Financial Performance - The company's operating revenue for Q1 2020 was ¥78,016,294.60, a decrease of 45.25% compared to ¥142,487,194.58 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥7,898,297.65, representing a decline of 154.19% from a profit of ¥14,574,616.42 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥14,092,471.41, a decrease of 624.50% compared to a profit of ¥2,686,838.99 last year[7] - The basic earnings per share for the reporting period was -¥0.0127, a decrease of 154.27% from ¥0.0234 in the same period last year[7] - The diluted earnings per share for the reporting period was also -¥0.0127, reflecting the same decline of 154.27% compared to the previous year[7] - The total operating revenue for the first quarter was ¥79,498,228.16, a decrease from ¥157,777,124.09 in the previous period[45] - The net profit for the first quarter was a loss of ¥8,494,634.61, compared to a profit of ¥13,565,667.29 in the same period last year[42] - The total comprehensive income for the first quarter was -¥6,415,910.82, compared to ¥11,630,218.42 in the same period last year[43] - The total operating profit (loss) was -¥8,553,470.20, compared to ¥14,430,938.86 in the previous year[42] Cash Flow - The net cash flow from operating activities was -¥54,057,446.41, a significant decline of 1,797.07% from -¥2,849,530.08 in the same period last year[7] - The cash inflow from operating activities was 94,341,112.68 CNY, a decrease from 221,224,359.66 CNY in the previous period[49] - The cash outflow from investing activities totaled 482,206,746.15 CNY, up from 456,268,925.51 CNY in the previous period[51] - The net cash flow from investing activities was -236,892,007.74 CNY, worsening from -103,782,052.94 CNY year-over-year[50] - The cash inflow from financing activities was 432,327,269.46 CNY, compared to 325,400,000.00 CNY in the previous period[51] - The net cash flow from financing activities improved to 262,669,227.70 CNY from 48,075,079.16 CNY in the prior period[51] - The company reported a significant decrease in cash inflow from sales of goods and services, which was 69,125,264.27 CNY compared to 158,281,510.37 CNY previously[49] - The company experienced a net decrease in cash and cash equivalents of 26,784,187.16 CNY, compared to a decrease of 59,007,550.92 CNY in the previous period[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,874,676,510.87, an increase of 4.20% from ¥2,758,681,945.09 at the end of the previous year[7] - The total liabilities rose to CNY 1,504,024,085.67, compared to CNY 1,240,164,026.67, indicating an increase of about 21.3%[38] - Current liabilities totaled CNY 1,499,510,115.99, up from CNY 1,235,565,056.99, representing a growth of approximately 21.4%[38] - The net assets attributable to shareholders at the end of the reporting period were ¥1,531,558,222.75, a slight decrease of 0.39% from ¥1,537,547,113.10 at the end of the previous year[7] - Total current assets reached ¥2,012,635,846.48, up from ¥1,911,883,233.23, marking an increase of approximately 5.3%[31] Investments and Expenses - The company has invested a total of 392.67 million yuan in fundraising projects, with the construction of the R&D building underway[15] - Research and development expenses were ¥15,622,422.90, a decrease of approximately 29% from ¥21,942,400.78 in the previous year[1] - Investment income decreased by 57.95% compared to the same period last year, primarily due to reduced financial income and investment income from joint ventures[14] - The company reported an investment income of ¥3,277,159.17, down from ¥7,793,351.83 year-over-year[1] Government Support and Shareholder Information - The company received government subsidies amounting to ¥4,275,847.71 during the reporting period[8] - The total number of ordinary shareholders at the end of the reporting period was 73,931[10] Management and Strategy - The company’s management indicated a focus on market expansion and new product development strategies moving forward[1]

Financial Performance - The company's operating revenue for 2019 was ¥727,322,833.38, a decrease of 10.48% compared to the previous year[18]. - Net profit attributable to shareholders was ¥49,816,021.80, representing an increase of 49.65% from the previous year's adjusted figure[18]. - The net profit after deducting non-recurring gains and losses was ¥618,405.60, showing a significant increase of 141.71% compared to the previous year[18]. - Cash flow from operating activities reached ¥108,243,966.33, a substantial increase of 310.09% year-on-year[18]. - Basic earnings per share rose to ¥0.0801, up 49.72% from the previous year[18]. - Total assets at the end of 2019 were ¥2,758,681,945.00, reflecting a growth of 9.22% compared to the end of 2018[19]. - The net assets attributable to shareholders increased to ¥1,537,547,113.10, marking a 5.64% rise from the previous year[19]. - Total revenue for 2019 was ¥727,322,833.38, a decrease of 10.48% compared to ¥812,488,365.82 in 2018[59]. - Revenue from the information technology sector was ¥722,108,166.60, accounting for 99.28% of total revenue, down 10.67% from ¥808,340,200.11 in 2018[59]. - System integration revenue was ¥372,422,962.14, representing 51.20% of total revenue, a decline of 7.48% from ¥402,532,661.51 in 2018[60]. - Software products and services revenue decreased by 13.83% to ¥349,685,204.46, accounting for 48.08% of total revenue[60]. - The company's inventory increased by 33.25% to ¥917,363,784.29, attributed to increased investments in the Xinyang and Fuzhou parks during the reporting period[86]. Research and Development - The company is focusing on technological innovation and business model innovation to enhance core competitiveness and support sustainable growth[29]. - The company has increased its investment in R&D for judicial administrative industry information solutions, leading to steady growth in its judicial administrative business[38]. - R&D expenditure for the reporting period amounted to ¥99,227,066.98, a decrease of 4.81% compared to ¥104,240,997.88 in 2018[73]. - The number of R&D personnel increased to 460, representing a growth of 2.68% from 448 in 2018[73]. - R&D investment as a percentage of operating revenue rose to 13.64%, up from 12.83% in the previous year, reflecting an increase of 0.81%[73]. - The company plans to increase investment in core product and technology R&D to enhance its technological strength and maintain industry leadership[109]. Business Operations - The company operates in five main business areas: e-government, collaborative management, information security, big data, and the Internet of Things[10]. - The company has established itself as a leading service provider in the electronic government and collaborative management sectors in China[29]. - The company has developed over 30 proprietary software products in the field of electronic government, focusing on secure and reliable applications, big data, and IoT solutions[30]. - The company has successfully implemented multiple pilot projects in Fujian and Zhejiang, validating its secure and reliable products in various government applications[32]. - The company aims to enhance its regional service capabilities in Xinchuang projects across key areas such as Fujian, Beijing, and Shanghai, focusing on customized development and operational services[33]. - The company is actively expanding its "Internet + Government" services, leveraging technologies like big data and cloud computing to create integrated solutions for government resource sharing[33]. Risk Management - The company has identified key risks including human resources, industry technology, management capability, and new business investment risks[6]. - The company faces risks related to macroeconomic fluctuations and plans to enhance its internal innovation capabilities to mitigate these risks[110]. - The company is addressing management capability risks by improving its governance structure and internal controls as it scales operations[110]. Corporate Governance - The company's financial report is guaranteed to be true, accurate, and complete by its board of directors and management[5]. - The company has a dedicated team for investor relations, ensuring effective communication with stakeholders[15]. - The company has established a commitment to avoid competition and conflicts of interest, ensuring that major shareholders will not engage in competing businesses[121]. - The company has a commitment to maintain the confidentiality of technical achievements and protect intellectual property rights[122]. - The company has a long-term commitment to ensure that any adjustments to profit distribution policies comply with relevant regulations[122]. Social Responsibility - The company invested approximately 34.74 million yuan in various poverty alleviation initiatives[188]. - The company donated over 300,000 yuan worth of medical supplies and equipment to support COVID-19 prevention efforts[184]. - The company actively participated in social welfare activities, including donations of books and educational support for underprivileged children[191]. - The company has committed to further developing its social responsibility management system to enhance community support and engagement[190]. - The company has been recognized for its efforts in promoting community development and social harmony through various initiatives[185]. Shareholder Information - The total number of shares after the recent changes is 622,200,000, with no overall change in total shares[198]. - The total number of shareholders at the end of the reporting period is 76,573, an increase from 73,931[200]. - There are no foreign holdings reported, with all shares held by domestic investors[198]. - The company has not reported any changes in the number of shares held by major shareholders or any significant changes in shareholder structure[199]. - The company has not implemented any share buyback or reduction strategies during the reporting period[199]. Financial Management - The company has engaged in high-risk entrusted financial management with amounts exceeding 10,000,000 CNY[168]. - The company reported a total fundraising of 8,800 million with a return rate of 4.35%, amounting to 63.8 million recovered[170]. - The company continues to focus on financial management strategies to ensure asset recovery and minimize risks[177].

