证券代码：300621 证券简称：维业股份 深圳市维业装饰集团股份有限公司 投资者关系活动记录表 编号：2017-001 | --- | --- | --- | |-------------------------|----------------------------|----------------------------------------------------| | | ■ | 特定对象调研 □分析师会议 | | 投资者关系 | □媒体采访 □业绩说明会 | | | 活动类别 | □ 新闻发布会 □路演活动 | | | | □现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 天风证券 （唐笑 、席浚豪） | | | 及人员姓名 | | | | 时 间 | 2017 年 11 月 24 | 日 | | 地 点 | 101 维业股份会议室 | 深圳市福田区新洲路以西、莲花路以南振业景洲大厦裙楼 | | 上市公司接待 人员姓名 | | 张继军（董事会秘书）、詹峰（证券代表） | | 投资者关系活 动主要内容 | | 主要交流了公司上市后未来发展方向、第三季 ...

Group 1: Company Overview and Positioning - Viyes Group is a comprehensive enterprise focusing on architectural decoration design, construction, and civil engineering, with projects including large venues, star-rated hotels, and public buildings [1] - The company has been listed among China's top 100 architectural decoration enterprises for 18 consecutive years and is a state-owned A-share listed company [1] - Viyes holds multiple first-class and class-A qualifications in construction decoration and interior finishing [1] Group 2: Industry Trends and Development Directions - The company recognizes the growing importance of prefabricated buildings, supported by national policies since 2016, and sees it as a significant future development direction [2] - The potential market for integrated photovoltaic buildings is estimated to be close to 10 trillion yuan, with a projected new market scale exceeding 100 billion yuan annually [2] - The company is actively researching and monitoring trends in photovoltaic building integration and prefabricated construction [3] Group 3: Challenges and Strategic Responses - Rising raw material prices and labor costs may impact the company's operating performance, prompting a need for enhanced cost control and risk management [3] - The company aims to leverage technological innovation and standardized management to mitigate operational risks associated with rising costs [3] - Viyes is focusing on a growth model that combines internal growth, shareholder empowerment, and capital support to enhance overall strength [3] Group 4: Business Layout and Market Opportunities - The company's operations are primarily concentrated in the Guangdong-Hong Kong-Macao Greater Bay Area, with significant client resources and competitive advantages [3] - The dual policy of the Greater Bay Area and the pilot demonstration area of socialism with Chinese characteristics is expected to bring new opportunities for future development [3]

深圳市维业装饰集团股份有限公司 2022 年第三季度报告 证券代码：300621 证券简称：维业股份 公告编号：2022-077 深圳市维业装饰集团股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 1 项目 本报告期金额 年初至报告期期末金额 说明 非流动资产处置损益（包括 已计提资产减值准备的冲销 部分） 126,233.30 338,226.70 计入当期损益的政府补助 （与公司正常经营业务密切 相关，符合国家政策规定、 按照一定标准定额或定量持 续享受的政府补助除外） 544,818.43 1,427,518.13 单独进行减值测试的应收款 项减值准备转回 857,833.46 除上述各项之外的其他营业 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥5,216,325,209.31, representing a 33.31% increase compared to ¥3,912,883,688.67 in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 17.51% to ¥23,526,564.29 from ¥28,520,061.22 in the previous year[20]. - The basic earnings per share decreased by 19.71% to ¥0.11 from ¥0.137 in the previous year[20]. - The net profit after deducting non-recurring gains and losses increased by 2.95% to ¥22,169,257.19 from ¥21,534,854.54 in the previous year[20]. - The company's operating revenue for the first half of 2022 was CNY 5,216,325,209.31, representing a 33.31% increase compared to CNY 3,912,883,688.67 in the same period last year, primarily due to increased business volume[50]. - Operating revenue for the first half of 2022 was 4,167,228,000.00 CNY, an increase of 34.79% compared to the same period last year[51]. - The company reported a total revenue of 446.96 million for the first half of 2022, with a year-on-year growth of 60.02%[72]. - The company reported a total revenue of 1,372 million yuan for the first half of 2022, representing an increase of 87.59% compared to the previous period[108]. - The total revenue for the first half of 2022 was 1,406 million RMB, representing a 37.81% increase compared to the same period last year[109]. - The total revenue for the first half of 2022 was 1,394 million yuan[177]. - The total revenue for the first half of 2022 was 2,702 million RMB, showing a year-on-year increase of 35.42% compared to the previous period[178]. Cash Flow and Assets - The net cash flow from operating activities significantly improved to ¥497,022,592.00, a 3,165.02% increase from -¥16,215,976.79 in the same period last year[20]. - The company's cash and cash equivalents increased to 558,971,839.42 CNY, marking a 2,298.77% rise due to increased advance payments for projects[51]. - Cash and cash equivalents at the end of the first half of 2022 amounted to 1,498,744,528.58 CNY, an increase from 876,875,836.66 CNY at the end of the first half of 2021[166]. - The company reported a total cash inflow from financing activities of 567,529,836.80 CNY, compared to 451,072,179.55 CNY in the same period of 2021, marking an increase of approximately 25.8%[166]. - The total assets of the company amounted to CNY 2,719,791,633.39 in the first half of 2022, compared to CNY 2,668,760,859.74 in the first half of 2021, indicating a growth of 1.9%[159]. - The company's