Financial Performance - Total operating revenue for Q1 2023 was ¥168,169,175.21, an increase of 9.07% compared to ¥154,191,322.36 in Q1 2022[11] - Net profit attributable to shareholders of the listed company reached ¥304,836,597.80, a significant recovery from a net loss of ¥46,942,034.72 in the same period last year[5] - Operating profit for Q1 2023 was -¥29,442,901.03, an improvement from -¥45,391,371.09 in Q1 2022[5] - The company reported a total profit of ¥305,935,250.37, compared to a total loss of -¥45,204,493.37 in the previous year[5] - Basic earnings per share for Q1 2023 were ¥0.152, compared to a loss of ¥0.024 per share in Q1 2022[7] - The total comprehensive income for Q1 2023 was ¥294,832,954.00, a recovery from -¥52,083,416.56 in the same period last year[7] - The diluted earnings per share for the period is 0.151 RMB per share[27] - The weighted average return on equity increased by 20.27 percentage points to 17.28%[27] Cash Flow and Liquidity - Cash flow from operating activities was ¥352,746,101.26, up from ¥229,134,747.72 in the same quarter last year[7] - The company reported a net cash outflow from operating activities of -¥79,968,889.01, indicating a significant change in cash flow dynamics[11] - Cash and cash equivalents decreased from 1.52 billion to 1.42 billion, a decline of about 6%[42] - The ending balance of cash and cash equivalents decreased to $1,411,577,461.31 from $1,489,561,690.19, representing a decline of approximately 5.2%[47] - Total cash outflow from operating activities reached $432,714,990.27, up from $317,374,615.33, indicating a 36.3% increase in operational cash outflows[47] - The company paid $171,954,541.94 to employees, an increase from $154,530,655.24, reflecting a 11.3% rise in employee-related cash expenses[47] - Tax payments amounted to $9,026,067.98, a slight decrease from $9,717,055.88, showing a 7.1% reduction in tax-related cash outflows[47] - Cash inflow from investment activities was $70,301.93, with no previous inflow reported, indicating a new source of cash generation from asset disposals[47] Assets and Liabilities - Total assets as of March 31, 2023, amounted to 2,449,793,380.09 RMB, reflecting a 4.85% increase from the previous year[27] - The equity attributable to shareholders of the listed company increased by 18.67% to 1,912,928,695.50 RMB compared to the end of the previous year[27] - Total liabilities decreased from 717.35 million to 530.55 million, a reduction of approximately 26%[36] - Current liabilities decreased from 632.11 million to 446.80 million, a decrease of about 29%[36] - Non-current liabilities slightly decreased from 85.23 million to 83.75 million, a reduction of around 1.75%[36] - The total equity attributable to shareholders increased from 1.61 billion to 1.91 billion, an increase of approximately 18%[37] - The company reported a net loss of approximately 1.44 billion in retained earnings, improving from a loss of 1.75 billion[37] Research and Development - Research and development expenses for Q1 2023 were ¥46,392,677.45, down from ¥51,008,946.46 in Q1 2022[1] - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided content[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 129,938[38] - The largest shareholder, Zhang Changhong, holds 34.62% of the shares, totaling 704,792,657 shares[39] Strategic Developments - The company received 50,000,000 RMB as the first installment of compensation from Zhang Changhong as part of a settlement agreement[30] - The company’s total liabilities and equity structure indicates a stable financial position with a focus on improving shareholder returns[30] - There are no significant new strategies or market expansions mentioned in the conference call content[41]

Financial Performance - The net profit attributable to shareholders for 2022 was -88,275,259.96 RMB, with a year-end profit available for distribution of -2,214,541,079.08 RMB[22]. - Basic earnings per share for 2022 was -0.044 RMB, representing a decrease of 650.00% compared to 2021[34]. - The weighted average return on equity for 2022 was -5.43%, a decrease of 6.47 percentage points from the previous year[34]. - Total operating income for Q4 2022 was 254,180,617.21 RMB, with a net profit attributable to shareholders of -977,999.97 RMB[37]. - The company's operating revenue for the reporting period was ¥780,253,394.26, a decrease of 4.69% compared to ¥818,661,643.77 in the same period last year[54]. - The company's operating revenue for 2022 was ¥780,253,394.26, a decrease of 4.69% compared to ¥818,661,643.77 in 2021[62]. - The net profit attributable to shareholders for 2022 was -¥88,275,259.96, a decline of 650.02% from ¥16,049,531.09 in the previous year[62]. - The net cash flow from operating activities was -¥22,538,278.14, down 114.89% from ¥151,406,982.39 in 2021[62]. - The company reported a net profit of -88.27 million RMB, with a net profit of -91.85 million RMB after deducting non-recurring gains and losses, indicating stable overall operations despite a decline in profit due to internal and external factors[78]. Research and Development - Research and development expenses increased