Financial Performance - The company reported a total revenue of 500 million RMB for the first half of 2021, representing a year-on-year increase of 20%[20] - The net profit attributable to shareholders was 100 million RMB, up 15% compared to the same period last year[20] - The company's operating revenue for the first half of 2021 reached ¥698,208,065.50, representing a 30.96% increase compared to ¥533,165,286.09 in the same period last year[25] - Net profit attributable to shareholders was ¥115,100,499.12, a significant increase of 128.79% from ¥50,307,345.96 in the previous year[25] - The net cash flow from operating activities was ¥31,419,170.58, a recovery from a negative cash flow of ¥12,209,237.82 in the same period last year[25] - The company's total assets increased by 6.94% to ¥2,901,110,419.65 from ¥2,712,737,520.83 at the end of the previous year[25] - The net assets attributable to shareholders rose by 22.27% to ¥1,646,761,685.41 compared to ¥1,346,822,644.54 at the end of the previous year[25] - Basic earnings per share increased to ¥0.45, up 87.50% from ¥0.24 in the same period last year[25] - The company achieved a revenue of 698.21 million yuan in the first half of 2021, representing a year-on-year growth of 30.96%[90] - The net profit attributable to the parent company was 115.10 million yuan, an increase of 128.79% compared to the same period last year[90] - The net asset return rate was 7.63%, an increase of 2.19% year-on-year[90] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2022[20] - The company plans to enhance its market presence through strategic partnerships and product integration with Shanghai CA and GanYan Network[106] - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2025[176] - The marketing strategy combines direct sales and channel distribution to rapidly increase market coverage and share[116] Research and Development - The company is investing 200 million RMB in R&D for new technologies, aiming to enhance product offerings and improve user experience[20] - The company invested CNY 112.03 million in R&D, accounting for 16.04% of its revenue, maintaining a high level of investment in innovation[71] - Research and development expenses increased by 20%, reflecting a commitment to innovation and new technology[182] - The company has launched the new generation "intelligent, platform-based, and fully electronic" OA product, e-cology 9.0, enhancing user experience in various applications[84] Operational Efficiency - The company has implemented new strategies to improve operational efficiency, aiming for a 10% reduction in operational costs by the end of 2021[20] - The company aims to reduce operational costs by 5% through efficiency improvements in the supply chain[170] - Operating costs increased to ¥27,357,211.19, up 19.12% from ¥22,965,464.37 year-on-year[96] Product Development and Offerings - New product launches are expected to contribute an additional 50 million RMB in revenue for the second half of 2021[20] - The company is expanding its product line to include a full range of collaborative management and mobile office software products for various organizational sizes[32] - The e-cology product line targets large and medium-sized organizations, emphasizing modularity and flexibility to meet diverse client needs[42] - The e-office product line is designed for small and medium-sized organizations, offering a cost-effective solution to improve management and communication efficiency[46] - The company’s mobile collaborative office software integrates mobile communication functions, significantly enhancing organizational efficiency[70] Customer Base and Service - The company has expanded its customer base to include various government levels, public institutions, state-owned enterprises, and financial institutions, enhancing customer satisfaction and cloud service platform functionality[35] - The company has established over 500 service teams across more than 100 cities in nine major regions, enhancing its multi-tier marketing service system[40] - The company has established over 400 service teams across nine major regions in China, ensuring a 2-hour service response time nationwide[80] Competitive Landscape - The software and information services industry in China is experiencing accelerated growth, with increasing demand for collaborative management and mobile office software[59] - The competitive landscape of the collaborative management and mobile office software market is fragmented, with many small vendors, but a trend towards increasing market concentration is expected[60][63] - Nationally recognized vendors are expected to increase their market share due to their established brand reputation and service capabilities, while smaller vendors may face elimination from the market[65] Corporate Governance and Compliance - The company has committed to ensuring the accuracy and completeness of information provided during the major asset restructuring, which involves the acquisition of a stake in Shanghai Digital Certificate Authentication Center Co., Ltd[132] - The company has pledged to strictly adhere to legal procedures and information disclosure obligations, ensuring that no related party transactions harm the interests of the company and its shareholders[140] - The company has established a commitment to maintain fair and transparent dealings in any unavoidable related party transactions, adhering to market principles[136] Future Guidance - Future guidance indicates a projected revenue growth of 25% for the full year 2021[20] - The company has set a revenue guidance of $200 million for the next fiscal year, representing a 10% increase from the previous year[185] Risk Management - Management highlighted the importance of addressing potential risks, including market competition and regulatory changes, in their strategic planning[20] - The company faces market competition risks as more enterprises enter the collaborative management and mobile office software industry[113]

