Financial Performance - Net profit attributable to shareholders of the listed company was ¥20,648,330.41, representing a decrease of 18.17% year-on-year[12]. - Operating income for the period was ¥32,963,175.35, an increase of 2.27% compared to the same period last year[12]. - The company's operating costs increased by 37.96% to 8,869,394.12 compared to the previous period, attributed to higher information usage fees and line rental costs[22]. - Other income decreased by 30.56% to 777,340.30, primarily due to a decline in VAT refund income[22]. - The company reported a 100% decrease in investment income, with no dividends received from other equity investments during the period[22]. - The net profit for Q1 2020 was CNY 20,555,573.94, down from CNY 25,165,592.27 in Q1 2019, indicating a decrease of about 18.67%[50]. - The total profit for Q1 2020 was CNY 23,358,943.21, compared to CNY 28,756,898.23 in Q1 2019, indicating a decline of approximately 18.83%[48]. - The operating profit for Q1 2020 was CNY 23,359,443.21, down from CNY 28,758,108.04 in Q1 2019, representing a decline of about 18.73%[48]. - The total comprehensive income attributable to the parent company's owners for Q1 2020 was CNY 21,151,430.60, compared to CNY 27,412,119.64 in Q1 2019, a decrease of approximately 22.67%[48]. Cash Flow - The net cash flow from operating activities was -¥6,379,709.54, a significant decline of 385.94% compared to the previous year[12]. - Cash received from operating activities fell by 42.54% to 3,883,265.59, mainly due to a reduction in interest received[22]. - Total cash inflow from operating activities was 36,686,014.77 RMB, compared to 40,999,067.09 RMB previously, indicating a decline of approximately 10.5%[54]. - The cash flow from operating activities for Q1 2020 was CNY 29,832,367.76, down from CNY 34,240,939.69 in Q1 2019, reflecting a decrease of about 13.00%[50]. - The cash flow from investment activities showed a net outflow of -73,724.99 RMB, compared to -18,700,033.88 RMB in the previous period, indicating a significant decrease in investment outflows[54]. - The cash flow from financing activities was not detailed, but the overall cash flow from financing activities was negative, indicating potential challenges in raising funds[58]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,076,364,726.65, a slight increase of 0.19% compared to the end of the previous year[12]. - The total current assets amounted to 1,003,509,452.53, slightly up from 1,001,071,541.41 in the previous period[32]. - Non-current assets totaled 72,855,274.12, down from 73,297,001.10 in the previous period[32]. - The total liabilities decreased from 108,242,774.00 to 89,087,527.54, indicating a reduction in the company's obligations[34]. - The total equity attributable to shareholders increased from 966,125,768.51 to 987,277,199.11, reflecting a growth in shareholder value[34]. - Current liabilities reached $106.44 million, primarily driven by contract liabilities of $83.75 million[70]. - Total liabilities were reported at $107.82 million, indicating a stable financial position[73]. - The company has a total of $53.24 million in other equity instruments, showcasing diverse investment strategies[70]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18, with the largest shareholder holding 90.98% of the shares[18]. - The total equity attributable to shareholders was CNY 966,125,768.51, with retained earnings of CNY 813,793,231.97[66]. Research and Development - Research and development expenses accounted for 20.1% of operating income, down 3.41 percentage points from the previous year[12]. - Research and development expenses for Q1 2020 were CNY 6,625,448.64, compared to CNY 7,576,611.73 in Q1 2019, reflecting a decrease of approximately 12.55%[43]. Other Financial Metrics - The weighted average return on net assets decreased by 0.86 percentage points to 2.11%[12]. - The company's cash and cash equivalents were CNY 938,939,688.00, down from CNY 945,603,714.67 at the end of 2019[38]. - The accounts receivable decreased to CNY 6,128,477.28 from CNY 7,285,463.80, a decline of about 15.87%[38]. - The company reported a financial income of CNY 7,523,543.92 in Q1 2020, compared to CNY 7,096,423.89 in Q1 2019, marking an increase of approximately 6%[43].