Financial Performance - For the nine months ended September 30, 2023, the revenue was approximately RMB 71,370,000, a decrease of about 64.8% compared to the same period in 2022[3]. - The net loss attributable to owners for the nine months ended September 30, 2023, was approximately RMB 14,227,000, which is a reduction in loss of about 24.5% compared to RMB 18,836,000 in the same period of 2022[4]. - For the three months ended September 30, 2023, the revenue was approximately RMB 1,435,000, a decline of about 93.9% from RMB 23,501,000 in the same period of 2022[4]. - The gross loss for the nine months ended September 30, 2023, was RMB 9,056,000, compared to a gross profit of RMB 20,580,000 in the same period of 2022[5]. - The total comprehensive loss for the nine months ended September 30, 2023, was RMB 12,575,000, down from RMB 18,066,000 in the same period of 2022[5]. - The basic and diluted loss per share for the nine months ended September 30, 2023, was RMB 3.46, compared to RMB 4.58 for the same period in 2022[7]. - Total revenue for the three months ended September 30, 2023, was RMB 1,435,000, compared to RMB 23,501,000 for the same period in 2022, representing a decrease of approximately 93.9%[17]. - Revenue from system integration services for the nine months ended September 30, 2023, was RMB 58,845,000, down from RMB 179,116,000 in the same period of 2022, a decline of about 67.2%[17]. - The revenue from contracts with customers for the nine months ended September 30, 2023, was RMB 64,774,000, down from RMB 192,451,000 in the same period of 2022, a decline of approximately 66.3%[17]. - The revenue from property management services for the nine months ended September 30, 2023, was RMB 1,749,000, down from RMB 2,391,000 in the same period of 2022, a decrease of approximately 26.9%[17]. Expenses and Costs - The administrative expenses for the nine months ended September 30, 2023, were RMB 15,712,000, a decrease from RMB 25,597,000 in the same period of 2022[5]. - The financing costs for the nine months ended September 30, 2023, were RMB 5,928,000, down from RMB 7,078,000 in the same period of 2022[5]. - Financing costs for the three months ended September 30, 2023, totaled RMB 1,992,000, a slight decrease from RMB 2,062,000 in the same period of 2022, reflecting a reduction of approximately 3.4%[21]. - Interest on bank and other borrowings for the nine months ended September 30, 2023, was RMB 5,856,000, compared to RMB 6,950,000 in the same period of 2022, reflecting a decline of about 15.7%[21]. Corporate Governance and Shareholding - The company did not recommend the payment of any dividends for the nine months ended September 30, 2023[3]. - The company did not recommend the payment of dividends for this period, consistent with the previous year[28]. - As of September 30, 2023, the company has issued a total of 411,000,000 shares, comprising 347,850,000 domestic shares and 63,150,000 H shares[42]. - Mr. Zhu Yongning holds 29.49% of the company's domestic shares and 24.96% of the total equity[35]. - Jiangsu Kenen Electric Technology Co., Ltd. holds 29.06% of the domestic shares and 24.60% of the total equity[38]. - Anhui Jiuxi Industrial Investment Co., Ltd. owns 20.76% of the domestic shares and 17.57% of the total equity[38]. - As of September 30, 2023, there are no other individuals holding 5% or more of the company's shares apart from the disclosed major shareholders[39]. - No directors or their close associates hold any interests in businesses that compete or may compete with the company[40]. - The audit committee, consisting of three independent non-executive directors, reviewed and approved the financial reports for the third quarter[44]. - The company is committed to maintaining high standards of corporate governance and has adopted a governance code to ensure transparency and effective risk control[43]. Future Outlook and Business Strategy - The company continues to focus on the development of new products and technologies, particularly in online education, integrating AI and VR to enhance interactive teaching experiences[32]. - The company is actively pushing for the acceptance and settlement of ongoing key projects to ensure performance for the year[31]. - The company is exploring new business opportunities through its investment in Nanjing Zhonggao Intellectual Property Co., which is providing customized services to key clients[33]. - The overall economic recovery trend in China is expected to provide new opportunities for the company's development[34]. - The company is committed to strengthening its existing smart business platforms and enhancing its professional capabilities to capture potential growth opportunities[34]. Regulatory Compliance - The company has applied revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position and performance for the current and prior years[14]. - The company has not early adopted new and revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, indicating a cautious approach to regulatory changes[15]. - The company expects that the application of new and revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future[15]. Taxation - The estimated corporate income tax for subsidiaries in China is calculated at either 15% or 25% based on taxable profits for the period ending September 30, 2023[23]. - The company has obtained the High-tech Enterprise Certificate in China, allowing it to enjoy a preferential tax rate of 15% for three years starting from 2020[23]. Other Information - The company has not purchased, sold, or redeemed any listed securities during the nine months ending September 30, 2023[45]. - The company has not disclosed any new product developments or market expansion strategies in the current report[43].

