Group 1: Investor Relations Activities - The investor relations activity included a telephone conference with various investment institutions and analysts [1][2][3][4][5][6][7][8][9][10][11][12] - Participants included representatives from multiple investment firms, such as Anhe Capital, Aijian Securities, and Guotai Junan Securities [1][2][3][4][5][6][7][8][9][10][11][12] Group 2: Company Overview and Strategic Moves - Taiji Computer Co., Ltd. is focusing on acquiring control of Renda Jincang and investing in Puhua Software to enhance its software industry capabilities [10][11][12] - The company aims to build a comprehensive software industry system covering operating systems, databases, and middleware, enhancing its competitive edge [10][11][12] Group 3: Market Position and Future Prospects - Renda Jincang holds over 50% market share in the government and enterprise database sector, ranking first in the industry [12] - The company plans to leverage the growing demand for domestic software solutions, anticipating rapid growth in the foundational software industry [11][12] - Renda Jincang's products are widely used across more than 20 key industries, with over 1 million installations nationwide [11][12]

Group 1: Company Overview - Taiji Computer Co., Ltd. is a wholly-owned subsidiary of Huadian Technology, focusing on providing digital products and solutions for large and medium-sized enterprises [2] - The company has a market share exceeding 60% among state-owned enterprises under the State-owned Assets Supervision and Administration Commission (SASAC) [2] - In the top 100 Chinese enterprises, Taiji maintains a leading market share in its industry [2] Group 2: Product and Service Offerings - Huadian Technology specializes in digital collaboration (OA) and digital supervision software products, offering platform-based and customized application development [2] - The company has developed three foundational platforms: WEP Digital Application Cloud Platform, WE.Flow Intelligent Workflow Engine, and CUBE AI Platform, which are fully compatible with domestic environments [3] Group 3: Financial Performance - In 2021, Renmin University JinCang achieved a revenue of 340.69 million yuan and a net profit of 31.29 million yuan, marking a year-on-year growth of 400% [3] - The market share of JinCang database reached 5% in the traditional deployment model market, according to IDC's report [3] Group 4: Strategic Initiatives - The company has undertaken significant national projects, including the construction of the National Government Service Platform and the "Internet + Regulation" system [4] - It aims to enhance the digitalization and intelligence of government services, contributing to the national integrated governance and regulatory data system [4] Group 5: Future Outlook - There are currently no plans for an independent listing of Renmin University JinCang, as the company maintains absolute control and support for its development [4] - The company is focused on leveraging its strengths to assist in the digital transformation of government governance [4]

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,139,196,534.98, a decrease of 35.54% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥80,615,911.47, an increase of 39.31% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥64,284,317.80, reflecting a year-on-year increase of 17.31%[5] - Total operating revenue for the third quarter was approximately ¥7.06 billion, a slight increase from ¥7.00 billion in the previous year, representing a growth of 0.8%[22] - The total net profit for the third quarter was 118,447,969.89, an increase from 94,942,680.39 in the previous year, representing a growth of approximately 25.0%[28] - The net profit attributable to shareholders of the parent company was 117,453,861.33, up from 86,084,350.05, indicating a year-over-year increase of about 36.4%[28] - The basic and diluted earnings per share for the current period were both 0.2026, compared to 0.1485 in the same period last year, reflecting a growth of approximately 36.4%[28] - The company reported a net profit margin of approximately 1.9%, consistent with the previous year's performance[22] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥16,160,131,231.30, down 5.53% from the end of the previous year[5] - The total assets decreased from approximately ¥17.11 billion to ¥16.16 billion, a decline of about 5.5%[21] - Total liabilities decreased from approximately ¥13.17 billion to ¥12.21 billion, a reduction of about 7.2%[21] - The company's total equity increased from approximately ¥3.94 billion to ¥3.95 billion, showing a slight growth of 0.3%[21] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥1,896,107,258.57, a decrease of 4.27% year-on-year[5] - The net cash flow from operating activities was -1,896,107,258.57, compared to -1,818,411,432.00 in the previous year, indicating a decline in cash flow[29] - The cash flow from investing activities showed a net outflow of -367,670,007.27, compared to -136,523,993.71 in the previous year, reflecting increased investment expenditures[32] - The cash flow from financing activities resulted in a net inflow of 558,911,581.88, down from 687,247,735.29, indicating a decrease in financing activities[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,820[11] - The largest shareholder, China