Financial Performance - The company's operating revenue for 2019 was ¥215,563,253.83, a decrease of 47.51% compared to ¥410,702,318.34 in 2018[24]. - The net profit attributable to shareholders was -¥225,769,171.13, representing a decline of 2,322.27% from ¥10,159,391.88 in the previous year[24]. - The net cash flow from operating activities increased by 56.35% to ¥134,767,164.80 from ¥86,195,913.20 in 2018[24]. - The total assets at the end of 2019 were ¥1,339,643,647.48, down 24.43% from ¥1,772,707,729.95 at the end of 2018[24]. - The net assets attributable to shareholders decreased by 34.33% to ¥720,069,881.08 from ¥1,096,476,531.85 in 2018[24]. - The company reported a basic earnings per share of -¥2.42, a decrease of 2,300.00% from ¥0.11 in 2018[24]. - The company reported a total profit of -200.34 million yuan, a decrease of 1063.36% compared to the same period last year[48]. - The net profit attributable to shareholders was -225.77 million yuan, down 2322.27% year-on-year[48]. - The basic earnings per share were -2.42 yuan, a decline of 2300% compared to the previous year[48]. - Total operating revenue for 2019 was 215.56 million yuan, a decrease of 47.51% compared to 410.70 million yuan in 2018[52]. Market and Competitive Landscape - The company faces risks related to new product development, including the rapid updates and player preference changes in the gaming industry[4]. - The competitive landscape in the mobile gaming industry poses a risk to the company's performance if it fails to develop new high-quality games[5]. - The company acknowledges the risk of its gaming products entering a decline phase if timely updates and marketing efforts are not maintained[9]. - The company experienced a significant decline in mobile single-player game development due to a drop in smartphone shipments starting in 2018[35]. - The company has established a leading advantage in the Southeast Asian market with multiple game products launched in Thailand and Indonesia, leveraging existing marketing and payment service channels for better overseas market penetration[38]. - The company is focusing on expanding its overseas market presence while optimizing existing resources and exploring new development opportunities[47]. - The company plans to continue exploring overseas markets, with domestic revenue from self-developed games increasing from ¥1,643.9 billion in 2018 to ¥1,895.1 billion in 2019[37]. Regulatory and Compliance Issues - Regulatory changes in the internet industry may adversely affect the company's operational performance, especially for projects conducted overseas[8]. - The company is committed to adhering to the disclosure requirements set by the Shenzhen Stock Exchange for its internet gaming business[11]. - The company has ensured compliance with relevant laws and regulations regarding the use and disclosure of raised funds, with no reported violations[97]. Research and Development - The company has a strong R&D team with extensive experience in mobile game development, enabling it to effectively respond to market demands and continuously launch quality games[42]. - Research and development expenses for 2019 were ¥23,278,409.79, a decrease of 32.79% compared to 2018, primarily due to restructuring and streamlining of R&D departments[71]. - R&D investment for 2019 was ¥23,538,846.14, which is 10.92% of operating revenue[72]. - Investment in R&D increased by 30%, focusing on new technologies and product innovations to enhance competitive advantage[130]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 0.15 RMB per 10 shares to all shareholders, based on a total of 93,340,000 shares[12]. - The cash dividend represents 100% of the total distributable profit of RMB 340,791,372.22 for the year[118]. - The cash dividend for 2018 was RMB 0.20 per 10 shares, totaling RMB 1,866,800.00, which accounted for 18.38% of the net profit attributable to shareholders[121]. - The cash dividend for 2019 is subject to approval at the annual general meeting[120]. - The cash dividend distribution for 2019 is the lowest in the last three years compared to previous years[121]. Strategic Acquisitions and Investments - The company acquired 100% of Shenzhen Youle Changxiang Technology Co., Ltd. for CNY 75.80 million on October 17, 2019[66]. - The company disposed of its 100% stake in Huizhou Yingledar Industrial Co., Ltd. for CNY 52 million on January 23, 2019[67]. - The company reported a profit of 5,309.28 million yuan for the acquisition of Zhonglian Changxiang (Shenzhen) Network Technology Co., Ltd., which fell short of the original forecast of 7,500 million yuan due to domestic restrictions on game licenses[133]. - The company acquired 67% equity of Zhonglian Changxiang (Shenzhen) Network Technology Co., Ltd. for a total investment of approximately 30,868.44 million yuan, with an actual investment of 3,282.76 million yuan, achieving a funding progress of 100.17%[99]. Operational Efficiency and Cost Management - The company aims to improve operational efficiency, targeting a 5% reduction in costs through process optimization[125]. - The company reported a significant reduction in labor costs by 89.91%, down to CNY 1.22 million from CNY 12.11 million year-over-year[64]. - Total operating costs decreased by 52.05% to CNY 82.75 million, with procurement costs accounting for 62.72% of total costs[64]. Future Outlook and Growth Strategies - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[126]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on innovative technology solutions[125]. - The company aims to enhance its game development capabilities and expand its market presence through self-operated, investment, and acquisition strategies[108]. - The company plans to focus on new project development to retain diverse gaming players and improve user payment rates[109]. - The company is actively pursuing market expansion strategies in Southeast Asia to mitigate domestic market challenges[136]. Management and Governance - The company has maintained a stable management team with no significant changes in the reporting period[193]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 2.6854 million yuan[199]. - The remuneration for directors and supervisors is determined by the shareholders' meeting, while senior management remuneration is decided by the board of directors[199]. - The company has not faced any penalties from securities regulatory agencies for the past three years regarding its current and former directors, supervisors, and senior management[199].

