Financial Performance - The net profit attributable to the parent company for 2015 was CNY 3,178,677.57, with an accumulated undistributed profit of CNY -81,237,796.20 as of December 31, 2015, leading to a proposal of no profit distribution for the year [5]. - The company's operating revenue for 2015 was CNY 172,196,432.40, a decrease of 17.12% compared to CNY 207,771,529.51 in 2014 [23]. - The net profit attributable to shareholders for 2015 was CNY 3,178,677.57, down 47.03% from CNY 6,001,157.25 in 2014 [23]. - The basic earnings per share for 2015 was CNY 0.051, a decline of 46.88% from CNY 0.096 in 2014 [24]. - The weighted average return on equity for 2015 was 2.396%, a decrease of 2.291 percentage points from 4.687% in 2014 [24]. - The total assets at the end of 2015 were CNY 679,375,447.51, down 5.11% from CNY 715,933,802.50 at the end of 2014 [23]. - The company reported a net cash flow from operating activities of CNY 41,058,140.70 in 2015, a slight decrease of 1.54% compared to CNY 41,698,869.25 in 2014 [23]. - The company achieved a consolidated revenue of ¥172,196,432.40, a decrease of 17.12% year-on-year [48]. - The operating profit was reported at -¥2,968,696.46, a decline of 356.52% year-on-year [53]. - Non-recurring gains and losses for 2015 amounted to CNY 9,086,919.11, compared to CNY 8,761,232.68 in 2014 [28]. Business Operations and Strategy - The company is undergoing a major asset restructuring, which was approved by the board on January 20, 2016, but it carries uncertainties including approval risks and potential valuation risks of the target assets [8]. - The company has three wholly-owned subsidiaries and one joint venture, focusing on computer information technology and higher education [33]. - The main business includes the development of software products and integrated computer network systems, primarily serving government and coal mining sectors [33]. - The company continues to enhance its middleware platform and expand its market share in land resource information technology [34]. - The company is actively pursuing a major asset restructuring plan, which was initiated in October 2015 [50]. - The company plans to continue focusing on high-margin software business and reduce reliance on low-margin distribution activities [61]. - The company is committed to improving teaching quality and expanding enrollment to enhance competitiveness in higher education [95]. - The company aims to enhance its core competitiveness and sustainable profitability through technology research and development and market expansion [94]. Risks and Challenges - The company faced significant risks in the computer information technology sector, including intense market competition and the need for continuous product innovation to avoid greater competitive pressure in the future [8]. - The company is subject to risks related to educational policies and investment in independent colleges, which may impact future enrollment numbers [8]. - The company’s future plans and development strategies are subject to risks, and investors are advised to maintain awareness of these risks [6]. - The company faces intense competition in the computer information technology sector, with numerous strong competitors in the market [91]. - There is a significant risk of talent loss in management, technology, and education sectors, which could adversely affect the company's operations and development [105]. - The company faces significant risks in the computer information business due to economic cycles and intense competition in the application software market, necessitating increased investment in R&D to enhance product innovation and customer service capabilities [101]. Shareholder and Governance - The company has not proposed any cash profit distribution plans for the years 2013, 2014, and 2015, as the profits were used to cover previous losses [114]. - The company has implemented a cash dividend policy to better reflect investor interests and ensure compliance with regulatory requirements, with revisions made based on investor feedback [109]. - The company has engaged Xinyong Zhonghe Accounting Firm for auditing services with a fee of CNY 350,000 for the year [119]. - The internal control audit will also be conducted by Xinyong Zhonghe Accounting Firm, with a fee of CNY 200,000 [119]. - The company maintains independence from its controlling shareholder in business, personnel, assets, and financial matters [195]. - The company has established independent bank accounts and tax compliance, reinforcing its operational independence from the controlling shareholder [196]. - The board underwent changes with the election of new members, including Wang Ping as the new chairman [176]. - The total remuneration for the board members and senior management during the reporting period amounts to 125.78 million yuan [171]. Research and Development - Research and development expenditure increased by 287.10% to ¥5,169,582.51 [56]. - The number of R&D personnel is 52, accounting for 30.06% of the total workforce [71]. - Total R&D investment increased by 287.10% to ¥5,169,582.51, representing 3.00% of operating revenue [70]. Market Outlook - The company provided a positive outlook for 2016, projecting a revenue growth of 10% to 12%, aiming for a total revenue between 1.32 billion RMB and 1.344 billion RMB [172]. - The company plans to invest 50 million yuan in computer information business and 30 million yuan in urban college campus construction in 2016 [100]. - The company plans to achieve an operating revenue of 190 million yuan in 2016, with cost expenses controlled at 186 million yuan [99]. - The company is focusing on improving customer engagement, with plans to implement a new customer relationship management system by Q2 2016 [172].

