Revenue and Profitability - Revenue for Q3 2022 reached ¥381,522,529.55, an increase of 9.63% year-over-year[5] - Net profit attributable to shareholders was ¥96,072,289.82, up 48.76% compared to the same period last year[5] - Basic earnings per share increased by 48.57% to ¥0.3120[5] - The net profit for Q3 2022 was approximately ¥257.25 million, compared to ¥206.55 million in Q3 2021, showing a growth of about 24.5%[33] - The net profit for the current period is $235.40 million, an increase from $192.01 million in the previous period, representing a growth of approximately 22.6%[37] - Basic earnings per share increased to $0.7775 from $0.6300, reflecting a growth of approximately 23.4%[37] Assets and Liabilities - Total assets decreased by 3.08% to ¥3,298,466,892.19 compared to the end of the previous year[5] - Total assets as of September 30, 2022, amounted to approximately ¥3,298.47 million, down from ¥3,403.33 million at the start of the year, indicating a decrease of about 3.1%[28] - The company’s total liabilities decreased to approximately ¥1,156.02 million from ¥1,290.46 million, reflecting a reduction of about 10.4%[31] - The equity attributable to shareholders increased to approximately ¥2,128.08 million from ¥2,094.18 million, representing a growth of about 1.6%[31] Cash Flow and Financial Activities - Cash flow from operating activities decreased by 31.44% to ¥142,048,010.77[13] - The net cash flow from operating activities is $142.05 million, down from $207.18 million in the previous period, indicating a decrease of about 31.5%[40] - Cash and cash equivalents as of September 30, 2022, were approximately ¥1,499.48 million, a decrease from ¥1,545.58 million at the beginning of the year, representing a decline of about 3.0%[28] - Cash and cash equivalents at the end of the period stand at $1.18 billion, up from $857.45 million in the previous period, marking an increase of about 37.5%[42] - Cash outflow from financing activities was $259.65 million, compared to $163.05 million in the previous period, indicating an increase of approximately 59.3%[42] - The company reported cash inflow from investment activities of $1.04 billion, down from $1.09 billion in the previous period[40] - The company distributed dividends and interest payments totaling $248.71 million, up from $154.55 million in the previous period, representing an increase of about 60.9%[42] Operating Performance - Total operating revenue for Q3 2022 was approximately ¥1,112.14 million, an increase from ¥1,087.83 million in Q3 2021, representing a growth of about 2.4%[33] - Operating income for Q3 2022 reached approximately ¥1,103.43 million, compared to ¥1,070.33 million in the same period last year, indicating a year-over-year increase of about 3.1%[33] - Total operating costs decreased to approximately ¥872.14 million in Q3 2022 from ¥928.56 million in Q3 2021, reflecting a reduction of about 6.1%[33] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,027, with the largest shareholder holding 47.82%[14] - The largest shareholder, Shen Jinhua, holds 147,247,358 shares, with 12,300,000 shares pledged[14] - The company has a total of 1,191,715 stock options available for exercise at a price of 13.75 RMB per share[21] - As of September 30, 2022, the total number of stock options granted under the 2020 stock option incentive plan is 9,977,315, accounting for 3.2404% of the company's total share capital[23] - The number of premium members on Made-in-China.com has increased by 1,477 to approximately 24,400 as of the end of the reporting period[25] Expenses and Other Income - Accounts receivable rose by 74.89% to ¥61,019,204.24, primarily due to increased subsidies for cloud exhibitions[8] - Financial expenses increased by 192.62% to -¥25,330,430.88, mainly due to higher interest income[12] - Other income rose by 35.51% to ¥9,682,785.63, attributed to increased government subsidies[12] - The company reported a 50.20% increase in income tax expenses to ¥21,847,095.60 due to higher profits[12] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[33]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥721.90 million, a slight decrease of 0.06% compared to the same period last year[28]. - Net profit attributable to shareholders was approximately ¥142.65 million, representing an increase of 11.40% year-over-year[28]. - The basic earnings per share increased by 11.90% to ¥0.47 compared to ¥0.42 in the previous year[28]. - The company achieved total operating revenue of 727 million yuan, a decrease of 0.98% year-on-year, primarily due to the adjustment of business structure and the elimination of low-margin insurance business[39]. - Operating profit and total profit were 157 million yuan and 156 million yuan, respectively, representing year-on-year growth of 11.01% and 10.45%[39]. - Net profit attributable to shareholders was 143 million yuan, an increase of 11.40% year-on-year, while net profit excluding non-recurring gains and losses was 136 million yuan, up 41.19% year-on-year, driven by growth in the China Manufacturing Network business[39]. - The B2B segment generated ¥591.04 million, accounting for 81.87% of total revenue, reflecting a growth of 9.27% year-on-year[61]. - The insurance segment saw a significant decline in revenue, dropping 44.42% to ¥59.35 million, which constituted 8.23% of total revenue[61]. Cash Flow and Assets - The net cash flow from operating activities decreased by 43.80% to approximately ¥101.12 million from ¥179.93 million in the same period last year[28]. - Total assets at the end of the reporting period were approximately ¥3.25 billion, down 4.40% from the previous year[28]. - The net cash generated from operating activities decreased by 43.80% to ¥101.12 million, primarily due to an increase in net loan disbursements[60]. - The company achieved a net increase in cash and cash equivalents of ¥126.18 million, a turnaround from a net decrease of ¥181.39 million in the previous year[60]. - Total assets at the end of the reporting period were ¥3.25 billion, with cash and cash equivalents at ¥1.38 billion, representing 42.50% of total assets[70]. Investments and Projects - The company has committed to an investment project for upgrading the China Manufacturing Network e-commerce platform, with a total investment commitment of ¥7,817.9 million, of which ¥9,550.24 million has been invested to date, achieving 69.04% of the investment progress[83]. - The company reported a total investment of ¥6,365,300.00 for the current period, a decrease of 1.47% compared to ¥6,460,100.00 in the same period last year[78]. - The company has established several overseas entities, including DOBA, INC. in the USA, with an investment of ¥14.02 million, focusing on drop shipping services[74]. - The company plans to continue expanding its market presence through strategic acquisitions and new product developments[74]. - The company has decided to terminate the "China Manufacturing Network Sales Channel" project to improve capital efficiency and ensure the smooth progress of other fundraising projects[86]. Risk Management - The company has not disclosed any significant risks that could adversely affect its operations or financial status[6]. - The company faces risks from the uncertainty of the global business environment due to the ongoing COVID-19 pandemic, which may impact its future operating performance[98]. - The company is addressing macroeconomic volatility risks by optimizing its product layout and enhancing innovation capabilities to improve profitability[102]. - The company has established a risk management system to ensure the safety of funds and transaction information in its online trading platform[104]. Shareholder Information - Basic earnings per share (EPS) is reported at 0.47 RMB, with diluted EPS also at 0.47 RMB, and net assets per share attributable to ordinary shareholders at 6.60 RMB[176]. - Major shareholder Shen Jinhua holds 48.87% of shares, totaling 150,247,358, with 16,500,000 shares pledged[180]. - The total number of ordinary shareholders at the end of the reporting period is 27,120[177]. - The total number of shares increased to 307,445,440 after the issuance of 1,401,360 new shares due to stock option incentives[173]. Corporate Social Responsibility - The company donated 4.8 million CNY to establish the "Focus Technology Scholarship" to support 120 economically disadvantaged undergraduate students[121]. - The company was recognized as a "Healthy Enterprise" in Jiangsu Province and Nanjing City in 2022, promoting employee health through the "A Plan" initiative[122]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[128]. Compliance and Governance - The company has not faced any administrative penalties due to environmental issues during the reporting period and complies with various environmental protection laws[120]. - The company has established a procurement committee to evaluate suppliers based on integrity, quality, service, price, and delivery capabilities, ensuring compliance with development requirements[127]. - There were no significant litigation or arbitration matters during the reporting period[137].

Financial Performance - The company's operating revenue for 2021 was CNY 1,454,160,425.13, representing a 28.72% increase compared to CNY 1,129,744,169.15 in 2020[26] - The net profit attributable to shareholders for 2021 was CNY 245,025,889.35, up 41.33% from CNY 173,377,334.13 in 2020[26] - The net profit after deducting non-recurring gains and losses was CNY 202,975,505.72, a 36.80% increase from CNY 148,375,918.31 in 2020[26] - The basic earnings per share for 2021 was CNY 0.8, reflecting a 40.35% increase from CNY 0.57 in 2020[26] - The weighted average return on net assets for 2021 was 11.64%, an increase of 3.21% compared to 8.43% in 2020[26] - The total revenue for the reporting period reached 1.475 billion yuan, representing a year-on-year growth of 27.30%[39] - The net profit attributable to shareholders of the listed company was 245 million yuan, an increase of 41.33% compared to the previous year[39] - The net profit after deducting non-recurring gains and losses was 203 million yuan, reflecting a growth of 36.80% year-on-year[39] - The operating profit and total profit for the period were 275 million yuan and 274 million yuan, respectively, both showing an increase of over 42% year-on-year[39] Cash Flow and Assets - The net cash flow from operating activities for 2021 was CNY 516,353,037.38, a decrease of 4.35% from CNY 539,857,104.43 in 2020[26] - The total assets at the end of 2021 were CNY 3,403,327,303.94, a decrease of 1.35% from CNY 3,449,742,333.62 at the end of 2020[27] - The net assets attributable to shareholders at the end of 2021 were CNY 2,094,175,923.69, down 4.73% from CNY 2,198,088,296.57 at the end of 2020[27] - The company reported a net decrease in cash and cash equivalents of ¥77,041,372.66, a decline of 143.15% from