证券代码：603927 证券简称：中科软 公告编号：2023-044 中科软科技股份有限公司 关于召开 2023 年半年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法律责任。 重要内容提示： 投资者可于2023年08月18日(星期五)至08月24日(星期四)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮 箱 sinosoftzqb@sinosoft.com.cn 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。 中科软科技股份有限公司（以下简称"公司"）将于 2023 年 08 月 25 日披露公司 2023 年半年度报告，为便于广大投资者更全面深入 地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 08 月 25 日下午 13:00-14:00 举行 2023 年半年度业绩说明会，就投 资者关心的问题进行交流。 一、说明会类型 公司董事长、总经理左春先生，董事会秘书蔡宏先生、证券部经 理郧文龙先生、财务部经理杨培兰女士及公司其他相关人员（如有特 殊情 ...

Revenue and Financial Performance - The company achieved revenue of 3.306 billion yuan from traditional insurance clients, a year-on-year increase of 2.70%[3] - Revenue from government sector clients reached 982 million yuan, growing by 12.76%, with a gross margin of 21.20%, down 3.09 percentage points year-on-year[6] - In the energy and electricity sector, the company generated revenue of 113 million yuan, marking a year-on-year increase of 31.36%[8] - Financial sector revenue reached 414,509.08 million, with a year-over-year increase of 1.24%[44] - Insurance sector revenue was 364,513.26 million, showing a year-over-year growth of 4.06%[44] - Government sector revenue increased by 12.76% year-over-year, totaling 98,228.89 million[44] - Healthcare sector revenue surged by 53.66% year-over-year, amounting to 31,556.17 million[44] - Software product revenue decreased by 18.43% year-over-year, totaling 8,718.75 million[44] - Software development and service revenue grew by 4.69% year-over-year, reaching 509,726.86 million[44] - North China region revenue was 348,435.26 million, with a year-over-year increase of 3.16%[44] - South China region revenue decreased by 3.66% year-over-year, totaling 54,836.69 million[44] - Revenue from outside mainland China increased by 40.53% year-over-year, reaching 20,361.14 million[44] - The company's operating revenue for the reporting period was approximately ¥6.70 billion, representing a 6.74% increase compared to ¥6.28 billion in the previous year[71] - Operating costs increased to approximately ¥4.74 billion, up 7.08% from ¥4.43 billion year-on-year[71] - Research and development expenses amounted to approximately ¥899 million, reflecting a 6.62% increase from ¥843 million in the previous year[71] - The net cash flow from operating activities decreased by 17.83% to approximately ¥280.64 million, down from ¥341.53 million in the previous year[78] - The company reported a significant increase in other comprehensive income, rising to ¥5,160,895.96, a 375.96% increase from the previous period[100] - The total revenue for the company was 42,691,455, with a decrease of 4,589,298 compared to the previous period, representing a decline of approximately 10.7%[154] Strategic Initiatives and Business Development - The company continues to implement the "Insurance + Big Health" strategy, focusing on technology empowerment in insurance product pricing and automated claims processing[10] - The company is actively exploring new business models in the "Insurance + Big Transportation" and "Insurance + Big Consumption" sectors, leveraging digital means to enhance consumer risk protection[10] - The company plans to enhance its service ecosystem through R&D innovation and partnerships, focusing on "Insurance + Transportation" applications[54] - The company aims to foster business collaboration between insurance and other industries, increasing demand for software and IT service capabilities[27] - The company is committed to building a robust data security system and enhancing data protection capabilities in the healthcare sector[1] - The company is involved in the development of smart agriculture and digital rural initiatives, promoting data integration and agricultural big data platforms[8] - The company is exploring new business opportunities by leveraging its "Insurance+" strategy to penetrate core industry areas[91] - The company is enhancing its product line to adapt to the "Insurance+" strategy, integrating advanced technologies such as big data, cloud computing, and AI into existing systems[105] - The focus is on the integration of insurance with public health, medical management, and elderly care, targeting collaborations with health management departments and service providers[106] - The company plans to invest 100 million yuan in R&D for new technologies over the next fiscal year[138] Market Expansion and International Strategy - The company is expanding its market presence in regions outside mainland China, including Hong Kong, Macau, Taiwan, Thailand, Indonesia, and Singapore, enhancing customer stickiness[17] - The company aims to enhance its international strategy, targeting rapid