Financial Performance - The company's operating revenue for 2022 was CNY 435.08 million, a decrease of 8.50% compared to 2021[20]. - The net profit attributable to shareholders of the listed company was CNY -56.01 million, representing a decline of 189.36% year-on-year[20]. - The net cash flow from operating activities was CNY -144.25 million, significantly lower than the previous year's CNY -24.79 million[20]. - Basic and diluted earnings per share were both CNY -1.03, a decrease of 183.74% compared to 2021[21]. - The total assets at the end of 2022 were CNY 949.50 million, down 8.12% from the end of 2021[20]. - The weighted average return on net assets was -6.49%, a decrease of 14.93 percentage points compared to 2021[21]. - The company reported a non-recurring profit of CNY 21.97 million in 2022, compared to CNY 18.06 million in 2021[29]. - The company reported a revenue of 43,508.20 million RMB, a decrease of 8.50% year-on-year, primarily due to macroeconomic factors and fluctuations in the construction industry[102]. - The net profit attributable to shareholders was -5,601.08 million RMB, representing a decline of 189.36% compared to the previous year[102]. Share Capital and Dividend Policy - The company reported a profit distribution plan for 2022, which includes a capital reserve transfer of 4.5 shares for every 10 shares held, resulting in an increase of total shares from 54,374,000 to 78,842,300[5]. - As of March 31, 2023, the total share capital after the transfer will be 78,842,300 shares, with an additional 24,468,300 shares being distributed[5]. - The company has not distributed cash dividends or bonus shares for the 2022 fiscal year[5]. - The company plans to distribute cash dividends annually, with a minimum of 10% of the distributable profits for the year allocated for cash dividends[180]. - The company has a differentiated cash dividend policy based on its development stage and capital expenditure plans, with a minimum cash dividend ratio of 80% for mature companies without major expenditures[186]. Research and Development - The company's R&D investment accounted for 36.21% of operating revenue, an increase of 11.02 percentage points from the previous year[22]. - The company's R&D expenses totaled CNY 157.53 million, representing a year-on-year increase of 31.55%, with a notable increase of CNY 37.78 million[68]. - The average number of R&D personnel increased by 7.51% year-on-year, while the average monthly salary for R&D personnel rose by 20.26%[69]. - The company is focusing on core R&D projects such as the BIM 3D basic graphic platform and APaaS platform to enhance product competitiveness[68]. - The company added 5 invention patents, 1 utility model patent, 3 design patents, and 41 software copyrights during the reporting period, bringing the total to 15 invention patents, 17 utility model patents, 11 design patents, and 239 software copyrights[66]. Market and Operational Strategy - The company is focused on expanding its market presence and developing new technologies, particularly in the field of intelligent construction and building information modeling (BIM)[10]. - The company aims to promote enterprise-level digital transformation solutions in response to the industry's shift towards digitalization[35]. - The company has established six provincial marketing centers to enhance its national marketing strategy[34]. - The company is committed to enhancing its operational management and core competitiveness through information technology and innovation in the construction industry[10]. - The company aims to enhance its core competitiveness by focusing on product innovation and expanding its national marketing network over the next three to five years[139]. Challenges and Risks - The company has faced various operational risks, which are detailed in the report's "Management Discussion and Analysis" section[4]. - The decline in revenue was attributed to macroeconomic conditions and fluctuations in the construction industry, particularly affecting the building information software business[23]. - The company is facing a risk of declining gross margins due to increased competition and rising raw material costs in the digital construction sector[97]. - The company is heavily reliant on Autodesk's software for its product development, which poses a risk if international trade policies change[93]. - Approximately 40% of the company's revenue comes from the Zhejiang region, indicating a risk if market conditions in that area change significantly[94]. Corporate Governance and Management - The company has established a governance structure that ensures clear responsibilities and effective decision-making processes among its board and management[145]. - The total number of shares held by directors, supervisors, and senior management at the beginning of the year was 28,378,452, remaining unchanged by year-end[150]. - The company has a stable management structure with no significant changes in personnel during the reporting period[150]. - The company emphasizes a diversified compensation system based on individual capabilities to attract and retain talent[177]. - The company has implemented a performance evaluation mechanism for senior management, ensuring that compensation is aligned with performance standards[192]. Technological Innovation - The company has achieved breakthroughs in core technologies such as BIM algorithm engine technology and digital construction technology platform, leading to commercialized applications[47]. - The company has developed a big data platform that supports distributed computing and real-time data analysis, improving response speed for business system requirements[65]. - The company has launched several new products, including a VR education system for construction safety training and a construction site safety monitoring system[64]. - The company is committed to providing diversified products and services for the entire lifecycle of construction projects, enhancing efficiency and reducing costs for clients[140]. - The company integrates ESG principles into daily operations, focusing on sustainable development strategies that align with its mission of empowering the construction industry through technology[196]. Strategic Partnerships and Collaborations - The company has established strategic partnerships with dozens of central state-owned enterprises, facilitating the digitalization of over 1,800 engineering projects[41]. - The company has collaborated with over 40 universities to establish partnerships for talent cultivation, enhancing the practical skills of students in the construction industry[198]. - The company is exploring potential acquisitions to further strengthen its market position, with a budget of $200 million allocated for this purpose[155]. - The company announced a new strategic partnership, expected to drive an additional $100 million in revenue over the next year[155]. Future Outlook - The company provided guidance for Q4 2023, expecting revenue to be between $160 million and $170 million, indicating a growth of 7% to 13%[154]. - The company plans to enhance its marketing strategy, increasing the budget by 25% to drive user acquisition[154]. - The company aims to leverage national policies promoting digital transformation to enhance its market position and growth prospects[88]. - The company is committed to exploring product innovation and sustainable growth within the construction consulting model[73].