JIANGSU NANDASOFT TECHNOLOGY COMPANY LIMITED* 江蘇南大蘇富特科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股票代號：8045） 第三季度業績公佈 （截至二零二三年九月三十日止九個月） 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的公司提供 一個上市的市場。有意投資的人士應瞭解投資於該等公司的潛在風險，並應經過 審慎周詳的考慮後方作出投資決定。GEM 的較高風險及其他特色表示GEM 較適 合專業及其他老練投資者。 由於GEM 上市公司新興的性質所然，在GEM 買賣的證券可能會較於主板買賣之 證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的 市場。 香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 本公佈（江蘇南大蘇富特科技股份有限公司各董事願共同及個別對此負全責）乃 遵照GEM 證券上市規則的規定而提供有 ...

Financial Performance - For the six months ended June 30, 2023, the revenue was approximately RMB 69,935,000, a decrease of about 60.9% compared to the same period in 2022[3] - The net loss attributable to the owners of the company for the six months ended June 30, 2023, was approximately RMB 10,122,000, which is a reduction in loss of about 26.4% compared to the same period in 2022[3] - The gross profit for the six months ended June 30, 2023, was RMB 9,080,000, down from RMB 17,007,000 in the same period of 2022, reflecting a significant decline[6] - The company reported a total comprehensive loss of RMB 9,290,000 for the six months ended June 30, 2023, compared to RMB 13,018,000 for the same period in 2022[8] - Total revenue for the six months ended June 30, 2023, was RMB 69,935,000, a decrease of 61.0% compared to RMB 179,035,000 for the same period in 2022[24] - The company reported a pre-tax loss of RMB 10,122,000 for the six months ended June 30, 2023, compared to a loss of RMB 13,746,000 for the same period in 2022[33] - The company reported a total comprehensive loss of RMB 13,746 thousand for the six months ended June 30, 2023, compared to a loss of RMB 13,080 thousand in the same period of 2022[13] Assets and Liabilities - The total assets as of June 30, 2023, were RMB 1,067,472,000, a decrease from RMB 1,079,700,000 as of December 31, 2022[9] - The total liabilities as of June 30, 2023, were RMB 888,584,000, slightly down from RMB 891,522,000 as of December 31, 2022[11] - The company’s non-current assets totaled RMB 408,516,000 as of June 30, 2023, a slight decrease from RMB 412,155,000 as of December 31, 2022[9] - The company’s trade payables as of June 30, 2023, were RMB 221,757,000, a decrease from RMB 225,430,000 as of December 31, 2022[37] - The group’s total assets as of June 30, 2023, were approximately RMB 658,956,000, with current liabilities of approximately RMB 648,172,000, resulting in a debt-to-asset ratio of about 18.6%[42][43] Cash Flow and Capital - The cash and cash equivalents as of June 30, 2023, were RMB 33,898,000, down from RMB 44,050,000 as of December 31, 2022[9] - Operating cash flow for the six months ended June 30, 2023, was RMB 12,437 thousand, a significant improvement from a cash outflow of RMB 50,009 thousand in the same period of 2022[12] - The net decrease in cash and cash equivalents for the six months ended June 30, 2023, was RMB 10,152 thousand, compared to a decrease of RMB 50,009 thousand in the prior year[12] - The cash and cash equivalents at the end of June 30, 2023, stood at RMB 33,898 thousand, down from RMB 93,906 thousand at the end of June 30, 2022[12] - The company’s initial cash and cash equivalents balance was RMB 44,050 thousand at the beginning of the period, compared to RMB 143,915 thousand at the start of the previous year[12] Shareholder Information - As of June 30, 2023, the company has issued a total of 411,000,000 shares, comprising 347,850,000 domestic shares and 63,150,000 H shares[56] - Mr. Zhu Yongning holds a 29.49% equity interest in the company, representing 102,597,967 domestic shares[55] - Jiangsu Kenen Electric Technology Co., Ltd. holds 101,100,000 domestic