growth in international business, building on the successful project in Bangladesh[86] - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[138] Technology and Innovation - The company maintains the top position in the domestic insurance IT solution market for several consecutive years, according to IDC/CCID data[30] - The company has established extensive cooperation with various banking institutions, providing software products and solutions across multiple areas, including risk and compliance management, data governance, and operational analysis[31] - The company is focusing on software technology trends and industry development, hosting the "China Software Technology Conference" to enhance industry influence[15] - The company actively captures new technology development trends to inform future R&D directions, addressing customer pain points in digital transformation[36] - The company plans to focus on AI, blockchain, and big data technologies to innovate applications in industry scenarios, aiming for rapid growth in scale and efficiency[86] - The company is focusing on domestic and international cutting-edge technology trends to enhance its R&D capabilities and accelerate the implementation of new technologies[122] Human Resources and Talent Development - The company has increased its employee count to 19,912, a growth of 2.44% year-on-year, indicating an ongoing improvement in workforce quality[16] - The total number of employees in the parent company and major subsidiaries is 19,912, with 14,098 in the parent company and 5,814 in subsidiaries[178] - The professional composition includes 1,173 sales personnel, 18,448 technical personnel, and 291 management personnel[178] - The company emphasizes the importance of talent development and training to cultivate a skilled workforce that understands both technology and management[93] - Talent development is prioritized, with a focus on discovering, nurturing, and respecting talent to strengthen internal team cohesion and competitiveness[144] - The company has a dual-track training model to enhance employee skills and management capabilities[182] Governance and Compliance - The company is committed to improving its internal management and risk control mechanisms to enhance its capital market image[93] - The company has established a comprehensive investor relations management system to protect shareholder rights and ensure equal access to information[147] - The board of directors and management have undergone training to ensure compliance with legal and regulatory requirements for information disclosure[148] - The company has appointed new independent directors to enhance governance and oversight[152] - The company is committed to maintaining a stable governance mechanism that protects the rights of all shareholders, especially minority shareholders[147] - The company is establishing a competitive management mechanism and enhancing its governance structure to ensure compliance with legal and regulatory requirements[126] Shareholder Relations and Profit Distribution - The company maintains a cash dividend policy, distributing at least 10% of the annual distributable profit in cash each year[141] - The company’s profit distribution policy emphasizes a stable return to investors while ensuring sustainable development, with a minimum cash dividend ratio of 20% during growth phases[167][169] - The company’s cash dividend policy requires that the distributable profit for the year must be positive after covering losses and allocating reserves[168] - The independent directors confirmed that the profit distribution plan for 2021 complied with relevant laws and the company's articles of association[172] - The company’s annual profit distribution plan must be approved by more than two-thirds of the voting rights at the shareholders' meeting[165] - The company has established a mechanism for small and medium shareholders to express their opinions during the profit distribution decision process[171] Operational Efficiency and Cost Management - Sales expenses amounted to 323 million yuan, an increase of 3.07% year-on-year, with a sales expense ratio of 4.82%, indicating improved sales efficiency[11] - The management team emphasized a focus on sustainability initiatives, aiming to reduce operational costs by 15% through energy-efficient practices[138] Corporate Governance and Meetings - The company has held four meetings of the strategic and investment committee during the reporting period, indicating active governance and oversight[160] - The company has successfully conducted its first temporary shareholders' meeting in 2023, completing the election of the new board and supervisory committee[135] - The company held two meetings of the audit committee during the reporting period, reviewing key financial reports and internal audit findings[174]

