[中报]宁通信B(200468):2023年半年度报告（英文版）
原标题:宁通信B:2023年半年度报告（英文版） Semi-annual Report for 2023 [August 2023] Section I Important Notes, Contents and Interpretations The Board of Directors, Board of Supervisors, directors, supervisors and senior executives of the Company guarantee the truthfulness, accuracy and completeness of the Semi-annual Report, and ensure that there are no false records, misleading statements or major omissions, and they will be held individually and jointly liable for any legal liability that may arise. Li Langping, the person in charge of the Company, Liao Rongchao, the person in charge of accounting, and Liao Rongchao, the person in charge of the accounting firm (accounting supervisor), declare that they guarantee the truthfulness, accuracy and completeness of the financial report represented in this Semi-annual Report. All directors attended the board meeting at which this Semi-annual Report was considered. If this Semi-annual Report contains any forward-looking statements concerning future plans such as the Company's business plan, such statements are not intended to constitute a substantive commitment to investors, and investors and related parties should exercise sufficient risk awareness and carefully consider the differences among plans, forecasts, and commitments. In "Section III Discussion and Analysis of the Management Team" of this report, the Company has analyzed the risk factors that may adversely affect the realization of the Company's future development strategies and business The Company planed not to distribute cash dividends and bonus shares, or increase its share capital from provident fund. Contents Section I Important Notes, Contents and Interpretations.................................................................................... 2 Section II Company Profile and Main Financial Indicators ................................................................................ 7 Section III Discussion and Analysis of the Management Team ......................................................................... 11 Section IV Corporate Governance ....................................................................................................................... 22 Section V Environmental and Social Responsibilities ........................................................................................ 24 Section VI Important Matters .............................................................................................................................. 26 Section VII Changes in Shares and Shareholders ............................................................................................... 85 Section VIII Information on Preferred Shares ................................................................................................... 90 Section IX Information on Bonds ......................................................................................................................... 91 Section X. Financial ReportI. ............................................................................................................................... 92 Contents of Documents for Future Reference (I) Financial statements containing the signatures and seals of the person in charge of the Company, the person in charge of accounting and the person in charge of the accounting firm (accounting supervisor). (II) The originals of all Company documents and announcements publicly disclosed during the reporting period. Interpretations
Section II Company Profile and Main Financial Indicators I. Company profile
1. Company’s contact information Whether the Company's registered address, office address and postal code, company website and e-mail address changed during the reporting period □Applicable ?Not applicable The Company’s registered address, office address and postal code, website and e-mail address remained unchange during the reporting period. For details, please refer to the Annual Report for 2022. 2. Location of information disclosure and provision Whether the location of information disclosure and provision changed during the reporting period □Applicable ?Not applicable The websites and names of the stock exchange and the media where the Company disclosed the Semi-annual Report, and the location where the Company provided the Semi-annual Report remained unchanged during the reporting period. For details, please refer to the Annual Report for 2022. 3. Other relevant information Whether other relevant information changed during the reporting period ?Applicable □Not applicable The controlling shareholder of the Company was changed from China Potevio Information Industry Co., Ltd. to CETC Glarun Group Co., Ltd. For details, please refer to the Announcement on Completing Transfer Registration and Changing Controlling Shareholder for Free Transfer of State-owned Shares disclosed by the Company in Securities Times and CNINFO on April 18, 2023. IV. Main accounting data and financial indicators Does the Company need to retroactively adjust or restate the accounting data of previous years □Yes ?No
During the reporting period, there is no difference between the net profit and net assets in the financial reports disclosed in accordance with international accounting standards and Chinese accounting standards. 2. Differences in net profits and net assets in the financial reports disclosed in accordance with overseas accounting standards and in accordance with Chinese accounting standards □Applicable ?Not applicable During the reporting period, there is no difference between the net profit and net assets in the financial reports disclosed in accordance with overseas accounting standards and Chinese accounting standards. VI. Items and amounts of non-recurring profits and losses ?Applicable □Not applicable Unit: yuan
