深圳市盛讯达科技股份有限公司 2017 年第三季度报告全文 深圳市盛讯达科技股份有限公司 2017 年第三季度报告 2017-122 2017 年 10 月 1 深圳市盛讯达科技股份有限公司 2017 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。 第二节 公司基本情况 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王秀河及会计机构负责人(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 2017 年第三季度报告全文 非经常性损益项目和金额 √ 适用 □ 不适用 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） | 1,352,924,711.43 | 1,125,455,556.39 | ...

Financial Performance - Total revenue for the first half of 2017 was CNY 97,978,675.82, a decrease of 12.70% compared to CNY 112,235,605.80 in the same period last year[25]. - Net profit attributable to shareholders was CNY 44,609,066.53, down 9.63% from CNY 49,360,874.99 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was CNY 43,136,128.40, a decrease of 8.48% compared to CNY 47,135,139.14 last year[25]. - Basic earnings per share decreased by 32.23% to CNY 0.4779 from CNY 0.7052 in the same period last year[25]. - The company achieved operating revenue of 97.98 million yuan, a decrease of 12.70% compared to the same period last year[32]. - Net profit attributable to shareholders of the parent company was 44.61 million yuan, down 9.63% year-on-year[32]. - Game operation revenue was 1.95 million yuan, a significant decline of 89.18% compared to the previous year[33]. - Internet performance service revenue reached 6.54 million yuan, an impressive increase of 1,759.46% year-on-year[33]. - The total comprehensive income for the period was CNY 44,609,066.53, slightly lower than CNY 49,358,584.45 from the previous period[130]. - The company reported a net loss of CNY 15,401,100.00 for the period, indicating a significant impact on retained earnings[143]. Assets and Liabilities - Total assets increased by 14.81% to CNY 1,292,133,947.10 from CNY 1,125,455,556.39 at the end of the previous year[25]. - Total current liabilities increased significantly to CNY 162,535,739.73 from CNY 25,239,797.36, reflecting a growth of approximately 543.73%[123]. - The company's non-current assets totaled CNY 724,168,417.57, up from CNY 210,592,611.57, marking an increase of about 243.36%[122]. - The total liabilities at the end of the period were CNY 490,440,520.81, which reflects the company's financial obligations[146]. - The total equity at the end of the current period is CNY 1,081,388,149.83, with a capital reserve of CNY 490,440,520.81 and retained earnings of CNY 452,499,375.24[149]. Cash Flow - The company reported a net cash flow from operating activities of CNY 28,159,514.76, down 8.36% from CNY 30,729,266.24 in the previous year[25]. - The net cash flow from operating activities for the first half of 2017 was CNY 28,159,514.76, a decrease of 8.4% compared to CNY 30,729,266.24 in the same period last year[135]. - The net cash flow from investing activities was -CNY 298,534,617.35, significantly lower than -CNY 44,876,472.11 in the previous year[136]. - The net cash flow from financing activities was CNY 6,520,552.97, a sharp decline from CNY 508,683,786.25 in the prior year[136]. - The ending cash and cash equivalents balance was CNY 467,978,929.68, down from CNY 804,443,035.04 at the end of the previous period[136]. Customer Concentration and Risks - The company has a high customer concentration risk, with the top five customers accounting for 71.94% of total revenue[10]. - The company reported a client concentration risk, with the top five clients accounting for 71.94% of total revenue, indicating a high dependency on a limited number of customers[69]. - The company faces risks related to new product development, market competition, and potential loss of core personnel, which could adversely affect operations[68]. - The company plans to continue strengthening strategic cooperation with major clients to mitigate risks associated with customer concentration[69]. Investments and Financial Management - The total investment amount for the reporting period was $515.96 million, representing a dramatic increase of 1,054.38% compared to the previous year[51]. - The company has invested CNY 10,000.00 million in entrusted financial management, with actual returns of CNY 114.19 million during the reporting period[62]. - The company has committed a total investment of CNY 46,006.05 million, with a cumulative investment of CNY 5,448.34 million achieved by the end of the reporting period, representing 11.84% of the total commitment[58]. Corporate Governance and Compliance - The company plans to enhance its corporate governance structure to ensure smooth implementation of business plans[70]. - The company adheres strictly to national laws and regulations in game development and operations, ensuring legal compliance[70]. - There were no changes in the use of raised funds, and all disclosures complied with legal and regulatory requirements[59]. - The company is committed to maintaining compliance with securities regulations regarding shareholder reductions in stock holdings[77]. Shareholder Information - The total number of shareholders at the end of the reporting period is 24,384[106]. - The largest shareholder, Chen Yongrui, holds 44.76% of the shares, totaling 41,779,152 shares, with 35,000,000 shares pledged[106]. - A total of 23,447,205 restricted shares were released during the reporting period, leaving 46,552,795 restricted shares at the end[104]. - The company’s total share capital remains at 93,340,000 shares after the changes[100]. Operational Strategy - The company is committed to innovation and growth, focusing on becoming a leading provider of game products in China[39]. - The company maintained a stable customer base, continuing to expand partnerships with mobile terminal manufacturers and game publishers[36]. - All self-developed game projects undergo strict selection and targeted market analysis to improve entertainment value and user experience, aiming to create high-quality games that meet market demand[70]. Accounting and Financial Reporting - The company adheres to the Chinese Accounting Standards and ensures that the financial statements accurately reflect its financial position, operating results, and cash flows[163]. - The financial statements are prepared based on the assumption of going concern, indicating no significant issues affecting the company's ability to continue operations for at least 12 months from the reporting date[161]. - The company’s accounting policies and estimates are tailored to its operational characteristics, with specific policies detailed in sections related to receivables, fixed assets, and revenue[162].