Electronics Technology Group Corporation, holds 30.76% of the shares, totaling 178,320,355 shares[11] - The top ten shareholders include state-owned entities, with the second-largest shareholder holding 5.75% of the shares[11] Other Financial Metrics - The basic earnings per share for Q3 2022 was ¥0.1391, up 39.38% compared to the same period last year[5] - The weighted average return on net assets was 2.16%, an increase of 0.50% year-on-year[5] - The deferred income tax liabilities increased slightly from approximately ¥54.05 million to ¥54.32 million, indicating stable tax planning[21] - The company incurred credit impairment losses of -45,336,294.49, compared to -35,507,531.41 in the previous year, indicating an increase in credit risk provisions[28] Inventory and Receivables - Accounts receivable stand at ¥4,359,607,580.15, showing an increase from ¥4,270,500,559.89 at the start of the year[15] - Inventory as of September 30, 2022, is valued at ¥3,924,054,617.99, up from ¥3,830,554,976.13 at the beginning of the year[15] - The company has a total of ¥1,866,707,295.52 in contract assets, significantly higher than ¥938,030,608.23 at the beginning of the year[15] - Other receivables amount to ¥853,556,229.80, compared to ¥750,813,987.12 at the start of the year[15] Government Support and Strategic Developments - The company received government subsidies amounting to ¥19,575,761.98 during the reporting period[7] - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There are no indications of mergers or acquisitions mentioned in the report[13] Cost Management - Total operating costs amounted to approximately ¥6.93 billion, compared to ¥6.93 billion in the same period last year, indicating a stable cost structure[22] - Research and development expenses were approximately ¥125.4 million, a decrease from ¥131.4 million year-over-year, reflecting a focus on cost management[22] - The cash and cash equivalents decreased by 58.93% to ¥1,190,747,683.96 due to contract-related expenditures[8] - The cash and cash equivalents decreased from approximately ¥13.84 billion to ¥12.75 billion, a decline of about 7.8%[21] - The company reported a decrease in cash and cash equivalents at the end of the period to 1,171,231,361.53 from 1,211,159,951.59, a decline of about 3.3%[32]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥4,922,273,681.67, representing a 33.61% increase compared to ¥3,684,112,989.51 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was ¥36,837,949.86, up 30.56% from ¥28,215,562.10 in the previous year[27]. - The net profit after deducting non-recurring gains and losses was ¥27,027,280.45, which is a significant increase of 66.46% compared to ¥16,236,390.87 in the same period last year[27]. - The basic earnings per share increased to ¥0.0636, reflecting a growth of 30.60% from ¥0.0487 in the previous year[27]. - The total assets at the end of the reporting period were ¥15,449,463,202.66, a decrease of 9.69% from ¥17,106,414,405.69 at the end of the previous year[27]. - The net assets attributable to shareholders of the listed company were ¥3,735,178,190.50, showing a slight increase of 1.00% from ¥3,698,324,641.48 at the end of the previous year[27]. - The net cash flow from operating activities was -¥1,917,558,132.84, which improved by 10.23% compared to -¥2,136,043,913.06 in the same period last year[27]. - The weighted average return on net assets was 0.99%, an increase of 0.19% from 0.80% in the previous year[27]. Revenue Breakdown - The company achieved operating revenue of CNY 492,227.37 million, representing a year-on-year growth of 33.61%[43]. - The net profit attributable to shareholders reached CNY 36,837.9 million, an increase of 30.56% compared to the previous year[43]. - The net profit excluding non-recurring gains and losses was CNY 27,027.3 million, showing a significant growth of 66.46% year-on-year[43]. - The network security and self-controllable business segment grew by 55.14%, driven by the concentrated delivery and implementation of the Xinchuang projects[43]. - The smart applications and services segment experienced a growth rate of 37.67%, benefiting from the continuous increase in the company's proprietary software products[43]. - The cloud services segment saw a growth rate of 27.02%, with an expanding operational scale[43]. - The system integration services segment grew by 21.70%, with its proportion of total revenue decreasing to 42.47%[43]. - The company signed new contracts totaling CNY 666,591.43 million, remaining stable compared to the same period last year[43]. Strategic Initiatives - The company is implementing a development strategy focused on "one body and two wings," emphasizing product research and market expansion[37]. - The company aims to be a leading digital service provider in China, contributing to the construction of a digital China[37]. - The company is actively exploring digital agriculture and has initiated a pilot project in Hefei, integrating agricultural resources and developing a digital application platform[51]. - The company has established a subsidiary focused on contract lifecycle management to address pain points in contract management[47]. - The company plans to strengthen market expansion by focusing on key government and industry markets, aiming to enhance its presence in finance, energy, transportation, and