Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year 2022, representing a growth of 15% compared to the previous year[24]. - The company's operating revenue for 2022 reached ¥658.08 million, representing a year-on-year increase of 25.44%[27]. - Net profit attributable to shareholders was ¥163.92 million, an increase of 6.36% compared to the previous year[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥155.55 million, up 8.80% year-on-year[27]. - The company reported a net loss of ¥1.57 million in the first quarter of 2022, with a recovery in subsequent quarters leading to a total net profit of ¥109.51 million in the fourth quarter[31]. - The company achieved operating revenue of 658.08 million yuan, a year-on-year increase of 25.44%[39]. - The net profit attributable to the parent company was 163.92 million yuan, reflecting a year-on-year growth of 6.36%[39]. - The company reported a total shareholding increase of 11,232,000 shares for the chairman, Li Wei, resulting in a year-end holding of 34,632,000 shares[190]. - The overall financial health of the company remains robust, positioning it well for future opportunities[193]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 150 million RMB for the development of new technologies and products in 2023[24]. - Research and development expenses for the year amounted to 133.71 million yuan, representing a year-on-year increase of 33.07% and accounting for 20.32% of total revenue[40]. - The company has achieved CMMI Level 5 certification, indicating advanced project R&D capabilities and standardized management[106]. - The total R&D expenditure for the current year is approximately ¥133.71 million, representing a 33.07% increase from the previous year's ¥100.48 million[95]. - The number of R&D personnel increased by 39.94%, reaching a total of 431 employees, contributing to the rise in R&D expenses[97]. - The company is focusing on integrating domestic security algorithms and technologies to meet national strategic requirements for cybersecurity[64]. - The company is actively developing new technologies, including zero-trust boundary security and data privacy protection technologies, with multiple patents filed and granted[16][17]. Market Expansion and Strategy - The company has set a revenue guidance for 2023, projecting an increase of 10% to 1.32 billion RMB[24]. - Market expansion plans include entering two new international markets by Q3 2023, aiming for a 5% market share in each[24]. - The company is exploring potential acquisitions to enhance its product offerings, with a target of identifying at least two candidates by the end of Q2 2023[24]. - The company plans to enhance its marketing strategy, allocating 50 million RMB for digital marketing initiatives in 2023[24]. - The company aims to improve data security measures, with an investment of $50 million in cybersecurity infrastructure[81]. - The company plans to expand horizontally in the information security sector while ensuring steady growth in commercial password segments[167]. - The company is focusing on new product development and technological advancements to enhance market competitiveness[193]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[6]. - The board of directors has confirmed that all members attended the board meeting, ensuring the integrity of the annual report[5]. - 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 regarding external guarantees[8]. - The company has confirmed that there are no governance special arrangements or significant matters applicable[8]. - The company has established a robust internal control system to enhance risk prevention capabilities and ensure compliance with regulations[184]. - The company is committed to maintaining compliance with regulatory requirements regarding major asset restructuring[188]. Shareholder and Executive Compensation - The total pre-tax remuneration for Li Wei was 739,600 CNY, while Wang Yixin received 679,600 CNY[190]. - The total remuneration for independent directors was reported at 50,000 CNY each, indicating a consistent compensation structure[190]. - Total compensation for all directors, supervisors, and senior management at the end of the reporting period amounted to 631.99 thousand yuan[200]. - Total compensation for core technical personnel at the end of the reporting period amounted to 421.83 thousand yuan[200]. Risk Factors - The company has outlined various risks in its operations, which are detailed in the report's section on risk factors[4]. - The company faces risks related to core technology personnel turnover and market demand changes, which could impact its competitive edge[117][116]. - The company is committed to maintaining a high-quality talent pipeline through enhanced recruitment and training programs[114]. Product Development and Innovation - The company has achieved significant advancements in disaster recovery and clustering technologies, with 5 invention patents authorized, ensuring high performance and reliability in its products[84]. - The company has developed a high-performance network product architecture technology, resulting in 8 authorized invention patents, ensuring product stability and reliability[86]. - The company has made progress in AI-based user behavior analysis technology, which is now used in various security systems, with 1 patent pending[88]. - The company is prioritizing cybersecurity and information safety in its research and development initiatives, aligning with market demands[192]. User Growth and Engagement - User data showed a growth in active users, reaching 5 million by the end of 2022, which is a 20% increase year-over-year[24]. - The company reported a significant increase in user data, with a total of 1 million new users added in Q4 2022, representing a growth of 25% year-over-year[80]. - The user base expanded significantly, contributing to a growth rate of 801.33% year-over-year[193].