深圳市盛讯达科技股份有限公司 2019 年第三季度报告全文 深圳市盛讯达科技股份有限公司 2019 年第三季度报告 2019-045 2019 年 10 月 1 深圳市盛讯达科技股份有限公司 2019 年第三季度报告全文 第一节 重要提示 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。 公司负责人陈湧锐、主管会计工作负责人叶燕珍及会计机构负责人(会计主 管人员)叶燕珍声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市盛讯达科技股份有限公司 2019 年第三季度报告全文 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 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,797,457,150.39 | 1,772,707,729.95 | | 1.40% | | 归属于上市公司股东的净 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2019, representing a 20% growth compared to the same period in 2018[20]. - Total revenue for the reporting period was ¥103,735,685.47, a decrease of 43.44% compared to the same period last year[26]. - Net profit attributable to shareholders was ¥14,434,682.83, an increase of 712.04% year-over-year[26]. - Basic and diluted earnings per share rose to ¥0.15, reflecting a 650.00% increase from ¥0.02 in the prior year[26]. - The company reported a significant increase in cash and cash equivalents, up 30.14% to ¥56,250,100.00, primarily due to increased operating cash inflow and proceeds from the sale of a subsidiary[35]. - The company reported a net profit contribution of 10.76 million RMB from the sold equity, which accounted for 132.37% of the total net profit during the reporting period[79]. - The company’s net profit for the first half of 2019 was approximately ¥22.6 million, a significant increase from ¥1.8 million in the same period of 2018, representing a growth of over 1,200%[151]. - The company reported a significant increase in investment income to CNY 25.61 million in the first half of 2019, compared to CNY 5.32 million in the same period of 2018[150]. User Growth and Market Expansion - User data indicates that the active user base has grown to 10 million, marking a 15% increase year-over-year[20]. - Market expansion efforts include entering Southeast Asian markets, with an expected revenue contribution of 10 million RMB in the next fiscal year[20]. - The company has positioned itself in the Southeast Asian gaming market, leveraging early entry advantages and local partnerships[39]. - The company plans to leverage its subsidiary's existing marketing and payment service channels in Southeast Asia to promote and operate game products[33]. Product Development and Innovation - The company plans to launch three new game titles by the end of 2019, aiming to capture a larger market share in the competitive mobile gaming sector[20]. - The company is investing 50 million RMB in research and development for new gaming technologies to enhance user experience and engagement[20]. - The company has 11 patents and 820 software copyrights as of June 30, 2019, reflecting its commitment to innovation and intellectual property[41]. - Research and development expenses decreased by 48.76% to RMB 12.77 million, as the company streamlined its R&D structure[48]. Financial Management and Investments - The company will not distribute cash dividends for the current fiscal year, opting to reinvest profits into growth initiatives[13]. - The company has identified potential acquisition targets in the gaming industry to bolster its portfolio and increase market presence[20]. - The company committed a total investment of CNY 46,006.05 million, with a cumulative investment of CNY 44,474.15 million, achieving a progress rate of 96.67%[72]. - The acquisition of 67% equity in Zhonglian Changxiang (Shenzhen) Network Technology Co., Ltd. involved a total investment of CNY 30,868.44 million, with a cumulative investment of CNY 27,637.5 million, representing a progress rate of 89.53%[72]. Operational Efficiency - Net cash flow from operating activities increased by 285.22% to ¥53,331,020.71, compared to a negative cash flow in the previous year[26]. - Operating cash flow generated from operating activities was RMB 53.33 million, a significant increase of 285.22% compared to the previous year, due to improved management of receivables and supplier turnover[48]. - The company reported a significant decrease in operating costs, with software product and service costs dropping by 97.32% to ¥136,067.47[55]. Regulatory and Market Risks - Regulatory risks related to internet gaming policies are acknowledged, with the company monitoring changes that could impact operations[10]. - The company faces risks related to new product development, market competition, core personnel turnover, and industry policy changes[83][84][85]. - The company conducts thorough market and regulatory research before entering new markets to mitigate risks associated with regulatory changes[88]. Shareholder and Corporate Governance - The company does not plan to distribute cash dividends or issue bonus shares for the half-year period[92]. - The company has committed to not transferring or entrusting the management of its shares for 36 months following its initial public offering, except for publicly selling part of its shares during the IPO[93]. - The company’s major shareholder has pledged that if the stock price falls below the issue price for 20 consecutive trading days, the lock-up period for their shares will automatically extend by 6 months[93]. - The company has fulfilled its commitments regarding share transfer restrictions as of the reporting date[94]. Financial Reporting and Compliance - The financial report for the first half of 2019 has not been audited[97]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring compliance and transparency in financial reporting[183]. - The company has confirmed its ability to continue as a going concern for at least 12 months from the reporting date, indicating financial stability[184].