during the reporting period to support future business development needs[18]. - The company has increased its R&D expenses by 1.13% to ¥196,189,791.95, reflecting its commitment to innovation[54]. - Research and development expenses accounted for 25.14% of operating revenue, reflecting the company's commitment to technological advancement in the financial information service sector[86]. - The company reported a significant increase in R&D investment and personnel costs to support future business development needs[69]. - The total R&D expenses for the period amounted to ¥196,189,791.95, representing 25.14% of the company's revenue[195]. - The company has a total of 1,178 R&D personnel, accounting for 69.70% of the total workforce[195]. Cash Flow and Financial Position - Cash flow from operating activities showed a net inflow of 87,878,827.62 RMB in Q4 2022, following a net outflow in the previous quarters[37]. - The net cash flow from operating activities was -¥22,538,278.14, a significant decline of 114.89% compared to ¥151,406,982.39 in the previous year[54]. - As of December 31, 2022, the company's cash and cash equivalents totaled approximately ¥1.52 billion, a decrease from ¥1.62 billion at the beginning of the year[128]. - The company has restricted cash amounting to ¥5.33 million as of December 31, 2022, compared to ¥50,000 at the end of the previous year[128]. - The total accounts receivable at the end of the period amounted to ¥91,410,801.50, with a bad debt provision of ¥5,980,462.31, representing 6.54% of the total[138]. - The company has a total of ¥452 million in cash held overseas as of December 31, 2022, an increase from ¥398 million at the end of the previous year[128]. Market and Business Development - The company faced challenges in product development and market expansion, leading to a decline in business revenue year-on-year[18]. - The company has expanded its international business, launching a new mobile app to support B2C market development in Hong Kong, contributing to new revenue growth[44]. - The company continues to upgrade its core product, the "Enterprise Early Warning APP," to meet increasing application scenario demands[44]. - The company has maintained a stable client base, serving over 90% of insurance institutions and 95% of fund companies in the market[52]. - The company is actively exploring business cooperation with banks, insurance companies, and other financial entities to enhance user service diversity[69]. - The overall user base is expected to grow due to the increasing penetration of mobile internet and stable growth in investor numbers[71]. Revenue Recognition and Accounting Policies - The company recognizes revenue when customers obtain control of the relevant goods, which includes conditions such as approval of the contract and the likelihood of collecting the consideration[115]. - The company provides financial information and data services through PC and mobile terminals, recognizing revenue based on the proportion of service provided during the agreed service period[116]. - The company has implemented a systematic approach to recognize revenue based on the progress of service delivery, ensuring accurate financial reporting[139]. - The company has received government subsidies, which are recognized as deferred income and will be amortized over the useful life of the related assets[154]. - The company has no significant changes in accounting policies or estimates reported for the current period[123]. Challenges and Risks - The company reported a decrease in interest income compared to the previous year[18]. - The competitive landscape in the financial information service industry is intensifying, with leading companies showing significant advantages in market share and financial health[74]. - The advertising and internet promotion services experienced a significant revenue decline of 52.71%[92]. - The company recognizes employee compensation liabilities for termination benefits when the plan cannot be unilaterally withdrawn, and these costs are included in the current period's profit and loss[103]. Product Development and Innovation - The company has applied for multiple patents in big data and artificial intelligence technologies, enhancing its product offerings in unstructured data processing and big data analysis[44]. - The company launched a new generation of high-end software based on a comprehensive market warning system and research services[69]. - The company has completed the development of the mobile terminal project, providing professional-level trading data for various financial markets, including A-shares, futures, and foreign exchange[197]. - The new generation PC version software has been launched, offering a series of financial analysis tools and content based on comprehensive market data[197]. - The enterprise risk intelligence monitoring platform has been established, integrating information from nearly 100 million companies to assist in risk avoidance[197]. - The financial credit risk control data platform is still under development, aimed at providing comprehensive risk data for financial institutions[197].

