Financial Performance - The company's operating revenue for Q1 2023 was ¥167,126,801.17, representing a year-on-year increase of 4.41%[5] - The net profit attributable to shareholders for the same period was ¥39,808,515.45, reflecting an increase of 11.77% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥34,032,849.99, which is up by 15.88% year-on-year[5] - Total operating revenue for Q1 2023 was RMB 167,126,801.17, a 4.6% increase from RMB 160,070,666.45 in Q1 2022[18] - Net profit for Q1 2023 was RMB 39,750,174.28, up 12.6% from RMB 35,384,424.50 in Q1 2022[19] - Operating profit for Q1 2023 was RMB 42,593,918.90, an increase of 9.0% from RMB 39,046,349.95 in Q1 2022[19] - Total comprehensive income for Q1 2023 was RMB 39,857,486.10, compared to RMB 34,815,732.94 in Q1 2022, indicating an increase of 14.0%[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,433,671,843.02, showing a decrease of 1.26% from the end of the previous year[6] - As of March 31, 2023, the company's total assets amounted to CNY 1,433,671,843.02, a decrease from CNY 1,451,995,669.49 at the end of 2022[15] - The company's total liabilities decreased to CNY 66,178,090.45 from CNY 109,389,834.69, indicating a reduction of approximately 39.5%[17] - The equity attributable to shareholders increased to CNY 1,366,761,224.48 from CNY 1,341,814,965.54, showing an increase of about 1.8%[17] Cash Flow - The net cash flow from operating activities was -¥5,218,891.93, which is not applicable for year-on-year comparison[6] - Cash flow from operating activities showed a net outflow of RMB 5,218,891.93 in Q1 2023, worsening from a net outflow of RMB 1,375,426.05 in Q1 2022[23] - The net cash flow from investing activities for Q1 2023 was -$37,181,924.54, compared to -$88,011,908.60 in the same period last year[24] - The net cash flow from financing activities was -$17,655,747.40, with cash outflows totaling $17,655,747.40 for debt repayment and other financing activities[24] - The net increase in cash and cash equivalents for Q1 2023 was -$64,389,952.64, compared to -$111,380,089.64 in Q1 2022[24] Research and Development - The company's R&D investment totaled ¥18,568,751.44, accounting for 11.11% of operating revenue, which is an increase of 0.93 percentage points[6] - Research and development expenses increased to RMB 18,568,751.44 in Q1 2023, a rise of 14.0% compared to RMB 16,297,701.36 in Q1 2022[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,181[10] - The basic earnings per share for Q1 2023 was ¥0.0996, up by 11.91% year-on-year[6] - Basic and diluted earnings per share for Q1 2023 were both RMB 0.0996, compared to RMB 0.0890 in Q1 2022, reflecting a growth of 12.9%[20] Inventory and Receivables - Accounts receivable increased to CNY 120,408,844.14, up from CNY 115,137,384.32, representing a growth of about 4.0%[15] - The company's inventory rose to CNY 6,666,219.41, compared to CNY 3,883,150.38, marking an increase of approximately 71.5%[15] Other Financial Metrics - The weighted average return on net assets was 2.92%, an increase of 0.16 percentage points compared to the previous year[6] - The company's cash and cash equivalents decreased to CNY 480,043,535.73 from CNY 544,433,488.37, reflecting a decline of approximately 11.8%[15] - The company reported non-recurring gains of ¥5,775,665.46 for the period, after accounting for tax effects and minority interests[8] - The company reported a significant decrease in employee compensation payable, which fell to CNY 10,268,062.61 from CNY 41,582,886.96, a reduction of approximately 75.3%[16] Accounting Changes - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[24] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[14]

Financial Performance - In 2022, the company's operating revenue was CNY 654,511,953.20, a slight increase of 0.28% compared to CNY 652,663,287.40 in 2021[24]. - The net profit attributable to shareholders was CNY 141,189,858.33, representing a decrease of 3.29% from CNY 145,993,062.08 in the previous year[24]. - The net cash flow from operating activities increased by 9.31% to CNY 138,807,368.88, up from CNY 126,983,458.17 in 2021[24]. - The company's total assets at the end of 2022 were CNY 1,451,995,669.49, reflecting a growth of 5.34% from CNY 1,378,425,411.73 in 2021[24]. - The basic earnings per share for 2022 was CNY 0.3530, down 3.29% from CNY 0.3650 in 2021[25]. - The company's total revenue for the year was 15,961.02 million, showing an increase from 15,623.48 million, representing a growth of approximately 2.16%[161]. - The company reported a net profit of 337.54 million, with a significant increase of 572.95 million compared to the previous period[161]. Dividend Policy - The proposed cash dividend for 2022 is RMB 2 per 10 shares, totaling approximately RMB 79.77 million, which represents 56.50% of the net profit attributable to shareholders[5]. - The