[中报]宁通信B(200468):2022年半年度报告（英文版）
原标题:宁通信B:2022年半年度报告（英文版） SEMI-ANNUAL REPORT 2022 August 2022 Section I. Important Notice, Contents and Interpretation Board of Directors, Board of Supervisory, all directors, supervisors and senior executives of Nanjing Putian Telecommunications Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents. Sun Xigang, principal of the Company, Wang Huilin, person in charger of accounting works and JiYiwen, head of accounting organization (accounting principal) hereby confirm that the Financial Report of Semi-Annual Report 2022 is authentic, accurate and complete. All directors attended the Meeting for Report deliberation. The forward-looking statements with future plans concernedin the semi-annual report do not constitute a substantial commitment of the Company to investors. Investors and relevant persons should maintain sufficient risk awareness and understand the differences between programme, forecasts and commitments. In "Section III Management Discussion and Analysis" of this report, the company has analyzed the risk factors that may adversely affect the realization of the company's future development strategy and business objectives. Investors are kindly advised to check. The Company has no plans of cash dividend distributed, no bonus shares and has no share converted from capital reserve either. Contents Section I Important Notice, Contents and Interpretation ..................................................................... 1 Section II Company Profile and Main Financial Indexes .................................................................... 6 Section III Management Discussion and Analysi .............................................................................. 10 Section IV Corporate Governance ..................................................................................................... 23 Section V Enviornmetnal and Social Responsibility ........................................................................ 25 Section VI Important Events .............................................................................................................. 27 Section VII Changes in shares and particular about shareholders ..................................................... 41 Section VIII Preferred Stock..............................................................................................................46 Section IX Corporate Bonds .............................................................................................................. 47 Section X Financial Report................................................................................................................48 Documents Available for Reference (i)The financial statement containing signature and seals of the person in charge of the Company, person in charge of the accounting works and head of accounting organization (accounting principal); (ii)Original copies of documents and announcements The Company released publicly during the reporting period. Interpretation
Section II Company Profile and Main FinancialIndexes I Company profile
1. Way of contact Whether registrations address, offices address and codes as well as website and email of the Company changed in reporting period or not □Applicable √Not applicable The registrations address, offices address and codes as well as website and email of the Company have not changed during the reporting period, found more in Annual Report 2021. 2. Information disclosure and preparation place Whether information disclosure and preparation place changed in reporting period or not □Applicable √Not applicable The newspaper appointed for information disclosure, website for semi-annual report publish appointed by CSRC and preparation place for semi-annual report have not changedduring the reporting period, found more in Annual Report 2021. 3.Other relevant information Whether other relevant information has changed during the reporting period □Applicable √Not applicable IV. Main accounting data and financial indexes Whether it has retroactive adjustment or re-statement on previous accounting data or not □Yes √ No
□Applicable √Not applicable The Company had no difference of the net profit or net assets disclosed in financial report, under either IAS (International Accounting Standards) or Chinese GAAP (Generally Accepted Accounting Principles) in the period. 2. Difference of the net profit and net assets disclosed in financial report, under both foreign accounting rules and Chinese GAAP (Generally Accepted Accounting Principles) □Applicable √Not applicable The Company had no difference of the net profit or net assets disclosed in financial report, under either foreign accounting rules or Chinese GAAP (Generally Accepted Accounting Principles) in the period. VI. Items and amounts of extraordinary/non-recurring profit (gains)/loss √ Applicable □Not applicable Unit: RMB/CNY
