Financial Performance - The company's operating revenue for 2022 was ¥453,909,101.18, a decrease of 28.80% compared to ¥637,509,880.44 in 2021[23]. - The net profit attributable to shareholders for 2022 was ¥61,912,476.23, down 39.95% from ¥103,100,055.19 in 2021[23]. - The net cash flow from operating activities decreased by 58.16% to ¥39,924,845.63, compared to ¥95,414,884.45 in the previous year[25]. - The basic earnings per share for 2022 was ¥0.1548, a decline of 39.93% from ¥0.2577 in 2021[24]. - The total assets at the end of 2022 were ¥1,687,169,158.93, a decrease of 1.98% from ¥1,721,172,342.90 at the end of 2021[23]. - The weighted average return on net assets for 2022 was 4.82%, down 3.48 percentage points from 8.30% in 2021[24]. - The net profit after deducting non-recurring gains and losses was ¥45,923,636.33, a decrease of 46.27% from ¥85,474,815.72 in 2021[23]. - The decline in performance was primarily attributed to the macroeconomic environment affecting project execution and delivery schedules[25]. Research and Development - The R&D expenditure as a percentage of operating revenue increased to 28.50%, up 9.68 percentage points from 18.82% in 2021[24]. - Research and development expenses for 2022 amounted to CNY 12,936.63 million, reflecting a 7.82% increase from the previous year[37]. - The total R&D investment reached approximately ¥129.37 million, a 7.82% increase from the previous year, with R&D expenses accounting for 28.50% of operating revenue[85]. - The capitalized R&D investment increased by 25.91% year-over-year, indicating a strategic focus on long-term innovation[85]. - The company has received 9 new invention patents and 65 software copyrights during the reporting period, totaling 34 patents and 420 copyrights by December 31, 2022[81]. Corporate Governance - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[5]. - The company has not reported any instances of more than half of the board members being unable to guarantee the report's authenticity[8]. - The company has maintained a governance structure that ensures independence from its controlling shareholders[180]. - The company held its annual general meeting on May 6, 2022, where all resolutions were approved without any objections[174]. - The company’s independent directors attended all board meetings and shareholder meetings without any absences[198]. Market and Business Strategy - The company plans to distribute a cash dividend of RMB 0.50 per 10 shares, totaling approximately RMB 20,000,500 (including tax) for the 2022 fiscal year[5]. - The company is focusing on expanding its market presence outside Shandong Province, with new orders signed in regions like the Yangtze River Delta and Pearl River Delta[124]. - The company aims to become a leading "AI + Blockchain" technology service provider in China, focusing on smart social security, smart healthcare, and intelligent electricity sectors[167]. - The company plans to enhance project delivery management to achieve rapid growth in operating performance, with historical highs in unconfirmed orders and gross profit at the end of the reporting period[168]. - The company is exploring potential acquisitions to enhance its service offerings, with a budget of RMB 200 million allocated for this purpose[190]. Technological Advancements - The company launched the EasyAI platform and a low-code platform to support cloud-native application development, enhancing its technological capabilities[36]. - The company is focusing on cloud computing, DevOps, and low-code platforms as new software service models, which are essential for optimizing resource allocation and enhancing software delivery efficiency[71]. - The company is committed to continuous innovation in blockchain and data element solutions, addressing various digital application scenarios and enhancing its market presence[76]. - The company has achieved significant advancements in artificial intelligence applications in the healthcare sector, enhancing patient experience and satisfaction through intelligent diagnosis and personalized treatment[70]. - The company has developed a digital asset public service platform based on blockchain technology, aimed at improving competitiveness and driving blockchain industry development[92]. Financial Risks and Management - The company faces risks related to the rapid technological upgrades in the software and information technology service industry, particularly with the rise of AI technologies like ChatGPT[122]. - The company's accounts receivable and contract assets totaled 350.06 million yuan, indicating potential liquidity risks if accounts receivable management is not handled properly[130]. - The company anticipates potential adverse impacts on its operating performance and profit levels if it fails to maintain its status as a high-tech enterprise or if favorable tax policies change[132]. - The company reported a significant decrease of 83.84% in payable taxes, totaling 2,873,988.47 RMB, due to tax payments made during the period[156]. - The company has a low debt-to-asset ratio, indicating a stable financial foundation despite facing competition from larger firms in the industry[125]. Future Outlook - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2022, representing a year-over-year growth of 15%[190]. - The company has set a revenue guidance of RMB 1.5 billion for the next fiscal year, projecting a growth rate of 25%[190]. - New product launches are expected to contribute an additional RMB 300 million in revenue, with a focus on innovative software solutions[190]. - The company is investing RMB 100 million in R&D for new technologies aimed at enhancing user experience and operational efficiency[190]. - Future guidance indicates a positive outlook with expectations of continued revenue growth in the upcoming fiscal year[184].

