Financial Performance - The company's operating revenue for the first half of 2022 was CNY 296,001,969.10, representing a 67.19% increase compared to CNY 177,043,223.57 in the same period last year[23]. - The net profit attributable to shareholders was -CNY 48,096,384.70, worsening from -CNY 24,903,555.60 year-on-year[23]. - The basic earnings per share for the first half of 2022 was -CNY 0.21, compared to -CNY 0.11 in the same period last year[24]. - The company's total assets decreased by 10.19% to CNY 1,709,727,123.97 from CNY 1,903,713,079.42 at the end of the previous year[23]. - The net assets attributable to shareholders decreased by 5.44% to CNY 1,319,293,193.09 from CNY 1,395,157,382.16 at the end of the previous year[23]. - The company's cash flow from operating activities was -CNY 146,924,746.89, indicating a negative cash flow situation[23]. - The weighted average return on net assets decreased by 1.61 percentage points to -3.50% from -1.89% year-on-year[24]. Corporate Governance - The board of directors confirmed that all members attended the board meeting, ensuring the integrity of the report[4]. - The financial report has not been audited, but management has declared its accuracy and completeness[5]. - The company has not faced any non-operational fund occupation by controlling shareholders or their affiliates[7]. - The company has not violated any decision-making procedures regarding external guarantees[7]. - The company has confirmed that more than half of the directors can guarantee the authenticity and completeness of the semi-annual report[7]. - There have been no changes in the company's board of directors or senior management during the reporting period[90]. - The company committed to strictly adhere to all laws and regulations regarding corporate governance and will not interfere in the management activities of the company[104]. Risk Management - The company has outlined potential risks in the management discussion section, advising investors to be aware of these risks[7]. - The report includes a forward-looking statement risk declaration, emphasizing the difference between plans, forecasts, and commitments[6]. - The company faces seasonal sales risks, with higher revenue typically concentrated in the second half of the year due to client procurement cycles[78]. - The company is exposed to risks related to technology development and product upgrades, which could impact profitability if not managed effectively[79]. - The competitive landscape in the information security industry is intensifying, posing risks to market share despite the company's current advantages[80]. - The company has implemented measures to protect its intellectual property, but risks of infringement remain, which could adversely impact profitability[82]. Research and Development - The company invested approximately 50.076 million yuan in research and development during the reporting period[57]. - The company continues to focus on expanding its product line in the field of cryptography, addressing emerging applications in digital currency, IoT, and data security[52]. - Research and development expenses remained stable at ¥50,075,958.51, a slight increase of 0.84% compared to ¥49,658,896.51 from the previous year[63]. - Research and development expenses for the first half of 2022 were ¥50,075,958.51, slightly up from ¥49,658,896.51 in the same period of 2021[136]. Market Position and Strategy - The company focuses on the information security industry, primarily engaged in the research, production, and sales of commercial cryptographic software and hardware products based on Public Key Infrastructure (PKI)[29]. - The company has developed a complete information security product system, including PKI infrastructure products, PKI security application products, and general security products[30]. - The company has established a marketing and service network covering 30 provinces and cities nationwide[54]. - The company is actively pursuing digital identity management and integrated password services in response to the digital transformation of state-owned enterprises[55]. - The company has been recognized as one of the top 50 competitive companies in the Chinese cybersecurity industry by the China Cybersecurity Alliance[42]. - The company is a leading player in the PKI product market, benefiting from over 20 years of development and innovation in information security[43]. Financial Management - The company reported a cash dividend of RMB 0.13 per share, totaling RMB 30,123,864.29 distributed to shareholders[8]. - The company approved the use of up to RMB 500 million of idle raised funds for cash management, with a rolling usage period of 12 months[85]. - As of the end of the reporting period, the balance of wealth management products purchased with idle raised funds was RMB 395 million[85]. - The investment income generated from the redemption of wealth management products during the reporting period was RMB 7.38 million[85]. - The company has invested in various wealth management products, including a principal-protected product with a yield of 4.50% and a duration of 363 days, amounting to RMB 20 million[85]. - The company has also invested RMB 2.5 million in a structured deposit with a floating yield of 3.20% linked to USD/JPY exchange rates[85]. Shareholder Information - The company has 18,727 ordinary shareholders as of the end of the reporting period[117]. - The top shareholder, Kong Lingang, holds 30,081,462 shares, representing 12.98% of the total shares[119]. - The company has committed to not reducing its shareholding within 36 months post-IPO, with a limit of 25% of total shares held per year during employment[98]. - The company’s actual controllers have pledged to avoid engaging in any business that competes directly or indirectly with the company[100]. Environmental and Social Responsibility - The company has maintained a strong commitment to environmental protection, generating no industrial waste or pollutants during its operations[94]. - The company has been actively involved in rural revitalization projects, investing nearly RMB 2 million to support poverty alleviation for 1,249 individuals in Yunnan Province[95].