西安博通资讯股份有限公司 2015 年第三季度报告 公司代码：600455 公司简称：博通股份 西安博通资讯股份有限公司 2015 年第三季度报告 1 / 20 二、 公司主要财务数据和股东变化 2.1 主要财务数据 | | | | | | 单位：元 币种：人民币 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 本报告期末 | | 上年度末 | | 本报告期末比上 | | | | | | | | | 年度末增减(%) | | | | 总资产 | 702,489,408.21 | | 715,933,802.50 | | -1.88 | | | | 归属于上市公司股东的净资产 | 135,323,686.30 | | 131,049,587.34 | | 3.26 | | | | | 年初至报告期末 | | 上年初至上年报告 | | 比上年同期增减 | | | | | （1-9 月） | | 期末（1-9 | 月） | (%) | | | | 经营活动产生的现金流量净额 | 55,458,992.24 | | 59,099,280.18 | ...

Financial Performance - The company's operating revenue for the first half of 2015 was ¥85,309,709.01, a decrease of 8.71% compared to ¥93,445,765.76 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2015 was -¥1,573,340.86, representing a decline of 592.79% from a profit of ¥319,273.55 in the previous year[18]. - The basic earnings per share for the first half of 2015 was -¥0.025, down 350.00% from ¥0.01 in the same period last year[18]. - The weighted average return on net assets decreased by 1.458 percentage points to -1.208% compared to 0.25% in the previous year[18]. - The net cash flow from operating activities was -¥47,996,760.12, slightly improved from -¥48,944,447.86 in the same period last year[18]. - The total assets at the end of the reporting period were ¥641,896,104.63, a decrease of 10.34% from ¥715,933,802.50 at the end of the previous year[18]. - The net profit for the first half of 2015 was a loss of CNY 852,633.65, compared to a profit of CNY 2,824,863.23 in the previous year, representing a significant decline[84]. - The company reported a total cash and cash equivalents balance of 60,042,609.51 RMB at the end of the reporting period, down from 87,824,175.65 RMB at the beginning of the period[90]. Revenue and Costs - Total operating revenue for the first half of 2015 was CNY 85,309,709.01, a decrease of 8.1% compared to CNY 93,445,765.76 in the same period last year[83]. - Total operating costs amounted to CNY 86,900,109.40, down 5.0% from CNY 91,499,633.01 year-over-year[83]. - The company reported a significant increase in sales revenue to CNY 17,661,732.26, up 28.0% from CNY 13,775,086.79 in the previous year[87]. - Sales revenue from goods and services received was 13,451,898.32 RMB, a decrease of 21.5% compared to 17,077,828.79 RMB in the previous year[92]. Assets and Liabilities - The total current assets decreased from RMB 186,500,235.24 to RMB 115,600,322.17, representing a decline of approximately 38%[75]. - Total assets decreased from CNY 715,933,802.50 to CNY 641,896,104.63, a decline of approximately 10.3%[76]. - Current liabilities decreased from CNY 481,352,388.49 to CNY 408,167,324.27, a reduction of about 15.2%[76]. - Total liabilities decreased from CNY 539,352,388.49 to CNY 466,167,324.27, a decline of approximately 13.6%[76]. - The company's total equity attributable to shareholders was 176,581,414.01 RMB at the end of the reporting period, reflecting a decrease due to comprehensive losses[94]. Investments and Cash Flow - The company has invested CNY 10 million in a bank wealth management product with an expected annual return of 5.60%[39]. - Cash inflow from investment activities was CNY 39,011,785.27, while cash outflow was CNY 13,910,391.29, resulting in a net cash inflow of CNY 25,101,393.98[88]. - The net cash flow from operating activities for the first half of 2015 was -14,671,501.86 RMB, compared to -16,043,230.38 RMB in the same period last year, indicating an improvement of approximately 8.5%[92]. - The net increase in cash and cash equivalents for the period was -27,781,566.14 RMB, compared to -71,840,845.89 RMB in the previous year, indicating a significant improvement in cash management[90]. Shareholder Information - The total number of shareholders at the end of the reporting period was 5,846[66]. - The largest shareholder, Xi'an Economic Development Group, holds 12,740,232 shares, accounting for 20.40% of total shares[68]. - The company has maintained a stable share capital structure with no changes during the reporting period[64]. - The company has made commitments regarding major asset restructuring and will not plan such activities for specified periods, with commitments made on December 9, 2014, and May 14, 2015[60]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective operation and information disclosure[61]. - The company has not experienced any insider trading activities during the reporting period[61]. - The company has a clear governance structure with defined responsibilities among the board, supervisory board, and management[62]. Research and Development - Research and development expenses increased by 43.44% to ¥2,200,597.59, reflecting a focus on enhancing technology capabilities[28]. - The company increased its R&D efforts in computer information business, successfully upgrading its middleware platform, which is widely applied in land resources and coal industries[35]. Market and Operational Strategy - The company plans to strengthen internal management and enhance research and development efforts to improve market competitiveness in the second half of 2015[23]. - The company aims to integrate and restructure its assets and resources to enhance sustainable profitability[25]. - The company has not reported any new product launches or technological advancements during this period, focusing instead on stabilizing existing operations[99]. Bad Debts and Provisions - The company recorded a provision for bad debts of 524,839.96 during the period, while recovering 77,164.83[179]. - The total accounts receivable at the end of the period was 30,745,584.48, with a bad debt provision of 8,292,392.38, resulting in a net receivable of 22,453,192.10[176]. - The provision for bad debts based on aging analysis shows a total of CNY 4,833,549.07, with a provision amount of CNY 487,255.01, representing 10.08%[191].