telecommunications sectors[85]. - The company will increase R&D investment in common products and encourage the development of business-oriented products, particularly in AI, blockchain, 5G, and smart equipment[85]. Investment and R&D - The total investment amount for the reporting period was ¥18,000,000, an increase of 414.29% compared to ¥3,500,000 in the same period last year[65]. - The company has committed to invest in the key technology and product R&D project, with a total commitment of ¥98,671.5 million[73]. - The company has utilized ¥37,249.34 million of the raised funds in the current period, with a cumulative usage of ¥94,369.82 million as of June 30, 2022[71]. - The investment progress for the key technology and product R&D project reached 103.69% of the committed investment amount of ¥7,208.31 million[73]. - The cloud computing center and service system construction project achieved a 100.15% investment progress against the committed amount of ¥29,981.94 million[73]. - The company plans to increase investment in technology research and development to address challenges posed by new technologies such as cloud computing and artificial intelligence[84]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[91]. - The company actively engages with shareholders through various communication channels to enhance transparency and ensure shareholder rights[102]. - The company has committed to reducing and regulating related party transactions, ensuring that necessary transactions are conducted based on market pricing principles to protect minority shareholders' rights[106]. - The company has maintained its independence by ensuring separation in personnel, assets, finance, and operations, adhering to regulations set by the China Securities Regulatory Commission[106]. - The company has committed to fair treatment of all invested enterprises, avoiding any business arrangements that could disadvantage its interests[107]. Risk Management - The company faces risks related to industry policies, technology, and business innovation as outlined in the risk management section[6]. - The company faces operational risks due to the COVID-19 pandemic, impacting procurement, supply chain management, and project delivery[84]. Financial Health - The company reported a net cash flow from investing activities of -¥302,480,302.74, a significant decrease of 289.15% compared to -¥77,727,607.09 in the previous year[53]. - The company's cash and cash equivalents decreased to ¥1,318,227,856.65, down 8.42% from the previous year[62]. - The accounts receivable balance was ¥4,500,927,538.46, which accounted for 29.13% of total assets[62]. - The company's short-term borrowings increased to ¥1,463,553,055.56, reflecting a rise of 5.20%[64]. - The company reported a non-operating income of ¥33,953,798.37, which constituted 93.32% of total profits[61]. - The company reported a total guarantee amount of 250,700 thousand yuan, with actual guarantees issued during the reporting period totaling 53,570.75 thousand yuan[145]. Market Outlook - The company expects a revenue growth of 10% for the second half of 2022, driven by new product launches and market expansion strategies[113]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2023[113].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,859,210,979.50, representing an increase of 18.65% compared to ¥1,566,970,738.72 in the same period last year[5] - The net profit attributable to shareholders was ¥18,721,239.78, a decrease of 5.08% from ¥19,723,624.84 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥15,964,545.33, an increase of 9.56% compared to ¥14,571,917.56 in the previous year[5] - Net profit for the current period was ¥20,816,409.75, compared to ¥19,591,255.65 in the previous period, indicating a growth of 6.3%[29] - The company’s other income for the current period was ¥15,782,513.98, compared to ¥25,766,491.53 in the previous period, a decline of 38.8%[26] - Basic earnings per share for the current period is 0.0323, compared to 0.0340 in the previous period[32] Cash Flow - The net cash flow from operating activities was -¥1,473,124,552.06, improving by 25.06% from -¥1,965,789,375.42 in the same period last year[5] - Cash inflow from operating activities totaled 1,268,835,026.02, down from 1,398,722,511.37 in the previous period[32] - Cash outflow from operating activities decreased to 2,741,959,578.08 from 3,364,511,886.79 in the previous period[32] - Net cash flow from investing activities is -239,892,686.92, compared to -35,956,643.98 in the previous period[35] - Cash inflow from financing activities is 538,000,000.00, down from 620,000,000.00 in the previous period[35] - Net cash flow from financing activities is 378,011,484.86, a decrease from 472,284,927.78 in the previous period[35] - The ending balance of cash and cash equivalents is 1,541,091,291.37, compared to 949,386,550.39 in the previous period[35] - Cash received from sales of goods and services is 1,148,755,987.45, down from 1,167,141,649.51 in the previous period[32] - Cash received from tax refunds is 13,196,450.71, a decrease from 20,263,051.18 in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,703,135,361.81, a decrease of 2.36% from ¥17,106,414,405.69 at the end of the previous year[5] - The total liabilities decreased to ¥10,453,155,628.27 from ¥10,268,384,988.67, a decrease of about 1.8%[19] - The company reported a total non-current asset value of ¥3,249,979,733.54, slightly down from ¥3,268,029,417.02[19] - The company's total liabilities decreased to ¥12,743,743,883.83 from ¥13,167,854,042.59, a reduction of approximately 3.2%[22] - The total equity attributable to shareholders of the parent company increased to ¥3,717,060,586.39 from ¥3,698,324,641.48, reflecting a growth of 0.5%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,722[12] - The largest shareholder, China Electronics Technology Group Corporation, holds 30.76% of shares, totaling 178,320,355 shares[12] Expenses - Total operating costs amounted to ¥1,822,683,283.67, up from ¥1,559,512,823.00, reflecting a year-over-year increase of 16.8%[26] - The company's financial expenses rose by 62.70% to ¥24,772,953.47 from ¥15,226,466.04, mainly due to increased interest on bill discounts[8] - Research and development expenses for the current period were ¥48,239,461.83, slightly down from ¥51,222,616.41, a decrease of 5.8%[26] - The income tax expense decreased by 52.56% to ¥4,930,590.42 from ¥10,392,773.67, attributed to a reduction in total profit[8] - The company’s tax expenses decreased to ¥4,930,590.42 from ¥10,392,773.67, a reduction of 52.6%[29] Inventory and Receivables - Accounts receivable increased to ¥4,941,506,696.62 from ¥4,270,500,559.89, representing an increase of about 15.7%[16] - Inventory rose to ¥4,067,945,110.24 from ¥3,830,554,976.13, marking an increase of approximately 6.2%[19]

Financial Performance - The company reported a total revenue of RMB 579,659,936 for the year 2021, with a cash dividend of RMB 1.94 per 10 shares distributed to all shareholders[6]. - The company's operating revenue for 2021 was ¥10,504,878,283.01, representing a 23.11% increase compared to ¥8,532,609,638.35 in 2020[29]. - The net profit attributable to shareholders for 2021 was ¥373,084,185.91, a slight increase of 1.19% from ¥368,695,901.99 in 2020[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 6.33% to ¥281,020,791.52 from ¥300,017,730.38 in 2020[29]. - The net cash flow from operating activities for 2021 was ¥739,291,699.00, down 31.80% from ¥1,083,975,054.56 in 2020[29]. - Total assets at the end of 2021 reached ¥17,106,414,405.69, a 26.56% increase from ¥13,516,118,964.90 at the end of 2020[29]. - The net assets attributable to shareholders at the end of 2021 were ¥3,698,324,641.48, up 5.20% from ¥3,515,679,721.67 at the end of 2020[29]. - The company reported a basic earnings per share of ¥0.6436 for 2021, a 0.99% increase from ¥0.6373 in 2020[29]. - The company’s net profit attributable to shareholders for Q4 2021 was ¥286,999,835.86, compared to ¥290,609,229.16 in Q4 2020, indicating a slight decrease[67]. Market and Business Strategy - The company plans to continue expanding its market presence and developing new technologies in the coming years[6]. - The company aims to leverage opportunities in digital government and digital economy sectors to enhance its service offerings[44]. - The company continues to focus on cloud services, network security, and smart applications as its core business areas[45]. - The company is focused on enhancing its digital service capabilities, aiming to become "China's most outstanding digital service provider" as part of its strategic vision[59]. - The company is preparing for expert reviews and third-party testing for its all-in-one hardware and software platform supporting AR and laser projection technologies[81]. - The company aims to integrate resources in the Beijing-Tianjin-Hebei region to build a public service platform for the industrialization of innovative results, promoting the accumulation of convertible intellectual property data[81]. - The company plans to focus on developing industrial internet industry solutions due to the fragmented market and diverse trends[127]. Research and Development - The company invested CNY 75,771.01 million in R&D, representing a 26.66% increase, with R&D expenses accounting for 7.21% of revenue[52]. - The total R&D investment for 2021 reached ¥757,710,075.49, representing a 26.66% increase from ¥598,247,087.64 in 2020[90]. - R&D personnel increased by 12.20% from 2,057 in 2020 to 2,308 in 2021, with the proportion of R&D personnel rising from 42.48% to 48.49%[90]. - The company has completed research on multi-source data integration technologies for snow sports venues, focusing on lightweight, standardized, and modular platforms, which will support smart venue operations for the Zhangjiakou Winter Olympics[81]. - The company is developing a high-sensitivity forest fire monitoring and early warning platform, with significant progress in key technology research and hardware development, aimed at improving monitoring accuracy in complex environments[81]. Corporate Governance - The company emphasizes its commitment to corporate governance, adhering to regulations and ensuring the protection of shareholder rights[145]. - The company maintains complete operational independence from its controlling shareholder, with no reliance on them for business operations[149]. - The company has established a comprehensive financial management system, ensuring independent financial operations and tax compliance[151]. - The company has a clear governance structure, with defined roles and