Financial Performance - Revenue for the reporting period reached CNY 234,253,117.64, a growth of 33.46% year-on-year[6] - Net profit attributable to shareholders increased by 27.19% to CNY 20,848,873.11 compared to the same period last year[6] - Basic and diluted earnings per share both increased by 3.57% to CNY 0.29[6] - The company reported non-recurring gains of CNY 351,683.21 for the period[9] - Operating profit for Q1 2018 reached CNY 28,149,659.03, representing a 25.0% increase from CNY 22,396,979.33 in Q1 2017[25] - The company reported a net profit of CNY 21,916,892.67 for Q1 2018, compared to CNY 17,313,854.55 in Q1 2017, indicating a growth of 26.7%[25] - The net profit for Q1 2018 was CNY 22,771,639.89, up 23.5% from CNY 18,478,911.67 in Q1 2017[30] - The total comprehensive income for Q1 2018 was CNY 22,771,639.89, compared to CNY 18,478,911.67 in Q1 2017, reflecting a growth of 23.5%[30] Assets and Liabilities - Total assets increased by 39.37% to CNY 1,129,453,391.33 compared to the end of the previous year[6] - Total assets rose by 39.37% to ¥1,129,453,391.33 from ¥810,404,394.24, primarily due to the funds from the initial public offering[14] - Total liabilities at the end of Q1 2018 were CNY 423,147,036.86, a decrease of 6.6% from CNY 453,148,803.35 at the start of the year[24] - The company's equity attributable to shareholders increased by 108.93% to ¥592,057,611.91 from ¥283,374,124.11, reflecting the impact of the initial public offering[15] - Shareholders' equity totaled CNY 602,609,230.70 as of March 31, 2018, up 106.1% from CNY 292,354,659.33 at the beginning of the year[24] Cash Flow - Operating cash flow showed a significant decline of 128.45%, resulting in a net cash flow of -CNY 4,360,016.47[6] - The cash flow from operating activities showed a net outflow of CNY -4,360,016.47, compared to a net inflow of CNY 15,326,028.50 in the same period last year[32] - The net cash flow from operating activities for Q1 2018 was 1,179,844.38 RMB, a significant improvement compared to a net outflow of 13,505,527.42 RMB in the same period last year[35] - The company raised 301,043,279.01 RMB from financing activities, with a net cash flow of 285,386,669.12 RMB after accounting for outflows[35] - The cash flow from financing activities was positively impacted by a significant increase in cash received from investments, totaling 301,193,279.01 RMB[33] Operating Costs and Expenses - Operating costs increased by 36.58% to ¥179,391,166.70 from ¥131,344,773.74, also due to business scale growth[15] - Total operating costs for Q1 2018 were CNY 206,103,458.61, up 34.6% from CNY 153,124,286.47 year-over-year[25] - Operating costs rose to CNY 139,257,304.71, compared to CNY 111,226,341.28 in the previous year, indicating a 25.2% increase[29] - The company incurred a tax expense of CNY 7,590,546.63, which is an increase from CNY 6,159,637.22 in the same quarter last year[30] - The company reported a decrease in selling expenses to CNY 2,018,296.89 from CNY 3,192,850.48 in the previous year, indicating a reduction of 37.0%[29] Shareholder Information - The total number of shareholders reached 15,712 at the end of the reporting period[11] - The largest shareholder, Zhejiang Nandu Real Estate Service Co., Ltd., holds 34.36% of the shares[11] Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company plans to expand its market presence and invest in new technology developments to enhance service offerings in the upcoming quarters[25]

Financial Performance - The company's operating revenue for 2017 was CNY 819,523,428.66, representing a 41.85% increase compared to CNY 577,745,318.77 in 2016 [21]. - Net profit attributable to shareholders for 2017 was CNY 74,832,415.45, an increase of 18.85% from CNY 62,964,778.66 in 2016 [21]. - The net cash flow from operating activities increased by 177.57% to CNY 175,690,458.69 from CNY 63,296,465.37 in the previous year [21]. - Total assets grew by 41.44% to CNY 810,404,394.24 in 2017 from CNY 572,973,104.53 in 2016 [21]. - Basic earnings per share for 2017 were CNY 1.26, an increase of 11.50% compared to CNY 1.13 in 2016 [22]. - The weighted average return on equity decreased by 9.35 percentage points to 29.58% in 2017 from 38.93% in 2016 [22]. - The company achieved an operating revenue of 819.5234 million yuan, a year-on-year increase of 41.85% [55]. - The net profit reached 75.3667 million yuan, representing a year-on-year growth of 19.70% [55]. Dividend Distribution - The proposed profit distribution plan for 2017 includes a cash dividend of 3.00 RMB per 10 shares, totaling 23,809,524.00 RMB, which accounts for 31.82% of the net profit attributable to the parent company [5]. - The company plans to distribute cash dividends of 4.7040 RMB per 10 shares for