total share capital as of the report date is 400,010,003 shares, with 398,868,808 shares available for dividend distribution after accounting for repurchased shares[5]. - The cash dividend policy aims to protect the legitimate rights and interests of minority investors[189]. - The cash dividend distribution plan for 2022 has been approved by the board and requires shareholder meeting approval for implementation[192]. - The independent directors and supervisory board have expressed their agreement with the cash dividend proposal, ensuring compliance with corporate governance standards[193]. Research and Development - The company invested CNY 64.2365 million in R&D during the reporting period and has obtained 232 software copyrights and 5 invention patents[44]. - Research and development expenses accounted for 9.81% of operating revenue, an increase from 9.74% in 2021[25]. - The total R&D investment for the year was approximately ¥64.24 million, representing a 1.04% increase from the previous year, and accounting for 9.81% of total revenue[77]. - The company is committed to continuous investment in R&D, particularly in emerging technologies such as cloud computing, big data, and artificial intelligence, to meet the growing demand across various industries[147]. Operational Efficiency - The company has implemented automation in various business modules, significantly reducing manual labor[79]. - The company aims to improve operational efficiency by implementing a Business Rule Management System (BRMS) to streamline frequently changing business processes[17]. - The company has established a strong project management capability, allowing for effective cost control and high personnel utilization rates[93]. - The company has expanded its software development bases in second and third-tier cities to further reduce operational costs[94]. Market Strategy and Growth - The company is focusing on software development for the Japanese market and domestic application software solutions, with significant project deliveries in progress[34]. - The company is actively expanding its market presence through innovative service models in various consumer scenarios[74]. - The company plans to leverage standardized financial technology to enhance the digital ecosystem in the financial industry[57]. - The company is exploring new markets to diversify its revenue streams and reduce dependency on existing markets[163]. Governance and Compliance - The governance structure of the company complies with relevant laws and regulations, ensuring effective operation and protection of shareholder interests[155]. - The company has not reported any non-operational fund occupation by controlling shareholders or related parties[9]. - The company has not violated any decision-making procedures for providing guarantees[9]. - The report indicates that all board members attended the board meeting, ensuring governance compliance[5]. Risks and Challenges - The company has outlined various operational risks in the management discussion and analysis section of the report[4]. - The company faces risks related to reliance on the Japanese market, which is its primary source of revenue[98]. - The company is also exposed to risks from high customer concentration, particularly with its largest client, Nomura Research Institute[99]. Technology and Innovation - The company has developed a digital wallet using blockchain technology, supporting both iOS and Android platforms, ensuring user data security and asset management[41]. - The company has developed a multi-functional rapid development platform, recognized as a high-tech product, enhancing software development efficiency[67]. - The company is leveraging data analytics and automated procurement capabilities to provide personalized marketing solutions and improve overall service delivery[89]. - The integration of advanced technologies is expected to significantly improve software reusability and simplify development and maintenance processes[80].

证券代码：688588 证券简称：凌志软件 公告编号：2023-016 苏州工业园区凌志软件股份有限公司 关于召开 2022 年度业绩说明会的公告 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法律责任。 重要内容提示： 投资者可于 2023 年 4 月 17 日（星期一） 下午 16:00 前登录上证路演中心 网站首页点击"提问预征集"栏目或通过公司邮箱（info@linkstec.com）进行 提问。公司将在说明会上对投资者普遍关注的问题进行回答。 苏州工业园区凌志软件股份有限公司（以下简称"公司"）已于 2023 年 4 月 7 日发布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 4 月 18 日下午 15:00- 16:00 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就 ...

2022 年第三季度报告 证券代码：688588 证券简称：凌志软件 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | 年初至报告期末 | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 147,149,182.37 | | 1.36 470,311,811.69 | 0.56 | | 归属于上市公司股东的 净利润 | 21,160,614.76 | -25.99 | 78,480,741.32 | -23.17 | | 归属于上市公司股东的 扣除非经常性损益的净 | 18,510,180.34 | -18.42 | 54,886,574.92 | -38.13 | | 利润 | | | | | 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。 公司负责人张宝泉、 ...