证券代码：688201 证券简称：信安世纪 北京信安世纪科技股份有限公司投资者关系活动记录表 编号：2022-024 | --- | --- | --- | --- | |-----------------------------|----------------------------------------|------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系 \n活动类别 | √特定对象调研 \n□媒体采访 | □新闻发布会 □其他 | □分析师会议 □现场参观 \n□业绩说明会 □路演活动 \n（请文字说明其他活动内容） | | 来访人单位、姓名 | | ...

证券代码：688201 证券简称：信安世纪 北京信安世纪科技股份有限公司投资者关系活动记录表 编号：2022-017 | --- | --- | --- | |------------------|----------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------| | | √特定对象调研 | □分析师会议 □现场参观 | | 投资者关系 | □媒体采访 | □业绩说明会 □路演活动 | | 活动类别 | □新闻发布会 □其他 | （请文字说明其他活动内容） | | 来访人单位、姓名 | 中欧基金：张晔，华创证券：王文龙 | | | 日期、时间 | 2022 年 5 月 10 日下午 | 15:00 | | 地点 | 通讯方式 | | | 接待人员 | 董事会秘书丁纯、证券事务代表李明霞 | | | ...

2022 年第三季度报告 证券代码：688201 证券简称：信安世纪 北京信安世纪科技股份有限公司 2022 年第三季度报告 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。 第三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 | 年初至报告期末 | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 上年同期增 | | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 140,647,930.94 | 34.78 | 311,218,49 ...

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[1]. - The company reported a significant increase in revenue for the first half of 2022, achieving a total of RMB 500 million, representing a 25% year-over-year growth[12]. - The company achieved a revenue of 170.57 million yuan in the first half of 2022, representing a year-on-year growth of 10.99%[56]. - Total revenue for the first half of 2022 reached 73,338,106, with a net profit of 21,544,223, representing a year-on-year increase of 24.86%[119]. - The company’s net profit attributable to shareholders for the first half of the year was 25.2965 million yuan, a decrease of 13.73% year-on-year, primarily due to increased depreciation of 5.32 million yuan and R&D expenses of 8.1399 million yuan[57]. User Growth and Market Expansion - User data indicates a growth in active users, reaching 1.2 million, which is a 20% increase compared to the previous year[1]. - User data showed an increase in active users, reaching 1.2 million, which is a 15% increase compared to the previous period[12]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[1]. - Market expansion plans include entering two new provinces, aiming for a 10% market share in these regions by the end of 2023[12]. Product Development and Innovation - New product development includes the launch of a cybersecurity solution expected to generate an additional 50 million CNY in revenue by the end of 2022[1]. - New product launches are expected to contribute an additional RMB 100 million in revenue by the end of 2022[12]. - The company has expanded its product offerings to include six major product lines: identity security, communication security, data security, mobile security, cloud security, and platform security[25]. - The company emphasizes a self-developed and innovative strategy for product development, focusing on market demand and technological innovation[29]. Research and Development - The company has invested 100 million CNY in research and development for new technologies in data security[1]. - The company's R&D expenditure accounted for 31.74% of operating revenue, an increase of 1.8 percentage points compared to the previous year[20]. - The company achieved a total R&D investment of ¥54,147,439.22, representing a 17.69% increase compared to ¥46,007,508.41 in the same period last year[45]. - The company filed for 93 new patents during the reporting period, with 61 granted, bringing the cumulative total to 463 applications and 391 grants[45]. Financial Position and Cash Flow - The company's total assets decreased by 2.48% to CNY 1,178,664,650.33 from CNY 1,208,653,633.15 at the end of the previous year[19]. - The net cash flow from operating activities improved by 10.06%, reaching -CNY 53,872,850.13 compared to -CNY 59,901,615.68 in the previous year[19]. - Cash and cash equivalents increased to RMB 172,495,207.43 from RMB 105,790,742.81, representing a growth of approximately 63%[133]. - The total current assets decreased to RMB 600,291,025.14 from RMB 624,973,874.15, showing a decline of about 3.9%[133]. Strategic Acquisitions and Partnerships - A strategic acquisition of a local cybersecurity firm was completed, which is projected to enhance the company's service offerings and increase revenue by 30 million CNY