Financial Performance - The company's operating revenue for Q3 2022 was ¥157,226,981.75, representing a year-on-year increase of 32.18%[5] - The net profit attributable to shareholders for Q3 2022 was ¥37,418,188.12, a significant increase of 153.77% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥32,405,714.50, up 162.96% year-on-year[5] - The basic earnings per share for Q3 2022 was ¥0.0935, reflecting a growth of 153.39% year-on-year[6] - The total operating profit for Q3 2022 was ¥25,769,215.89, an increase from ¥22,958,828.61 in Q3 2021, representing a growth of approximately 7.9%[31] - The net profit for Q3 2022 reached ¥25,895,689.76, compared to ¥25,215,330.59 in Q3 2021, indicating an increase of about 2.7%[31] Research and Development - The total R&D investment for Q3 2022 was ¥31,253,675.22, accounting for 19.88% of operating revenue, a decrease of 3.77 percentage points compared to the previous year[6] - Research and development expenses for the first three quarters of 2022 amounted to CNY 76,129,053.41, an increase from CNY 72,232,747.23 in the previous year[22] - Research and development expenses increased to 72,967,795.20 RMB from 69,055,787.54 RMB year-over-year[30] Cash Flow and Assets - The cash flow from operating activities for the year-to-date was negative at -¥115,855,561.24, indicating a decline in cash flow due to delayed sales collections[6] - The company's cash and cash equivalents decreased to RMB 261,030,068.99 from RMB 494,040,957.76, representing a decline of about 47.1%[17] - The cash flow from operating activities for the first nine months of 2022 was negative at -¥112,381,435.69, worsening from -¥45,963,948.21 in the same period of 2021[33] - Cash and cash equivalents at the end of Q3 2022 totaled ¥245,979,382.61, down from ¥392,079,001.26 at the end of Q3 2021, a decrease of approximately 37.4%[34] - The total cash inflow from operating activities for the first nine months of 2022 was ¥273,749,862.26, down from ¥356,980,799.94 in the same period of 2021, reflecting a decline of about 23.3%[33] - The total cash outflow from investing activities for the first nine months of 2022 was ¥81,817,669.01, compared to ¥170,410,235.14 in the same period of 2021, indicating a decrease of approximately 52.0%[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,703[12] - Major shareholders include Shandong University Capital Operation Co., Ltd., holding 29.58% of shares, and Guoshou Chengda (Shanghai) Health Industry Equity Investment Center, holding 17.09%[12] - The company has not disclosed any related party relationships among its top shareholders, indicating a lack of known connections[17] Liabilities and Equity - Total liabilities as of the end of the third quarter of 2022 were CNY 317,330,259.06, down from CNY 448,035,470.59 at the end of the previous year[22] - The company's total current liabilities decreased to RMB 170,696,722.80 from RMB 253,412,730.93, a reduction of approximately 32.6%[18] - Total equity attributable to shareholders was CNY 1,262,100,327.34, slightly down from CNY 1,273,136,872.31 in the previous year[22] - The total equity decreased to 1,268,714,970.32 RMB from 1,278,414,413.89 RMB year-over-year[30] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[22] - The company has not reported any new products or technologies in this quarter, focusing instead on improving cash flow management and operational efficiency[31]

Financial Performance - The company's operating revenue for the first half of 2022 decreased by 43.19 million RMB, a decline of 31.08% year-on-year, primarily due to the severe impact of COVID-19 on project execution and delivery progress [19]. - The net profit attributable to shareholders of the listed company decreased by 21.50 million RMB, a decline of 248.78% year-on-year, mainly due to the significant drop in operating revenue [20]. - The basic earnings per share for the first half of 2022 was -0.0321 RMB, compared to 0.0216 RMB in the same period last year, representing a decrease of 248.61% [19]. - The company's operating revenue for the first half of the year was ¥95,784,009.45, a decrease of 31.08% compared to ¥138,980,715.12 in the same period last year [21]. - The net profit attributable to shareholders was a loss of ¥12,859,599.76, representing a decline of 248.78% from a profit of ¥8,643,274.23 in the previous year [21]. - The net cash flow from operating activities was negative at ¥93,826,457.97, compared to a negative cash flow of ¥53,405,178.10 in the same period last year [21]. - The company's total assets decreased by 7.86% to ¥1,585,892,904.63 from ¥1,721,172,342.90 at the end of the previous year [21]. - The net assets attributable to shareholders decreased by 3.95% to ¥1,222,873,439.22 from ¥1,273,136,872.31 at the end of the previous year [21]. Research and Development - Research and development expenses accounted for 63.52% of operating revenue, an increase of 22.08 percentage points compared to the previous year [19]. - The total R&D investment reached approximately ¥60.85 million, an increase of 5.66% compared to the previous year, with R&D expenses accounting for 63.52% of operating revenue [58]. - The company has filed 35 patents related to blockchain technology, with 11 granted and 24 software copyrights approved, showcasing its strong R&D capabilities [46]. - The company has established 8 provincial-level or above innovation platforms, enhancing its technological capabilities [84]. - The company achieved a research and development investment of RMB 60.8461 million, representing a year-on-year increase of 5.66% [84]. Market and Business Development - The company had a total of nearly 200 million RMB in new contracts signed during the reporting period, with a backlog of orders amounting to 480 million RMB, both showing growth compared to the same period last year [19]. - The company is