responsibilities for the board, supervisors, and management[145]. - The company has implemented effective performance evaluation standards for senior management, enhancing operational efficiency and competitiveness[146]. Human Resources - The company has implemented a talent-first development strategy, resulting in the appointment of two senior vice presidents and three vice presidents to strengthen leadership[59]. - The total number of employees at the end of the reporting period is 4,760, with 1,940 in the parent company and 2,820 in major subsidiaries[196]. - The total employee compensation accounted for 18.86% of the company's total costs during the reporting period[200]. - The company has established a growth-oriented salary system that adjusts based on business performance and market salary conditions[200]. - The company provides a comprehensive benefits system, including supplementary commercial insurance and various allowances[200]. Investment and Financial Management - The company reported a total cash outflow from investment activities increased by 56.08% to ¥329,062,898.93, compared to ¥210,825,873.73 in 2020[104]. - The total committed investment for the key technology and product R&D project is CNY 7,208.31 million, with a cumulative investment of CNY 7,474.31 million, achieving an investment progress of 103.69%[124]. - The cloud computing center and cloud service system project has a committed investment of CNY 29,981.94 million, with a cumulative investment of CNY 30,026.53 million, achieving an investment progress of 100.15%[124]. - The company reported a cash management plan for idle funds not exceeding CNY 48,000 million as part of its fundraising strategy[129]. - The company has achieved a project completion status for two fundraising projects, resulting in a surplus of CNY 231.95 million[129]. Subsidiary Performance - The company’s subsidiary, Beijing Taiji Information System Technology Co., Ltd., reported a net profit of 164,812,418.39 yuan[136]. - The company’s subsidiary, Beijing Huidian Technology Co., Ltd., reported a net profit of 45,474,716.71 yuan[136]. - The company’s subsidiary, Beijing Renda Jincang Information Technology Co., Ltd., reported a net profit of 31,293,575.49 yuan[136]. Future Outlook - Future guidance indicates a revenue target of 1.5 billion RMB for 2022, with a projected growth rate of 25%[166]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in international sales by 2023[166]. - The company is exploring partnerships with local tech firms to enhance its service offerings and market reach[166].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥3,318,463,162.30, representing a 92.10% increase year-over-year[4] - Net profit attributable to shareholders was ¥57,868,787.95, a 3.28% increase compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥54,797,651.09, reflecting a 2.50% increase year-over-year[4] - Total operating revenue for the current period reached ¥7,002,576,151.81, a significant increase from ¥4,724,341,004.12 in the previous period, representing a growth of approximately 48.1%[28] - Net profit for the current period was ¥94,942,680.39, up from ¥77,894,746.93 in the previous period, indicating a growth of approximately 22%[31] - Total comprehensive income attributable to the parent company was ¥86,084,350.05, compared to ¥78,086,672.83 in the previous period, indicating an increase of about 10.2%[31] - Earnings per share (EPS) for the current period was ¥0.1485, compared to ¥0.1351 in the previous period, showing an increase of about 17.5%[34] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥15,242,106,048.84, up 12.77% from the end of the previous year[4] - Current assets totaled CNY 12,262,255,871.35, up from CNY 10,551,174,594.27, indicating a growth of about 16.2% year-over-year[21] - Total liabilities increased to ¥11,491,659,223.15 from ¥9,743,696,791.60, marking a rise of approximately 17.9%[28] - Total equity decreased to ¥3,750,446,825.69 from ¥3,772,422,173.30, reflecting a decline of about 0.6%[28] - The company reported a total of 10,551,174,594.27 in current liabilities, which includes accounts payable of CNY 3,801,226,014.72, up from CNY 3,643,873,111.04[21] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥1,818,411,432.00, a decrease of 50.09% compared to the same period last year[4] - The net cash flow from operating activities for the current period was -1,818,411,432.00 CNY, compared to -1,211,566,798.88 CNY in the previous period, indicating a decline in operational cash flow[35] - Total cash inflow from operating activities was 6,266,868,742.49 CNY, up from 3,927,387,382.25 CNY in the previous period, reflecting a growth of approximately 59.5%[35] - Cash outflow from operating activities increased to 8,085,280,174.49 CNY from 5,138,954,181.13 CNY, representing a rise of about 57.0%[35] - The ending cash and cash equivalents balance was 1,211,159,951.59 CNY, compared to 764,230,085.01 CNY in the previous period, marking an increase of about 58.5%[38] Research and Development - The company's R&D expenses increased to ¥131,400,811.98, a 34.13% rise year-over-year, indicating continued investment in innovation[11] - Research and development expenses for the current period were ¥131,400,811.98, up from ¥97,964,428.91 in the previous period, representing an increase of about 