CRUN(SZ:002272)2021-08-19 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 819,424,977.75, representing a 63.05% increase compared to CNY 502,566,875.64 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 41,593,281.21, a significant increase of 94.44% from CNY 21,391,703.32 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was CNY 34,154,529.16, up 87.39% from CNY 18,225,997.05 in the previous year[22]. - The basic earnings per share increased to CNY 0.0974, reflecting a growth of 92.87% compared to CNY 0.0505 in the same period last year[22]. - The gross profit margin was 25.89%, up 1.33% year-on-year[33]. - Net profit reached 47.7268 million yuan, representing a year-on-year growth of 104.29%[33]. - The company achieved total revenue of 819.425 million yuan, a year-on-year increase of 63.05%[33]. - The company's total revenue for the first half of 2021 was approximately 2,901.06 million RMB, showing a decrease compared to the previous period[178]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 3,165,362,822.82, an increase of 12.07% from CNY 2,824,498,916.69 at the end of the previous year[22]. - The total liabilities increased to RMB 1,694,554,304.99 from RMB 1,410,667,374.88, reflecting a rise of about 20.0%[144]. - The company's equity attributable to shareholders rose to RMB 1,440,630,892.84, compared to RMB 1,389,038,616.48 at the end of 2020, marking an increase of approximately 3.7%[145]. - The company's total equity at the end of the reporting period was approximately 9,611.29 million RMB, reflecting a reduction of 7,551.22 million RMB[178]. Cash Flow - The company reported a negative net cash flow from operating activities of CNY -186,968,118.91, worsening by 102.97% compared to CNY -92,116,861.78 in the same period last year[22]. - The total operating cash inflow for the first half of 2021 was ¥432,738,066.85, up from ¥343,988,848.60 in the first half of 2020, marking an increase of 25.87%[159]. - The financing activities generated a net cash flow of ¥238,444,263.51 in the first half of 2021, compared to ¥24,771,299.01 in the same period of 2020, indicating a substantial increase in financing[160]. - The company reported cash and cash equivalents at the end of the first half of 2021 amounting to ¥190,131,441.36, an increase from ¥125,949,947.33 at the end of the first half of 2020[161]. Research and Development - Research and development expenses increased by 96.33% to ¥29,823,627.15 from ¥15,190,433.11, reflecting the company's commitment to innovation[47]. - The company is focusing on enhancing its research and development capabilities to innovate new technologies[171]. - The company has set a target to increase its R&D investment by 20% in the next fiscal year to support innovation and product development[175]. Market Strategy and Expansion - The company is focusing on high-end equipment manufacturing and industrial services, particularly in fluid control technology and energy-saving environmental protection[30]. - The company is actively expanding its industrial service business, leveraging digital and intelligent transformation opportunities[32]. - The company plans to continue expanding its market presence and invest in new product development to drive future growth[171]. - The company is exploring potential mergers and acquisitions to strengthen its market position[171]. Risks and Challenges - The company faced market risks, accounts receivable bad debt risks, and foreign exchange rate fluctuation risks, which investors should be aware of[6]. - Chuanrun's accounts receivable increased significantly due to sales growth, raising concerns about potential bad debt risks, prompting enhanced credit management strategies[69]. - The company is actively monitoring foreign exchange rate fluctuations to manage risks associated with foreign currency assets and liabilities[69]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 34,248[127]. - The largest shareholder, Luo Lihua, holds 17.73% of the shares, totaling 77,399,150 ordinary shares[128]. - The company has a stock incentive plan that allows for the release of 25% of shares annually for executives[124]. - The total number of restricted shares at the beginning of the period was 102,513,937, with 2,529,000 shares released and 6,471,000 shares added, resulting in 106,455,937 restricted shares at the end of the period[125]. Corporate Governance - The company aims to enhance its corporate governance structure and attract professional management through the new stock incentive plan[119]. - The financial statements are prepared based on the going concern principle, ensuring the company's ability to continue operations for at least 12 months from the reporting date[188]. - The company adheres to the enterprise accounting standards, ensuring that financial statements accurately reflect its financial position, operating results, and cash flows[190].