Financial Performance - Operating revenue for the reporting period was ¥123,298,561, a decrease of 6.16% year-over-year, while year-to-date revenue was ¥442,328,445, down 7.34% from the same period last year[7] - Net profit attributable to shareholders was ¥4,344,170, reflecting a decline of 15.57% year-over-year, with year-to-date net profit at ¥23,895,907, down 21.30%[7] - Basic earnings per share decreased by 15.66% to ¥0.0070, with diluted earnings per share also at ¥0.0070, down 15.66% year-over-year[7] - Total operating revenue for Q3 2019 was CNY 123,298,561.03, a decrease of 6.5% compared to CNY 131,386,834.89 in the same period last year[41] - Net profit for Q3 2019 was CNY 4,732,363.79, an increase of 37.6% from CNY 3,437,459.35 in Q3 2018[42] - Total operating revenue for the period was ¥442,328,458.87, a decrease of 7.34% compared to ¥477,381,725.13 in the previous period[48] - The net profit attributable to the parent company was ¥23,895,907.37, down 21.67% from ¥30,363,195.13 in the previous period[50] - Basic and diluted earnings per share were both ¥0.0384, down from ¥0.0488 in the previous period, a decline of 21.73%[51] Cash Flow - The net cash flow from operating activities was ¥26,367,956, representing a significant increase of 100.95% compared to the same period last year[7] - The company reported a net cash flow from operating activities increased by 213.11% compared to the same period last year, primarily due to a decrease in cash paid for goods and services[16] - Cash inflow from operating activities totaled CNY 553,430,451.05, down from CNY 571,801,988.72 in the previous period[58] - The net cash flow from operating activities was CNY 34,258,990.84, a significant improvement from a net outflow of CNY -30,287,968.89 in the previous period[58] - Cash inflow from financing activities was CNY 670,400,000.00, an increase from CNY 377,000,000.00 in the previous period[59] - The net cash flow from financing activities was CNY 20,856,923.68, compared to a net outflow of CNY -91,198,190.31 in the previous period[59] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,724,021,246.49, an increase of 7.78% compared to the previous year[7] - Total liabilities increased to ¥1,236,606,390.70 from ¥1,063,734,840.80, reflecting a rise of approximately 16.3%[33] - The company's cash and cash equivalents decreased to ¥252,597,922.86 from ¥328,903,731.81, a decline of about 23.1%[31] - The total owner's equity reached ¥1,487,414,855.79, up from ¥1,463,660,942.09, indicating a growth of approximately 1.6%[34] - The company's total liabilities amounted to CNY 1,190,829,320.31, compared to CNY 1,159,105,209.47 in the previous year, reflecting a slight increase[39] Investments and Expenditures - The company has cumulatively invested 342.67 million RMB in fundraising projects, with the construction of these projects nearing completion[17] - Research and development expenses for Q3 2019 were CNY 25,564,111.59, down 14.6% from CNY 29,934,046.48 in the same quarter last year[41] - Research and development expenses increased to ¥64,837,397.57, up 8.73% from ¥59,931,525.39 in the previous period[48] - The company reported a total of 91,100,000 CNY in financial management investments during the period[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 76,579, with the top ten shareholders holding significant stakes[11] - The largest shareholder, Lu Feng, holds 20.74% of the shares, with 96,761,805 shares pledged[11] Other Financial Metrics - The weighted average return on equity was 0.29%, a decrease of 0.07% compared to the previous year[7] - The company reported non-operating income of ¥23,652,706.11, which includes government subsidies and other non-recurring gains[9] - The company’s income tax expenses decreased by 46.89% compared to the same period last year, primarily due to a reduction in the provision for income tax[16] - The total comprehensive income for the period was ¥29,975,913.70, down from ¥31,769,366.34 in the previous period, a decrease of 5.64%[51] - The report was not audited, indicating that the figures may be subject to change upon final review[64]

Financial Performance - The company's operating revenue for the reporting period was ¥319,029,897.84, a decrease of 7.79% compared to the same period last year[18]. - Net profit attributable to shareholders was ¥19,551,737.16, reflecting a decline of 22.47% year-on-year[18]. - The net profit after deducting non-recurring gains and losses was ¥35,974.35, a significant drop of 99.23% compared to the previous year[18]. - The net cash flow from operating activities improved to ¥7,891,034.61, an increase of 118.18% from a negative cash flow in the same period last year[18]. - Total assets at the end of the reporting period reached ¥2,673,753,925.52, marking a 5.79% increase from the end of the previous year[18]. - The company's total revenue for the reporting period was ¥319,029,897.84, a decrease of 7.79% compared to ¥345,994,890.24 in the same period last year[50]. - Operating costs decreased by 15.93% year-on-year, while sales expenses and management expenses decreased by 13.90% and 1.34% respectively[46]. - Research and development expenses increased by 30.92% year-on-year, primarily due to increased employee compensation and amortization of intangible assets[46]. - The company reported a 255.63% increase in cash flow from financing activities, amounting to ¥50,644,752.98, primarily due to increased borrowings[50]. - The company reported a net increase in cash and cash equivalents of ¥62,309,855.01, a decrease of 67.59% compared to the previous year[50]. Business Operations - The company operates in four main business areas: e-government, information security, quality inspection engineering, and collaborative management[10]. - The company emphasizes the importance of big data and IoT technologies in enhancing decision-making and operational efficiency[11]. - The company has established a strong focus on enhancing its technological capabilities and market expansion efforts[11]. - In the electronic government sector, the company achieved over 20 proprietary software products and solutions, promoting applications nationwide[27]. - The company is actively expanding its market presence in the "Internet + government services" sector, with successful implementations in multiple provinces[27]. - The company has developed nearly 30 proprietary software products in the field of security and reliability, focusing on middleware and government office systems[28]. - The company has been recognized as a key software enterprise and a leading enterprise in the software industry in Fujian Province[26]. - The company is involved in five pilot projects for secure electronic documents in Fujian Province, providing software products and localized services[29]. - The company aims to expand its secure business in Fujian and other regions, leveraging its national marketing network[30]. - The company has successfully participated in the "Golden Customs Project," enhancing its capabilities in customs information