Financial Performance - The company's operating revenue for the first half of 2022 was ¥2,754,898,943.39, representing a 28.16% increase compared to ¥2,149,535,032.01 in the same period last year[11]. - The net profit attributable to shareholders for the first half of 2022 was ¥396,867,370.81, up 38.77% from ¥285,993,822.58 in the previous year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥369,110,289.91, a 34.59% increase from ¥274,241,105.60 in the same period last year[11]. - The basic earnings per share for the first half of 2022 was ¥0.3374, reflecting a 38.96% increase compared to ¥0.2428 in the previous year[11]. - The diluted earnings per share for the first half of 2022 was ¥0.3363, which is a 39.02% increase from ¥0.2419 in the same period last year[11]. - The weighted average return on equity for the first half of 2022 was 6.95%, an increase of 2.54% compared to 4.41% in the previous year[11]. - The company achieved total revenue of 2.77 billion yuan in the first half of 2022, representing a year-on-year growth of 27.19%[24]. - The net profit attributable to shareholders reached 397 million yuan, up 38.77% year-on-year[24]. Cash Flow and Investments - The net cash flow from operating activities for the first half of 2022 was -¥77,810,352.74, a decline of 150.60% compared to ¥153,777,125.14 in the same period last year[11]. - The company reported a significant increase in investment income, reaching ¥1,043,274.94, compared to a loss of -¥9,531,284.16 in the previous year, marking a 110.95% improvement[33]. - The net cash flow from operating activities decreased by 150.60% to -¥77,810,352.74, down from ¥153,777,125.14, mainly due to increased labor costs and slower sales collections[33]. - The company reported cash outflows from investing activities of approximately ¥840.07 million, compared to ¥530.71 million in the same period of 2021, indicating an increase of 58.2%[126]. - The company received approximately ¥300.39 million from investment recoveries, significantly higher than ¥16.72 million in the first half of 2021[125]. Research and Development - R&D investment totaled 790 million yuan, an increase of 19.14%, accounting for 28.68% of operating revenue[21]. - Research and development expenses rose by 19.14% to ¥790,068,056.14, compared to ¥663,122,653.08, driven by ongoing investments in platform development and core technology[33]. - The company is focusing on key areas such as graphic technology, artificial intelligence, and cloud computing to support business development[25]. Digital Construction and Services - The company focuses on digital construction services, providing software and solutions across the entire lifecycle of construction projects[17]. - The digital construction business is a key growth area, utilizing a "platform + components" model to offer comprehensive solutions[17]. - The digital cost management business generated revenue of 2.099 billion yuan, with a year-on-year growth of 25%[26]. - Cloud revenue from the digital cost management business was 1.56 billion yuan, making up 74.32% of the business revenue[26]. - The digital construction business achieved revenue of 500 million yuan, a year-on-year increase of 56.94%[29]. International Expansion - The company has internationalized its digital cost management products, targeting Southeast Asia and Europe markets[18]. - The digital cost internationalization efforts included partnerships with universities in Singapore and Malaysia to foster industry talent[32]. - The digital construction internationalization launched MagiCAD2023 with new AI/ML-assisted design features[32]. Strategic Planning and Management - The company emphasizes a clear strategic planning system and effective execution capabilities to enhance its competitive edge[19]. - The company is committed to digital transformation in the construction industry, aligning with national policies and market demands[16]. - The customer success indicator system has been integrated into the company's strategic management, aiming to enhance product effectiveness in supporting customer business success[25]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[2]. - The total number of shares increased from 1,189,324,758 to 1,190,788,428 due to stock option exercises, impacting earnings per share[90]. - The company's total repurchased shares amounted to 13,728,376, representing 1.1524% of total shares, with a total transaction amount of approximately RMB 848.31 million[94]. - The largest shareholder, Diao Zhizhong, holds 190,064,845 shares, representing 15.96% of total shares, with 142,548,634 shares under restriction[99]. Social Responsibility and Community Engagement - The company actively engages in social responsibility initiatives, including supporting agricultural development by purchasing unsold fruits from farmers[71]. - The company donated over RMB 300,000 in pandemic prevention materials and provided nearly 700 emergency food packages to employees in affected areas during the first half of 2022[71]. Risks and Challenges - The company operates in a complex international environment with significant economic downward pressure, but overall economic recovery is observed[16]. - The company faces risks related to technology and product development not meeting expectations, emphasizing the need for deep understanding of customer business needs[61]. Accounting and Financial Reporting - The company adheres to the accounting standards set by the Ministry of Finance and ensures that its financial statements reflect a true and complete picture of its financial status[142]. - The company recognizes expected credit losses for financial assets measured at amortized cost and those measured at fair value with changes recognized in other comprehensive income, based on reasonable and supportable information[161]. - The company measures expected credit losses for receivables and contract assets at the amount equivalent to the expected losses over the entire life of the financial instrument[162].