34%[28] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[20] Shareholder Information - The top ten shareholders hold a combined total of 191,830,637 shares, with the largest shareholder being China Electronics Technology Group Corporation, indicating strong institutional support[14] Other Financial Metrics - The weighted average return on net assets was 1.66%, a slight increase of 0.03% compared to the previous year[4] - The company reported a significant increase in accounts receivable, which rose by 83.56% to ¥4,397,253,778.10, attributed to revenue growth[8] - Short-term borrowings increased by 227.78% to ¥1,180,000,000.00, reflecting the growth in business scale[8] - The company experienced a 66.74% increase in other income, totaling ¥57,227,582.16, primarily due to increased government subsidies[11] - The company reported a gross profit of ¥76,801,195.20 for the current period, compared to ¥107,080,032.73 in the previous period, indicating a decrease of approximately 28.3%[28] - The company’s financial expenses rose to ¥79,947,335.27 from ¥33,394,388.68, reflecting an increase of approximately 139.5%[28]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥3,684,112,989.51, representing a 22.93% increase compared to ¥2,996,886,183.91 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was ¥28,215,562.10, up 27.92% from ¥22,057,010.72 in the previous year[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,236,390.87, reflecting a 37.55% increase from ¥11,804,135.36 in the same period last year[26]. - The company's revenue for the reporting period reached ¥3,684,112,989.51, representing a year-on-year increase of 22.93%[51]. - The total revenue reached ¥1,921,735,819.63, representing a year-on-year increase of 48.42%[60]. - Cybersecurity and autonomous controllable products generated ¥1,075,448,935.76 in revenue, with a significant year-on-year growth of 124.99%[60]. - Cloud services revenue surged by 53.86% to ¥282,298,351.12, indicating strong demand in this segment[60]. Cash Flow and Assets - The net cash flow from operating activities was -¥2,136,043,913.06, a decrease of 69.13% compared to -¥1,262,983,142.10 in the previous year[26]. - Total assets at the end of the reporting period were ¥14,688,150,198.02, an increase of 8.67% from ¥13,516,118,964.90 at the end of the previous year[26]. - The company's cash and cash equivalents decreased by 12.34% to ¥1,183,185,889.32, primarily due to contract procurement payments[62]. - The company's asset-liability ratio increased to 74.23% as of June 30, 2021, up from 65.14% a year earlier, representing a change of 9.09%[186]. - Cash and cash equivalents decreased to approximately ¥1.18 billion from ¥2.76 billion at the end of the previous year[197]. Shareholder Information - The total number of shares before the change was 579,641,125, with a total of 1,221 shares added, resulting in a total of 579,642,346 shares after the change[149]. - The total number of shareholders at the end of the reporting period was 41,898[154]. - The largest shareholder, China Electronics Taiji Group Co., Ltd., holds 191,830,637 shares, representing 33.09% of the total shares[160]. - The second-largest shareholder, North China Computer Technology Research Institute, holds 33,340,738 shares, representing 5.75% of the total shares[160]. - The total number of restricted shares decreased from 5,565,750 (0.96%) to 3,487,158 (0.60%), a reduction of 2,078,592 shares[149]. Investment and R&D - Research and development investment increased by 27.09% to ¥227,761,300.13 during the reporting period[51]. - The investment amount for the reporting period was ¥3,500,000, a significant decrease of 90% compared to the previous year[67]. - The company plans to increase investment in technology research and development to address challenges posed by new technologies such as cloud computing and artificial intelligence[79]. Market Position and Strategy - The company achieved a market share of 16.8% in the integrated government service platform solution market, ranking second nationally[41]. - The company aims to become the leading digital service provider in China, aligning with national strategies like "Digital China" and "New Infrastructure"[36]. - The company is actively exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[168]. Operational Challenges - The company faced operational risks due to the COVID-19 pandemic, impacting procurement, supply chain management, and market activities[79]. - The company has not reported any significant subsidiary matters during this period[144]. Corporate Governance and Compliance - The company has committed to avoiding competition with its controlling shareholder and ensuring compliance with relevant regulations[112]. - The company emphasizes the importance of transparency and fairness in all related party transactions, following legal and regulatory requirements[15]. - The company has established measures to minimize and regulate related party transactions, adhering to market pricing principles to protect minority shareholders' interests[15]. Miscellaneous - The company did not distribute cash dividends or issue bonus shares[7]. - The company did not engage in any significant asset or equity sales during the reporting period[73][74]. - There were no significant litigation or arbitration matters during the reporting period[118].

