Financial Performance - The company's revenue for Q3 2022 was ¥62,061,482.76, representing a decrease of 58.46% compared to the same period last year[4] - The net profit attributable to shareholders was -¥81,831,102.14, with a year-to-date net profit of -¥205,292,726.65, indicating significant losses[4] - Total revenue for the first three quarters of 2022 was CNY 245,081,553.32, a decrease of 21.2% compared to CNY 310,891,096.12 in the same period of 2021[19] - Operating profit for the first three quarters of 2022 was a loss of CNY 262,101,798.31, compared to a loss of CNY 221,984,925.06 in the same period of 2021[19] - The company reported a net loss of CNY 261,926,679.52 for the first three quarters of 2022, worsening from a loss of CNY 242,223,955.23 in the previous year[19] - The net profit for Q3 2022 was -223,613,149.09 RMB, compared to -209,201,045.25 RMB in Q3 2021, indicating a year-over-year increase in net loss of approximately 6.5%[20] - The total comprehensive loss for Q3 2022 was -219,758,700.22 RMB, slightly higher than -209,452,051.82 RMB in the same period last year[20] Research and Development - Research and development (R&D) expenses totaled ¥97,816,835.12 for the quarter, accounting for 157.61% of revenue, an increase of 92.71 percentage points year-on-year[5] - The company plans to continue focusing on R&D despite the revenue decline, indicating a commitment to innovation and future growth[8] - Research and development expenses for the first three quarters of 2022 were CNY 291,483,615.27, compared to CNY 269,550,420.59 in the same period of 2021[19] Assets and Liabilities - Total assets increased by 35.97% to ¥3,473,120,154.26 compared to the end of the previous year[5] - The equity attributable to shareholders rose by 43.78% to ¥3,301,968,561.82, driven by funds raised from the company's public offering[5] - Non-current assets totaled CNY 746,432,952.87, an increase from CNY 679,175,337.62 year-over-year[17] - Total liabilities decreased to CNY 174,545,913.10 from CNY 248,676,265.67 year-over-year[17] Cash Flow - The net cash flow from operating activities was -¥34,513,390.29 for the year-to-date period, reflecting a decline of 338.20%[4] - Operating cash flow for the first nine months of 2022 was -34,513,390.29 RMB, a significant decline from 14,489,380.09 RMB in the first nine months of 2021[22] - Cash inflow from operating activities totaled 538,450,760.80 RMB, while cash outflow was 572,964,151.09 RMB, resulting in a negative cash flow from operations[22] - Investment activities generated a net cash outflow of -950,062,976.64 RMB, compared to -166,370,263.32 RMB in the previous year[23] - The company received 1,075,700,000.00 RMB from investment recoveries, a substantial increase from 276,000,000.00 RMB in the same period last year[22] Shareholder Information - The company has a total of 8,026 ordinary shares outstanding as of the report date[11] - The largest shareholder, Huang Yuanhao, holds 27.23% of the shares, totaling 108,903,960 shares[11] Market and Product Development - The decline in revenue was primarily due to reduced demand for the company's 3D visual perception products, influenced by the ongoing impact of the pandemic on key industries[7] - The company has not disclosed any significant new product developments or market expansion strategies in the current report[13] - There are no significant mergers or acquisitions reported during the period[13]

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 25% year-over-year growth[1]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2022, representing a year-over-year growth of 25%[16]. - The company's operating revenue for the first half of the year reached ¥183,020,070.56, representing a 13.32% increase compared to ¥161,507,048.72 in the same period last year[22]. - The company achieved a revenue of 183.02 million yuan in the first half of 2022, representing a year-on-year growth of 13.32%[78]. - In 2022, the company reported a revenue of ¥183,020,070.56 and a net loss of ¥123,461,624.51, indicating challenges in achieving profitability[90]. User Growth - User data showed an increase in active users, reaching 1.2 million, which is a 30% increase compared to the previous year[1]. - User data showed a total of 2 million active users by the end of June 2022, marking a 15% increase compared to the previous year[16]. Future Outlook - The company provided a positive outlook for the second half of 2022, projecting a revenue growth of 20% to 30%[1]. - The company provided a positive outlook for the second half of 2022, projecting a revenue growth of 20% to 30% based on current market trends and demand[16]. Product Development - New product development includes the launch of a next-generation 3D visual sensor, expected to enhance market competitiveness[1]. - New product launches are expected to contribute an additional 500 million RMB in revenue, with a focus on enhancing the technology in image sensors and integrated circuits[16]. - The company has developed a series of 3D vision perception products, including 3D vision sensors and application devices for both consumer and industrial markets[28]. - The company has successfully developed and mass-produced multiple 3D vision perception products that meet high standards across various applications, positioning itself against international technology giants[35]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of 2023[1]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[16]. - The company is actively expanding its market presence in sectors such as robotics, smart locks, and AIoT applications[66]. Research and Development - Research and development investments increased by 30% in 2022, focusing on advanced semiconductor technologies and AI integration[16]. - The total R&D investment for the reporting period was approximately ¥193.67 million, representing a 12.21% increase compared to the previous year[63]. - The company has a research and development team of 630 members, accounting for 58.99% of the total workforce, including 47 PhDs[75]. - The company has completed the design and testing phases for high-performance iToF chips, which are now entering mass production[68]. Financial Challenges - The net profit attributable to shareholders was -¥123,461,624.51, compared to -¥115,212,069.89 in the previous year, indicating a continued loss[22]. - The basic earnings per share for the period was -¥0.34, slightly worse than -¥0.32 from the previous year[22]. - The net cash flow from operating activities was -¥10,781,594.95, a significant decline of 118.99% from ¥56,770,411.36 in the same period last year[22]. - The company's total assets decreased by 6.11% to ¥2,398,186,553.26 from ¥2,554,282,149.46 at the end of the previous year[22]. Strategic Partnerships - The company has established partnerships with key industry players to bolster its supply chain and distribution channels[1]. - A new strategic partnership was established with a leading tech firm to co-develop next-generation imaging solutions, expected to launch in Q4 2022[16]. - The company has established partnerships with over 100 service robot clients, covering various application scenarios such as smart factories and logistics[81]. Risk Management - The board highlighted the importance of risk management strategies in navigating market uncertainties[1]. - The company faces risks related to the uncertainty of application scene growth, particularly in offline payment scenarios impacted by the ongoing COVID-19 pandemic[91]. - The company is exposed to risks from overseas subsidiaries due to differences in regulatory environments and potential compliance issues[94]. Innovation and Technology - The company is actively pursuing cutting-edge technologies such as area array dToF and area array Lidar, indicating a commitment to innovation in 3D vision technology[35]. - The company is developing an AIoT computing chip designed for 3D visual edge computing, integrating large-scale neural networks and 3D depth computation into a single SoC[47]. - The company has implemented innovative high-precision data post-processing algorithms for its dToF sensor chips, which have been patented[45]. Shareholder Commitments - The company has commitments from major shareholders regarding shareholding intentions and reduction intentions, effective June 28, 2021[129]. - The company has a commitment to stabilize its stock price for three years post-listing, effective June 28, 2021[130]. - The company has commitments from controlling shareholders regarding employee social security payments, effective June 28, 2021[131]. Corporate Governance - The company’s governance structure has been confirmed as compliant with legal regulations, ensuring effective decision-making processes[114]. - The company has confirmed that its prospectus and other disclosure documents do not contain false records or misleading statements, and it will compensate investors for losses if any discrepancies are found[169].