annually[1]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of RMB 200 million allocated for potential mergers and acquisitions[12]. - The company is actively involved in the integration of new generation information technologies, such as 5G and IoT[34]. Risk Management and Compliance - The company has identified potential risks related to regulatory changes in the cybersecurity sector, which may impact future growth[1]. - The company is committed to improving data security management and compliance with relevant laws and regulations[36]. - Various government departments have introduced policies and regulations to ensure compliance with network information security requirements[33]. Operational Efficiency and Management - Operating expenses increased by 5% to 200 million CNY, primarily due to higher marketing costs associated with new product launches[1]. - The company has implemented a new marketing strategy focusing on digital channels, which is expected to increase customer engagement by 30%[12]. - The company has established a complete supply chain system for procurement, ensuring stable supplier relationships and adherence to environmental standards like RoHS[30]. Shareholder and Equity Information - The largest shareholder, Li Wei, holds 34,632,000 shares, accounting for 25.13% of the total shares[122]. - The company plans to lift restrictions on shares held by major shareholders, including Li Wei, who will have 34,632,000 shares post-release[116]. - The total number of shares held by non-state-owned legal entities decreased from 31,814,406 to 15,997,146, a decline of approximately 49.8%[114]. Future Outlook - The company has provided a forward guidance of 10% revenue growth for the second half of 2022, anticipating total revenue to reach approximately 550 million CNY[1]. - The company provided a positive outlook for the second half of 2022, projecting a revenue growth of 20% to 30%[12]. - Future guidance indicates a positive outlook with expected revenue growth driven by increased market demand and product diversification[123].

Financial Performance - The company's operating revenue for Q1 2022 was ¥64,012,858.89, representing a year-on-year increase of 31.53%[5] - The net profit attributable to shareholders was -¥1,565,047.52, a decrease of 506.33% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥3,063,064.28, reflecting a decrease of 33.77% year-on-year[5] - Basic and diluted earnings per share were both -¥0.0168, a decrease of 354.75% year-on-year[6] - Total operating revenue for Q1 2022 was CNY 64,012,858.89, an increase of 31.5% compared to CNY 48,669,133.72 in Q1 2021[19] - Total operating costs for Q1 2022 were CNY 70,699,337.96, up 13.8% from CNY 62,190,142.12 in Q1 2021[19] - Net loss for Q1 2022 was CNY 1,601,525.68, an improvement from a net loss of CNY 3,298,108.34 in Q1 2021[20] - The total comprehensive income for the first quarter of 2022 was CNY 19,892,502.69, compared to CNY 9,013,470.86 in the same period of 2021, indicating a significant increase[32] Cash Flow - The net cash flow from operating activities was -¥34,299,951.49, a decline of 76.80% compared to the previous year[6] - Cash flow from operating activities showed a net outflow of CNY -34,299,951.49 in Q1 2022, worsening from CNY -19,400,868.38 in Q1 2021[24] - The net cash flow from operating activities was negative at CNY -22,365,533.85, an improvement from CNY -26,419,739.61 in the first quarter of 2021[33] - Cash inflows from operating activities amounted to CNY 75,696,365.12, up from CNY 50,043,735.22 year-over-year, reflecting a growth of approximately 51.4%[33] - The company reported a net cash flow from investing activities of CNY 48,341,446.30, compared to a negative cash flow of CNY -21,707,962.26 in Q1 2021[28] - Cash inflows from investment activities totaled CNY 136,338,748.45, compared to CNY 66,949,096.97 in the previous year, representing an increase of about 103.5%[34] - The net cash flow from investment activities was CNY 42,306,623.45, a significant rise from CNY 1,055,981.17 in Q1 2021[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,158,862,715.81, down 4.12% from the end of the previous year[6] - Total current assets decreased from CNY 624,973,874.15 to CNY 580,472,258.75, a decline of approximately 7.1%[16] - Total liabilities decreased from CNY 172,425,381.62 to CNY 124,400,410.59, a decline of about 28.0%[17] - Total