technology services[30]. Research and Development - The company maintained a focus on technological innovation and business model innovation, enhancing its core competitiveness in the software and information technology services sector[26]. - The company obtained 18 new software copyrights during the reporting period, bringing the total to 271 copyrights[46]. - The company has 43 proprietary patents, including 21 invention patents, 17 utility model patents, and 5 design patents[46]. - The company plans to continue increasing R&D investment to meet customer demands and promote product upgrades[72]. - Research and development expenses increased significantly to CNY 21,050,017.11, up 58.5% from CNY 13,263,698.41 in the previous year[159]. Corporate Governance - The board of directors and supervisory board confirm the accuracy and completeness of the financial report, assuming legal responsibility for any misstatements[3]. - All directors attended the board meeting to review the report, ensuring collective accountability[4]. - The company has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board[186]. - The company has implemented a "three-in-one" business registration system as of January 14, 2016[186]. Shareholder Information - The company’s legal representative is Lu Feng, and it is listed on the Shenzhen Stock Exchange under the stock code 002474[14]. - The company’s total share capital is 622,200,000 shares, with 75.32% being unrestricted shares[128]. - The largest shareholder, Lu Feng, holds 20.74% of the shares, totaling 129,015,720 shares[130]. - The second-largest shareholder, Hou Wei, holds 8.76% of the shares, totaling 54,487,768 shares[130]. - The company has not implemented any share buyback programs during the reporting period[132]. Social Responsibility - The company is actively involved in social responsibility initiatives, leveraging its software technology to support various sectors including education and employment[119]. - The company donated 100,000 CNY to support poverty alleviation efforts in Gansu Province, contributing to local economic development[120]. - The company has established a special poverty alleviation fund and plans to implement an "Internet Education Precision Poverty Alleviation" program using smart devices[123]. - The company is committed to enhancing its corporate social responsibility management system to better support public welfare activities[123]. Future Outlook - The company has plans for market expansion and new product development, aiming to enhance its competitive edge in the software industry[176]. - The company is focusing on technological innovation to drive future growth and improve operational efficiency[176]. - The management provided a positive outlook for the next quarter, expecting continued revenue growth driven by new client acquisitions and product launches[176].

Financial Performance - The company's operating revenue for Q1 2019 was ¥142,487,194.58, representing a decrease of 8.05% compared to ¥154,966,489.96 in the same period last year[7]. - The net profit attributable to shareholders was ¥14,574,616.42, showing a slight decrease of 0.01% from ¥14,575,375.75 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥2,686,838.99, down 36.28% from ¥4,216,369.97 in the previous year[7]. - The company reported a total profit of ¥14,441,051.68, compared to ¥14,852,036.07 in the previous period, a decrease of about 2.8%[41]. - The gross profit margin for the period was approximately 10.5%, down from 1.5% in the previous period, indicating a decline in profitability[39]. - The company’s operating profit was ¥14,430,938.86, down from ¥16,553,532.04, a decrease of about 13% year-over-year[41]. - Net profit for the period was ¥13,565,667.29, slightly up from ¥13,552,321.81, indicating a marginal increase of 0.1% year-over-year[41]. Cash Flow and Investments - The net cash flow from operating activities improved to -¥2,849,530.08, an 8.69% increase compared to -¥32,806,846.28 in the same period last year[7]. - The company’s cash flow from operating activities was ¥158,281,510.37, compared to ¥122,336,212.57 in the previous period, showing an increase of approximately 29.4%[47]. - The net cash flow from operating activities was 1,469,441.69 CNY, a significant improvement compared to a net outflow of -73,169,392.09 CNY in the previous period[50]. - Total cash inflow from investment activities was 120,442,852.52 CNY, down from 701,430,726.33 CNY in the previous period[50]. - The net cash flow from financing activities was -25,265,870.42 CNY, compared to -5,659,332.38 CNY in the previous period[51]. - The company experienced a net decrease in cash and cash equivalents of -104,551,349.51 CNY during the period[51]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,649,036,258.52, an increase of 4.81% from ¥2,527,395,782.89 at the end of the previous year[7]. - Current liabilities rose to CNY 1,122,663,986.87, compared to CNY 1,023,402,063.01, marking an increase of about 9.8%[32]. - The total liabilities increased to CNY 1,173,745,098.01 from CNY 1,063,734,840.80, indicating a rise of about 10.4%[32]. - Non-current assets totaled CNY 665,008,813.89, up from CNY 596,059,551.47, reflecting an increase of approximately 11.6%[31]. - Owner's equity rose to CNY 1,475,291,160.51 from CNY 1,463,660,942.09, reflecting an increase of approximately 0.8%[33]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 83,851[10]. - The largest shareholder, Lu Feng, holds 20.74% of the shares, with 129,015,740 shares, of which 96,761,805 are pledged[10]. - The company completed the third phase of its employee stock ownership plan, purchasing 7,856,200 shares, which is about 1.26% of the total share capital, for a total amount of ¥58,225,118.51 at an average price of ¥7.41 per share[20]. - The company has committed to a cash profit distribution of no less than 10% of the distributable profits for the year, with a cumulative distribution of at least 30% over three consecutive years post-IPO[20]. Research and Development - R&D expenses increased by 62.79% year-on-year, primarily due to increased R&D investments and salaries for R&D personnel[15]. - Research and development expenses increased significantly to ¥14,623,671.53 from ¥8,982,926.42, representing a growth of approximately 63.5% year-over-year[39]. - Construction of the new R&D building in Fuzhou has commenced, with a planned investment of up to 133 million yuan[15]. - The company plans to utilize raised funds for developing new generation electronic government application platforms and other core business areas[20]. Other Income and Expenses - Other income increased by 757.54% year-on-year, mainly due to an increase in government subsidies received during the reporting period[15]. - Other income increased significantly to ¥8,227,386.46 from ¥959,414.79, reflecting a growth of about 758% year-over-year[39]. - The company reported a 104.29% increase in taxes and surcharges compared to the same period last year, mainly due to increased urban construction tax and education fees[15].