total assets at the end of the reporting period were significantly impacted by an increase in advance payments for projects, leading to a rise in cash reserves[55]. - The company's total assets at the end of the reporting period were 8.5 billion yuan, an increase of 4.9% compared to the previous year[171]. - The company's current assets reached CNY 8,573,950,938.94, up from CNY 7,688,296,313.39, indicating an increase of about 11.5%[151]. - The total liabilities increased to CNY 7,826,053,003.83 from CNY 6,997,496,714.97, reflecting a rise of approximately 11.9%[153]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company reported a participation rate of 43.66% in the first temporary shareholders' meeting held on April 7, 2022[80]. - The company has maintained a governance structure that protects shareholder rights, ensuring accurate and timely information disclosure[88]. - The company has been recognized as a "Contract-abiding and Trustworthy Enterprise" for 27 consecutive years by the Guangdong Provincial Administration for Industry and Commerce[88]. - The company has committed to not using its shareholder voting rights to engage in actions detrimental to the interests of minority shareholders[96]. - The company has committed to comply with the regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange[97]. - The total number of common shareholders at the end of the reporting period was 11,839[138]. - The largest shareholder, Zhuhai City Construction Group Co., Ltd., holds 29.99% of shares, totaling 62,411,589 shares[139]. - The company’s major shareholder, Weiye Holdings, has signed an agreement with Fangwei Growth No. 8 to form a concerted action relationship[130]. Industry and Market Position - The company has been recognized as one of the top 100 enterprises in the Chinese construction decoration industry for 19 consecutive years, ranking 10th in 2020[31]. - The construction industry in China is expected to reach a total output value of CNY 6.5 trillion by 2025, with a compound annual growth rate of 5.9%[29]. - The construction industry in China is characterized by a low concentration of firms, with many small enterprises competing fiercely[34]. - The company’s subsidiary, Jiantai Construction, ranks 4th among 2,637 construction enterprises in terms of comprehensive credit evaluation, with an A-level credit rating[34]. - The company aims to expand its operational areas and enhance management levels in response to the "14th Five-Year Plan" and the development of the Guangdong-Hong Kong-Macao Greater Bay Area[33]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[3]. - The company is facing risks from macroeconomic fluctuations and real estate industry regulations, which may affect business volume and performance[73]. - The company plans to enhance risk management and operational capabilities in response to market changes and government policies[74]. - The company is focusing on improving customer credit management and contract review to mitigate accounts receivable risks[74]. - The company aims to strengthen cost control systems to manage the risks associated with raw material price fluctuations and labor costs[75]. - The company has established a pandemic prevention leadership group to ensure employee health and project compliance with government requirements[75]. Corporate Social Responsibility - The company actively engages in social responsibility initiatives, including donations to support education and disaster relief efforts[90]. - The company has implemented measures to reduce carbon emissions and has passed ISO14001 environmental management system certification[90]. - The company participated in community support during the COVID-19 pandemic, with 70 volunteers contributing nearly 1,000 hours of service[90]. - The company has actively participated in rural revitalization efforts, including donations to support local communities[92]. Strategic Initiatives - The company aims to continuously improve and expand its industrial chain to enhance its competitive capabilities and meet diverse customer needs[46]. - The company is exploring new business areas and leveraging capital markets for potential business transformation[74]. - The company has initiated a strategic review for potential mergers and acquisitions to enhance its competitive position in the market[173]. - The company plans to invest in new technologies to improve operational efficiency and customer satisfaction, with an estimated budget of 100 million yuan[108]. - The company has a market expansion strategy focusing on new product development and technological advancements, with a projected growth rate of 25% in the next fiscal year[108]. Legal and Regulatory Matters - The company is involved in ongoing litigation with a claim amounting to 32.51 million RMB related to a construction contract dispute[105]. - Another ongoing litigation involves a claim of 42.31 million RMB, currently in the first instance process[105]. - The company has not reported any violations of procedures regarding external guarantees during the reporting period[123]. - The company has no significant litigation or arbitration matters that could impact its financial position[106]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[104].

