Dividend and Profit Distribution - The company plans to distribute a cash dividend of 6.25 CNY per 10 shares, totaling approximately 50 million CNY, which represents 43.65% of the net profit attributable to shareholders[5]. - The company does not plan to increase capital reserves or issue bonus shares for the 2021 fiscal year[5]. - The company has established a cash dividend policy, ensuring that at least 10% of the distributable profit is allocated as cash dividends annually, with higher percentages based on the company's development stage and capital expenditure plans[137]. - As of December 31, 2021, the company's distributable profit was 172,058,468.47 RMB, confirming its ability to distribute dividends[138]. Financial Performance - The company reported a revenue of CNY 208.05 million in 2021, a decrease of 11.43% compared to the previous year[20]. - Net profit attributable to shareholders was CNY 114.54 million, reflecting a growth of 1.61% year-over-year[22]. - The net cash flow from operating activities increased by 54.96% to CNY 49.42 million, driven by improved collections and government subsidies[23]. - Total assets at the end of 2021 reached CNY 955.98 million, up 168.40% from the previous year[23]. - Shareholders' equity grew by 283.79% to CNY 842.64 million, primarily due to the impact of the company's initial public offering[23]. - Basic earnings per share decreased by 10.78% to CNY 1.6762, while diluted earnings per share remained the same[21]. Research and Development - The company's R&D expenditure as a percentage of revenue increased to 5.65%, up 1.4 percentage points from the previous year[22]. - Research and development investment for the year was 11.75 million RMB, an increase of 17.77% year-on-year[33]. - The company has developed advanced technologies for fire detection and control systems, enhancing the reliability and precision of its products[46]. - The company has achieved a total of 16 invention patents related to its core technologies, enhancing its market competitiveness[46]. - The company plans to enhance R&D efforts focusing on core technology and product strategy layout, particularly in the military fire extinguishing and explosion suppression fields[96]. Military and Product Development - The company is focusing on the development of military fire extinguishing and explosion suppression systems, as well as core components for military applications[32]. - The company has enhanced its military production qualifications and is actively promoting the development of various military fire extinguishing systems[32]. - The military electronic industry is expected to have broad development space and market prospects, driven by the modernization of national defense and military forces[40]. - The company has developed its fifth-generation fire extinguishing and explosion suppression system, achieving key performance indicators comparable to international products[56]. - The company is actively exploring new technologies, including vehicle environment control systems and ultraviolet detectors, to enhance its research and production capabilities in line with military modernization efforts[45]. Risks and Challenges - The company has outlined potential risks in its management discussion and analysis section, advising investors to pay attention[4]. - The company faces risks related to product and technology updates, as delays in new product development could impact competitiveness[58]. - The company has a high dependency on military tenders for revenue, which could lead to significant income fluctuations if bidding processes change[60]. - The company faces risks related to the growth of accounts receivable, changes in tax policies, and fluctuations in gross profit margins[63][65]. Corporate Governance and Management - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[5]. - The company has maintained a stable management structure with no significant changes in shareholdings among key personnel[110]. - The management team has been in place since March 2020, indicating stability in leadership[110]. - The company has established a modern corporate governance structure, enhancing the operation mechanisms of the shareholders' meeting, board of directors, and supervisory board[145]. Sustainability and Social Responsibility - The company is committed to sustainability, with plans to reduce carbon emissions by 30% over the next five years[178]. - The company adheres to strict safety and environmental protection regulations, integrating ESG principles into its core business operations[143]. - The company has made significant investments in safety and environmental protection measures, ensuring zero accidents in these areas[143]. - The company focuses on social responsibility, emphasizing military contributions and community support as its core mission[144]. Investor Relations and Transparency - The company maintains a transparent information disclosure process, ensuring all shareholders and creditors have equal access to information[159]. - The company conducted 13 investor research activities and received 29 investment institutions during the reporting period, enhancing investor relations[166]. - The company will publicly explain any failure to fulfill commitments and apologize to shareholders and the public[187]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[191]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[188]. - New product launches are expected to contribute an additional 300 million yuan in revenue, with a focus on innovative technology solutions[113].

Financial Performance - The company's operating revenue for Q3 2021 was ¥37,231,742.39, a decrease of 42.25% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥14,923,755.65, down 55.97% year-on-year[5]. - The basic earnings per share for Q3 2021 was ¥0.2316, reflecting a decline of 59.01% compared to the previous year[6]. - The company reported a decrease in net profit excluding non-recurring gains and losses of 55.08% for Q3 2021[5][10]. - Total revenue for the first three quarters of 2021 was CNY 171,125,084.76, a decrease of 10.2% compared to CNY 190,567,920.32 in the same period of 2020[25]. - Net profit for the first three quarters of 2021 was CNY 89,478,708.07, slightly down from CNY 90,558,257.55 in 2020, representing a decrease of 1.2%[26]. - The net profit attributable to the parent company for Q3 2021 was ¥89,478,708.07, a decrease of 1.19% from ¥90,558,257.55 in Q3 2020[27]. - Basic and diluted earnings per share for Q3 2021 were ¥1.3885, down from ¥1.5093 in Q3 2020, reflecting a decline of 8.01%[28]. Research and Development - Research and development expenses totaled ¥2,692,741.43 for Q3 2021, an increase of 18.80% year-on-year, representing 7.23% of operating revenue[6][11]. - The company plans to continue increasing R&D investment to enhance product competitiveness and expand into new markets[11]. - Research and development expenses increased to CNY 9,169,360.79 in 2021 from CNY 5,443,386.16 in 2020, marking a significant increase of 68.5%[26]. Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥938,789,676.18, a 163.57% increase from the end of the previous year[6]. - Current assets totaled CNY 857,588,332.13, significantly up from CNY 276,143,785.04 in 2020[22]. - Total liabilities decreased to CNY 121,208,811.27 from CNY 136,620,940.96 in 2020, reflecting a reduction of 11.3%[23]. - Shareholders' equity increased to CNY 817,580,864.91 from CNY 219,558,124.63 in 2020, indicating a growth of 272.5%[23]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥31,538,754.20, with a significant increase of 237.92%[6]. - Cash inflow from operating activities for the first three quarters of 2021 was ¥119,245,534.20, an increase of 41.54% compared to ¥84,251,342.94 in the same period of 2020[29]. - The net cash flow from operating activities for Q3 2021 was ¥31,538,754.20, significantly up from ¥9,333,110.39 in Q3 2020[30]. - The company raised ¥519,521,200.00 from financing activities in Q3 2021, compared to ¥45,247,500.00 in the same period of 2020[30]. - The net cash flow from financing activities for Q3 2021 was ¥501,914,820.61, a significant improvement from -¥16,650,104.15 in Q3 2020[30]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,450[13]. - Major shareholder 巨万里 holds 42.29% of the shares, while 张超 holds 6.06%[13]. - The company has a total of 2.94% shares held by 成都盈创德弘, an investment fund[13]. - The company reported a pledge of 1,200,000 shares by shareholder 吴兆方[13]. - The top ten unrestricted shareholders include individuals holding between 111,561 and 797,844 shares[15]. Other Information - The company has a land use right for a property of 23,164.66 square meters, confirmed by the property certificate obtained on October 13, 2021[17]. - The company has engaged in securities lending, with 国金创新投资有限公司 lending 175,300 shares during the reporting period[15]. - The company has confirmed the legality of its property ownership, reducing potential economic loss risks[17]. - The company did not apply the new leasing standards starting in 2021, indicating a stable approach to financial reporting[31]. - The company has no audit opinion applicable for the financial statements[18].