多伦科技股份有限公司 2020 年半年度报告 公司代码：603528 公司简称：多伦科技 多伦科技股份有限公司 2020 年半年度报告 1 / 150 多伦科技股份有限公司 2020 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人章安强、主管会计工作负责人李毅及会计机构负责人（会计主管人员）钟翠红声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 不适用 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中如有涉及未来计划、业绩预测等前瞻性描述，均不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅"第四节 经营情况的讨论与分析" /"三、 ...

[Important Notes](index=3&type=section&id=%E4%B8%80%E3%80%81%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) [Statement on the Authenticity and Completeness of the Report](index=3&type=section&id=1.1%20%E6%8A%A5%E5%91%8A%E7%9C%9F%E5%AE%9E%E6%80%A7%E4%B8%8E%E5%AE%8C%E6%95%B4%E6%80%A7%E5%A3%B0%E6%98%8E) The Board of Directors, Supervisory Committee, and senior management guarantee the authenticity, accuracy, and completeness of this quarterly report and assume legal responsibility - The Board of Directors, Supervisory Committee, directors, supervisors, and senior management guarantee the **authenticity, accuracy, and completeness** of the quarterly report's content, with no false records, misleading statements, or major omissions[8](index=8&type=chunk) - Company head Zhang Anqiang, chief accounting officer Li Yi, and head of the accounting department Zhong Cuihong guarantee the **authenticity, accuracy, and completeness** of the financial statements in the quarterly report[10](index=10&type=chunk) - The company's first-quarter report is **unaudited**[11](index=11&type=chunk) [Basic Company Information](index=3&type=section&id=%E4%BA%8C%E3%80%81%20%E5%85%AC%E5%8F%B8%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5) [Key Financial Data](index=3&type=section&id=2.1%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) In Q1 2020, the company's revenue and net profit declined significantly, leading to a negative ROE and a sharp drop in operating cash flow Key Financial Data Overview (Q1 2020 vs Q1 2019) | Indicator | From Beginning of Year to End of Reporting Period (Q1 2020) | From Beginning of Prior Year to End of Prior Year's Reporting Period (Q1 2019) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 34,556,804.57 | 161,394,504.15 | -78.59 | | Net Profit Attributable to Shareholders | -28,440,953.92 | 42,643,532.84 | -166.69 | | Net Cash Flow from Operating Activities | -58,893,390.32 | 1,334,397.91 | -4,513.48 | | Weighted Average Return on Equity (%) | -1.79 | 3.08 | Decrease of 4.87 percentage points | | Basic Earnings Per Share (RMB/Share) | -0.0454 | 0.0680 | -166.76 | Financial Position (End of Q1 2020 vs End of FY 2019) | Indicator | End of this Reporting Period (Q1 2020) | End of Prior Year (FY 2019) | Change from Prior Year-End (%) | | :--- | :--- | :--- | :--- | | Total Assets | 2,124,750,959.11 | 2,158,408,193.72 | -1.56 | | Net Assets Attributable to Shareholders | 1,571,980,324.45 | 1,599,560,009.49 | -1.72 | Non-recurring Profit and Loss Items (Q1 2020) | Item | Amount (RMB) | | :--- | :--- | | Gain/Loss on Disposal of Non-current Assets | 198,766.31 | | Government Grants Recognized in Current Profit or Loss | 2,052,656.54 | | Gain/Loss from Entrusted Investments or Asset Management | 2,330,495.09 | | Total | 3,794,504.65 | [Shareholder Information as of the End of the Reporting Period](index=5&type=section&id=2.2%20%E6%88%AA%E6%AD%A2%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%9A%84%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E3%80%81%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E3%80%81%E5%89%8D%E5%8D%81%E5%90%8D%E6%B5%81%E9%80%9A%E8%82%A1%E4%B8%9C%EF%BC%88%E6%88%96%E6%97%A0%E9%99%90%E5%94%AE%E6%9D%A1%E4%BB%B6%E8%82%A1%E4%B8%9C%EF%BC%89%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of Q1 2020 end, the company had 34,578 shareholders, with Nanjing Duolun