证券代码：603927 证券简称：中科软 公告编号：2023-034 中科软科技股份有限公司 中科软科技股份有限公司（以下简称"公司"）已分别于 2023 年 04 月 14 日、2023 年 04 月 27 日披露了公司 2022 年年度报告及其 摘要、公司 2023 年第一季度报告，为便于广大投资者更全面深入地 了解公司 2022 年度及 2023 年第一季度经营成果、财务状况，公司计 划于 2023 年 05 月 18 日下午 15:00-16:30 举行 2022 年度暨 2023 年 第一季度业绩说明会，就投资者关心的问题进行交流。 一、业绩说明会类型 关于参加沪市数字经济产业链上市公司 2022 年度暨 2023 年第一季度集体业绩说明会的公告 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法律责任。 重要内容提示： 会议召开时间：2023 年 05 月 18 日(星期四)下午 15:00-16:30 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/roadshowD ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,275,792,207.65, representing a year-on-year increase of 2.39%[5]. - Net profit attributable to shareholders was CNY 23,033,082.87, showing a significant increase of 219.40% compared to the same period last year[5][8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 16,278,988.08, up 248.80% year-on-year[5][8]. - Basic and diluted earnings per share were both CNY 0.0393, reflecting a year-on-year increase of 224.79%[5][8]. - Total operating revenue for Q1 2023 reached ¥1,275,792,207.65, a 2.8% increase from ¥1,246,043,560.42 in Q1 2022[30]. - Net profit for Q1 2023 was ¥23,033,082.87, significantly up from ¥7,211,411.67 in Q1 2022, marking a growth of approximately 219%[31]. - Earnings per share (EPS) for Q1 2023 was ¥0.04, compared to ¥0.01 in Q1 2022, indicating improved profitability[33]. - The company reported a total comprehensive income of ¥22,427,959.47 for Q1 2023, compared to ¥6,890,907.69 in Q1 2022[33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,700,837,119.89, a decrease of 1.87% from the end of the previous year[5]. - As of March 31, 2023, total assets amounted to approximately ¥6.70 billion, a decrease from ¥6.83 billion as of December 31, 2022, reflecting a decline of about 1.9%[21]. - Current assets totaled approximately ¥6.36 billion, down from ¥6.49 billion, indicating a decrease of around 2.1%[21]. - The total liabilities amounted to ¥3,920,012,664.05, a decrease from ¥4,069,982,708.29 year-over-year[28]. - The total liabilities increased slightly from CNY 4,069,982,708.29 to CNY 4,070,430,839.19, reflecting an increase of CNY 448,130.90[42]. - The total non-current liabilities increased from CNY 17,831,138.58 to CNY 18,279,269.48, reflecting an increase of CNY 448,130.90[42]. Cash Flow - The net cash flow from operating activities was negative at CNY -928,741,623.28[5]. - Cash inflow from operating activities totaled ¥812,262,032.63, an increase from ¥647,171,353.94 in the previous year[34]. - The net cash flow from operating activities showed a significant outflow of CNY -928,741,623.28 in Q1 2023, compared to CNY -1,141,221,523.38 in the previous period[49]. - The cash and cash equivalents at the end of Q1 2023 decreased to CNY 2,174,272,978.98 from CNY 2,284,665,584.16 at the end of the previous period[49]. - The company reported a cash outflow of CNY 1,741,003,655.91 from operating activities in Q1 2023, which is an increase compared to CNY 1,788,392,877.32 in the previous period[49]. - The company reported a net cash outflow from investing activities of CNY -3,589,935.53 in Q1 2023, compared to CNY -4,531,062.94 in the previous period[49]. Shareholder Equity - Shareholders' equity attributable to the parent company was CNY 2,780,824,455.84, an increase of 0.80% compared to the end of the previous year[5]. - Total equity attributable to shareholders reached ¥2,780,824,455.84, up from ¥2,758,790,424.11 in the previous year[28]. - The total equity attributable to shareholders decreased slightly from CNY 2,758,790,424.11 to CNY 2,758,396,496.37, indicating a reduction in shareholder value[42]. Operational Insights - The increase in profitability was attributed to enhanced customer loyalty and improved management levels, along with increased government subsidies[8]. - The company is focusing on improving its financial health by managing its current liabilities and optimizing its asset structure[22]. - The company has implemented new accounting standards starting January 1, 2023, which may affect the financial reporting of lease liabilities and right-of-use assets[51]. Inventory and Receivables - Accounts receivable decreased to approximately ¥971.48 million from ¥1.08 billion, a reduction of about 9.6%[21]. - Inventory increased to approximately ¥664.86 million from ¥537.13 million, reflecting an increase of about 23.7%[21]. - Accounts payable decreased to approximately ¥1.47 billion from ¥1.61 billion, indicating a decrease of about 8.7%[22]. - Contract liabilities decreased to approximately ¥1.54 billion from ¥1.60 billion, a reduction of about 3.9%[22].