□Applicable ?Not applicable The Company had no other profit and loss items that comply with the definition of non-recurring profit and loss Explanation of defining the non-recurring profit and loss items listed in the Explanatory Announcement No.1 on Information Disclosure by Companies with Public Securities Offerings - Non-recurring Profits and Losses as recurring profit and loss items □Applicable ?Not applicable The Company does not define the non-recurring profit and loss items listed in the Explanatory Announcement No.1 on Information Disclosure by Companies with Public Securities Offerings as recurring profit and loss items. Section III Discussion and Analysis of the Management Team I. Major business of the Company during the reporting period During the first half of the year, China's industrial economy exhibited a robust trajectory of recovery. Within this context, the information and communication sector demonstrated consistent growth. The continuous augmentation of the role of information and communication in empowering various sectors remained a notable trend. This development was underscored by the nation's unwavering commitment to fortifying new-type information infrastructure and propelling a profound integration of the digital economy and the real economy. In February 2023, China promulgated the Comprehensive Layout Plan for Digital China Construction. Within this strategic blueprint, the pivotal role of "constructing Digital China" was accentuated as an essential driver for advancing China's unique modernization in the digital era. Further underpinning this approach was the formulation of a "2522" comprehensive framework, which serves as a visionary guidepost steering the trajectory of China's digital economic growth in the foreseeable future. During the reporting period, the Company steadfastly adhered to the principles embodied in Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era. We wholeheartedly embraced the tenets of the 20th CPC National Congress, ensuring unwavering alignment with the strategic decisions and deployments delineated by the Group's leading Party group and the Party Committee of CETC Glarun. Prioritizing stability and seeking progress while maintaining stability, we consistently enforced the mandates of "deepening reforms and pursuing integrated development.” With an unwavering commitment to refining operational excellence, we confronted and resolved legacy challenges while fostering innovation and breakthroughs amid transformative endeavors. We strove to comprehensively enhance our operational management and our ability to prevent and mitigate significant risks, and tried to chart a trajectory toward the robust, sustained, and resilient growth of the Company. 1. The Company remained steadfast in its dedication to its primary responsibilities and core business while actively exploring both internal and external markets. It continually fortified its core business operations, with a deepened focus on specialized sectors. Leveraging existing advantageous industries, the Company placed a prominent emphasis on bolstering the complementary provisioning capability of network and information systems. This, in turn, propelled the enhancement of the Company's overarching capability to provide solutions integrating “products + technology + services". Furthermore, the Company actively fostered exchanges with pertinent entities within the Group, integrated resources and improved the synergetic development of CETC’s member entities upstream and downstream the industrial chain. Resultantly, the Company has established a multitude of business integration models, such as systematic support, product sales, and targeted R&D, further augmenting its competitive standing in the industry and market. Integrated cabling products: The Company adopted a business model centered on “products + channels," leveraging existing distribution channels. A special focus was directed towards forging into industries like military, finance, civil aviation, and healthcare. Throughout the reporting period, the Company played a pivotal role in a number of major projects, including those of Southern Theater Command Center, Civil Aviation Flight University of China, Guangxi Bank of Communications, Yulong Petrochemical, Anzhen Hospital, and modular machine rooms. Video conferencing products: The Company applied a sales model propelled by a dual approach of "product video integration. With video conferencing and audio-video integration serving as the two focal business domains, the Company delved deeply into industries such as finance, central enterprises, healthcare institutions and government, and consistently enhanced core competitiveness through independent innovation. During the reporting period, the Company secured substantial contracts, including the information technology upgrade of China Mobile Group Guangdong Company Limited, the procurement of renewal insurance system for China Postal Savings Bank, the procurement of triage guidance and medical communication systems for Sihong People's Hospital, and the CNNC Beijing Science Park. Intelligent electrical products: The Company made substantial inroads into sectors such as railway transportation, airports, and national priority endeavors. This pursuit sought to bolster the Company's market presence within the broader social landscape. Enhancements in rail project quality were evident, as exemplified by the successful bids for Beijing Metro Line 17 and the Shanghai Metro Link Line during the reporting period. Furthermore, proactive engagement with prominent civil market integrators yielded success, with the Company securing the construction project for the Xianlin new premises of the 28th Research Institute of CETC. Smart lighting products: A strategic thrust was channeled towards securing contracts with central enterprises. Notable accomplishments within the reporting period encompassed projects such as the Jiangning Street Lamp Renovation Project, the Phase 3 of Jiangning Solar Street Lamp Project, the Smart Street Lamp Renovation in Shangluo, Shaanxi, and the Specialized Solar Monitoring Controller Project. 