Financial Performance - The company's operating revenue for Q1 2021 was ¥20,827,512.70, a decrease of 56.86% compared to ¥48,280,093.39 in the same period last year[7] - The net profit attributable to shareholders was -¥34,524,571.62, an improvement of 26.16% from -¥46,758,631.34 year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥5,517,224.73, a decline of 130.81% compared to ¥17,908,687.13 in the previous year[7] - The operating profit (loss) for the first quarter was -CNY 31,710,819.82, an improvement from -CNY 49,708,783.06 in the previous period[42] - The total comprehensive income for the first quarter was -CNY 34,516,453.59, compared to -CNY 46,748,521.23 in the previous period, showing an improvement[43] - The basic and diluted earnings per share for the first quarter were both -CNY 0.0454, an improvement from -CNY 0.0614 in the previous period[44] Cash Flow - The net cash flow from operating activities was -¥4,208,367.54, showing a 45.34% improvement from -¥7,699,673.22 in the same period last year[7] - Cash received from operating activities decreased by 41.28% year-on-year, reflecting the decline in operating revenue[15] - Cash received from operating activities was CNY 21,526,232.30, compared to CNY 36,659,112.33 in the previous period, indicating a decrease in cash inflow[49] - Total cash inflow from investment activities was 359,626,187.52 CNY, while cash outflow was 502,366,802.30 CNY, resulting in a net cash flow of -142,740,614.78 CNY[50] - Cash inflow from financing activities amounted to 120,157,404.15 CNY, with no cash outflow reported, leading to a net cash flow of 120,157,404.15 CNY[51] - The total cash and cash equivalents at the end of the period were 92,889,953.20 CNY, down from 119,679,333.06 CNY at the beginning of the period[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,855,493,989.18, an increase of 4.23% from ¥1,780,200,827.44 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 2.02% to ¥1,670,623,706.93 from ¥1,705,140,160.52 at the end of the previous year[7] - Current liabilities amounted to CNY 111,091,755.49, significantly higher than CNY 73,170,420.71 in the previous period[33] - Total liabilities increased to CNY 184,870,282.25 from CNY 75,060,666.92 year-over-year[33] - Owner's equity totaled CNY 1,670,623,706.93, a decrease from CNY 1,705,140,160.52 in the previous period[35] Shareholder Information - The company had a total of 113,215 common shareholders at the end of the reporting period[11] - The largest shareholder, Yang Wenjiang, held 18.08% of the shares, amounting to 137,615,705 shares, with 15,190,000 shares pledged[11] Non-Recurring Items - The company reported non-recurring losses totaling -¥29,007,346.89 during the reporting period[8] - The company's financial expenses increased by 369.40% year-on-year, primarily due to increased interest expenses on borrowings[15] - The tax expenses for the first quarter were CNY 2,756,794.53, compared to a tax benefit of -CNY 3,098,789.07 in the previous period[42] Investment and R&D - Cash paid for the purchase of fixed assets, intangible assets, and other long-term assets increased by 136.78% year-on-year, mainly due to investments in the Yuyin Financial Electronic High-tech Park project[15] - The company's research and development expenses decreased by 30.29% year-on-year, as the company controlled R&D spending according to plan[15] - The company reported an investment income of CNY 10,681,185.47 for the first quarter, a significant recovery from a loss of -CNY 60,576,078.98 in the previous period[42] Other Financial Metrics - The weighted average return on net assets was -2.05%, an improvement of 0.95% from -3.00% in the previous year[7] - The company's deferred income tax liabilities increased by 212.11% compared to the beginning of the period, mainly due to changes in the fair value of trading financial assets[15] - The total trading financial assets increased to ¥543,142,975.17 as of March 31, 2021, compared to ¥463,191,455.04 at the end of 2020, reflecting a growth of approximately 17.3%[31]

Financial Performance - Operating revenue for the reporting period was ¥24,267,281.74, a decrease of 46.10% year-on-year[8]. - Net profit attributable to shareholders of the listed company surged by 2,095.62% to ¥41,945,830.06[8]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was -¥12,523,720.07, a decrease of 841.11%[8]. - Basic earnings per share increased by 2,104.00% to ¥0.0551[8]. - The weighted average return on net assets was 2.49%, an increase of 0.31% compared to the previous year[8]. - Total operating revenue for Q3 2020 was CNY 24,267,281.74, a decrease of 46.0% compared to CNY 45,026,817.26 in the same period last year[38]. - Net profit for Q3 2020 reached CNY 41,945,830.06, a significant increase compared to CNY 1,910,429.26 in Q3 2019[38]. - The consolidated net profit is CNY 67,863,265, an increase of 12.4% from CNY 60,491,263 in the previous period[43]. - Net profit for the current period was ¥213,224,072.69, up from ¥30,513,519.36 in the previous period, reflecting a growth of 598.5%[48]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,783,597,572.25, an increase of 1.44% compared to the end of the previous year[8]. - Total liabilities decreased to CNY 78,521,205.46 from CNY 120,968,614.03, a reduction of approximately 35%[34]. - The company's equity increased to CNY 1,705,076,366.79 from CNY 1,637,254,324.81, representing a growth of about 4.1%[34]. - Cash and cash equivalents decreased significantly from CNY 159,979,086.83 to CNY 89,306,761.26, a decline of approximately 44%[33]. - Long-term receivables decreased significantly from CNY 8,488,956.41 to CNY 2,801,965.60, a drop of about 67%[33]. - Total assets