Financial Performance - Net profit attributable to shareholders rose by 11.34% to CNY 237,047,507.38 year-on-year[6] - Operating revenue grew by 11.22% to CNY 10,110,151,436.44 compared to the same period last year[6] - Basic earnings per share rose by 11.33% to CNY 0.4531[6] - Net profit for Q1 2014 was ¥310,748,076.25, representing a 12.5% increase from ¥276,264,776.50 in Q1 2013[27] - The net profit attributable to shareholders of the parent company was ¥237,047,507.38, up from ¥212,913,587.55 in the previous year[27] - Basic and diluted earnings per share for Q1 2014 were both ¥0.4531, compared to ¥0.4070 in Q1 2013[27] Assets and Liabilities - Total assets increased by 16.09% to CNY 10,839,913,595.84 compared to the end of the previous year[6] - Total assets as of March 31, 2014, amounted to CNY 10,839,913,595.84, up from CNY 9,337,458,956.22 at the beginning of the year[21] - Total liabilities as of March 31, 2014, were CNY 6,677,272,620.05, compared to CNY 5,469,054,586.80 at the beginning of the year[22] - Total operating costs for Q1 2014 were ¥9,717,686,442.23, up 11.3% from ¥8,737,780,141.90 in Q1 2013[27] - Total equity attributable to shareholders was ¥2,119,114,896.04, down from ¥2,128,583,899.67 at the start of the year[24] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 195,279,902.35, compared to a negative cash flow of CNY -98,669,022.05 in the previous year[6] - Net cash flow from operating activities in Q1 2014 was CNY 195,279,902.35, a significant increase from a negative CNY 98,669,022.05 in the same period last year[14] - Cash inflow from operating activities was ¥11,662,389,627.58, an increase from ¥10,825,334,615.18 in the same period last year[30] - The total cash outflow from operating activities amounted to ¥11,467,109,725.23, an increase from ¥10,924,003,637.23 year-over-year[31] - The company reported a net increase in cash and cash equivalents of ¥689,037,924.12 for the quarter, compared to an increase of ¥369,682,410.43 in the same period last year[31] Shareholder Information - The number of shareholders reached 36,367, with the top ten unrestricted shareholders holding a total of 42.09% of shares[8] Expenses and Income - Sales expenses in Q1 2014 increased by 45.41% year-on-year, primarily due to increased wages and advertising costs at subsidiary Shanghai Laofengxiang Co., Ltd.[13] - Operating income in Q1 2014 increased by 179.62% year-on-year, primarily due to an increase in government subsidy income.[13] - Operating expenses in Q1 2014 increased by 132.22% year-on-year, mainly due to increased compensation expenses at subsidiary Shanghai Great Wall Pen Co., Ltd.[13] - The company received government subsidies amounting to CNY 16,883,744.77, which are closely related to its normal business operations[7] Investment and Fair Value - Fair value changes in Q1 2014 decreased by 63.39% year-on-year, mainly due to a decrease in the market value of held trading financial assets.[13] - Investment income in Q1 2014 decreased by 100.00% year-on-year, as there were no gains from trading financial assets during the period.[13]