Financial Performance - Operating revenue increased by 8.04% to CNY 46,729,923.00 year-on-year[6] - Net profit attributable to shareholders was CNY 1,770,088.99, a significant recovery from a loss of CNY 157,887.91 in the same period last year[6] - The weighted average return on net assets improved to 1.34% from -0.13% year-on-year[6] - Basic and diluted earnings per share were both CNY 0.028, compared to a loss of CNY 0.003 in the previous year[6] - Total operating revenue for Q1 2015 was CNY 46,729,923, an increase of 10.4% compared to CNY 43,250,754.56 in the same period last year[28] - Net profit for Q1 2015 reached CNY 2,360,415.91, compared to CNY 1,066,658.98 in the previous year, marking a significant increase of 121.5%[28] - The net profit attributable to the parent company was CNY 1,770,088.99, a turnaround from a loss of CNY 157,887.91 in the same quarter last year[28] Asset and Liability Changes - Total assets decreased by 6.02% to CNY 672,837,203.63 compared to the end of the previous year[6] - The company's current assets totaled CNY 144,719,572.22, down from CNY 186,500,235.24 at the beginning of the year, indicating a decline of approximately 22.4%[22][24] - The total liabilities decreased from CNY 539,352,388.49 to CNY 493,895,373.71, reflecting a reduction of about 8.4%[24] - Total assets as of March 31, 2015, were CNY 184,827,251.45, down from CNY 195,930,611.36 at the beginning of the year, indicating a decrease of 5.3%[27] - Total liabilities decreased to CNY 88,655,951.27 from CNY 99,725,638.03, a reduction of 11.1%[27] Cash Flow and Equivalents - The net cash flow from operating activities was negative at CNY -30,864,339.38, slightly worse than CNY -29,178,413.06 in the same period last year[6] - Cash and cash equivalents decreased by 31.40% to ¥60,481,504.77 due to the repayment of loans and interest by a subsidiary[13] - The company's cash and cash equivalents were CNY 60,481,504.77, down from CNY 88,161,133.95, representing a decline of approximately 31.4%[22][24] - The company’s cash and cash equivalents decreased to CNY 13,035,327.48 from CNY 23,883,660.42, a decline of 45.4%[27] - The net increase in cash and cash equivalents for Q1 2015 was -10,848,332.94, compared to -3,955,159.28 in the same period last year[36] Shareholder Information - The total number of shareholders was 6,169 at the end of the reporting period[10] - The largest shareholder, Xi'an Economic Development Group, held 20.40% of the shares, totaling 12,740,232 shares[11] Government and Non-Recurring Items - Government subsidies recognized in the current period amounted to CNY 700,000.33, contributing positively to the financial results[8] - Non-recurring gains and losses totaled CNY 680,374.88 for the period[8] Operational Changes - The company decided to terminate the major asset restructuring plan originally proposed in 2014 due to non-compliance with regulations[15] - The company appointed Wang Ping as the new chairman on March 23, 2015, following the resignation of Zhang Jin Feng[15] - The company plans to hold the 2014 annual shareholders' meeting on May 20, 2015, to discuss various reports and proposals[16] Inventory and Receivables - Accounts receivable notes decreased by 56.10% to ¥180,000.00, attributed to the payment of bank acceptance bills[13] - Other receivables increased by 35.44% to ¥6,695,181.60, due to an increase in performance guarantees for computer information business[13] - The accounts receivable stood at CNY 24,515,101.93, slightly down from CNY 25,013,256.43, indicating a decrease of about 2%[22][24] - The company's inventory decreased from CNY 15,943,822.12 to CNY 14,334,419.62, a reduction of approximately 10.1%[22][24]

Financial Performance - The net profit attributable to the parent company for 2014 was CNY 6,001,157.25, with retained earnings remaining negative at CNY -84,416,473.77 due to previous losses[6]. - The company proposed not to distribute profits for 2014, including cash dividends and stock dividends, to offset prior years' losses[6]. - The company's operating revenue for 2014 was CNY 207,771,529.51, a decrease of 20.23% compared to CNY 260,456,411.43 in 2013[33]. - The net profit attributable to shareholders for 2014 was CNY 6,001,157.25, down 43.05% from CNY 10,537,539.48 in 2013[33]. - The net cash flow from operating activities increased significantly to CNY 41,698,869.25, a 431.16% increase from CNY 7,850,532.74 in 2013[33]. - The total assets at the end of 2014 were CNY 715,933,802.50, reflecting a slight increase of 1.38% from CNY 706,203,528.14 at the end of 2013[33]. - The company's net assets attributable to shareholders