Financial Performance - The company's operating revenue for 2018 was CNY 410.70 million, representing a 68.83% increase compared to CNY 243.27 million in 2017[23]. - The net profit attributable to shareholders decreased by 83.93% to CNY 10.16 million from CNY 63.23 million in 2017[23]. - The net profit after deducting non-recurring gains and losses was CNY 4.66 million, down 91.94% from CNY 57.81 million in 2017[23]. - The net cash flow from operating activities increased by 116.68% to CNY 86.20 million from CNY 39.78 million in 2017[23]. - The total assets at the end of 2018 were CNY 1,772.71 million, a 19.95% increase from CNY 1,477.83 million at the end of 2017[23]. - The basic earnings per share decreased by 83.82% to CNY 0.11 from CNY 0.68 in 2017[23]. - The weighted average return on net assets fell to 0.93% from 5.90% in 2017, indicating a significant decline in profitability[23]. - The company achieved a revenue of CNY 410.70 million in 2018, representing a growth of 68.83% compared to the previous year, primarily due to the rapid expansion of its value-added telecommunications business, which generated CNY 174.48 million, a growth of 261.77%[42]. - The company’s operating profit was CNY 24.59 million, a decline of 61.01% compared to the previous year, and total profit decreased by 68.09% to CNY 20.80 million[43]. Market and Competition - The mobile gaming industry is experiencing rapid growth, leading to increased competition; failure to develop new quality games may result in a decline in market share[6]. - The company recognizes the risk of market competition affecting its performance, as the mobile gaming sector is experiencing rapid growth and increasing competition[97]. - The company aims to enhance user retention and payment rates through the development of multiple new game projects[95]. - The company plans to expand its game operations by seeking agency or co-operation opportunities for popular game products in 2019[96]. Risks and Challenges - The company faces risks related to new product development, including the need to continuously launch successful games to meet player preferences and market demands[5]. - Regulatory risks are highlighted, particularly the impact of a nine-month suspension of game approvals in 2018, which significantly affected the domestic gaming industry[9]. - The company acknowledges the risk of game product life cycles, where failure to update and promote existing games could lead to rapid revenue decline[10]. - Intellectual property risks are present, as misunderstandings regarding IP rights could result in litigation and potential product modifications[11]. - The company has implemented strict measures to mitigate intellectual property risks, including enhancing employee awareness and seeking clear cooperation agreements[100]. Acquisitions and Investments - The company acquired Zhonglian Changxiang, focusing on overseas markets, particularly in Southeast Asia, enhancing its market presence[32]. - The company reported a significant increase in equity assets by CNY 127.08 million, a growth of 1,137.99% due to multiple investments and acquisitions[33]. - The company acquired a 67% stake in Zhonglian Changxiang for CNY 502.5 million, with CNY 276.38 million already paid as of December 31, 2018[60]. - The actual net profit of Zhonglian Changxiang for 2018 was 61.0984 million yuan, exceeding the commitment of 60 million yuan, achieving a completion rate of 101.83%[117]. - The company established a wholly-owned subsidiary, Huizhou Yingleda Industrial Co., Ltd., with a registered capital of 51.1524 million yuan in September 2018[121]. Shareholder and Governance - The company reported a profit distribution plan to distribute a cash dividend of 0.20 RMB per 10 shares (including tax) to all shareholders, based on 93,340,000 shares[12]. - The company plans to distribute dividends in cash or a combination of cash and stock, with a minimum of 15% of the distributable profit for the year being allocated in cash if there are no major investment plans or cash expenditures[115]. - The company has committed to repurchasing shares in accordance with the approved plan to stabilize stock prices, adhering to relevant laws and regulations[114]. - The company has a long-term commitment to avoid engaging in competitive businesses that may conflict with its operations, ensuring compliance with the Company Law of the People's Republic of China[115]. - The company emphasizes transparency and communication with investors, ensuring their rights and interests are protected[142]. Operational Efficiency - The company established a data-driven operational system to enhance business quality and profitability, focusing on user behavior analysis and real-time data collection[38]. - The company has a total of 11 patents and 810 software copyrights as of December 31, 2018, with one new invention patent granted during the reporting period[39]. - The company has established a competitive compensation system to attract talented individuals and promote long-term development[174]. - The company plans to enhance its training system in 2019 to improve training efficiency and effectiveness[175]. Financial Management - The company reported a significant increase in revenue from third-party gaming platforms, which totaled CNY 41.55 million, reflecting a year-on-year increase of 2,352.99%[54]. - The total investment amount for the reporting period reached CNY 1,075,864,872.40, representing a 61.27% increase compared to the previous year's investment of CNY 667,102,885.02[74]. - The company has a total of 121 employees in the parent company and 126 in major subsidiaries[172]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 2.6132 million yuan[168]. Compliance and Internal Control - The company received a standard unqualified audit opinion for the financial statements for the year ended December 31, 2018[199]. - The company has maintained compliance with environmental protection regulations and is not listed as a key pollutant discharge unit[144]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with shareholders[181]. - There were no significant internal control deficiencies identified during the reporting period[192].