Financial Performance - The basic earnings per share for the first half of 2022 was CNY 0.14, a decrease of 22.22% compared to CNY 0.18 in the same period last year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 44.90% year-on-year[20]. - The diluted earnings per share also stood at CNY 0.14, reflecting the same 22.22% decline from CNY 0.18 year-on-year[20]. - The weighted average return on net assets was 4.45%, down by 1.50 percentage points from 5.95% in the previous year[20]. - The weighted average return on net assets after deducting non-recurring gains and losses was 2.85%, a decrease of 2.49 percentage points from 5.34%[20]. - The significant decline in net profit was primarily due to the notable depreciation of the Japanese yen, which adversely affected the company's operating revenue and foreign exchange gains and losses[20]. - The company's operating revenue for the first half of the year was CNY 323.16 million, a slight increase of 0.19% compared to the same period last year[21]. - The net profit attributable to shareholders decreased by 22.08% to CNY 57.32 million, while the net profit excluding non-recurring gains and losses dropped by 44.90% to CNY 36.38 million[21]. - The total assets at the end of the reporting period were CNY 1.33 billion, down 3.41% from the end of the previous year[21]. - The company reported a total revenue of 10,070 million RMB for the first half of 2022, with a net profit of 3,510.56 million RMB, representing an increase of 8,151.67 million RMB compared to the previous year[45]. Research and Development - The R&D investment accounted for 10.86% of operating revenue, an increase of 1.18 percentage points compared to 9.68% in the previous year[20]. - Research and development expenses totaled approximately ¥35.1 million, representing a 12.47% increase from the previous year, and accounted for 10.86% of total revenue[41]. - The number of R&D personnel decreased to 253, accounting for 13.97% of the total workforce, down from 16.19% in the previous year[47]. - Total compensation for R&D personnel increased to 33,678,665.61 RMB, with an average salary of 133,117.26 RMB, up from 114,279.80 RMB in the previous year[47]. - The company holds 4 invention patents and 227 software copyrights, with ongoing projects in development, reflecting strong R&D capabilities[39]. Market Position and Client Base - The company has established a significant market position in Japan's financial software development sector, becoming one of the largest suppliers for Nomura Research Institute[28]. - The company has accumulated over 70 clients in the domestic securities market, including major firms like Guotai Junan and Huatai Securities, enhancing its market presence[28]. - The company has a strong presence in the Japanese financial sector, with major clients like Nomura Research Institute, leading to high profitability in software development projects[51]. - The company has developed a strong client base in the domestic market, serving over 70 securities firms and more than 10 asset management companies, which supports its growth strategy[55]. Technology and Innovation - The company focuses on high-value software development services, maintaining a competitive edge due to high entry barriers in the industry[25]. - The company is committed to leveraging emerging technologies in the financial sector, providing comprehensive software development services across various financial domains[26]. - The company employs an independent R&D model, closely tracking international technology trends to enhance its core technologies[30]. - The company has established a low-code development platform that enhances development efficiency and reduces technical barriers for developers, representing a significant upgrade from previous platforms[32]. - The company’s core technologies include big data, cloud computing, and mobile application development, all of which are self-developed and tailored to the financial sector[32]. - The company has developed a cloud-based platform for managing loyalty points across different business sectors, utilizing AWS services for data collection and analysis[45]. - The company has developed innovative solutions for unmanned services in retail and other sectors, capitalizing on the "unmanned economy" trend accelerated by the pandemic[38]. Financial Risks and Challenges - The company faces risks related to outsourcing software development, as reliance on external vendors may lead to service shortages or quality declines if they cannot keep pace with the company's growth[73]. - Financial risks are present due to varying project costs and the customized nature of contracts, leading to fluctuations in gross profit margins[74]. - The company is exposed to industry risks as software development trends shift towards cloud and mobile solutions, necessitating continuous adaptation to meet evolving customer demands[75]. - The company's revenue is significantly affected by exchange rate fluctuations, particularly with the Japanese yen, as most income is denominated in yen while costs are primarily in RMB[76]. - The ongoing COVID-19 pandemic has introduced uncertainties that could impact the company's operations and the macroeconomic environment[77]. Shareholder and Equity Information - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital during this reporting period[5]. - The company has implemented a stock incentive plan, with details disclosed in previous announcements[100]. - The company held its annual general meeting on April 28, 2022, where it approved the termination of the 2021 restricted stock incentive plan[101]. - The company has committed to maintaining stable operations and ensuring control arrangements after the lock-up period