Financial Performance - The company's operating revenue for Q1 2022 was ¥137,157,754.58, representing an increase of 87.55% compared to the same period last year[6] - The net profit attributable to shareholders was -¥55,927,302.25, indicating a significant loss due to increased operating expenses[6] - Basic and diluted earnings per share were both -¥0.24, showing a decline compared to the previous year[7] - The weighted average return on equity decreased by 4.09% to -4.09%, a drop of 2.28 percentage points from the previous year[7] - Net profit for Q1 2022 was a loss of ¥56,146,012.58, compared to a loss of ¥23,950,800.68 in Q1 2021, indicating a deterioration in profitability[19] - The total comprehensive loss for Q1 2022 was -56,783,469.94 RMB, compared to -23,913,917.97 RMB in Q1 2021, reflecting a worsening financial position[20] - The basic and diluted earnings per share for Q1 2022 were both -0.24 RMB, compared to -0.10 RMB in Q1 2021, showing a decline in per-share performance[20] Cash Flow - The net cash flow from operating activities was -¥133,429,081.93, reflecting a decrease in cash received from sales and services[6] - Cash inflows from operating activities for Q1 2022 totaled 109,613,778.41 RMB, down from 140,550,511.51 RMB in Q1 2021, indicating reduced operational cash generation[23] - The net cash flow from operating activities for Q1 2022 was -133,429,081.93 RMB, compared to -85,961,472.07 RMB in Q1 2021, highlighting increased cash outflows[23] - The company experienced a significant increase in cash outflows for operating activities, totaling 243,042,860.34 RMB in Q1 2022, compared to 226,511,983.58 RMB in Q1 2021[23] - Cash inflows from investment activities for Q1 2022 were 572,506,779.14 RMB, up from 486,747,248.62 RMB in Q1 2021, suggesting improved investment returns[24] - The net cash flow from investment activities for Q1 2022 was 135,353,979.16 RMB, compared to -108,185,105.27 RMB in Q1 2021, indicating a positive turnaround in investment cash flow[24] - The company reported a cash inflow of 560,100,000.00 RMB from the recovery of investments in Q1 2022, compared to 477,490,000.00 RMB in Q1 2021, reflecting stronger investment recovery efforts[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,853,668,283.31, down 2.63% from the end of the previous year[7] - Total assets as of March 31, 2022, were ¥1,853,668,283.31, down from ¥1,903,713,079.42 at the end of 2021[16] - Total liabilities increased to ¥511,710,691.69 in Q1 2022 from ¥507,790,887.72 at the end of 2021, showing a slight increase of 0.4%[16] - The company’s total equity decreased to ¥1,341,957,591.62 as of March 31, 2022, from ¥1,395,922,191.70 at the end of 2021, reflecting a decline of 3.9%[16] - Shareholders' equity attributable to the parent company was ¥1,340,443,489.35, a decrease of 3.92% compared to the previous year[7] Operating Costs and Expenses - Total operating costs for Q1 2022 were ¥202,609,656.65, up from ¥103,418,688.01 in Q1 2021, reflecting a year-over-year increase of 95.9%[18] - Research and development expenses in Q1 2022 amounted to ¥29,580,136.20, an increase of 37.2% from ¥21,572,443.96 in Q1 2021[19] - The company reported a gross profit margin decline, with gross profit for Q1 2022 at ¥42,479,194.12, compared to ¥54,320,095.27 in Q1 2021[19] Shareholder Information - The top shareholder, Kong Linggang, holds 30,081,462 shares, accounting for 12.98% of the total shares[10] - The total number of ordinary shareholders at the end of the reporting period was 18,673[10] - The company received government subsidies amounting to ¥2,731,478.23 during the reporting period[8]

Financial Performance - The company's operating revenue for 2021 was CNY 611,071,655.81, representing a year-on-year increase of 37.38% compared to CNY 444,807,800.17 in 2020[25]. - The net profit attributable to shareholders for 2021 was CNY 79,708,336.41, up 39.65% from CNY 57,077,979.32 in 2020[25]. - The net profit after deducting non-recurring gains and losses was CNY 33,258,456.50, a decrease of 27.73% from CNY 46,018,600.15 in 2020[25]. - The total assets at the end of 2021 were CNY 1,903,713,079.42, an increase of 17.21% from CNY 1,624,238,738.80 at the end of 2020[25]. - The basic earnings per share for 2021 was CNY 0.34, reflecting a 36.00% increase from CNY 0.25 in 2020[26]. - The weighted average return on equity for 2021 was 5.87%, down 0.57 percentage points from 6.44% in 2020[26]. - The company reported a net cash flow from operating activities of CNY -12,617,595.37, a significant decrease of 108.64% compared to CNY 145,981,400.36 in 2020[25]. - The company achieved operating revenue of 611.07 million yuan in 2021, a year-on-year increase of 37.38%, and a net profit attributable to shareholders of 79.71 million yuan[34]. - The total profit reached 9,101.17 million RMB, reflecting a growth of 42.23% compared to the previous year[69]. - The net profit attributable to shareholders was 7,970.83 million RMB, up 39.65% year-on-year[69]. Dividend Policy - The company plans to distribute a cash dividend of 1.30 RMB per 10 shares, totaling 30,123,864.29 RMB, based on a total share capital of 231,722,033 shares as of the end of 2021[6]. - The company distributed a total of 23,172,203.28 CNY in cash dividends based on a share capital of 193,101,694 shares, amounting to 1.2 CNY per 10 shares[165]. - The cash dividend distribution was completed on June 1, 2021, as approved by the 2020 annual shareholders' meeting[165]. - The company plans to distribute at least 30% of the available profit in cash dividends annually for the first five years post-listing, provided