Financial Performance - The company's operating revenue for Q1 2023 was ¥355,824,361.94, a decrease of 15.91% compared to ¥423,145,259.68 in the same period last year[4] - The net profit attributable to shareholders was -¥6,856,732.90, showing an improvement of 23.82% from -¥9,000,197.45 year-on-year[4] - The total operating revenue for the current period is ¥355,824,361.94, a decrease of 16.0% from ¥423,145,259.68 in the previous period[18] - Net profit for the current period is -¥6,861,678.77, an improvement of 26.0% compared to -¥9,262,085.80 in the previous period[19] - The total comprehensive income for the current period is -¥6,861,678.77, an improvement from -¥9,262,085.80 in the previous period[19] Cash Flow and Operating Activities - The net cash flow from operating activities was -¥177,010,321.77, which is a 21.85% improvement compared to -¥226,505,604.63 in the previous year[4] - Cash received from operating activities increased by 93.89% to ¥307.88 million, mainly due to the recovery of prior year prepayments[8] - Operating cash flow for the current period is -¥177,010,321.77, an improvement from -¥226,505,604.63 in the previous period[21] - The company received cash from financing activities totaling ¥10,000,000.00, a significant decrease from ¥80,171,653.98 in the previous period[22] - The company paid out ¥40,171,653.98 in debt repayment during the current period, consistent with the previous period's payment of ¥80,000,000.00[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,139,471,258.47, down 12.22% from ¥1,298,127,445.75 at the end of the previous year[4] - Current assets decreased from CNY 878,999,547.06 to CNY 715,655,240.34, a reduction of about 18.63%[15] - The total liabilities decreased from CNY 1,036,449,920.62 to CNY 884,655,412.11, a decline of about 14.66%[16] - The company's cash and cash equivalents dropped significantly from CNY 267,786,487.92 to CNY 54,562,127.10, a decrease of approximately 79.66%[14] - Short-term borrowings decreased from CNY 55,937,178.87 to CNY 25,030,560.26, a reduction of approximately 55.32%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,640[10] - The top shareholder, Xiaochang Yingxi Valley Investment Center, holds 22.18% of the shares, with 57 million shares pledged[10] Expenses - The company reported a 51.24% decrease in selling expenses, attributed to reduced customer development and promotional costs[7] - Research and development expenses for the current period are ¥14,965,855.09, down 13.4% from ¥17,294,984.02 in the previous period[18] Other Financial Metrics - Non-recurring gains and losses totaled ¥1,700,343.99, primarily from government subsidies and other income[5] - The company's inventory increased from CNY 50,454,201.35 to CNY 54,518,648.55, reflecting an increase of about 8.43%[15] - Accounts receivable increased from CNY 439,047,823.31 to CNY 483,704,512.34, reflecting an increase of approximately 10.16%[14] - The company reported a net loss of CNY 2,275,959,518.49 in retained earnings, compared to a loss of CNY 2,269,102,785.59 at the beginning of the year[17] - The total equity attributable to shareholders decreased from CNY 261,297,684.71 to CNY 254,440,951.81, a decline of about 2.93%[17]

Group 1: Investor Relations Activities - The investor relations activities include specific object research, analyst meetings, media interviews, performance briefings, press releases, roadshows, site visits, and shareholder meetings [1]. - The meeting took place on May 25, 2015, from 3:20 PM to 4:00 PM in Qinhuangdao [1]. Group 2: Key Participants - The meeting was attended by company shareholder representatives Mi Yongfeng, Jiang Renfei, and He Yi [1]. - The board secretary of the listed company is Jiao Haiqing [1]. Group 3: Business Development Insights - The company is exploring new growth points in the SMS business, particularly in financial service-triggered SMS clients [1]. - The integration of the SMS business with Changshi Communication is focused on each entity excelling in its core business [1]. - The company aims to continue developing practical application-triggered SMS services, including e-commerce, internet, and logistics sectors [1]. Group 4: Market Trends - Similar companies like Yimei Ruantong and Guodu Hulian are also seeking transformation, indicating a competitive landscape in the SMS and logistics integration [1].

编号：2020-01 证券代码：000889 证券简称：中嘉博创 中嘉博创信息技术股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------|-----------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号：2018-02 证券代码：000889 证券简称：中嘉博创 中嘉博创信息技术股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|--------------------------------|-------------------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 华夏基金张景松、长江证券梁程加 | | | 时间 | 2018 年 12 月 13 | 日 | | 地点 | 北京市公司会议室 | | | 上市公司接待人 | 董事会秘书束海峰 | | | 员姓名 | | | | 投资者关系活动 | 1 | 、公司为什么改名字叫中嘉博创？ | | 主要内容介绍 | | 公司原控 ...