increased to CNY 1,783,597,572.25 as of September 30, 2020, compared to CNY 1,758,222,938.84 at the end of 2019, reflecting a growth of approximately 1.4%[33]. - The total fair value of the company's investments in various funds reached 102,077,863 yuan[23]. Cash Flow - The net cash flow from operating activities was -¥4,149,084.89, a decrease of 112.52%[8]. - Cash and cash equivalents decreased by 44.18% compared to the beginning of the period, primarily due to the company's purchase of financial products[16]. - Cash flow from operating activities generated a net amount of ¥15,175,968.89, a decrease from ¥17,206,493.33 in the previous period[49]. - Cash inflow from investment activities totaled ¥9,209,395,193.28, compared to ¥3,933,194,107.21 in the previous period, showing a substantial increase[50]. - The net cash flow from investment activities was negative at -¥84,826,817.65, down from a positive ¥221,345,852.11 in the previous period[50]. Shareholder Information - The company had a total of 104,824 shareholders at the end of the reporting period[12]. - The largest shareholder, Yang Wenjiang, held 19.07% of the shares, totaling 145,192,825 shares[12]. Research and Development - Research and development expenses decreased by 35.29% year-on-year, primarily due to a reduction in R&D spending[16]. - Research and development expenses for Q3 2020 were CNY 4,037,379.02, down 43.2% from CNY 7,080,263.80 in the previous year[38]. - Research and development expenses decreased to ¥9,756,022.53 from ¥15,914,641.02, indicating a strategic shift in resource allocation[47]. Investment Activities - Cash paid for investments increased by 151.84% year-on-year, mainly due to an increase in purchased financial products and stocks[16]. - The company reported a fair value of 11,820,331.7 yuan for its investment in the S&P 500 index fund[23]. - The company has a total of 44,200,000 yuan in entrusted financial management, sourced from its own funds[27]. Other Financial Metrics - Other income decreased by 84.23% year-on-year, primarily due to a reduction in government subsidies received during the reporting period[16]. - The company reported a significant increase in investment income, reaching CNY 55,671,301, compared to CNY 41,870,863 in the previous period[40]. - The company experienced a decrease in total operating costs to CNY 120,673,540, down 24.3% from CNY 159,349,959 in the previous period[43].

Financial Performance - The company's operating revenue for the reporting period was ¥110,556,790.08, representing a 19.70% increase compared to ¥92,364,165.16 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 55.76% to ¥25,917,434.47 from ¥58,580,833.84 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥31,753,427.06, a significant increase of 273.42% compared to a loss of ¥18,309,984.26 in the same period last year[17]. - The net cash flow from operating activities improved by 221.36%, reaching ¥19,325,053.78, compared to a negative cash flow of ¥15,923,971.04 in the previous year[17]. - The total profit amounted to CNY 29,023,497.00, a decrease of 58% compared to the previous year[31]. - The company achieved total operating revenue of CNY 110,556,790.08, representing a year-on-year increase of 19.70%[31]. - Operating costs decreased by 18.47% to ¥45,541,560.92 from ¥55,857,715.56, primarily due to reduced cooperation and maintenance service costs[33]. - Research and development expenses fell by 32.21% to ¥11,964,797.70 from ¥17,649,293.42, mainly due to a decrease in R&D personnel expenses[33]. - The company reported a significant reduction in current liabilities, totaling CNY 76,226,858.81 compared to CNY 105,396,733.16, a decrease of approximately 28%[124]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,755,006,914.59, a slight decrease of 0.18% from ¥1,758,222,938.84 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company increased by 1.58% to ¥1,663,189,882.12 from ¥1,637,254,324.81 at the end of the previous year[17]. - The company's total assets included cash and cash equivalents of ¥208,005,721.63, which accounted for 11.85% of total assets, a significant increase from 2.35% in the previous year[41]. - The company's accounts payable decreased by 0.87%, totaling ¥24,104,461.67, attributed to a reduction in payments to suppliers[43]. - The total amount of other non-current assets decreased by 0.32%, amounting to ¥1,958,990.21, primarily due to a reduction in prepaid site rental[43]. - The total amount of financial liabilities remained at ¥0.00, indicating no significant changes in financial obligations during the reporting period[45]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares during this reporting period[6]. - Major shareholder Yang Wenjiang holds 155,745,310 shares, representing 20.07% of the total share capital, with 97,555,310 shares pledged, accounting for 12.82% of the total[96]. - The total number of ordinary shareholders at the end of the reporting period is 93,788[105]. - The company has not conducted any repurchase transactions among the top 10 ordinary shareholders during the reporting period[106]. - There has been no change in the controlling shareholder or actual controller during the reporting period[107]. Investment and Projects - The total investment amount for the reporting period reached ¥5,989,226,796.10, representing a significant increase of 677.06% compared to the previous year's investment of ¥770,756,450.34[47]. - The total amount of securities investments approved by the board was disclosed on April 30, 2020[53]. - The total amount of other securities investments was reported at CNY 3,659,924.87 million[53]. - The company reported a total of CNY 406,767.49 million in securities investments, with