2018 年 10 月 25 日接待调研活动纪要 2018 年 10 月 25 日，9 家投资机构对河南省交通规划设计研究院股份有 限公司（以下简称公司）进行了现场调研，具体情况如下： 一、调研活动参与人员 1.投资机构：广发基金、农银汇理基金、泰康资产、华夏基金、信诚基金、 国寿安保基金、国投瑞银基金、华夏久盈基金、泰达宏利基金等 9 家投资机构 的基金经理和研究员。 2.公司相关人员：公司董事长、总经理常兴文，公司副总经理、董事会秘 书王国锋，公司财务总监林明，公司证券事务代表王石朋等。 二、调研活动中所提问题及答复概要 1.公司管理层及主要骨干是否持有公司股份？ 答：公司前身为河南省交通规划勘察设计院，是河南省交通运输厅下属的 事业单位。2007 年，根据当时国家的相关政策，原事业单位进行了改制，改 制后设立了有限责任公司，20%的股权为国有法人持股，80%的股权由原事业 单位的在职员工出资购买。所以，公司管理层及主要骨干基本上都持有公司的 股份。只是在 2014 年，为了改变公司股权过于分散的局面，公司管理层及一 部分公司骨干以其所持全部公司股份出资成立了"河南交院投资控股有限公 司"，他们直接持有的 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥572,030,255.21, representing an increase of 18.57% year-over-year[5]. - The net profit attributable to shareholders decreased by 45.80% to ¥40,173,628.41 for the same period[5]. - The net profit after deducting non-recurring gains and losses was ¥33,145,696.08, down 53.45% compared to the previous year[5]. - Total operating revenue for the third quarter reached CNY 1,528,670,163.37, an increase of 21.0% compared to CNY 1,262,976,991.80 in the same period last year[22]. - The net profit for the third quarter of 2022 was CNY 151,918,234.17, a decrease of 18.0% compared to CNY 185,146,951.40 in the same period last year[23]. - Operating profit for the third quarter was CNY 162,542,848.30, down 24.4% from CNY 215,098,756.23 year-over-year[23]. - Total revenue from operating activities was CNY 1,675,643,102.38, an increase of 16.9% compared to CNY 1,433,853,166.43 in the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,183,541,592.00, an increase of 6.70% from the end of the previous year[5]. - Total liabilities increased to CNY 3,322,274,235.37, compared to CNY 2,958,870,742.34 in the previous year, marking a rise of 12.3%[20]. - The equity attributable to shareholders of the parent company was CNY 2,780,928,172.61, slightly up from CNY 2,751,849,915.12, indicating a growth of 1.1%[20]. - Short-term borrowings decreased significantly to CNY 2,624,999.97 from CNY 35,054,480.56, a reduction of 92.5%[20]. - Long-term borrowings increased to CNY 392,600,000.00, up from CNY 263,841,110.94, reflecting a growth of 48.7%[20]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥94,405,616.99, reflecting an 8.68% increase in cash outflow year-to-date[5]. - Cash flow from operating activities showed a net outflow of CNY 94,405,616.99, slightly improved from a net outflow of CNY 103,380,497.60 in the same period last year[24]. - Cash flow from investment activities resulted in a net outflow of CNY 323,613,370.09, compared to a net outflow of CNY 259,080,989.74 in the previous year[25]. - Cash flow from financing activities generated a net inflow of CNY 51,877,235.92, a significant improvement from a net outflow of CNY 115,397,109.50 in the same period last year[25]. - As of September 30, 2022, the company's cash and cash equivalents decreased to ¥735,224,988.22 from ¥1,103,428,228.12 at the beginning of the year, representing a decline of approximately 33.4%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,096[11]. - The company has a total of 2,534,883 shares under lock-up agreements, with 506,976 shares released during the reporting period[15]. - The top ten shareholders include Henan Jiaoyuan Investment Holding Co., Ltd. with 108,336,197 shares, accounting for approximately 14.45% of total shares[12]. Expenses - The company's financial expenses increased by 44.43% to ¥30,981,061.50, primarily due to rising interest expenses[10]. - Research and development expenses increased to CNY 86,844,282.05, representing a rise of 27.1% compared to CNY 68,389,490.87 in the previous year[22]. - Interest expenses increased to CNY 35,550,736.78 from CNY 25,550,440.78, reflecting a rise of 39.2% year-over-year[23]. Future Outlook - The company reported a net profit margin improvement, with net profit figures to be detailed in future reports[22]. - Future outlook includes continued investment in R&D and potential market expansion strategies to enhance competitive positioning[22]. Other Notable Changes - The company reported a significant increase in prepayments, which rose by 295.18% to ¥68,717,924.93, mainly due to increased advance payments for goods[9]. - The company's long-term borrowings increased by 48.80% to ¥392,600,000.00, attributed to new bank loans[9]. - The company reported a significant increase in contract assets, which grew to ¥1,002,232,455.46 from ¥777,851,616.45, reflecting a rise of around 28.8%[18]. - The company did not report any new product launches or significant market expansion strategies during the quarter[26].