an increase of ¥178,524,924.44 in the previous year[57] - The company's cash flow from financing activities saw a significant increase of 587.83%, rising from ¥1,491,000.00 in 2020 to ¥10,255,590.50 in 2021[79] Investments and R&D - Research and development expenses amounted to ¥175,304,892.40, which is an increase of 28.87% from ¥136,034,064.63 in the previous year[57] - R&D investment increased by 28.87% from ¥136,034,064.63 in 2020 to ¥175,304,892.40 in 2021, representing 12.06% of operating revenue[76] - The company is currently developing several new technologies, including a distributed database platform and an intelligent recommendation system, aimed at enhancing product performance and market competitiveness[75] - The company has established a knowledge management system to enhance employee training and communication efficiency, supporting talent development[53] Business Strategy and Market Position - The company continues to focus on integrating traditional industries with the internet, operating platforms such as Made-in-China.com and Doba.com[24] - The cross-border B2B e-commerce market is expected to grow further due to favorable government policies supporting digital transformation and international trade[36] - The company aims to continue supporting small and medium-sized enterprises in their international trade efforts despite uncertainties in the external environment[43] - The company aims to build a cross-border export ecosystem to empower small and medium-sized enterprises, focusing on logistics, transaction payments, and marketing promotion[115] - The company plans to strengthen its cross-border logistics capabilities, including domestic and overseas warehouses, to meet the distribution needs of cross-border sellers[115] Governance and Compliance - The company adheres to legal and regulatory requirements in its governance structure, ensuring equal rights for all shareholders, especially minority shareholders[133] - The board of directors consists of 9 members, including 3 independent directors, and has held 8 meetings during the reporting period to ensure compliance and effective decision-making[135] - The supervisory board, comprising 3 members, has conducted 6 meetings to oversee the company's financial decisions and management actions[137] - The company has established a complete and independent business system, ensuring operational independence from controlling shareholders and actual controllers[140] Employee and Talent Management - The total number of employees at the end of the reporting period was 2,363, with 1,042 in sales and 1,009 in technical roles[185] - The company has implemented a talent development program called "Project 50," focusing on nurturing key talents for future growth[190] - The company has established a comprehensive training system to enhance employee skills and satisfaction[190] - The company has a dedicated human resources department that enforces strict labor contracts and management systems for employees[142] Future Outlook - Future guidance indicates a positive outlook for continued growth, driven by strategic initiatives and market expansion efforts[156] - The company is exploring potential mergers and acquisitions to further strengthen its market position and expand its product portfolio[156] - The company aims to improve user experience and satisfaction through various technological advancements and product enhancements[74]

Financial Performance - The company's revenue for Q1 2022 was CNY 345,354,597.92, representing a 6.35% increase compared to CNY 324,737,130.23 in the same period last year[5] - Net profit attributable to shareholders for Q1 2022 was CNY 40,559,603.32, a significant increase of 108.09% from CNY 19,491,415.31 year-over-year[5] - The net profit after deducting non-recurring gains and losses was CNY 35,790,594.69, up 104.32% from CNY 17,516,656.79 in the previous year[5] - The basic earnings per share for Q1 2022 was CNY 0.13, an increase of 116.67% compared to CNY 0.06 in the same quarter last year[5] - Total operating revenue for Q1 2022 was CNY 347,858,705.54, an increase of 5.5% compared to CNY 330,712,508.40 in Q1 2021[28] - Net profit for Q1 2022 reached CNY 38,206,160.59, up 104.0% from CNY 18,708,196.61 in the same period last year[29] - Earnings per share (EPS) for Q1 2022 was CNY 0.13, compared to CNY 0.06 in Q1 2021[32] Assets and Liabilities - The company's total assets at the end of Q1 2022 were CNY 3,352,474,927.30, a decrease of 1.49% from CNY 3,403,327,303.94 at the end of the previous year[6] - The equity attributable to shareholders increased by 2.57% to CNY 2,147,907,109.27 from CNY 2,094,175,923.69 at the end of the previous year[6] - The company's current liabilities totaled RMB 984,094,688.82 as of March 31, 2022, down from RMB 1,084,748,068.13 at the beginning of the year[24] - The company reported a decrease in accounts payable from RMB 149,340,054.82 to RMB 124,826,640.81 during the same period[24] - The non-current assets of the company totaled RMB 1,292,734,171.11 as of March 31, 2022, a decrease from RMB 1,304,971,605.49 at the beginning of the year[24] Cash Flow - The net cash flow from operating activities was CNY -7,339,212.90, an improvement of 20.85% compared to CNY -9,272,570.71 in the same period last year[5] - Cash flow from operating activities was CNY 278,066,840.72, down from CNY 305,258,249.54 in Q1 2021[33] - The total cash outflow from operating activities was 