Financial Performance - The company's operating revenue for the first half of 2021 was CNY 201,315,083.99, representing a 13.30% increase compared to CNY 177,686,741.32 in the same period last year[21]. - The net profit attributable to shareholders of the listed company decreased by 44.30% to CNY 7,779,550.84 from CNY 13,967,986.81 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was CNY 5,966,315.39, down 54.22% from CNY 13,033,474.60 in the previous year[21]. - The net cash flow from operating activities was CNY 14,951,104.01, a decrease of 9.88% compared to CNY 16,590,850.14 in the same period last year[21]. - The basic earnings per share decreased by 44.29% to CNY 0.1151 from CNY 0.2066 in the same period last year[21]. - The diluted earnings per share also decreased by 44.29% to CNY 0.1151 from CNY 0.2066 year-on-year[21]. - The weighted average return on equity was 1.26%, down from 2.32% in the previous year, a decrease of 1.06%[21]. - The total comprehensive income for the first half of 2021 was ¥6,843,545.67, down from ¥13,420,089.77 in the same period of 2020[136]. - The total comprehensive income for the current period decreased by 885,506,000 yuan, with a net profit of 6,843,540 yuan, reflecting a decline compared to the previous period[148]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 730,699,743.49, an increase of 4.46% from CNY 699,529,026.20 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company increased by 1.12% to CNY 621,184,727.52 from CNY 614,290,682.79 at the end of the previous year[21]. - Total liabilities increased to CNY 105.51 million from CNY 81.19 million, representing a growth of around 29.9%[128]. - Current liabilities rose to CNY 90.26 million, up from CNY 64.59 million, indicating an increase of approximately 39.7%[128]. - Cash and cash equivalents increased to CNY 60.25 million from CNY 36.63 million, a growth of approximately 64.5%[131]. - Accounts receivable rose to 114,067,041.49, making up 15.61% of total assets, an increase of 4.86% attributed to the rise in overdue accounts from subsidiaries[56]. - The total equity attributable to shareholders increased to CNY 621.18 million from CNY 614.29 million, a growth of about 1.4%[129]. Market and Industry Position - The company achieved nearly 60% of its revenue from overseas markets during the reporting period, indicating a strong focus on international business expansion[30]. - The smart card industry is experiencing significant growth, with the integrated circuit industry sales in China reaching CNY 884.8 billion in 2020, a year-on-year increase of 17%[34]. - The company is positioned as a leading high-tech enterprise in the smart card and dedicated chip production sector, with a focus on innovation and meeting diverse customer needs[35]. - The demand for smart card specialized chips is expected to grow due to the increasing applications in IoT and 5G technologies, which will drive the need for enhanced security and connectivity[35]. - The company has established long-term stable partnerships with internationally renowned smart card system companies, enhancing its global service capabilities through subsidiaries in multiple countries[29]. Research and Development - The company has 87 patent technologies, including 2 invention patents, and 32 software copyrights, indicating a strong focus on innovation and R&D[37]. - Research and development expenses increased by 6.41% to ¥7,452,766.11, focusing on specialized chip development and smart card technology improvements[47][53]. - The company aims to enhance its core competitiveness by investing in new technology research and development, aligning with industry trends[46]. - The company has allocated resources for research and development of new technologies to maintain competitive advantage in the market[149]. Strategic Initiatives - The company has implemented a strategy to extend its industrial chain and explore new fields, optimizing its product structure and increasing the revenue share from smart card personalization software services[30]. - The company is actively expanding into new fields such as financial IC cards and IoT products, enhancing its competitive edge in the industry[43]. - The company plans to enhance production efficiency through automation and smart factory initiatives[74]. - The company aims to improve operational efficiency and reduce costs in the upcoming quarters to enhance profitability[148]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[150]. Financial Management - The company reported a significant increase in investment income, which rose to ¥1,918,496.15 from ¥502,792.58, marking a growth of 281.4%[134]. - The company has a restricted cash balance of 2,510,023.75 due to bank acceptance bill guarantees[60]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[66]. - The company has not issued any non-standard audit reports for the reporting period[89]. - The company has maintained its ability to continue as a going concern for the next 12 months, with no significant doubts identified[166]. Shareholder Information - The total number of shares is 68 million, with 84.15% being unrestricted shares[110]. - The largest shareholder, Shenzhen Chengtian Shengye Investment Co., Ltd., held 41.25% of the shares, totaling 28,050,000 shares[111]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[116]. - The company did not conduct any repurchase transactions among its top 10 shareholders during the reporting period[114]. Compliance and Governance - The financial statements were approved by the board of directors on August 26, 2021, ensuring compliance with accounting standards[161]. - The company adheres to the accounting policies and estimates based on its operational characteristics, particularly in areas like receivables and inventory valuation[167]. - The financial reports are prepared in accordance with the Chinese accounting standards, reflecting the company's financial position and performance accurately[168].