for share reductions[106]. - The company will ensure compliance with the Shanghai Stock Exchange's regulations regarding major violations and delisting standards[107]. - The company has established a commitment to maintain share prices above the initial public offering price during the 2 years following the lock-up period[109]. Operational Efficiency - The company has achieved significant improvements in operational efficiency by redesigning backend systems and optimizing business logic through domain-driven design (DDD) principles[49]. - The company has completed the development of a big data analytics platform aimed at providing one-stop sales forecasting solutions for enterprises[45]. - The company has enhanced its data analysis and modeling capabilities through the use of Google Analytics and DataRobot, enabling automated procurement and personalized recommendation services[50]. - The company has implemented machine learning techniques to enhance customer targeting and personalized marketing strategies, particularly in the insurance sector[49]. Compliance and Governance - The company has not reported any employee stock ownership plans or other incentive measures during the reporting period[102]. - The company has not disclosed any significant changes in environmental information during the reporting period[104]. - The company has not faced any penalties or corrective actions related to legal violations by its directors, supervisors, or senior management[121]. - The company is committed to avoiding related party transactions and will adhere to legal procedures if unavoidable transactions occur[119].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 160,070,666.45, representing a year-on-year increase of 0.32%[5] - The net profit attributable to shareholders for the same period was CNY 35,617,045.69, with a year-on-year increase of 0.80%[5] - The net profit after deducting non-recurring gains and losses decreased by 6.55% to CNY 29,369,923.60[5] - The basic earnings per share for the quarter was CNY 0.0890, an increase of 0.79%[5] - Total operating revenue for Q1 2022 was RMB 160,070,666.45, a slight increase of 0.32% compared to RMB 159,558,283.30 in Q1 2021[19] - Net profit for Q1 2022 reached RMB 35,384,424.50, representing a marginal increase from RMB 35,212,879.38 in Q1 2021[20] - Basic and diluted earnings per share for Q1 2022 were both RMB 0.0890, compared to RMB 0.0883 in Q1 2021[21] - The company reported an investment income of RMB 7,788,197.60 in Q1 2022, significantly higher than RMB 1,306,488.96 in Q1 2021[19] - Other comprehensive income after tax for Q1 2022 was RMB -568,691.56, compared to RMB -731,078.85 in Q1 2021[20] Expenses and Costs - Research and development expenses totaled CNY 16,297,701.36, accounting for 10.18% of operating revenue, an increase of 0.39 percentage points year-on-year[6] - Total operating costs for Q1 2022 were RMB 134,219,788.34, up 6.93% from RMB 126,208,086.09 in Q1 2021[19] - Research and development expenses for Q1 2022 were RMB 16,297,701.36, up from RMB 15,614,244.93 in Q1 2021[19] Cash Flow - The net cash flow from operating activities was negative at CNY -1,375,426.05, with no applicable year-on-year comparison[5] - The net cash flow from operating activities was -$1,375,426.05, an improvement from -$9,323,420.62 in the previous year, indicating a significant reduction in cash outflow[23] - Total cash inflow from investment activities was $333,136,412.40, down from $463,495,293.63 year-over-year[23] - The net cash flow from investment activities was -$88,011,908.60, contrasting with a positive cash flow of $5,088,871.53 in the same quarter last year[23] - The total cash outflow from operating activities was $173,245,225.08, compared to $161,095,608.11 in the previous year[23] - The total cash decrease for the period was -$111,380,089.64, compared to -$15,179,347.91 in the same quarter last year[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,379,411,004.95, reflecting a slight increase of 0.07% compared to the end of the previous year[6] - As of March 31, 2022, the company's total assets amounted to approximately CNY 1,379,411,004.95, a slight increase from CNY 1,378,425,411.73 at the end of 2021[14] - The company's cash and cash equivalents decreased to CNY 402,497,996.03 from CNY 513,878,085.67, representing a decline of approximately 21.7%[14] - The trading financial assets increased to CNY 462,010,498.42 from CNY 360,806,696.17, reflecting a growth of about 28.0%[14] - Accounts receivable rose to CNY 98,345,509.69 from CNY 93,532,185.00, indicating an increase of approximately 5.9%[14] - Total current assets slightly decreased to CNY 980,917,978.40 from CNY 982,024,043.35, a reduction of about 0.1%[15] - Non-current assets totaled CNY 398,493,026.55, up from CNY 396,401,368.38, showing an increase of approximately 0.5%[15] - The company's accounts payable decreased to CNY 12,852,017.80 from CNY 14,397,842.46, a decline of about 10.8%[15] - The company's employee compensation payable dropped significantly to CNY 11,928,504.02 from CNY 39,325,276.23, a decrease of approximately 69.7%[15] - The company reported a contract liability of CNY 5,365,848.42, which increased from CNY 2,599,216.18, reflecting a growth of about 106.8%[15] - Total liabilities decreased to RMB 70,334,586.94 in Q1 2022 from RMB 104,164,726.66 in Q1 2021[19] - Total equity attributable to shareholders increased to RMB 1,308,030,339.05 in Q1 2022 from RMB 1,272,981,984.91 in Q1 2021[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,847[10] - The top shareholder, Zhang Baoquan, held 79,425,226 shares, representing 19.86% of the total shares[10] - The weighted average return on equity was 2.76%, a decrease of 0.14 percentage points[6]

