Financial Performance - Operating revenue for the year-to-date was CNY 127,104,217.01, reflecting an increase of 11.05% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY 30,831,397.72, a decrease of 1.49% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 15,646,104.07, down 43.32% year-on-year[5] - Basic earnings per share were CNY 0.64, a decline of 26.44% compared to CNY 0.87 in the previous year[5] - The company reported a net decrease in cash and cash equivalents of -¥385,323,378.27 for Q1 2021, contrasting with an increase of ¥19,792,144.39 in Q1 2020[46] Asset and Liability Management - Total assets at the end of the reporting period reached CNY 3,192,194,817.90, an increase of 0.64% compared to the end of the previous year[5] - Non-current liabilities rose significantly to CNY 19,397,986.01 from CNY 6,894,010.07, indicating an increase of about 182.56%[29] - The total liabilities amounted to CNY 171,215,459.16, up from CNY 167,851,835.97, representing a growth of approximately 1.36%[29] - Owner's equity reached CNY 3,020,979,358.74, an increase from CNY 3,004,036,032.46, showing a growth of about 0.56%[29] - The company reported a new lease standard implementation, adding ¥3,522,778.63 in right-of-use assets and lease liabilities[55] Cash Flow Analysis - The net cash flow from operating activities was CNY 11,143,684.95, down 25.26% from CNY 14,909,194.46 in the same period last year[5] - Cash and cash equivalents decreased to CNY 381,938,244.72 from CNY 893,514,807.82, a decline of approximately 57.3%[32] - The company reported a total cash outflow from operating activities of ¥149,430,794.48, compared to ¥103,907,815.41 in the previous year, indicating a rise of 43.8%[45] - The cash inflow from sales of goods and services was ¥46,482,075.38, up from ¥24,672,755.36 in Q1 2020, representing an increase of 88.3%[49] - The company recorded a cash inflow from investment recovery of ¥1,692,750,597.30, a significant increase from ¥41,499,632.84 in Q1 2020[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,351[11] - The largest shareholder, Xiong Yuqian, held 18,489,000 shares, representing 38.41% of the total shares[11] - The company has a total of CNY 257,732,912.20 in undistributed profits, up from CNY 226,901,514.48, representing an increase of approximately 13.6%[29] Research and Development - R&D expenses rose by 81.45% year-over-year, with the R&D expense ratio increasing from 13.44% to 21.97%[14] - Research and development expenses increased significantly to ¥27,925,122.09 in Q1 2021, up 81.5% from ¥15,389,803.07 in Q1 2020[36] Market and Product Performance - Core products, including PDF editors and readers, saw a year-over-year growth rate of 17.00%, accounting for 85.84% of total revenue[13] - Subscription revenue grew by 30.49%, with its share of total revenue rising from 13.72% to 15.30%[13] - Online sales revenue increased by 27.15% year-over-year, while the revenue from the China division surged by 76.89%[13] Management and Governance - The company plans to implement a long-term incentive mechanism to attract and retain talent through a stock incentive plan approved by the board[19] - The company appointed Wei Jiqing as the new vice president following the resignation of Steven Xun Li, ensuring continuity in technical leadership[21]

Financial Performance - Operating revenue for the first nine months was CNY 341,365,294.95, a 37.13% increase compared to the same period last year[7] - Net profit attributable to shareholders increased by 142.46% year-on-year, amounting to CNY 92,603,510.46[7] - Basic and diluted earnings per share were both CNY 2.56, reflecting a 141.51% increase[8] - The net profit after deducting non-recurring gains and losses increased by 189.38% to CNY 80,940,971.59[7] - Net profit rose by 140.92% to ¥93,468,440.17, driven by a 37.13% increase in operating revenue[16] - Total profit for Q3 2020 was ¥36,254,088.61, compared to ¥23,486,993.22 in Q3 2019, reflecting a 54.4% increase[32] - Net profit for Q3 2020 was ¥31,090,823.29, compared to ¥19,549,144.47 in Q3 2019, representing a 58.8% increase[32] Assets and Liabilities - Total assets increased by 577.71% year-on-year, reaching CNY 3,146,603,856.73[7] - The company's cash and cash equivalents increased by 840.48% to ¥1,095,457,825.78 due to funds raised during the reporting period[14] - Trading financial assets surged by 3,763.92% to ¥1,580,963,332.61, primarily from new idle fundraising financial management[15] - The total number of shareholders is 5,067[12] - The total liabilities amounted to CNY 136,023,396.83, compared to CNY 131,526,216.88 in the previous year, showing a slight increase[25] - Current liabilities increased to CNY 129,455,289.98 from CNY 120,534,045.31, reflecting a rise of approximately 7.6%[25] - The company’s total current liabilities amounted to 120,534,045.31 RMB, reflecting an increase of 24,472,232.88 RMB[46] Cash Flow - Cash flow from operating activities for the first nine months was CNY 87,441,996.85, up 28.50% year-on-year[7] - Cash flow from operating activities for the first three quarters of 2020 was ¥378,764,065.92, an increase from ¥283,344,921.84 in the first three quarters of 2019[39] - Net cash flow from operating activities for the first three quarters of 2020 was ¥17,769,208.31, a decrease of 55.32% compared to ¥39,763,873.83 in the same period of 2019[41] - Cash flow from financing activities generated a net cash inflow of ¥2,575,424,825.52 in Q3 2020, compared to a net outflow of ¥18,053,797.26 in Q3 2019[42] Research and Development - Research and development expenses accounted for 15.24% of operating revenue, a decrease of 1.14 percentage points[8] - Research and development expenses increased by 27.60%, while sales expenses rose by 19.31%, both not exceeding the growth in sales revenue[16] - R&D expenses for Q3 2020 amounted to ¥20,476,486.40, a significant rise of 44.1% from ¥14,202,862.69 in Q3 2019[31] Shareholder Information - The total number of shareholders at the end of the reporting period and the shareholding status of the top ten shareholders were disclosed[11] - The company has no preferred shareholders as of the reporting period[13] Other Financial Metrics - The weighted average return on equity rose by 11.3 percentage points to 24.87%[7] - Other income increased by 59.43% to ¥9,863,774.85, primarily due to government subsidies received during the reporting period[16] - Investment income decreased significantly by 1,137.16% to -¥5,913,477.08, attributed to losses from equity investments in joint ventures[16] - Fair value changes in financial assets resulted in a gain of ¥6,071,706.73, a 285.22% increase compared to the previous period[16] - The company reported a significant increase in income tax expenses, up 156.44% to ¥16,587,832.76, due to higher total profit[16] Legal Matters - The company is involved in ongoing litigation regarding software copyright infringement, which may impact future operations[17] Changes in Accounting Standards - The company has adopted new revenue and lease standards starting in 2020, which may affect future financial reporting[42] - The company executed a new revenue standard adjustment, resulting in a 100% increase in contract liabilities to ¥81,702,667.41[15]