the 2016 fiscal year, totaling approximately 28 million RMB, which is 37.42% of the net profit attributable to the parent company [93]. - For the 2017 fiscal year, the proposed cash dividend is 3.00 RMB per 10 shares, amounting to approximately 23.81 million RMB, representing 31.82% of the net profit attributable to the parent company [94]. - The company has a policy to distribute at least 10% of the annual distributable profit as cash dividends, with a cumulative distribution of no less than 30% of the average annual distributable profit over the last three years [92]. - The board of directors will propose annual dividend distribution plans based on the company's operating data and future funding needs [93]. Company Operations and Strategy - The company increased its market development efforts, leading to a rise in property management service projects and contributing to revenue growth [23]. - The company acquired Cailin Property, which positively impacted its revenue and cash flow [23]. - The company is the first property service enterprise listed on A-shares in China, aiming to create a century-long excellent service enterprise and enhance property value for owners [31]. - The company is expanding its service offerings through subsidiaries like Yuedu Technology and Dayue Assets, focusing on personalized services for residents [32]. - The company is actively exploring new technologies to improve service efficiency, including the implementation of community O2O business models [37]. - The company is committed to enhancing its brand image through community engagement and social responsibility initiatives [35]. - The company aims to expand its business scale and improve profit margins by leveraging its technical and team advantages in property services [82]. Market and Industry Trends - The projected market size for basic property management in China is expected to reach approximately 1.2 trillion yuan by 2022 [36]. - The property management industry is experiencing a shift towards modern service models, with a projected market size of CNY 1.2 trillion over the next five years [80]. - The managed area of residential properties is expected to reach 195.7 billion square meters in 2017, with a projected growth to 228.6 billion square meters by 2020 [80]. - The market share of the top 100 property service companies increased from 16.28% in 2013 to 29.44% in 2016, indicating a trend towards consolidation in the industry [38]. Governance and Compliance - The company received a standard unqualified audit report from Tianjian Accounting Firm [4]. - The board of directors and senior management confirm the accuracy and completeness of the annual report [8]. - The company has maintained a transparent governance structure and actively promotes internal control systems to ensure a safe investment environment for shareholders [117]. - The company has implemented a governance structure compliant with relevant laws and regulations, ensuring effective operation and investor protection [152]. - The company has not disclosed any significant internal control deficiencies during the reporting period [161]. Risks and Challenges - The company emphasizes the presence of potential risks in its forward-looking statements, urging investors to be cautious [6]. - The company faces market risks due to intense competition and the need to enhance brand influence in a fragmented industry [88]. - The company is exposed to financial risks related to the collection of property service fees, which may impact its operations [88]. Employee and Management Information - The total number of employees in the parent company and major subsidiaries is 5,900, with 3,691 in the parent company and 2,209 in subsidiaries [147]. - The company has established a comprehensive training plan to enhance management levels and core talent reserves, focusing on project management and operational skills [149]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 7.1896 million yuan [144]. - The company has a diverse management team with extensive experience in various sectors, including real estate and finance [138]. Financial Position - Cash and cash equivalents at the end of the period amounted to CNY 479.19 million, representing 59.13% of total assets, up 79.42% from the previous period [71]. - The total assets amounted to CNY 810.40 million, up from CNY 572.97 million, indicating a growth of about 41.5% [177]. - The company's retained earnings grew to CNY 117,003,549.02, compared to CNY 70,889,405.93, reflecting a 65% increase [182]. - The total equity attributable to shareholders of the parent company at the end of the year was ¥284,564,316.70, compared to ¥236,541,708.85 at the end of the previous year, reflecting an increase of approximately 20.3% [194].