Financial Performance - The company achieved operating revenue of CNY 652.66 million in 2021, representing a year-on-year growth of 3.58%[21]. - Net profit attributable to shareholders decreased by 27.28% to CNY 145.99 million in 2021[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 28.81% to CNY 107.80 million[21]. - The company's cash flow from operating activities was CNY 126.98 million, down 25.00% compared to the previous year[21]. - The company's total assets increased by 5.73% to CNY 1.38 billion at the end of 2021[21]. - The basic earnings per share decreased by 29.70% to CNY 0.3650 in 2021[22]. - The company reported a significant impact from the depreciation of the Japanese yen, which affected both revenue and exchange losses[30]. - The company reported a total revenue of 11,750 million RMB, with a net profit of 6,357.48 million RMB for the year 2021[73]. Research and Development - Research and development expenses accounted for 9.74% of operating revenue, an increase of 0.32 percentage points from the previous year[22]. - The company invested ¥63,574,800 in R&D during the reporting period, obtaining 210 software copyrights and 4 invention patents[42]. - Total R&D expenses increased to ¥63,574,793.37, up 7.10% from the previous year[67]. - The company has significantly invested in emerging technologies such as cloud computing, big data, and artificial intelligence, which are now integrated into most of its software development projects[77]. - The company has developed a range of products and engines that combine big data analysis and artificial intelligence algorithms, enhancing its service offerings[78]. Market Position and Strategy - The company remains heavily reliant on the Japanese market for software development services, posing a risk if market conditions change[87]. - The company is focused on the application of emerging technologies in the financial sector, providing comprehensive software development services across various financial fields[43]. - The company aims to achieve a software business revenue exceeding 14 trillion yuan by 2025, with an average annual growth rate of over 12%[124]. - The company plans to enhance its delivery capabilities by expanding its development and research teams, focusing on modular, automated, and tool-based development processes[126]. - The company is committed to increasing R&D investment in emerging technologies such as cloud computing, big data, and artificial intelligence to meet growing service demands across various industries[128]. Corporate Governance - The company has not disclosed any special arrangements for corporate governance[7]. - The company has a governance structure that complies with relevant laws and regulations, ensuring the legality and effectiveness of meeting resolutions[133]. - The company’s management team, including the chairman and core technical personnel, maintained their shareholdings without any changes during the reporting period[137]. - The company continues to focus on maintaining a robust governance framework with independent oversight from its board members[144]. - The company has implemented a comprehensive talent training system to develop high-skilled professionals, ensuring a stable workforce for future growth[85]. Risk Factors - The fluctuation of the Japanese yen poses a significant risk to the company's profit levels due to its revenue being primarily in yen while costs are in RMB[91]. - The company faces risks related to high customer concentration, particularly with its largest client, Nomura Research Institute[87]. - The company has detailed various operational risks in the "Management Discussion and Analysis" section of the report[4]. Shareholder Information - The company plans to distribute cash dividends of RMB 2 per 10 shares, totaling approximately RMB 80 million, which accounts for 54.80% of the net profit attributable to shareholders in 2021[5]. - The company has established a cash dividend policy that requires a minimum of 10% of the distributable profit to be distributed as cash dividends in any given year[163]. - The company has six employee shareholding platforms, indicating a structured approach to employee equity participation[143]. - The actual controller and shareholders of Lingzhi Software committed to holding their shares for a minimum of 36 months post-IPO, with no transfer or management of shares during this period[198]. Technology and Innovation - The company is actively expanding its customer base and projects while enhancing technology and product innovation[30]. - The company has developed proprietary core technologies, including project management systems and automated testing platforms, which significantly improve software development efficiency[58]. - The company has developed a microservices architecture based on cloud computing, utilizing container technology to package services, which reduces system complexity and allows for independent deployment and expansion[60]. - The integration of big data and artificial intelligence technologies is crucial for the company's data processing capabilities, supporting various applications including data mining and system interconnectivity[58]. Financial Management - The company has implemented a stable profit distribution policy to ensure reasonable returns for investors, emphasizing transparency and compliance with legal regulations[187]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 522.92 million[146]. - The company has established a fair and scientific salary and performance evaluation system to enhance employee motivation and efficiency[160]. - The company has a stock incentive plan in place, which is designed to align employee interests with shareholder value[169].

