Financial Performance - The company's revenue for Q3 2021 was CNY 385,634,808.97, representing an increase of 81.67% year-over-year[3]. - The net profit attributable to shareholders decreased by 26.38% to CNY 8,660,738.48 in Q3 2021, while the year-to-date net profit increased by 354.70% to CNY 31,479,482.84[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 145.93% to CNY 5,333,441.13 for Q3 2021, with a year-to-date increase of 286.28% to CNY 22,821,593.75[3]. - The company reported a basic earnings per share of CNY 0.03 for Q3 2021, a decrease of 25.00% year-over-year[3]. - The net profit for Q3 2021 was CNY 21,671,194.71, a significant recovery from a net loss of CNY 11,219,948.93 in the same period last year[31]. - The total profit before tax was CNY 28,006,018.95, compared to a loss of CNY -21,681,755.51 in the same quarter last year[30]. - The company achieved a basic and diluted earnings per share of CNY 0.12, recovering from a loss of CNY -0.05 per share in Q3 2020[31]. Assets and Liabilities - The total assets at the end of Q3 2021 were CNY 4,357,459,107.70, a 24.75% increase compared to the end of the previous year[3]. - As of September 30, 2021, total assets amounted to CNY 4,357,459,107.70, up from CNY 3,492,994,151.56 at the end of 2020, indicating a growth of about 25%[26]. - Total current liabilities reached CNY 1,720,249,978.38, compared to CNY 1,547,713,103.29 in the previous period, marking an increase of about 11%[27]. - The company's total liabilities and equity combined were approximately CNY 3.493 billion[39]. - The company's equity attributable to shareholders was approximately CNY 1.748 billion, with total equity amounting to approximately CNY 1.791 billion[39]. Cash Flow - The company's cash flow from operating activities showed a negative net amount of CNY -171,505,910.97 year-to-date, a decrease of 638.85%[3]. - Cash flow from operating activities increased by 17.55% year-on-year to ¥959,717,148.67, attributed to higher cash receipts from sales[13]. - The total cash and cash equivalents at the end of the period stood at CNY 230,044,376.29, an increase from CNY 115,189,538.05 year-over-year[34]. - The company's investment activities resulted in a net cash outflow of CNY -147,060,976.64, compared to CNY -127,566,060.31 in the previous year[34]. - The financing activities generated a net cash inflow of CNY 262,515,975.01, an increase from CNY 130,039,541.77 in Q3 2020[34]. Inventory and Costs - The company's inventory increased by 131.72% to CNY 534,463,698.07 compared to the beginning of the year[7]. - Operating costs rose by 138.19% year-on-year to ¥804,378,256.55, in line with the growth in operating revenue[11]. - The total operating costs for Q3 2021 amounted to CNY 1,107,006,668.96, compared to CNY 559,154,792.31 in Q3 2020, reflecting a 97.8% increase[30]. - Research and development expenses increased to CNY 74,745,884.45, up from CNY 48,148,464.25, marking a 55.3% year-over-year growth[30]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 37,858[17]. - The largest shareholder, Changsha Huaneng Self-Control Group Co., Ltd., holds 31.69% of shares, totaling 90,615,331 shares, with 65,795,979 shares pledged[17]. - Guangzhou Chengxin Chuangye Investment Co., Ltd. holds 4.42% of shares, totaling 12,649,692 shares[17]. - The top 10 shareholders collectively hold significant stakes, with the first three alone accounting for over 37% of total shares[17]. - The company has a total of 6,613,145 shares under lock-up agreements, with 600,000 shares added during the reporting period[21]. Corporate Actions and Future Outlook - The company has not disclosed any new product developments or market expansion strategies in the current report[19]. - There is no mention of future guidance or performance outlook in the provided documents[19]. - The report indicates that there are no preferred shareholders or related changes in preferred stock holdings[19]. - The company has not reported any mergers or acquisitions in the current reporting period[19]. - The company plans to exercise its early redemption rights for the convertible bonds on November 19, 2021, at a redemption price of CNY 100.276 per bond[23].

证券代码：300490 证券简称：华自科技 公告编号：2021-101 债券代码：123102 债券简称：华自转债 华自科技股份有限公司 关于参加 2021 年湖南辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步强化与投资者的互动交流，使广大投资者能更深入全面地了解华自 科技股份有限公司（以下简称"公司"）的经营情况，公司将参加由中国证券监 督管理委员会湖南监管局主办、湖南省上市公司协会与深圳市全景网络有限公司 协办的"2021 年湖南辖区上市公司投资者网上集体接待日"活动，现将有关事 项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登陆"全景·路演天下"网站（http://rs.p5w.net）参 与本次投资者集体接待日活动，活动时间为 2021 年 9 月 24 日（星期五）下午 15:00－17:00。 届时公司董事会秘书、财务总监及证券事务代表将通过网络在线交流形式就 投资者关心的问题进行沟通与交流，欢迎广大投资者积极参与。 特此公告。 华自科 ...