Financial Performance - Total revenue for Q1 2017 was ¥43,358,985.90, a decrease of 10.85% compared to ¥48,637,216.12 in the same period last year[8] - Net profit attributable to shareholders was ¥19,291,455.66, an increase of 6.95% from ¥18,038,421.09 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥18,199,647.82, up 8.82% from ¥16,723,822.80 in the previous year[8] - Basic earnings per share decreased by 19.79% to ¥0.2067 from ¥0.2577 in the previous year[8] - The company achieved operating revenue of 43.36 million yuan and a net profit attributable to shareholders of 19.29 million yuan, representing a year-on-year growth of 6.95%[20] - Net profit for Q1 2017 reached CNY 19,291,455.66, an increase of 6.9% compared to CNY 18,038,421.09 in Q1 2016[43] - The company’s total profit for the period was CNY 22,121,287.62, an increase of 8.0% from CNY 20,495,420.03 in the previous year[46] Cash Flow and Investments - Operating cash flow for the period was ¥8,421,129.44, reflecting an increase of 8.03% compared to ¥7,795,337.47 in the same period last year[8] - Cash flow from investment activities showed a net inflow of 88,004,909.62 yuan, a 312.63% increase, mainly from the recovery of bank wealth management investments[19] - The net cash flow from investment activities was 88,004,909.62 CNY, compared to a negative cash flow of -41,388,045.35 CNY in the previous year[54] - The company received CNY 100,000,000.00 from investment recoveries during the quarter, indicating strong investment performance[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,149,167,343.31, a 2.11% increase from ¥1,125,455,556.39 at the end of the previous year[8] - Cash and cash equivalents at the end of the reporting period were CNY 839,017,361.72, an increase from CNY 731,838,502.82 at the beginning of the period[34] - Accounts receivable increased to CNY 75,224,213.33 from CNY 73,094,010.48, indicating a growth in sales or credit terms[34] - The total liabilities increased to CNY 81,403,980.98 from CNY 77,014,949.72, marking a rise of 5.0%[40] - The company's equity attributable to shareholders reached CNY 1,067,759,132.83, up from CNY 1,048,440,606.67, representing a growth of 1.9%[40] Customer and Supplier Concentration - The company faced risks related to new product development, market competition, and customer concentration, with the top five customers accounting for 67.77% of total revenue[10][11][13] - The top five suppliers accounted for 83.84% of total purchases, down from 87.70% in the previous year, reflecting a shift in procurement strategy[21] - The top five customers contributed 67.77% of total sales, up from 58.70% in the previous year, indicating a slight change in customer composition[22] Strategic Initiatives - The company plans to strengthen strategic cooperation with major clients to mitigate risks associated with customer concentration[13] - The company is actively pursuing a major asset restructuring, with stock trading suspended since December 13, 2016, and ongoing efforts to complete the restructuring process[23] Fundraising and Financial Management - Total funds raised in the current quarter amounted to CNY 45,991.48 million, with CNY 1,266.7 million invested[26] - Cumulative investment from raised funds reached CNY 2,346.03 million, with no changes in usage reported[26] - The company reported no significant changes in its fundraising project implementation or usage of funds[27] - The company has not encountered any violations regarding the use of raised funds or external guarantees[29][30] Other Financial Metrics - The company reported a significant increase in investment income of 1,013,150.69 yuan, driven by higher returns from bank wealth management products[19] - The financial expenses increased by 366.78% to -2,832,275.06 yuan, primarily due to increased interest income from raised funds[19] - The company plans to distribute a cash dividend of CNY 1.65 per 10 shares, totaling CNY 15,401,100.00[28] - There were no significant changes in the company's profit distribution policy during the reporting period[28] - The company’s first-quarter report was not audited[55]

