Financial Performance - The company's operating revenue for the first half of 2017 was ¥237,632,740.92, representing a 24.54% increase compared to the same period last year [16]. - The net profit attributable to shareholders for the same period was ¥56,369,093.63, reflecting a 47.60% year-over-year growth [16]. - The basic earnings per share rose to ¥0.28, a 16.67% increase from the previous year [17]. - The company achieved operating revenue of approximately CNY 238 million in the first half of 2017, representing a year-on-year growth of 24.54% [35]. - The net profit attributable to shareholders was approximately CNY 56 million, an increase of 47.6% compared to the same period last year [35]. - Operating profit for the first half of 2017 was ¥69,387,342.01, up from ¥44,946,505.01, reflecting a growth of 54.4% [94]. - Net profit attributable to the parent company for the first half of 2017 was ¥56,369,093.63, compared to ¥38,191,107.33, marking a year-on-year increase of 47.6% [96]. Assets and Liabilities - The company's total assets increased by 25.58% to ¥1,480,964,867.09 at the end of the reporting period [16]. - Total assets reached approximately CNY 1.48 billion, up 25.58% year-on-year, while net assets attributable to shareholders increased by 101.41% to approximately CNY 837 million [35]. - The total liabilities decreased to CNY 644,022,284.08 from CNY 763,777,817.86, reflecting a reduction of approximately 16% [89]. - The company's equity attributable to shareholders increased significantly to CNY 836,942,583.01 from CNY 415,544,481.95, marking a growth of about 101% [89]. - The company's total assets amounted to CNY 1,480,964,867.09, an increase from CNY 1,179,322,299.81 at the beginning of the period [89]. Cash Flow - The net cash flow from operating activities decreased by 47.62% to ¥39,000,608.09 compared to the previous year [16]. - Cash flow from operating activities generated a net amount of CNY 39,000,608.09, down from CNY 74,462,889.66 in the same period last year, reflecting a decrease of approximately 47.6% [102]. - The company's cash and cash equivalents increased significantly, indicating improved liquidity and financial flexibility [107]. - The total cash and cash equivalents at the end of the period amounted to CNY 393,681,749.51, significantly up from CNY 155,861,903.72 at the end of the previous period, marking an increase of about 152.5% [103]. Investments and Projects - The company plans to invest approximately CNY 335 million in a new big data operation service platform project in Hangzhou and approximately CNY 547 million in the HB33 project in Zhangjiakou [37]. - The company reported a significant increase in construction in progress, which rose by 53.90% to ¥124,653,523.76, mainly due to investments in the Zhangbei 2A-2 data center project [25]. - The company signed a cooperation agreement with Alibaba for the Zhangbei Xiaoruitai Phase I Data Center project, with a total service fee estimated at 1.275 billion over ten years [68]. Risks and Challenges - The report includes a detailed description of risks faced by the company in future developments [4]. - The company faces risks related to high customer concentration, primarily relying on major telecom operators and internet companies [49]. - The company operates 12 data centers, with a significant concentration in Shanghai and Hangzhou, posing a risk if market expansion is not achieved [50]. - The company may face operational impacts if it fails to be re-certified as a high-tech enterprise in 2017 and beyond, or if there are changes to the national tax incentives for high-tech enterprises [51]. Corporate Governance and Compliance - The company has not violated decision-making procedures for external guarantees [4]. - The report is not audited, and the management assumes legal responsibility for its content [2]. - There are no significant lawsuits or arbitration matters during the reporting period [57]. - The company and its controlling shareholders have not failed to fulfill any court judgments or have any significant debts that are overdue [58]. Related Party Transactions - The total amount of related party transactions during the reporting period was CNY 18,138,736.31, accounting for 53.89% of the total business indicators [60]. - The company has a total of CNY 5,666,598.34 in related party debts, which is considered to have a low impact on operational stability [64]. - The company has entered into long-term lease agreements with related parties for data center properties, with rental prices based on market rates [61]. - The company has no significant impact from related party transactions on its business independence and pricing is deemed fair [61]. Research and Development - Research and development expenses for the period were approximately CNY 9.47 million, a slight decrease of 1.30% from the previous year [38]. - The company holds 18 utility model patents in modular data center technology, enhancing energy management and reducing total cost of ownership (TCO) [31]. - The company has obtained 23 software copyrights for its data center lifecycle management platform, improving operational efficiency across multiple data centers [31]. Shareholder Information - The total number of ordinary shareholders reached 37,836 by the end of the reporting period [74]. - The top ten shareholders include Shanghai Beihai High-tech Group with 36.79% ownership and Shanghai Yaoxin Information Technology with 26.19% ownership [76]. - The company issued 5.265 million shares to the National Social Security Fund, representing 2.50% of total shares [76]. Accounting Policies and Financial Reporting - The company's accounting year runs from January 1 to December 31, with a business cycle of 12 months [125][126]. - The company prepares financial statements based on the going concern assumption, adhering to the accounting standards issued by the Ministry of Finance and relevant regulations [121]. - The financial statements accurately reflect the company's financial position, operating results, and cash flows for the reporting period [124]. - The company has not reported any major environmental protection issues or significant accounting errors [69].

