Financial Performance - The net cash flow from operating activities for the reporting period was ¥419,721,073.43, a significant increase of 653.63% compared to ¥55,693,015.80 in the previous period[11]. - The net cash flow from investing activities was -¥222,423,513.03, a decrease of 137.75% from ¥589,190,088.18 in the previous period[11]. - The net cash flow from financing activities was -¥1,052,810,335.06, which is a 97.16% increase compared to -¥533,975,425.20 in the previous period[11]. - The company reported a significant increase in cash flow from operating activities due to the recovery of large advance payments, which was not present in the same period last year[67]. - The net cash flow from investing activities decreased as there were no disposals of subsidiary real estate businesses this period, unlike the previous year, and new investments were made[67]. - The company faced an increase in asset disposal losses compared to the same period last year, affecting overall financial performance[67]. - The company reported a significant reliance on its top five suppliers, which accounted for 86.17% of total annual purchases, with no purchases from related parties[143]. - The company reported a significant increase in costs related to property leasing, with CNY 135,806.60 million attributed to depreciation and amortization, accounting for 52.79% of total costs[49]. - The company reported a net profit attributable to shareholders of the listed company for 2022 was a loss of RMB 323.1073 million[96]. Investment and Projects - The company completed multiple residential projects in Beijing and Tianjin, with total investment amounts ranging from ¥88,537 to ¥320,228 across various projects[17]. - The company established a wholly-owned subsidiary with an investment of ¥500 million to enhance its operational capabilities[30]. - The company has made significant investments in private equity funds, totaling CNY 13,448.00 million, with a fair value change of CNY 15,462.04 million during the reporting period[45]. - The company is focusing on strategic acquisitions to enhance its business portfolio, as evidenced by the recent acquisition of Chengdu Zhirong[68]. - The company plans to strategically reduce traditional real estate operations while focusing on digital technology as a driving force for future growth[47]. - The company plans to establish a wholly-owned subsidiary, reflecting a strategic shift towards telecommunications and digital technology, including 5G and low-orbit satellite communications[108]. Revenue and Sales - The total area available for sale in Beijing Huairou District's Wanto Huairou New Home is 114,072.89 square meters, with 3,033.55 square meters sold, generating revenue of CNY 7,764.05 million[37]. - Revenue from the Beijing region increased due to a rise in sales area compared to the previous year, while revenue from the Tianjin region decreased due to multiple projects being in the final stages[68]. - Real estate sales revenue decreased by 68.45% to ¥188,296,242.26, with a gross margin increase of 10.56 percentage points to 44.82%[130]. - The residential segment's revenue decreased by 43.77% to ¥167,400,142.36, while its gross margin increased by 23.98 percentage points to 47.70%[130]. - The revenue from the East China region decreased compared to the previous year, mainly due to a downturn in the Hangzhou market and increased competition, affecting office and shop sales[48]. Expenses and Costs - Sales expenses decreased by 56.59% to ¥47,073,645.26 from ¥108,435,915.31 in the previous year[29]. - Management expenses decreased by 8.69% to ¥143,770,570.25 from ¥157,444,919.93 in the previous year[29]. - Research and development expenses increased by 100% to ¥3,027,507.95, indicating a renewed focus on innovation[29]. - The main business cost for real estate sales decreased by 73.52% to CNY 103,893.09 million compared to the previous year, primarily due to a reduction in costs aligned with revenue[49]. Governance and Compliance - The company emphasizes the management of insider information and compliance awareness among executives and employees to prevent insider trading[55]. - The company is committed to ongoing training and education for its staff to maintain high standards of compliance and ethical conduct[55]. - The company has implemented measures to ensure the independence of its operations and management from its controlling shareholders[56]. - The company is focused on enhancing its compliance and governance structures to align with regulatory requirements[55]. - The company has a diverse board of directors and management team with extensive experience in finance, real estate, and corporate governance[60]. Shareholder and Board Activities - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to RMB 17.0754 million (pre-tax)[96]. - The company held its 2021 Annual General Meeting on May 6, 2022, where several resolutions were passed, including the approval of the 2021 annual report and financial statements[56]. - The company conducted its first extraordinary general meeting of 2022 on June 30, 2022, where a proposal to provide guarantees for wholly-owned subsidiaries was approved[57]. - The second extraordinary general meeting of 2022 took place on November 14, 2022, where a resolution to change the independent director of the eighth board was passed[57]. - The company held 11 board meetings in 2022, with 9 conducted in a hybrid format and 2 via communication methods[106]. - The company’s independent directors participated fully in board meetings, with no instances of consecutive absences[105]. Future Plans and Strategic Direction - The company has plans for future expansions and