Financial Performance - Total revenue for Q1 2019 was ¥55,107,775.13, a decrease of 13.01% compared to ¥63,347,820.03 in the same period last year[8] - Net profit attributable to shareholders was ¥17,901,429.18, representing a significant increase of 383.75% from ¥3,700,543.91 year-on-year[8] - Basic earnings per share rose to ¥0.19, up 375.00% from ¥0.04 in the same period last year[8] - The company reported a net profit margin decline due to increased operating costs and reduced revenue[46] - Net profit for Q1 2019 reached ¥22,237,016.86, up from ¥3,700,543.91 in the same period last year, reflecting a growth of approximately 499%[47] - The total comprehensive income for Q1 2019 was ¥20,635,036.17, compared to ¥3,699,191.66 in the previous year, marking an increase of about 457%[48] - Operating revenue for Q1 2019 was ¥25,837,817.90, down from ¥55,406,924.50 in the previous year, indicating a decline of approximately 53%[50] - The total profit for Q1 2019 was ¥27,151,554.04, compared to ¥3,970,474.99 in the previous year, showing a substantial increase[47] Cash Flow - Net cash flow from operating activities reached ¥28,746,014.57, a remarkable increase of 296.81% compared to a negative cash flow of ¥14,605,722.56 in the previous year[8] - The company reported a net cash inflow from operating activities of ¥2,874.60 million, a 296.81% increase due to improved receivables collection[18] - Cash flow from operating activities for Q1 2019 was ¥66,607,095.54, compared to ¥77,176,220.06 in the previous year, indicating a decrease of about 13%[54] - The total cash inflow from operating activities amounted to CNY 61,187,466.68, compared to CNY 82,210,304.12 previously[59] - The net increase in cash and cash equivalents for the period was CNY 99,133,521.43, contrasting with a decrease of CNY 23,577,446.62 in the prior period[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,825,189,146.14, an increase of 2.96% from ¥1,772,707,729.95 at the end of the previous year[8] - Total liabilities increased to CNY 623,566,850.57 in Q1 2019 from CNY 593,200,256.81 in Q1 2018[44] - The company's total equity as of March 31, 2019, was CNY 1,123,004,682.89, up from CNY 1,110,322,086.71 in the previous year[44] - The total current assets as of March 31, 2019, are CNY 475.45 million, an increase from CNY 383.95 million at the end of 2018[37] - Total assets amounted to CNY 1,772,707,729.95, with non-current assets totaling CNY 1,388,753,007.45[63] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,106[12] - Major shareholder Chen Yongrui holds 44.76% of the shares, with a total of 41,779,152 shares, of which 41,749,794 are pledged[12] Investment and R&D - Investment income surged by 736.59% to ¥2,528.32 million, primarily from the sale of a subsidiary[17] - The company’s R&D expenses decreased by 37.88% to ¥669.98 million, due to restructuring efforts[17] - Research and development expenses for Q1 2019 were ¥3,082,865.32, significantly lower than ¥10,283,263.95 in the previous year, showing a reduction of about 70%[50] Operational Strategy - The company plans to continue executing its annual business plan without adjustments, focusing on quality game development and cautious project expansion[23] - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[46] Financial Adjustments - The company has implemented new financial instrument standards effective from January 1, 2019, affecting the classification of financial assets[65] - The company reported a financial expense of ¥4,099,046.42 in Q1 2019, which increased from ¥2,801,845.73 in the previous year, reflecting a rise of approximately 46%[50] Non-Recurring Items - Non-recurring gains and losses amounted to ¥24,384,666.78, primarily from the disposal of a subsidiary and government subsidies[9] Audit Status - The first quarter report was not audited, indicating preliminary financial results[71]

Financial Performance - The company's operating revenue for 2018 was CNY 410.70 million, an increase of 68.83% compared to CNY 243.27 million in 2017[24]. - The net profit attributable to shareholders decreased by 83.93% to CNY 10.16 million from CNY 63.23 million in 2017[24]. - The net profit after deducting non-recurring gains and losses was CNY 4.66 million, down 91.94% from CNY 57.81 million in 2017[24]. - The net cash flow from operating activities increased by 116.68% to CNY 86.20 million from CNY 39.78 million in 2017[24]. - The total assets at the end of 2018 were CNY 1,772.71 million, a 19.95% increase from CNY 1,477.83 million at the end of 2017[24]. - The basic earnings per share decreased by 83.82% to CNY 0.11 from CNY 0.68 in 2017[24]. - The weighted average return on equity fell to 0.93% from 5.90% in 2017, reflecting a significant decline in profitability[24]. - The company achieved operating revenue of CNY 410.70 million, a year-on-year increase of 68.83%, primarily due to the rapid expansion of its value-added telecommunications business, which generated CNY 174.48 million, up 261.77% year-on-year[43]. Market and Competition - The company faces risks related to the rapid development of mobile games, with increasing competition potentially impacting its market share and customer retention[7]. - The company emphasizes the importance of continuously