shares, accounting for 29.06% of the domestic shares[58] - As of June 30, 2023, there are no other individuals holding 5% or more equity interests in the company apart from the disclosed directors and major shareholders[59] Corporate Governance - The company has maintained compliance with the GEM Listing Rules regarding corporate governance, with a commitment to transparency and risk management[63] - The audit committee, consisting of three independent non-executive directors, reviewed and approved the interim results for the six months ending June 30, 2023[64] - The board consists of nine members, including two executive directors and three independent non-executive directors[66] - The report confirms that all information is accurate, complete, and free from misleading or fraudulent elements[66] - The report adheres to the GEM listing rules and provides relevant information about the company[66] - The board is committed to maintaining high standards of corporate governance[66] Business Operations - The company plans to leverage its academic resources from Nanjing University to explore new business opportunities and enhance its service offerings in smart transportation, remote education, and intellectual property transactions[54] - The company has no significant investments, acquisitions, or disposals during the reporting period[44] - The company has no pledged assets as of June 30, 2023, maintaining a clean balance sheet[45] - The company has no securities transactions involving the purchase, sale, or redemption of its listed securities during the six months ending June 30, 2023[65] - The company has no directors or their close associates holding interests in any competing businesses[60] Employee Information - The company employed 250 staff as of June 30, 2023, with total salary costs amounting to approximately RMB 14,300,000, a decrease from RMB 14,990,000 in the previous year[48] Revenue Breakdown - Revenue from system integration services for the six months ended June 30, 2023, was RMB 58,050,000, down 64.9% from RMB 165,162,000 in the same period last year[24] - Revenue from computer hardware and software products for the three months ended June 30, 2023, was RMB 2,206,000, an increase of 242.6% compared to RMB 645,000 for the same period in 2022[24] Tax and Financing - The company’s financing costs for the six months ended June 30, 2023, totaled RMB 3,936,000, down 21.6% from RMB 5,016,000 in the same period last year[28] - The company’s tax expense for the six months ended June 30, 2023, was RMB 50,000, compared to RMB 103,000 for the same period in 2022[32] - The company has a tax rate of 15% for qualifying high-tech enterprises, effective since 2020, compared to the standard rate of 25%[31] Losses and Reserves - The company’s accumulated losses increased to RMB 531,199 thousand as of June 30, 2023, from RMB 511,334 thousand as of June 30, 2022[13] - The company’s capital reserve as of June 30, 2023, was RMB 501,769 thousand, unchanged from the previous year[13] - The sales and distribution expenses decreased by approximately 78.9% compared to the previous year, contributing to the reduction in losses[41]

JIANGSU NANDASOFT TECHNOLOGY COMPANY LIMITED* 江蘇南大蘇富特科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股票代號：8045） 中期業績公佈 （截至二零二三年六月三十日止六個月） 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公 司提供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在風險，並 應經過審慎周詳的考慮後方作出投資決定。 由於GEM 上市公司普遍為中小型公司，在GEM 買賣的證券可能會較於主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量 的市場。 香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 本公佈（江蘇南大蘇富特科技股份有限公司各董事願共同及個別對此負全責）乃 遵照GEM 證券上市規則的規定而提供有關江蘇南大蘇富特科技股份有限公司的 資料。各董事經作出一切合理查詢 ...

