Financial Performance - The company's operating revenue for the current reporting period was ¥160,452,788.75, representing a 28.01% increase compared to ¥125,345,096.10 in the same period last year[21]. - The net profit attributable to shareholders for the current period was ¥15,240,181.22, up 12.78% from ¥13,512,677.10 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥13,962,827.75, reflecting a significant increase of 40.60% from ¥9,931,146.70 in the previous year[21]. - The total assets at the end of the reporting period were ¥569,157,014.06, a slight increase of 1.19% from ¥562,444,854.47 at the end of the previous year[21]. - The net assets attributable to shareholders decreased by 1.06% to ¥458,272,610.02 from ¥463,175,202.70 at the end of the previous year[21]. - The company's operating cost increased by 49.10% to ¥95,982,972.01 from ¥64,373,403.92, primarily due to increased personnel costs associated with a larger workforce[39]. - The gross profit margin for the interior design business was 39.96%, a decrease of 5.39% from the previous year[41]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥35,672,285.28, a decline of 344.25% compared to ¥14,604,535.22 in the same period last year[21]. - The company's cash and cash equivalents decreased by 356.57% to -¥66,910,379.58, reflecting a significant reduction in net cash flow from operating activities[40]. - The company's current assets decreased to CNY 427,736,997.38 from CNY 453,864,698.23, reflecting a decline of approximately 5.76%[133]. - The company's cash and cash equivalents decreased significantly to CNY 103,879,123.70 from CNY 170,762,588.53, a decline of about 39.2%[132]. - The total liabilities rose to CNY 110,761,387.71, compared to CNY 99,127,327.40, indicating an increase of approximately 11.65%[134]. - The total equity attributable to the parent company was CNY 458,272,610.02, slightly down from CNY 463,175,202.70, a decrease of around 1.9%[135]. Shareholder Information - The company’s stock is listed on the Shenzhen Stock Exchange under the ticker 300668[16]. - Shareholder Jiang Feng holds 44.93% of the total shares, amounting to 47,354,615 shares[119]. - The company has a total of 7,321 common shareholders at the end of the reporting period[118]. - The company’s shareholders include significant holdings from natural persons, with Jiang Feng and Yuan Xiaoyun holding 44.93% and 7.49% respectively[119]. - The total number of shares increased from 105,400,000 to 105,400,000, with no new shares issued[112]. Corporate Governance and Compliance - The report includes a commitment to ensuring the accuracy and completeness of financial statements by the management team[3]. - The company adheres to legal regulations and maintains a robust internal control system to protect the interests of all shareholders, particularly minority shareholders[76]. - There were no instances of major shareholders or related parties misappropriating company funds during the reporting period[76]. - The company has not engaged in any related party transactions during the reporting period[96]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[122]. Business Operations and Strategy - The company operates in the architectural interior design industry, facing risks such as macroeconomic fluctuations, market expansion challenges, and regulatory risks in the real estate sector[4]. - The company is actively developing digital design and management platforms to enhance efficiency and promote high-quality development in the interior design sector[30]. - The company has established long-term partnerships with major state-owned and private enterprises, including collaborations with Shenzhen Metro and Huawei, enhancing its market influence[34]. - The company has expanded its service radius by establishing branches in multiple cities, including Shenzhen, Shanghai, and Beijing, to improve customer service and retention[34]. - The company has been exploring green design and has collaborated with institutions to establish standards for green building evaluations in interior design[30]. Research and Development - The company invested ¥7,428,854.60 in R&D, a slight increase of 2.68% from ¥7,235,170.88 in the previous year, emphasizing its commitment to digital innovation[39]. - Research and development expenses for the first half of 2021 were CNY 4,392,271.08, down 39.1% from CNY 7,235,170.88 in the first half of 2020[140]. Risk Management - The company emphasizes the importance of risk awareness among investors regarding forward-looking statements in the report[4]. - The company faces risks related to macroeconomic fluctuations, which could impact demand for its interior design services[52]. - The company is exposed to market expansion risks, relying on new client acquisition for sustained revenue growth[53]. - The company emphasizes the importance of retaining skilled design personnel to mitigate human resource management risks[57]. Social Responsibility - The company actively engages in social responsibility, focusing on sustainable design solutions that meet societal needs[75]. - The company has established a strategic partnership with the International WELL Building Institute to promote green building initiatives[77]. - The company participated in the Shenzhen Green Building Association's third council meeting and was elected as the vice president unit[78]. Legal Matters - The company reported a significant design contract dispute with a claimed amount of 7.4971 million yuan, which is currently in the first instance of retrial and has not yet been adjudicated[91]. - There were no significant litigation or arbitration matters during the reporting period[91]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[90].