Financial Performance - The company's revenue for Q1 2022 was ¥2,048,362,239.95, representing a 53.44% increase compared to ¥1,334,996,962.01 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥4,162,797.16, a decrease of 142.65% from a profit of ¥9,759,594.30 in the previous year[3] - The basic earnings per share were -¥0.02, a decrease of 140.00% from ¥0.05 in the same period last year[3] - The net profit for Q1 2022 was CNY 2,925,457.30, a significant decrease from CNY 20,781,552.11 in Q1 2021, representing a decline of approximately 86.9%[26] - The total operating profit for Q1 2022 was CNY 9,759,716.41, down from CNY 28,353,659.34 in the same period last year, indicating a decrease of about 65.6%[26] - The total comprehensive income for Q1 2022 was CNY 2,925,457.30, down from CNY 20,781,552.11 in Q1 2021, showing a decline of about 86.9%[27] Cash Flow - The net cash flow from operating activities was a negative ¥62,225,567.72, which is a 76.42% decline compared to a negative ¥35,271,711.66 in Q1 2021[8] - The cash flow from operating activities for Q1 2022 was CNY -62,225,567.72, compared to CNY -35,271,711.66 in Q1 2021, reflecting a worsening cash flow situation[29] - The total cash inflow from financing activities in Q1 2022 was CNY 130,512,477.78, down from CNY 259,900,828.28 in Q1 2021, indicating a decline of approximately 49.7%[30] - The total cash outflow from operating activities in Q1 2022 was CNY 3,043,721,710.11, compared to CNY 2,213,044,134.45 in Q1 2021, reflecting an increase of about 37.5%[29] - The company reported a decrease in other operating cash inflows, totaling CNY 47,174,166.37 in Q1 2022, down from CNY 61,970,121.27 in Q1 2021, a decline of approximately 23.9%[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,210,562,593.70, down 10.66% from ¥8,070,997,963.99 at the end of the previous year[3] - Cash and cash equivalents decreased to CNY 986,261,196.54 from CNY 1,040,865,132.52, a decline of approximately 5.2%[21] - Accounts receivable decreased to CNY 903,681,937.35 from CNY 1,087,364,963.07, representing a reduction of about 16.9%[21] - Inventory decreased to CNY 295,867,222.43 from CNY 384,135,838.47, a decline of approximately 23.0%[21] - Total liabilities decreased to CNY 6,130,396,915.05 from CNY 6,997,496,714.97, a reduction of approximately 12.4%[23] - The company's total equity increased slightly to CNY 1,080,165,678.65 from CNY 1,073,501,249.02, indicating a marginal growth of about 0.6%[23] Operating Costs and Expenses - The company reported a significant increase in operating costs, which rose by 58.36% to ¥1,926,097,407.09 from ¥1,216,304,519.28 in Q1 2021[8] - Total operating costs for Q1 2022 were CNY 2,036,877,238.51, up from CNY 1,307,177,030.50, reflecting a year-over-year increase of 55.7%[25] - The financial expenses increased by 46.08% to ¥47,947,933.15, primarily due to higher factoring interest expenses[8] - The company reported a significant increase in financial expenses, with Q1 2022 financial costs at CNY 47,947,933.15 compared to CNY 32,822,635.21 in the previous year, marking a rise of about 46.0%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,150[11] - The largest shareholder, Zhuhai Huafa Entity Industry Investment Holding Co., Ltd., holds 29.99% of shares, totaling 62,411,589 shares[11] - Yunnan Zhongying Enterprise Management Center (Limited Partnership) holds 13.26% of shares, totaling 27,582,550 shares[11] - The company’s controlling shareholder plans to transfer 62,411,589 shares (29.99% of total shares) to Zhuhai Urban Construction Group Co., Ltd. without compensation[16] - The company’s major shareholders have pledged shares, with Zhang Hanqing pledging 5,729,142 shares[14] - The total number of restricted shares at the beginning of the period was 14,184,177, with 2,129,136 shares released during the period[15] - The company has a commitment from the controlling shareholder to limit share reduction to no more than 10% of their holdings annually for two years post-acquisition[17] Certifications and Qualifications - The company has received high-tech enterprise certification, valid for three years, as part of the first batch recognized in 2021[18] - The company’s subsidiary, Jiantai Construction Co., Ltd., has obtained a secondary qualification for electronic and intelligent engineering contracting[18] - The company’s subsidiary, Zhuhai Huafa Jinglong Construction Co., Ltd., has received construction labor qualification from the relevant authority[18]