Financial Performance - Operating revenue for the period was CNY 249,878,103.82, representing a year-on-year increase of 24.10%[18] - Net profit attributable to shareholders of the listed company was CNY 26,064,119.13, up 37.90% from the previous year[18] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 53.01% to CNY 15,325,038.11[18] - The company's net profit for Q1 2021 was ¥699,560,753.37, up from ¥657,648,730.16 in Q1 2020, indicating a growth of approximately 6%[49] - The company's operating revenue for Q1 2021 was approximately ¥225.96 million, an increase of 22% compared to ¥185.14 million in Q1 2020[55] - The total profit for Q1 2021 was ¥30.82 million, a significant increase from ¥20.04 million in Q1 2020, marking a growth of 54%[53] - The net profit for Q1 2021 reached ¥26.06 million, up from ¥18.83 million in Q1 2020, representing a growth of 38%[53] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,687,293,080.58, a decrease of 0.94% compared to the end of the previous year[18] - Non-current assets totaled ¥482,252,404.96, down from ¥486,064,161.40, indicating a minor reduction in long-term asset holdings[38] - Total liabilities decreased to ¥1,047,891,234.29 in Q1 2021 from ¥1,250,253,171.39 in the previous year[49] - Current liabilities reached CNY 1,200,469,076.10, while total liabilities were CNY 1,365,914,876.29[76] - Total liabilities reached approximately $1.25 billion, with current liabilities at $1.09 billion and non-current liabilities at $164.4 million[82] Shareholders and Equity - Net assets attributable to shareholders of the listed company increased by 14.27% to CNY 1,538,970,097.02[18] - The total number of shareholders at the end of the reporting period was 5,688[25] - The company's equity attributable to shareholders rose to ¥1,517,185,967.58 in Q1 2021 from ¥1,309,190,614.90 in Q1 2020, marking an increase of about 16%[49] - Shareholders' equity totaled approximately $1.31 billion, with retained earnings of $657.6 million[82] Cash Flow - The net cash flow from operating activities was CNY -82,168,560.70, a decrease of 16.48% compared to the same period last year[18] - In Q1 2021, the cash inflow from operating activities was CNY 362,000,839.69, a significant increase from CNY 205,359,966.60 in Q1 2020, representing a growth of approximately 76.2%[61] - The cash outflow from operating activities totaled CNY 444,169,400.39, compared to CNY 303,738,740.54 in the same period last year, indicating an increase of about 46.2%[61] - The cash inflow from other operating activities was CNY 5,678,363.10, up from CNY 4,501,776.34 in Q1 2020, representing a growth of approximately 26.0%[61] Expenses - R&D expenses rose by 30.19% to ¥50,724,906.68 as a result of increased investment in research and development[31] - Operating expenses increased significantly, with other operating expenses rising by 291.88% to ¥30,638.83 due to increased fixed asset disposals[31] - The company experienced an increase in sales expenses to ¥162.75 million in Q1 2021, up from ¥133.70 million in Q1 2020, which is a rise of 22%[53] Investment and Other Income - Investment income reported a loss of ¥6,574,445.57, attributed to losses recognized from equity investments during the reporting period[31] - Other income increased by 61.43% to ¥14,757,997.26 mainly due to an increase in tax refunds received during the reporting period[31] - Cash paid for taxes increased by 57.35% to ¥33,297,828.41, attributed to higher VAT payments[31]

Financial Performance - The net profit attributable to shareholders for 2020 was RMB 229,550,091.47, with the parent company achieving a net profit of RMB 205,849,832.89[6]. - The company's operating revenue for 2020 was CNY 1,482,395,169.37, representing a 15.27% increase compared to CNY 1,286,034,406.75 in 2019[31]. - The net profit attributable to shareholders for 2020 was CNY 229,550,091.47, a significant increase of 64.28% from CNY 139,734,523.25 in 2019[31]. - The basic earnings per share for 2020 was CNY 1.11, up 63.24% from CNY 0.68 in 2019[34]. - The net cash flow from operating activities for 2020 was CNY 304,919,952.11, reflecting a 28.08% increase from CNY 238,072,659.26 in 2019[31]. - The company's total assets at the end of 2020 were CNY 2,712,737,520.83, a 40.82% increase from CNY 1,926,331,832.96 in 2019[33]. - The net profit excluding non-recurring gains and losses for 2020 was CNY 138,513,317.60, which is a 25.27% increase from CNY 110,569,274.06 in 2019[31]. - The company's net assets attributable to shareholders at the end of 2020 were CNY 1,346,822,644.54, a 49.54% increase from CNY 900,636,370.70 in 2019[33]. - The company reported a total non-operating income of 28,264,861.56, an increase from 25,572,480.71 in the previous period, reflecting a growth of approximately 6.6%[41]. - The company achieved a total operating revenue of 1,482.40 million yuan in 2020, an increase of 15.27% compared to the previous year[113]. - The net profit after deducting non-recurring gains and losses was 138.51 million yuan, up by 25.27% compared to the previous year[113]. - The net cash flow from operating activities reached 304.92 million yuan, representing a year-on-year increase of 28.08%[113]. - The total equity attributable to owners at the end of the period was 1,346.82 million yuan, which grew by 45.17% from the beginning of the year[113]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares (including tax) and to increase capital by 2 shares for every 10 shares held[6]. - The total distributable profit for 2020, after accounting for the legal surplus reserve and previous year's cash dividends, is RMB 657,648,730.16[6]. - The profit distribution proposal is subject to approval at the 2020 annual general meeting[7]. - The cash dividend distribution represents 13.97% of the net profit attributable to shareholders, reflecting the need to reserve funds for development and business expansion[180]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[5]. - The board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - There are no violations of decision-making procedures regarding external guarantees[9]. Risk Management and Strategic Planning - The company has outlined potential risks and uncertainties in its future operational and strategic plans[11]. - The company emphasizes the importance of investor awareness regarding investment risks associated with forward-looking statements[8]. - The company faces risks from intensified industry competition and potential market capacity limitations due to emerging management software[167]. - The company has outlined measures to address industry risks and enhance its competitive position in