Financial Performance - The company's revenue for Q1 2021 was ¥61,385,881.46, representing a 10.75% increase compared to ¥55,428,232.67 in the same period last year[7]. - Net profit attributable to shareholders decreased by 67.66% to ¥3,180,660.69 from ¥9,835,780.12 year-on-year[7]. - The net profit after deducting non-recurring gains and losses fell by 71.75% to ¥2,568,115.33 from ¥9,092,091.44 in the previous year[7]. - Basic and diluted earnings per share decreased by 67.35% to ¥0.0302 from ¥0.0925 year-on-year[7]. - The company achieved operating revenue of 61.39 million yuan, an increase of 10.75% compared to the same period last year[20]. - Net profit attributable to shareholders was 3.18 million yuan, a decrease of 67.66% year-on-year[21]. - Operating profit for Q1 2021 decreased to CNY 3,163,775.37 from CNY 11,485,858.79 in the previous period[54]. - Net profit for Q1 2021 was CNY 3,207,607.44, down from CNY 11,441,082.96 in the previous period[54]. - The total comprehensive income for Q1 2021 was CNY 4,234,373.22, compared to CNY 12,507,008.96 in Q1 2020[57]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥22,027,557.99, a 522.99% increase in cash outflow compared to -¥11,294,109.04 last year[7]. - The company reported a decrease in cash and cash equivalents from ¥170,762,588.53 on December 31, 2020, to ¥142,945,944.12 on March 31, 2021, representing a decline of approximately 16.3%[45]. - The total cash inflow from operating activities was CNY 62,851,700.83, compared to CNY 61,562,290.25 in the previous year[60]. - The cash flow from operating activities showed a net outflow of CNY -22,027,557.99, worsening from CNY -11,294,109.04 in the same period last year[59]. - The total assets at the end of the reporting period were ¥570,860,480.22, a 1.50% increase from ¥562,444,854.47 at the end of the previous year[7]. - Total assets as of March 31, 2021, were CNY 579,294,347.42, compared to CNY 570,364,336.25 at the end of 2020[51]. - The total current assets decreased from ¥453,864,698.23 to ¥432,414,102.77, a decline of about 4.7%[45]. - The total assets increased from 562,444,854.47 yuan to 593,573,136.84 yuan, indicating growth in the company's asset base[68]. Liabilities and Equity - Total liabilities as of March 31, 2021, were CNY 223,087,949.76, an increase from CNY 218,392,311.81 at the end of 2020[51]. - The total liabilities increased from 99,127,327.40 yuan to 130,255,609.77 yuan, reflecting a rise in financial obligations[68]. - Owner's equity totaled CNY 351,972,024.44, with retained earnings at CNY 101,449,278.37[70]. - Total equity attributable to shareholders was CNY 356,206,397.66, up from CNY 351,972,024.44 at the end of 2020[51]. Operational Challenges and Strategies - The company faces risks related to project operation management, which could adversely affect its operational performance if not managed effectively[30]. - The competition for design talent in the industry is intensifying, and the company emphasizes the importance of maintaining a stable and skilled workforce to support its growth[31]. - The company plans to expand into urban renewal operations and prefabricated interior design, enhancing its service offerings[21]. - Investment in digital design tools and resources is ongoing to improve production efficiency and service quality[23]. - The company aims to build a digital design cloud platform to support design teams and eventually open it to other small design teams in the industry[21]. - The company is focusing on recruiting and training high-end design and R&D talent to strengthen its competitive position[24]. Government Support and Recognition - The company received government subsidies amounting to ¥306,300.00 during the reporting period[9]. - The company has been recognized as a high-tech enterprise, allowing it to benefit from a reduced corporate income tax rate of 15% for three consecutive years starting from 2020[32]. - The company’s subsidiary, Jiangfeng (Shenzhen), has also been granted a 15% corporate income tax rate since 2014, contributing to its financial stability[32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 7,321[11]. - The largest shareholder, Jiang Feng, holds 44.93% of the shares, totaling 47,354,615 shares[11]. Research and Development - Research and development expenses for Q1 2021 were CNY 897,164.91, down from CNY 2,552,866.20 in the previous period[54]. - Research and development expenses decreased to CNY 897,164.91 from CNY 2,552,866.20, a reduction of 64.8%[56].