317,644,312.56, compared to 383,360,505.88 in the same period last year, marking a decrease of approximately 17.2%[34] - The net cash flow from financing activities was CNY 10,207,340.84, attributed to cash received from employee stock options exercised during the period[11] - Cash flow from financing activities showed a net increase of 10,207,340.84, with cash inflow totaling 13,706,631.55[35] - The ending balance of cash and cash equivalents was 904,654,191.40, down from 970,533,809.80 at the end of Q1 2021, reflecting a decrease of about 6.8%[35] Expenses - Operating costs decreased to CNY 305,950,084.91 in Q1 2022 from CNY 313,104,718.51 in Q1 2021, reflecting a reduction of 2.4%[28] - Research and development expenses increased to CNY 59,516,437.16, up 9.8% from CNY 54,191,436.35 in the previous year[28] - The company reported a decrease in sales expenses to CNY 145,722,150.91 from CNY 149,946,372.17 in Q1 2021, a reduction of 2.5%[28] - The cash paid to employees was 204,122,755.25, slightly up from 201,148,330.76 in Q1 2021, indicating a 1.5% increase[34] - The cash paid for taxes was 30,688,975.98, which increased from 25,297,126.25 in the previous year, representing a rise of approximately 21.5%[34] Stock Options and Dividends - The company implemented a stock option incentive plan in 2020, granting 12,491,100 options to 1,100 participants, representing 4.09% of the total share capital at the time, with an exercise price of RMB 15.05 per share[15] - The company adjusted the exercise price of the stock option plan to RMB 14.55 per share after the 2021 dividend distribution, and further adjusted it to RMB 13.75 per share after the 2022 dividend distribution[18] - The company distributed cash dividends of RMB 5.00 per 10 shares, totaling RMB 152,750,000, based on a total share capital of 305,500,000 as of December 31, 2020[17] - The company granted 2,669,400 stock options to 493 participants from the reserved portion of the stock option plan, representing 0.87% of the total share capital at the time[19] Membership and Growth - The number of members on Made-in-China.com increased by 795 to 22,567 as of the end of the reporting period[21]

Financial Performance - The company's operating revenue for 2021 was CNY 1,454,160,425.13, representing a 28.72% increase compared to CNY 1,129,744,169.15 in 2020[26] - The net profit attributable to shareholders for 2021 was CNY 245,025,889.35, up 41.33% from CNY 173,377,334.13 in 2020[26] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 202,975,505.72, a 36.80% increase from CNY 148,375,918.31 in 2020[26] - The basic earnings per share for 2021 was CNY 0.8, reflecting a 40.35% increase from CNY 0.57 in 2020[26] - The diluted earnings per share for 2021 was also CNY 0.8, consistent with the basic earnings per share[26] - The net cash flow from operating activities was CNY 516,353,037.38, a decrease of 4.35% compared to CNY 539,857,104.43 in 2020[26] - The weighted average return on equity for 2021 was 11.64%, an increase of 3.21% from 8.43% in 2020[26] - The total revenue for the company in 2021 was 1.475 billion yuan, representing a year-on-year growth of 27.30%[39] - Operating profit and total profit were 275 million yuan and 274 million yuan, respectively, representing year-on-year growth of 42.74% and 42.90%[39] - Net profit attributable to shareholders was 245 million yuan, up 41.33% year-on-year, while net profit excluding non-recurring gains and losses was 203 million yuan, an increase of 36.80%[39] Cash Flow and Investments - The net cash flow from operating activities was ¥516,353,037.38, showing a decrease of 4.35% from ¥539,857,104.43[57] - The net cash flow from investment activities was -¥430,288,314.57 in 2021, a significant decrease of 148.46% compared to -¥173,185,037.10 in 2020[79] - Cash and cash equivalents decreased by 143.15% in 2021, resulting in a net decrease of -¥77,041,372.66 compared to an increase of ¥178,524,924.44 in 2020[79] - The total amount of monetary funds increased from ¥1,156,937,880.84 at the beginning of 2021 to ¥1,545,578,642.47 at the end of 2021, representing a 12.37% increase in total assets proportion[82] - The total investment amount for the reporting period was RMB 21,056,820, a decrease of 36.82% compared to RMB 33,330,912 in the same period last year[88] Business Operations and Strategy - The company continues to focus on integrating traditional industries with the internet, operating platforms such as Made-in-China.com and Doba.com[24] - The company has not experienced any significant changes in its main business since its listing, maintaining its commitment to e-commerce across various sectors[24] - The company aims to help Chinese manufacturing enterprises expand overseas trade markets through digital transformation[38] - The company continues to promote digital transformation for traditional foreign trade enterprises, contributing to stable revenue growth[39] - The company aims to build a cross-border export ecosystem to empower small and medium-sized enterprises, focusing on logistics, transaction payments, and marketing promotion[115] - The company plans to strengthen its cross-border logistics capabilities, including domestic and overseas warehouses, to meet the distribution needs of cross-border sellers[115] Research and Development - Research and development investment amounted to ¥175,304,892.40, reflecting a significant increase of 28.87% compared to the previous year[57] - R&D