Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,197,366,363.82, representing a 34.56% increase compared to ¥889,814,111.90 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was -¥29,639,339.64, an improvement from -¥83,890,681.91 in the previous year[22]. - The cash flow from operating activities showed a net outflow of -¥189,762,049.11, which is less negative than -¥239,833,629.37 in the same period last year[22]. - The total assets at the end of the reporting period were ¥2,393,545,671.85, down 8.97% from ¥2,627,825,741.48 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 2.59% to ¥892,468,288.44 from ¥915,588,484.65 at the end of the previous year[22]. - The basic and diluted earnings per share were both -¥0.0417, an improvement from -¥0.1179 in the same period last year[22]. - The weighted average return on net assets improved to -3.28% from -8.26% in the previous year[22]. - The company reported a net loss of ¥5,411,571.42 from its subsidiary, Beijing Huaxia Diantong Technology Co., Ltd., with a revenue of ¥72,518.12 million, a decrease of 13.14% year-on-year[79]. - The company reported a net loss of ¥511.19 million from the research institute, attributed to increased period expenses and investment losses from joint ventures[85]. - The company reported a net loss of CNY 39,770,550.77 for the first half of 2022, compared to a loss of CNY 94,698,006.78 in the same period of 2021, showing an improvement of approximately 58%[171]. Revenue Breakdown - The company achieved operating revenue of 1,197.37 million yuan, representing a year-on-year growth of 34.56%[31]. - The digital marketing business generated revenue of 862.76 million yuan, reflecting a year-on-year growth of 43.22%[46]. - The management software business achieved revenue of 329.38 million yuan, an increase of 17.03% year-on-year[38]. - The company's electronic government revenue was ¥214,715,163.03, accounting for 17.93% of total revenue, with a growth of 23.75% year-on-year[56]. - The internet business segment generated ¥863,122,450.57, which is 72.09% of total revenue, reflecting a significant increase of 43.23% compared to the previous year[56]. - The revenue from the government affairs segment reached ¥31,528.72 million, a significant increase of 590.62% year-on-year, with a net profit of ¥349.24 million compared to a loss of ¥1,576.25 million in the previous year[83]. Costs and Expenses - The cost of sales increased by 39.45% to ¥919,514,550.26, primarily due to rising costs in the digital communication business[54]. - The total operating costs for the first half of 2022 were CNY 1,251,575,666.06, an increase of 26% compared to CNY 994,421,379.01 in the first half of 2021[170]. - The company's management expenses decreased to CNY 149,465,950.89 in the first half of 2022 from CNY 142,458,392.01 in the first half of 2021[170]. - The company experienced a decrease in sales expenses, which were CNY 33,789,525.60 in the first half of 2022, down from CNY 41,643,972.48 in the first half of 2021[170]. Assets and Liabilities - Cash and cash equivalents decreased to ¥279,622,837.06, accounting for 11.68% of total assets, down from 26.30% the previous year[63]. - Accounts receivable increased to ¥446,895,251.00, representing 18.67% of total assets, up from 16.63% the previous year[63]. - The company’s total liabilities included accounts payable of 151.26 million yuan and contract liabilities of 397.04 million yuan[162]. - The total amount of trading financial assets increased to ¥523,893,336.42, representing 21.89% of total assets, up from 12.66% the previous year[63]. - The total liabilities decreased to CNY 1,450,276,869.39 from CNY 1,651,087,775.56, indicating a reduction of approximately 12.2%[166]. - The total assets as of June 30, 2022, were CNY 2,393,545,671.85, down from CNY 2,629,383,272.55 at the beginning of the year, a decline of about 9.0%[166]. Strategic Initiatives - The company is facing risks including macroeconomic and policy risks, industry competition risks, and accounts receivable recovery risks, with measures outlined in the report[5]. - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company plans to enhance its overseas marketing and accounts receivable management due to the impact of the global pandemic and international situation[66]. - The company plans to enhance its market expansion efforts and strengthen project delivery management to mitigate risks associated with economic fluctuations and policy changes[87]. - The company is focused on integrating financial data management with budget management for government clients, enhancing the efficiency of financial operations[36]. - The company is actively enhancing its digital marketing capabilities by expanding partnerships with platforms like Meta and Google, while also developing new media resources[47]. Research and Development - The company’s R&D investment was ¥135,457,921.54, showing a slight decrease of 0.31% from ¥135,883,537.53 in the previous year[54]. - The company aims to strengthen its technological research and innovation capabilities to maintain competitive advantages in the rapidly evolving software industry[88]. - The company has accumulated a total of 1,098 software copyrights and 44 patents, enhancing its competitive edge[50]. - The company has developed a digital management platform for rural revitalization, which is currently in the pilot phase in Ganzi Tibetan Autonomous Prefecture, Sichuan Province, and aims to integrate with existing products[103]. Shareholder Information - The total number of shares increased to 710,585,464, with a change of 37,432 shares during the reporting period[133]. - The number of restricted shares decreased from 69,259,155 (9.75%) to 67,677,398 (9.52%), a reduction of 1,581,757 shares[133]. - The number of unrestricted shares increased from 641,288,877 (90.25%) to 642,908,066 (90.48%), an increase of 1,619,189 shares[133]. - The company reported a total of 7,800,000 convertible bonds issued, with a total issuance amount of RMB 780 million[151]. - The top ten shareholders did not engage in any agreed repurchase transactions during the reporting period[138]. Legal and Compliance - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[106]. - There were no significant external guarantees or major contracts during the reporting period[107][124]. - The company has not engaged in any major related party transactions or asset acquisitions during the reporting period[114][115]. - The semi-annual financial report has not been audited[108].

