北京数字认证股份有限公司 2019 年年度报告全文 北京数字认证股份有限公司 2019 年年度报告 2020-017 2020 年 03 月 1 北京数字认证股份有限公司 2019 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人詹榜华、主管会计工作负责人林雪焰及会计机构负责人(会计主 管人员)高青山声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测 与承诺之间的差异，请投资者注意投资风险。 | --- | |----------------------------------------------------------------------------------------| | | | 公司存在 " 北京市法人一证通 " 项目风险、信息技术快速进步风险、业务收 | ...

北京数字认证股份有限公司 2019 年第三季度报告全文 北京数字认证股份有限公司 2019 年第三季度报告 (2019-073) 2019 年 10 月 1 北京数字认证股份有限公司 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。 公司负责人詹榜华、主管会计工作负责人林雪焰及会计机构负责人(会计主 管人员)高青山声明：保证季度报告中财务报表的真实、准确、完整。 2 北京数字认证股份有限公司 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|-----------------|---- ...

[Important Notes, Table of Contents, and Definitions](index=2&type=section&id=第一节%20重要提示、目录和释义) This section provides crucial disclaimers, outlines the report structure, and defines key terms used throughout the document [Important Notes](index=2&type=section&id=重要提示) The board, supervisory board, and senior management guarantee the report's accuracy and completeness, while highlighting key risks and the company's profit distribution plan - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the report content and assume legal responsibility[5](index=5&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[8](index=8&type=chunk) - Key risks include uncertainties related to the "Beijing Corporate Unified Certificate" project, rapid advancements in information technology, seasonal fluctuations in business revenue, and high accounts receivable[7](index=7&type=chunk) [Definitions](index=4&type=section&id=释义) This chapter defines key terms used in the report, including abbreviations for the company and its subsidiaries, regulatory bodies, major shareholders, and the reporting period Definitions | Term | Definition | | :--- | :--- | | Company, The Company | Beijing Digital Certificate Co., Ltd | | Anxintianxing | Beijing Anxintianxing Technology Co., Ltd | | Digital Medical Information | Beijing Digital Medical Information Technology Co., Ltd | | Reporting Period | January 1, 2019 - June 30, 2019 | [Company Profile and Key Financial Indicators](index=5&type=section&id=第二节%20公司简介和主要财务指标) This section provides an overview of the company's basic information and presents its key financial performance metrics for the reporting period [Company Profile](index=5&type=section&id=一、公司简介) This chapter provides the company's basic information, including its stock ticker "Digital Certificate," stock code "300579," and listing on the Shenzhen Stock Exchange - The company's stock ticker is "Digital Certificate," stock code is 300579, and it is listed on the Shenzhen Stock Exchange[29](index=29&type=chunk) - The company's legal representative is Zhan Banghua[29](index=29&type=chunk) [Key Accounting Data and Financial Indicators](index=6&type=section&id=四、主要会计数据和财务指标) In the first half of 2019, total operating revenue grew by 23.62% to 256.62 million yuan, and net profit attributable to shareholders increased by 10.67% to 26.78 million yuan, despite a 44.15% decrease in net cash flow from operating activities Key Financial Indicators | Indicator | Current Period | Prior Year Period | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue (RMB) | 256,620,598.24 | 207,590,374.86 | 23.62% | | Net Profit Attributable to Shareholders (RMB) | 26,777,997.38 | 24,195,549.73 | 10.67% | | Net Cash Flow from Operating Activities (RMB) | -149,320,181.25 | -103,587,997.68 | -44.15% | | Basic Earnings Per Share (RMB/share) | 0.1488 | 0.1344 | 10.71% | | Total Assets (RMB) | 1,107,307,153.42 | 1,125,408,339.49 | -1.61% (vs. end of prior year) | | Net Assets Attributable to Shareholders (RMB) | 607,178,599.55 | 612,316,987.75 | -0.84% (vs. end of prior year) | - Non-recurring gains and losses totaled **5.17 million yuan**, primarily comprising **2.92 million yuan** in government subsidies and **3.17 million yuan** from bank wealth management product income[41](index=41&type=chunk) [Company Business Overview](index=8&type=section&id=第三节%20公司业务概要) This section outlines the company's core business activities, key products, and the factors driving its performance and competitive advantages [Main Business and Performance Drivers](index=8&type=section&id=一、报告期内公司从事的主要业务) As a network security solutions provider, the company's main businesses include electronic certification services, security integration, and security consulting and operation and maintenance services, with revenue growth driven by policy, technology, and market demand - The company is a network security solution provider with leading advantages in government, finance, healthcare, and other sectors, achieving **256.62 million yuan** in operating revenue during the reporting period, a **23.62% year-over-year increase**[46](index=46&type=chunk) - Key performance drivers include increased national emphasis on cybersecurity, growing demand from new technologies (big data, IoT, AI), and urgent client needs for data asset protection[55](index=55&type=chunk) - Enhanced core competitiveness, including product improvement, nationwide marketing system expansion, and business innovation (e.g., biometric collaborative signature system, identity verification services), also contributed significantly to performance growth[56](index=56&type=chunk) [Main Products and Services](index=8&type=section&id=1、主要产品和服务) The company's three core businesses showed varied performance in H1 2019: security integration saw the fastest growth at 75.91%, security consulting and O&M grew steadily at 24.53%, while electronic certification services increased by 3.69% - Electronic Certification Services: Includes digital certificates and electronic signature services, forming the company's foundational business, with revenue increasing by **3.69%** during the reporting period[48](index=48&type=chunk)[49](index=49&type=chunk) - Security Integration: Provides customized network security solutions to clients and is the fastest-growing business segment, with the number of completed projects increasing by **82.86%** and revenue growing by **75.91%** during the reporting period[50](index=50&type=chunk)[53](index=53&type=chunk) - Security