证券代码：835184 证券简称：国源科技 公告编号：2023-054 北京世纪国源科技股份有限公司 第三届董事会第十六次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 本次董事会的召集、召开和议案审议程序符合《公司法》及《公司章程》的 有关规定，表决结果合法有效。 本议案不涉及关联交易事项，无需回避表决。 4.提交股东大会表决情况： （二）会议出席情况 会议应出席董事 7 人，出席和授权出席董事 7 人。 二、议案审议情况 （一）审议通过《关于公司 2023 年半年度报告及摘要的议案》 1.议案内容： 具体内容详见公司于 2023 年 8 月 10 日在北京证券交易所指定信息披露平台 1.会议召开时间：2023 年 8 月 9 日 2.会议召开地点：公司会议室 3.会议召开方式：现场 4.发出董事会会议通知的时间和方式：2023 年 7 月 28 日以通讯方式发出 5.会议主持人：董事长董利成先生 6.会议列席人员：全体监事、部分高级管理人员 ...

北京世纪国源科技股份有限公司 独立董事关于第三届董事会第十六次会议 一、《关于公司 2023 年半年度募集资金存放与实际使用情况的专项报告的 议案》的独立意见 证券代码：835184 证券简称：国源科技 公告编号：2023-055 经审阅议案内容，我们认为：2023 年半年度公司募集资金存放与使用符合 《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求（2022 年修订）》《北京证券交易所股票上市规则（试行）》等相关规定。公司编制的《2023 年半年度募集资金存放与实际使用情况的专项报告》真实、准确、完整地反映了 公司报告期内募集资金存放与实际使用情况，不存在任何虚假记载、误导性陈述 或重大遗漏，不存在损害公司及股东特别是中小股东利益的情形。 综上，我们同意该议案内容。 相关事项的独立意见 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担 个别及连带法律责任。 北京世纪国源科技股份有限公司（以下简称"公司"）于 2023 年 8 月 9 日 召开第三届董事会第十六次会议。我们作为公司的独立董事，根据《北京证券 ...

Financial Performance - The company's operating revenue for the current period is ¥97,571,273.94, a decrease of 12.18% compared to the same period last year[21]. - The gross profit margin increased to 45.56%, up from 36.30% in the previous year[21]. - The net profit attributable to shareholders of the listed company is ¥5,138,338.40, a significant increase of 137.71% compared to a loss of ¥13,625,610.89 in the same period last year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is ¥4,156,906.81, improving by 120.92% from a loss of ¥19,868,423.84[21]. - The weighted average return on net assets based on net profit attributable to shareholders is 0.88%, recovering from -2.00% in the previous year[21]. - The basic earnings per share increased to ¥0.04, compared to a loss of ¥0.10 in the same period last year, marking a 140.00% improvement[21]. - Net profit increased by 137.71% to ¥513.83 million, driven by cost reduction and efficiency improvements[37]. - Operating revenue decreased by 12.18% to ¥97.57 million, indicating challenges in revenue generation[37]. - The company's net profit was ¥5,138,338.40, a significant recovery from a net loss of ¥13,625,610.89 in the previous year, representing a 137.71% increase[55]. - The company reported a net loss of CNY -5,468,405.10 for the first half of 2023, an improvement from a loss of CNY -10,606,743.50 in the same period of 2022[116]. - The company achieved a total profit of CNY 5,665,772.71 in the first half of 2023, compared to a loss of CNY 14,624,508.89 in the same period of 2022[125]. Assets and Liabilities - Total assets decreased by 1.79% to ¥640,848,885.28 compared to the previous year[22]. - Total liabilities decreased significantly by 24.27% to ¥52,386,693.64, improving the company's debt management[22]. - The company's asset-liability ratio decreased to 8.17% (consolidated), indicating a stronger financial position[22]. - The company's cash and cash equivalents decreased by 61.13% to ¥85,731,977.87 compared to the previous year, primarily due to investments in bank wealth management products[54]. - The company's short-term borrowings decreased by 80.00% to ¥5,004,825.00, mainly due to the repayment of due bank loans[54]. - The company's trading financial assets increased by 775.19% to ¥114,162,225.00, attributed to investments in bank wealth management products to improve capital utilization[54]. - The total current assets decreased to 576,194,075.05 from 593,350,662.59, a reduction of approximately 2.9%[114]. - The total equity at the end of the