证券代码：688118 证券简称：普元信息 公告编号：2023-036 普元信息技术股份有限公司关于召开 2022 年度暨 2023 年第一季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、准确性和完整性依法承担法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 5 月 12 日(星期五)至 5 月 18 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 info@primeton.com 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。 普元信息技术股份有限公司（以下简称"公司"）已于 2023 年 4 月 20 日发 布公司 2022 年年度报告、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 5 月 19 日上午 10:00-11:00 举行 2022 年度暨 2023 年第一季度 ...

Share Repurchase and Profit Distribution - The company repurchased shares for a total amount of RMB 12,557,169.99, which accounted for 1,031.09% of the net profit attributable to shareholders for the year 2022[6]. - The profit distribution plan for 2022 includes no cash dividends, no bonus shares, and no capital reserve transfer to increase share capital, with undistributed profits carried forward to future years[6]. Financial Performance - The company's operating revenue for 2022 was CNY 425.36 million, a decrease of 2.54% compared to the previous year[22]. - The net profit attributable to shareholders of the listed company was CNY 1.22 million, down 96.89% year-on-year[24]. - The net cash flow from operating activities was CNY 1.02 million, a significant decrease of 98.47% compared to the previous year[24]. - Basic earnings per share were CNY 0.013, reflecting a decrease of 96.88% from the previous year[23]. - The total assets at the end of 2022 were CNY 1,020.82 million, a decrease of 5.43% from the previous year[22]. - The weighted average return on net assets was 0.14%, down 3.95 percentage points from the previous year[23]. - The company reported a net loss of CNY 15.08 million after deducting non-recurring gains and losses, a decrease of 202.89% year-on-year[24]. Research and Development - The company increased its R&D investment as a percentage of operating revenue to 20.15%, up 2.92 percentage points from the previous year[23]. - Research and development expenses amounted to 85.70 million yuan, an increase of 13.96% year-on-year[36]. - The company has accumulated 31 authorized invention patents, 58 accepted invention patent applications, and 250 computer software copyright registrations by the end of the reporting period[69]. - The company has a total of 253 research and development personnel, indicating a strong focus on innovation[164]. Market Expansion and Product Development - The company is in the process of developing new products and technologies, focusing on low-code development platforms and data middle platforms[11]. - The company is expanding its market presence and enhancing its software infrastructure capabilities to support agile delivery and stable operation of applications[11]. - The company launched new products in the data quality and resource catalog management platforms, enhancing its data asset management capabilities[39]. - The company successfully implemented multiple application migration projects in the financial sector, receiving recognition as a leading enterprise in financial innovation solutions[41]. - The company expanded its market presence into new sectors such as construction, transportation, and education, leveraging its expertise in software infrastructure[42]. Risk Management - The company has outlined various risks and countermeasures in its management discussion and analysis section[4]. - The company faced significant operational challenges due to macroeconomic factors affecting order signing, delivery, acceptance, and payment collection[24]. - The company aims to mitigate industry risks by strengthening its client advantages and expanding into other market sectors[104]. Corporate Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. - The company has not violated any decision-making procedures for providing guarantees[8]. - The company has not faced any situation where more than half of the directors could not guarantee the authenticity, accuracy, and completeness of the annual report[8]. - The company has established internal control compliance institutions, becoming one of the first pilot companies in the Shanghai Stock Exchange's Sci-Tech Innovation Board[140]. - The company has not faced any penalties from securities regulatory authorities in the past three years, highlighting compliance and governance[154]. Employee Management and Compensation - The total number of shares held by the board members and senior management at the end of the reporting period was 31,764,391, a decrease of 329,197 shares compared to the beginning of the year[144]. - The total pre-tax remuneration for the management team amounted to 744.35 million yuan, with no changes in shareholdings for most members[144]. - The company has a compensation and assessment committee that determines the remuneration of directors and senior management, which is then approved by the board[151]. - The company’s employee compensation structure includes basic salary, performance pay, and annual bonuses linked to individual and company performance[165]. Strategic Initiatives and Future Plans - The company plans to expand its marketing efforts to achieve more industry breakthroughs and continue innovation in foundational software[135]. - The company will upgrade key products and technologies in cloud-native low-code platforms, intelligent data middle platforms, and full-stack middleware to support industry digital transformation[136]. - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of 500 million RMB allocated for this purpose[147]. - The company has implemented a three-year shareholder dividend return plan (2022-2024) to ensure reasonable returns for investors[195]. Environmental and Social Responsibility - The company actively promotes low-carbon practices among employees, including energy management and resource conservation initiatives[190]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[187]. - The company donated RMB 200,000 to the University of Science and Technology of China for educational support during the reporting period[193].