Financial Performance - The company reported a profit distribution plan based on a base of 622,200,000 shares, proposing a cash dividend of 0.10 yuan per 10 shares (including tax) with no bonus shares issued[6]. - The company's operating revenue for 2018 was ¥812,488,365.82, representing a 9.50% increase compared to ¥742,004,732.30 in 2017[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥93,706.46, a significant decrease of 99.53% from ¥19,818,711.10 in 2017[6]. - The net cash flow from operating activities decreased by 70.55% to ¥26,395,263.03 from ¥89,635,802.24 in the previous year[6]. - Total assets at the end of 2018 were ¥2,527,395,782.89, a decrease of 2.53% from ¥2,592,957,508.72 at the end of 2017[6]. - The net assets attributable to shareholders increased by 2.30% to ¥1,456,980,946.95 from ¥1,424,157,730.23 at the end of 2017[6]. - Total operating costs for 2018 were ¥543,430,234.63, reflecting a year-on-year increase of 9.66%[57]. - The company achieved a total operating revenue of 812.49 million yuan, an increase of 9.5% compared to the previous year[46]. - Operating costs increased by 9.73% year-on-year, while sales expenses rose by 15.04%[46]. - The company reported a gross margin of 32.77% for the information technology sector, a decrease of 0.31% from the previous year[57]. Business Operations - The company operates in four main business areas: e-government, information security, quality inspection engineering, and collaborative management[11]. - The company has not reported any changes in its main business since its listing, indicating stability in its operational focus[18]. - The company has developed over 20 proprietary software products and solutions in the electronic government sector, focusing on new technologies such as big data and cloud computing[28]. - The company aims to expand its market presence in the "Internet + Government" services, successfully implementing solutions in multiple provinces[29]. - The company has made significant progress in developing secure and controllable information technology systems, with nearly 20 proprietary software products in this area[30]. - The company is now listed as a service provider for national secure and controllable construction projects, enhancing its competitive position in the market[30]. - The company established a professional team for secure and reliable business services, participating in four pilot projects for secure electronic documents in Fujian Province[31]. - The company won the bid for the customs inspection and quarantine integration e-CIQ system renovation project, achieving unified declaration documents and operational systems[32]. Research and Development - Research and development expenses increased by 21.95%, reflecting the company's commitment to innovation[46]. - The company holds 40 proprietary intellectual properties, including 19 invention patents and 253 software copyrights[47]. - The company is actively developing the Rongji Intelligent Case Handling Platform for parole and commutation, with a capitalized R&D amount of ¥1,998,184.15, to enhance case processing efficiency[69]. - The company is focusing on the development of smart water management solutions, collaborating with major telecom operators and Huawei[39]. - The company is committed to increasing R&D investment to promote product upgrades and meet customer demands[88]. Risk Management - The company emphasizes the importance of risk management, identifying key risks such as human resources, industry technology, management capability, and new business investment risks[6]. - The company has outlined its future plans and potential risks in detail, urging investors to be aware of investment risks[6]. - The company has committed to not conducting risk investments or providing financial assistance to entities outside of its controlling subsidiaries for a period of twelve months following the replenishment of working capital[112]. - The company has identified risks related to human resources, technology, management capabilities, and new business investments, and is implementing measures to mitigate these risks[100][102]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 80,646, a decrease from 83,851 at the end of the previous month[165]. - The largest shareholder, Lu Feng, holds 20.74% of the shares, totaling 129,015,720 shares, with a pledge of 32,253,935 shares[166]. - The company completed the first phase of its employee stock ownership plan, purchasing 1,867,900 shares, accounting for approximately 0.30% of the total share capital, with a transaction amount of RMB 19,584,134.59 at an average price of RMB 10.4846 per share[113]. - The company has committed to a share buyback plan, intending to increase its holdings by no less than 500,000 shares and no more than 10 million shares within a six-month period[114]. - The company has established a three-year cycle for planning shareholder dividend returns[113]. Corporate Governance - The company has improved its governance structure and ensured compliance with legal regulations to protect shareholder interests[146]. - The company is committed to maintaining high standards of corporate governance and transparency in its operations[185]. - The company has established a comprehensive compensation plan for its board members and senior management, aligning with industry standards and company performance[187]. - The company has a diverse board of directors with extensive experience in academia and industry, contributing to its strategic decision-making[186]. Social Responsibility - The company actively engages in social responsibility initiatives, including tax compliance and targeted poverty alleviation efforts[148]. - The company has established a special poverty alleviation fund and a dedicated team to enhance its social responsibility initiatives[154]. - The company implemented an "Internet + Education Precision Poverty Alleviation" solution, providing free educational resources to a primary school in Henan, benefiting all students and teachers[152]. - The company organized various charitable activities, including providing financial assistance totaling over 80,000 yuan to 77 individuals in need[153]. Market Expansion - The company plans to expand its revenue scale and improve profitability in key business areas, focusing on sectors like Internet + government, IoT platforms, and services for SMEs[99]. - The company is exploring opportunities for mergers and acquisitions to bolster its market position and service capabilities[141]. - The company is focused on technological innovation and energy conservation to minimize environmental impact[147].

