data center operations, leveraging its expertise to transition from subcontractor to general contractor in digital engineering and data center operations[63]. - The company plans to implement a development strategy focusing on "one body, two wings, and one cornerstone," emphasizing industrial internet, intelligent manufacturing, and data center construction[128]. Research and Development - The company has achieved significant R&D results, with many protected by patents and software copyrights, but risks exist regarding technology leakage and loss of core technical personnel[8]. - The company has invested in the development of a smart document management system, which can be applied in various sectors such as courts, tax authorities, banks, hospitals, and public security[32]. - The company is investing in R&D for intelligent financial self-service devices, enhancing its competitive edge in the banking sector[35]. - The company has established itself as a high-tech enterprise with recognized R&D capabilities, enhancing its innovation potential[40]. - The company’s R&D investment in 2020 amounted to ¥28,324,463.75, representing 2.08% of its operating revenue[98]. - The number of R&D personnel decreased to 108 in 2020, accounting for 10.94% of the total workforce[98]. Financial Risks and Liabilities - The company's goodwill net value in the consolidated financial statements is 352.1249 million yuan, indicating a risk of impairment if the integration of acquired companies is not effective[5]. - The company acknowledges risks related to declining demand for cash-related products due to the rise of financial technology, which may impact profit margins[6]. - The company has recognized a credit impairment loss of -21,728,387.39, which is -13.17% of total revenue, mainly from bad debt provisions[107]. - The company has no significant expected liabilities arising from ongoing litigation[188]. Asset Management - The company's cash and cash equivalents rose by 90.59% to CNY 303.56 million, primarily due to increased bank loans and borrowings[38]. - Accounts receivable increased by 136.00% to CNY 1,228.74 million, attributed to higher sales and outstanding payments[39]. - The company's inventory grew by 162.06% to CNY 415.32 million, driven by increased contract performance costs in data center projects[39]. - The company's fixed assets increased by 89.46% to CNY 432.34 million due to the acquisition of fixed assets by its subsidiary[38]. - The total amount of accounts receivable increased to 1,228,743,492, representing 34.73% of total assets, up from 26.30% in the previous year, due to increased sales[109]. - Inventory rose to 415,319,798.7, making up 11.74% of total assets, an increase attributed to contract performance costs from subsidiaries[109]. Corporate Governance and Compliance - The company has established a comprehensive communication strategy with stakeholders to ensure transparency and effective information dissemination[19]. - The company will ensure that the financial statements comply with accounting standards and will be audited by a qualified accounting firm[157]. - The company has implemented an employee stock ownership plan and stock incentive plan to enhance employee engagement[193]. - The integrity status of the company and its controlling shareholders remained good, with no significant debts unpaid[192]. - The company did not experience any changes in the scope of consolidated financial statements compared to the previous year[184]. Legal and Regulatory Matters - The company is involved in several legal disputes, including a contract dispute with Guizhou Rongxin Technology Development Co., Ltd., which is currently pending mediation[189]. - There were significant litigation matters, including a case involving a claim of CNY 470,000 related to a sales dispute, which has been settled[188]. - The audit firm, Zhongqin Wanxin, has been engaged for 10 consecutive years, with an audit fee of CNY 1.10 million for the current period[185]. Performance Commitments - The company has made commitments regarding the performance of its subsidiaries, ensuring accountability for net profit shortfalls[156]. - The performance commitment period for Hebei Zhaohong is for the years 2019, 2020, and 2021[156]. - The performance commitments for Zhongke Tuoda are subject to annual audits by a qualified accounting firm[170]. - The cumulative compensation amount for performance commitments will be calculated based on the formula: (Cumulative committed net profit - Cumulative realized net profit) / Cumulative committed net profit * Transaction price[161].