a fair value change of CNY -20,117.84 million during the reporting period[53]. - The company plans to increase capital for its subsidiaries Tiancheng Zhihuo and Yuxin Zhihuo by 2,900 million RMB each, raising their registered capital to 3,000 million RMB[98][99]. Subsidiary Performance - Anhui Yuyin Electronic Technology Co., Ltd. reported a net loss of CNY 36.54 million with zero revenue[60]. - Guangzhou Yuyin ATM Technology Co., Ltd. achieved a revenue of CNY 2.75 million and a net profit of CNY 5.38 million, marking a significant performance improvement[60]. - Guangzhou Yuxin Software Co., Ltd. generated a revenue of CNY 385,322.46 with a net profit of CNY 37.56 million, indicating strong profitability[60]. - The overall performance of the subsidiaries indicates a mixed financial outlook, with some entities showing profitability while others are struggling[60][61]. - Future strategies may include market expansion and new product development to enhance revenue streams across subsidiaries[60][61]. Risk and Management - The company is facing industry risks due to prolonged resource integration and market competition, leading to price declines in equipment and maintenance services[68]. - The company aims to enhance management levels and explore new technologies and business models to improve profitability and sustainability[68]. - The company is actively seeking external development projects and emerging field projects for resource integration[68]. - The company is closely monitoring economic conditions and financial market changes to manage securities investment risks[69]. Accounting and Compliance - The financial report was approved by the board of directors on July 20, 2020, ensuring the accuracy and reliability of the financial data presented[149]. - The financial statements comply with the requirements of the accounting standards, accurately reflecting the company's financial position, operating results, and cash flows[154]. - The company has not conducted an audit for the half-year financial report[77]. - The company has not faced any penalties or rectification issues during the reporting period[81]. - The company adheres to the accounting policies and estimates that reflect its actual production and operational characteristics[153].

Financial Performance - The company's operating revenue for 2019 was ¥213,971,979.32, a decrease of 45.72% compared to ¥394,213,945.82 in 2018[16] - The net profit attributable to shareholders in 2019 was ¥67,277,711.54, a significant increase of 170.95% from a loss of ¥94,817,582.68 in 2018[16] - The total profit amounted to ¥72,015,544.17, representing a growth of 173.52% year-over-year[33] - The company reported a significant decline in ATM product sales, which totaled ¥16,913,099.22, down 87.84% year-over-year[40] - The operating lease revenue increased by 38.50% to ¥33,719,234.19, indicating a positive trend in this segment[40] - The company achieved a net profit of 40.80 million yuan in 2019, with a proposed profit distribution plan of no dividends and no capital reserve transfer to share capital[96] Cash Flow and Assets - The net cash flow from operating activities was ¥95,918,976.65, down 12.78% from ¥109,976,975.80 in the previous year[16] - The cash and cash equivalents net increase was ¥73,789,661.42 in 2019, a significant turnaround from a decrease of ¥118,698,997.99 in 2018, reflecting a 162.17% improvement[52] - The total assets at the end of 2019 were ¥1,758,222,938.84, reflecting a slight increase of 0.24% from ¥1,754,070,887.95 at the end of 2018[16] - The net assets attributable to shareholders increased by 3.34% to ¥1,637,254,324.81 at the end of 2019, up from ¥1,584,364,353.33 in 2018[16] - The company's cash and cash equivalents increased to CNY 159,979,086.83, accounting for 9.10% of total assets, up from 5.00% in the previous year[59] Research and Development - The company’s R&D focus on financial self-service equipment has led to numerous patents and certifications, enhancing its competitive edge in the market[29] - Research and development expenses in 2019 were ¥30,476,536.43, a decrease of 6.82% from ¥32,706,830.69 in 2018, while the R&D expenditure as a percentage of operating income increased to 14.24%[52][54] - The company obtained 16 invention patents and 6 utility model patents during the reporting period, emphasizing its commitment to innovation[53] Market and Industry Risks - The company has outlined potential industry and market risks in its annual report, urging investors to remain cautious[5] - The company is facing market risks due to intense competition and price declines in the equipment sector, prompting adjustments in product and industry structure[90] Strategic Initiatives - The company is actively expanding its market presence through partnerships with banking institutions, enhancing its service offerings in ATM operations and technology[25] - The company plans to explore the application of digital currency wallets in self-service devices, enabling interactions between digital currencies and various wallet types[87] - The company plans to enhance its financial services by optimizing maintenance processes, aiming to improve efficiency by 27% for on-site maintenance personnel through intelligent dispatching[88] Shareholder and Dividend Policy - The company plans not to distribute cash dividends or issue bonus shares[6] - The company will not distribute profits for 2019, with retained earnings carried forward to the next year, reflecting a conservative financial strategy[96] - The company has not distributed any cash dividends in 2018 and 2019, indicating a focus on reinvestment rather than shareholder returns during these years[100] Governance and