a leading provider of "AI + Blockchain" technology services, focusing on smart governance, smart healthcare, and intelligent electricity sectors [25]. - The company is focused on expanding its market presence in regions such as Sichuan, Jiangxi, and Ningxia for electricity information collection services [34]. - The company is exploring and promoting its blockchain business model, which is still in the early stages of development [36]. - The company has expanded its market presence outside Shandong, with significant developments in Jiangsu, Anhui, Zhejiang, and Gansu provinces, and new clients in Sichuan, Tianjin, and Tibet [90]. Financial Management and Investments - The company has invested a total of ¥1 billion in a venture capital fund, holding a 25% stake, with ¥45 million contributed during the reporting period [104]. - The company has a total investment of CNY 1.8 billion in various projects, enhancing its market presence and operational capabilities [109]. - The company reported a total of 648.5 million yuan in expected daily related transactions for the year 2022 [134]. - The company has committed to effective measures to mitigate the dilution of immediate returns from the public offering, including strict fund management and internal controls [126]. - The company will establish a special account for raised funds and sign a tripartite supervision agreement to ensure dedicated use of the funds [126]. Risks and Compliance - The company emphasizes the risks associated with forward-looking statements regarding future plans and strategies, urging investors to be cautious [6]. - The company faces risks in its blockchain business, which has not met market expectations despite significant investment in technology development since 2015 [94]. - The company confirmed compliance with all regulatory requirements, with no violations reported in the current fiscal year [131]. - The company guarantees that its IPO documents do not contain false records or misleading statements, taking legal responsibility for their accuracy [128]. Shareholder and Equity Management - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital during the reporting period [6]. - The company will initiate stock repurchase measures if the closing price of its shares falls below the net asset value per share for 36 consecutive trading days [122]. - The company will disclose any planned share reductions at least 3 trading days in advance [123]. - The company reported a total of 8,179 ordinary shareholders as of the end of the reporting period [142]. - The largest shareholder, Shandong Shanda Capital Operation Co., Ltd., holds 118,342,400 shares, accounting for 29.58% of the total shares [145].

Financial Performance - The company's operating revenue for Q1 2022 was ¥32,156,606.47, representing a decrease of 4.43% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥8,360,376.19, with a net profit excluding non-recurring gains and losses at a loss of ¥12,368,623.77[5] - The company reported a net loss for Q1 2022, with total costs exceeding total revenue[21] - The net profit for Q1 2022 was -8,360,376.19 CNY, compared to -7,030,375.12 CNY in Q1 2021, reflecting a year-over-year decline of approximately 18.9%[22] - Operating profit for Q1 2022 was -9,269,724.96 CNY, slightly worse than -8,502,813.46 CNY in the same period last year[22] - Total revenue from sales and services received in Q1 2022 was 85,616,387.40 CNY, down from 90,183,940.60 CNY in Q1 2021, indicating a decrease of about 5.8%[24] - The total comprehensive income for Q1 2022 was -7,030,375.12 CNY, reflecting a decline from the previous year's total[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥51,137,101.07, indicating a significant cash outflow[6] - The net cash flow from operating activities in Q1 2022 was -51,137,101.07 CNY, worsening from -36,895,790.74 CNY in Q1 2021[25] - Cash and cash equivalents as of March 31, 2022, were CNY 406,304,403.76, down from CNY 494,040,957.76 at the end of 2021, representing a decrease of 17.71%[17] - The company reported a total cash and cash equivalents balance of 394,337,394.10 CNY at the end of Q1 2022, down from 512,859,758.89 CNY at the end of Q1 2021[26] - The total cash outflow from investing activities in Q1 2022 was 36,909,166.73 CNY, significantly lower than 100,373,894.35 CNY in Q1 2021[25] Expenses and Costs - Total operating costs for Q1 2022 increased to CNY 56,820,461.02, up 11.93% from CNY 50,779,677.36 in Q1 2021[21] - Research and development expenses totaled ¥31,383,144.79, accounting for 97.59% of operating revenue, an increase of 16.82 percentage points year-on-year[6] - Research and development expenses increased to 26,826,714.21 CNY in Q1 2022, up from 22,421,076.07 CNY in Q1 2021, marking a rise of approximately 19.5%[22] - The company incurred a credit impairment loss of 3,016,240.72 CNY in Q1 2022, compared to 1,941,086.79 CNY in Q1 2021, indicating an increase of approximately 55.5%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,660,267,582.07, down 3.54% from the end of the previous year[6] - Total assets as of March 31, 2022, were CNY 1,660,267,582.07, down from CNY 1,721,172,342.90 at the end of 2021[19] - Total liabilities decreased to CNY 392,151,860.95 from CNY 448,035,470.59, a reduction of 12.5%[19] - The company's equity attributable to shareholders was CNY 1,268,115,721.12, slightly down from CNY 1,273,136,872.31[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,713[13] - The largest shareholder, Shandong Shanda Capital Operation Co., Ltd., held 29.58% of the shares, totaling 118,342,400 shares[13] Inventory and Prepayments - The company experienced a significant increase in prepayments by 137.74% due to increased business procurement prepayments[10] - Inventory increased by 203.50%, primarily due to hardware and integration projects not yet accepted[10] - Accounts receivable decreased to CNY 142,709,569.78 from CNY 160,497,482.46, a decline of 11.09%[17] - Inventory increased significantly to CNY 51,588,667.10, up from CNY 16,997,781.84, marking a growth of 203.36%[17]