Financial Performance - The company's operating revenue for the reporting period was ¥744,692,317.10, representing a 129.06% increase compared to ¥325,104,570.59 in the same period last year[32]. - The net profit attributable to shareholders was ¥22,818,744.36, a significant turnaround from a loss of ¥24,122,966.83 in the previous year, marking a 194.59% improvement[32]. - The net profit after deducting non-recurring gains and losses was ¥17,488,152.61, compared to a loss of ¥14,419,772.87 last year, reflecting a 221.28% increase[32]. - The total assets at the end of the reporting period were ¥4,202,626,254.33, up 20.32% from ¥3,492,994,151.56 at the end of the previous year[32]. - The net assets attributable to shareholders increased by 8.64% to ¥1,898,809,216.50 from ¥1,747,870,527.11 at the end of the previous year[32]. - The company's revenue for the reporting period reached ¥744,692,317.10, a significant increase of 129.06% compared to ¥325,104,570.59 in the same period last year[68]. - Operating costs rose to ¥531,070,915.00, reflecting a 164.54% increase due to the corresponding rise in revenue[68]. - The company reported a significant increase in cash inflow from investment activities, reaching ¥40,318,045.93, up 15,777.86% year-on-year[69]. - Investment income amounted to 877,762.44, representing 3.30% of total profit, primarily from gains on investments in associates, which are sustainable[75]. - The company reported a fair value loss of 21,300.00, accounting for 0.08% of total profit, which is not sustainable[75]. - The company reported a net profit of 1,748.82 million CNY for the current period, a significant increase of 221.28% compared to a net loss of 1,441.98 million CNY in the same period last year[195]. Accounts Receivable and Liquidity - The accounts receivable balance at the end of the reporting period was 1,013.38 million RMB, accounting for 24.11% of total assets[8]. - The company has experienced growth in accounts receivable, which may lead to liquidity risks if debts are not collected in a timely manner[8]. - Accounts receivable stood at 1,013,383,996.4, accounting for 24.11% of total assets, showing a decrease of 2.10% from the previous year[77]. - Accounts receivable at the end of the reporting period amounted to 1,013,384,000 CNY, representing 24.11% of total assets, indicating a potential liquidity risk if debts are not collected timely[107]. Investment and Capital Expenditure - The company plans to use the proceeds from the issuance of convertible bonds, totaling 670 million RMB, for projects including new energy automatic detection equipment and a water treatment membrane manufacturing base[15]. - The company plans to expand its production capacity through the successful launch of the water treatment membrane manufacturing base project, aligning with market demand[45]. - The company has invested RMB 14.6 million in the water treatment membrane manufacturing project, achieving 100% of the planned investment[94]. - The company has invested RMB 14.58 million in working capital, achieving 81.75% of the planned investment[94]. - The company has temporarily invested RMB 58 million of idle raised funds in financial products[95]. Risks and Challenges - The company faces risks related to tax incentives, which could impact operating results if policies change[7]. - The ongoing COVID-19 pandemic poses risks to the company's operations, particularly in overseas markets[14]. - The company is actively monitoring the impact of the COVID-19 pandemic on its operations, especially in overseas markets, and is adjusting its business strategies accordingly[111]. - The company has recognized goodwill from acquisitions, which may be subject to impairment if the acquired companies do not perform as expected[12]. - The company is facing risks related to tax policy changes that could affect its tax benefits, particularly regarding VAT on software products[107]. Technological Innovation and Market Strategy - The company emphasizes the importance of continuous technological innovation to maintain market share and product value[9]. - The company focuses on automation, information technology, and intelligent technology, providing core hardware and software products and system solutions for the new energy and environmental protection sectors[39]. - The company aims to maintain and expand its customer base while exploring new markets domestically and internationally[11]. - The company aims to capitalize on the opportunities presented by the national "carbon peak and carbon neutrality" strategy to accelerate low-carbon transformation in the energy sector[43]. - The company is actively exploring new energy management and storage solutions, including the HZ3000-MEMS energy management system to address issues like energy waste and load instability[58]. - The company aims to enhance its market share and profitability by leveraging