investment increased by 28.87% from ¥136,034,064.63 in 2020 to ¥175,304,892.40 in 2021, accounting for 12.06% of operating revenue[76] - The company is currently developing a smart recommendation system based on deep learning to enhance the recommendation capabilities of its platforms[75] - The company has completed the development of an e-commerce data visualization system to improve internal office efficiency[75] - The company has established a strong technical foundation and R&D capabilities, ensuring rapid deployment of business plans and improved customer experience[50] Market and Competitive Landscape - The cross-border e-commerce market is expected to grow further due to favorable policies and the digitalization of the industry[36] - The global economic recovery in 2021 presented both opportunities and challenges for cross-border export businesses[35] - The company has established a robust management team with extensive experience in internet technology and e-commerce operations[53] - The company has expanded its brand influence internationally, covering multiple regions including the US, UK, and Germany, enhancing its competitive edge[51] - The company faces macroeconomic risks due to the ongoing impact of the COVID-19 pandemic, which has slowed global economic recovery and led to inflation, affecting commodity prices and trade dynamics[122] Governance and Compliance - The company has established a comprehensive governance structure, holding two shareholder meetings during the reporting period to ensure equal rights for all shareholders[134] - The board of directors consists of nine members, including three independent directors, ensuring compliance with relevant regulations and effective oversight[136] - The company has established a clear governance structure and operates independently from its controlling shareholders, ensuring no misuse of funds occurred during the reporting period[141] - The company has disclosed information accurately and timely, enhancing transparency and investor trust, with no significant discrepancies from regulatory requirements[140] - The company’s governance practices align with the standards set by the China Securities Regulatory Commission, ensuring compliance with legal and regulatory frameworks[140] Employee Management and Development - The total number of employees at the end of the reporting period was 2,363, with 1,042 in sales and 1,009 in technical roles[187] - The company has implemented a talent development program called "50 Project," focusing on nurturing key talents for future growth[192] - The company has established a comprehensive training system to enhance employee skills and satisfaction[192] - The company has implemented training programs for employees involved in cross-border communications to enhance their international perspective and conflict resolution skills[123] Dividend Distribution - The company distributed a cash dividend of RMB 5 per 10 shares, totaling RMB 152,750,000 for the 2020 fiscal year[193] - The total cash dividend amount for the reporting period was RMB 244,835,264, which represents 100% of the total profit distribution[199] - The company reported a positive profit available for distribution to shareholders amounting to RMB 524,218,511.16[199]

Financial Performance - The company's revenue for Q3 2021 was CNY 348,015,656.59, representing a year-over-year increase of 19.30%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 64,583,656.01, a decrease of 27.70% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 62,124,310.58, an increase of 2.15% year-over-year[4] - Total operating revenue for Q3 2021 reached ¥1,087,832,003.75, an increase of 29.3% compared to ¥841,348,528.42 in Q3 2020[26] - Net profit for Q3 2021 was ¥192,006,666.70, representing a 40.1% increase from ¥137,132,391.04 in Q3 2020[27] Assets and Liabilities - The total assets at the end of Q3 2021 were CNY 3,144,337,785.00, down 8.85% from the end of the previous year[5] - The total assets decreased to ¥3,144,337,785.00 from ¥3,449,742,333.62, reflecting a decline of 8.8%[26] - Total liabilities decreased to ¥1,071,278,914.63 from ¥1,237,397,364.94, a reduction of 13.5%[26] - Total assets amounted to approximately CNY 3.45 billion, with current assets at CNY 1.89 billion and non-current assets at CNY 1.56 billion[33] Equity and Shareholder Information - The company's total equity attributable to shareholders was CNY 2,059,089,439.98, a decrease of 6.32% from the end of the previous year[5] - The company's equity attributable to shareholders decreased to ¥2,059,089,439.98 from ¥2,198,088,296.57, a decline of 6.3%[26] - The total number of shareholders at the end of the reporting period was 25,479, with the largest shareholder holding 49.14%[15] Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 207,179,247.96, which decreased by 6.95% compared to the previous year[4] - The net cash flow from operating activities for the current period is CNY 207,179,247.96, compared to CNY 222,659,756.09 in the previous period, reflecting a decrease of approximately 6.7%[29] - The net cash outflow from investing activities for the current period is CNY -212,997,502.41, compared to CNY -157,217,768.05 in the previous period, showing an increase in cash outflow of about 35.4%[31] - The company received CNY 1,002,800.00 from investments during the current period, compared to CNY 490,000.00 in the previous period, indicating a significant increase of 