liabilities amounted to CNY 132,919,905.40 as of Q1 2022, a decrease from CNY 182,227,905.36 in the previous year[18] - The total liabilities as of March 31, 2022, were CNY 128,983,075.57, down from CNY 157,512,193.18 at the end of 2021[29] - Total assets decreased from CNY 1,208,653,633.15 to CNY 1,158,862,715.81, a decline of about 4.1%[17] Research and Development - Research and development expenses totaled ¥26,235,534.48, accounting for 40.98% of operating revenue, a decrease of 6.63 percentage points from the previous year[6] - Research and development expenses increased to CNY 26,235,534.48 in Q1 2022, compared to CNY 23,172,901.71 in Q1 2021, reflecting a growth of 13.3%[20] - Research and development expenses for Q1 2022 were CNY 8,987,707.47, slightly down from CNY 9,631,368.94 in Q1 2021[31] Inventory and Other Assets - The company reported a significant increase in inventory from CNY 65,211,822.64 to CNY 78,261,118.61, an increase of approximately 20.0%[16] - The company’s inventory increased to CNY 74,540,007.37 in Q1 2022 from CNY 61,260,423.31 in Q1 2021, reflecting a growth of 21.6%[28] Management and Future Outlook - The company has no new product launches or technological developments reported in this quarter[15] - There are no mergers or acquisitions mentioned in the current report[15] - Future outlook and performance guidance were not provided in the conference call[15] - The company's management indicated ongoing efforts in new product development and market expansion strategies, although specific details were not provided in the financial documents[32] Tax and Refunds - The company experienced a delay in receiving VAT refunds, which impacted net profit and cash flow[10] - The company received CNY 1,165,503.92 in tax refunds during the first quarter, down from CNY 8,139,265.33 in the same period last year[33]

Financial Performance - The company reported a total undistributed profit of RMB 290,413,075.80 as of December 31, 2021, with a consolidated undistributed profit of RMB 282,659,202.24[7]. - The proposed cash dividend distribution is RMB 5.00 per 10 shares, totaling RMB 46,563,878, which represents 30.21% of the net profit attributable to shareholders for the year 2021[7]. - The company has not yet achieved profitability since its listing[5]. - The company reported a significant increase in revenue for the year 2021, with total revenue reaching RMB 1.2 billion, representing a growth of 25% compared to the previous year[15]. - The company's operating revenue for 2021 was RMB 524,604,415.42, representing a year-on-year increase of 26.02% compared to RMB 416,302,460.58 in 2020[22]. - The net profit attributable to shareholders of the listed company reached RMB 154,126,856.05, a significant increase of 43.63% from RMB 107,307,245.67 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 142,967,479.91, up 40.54% from RMB 101,725,587.48 in 2020[22]. - The company reported a quarterly revenue of RMB 266,567,271.00 in Q4 2021, contributing significantly to the annual total[25]. - The company reported a significant increase in user data, with a growth rate of 25% year-over-year in active users[55]. - The revenue for the fiscal year reached $1.2 billion, representing a 15% increase compared to the previous year[56]. - The company reported a revenue of $1.5 billion for Q3 2023, representing a 15% year-over-year increase[134]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year, representing a growth of 15% year-over-year[135]. Research and Development - Research and development expenses increased to RMB 200 million, accounting for 16.7% of total revenue, reflecting the company's commitment to innovation[15]. - The company's R&D expenditure accounted for 19.15% of operating revenue, slightly down from 19.60% in 2020[23]. - The company achieved a total R&D investment of ¥100,482,386.19 in the current year, representing a 23.15% increase from ¥81,594,553.26 in the previous year[62]. - The company has increased its R&D investment and talent acquisition to maintain its competitive edge, resulting in a strong technological and research advantage in the password industry[54]. - The company is investing $200 million in R&D for new technologies aimed at enhancing product features[134]. - Investment in research and development has increased by 30%, focusing on innovative technologies and product