Financial Statements and Reporting - The company guarantees the authenticity, accuracy, and completeness of the annual report's financial statements[1] - The financial statements are signed and stamped by the company's legal representative and accounting personnel[6] - The company is listed on the Shanghai Stock Exchange under the stock code 603613[14] - The accounting firm engaged by the company is Lixin Certified Public Accountants[14] - The report indicates that the company has not disclosed any major accounting data and financial indicators for the past three years[17] - The financial data is reported in RMB (Chinese Yuan)[18] Revenue and Profit - The company's total revenue for the reporting period reached 71,411,123.85, with a significant increase of 47,204,373.87 compared to the previous period[19] - The company reported a net profit of 27,123,651.55, reflecting a growth of 9,269,825.06 year-over-year[19] - In 2022, the company achieved total revenue of RMB 40.269 billion, with RMB 39.692 billion recognized under the gross method and RMB 5.77 billion under the net method[43] - The company reported a net profit attributable to shareholders of RMB 442.94 million in Q4 2022, showing a significant increase compared to RMB 155.14 million in Q1 2022[42] - The company reported a revenue increase of 15% year-over-year, reaching 1.5 billion RMB in 2022[62] - The company provided a revenue guidance of 1.8 billion RMB for the next fiscal year, indicating a projected growth of 20%[62] Business Development and Strategy - The company has successfully optimized the Guolian Resource Network, enhancing its comprehensive service capabilities and member retention[22] - The company is actively promoting the integration of B2B vertical e-commerce platforms with digital supply chain solutions, aiming to enhance industrial internet applications[27] - The company has established a self-operated e-commerce platform, focusing on various industrial supply chains, including coatings, chemicals, and agricultural products[30] - The company has launched a cloud ERP and digital factory services as part of its SaaS offerings, driving digital transformation in the involved industries[30] - The company is focusing on expanding its user base and enhancing customer retention rates through various strategies, including upstream core suppliers and downstream group purchasing[48] - The company aims to enhance its digital supply chain capabilities, including smart logistics and digital warehousing, to improve operational efficiency and competitiveness[48] - The company is actively pursuing digital transformation services for enterprises and industries, leveraging its digital factory initiatives[48] - The company is focusing on improving its ERP system to streamline operations and reduce costs by 10% in the next fiscal year[60] Market and Competitive Position - The B2B e-commerce market in China grew to RMB 31.4 trillion in 2022, a year-on-year increase of 7.86% from RMB 29.11 trillion in 2021[50] - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[63] - The company is actively involved in mergers and acquisitions to enhance its competitive position in the industry[96] - The company ranked second in the "2022 Top 100 Industrial Internet" list published by Toby Network, highlighting its strong market position[174] Research and Development - Investment in technology R&D increased by 30%, totaling 300 million RMB in 2022[62] - The company has developed and obtained approval for 47 patents and 827 copyrights, enhancing the convenience, security, and stability of its platform services[85] - The company has 325 R&D personnel, accounting for 27.17% of the total workforce, with a significant portion (216) under the age of 30[149] - The total R&D investment for the period amounted to ¥160,490,490.74, representing 0.40% of operating revenue[162] - Research and development expenses increased due to heightened investment in R&D[106] Financial Performance and Cash Flow - Total assets reached CNY 1,283,207.94 million, an increase of 34.67% year-on-year[101] - Net assets attributable to shareholders amounted to CNY 540,901.48 million, growing by 25.01% due to increased net profit[101] - Operating revenue for the year was CNY 4,026,897.49 million, reflecting an 8.16% year-on-year growth[101] - Net cash flow from operating activities was CNY 137,115.70 million, a significant increase of 405.54%[102] - The increase in cash flow was attributed to improved bargaining power and faster transaction turnover[102] - The net cash flow from operating activities increased by 405.54% to ¥1,371,157,029.23 compared to the same period last year[164] Customer Engagement and Marketing - The company has expanded its marketing team to enhance customer engagement and service delivery across its e-commerce platforms[32] - The company is leveraging offline promotional activities to develop regional e-commerce alliances and acquire customer resources[36] - The company’s business model combines online and offline sales strategies to enhance customer engagement and platform growth[58] - The management team emphasized the importance of customer