Financial Performance - Operating revenue decreased by 4.90% to CNY 42,600,314.75 compared to the same period last year[7] - Net profit attributable to shareholders was CNY -6,348,163.98, a decrease of 1,069.85% year-on-year[7] - Basic and diluted earnings per share were both CNY -0.039, a decrease of 1,075.00% compared to the previous year[7] - The net loss for Q1 2018 was CNY 6,348,283.15, compared to a net profit of CNY 654,430.32 in Q1 2017[27] - Operating revenue for Q1 2018 was CNY 42,600,314.75, a decrease of 4.9% compared to CNY 44,796,972.13 in the same period last year[31] - Net profit for Q1 2018 was a loss of CNY 6,333,924.97, compared to a profit of CNY 669,270.37 in Q1 2017, indicating a significant decline[31] - The company reported an operating profit of CNY -6,314,130.06, a significant decline from CNY 405,430.36 in Q1 2017[27] - Total comprehensive income for Q1 2018 was a loss of CNY 6,333,924.97, compared to a gain of CNY 669,270.37 in the same quarter last year[32] Cash Flow - Cash flow from operating activities was CNY 10,664,122.97, a significant improvement from CNY -30,603,103.86 in the previous year[7] - Cash received from sales and services surged by 207.48% to ¥71,683,069.36, reflecting increased cash inflows during the reporting period[14] - Cash from loans received rose by 50.00% to ¥60,000,000.00, indicating an increase in borrowing during the reporting period[14] - Cash paid for dividends and interest increased by 66.60% to ¥1,815,520.81, driven by a larger average loan size[14] - The company received CNY 60,000,000.00 in cash from borrowings during Q1 2018, an increase from CNY 40,000,000.00 in Q1 2017[35] - Cash and cash equivalents at the end of Q1 2018 totaled CNY 55,617,417.37, up from CNY 22,516,009.67 at the end of Q1 2017[35] Assets and Liabilities - Total assets increased by 3.74% to CNY 424,510,509.73 compared to the end of the previous year[7] - Total current assets amounted to ¥347,638,321.56, up from ¥331,905,169.33 at the beginning of the year[19] - Total liabilities increased to ¥230,643,266.93 from ¥208,994,793.47, reflecting a rise in short-term borrowings[20] - Current liabilities rose to CNY 224,054,128.30, up from CNY 202,405,654.84 at the start of the year, reflecting a 10.1% increase[24] - The total equity decreased to CNY 199,718,439.22 from CNY 206,052,364.19, a decline of 3.2%[25] - Total liabilities increased to CNY 234,454,128.30 from CNY 212,805,654.84, reflecting a 10.2% increase[24] Expenses - Total operating costs increased to CNY 50,474,364.88, up 13.4% from CNY 44,391,541.77 in the same period last year[27] - Management expenses increased by 38.72% to ¥6,272,254.95 due to higher R&D expenditures during the reporting period[14] - Financial expenses rose by 53.10% to ¥1,742,311.67, primarily due to an increase in average loan size[14] - Tax payments increased by 387.30% to ¥7,684,476.25, mainly due to higher VAT payments from December 2017 production compared to December 2016[14] - Financial expenses for Q1 2018 were CNY 1,742,311.67, up from CNY 1,137,630.88 in the previous year, indicating a 53.2% increase[31] Shareholder Information - The number of shareholders reached 21,057, with the top ten shareholders holding a total of 75,842,720 shares, accounting for 46.31% of total shares[10] - The company received government subsidies amounting to CNY 1,507,500.00, closely related to its normal business operations[6] - The company reported a non-operating income of CNY 1,476,265.68, primarily from non-recurring gains[9] - The company reported other income of CNY 1,507,500.00 in Q1 2018, contributing to its overall financial performance[31]

Financial Performance - The company reported a net profit attributable to shareholders of 2,128,807.64 CNY for 2017, a decrease of 7.91% compared to 2,311,558.41 CNY in 2016[5]. - The total revenue for 2017 was 273,157,025.65 CNY, reflecting a decline of 1.62% from 277,641,410.07 CNY in 2016[23]. - The company reported a loss of -2,068,081.02 CNY for net profit after deducting non-recurring gains and losses in 2017, compared to a loss of -31,333,638.47 CNY in 2016[23]. - The basic earnings per share for 2017 was 0.013 CNY, a decrease of 7.14% from 0.014 CNY in 2016[22]. - The company reported a total profit of CNY 2,152,516.31, down from CNY 3,426,604.11 in the previous year[174]. - The total comprehensive income for the year was CNY 2,128,807.64, compared to CNY 2,311,558.41 in the previous year[175]. - The company reported a net loss of CNY 110,244,568.13, slightly improved from a loss of CNY 112,373,375.77 in the previous year[169]. Cash Flow - The company reported a negative cash flow from operating activities of -51,125,860.90 CNY in 2017, worsening from -31,113,425.92 CNY in 2016[23]. - The company reported a significant cash flow from operating activities of 4,835,379.91 RMB in Q2, contrasting with a negative cash flow of -30,603,103.86 RMB in Q1[24]. - Cash inflow from operating activities decreased to ¥240,950,137.57 from ¥316,686,719.23, a decline of approximately 24%[180]. - Cash outflow from operating activities decreased to ¥292,075,998.47 from ¥347,800,145.15, a decline of about 16%[180]. - Net cash flow from financing activities improved to ¥34,277,454.13 from ¥4,895,528.88[181]. Assets and Liabilities - The company’s total assets increased by 15.72% to 409,210,319.42 CNY at the end of 2017, compared to 353,631,911.18 CNY at the end of 2016[23]. - Accounts receivable increased by 100.36% to CNY 154,703,435.60, representing 37.81% of total assets[61]. - Total liabilities increased to CNY 208,994,793.47, compared