INFOGEM(SZ:300085)2024-04-16 14:01Financial Performance - The actual net profit (net profit attributable to the parent company after deducting non-recurring gains and losses) for 2023 is 28.72 million yuan[35]. - The performance commitment for the years 2022 to 2024 is to achieve a net profit of no less than 30 million yuan each year, or a cumulative net profit of 90 million yuan over the three years[35]. - The performance completion rate for 2022 is 95.19%, and for 2023, it is 95.74%; as of the end of 2023, the cumulative performance completion rate is 63.64%[35]. - The company reported a net loss of CNY 358.74 million, with retained earnings decreasing by 6.35% compared to the previous year[46]. - The net profit for the main business in 2023 was a loss of 70.1043 million yuan, primarily due to revenue declines in financial information technology and mobile information services[176]. - The net profit attributable to shareholders for 2023 was -¥117,392,447.02, showing an improvement of 3.54% from -¥121,567,582.90 in 2022[197]. - The basic earnings per share for 2023 was -¥0.1661, an improvement of 3.54% from -¥0.1720 in 2022[197]. - The diluted earnings per share also stood at -¥0.1661, reflecting the same percentage change as basic earnings per share[197]. - The weighted average return on net assets was -16.18%, a decline of 2.18 percentage points from -13.99% in 2022[197]. Cash Flow and Investments - Operating cash outflow decreased by CNY 112.52 million, a decline of 10.03%, mainly due to reduced cash payments for goods by the company and its subsidiaries[38]. - Investment cash outflow decreased by CNY 85.05 million, a decline of 55.04%, primarily due to a reduction in cash management using idle raised funds[39]. - Financing cash inflow increased by CNY 237.09 million, a growth of 65.75%, mainly due to an increase in short-term loans and the recovery of bank acceptance bill deposits[40]. - Cash and cash equivalents increased to CNY 496.13 million, representing 34.77% of total assets, up from 21.31% at the beginning of the year, attributed to increased short-term loans and bank guarantees[44]. - Net cash flow from operating activities increased significantly to ¥128,342,665.52, a rise of 388.88% compared to ¥26,252,484.90 in 2022[197]. - The net increase in cash and cash equivalents for 2023 was CNY 62,367,135.71, a turnaround from a decrease of CNY 129,787,276.67 in 2022, representing a 148.05% improvement[169]. - Investment cash inflow decreased to CNY 41,254,452.26, down 78.46% from CNY 191,492,464.88 in 2022[170]. - Net cash flow from investing activities was negative CNY 28,231,385.32, a decline of 176.40% from CNY 36,952,380.11 in 2022[170]. - Financing cash inflow increased to CNY 597,699,377.08, a growth of 65.75% from CNY 360,609,205.39 in 2022[172]. - Net cash flow from financing activities improved to negative CNY 35,384,070.33, an 81.92% improvement from negative CNY 195,698,062.18 in 2022[172]. Shareholder Information - The company reported a total of 8,697,175 shares held by Chen Xiangjun, making him one of the major shareholders[67]. - Hong Kong Shanghai HSBC Bank Limited holds 6,516,000 shares, representing 0.92% of the total share capital[68]. - UBS AG has 3,017,989 shares, accounting for 0.43% of the total share capital[68]. - China Life Insurance Company Limited has newly entered as a shareholder with 12,317,006 shares, representing 1.74% of the total share capital[68]. - The company’s major shareholders have seen changes, with Zhang Xuejun holding 15.32% and Chen Xiangjun holding 7.00% of the shares[86]. - The company’s actual controllers, including Zhang Xuejun, Chen Xiangjun, and Li Jun, are recognized as acting in concert[89]. - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[88]. Corporate Governance and Compliance - The company has not engaged in any non-operating fund occupation by controlling shareholders or other related parties during the reporting period[36]. - The company has complied with relevant laws and regulations in its information disclosure practices, enhancing transparency and credibility[10]. - The company has not reported any significant internal control deficiencies during the reporting period[3]. - The company has not conducted any major litigation or arbitration matters during the reporting period[30]. - The audit opinion for the financial report is a standard unqualified opinion, signed on April 15, 2024[101]. - The company’s management is responsible for assessing its ability to continue as a going concern and has not indicated any plans for liquidation or cessation of operations[129]. - The company’s internal controls are designed to ensure that financial statements are free from material misstatement due to fraud or error[146]. - The company’s governance layer is responsible for overseeing the financial reporting process to ensure the integrity of financial statements[147]. Business Operations and Strategy - The company has implemented a talent strategy and training programs to enhance employee skills and satisfaction[10]. - The company plans to actively develop innovative businesses including data elements, artificial intelligence, industry models, and 5G rich media messaging, aligning with industry trends[176]. - The company is focusing on new product development and market expansion strategies to enhance future performance[197]. - The company plans to explore potential mergers and acquisitions to strengthen its market position and drive growth[197]. - The company has experienced continuous losses over the past three years, primarily due to industry competition and a declining global economic environment[176]. - The software and information technology services industry, particularly in financial technology, is supported by national policies, with no significant risk of overcapacity or technological obsolescence[176]. - The company maintains its core competitiveness in technology, industry experience, and customer resources, with no significant adverse changes reported in its main business[176]. Revenue and Business Segments - The total operating revenue for Yinzhijie Company in 2023 was CNY 1,015.15 million, with mobile information services contributing CNY 489.52 million (48.22%), e-commerce business contributing CNY 375.83 million (37.02%), and financial technology business contributing CNY 149.80 million (14.76%)[102][103]. - In 2023, the company's total operating revenue decreased by 9.06%, with financial information technology business down by 5.12% and mobile information services down by 17.23%, while e-commerce business grew by 2.42%[176]. - The company capitalized CNY 19.40 million of its total R&D expenditure of CNY 72.88 million in 2023, resulting in a capitalization rate of 26.61%[125]. - The company did not engage in any securities investments during the reporting period[134]. - The company did not engage in poverty alleviation or rural revitalization work during the reporting period[11]. - The company did not engage in any asset or equity acquisitions or sales during the reporting period[47].