resource advantages, which have been pivotal in maintaining a competitive edge[65] Technology Integration and Innovation - The company is focusing on integrating new technologies such as cloud computing, IoT, big data, artificial intelligence, and blockchain into its manufacturing processes[85] - The company is committed to integrating digital technology with traditional industries to enhance overall productivity and economic growth[197] - The company has introduced AI technology to improve the effectiveness of information recommendation algorithms and customer service[191] - The strategic focus on reducing costs and increasing efficiency through digital technology is a key objective for the company moving forward[189] Shareholder and Management Information - The total number of shares held by directors and senior management increased from 118,503,470 at the beginning of the year to 173,824,425 at the end of the year, representing a change of 55,320,955 shares[91] - The total pre-tax remuneration received by directors and senior management during the reporting period amounted to 1,635.58 million yuan[91] - Liu Quan, the chairman, increased his shareholding from 58,339,119 to 85,517,244, an increase of 27,178,125 shares[88] - Qian Xiaojun, the general manager, increased his shareholding from 58,938,331 to 86,361,547, an increase of 27,423,216 shares[88] Government Recognition and Support - The company has been recognized by the Ministry of Industry and Information Technology for its contributions to industrial e-commerce and digital transformation initiatives[28] - The company has been recognized as a "demonstration enterprise for supply chain innovation and application" by multiple government departments, enhancing its strategic opportunities in supply chain and digital technology integration[183] - The digital economy is identified as a new engine for growth, with policies supporting the integration of B2B e-commerce platforms into supply chain resources[180]

证券代码：603613 证券简称：国联股份 公告编号：2023-033 北京国联视讯信息技术股份有限公司 关于召开 2022 年度暨 2023 年第一季度 业绩说明会的公告 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： 会议召开时间：2023 年 05 月 11 日(星期四)上午 10:00-11:30 会议召开地点：上海证券交易所上证路演中心 网址：http://roadshow.sseinfo.com/ 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 05 月 04 日(星期四)至 05 月 10 日(星期三)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过北京国联视讯信息技术 股份有限公司（以下简称"公司"或"国联股份"）邮箱 dongmiban@ueiibi.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 公司已于 2023 年 4 月 28 日发布 2022 年度报告及 2023 年第一季度报告， 为便于广大投资者更全面深入地了解 ...

Financial Performance - The company's operating revenue for Q3 2022 reached ¥18,391,859,486.77, representing a year-on-year increase of 94.81%[4] - The net profit attributable to shareholders for the same period was ¥255,474,245.31, up 108.38% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥236,501,743.78, reflecting a 122.67% increase year-on-year[4] - The basic earnings per share for the period was ¥0.51, an increase of 41.67% compared to the same quarter last year[4] - The company reported a year-to-date increase of 101.57% in net profit attributable to shareholders compared to the same period last year[10] - The company's operating profit for the current period is approximately ¥1,082.17 million, compared to ¥552.48 million in the previous period, representing an increase of 96%[31] - Net profit for the current period is approximately ¥823.59 million, up from ¥416.68 million in the previous period, indicating a growth of 97.6%[31] - The total comprehensive income for the current period is approximately ¥823.58 million, compared to ¥416.68 million in the previous period, representing a growth of 97.6%[34] Revenue Breakdown - The total revenue from online commodity trading is approximately ¥46.17 billion, with a cost of ¥44.90 billion[17] - The total revenue from commercial information services is approximately ¥68.51 million, with a cost of ¥16.29 million[17] - The total revenue from internet technology services is approximately ¥49.04 million, with a cost of ¥2.86 million[17] - The total revenue from the East China region is approximately ¥19.08 billion, with a cost of ¥18.52 billion[18] - The total revenue from the Central China region is approximately ¥8.89 billion, with a cost of ¥8.59 billion[18] - The total revenue from the North China region is approximately ¥6.48 billion, with a cost of ¥6.29 billion[18] - The total revenue from the South China region is approximately ¥8.58 billion, with a cost of ¥8.34 billion[18] - Total operating revenue for the first three quarters of 2022 reached ¥46,286,454,683.78, a significant increase from ¥23,474,953,161.17 in the same period of 2021[28] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥12,967,836,317.38, a 36.09% increase from the end of the previous year[7] - The total assets as of the reporting date amounted to ¥12,967,836,317.38, up from ¥9,528,820,345.50 in the previous year[25] - Current assets totaled ¥12,318,981,763.90, an increase from ¥9,242,802,036.82 year-over-year[25] - The company's total liabilities reached ¥7,601,710,723.20, compared to ¥4,926,604,353.52 in the previous year, reflecting a