Compliance - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, and maintains a transparent communication platform with investors[128] - The company has a complete internal control system and complies with various laws and regulations to ensure accurate information disclosure[128] - The company has established a rigorous risk management framework for its securities investments, including regular audits and compliance with regulations[92] Employee and Management Structure - The company employed a total of 344 staff, with 203 in technical roles, 94 holding bachelor's degrees, and 8 with postgraduate degrees[161] - The company has established a performance evaluation policy linked to salary and promotion, aiming to enhance employee motivation[162] - The current management team includes professionals with backgrounds in finance, technology, and management, contributing to the company's strategic direction[155]

Financial Performance - The company's operating revenue for Q1 2020 was ¥48,280,093.39, representing a 20.58% increase compared to ¥40,040,165.41 in the same period last year[8]. - The net profit attributable to shareholders was -¥46,758,631.34, a decrease of 232.54% from ¥35,280,209.63 in the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,908,687.13, a significant increase of 330.37% from -¥7,773,931.25 in the same period last year[8]. - The basic earnings per share were -¥0.0614, a decline of 232.61% from ¥0.0463 in the same period last year[8]. - The diluted earnings per share were also -¥0.0614, reflecting the same decline as the basic earnings per share[8]. - The weighted average return on equity was -3.00%, down 5.20% from 2.20% in the previous year[8]. - The company reported a net loss of ¥46,758,631.34 for Q1 2020, compared to a net profit of ¥35,280,209.63 in the same period last year, indicating a significant decline in profitability[37]. - The total comprehensive income for the period was -¥46,748,521.23, a stark contrast to the comprehensive income of ¥35,239,530.67 in Q1 2019[37]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥7,699,673.22, an 80.13% improvement from -¥38,746,634.18 in the previous year[8]. - The company's cash and cash equivalents decreased to ¥128,895,811.90 from ¥159,979,086.83, representing a decline of about 19.4%[27]. - The cash inflow from sales of goods and services was ¥17,514,643.77, a decrease from ¥47,479,087.68 in the previous period, indicating lower sales performance[46]. - The cash outflow for purchasing goods and services was ¥8,987,645.81, down from ¥59,306,057.34 in the previous period, suggesting a reduction in procurement costs[46]. - The total cash outflow from operating activities was ¥40,958,309.54, compared to ¥164,598,269.14 in the previous period, showing a reduction in cash expenses[46]. - The company's cash and cash equivalents at the end of the period stood at ¥57,287,215.39, an increase from ¥41,170,106.32 in the previous period, indicating improved liquidity[48]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,695,451,922.56, a decrease of 3.57% from ¥1,758,222,938.84 at the end of the previous year[8]. - The net assets attributable to shareholders decreased by 2.86% to ¥1,590,505,803.58 from ¥1,637,254,324.81 at the end of the previous year[8]. - The total current assets as of March 31, 2020, amounted to ¥622,385,411.97, a decrease from ¥690,013,379.15 at the end of 2019, reflecting a decline of approximately 9.8%[27]. - The company's long-term receivables decreased to ¥4,712,860.29 from ¥8,488,956.41, a decline of about 44.6%[28]. - The total liabilities included accounts payable of ¥24,704,502.79, which remained relatively stable compared to ¥24,690,241.90[28]. - Total liabilities decreased to CNY 583,529,359.16 from CNY 605,157,378.75, a reduction of approximately 3.9%[33]. Operating Costs and Expenses - Operating costs decreased by 41.06% year-on-year, mainly due to the company's control over outlet maintenance expenses[15]. - Sales revenue from goods and services decreased by 39.14% year-on-year, primarily due to reduced sales collections during the reporting period[15]. - Cash paid for purchasing goods and accepting services decreased by 67.21% year-on-year, mainly due to reduced raw material procurement expenditures[15]. - Tax expenses decreased by 42.98% year-on-year, corresponding to a reduction in payable value-added tax[15]. - Other income decreased by 98.88% year-on-year, primarily due to a reduction in government subsidies[15]. - Investment income decreased by 221.98% year-on-year, mainly due to losses from securities investments[15]. - Research and development expenses increased to CNY 5,580,725.09 from CNY 4,585,079.62, an increase of approximately 21.7%[36]. - The company reported a significant increase in sales expenses, which amounted to ¥518,001.56, compared to ¥2,031,379.62 in the previous year, indicating a reduction in sales-related costs[39]. Investment Activity - The company reported an investment loss of CNY 60,576,078.98 in Q1 2020, compared to a gain of CNY 49,659,319.61 in Q1 2019[36]. - The total cash inflow from investment activities was ¥1,083,500,726.60, down from ¥7,788,571,974.49 in the previous period, reflecting a substantial reduction in investment returns[48]. - The net cash flow from investment activities was -¥39,324,863.91, contrasting with a positive net cash flow of ¥18,297,763.09 in the previous period, highlighting challenges in investment performance[48]. Compliance and Audit - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[49]. - The company has not applied new revenue and leasing standards, which may impact future financial reporting[49]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[20][21].