Financial Performance - The company's operating revenue for Q1 2023 was ¥66,799,724, representing a year-on-year increase of 35.25%[5] - The net profit attributable to shareholders was a loss of ¥21,898,829.40, with a basic and diluted earnings per share of -¥0.239[5] - Total operating revenue for Q1 2023 was CNY 66,799,724, an increase of 35.4% compared to CNY 49,388,523 in Q1 2022[17] - Net loss for Q1 2023 was CNY 21,898,829.40, compared to a net loss of CNY 20,618,261.36 in Q1 2022, representing a decline of 6.2%[18] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.239, compared to CNY -0.224 in Q1 2022[19] - The company reported a gross profit margin of approximately 40.5% for Q1 2023, compared to 32.0% in Q1 2022[28] Cash Flow - The company reported a net cash flow from operating activities of -¥78,520,374.43[5] - Cash flow from operating activities for Q1 2023 was a net outflow of CNY 78,520,374.43, slightly worse than the net outflow of CNY 76,947,558.61 in Q1 2022[21] - The net cash flow from investment activities for Q1 2023 was a loss of CNY 55,991,208.64, an improvement from a loss of CNY 214,487,816.28 in Q1 2022[21] - The net cash flow from operating activities for Q1 2023 was -77,226,663.57 RMB, compared to -80,941,364.18 RMB in Q1 2022, showing a slight improvement[33] - The total cash and cash equivalents decreased by 134,882,732.23 RMB in Q1 2023, compared to a decrease of 309,037,357.78 RMB in the same period last year[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥983,935,993.97, down 3.61% from the end of the previous year[6] - The company's cash and cash equivalents were reported at ¥172,822,697.81, down from ¥309,857,966.28, indicating a decrease of about 44.2%[14] - The total current liabilities decreased to ¥127,930,508.54 from ¥144,490,061.42, representing a reduction of approximately 11.4%[16] - The company's total liabilities decreased to CNY 184,438,938 in Q1 2023, down 14.1% from CNY 214,576,130 in Q4 2022[25] - The total assets as of March 31, 2023, were CNY 1,057,174,824, a decrease of 3.3% from CNY 1,093,583,610 at the end of 2022[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,653[10] - The largest shareholder, Liu Yadong, holds 23.87% of the shares, totaling 22,771,802 shares[10] - The company held 3,582,387 shares in its repurchase account, accounting for 3.76% of the total share capital[14] Research and Development - Research and development expenses totaled ¥22,081,959.89, accounting for 33.06% of operating revenue, a decrease of 3.76 percentage points compared to the previous year[6] - Research and development expenses for Q1 2023 were CNY 15,638,932, an increase of 17.0% compared to CNY 13,354,891 in Q1 2022[28] Market Strategy - The company is actively expanding its market presence by focusing on the digital economy and innovation strategies[8]

Group 1: Company Overview - Puyuan Information Technology Co., Ltd. is a leading provider of middleware products and solutions in China, focusing on industries such as finance, telecommunications, and energy [1] - The company aims to support the development of a self-controllable software infrastructure for its clients, enhancing their digital transformation capabilities [1] Group 2: Revenue Structure - In 2021, the revenue from the software infrastructure platform business reached 304 million CNY, accounting for 69.63% of total revenue [2] - Revenue from application development based on the software infrastructure platform was 133 million CNY, representing 30.37% of total revenue [2] Group 3: Market Position and Competitive Advantage - The company's products have been validated in over a thousand large-scale, critical projects across key industries, showcasing their performance, maturity, and reliability [2] - Puyuan's innovative product positioning, diverse product portfolio, and unique customization capabilities are key differentiators that enable the company to benefit from the growing market for digital transformation [2] Group 4: Industry Trends and Future Outlook - The financial sector is expected to see rapid growth in IT investment and digital transformation, driven by the ongoing push for self-controllable systems [3] - The company has established long-term trust with major clients in finance and telecommunications, which is a significant competitive advantage [3] Group 5: Talent Management - The company implements systematic talent incentive measures, including stock option plans and training programs, to build a professional and capable workforce [3]