potential acquisitions to strengthen its market position[60]. - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[67]. - The company’s strategic direction has evolved since the investment by GLP Capital Investment 4 (HK) Limited, indicating a shift in business focus[108]. Internal Control and Audit - The company has established a comprehensive internal control system, achieving its expected internal control objectives without any significant deficiencies during the reporting period[135]. - The internal control audit report received a standard unqualified opinion, indicating effective internal control implementation[123]. - Deloitte Huayong CPA was appointed for the 2022 internal control audit, confirming effective financial reporting internal controls as of December 31, 2022[147]. - The audit fee for Deloitte Huayong CPA is RMB 2,000,000, covering both financial statement and internal control audits[158]. Share Repurchase and Dividends - The company implemented a share buyback totaling RMB 668.9445 million, which accounted for -207.03% of the net profit attributable to ordinary shareholders in 2022[115]. - The company plans to repurchase shares using self-owned funds not less than RMB 1.5 billion and not exceeding RMB 3 billion, with a repurchase price not exceeding RMB 15.16 per share, within a 12-month period[180]. - The company approved a share repurchase plan on April 26, 2022, using self-owned funds not less than RMB 4 billion and not exceeding RMB 8 billion, with a repurchase price not exceeding RMB 13.88 per share, within a 3-month period[181]. - The company will not distribute profits or conduct capital reserve transfers in 2022, prioritizing funding for operational and investment needs[115]. - The cash dividend policy stipulates that at least 15% of the net profit will be distributed to shareholders in cash if the company is profitable and has positive retained earnings[128].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 126,903,487.50, representing a 92.17% increase compared to the same period last year[8]. - The net profit attributable to shareholders of the listed company was CNY -27,197,354.82, a decrease of 26.41% year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -34,591,720.44, down 24.47% year-on-year[8]. - The company reported a basic earnings per share of CNY -0.0145, reflecting a 23.68% decrease year-on-year[8]. - Net profit for the quarter was -27,914,190.68, an improvement from -37,362,367.46 in the previous period, indicating a reduction in losses by approximately 25.5%[32]. - Total revenue decreased to -23,892,791.97 from -31,774,851.80, reflecting a year-over-year improvement of about 25.5%[32]. - Basic earnings per share improved to -0.0145 from -0.0190, showing a positive trend in earnings performance[33]. Cash Flow - The net cash flow from operating activities was CNY 957,354.17, an increase of 102.87% compared to the previous year[8]. - In Q1 2023, the company reported cash inflows from operating activities of CNY 129,544,904.87, a significant increase of 53.5% compared to CNY 84,291,067.97 in Q1 2022[48]. - The net cash flow from operating activities turned positive at CNY 957,354.17, recovering from a negative CNY 33,360,119.78 in the same period last year[49]. - The company reported a net increase in cash and cash equivalents of CNY 129,881,195.50, compared to a decrease of CNY 221,763,255.41 in Q1 2022[52]. - The total cash outflow from operating activities was CNY 128,587,550.70, which is an increase from CNY 117,651,187.75 in Q1 2022[49]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,563,386,723.72, a slight increase of 0.47% from the end of the previous year[8]. - The total liabilities rose to 3,203,429,162.64 from 3,130,445,231.95, reflecting an increase of approximately 2.4%[43]. - The company’s total equity decreased slightly to 6,359,957,561.08 from 6,388,618,014.64, indicating a marginal decline of about 0.4%[43]. - Cash and cash equivalents as of March 31, 2023, amounted to ¥1,923,970,230.13, an increase from ¥1,794,089,031.89 at the end of 2022[26]. - Inventory as of March 31, 2023, was ¥1,069,749,518.91, down from ¥1,128,748,728.55 at the end of 2022, indicating a decrease of 5.2%[26]. Shareholder Information - The number of common shareholders at the end of the reporting period was 39,606, with the top ten shareholders holding a combined 57.19% of the shares[24]. - The largest shareholder, 嘉华东方控股（集团）有限公司, holds 31.64% of the shares, totaling 649,799,141 shares[24]. - The top ten shareholders and the top ten unrestricted shareholders have been involved in margin financing and securities lending activities[25]. Investment and R&D - Research and development expenses amounted to 660,010.28, with no previous period data available, indicating a focus on innovation[32]. - The company reported a significant increase in investment income to 5,552,368.05 from 1,220,159.99, marking a growth of approximately 354.5%[32]. Operational Metrics - The company achieved a total contracted sales area of 3,757.92 million in Q1 2023, with a total rental income of CNY 5,190.51 million from a contracted rental area of 130,300 square meters[21]. - The rental rate for the Beijing office building was 86%, while the rental rate for the Shanghai office building was 53%[11]. - Total operating costs for Q1 2023 were ¥166,255,464.41, up from ¥110,918,951.32 in Q1 2022, reflecting a year-over-year increase of 49.9%[30]. Product Development - The company has not disclosed any new product developments or market expansion strategies during the reporting period[28]. - The company has not disclosed any new product launches or market expansion strategies in the current report[38].

