Financial Performance - Operating revenue for the period reached CNY 320,670,863.62, representing an 80.00% increase year-on-year[7] - Net profit attributable to shareholders was CNY 1,739,157.21, a decrease of 0.92% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 186.65% to CNY 1,103,834.48[7] - Basic earnings per share remained at CNY 0.01, a 100.00% increase compared to the previous period[7] - The company achieved a 40.83% increase in other income compared to the same period last year, primarily due to increased VAT refunds[19] - Investment income decreased by 100.47% compared to the same period last year, as the company no longer recognizes investment income after acquiring a 55% controlling stake in Beijing Qinglin Software Technology Co., Ltd.[19] - The company reported a net profit margin improvement, with undistributed profits reaching ¥288,513,956.10, compared to ¥275,585,198.58 in the previous year, an increase of about 4.5%[35] - The company reported a total profit of CNY 26,221,629.45 for Q3 2020, compared to CNY 24,276,545.42 in Q3 2019, indicating a growth of 8.0%[46] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -47,407,792.17, a decline of 276.91%[7] - Cash and cash equivalents decreased by 39.57% compared to the beginning of the year, primarily due to repayment of long-term loans and payment of long-term payables[18] - The cash flow from operating activities showed a net outflow of CNY 41,240,718.41, compared to a net outflow of CNY 35,615,811.78 in the previous year[51] - Total cash and cash equivalents at the end of the period decreased to CNY 76,763,506.07 from CNY 151,328,898.12, a decline of 49.3%[56] - Cash flow from investing activities was negative CNY 66,348,750.23, worsening from negative CNY 27,786,054.72 year-over-year[56] - Cash inflow from financing activities was CNY 151,894,326.27, slightly down from CNY 161,456,758.40 in the previous year[56] - Net cash flow from financing activities improved to positive CNY 18,788,894.36 from negative CNY 68,511,970.14 year-over-year[56] Assets and Liabilities - Total assets increased by 8.71% to CNY 1,156,253,833.68 compared to the end of the previous year[7] - Cash and cash equivalents stood at CNY 157,518,072.77, indicating stable liquidity[62] - Total liabilities increased to ¥435,700,187.39 from ¥299,806,615.61, reflecting a rise of approximately 45.3%[35] - The total non-current assets amounted to ¥438,006,070.22, up from ¥401,556,986.36, indicating an increase of approximately 9.1%[34] - Total liabilities amounted to CNY 383,981,247.62, with current liabilities at CNY 320,381,247.62 and non-current liabilities at CNY 63,600,000.00[60] - The company’s short-term borrowings stood at CNY 27,192,797.40, unchanged from the previous year[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 18,679[11] - The top shareholder, Li Fuhua, holds 14.53% of the shares, totaling 43,592,250 shares[11] Other Financial Metrics - The weighted average return on equity was 0.28%, a slight decrease of 0.01%[7] - The company implemented a stock incentive plan in 2020, resulting in a 49.88% decrease in treasury stock compared to the beginning of the year[18] - The goodwill increased by 36.49% compared to the beginning of the year, resulting from the acquisition of Beijing Qinglin Software Technology Co., Ltd.[18] - Research and development expenses for the third quarter were CNY 18,494,254.27, slightly down from CNY 19,866,062.56, showing a decrease of about 6.9%[38] - The company's management expenses increased to CNY 47,796,711.44 from CNY 39,160,310.75, representing a rise of approximately 22.5%[46] Audit and Reporting - The company has not undergone an audit for the third quarter report, indicating it is unaudited[65] - The company has implemented new revenue and lease standards starting in 2020, which may impact future financial reporting[65]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥417,340,286.08, a decrease of 15.73% compared to ¥495,213,477.73 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥10,251,841.65, an increase of 20.55% from ¥8,504,496.66 year-on-year[18]. - The net cash flow from operating activities was ¥6,167,073.76, a significant improvement of 109.88% compared to a negative cash flow of ¥62,413,667.10 in the previous year[18]. - Total assets at the end of the reporting period were ¥1,104,615,413.27, reflecting a growth of 3.85% from ¥1,063,640,052.16 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased by 4.52% to ¥626,081,021.68 from ¥655,744,088.32 at the end of the previous year[18]. - The basic earnings per share remained stable at ¥0.03, unchanged from the same period last year[18]. - The weighted average return on net assets increased to 1.59%, up by 0.26% from 1.33% in the previous year[18]. - The company reported non-recurring gains