Financial Performance - The company's operating revenue for Q1 2022 was ¥589,102,366.82, representing a 55.38% increase compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥24,894,329.77, an improvement from a loss of ¥41,757,579.93 in the previous year[4]. - The net cash flow from operating activities was a negative ¥191,768,915.77, slightly better than the negative ¥197,232,737.31 recorded in the same period last year[4]. - The company's basic and diluted earnings per share were both -¥0.0350, an improvement from -¥0.0587 in the same period last year[4]. - The net loss attributable to the parent company for the first quarter of 2022 was CNY -248,622,909.19, compared to CNY -229,970,969.61 in the previous period[19]. - The total comprehensive income for Q1 2022 was -30,851,223.52 CNY, compared to -47,971,858.28 CNY in Q1 2021, indicating a year-over-year improvement of about 35.7%[22]. - The net profit for Q1 2022 was -30,756,552.94 CNY, an improvement from -48,165,089.59 CNY in the same period last year, representing a reduction of approximately 36.5%[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,410,861,978.24, down 8.32% from the previous year-end[5]. - The equity attributable to shareholders decreased by 2.18% to ¥896,495,255.96 compared to the end of the previous year[5]. - The total assets as of March 31, 2022, were CNY 2,410,861,978.24, down from CNY 2,629,627,907.73 at the beginning of the year[19]. - The total liabilities decreased to CNY 1,457,602,818.43 from CNY 1,651,087,775.56 at the beginning of the year[19]. - Cash and cash equivalents at the end of the first quarter were CNY 439,179,815.47, down from CNY 691,517,634.83 at the beginning of the year, representing a decrease of approximately 36.4%[16]. - The accounts receivable balance decreased to CNY 403,547,031.48 from CNY 437,156,674.15, reflecting a decline of about 7.7%[16]. - The company reported a decrease in inventory from CNY 95,425,273.70 to CNY 88,011,562.43, a reduction of approximately 7.4%[17]. - The company’s long-term equity investments decreased slightly from CNY 100,866,702.04 to CNY 97,535,117.72[18]. Operating Costs and Revenue - The company's operating costs increased by 70.72% to ¥46,027,870.00, primarily due to increased media resource purchases for digital communication services[10]. - Cash received from sales of goods and services was ¥574,261,300.00, a 33.95% increase year-on-year, attributed to increased project collections[10]. - The total operating costs for the first quarter of 2022 amounted to CNY 624,939,940.62, up from CNY 439,264,422.72 in the previous period[20]. - Revenue from sales of goods and services received in Q1 2022 was 574,261,308.21 CNY, compared to 428,700,582.51 CNY in Q1 2021, marking a growth of approximately 34.1%[24]. - The total operating expenses for Q1 2022 were 772,789,460.67 CNY, compared to 633,246,076.60 CNY in Q1 2021, indicating an increase of about 22.1%[25]. Fair Value and Government Subsidies - The company reported a fair value change gain of ¥1,948,300.00, a significant increase of 1700.87% compared to the previous year[10]. - The company reported a fair value change gain of 1,948,286.20 CNY in Q1 2022, significantly higher than the gain of 108,186.11 CNY in the previous year[21]. - The company received government subsidies amounting to ¥809,489.43, contributing to its non-operating income[7]. Investment Activities - The company completed a share transfer that increased its stake in Beijing Jiuxi Yishi Technology Co., Ltd. from 10% to 51%, making it a subsidiary[14]. - The company’s investment activities generated a net cash outflow of -61,809,768.89 CNY in Q1 2022, compared to -49,095,471.01 CNY in Q1 2021, reflecting a worsening of approximately 25.8%[25]. Audit Information - The company did not conduct an audit for the Q1 2022 report[27].