developing new high-quality games to meet customer demands and expand market share[8]. - The company acknowledges the risk of losing core personnel, which is crucial for maintaining its competitive advantage in game development[9]. - The company is focused on expanding its market presence and developing new technologies to enhance its product offerings[6]. - The company aims to enhance user retention and payment rates through the development of multiple new game projects[96]. - The company is focusing on expanding its internet performance services and increasing the scale of its anchor team to stabilize and grow its market share[97]. - The company faces risks related to new product development, market competition, and potential regulatory changes that could impact its operations[98]. Regulatory and Compliance Risks - The company is affected by regulatory risks, particularly due to the nine-month suspension of game approvals in 2018, which significantly impacted the domestic gaming industry[10]. - The company is exposed to intellectual property risks, which could result in legal liabilities and impact its operational performance[12]. - The company has implemented strict measures to mitigate intellectual property risks, including enhancing employee awareness and seeking clear partnerships[101]. - The company conducts thorough market research and regulatory compliance checks before entering new markets[100]. - The company has committed to maintaining compliance with national laws and regulations in its game development and operations[101]. Acquisitions and Investments - The company acquired Zhonglian Changxiang, focusing on overseas markets, particularly in Southeast Asia, enhancing its market presence[33]. - The company reported a significant increase in equity assets by CNY 127.08 million, a growth of 1,137.99% due to multiple investments and acquisitions[34]. - The company acquired 67% of Zhonglian Changxiang for ¥502.5 million in July 2018, with a remaining payment of ¥226.13 million pending[61]. - The company acquired 67% of Zhonglian Changxiang (Shenzhen) Network Technology Co., Ltd. for a cash price of 502,500,000.00 yuan, which generated a net profit attributable to the parent company of 20,348,106.69 yuan during the holding period[93]. - The actual net profit of Zhonglian Changxiang for 2018 was 60.4739 million yuan, exceeding the commitment of 60 million yuan, achieving a completion rate of 100.79%[118]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 0.20 RMB per 10 shares to all shareholders, based on a total of 93,340,000 shares[13]. - The company distributed a cash dividend of RMB 1.10 per 10 shares, totaling RMB 10,267,400.00 (including tax) for the year 2017[105]. - The cash dividend for 2018 represents 18.38% of the net profit attributable to the company's ordinary shareholders[111]. - The company has a clear profit distribution policy that protects minority shareholders' rights and ensures transparency in decision-making[106]. Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management[4]. - The company has established a commitment to not sell shares below the initial public offering price within two years after the lock-up period[114]. - The company has a structured approach to appointing and managing its board members and executives, ensuring compliance with corporate governance standards[163]. - The company has established four committees within the board, including Audit, Strategy, Nomination, and Compensation Committees, each with three members[181]. - The company has maintained a stable management team, with key personnel such as the chairman and vice chairman holding their positions since 2011 and 2013 respectively[164]. Research and Development - The company has established a data analysis-based operation system to enhance business quality and profitability, focusing on user behavior[39]. - R&D investment accounted for 11.10% of operating revenue, with a total R&D expenditure of ¥45,605,452.46[66]. - The number of R&D personnel decreased to 134, down from 327, due to business restructuring[65]. - The company plans to enhance its training system in 2019 to improve training efficiency and effectiveness[176]. Operational Challenges - The company highlights the risk of game product lifecycle, where failure to update and promote existing games could lead to rapid revenue decline[11]. - The company experienced a decline in the gaming industry due to a halt in game license approvals for nearly ten months in 2018, impacting overall growth[33]. - The company reported a net loss of 19,333,833.04 yuan from its subsidiary, Lifeng Chuangda Investment Co., Ltd., due to insufficient rental income to cover depreciation and taxes[94]. Employee and Management Information - The company employed a total of 247 staff, with 134 being technical personnel, representing 54.3% of the workforce[173]. - Employee compensation accounted for CNY 12.1101 million, which is 4.16% of the total costs incurred by the company[175]. - The company has established a competitive compensation system to attract talented individuals and promote long-term development[175]. - The company’s board and management remuneration is determined based on profitability and performance evaluations[169].