current period is CNY 588,462,191.64, reflecting a decrease from CNY 692,130,060.38 in the previous period[136]. Research and Development - Research and development expenses decreased by 56.92% to ¥12.44 million, reflecting a strategic slowdown in project investments[37]. - The company has increased its R&D investment and expanded its R&D team to keep pace with rapid technological advancements in the GIS industry[76]. - The company aims to enhance its technical capabilities through investments in basic data processing and active remote sensing projects, which are expected to expand its agricultural geographic data platform[75]. - Research and development expenses decreased to CNY 9,677,809.70 in the first half of 2023 from CNY 24,059,016.89 in the first half of 2022, a reduction of 59.7%[125]. Business Strategy and Market Position - The company focuses on geographic information and agricultural big data, integrating modern technologies to enhance service offerings[36]. - The company is responding to market demand changes by actively transforming its business structure and enhancing core competitiveness[44]. - The company plans to actively expand new business opportunities in various niche markets as related policies are implemented[51]. - The company is focusing on developing new applications and services based on its agricultural geographic data platform to diversify its revenue sources and reduce reliance on government procurement[76]. - The company has successfully implemented digital rural governance solutions, enhancing service capabilities for village management and grassroots governance[42]. Financial Management - The interest coverage ratio improved to 10.42, indicating better ability to meet interest obligations[22]. - The company's financial expenses amounted to -645,999.62 CNY, a decrease of 174.27% compared to the same period last year, primarily due to reduced loan interest from repaying bank loans[57]. - The investment income decreased by 83.18% to 277,746.65 CNY, mainly due to reduced investment in bank financial products[57]. - The company reported a significant decrease in other income, which fell by 80.48% to 1,160,055.37 CNY, attributed to reduced government rewards[57]. Governance and Compliance - The company reported no significant litigation or arbitration matters during the reporting period[81]. - There were no instances of shareholders or related parties occupying or transferring the company's funds, assets, or other resources[83]. - The company has not reported any changes in accounting policies or prior period error corrections during the current period[136]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[149]. Employment and Workforce - The company reported a total of 569 employees at the end of the period, down from 624 at the beginning, reflecting a reduction of 8.8%[108]. - The company added 153 new employees during the reporting period, while 208 employees left, resulting in a net decrease of 55 employees[108]. - The number of core employees decreased from 24 to 23, with one core employee leaving the company[109]. Shareholder Information - The total number of ordinary shares at the end of the period was 133,790,000, with 66.09% being unrestricted shares[89]. - Major shareholders include Dong Licheng with 19.78% and Li Jingyan with 12.76% of shares, indicating a strong insider ownership structure[100]. - The total shareholding of the top ten shareholders accounts for 57.47% of the company, reflecting significant institutional confidence[102].