Financial Performance - The company's operating revenue for 2021 was ¥2,708,605,612.09, a decrease of 4.00% compared to ¥2,821,408,719.24 in 2020[26]. - The net profit attributable to shareholders was -¥131,715,984.95 in 2021, compared to a profit of ¥71,626,575.82 in 2020[26]. - The net cash flow from operating activities was ¥202,118,789.53, an increase of 2.84% from ¥196,546,348.04 in 2020[26]. - The total assets at the end of 2021 were ¥2,627,825,741.48, a decrease of 1.47% from ¥2,667,022,974.11 at the end of 2020[26]. - The net assets attributable to shareholders decreased by 13.09% to ¥915,588,484.65 at the end of 2021 from ¥1,053,445,186.39 at the end of 2020[26]. - The company reported a basic earnings per share of -¥0.1853 in 2021, down from ¥0.1007 in 2020[26]. - The weighted average return on equity was -13.38% in 2021, a decline of 20.50% from 7.12% in 2020[26]. - The company reported a net loss attributable to shareholders of CNY -41,757,579.93 for the year 2021[70]. - The total cost of sales for 2021 was CNY 1,860,667,705.33, down 11.05% from the previous year[77]. - The company's R&D investment amounted to ¥269,986,918.74 in 2021, a decrease of 8.14% compared to ¥293,923,353.34 in 2020, representing 9.97% of operating revenue[85]. Business Strategy and Focus - The company plans to focus on core business areas and enhance technological innovation to mitigate risks from macroeconomic fluctuations and policy changes[6]. - The company is committed to deepening its presence in advantageous industries while exploring opportunities in emerging sectors[7]. - The company plans to focus on expanding its digital communication and e-government services in the upcoming year[70]. - The company aims to optimize and upgrade its products and solutions, particularly enhancing the capabilities of the Niwa platform for product development and delivery[111]. - The company is committed to becoming a leading management software supplier and big data service provider in China[111]. - The company will focus on expanding local markets by enhancing management software and deepening industry penetration in sectors such as finance, transportation, education, and energy manufacturing[112]. Risk Management - The company acknowledges potential risks from macroeconomic fluctuations and the impact of the ongoing COVID-19 pandemic on client demand[5]. - The company has established a customer credit rating system to strengthen accounts receivable recovery mechanisms and mitigate collection risks[8]. - The company reported a significant reliance on accounts receivable from its digital media agency business, which poses a risk of overdue collections[8]. - The company is actively monitoring the legal proceedings related to the Shanghai Yitong case, which may affect its financial position due to uncertainties in compensation recovery[11]. - The company has implemented a performance-based compensation policy to align employee goals with company objectives[147]. Product Development and Innovation - The company has launched the Nuwa platform, enhancing its product development foundation and supporting modular transformation of applications[40]. - The company is actively exploring next-generation financial intelligent platform products, with successful projects in intelligent review and plans for continuous innovation in data risk control and value empowerment[47]. - The company has obtained 47 new software copyrights and 7 invention patents during the reporting period, bringing the total to 1,060 software copyrights and 44 patents[63]. - The company completed 200 product adaptations for domestic innovation and transformation, ensuring compatibility across various platforms and systems[64]. - The company has invested approximately ¥4.19 million in the construction of the Niwa Government Affairs R&D Center, with a total actual investment of ¥134.14 million[102]. Governance and Compliance - The company maintains complete independence from its controlling shareholder, Beijing Jiuqi Technology Investment Co., Ltd., in terms of assets, personnel, finance, organization, and business operations[122]. - The company has established an independent product research and development, sales procurement, and technical service operation system[122]. - The company is focused on enhancing its internal controls and compliance following the regulatory scrutiny it faced[132]. - The company has committed to enhancing its governance structure and internal control systems moving forward[162]. - The company has implemented a remuneration management system for its directors and senior management, linking compensation to performance evaluations[134]. Employee and Talent Development - The total number of employees at the end of the reporting period was 2,476, with 1,318 in the parent company and 1,158 in major subsidiaries[146]. - Employee compensation totaled 643.33 million CNY, accounting for 24.19% of the company's total costs, indicating a sensitivity of profit to changes in employee compensation[147]. - The company is actively engaged in training programs to enhance the skills of management and technical staff, including partnerships with several universities for talent development[148]. - The company has established a comprehensive training plan aimed at improving operational efficiency and risk control[148]. Social Responsibility and Community Engagement - The company actively fulfills its corporate social responsibility, contributing to social development through various initiatives[166]. - The company engaged in charitable activities, including donations to universities and support for disaster relief efforts[167]. - The company has collaborated with the State Council's Poverty Alleviation Office on multiple projects, including the construction of a national poverty decision support system and a big data platform for Inner Mongolia[169]. - The company is focusing on digital construction to support rural revitalization efforts following the completion of national poverty alleviation goals[169]. Legal and Regulatory Matters - The company faced administrative regulatory measures from the China Securities Regulatory Commission due to inaccurate information disclosure, leading to a warning letter issued on January 8, 2022[193]. - The company has implemented a series of corrective measures, including revising internal control systems and enhancing management responsibilities following the Shanghai Yitong incident[196]. - The company established a special task force to address the Shanghai Yitong incident, ensuring compliance with judicial processes and maintaining communication with investors[196]. - The company is enhancing its internal control systems and has introduced a "red line" policy to emphasize legal compliance among management[197].