Financial Performance - The total revenue for the year 2022 was RMB 310.8 million, a decrease of approximately RMB 223.8 million compared to 2021[11]. - The net loss attributable to the parent company was approximately RMB 22.6 million for the year 2022[11]. - The group's revenue for the year ended December 31, 2022, was approximately RMB 310.8 million, a decrease of about RMB 223.8 million compared to 2021[17]. - The total operating revenue for the year was RMB 310.8 million, with a pre-tax loss of RMB 27.9 million, and a net loss attributable to shareholders of RMB 22.6 million[54]. - The gross profit margin increased from 12.4% in 2021 to 15.9% in 2022 due to strict control of sales costs[17]. - The loss attributable to shareholders was approximately RMB 22.6 million, a reduction of about RMB 17.4 million or 43.4% compared to 2021[17]. - The company reported a net loss of RMB 27,634,000 for 2022, an improvement from a net loss of RMB 39,452,000 in 2021[178]. - The pre-tax loss for the year 2022 was RMB 27,909,000, a significant improvement from a loss of RMB 39,162,000 in 2021, representing a reduction of approximately 29%[187]. - The basic and diluted loss per share improved to RMB 5.51 in 2022 from RMB 9.73 in 2021[178]. Assets and Liabilities - As of December 31, 2022, current assets were approximately RMB 667.5 million, with cash and cash equivalents around RMB 44.1 million[18]. - The total assets of the group as of December 31, 2022, amounted to RMB 1,079.7 million, with total liabilities of RMB 891.5 million, resulting in a debt-to-asset ratio of 20.5%[54]. - The group's net asset value was approximately RMB 188.2 million, a decrease of RMB 24.0 million or about 11.3% from 2021[18]. - Total assets decreased to RMB 1,079,700,000 in 2022 from RMB 1,212,992,000 in 2021, a decline of 11%[179]. - Total liabilities decreased to RMB 891,522,000 in 2022 from RMB 1,000,853,000 in 2021, a reduction of 11%[182]. - The company's equity attributable to owners decreased to RMB 120,205,000 in 2022 from RMB 139,166,000 in 2021, a decline of 14%[182]. Cash Flow and Investments - Cash and cash equivalents dropped significantly to RMB 44,050,000 in 2022 from RMB 143,915,000 in 2021, a decrease of 69%[179]. - The net cash used in operating activities for 2022 was RMB 18,784,000, compared to RMB 34,275,000 in 2021, indicating a 45% improvement in cash flow management[187]. - The net cash used in investing activities was RMB 13,000, compared to a cash outflow of RMB 1,494,000 in 2021, showing a recovery in investment activities[190]. - The net cash used in financing activities increased to RMB 84,804,000 in 2022 from RMB 1,139,000 in 2021, primarily due to the repayment of other borrowings[190]. - The total cash and cash equivalents decreased by RMB 103,575,000 in 2022, compared to a decrease of RMB 36,908,000 in 2021, reflecting tighter liquidity conditions[190]. - The company did not make any investments in joint ventures in 2022, compared to an investment outflow of RMB 1,000,000 in 2021, suggesting a strategic pause in joint venture activities[190]. Corporate Governance - The board of directors has proposed not to distribute a final dividend for the year ending December 31, 2022[11]. - The company has established compliance procedures to ensure adherence to applicable laws and regulations[55]. - The company has established three board committees: audit committee, nomination committee, and remuneration committee, each with defined responsibilities[102]. - The company has adopted a code of conduct for securities trading by directors and supervisors, ensuring compliance with GEM listing rules[89]. - The company is committed to maintaining good corporate governance and has complied with the GEM Corporate Governance Code, except for a deviation from rule A.2.1[88]. - The board is responsible for risk management and internal control systems, ensuring their effectiveness[97]. - The board has a structured approach to corporate governance, including reviewing policies and compliance with legal and regulatory requirements[130]. - The company emphasizes the importance of investor relations and communication, utilizing various channels such as press conferences and seminars to engage with analysts and fund managers[117]. Strategic Goals and Market Position - The company aims to leverage big data, blockchain, artificial intelligence, and the Internet of Things as core strategic