Consulting and Operation and Maintenance Services: Offers professional services such as risk assessment and penetration testing, with revenue increasing by **24.53%** during the reporting period[54](index=54&type=chunk) [Core Competitiveness Analysis](index=10&type=section&id=三、核心竞争力分析) The company's core competitiveness stems from its integrated network security solutions, leading technological capabilities, continuous innovation, nationwide marketing, and high-quality client base across various sectors - The company provides integrated network security solutions that ensure system operation, business continuity, and digital asset security[61](index=61&type=chunk) - As of the end of the reporting period, the company holds **12 invention patents** and **120 software copyrights**, and has led or participated in the formulation of **46 national, industry, and local standards**[62](index=62&type=chunk)[64](index=64&type=chunk) - The company has established an integrated marketing system covering over **30 provinces and cities nationwide**, encompassing headquarters, regional offices, and key cities[66](index=66&type=chunk) [Discussion and Analysis of Operations](index=12&type=section&id=第四节%20经营情况讨论与分析) This section provides a detailed analysis of the company's operational performance, financial position, investment activities, and risk management strategies [Operating Overview](index=12&type=section&id=一、概述) In H1 2019, the company achieved 256.62 million yuan in revenue, up 23.62%, and 26.78 million yuan in net profit, up 10.67%, driven by growth in traditional and emerging sectors, regional expansion, and significant R&D investments Key Operating Indicators | Indicator | Amount | YoY Growth | | :--- | :--- | :--- | | Operating Revenue | 256.62 million yuan | 23.62% | | Operating Profit | 32.07 million yuan | 14.64% | | Net Profit Attributable to Parent | 26.78 million yuan | 10.67% | - Regional business growth was rapid, with revenue in East China, South China, and Northeast China increasing by over **20%**, and Central China and Northwest China by over **80%** year-over-year[71](index=71&type=chunk)[73](index=73&type=chunk) - In R&D, the company launched the biometric collaborative signature system (Yiqianshun) and actively participated in **11 national-level research projects**, including **10 key national R&D programs** in "Cybersecurity"[77](index=77&type=chunk)[78](index=78&type=chunk) [Main Business Analysis](index=14&type=section&id=二、主营业务分析) Security integration revenue grew fastest at 75.91% with a 49.09% gross margin, electronic certification services generated the most revenue at 124.68 million yuan with the highest gross margin of 72.27%, and security consulting and O&M grew 24.53% with a 60.85% gross margin Main Business by Product or Service | Product or Service | Operating Revenue (RMB) | Operating Cost (RMB) | Gross Margin | YoY Operating Revenue Change | | :--- | :--- | :--- | :--- | :--- | | Electronic Certification Services | 124,682,213.55 | 34,574,452.18 | 72.27% | 3.69% | | Security Integration | 79,285,331.23 | 40,365,524.72 | 49.09% | 75.91% | | Security Consulting and O&M Services | 52,653,053.46 | 20,615,217.26 | 60.85% | 24.53% | Main Business by Region | Region | Operating Revenue (RMB) | Operating Cost (RMB) | Gross Margin | YoY Operating Revenue Change | | :--- | :--- | :--- | :--- | :--- | | North China | 197,996,068.36 | 78,026,850.83 | 60.59% | 19.06% | | Other Regions | 58,624,529.88 | 17,528,343.33 | 70.10% | 41.97% | [Analysis of Assets and Liabilities](index=16&type=section&id=四、资产、负债状况分析) As of the end of the reporting period, total assets were 1.11 billion yuan, with a significant decrease in cash and cash equivalents' proportion and an increase in inventory and construction in progress due to the Wuhan office building construction Significant Changes in Asset Composition | Item | Proportion of Total Assets at Period End | Proportion of Total Assets at Prior Year End | Change in Proportion | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 18.22% | 42.94% | -24.72% | | Accounts Receivable | 23.82% | 24.31% | -0.49% | | Inventory | 16.41% | 11.67% | 4.74% | | Construction in Progress | 2.89% | 0.00% | 2.89% | - At period-end, **24.40 million yuan** of other cash and cash equivalents were restricted assets, primarily performance bonds[94](index=94&type=chunk) [Analysis of Investment Status](index=16&type=section&id=五、投资状况分析) During the reporting period, the company invested 153 million yuan of raised funds and used 80 million yuan of idle raised funds and 200 million yuan of own funds for bank wealth management products, with 270 million yuan outstanding at period-end - Total raised funds amounted to **227 million yuan**, with **41.17 million yuan** invested during the reporting period, and a cumulative investment of **153 million yuan**[97](index=97&type=chunk) - Due to the construction period required for the self-built office building for the raised fund projects, the implementation period for all raised fund projects has been extended to December 31, 2019[102](index=102&type=chunk) Overview of Wealth Management Products (Unit: 10,000 yuan) | Specific Type | Source of Funds | Amount of Wealth Management Transactions | Outstanding Balance | Overdue Unrecovered Amount | | :--- | :--- | :--- | :--- | :--- | | Bank Wealth Management Products | Partially Idle Raised Funds | 8,000 | 7,000 | 0 | | Bank Wealth Management Products | Temporarily Idle Own Funds | 20,000 | 20,000 | 0 | | Total | | 28,000 | 27,000 | 0 | [Analysis of Major Holding and Participating Companies](index=21&type=section&id=七、主要控股参股公司分析) The company's main subsidiaries include Anxintianxing, Digital Certificate (Wuhan), and Digital Medical Information, with Anxintianxing being the primary profit contributor at 4.15 million yuan in net profit, while the others incurred losses Financial Performance of Major Subsidiaries (Unit: RMB) | Company Name | Main Business | Operating Revenue | Net Profit | | :--- | :--- | :--- | :--- | | Anxintianxing | System Integration and O&M Services | 91,470,957.78 | 4,154,254.84 | | Digital Certificate (Wuhan) | Information Security and Software Services | - | -289,138.01 | | Digital Medical Information | Internet Medical Services | 2,582,580.70 | -3,288,459.12 | [Risks Faced by the Company and Countermeasures](index=21&type=section&id=九、公司面临的风险和应对措施) The company faces risks from project uncertainties, rapid technological advancements, seasonal revenue fluctuations, and high accounts receivable, which it plans to address through market expansion, R&D, client diversification, and enhanced receivables management - The "Beijing Corporate Unified Certificate" project faces uncertainty regarding its arrangements after the 2019 service period[120](index=120&type=chunk) - The company faces risks from rapid advancements in information technology, as traditional perimeter-based security systems are becoming ineffective, necessitating new security architecture designs[123](index=123&type=chunk) - Business revenue is subject to seasonal fluctuations, as government clients typically conduct project acceptance and settlement in the second half of the year[124](index=124&type=chunk) - As the scale of operations expands, accounts receivable balances are increasing, potentially leading to risks of uncollectible amounts[125](index=125&type=chunk) [Significant Matters](index=23&type=section&id=第五节%20重要事项) This section details significant events during the reporting period, including shareholder meetings, profit distribution plans, litigation, and related party transactions [Shareholder Meetings and Profit Distribution](index=23&type=section&id=一、报告期内召开的年度股东大会和临时股东大会的有关情况) During the reporting period, the company held three shareholder meetings and planned no cash dividends, bonus shares, or capital reserve conversions for the half-year period - A total of **three shareholder meetings** were held during the reporting period, with investor participation rates all exceeding **64%**[128](index=128&type=chunk) - The company's half-year profit distribution plan is to not distribute cash dividends, bonus shares, or convert capital reserves into share capital[129](index=129&type=chunk) [Litigation Matters](index=24&type=section&id=八、诉讼事项) The company had no major litigation or arbitration matters during the reporting period, but one ongoing case involves a lawsuit against the Jiangsu Provincial Local Taxation Bureau for breach of contract, with an uncertain outcome - In January 2018, the company filed a lawsuit against the Jiangsu Provincial Local Taxation Bureau for breach of contract regarding the CA certification service project for its online tax system, with the case still ongoing and the outcome uncertain[134](index=134&type=chunk) [Significant Related Party Transactions](index=25&type=section&id=十三、重大关联交易) During the reporting period, the company did not engage in any significant related party transactions related to daily operations, asset or equity acquisitions/disposals, or major related party debts/receivables - The company did not engage in significant related party transactions related to daily operations during the reporting period[141](index=141&type=chunk) - The company did not engage in related party transactions involving asset or equity acquisitions or disposals during the reporting period[142](index=142&type=chunk) [Changes in Share Capital and Shareholder Information](index=27&type=section&id=第六节%20股份变动及股东情况) This section details changes in the company's share capital, including the impact of a capital reserve to share capital transfer, and provides an overview of shareholder numbers and major holdings [Changes in Share Capital](index=27&type=section&id=一、股份变动情况) The company's total share capital increased from 120 million to 180 million shares due to a 10-for-5 capital reserve to share capital transfer in 2018, resulting in a 33.33% reduction in per-share financial metrics - Due to the implementation of the 2018 annual equity distribution plan, where capital reserves were converted into shares at a rate of **5 shares for every 10 shares**, the company's total share capital increased from **120 million shares** to **180 million shares**[161](index=161&type=chunk)[162](index=162&type=chunk) - The share capital change resulted in a **33.33% reduction** in basic earnings per share, diluted earnings per share, and net assets per common share attributable to the company's shareholders for the most recent year and period[162](index=162&type=chunk) [Shareholder Numbers and Shareholding Status](index=28&type=section&id=三、公司股东数量及持股情况) As of the end of the reporting period, the company had 12,712 common shareholders, with Beijing State-owned Assets Management Co., Ltd. and Capital Information Development Co., Ltd. being the two largest shareholders, both holding 26.24% - As of the end of the reporting period, the total number of common shareholders was **12,712**[165](index=165&type=chunk) Top Five Shareholders' Shareholding Status | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Beijing State-owned Assets Management Co., Ltd. | State-owned Legal Person | 26.24% | 47,237,193 | | Capital Information Development Co., Ltd. | State-owned Legal Person | 26.24% | 47,223,931 | | Beijing Keqiao Venture Capital Center (Limited Partnership) | Domestic General Legal Person | 6.25% | 11,250,000 | | Zhan Banghua | Domestic Natural Person | 2.75% | 4,954,968 | | BOCOM Schroders Alpha Core Mixed Securities Investment Fund | Other | 1.83% | 3,291,692 | - The top three shareholders, Beijing State-owned Assets Management Co., Ltd., Capital Information Development Co., Ltd., and Beijing Keqiao Venture Capital Center (Limited Partnership), have an associated relationship[169](index=169&type=chunk) [Information on Directors, Supervisors, and Senior Management](index=32&type=section&id=第八节%20董事、监事、高级管理人员情况) This section provides details on the shareholdings and personnel changes among the company's directors, supervisors, and senior management during the reporting period [Changes in Shareholdings and Personnel of Directors, Supervisors, and Senior Management](index=32&type=section&id=一、董事、监事和高级管理人员持股变动) During the reporting period, some directors, supervisors, and senior management saw their shareholdings increase due to a capital reserve to share capital transfer, while Vice General Manager Zhang