Financial Performance - The company's operating revenue for 2020 was ¥1,359,149,249.46, representing a 60.56% increase compared to ¥846,521,153.95 in 2019[20]. - The net profit attributable to shareholders for 2020 was ¥64,525,836.24, up 44.65% from ¥44,607,320.75 in 2019[20]. - The net profit after deducting non-recurring gains and losses was ¥48,855,547.72, a 50.36% increase from ¥32,492,104.27 in 2019[20]. - The total assets at the end of 2020 reached ¥3,537,860,713.77, an 80.24% increase from ¥1,962,911,167.04 at the end of 2019[21]. - The basic earnings per share for 2020 was ¥0.1213, reflecting a 44.58% increase from ¥0.0839 in 2019[21]. - The company reported a net cash flow from operating activities of -¥435,227,337.27, which is a 223.87% decline compared to -¥134,384,799.82 in 2019[20]. - In 2020, the company's total revenue reached ¥1,360,849,249.46, representing a year-on-year increase of 61.31%[78]. - The information technology comprehensive solution business generated ¥684,104,570.64, accounting for 50.33% of total revenue, with a significant growth of 86.08% compared to the previous year[78]. - The supply chain business revenue surged by 211.00% to ¥448,732,343.07, increasing its share of total revenue from 17.04% to 33.02%[89]. - The smart manufacturing business experienced a decline of 32.36%, with revenue falling to ¥226,312,335.75, reducing its contribution to total revenue from 39.53% to 16.65%[89]. Business Expansion and Strategy - The company is expanding into new business areas such as smart manufacturing, data centers, and supply chain management, but faces risks related to market acceptance and insufficient customer accumulation[7]. - The company is actively pursuing market expansion strategies, although the success of new business ventures remains uncertain due to competitive pressures[7]. - The company aims to enhance its technology and service network to accelerate growth in non-banking sectors[32]. - The company aims to transition from subcontractor to general contractor in data center operations, enhancing its market position[34]. - The company is focusing on expanding its non-banking business areas, including new retail self-service terminals and government self-service terminals[32]. - The company is focusing on digital infrastructure and smart city solutions as key growth areas, aiming to leverage opportunities in digital transformation[56]. - The company has established a comprehensive service system covering 32 provincial capitals and municipalities, providing 7x24 hour service response[45]. - The company has made significant adjustments to its sales structure, focusing on four major business segments: smart manufacturing, information system integration, data center services, and supply chain services[89]. Research and Development - The company has achieved significant R&D results, with many protected by patents and software copyrights, but risks exist regarding technology leakage and loss of core technical personnel[9]. - The company is focusing on R&D in artificial intelligence and blockchain technologies to adapt to the evolving financial landscape[35]. - The company has developed a strategic partnership with major firms like Huawei and IBM, enhancing its service capabilities in information technology solutions[47]. - The company completed the development of an intelligent small seal control system aimed at enhancing efficiency and reducing risks associated with seal usage[96]. - The company has successfully developed a document digitization management system using RFID technology, enhancing the efficiency of document management[97]. - The company has completed the development of a smart shared book disinfection cabinet, which has expanded its market share in the disinfection cabinet sector[98]. - The smart office service terminal project aims to enhance office automation and efficiency, with products ready for mass production[98]. - The intelligent cash processing system project has been completed, enhancing the competitiveness of the company's cash sorting product line[100]. Financial Management and Governance - The company's board of directors has confirmed the accuracy and completeness of the annual report, ensuring accountability for the financial statements presented[4]. - The company has implemented a quality management system certified by ISO9001, ISO14001, and other standards, ensuring high-quality production and service[46]. - The company ensures the independence of its financial department and accounting system[151]. - The company maintains independent assets and does not allow any illegal occupation of its funds or assets by other entities[151]. - The company has established a complete and independent organizational structure to ensure proper governance[152]. - The company has fulfilled all commitments made by actual controllers and shareholders during the reporting period[149]. - The company will ensure that related transactions are conducted at fair market prices and comply with relevant laws and regulations[154]. Risks and Challenges - The company's goodwill on the consolidated balance sheet is valued at 352.1249 million yuan, indicating potential impairment risks if acquisitions do not achieve expected synergies or market competition intensifies[6]. - The company acknowledges risks associated with declining demand for cash-related products due to the rise of financial technology, which has impacted profit margins in certain product lines[7]. - The company emphasizes the importance of effective integration of acquired businesses to mitigate goodwill impairment risks and enhance operational performance[6]. - The company reported a credit impairment loss of CNY -21,728,387.39, which is -13.17% of total revenue, indicating challenges in receivables collection[114]. Shareholder and Dividend Information - The company reported a cash dividend of 0.17 yuan per 10 shares (including tax) based on a total of 528,943,475 shares, with no bonus shares issued[9]. - The cash dividend for 2020 is set at 0.17 yuan per 10 shares, totaling 8,992,039.08 yuan distributed to shareholders[140]. - The total cash dividend, including other methods, amounts to 33,401,506.4 yuan, representing 20.99% of the total profit distribution[143]. - The company will not conduct capital reserve transfers or issue bonus shares in the 2020 profit distribution plan[144]. - The cash dividend amount in 2020 was 64,525,836.24, representing 13.94% of the net profit attributable to ordinary shareholders[148]. - The cash dividend amount in 2019 was 44,607,320.75, which accounted for 20.16% of the net profit attributable to ordinary shareholders[148]. - The cash dividend total for 2020, including other forms, was 51.76% of the net profit attributable to ordinary shareholders[148]. Legal and Compliance Matters - The company is currently involved in a pending lawsuit against Wuxi Xiding Technology Co., Ltd. with a claim amount of 631,250 RMB[194]. - The company completed a share repurchase program, acquiring 3,000,000 shares, representing 0.56% of the total share capital, at a total cost of approximately 24.41 million RMB[199]. - The share repurchase was conducted between February 13 and March 9, 2020, with prices ranging from 7.64 RMB to 8.50 RMB per share[199]. - The company has implemented an employee stock ownership plan approved by the board on February 9, 2020[198]. - The integrity status of the company and its controlling shareholders is reported to be good, with no significant debts overdue[197].