Financial Performance - Revenue for Q1 2022 reached ¥1,123,010,514.36, an increase of 34.65% compared to ¥834,036,024.85 in the same period last year[4] - Net profit attributable to shareholders was ¥108,780,897.31, up 41.91% from ¥76,656,251.98 year-over-year[4] - Basic earnings per share increased by 42.15% to ¥0.0924 from ¥0.0650 in the previous year[4] - Total operating revenue for Q1 2022 reached CNY 1,130,712,105.88, a 33.1% increase from CNY 848,811,626.68 in the same period last year[19] - Operating income was CNY 1,123,010,514.36, up from CNY 834,036,024.85, reflecting a growth of 34.6% year-over-year[20] - Net profit for Q1 2022 was CNY 111,922,266.39, compared to CNY 82,049,811.40 in Q1 2021, marking a 36.3% increase[20] - The net profit attributable to the parent company for Q1 2022 was ¥108,780,897.31, compared to ¥76,656,251.98 in the same period last year, representing an increase of approximately 42%[21] - The total comprehensive income attributable to the parent company for Q1 2022 was ¥31,574,126.75, up from ¥106,242,344.80 in the previous year[21] - The basic earnings per share for Q1 2022 was ¥0.0924, compared to ¥0.0650 in the same period last year, indicating a growth of approximately 42%[21] Cash Flow - Operating cash flow showed a significant decline, with a net outflow of ¥383,987,214.57, worsening by 215.32% compared to a net outflow of ¥121,777,328.48 in the previous year[4] - The net cash flow from operating activities decreased by 215.32% to -383,987,214.57 RMB compared to the same period last year, primarily due to increased personnel costs and cash payments for goods and services[10] - Cash inflow from operating activities for Q1 2022 was ¥690,783,891.89, down from ¥736,114,376.66 in the previous year, reflecting a decrease of about 6.2%[23] - The company reported a decrease in cash received from sales of goods and services, totaling ¥649,569,827.44 in Q1 2022, compared to ¥636,580,519.41 in the previous year[23] - The company experienced a significant increase in cash paid to employees, amounting to ¥720,457,009.69 in Q1 2022, compared to ¥555,899,642.04 in the same period last year, reflecting a rise of approximately 29.6%[23] - The net cash flow from investing activities increased by 98.27% to -2,060,671.32 RMB, mainly due to the maturity of financial products during the reporting period[10] - The net cash flow from financing activities decreased by 223.04% to -170,834,779.19 RMB, attributed to reduced external investments and increased payments for share repurchases[10] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,473,710,468.70, a decrease of 5.90% from ¥10,067,626,141.36 at the end of the previous year[4] - Total liabilities decreased to CNY 3,479,948,698.10 from CNY 3,794,882,433.78, a reduction of 8.3%[18] - The company's equity attributable to shareholders decreased to CNY 5,515,392,331.25 from CNY 5,787,737,027.21, a decline of 4.7%[18] - Accounts receivable increased by 57.53% to ¥779,208,191.49, attributed to rapid revenue growth and longer settlement cycles[7] - Accounts receivable increased to 779,208,191.49 RMB from 494,634,645.36 RMB year-on-year[16] - Inventory increased to 79,091,963.64 RMB from 70,893,930.79 RMB year-on-year[16] - Deferred income tax assets increased to CNY 62,624,255.12 from CNY 28,943,442.14, an increase of 116.4%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,828, with the top ten shareholders holding a combined 56.57% of shares[11] - The largest shareholder, Diao Zhizhong, holds 15.97% of shares, amounting to 190,064,845 shares[11] - The company has invested a total of 266,349.10 million RMB in fundraising projects, with a cumulative investment of 181,718.16 million RMB, representing 68.23% of the total[13] - The company repurchased a total of 13,728,376 shares, accounting for 1.1533% of the total shares, with a total transaction amount of 848,308,718.67 RMB[15] Research and Development - Research and development expenses rose by 20.98% to ¥308,757,522.32, reflecting ongoing investment in technology platforms and new product development[9] - Research and development expenses increased to CNY 308,757,522.32 from CNY 255,223,630.14, a rise of 20.9% year-over-year[20] Other Income - Other income increased by 144.13% to ¥30,775,108.79, mainly due to government subsidies recognized during the reporting period[9]

Dividend Policy - The company plans to distribute a cash dividend of 3 RMB per 10 shares to all shareholders, based on the total share capital on the record date for the profit distribution plan in 2022[2]. - The company implemented a cash dividend policy, distributing a cash dividend of 3.00 CNY per 10 shares for the 2021 fiscal year, totaling 357,090,405.90 CNY[124]. - The cash dividend for 2020 was 2.50 CNY per 10 shares, amounting to 296,552,248.00 CNY, which represented 89.76% of the net profit attributable to ordinary shareholders[125]. - In 2019, the cash dividend was 1.00 CNY per 10 shares, totaling 113,047,717.60 CNY, which accounted for 48.09% of the net profit attributable to ordinary shareholders[126]. - The total cash dividend (including other methods) for 2021 was 1,401,564,257.64 CNY, representing 212.05% of the net profit attributable to ordinary shareholders[126]. - The company has established a differentiated cash dividend policy to ensure sustainable returns to investors while considering the company's development needs[122]. - The cash dividend amount for 2021 was based on a total share capital of 1,190,301,353 shares as of March 25, 2022, excluding repurchased but not canceled shares[127]. - The company has a three-year shareholder dividend return plan for 2019-2021, aiming to enhance the dividend mechanism and protect minority shareholders' rights[122]. - The company has not proposed a cash dividend distribution plan for the current reporting period, despite having positive distributable profits[126]. - The independent directors fulfilled their responsibilities in the decision-making process regarding the cash dividend policy, ensuring compliance with regulations[123]. - The company has not made any adjustments to the cash dividend policy during the reporting period[123]. Financial Performance - The company's operating revenue for 2021 was ¥5,562,216,443.14, representing a 40.92% increase compared to ¥3,947,083,029.86 in 2020[11]. - The net profit attributable to shareholders for 2021 was ¥660,974,286.88, a 100.06% increase from ¥330,388,350.03 in 2020[11]. - The net profit after deducting non-recurring gains and losses for 2021 was ¥651,128,119.78, up 115.93% from ¥301,547,467.71 in 2020[11]. - The basic earnings per share for 2021 was ¥0.5636, a 96.58% increase from ¥0.2867 in 2020[11]. - The total assets at the end of 2021 were ¥10,067,626,141.36, reflecting a 5.45% increase from ¥9,547,097,154.33 at the end of 2020[11]. - The net assets attributable to shareholders decreased by 9.60% to ¥5,787,737,027.21 at the end of 2021 from ¥6,402,241,169.54 at the end of 2020[11]. - The company reported a net cash flow from operating activities of ¥1,601,350,833.93, down 14.65% from ¥1,876,130,837.67 in 2020[11]. - In 2021, the company achieved total revenue of 5.619 billion yuan, a year-on-year increase of 40.32%[27]. - The net profit attributable to shareholders reached 661 million yuan, reflecting a year-on-year growth of 100.06%[27]. - The company's R&D investment amounted to 1.626 billion yuan, accounting for 29.23% of total revenue[28]. - The digital cost management business generated revenue of 3.813 billion yuan, up 36.64% year-on-year[31]. - The cloud revenue from digital cost management was 2.561 billion yuan, representing a 57.91% increase compared to the previous year[32]. - The company signed cloud contracts worth 3.1 billion yuan, a year-on-year increase of 38.77%[31]. - The balance of cloud contract liabilities at the end of the reporting period reached 2.047 billion yuan, an increase of 537 million yuan compared to the beginning of the year[31]. - The company reported a significant increase in labor costs, rising by 272.40% to ¥151,779,770.22, which now constitutes 17.00% of the total operating costs[51]. - The total cash inflow from operating activities was ¥6,651,730,939.31, reflecting a 24.12% increase from the previous year[63]. - The company reported a net cash outflow from investment activities of ¥1,541,382,490.06, an increase of 121.30% compared to the previous year[64]. - The cash and cash equivalents net increase decreased by 130.62% year-on-year[64]. Strategic Planning and Development - The company is currently under the eighth three-year strategic plan, which spans from 2020 to 2022, and is preparing for the ninth three-year strategic plan from 2023 to 2025[4]. - The company emphasizes the importance of risk awareness regarding forward-looking statements related to future development plans and operational goals[2]. - The company has established a clear strategic goal to become a global leader in digital construction platform services, aiming to reduce costs and carbon emissions while ensuring quality and safety[22]. - The company aims to become a "global leading digital building platform service provider" and will focus on deep integration with the construction industry to meet customer needs[87]. - The company is committed to digital transformation and will establish a customer success and business success indicator system to optimize marketing and service processes[89]. - The company plans to leverage new technologies such as prefabricated construction and building robots to promote intelligent construction and green building practices[17]. - The company is investing 200 million RMB in research and development for innovative technologies in the construction sector over the next two years[101]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next three years[103]. - A strategic acquisition of a local software firm is anticipated to enhance the company's technological capabilities and broaden its service offerings[102]. - The company is exploring potential acquisitions in the smart building sector to enhance its service offerings[107]. Research and Development - The company reported a total R&D investment of 1.626 billion yuan, accounting for 29.23% of revenue, with a year-on-year growth of 21.41%[23]. - The digital construction business is a key growth area, focusing on project management solutions, with low market penetration[22]. - The digital cost business is a mature segment, primarily offering SaaS products and services to construction project participants[22]. - The innovation business unit focuses on supporting the transformation of the construction industry through various dimensions, including project management and talent development[22]. - The company has made significant investments in key technology areas such as AI, cloud computing, and IoT to maintain its competitive edge[24]. - The company has a strong talent development strategy, focusing on nurturing leadership and technical expertise within its workforce[25]. - The company is developing a new BIM design product suite to meet market demands, with some products already in the prototype design phase[58]. - The company has launched a new incentive plan for 2021 to maintain the stability and motivation of core talent[26]. - The number of R&D personnel increased to 3,933 in 2021, a growth of 19.58% compared to 2020[59]. - R&D investment amounted to ¥1,626,065,645.69 in 2021, representing a 21.41% increase from ¥1,339,352,933.26 in 2020[59]. - R&D investment as a percentage of operating revenue decreased to 29.23% in 2021 from 33.93% in 2020, a decline of 4.70%[59]. Market Expansion and Customer Engagement - The company emphasizes a customer-centric approach in its R&D, product, and sales service models to enhance customer value and experience[24]. - The company has established strategic partnerships in Southeast Asia, including collaborations with JTC in Singapore and N3C in Malaysia for digital transformation solutions[39]. - The digital project integration management platform project has an investment of ¥337,779,828.11 and is currently under development[61]. - The company launched a digital infrastructure solution in June 2021, addressing remote management challenges in infrastructure projects[36]. - The "Square Network" B2B platform established a supplier database of 300,000 suppliers, facilitating 30,000 procurement requests[38]. - The project-level BIM+Smart Construction series products helped clients save approximately 3% on material costs through digital management[34]. - The company’s digital supply chain financial services have supported over 300 construction units, enhancing efficiency in the construction industry[38]. - The digital design unit introduced the new BIMSpace 2022 version, improving design efficiency and quality in construction projects[37]. - The company has implemented cost-cutting measures that are projected to save approximately 50 million yuan annually[107]. Governance and Compliance - The company emphasizes the importance of employee engagement and creativity through a compensation system that includes both base and dynamic excess packages[119]. - The company has established an independent personnel management system, with employee compensation strictly separated from other enterprises controlled by shareholders[95]. - The financial department operates independently, adhering to accounting standards and maintaining separate bank accounts, allowing the company to make independent financial decisions[95]. - The company held its 2020 Annual General Meeting with a participation rate of 59.89% on April 26, 2021, and the 2021 First Extraordinary General Meeting with a participation rate of 61.82% on September 17, 2021[96]. - The company’s board of directors and senior management have not experienced any resignations or dismissals during the reporting period[98]. - The total number of shares held by the chairman, Diao Zhizhong, is 1,900,648,845, with no changes during the reporting period[97]. - The company’s senior vice president, Wang Aihua, increased her shareholding to 4,987,739 shares due to stock incentive grants[98]. - The company’s financial