Financial Performance - The company's operating revenue decreased by 20.04% year-on-year, totaling RMB 311,565,523.06[5] - The net profit attributable to shareholders for 2020 was ¥20,321,214.16, down 75.82% from ¥84,049,011.84 in 2019[21] - The basic earnings per share for 2020 was ¥0.19, a decline of 75.95% from ¥0.79 in 2019[21] - The company's operating revenue for 2020 was ¥311,565,523.06, a decrease of 20.04% compared to ¥389,631,087.76 in 2019[21] - The revenue from architectural interior design accounted for 89.15% of total revenue, amounting to ¥277,755,730.27, which represents a 20.93% decline compared to the previous year[51] - The revenue from commercial buildings dropped by 39.10% to ¥113,815,768.31, while revenue from office buildings increased by 4.09% to ¥55,674,545.65[51] - The company's revenue from interior design services was approximately ¥277.76 million, a decrease of 20.93% year-over-year, with a gross margin of 44.72%[54] - Revenue from soft decoration sales was about ¥29.08 million, down 8.54% year-over-year, with a gross margin of 34.80%[54] - The company achieved operating revenue of ¥311,565,523.06 in 2020, a decrease of 20.04% year-on-year, and a net profit attributable to shareholders of ¥20,321,214.16, down 75.82% year-on-year[43] Cash Flow and Assets - The net cash flow from operating activities increased by 42.99% to ¥41,120,856.07 in 2020, compared to ¥28,758,180.05 in 2019[21] - The company's cash balance at the end of the reporting period was ¥170,762,588.53, an increase of 55.27% compared to the end of the previous year, primarily due to improved revenue collection rates and investment returns maturing into bank deposits[34] - The company's accounts receivable decreased by 23.82% to ¥189,018,000.52, mainly due to the reclassification of some accounts receivable to contract assets under the new revenue standards[34] - The total assets at the end of 2020 were ¥562,444,854.47, a decrease of 2.84% from ¥578,875,832.68 at the end of 2019[21] - The net assets attributable to shareholders decreased by 6.34% to ¥463,175,202.70 at the end of 2020, down from ¥494,514,873.91 at the end of 2019[21] - Cash and cash equivalents increased by ¥58,980,735.02, a 1,427.63% rise compared to the previous year[66] - The proportion of cash and cash equivalents to total assets rose to 30.36% from 19.00%[71] - Accounts receivable increased to ¥189,018,000.52, accounting for 33.61% of total assets, up from 23.44%[71] Market and Competitive Landscape - The interior design industry remains competitive with low market concentration, but the overall market size is still growing[6] - The projected market size of the Chinese interior design industry is expected to reach approximately ¥467.5 billion by 2024, indicating continued growth potential[32] - The company is focusing on expanding its market presence in sectors such as healthcare, education, and urban transportation, capitalizing on national consumption upgrades[90] - The company has accumulated a significant number of design projects in various sectors, including public transportation, healthcare, and cultural education, enhancing its market influence[36] - The company aims to expand its market presence by establishing branches in major cities, including Shenzhen, Shanghai, and Beijing, to enhance customer service and loyalty[36] Strategic Initiatives and Future Plans - The company plans to enhance market development, strengthen brand building, and improve digital design capabilities to boost core competitiveness[7] - The company has established a digital management system centered around "Project Island," significantly enhancing operational efficiency and collaboration through standardized and automated management processes[39] - The company has developed a parameterized design tool that greatly improves drawing and modeling efficiency, reducing order delivery time and increasing production efficiency[39] - The company has established a digital design and resource cloud platform, aiming to improve design efficiency and reduce operational costs, which is expected to become a new growth engine[46] - The company plans to gradually open its digital design cloud platform to empower more interior designers in the industry, promoting technological advancement and efficiency[48] - The company is actively seeking investment, mergers, or strategic partnerships with firms that possess core technological advantages in digital design[88] Risk Factors - The company faces various risks, including macroeconomic fluctuations and market expansion challenges, which investors should be aware of[7] - The company has not experienced significant risks to its ongoing operations and profitability[7] - Future plans and strategies outlined in the report do not constitute a commitment to investors, highlighting the need for risk awareness[7] - The company faces risks from macroeconomic fluctuations that could impact demand in the construction and interior design sectors[95] - The company acknowledges the competitive landscape for design talent, which could impact its operational stability if key personnel are lost[101] Shareholder and Profit Distribution Policies - The company will distribute a cash dividend of RMB 3 per 10 shares to all shareholders, based on a total share capital of 105,400,000 shares[7] - The company has a profit distribution policy that mandates a minimum cash dividend of 10% of the distributable profit for the year if there are no significant investment opportunities[110] - The cash dividend for 2020 represents 155.60% of the net profit attributable to ordinary shareholders[128] - The total cash dividend amount, including other methods, is