2023 年第一季度报告 证券代码：688109 证券简称：品茗科技 品茗科技股份有限公司 2023 年第一季度报告 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、准确性和完整性依法承担法律责任。 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、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一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 | | | 单位：元 币种：人民币 | | | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 本报告期比上年同期 | | | | | | 增减变动幅度(%) | | | | 营业收入 | 59,397,139.55 | | | -12.61 | | 归属于上市公司股东的净利润 | -13,726,180.19 | | | 不适用 | | 归属于上市公司股东的扣 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥88,342,601.49, representing a decrease of 15.41% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥34,648,099.58, which is not applicable for year-on-year comparison, while the year-to-date loss reached ¥52,950,386.31, a significant increase of 259.35%[5]. - The company reported a net operating loss of CNY 53,747,737.09, contrasting with an operating profit of CNY 35,583,898.56 in the same period last year[21]. - The net profit for Q3 2022 was -52,950,386.31 RMB, compared to a net profit of 33,229,630.55 RMB in Q3 2021, indicating a significant decline[22]. - The basic and diluted earnings per share for Q3 2022 were both -0.97 RMB, down from 0.67 RMB in the same period last year[23]. - The company's total comprehensive income for Q3 2022 was -52,950,386.31 RMB, compared to 33,229,630.55 RMB in Q3 2021, indicating a significant downturn[23]. Research and Development - The R&D investment totaled ¥38,955,109.24 in Q3 2022, an increase of 37.06% year-on-year, accounting for 44.10% of operating revenue, up by 16.88 percentage points[6]. - Research and development expenses for the current reporting period amount to 37.06 million, driven by investments in enterprise-level intelligent platforms and AI innovations[11]. - Cumulative research and development expenses for the year-to-date period total 53.67 million, highlighting a substantial increase in R&D investment compared to previous periods[11]. - Research and development expenses for the first three quarters of 2022 were CNY 105,228,615.69, an increase of 54.4% from CNY 68,130,261.70 in the same period of 2021[28]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥154,502,645.14 for the year-to-date period, indicating significant cash outflow[5]. - The company has faced challenges in cash flow, with significant net outflows due to difficulties in collecting accounts receivable and fixed costs such as employee salaries and rent[10]. - Cash flow from operating activities for the first three quarters of 2022 was -154,502,645.14 RMB, compared to -67,174,283.13 RMB in the first three quarters of 2021, reflecting worsening cash flow[24]. - The total cash inflow from investment activities in Q3 2022 was 546,580,973.69 RMB, significantly higher than 64,247,785.85 RMB in Q3 2021[24]. - The net cash flow from investment activities for Q3 2022 was 130,113,897.45 RMB, a recovery from -481,865,623.56 RMB in the same period last year[24]. - The total cash inflow from financing activities was CNY 626,961,082.49, while cash outflow was CNY 40,931,470.38, resulting in a net cash flow of -CNY 40,931,470.38, compared to a positive net cash flow of CNY 552,845,059.07 in the previous year[31]. Assets and Liabilities - The total assets at the end of the reporting period were ¥903,479,312.75, down 12.57% from the end of the previous year[6]. - Total assets as of September 30, 2022, were CNY 903,479,312.75, down from CNY 1,033,379,389.74 at the end of 2021, a reduction of 12.6%[19]. - Total liabilities decreased to CNY 73,182,312.94 from CNY 123,597,484.86, marking a decline of 40.7%[19]. - The company's equity attributable to shareholders decreased to CNY 830,296,999.81 from CNY 909,781,904.88, a drop of 8.7%[19]. - Total liabilities as of September 30, 2022, were CNY 117,389,443.72, a decrease of 32.3% from CNY 173,523,056.18 at the end of 2021[27]. Market and Economic Conditions - The decline in operating revenue was attributed to the adverse impacts of the macroeconomic environment, particularly in the construction industry, and the recurring COVID-19 pandemic[9]. - The ongoing macroeconomic environment and the impact of COVID-19 have adversely affected the company's revenue growth prospects[10]. - The company faced challenges in client communication and marketing activities due to restrictions, impacting revenue generation[9]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,645, indicating a stable shareholder base[14]. - The largest shareholder, Mo Xujun, holds 25.06% of the shares, with a total of 13,624,638 shares[14].

Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2022, representing a year-on-year increase of 20%[14]. - The net profit attributable to shareholders was RMB 15 million, up 25% compared to the same period last year[14]. - The company's operating revenue for the first half of the year was CNY 180.10 million, a decrease of 6.48% compared to the same period last year[21]. - The net profit attributable to shareholders decreased by 146.43% year-on-year, primarily due to the impact of COVID-19 and a significant increase in comprehensive expenses[22]. - The basic and diluted earnings per share were both CNY -0.34, reflecting a decline of 140.55% compared to the previous year[21]. - The company's total comprehensive income for the first half of 2022 was -21,820,982.40 RMB, compared to 31,631,701.36 RMB in the previous year, highlighting a significant decline in overall financial health[179]. - The company reported a net loss of -21,820,982.40 RMB for the first half of 2022, a significant decrease compared to a net profit of 31,631,701.36 RMB in the same period of 2021[178]. Research and Development - Research and development expenses increased by 15%, totaling RMB 10 million, focusing on new technologies in the construction information sector[14]. - The company achieved a total R&D expenditure of ¥72,625,311.49, representing a year-on-year increase of 64.36%[39]. - R&D expenditure accounted for 40.33% of total revenue, up from 22.95% in the previous year, indicating a significant increase in investment focus[39]. - The average number of R&D personnel increased by 32.99% year-on-year, with salary expenses rising by CNY 26.31 million[22]. - The company is focused on continuous R&D investment, with ongoing applications for 28 additional patents in key technology areas such as BIM and AI recognition[51]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[14]. - The management provided a performance guidance for the second half of 2022, projecting a revenue growth of 15%[14]. - The company plans to launch a new product line in Q3 2022, which is expected to contribute an additional RMB 20 million in revenue[14]. - Market expansion plans include entering three new international markets by Q3 2022, which is anticipated to increase market share by 10%[103]. - The company is actively pursuing market expansion and innovation strategies to ensure sustainable growth and enhance product application value[44]. Product Development and Innovation - The company has developed a new core technology, the BIM three-dimensional basic graphic platform, enhancing its technological capabilities in the construction sector[33]. - The BIM algorithm engine supports a comprehensive product system that reduces overall application costs by avoiding redundant modeling across different specialties, improving efficiency[34]. - The company has launched new products such as AR inspection robots and AI-based project management applications, expanding its service offerings to meet diverse client needs[44]. - The digital construction platform continues to evolve, integrating various technologies like BIM, AIoT, and cloud computing to support complex management scenarios for clients[44]. - The company has implemented a digital construction technology platform that encapsulates complex IT resources, facilitating rapid application development and product delivery[35]. Financial Position and Cash Flow - The company's total assets decreased by 8.56% to CNY 944.93 million compared to the end of the previous year[23]. - The net cash flow from operating activities showed a significant decline, largely due to strict pandemic control measures affecting construction activities[23]. - The company's cash and cash equivalents decreased by 16.37% to 153.30 million yuan, primarily due to increased operational expenses[81]. - The total liabilities decreased to CNY 127,559,590.27 from CNY 173,523,056.18 year-over-year[171]. - The company reported cash outflows from financing activities totaling 37,896,007.71 RMB, compared to inflows of 559,983,920.31 RMB in the previous period, indicating a shift in financing strategy[184]. Risks and Challenges - The company has identified potential risks related to market competition and regulatory changes, with mitigation strategies outlined in the report[14]. - The company faces risks related to technology development, including the rapid pace of software updates and reliance on Autodesk's software for product development[70]. - The company is at risk of declining gross margins due to increased competition and rising raw material costs in the digital construction sector[72]. - The company faced challenges due to COVID-19, impacting cash flow and project timelines, but actively sought innovative solutions to mitigate these effects[65]. Shareholder and Governance Matters - The company did not propose any profit distribution or capital reserve transfer for the half-year period, with no dividends or stock bonuses planned[89]. - The company guarantees that the prospectus and other disclosure materials for the initial public offering do not contain false records, misleading statements, or significant omissions, and assumes legal responsibility for their authenticity, accuracy, and completeness[125]. - Major shareholders are restricted from transferring shares for 12 months post-IPO and must comply with relevant regulations regarding share transfers[110]. - The company commits to not reducing its shareholdings within three years post-IPO, adhering to the stock price stabilization plan approved at the 2020 extraordinary general meeting[117].

