SIE(SZ:300687)2021-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 867,203,591.31, representing a 61.57% increase compared to CNY 536,741,662.40 in the same period last year[28]. - The net profit attributable to shareholders of the listed company was CNY 55,142,425.88, up 19.36% from CNY 46,198,851.46 in the previous year[28]. - The net profit after deducting non-recurring gains and losses was CNY 50,141,182.53, reflecting a 28.34% increase from CNY 39,069,319.35 year-on-year[28]. - The net cash flow from operating activities was CNY 14,439,983.73, which is a 34.50% increase compared to CNY 10,736,401.40 in the same period last year[28]. - The total assets at the end of the reporting period were CNY 2,065,242,544.34, a 2.31% increase from CNY 2,018,704,152.41 at the end of the previous year[28]. - The net assets attributable to shareholders of the listed company were CNY 1,153,520,068.99, up 7.52% from CNY 1,072,804,983.93 at the end of the previous year[28]. - The basic earnings per share for the reporting period was CNY 0.1581, an increase of 19.14% from CNY 0.1327 in the same period last year[28]. - The diluted earnings per share was CNY 0.1545, reflecting a 19.03% increase compared to CNY 0.1298 in the previous year[28]. - The weighted average return on net assets was 4.94%, slightly up from 4.61% in the same period last year[28]. Business Operations - The company has successfully provided digital transformation services to over 1,000 enterprise-level clients across various industries, including manufacturing and retail[39]. - The company's main products include industrial management software, supply chain collaboration software, and core ERP software, focusing on digitalization in manufacturing and operations[42]. - The S-MOM product family includes advanced planning and scheduling, manufacturing execution, smart warehousing, and digital quality management, covering the entire manufacturing operation field[38]. - The company has established a dedicated "Customer Operation and Maintenance Service Center" to provide post-launch support services for clients[52]. - The company leverages advanced technologies such as IoT, big data, and cloud computing to enhance its smart manufacturing solutions[43]. - The company aims to assist enterprises in achieving online business operations, data-driven operations, and intelligent decision-making through its digital transformation solutions[51]. - The company has a strong research and development team that keeps pace with technological trends, ensuring continuous innovation and market competitiveness[39]. - The company has developed an industrial internet platform that integrates various technologies to support digital transformation in manufacturing[46]. - The company has a diverse client base, including notable companies such as Huawei, Midea Group, and China Resources Group[39]. Revenue and Costs - Operating costs increased to ¥620,742,679.36, a rise of 61.86% compared to the previous year, also attributed to business expansion[68]. - Research and development investment rose by 49.86% to ¥103,573,875.92, reflecting increased investment in innovation[68]. - The gross margin for the ERP segment was 25.99%, with a year-on-year revenue increase of 47.23%[71]. - The gross margin for the smart manufacturing segment was 38.54%, with a significant revenue increase of 93.93% year-on-year[71]. - The gross margin for the software services sector was 28.42%, a slight decrease of 0.13% compared to the same period last year[72]. - The revenue from the ERP product line was ¥550,241,551.92, with a year-over-year growth of 47.23%[75]. - The intelligent manufacturing segment generated ¥218,593,382.38 in revenue, showing a significant increase of 93.93% year-over-year[75]. Investments and Financial Management - The company completed the acquisition of 51% of Jingtong Technology in June 2018, followed by the remaining 49% in September 2019, making it a wholly-owned subsidiary[60]. - The total investment amount for the reporting period was ¥59,949,889.36, representing a 6.20% increase compared to ¥56,450,000.00 in the same period last year[88]. - The total amount of raised funds was ¥31,307.37 million, with ¥9,512.73 million invested during the reporting period and a cumulative investment of ¥23,166.22 million[88]. - The investment progress for the "Intelligent Manufacturing Solution Upgrade Project" reached 72.06% with a cumulative investment of ¥18,307.42 million out of a total commitment of ¥25,407.37 million[94]. - The "Industrial Internet Cloud Platform Development Project" achieved an investment progress of 82.35%, with a cumulative investment of ¥4,858.8 million out of a total commitment of ¥5,900 million[94]. - The company has engaged in entrusted financial management with a total amount of ¥37,490 million, including ¥17,200 million from raised funds and ¥20,290 million from self-owned funds[98]. - The overdue amount for entrusted financial management is zero, indicating no financial losses in this area[98]. - The company has not encountered any significant changes in project feasibility during the reporting period[94]. - The company plans to invest the remaining unused raised funds into the "Intelligent Manufacturing Solution Upgrade Project" and the "Industrial Internet Cloud Platform Development Project" as scheduled[96]. Legal and Compliance - The company is currently involved in a contract dispute case with Beijing Artron Art Printing Co., Ltd., with a claim amount of 1.7697 million yuan, and the case is under second-instance review[159]. - The company is engaged in ongoing litigation with Spring Airlines, with a first-instance judgment requiring the airline to pay 264,000 CNY[162]. - The company has successfully mediated a contract dispute resulting in a payment of 830,000 CNY from Shanghai Aladdin Biochemical Technology Co., Ltd[162]. - The company has reported no significant impact from ongoing legal disputes on its operations[162]. - The company did not receive any administrative penalties for environmental issues during the reporting period, as it is not classified as a key pollutant discharge unit[143]. - The company has no reported activities related to poverty alleviation or rural revitalization during the reporting period[144]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[106][107]. - There were no violations regarding external guarantees during the reporting period[156]. - The semi-annual financial report has not been audited[157]. - There were no major litigation or arbitration matters during the reporting period[159]. Shareholder and Corporate Governance - The company plans to issue up to 65,129,107 shares, representing 30% of the total share capital before the issuance, to specific investors[6]. - The issuance plan was approved by the board and the shareholders, and the application has been accepted by the Shenzhen Stock Exchange[7]. - The company is currently responding to inquiries from the Shenzhen Stock Exchange regarding the stock issuance application[8]. - The company approved a stock incentive plan during its board meeting, aimed at motivating employees[133]. - The company completed the initial grant registration of the 2018 restricted stock incentive plan on October 29, 2018, with 124 individuals receiving a total of 1.121 million shares[136]. - The company held its 2021 third extraordinary general meeting, approving the draft of the 2021 restricted stock incentive plan and its implementation assessment management measures[139]. - The company has authorized the board to handle matters related to the 2020 restricted stock incentive plan at the 2020 fifth extraordinary general meeting[136]. - The actual number of restricted stocks granted in the 2018 plan was 1.121 million shares, with 124 recipients[136]. - The company is preparing for the 2021 restricted stock incentive plan, with relevant proposals submitted for shareholder approval[139]. - The company reported a 23.64% investor participation rate in its first extraordinary general meeting held on April 8, 2021[129]. Market and Strategic Focus - The company discussed its competitive advantages in smart manufacturing and the impact of government policies on customer investments in this sector[123]. - The company highlighted the advantages and characteristics of its smart manufacturing management software compared to competitors, as well as customer repurchase and order delivery cycles[123]. - The company plans to enhance its per capita output value by focusing on modular and reusable components in its products[125]. - The company is exploring opportunities in process manufacturing and the impact of IT procurement trends among downstream customers[125]. - The company is considering strategic partnerships and the introduction of significant investors in its upcoming private placement[126]. - The company aims to expand its market share in the industrial internet sector and is evaluating its current software offerings and future development plans[126].