RMB 66,573,052.23, which accounts for 65.62% of the distributable profit[124] - The company aims to ensure that cumulative cash dividends over any three consecutive years are no less than 30% of the average distributable profit for those years[110] Compliance and Governance - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing, with a lock-up period extending if the stock price falls below the previous year's net asset value[129] - The company has a long-term commitment to avoid engaging in competitive businesses directly or indirectly, ensuring no provision of proprietary technology or customer information to competitors[130] - The company has established a buyback commitment for all newly issued shares if there are significant misstatements in the prospectus, with a buyback price determined by the higher of the IPO price or market price[130] - The company has reported that all commitments made during the asset restructuring have been fulfilled as of June 2020[129] - The company has committed to fulfill obligations related to the stock price stabilization plan approved by the shareholders[132] Social Responsibility and Sustainability - The company actively engages in social responsibility initiatives, focusing on sustainable design solutions and community impact[170] - The company has established a strategic partnership with the International WELL Building Institute to promote green building practices[173] - The company emphasizes employee rights protection and provides various benefits, including housing subsidies[174] - The company has no significant environmental pollution issues as it operates in the interior design industry[178]

Financial Performance - Net profit attributable to shareholders was CNY 2,919,874.04, down 88.62% year-on-year[7] - Operating revenue for the period was CNY 85,266,687.90, representing a decline of 17.40% compared to the same period last year[7] - Basic earnings per share were CNY 0.0277, a decrease of 88.55% year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 3,759,903.66, down 85.07% year-on-year[7] - The company expects a net profit decline of 70.00% to 78.00% for the year, estimating a profit range of CNY 1,849.08 million to CNY 2,521.47 million[24] - The net profit for the third quarter was CNY 2,919,874.04, down from CNY 25,647,957.00 in the same period last year, representing a decline of approximately 88.6%[41] - The operating profit for the third quarter was CNY 3,954,464.43, compared to CNY 26,913,980.46 in the previous year, indicating a significant decrease of about 85.3%[41] - The total comprehensive income for the third quarter was CNY 2,698,277.38, significantly lower than CNY 25,960,473.71 in the same period last year[42] - The company's total comprehensive income for Q3 2020 was CNY 16,210,954.49, significantly lower than CNY 66,059,194.94 in Q3 2019[50] Cash Flow - The net cash flow from operating activities was CNY 2,066,620.76, a significant drop of 704.86% compared to the previous year[7] - Net cash flow from operating activities improved significantly to CNY 16,671,155.98 from a negative CNY 2,756,193.21, reflecting enhanced cash collection efforts[19] - The cash flow from operating activities for Q3 2020 was CNY 16,671,155.98, compared to a negative cash flow of CNY -2,756,193.21 in the same quarter last year[57] - Cash inflow from operating activities totaled 216,281,692.58 CNY, while cash outflow was 197,179,502.37 CNY, resulting in a positive cash flow[59] - The company reported a decrease in cash outflow for investment activities, which was 298,402,919.47 CNY compared to 414,456,795.06 CNY in the previous period[58] - The cash flow from financing activities was negative at -67,352,237.95 CNY, contrasting with a positive inflow of 9,296,400.00 CNY in the previous year[61] Assets and Liabilities - Total assets at the end of the reporting period were CNY 530,374,520.33, a decrease of 8.38% compared to the previous year[7] - Total liabilities decreased to CNY 70,511,818.58 from CNY 84,360,958.77 in the previous period[33] - Current liabilities totaled CNY 70,329,174.32, a reduction from CNY 84,115,485.51[33] - The total equity attributable to shareholders decreased to CNY 459,862,701.75 from CNY 494,514,873.91[34] - The company's total assets reached CNY 582,016,180.69, with current assets totaling CNY 451,469,213.74[70] - The company reported a decrease in accounts receivable by CNY 33,483,049.42, from CNY 239,117,726.74 to CNY 205,634,677.32[69] - Contract liabilities increased by CNY 11,708,110.31, reflecting a shift in accounting treatment under new revenue recognition standards[66] Shareholder Information - The company reported a total of 7,411 common shareholders at the end of the reporting period[11] - The largest shareholder, Jiang Feng, holds 44.93% of the shares, amounting to 47,354,615 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] - The company repurchased 2,085,550 shares, accounting for 1.96% of total shares, at a total cost of CNY 34,953,052.23[20] - The company completed the repurchase and cancellation of restricted stock, reducing total shares from 106,352,500 to 105,400,000[20] Investment Activities - Long-term equity investments increased by 100.13% from CNY 4,659,782.67 to CNY 9,325,564.47 due to new investments in Hangzhou Modou Zhuocheng Venture Capital Partnership[17] - Investment income surged by 935.40% from CNY 88,708.64 to CNY 918,490.73 as the operating performance of invested enterprises improved[17] - Cash paid for investment activities increased by 425.00% from CNY 1,000,000.00 to CNY 5,250,000.00 due to new investments in venture capital[19] - The company reduced cash payments related to investment