goals to empower various industries[9]. - In the smart transportation sector, the company is actively expanding its business network and establishing itself as a benchmark in the industry[10]. - The company plans to actively integrate into the economic recovery trajectory and explore broader development space in the digital economy[12]. - The company plans to continue promoting business innovation and transformation, focusing on the integration of the internet in various fields[36]. Human Resources - The total employee compensation for the year was approximately RMB 26.9 million, down from RMB 37.0 million in 2021[25]. - The number of employees decreased from 272 to 265 during the year[26]. - The company has three senior management personnel earning up to RMB 300,000 and one earning between RMB 300,001 and RMB 500,000 as of December 31, 2022[132]. Audit and Financial Reporting - The company is responsible for preparing consolidated financial statements in accordance with Hong Kong Financial Reporting Standards and the Companies Ordinance[168]. - The auditor's goal is to obtain reasonable assurance that the consolidated financial statements are free from material misstatement[170]. - The auditor identified and assessed risks of material misstatement in the consolidated financial statements and designed audit procedures accordingly[171]. - The auditor's report includes communication of significant audit findings and any major deficiencies in internal controls identified during the audit[174]. - The company must ensure that disclosures in the financial statements are adequate to avoid non-unqualified opinions from the auditor[176].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 JIANGSU NANDASOFT TECHNOLOGY COMPANY LIMITED* 江蘇南大蘇富特科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股票代號：8045） 截至二零二二年十二月三十一日止年度之 經審核全年業績公佈及恢復買賣 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公 司提供一個上市的市場。有意投資的人士應瞭解投資於該等公司的潛在風險，並 應經過審慎周詳的考慮後方作出投資決定。 由於GEM 上市公司普遍為中小型公司，在GEM 買賣的證券可能會較於主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量 的市場。 本公佈乃遵照聯交所GEM證券上市規則（「GEM券上市規則」）的規定而提供有關 江蘇南大蘇富特科技股份有限公司（「本公司」）的資料，本公司董事（「董事」）願 就 ...

Financial Performance - The company's revenue for the first quarter of 2023 was approximately RMB 38,687,000, a decrease of about RMB 104,681,000 or approximately 73.0% compared to the same period in 2022[4] - The net loss attributable to the owners of the company for the first quarter of 2023 was approximately RMB 6,889,000, a reduction in loss of about RMB 3,311,000 or approximately 32.5% compared to the same period in 2022[4] - The gross profit for the first quarter of 2023 was RMB 6,063,000, down from RMB 12,911,000 in the same period of 2022[6] - Revenue from computer hardware and software sales was RMB 1,974,000, down from RMB 4,439,000 in the same period of 2022[15] - Revenue from system integration services was RMB 32,209,000, a significant decrease from RMB 134,120,000 in the same period of 2022[15] - Total income from customer contracts was RMB 34,962,000, compared to RMB 139,484,000 in the same period of 2022[15] - The financing costs for the first quarter of 2023 were RMB 1,960,000, down from RMB 2,669,000 in the same period of 2022[15] - The basic and diluted loss per share for the first quarter of 2023 was RMB 1.68, compared to RMB 2.48 in the same period of 2022[6] - The company reported a total comprehensive loss of RMB 6,932,000 for the first quarter of 2023, compared to RMB 10,093,000 in the same period of 2022[7] - For the three months ended March 31, 2023, the company's consolidated revenue was approximately RMB 38,687,000, a decrease of about RMB 104,681,000 or approximately 73.0% compared to the same period last year[22] - The loss attributable to equity holders for the same period was approximately RMB 6,889,000, a reduction of about RMB 3,311,000 or approximately 32.5% compared to the previous year[22] - The company's income tax expense for the three months ended March 31, 2023, was RMB 25,000, significantly lower than RMB 90,000 for the same period in 2022[18] - The gross profit margin increased by 74.1% during the first quarter of 2023[22] Dividend Policy - The company did not recommend the payment of dividends for the first quarter of 2023[5] - The company did not recommend the payment of dividends for the three months ended March 31, 2023, consistent with the previous year[21] Strategic Focus - The company continues