Financial Performance - Operating revenue for the period was CNY 114,641,418.62, representing a 27.60% increase year-on-year[6] - Net profit attributable to shareholders increased by 26.72% to CNY 23,998,606.79 compared to the same period last year[6] - The company's main business revenue for the period was RMB 114,641,418.62, an increase of RMB 24,800,112.18 or 27.60% year-on-year[13] - The net profit for Q1 2017 reached CNY 23,998,606.79, representing a growth of 26.5% from CNY 18,938,102.85 in Q1 2016[30] - The total profit for Q1 2017 was CNY 31,860,494.72, an increase of 38.5% compared to CNY 23,041,166.69 in the same quarter last year[30] - The operating profit for the quarter was CNY 31,810,685.36, up 39.8% from CNY 22,746,729.88 in the previous year[30] Assets and Liabilities - Total assets increased by 28.77% to CNY 1,518,651,083.66 compared to the end of the previous year[6] - The company's total liabilities increased significantly, with total assets reaching RMB 1,518,651,083.66, compared to RMB 1,179,322,299.81 at the beginning of the period[20] - Current liabilities totaled CNY 276,454,174.39, a decrease of 22.8% from CNY 358,116,789.79 at the beginning of the year[21] - Non-current liabilities increased to CNY 429,201,352.78, up from CNY 405,661,028.07, indicating potential new financing activities[21] - Total assets reached CNY 1,132,023,861.81, significantly higher than CNY 773,075,378.94 at the start of the year, reflecting growth in asset base[25] Shareholder Information - The number of shareholders at the end of the reporting period was 41,904[9] - The largest shareholder, Shanghai Beigao New (Group) Co., Ltd., held 36.79% of the shares[9] Cash Flow - Net cash flow from operating activities decreased by 77.68% to CNY 11,191,647.44 compared to the same period last year[6] - The net cash flow from financing activities was RMB 330,910,382.69, an increase of RMB 270,844,412.27 or 450.91% year-on-year, mainly due to the proceeds from the initial public offering[14] - Cash inflow from operating activities was CNY 83,693,928.52, down 19.4% from CNY 103,886,485.90 in the previous year[35] - The net cash flow from financing activities was ¥310,486,872.19, a substantial improvement from a negative cash flow of ¥28,829,506.22 in the previous year[38] - The company reported a significant increase in cash flow from financing activities, indicating strong investor confidence and support[38] Equity and Earnings - Net assets attributable to shareholders increased by 95.65% to CNY 812,995,556.49 compared to the end of the previous year[6] - The company's capital reserve increased to RMB 366,556,262.83, a rise of RMB 320,802,467.75 or 701.15% compared to the beginning of the period, attributed to the premium from the issuance of new shares[11] - The company's total equity increased significantly, with the share capital rising to RMB 210,586,508.00, an increase of RMB 52,650,000.00 or 33.34%[11] - The company reported a basic and diluted earnings per share of CNY 0.12, unchanged from the previous year[6] - Basic and diluted earnings per share remained stable at CNY 0.12 for both Q1 2017 and Q1 2016[31] Expenses - The company's income tax expense for the period was RMB 7,861,887.93, an increase of RMB 3,758,824.09 or 91.61% year-on-year, reflecting the growth in revenue[13] - The company incurred management expenses of CNY 9,999,479.80, which is an increase of 14.9% compared to CNY 8,701,394.76 in the previous year[30] - The company reported a decrease in financial expenses to CNY 5,798,882.59 from CNY 6,278,155.11, reflecting a reduction of 7.6%[30] Accounts Receivable and Cash Equivalents - Accounts receivable at the end of the period were RMB 115,278,278.45, up RMB 39,761,672.88 or 52.65% from the beginning of the period, primarily due to increased revenue from the Baoshan Data Center[10] - The company's cash and cash equivalents at the end of the period amounted to RMB 487,715,358.85, an increase of RMB 310,881,667.45 or 175.80% compared to the beginning of the period[10] - Cash and cash equivalents increased to CNY 393,703,151.16 from CNY 35,966,806.47, showing strong liquidity position[24] - The total cash and cash equivalents at the end of Q1 2017 amounted to ¥393,703,151.16, compared to ¥47,879,447.70 at the end of the previous year[38] Operational Focus - The company is focusing on market expansion and new product development, as indicated by the increase in both revenue and asset base[29]

Financial Performance - The net profit attributable to the parent company for 2016 was ¥78,228,767.29, with the parent company achieving a net profit of ¥38,251,141.94 after allocating 10% to statutory surplus reserves[5] - The company's operating revenue for 2016 was CNY 405,972,012.49, representing a year-on-year increase of 19.98% compared to CNY 338,374,655.78 in 2015[22] - The net profit attributable to shareholders for 2016 was CNY 78,228,767.29, an increase of 8.44% from CNY 72,141,613.82 in 2015[22] - The net cash flow from operating activities increased by 26.27% to CNY 146,269,632.66 in 2016, up from CNY 115,834,281.33 in 2015[22] - Basic earnings per share for 2016 were CNY 0.50, reflecting an 8.70% increase from CNY 0.46 in 2015[23] - The total assets at the end of 2016 were CNY 1,179,322,299.81, a 25.77% increase from CNY 937,675,014.24 at the end of 2015[22] - The company's net assets attributable to shareholders increased by 23.19% to CNY 415,544,481.95 at the end of 2016, compared to CNY 337,315,714.66 at the end of 2015[22] - The company reported a net profit of CNY 21,315,050.88 in Q4 2016, which was the highest quarterly profit for the year[26] Profit