Financial Performance - Operating revenue for Q1 2023 was CNY 38,576,109.42, down 39.31% year-on-year[14] - Net profit attributable to shareholders for Q1 2023 was a loss of CNY 7,750,641.84, a decrease of 2,942.54% compared to the same period last year[14] - The company reported a net loss of ¥18,357,385.34 for the period, compared to a loss of ¥10,606,743.50 in the previous year[36] - Total operating revenue for Q1 2023 was CNY 38,576,109.42, a decrease from CNY 63,563,775.01 in Q1 2022, representing a decline of approximately 39.3%[42] - Operating profit for Q1 2023 was CNY -8,622,602.69, compared to CNY -264,418.51 in Q1 2022, reflecting a significant increase in losses[43] - Net profit for Q1 2023 was CNY -7,750,641.84, contrasting with a net profit of CNY 272,665.79 in Q1 2022, marking a substantial decline[44] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.06, compared to CNY 0.00 in Q1 2022[44] - The total comprehensive income for Q1 2023 was -5,120,028.32, compared to 1,912,900.02 in Q1 2022, reflecting a substantial decline[46] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 616,668,084.96, a decrease of 5.49% compared to the end of 2022[11] - The company's asset-liability ratio (consolidated) decreased to 6.66% from 10.60% at the end of 2022[11] - Total liabilities decreased to ¥41,094,873.56 from ¥69,173,073.03, a significant reduction of 40.5%[36] - Total liabilities as of the reporting date were CNY 42,472,468.41, down from CNY 71,566,068.79 in the previous year, a decrease of approximately 40.7%[40] - Total equity attributable to shareholders decreased to ¥575,573,211.40 from ¥583,323,853.24, a decline of 1.3%[36] - Total equity as of the reporting date was CNY 568,710,495.57, slightly down from CNY 573,830,523.89 in the previous year, a decrease of about 0.4%[40] Cash Flow - The company's cash flow from operating activities was -CNY 16,152,446.59, an improvement of 66.56% year-on-year[15] - Operating cash flow for Q1 2023 was -16,152,446.59, an improvement from -48,304,224.79 in Q1 2022[48] - Investment activities generated a net cash flow of -88,589.99 in Q1 2023, compared to -79,146,348.78 in Q1 2022, indicating a significant reduction in cash outflow[49] - The company incurred a total of 21,002,146.49 in financing activities cash outflow in Q1 2023, compared to 1,295,209.69 in Q1 2022[49] - The ending cash and cash equivalents balance decreased to $149,478,561.97 from $223,741,414.29, reflecting a net decrease of $34,064,264.38[52] - The company experienced a substantial decline in cash and cash equivalents, indicating potential liquidity challenges moving forward[52] Inventory and Expenses - The company reported a significant reduction in inventory by 36.34% to CNY 8,999,822.49 due to project delivery[12] - R&D expenses for Q1 2023 were CNY 5,962,251.99, a decrease of 59.59% compared to the previous year[14] - Total operating costs for Q1 2023 were CNY 42,978,493.71, down from CNY 60,952,856.94 in Q1 2022, indicating a reduction of about 29.5%[42] - Research and development expenses for Q1 2023 were CNY 5,962,251.99, significantly lower than CNY 14,753,943.53 in Q1 2022, a reduction of approximately 59.5%[43] Shareholder Information - The top five shareholders hold a combined 57.44% of the company's shares, with the largest shareholder, Dong Licheng, owning 19.78%[23] - The company reported a total of 76,854,246 shares held by the top ten shareholders, with no significant changes in their holdings during the reporting period[23] - The company has no outstanding preferred shares as of the reporting period[24] Legal and Compliance - There were no significant litigation or arbitration matters during the reporting period, as the case amounts did not meet the disclosure standards[27] - The company has committed to fulfilling all disclosed commitments, with no breaches reported during the commitment period[30] - The financial report has not been audited, indicating a potential area for future scrutiny[33] - The company has not engaged in any significant asset acquisitions or disposals during the reporting period[26] - There are no reported cases of asset seizure, freezing, or other significant financial penalties against the company[26]

Business Strategy and Operations - In 2022, Beijing Century GrandTech Corp. focused on using spatial information technology to support national rural revitalization and aimed to make its mapping services the infrastructure for digital agriculture in China[4]. - The company emphasized its commitment to deepening business operations, product research, market exploration, and operational depth in 2022[4]. - The company is investing in projects such as basic data processing and active remote sensing capability construction, which are expected to enhance its data processing and remote sensing interpretation capabilities[10]. - The company aims to expand its market presence and enhance its technological capabilities through ongoing research and development efforts[10]. - The company is committed to developing new technologies and products to keep pace with rapid changes in the GIS industry and market demands[11]. - The company is actively expanding into new types of business, successfully undertaking projects related to land rights confirmation and geographic condition monitoring[61]. - The company is focusing on risk management by cautiously undertaking low-margin projects to mitigate accounts receivable risks[54]. - The company is enhancing its digital platforms to improve user experience and operational