Financial Performance - The company's revenue for Q1 2022 was CNY 67,969,817.86, representing a decrease of 7.09% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 25,180,955.77, a decline of 288.08% year-over-year[3]. - Total operating revenue for Q1 2022 was ¥67,969,817.86, a decrease of 7.3% from ¥73,158,001.63 in Q1 2021[14]. - The company reported a net loss of ¥25,180,955.77 for Q1 2022, compared to a net profit of ¥13,388,158.86 in Q1 2021[15]. - The net profit for Q1 2022 was a loss of CNY 25,923,170.39, compared to a profit of CNY 10,469,382.75 in Q1 2021, indicating a significant decline in profitability[21]. - The company experienced a total comprehensive loss of CNY 25,923,170.39 in Q1 2022, compared to a comprehensive income of CNY 10,469,382.75 in Q1 2021[21]. Research and Development - Research and development expenses totaled CNY 38,846,850.73, accounting for 57.15% of revenue, an increase of 31.39 percentage points[3]. - R&D investment increased by 106.13%, with a significant focus on enterprise-level platforms and AI innovations[7]. - R&D expenses surged to ¥38,846,850.73, representing a 105.5% increase compared to ¥18,846,138.21 in Q1 2021[14]. - Research and development expenses increased to CNY 36,965,858.88 in Q1 2022, up 107.5% from CNY 17,814,947.62 in Q1 2021, reflecting a strong focus on innovation[20]. Cash Flow and Liquidity - The operating cash flow showed a net outflow of CNY 79,305,583.96, indicating operational challenges[3]. - Cash inflows from operating activities totaled 81,565,670.36 RMB, a decrease of 20.6% from 102,681,924.52 RMB year-over-year[17]. - Net cash outflow from operating activities was -79,305,583.96 RMB, worsening from -36,472,496.36 RMB in the prior year[17]. - Cash and cash equivalents at the end of the period were 101,879,851.90 RMB, down from 653,626,967.08 RMB at the end of the previous year[18]. - Cash and cash equivalents showed a decline in current assets, totaling ¥926,362,084.37 compared to ¥995,688,165.34 in the previous year[12]. - Cash and cash equivalents at the end of Q1 2022 were CNY 99,962,313.00, down from CNY 652,181,459.51 at the end of Q1 2021, indicating liquidity challenges[25]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 961,094,659.27, down 6.99% from the end of the previous year[3]. - Total assets decreased to ¥961,094,659.27 from ¥1,033,379,389.74, reflecting a decline of approximately 7%[12]. - The total comprehensive income attributable to the parent company was -25,180,955.77 RMB, compared to 13,388,158.86 RMB in the same period last year[16]. - Total liabilities decreased to ¥74,054,689.91 from ¥123,597,484.86, a reduction of about 40%[12]. - The company's equity attributable to shareholders decreased to ¥887,039,969.36 from ¥909,781,904.88, a decline of approximately 2.5%[12]. - The company’s total liabilities and equity decreased to CNY 941,400,294.73 in Q1 2022 from CNY 1,017,670,095.88 in Q1 2021, reflecting a contraction in the capital structure[20]. Market and Operational Challenges - The company faced significant impacts from intermittent COVID-19 outbreaks, affecting marketing activities and project timelines in key regions[4]. - The construction information software business experienced an overall decline, with the smart construction site business particularly affected by the pandemic[4]. - Revenue decreased by 7.09% in Q1 2022, primarily due to the impact of the pandemic, with key markets like Shenzhen and Guangzhou experiencing operational disruptions[7]. - The company is focusing on enhancing online product promotion and innovative market activities to mitigate the adverse effects of the pandemic[5]. - The company experienced a significant increase in sales expenses, which rose to CNY 33,329,648.87 in Q1 2022, compared to CNY 21,577,651.27 in Q1 2021, reflecting higher marketing efforts[20].