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,566,970,738.72, representing a 14.76% increase compared to ¥1,365,389,807.96 in the same period last year[9] - Net profit attributable to shareholders was ¥19,723,624.84, up 40.68% from ¥14,019,752.87 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥14,571,917.56, reflecting a 49.73% increase from ¥9,732,004.53 in the previous year[9] - The company reported a total of 39,661 common shareholders at the end of the reporting period[13] - The company’s total comprehensive income amounted to CNY 19,723,624.84, compared to CNY 14,019,752.87 in the previous period, reflecting a significant increase[69] Cash Flow - The net cash flow from operating activities was -¥1,965,789,375.42, a decline of 118.42% compared to -¥899,983,705.39 in the same period last year[9] - The cash flow from operating activities showed a net outflow of ¥1,095,056,133.27, compared to a net outflow of ¥232,617,591.26 in the previous period, indicating a significant increase in cash outflow[84] - Total cash inflow from financing activities was ¥620,000,000.00, up from ¥575,000,000.00 in the previous period, reflecting a 7.83% increase[83] - The net cash flow from financing activities improved to ¥513,133,444.45 from a negative cash flow of ¥58,889,171.88 in the previous period, indicating a positive turnaround[87] - The total cash inflow from operating activities was ¥1,154,127,537.48, slightly down from ¥1,155,735,735.39, indicating a marginal decline[84] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,137,705,558.43, down 2.80% from ¥13,516,118,964.90 at the end of the previous year[9] - Total liabilities decreased from ¥9,743,696,791.60 to ¥9,345,639,471.73, a reduction of 4.08%[48] - The company's total equity increased from ¥3,772,422,173.30 to ¥3,792,066,086.70, reflecting a growth of 0.52%[51] - Cash and cash equivalents decreased significantly from ¥2,756,639,241.10 to ¥1,227,357,109.48, representing a decline of 55.49%[42] - Accounts receivable increased by 22.83% from ¥2,395,566,034.80 to ¥2,943,838,243.82[42] Research and Development - Research and development expenses increased by 112.87% to RMB 51.22 million, reflecting a significant rise in investment in R&D[22] - Research and development expenses increased significantly to ¥51,222,616.41, compared to ¥24,062,653.53, marking a 112.5% rise[63] - Research and development expenses increased to CNY 18,422,109.83 from CNY 5,340,016.30, representing a rise of 245.5%[70] Shareholder Information - The largest shareholder, China Electronics Taiji Group Co., Ltd., held 33.09% of the shares, totaling 191,830,637 shares[13] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[17] Government Support - The company received government subsidies amounting to ¥5,342,942.70 during the reporting period[9] - The company received CNY 20,263,051.18 in tax refunds, compared to CNY 4,648,718.58 in the previous period, showing a significant increase[81] Business Growth - In Q1 2021, the company achieved a total contract amount of RMB 4.667 billion, a year-on-year increase of 358.87%[22] - The company signed contracts worth RMB 4.667 billion in the first quarter, indicating strong growth in its core business areas[22] - The company is focusing on expanding its "cloud + data + application + ecosystem" model, which has shown promising results in the new infrastructure sector[22] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[57]

Financial Performance - The company's operating revenue for 2020 was ¥8,532,609,638.35, representing a 20.81% increase from ¥7,062,735,038.19 in 2019[29]. - The net profit attributable to shareholders for 2020 was ¥368,695,901.99, a 9.94% increase compared to ¥335,358,813.75 in 2019[29]. - The net cash flow from operating activities improved significantly to ¥1,083,975,054.56, a 483.63% increase from a negative cash flow of ¥282,559,563.34 in 2019[29]. - The total assets at the end of 2020 reached ¥13,516,118,964.90, marking a 26.84% increase from ¥10,656,021,786.93 at the end of 2019[29]. - The company reported a basic earnings per share of ¥0.6373 for 2020, down 21.55% from ¥0.8124 in 2019[29]. - The weighted average return on equity for 2020 was 10.90%, slightly down from 11.26% in 2019[29]. - The total revenue for 2020 reached ¥8,532,609,638.35, representing a year-on-year increase of 20.81% from ¥7,062,735,038.19 in 2019[66]. - The revenue from the government sector was ¥3,800,579,720.09, accounting for 48.76% of total revenue, with a growth of 10.35% compared to the previous year[66]. - The total cash inflow from operating activities for 2020 was ¥9,388,596,960.68, representing a year-on-year increase of 23.72% compared to ¥7,588,797,745.81 in 2019[93]. - The total cash outflow from financing activities increased by 143.11% to ¥3,371,961,634.63 in 2020, compared to ¥1,386,993,741.75 in 2019[96]. Strategic Focus and Development - The company aims to become the most excellent digital service provider in China, focusing on customer needs and enhancing data value to accelerate digital transformation[6]. - Taiji Computer plans to implement a dual-driven development model of "innovation + capital" to enhance its industrial system and accelerate business transformation[8]. - The strategic focus for 2021 includes promoting digital transformation and seeking high-quality development, with goals to expand horizontally, deepen industry engagement, and strengthen product offerings[8]. - Taiji Computer is committed