Enterprise Management Co, Ltd being the largest shareholder at 62.65% - The total number of shareholders was **34,578**[16](index=16&type=chunk) Top Ten Shareholders (End of Q1 2020) | Shareholder Name | Shares Held at Period End | Shareholding Ratio (%) | | :--- | :--- | :--- | | Nanjing Duolun Enterprise Management Co, Ltd | 392,692,500 | 62.65 | | Nanjing Jinlun Investment Center (Limited Partnership) | 1,395,000 | 2.23 | | Nanjing Jialun Investment Center (Limited Partnership) | 1,395,000 | 2.23 | - Nanjing Jinlun Investment Center (Limited Partnership) and Nanjing Jialun Investment Center (Limited Partnership) are **parties acting in concert**, as their executive partner is Nanjing Duolun Enterprise Management Co, Ltd[18](index=18&type=chunk) [Preferred Shareholder Information as of the End of the Reporting Period](index=6&type=section&id=2.3%20%E6%88%AA%E6%AD%A2%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E3%80%81%E5%89%8D%E5%8D%81%E5%90%8D%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E3%80%81%E5%89%8D%E5%8D%81%E5%90%8D%E4%BC%98%E5%85%88%E8%82%A1%E6%97%A0%E9%99%90%E5%94%AE%E6%9D%A1%E4%BB%B6%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) The company had no preferred shareholders at the end of the reporting period - Information regarding preferred shareholders is **not applicable**[18](index=18&type=chunk) [Significant Events](index=6&type=section&id=%E4%B8%89%E3%80%81%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) [Significant Changes in Key Financial Statement Items and Indicators](index=6&type=section&id=3.1%20%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E9%87%8D%E5%A4%A7%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Significant fluctuations occurred in revenue, costs, and cash flows due to reduced project acceptances, decreased collections, and acquisition activities Significant Changes in Key Financial Indicators (Q1 2020) | Account | Current Period (RMB) | Prior Year Period (RMB) | Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 34,556,804.57 | 161,394,504.15 | -78.59 | Primarily due to fewer project acceptance reports obtained in the current period compared to the prior year | | Operating Costs | 19,214,553.46 | 68,939,410.07 | -72.13 | Primarily due to a decrease in accepted orders in the current period | | Net Cash Flow from Operating Activities | -58,893,390.32 | 1,334,397.91 | -4513.48 | Primarily due to a decrease in cash received from sales compared to the prior year | | Net Cash Flow from Investing Activities | -100,559,879.85 | -56,778,308.61 | -77.11 | Primarily due to an increase in expenditures for acquiring subsidiaries compared to the prior year | | Net Cash Flow from Financing Activities | 2,100,726.88 | -875,008.06 | -340.08 | Primarily due to an increase in capital contributions from minority shareholders compared to the prior year | Significant Changes in Assets and Liabilities (End of Q1 2020) | Balance Sheet Item | Current Period-End (RMB) | Prior Period-End (RMB) | Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | | Prepayments | 23,011,440.17 | 10,873,044.18 | 111.64 | Increase in advance payments for purchases compared to the prior year | | Intangible Assets | 109,782,345.06 | 78,264,511.10 | 40.27 | Arose from a business combination not under common control during the period | | Goodwill | 60,570,977.40 | - | - | Arose from a business combination not under common control during the period | | Long-term Deferred Expenses | 15,616,624.39 | 1,593,163.25 | 880.23 | Arose from a business combination not under common control during the period | | Other Non-current Assets | 3,586,721.23 | 38,586,721.23 | -90.70 | Settlement of prepaid equity investment款 in the current period | | Advances from Customers | - | 222,181,590.26 | -100.00 | Reclassified due to the adoption of new accounting standards | | Contract Liabilities | 232,137,325.95 | - | - | Reclassified due to the adoption of new accounting standards | | Deferred Tax Liabilities | 4,912,874.25 | 1,260,000.00 | 289.91 | Arose from a business combination not under common control during the period | | Minority Interest | 62,904,861.90 | 36,023,072.56 | 74.62 | Arose from a business combination not under common control during the period | [Progress of Significant Events and Analysis of Their Impact](index=7&type=section&id=3.2%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9%E8%BF%9B%E5%B1%95%E6%83%85%E5%86%B5%E5%8F%8A%E5%85%B6%E5%BD%B1%E5%93%8D%E5%92%8C%E8%A7%A3%E5%86%B3%E6%96%B9%E6%A1%88%E7%9A%84%E5%88%86%E6%9E%90%E8%AF%B4%E6%98%8E) There were no significant events with progress to report during this period - **Not applicable**[21](index=21&type=chunk) [Overdue Unfulfilled Commitments During the Reporting Period](index=7&type=section&id=3.3%20%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E8%B6%85%E6%9C%9F%E6%9C%AA%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E7%9A%84%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) The company had no overdue unfulfilled commitments during the reporting period - **Not applicable**[21](index=21&type=chunk) [Profit Warning for Cumulative Net Profit Until the Next Reporting Period](index=7&type=section&id=3.4%20%E9%A2%84%E6%B5%8B%E5%B9%B4%E5%88%9D%E8%87%B3%E4%B8%8B%E4%B8%80%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%9F%E6%9C%AB%E7%9A%84%E7%B4%AF%E8%AE%A1%E5%87%80%E5%88%A9%E6%B6%A6%E5%8F%AF%E8%83%BD%E4%B8%BA%E4%BA%8F%E6%8D%9F%E6%88%96%E8%80%85%E4%B8%8E%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%9B%B8%E6%AF%94%E5%8F%91%E7%94%9F%E9%87%8D%E5%A4%A7%E5%8F%98%E5%8A%A8%E7%9A%84%E8%AD%A6%E7%A4%BA%E5%8F%8A%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The company warns of significant uncertainty in future net profit due to the COVID-19 pandemic's impact on supply chains and project execution - The company's performance from the beginning of the year to the end of the next reporting period is subject to **significant uncertainty**[21](index=21&type=chunk) - The ongoing impact of the domestic and international pandemic may affect the company's delivery schedules, as well as the implementation and acceptance of downstream customer projects, thereby impacting **revenue recognition**[21](index=21&type=chunk) - The company is unable to make an accurate performance forecast and advises investors to be aware of **investment risks**[21](index=21&type=chunk) [Appendix](index=8&type=section&id=%E5%9B%9B%E3%80%81%20%E9%99%84%E5%BD%95) [Financial Statements](index=8&type=section&id=4.1%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section contains the unaudited Q1 2020 financial statements, including consolidated and parent company balance sheets, income statements, and cash flow statements - Includes the Consolidated Balance Sheet, Parent Company Balance Sheet, Consolidated Income Statement, Parent Company Income Statement, Consolidated Cash Flow Statement, and Parent Company Cash Flow Statement[25](index=25&type=chunk)[29](index=29&type=chunk)[36](index=36&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk)[44](index=44&type=chunk) - All financial statements are **unaudited**[36](index=36&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk)[44](index=44&type=chunk) [Adjustments to Opening Financial Statements upon First-time Adoption of New Standards in 2020](index=19&type=section&id=4.2%202020%20%E5%B9%B4%E8%B5%B7%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E6%96%B0%E6%94%B6%E5%85%A5%E5%87%86%E5%88%99%E3%80%81%E6%96%B0%E7%A7%9F%E8%B5%81%E5%87%86%E5%88%99%E8%B0%83%E6%95%B4%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E5%BD%93%E5%B9%B4%E5%B9%B4%E5%88%9D%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) The