Financial Performance - The company's revenue for Q3 2022 was ¥435,840,109.69, representing a decrease of 11.59% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥4,126,612.62, a significant decline of 94.21% year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥8,955,432.59, down 117.56% from the previous year[6]. - Basic earnings per share were ¥0.0103, a decrease of 94.79% compared to the same period last year[8]. - The company reported a net profit of -164,955,273.45 RMB for the current period, compared to a net profit of 80,358,884.17 RMB in the same period last year, indicating a significant decline[35]. - The company reported a total profit of -174,115,370.39 RMB, down from 99,096,200.79 RMB in the previous year, showing a substantial decrease in overall profitability[34]. Cash Flow - The net cash flow from operating activities was -¥403,312,691.82 since the beginning of the year[6]. - The company experienced a net cash outflow from operating activities of -403,312,691.82 RMB, compared to -127,162,028.60 RMB in the same period last year, indicating increased cash burn[40]. - Cash inflow from investment activities was 3,859,012,759.32 RMB, significantly higher than 1,614,471,789.51 RMB in the previous year, suggesting strong investment recovery[40]. - The cash outflow for investment activities totaled 5,196,215,167.55, an increase from 2,549,879,645.51 in the previous period[42]. - The net cash flow generated from investment activities was -1,337,202,408.23, compared to -935,407,856.00 previously[42]. - The cash inflow from financing activities amounted to 1,147,462,794.00, with no previous inflow reported[42]. - The net cash flow from financing activities was 1,040,971,104.94, a significant improvement from -21,383,963.71 in the prior period[42]. - The net increase in cash and cash equivalents was -698,675,712.67, compared to -1,084,049,815.63 in the previous period[42]. - The ending balance of cash and cash equivalents was 558,839,773.33, up from 137,028,281.11 previously[42]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,429,441,077.83, a 37.75% increase from the end of the previous year[8]. - As of September 30, 2022, total assets amounted to ¥3,429,441,077.83, up from ¥2,489,526,807.56 at the end of 2021, reflecting a growth of 37.8%[28]. - Current liabilities totaled ¥877,164,947.41, slightly up from ¥870,658,448.02, indicating a marginal increase of 0.6%[30]. - Non-current assets totaled ¥441,008,960.06, an increase of 8.8% from ¥404,868,405.11 at the end of 2021[28]. Shareholder Information - The equity attributable to shareholders increased by 64.81% year-over-year, reaching ¥2,402,995,743.30[8]. - The company's equity attributable to shareholders increased to ¥2,402,995,743.30, a substantial rise of 64.7% from ¥1,458,075,252.77 in the previous year[30]. - The company's total number of common shareholders reached 9,511 by the end of the reporting period[19]. - The top shareholder, Axin Xinyuan (Nanjing) Enterprise Management Co., held 20.24% of shares[19]. Research and Development - Research and development expenses totaled ¥78,735,879.80, an increase of 26.29% compared to the same period last year, accounting for 18.07% of revenue[8]. - Research and development expenses rose by 54.27%, reflecting the company's focus on core products and security solutions[15]. - Research and development expenses rose to 246,898,121.18 RMB, compared to 160,041,240.74 RMB in the previous year, highlighting the company's commitment to innovation[34]. Other Financial Metrics - The weighted average return on net assets was 0.17%, down 5.29 percentage points year-over-year[8]. - The company experienced a 46.09% increase in taxes and surcharges due to changes in tax payments[15]. - The company recorded a tax expense of -9,160,096.94 RMB, compared to a tax expense of 18,737,316.62 RMB in the previous year, reflecting changes in tax obligations[34]. - Other comprehensive income after tax amounted to 341,606.47 RMB, compared to -55,907.30 RMB in the previous year, indicating a positive shift in comprehensive income[35]. - Investment income increased by 94.27% primarily from bank wealth management products[18].

