Financial Performance - The company's operating revenue for Q1 2023 was CNY 360,273,492.70, representing a year-on-year increase of 17.30%[6] - The net profit attributable to shareholders was CNY 9,886,083.50, while the net profit after deducting non-recurring gains and losses was a loss of CNY 53,689,772.48[6] - Basic earnings per share were CNY 0.022, and diluted earnings per share were CNY 0.021[9] - Net profit for Q1 2023 was ¥2,506,753.40, compared to a net loss of ¥74,918,435.59 in Q1 2022, marking a significant turnaround[36] - Operating profit for Q1 2023 was ¥11,231,788.65, compared to an operating loss of ¥91,378,934.26 in Q1 2022[36] - Total comprehensive income for Q1 2023 was ¥2,506,753.40, compared to a comprehensive loss of ¥74,918,435.59 in the same quarter last year[39] Cash Flow - The net cash flow from operating activities was negative at CNY -203,701,602.64[6] - Cash inflow from operating activities totaled ¥279,799,197.77, compared to ¥205,421,238.60 in Q1 2022, reflecting a 36.1% increase[40] - The net cash flow from operating activities was -$203,701,602.64, slightly improved from -$208,013,678.86 in the previous period, indicating a reduction in cash outflow[43] - Cash inflow from investment activities totaled $886,854,486.69, an increase of approximately 22.1% compared to $726,362,405.27 in the prior period[43] - The net cash flow from investment activities was $115,238,361.49, down from $208,095,429.87, reflecting a decrease in investment returns[43] - Total cash and cash equivalents at the end of the period were $97,625,669.40, a decrease from $121,835,233.19 at the beginning of the period[46] - Cash inflow from financing activities was $12,500,000.00, significantly lower than $30,000,000.00 in the previous period[43] - The net cash flow from financing activities was $12,500,000.00, compared to a negative cash flow of -$22,289.58 previously, indicating a positive shift[43] - The cash outflow for operating activities totaled $483,500,800.41, up from $413,434,917.46, indicating increased operational expenses[43] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,744,349,985.77, a decrease of 3.70% compared to the end of the previous year[9] - As of March 31, 2023, the total current assets amounted to RMB 1,283,696,262.91, a decrease from RMB 1,349,335,628.34 at the end of 2022[25] - The cash and cash equivalents decreased to RMB 122,277,259.85 from RMB 198,702,191.75, indicating a decline of approximately 38.4%[25] - The total liabilities decreased to RMB 560,673,802.60 from RMB 646,811,967.41, reflecting a reduction of about 13.3%[30] - The total assets as of March 31, 2023, were RMB 1,744,349,985.77, down from RMB 1,811,295,219.69 at the end of 2022[30] - The company's equity attributable to shareholders increased to RMB 1,072,940,786.61 from RMB 1,058,368,525.62, showing a growth of approximately 1.4%[30] - The total equity increased to RMB 1,183,676,183.17 from RMB 1,164,483,252.28, reflecting a growth of approximately 1.6%[30] Operating Costs and Expenses - Operating costs increased by 57.82% primarily due to rising personnel and operational costs[14] - Financial expenses surged by 172.61% mainly due to increased exchange losses[14] - Investment income decreased by 47.29% due to reduced investment dividends and stock sales[14] - Total operating costs increased to ¥417,994,848.71, up 28.1% from ¥326,077,397.79 in the same period last year[33] - Research and development expenses rose to ¥112,167,967.66, an increase of 10.4% from ¥101,201,574.01 in Q1 2022[33] - The company reported a decrease in financial expenses, with interest expenses at ¥3,032.63 compared to ¥90,133.61 in Q1 2022[33] Other Financial Metrics - The weighted average return on equity was 0.93%[9] - Other income increased to ¥6,561,660.41, up from ¥3,419,776.05 in Q1 2022, indicating improved financial performance[33] - The company experienced a negative impact of -$241,690.75 from exchange rate fluctuations on cash and cash equivalents[43] - The cash flow from other investment activities increased to $2,800,000.00 from $1,936,369.03, showing growth in ancillary investment returns[43]