increased by 4.80% to CNY 131,049,587.34 at the end of 2014, compared to CNY 125,048,430.09 at the end of 2013[33]. - Basic earnings per share for 2014 were CNY 0.096, a decrease of 43.20% from CNY 0.169 in 2013[34]. - The weighted average return on net assets for 2014 was 4.69%, down 4.11 percentage points from 8.80% in 2013[34]. - The company reported a significant loss of CNY 2,760,075.43 in net profit after deducting non-recurring gains and losses, compared to a profit of CNY 4,087,022.65 in 2013[33]. Business Operations - The company’s main business as of 2014 includes computer information and higher education services[23]. - The company’s main business has evolved over the years, with significant changes in its operations since its listing in 2004[23]. - The computer information business generated revenue of ¥71,874,870.83, down from ¥101,055,569.49 in 2013, while the education segment saw an increase in revenue to ¥135,189,084.33 from ¥126,069,542.56[44]. - The company has been focusing on enhancing internal management and R&D efforts to improve market competitiveness[38]. - The company has expanded its product offerings to include mobile internet applications, capturing market opportunities[65]. - The company holds a 70% stake in Xi'an Jiaotong University City College, which focuses on higher education, and a 100% stake in Xi'an Botong Technology Co., Ltd., which specializes in computer information[66]. Strategic Initiatives - The company has committed to not planning any major asset restructuring for six months starting from December 2, 2014, after terminating a proposed major asset restructuring due to compliance issues[40]. - The company aims to achieve an operating income of 22 million yuan in 2015, with cost control set at 21.5 million yuan[81]. - The computer information business requires funding of 30 million yuan for 2015, sourced from business receivables and bank loans[82]. - The city college's campus construction funding needs 25 million yuan, primarily from bank loans and tuition income[82]. - The company plans to enhance its core competitiveness and sustainable profitability by improving technology R&D, market sales, and teaching quality[80]. - The company will focus on expanding its market share and increasing the proportion of high-margin project contracts[81]. Governance and Compliance - The company received a standard unqualified audit report from Xinyong Zhonghe Accounting Firm for the 2014 financial report[7]. - The company’s board of directors and senior management confirmed the accuracy and completeness of the annual report[5]. - The company has established a comprehensive cash dividend mechanism to protect investor interests, as per the guidelines from the China Securities Regulatory Commission[87]. - The company has emphasized its commitment to social responsibility, focusing on employee rights protection and environmental sustainability[92]. - The company has not proposed any cash dividend distribution for the years 2013 and 2014, as all net profits were used to offset previous losses[90]. - The company has adhered to the requirements of the Company Law and the China Securities Regulatory Commission, with no discrepancies reported[162]. Market and Industry Trends - The software industry, where the company operates, is experiencing rapid growth, supported by government demand for information technology and electronic governance[75][76]. - The government’s "Internet Plus" initiative presents significant opportunities for the computer information industry[77]. - The company is actively researching capital restructuring to enhance its sustainable profitability[81]. Employee and Management - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 1.5571 million yuan before tax[152]. - The company employed a total of 656 staff, with 167 in the parent company and 489 in major subsidiaries[152]. - The technical team and key technical personnel have remained stable, with most having been with the company for over three years, some exceeding ten years[150]. - The company has a strong focus on employee training, conducting various training programs to enhance overall employee quality and competitiveness[154]. Risks and Challenges - The company has faced risks related to future development plans and strategies, which are highlighted in the report[12]. - The company faced challenges in its main business operations due to the termination of a major asset restructuring plan, which negatively impacted profitability[38]. - The company faces risks in the computer information business due to market competition and the need for technological innovation[83].