Business Development and Strategy - The company emphasizes the importance of national infrastructure investment for its business development, particularly in transportation and urban construction sectors[4]. - The company plans to transition regional marketing centers into comprehensive management centers to enhance service capabilities and support business expansion[9]. - The company is developing a new business in intelligent manufacturing, specifically in the steel structure bridge sector, which presents significant management challenges[10]. - The company has established high-end industry think tanks to provide strategic planning and safety consulting for the transportation sector[39]. - The company has expanded its market presence beyond Henan, establishing subsidiaries in Cambodia, Bangladesh, Nepal, and East Africa, enhancing its international cooperation capabilities[56]. - The company plans to continue expanding its market presence and enhancing its technological capabilities in the future[83]. - The company aims to enhance service quality and efficiency, increase investment in human resources and technology, and accelerate the establishment of regional service centers for localized management[103]. Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥956.64 million, representing a 22.56% increase compared to ¥780.54 million in the same period last year[26]. - The net profit attributable to shareholders was approximately ¥110.49 million, a slight increase of 1.27% from ¥109.11 million year-on-year[26]. - The net profit after deducting non-recurring gains and losses was approximately ¥105.39 million, reflecting a 5.52% increase from ¥99.88 million in the previous year[26]. - The company's total assets at the end of the reporting period were approximately ¥5.99 billion, up 3.41% from ¥5.80 billion at the end of the previous year[26]. - The net assets attributable to shareholders decreased by 0.38% to approximately ¥2.74 billion from ¥2.75 billion at the end of the previous year[26]. - The basic earnings per share decreased by 29.17% to ¥0.34 from ¥0.48 in the same period last year[26]. - The diluted earnings per share also decreased by 31.25% to ¥0.33 from ¥0.48 year-on-year[26]. - The company reported a net cash flow from operating activities of approximately -¥100.68 million, an improvement of 2.64% compared to -¥103.40 million in the previous year[26]. - The company reported a total profit of 5,753 million, with a profit margin of 18.21%[145]. - The company reported a net profit of 10,539.08 million yuan for the current period, representing a 5.52% increase compared to the same period last year[187]. Quality Control and Risk Management - The company has established a comprehensive quality control system and has obtained an AAA certification for its quality management system[7]. - The company has mechanisms in place to monitor customer financial conditions to mitigate the risk of bad debts, especially given that its clients are primarily government departments[8]. - The company has established a risk management and internal control system, including 8 risk management policies and 153 other management systems[59]. - The risk of bad debts from accounts receivable is low due to the company's clients primarily being government departments, but measures are in place to monitor and manage this risk[105]. Research and Development - Research and development investment rose by 19.88% to ¥54,843,007.63, compared to ¥45,747,701.82 in the previous year, indicating a focus on innovation[68]. - The company has completed 105 provincial and ministerial scientific research projects, with 70 projects receiving national and provincial scientific achievement awards[49]. - The company holds 341 valid patents, including 77 invention patents and 273 utility model patents, along with 144 software copyrights[49]. - The company has achieved a significant upgrade in geological survey technology, incorporating advanced methods such as satellite remote sensing[36]. Environmental and Social Responsibility - The company emphasizes its commitment to environmental protection and has not faced any administrative penalties related to environmental issues[117]. - The company actively undertakes social responsibilities while pursuing economic benefits and aims to be a trusted enterprise by stakeholders[118]. Shareholder and Capital Management - The company will not distribute cash dividends or issue bonus shares, focusing instead on reinvestment[10]. - The company distributed cash dividends of 6,781.28 million yuan to shareholders, with a payout of 2.5 yuan per 10 shares and a capital reserve conversion of 2 shares for every 10 shares held[121]. - The company's major shareholder, Henan Jiaoyuan Investment Holding Co., Ltd., holds 33.28% of the total shares, ensuring stable control for long-term development[46]. - The total share capital of the company increased from 275,296,402 shares to 325,504,864 shares due to profit distribution and capital increase plans[158]. Employee Development - As of June 30, 2022, the total number of employees reached 3,131, including 4 national and provincial-level design masters and 7 experts receiving special government allowances[62]. - The company conducted training for over 4,200 participants during the reporting period, enhancing the learning environment and promoting a culture of continuous education[122].

