RocKontrol(SH:688051)2021-09-28 16:00Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥295.06 million, representing a 2.24% increase compared to ¥288.59 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥12.54 million, a significant decrease of 81.91% from ¥69.31 million in the previous year[17]. - The net cash flow from operating activities for the first half of 2021 was approximately -¥100.00 million, showing an improvement from -¥114.39 million in the same period last year[17]. - The company's total assets as of June 30, 2021, were approximately ¥1.98 billion, a decrease of 0.79% from ¥1.99 billion at the end of the previous year[17]. - The net assets attributable to shareholders decreased by 2.40% to approximately ¥1.46 billion from ¥1.49 billion at the end of the previous year[17]. - Basic earnings per share for the first half of 2021 were ¥0.16, down 84.31% from ¥1.02 in the same period last year[18]. - The net profit after deducting non-recurring gains and losses was approximately ¥1.82 million, a decrease of 97.12% from ¥63.14 million in the previous year[17]. - The total profit for the first half of 2021 was CNY 15,036,762.82, a decrease of 81.2% compared to CNY 79,774,251.31 in the same period last year[200]. - The company reported a total comprehensive income of CNY 11,161,883.48, a decrease of 84.0% from CNY 69,617,073.01 in the first half of 2020[198]. Research and Development - The proportion of R&D investment to operating revenue increased to 24.76%, up 12.76 percentage points from 12.00% in the previous year[18]. - The company achieved a total R&D investment of ¥73,041,836.13, representing a 110.87% increase compared to the previous period[49]. - Research and development expenses increased by 78.93% to 39.80 million RMB, reflecting the company's commitment to innovation[96]. - The total number of R&D personnel rose to 604, accounting for 45.31% of the company's total workforce[92]. - The company obtained 2 new invention patents and 37 software copyrights during the reporting period, bringing the total intellectual property to 771 items[47]. - The company has 39 pending invention patent applications, indicating ongoing innovation efforts[47]. Technology Development - The company focuses on IoT technology development and applications, aiming to provide data services across various verticals and establish a comprehensive IoT cloud chain big data platform[24][25]. - The company has developed core technologies in AI algorithms and systems, with 3 core technologies and over 80 optimized models in deep learning and machine learning[27][28]. - The company has applied AI models in various scenarios, including low-carbon environmental protection and pollution control, with 48 cross-hardware platform model deployments[28]. - The company has developed a distributed architecture for AI algorithms based on Pytorch, achieving high-performance model training, ranking 9th in Pascal VOC object detection and 5th in trillionpairs face recognition[29]. - The company has introduced three new core technologies for data asset security management, including a fingerprint-based smart password key, blockchain-based user behavior tracking, and a bottom-layer driven ransomware protection technology[33]. Market Expansion and Product Development - The company is focusing on expanding its AI model applications in environmental protection and smart city projects, including waste detection and carbon data monitoring[58]. - The company has developed new products including smart city decision analysis systems and emergency command scheduling systems, enhancing its product portfolio[58]. - The company is currently developing several projects, including a cloud chain platform with an expected total investment of ¥34,606,000[52]. - The company is focusing on market expansion through the development of new technologies, including a cloud-based data processing system for environmental monitoring[74]. - The company is investing heavily in R&D, with a budget increase of 30% for new technology development[134]. Financial Management - The operating cash flow for the company was -100.00 million RMB, indicating a need for improved cash management strategies[96]. - The company's cash and cash equivalents decreased by 21.01% to ¥276,176,158.74 from ¥349,624,352.63 in the previous year[100]. - Trade financial assets dropped by 46.84% to ¥226,087,465.76, primarily due to a reduction in cash management[100]. - Accounts receivable increased by 39.60% to ¥434,354,287.42, attributed to concentrated collections in the fourth quarter and new receivables not yet due[100]. - The company reported a significant increase in sales expenses by 7.46% to 17.16 million RMB, reflecting higher marketing efforts[96]. Environmental Responsibility - The company actively fulfills its environmental responsibilities, integrating environmental protection into its sustainable development strategy[124]. - The company has established a quality, environmental, and occupational health safety management system to promote sustainable practices[124]. - The company has received awards for technological progress in environmental protection, including a first prize from the China Environmental Protection Federation[116]. - The company has established a "carbon inventory" committee to collect data on greenhouse gas sources and sinks, forming a carbon inventory report to support energy-saving and carbon reduction efforts[126]. - The company provides carbon asset management services and data services to various clients, contributing to national carbon peak and carbon neutrality goals[127]. Shareholder and Governance - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[118]. - The company is not currently implementing any employee stock ownership plans or other incentive measures[121]. - The company has established a commitment to maintain shareholder equity during the initial public offering process[136]. - The company will comply with relevant laws and regulations, including those from the China Securities Regulatory Commission and the Shanghai Stock Exchange[135]. - The company has committed to ensuring that the use of raised funds complies with relevant laws and regulations[150].