福建榕基软件股份有限公司 2018 年第三季度报告正文 证券代码：002474 证券简称：榕基软件 公告编号：2018-050 福建榕基软件股份有限公司 2018 年第三季度报告正文 1 福建榕基软件股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人鲁峰、主管会计工作负责人侯伟及会计机构负责人(会计主管人 员)镇千金声明：保证季度报告中财务报表的真实、准确、完整。 2 福建榕基软件股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 2,459,004,710.12 | 2,592,957,508.72 | | -5.17% | | 归属于 ...

Financial Performance - The company's operating revenue for the reporting period was ¥345,994,890.24, representing a 15.95% increase compared to ¥298,411,143.69 in the same period last year[18]. - The net profit attributable to shareholders was ¥25,218,143.10, up 21.27% from ¥20,795,173.10 year-on-year[18]. - The basic earnings per share increased to ¥0.0405, a rise of 21.26% from ¥0.0334 in the same period last year[18]. - The company's total revenue for the reporting period was RMB 345,994,890.24, representing a year-on-year increase of 15.95% compared to RMB 298,411,143.69[49]. - The net profit for the first half of 2018 reached CNY 23,731,313.84, representing a 23.0% increase from CNY 19,160,715.30 in the previous year[151]. - The company reported investment income of CNY 23,598,147.45, significantly higher than CNY 6,146,524.48 from the previous year, showing an increase of 284.5%[150]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,500,841,722.35, a decrease of 3.55% from ¥2,592,957,508.72 at the end of the previous year[18]. - The company's total assets amounted to CNY 2,570,266,011.62, compared to CNY 2,485,750,673.06 at the end of the previous period, reflecting a growth of 3.4%[150]. - Total liabilities decreased from CNY 1,158,401,406.56 to CNY 1,048,014,062.62, a decrease of approximately 9.50%[142]. - The total liabilities increased to CNY 1,076,067,137.94, up from CNY 1,027,994,180.48, marking a rise of 4.7%[150]. Cash Flow - The net cash flow from operating activities was negative at -¥53,409,884.90, worsening by 22.54% from -¥43,586,512.57 in the previous year[18]. - The cash inflow from operating activities totaled CNY 294,323,320.67, an increase of 11.6% compared to CNY 263,548,911.17 in the previous period[158]. - The net cash flow from investment activities was CNY 267,804,714.31, recovering from a negative CNY -322,326,503.71 in the previous period[159]. - The cash inflow from investment activities reached CNY 1,534,454,384.63, significantly up from CNY 534,419,640.12, marking a 187.5% increase[159]. Research and Development - The company is committed to advancing its self-controlled and secure technology strategy, with significant investments in research and development[30]. - The company plans to continue increasing R&D investment to promote product upgrades and extend R&D periods as necessary[70]. - Research and development expenses decreased by 6.40% to RMB 33,194,498.21 from RMB 35,464,613.58[49]. Corporate Governance and Risk Management - The company has detailed the major risks it faces and corresponding countermeasures in the report[5]. - The company is committed to improving its internal governance structure and risk management to cope with the challenges posed by its business expansion[85]. - The board of directors is responsible for formulating the profit distribution plan, which must be approved by the shareholders' meeting[93]. Shareholder Information - The company plans to ensure that cash dividends distributed each year will not be less than 10% of the distributable profits for that year[93]. - The company has established a three-year cycle for shareholder dividend return planning, indicating a commitment to shareholder value[95]. - The total number of common shareholders at the end of the reporting period is 87,542[125]. Market Position and Strategy - The company focuses on software and information technology services, maintaining a leading position in the electronic government and quality inspection sectors in China[26]. - The company has developed over 20 proprietary software products and solutions in the electronic government sector, enhancing its competitive advantage[27]. - The company is actively promoting its "Internet + Party Building" platform, which has engaged over 2.11 million party members across 10.8 million organizations in Fujian[28]. Employee and Management - The company emphasizes the importance of maintaining a strong corporate culture to attract and retain high-quality talent[83]. - The company has signed labor contracts with senior management and core technical personnel to protect its intellectual property[92]. - The total number of shares is 622,200,000, with 75.40% being unrestricted shares[123]. Compliance and Legal Matters - The company has not experienced any major litigation or arbitration matters during the reporting period, indicating a stable legal environment[99]. - The company has not faced any penalties or rectification issues during the reporting period, reflecting compliance with regulations[100]. - The company did not engage in any related party transactions during the reporting period[103].