编号：2019-01 证券代码：000889 证券简称：中嘉博创 中嘉博创信息技术股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|---------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥410,587,163.79, a decrease of 25.83% compared to the same period last year[4]. - Total operating revenue for Q3 2022 was CNY 1,234,003,149.29, a decrease of 26.6% compared to CNY 1,682,129,680.92 in the same period last year[19]. - The net profit attributable to shareholders was -¥4,549,051.32, representing a 50.91% increase in losses year-over-year[4]. - Net loss for Q3 2022 was CNY 25,507,626.08, an improvement from a net loss of CNY 44,141,620.79 in Q3 2021[20]. - The total comprehensive income attributable to the parent company for Q3 2022 was -25,544,056.30 CNY, compared to -44,189,282.87 CNY in Q3 2021, showing an improvement of approximately 42.2% year-over-year[21]. - The company’s total comprehensive income for Q3 2022 was -25,507,626.08 CNY, compared to -44,141,620.79 CNY in Q3 2021, indicating a year-over-year improvement of about 42.2%[21]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥210,393,732.44, a decrease of 25.12% compared to the same period last year[4]. - The net cash flow from operating activities for Q3 2022 was -210,393,732.44 CNY, an improvement from -280,962,086.66 CNY in the same period last year, reflecting a reduction of about 25%[21]. - Cash inflow from operating activities totaled 1,240,969,680.38 CNY, down 30.8% from 1,792,254,966.32 CNY in Q3 2021[21]. - Cash outflow from operating activities was 1,451,363,412.82 CNY, a decrease of 30% compared to 2,073,217,052.98 CNY in the previous year[21]. - The net cash flow from investing activities was -7,489,940.96 CNY, compared to -60,434,766.62 CNY in Q3 2021, indicating a significant improvement of approximately 87.6%[22]. - The net cash flow from financing activities was -62,838,706.32 CNY, an improvement from -130,792,342.54 CNY in the same quarter last year, reflecting a reduction of about 52%[22]. - The ending cash and cash equivalents balance was 92,260,700.29 CNY, down from 235,355,782.39 CNY in Q3 2021, representing a decline of approximately 60.8%[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,264,419,434.80, down 14.33% from the end of the previous year[4]. - The company's total assets decreased to CNY 1,264,419,434.80 from CNY 1,475,971,339.40, a decline of 14.3%[17]. - Total liabilities decreased to CNY 951,489,830.33 from CNY 1,137,534,108.85, a reduction of 16.4%[17]. - The company's equity attributable to shareholders decreased by 7.56% to ¥312,377,078.74 compared to the end of the previous year[4]. - The company's cash and cash equivalents decreased from 383,727,988.88 RMB at the beginning of the year to 101,857,741.30 RMB by September 30, 2022, a decline of approximately 73.5%[14]. - The total current assets decreased from 1,009,325,290.33 RMB to 809,355,119.38 RMB, a decline of about 19.8%[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 43,458[10]. - The largest shareholder, Xiaochang Yingxi Valley Investment Center, holds 22.18% of shares, with 207,705,182 shares pledged and 21,930,000 shares frozen[10]. - Liu Yingkui, a significant shareholder, has 8.98% of shares, totaling 84,061,447, all of which are frozen[10]. - The company has not identified any related party relationships or concerted actions among its top shareholders[10]. Operational Highlights - The company reported a 100% decrease in investment income, attributed to the recovery of equity investment funds in the previous year[8]. - Government subsidies recognized in the current period amounted to ¥2,523,116.70, indicating a significant increase in non-operating income[5]. - The company did not engage in any equity acquisition payments during the current period, resulting in a 100% decrease in cash outflows for such activities[8]. - Research and development expenses for Q3 2022 were CNY 47,927,735.13, down from CNY 56,450,715.80, a decrease of 15.5%[20]. - The company reported a significant decrease in financial expenses, which were CNY 3,235,234.86 compared to CNY 22,042,165.25 in the previous year[20]. - The company is involved in a significant arbitration matter related to a 2018 asset purchase agreement, which poses a major arbitration risk[13].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥823,415,985.50, a decrease of 27.04% compared to the same period last year[18]. - The net profit attributable to shareholders was a loss of ¥20,995,004.98, an improvement of 39.88% from a loss of ¥34,922,259.32 in the previous year[18]. - The net cash flow from operating activities improved by 63.36%, amounting to -¥126,282,885.95 compared to -¥344,616,518.51 in the same period last year[18]. - The total assets at the end of the reporting period were ¥1,321,913,899.52, down 10.44% from the previous year-end[18]. - The net assets attributable to shareholders decreased by 6.21%, totaling ¥316,926,130.06 at the end of the reporting period[18]. - The basic and diluted earnings per share were both -¥0.0225, showing a 39.68% improvement from -¥0.0373 in the previous year[18]. - The weighted average return on net assets was -6.41%, a decrease of 4.91 percentage points compared to -1.50% in the previous year[18]. - The company reported a total revenue of CNY 823.42 million, a decrease of 27.04% year-on-year, primarily due to the exclusion of Jiahua Information from the consolidated financial statements[45]. - Revenue from the communication network