Financial Performance - In 2021, the company achieved a revenue of CNY 436.43 million, representing a year-on-year growth of 20.99% [1] - The net profit attributable to shareholders was CNY 39.13 million, with a year-on-year increase of 24.74% [1] - After excluding share-based payment expenses, the net profit attributable to shareholders rose to CNY 42.55 million, up 35.65% year-on-year [1] - The net cash flow from operating activities was CNY 66.79 million, a significant increase of 262.08% compared to the previous year [1] Sales and Market Distribution - Direct sales accounted for 84.41% of total revenue in 2021 [2] - Revenue from the financial sector reached CNY 219 million, growing by 17.71% and constituting 50.19% of total revenue [2] - Revenue from telecommunications, energy, government, and manufacturing sectors also saw over 15% growth year-on-year [2] - The company’s products primarily include middleware and intelligent data platforms, which generated CNY 304 million in revenue, accounting for 69.63% of total revenue with a gross margin of 61.78% [2] Research and Development - R&D expenses for 2021 were CNY 75.20 million, reflecting a growth of 32.51% year-on-year [2] - The company focuses on full-stack middleware, intelligent data platforms, and digital applications, ensuring comprehensive coverage of mainstream business and technical middleware [2] Shareholder Returns - The proposed profit distribution plan for 2021 includes a cash dividend of CNY 5.00 per 10 shares, totaling CNY 45.91 million [3] - The company has executed two share repurchase plans, buying back a total of 3.58 million shares, indicating confidence in future business development [3] 2022 Business Outlook - The company plans to continue focusing on industry innovation and digital transformation, with a revenue of CNY 49.39 million in Q1 2022, a year-on-year increase of 26.47% [3] - However, the net profit for Q1 2022 was a loss of CNY 20.62 million, attributed to the impact of the COVID-19 pandemic and seasonal revenue characteristics [3] - The company aims to strengthen its marketing and technical teams while expanding its investment in industry innovation [3][4] Customer Base Expansion - In 2021, the company expanded its client base in the financial sector, acquiring major clients such as the China Export-Import Bank and Everbright Bank [5] - The company has also successfully entered various sectors including telecommunications, government, energy, and advanced manufacturing, serving numerous large enterprises and government institutions [5] Profitability Trends - The overall gross margin for 2021 was approximately 54.74%, with the software platform business achieving a gross margin of 61.78% and application development services at 38.62% [6] - Future trends indicate an upward trajectory in gross margin levels due to ongoing digital transformation and industry innovation [6]

普元信息技术股份有限公司 投资者关系活动记录表 （2022 年 6 月） 证券简称：普元信息 证券代码：688118 | --- | --- | --- | --- | |--------------------|-------------------------------|------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动类别 | 特定对象调研 \n 新闻发布会 | 分析师会议 \n路演活动 | 媒体采访 业绩说明会 \n现场参观 其他 腾讯会议 | | 参与单位名称 | 华创证券有限责任公司 | 王文龙 | | | 时间 | 2022 年 6 月 28 日 | | | | 地点 | 腾讯会议 | ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥112,271,597.01, representing a year-on-year increase of 23.24%[5] - The net profit attributable to shareholders was -¥831,808.33, a decrease of 111.83% compared to the same period last year[5] - The basic earnings per share for the reporting period was -¥0.009, a decline of 112.24% compared to the same period last year[6] - Net profit for Q3 2022 was -¥28,352,208.94, a significant decline from -¥3,118,819.90 in Q3 2021[22] - Net profit for the first three quarters of 2022 was CNY -7,831,865.68, down from CNY 10,827,799.51 in the same period of 2021, indicating a significant decrease[32] - The company reported a total comprehensive income of -CNY 7,831,865.68 for the third quarter of 2022, compared to CNY 10,827,799.51 in the same quarter of 2021, indicating a decline in profitability[33] Research and Development - The R&D investment totaled ¥20,556,528.36, accounting for 18.31% of operating revenue, a decrease of 2.69 percentage points year-on-year[6] - Research and development expenses increased to ¥57,220,975.69 in Q3 2022, compared to ¥46,613,446.64 in Q3 2021, reflecting a growth of 22.5%[21] - Research and development expenses for the first three quarters of 2022 were CNY 45,997,150.68, compared to CNY 43,141,448.24 