efficiency in agricultural services[60]. - The company is transitioning its business model towards data updates and application services, leveraging its experience to develop corresponding software and platform services[66]. - The company is advancing multiple R&D projects, including the agricultural geographic big data platform and digital agriculture big data application platform, to enhance service capabilities for small farmers and new business entities[57][58]. Financial Performance - The company's operating revenue for 2022 was ¥196,865,970.60, a decrease of 31.69% compared to ¥288,179,248.55 in 2021[27]. - The net profit attributable to shareholders for 2022 was -¥82,674,401.74, representing a significant decline of 1,791.19% from a profit of ¥4,888,528.85 in 2021[27]. - The gross profit margin decreased to 22.45% in 2022 from 44.90% in 2021[27]. - Total assets at the end of 2022 were ¥652,496,926.27, down 13.72% from ¥756,220,721.95 at the end of 2021[29]. - The total liabilities increased by 7.93% to ¥69,173,073.03 in 2022 from ¥64,090,661.57 in 2021[29]. - The weighted average return on equity (ROE) based on net profit attributable to shareholders was -13.01% in 2022, compared to 0.68% in 2021[27]. - The cash flow from operating activities was -¥33,862,480.09 in 2022, an improvement of 16.50% from -¥40,553,844.65 in 2021[31]. - The company reported a basic earnings per share of -0.63 in 2022, a decrease of 1,675.00% from 0.04 in 2021[27]. - The asset-liability ratio (consolidated) was 10.60% at the end of 2022, up from 8.48% at the end of 2021[29]. - The company’s total revenue for 2022 was in line with the performance forecast, with a variance of -2.14% compared to the preliminary revenue[35]. Market and Client Dependency - The company relies heavily on government procurement, with major clients being the Ministry of Natural Resources and the Ministry of Agriculture and Rural Affairs, making it vulnerable to changes in government spending[11]. - The revenue from the company's geographic information data engineering business has been declining, prompting a shift towards agricultural big data platform application development[11]. - The company focuses on geographic information and agricultural big data, integrating 3S technology with cloud computing and AI[44]. - The revenue model includes geographic information data engineering, industry application software development, and spatial information application services, primarily serving government and agricultural financial institutions[46]. Research and Development - The company employs a dual-driven R&D model, focusing on both technology and market demands to innovate and upgrade products[48]. - The company has increased its investment in technology research and development to support key industry sectors and application scenarios[74]. - The company has established a digital rural business system across six levels, focusing on agricultural big data platforms and rural digital governance[64]. - The company is enhancing its data processing and analysis software, focusing on socialized agricultural machinery operation trajectory data processing[112]. - The company is developing a remote sensing image intelligent interpretation technology platform to optimize interpretation efficiency and accuracy[112]. Risks and Challenges - The company faces risks related to the implementation of fundraising investment projects, including management issues, project delays, and market competition changes[10]. - The company has not experienced significant changes in major risks during the reporting period[12]. - The company is focusing on building a marketing system to enhance the conversion of R&D results and expand new business markets, resulting in an increase in sales expenses by 3.41 million RMB year-on-year[132]. - The company has projected daily related transactions amounting to CNY 1,602,780.00 for the year 2022[161]. - The company has a significant ongoing litigation amounting to CNY 5,901,259.11, which represents 1.01% of the net assets at the end of the reporting period[158]. Shareholder and Corporate Governance - The company has established three new subsidiaries in 2022, including Ningxia Shiji Guoyuan Technology Co., Ltd. with a registered capital of 1 million RMB, and two others with a registered capital of 5 million RMB each[127][128]. - The company has made commitments regarding the authenticity and completeness of information disclosure[169]. - The company is currently fulfilling its commitments related to public offerings and share repurchase[168]. - The company’s actual controller and shareholders have made commitments regarding the restrictions on share circulation and voluntary lock-up[169]. - The total number of shareholders increased to 24,403 during the reporting period[173]. Government Policies and Market Trends - The company is positioned to benefit from national policies promoting digital rural development and natural resource digitalization, providing a broad market space for growth[70]. - The geographic information industry is expected to see tighter integration with government and enterprise digitalization, enhancing production efficiency and resource management[133]. - The agricultural big data industry is evolving into a foundational strategic resource, with a focus on digital transformation to enhance agricultural productivity[136]. - The rural internet infrastructure has rapidly developed, with an increasing number of rural internet users, supporting digital governance in rural areas[137].