company adopted the new revenue standard in 2020, resulting in the reclassification of 'advances from customers' to 'contract liabilities' on the opening balance sheet - Upon first-time adoption of the new revenue standard, the company reclassified **RMB 222,181,590.26** from advances from customers to contract liabilities in its consolidated financial statements[46](index=46&type=chunk)[51](index=51&type=chunk) - Upon first-time adoption of the new revenue standard, the company reclassified **RMB 192,217,942.68** from advances from customers to contract liabilities in its parent company financial statements[53](index=53&type=chunk)[55](index=55&type=chunk) [Explanation of Retrospective Adjustments for Comparative Data](index=24&type=section&id=4.3%202020%20%E5%B9%B4%E8%B5%B7%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E6%96%B0%E6%94%B6%E5%85%A5%E5%87%86%E5%88%99%E3%80%81%E6%96%B0%E7%A7%9F%E8%B5%81%E5%87%86%E5%88%99%E8%BF%BD%E6%BA%AF%E8%B0%83%E6%95%B4%E5%89%8D%E6%9C%9F%E6%AF%94%E8%BE%83%E6%95%B0%E6%8D%AE%E7%9A%84%E8%AF%B4%E6%98%8E) The company did not retrospectively adjust comparative data for the adoption of new standards - **Not applicable**[56](index=56&type=chunk) [Audit Report](index=24&type=section&id=4.4%20%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) This quarterly report is unaudited and therefore does not include an audit report - **Not applicable**[56](index=56&type=chunk)

多伦科技股份有限公司 2019 年年度报告 公司代码：603528 公司简称：多伦科技 多伦科技股份有限公司 2019 年年度报告 1 / 172 多伦科技股份有限公司 2019 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 天衡会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人章安强、主管会计工作负责人李毅及会计机构负责人（会计主管人员）钟翠红声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 根据公司2020年4月8日召开的第三届董事会第二十四次会议审议通过的《关于公司2019年度 利润分配方案的议案》，拟以现有总股本626,779,500股为基数，向全体股东每10股派发现金股利 人民币0.80元（含税），共计50,142,360.00元。本次分配不进行资本公积转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中如有涉及未来 ...

多伦科技股份有限公司 2019 年第三季度报告 公司代码：603528 公司简称：多伦科技 多伦科技股份有限公司 2019 年第三季度报告 1 / 27 多伦科技股份有限公司 一、 重要提示 二、 公司基本情况. 三、 重要事项 四、 附录 2019 年第三季度报告 目录 2 / 27 多伦科技股份有限公司 2019 年第三季度报告 单位：元 币种：人民币 一、 重要提示 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 公司负责人章安强、主管会计工作负责人李毅及会计机构负责人（会计主管人员）钟翠红保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |------------------------------------------------|------------------------------|-------- ...

多伦科技股份有限公司 2019 年半年度报告 公司代码：603528 公司简称：多伦科技 多伦科技股份有限公司 2019 年半年度报告 1 / 131 多伦科技股份有限公司 2019 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人章安强、主管会计工作负责人李毅及会计机构负责人（会计主管人员）钟翠红声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 不适用 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中如有涉及未来计划、业绩预测等前瞻性描述，均不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅"经营情况的讨论与分析"-"关 于公司未来 ...

多伦科技股份有限公司 2019 年第一季度报告 公司代码：603528 公司简称：多伦科技 多伦科技股份有限公司 2019 年第一季度报告 1 / 24 多伦科技股份有限公司 一、 二、 11Í 四、 2019 年第一季度报告 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 24 多伦科技股份有限公司 2019 年第一季度报告 一、 重要提示 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 公司负责人章安强、主管会计工作负责人李毅及会计机构负责人（会计主管人员）钟翠红保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |--------------------------------------------- ...

多伦科技股份有限公司 2018 年年度报告 公司代码：603528 公司简称：多伦科技 多伦科技股份有限公司 2018 年年度报告 1 / 149 多伦科技股份有限公司 2018 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 天衡会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人章安强、主管会计工作负责人李毅及会计机构负责人（会计主管人员）钟翠红声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 根据公司2019年4月11日召开的第三届董事会第十五次会议审议通过的《关于公司2018年度利 润分配方案的议案》，拟以现有总股本626,895,000股为基数，向全体股东每10股派发现金股利人 民币0.66元（含税），共计41,375,070.00元。本次分配不进行资本公积转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中如有涉及未来 ...