there are no significant capital expenditures[164]. - The company’s cash dividend policy stipulates that during the mature stage without significant capital expenditure, at least 80% of the current profit distribution should be in cash dividends[163]. Capital Structure and Shareholder Information - The company's registered capital increased from 193,101,694 RMB to 231,722,033 RMB following a capital reserve conversion approved at the 2021 annual general meeting[10]. - The company’s total share capital increased by 38,620,339 shares due to a capital reserve conversion in 2021[10]. - The total number of shares held by Chairman Kong Lingang increased from 25,067,885 to 30,081,462, a change of 5,013,577 shares due to capital reserve conversion[139]. - Director Lu Haitan's shares rose from 17,307,329 to 19,147,695, an increase of 1,840,366 shares, also attributed to capital reserve conversion[139]. - Director Yang Wenshan's shares decreased from 8,615,154 to 7,754,985, a reduction of 860,169 shares, with a total pre-tax remuneration of 96.38 million yuan[139]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[7]. - The company has detailed potential risks in the management discussion and analysis section of the report[9]. - The company emphasizes a strong governance structure, ensuring compliance with legal regulations and maintaining a high-quality investor relations management system[41]. - The company strictly adheres to insider information management regulations, enhancing transparency and protecting shareholder rights[131]. - The company has taken measures to ensure independence from its controlling shareholder in all aspects, including assets, personnel, finance, and operations[132]. Research and Development - The company invested approximately 106.25 million yuan in R&D during the reporting period, representing a 38.17% increase compared to 2020[38]. - The company is committed to strengthening data security and privacy protection, aligning with national policies for self-control and comprehensive compliance, which drives market demand for information security products[47]. - The company continues to focus on emerging technologies such as searchable encryption and blockchain, with several research outcomes entering the product integration phase[39]. - Research and development expenses rose by 38.17% to 106,245.79 million RMB, indicating increased investment in innovation[70]. - The company is focusing on exploring new technologies and application scenarios to enhance its core technical advantages in the information security sector[98]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[142]. - The company plans to strengthen its research and development efforts, particularly in emerging fields like cloud computing, industrial internet, and blockchain[104]. - The company will continue to enhance its core business capabilities and focus on market expansion in key sectors such as government, finance, and state-owned enterprises[104]. - The company is transitioning from a single product provider to a comprehensive security solution provider to meet evolving customer needs[104]. - The company anticipates a growing market for identity management and access control software as cloud environments become more prevalent[101]. Corporate Governance - The company has established an independent personnel management system, ensuring that all personnel appointments, incentives, and penalties are managed according to internal policies[132]. - The company has a structured decision-making process for remuneration, where independent director compensation is decided by the shareholders' meeting, while other senior management compensation is discussed and approved by the compensation committee before being submitted to the board[149]. - The company has maintained a stable leadership structure, with key personnel serving in their roles for extended periods[146][147]. - The company emphasizes performance-based evaluations for its senior management, linking compensation to the achievement of annual operational indicators[149]. - The company is committed to improving its corporate governance structure and internal control mechanisms to promote sustainable development[131]. Environmental Responsibility - The company emphasizes its commitment to environmental protection, stating that it generates no production wastewater, waste gas, or industrial waste, with noise levels significantly below allowable standards[178]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[179]. - The company has disclosed its social responsibility efforts in its 2021 Social Responsibility Report[179]. Legal and Regulatory Compliance - The company has not faced any penalties from securities regulatory agencies in the past three years[150]. - There were no significant lawsuits or arbitration matters reported for the year[194]. - The company has not faced any delisting risks or bankruptcy restructuring issues during the reporting period[194]. - The company has not disclosed any temporary announcements regarding significant contracts or their execution status[198]. Employee Information - The company increased its total employee count to 919, with a net increase of 189 employees, and 71.27% of employees hold a bachelor's degree or higher[40]. - The professional composition includes 676 technical personnel, 145 sales personnel, and 14 financial personnel[160]. - The company has implemented a salary policy that links employee income to annual business performance and management goals[161]. - The company has a training plan that aligns employee development with future human resource needs[162].