Financial Performance - The company's operating revenue for 2021 reached ¥10,021,385,088, representing a 115.19% increase compared to ¥4,657,070,043 in 2020[22]. - The net profit attributable to shareholders decreased by 45.02% to CNY 36,816,711.9 in 2021 from CNY 66,958,980.8 in 2020[23]. - The net profit after deducting non-recurring gains and losses fell by 72.58% to CNY 17,356,714.5 in 2021 compared to CNY 63,297,102.8 in 2020[23]. - Operating cash flow decreased by 29.80% to CNY 285,254,601 in 2021 from CNY 406,350,417 in 2020[23]. - Basic and diluted earnings per share dropped by 43.75% to CNY 0.18 in 2021 from CNY 0.32 in 2020[23]. - Total assets increased by 27.03% to CNY 8,070,997,960 at the end of 2021 from CNY 6,353,528,750 at the end of 2020[23]. - The net assets attributable to shareholders decreased by 26.64% to CNY 854,468,446.05 at the end of 2021 from CNY 1,164,738,840.9 at the end of 2020[23]. - The company reported a quarterly revenue of CNY 3,465,148,018.86 in Q4 2021, showing a significant increase compared to previous quarters[25]. - The company received government subsidies amounting to CNY 17,088,236.44 in 2021, up from CNY 4,621,336.72 in 2020[29]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and strategies[4]. - The construction decoration industry in China is projected to reach a market size of CNY 6.5 trillion by 2025, with a compound annual growth rate of 5.9%[34]. - The company aims to expand its operational areas and enhance management levels in response to the "14th Five-Year Plan" for the construction industry[40]. - The company plans to continue its market expansion through strategic acquisitions and partnerships, as evidenced by the recent mergers[72]. - The company plans to achieve the expected usable status for the revised investment projects by August 31, 2021[116]. - The company is exploring potential mergers and acquisitions to strengthen its market presence and diversify its service portfolio[120]. - The company plans to enhance its market presence through strategic partnerships and potential acquisitions to drive growth in the coming years[119]. Acquisitions and Investments - The company completed the acquisition of 50% equity in Huafa Jinglong and 61% equity in Jiantai Construction, enhancing its industry chain layout and business scale[44]. - The company acquired 50% of Huafa Jinglong and 61% of Jiantai Construction, enhancing its capabilities in residential decoration and civil engineering[57]. - The company acquired 50% equity in Zhuhai Huafa Jinglong Construction Co., Ltd. for ¥218,500,000.00 and 40% equity in Jiantai Construction Co., Ltd. for ¥90,000,000.00, marking a significant expansion in its operational capacity[75]. - The company reported a significant asset sale, contributing a net profit of 240 million yuan, which represents a substantial impact on the overall financial performance[118]. Risk Management and Compliance - The company has acknowledged potential risks in its future operations, which are detailed in the management discussion section[4]. - The company is focusing on optimizing its accounts receivable management to reduce collection risks and improve cash flow efficiency[118]. - A risk management system will be established to address key risk areas within the company and its subsidiaries[130]. - The company is implementing stricter credit management and collection efforts to mitigate the risks associated with high accounts receivable[135]. - The company has established a pandemic prevention leadership group to ensure employee health and safety while complying with government requirements for project operations[138]. - The company is enhancing its governance structure to ensure compliance with relevant laws and regulations, thereby improving operational standards and protecting shareholder rights[144]. Corporate Governance and Management - The financial report has been confirmed as true, accurate, and complete by the company's management team[3]. - The board of directors has fully attended the meeting to discuss the annual report[4]. - The company has established a comprehensive governance structure that complies with the Company Law and Securities Law, ensuring effective management and oversight[149]. - The management team, including the president and vice presidents, operates independently from the controlling shareholders, ensuring no conflicts of interest[149]. - The company has a structured process for determining and approving