104.1%[31] Research and Development - Research and development expenses for the year reached CNY 133,731,163.20, an increase of 33.95% year-over-year, primarily due to higher personnel costs[12] - Research and development expenses amounted to ¥133,731,163.20, an increase of 34% compared to ¥99,833,132.70 in the previous year[27] Stock and Dividends - The company implemented a stock option incentive plan in 2020, granting 12.49 million options, representing 4.09% of the total share capital at the time[17] - The total cash dividend distributed amounted to CNY 152.75 million based on the total share capital of 305.5 million shares[17] Compliance and Future Outlook - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[38] - The company is in compliance with the new leasing standards effective from 2021, which may impact future financial reporting[38] - The company plans to continue expanding its market presence and investing in new technologies[27] - Future guidance indicates a focus on increasing operational efficiency and enhancing product offerings[27]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥722.32 million, representing a 36.57% increase compared to ¥528.89 million in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥128.04 million, a significant increase of 168.50% from ¥47.69 million in the previous year[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥96.22 million, which is a 69.71% increase compared to ¥56.69 million in the same period last year[23]. - The basic earnings per share for the first half of 2021 was ¥0.42, up 162.50% from ¥0.16 in the previous year[23]. - The total revenue for the reporting period reached 734.60 million yuan, a year-on-year increase of 35.26%[31]. - Operating profit and total profit were 141.28 million yuan and 140.91 million yuan, respectively, reflecting increases of 130.27% and 127.00% year-on-year[31]. - Net profit attributable to shareholders was 128.04 million yuan, up 168.50% year-on-year, while net profit excluding non-recurring gains and losses was 96.22 million yuan, an increase of 69.71%[31]. - The total comprehensive income for the first half of 2021 was CNY 131,856,121.71, compared to CNY 204,963,640.04 in the same period of 2020, reflecting a decrease[176]. Cash Flow and Assets - The net cash flow from operating activities was approximately ¥179.93 million, reflecting a 10.99% increase from ¥162.12 million in the same period last year[23]. - Cash and cash equivalents at the end of the reporting period were ¥1,280,531,108.28, representing 38.04% of total assets, an increase of 4.50% from the previous year[59]. - The company's cash and cash equivalents at the end of the period were reported at 1,078,559,498.33, showing a healthy liquidity position[192]. - The ending balance of cash and cash equivalents was CNY 844,425,437.12, up from CNY 700,956,818.31 at the end of the first half of 2020[179]. - The company reported a significant increase in cash received from sales of goods and services, amounting to CNY 692,572,811.08, compared to CNY 615,594,922.56 in the same period last year[176]. Investments and R&D - Research and development investment increased by 31.74% to ¥91,167,349.89, primarily due to the rise in salaries for R&D personnel[51]. - The company has established a research institute and R&D center to foster a strong culture of technological innovation and has built deep partnerships with multiple universities and research institutions[42]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[171]. Shareholder and Dividend Policies - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[7]. - The company has committed to a cash dividend policy, distributing no less than 30% of the lower of the consolidated and parent company distributable profits each year[102]. - The company actively protects shareholder rights and has implemented a cash dividend for the 2020 fiscal year, enhancing transparency through various communication channels[92]. Operational Strategies and Market Focus - The company emphasizes digital transformation and innovation to support SMEs in expanding overseas trade markets[30]. - The cross-border B2B e-commerce platform is focused on building a complete service ecosystem, leveraging platforms like Crov.com and Doba.com[36]. - The company is actively exploring global channels to provide more inquiry opportunities for domestic suppliers amid ongoing pandemic uncertainties[76]. Compliance and Governance - The company emphasizes compliance with environmental laws and has not faced any administrative penalties for environmental issues during the reporting period[90]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[105]. - The company has not reported any significant guarantees during the reporting period[128]. Changes in Equity and Liabilities - The company's total equity attributable to shareholders decreased from CNY 2,198,088,296.57 to CNY 2,140,096,267.89, a decrease of about 2.6%[164]. - Total liabilities decreased from CNY 1,237,397,364.94 to CNY 1,213,723,335.73, a reduction of approximately 1.9%[163]. - The company's capital reserve increased from CNY 1,020,690,597.84 to CNY 1,040,640,566.65, an increase of approximately 2.0%[164]. Miscellaneous - The company has not yet initiated poverty alleviation or rural revitalization efforts during the reporting period[97]. - The semi-annual financial report has not been audited[107]. - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[118].