its brand and capital advantages, focusing on core business, and expanding both domestic and international markets[110]. Corporate Governance and Shareholder Engagement - The company does not plan to distribute cash dividends or issue bonus shares[16]. - The company held its first temporary shareholders' meeting on January 20, 2021, with an investor participation rate of 44.80%[116]. - The annual shareholders' meeting for 2020 had a participation rate of 42.16% on April 20, 2021[116]. - A second temporary shareholders' meeting was held on June 29, 2021, with a participation rate of 42.51%[116]. - The company has implemented a stock incentive plan for 288 core management and technical personnel to stimulate innovation and enhance employee loyalty[109]. Environmental and Social Responsibility - The company is committed to environmental governance, aligning with national policies to enhance ecological protection and pollution control efforts[53]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[123]. - The company established a "Hua Zi Technology Employee Assistance Fund" to support employees facing short-term financial difficulties[125]. - The company provided over 100 internship opportunities to students from local universities during the reporting period[125]. Debt and Financing - The company issued convertible bonds, resulting in a bond payable of ¥531,026,772.81[70]. - The company has restricted cash totaling 112,881,765.58, primarily due to bank acceptance bills and guarantee deposits[80]. - The company maintained a loan repayment rate of 100% during the reporting period[195]. - The company has no outstanding corporate bonds or preferred shares as of the reporting date[186][183]. Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 31,434[175]. - The largest shareholder, Changsha Huanneng Zikong Group Co., Ltd., holds 38.05% of the shares, totaling 97,473,031 shares, with 77,276,079 shares pledged[175]. - Guangzhou Chengxin Venture Capital Co., Ltd. holds 5.94% of the shares, totaling 15,217,392 shares[175]. - The company has not conducted any repurchase transactions among the top 10 ordinary shareholders during the reporting period[178].

Financial Performance - The company's operating revenue for Q1 2021 was ¥266,439,409.73, representing a 118.93% increase compared to ¥121,701,421.23 in the same period last year[9] - Net profit attributable to shareholders was ¥3,348,951.31, a significant turnaround from a loss of ¥14,489,328.67 in the previous year, marking a 123.11% improvement[9] - The net profit after deducting non-recurring gains and losses was ¥118,060.47, compared to a loss of ¥14,910,050.39 in the same period last year, reflecting a 100.79% increase[9] - The basic earnings per share improved to ¥0.01 from a loss of ¥0.06, representing a 116.67% increase[9] - The weighted average return on equity was 0.19%, up from -0.85% in the same period last year, indicating a 1.04% improvement[9] - The company reported a gross profit margin of approximately 1.4% for Q1 2021, compared to a negative margin in the previous period[66] - The total comprehensive income for the first quarter was -13,213,026.89 CNY, compared to -293,533.84 CNY in the previous year, indicating a worsening financial position[71] Assets and Liabilities - The company's total assets increased by 22.04% to ¥4,262,835,296.32 from ¥3,492,994,151.56 at the end of the previous year[9] - The net assets attributable to shareholders rose by 7.84% to ¥1,884,933,645.53 from ¥1,747,870,527.11 at the end of the previous year[9] - The accounts receivable balance at the end of the reporting period was 905.76 million yuan, accounting for 21.25% of total assets, indicating potential liquidity risks[38] - Total current liabilities rose to CNY 1,666,715,028.14 from CNY 1,547,713,103.29, which is an increase of approximately 7.7%[58] - The company's total liabilities increased to CNY 2,337,526,857.26 from CNY 1,702,319,657.60, reflecting a growth of about 37%[58] - The company's equity increased to CNY 1,720,327,861.09 in Q1 2021 from CNY 1,599,826,720.87 in the previous period[62] Cash Flow - The net cash flow from operating activities was -¥46,819,463.97, an improvement of 22.33% compared to -¥60,278,373.49 in the previous year[9] - Cash and cash equivalents at the end of the period totaled CNY 829,234,377.06, a significant increase of 699.44% compared to CNY 103,726,276.32 at the beginning of the period[28] - The net cash flow from financing activities surged by 1,073.90%, totaling CNY 605,086,992.38, driven by increased financing activities[27] - The cash inflow from financing activities grew by 280.20% year-on-year, primarily due to increased funds raised from the issuance of convertible bonds[29] - The net cash flow from investing activities increased by 35.69% compared to the same period last year, mainly due to a decrease in cash outflow from investment