[Report Overview](index=1&type=section&id=Report%20Overview) The company's board, supervisors, and senior management guarantee the accuracy and completeness of this quarterly report [Important Notice](index=1&type=section&id=Important%20Content%20Notice) The company's board, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of this quarterly report, assuming legal responsibility for its content - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content and assume legal responsibility[3](index=3&type=chunk)[4](index=4&type=chunk) - The company's principal officer, head of accounting, and head of accounting department guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[5](index=5&type=chunk) [Key Financial Data](index=1&type=section&id=I.%20Key%20Financial%20Data) The company's Q3 2022 revenue grew, but net profit was negative, with year-to-date net profit also negative due to non-operating factors [Key Accounting Data and Financial Indicators](index=1&type=section&id=(I)Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q3 2022, revenue grew **33.35%** to **CNY 434 million**, but net profit attributable to shareholders was **negative CNY 14.49 million**; year-to-date revenue grew **21.93%** to **CNY 1.181 billion**, with net profit attributable to shareholders at **negative CNY 84.48 million**, mainly due to reduced non-current asset disposal gains and lower investment income from financial assets Key Accounting Data and Financial Indicators for Q3 2022 and Year-to-Date | Item | Current Period (Q3 2022) (yuan) | Year-on-Year Change (%) | Year-to-Date (YTD 2022) (yuan) | Period-end Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 434,191,382.15 | 33.35 | 1,181,453,637.38 | 21.93 | | Net Profit Attributable to Shareholders of Listed Company | -14,486,588.79 | N/A | -84,475,452.71 | N/A | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 9,958,763.16 | 211.81 | -21,626,834.63 | N/A | | Net Cash Flow from Operating Activities | N/A | N/A | -389,902,369.57 | N/A | | Basic Earnings Per Share (yuan/share) | -0.033 | N/A | -0.192 | N/A | | Diluted Earnings Per Share (yuan/share) | -0.034 | N/A | -0.186 | N/A | | Weighted Average Return on Net Assets (%) | -1.21 | Decreased 2.85 percentage points | -6.83 | Decreased 29.94 percentage points | | Total Assets (Period-end) | 1,727,878,366.17 | | 1,985,241,404.84 | -12.96 | | Owners' Equity Attributable to Shareholders of Listed Company (Period-end) | 1,146,851,999.63 | | 1,242,118,719.60 | -7.67 | - Year-to-date net profit attributable to shareholders decreased year-on-year, primarily due to the absence of **CNY 262 million** in non-current asset disposal gains from the prior year and current period investment income from financial assets being **negative CNY 72.37 million** (compared to **CNY 92.93 million** in the prior year)[11](index=11&type=chunk) - Year-to-date net profit attributable to shareholders (excluding non-recurring gains/losses) decreased, mainly due to an increase of approximately **CNY 26 million** in equity incentive expense amortization (current period **CNY 58.48 million**, prior year **CNY 32.35 million**)[11](index=11&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=(II)Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, total non-recurring gains and losses were **negative CNY 24.45 million**, and year-to-date total was **negative CNY 62.85 million**, primarily due to negative fair value changes and investment income from holding and disposing of financial assets Non-Recurring Gains and Losses Items for Q3 2022 and Year-to-Date | Item | Current Period Amount (yuan) | Year-to-Date Amount (yuan) | | :--- | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | 3,208.49 | 7,011.34 | | Tax Refunds or Reductions Due to Unauthorized Approvals, Lack of Formal Approval Documents, or Incidental Events | 787,919.39 | 1,858,576.15 | | Government Subsidies Recognized in Current Profit/Loss | 2,871,600.31 | 9,246,686.23 | | Gains/Losses from Changes in Fair Value of Financial Assets Held for Trading, Derivative Financial Assets, Financial Liabilities Held for Trading, Derivative Financial Liabilities, and Investment Income from Disposal of Financial Assets Held for Trading, Derivative Financial Assets, Financial Liabilities Held for Trading, Derivative Financial Liabilities, and Other Debt Investments, Excluding Effective Hedge Accounting Related to Normal Business Operations | -27,354,104.06 | -72,370,304.08 | | Other Non-Operating Income and Expenses Apart from the Above | -1,879.62 | -76,218.29 | | Less: Income Tax Impact | 739,773.15 | 825,736.54 | | Impact