Financial Performance - The company's operating revenue for Q1 2018 was ¥154,966,489.96, representing a 7.72% increase compared to ¥143,863,417.49 in the same period last year[8]. - Net profit attributable to shareholders was ¥14,575,375.75, a 34.25% increase from ¥10,856,497.57 year-on-year[8]. - The net profit after deducting non-recurring gains and losses decreased by 35.44% to ¥4,216,369.97 from ¥6,531,278.56 in the previous year[8]. - The basic earnings per share increased by 34.48% to ¥0.0234 from ¥0.0174 in the same period last year[8]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,591,291,397.59, a slight decrease of 0.06% from ¥2,592,957,508.72 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 1.12% to ¥1,440,148,147.97 from ¥1,424,157,730.23 at the end of the previous year[8]. Cash Flow - The company reported a net cash flow from operating activities of -¥32,806,846.28, worsening by 17.23% compared to -¥27,986,029.38 in the previous year[8]. - Cash flow from investing activities increased by 120.01% compared to the same period last year, mainly due to a decrease in net expenditure on financial products[17]. - Cash flow from financing activities decreased by 95.57%, primarily due to a reduction in cash received from borrowings[17]. - The impact of exchange rate changes on cash increased by 1,375.10% compared to the same period last year, mainly due to changes in foreign currency assets[17]. Expenses and Income - The company experienced a 34.17% increase in selling expenses compared to the same period last year, primarily due to adjustments from the previous year[16]. - Investment income increased significantly by 487.56% to ¥10,874,900 from the previous year, mainly due to increased financial and investment returns[16]. - Prepaid accounts increased by 48.45% compared to the end of the previous year, mainly due to increased project payments to suppliers[16]. - Other income increased by 959,400 yuan compared to the same period last year, mainly due to the adjustment of government subsidies related to daily operations[17]. - Non-operating income decreased by 3,105,000 yuan, a decline of 99.94%, primarily due to the aforementioned adjustment of government subsidies[17]. - Non-operating expenses increased by 1,699,300 yuan, an increase of 43,020.70%, mainly due to increased losses from the disposal of non-current assets[17]. - Income tax increased by 1,599,300 yuan, an increase of 533.90%, mainly due to increased profits and a decrease in deferred tax assets[17]. Future Outlook - The net profit attributable to shareholders for the first half of 2018 is expected to range from 20.80 million to 31.19 million RMB, representing a growth of 0% to 50% compared to the same period in 2017[21]. - The company anticipates stable business development in 2018, with performance fluctuations due to market environment changes, R&D investments, intangible asset amortization, and interest income and expenses[21]. Corporate Governance - The company has no violations regarding external guarantees during the reporting period[22]. - There are no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[23]. Employee Stock Ownership Plan - The first phase of the employee stock ownership plan has seen the purchase of 1,867,900 shares, accounting for approximately 0.30% of the total share capital, with a total transaction amount of 19.58 million RMB[20]. - The second phase of the employee stock ownership plan has accumulated the purchase of 2,629,101 shares, representing about 0.42% of the total share capital, with a total transaction amount of 24.42 million RMB[20]. - The third phase of the employee stock ownership plan has acquired 7,856,200 shares, which is approximately 1.26% of the total share capital, with a total transaction amount of 58.23 million RMB[20]. Profit Distribution Policy - The company has committed to a profit distribution policy that emphasizes reasonable returns to investors, with a minimum cash distribution of 30% of the average distributable profit over three consecutive years[20]. - The company plans to adjust its profit distribution policy based on operational conditions, investment plans, and long-term development needs, ensuring compliance with relevant regulations[20]. Research and Communication - The company has not engaged in any research, communication, or interview activities during the reporting period[24].