Distribution - The total distributable profit as of December 31, 2016, was ¥201,925,351.22, with a proposed cash dividend of ¥0.40 per 10 shares, totaling ¥8,423,460.32, which is 10.77% of the net profit attributable to the parent company[5] - The remaining undistributed profit after the cash distribution will be ¥193,501,890.90, carried forward to the next fiscal year[5] - The company aims to balance investor returns with future business development needs in its profit distribution plan[5] - The company has established a cash dividend policy prioritizing cash distributions, with a minimum of 10% of distributable profits to be allocated for cash dividends annually[101] - The company aims for a minimum cash dividend proportion of 80% for mature stages without significant capital expenditures, and 40% if there are major expenditures planned[102] - The company declared a cash dividend of 0.40 RMB per 10 shares for the year 2016, with a total cash dividend amounting to 8,423,460.32 RMB[107] Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies, indicating potential investment risks[7] - The report includes a detailed description of existing risks and factors that may affect the company's future development[8] - The company is exposed to risks from high customer concentration, primarily relying on major clients like Alibaba, Tencent, and Baidu, which could impact profitability if contracts are not renewed[90] - The company faces intensified market competition, which could lead to a decrease in market share and overall profit margins[93] - The average sensitivity of the company's gross margin to electricity price fluctuations over the past three years is -0.35, indicating significant cost pressure from potential electricity price increases[98] Business Operations - The company's main business is data center server hosting services, primarily focusing on wholesale data center services, with a small portion of retail services and value-added services[32] - The company plans to continue expanding its data center operations, which contributed to the revenue growth in 2016[23] - The demand for data center services is expected to grow 7-10 times in the next five years, necessitating a doubling of data center space to meet information consumption needs[33] - The company operates 125,400 kW of power capacity and manages 77,372 billable servers, positioning it among the industry leaders[38] - The company has a unique business model of "order first, then build, and finally operate," which leads to high-quality clients and stable cash flow[40] - The average Power Usage Effectiveness (PUE) of the company's data centers is 1.50, which is 40% lower than the domestic average, aligning with developed countries' standards[42] Research and Development - The company has established a comprehensive R&D system, with a focus on improving customer experience and operational efficiency[53] - The company invested RMB 19.61 million in R&D, marking an 18.04% increase from the previous year[58] - Research and development expenses totaled ¥19.61 million, which is 4.83% of total revenue, marking an 18.04% increase from the previous year's R&D spending[67] - The company has received 23 software copyrights for its data center lifecycle management platform, improving management efficiency across multiple data centers[54] Shareholder Structure and Governance - The largest shareholder, Shanghai Beigao New (Group) Co., Ltd., holds 82,741,950 shares, accounting for 52.39% of total shares[143] - The second-largest shareholder, Shanghai Yaoxin Information Technology Partnership, holds 55,161,300 shares, representing 34.93%[143] - The company has not reported any shareholding changes or restrictions on share reductions for shareholders holding more than 10% of the shares[150] - The company has a lock-up period of 12 months for its shares post-IPO, during which no transfers or repurchases are allowed[113] - The company will ensure that all actions regarding share transfers and buybacks comply with relevant regulations[113] - The company has committed to timely and accurate information disclosure regarding any share reduction plans by major shareholders[109] Financial Position - The total assets reached ¥1,179,322,299.81, compared to ¥937,675,014.24, showing an increase of approximately 25.8%[197] - The company's equity attributable to shareholders rose to ¥415,544,481.95 from ¥337,315,714.66, reflecting a growth of approximately 23.2%[198] - Total liabilities grew to ¥763,777,817.86 from ¥600,359,299.58, which is an increase of about 27.1%[197] - The company's cash and cash equivalents increased to ¥176,833,691.40 from ¥138,306,308.60, representing a growth of approximately 27.8% year-over-year[196] Market Trends - The data center outsourcing service market is projected to grow at a compound annual growth rate of 27.7%, reaching a market size of CNY 43.7 billion by 2016[33] - The company anticipates a significant increase in demand for data center services due to the rapid development of mobile internet and digital content storage needs[75] - The company is expanding its strategic cooperation in the Beijing-Tianjin-Hebei region to leverage big data industry development opportunities[52] Compliance and Integrity - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[4] - There are no significant lawsuits or arbitration matters reported for the year[125] - The company and its controlling shareholders have maintained good integrity, with no significant debts or court judgments outstanding[125] - The company has not faced any penalties from securities regulatory agencies in the past three years[165]