Goke(SZ:300672)2019-08-29 16:00Financial Performance - Total revenue for the reporting period was ¥124,284,369.80, an increase of 26.39% compared to ¥98,332,314.10 in the same period last year[27]. - Net profit attributable to shareholders was -¥22,173,783.84, improving by 61.22% from -¥57,173,021.17 year-on-year[27]. - Net cash flow from operating activities reached ¥2,954,856.42, a significant increase of 101.13% compared to -¥261,124,610.68 in the previous year[27]. - Basic earnings per share improved to -¥0.13 from -¥0.32, reflecting a 59.38% increase[27]. - The net profit after deducting non-recurring gains and losses was -¥71,772,389.35, a decrease of 25.54% compared to the previous year[27]. - The company achieved total revenue of RMB 124.28 million, an increase of 26.39% year-on-year[45]. - The net profit loss was RMB 22.17 million, a reduction in loss of RMB 34.99 million, or 61.22% year-on-year[45]. Research and Development - The company plans to invest heavily in R&D to ensure the development of competitive chip products, which requires substantial human and financial resources[9]. - The company emphasizes the importance of maintaining continuous innovation capabilities to adapt to market demand changes and technological advancements[7]. - The company is currently developing multiple products and technologies, with some still in the R&D phase, highlighting the ongoing need for innovation[7]. - Research and development investment reached RMB 75,629,768.68, an increase of 11.97% compared to the previous year, reflecting the company's commitment to innovation[51]. - The company has a technical and R&D personnel ratio of approximately 65%, emphasizing the importance of talent in its operations[42]. Market Position and Strategy - The company reported a continuous rapid growth in performance during the reporting period, aligning with the national strategic emerging industry development direction[5]. - The company acknowledges the competitive nature of the integrated circuit design industry, which requires ongoing innovation and management excellence to sustain growth[5]. - The company aims to enhance its market position in the broadcasting and television sectors while maintaining sensitivity to market trends for potential expansion into other integrated circuit fields[104]. - The company intends to pursue mergers and acquisitions in the integrated circuit design sector to reinforce its leading position in niche markets and expand its business scope[106]. - The company has set a vision of becoming a top domestic and world-class integrated circuit design solution provider over the next decade[101]. Talent and Human Resources - The company faces risks related to talent retention and potential loss of core personnel, which could adversely affect its operational development[9]. - The company plans to strengthen its talent acquisition and development strategies to build a high-quality workforce, essential for sustaining innovation and competitive advantage[105]. - The company has implemented a strict intellectual property protection strategy to safeguard its core technologies from imitation and legal challenges[101]. - The company acknowledges risks related to talent retention and potential technology leaks, emphasizing the importance of a robust incentive system and corporate culture[101]. Financial Management and Investments - The company has not declared any cash dividends, stock bonuses, or capital increases from reserves for the reporting period[9]. - The company received government subsidies amounting to ¥40,200,000.00 during the reporting period[32]. - The total amount of raised funds is 20,937.12 million CNY, with 1,066.26 million CNY invested during the reporting period[69]. - The cumulative investment of raised funds amounts to 20,430.77 million CNY, with no changes in usage reported[69]. - The company has established three dedicated bank accounts for the management of raised funds, ensuring compliance with regulations[74]. Shareholder Information - The company reported a 54.38% investor participation rate in its first extraordinary general meeting of 2019, indicating strong shareholder engagement[109]. - The total share capital increased from 111,764,668 shares at the end of 2018 to 179,994,462 shares by June 30, 2019, an increase of 68,229,794 shares[153]. - The company issued 1,171,000 new shares as part of the restricted stock incentive plan during the reporting period[147]. - The total number of common shareholders at the end of the reporting period is 10,465[168]. - Hunan Guoke Holdings Co., Ltd. holds 21.69% of shares, totaling 39,035,306 shares[168]. Operational Risks - The company faces risks related to growth and maintaining continuous innovation capabilities in a highly competitive integrated circuit design industry[96]. - The company has not engaged in any entrusted financial management or derivative investments during the reporting period[84][85]. - The company has not reported any major contracts or leasing situations during the reporting period[128]. - The company has not engaged in any major guarantees during the reporting period[134].