1 会议召开时间:2023 年 5 月 18 日(星期四)下午 15:00-16:30 会议召开地点:上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式:上证路演中心网络互动 问题征集方式：2023 年 5 月 11 日(星期四)至 5 月 17 日(星 期三)16:00前登录上证路演中心网站首页点击"提问预征集" 栏目或通过公司邮箱 IR@gw.com.cn 进行提问。公司将在说明 会上对投资者普遍关注的问题进行回答。 一、说明会类型 本次投资者说明会以网络互动方式召开，公司将针对 2022 年年 度及 2023 年第一季度经营成果及财务指标的具体情况与投资者进行 互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题 进行回答。 证券简称：大智慧 证券代码：601519 编号：临 2023-027 上海大智慧股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的 公告 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法律责任。 重要内容提示： 上海大智 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥276,829,133.91, representing a year-on-year increase of 35.70%[6] - The net profit attributable to shareholders for Q3 2022 was -¥16,606,609.96, a decrease of 244.14% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was -¥19,351,468.60, down 293.42% year-on-year[6] - The basic earnings per share for Q3 2022 was -¥0.008, a decrease of 233.33% compared to the same period last year[10] - Net profit for the third quarter of 2022 was a loss of ¥89,286,911.53, compared to a profit of ¥6,605,119.95 in the same quarter of 2021[32] - Basic earnings per share for the third quarter of 2022 was -0.044 yuan, compared to 0.003 yuan in the same quarter of 2021[34] - Other comprehensive income after tax for the third quarter of 2022 was ¥38,024,430.36, compared to a loss of ¥7,965,777.98 in the same quarter of 2021[32] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥2,258,923,229.49, a decrease of 2.97% from the end of the previous year[10] - As of September 30, 2022, the company's total assets amounted to RMB 2,258,923,229.49, a decrease from RMB 2,328,170,821.12 at the end of 2021, reflecting a decline of approximately 2.97%[20] - The company's current assets totaled RMB 1,610,998,690.99, down from RMB 1,766,760,471.62 at the end of 2021, indicating a decrease of about 8.80%[20] - The company's total liabilities were RMB 540,881,069.91, down from RMB 662,340,658.47, indicating a decrease of approximately 18.35%[23] - The total liabilities as of the end of the reporting period were ¥613,523,592.22, down from ¥751,764,363.16 in the previous year[25] - The total equity attributable to shareholders of the parent company increased to ¥1,640,831,880.44 from ¥1,576,406,457.96 year-over-year[25] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥110,417,105.76, a decrease of 506.70% compared to the same period last year[6] - The net cash flow from operating activities was -$110.42 million, a significant decline compared to $27.15 million in the same quarter last year[38] - Total cash outflow from operating activities reached $889.97 million, up from $581.25 million year-over-year[38] - Cash inflow from operating activities for the first three quarters of 2022 was ¥779,548,357.55, an increase from ¥608,401,560.54 in 2021[34] - The company reported a total cash outflow of $184.96 million for the quarter, compared to an inflow of $152.80 million in the same quarter last year[38] Research and Development - The company reported an increase in R&D expenses and personnel costs, contributing to the decline in net profit[13] - Research and development expenses for the first three quarters of 2022 totaled ¥149,477,184.23, compared to ¥127,851,121.43 in 2021, reflecting a growth of 16.9%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 137,554[14] - Major shareholder Zhang Changhong held 34.62% of the shares, totaling 704,792,657 shares[14] Inventory and Receivables - Accounts receivable increased to RMB 80,958,779.64 from RMB 68,202,639.68, marking an increase of about 18.00%[20] - The company's inventory decreased to RMB 120,683.05 from RMB 158,568.67, representing a decline of approximately 23.87%[23] Other Financial Metrics - The weighted average return on equity for Q3 2022 was -1.01%, a decrease of 1.76 percentage points year-on-year[10] - Deferred income tax liabilities rose to ¥1,443,133.14 from ¥1,166,486.70, indicating a 23.7% increase[25] - The company reported a significant reduction in employee compensation liabilities from RMB 62,960,680.01 to RMB 6,867,890.09, a decrease of approximately 89.09%[23] Accounting Standards - The company did not apply new accounting standards for the current financial reporting period[40] - The company has not disclosed any new product developments or market expansion strategies in the current report[17]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥418,844,801.05, representing a 23.53% increase compared to ¥339,062,535.32 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -¥70,690,650.03, a significant decline from -¥4,916,295.96 in the previous year[20]. - The net cash flow from operating activities was -¥121,981,301.82, compared to -¥19,006,210.13 in the same period last year[20]. - The total assets at the end of the reporting period were ¥2,270,391,703.73, a decrease of 2.48% from ¥2,328,170,821.12 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company increased by 3.16% to ¥1,626,211,115.87 from ¥1,576,406,457.96 at the end of the previous year[20]. - Basic earnings per share for the reporting period were -¥0.035, compared to -¥0.002 in the same period last year[20]. - The weighted average return on net assets was -4.43%, a decrease of 4.10 percentage points from -0.33% in the previous year[20]. - The company