Financial Performance - The total revenue for 2018 was not explicitly stated in the provided documents, but the company emphasized the importance of accurate financial reporting[2]. - The company's operating revenue for 2018 was ¥5,759,682,039.35, representing an increase of 18.61% compared to ¥4,855,897,041.02 in 2017[12]. - The net profit attributable to shareholders for 2018 was ¥585,836,541.95, a decrease of 10.43% from ¥654,083,057.52 in 2017[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥537,497,404.50, down 9.48% from ¥593,765,606.56 in 2017[12]. - The basic earnings per share for 2018 was ¥0.5796, a decrease of 15.72% from ¥0.6877 in 2017[12]. - The overall revenue for the company was approximately 5.947 billion CNY, reflecting a growth of 20.88% from the previous year[41]. - The company achieved total operating revenue of 5.947 billion yuan, a year-on-year increase of 20.88%, and 5.796 billion yuan excluding real estate, a growth of 43.23%[34]. - The company reported a net cash flow from operating activities of -¥55,976,259.79, an improvement of 79.71% compared to -¥275,911,509.18 in 2017[12]. - The company reported total assets of CNY 3,408,943,320.54 and net assets of CNY 544,405,906.10 for its subsidiary Guotong Xingyu Company[73]. Dividends and Shareholder Returns - The company reported a cash dividend of 3.00 RMB per 10 shares for the year ending December 31, 2018[2]. - The cash dividend distribution for 2017 was RMB 0.80 per 10 shares, amounting to RMB 80,833,501.66, which was 12.36% of the net profit attributable to ordinary shareholders[87]. - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, totaling RMB 313,237,415.10 for the year 2018, which represents 53.47% of the net profit attributable to ordinary shareholders[89]. - The total number of shares for the cash dividend distribution in 2018 is based on 1,044,124,717 shares[91]. Business Operations and Strategy - The company has not changed its main business since its listing, indicating stability in its operations[9]. - The company has a strong market presence in electronic payment devices, with sales covering both domestic and international markets[20]. - The company launched several new products including "Xing Tong Bao," "Xing Pay," and "Xing Partner" during the reporting period[19]. - The company aims to enhance operational efficiency for small and micro merchants through its "Xing POS" service platform, leveraging big data analysis[19]. - The company has established a comprehensive merchant service platform, "Star POS," to support small and micro businesses with payment, ERP, marketing, and financial services[23]. - The company has developed a comprehensive payment platform and value-added service platform, with development costs fully capitalized[32]. - The company is focused on expanding its product line in the smart POS segment to become the leading brand in China's financial smart payment device market[79]. Research and Development - The company has a strong focus on R&D in core technologies and product innovation, aiming to challenge traditional international giants in the barcode recognition market[28]. - The company invested 200 million RMB in R&D for new product development, focusing on digital payment solutions[120]. - The company’s R&D expenses amounted to ¥483,130,903.75, representing 8.39% of total revenue, an increase from 8.16% in the previous year[54]. - The company employed 2,970 R&D personnel, an increase of 14.45% from the previous year[54]. Market Trends and Industry Insights - In 2018, the total number of market entities in China reached 110.2 million, with a year-on-year growth of 12.28%, indicating a robust environment for small and micro enterprises[23]. - The payment service industry saw a total of 98.336 billion card transactions in 2018, amounting to 9.276 trillion yuan, representing a year-on-year growth of 67.73% and 35.09% respectively[24]. - The consumer finance market in China reached a scale of 38.3 trillion yuan in 2018, with a year-on-year growth of 21.55%, and internet consumer finance credit balance grew by 64.16% to approximately 1.5 trillion yuan[25]. - The third-party payment card acquiring industry in China is expected to exceed CNY 130 trillion in transaction volume by 2021, indicating strong growth prospects[76]. Corporate Governance and Compliance - The board of directors and senior management confirmed the accuracy and completeness of the annual report, ensuring accountability[2]. - The company has not reported any major asset or equity sales during the reporting period[70]. - The company has not faced any penalties from securities regulatory authorities in the past three years[170]. - The company has not engaged in any significant related party transactions during the reporting period[107]. - The company has not reported any non-standard audit reports for the reporting period, indicating compliance with accounting standards[99]. Social Responsibility and Community Engagement - The company has engaged in social responsibility initiatives, particularly in poverty alleviation, partnering with specific villages for targeted support[133]. - The company invested CNY 50,000 from the "assistance fund" to build a drinking water reservoir in Xian Village, along with donating two sets of environmental water treatment devices[135]. - The company assisted 143 registered impoverished households in achieving poverty alleviation through various projects in 2018[138]. - The company established a dedicated poverty alleviation team to ensure effective implementation of poverty alleviation strategies[135]. Financial Management and Investments - The company has a total of CNY 8,000 million in entrusted management with Xiamen Trust, yielding a 7.00% expected return[116]. - The company has not engaged in any high-risk entrusted financial management products during the reporting period[115]. - The company has a guarantee amount of 3 million CNY for Fujian Newland Automatic Identification Technology Co., Ltd., with an actual guarantee amount of 907.04 thousand CNY[112]. - The company has a total of CNY 2,000 million in guarantees for Jiangsu Zhiliantian Technology Co., Ltd. with a three-year guarantee period[113]. Shareholder Structure and Changes - The largest shareholder, Newland Technology Group Co., Ltd., holds 29.58% of the shares, amounting to 308,879,440 shares, with 110,850,000 shares pledged[154]. - The company has a total of 82,746 shareholders at the end of the reporting period[153]. - The company’s total number of restricted shares after the changes was 39,788,761, accounting for 3.81% of total shares[145]. - The company’s board of directors includes a total of 11 members, with no changes in the actual controller during the reporting period[164]. Employee and Management Information - The company has a total of 5,370 employees, with 66.29% being technical personnel (3,560 employees) and 14.92% being marketing personnel (801 employees)[177]. - The educational background of employees shows that 64.97% hold a bachelor's degree (3,489 employees) and only 4.15% have a master's degree or higher (223 employees)[178]. - The company implements a performance evaluation system for senior management to determine annual remuneration based on market salary levels[171]. - The current board includes experienced professionals with backgrounds in engineering, finance, and law, enhancing the company's governance[170].

