THD(SZ:300397)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥93,603,957.25, a decrease of 36.18% compared to ¥146,679,298.26 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥7,196,880.40, representing a decline of 148.56% from a profit of ¥14,821,164.89 in the previous year[3]. - The net cash flow from operating activities was negative at ¥46,080,603.52, a decrease of 237.92% compared to ¥33,410,039.61 in the same period last year[3]. - The weighted average return on equity was -0.50%, down from 1.16% in the same period last year, indicating a significant decline in profitability[3]. - The company reported a total revenue of 2,751,196 in Q1 2022, an increase from 2,338,516 in the previous period, indicating a growth of approximately 17.7%[13]. - The total operating revenue for Q1 2022 was ¥93,603,957.25, a decrease of 36.2% compared to ¥146,679,298.26 in the same period last year[26]. - The net profit for Q1 2022 was a loss of ¥10,603,878.99, compared to a profit of ¥15,646,948.99 in Q1 2021, representing a significant decline[26]. - Cash flow from operating activities was ¥119,833,553.39 in Q1 2022, a decrease of 60.9% from ¥306,065,095.43 in Q1 2021[28]. Asset and Liability Overview - The company's total assets at the end of the reporting period were ¥2,533,661,503.43, a slight decrease of 0.34% from ¥2,542,399,986.95 at the end of the previous year[3]. - The company's total liabilities amounted to ¥555,681,161.27, slightly down from ¥558,920,989.44 in the previous year[24]. - The total equity attributable to shareholders was ¥1,970,248,853.57, a decrease from ¥1,977,440,510.33 year-on-year[24]. - The total current assets amount to CNY 1,258.37 million, a decrease from CNY 1,315.37 million at the beginning of the year, reflecting a reduction of approximately 4.3%[22]. - The company's cash and cash equivalents decreased from CNY 633.21 million to CNY 507.13 million, a decline of about 20%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 56,076[11]. - The largest shareholder, He Zenglin, holds 25.11% of the shares, totaling 129,971,700 shares, with 81,500,000 shares pledged[11]. - Liu Daning, the second-largest shareholder, owns 3.04% of the shares, amounting to 15,747,300 shares, with 10,750,000 shares pledged[11]. - The company has a total of 97,478,775 restricted shares held by He Zenglin, which are subject to a 25% annual release[12]. - The total number of shares held by the top ten unrestricted shareholders includes He Zenglin with 32,492,925 shares and Chen Chuanxing with 11,118,378 shares[11]. - The company has no preferred shareholders as per the report[12]. - The report indicates that there are no financing or securities lending activities involving the top ten shareholders[11]. - The company plans to release 85% of the restricted shares held by Zhang Chuanru on February 5, 2024[12]. - The total number of restricted shares for Liu Daning remains unchanged at 11,810,475 shares[12]. - The company has not disclosed any other shareholder relationships or agreements among the top shareholders[11]. Fundraising and Investment Activities - The company has engaged in multiple fundraising activities, with a total of 9,810,333 shares issued for fundraising purposes on March 8, 2022[13]. - The total amount of newly issued shares for fundraising reached 11,118,378 on March 8, 2022, with no shares subject to lock-up[13]. - The company reported a total of 1,962,066 shares issued for fundraising, with a lock-up period of 12 months[14]. - The fundraising activities included multiple asset management plans, with amounts such as 1,111,838 shares and 249,836 shares issued[14]. - The total amount raised through these fundraising activities is significant, indicating strong investor interest[14]. - The company is focusing on expanding its asset management capabilities through these fundraising initiatives[14]. - The fundraising efforts are aimed at enhancing the company's financial stability and supporting future growth strategies[14]. - The issuance of shares is part of a broader strategy to strengthen the company's capital base[14]. - The company is actively exploring new investment opportunities to maximize shareholder value[14]. - The fundraising activities are expected to contribute positively to the company's financial performance in the upcoming quarters[14]. Project Development - The company plans to invest CNY 169.981 million in the construction of the Xi'an High-tech Tianhe Defense Phase II - 5G Communication Industrial Park, covering an area of approximately 260 acres[17]. - As of now, the project has completed the main structure and installation works, with one plot of land fully permitted for construction, while the archaeological work on the second plot has concluded[17]. - The company has established a project company, Xi'an Tianhe Tengfei Communication Industrial Park Co., Ltd., to oversee the construction and operation of the 5G Communication Industrial Park[17]. - The company has faced delays in the construction progress of the 5G Communication Industrial Park due to various factors, including archaeological excavations and pandemic-related restrictions[17]. Research and Development - Research and development expenses increased to ¥20,400,022.86 in Q1 2022, up 21.5% from ¥16,765,164.78 in the same period last year[26]. - The company has issued stock options to 127 incentive targets, granting a total of 15 million options as part of the 2021 stock option incentive plan[19]. - The 2021 employee stock ownership plan raised CNY 23.94 million, with no shares purchased as of the report date[20].