enhancements[132]. - The company has filed for several new patents, including ZL202111334558.X, aimed at improving cloud security solutions[55]. - The company has obtained a total of 120 patents, with 39 new patents granted in 2021[179]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 10% increase in market share by the end of 2022[15]. - The company plans to enhance its digital marketing efforts, aiming for a 25% increase in online sales channels by the end of 2022[15]. - The company is actively expanding its product applications across various sectors, including government and enterprise, thereby diversifying its market reach and increasing its overall market share[50]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share within the next two years[136]. - A strategic acquisition of a smaller tech firm is expected to be finalized by Q2 2024, which will enhance the company's technological capabilities[132]. - The company completed an acquisition of a smaller tech firm for $500 million to enhance its product offerings[134]. - The company has established long-term and stable partnerships with over 400 banks, including major institutions like the People's Bank of China and China Merchants Bank, as well as more than 30 foreign and Taiwan-funded banks[73]. Operational Efficiency - The company has successfully reduced operational costs by 10% through efficiency improvements and process optimization[15]. - Operating expenses have been managed effectively, resulting in a 5% reduction compared to the previous fiscal year[133]. - The company achieved a gross profit margin of 72.61% across its main business segments, with a year-on-year increase of 1.85%[88]. - Operating costs grew by 20.13% year-on-year, primarily due to the proportional increase in sales revenue[85]. Corporate Governance - The company operates with a governance structure that complies with relevant laws and regulations, ensuring shareholder rights are protected[122]. - The second board of directors consists of 7 members, including 3 independent directors, complying with relevant laws and regulations[123]. - The supervisory board increased from 3 to 5 members, with 4 being employee representatives, ensuring compliance with legal requirements[123]. - The company has established a comprehensive corporate governance structure to protect shareholder and creditor rights, ensuring fair and transparent information disclosure[168]. - The company has strengthened the management of insider information and improved the review process for external information disclosure[123]. Risk Management - The company has outlined various operational risks in the report, which can impact future performance[5]. - The company faces risks related to the loss of core technical personnel and potential technology leaks, which could adversely affect its R&D and operational capabilities[77]. - The competitive landscape in the information security industry is intensifying, with potential new entrants leveraging advanced technologies, which could pressure the company's profit margins[81]. - The company benefits from government support and tax incentives, but changes in tax policies or economic downturns could negatively impact its operations and client IT investment budgets[82]. Customer Engagement and Satisfaction - The company achieved a customer satisfaction rate of 92%, reflecting improvements in service and product quality[132]. - Customer satisfaction ratings improved by 18%, reflecting the success of recent service enhancements[56]. Sustainability and Social Responsibility - The company is committed to sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025[132]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[163]. - The company actively recruits disabled individuals, with 3 disabled employees making up 0.379% of the total workforce[174]. Employee Development - The company has established a strategic compensation management system to attract and retain talent, including differentiated compensation strategies for different functions[150]. - The company emphasizes employee training and development, providing various training programs and a dual promotion channel for management and technical staff[170]. - The average salary for R&D personnel increased to ¥276,090.00 from ¥244,388.65, reflecting the company's commitment to attracting skilled professionals[68].