Financial Performance - The company's operating revenue for Q1 2021 was ¥324,737,130.23, representing a 41.97% increase compared to ¥228,734,269.51 in the same period last year[9]. - Net profit attributable to shareholders was ¥19,491,415.31, a significant turnaround from a loss of ¥20,330,153.40 in the previous year, marking a 195.87% increase[9]. - The net profit after deducting non-recurring gains and losses reached ¥17,516,656.79, compared to a loss of ¥788,337.56 last year, reflecting a 2,321.97% increase[9]. - Basic and diluted earnings per share were both ¥0.06, compared to a loss of ¥0.07 per share in the same period last year, representing an increase of 185.71%[9]. - The weighted average return on net assets was 0.87%, a significant improvement from -0.96% in the previous year, indicating a 190.63% increase[9]. - The company expects net profit attributable to shareholders to range from ¥9,000 to ¥12,500, representing an increase of 88.72% to 162.12% compared to the previous year[35]. - The total comprehensive income for Q1 2021 was CNY 81.95 million, down from CNY 163.31 million in the same period last year[60]. Cash Flow - The net cash flow from operating activities improved to -¥9,272,570.71, a 54.69% improvement from -¥20,464,993.84 in the previous year[9]. - Cash inflow from operating activities totaled CNY 374,087,935.17, up from CNY 241,962,828.85 year-over-year[64]. - Cash outflow from operating activities was CNY 383,360,505.88, compared to CNY 262,427,822.69 in the previous year[65]. - The company reported a net cash outflow of CNY 55,276,732.76 in cash and cash equivalents during the quarter[66]. - The company had a net cash flow from financing activities of CNY -176,250,000.00, reflecting cash outflows for dividend payments[70]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,489,363,272.71, a 1.15% increase from ¥3,449,742,333.62 at the end of the previous year[9]. - The company's non-current assets totaled ¥1,678,442,162.82, up from ¥1,561,552,715.18[49]. - The total liabilities included accounts payable of ¥166,652,568.91, down from ¥187,980,441.39[49]. - The company's contract liabilities were reported at ¥783,168,403.70, a decrease from ¥826,128,942.18[49]. - The total current liabilities were CNY 1,158,733,512.17, with no adjustments made[72]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,133, with the largest shareholder holding 49.99% of the shares[14]. - The total equity attributable to the parent company increased to CNY 2,291,093,352.75 from CNY 2,198,088,296.57, showing a growth of about 4.2%[51]. Business Operations - Revenue rose by 41.97% to ¥324,737,130.23, driven by rapid growth in the main business of Made-in-China.com, which saw a 52.74% increase in revenue[24]. - Research and development expenses increased by 33.96% to ¥54,191,436.35, mainly due to higher salaries and share-based payment expenses for R&D personnel[26]. - The number of registered paid members on Made-in-China.com reached 22,758, with an increase of 1,191 members compared to the end of 2020[26]. - The company plans to continue high-speed growth in its main business, expecting significant increases in both revenue and net profit in the second quarter[35]. Compliance and Governance - There were no reported violations regarding external guarantees or non-operating fund occupation by major shareholders during the reporting period[39][40]. - The company has not conducted an audit for the first quarter report[78]. - The company has implemented the new leasing standards starting from 2021, affecting the financial statements[78].

Financial Performance - The company's operating revenue for 2020 was CNY 1,129,744,169.15, representing a 15.52% increase compared to CNY 978,005,673.25 in 2019[20] - The net profit attributable to shareholders for 2020 was CNY 173,377,334.13, up 14.88% from CNY 150,917,649.09 in the previous year[20] - The net cash flow from operating activities reached CNY 539,857,104.43, a significant increase of 254.46% compared to CNY 152,302,276.20 in 2019[20] - The basic earnings per share for 2020 was CNY 0.57, reflecting a 16.33% increase from CNY 0.49 in 2019[20] - Total assets at the end of 2020 amounted to CNY 3,449,742,333.62, an 18.92% increase from CNY 2,900,861,875.79 at the end of 2019[20] - The net assets attributable to shareholders were CNY 2,198,088,296.57, which is a 10.67% increase from CNY 1,986,106,300.10 in 2019[20] - The company reported a 135.31% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, reaching CNY 148,375,918.31 in 2020[20] - The weighted average return on net assets for 2020 was 8.43%, an increase from 7.82% in 2019[20] Quarterly Performance - Total revenue for the first quarter was ¥228,734,269.51, with a net profit attributable to shareholders of -¥20,330,153.40[24] - In the second quarter, total revenue increased to ¥300,153,035.39, with a net profit of ¥68,018,818.19, marking a significant recovery[24] - The third quarter saw a net profit of ¥89,332,979.20, with total revenue of ¥291,726,482.80, indicating continued growth[24] - The company reported a net cash flow from operating activities of ¥317,197,348.30 in the fourth quarter, demonstrating strong cash generation capabilities[24] Revenue Breakdown - B2B revenue accounted for 75.79% of total revenue, amounting to ¥856,209,163.02, with a year-on-year growth of 25.26%[73] - The insurance segment generated ¥164,134,822.55, which is 14.53% of total revenue, but saw a decline of 12.28% compared to the previous year[73] - The cross-border business revenue was ¥105,989,037.10, representing 9.38% of total revenue, with a growth of 7.97% year-on-year[73] Investment and Assets - The company’s long-term equity investments increased by 73.65% to RMB 7,967.79 million, primarily due to new investments in Nanjing Bai Nian Ding Jia Health Consulting Management Co., Ltd. during the reporting period[38] - Fixed assets rose significantly by 732.93% to RMB 54,733.52 million, mainly due to the completion of the Focus Technology Building being transferred to fixed assets[38] - Cash and cash equivalents increased by 33.67% to RMB 115,693.79 million, attributed to an increase in prepaid membership fees and loan recoveries during the reporting period[38] - Inventory surged by 556.62% to RMB 2,563.79 million, primarily due to increased