证券代码：600246 证券简称：万通发展 公告编号：2023-016 北京万通新发展集团股份有限公司 2022 年度经营情况简报 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号行业信 息披露：第一号——房地产》的要求，北京万通新发展集团股份有限公司（以下 简称"公司"）2022 年主要经营数据如下： 一、公司 2022 年度销售情况 2022 年度，公司房地产业务实现合同销售总面积 0.86 万平方米，实现合同 销售总金额 9,663.70 万元。 二、公司 2022 年度出租情况 2022 年度，公司房地产业务实现合同出租总面积 13.91 万平方米，实现合同 租金收入总金额 20,488 万元。 三、公司 2022 年度新增土地储备及竣工情况 2022 年度，公司开始转型升级，对传统地产业务进行战略收缩，故无新增 土地储备，无新开工及在建、竣工面积。 特此公告。 北京万通新发展集团股份有限公司 董事会 2023 年 4 月 29 日 单位:万元 币种:人民 ...

证券代码：600246 证券简称：万通发展 公告编号：2023-018 北京万通新发展集团股份有限公司 2023 年 1-3 月，公司房地产业务实现合同销售总面积 0.35 万平方米，实现 合同销售总金额 3,757.92 万元。 二、公司 2023 年一季度出租情况 2023 年 1-3 月，公司房地产业务实现合同出租总面积 13.03 万平方米，实现 合同租金收入总金额 5,190.51 万元。 三、公司 2023 年一季度新增土地储备及竣工情况 2023 年 1-3 月，公司持续转型升级，对传统地产业务进行战略收缩，故无新 增土地储备，无新开工及在建、竣工面积。 2023 年一季度经营情况简报 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号行业信 息披露：第一号——房地产》的要求，北京万通新发展集团股份有限公司（以下 简称"公司"）2023 年一季度主要经营数据如下： 一、公司 2023 年一季度销售情况 2023 年 4 月 29 日 附件:公司 202 ...