independence is supported by a complete accounting system and independent tax obligations[95]. - The company has a fully independent business operation capability, including procurement, production, and marketing systems[95]. - The board of directors emphasized a commitment to sustainability and digital transformation as key components of the company's long-term strategy[101]. - The company has established a risk map to align audit plans with identified risk points, enhancing overall governance[139]. - The company reported zero significant deficiencies in financial reporting controls and zero significant deficiencies in non-financial reporting controls for the reporting period[144]. - The company has established quantitative standards for evaluating internal control deficiencies, with a threshold of 3% of operating revenue for general deficiencies and 5% for major deficiencies[144]. Shareholder Structure and Equity Incentives - The total number of ordinary shareholders at the end of the reporting period was 33,460[180]. - The largest shareholder, Diao Zhizhong, holds 15.98% of the shares, totaling 190,064,845 shares[183]. - Hong Kong Central Clearing Limited holds 11.05% of the shares, totaling 131,378,229 shares, with an increase of 5,334,319 shares during the reporting period[183]. - The company has not reported any significant differences between transaction prices and market reference prices[161]. - The company has implemented a stock option and restricted stock incentive plan to enhance employee motivation and retention[176]. - The company granted 5,440,900 restricted stocks to 345 individuals at a price of 30.48 CNY per share on November 3, 2021[134]. - The stock option and restricted stock incentive plan incurred an expense of 146.19 million yuan, impacting net profit by 20.27%[138]. - The company plans to unlock 40% of the restricted shares after 12 months, 30% after 24 months, and 30% after 36 months for the equity incentive objects[176]. - The total number of restricted shares held by other incentive objects is 7,051,900 shares after adjustments[176]. - The company completed the cancellation of 128,940 stock options on November 30, 2021[131]. - A total of 778,000 restricted stocks were granted to 5 incentive objects under the 2020 stock option and restricted stock incentive plan[131]. - The company repurchased and canceled 58,000 restricted stocks due to the departure of certain incentive objects[132]. - On December 31, 2021, the company executed the first exercise period of stock options, with 472,400 options exercised at a price of 55.14 CNY per share[133]. - The company granted 220,000 restricted stocks to 2 individuals at a price of 30.48 CNY per share on January 7, 2022[135]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements related to future development plans and operational goals[2]. - The company faces risks from external factors such as the COVID-19 pandemic, which may impact contract delivery and overseas business development[90]. - There is a risk of technology and product development not meeting expectations, which could affect product design and alignment with customer needs[90]. - The company is actively protecting its intellectual property rights to mitigate risks associated with potential infringements[91]. - The company plans to enhance its governance structure in compliance with relevant laws and regulations to improve operational standards[93]. Audit and Compliance - The company has maintained its accounting firm, Lixin Certified Public Accountants, for 9 consecutive years, with an audit fee of ¥800,000[157]. - The audit opinion for the financial statements was a standard unqualified opinion, issued on March 25, 2022[193]. - The company did not experience any changes in its controlling shareholder during the reporting period[186]. - The company did not conduct any repurchase transactions among its top ten shareholders during the reporting period[185]. - The company’s revenue recognition process was identified as a key audit matter due to its complexity and significance[196]. - Management evaluated key input values such as rising rates and costs against past performance and forecasts[199]. - The company conducted a retrospective review comparing the previous year's forecasts with the current year's performance to assess the reliability of management's forecasting process[199].

Financial Performance - The company's revenue for Q3 2021 reached ¥1,406,478,977.91, representing a 45.66% increase year-over-year[4] - Net profit attributable to shareholders was ¥189,383,874.72, an increase of 89.86% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥180,225,143.97, up 87.65% year-over-year[4] - Operating revenue increased by 39.74% to approximately CNY 3.56 billion, driven by rapid growth in digital cost management business[9] - Net profit for the current period was ¥512,860,381.62, compared to ¥260,385,084.23 in the previous period, indicating a growth of 96.7%[21] - Basic earnings per share increased to ¥0.4024 from ¥0.2007, reflecting a 100.8% rise[22] - The company reported a total profit of ¥531,901,711.49, up from ¥303,280,271.77, which is an increase of 75.3%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,856,548,070.69, reflecting a 3.24% increase from the end of the previous year[4] - Total liabilities amounted to RMB 3,179,391,785.11, compared to RMB 2,989,286,242.14 in the previous year[19] - The company's equity attributable to shareholders increased to RMB 6,194,769,509.50 from RMB 6,402,241,169.54 year-over-year[19] - Total assets reached RMB 9,856,548,070.69, an increase from RMB 9,547,097,154.33 at the end of 2020[18] - Total liabilities decreased to CNY 2,989,286,242.14 from CNY 3,049,363,808.70, a reduction of CNY 60,077,566.56[28] Cash Flow - The company's cash flow from operating activities decreased by 53.34% year-to-date, totaling ¥477,661,061.05[4] - Net cash flow from operating activities decreased by 53.34% to approximately CNY 477 million, mainly due to loan recoveries in the previous year[11] - Cash generated from operating activities was ¥3,920,562,781.93, compared to ¥3,189,758,080.99 in the previous period, marking a growth of 22.9%[22] - Operating cash inflow totaled CNY 4,165,866,280.06, an increase from CNY 3,366,694,968.50 in the previous year, reflecting a growth of approximately 23.7%[23] - Net cash outflow from investing activities was CNY -1,204,489,989.19, compared to CNY -1,065,817,329.20 in the same period last year, indicating a decline in investment cash flow[24] Investments and Shareholder Actions - The company has made substantial investments in long-term equity, with a 25.42% increase, totaling ¥320,402,133.45[8] - The company has initiated a share buyback program, resulting in a significant increase in treasury stock by 186.84%[8] - The company completed a share repurchase of 5,983,476 shares, accounting for 0.50% of total shares, with a total transaction amount of RMB 399,982,487[15] - The company approved a new share repurchase plan with a total amount between RMB 8 billion and RMB 10 billion, with a maximum