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, with a total revenue of 500 million RMB, representing a year-on-year growth of 25%[1]. - The company reported a significant increase in revenue, achieving a total of $1.5 billion for the quarter, representing a 25% year-over-year growth[19]. - The company achieved operating revenue of CNY 592.92 million in the first half of 2022, representing a year-on-year increase of 21.98%[30]. - The company reported a basic earnings per share of -CNY 0.4412, a significant decline from CNY 0.0223 in the same period last year, representing a decrease of 2,078.48%[30]. - The net profit attributable to shareholders was a loss of CNY 170.60 million, compared to a profit of CNY 8.04 million in the same period last year, marking a decrease of 2,222.83%[30]. - The company reported a net cash flow from operating activities of a negative CNY 358.95 million, worsening from a negative CNY 120.63 million in the previous year[30]. - The company reported a significant increase in investment income, which rose by 761.35% to ¥14,726,866.46 from ¥1,709,751.72, primarily due to returns from bank wealth management products[105]. - The company’s operating revenue for the reporting period was ¥592,915,370.79, representing a year-on-year increase of 21.98% compared to ¥486,061,110.14[105]. - The company experienced a significant increase in sales expenses, which rose by 56.71% to ¥233,612,430.50 from ¥149,075,829.07, indicating increased investment in sales and channel development[105]. User Growth and Market Expansion - User data showed a total of 1.2 million active users, an increase of 15% compared to the same period last year[1]. - User data showed a growth in active users, reaching 10 million, which is a 15% increase compared to the previous quarter[19]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share in the region by the end of 2023[1]. - Market expansion plans include entering three new international markets by the end of the fiscal year, aiming for a 30% increase in global presence[19]. Product Development and Innovation - New product development includes the launch of a next-generation cybersecurity solution, expected to enhance market competitiveness and drive additional revenue streams[1]. - New product launches included a cutting-edge security solution that is expected to capture a 10% market share within the first year[19]. - The company is investing 50 million RMB in research and development for innovative technologies to strengthen its product offerings[1]. - The company is investing $200 million in research and development for new technologies, focusing on AI and cloud security enhancements[19]. - The company has been increasing its R&D investment and sales channel development, with R&D expenses growing by 72.13% year-on-year[30]. - The company has developed a comprehensive security solution system covering various fields, including identity security, terminal security, cloud and edge security, and advanced threat governance[90]. Financial Strategy and Investments - A strategic acquisition of a smaller tech firm was announced, which is expected to contribute an additional 100 million RMB in annual revenue starting in 2023[1]. - The company is considering strategic acquisitions to enhance its product offerings, with a budget of $500 million allocated for potential mergers and acquisitions[19]. - The company has committed to strictly adhere to its profit distribution policy as outlined in its articles of association and future dividend plans[181]. - The company plans to enhance its profit distribution system to improve investor returns, including cash dividends[159]. Research and Development - Research and development expenses accounted for 28.36% of operating revenue, an increase of 8.26 percentage points compared to the previous year[30]. - The company has increased R&D personnel to 721, representing 22.79% of the total workforce, up from 18.23% in the previous year[85]. - The company has established three major R&D centers in Beijing, Nanjing, and Chengdu, and has collaborated with the National Computer Virus Emergency Response Center to conduct research on advanced persistent threats (APT)[87]. - The company is leveraging a data lake for threat intelligence to provide real-time reputation assessments, enhancing threat detection capabilities across various industries[72]. Cybersecurity Market Position - The global cybersecurity market reached $151.9 billion in 2021 and is expected to grow to $223.3 billion by 2025, with a CAGR of 10.4% from 2021 to 2025[46]. - The Chinese cybersecurity market is projected to grow from $10.26 billion in 2021 to $21.46 billion by 2025, with a CAGR of approximately 20.5%[47]. - The company's identity and digital trust products ranked first in market share according to IDC's report for the second half of 2021[49]. - The company has been recognized in the "2022 China Cybersecurity Industry Panorama" report, being included in 12 major security fields and 47 sub-fields, showcasing its comprehensive strength and recognition in the industry[50]. Compliance and Governance - The actual controller and major shareholders have committed to a share lock-up period of 42 months from the date of listing, which started on February 8, 2022[139]. - The company has established commitments to resolve related party transactions and competition issues, which are to be adhered to long-term[141]. - The company commits to ensuring that the prospectus contains no false records, misleading statements, or significant omissions, and will bear legal responsibility for the accuracy and completeness of the information provided[162]. - The company will take various measures to ensure reasonable integration of internal and external resources to boost profitability[159]. Environmental Responsibility - The company has maintained a focus on environmental responsibility, actively participating in energy-saving initiatives such as the "turn off lights for one hour" campaign[135]. - The company is committed to supporting national carbon neutrality goals through innovative security solutions and operational strategies[135].