2021 年第三季度报告 证券代码：603232 证券简称：格尔软件 公告编号：2021-067 格尔软件股份有限公司 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比 | 年初至报告期末 | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 上年同期增 | | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 110,805,062.09 | 72.76 ...

Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2021, representing a 15% increase compared to the same period last year[22]. - The net profit for the first half of 2021 was RMB 20 million, which is a 10% increase year-over-year[22]. - The company's operating revenue for the first half of 2021 was ¥177,043,223.57, representing a 58.52% increase compared to ¥111,687,592.89 in the same period last year[24]. - The net profit attributable to shareholders was a loss of ¥24,903,555.60, an improvement from a loss of ¥34,904,057.73 in the previous year[24]. - The net cash flow from operating activities was a negative ¥117,160,820.87, worsening from a negative ¥54,264,237.82 in the same period last year[24]. - The basic earnings per share for the first half of 2021 was -¥0.11, an improvement from -¥0.15 in the same period last year[25]. - The company reported a net profit for the first half of 2021 was a loss of ¥25,015,038.90, an improvement from a loss of ¥34,924,852.91 in the same period of 2020[149]. - The total comprehensive income for the first half of 2021 was CNY -7,860,610.01, compared to CNY -11,515,916.57 in the first half of 2020, indicating a reduction in losses[153]. Assets and Liabilities - The total assets of the company as of June 30, 2021, amounted to RMB 500 million, showing a growth of 5% from the previous year[22]. - The company's total assets increased by 1.48% to ¥1,648,319,818.93 from ¥1,624,238,738.80 at the end of the previous year[24]. - The company's total assets as of June 30, 2021, amounted to ¥1,183,635,165.89, slightly down from ¥1,204,648,408.96 at the end of 2020[146]. - Total liabilities rose to CNY 370,180,254.86 from CNY 294,316,496.83, marking an increase of about 25.8%[141]. - The company's equity attributable to shareholders decreased to CNY 1,277,514,524.79 from CNY 1,329,185,719.39, a decline of approximately 3.9%[141]. Research and Development - Research and development expenses increased by 20% in the first half of 2021, reflecting the company's commitment to innovation[22]. - Research and development expenses amounted to approximately 49.66 million yuan, an increase of 39.44% compared to the previous year[59]. - Research and development expenses for the first half of 2021 amounted to ¥49,658,896.51, compared to ¥35,612,464.65 in the first half of 2020, indicating a rise of approximately 39.4%[148]. Market Strategy and Expansion - The company plans to expand its market presence by entering two new provinces in the second half of 2021[22]. - The company focuses on the information security industry, specifically in the PKI (Public Key Infrastructure) field, providing comprehensive security solutions[30]. - The sales strategy involves direct engagement with end-users and system integrators to address the specific needs of clients in the information security domain[37]. - The company expanded its marketing efforts in various sectors, including government, defense, and finance, enhancing its presence in emerging business areas like zero trust and blockchain[53]. Risk and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in its reports[6]. - The company has no non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures for providing guarantees[7]. - The company has maintained a good integrity status with no violations reported during the reporting period[109]. Shareholder Information - The total number of shares increased from 193,101,694 to 231,722,033 after a capital reserve conversion[8]. - The total number of ordinary shareholders at the end of the reporting period was 20,817[127]. - The top ten shareholders held a total of 30,081,462 shares, representing 12.98% of the company[129]. - The largest shareholder, Kong Linggang, increased his holdings by 5,013,577 shares during the reporting period[129]. Corporate Governance - The company held its 2020 annual general meeting on May 13, 2021, where several key reports and proposals were approved[92]. - There were no changes in the company's board, supervisors, or senior management during the reporting period[93]. - The company did not propose any profit distribution or capital reserve transfer plans for the half-year period[93]. Environmental and Social Responsibility - The company emphasized its commitment to environmental protection, with no administrative penalties related to environmental issues during the reporting period[97]. Financial Management - The company approved the use of up to RMB 700 million of idle raised funds for cash management, with a rolling usage period of two years[85]. - The investment income generated from the redemption of wealth management products in the first half of 2021 was RMB 3,425,666.71[87]. - The company reported a financial asset fair value change gain of CNY 1,191,404.39 for the first half of 2021, compared to a gain of CNY 573,792.08 in the same period of 2020[153]. Industry Outlook - The cybersecurity industry is experiencing increasing demand for products due to frequent security incidents and rising risks in information transmission, identity authentication, and data storage[40]. - The Chinese government aims for the cybersecurity industry to exceed 250 billion yuan by 2023, with key sectors like telecommunications expected to allocate 10% of their budgets to cybersecurity[41]. - Market competition is intensifying as more large IT and internet companies enter the information security sector, posing risks to the company's market share[80].