Financial Performance - Net profit attributable to shareholders rose by 27.60% to CNY 107,261,868.78 year-on-year[5] - Operating revenue grew by 7.96% to CNY 416,844,513.15 for the first nine months[5] - Basic earnings per share increased by 27.58% to CNY 0.1730[5] - The company reported a net profit of CNY 97,937,014.63 after deducting non-recurring gains and losses, reflecting a 20.60% increase year-on-year[5] - Net profit for the first nine months of 2018 was ¥560,229,182.80, compared to ¥477,709,946.23 for the same period in 2017, indicating a growth of 17.3%[26] - The net profit for Q3 2018 reached CNY 30,935,250.52, compared to CNY 22,589,492.70 in the same period last year, indicating a year-over-year increase of about 37%[34] - Total profit for Q3 2018 was CNY 36,798,341.98, up from CNY 26,784,326.04 in Q3 2017, marking an increase of around 37.5%[34] - Total comprehensive income for the third quarter reached ¥30,935,250.52, compared to ¥22,589,492.70 in the same period last year, reflecting an increase of approximately 37.5%[35] Assets and Liabilities - Total assets increased by 0.74% to CNY 2,051,015,078.45 compared to the end of the previous year[5] - Total assets as of September 30, 2018, amounted to ¥2,031,571,803.27, slightly up from ¥2,021,135,000.78 at the beginning of the year[26] - Total liabilities decreased to ¥558,081,849.41 from ¥634,762,283.49 at the beginning of the year, a reduction of 12.0%[26] - Cash and cash equivalents decreased by 33.33% to ¥606,381,834.21 from ¥909,464,851.92, primarily due to idle funds being used for investment products[13] - Cash and cash equivalents decreased to ¥494,858,429.64 from ¥817,392,013.14 at the beginning of the year, a decline of 39.4%[24] - Total cash and cash equivalents at the end of the period were ¥597,612,931.95, down from ¥878,301,224.73 at the end of the previous year[40] Cash Flow - Net cash flow from operating activities decreased by 62.31% to CNY 39,453,094.09 compared to the same period last year[5] - Operating cash flow decreased by 62.31% to ¥39,453,094.09 from ¥104,677,365.35, mainly due to a reduction in sales receipts compared to the previous year[15] - Cash inflow from operating activities totaled ¥439,766,130.81, a decrease of 15.7% compared to ¥521,889,663.43 in the same period last year[37] - Cash outflow from operating activities was ¥400,313,036.72, slightly reduced from ¥417,212,298.08 year-over-year[38] - Net cash flow from investing activities was -¥333,591,286.30, significantly worse than -¥2,181,100.00 in the previous year, indicating increased investment expenditures[38] - Cash inflow from investment activities reached ¥567,257,714.90, a substantial increase from ¥143,910,053.38 year-over-year[38] - Cash flow from financing activities generated a net inflow of ¥10,029,500.00, compared to a net outflow of -¥103,340,000.00 in the previous year[38] Shareholder Information - The total number of shareholders reached 35,173 at the end of the reporting period[10] - The largest shareholder, Nanjing Duolun Enterprise Management Co., Ltd., holds 62.62% of the shares[10] Investments - Long-term equity investments rose by 192.59% to ¥50,425,508.82 from ¥17,234,074.33, primarily due to increased external investments[15] - The company reported a significant increase in investment income by 228.66% to ¥7,998,571.73 from ¥2,433,663.22, attributed to higher returns from investment products[15] - The company received ¥558,000,000.00 from other investment-related cash, a significant increase from ¥140,000,000.00 in the previous year[38] Expenses - Research and development expenses for Q3 2018 were CNY 8,080,923.91, a decrease from CNY 9,823,534.93 in Q3 2017, reflecting a reduction of approximately 17.7%[34] - The company's sales expenses for Q3 2018 were CNY 14,664,678.73, an increase from CNY 10,950,406.97 in Q3 2017, representing a growth of about 34.5%[34] - The management expenses for Q3 2018 were CNY 17,962,723.29, compared to CNY 13,239,727.57 in Q3 2017, indicating an increase of approximately 35.6%[34] - Financial expenses for Q3 2018 were reported as CNY -1,510,653.39, an improvement from CNY -2,381,285.74 in Q3 2017, indicating a reduction in financial costs[34] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27]