√ Applicable □Not applicable Other gain/loss items that qualified the definition of non-recurring gain/loss refers to the effect of liquidation closure of the accumulated foreign currency statement translation differences from the subsidiary in Hong Kong. Information on the definition of non-recurring profit(gain)/loss that listed in theQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary (non-recurring) Profit(gain)/loss as the recurring profit(gain)/loss □Applicable √Not applicable The Company does not have any non-recurring profit(gain)/loss listed under theQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary (non-recurring) Profit(gain)/lossdefined as recurring profit(gain)/loss Section III. Management Discussion and Analysis I. Main businesses of the Company in the reporting period Our country's telecommunications industry fully implements the spirit of the 19th National Congress of the Party and its previous plenary sessions, thoroughly implements the decisions and deployments of the Party Central Committee and the State Council, and actively promotes the construction of a network power and digital China, and accelerates the construction of new information infrastructure such as 5G and gigabit optical networks, and the popularization of applications in an all-round way, providing strong support for creating new advantages in the digital economy and enhancing new momentum for economic development. According to the data released by the Ministry of Industry and Information Technology, in the first half of 2022, the overall operation of the telecommunications industry was stable. The construction and application of new infrastructure such as 5G and gigabit optical networks have been accelerated, and the communication supply capacity has been continuously improved. During the reporting period, in the face of unfavorable factors such as rising raw material prices, key regional businesses being affected by pandemic control, and blocked logistics, the company resolutely implemented the decision-making, deployment and development strategy of the group company’s party group, insisted on seeking changes while maintaining stability, strengthened centralized management and control, and made solid progress. The first was to expand the market externally, strengthen planning, identify the development orientation, coordinate internal and external resources, and actively expand the market; the second was to focus on internal management, make every effort to promote the reduction in accounts receivable and inventory, and costs, the organization simplification and the personnel optimization, and increase the efficiency of resource utilization to promote the healthy and stable development of the company. 1. Focused on superior products and reconstruct the market system The company advocated the concept of Big Market, shared internal and external resources, reconstructed the market management system, and formed a "regional + industry" market structure. Relying on the competitive product market, it dug deep into customer needs, enhanced customer stickiness, consolidated existing business, and strengthened the cooperation with upstream and downstream industry chains of the group members, and enhanced the company's overall industry market competitiveness. In terms of general cabling products, the company actively explored the medical, financial and other industry markets, assisted the construction of temporary hospitals in Shanghai, and provided integrated wiring systems and security cable systems; it successfully served Beijing Emergency Center, Anyang Supervisory Commissions, Shanghai Unicom and other data center computer room projects. In terms of video conferencing products, the company adhered to the "two-wheel drive" market expansion, and expanded advantageous industries through distribution and direct sales. Continued to target at the central enterprises, finance and other industry leading enterprises, and went deep into and became more proficient at high-quality customers. In the first half of the year, the company signed the information leveling upgrade project with China Tobacco Hunan Branch, the video conferencing project with China Minmetals, and the conference room upgrade project with China Logistics Group. Multimedia integration and self-developed business continued to grow. In terms of low-voltage distribution products, we continued to deepen our efforts in the field of rail transit, and successfully signed subway projects such as Taizhou Line S1, Beijing Line 12, Nanjing Line S8, and Hangzhou Airport Line. We focused on expanding the airport industry and signed projects such as Nanjing Lukou Airport and Xiangxi Airport. In terms of other telecommunication products, it has gradually transformed from traditional business fields to ICT, government and enterprise customers, actively sought breakthroughs in the industry and private network market, and actively participated in the backbone telecommunication construction of domestic dedicated communication bureaus. The key developed smart ODN products successfully won the bid for the Western Theater Command Project and the Shanghai Unicom Pilot Project. 2. Adhered to independent innovation and strengthen R&D management Improved the innovation incentive mechanism and fully mobilized the enthusiasm of R&D personnel. During the reporting period, TelegeCompanycompleted the integration and upgrade of the 400G optical fiber wiring system; Southern Telecom completed the development of the video conferencing network quality diagnosis system, and completed the R&D plan for the video conferencing reservation management system and the IoT centralized control management system; Nanman Company confirmed the solution of the intelligent terminal distribution box, submitted the circular connector Y50DX series products for inspection; supplied the intelligent application products integrating the optical fiber link management system with RFTS in small batches. During the reporting period, the company had eight newly authorized patents, and participated in the formulation of a number of industry standards such as GB50462 "Code for Infrastructure Construction and Acceptance of Data Center". II. Core Competitiveness Analysis 1. Marketing ability The Company has mature market networks, servesthe operators and industry customers in the government, rail transit, finance, medical, power, internet companies and others over a long period of time, and has rich industry experience. 