Yiqian reduced his holdings by 111,000 shares, and a new director was appointed - During the reporting period, the shareholdings of executives such as Chairman Zhan Banghua and General Manager Lin Xueyan increased due to the capital reserve to share capital transfer[187](index=187&type=chunk) - Vice General Manager Zhang Yiqian reduced his shareholding by **111,000 shares** in this period[187](index=187&type=chunk) - Director Jiang Feng resigned on February 18, 2019, and Ms. Xu Xiangyan was appointed as a new director on March 18, 2019[188](index=188&type=chunk) [Financial Report](index=34&type=section&id=第十节%20财务报告) This section presents the company's unaudited consolidated and parent company financial statements for the first half of 2019, along with detailed notes on accounting policies and specific financial items [Financial Statements](index=34&type=section&id=二、财务报表) This section provides the company's unaudited consolidated and parent company financial statements for the first half of 2019, including the balance sheet, income statement, cash flow statement, and statement of changes in owners' equity - The consolidated balance sheet shows that as of June 30, 2019, the company's total assets were **1.11 billion yuan**, and total liabilities were **500.13 million yuan**[197](index=197&type=chunk)[207](index=207&type=chunk) - The consolidated income statement indicates that total operating revenue for the first half of 2019 was **256.62 million yuan**, with a net profit of **26.78 million yuan**[218](index=218&type=chunk)[221](index=221&type=chunk) - The consolidated cash flow statement shows that net cash flow from operating activities was **-149.32 million yuan**[233](index=233&type=chunk)[237](index=237&type=chunk) [Company Basic Information](index=54&type=section&id=三、公司基本情况) This section outlines the company's historical development, including its establishment in 2001, subsequent capital increases, equity changes, and shareholding reforms, with its total share capital reaching 180 million shares after a 2019 capital reserve transfer - The company was established on February 28, 2001, and has undergone multiple equity changes and capital increases[268](index=268&type=chunk) - On May 16, 2019, the company implemented a capital reserve to share capital transfer of **5 shares for every 10 shares**, increasing its total share capital to **180 million shares**[279](index=279&type=chunk) - The company owns three wholly-owned subsidiaries: Beijing Anxintianxing Technology Co., Ltd., Digital Certificate (Wuhan) Co., Ltd., and Beijing Digital Medical Information Technology Co., Ltd[280](index=280&type=chunk) [Significant Accounting Policies and Estimates](index=57&type=section&id=五、重要会计政策及会计估计) The company adopted new financial instrument standards from January 1, 2019, revising financial statement formats, and applies specific revenue recognition methods for electronic certification, security integration, and consulting services, with R&D expenditures capitalized upon meeting specific criteria - The company adopted new financial instrument standards from January 1, 2019, and retrospectively adjusted retained earnings at the beginning of the period[461](index=461&type=chunk)[472](index=472&type=chunk) - Revenue recognition methods: Electronic certification services are recognized proportionally over the service period; security integration is recognized upon preliminary client acceptance; security consulting and operation and maintenance services are recognized using the percentage-of-completion method[427](index=427&type=chunk)[428](index=428&type=chunk) - Internal research and development expenditures are classified into research phase (expensed) and development phase (capitalized upon meeting conditions)[400](index=400&type=chunk)[401](index=401&type=chunk) [Taxation](index=83&type=section&id=六、税项) The company and its subsidiary Anxintianxing benefit from a 15% corporate income tax rate as high-tech enterprises and a VAT refund policy for self-developed software, receiving 8.40 million yuan in VAT refunds during the reporting period - The company and its subsidiary Anxintianxing enjoy a **15% corporate income tax preferential rate** as high-tech enterprises[477](index=477&type=chunk) - The company benefits from a preferential policy allowing for an immediate refund of VAT paid on self-developed software products that exceeds **3%** of the actual tax burden[476](index=476&type=chunk) - During the reporting period, the company received **8.40 million yuan** in software VAT refunds, which were recorded as other income[478](index=478&type=chunk) [Notes to Consolidated Financial Statements](index=84&type=section&id=七、合并财务报表项目注释) This section provides detailed explanations of key items in the consolidated financial statements, including accounts receivable of 264 million yuan (after a 70.81 million yuan bad debt provision), construction in progress of 31.99 million yuan for the Wuhan R&D base, and R&D expenses of 65.59 million yuan, up 77.65% - At period-end, accounts receivable had a book balance of **335 million yuan**, with a bad debt provision of **70.81 million yuan**, resulting in a book value of **264 million yuan**; the top five customers accounted for **34.90%** of the total accounts receivable[490](index=490&type=chunk)[500](index=500&type=chunk) - Construction in progress had a period-end balance of **31.99 million yuan**, primarily for the Wuhan R&D base project, which has a budget of **130 million yuan** and is **24.61%** complete[529](index=529&type=chunk)[530](index=530&type=chunk) H1 2019 Expense Details (Unit: RMB) | Item | Current Period Amount | Prior Period Amount | | :--- | :--- | :--- | | Selling Expenses | 35,813,240.56 | 35,853,053.64 | | Administrative Expenses | 30,570,731.89 | 27,677,796.21 | | R&D Expenses | 65,590,475.26 | 36,921,817.23 | | Financial Expenses | -1,254,313.72 | -1,046,200.86 |

北京数字认证股份有限公司 2019 年第一季度报告全文 北京数字认证股份有限公司 2019 年第一季度报告 （2019-038） 2019 年 04 月 1 北京数字认证股份有限公司 2019 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。 公司负责人詹榜华、主管会计工作负责人林雪焰及会计机构负责人(会计主 管人员)高青山声明：保证季度报告中财务报表的真实、准确、完整。 2 北京数字认证股份有限公司 2019 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 √ ...

