Financial Performance - Operating revenue for the first nine months rose by 12.44% to CNY 539,289,875.61 compared to the same period last year[5] - Net profit attributable to shareholders increased by 19.13% to CNY 77,126,822.49 compared to the same period last year[5] - Net profit for the year increased by 42.05% to RMB 230,151,394.09 from RMB 162,024,571.60, driven by higher revenues[14] - Net profit for the first nine months was ¥199,364,280.50, compared to ¥125,839,564.30 in the previous year, reflecting a growth of 58.3%[20] - The net profit for Q3 2018 reached ¥51,570,978.68, a significant increase of 260.5% from ¥14,305,492.91 in Q3 2017[29] - The company's operating profit for the first nine months of 2018 was ¥90,583,090.71, compared to ¥77,990,845.37 in the same period of 2017, indicating a growth of 16.5%[28] Assets and Liabilities - Total assets increased by 90.03% to CNY 1,096,713,443.94 compared to the end of the previous year[5] - Total assets as of September 30, 2018, were ¥1,078,623,335.96, significantly higher than ¥532,662,821.70 at the beginning of the year[19] - The total liabilities increased to ¥255,315,820.73 from ¥227,908,022.67, marking an increase of 12.0%[20] - Cash and cash equivalents increased by 76.32% to RMB 106,894,401.77 from RMB 60,625,131.85, primarily due to funds raised from the public offering[13] - The company's cash and cash equivalents increased to ¥74,617,073.39 from ¥41,799,219.68 at the start of the year, representing a growth of 78.4%[19] Shareholder Information - The total number of shareholders reached 10,635 by the end of the reporting period[10] - The top shareholder, Zhang Wensheng, holds 50,400,000 shares, representing 63% of the total shares[10] - Equity attributable to shareholders reached ¥823,307,515.23, compared to ¥304,754,799.03 at the beginning of the year, reflecting a growth of 169.5%[20] Cash Flow - Net cash flow from operating activities decreased by 23.82% to CNY 40,931,472.54 compared to the same period last year[5] - Cash inflow from operating activities for the year-to-date reached ¥555,066,324.91, an increase of 11.7% compared to ¥496,718,181.51 in the previous year[32] - Net cash outflow from investing activities was ¥410,902,660.90, significantly higher than the previous year's outflow of ¥43,183,464.33[33] - The company reported a net cash inflow from financing activities of RMB 414,484,226.29, primarily due to funds raised from the IPO[14] - Total cash outflow from operating activities was ¥514,134,852.37, an increase from ¥442,989,528.47 in the previous year, resulting in a net cash flow of ¥40,931,472.54[33] Expenses - Management expenses increased by 77.48% to RMB 20,068,900.00 from RMB 11,307,910.25, primarily due to increased promotional activities post-IPO[14] - Research and development expenses for the third quarter were ¥2,155,358.68, compared to ¥1,438,210.53 in the same period last year, an increase of 50.0%[22] - Cash paid to employees rose to ¥104,927,822.91 from ¥93,267,955.90, an increase of 12.5%[33] Investment and Other Income - Non-operating income for the first nine months totaled CNY 10,083,797.69, with a significant portion from government subsidies[8] - Investment income rose by 65.49% to RMB 16,611,296.81 from RMB 10,037,525.09, reflecting higher returns from financial investments[14] - The company reported investment income of ¥7,456,126.53 for the third quarter, up from ¥3,906,170.54 year-over-year, representing an increase of 90.0%[22] - The company reported an investment income of ¥39,222,576.16 in Q3 2018, a substantial increase from ¥3,844,128.48 in Q3 2017[28] Operational Highlights - The company is currently expanding its production capacity with ongoing construction projects, notably at Jiangsu Star Toothbrush Co., Ltd.[14] - The company has not disclosed any new product developments or market expansion strategies in this report[4]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 345,276,972.58, representing a 9.64% increase compared to CNY 314,923,420.73 in the same period last year[16]. - The net profit attributable to shareholders for the first half of 2018 was CNY 45,215,052.47, which is a 4.32% increase from CNY 43,340,871.24 in the previous year[16]. - The net profit after deducting non-recurring gains and losses decreased by 2.50%, amounting to CNY 41,269,680.03 compared to CNY 42,325,989.90 in the same period last year[16]. - The net cash flow from operating activities significantly decreased by 82.05%, totaling CNY 5,961,419.05, down from CNY 33,214,028.28 in the previous year[16]. - The total assets at the end of the reporting period were CNY 1,053,840,636.51, an increase of 82.60% from CNY 577,121,835.75 at the end of the previous year[16]. - The net assets attributable to shareholders increased by 141.15%, reaching CNY 822,182,858.80 compared to CNY 340,939,806.33 at the end of the previous year[16]. - The basic earnings per share for the first half of 2018 were CNY 0.62, a decrease of 13.89% from CNY 0.72 in the same period last year[17]. - The weighted average return on net assets was 6.91%, down 8.51 percentage points from 15.42% in the previous year[18]. - The diluted earnings per share also stood at CNY 0.62, reflecting the same decrease of 13.89% compared to the previous year[17]. Market and Product Development - The company is primarily engaged in the research, production, and