Financial Performance - The company achieved operating revenue of 349.03 million yuan, a slight decrease of 0.05% year-on-year[5]. - Net profit for the year was 23.59 million yuan, down 50.52% compared to the previous year[5]. - The decline in performance was attributed to delays in product certification and customer factory inspections due to the pandemic, impacting key projects[5]. - The company's operating revenue for 2020 was CNY 349,029,365.88, a decrease of 0.05% compared to CNY 349,203,657.10 in 2019[18]. - The net profit attributable to shareholders for 2020 was CNY 23,594,276.58, down 50.52% from CNY 47,686,109.64 in 2019[18]. - The net profit after deducting non-recurring gains and losses was CNY 11,993,562.38, a decrease of 49.62% compared to CNY 23,807,526.24 in 2019[18]. - The company's net profit for 2020 was CNY 2.36 million, a significant decline of 50.52% compared to the previous year[45]. - The company's total revenue for the smart card manufacturing industry was approximately ¥349 million, with a year-on-year decrease of 0.05%[53]. - The company's overseas revenue increased by 23.73% to CNY 229.91 million, while domestic revenue decreased by 27.09% to CNY 119.12 million[49]. - The company’s cash dividend total for 2020, including other methods, was 8,069,217.20 CNY, which is 34.20% of the net profit attributable to shareholders[107]. Revenue Sources and Market Position - Over 60% of the company's revenue came from overseas sales, with significant foreign exchange losses due to the depreciation of the US dollar in the second half of the year[5]. - The revenue from smart card products was CNY 310.16 million, accounting for 88.86% of total revenue, representing a year-on-year increase of 4.59%[49]. - The comprehensive card service revenue decreased by 23.48% to CNY 28.70 million, down from CNY 37.50 million in 2019[49]. - The company has been actively expanding its overseas business, resulting in an increased proportion of overseas revenue during the reporting period[29]. - The market for financial IC cards in China has a high penetration rate, with increasing demand for innovative and high-value-added products[31]. - The company aims to enhance its market share in smart cards and dedicated chips while extending its industrial chain and investing in R&D and production[91]. Strategic Initiatives and Future Plans - Plans to expand product lines in new application areas such as IoT and 5G, leveraging its leading position in smart card hardware and services[6]. - The company aims to diversify its business by developing new IoT terminal products during the "14th Five-Year Plan" period[6]. - The company aims to extend its industrial chain and explore new fields, focusing on financial IC cards, dedicated chips, and IoT products[45]. - The company plans to enhance its semiconductor business by developing proprietary chips, which will serve as a new growth engine[93]. - The company intends to strengthen its innovation capabilities and establish a top-level innovation mechanism to enhance cross-departmental collaboration[92]. - The company is exploring new business opportunities in IoT terminal products to diversify its operations and drive future growth[99]. Research and Development - The company has increased its R&D investment, resulting in 23 new patent authorizations and certifications from major global card organizations[47]. - Research and development expenses were approximately ¥15.27 million, accounting for 4.38% of total revenue, an increase from 4.18% in the previous year[62]. - The company has 87 patents, including 2 invention patents, and 32 software copyrights, enhancing its core competitiveness[37]. Financial Management and Investments - The company's cash and cash equivalents decreased by 57.3% compared to the previous year, primarily due to investments in financial products[35]. - The company's trading financial assets increased by 564.08% compared to the previous year, mainly due to financial products[35]. - The company reported a total of 223,306,903.54 invested in fundraising projects by the end of 2020, with no remaining funds and all fundraising accounts closed[78]. - The company has committed to invest a total of 13,448.79 million in the financial smart card and personalization construction project, with 4,043.5 million already invested, achieving 100% of the planned progress[80]. Shareholder and Governance Information - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, complying with relevant laws and regulations[182]. - The board of directors consists of 5 members, including 2 independent directors, fulfilling legal and regulatory requirements[185]. - The company has a total of 675,600 shares held by shareholder Li Yongbo through a margin trading account[156]. - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[156]. - The company has a total of 5 board members, including 2 independent directors[167]. Employee and Management Structure - The company employed a total of 721 staff, including 509 production personnel and 64 technical personnel[176]. - The company has a total of 6 retired employees for whom it bears costs[176]. - The company actively seeks various training resources for employee development, including both internal and external training[179]. - The total remuneration for directors, supervisors, and senior management in 2020 amounted to CNY 1.7717 million[174]. Risk Management - The company is facing risks related to market dependency on major clients, with significant sales concentrated among the top five customers[93]. - The company has implemented measures to mitigate risks from rising labor costs by enhancing automation and reducing reliance on manual labor[95]. - The supervisory board found no risks during its oversight activities in the reporting period[198].