activities by 29.17% from CNY 412,000,000.00 to CNY 291,800,000.00[19] - The company received 330,574,220.97 CNY from investment activities, indicating a strong inflow compared to the previous period[59] Operating Costs and Expenses - The total operating costs for the third quarter were CNY 71,193,272.38, slightly lower than CNY 71,544,836.58 in the previous period[40] - Research and development expenses for the third quarter were CNY 5,221,819.36, compared to CNY 5,319,936.11 in the previous year, showing a minor decrease[40] - The company incurred sales expenses of CNY 4,800,872.02 in the third quarter, compared to CNY 5,580,375.85 in the previous year, reflecting a decrease of approximately 13.9%[40] - The management expenses for the third quarter were CNY 11,460,042.26, slightly higher than CNY 11,189,951.74 in the previous year[40] - The company reported a credit impairment loss of CNY -10,789,470.64 for the third quarter, with an asset impairment loss of CNY -5,268,169.71[40] Accounting Changes - The company adjusted its financial statements in accordance with new revenue and leasing standards, impacting the balance sheet[62] - The company implemented new revenue recognition standards starting January 1, 2020, affecting the classification of contract assets and liabilities[66]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥125,345,096.10, a decrease of 24.19% compared to ¥165,342,579.35 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2020 was ¥13,512,677.10, down 66.26% from ¥40,051,246.70 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥9,931,146.70, a decline of 72.81% compared to ¥36,525,127.65 in the same period last year[19]. - Basic earnings per share decreased by 66.55% to ¥0.1271 from ¥0.38 in the same period last year[19]. - The company achieved revenue of approximately 125 million yuan, a year-on-year decrease of 24.19%, and a net profit attributable to shareholders of approximately 13.51 million yuan, down 66.26% year-on-year[42]. - The company reported a total comprehensive income of CNY 13,775,255.13, down from CNY 40,098,721.23 in the first half of 2019[178]. - The company recorded a net loss of CNY 24,054,162 in profit distribution to owners or shareholders for the first half of 2020[200]. Cash Flow and Investments - The net cash flow from operating activities increased by 148.95% to ¥14,604,535.22, compared to ¥5,866,382.81 in the previous year[19]. - The net cash flow from investment activities was ¥73,668,843.54, a substantial rise from ¥4,106,787.12 in the first half of 2019, indicating a growth of approximately 1695.5%[185]. - Cash and cash equivalents at the end of the period totaled ¥118,753,781.54, up from ¥98,817,122.50 at the end of the first half of 2019, reflecting an increase of about 20.2%[185]. - The company experienced a net increase in cash and cash equivalents of ¥26,079,094.89, compared to an increase of ¥10,003,357.11 in the same period last year, reflecting a growth of approximately 160.8%[185]. Assets and Liabilities - Total assets at the end of the reporting period were ¥515,512,942.80, a decrease of 10.95% from ¥578,875,832.68 at the end of the previous year[19]. - The company's accounts receivable at the end of the reporting period amounted to ¥225,926,859.85, a decrease of 8.94% compared to the end of the previous year[79]. - Total liabilities decreased to CNY 53,018,101.29 from CNY 84,360,958.77, a reduction of approximately 37.1%[169]. - The company’s total liabilities at the end of the first half of 2020 were CNY 250,000,000, indicating a decrease from the previous year[198]. Business Operations and Strategy - The company operates in four main business segments: commercial complexes, urban rail transit complexes, medical and elderly care complexes, and cultural and educational complexes[27]. - The company has established long-term cooperative relationships with well-known developers and enterprises, including Poly, Vanke, and Tencent, enhancing its market influence[36]. - The company is actively pursuing digital transformation and management reform to enhance its overall strength in a challenging economic environment[42]. - The company is diversifying its service offerings across various sectors, including commercial complexes, healthcare, and cultural education, achieving full coverage of the interior design market[37]. Risks and Challenges - The company faces various risks including macroeconomic fluctuations, market expansion risks, and receivables risks[4]. - The company is exposed to market expansion risks due to reliance on new client acquisition for sustained revenue growth[77]. - Regulatory risks in the real estate sector may affect the company's cash flow and receivables collection[78]. Shareholder and Stock Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[88]. - The company will repurchase shares if there are significant violations in the prospectus, with a plan to initiate buybacks within five days of shareholder approval[91]. - The total number of shares that can be reduced by shareholders is capped at 10% of their total holdings within two years post-lock-up[91]. - The company’s chairman and general manager, Jiang Feng, had 11,838,654 shares released from lock-up on June 19, 2020, leaving him with 35,515,961 shares[146]. Compliance and Governance - The company's semi-annual financial report has not been audited[96]. - There were no major litigation or arbitration matters during the reporting period[98]. - The company has committed to not engaging in unfair conditions or benefit transfers to other entities[95]. - The company has made commitments regarding the stabilization of stock prices following its listing[94].