Dividend and Profit Distribution - The company plans to distribute a cash dividend of 5.50 RMB per 10 shares, totaling approximately 322.25 million RMB, which represents 50.46% of the net profit attributable to shareholders for 2022[6]. - The total amount of cash dividends, including share repurchases, reached RMB 495,885,889.41, accounting for 77.65% of the net profit attributable to ordinary shareholders[108]. - The company reported a stable profit distribution policy, ensuring that cash dividends will not be less than 10% of the distributable profit for the year[87]. - In mature stages with significant capital expenditures, the cash dividend proportion should be at least 40% of the profit distribution[88]. - The company plans to prioritize cash dividends when conditions are met, with a principle of conducting cash distributions at least once a year[98]. - The company has a clear policy for profit distribution, allowing for cash or stock dividends based on the company's financial health and future needs[97]. Financial Performance and Growth - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan, representing a year-over-year growth of 25%[54]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in Q3 2023, representing a 15% year-over-year growth[52]. - User data showed an increase in active users, reaching 10 million, which is a 15% increase compared to the previous year[70]. - The company provided guidance for the next fiscal year, projecting a revenue growth of 20% to 1.8 billion yuan[70]. - New product launches are expected to contribute an additional 300 million yuan in revenue, with a focus on AI-driven software solutions[70]. - The company is exploring acquisition opportunities to enhance its product portfolio, targeting firms with a combined revenue of 500 million[52]. - A new strategic partnership was announced, expected to generate an additional 100 million in revenue over the next two years[52]. - The company plans to maintain a minimum cash dividend ratio of 20% during its growth phase, with potential adjustments as it matures[114]. Strategic Initiatives and Market Expansion - The company aims to enhance its core competitiveness in key industry sectors and expand its customer penetration, focusing on high-value IT consulting and software development services[20]. - The company will continue its "Insurance+" strategy and internationalization efforts, leveraging new technologies such as AI, blockchain, and big data for innovative applications[20]. - Market expansion plans include entering two new international markets by Q2 2024, aiming for a 5% market share in each[52]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in sales in that region over the next fiscal year[55]. - The company has engaged in market expansion into various sectors, including finance, healthcare, and government services[126]. Corporate Governance and Management - The company has established a comprehensive investor relations management system to ensure transparency and protect shareholder rights[31]. - The company is focusing on enhancing corporate governance through training for directors and executives to improve decision-making and management[45]. - The company has revised its articles of association and meeting rules as part of its governance updates[35]. - The company’s board of directors has established a performance evaluation system for senior management, linking compensation directly to business performance[109]. - The company has appointed new independent directors and management personnel during the recent shareholder meetings[37]. - The company’s board of directors held five meetings during the year, with all members present at the meetings[62]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 150 million for new technology development in 2024[52]. - The company invested CNY 899 million in R&D in 2022, with a workforce of 6,873 dedicated to technological advancement[145]. - Research and development investments increased by 30%, totaling 200 million yuan, aimed at enhancing software capabilities[70]. Sustainability and Environmental Responsibility - The company has been certified with ISO14001 environmental management system since 2011, indicating compliance with international standards for pollution control[126]. - The company is actively involved in projects aimed at reducing carbon emissions and enhancing environmental monitoring systems[130]. - The company emphasizes environmental responsibility, implementing waste management and energy-saving practices in its operations[139]. - The management emphasized a focus on sustainability initiatives, aiming to reduce operational costs by 10% through green technologies by 2025[52]. - The company has implemented energy-saving measures, including replacing lighting with LED and upgrading water-saving devices[128]. Risk Management and Compliance - The company has not reported any non-operational fund occupation by controlling shareholders or related parties[7]. - The company has received a standard unqualified audit report from its accounting firm, ensuring the accuracy of its financial statements[6]. - The company has not disclosed any significant internal control deficiencies during the reporting period[123]. - The company has not faced any environmental penalties during the reporting period, adhering strictly to relevant laws and regulations[138]. - The company will actively cooperate with regulatory bodies to ensure compliance with relevant laws and regulations[154]. Employee and Talent Development - The company emphasizes the importance of talent development and aims to build a skilled workforce for software development and promotion[28]. - The company has established a dual-track training model to enhance employee skills and management capabilities[95]. - The company has a diverse educational background among employees, with 8 holding doctoral degrees and 809 holding master's degrees[66]. - The company employed a total of 19,912 staff, with 1,173 in sales, 18,448 in technical roles, and 291 in management[66]. Shareholder and Investor Relations - The company will ensure that any gains from unfulfilled commitments will be returned to the company[154]. - The company will establish an investor compensation fund to address direct economic losses suffered by investors due to unfulfilled commitments[153]. - The company will publicly disclose reasons for any unfulfilled commitments and apologize to shareholders and the public[154]. - The company will not engage in public refinancing if it fails to meet its commitments, and responsible executives may face salary reductions or suspensions[154].