Financial Performance - The company's operating revenue for 2021 was CNY 475,495,638.02, representing a year-on-year increase of 25.17%[22]. - Net profit attributable to shareholders decreased by 35.81% to CNY 62,679,510.83 compared to the previous year[22]. - The net cash flow from operating activities fell significantly to CNY -24,792,936.68, a decrease of 139.92% year-on-year[22]. - The company's total assets increased by 179.30% to CNY 1,033,379,389.74, primarily due to funds raised from the initial public offering[25]. - The net assets attributable to shareholders rose by 225.66% to CNY 909,781,904.88, driven by the capital increase from the IPO[24]. - Basic earnings per share dropped by 48.54% to CNY 1.23, while diluted earnings per share remained the same[23]. - The company's revenue from the software industry reached ¥475,495,638.02, with a gross margin of 77.69%, reflecting a decrease of 4.10 percentage points compared to the previous year[101]. - Revenue from the construction information software segment was ¥245,119,720.71, with a gross margin of 97.63%, showing a slight decrease of 0.04 percentage points year-on-year[101]. - The smart construction product segment generated ¥230,375,917.31 in revenue, with a gross margin of 56.47%, down by 4.49 percentage points from the previous year[101]. - The company reported a gross margin of 45%, up from 42% in the previous quarter[143]. Research and Development - Research and development expenses accounted for 25.19% of operating revenue, an increase of 4.10 percentage points from the previous year[23]. - The company achieved a total R&D investment of ¥119,754,298.32, representing a 49.46% increase compared to the previous year[70]. - R&D investment accounted for 25.19% of total revenue, up from 21.09% in the previous year, indicating a 4.09% increase in the proportion[70]. - The number of R&D personnel increased by 61% year-on-year, enhancing the company's R&D capabilities and core competitiveness[71]. - The company has developed core technologies, including a "BIM Algorithm Engine," which enhances performance metrics and application effects through continuous vertical application development[79]. - The company is actively developing new products and technologies, with a focus on improving construction safety and efficiency through digital construction technologies[67]. - The company is leveraging AI technology to develop automated cost estimation algorithms, significantly reducing manual workload for cost personnel[66]. - The company has established a big data management platform to support distributed computing and real-time data analysis for construction safety[66]. - The company has invested 50 million RMB in R&D for new technologies, focusing on smart construction solutions[145]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its technological capabilities through new product development[4]. - The company plans to continue enhancing its marketing channels and deepen cooperation with existing clients while actively exploring new clients[24]. - The company is focused on expanding its market presence outside Zhejiang, although this is a long-term process[90]. - Market expansion plans include entering three new international markets by the end of 2024[143]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of 100 million allocated for this purpose[143]. - A new strategic partnership was announced, expected to drive a 5% increase in market share over the next year[143]. - The company aims to enhance its product innovation and expand its national marketing network to drive rapid growth in performance over the next three to five years[131]. Corporate Governance - The company has established a governance structure that includes a board of directors and various committees to ensure effective decision-making and oversight[136]. - The company has established specialized committees, including the audit committee, nomination committee, compensation and assessment committee, and strategic committee[156]. - The company emphasizes internal control and has implemented a management system for subsidiaries to enhance risk prevention and internal control effectiveness[180]. - The internal control audit report for the year received a standard unqualified opinion, indicating no significant deficiencies[181]. - The company has a comprehensive compensation policy for directors and senior management, which is approved by the board[151]. - The company has implemented a performance evaluation system for senior management based on annual operational plans and management objectives[151]. Shareholder Returns - The company plans to distribute a cash dividend of 6.00 RMB per 10 shares, totaling approximately 32,624,400 RMB (including tax), which represents 52.05% of the net profit attributable to shareholders for the year 2021[5]. - The company distributed a cash dividend of RMB 8.00 per 10 shares in 2020, amounting to RMB 43,499,200[168]. - The company has a cash dividend policy that mandates a minimum of 10% of the distributable profit to be distributed as cash dividends annually, provided certain conditions are met[166]. - The total number of shares held by directors, supervisors, and senior management increased from 27,990,092 at the beginning of the year to 28,378,452 at the end of the year, representing an increase of 388,360 shares[140]. - The increase in shareholding among senior management indicates a positive outlook and confidence in the company's future performance[140]. Operational Risks - The company has faced various operational risks, which are detailed in the report's management discussion and analysis section[4]. - The company faces risks related to technology development and market trends, which could impact its competitive edge if not managed properly[86]. - The reliance on Autodesk's software for certain products poses a risk if international trade policies change, potentially affecting product development[89]. - The company faces risks related to concentrated sales regions, particularly in Zhejiang, which could adversely affect performance if market conditions change[90]. - There is a risk of declining gross margins due to increased competition and rising raw material costs[93]. Environmental and Social Responsibility - The company is committed to environmental protection and aims to promote green and low-carbon construction practices through digital construction technologies[183]. - The company has implemented a series of environmental protection measures, including a real-time monitoring system for dust and noise, which helps maintain a clean construction environment[191]. - The intelligent water and electricity monitoring system records real-time consumption and sets up alerts for abnormal usage, aiding in energy management on construction sites[189]. - The company has established partnerships with over 40 universities to foster talent development in the industry, with 68 projects approved in 2021[185]. - The company organized the "National College BIM Application Graduation Design Competition," attracting nearly 8,000 participants from 420 institutions[185].