Financial Performance - Net profit attributable to shareholders decreased by 76.35% to CNY 3,032,746.87 for the first nine months of the year[8]. - Operating revenue for the first nine months was CNY 142,507,063.86, down 19.87% year-on-year[8]. - The company reported a basic earnings per share of CNY 0.05, down 76.19% from the previous year[8]. - The company’s net loss decreased to ¥87,384,884.15 from ¥90,417,631.02, showing an improvement of approximately 3.4%[26]. - Net profit for Q3 2014 was CNY 3,527,593.37, a decline of 62.0% compared to CNY 9,281,683.70 in Q3 2013[35]. - The company reported a total profit of CNY 3,647,386.20 for Q3 2014, a decrease of 60.8% compared to CNY 9,303,550.80 in Q3 2013[35]. - Total operating revenue for Q3 2014 was CNY 49,061,298.10, a decrease of 9.4% compared to CNY 54,340,078.99 in Q3 2013[34]. - Total operating costs for Q3 2014 were CNY 47,006,714.23, down 11.3% from CNY 52,985,110.42 in the same period last year[34]. - Operating profit for Q3 2014 was CNY 2,053,104.03, down 70.5% from CNY 6,978,851.59 in Q3 2013[34]. - Earnings per share for Q3 2014 was CNY 0.04, down from CNY 0.13 in Q3 2013[35]. Assets and Liabilities - Total assets increased by 5.93% to CNY 748,092,570.09 compared to the end of the previous year[8]. - The total liabilities increased to ¥575,320,243.64 from ¥539,783,658.29, which is an increase of about 6.6%[26]. - The company’s total assets at the end of Q3 2014 were CNY 177,403,801.06, slightly up from CNY 176,231,053.68 at the end of Q3 2013[34]. - The company’s non-current assets totaled ¥530,149,623.63, down from ¥536,277,767.55, indicating a decrease of about 1.1%[25]. - Accounts receivable rose to ¥37,626,916.84 from ¥29,317,111.95, indicating an increase of about 28.4%[24]. - The company’s total equity increased to ¥172,772,326.45 from ¥166,419,869.85, reflecting a growth of approximately 3.9%[26]. - Total equity decreased to CNY 93,441,788.62 from CNY 100,505,279.46 year-over-year, reflecting a decline of 7.5%[34]. Cash Flow - Net cash flow from operating activities increased by 85.60% to CNY 59,099,280.18 compared to the same period last year[8]. - Operating cash inflow for the first nine months of 2014 was CNY 177,260,960.40, a decrease of 21.1% compared to CNY 224,626,422.93 in the same period last year[42]. - Cash outflow for purchasing goods and services was CNY 38,033,154.92, down 61.1% from CNY 97,709,226.24 in the previous year[42]. - Cash flow from investment activities was negative CNY 10,665,949.67, an improvement from negative CNY 36,970,164.63 in the same period last year[43]. - Cash inflow from financing activities increased significantly to CNY 80,000,000.00, compared to CNY 20,000,000.00 in the previous year, marking a 300% increase[43]. - Net cash flow from financing activities was CNY 4,154,918.01, a turnaround from negative CNY 29,966,923.13 year-on-year[43]. - The ending cash and cash equivalents balance was CNY 158,727,037.64, slightly down from CNY 164,692,828.32 at the end of the previous year[43]. - Total cash inflow from operating activities for the parent company was CNY 27,433,946.82, down 38.8% from CNY 44,821,320.25 in the previous year[46]. - The parent company's net cash flow from operating activities was negative CNY 20,273,127.37, worsening from negative CNY 12,753,604.59 year-on-year[46]. - Cash flow from financing activities for the parent company was CNY 15,000,000.00, down from CNY 33,000,000.00 in the previous year[47]. Shareholder Information - The number of shareholders at the end of the reporting period was 5,902[10]. - The largest shareholder, Xi'an Economic Development Group, holds 20.40% of the shares[10]. Corporate Actions - The company is planning a major asset restructuring involving the acquisition of 100% equity of Shaanxi Automobile Group Co., Ltd. from Shaanxi Automobile Holding Group Co., Ltd.[19]. - The company’s stock was suspended for trading on August 25, 2014, due to significant matters related to the asset restructuring[19]. - The company has undergone changes in its board of directors and management, with new appointments made on August 28, 2014[18]. Other Financial Metrics - Long-term borrowings increased by 103.23% to CNY 63,000,000.00 due to increased loans from subsidiaries[13]. - Other receivables increased by 114.16% to CNY 6,030,007.16, attributed to increased performance guarantees[13]. - The company’s income tax expenses decreased by 59.46% to ¥278,673.72 from ¥687,391.94 in the same period last year[14]. - The company reported a significant increase in other operating expenses, which rose by 113.68% to ¥123,701.00 from ¥57,891.14[14]. - The company has not made any significant changes to its accounting policies that would affect the financial statements[23]. - There are no warnings regarding potential losses or significant changes in net profit compared to the previous year[20].