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,329,583,623.46, a decrease of 0.56% compared to the same period last year[6] - Net profit attributable to shareholders for Q3 2022 was ¥142,240,835.86, an increase of 24.87% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥136,165,846.61, reflecting a growth of 33.83% compared to the previous year[6] - Basic earnings per share for Q3 2022 were ¥0.2420, up 26.11% from the same period last year[6] - Total operating revenue for the first three quarters of 2022 was CNY 3,891,831,972.10, a decrease of 1.5% compared to CNY 3,949,770,495.16 in the same period of 2021[28] - Total profit for the first three quarters of 2022 was CNY 300,734,239.16, an increase of 3.5% compared to CNY 290,011,824.07 in the same period of 2021[28] - Net profit for the third quarter of 2022 was CNY 304,962,865.89, an increase of 7.1% compared to CNY 284,746,444.24 in the same quarter of 2021[30] - Basic earnings per share for the third quarter of 2022 was CNY 0.52, up from CNY 0.48 in the same period last year[30] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥6,236,878,759.53, a decrease of 9.37% from the end of the previous year[8] - Total current assets amounted to ¥5,919,412,507.63, down 9.6% from ¥6,549,474,716.66 in the previous year[21] - Total liabilities decreased to ¥3,811,678,334.88, down 10.6% from ¥4,265,511,351.53 as of December 31, 2021[24] - The company's total equity as of September 30, 2022, was ¥2,425,200,424.65, a decline of 7.3% from ¥2,616,234,630.84 in the previous year[24] - The company reported a total asset value of ¥6,236,878,759.53, down 9.4% from ¥6,881,745,982.37 as of December 31, 2021[24] Cash Flow - The company reported a net cash flow from operating activities of -¥1,413,920,280.53 for the year-to-date period[6] - Cash flow from operating activities for the first three quarters of 2022 was a net outflow of CNY -1,413,920,280.53, compared to CNY -1,224,070,115.08 in the same period of 2021[34] - The net increase in cash and cash equivalents was -1,944,654,192.75, compared to -1,539,413,234.78 previously[36] - The ending balance of cash and cash equivalents was 1,380,368,476.12, down from 1,773,599,340.15 in the previous period[36] - The company held cash and cash equivalents of ¥1,397,638,481.15, a decrease of 58.2% from ¥3,343,422,207.66 on December 31, 2021[18] Shareholder Information - Shareholders' equity attributable to the parent company was ¥2,425,200,424.65, down 7.30% compared to the end of the previous year[8] - The total number of common shareholders at the end of the reporting period was 38,635[13] Inventory and Receivables - Accounts receivable increased to ¥1,043,377,798.43, a rise of 3.2% compared to ¥1,013,218,466.47 as of December 31, 2021[18] - Inventory surged to ¥888,106,530.56, reflecting a significant increase of 69.5% from ¥524,133,820.08 in the previous year[18] - The company’s contract assets increased significantly to ¥1,611,210,338.52, up 96.5% from ¥818,443,010.49 in the previous year[18] Expenses and Investments - Research and development expenses for the first three quarters of 2022 were CNY 656,236,350.91, an increase of 8.8% from CNY 603,058,647.21 in the previous year[28] - Total operating costs for the first three quarters of 2022 were CNY 3,576,731,347.86, down 2.4% from CNY 3,664,568,752.26 in the previous year[28] - Investment activities cash outflow totaled 16,471,546.70, compared to 65,338,470.14 in the previous period[36] Financing Activities - Financing activities cash outflow amounted to 517,941,567.13, significantly higher than 249,908,226.55 in the prior period[36] - The net cash flow from financing activities was -517,941,567.13, indicating a substantial increase in cash outflows[36] Other Comprehensive Income - Other comprehensive income after tax for the third quarter of 2022 was CNY 3,891,262.89, compared to a loss of CNY -214,631.02 in the same quarter of 2021[30] Accounting Standards - The company has adopted new accounting standards starting from 2022, which may affect financial reporting[37]

Financial Performance - The company reported a revenue of CNY 500 million for the first half of 2022, representing a year-on-year increase of 15%[16] - The net profit attributable to shareholders was CNY 80 million, up 10% compared to the same period last year[16] - The company's operating revenue for the first half of 2022 was ¥2,562,248,348.64, a decrease of 1.93% compared to the same period last year[23] - The net profit attributable to shareholders was ¥162,722,030.03, down 4.75% year-on-year[23] - The net profit after deducting non-recurring gains and losses was ¥157,304,264.48, reflecting a decline of 6.08% compared to the previous year[23] - The basic earnings per share for the first half of 2022 was ¥0.2741, a decrease of 4.75% from the same period last year[23] - The company has set a performance guidance for the full year 2022, expecting revenue to exceed CNY 1 billion, a growth of 20% year-on-year[16] - The company reported a decrease in profit distribution amounting to 326,480,000 RMB during the current period, indicating a strategic allocation of resources[171] User Growth and Market Expansion - User data showed an increase in active users by 20%, reaching a total of 1.2 million users[16] - The company plans to expand its market presence in Southeast Asia, targeting a 25% growth in that region by the end of 2023[16] - The company is actively expanding its international market presence, generating revenue of CNY 45.42 million from regions outside mainland China[40] Research and Development - The company has allocated CNY 30 million for research and development in artificial intelligence technologies for the upcoming fiscal year[16] - R&D expenditure