北京数字认证股份有限公司 2018 年年度报告全文 北京数字认证股份有限公司 2018 年年度报告 2019-020 2019 年 03 月 1 北京数字认证股份有限公司 2018 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人詹榜华、主管会计工作负责人林雪焰及会计机构负责人(会计主 管人员)高青山声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测 与承诺之间的差异，请投资者注意投资风险。 | --- | |-----------------------------------------------------------------------------------------| | | | 公司存在 " 北京市法人一证通 " 项目风险、信息技术快速进步风险、业务收 ...

Financial Performance - Operating revenue for the reporting period was CNY 118,585,373.66, representing a year-on-year growth of 21.78%[8] - Net profit attributable to shareholders was CNY 14,968,938.98, an increase of 3.98% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,361,266.92, up by 8.78% compared to the same period last year[8] - Basic earnings per share for the reporting period was CNY 0.1247, reflecting a 4.00% increase year-on-year[8] - Total operating revenue for the current period reached ¥118,585,373.66, compared to ¥97,376,625.21 in the previous period, indicating a growth of approximately 21.8%[34] - Net profit for the current period was ¥14,968,938.98, slightly up from ¥14,395,845.57, representing an increase of approximately 4%[36] - Total operating revenue for the third quarter was CNY 326,175,748.52, an increase of 20.66% compared to CNY 270,477,605.47 in the same period last year[43] - Net profit for the third quarter reached CNY 17,506,965.22, up 22.88% from CNY 14,247,947.72 year-on-year[41] - Operating profit for the third quarter was CNY 21,217,565.98, representing a growth of 22.67% compared to CNY 17,361,452.60 in the previous year[40] - The total profit for the third quarter was CNY 21,217,565.98, reflecting a 22.67% increase from CNY 17,361,452.60 year-on-year[40] Assets and Liabilities - Total assets increased by 4.16% to CNY 970,129,287.16 compared to the end of the previous year[8] - Current assets totaled ¥661,996,021.43, down from ¥704,981,996.59, a decrease of approximately 6.1%[32] - Non-current assets increased to ¥101,382,346.92 from ¥61,329,796.91, reflecting a growth of about 65.3%[32] - Total liabilities decreased to ¥244,818,767.43 from ¥272,052,309.31, a reduction of approximately 10%[32] - Owner's equity rose to ¥518,559,600.92 from ¥494,259,484.19, indicating an increase of about 4.9%[33] Cash Flow - The company reported a net cash flow from operating activities of CNY 19,191,799.44, an increase of 131.03% year-to-date[8] - Cash flow from operating activities generated a net amount of CNY 19,191,799.44, a significant improvement from a net outflow of CNY 61,854,347.15 in the previous year[49] - Total cash inflow from operating activities was CNY 495,564,520.52, compared to CNY 308,971,498.40 in the prior year, indicating a growth of 60.5%[49] - The company reported cash and cash equivalents at the end of the period amounting to CNY 252,427,675.20, down from CNY 289,873,494.65 year-over-year[52] - Investment activities resulted in a net cash outflow of CNY 208,608,685.87, compared to a net outflow of CNY 103,588,972.54 in the same period last year[51] - The total operating cash outflow was CNY 476,372,721.08, compared to CNY 370,825,845.55 in the previous year, reflecting an increase of 28.5%[49] Expenses - Total operating costs increased to ¥105,256,345.87 from ¥84,209,598.54, reflecting a rise of about 25%[34] - R&D expenses rose by 41.99% year-on-year, reflecting the company's increased investment in research and development[17] - Research and development expenses rose to ¥25,201,887.01 from ¥16,524,537.12, marking an increase of about 52.5%[34] - Research and development expenses increased to CNY 63,397,335.10, a rise of 42.00% from CNY 44,647,681.44 in the same quarter last year[43] - Cash paid for purchasing goods and services increased by 42.71% year-on-year, reflecting the expansion of operational scale and increased procurement needs[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,770[12] - The top two shareholders, both state-owned entities, held 26.24% of the shares each[12] Tax and Other Income - Revenue-related taxes increased by 42.48% year-on-year, driven by higher income during the reporting period[17] - The company reported a tax expense of CNY 3,710,600.76 for the third quarter, which is an increase from CNY 3,113,504.88 in the same period last year[40] - The company reported a significant increase in other income to ¥5,060,214.86 from ¥4,013,618.56, reflecting a growth of about 26%[36] Miscellaneous - The weighted average return on equity was 2.76%, a decrease of 3.83% compared to the previous year[8] - Non-recurring gains and losses totaled CNY 5,600,828.35 for the year-to-date[9] - Cash received from sales of goods and services increased by 65.77% year-on-year, mainly due to a rise in recovered payments[18] - Cash received from investment income surged by 107.53% year-on-year, primarily due to higher returns from bank wealth management products[19] - Cash paid for acquiring fixed assets and other long-term assets increased by 139.50% year-on-year, mainly due to increased equipment purchases during the reporting period[19] - Earnings per share (EPS) for the third quarter was CNY 0.3264, down from CNY 0.3929 in the previous year[45] - Total comprehensive income for the third quarter was CNY 39,164,488.71, compared to CNY 46,016,841.20 in the same period last year, indicating a decrease of 15.06%[45] - Investment income for the third quarter was CNY 658,739.73, slightly up from CNY 613,698.63 year-on-year[40] - The financial statements are signed and stamped by the company's responsible persons, accounting supervisor, and accounting institution head[59] - All company documents publicly disclosed on the designated website of the China Securities Regulatory Commission during the reporting period are available[59] - The original report for Q3 2018 is signed by the company's legal representative[59]