深圳市盛讯达科技股份有限公司 2018 年第三季度报告全文 深圳市盛讯达科技股份有限公司 2018 年第三季度报告 2018-081 2018 年 10 月 1 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 深圳市盛讯达科技股份有限公司 2018 年第三季度报告全文 第一节 重要提示 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。 公司负责人陈湧锐、主管会计工作负责人叶燕珍及会计机构负责人(会计主 管人员)叶燕珍声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市盛讯达科技股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,803,118,204.05 | 1,477,829,999.29 | | 22.01% | | 归属于上市公司股东的 ...

Financial Performance - Total revenue for the first half of 2018 was CNY 183,398,015.63, representing an increase of 87.18% compared to CNY 97,978,675.82 in the same period last year[21]. - Net profit attributable to shareholders decreased by 96.02% to CNY 1,777,589.37 from CNY 44,609,066.53 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was CNY -5,134,883.34, a decline of 111.90% compared to CNY 43,136,128.40 in the previous year[21]. - Basic earnings per share fell by 96.02% to CNY 0.0190 from CNY 0.4779 year-on-year[21]. - The company achieved operating revenue of CNY 183.40 million, an increase of 87.18% compared to the same period last year[35]. - Net profit attributable to shareholders was CNY 1.78 million, a decrease of 96.02% year-on-year[35]. - Revenue from mobile software licensing and entrusted development was CNY 49.96 million, accounting for 27.24% of total revenue, down 40.96% year-on-year[35]. - Game operation revenue increased to CNY 34.96 million, a growth of 1,692.18% compared to the previous year[36]. - Internet performance service revenue reached CNY 13.18 million, up 101.39% year-on-year[36]. - Telecom business revenue was CNY 82.08 million, representing 44.75% of total revenue[36]. Cash Flow and Assets - The net cash flow from operating activities was CNY -28,793,889.44, a decrease of 202.25% from CNY 28,159,514.76 in the same period last year[21]. - Total assets at the end of the reporting period were CNY 1,483,378,819.50, a slight increase of 0.38% from CNY 1,477,829,999.29 at the end of the previous year[22]. - Cash and cash equivalents rose by CNY 32,789,100, an increase of 12.08%, mainly from the redemption of financial products[30]. - Accounts receivable increased by CNY 11,908,500, a growth of 10.85%, driven by revenue growth in telecommunications and gaming operations[31]. - Total cash inflow from operating activities was 179,403,796.02 CNY, compared to 108,704,095.32 CNY in the previous period, indicating a 65% increase[140]. - Cash and cash equivalents at the end of the period amounted to 302,591,986.64 CNY, compared to 466,509,002.67 CNY at the end of the previous period, reflecting a decrease of 35%[142]. Investment and Development - The company plans to enhance product development efficiency to adapt to rapid market changes and consumer interests[29]. - The company plans to continue expanding its mobile internet-related businesses while maintaining its focus on game development[35]. - The company plans to expand its market presence and invest in new product development, particularly in telecom and gaming sectors[42]. - The company has cumulatively invested ¥16.84 million of the raised funds, with ¥9.73 million allocated to mobile game product development and ¥7.11 million to cross-platform game operations[56]. - The company’s investment in the construction of the Shengxunda Building reached ¥181.81 million, with 91.45% of the project completed[54]. Risks and Challenges - The company faces risks related to new product development, market competition, and core personnel retention[5][6][7]. - The company anticipates risks in new product development due to rapid market changes and competition in the mobile gaming industry[69]. - The company emphasizes the importance of retaining high-quality talent to maintain its competitive edge in game development[70]. Governance and Compliance - The company plans to enhance its governance structure and operational mechanisms to ensure smooth implementation of business plans[70]. - The company has committed to complying with national laws and regulations in its game development and operations[70]. - The company has not reported any major asset or equity sales during the reporting period[64][65]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[63]. - There were no major litigation or arbitration matters during the reporting period[80]. Shareholder Information - The total number of shares outstanding is 93,340,000, with 49.87% being restricted shares[99]. - The largest shareholder, Chen Yongrui, holds 44.76% of the shares, totaling 41,779,152 shares, which are currently pledged[103]. - The company has a total of 13,226 common shareholders at the end of the reporting period[103]. Financial Reporting and Standards - The half-year financial report was not audited[78]. - The financial statements are prepared based on the accrual basis of accounting, in accordance with the relevant accounting standards[157]. - The company operates under the Chinese accounting standards and adheres to the relevant disclosure regulations[160]. - The company has not changed its consolidation scope during the reporting period, which includes six subsidiaries[156].