Business Development and Strategy - The company emphasizes the importance of national infrastructure investment for its business development, which is closely tied to the macroeconomic conditions and government policies[4]. - The company is transitioning its regional marketing centers to comprehensive management centers to enhance service capabilities and support business expansion[8]. - The company is launching a new smart manufacturing business focused on steel structure bridges, facing challenges in market development and project management[9]. - The company aims to mitigate risks by enhancing policy and market research, expanding its business layout, and increasing efforts in provincial and international markets[99]. - The company is expanding into intelligent manufacturing with a new project focused on bridge safety and technology conversion, facing challenges in market development and project management[106]. Financial Performance - The company's operating revenue for the first half of 2022 was ¥956,639,908.16, representing a 22.56% increase compared to ¥780,535,067.13 in the same period last year[24]. - The net profit attributable to shareholders was ¥110,493,380.39, a slight increase of 1.27% from ¥109,111,749.14 year-on-year[24]. - The net profit after deducting non-recurring gains and losses was ¥105,390,798.98, which is a 5.52% increase from ¥99,875,956.16 in the previous year[24]. - The company's total assets at the end of the reporting period were ¥5,992,772,467.16, up 3.41% from ¥5,795,118,438.76 at the end of the previous year[24]. - The basic earnings per share decreased by 29.17% to ¥0.34 from ¥0.48 in the same period last year[24]. - The diluted earnings per share also fell by 31.25% to ¥0.33 from ¥0.48 year-on-year[24]. - The weighted average return on equity was 3.94%, down from 4.43% in the previous year[24]. - The net cash flow from operating activities was negative at -¥100,676,155.53, an improvement of 2.64% compared to -¥103,403,261.88 in the same period last year[24]. Quality Control and Risk Management - The company has established a comprehensive quality control system and has received an AAA certification for its quality management system[6]. - The company is actively managing accounts receivable risks, with mechanisms in place to track client financial conditions and ensure timely collections[7]. - The company has established a risk management and internal control system, including 8 risk management policies and 153 other management systems[57]. - The company has mechanisms in place to track customer financial conditions to mitigate the risk of bad debts, despite the low likelihood due to its government client base[103]. Research and Development - Research and development investment rose by 19.88% to ¥54,843,007.63, compared to ¥45,747,701.82 in the previous year, indicating a focus on innovation[66]. - The company has completed 105 provincial and ministerial scientific research projects, with 70 projects receiving national and provincial scientific achievement awards[47]. - The company holds 341 valid patents, including 77 invention patents and 273 utility model patents, along with 144 software copyrights[47]. - The company has established research centers focusing on transportation safety and green development, contributing to the integration of transportation and economic development in Henan Province[37]. Environmental Responsibility and Social Commitment - The company emphasizes environmental responsibility and has not faced any administrative penalties related to environmental issues[115]. - The company is committed to social responsibility, focusing on quality service and sustainable development[116]. Employee and Talent Management - As of June 30, 2022, the company employed a total of 3,131 staff, including 4 national and provincial-level design masters and 1,118 registered engineers, indicating strong talent competitiveness[60][61]. - The company conducted training for over 4,200 participants during the reporting period, enhancing the learning environment and promoting a culture of continuous education[120]. Shareholder and Capital Management - The company plans to retain earnings and will not distribute cash dividends or issue bonus shares[9]. - The company's major shareholder holds 33.28% of the total shares, ensuring stable control and favorable long-term development[44]. - The company has implemented a strategy to manage share capital effectively through repurchases and performance-based cancellations, enhancing shareholder value[156]. - A cash dividend of 2.5 yuan per 10 shares was distributed to shareholders, along with a capital reserve conversion of 2 shares for every 10 shares held[145]. International Expansion - The company has established subsidiaries in Cambodia, Bangladesh, Nepal, and East Africa, reflecting its commitment to international economic and technical cooperation[54].