Financial Performance - Total operating revenue for the first half of 2018 was CNY 207,590,374.86, representing a 19.92% increase compared to CNY 173,100,980.26 in the same period last year[17]. - Net profit attributable to shareholders decreased by 26.13% to CNY 24,195,549.73 from CNY 32,753,852.45 year-on-year[17]. - Net profit after deducting non-recurring gains and losses increased by 19.40% to CNY 20,202,393.44 from CNY 16,920,396.57 in the previous year[17]. - Basic earnings per share decreased by 25.93% to CNY 0.20 from CNY 0.27 year-on-year[17]. - The total comprehensive income for the first half of 2018 was CNY 24,195,549.73, down from CNY 31,620,995.63 in the same period of 2017[154]. - The company reported a decrease in capital of 40,000,000.00 yuan due to internal transfers[171]. - The total comprehensive income for the current period is 30,793,151, a significant increase compared to the previous period[175]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -103,587,997.68, worsening by 53.79% compared to CNY -67,358,084.23 in the same period last year[17]. - Cash and cash equivalents decreased by 56.73% to -¥82,233,816.49, primarily due to increased cash outflows from operating activities and bank wealth management purchases[53]. - The company experienced a net decrease in cash and cash equivalents of -82,233,816.49 CNY, compared to -190,054,881.82 CNY in the previous period[162]. - Total cash inflow from operating activities was 206,039,799.62 CNY, while cash outflow was 309,627,797.30 CNY, resulting in a net cash flow deficit[161]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 902,891,009.08, a decrease of 3.06% from CNY 931,346,063.07 at the end of the previous year[17]. - The company's total liabilities decreased from CNY 385,916,388.06 to CNY 357,265,784.34, a decrease of about 7.5%[145]. - The accounts receivable balance has been increasing due to the company's growth, with a focus on improving management and collection processes to mitigate risks[89]. - Inventory rose to ¥105,345,913.12, up from ¥72,934,934.30, indicating an increase of approximately 44.5%[143]. Revenue Streams - Revenue from electronic certification services grew by 11.91% year-on-year, driven by increased usage of digital certificates and new applications in various sectors[26]. - Revenue from security integration services rose by 27.38% year-on-year, with projects over 2 million increasing by 70.13%[28]. - Revenue from security consulting and operation services increased by 39.64% year-on-year, with a 14% rise in the number of projects confirmed[29]. - The company's main business revenue increased by 19.92% year-on-year during the reporting period[24]. Investments and Subsidiaries - The company established two wholly-owned subsidiaries during the reporting period to enhance management efficiency and risk control[49]. - A new subsidiary, Digital Medical Trust, was established to provide secure medical information solutions, targeting the growing demand in the healthcare sector[45]. - The company established three wholly-owned subsidiaries: Anxin Tianxing, Digital Certification Wuhan, and Digital Yixin[190]. Market Position and Growth - The company operates in a rapidly growing network security market, driven by increasing investment in security measures and new technology applications[30]. - The company has established a leading market position in electronic government and healthcare sectors, with significant growth opportunities in finance and education[24]. - The government has introduced policies that favor the company's services in e-government and healthcare, enhancing business prospects[32]. Research and Development - Research and development investment increased by 26.92% to ¥36,921,817.23 from ¥29,090,891.67 year-on-year[53]. - The company is expanding its research and development capabilities by establishing a new R&D center in Wuhan, focusing on advanced certification technologies[47]. Risk Factors - The company faces risks including project risks related to "Beijing Legal Person One Certificate Pass" and seasonal fluctuations in business revenue[4]. - The company has not reported any changes in the fundraising projects during the reporting period[72]. Corporate Governance - The company has not distributed cash dividends or bonus shares for the half-year period[93]. - The company did not engage in derivative investments during the reporting period, indicating a conservative investment strategy[77]. - The company has not experienced any major litigation or arbitration matters during the reporting period[98].