Financial Performance - The company's revenue for Q1 2021 was ¥83,809,929.86, representing a 25.86% increase compared to ¥66,590,561.84 in the same period last year[8] - Net profit attributable to shareholders was ¥1,889,104.85, a 3.61% increase from ¥1,823,209.28 year-on-year[8] - The net profit after deducting non-recurring gains and losses dropped by 75.98% to ¥439,101.48 from ¥1,827,735.72 in the previous year[8] - The net cash flow from operating activities decreased by 32.36% to ¥11,397,108.79, down from ¥16,850,344.83 in the same period last year[8] - Total operating revenue for Q1 2021 was CNY 83,809,929.86, an increase from CNY 66,590,561.84 in the previous period[42] - Total operating costs for Q1 2021 amounted to CNY 82,712,041.93, up from CNY 65,091,044.10 in the previous period[43] - Gross profit for Q1 2021 was CNY 1,097,887.93, reflecting a decrease compared to the previous period[43] - The total profit for Q1 2021 was CNY 2,400,640.07, down from CNY 2,913,159.33 in the previous year, indicating a decline of about 17.5%[44] - The company's basic and diluted earnings per share for Q1 2021 remained stable at CNY 0.03, unchanged from the previous period[45] - The total comprehensive income for Q1 2021 was CNY 1,763,494.63, a significant recovery from a loss of CNY 2,343,548.26 in the previous year[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥710,262,619.11, reflecting a 1.53% increase from ¥699,529,026.20 at the end of the previous year[8] - The net assets attributable to shareholders increased by 0.28% to ¥616,015,999.81 from ¥614,290,682.79 at the end of the last year[8] - Total assets as of March 31, 2021, were CNY 524,517,106.28, compared to CNY 516,097,749.53 at the end of 2020[40] - Total liabilities as of March 31, 2021, were CNY 88,798,993.33, an increase from CNY 80,242,340.20 at the end of 2020[40] - Total equity attributable to shareholders was CNY 435,718,112.95 as of March 31, 2021, slightly down from CNY 435,855,409.33 at the end of 2020[40] Cash Flow - The company's cash flow from operating activities was CNY 79,367,559.02, down from CNY 96,511,074.95 in the previous period[51] - Cash and cash equivalents at the end of Q1 2021 totaled ¥64,454,649.01, compared to ¥111,314,374.22 at the end of Q1 2020, reflecting a decrease of 42.1%[53] - The company reported cash inflow from operating activities of ¥55,132,072.46, down 30.6% from ¥79,497,181.00 in the previous year[55] - Cash outflow from operating activities was ¥77,826,662.09, an increase of 9.4% compared to ¥70,721,750.43 in Q1 2020[55] - The net cash flow from financing activities was ¥3,267,889.83, a recovery from -¥5,251,763.40 in the previous year[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,072[11] - The largest shareholder, Shenzhen Chengtian Shengye Investment Co., Ltd., holds 41.25% of the shares, amounting to 28,050,000 shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] - The company has initiated an employee stock ownership plan aiming to raise up to RMB 7.2208 million, with a total of no more than 7.2208 million shares available for subscription[25] Operational Insights - The company is expanding its international presence, particularly in Southeast Asia and Africa, to enhance service delivery and meet large-scale procurement demands[18] - The company is increasing investment in smart production centers and automation to improve production efficiency[16] - The company has completed certifications for its smart card specialized chips, enhancing its competitive edge in the market[20] - The company is actively managing market risks by maintaining effective communication with major clients and signing long-term cooperation agreements[21] - The company has increased its investment in product development and technology research to enhance its core competitiveness, focusing on