Financial Performance - The company's operating revenue for Q1 2022 was ¥358,875,482.51, representing an increase of 18.84% compared to ¥301,980,496.99 in the same period last year[4] - The net profit attributable to shareholders for Q1 2022 was ¥45,710,906.37, a 5.28% increase from ¥43,417,441.41 in the previous year[4] - The company's basic earnings per share decreased by 10.53% to ¥0.17 from ¥0.19 in the same period last year[4] - The weighted average return on equity was 1.65%, down from 1.79% in the previous year[4] - Total operating revenue for the first quarter reached CNY 358,875,482.51, an increase of 18.8% compared to CNY 301,980,496.99 in the previous period[24] - Net profit for the period was CNY 45,921,211.70, representing a 5.7% increase from CNY 43,449,881.51 in the same period last year[26] - Earnings per share (EPS) decreased to CNY 0.17 from CNY 0.19 in the previous period[27] Cash Flow and Investments - The net cash flow from operating activities improved by 46.00%, reaching -¥83,606,180.00 compared to -¥154,834,326.62 in the same period last year[13] - The net cash flow from investment activities was -186,529,437.37 CNY, compared to -71,094,776.12 CNY in the previous year, indicating a decline of approximately 162.5%[30] - The total cash inflow from financing activities was 130,015,252.07 CNY, while cash outflow was 68,049,931.55 CNY, resulting in a net cash flow of 61,965,320.52 CNY, a significant improvement from -69,486,825.25 CNY in the previous year[30] - The cash outflow for the acquisition of fixed assets and other long-term assets was 75,368,259.55 CNY, which is significantly higher than 23,771,106.29 CNY in the previous year, marking an increase of approximately 216.5%[30] - The net increase in cash and cash equivalents for the period was -208,445,000.03 CNY, compared to -295,308,065.46 CNY in the previous year, showing an improvement[30] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥5,857,713,732.60, reflecting a 1.08% increase from ¥5,795,118,438.76 at the end of the previous year[4] - The total current assets are reported at ¥4,461,201,926.45, slightly up from ¥4,410,103,715.35 at the beginning of the year, indicating a growth of about 1.16%[21] - The total liabilities amount to ¥2,975,544,824.48, which is an increase from ¥2,958,870,742.34 at the beginning of the year[22] - The total assets at the end of the reporting period are ¥5,857,713,732.60, compared to ¥5,795,118,438.76 at the beginning of the year, reflecting a growth of approximately 1.08%[21] - The total accounts receivable stand at ¥1,691,013,246.37, slightly up from ¥1,682,279,710.40 at the beginning of the year[21] - The company reported a total of ¥55,622,575.16 in accounts payable, down from ¥56,043,694.03 at the beginning of the year[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,834[15] - The largest shareholder, Henan Jiaoyuan Investment Holding Co., Ltd., holds 32.94% of shares, totaling 90,280,164 shares[15] Other Financial Metrics - The company reported a significant increase of 85.80% in trading financial assets, totaling ¥158,360,765.02 due to the purchase of bank wealth management products[9] - The company’s financial expenses rose by 81.23% to ¥10,154,102.90, primarily due to increased convertible bond interest[10] - The company recorded a 548.29% increase in minority shareholders' profit to ¥210,305.33, attributed to increased profitability of subsidiaries[11] - The company’s prepayments increased by 166.11% to ¥46,274,210.31, mainly due to an increase in advance payments for projects[9] - Research and development expenses increased to CNY 24,904,884.86, up from CNY 21,819,008.59, indicating a focus on innovation[24] - The company reported a total equity attributable to shareholders of CNY 2,797,560,821.49, compared to CNY 2,751,849,915.12 in the previous period[26] - The company recorded a financial asset impairment loss of CNY 939,981.04, a significant improvement from a loss of CNY 4,705,845.39 in the previous period[26] - Other income increased to CNY 2,109,149.09 from CNY 1,499,657.60, contributing positively to the overall financial performance[24] Audit Information - The company did not undergo an audit for the first quarter report[31]

Financial Performance - The company's operating revenue for 2021 was ¥2,052,020,032.21, representing an increase of 8.81% compared to ¥1,885,853,029.36 in 2020[25]. - The net profit attributable to shareholders for 2021 was ¥321,237,434.12, a growth of 4.84% from ¥306,406,877.34 in the previous year[25]. - The net cash flow from operating activities decreased significantly by 76.18%, amounting to ¥65,108,842.64 in 2021 compared to ¥273,392,170.66 in 2020[25]. - The total assets of the company at the end of 2021 reached ¥5,795,118,438.76, reflecting a 13.55% increase from ¥5,103,625,146.24 at the end of 2020[25]. - The net assets attributable to shareholders increased by 14.34% to ¥2,751,849,915.12 at the end of 2021, up from ¥2,406,698,150.09 in 2020[25]. - The basic earnings per share for 2021 was ¥1.17, which is a 5.41% increase from ¥1.11 in 2020[25]. - The diluted earnings per share for 2021 was ¥1.15, showing a 3.60% increase compared to ¥1.11 in the previous year[25]. - The weighted average return on equity for 2021 was 12.70%, a slight decrease from 13.34% in 2020[25]. - The company reported a decrease of 10.66% in net profit after deducting non-recurring gains and losses, totaling ¥264,840,945.42 in 2021 compared to ¥296,446,069.54 in 2020[25]. - The company's total revenue for Q4 reached 789,043,040.41, marking a significant increase compared to previous quarters[28]. - Net profit attributable to shareholders for Q4 was 138,007,770.27, reflecting strong growth from earlier quarters[28]. - The net cash flow from operating activities in Q4 was 168,489,340.24, indicating a positive turnaround from negative cash flow in Q1[28]. - The company reported a total of 93,767,658.97 in net profit after deducting non-recurring gains and losses for Q4, showing a robust performance[28]. Market