Financial Performance - The company's operating revenue for Q3 2021 was ¥715,177,774.70, representing a year-on-year increase of 15.63%[4] - The net profit attributable to shareholders was a loss of ¥28,885,754.76, with a year-to-date loss of ¥112,776,436.67[4] - Total operating revenue for Q3 2021 was CNY 1,604,991,886.59, a decrease of 14.8% compared to CNY 1,883,085,374.06 in Q3 2020[25] - Net loss for Q3 2021 was CNY 121,001,079.17, compared to a net loss of CNY 138,695,763.40 in Q3 2020, representing an improvement of 12.2%[26] - Basic and diluted earnings per share for Q3 2021 were both CNY -0.1586, an improvement from CNY -0.1808 in Q3 2020[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,469,474,230.94, a decrease of 7.41% compared to the end of the previous year[5] - The company's total liabilities decreased to CNY 1,461,403,996.69 as of September 30, 2021, down from CNY 1,542,847,413.68 at the end of 2020[24] - The total equity attributable to shareholders was CNY 955,199,113.77, a decline from CNY 1,053,445,186.39 at the end of 2020[24] - The company's long-term equity investments decreased to RMB 95,316,583.36 from RMB 123,989,249.34, a decline of approximately 23%[22] - The total assets increased from CNY 2,667,022,974.11 to CNY 2,720,653,623.59, reflecting an increase of CNY 53,630,649.48[35] Cash Flow - The cash flow from operating activities showed a net outflow of ¥209,207,335.51 year-to-date[4] - The cash inflow from operating activities for the current period is ¥1,682,268,401.12, a decrease from ¥2,282,304,224.32 in the previous period, representing a decline of approximately 26.3%[28] - The net cash outflow from operating activities is ¥209,207,335.51, compared to a net outflow of ¥195,089,457.71 in the previous period, indicating a worsening of about 7.4%[30] - The total cash outflow from operating activities is ¥1,891,475,736.63, down from ¥2,477,393,682.03 in the previous period, indicating a decrease of approximately 23.6%[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,657[14] - The top shareholder, Beijing Jiuqi Technology Investment Co., Ltd., held 13.69% of the shares, totaling 97,301,009 shares[14] - The company reported a total of 50,657 common shareholders at the end of the reporting period[15] Expenditures and Investments - The company reported a 72.19% increase in development expenditures, totaling ¥1,817.73 million, due to ongoing capitalized projects[9] - The investment cash outflow increased by 105.71% year-on-year, amounting to ¥52,025.00 million, primarily due to increased purchases of financial products[12] Legal and Compliance - The company is involved in an arbitration case with Etonenet (Hong Kong) Limited, with the hearing extended to November 30, 2021[18] - The report for the third quarter was not audited, which may affect the reliability of the financial data presented[37] - The company adopted new leasing standards starting in 2021, which may impact future financial reporting[36] Employee Compensation - The company paid ¥444,762,353.51 to employees, slightly increasing from ¥441,672,938.19 in the previous period, reflecting a growth of about 0.5%[30]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥889,814,111.90, a decrease of 29.64% compared to ¥1,264,601,697.05 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was a loss of ¥83,890,681.91, an improvement from a loss of ¥109,037,648.28 in the previous year[18]. - The net cash flow from operating activities was -¥239,833,629.37, compared to -¥170,786,959.26 in the same period last year[18]. - The total assets at the end of the reporting period were ¥2,498,143,869.09, a decrease of 6.33% from ¥2,667,022,974.11 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were ¥977,729,472.50, down 7.19% from ¥1,053,445,186.39 at the end of the previous year[18]. - The basic earnings per share were -¥0.1179, compared to -¥0.1533 in the same period last year[18]. - The weighted average return on net assets was -8.26%, an improvement from -11.66% in the previous year[18]. - The company reported a net loss attributable to shareholders was CNY 8,389.07 million, a reduction in loss of CNY 2,514.70 million compared to the same period last year[26]. - The net profit of the subsidiary Jiuxi Government Software was a loss of ¥15,762,530.87, which is an increase in loss of ¥7,071,500.00 year-on-year, mainly due to increased labor costs after the expiration of pandemic-related subsidies[78]. - The net profit after deducting non-recurring gains and losses was -86.12 million yuan, an improvement from -126.95 million yuan in the same period last year[157]. Revenue and Cost Analysis - The company's operating costs decreased by 39.47% to approximately ¥659.40 million from ¥1.09 billion year-on-year, primarily due to reduced costs in digital communication business[54]. - The digital marketing segment reported a revenue of 602.38 million, a decrease of 46.24% year-on-year, indicating a need for strategic adjustments[43]. - Revenue from the e-government sector increased by 126.09% to CNY 173,504,060.18, while internet business revenue decreased by 46.44% to CNY 602,612,418.16[57][58]. - The total operating costs for the first half of 2021 were CNY 994.29 million, down 29.3% from CNY 1,408.97 million in the first half of 2020[172]. Investment and Development - Research and development investment was approximately ¥135.88 million, a decrease of 4.63% compared to ¥142.48 million in the previous year[54]. - The company acquired 20 new software copyrights and 3 invention patents during the reporting period, bringing the total to 1,035 software copyrights and 40 patents[49]. - The company has built a comprehensive big data ecosystem, including cloud computing and big data technology platforms, to provide tailored solutions for clients[50]. - The company has initiated a comprehensive cloud transformation for its big data products, improving data analysis capabilities[31]. - The total investment cash outflow for the first half of 2021 was approximately ¥389.25 million, compared to ¥263.83 million in the same period of 2020, indicating increased investment activity[180]. Strategic Focus and Initiatives - The company is focusing on the development of the Nuwa platform, which integrates new technologies such as AI and cloud-native capabilities[28]. - The company has developed a new generation of asset management products based on the Nuwa platform, integrating various business processes[30]. - The company is actively involved in the integration of budget management systems, aligning with national policies for fiscal reform[33]. - The company has established a complete support system for project management within the Nuwa platform, enhancing development and deployment efficiency[28]. - The company aims to drive digital transformation in government, society, and enterprises through its innovative technology and talent strategy[47]. Cash Flow and Liquidity - The company's cash and cash equivalents dropped significantly from CNY 662,854,532.85 to CNY 320,737,160.08, a decline of about 51.60%[162]. - The company's cash flow from operating activities was significantly impacted by a 54.62% decrease in cash received from operating activities[58]. - The company reported a significant decrease in investment income, with a loss of approximately ¥4.76 million from joint ventures in the first half of 2021, compared to a gain of ¥0.99 million in the same period of 2020[176]. - The company experienced a net decrease in cash and cash equivalents of -129,310,849.11 CNY during the first half of 2021, compared to -28,501,819.56 CNY in the same period of 2020[183]. Shareholder and Equity Information - The total number of shares increased to 711,259,411 due to the conversion of convertible bonds, with a decrease of 2,086,509 shares in restricted shares[129]. - The total number of shareholders at the end of the reporting period was 57,134[135]. - The largest shareholder, Beijing Jiuxi Technology Investment Co., Ltd., holds 13.68% of the total shares, amounting to 97,301,009 shares[136]. - The company has a total of 712,380 shares under the restricted stock incentive plan[133]. - The total equity attributable to the parent company is 1,038,018,393.95 CNY, with a significant increase in capital reserves to 287,091,061.36 CNY[196]. Legal and Compliance Matters - The company is involved in significant litigation, with a claim for 30,410.88 million yuan related to a breach of contract from a share acquisition agreement[108]. - The company has resolved non-major litigation cases amounting to 3,942.05 million yuan, with settlements or victories totaling 3,437.54 million yuan[109]. - There were no violations regarding external guarantees during the reporting period[104]. - The semi-annual financial report has not been audited[105]. Corporate Social Responsibility - The company has organized volunteer activities at charitable institutions, emphasizing a corporate culture that respects and nurtures talent, aiming for mutual growth between employees and the company[99]. - The company is focusing on rural revitalization, providing operational support services to the Rural Revitalization Administration, and has developed a grid-based service management system in Chengmai County, Hainan Province[99].