sales of oral hygiene products and disposable sanitary products, including toothbrushes and wet wipes[22]. - The company offers a diverse range of toothbrushes, including children's, adult, and specialized brushes, with features such as antibacterial materials and ergonomic designs[23]. - The company has developed various innovative toothbrush technologies, such as soft bristles for gentle cleaning and unique brush head shapes for enhanced effectiveness[25]. - The company aims to expand its market presence by introducing new product lines and enhancing existing ones to meet consumer demands[22]. - The company is focusing on improving product quality and consumer experience through advanced materials and design innovations[25]. - The company plans to leverage government subsidies to support its ongoing research and development efforts in oral care products[20]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[22]. - The company is committed to sustainability by incorporating eco-friendly materials in its product lines, aligning with consumer preferences for environmentally responsible products[25]. Financial Management and Risks - The company faces risks from fluctuations in raw material prices, which significantly impact product costs, particularly due to the correlation with international crude oil prices[59]. - To mitigate raw material price risks, the company plans to enhance procurement management and maintain stockpiles of key materials[60]. - Rising labor costs pose a risk, with the company aiming to automate production lines to improve efficiency and reduce costs[61]. - The company’s overseas sales revenue reached RMB 17,795.46 million, accounting for 51.68% of total revenue, exposing it to currency fluctuation risks[62]. - The company intends to monitor exchange rate trends and utilize forward foreign exchange contracts to manage currency risks[63]. Shareholder and Governance - No profit distribution or capital reserve increase is planned for the reporting period[65]. - The company has committed to not transferring or managing shares for 36 months post-IPO, ensuring stability in shareholding[66]. - The company aims to centralize toothbrush production to enhance scale efficiency and reduce production costs[61]. - The company committed to not transferring or entrusting the management of its shares for 36 months post-IPO, with a lock-up period extending for an additional 2 years if certain price conditions are met[68]. - During the lock-up period, any share transfer by directors or senior management is limited to 25% of their total holdings per year, and no transfers are allowed within six months after leaving the company[69]. - The company will not produce or develop any competing products with its subsidiaries, ensuring no direct or indirect competition[71]. - The company will ensure that any potential conflicts of interest are managed by prioritizing the company's interests in business opportunities[72]. Operational Efficiency - The company employs a "sales-driven production" strategy, adjusting production plans based on sales performance and order conditions[30]. - The company has enhanced its management efficiency by upgrading its ERP system, reducing the time from sales order to product output by nearly 2 weeks[44]. - The company’s product development cycle is relatively short, at 1-2 months, providing a competitive edge in the market[38]. - The company utilizes advanced automated production equipment to enhance efficiency and product quality in its manufacturing processes[27]. Compliance and Integrity - The company has maintained a good integrity status during the reporting period, with no significant debts or court judgments unfulfilled[78]. - The company has not reported any major litigation or arbitration matters during the reporting period[78]. - The company guarantees that it will not use related transactions to illegally transfer funds or profits, ensuring the protection of shareholder interests[75]. - The company has committed to avoiding and minimizing related transactions with other enterprises under its control[75]. Investment and Capital Structure - The company issued 20,000,000 shares at a price of RMB 24.07 per share, raising a total of RMB 481,400,000, with a net amount of RMB 445,028,000 after deducting issuance costs[86]. - The total number of ordinary shareholders reached 12,095 by the end of the reporting period[87]. - The largest shareholder, Zhang Wensheng, holds 50,400,000 shares, representing 63% of the total shares[89]. - The total number of shares increased from 60,000,000 to 80,000,000 after the issuance[85]. - The company’s capital reserve increased by 425,028,000.00 RMB, indicating a robust capital structure and potential for future investments[118]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle, with no significant doubts about the company's ability to continue operations within the next 12 months[3]. - The company's accounting policies are aligned with the company's operational characteristics, ensuring accurate revenue recognition[4]. - The company recognizes revenue from domestic sales upon delivery and customer acceptance, with specific criteria for different sales models including ODM and direct sales[199]. - For international sales, revenue is recognized upon export clearance based on signed purchase contracts and export invoices[200].