Financial Performance - The company's operating revenue for 2019 was CNY 389,631,087.76, representing a 14.02% increase compared to CNY 341,732,121.81 in 2018[17]. - The net profit attributable to shareholders for 2019 was CNY 84,049,011.84, a slight increase of 0.53% from CNY 83,606,453.46 in 2018[17]. - The net profit after deducting non-recurring gains and losses was CNY 78,755,703.83, up 3.55% from CNY 76,055,556.58 in 2018[17]. - The total assets at the end of 2019 reached CNY 578,875,832.68, marking a 20.83% increase from CNY 479,097,995.91 at the end of 2018[17]. - The net assets attributable to shareholders increased by 21.12% to CNY 494,514,873.91 from CNY 408,299,170.42 in 2018[17]. - The company reported a basic earnings per share of CNY 0.7903, unchanged from the previous year[17]. - The cash flow from operating activities for 2019 was CNY 28,758,180.05, reflecting a 5.99% increase from CNY 27,132,883.31 in 2018[17]. - The company achieved a revenue of approximately CNY 389.63 million in 2019, representing a year-on-year growth of 14.02%[43]. - The net profit attributable to shareholders was approximately CNY 84 million, with a slight increase of 0.53% compared to the previous year[43]. Business Segments and Operations - The company operates in four main business segments, including commercial complexes, urban rail transit complexes, medical and elderly care complexes, and cultural and educational complexes[27]. - The architectural interior design segment contributed CNY 351.26 million, accounting for 90.15% of total revenue, with a growth of 9.40%[52]. - The sales of soft decoration products surged by 137.63%, reaching CNY 31.80 million, up from CNY 13.38 million in 2018[52]. - The company established a new business segment for cultural and educational complex interior design, alongside existing segments, leading to significant growth in the transportation and healthcare sectors, with revenue increases of approximately 65% and 384%, respectively[49]. - The company has achieved full coverage of various business segments, including commercial complexes, rail transit complexes, and healthcare complexes, allowing for tailored design solutions[36]. Risk Factors - The company faced various risks including macroeconomic fluctuations, market expansion risks, and accounts receivable risks, which could impact future performance[4]. - The company emphasizes the importance of risk awareness among investors regarding forward-looking statements and plans[4]. - The company is at risk of market expansion challenges if it cannot maintain its client acquisition capabilities in a competitive environment[100]. - The company faces risks from macroeconomic fluctuations that could impact demand for its interior design services[99]. - The real estate industry is significantly affected by regulatory policies, which may impact the company's cash flow and accounts receivable collection speed[101]. Research and Development - The company's R&D investment in 2019 amounted to approximately ¥19.6 million, representing 5.03% of its operating revenue[70]. - The number of R&D personnel increased to 207 in 2019, accounting for 31.51% of the total workforce, up from 26.55% in 2018[70]. - The company has ongoing R&D projects focusing on BIM technology, digital resource platforms, and smart home control systems, aimed at enhancing operational efficiency and market competitiveness[69]. - The company plans to increase R&D investment to optimize its ERP system and enhance design efficiency through digital management[97]. Cash Dividends and Profit Distribution - The company reported a total cash dividend amount of ¥84,049,011.84 for the year 2019, with no dividends declared in 2018[134]. - The company plans to distribute cash dividends of RMB 2.30 per 10 shares, totaling RMB 24,054,170.50 (including tax) based on a share base of 104,583,350 shares[130]. - The total distributable profit for the year is RMB 223,942,937.07, with cash dividends accounting for 10.74% of the total profit distribution[131]. - The company has a profit distribution policy that mandates a minimum cash dividend of 80% for mature stages without major capital expenditures[114]. - In the absence of significant investment opportunities, the company aims to distribute at least 10% of its distributable profits as cash dividends annually[115]. Corporate Governance and Compliance - The company has adhered to regulations regarding the use of raised funds, ensuring effective and prudent management[86]. - The company has disclosed all relevant information regarding the use of raised funds in a timely and accurate manner, with no violations reported[86]. - The company has implemented a stock option incentive plan approved in December 2017, with the first grant of options completed in January 2018[154]. - The company has appointed Lixin Certified Public Accountants as its auditor, with an audit fee of 880,000 RMB for the year, and has maintained this auditor for three consecutive years[151]. - There were no major litigation or arbitration matters during the reporting period[152]. Market Trends and Future Plans - The indoor design industry in China is expected to grow, with the market size projected to reach approximately ¥467.5 billion by 2024, indicating a competitive landscape[30]. - The company aims to expand its market presence by establishing branches in multiple cities, including Shenzhen, Beijing, and Shanghai, to better serve clients[35]. - The company aims to expand its business into urban complex architectural design, targeting sectors like rail transit, healthcare, and cultural industries[92]. - The company intends to leverage national infrastructure policies to boost its rail transit design business, which has shown rapid growth[96]. Shareholder Relations - The company will ensure that minority shareholders have opportunities to express their opinions and protect their rights during the distribution process[129]. - The profit distribution plan requires approval from the board, supervisory board, and shareholders' meeting[122]. - The company has committed to not transfer or entrust the management of its shares for 36 months post-listing, ensuring stability in shareholding[137]. - The company has a long-term commitment to repurchase shares if necessary, based on the IPO price plus interest[138].