in the same period of 2021, indicating an increase of approximately 4.3%[31] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥85,763,839.59, indicating a significant cash outflow[6] - The net cash flow from operating activities for the first three quarters of 2022 was -CNY 80,667,349.33, compared to -CNY 20,519,911.39 in the same period of 2021, indicating a decline in operational performance[33] - Cash and cash equivalents at the end of Q3 2022 stood at ¥308,927,533.33, compared to ¥91,306,561.78 at the end of Q3 2021[26] - The company's cash and cash equivalents were RMB 311,091,759.33, down from RMB 549,928,771.91 at the end of 2021, representing a decline of approximately 43.4%[16] - The cash outflow from operating activities totaled CNY 384,382,020.86, up from CNY 321,641,193.21 in the previous year, representing an increase of approximately 19.5%[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥977,229,437.55, reflecting a decrease of 9.47% from the end of the previous year[6] - As of September 30, 2022, the company's total assets amounted to RMB 977,229,437.55, a decrease from RMB 1,079,482,890.38 at the end of 2021[16] - The company's total liabilities decreased to RMB 133,606,181.48 from RMB 154,220,943.45, reflecting a decline of approximately 13.3%[18] - Total liabilities as of September 30, 2022, were CNY 179,830,153.39, down from CNY 220,531,095.77 in the previous year[29] - The company's total equity attributable to shareholders decreased to RMB 843,623,256.07 from RMB 925,261,946.93, a decline of approximately 8.8%[18] Inventory and Receivables - The inventory increased significantly to RMB 65,948,556.97 from RMB 25,674,648.59, marking an increase of about 157.5%[16] - The company's accounts receivable rose slightly to RMB 195,412,855.25 from RMB 192,057,001.78, indicating a growth of approximately 1.8%[16] - Accounts receivable increased slightly to CNY 197,725,646.40 from CNY 193,371,763.74, showing a growth of about 2.3%[28] - The company's other receivables increased to RMB 6,931,678.27 from RMB 4,120,213.74, representing an increase of about 68.3%[16] Investment Activities - The company reported a total cash inflow from investment activities of ¥1,437,749,007.54 in the first three quarters of 2022, up from ¥1,332,052,996.90 in the previous year[25] - The net cash flow from investment activities was -¥89,386,236.97 in Q3 2022, an improvement from -¥209,384,300.47 in Q3 2021[25] - The total cash inflow from investment activities was CNY 1,437,749,007.54, an increase from CNY 1,332,048,371.43 in the previous year, marking an increase of about 7.9%[34] - The net cash flow from investment activities was -CNY 92,386,236.97, an improvement from -CNY 209,388,925.94 in the same period of 2021, showing a reduction in losses[34] Employee Costs - The company paid CNY 102,756,044.17 to employees in the first three quarters of 2022, which is a significant increase from CNY 63,430,175.95 in the same period of 2021, reflecting higher labor costs[33]

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 15%[13]. - The net profit for the first half of 2022 was RMB 20 million, showing a growth of 10% compared to the same period last year[13]. - The company's operating revenue for the first half of the year was approximately CNY 136.68 million, representing a year-on-year increase of 9.96% compared to CNY 124.30 million in the same period last year[21]. - The net profit attributable to shareholders of the listed company was a loss of approximately CNY 27.52 million, an increase in loss of CNY 17.37 million compared to a loss of CNY 10.15 million in the previous year[21]. - The basic earnings per share for the period was CNY -0.299, compared to CNY -0.107 in the same period last year[20]. - The company reported a total revenue of 1,000 million, with a net profit of 157.89 million, indicating a strong performance in the first half of 2022[58]. - The company reported a significant increase in investment activity, with net cash flow from investment activities rising by ¥97.69 million compared to the previous year[90]. - The company reported a total cash outflow from financing activities of 60,813,925.12 RMB, slightly down from 61,342,758.49 RMB in the previous year, indicating stable financing costs[181]. Research and Development - The company has allocated RMB 10 million for research and development in new technologies for the upcoming fiscal year[13]. - The company's R&D expenditure accounted for 26.83% of operating revenue, an increase of 4.72 percentage