Financial Performance - The company's operating revenue for Q3 2021 was ¥104,357,431.56, representing a year-over-year increase of 30.25%[4] - The net profit attributable to shareholders for Q3 2021 was ¥20,205,560.34, up 6.91% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥39,717,784.30, reflecting a 58.84% increase year-over-year[4] - Basic earnings per share for Q3 2021 were ¥0.2170, a decrease of 19.82% compared to the previous year[5] - Total revenue for the first three quarters of 2021 reached ¥258,037,144.42, an increase from ¥198,268,106.61 in the same period of 2020, representing a growth of approximately 30.1%[19] - Net profit for the third quarter of 2021 was ¥43,179,724.98, up from ¥21,969,423.29 in the same quarter of 2020, reflecting a growth of approximately 96.5%[20] - The company's total comprehensive income attributable to shareholders for the third quarter of 2021 was significantly higher than in the previous year, showcasing strong financial performance and growth potential[20] - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 49,529,044.90, compared to CNY 23,917,125.79 in Q3 2020, representing an increase of approximately 106.8%[21] - Basic and diluted earnings per share for Q3 2021 were CNY 0.5983, up from CNY 0.3424 in Q3 2020, reflecting a growth of 74.8%[21] Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥1,105,123,946.85, marking an increase of 87.37% from the end of the previous year[5] - The company's total assets as of the end of the third quarter of 2021 amounted to ¥1,105,123,946.85, compared to ¥589,817,834.38 at the end of the same period in 2020, showing an increase of about 87.5%[19] - The total liabilities for the third quarter of 2021 were ¥106,855,274.35, down from ¥161,894,767.04 in the same quarter of 2020, indicating a decrease of approximately 34%[18] - The company's equity attributable to shareholders reached ¥999,613,102.22, up from ¥422,918,177.14 in the same period of 2020, reflecting a growth of about 136%[19] Cash Flow and Investments - The company reported a cash flow from operating activities net amount of -¥44,454,381.91 for the year-to-date, indicating increased procurement costs and employee compensation[4][10] - Cash flow from operating activities for the first three quarters of 2021 was CNY -44,454,381.91, compared to CNY -8,639,505.78 in the same period of 2020, indicating a decline in cash flow[24] - Cash inflow from investment activities in the first three quarters of 2021 was CNY 502,050,135.72, significantly higher than CNY 207,901,646.97 in the same period of 2020[24] - Cash outflow from investment activities for the first three quarters of 2021 was CNY 645,921,690.47, compared to CNY 150,085,230.20 in the same period of 2020, leading to a net cash flow from investment activities of CNY -143,871,554.75[25] - The net cash flow from financing activities for the first three quarters of 2021 was CNY 517,601,664.66, compared to CNY -68,993,426.52 in the same period of 2020, indicating a positive shift in financing[25] - The ending cash and cash equivalents balance as of Q3 2021 was CNY 409,438,302.02, a significant increase from CNY 43,530,840.94 at the end of Q3 2020[25] - The company received CNY 491,400,000.00 from the recovery of investments in the first three quarters of 2021, compared to CNY 206,500,000.00 in the same period of 2020, showing a substantial increase[24] Research and Development - The company's R&D investment for Q3 2021 was ¥26,514,947.58, which is 35.98% higher than the same period last year[5] - Research and development expenses for the first three quarters of 2021 were ¥72,522,455.99, compared to ¥58,136,037.00 in 2020, representing an increase of approximately 24.8%[19] Shareholder Information - The company reported a total of 4,884,000 ordinary shares outstanding at the end of the reporting period[12] - The largest shareholder, Li Wei, holds 23,400,000 shares, representing 25.13% of total shares[12] - The company has a total of 10 major shareholders, with the top three holding a combined 43.81% of shares[12] Business Strategy and Outlook - The company did not report any significant changes in its business strategy or new product developments during the call[15] - There were no indications of mergers or acquisitions discussed in the earnings call[15] - The company emphasized its focus on maintaining liquidity and managing financial assets effectively[15] - Future guidance was not explicitly provided during the call, indicating a cautious outlook[15]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with a year-on-year growth of 25%[1] - The company reported a revenue of RMB 1.5 billion for the first half of 2021, representing a year-on-year growth of 25%[11] - The company has set a revenue guidance of RMB 3 billion for the full year 2021, indicating a projected growth of 20%[13] - The company