activities[29] Shareholder Information - The company reported a total of 21,497 common shareholders at the end of the reporting period[13] - The largest shareholder, Changsha Huanneng Self-Control Group Co., Ltd., held 38.05% of the shares, amounting to 97,473,031 shares[13] - The top five customers contributed 50.64% of the total operating revenue, up from 47.63% in the same period last year[35] Research and Development - Research and development expenses rose by 61.30% to CNY 22,363,992.84, reflecting the company's commitment to increasing R&D investment[25] - The company is focusing on R&D in energy storage and multi-energy IoT technology, enhancing its product offerings to meet market demands[33] Market Strategy - The company plans to strengthen its market expansion efforts in the new energy sector, leveraging existing technology reserves and customer resources[39] - The company plans to leverage its brand and financial advantages to optimize quality resources in the industry, aiming to enhance profitability and risk resistance[40] COVID-19 Impact - The company is actively monitoring the impact of the COVID-19 pandemic on its operations and is adjusting its business arrangements accordingly[41] - The ongoing global COVID-19 pandemic may affect the company's overseas business expansion in the short term[40] - The company has implemented measures to ensure employee safety and minimize the pandemic's impact on its business development[42] Other Information - The company has not yet utilized the raised funds as of March 31, 2021, and the feasibility of the investment projects has not undergone significant changes[47] - There is a risk of goodwill impairment due to the acquisition of Jing Shi Machinery and Grant, depending on their future performance[40] - The company reported no violations regarding external guarantees during the reporting period[49] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[50] - The company did not engage in any research, communication, or interview activities during the reporting period[51]

Financial Performance - In 2020, the company's operating revenue decreased significantly compared to the previous year, with a notable decline due to the impact of the COVID-19 pandemic[6]. - The company's operating revenue for 2020 was ¥1,162,285,734.05, a decrease of 19.22% compared to ¥1,438,860,202.69 in 2019[24]. - The net profit attributable to shareholders for 2020 was ¥30,060,733.41, down 65.82% from ¥87,936,350.60 in 2019[24]. - The company reported a net profit of ¥42,420,083.32 in Q4 2020, marking a recovery from losses in the first three quarters[26]. - The company's weighted average return on equity for 2020 was 1.70%, down from 5.14% in 2019[24]. - The net profit after deducting non-recurring gains and losses for 2020 was ¥17,138,202.46, an increase of 5.72% from ¥16,210,417.96 in 2019[24]. - The company reported a total net profit of ¥29,389,300.20 in Q4 2020 after deducting non-recurring gains and losses, indicating a strong quarter performance[26]. - The company achieved a total operating revenue of ¥1,162,285,734.05 in 2020, representing a decrease of 19.22% compared to ¥1,438,860,202.69 in 2019[79]. - The automation and information sector generated ¥407,955,429.29, accounting for 35.09% of total revenue, down 27.24% year-on-year[79]. - The new energy and intelligent equipment segment reported revenue of ¥242,297,137.62, which is a 20.85% decrease from the previous year[79]. - The environmental and water treatment products and services segment earned ¥430,473,871.60, reflecting a decline of 6.88% compared to 2019[79]. Cash Flow and Assets - The net cash flow from operating activities increased significantly by 233.52% to ¥140,470,473.59 in 2020, compared to ¥42,117,772.54 in 2019[24]. - The total assets at the end of 2020 reached ¥3,492,994,151.56, an increase of 11.11% from ¥3,143,845,168.21 at the end of 2019[24]. - Cash and cash equivalents increased by 160.64 million yuan, a growth of 73.88%, attributed to higher cash inflows from sales and improved net cash flow from operating activities[63]. - The total assets at the end of 2020 included cash and cash equivalents of 378,065,488.41 yuan, representing 10.82% of total assets[105]. - The company's fixed assets increased to 483,446,904.76 yuan, accounting for 13.84% of total assets, mainly due to the completion of water treatment membrane production facilities[106]. - The company reported a significant adjustment in accounts receivable, decreasing by ¥120,227,833.32, while contract assets increased by the same amount due to reclassification[184]. - The company recognized a contract liability of ¥219,890,077.41, reflecting the obligation to transfer goods to customers for payments received[184]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 0.2 yuan per 10 shares (including tax) to all shareholders, based on a total of 256,171,546 shares[14]. - The