OIMT(SZ:002175)2021-08-30 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥109,441,746.49, representing a 15.30% increase compared to ¥94,915,139.01 in the same period last year[21]. - The net profit attributable to shareholders was -¥94,554,467.20, a decrease of 222.17% from -¥29,349,189.38 in the previous year[21]. - The net cash flow from operating activities was -¥10,107,064.22, a decline of 208.54% compared to ¥9,312,188.82 in the same period last year[21]. - The basic earnings per share were -¥0.1254, down 222.37% from -¥0.0389 in the previous year[21]. - The company's revenue for the current period reached ¥109,441,746.49, representing a year-over-year increase of 15.30% compared to ¥94,915,139.01 in the same period last year[37]. - Operating costs increased to ¥73,429,860.70, up 9.53% from ¥67,043,147.89 in the previous year[37]. - The net profit for the first half of 2021 was a loss of CNY 113,461,480.09, compared to a loss of CNY 39,313,497.34 in the first half of 2020, indicating a significant increase in losses[144]. - The total operating expenses for the first half of 2021 were CNY 136,752,729.20, up from CNY 103,268,852.05 in the same period of 2020, reflecting a rise in operational costs[146]. Assets and Liabilities - Total assets at the end of the reporting period were ¥608,080,929.12, a decrease of 1.12% from ¥614,955,108.03 at the end of the previous year[21]. - The company's cash and cash equivalents decreased to ¥51,703,556.02, down 3.18% from ¥71,846,539.49 at the end of the previous year[46]. - Short-term borrowings rose to ¥226,862,396.55, representing an increase of 2.70% from ¥212,862,396.55[46]. - The company's total assets decreased from ¥614,955,108.03 at the end of 2020 to ¥608,080,929.12, a decline of about 1.4%[132]. - The company's total equity attributable to shareholders decreased from -¥904,426,428.31 at the end of 2020 to -¥998,980,895.51, indicating a decline of approximately 10.4%[132]. - The total liabilities increased from ¥1,519,381,536.34 at the end of 2020 to ¥1,607,061,824.63, an increase of approximately 5.8%[132]. Research and Development - Research and development expenses surged by 234.99% to ¥6,131,432.31, primarily due to increased labor and material costs[38]. - The company is investing in R&D to expand its product line into non-contact measurement and remote monitoring products[34]. - The company has developed several core technologies, including a patented waterproof chip, which has been mass-produced and exported to developed countries[34]. Corporate Governance and Management - The company has committed to enhancing corporate governance to protect shareholder rights, ensuring timely and accurate information disclosure[65]. - There were changes in senior management, including the appointment of a new CFO on March 26, 2021[60]. - The company emphasizes employee rights protection, implementing a talent strategy and providing social insurance to employees[65]. Legal and Compliance Issues - The company has not faced any penalties or rectification issues during the reporting period[79]. - The company has disclosed ongoing litigation and arbitration cases in multiple announcements, ensuring transparency[78]. - The company won a lawsuit against DreamWorks (Beijing) Limited, with a disputed amount of 1.087 million yuan[76]. - The company lost a lawsuit against Rongju Tianxia Investment Management (Shenzhen) Limited, with a disputed amount of 105.3243 million yuan, resulting in asset freezing[76]. - The company lost an arbitration case against Guotou Taikang Trust Limited, with a disputed amount of 5.119 million yuan, leading to further legal actions[76]. Future Outlook and Strategy - The company emphasizes the importance of risk factors in its future plans and strategies, urging investors to be cautious[6]. - To mitigate risks, the company plans to deepen its domestic market efforts and expand the sales proportion of mid-to-high-end products[54]. - The company aims to enhance its smart park and IoT park construction to improve service levels and operational efficiency amid ongoing pandemic challenges[55]. - Management plans to enhance new product development and expand urban and industrial park management services to foster new growth[179]. - The company aims to improve its financial performance in the upcoming quarters by optimizing operational efficiency and exploring new revenue streams[167]. Shareholder Information - The largest shareholder, Peng Peng, holds 57,853,383 shares, representing 7.68% of the total shares[111]. - The second largest shareholder, Nantong Dongbai Cultural Development Partnership, holds 40,592,469 shares, representing 5.39% of the total shares[111]. - The total number of ordinary shareholders at the end of the reporting period is 45,446[111]. - The company has not implemented any share buyback or reduction during the reporting period[108]. Financial Reporting and Audit - The semi-annual financial report has not been audited[71]. - The financial statements are prepared based on the assumption of going concern, reflecting the company's ongoing operations[177]. - The company's accounting policies comply with the relevant accounting standards and accurately represent its financial position as of June 30, 2021[180].