Financial Performance - The company's operating revenue for Q1 2022 was RMB 436,289,934.31, representing an increase of 8.43% compared to the same period last year[6] - The net profit attributable to shareholders was RMB 18,143,920.68, showing a decrease of 8.96% year-on-year[6] - The basic earnings per share were RMB 0.05, which is a decrease of 8.96% compared to the same period last year[6] - Total operating revenue for Q1 2022 was CNY 436,289,934.31, an increase of 8.4% compared to CNY 402,374,845.17 in Q1 2021[22] - Net profit for Q1 2022 was CNY 17,951,439.88, a decrease of 10.1% from CNY 19,971,534.63 in Q1 2021[25] - Total comprehensive income attributable to the parent company for Q1 2022 was ¥18,143,920.68, a decrease from ¥19,929,885.91 in Q1 2021, representing a decline of approximately 9.0%[26] Cash Flow - The net cash flow from operating activities was negative at RMB -64,017,033.39, a decline of 33.02% compared to the previous year[6] - Cash inflow from operating activities for Q1 2022 was ¥470,975,759.74, compared to ¥379,380,763.46 in Q1 2021, reflecting an increase of approximately 24.2%[28] - Cash and cash equivalents at the end of Q1 2022 totaled ¥663,712,551.01, significantly up from ¥240,365,398.96 at the end of Q1 2021, marking an increase of approximately 176.5%[28] - The company reported cash inflow from financing activities of ¥591,302,250.27 in Q1 2022, compared to ¥100,000,000.00 in Q1 2021, indicating a substantial increase[28] - Cash outflow from financing activities in Q1 2022 was ¥52,937,633.69, down from ¥61,591,211.44 in Q1 2021, showing a decrease of approximately 13.5%[28] - The company's cash flow from investing activities showed a net outflow of ¥25,662,416.35 in Q1 2022, compared to a net outflow of ¥23,259,457.46 in Q1 2021[28] Assets and Liabilities - Total assets at the end of the reporting period reached RMB 2,705,511,968.92, reflecting a growth of 20.20% from the end of the previous year[8] - The company's total liabilities decreased to CNY 881,410,457.72 in Q1 2022 from CNY 949,025,247.55 in Q1 2021, representing a reduction of approximately 7.1%[21] - Total equity attributable to shareholders increased to CNY 1,821,990,378.23 in Q1 2022 from CNY 1,299,507,562.48 in Q1 2021, marking a growth of 40.2%[22] - The total assets of the company reached CNY 2,195,661,082.57 in Q1 2022, up from CNY 1,691,083,202.20 in Q1 2021, reflecting an increase of 29.9%[34] - The total liabilities decreased to CNY 804,513,329.98 in Q1 2022 from CNY 813,485,945.08 in Q1 2021, a reduction of approximately 1.3%[34] Shareholder Information - Total number of common shareholders at the end of the reporting period is 49,657[13] - The top 10 shareholders hold a combined 68.41% of the company's equity, with the largest shareholder holding 57.98%[15] Costs and Expenses - The company noted a 15.51% increase in operating costs, primarily due to rising raw material prices and transportation expenses[10] - Total operating costs for Q1 2022 were CNY 409,406,167.78, up from CNY 371,112,218.91 in Q1 2021, reflecting a year-over-year increase of 10.3%[22] - Research and development expenses for Q1 2022 were CNY 12,425,089.20, a slight decrease of 10.4% compared to CNY 13,869,723.76 in Q1 2021[25] - The company reported a decrease in sales expenses to CNY 27,853,374.06 in Q1 2022 from CNY 39,600,646.46 in Q1 2021, indicating a reduction of 29.8%[22] - The cost of goods sold for Q1 2022 was CNY 287,372,987.20, which is an increase from CNY 265,714,785.64 in Q1 2021, indicating a rise of 8.2%[34] Cash and Cash Equivalents - The company experienced a 177.93% increase in cash and cash equivalents due to the inflow of funds from its IPO[10] - The company's cash and cash equivalents increased to ¥711,378,765.75 from ¥255,955,644.39 year-over-year[17] - The ending balance of cash and cash equivalents reached $605,752,891.29, up from $168,115,898.20 in the prior period[36] Other Financial Metrics - The weighted average return on equity was 1.39%, indicating a decline of 0.39 percentage points[6] - The company reported non-recurring gains of RMB 233,429.02 after tax, with a significant portion attributed to government subsidies[9] - The company has not engaged in margin financing or securities lending activities as of the reporting period[15] - The company’s goodwill and intangible assets increased slightly, reflecting ongoing investments in technology and brand value[19]