Dareway(SH:688579)2022-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2022 decreased by 43.19 million RMB, a decline of 31.08% year-on-year, primarily due to the severe impact of COVID-19 on project execution and delivery progress [19]. - The net profit attributable to shareholders of the listed company decreased by 21.50 million RMB, a decline of 248.78% year-on-year, mainly due to the significant drop in operating revenue [20]. - The basic earnings per share for the first half of 2022 was -0.0321 RMB, compared to 0.0216 RMB in the same period last year, representing a decrease of 248.61% [19]. - The company's operating revenue for the first half of the year was ¥95,784,009.45, a decrease of 31.08% compared to ¥138,980,715.12 in the same period last year [21]. - The net profit attributable to shareholders was a loss of ¥12,859,599.76, representing a decline of 248.78% from a profit of ¥8,643,274.23 in the previous year [21]. - The net cash flow from operating activities was negative at ¥93,826,457.97, compared to a negative cash flow of ¥53,405,178.10 in the same period last year [21]. - The company's total assets decreased by 7.86% to ¥1,585,892,904.63 from ¥1,721,172,342.90 at the end of the previous year [21]. - The net assets attributable to shareholders decreased by 3.95% to ¥1,222,873,439.22 from ¥1,273,136,872.31 at the end of the previous year [21]. Research and Development - Research and development expenses accounted for 63.52% of operating revenue, an increase of 22.08 percentage points compared to the previous year [19]. - The total R&D investment reached approximately ¥60.85 million, an increase of 5.66% compared to the previous year, with R&D expenses accounting for 63.52% of operating revenue [58]. - The company has filed 35 patents related to blockchain technology, with 11 granted and 24 software copyrights approved, showcasing its strong R&D capabilities [46]. - The company has established 8 provincial-level or above innovation platforms, enhancing its technological capabilities [84]. - The company achieved a research and development investment of RMB 60.8461 million, representing a year-on-year increase of 5.66% [84]. Market and Business Development - The company had a total of nearly 200 million RMB in new contracts signed during the reporting period, with a backlog of orders amounting to 480 million RMB, both showing growth compared to the same period last year [19]. - The company is a leading provider of "AI + Blockchain" technology services, focusing on smart governance, smart healthcare, and intelligent electricity sectors [25]. - The company is focused on expanding its market presence in regions such as Sichuan, Jiangxi, and Ningxia for electricity information collection services [34]. - The company is exploring and promoting its blockchain business model, which is still in the early stages of development [36]. - The company has expanded its market presence outside Shandong, with significant developments in Jiangsu, Anhui, Zhejiang, and Gansu provinces, and new clients in Sichuan, Tianjin, and Tibet [90]. Financial Management and Investments - The company has invested a total of ¥1 billion in a venture capital fund, holding a 25% stake, with ¥45 million contributed during the reporting period [104]. - The company has a total investment of CNY 1.8 billion in various projects, enhancing its market presence and operational capabilities [109]. - The company reported a total of 648.5 million yuan in expected daily related transactions for the year 2022 [134]. - The company has committed to effective measures to mitigate the dilution of immediate returns from the public offering, including strict fund management and internal controls [126]. - The company will establish a special account for raised funds and sign a tripartite supervision agreement to ensure dedicated use of the funds [126]. Risks and Compliance - The company emphasizes the risks associated with forward-looking statements regarding future plans and strategies, urging investors to be cautious [6]. - The company faces risks in its blockchain business, which has not met market expectations despite significant investment in technology development since 2015 [94]. - The company confirmed compliance with all regulatory requirements, with no violations reported in the current fiscal year [131]. - The company guarantees that its IPO documents do not contain false records or misleading statements, taking legal responsibility for their accuracy [128]. Shareholder and Equity Management - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital during the reporting period [6]. - The company will initiate stock repurchase measures if the closing price of its shares falls below the net asset value per share for 36 consecutive trading days [122]. - The company will disclose any planned share reductions at least 3 trading days in advance [123]. - The company reported a total of 8,179 ordinary shareholders as of the end of the reporting period [142]. - The largest shareholder, Shandong Shanda Capital Operation Co., Ltd., holds 118,342,400 shares, accounting for 29.58% of the total shares [145].