on Minority Interests (After Tax) | 12,323.31 | 688,632.89 | | **Total** | **-24,445,351.95** | **-62,848,618.08** | - Among non-recurring gains and losses, fair value changes and investment income from holding and disposing of financial assets were the primary negative factors, totaling **negative CNY 72.37 million** year-to-date[15](index=15&type=chunk) [Changes and Reasons for Key Accounting Data and Financial Indicators](index=4&type=section&id=(III)Changes%20and%20Reasons%20for%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, several financial indicators changed significantly: operating costs increased **31.84%** due to revenue growth; investment income surged **135.78%** from stock sales; asset impairment losses rose **594.66%**; net profit attributable to shareholders declined due to financial asset investment income and non-current asset disposal gains; and accounts receivable increased **316.84%** due to revenue growth Changes and Reasons for Key Accounting Data and Financial Indicators | Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Operating Cost | 31.84 | Mainly due to current period revenue growth | | Financial Expenses | N/A | Mainly due to current period interest income growth | | Other Income | -39.73 | Mainly due to current period decrease in government subsidies | | Investment Income | 135.78 | Mainly due to current period disposal of Caitong and other stocks | | Gains from Changes in Fair Value | N/A | Mainly due to current period disposal of Caitong and other stocks | | Credit Impairment Losses | N/A | Mainly due to current period provision for bad debts | | Asset Impairment Losses | 594.66 | Mainly due to current period provision for asset impairment | | Asset Disposal Gains | -100.00 | Mainly due to prior period disposal of land | | Non-Operating Income | -96.05 | Mainly due to prior period litigation settlement | | Non-Operating Expenses | -86.05 | Mainly due to current period decrease in fines and donation expenses | | Net Profit Attributable to Shareholders of Listed Company | N/A | Mainly due to current period (Jan-Sep) investment income from holding and disposing of financial assets held for trading being approximately **negative CNY 72.37 million**, compared to approximately **CNY 92.93 million** in the prior year; and prior year non-current asset disposal gains being approximately **CNY 262.33 million**, with no such item in the current period | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | N/A | Mainly due to an increase of over **CNY 26 million** in equity incentive expense amortization, approximately **CNY 58.48 million** in the current period (Jan-Sep) compared to approximately **CNY 32.35 million** in the prior year | | Financial Assets Held for Trading | -54.44 | Mainly due to current period disposal of fund shares and stocks | | Accounts Receivable | 316.84 | Mainly due to current period revenue increase | | Receivables Financing | -45.90 | Mainly due to current period decrease in bills | | Inventories | 58.58 | Mainly due to current period increase in work-in-progress | | Contract Assets | -65.12 | Mainly due to current period increase in collections | | Other Current Assets | -32.28 | Mainly due to current period decrease in prepaid VAT | | Long-Term Equity Investments | -100.00 | Mainly due to current period deregistration of an associate | | Construction in Progress | 367.93 | Mainly due to current period office renovation | | Deferred Income Tax Assets | 252.66 | Mainly due to current period fair value changes of fund shares and stocks | | Financial Liabilities Held for Trading | -100.00 | Mainly due to current period disposal of financial assets held for trading | | Contract Liabilities | -30.05 | Mainly due to current period decrease in advance receipts | | Taxes Payable | -83.36 | Mainly due to current period decrease in VAT payable | | Non-Current Liabilities Due Within One Year | -75.00 | Mainly due to current period decrease in lease liabilities | | Other Current Liabilities | -88.73 | Mainly due to current period decrease in deferred output VAT | | Deferred Income Tax Liabilities | -31.71 | Mainly due to current period fair value changes of fund shares and stocks | | Cash Received Related to Other Operating Activities | -44.16 | Mainly due to current period decrease in recovery of deposits and loans | | Cash Paid to and for Employees | 41.15 | Mainly due to current period increase in personnel and salary growth | | Cash Paid Related to Other Operating Activities | -47.68 | Mainly due to current period decrease in expenses and deposit payments | | Cash Received from Investment Income | N/A | Mainly due to current period disposal of Caitong and other stocks | | Net Cash Received from Disposal of Fixed Assets, Intangible Assets, and Other Long-Term Assets | -99.99 | Mainly due to prior period receipt of Tianming land payment | | Cash Paid for Acquisition of Fixed Assets, Intangible Assets, and Other Long-Term Assets | -43.96 | Mainly due to current period decrease in fixed asset purchases | | Cash Received from Investments | -92.23 | Mainly due to prior period equity incentives | | Cash Received from Borrowings | N/A | Mainly due to current period borrowings | | Cash Paid for Debt Repayment | N/A | Mainly due to current period debt repayment | | Cash Paid Related to Other Financing Activities | N/A | Mainly due to current period repurchase of restricted shares | - Net profit attributable to shareholders of the listed company significantly decreased year-on-year, primarily due to the negative impact of non-current asset disposal gains (prior year **CNY 262 million**, none this period) and investment income from financial assets held for trading (current period **negative CNY 72.37 million**, prior year **CNY 92.93 million**)[21](index=21&type=chunk) - Net profit attributable to shareholders of the listed company (excluding non-recurring gains/losses) decreased, mainly due to an increase of approximately **CNY 26 million** in equity incentive expense amortization[21](index=21&type=chunk) [Shareholder Information](index=6&type=section&id=II.%20Shareholder%20Information) The company had 53,125 common shareholders at period-end, with Hangzhou Xinyada Electronics Co., Ltd. as the largest shareholder [Total Common Shareholders and Top Ten Shareholders' Holdings](index=6&type=section&id=(I)Total%20Common%20Shareholders%20and%20Number%20of%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights%20and%20Top%20Ten%20Shareholders'%20Holdings) As of the reporting period end, the company had **53,125** common shareholders; Hangzhou Xinyada Electronics Co., Ltd. was the largest shareholder with **16.27%** of shares, with key individuals holding positions in both companies - At the end of the reporting period, the total number of common shareholders was **53,125**[25](index=25&type=chunk) Top 10 Shareholders' Holdings | Shareholder Name | Shareholder Type | Number of Shares Held | Shareholding Ratio (%) | Number of Restricted Shares Held | Pledge, Mark, or Freeze Status | | :--- | :--- | :--- | :--- | :--- | :--- | | Hangzhou Xinyada Electronics Co., Ltd. | Domestic Non-State-Owned Legal Person | 78,106,006 | 16.27 | 0 | Unknown | | Guo Huaqiang | Domestic Natural Person | 18,490,152 | 3.85 | 0 | Unknown | | Ningbo Economic and Technological Development Zone Chunqiu Technology Development Co., Ltd. | Domestic Non-State-Owned Legal Person | 15,200,000 | 3.17 | 0 | Unknown | | Hong Zhipeng | Domestic Natural Person | 8,036,593 | 1.67 | 5,497,000 | Unknown | | Lin Weiwei | Domestic Natural Person | 5,310,677 | 1.11 | 0 | Unknown | | Dou Ke | Domestic Natural Person | 4,632,600 | 0.96 | 0 | Unknown | | Huang Qi | Domestic Natural Person | 4,443,117 | 0.93 | 0 | Unknown | | Zhu Baowen | Domestic Natural Person | 3,894,000 | 0.81 | 360,000 | Unknown | | Zhang Jian | Domestic Natural Person | 2,980,000 | 0.62 | 360,000 | Unknown | | Peng Zhigang | Domestic Natural Person | 2,942,334 | 0.61 | 0 | Unknown | - Guo Huaqiang, Zhu Baowen, and Zhang Jian are directors of Hangzhou Xinyada Electronics Co., Ltd., each holding equity in it; Guo Huaqiang and Zhu Baowen are also directors of the company[27](index=27&type=chunk) [Other Reminders](index=7&type=section&id=III.%20Other%20Reminders) During the reporting period, the company had no other significant operating information requiring investor attention - The company has no other important operating information for the reporting period that requires investor attention[28](index=28&type=chunk) [Quarterly Financial Statements](index=7&type=section&id=IV.