maintenance business reached CNY 702.99 million, an increase of 13.63% year-on-year, while the information intelligent transmission business saw revenue drop to CNY 120.19 million, a decline of 58.57%[50]. - The net profit attributable to shareholders was CNY -20.99 million, an improvement of CNY 13.93 million compared to the same period last year, mainly due to a significant reduction in interest expenses[45]. Cash Flow and Assets - The company's operating cash flow net amount improved by 63.36% year-on-year, reaching CNY -126.28 million, largely influenced by the exclusion of Jiahua Information[48]. - Cash and cash equivalents decreased to CNY 174.83 million, representing 13.23% of total assets, down from 26.00% the previous year[55]. - The company’s short-term borrowings decreased to CNY 75.25 million, a reduction of 4.61% year-on-year, due to repayment of bank loans[55]. - The company reported a total of restricted assets amounting to CNY 1,056,765,813.67, including cash and long-term equity investments[57]. - The company’s cash and cash equivalents decreased from 383,727,988.88 CNY at the beginning of the year to 174,834,173.41 CNY by June 30, 2022, representing a decline of approximately 54.4%[139]. - The total current assets decreased from 1,009,325,290.33 CNY to 862,562,584.71 CNY, a decline of about 14.6%[139]. Business Operations and Strategy - The company's main business includes information intelligent transmission and communication network maintenance, primarily operated by its wholly-owned subsidiaries[26]. - The communication network maintenance business is focused on providing comprehensive technical services to telecom operators and tower companies, with a growing market due to infrastructure upgrades[32]. - The company aims to enhance its service quality and technical capabilities to meet the increasing demand for SMS services across various industries[31]. - The operational strategy emphasizes technology enhancement, employee satisfaction, and delivering returns to investors while maintaining a positive market impact[44]. - The company is actively tracking RCS technology and its application in the financial sector, preparing for the potential growth of 5G messaging services[38]. - The company plans to enhance its revenue by increasing the proportion of higher-margin IDC maintenance and related engineering services[66]. Risks and Challenges - The company faces risks including potential goodwill impairment, customer concentration, and competition in technology maintenance[3]. - The company has a high customer concentration risk, primarily relying on major clients whose rapid business growth has increased dependency, potentially impacting future operations and profit growth if key clients are lost[71]. - The company faces a risk of technological substitution due to rapid advancements in information and communication technologies, necessitating continuous updates and upgrades to maintain competitive market position[71]. - The company’s communication network maintenance business is at risk due to intensified technical competition, requiring ongoing improvements in technology and service quality to remain competitive[73]. Social Responsibility and Employee Engagement - The company has received recognition for its social responsibility efforts, including support for disaster relief communications during severe weather events[83]. - The company has implemented various training programs for employees, with over 1,730 personnel receiving special operation certifications during the reporting period[85]. - The company has committed to environmental protection and sustainable development, focusing on low-carbon and green practices in its operations[87]. - The company has actively participated in social responsibility initiatives, including donations to disaster relief efforts during the COVID-19 pandemic[88]. Legal and Compliance Matters - The company is currently under investigation for a case involving the alleged misappropriation of funds by former executives[117]. - The company has been actively pursuing performance compensation obligations from related parties due to unmet performance targets in previous years[91]. - The company has taken legal measures to protect its interests and ensure compliance with performance compensation obligations[69]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[92]. Shareholder Information - The company has not distributed cash dividends or issued bonus shares for the reporting period, indicating a focus on reinvestment rather than immediate shareholder returns[78]. - The company has been involved in multiple announcements regarding shareholder reduction plans, with the latest on May 28, 2022[118]. - The total number of common shareholders at the end of the reporting period was 46,395[126]. - The largest shareholder, Xiaochang Yingxi Valley Investment Center, holds 22.18% of the shares, totaling 207,705,182 shares, with 99,340,000 shares pledged[126]. Financial Reporting and Governance - The financial report was approved by the board of directors on August 26, 2022[176]. - The financial statements are prepared based on the actual transactions and events in accordance with the accounting standards issued by the Ministry of Finance[178]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months from the reporting date[179]. - The accounting policies and estimates are tailored to the company's operational characteristics[180].