significant increase in debt[25] - The total equity attributable to shareholders was ¥4,952,214,279.53, up from ¥4,327,032,203.81 in the previous year[26] Cash Flow and Investments - The cash flow from operating activities for the year-to-date period increased by 32.73% to ¥872,378,718.82[4] - The cash flow from operating activities netted approximately ¥872.38 million, compared to ¥657.28 million in the previous period, indicating an increase of 32.7%[36] - The net cash flow from investing activities was -88,286,304.97, compared to -801,387,753.53 in the previous period, indicating an improvement[39] - Total cash inflow from financing activities amounted to 1,253,014,100.00, up from 958,200,000.00 in the prior period[39] - The net cash flow from financing activities was 23,779,040.49, compared to 347,779,927.26 in the previous period, showing a significant decrease[39] - Cash inflow from investment activities totaled 2,733,054,475.00, compared to 1,200,682,464.09 in the previous period[39] - Cash outflow from investment activities was 2,821,340,779.97, up from 2,002,070,217.62 in the prior period[39] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,812[12] - The largest shareholder, Qian Xiaojun, holds 86,153,647 shares, representing 17.28% of total shares[12] - The second largest shareholder, Liu Quan, holds 85,309,339 shares, representing 17.11% of total shares[12] Cost and Expenses - Total operating costs for the first three quarters of 2022 were ¥45,285,942,127.10, compared to ¥22,950,403,764.70 in 2021, indicating a substantial rise in expenses[28] - Research and development expenses increased to approximately ¥89.55 million from ¥44.11 million, marking a rise of 102.5%[31] - The company's financial expenses, including interest expenses, rose to approximately ¥32.86 million from ¥16.63 million, an increase of 97.5%[31] Credit and Impairment - The company recorded a net loss from credit impairment of approximately ¥6.57 million, compared to a loss of ¥11.98 million in the previous period, showing an improvement of 45.5%[31]

Financial Performance - The company reported a revenue of RMB 1.5 billion for the first half of 2022, representing a year-over-year increase of 25%[30]. - The company's operating revenue for the first half of 2022 reached ¥27,894,595,197.01, representing a 98.76% increase compared to ¥14,034,261,614.07 in the same period last year[38]. - The net profit attributable to shareholders was ¥427,376,994.53, up 97.70% from ¥216,170,273.16 year-on-year[38]. - The net cash flow from operating activities was ¥738,663,417.72, an increase of 38.54% compared to ¥533,184,263.39 in the previous year[38]. - The basic earnings per share for the first half of 2022 was ¥0.86, doubling from ¥0.43 in the same period last year[38]. - The weighted average return on net assets increased to 9.43%, up 3.87 percentage points from 5.56% in the previous year[41]. - The company's operating costs increased to ¥27,053,361,925.95, a rise of 99.44% from ¥13,564,449,920.31 year-on-year[85]. - The company's net profit for the first half of 2022 was ¥516,022,428.24, up from ¥262,155,397.26 in the same period of 2021, indicating a growth of approximately 96.9%[196]. Shareholder Structure - The company has not disclosed any significant changes in shareholder structure or share capital during the reporting period[11]. - The total number of shares increased from 343,900,282 to 498,655,409 after a capital reserve conversion, with a distribution of cash dividends amounting to RMB 58,119,147.66[162]. - Major shareholders include Qian Xiaojun and Liu Quan, holding 17.28% and 17.11% of shares respectively, with Qian increasing holdings by 27,215,316 shares and Liu by 26,970,220 shares during the reporting period[166]. - The top ten unrestricted shareholders hold a total of 14,853,422 shares, with the largest being Hong Kong Central Clearing Limited[168]. - The overall shareholder structure shows a concentration of ownership among a few key individuals, which may influence corporate governance and strategic decisions[166]. Risk Management - The company faces various risks, which are detailed in the "Management Discussion and Analysis" section of the report[11]. - The report includes a forward-looking statement risk declaration, indicating that future plans and strategies do not constitute a commitment to investors[10]. - The company acknowledges potential risks from internet system stability, which could disrupt operations and impact market image[104]. - The company is exposed to risks from price fluctuations in its main products, which could affect profitability despite strategies to mitigate these impacts[112]. - The company faces risks related to the economic environment affecting small and medium-sized enterprises, which are crucial for its B2B platform's growth[100]. Strategic Initiatives - The company expects a revenue growth of 20% for the second half of 2022, driven by new product launches and market expansion strategies[30]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[30]. - A strategic acquisition of a local e-commerce platform is expected to enhance the company's logistics