the market[169]. Research and Development - The company invested CNY 199.21 million in R&D, accounting for 13.44% of its revenue, maintaining a high level of investment in innovation[94]. - The company holds 135 software copyrights and 2 invention patents, reflecting its strong technical capabilities in the industry[94]. - The company has 725 R&D personnel, making up 55.68% of the total workforce[132]. - Research and development expenses totaled 199.21 million yuan, an increase of 19.73% compared to the previous year, representing 13.44% of operating revenue[132]. - The company plans to enhance its talent recruitment, training, and incentive mechanisms to maintain team stability and drive continuous development[173]. - The company will continue to invest in research and development to support its growth in the collaborative management and mobile office software sector[180]. Product Development and Market Strategy - The company has launched the eteams cloud office platform, allowing small and medium enterprises to use a comprehensive suite of mobile office applications without hardware or maintenance costs[46]. - The e-cology product line targets large and medium-sized organizations, emphasizing modularity and flexibility, which allows for tailored application solutions to meet diverse industry needs[50]. - The e-office product is designed for small and medium-sized organizations, featuring dozens of functional modules aimed at improving management efficiency with low investment costs[52]. - The company has implemented a no-code construction platform to support rapid application development and deployment, improving operational efficiency[45]. - The company launched the SAAS-based mobile office cloud product, e-teams, which offers features like task collaboration, document sharing, and performance reporting, primarily generating revenue through annual service fees[53]. - The company employs a direct sales model for large and medium-sized enterprises, focusing on e-cology products, while targeting small enterprises with e-office and e-teams products[58]. - The marketing strategy will combine direct sales and channel distribution to rapidly expand market coverage and increase market share[170]. - The company aims to accelerate product line upgrades and new technology research and development to meet industry-specific customer needs[169]. Customer Service and Satisfaction - The company has established over 400 service teams across nine major regions in the country, enhancing local service coverage within a 2-hour response time[47]. - The company has enhanced its customer satisfaction by continuously upgrading its cloud service platform and optimizing various application functions[43]. - The company has established regional authorized business operation centers across the country to provide localized customer service, ensuring quick response and support[60]. Market Trends and Competitive Landscape - The software and information services industry in China has shown a recovery, with software business revenue and profit growth rates rebounding during the reporting period[81]. - The market for collaborative management and mobile office software is fragmented, with many small vendors, but a trend towards increased market concentration is expected as leading national vendors gain market share[82]. - The demand for collaborative management and mobile office software is increasing across various sectors, driven by the need for efficient resource coordination and management[86]. - National vendors with competitive advantages are expected to further increase their market share due to rising customer demands for technology and service quality[87]. Future Outlook - The company aims to leverage national support for the information industry and the rapid development of mobile office information construction to strengthen its competitive position in the collaborative management software sector[156]. - In 2021, the company plans to upgrade product lines and develop new technologies, including integrating e-cology and eteams product lines to optimize functionality and improve operational efficiency[157]. - The company intends to expand its overseas market strategy and operational footprint while continuing to serve existing cross-border and overseas clients[161]. - Future outlook remains positive, with management expressing confidence in achieving long-term growth targets[198].

Financial Performance - Operating revenue for the first nine months was ¥866,015,636.80, representing a year-on-year increase of 10.33%[18] - Net profit attributable to shareholders of the listed company was ¥78,494,392.42, up 9.65% from the same period last year[18] - The company reported a net profit of ¥552,018,394.80 for the first three quarters of 2020, compared to ¥495,128,944.18 in the same period of 2019, reflecting a growth of 11.5%[49] - Total revenue for Q3 2020 reached ¥332,850,350.71, an increase of 18.7% compared to ¥279,999,569.15 in Q3 2019[49] - The company reported a total profit of ¥27,175,301.93 for Q3 2020, up from ¥23,404,368.36 in Q3 2019, reflecting an increase of around 11.9%[56] - The net profit for Q3 2020 was ¥28,285,467.89, compared to ¥21,893,738.46 in Q3 2019, indicating a year-over-year increase of approximately 29.5%[56] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,356,548,839.97, an increase of 22.33% compared to the previous year[18] - The total assets of the company as of September 30, 2020, amounted to ¥2,290,261,811.85, compared to ¥1,814,678,091.14 at the end of 2019, indicating a growth of 26.1%[49] - The total liabilities increased to ¥1,246,246,113.05 in Q3 2020 from ¥915,448,767.42 in Q3 2019, representing a rise of 36.1%[49] - Cash and cash equivalents increased by 33.11% to RMB 1,277,975,249.58 from RMB 960,058,847.64 due to funds raised from convertible bond issuance[28] - Cash and cash equivalents at the end of the period stood at $67,847,757.36, compared to $35,845,886.10 at the end of the same period last year, indicating a significant increase[78] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥1,041,623,743.07, reflecting a growth of 15.65% year-on-year[18] - The total number of shareholders at the end of the reporting period was 5,218[25] - The top shareholder, Wei Lidong, holds 33.11% of the shares, with 19,591,050 shares