optimizing smart operation management and financial systems[22] - The average wage level for domestic manufacturing workers continues to rise, posing a risk of increased labor costs for the company, which operates in a labor-intensive industry[22] - The company plans to enhance production process automation and reduce reliance on manual labor by building smart factory production lines[22] - The company is establishing a top-level innovation mechanism to strengthen cross-departmental collaboration and improve internal control systems[23] - The company's overseas business revenue is increasing annually, but fluctuations in the RMB exchange rate may impact its profitability[23] Investment and Expenses - The company received government subsidies amounting to ¥891,440.71 during the reporting period[9] - Accounts receivable decreased by 61.49% to $100,000 due to the maturity of bank acceptance bills[15] - Prepayments increased by 126.06% to $2,379,886.38 primarily due to increased advance payments for material purchases[15] - Sales expenses decreased by 86.14% to $488,304.68 as transportation costs were adjusted to operating costs under new revenue standards[15] - Investment income of $1,028,145.47 was recorded, attributed to returns from financial products[15] - Research and development expenses for Q1 2021 were CNY 1,287,794.23, slightly up from CNY 1,212,757.55 in the previous year, indicating continued investment in innovation[47] - The company incurred a loss of CNY 121,245.62 from asset disposal in Q1 2021, reflecting challenges in asset management[44]

证券代码：300689 证券简称：澄天伟业 公告编号：2020-051 深圳市澄天伟业科技股份有限公司 关于参加 2020 深圳辖区"诚实守信，做受尊重的上市公司" 上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市澄天伟业科技股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"诚实守信，做受尊重的上市公司"--2020 深圳辖区上市公司投资者 网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为2020年12月8日9:00至17:00，其中公司与投资者网上互动时间为15：30-17： 00。 届时公司董事会秘书、财务负责人蒋伟红女士将通过网络文字交流形式与投 资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 ...

2020-046 2020 年 10 月 1 深圳市澄天伟业科技股份有限公司 2020 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。 深圳市澄天伟业科技股份有限公司 2020 年第三季度报告全文 深圳市澄天伟业科技股份有限公司 2020 年第三季度报告 公司负责人冯学裕、主管会计工作负责人蒋伟红及会计机构负责人(会计主 管人员)蒋伟红声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市澄天伟业科技股份有限公司 2020 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） | 715,029,176.44 | | 706,207,646.42 | 1.25% | | 归属于上市公司股东的净 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥177,686,741.32, representing a 14.83% increase compared to ¥154,734,184.77 in the same period last year[20]. - The net profit attributable to shareholders decreased by 35.30% to ¥13,967,986.81 from ¥21,590,292.20 in the previous year[20]. - The net cash flow from operating activities fell by 45.31% to ¥16,590,850.14, down from ¥30,334,295.96 in the same period last year[20]. - The basic earnings per share decreased by 34.93% to ¥0.2066, compared to ¥0.3175 in the previous year[20]. - The company reported a total non-operating income of ¥934,512.21, with government subsidies contributing ¥1,236,145.19 and losses from non-current asset disposal amounting to -¥119,733.46[25]. - The company achieved a revenue of 177.68 million yuan in the first half of 2020, representing a year-on-year increase of 14.83%[43]. - Net profit for the same period was 13.97 million yuan, a decrease of 35.30% year-on-year, while the net profit excluding non-recurring gains and losses was 13.03 million yuan, an increase of 24.81% year-on-year[43]. - The company reported a total comprehensive income of CNY 18,742,241.89 for the first half of 2020, compared to CNY 6,725,930.88 in the first half of 2019, marking an increase of 178.5%[150]. Assets and Liabilities - Total assets at the end of the reporting period were ¥710,317,130.19, a slight increase of 0.58% from ¥706,207,646.42 at the end of the previous