repurchase price of RMB 80 per share[15] - The company has invested CNY 37.12 million in fundraising projects during the reporting period, with an overall investment progress of 58.86%[14] Operational Metrics - The company reported a significant increase in accounts receivable by 64.29%, amounting to ¥693,508,378.54, due to rapid revenue growth[7] - Inventory increased by 206.38% to ¥80,658,730.29, primarily due to the rise in purchased goods and raw materials[7] - Operating costs rose by 77.71% to approximately CNY 446 million, primarily due to increased costs associated with solution-related business growth[9] - R&D expenses increased by 28.50% to approximately CNY 911 million, reflecting continued investment in research and development[9] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] - The company continues to focus on market expansion and new product development as part of its strategic initiatives[29] Other Financial Information - The company's cash and cash equivalents decreased to RMB 3,609,845,211.48 as of September 30, 2021, down from RMB 4,796,946,803.46 at the end of 2020[16] - The third-quarter report was not audited, which may impact the reliability of the financial data presented[29]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,579,243,225.11, representing a 36.11% increase compared to the same period last year[11]. - The net profit attributable to shareholders of the listed company reached CNY 130,027,888.59, marking a significant increase of 119.95% year-on-year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 111,702,039.15, up by 145.51% compared to the previous year[11]. - The basic earnings per share increased to CNY 0.1152, reflecting a growth of 110.76% year-on-year[11]. - The diluted earnings per share rose to CNY 0.1142, an increase of 111.82% compared to the same period last year[11]. - The total revenue for the reporting period reached 2.178 billion yuan, representing a year-on-year growth of 35.36%[26]. - The net profit attributable to shareholders was 286 million yuan, showing a year-on-year increase of 119.95%[26]. - The company achieved a gross margin of 88.73% in the first half of 2021, reflecting effective cost management despite increased sales and administrative expenses[35]. Cash Flow and Assets - The net cash flow from operating activities was CNY 589,650,352.13, which decreased by 73.92% compared to the previous year[11]. - The company's operating cash flow decreased by 73.92% compared to the previous year, primarily due to strategic adjustments in the financial business[35]. - The total assets at the end of the reporting period were CNY 9,547,097,154.33, showing a slight decrease of 0.72% from the end of the previous year[11]. - The net cash flow from investment activities was -¥405,902,191.22, an increase of 111.77% compared to -¥191,671,985.00 from the previous year, primarily due to increased expenditures on the Xi'an base construction and project development[37]. - Cash and cash equivalents decreased by 130.76% to -¥758,261,648.53 from ¥2,464,853,589.04 in the previous year, mainly due to the absence of non-public offering funds received in the same period last year[37]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥4,037,694,016.65, accounting for 42.60% of total assets, a decrease of 7.65% from the previous year[45]. Business Segments and Growth Areas - The company's digital cost management business is a mature segment, providing software products and data services, primarily through a subscription-based SaaS model[18]. - The digital construction business is a key growth area, focusing on project management and offering platform-based solutions, with low market penetration[18]. - The digital design business is an emerging segment, providing integrated solutions for design institutes, with leading products in the market[18]. - The company has established a clear strategic goal to become a global leader in digital building platform services, aiming to reduce costs and carbon emissions while ensuring quality and safety[21]. - The digital cost management business generated revenue of 1.679 billion yuan, with a year-on-year growth of 45.80%[27]. - The digital construction business signed new contracts exceeding 100% growth compared to the same period last year, with project-level BIM+Smart Site contracts accounting for approximately 85% of new contracts[30]. Research and Development - The company invested a total of 663 million yuan in R&D, accounting for 30.85% of its revenue, with a year-on-year increase of 9.64%[22]. - Research and development expenses increased to ¥556,652,505.76, up from ¥478,102,954.98, indicating a focus on innovation[110]. - The company's research and development expenses for the first half of 2021 were approximately ¥339.33 million, compared to ¥320.31 million in the same period of 2020, indicating a continued investment in innovation[113]. International Expansion - The company is expanding its international presence, with digital cost management products targeting Southeast Asia and digital construction products covering the European market[19]. - The company expanded its international business, achieving revenue of CNY 0.75 billion, a year-on-year increase of 3.63%, with significant recovery in key regions like Hong Kong and Malaysia[34]. Risk Management and Corporate Governance - The company emphasizes the importance of risk awareness regarding forward-looking statements in its future development plans[2]. - The company faces risks from uncertainties related to the COVID-19 pandemic, which may impact macroeconomic conditions and overseas business development[57]. - The company emphasizes a customer-centric product development system to mitigate risks associated with inadequate understanding of customer needs during the industry's transformation[60]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[2]. - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased capital through reserves[63]. - The total number of shares before the change was 1,185,714,628, with 1,938,320 new shares issued, resulting in a total of 1,187,652,948 shares after the change[86]. - The company approved a share repurchase plan with a total fund of no less than RMB 300 million and no more than RMB 400 million, with a maximum repurchase price of RMB 80 per share[90]. Environmental and Social Responsibility - The company promotes green operations by implementing smart control systems to reduce energy consumption and encouraging paperless office practices[68]. - The company advocates for green commuting by encouraging employees to use public transportation and replacing fuel vehicles with electric ones for commuting[69]. - The company has not initiated any plans related to poverty alleviation or rural revitalization during the reporting period[70]. Compliance and Legal Matters - The half-year financial report was not audited[71]. - The company did not experience any major litigation or arbitration matters during the reporting period[72]. - There were no penalties or rectification situations during the reporting period[72].