Financial Performance - Operating revenue for the reporting period reached CNY 1,483,212,863.60, a growth of 48.41% year-on-year[7] - Net profit attributable to shareholders was CNY 142,001,381.29, reflecting a 12.25% increase compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was CNY 139,119,542.18, up by 26.68% year-on-year[7] - Basic earnings per share rose by 3.61% to CNY 0.1405[7] - The company achieved total operating revenue of 4.131 billion RMB, a year-on-year increase of 16.67% (44.00% excluding real estate) [15] - Net profit attributable to shareholders decreased to 479 million RMB, a year-on-year decline of 13.56% (30.86% increase excluding real estate) [15] - Total operating revenue for the third quarter reached ¥1,526,923,462.43, a 49.6% increase from ¥1,021,473,353.81 in the same period last year[44] - Net profit for the period was ¥144,791,998.64, up 10.7% from ¥130,722,990.39 year-over-year[45] - Total operating revenue for the current period reached ¥4,131,387,579.80, an increase of 16.7% compared to ¥3,541,169,314.38 in the previous period[51] - Net profit for the current period was ¥483,255,119.61, a decrease of 15.2% from ¥569,624,131.56 in the previous period[53] Asset Management - Total assets increased by 24.25% to CNY 10,657,660,578.48 compared to the end of the previous year[7] - The total amount of entrusted financial management reached 192,037 million RMB in 2018[30] - Total assets amounted to ¥6,042,139,154.08, an increase from ¥5,734,942,126.64 in the previous period[45] - The company's total equity reached ¥4,364,755,800.32, up from ¥4,128,973,511.18 year-over-year[45] - Total current liabilities reached CNY 5.10 billion, a significant increase of 44.4% compared to CNY 3.53 billion at the beginning of the year[38] - Non-current assets totaled CNY 2.69 billion, an increase of 19.6% from CNY 2.25 billion at the beginning of the year[37] Cash Flow - Cash flow from operating activities increased by 129.49% to CNY 239,498,538.74 year-to-date[7] - The cash inflow from operating activities for the period reached ¥7,662,229,618.04, an increase of 63.4% compared to ¥4,681,079,302.80 in the previous period[58] - The net cash flow from operating activities was ¥239,498,538.74, a significant improvement from a negative cash flow of ¥459,600,977.47 in the same period last year[58] - Cash inflow from investment activities totaled ¥1,489,228,271.69, up from ¥557,043,946.14, marking a 167.5% increase year-over-year[60] - The net cash flow from investment activities was -¥100,606,977.32, an improvement from -¥385,008,499.69 in the previous year[60] - Cash inflow from financing activities amounted to ¥993,726,367.48, a decrease of 90.9% compared to ¥10,962,982,807.62 in the prior period[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 90,897[11] - The largest shareholder, Newland Technology Group, holds 30.56% of the shares, amounting to 308,879,440 shares[11] - The company distributed cash dividends totaling 80.86 million RMB to shareholders[18] Investment Strategies - The company is focusing on expanding its investment strategies through various financial products and trust plans[24] - The company has a significant focus on small and micro enterprises, with a trust plan aimed at providing funding for this sector[27] - The company is exploring new financial products to enhance its market presence and meet customer needs[27] - The company has established partnerships with multiple banks to diversify its investment portfolio and improve asset management capabilities[28] Research and Development - Research and development expenses increased to ¥115,375,530.68, representing a 62.9% rise compared to ¥70,759,045.10 in the previous year[44] - Research and development expenses increased to ¥294,700,221.93, up 25.7% from ¥234,506,345.78[51] Financial Products - The company has launched new financial products, including a wealth management product with a return rate of 6.80% and a total investment of 3,300 million[28] - The financial products include high-credit-rated bonds and money market tools[30] - The average interest rate for the company's financial products ranges from 3.20% to 5.50%[27]