Dividend and Share Capital - The company plans to distribute a cash dividend of 1.20 RMB per 10 shares, totaling approximately 23.17 million RMB, based on a total share count of 193,101,694 shares as of the end of 2020[5]. - The company intends to increase its share capital by 2 shares for every 10 shares held, resulting in an additional 38,620,339 shares, raising the total share count to 231,722,033 shares[5]. - The company successfully completed a private placement of 20,901,134 A-shares at a price of 30.85 RMB per share, increasing the total share capital from 172,200,560 shares to 193,101,694 shares[10]. - The company’s total registered capital increased to 19,310.1694 million RMB after the fourth extraordinary general meeting of shareholders in 2020[11]. - The total number of shares for which dividends were declared in 2020 was 23,172,203.28, an increase from 21,828,240.00 in 2019[131]. - The company has committed to not transferring or entrusting shares held by major shareholders for 36 months post-IPO, ensuring stability in shareholding[133]. - The company has a cash dividend policy that mandates a minimum of 20% of distributable profits to be distributed as cash dividends if there are no major capital expenditures[126]. Financial Performance - The company achieved operating revenue of CNY 444.81 million in 2020, representing a year-on-year increase of 20.04%[27]. - The net profit attributable to shareholders of the listed company was CNY 57.08 million, a decrease of 18.55% compared to the previous year[27]. - The cash flow from operating activities increased significantly to CNY 145.98 million, up 77.29% from the previous year[27]. - Total assets reached CNY 1.62 billion at the end of 2020, an increase of 89.93% compared to the end of 2019[27]. - The company's net assets attributable to shareholders increased by 100.26% to CNY 1.33 billion at the end of 2020[27]. - The basic earnings per share decreased by 21.95% to CNY 0.32 in 2020[29]. - The company reported a total profit of CNY 63.99 million in 2020, a decrease of 19.22% from the previous year[36]. - Operating costs increased by 30.01% to CNY 199.65 million, primarily due to business growth and rising costs[72]. Research and Development - R&D expenses amounted to approximately 76.90 million yuan, representing a 25.88% increase compared to 2019[65]. - The company launched multiple new products, including a next-generation identity management platform and a zero-trust security gateway[65]. - The company established two new R&D centers in Beijing and Chengdu, enhancing overall technical capabilities[66]. - The total number of R&D personnel was 525, representing 71.92% of the company's total workforce[85]. Market and Industry Trends - The company focuses on the information security industry, particularly in the PKI field, providing comprehensive security solutions[36]. - The company has seen a 17.1% growth in the cybersecurity industry in China, reaching a market size of CNY 156.36 billion in 2019, with expectations to reach CNY 170.2 billion in 2020[50]. - The cybersecurity industry in China is driven by policy support, demand expansion, and application upgrades, entering a rapid growth phase[48]. - The demand for cloud security solutions is increasing, driven by the migration of infrastructure to cloud environments and new regulatory requirements[103]. Corporate Governance and Compliance - The company emphasizes the importance of compliance and security in response to increasing cybersecurity threats and regulatory requirements[48]. - The company is focusing on enhancing corporate governance and compliance with regulatory requirements[69]. - The company has established a commitment from its actual controllers to avoid any business activities that may compete with the company, ensuring no direct or indirect competition[137]. Shareholder and Ownership Structure - The largest shareholder, Kong Lingang, holds 25,067,885 shares, representing 12.98% of the total shares[200]. - The second-largest shareholder, Lu Haitan, holds 17,307,329 shares, accounting for 8.96% of the total shares[200]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest three shareholders holding a combined total of 46.71%[200]. - The company has not reported any shares under pledge or freeze conditions for its major shareholders[200]. Future Outlook and Strategy - The company aims to achieve a revenue target of 570 million RMB for 2021[115]. - The company plans to launch new integrated password service platforms and data security protection platforms to meet emerging market demands[109]. - The company is