Financial Performance - The company's operating revenue for Q3 2021 was ¥145,175,907.97, a decrease of 12.47% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥28,592,648.41, representing a decline of 56.89% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,690,787.75, down 55.48% from the previous year[5]. - Basic and diluted earnings per share for Q3 2021 were both ¥0.07, a decrease of 56.89% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥467,715,502.22, an increase from ¥446,210,006.28 in the same period of 2020, representing a growth of approximately 4.5%[19]. - Net profit for the third quarter of 2021 was ¥101,722,978.66, down from ¥137,256,655.76 in the same quarter of 2020, reflecting a decrease of approximately 26%[21]. - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 101,118,157.76, a decrease of 26.2% compared to CNY 137,132,145.53 in Q3 2020[22]. - Basic and diluted earnings per share for Q3 2021 were CNY 0.2554, down from CNY 0.3600 in Q3 2020, reflecting a decline of 29.1%[22]. Research and Development - The total R&D investment for Q3 2021 was ¥14,312,824.08, a decrease of 9.16% year-on-year, while the R&D investment as a percentage of operating revenue increased to 9.86%[6]. - Research and development expenses for the first three quarters of 2021 were ¥45,527,300.25, compared to ¥42,268,895.94 in the same period of 2020, showing an increase of approximately 7.5%[19]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,300,233,296.84, a slight decrease of 0.27% from the end of the previous year[6]. - The company's total assets as of the end of the third quarter of 2021 amounted to ¥1,300,233,296.84, slightly down from ¥1,303,729,531.21 at the end of the previous year[17]. - Total liabilities decreased to ¥78,080,984.06 in the third quarter of 2021 from ¥102,262,227.45 in the same quarter of 2020, a reduction of about 23.6%[17]. - The company reported a decrease in accounts payable from ¥12,147,943.65 in the previous year to ¥10,269,908.19 in the current year, a decline of about 15.5%[17]. - Total liabilities amounted to 102,262,227.45, a decrease of 5,153,275.00 compared to the previous period[28]. - Non-current liabilities totaled 8,690,169.63, reflecting a decrease of 2,991,850.00 from the previous period[28]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥62,150,925.17, reflecting a decrease of 33.99%[6]. - Operating cash flow for the first three quarters of 2021 was CNY 62,150,925.17, a decrease of 34.0% compared to CNY 94,156,201.25 in the same period of 2020[24]. - Cash inflow from operating activities totaled CNY 492,945,534.01 in Q3 2021, compared to CNY 478,379,401.35 in Q3 2020, indicating a growth of 3.5%[24]. - Cash flow from investment activities generated a net inflow of CNY 62,493,989.55 in the first three quarters of 2021, a significant improvement from a net outflow of CNY 313,853,078.63 in the same period of 2020[24]. - The net increase in cash and cash equivalents for Q3 2021 was CNY 23,613,729.14, down from CNY 78,837,728.54 in Q3 2020, reflecting a decrease of 70.0%[25]. Shareholder Structure - The company has a significant shareholder structure, with Zhang Baoquan holding 19.86% and Wu Yanfang holding 16.67% of the shares, indicating a strong control by these two individuals[14]. - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder alone holding nearly 20%[14]. Operational Strategy - The company has not reported any significant changes in its operational strategies or new product developments during the quarter[15]. - There are no significant concerns raised regarding the company's financial health or operational performance in the current report[15]. - The company has not disclosed any future guidance or outlook for the upcoming quarters in the current report[15]. - The company plans to continue focusing on R&D and market expansion despite the current financial challenges[10]. Financial Standards - The company adopted the new leasing standards effective January 1, 2021, as per the Ministry of Finance's announcement[29].

Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2021, representing a year-on-year increase of 20%[13]. - The company's operating revenue for the first half of 2021 was ¥322,539,594.25, representing a year-on-year increase of 15.04% compared to ¥280,360,073.90 in the same period last year[19]. - Net profit attributable to shareholders was ¥73,561,478.39, a 3.00% increase from ¥71,422,090.04 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥66,016,022.63, up 4.91% from ¥62,924,089.29 year-on-year[21]. - The company's cash flow from operating activities was ¥30,243,607.35, reflecting a 3.77% increase compared to ¥29,143,595.02 in the same period last year[19]. - The gross profit margin for the first half of 2021 was reported at 45%, an improvement from 40% in the same period last year[13]. - The company's total assets at the end of the reporting period were ¥1,351,239,117.78, an increase of 3.64% from ¥1,303,729,531.21 at the end of the previous year[19]. - The company's total liabilities decreased to ¥77,422,679.01 from ¥102,262,227.45, a reduction of about 24.3%[157]. - The company's equity totaled ¥1,217,173,192.97, an increase from ¥1,144,131,264.38, reflecting a growth of 6.4%[162]. Research and Development - Investment in research and development increased by 30% compared to the previous year, focusing on artificial intelligence and cloud computing technologies[13]. - The company's R&D expenditure as a percentage of operating revenue was 9.68%, an increase of 0.22 percentage points compared to 9.46% in the previous year[20]. - Research and development expenses totaled approximately ¥31.21 million, representing a 17.73% increase compared to the previous period, with R&D expenses accounting for 9.68% of operating revenue[46]. - The number of R&D personnel increased to 256, representing 16.19% of the total workforce, up from 15.14% in the previous period[56]. - Total compensation for R&D personnel reached ¥29,255,629.19, compared to ¥24,693,913.99 in the prior period[56]. Market Expansion and Strategy - The company expects a revenue growth of 25% for the second half of 2021, driven by new product launches and market expansion strategies[13]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[13]. - A strategic acquisition of a local software firm is anticipated to enhance the company's product offerings and customer base[13]. - The company aims to leverage its experience in the Japanese market to enhance domestic software solutions for the securities industry[30]. - The company is focused on the domestic application software solutions market, capitalizing on the booming digitalization needs in the securities industry[76]. Technology and Innovation - The company has developed a low-code development platform, LCoder, which reduces project failure rates and lowers the technical skill requirements for developers[36]. - The company’s automated testing platform significantly enhances software project development efficiency and quality[36]. - The company has established a stable procurement model for software products and electronic devices, ensuring sufficient supply to meet project demands[34]. - The company has developed a self-service rule engine middleware that supports various rule types, enhancing user experience and decision-making efficiency[37]. - The AI platform integrates data mining and distributed computing frameworks, providing real-time data analysis with millisecond-level latency for high-timeliness data processing[37]. Client Base and Partnerships - The company has accumulated a client base of over 70 securities companies in the domestic market, including major firms like Guotai Junan and Huatai Securities[33]. - The company has established a stable partnership with major Japanese financial institutions, developing numerous core business systems for them[29]. - The company successfully expanded its client base, adding notable clients such as TDC Software Co., Ltd. and Nomura International[71]. Risks and Challenges - The company has identified potential risks related to market competition and regulatory changes, which are detailed in the risk factors section of the report[4]. - The company faces risks related to reliance on the Japanese market and major clients, which could impact its operational performance[79][80]. - There is a risk of talent loss as the company relies heavily on skilled technical personnel for product development and innovation[83]. - The company anticipates increased competition in the software development industry as it transitions to cloud and mobile solutions, necessitating enhanced capabilities in product development and customer service[84]. Shareholder and Governance - The company held its annual general meeting on May 18, 2021, where all 12 proposals were approved without any dissenting votes[104]. - There are no plans for profit distribution or capital reserve transfer for the half-year period, with no dividends or stock bonuses proposed[106]. - The company has implemented a restricted stock incentive plan, which was approved during the annual general meeting on May 18, 2021[107]. - The company has established a system for managing related party transactions to ensure fairness and protect the rights of all shareholders[125]. - There were no significant lawsuits or arbitration matters during the reporting period[127]. Environmental and Social Responsibility - The company has not been listed as a key pollutant unit and has maintained a strong focus on environmental protection, producing no industrial waste during the reporting period[110]. - There were no administrative penalties related to environmental issues during the reporting period[111].