Financial Performance - Total revenue for Q1 2018 was ¥63,347,820.03, representing a 46.10% increase compared to ¥43,358,985.90 in the same period last year[8] - Net profit attributable to shareholders decreased by 80.82% to ¥3,700,543.91 from ¥19,291,455.66 year-on-year[8] - Net profit after deducting non-recurring gains and losses was -¥4,719,388.20, a decline of 125.93% compared to ¥18,199,647.82 in the previous year[8] - Basic and diluted earnings per share fell by 80.84% to ¥0.0396 from ¥0.2067 year-on-year[8] - The company's operating revenue for the current period reached ¥63,347,820.03, representing a 46.10% increase compared to ¥43,358,985.90 in the previous period, primarily due to new telecommunications business revenue[19] - The company achieved total operating revenue of 63.35 million yuan, a year-on-year increase of 46.10%[22] - Net profit attributable to shareholders was 3.70 million yuan, a year-on-year decrease of 80.82%[22] - The newly added telecommunications business generated revenue of 26.19 million yuan, accounting for 41.34% of total operating revenue[22] Cash Flow - Net cash flow from operating activities was -¥14,605,722.56, a decrease of 273.44% from ¥8,421,129.44 in the same period last year[8] - Cash flow from sales of goods and services increased by 79.87%, reaching ¥77,176,220.06 compared to ¥42,906,225.02 in the previous period, reflecting the growth in operating revenue[20] - The net cash flow from operating activities was -14.61 million yuan, a decrease of 273.44% compared to the previous year[21] - The company reported a total cash and cash equivalents balance of ¥247,751,041.04 at the end of Q1 2018, down from ¥839,017,361.72 at the end of Q1 2017[56] - The company generated cash inflows from operating activities totaling ¥85,441,581.20, compared to ¥46,943,828.39 in the previous year[55] - The cash outflows from operating activities amounted to ¥100,047,303.76, significantly higher than ¥38,522,698.95 in Q1 2017[55] Operating Costs and Expenses - Operating costs surged to ¥44,662,912.48, a 371.97% increase from ¥9,463,037.41, driven by the rise in operating revenue[19] - Total operating costs amounted to CNY 69,756,956.50, up from CNY 23,726,380.79 in the prior period[46] - The company’s income tax expense decreased significantly by 90.34% to ¥269,931.08 from ¥2,793,737.96, primarily due to a decline in total profit compared to the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,472,160,358.67, a slight decrease of 0.38% from ¥1,477,829,999.29 at the end of the previous year[8] - The total amount of other non-current assets increased by 505.77% to ¥5,256,124.21 from ¥867,671.03, primarily due to growth in prepaid engineering and decoration expenses[18] - The company’s other payables decreased by 37.31% to ¥4,639,987.20 from ¥7,402,005.94, mainly due to a reduction in payable project costs[18] - Total liabilities decreased to CNY 369,806,401.70 from CNY 379,882,590.19[44] - Shareholders' equity increased to CNY 1,120,569,566.14 from CNY 1,110,778,226.65[44] Investment Activities - The company reported a significant increase in investment income, amounting to ¥3,022,158.05, which is a 198.29% rise from ¥1,013,150.69, attributed to higher returns from financial products[19] - Cash received from investment redemption increased by 135.00% to 235 million yuan compared to the same period last year[21] - Cash paid for investments surged by 22,326.00% to 224.26 million yuan, primarily due to increased purchases of financial products[21] - The investment activities generated a net cash flow of ¥1,872,917.62, a decrease from ¥88,004,909.62 in the same period last year[56] Risks and Strategic Plans - The company faces risks related to new product development, market competition, and core personnel turnover, which could adversely affect operations[10] - The company aims to enhance its game development and operational advantages by attracting and retaining high-quality talent while ensuring compliance with relevant laws and regulations[11] - The company plans to continue executing its annual business plan without adjustments[24] Compliance and Governance - The company has no reported cases of non-compliance regarding the use and disclosure of raised funds[30] - There were no significant changes in the feasibility of projects or any non-operating fund occupation by controlling shareholders during the reporting period[33][34]

Financial Performance - The company's operating revenue for 2017 was CNY 243,269,491.90, an increase of 17.38% compared to CNY 207,248,460.91 in 2016 [20]. - Net profit attributable to shareholders decreased by 36.57% to CNY 63,226,991.08 from CNY 99,673,855.02 in the previous year [20]. - The net profit after deducting non-recurring gains and losses was CNY 57,809,884.98, down 38.15% from CNY 93,470,758.78 in 2016 [20]. - The net cash flow from operating activities was CNY 39,780,880.13, a decline of 55.01% compared to CNY 88,414,827.19 in 2016 [20]. - The total assets at the end of 2017 amounted to CNY 1,477,829,999.29, reflecting a 31.31% increase from CNY 1,125,455,556.39 at the end of 2016 [20]. - The company's game product licensing and commissioned development business generated revenue of CNY 163,101,000, accounting for 67.05% of total revenue, a decrease of 7.95% year-on-year [28]. - Revenue from internet performance services increased by 690.92% to CNY 22,976,100 from the previous year [29]. - The company reported a significant decrease in revenue from game operations, which fell by 