total distributable profit for the year was RMB 226,829,930.41, with the cash dividend accounting for 100% of the profit distribution[164]. - The cash dividend for 2019 was RMB 7,688,506.38, which was 8.74% of the net profit attributable to ordinary shareholders[169]. - The cash dividend for 2018 was RMB 13,096,990.25, representing 12.96% of the net profit attributable to ordinary shareholders[169]. - The company has consistently maintained a cash dividend payout ratio of at least 80% during its mature development stage[164]. - The company did not propose any stock bonus or capital reserve transfer for the year 2020[167]. Risks and Challenges - The company faced risks related to tax incentives, which could adversely affect operating results if policies change[7]. - The company experienced operational disruptions due to the pandemic, affecting research, production, and sales, with ongoing challenges in overseas business expansion[14]. - The company must enhance management capabilities and talent acquisition to cope with the increasing complexity of its organizational structure due to business expansion[10]. - The company has identified approximately 150 major water conservancy projects with a total planned investment of about 1.29 trillion RMB from 2020 to 2022, which is expected to drive direct and indirect investments of 6.6 trillion RMB[151]. - The company has established a task force to monitor and assess the impact of the COVID-19 pandemic on its operations and overseas expansion[159]. Technological Innovation and Development - Continuous technological innovation is crucial for the company to maintain market share and enhance product value, with risks associated with talent retention and core technology leakage[9]. - The company has certain technological reserves and customer resources in the new energy sector, which will be critical for future market breakthroughs[12]. - The company invested ¥80.67 million in R&D in 2020, accounting for 6.94% of its revenue, and holds 322 patents, including 69 invention patents[65]. - The company launched several innovative products, including the HZ-CES energy storage system and upgraded HZ3000-MEMS energy management system, enhancing its technological capabilities[75]. - The company is focusing on the integration of IT and OT networks to enhance industrial automation, driven by national strategies like "Made in China 2025" and "Industry 4.0"[47]. - The company is actively exploring new energy management technologies and business models, including energy storage and distributed generation systems, to address challenges in the clean energy sector[60]. Market Expansion and Strategy - The company aims to expand its market share in energy, environmental protection, and industrial control sectors, leveraging its expertise in automation and information technology[33]. - The company aims to expand its market share in the automation and information technology sectors, particularly in water conservancy and hydropower, leveraging its established channels along the Belt and Road Initiative[52]. - The company is positioned to benefit from the smart grid construction, with a target automation coverage of 90% in distribution networks by 2020[46]. - The company plans to increase production capacity with the launch of a new water treatment membrane manufacturing base in October 2020[41]. - The company is focusing on continuous innovation in technology to maintain its competitive edge in the market[156]. Partnerships and Collaborations - The company has formed strategic partnerships with Siemens and Hikvision to enhance capabilities in industrial automation and smart water management[68]. - The company has established long-term partnerships with international firms like Schneider, ABB, and Siemens, enhancing its capabilities in power design and automation systems[143]. - The company has established stable partnerships with well-known enterprises such as COFCO Group and Dongpeng Ceramics, leveraging its reputation and technological advancements in industrial automation systems[58]. Compliance and Governance - The company has committed to avoiding any direct or indirect competition with its subsidiaries, including Jing Shi Machinery and Grant, ensuring no conflicts of interest arise[175]. - The company has pledged to conduct any necessary related transactions at market prices and in compliance with relevant laws and regulations to protect the interests of Huazi Technology and its shareholders[175]. - The company has confirmed compliance with commitments made regarding the management of company interests and operational independence[181]. - The company has reiterated its commitment to compliance with corporate governance standards and regulations in all its operations[176].