Financial Performance - The company's operating revenue for Q1 2021 was ¥423,829,147.03, representing a 369.27% increase compared to ¥90,317,100.55 in the same period last year[8]. - The net profit attributable to shareholders was ¥1,576,252.80, a significant turnaround from a loss of ¥9,142,785.64 in the previous year, marking a 117.24% improvement[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,301,319.35, compared to a loss of ¥12,440,052.07 last year, reflecting a 110.46% increase[8]. - The basic earnings per share increased to ¥0.0030 from a loss of ¥0.0172, showing a 117.44% improvement[8]. - The total assets at the end of the reporting period were ¥3,629,510,761.93, up 2.59% from ¥3,537,860,713.77 at the end of the previous year[8]. - The net assets attributable to shareholders decreased by 3.03% to ¥886,743,668.90 from ¥914,493,359.58 at the end of the previous year[8]. - The net cash flow from operating activities was negative at -¥212,175,284.91, worsening by 29.39% compared to -¥163,987,090.19 in the same period last year[8]. - The weighted average return on equity improved to 0.17% from -1.05% in the previous year, an increase of 1.22 percentage points[8]. Revenue and Costs - Revenue surged by 369.27% to ¥423,829,147.03, driven by significant income from the data center project of a subsidiary[21]. - Operating costs increased by 415.86% to ¥352,894,528.95, correlating with the rise in revenue[22]. - Cash received from sales increased by 84.45% to ¥990,878,483.62, reflecting a substantial rise in sales[22]. - The company reported a 51.98% increase in management expenses to ¥14,385,423.83, primarily due to increased share-based payment expenses[22]. Contracts and Projects - The company signed a significant construction contract with Taiji Computer Co., Ltd. for the Langfang Yunfeng Data Center project, with a total contract value of 602.12 million yuan[26]. - The company has signed multiple procurement contracts related to the Langfang Yunfeng Data Center project, with total amounts including 152.38 million yuan and 86.38 million yuan for various construction and equipment supply[27]. - The company is actively involved in the construction of the Langfang Yunfeng Data Center, which includes multiple phases and various engineering tasks[30]. - The company has a total of 13 signed contracts for the Langfang Yunfeng Data Center project, with a cumulative value exceeding 400 million yuan[30]. - The total amount of signed procurement contracts reached CNY 729,639,318.29, with various projects including the Langfang Yunfeng Data Center[32]. - The company confirmed sales revenue of CNY 794,291,780.34 from signed sales contracts, with major contracts including CNY 163,021,257.10 from Lenovo Cloud[32]. Shareholder and Equity Information - The total number of ordinary shareholders at the end of the reporting period was 71,736[12]. - The company repurchased a total of 3,000,000 shares, accounting for 0.56% of the total share capital, with a total payment of RMB 37,332,528[54]. - The company acquired the remaining 30% equity of Shijiazhuang Huijin Supply Chain Management Co., Ltd. for RMB 39.87 million, making it a wholly-owned subsidiary[59]. - The company changed the name of its subsidiary from "Hebei Delanite Electromechanical Technology Co., Ltd." to "Hebei Huijin Electromechanical Co., Ltd."[57]. - The company completed the change of its full name from "Hebei Huijin Electromechanical Co., Ltd." to "Hebei Huijin Group Co., Ltd."[60]. Cash Flow and Liquidity - Cash and cash equivalents decreased by 70.80% to ¥88,627,361.11 due to increased payments for procurement, taxes, and fixed asset purchases[20]. - The company's cash and cash equivalents decreased from RMB 303,558,522.65 on December 31, 2020, to RMB 88,627,361.11 on March 31, 2021[74]. - The net cash flow from investment activities was -19,399,171.26 CNY, a decrease from -29,780,580.31 CNY in the previous period, indicating improved cash management[97]. - The net cash flow from financing activities was 18,140,294.63 CNY, down from 253,156,206.04 CNY, reflecting a significant reduction in financing inflows[98]. - The ending balance of cash and cash equivalents was 86,345,458.71 CNY, a significant decrease from 216,847,379.88 CNY, indicating liquidity challenges[98]. Strategic Initiatives - The company is focusing on expanding its market presence through strategic partnerships and project collaborations in the data center sector[26]. - The company is committed to enhancing its technological capabilities through the development of new products and services related to data center operations[30]. - The company is exploring further market expansion opportunities and potential mergers and acquisitions to strengthen its competitive position[30]. - The company has established a new subsidiary for land acquisition and industrial park development, enhancing its operational footprint[37]. Research and Development - Research and development expenses for Q1 2021 were CNY 4,560,478.92, up from CNY 3,574,723.45 in the same period last year, showing an increase of approximately 27.5%[87]. - The company reported no significant changes in its core technology team or major R&D projects during the reporting period[33].