JSTI(SZ:300284)2021-08-02 16:00Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan for the first half of 2021, representing a year-on-year growth of 15%[1]. - The company's operating revenue for the first half of 2021 was approximately ¥1.98 billion, a decrease of 9.87% compared to the same period last year[45]. - Net profit attributable to shareholders was approximately ¥144.39 million, an increase of 30.23% year-on-year[45]. - The net profit after deducting non-recurring gains and losses was approximately ¥141.02 million, reflecting a year-on-year increase of 13.68%[45]. - The company anticipates a revenue growth forecast of 10% for the second half of 2021, driven by increased demand for infrastructure projects[1]. - The company achieved operating revenue of 1.98 billion yuan, a decrease of 9.9% compared to the same period last year, while net profit attributable to shareholders increased by 30.2% to 140 million yuan[66]. - Total revenue from engineering consulting was ¥1,851,793,440.27, down 9.34% year-over-year, with a gross margin of 33.02%[91]. - Total revenue from engineering contracting was ¥124,684,241.57, down 17.00% year-over-year, with a gross margin of -3.00%[91]. User and Market Growth - The number of active users for the company's services reached 5 million, an increase of 20% compared to the previous year[1]. - The company plans to expand its market presence by entering three new provinces and targeting international markets, aiming for a 25% increase in market share by the end of 2022[1]. - The company is focusing on expanding its market presence in new infrastructure projects, including 5G and AI[34]. - The company aims to expand its international presence, having established subsidiaries in Angola, Malaysia, and Sri Lanka, and formed strategic alliances with international firms[86]. Research and Development - The company has allocated 200 million yuan for research and development of new technologies, focusing on smart transportation and environmental solutions[1]. - The company is actively involved in new product development and technology research, enhancing its service offerings in the engineering sector[56]. - The company has established five research platforms and holds over 50 patents and software copyrights in environmental monitoring and energy consumption analysis[128]. - The company obtained 49 authorized patents during the reporting period, including 10 invention patents, and received 24 provincial and ministerial awards for its projects[71]. Acquisitions and Investments - The company has successfully completed two acquisitions in the environmental sector, which are expected to contribute an additional 300 million yuan in annual revenue[1]. - Future outlook includes continued investment in technology innovation and potential mergers and acquisitions to enhance competitive advantage[34]. - The company made investments totaling ¥26,092,567.48 during the reporting period, a 317.48% increase compared to ¥6,250,000.00 in the previous period[101]. Financial Management - The company will not distribute cash dividends or issue new shares, opting to reinvest profits into business expansion and technology development[1]. - The company has implemented measures to manage accounts receivable, aiming to reduce overdue accounts by 15% by the end of the fiscal year[1]. - The company is enhancing its internal control systems to mitigate risks associated with mergers and acquisitions, ensuring effective integration of new businesses[1]. - The company's cash collection reached 2.05 billion yuan, an increase of 8.2% year-on-year, with domestic engineering consulting cash collection showing double-digit growth[66]. Corporate Governance and Social Responsibility - The company emphasizes stakeholder interests, ensuring fair and transparent communication with shareholders and maintaining a robust corporate governance structure[129]. - The company has established a worker representative system to safeguard employee rights and promote their participation in management[132]. - The company donated 10,000 yuan to the Nanjing Disabled Persons Welfare Foundation in the first half of 2021, reflecting its commitment to social responsibility[133]. Environmental Initiatives - The company's environmental business is a key strategic focus, encompassing services such as wastewater treatment, solid waste management, and pollution site remediation[128]. - The company actively participates in the Jiangsu provincial carbon peak and carbon neutrality action plan, contributing to the development of implementation strategies[128]. - Jiangsu Transportation Carbon Peak and Carbon Neutrality Research projects successfully obtained funding from Jiangsu Provincial Department of Transportation, supporting the "Zero Carbon Port" initiative[77]. Shareholder Information - The total number of shares increased from 971,405,980 to 971,405,980, with no new shares issued or repurchased, maintaining a 0.00% change[190]. - The largest shareholder, Fu Guanhua, holds 21.01% of the shares, totaling 204,126,710 shares, with 110,967,599 shares pledged[199]. - The company has complied with relevant regulations regarding shareholding and board member resignations, ensuring transparency in ownership changes[190].