Financial Performance - Net profit attributable to shareholders was CNY 11,763,616.92, down 60.82% year-on-year[9]. - Operating revenue for the reporting period was CNY 212,274,285.93, a decline of 33.32% compared to the same period last year[9]. - Basic earnings per share were CNY 0.04, a decrease of 66.67% compared to the same period last year[9]. - The company reported a net profit attributable to shareholders of CNY -12,359,349.91 for the year-to-date, a decrease of 122.02% compared to the previous year[9]. - Operating revenue decreased by 39.74% year-on-year, with a net loss attributable to shareholders of the parent company of 122.02%[24]. - The company reported a total operating revenue of CNY 537,378,856.52 for the year-to-date, a decrease of 39.8% from CNY 891,752,966.98 in the previous year[56]. - The company's net profit for Q3 2020 was -11,219,948.93 CNY, a significant decrease compared to a net profit of 53,798,053.35 CNY in the same period last year, representing a decline of approximately 120.8%[57]. - The company's operating profit for Q3 2020 was -22,208,545.99 CNY, compared to an operating profit of 57,741,158.83 CNY in the same quarter last year, reflecting a decline of approximately 138.5%[57]. - Total comprehensive income for Q3 2020 was -11,219,948.93 CNY, contrasting with a comprehensive income of 53,798,053.35 CNY in the same quarter last year[59]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,111,386,130.31, a decrease of 1.03% compared to the end of the previous year[9]. - The company's total liabilities increased to CNY 1,375,435,742.56 from CNY 1,341,101,287.31, reflecting a rise of approximately 2.55%[41]. - Total liabilities reached CNY 1,341,101,287.31, with current liabilities at CNY 1,303,594,137.30 and non-current liabilities at CNY 37,507,150.01[76]. - The total equity attributable to shareholders decreased to CNY 1,694,446,358.83 from CNY 1,764,776,724.06, a decline of about 3.95%[42]. - The company reported a decrease in prepayments by CNY 107,033,869.64, now classified under contract liabilities[75]. - The total assets and liabilities combined reached ¥2,503,901,604.74[81]. Cash Flow - The net cash flow from operating activities was CNY 18,660,609.63, an increase of 155.00% year-on-year[9]. - Operating cash inflow increased by 4.51% year-on-year, driven by higher cash receipts from sales of goods and services[28]. - The net cash flow from operating activities was -39,385,592.83, compared to -158,089,773.95 in the previous period, indicating an improvement[70]. - Cash inflow from operating activities totaled 573,478,454.23, up from 370,670,910.31 in the previous period[69]. - The net cash flow from investing activities was -27,244,156.08, compared to -44,713,347.56 in the previous period, showing a reduction in cash outflow[70]. - The total cash and cash equivalents at the end of the period was 16,398,824.51, down from 39,434,343.05 in the previous period[71]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,762[13]. - The largest shareholder, Changsha Huaneng Self-Control Group Co., Ltd., held 38.03% of the shares[13]. Government Support - The company received government subsidies amounting to CNY 8,407,606.49 during the reporting period[10]. Changes in Financial Assets and Liabilities - The company's trading financial assets decreased by 99.93% from the beginning of the period, primarily due to the repurchase and cancellation of performance compensation shares and the disposal of trading financial assets[21]. - Prepayments increased by 96.49% from the beginning of the period, reaching CNY 84,122,919.35[21]. - Other receivables rose by 87.48% from the beginning of the period, totaling CNY 68,903,465.67[21]. - Fixed assets increased by 30.60% from the beginning of the period, amounting to CNY 369,884,391.94[21]. - Long-term borrowings increased to CNY 78,713,052.00, marking full growth from the previous period[21]. - The company's employee compensation payable decreased by 76.68%, down to CNY 4,608,516.50[21]. - Deferred income tax liabilities dropped by 82.73%, totaling CNY 2,331,671.75[21]. - The company's other current liabilities decreased by 48.61%, amounting to CNY 58,361,923.64[21]. - Contract assets increased significantly, reflecting the implementation of the new revenue recognition standards since January 1, 2020[22]. - The company implemented new revenue recognition standards starting January 1, 2020, affecting the reporting of contract liabilities and assets[76].

证券代码：300490 证券简称：华自科技 公告编号:2020-076 华自科技股份有限公司 | --- | --- | |-------|----------------------------------------------------------------------| | | 关于参加 2020 年度湖南辖区上市公司投资者网上集体接待日活动的公告 | | | 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 | | | 载、误导性陈述或重大遗漏。 | 为进一步加强与广大投资者的沟通交流，华自科技股份有限公司（以下简称 "公司"）将于 2020 年 9 月 11 日（星期五）参加由中国证券监督管理委员会湖南 监管局指导，湖南省上市公司协会与深圳市全景网络有限公司联合举办的"2020 年度湖南辖区上市公司投资者网上集体接待日活动"。现将有关事项公告如下： 本次投资者网上接待日活动将通过深圳市全景网络有限公司提供的互联网平 台举行，投资者可登录"全景·路演天下"网站（http://rs.p5w.net）或关注微 信公众号"全景财经"参与本次活动。本次活动时间为 2020 年 9 月 ...