the remuneration of its directors and senior management[177]. - The company held multiple board meetings during the reporting period to discuss various operational matters[182]. Employee and Operational Efficiency - The total number of employees at the end of the reporting period was 2,157, with 558 in the parent company and 1,599 in major subsidiaries[195]. - The company invests significant effort in training to develop a learning organization and enhance employee capabilities, with annual training plans based on departmental needs[198]. - The company is committed to improving operational efficiency and reducing costs by 10% in the next year[161]. - The company is focusing on new product development and technological advancements to drive future growth[161]. Future Outlook - The management provided a performance guidance indicating a potential recovery in revenue for 2022[158]. - The company plans to expand its market presence and enhance its product offerings in the upcoming years[161]. - The company anticipates challenges due to macroeconomic fluctuations and real estate policy adjustments impacting the construction industry[132]. - The company has set a revenue guidance of 1.5 billion RMB for the upcoming fiscal year, indicating a growth target of 25%[175]. - The company plans to enhance its digital marketing strategies, expecting a 30% increase in online engagement[167].

Financial Performance - The company's operating revenue for Q3 2021 reached CNY 2,643,353,380.78, representing a 102.17% increase compared to the same period last year[1] - The net profit attributable to shareholders was CNY 534,710,000, marking a 15.15% increase year-on-year[1] - The net profit after deducting non-recurring gains and losses was CNY -452,022,000, showing an improvement of 80.21% compared to the previous year[1] - Operating revenue for the first nine months of 2021 reached CNY 6,556,237,069.45, a 207.13% increase compared to CNY 2,134,652,862.97 in the same period of 2020[8] - Net profit for the first nine months of 2021 was CNY 88,121,578.09, representing a 172.96% increase from CNY 32,283,859.29 in 2020[8] - Net profit for the period was CNY 88,121,578.09, up from CNY 32,283,859.29 in the same period last year, indicating a growth of approximately 173%[23] - Basic and diluted earnings per share for the first nine months of 2021 were CNY 0.16, up 33.33% from CNY 0.12 in 2020[8] - The company reported a basic and diluted earnings per share of CNY 0.16, compared to CNY 0.12 in the previous year[24] Assets and Liabilities - The total assets as of September 30, 2021, amounted to CNY 6,617,725,859.10, reflecting a 4.12% increase from the end of the previous year[1] - The company's total current assets amounted to approximately CNY 6.23 billion, an increase from CNY 6.03 billion at the end of 2020, representing a growth of about 3.14%[17] - Total assets increased to CNY 6,617,725,859.10, up from CNY 6,355,646,605.40, marking a growth of about 4.13%[20] - Total liabilities rose to CNY 5,573,370,824.66, compared to CNY 5,006,690,760.26 in the previous period, reflecting an increase of approximately 11.3%[20] - The company's equity attributable to shareholders decreased to CNY 838,488,286.60 from CNY 1,164,860,246.61, a decline of about 28%[20] - The company’s total liabilities included CNY 151,165,000.00 in long-term payables, primarily due to equity acquisitions during the reporting period[8] Cash Flow - The company's cash flow from operating activities was CNY 47,133,200, which is a decrease of 38.00% compared to the same period last year[1] - Cash flow from operating activities for the first nine months of 2021 was CNY 47,133,215.86, a decrease of 38.00% from CNY 76,017,362.28 in 2020[8] - The net cash inflow from operating activities was CNY 47,133,215.86, compared to CNY 76,017,362.28 in the previous year, indicating a decrease of approximately 38.1%[27] - Cash generated from operating activities was CNY 6,546,354,212.37, a substantial rise from CNY 1,941,649,374.49 in the prior period[26] Inventory and Contract Liabilities - Inventory increased by 36.11% to CNY 237,456,620.61 due to the rise in ongoing projects[2] - Contract liabilities rose by 37.82% to CNY 276,272,672.95, primarily due to pre-received project payments[2] - The company reported a significant increase in contract assets to approximately CNY 4.06 billion from CNY 3.68 billion, indicating a growth of about 10.29%[18] Government Subsidies and Expenses - The company