points from 22.11% in the previous year[20]. - Research and development (R&D) expenses totaled approximately 36.66 million yuan, representing a 33.42% increase compared to the previous year, with R&D expenses accounting for 26.83% of operating revenue, up 4.72 percentage points[54]. - The company reported a total fundraising amount of ¥641,565,000, with a net amount of ¥584,550,538.32 after deducting issuance costs[133]. - The company has established a unique iPALM R&D system that integrates the entire product management lifecycle, enhancing product development efficiency[66]. - The company is focusing on developing high-performance messaging middleware and distributed application servers to support various industries, including finance and government[10]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2023[13]. - The company is actively expanding its market presence while addressing competitive pressures from both existing and new entrants in the software industry[85]. - The company is focusing on enhancing its core competitiveness by increasing investment in innovation related to trust and innovation and digital transformation technologies[54]. - The company aims to assist clients in achieving digital transformation and business innovation through its software products and technical services[35]. - The company is implementing a new marketing strategy aimed at increasing brand awareness, with a budget increase of 15%[114]. Risk Factors and Challenges - Risk factors include potential regulatory changes in the tech industry, which could impact operational strategies[4]. - The company faces risks related to core competitiveness, operational fluctuations, and financial uncertainties, particularly in the context of a technology-intensive industry[81][82][83]. - The net cash flow from operating activities decreased by CNY 71.70 million compared to the same period last year, primarily due to delays in sales collections caused by pandemic-related restrictions[21]. - The company is closely monitoring macroeconomic conditions and potential impacts from the ongoing pandemic on its business operations[86]. Product Development and Innovation - New product development includes a low-code development platform, expected to launch in Q4 2022, aiming to capture a new customer segment[13]. - The company has developed a full-stack信创 product and solution line, supporting clients in digital transformation and technology foundation construction[47]. - The company has established over 40 key core technologies with independent intellectual property rights, including 29 authorized invention patents and 226 software copyrights[43]. - The company has completed a total of 594 product adaptations and mutual certifications, including various chip products and operating systems, to support the construction of customer trust and innovation systems[48]. Financial Management and Shareholder Returns - The company plans to distribute cash dividends of no less than 10% of the distributable profits achieved in the current year, provided that cash dividend conditions are met and the company maintains normal operations and long-term development[118]. - The company has committed to a long-term sustainable development strategy for shareholder returns, balancing business growth with comprehensive shareholder returns over a three-year cycle[118]. - The company has established a mechanism for continuous, stable, and scientific returns to investors, taking into account shareholder opinions and external financing environments[118]. - The company will ensure that its dividend distribution policy is aligned with its operational needs and financial health, supported by an unqualified audit report[118]. Corporate Governance and Compliance - The company guarantees that the prospectus submitted for the initial public offering does not contain false records or misleading statements, and it will bear legal responsibility for its authenticity and completeness[121]. - The company will take measures to address any breaches of commitments made during its initial public offering, including timely disclosure and compensation for direct losses to investors[118]. - The company has established a stock price stabilization plan that will be activated if the stock price closes below the latest audited net asset value per share for twenty consecutive trading days[121]. - The company has committed to ensuring the accuracy and completeness of its IPO prospectus and will bear legal responsibility for any misstatements[124].