Financial Performance - The company's operating revenue for Q3 2021 was ¥104,435,332.89, representing an increase of 8.73% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was -¥6,188,375.85, a decrease of 129.59% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was -¥10,204,616.56, down 149.00% from the previous year[3] - Total operating revenue for the first three quarters of 2021 reached ¥297,005,981.34, an increase of 22.1% compared to ¥243,131,213.74 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥33,229,630.55, a decrease of 42.0% from ¥57,329,232.70 in the same period of 2020[21] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.67, down from ¥1.41 in 2020[22] Research and Development - The total R&D investment for Q3 2021 was ¥28,422,910.34, an increase of 31.09% year-on-year, accounting for 27.22% of operating revenue[4] - The company experienced a significant increase in personnel, with R&D staff growing by 41% and sales staff by 49%[9] - Research and development expenses for the first three quarters of 2021 totaled ¥72,608,529.11, an increase from ¥55,679,440.94 in 2020, representing a growth of 30.5%[20] Assets and Liabilities - The total assets as of the end of the reporting period were ¥945,503,286.91, reflecting a 155.55% increase compared to the end of the previous year[4] - The equity attributable to shareholders at the end of the reporting period was ¥880,797,934.10, up 215.29% year-on-year[4] - Total liabilities amounted to ¥64,705,352.81, with total equity reaching ¥880,797,934.10 as of the end of the third quarter of 2021[20] - The company's total assets were valued at ¥945,503,286.91, reflecting a substantial increase from ¥369,985,653.58 in the previous year[20] - Total current liabilities decreased to CNY 58,931,972.35 from CNY 90,618,852.97[15] - Total liabilities decreased from 108,831,597.67 to 90,623,137.90, a reduction of 16.6%[30] Cash Flow - Cash inflow from operating activities for the first three quarters of 2021 was ¥287,772,425.54, compared to ¥260,001,233.17 in 2020, indicating a growth of 10.7%[25] - Cash outflow from operating activities totaled ¥354,946,708.67, compared to ¥243,242,730.36 in the previous year, indicating a significant increase of 46%[26] - Net cash flow from operating activities was negative at ¥67,174,283.13, a decline from a positive ¥16,758,502.81 in the same quarter last year[26] - Cash inflow from investment activities was ¥64,247,785.85, down from ¥81,382,667.63 year-over-year, reflecting a decrease of approximately 21%[26] - Net cash flow from financing activities was positive at ¥552,447,756.77, contrasting with a negative cash flow of ¥20,329,260.00 in the same quarter last year[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 4,411[11] - The largest shareholder, Mo Xujun, holds 13,437,508 shares, representing 24.71% of total shares[11] - The number of shares held by the top 10 shareholders includes significant stakes from various investment firms, indicating strong institutional interest[12] - The company has not reported any related party transactions or agreements among major shareholders[12] Future Plans and Strategies - The company plans to increase investment in core software technology and enhance product competitiveness while expanding into provincial markets[9] - The company implemented new leasing standards starting in 2021, which may impact future financial reporting and asset management strategies[28] - The company adopted new leasing standards effective January 1, 2021, with no significant impact on financial status or cash flows[31]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 192.57 million, representing a year-on-year increase of 30.93% compared to RMB 147.08 million in the same period last year[20]. - The net profit attributable to shareholders of the listed company increased by 8.24% to approximately RMB 39.42 million, up from RMB 36.42 million in the previous year[20]. - The net assets attributable to shareholders of the listed company increased by 215.59% to approximately RMB 881.64 million, compared to RMB 279.36 million at the end of the previous year[20]. - Total assets grew by 157.14% to approximately RMB 951.37 million, up from RMB 369.99 million at the end of the previous year[20]. - The basic earnings per share decreased by 6.74% to RMB 0.83, down from RMB 0.89 in the same period last year[19]. - The cash flow from operating activities showed a significant decline, with a net outflow of approximately RMB 38.19 million compared to a net inflow of RMB 7.67 million in the previous year[20]. Research and Development - Research and development expenses accounted for 22.95% of operating revenue, a slight decrease of 0.17 percentage points from the previous year[19]. - The company achieved a total R&D investment of ¥44,185,618.77, representing a 29.97% increase compared to the previous period[42]. - The number of R&D personnel increased by 35% year-on-year, contributing to the rise in R&D expenses[44]. - The company holds a total of 9 invention patents, 12 utility model patents, 6 design patents, and 172 software copyrights as of the end of the reporting period[41]. - The company has established a core technology system through continuous R&D, integrating various technological innovations into its solutions[39]. - The company’s research and development strategy emphasizes independent innovation, supported by a product line R&D team structure to ensure market competitiveness[32]. Market and Product Development - The company focuses on "digital construction" technologies and products, providing solutions from the construction preparation phase to project acceptance, addressing needs in cost, safety, quality, schedule, and information management[25]. - The company has achieved