Financial Performance - The company's operating revenue for the first half of 2014 was approximately ¥93.45 million, a decrease of 24.33% compared to ¥123.50 million in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2014 was approximately ¥319,273.55, down 93.31% from ¥4.77 million in the previous year[23]. - The basic earnings per share for the first half of 2014 was ¥0.01, a decline of 87.5% compared to ¥0.08 in the same period last year[21]. - The total assets at the end of the reporting period were approximately ¥619.84 million, a decrease of 12.23% from ¥706.20 million at the end of the previous year[23]. - The net cash flow from operating activities for the first half of 2014 was approximately -¥48.94 million, compared to -¥63.79 million in the same period last year[23]. - The weighted average return on net assets for the first half of 2014 was 0.25%, a decrease of 3.83 percentage points from 4.08% in the previous year[21]. - The net profit after deducting non-recurring gains and losses was approximately -¥740,339.02, down 117.96% from ¥4.12 million in the same period last year[23]. - The company reported a total of ¥1.06 million in non-recurring gains, primarily from government subsidies and other income[23]. - The net profit attributable to the parent company was ¥319,273.55, down 93.31% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥740,339.02, a decrease of 117.96%[25]. - The company reported a net profit of 10,537,539.48 CNY for the year 2013, but due to previous losses, the undistributed profit remains at -90,417,631.02 CNY[40]. Revenue Segmentation - The revenue from the computer information technology segment was ¥25,070,355.45, a decline of 22.02% year-on-year, with a gross margin of 20.52%[29]. - The education segment generated revenue of ¥68,058,931.00, an increase of 8.54% year-on-year, with a gross margin of 64.01%[29]. - The main business income from the education sector was CNY 68,058,931.00, accounting for 73.0% of total revenue[182]. Cash Flow and Liquidity - The operating cash flow for the period was -¥48,944,447.86, an improvement from -¥63,790,926.13 in the previous year[28]. - The total cash inflow from financing activities was 15,000,000.00 RMB, down from 33,000,000.00 RMB in the previous year[79]. - The total cash received from government subsidies was 404,800.00, contributing to the overall cash flow[191]. - The total cash payments related to operating activities amounted to 26,207,689.73, reflecting the company's operational expenditures[191]. - The total cash balance of RMB 34,634,247.93 as of June 30, 2014, compared to RMB 106,474,189.12 at the beginning of the year[138]. Assets and Liabilities - The total current assets as of June 30, 2014, amounted to RMB 88,421,762.56, a decrease from RMB 169,925,760.59 at the beginning of the year, reflecting a decline of approximately 48%[66]. - Total assets decreased from ¥706,203,528.14 at the beginning of the year to ¥619,840,199.77, a decline of approximately 12.3%[67]. - Current liabilities decreased from ¥508,783,658.29 to ¥387,595,466.69, a reduction of about 23.7%[67]. - Total liabilities decreased from ¥539,783,658.29 to ¥450,595,466.69, a decrease of around 16.5%[67]. - The total amount of accounts payable at the end of the period is CNY 57,445,297.84, down from CNY 66,109,562.50 at the beginning of the period[162]. Shareholder Information - The total number of shareholders at the end of the reporting period was 6,592[56]. - The largest shareholder, Xi'an Economic Development Group, holds 20.4% of the shares, totaling 12,740,232 shares[57]. - The second-largest shareholder, Xi'an Economic Development and Trade Co., Ltd., holds 6.35% of the shares, totaling 3,969,085 shares[57]. Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[5]. - The company has not experienced any penalties or investigations from regulatory authorities during the reporting period[49]. - The company has committed to maintaining good governance practices in accordance with relevant laws and regulations[50]. - The company has established an internal control incentive mechanism and completed the necessary documentation for internal control evaluations[51]. Research and Development - Research and development expenses increased by 109.06% to ¥1,534,135.86, reflecting the company's commitment to enhancing its computer information business[28]. - The company aims to strengthen its core competitiveness by continuously enhancing its R&D capabilities and expanding its market share[30]. Future Outlook - The company plans to enhance its main business profitability by refining its development strategy and improving management practices in the second half of 2014[26]. - The company is exploring potential restructuring opportunities with Shaanxi Automotive Holding Group Co., Ltd., which may impact future operations[197]. Related Party Transactions - The total amount of related party transactions for the period was 408,700.21, significantly lower than 14,130,548.02 in the previous period, with a notable decrease in transactions with the parent company[197]. - The accounts receivable from related parties at the end of the period amounted to ¥1,003,926.69, with a bad debt provision of ¥63,499.34, compared to ¥779,610.19 and ¥51,808.84 at the beginning of the period, indicating an increase of 28.8% in total receivables[199]. Financial Position - The company has a significant amount of other payables exceeding one year, primarily due to loans and interest from subsidiaries[169]. - The company has no overdue borrowings at the end of the period, indicating good financial management[173]. - The total amount of dividends payable at the end of the period is 1,260,472.60, unchanged from the beginning of the period[168].