to CNY 155,534,983.90, indicating a rise of 34.3%[168]. - Current liabilities increased to CNY 198,594,793.47, up from CNY 148,034,983.90, reflecting a growth of 34.1%[168]. Operational Highlights - The company achieved total operating revenue of CNY 273.16 million in 2017, a decrease of 1.62% compared to the previous year[42]. - Operating costs decreased by 13.04% to CNY 214.38 million from CNY 246.52 million in the previous year[44]. - The company sold 245 units of the postal service robot "You Xiao Meng" in 2017, marking a significant step in expanding its self-owned product offerings[39]. - The company’s application software business successfully launched several platform-level projects, including the new generation of the Philately Cloud platform and the GIS project[30]. Research and Development - Research and development expenses increased by 359.10% to CNY 3.06 million, reflecting the company's commitment to innovation[44]. - The company employed 149 R&D personnel, making up 40% of the total workforce[55]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,443, down from 21,057 at the end of the previous month[114]. - The top shareholder, Beijing Zhongyou Asset Management Co., Ltd., held 53,128,388 shares, representing 32.98% of the total shares[116]. Governance and Compliance - The company maintained independence from its controlling shareholder, with no interference in decision-making processes[142]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal requirements[147]. - The company held three shareholder meetings during the reporting period, ensuring compliance with legal requirements and protecting the rights of minority shareholders[141]. Future Outlook - The company plans to promote the nationwide application of the GIS project for postal addresses in 2018, following successful pilot tests[38]. - The company plans to achieve revenue of 283 million yuan and a net profit of 3 million yuan in 2018[81]. - The company plans to increase investment in information technology and new business initiatives to improve operational efficiency and customer experience[77].

Financial Performance - Operating revenue decreased by 20.07% to CNY 166,235,756.58 for the first nine months compared to the same period last year[5] - Net profit attributable to shareholders was CNY 2,414,322.86, a significant recovery from a loss of CNY 4,717,614.13 in the previous year[5] - Basic and diluted earnings per share improved to CNY 0.015 from a loss of CNY 0.029 in the previous year[5] - Net profit for the period was CNY 1.04 million, compared to a net loss of CNY 0.50 million in the same period last year[27] - Operating revenue for the first nine months was CNY 166.24 million, down 20.3% from CNY 207.99 million year-on-year[26] - The company reported a gross profit margin of approximately 1.2% for the current period, compared to a negative margin in the previous year[27] - Total profit for the first nine months of 2017 was ¥2,458,504.52, compared to a loss of ¥3,728,045.96 in the same period of 2016[30] Assets and Liabilities - Total assets increased by 15.58% to CNY 408,729,475.58 compared to the end of the previous year[5] - Total liabilities rose to ¥208,218,595.22 from ¥155,534,983.90, reflecting increased short-term borrowings and other liabilities[16] - Total assets increased to CNY 416.94 million from CNY 362.00 million, representing a growth of approximately 15.1%[20] - Current assets rose to CNY 329.25 million, up from CNY 274.05 million, marking a 20.2% increase[20] - Total liabilities increased to CNY 211.78 million from CNY 159.30 million, reflecting a rise of 32.9%[21] - The company's total equity increased slightly to ¥200,510,880.36 from ¥198,096,927.28, showing a stable equity position despite losses[16] Cash Flow - The net cash flow from operating activities for the first nine months was a negative CNY 53,788,454.85, an improvement from negative CNY 59,094,217.14 in the previous year[5] - Cash flow from operating activities for the first nine months of 2017 was negative at -¥53,788,454.85, an improvement from -¥59,094,217.14 in the same period of 2016[34] - Operating cash flow for the first nine months of 2017 was CNY 143,225,297.13, a decrease of 26.8% compared to CNY 195,650,830.74 in the same period last year[37] - Net cash flow from operating activities was -CNY 53,827,055.95, slightly improved from -CNY 59,471,754.16 year-over-year[37] - Total cash and cash equivalents at the end of Q3 2017 was ¥46,234,026.38, up from ¥25,886,889.05 at the end of Q3 2016[35] - The company experienced a net decrease in cash and cash equivalents of -CNY 8,081,794.12, an improvement from -CNY 22,925,676.91 in the previous year[38] Shareholder Information - The total number of shareholders reached 21,052 by the end of the reporting period[8] - The top shareholder, Beijing Zhongyou Asset Management Co., held 32.98% of the shares[8] Other Financial Metrics - Government subsidies recognized in the first nine months amounted to CNY 575,420.00[6] - Non-recurring gains and losses totaled CNY 210,897.47 for the first nine months[6] - Accounts receivable increased by 66.09% to ¥128,242,069.73 from ¥77,210,938.53 due to the timing of contractually agreed payments[6] - Prepayments surged by 159.61% to ¥7,519,756.42 from ¥2,896,577.46, primarily due to invoices for prepaid goods not yet received[6] - Short-term borrowings rose by 55.56% to ¥140,000,000.00 from ¥90,000,000.00, reflecting new bank loans during the reporting period[6] - Employee compensation payable decreased by 82.85% to ¥1,317,938.16 from ¥7,686,005.79, attributed to payments made for labor costs[6] - Deferred income increased by 52.00% to ¥11,400,000.00 from ¥7,500,000.00, due to funds received for the application demonstration project of the Beidou satellite navigation system in postal logistics[6] - Tax expenses decreased by 46.02% to ¥6,373,376.74 from ¥11,807,482.33, resulting from a decline in revenue during the reporting period[12] - Other income dropped by 80.85% to ¥581,618.06 from ¥3,037,266.90, as some income was reclassified under other earnings per new accounting standards[12] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[27]