pledged[25] Cash Flow - The net cash flow from operating activities for the first nine months was ¥85,882,731.20, an increase of 5.73% year-on-year[18] - Cash inflow from operating activities reached ¥1,047.66 million, an increase from ¥931.84 million in the same quarter last year, showing a growth of 12.5%[69] - Total cash inflow from operating activities reached $968,773,784.21, compared to $851,702,566.06 in the previous year, indicating a year-over-year increase of about 13.8%[76] - Cash outflow from operating activities was $873,201,432.68, up from $765,735,004.11 in the prior year, reflecting a rise of approximately 14.0%[76] Investment and Expenses - Investment income reported a loss of RMB 12,009,955.78, a 209.77% increase in losses compared to RMB -3,877,067.42 from the previous year[31] - Cash paid for the acquisition of fixed assets and intangible assets rose by 102.59% to RMB 50,525,343.99 from RMB 24,939,775.91 due to increased project investments[31] - Research and development expenses increased to ¥49,392,100.68 in Q3 2020 from ¥41,281,927.91 in Q3 2019, marking a rise of about 19.5%[53] - The company incurred financial expenses of -¥7,161,708.65 in Q3 2020, compared to -¥6,277,548.38 in Q3 2019, reflecting an increase in financial costs[53] Government Subsidies - The company received government subsidies amounting to ¥2,183,400.00 during the reporting period[21] - Cash received from government subsidies increased by 92.51% to RMB 13,168,321.98 from RMB 6,840,369.39[31] Future Outlook - The company plans to continue investing in new product development and market expansion strategies to drive future growth[64]

Financial Performance - The company reported a total revenue of 200 million RMB for the first half of 2020, representing a year-on-year increase of 15%[21] - The net profit attributable to shareholders was 50 million RMB, up 10% compared to the same period last year[21] - The company's operating revenue for the first half of the year reached ¥533,165,286.09, representing a 5.59% increase compared to ¥504,946,247.24 in the same period last year[27] - The net profit attributable to shareholders was ¥50,307,345.96, a 2.26% increase from ¥49,193,686.35 year-on-year[27] - The company achieved a total revenue of 533.17 million RMB in the first half of 2020, representing a year-on-year increase of 5.59%[106] - The net profit attributable to the parent company was 50.31 million RMB, an increase of 2.26% compared to the same period last year[106] - The net profit after deducting non-recurring gains and losses decreased by 6.48% year-on-year to 33.39 million RMB[106] User Growth and Engagement - User data showed an increase in active users to 1.5 million, a growth of 20% year-on-year[21] - New product launches include an upgraded version of the e-cology platform, expected to enhance user engagement by 30%[21] - The company launched a free cloud office platform for small and medium-sized enterprises, allowing users to complete daily work through a cloud system without hardware or maintenance costs[110] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2021[21] - The marketing strategy will combine direct sales and channel distribution models to rapidly expand regional market coverage and increase market share[131] Research and Development - The company is investing 30 million RMB in R&D for new technologies, focusing on AI integration in its software solutions[21] - The company's R&D investment reached 85.07 million yuan, accounting for 15.96% of its revenue, indicating a strong commitment to innovation[87] - The company increased its investment in research and development, leading to a rise in R&D expenses during the reporting period[116] Product Development and Offerings - The company has focused on enhancing its mobile office capabilities, including the development of the intelligent portal and no-code construction platform[39] - The e-office product is designed for small and medium-sized organizations, featuring dozens of modules for knowledge management, process assistance, and administrative management, aimed at improving efficiency with low investment costs[47] - The e-cology product focuses on large and medium-sized organizations, providing a unified electronic mobile collaboration platform that meets diverse organizational needs with low cost and high efficiency[45] - The company continues to promote its next-generation OA product, e-cology 9.0, which focuses on intelligent, platform-based, and fully electronic office solutions[99] Risk Management - The company has identified potential risks in its operations and has outlined strategies to mitigate these risks in the management discussion section[21] - The company faces market competition risks as more enterprises enter the collaborative management and mobile office software industry[129] - The company is at risk of talent loss in key technical and management positions, which could impact its operational activities[129] Compliance and Governance - The company has committed to ensuring that all information provided during major asset restructuring is truthful, accurate, and complete, with a long-term commitment effective from December 6, 2017[138] - The company will avoid any form of competition with its own business post-restructuring, ensuring no proprietary technology or customer information is shared with competitors[141] - The company has established a commitment to not engage in unfair transactions that could harm its interests or those of its shareholders[152] Shareholder Relations and Stock Management - There are no plans for stock dividends or capital reserve transfers, with a distribution of 0 shares for every 10 shares held[134] - Major shareholders have pledged to comply with share reduction arrangements, limiting annual transfers to no more than 25% of their total holdings while ensuring the transfer price does not fall below the issuance price[162] - The company will initiate discussions on specific plans to stabilize stock prices within 5 working days after the conditions for such measures are met[183] - The company plans to repurchase its shares at a price not exceeding the latest audited net asset value per share, with the repurchase amount limited to 30% of the previous year's net profit attributable to shareholders[186]