Financial Performance - The company's operating revenue for 2021 was CNY 637,509,880.44, representing a year-over-year increase of 28.67% compared to CNY 495,442,398.64 in 2020[19]. - Net profit attributable to shareholders for 2021 was CNY 103,100,055.19, up 13.04% from CNY 91,208,149.67 in 2020[19]. - The net cash flow from operating activities decreased by 25.42% to CNY 95,414,884.45 in 2021 from CNY 127,944,608.76 in 2020[19]. - The total assets at the end of 2021 were CNY 1,721,172,342.90, reflecting a 4.25% increase from CNY 1,651,081,394.64 at the end of 2020[19]. - Basic earnings per share for 2021 were CNY 0.2577, an increase of 6.44% from CNY 0.2421 in 2020[20]. - The company achieved operating revenue of 637.51 million yuan, a year-on-year increase of 28.67%, and net profit attributable to shareholders of 103.10 million yuan, up 13.04% year-on-year[29]. - The company's total assets at the end of the reporting period were 1.72 billion yuan, with liabilities of 448.04 million yuan and net assets attributable to shareholders of 1.27 billion yuan, reflecting changes of 4.25%, 1.08%, and 5.41% respectively[29]. - The company reported a total revenue of 1,005.10 million, indicating a significant financial performance[150]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year, representing a 20% growth compared to the previous year[152]. Research and Development - The R&D expenditure as a percentage of operating revenue was 18.82% in 2021, down 3.46 percentage points from 22.28% in 2020[20]. - The company invested 119.98 million yuan in R&D, an increase of 8.72% year-on-year, and filed 25 new patents, with 3 granted as invention patents[30]. - The total R&D investment amounted to approximately ¥119.98 million, an increase of 8.72% compared to the previous year, with the ratio of R&D investment to operating income decreasing by 3.46 percentage points to 18.82%[66]. - The company applied for 25 patents and obtained 82 software copyrights during the reporting period[55]. - The company has a total of 469 intellectual property rights, including 380 granted rights, reflecting its commitment to innovation and technology development[64]. - The company has established 8 provincial-level innovation platforms, including a national engineering laboratory for e-commerce transaction technology[91]. - The company has established a cash dividend policy, stating that cash dividends should not be less than 10% of the distributable profits in a profitable year with good cash flow[175]. Market Expansion and Strategy - Revenue from the medical insurance and electricity sectors grew by 39.58% and 28.83% year-on-year, respectively, while revenue from markets outside Shandong province increased by 48.76%, accounting for 29.14% of total revenue[29]. - The company is focusing on expanding its market presence outside Shandong, targeting the Beijing-Tianjin-Hebei region and establishing business centers in the Yangtze River Delta and Pearl River Delta[139]. - The company is exploring potential acquisitions to enhance its product portfolio and market presence[152]. - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of $100 million allocated for potential deals[154]. - The company is actively responding to national carbon neutrality policies by innovating products for distributed photovoltaic online monitoring[49]. Governance and Compliance - The company has established a comprehensive governance system covering management, finance, information disclosure, internal audit, and external investment[143]. - The board of directors consists of 9 members, complying with legal and regulatory requirements[143]. - The company emphasizes timely and accurate communication with investors to protect their rights[143]. - The company has not reported any significant differences in governance compared to regulatory requirements[144]. - The company maintains a focus on enhancing shareholder value through effective governance practices[141]. - The company has implemented a stock incentive plan to motivate employees and align their interests with the company's performance[167]. - The company has established a compensation and assessment committee to review and approve remuneration policies for directors and senior management[157]. Social Responsibility and ESG - The company donated RMB 250,000 during the reporting period, reflecting its commitment to social responsibility[189]. - The company is not classified as a key pollutant discharge unit by environmental protection authorities[190]. - The board emphasizes the importance of ESG management, integrating it into the company's culture and daily operations[188]. - The company has established a robust after-sales service system to enhance customer satisfaction and protect user information security[200]. - The company has a strong commitment to user satisfaction and product quality, with ongoing investments in research and development[199]. Operational Efficiency - The company has successfully completed the demand analysis and platform design for the "Internet + channel micro-application system," enhancing service delivery[80]. - The intelligent monitoring platform for energy theft has been deployed, enhancing security and operational efficiency in energy distribution[80]. - The company has reduced operational costs by 5%, resulting in improved profit margins[154]. - The company has a competitive salary system aimed at attracting and retaining talent, which is crucial for sustainable development[172]. - The company conducted a training program to enhance employee capabilities and core competitiveness, focusing on both general skills and specific job training[174].