Financial Performance - Operating revenue for the reporting period was ¥45,026,817.26, a decrease of 32.96% year-on-year, while year-to-date revenue was ¥137,390,982.42, down 54.73% compared to the same period last year[8]. - Net profit attributable to shareholders for the reporting period was ¥1,910,429.26, representing a significant increase of 203.90% year-on-year, with year-to-date net profit reaching ¥60,491,263.11, up 2,201.90%[8]. - Basic earnings per share for the reporting period was ¥0.0025, an increase of 203.90% year-on-year, while diluted earnings per share also stood at ¥0.0025[8]. - Total operating revenue for Q3 2019 was CNY 45,026,817.26, a decrease of 33% compared to CNY 67,168,801.35 in the same period last year[35]. - Total operating revenue for the period was CNY 137,390,982.42, a decrease of 54.7% compared to CNY 303,505,103.36 in the same period last year[37]. - The company reported a net profit of CNY 1,910,429.26, compared to a net loss of CNY 1,838,703.39 in the previous year[35]. - Net profit for the period reached CNY 60,491,263.11, a significant increase from CNY 2,627,881.25 in the previous year, representing a growth of 2,201.5%[37]. - The total profit for the period was CNY 65,469,957.81, compared to CNY 668,552.33 in the same period last year, marking a substantial increase[37]. Cash Flow - The net cash flow from operating activities for the reporting period was ¥33,130,464.37, an increase of 59.08% compared to the same period last year[8]. - Cash received from sales decreased by 33.14% year-on-year, reflecting a decline in sales revenue[19]. - Operating cash inflow for the period was CNY 200,952,426.56, a decrease of 38.8% from CNY 328,221,066.34 in the previous period[39]. - Net cash flow from operating activities was CNY 17,206,493.33, down 51.4% from CNY 35,445,508.98 year-on-year[39]. - Investment cash inflow totaled CNY 3,933,194,107.21, significantly up from CNY 2,145,578,075.70, marking an increase of 83.1%[39]. - Net cash flow from investment activities was CNY 221,345,852.11, compared to CNY 94,404,490.75 in the previous period, reflecting a growth of 134.9%[39]. - Cash flow from financing activities resulted in a net outflow of CNY 60,519,371.97, an improvement from a net outflow of CNY 88,636,268.40 last year[39]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,770,939,462.86, an increase of 0.96% compared to the end of the previous year[8]. - The total current assets reached CNY 697,947,089.48, compared to CNY 674,318,362.51 at the end of 2018, indicating a growth of approximately 3.7%[31]. - Total liabilities decreased from CNY 816,156,493.97 in 2018 to CNY 436,015,715.69 in 2019, a reduction of approximately 46.5%[34]. - The company's total assets decreased from CNY 2,054,955,575.47 in 2018 to CNY 1,705,328,316.55 in 2019, a decline of approximately 17%[33]. - The company's total liabilities were CNY 169,706,534.62, with current liabilities accounting for CNY 125,045,934.62[42]. - The total current liabilities decreased from CNY 771,715,493.97 in 2018 to CNY 419,243,861.92 in 2019, a decrease of approximately 45.5%[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 111,181, with the largest shareholder holding 20.07% of the shares[12]. - The company has committed to distributing at least 30% of the average distributable profit over the last three years in cash dividends, ensuring shareholder returns[21]. Research and Development - Research and development expenses increased by 55.54% year-on-year, attributed to an increase in R&D projects[17]. - Research and development expenses increased significantly to CNY 7,080,263.80, up 83% from CNY 3,860,345.49 year-over-year[35]. - Research and development expenses increased to CNY 24,729,557.22, up 55.6% from CNY 15,899,349.27 in the previous year[37]. Investment Income - Investment income grew by 375.25% year-on-year, mainly from profits from the sale of stocks and other financial products[17]. - The company's investment income for the period was CNY 42,094,464.52, a significant improvement from a loss of CNY 9,110,697.25 in the previous year[35]. - The company reported an investment income of CNY 91,023,690.81, up from CNY 19,152,792.63 year-on-year, indicating a growth of 376.5%[37]. Financial Governance - The company has no reported instances of non-compliance with external guarantees during the reporting period, reflecting sound financial governance[24]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[25]. - There were no significant adjustments or restatements of previous years' accounting data required for this report[8].