for the first half of 2022 was CNY 444 million, accounting for 17.33% of operating revenue, an increase of 12.64% year-on-year[40] - The company is committed to improving its R&D innovation capabilities and increasing R&D investment to transform existing research results into productivity[62] Strategic Partnerships and Product Development - A strategic partnership with a leading tech firm was announced, aimed at enhancing product offerings and market reach[16] - New product development includes a cloud-based software solution expected to launch in Q4 2022, projected to contribute an additional CNY 50 million in revenue[16] - The company plans to enhance its product development in areas such as digital marketing and health management to support its "Insurance+" strategy[41] Financial Position and Assets - The company's total assets decreased by 12.63% to ¥6,012,298,834.34 compared to the end of the previous year[23] - Cash and cash equivalents at the end of the period decreased by 56.45% to ¥1,455,922,329.07, primarily due to the impact of the pandemic on customer payment progress and increased cash dividends paid to shareholders[48] - Inventory increased by 56.06% to ¥817,987,613.45, mainly due to project execution delays caused by the pandemic, leading to an increase in inventory[48] - Contract assets rose by 79.24% to ¥1,466,944,295.11, attributed to business scale growth and delays in customer acceptance and payment due to the pandemic[48] Compliance and Governance - The board confirmed that all directors attended the meeting, ensuring the accuracy and completeness of the report[5] - The company has maintained compliance with relevant laws and regulations regarding related party transactions[99] - There are no significant lawsuits or arbitration matters reported during the reporting period[101] Environmental and Social Responsibility - The company has maintained its ISO14001 environmental management system certification since 2011, demonstrating its commitment to pollution control and environmental management[75] - The company promotes a green office environment by implementing waste classification and energy-saving measures, such as replacing lighting with LED[76] - The company actively practices ESG principles and leverages its technological strength to enhance clients' governance in environmental protection and water resource management[80] Shareholder Structure and Equity - The total number of ordinary shareholders as of the end of the reporting period was 42,692[115] - The largest shareholder, the Institute of Software, Chinese Academy of Sciences, holds 139,176,576 shares, accounting for 23.45% of the total shares[115] - The company has a significant shareholder structure, with the top ten shareholders holding 47.98% of the total shares, indicating concentrated ownership[177] Cash Flow and Financial Activities - Cash flow from operating activities showed a net outflow of CNY -1,414,509,385.33, compared to CNY -1,203,323,147.82 in the first half of 2021[148] - The company experienced a cash outflow from financing activities of CNY 452,943,124.50, significantly higher than CNY 9,357,158.42 in the first half of 2021[150] - The total cash and cash equivalents at the end of the period were 1,078,193,864.53 RMB, down from 1,670,432,866.64 RMB at the end of the previous year, reflecting a decrease of approximately 35.5%[154]

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,246,043,560.42, representing a decrease of 2.15% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was ¥7,211,411.67, an increase of 7.77% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,667,092.96, showing a decline of 25.15% compared to the previous year[5] - The total operating profit increased to CNY 7,817,658.73, compared to CNY 5,388,172.58, marking a growth of 45.0% year-over-year[21] - The total comprehensive income for the first quarter was CNY 6,890,907.69, compared to CNY 6,199,288.89, indicating an increase of 11.1%[24] Cash Flow and Liquidity - The net cash flow from operating activities was -¥1,141,221,523.38, indicating a significant cash outflow[5] - The cash flow from operating activities showed a net outflow of CNY -1,141,221,523.38, worsening from CNY -976,151,835.82 in the previous year[24] - The total cash outflow from operating activities was CNY 1,788,392,877.32, compared to CNY 1,704,323,143.10, an increase of about 4.9%[24] - Cash and cash equivalents decreased to RMB 2,180,590,542.76 from RMB 3,343,422,207.66, a decline of 34.7%[15] - The cash and cash equivalents at the end of the period were CNY 2,174,272,978.98, down from CNY 2,275,124,986.34, a decrease of approximately 4.4%[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,496,742,365.54, down 5.59% from the end of the previous year[5] - Total assets decreased to RMB 6,496,742,365.54 from RMB 6,881,745,982.37, a decline of 5.6%[17] - Total liabilities decreased to RMB 3,873,616,827.01 from RMB 4,265,511,351.53, a reduction of 9.2%[19] - The equity attributable to shareholders of the listed company was ¥2,623,125,538.53, a slight increase of 0.26% compared to the previous year[5] - Total equity attributable to shareholders increased slightly to RMB 2,623,125,538.53 from RMB 2,616,234,630.84, an increase of 0.3%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,954[9] - The basic earnings per share for the period was ¥0.0121, reflecting a year-on-year increase of 7.77%[5] - The basic and diluted earnings per share remained stable at CNY 0.01 for both 2022 and 2021[24] Research and Development - Research and development expenses rose to CNY 287,153,954.22, up from CNY 248,772,194.27, reflecting a growth of approximately 15.4%[21] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥2,544,318.71 for the period[8]