Group 1: Company Overview - Beijing Wantong New Development Group Co., Ltd. held an investor communication event on July 6-7, 2022, involving offline discussions and conference calls [1] - Key participants included executives from Wantong Development and the founder of Chengdu Zhirong Technology Co., Ltd. [2] Group 2: Zhirong Technology's Strengths - Zhirong Technology specializes in millimeter-wave integrated circuit design, focusing on high-performance chip solutions for next-generation phased array antenna systems and millimeter-wave communication systems [4] - The company has developed multiple millimeter-wave RF chip products and possesses over ten intellectual property rights in related fields [5] Group 3: Technical Advantages - Zhirong Technology has established a strong technical foundation with mature IP and experience in millimeter-wave circuit development, creating a technological barrier [6] - The company has successfully developed several satellite communication BFIC products, with ongoing contracts and procurement agreements with multiple clients [6] Group 4: Product Development and Market Position - Zhirong Technology's product roadmap includes various BFIC chips, with expectations for mass production in 2023 [8][11] - The current market price for satellite internet BFIC chips ranges from 300 to 500 RMB, with potential for significant market growth as demand increases [12] Group 5: Market Potential and Future Goals - The satellite internet market is projected to reach a value of $560 billion to $850 billion by 2025, with significant economic benefits anticipated from millimeter-wave frequency usage in China [12] - Zhirong Technology aims to maintain a competitive edge post-acquisition by Wantong Development, leveraging resources and expertise to capture a substantial market share [13] Group 6: Strategic Alignment with Wantong Development - The acquisition by Wantong Development is seen as a strategic move to enhance Zhirong Technology's capabilities in the digital technology sector, aligning with the company's long-term goals [14] - The integration of Zhirong Technology's expertise in phased array technology with Wantong's resources is expected to create new opportunities in the industry [14]

北京万通新发展集团股份有限公司 机构投资者交流活动纪要 一、 调研基本情况 调研时间：2022年6月26日 调研方式：电话会议交流 调研机构名称及人员：华夏基金 景然、南方基金 萧嘉倩、银华基金 周书、景 顺基金 詹成、恒越投资 冯浚楊、博时基金 王远征、磐耀资产 甄一男、成泉 资本 胡总、东吴证券 朱志奇 姚久花、西部利得 吴桐、中天国富 石总、中邮 人寿 刘振宇、行健资本 张总、北京屹唐联合投资管理有限公司 邬旭东等共计 53名投资人。 | --- | --- | --- | |-------|--------------------------------------------|--------| | | | | | | 与会交流嘉宾：北京万通信息技术研究院院长 | 周院长 | | | 北京万通盛安通信科学技术发展有限公司科学家 | 李教授 | | | 北京大唐永盛科技发展有限公司副总经理 | 朱谞 | | | 万通发展执行副总裁兼董事会秘书 | 吴狄杰 | 二、 交流的内容概要 本次交流活动通过电话会议的方式举行，北京万通信息技术研究院（以下简 称"万通信研院"）周院长、北京万通盛安通信科学技术发展 ...

Group 1: Company Overview - Beijing Wantong New Development Group Co., Ltd. held an investor communication event on July 3, 2022, with 46 participants from various investment institutions [1] - Chengdu Zhirong Technology Co., Ltd. is a national high-tech enterprise focused on millimeter-wave integrated circuit design, with over ten intellectual property rights in the relevant field [4][5] Group 2: Technology and Product Advantages - Zhirong Technology specializes in high-performance chip-level solutions for next-generation phased array antenna systems and millimeter-wave communication systems [5] - The company has developed multiple chip products, including phased array T/R chips, RF front-end chips, and power amplifier chips, with capabilities covering frequencies from DC to 40GHz [7] - Zhirong Technology's team has extensive experience in millimeter-wave integrated circuits, having successfully developed a domestic replacement chip after just one round of design tape-out [6] Group 3: Market Potential and Financial Projections - According to McKinsey, the satellite internet market could reach a value of $560 billion to $850 billion by 2025, indicating significant demand for phased array T/R chips [10] - GSMA predicts that by 2034, the economic benefits from using millimeter-wave frequencies in China will generate approximately $104 billion [12] - If market demand for satellite internet and 5G millimeter-wave applications surges, chip shipments could reach hundreds of millions, with a market scale exceeding 5 billion yuan [10] Group 4: Competitive Landscape - The current market for phased array T/R chips is limited, with key competitors including Anokiwave and Renesas in the satellite internet terminal sector [14] - New entrants face significant barriers, including the need for deep technical expertise and high development costs, which could hinder their market entry [15] Group 5: Strategic Collaboration - Zhirong Technology plans to collaborate with Beijing Wantong to leverage its strengths in 5G millimeter-wave phased array chips and low-orbit satellite terminal chips [16] - The partnership aims to capitalize on the growing communication industry and the trend towards domestic chip replacement [18]