and losses totaling ¥1,084,621.12 for the reporting period[23]. - The company achieved total operating revenue of CNY 417.34 million in the first half of 2020, a decrease of 15.73% compared to the same period last year[41]. - The net profit attributable to ordinary shareholders of the parent company was CNY 10.25 million, an increase of 20.55% year-on-year[41]. Cash Flow and Investments - The company reported a significant increase of 109.88% in net cash flow from operating activities, amounting to CNY 6.17 million[45]. - The net cash flow from investing activities was -72,702,602.83, a decrease of 117.19% compared to the previous period, primarily due to increased investment payments for acquiring control of Beijing Qinglin Software Technology Co., Ltd.[46]. - The net cash flow from financing activities improved to -6,157,964.05, a significant increase of 87.49% year-on-year, mainly due to reduced loan repayments during the reporting period[46]. - The net increase in cash and cash equivalents was -72,690,896.07, representing a 49.91% improvement compared to the previous period, attributed to changes in operating and financing cash flows[46]. - The company reported a net cash outflow from investing activities of CNY 72,702,602.83, compared to a net outflow of CNY 33,473,475.94 in the previous year[161]. - Cash inflow from financing activities was CNY 91,657,550.05, while cash outflow totaled CNY 97,815,514.10, leading to a net cash outflow of CNY 6,157,964.05[161]. Business Operations and Strategy - The company is focusing on financial technology and military informationization, leveraging blockchain, big data, and cloud computing for innovation[31]. - The company’s core strategy emphasizes maintaining stable revenue from traditional clients while expanding new client opportunities in the financial and military sectors[30]. - The company established a military industry division to enhance service capabilities for military clients, marking a strategic expansion[42]. - The company is focusing on developing new products and services to maintain its competitive edge and improve customer loyalty[72]. - The company aims to enhance its sustainable development capabilities through technology research and market expansion[72]. Acquisitions and Goodwill - The company acquired 55% control of Beijing Qinglin Software Technology Co., Ltd., resulting in a 100% decrease in equity assets[32]. - The company's goodwill increased by 36.49% due to the acquisition of Beijing Qinglin Software Technology Co., Ltd.[33]. - The acquisition of Beijing Qinglin Software Technology Co., Ltd. resulted in an impact of 4,669,403.98 CNY on operating income and 2,195,126.79 CNY on net profit attributable to the parent company[70]. - The company completed the acquisition of an additional 15% stake in Beijing Qinglin Software Technology Co., Ltd., increasing its ownership to 55%[71]. Risks and Challenges - The company faces risks including reliance on major customers and rising labor costs, as well as impacts from the COVID-19 pandemic[4]. - The company has faced challenges due to the COVID-19 pandemic, affecting contract signing and project execution[73]. - The company has increased its workforce to boost research and development efforts, leading to rising human resource costs[72]. Shareholder and Governance Matters - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[5]. - The company held three shareholder meetings during the reporting period, with investor participation rates of 40.21% for the first and annual meetings, and 40.20% for the second temporary meeting[79]. - The company approved a restricted stock incentive plan on June 22, 2020, aimed at promoting sustainable development and aligning interests with shareholders[87]. - The company approved the election of 7 directors for the 10th Board of Directors, with a term of three years starting from the date of approval[113]. Financial Position and Liabilities - Total liabilities increased to CNY 452,719,995.53 from CNY 383,981,247.62, marking an increase of about 17.9%[146]. - The company's total assets reached CNY 1,104,615,413.27, up from CNY 1,063,640,052.16, indicating a growth of approximately 3.85%[147]. - The equity attributable to the parent company decreased to CNY 626,081,021.68 from CNY 655,744,088.32, a decline of about 4.5%[147]. - The company reported a total of ¥50,866,666.67 in current non-current liabilities, down 1.02% from ¥62,866,666.67[55]. Accounting and Reporting - The financial statements were approved by the board of directors on August 26, 2020, indicating a structured governance process[179]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial reports accurately reflect its financial position and performance[184]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its operational viability[182].