Financial Performance - The company's operating revenue for Q1 2021 was ¥379,126,680.69, representing a decrease of 23.59% compared to ¥496,146,140.14 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥41,757,579.93, an improvement from a loss of ¥70,709,747.99 in the previous year[8]. - The net cash flow from operating activities was negative at ¥197,232,737.31, compared to a negative cash flow of ¥159,467,252.59 in the same period last year[8]. - The basic earnings per share were -¥0.0587, an improvement from -¥0.0994 in the same period last year[8]. - The weighted average return on net assets was -4.04%, an improvement of 3.36% from -7.40% in the previous year[8]. - The net profit for Q1 2021 was -13,182,976.43 CNY, an improvement from -52,372,528.69 CNY in the same period last year, representing a reduction of approximately 74.8%[44]. - Operating profit for Q1 2021 was -13,139,806.63 CNY, compared to -50,258,537.17 CNY in Q1 2020, indicating a significant decrease in losses by about 73.8%[44]. - The total comprehensive income for Q1 2021 was -13,182,976.43 CNY, compared to -52,372,528.69 CNY in the same period last year, indicating a significant reduction in losses[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,486,073,619.35, down 6.78% from ¥2,667,022,974.11 at the end of the previous year[8]. - The total liabilities of the company decreased to CNY 1,406,526,141.84 from CNY 1,542,847,413.68, a reduction of approximately 8.86%[32][33]. - The company's total assets decreased to CNY 2,720,849,079.08 from CNY 2,732,332,863.02 at the end of 2020[37]. - The company's long-term equity investments decreased to CNY 1,843,366,672.64 from CNY 1,849,319,739.83 at the end of 2020[36]. - The total non-current assets increased to CNY 2,111,768,760.12 as of March 31, 2021, compared to CNY 2,068,041,346.16 at the end of 2020[36]. - The company's current assets decreased to CNY 1,342,576,030.50 from CNY 1,567,393,030.47, reflecting a reduction of about 14.36%[30][31]. - The company's equity attributable to shareholders decreased to CNY 1,014,831,164.91 from CNY 1,053,445,186.39, reflecting a decline of about 3.67%[33]. Cash Flow - Cash received from sales decreased by 39.92% year-on-year to ¥428.70 million, primarily due to a decline in digital communication business revenue[15]. - Cash paid for purchasing goods and services decreased by 41.60% year-on-year to ¥381.84 million, attributed to a reduction in media resource procurement[15]. - The company's cash and cash equivalents decreased by 38.44% year-on-year to ¥408.07 million, primarily due to investments in financial products and payments for prior purchases[15]. - Investment cash outflows decreased by 41.29% year-on-year to ¥300.00 million, mainly due to reduced financial product purchases[15]. - The net cash flow from operating activities for Q1 2021 was -197,232,737.31 CNY, worsening from -159,467,252.59 CNY in the previous year[48]. - Cash and cash equivalents at the end of Q1 2021 stood at 390,184,586.27 CNY, down from 717,303,576.34 CNY at the end of Q1 2020, a decrease of about 45.6%[48]. - The company reported a decrease in financial expenses to 8,665,651.32 CNY in Q1 2021 from 12,076,166.49 CNY in the previous year[44]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,269[11]. - The largest shareholder, Beijing Jiuxi Technology Investment Co., Ltd., held 13.68% of the shares, totaling 97,301,009 shares[11]. Legal and Compliance - The company is actively pursuing legal avenues to protect its rights regarding ongoing litigation involving Shanghai Yitong[19]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[25]. - There were no instances of non-compliance regarding external guarantees during the reporting period[24]. - The company did not engage in any research, communication, or interview activities during the reporting period[26]. - The company has not reported any expected impairment of principal or other potential impairment situations related to entrusted financial management[24]. Other Financial Metrics - The company reported non-operating income of ¥1,096,029.11, primarily from investment management gains and government subsidies[9]. - The company reported a 61.33% increase in taxes and surcharges to ¥1.65 million, primarily due to increased additional tax on share business[15]. - The company’s receivables increased by 456.12% year-on-year to ¥17.80 million, driven by an increase in bill settlements in the digital communication business[15]. - The company’s investment income decreased by 44.70% year-on-year to ¥2.60 million, primarily due to the disposal of equity in a subsidiary[15]. - The subsidiary Huaxia Diantong was officially listed on the New Third Board on April 23, 2021[16].

Financial Performance - The company's operating revenue for 2020 was ¥2,821,408,719.24, a decrease of 9.04% compared to ¥3,101,650,196.18 in 2019[24]. - The net profit attributable to shareholders for 2020 was ¥71,626,575.82, representing a 37.05% increase from ¥52,264,905.34 in 2019[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥206,488,912.47, with no comparison available for 2019 due to negative values[24]. - The net cash flow from operating activities increased by 16.98% to ¥196,546,348.04 in 2020 from ¥168,011,622.15 in 2019[24]. - The basic earnings per share for 2020 was ¥0.1007, up 37.01% from ¥0.0735 in 2019[24]. - The company's total assets at the end of 2020 were ¥2,667,022,974.11, a decrease of 12.16% from ¥3,036,280,249.02 at the end of 2019[24]. - The net assets attributable to shareholders at the end of 2020 were ¥1,053,445,186.39, down 9.37% from ¥1,162,415,452.99 at the end of 2019[24]. - The company reported a significant increase in government subsidies, with amounts of ¥16,106,464.66 in 2020 compared to ¥5,871,818.75 in 2019[30]. - The total operating revenue for the company was 2,821,408,719.24 yuan, a decline of 9.04% compared to 3,101,650,196.18 yuan in the previous year[71]. - The company's electronic government business revenue was 503,920,885.43 yuan, down 27.80% from the previous year, while maintaining a gross margin of 81.29%[75]. Business Strategy and Development - The company plans to strengthen its technology research and development capabilities and increase R&D investment to enhance core competitiveness[7]. - The company aims to deepen its market presence and enhance technological innovation to mitigate risks from macroeconomic fluctuations and policy changes[6]. - The company emphasizes the importance of adapting to rapid technological changes and market demands to maintain its competitive edge[7]. - The company is focusing on integrating emerging technologies such as cloud computing, big data, and artificial intelligence with the real economy to enhance data governance for government and enterprise clients[37]. - The company is focusing its development strategy more on core management software business[105]. - The company plans to use self-funded or self-raised funds for future investments in projects that have changed their fundraising purposes[110]. - The company is exploring new business growth points in online insurance, online education, and gaming sectors due to changing market demands[67]. - The company aims to focus on industry-specific solutions to create differentiated advantages and expand its market presence in sectors such as finance, transportation, and education[127]. Risk Management - The company reported a significant risk related to accounts receivable due to the large scale of its media resource costs, which could impact cash flow if not managed properly[8]. - The company has established a customer credit rating system to improve the collection of accounts receivable and mitigate financial risks[8]. - The company is actively monitoring the legal proceedings related to the Shanghai Yitong case, which may affect its financial position depending on the outcome[10]. - The company is committed to enhancing post-merger management to reduce the risk of goodwill impairment[10]. Research and Development - The company launched the "Nüwa Platform," a next-generation technology platform aimed at facilitating the digital and intelligent transformation of government departments and large enterprises[42]. - The company obtained 149 new software copyrights and 5 invention patents during the reporting period, bringing the total to 1,015 software copyrights and 37 patents[43]. - Research and development expenses totaled CNY 293,923,353.34 in 2020, accounting for 10.42% of operating revenue, a decrease of 15% from the previous year[86]. - The company has invested significantly in R&D for the next-generation group management platform, leveraging new technologies such as SaaS and big data[104]. Corporate Governance and Compliance - The company has committed to avoiding or minimizing related party transactions and ensuring fair market practices in any unavoidable transactions[138]. - The company has established a commitment to avoid any actions that could damage the interests of its subsidiaries and minority shareholders[142]. - The company will independently conduct transactions with third parties through its subsidiaries, ensuring transparency and compliance with regulations[141]. - The company has outlined specific measures to ensure compliance with legal and regulatory requirements in related party transactions[142]. Shareholder and Equity Management - The company has not declared any cash dividends or stock bonuses for the year[11]. - The company did not distribute cash dividends for the years 2018, 2019, and 2020 due to negative profits available for distribution to ordinary shareholders[134][135][136]. - The cash dividend payout ratio for 2020 was 0.00%, while the repurchase amount represented 16.89% of the net profit attributable to ordinary shareholders[136]. - The company repurchased a total of 8,294,433 shares, representing 1.1662% of the total share capital, with a total transaction amount of RMB 60,092,542.04[193]. Market and Operational Challenges - The company achieved a revenue of 762.74 million yuan in the management software business, a year-on-year decrease of 23.94% due to project delays caused by the pandemic[53]. - The company's digital marketing business generated revenue of 204,687.23 million yuan, a decrease of 1.24% year-on-year, indicating ongoing pressure and challenges in performance growth[66]. - The company continues to deepen cooperation with major state-owned construction enterprises, enhancing its market expansion efforts[62]. - The company has made breakthroughs in its smart financial solutions, enhancing capabilities in RPA, voice recognition, OCR, and deep machine learning[50]. Future Outlook - The future outlook emphasizes the integration of big data, cloud computing, and AI technologies to support digital transformation and improve government service efficiency[124]. - The company has set performance guidance for the next fiscal year, projecting a revenue increase of approximately 15%[200]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[200]. - The annual report outlines a strategic focus on enhancing customer engagement through digital platforms, aiming for a 25% increase in user interaction[200].