Financial Performance - The company's revenue for Q1 2021 was ¥834,036,024.85, representing a 52.21% increase compared to ¥547,949,298.80 in the same period last year[3]. - Net profit attributable to shareholders was ¥76,656,251.98, up 44.71% from ¥52,971,944.97 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥75,179,421.06, reflecting a 57.53% increase from ¥47,722,895.19 in the previous year[3]. - The basic earnings per share increased to ¥0.0650, a rise of 38.00% compared to ¥0.0471 in the same period last year[3]. - The diluted earnings per share also rose to ¥0.0648, marking a 38.46% increase from ¥0.0468 year-on-year[3]. - The total comprehensive income for the period was approximately ¥111.64 million, compared to ¥65.81 million in the previous period, marking a growth of 69.73%[29]. - Net profit for the quarter was CNY 82.05 million, compared to CNY 59.65 million in the same period last year, marking a 37.5% increase[27]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥121,777,328.48, a decline of 538.22% compared to -¥19,080,722.74 in the previous year[3]. - The company reported a significant increase in cash received from operating activities, totaling 533,444,327.50 CNY, compared to 299,470,752.33 CNY in the previous period[35]. - Cash inflow from financing activities was 172,639,787.60 CNY, compared to 108,952,982.84 CNY in the previous period[34]. - The net cash flow from financing activities improved to 138,849,135.73 CNY, compared to -20,577,341.11 CNY in the previous period[34]. - The company's cash and cash equivalents decreased to ¥4,695,203,150.03 from ¥4,796,946,803.46, representing a decline of about 2.11%[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,759,688,802.41, an increase of 2.23% from ¥9,547,097,154.33 at the end of the previous year[3]. - The total liabilities of the company were reported at ¥2,919,816,418.88, a decrease from ¥2,989,286,242.14, showing a reduction of approximately 2.33%[24]. - The company's equity attributable to shareholders increased to ¥6,601,976,401.05 from ¥6,402,241,169.54, reflecting a growth of about 3.11%[24]. - The company's total liabilities decreased to CNY 2.27 billion from CNY 2.33 billion, a reduction of about 2.5%[26]. Research and Development - The company's R&D expenses increased by 57.23% to ¥255,223,630.14, driven by increased investment in R&D personnel and salaries[11]. - Research and development expenses amounted to CNY 255.22 million, significantly higher than CNY 162.33 million in Q1 2020, indicating a focus on innovation[27]. Inventory and Sales - The company's inventory increased by 146.75% to ¥64,960,549.15, mainly due to the increase in purchased goods and raw materials[9]. - The company reported a significant increase in sales expenses by 45.31% to ¥230,756,429.28, attributed to ongoing investments in channel development and a faster marketing pace compared to the previous year[11]. - The company experienced a significant increase in sales expenses, which rose to ¥159.03 million from ¥108.84 million, reflecting an increase of 46.00%[30]. Shareholder Activities - The company executed a share repurchase plan with a total amount not less than ¥300 million and not exceeding ¥400 million, with a repurchase price not exceeding ¥80 per share[14]. - The company engaged in investor communication activities, including a call with 390 representatives from institutions like CITIC Securities and Zhongtai Securities on March 30, 2021[20]. Other Financial Metrics - The weighted average return on equity was 1.18%, down 0.41% from 1.59% in the previous year[3]. - The company reported non-operating income of ¥1,476,830.92, primarily from government subsidies and other income[4]. - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[19]. - There were no major contracts or entrusted financial management activities reported during the period[19].

Financial Performance - The company's operating revenue for 2020 was ¥3,947,083,029.86, representing a 13.94% increase compared to ¥3,464,151,444.58 in 2019[12]. - The net profit attributable to shareholders for 2020 was ¥330,388,350.03, a 40.55% increase from ¥235,072,017.67 in 2019[12]. - The net profit after deducting non-recurring gains and losses for 2020 was ¥301,547,467.71, up 57.95% from ¥190,912,170.61 in 2019[12]. - The net cash flow from operating activities reached ¥1,876,130,837.67 in 2020, a significant increase of 192.73% compared to ¥640,918,549.42 in 2019[12]. - The total assets at the end of 2020 were ¥9,547,097,154.33, reflecting a 54.80% increase from ¥6,167,316,188.03 at the end of 2019[12]. - The net assets attributable to shareholders at the end of 2020 were ¥6,402,241,169.54, a 95.83% increase from ¥3,269,226,858.97 at the end of 2019[12]. - The company reported a basic earnings per share of ¥0.2867 for 2020, which is a 37.37% increase from ¥0.2087 in 2019[12]. - The company achieved quarterly revenues of ¥1,402,277,050.09 in Q4 2020, with a net profit attributable to shareholders of ¥100,610,258.00[15]. - In 2020, the company achieved total operating revenue of CNY 4.005 billion, a year-on-year increase of 13.10%[28]. - The net profit attributable to shareholders was CNY 330 million, reflecting a year-on-year growth of 40.55%[28]. Dividend Policy - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares to all shareholders, based on the total share capital on the record date for the profit distribution plan in 2021[2]. - The cash dividend amount for 2020 was ¥296,552,248, accounting for 89.76% of the net profit attributable to ordinary shareholders[90]. - The total cash dividend for 2020 included ¥399,970,886 distributed through other means, such as share repurchases[91]. - The cash dividend for 2020 was estimated based on a total share capital of 1,186,208,992 shares as of March 26, 2021[92]. - The company is committed to a stable profit distribution policy, ensuring long-term returns for investors while considering sustainable development[87]. Business Strategy and Operations - The company has a three-year strategic plan (2020-2022) aimed at enhancing its market position and operational efficiency[4]. - The company is committed to digital transformation in the construction industry through the integration of technologies such as BIM, cloud computing, and AI[4]. - The company is expanding its business from bidding stages to the entire lifecycle of engineering projects, offering a range of digital software and hardware products[19]. - The company aims to become a "global leading digital construction platform service provider" and will focus on deep integration with the construction industry[82]. - The digital cost management business will expand nationwide, providing comprehensive solutions to clients while enhancing the entire value chain[83]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements related to future development plans and operational goals[2]. - The company