to strengthen its strategic deployment in the smart transportation sector despite project delays caused by the COVID-19 pandemic[24] - The company plans to leverage its research advantages and expand its business in intellectual property trading, smart education, and smart transportation[28] Shareholder Information - As of March 31, 2023, Jiangsu Nandasoft Technology has issued a total of 411,000,000 shares, comprising 347,850,000 domestic shares and 63,150,000 H shares[38] - Jiangsu Kenen Power Technology holds 101,100,000 domestic shares, representing 29.06% of the total domestic shares and 24.60% of the total shares[38] - Anhui Jiuxi Industrial Investment holds 74,199,122 domestic shares, accounting for 20.76% of the domestic shares and 17.57% of the total shares[38] - The largest shareholder, Jiangsu Kenen Power Technology, is controlled by Mr. Zhu Yongning, who holds 90% of its shares[38] - The company has a total of 30,000,000 shares held by Fuki Investment Limited, representing 8.62% of the total shares[38] Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed and approved the financial reports for the first quarter ending March 31, 2023[41] - The company has adopted a code of conduct for securities trading by directors and supervisors, ensuring compliance with the GEM Listing Rules[39] - Jiangsu Nandasoft Technology aims to maintain high governance standards to enhance long-term value for shareholders[40] - The company has no competing interests held by its directors or controlling shareholders[37] Operational Highlights - The online and offline services of the university intellectual property trading platform served 18,370 enterprises in the first quarter[26] - The registered users of the intellectual property management and service system exceeded 28,400 in the first quarter[26] - The company has not purchased, sold, or redeemed any listed securities during the three months ending March 31, 2023[42] - The company has been granted a high-tech enterprise certificate, allowing it to enjoy a reduced corporate income tax rate of 15% for three years starting from 2020[4]

JIANGSU NANDASOFT TECHNOLOGY COMPANY LIMITED* 江蘇南大蘇富特科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股票代號：8045） 第一季度業績公佈 （截至二零二三年三月三十一日止三個月） 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM 乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市 的市場。有意投資者應瞭解投資於該等公司的潛在風險，並應經過審慎周詳考慮 後方作出投資決定。 由於GEM 上市公司普遍為中小型公司，在GEM 買賣的證券可能會較於聯交所主 板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM買賣的證券會有 高流通量的市場。 香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 本公佈（江蘇南大蘇富特科技股份有限公司各董事願共同及個別對此負全責）乃 遵照GEM 證券上市規則的規定而提供有關江蘇南大蘇富特科技股份有限公司的 資料。各董事經作出一切合理查詢後，確 ...

Financial Performance - For the nine months ended September 30, 2022, the revenue was approximately RMB 202,536,000, a decrease of about 45.4% compared to the same period in 2021[5]. - The net loss attributable to the owners of the company for the nine months ended September 30, 2022, was approximately RMB 18,836,000, an increase in loss of about 108.4% compared to the same period in 2021[6]. - For the three months ended September 30, 2022, the revenue was approximately RMB 23,501,000, a decrease of about 78.6% compared to the same period in 2021[6]. - The gross profit for the nine months ended September 30, 2022, was RMB 20,580,000, down from RMB 51,007,000 in the same period of 2021[7]. - The basic and diluted loss per share for the nine months ended September 30, 2022, was RMB (1.24), compared to RMB (0.40) for the same period in 2021[9]. - The total comprehensive loss for the nine months ended September 30, 2022, was RMB (18,066,000), compared to RMB (2,692,000) for the same period in 2021[9]. - The company reported a total revenue decline of approximately RMB 168,472,000 for the nine months ended September 30, 2022, compared to the previous year[6]. - The total revenue for the nine months ended September 30, 2022, was RMB 192,451 thousand, compared to RMB 360,804 thousand for the same period in 2021, indicating a decrease of approximately 46.6%[22]. - For the three months and nine months ended September 30, 2022, the company's consolidated revenue was RMB 23,501,000 and RMB 202,536,000, representing a decrease of approximately RMB 86,101,000 (78.6%) and RMB 168,472,000 (45.4%) compared to the same periods in 2021[38]. - The company reported a loss attributable to ordinary equity holders of approximately RMB 5,091,000 for