Financial Performance - The company's operating revenue for 2019 was CNY 1,084,248,623.96, representing a 32.36% increase compared to CNY 819,189,756.97 in 2018[16]. - The net profit attributable to shareholders for 2019 was CNY 55,286,886.21, up 44.09% from CNY 38,368,529.31 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was CNY 50,912,983.72, an increase of 80.20% compared to CNY 28,253,923.42 in 2018[16]. - The net cash flow from operating activities reached CNY 83,715,877.67, a significant increase of 251.00% from CNY 23,850,490.81 in 2018[16]. - Basic earnings per share for 2019 were CNY 0.24, reflecting a 50.00% increase from CNY 0.16 in 2018[16]. - The company reported a quarterly revenue of CNY 410,886,308.09 in Q4 2019, which was the highest among the four quarters[18]. - The company reported a net profit of 4,373,902.49 yuan for the year 2019, compared to 10,114,605.89 yuan in 2018, indicating a significant decrease in profitability[24]. - The company received government subsidies totaling 6,073,407.72 yuan in 2019, up from 1,668,104.34 yuan in 2018, reflecting a substantial increase in non-operating income[23]. Assets and Liabilities - Total assets at the end of 2019 were CNY 1,063,640,052.16, a decrease of 12.78% from CNY 1,219,552,093.83 at the end of 2018[16]. - The net assets attributable to shareholders increased by 2.87% to CNY 655,744,088.32 from CNY 637,469,308.95 in 2018[16]. - The company's total liabilities included short-term borrowings of ¥27,192,797.40, significantly reduced from ¥206,501,879.81 in the previous year[79]. - The actual total guarantee amount accounts for 0.85% of the company's net assets[167]. Revenue Segmentation - The software and information technology services sector accounted for 99.71% of total revenue, with a revenue of approximately CNY 1.08 billion, up 34.80% from the previous year[56]. - The system integration segment generated CNY 671 million, making up 61.95% of total revenue, with a growth rate of 43.11% year-on-year[56]. - The company’s revenue from software development and system integration services is driven by its strong technical support and extensive project implementation experience[27]. - The company’s revenue in the second half of 2019 accounted for 54.33% of the total annual revenue, indicating seasonal revenue fluctuations[38]. Investments and R&D - The company has made significant investments in blockchain technology, resulting in the release of the 2.0 version of its blockchain service platform[42]. - Research and development expenses surged by 92.91% to ¥72,331,791.46, reflecting the company's increased investment in R&D[70]. - R&D investment amounted to ¥142,689,493.49 in 2019, representing 13.16% of operating revenue, a decrease from 16.15% in 2018[72]. - The number of R&D personnel increased to 1,139 in 2019, accounting for 81.77% of total staff, up from 79.64% in 2018[72]. Market Position and Strategy - The company has maintained its core business focus on providing information technology solutions for the financial industry since its establishment[27]. - The company is actively expanding its client base in the financial, government, and military sectors, achieving notable progress in acquiring influential new clients[36]. - The company plans to focus on "financial technology" and "military informationization" markets, integrating resources and investing heavily in these core areas over the next 1-3 years[106]. - The company aims to become a leading player in blockchain applications within the financial industry, focusing on product development and talent acquisition[104]. Risk Factors - The company faces risks including reliance on major clients and rising labor costs, as well as potential impacts from the COVID-19 pandemic[4]. - The company has implemented measures to mitigate risks associated with reliance on major clients, with over 60% of its main business revenue coming from the top five clients[109]. - Rising labor costs due to competition for high-level technical talent are a concern, prompting the company to adjust personnel structures and establish talent bases in various cities[110]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of CNY 0.45 per 10 shares, with a capital reserve conversion of 3 shares for every 10 shares held[4]. - The company has a stable profit distribution policy, prioritizing cash dividends when conditions allow, to ensure reasonable returns for investors while considering sustainable development[116]. - Cash dividends distributed amounted to ¥10,260,166.68, representing 18.56% of the net profit attributable to ordinary shareholders[122]. - The total cash dividend, including other methods, reached ¥40,260,088.05, which is 72.82% of the net profit attributable to ordinary shareholders[122]. Corporate Governance and Compliance - The company has committed to timely and accurate disclosure of its financial statements and related materials, ensuring no false records or omissions exist[131]. - The company will strictly adhere to all public commitments made during its initial public offering and will accept social supervision[128]. - The company will compensate investors for losses incurred due to any misleading statements in the prospectus[131]. - The company has ensured that minority shareholders have sufficient opportunities to express their opinions and that their legal rights are fully protected[118].

新晨科技股份有限公司 2020 年第一季度报告全文 新晨科技股份有限公司 2020 年第一季度报告 2020-033 2020 年 04 月 1 新晨科技股份有限公司 2020 年第一季度报告全文 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。 公司负责人康路、主管会计工作负责人余克俭及会计机构负责人(会计主管 人员)朱惠文声明：保证季度报告中财务报表的真实、准确、完整。 2 新晨科技股份有限公司 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 □ 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） | 109,950,745.26 | 230,050,996.06 | -52.21% | | 归属于上市公司股东的净利润（元） | -11,553,348.07 | -6,6 ...