Financial Performance - The company's operating revenue for 2016 was CNY 207,248,460.91, representing a 1.72% increase compared to CNY 203,737,080.81 in 2015[21]. - The net profit attributable to shareholders for 2016 was CNY 99,673,855.02, an increase of 8.18% from CNY 92,136,444.67 in 2015[21]. - The basic earnings per share for 2016 was CNY 1.22, down 7.58% from CNY 1.32 in 2015[21]. - The total assets at the end of 2016 reached CNY 1,125,455,556.39, a significant increase of 116.66% from CNY 519,451,946.68 at the end of 2015[21]. - The net assets attributable to shareholders at the end of 2016 were CNY 1,048,440,606.67, up 115.93% from CNY 485,544,617.07 at the end of 2015[21]. - The company reported a total of ¥49,500,000.00 in long-term borrowings, which accounted for 4.40% of total assets, attributed to specific loans for the construction of the Shengxunda Building[61]. - The company reported a net profit of 100 million RMB for the fiscal year 2016, representing a year-on-year increase of 20%[89]. - The company reported a total increase in cash and cash equivalents of ¥421,992,886.06, compared to an increase of ¥47,138,105.68 in the previous period[195]. Revenue Sources - The company maintained a stable client base, with 85.49% of revenue coming from mobile software licensing and entrusted development[29]. - Revenue from mobile software licensing and entrusted development was 177.19 million yuan, accounting for 85.49% of total revenue, with a decrease of 3.89% year-on-year[43]. - The game operation revenue surged by 44.67% to CNY 2.55 million, contributing 12.17% to total revenue[30]. - The internet performance service segment generated CNY 2.91 million in revenue, showcasing the company's entry into a growing market[31]. - The company focused resources on promoting key games, resulting in substantial growth in game operation revenue[37]. Customer and Market Risks - The company reported a customer concentration risk, with the top five customers accounting for 52.77% of total revenue[9]. - The company faces risks related to rapid market competition and the need for continuous development of new game products to retain and attract customers[6]. - The company plans to continue strengthening strategic cooperation with major clients to mitigate risks associated with customer concentration[9]. Investment and Expansion - The company invested CNY 8.25 million to acquire a 15% stake in a new venture, indicating strategic market expansion[32]. - The company plans to expand its internet performance services by leveraging its financial advantages and recruiting live streaming artists[38]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[90]. - A strategic acquisition of a local tech firm is anticipated to enhance the company's product offerings and market reach[89]. Shareholder and Governance - The company plans to distribute a cash dividend of 1.65 yuan per 10 shares, totaling 15,401,100 yuan, which represents 100% of the profit distribution[83]. - The actual controller and shareholders fulfilled their commitments during the reporting period, with no unfulfilled commitments as of the end of the reporting period[86]. - The company has a lock-up period of 36 months for shares held by the actual controller and shareholders following the initial public offering[87]. - The company has committed to maintaining a stable stock price through share buyback programs if necessary[89]. Research and Development - The company’s R&D investment amounted to CNY 59,416,993.16, accounting for 28.67% of total revenue, a decrease from 31.16% in 2015[56]. - Research and development expenses increased by 30% in 2016, focusing on new technologies and product innovations[89]. - The company has committed ¥15,006.05 million for mobile terminal game product development, with a cumulative investment of ¥1,079.33 million, representing 7.19% of the total commitment[69]. Operational Efficiency - The company aims to improve operational efficiency, targeting a 15% reduction in operational costs by the end of 2017[89]. - The company reported a significant increase in operating expenses, with sales expenses totaling CNY 23,443,476.27, down from CNY 24,631,445.77 in the previous period, indicating a decrease of approximately 4.9%[185]. - The company aims to enhance its training system in 2017 to improve training efficiency and effectiveness[148]. Compliance and Internal Controls - The company reported zero significant deficiencies in internal controls for both financial and non-financial reporting[165]. - The audit opinion for the financial statements was a standard unqualified opinion, confirming that the financial statements fairly present the company's financial position[174]. - The company has maintained effective internal controls, with no major deficiencies reported, which is crucial for accurate financial reporting[165]. Employee and Management Structure - The company employed a total of 440 staff, with 337 being technical personnel, representing approximately 76.4% of the workforce[146]. - The company has a competitive salary policy aimed at attracting talented individuals, with a focus on performance-based incentives[147]. - The company’s board includes experienced professionals with backgrounds in finance, engineering, and management, enhancing its governance structure[140].

