琏升科技(300051) - 2021 Q2 - 季度财报

Financial Performance - The company reported a negative net profit for the three fiscal years from 2018 to 2020, excluding non-recurring gains and losses, and plans to enhance resource utilization and optimize product development to increase revenue [4]. - The company's operating revenue for the reporting period was ¥98,390,276.31, a decrease of 17.12% compared to the same period last year [34]. - The net profit attributable to shareholders of the listed company was -¥2,120,034.81, an improvement of 63.63% year-on-year [34]. - The net cash flow from operating activities was ¥4,554,035.02, down 38.51% from the previous year [34]. - Total assets at the end of the reporting period were ¥644,698,098.31, a decrease of 7.89% compared to the end of the previous year [34]. - The net assets attributable to shareholders of the listed company were ¥242,587,186.67, a slight decrease of 0.90% from the previous year [34]. - The basic earnings per share for the reporting period was -¥0.01, showing a 50.00% improvement compared to -¥0.02 in the previous year [34]. - The weighted average return on net assets was -0.87%, an increase of 1.01% from -1.88% in the previous year [34]. - The company reported a non-operating income of 3,273,608.05, which includes government subsidies of 3,249,440.48 and other non-recurring gains [39]. - The gross margin for the overall business was 49.66%, with a slight decrease of 2.62% compared to the previous year [55]. Business Strategy and Development - The company has launched a series of cloud office products, including 35 Cloud Attendance and 35 Cloud Portal, to differentiate its offerings and enhance customer trust [5]. - The company is actively developing new game products and updating existing ones to maintain the attractiveness and sustainability of its gaming business [13]. - The company’s subsidiary, Dao Xi Technology, is focusing on diversifying its game offerings across various genres, including SLG and RPG, to ensure sustainable business development [13]. - The company is committed to continuous innovation in cloud computing technology, aiming to provide a comprehensive cloud office solution that integrates email, document management, and real-time communication [44]. - The company focuses on providing SaaS solutions for small and medium enterprises, enhancing cloud office applications and services, including products like "35会经营" and "35云门户" to improve operational efficiency [42]. - The company has launched a self-service website building product "闪电建站," allowing users to create websites in 10 minutes without technical skills, enhancing market competitiveness [42]. - The company is actively developing mobile games through its subsidiary, with two main games in operation and two in testing, aiming to expand its product line and enhance market competitiveness [47]. - The company has established formal partnerships with major telecom operators, enhancing its market competitiveness and overall profitability through resource integration [46]. Risk Management and Compliance - The company acknowledges the risk of reliance on core technical personnel and has implemented measures to stabilize its technical team and reduce turnover [9]. - The company is committed to complying with regulatory requirements in the telecommunications sector and enhancing network security to mitigate risks associated with its mobile resale business [11]. - The company has established a comprehensive information security management system to mitigate risks related to internet, system, and data security [7]. - The company is actively working to comply with regulatory requirements in the mobile resale business to address competition and policy risks [124]. - The company has established a comprehensive intellectual property management system to protect its rights and actively apply for product copyrights and trademark registrations [128]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares [18]. - The company has implemented other risk warnings for its stock, changing its name to "ST Sanwu" since April 26, 2021 [17]. - The company emphasizes the protection of shareholder and creditor rights, ensuring compliance with legal regulations and maintaining effective communication channels with investors [141]. - The company has committed to avoiding competition and maintaining independence during the restructuring period [148]. - The company has committed to transparency in disclosing any potential changes in management or business strategy [151]. - The company has established regulations for related party transactions to ensure compliance with legal and governance standards [156]. - The company has committed to maintaining a fair and transparent process for any unavoidable related party transactions [156]. - The company has committed to avoiding substantial competition with its controlling shareholders' businesses, ensuring protection of shareholder interests [155]. Investment and Financial Management - The company has invested CNY 2,195,000.00 during the reporting period, a significant increase of 77.12% compared to CNY 1,239,250.00 in the same period last year [77]. - The company has made strategic adjustments to its marketing investments to better meet regional market demands [89]. - The company has committed to measures to mitigate the dilution of immediate returns from the major asset restructuring announced on July 30, 2021 [148]. - The company has reported a fair value loss of CNY 18.11 million on financial assets during the reporting period [80]. - The company has made various commitments regarding shareholding and competition, all of which are being fulfilled as planned [146]. Subsidiary Performance - The company’s subsidiary Tianjin Communications reported a net loss of CNY 19,035,777.36 for the period [114]. - The subsidiary Sanwu Digital reported a net profit of CNY 3,852,146 for the period [115]. - The company’s subsidiary Daoxi Technology reported a net profit of CNY 10,562,619.2 for the period [114]. - Daoxi Technology achieved a revenue of CNY 23,587,084.16 and a net profit of CNY 10,562,619.29, with a 40.41% increase in net assets year-over-year [116]. - Sanwu Digital generated a revenue of CNY 10,236,711.53 and a net profit of CNY 3,065,253.07, reflecting a 64.66% increase in net profit compared to the previous year [116]. Social Responsibility and Corporate Culture - There is a recognition of gaps in fulfilling social responsibilities, particularly in poverty alleviation and rural revitalization efforts [143]. - The company aims to enhance its social responsibility management and improve communication with stakeholders [143]. - The company has committed to maintaining a good corporate culture and providing higher quality products and services to customers [143]. - The company is dedicated to contributing to sustainable social development and providing broader development opportunities for employees [143].