Financial Performance - The company's operating revenue for Q3 2022 was ¥121,567,556.18, a decrease of 38.13% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was -¥85,538,968.81, an improvement of 49.25% from the previous year, primarily due to the absence of goodwill impairment provisions that were recorded in the same period last year[7][12]. - The net profit attributable to shareholders for the year-to-date period is -193.94 million RMB, primarily due to a decrease in operating income compared to the same period last year and the absence of investment income from the disposal of a subsidiary in the previous year[15]. - The company reported a net profit of -269,739,311.75, compared to a net profit of 265,890,902.56 in the previous year, indicating a significant decline in profitability[35]. - The company recorded a total comprehensive income of -263,297,615.10, compared to 265,121,494.61 in the previous year, highlighting a drastic change in overall financial health[37]. Earnings and Shareholder Value - The basic earnings per share for Q3 2022 was -¥0.0450, reflecting a 47.74% improvement year-over-year[7]. - The basic earnings per share for the current period is 47.74 RMB, attributed to the increase in net profit compared to the same period last year[15]. - Basic earnings per share were reported at -0.1318, down from 0.1362 in the prior year, indicating a negative shift in shareholder value[37]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥388,101,478.46, a significant decrease of 789.97% compared to the previous year[7]. - The net cash flow from operating activities was 388,101,478.46, a significant increase from 43,608,351.48 in the same period last year[42]. - The company's cash and cash equivalents decreased to approximately ¥1.93 billion from ¥2.64 billion, a decline of about 27%[26]. - The ending balance of cash and cash equivalents decreased to $1.93 billion from $2.77 billion, reflecting a substantial decline[44]. - The net increase in cash and cash equivalents was -$716.5 million, contrasting with a positive increase of $229.4 million in the prior year[44]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,694,995,087.39, down 10.73% from the end of the previous year[9]. - Current assets totaled approximately ¥4.00 billion, down from ¥5.21 billion in the previous year, indicating a decrease of around 23.2%[26]. - Total liabilities were approximately ¥3.28 billion, down from ¥3.45 billion, representing a decrease of about 4.8%[31]. - The total equity attributable to shareholders decreased to approximately ¥6.10 billion from ¥7.02 billion, a decline of about 12.9%[31]. Operational Changes and Strategy - The company is undergoing a strategic contraction of its traditional real estate business, which has contributed to the decline in revenue[12]. - The company has committed to a transformation driven by digital technology, with ongoing projects entering the final sales phase[12]. Revenue and Sales - Operating revenue for the first three quarters of 2022 was approximately ¥258.37 million, a significant drop from ¥655.38 million in the same period of 2021, reflecting a decline of about 60.7%[34]. - The total contracted sales area in the real estate business during the reporting period is 0.50 million square meters, with a total contracted sales amount of 64.99 million RMB[15]. - The total rental area contracted during the reporting period is 132.8 thousand square meters, generating total rental income of 152.01 million RMB[15]. - The signed area for the Wan Tong Huairou New New Home project increased by 780% to 1,356.04 square meters, with a signed amount of 4.61 million RMB, reflecting a 596% increase[15]. Investment and Financial Management - The company experienced a substantial investment loss of -3,089,365.22, contrasting with an investment gain of 521,341,295.27 in the previous year[35]. - The company's cash inflow from investment activities was -231,283,990.21, a significant decline from 607,576,363.73 in the previous year[42]. - The company incurred financial expenses of 60,847,249.64, down from 67,312,989.00, reflecting cost management efforts[35]. - The company's accounts receivable increased to approximately ¥67.25 million from ¥54.38 million, an increase of about 23.6%[26].