stockpiling of goods[38] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 5 per 10 shares, based on a total of 305,500,000 shares[5] - In 2020, the company distributed cash dividends of RMB 7.5 per 10 shares, totaling RMB 176,250,000, with retained earnings of RMB 194,705,651.62 carried forward to the next year[144] - The cash dividend payout ratio for 2020 was 88.10% of the net profit attributable to ordinary shareholders, which was RMB 173,377,334.13[151] Business Strategy and Development - The company has not experienced significant changes in its main business since its listing, continuing to integrate traditional industries with the internet[18] - The company emphasizes technology innovation and service integration to improve product profitability and overall financial performance[35] - The company launched the "Cloud Plan 2020," which includes five major services: "Cloud Exhibition," "Cloud Data," "Cloud Training," "Cloud Building," and "Cloud Link" to support SMEs during the pandemic[55] - The company is focused on expanding its market presence through strategic partnerships and service offerings[185] Technology and Innovation - The company has a robust R&D capability, having developed a mainstream transaction technology system capable of handling massive concurrent transactions[44] - The company is focusing on developing new technologies such as AI-based platforms and e-commerce data visualization systems to enhance its core competitiveness[86] - The company plans to continue its digital transformation efforts, enhancing trade services for small and medium-sized enterprises to support their growth in foreign trade[121] Compliance and Governance - The company is committed to complying with regulatory requirements and protecting consumer rights while helping partners conduct compliant insurance promotion[126] - The company has maintained compliance with its cash dividend policy, ensuring transparency and protection of minority shareholders' rights[146] Market Presence and Brand Influence - The company has established a strong brand presence in multiple countries, including the USA, UK, and Germany, covering 27 major industries, enhancing its overseas brand influence[45] - The company has been recognized with various awards, including the "Best Customer Service Award" and "Best Service Innovation Award" by industry organizations[47] Future Outlook - The company aims for a revenue target of no less than RMB 1.5 billion for 2021, reflecting a strategic focus on growth despite challenges posed by the COVID-19 pandemic[120] - The company plans to adjust the distribution ratio if there are changes in the share capital before the implementation of the dividend distribution[153]

Financial Performance - Net profit attributable to shareholders increased by 89.12% to CNY 89,332,979.18 for the reporting period[11] - Operating revenue for the period was CNY 291,726,482.80, representing an 18.21% increase year-on-year[11] - Basic earnings per share rose by 93.33% to CNY 0.29, while diluted earnings per share also increased by 93.33%[11] - The company reported a decrease of 13.53% in net profit attributable to shareholders for the year-to-date period compared to the same period last year[11] - The company reported a net profit of CNY 44,155,746.77 for Q3 2020, compared to CNY 39,301,813.54 in Q3 2019, indicating a growth of 12.5%[76] - The net profit for the current period is CNY 89,734,972.45, compared to CNY 46,584,316.50 in the previous period, indicating an increase of about 92.6%[81] - The total profit for Q3 2020 was approximately CNY 156.04 million, down 17.5% from CNY 189.24 million in Q3 2019[91] Assets and Liabilities - Total assets increased by 10.15% to CNY 3,195,433,985.60 compared to the end of the previous year[11] - The total liabilities increased to CNY 1,015,892,314.32 from CNY 897,723,044.12, reflecting an increase of about 13.14%[60] - The company's total equity rose to CNY 2,179,541,671.28 from CNY 2,003,138,831.67, indicating an increase of approximately 8.81%[63] - The total current assets decreased to CNY 1,572,392,678.76 from CNY 1,628,177,090.33, reflecting a decline of approximately 3.43%[55] - The company's total assets at the end of Q3 2020 were reported at CNY 1.2 billion, showing a growth of 10% compared to the previous quarter[93] Cash Flow - Net cash flow from operating activities surged by 177.36% to CNY 60,538,755.43[11] - The net cash flow from operating activities for the period was 222.66 million yuan, an increase of 337.48 million yuan, or 293.93%, mainly due to increased cash collections from services[27] - Operating cash inflow for the current period reached ¥1,068,875,541.45, a significant increase of 35.3% compared to ¥789,530,775.57 in the previous period[103] - Net cash flow from operating activities was ¥222,659,756.09, recovering from a negative cash flow of ¥114,816,612.28 in the previous period[103] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,417[15] - The largest shareholder, Shen Jinhua, holds 50.97% of the shares, amounting to 155,715,158 shares[15] Investments and Expenditures - The company's long-term equity investments at the end of the period were 76.08 million yuan, an increase of 30.20 million yuan, or 65.81%, mainly due to new investments in Nanjing Bai Nian Ding Jia Health Consulting Management Co., Ltd.[23] - The company's development expenditures at the end of the period were 14.47 million yuan, an increase of 10.44 million yuan, or 259.16%, mainly due to the advancement of R&D project development[23] - Research and development expenses for Q3 2020 were CNY 30,926,472.52, slightly up from CNY 30,074,583.91 in the same quarter last year[74] Other Income and Expenses - Non-recurring gains and losses for the period included government subsidies amounting to CNY 10,732,560.69[11] - The company's other income for the period was 30.67 million yuan, an increase of 22.53 million yuan, or 276.94%, mainly due to increased government subsidies received[26] - The company reported a financial expense of -3.19 million yuan, a decrease of 0.74 million yuan, or 30.37%, primarily due to increased interest income[26] Market and Product Development - The company has plans for market expansion and new product development, focusing on enhancing its competitive edge in the industry[70]