Financial Performance - Operating revenue increased by 26.74% to CNY 178,148,838.14 for the current period, and by 90.03% to CNY 673,362,315.87 year-to-date[7] - Net profit attributable to shareholders decreased by 39.29% to CNY 1,755,228.02 for the current period, and by 3.44% to CNY 10,259,724.68 year-to-date[7] - Basic and diluted earnings per share dropped to CNY 0 for the current period, reflecting a 100% decrease[7] - The weighted average return on equity was 0.29%, a decrease of 0.19% compared to the previous period[7] - Total operating revenue for the current period reached ¥178,148,838.14, an increase of 26.8% compared to ¥140,561,215.94 in the previous period[33] - Total operating costs amounted to ¥173,991,035.67, up from ¥136,865,499.16, reflecting a rise of 27.1%[33] - Net profit for the current period was ¥3,561,625.98, representing a 23.3% increase from ¥2,889,944.21 in the previous period[35] - The total profit for the current period was ¥4,061,297.91, slightly down from ¥3,617,681.96, indicating a decrease of 0.1%[35] Assets and Liabilities - Total assets decreased by 13.16% to CNY 1,059,102,715.51 compared to the end of the previous year[7] - Total assets decreased from CNY 1,219,552,093.83 to CNY 1,059,102,715.51, a decline of approximately 13.14%[25] - Current liabilities decreased from CNY 482,511,730.15 to CNY 343,527,700.37, a reduction of about 28.91%[26] - Long-term liabilities decreased from CNY 79,200,000.00 to CNY 58,000,000.00, a decrease of approximately 26.67%[26] - Total liabilities decreased from CNY 561,711,730.15 to CNY 401,527,700.37, a reduction of about 28.55%[26] - Total current assets decreased from CNY 713,280,354.51 to CNY 549,053,219.16, a decline of about 22.98%[30] - Total liabilities reached CNY 561,711,730.15, with current liabilities at CNY 482,511,730.15[58] Cash Flow - Net cash flow from operating activities showed a significant improvement, with a year-to-date increase of 76.14% to -CNY 35,615,811.78[7] - The net cash flow from operating activities was -35,615,811.78 yuan, an improvement from -149,246,702.94 yuan in the previous period[49] - Total cash inflow from operating activities was 642,724,911.89 yuan, compared to 272,703,890.02 yuan in the previous period, indicating a 135% increase[52] - Cash inflow from investing activities was 8,011,506.84 yuan, down from 66,213,362.49 yuan, a decline of approximately 88%[49] - Cash outflow from financing activities was 243,115,428.54 yuan, significantly higher than 14,090,168.86 yuan in the previous period[50] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,312[11] - The top three shareholders held a combined 39.64% of the shares, with the largest shareholder holding 14.47%[11] - There were no repurchase transactions conducted by the top ten shareholders during the reporting period[12] Expenses - Research and development expenses increased by 105.29% compared to the same period last year, indicating a significant increase in R&D investment[16] - Sales expenses increased by 35.74% compared to the same period last year, due to intensified business expansion efforts[16] - The company reported a 62.00% increase in taxes and surcharges compared to the same period last year, primarily due to higher VAT payments[16] - The company experienced a significant increase in sales expenses, which rose to ¥9,477,217.69 from ¥6,981,815.24, an increase of 35.8%[33] Investments - Long-term equity investments increased by 100.00% compared to the beginning of the year, attributed to the investment in Beijing Qinglin Software Technology Co., Ltd.[16] - Long-term equity investments increased from CNY 237,538,264.06 to CNY 274,531,844.24, an increase of approximately 15.55%[30] Other Financial Metrics - The company received government subsidies totaling CNY 3,027,056.12 during the reporting period[8] - The company reported a credit impairment loss of ¥4,219,351.74 in Q3 2019, with no comparable figure from the previous year[42] - The gross profit margin for the current period was approximately 20.0%, compared to 16.0% in the previous period, indicating improved profitability[33]

