Financial Performance - Net profit attributable to shareholders was ¥115,563,624.31, representing a 70.30% increase year-on-year[17]. - Operating revenue for the first nine months was ¥2,982,565,338.28, up 7.22% from the same period last year[17]. - Basic earnings per share increased by 65.22% to ¥0.038 compared to ¥0.023 in the same period last year[17]. - The company reported a net profit attributable to shareholders of CNY 186,646,807.64 for the period[44]. - The net profit for Q3 2020 reached ¥45,645,436.34, up from ¥26,838,322.32 in Q3 2019, representing a growth of 70.1%[67]. - The total profit for Q3 2020 was ¥52,966,172.80, an increase of 69.5% from ¥31,129,495.86 in Q3 2019[67]. - The total comprehensive income for Q3 2020 was ¥69,003,410.11, compared to ¥46,212,108.02 in Q3 2019, indicating a growth of 49.2%[62]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,790,050,915.76, an increase of 12.43% compared to the end of the previous year[17]. - The company's total liabilities increased by 80.83% to RMB 21,681,750.16 from RMB 11,990,069.15, mainly due to an increase in corporate income tax payable[31]. - The company's equity increased to CNY 3,605,604,938.31 from CNY 3,135,080,296.25, reflecting a growth of about 15.0%[44]. - The total liabilities of the company reached ¥1,930,694,099.27, up from ¥1,865,432,488.32, which is an increase of about 3.5%[50]. - Current assets totaled CNY 2,448,560,206.74, up from CNY 1,782,574,907.26, indicating a year-over-year increase of about 37.4%[42]. Cash Flow - The net cash flow from operating activities for the first nine months decreased by 89.27% to ¥37,502,361.40 compared to the previous year[17]. - The company's net cash flow from operating activities decreased by 89.27% to RMB 37,502,361.40 from RMB 349,478,454.58, primarily due to increased cash payments for goods and services[34]. - The net cash flow from investing activities was negative at RMB -194,301,026.91, a decrease of 115.78% compared to RMB 1,231,290,568.00 in the previous year, mainly due to reduced cash received from investment activities[34]. - The net cash flow from financing activities increased by 122.25% to RMB 382,392,501.86 from RMB -1,718,611,159.39, primarily due to funds raised from the initial public offering[34]. - Cash flow from operating activities for the first three quarters was 3,109,753,733.93 RMB, up from 2,862,936,031.27 RMB year-over-year, reflecting a growth of approximately 8.6%[72]. Research and Development - Research and development expenses accounted for 6.89% of operating revenue, a slight decrease of 0.12 percentage points from the previous year[17]. - Research and development expenses for Q3 2020 amounted to ¥61,685,486.44, slightly up from ¥60,263,189.32 in Q3 2019[53]. - Research and development expenses for Q3 2020 were ¥57,910,824.22, a decrease of 33.0% from ¥86,488,075.97 in Q3 2019[63]. Shareholder Information - The total number of shareholders at the end of the reporting period was 45,353[22]. - The largest shareholder, Kunshan Guochuang Investment Group Co., Ltd., held 1,530,000,000 shares, accounting for 45.9% of total shares[22]. Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[44]. - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products and technologies were not detailed in the report[70].