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].

Financial Performance - The company's operating revenue for 2019 was CNY 3,464,151,444.58, representing a 21.06% increase compared to CNY 2,861,555,260.70 in 2018[14] - The net profit attributable to shareholders for 2019 was CNY 235,072,017.67, a decrease of 46.46% from CNY 439,076,938.97 in 2018[14] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 190,912,170.61, down 53.36% from CNY 409,300,928.56 in the previous year[14] - The net cash flow from operating activities increased by 41.58% to CNY 640,918,549.42, compared to CNY 452,703,109.14 in 2018[14] - The total assets at the end of 2019 were CNY 6,167,316,188.03, reflecting a 10.02% increase from CNY 5,605,752,562.97 at the end of 2018[14] - The net assets attributable to shareholders increased by 2.40% to CNY 3,269,226,858.97, compared to CNY 3,192,457,123.40 at the end of 2018[14] - The basic earnings per share for 2019 were CNY 0.2087, a decrease of 46.80% from CNY 0.3923 in 2018[14] - The diluted earnings per share were CNY 0.2086, down 46.76% from CNY 0.3918 in the previous year[14] - The weighted average return on equity was 7.47%, a decline of 6.67% from 14.14% in 2018[14] Dividend Distribution - The company plans to distribute a cash dividend of CNY 1 per 10 shares, totaling CNY 113,047,717.60 based on 1,130,477,176 shares[4] - The total cash dividend paid in 2019 amounted to 113,047,717.60 CNY, representing 48.09% of the net profit attributable to ordinary shareholders[142] - In 2018, the total cash dividend was 225,310,387.80 CNY, accounting for 51.31% of the net profit attributable to ordinary shareholders[142] - The company has established a differentiated cash dividend policy to ensure sustainable returns to investors while considering its development needs[139] - The company emphasizes the importance of protecting the rights of minority shareholders in its dividend distribution policy[139] - The cash dividend policy is compliant with the company's articles of association and has undergone proper decision-making procedures[140] - The company has a three-year shareholder return plan for 2019-2021 to enhance its dividend mechanism[139] Business Segments and Growth - The digital cost management business segment is transitioning to a SaaS model, reflecting a shift from software sales to service provision[29] - The digital cost management segment generated a reported revenue of 2.452 billion yuan, with a year-on-year growth of 19.17%, and cloud revenue reached 921 million yuan, up 148.84%[49] - The digital construction segment reported revenue of 853 million yuan, reflecting a year-on-year increase of 29.58%[52] - The company launched a digital project management platform integrating BIM and smart construction, enhancing project management capabilities[53] - The company has expanded its services to over 100 countries and regions, serving more than 200,000 enterprises and over 10 million product users[29] - The company is focusing on digital transformation in the construction industry, leveraging technologies such as BIM, cloud computing, and AI[25] - The company has identified three new business scenarios: intelligent pricing, digital management, and precise services, as part of its digital transformation strategy[28] Research and Development - R&D investment totaled RMB 1.088 billion, accounting for 31.40% of revenue, representing a year-on-year increase of 35.53%[36] - The number of R&D personnel increased by 14.45% to 2,749, representing 38.64% of the total workforce[85] - The company has established R&D centers in multiple locations, including Shanghai, Xi'an, the U.S., and Finland, enhancing its research capabilities[37] - The company holds 94 authorized patents and 786 registered software copyrights, emphasizing its commitment to intellectual property protection[47] Financial Management and Investments - The company has increased its short-term borrowings to ¥1,088,621,731.90, accounting for 17.65% of total liabilities, primarily to enhance liquidity by replacing company bonds[1] - The company has made significant equity investments, including ¥100,000,000.00 in Guoneng Commercial Factoring Co., Ltd., representing a 100% stake[109] - The company reported no overdue amounts from its entrusted financial management activities[185] - The total amount of entrusted financial management reached 60,079.5 million, with a total return of 628.92 million[188] Compliance and Governance - The company has maintained strict compliance with commitments made to minority shareholders, ensuring timely fulfillment[145] - The company has not reported any significant changes in the financial performance forecast for its assets or projects during the reporting period[146] - The company has executed new financial instrument standards, which may require retrospective adjustments but have not had a significant impact on the current reporting period[150] - The company has not reported any significant accounting errors or restatements during the reporting period[153] Strategic Initiatives - The company is focusing on cloud transformation and expanding new business areas, with employee-related cash payments increasing by 25.83% to CNY 2,114,011,018.43[95] - The company is committed to becoming a leading digital construction platform service provider, focusing on deep integration with the construction industry[125] - The company anticipates steady growth in operating performance for 2020 as part of its "Eight Three" strategic plan[126] - The company is actively enhancing its talent system and establishing a multi-layered incentive mechanism to attract and retain skilled professionals amid increasing competition for talent[130]

