Financial Performance - The company's operating revenue for Q3 2021 was ¥68,678,146, representing an increase of 8.08% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥11,002,095.85, a growth of 25.78% year-on-year[5]. - The net profit after deducting non-recurring gains and losses for Q3 2021 was ¥8,368,211.32, reflecting a 4.50% increase from the previous year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥156,421,797.85, an increase of 23.5% compared to ¥126,706,651.05 in the same period of 2020[20]. - Net profit for the first three quarters of 2021 was ¥20,503,533.13, representing a 34.8% increase from ¥15,248,702.52 in 2020[21]. - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.62, compared to ¥0.55 in the same period of 2020[22]. Research and Development - Research and development (R&D) expenses totaled ¥8,325,382.97 in Q3 2021, up 114.57% year-on-year, accounting for 12.12% of operating revenue[6]. - Research and development expenses for the first three quarters of 2021 were ¥17,535,720.27, an increase of 79.5% compared to ¥9,761,928.72 in 2020[20]. Assets and Liabilities - Total assets increased by 97.40% to ¥671,049,130.71 compared to the end of the previous year[6]. - The total current assets were reported at CNY 653,880,198.02, compared to CNY 328,776,778.38 in the previous year, representing a growth of approximately 98.7%[18]. - Total liabilities as of the end of Q3 2021 amounted to ¥112,194,390.68, a decrease from ¥145,559,995.16 at the end of the previous period[20]. - Total liabilities amounted to $145,559,995.16, with a non-current liability total of $10,586,748.32[31]. - The report highlights a significant increase in current liabilities, totaling $139,658,172.46[31]. Shareholder Information - The company reported a total of 4,287 common shareholders at the end of the reporting period[13]. - The top shareholder, Zhou Jianhua, holds 10,200,000 shares, representing 27.57% of the total shares[13]. - Total equity attributable to shareholders reached ¥558,854,740.03, significantly higher than ¥194,377,523.42 in the previous year[20]. - The total equity attributable to shareholders remains unchanged at $194,377,523.42, indicating stability in shareholder value[31]. Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥38,528,162.54, primarily due to increased sales and procurement expenses[6]. - Net cash inflow from operating activities was -38,528,162.54 RMB, compared to -13,926,300.83 RMB in the previous year, indicating a decline in operational cash flow[26]. - Cash inflow from financing activities was 389,910,000.00 RMB, while cash outflow was 43,250,219.20 RMB, leading to a net cash inflow of 346,659,780.80 RMB[27]. - The net increase in cash and cash equivalents was 19,099,776.14 RMB, contrasting with a decrease of -41,943,071.38 RMB in the previous year[27]. Tax and Compliance - The company paid 12,077,534.18 RMB in taxes, up from 4,236,430.63 RMB in the previous year, indicating increased tax obligations[26]. - The company has implemented adjustments in accounting policies due to the new leasing standards effective from January 1, 2021[32]. - The report indicates that the company is compliant with the revised accounting standards as of the reporting date[32].

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%[15]. - The net profit for the first half of 2021 was RMB 15 million, up 25% compared to the same period last year[15]. - The company's operating revenue for the first half of 2021 was ¥87,743,651.85, representing a 38.91% increase compared to ¥63,165,660.66 in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2021 was ¥9,501,437.28, a 46.14% increase from ¥6,501,384.61 year-on-year[23]. - The management provided an optimistic outlook, projecting a revenue growth of 25% for the full year 2021[15]. - In the first half of 2021, the company's operating revenue increased by 38.91% year-on-year, while the net profit attributable to shareholders grew by 46.14%, primarily due to significant growth in the phased array calibration measurement system business[66]. User and Market Growth - User data showed an increase in active users by 30%, reaching a total of 1 million active users by June 30, 2021[15]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[15]. - The industrial software sector in China has seen a growth rate of approximately 15% over the past three years, indicating a robust market opportunity[31]. - The company has effectively capitalized on market opportunities in the phased production of phased array radar and calibration measurement systems, leading to significant revenue growth[24]. - The company is expanding its market efforts in the defense and military sectors, particularly in phased array calibration measurement systems and radar cross-section measurement systems, to meet increasing demand during the "14th Five-Year Plan" period[68]. Research and Development - The company has allocated RMB 5 million for research and development in new technologies for the upcoming fiscal year[15]. - The company's R&D expenditure as a percentage of operating revenue rose to 10.50%, an increase of 1.19 percentage points compared to the previous year[24]. - The company achieved a 56.59% increase in R&D expenses compared to the same period last year, totaling approximately ¥9.21 million[49]. - The company is developing a 5G base station antenna calibration measurement device, with a total investment of ¥603 million and a current investment of ¥91.34 million[52]. - The company has developed a