Financial Performance - The company's operating revenue for 2022 was approximately CNY 201.17 million, a decrease of 30.19% compared to the previous year[4] - The net profit attributable to shareholders was approximately -CNY 80.55 million, a decline of 1,747.82% year-on-year[4] - Basic earnings per share were -CNY 0.60, down 1,600% from the previous year[4] - Total assets at the end of the reporting period were approximately CNY 651.82 million, a decrease of 13.81% from the beginning of the period[5] - The equity attributable to shareholders was approximately CNY 583.86 million, down 15.64% from the beginning of the period[5] Research and Development - The company invested CNY 48.54 million in research and development during the year, contributing to a decline in operating profit[8] - The company has completed the main functional development of its spatiotemporal big data platform, enhancing its capabilities in agricultural remote sensing monitoring[9] Market Opportunities - The revenue from industry application software development and spatial information application services increased from 15% in 2018 to 43% in 2022[9] - The company anticipates significant growth opportunities in digital agriculture and rural revitalization as national policies are implemented[10] Cautionary Notes - The company warns that the financial data presented is preliminary and has not been audited, urging investors to be cautious[10]

Financial Performance - The company expects a net loss of approximately CNY 80 million to CNY 85 million for the fiscal year 2022, compared to a profit of CNY 4.89 million in the same period last year [4]. - Revenue decreased by CNY 87 million due to project delivery delays caused by repeated COVID-19 outbreaks and lockdowns, impacting the implementation of geographic information data engineering projects [5]. - The company faced a significant increase in credit impairment losses and asset impairment losses totaling CNY 57.74 million, an increase of CNY 29.45 million year-on-year [6]. Research and Development - Research and development expenses amounted to CNY 48.54 million, contributing to a decline in operating profit as the company focuses on business transformation and core competitiveness [7]. - Sales expenses increased by CNY 3.24 million as the company worked to strengthen its marketing system and promote R&D achievements in the market [7].

Business Expansion and Partnerships - As of June 30, 2022, Guoyuan Technology has been included in the business cooperation partner list of major telecom operators such as China Mobile and China Unicom, indicating a strategic expansion in digital rural and agricultural business[5] - The company signed a cooperation agreement with the Heilongjiang Agricultural Investment Big Data Center to jointly build and operate a collective asset supervision and property rights trading platform across the Heilongjiang region[5] - Guoyuan Technology established a joint laboratory with the Agricultural Rural Big Data Development Center to conduct key technology research and software development for agricultural digital mapping[5] - The company is actively promoting the digital rural initiative through various competitions and partnerships, aiming to enhance the adoption of digital products in rural areas[5] - The company has successfully expanded its marketing network through direct sales and competitive bidding, with a management structure that combines headquarters and regional divisions[43] - The company has established partnerships with insurance companies and government units to enhance its agricultural insurance services, achieving good results in various insurance products[52] - The company has expanded its digital rural business, focusing on agricultural big data and rural governance, with ongoing projects in multiple provinces[51] Financial Performance - The company's revenue for the current period is 115,202,531.30 CNY, a decrease of 7.94% compared to 125,144,808.11 CNY in the same period last year[26] - The net profit attributable to shareholders of the listed company is -12,526,932.70 CNY, representing a decline of 180.57% from -4,464,769.42 CNY in the previous year[26] - The total assets at the end of the current period amount to 743,180,561.25 CNY, down 2.73% from 764,039,720.16 CNY at the end of the previous year[28] - The total liabilities increased by 30.86% to 75,485,762.58 CNY from 57,686,183.39 CNY year-over-year[28] - The company's gross profit margin decreased to 36.69% from 41.89% in the previous year[26] - The cash flow from operating activities for the current period is -56,862,808.30 CNY, showing a slight improvement of 0.44% compared to -57,112,847.60 CNY in the previous year[30] - The company reported a non-recurring profit and loss net amount of 6,242,820.41 CNY after tax[33] - The weighted average return on net assets based on net profit attributable to shareholders is -1.80%, compared to -0.60% in the previous year[26] - The company's operating revenue for the current period is 115,202,531.30 CNY, a