actively exploring the application of new technologies such as big data and artificial intelligence in the cybersecurity field to enhance overall defense capabilities[48]. - The company is transitioning from a product provider to a comprehensive security solution provider to meet evolving customer demands[105]. Financial Products and Investments - The company reported a total of 84,829,000 RMB in bank wealth management products, with an outstanding balance of 74,167,000 RMB and no overdue amounts[160]. - The company has engaged in daily related party transactions, with the execution status of 2019's transactions disclosed in a temporary announcement[156]. - The company has committed to a poverty alleviation project with an investment of 30 million, helping 96 impoverished individuals[174].

2021 年第一季度报告 公司代码：603232 公司简称：格尔软件 格尔软件股份有限公司 2021 年第一季度报告 1 / 22 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 4 | | 三、 | 重要事项 7 | | 四、 | 附录 10 | 2021 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 3 / 22 1.1 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人孔令钢、主管会计工作负责人顾峰及会计机构负责人（会计主管人员）邹瑛保证 季度报告中财务报表的真实、准确、完整。 2021 年第一季度报告 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | 项目 | 本期金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益 | 11,024.60 | | | 计入当期损益的政府补助，但与 | ...

Financial Performance - Operating revenue for the first nine months reached CNY 175,827,200.77, a 16.07% increase year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 33,739,792.36, compared to a loss of CNY 5,509,297.70 in the same period last year[7] - The weighted average return on net assets decreased by 3.99 percentage points to -4.77%[7] - Basic and diluted earnings per share were both CNY -0.19, compared to CNY -0.03 in the same period last year[7] - Total operating revenue for Q3 2020 reached ¥64,139,607.88, a 54.3% increase compared to ¥41,567,645.82 in Q3 2019[27] - The total profit for Q3 2020 was a loss of ¥5,183,952.68, compared to a profit of ¥1,051,783.48 in Q3 2019[32] - The total profit for the first three quarters of 2020 was a loss of ¥34,910,576.98, an improvement from a loss of ¥4,508,170.51 in the same period of 2019[28] Assets and Liabilities - Total assets increased by 74.27% to CNY 1,490,298,988.38 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 87.13% to CNY 1,242,045,208.92 compared to the end of the previous year[7] - Cash and cash equivalents increased by 250.34% to ¥344,695,570.13 compared to the end of the previous year[14] - Total liabilities decreased significantly, with accounts payable to employees dropping to zero due to salary payments[14] - Non-current liabilities rose to ¥3,948,736.29 from ¥1,801,934.75, marking an increase of about 119%[22] - Current liabilities totaled ¥243,492,966.19, up from ¥188,741,717.25, reflecting a growth of approximately 29%[21] Cash Flow - The net cash flow from financing activities was ¥615,401,149.45, primarily due to a private placement of A-shares[16] - The net cash flow from investing activities decreased by 765.05% to -¥328,756,744.87, due to cash outflows for financial products[16] - Cash inflow from operating activities for the first three quarters of 2020 was ¥302,838,002.48, compared to ¥196,303,560.73 in the same period of 2019, representing a 54.1% increase[34] - The company reported a net cash flow from operating activities of -6,126,653.57 RMB for the first nine months of 2020, compared to -683,900.82 RMB in the same period last year[37] Shareholder Information - The total number of shareholders reached 11,732 by the end of the reporting period[11] - The largest shareholder, Kong Linggang, holds 12.98% of the shares, while the second-largest shareholder, Lu Haitian, holds 8.96%[11] Research and Development - R&D expenses grew by 50.93% to ¥57,103,749.27, reflecting increased investment in research and development[16] - R&D expenses surged to ¥21,491,284.62 in Q3 2020, a significant increase of 178.5% from ¥7,731,145.98 in Q3 2019[27] - Research and development expenses increased to ¥10,340,920.61 in Q3 2020, up from ¥7,060,139.25 in Q3 2019, reflecting a 46.5% rise[31] Government Subsidies - The company received government subsidies amounting to CNY 5,284,364.68 for the first nine months[8] - Deferred income increased by 181.99% to ¥3,259,545.27, mainly due to government subsidies[16] Investment Activities - The company raised a total of ¥644,799,983.90 from the issuance of 20,901,134 A-shares at ¥30.85 per share[17] - Total cash outflow from investment activities for the first nine months was 605,472,092.71 RMB, significantly higher than 231,290,600.00 RMB in the previous year, indicating increased investment activity[37]