year[20]. - The total liabilities stood at CNY 328,531,803.62, with short-term borrowings not specified in the report[138]. - The total amount of raised funds was CNY 21,369.42 million, with CNY 170.36 million invested during the reporting period[66]. - The total cash and cash equivalents at the end of the period decreased to CNY 72,518,665.51 from CNY 27,570,969.55 in the previous year, reflecting a net decrease of CNY 41,961,989.34[156]. - The company reported a total liability of CNY 100,715,884.71, a decrease from CNY 101,957,273.51[140]. - The total equity attributable to shareholders at the end of the reporting period was 434,583,053.25 CNY, reflecting an increase from the previous year's 571,927,000.00 CNY[161]. Investments and R&D - Research and development investment amounted to ¥7,003,685.31, reflecting a 3.80% increase from ¥6,747,393.80 in the previous year, with R&D personnel accounting for 8% of the workforce[53]. - The company has committed to investing CNY 13,448.79 million in the financial smart card project, with 100% of the investment completed[70]. - The company has invested CNY 589.79 million in the smart card R&D project, achieving 100% completion[70]. - The company added 18 new patent authorizations during the reporting period, enhancing its innovation capabilities and core competitiveness[45]. Market and Business Strategy - The company is focused on expanding its smart card and dedicated chip production, with a strategy to enhance its product structure and increase revenue from smart card personalization software services[29]. - The overseas revenue proportion has increased, reflecting the company's efforts to expand its international business[29]. - The company has established five production centers in Shenzhen, Shanghai, Beijing, New Delhi, and Jakarta to enhance service capabilities and meet customer demands quickly[36]. - The company is focused on extending its industrial chain and expanding into new fields, including financial IC cards and IoT products[43]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,351[118]. - The largest shareholder, Shenzhen Chengtian Shengye Investment Co., Ltd., held 41.25% of the shares, totaling 28,050,000 shares[118]. - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased capital through reserves[87]. - The company has made adjustments to its share repurchase plan multiple times since its initial approval in April 2019[114]. Compliance and Governance - The company is actively enhancing its governance and investor communication to improve its corporate image since its listing on the Shenzhen Stock Exchange in August 2017[45]. - The company has not faced any significant litigation or arbitration matters during the reporting period, reflecting a stable legal standing[92]. - The financial statements are prepared based on actual transactions and in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance with relevant regulations[175]. Operational Challenges - Sales expenses surged by 184.58% to ¥11,650,026.10, primarily due to increased shipping costs during the pandemic and higher transportation expenses for overseas orders[49]. - Rising labor costs pose a risk to the company, particularly as it operates in a labor-intensive industry; the company plans to invest in equipment upgrades to improve automation and reduce reliance on manual labor[83]. - The company has not encountered any issues with the use and disclosure of raised funds during the reporting period[72].

深圳市澄天伟业科技股份有限公司 2020 年第一季度报告全文 深圳市澄天伟业科技股份有限公司 2020 年第一季度报告 2020-023 2020 年 04 月 1 深圳市澄天伟业科技股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人冯学裕、主管会计工作负责人蒋伟红及会计机构负责人(会计主 管人员)蒋伟红声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市澄天伟业科技股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 66,590,561.84 | 74,750,122.42 | -10.92% | | 归属于上市公司股东的净利润（元） | 1, ...