reported a total of 119,617,357.49 RMB in investment properties, slightly down from 124,852,096.15 RMB, reflecting a decrease of about 4.0%[125]. - The company reported a net loss of ¥2,209,689,649.68, slightly widening from a loss of ¥2,199,528,096.41 in the previous year[139]. Research and Development - Research and development expenses and personnel costs increased during the reporting period to support future business development needs[21]. - The company's R&D expenses accounted for 23.63% of its operating revenue, reflecting a strong commitment to technological innovation in financial information services[41]. - Research and development expenses amounted to ¥98,961,168.30, which is a 31.5% increase from ¥75,297,653.03 in the first half of 2021[139]. - The company's research and development expenses increased to CNY 4,107,712.05, up from CNY 3,294,651.42 in the first half of 2021, reflecting a focus on innovation[145]. Business Segments and Operations - The company operates in four main business segments: securities information services, big data and data engineering services, overseas business, and insurance brokerage[27]. - The securities information service platform includes products such as "Dazhihui 365" and "Dazhihui Professional Edition," providing timely and professional financial data and analysis tools[28]. - The big data and data engineering services offer standardized and customized data products, including a risk database and a securities risk warning system[29]. - The overseas business has expanded to East Asia and Southeast Asia, with significant operations in Hong Kong, Singapore, and Japan, providing comprehensive financial information services[33]. - The insurance brokerage business leverages technology to provide SaaS solutions and customized services, enhancing service capabilities and resource integration[34]. Market and Industry Trends - The company benefits from supportive national policies and a rapidly evolving capital market, creating opportunities for growth in the financial information service industry[35]. - As of December 2021, China's internet penetration rate reached 73%, with a total of 1.032 billion internet users, and 99.7% of them accessed the internet via mobile devices[36]. - By June 2022, the total number of investors in China reached 206.24 million, indicating a stable growth in the user base for the financial information services industry[36]. Challenges and Risks - The company faced significant challenges in product development and market expansion due to the impact of the COVID-19 pandemic, leading to a decrease in business income[21]. - The company faces risks from rising human resource costs due to increasing average wages in urban areas[76]. - The company is enhancing its compliance and data security measures to improve privacy services and safeguard user information[47]. Shareholder and Equity Information - The total number of shareholders reached 144,121 by the end of the reporting period[110]. - The largest shareholder, Zhang Changhong, held 704,792,657 shares, representing 34.62% of the total shares[110]. - The second-largest shareholder, Xiangcai Co., Ltd., decreased its holdings by 98,800,000 shares, holding 199,355,000 shares or 9.79% at the end of the period[110]. - The total number of unrestricted circulating shares is 2,003,865,600, accounting for 98.42% of the total shares[104]. - The company’s stock structure includes 40,524,000 restricted shares before the reporting period, which decreased to 32,114,600 after the changes[109]. Cash Flow and Financial Position - Cash inflow from operating activities for the first half of 2022 was CNY 449,149,206.56, an increase of 14.6% compared to CNY 391,870,171.86 in the first half of 2021[148]. - Cash outflow from operating activities totaled CNY 571,130,508.38, up 39% from CNY 410,876,381.99 in the same period last year[148]. - The ending balance of cash and cash equivalents was CNY 1,400,714,737.82, compared to CNY 1,200,784,084.13 at the end of the first half of 2021[151]. - The company experienced a net decrease in cash and cash equivalents of CNY -215,538,277.47 during the first half of 2022, contrasting with an increase of CNY 93,987,833.71 in the same period last year[151]. Corporate Governance and Compliance - The company maintained strong communication with investors, holding an annual performance briefing and responding to investor inquiries[53]. - The company experienced a board and supervisory committee reshuffle, with several directors and supervisors resigning and new members elected, including Jiang Jun as a non-independent director and Fang Guobin as an independent director[80]. - The company has not faced any significant litigation or arbitration matters during the reporting period[92]. - The company has not reported any changes in the controlling shareholder or actual controller during the reporting period[118]. Environmental and Social Responsibility - The company has implemented measures to promote paperless operations and recycling of office supplies, contributing to environmental protection[86]. - The company has not been penalized for environmental violations during the reporting period[86]. - The company has actively encouraged employees to practice waste sorting and recycling in compliance with local regulations[86].