Financial Performance - The company's revenue for Q1 2022 was ¥423,145,259.68, a decrease of 28.06% compared to ¥588,189,419.30 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥9,000,197.45, representing a decline of 158.60% from a profit of ¥15,359,346.26 in the previous year[4] - Total operating revenue for Q1 2022 was CNY 423,145,259.68, a decrease of 28.1% compared to CNY 588,189,419.30 in the same period last year[18] - Net loss for Q1 2022 was CNY 9,262,085.80, compared to a net profit of CNY 15,682,745.07 in Q1 2021, representing a significant decline[19] - The company's total equity attributable to shareholders was CNY 328,920,937.60, down from CNY 337,921,135.04 year-over-year[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥226,505,604.63, showing a slight improvement of 2.76% compared to -¥232,940,333.64 in the same period last year[4] - Cash inflow from operating activities was CNY 349,858,442.10, down 39.4% from CNY 577,449,243.37 in the previous year[21] - The ending cash and cash equivalents balance was 140,850,791.52 CNY, down from 406,276,086.80 CNY in the previous quarter[22] - The cash flow from operating activities showed a decrease in outflows, indicating potential operational efficiency improvements[22] - The company is focusing on managing cash flows effectively amidst challenging market conditions[22] Assets and Liabilities - Total assets decreased by 8.84% to ¥1,345,522,790.18 from ¥1,475,971,339.40 at the end of the previous year[4] - The company's total liabilities decreased to CNY 1,016,347,645.42 from CNY 1,137,534,108.85, a reduction of approximately 10.7%[19] - Cash and cash equivalents decreased significantly from CNY 383,727,988.88 to CNY 202,749,249.58, a reduction of about 47.3%[15] - Accounts receivable increased from CNY 491,697,134.06 to CNY 540,559,610.32, indicating an increase of approximately 9.9%[15] - Inventory decreased from CNY 53,567,167.61 to CNY 46,295,972.26, reflecting a decline of about 13.6%[15] Expenses and Costs - Total operating costs for Q1 2022 were CNY 432,309,857.05, down 25.3% from CNY 578,147,318.08 year-over-year[19] - The company experienced a 54.87% reduction in selling expenses, amounting to a decrease of ¥4,508,000, mainly due to lower salaries and promotional costs[7] - Research and development expenses for Q1 2022 were CNY 17,294,984.02, a decrease of 15.5% compared to CNY 20,427,739.03 in Q1 2021[19] - The company reported a decrease in sales expenses to CNY 3,707,879.16 from CNY 8,215,869.46, a reduction of 54.9%[19] - The company recorded other income of CNY 2,328,429.68, down from CNY 3,293,916.16 in the previous year, indicating a decline of 29.3%[19] Legal and Regulatory Matters - The company is currently involved in a significant arbitration matter related to a 2018 asset purchase agreement, which poses a major arbitration risk[12] - The company has ongoing litigation regarding the annulment of resolutions passed in late 2021 concerning a major asset restructuring, with a court hearing scheduled for June 16, 2022[13] - The company organized an expert consultation to address the arbitration matter, involving legal scholars from prominent universities[12] - The company has not reported any related party relationships among its top shareholders, ensuring transparency in ownership[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,498[10] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.0096, compared to CNY 0.0164 in the same period last year[20] Audit and Reporting - The company did not conduct an audit for the first quarter report[23] - The company did not report any new product launches or significant technological advancements during this quarter[4]

Financial Performance - The company's operating revenue for 2021 was ¥1,951,112,591.19, a decrease of 24.18% compared to ¥2,573,272,009.25 in 2020[17]. - The net profit attributable to shareholders was -¥2,004,872,823.39, representing a significant decline of 10,041.69% from a profit of ¥20,166,310.95 in 2020[17]. - The net cash flow from operating activities was -¥95,330,438.02, a decrease of 140.14% compared to ¥237,474,220.37 in the previous year[17]. - The total assets at the end of 2021 were ¥1,475,971,339.40, down 60.31% from ¥3,719,191,281.79 at the end of 2020[18]. - The net assets attributable to shareholders decreased by 85.58% to ¥337,921,135.04 from ¥2,342,793,958.43 in 2020[18]. - The basic earnings per share for 2021 was -¥2.1439, a decline of 10,025.46% from ¥0.0216 in 2020[17]. - The company reported a significant loss in the fourth quarter with a net profit of -¥1,960,683,540.52, following losses in previous quarters[22]. - The company experienced a negative net profit for the year, with the lowest net profit after deducting non-recurring gains and losses also being negative[18]. - The company reported a goodwill impairment provision of 409 million yuan for the year, indicating challenges in asset recoverability[70]. - The company reported a goodwill impairment of 123.61 million yuan, with goodwill accounting for 37.64% of the audited net assets as of the reporting period[123]. Business Operations - The company’s main business has transitioned to focus on information transmission and communication network maintenance since 2015, with no changes in the main business during the reporting period[16]. - The company’s main businesses include information intelligent transmission, communication network maintenance, and financial services outsourcing[47]. - The communication network maintenance business focuses on providing comprehensive technical services to telecom operators and tower companies, ensuring network quality and operational efficiency[57]. - The company has established a mature mobile information service technology solution for the financial industry, enhancing its service capabilities[35]. - The company has undergone several significant asset acquisitions, including the acquisition of 100% equity in Changshi Communication and Jiahuaxin Information[11]. - The company has established long-term partnerships with over 20 provincial-level operators, enhancing its SMS channel resources across the country[55]. - The company has a strong brand influence and has established long-term partnerships with major clients such as JD.com and Tencent[34]. - The company is positioned in the information intelligent transmission and communication network maintenance sectors, which are expected to grow due to the acceleration of new infrastructure construction in China[28]. Revenue Breakdown - Revenue from the communication network maintenance business was 1,280.63 million yuan, down 4.65% year-on-year[70]. - Revenue from the information intelligent transmission business was 446.12 million yuan, a significant decline of 42.56% year-on-year[70]. - Revenue from financial service outsourcing decreased by 49.81% to ¥209 million, making up 10.75% of total revenue[73]. - The gross profit margin for communication network maintenance was 8.58%, down 2.90% from the previous year[75]. Risks and Challenges - The company has faced risks including potential goodwill impairment, increased customer concentration in information services, and competition in communication network maintenance technology[5]. - The company emphasizes the importance of risk awareness among investors regarding forward-looking statements and plans[5]. - The company faces increased customer concentration risk as key clients experience rapid business growth, which could impact future operations and profitability[129]. - The company is actively enhancing service quality and expanding its client base to mitigate risks associated with customer dependency[130]. - There is a significant arbitration risk due to disputes arising from the 2018 asset purchase agreement, with part of the company's bank accounts frozen[128]. Governance and Compliance - The company has established a governance structure that ensures compliance with legal and regulatory requirements, promoting transparency and accountability[135]. - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business operations[136]. - The company has established an independent financial department with a standardized accounting system and independent bank accounts[137]. - The company has committed to improving its internal control systems and governance structure to enhance compliance with regulatory requirements and protect shareholder interests[182]. - The internal control audit report issued a negative opinion, indicating that the company failed to maintain effective financial reporting internal controls as of December 31, 2021[179]. Research and Development - The company is focusing on technology research and development to maintain competitiveness in the rapidly evolving telecommunications market[131]. - The company aims to enhance its core capabilities in information intelligent transmission and financial technology product development, focusing on big data and artificial intelligence[116]. - The company’s R&D investment amounted to ¥66,385,193.30 in 2021, a decrease of 16.57% compared to ¥79,568,248.26 in 2020, while the R&D investment as a percentage of operating revenue increased to 3.40% from 3.09%[95]. - The number of R&D personnel decreased by 3.95% to 559 in 2021 from 582 in 2020, with the proportion of R&D personnel rising to 24.84% from 12.62%[95]. Social Responsibility - The company actively participated in social responsibility initiatives, including providing communication support during a 5.1 magnitude earthquake in Yunnan Province[186]. - The company donated 20,000 yuan for the maintenance of streetlight circuits in a local village as part of its social responsibility initiatives[190]. - The company emphasizes environmental protection and sustainable development, focusing on low-carbon and eco-friendly practices in its operations[189]. Future Outlook - The company projects a revenue growth of 10% for the next fiscal year, targeting 1.65 billion RMB[149]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on enhancing user experience[149]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[200]. - The company has set a performance guidance of 1.8 billion yuan for the next fiscal year, indicating a strong growth trajectory[200].