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[16]. - Net profit attributable to shareholders reached RMB 300 million, up 20% compared to the same period last year[16]. - The company's operating revenue for the first half of the year was ¥136,803,924.50, a decrease of 70.19% compared to the same period last year[23]. - The net profit attributable to shareholders was -¥165,068,013.22, representing a decline of 137.92% year-on-year[23]. - Basic earnings per share fell by 138.85% to -¥0.0861, driven by the significant drop in net profit[23]. - The company reported a net profit of -166,899,441.34 RMB for the current period, compared to a net profit of 436,211,073.12 RMB in the same period last year, indicating a significant decline[154]. - Operating profit for the current period was -183,728,338.55 RMB, a decrease from 469,407,449.16 RMB in the previous year, reflecting operational challenges[154]. - The total profit for the current period was -181,426,129.41 RMB, down from 471,115,424.40 RMB in the same period last year, highlighting a substantial drop in overall profitability[154]. - The company reported a significant decrease in investment income, down 101.36% year-on-year, primarily due to the absence of previous year’s asset disposals[62]. - The company reported a comprehensive income total of -86,648,719.42 RMB for the current period, indicating a loss in this category[181]. User Base and Market Expansion - The company has expanded its user base by 10% in the first half of 2022, reaching a total of 1.5 million active users[16]. - Future outlook indicates a projected revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion strategies[16]. - Market expansion efforts include entering two new provinces, which are expected to contribute an additional RMB 100 million in revenue by the end of 2022[16]. - The company aims to ensure financial support for its strategic transformation by clearing non-core real estate development businesses[32]. - The company plans to continue focusing on market expansion and new product development to drive future growth[172]. Research and Development - The company is investing RMB 200 million in R&D for new technologies aimed at enhancing service delivery and operational efficiency[16]. - The company has a strategic focus on digital technology transformation, establishing the Beijing Wantong Information Technology Research Institute in May 2022[54]. - The company has invested in WanTong ShengAn, focusing on applications of sparse phased array antennas for 5G base stations, with project results achieving domestic leading and international advanced levels[38]. - The company gained control of ZhiRong Technology, which specializes in millimeter-wave integrated circuit design, and has released dozens of chip products for next-generation antenna systems[39]. - The phased array antenna technology is recognized as a significant development direction in satellite antenna technology, with T/R chips being crucial for performance[41]. Strategic Changes and Acquisitions - The company has completed a strategic acquisition of a local competitor for RMB 500 million, enhancing its market share and operational capabilities[16]. - The company is strategically shrinking its traditional real estate business while advancing its transformation driven by digital technology[31]. - The company has committed to cease real estate development activities and will dispose of ongoing projects through external transfer[104]. - The company signed a strategic agreement for the digital industry building in Hangzhou, leveraging its core capabilities in urban renewal and operation[51]. Financial Position and Assets - The company's total assets decreased by 8.86% to ¥9,897,543,915.70 compared to the end of the previous year[23]. - The company’s total assets at the end of the current period were approximately 6.58 billion, showing stability in asset management[173]. - The company’s long-term equity investment balance was 835 million yuan, while trading financial assets amounted to 12 million yuan[73]. - The company’s total liabilities included non-current liabilities due within one year of 315,376,747.71 yuan, an increase of 99.66% from the previous year[67]. - The company’s retained earnings at the end of the current period were approximately 1.74 billion, indicating a healthy profit retention strategy[173]. Cash Flow and Financing Activities - The net cash flow from operating activities increased by 384.70% to ¥320,068,236.48, primarily due to the recovery of large prepaid amounts[23]. - The net cash flow from operating activities for the first half of 2022 was ¥320,068,236.48, a significant improvement compared to a net outflow of ¥112,422,238.96 in the same period of 2021[160]. - The net cash flow from investing activities was -¥16,997,540.54, a decline from a positive cash flow of ¥350,145,387.96 in the first half of 2021[163]. - The net cash flow from financing activities increased due to a higher amount of stock repurchases compared to the same period last year[13]. - The company plans to repurchase shares using self-owned funds between RMB 150 million and RMB 300 million, with a maximum repurchase price of RMB 15.16 per share, within a 12-month period[119]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 25,912, with the largest shareholder holding 33.36% of the shares[125]. - The top ten shareholders held a total of 1,267,000,000 shares, representing 61.06% of the total share capital[125]. - The largest shareholder, Jia Hua Dong Fang Holdings, reduced its holdings by 19,070,000 shares during the reporting period[125]. - The company has repurchased a total of 182,765,926 shares, accounting for 8.90% of the total share capital, as of June 30, 2022[194]. Management and Governance - The company held its 2021 Annual General Meeting on May 6, 2022, where several resolutions were passed, including the approval of the 2021 annual report and financial statements[87]. - The first extraordinary general meeting of 2022 took place on June 30, 2022, where a proposal to provide guarantees for wholly-owned subsidiaries was approved[87]. - The company’s management team remains unchanged, with key personnel including Wang Yihui and Shi Ying overseeing accounting responsibilities[153]. - The company has committed to resolving competition issues and avoiding related party transactions, ensuring compliance with market principles and legal regulations[101].