Expansion and Strategy - The company is expanding its market presence outside of Henan province and internationally, establishing regional service centers and an overseas division to enhance market penetration[7]. - The company is focusing on technological innovation and has plans to establish regional engineering technology research centers to support its business expansion[8]. - The company is actively involved in the development of high-end industry think tanks, providing strategic planning and safety consulting services for the transportation sector[49]. - The company has established subsidiaries in Cambodia, Bangladesh, Nepal, and East Africa, successfully undertaking significant projects such as a 250-kilometer road feasibility project in South Sudan[70]. - The company is focusing on expanding its municipal design business by integrating various design departments into a new Urban Design Division[90]. - The company is planning to expand its market presence, focusing on new product development and technological advancements[129]. - The company is targeting three new provinces for project development in 2022[172]. Competition and Industry Trends - The company faces intense competition in the engineering consulting industry, with large central enterprises and multinational companies as major competitors[4]. - The engineering design consulting industry is experiencing intensified competition, with a shift towards high-quality development and digital transformation[36]. - The company is focusing on digitalization as a key driver for operational efficiency and competitive advantage in the engineering design sector[40]. - The industry is moving towards integrated and collaborative service models, enhancing the company's service capabilities and market position[39]. - The company is positioned to leverage its long-term business and regional layout, as well as technological accumulation, to capitalize on favorable policies and market opportunities[148]. Research and Development - The company is increasing its investment in technology research and development, aiming to drive innovation and improve service offerings[40]. - The company has completed 98 provincial and ministerial-level research projects by the end of 2021, with 61 projects receiving national and provincial scientific achievement awards[63]. - The company holds 341 valid patents, including 72 invention patents and 269 utility model patents, as well as 127 software copyrights[63]. - The company is actively engaged in R&D projects, including the application of computer vision technology in highway engineering, aimed at enhancing asset management efficiency[110]. - The company has committed RMB 15,312.34 million to enhance R&D capabilities, with 100% of the funds allocated as of the report date[136]. - The company plans to invest RMB 12,877.51 million in the establishment of a research and development center, with 72.25% of the funds already utilized[136]. Risk Management - The company has implemented measures to manage accounts receivable risks, including enhancing collection efforts and requiring guarantees from clients[6]. - The company has a risk management strategy in place to address potential impacts from policy changes and market conditions affecting infrastructure investments[3]. - The company emphasizes risk management, establishing a comprehensive internal control and risk management system to mitigate potential risks and enhance operational efficiency[72]. - The company has established a comprehensive internal control system, ensuring effective governance and operational management[198]. Human Resources and Governance - The company has a total of 2,877 employees, including 4 national and provincial-level design masters, and 1,003 registered engineers, showcasing a strong talent pool[77]. - The company launched an education and training academy, offering 355 online courses to enhance employee skills and promote resource sharing[78]. - The total remuneration paid to all directors, supervisors, and senior management in 2021 amounted to CNY 11.2056 million[174]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a diverse governance structure[166]. - The company has established a salary management system that emphasizes incentives, cost control, and fairness to attract high-quality talent and enhance employee motivation[187]. Financial Management and Investments - The company successfully issued ¥376 million in convertible bonds in November 2021, enhancing its capital strength and risk resistance[93]. - The total amount raised from the initial public offering (IPO) was RMB 68,871.99 million, with RMB 65,247.20 million utilized by December 31, 2021, representing 94.2% of the raised funds[131]. - The total amount raised from the convertible bonds was RMB 36,713.12 million, with RMB 20,700.46 million utilized by December 31, 2021, representing 56.4% of the raised funds[132]. - The company has reported a total investment of 60,000,000 with a revenue of 163,453.0 from self-funding sources[126]. - The company has consistently utilized self-funding for various investments, indicating a strong reliance on internal capital[126]. Corporate Social Responsibility - The company actively participated in disaster relief efforts during extreme weather events in 2021, showcasing its commitment to social responsibility[93]. - The company has made significant strides in overseas markets, securing projects in East Africa and South Asia, and becoming the only domestic firm to undertake two national-level road network planning projects[82]. Future Outlook - The company has set a performance guidance for the upcoming year, aiming for a revenue growth of approximately 10%[129]. - The company is optimistic about the future of the engineering design industry, with expectations of emerging leading enterprises in specialized products and digital transformation[146]. - The company has established partnerships with two major universities to foster innovation and talent development in engineering[172].