2. The Company pursued innovation-driven strategies with utmost vigor, steadily enhancing the core competitiveness of its products. It actively pursued innovation-driven strategies, consistently amplifying the digitalization and intelligent transformation of its traditional product portfolio. It meticulously applied sustained refinement process to its core products such as the IoT centralized control platforms, smart conference management platforms, smart terminal distribution cabinets, smart lamp posts, and integrated cabling systems for industrial Internet. These strategic enhancements elevated the Company's overall influence within traditional customer bases spanning central enterprises, financial institutions, and rail transportation companies. The Company constantly strengthened the construction of innovation platforms, and accelerated the application of projects such as management system projects for integrating IT application with industrialization, the third- level certificate of information technology service standards, and the municipal-level enterprise technology center. It also strengthened the cooperation among the industry, universities and research institutions. In collaboration with Nanjing University of Information Science and Technology, the Company developed the "encryption watermark" technology, which enables the implementation of covert image leakage tracking within auxiliary video streams in video conferencing systems. The Company has completed the R&D of the IoT version of grid- powered complementary controllers, and the resultant products have already been introduced to the market. By synergizing software R&D resources and leveraging existing business foundations, the Company strategically exploited national support policies for the software industry, thereby accelerating the its transformation towards a technology-oriented company. During the reporting period, the Company witnessed the addition of 4 newly authorized patents and 4 software copyrights. Furthermore, it submitted applications for 10 patents and 3 software copyrights. 3. The Company deepened reform for integrated development and accelerated transformative upgrades. During the reporting period, it made substantial progress in bolstering its Party construction efforts, effectively harnessing them to provide guidance. Additionally, the Company reinforced the role of strategic planning as a driving force to propel the realization of strategic objectives. It delved into comprehensive institutional and systemic reforms, leading to the recalibration of its industrial framework. The Company also intensified financial foundation management, strengthening control over accounts receivable and inventory debts. Furthermore, it enhanced asset management to accelerate the process of reactivating dormant assets. II. Analysis of core competitiveness 1. Marketing ability The Company possesses a well-established market network and extensive industry experience, having provided long-term services to customers across a diverse range of sectors. These include central enterprises, government agencies, rail transit companies, financial institutions, healthcare providers, electric power companies, and internet-based businesses. 2. Product competitiveness The Company staunchly adheres to an innovation-driven strategy, systematically intensifying the R&D of novel products to elevate its core competencies. It integrated cabling products are positioned in the high-end market. It provides premium-quality solutions for integrated cabling and intelligent building systems. Exhibiting robust competitive advantages in market sales and product technical standards, these products have emerged as formidable substitutes for international brands. The Company has more than 20 years of rich professional and technical service experience in the field of video conferencing; By virtue of independent innovation, its self-developed products have been widely recognized by customers such as central enterprises, government, financial institutions, and medical institutions, and its ability of sustainable development has been further enhanced. Its intelligent electrical products find extensive application in airports, terminals, rail transportation and metallurgy, consistently maintaining a prominent position in the rail transportation sub- sector. Its market standing is attributed to the high professionalism and strong competitiveness of its products. The Company has a longstanding commitment to cultivating expertise in the domains of intelligent lighting and energy-efficient controller systems. This dedication has culminated in the establishment of an integrated ecosystem that encompasses R&D, manufacturing, and large-scale sales. The smart lighting products are incorporated into integrated solutions of advanced IoT-based grid-connected street lamp controllers for customers. 3. Brand influence The Company is an information and communications subsidiary of a central enterprise. Its communication infrastructure products have gained a strong brand reputation in the domestic fiber optical communications industry, particularly in the area of network connection products. Putian Telege has earned the prestigious distinction of being recognized as a famous brand of integrated cabling products in Jiangsu Province, as well as a renowned provincial trademark. Consistently ranking among the top ten domestic comprehensive cabling brands for over a decade, these products have positioned themselves as industry leaders poised to surpass foreign counterparts. Southern Telecom takes pride in an impressive array of video conferencing products, including the "Ruijing" and "Ruizhi" series. These offerings have garnered significant recognition within the domestic market; Nanman Electrical is a prominent brand within the rail transportation industry. III. Analysis of main business Overview See “I. Major business of the Company during the reporting period” for details. Year-on-year changes in major financial data
□Applicable ?Not applicable No significant changes occurred in the profit composition or profit sources of the Company during the reporting period Composition of operating revenue Unit: yuan
?Applicable □Not applicable Unit: yuan
business data according to the range adjusted at the end of the reporting period in the latest period is □Applicable ?Not applicable IV. Analysis of non-main business ?Applicable □Not applicable Unit: yuan
1. Significant changes in asset composition Unit: yuan
□Applicable ?Not applicable 3. Assets and liabilities measured at fair value ?Applicable □Not applicable Unit: yuan
Whether there were any significant changes in the measurement attributes of the Company's main assets during the reporting period □Yes ?No 4. Restricted asset rights as of the end of the reporting period Assets with restricted ownership or use rights (1) Details
In addition to the above-mentioned assets with restricted ownership or use rights, the Company pledged its equity interests in its subsidiaries, namely 96.99% equity in Nanjing Southern Telecom Co., Ltd. (with capital （未完）  |