Financial Performance - The company's revenue for Q3 2021 reached ¥240,967,452, representing a 46.88% increase year-over-year[6]. - Net profit attributable to shareholders for Q3 2021 was ¥48,980,850, reflecting a 92.33% increase compared to the same period last year[6]. - The net profit excluding non-recurring items for Q3 2021 was ¥46,481,084, marking a 115.53% increase year-over-year[6]. - Basic and diluted earnings per share for Q3 2021 were both ¥0.66, an increase of 43.48% from the previous year[9]. - Total operating revenue for the first three quarters of 2021 reached ¥696,076,503.61, a significant increase from ¥412,819,198.06 in the same period of 2020, representing a growth of approximately 68.6%[34]. - Net profit for the third quarter of 2021 was ¥143,926,979.85, compared to ¥70,656,124.23 in the third quarter of 2020, indicating an increase of about 103.5%[37]. - Total comprehensive income attributable to the parent company reached CNY 143,826,673.27, compared to CNY 70,413,433.83 in the previous year, reflecting a significant increase[39]. - Basic and diluted earnings per share were both CNY 2.32, up from CNY 1.27 year-over-year[39]. Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥2,166,740,855.55, a 152.87% increase compared to the end of the previous year[9]. - Total current assets reached ¥1,691,370,821.32, compared to ¥636,633,878.93 in the previous year[29]. - Non-current assets totaled ¥475,370,034.23, up from ¥220,209,513.46 at the end of 2020[29]. - Total liabilities amounted to ¥390,006,372.07, up from ¥329,033,685.23, reflecting a growth of approximately 18.5%[32]. - The total non-current liabilities reached ¥222,772,687.29, a significant increase from ¥34,274,413.02, indicating a growth of around 549.5%[32]. - Shareholders' equity amounted to 527,809,707.16, a decrease of 3,763,285.91 from the last reporting period[51]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥20,639,578.34, showing a 12.80% decrease[9]. - Cash inflow from operating activities totaled CNY 721,803,950.77, compared to CNY 435,294,408.47 in the same period last year, indicating a growth of approximately 65.9%[43]. - Cash outflow from operating activities was CNY 701,164,372.43, resulting in a net cash flow from operating activities of CNY 20,639,578.34, down from CNY 23,668,701.86 in the previous year[43]. - The ending balance of cash and cash equivalents was CNY 1,230,868,931.51, up from CNY 218,749,808.02 year-over-year[45]. - The company reported a decrease in cash flow from operating activities compared to the previous year, indicating potential challenges in operational efficiency[43]. Research and Development - The total R&D investment for Q3 2021 was ¥25,798,102.57, up 44.56% year-over-year[9]. - The proportion of R&D investment to revenue was 10.71%, a decrease of 0.17 percentage points compared to the previous year[9]. - Research and development expenses for the third quarter of 2021 were ¥68,923,395.62, compared to ¥46,432,112.01 in the same quarter of 2020, representing an increase of approximately 48.5%[34]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,589[18]. - The largest shareholder, Shanghai Anxu Information Technology Co., Ltd., holds 24,480,000 shares, accounting for 32.93% of total shares[21]. - The top ten shareholders include various investment funds, with the largest being China Industrial Bank's mixed securities investment fund holding 1,057,946 shares[21]. Future Plans - The company plans to continue expanding its business and increasing R&D capabilities to support growth[17]. - The company has plans for market expansion and new product development, as indicated by the increase in fixed assets and ongoing projects[29]. - The company is focusing on expanding its market presence and enhancing its product offerings through strategic investments and partnerships[45].

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with a total revenue of 500 million RMB, representing a 25% year-over-year growth[2]. - The company reported a significant increase in revenue, achieving a total of RMB 500 million for the first half of 2021, representing a 25% year-over-year growth[17]. - The company's operating revenue for the first half of the year reached approximately ¥455.11 million, representing an increase of 82.95% compared to the same period last year[25]. - Net profit attributable to shareholders increased by 110.23% to approximately ¥95.00 million, while the net profit excluding non-recurring items rose by 115.73% to approximately ¥93.63 million[25]. - The total revenue for the first half of 2021 reached RMB 12,850 million, with a net profit of RMB 4,312.53 million, representing a significant increase compared to the previous period[77]. - The company achieved a revenue of 1,000.00 million with a net profit of 536.63 million, reflecting a growth of 18.5% compared to the previous period[74]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[2]. - The company is expanding its market presence in Europe and North America, with plans to establish new partnerships and distribution channels[17]. - The company is focusing on expanding its market presence through innovative drug development and strategic partnerships[59]. - The company aims to enhance its market position by developing proprietary APIs with intellectual property protection[74]. - The company is actively pursuing potential acquisitions to enhance its product portfolio and market reach, with a focus on complementary businesses[17]. Research and Development - The company has allocated 100 million RMB for research and development in 2021, a 30% increase from the previous year[2]. - Research and development expenses increased by 20%, totaling RMB 100 million, reflecting the company's commitment to innovation and new technology development[17]. - The total R&D expenditure for the reporting period was CNY 43,125,293.05, representing a 50.86% increase compared to CNY 28,586,146.13 in the previous period[63]. - The company has established six core technology platforms, including HPAPI development and multi-chiral complex drug technology platforms, leveraging advanced synthesis and purification techniques[55]. - The company has developed over 100 types of active pharmaceutical ingredients (APIs) and intermediates, with 90 products ready for industrialization, covering areas such as oncology, antiviral, diabetes, and cardiovascular diseases[37]. Product Development and Innovation - New product development is underway, with three new drug candidates expected to enter clinical trials by the end of 2021[2]. - The company has successfully launched two new innovative drugs, which are expected to contribute significantly to future revenues[17]. - The company has developed high-technical-barrier products such as Airibulin and Quercetin, which are recognized for their complex synthesis challenges[52]. - The company has synthesized hundreds of novel compounds related to COVID-19, enhancing its capabilities in antiviral research and drug development[75]. - The company is focusing on expanding its product line in the antiviral and inflammation-immunity sectors, strengthening its competitive advantage in the pharmaceutical industry[75]. Financial Stability and Investment - The company maintains a strong cash position with 300 million RMB in cash reserves, ensuring financial stability for future investments[2]. - The company raised a total of ¥1,208.814 million in its IPO, with net proceeds of ¥1,108.194 million after deducting issuance costs[89]. - The company has established a fundraising management system to ensure proper use and oversight of raised funds[198]. - The company has committed to improving the stability and supply of its products to meet market demands[74]. - The company has implemented a strict inventory impairment policy, which may impact future performance if inventory growth outpaces revenue growth, particularly for low-turnover products[120]. Risk Management - The management has identified potential risks, including regulatory changes and market competition, and has outlined mitigation strategies[2]. - The company faces risks related to talent retention, market competition, and regulatory changes in the pharmaceutical industry, which could impact future performance[122][127]. - The company has committed to fulfilling various promises related to share restrictions, with compliance confirmed[155]. - The company has established measures to stabilize its stock price, which will be activated if the stock price falls below the latest audited net asset value for 20 consecutive trading days[179]. Corporate Governance and Compliance - The company has not disclosed any measures taken to reduce carbon emissions during the reporting period[153]. - The company has implemented strict internal environmental management standards, ensuring pollutant emissions comply with legal limits[151]. - The company has established a long-term commitment to its shareholders, ensuring transparency and accountability[158]. - The company will disclose the implementation status of stock price stabilization measures in regular reports and will apologize to shareholders and the public if such measures are not taken[190]. - The company has not reported any changes in the status of its environmental information disclosures during the reporting period[152].