Financial Performance - Operating revenue for the first quarter was CNY 43,250,754.56, representing a decline of 8.97% year-on-year[13] - Net profit attributable to shareholders was a loss of CNY 157,887.91, a decrease of 107.42% compared to the same period last year[13] - Basic and diluted earnings per share were both CNY -0.003, down 108.82% from CNY 0.034 in the previous year[13] - Net profit for the period was ¥1,066,658.98, down from ¥3,862,336.77, representing a decline of approximately 72.4% year-over-year[34] - The net profit attributable to the parent company was a loss of ¥157,887.91 compared to a profit of ¥2,127,746.50 in the previous period[34] Cash Flow - The net cash flow from operating activities was a negative CNY 29,178,413.06, improving from a negative CNY 49,458,046.25 in the previous year[13] - Cash flow from operating activities showed a net outflow of ¥29,178,413.06, improving from a net outflow of ¥49,458,046.25 year-over-year[39] - Cash flow from investing activities resulted in a net outflow of ¥6,901,457.79, compared to a net outflow of ¥11,747,686.31 in the previous period[40] - Cash flow from financing activities generated a net inflow of ¥33,554,093.90, contrasting with a net outflow of ¥14,081,976.18 in the previous period[40] - The ending cash and cash equivalents balance was ¥103,948,412.17, down from ¥124,500,216.14 year-over-year[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 700,591,777.96, a decrease of 0.79% compared to the end of the previous year[13] - Total current assets decreased from CNY 169,925,760.59 at the beginning of the year to CNY 167,379,866.55, a decline of approximately 1.45%[26] - Total liabilities decreased from CNY 539,783,658.29 to CNY 533,105,249.13, a decline of about 1.25%[27] - Long-term borrowings increased significantly from CNY 31,000,000.00 to CNY 91,000,000.00, an increase of about 194.8%[27] - Owner's equity increased slightly from CNY 166,419,869.85 to CNY 167,486,528.83, an increase of about 0.64%[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,270[15] - The largest shareholder, Xi'an Economic Development Group Co., Ltd., holds 20.40% of the shares, totaling 12,740,232 shares[15] - The second-largest shareholder, Xi'an Economic Development Trade Co., Ltd., holds 6.35% of the shares, totaling 3,969,085 shares[15] Operational Changes - The company terminated a major asset restructuring plan due to asset adjustments at Shaanxi Automobile Group, as approved in the board meeting on February 26, 2014[20] - The company changed its name to "Xi'an Botong Information Co., Ltd." with no change in stock code or abbreviation, as approved on April 23, 2014[21] - The company has committed not to discuss or plan any major asset restructuring for three months following the termination of the previous plan, effective from March 1, 2014[23] Other Financial Metrics - The weighted average return on net assets decreased by 1.97 percentage points to -0.13%[13] - The company reported a total of CNY 1,111,879.55 in net other operating income after deducting non-recurring gains and losses[12] - Non-operating income surged by 979.97% to ¥1,114,800, primarily due to increased government subsidies[18] - Development expenses increased by 40.39% to ¥2,070,890.70, reflecting higher investment in research and development in the computer information business[18]

Financial Performance - The net profit attributable to the parent company for 2013 was CNY 10,537,539.48, with an accumulated undistributed profit of CNY -90,417,631.02 as of December 31, 2013[8]. - The company will not distribute profits for 2013, including cash dividends or stock dividends, as the net profit will be used to offset previous years' losses[8]. - The company has faced losses in 2008, 2009, and 2010, which have contributed to the negative undistributed profits[8]. - The company's operating revenue for 2013 was CNY 260,456,411.43, a decrease of 16.66% compared to CNY 312,514,419.94 in 2012[28]. - The net profit attributable to shareholders for 2013 was CNY 10,537,539.48, down 35.29% from CNY 16,283,663.77 in 2012[28]. - The net cash flow from operating activities was CNY 7,850,532.74, a significant decline of 87.39% from CNY 62,272,670.72 in the previous year[28]. - Basic earnings per share for 2013 were CNY 0.17, a decrease of 34.62% from CNY 0.26 in 2012[28]. - The company reported a weighted average return on equity of 8.80% for 2013, down from 15.31% in 2012, reflecting a decrease of 6.51 percentage points[28]. - The total revenue for the company in 2013 was CNY 260,051,257.97, a decrease of 16.69% compared to the previous year[41]. - The net profit attributable to the parent company for 2013 was CNY 10.5375 million, with a net profit of CNY 4.0870 million after deducting non-recurring gains and losses[40]. Business Operations - The company’s main business as of the end of 2013 includes computer information and higher education, with a reduction in municipal infrastructure construction[24]. - The company has undergone changes in its main business since its listing, with a focus shift towards computer information and higher education[24]. - The company completed the transfer of 76% equity in Xi'an Economic Development