Financial Performance - The company's operating revenue for 2017 was ¥742,004,732.30, representing a 5.61% increase compared to ¥702,592,311.90 in 2016[17] - The net profit attributable to shareholders for 2017 was ¥32,763,224.88, a 31.87% increase from ¥24,845,319.23 in 2016[17] - The net profit after deducting non-recurring gains and losses was ¥19,818,711.10, up 59.76% from ¥12,405,680.66 in 2016[17] - The net cash flow from operating activities increased by 50.36% to ¥85,965,802.24 from ¥57,174,908.96 in 2016[17] - Basic earnings per share for 2017 were ¥0.0527, a 32.08% increase from ¥0.0399 in 2016[17] - Total assets at the end of 2017 were ¥2,592,957,508.72, a 21.44% increase from ¥2,135,196,120.20 at the end of 2016[17] - The net assets attributable to shareholders at the end of 2017 were ¥1,424,157,730.23, a 1.46% increase from ¥1,403,645,637.60 at the end of 2016[17] - The weighted average return on net assets for 2017 was 2.31%, up from 1.80% in 2016[17] Cash Flow and Investments - The net cash flow from operating activities increased by 50.36% from 57,174,908.96 yuan in 2016 to 85,965,802.24 yuan in 2017[64] - The total cash inflow from financing activities increased by 105.67% from 302,000,000.00 yuan in 2016 to 621,120,000.00 yuan in 2017[65] - The company's total assets included cash and cash equivalents of 207,736,984.65 yuan, which decreased by 17.89% compared to 552,975,440.22 yuan in 2016[69] - The company reported a significant decrease in cash and cash equivalents, with a net decrease of 389.72% from 134,573,475.90 yuan in 2016 to -389,886,143.44 yuan in 2017[65] - The total investment amount for the reporting period was -12,450,000.00 CNY, a decrease of 46.47% compared to the previous year's investment of 8,500,000.00 CNY[71] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.10 per 10 shares, based on a total of 622,200,000 shares[5] - In 2017, the company distributed cash dividends of 0.10 yuan per share, totaling 6,222,000 yuan, with retained earnings of 402,596,388.57 yuan carried forward to the next year[97] - The cash dividend represents 100% of the total distributable profit of 408,818,388.57 yuan for the year[99] - The net profit attributable to ordinary shareholders for 2017 was 32,763,224.88 yuan, with a dividend payout ratio of 18.99%[98] Research and Development - Research and development expenses increased by 20.87% from 91,879,906.70 yuan in 2016 to 111,057,384.47 yuan in 2017, accounting for 14.97% of operating revenue[62] - The company plans to continue increasing R&D investment to promote product upgrades and meet customer demands[75] - The company is focusing on developing a self-controllable and secure information technology system, aligning with national strategies for information security[32] - The company has established a new subsidiary, Fujian Rongda IoT Technology Co., Ltd., to further its investment in IoT technology and services[86] Market Expansion and Strategy - The company plans to expand its market presence in the smart city sector, targeting new opportunities in government informationization and infrastructure development[87] - The company aims to strengthen its market position in the self-controllable sector by increasing R&D investments and enhancing user experience[32] - The company has expanded its market presence to Beijing, Henan, Guangdong, and Zhejiang, becoming one of the most competitive service providers in the electronic government sector in China[89] - The company is actively pursuing mergers and acquisitions to enhance its competitive position in the industry[162] Risk Management - The company has outlined major risks and corresponding countermeasures in its report, emphasizing the importance of investor awareness regarding investment risks[5] - The company has identified human resource risk due to rapid expansion, particularly in recruiting high-end talent, which may hinder its ability to meet new user demands[92] - The company has outlined a risk management strategy to address potential challenges in management capabilities as it scales operations[93] Corporate Governance - The company emphasizes the protection of shareholder and creditor rights through improved governance and compliance with legal regulations[135] - The governance structure includes a clear division of responsibilities among the shareholders' meeting, board of directors, supervisory board, and management, ensuring effective decision-making[175] - The company has established commitments to avoid competition with its own subsidiaries and to protect its intellectual property[101] Employee Management - The total number of employees in the company is 1,032, with 498 in the parent company and 534 in major subsidiaries[169] - Employee training programs are in place, focusing on various aspects such as onboarding, business skills, management enhancement, and safety training[172] - The company has implemented a talent strategy focused on employee welfare and has established a human resources management system[135] Technological Innovation - The company has a strong focus on technological innovation, holding 31 patents and 166 software copyrights, with many products recognized as innovative at national and provincial levels[41] - The company launched strategic products including the "Rongji I-TASK Task Management Platform" and over ten software products in energy and quality inspection sectors[159] - The company is committed to continuous innovation in its business strategy, focusing on market-oriented and technology-driven approaches to enhance product development and service offerings[90] Audit and Compliance - The audit opinion issued by the accounting firm was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position and results of operations for 2017[195] - The company maintained effective internal controls related to financial reporting as of December 31, 2017, according to the internal control audit report[191] - The company did not have any publicly issued bonds that were due or unable to be fully redeemed as of the annual report approval date[193]