2022 年第一季度报告 单位：元 币种：人民币 证券代码：688225 证券简称：亚信安全 亚信安全科技股份有限公司 2022 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、准确性和完整性承担个别及连带责任。 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报表 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 本报告期比上 | --- | --- | --- | |-----------------------------------------------|-----------------|---------------------------| | 项目 | 本报告期 | 年同期增减变 \n动幅度 (%) | | 营业收入 | 284,761,842.78 | 9.85 ...

Financial Performance - The proposed profit distribution plan for 2021 includes a cash dividend of 1.40 yuan (after tax) per 10 shares, totaling 56,001,400 yuan, which accounts for 31.34% of the net profit attributable to shareholders [8]. - The company has not achieved profitability since its listing, indicating ongoing challenges in financial performance [5]. - The audit report issued by the accounting firm is a standard unqualified opinion, reinforcing the reliability of the financial statements [7]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY for the fiscal year, representing a 15% year-over-year growth [29]. - The company's operating revenue for 2021 was approximately ¥1.67 billion, representing a year-over-year increase of 30.82% compared to ¥1.27 billion in 2020 [41]. - Net profit attributable to shareholders for 2021 was approximately ¥178.69 million, an increase of 4.88% from ¥170.38 million in 2020 [44]. - The net profit after deducting non-recurring gains and losses was approximately ¥94.99 million, a decrease of 32.15% compared to ¥140.01 million in 2020 [41]. - The overall gross margin slightly decreased from 55.51% to 53.35% [150]. - The company achieved operating revenue of CNY 1,667,467,958.09, a year-on-year increase of 30.82% [152]. Risk Management - The company has detailed potential risks in the management discussion and analysis section, highlighting the importance of risk awareness for investors [5]. - The management has emphasized the importance of forward-looking statements and the associated risks, advising investors to remain cautious [9]. - The company faces risks related to technology advancement and competition, which could impact its market position [141]. Research and Development - The company is investing in R&D, allocating 15% of its revenue towards developing new technologies, particularly in AI and cloud security [29]. - R&D expenses grew by 43.17% year-on-year, with the number of R&D personnel increasing by 28.34% to 557 [55]. - The company achieved a total R&D investment of ¥232,168,355.19, representing a 43.17% increase compared to the previous year [104]. - The R&D process follows a unified framework, with a focus on continuous integration and automated testing to enhance efficiency and product quality [67]. - The company is actively involved in the development of core technologies such as zero trust and threat intelligence to strengthen product competitiveness [107]. Market Expansion and Strategy - The company is exploring potential acquisitions to enhance its product offerings and market presence [24]. - Market expansion efforts are underway, targeting new regions with a projected increase in market share of F% [24]. - The company is considering strategic acquisitions to enhance its product offerings and market presence, with a budget of up to 300 million CNY for potential deals [29]. - The company expanded its market presence, actively entering sectors such as finance, energy, and manufacturing [160]. Customer and User Engagement - User data showed an increase in active users, reaching 5 million, which is a 20% increase compared to the previous year [29]. - Customer satisfaction ratings improved, with an increase of I% in positive feedback from users [24]. - The company maintains a high customer concentration, with the top five customers accounting for 70.48% of total revenue, down from 75.12% in 2020 [142]. Cybersecurity Focus - The company focuses on cybersecurity, providing products and services to government and enterprise clients across critical infrastructure sectors such as telecommunications, finance, and energy [60]. - The cybersecurity services offered include threat intelligence, risk assessment, and security training, aimed at enhancing clients' awareness and resilience against threats [64]. - The rise of APT attacks has shifted focus towards protecting critical infrastructure, which is now a priority for national security [79]. - The company is exploring the SECaaS (Security as a Service) model, which is gaining traction in the cloud computing era, although it remains in its infancy in China [79]. Awards and Recognition - The company was recognized as a top 10 enterprise in the "2021 China Cybersecurity Top 100 Enterprises" list, solidifying its market leadership position [58]. - The company has received multiple industry awards, including recognition for its identity security and endpoint security solutions [140]. Financial Integrity - There are no non-operating fund occupations by controlling shareholders or related parties, ensuring financial integrity [10]. - The company does not plan to increase capital through capital reserves or issue bonus shares, focusing on cash dividends instead [8]. - The company has not disclosed any special arrangements for corporate governance, indicating standard practices are in place [9].