decrease of 7.94% compared to the same period last year[64] - The gross profit margin has decreased to 36.69%, down from 41.89% in the previous year[64] - The net profit for the current period is -12,526,932.70 CNY, representing a decline of 180.57% year-on-year[65] Research and Development - The company focuses on geographic information and agricultural big data, integrating 3S technology with modern information technologies[34] - The company adopts a dual-driven R&D model focusing on both technology and market demands to drive innovation and product development[40] - The company has made significant progress in R&D, including the development of various big data platforms and applications, such as the agricultural geographic big data platform and digital agriculture big data application platform[46] - The company's research and development expenses amounted to 28,866,205.05 CNY, accounting for 25.23% of operating revenue, a decrease of 8.16% year-on-year[64] - Research and development expenses for the reporting period amounted to 28.87 million yuan, a decrease of 2.57 million yuan compared to the previous year, reflecting a cautious approach to new product development[90] Risks and Challenges - The company faces risks related to the implementation of fundraising investment projects, which are crucial for expanding its capabilities in data processing and remote sensing[10] - Guoyuan Technology's revenue is primarily derived from government procurement, making it vulnerable to changes in government spending on resource survey digitization and spatial information construction[11] - The company has reported a decline in revenue from geographic information data engineering services, prompting a focus on new growth points in rural land surveys and high-standard farmland construction[96] - The company has a significant reliance on government procurement, with major clients being government departments, which poses risks if government spending is reduced[94] - The company has acknowledged the existence of estimated liabilities, which may impact future financial performance[199] Asset and Liability Management - The company's cash and cash equivalents decreased by 13.37% to CNY 207,320,411.31, down from CNY 239,319,941.86[59] - Accounts receivable increased by 20.31% to CNY 184,622,531.28, compared to CNY 153,454,609.41 in the previous period[59] - Inventory rose by 40.23% to CNY 2,040,992.45, primarily due to increased costs associated with unfinished projects[61] - Short-term borrowings surged by 123.73% to CNY 40,041,643.84, attributed to new short-term loans[61] - Trading financial assets decreased by 66.92% to CNY 15,622,955.56, mainly due to the redemption of maturing financial products[61] - Prepayments increased by 50.63% to CNY 5,937,260.85, driven by prepayments for technical services and rent[61] - Contract liabilities rose significantly by 503.49% to CNY 13,419,075.38, indicating increased customer advances[60] Shareholder and Equity Information - The largest shareholder, Dong Licheng, holds 26,456,982 shares, accounting for 19.78% of total shares[119] - The second-largest shareholder, Li Jingyan, holds 17,067,600 shares, representing 12.76% of total shares[119] - The total number of shareholders with more than 5% ownership is 10, holding a combined 55.95% of total shares[120] - The total number of unrestricted shares increased from 59,658,669 to 87,729,923, representing a rise from 44.59% to 65.57% of total shares[117] - The number of restricted shares decreased from 74,131,331 to 46,060,077, indicating a reduction from 55.41% to 34.43% of total shares[117] Fundraising and Investment Activities - The company raised a total of 229.3 million yuan in bank wealth management products, with 15.5 million yuan overdue and unrecoverable[79] - The company raised 397,386,000.00 in a public offering, with 23,690,944.71 utilized during the reporting period[126] - The net amount of raised funds is CNY 36,128.27 million[127] - As of the end of the reporting period, the balance of raised funds is CNY 16,085.26 million[128] - Total amount invested in projects during the reporting period is CNY 2,369.09 million[131] - Cumulative amount invested in projects as of the end of the reporting period is CNY 20,854.02 million[131] Legal and Compliance Matters - The company has reported a total of 5,828,169.55 yuan in litigation and arbitration matters, accounting for 0.87% of its net assets[101] - The company has engaged in daily related transactions, with a total expected amount of 1,602,780 yuan and an actual amount of 801,390 yuan for other transactions[103] - The company has established measures to protect its intellectual property, including stock incentives for key technical personnel and strict management of the R&D process[95] - The company has committed to ensuring that its controlled enterprises will not suffer losses due to employee-related disputes, with ongoing compliance[108] Changes in Management and Workforce - The company has not experienced any changes in the chairman, general manager, or independent directors during the reporting period[143] - The total number of employees decreased from 895 to 808, a reduction of approximately 9.7%[147] - The number of technical staff decreased from 600 to 542, a reduction of approximately 9.7%[147] - The company appointed two new executives: Yang Chengbin as a supervisor and Fu Qiang as deputy general manager[144] - The total number of core employees remained stable at 25, with no changes reported[149]