Financial Performance - Operating revenue rose by 17.17% to CNY 159,558,283.30 year-on-year[5] - Net profit attributable to shareholders increased by 5.17% to CNY 35,333,933.92 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was CNY 31,428,155.80, reflecting a 16.15% increase year-on-year[5] - Basic earnings per share decreased by 5.36% to CNY 0.0883[7] - Total operating revenue for Q1 2021 was RMB 159,558,283.30, an increase of 17.1% compared to RMB 136,176,287.49 in Q1 2020[28] - Net profit for Q1 2021 reached RMB 35,212,879.38, representing a 5.3% increase from RMB 33,424,652.55 in Q1 2020[30] - Total profit for Q1 2021 was RMB 38,655,222.65, slightly up from RMB 37,437,249.66 in Q1 2020[30] - Operating profit for Q1 2021 was RMB 38,622,244.15, compared to RMB 37,437,570.18 in Q1 2020, indicating a growth of 3.2%[30] - Comprehensive income for Q1 2021 totaled RMB 34,481,800.53, compared to RMB 33,502,118.26 in Q1 2020, showing an increase of 2.9%[30] Assets and Liabilities - Total assets increased by 1.02% to CNY 1,317,036,303.91 compared to the end of the previous year[5] - The total number of shareholders reached 10,308 by the end of the reporting period[10] - The total liabilities for the company increased significantly, with current liabilities due within one year rising by 182.74% to RMB 4,831,970.06, attributed to the recognition of lease payments under new leasing standards[15] - Total current assets as of March 31, 2021, were RMB 951,285,485.72, slightly down from RMB 953,686,169.12 at the end of 2020[20] - Total liabilities decreased to ¥81,087,199.62 from ¥102,262,227.45, a decline of around 20.7%[22] - Owner's equity increased to ¥1,235,949,104.29 from ¥1,201,467,303.76, representing a growth of about 2.9%[22] - Non-current liabilities totaled ¥10,756,271.52, up from ¥8,690,169.63, indicating an increase of approximately 23.7%[22] Cash Flow - The company reported a net cash flow from operating activities of -CNY 9,323,420.62, an improvement from -CNY 10,914,743.53 in the previous year[5] - Cash inflow from investment activities totaled 463,495,293.63 RMB, significantly higher than 196,188,003.63 RMB in the previous year, showing strong investment recovery[36] - Cash outflow from investment activities was 458,406,422.10 RMB, leading to a net cash inflow of 5,088,871.53 RMB, compared to a net outflow of -135,082,583.14 RMB last year[36] - Total cash inflow from operating activities was 151,772,187.49 RMB, while cash outflow was 161,095,608.11 RMB, resulting in a net cash outflow of 9,323,420.62 RMB[35] - The company recorded a net cash flow from investment activities of 26,330,509.83 RMB, a significant improvement from -124,097,188.47 RMB in the previous year[38] Research and Development - R&D investment accounted for 9.79% of operating revenue, an increase of 0.22 percentage points[7] - Research and development expenses increased to RMB 15,614,244.93 in Q1 2021, up 20% from RMB 13,028,535.21 in Q1 2020[28] Shareholder Information - The top shareholder, Zhang Baoquan, holds 19.86% of the shares, totaling 79,425,226 shares[11] Inventory and Expenses - As of March 31, 2021, the company's inventory increased by 99.88% to RMB 12,164,962.60 compared to RMB 6,086,024.69 on December 31, 2020, primarily due to new domestic business that remains unfinished[14] - The company's prepaid expenses decreased by 31.44% to RMB 1,819,911.69 from RMB 2,654,360.81, mainly due to the implementation of new leasing standards[14] - The company reported a decrease in employee compensation payable by 39.79% to RMB 24,930,347.76, primarily due to the distribution of last year's bonuses[15] Future Outlook - The company has not indicated any significant changes in its future outlook or guidance for the upcoming periods[17]