Financial Performance - Total operating revenue for the first half of 2019 reached RMB 495,213,477.73, representing a 131.64% increase compared to RMB 213,788,783.41 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was RMB 8,504,496.66, up 9.96% from RMB 7,733,985.56 year-on-year[18]. - Net profit after deducting non-recurring gains and losses was RMB 7,701,598.71, a slight increase of 1.62% from RMB 7,578,791.12 in the previous year[18]. - Basic earnings per share increased by 33.33% to RMB 0.04 from RMB 0.03 in the previous year[18]. - Operating profit reached RMB 20.22 million, reflecting a growth of 121.08% compared to the previous year[40]. - The company reported a comprehensive diluted earnings per share of RMB 0.0367 based on the latest share capital[18]. - The company achieved total operating revenue of RMB 495.21 million, a year-on-year increase of 131.64%[40]. - The company reported a significant increase in financial expenses, which rose by 1,972.24% to ¥3,512,190.18, compared to ¥169,487.86 in the previous year[43]. - The total profit for the first half of 2019 was CNY 22,617,112.15, up from CNY 11,979,988.65 in the first half of 2018, representing an increase of approximately 88.5%[149]. Cash Flow and Assets - The net cash flow from operating activities improved to -RMB 62,413,667.10, a 55.28% reduction in losses compared to -RMB 139,574,835.40 in the same period last year[18]. - Cash and cash equivalents decreased by 40.60% due to repayment of short-term loans[36]. - The net cash flow from operating activities for the first half of 2019 was -43,650,146.98 CNY, an improvement from -110,022,565.50 CNY in the same period of 2018, indicating a 60.4% reduction in losses[156]. - The total assets at the end of the reporting period were RMB 1,118,939,448.07, down 8.25% from RMB 1,219,552,093.83 at the end of the previous year[18]. - Cash and cash equivalents stood at CNY 164.34 million as of June 30, 2019, compared to CNY 285.43 million at the end of 2018, indicating a decrease of approximately 42.3%[139]. - Accounts receivable increased by 38.24% due to the completion of system integration projects and increased contract amounts[36]. - The company reported a net increase in cash and cash equivalents of -¥145,107,373.52, a 35.73% decline compared to -¥106,910,821.51 in the previous year[44]. Investments and R&D - Research and development expenses increased by 20.66% to ¥83,733,023.67, up from ¥69,395,478.10 year-on-year[43]. - The company has increased its software copyright certifications by 3 in the first half of 2019, enhancing its market presence and technological competitiveness[29]. - The company is investing in innovative technologies such as cloud computing and blockchain to ensure sustainable growth amid economic uncertainties[31]. - The company aims to increase its investment in research and development to foster innovation and competitiveness[168]. - The company reported a financial income of CNY 15,446,971.65 in the first half of 2019, compared to CNY 841,744.21 in the same period of 2018, showing a significant increase[149]. Market Strategy and Client Base - The company focuses on providing IT solutions primarily for the financial sector, with core products including data exchange and payment settlement systems[26]. - The company aims to expand its client base, particularly targeting regional banks and non-bank financial institutions[30]. - The company’s revenue is significantly driven by ongoing services to traditional clients, new customer acquisition, and emerging business opportunities[30]. - The company plans to maintain a focus on sustainable development, including technology research and market expansion, to enhance customer loyalty[73]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company approved a profit distribution plan, distributing cash dividends of 0.50 CNY per 10 shares and increasing capital by 5 shares for every 10 shares held[84]. - The total number of shares increased to 232,538,325 after the implementation of the 2018 annual equity distribution plan[111]. - Major shareholders include Li Fuhua with 14.42% (33,532,500 shares), Kang Lu with 12.99% (30,217,500 shares), and Xu Lianping with 11.79% (27,412,500 shares)[117]. Risks and Challenges - The company is facing risks from rising human resource costs due to competition for high-level technical talent[74]. - The overall financial outlook remains cautious, with the company adjusting its performance guidance for the upcoming quarters[168]. - The company reported a significant loss of 7,295.3 million in the current period, indicating a challenging financial environment[167]. Compliance and Governance - The financial report for the first half of 2019 was not audited, which may affect the reliability of the financial data presented[132]. - The company did not engage in any fundraising changes during the reporting period[65]. - There were no significant asset or equity sales during the reporting period[70]. - The company has not reported any changes in the scope of consolidation for the current period[177].