Financial Performance - The net profit attributable to shareholders for 2019 was RMB 139,734,523.25, with the parent company achieving a net profit of RMB 127,681,570.23[7]. - The company's operating revenue for 2019 was CNY 1,286,034,406.75, representing a 28.14% increase compared to CNY 1,003,600,759.35 in 2018[29]. - The net profit attributable to shareholders for 2019 was CNY 139,734,523.25, which is a 22.05% increase from CNY 114,487,090.34 in 2018[29]. - The cash flow from operating activities for 2019 was CNY 238,072,659.26, showing a 19.19% increase compared to CNY 199,749,435.23 in 2018[29]. - The total assets at the end of 2019 were CNY 1,926,331,832.96, a 19.82% increase from CNY 1,607,642,720.46 at the end of 2018[29]. - The net assets attributable to shareholders at the end of 2019 were CNY 900,636,370.70, reflecting a 24.38% increase from CNY 724,091,970.43 at the end of 2018[29]. - The basic earnings per share for 2019 was CNY 0.95, up 21.79% from CNY 0.78 in 2018[32]. - The diluted earnings per share for 2019 was CNY 0.94, an increase of 22.08% compared to CNY 0.77 in 2018[32]. - The company achieved a total revenue of 1,286.03 million RMB in 2019, an increase of 28.14% compared to the previous year[88]. - The net profit after deducting non-recurring gains and losses was 110.57 million RMB, up 17.13% from the previous year[88]. - The operating cash flow net amount reached 238.07 million RMB, representing a year-on-year increase of 19.19%[88]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares (including tax) and to increase capital by 4 shares for every 10 shares held[7]. - The total distributable profit for 2019, after accounting for the legal surplus reserve and previous undistributed profits, is RMB 495,128,944.18[7]. - The company has reported a 10% legal surplus reserve extraction from the net profit, amounting to RMB 12,768,157.02[7]. - In 2019, the cash dividends distributed amounted to RMB 22,746,044.40, representing 16.28% of the net profit attributable to shareholders[178]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6]. - The board of directors and senior management have confirmed the accuracy and completeness of the financial report[4]. - The company has committed to ensuring that the information provided regarding the major asset restructuring is true, accurate, and complete, with no false records or misleading statements[182]. - The company has pledged to minimize related party transactions with the restructured entity and ensure fairness and transparency in unavoidable transactions[187]. Risks and Uncertainties - The company faces various risks and uncertainties that may impact its future operational and strategic plans[8]. - The report includes a detailed discussion of potential risks and countermeasures in the management analysis section[11]. - The company’s future plans and strategies are subject to risks and uncertainties, which do not constitute a commitment to investors[8]. - The company faces risks from market competition and potential talent loss, which could impact service quality and customer retention[170]. Research and Development - The company invested approximately 16.64 million yuan in R&D, accounting for 12.94% of its revenue, maintaining a high level of investment in innovation[75]. - The number of R&D personnel reached 694, representing 56.10% of the total workforce, indicating a strong focus on innovation[112]. - The total R&D investment amounted to approximately 166.39 million yuan, accounting for 12.94% of total operating revenue[112]. - The company will continue to invest in R&D to launch the latest versions of its smart office products and optimize product functionality based on customer needs[167]. Market Strategy and Operations - The company primarily operates through a direct sales model and channel distribution, with direct sales focusing on large and medium enterprises using e-cology products, while small enterprises utilize e-office and etteams[57][60]. - The company aims to enhance its marketing service system by expanding its existing marketing service institutions and establishing new service points in new regions[168]. - The company plans to continue adopting a combination of direct sales and channel distribution models to rapidly increase market coverage and share[172]. - The company has established regional authorized business operation centers across the country to provide localized customer service, ensuring quick response and support[61]. Product Development and Innovation - The company launched the new generation OA product "e-cology 9.0," focusing on intelligent, platform-based, and fully electronic office solutions[83]. - The company has developed intelligent office assistant software, enhancing product capabilities in data analysis and risk prediction[116]. - The e-office product line, designed for small and medium-sized organizations, includes dozens of functional modules to improve management efficiency at a low cost[49]. - The company has implemented a no-code platform to facilitate rapid application development and deployment, enhancing user experience[42]. Investment Activities - The company has invested in fixed assets, intangible assets, and construction projects, with significant investments in OA software industrialization projects over the past three years[133]. - The company received investment dividends totaling ¥408.75 million from its investment in Shanghai Digital Certification in 2019, resulting in an equity method investment income of ¥636.75 million[134]. - The investment in Ganyan Network resulted in an equity method investment loss of ¥1,588.45 million in 2019, but the company maintains a strong cooperative relationship due to product complementarity[134]. - The company's investment activities are primarily focused on long-term assets and financial products, with no significant impact from non-core business activities on profit changes[135]. Employee and Management - The company's employee compensation payable increased by 42.76% to ¥20,786,837.15, reflecting higher bonuses[137]. - The company will focus on enhancing its talent recruitment, training, and evaluation mechanisms to build a larger professional team[168]. - The company has maintained a consistent accounting policy by fully expensing R&D costs, ensuring comparability of financial data over time[120].