Financial Performance - The company's operating revenue for the first half of 2018 was approximately ¥279.86 million, representing a 5.40% increase compared to ¥265.52 million in the same period last year[16]. - The net profit attributable to shareholders for the first half of 2018 was approximately ¥76.56 million, which is a 16.32% increase from ¥65.82 million in the previous year[16]. - The basic earnings per share for the first half of 2018 was ¥0.1235, up 16.29% from ¥0.1062 in the same period last year[17]. - The diluted earnings per share for the first half of 2018 was ¥0.1230, reflecting a 15.82% increase from ¥0.1062 in the previous year[17]. - The company reported a significant increase in other current assets, which rose by 237.34% to CNY 342,638,248.38, attributed to increased investment in financial products[34]. - The total comprehensive income for the first half of 2018 was CNY 82,585,986.05, compared to CNY 75,239,733.07 in the previous year, indicating an increase of 9.8%[94]. Cash Flow and Investments - The net cash flow from operating activities improved significantly, with a net outflow of approximately ¥3.37 million, a 83.98% improvement compared to a net outflow of ¥21.04 million in the same period last year[16]. - The company’s cash and cash equivalents decreased by 30.15% to 635.23 million yuan, primarily due to idle funds being used for investments[24]. - The net cash flow from financing activities was 10,029,500.00 RMB, recovering from -103,340,000.00 RMB in the previous period[98]. - The company received 378,000,000.00 RMB from other investment-related cash inflows, a significant increase from 140,000,000.00 RMB in the prior period[100]. Assets and Liabilities - The company's total assets at the end of the reporting period were approximately ¥2.02 billion, a slight decrease of 0.91% from ¥2.04 billion at the end of the previous year[16]. - The total liabilities decreased to CNY 556,787,827.31 from CNY 634,762,283.49, representing a reduction of approximately 12.2%[87]. - The total equity at the end of the reporting period was CNY 1,422,702,206.40, showing an increase from the previous period's CNY 1,365,605,073.47[105]. Research and Development - R&D expenses amounted to 25.77 million yuan, representing 9.21% of total operating revenue[28]. - The company received 9 new patent authorizations and 12 software copyrights during the reporting period, with 27 patents currently under application[28]. - The company is actively expanding into smart traffic projects, with successful implementations in various regions including Kunshan and Kunming[28]. Shareholder and Corporate Governance - The company has conducted shareholder meetings to approve key resolutions, including stock incentive plans, indicating ongoing corporate governance efforts[45]. - The company has a lock-up period of 36 months for shares held by major shareholders, during which they cannot transfer or manage these shares[50]. - Major shareholders have disclosed their equity interests in other companies and confirmed no competition with the company[50]. Risks and Challenges - The company faces risks in the future market development of its driving test business due to potential decreases in the number of new drivers caused by local car purchase restrictions[40]. - The company is facing internal management risks due to the complexity of managing an expanding workforce and new product lines[42]. - The company has experienced rapid growth in profitability due to changes in electronic testing regulations by the Ministry of Public Security, but future stability is uncertain[40]. Accounting and Financial Reporting - The company adheres to the enterprise accounting standards, ensuring the financial statements reflect true and complete information[117]. - The company assesses the carrying amount of financial assets for impairment at the end of the reporting period, recognizing impairment losses when objective evidence indicates a decline in value[132]. - The company recognizes sales revenue for driving simulation and training systems upon installation and customer acceptance, with specific products including driving exam systems and intelligent traffic products[165].