acknowledges risks related to the COVID-19 pandemic, which may impact macroeconomic conditions and overseas business development[84]. - The company has established a knowledge protection system to safeguard its intellectual property rights against potential infringements[84]. Research and Development - R&D investment totaled 1.339 billion CNY, representing 33.93% of total revenue, with a year-on-year growth of 23.13%[24]. - The number of R&D personnel increased by 19.64% to 3,289, representing 40.05% of the total workforce[55]. - The company has obtained 191 authorized patents and registered 907 software copyrights by the end of 2020[29]. - The company is focusing on integrating new technologies such as AI and big data into its construction services, enhancing its competitive edge[54]. Acquisitions and Investments - The company acquired Luoyang Hongye Information Technology Co., Ltd., resulting in a significant increase in goodwill[22]. - The company completed its first equity financing since listing, raising nearly CNY 2.7 billion in June 2020[29]. - The company has committed to several investment projects, including a cost data and AI application project with a total investment of CNY 25,000 million, of which CNY 3,296.51 million has been invested[75]. Corporate Governance - The company has maintained its financial reporting integrity, ensuring the accuracy and completeness of its annual report[2]. - The company has engaged Lixin Certified Public Accountants for auditing services, ensuring compliance and transparency in financial reporting[10]. - The audit opinion issued for the financial statements was a standard unqualified opinion, confirming fair representation of the company's financial status as of December 31, 2020[195]. - The company has a comprehensive performance evaluation system for senior management, linking annual performance to compensation and bonuses[189]. Market Expansion - The company is focused on expanding its digital city business, leveraging existing projects to enhance its CIM platform and explore new application scenarios[84]. - Market expansion efforts include entering three new provinces, which are projected to increase market share by 10%[172]. - The company is exploring potential acquisitions to enhance its technological capabilities and market presence[172]. Employee Management - The total number of employees in the company is 8,213, with 3,289 in technical roles and 3,281 in sales roles[175]. - The company has established a multi-layered compensation system to motivate employees, including a base salary package and a dynamic excess package[177]. - The company completed approximately 80 training projects with over 3,000 training sessions throughout the year, enhancing employee skills[178]. Shareholder Engagement - The company has conducted multiple investor communications, including phone calls and on-site visits, to engage with stakeholders throughout 2020[85]. - The company held four shareholder meetings during the reporting period, with participation rates of 43.98%, 51.84%, 57.10%, and 58.70% respectively[184]. Financial Management - The company has a clear and transparent cash dividend policy, ensuring that minority shareholders' rights are adequately protected[88]. - The company has not reported any changes in the feasibility of its investment projects[75]. - The company has not encountered any legal disputes related to its investments[69].

Financial Performance - Operating revenue for the third quarter was ¥965,562,754.66, representing a year-on-year growth of 15.63%[3] - Net profit attributable to shareholders was ¥99,750,203.44, up 43.93% year-on-year[3] - Basic earnings per share increased to ¥0.0846, a rise of 36.67% compared to the same period last year[3] - The company reported a net profit of ¥96,045,750.09 after deducting non-recurring gains and losses, which is a 43.99% increase year-on-year[3] - Total operating revenue for Q3 2020 reached ¥978,913,319.55, an increase from ¥857,299,618.91 in the same period last year[25] - Net profit for the period was ¥109,410,211.80, compared to ¥75,947,712.30 in Q3 2019, representing a significant increase[26] - The company's operating revenue for the current period reached ¥775,279,536.75, an increase of 19% compared to ¥651,440,624.29 in the previous period[28] - Net profit for the current period was ¥99,231,289.99, significantly up from ¥23,569,461.26 in the same period last year, representing a growth of approximately 320%[29] - The total comprehensive income for Q3 2020 was CNY 257,251,145.44, up from CNY 171,325,169.63 in the previous year, reflecting a growth of 50.29%[33] Assets and Liabilities - Total assets reached ¥8,053,225,459.73, an increase of 30.58% compared to the end of the previous year[3] - The total amount of contract liabilities rose by 59.00% to CNY 1,541,096,612.29, mainly due to increased deferred revenue from cloud services in the construction cost business[9] - The total liabilities decreased to CNY 2,182,558,708.39 from CNY 2,818,223,532.94, a reduction of approximately 22.6%[22] - The equity attributable to shareholders increased to CNY 5,777,419,361.68 from CNY 3,269,226,858.97, representing a growth of about 76.5%[22] - Total liabilities were reported at CNY 2,818,223,532.94, with current liabilities constituting CNY 2,809,308,719.73[45] Cash Flow - Net cash flow from operating activities surged to ¥434,037,532.24, reflecting a dramatic increase of 12,681.92%[3] - The net cash flow from operating activities surged by 773.45% to CNY 1,023,687,884.37, driven by business growth and the recovery of lent funds[10] - The net cash flow from operating activities for the current period is ¥1,023,687,884.37, compared to a negative cash flow of ¥152,006,015.81 in the previous period, indicating a significant improvement[38] - The total cash inflow from operating activities is ¥3,366,694,968.50, up from ¥2,658,690,672.10 in the previous period, reflecting a growth of approximately 26.5%[38] - The cash outflow for operating activities decreased to ¥2,343,007,084.13 from ¥2,810,696,687.91, resulting in a net cash flow increase[38] Shareholder Information - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[7] - The total number of ordinary shareholders at the end of the reporting period was 27,333[6] - The top shareholder, 刁志中, holds 16.04% of the shares, totaling 190,064,845 shares[6] - The company repurchased 5,728,406 shares, accounting for 0.4836% of total shares, with a total transaction amount of CNY 399,970,886[12] Research and Development - Research and development expenses amounted to ¥231,379,128.31, an increase from ¥204,449,292.61 in the previous year[26] - The company reported a 150.00% increase in development expenditures to CNY 228,322,459.38, reflecting ongoing investments in capitalized R&D projects[9] - Research and development expenses increased to CNY 709,482,083.29, up from CNY 626,180,539.53, reflecting