Financial Performance - Operating revenue for the period was CNY 201,350,285.83, down 1.98% year-on-year[12] - Net profit attributable to shareholders was CNY 18,900,165.31, a decrease of 2.22% compared to the same period last year[12] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,015,948.09, down 15.15% year-on-year[12] - Basic earnings per share were CNY 0.13, a decrease of 35.00% compared to the previous year[12] - The weighted average return on net assets was 2.07%, a decrease of 0.52 percentage points from the previous year[12] - Total operating revenue for Q1 2020 was CNY 201,350,285.83, a decrease of 2.6% from CNY 205,409,600.17 in Q1 2019[44] - Net profit for Q1 2020 was CNY 18,828,341.63, compared to CNY 19,304,596.72 in Q1 2019, indicating a decline of 2.5%[48] - The net profit for Q1 2020 was CNY 21,338,809.70, down from CNY 23,036,389.66 in Q1 2019, representing a decline of 7.4%[54] - The total comprehensive income attributable to the parent company was CNY 18,891,013.50, down from CNY 19,329,741.29 in the previous year[50] Asset and Liability Overview - Total assets at the end of the reporting period were CNY 1,820,026,712.17, a decrease of 5.52% compared to the end of the previous year[12] - Total assets decreased from CNY 1,926,331,832.96 to CNY 1,820,026,712.17, reflecting a reduction in overall asset value[30] - The company's total assets as of March 31, 2020, amounted to CNY 1,736,059,497.12, down from CNY 1,814,678,091.14 at the end of 2019[44] - Total liabilities as of March 31, 2020, were CNY 812,335,058.77, a decrease from CNY 915,448,767.42 at the end of 2019[42] - The total liabilities were approximately ¥998.61 billion, with non-current liabilities at ¥1.01 billion[72] - Total current liabilities amount to $915,448,767.42[77] Cash Flow Analysis - The net cash flow from operating activities was CNY -98,378,773.94, compared to CNY -29,147,825.27 in the same period last year[12] - Cash received from operating activities increased by 40.25% from CNY 3,209,729.79 to CNY 4,501,776.34 due to increased interest income during the reporting period[26] - Cash flow from operating activities was CNY 205,359,966.60, a decrease from CNY 232,770,769.19 in Q1 2019[59] - The net cash flow from operating activities for Q1 2020 was -82,822,822.13 RMB, compared to -23,597,867.19 RMB in Q1 2019, indicating a significant decline[63] - Total cash inflow from operating activities was 189,969,601.50 RMB in Q1 2020, down from 209,648,831.91 RMB in Q1 2019, reflecting a decrease of approximately 9.3%[63] - Cash outflow from operating activities increased to 272,792,423.63 RMB in Q1 2020, compared to 233,246,699.10 RMB in Q1 2019, representing an increase of about 16.9%[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 4,773[18] - The largest shareholder, Wei Lidong, held 50,203,968 shares, accounting for 33.11% of the total shares[18] Investment and Expenses - The company reported non-recurring gains of CNY 8,884,217.22 for the period[15] - Investment income reported a loss of CNY 3,700,895.61 compared to a loss of CNY 676,787.93 in the same period last year, attributed to new equity method investments recognized during the reporting period[26] - Cash paid to employees increased by 32.91% from CNY 58,361,753.33 to CNY 77,566,891.48 due to salary growth during the reporting period[26] - Cash paid for investment activities increased by 107.96% from CNY 314,000,000.00 to CNY 653,000,000.00 primarily due to increased purchases of structured deposits during the reporting period[26] - Research and development expenses for Q1 2020 were CNY 38,961,194.42, up from CNY 33,097,109.37 in Q1 2019, reflecting an increase of 17.5%[44] - The company reported a decrease in sales expenses to CNY 133,698,355.73 from CNY 142,999,996.46 in the previous year, a reduction of 6.5%[44] Future Outlook - The company is focusing on market expansion and new product development strategies to enhance growth prospects[73] - Future guidance indicates a commitment to maintaining strong financial health and exploring potential mergers and acquisitions[73]

Financial Performance - The net profit attributable to shareholders for 2019 was RMB 139,734,523.25, with the parent company achieving a net profit of RMB 127,681,570.23[7] - The total distributable profit for 2019, after accounting for the legal surplus reserve and previous undistributed profits, amounts to RMB 495,128,944.18[7] - The company's operating revenue for 2019 was CNY 1,286,034,406.75, representing a 28.14% increase compared to CNY 1,003,600,759.35 in 2018[29] - The net profit attributable to shareholders for 2019 was CNY 139,734,523.25, which is a 22.05% increase from CNY 114,487,090.34 in 2018[29] - The net cash flow from operating activities for 2019 was CNY 238,072,659.26, up 19.19% from CNY 199,749,435.23 in 2018[29] - The total assets at the end of 2019 were CNY 1,926,331,832.96, a 19.82% increase from CNY 1,607,642,720.46 at the end of 2018[29] - The net assets attributable to shareholders at the end of 2019 were CNY 900,636,370.70, reflecting a 24.38% increase from CNY 724,091,970.43 in 2018[29] - The basic earnings per share for 2019 was CNY 0.95, which is a 21.79% increase from CNY 0.78 in 2018[32] - The diluted earnings per share for 2019 was CNY 0.94, up 22.08% from CNY 0.77 in 2018[32] - The company reported a return on equity of 13.76% for the year[87] Dividend Distribution - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares (including tax) and to increase capital reserves by converting 4 shares for every 10 shares held[7] - The proposed profit distribution plan includes a cash dividend of RMB 1.50 per 10 shares and a capital reserve increase of 4 shares for every 10 shares held[132] - The company distributed cash dividends of 1.5 RMB per 10 shares in 2019, totaling 22,746,044.40 RMB, which represents 16.28% of the net profit attributable to ordinary shareholders[134] - In 2018, the cash dividend was also 1.5 RMB per 10 shares, amounting to 15,376,363.80 RMB, accounting for 13.43% of the net profit attributable to ordinary shareholders[134] - The company has maintained a consistent cash dividend policy over the past three years, with a steady dividend per share[134] Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6] - The board of directors and supervisory board members have all attended the board meeting, ensuring the accuracy and completeness of the annual report[5] - The company has not indicated any violations in decision-making procedures regarding external guarantees[9] - The company has committed to ensuring the legality and accuracy of information provided during the major asset restructuring process[138] Risk Management - The company has highlighted potential risks in its operations and development strategies, advising investors to be cautious[11] - The report includes a forward-looking statement risk declaration, indicating that future plans may be affected