Financial Performance - Operating income decreased by 14.26% to CNY 166,479,488.61 compared to the same period last year[8] - Net profit attributable to shareholders decreased by 35.24% to CNY 42,620,070.70 compared to the same period last year[8] - Basic earnings per share decreased by 35.29% to CNY 0.11 compared to the same period last year[9] - Total operating revenue for Q1 2015 was CNY 166,479,488.61, a decrease of 14.2% compared to CNY 194,166,621.48 in the same period last year[29] - The company's operating revenue for Q1 2015 was CNY 144,545,790, a decrease of 16.3% compared to CNY 172,684,498.24 in the same period last year[31] - The net profit for Q1 2015 was CNY 5,474,119.58, a significant decline of 85% from CNY 36,415,447.89 in the previous year[31] - The total profit for Q1 2015 was CNY 5,398,326.80, down from CNY 42,389,355.76 in Q1 2014, indicating a decrease of approximately 87.3%[31] - The company's operating profit for Q1 2015 was CNY 5,449,125.23, a decrease of 87.2% from CNY 42,426,700.88 in the previous year[31] - The total comprehensive income for Q1 2015 was CNY 5,452,646.42, compared to CNY 36,487,025.10 in the same period last year, reflecting a decline of approximately 85%[32] Cash Flow - Cash flow from operating activities increased by 64.15% to CNY 23,944,104.88 compared to the same period last year[8] - The company's operating cash flow for Q1 2015 was CNY 23,944,104.88, an increase of 64.3% compared to CNY 14,586,447.91 in the same quarter last year[32] - Operating cash inflow for Q1 2015 was CNY 132,894,808.08, slightly up from CNY 131,668,586.07 in the previous period[36] - Net cash flow from operating activities increased significantly to CNY 42,837,441.36 compared to CNY 8,341,717.28 in the same period last year[36] - Total cash and cash equivalents at the end of Q1 2015 reached CNY 302,736,983.07, up from CNY 54,501,179.09 in the previous year[37] - Cash flow from investment activities showed a net outflow of CNY 9,193,397.76, a significant decrease from a net inflow of CNY 43,453,571.09 in the previous period[36] - Cash outflow for financing activities totaled CNY 144,000,000.00, consistent with the previous period[36] Assets and Liabilities - Total assets increased by 6.37% to CNY 1,075,405,788.09 compared to the end of the previous year[8] - Accounts receivable increased by 47.77% to CNY 144,820,871.91 due to increased sales in March[16] - Accounts payable increased by 42.40% to CNY 62,252,970.03 due to annual procurement activities[16] - Tax payable increased by 39.33% to CNY 19,533,722.56 due to increased VAT and income tax obligations[16] - Net assets attributable to shareholders increased by 4.69% to CNY 948,988,470.58 compared to the end of the previous year[8] - Current liabilities increased to 107,331,801.14 RMB from 85,299,141.17 RMB, indicating a rise in operational obligations[26] - Total liabilities increased to CNY 183,486,420.39 from CNY 116,719,456.15, representing a significant rise of 57.1%[28] Expenses - Financial expenses increased significantly to -1,035,357.24 RMB from -95,081.86 RMB, a change of 988.91% due to increased interest income from deposits[18] - Asset impairment losses decreased by 74.74%, from 1,999,954.54 RMB to 505,285.19 RMB, attributed to reduced bad debt provisions[18] - Non-operating income fell by 66.21%, from 5,589,286.28 RMB to 1,888,621.49 RMB, primarily due to receiving only the software tax rebate for November 2014 compared to two rebates in the previous period[18] - Non-operating expenses decreased by 43.21%, from 182,328.47 RMB to 103,543.65 RMB[20] - Income tax expenses decreased by 44.82%, from 11,099,615.77 RMB to 6,124,870.31 RMB, due to reduced profits[20] - Cash paid for purchasing goods and services decreased by 41.75%, from 95,035,825.20 RMB to 55,357,484.30 RMB, reflecting a reduction in procurement[21] - Cash paid for acquiring fixed assets increased significantly by 724.39%, from 1,386,161.41 RMB to 11,427,373.76 RMB, due to tax payments and property purchase[21] Inventory and Receivables - Inventory decreased slightly to CNY 101,041,210.92 from CNY 103,090,606.31, a decline of 2.0%[28] - Accounts receivable increased to CNY 152,855,593.88 from CNY 124,061,125.20, showing a growth of 23.3%[28]