Financial Performance - The company's operating revenue for 2021 was ¥2,052,020,032.21, representing an increase of 8.81% compared to ¥1,885,853,029.36 in 2020[26]. - The net profit attributable to shareholders for 2021 was ¥321,237,434.12, a growth of 4.84% from ¥306,406,877.34 in the previous year[26]. - The net profit after deducting non-recurring gains and losses decreased by 10.66% to ¥264,840,945.42 in 2021 from ¥296,446,069.54 in 2020[26]. - The net cash flow from operating activities significantly dropped by 76.18% to ¥65,108,842.64 in 2021, down from ¥273,392,170.66 in 2020[26]. - The total assets at the end of 2021 reached ¥5,795,118,438.76, marking a 13.55% increase from ¥5,103,625,146.24 at the end of 2020[26]. - The net assets attributable to shareholders increased by 14.34% to ¥2,751,849,915.12 at the end of 2021, compared to ¥2,406,698,150.09 at the end of 2020[26]. - The basic earnings per share for 2021 was ¥1.17, reflecting a 5.41% increase from ¥1.11 in 2020[26]. - The diluted earnings per share for 2021 was ¥1.15, which is a 3.60% increase from ¥1.11 in the previous year[26]. - The weighted average return on equity for 2021 was 12.70%, a slight decrease of 0.64% from 13.34% in 2020[26]. - The company reported a total of 9.27 million yuan in government subsidies for the year, reflecting a steady increase from previous years[32]. Market Expansion and Strategy - The company is expanding its market presence outside of Henan province and internationally, establishing regional service centers and an overseas division to enhance market penetration[7]. - The company is focusing on digitalization and smart transformation as key drivers for high-quality development, enhancing operational efficiency through technology[41]. - The company is positioned to benefit from new regulations promoting green buildings, prefabricated construction, and BIM technology, enhancing its innovation capabilities and market competitiveness[44]. - The company aims to expand its business scope and service capabilities through new regulations related to general contracting and comprehensive engineering consulting[44]. - The company has established subsidiaries in Cambodia, Bangladesh, Nepal, and East Africa, with significant projects in South Sudan and Bangladesh, marking its strong presence in international markets[72]. - The company has maintained rapid growth in revenue scale, personnel, market expansion, and business layout in recent years[42]. - The company has completed over 18,000 kilometers of highway surveying and design, including 8,200 kilometers of expressways, and has designed over 1,000 kilometers of expressway reconstruction projects[48]. - The company has established a comprehensive database for 7 major categories related to the operation of 7,191 kilometers of expressways in Henan Province, supporting government decision-making and industry management[52]. Innovation and Technology - The company is focusing on technological innovation and enhancing its core competitiveness through increased investment in human resources and technology[4]. - The company has developed a digital management platform, the Henan Province Digital Expressway Smart Maintenance Platform (DHP), which is now operational in all 58 expressway management units in Henan Province[52]. - The company is actively engaged in R&D projects, including the application of computer vision technology in highway engineering, which aims to enhance design optimization and asset management efficiency[112]. - The company has developed multiple digital management platforms, including the "Henan Province Digital Highway Smart Maintenance Platform" and "BIM+GIS Digital Collaborative Management Platform" to enhance technological capabilities[71]. - The company is committed to increasing its investment in technology research and development, aiming to drive innovation and improve service offerings[41]. Quality Control and Risk Management - The company has established a comprehensive quality control system and aims to continuously improve its quality management practices to mitigate quality-related risks[4]. - The company emphasizes quality control by adhering to ISO9001 standards and has implemented a comprehensive quality management system to ensure project delivery[59]. - The company has implemented measures to manage accounts receivable risks, including enhancing collection efforts and requiring guarantees from clients[6]. - The company emphasizes risk management with a comprehensive internal control and risk management system, ensuring effective risk prevention and control measures[74]. Corporate Governance - The company has established a governance structure that complies with the requirements of the China Securities Regulatory Commission and relevant laws, ensuring effective internal management and control[154]. - The board of directors consists of 9 members, including 3 independent directors, meeting the legal and regulatory requirements[155]. - The supervisory board is composed of 3 members, including 1 employee supervisor, fulfilling the legal requirements for governance[157]. - The company has implemented a performance evaluation and incentive mechanism for senior management, combining basic salary with annual performance assessments[157]. - The company maintains financial independence, with a complete and standardized financial accounting system, and operates independent bank accounts[161]. Employee Development and Corporate Culture - The company launched an education and training academy, offering 355 online courses to enhance employee skills and promote resource sharing[80]. - The company has established a salary management system to attract high-quality talent and enhance employee motivation[189]. - The company emphasizes a strong corporate culture, integrating its values into employee training and daily operations to foster a cohesive work environment[81]. - The total number of employees at the end of the reporting period was 2,877, with 1,512 in the parent company and 1,365 in major subsidiaries[187]. Future Outlook - The company anticipates significant growth opportunities in the engineering design industry during the "14th Five-Year Plan" period, driven by new infrastructure demands and government policies[148]. - The company expects to benefit from the rapid development of municipal and construction projects in Henan Province, particularly in urbanization and green technology initiatives[149]. - The company sees potential in the existing highway market in Henan, focusing on maintenance, testing, and smart upgrades as part of the "13445 Project" initiative[150]. - The company's water transport business is projected to grow rapidly following the introduction of the "Revitalization of Water Transport" strategy in Henan Province[150].