Financial Performance - Total revenue for Q1 2018 reached ¥85,143,073.21, an increase of 32.08% compared to ¥64,464,660.49 in the same period last year[9] - Net profit attributable to shareholders was ¥6,086,000.62, a significant increase of 410.93% from a loss of ¥1,957,344.91 in the previous year[9] - Basic earnings per share rose to ¥0.0761, up 480.50% from a loss of ¥0.02 per share in the same period last year[9] - The total profit for the period was 7.68 million yuan, compared to a loss of 0.61 million yuan in the same period last year; net profit attributable to shareholders was 6.09 million yuan, up from a loss of 1.96 million yuan[26] - The company's operating revenue for Q1 2018 was CNY 57,364,519.84, an increase from CNY 54,073,759.28 in the same period last year, representing a growth of approximately 4.25%[53] - The net profit for Q1 2018 reached CNY 6,086,000.62, a significant recovery from a net loss of CNY 2,778,077.42 in Q1 2017[50] - The basic and diluted earnings per share for Q1 2018 were both CNY 0.0761, compared to a loss of CNY 0.02 per share in the previous year[51] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥97,969,558.91, compared to -¥54,927,041.94 in the previous year, indicating a worsening cash flow situation[9] - Cash and cash equivalents decreased by 31.93% compared to the beginning of the period, primarily due to the investment of 50 million RMB in bank wealth management products and payment of last year's taxes and bonuses[22] - The net cash flow from operating activities was -97,969,558.91 CNY, compared to -54,927,041.94 CNY in the previous period, indicating a decline of approximately 78.2%[57] - The total cash outflow from operating activities was 175,764,268.52 CNY, compared to 126,388,468.24 CNY in the previous period, reflecting an increase of approximately 39.1%[57] - The cash inflow from sales of goods and services was 38,650,790.67 CNY, compared to 58,549,218.40 CNY in the previous period, indicating a decrease of approximately 34.0%[60] Assets and Liabilities - Total assets decreased by 6.07% to ¥874,820,967.33 from ¥931,346,063.07 at the end of the previous year[9] - Current assets decreased to ¥815,794,686.73 from ¥871,048,877.64 at the beginning of the period, a decline of approximately 6.4%[41] - Total liabilities decreased to ¥323,305,291.70 from ¥385,916,388.06, a reduction of approximately 16.2%[43] - Total equity increased to ¥551,515,675.63 from ¥545,429,675.01, showing a slight growth of about 1.3%[44] - Accounts receivable increased to ¥166,348,706.80 from ¥141,573,415.38, representing a growth of approximately 17.5%[41] Operational Highlights - The company's revenue for the first quarter increased by 32.08% year-on-year, driven by significant growth in security integration (up 71.87%) and security consulting and operation services (up 185.46%) [23] - Security integration revenue grew by 71.87% year-on-year, while security consulting and operation services revenue increased by 185.46%[26] - The company will actively develop high-quality clients in various fields to mitigate seasonal revenue fluctuations[13] - The company has made progress in executing its annual business plan for 2018, achieving satisfactory results in operational management[28] Investment and Future Plans - The company plans to deepen the application of the "Beijing Legal Person One Certificate" project to enhance business stickiness and explore value-added services[11] - The company aims to increase investment in electronic signature services and enhance its cloud signature and certification service system[12] - The company plans to continue its investment projects, including reliable electronic signature technology upgrades and new product development, with a completion deadline extended to December 31, 2019[32] Shareholder Information - The company reported a total of 11,267 common shareholders at the end of the reporting period[15] - The cash dividend policy for the reporting period was executed, with a proposal to distribute 3.00 yuan per 10 shares to shareholders[34] Other Financial Metrics - Total operating costs amounted to ¥79,106,567.75, up from ¥67,471,888.31 in the previous period, reflecting rising expenses[49] - Financial expenses increased by 76.45%, reflecting higher interest income from increased cash balances[23] - Asset impairment losses rose by 186.62%, due to increased bad debt provisions corresponding to the growth in accounts receivable[23] - Cash received from tax refunds decreased by 56.28%, mainly due to a reduction in VAT refunds received[24] - Cash paid for purchasing goods and services increased by 121.61%, driven by the expansion of business and increased project activities[25]

Financial Performance - The company's operating revenue for 2017 was ¥519,848,359.34, representing a 16.68% increase compared to ¥445,515,080.90 in 2016[16] - The net profit attributable to shareholders for 2017 was ¥84,245,509.94, a 40.50% increase from ¥59,960,793.41 in 2016[16] - The net cash flow from operating activities increased by 187.08% to ¥115,323,351.32 in 2017, up from ¥40,171,267.53 in 2016[16] - The total assets at the end of 2017 were ¥931,346,063.07, a 25.70% increase from ¥740,949,173.15 at the end of 2016[16] - The net assets attributable to shareholders increased by 12.42% to ¥545,429,675.01 at the end of 2017, compared to ¥485,184,165.07 at the end of 2016[16] - The basic earnings per share for 2017 was ¥1.05, a 5.00% increase from ¥1.00 in 2016[16] - The diluted earnings per share for 2017 was also ¥1.05, reflecting the same 5.00% increase from ¥1.00 in 2016[16] - The weighted average return on equity for 2017 was 16.29%, down from 25.65% in 2016, indicating a decrease of 9.36%[16] - The company achieved a revenue of 520 million yuan and a net profit of 84.25 million yuan, representing a year-on-year growth of 16.68% and 40.50% respectively[42] Revenue Breakdown - Revenue from electronic certification services increased by 19.51% year-on-year, driven by a rise in the total usage of digital certificates and the introduction of innovative electronic signature services[26] - Revenue from security consulting and operation services grew by 42.76%, attributed to a high renewal rate of existing contracts and the acquisition of new clients, with the number of projects increasing by 30%[29] - The electronic certification service segment generated ¥231.56 million, accounting for 44.54% of total revenue, with a year-on-year growth of 19.51%[53] - The total amount of orders in hand for security integration business at the end of 2017 was approximately double that of 2016, although revenue growth was limited to 2.70% due to project construction cycles[28] Investment and R&D - Research and development expenses totaled 53,683,464.64 CNY, accounting for 10.33% of operating revenue, with a slight increase of 1.65% year-on-year[66] - The company has committed RMB 22,666.48 million to investment projects, with a cumulative investment of RMB 8,030.49 million, representing approximately 35.4% of the total commitment[83] - The reliable electronic signature technology upgrade project has a total investment of RMB 6,695.12 million, with 46.09% of the project completed as of the reporting period[83] - The company will invest in a new R&D center in