the three months and RMB 18,836,000 for the nine months ended September 30, 2022, which is an increase in loss of approximately RMB 3,435,000 (207.4%) and RMB 9,799,000 (108.4%) compared to the same periods in 2021[38]. - The gross profit margin decreased from RMB 51.0 million for the three months ended September 30, 2021, to RMB 20.6 million for the same period in 2022, a reduction of 26.1%[38]. Administrative Expenses - The company experienced a significant increase in administrative expenses, which totaled RMB (7,096,000) for the nine months ended September 30, 2022, compared to RMB (6,672,000) in the same period of 2021[7]. - Administrative expenses were reduced by 37.5% compared to the same period in 2021, as the company implemented strict cost control measures[39]. Dividend Policy - The board of directors did not recommend the payment of any dividends for the nine months ended September 30, 2022[5]. - The company does not recommend the payment of dividends for the current period, consistent with the previous year[37]. Financial Reporting Standards - The company’s financial statements are prepared in accordance with Hong Kong Financial Reporting Standards[12]. - The company applied revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position or performance for the current and prior years[15]. - The company expects that the application of new and revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future[21]. - The company has not early adopted any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective[16]. Business Strategy and Market Position - The company continues to focus on maintaining its market position as a software development supplier in China while actively exploring new business opportunities[40]. - The company is preparing for future development opportunities by enhancing its technical reserves and optimizing collection strategies with existing clients[42]. - Jiangsu Zhiya Online Education Co., Ltd. is intensifying new product development to meet the needs of vocational colleges, integrating resources from within and outside the education park[43]. - The company is leveraging technologies such as artificial intelligence and VR to enhance the interactive teaching experience of remote courses, receiving positive market feedback[43]. - The company is focusing on product development for government and higher education sectors, improving user experience and aligning more precisely with user needs[44]. - The company aims to continuously adjust and optimize its business strategy to explore broader development opportunities in the new economic landscape[45]. Shareholder Information - As of September 30, 2022, the company had issued a total of 411,000,000 shares, comprising 347,850,000 domestic shares and 63,150,000 H shares[47]. - Mr. Zhu Yongning holds 102,597,967 domestic shares, representing 29.49% of the domestic shares and 24.96% of the total equity[47]. - Jiangsu Kenen Electric Power Technology Co., Ltd. holds 101,100,000 domestic shares, accounting for 29.06% of the domestic shares and 24.60% of the total equity[53]. - Jiangsu NandaSoft Technology Company Limited's major shareholder, Jiangsu Kenen Electric Technology Co., Ltd., holds 101,100,000 domestic shares, representing a significant ownership stake[55]. Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and risk management[61]. - As of September 30, 2022, the company has complied with the GEM Listing Rules, except for a minor deviation in corporate governance code A.2.1[59]. - The company emphasizes maintaining high corporate governance standards to enhance transparency and risk control, aiming to deliver long-term value to shareholders[59]. - No purchases, sales, or redemptions of the company's listed securities were made by the company or its subsidiaries during the nine months ending September 30, 2022[62]. Economic Environment - The overall economic downturn is showing signs of stabilization, with favorable policies injecting momentum into economic growth, although uncertainties remain dominant[45]. - The company plans to deepen its research on industry development trends and increase market demand research efforts to adapt to the new economic environment[45]. Revenue Recognition Challenges - Jiangsu Changtian Zhiyuan Traffic Technology Co., Ltd. faced significant revenue recognition challenges due to COVID-19, impacting project progress and overall performance[38].