reported a total of CNY 14,266,770.12 in government subsidies closely related to its normal business operations[3] - The company reported a 353.57% increase in financial expenses, totaling CNY 122,355,078.14, primarily due to new subsidiaries and increased interest expenses[8] - The company experienced a 284.82% increase in taxes and surcharges, amounting to CNY 18,424,268.37, attributed to the consolidation of new subsidiaries[8] Investments and Acquisitions - The company completed the acquisition of a 21% stake in Jiantai Construction for CNY 66.88 million, increasing its ownership to 61%[15] - The company received a government subsidy of CNY 10.02 million for its subsidiary Jiantai Construction[15] Governance and Management - The company held a board meeting to revise governance documents and improve internal management systems[16] - The company revised its voluntary disclosure standards to include contracts exceeding CNY 500 million, enhancing transparency in significant transactions[14] Research and Development - Research and development expenses for the period were CNY 34,278,939.22, down from CNY 43,494,623.62 in the previous year, indicating a decrease of approximately 21%[23] Reporting and Audit - The company has not undergone an audit for the third quarter report[34] - The report was released on October 27, 2021, by the board of directors[34]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 827,192,006.49, representing a 373.03% increase compared to the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 20,058,140.97, an increase of 42.19% year-on-year[19]. - The basic earnings per share for the period was CNY 0.096, reflecting a 42.71% increase compared to the previous year[19]. - The net cash flow from operating activities was CNY -62,427,896.13, showing a 74.32% improvement compared to the same period last year[19]. - The company's operating revenue for the reporting period reached CNY 3,912,883,688.67, a significant increase of 373.03% compared to CNY 827,192,006.49 in the same period last year[46]. - The net profit for the reporting period increased by CNY 36,746,400, mainly attributed to the acquisition of subsidiaries[47]. - The gross profit margin for public building decoration was 11.91%, while for residential decoration it was 11.99%, indicating a slight decrease compared to the previous year[49]. - The company reported a cash flow from operating activities of -CNY 16,034,459.74, an improvement of 74.32% from -CNY 62,427,896.13 in the previous year[47]. - The company reported a total revenue of 11,882,282.47 CNY for the first half of 2021[123]. - The company reported a total revenue of 466,030 million CNY for the first half of 2021, with a year-on-year increase of 38.55%[130]. - The company reported a total of 1,843,638.2 CNY in claims related to various construction disputes[123]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,613,408,956.47, a 4.06% increase from the end of the previous year[20]. - The net assets attributable to shareholders of the listed company were CNY 877,402,862.14, a decrease of 24.68% compared to the previous year[20]. - Cash and cash equivalents at the end of the reporting period amounted to ¥1,017,193,271, representing 15.38% of total assets, a decrease of 1.03% compared to the previous year[51]. - Accounts receivable stood at ¥893,891,446.85, accounting for 13.52% of total assets, with a negligible change of -0.01% year-over-year[51]. - Contract assets were reported at ¥3,821,637,581, making up 57.79% of total assets, reflecting a slight decrease of 0.09% from the previous year[51]. - Inventory increased to ¥261,838,316.02, which is 3.96% of total assets, showing a growth of 1.22% compared to the previous year[51]. - The company's total liabilities reached CNY 5,463,823,255.88, up from CNY 5,006,690,760.26, indicating an increase of about 9.09%[180][181]. - The total current liabilities amounted to CNY 5,179,145,022.64, compared to CNY 5,001,238,492.77, indicating an increase of about 3.55%[180]. - The company's total equity attributable to shareholders decreased to CNY 877,402,862.14 from CNY 1,164,860,246.61, a decline of about 24.66%[181]. Strategic Acquisitions and Market Position - In March 2021, the company completed the acquisition of 50% equity in Huafa Jinglong and 40% equity in Jiantai Construction, followed by an additional 21% minority stake in Jiantai Construction in August 2021, resulting in a new ownership structure[28]. - The company aims