Financial Performance - Net profit attributable to shareholders decreased by 6.75% to CNY 20,429,245.88 for the reporting period[8]. - Total operating revenue for the reporting period was CNY 53,388,724.38, representing a 23.68% increase year-on-year[8]. - The basic earnings per share decreased by 30.06% to CNY 0.2189 for the reporting period[8]. - The weighted average return on net assets was 2.03%, down by 2.91% compared to the previous year[8]. - The net profit attributable to shareholders for the year-to-date period increased by 10.69% to CNY 69,790,120.87[8]. - Operating profit reached 73.55 million yuan, reflecting a year-on-year growth of 7.80%[27]. - Net profit attributable to shareholders was 69.79 million yuan, up 10.69% compared to the previous year[27]. - Net profit for Q3 2016 was CNY 20,429,245.88, slightly down from CNY 21,909,212.27 in Q3 2015[63]. - The total comprehensive income for the third quarter was CNY 20,429,245.88, compared to CNY 22,005,572.25 in the previous year[67]. Revenue and Costs - The company's operating revenue for Q3 2016 was ¥165,624,330.18, representing an increase of 18.79% compared to ¥139,423,701.70 in the same period last year[22]. - Operating costs rose to ¥26,348,890.96, a significant increase of 62.41% from ¥16,223,933.68, primarily due to increased revenue sharing from non-self-operated game income[22]. - Total operating costs for Q3 2016 amounted to CNY 30,368,058.02, compared to CNY 20,416,016.87 in Q3 2015[62]. - The main business revenue increased by ¥26,215,900, with a growth rate of 19.00%, driven by self-operated platform operations and internet performance business[24]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 50,910,069.13, up by 50.29%[8]. - The company reported a net increase in cash and cash equivalents of ¥448,885,377.54, a drastic change from a decrease of ¥7,948,196.10 in the previous year[22]. - Cash and cash equivalents at the end of the reporting period reached CNY 758,791,835.89, up from CNY 309,906,458.35 at the beginning of the period[22]. - The net cash flow from operating activities was ¥50,910,069.13, a 50.29% increase from ¥33,873,977.12, mainly due to increased operating revenue[22]. - Total cash and cash equivalents at the end of the period amounted to ¥758,791,835.89, up from ¥257,134,435.14 in the previous period[79]. Assets and Liabilities - Total assets increased by 109.83% to CNY 1,089,947,754.61 compared to the end of the previous year[8]. - Total assets at the end of Q3 2016 reached CNY 1,089,947,754.61, up from CNY 520,354,469.89 at the beginning of the period[60]. - Total liabilities increased to CNY 71,390,882.09 from CNY 36,220,826.11[60]. - Shareholders' equity rose significantly to CNY 1,018,556,872.52 from CNY 484,133,643.78[60]. - Accounts receivable increased to CNY 73,438,511.63 from CNY 56,861,084.41, showing a growth of approximately 29.1%[54]. - Inventory rose to CNY 15,627.51 from CNY 12,924.96, indicating an increase of about 21%[54]. - Non-current assets totaled CNY 193,514,965.40, up from CNY 143,666,726.02, representing a growth of approximately 34.7%[55]. Customer and Supplier Concentration - The top five customers accounted for 55.56% of total revenue, indicating a high customer concentration risk[12]. - The top five suppliers accounted for 83.74% of total procurement, increasing from 75.03% in the same period last year[25]. - Sales to the top five customers amounted to 92.01 million yuan, representing 55.56% of total revenue, down from 59.48% year-on-year[26]. Risks and Compliance - The company faces risks related to new product development and market competition in the mobile gaming industry[11][12]. - The company has obtained necessary licenses for operating in the gaming industry, but regulatory risks remain a concern[14]. - Regulatory compliance is critical, as the company must adhere to various licenses and regulations governing the gaming industry[32]. - The company is committed to improving its governance structure to ensure smooth implementation of business plans[34]. Strategic Initiatives - The company plans to enhance strategic cooperation with major clients while expanding its customer base[30][33]. - The company is focusing on market expansion, targeting a 10% increase in market share in the next fiscal year[39]. - Research and development investments have increased by 30%, aimed at enhancing product features and technology[39]. - The company is exploring potential mergers and acquisitions to strengthen its market position, with a budget of $50 million allocated for this purpose[39]. - A new marketing strategy is being implemented, expected to boost brand awareness by 40% in the next six months[39]. Shareholder Commitments - The company reported a profit distribution plan where dividends will be distributed in cash or a combination of cash and stock, with a minimum of 15% of the distributable profit for the year being allocated as cash dividends[43]. - The company has committed to ensuring that any dilution of earnings per share and return on equity due to capital expansion will be addressed through appropriate compensation measures[43]. - The company has confirmed that it has not violated any of its commitments to shareholders as of the reporting date[43]. - The company has stated that it will not engage in any activities that could harm the interests of its minority shareholders[43].