cloud-based CAE electromagnetic simulation platform, achieving a precision improvement of 201.80% in simulation capabilities compared to previous versions[54]. Cash Flow and Financial Position - The net cash flow from operating activities decreased by 809.92% to -¥43,367,048.03, primarily due to increased bill settlements and procurement expenses[25]. - The company has maintained a strong cash position with RMB 50 million in cash reserves as of June 30, 2021[15]. - The cash flow from operating activities showed a net outflow of ¥43,367,048.03 in the first half of 2021, compared to a net inflow of ¥6,108,692.91 in the same period of 2020[196]. - The company incurred a financial expense of -¥613,632.54 in the first half of 2021, compared to -¥332,652.64 in the same period of 2020[192]. - The total cash outflow from operating activities was 57,277,154.04 RMB, slightly higher than 54,152,872.93 RMB in the same period of 2020[200]. Risks and Challenges - Risk factors identified include potential supply chain disruptions and increased competition in the electronic systems market[15]. - The company faces risks from potential changes in industrial policies, intensified market competition, and the ongoing impact of the COVID-19 pandemic on operations[71][72][73]. Shareholder and Corporate Governance - The company launched its first restricted stock incentive plan post-IPO, covering 45.56% of employees, to align long-term development with core staff[70]. - The company has committed to not transferring or entrusting the management of its shares for 36 months post-IPO[101]. - The company will comply with all relevant laws and regulations regarding shareholding and changes in shareholding[104]. - The company guarantees that the prospectus and other disclosure materials submitted to regulatory authorities are true, accurate, and complete, bearing legal responsibility for any misrepresentation[23]. - The company will publicly disclose reasons for any failure to fulfill commitments and apologize to shareholders and the public[26]. Environmental and Social Responsibility - The company's main business involves the research and application of electromagnetic field simulation and testing software and systems, with minimal environmental impact due to the absence of manufacturing activities[93]. - There were no administrative penalties related to environmental issues during the reporting period[95]. - The company has not disclosed any measures taken to reduce carbon emissions during the reporting period[95].

Financial Performance - Operating revenue increased by 33.42% to CNY 44,870,196.25 year-on-year[6] - Net profit attributable to shareholders rose by 26.03% to CNY 4,342,797.47 compared to the same period last year[6] - Basic earnings per share increased by 26.01% to CNY 0.1565[6] - The company reported a significant increase in other income, which rose by 625.17% to CNY 1,163,485.63 in Q1 2021, compared to CNY 160,443.55 in Q1 2020[14] - The company reported a net profit of CNY 1,910,537.48 for Q1 2021, compared to CNY 1,894,847.03 in Q1 2020, showing a modest increase[23] - The total comprehensive income for Q1 2021 was ¥4,342,797.47, an increase of 26% from ¥3,445,822.10 in Q1 2020[26] Asset and Liability Changes - Total assets decreased by 12.25% to CNY 298,306,835.06 compared to the end of the previous year[6] - The company's total assets as of March 31, 2021, were CNY 232,084,387.63, down from CNY 253,740,664.62 at the end of 2020, a decrease of 8.6%[22] - The company’s total liabilities decreased to CNY 90,075,145.53 as of March 31, 2021, down from CNY 139,658,172.46 at the end of 2020, indicating improved financial stability[17] - Total liabilities decreased to CNY 83,672,872.86 in Q1 2021 from CNY 106,839,024.16 in Q1 2020, a reduction of 21.6%[22] - The total liabilities amounted to 145,559,995.16 RMB, down from 150,244,920.78 RMB at the end of 2020, indicating a reduction of about 3.5%[38] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -32,611,037.55, compared to CNY -21,518,716.20 in the previous year[6] - The company's cash flow from operating activities was negatively impacted by increased payments to suppliers and employees, totaling 41,591,419.35 RMB in cash outflows[33] - The total cash outflow from investing activities in Q1 2021 was ¥68,330,169.86, compared to ¥51,875,110.46 in Q1 2020[31] - The company experienced a net cash outflow from investing activities of -21,929,038.30 RMB in Q1 2021, compared to a positive cash flow of 2,815,516.00 RMB in the same period last year[34] - The company's cash and cash equivalents dropped by 39.79% to CNY 103,439,162.98 as of March 31, 2021, from CNY 171,794,431.01 at the end of 2020, mainly due to increased cash outflow[14] Research and Development - Research and development expenses accounted for 9.24% of operating revenue, up from 9.17%[8] - Research and development expenses rose by 34.40% to CNY 4,144,117.29 in Q1 2021, compared to CNY 3,083,402.69 in Q1 2020, reflecting increased investment in technology[14] - The company incurred research and development expenses of ¥2,668,526.35 in Q1 2021, compared to ¥2,087,500.07 in Q1 2020, indicating a 28% increase[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 13[12] - The largest shareholder, Zhou Jianhua, holds 36.76% of the shares[12] - The company’s total equity attributable to shareholders was ¥194,377,523.42[39] Government Support - The company received government subsidies amounting to CNY 399,204.98 during the reporting period[9]