Financial Performance - The company's operating revenue for Q1 2022 was ¥178,521,507.24, representing a year-on-year increase of 10.20%[7]. - Total operating revenue for Q1 2022 was CNY 178,521,507.24, an increase of 10.0% compared to CNY 161,991,259.77 in Q1 2021[31]. - The net profit attributable to shareholders of the listed company was -¥46,942,034.72, with a significant decrease attributed to increased R&D and personnel costs[7][11]. - Net profit for Q1 2022 was a loss of CNY 47,427,089.25, compared to a loss of CNY 2,911,872.41 in Q1 2021[32]. - The company reported a total comprehensive loss of CNY 52,083,416.56 for Q1 2022, compared to a loss of CNY 3,481,676.17 in Q1 2021[32]. - Basic and diluted earnings per share for Q1 2022 were both CNY -0.024, compared to CNY -0.001 in Q1 2021[32]. Cash Flow - The net cash flow from operating activities was -¥88,239,867.61, reflecting a decline due to increased cash outflows for employee compensation[7][11]. - Cash flow from operating activities for Q1 2022 was a net outflow of CNY 88,239,867.61, compared to a net outflow of CNY 63,962,203.54 in Q1 2021[36]. - The net cash flow from investing activities was -$52.09 million, compared to -$14.70 million in the previous period[38]. - Total cash inflow from financing activities amounted to $29.82 million, while cash outflow was $12.21 million, resulting in a net cash flow of $17.61 million[38]. - The net decrease in cash and cash equivalents was -$126.69 million, compared to -$85.92 million in the prior period[38]. - The ending balance of cash and cash equivalents was $1.49 billion, down from $1.62 billion at the beginning of the period[38]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,287,344,360.71, a decrease of 1.75% compared to the end of the previous year[9]. - As of March 31, 2022, the company's total assets amounted to RMB 2,287,344,360.71, a decrease from RMB 2,328,170,821.12 as of December 31, 2021, reflecting a decline of approximately 1.75%[20]. - The company's current assets totaled RMB 1,656,521,129.21, down from RMB 1,766,760,471.62, indicating a decrease of about 6.23%[24]. - The company's total liabilities stood at RMB 730,183,004.99, slightly down from RMB 751,764,363.16, a decrease of around 2.88%[27]. - The company's equity attributable to shareholders was reported at RMB 2,035,980,200.00, an increase from RMB 2,028,224,000.00, reflecting a growth of approximately 0.35%[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 144,160[16]. - The largest shareholder, Zhang Changhong, held 34.62% of the shares, totaling 704,792,657 shares[16]. Expenses - Total operating costs for Q1 2022 were CNY 224,662,373.79, up 36.7% from CNY 164,430,081.69 in Q1 2021[31]. - Research and development expenses increased to CNY 51,008,946.46 in Q1 2022, up 57.0% from CNY 32,488,065.48 in Q1 2021[31]. - The company recorded a decrease in sales expenses to CNY 27,487,709.96 in Q1 2022, down from CNY 30,371,652.96 in Q1 2021[31]. - Other income for Q1 2022 was CNY 1,104,254.84, a decrease from CNY 2,217,034.86 in Q1 2021[31]. Other Financial Metrics - The weighted average return on net assets was -2.99% at the end of the reporting period[9]. - The company's accounts receivable amounted to RMB 67,142,431.82, a slight decrease from RMB 68,202,639.68, indicating a reduction of about 1.56%[20]. - The company's inventory was reported at RMB 154,641.17, down from RMB 158,568.67, reflecting a decrease of approximately 2.45%[24]. - The company's non-current assets totaled RMB 630,823,231.50, an increase from RMB 561,410,349.50, representing a growth of about 12.34%[24]. - The company's short-term borrowings were RMB 4,500,000.00, with no previous balance reported, indicating new borrowing activity[27]. - The company's other payables increased to RMB 248,458,169.05 from RMB 201,418,799.49, reflecting a rise of approximately 23.31%[27].