achieved a total R&D investment of ¥46,007,508.41, representing a 19.08% increase compared to ¥38,637,148.32 in the previous period[40] - The company reported a net profit attributable to shareholders reached ¥29,323,484.56, a significant increase of 484.34% from ¥5,018,181.51 in the previous year[21] - The net profit after deducting non-recurring gains and losses was ¥23,515,481.26, up 256.56% from ¥6,595,165.22 year-on-year[21] - The company reported a total profit of ¥26,374,106.93 for the first half of 2021, compared to ¥2,253,218.50 in the same period of 2020, marking an increase of 1,067.5%[124] - The total comprehensive income for the first half of 2021 was ¥24,680,903.97, compared to ¥3,589,311.69 in the same period of 2020, reflecting a growth of 586.5%[125] User Growth and Market Expansion - User data showed an increase in active users, reaching 1.5 million, which represents a 15% growth compared to the previous period[1] - User data indicates an increase in active users by 30% compared to the previous year, reaching 2 million active users[12] - Market expansion plans include entering two new international markets by the end of 2021[1] - Market expansion plans include entering three new provinces by the end of 2021, targeting a 10% increase in market penetration[13] - The company is actively expanding its market presence in sectors such as finance, government, and large state-owned enterprises[52] Research and Development - The company is investing in R&D, with a budget increase of 30% for new technology development[1] - The company is investing RMB 200 million in R&D for new encryption technologies, aiming to enhance data security measures[11] - The company’s R&D investment as a percentage of operating revenue was 29.94%, a decrease of 2.76 percentage points from 32.70% in the previous year[22] - The company has established four R&D centers in Beijing, Wuhan, Xi'an, and Shenzhen to enhance its research capabilities[30] - The company’s R&D personnel increased compared to the previous year, contributing to the rise in R&D expenses[42] - The company launched several new products, including the IMC Unified Management Center and the V2X-SDK vehicle networking security middleware[37] Strategic Initiatives - New product launches are expected to contribute an additional 10% to overall revenue in the upcoming quarters[1] - A new strategic partnership with a leading tech firm is expected to enhance the company's product capabilities and market reach[11] - The company is considering strategic acquisitions to enhance its market position, with a focus on companies in the cybersecurity sector[1] - The company is exploring potential acquisitions in the cybersecurity sector to strengthen its service offerings[12] Financial Position and Assets - The company's total assets increased by 90.06% to ¥1,120,983,476.29 from ¥589,817,834.38 at the end of the previous year[21] - The company's total liabilities decreased by 12.77% to ¥141,213,624.80, resulting in an asset-liability ratio of 12.60%[62] - Cash and cash equivalents increased to ¥369,120,445.20, representing 32.93% of total assets, up 342.99% from the previous year[67] - The company reported a gross margin of 45%, reflecting improved operational efficiency compared to 40% in the previous year[13] Governance and Compliance - The company maintains a strong governance structure, ensuring transparency and accountability in its financial reporting[1] - The company has committed to a 36-month lock-up period for shares held by major shareholders, ending on April 20, 2024[76] - The company will comply with all relevant laws and regulations regarding share transfers post-lock-up[81] - The company has established specific guidelines for share reduction after the lock-up period, ensuring compliance with stock exchange rules[80] Risks and Challenges - There are no significant risks identified that could impact the company's operations in the near term[1] - The company faces operational risks due to seasonal fluctuations, with higher revenue and profit levels concentrated in the second half of the year, particularly in Q4[59] - The company is exposed to financial risks related to accounts receivable, which may remain high as business scales up, increasing working capital turnover pressure[60] Shareholder Information - The company has a diverse shareholder base, including various mutual funds and investment firms, which enhances its market stability[103] - The top shareholder, Li Wei, holds 23,400,000 shares, accounting for 25.13% of the total shares[101] - The total number of shares before the change was 69,845,810, which increased to 74,171,880 after the issuance of 4,326,072 new shares, representing a 6.19% increase[97]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching 500 million RMB, representing a 25% year-over-year growth[1]. - The company reported