Financial Performance - The company's operating revenue for 2021 was approximately RMB 6.28 billion, representing an increase of 8.65% compared to RMB 5.78 billion in 2020[26]. - The net profit attributable to shareholders for 2021 was approximately RMB 577.48 million, a growth of 21.15% from RMB 476.64 million in 2020[26]. - The total assets at the end of 2021 were approximately RMB 6.88 billion, reflecting a 13.90% increase from RMB 6.04 billion at the end of 2020[26]. - The basic earnings per share for 2021 was RMB 0.97, up 21.25% from RMB 0.80 in 2020[26]. - The company reported a significant increase in net assets attributable to shareholders, reaching approximately RMB 2.62 billion, a rise of 15.12% from RMB 2.27 billion in 2020[26]. - The first quarter of 2021 saw an operating revenue of approximately RMB 1.27 billion, while the fourth quarter reported RMB 2.33 billion, indicating a strong year-end performance[29]. - Non-recurring gains and losses totaled approximately RMB 23.77 million in 2021, compared to RMB 10.26 million in 2020, showing an increase in non-operational income[30]. - The weighted average return on equity for 2021 was 23.43%, an increase of 1.28 percentage points from 22.15% in 2020[26]. - In 2021, the company achieved a total revenue of 6.281 billion yuan, representing a year-on-year growth of 8.65%, and a net profit of 577 million yuan, up 21.15% year-on-year[34]. Dividend Policy - The profit distribution plan for 2021 proposes a cash dividend of RMB 5.50 per 10 shares, totaling an estimated cash distribution of RMB 326.48 million[7]. - The company has a cash dividend policy that mandates a minimum of 10% of the distributable profit to be distributed as cash dividends each year[195]. - In the case of a mature development stage without significant capital expenditure, the cash dividend proportion should be at least 80% of the profit distribution[197]. - The company's profit distribution proposal must be reviewed and approved by the board of directors and more than half of the independent directors before being submitted to the shareholders' meeting[198]. - The shareholders' meeting must vote on the profit distribution proposal in accordance with legal regulations and the company's articles of association[200]. Audit and Compliance - The company has received a standard unqualified audit report from Deloitte Touche Tohmatsu Certified Public Accountants[6]. - The board of directors and management confirm the authenticity, accuracy, and completeness of the annual report[5]. - The company assures that there are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company is committed to maintaining compliance with regulatory decision-making procedures regarding external guarantees[8]. Research and Development - The company emphasizes its focus on research and development of new technologies and products to drive future growth[14]. - The company's R&D expenses reached 843 million yuan, an increase of 8.86% compared to 2020, with 4 new invention patents and 163 new software copyrights added in 2021[55]. - The company aims to enhance its R&D innovation capabilities and increase R&D investment to accelerate growth[150]. - The company is investing 200 million in R&D for new technologies aimed at enhancing product features and user experience[168]. Market Expansion and Strategy - The company plans to expand its market presence through strategic initiatives and potential acquisitions[14]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[33]. - The company aims to expand its overseas market presence despite challenges from the ongoing pandemic, continuing to serve clients such as China Life Insurance and Zurich Insurance[60]. - The company plans to enhance its "Insurance+" strategy by integrating advanced technologies such as big data, cloud computing, and artificial intelligence into its product offerings[130]. - The company is considering strategic acquisitions to enhance its technology portfolio, with a budget of 300 million allocated for potential deals[168]. Customer and Client Engagement - The company served 180 domestic insurance clients by the end of 2021, with 141 clients generating over 5 million yuan in revenue from the insurance IT sector[39]. - The company has accumulated 256 clients with sales revenue exceeding 5 million RMB, with over 90% being active clients, indicating strong customer retention[92]. - The company will continue to focus on customer-centric strategies to enhance satisfaction and trust, thereby consolidating market share[150]. Employee and Management - The total number of employees in the parent company is 13,560, and in major subsidiaries, it is 5,877, resulting in a total of 19,437 employees[189]. - The company has a dual-track training model to enhance employee skills and management capabilities[191]. - The company emphasizes talent development, focusing on cultivating comprehensive project managers and enhancing decision-making capabilities among young leaders[146]. - The total remuneration for all directors, supervisors, and senior management was 14.996 million yuan, including insurance and provident fund[179]. Governance and Shareholder Relations - The company has established a robust investor relations management system to protect shareholder rights and ensure compliance with information disclosure[155]. - The company’s governance mechanisms provide adequate protection and equal rights for all shareholders, particularly minority shareholders[155]. - The company will implement a management control mechanism for business unit competition to improve collaboration and efficiency[147]. - The company has maintained a CMMI Level 5 certification, ensuring high standards in software and IT service management[94].