84.90% to CNY 3,809,400 [29]. - The company’s cash and cash equivalents decreased by 62.93% to CNY 46,051,000 due to the acquisition of a subsidiary and debt repayment [30]. - The company’s fixed assets increased by 296.77% to CNY 79,627,700, primarily due to the purchase of research and development facilities [30]. - The company achieved a total revenue of CNY 243.27 million in 2017, representing a year-on-year growth of 17.38% [39]. - The gross margin for 2017 was reported at 45%, an improvement from 40% in the previous year [96]. Dividend Distribution - The company plans to distribute a cash dividend of 1.10 RMB per 10 shares to all shareholders, based on a total of 93,340,000 shares [9]. - The company distributed a cash dividend of CNY 1.65 per 10 shares in 2016, totaling CNY 15.40 million [79]. - In 2017, the cash dividend amount was 10,267,400.00, representing 16.24% of the net profit attributable to ordinary shareholders, which was 63,226,991.08 [85]. - The cash dividends for 2017 were lower than in 2016, indicating a potential shift in dividend policy or financial strategy [85]. Market Competition and Risks - The company emphasizes the risk of new product development, highlighting the fast-paced nature of the gaming industry and the need for continuous innovation to meet player preferences [5]. - The company faces significant market competition in the mobile gaming sector, with an increasing number of entrants, which could impact its ability to retain and attract customers [7]. - The company acknowledges the risk of core personnel turnover, stressing the importance of a stable and skilled development team for maintaining its competitive edge [8]. - The company’s future plans and forecasts are subject to risks, and investors are advised to be aware of the differences between plans, forecasts, and commitments [5]. - The company emphasizes the importance of continuous innovation in game development to meet market demands and enhance user experience [75]. - The company faces risks from market competition and the need to develop new premium games to retain and attract customers [75]. Corporate Governance and Compliance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management, ensuring accountability [3]. - The company is committed to complying with national laws and regulations in its game development and operations [76]. - The company has committed to ensuring the authenticity, accuracy, and completeness of the information provided in the major asset restructuring [86]. - The commitments made by the company's actual controllers and related parties have been fulfilled as of the reporting period [85]. - The company will suspend the transfer of shares if any information provided is found to be misleading or contains significant omissions during investigations [86]. - The company has not faced any violations of commitments as of the reporting date [86]. - The company is committed to legal responsibilities if any losses occur due to violations of the commitments made [86]. - The company has maintained compliance with relevant laws and regulations, ensuring the protection of shareholder interests [92]. - The company has not faced any administrative penalties or criminal charges in the last 36 months [91]. - The company has committed to maintaining an independent corporate governance structure and operational management system [91]. Research and Development - The company invested CNY 50.59 million in R&D, accounting for 20.80% of total revenue, a decrease from 28.67% in 2016 [49]. - The number of R&D personnel decreased to 327, representing 74.83% of the total workforce [49]. - The company has allocated 10 million RMB for research and development of new technologies in the upcoming fiscal year [95]. - The company continues to focus on innovation and expanding its product line, leveraging its experienced R&D team and stable customer resources [32]. Shareholder Engagement - The company emphasizes transparency and communication with investors, ensuring their rights to information and participation in shareholder meetings [127]. - The company has implemented a stable profit distribution policy to ensure reasonable returns for investors [127]. - The company’s annual and temporary shareholder meetings had participation rates of 74.13% and 64.92%, respectively, indicating strong shareholder engagement [169]. Management and Personnel - The company appointed a new general manager on August 18, 2017, following the expiration of the previous manager's term [149]. - The company has made significant changes in its management team, reflecting a strategic shift in leadership and governance [149]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to CNY 2.9293 million [155]. - The company employed a total of 437 staff members, with 327 being technical personnel, 43 in sales, and 8 in finance [158]. - The company has established a competitive and fair compensation policy to motivate employees and enhance productivity [160]. Internal Controls and Auditing - The company’s internal control system was found to be effective in all material respects according to the internal control audit [182]. - The audit opinion issued by Guangdong Zhengzhong Zhujiang Accounting Firm was a standard unqualified opinion [187]. - The company has engaged in auditing procedures to ensure the accuracy of financial statements and compliance with accounting standards [193]. - The company has not identified any significant internal control deficiencies during the reporting period [178].