Financial Performance - The company's operating revenue for the first half of 2017 was ¥88,225,673.54, a decrease of 31.86% compared to ¥129,477,820.59 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥1,373,189.87, a significant recovery from a loss of ¥4,215,990.98 in the previous year[18]. - The net cash flow from operating activities was -¥25,767,723.95, an improvement from -¥36,398,230.30 in the same period last year[19]. - The total assets increased by 15.06% to ¥406,892,007.95 from ¥353,631,911.18 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company rose by 0.69% to ¥199,411,969.92 from ¥198,038,780.05 at the end of the previous year[19]. - The basic earnings per share for the first half of 2017 was ¥0.0085, compared to a loss of ¥0.0262 in the same period last year[20]. - The weighted average return on net assets increased by 2.92 percentage points to 0.69% from -2.23% in the previous year[20]. - The company reported a net loss of ¥111,000,185.90, an improvement from a loss of ¥112,373,375.77 in the previous period[85]. - The company reported a total comprehensive income of ¥1,372,939.27, recovering from a comprehensive loss of ¥4,219,654.61 in the previous period[91]. Revenue and Costs - Total operating revenue decreased by 31.86% to ¥88,225,673.54 compared to ¥129,477,820.59 in the same period last year, primarily due to a reduction in product sales revenue[39]. - Total operating costs decreased by 34.31% to ¥88,939,522.34 from ¥135,386,144.49, attributed to the decline in revenue[39]. - The company maintained a focus on cost control, with significant reductions in sales and management expenses compared to the previous year[90]. Investments and R&D - The company has invested in R&D, with R&D expenditures increasing by 15.32% to 626,334.81 yuan compared to 543,142.77 yuan in the previous year[36]. - The company is actively developing new products, including robots and handheld terminals, to meet customer needs[32]. - The company is focusing on platform-level software products, including the development of a vehicle operation control platform and a new generation of philately cloud platform[31]. Legal and Compliance - The company is currently involved in multiple legal proceedings, including a case with Changsha Shengde Li Real Estate Development Co., which is under review by the Hunan Provincial High Court[57]. - The company is involved in a lawsuit concerning import and export commission disputes, with the case being accepted by the court on June 4, 2015, and further requests added on June 25, 2015[54]. - The company reported a court victory in a lawsuit against Zhuzhou Xinglian Technology Co., with a judgment in favor of the company for 202,000 yuan[56]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period was 23,351, indicating a stable shareholder base[67]. - The top shareholder, Beijing Zhongyou Asset Management Co., Ltd., holds 53,128,388 shares, representing 32.98% of the total shares[69]. - Postal Scientific Research Planning Institute holds 10,229,332 shares, accounting for 6.35% of the total shares[69]. Assets and Liabilities - Total current assets amount to 331,795,487.05 RMB, an increase from 277,274,842.10 RMB at the beginning of the period[82]. - Total current liabilities increased to ¥199,922,141.40 from ¥148,034,983.90, representing a growth of approximately 35.0%[88]. - Total liabilities amounted to ¥207,422,141.40, up from ¥155,534,983.90, representing an increase of about 33.3%[88]. Accounting Policies - The financial statements are prepared in accordance with the relevant accounting standards, reflecting the company's financial position and operating results accurately[127]. - The company has not reported any significant changes in accounting policies or estimates that would materially affect the financial statements for the reporting period[63]. - The company follows specific accounting policies for mergers and acquisitions, including the treatment of goodwill and identifiable net assets[132]. Cash Flow - The net cash flow from operating activities was negative at CNY -25,806,325.05, an improvement from CNY -36,760,112.07 in the same period last year[100]. - The company reported a net cash flow from financing activities of CNY 47,490,812.49, an increase of 73% compared to CNY 27,446,651.10 in the previous period[100]. - Cash and cash equivalents increased to ¥81,709,572.22 from ¥59,663,374.67 RMB[82]. Government Grants and Subsidies - The company received government subsidies totaling RMB 1,250,000, which were reclassified from "other income" to "other gains" in the financial statements, with no significant impact on the overall financial results[63]. Operational Focus - The company’s main business includes information system integration, software development, and the production and sales of postal machines and intelligent express boxes[120]. - The company has established a market service network centered around five major regions: North China, East China, Southwest, Central South, and South China[33].