Financial Performance - The company's operating revenue for 2021 was approximately CNY 436.43 million, representing a year-on-year increase of 20.99% compared to CNY 360.72 million in 2020[21]. - The net profit attributable to shareholders for 2021 was approximately CNY 39.13 million, an increase of 24.74% from CNY 31.37 million in 2020[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 14.65 million, showing an 83.01% increase from CNY 8.01 million in 2020[21]. - The net cash flow from operating activities for 2021 was approximately CNY 66.79 million, a significant increase of 262.08% compared to CNY 18.45 million in 2020[21]. - The basic earnings per share for 2021 was CNY 0.416, reflecting a 26.44% increase from CNY 0.329 in 2020[22]. - The total assets at the end of 2021 were approximately CNY 1.08 billion, a slight decrease of 0.92% from CNY 1.09 billion at the end of 2020[21]. - The weighted average return on net assets for 2021 was 4.09%, an increase of 0.86 percentage points from 3.23% in 2020[22]. - The total non-recurring gains and losses for 2021 amounted to 244.72 million yuan, compared to 233.58 million yuan in 2020[28]. Research and Development - The R&D expenditure as a percentage of operating revenue increased to 17.23% in 2021 from 15.73% in 2020, indicating a focus on innovation[22]. - The company's R&D expenses for 2021 were 75.20 million yuan, reflecting a growth of 32.51% year-on-year[33]. - Continuous R&D investment has led to the acquisition of over 40 key core technologies and multiple patents, including 29 authorized invention patents and 218 software copyright registrations[68]. - The company has developed a comprehensive middleware application development platform, recognized by over a thousand large and medium-sized users across various industries, including finance, telecommunications, and energy[61]. - The company is committed to building a component-based technology platform and systematic R&D capabilities to support clients' digital transformation[43]. Corporate Governance - The company has established a modern corporate governance structure, including specialized committees for strategy, audit, nomination, and compensation[196]. - The internal control audit report for 2021 received a standard unqualified opinion, indicating effective internal controls[195]. - The company has established a compliance and internal control institution, enhancing its governance structure to ensure accurate and timely information disclosure[144]. - The company emphasizes investor rights protection through various communication channels, ensuring transparency and engagement[196]. - The company held multiple board meetings to discuss and approve various proposals, including the 2020 annual financial budget report and the 2021 first quarter report[162]. Market Strategy and Expansion - The company plans to continue leveraging its industry advantages to explore digital transformation opportunities for key clients and expand its market presence[23]. - The company aims to strengthen its core technology barriers and maintain a competitive advantage in foundational software[39]. - The company is focusing on expanding its market presence in sectors such as finance, telecommunications, and manufacturing through new product development and strategic partnerships[7]. - The company is positioned to benefit from the domestic market's push for localization and digital transformation, creating significant market opportunities[55]. - The company plans to distribute cash dividends of RMB 5.00 per 10 shares, totaling approximately RMB 45.91 million, which represents 117.33% of the net profit attributable to shareholders for 2021[182]. Risk Management - The company has outlined various operational risks and corresponding mitigation measures in the report[4]. - The overall economic environment remains uncertain, with potential impacts from macroeconomic policies and the ongoing COVID-19 pandemic[103]. - The company faces risks related to maintaining its core competitiveness in a technology-intensive industry, necessitating ongoing investment in R&D and talent acquisition[98]. Employee and Talent Management - The company is committed to building a talent reserve and management system through stock incentive policies and training programs, focusing on young, professional, and career-oriented personnel[141]. - The total number of employees in the parent company and major subsidiaries is 1,452, with 1,040 being technical personnel and 238 in research and development[173]. - Total compensation for R&D personnel reached ¥62,909,690.31, a 30.5% increase from ¥48,155,449.32 in the prior period[88]. Dividend Policy - The company has established a cash dividend policy, stating that it will distribute no less than 10% of the annual distributable profit in cash if conditions are met[177]. - The cash dividend policy is designed to protect the rights of minority investors, with a minimum distribution ratio of 80% for mature companies without major capital expenditures[178]. - The company has a clear and compliant cash dividend decision-making process, ensuring transparency and protection for minority shareholders[179]. Technological Innovation - The company is focusing on the development of middleware, intelligent data platforms, and digital applications to enhance its core competitiveness[33]. - The trend towards low-code development is gaining traction, driven by the need for cost reduction and efficiency in digital application development[63]. - The company is developing a cloud-native digital technology platform to support financial enterprises in deepening their digital transformation efforts[81].