Financial Performance - The company's operating revenue for Q3 2021 was ¥118,949,511.48, representing a year-on-year increase of 20.56%[5] - The net profit attributable to shareholders for Q3 2021 was ¥14,745,118.16, a decrease of 29.61% compared to the same period last year[5] - The basic earnings per share for Q3 2021 was ¥0.0369, down 31.92% year-on-year[6] - Operating profit for Q3 2021 was ¥21,141,724.56, a significant recovery from a loss of ¥7,880,590.79 in Q3 2020[21] - Net profit for Q3 2021 was ¥23,388,392.39, compared to a net profit of ¥1,922,363.71 in Q3 2020, indicating a substantial increase[22] - Basic and diluted earnings per share for Q3 2021 were both ¥0.0585, compared to ¥0.0052 in Q3 2020, marking an increase of over 1,000%[23] - Total operating revenue for the first three quarters of 2021 reached ¥257,930,226.60, an increase of 18% compared to ¥218,530,109.87 in the same period of 2020[20] - Total operating costs for the first three quarters of 2021 were ¥257,665,387.68, up from ¥237,962,160.90 in 2020, reflecting a rise of approximately 8%[21] - The company’s total profit for Q3 2021 was ¥21,576,691.55, a recovery from a loss of -¥1,318,975.56 in Q3 2020[22] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was -¥45,332,266.42, indicating a significant cash outflow[5] - Cash flow from operating activities for the first three quarters of 2021 was negative at -¥45,332,266.42, an improvement from -¥68,949,277.57 in the same period of 2020[24] - Cash flow from investing activities generated a net inflow of ¥382,644,468.50 in 2021, contrasting with a net outflow of -¥498,554,425.18 in 2020[24] - The company reported a net increase in cash and cash equivalents of ¥297,261,201.08 for the first three quarters of 2021, compared to a decrease of -¥282,998,676.82 in 2020[24] - Total cash and cash equivalents at the end of Q3 2021 stood at ¥395,230,085.18, up from ¥101,831,762.21 at the end of Q3 2020[24] - Cash and cash equivalents were reported at RMB 403,744,330.12, significantly increasing from RMB 101,101,171.50 in the previous year[16] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥1,582,698,532.76, a decrease of 4.14% from the end of the previous year[6] - As of September 30, 2021, the company's total assets amounted to RMB 1,582,698,532.76, a decrease from RMB 1,651,081,394.64 as of December 31, 2020[16] - The company's current assets totaled RMB 756,134,121.59, down from RMB 915,556,568.45 in the previous year[16] - The company's total liabilities decreased to RMB 391,499,423.25 from RMB 443,269,677.52 year-over-year[18] - The total equity attributable to shareholders was RMB 1,191,199,109.51, down from RMB 1,207,811,717.12 in the previous year[18] - The company reported accounts receivable of RMB 123,940,660.77, a decrease from RMB 183,412,482.78 in the previous year[16] - Inventory increased to RMB 64,055,201.25 from RMB 24,076,199.09 year-over-year[16] - The company’s contract assets were reported at RMB 94,078,629.13, up from RMB 86,886,220.22 in the previous year[16] - The company’s non-current assets totaled RMB 826,564,411.17, an increase from RMB 735,524,826.19 in the previous year[17] Research and Development - Research and development expenses totaled ¥28,131,154.77, accounting for 23.65% of operating revenue, a decrease of 5.17 percentage points from the previous year[6] Government Subsidies - The company has experienced a reduction in government subsidies received, impacting net profit for the current period[11] New Initiatives - The company approved a restricted stock incentive plan on September 30, 2021, which was later approved by the shareholders on October 22, 2021[15] - The company announced the implementation of new leasing standards starting in 2021, affecting the financial statements from the beginning of the year[25]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 138.98 million, representing a 15.95% increase compared to RMB 119.87 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was approximately RMB 8.64 million, a significant recovery from a loss of RMB 19.03 million in the same period last year[19]. - The basic earnings per share for the first half of 2021 was RMB 0.0216, compared to a loss of RMB 0.0528 per share in the same period last year[18]. - The weighted average return on net assets increased to 0.71% from -2.29% in the same period last year, marking a 3 percentage point improvement[18]. - The net cash flow from operating activities for the first half of 2021 was approximately -RMB 53.41 million, an improvement from -RMB 74.09 million in the same period last year[19]. - The total assets at the end of the reporting period were approximately RMB 1.64 billion, a slight decrease of 0.57% from RMB 1.65 billion at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were approximately RMB 1.22 billion, reflecting a 0.72% increase from RMB 1.21 billion at the end of the previous year[19]. Research and Development - Research and development expenses accounted for 41.44% of operating revenue, a decrease of 4.78 percentage points from 46.22% in the same period last year[18]. - Total R&D investment amounted to ¥57,589,071.22, a 3.95% increase compared to ¥55,399,201.72 in the previous period[41]. - The proportion of R&D investment to operating income decreased from 46.22% to 41.44%[41]. - The company capitalized 16.29% of its R&D investment during the reporting period, compared to 0% in the previous period[41]. - The company holds 13 key intellectual properties, including a multi-angle unemployment risk warning device and a pension insurance supplementary payment reminder system[35]. - The company applied for 10 new patents and obtained 2 during the reporting period, bringing the total to 21 patents and 321 software copyrights as of June 30, 2021[39]. Product Development and Innovation - The company has developed new products such as the Smart Social Security Comprehensive Service Platform and online arbitration for labor relations, which have been implemented in multiple cities[23]. - The company has successfully integrated blockchain technology in the "Human Resources Chain," covering over 12 million service objects and facilitating over 8 million transactions[23]. - The company has launched a new generation of hospital information systems, DiWise, and signed nearly 50 contracts for hospital information projects during the reporting period[27]. - The company has achieved significant improvements in the National Medical Insurance Information Platform, with response times for outpatient and inpatient settlements reduced to an average of 0.2 seconds and 0.7 seconds, respectively[25]. - The company has developed innovative products in the electricity data service sector, focusing on energy data analysis and loss control, and has expanded applications in several provinces[26]. - The company has constructed the largest regional integrated blockchain infrastructure in the Yellow River Basin, with six cities completed during the reporting period[25]. Market Expansion and Partnerships - The company is actively expanding its market presence, winning new projects with the Ministry of Human Resources and Social Security and in various provinces[24]. - The company is exploring partnerships with major internet companies like Alibaba, Tencent, and JD.com for pharmaceutical service operations[27]. - The company authorized 35,000 queries and provided credit limits totaling nearly 3 billion CNY in the inclusive finance sector through partnerships with banks[28]. - In the supply chain finance sector, the company served over 8,000 enterprises and facilitated transactions of more than 3,000 digital assets[28]. Financial Management and Investments - The company plans to invest CNY 10 million to establish a technology achievement transformation equity investment fund in collaboration