%20Quarterly%20Financial%20Statements) This section presents the unaudited quarterly financial statements, including the consolidated balance sheet, income statement, and cash flow statement [Type of Audit Opinion](index=7&type=section&id=(I)Type%20of%20Audit%20Opinion) The financial statements for this quarter are unaudited - The financial statements for this reporting period are unaudited[6](index=6&type=chunk)[28](index=28&type=chunk) [Consolidated Balance Sheet](index=7&type=section&id=Consolidated%20Balance%20Sheet) As of September 30, 2022, total assets were **CNY 1.728 billion**, a **12.96%** decrease from year-end; current assets totaled **CNY 1.274 billion**, non-current assets **CNY 454 million**; total liabilities were **CNY 469 million**, and total owners' equity **CNY 1.259 billion**, with significant changes in financial assets held for trading and accounts receivable Consolidated Balance Sheet Key Data (As of September 30, 2022 vs December 31, 2021) | Item | September 30, 2022 (yuan) | December 31, 2021 (yuan) | Change (%) | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Cash and Cash Equivalents | 108,336,449.33 | 137,080,273.11 | -21.00 | | Financial Assets Held for Trading | 507,999,619.13 | 1,115,022,623.36 | -54.44 | | Accounts Receivable | 368,382,105.51 | 88,375,352.18 | 316.84 | | Inventories | 159,291,451.76 | 100,449,313.40 | 58.58 | | Total Current Assets | 1,274,192,930.09 | 1,589,475,442.17 | -19.84 | | Other Non-Current Financial Assets | 369,516,706.81 | 314,690,046.00 | 17.42 | | Deferred Income Tax Assets | 5,777,111.64 | 1,638,168.11 | 252.66 | | Total Non-Current Assets | 453,685,436.08 | 395,765,962.67 | 14.64 | | **Total Assets** | **1,727,878,366.17** | **1,985,241,404.84** | **-12.96** | | **Liabilities** | | | | | Short-Term Borrowings | 500,000.00 | 0.00 | N/A | | Contract Liabilities | 109,250,133.53 | 156,190,356.49 | -30.05 | | Taxes Payable | 3,591,186.35 | 21,576,756.31 | -83.36 | | Total Current Liabilities | 421,060,865.77 | 563,091,582.72 | -25.23 | | Deferred Income Tax Liabilities | 44,775,209.71 | 65,567,794.27 | -31.71 | | **Total Liabilities** | **469,138,781.44** | **632,438,349.01** | **-25.82** | | **Owners' Equity** | | | | | Total Owners' Equity Attributable to Parent Company | 1,146,851,999.63 | 1,242,118,719.60 | -7.67 | | **Total Owners' Equity** | **1,258,739,584.73** | **1,352,803,055.83** | **-6.95** | - Financial assets held for trading significantly decreased from **CNY 1.115 billion** to **CNY 508 million**, a **54.44%** decline, primarily due to the disposal of fund shares and stocks during the period[32](index=32&type=chunk)[21](index=21&type=chunk) - Accounts receivable significantly increased from **CNY 88.38 million** to **CNY 368 million**, a **316.84%** increase, primarily due to increased revenue during the period[32](index=32&type=chunk)[21](index=21&type=chunk) [Consolidated Income Statement](index=10&type=section&id=Consolidated%20Income%20Statement) In the first three quarters of 2022, total operating revenue grew **21.93%** to **CNY 1.181 billion**, but net profit was **negative CNY 83.27 million**, and net profit attributable to parent company shareholders was **negative CNY 84.48 million**, a significant swing from **CNY 263 million** profit in the prior year, mainly due to negative fair value changes and reduced asset disposal gains Consolidated Income Statement Key Data (First Three Quarters of 2022 vs First Three Quarters of 2021) | Item | First Three Quarters of 2022 (yuan) | First Three Quarters of 2021 (yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,181,453,637.38 | 968,982,730.70 | 21.93 | | Total Operating Costs | 1,206,637,376.86 | 986,159,914.17 | 22.36 | | Operating Cost | 572,779,360.75 | 434,455,519.25 | 31.84 | | Selling Expenses | 43,716,482.09 | 37,434,798.59 | 16.78 | | Administrative Expenses | 213,128,973.80 | 171,013,172.57 | 24.63 | | R&D Expenses | 372,011,992.60 | 338,526,128.62 | 9.89 | | Financial Expenses | -459,918.19 | -129,200.12 | -256.05 | | Other Income | 14,671,904.39 | 24,341,979.94 | -39.73 | | Investment Income | 92,244,864.45 | 39,123,805.88 | 135.78 | | Gains from Changes in Fair Value | -164,947,092.12 | 53,802,061.06 | N/A (from positive to negative) | | Credit Impairment Losses | -20,612,448.02 | -5,949,089.18 | 246.50 | | Asset Impairment Losses | 1,074,438.18 | 154,671.61 | 594.66 | | Asset Disposal Gains | 0.00 | 262,357,110.62 | -100.00 | | Operating Profit | -102,752,072.60 | 356,653,356.46 | N/A (from positive to negative) | | Total Profit | -102,821,228.21 | 356,603,322.36 | N/A (from positive to negative) | | Net Profit | -83,272,203.84 | 314,132,060.92 | N/A (from positive to negative) | | Net Profit Attributable to Parent Company Shareholders | -84,475,452.71 | 262,733,279.59 | N/A (from positive to negative) | | Basic Earnings Per Share (yuan/share) | -0.192 | 0.598 | N/A (from positive to negative) | - Gains from changes in fair value shifted from **CNY 53.80 million** in the prior year to **negative CNY 165 million** this period, a significant factor in the substantial net profit loss[40](index=40&type=chunk) - Asset disposal gains decreased from **CNY 262 million** in the prior year to **CNY 0** this period, significantly impacting net profit negatively[40](index=40&type=chunk) [Consolidated Cash Flow Statement](index=13&type=section&id=Consolidated%20Cash%20Flow%20Statement) In the first three quarters of 2022, net cash flow from operating activities further deteriorated to **negative CNY 390 million** from **negative CNY 333 million** in the prior year; net cash flow from investing activities was **CNY 473 million**, mainly due to a significant increase in cash received from investment recovery; and net cash flow from financing activities was **negative CNY 109 million**, primarily affected by debt repayment and dividend distribution Consolidated Cash Flow Statement Key Data (First Three Quarters of 2022 vs First Three Quarters of 2021) | Item | First Three Quarters of 2022 (yuan) | First Three Quarters of 2021 (yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Cash Received from Sales of Goods and Services | 916,944,418.68 | 809,210,296.29 | 13.31 | | Subtotal Cash Inflows from Operating Activities | 974,273,149.64 | 903,551,297.17 | 7.83 | | Cash Paid to and for Employees | 887,045,162.31 | 628,445,178.62 | 41.15 | | Cash Paid Related to Other Operating Activities | 152,847,437.27 | 292,163,484.96 | -47.68 | | Subtotal Cash Outflows from Operating Activities | 1,364,175,519.21 | 1,236,679,255.17 | 10.31 | | **Net Cash Flow from Operating Activities** | **-389,902,369.57** | **-333,127,958.00** | **-17.04** | | Cash Received from Investment Recovery | 2,387,435,627.91 | 2,096,111,964.51 | 13.89 | | Cash Received from Investment Income | 95,002,712.60 | 35,225,862.79 | 169.70 | | Net Cash Received from Disposal of Fixed Assets, Intangible Assets, and Other Long-Term Assets | 10,510.00 | 180,803,636.84 | -99.99 | | Cash Paid for Investments | 2,007,872,193.33 | 1,954,797,498.05 | 2.71 | | **Net Cash Flow from Investing Activities** | **473,053,512.29** | **354,626,036.03** | **33.39** | | Cash Received from Investments | 11,062,270.00 | 142,320,512.00 | -92.23 | | Cash Received from Borrowings | 33,500,000.00 | 0.00 | N/A | | Cash Paid for Debt Repayment | 33,000,000.00 | 0.00 | N/A | | Cash Paid for Dividends, Profits, or Interest Payments | 119,273,599.90 | 123,344,303.05 | -3.29 | | **Net Cash Flow from Financing Activities** | **-109,128,781.35** | **18,976,208.95** | N/A (from positive to negative) | | **Net Increase in Cash and Cash Equivalents** | **-25,974,152.73** | **40,240,663.17** | N/A (from positive to negative) | - Net cash flow from operating activities was **negative CNY 390 million**, a **17.04%** year-on-year decrease, primarily due to a **41.15%** increase in cash paid to and for employees[46](index=46&type=chunk)[21](index=21&type=chunk) - Net cash flow from investing activities was **CNY 473 million**, a **33.39%** year-on-year increase, mainly driven by a **13.89%** increase in cash received from investment recovery and a **169.70%** surge in cash received from investment income[46](index=46&type=chunk)[48](index=48&type=chunk)[24](index=24&type=chunk) - Net cash flow from financing activities turned from positive to negative, primarily due to a **92.23%** significant decrease in cash received from investments (attributable to prior period equity incentives) and current period expenditures for debt repayment and restricted stock repurchases[48](index=48&type=chunk)[24](index=24&type=chunk)

2022 年半年度报告 公司代码：600571 公司简称：信雅达 信雅达科技股份有限公司 2022 年半年度报告 1 / 137 2022 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人耿俊岭、主管会计工作负责人叶晖及会计机构负责人（会计主管人员）李亚男声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 | --- | --- | --- | |---------|---------------------------------------------------|---------------------- ...