Company Overview - The company was established on October 24, 2005, and listed on November 15, 2021[20]. - The total share capital of the company is 133,790,000 shares[20]. - The company has three wholly-owned subsidiaries and one affiliated company focused on geographic information software development and data engineering[100]. Products and Services - The main products and services include geographic information data engineering, industry application software development, and spatial information application services[20]. - The company focuses on geographic information and agricultural big data, integrating 3S technology with modern information technologies[45]. - The company has developed an agricultural geographic big data platform to meet the information needs of the agricultural sector[15]. Financial Performance - The company's operating revenue for 2021 was CNY 291,599,438.13, a decrease of 7.08% compared to CNY 313,804,941.96 in 2020[28]. - The net profit attributable to shareholders of the listed company in 2021 was CNY 5,384,992.03, representing a significant decline of 87.07% from CNY 41,647,581.58 in 2020[28]. - The total assets at the end of 2021 amounted to CNY 764,039,720.16, down 5.88% from CNY 811,751,506.38 at the end of 2020[30]. - The company's debt-to-asset ratio (consolidated) was 7.55% at the end of 2021, compared to 6.72% at the end of 2020[30]. - The net cash flow from operating activities in 2021 was negative CNY 40,553,844.65, worsening by 240.55% from negative CNY 11,908,209.97 in 2020[31]. - The weighted average return on net assets (based on net profit attributable to shareholders) was 0.74% in 2021, down from 7.52% in 2020[28]. - The company reported a basic earnings per share of CNY 0.04 in 2021, a decrease of 88.89% from CNY 0.36 in 2020[28]. Shareholder Information - The largest shareholder, Dong Liceng, holds 26,456,980 shares, representing 19.775% of the total shares[177]. - Li Jingyan, the second-largest shareholder, holds 17,067,600 shares, accounting for 12.757% of the total shares[178]. - The total shares held by the top ten shareholders amount to 74,742,000, which is 55.8652% of the total shares[180]. - The number of ordinary shareholders increased to 28,127 during the reporting period[176]. Research and Development - The company employs a dual-driven R&D model, focusing on both technology and market demands for continuous innovation[51]. - R&D expenses amounted to ¥65,455,384.71, an increase of 90.40% year-on-year, primarily due to the expansion of fundraising project construction and increased investment in national map development[60]. - R&D investment increased by 90.40% year-on-year, with an additional RMB 31,077,800 invested compared to the previous period[110]. Risks and Challenges - The company faces risks related to the implementation of fundraising investment projects, including potential delays and market competition changes[12]. - The company is currently fulfilling its commitment regarding employee insurance payments and related penalties[169]. - The company faces market risks associated with technological innovation in the software and information technology services industry, necessitating continuous R&D investment and collaboration with academic institutions[151]. Government and Client Relationships - The company primarily relies on government procurement, with major clients being the Ministry of Natural Resources and the Ministry of Agriculture and Rural Affairs[12]. - The company has provided spatial information technology services to nearly 1,000 government departments, focusing on digital agriculture and rural revitalization[142]. Strategic Initiatives - The company is focused on digital transformation in agriculture, emphasizing the digitization of production factors, processes, and outputs[138]. - The company aims to optimize its main business revenue structure through a "1+4+1" development plan, enhancing its core technology and service capabilities[144]. - The company plans to invest in the construction of a nationwide agricultural map data product system, utilizing remote sensing and drone technology for data acquisition[146]. Stock Repurchase and Dividends - The company plans to repurchase shares using its own funds, with a maximum repurchase price set at 12 RMB per share[166]. - The company distributed a cash dividend of 2 CNY for every 10 shares, with no stock bonus or capital increase[193][195]. - The company reported a positive undistributed profit during the reporting period but did not propose a cash dividend distribution plan[196].