Financial Performance - The company's operating revenue for Q3 2021 was ¥482,441,924.67, representing a 1.60% increase year-over-year, while the year-to-date revenue reached ¥1,262,976,991.80, up 22.35% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥74,117,914.71, a decrease of 4.90% year-over-year, with a year-to-date net profit of ¥183,229,663.85, reflecting a growth of 16.80%[3] - The basic earnings per share for Q3 2021 was ¥0.27, down 20.81% compared to the same period last year, while the diluted earnings per share also stood at ¥0.27[3] - The net profit for the third quarter of 2021 was CNY 185,146,951.40, an increase from CNY 159,292,918.14 in the same period of 2020, representing a growth of approximately 16.3%[19] - Operating profit for the third quarter was CNY 215,098,756.23, compared to CNY 190,652,956.70 in the previous year, indicating an increase of about 12.8%[19] - The total comprehensive income attributable to the parent company was CNY 183,229,663.85, compared to CNY 156,878,982.00 in the previous year, marking an increase of approximately 16.8%[19] Assets and Liabilities - The company's total assets at the end of Q3 2021 were ¥5,279,127,121.48, an increase of 3.44% from the end of the previous year[3] - The total assets of the company as of September 30, 2021, were CNY 5,279,127,121.48, compared to CNY 5,103,625,146.24 at the end of 2020, reflecting a growth of 3.5%[17] - The total liabilities increased to CNY 2,660,958,014.36 from CNY 2,613,501,462.02, marking a rise of 1.8%[16] Cash Flow - The cash flow from operating activities showed a net outflow of ¥103,380,497.60, marking a significant decline of 121.75% compared to the same period last year[8] - The cash flow from operating activities showed a net outflow of CNY -103,380,497.60, worsening from CNY -46,620,364.29 in the same quarter of the previous year[22] - Cash flow from investment activities resulted in a net outflow of CNY -259,080,989.74, compared to CNY -22,018,767.87 in the prior year, indicating a significant increase in investment expenditures[22] - The company reported a net cash outflow from financing activities of CNY -115,397,109.50, contrasting with a net inflow of CNY 205,108,391.33 in the same quarter of 2020[23] Investments and Expenditures - The company's investment cash flow showed a net outflow of ¥259,080,989.74, a drastic increase of 1076.64% compared to the previous year, attributed to higher long-term asset expenditures[8] - Research and development expenses increased to CNY 68,389,490.87, up 24.5% from CNY 54,920,378.44 in the previous period[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,694[9] - The company received approval from the China Securities Regulatory Commission for issuing convertible bonds to unspecified investors on October 20, 2021[12] Inventory and Receivables - The company reported a significant increase in inventory, which rose to CNY 531,320,855.17 from CNY 504,931,611.84, reflecting a growth of 5.1%[15] - Accounts receivable increased to CNY 1,512,553,809.29, up 20.6% from CNY 1,254,850,324.12[14] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 523,122,492.35 from CNY 1,093,179,268.67, representing a decline of 52.2%[14] - The cash and cash equivalents at the end of the period stood at CNY 457,595,643.52, down from CNY 598,760,305.23 at the end of the previous year[23] Other Financial Metrics - The weighted average return on equity was 2.97% for Q3 2021, a slight decrease of 0.48% year-over-year[3] - The company's monetary funds decreased by 52.15% to ¥523,122,492.35 due to increased operational expenditures and investments in financial products[6] - The company reported a significant increase of 204.78% in trading financial assets, reaching ¥228,373,775.95, primarily due to the increase in wealth management products[6] - Total operating costs amounted to CNY 1,011,155,925.94, up 25.2% from CNY 807,105,465.77 in the prior period[18] - The company did not require adjustments to the balance sheet for the new leasing standards as all leases are short-term operating leases[24]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥780,535,067.13, representing a 40.03% increase compared to ¥557,394,985.14 in the same period last year[33]. - The net profit attributable to shareholders was ¥109,111,749.14, up 38.22% from ¥78,942,919.06 year-on-year[33]. - The net profit after deducting non-recurring gains and losses was ¥99,875,956.16, reflecting a 47.59% increase compared to ¥67,673,438.67 in the previous year[33]. - The basic earnings per share increased by 41.18% to ¥0.48 from ¥0.34 in the same period last year[33]. - The total assets at the end of the reporting period were ¥5,070,459,102.09, a slight decrease of 0.65% from ¥5,103,625,146.24 at the end of the previous year[33]. - The net assets attributable to shareholders increased by 2.16% to ¥2,458,708,370.73 from ¥2,406,698,150.09 at the end of the previous year[33]. - The net cash flow from operating activities was negative at -¥103,403,261.88, worsening by 14.10% compared to -¥90,621,774.22 in the same period last year[33]. - The company's cash and cash equivalents decreased by 329.28% to -¥489,827,047.45, primarily due to increased cash outflows from investment activities[66]. - The gross profit margin for engineering design and consulting services was 40.34%, slightly down from 41.33% in the previous year[67]. - Investment income amounted to 4,198,286.16, representing 3.20% of total profit, primarily due to increased dividends from invested units and financial product income[69]. Market Strategy and