Financial Performance - The company's revenue for Q3 2021 was approximately ¥1.34 billion, representing a year-over-year increase of 6.27%[5] - Net profit attributable to shareholders for Q3 2021 was approximately ¥113.91 million, reflecting a significant increase of 54.34% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was approximately ¥101.75 million, up by 32.67% year-over-year[5] - Basic and diluted earnings per share for Q3 2021 were both ¥0.19, marking a 54.34% increase from the previous year[5] - The weighted average return on equity for Q3 2021 was 4.56%, an increase of 0.80 percentage points compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥3,949,770,495.16, an increase of 8.75% compared to ¥3,632,024,695.64 in the same period of 2020[23] - Net profit attributable to shareholders of the parent company was ¥284,746,444.24, compared to ¥205,324,621.26 in the previous year, representing a growth of 38.49%[25] - Basic and diluted earnings per share for the period were both ¥0.48, an increase from ¥0.35 in the same period last year[25] - The company reported a net profit margin of approximately 7.21% for the first three quarters of 2021, compared to 5.66% in the same period of 2020[25] Assets and Liabilities - Total assets at the end of Q3 2021 were approximately ¥5.98 billion, a slight decrease of 0.98% from the end of the previous year[5] - Shareholders' equity attributable to the parent company at the end of Q3 2021 was approximately ¥2.32 billion, an increase of 2.26% from the previous year[5] - Total current assets as of September 30, 2021, amounted to ¥5,659,091,730.01, a slight decrease from ¥5,749,335,550.28 at the end of 2020[14] - Total assets decreased from ¥6,041,718,075.94 in December 2020 to ¥5,982,557,543.31 by September 30, 2021[17] - Total liabilities decreased from ¥3,000,000,000 to approximately ¥2,800,000,000, indicating a reduction in financial obligations[17] - The total liabilities decreased to ¥3,658,552,995.13 from ¥3,769,045,340.99, a reduction of approximately 2.93%[23] - Total liabilities reached CNY 3,730,445,061.00, remaining stable compared to the previous reporting period[32] - Non-current liabilities totaled approximately ¥38.6 billion, contributing to the overall liabilities[35] - The total assets and liabilities combined were approximately ¥6.04 billion, indicating a slight decrease from the previous total[35] Cash Flow - The company reported a net cash flow from operating activities of approximately -¥1.22 billion year-to-date, indicating increased cash outflows due to business growth[5] - Cash generated from operating activities amounted to ¥3,305,117,671.23, significantly higher than ¥2,642,783,298.74 in the previous year, indicating a growth of 25.05%[25] - Operating cash inflow totaled CNY 3,383,179,868.81, an increase from CNY 2,751,501,098.02 in the previous year, reflecting a growth of approximately 23%[28] - Operating cash outflow amounted to CNY 4,607,249,983.89, compared to CNY 3,676,814,901.11 in the same period last year, indicating a rise of about 25%[28] - Net cash flow from operating activities was negative at CNY -1,224,070,115.08, worsening from CNY -925,313,803.09 year-over-year[28] - Cash and cash equivalents decreased significantly from ¥3,338,645,810.96 in December 2020 to ¥1,793,838,005.57 by September 30, 2021[14] - Cash and cash equivalents at the end of the period stood at CNY 1,773,599,340.15, up from CNY 1,643,104,274.60 in the previous year[30] - Net cash flow from investing activities was CNY -65,338,470.14, compared to CNY -54,705,137.19 in the prior year, reflecting an increase in cash outflow[30] - Net cash flow from financing activities was CNY -249,908,226.55, a decline from CNY -191,529,865.40 year-over-year, indicating increased cash outflow for financing[30] Operational Insights - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[18] - The company aims to improve its financial performance by optimizing operational efficiency and reducing costs[18] - The company has not disclosed any new mergers or acquisitions during this reporting period[18] - The increase in net profit for the year-to-date was primarily driven by business growth and tax benefits from R&D expenses, resulting in a 38.68% increase compared to the previous year[7] Employee Compensation - The company reported a significant increase in employee compensation payments, totaling CNY 2,595,149,956.81, compared to CNY 2,160,714,048.68 last year, marking an increase of approximately 20%[28]