Financial Performance - Operating revenue for the first quarter of 2022 reached RMB 65,134,957.25, representing an 8.05% increase year-on-year[15] - Net profit attributable to shareholders for the first quarter of 2022 was RMB 286,653.96, a decrease of 74.93% compared to the same period last year[15] - The company's net cash flow from operating activities for the first quarter of 2022 was negative RMB 48,304,224.79, a decline of 13.76% year-on-year[15] - Total operating revenue for Q1 2022 was CNY 65,134,957.25, an increase from CNY 60,280,986.85 in Q1 2021, representing an increase of approximately 14.5%[43] - Net profit for Q1 2022 was CNY 286,653.96, down from CNY 1,143,503.72 in Q1 2021, reflecting a decrease of approximately 74.9%[45] - Operating profit for Q1 2022 was CNY 1,257,448.66, a decrease of 36.0% from CNY 1,965,666.66 in Q1 2021[48] - The company reported a total comprehensive income of CNY 1,759,577.64 for Q1 2022, compared to CNY 1,529,081.92 in Q1 2021[49] Assets and Liabilities - Total assets as of March 31, 2022, amounted to RMB 770,372,743.66, reflecting a 0.83% increase compared to the end of the previous year[15] - The company's total liabilities to assets ratio was 8.27% as of March 31, 2022, compared to 7.55% at the end of the previous year[15] - The company's total liabilities as of March 31, 2022, were 63,732,552.93 yuan, up from 57,686,183.39 yuan at the end of 2021[37] - Total liabilities increased to CNY 62,334,852.80 from CNY 55,119,170.73, representing an increase of about 13.5%[41] - The company's cash and cash equivalents decreased to 132,594,094.11 yuan as of March 31, 2022, from 239,319,941.86 yuan as of December 31, 2021[34] - The company reported a significant increase in short-term borrowings, rising to CNY 40,019,119.75 from CNY 17,897,328.22, an increase of approximately 123.5%[41] Shareholder Information - The registered capital of the company is RMB 133,790,000.00[13] - The total number of unrestricted shares increased from 59,658,669 to 87,729,923, representing a rise from 44.59% to 65.57% of total shares[18] - The number of shares held by the controlling shareholder and actual controller increased from 51,895 to 10,881,145, which is 8.13% of total shares[18] - The largest shareholder, Dong Li Cheng, holds 26,456,982 shares, accounting for 19.78% of total shares[19] - The second-largest shareholder, Li Jing Yan, holds 17,067,600 shares, representing 12.76% of total shares[19] - The total number of shares held by the top ten shareholders is 74,692,706, which is 55.83% of total shares[21] Cash Flow and Investment Activities - Cash flow from operating activities showed a net outflow of CNY -48,304,224.79, compared to CNY -42,463,357.59 in the same period last year[50] - Investment activities resulted in a net cash outflow of CNY -79,146,348.78, contrasting with a net inflow of CNY 68,084,138.52 in Q1 2021[51] - Cash inflow from financing activities was $22.12 million, with no previous period comparison available, indicating new borrowing activity[53] - The net increase in cash and cash equivalents was -$123.74 million, a significant decline from a positive increase of $30.35 million in the prior period[53] Research and Development - Research and development expenses increased to CNY 14,753,943.53 in Q1 2022 from CNY 11,033,343.72 in Q1 2021, marking a growth of about 33.0%[44] - Research and development expenses increased to CNY 12,654,123.29, up 34.0% from CNY 9,408,403.78 in the previous year[48] Legal and Compliance - The company has not engaged in any external guarantees or loans during the reporting period[24] - There were no significant legal disputes or investigations affecting the company during the reporting period[24] - The company has fulfilled all previously disclosed commitments in a timely manner[24] - The company has not disclosed any significant litigation or arbitration matters during the reporting period[25]