capabilities and customer reach[30]. - The company is actively pursuing strategic investments and partnerships to drive innovation and market expansion[173]. - The company aims to develop an industrial internet application platform based on vertical industry chain connectivity, enhancing its operational efficiency and market reach[64]. Research and Development - Investment in R&D for new technologies increased by 30%, focusing on cloud ERP and industrial internet solutions[30]. - Research and development expenses surged by 126.22% to ¥43,140,163.76, up from ¥19,069,871.89 in the previous year[85]. - The company has developed a robust technical team and established partnerships with educational institutions to foster talent in emerging technologies like cloud computing and AI[75]. - The company has been actively promoting the integration of new technologies such as IoT, big data, AI, and blockchain with the manufacturing industry to enhance core competitiveness[81]. Environmental Commitment - The company is committed to reducing carbon emissions and has integrated energy management into its daily operations[130]. - The company is advancing green low-carbon technology research and application to promote sustainable development[132]. - The company has established an energy management leadership group to oversee energy conservation efforts[127]. - The company is actively responding to the national "dual carbon" strategy by reducing greenhouse gas emissions[130]. Marketing and Customer Engagement - The company utilizes online marketing strategies, including search engine marketing and APP marketing, to attract potential customers and convert them into registered users on its platforms[52]. - The company aims to extend its sales through deep supplier engagement and horizontal promotion along the customer value chain, thereby stabilizing customer sources and reducing transaction costs[53]. - The company actively promotes its services through offline events and industry conferences to develop customer resources and convert them into paying members[52]. - The company has established regional marketing centers across East, South, Southwest, Central, North, and Northeast China to enhance customer development and support transactions[48].

Financial Performance - The company's operating revenue for Q1 2022 reached ¥12,137,927,945.28, representing a year-on-year increase of 99.76%[5] - Net profit attributable to shareholders was ¥155,144,879.59, reflecting a growth of 98.85% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥144,985,171.23, an increase of 90.24% year-on-year[5] - The basic earnings per share (EPS) was ¥0.45, which is a 36.36% increase from the previous year[5] - Net profit for Q1 2022 was ¥188,363,975.86, up from ¥94,722,666.15 in Q1 2021, indicating a growth of approximately 98.8%[32] - The company reported a total comprehensive income of ¥188,363,231.11 for Q1 2022, compared to ¥94,722,599.85 in Q1 2021, reflecting an increase of approximately 98.8%[32] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥10,354,482,520.81, up 8.66% from the end of the previous year[5] - The company's total liabilities amounted to ¥5,565,508,297.70, compared to ¥4,926,604,353.52 in the previous year, showing an increase of about 13.0%[28] - The total equity attributable to shareholders reached ¥4,482,087,367.58, up from ¥4,327,032,203.81, marking an increase of approximately 3.6%[28] - The total assets reached ¥10,354,482,520.81, compared to ¥9,528,820,345.50 in the previous year[23] - Total current assets as of March 31, 2022, amounted to ¥10,052,530,099.09, an increase from ¥9,242,802,036.82 in the previous year[23] Cash Flow - The cash flow from operating activities was ¥110,887,463.85, showing a growth of 7.33%[5] - Cash inflow from operating activities totaled CNY 14,079,057,808.55 in Q1 2022, compared to CNY 6,957,518,758.72 in Q1 2021, indicating a significant growth of 102.03%[34] - Net cash flow from operating activities was CNY 110,887,463.85, slightly up from CNY 103,310,040.06 in the previous year[34] - Cash outflow for purchasing goods and services was CNY 13,605,637,031.89, compared to CNY 6,677,132,564.09 in Q1 2021, reflecting an increase of 103.88%[34] - The company reported a net decrease in cash and cash equivalents of CNY 146,537,234.92 for Q1 2022, compared to a larger decrease of CNY 543,769,683.82 in Q1 2021[36] - The ending balance of cash and cash equivalents was CNY 1,792,137,322.89, up from CNY 1,370,561,382.47 in the previous year[36] Shareholder Information - Total number of common shareholders at the end of the reporting period was 12,423[15] - The largest shareholder, Qian Xiaojun, holds 58,938,331 shares, representing 17.14% of total shares[15] - The second-largest shareholder, Liu Quan, holds 58,339,119 shares, representing 16.96% of total shares[15] Research and Development - The company reported a significant increase in research and development expenses by 168.76% due to increased investment in R&D[11] - Research and development expenses for Q1 2022 were ¥22,519,374.63, significantly higher than ¥8,379,136.78 in Q1 2021, representing an