DZH(SH:601519)2022-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2022 was ¥418,844,801.05, representing a 23.53% increase compared to ¥339,062,535.32 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -¥70,690,650.03, a significant decline from -¥4,916,295.96 in the previous year[20]. - The net cash flow from operating activities was -¥121,981,301.82, compared to -¥19,006,210.13 in the same period last year[20]. - The total assets at the end of the reporting period were ¥2,270,391,703.73, a decrease of 2.48% from ¥2,328,170,821.12 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company increased by 3.16% to ¥1,626,211,115.87 from ¥1,576,406,457.96 at the end of the previous year[20]. - Basic earnings per share for the reporting period were -¥0.035, compared to -¥0.002 in the same period last year[20]. - The weighted average return on net assets was -4.43%, a decrease of 4.10 percentage points from -0.33% in the previous year[20]. - The company reported a total of 119,617,357.49 RMB in investment properties, slightly down from 124,852,096.15 RMB, reflecting a decrease of about 4.0%[125]. - The company reported a net loss of ¥2,209,689,649.68, slightly widening from a loss of ¥2,199,528,096.41 in the previous year[139]. Research and Development - Research and development expenses and personnel costs increased during the reporting period to support future business development needs[21]. - The company's R&D expenses accounted for 23.63% of its operating revenue, reflecting a strong commitment to technological innovation in financial information services[41]. - Research and development expenses amounted to ¥98,961,168.30, which is a 31.5% increase from ¥75,297,653.03 in the first half of 2021[139]. - The company's research and development expenses increased to CNY 4,107,712.05, up from CNY 3,294,651.42 in the first half of 2021, reflecting a focus on innovation[145]. Business Segments and Operations - The company operates in four main business segments: securities information services, big data and data engineering services, overseas business, and insurance brokerage[27]. - The securities information service platform includes products such as "Dazhihui 365" and "Dazhihui Professional Edition," providing timely and professional financial data and analysis tools[28]. - The big data and data engineering services offer standardized and customized data products, including a risk database and a securities risk warning system[29]. - The overseas business has expanded to East Asia and Southeast Asia, with significant operations in Hong Kong, Singapore, and Japan, providing comprehensive financial information services[33]. - The insurance brokerage business leverages technology to provide SaaS solutions and customized services, enhancing service capabilities and resource integration[34]. Market and Industry Trends - The company benefits from supportive national policies and a rapidly evolving capital market, creating opportunities for growth in the financial information service industry[35]. - As of December 2021, China's internet penetration rate reached 73%, with a total of 1.032 billion internet users, and 99.7% of them accessed the internet via mobile devices[36]. - By June 2022, the total number of investors in China reached 206.24 million, indicating a stable growth in the user base for the financial information services industry[36]. Challenges and Risks - The company faced significant challenges in product development and market expansion due to the impact of the COVID-19 pandemic, leading to a decrease in business income[21]. - The company faces risks from rising human resource costs due to increasing average wages in urban areas[76]. - The company is enhancing its compliance and data security measures to improve privacy services and safeguard user information[47]. Shareholder and Equity Information - The total number of shareholders reached 144,121 by the end of the reporting period[110]. - The largest shareholder, Zhang Changhong, held 704,792,657 shares, representing 34.62% of the total shares[110]. - The second-largest shareholder, Xiangcai Co., Ltd., decreased its holdings by 98,800,000 shares, holding 199,355,000 shares or 9.79% at the end of the period[110]. - The total number of unrestricted circulating shares is 2,003,865,600, accounting for 98.42% of the total shares[104]. - The company’s stock structure includes 40,524,000 restricted shares before the reporting period, which decreased to 32,114,600 after the changes[109]. Cash Flow and Financial Position - Cash inflow from operating activities for the first half of 2022 was CNY 449,149,206.56, an increase of 14.6% compared to CNY 391,870,171.86 in the first half of 2021[148]. - Cash outflow from operating activities totaled CNY 571,130,508.38, up 39% from CNY 410,876,381.99 in the same period last year[148]. - The ending balance of cash and cash equivalents was CNY 1,400,714,737.82, compared to CNY 1,200,784,084.13 at the end of the first half of 2021[151]. - The company experienced a net decrease in cash and cash equivalents of CNY -215,538,277.47 during the first half of 2022, contrasting with an increase of CNY 93,987,833.71 in the same period last year[151]. Corporate Governance and Compliance - The company maintained strong communication with investors, holding an annual performance briefing and responding to investor inquiries[53]. - The company experienced a board and supervisory committee reshuffle, with several directors and supervisors resigning and new members elected, including Jiang Jun as a non-independent director and Fang Guobin as an independent director[80]. - The company has not faced any significant litigation or arbitration matters during the reporting period[92]. - The company has not reported any changes in the controlling shareholder or actual controller during the reporting period[118]. Environmental and Social Responsibility - The company has implemented measures to promote paperless operations and recycling of office supplies, contributing to environmental protection[86]. - The company has not been penalized for environmental violations during the reporting period[86]. - The company has actively encouraged employees to practice waste sorting and recycling in compliance with local regulations[86].