by uncertainties[8] - The company recognizes the risk of increased market competition in the collaborative management and mobile office software industry as more enterprises enter the market[125] Research and Development - The company invested approximately 16.64 million yuan in R&D, accounting for 12.94% of its revenue, maintaining a high level of investment in innovation[75] - The company has obtained 101 software copyrights and 2 invention patents by the end of the reporting period, reflecting its strong technical capabilities[75] - Research and development expenses increased by 32.62% to ¥166,388,818.85 from ¥125,466,133.26 in the previous year[92] - The company aims to enhance its product design and core technology R&D teams to provide more targeted solutions for various industries[128] Market Strategy - The company has actively expanded its market influence through nearly 100 promotional events for its new generation mobile office platform, E9[46] - The company aims to improve its marketing coverage and market share by combining direct sales and channel distribution models[128] - The company intends to develop its overseas market strategy and expand its operational network to serve cross-border and overseas clients more effectively[124] Product Development - The company has launched multiple application features and solutions to strengthen its core competitiveness in the mobile office sector, including enhancements to the small e intelligent portal[42] - The new SAAS cloud-based mobile office product, OA-eteams, allows users to operate through a unified cloud entry without the need for server hardware, targeting organizations with less complex management needs[53] - The company launched the e-cology 9.0 product, focusing on intelligent, platform-based, and fully electronic office solutions[83] - The company’s product lines, including e-office, e-cology, and eteams, successfully cater to various organizational needs across small, medium, and large enterprises[78] Operational Efficiency - The company has established over 300 service teams across nine major regions to enhance localized service for its e-cology product, ensuring a 2-hour service coverage nationwide[45] - The company has improved its technology architecture and customer management platform, enhancing customer satisfaction and cloud service functionality[42] - The mobile collaborative office solutions enable users to manage organizational tasks anytime and anywhere, significantly improving communication efficiency[72] Shareholder Commitments - The controlling shareholder has pledged to minimize related party transactions and ensure fairness in any unavoidable transactions[143] - The company commits to notifying creditors and relevant regulatory bodies after the shareholder meeting approves the share repurchase plan[192] - The company will not engage in any business that competes with its main operations, either directly or indirectly, and will not support others in competing activities[179]

Financial Performance - Operating revenue for the first nine months was ¥784,945,816.39, representing a 26.11% increase from the same period last year[17]. - Net profit attributable to shareholders of the listed company was ¥71,586,538.25, up 20.91% year-on-year[17]. - Total revenue for Q3 2019 reached ¥279,999,569.15, a 26.4% increase from ¥221,573,450.49 in Q3 2018[53]. - Year-to-date revenue for the first nine months of 2019 was ¥784,945,816.39, up 26.0% from ¥622,450,395.90 in the same period of 2018[53]. - Net profit for Q3 2019 was ¥21,893,738.46, a decrease of 4.3% from ¥22,875,059.31 in Q3 2018[57]. - The company reported a total profit of ¥23,404,368.36 for Q3 2019, compared to ¥22,430,103.54 in Q3 2018, indicating a growth of 4.3%[57]. - Net profit for Q3 2019 was ¥26,609,102.31, up 26.3% from ¥21,053,945.10 in Q3 2018[66]. - Total operating profit for Q3 2019 was ¥25,463,427.95, representing a 34.5% increase from ¥18,999,630.26 in Q3 2018[66]. - Total operating costs for Q3 2019 were ¥267,154,873.24, compared to ¥218,762,419.25 in Q3 2018, reflecting a 22.1% increase[53]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,750,889,112.04, an increase of 8.91% compared to the end of the previous year[17]. - Current liabilities totaled ¥930,811,684.59, compared to ¥859,910,944.05, reflecting an increase of approximately 8.5%[43]. - Total liabilities amounted to ¥930,811,684.59, up from ¥859,910,944.05, indicating an increase of around 8.5%[43]. - Owner's equity reached ¥820,077,427.45, compared to ¥747,731,776.41, reflecting an increase of approximately 9.7%[43]. - The total non-current assets rose to ¥477,625,547.68 from ¥431,193,882.19, indicating an increase of approximately 10.8%[47]. - Total assets rose to ¥1,750,889,112.04, up from ¥1,607,642,720.46, indicating an increase of about 8.85%[43]. - The company reported a total liability of ¥859,910,944.05, with current liabilities at ¥859,910,944.05[83]. - Shareholders' equity totaled ¥747,731,776.41, including ¥379,515,757.06 in undistributed profits[86]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥81,227,725.90, down 10.33% from the previous year[17]. - Cash flow from operating activities for the first three quarters of 2019 was ¥888,284,778.69, compared to ¥744,999,211.78 in the same period of 2018, indicating a growth of 19.3%[68]. - The total cash inflow from operating activities was $931,843,078.87, an increase of 17.9% from $790,214,840.03[72]. - The cash paid for operating activities was $850,615,352.97, which is a 21.6% increase compared to $699,626,416.46[72]. - The net cash flow from investment activities was -$137,391,174.64, improving from -$436,942,637.63 in the previous period[72]. - Cash received from other operating activities increased by 60.66% to RMB 6,840,369.39 due to growth in government grants[31]. Shareholder Information - Net assets attributable to shareholders of the listed company were ¥797,804,464.17, reflecting a growth of 10.18% year-on-year[17]. - The top two shareholders, Wei Lidong and Wei Jinkun, hold 33.09% and 24.24% of the shares, respectively[25]. Investments and Expenses - Long-term equity investments increased by 31.98% to RMB 249,696,872.97 as a result of increased external long-term equity investments[28]. - Research and development expenses for Q3 2019 totaled ¥41,281,927.91, an increase of 25.8% compared to ¥32,809,174.79 in Q3 2018[53]. - Financial expenses decreased by 71.14% to RMB -18,495,381.02 primarily due to an increase in accrued interest on structured deposits[31]. - The investment loss for Q3 2019 was -¥1,772,788.10, compared to a gain of ¥2,413,369.85 in Q3 2018[66]. Government Support - The company received government subsidies amounting to ¥5,682,900.00 during the reporting period[19]. - Operating income from non-operating activities rose by 67.74% to RMB 5,423,859.91 due to increased government subsidies received during the reporting period[31].