Wuhan to leverage local industry and talent advantages[99] - The company aims to enhance its core competitiveness by improving product R&D, technical services, and operational management systems[94] Market Position and Strategy - The company is a leading provider in the electronic certification industry, holding a significant market share in electronic government services and emerging sectors like healthcare and online insurance[31] - The company has actively explored new business areas such as "Internet + government services" and education, enhancing its core competitiveness through technological innovation[30] - The company plans to strengthen its market presence in key industries, including finance, healthcare, and education, by offering tailored solutions[96] - The company aims to enhance its core competitiveness by strengthening electronic certification services and expanding its customer base, aiming for a significant increase in market share[119] Risks and Challenges - The company faces risks related to project execution, rapid technological advancements, seasonal revenue fluctuations, and high accounts receivable[4] - The company is actively seeking to reduce reliance on government clients by diversifying its customer base to mitigate seasonal revenue risks[104] - The company reported a seasonal revenue fluctuation, with Q4 2017 revenue accounting for 47.97% of the total annual revenue[104] Shareholder and Governance - The company plans to distribute a cash dividend of ¥3.00 per 10 shares, with no bonus shares issued[4] - The cash dividend amount for 2017 was CNY 24,000,000, representing 28.49% of the net profit attributable to ordinary shareholders, which was CNY 84,245,509.94[113] - The company has established a strategy to ensure compliance with shareholding commitments to maintain market stability[115] - The company is focused on maintaining shareholder value while adhering to regulatory commitments regarding share transfers and dividends[115] Employee and Management - The total number of employees in the company is 1,001, with 659 in the parent company and 342 in major subsidiaries[196] - The professional composition includes 594 technical personnel, 156 production personnel, and 145 sales personnel[196] - The company has established a comprehensive training system, including new employee orientation and professional skills training[198] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 5.68 million[195] Compliance and Legal Matters - The board has confirmed that there are no non-standard audit reports for the latest period, ensuring compliance with accounting standards[125] - The company has not faced any penalties from securities regulatory authorities in the past three years[192] - The company has not reported any instances of non-compliance with commitments made to minority shareholders[123]

Financial Performance - Operating revenue for the reporting period was ¥97,376,625.21, representing an increase of 11.63% year-on-year[9] - Net profit attributable to shareholders was ¥14,395,845.57, a significant increase of 267.69% compared to the same period last year[9] - Basic earnings per share for the reporting period was ¥0.1799, up 175.50% year-on-year[9] - The weighted average return on net assets was 2.87%, an increase of 56.52% compared to the same period last year[9] - Operating profit, total profit, net profit, and net profit attributable to shareholders of the parent company increased by 192.33%, 136.25%, 179.83%, and 161.56% respectively compared to the same period last year, driven by revenue growth and effective cost control[22] - Basic earnings per share increased by 96.67% compared to the same period last year, attributed to the growth in net profit[22] - The net profit for the third quarter reached CNY 14,395,845.57, significantly up from CNY 3,275,366.28, marking an increase of 339.5% year-over-year[40] - The operating profit for the third quarter was CNY 15,528,324.89, compared to CNY 4,119,609.80 in the same period last year, reflecting a growth of 276.5%[39] - The company reported a total profit of CNY 17,348,794.86 for the third quarter, up from CNY 5,086,271.06, representing an increase of 241.5%[39] - Basic and diluted earnings per share for the third quarter were both CNY 0.1799, compared to CNY 0.0653 in the previous year, indicating a growth of 175.5%[40] Assets and Liabilities - Total assets at the end of the reporting period reached ¥802,366,199.61, an increase of 8.29% compared to the end of the previous year[9] - The total assets of the company increased to CNY 802,366,199.61 from CNY 740,949,173.15 at the beginning of the period, reflecting a growth of approximately 8.3%[33] - Total liabilities rose to CNY 294,032,336.52, compared to CNY 256,300,015.63 in the previous period, indicating an increase of about 14.7%[32] - The company's total equity increased to CNY 508,333,863.09 from CNY 484,649,157.52, representing a growth of approximately 4.9%[33] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥61,854,347.15, a decrease of 15.14% compared to the previous year[9] - Cash and cash equivalents decreased by 38.75% compared to the beginning of the period, primarily due to the company's investment of idle funds in bank wealth management products[20] - The cash and cash equivalents decreased to CNY 232,868,429.97 from CNY 440,703,384.89, a decline of approximately 47.2%[34] - The net cash flow from operating activities was negative at CNY -61,854,347.15 for Q3 2017, an improvement from CNY -72,886,105.47 in the same quarter last year[54] - The company reported a cash flow net decrease of CNY 208,514,986.55 for the quarter, compared to a decrease of CNY 92,032,572.38 in the same period last year[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,318[13] - The top two shareholders, Beijing State-owned Assets Management Co., Ltd. and Capital Information Development Co., Ltd., each held 26.24% of the shares[13] - The company reported no changes in the number of restricted shares during the reporting period[15] Receivables and Inventory - Accounts receivable increased by 66.63% compared to the beginning of the period, mainly due to some projects not yet receiving payment[20] - Inventory increased by 87.59% compared to the beginning of the period, primarily due to an increase in raw material stock for production[20] - Other receivables increased by 33.50% compared to the beginning of the period, mainly due to an increase in paid deposits[20] Other Income and Expenses - Non-recurring gains and losses totaled ¥17,946,686.98, including government subsidies and investment income[10] - Cash received from other operating activities increased by 548.53% compared to the same period last year, mainly due to significant government subsidies received[21] - Investment income increased by 100% compared to the same period last year, primarily due to the change in accounting method for a subsidiary and increased returns from idle funds[21] - The company reported a significant increase in financial expenses by 133.75% compared to the same period last year, mainly due to higher returns from idle funds[21] Comprehensive Income - The total comprehensive income for the third quarter was CNY 14,395,845.57, up from CNY 3,275,366.28, reflecting an increase of 339.5%[40]