Financial Performance - Total revenue for Q1 2019 reached ¥230,050,996.06, representing a 151.11% increase compared to ¥91,613,991.68 in the same period last year[7] - Net profit attributable to shareholders was a loss of ¥6,660,868.41, an improvement of 9.77% from a loss of ¥7,382,013.72 in the previous year[7] - Basic and diluted earnings per share improved to -¥0.04, a 20.00% increase from -¥0.05 in the previous year[7] - The company reported a net loss of CNY 4,783,148.60 for Q1 2019, compared to a net loss of CNY 6,853,839.73 in Q1 2018[42] - The total comprehensive income for Q1 2019 was a loss of ¥3,538,500.62, compared to a loss of ¥7,384,814.18 in Q1 2018, showing a reduction in overall losses[45] - The company's operating profit for Q1 2019 was a loss of ¥2,998,247.37, an improvement from a loss of ¥6,739,259.51 in the previous year[44] Cash Flow - Net cash flow from operating activities improved to -¥94,528,287.40, a 28.71% reduction in cash outflow compared to -¥132,596,893.61 in the same period last year[7] - The company's operating cash flow for Q1 2019 was a net outflow of ¥94,528,287.40, an improvement from a net outflow of ¥132,596,893.61 in Q1 2018[51] - Total cash inflow from operating activities was 162,680,599.51 yuan, significantly higher than 49,824,233.50 yuan in the previous period, reflecting increased sales[54] - Cash outflow from operating activities totaled 232,237,188.77 yuan, up from 163,891,337.21 yuan in the previous period[55] - The company experienced a net decrease in cash and cash equivalents of -103,808,974.90 yuan, compared to -87,569,207.81 yuan in the previous period[55] Assets and Liabilities - Total assets decreased by 5.35% to ¥1,154,316,471.02 from ¥1,219,552,093.83 at the end of the previous year[7] - The total current assets as of March 31, 2019, are 831,711,058.24, down from 926,505,650.13 as of December 31, 2018[34] - The total liabilities as of March 31, 2019, include short-term borrowings of 133,034,555.35, down from 206,501,879.81 as of December 31, 2018[34] - The total non-current liabilities increased to CNY 112,533,333.33 from CNY 79,200,000.00, indicating a rise of approximately 42%[40] Shareholder Information - The company reported a total of 16,599 common shareholders at the end of the reporting period[11] - The top three shareholders, Li Fuhua, Kang Lu, and Xu Lianping, collectively hold 39.20% of the shares[11] - No share repurchase transactions were conducted by the top ten shareholders during the reporting period[12] Research and Development - Research and development expenses surged by 188.26% year-over-year, reflecting increased investment in R&D projects[15] - Research and development expenses for Q1 2019 were CNY 24,622,239.51, up from CNY 8,541,650.15 in Q1 2018, reflecting an increase of approximately 188.5%[42] - Research and development expenses increased to ¥20,686,289.07 in Q1 2019, up from ¥5,912,395.83 in the same period last year, reflecting a focus on innovation[47] Customer and Supplier Concentration - The proportion of purchases from the top five suppliers increased to 51.60%, indicating a higher procurement concentration compared to the previous year[19] - Revenue from the top five customers accounted for 82.32% of total operating income, reflecting an increase in customer concentration[19] Government Support and Investments - Government subsidies received included ¥909,638.00 from Beijing Huairou District and ¥936,626.45 from Tianjin Jingpeng Technology Incubator[8] - The total amount of funds raised in the current quarter is 15,587.05 million, with 254.91 million invested during this period[25] - Cumulative investment of raised funds amounts to 14,305.91 million, with a 0.00% change in usage[25] Project Development - The "National Air Traffic Control Data Information Service System Development" project has received 254.91 million, achieving 71.28% of its planned investment[25] - The "Channel Integration Platform Development" project has received 2,884.44 million, achieving 82.60% of its planned investment[25] - The "New Generation Trade Financing Settlement System Development" project has received 3,603.01 million, achieving 81.92% of its planned investment[25] Financial Management - Financial expenses rose by 480.68% year-over-year, with an increase of 1.91 million yuan attributed to higher interest expenses[15] - The company's financial expenses for Q1 2019 were ¥1,610,169.99, compared to a gain of ¥314,947.69 in the previous year, reflecting changes in financial management[47] Compliance and Standards - The company reported no significant changes in the feasibility of projects or any non-compliance with external guarantees during the reporting period[28][29] - The company did not undergo an audit for the first quarter report[56] - The company has not applied new financial instrument standards or new revenue standards for the first quarter[56]

Financial Performance - The company's operating revenue for 2018 was approximately ¥819.19 million, representing a 35.08% increase compared to ¥606.45 million in 2017[15]. - The net profit attributable to shareholders for 2018 was approximately ¥38.37 million, a 6.03% increase from ¥36.19 million in 2017[15]. - The net cash flow from operating activities improved significantly to approximately ¥23.85 million, compared to a negative cash flow of ¥0.49 million in 2017, marking a 4,951.44% increase[15]. - The total assets of the company at the end of 2018 reached approximately ¥1.22 billion, a 54.47% increase from ¥789.49 million at the end of 2017[15]. - The company's basic earnings per share for 2018 was ¥0.25, an increase of 8.70% from ¥0.23 in 2017[15]. - The weighted average return on net assets for 2018 was 6.28%, slightly up from 6.25% in 2017[15]. - The company reported a significant increase in total equity attributable to shareholders, which rose to approximately ¥637.47 million, a 7.11% increase from ¥595.15 million in 2017[15]. - The