to expand its operational areas and enhance management levels in response to the "14th Five-Year" development plan and the opportunities it presents[30]. - The company has been recognized as one of the top 100 enterprises in the Chinese construction decoration industry for 18 consecutive years, ranking 10th in 2019[31]. - The company aims to leverage its state-owned enterprise background to seek business breakthroughs in key regions and enhance strategic partnerships[44]. - The company is focused on expanding its market presence through strategic acquisitions and partnerships[152]. Operational Challenges and Risks - The company has faced challenges due to fluctuations in the real estate market, impacting new orders and project execution speeds, but still sees significant market development potential[29]. - The company is facing risks from macroeconomic fluctuations and real estate industry regulations, which may impact business volume and performance[83]. - Rising raw material prices and labor costs pose operational risks, which the company aims to mitigate through improved cost control systems[85]. - The ongoing COVID-19 pandemic has uncertain impacts on the company's operations, with measures in place to ensure employee safety and project compliance[85]. - The construction industry is experiencing intensified competition, prompting the company to enhance project management and cost control measures[84]. Corporate Governance and Compliance - The report indicates that all directors attended the board meeting to review the report, ensuring accountability for its accuracy[3]. - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[4]. - The company has received administrative penalties totaling 10,000 RMB and 3,000 RMB for environmental violations during construction activities, with no significant impact on operations[109]. - The company maintains a robust governance structure to protect shareholder rights, ensuring accurate and timely information disclosure[111]. - The company has not reported any violations regarding external guarantees during the reporting period, indicating sound financial practices[119]. Social Responsibility and Sustainability - The company emphasizes sustainable development and has implemented ISO 14001 environmental management system certification, focusing on reducing emissions and promoting a green production environment[110]. - The company actively participates in social welfare activities, including donations to impoverished children and disaster relief efforts, demonstrating a commitment to corporate social responsibility[113]. - The company has established a volunteer team to assist in community activities, including pandemic response efforts and disaster relief[113]. - The company is committed to continuous innovation in materials and processes to enhance sustainability in its operations[110]. Shareholder and Stock Incentive Plans - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has an ongoing stock incentive plan initiated in 2017, which has undergone several adjustments and approvals by the board and shareholders[93][95]. - The company adjusted the number of restricted stock options granted under the 2017 incentive plan from 270.1 million shares to 262.1 million shares, with a grant price of 11.84 CNY per share[99]. - The total number of common shareholders at the end of the reporting period is 14,365[163]. - The largest shareholder, Zhuhai Huafa Entity Industry Investment Holdings, holds 29.99% of shares, totaling 62,411,589 shares[164]. Related Party Transactions - The company engaged in related party transactions with Zhuhai Huafa Group, with a transaction amount of 99,116.8 million yuan, accounting for 14.38% of the same type of transactions[128]. - The company has disclosed its related party transactions in compliance with regulatory standards, ensuring transparency[128]. - The company has reported that all related party transactions were conducted at market prices, ensuring fairness and compliance[127].

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。 深圳市维业装饰集团股份有限公司 2021 年第一季度报告全文 深圳市维业装饰集团股份有限公司 2021 年第一季度报告 2021 年 04 月 1 深圳市维业装饰集团股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司负责人郭瑾、主管会计工作负责人胡剑锋及会计机构负责人(会计主管 人员)肖庆华声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市维业装饰集团股份有限公司 2021 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 | | --- | --- | --- | --- | | 营业收入（元） | 1,334,996,962.01 | 216,236,072.77 | 517.38% | | 归属于上市公司股东的净利润（元） | 9,759,594 ...