Financial Performance - Total revenue for the first half of 2016 was RMB 112,235,605.80, representing a 16.60% increase compared to RMB 96,258,118.51 in the same period last year[16]. - Net profit attributable to ordinary shareholders was RMB 49,360,874.99, up 19.98% from RMB 41,141,807.09 year-on-year[16]. - The net cash flow from operating activities was RMB 30,729,266.24, an increase of 17.68% compared to RMB 26,113,513.33 in the previous year[16]. - Basic earnings per share rose to RMB 0.71, reflecting a 20.34% increase from RMB 0.59 in the same period last year[16]. - The company reported a net profit after deducting non-recurring gains and losses of RMB 47,135,139.14, a 15.52% increase from RMB 40,801,480.43 year-on-year[16]. - The company's operating profit was CNY 50.53 million, reflecting an 11.11% increase compared to the previous year[27]. - The total comprehensive income for the first half of 2016 was CNY 49,358,584.45, compared to CNY 41,141,008.76 in the previous year, reflecting an increase of about 20%[120]. - The company reported a total profit for the first half of 2016 of CNY 58,436,398.31, an increase of 23.5% from CNY 47,334,048.50 in the same period of 2015[126]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 1,066,817,866.23, a significant increase of 105.37% from RMB 519,451,946.68 at the end of the previous year[16]. - The company's total assets increased to CNY 1,066,817,866.23 from CNY 520,354,469.89, marking a significant rise of about 105%[116]. - The total liabilities at the end of the period were CNY 71,937,600.56, up from CNY 36,220,826.11, which is an increase of approximately 98.5%[116]. - The company's equity attributable to shareholders increased to CNY 994,880,265.67 from CNY 485,544,617.07, representing a growth of approximately 104.2%[112]. - Accounts receivable rose by 31.55% to CNY 74.80 million, driven by increased operating revenue[29]. Cash Flow - Cash and cash equivalents increased by 2,403.33% to CNY 494.54 million, primarily due to funds raised from the initial public offering[29]. - The net cash flow from investing activities was -44,876,472.11 CNY, indicating a significant outflow compared to the previous period's -6,357,430.12 CNY[131]. - The net cash flow from financing activities was 508,683,786.25 CNY, a substantial increase from the previous period[131]. - The company reported a net increase in cash and cash equivalents of 494,597,418.28 CNY, compared to 19,821,126.36 CNY in the previous period[131]. Market and Competition - The company faces risks related to new product development and market competition, which could impact future performance[21][22]. - The company has emphasized the need to continuously develop new mobile games to meet changing consumer interests and technological advancements[21]. - The mobile game market in China is projected to reach approximately 70 billion yuan by 2018, indicating significant growth potential[38]. Shareholder and Equity Information - The company has committed to distributing at least 15% of the annual distributable profits as cash dividends, provided there are no major investment plans or significant cash expenditures[90]. - The company has committed to not transferring or entrusting the management of its shares for 36 months following its initial public offering (IPO) date[82]. - The company reported a total of 93,340,000 shares after the issuance of 23,340,000 new shares, increasing the total share capital from 70,000,000 shares[92]. - Major shareholders include Chen Yongrui with 44.76% ownership (41,779,152 shares) and Ma Jialin with 16.07% ownership (14,999,960 shares)[99]. Investment and Development - The company has committed to invest a total of CNY 46,006.05 million in projects, with no funds utilized to date, resulting in a progress rate of 0.00%[51]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[134]. - The company has entered the internet performance business, aiming to develop it as a new profit growth point[32]. Corporate Governance and Compliance - The company has not reported any significant events or issues that require further explanation during the reporting period[88]. - The financial report for the half-year period was not audited[107]. - The company operates under the continuous operation assumption and has no significant issues affecting its ability to continue operations for at least 12 months[158]. Accounting Policies - The company's financial statements are prepared in accordance with the Chinese Accounting Standards and reflect its financial position, operating results, and cash flows accurately[167]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired[173]. - The company applies depreciation or amortization methods for investment properties based on their usage and rental status[200].