Financial Performance - Operating revenue increased by 16.52% to CNY 44,796,972.13 year-on-year[7] - Net profit attributable to shareholders was CNY 654,553.49, a significant recovery from a loss of CNY 5,253,455.73 in the same period last year[7] - Basic and diluted earnings per share improved to CNY 0.004 from a loss of CNY -0.033[7] - Operating profit reached CNY 405,430.36, a significant recovery from a loss of CNY 5,845,943.89 in the previous year[25] - Net profit for the period was CNY 654,430.32, compared to a net loss of CNY 5,253,654.93 in the same quarter last year[25] - Net profit for Q1 2017 reached CNY 669,270.37, a significant turnaround from a net loss of CNY 5,229,654.93 in Q1 2016[29] - Basic and diluted earnings per share for Q1 2017 were CNY 0.004, compared to a loss of CNY 0.033 per share in the previous year[29] - The company reported a total comprehensive income of CNY 669,270.37 for Q1 2017, contrasting with a comprehensive loss of CNY 5,229,654.93 in the same quarter of the previous year[29] Assets and Liabilities - Total assets decreased by 2.33% to CNY 345,385,999.10 compared to the end of the previous year[7] - Total current assets decreased to CNY 266,468,759.74 from CNY 274,045,579.44 at the beginning of the year, reflecting a decline of 2.1%[22] - Total liabilities decreased to CNY 150,195,502.87 from CNY 159,295,845.27, a reduction of 5.0%[23] - Total current liabilities decreased from ¥148,034,983.90 to ¥139,134,641.50, a reduction of approximately 6.1%[18] - Total assets decreased from ¥353,631,911.18 to ¥345,385,999.10, reflecting a decline of about 2.3%[17] - Total equity increased slightly from ¥198,096,927.28 to ¥198,751,357.60, indicating a marginal growth[19] Cash Flow - The net cash flow from operating activities was negative at CNY -30,603,103.86, compared to CNY -25,583,333.75 in the previous year[7] - Cash flow from operating activities showed a net outflow of CNY 30,603,103.86, worsening from a net outflow of CNY 25,583,333.75 in Q1 2016[31] - Cash and cash equivalents decreased by 53.24% to ¥27,900,724.11 due to payments for goods, labor costs, and taxes during the reporting period[13] - Cash and cash equivalents at the end of Q1 2017 were CNY 22,516,009.67, compared to CNY 21,858,088.41 at the end of Q1 2016[32] - Total cash outflow from investing activities was CNY 68,326.71, a decrease from a cash inflow of CNY 29,392.12 in the same period last year[32] - Cash flow from financing activities resulted in a net outflow of CNY 1,089,779.16, slightly worse than the net outflow of CNY 1,022,998.90 in Q1 2016[32] Shareholder Information - The total number of shareholders reached 17,934[10] - The largest shareholder, Beijing Zhongyou Asset Management Co., Ltd., holds 32.98% of the shares[10] Operational Metrics - Operating expenses increased by 125.84% to ¥552,271.20, due to reclassification of certain taxes previously reported under management fees[14] - Non-operating expenses rose significantly by 978.43% to ¥351,000.04, primarily due to late tax payments[14] - The total cost of operations was CNY 44,391,541.77, slightly up from CNY 44,293,071.35, indicating a marginal increase of 0.2%[25] - The company incurred sales expenses of CNY 2,683,447.70, up from CNY 2,344,561.36 in the previous year, indicating increased marketing efforts[29] - The company reported a significant increase in sales expenses, which rose to CNY 2,683,447.70 from CNY 2,368,561.36, an increase of 13.3%[25] Accounts Receivable and Payables - Accounts receivable increased by 37.30% to ¥106,007,917.77, reflecting a rise in revenue during the reporting period[13] - Accounts receivable increased to CNY 104,850,717.32 from CNY 76,053,738.08, representing a growth of 38.0%[22] - Prepayments rose by 62.11% to ¥4,695,534.09, attributed to advance payments for goods not yet invoiced[13] - Payable to employees decreased by 60.46% to ¥3,039,013.14, due to payments made during the reporting period[13] - Tax payable surged by 387.41% to ¥2,610,048.14, driven by increased revenue[13] Product Development and Strategy - The company has not disclosed any significant new product developments or market expansion strategies in this report[12]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 2,311,558.41 in 2016, compared to a net loss of RMB 39,529,770.11 in 2015[3]. - Total revenue for 2016 was RMB 277,641,410.07, representing a year-on-year increase of 36.74% from RMB 203,040,430.86 in 2015[21]. - The basic earnings per share for 2016 was RMB 0.014, a significant improvement from a loss of RMB 0.245 per share in 2015[22]. - The weighted average return on equity increased to 1.20% in 2016, up by 19.94 percentage points from -18.74% in 2015[22]. - The company reported a negative retained earnings of RMB -112,373,375.77, leading to no profit distribution for the year[3]. - The company reported a net profit margin of 12%, reflecting an improvement from 10% in the previous year[118]. - The net profit attributable to shareholders was RMB 2.31 million, a reduction in loss of RMB 41.84 million compared to the previous year[43]. - The company reported a comprehensive income loss of 39,542,335.05 RMB for the year, indicating a challenging financial performance[179]. Revenue and Contracts - The company achieved an operating revenue of RMB 277.64 million in 2016, representing a year-on-year growth of 36.74%[43]. - Total contracts signed in 2016 amounted to ¥35,573,000, representing a net increase of ¥17,839,000 or 101% compared to 2015[35]. - The system integration business saw a contract amount of ¥226 million in 2016, which is a 76% increase year-on-year[32]. - The company signed contracts worth ¥8,670,000 for smart parcel lockers in 2016, expanding its product line significantly[33]. - The GIS Beidou application business secured contracts totaling ¥12,640,000 in 2016, focusing on logistics industry solutions[32]. Cash Flow and Assets - Cash flow from operating activities showed a net outflow of RMB -31,113,425.92 in 2016, worsening from RMB -20,177,551.08 in 2015[21]. - The company's total assets increased by 4.49% to RMB 353,631,911.18 at the end of 2016, up from RMB 338,440,185.95 at the end of 2015[21]. - The company's cash and cash equivalents increased to CNY 59,663,374.67 from CNY 50,620,813.29, representing a growth of approximately 17.9%[154]. - The ending cash and cash equivalents balance was CNY 54,277,219.40, an increase from CNY 48,435,028.94 at the beginning of the year[169]. Liabilities and Equity - The company's total liabilities increased due to a rise in bank loans, with cash received from loans amounting to CNY 120,000,000.00, a 35.15% increase from the previous year[59]. - The company's total liabilities amounted to CNY 155,534,983.90, up from CNY 147,134,043.30, indicating an increase of about 5.0%[155]. - The total equity attributable to shareholders increased to CNY 198,038,780.05 from CNY 191,227,758.47, reflecting a growth of about 3.9%[156]. Research and Development - The company’s R&D expenditure decreased by 68.69% to RMB 666.66 thousand compared to the previous year[46]. - The company’s R&D expenditure totaled CNY 666,660.77, accounting for 0.24% of total revenue, with 65 R&D personnel representing 19% of the total workforce[56]. - Research and development investments increased by 25%, focusing on innovative technologies in supply chain management[119]. Strategic Initiatives - The company plans to accelerate the development of new products based on internet innovations and big data analytics to enhance market opportunities[35]. - The company aims to strengthen its core competitiveness by focusing on talent development and optimizing management practices[37]. - The company is actively exploring new product applications and technological advancements in the postal sector under the "Technology Prosperity Postal" strategy[77]. - The company plans to enhance its market expansion capabilities through the promotion of self-developed products and the execution of large-scale projects[39]. Governance and Compliance - The company appointed Tianzhi International Accounting Firm as the auditor for the 2016 financial year, with an audit fee of 500,000 RMB[90]. - The internal control audit will also be conducted by Tianzhi International Accounting Firm, with a fee of 150,000 RMB[90]. - The company has a clear governance structure with defined responsibilities among power, decision-making, supervisory, and management bodies[133]. - The company maintained compliance with legal and regulatory requirements in its governance structure[135]. Legal Matters - There are significant litigation and arbitration matters reported for the year[92]. - The company is involved in ongoing litigation regarding unpaid debts, including a case where it is pursuing 3.63 million RMB from the Zhuzhou Xinglian Technology Co., Ltd[93]. - The company has successfully executed a court ruling in its favor for a claim of 496,909 RMB plus interest of 196,775 RMB against Hunan Century Lingyun Information Technology Co., Ltd[93]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,909, down from 16,540 at the end of the previous month[107]. - The company has not disclosed any significant changes in its ordinary share capital structure during the reporting period[105]. - The company has not proposed any cash dividend distribution for 2016 due to negative retained earnings[83].