北京久其软件股份有限公司 2020 年第三季度报告全文 2020 年第三季度报告 2020 年 10 月 1 北京久其软件股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人赵福君、主管会计工作负责人邱安超及会计机构负责人(会计主 管人员)丁丹声明：保证季度报告中财务报表的真实、准确、完整。 2 北京久其软件股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 非经常性损益项目和金额 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | 8,561,718.80 | 主要系转让无形资产及子公司 | | | | 股权产生的收益所致 | | 计入当期损益的政府补助（与企业业务密切相关，按 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥1,264,601,697.05, representing a 15.01% increase compared to ¥1,099,597,120.74 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was -¥109,037,648.28, compared to -¥83,078,653.20 in the previous year[16]. - The net cash flow from operating activities was -¥170,786,959.26, an improvement from -¥279,052,823.60 in the same period last year[16]. - Total assets at the end of the reporting period were ¥2,594,370,840.13, a decrease of 14.55% from ¥3,036,280,249.02 at the end of the previous year[16]. - The net assets attributable to shareholders of the listed company decreased by 24.13% to ¥881,872,395.61 from ¥1,162,415,452.99 at the end of the previous year[16]. - The basic and diluted earnings per share were both -¥0.1533, compared to -¥0.1168 in the same period last year[16]. - The company reported a net loss of CNY 258,536,555.69 for the period, compared to a profit of CNY 14,922,706.30 in the previous period[185]. - The net loss for the first half of 2020 was ¥118,326,140.86, compared to a net loss of ¥90,486,871.49 in the first half of 2019, indicating a worsening of approximately 31%[192]. Revenue Breakdown - The management software business generated revenue of 13,569.05 million CNY, a decline of 45.05% year-on-year, while the digital communication business saw revenue of 112,058.68 million CNY, an increase of 33.24%[38]. - The electronic government business generated revenue of 7,674.00 million CNY, down 57.42% year-on-year due to project delays caused by the pandemic[39]. - The digital marketing business achieved revenue of ¥112,058.68 million, with a year-on-year growth of 33.24%[52]. - The domestic marketing segment reported revenue of ¥21,552.08 million, reflecting a year-on-year increase of 31.36%[53]. - The overseas marketing segment saw revenue of ¥90,506.60 million, with a significant year-on-year growth of 83.10%[54]. Operational Developments - The company operates primarily in management software and digital communication, leveraging cloud computing and big data technologies[24]. - The company launched the "Nüwa Platform" (V1.0 preview version) to support digital transformation for government and enterprise clients, integrating advanced technologies such as cloud computing and big data[28]. - The company completed several key projects, including the comprehensive data management platform for the Sichuan Provincial Bureau of Statistics and the performance evaluation system for the Shaanxi Provincial Petition Bureau[48]. - The company is focusing on expanding its digital transformation services for large enterprises, particularly through its Nuwa platform[49]. - The company plans to launch the "Smart Marketer" platform in the second half of the year, aimed at providing a one-stop digital marketing SaaS solution for small and medium-sized enterprises[55]. Investment and Funding - The total amount of raised funds was RMB 780 million, with a net amount of RMB 764.92 million after deducting issuance costs[78]. - The company has changed the use of raised funds totaling RMB 402.50 million, accounting for 51.60% of the total raised funds[78]. - The company reported a total investment of RMB 127.37 million in the "Jiuqi Government Affairs R&D Center" project, with a return on investment of 40.67%[72]. - The company has returned CNY 16,515.37 million of previously used funds to its dedicated account for raised funds[82]. - The company plans to use self-owned funds for the continued development of the next-generation group control platform and the government-enterprise big data platform[82]. Risk Management - The company faces risks from macroeconomic fluctuations and policy changes, particularly due to the impact of the COVID-19 pandemic on client demand, which could affect operational performance[99]. - The company plans to strengthen its risk management measures regarding accounts receivable and may consider divesting from underperforming business segments to mitigate financial risks[102]. - The company has reported a significant amount of overdue accounts receivable related to its factoring business, totaling 110.60 million yuan, with provisions for bad debts amounting to 71.40 million yuan[103]. Legal and Compliance Issues - The criminal case against Shanghai Yitong's original shareholders for suspected contract fraud has entered the prosecution stage, creating uncertainty regarding compensation outcomes[106]. - The company is actively cooperating with ongoing criminal cases and civil arbitration while ensuring normal business operations[117]. - The board of directors emphasizes the complexity and uncertainty of the ongoing legal matters, advising investors to assess risks carefully[119]. Shareholder and Equity Information - The company has implemented an employee stock incentive plan, granting a total of 7,070,800 restricted shares at a price of 6.1 RMB per share[124]. - The total number of ordinary shareholders at the end of the reporting period is 69,136[158]. - The company’s controlling shareholder, Jiuxi Technology, holds 97,301,009 shares, accounting for 13.68% of the total share capital after the completion of the bond conversion[152]. - The company’s actual controller, Dong Taixiang, reduced her holdings by 12,060,000 shares, representing 1.70% of the total share capital[153]. Research and Development - The company obtained 65 new software copyrights and 2 invention patents during the reporting period, bringing the total to 974 software copyrights and 31 patents[34]. - The company emphasizes talent management and has established a performance evaluation mechanism to enhance operational efficiency and team stability[29]. - The software and information technology service industry is characterized by rapid technological innovation and intense competition, necessitating continuous investment in R&D to maintain competitive advantage[100].

北京久其软件股份有限公司 2020 年第一季度报告全文 2020 年 04 月 2020 年第一季度报告 1 北京久其软件股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人赵福君、主管会计工作负责人邱安超及会计机构负责人(会计主 管人员)丁丹声明：保证季度报告中财务报表的真实、准确、完整。 2 北京久其软件股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 496,146,140.14 | 522,758,320.57 | -5.09% | | 归属于上市公司股东的净利润（元） | -70,709,747.99 | -59,221,556.61 | -- ...