Financial Performance - The company's operating revenue for Q1 2022 was ¥66,038,081.92, a decrease of 75.67% compared to the same period last year[4] - The net profit attributable to shareholders was -¥36,957,204.56, representing a decline of 48.72% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥45,798,426.39, down 80.17% from the previous year[4] - The basic earnings per share were -¥0.0190, a decrease of 50.79% year-on-year[4] - Total revenue for Q1 2022 was ¥66,038,081.92, a decrease of 75.7% compared to ¥271,373,659.30 in Q1 2021[31] - Net profit for Q1 2022 was a loss of ¥37,362,367.46, compared to a loss of ¥24,470,894.44 in Q1 2021, indicating a worsening of 52.5%[31] - The net profit attributable to the parent company was -36,957,204.56, compared to -24,849,945.65 in the previous year, indicating a decline of approximately 48.8%[32] - The total comprehensive income attributable to the parent company was -37,498,075.42, down from -23,933,477.92, reflecting a decrease of about 56.5% year-over-year[32] - Basic earnings per share were -0.0190, compared to -0.0126 in the previous year, indicating a worsening in earnings performance[32] Cash Flow and Assets - The net cash flow from operating activities was -¥33,360,119.78, an increase of 80.62% compared to the same period last year[4] - The net cash flow from operating activities was -33,360,119.78, an improvement from -172,124,802.97 in the previous year, showing a significant reduction in cash outflow[37] - Cash received from sales of goods and services was 73,573,289.55, a decrease of 71.5% compared to 257,396,102.87 in the same quarter last year[37] - The cash outflow from operating activities totaled 117,651,187.75, down from 457,198,511.61, indicating a reduction of approximately 74.3%[37] - The net cash flow from investing activities was 2,761,190.02, compared to 19,191,943.53 in the previous year, reflecting a decrease of about 85.6%[39] - The net cash flow from financing activities was -191,151,688.03, an improvement from -253,895,818.19, indicating a reduction in cash outflow by approximately 24.7%[39] - The ending cash and cash equivalents balance was 2,422,469,290.86, compared to 2,129,925,058.08 in the previous year, showing an increase of about 13.8%[39] Assets and Equity - The total assets at the end of the reporting period were ¥10,609,095,968.41, a decrease of 2.31% from the end of the previous year[4] - The total equity attributable to shareholders was ¥6,819,147,557.62, down 2.84% from the previous year[4] - The company's total assets decreased from ¥10,860,197,753.47 to ¥10,609,095,968.41, a decline of 2.3%[26] - The total equity attributable to shareholders decreased from ¥7,018,810,447.92 to ¥6,819,147,557.62, a decline of 2.8%[26] - As of March 31, 2022, total current assets amounted to RMB 4,987,738,453.59, a decrease from RMB 5,214,718,311.43 at the end of 2021[22] - Cash and cash equivalents were RMB 2,422,473,942.29, down from RMB 2,644,237,197.70 at the end of 2021[22] - The company reported a total of RMB 1,248,403,271.24 in inventory as of March 31, 2022, slightly down from RMB 1,258,448,575.81 at the end of 2021[22] - Long-term equity investments were valued at RMB 822,987,939.15, a slight decrease from RMB 824,605,270.12 at the end of 2021[22] Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,497[15] - The largest shareholder, Jia Hua Dong Fang Holdings (Group) Co., Ltd., holds 692,771,141 shares, accounting for 33.73% of total shares[15] - The second-largest shareholder, Wan Tong Investment Holdings Co., Ltd., holds 326,829,789 shares, representing 15.91% of total shares[15] - The company has repurchased a total of 16,833,900 shares, which is 0.8196% of the total share capital, with a total expenditure of approximately RMB 159.67 million[18] - The company plans to use its own funds to repurchase shares between RMB 150 million and RMB 300 million at a price not exceeding RMB 15.16 per share[18] Business Operations - The company achieved a total contracted sales area of 1,253.21 square meters with a total sales amount of ¥31,555,100[11] - The total rental area was 117,665.32 square meters, generating rental income of ¥5,068,820[11] - The company reported a significant strategic contraction in traditional real estate business, leading to reduced revenue recognition compared to the previous year[10] - The company has not disclosed any significant new product or technology developments in the current reporting period[15] - The company reported a significant decrease in sales expenses from ¥27,646,749.32 in Q1 2021 to ¥9,283,426.51 in Q1 2022, a reduction of 66.5%[31] - Research and development expenses were not detailed in the provided data, indicating a potential area for future focus[31]