Infrastructure Construction Engineering Co., Ltd. in July 2013, impacting its revenue and cost structure[30]. - The company completed the transfer of 40% equity in Xi'an Boda Software Co., Ltd. for CNY 700,000, enhancing resource integration in its computer information business[44]. - The company sold 76% equity in Xi'an Jingfa Infrastructure Construction Co., Ltd. for CNY 27,546,430.01, which was a related party transaction[45]. - The company has invested in the development of computer information technology, adapting to trends in cloud computing and IoT[43]. - The company’s net profit from the Xi'an Jiaotong University City College was CNY 17,694,262.91, attributed to stable enrollment and increased tuition fees[48]. - The number of full-time undergraduate students at the City College reached over 11,700, with a focus on improving educational quality and reputation[43]. Research and Development - Research and development expenses increased by 195.90% to CNY 1,812,259.15 in 2013, compared to CNY 612,456.74 in 2012[33]. - The company's research and development expenses totaled CNY 1,812,259.15, accounting for 0.70% of total revenue[38]. - The company has registered numerous software copyrights and product registrations, indicating a strong commitment to R&D[43]. - The company collaborates with key universities to enhance its R&D capabilities and drive innovation in application software[61]. - The company has a strong focus on R&D, having developed a mature, flexible, secure, and efficient middleware technology platform widely used in e-government applications[60]. Financial Position - The total assets at the end of 2013 were CNY 706,203,528.14, an 8.88% decrease from CNY 775,000,521.80 at the end of 2012[28]. - Cash and cash equivalents decreased by 46.71% to CNY 106,474,189.12, accounting for 15.08% of total assets[42]. - The company’s long-term borrowings decreased by 61.73% to CNY 31,000,000.00, reflecting a strategic reduction in debt[42]. - The total liabilities decreased from CNY 617,509,395.10 to CNY 539,783,658.29, a reduction of approximately 12.6%[131]. - Current liabilities totaled CNY 508,783,658.29, down from CNY 536,509,395.10, reflecting a decrease of about 5.2%[131]. - The company's total equity at the end of the previous year was CNY 96,923,504.71, with a capital reserve of CNY 145,663,447.66[156]. Corporate Governance - The company has received a standard unqualified audit report from Xin Yong Zhong He Accounting Firm[7]. - The company has established a comprehensive cash dividend mechanism to protect investor rights and ensure transparency in decision-making processes[64]. - The company emphasizes social responsibility, focusing on safety production, product quality, environmental protection, and employee rights[66]. - The company has established a labor union and a representative assembly to ensure employee participation in major decisions[68]. - The company has implemented effective internal control measures and has not encountered any insider trading incidents[107]. - The company continues to enhance its corporate governance structure in compliance with relevant laws and regulations[107]. Future Plans - The company aims to enhance its market competitiveness by focusing on core business areas, particularly in computer information and higher education sectors[35]. - The company aims to achieve a revenue target of RMB 245 million in 2014, with a cost control target of RMB 233 million[57]. - The company plans to invest RMB 35 million in its computer information business and RMB 45 million in the construction of the city college campus in 2014[59]. - The company is committed to optimizing its internal control mechanisms to enhance operational management and risk prevention capabilities[58]. - The company is focused on seizing opportunities from the new round of western development and the transformation of domestic and foreign industries[89]. Shareholder Information - The first major shareholder is Xi'an Economic Development Group Co., Ltd., holding 22.40% of the total share capital[25]. - The largest shareholder, Xi'an Economic Development Group Co., Ltd., holds 12,740,232 shares, representing 20.40% of total shares, with no changes during the reporting period[86]. - The company has 8,599 shareholders at the end of the reporting period, a slight increase from 8,597 prior to the report[86]. - The total number of shares outstanding is 62,458,000, with 20.40% being restricted shares and 79.60% being unrestricted shares[83]. - The company has not proposed any cash dividends or stock bonuses for the years 2011, 2012, and 2013 due to previous losses[66]. Compliance and Risk Management - The company has not identified any risks in its operations or management practices during the reporting period[115]. - The company has established a mechanism for long-term development in harmony with the environment, focusing on energy conservation and environmental protection[68]. - The company has no significant litigation or arbitration matters pending as of the report date[71]. - The company has no major contracts or guarantees during the reporting period[73]. - The company has no major asset acquisition or disposal matters during the reporting period[71].