2. Product competitiveness The Company insists on being market-oriented, strengthening and optimizing its leading products, actively developing new products, and constantly improving its innovation capabilities. The Company has high technology and product advantages in wiring products. It has developed a series of optical network connection products that have obtained a number of national invention patents, and is a supplier of strong brand influence in the field of domestic optical fiber communication network connection products. Access products have good performance in wired access networks and optical transmission networks, etc., and are ranked among the "Top Ten Most Competitive Enterprises in China's Optical Transmission and Network Access Equipment" throughout the year. Focusing on video communication applications for more than 20 years, the subsidiarySouthern Telecom has accumulated rich market channels and client resources, as well as differentiated products and conceptual design capabilities, the self-developed products have been recognized by large industry clients. The complete set of electrical products of the subsidiary,Nanman Company, are widely used in airports, wharves, rail transit and other industries, and has accumulated rich customer resources and industry experience, and can provide customers with complete sets of products and solutions for individual needs. Telege Building is positioned in the high-end market for cabling system, and theyactively developing new products such as a new generation of intelligent cabling systems and integrated cabling management platforms. 3. Brand influence The Company is an information and communication enterprise under the central state-owned enterprise, and communication products have a strong brand influence in the field of domestic optical fiber communication network connection products. The integrated cabling products of TelegeBuilding are well-known brand products in Jiangsu Province, a famous trademark of the province, and have been ranked among the top ten domestic cabling system brands for more than ten consecutive years. The video conferencing product series of Southern Telecom have a high reputation in China. IV. Main business analysis Overview See the relevant content of “I-Main businesses of the Company in the reporting period” Y-o-y changes of main financial data Unit: RMB/CNY
No major changes on profit composition or profit resources occurred in reporting period Constitution of operating revenue Unit: RMB/CNY
√ Applicable □Not applicable Unit: RMB/CNY
business based on latest one year’s scope of period-end □Applicable √Not applicable Explain the reasons for above 30% y-o-y changes in relevant data □Applicable √Not applicable IV. Analysis of the non-main business √ Applicable □Not applicable Unit: RMB/CNY
1. Major changes of assets composition Unit: RMB/CNY
□Applicable √Not applicable 3. Assets and liability measured by fair value √ Applicable □Not applicable Unit: RMB/CNY
Whether there are significant changes in the measurement attributes of the major assets during the reporting period □Yes √ No 4. The assets rights restricted till end of the period Assets with ownership or use rights restricted (1)details are:
Saved as disclosed above, the Company pledged its stock rights of 4.8 million Yuan (40% equity in total) in the subsidiary Nanjing PutianTelege Intelligent Building Ltd., stock rights of33.17 million Yuan (96.99% equity in total) in the subsidiary Nanjing Southern Telecom Co., Ltd., stock rights of5.07 million Yuan (50.7% equity in total)in the subsidiary Nanjing PutianChangle Telecommunication Equipment Co., Ltd., and stock rights of 7.8 million Yuan (78% equity in total) in Nanjing Putian Network Co., Ltd pledge to the parent Company for entrusting the loan from Bank,and handled the Company's equity registration respectively at Market Supervision Administration in Jiangning District, Hi-Tech Industry District, Yuhuatai District and Qinghuai District of Nanjing City. Transfer of the stock rights of the aforesaid subsidiaries arerestricted before the pledge being lifted. VI. Investment analysis 1. Overall situation √ Applicable □Not applicable
3. The major non-equity investment doing in the reporting period □Applicable √Not applicable 4. Financial assets investment (1) Securities investment □Applicable √Not applicable The Company had no securities investment during the reporting period. (2) Derivative investment □Applicable √Not applicable The Company had no derivatives investment during the reporting period. 5. Application of raised proceeds □Applicable √Not applicable The Company had no application of raised proceeds during the reporting period. VII. Sales of major assets and equity 1. Sales of major assets □Applicable √Not applicable The Company did not sell major assets during the reporting period 2. Sales of major equity □Applicable √Not applicable VIII. Analysis of main holding Company and joint stock companies √ Applicable □Not applicable Particular about main subsidiaries and stock-jointly companies net profit over 10% Unit: RMB/CNY
 |