increase of about 169.5%[28] Operating Costs - The company experienced a 100.39% increase in operating costs, primarily due to the rise in procurement costs associated with online product transactions[11] - Total operating costs for Q1 2022 were ¥11,886,956,231.90, compared to ¥5,947,546,775.50 in Q1 2021, reflecting an increase of about 99.5%[28] Tax and Other Income - The company received government subsidies and tax refunds, leading to a substantial increase in other income by 4178.61%[11] - The company’s tax expenses for Q1 2022 were ¥62,701,862.94, compared to ¥31,434,366.20 in Q1 2021, reflecting an increase of approximately 99.9%[32] Financial Assets - Cash and cash equivalents were reported at ¥3,800,245,863.72, up from ¥3,697,367,654.03 year-over-year[19] - Trading financial assets increased to ¥1,530,000,000.00 from ¥1,391,500,000.00 year-over-year[19] - Accounts receivable stood at ¥339,784,938.24, slightly up from ¥338,846,259.26 in the previous year[23]

Profit Distribution and Capital Structure - The profit distribution plan for 2021 includes a cash dividend of 1.69 CNY per 10 shares, totaling 58,119,147.66 CNY (tax included) to all shareholders[7]. - The capital reserve will be converted to share capital at a ratio of 4.5 shares for every 10 shares held, increasing the total share capital from 343,900,282 shares to 498,655,409 shares[7]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[6]. - There are no non-operating fund occupations by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for external guarantees[7]. - The board of directors and supervisory board members confirm the authenticity, accuracy, and completeness of the annual report[6]. - All board members attended the board meeting where the report was approved[6]. - The report is set to be submitted for approval at the 2021 annual general meeting[7]. Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2021, representing a year-over-year growth of 15%[21]. - The company's operating revenue for 2021 reached ¥37.23 billion, a 116.98% increase compared to ¥17.16 billion in 2020[29]. - Net profit attributable to shareholders was ¥578.41 million, up 89.97% from ¥304.48 million in the previous year[29]. - Basic earnings per share for 2021 were ¥1.68, a 73.20% increase from ¥0.97 in 2020[29]. - The company reported a total profit of 47,204,373.87 RMB, an increase from 37,027,939.90 RMB in the previous period, representing a growth of approximately 27.5%[35]. User Growth and Market Expansion - User data indicates an increase in active users by 25% year-over-year, reaching 5 million active users by the end of 2021[21]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[21]. - Duoduo E-commerce's registered user count reached 493,800 in 2021, a 54.55% increase from 319,500 in 2020[48]. - The number of trading users for Duoduo E-commerce grew by 63.44% year-over-year, reaching 134,580 in 2021 compared to 82,340 in 2020[48]. Research and Development - Investment in R&D increased by 40% in 2021, focusing on digital supply chain solutions and cloud services[21]. - The company employed 312 R&D personnel, making up 30.62% of the total workforce, with a significant portion under 30 years old[112]. - Research and development expenses rose by 128.10% to ¥66,644,679.66, indicating a significant increase in investment in R&D[93]. Strategic Initiatives - The company completed a strategic acquisition of a local tech firm, enhancing its capabilities in e-commerce technology[21]. - The company plans to launch a new B2B platform aimed at the agricultural sector in Q3 2022[21]. - A partnership with a leading logistics provider is expected to reduce delivery times by 15% across all regions[21]. Risk Management - The company recognizes risks associated with macroeconomic cycles that may impact the growth of its B2B information service platform, particularly concerning small and medium-sized enterprises[153]. - The company faces policy risks due to potential changes in internet industry regulations, which could adversely affect its business operations[154]. - Internet system risks exist, including infrastructure failures and potential cyber attacks, which could disrupt the company's services and operations[155]. Governance and Management - The company established a board of directors with 4 independent directors, ensuring that independent directors account for at least one-third of the board[170]. - The company’s board secretary plays a crucial role in organizing shareholder meetings, managing investor relations, and coordinating with regulatory bodies[170]. - The supervisory board consists of 3 members, with strict adherence to legal regulations to protect the rights of the company and its shareholders[171]. Future Outlook - The company has outlined potential risks in the "Management Discussion and Analysis" section of the report[7]. - The report includes a forward-looking statement risk declaration, indicating that future plans and strategies do not constitute a commitment to investors[7]. - The company provided a future outlook with a revenue guidance of 1.8 billion RMB for the next quarter, indicating a 10% growth[188].

