Stock Code: 603444 Stock Name: G-bits
G-bits Network Technology (Xiamen) Co., Ltd.
2023 Interim Report (Summary)
August 2023
Should there be any discrepancy between the English version and the Chinese version of this Report, the
Chinese version shall prevail.
Part I Important Notes
1.1 Thisinterimreportsummaryisderivedfromthefulltextoftheinterimreport.Inorder
to have a comprehensive understanding of the Company's operating results,
financial condition, and future development plans, investors should carefully read
the full text of the interim report, which is available on the website of the Shanghai
Stock Exchange (www.sse.com.cn).
1.2 The board of directors (or the “Board”), supervisory board, directors, supervisors,
and senior management of the Company guarantee the truthfulness, accuracy, and
completeness of the interim report, ensuring that there are no false records,
misleading statements, or material omissions. They also bear individual and joint
legal responsibilities.
1.3 All directors ofthe Company attendedthe boardmeeting for thereviewofthisreport.
1.4 This interim report is unaudited.
1.5 This report includes the profit distribution proposal or capitalization of reserves
proposal, which has been approved by the board of directors.
In the future implementation of the profit distribution plan for the first half of 2023, the total
share capital on the equity registration date will be used as the basis. An amount of RMB 70.00
(including taxes) in cash dividend will be distributed to all shareholders for every 10 shares held.
It is hereby clarified that there will be no capitalization of the profit distribution through capital
reserve conversion, nor will there be any other form of profit distribution in this instance.
The projected profit distribution amount during the reporting period is estimated to be RMB
504 million (calculated based on the total share capital of June 30, 2023). This amount accounts
for 74.60% of the net profit attributable to shareholders of the Company during the reporting
period.SincetheCompany'sinitialpublicofferinginJanuary2017,thecumulativecashdividends
amount to RMB 5.298 billion (including the announced but yet-to-be-implemented dividend
amount during the reporting period), which is 5.89 times the net proceeds raised from the initial
public offering of stocks.
Part II Basic Information of the Company
2.1 Company Profile
Stock Profile
Types of Stocks Stock Exchange Stock Name Stock Code Previous Stock
Name
A-shares Shanghai Stock G-bits 603444 N/A
Exchange
Contact Information Board Secretary Securities Affairs Representative
Name LIANG Lili CAI Luxi
Telephone 0592-3213580 0592-3213580
Office Address G-bits Building, No.4 Wang Hai G-bits Building, No.4 Wang Hai
Road, Software Park II, Xiamen Road, Software Park II, Xiamen
Email ir@g-bits.com ir@g-bits.com
2.2 Key Financial Information
Unit: RMB Yuan
30 June 2023 31 December 2022 YoY+/- (%)
Total assets 6,864,634,222.72 6,490,420,298.78 5.77
Equity attributable to
shareholders of the 4,535,560,151.16 3,978,734,566.03 14.00
Company
H1 2023 H1 2022 YoY+/- (%)
Operating income 2,348,924,659.16 2,510,553,952.19 -6.44
Net profit attributable to
shareholders of the 675,971,006.54 688,329,156.45 -1.80
Company
Net profit attributable to
shareholders of the
Company after deducting 645,696,206.55 667,680,463.30 -3.29
non-recurring profits and
losses
Net cash flows from 601,649,840.64 749,913,191.08 -19.77
operating activities
Weighted average return on 15.82 15.09 an increase of 0.73
equity (%) percentage points
Basic earnings per share 9.40 9.58 -1.88
(RMB/share)
Diluted earnings per share 9.39 9.58 -1.98
(RMB/share)
Description:
1. Business Overview During the Reporting Period
(1)Overview of Major Game Revenue
1)Domestic Game Business
A. The operating revenue of Asktao (PC) during the reporting period decreased slightly
compared to the same period last year.
B. The operating revenue of Asktao (Mobile) during the reporting period decreased
compare