2022 年半年度报告 公司代码：600571 公司简称：信雅达 信雅达科技股份有限公司 2022 年半年度报告 1 / 137 2022 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人耿俊岭、主管会计工作负责人叶晖及会计机构负责人（会计主管人员）李亚男声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 | --- | --- | --- | |---------|---------------------------------------------------|---------------------- ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥307,143,263.19, representing an increase of 18.11% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥73,858,217.12, a decrease of 246.16% year-on-year[5]. - The total equity attributable to shareholders was ¥1,183,862,252.48, a decrease of 4.69% from the previous year[8]. - The total comprehensive income attributable to the parent company for Q1 2022 was -73,858,217.12 CNY, compared to -21,336,744.11 CNY in Q1 2021, indicating a significant decline[31]. - The basic earnings per share for Q1 2022 was -0.168 CNY, compared to -0.049 CNY in Q1 2021, reflecting a worsening financial performance[31]. Cash Flow - The net cash flow from operating activities was -¥208,013,678.86, with no applicable year-on-year comparison[5]. - Cash inflows from operating activities totaled 205,421,238.60 CNY in Q1 2022, slightly up from 201,391,414.81 CNY in Q1 2021[34]. - Cash outflows from operating activities amounted to 413,434,917.46 CNY in Q1 2022, compared to 399,817,839.33 CNY in Q1 2021, leading to a net cash flow from operating activities of -208,013,678.86 CNY[34]. - The company reported a net increase in cash and cash equivalents of 59,461.35 CNY in Q1 2022, contrasting with a significant increase of 21,976,321.09 CNY in Q1 2021[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,831,984,032.90, down 7.72% from the end of the previous year[5]. - The total liabilities decreased from CNY 1,985,241,404.84 to CNY 1,831,984,032.90, indicating a decline of approximately 7.7%[21]. - Current assets decreased from CNY 1,589,475,442.17 to CNY 1,414,541,448.34, a reduction of about 11%[21]. - The company reported a total of CNY 814,726,007.53 in trading financial assets, down from CNY 1,115,022,623.36, a decrease of about 27%[17]. Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 79.40% due to increased revenue recognition[10]. - Accounts receivable increased from CNY 88,375,352.18 to CNY 158,544,913.09, showing a significant increase of about 79%[17]. - Inventory increased from CNY 100,449,313.40 to CNY 121,651,769.93, reflecting a growth of approximately 21%[21]. Research and Development - Research and development expenses for Q1 2022 were CNY 101,201,574.01, slightly up from CNY 98,127,274.06 in Q1 2021[26]. - The company has not reported any new product or technology developments during the quarter[16]. Financial Position - The weighted average return on net assets was -6.05%, a decrease of 3.66 percentage points compared to the previous year[5]. - The company’s long-term equity investments remained stable at CNY 331,923.59[21]. - The company’s goodwill remained unchanged at CNY 22,905,462.09[21].

Financial Performance - The company's operating revenue for 2021 was ¥1,536,952,234.65, representing a 21.38% increase compared to ¥1,266,211,833.69 in 2020 [27]. - The net profit attributable to shareholders in 2021 was ¥290,848,802.92, a significant increase of 158.26% from ¥112,619,900.18 in 2020 [27]. - The net asset attributable to shareholders at the end of 2021 was ¥1,242,118,719.60, reflecting a 25.31% increase from ¥991,243,222.57 at the end of 2020 [27]. - The total assets as of the end of 2021 amounted to ¥1,985,241,404.84, which is a 19.32% increase from ¥1,663,814,695.53 in 2020 [27]. - Basic earnings per share for 2021 were ¥0.66, up 153.85% from ¥0.26 in 2020 [30]. - The weighted average return on net assets for 2021 was 26.24%, an increase of 14.51 percentage points from 11.73% in 2020 [30]. - The company's operating revenue for the reporting period was approximately ¥1.54 billion, representing a year-on-year increase of 21.38% [61]. - The operating cost increased by 33.79% to approximately ¥850.75 million, primarily due to revenue growth [61]. Risk Management - The company emphasizes the importance of risk management and has developed a retail internal rating system to enhance credit risk management [17]. - The company has detailed descriptions of industry and market risks in the management discussion and analysis section of the report [8]. - The company is enhancing its risk control capabilities by redefining digital risk management through comprehensive data utilization [42]. - The company acknowledges human resource risks due to a shortage of skilled financial technology talent and will focus on improving talent management and controlling rising labor costs [113]. - The company faces market competition risks from new entrants, including internet giants and strong financial institutions, and will strengthen product R&D to maintain competitive advantages [110]. Technology and Innovation - The company is actively engaged in the development of technologies such as natural language processing and image recognition for financial applications [17]. - The company aims to enhance its product and customer capabilities by integrating AI, big data, blockchain, and IoT technologies into its