Expansion - The company is focusing on consolidating its market in Henan Province while expanding into provincial and overseas markets, despite facing potential challenges[10]. - The company continues to focus on expanding its market presence and enhancing its technological capabilities through ongoing research and development initiatives[24]. - The company has established a presence in 20 provinces and 2 municipalities across China, covering 6 major regions and 17 cities in Henan province[47]. - The company is actively building regional service centers, including investments in the Guangdong-Hong Kong-Macao region and resource integration in Luoyang[47]. - The company is strategically focused on expanding its market presence both domestically and internationally, despite challenges such as regional protectionism and differing legal frameworks abroad[105]. Risk Management - The company plans to strengthen its policy and market research to mitigate risks associated with national infrastructure investment fluctuations[5]. - The company has established a comprehensive quality control system and is continuously improving it to mitigate quality responsibility risks[8]. - The company has mechanisms in place to track customer financial conditions to minimize bad debt losses from accounts receivable[9]. - The risk of bad debts from accounts receivable is low due to a client base primarily consisting of government departments; however, the company has mechanisms in place to monitor client financial health[104]. - The company faces significant policy risks due to its reliance on national infrastructure investment, particularly in transportation and urban construction, which could adversely affect its business if government funding decreases[100]. Technological Innovation and Development - The company aims to enhance service quality and efficiency, increase human and financial investment in technological innovation, and expand regional service centers to address market competition risks[6]. - The company is focusing on digital management system construction to enhance operational efficiency, including upgrades to collaborative design platforms and digital archives[49]. - The company is leveraging digital transformation to improve quality and efficiency, aligning with the trends of smart city and smart transportation development[46]. - Research and development investment rose by 45.32% to ¥45,747,701.82, compared to ¥31,481,242.15 in the previous year, indicating a focus on innovation[64]. Corporate Governance and Shareholder Relations - The company does not plan to distribute cash dividends or issue bonus shares for the reporting period[15]. - The company established a stable profit distribution policy, prioritizing cash dividends to enhance investor relations[121]. - The company completed the first phase of its restricted stock incentive plan in September 2020, aimed at motivating employees[113]. - The company reported a cash dividend of 2.5 yuan per 10 shares (including tax) and a capital reserve conversion of 2 shares for every 10 shares, totaling approximately 57.1 million yuan in dividends for shareholders[121]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[133]. Project Management and Investment - The company has invested a total of 12,877.51 million CNY in the "Enhancing R&D Capability Project," with an actual investment of 7,227.38 million CNY, achieving a progress rate of 60.57% as of August 31, 2021[91]. - The project to enhance production capacity has a total investment commitment of 167.63 million CNY, with 100% progress achieved by December 31, 2020[85]. - The project to improve management capabilities has a total investment commitment of 49.02 million CNY, with 71.65% progress achieved by the end of the reporting period[85]. - The company has achieved a cost saving of 1,176.46 million RMB through effective cost control measures during the implementation of the fundraising projects[88]. - The company has not engaged in significant equity investments or major non-equity investments during the reporting period[77]. Human Resources and Employee Development - As of June 30, 2021, the company employed 2,714 people, with 2,340 holding bachelor's degrees or higher and 1,004 holding master's or doctoral degrees, indicating a strong talent pool[124]. - The company has a strong talent pool, with 4 national and provincial-level design masters, 2 experts receiving special government allowances, and 1,004 employees holding advanced degrees[59]. - The company has organized various technical seminars and training sessions to support employee development and growth[121]. Legal and Compliance Issues - The company is involved in a significant litigation case with a disputed amount of approximately 39,056.97 million yuan[138]. - The court has ordered the freezing of the defendant's bank accounts for a period of one year, starting from January 6, 2021[138]. - The company has not faced any administrative penalties related to environmental issues and adheres to strict environmental protection laws and regulations[116]. - The company reported no penalties or rectifications during the reporting period[140].

证券代码：300732 证券简称：设研院 公告编号：2021-050 河南省交通规划设计研究院股份有限公司 关于参加河南辖区上市公司 2021 年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，河南省交通规划设计研究院股份有限公 司定于 2021 年 6 月 8 日（周二）16:00-17:20 参加在全景网举办的"真诚沟通 传 递价值"河南辖区上市公司 2021 年投资者网上集体接待日活动，本次活动将采 用网络远程的方式举行，投资者可登录"全景•路演天下"（ http://rs.p5w.net） 参与本次互动交流。 出席本次网上集体接待日活动的人员有：公司总经理汤意、董事会秘书王国 锋、财务总监林明（如有特殊情况，参会人员将可能进行调整），欢迎广大投资 者积极参与。 特此公告 河南省交通规划设计研究院股份有限公司董事会 2021 年 6 月 3 日 ...