breakthroughs in core technologies such as BIM algorithm engines and safety assistance technologies, leading to the commercialization of its digital construction products[26]. - The company has a diverse range of products and a strong market reputation, which is expected to enhance its market position further[36]. - The company has successfully transitioned from tool software to comprehensive solutions, enhancing its competitive edge in the industry[54]. - The company launched several new products, including video AI products and monitoring systems, enhancing its competitive edge in the smart construction site sector[64]. Financial Management - The company’s procurement model is based on a just-in-time approach, maintaining low levels of raw material inventory and aligning procurement with sales forecasts[30]. - The company reported a total non-recurring profit and loss of 6,624,499.29 CNY, with government subsidies contributing 5,040,908.60 CNY and fair value changes from financial assets generating 2,498,806.40 CNY[22]. - The company reported a net cash flow from financing activities of ¥559,851,486.21, attributed to funds raised from its initial public offering[74]. - Cash and cash equivalents at the end of the reporting period amounted to ¥318,035,652.59, a 130.52% increase from ¥137,965,689.13 at the end of the previous year[78]. - The company has approved the use of RMB 300 million of temporarily idle raised funds for cash management, with RMB 270 million in large time deposits as of June 30, 2021[109]. Corporate Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company confirmed compliance with commitments made by major shareholders regarding stock transfer restrictions[92]. - The company will ensure compliance with the relevant laws and regulations regarding share transfers by core technical personnel[96]. - The company has committed to avoiding any actions that could harm the interests of other shareholders[101]. - The company has assured that all information disclosed in the IPO prospectus is truthful, accurate, and complete, bearing legal responsibility for any misrepresentation[98]. Industry Trends and Opportunities - The construction industry in China has an information technology investment of only 0.08% of total output value, compared to 1% in developed countries, indicating significant room for improvement[33]. - The application of BIM technology and smart construction is in a rapid development phase, providing new opportunities for the construction information technology industry[38]. - The construction industry is expected to shift towards platform-based operations as digitalization continues to penetrate the sector[38]. - The integration of new technologies such as GIS, big data, and cloud computing is driving rapid growth in the construction information technology sector[37]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,324[119]. - The largest shareholder, Mo Xujun, holds 13,437,508 shares, representing 24.71% of total shares[122]. - The company has a total of 243,000 restricted stock options granted to key personnel during the reporting period[128]. - The first restricted shares held by Mo Xujun will become tradable on March 30, 2024, after a 36-month lock-up period[125]. - The company has not experienced any significant changes in project feasibility during the reporting period[109].

Financial Performance - Net profit attributable to shareholders increased by 369.86% to CNY 13,388,158.86 year-on-year[5] - Operating revenue rose by 94.14% to CNY 73,158,001.63 compared to the same period last year[5] - Basic earnings per share increased by 371.43% to CNY 0.33[5] - The company reported a total comprehensive income for Q1 2021 of ¥10,469,382.75, compared to ¥1,511,075.96 in Q1 2020, showing strong overall performance[30] - The net profit for Q1 2021 reached ¥10,469,382.75, compared to ¥1,511,075.96 in Q1 2020, reflecting a significant growth of 693.5%[30] - Operating profit for Q1 2021 was ¥14,642,912.34, compared to ¥2,000,546.40 in Q1 2020, indicating a substantial growth[27] - The gross profit margin improved, with total profit amounting to ¥11,627,886.47 in Q1 2021, up from ¥660,266.03 in Q1 2020[29] Assets and Liabilities - Total assets increased by 164.71% to CNY 979,377,038.82 compared to the end of the previous year[5] - The total assets as of March 31, 2021, amounted to ¥979,377,038.82, a significant increase from ¥369,985,653.58 as of December 31, 2020[19] - Total liabilities decreased from ¥90,618,852.97 to ¥68,372,287.15, indicating improved financial health[19] - Total liabilities as of March 31, 2021, were ¥122,129,210.30, a decrease from ¥132,462,968.90 at the end of 2020[24] - The company’s total liabilities and equity amounted to CNY 369,985,653.58, up from CNY 388,194,113.35, a change of CNY 18,208,459.77[39] Cash Flow - The net cash flow from operating activities was negative at CNY -36,472,496.36, worsening by 35.90% compared to the previous year[5] - Cash inflow from operating activities was ¥102,681,924.52 in Q1 2021, significantly higher than ¥53,698,199.77 in Q1 2020[32] - The total cash outflow from operating activities in Q1 2021 was CNY 139,154,420.88, compared to CNY 80,536,179.92 in Q1 2020, indicating an increase of 72.5%[33] - The company reported a net cash flow from financing activities of ¥622,526,502.82 in Q1 2021, primarily from the initial public offering[15] - The company raised CNY 625,898,867.92 from financing activities, leading to a net cash flow from financing activities of CNY 622,526,502.82 after outflows[35] Shareholder Information - The total number of shareholders reached 8,733 at the end of the reporting period[10] - The top shareholder, Mo Xujun, holds 24.71% of the shares, totaling 13,437,508 shares[10] Research and Development - Research and development expenses accounted for 25.76% of operating revenue, a decrease of 11.72 percentage points[5] - Research and development expenses for Q1 2021 were ¥18,846,138.21, up from ¥14,125,571.87 in Q1 2020, reflecting a focus on innovation[27] - Research and development expenses increased to ¥17,814,947.62 in Q1 2021, compared to ¥13,378,823.53 in Q1 2020, indicating a focus on innovation[29] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27] - The company’s sales expenses increased by 97.58% to ¥21,976,770.88, driven by aggressive market expansion strategies[15]