with related parties[75]. - The company has a stable and professional workforce, with 58.55% of employees engaged in R&D and over 98% holding a bachelor's degree or higher[73]. - The company has completed the first phase of its smart software industrial park, covering a total area of 210,000 square meters, capable of accommodating 2,500 to 3,500 employees[73]. - The company reported a total of 1,229,000.00 RMB in related party transactions during the reporting period, with the largest single transaction being 780,000.00 RMB for operation maintenance services[119]. - The company has committed to a stable profit distribution policy, ensuring reasonable returns to shareholders while maintaining sustainable development[119]. Compliance and Governance - The company strictly adhered to environmental protection laws and regulations during the reporting period, with no environmental pollution incidents reported[95]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[116]. - The company has maintained a good integrity status, with no significant debts or court judgments unfulfilled during the reporting period[117]. - The company will ensure that the remuneration system for directors and senior management is linked to the execution of measures to compensate for diluted immediate returns[106]. Future Outlook - Future outlook includes the completion of the design for a blockchain-based government service platform, enhancing data security and efficiency in public service processes[47]. - The company is focusing on developing new technologies in the fields of artificial intelligence and big data, which are expected to drive future growth and innovation[47]. - The company aims to reform its operational model to adapt to a government-led, market-driven service supply structure, promoting a multi-faceted service approach[47].

Financial Performance - The company's operating revenue for 2020 was approximately ¥495.44 million, a decrease of 1.41% compared to ¥488.57 million in 2019[20]. - Net profit attributable to shareholders was approximately ¥91.21 million, representing a 16.67% increase from ¥78.18 million in 2019[20]. - The net cash flow from operating activities increased significantly to approximately ¥127.94 million, a change of 1,024.87% compared to ¥11.37 million in 2019[22]. - The company's total assets reached approximately ¥1.65 billion, an increase of 55.30% from ¥1.06 billion in 2019[20]. - The net assets attributable to shareholders increased to approximately ¥1.21 billion, reflecting a growth of 43.66% from ¥840.74 million in 2019[22]. - Basic earnings per share for 2020 were ¥0.2421, an increase of 11.46% from ¥0.2172 in 2019[21]. - The company's total revenue for the year was 498,705,000.00 RMB, with a net profit of 110,361,430.76 RMB[80]. - The company achieved operating revenue of RMB 494.44 million, a year-on-year increase of 1.41%, and net profit attributable to shareholders of RMB 91.21 million, up 16.67% compared to the previous year[94]. Research and Development - The company's total R&D investment for 2020 was CNY 110.36 million, a significant increase of 44.11% compared to the previous year[57]. - R&D expenses accounted for 22.28% of total revenue, up by 6.6 percentage points from 15.68% in the previous year[57]. - The company applied for 99 new intellectual property rights during the reporting period, of which 82 were granted, bringing the total to 389 applications and 315 grants[55]. - The company launched 20 new patents and received 6 authorizations, totaling 19 patents and 296 copyrights by the end of 2020[53]. - The company has established a three-tiered scientific research and innovation system, which is a core competitive advantage and reflects its technological advancement[41]. - The company has a research and development team of 939 people, accounting for 61.25% of total employees, with over 98% holding a bachelor's degree or higher[100]. Strategic Focus and Market Position - The company focuses on three strategic directions: smart governance, medical insurance, and intelligent electricity, providing software development and technical services to government departments, medical institutions, and State Grid[32]. - The company’s revenue model is stable, primarily derived from software development, technical services, and system integration for government and medical sectors[34]. - The company has established strategic partnerships with major tech firms like Huawei and Alibaba Cloud to enhance its service offerings in smart governance and healthcare[91]. - The company is committed to ensuring the fairness, security, sustainability, and accessibility of the healthcare insurance system for the public[72]. - The company aims to become a leading "AI + Blockchain" technology service provider in China, focusing on smart governance, healthcare, and intelligent energy sectors[142]. Risk Management - The company has detailed various operational risks and corresponding mitigation measures in the report[4]. - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the report[6]. - The company faces risks related to core competitiveness due to rapid technological advancements in the software and information technology service industry[104]. - The company faces risks related to rising labor costs, which could negatively impact the gross margin of its software development business[106]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Da Hua Accounting Firm[8]. - The company has no violations of decision-making procedures for external guarantees[7]. - The company has committed to protecting investor interests and will announce any violations of commitments promptly[171]. - The company will not issue any securities until all adverse effects from unfulfilled commitments are eliminated, including stocks and bonds[166]. - The company will take corrective actions within the regulatory timeframe if commitments are not fulfilled[166]. Investment and Financial Strategy - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares, totaling approximately RMB 40,001,000 for the year 2020[5]. - The company does not plan to increase capital reserves or issue bonus shares for the year 2020[5]. - The company will stabilize its stock price through share buybacks and increases in shareholding by major shareholders and executives if specific conditions are met[161]. - The company has committed to effective measures to enhance the efficiency of raised funds, ensuring compliance with regulations and proper usage of funds[164]. - The company will establish a special account for raised funds and sign a tripartite supervision agreement with banks and sponsors[164]. Technology and Innovation - The company’s research and development efforts have led to breakthroughs in key technologies such as big data, blockchain, cloud computing, and artificial intelligence, enhancing its digital platform capabilities[48]. - The company has developed a core technology that supports the operation of specialized, modular, and horizontally scalable big data aggregation platforms, enhancing data analysis speed and application support[50]. - The company has developed a blockchain-based intelligent and trustworthy transmission platform, aimed at reforming social security supply models and improving public service processes[67]. - The company is focused on improving machine learning algorithms suitable for the healthcare sector, particularly in analyzing large volumes of medical insurance and health data[50]. Social Responsibility and Community Engagement - The company actively participates in social responsibility initiatives, including developing platforms for pandemic information and services for migrant workers[197]. - The company complies with environmental protection laws and has not experienced any environmental pollution incidents during the reporting period[198].