financial services [102]. - The company has established a financial big data and artificial intelligence research institute, launching the "AI+" initiative to enhance its technological capabilities [53]. - The company is focusing on building a learning and open organization to enhance its technological capabilities and foster innovation through strategic investments [44]. - The company’s financial technology initiatives are expected to drive significant growth in user engagement and service demand post-pandemic [100]. Corporate Governance - The company has received a standard unqualified audit report from Tianjian Accounting Firm [6]. - The company has not faced any penalties from securities regulatory agencies in the past three years [146]. - The company has completed rectifications regarding the composition of independent directors in its professional committees, ensuring compliance with governance standards [170]. - The remuneration decision process for directors and senior management is based on performance evaluations and is approved by the board of directors [146]. - The company has established a performance evaluation mechanism for senior management, linking compensation to their responsibilities and performance assessments [169]. Shareholder Returns - The profit distribution plan for 2021 is to distribute a cash dividend of 2.50 RMB per 10 shares, totaling 119,150,407.25 RMB, based on a total share capital of 476,601,629 shares [7]. - The company has not proposed any stock dividends or capital increases for the reporting period [7]. - The cash dividend policy was executed according to regulations, with a total cash dividend of RMB 96,641,034.38 distributed to shareholders based on a base of 439,277,429 shares, at a rate of RMB 2.2 per 10 shares [163]. Market Expansion - The company is actively pursuing domestic and international market expansion, with products already being exported to over 40 countries and regions [43]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [27]. - The company aims to transform from a financial IT service provider to a comprehensive financial technology service provider [54]. - The company will invest in the development and market expansion of its data security product line, widely applied in the financial and industrial finance sectors, while enhancing global sales of mobile work terminals and smart POS products [106]. Employee and Organizational Development - The company reported a total of 7,566 employees, with 4,682 in the parent company and 2,883 in major subsidiaries [157]. - The company has a total of 3,940,000 restricted stocks to be granted to 508 incentive targets as part of the 2021 restricted stock incentive plan [163]. - The company has established a training plan to enhance its internal training system and improve the quality of internal lecturers [159]. - The company aims to attract high-tech talent and establish an attractive incentive mechanism to enhance employee development and motivation [107]. - In 2022, the company will further advance organizational structure reforms to improve decision-making, business support, and innovation capabilities, creating a strong technology platform [108]. Legal and Compliance - The company has ongoing significant litigation related to a 2015 major asset restructuring, with a total of 5,981,434.64 RMB received from court-ordered compensation as of August 9, 2021 [7]. - The company is pursuing further legal action against three parties for outstanding compensation obligations totaling 257,170,950.16 RMB, which is to be repaid over 12 installments [7]. - There are no changes in accounting policies or estimates that would impact the financial statements for the year [6]. - The company has not disclosed any major related party transactions during the reporting period [9].

2021 年第三季度报告 单位：元 币种：人民币 证券代码：600571 证券简称：信雅达 信雅达科技股份有限公司 2021 年第三季度报告 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个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律 责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度 报告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-----------------------------|----------------|-----------------------------------------|----------------|-----------------------------------------------| ...

2021 年半年度报告 公司代码：600571 公司简称：信雅达 信雅达科技股份有限公司 2021 年半年度报告 1 / 138 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人耿俊岭、主管会计工作负责人徐丽君及会计机构负责人（会计主管人员）李亚男 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细描述存在的行业风险、市场风险等，敬 ...

2021 年第一季度报告 公司代码：600571 公司简称：信雅达 信雅达科技股份有限公司 2021 年第一季度报告 1 / 22 2021 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 22 2021 年第一季度报告 单位：元 币种：人民币 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人耿俊岭、主管会计工作负责人徐丽君及会计机构负责人（会计主管人员）李亚男 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-------------------------------------------------|--------------- ...

2020 年年度报告 公司代码：600571 公司简称：信雅达 信雅达科技股份有限公司 2020 年年度报告 1 / 181 2020 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人耿俊岭、主管会计工作负责人徐丽君及会计机构负责人（会计主管人员）李亚男 声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 本公司2020年度的利润分配预案为：以439,277,429股本为基数，向全体股东每10股派发现金 红利2.20元（含税），共计派发现金96,641,034.38元。 不派发股票股利，不转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用 ...