Financial Performance - Operating revenue for the first nine months reached CNY 207,988,029.13, a 53.85% increase year-on-year[5] - The company reported a basic earnings per share of -CNY 0.029, improving from -CNY 0.081 in the same period last year[5] - Total operating revenue for Q3 was 78,510,208.54 RMB, a 88.1% increase from 41,660,232.79 RMB in the same period last year[26] - Total profit for the first nine months was -3,728,045.96 RMB, compared to -13,000,620.90 RMB in the same period last year[31] - The company reported a net loss of ¥119,402,548.31, compared to a loss of ¥114,684,934.18 at the beginning of the year[20] - Net profit for Q3 was -502,056.94 RMB, compared to -7,679,709.27 RMB in the same period last year, indicating a significant reduction in losses[29] Assets and Liabilities - Total assets increased by 16.47% to CNY 394,180,244.59 compared to the end of the previous year[5] - Current assets rose to ¥320,364,140.59, up from ¥262,963,515.33, indicating an increase of about 21.8%[18] - Total liabilities rose to ¥207,595,813.49 from ¥147,134,043.30, an increase of approximately 41.1%[19] - Short-term borrowings increased by 49.88% to ¥120,200,000.00, reflecting an expansion in the company's loan scale[11] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 59,094,217.14, compared to a net outflow of CNY 27,617,202.01 in the previous year[5] - Cash outflows from operating activities totaled ¥255,291,956.88, a 39.10% increase compared to the previous period, due to higher procurement and payroll expenses[12] - The net cash flow from operating activities for the first nine months was -CNY 59.1 million, worsening from -CNY 27.6 million year-over-year[35] - The company’s cash flow from financing activities showed a net increase of CNY 36 million, contrasting with a net outflow of -CNY 13.4 million in the previous year[40] Shareholder Information - The company had a total of 15,810 shareholders at the end of the reporting period[9] - The largest shareholder, Beijing Zhongyou Asset Management Co., Ltd., held 53,128,388 shares, accounting for 32.98% of total shares[9] Government Support - The company received government subsidies amounting to CNY 2,986,767.00 for the year-to-date[6] Expenses - Total operating costs rose by 41.17% to ¥215,579,675.57, primarily due to increased revenue leading to higher costs[11] - The company incurred CNY 32.4 million in employee compensation during the first nine months, up from CNY 18.8 million year-over-year, indicating a rise in workforce expenses[35] - Sales expenses for Q3 were 3,499,168.51 RMB, an increase from 2,229,596.98 RMB in the same period last year[31] Investment and Income - Investment income decreased by 30.00% to ¥985,060.40, due to reduced investment dividends[11] - The company reported a total operating revenue of 207,988,029.13 RMB for the first nine months, a 54.0% increase from 135,186,718.37 RMB year-over-year[26]

Financial Performance - The company's operating revenue for the first half of 2016 was approximately CNY 129.48 million, representing a 38.44% increase compared to CNY 93.53 million in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2016 was approximately -CNY 4.22 million, an improvement from -CNY 5.38 million in the previous year[23]. - The net cash flow from operating activities for the first half of 2016 was approximately -CNY 36.40 million, compared to -CNY 25.02 million in the same period last year[23]. - The total operating revenue for the reporting period was CNY 129,477,820.59, representing a year-on-year increase of 38.44% due to increased investment in postal information technology construction[32]. - The total operating cost was CNY 135,386,144.49, which increased by 32.52% compared to the previous year, primarily driven by the rise in revenue[32]. - The weighted average return on net assets for the first half of 2016 was -2.23%, an improvement of 0.13 percentage points from -2.36% in the previous year[21]. - The company achieved a net profit attributable to shareholders of CNY -4,215,990.98, reducing losses by CNY 1,165,587.88 compared to the previous year[34]. - The company reported a total comprehensive loss of -¥4,219,654.61 for the current period, compared to -¥5,382,086.61 in the previous period[90]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 367.79 million, an increase of 8.67% from CNY 338.44 million at the end of the previous year[23]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 187.01 million, a decrease of 2.20% from CNY 191.23 million at the end of the previous year[23]. - The total current assets as of June 30, 2016, amount to 293,697,440.07 RMB, an increase from 262,963,515.33 RMB at the beginning of the period[81]. - Total current liabilities increased to ¥179,931,195.54 from ¥146,445,636.21, representing a growth of approximately 22.9%[87]. - Total liabilities increased to ¥186,731,195.54 from ¥153,445,636.21, reflecting a rise of around 21.6%[87]. - The company's total equity decreased to ¥189,643,227.04 from ¥193,421,480.59, a decline of about 2.0%[87]. Cash Flow - The net cash flow from operating activities was -CNY 36,398,230.30, reflecting an increase in tax and salary payments during the reporting period[32]. - Cash flow from operating activities showed a net outflow of -¥36,398,230.30, worsening from -¥25,020,202.57 in the prior period[95]. - Cash flow from investing activities showed a net inflow of CNY 874,553.00, a significant improvement from a net outflow of -CNY 1,047,015.88 in the previous year[99]. - Cash flow from financing activities resulted in a net inflow of CNY 27,446,651.10, compared to a net outflow of -CNY 22,093,394.53 last year[99]. - The total cash and cash equivalents at the end of the period was CNY 39,764,738.87, down from CNY 14,953,300.31 at the end of the previous year[99]. Shareholder Information - The total number of shareholders reached 17,178 by the end of the reporting period[67]. - The top shareholder, Beijing Zhongyou Asset Management Co., Ltd., holds 53,128,388 shares, accounting for 32.98% of the total shares[69]. - The second-largest shareholder, Postal Science Research Planning Institute, holds 11,562,232 shares, representing 7.18% of the total shares[69]. Legal Matters - The company is involved in ongoing litigation with a claim amount of CNY 476.05 million related to a dispute with Yongzhou Yongda Integrity Computer Co., Ltd.