company achieved total revenue of 819.19 million yuan, a year-on-year increase of 35.08%[44]. - Operating profit reached 53.03 million yuan, reflecting a growth of 38.10% compared to the previous year[44]. - The company reported a net profit attributable to shareholders of ¥27,743,180.21 in Q4 2018, compared to ¥25,647,634.82 in Q4 2017, indicating a positive trend[52]. Investments and Acquisitions - The company acquired Beijing Ruideyin Information Technology Co., leading to a 100% increase in goodwill[35]. - The company made strategic investments, including a 51% acquisition of Beijing Ruideyin Information Technology Co., Ltd., enhancing its ICT service capabilities[49]. - The company acquired 51% of Beijing Ruideyin Information Technology Co., Ltd. for a total cash consideration of approximately 163.2 million CNY[130]. - The acquisition was approved on October 29, 2018, and the purchase date was set as November 1, 2018[131]. - The company reported a revenue impact of ¥67,594,931.92 from the acquisition of Beijing Ruide Audio Information Technology Co., Ltd., with a net profit impact of ¥10,746,595.10 attributable to the parent company[95]. Research and Development - Significant R&D investments were made in blockchain technology and a BaaS platform to strengthen the company's competitive edge in the financial sector[36]. - The company completed three major R&D projects, including a channel integration platform and a new generation trade financing settlement system[46]. - The company has a talent pool of over 1,000 professionals, with nearly 80% involved in R&D, technology, and project implementation[40]. - The company plans to increase R&D investment and enhance the capabilities of its innovation lab, focusing on technologies such as cloud computing, big data, and blockchain[102]. - The company aims to maintain a high level of R&D investment to support continuous growth in its main business through independent research and technological innovation[100]. Market Position and Strategy - The company operates in the software and information technology services industry, focusing on financial institutions, government agencies, and large state-owned enterprises[25]. - The company is focusing on expanding its client base, particularly in regional banks and non-bank financial institutions[31]. - The company aims to leverage new business opportunities in the IT service market, which is highly fragmented and competitive[31]. - The company has a strong competitive position in the financial information sector, supported by 20 years of industry experience[33]. - The company is actively pursuing market opportunities in emerging segments such as transaction banking and internet finance, leveraging its first-mover advantage[101]. Financial Management and Cash Flow - Cash and cash equivalents increased by 40.08%, attributed to a rise in customer payments received[35]. - The company reported a total of 6,500 million RMB in entrusted financial management during the reporting period, consisting of 5,000 million RMB in broker financial products and 1,500 million RMB in bank financial products[155]. - The company plans to continue implementing fundraising projects to maintain and enhance its market position[71]. - Operating cash inflow increased by 52.12% to ¥870,672,899.64 compared to ¥572,363,042.63 in 2017[74]. - The net increase in cash and cash equivalents was ¥93,117,414.89, a 495.80% improvement from a decrease of ¥23,526,138.77 in 2017[74]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of ¥0.50 per 10 shares based on the total share capital of 155,025,550 shares as of December 31, 2018[4]. - Total cash dividend for 2018 amounted to ¥7,751,277.50, representing 20.20% of the total distributable profit of ¥38,368,529.31[113]. - The cash dividend policy stipulates that the annual cash dividend amount must not be less than 20% of the distributable profit, with a minimum of 80% for mature companies without major capital expenditures[111]. - The company has consistently maintained a minimum cash dividend distribution ratio of 20% during its growth phase[113]. - The total cash dividends over the past three years have shown a steady increase, reflecting the company's commitment to returning value to shareholders[115]. Risk Management - The company has acknowledged risks related to reliance on major customers and rising labor costs in its future development outlook[4]. - The company is implementing measures to manage accounts receivable risks, including aligning receivables management with personnel incentives[106]. - Over 50% of the company's main business revenue comes from the top five clients, indicating a reliance risk on major customers[103]. Governance and Compliance - The company has established measures to address unfulfilled commitments due to uncontrollable factors, including timely disclosure and alternative commitments[123]. - The company is committed to transparency and will publicly disclose reasons for any unfulfilled commitments, along with apologies to investors[121]. - The company has established a plan to protect the interests of investors, especially small and medium-sized investors, by stabilizing the stock price if it falls below the net asset value[119]. - The company will not hold any controlling interest in entities that compete with its business during the period of related party relationships[118]. - The company has committed to repurchase shares if any false statements or omissions are found in the prospectus, ensuring investor compensation[125].

新晨科技股份有限公司 2018 年第三季度报告全文 新晨科技股份有限公司 2018 年第三季度报告 2018-079 公司负责人康路、主管会计工作负责人余克俭及会计机构负责人(会计主管 人员)牛敬声明：保证季度报告中财务报表的真实、准确、完整。 2 2018 年 10 月 1 新晨科技股份有限公司 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。 新晨科技股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 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） | 984,802,330.51 | | 789,485,927.16 | 24.74% | | 归属于上市公司股东的净资产（元） | 610,500,021.2 ...