Financial Performance - The company reported a total revenue of 121,268,000 RMB for the first half of 2020, reflecting a year-on-year increase of 15%[20]. - The company achieved operating revenue of 111,687,592.89 RMB in the first half of 2020, representing a 1.61% increase compared to the same period last year[21]. - The net profit attributable to shareholders was -34,904,057.73 RMB, a decrease of 553.72% year-on-year[21]. - The basic earnings per share were -0.20 RMB, reflecting a 600.00% decline compared to 0.04 RMB in the previous year[22]. - The weighted average return on equity decreased by 6.69 percentage points to -5.46%[22]. - The company's net assets attributable to shareholders decreased by 8.79% to 605,381,985.69 RMB compared to the end of the previous year[21]. - The total assets decreased by 5.98% to 804,019,037.85 RMB compared to the end of the previous year[21]. - The company achieved operating revenue of 111.69 million yuan in the first half of 2020, representing a year-on-year growth of 1.61%[51]. - The net profit attributable to shareholders of the listed company was -34.90 million yuan, a decrease of 553.72% compared to the same period last year[51]. Share Capital and Ownership - The total number of shares increased from 121,268,000 to 172,200,560 after a capital reserve conversion, representing a 42% increase in total share capital[8]. - The company’s stock is listed on the Shanghai Stock Exchange under the code 603232, maintaining its market presence without any changes in stock type[19]. - The actual controllers of the company, Kong Linggang and Lu Haitian, collectively control 34.44% of the shares[126]. - Kong Linggang increased his shareholding by 7,414,445 shares, bringing his total to 25,067,885 shares, representing 14.56% of the company[131]. - Lu Haitian increased his shareholding by 5,140,769 shares, bringing his total to 17,307,329 shares, representing 10.05% of the company[131]. - The top four shareholders hold a combined total of 61.10% of the shares, indicating significant ownership concentration[126]. Compliance and Governance - The company has not disclosed any non-operating fund occupation by controlling shareholders or related parties, indicating a stable financial governance structure[7]. - The company has not faced any violations regarding decision-making procedures for external guarantees, reflecting a strong compliance culture[7]. - The company has committed to ensuring the accuracy and completeness of its financial reports, with key executives affirming the integrity of the data presented[5]. - The company has established a clear framework for handling violations of share transfer commitments[87]. - The company committed to strictly adhere to all laws and regulations regarding corporate governance and will not interfere in management activities[94]. Research and Development - The company invested approximately 35.61 million yuan in research and development during the reporting period, focusing on enhancing technological innovation capabilities[51]. - The company has a strong talent pool, with a team of experienced professionals leading its research and development efforts in the PKI field[44]. - The company developed new products including next-generation security authentication gateways and privileged account management systems for the Zero Trust solution[53]. - Research and development expenses increased to approximately ¥35.61 million, up 18.30% from the previous year[60]. Risks and Challenges - The company has outlined potential risks in its operations, which are detailed in the fourth section of the report, emphasizing the importance of risk awareness for investors[7]. - The company faces risks related to technology development and product upgrades, as insufficient investment in these areas could weaken its core competitiveness and future growth potential[70]. - The company acknowledges the potential for intensified competition from both existing players and new entrants in the information security market, which could lead to a decline in market share[72]. - The company has noted that its financial performance may not be accurately reflected in quarterly reports due to the inherent seasonality of its sales[69]. Cash Flow and Financial Management - The net cash flow from operating activities was approximately -¥54.26 million, a decline of 101.46% year-on-year[60]. - The company’s cash flow from investment activities increased by 20.92% to approximately ¥50.14 million[60]. - The company’s cash and cash equivalents increased by 47.96% to approximately ¥71.01 million due to the purchase of financial products[61]. - The company’s operational cash flow is expected to be concentrated in the fourth quarter, impacting the overall profit distribution throughout the year[68]. - The company’s cash flow management strategies are focused on maintaining liquidity while navigating through market challenges[159]. Corporate Social Responsibility - The company has signed agreements for poverty alleviation projects in collaboration with local governments[105]. - The company invested a total of RMB 30 million in poverty alleviation projects during the reporting period[108]. - The company continues to support targeted poverty alleviation efforts in Fengqing County, Yunnan Province, as part of its corporate social responsibility[110]. - The company plans to invest RMB 100,000 in the Guo Dazhai Village project for planting 159 acres of grass fruit and constructing a 39 cubic meter water pool[109]. Environmental Commitment - The company emphasizes its commitment to environmental protection and has implemented waste classification initiatives[111].