[51]. - The company won a lawsuit against Zhuzhou Xinglian Technology Co., Ltd. for CNY 202.00 million, but the opposing party has appealed[51]. - The company is currently in litigation regarding the operational rights of the Hongfei Building underground parking lot, with a claim amount of CNY 27.00 million[51]. - The company has reported a significant legal case involving a sales contract dispute with Changsha Shengdeli Real Estate Development Co., Ltd., which has been ongoing since October 2014[52]. Business Operations - The company has successfully entered the bidding for the postal group's smart parcel locker project, with ongoing projects in provinces including Guangdong, Chongqing, and Sichuan[25]. - The company is focusing on upgrading existing key projects, including the development of the ERP system for China Post and the management system for postal machines[25]. - The company is focusing on developing multiple large-scale software platforms, including a security intelligent networking platform and a postal big data platform[39]. - The company is recognized as a key research and technology support unit in the national postal system, enhancing its competitive advantage in the market[40]. Research and Development - Research and development expenses decreased by 40.47% to CNY 543,142.77, attributed to a reduction in R&D projects[32]. - The company has not reported any significant related party transactions outside of the disclosed operational transactions[57]. Equity and Investments - The company holds a stake in Changsha Bank with an initial investment of CNY 3,164,912.53, maintaining a shareholding ratio of 0.32%[42]. - The company received cash dividends amounting to CNY 985,060.40 from Changsha Bank during the reporting period[42]. Compliance and Governance - The company has not disclosed any new strategies or significant developments in its temporary announcements[54]. - The company has no new strategic investors or changes in controlling shareholders during the reporting period[71]. - The company’s financial statements are prepared based on the assumption of continued operations and relevant accounting standards[126].

Financial Performance - The company reported a net profit attributable to shareholders of -39,529,770.11 RMB for 2015, a decrease of 647.79% compared to the previous year's profit of 7,216,217.89 RMB[2]. - Total revenue for 2015 was 203,040,430.86 RMB, representing a year-on-year increase of 25.81% from 161,386,450.54 RMB in 2014[19]. - The company's net cash flow from operating activities was -20,177,551.08 RMB, worsening from -4,955,868.63 RMB in 2014[19]. - The total assets at the end of 2015 were 338,440,185.95 RMB, a decrease of 9.21% from 372,778,956.48 RMB at the end of 2014[19]. - The net assets attributable to shareholders decreased by 17.13% to 191,227,758.47 RMB from 230,757,528.58 RMB in 2014[19]. - Basic earnings per share for 2015 were -0.245 RMB, a decline of 644.44% compared to 0.045 RMB in 2014[20]. - The weighted average return on equity was -18.74%, down 21.92 percentage points from 3.18% in 2014[20]. - The company reported a gross margin of 5.22% in the postal industry, with a year-on-year increase of 2.07 percentage points[43]. - The company achieved an operating revenue of CNY 203.04 million in 2015, representing a year-on-year growth of 25.81%[39]. - The net profit attributable to shareholders was a loss of CNY 39.53 million, an increase in loss of CNY 46.75 million compared to the previous year[39]. Operational Strategy - The company is focusing on optimizing and integrating operations to reduce costs and improve efficiency, with a strategic emphasis on the postal market[35]. - The company has established three major market segments: external postal markets, Hunan postal services, and group company business, with sales increasing year-on-year[35]. - The company is actively pursuing technology research and development, particularly in the areas of GIS Beidou technology applications and smart parcel lockers[27]. - The company aims to enhance its core competitive advantages through independent innovation and the development of proprietary products[35]. - The company has received significant support from the China Post Group, enhancing its market position and resource access[31]. - The company is committed to risk control while cautiously expanding into external industries, focusing on familiar sectors such as public security and finance[36]. - The company has developed a comprehensive self-controlled software and hardware industry chain, positioning itself as a key IT service provider in the postal industry[30]. Legal and Compliance Issues - The company has faced litigation involving Hunan Xiangyou Real Estate Co., Ltd. and others, with the case being accepted by the Hunan Province Changsha Intermediate People's Court on March 20, 2015[77]. - The company is involved in a lawsuit regarding a contract dispute with Zhuzhou Xinglian Technology Co., Ltd., with an amount in dispute of 202 million RMB[79]. - The company has a pending case against Shenzhen Zhongdian Digital Display Co., Ltd. for an amount of 116.1 million RMB, with the court ruling that the company bears no legal responsibility[79]. - The company has been involved in multiple lawsuits, with significant amounts at stake, indicating potential financial risks[78]. - The company has taken measures to address litigation risks, including appealing unfavorable court decisions[78]. - The company has been active in legal proceedings, with several cases ongoing in 2015, reflecting its engagement in dispute