Financial Performance - Total revenue for the reporting period was ¥213,788,783.41, a decrease of 13.85% compared to ¥248,146,835.89 in the same period last year[18]. - Net profit attributable to shareholders was ¥7,733,985.56, representing an increase of 2.20% from ¥7,567,740.80 year-on-year[18]. - Net profit after deducting non-recurring gains and losses was ¥7,578,791.12, up 4.50% from ¥7,252,625.26 in the previous year[18]. - The company achieved total operating revenue of 213.79 million yuan, a decrease of 13.85% compared to the same period last year[40]. - The net profit attributable to ordinary shareholders of the parent company was 7.73 million yuan, an increase of 2.20% year-on-year[40]. - The company reported a net loss of 7,295,320.00 CNY for the current period, reflecting ongoing challenges in profitability[157]. - The total comprehensive income for the current period included a net profit of CNY 10,078,580.72[165]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥139,574,835.40, a decline of 22.15% compared to -¥114,268,743.33 in the same period last year[18]. - The company reported a net cash outflow from investing activities of -¥52,648,168.58, compared to -¥313,994.84 in the previous period[149]. - The total cash inflow from investment activities was 20,228,315.98 CNY, significantly higher than 1,310.00 CNY in the previous period[152]. - The total cash and cash equivalents at the end of the period were 119,285,321.94 CNY, down from 196,390,067.49 CNY at the beginning of the period, reflecting a decrease of approximately 39.3%[153]. - The company's cash and cash equivalents decreased to RMB 184,328,212.70 from RMB 291,786,700.71, representing a decline of about 36.8%[132]. Assets and Liabilities - Total assets at the end of the reporting period were ¥867,468,812.43, an increase of 9.88% from ¥789,485,927.16 at the end of the previous year[18]. - The company's total assets reached CNY 822,818,600.86, up from CNY 739,105,414.99 at the beginning of the year[138]. - Total liabilities increased to CNY 257,652,399.26, compared to CNY 178,270,259.24 at the start of the year[139]. - The company's accounts receivable increased to approximately ¥388.99 million, representing 44.84% of total assets[52]. - Accounts receivable rose to CNY 357,506,178.40, up from CNY 305,137,737.98 at the beginning of the year, indicating improved collection efforts[137]. Shareholder Equity and Dividends - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total equity attributable to the parent company at the end of the reporting period was CNY 563,022,144.92, reflecting a decrease of CNY 10,555.09 compared to the previous period[159]. - The company completed a capital distribution plan in 2017, distributing cash dividends of CNY 0.80 per 10 shares and increasing the total share capital from CNY 91,191,500 to CNY 155,025,550[108]. - The total number of shares increased from 91,191,500 to 155,025,550 following the capital increase[108]. Operational Highlights - The company has successfully applied its core products, such as the Trade Financing Settlement System, in over 30 joint-stock banks and regional commercial banks[26]. - The company has established a strong system integration capability, providing comprehensive services from design planning to technical support[28]. - The company has made progress in applying blockchain technology in the financial sector, particularly in forfaiting business applications[40]. - The company has established a nationwide marketing and service network, enhancing customer response speed and service quality[37]. - The company is expanding its workforce to enhance R&D and market development, which has led to rising labor costs due to competition for skilled talent[75]. Research and Development - Research and development investment was 69.40 million yuan, a slight increase of 1.37% year-on-year[43]. - The company has obtained three new software copyright certifications in the first half of 2018, enhancing its market presence and brand influence[27]. Market and Industry Trends - The financial industry IT service demand is expected to maintain a high growth rate due to the shift towards customer-centric services and innovations from internet finance[31]. - The company continues to focus on its core value, products, customers, and business, which drives its stable revenue growth and market expansion[30]. Corporate Governance - The company held its annual general meeting on May 11, 2018, where the profit distribution and capital reserve transfer proposal was approved[109]. - The company’s independent directors provided clear opinions on the profit distribution and capital reserve transfer proposal, ensuring compliance with regulatory requirements[109]. - The company did not engage in any significant related party transactions during the reporting period[95]. Accounting and Financial Reporting - The financial statements were prepared based on the assumption of going concern, with no significant doubts about the company's ability to continue operations[174]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the accuracy and completeness of its financial reporting[176]. - The company recognizes control transfer on the purchase date when the net assets or operational decision-making authority of the acquired entity is transferred[183].