Financial Performance - The company's operating revenue for 2020 was approximately ¥379.89 million, representing a 34.30% increase compared to ¥282.87 million in 2019[23]. - The net profit attributable to shareholders for 2020 was approximately ¥97.64 million, a 31.43% increase from ¥74.29 million in 2019[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥83.13 million, up 29.83% from ¥64.03 million in 2019[23]. - The company's total assets at the end of 2020 were approximately ¥369.99 million, reflecting a 38.67% increase from ¥266.82 million at the end of 2019[23]. - The net assets attributable to shareholders at the end of 2020 were approximately ¥279.36 million, a 38.50% increase from ¥201.70 million at the end of 2019[23]. - The basic earnings per share for 2020 were ¥2.39, a 31.32% increase from ¥1.82 in 2019[24]. - The operating cash flow for 2020 was approximately ¥62.10 million, a 27.87% increase from ¥48.57 million in 2019[23]. - The company's operating costs rose to CNY 69.18 million, marking a 50.06% increase from the previous year[84]. - Research and development expenses increased by 21.24% to CNY 80.13 million, indicating a strong focus on product innovation[84]. - The gross margin for the software industry segment was 81.79%, a decrease of 2.28 percentage points compared to the previous year[87]. Research and Development - R&D expenditure accounted for 21.09% of operating revenue, a decrease of 2.27 percentage points[25]. - The company achieved a 21.24% increase in R&D expenses compared to the previous year, totaling approximately ¥80.13 million, driven by increased investment in new products and technologies[56]. - The company launched several new products, including the AI-based attendance system and AI epidemic monitoring system, which received high recognition in industry evaluations[52]. - The company holds 19 patents and 150 software copyrights, reflecting its focus on independent R&D and innovation[37]. - The company has developed a comprehensive digital construction solution, integrating various technologies such as IoT and AI[36]. - The company’s research and development strategy is centered on independent development, supported by industry-academia collaboration, ensuring the continuous launch of competitive innovative products[44]. Market Strategy and Customer Base - The company has a diverse customer base across multiple provinces and cities in China, with a focus on direct sales complemented by a small number of distributor sales[40]. - The company’s sales orders are primarily obtained through public bidding, inquiry, and business negotiations, with a significant emphasis on offline sales and professional promotion[41]. - The company aims to drive the construction industry towards industrialization, intelligence, and smart development through its digital construction products[36]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2022[185]. Risk Management and Compliance - The company has outlined various risks and countermeasures in its report, emphasizing the importance of investor awareness regarding future plans and strategies[8]. - The company is facing risks related to reliance on Autodesk's software for its product development, which could impact future R&D if international trade policies change[76]. - The company has committed to strict compliance with corporate governance regulations, ensuring timely and accurate information disclosure and effective internal control systems[118]. - The company will ensure compliance with all obligations and responsibilities outlined in the stock price stabilization plan[129]. Shareholder and Dividend Policy - The company plans to distribute a cash dividend of ¥8 per 10 shares, totaling approximately ¥43.50 million, which represents 44.55% of the net profit for the year[7]. - The cash dividend policy was reviewed and approved by the board and independent directors, ensuring transparency and accountability[121]. - The company has established a comprehensive profit distribution policy following its listing, which was approved at the 2020 second extraordinary general meeting[121]. - The company has committed to not using company assets for personal investment unrelated to its duties[132]. Corporate Governance and Structure - The company has established a robust quality management system and has passed ISO9001 certification, ensuring product reliability and stability[68]. - The company has a talent pool of nearly 400 skilled R&D employees with interdisciplinary backgrounds, contributing to its competitive advantage[67]. - The board of directors has four specialized committees to ensure effective governance and decision-making[198]. - The company has no controlling shareholder or actual controller, as stated in the report[172]. Future Outlook - The company expects revenue guidance for the next fiscal year to be between $1.6 billion and $1.8 billion, indicating a potential growth of 7% to 20%[185]. - Future outlook remains positive, with a projected EBITDA margin improvement to 25% by the end of 2021[185]. - The company plans to invest 100 million RMB in marketing to boost brand awareness and customer engagement[186].