Financial Performance - The company's operating revenue for the reporting period was ¥92,364,165.16, a decrease of 60.92% compared to ¥236,336,302.01 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was ¥58,580,833.84, an increase of 1,211.54% compared to ¥4,466,584.65 in the same period last year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥18,309,984.26, a decrease of 738.12% compared to ¥2,869,346.96 in the same period last year[17]. - The net cash flow from operating activities was -¥15,923,971.04, a decrease of 208.93% compared to ¥14,618,815.45 in the same period last year[17]. - Basic earnings per share were ¥0.0770, an increase of 1,205.08% compared to ¥0.0059 in the same period last year[17]. - The company achieved total revenue of ¥92,364,165.16, a decrease of 60.92% compared to the same period last year[31]. - The net profit attributable to shareholders increased by 1,211.54% to ¥58,580,833.84[31]. - The company reported a significant increase in investment income to ¥48,929,226.29, compared to ¥28,263,489.88 in the previous year, an increase of 73.2%[120]. - The company reported a significant increase in income tax expenses by 765.75% to ¥10,515,918.58, mainly due to an increase in deferred tax expenses[33]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,765,647,534.81, an increase of 0.66% compared to ¥1,754,070,887.95 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were ¥1,642,953,440.98, an increase of 3.70% compared to ¥1,584,364,353.33 at the end of the previous year[17]. - Total assets decreased in cash and cash equivalents by 7.60% to ¥41,552,878.65, due to repayment of bank loans[42]. - The company's total liabilities decreased from CNY 169,706,534.62 to CNY 122,694,093.83, representing a reduction of approximately 27.7%[115]. - The total equity attributable to the parent company at the end of the current period is CNY 1,683,575,390.01, showing a decrease of CNY 6,936,255.80[131]. Cash Flow - The company’s cash and cash equivalents decreased by 45.39 million, mainly due to the repayment of long-term and short-term bank loans[26]. - Cash flow from operating activities showed a net outflow of ¥15,923,971.04 in the first half of 2019, compared to a net inflow of ¥14,618,815.45 in the first half of 2018[124]. - The total cash outflow from financing activities in the first half of 2019 was ¥93,779,867.56, compared to ¥32,973,894.07 in the same period of 2018, indicating a substantial increase in financing outflows[126]. Research and Development - Research and development expenses rose by 43.86% to ¥17,649,293.42, indicating a focus on innovation[33]. - The company focuses on R&D and innovation, achieving numerous domestic and international certifications and patents[27]. - The company obtained 9 invention patents and 5 utility model patents during the reporting period, reflecting its commitment to technological advancement[31]. Market and Industry Risks - The company has highlighted various industry and market risks in its report, urging investors to remain aware of these risks[5]. - The company faces risks from intense market competition and declining gross margins, prompting a focus on improving production processes and cost control to enhance competitiveness[66]. Strategic Initiatives - The company is actively adjusting its strategy and organizational structure to better respond to the challenges of the new market environment[31]. - The company plans to optimize its main business structure and actively integrate complementary resources to strengthen strategic layout and ensure sustainable development[68]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 121,314[99]. - Major shareholder Yang Wenjiang holds 20.44% of the company's shares, totaling 155,562,560 shares, which are pledged[99]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[101]. Subsidiaries and Investments - The company established a wholly-owned subsidiary, Guangzhou Yutai Information Technology Co., Ltd., with a registered capital of RMB 96 million, completing the registration process recently[91]. - The company operates a total of 15 subsidiaries as of June 30, 2019[143]. Accounting Policies - The financial statements are prepared based on the going concern principle, with no significant factors affecting the company's ability to continue operations within the next 12 months[145]. - The company adheres to the accounting policies and estimates as per the relevant accounting standards, ensuring the financial statements reflect a true and complete view of its financial status[147].