Financial Performance - The net profit attributable to shareholders for 2021 was RMB 16,049,531.09[6] - The total distributable profit for the parent company at the end of 2021 was RMB 2,199,528,096.41[6] - The company plans not to distribute profits or increase capital reserves for the year 2021[6] - The company achieved operating revenue of 818.66 million RMB in 2021, a year-on-year increase of 15.67% compared to 707.76 million RMB in 2020[31] - The net profit attributable to shareholders was 16.05 million RMB in 2021, a significant decrease of 77.86% from 72.48 million RMB in 2020[31] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 7.53 million RMB, down 88.22% from 63.93 million RMB in the previous year[31] - The company reported a net cash flow from operating activities of 151.41 million RMB, a turnaround from a negative cash flow of 21.97 million RMB in 2020[31] - The total assets increased by 17.85% to 2.33 billion RMB at the end of 2021, compared to 1.98 billion RMB at the end of 2020[31] Risk Management and Compliance - The report includes a detailed discussion of various risks faced during operations and corresponding countermeasures[8] - The company has confirmed no non-operating fund occupation by controlling shareholders or related parties[8] - The company has not faced any violations in decision-making procedures regarding external guarantees[8] - The company has maintained stable operations while continuously innovating in product development and service offerings[34] - The company is committed to strengthening risk control and compliance culture, enhancing internal control systems, and improving risk management capabilities[97] - The company's performance is highly correlated with the securities market; fluctuations may impact investor demand for financial information services, affecting overall business performance[98] Research and Development - The company has increased its R&D investment and implemented a restricted stock incentive plan, leading to a significant rise in costs and a decline in profits[31] - R&D expenses accounted for 23.70% of operating revenue, reflecting the company's commitment to technology development[46] - Total R&D investment reached ¥194,005,895.94, accounting for 23.70% of operating revenue[64] - The company employed 1,127 R&D personnel, representing 69.83% of the total workforce[65] - The company completed several key R&D projects, including the "Big Wisdom Market Service System" and "Financial Investment Risk Control Project" by the end of the reporting period[68] Market Position and Strategy - The company is positioned as a leading provider of internet financial information services, focusing on securities information services, big data services, and overseas business[43] - The company has established subsidiaries in major Asian financial centers, including Hong Kong, Singapore, and Tokyo, indicating a forward-looking international strategy[45] - The company aims to strengthen its market competitiveness by focusing on its core business and enhancing the "Hui Operation Series Products" for institutional clients[93] - The company is committed to building a first-class international financial service provider, focusing on both pandemic control and business development[92] - The company is expanding its data sources and enhancing its product system, focusing on AI, machine learning, and big data to create a top-tier intelligent data center[94] Corporate Governance - The board of directors and senior management have guaranteed the authenticity and completeness of the annual report[4] - The company has conducted 1 annual and 3 temporary shareholder meetings, ensuring compliance with legal and regulatory requirements[105] - The company emphasizes investor relations management, actively engaging with investors through various platforms to build trust and enhance market image[105] - The company's board of directors includes experienced professionals with backgrounds in finance, investment, and management, enhancing its strategic decision-making capabilities[114] - The company has established a strict authorization management system for subsidiaries, ensuring compliance with group policies[151] Social Responsibility - The company has contributed to social responsibility initiatives, including donations to schools in remote areas to support information technology education[37] - The company has successfully fulfilled its social responsibility by helping 27 impoverished families in Shanghai's Pudong New Area fulfill their "micro-wishes"[158] - The company donated equipment resources to Chongqing's Zhong County Shuanggui Town Junior High School, establishing an "Love Education Classroom" to support rural revitalization efforts[161] Financial Management - Cash and cash equivalents at the end of the period reached ¥1,616,303,015.29, accounting for 69.42% of total assets, a 46.00% increase compared to the previous period[79] - The company has zero capitalized R&D investment, indicating a focus on immediate R&D expenses rather than long-term asset creation[64] - The company has confirmed that all procedures for entrusted wealth management have been legally followed[188] - The company has not reported any impairment provisions for entrusted wealth management or loans[191] - The company has not engaged in any significant contracts that would impact investor decisions[191]

2021 年第三季度报告 单位：元 币种：人民币 证券代码：601519 证券简称：大智慧 上海大智慧股份有限公司 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 本报告期比上 年初至报告期末 | --- | --- | --- | --- | --- | |-----------------------------------------------|----------------|-------------------------|-----------------|-----------------------------| ...

