米奥会展(300795) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥65,395,386.55, representing a 256.00% increase compared to ¥18,369,242.28 in the same period last year[22]. - The net profit attributable to shareholders was -¥23,218,644.27, an improvement of 57.13% from -¥54,163,422.77 year-on-year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥21,578,464.74, showing a 62.31% improvement from -¥57,255,525.64 in the previous year[22]. - The basic earnings per share were -¥0.230, a 57.41% improvement from -¥0.540 in the previous year[22]. - The net loss for the first half of 2021 was CNY 24,565,788.96, an improvement from a net loss of CNY 55,191,683.79 in the same period of 2020, reflecting a reduction in losses by approximately 55.5%[133]. - The company reported a total comprehensive income of CNY 349,848.98, recovering from a loss of CNY 17,121,813.33 in the previous year[138]. - The company's total equity at the end of the reporting period was 4,901.52 million yuan, with a capital reserve of 300.44 million yuan[151]. - The company reported a profit distribution to shareholders of 64 million yuan, reflecting a decrease of 91.69% compared to the previous year[151]. Cash Flow and Investments - The net cash flow from operating activities was -¥22,202,698.72, which is a decline of 65.77% compared to -¥13,393,843.72 in the same period last year[22]. - The company reported a significant increase in other income to CNY 3,974,058.39 in the first half of 2021, compared to CNY 3,351,508.39 in the same period of 2020, reflecting a growth of about 18.6%[131]. - The company experienced a net cash outflow from investment activities of ¥-14,196,790.40, a drastic increase of 1,128.03% compared to ¥-1,156,064.53 in the previous year, primarily due to increased purchases of financial products[38]. - The company incurred a total of CNY 90,700,000.00 in cash outflows related to investment activities, indicating a significant increase in investment expenditures[141]. - The company received 80,716,239.84 CNY related to investment activities, marking a significant increase compared to the previous period[145]. Assets and Liabilities - Total assets at the end of the reporting period were ¥499,884,555.85, down 5.78% from ¥530,568,359.42 at the end of the previous year[22]. - The total liabilities decreased to CNY 84,686,700.70 as of June 30, 2021, from CNY 95,097,609.11 at the end of 2020, a reduction of about 10.5%[125]. - The company's equity attributable to shareholders decreased to CNY 414,582,445.03 from CNY 434,081,499.96, reflecting a decline of approximately 4.5%[126]. - The total assets as of the end of the reporting period amounted to CNY 529,171,695.72, compared to CNY 517,554,713.52 at the end of the previous period, showing an increase of approximately 2.3%[130]. - The company's total liabilities at the end of the current period are CNY 300,395,770[159]. Research and Development - R&D investment for the reporting period was CNY 11,041,487.14, accounting for 16.88% of the half-year revenue[34]. - Research and development expenses increased to CNY 11,041,487.14 in the first half of 2021, up from CNY 6,506,926.46 in the first half of 2020, marking a rise of about 69.5%[131]. - The company has added 6 copyrights and 2 patents during the reporting period, reflecting its commitment to innovation[34]. Strategic Initiatives - The company launched a new digital exhibition model called "Net Exhibition Trade Max," which integrates various digital services to facilitate international trade[29]. - The company has established a new CRM system to enhance operational efficiency and data integration across teams[30]. - The company is focusing on the "Belt and Road" countries, leveraging its extensive buyer data and industry experience to serve small and medium-sized foreign trade enterprises[33]. - The company has made a strategic investment in MiMo Technology, resulting in a significant increase in long-term equity investments to ¥8,457,972.05, up from ¥457,968.84[44]. Market and Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[5]. - The company faces risks from macroeconomic fluctuations, particularly due to its reliance on export-oriented SMEs, and aims to strengthen market development in RCEP countries[67]. - The company plans to enhance its digital exhibition market promotion and strengthen new product development to mitigate risks from the ongoing COVID-19 pandemic[66]. Shareholder Information - The largest shareholder, Fang Huansheng, holds 23.84% of the shares, totaling 23,879,718 shares, with a pledge of 3,200,000 shares[109]. - The second-largest shareholder, Pan Jianjun, holds 23.64% of the shares, totaling 23,678,019 shares[109]. - The total number of shares before the change was 100,164,000, with 63,248,081 shares (63.14%) under limited sale conditions and 36,915,919 shares (36.86%) under unlimited sale conditions[106]. Compliance and Governance - The semi-annual financial report has not been audited[85]. - The company has not encountered any issues in the use and disclosure of raised funds during the reporting period[59]. - There were no significant lawsuits or arbitration matters during the reporting period[88]. - The company has not engaged in any major related party transactions during the reporting period[89].