Financial Performance - The company's operating revenue for Q1 2019 was ¥40,040,165.41, a decrease of 69.53% compared to ¥131,405,033.48 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2019 was ¥35,280,209.63, an increase of 816.95% from ¥3,847,540.71 in the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,773,931.25, a decline of 191.56% compared to ¥8,490,203.37 in the same period last year[8]. - Basic and diluted earnings per share for Q1 2019 were both ¥0.0463, representing an increase of 807.84% from ¥0.0051 in the same period last year[8]. - Total profit for Q1 2019 was ¥38,836,236.20, compared to ¥3,924,012.71 in Q1 2018, an increase of 887.5%[37]. - The total comprehensive income for Q1 2019 was ¥35,239,530.67, compared to ¥3,774,083.83 in Q1 2018, reflecting an increase of 831.5%[37]. Cash Flow - The net cash flow from operating activities was -¥38,746,634.18, an improvement of 41.86% from -¥66,643,081.02 in the previous year[8]. - Cash received from sales of goods and services decreased by 50.99% year-on-year, attributed to reduced sales revenue[16]. - Cash received from sales and services in Q1 2019 was ¥60,234,357.73, down from ¥122,893,282.27 in the same period last year, a decrease of 51.0%[44]. - The company reported a net cash flow from financing activities of -49,327,882.84 CNY, compared to -11,828,031.05 CNY in the previous period, reflecting increased cash outflows for debt repayment[46]. - The total cash inflow from operating activities was 172,978,039.98 CNY, compared to 150,643,920.12 CNY in the previous period, showing a positive trend[47]. - The company paid 59,306,057.34 CNY for goods and services, down from 104,433,784.81 CNY in the previous period, indicating cost control measures[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,771,516,553.86, a slight increase of 0.99% from ¥1,754,070,887.95 at the end of the previous year[8]. - Total liabilities decreased to CNY 788,620,407.23 from CNY 816,156,493.97, representing a reduction of about 3.4%[34]. - The company’s total liabilities were 125,045,934.62 CNY, indicating a manageable level of short-term obligations[52]. - Total equity attributable to shareholders reached CNY 1,584,364,353.33, contributing to total assets of CNY 2,054,955,575.47[54][56]. - The company has a long-term liability of CNY 14,403,600.00, down from CNY 17,641,000.00, indicating a decrease of approximately 18.5%[34]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 95,438[11]. - The largest shareholder, Yang Wenjiang, held 20.44% of the shares, amounting to 155,562,560 shares, with 39,490,000 shares pledged[11]. Investment and Expenses - Research and development expenses decreased to ¥4,585,079.62 in Q1 2019 from ¥8,810,946.39 in Q1 2018, a reduction of 48.0%[35]. - The company reported an investment income of ¥49,659,319.61 in Q1 2019, compared to ¥13,900,624.11 in Q1 2018, an increase of 256.0%[35]. - Financial expenses decreased by 50.06% year-on-year, primarily due to a reduction in loan interest expenses[15]. Other Financial Metrics - The weighted average return on equity was 2.20%, up from 0.23% in the previous year[8]. - The company has not undergone an audit for the first quarter report, which may affect investor confidence[58]. - The company has implemented new financial and leasing standards, which may impact future financial reporting[57].

Financial Performance - The company's operating revenue for 2018 was CNY 394,213,945.82, a decrease of 30.81% compared to CNY 569,714,606.45 in 2017[17] - The net profit attributable to shareholders for 2018 was a loss of CNY 94,817,582.68, representing a decline of 788.73% from a profit of CNY 13,767,025.88 in 2017[17] - The net cash flow from operating activities was CNY 109,976,975.80, down 25.58% from CNY 147,774,384.35 in the previous year[17] - The total assets at the end of 2018 were CNY 1,754,070,887.95, a decrease of 14.95% from CNY 2,062,368,704.15 at the end of 2017[17] - The net assets attributable to shareholders decreased by 6.28% to CNY 1,584,364,353.33 from CNY 1,690,511,645.81 in 2017[17] - The basic earnings per share for 2018 was -CNY 0.1246, a decline of 788.40% from CNY 0.0181 in 2017[17] - The weighted average return on net assets was -5.77% in 2018, down from 0.82% in 2017[17] - The total profit amounted to -¥97,947,739.98, representing a decline of 550.64% year-on-year[32] - The company reported a significant drop in ATM product sales, which totaled ¥139,072,219.41, down 54.47% from the previous year[37] Research and Development - The company has maintained a strong focus on R&D, developing advanced financial self-service equipment, including the KingTeller series, which incorporates biometric technology[24] - The company has invested heavily in R&D, developing a multimodal biometric recognition solution platform, enhancing user experience with features like facial recognition for cash withdrawals[34] - The company plans to focus on R&D for smart banking solutions, enhancing product competitiveness and customer service through innovation in self-service devices[82] - The company is committed to advancing multi-modal biometric recognition technologies, including facial recognition and vein verification, to enhance security and user experience[82] - Research and development expenses accounted for 10% of total revenue, indicating a strong focus on innovation[196] Market Position and Strategy - The company has established long-term partnerships with various banking institutions, enhancing its market position in the financial self-service equipment sector[28] - The company is actively exploring artificial intelligence technologies to enhance the functionality and security of its self-service devices, aiming to support the transformation of traditional banking outlets[28] - The company is focusing on market expansion through strategic partnerships with well-known domestic enterprises, laying a solid foundation for future growth[34] - The company recognizes the growing demand for financial services in rural areas and aims to accelerate the establishment of self-service points to enhance service coverage[78] - The company plans to expand its market presence through strategic partnerships and new product launches in 2019[196] Cash Flow and Investments - The net cash flow from investing activities was -141,949,124.69 CNY, an improvement of 54.41% compared to -311,379,631.19 CNY in 2017[52] - Cash inflow from operating activities decreased by 31.68% to 502,159,763.46 CNY, primarily due to reduced sales revenue[52] - The company reported an investment loss of -20,539,893.47, accounting for 20.97% of total profit[56] - The company reported a total investment cost of CNY 406,767,486.03 in stocks, with a current fair value of CNY 1,154,557,924.83[69] Corporate Governance - The company has a governance structure that includes a board of directors with 5 members, 2 of whom are independent directors[156] - The company has implemented a robust internal audit system to oversee economic operations and compliance with regulations[159] - The company actively engages in investor relations, ensuring transparent communication and equal access to information for all shareholders[158] - The company has established an independent employee team and a complete labor management system, ensuring no interference from controlling shareholders[161] Shareholder Information - The company’s major shareholder, Yang Wenjiang, holds 20.44% of the shares, with 62.19 million shares pledged[131] - The total number of shareholders at the end of the reporting period was 91,504, with a slight increase in the number of shareholders holding more than 5%[131] - The company’s focus on core business has led to the divestment of non-core assets, enhancing operational efficiency[123] Audit and Compliance - The audit opinion was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position as of December 31, 2018[178] - The financial report was prepared in accordance with accounting standards, ensuring a true and complete representation of the company's financial results[180] - The company reported no significant litigation or arbitration matters during the reporting period[101] Employee Information - The total number of employees in the company is 456, with 362 in the parent company and 94 in major subsidiaries[148] - The professional composition includes 240 technical personnel, 77 production personnel, 34 financial personnel, 23 sales personnel, and 82 administrative personnel[148] - The company emphasizes a performance evaluation and incentive system that links employee compensation to business performance[157]

Financial Performance - Operating revenue for the reporting period was CNY 67,168,801.35, down 30.58% year-on-year, while year-to-date revenue was CNY 303,505,103.36, a decrease of 22.32% compared to the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 1,838,703.39, representing a 65.55% increase in loss compared to the same period last year, with year-to-date net profit at CNY 2,627,881.25, down 79.20% year-on-year[8] - Basic and diluted earnings per share were both CNY -0.0024, a decrease of 65.49% compared to the same period last year, with year-to-date earnings per share at CNY 0.0035, down 78.92%[8] - The weighted average return on net assets was -0.11%, a decrease of 1.09% compared to the same period last year[8] - The company expects a net loss for the year 2018, projected between CNY -9,900,000 and CNY -7,000,000, compared to a net profit of CNY 1,376,700 in 2017[22] - The decline in performance is attributed to reduced industry demand, leading to a significant decrease in operating revenue[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,879,981,181.04, a decrease of 8.84% compared to the end of the previous year[8] - Financial assets measured at fair value decreased by 65.89% compared to the beginning of the period, primarily due to the sale of stocks on the Hong Kong Stock Exchange[14] - Inventory decreased by 35.93% compared to the beginning of the period, mainly due to reduced material procurement[14] - Other current assets increased by 225.68% compared to the beginning of the period, primarily due to holding broker financial products[14] - Long-term equity investments decreased by 68.59% compared to the beginning of the period, mainly due to operating losses from the invested enterprise[15] Cash Flow - The net cash flow from operating activities was CNY 20,826,693.53, a decrease of 57.49% compared to the same period last year, while year-to-date cash flow increased by 136.48% to CNY 35,445,508.98[8] - Cash received from investment increased by 265.5% year-on-year, mainly due to the sale of financial products and stocks on the Hong Kong Stock Exchange[14] - Investment income increased by 1706.04% year-on-year, primarily due to profits from the sale of stocks on the Hong Kong Stock Exchange[14] - Cash paid for purchasing fixed assets decreased by 65.33% year-on-year, primarily due to reduced renovation expenditures[16] - The company’s cash flow is expected to support normal operations and sustainable development, barring any major investment plans or cash expenditures[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 90,589, with the largest shareholder holding 20.44% of the shares[10] - The largest shareholder, Yang Wenjiang, holds 155,562,560 shares, with 116,671,920 shares pledged[10] - The actual controller holds 20.44% of the company's total shares, with 51.68% of his shares pledged[17] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[11] Non-Operating Income and Expenses - The company reported non-operating income of CNY 3,180,689.70 for the year-to-date period, primarily from government subsidies and other income[9] - Management expenses decreased by 55.92% year-on-year, mainly due to cost control measures[15] - The company reported a fair value loss of CNY 19,180,296.28 on its financial assets during the reporting period[24] Financial Management and Compliance - The total amount of entrusted financial management products reached CNY 64,786,230, with an outstanding balance of CNY 13,895,930[28] - There were no violations regarding external guarantees during the reporting period[25] - The company did not experience any non-operating fund occupation by controlling shareholders or related parties[26] - The company has not reported any significant or high-risk entrusted financial management situations[28] - The company has not engaged in any research, communication, or interview activities during the reporting period[28]