Financial Performance - The company reported a total revenue of 200 million RMB for the first half of 2019, representing a year-on-year increase of 15%[20] - The net profit attributable to shareholders was 30 million RMB, up 10% compared to the same period last year[20] - The company's operating revenue for the first half of 2019 was ¥504,946,247.24, representing a 25.96% increase compared to ¥400,876,945.41 in the same period last year[26] - The net profit attributable to shareholders for the first half of 2019 was ¥49,193,686.35, a 35.70% increase from ¥36,250,571.98 in the previous year[26] - The company achieved a revenue of 504.95 million yuan in the first half of 2019, an increase of 25.96% compared to the same period last year[82] - The net profit attributable to the parent company was 49.19 million yuan, representing a year-on-year increase of 35.70%[82] - The net profit after deducting non-recurring gains and losses was 35.70 million yuan, up 16.36% year-on-year[82] - The weighted average return on equity was 6.54%, an increase of 0.65% year-on-year[82] User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching a total of 1 million users by the end of June 2019[20] - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2021[20] - New product launches are expected to contribute an additional 50 million RMB in revenue for the second half of 2019[20] - The company is actively expanding its market share and brand influence through strategic alliances and diverse marketing methods[78] Research and Development - The company is investing 10 million RMB in R&D for new technologies aimed at enhancing user experience[20] - The company invested CNY 71.075 million in R&D, accounting for 14.08% of its revenue, maintaining a high level of investment in innovation[67] - The e-cology product line is undergoing multiple R&D expansions, including enhancements in technology architecture and user application scenarios[42] - The company has developed a competitive R&D, consulting, implementation, and service capability to provide comprehensive collaborative management solutions[74] Operational Efficiency and Strategy - A strategic partnership with a leading tech firm is anticipated to boost operational efficiency by 30%[20] - The company has identified potential risks in market competition and regulatory changes, with strategies in place to mitigate these risks[20] - The company is focusing on a strategy of "intelligent, platform-based, and fully electronic" development to improve its service offerings[35] - The company’s operational system's coverage and localization are key competitive factors, enabling direct engagement with end-users across all service stages[62] Product Offerings - The company continued to enhance its mobile office software products, including e-cology, e-office, and eteams, to serve various organizational sizes[34] - The company offers the e-cology product aimed at large organizations, focusing on a unified electronic mobile collaboration platform to enhance organizational management efficiency[40] - The e-office product targets small and medium-sized organizations, providing a cost-effective solution with numerous functional modules to improve management and communication efficiency[43] - The eteams product is a cloud-based mobile office solution that allows users to operate without the need for server hardware, suitable for organizations with simpler management needs[44] Market Trends and Competition - The software and information services industry is experiencing steady growth, with double-digit increases in revenue and profit, although specific market capacity data for collaborative management software is not available[52] - The competitive landscape for collaborative management and mobile office software is fragmented, with a low market concentration, but leading firms are expected to increase their market share[56] - The market for collaborative management and mobile office software is expected to grow as organizations increasingly seek to improve management efficiency through information technology[61] - Nationally recognized vendors are likely to increase their market share as competition intensifies, leading to a concentration trend in the industry[59] Corporate Governance and Compliance - There are no reported instances of non-operational fund occupation by controlling shareholders[20] - The company has committed to providing accurate and complete information regarding its major asset restructuring, ensuring legal responsibility for the data provided[120] - The company guarantees that any share reduction will comply with relevant laws and regulations, with prior notice given three trading days in advance[133] - The company has established a compensation system linked to performance measures, promoting accountability among executives[129] Service and Support - The company established over 300 service teams across nine major regions to provide localized services for its e-cology product, enhancing its national coverage[38] - The company has established regional service centers across the country to provide localized customer support and rapid response services[51] - The company has improved its online service capabilities, completing the electronic seal public service system and expanding identity verification for Hong Kong, Macau, Taiwan, and foreign nationals[99] Financial Management - The net cash flow from operating activities decreased by 28.55% to ¥30,450,908.72 from ¥42,617,838.83 in the same period last year[26] - The company's financial expenses increased by 70.52% to approximately -¥12.22 million, mainly due to higher interest on structured deposits[86] - The long-term equity investment increased by 37.27% to approximately ¥252.61 million, indicating a strategic focus on external investments[89] Shareholder Information - The largest shareholder, Wei Lidong, holds 50,203,968 shares, representing 33.09% of the total shares[195] - The second-largest shareholder, Wei Jinkun, holds 36,776,816 shares, accounting for 24.24% of the total shares[195] - The total number of shareholders at the end of the reporting period was 3,692[194]