Financial Performance - Total revenue for Q1 2020 was ¥55,428,232.67, a decrease of 33.28% compared to ¥83,074,619.98 in the same period last year[7] - Net profit attributable to shareholders was ¥9,835,780.12, down 53.43% from ¥21,121,831.66 year-on-year[7] - Basic earnings per share decreased by 53.84% to ¥0.0925 from ¥0.2004 in the same period last year[7] - The company reported a decrease in employee compensation payable from CNY 31,976,938.62 to CNY 10,647,624.51, a reduction of about 66.7%[53] - The total comprehensive income for the first quarter of 2020 was CNY 12,507,008.96, compared to CNY 20,118,165.57 in the same period last year, reflecting a decrease of approximately 37.9%[66] Cash Flow and Liquidity - Net cash flow from operating activities was negative at ¥11,294,109.04, a decline of 326.26% compared to ¥4,991,587.78 in the previous year[7] - The company’s net increase in cash and cash equivalents was negative CNY 22,599,121.82, compared to a negative CNY 10,545,212.34 in the previous year, indicating worsening liquidity conditions[70] - The company reported a total cash outflow from financing activities of CNY 29,930,029.64, indicating a focus on debt repayment and financial restructuring[70] - Cash inflow from investment activities totaled CNY 90,481,389.06, down from CNY 105,512,164.38 year-over-year, while cash outflow was CNY 71,812,512.62, compared to CNY 121,088,174.63 last year, resulting in a net cash flow of CNY 18,668,876.44[69] Assets and Liabilities - Total assets at the end of the reporting period were ¥541,031,755.28, down 6.54% from ¥578,875,832.68 at the end of the previous year[7] - Total liabilities decreased from CNY 84,360,958.77 to CNY 65,550,045.83, a reduction of about 22.3%[53] - Total current assets decreased from CNY 471,912,388.77 on December 31, 2019, to CNY 434,432,611.41 on March 31, 2020, representing a decline of approximately 7.9%[51] - The company’s total liabilities decreased from CNY 198,015,760.16 to CNY 176,966,738.08, a reduction of about 10.6%[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,247[11] - The company distributed cash dividends of RMB 2.30 per 10 shares, totaling RMB 24,054,170.50 (including tax) for the year ended December 31, 2019[34] - As of March 31, 2020, the company repurchased a total of 1,769,150 shares, accounting for 1.66% of the total share capital, with a total payment of RMB 29,881,313.84 (excluding transaction fees)[38] Business Strategy and Risks - The company plans to expand its business in the fields of rail transit complexes, medical and elderly care complexes, and cultural and educational industry complexes[20] - The company faces risks related to macroeconomic fluctuations, market expansion, and accounts receivable management, which could adversely affect its operations[24][25][27] - The company is focusing on "green design, digital management, and innovative operations" to strengthen its industry chain[19] Tax Incentives - The company has obtained the "High-tech Enterprise Certificate" which allows it to enjoy a corporate income tax rate of 15% for three consecutive years from 2017 to 2019[30] - If the tax incentive policies change or the company no longer qualifies for these benefits, it may adversely affect the company's operating performance[32] - The company’s subsidiary Jiangfeng (Shenzhen) has been enjoying a 15% corporate income tax rate since 2014 under specific tax incentive policies[30] Investment and Projects - The completion rate for the "Urban Rail Transit Complex Design Center Construction Project" is 90.53%, with an investment of 1,337.5 million against a commitment of 1,477.5 million[43] - The company plans to extend the construction period for the "Design Service Network New Construction and Upgrade Project" to December 31, 2020[35] - The company has achieved a certain investment return by using idle raised funds to purchase financial products[45]

深圳市杰恩创意设计股份有限公司 2019 年第三季度报告全文 深圳市杰恩创意设计股份有限公司 2019 年第三季度报告 2019 年 10 月 1 深圳市杰恩创意设计股份有限公司 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。 公司负责人姜峰、主管会计工作负责人吕成业及会计机构负责人(会计主管 人员)刘雅婧声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市杰恩创意设计股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 550,809,012.62 | | 479,097,995.91 | 14.97% | | 归属于上市公司股东的净资产 | 486, ...

Financial Performance - Total revenue for the first half of 2019 was CNY 165,342,579.35, representing a 6.06% increase compared to CNY 155,899,746.07 in the same period last year[18]. - Net profit attributable to shareholders was CNY 40,051,246.70, up 2.43% from CNY 39,099,438.36 year-on-year[18]. - Net profit after deducting non-recurring gains and losses was CNY 36,525,127.65, reflecting a 6.87% increase from CNY 34,177,169.53 in the previous year[18]. - Basic earnings per share increased to CNY 0.38, up 2.70% from CNY 0.37 in the previous year[18]. - The company achieved a revenue of ¥165,342,579.35, representing a year-on-year growth of 6.06%[42]. - The net profit attributable to the parent company was ¥40,051,246.70, reflecting a year-on-year increase of 2.43%[42]. - The company's gross profit margin for commercial buildings was 53.83%, with a revenue increase of 13.78% to RMB 94,107,458.03[49]. - The company reported a total comprehensive income of 24,516,908.43 RMB for the current period, reflecting a significant decrease compared to the previous period[187]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 5,866,382.81, a significant recovery from a negative cash flow of CNY -6,509,962.21 in the same period last year[18]. - The net cash flow from operating activities improved significantly to RMB 5,866,382.81, compared to a negative RMB 6,509,962.21 in the same period last year, indicating better project repayment progress[47]. - The cash flow from operating activities was not detailed, but the overall cash position indicates a need for improved cash management strategies[178]. - The cash and cash equivalents at the end of the period decreased to 75,553,643.31 CNY from 80,896,512.69 CNY at the beginning