resolution[79]. - The company has reported on its litigation status in various announcements, ensuring transparency with stakeholders[77]. Shareholder and Equity Information - The company reported a total of 15,391 ordinary shareholders at the end of the reporting period, an increase from 12,942 at the end of the previous month[94]. - Beijing Zhongyou Asset Management Co., Ltd. became the controlling shareholder after receiving 53,128,388 shares, representing 32.98% of the total share capital[93]. - The company engaged in daily related party transactions with China Post Group and its subsidiaries, with an actual transaction amount of RMB 178.93 million against an estimated amount of RMB 170 million for 2015[82]. - The company has a total of 9 leasing agreements with various entities, generating rental income of RMB 2.14 million from these leases[86]. - The company has a controlling shareholder, Beijing Zhongyou Asset Management Co., established on June 26, 2007, primarily engaged in investment management and asset management[98]. - The actual controller is China Post Group Corporation, which holds significant stakes in other listed companies, including 62,924,213 shares in Bank of Communications[101]. Corporate Governance - The company appointed Tianzhi International Accounting Firm as the auditor for the 2015 financial year, with an audit fee of 50 million RMB[76]. - The company has not faced any penalties from regulatory bodies during the reporting period[126]. - The company actively engages with investors, ensuring equal access to information for all shareholders[125]. - The company’s governance structure is deemed complete and compliant with regulatory standards[126]. - The company has established a compensation and assessment committee to oversee executive remuneration[115]. - The company’s governance structure has been updated to reflect recent changes in leadership and management[116]. Employee and Management Information - The total number of employees in the parent company is 344, with 40 retirees that the company needs to support[118]. - The professional composition includes 146 technical personnel, 73 customer service personnel, and 35 sales personnel[118]. - The compensation structure consists of 60% base and position salary, 20% quarterly performance, and 20% annual performance[119]. - In 2015, the company conducted various external training programs, including project management and safety assessment training[120]. - The company has not outsourced any labor, with total outsourced labor hours and payments both at 0[121]. Financial Reporting and Audit - The financial statements were approved for release on April 22, 2016[188]. - The financial statements are prepared based on the assumption of going concern and comply with the latest accounting standards issued by the Ministry of Finance[194]. - The company's accounting currency is Renminbi (RMB)[197]. - The company follows specific accounting treatment methods for mergers under common control and non-common control[198][200].

Financial Performance - Operating revenue for the period was CNY 38,447,127.46, a decrease of 3.03% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 5,253,455.73, compared to a loss of CNY 4,334,583.70 in the same period last year[6] - Basic and diluted earnings per share were both -CNY 0.033, compared to -CNY 0.027 in the same period last year[6] - Net loss for Q1 2016 was CNY -5,253,654.93, compared to a net loss of CNY -4,334,800.31 in the same period last year, indicating a worsening financial performance[24] - Operating profit shows a loss of ¥5,821,943.89, worsening from a loss of ¥3,976,688.87 in the previous period[28] - Net profit for the current period is a loss of ¥5,229,654.93, compared to a loss of ¥3,308,588.87 in the previous period, indicating a decline of 58.06%[28] Assets and Liabilities - Total assets decreased by 5.33% to CNY 320,390,972.68 compared to the end of the previous year[6] - Total assets decreased from CNY 338,440,185.95 to CNY 320,390,972.68, indicating a reduction in overall asset value[17] - Current assets totaled CNY 242,007,891.51, down from CNY 259,850,467.86, a decrease of about 6.9%[21] - Total liabilities decreased from CNY 147,134,043.30 to CNY 134,338,484.96, showing a decline in the company's obligations[18] - The company's total liabilities decreased to CNY 140,564,399.60 from CNY 153,359,957.94, a reduction of approximately 8.3%[22] Cash Flow - Net cash flow from operating activities was a negative CNY 25,583,333.75, improving from a negative CNY 44,473,044.39 in the previous year[6] - Operating cash flow decreased by 31.88% from CNY 81,472,930.44 to CNY 55,502,218.16, attributed to reduced payments for goods[12] - Cash and cash equivalents decreased by 52.52% from CNY 50,620,813.29 to CNY 24,033,785.76 due to increased payments for employee wages, taxes, and goods[12] - Cash received from borrowings increased by 38.94% from CNY 28,790,090.36 to CNY 40,000,000.00 due to increased borrowings during the reporting period[12] - Cash paid for debt repayment increased by 66.54% from CNY 24,018,235.00 to CNY 40,000,000.00, reflecting an increase in due borrowings[12] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,942[10] - The largest shareholder, Beijing Zhongyou Asset Management Co., Ltd., held 53,128,388 shares, accounting for 32.98% of total shares[11] Government Support - The company received government subsidies amounting to CNY 576,139.00 during the reporting period[6] Other Financial Metrics - The weighted average return on equity decreased by 0.90 percentage points to -2.79%[6] - The company reported a significant increase of 129.93% in business tax and additional charges from CNY 106,350.68 to CNY 244,535.95 due to increased operating revenue[12] - Total operating costs for Q1 2016 were CNY 44,293,071.35, slightly down from CNY 44,652,795.17 year-over-year[24] - Accounts receivable increased to CNY 78,509,998.28 from CNY 63,048,898.56, reflecting a growth of about 24.5%[21]