Financial Performance - The company's operating revenue for the reporting period was ¥325,104,570.59, a decrease of 43.30% compared to ¥573,384,787.10 in the same period last year[29]. - The net profit attributable to shareholders was -¥24,122,966.83, representing a decline of 192.42% from ¥26,102,632.05 in the previous year[29]. - The net cash flow from operating activities was -¥41,873,255.39, an improvement of 13.16% compared to -¥48,217,186.53 in the same period last year[29]. - Total assets at the end of the reporting period were ¥3,014,041,098.47, down 4.13% from ¥3,143,845,168.21 at the end of the previous year[29]. - The company reported a significant increase in non-operating losses, totaling -¥9,703,193.96, primarily due to fair value changes in trading financial assets[33]. - The company’s total liabilities decreased to CNY 1,240,451,747.49 from CNY 1,341,101,287.31, reflecting a decrease of about 7.5%[187]. - The company's equity attributable to shareholders decreased to CNY 1,732,965,250.85 from CNY 1,764,776,724.06, a decline of approximately 1.8%[188]. - The net profit for the first half of 2020 was a loss of CNY 23,863,532.45, compared to a profit of CNY 25,123,007.88 in the same period of 2019[195]. Accounts Receivable and Liquidity - The accounts receivable balance at the end of the reporting period was 867.56 million RMB, accounting for 28.78% of total assets, indicating a potential liquidity risk if debts are not collected in a timely manner[7]. - The total amount of accounts receivable was 867,563,722.50 yuan, accounting for 28.78% of total assets, a decrease of 2.97% compared to the previous year[81]. - The company has implemented strict accounts receivable management to reduce bad debt risks and ensure timely collection of payments[119]. Business Segments and Market Strategy - The company operates in three main business segments: "Automation and Information Technology Products and Services," "New Energy and Intelligent Equipment," and "Environmental Protection and Water Treatment Products and Services"[36]. - The company aims to expand its customer base while retaining existing clients across its three main business segments: automation and information products, new energy and intelligent equipment, and environmental protection and water treatment services[11]. - The company continues to focus on expanding its overseas market presence while maintaining a strong domestic market foundation[39]. - The company is focusing on expanding its market share in the water conservancy and hydropower sectors, leveraging the "Belt and Road" initiative to tap into explosive growth in automation and information markets[54]. Risks and Challenges - The ongoing COVID-19 pandemic has impacted the company's R&D, production, and sales activities, particularly affecting overseas operations[14]. - The company faces risks related to the integration of acquired companies, such as Jingxi Electromechanical and Grant, which may affect operational performance if not managed effectively[12]. - The company recognizes the risk of goodwill impairment following the acquisitions, which could adversely affect its financial performance[120]. - The company has established an emergency response team to monitor and assess the impact of the pandemic on its operations[121]. Innovation and R&D - The company emphasizes the importance of continuous technological innovation to maintain market share and enhance product value, highlighting potential risks if innovation capabilities are insufficient[9]. - The company is committed to developing new technologies and products within its three main business segments to enhance its competitive edge[36]. - The company plans to enhance its independent innovation and R&D capabilities through the water conservancy and hydropower control engineering technology research center project[106]. - Research and development investment was ¥30,890,479.99, down 27.08% from the previous year[72]. Investment and Financing - The total amount of raised funds is RMB 55,245.49 million, with all funds fully utilized[101]. - The company plans to issue convertible bonds with a scale not exceeding 670 million RMB, which has been approved by the Shenzhen Stock Exchange on August 12, 2020[156]. - The company has a long-term investment strategy focusing on technology development and market expansion[98]. - The company reported an investment income of 730,061.66 yuan, which accounted for -2.52% of total profit[79]. Shareholder and Equity Information - The total number of ordinary shareholders at the end of the reporting period was 15,994[166]. - The largest shareholder, Changsha Huanneng Self-Control Group Co., Ltd., holds 38.13% of the shares, totaling 93,478,260 shares[167]. - The company has not experienced any changes in its controlling shareholder during the reporting period[169]. - The total number of shares held by the top ten unrestricted shareholders includes significant holdings from various investment firms and individuals[168].

华自科技股份有限公司 2020 年第一季度报告全文 华自科技股份有限公司 2020 年第一季度报告 2020-031 2020 年 04 月 1 华自科技股份有限公司 2020 年第一季度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人黄文宝、主管会计工作负责人陈红飞及会计机构负责人(会计主 管人员)邓红霞声明：保证季度报告中财务报表的真实、准确、完整。 2 华自科技股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 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 第一节 重要提示 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 121,701,421.23 | 216,444,442.40 | -43.77% | | 归属于上市公司股东的净利润（元） | -14,489,328.67 | 3,7 ...