Financial Performance - Operating income for the period was CNY 158,702,720.28, representing a 4.56% increase year-on-year[6] - Net profit attributable to shareholders increased by 3.2% to CNY 18,411,442.38 compared to the same period last year[6] - Basic earnings per share decreased by 6.7% to CNY 0.28 compared to the same period last year[6] - The company's net profit for the reporting period is not expected to show significant changes compared to the previous year, indicating stable performance[13] - Net profit for Q1 2018 reached CNY 18,411,442.38, a slight increase from CNY 17,840,309.30, representing a growth of 3.20%[24] - The total comprehensive income for Q1 2018 was CNY 11,167,863.15, which is a decrease of 15.1% compared to CNY 13,158,467.87 in Q1 2017[28] Asset and Equity Growth - Total assets increased by 79.17% to CNY 1,034,015,410.58 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 133.29% to CNY 795,379,248.71 compared to the end of the previous year[6] - The company's total assets rose to ¥1,034,015,410.58 from ¥577,121,835.75, indicating substantial growth in overall financial position[17] - The company's equity increased to CNY 751,950,662.18 from CNY 304,754,799.03, reflecting a growth of 146.14%[21] Cash Flow and Financing Activities - The net cash flow from operating activities was negative at CNY -7,834,537.42, a decrease of 163.95% compared to the previous year[6] - The net cash flow from financing activities reached ¥430,688,423.18, a significant increase from ¥2,968,871.07, driven by the public issuance of A shares[13] - The company raised CNY 450,154,380.00 through financing activities, compared to CNY 48,500,100.00 in the same period last year, indicating a substantial increase in financing[32] - The cash flow from financing activities was significantly higher than the cash flow from investment activities, indicating a strong financing position[35] Current Assets and Liabilities - Accounts receivable decreased by 46.45% to ¥8,400,000.00 from ¥15,687,496.33, primarily due to significant payments made through bill endorsements[12] - Prepayments increased by 257.12% to ¥17,080,565.54 from ¥4,782,847.51, mainly due to an increase in advance payments to suppliers[12] - Other current assets surged by 1036.80% to ¥70,248,882.35 from ¥6,179,522.91, attributed to the purchase of principal-protected financial products[12] - The company's total liabilities slightly increased to ¥238,636,161.87 from ¥236,182,029.42, reflecting stable financial leverage[17] Expenses - Management expenses rose by 29.53% to ¥7,866,846.60 from ¥6,073,598.49, mainly due to increased costs associated with listing activities[13] - Total operating costs for Q1 2018 were CNY 140,323,158.22, up from CNY 130,710,547.26, reflecting a year-over-year increase of 7.73%[23] - The company reported a decrease in sales expenses to CNY 10,004,885.80 from CNY 10,357,468.93, a reduction of 3.41%[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,786[9] - The largest shareholder, Zhang Wensheng, holds 63% of the shares, totaling 50,400,000 shares[9] Investment Activities - The company invested CNY 65,000,000.00 in new projects during Q1 2018, reflecting a strategic focus on expansion and development[31] - The company reported a cash outflow from investing activities of CNY 82,434,084.60, compared to CNY 11,818,879.80 in the previous year, indicating increased investment activity[31]