Financial Performance - For the six months ended June 30, 2022, the company's revenue was approximately RMB 179,035,000, a decrease of about 31.5% compared to the same period in 2021[5]. - The net loss attributable to the owners of the company for the six months ended June 30, 2022, was approximately RMB 13,746,000, representing an increase in loss of about 86.2% compared to the same period in 2021[5]. - For the three months ended June 30, 2022, the company's revenue was approximately RMB 35,666,000, a decrease of about 74.5% compared to the same period in 2021[6]. - The gross profit for the six months ended June 30, 2022, was approximately RMB 17,007,000, down from RMB 32,225,000 in the same period of 2021[7]. - The company reported a total comprehensive loss of RMB 13,018,000 for the six months ended June 30, 2022, compared to RMB 4,158,000 for the same period in 2021[9]. - The company experienced a significant decline in sales and increased losses, indicating challenges in its operational performance during the reporting period[6]. - The company reported a loss attributable to equity holders of RMB 13,746,000 for the three months ended June 30, 2022, compared to a loss of RMB 7,381,000 for the same period in 2021[37]. Assets and Liabilities - The total assets as of June 30, 2022, were approximately RMB 1,197,109,000, a decrease from RMB 1,212,992,000 as of December 31, 2021[10]. - The total liabilities as of June 30, 2022, were approximately RMB 656,166,000, compared to RMB 659,009,000 as of December 31, 2021[10]. - Total liabilities decreased to RMB 997,988 thousand as of June 30, 2022, compared to RMB 1,000,853 thousand as of December 31, 2021, representing a reduction of approximately 0.87%[12]. - Net assets decreased to RMB 199,121 thousand as of June 30, 2022, down from RMB 212,139 thousand as of December 31, 2021, reflecting a decline of about 6.14%[12]. - The total equity attributable to owners of the company was RMB 126,086 thousand as of June 30, 2022, compared to RMB 139,166 thousand as of December 31, 2021, marking a decrease of approximately 9.4%[12]. - The company's total liabilities amounted to RMB 656,166,000, primarily consisting of trade payables and contract liabilities[49]. - The company's debt-to-asset ratio was approximately 24.9% as of June 30, 2022[50]. Cash Flow and Financial Activities - Cash flow from operating activities for the six months ended June 30, 2022, was negative RMB 49,663 thousand, an improvement from negative RMB 57,612 thousand in the same period of 2021, indicating a reduction in cash outflow of approximately 13.4%[13]. - Cash and cash equivalents decreased to RMB 93,906 thousand at the end of June 30, 2022, down from RMB 121,032 thousand at the end of June 30, 2021, representing a decrease of about 22.4%[13]. - The company reported a net decrease in cash and cash equivalents of RMB 50,009 thousand for the six months ended June 30, 2022, compared to a decrease of RMB 60,199 thousand in the same period of 2021, showing an improvement of about 16.5%[13]. - The company’s financing activities generated a cash outflow of RMB 220 thousand for the six months ended June 30, 2022, compared to RMB 2,000 thousand in the same period of 2021, reflecting a significant reduction in cash outflow of approximately 89%[13]. Revenue Breakdown - Revenue from customer contracts for the three months ended June 30, 2022, was RMB 32,185,000, a decrease of 76.4% compared to RMB 136,433,000 for the same period in 2021[25]. - Revenue from computer hardware and software products for the six months ended June 30, 2022, was RMB 5,083,000, an increase of 32.4% compared to RMB 3,839,000 for the same period in 2021[25]. - System integration services revenue for the six months ended June 30, 2022, was RMB 165,162,000, a decrease of 33.7% compared to RMB 249,290,000 for the same period in 2021[25]. - Total revenue for the six months ended June 30, 2022, was RMB 171,669,000, down 32.5% from RMB 254,419,000 in the same period of 2021[25]. Corporate Governance and Compliance - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2022[5]. - The company did not declare an interim dividend for the period, consistent with the previous year[47]. - The company has adopted a code of conduct for securities trading by directors and supervisors, ensuring compliance with GEM listing rules[72]. - The audit committee, consisting of three independent non-executive directors, reviewed and approved the interim results for the six months ending June 30, 2022[75]. - The company emphasizes the importance of corporate governance to enhance transparency and risk control, aiming for long-term value creation for shareholders[73]. Strategic Initiatives - The company aims to leverage research and technology from Nanjing University to expand in smart transportation, remote education, and intellectual property trading in the second half of the year[63]. - The company is committed to continuous innovation and strategic cooperation to seek new development opportunities[63]. - The company has not engaged in any significant investments, acquisitions, or disposals during the reporting period[51]. Shareholder Information - As of June 30, 2022, the company has issued a total of 3,288,000,000 shares, comprising 2,782,800,000 domestic shares and 505,200,000 H shares[65]. - Mr. Zhu Yongning holds 29.49% of the company's ordinary shares, equating to 820,783,735 shares, representing 24.96% of the total equity[64]. - Jiangsu Kenen Electric Power Technology Co., Ltd. holds 808,800,000 domestic shares, representing 29.06% of the domestic shares[68]. - Anhui Jiuxi Industrial Investment Co., Ltd. owns 577,592,975 domestic shares, accounting for 20.76% of the domestic shares[68]. - The company completed a share consolidation and capital reduction on July 13, 2022, resulting in a total of 411,000,000 shares and registered capital of 41.1 million RMB[70].