2021 年第三季度报告 单位：元 币种：人民币 证券代码：603613 证券简称：国联股份 北京国联视讯信息技术股份有限公司 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。 公司负责人刘泉、主管会计工作负责人钱晓钧及会计机构负责人（会计主管人员）田涛保证 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 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|--------------------------------------|-------------------|---------------- ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2021, representing a year-over-year increase of 15%[22]. - The company's operating revenue for the first half of the year reached ¥14,034,261,614.07, representing a 141.65% increase compared to the same period last year[31]. - Net profit attributable to shareholders was ¥216,170,273.16, a 90.06% increase year-over-year[31]. - The net profit after deducting non-recurring gains and losses was ¥200,188,955.23, reflecting a 93.02% increase compared to the previous year[31]. - The company's total revenue reached approximately 116.97 billion RMB, with a net profit of around 52.64 billion RMB, indicating a strong financial performance[157]. - The company's basic and diluted earnings per share for the first half of 2021 were both CNY 0.63, up from CNY 0.56 in the same period of 2020[194]. - The total profit for the first half of 2021 was CNY 347,307,365.89, compared to CNY 173,784,534.70 in the same period of 2020, marking an increase of about 99.9%[194]. Research and Development - Investment in R&D for new technologies increased by 30%, focusing on enhancing digital services and e-commerce platforms[22]. - Research and development expenses increased to ¥19,069,871.89 in the first half of 2021, up from ¥8,806,259.24 in the same period of 2020, marking an increase of approximately 116.0%[187]. - Research and development expenses for the first half of 2021 amounted to CNY 5,257,130.17, a substantial rise from CNY 1,288,679.26 in the previous year, reflecting an increase of approximately 308.5%[196]. Market Expansion and Strategy - The company expects a revenue growth of 20% for the second half of 2021, driven by new product launches and market expansion strategies[22]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[22]. - A strategic acquisition of a local competitor is anticipated to be finalized by Q4 2021, expected to enhance market capabilities[22]. - The company is focused on developing new products and technologies to enhance its competitive edge in the market[162]. - The company has outlined a strategy for potential mergers and acquisitions to drive growth and market expansion[162]. Risk Management - The company faces various risks, which are detailed in the "Management Discussion and Analysis" section of the report[10]. - The report includes a forward-looking statement risk declaration, indicating that future plans and strategies do not constitute a commitment to investors[9]. - The company faces risks related to the macroeconomic cycle, particularly affecting small and medium-sized enterprises (SMEs) that are the majority of its registered paying members[81]. - The company is exposed to policy risks in the internet industry, which could adversely affect its business operations if future regulations change[82]. - Internet system risks, including potential network failures and cyberattacks, pose a threat to the company's ability to provide stable services[83]. Corporate Governance - The board of directors confirmed that all members attended the board meeting, ensuring the accuracy and completeness of the semi-annual report[7]. - The semi-annual report for 2021 has not been audited, but management has declared the financial report to be true and complete[7]. - The company has not violated decision-making procedures for providing guarantees[10]. - The company has committed to long-term shareholding restrictions for major shareholders, ensuring stability[110]. - The company confirms that all commitments made regarding shareholding and competition are independently enforceable and will remain valid during the controlling period[119]. Shareholder Information - The company reported a total of 13,320 shareholders by the end of the reporting period, reflecting a stable shareholder base[159]. - Major shareholder Qian Xiaojun increased holdings by 18,291,206 shares, holding a total of 58,938,331 shares, representing 17.14% of the total shares[160]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding over 17%[160]. - The company has a strong liquidity position, with no pledged or frozen shares reported among the top shareholders[160]. Environmental and Social Responsibility - The company has not faced any environmental penalties or violations during the reporting period[100]. - The company has maintained strict adherence to environmental protection laws and regulations[100]. - The company has committed 20 million yuan in special funds for rural revitalization projects in Yingshan County, Sichuan Province[103]. - The company is actively involved in government projects aimed at promoting e-commerce in rural areas[102].