Financial Performance - The company's operating revenue for Q1 2022 was ¥49,388,523.49, representing a year-on-year increase of 26.47%[5]. - Total revenue for Q1 2022 was CNY 49,388,523.49, an increase of 26.4% compared to CNY 39,050,885.13 in Q1 2021[24]. - The net loss attributable to shareholders was ¥20,618,261.36, with a basic and diluted earnings per share of -¥0.224[5][6]. - Net loss for Q1 2022 was CNY -20,618,261.36, compared to a net loss of CNY -9,954,157.34 in Q1 2021, representing a 107.0% increase in losses[25]. - Basic and diluted earnings per share for Q1 2022 were both CNY -0.224, compared to CNY -0.104 in Q1 2021[26]. - The net profit for Q1 2022 was a loss of CNY 10,704,686.16, compared to a loss of CNY 3,623,435.02 in Q1 2021, indicating a significant decline in profitability[33]. Expenses and Costs - Research and development expenses totaled ¥18,186,799.07, accounting for 36.82% of operating revenue, an increase of 4.36 percentage points year-on-year[6]. - Total operating costs for Q1 2022 were CNY 79,051,901.88, up 36.0% from CNY 58,135,367.65 in Q1 2021[24]. - The company incurred total operating costs of CNY 33,993,767.25 in Q1 2022, up from CNY 20,058,307.13 in Q1 2021, reflecting a 69.5% increase[32]. - The company's cash outflow for employee compensation increased to CNY 103,421,040.46 in Q1 2022, compared to CNY 79,765,627.26 in Q1 2021, reflecting a 29.7% increase[28]. - The cash outflow for taxes paid rose to CNY 22,475,417.41 in Q1 2022, up from CNY 18,291,438.47 in Q1 2021, indicating a 23.9% increase[28]. Cash Flow and Assets - The net cash flow from operating activities was -¥76,947,558.61, primarily due to increased personnel costs[5][10]. - The company's cash and cash equivalents amounted to RMB 244.65 million, a decrease from RMB 549.93 million at the end of 2021[21]. - The total cash and cash equivalents at the end of Q1 2022 were CNY 241,272,507.50, a decrease from CNY 409,947,581.75 at the end of Q1 2021[28]. - The company's total assets as of March 31, 2022, were CNY 1,083,626,309.10, down from CNY 1,151,033,275.96 at the end of 2021[31]. - The total liabilities decreased to CNY 175,459,510.89 from CNY 220,531,095.77 in the previous year[31]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,270[12]. - The largest shareholder, Liu Yadong, held 23.87% of the shares, totaling 22,771,802 shares[12]. - The company completed the second phase of share repurchase, acquiring 2,152,426 shares, representing 2.26% of the total share capital of 95,400,000 shares, with a total expenditure of approximately RMB 50.27 million[16]. - The company reported a total of 3,582,387 shares in its repurchase account, accounting for 3.76% of the total share capital[16]. Operational Challenges - The company faced operational challenges due to the COVID-19 situation in Shanghai, impacting project execution and revenue recognition[10]. - The company is closely monitoring the impact of COVID-19 on its operations, particularly in the Shanghai region, which may affect project timelines and budgets[19]. Incentive Plans - The company plans to use the repurchased shares for employee stock ownership plans or equity incentives, with a total repurchase budget between RMB 50 million and RMB 70 million[15]. - The company aims to attract and retain talent through its incentive mechanisms, which include granting restricted stock to key employees[17]. - The company has adjusted the grant price for its 2021 restricted stock incentive plan from RMB 21.00 to RMB 20.70 per share[18].