Financial Performance - The company's operating revenue for the first half of 2021 was RMB 339,062,535.32, representing a 27.89% increase compared to RMB 265,114,721.36 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -RMB 4,916,295.96, an improvement from -RMB 22,446,345.21 in the previous year[20]. - The net cash flow from operating activities was -RMB 19,006,210.13, compared to -RMB 148,771,088.29 in the same period last year, indicating a significant reduction in cash outflow[22]. - The total assets increased by 10.34% to RMB 2,179,771,381.25 from RMB 1,975,521,413.84 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company slightly increased by 0.08% to RMB 1,518,000,534.59[22]. - The basic earnings per share for the first half of 2021 was -RMB 0.002, an improvement from -RMB 0.011 in the same period last year[22]. - The weighted average return on net assets increased by 1.21 percentage points to -0.33% from -1.54% in the previous year[22]. - The company reported a significant increase in revenue due to the recovery from the impact of the pandemic on its 2B business[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses improved as the increase in operating revenue outpaced the growth in total operating costs[24]. Research and Development - The company's R&D expenses accounted for 22.21% of its operating revenue, reflecting a strong commitment to technological innovation and product development[41]. - Research and development expenses increased by 51.46% to ¥75,297,653.03 from ¥49,713,925.75, reflecting the company's commitment to enhancing its technological capabilities[50]. - The company has developed a new trading system with enhanced stability, security, and service capacity, responding to user demands and regulatory needs[46]. - The company launched the "Smart Investment" trading decision system, supporting various operating systems and offering personalized services for institutional clients[46]. - The company has developed a range of data application products, including a financial big data terminal and a risk warning system, tailored to institutional clients[31]. Business Operations and Strategy - The company operates a leading internet financial information service platform, focusing on securities information services, big data, and overseas business[30]. - The securities information service platform includes products like "Dazhihui 365" and "Dazhihui APP," providing comprehensive financial data and analysis tools to investors[31]. - The company has expanded its overseas business, acquiring local financial information service providers in Hong Kong, Singapore, and Tokyo, enhancing its international presence[35]. - The company emphasizes the importance of government policies supporting the financial information service industry, which creates a favorable environment for growth[35]. - The company is focused on continuous innovation in financial data processing and application development to meet client needs[34]. - The company is actively developing new products and services to adapt to changing market conditions and user needs, ensuring competitive advantage in the financial information services sector[40]. Financial Position and Assets - The company's overseas assets amounted to ¥488,895,755.72, accounting for 22.43% of total assets[53]. - The company reported a significant increase in other payables, which rose by 498.38% to ¥198,077,499.43 due to the implementation of a restricted stock incentive plan[53]. - The total number of ordinary shareholders reached 156,236 by the end of the reporting period[109]. - The total liabilities were RMB 661,770,846.66, which is an increase from RMB 458,667,616.41, showing a rise of about 44.2%[129]. - The company's cash and cash equivalents stood at RMB 1,201,034,084.13, compared to RMB 1,107,046,250.42, marking an increase of approximately 8.5%[127]. Shareholder Information - Zhang Changhong holds 704,792,657 shares, representing 34.75% of the total shares, with 70,000,000 shares pledged[109]. - Xiangcai Co., Ltd. increased its holdings by 298,155,000 shares, holding a total of 298,155,000 shares, which is 14.70% of the total[109]. - The company completed the registration of 40,524,000 restricted stock grants under the 2021 incentive plan, increasing total shares from 1,987,700,000 to 2,028,224,000[106]. - The company granted 2,800,000 restricted shares to directors and executives during the reporting period[115]. - The top five shareholders are controlled by the same actual controller, indicating a concentrated ownership structure[109]. Risk Management - The company faces risks related to the volatility of the securities market, which could significantly impact investor demand for financial information services[63]. - The company acknowledges the risk of intensified competition in the financial information service sector, prompting a need for continuous innovation and customer acquisition[65]. - The company is addressing the risk of rising labor costs by improving talent management and providing growth opportunities for employees[67]. Environmental and Operational Efficiency - The company has implemented a paperless office initiative, significantly reducing paper usage and improving operational efficiency[80]. - The company encourages employees to recycle office supplies and practice resource conservation[80]. Compliance and Governance - The company operates under the regulatory framework of the Ministry of Finance's accounting standards, ensuring compliance and accuracy in financial reporting[182]. - The company confirms that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months[185]. - The company has established procedures for accounting for mergers and acquisitions, ensuring proper valuation and reporting of assets and liabilities[195].