Financial Performance - Net profit attributable to shareholders was CNY -27,135,809.24, a significant decline from CNY -1,842,141.83 in the same period last year[7] - Operating revenue fell by 14.22% to CNY 50,167,175.37, down from CNY 58,484,785.12 year-on-year[7] - The company reported a basic earnings per share of CNY -0.22, compared to CNY -0.02 in the previous year[7] - Total revenue for Q1 2020 was ¥50,167,175.37, a decrease of 14.3% compared to ¥58,484,785.12 in Q1 2019[32] - Net loss for Q1 2020 was ¥27,139,580.49, compared to a net loss of ¥1,929,527.72 in Q1 2019, representing a significant decline[33] - The company reported an operating loss of ¥28,164,867.81 for Q1 2020, compared to an operating loss of ¥3,929,703.61 in Q1 2019[32] - The total comprehensive loss for Q1 2020 was ¥27,563,924.34, compared to a loss of ¥1,929,527.72 in Q1 2019[33] Cash Flow - The net cash flow from operating activities was CNY -63,676,576.84, compared to CNY -25,442,432.63 in the previous year, indicating increased cash outflow[7] - Operating cash flow net amount decreased by 38.23 million yuan compared to the same period last year, primarily due to increased cash payments for goods purchased and services received[16] - The total cash outflow from operating activities was ¥117,013,800.13 in Q1 2020, up from ¥83,723,381.04 in Q1 2019, reflecting a rise of 39.7%[39] - The cash outflow for purchasing goods and services was ¥48,719,724.45 in Q1 2020, significantly higher than ¥29,047,511.44 in Q1 2019, marking a 67.7% increase[38] - The cash outflow for employee payments was ¥36,545,639.62 in Q1 2020, compared to ¥28,717,445.40 in Q1 2019, an increase of 27.4%[39] Assets and Liabilities - Total assets decreased by 4.60% to CNY 815,788,001.61 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 54.67% to CNY 44,599,279.32, primarily due to increased net cash outflow from operating activities[12] - Total equity decreased from ¥664,621,045.68 to ¥637,057,121.34, a decline of about 4.2%[26] - Current liabilities increased from ¥176,842,842.78 to ¥188,741,717.25, an increase of approximately 6.0%[25] - Total liabilities increased from ¥47,882,278.66 to ¥54,242,693.26, an increase of about 13.0%[30] Investment and Financing - Investment income decreased by 3.06 million yuan, down 60.74% year-on-year, mainly due to reduced investment income from joint ventures and associates[15] - The company plans to raise no more than 644.80 million yuan through a non-public offering of A-shares, with the number of shares not exceeding 24,253,600, accounting for no more than 20% of the total share capital before the offering[19] - The non-public offering was revised to raise no more than 644.80 million yuan, with the number of shares not exceeding 36,380,400, accounting for no more than 30% of the total share capital before the offering[20] Operational Metrics - Sales expenses increased by 4.79 million yuan, up 88.11% year-on-year, attributed to higher sales activity costs[15] - Research and development expenses rose to ¥16,811,287.90, an increase of 29.5% from ¥12,964,831.32 in Q1 2019[32] - The company recorded other comprehensive losses of ¥424,343.85 in Q1 2020, with no prior year comparison available[33] Shareholder Information - The number of shareholders reached 8,723, with the top ten shareholders holding a combined 60.56% of shares[9]