Financial Performance - The company's operating revenue for 2019 was CNY 349,203,657.10, a decrease of 1.67% compared to 2018[16] - The net profit attributable to shareholders for 2019 was CNY 47,686,109.64, down 13.01% from the previous year[16] - The net profit after deducting non-recurring gains and losses was CNY 23,807,526.24, a decline of 47.11% year-on-year[16] - The basic earnings per share for 2019 was CNY 0.70, a decrease of 13.58% from 2018[16] - The weighted average return on equity was 8.13%, down from 9.90% in the previous year[16] - The total operating revenue for 2019 was ¥349,203,657.10, a decrease of 1.67% compared to ¥355,127,499.71 in 2018[45] - Revenue from smart card products was ¥296,549,974.65, accounting for 84.92% of total revenue, down 2.64% from ¥304,584,319.69 in 2018[45] - Domestic sales decreased by 17.16% to ¥163,386,984.76, while international sales increased by 17.69% to ¥185,816,672.34, representing 53.21% of total sales[45] - The gross profit margin for the smart card manufacturing industry was 27.32%, with a slight decrease of 2.48% from the previous year[47] Cash Flow and Assets - The net cash flow from operating activities increased by 31.40% to CNY 55,825,885.41 in 2019[16] - The total assets at the end of 2019 amounted to CNY 706,207,646.42, reflecting a growth of 7.42% compared to 2018[16] - The net assets attributable to shareholders increased by 5.12% to CNY 601,228,421.77 at the end of 2019[16] - The company's cash and cash equivalents increased by 62.36% year-over-year, attributed to the redemption of financial products and an increase in accounts receivable collections[30] - The total cash and cash equivalents increased by 173.22% to CNY 49,277,891.33, compared to a decrease of CNY 67,302,483.01 in the previous year[57] - The company reported a net cash inflow from investment activities of CNY 18,466,503.14, a significant turnaround from a net outflow of CNY 92,333,944.11 in 2018, reflecting a recovery in investment returns[57] Business Operations and Market Position - The company aims to enhance its product structure, with the revenue share from smart card personalization software services and dedicated chip products gradually increasing[26] - The company has completed the construction of its smart card dedicated chip project by the end of 2019, positioning itself as a full industry chain enterprise in the smart card sector[29] - The company actively expanded its overseas business, resulting in an increased proportion of overseas revenue during the reporting period[26] - The company is focused on optimizing production efficiency through investments in smart manufacturing centers and the introduction of automation equipment[26] - The company has established five production centers in Shenzhen, Shanghai, Beijing, New Delhi, and Jakarta to provide quality pre-sales consultation, production assurance, and after-sales service, achieving a production capacity of over 1 billion smart cards annually[33] - The company’s smart card products are primarily used in mobile communications, financial payments, and public utilities, with the industry showing no significant cyclicality[84] Research and Development - The company added 26 new patent authorizations and 9 software copyrights during the reporting period, enhancing its R&D capabilities[42] - R&D expenses increased by 5.07% to ¥14,593,860.83, reflecting the company's commitment to innovation[53] - The company holds 64 patents and 32 software copyrights, emphasizing its commitment to product development and technological innovation[54] - The company is committed to continuous innovation and R&D investment to maintain its competitive edge in the smart card and specialized chip sectors[89] Shareholder Returns and Dividends - The company plans to distribute no cash dividends and no bonus shares for the year[4] - The profit distribution plan for 2019 proposed no cash dividends, no bonus shares, and no capital reserve transfer to increase share capital, with undistributed profits carried forward to the next year[100] - The total distributable profit for the year was 104,389,007.21 CNY, with the cash dividend amount accounting for 15.54% of the consolidated net profit attributable to ordinary shareholders[102] - The company did not distribute cash dividends or bonus shares for the fiscal year 2019, with a total cash dividend amount of 7,410,130 CNY from share buybacks, representing 100% of the profit distribution[97] Corporate Governance and Management - The company has established a governance structure comprising the shareholders' meeting, board of directors, supervisory board, and management team[178] - The company maintains independence from its controlling shareholders, ensuring autonomous operations in business, personnel, assets, and finance[180] - The company has a strong emphasis on professional qualifications among its board members, ensuring effective oversight and strategic direction[165] - The company has a stable management team with no changes in the supervisory board during the reporting