Financial Performance - The company's operating revenue for 2020 was ¥2,110,525,984.78, a decrease of 15.12% compared to ¥2,486,454,237.95 in 2019[18]. - The net profit attributable to shareholders was ¥46,064,384.77, down 47.52% from ¥87,782,419.90 in the previous year[18]. - The net cash flow from operating activities increased by 65.53% to ¥138,778,732.22, compared to ¥83,838,760.86 in 2019[18]. - The total assets at the end of 2020 were ¥2,996,709,224.03, reflecting a growth of 10.19% from ¥2,719,567,576.88 in 2019[18]. - The net assets attributable to shareholders increased by 7.75% to ¥1,027,034,905.94, compared to ¥953,131,700.27 at the end of 2019[18]. - The basic earnings per share decreased to ¥0.22, down 47.62% from ¥0.42 in 2019[18]. - The weighted average return on equity was 4.74%, a decline of 4.60% from 9.34% in the previous year[18]. - The company reported a total revenue of 2,108.68 million yuan, with public building decoration contributing 982.77 million yuan and residential decoration contributing 592.37 million yuan[60]. - The net profit for the year was 47.97 million yuan, with a net profit attributable to the parent company of 46.06 million yuan, resulting in an earnings per share of 0.22 yuan[60]. - Total revenue for 2020 was approximately ¥2.11 billion, a decrease of 15.12% compared to ¥2.49 billion in 2019[66]. Market and Industry Trends - The total output value of China's construction decoration industry was approximately ¥4.39 trillion in 2020, a decrease of 2.23% year-on-year due to the pandemic[39]. - The industry is expected to reach a total output value close to ¥6 trillion during the "14th Five-Year Plan" period, driven by stable investments in infrastructure and public services[39]. - The architectural decoration industry is expected to see a growth rate of around 6% in the near term, down from over 9% during the "Twelfth Five-Year Plan" period[43]. - The urbanization rate in China exceeded 60% by the end of 2020, with a target of reaching 65% during the "14th Five-Year Plan" period (2021-2025), which will drive demand for housing and decoration[42]. - The architectural decoration market in China has seen a decrease in the number of enterprises from 145,000 in 2011 to 125,000 in 2018, indicating increased market concentration[40]. Business Strategy and Operations - The company operates primarily in the construction decoration sector, focusing on large-scale real estate, government projects, and high-end hotels[27]. - The company has maintained its core business without significant changes during the reporting period, continuing to provide decoration design and construction services[27]. - The company aims to adapt its development strategy in line with national policies and consumer demand, enhancing its market competitiveness[44]. - The company is focusing on sustainable development by promoting energy-saving and environmentally friendly practices in its projects, aligning with national goals for carbon peak and neutrality[43]. - The company has identified structural market opportunities arising from national strategies such as the Belt and Road Initiative and urbanization trends[39]. Risk Management - The company has identified potential risks in its future operations, which are disclosed in the report[5]. - The company faces risks from macroeconomic fluctuations, which can impact the construction decoration industry and overall demand[119]. - The company anticipates potential risks from high accounts receivable and the impact of raw material price fluctuations on profitability[120]. - The ongoing pandemic presents uncertainties that could affect market stability and the company's operational performance[120]. Research and Development - The company has completed 50 research and development projects in 2019 and initiated 60 new projects in 2020, reflecting a strong commitment to technological innovation[62]. - The company is committed to increasing R&D in the curtain wall production sector, aiming for breakthroughs in high-value-added products[54]. - The company has established a dedicated design and R&D center, enhancing its ability to deliver integrated design and construction services across various sectors[55]. - Investment in new product development increased by 20% year-on-year, focusing on innovative design and technology[140]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.35 per 10 shares, totaling approximately ¥72,820,000 based on 208,056,700 shares[5]. - The cash dividend represents 100% of the total distributable profit of 443,270,411.31 yuan for the year[126]. - The profit distribution plan complies with the company's articles of association and relevant regulations, ensuring transparency and protection of minority shareholders' rights[129]. - The company did not adjust or change its cash dividend policy during the reporting period[125]. Legal and Compliance - The company is involved in a lawsuit with Shijiazhuang Urban Construction Development Company, with a disputed amount of 7.074 million RMB, which has been resolved in favor of the company[161]. - The company has fully recovered the aforementioned amount from the lawsuit by the end of the reporting period[162]. - The company has not faced any bankruptcy reorganization issues during the reporting period[160]. - The company has not engaged any internal control auditing firms or financial advisors during the reporting period[160]. Corporate Governance - The company has continuously improved its corporate governance structure and internal control systems since its listing, ensuring the protection of shareholders' rights, especially for minority shareholders[199]. - The company has a supervisory board that includes a representative from employees, ensuring oversight of the company's operations[200]. - The company emphasizes employee rights protection by establishing a legal employment system and providing social insurance for employees[200]. - The company actively engages in employee training to enhance career development capabilities, promoting mutual growth between employees and the company[200].