a revenue of RMB 1.5 billion for the first half of 2021, representing a year-on-year growth of 25%[11]. - The company reported a total revenue of 2,250,507,000 for the first half of 2021[104]. - The company achieved a sales revenue of 153.68 million RMB, representing a year-on-year growth of 30.1%[53]. - The net profit attributable to shareholders reached ¥29,323,484.56, a significant increase of 484.34% from ¥5,018,181.51 in the previous year[21]. - The net profit attributable to shareholders was ¥29,564,147.94, indicating stable overall business growth[60]. - The net profit for the first half of 2021 was CNY 24,680,903.97, a substantial rise from CNY 3,589,311.69 in the same period of 2020, reflecting a growth of 586.5%[122]. - The total comprehensive income for the period was CNY 29,323,484.56, a decrease of 4,642,580.59 compared to the previous period[136]. User Growth and Market Expansion - User data indicates that the active user base has expanded to 1.2 million, marking a 15% increase compared to the previous period[1]. - User data indicates an increase in active users by 30% compared to the previous year, reaching 2 million active users[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[11]. - Market expansion plans include entering two new provinces, which are anticipated to increase market share by 10%[1]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 50 million RMB for new technology development in cybersecurity[1]. - Investment in R&D for new technologies increased by 15%, focusing on enhancing data security and cloud services[12]. - The company has accumulated 95 patents, including 76 invention patents, and 164 software copyrights as of June 30, 2021, reflecting its strong focus on R&D[30]. - The company reported a total R&D investment of ¥46,007,508.41, representing a 19.08% increase compared to ¥38,637,148.32 in the previous period[40]. - The company added 30 new intellectual property applications during the reporting period, including 21 invention patents and 3 design patents[38]. Strategic Initiatives - The company has provided a positive outlook for the second half of 2021, projecting a revenue growth of 20% to 30%[1]. - New product launches are expected to contribute an additional 100 million RMB in revenue by the end of the year[1]. - The introduction of a new mobile security product is expected to contribute an additional RMB 200 million in revenue by Q4 2021[12]. - The company is exploring potential acquisitions to enhance its service offerings, with a target of completing at least one acquisition by the end of 2021[1]. - The management has identified strategic partnerships as a key focus area, aiming to establish three new partnerships within the next six months[1]. Financial Position and Liquidity - The company has maintained a strong cash position, with cash reserves reported at 200 million RMB, ensuring liquidity for future investments[1]. - The company's total assets increased by 90.06% to ¥1,120,983,476.29 from ¥589,817,834.38 at the end of the previous year[21]. - The company's cash and cash equivalents increased by 409.68% year-on-year, attributed to the issuance of 23,281,939 new shares[64]. - The company's accounts receivable rose to ¥180,258,082.33, accounting for 16.08% of total assets, a 27.03% increase year-over-year[66]. Operational Risks and Challenges - No significant risks have been identified that could impact the company's operations in the reporting period[1]. - The company faces operational risks due to seasonal fluctuations, with higher revenue and profit levels concentrated in the second half of the year[57]. - The company is exposed to technology risks, particularly if product iterations do not meet market demands, affecting its competitive position[58]. Governance and Compliance - There are no significant lawsuits or arbitration matters reported during the reporting period[89]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[88]. - The company has not faced any penalties or corrective actions related to legal violations by its directors, supervisors, or senior management[90]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,118[98]. - The largest shareholder, Li Wei, holds 23,400,000 shares, representing 25.13% of total shares[101]. - The total number of shares without restrictions is 93,127,750, which is 100% of the total shares[100]. - The company reported no changes in shareholding structure during the reporting period[98]. Future Outlook - The company aims to exceed RMB 250 billion in the cybersecurity industry by 2023, with an annual compound growth rate of over 15%[28]. - The company is focusing on enhancing its technological capabilities and product offerings in the upcoming quarters[104]. - The company aims to improve its market position through strategic expansions and potential acquisitions in the upcoming quarters[145].