period[163] - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors through designated media[183] Market Trends and Industry Insights - The global smart card market showed steady growth in 2019, with China's mobile phone user base increasing by 35.25 million to reach 1.6 billion, resulting in a penetration rate of 114.4 users per 100 people[26] - The domestic integrated circuit industry reached a scale of ¥759.13 billion in 2019, driven by the localization of chips and the emergence of new applications[28] - The number of bank cards in circulation in China reached 8.419 billion by the end of 2019, with a year-on-year growth of 10.82%[27] - The number of cellular IoT users in China reached 1.03 billion by the end of 2019, with a net increase of 357 million users during the year, indicating strong growth in the IoT sector[83] Risks and Challenges - The company faces risks related to market dependency on major clients, with a significant portion of revenue derived from top customers[88] - The company is focused on long-term development of overseas business to create foreign exchange income[137]

Financial Performance - Operating revenue for the reporting period was ¥91,768,901.03, reflecting a year-on-year growth of 6.68%[8] - Net profit attributable to shareholders was ¥11,362,914.04, a decrease of 4.30% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,233,790.76, down 5.18% year-on-year[8] - The basic earnings per share for the reporting period was ¥0.1673, a decline of 4.18% compared to the same period last year[8] - The weighted average return on net assets was 1.96%, a decrease of 0.21% compared to the previous year[8] - The total operating revenue for the third quarter was CNY 32,767,019.66, a decrease of 15.8% compared to CNY 38,002,498.76 in the same period last year[38] - The net profit for the third quarter was CNY 10,927,036.64, down from CNY 11,873,117.86, representing a decline of 8.9% year-over-year[36] - The company's gross profit margin for the third quarter was approximately 36.4%, compared to 28.7% in the previous year, indicating improved cost management[38] - The total profit for Q3 2019 was CNY 38,964,427.11, compared to CNY 45,791,220.74 in the previous year, indicating a decline of about 15%[44] Assets and Liabilities - Total assets at the end of the reporting period reached ¥680,978,312.71, an increase of 3.58% compared to the end of the previous year[8] - Current assets totaled CNY 357,139,161.33 as of September 30, 2019, down from CNY 370,702,257.16 at the end of 2018[30] - Total liabilities increased to CNY 91,033,855.13 in Q3 2019 from CNY 85,514,668.45 in the previous period[27] - Owner's equity rose to CNY 589,944,457.58 in Q3 2019, compared to CNY 571,927,620.37 at the end of 2018[27] - The total assets of the company at the end of the third quarter were CNY 246,503,085.80, an increase from CNY 242,262,450.82 year-over-year[41] - Total assets amounted to CNY 657,442,288.82, with current assets at CNY 410,732,431.55 and non-current assets at CNY 246,709,857.27[59] - Total liabilities were CNY 85,514,668.45, with current liabilities at CNY 78,023,044.19 and non-current liabilities at CNY 7,491,624.26[61] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥34,674,467.63, an increase of 57.06%[8] - The company generated CNY 259,186,577.63 in cash from operating activities, compared to CNY 224,124,075.56 in the previous period[50] - The net cash flow from operating activities for Q3 2019 was ¥34,674,467.63, an increase of 57.3% compared to ¥22,076,643.89 in Q3 2018[51] - Total cash inflow from investment activities was ¥607,143,287.16, significantly higher than ¥335,186,755.33 in the previous year, indicating a strong investment recovery[52] - The net cash flow from investment activities was -¥44,694,580.42, compared to -¥3,466,855.80 in Q3 2018, reflecting increased capital expenditures[52] - The company reported a total cash outflow from financing activities of ¥23,680,004.20, slightly lower than ¥24,327,880.06 in Q3 2018[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,067[12] - The largest shareholder, Shenzhen Chengtian Shengye Investment Co., Ltd., held 41.25% of the shares[12] - The company repurchased a total of 230,500 shares, representing 0.34% of total shares, with a total transaction amount of ¥7,410,130[18] Expenses and Costs - Sales expenses increased by 91.08% to ¥6,521,068.66, mainly due to higher transportation costs from increased foreign orders[16] - Financial expenses decreased by 30.25% to -¥2,942,497.87, due to reduced interest income and foreign exchange losses[16] - The company reported a 250.89% increase in non-operating expenses to ¥368,222.63, primarily due to non-recurring losses incurred[16] - Research and development expenses for Q3 2019 were CNY 3,752,765.39, slightly higher than CNY 3,540,451.40 in the previous period[34] - The company's R&D expenses increased to CNY 4,374,673.87 from CNY 3,842,411.62, reflecting a growth of approximately 13.9%[47] Other Financial Metrics - Non-recurring gains and losses for the year-to-date amounted to ¥12,276,403.51[10] - Deferred income increased to CNY 8,196,710.73 from CNY 7,491,624.26[27] - The company reported other receivables of CNY 155,516,520.14 and other current assets of CNY 178,656,639.36[59][63] - The total liabilities to total assets ratio is approximately 12.99%, indicating a low leverage level[61] - The company has not disclosed any new product developments or market expansion strategies in the current report[65] - The third quarter report has not been audited, which may affect the reliability of the financial data presented[65]