Financial Performance - The company's revenue for Q3 2021 was ¥553,548,699.56, a decrease of 19.90% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥9,267,023.55, representing a decline of 158.86% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥7,678,001.70, down 165.12% from the previous year[3]. - Total operating revenue for Q3 2021 was ¥1,682,129,680.92, a decrease of 7.1% compared to ¥1,810,904,270.34 in the same period last year[22]. - Net profit for Q3 2021 was a loss of ¥44,141,620.79, compared to a profit of ¥28,591,361.23 in Q3 2020, representing a significant decline[22]. - The basic earnings per share were -¥0.0099, a decrease of 158.93% compared to the same period last year[3]. - The company's basic and diluted earnings per share for Q3 2021 were both -0.0473, compared to 0.0306 in the same period last year[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,383,296,628.95, a decrease of 9.03% from the end of the previous year[4]. - The company's total assets decreased to ¥3,383,296,628.95 from ¥3,719,191,281.79, reflecting a reduction of approximately 9.1%[21]. - Total liabilities decreased to ¥1,084,079,630.38 from ¥1,375,832,662.44, indicating a decline of about 21.2%[21]. - The total equity attributable to shareholders of the parent company was ¥2,298,604,675.56, down from ¥2,342,793,958.43, reflecting a decrease of approximately 1.9%[21]. - The company's goodwill accounts for 76.18% of the audited net assets for the last year, indicating a risk of impairment if future profitability is not achieved[13]. Cash Flow - The net cash flow from operating activities was -¥280,962,086.66, a decline of 222.77% year-on-year[3]. - The net cash flow from operating activities was -280,962,086.66 CNY, a decrease from -87,046,526.59 CNY in the previous period, indicating a worsening cash flow situation[26]. - Total cash inflow from operating activities was 1,792,254,966.32 CNY, down from 1,928,075,615.75 CNY, reflecting a decline of approximately 7.1%[26]. - Cash outflow from operating activities totaled 2,073,217,052.98 CNY, compared to 2,015,122,142.34 CNY in the prior period, representing an increase of about 2.9%[26]. - The net cash flow from investing activities was -60,434,766.62 CNY, worsening from -25,769,166.51 CNY previously[27]. - The ending cash and cash equivalents balance was 235,355,782.39 CNY, down from 616,258,312.02 CNY, reflecting a decrease of approximately 61.8%[27]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,229[11]. - The largest shareholder, Xiaochang Yingxi Valley Investment Center, holds 22.18% of shares, amounting to 207,705,182 shares, with 158,000,000 shares pledged and 29,440,000 shares frozen[11]. - The company has a total of 10 major shareholders, with no identified relationships or concerted actions among them[12]. Legal and Operational Risks - The company is actively addressing a significant arbitration risk related to disputes with the restructuring parties, which may have a major impact on future performance[17]. - The company has engaged a qualified accounting firm to conduct asset impairment testing for Jiahuaxin, with potential compensation responsibilities for the restructuring parties if impairment occurs[15]. - The company is taking various legal measures to protect its interests and those of its shareholders amid ongoing arbitration proceedings[17]. - The company has not yet reached an agreement regarding the performance commitments of its subsidiary, Jiahuaxin, which may impact future financial results[14]. Other Financial Metrics - The financial expenses decreased by 46.33%, primarily due to reduced interest on equity acquisition payments[9]. - The company reported a credit impairment loss of ¥8,941,108.74, compared to a gain of ¥8,731,101.93 in the previous year[22]. - Research and development expenses for Q3 2021 were ¥56,450,715.80, a decrease of 9.0% from ¥62,256,400.82 in Q3 2020[22]. - The company reported a significant increase in inventory by 39.52%, amounting to an increase of ¥11,602,700 compared to the previous year-end[8]. Audit and Compliance - The third quarter report was not audited, indicating that the figures may be subject to further review[32]. - The company did not report any adjustments in the financial statements for the third quarter[31]. - The company has not made any retrospective adjustments for the new leasing standards applicable from 2021[32].