Financial Performance - Operating revenue for the period was ¥161,991,259.77, representing a significant increase of 54.75% year-on-year[12]. - Net profit attributable to shareholders was -¥2,911,872.41, an improvement from -¥38,752,484.05 in the same period last year[12]. - The net profit for Q1 2021 was 454,710.62, a significant recovery from a loss of 35,703,874.88 in Q1 2020[44]. - The company reported a net profit of -2,911,872.41 RMB, a significant decrease compared to -38,752,484.05 RMB in the previous period, indicating a recovery trend[46]. - Total revenue for the first quarter of 2021 was 5,243,218.73 RMB, up from 3,015,151.91 RMB in the same quarter of 2020, representing a year-over-year increase of approximately 74.0%[50]. Cash Flow - Net cash flow from operating activities was -¥63,962,203.54, showing a reduction in cash outflow compared to -¥171,530,267.26 in the previous year[12]. - The net cash flow from operating activities was -32,231,297.70 RMB, an improvement from -128,536,844.68 RMB in the same quarter last year[62]. - Total cash inflow from operating activities was 53,862,595.14 RMB, down 28.8% from 75,506,848.57 RMB year-over-year[62]. - The total cash outflow from operating activities was 86,093,892.84 RMB, a decrease of 57.8% compared to 204,043,693.25 RMB in the previous year[62]. - The cash inflow from operating activities totaled 164,792,533.68 RMB, down from 239,833,476.27 RMB in the same quarter of 2020[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,005,763,352.20, an increase of 1.53% compared to the end of the previous year[12]. - The total assets as of March 31, 2021, were 1,490,146,040.09, slightly down from 1,500,190,270.25 at the end of 2020[38]. - Total liabilities increased to 528,448,572.68 in Q1 2021 from 520,328,068.36 in Q1 2020, reflecting a rise of approximately 1.6%[38]. - The company's lease liabilities increased to ¥76,386,149.50, reflecting the first-time implementation of new leasing standards[20]. - Total liabilities amounted to approximately $520.33 million, with a slight increase to $521.40 million in the latest report[79]. Shareholder Information - The total number of shareholders at the end of the reporting period was 165,834[16]. - The largest shareholder, Zhang Changhong, held 35.46% of the shares, amounting to 704,792,657 shares[17]. - The total equity attributable to shareholders was 961,697,467.41, down from 979,862,201.89 at the end of 2020[40]. Research and Development - Research and development expenses increased by 29.10% to ¥32,488,065.48 from ¥25,164,660.95 in the previous period[20]. - Research and development expenses for Q1 2021 were 32,488,065.48, up from 25,164,660.95 in Q1 2020, marking an increase of approximately 29.1%[44]. - The company incurred research and development expenses of 1,509,947.13 RMB, which is a 69.9% increase compared to 888,286.23 RMB in the previous year[50]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,694,255.64 during the reporting period[15]. - Other income rose by 81.51% to ¥2,217,034.86, up from ¥1,221,430.44 in the previous period, mainly due to increased government subsidies[20]. - The company reported a total of ¥2,614,140.17 in non-operating income and expenses[15]. Comprehensive Income - The total comprehensive income for the period was -3,481,676.17 RMB, compared to -34,869,966.51 RMB in the previous period, indicating a significant reduction in losses[46]. - The company reported a financial expense of -5,957,771.15 RMB, which is an increase from -4,951,698.07 RMB in the previous year[50].