of the period, reflecting a net decrease of 5,342,869.38 CNY[178]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 499,668,476.07, a 4.29% increase from CNY 479,097,995.91 at the end of the previous year[18]. - Total liabilities decreased to CNY 49,650,754.42 from CNY 70,798,825.49, a reduction of about 30%[155]. - Total equity increased to CNY 450,017,721.65 from CNY 408,299,170.42, showing a growth of approximately 10.2%[155]. - The company's total assets increased to CNY 502,390,637.16 from CNY 485,728,282.05, marking a growth of 3.6%[160]. Market and Industry Outlook - The architectural decoration industry is projected to maintain a growth rate of 12.19% in 2019, with an estimated market value of RMB 3.3 trillion[30]. - The domestic decoration market is expected to see an annual increase of RMB 1.6-1.9 trillion in the next 3-5 years, driven by urbanization and consumption upgrades[31]. - The company operates in the architectural interior design industry, providing comprehensive design solutions for commercial complexes, urban rail transit complexes, and healthcare and elderly care complexes[26]. Strategic Initiatives - The company has implemented a project-based management system since 2016, improving operational efficiency through a digital enterprise management platform[28]. - The company has diversified its service offerings, covering commercial complexes, rail transit, and healthcare facilities, and is gradually expanding into educational and cultural complex design[36]. - The company is exploring potential mergers and acquisitions to strengthen its market position[189]. - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[179]. Risks and Challenges - The company faces various risks including macroeconomic fluctuations and market expansion risks, which investors should be aware of[4]. - The company has acknowledged the potential impact of real estate industry regulations on its business performance[73]. - The company has emphasized the importance of maintaining a strong talent pool to mitigate risks associated with human resource management[76]. Shareholder and Governance Matters - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has committed to a share transfer restriction for 36 months from the date of its stock listing, ensuring no transfer or management delegation of its directly or indirectly held shares during this period[82]. - The company has a long-term commitment to fulfill its obligations regarding share repurchase and management of shareholding[84]. - The company confirmed that all commitments made by its actual controllers and shareholders have been fulfilled normally during the reporting period[82].

Financial Performance - Total revenue for Q1 2019 reached ¥83,074,619.98, representing a 33.17% increase compared to ¥62,383,983.31 in the same period last year[7] - Net profit attributable to shareholders was ¥21,121,831.66, up 23.11% from ¥17,157,007.88 year-over-year[7] - Net profit excluding non-recurring gains and losses was ¥20,356,521.94, reflecting a 36.10% increase from ¥14,957,341.06 in the previous year[7] - Basic earnings per share increased to ¥0.2004, up 23.10% from ¥0.1628 in the previous year[7] - The operating profit for the reporting period was 25.12 million yuan, reflecting a growth of 25.58% year-on-year[20] - The company's gross profit margin for the reporting period was approximately 63.5%, calculated from the revenue and operating cost figures[18] - The company's total equity attributable to shareholders reached CNY 430,034,727.93, an increase from CNY 408,299,170.42, representing a growth of 5.2%[52] - The total comprehensive income for the period was ¥20,925,642.26, up from ¥16,798,847.60, indicating a growth of approximately 24.5%[62] Cash Flow and Assets - The net cash flow from operating activities improved to ¥4,991,587.78, a significant recovery from a negative cash flow of ¥7,021,856.06 in the same period last year[7] - The company's current assets totaled CNY 381,442,168.49, up from CNY 371,763,373.53 at the end of 2018, reflecting a growth of approximately 1.83%[46] - Cash and cash equivalents decreased to CNY 90,101,703.82 from CNY 99,480,616.16, representing a decline of about 8.38%[46] - The total assets at the end of the reporting period were ¥487,771,067.10, a 1.81% increase from ¥479,097,995.91 at the end of the previous year[7] - The total liabilities decreased to CNY 57,736,339.17 from CNY 70,798,825.49, showing a reduction of about 18.43%[48] - The company's total liabilities stood at ¥162,161,970.28, with no significant changes reported[76] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,406[11] - The company reported a total of 4,176,901 shares, accounting for 3.96% of the total shares, were reduced by major shareholders as part of a share reduction plan[35] Investments and Projects - The company has invested a total of 135,164,164.47 CNY from the raised funds, with a cumulative investment progress of 50.02% for the urban rail transit design center project[38] - The company plans to increase capital in the associated company Shenzhen Jiajian Chengchu Technology Co., Ltd., with independent directors providing prior approval[34] - The company’s headquarters expansion project has reached an investment progress of 85.18%[38] Risks and Compliance - The company faces risks related to macroeconomic fluctuations, market expansion, and receivables collection that could impact future performance[24][26][28] - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[36] - There were no violations regarding external guarantees during the reporting period[41] - The company has not experienced any adverse effects from tax incentive policy changes, but future changes could negatively impact operational performance[33] Research and Development - Research and development expenses for the quarter were CNY 3,500,001.89, marking the company's commitment to innovation[55] - The company recorded a financial expense of ¥17,222.01, which included interest expenses of ¥84,938.82[60]