to increasing R&D investment to support the development of its "cloud + data + application + ecosystem" model[6]. - The company recognizes the importance of data as a production factor and aims to transform data from an "important resource" to an "important asset" during the 14th Five-Year Plan period[5]. - The company is positioned as a core industry platform for the digital transformation of China Electronics Technology Group Corporation[6]. - The company plans to focus on digital government, digital enterprises, and digital public safety as part of its strategy during the 14th Five-Year Plan, aiming to become a leading digital service provider in China[136]. - For 2021, the company aims to enhance its core positioning in the network information sector, focusing on key industry solutions and promoting digital transformation for high-quality development[136]. Research and Development - Research and development expenses amounted to ¥59,824.71 million, a 40.91% increase year-on-year, constituting 7.01% of total revenue[59]. - The company launched three new products in 2020, including the Taiji inf-link IoT platform, Taiji Streaming data processing platform, and Taiji Cloud management platform[59]. - The company has focused on cloud services, network security, and smart applications as part of its strategic direction[42]. - The company’s R&D investment amounted to ¥598,247,087.64 in 2020, a 40.91% increase from 2019, constituting 7.01% of operating revenue[84]. - R&D personnel increased by 11.37% to 2,057, making up 42.48% of the total workforce[85]. Risks and Challenges - The company faces risks related to industry policies, technology, and business innovation, which investors should be aware of[12]. - The company has identified policy, technology, and business innovation risks, and plans to adjust its strategies accordingly to mitigate these risks[137]. Shareholder and Dividend Information - The company reported a profit distribution plan of 1.91 RMB per 10 shares, based on a total of 579,641,125 shares[12]. - The total cash dividend amount for 2020 is CNY 110,711,454.88, which accounts for 30.03% of the net profit attributable to ordinary shareholders in the consolidated financial statements[146]. - The cash dividend amount for 2019 was CNY 100,717,715.61, also representing 30.03% of the net profit attributable to ordinary shareholders[146]. - The cash dividend amount for 2018 was CNY 95,200,305.33, which accounted for 30.11% of the net profit attributable to ordinary shareholders[146]. - The total distributable profit for the reporting period is CNY 1,054,951,420.56, with cash dividends constituting 100% of the profit distribution[150]. - The company has committed to ensuring that cash dividends will constitute at least 20% of the profit distribution in cases of significant capital expenditures[150]. Corporate Governance and Compliance - The company has fulfilled its commitments regarding avoiding competition and protecting shareholder interests as outlined in various agreements[151]. - China Electronics Corporation (CEC) has committed to avoiding competition with Taiji Computer Co., Ltd. and its subsidiaries, ensuring no direct or indirect business operations that may compete with Taiji's main business[157]. - CEC will take effective measures to prevent any competitive activities between itself and Taiji, ensuring Taiji's healthy and sustainable development[157]. - CEC has pledged to reduce and regulate related party transactions with Taiji, adhering to market pricing principles to protect the interests of minority shareholders[158]. - The commitment to avoid competition and regulate related transactions is legally binding and effective as long as CEC remains the controlling shareholder of Taiji[158]. - Taiji's current major shareholders have not engaged in any business that competes with Taiji's main operations, ensuring independence and compliance with regulatory requirements[162]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[166]. Mergers and Acquisitions - The company completed the absorption merger of Beijing Huidian Technology Co., Ltd. with Beijing Boyun Haoya Technology Development Co., Ltd. in September 2020, and the latter is no longer included in the consolidated financial statements[75]. - The company also completed the absorption merger of Taiji Smart Travel Information Technology Co., Ltd. in November 2020, which is similarly excluded from the consolidated financial statements[169]. - Four new subsidiaries were established by Beijing Taiji Information System Technology Co., Ltd. from February to August 2020, and these subsidiaries are now included in the consolidated financial statements[169]. Investment and Capital Management - The company has committed to using raised funds in accordance with the planned investment projects, ensuring compliance with regulatory guidelines[126]. - The company committed to using no more than RMB 550 million of the raised funds for cash management, with RMB 100 million in fixed deposits, RMB 120 million in structured deposits, RMB 40 million in large certificates of deposit, and RMB 19.93 million in notice deposits as of December 31, 2020[128]. - The company has pre-invested CNY 111.6642 million in projects using self-raised funds prior to the fundraising completion, which has been confirmed by an auditing firm[125]. - The total amount of raised funds remains at CNY 98.6715 million, with no reported surplus or changes in the intended use[126].