Financial Performance - The company's operating revenue for 2020 was approximately RMB 17.16 billion, a 138.38% increase compared to RMB 7.20 billion in 2019 [29]. - The net profit attributable to shareholders for 2020 was approximately RMB 304.48 million, reflecting a 91.57% increase from RMB 158.94 million in 2019 [29]. - The net cash flow from operating activities for 2020 was approximately RMB 776.74 million, a 104.55% increase compared to RMB 379.72 million in 2019 [29]. - The total assets at the end of 2020 were approximately RMB 6.72 billion, a 201.75% increase from RMB 2.23 billion at the end of 2019 [29]. - The net assets attributable to shareholders at the end of 2020 were approximately RMB 3.78 billion, a 250.17% increase from RMB 1.08 billion at the end of 2019 [29]. - The basic earnings per share for 2020 were RMB 1.47, a 61.54% increase from RMB 0.91 in 2019 [30]. - The diluted earnings per share for 2020 were also RMB 1.47, maintaining the same growth rate of 61.54% compared to 2019 [30]. - The weighted average return on equity for 2020 was 21.38%, a decrease of 0.83 percentage points from 22.21% in 2019 [30]. - The company reported a quarterly revenue of RMB 7.13 billion in Q4 2020, contributing significantly to the annual growth [32]. - The net profit attributable to shareholders in Q4 2020 was approximately RMB 125.69 million, indicating strong performance in the last quarter of the year [32]. Dividend and Capital Plans - The profit distribution plan for 2020 includes a cash dividend of 1.32 CNY per 10 shares, totaling 31,306,784.26 CNY (including tax) to all shareholders [10]. - The company plans to increase its capital stock by 4.5 shares for every 10 shares held, using capital reserves for the stock dividend distribution [10]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants [9]. - The board of directors and supervisory board members have confirmed the accuracy and completeness of the annual report, with no significant omissions or misleading statements [7]. - There are no non-operating fund occupations by controlling shareholders or related parties reported [11]. - The company has not violated decision-making procedures for external guarantees [11]. - The financial report has been declared accurate and complete by the responsible persons of the company [9]. Risk Management - The company has outlined potential risks in the "Discussion and Analysis of Operating Conditions" section of the report [11]. - The company’s future plans and development strategies are subject to investment risks and do not constitute a commitment to investors [11]. - The company recognizes potential risks from macroeconomic cycles affecting small and medium-sized enterprises, which are crucial for its B2B information service platform's performance [194]. - The company faces policy risks related to potential changes in internet industry regulations that could impact its business operations [195]. Business Operations and Strategy - The company operates a B2B e-commerce and industrial internet platform, focusing on online transactions and commercial information services for industrial products and raw materials [37]. - The main business segments include self-operated e-commerce, third-party e-commerce, SaaS services, and commercial information services, targeting various industries such as chemicals, paper, and agriculture [38]. - The marketing model combines online and offline sales, leveraging platforms like Guolian Resource Network for information services and multiple e-commerce sites for product transactions [42]. - The company has established regional marketing centers across South China, East China, Southwest China, Central China, and Northeast China to enhance customer development and service [44]. - The online customer acquisition strategy includes various digital marketing tactics such as search engine marketing and social media promotions to drive traffic to the e-commerce platforms [44]. - The company aims to provide digital solutions and cloud application services through its technology platform, Guolian Cloud, enhancing the digital transformation of industries [39]. - The company is actively developing a vertical industrial internet application platform, leveraging its B2B e-commerce strengths and industry experience [68]. - The company’s future strategy revolves around the core principles of "platform, technology, and data" to enhance traditional industries and promote rapid business growth [177]. Customer and Market Growth - The number of customers for Duoduo e-commerce increased to 8,234, a growth of 139.71% compared to the previous year [52]. - The average transaction value per Duoduo customer was CNY 207.13 thousand, showing a slight increase of 0.80% year-on-year [52]. - The number of customers for Guolian Resource Network rose to 9,425, marking a growth of 15.14% year-on-year [52]. - The company reported a significant increase in customer numbers due to the pandemic, particularly for Duoduo e-commerce, which experienced rapid growth [55]. - The company’s online commodity trading business has become the main revenue source, accounting for 99.40% of total revenue [59]. Research and Development - The company has established a mature technology team and developed several application technologies and software copyrights [77]. - The company focuses on integrating new technologies such as cloud computing and big data into its manufacturing services [77]. - Research and development expenses rose to ¥29,217,856.89, marking a 68.99% increase compared to the previous year [90]. - The company has increased its investment in research and development, with development expenditures rising by 188.1% to ¥18,610,337.44 [139]. - The company has 199 R&D personnel, making up 24.69% of the total workforce [137]. Supply Chain and Procurement - The company aims to enhance its supply chain management services through the integration of online transactions and various supply chain processes [65]. - The company has established strategic agreements with suppliers to enhance collaboration and drive long-term growth [152]. - The company’s procurement framework agreements are based on historical transaction data and market supply-demand conditions [156]. - The total procurement cost for the hygiene products industry was approximately CNY 2.14 billion, representing 12.94% of total costs, with a year-on-year increase of 13.7% [115]. - The online product trading segment saw a procurement cost of CNY 16.54 billion, which constituted 99.86% of total costs, reflecting a significant year-on-year increase of 146.82% [115]. Future Outlook - The company expects continued rapid growth in new platforms and product categories, indicating that gross margins may not see significant improvement in the short term [113]. - The company plans to enhance gross margin through improved bargaining power and exploring new business models, such as cloud factories and capacity management [113]. - The company is committed to advancing smart logistics, digital warehousing, and industrial internet services to build a digital ecosystem for the real economy [179]. - The B2B vertical e-commerce platforms are expected to drive rapid development in industrial e-commerce, enhancing supply chain efficiency and reducing costs [172].