Financial Performance - The company's operating revenue for 2019 was ¥1,438,860,202.69, representing a 4.27% increase compared to ¥1,379,966,749.07 in 2018[29]. - The net profit attributable to shareholders for 2019 was ¥87,936,350.60, a decrease of 12.95% from ¥101,021,362.36 in 2018[29]. - The net profit after deducting non-recurring gains and losses was ¥16,210,417.96, down 81.84% from ¥89,244,475.61 in the previous year[29]. - The net cash flow from operating activities improved to ¥42,117,772.54, a significant increase of 137.39% compared to -¥112,638,377.88 in 2018[29]. - The total assets at the end of 2019 were ¥3,143,845,168.21, reflecting a 13.53% increase from ¥2,769,119,440.07 at the end of 2018[29]. - The net assets attributable to shareholders increased by 5.43% to ¥1,764,776,724.06 from ¥1,673,819,350.26 in 2018[29]. - The basic earnings per share for 2019 was ¥0.34, a decrease of 20.93% from ¥0.43 in 2018[29]. - The weighted average return on equity was 5.14%, down from 7.49% in 2018, indicating a decline in profitability[29]. - The company reported a quarterly revenue of ¥547,107,235.71 in Q4 2019, the highest among the four quarters[31]. - The net profit attributable to shareholders in Q4 2019 was ¥31,811,529.94, showing a strong performance in the last quarter of the year[31]. Dividends and Shareholder Returns - The company will distribute a cash dividend of 0.3 yuan per 10 shares (including tax) based on a base of 256,283,546 shares[15]. - In 2019, the company distributed cash dividends of RMB 7,688,506.38, with a dividend of RMB 0.3 per 10 shares, representing 100% of the total profit distribution[170]. - The company has a history of consistent cash dividend distribution, with previous years' dividends being RMB 11,429,331.35 in 2017 and RMB 13,096,990.25 in 2018[173]. - The cash dividend for 2017 was 11,429,331.3, which was 20.01% of the net profit attributable to ordinary shareholders[174]. - The company reported a cash dividend of 7,688,506.38 in 2019, which represents 8.74% of the net profit attributable to ordinary shareholders[174]. Market Expansion and Strategic Initiatives - The company plans to expand into new markets, including military industries, to seek broader growth opportunities[11]. - The company aims to maintain and expand its customer base while developing new clients to ensure continued growth[11]. - The company signed contracts worth approximately 10,056.85 million RMB and 14,996 million RMB for projects in Africa and Uzbekistan, respectively, showcasing its expansion in international markets[41]. - The company aims to capture growth opportunities in the water conservancy and hydropower automation markets in countries along the Belt and Road Initiative[60]. - The company is focusing on enhancing its market share in the military-civilian integration strategy, particularly in new product development and service improvement[61]. Technological Innovation and R&D - The company emphasizes the importance of continuous technological innovation to maintain market share and enhance product value[9]. - Research and development expenses amounted to CNY 88.52 million, accounting for 6.15% of total revenue, with 698 technical personnel holding 290 patents and 117 software copyrights[68]. - The company launched or upgraded multiple research outcomes in areas such as ecological flow, waste-to-energy, and energy management, enhancing product competitiveness[69]. - The company has established a scientific and technological association to enhance innovation and R&D capabilities[106]. - The company received CMMI Level 5 certification, which supports its technology development[106]. Financial Risks and Management - The company faces risks related to tax incentives, which could adversely affect operating results if policies change[6]. - The company acknowledges the impact of the COVID-19 pandemic on its operations, particularly in research, production, and sales[15]. - The company is exposed to goodwill impairment risks following the acquisitions if the performance of the acquired companies does not meet expectations[14]. - The accounts receivable balance at the end of the reporting period was 948.60 million yuan, accounting for 30.17% of total assets, indicating potential liquidity risks if collections are delayed[160]. - The company implemented a strict accounts receivable management system to reduce bad debt risk, ensuring timely collection of payments and controlling financial risks[162]. Subsidiaries and Acquisitions - The company has increased its subsidiary count through investments and acquisitions, necessitating improved management and talent development[10]. - The company has completed acquisitions of Jingxi Electromechanical and Grant, which require thorough integration to maintain competitive advantages[12]. - After acquiring Jing Shi Ji Dian and Grant, the company faces integration risks in technology R&D, marketing, and management, which could adversely affect operations if not managed properly[163]. - The subsidiary Grant has made significant advancements in advanced catalytic oxidation technology and membrane separation technology, which have been successfully applied in engineering projects[79]. - The company established Hunan Kampur Environmental Technology Co., Ltd. to focus on the development and production of water treatment membranes, although it has not yet commenced production[151]. Compliance and Commitments - The company has committed to providing accurate and complete information, ensuring no false records or misleading statements exist[176]. - The commitments made by the controlling shareholders and related parties have been fulfilled during the reporting period[176]. - The company has a long-term commitment to maintain the integrity and accuracy of the information disclosed[177]. - There were no violations of commitments by the company during the reporting period[177]. - The company is actively engaged in ensuring compliance with regulatory requirements regarding information disclosure[177]. Financial Position and Assets - The accounts receivable balance at the end of the reporting period was RMB 948.60 million, accounting for 30.17% of total assets, with no significant changes reported[115]. - Cash and cash equivalents at year-end were 217,429,846.76, constituting 6.92% of total assets, an increase due to bank loans for operational needs[115]. - The company’s goodwill decreased to 646,341,684.96, accounting for 20.56% of total assets, primarily due to impairment based on asset evaluation reports[115]. - The company reported a significant increase in other current liabilities to 113,574,825.50, which is 3.61% of total assets, attributed to unconfirmed endorsements of bills[115]. - The company has adopted new financial instruments and revenue recognition standards starting January 1, 2019, impacting the classification of certain financial assets[116].