a growth of 13.93% year-over-year[32] Financial Management - The company reported a financial income of ¥12,843,655.54, a notable increase from ¥3,481,410.19 in the previous period, indicating improved financial management[29] - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[17] - The company reported no overdue or unrecoverable amounts in its entrusted financial management activities[16] Compliance and Governance - There were no instances of non-compliance regarding external guarantees during the reporting period[17] - The company has implemented new revenue recognition standards starting January 1, 2020, affecting the financial reporting[50] - The third-quarter report was not audited, indicating a preliminary financial status[51]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,579,243,225.11, representing a 17.16% increase compared to CNY 1,347,983,105.76 in the same period last year[13]. - The net profit attributable to shareholders of the listed company reached CNY 130,027,888.59, up 45.21% from CNY 89,544,661.34 year-on-year[13]. - The net cash flow from operating activities was CNY 589,650,352.13, a significant increase of 479.44% compared to a negative cash flow of CNY -155,401,731.68 in the previous year[13]. - The total assets at the end of the reporting period amounted to CNY 8,639,979,132.24, reflecting a 40.09% increase from CNY 6,167,316,188.03 at the end of the previous year[13]. - The net assets attributable to shareholders of the listed company were CNY 6,069,789,260.24, which is an 85.66% increase from CNY 3,269,226,858.97 at the end of the previous year[13]. - The basic earnings per share increased by 46.38% to CNY 0.1152 from CNY 0.0787 in the same period last year[13]. - The diluted earnings per share rose to CNY 0.1142, marking a 43.83% increase from CNY 0.0794 year-on-year[13]. - The company's weighted average return on equity was 3.87%, up from 2.84% in the previous year[13]. - The company's total revenue for the reporting period was 1.609 billion yuan, reflecting a year-on-year growth of 16.63%, while net profit attributable to shareholders was 130 million yuan, up 45.21%[30]. - The company reported a significant increase in cash reserves due to funds from a non-public stock issuance, enhancing its financial stability[21]. Digital Transformation and Business Expansion - The company has expanded its digital cost management business, achieving cloud transformation coverage in 25 regions across China, indicating significant market penetration[20]. - The company is focusing on digital construction solutions, with a comprehensive digital project management platform developed to enhance data integration and operational efficiency[20]. - The digital construction business is a key growth area, with the company developing multiple digital applications to support construction enterprises' digital transformation[20]. - The company has maintained a strong competitive advantage through over 20 years of experience in the construction information technology sector, focusing on customer-centric and technology-driven strategies[23]. - The company has provided services to over 200,000 enterprises and millions of users globally, reflecting its extensive market reach and customer base[19]. - The company emphasizes the importance of digital transformation in the construction industry, driven by technological innovation and policy support for new infrastructure[18]. - The company completed its first equity financing since going public, raising nearly 2.7 billion yuan by issuing 53,486,529 A-shares to specific investors[29]. - The company has expanded its digital cost management services to the construction phase, creating a multi-level product portfolio to meet diverse customer needs[25]. Research and Development - The company invested a total of 605 million yuan in R&D, accounting for 38.30% of its revenue, with a year-on-year growth of 26.37%[24]. - Research and development expenses reached CNY 478,102,954.98, compared to CNY 421,731,246.92 in the first half of 2019, indicating a focus on innovation[102]. - The company has built R&D centers in multiple locations, including Beijing and the U.S., and continues to collaborate with prestigious universities to enhance its technology ecosystem[24]. Financial Management and Capital Structure - The company reported a significant decrease in investment amount, with RMB 207,083,695.22 in the current period, down 60.40% from RMB 522,881,781.61 in the same period last year[48]. - The total amount of funds raised by the company was RMB 266,349.10 million, with a net amount of RMB 266,349.10 million raised from the issuance of 53,486,529 new shares[52]. - The company reported a decrease in capital reserves of CNY 2,693,798,621.12, reflecting significant changes in equity structure[114]. - The total equity increased to CNY 6,084,588,761.75 from CNY 3,211,759,046.47, indicating a robust capital structure[100]. - The company has committed to invest RMB 25,000 million in the Big Data and AI Application Project, with a cumulative investment of RMB 2,119.14 million, achieving 8.59% of the planned progress[53]. Risks and Challenges - The company faces risks from the COVID-19 pandemic, which may impact contract delivery and overseas business development[61]. - Talent competition is intensifying, posing a risk of talent shortages or increased labor costs for the company[61]. Shareholder and Corporate Governance - The company held two temporary shareholder meetings and one annual shareholder meeting during the reporting period, with participation rates of 43.98%, 51.84%, and 57.10% respectively[64]. - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[64]. - The company has implemented an employee stock ownership plan and equity incentive measures[67]. - The company completed the repurchase and cancellation of 135,400 restricted shares due to five incentive targets leaving the company[68]. Compliance and Reporting - The half-year financial report has not been audited[66]. - The financial statements comply with the accounting standards issued by the Ministry of Finance[130]. - The company has not experienced any penalties or rectification situations during the reporting period[67]. Revenue Recognition and Accounting Policies - The company’s revenue includes software and hardware sales, operational services, and data services related to construction, with revenue recognized when control of goods or services is transferred to customers[186]. - The company applies a relative proportion method to allocate transaction prices to multiple performance obligations in contracts[186]. - The company recognizes revenue from software sales upon the customer's acquisition of the authorization code, with revenue confirmed at that point[187]. - The company recognizes contract liabilities when it has received or is entitled to receive consideration from customers before transferring goods[176].