Financial Performance - Operating revenue for the third quarter reached CNY 835,025,421.44, representing a year-on-year growth of 15.51%[4] - Net profit attributable to shareholders decreased by 52.41% to CNY 69,304,015.68 compared to the same period last year[4] - Basic earnings per share fell by 52.42% to CNY 0.0619[4] - The weighted average return on equity decreased to 2.26%, down 2.58 percentage points from the previous year[4] - The company reported a net profit of CNY 61,087,703.03 for Q3 2019, compared to CNY 147,716,271.05 in Q3 2018, indicating a decrease of 58.7%[30] - The net profit for Q3 2019 was CNY 75,947,712.30, compared to CNY 153,658,417.57 in the same period last year, representing a decrease of approximately 50.6%[32] - The total profit for Q3 2019 was CNY 78,527,809.69, a decline from CNY 163,230,508.55 in the prior year[32] - The company reported a decrease in comprehensive income to CNY 171,325,169.63, compared to CNY 312,219,668.75 in the previous year[36] Cash Flow - The net cash flow from operating activities was CNY 3,395,715.87, down 96.89% year-on-year[4] - Net cash flow from operating activities improved by 9.93% to -¥152,006,015.81, attributed to increased sales collections[13] - Cash received from sales of goods and services rose by 25.65% to ¥2,449,803,441.31, indicating sustained business growth[13] - Cash flow from financing activities increased by 411.48% to ¥411,319,564.73, primarily due to increased bank borrowings[14] - The net cash flow from financing activities was CNY 411.32 million, a significant increase from negative CNY 132.05 million in the previous period[42] - The company paid CNY 1.67 billion in cash to employees, an increase from CNY 1.30 billion year-over-year[41] - The company reported a cash outflow of CNY 464.06 million related to other operating activities, compared to CNY 353.79 million in the previous period[41] Assets and Liabilities - Total assets increased by 13.24% to CNY 6,347,806,646.05 compared to the end of the previous year[4] - The total liabilities as of September 30, 2019, were ¥3,148,010,317.20, compared to ¥2,323,744,223.10 at the end of 2018, marking an increase of around 35.4%[24] - The company's total assets as of September 30, 2019, were CNY 5,524,628,426.75, up from CNY 4,879,360,844.26 at the end of 2018, indicating a growth of 13.2%[29] - The total liabilities as of September 30, 2019, were CNY 2,505,326,612.46, compared to CNY 1,793,917,984.41 at the end of 2018, reflecting an increase of 39.6%[28] - The company's short-term borrowings rose to ¥830,158,114.57 from ¥199,999,999.55, showing a substantial increase of approximately 314.1%[24] - The total cash and cash equivalents at the end of the period amounted to 1,383,383,089.35 CNY, up from 755,059,534.29 CNY year-over-year[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,463[7] - The top shareholder, Diao Zhizhong, holds 17.30% of the shares, totaling 195,064,845 shares[7] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[8] Research and Development - Research and development expenses grew by 35.32% to ¥626,180,539.53, reflecting an increase in R&D personnel salaries[12] - Research and development expenses for Q3 2019 amounted to CNY 204,449,292.61, which is an increase of 27% compared to CNY 161,021,404.09 in Q3 2018[30] - The company's R&D expenses for Q3 2019 amounted to CNY 143,626,338.91, significantly higher than CNY 81,205,947.47 in the same period last year, indicating a focus on innovation[33] Inventory and Receivables - Accounts receivable increased by 94.65% to ¥567,385,229.99 due to longer collection cycles in digital construction and marketing rhythms in digital cost estimation[10] - Inventory rose by 171.86% to ¥25,210,151.08 primarily due to an increase in purchased goods[10] - The company's inventory increased significantly to CNY 15,813,037.44 from CNY 7,869,098.81, marking a growth of 100.1% year-over-year[27] Financial Management - The company has not reported any overdue or unrecoverable amounts related to entrusted financial management, indicating a stable financial management strategy[18] - The company implemented new financial instrument accounting standards starting January 1, 2019, affecting prior comparative data[53] - The report for Q3 2019 was not audited[53] - The company has not disclosed any new product developments or market expansion strategies in the current report[53]