Financial Performance - Total revenue for the first half of 2019 was CNY 154,734,184.77, a decrease of 0.96% compared to CNY 156,240,382.24 in the same period last year[20]. - Net profit attributable to shareholders was CNY 21,590,292.20, down 15.49% from CNY 25,547,167.70 year-on-year[20]. - Net profit after deducting non-recurring gains and losses was CNY 10,443,011.97, a significant decline of 52.04% compared to CNY 21,775,286.28 in the previous year[20]. - Basic earnings per share decreased to CNY 0.3175, down 15.49% from CNY 0.3757 in the previous year[20]. - Revenue for the reporting period was CNY 154.73 million, a decrease of 0.96% year-on-year, while net profit was CNY 21.59 million, down 15.49% year-on-year[41]. - The company reported a decrease in comprehensive income to CNY 21,192,651.32 from CNY 24,540,498.58 year-on-year[139]. - The net profit for the first half of 2019 was CNY 20,448,442.17, down 19.5% from CNY 25,547,167.70 in the first half of 2018[138]. Cash Flow and Investments - Operating cash flow for the period increased by 61.79% to CNY 30,334,295.96, compared to CNY 18,749,635.48 in the same period last year[20]. - The net cash flow from operating activities increased by 61.79% to ¥30,334,295.96, primarily due to increased sales collections and government subsidies received by subsidiaries[46]. - The net cash flow from investment activities decreased significantly by 1,072.45% to -¥48,183,196.53, mainly due to increased project investments by subsidiaries[46]. - The total cash inflow from investment activities reached ¥488,798,282.66, significantly up from ¥222,541,002.45 in the same period last year[146]. - The total cash and cash equivalents at the end of the period decreased to ¥56,445,222.23 from ¥157,301,360.72 at the end of the first half of 2018[146]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 676,821,975.03, reflecting a 2.95% increase from CNY 657,442,288.82 at the end of the previous year[20]. - Total current assets decreased from CNY 410,732,431.55 as of December 31, 2018, to CNY 316,914,589.90 as of June 30, 2019, representing a decline of approximately 22.8%[128]. - Total liabilities increased from CNY 85,514,668.45 to CNY 93,593,265.03, an increase of approximately 9.5%[130]. - Non-current assets rose from CNY 246,709,857.27 to CNY 359,907,385.13, an increase of approximately 46%[128]. Research and Development - Research and development expenses rose by 10.38% to ¥6,747,393.80, indicating a focus on innovation[46]. - The company is enhancing its R&D capabilities, focusing on new products and technologies in the smart card dedicated chip sector, while maintaining certifications from major organizations like VISA and MasterCard[42]. - The company is increasing investment in product development and technology research to enhance core competitiveness and optimize smart operation management systems[79]. Market and Business Development - The company's overseas revenue share has increased, indicating a focus on long-term international business development[28]. - The company has established long-term stable partnerships with international smart card system companies, enhancing its market position[31]. - The company is actively expanding its overseas business, which has been increasing annually, but is exposed to foreign exchange risks due to fluctuations in the international financial environment[78]. Shareholder Information - The company plans to repurchase shares with a total amount between 15 million RMB and 30 million RMB, with a price cap of 32.835 RMB per share[109]. - The company repurchased a total of 93,900 shares, accounting for 0.14% of total shares, with a total transaction amount of 2,997,294 RMB[110]. - The total number of ordinary shareholders at the end of the reporting period was 8,941[112]. Risk Factors - The company has disclosed potential risks and countermeasures in its operations, which investors should pay attention to[5]. - The company faces technology update risks in the smart card industry, necessitating timely adoption of new technologies to maintain competitiveness[78]. - Rising labor costs pose a risk, particularly in the labor-intensive smart card manufacturing industry, which may impact future production costs[79]. Corporate Governance - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[114]. - The financial report for the first half of 2019 was not audited[125]. - The company has not identified any significant doubts regarding its ability to continue as a going concern for the next 12 months[169].