Financial Performance - Net profit attributable to shareholders of the listed company reached CNY 37,715,301.03, an increase of 89.48% year-on-year[5] - Operating revenue for the period was CNY 138,589,168.10, reflecting a growth of 19.42% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was CNY 35,341,709.89, an increase of 89.95% year-on-year[5] - Basic earnings per share were CNY 0.0608, up 89.41% from CNY 0.0321 in the same period last year[5] - Net profit for Q1 2018 reached CNY 37,573,586.27, representing a 92.3% increase from CNY 19,548,599.34 in Q1 2017[27] - Earnings per share for Q1 2018 was CNY 0.0608, compared to CNY 0.0321 in the previous year, marking an increase of 89.0%[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,015,490,429.19, a decrease of 1.01% compared to the end of the previous year[5] - Total assets as of the end of Q1 2018 were CNY 1,999,908,579.09, slightly down from CNY 2,021,135,000.78 at the end of the previous period[24] - Total liabilities decreased to CNY 574,090,259.99 from CNY 634,762,283.49, a reduction of 9.6%[24] - Owner's equity increased to CNY 1,425,818,319.10, up from CNY 1,386,372,717.29, reflecting a growth of 2.8%[24] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of CNY 15,605,232.57, a 76.04% reduction in outflow compared to the previous year[5] - The company’s cash flow from operating activities remains strong, supporting ongoing investments and operational stability[25] - Cash inflow from operating activities totaled ¥132,175,768.04, up from ¥106,818,751.44, reflecting a growth of approximately 23.5%[33] - The net cash flow from operating activities was -¥15,605,232.57, an improvement from -¥65,134,834.80 in the previous year, showing a reduction in losses of about 76.0%[33] - The net cash flow from investing activities worsened by 3108.50% to -¥295,941,663.49 from -¥9,223,666.30, primarily due to idle funds being used for investment products[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,315[11] - The largest shareholder, Nanjing Duolun Enterprise Management Co., Ltd., held 392,692,500 shares, accounting for 63.33% of the total shares[11] Other Financial Metrics - The weighted average return on net assets increased by 1.28 percentage points to 2.73%[5] - The company reported a non-recurring gain of CNY 2,373,591.14 for the period[9] - Cash and cash equivalents decreased by 34.41% to ¥596,503,107.86 from ¥909,464,851.92 due to idle funds being used for investment products[14] - Prepayments increased by 53.92% to ¥16,925,437.63 from ¥10,996,192.26, primarily due to an increase in advance payments for materials[14] - Other current assets surged by 273.50% to ¥379,365,813.35 from ¥101,571,842.64, mainly due to an increase in investment products[14] - Accounts payable decreased by 30.30% to ¥14,526,602.00 from ¥20,841,450.00, attributed to a reduction in bank acceptance bills[14] - Employee compensation payable decreased by 32.29% to ¥23,353,004.57 from ¥34,487,773.39, mainly due to a reduction in unpaid employee salaries[14] - Tax payable increased by 64.60% to ¥13,216,476.85 from ¥8,029,229.08, primarily due to an increase in unpaid income tax[16] - Minority interests increased by 136.21% to ¥8,251,753.94 from ¥3,493,468.70, mainly due to an increase in minority shareholders' capital[16] - Investment income rose by 54.39% to ¥1,555,806.13 from ¥1,007,715.75, primarily due to increased returns from financial products[16] - The company reported an asset impairment loss of CNY 11,813,384.31, which increased from CNY 6,885,548.39 in the previous year[27] - Other income for Q1 2018 was CNY 7,318,341.30, compared to CNY 6,324,931.71 in the same period last year, indicating a growth of 15.7%[27] Investment Activities - Cash outflow from investment activities was ¥448,016,755.56, significantly higher than ¥11,572,237.00 in the previous year, indicating a substantial increase in investment spending[33] - The company received cash from other investment activities amounting to ¥150,000,000.00, which was not reported in the previous year[36] - The total cash inflow from financing activities was ¥4,900,000.00, with no financing activities reported in the previous year[34] - The company reported a net decrease in cash and cash equivalents of -¥306,646,896.06, compared to -¥74,358,501.10 in the previous year, indicating a significant decline in liquidity[34]