Financial Performance - Operating revenue for the period was CNY 33,648,103.23, representing a decline of 13.65% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY -7,030,375.12, showing an improvement from CNY -13,882,048.92 in the same period last year[5] - The company reported non-recurring gains of CNY 3,089,484.10 for the period[8] - Basic and diluted earnings per share were both CNY -0.0176, an improvement from CNY -0.0386 in the previous year[5] - The company expects to achieve profitability in the second quarter, as the adverse effects of the COVID-19 pandemic have largely dissipated[13] - The net profit for Q1 2021 was -¥7,030,375.12, an improvement from -¥13,882,048.92 in Q1 2020, indicating a reduction in losses by approximately 49.3%[28] - The total comprehensive income for Q1 2021 was -¥7,030,375.12, compared to -¥13,882,048.92 in Q1 2020, showing a reduction in comprehensive losses by 49.3%[28] Cash Flow - The net cash flow from operating activities improved to CNY -36,895,790.74 from CNY -60,533,603.13 year-on-year[5] - The company's operating cash flow improved, with a net cash flow from operating activities of RMB -36,895,790.74, an improvement from RMB -60,533,603.13 in the same period last year[12] - The company reported a net cash flow from operating activities of -¥36,895,790.74 in Q1 2021, an improvement from -¥60,533,603.13 in Q1 2020[35] - The company received cash from operating activities totaling ¥116,771,474.92 in Q1 2021, up from ¥65,120,710.40 in Q1 2020[35] - The net cash flow from operating activities was negative at CNY -36,411,299.71, an improvement from CNY -58,037,867.69 in the same period last year[38] - The company experienced a net increase in cash and cash equivalents of CNY 415,817,516.88 during the quarter, compared to a decrease of CNY -85,157,580.98 in the previous year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,638,659,909.36, a decrease of 0.75% compared to the end of the previous year[5] - The company's total liabilities decreased to CNY 435,341,173.50 in Q1 2021 from CNY 441,362,550.75 in Q4 2020, reflecting a reduction of approximately 1.5%[23] - The company's equity attributable to shareholders was CNY 1,210,342,006.75, a decrease from CNY 1,215,459,980.00 in the previous quarter[23] - Total assets as of March 31, 2021, were CNY 1,645,683,180.25, slightly down from CNY 1,656,822,530.75 at the end of 2020[23] - The total assets of the company decreased to RMB 1,638,659,909.36 from RMB 1,651,081,394.64, indicating a slight decline in overall asset value[18] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,112[9] - The largest shareholder, Shandong Shanda Capital Management Co., Ltd., held 29.58% of the shares[9] Research and Development - Research and development expenses accounted for 80.77% of operating revenue, an increase of 7.19 percentage points compared to the previous year[6] - The company capitalized research and development expenses, resulting in a 49.54% increase in development expenditures to RMB 14,354,362.51 from RMB 9,599,275.91[12] - Research and development expenses for Q1 2021 were ¥20,863,385.24, down from ¥27,128,137.94 in Q1 2020, reflecting a decrease of 23.1%[30] Operating Costs and Expenses - The company reported a 40.56% decrease in operating costs to RMB 10,674,818.87 from RMB 17,957,683.81, attributed to a lower proportion of hardware and system integration projects[12] - Sales expenses increased by 52.47% to RMB 6,248,937.44 from RMB 4,098,553.09, reflecting the company's ongoing efforts to expand its market presence[12] - The financial expenses for Q1 2021 were -¥501,459.38, a decrease from -¥1,338,776.58 in Q1 2020, indicating a reduction of 62.6%[30] Inventory and Receivables - Accounts receivable rose by 1,496.49% to RMB 29,804,272.60 from RMB 1,866,865.00, primarily due to the receipt of bank acceptance bills from customers[12] - Inventory increased by 183.33% to RMB 68,215,163.53 from RMB 24,076,199.09, mainly due to unaccepted large integrated projects[12] - The company reported a decrease in accounts receivable to CNY 131,234,436.35 from CNY 182,091,880.49 year-over-year[21] Government Subsidies and Deferred Income - The company received government subsidies, leading to a 32.93% increase in deferred income to RMB 64,164,495.22 from RMB 48,269,424.96[12] - Deferred income rose to CNY 64,164,495.22 from CNY 48,269,424.96, marking an increase of about 33%[23]