Financial Performance - Operating revenue for the year-to-date was CNY 6,076,157,657.73, an increase of 155.16% year-on-year[11] - Net profit attributable to shareholders was CNY 78,019,914.22, reflecting a year-on-year increase of 91.57%[11] - Net cash flow from operating activities was CNY 103,310,040.06, up 160.93% compared to the same period last year[11] - The net profit after deducting non-recurring gains and losses was CNY 76,212,633.36, an increase of 116.25% year-on-year[11] - Basic earnings per share increased by 13.79% to CNY 0.33[11] - The company's net profit for Q1 2021 reached RMB 7,390,429.91, up 136.5% from RMB 3,123,050.09 in Q1 2020[48] - The company's total comprehensive income for Q1 2021 was ¥94,722,599.85, compared to ¥47,099,008.90 in Q1 2020, reflecting a growth of about 101.5%[43] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,419,723,648.82, a decrease of 4.54% compared to the end of the previous year[11] - Total liabilities decreased to CNY 2,402,926,566.97 from CNY 2,814,247,315.14, a reduction of 14.6%[31] - The company's total assets as of March 31, 2021, were CNY 6,419,723,648.82, down from CNY 6,724,821,897.03, indicating a decrease of 4.5%[31] - The total amount of contract liabilities rose by 36.05% to ¥725,811,366.91, attributed to the rapid growth in transactions on the company's e-commerce platform[19] - The total liabilities increased to ¥237,263,479.66 in Q1 2021 from ¥233,653,272.46 in Q1 2020, marking a rise of approximately 2.6%[38] Cash Flow - The net cash flow from operating activities improved to ¥103,310,040.06, a 160.93% increase from ¥39,593,356.43, showcasing enhanced cash collection from sales[21] - The cash inflow from operating activities totaled RMB 6,957,518,758.72, compared to RMB 2,663,659,086.95 in Q1 2020, marking an increase of 161.5%[50] - The net cash flow from operating activities was 291,686.93 RMB, a significant improvement compared to -27,180,212.11 RMB in the same quarter last year[55] - The total cash inflow from investment activities reached 1,429,482,353.48 RMB, compared to 332,558,091.77 RMB in the previous year, indicating a substantial increase[55] Investments and Expenses - Research and development expenses increased by 150.98% to ¥8,379,136.78, indicating a stronger focus on innovation and product development[21] - The company's long-term equity investments surged by 216.07% to ¥13,952,106.08, reflecting increased external investments during the reporting period[19] - The company’s income tax expenses increased by 134.00% to ¥31,434,366.20, driven by higher profits during the reporting period[21] - The company's financial expenses turned positive with a net income of -¥4,707,840.12, a significant improvement from the previous year's expenses of ¥3,492,560.23[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,097[14] - The company reported a total equity of CNY 4,016,797,081.85, up from CNY 3,910,574,581.89, an increase of 2.7%[31] - The company's total equity reached ¥3,910,574,581.89, including ¥619,646,982.62 in undistributed profits[63] - The total equity attributable to shareholders was ¥3,779,953,947.89, showcasing a robust shareholder base[63] Future Outlook - The company has indicated plans for market expansion and new product development in the upcoming quarters[27] - The company is focusing on enhancing its technology capabilities and exploring potential mergers and acquisitions to drive growth[27]