Financial Performance - Net profit attributable to shareholders of the listed company rose by 191.44% to CNY 1,922,363.71 year-on-year[7] - The diluted earnings per share increased by 188.89% to CNY 0.0052[8] - Net profit increased by 191.44% to ¥1,922,363.71 from ¥659,609.22, attributed to a higher proportion of software development and increased government subsidies[18] - Other income grew by 69.85% to ¥12,337,419.81 from ¥7,263,512.53 due to increased government grants[18] - The company reported a net profit margin of approximately 10.5% for the first three quarters of 2020, down from 11.1% in the same period of 2019[32] - The net profit for Q3 2020 reached CNY 21,404,014.92, an increase of 126.5% from CNY 9,467,160.95 in Q3 2019[36] - The total profit for Q3 2020 was CNY 19,448,523.53, an increase of 79.5% from CNY 10,876,148.78 in Q3 2019[36] - The company reported a basic earnings per share of CNY 4.62 for the third quarter of 2020, reflecting an increase compared to the previous year[37] Revenue and Costs - Operating revenue decreased slightly by 0.26% to CNY 218,530,109.87 compared to the same period last year[7] - Total operating revenue for Q3 2020 was ¥98,664,273.54, a decrease of 1.4% compared to ¥100,047,470.11 in Q3 2019[32] - Total operating costs for Q3 2020 were ¥89,238,390.33, down from ¥94,202,654.10 in Q3 2019, reflecting a cost reduction strategy[32] - The company reported a decrease in operating costs to CNY 42,173,932.51 in Q3 2020 from CNY 54,649,045.72 in Q3 2019, a reduction of 22.9%[36] - Other income for Q3 2020 was CNY 2,915,232.42, compared to CNY 3,628,906.84 in Q3 2019, reflecting a decrease of 19.6%[36] Assets and Liabilities - Total assets increased by 27.22% to CNY 1,352,513,268.82 compared to the end of the previous year[7] - The total liabilities increased to ¥231,534,933.08 in Q3 2020 from ¥219,435,448.87 in Q3 2019, indicating a rise in financial obligations[29] - Total current assets decreased slightly to CNY 651,610,045.71 from CNY 652,206,812.51, a reduction of CNY 596,766.80[47] - Total liabilities increased by CNY 3,541,316.73, reaching CNY 225,965,984.00[48] - The company reported a total of CNY 80,193,470.36 in fixed assets, unchanged from the previous period[47] Cash Flow - The company reported a net cash flow from operating activities of CNY -68,949,277.57, an improvement from CNY -87,409,912.14 in the previous year[7] - Cash flow from operating activities improved to -¥68,949,277.57 from -¥87,409,912.14, reflecting reduced cash payments and increased cash receipts from sales[19] - Cash inflows from financing activities totaled CNY 295,881,200.00 in the first three quarters of 2020, with a net cash flow of CNY 284,505,025.93, contrasting with a net outflow of -CNY 35,912,390.95 in 2019[40] - The ending cash and cash equivalents balance as of the end of the third quarter of 2020 was CNY 101,831,762.21, down from CNY 313,630,189.58 at the end of the same period in 2019[40] Shareholder Information - The number of shareholders reached 10,161, with the top ten shareholders holding a significant portion of shares[12] - The largest shareholder, Shandong Shanda Capital, holds 29.58% of the shares[13] - The equity attributable to shareholders rose to ¥1,125,689,370.66 in Q3 2020, compared to ¥843,868,206.92 in Q3 2019, showing strong growth in shareholder value[29] Research and Development - Research and development expenses accounted for 38.36% of operating income, an increase of 8.35 percentage points[8] - Research and development expenses for Q3 2020 were CNY 23,242,723.24, down from CNY 25,197,594.17 in Q3 2019, reflecting a decrease of 7.7%[36] Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[32] - The company plans to continue focusing on expanding its market presence and investing in new technologies to drive future growth[37] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 8,728,188.51 for the current period[11] - Cash and cash equivalents decreased by 73.16% to ¥104,594,528.21 from ¥389,665,635.03 due to reclassification of structured deposits[16] - Accounts receivable increased by 59.60% to ¥9,181,151.28 from ¥5,752,561.87 as a result of receiving customer bank acceptance bills[17] - Prepayments surged by 160.53% to ¥26,322,063.96 from ¥10,103,278.19 primarily due to increased business procurement prepayments[17] - Inventory rose by 101.38% to ¥47,463,734.29 from ¥23,569,390.00 driven by increased purchases and unaccepted large integration projects[17] - Other current assets skyrocketed by 11,399.21% to ¥381,045,272.48 from ¥3,313,666.09 due to the purchase of structured deposits[17]