Revenue and Profit - The company's revenue for Q1 2017 was ¥377,924,736.27, representing a decrease of 7.49% compared to ¥408,538,217.58 in the same period last year[7]. - Net profit attributable to shareholders increased by 26.29% to ¥16,287,863.87 from ¥12,897,583.20 year-on-year[7]. - Total operating revenue for Q1 2017 was CNY 377,924,736.27, a decrease from CNY 408,538,217.58 in the previous period[34]. - Net profit for Q1 2017 was CNY 15,952,314.34, compared to CNY 14,712,582.04 in the same period last year, representing an increase of approximately 8.4%[35]. - The net profit attributable to shareholders of the parent company was CNY 16,287,863.87, up from CNY 12,897,583.20 in the previous year[35]. - The estimated net profit attributable to shareholders for the first half of 2017 is expected to range from 21.05 million to 37.24 million RMB, reflecting a decrease of 35.00% to an increase of 15.00% compared to the same period last year[19]. Cash Flow - The net cash flow from operating activities decreased significantly by 49.45% to ¥64,021,551.75 from ¥126,643,510.19 in the previous year[7]. - Net cash flow from operating activities decreased by 49.45% compared to the same period last year, mainly due to shortened payment terms from some customers and a decline in operating revenue[15]. - Cash flow from operating activities generated a net amount of CNY 64,021,551.75, down from CNY 126,643,510.19 in the previous period[43]. - Total cash inflow from operating activities is ¥480,525,338.30, down from ¥654,335,986.82, indicating a decline of approximately 26.5%[45]. - Cash outflow from operating activities totaled ¥433,832,007.35, compared to ¥554,250,076.00 in the previous period, reflecting a decrease of about 21.7%[45]. - The total cash inflow from operating activities was CNY 531,579,017.56, compared to CNY 747,572,540.96 in the previous period[42]. - The net cash flow from investing activities increased by 109.22% compared to the same period last year, due to the purchase of new machinery and equipment[15]. - The net cash flow from investing activities is -¥24,168,874.43, worsening from -¥11,736,809.16 in the previous period[47]. - Cash inflow from financing activities reached ¥353,121,125.00, significantly up from ¥29,500,000.00, marking an increase of over 1,000%[47]. - The net cash flow from financing activities is ¥317,010,451.66, a substantial improvement from -¥39,509,896.86 in the previous period[47]. Assets and Liabilities - Total assets increased by 11.58% to ¥1,833,429,182.00 compared to ¥1,643,213,678.55 at the end of the previous year[7]. - Total assets at the end of Q1 2017 reached CNY 1,801,264,023.71, an increase from CNY 1,598,940,708.51 at the beginning of the period[32]. - Total liabilities decreased to CNY 800,251,381.38 from CNY 952,214,110.39 at the beginning of the period[32]. - The total equity attributable to shareholders of the parent company increased to CNY 1,001,012,642.33 from CNY 646,726,598.12[32]. - Cash and cash equivalents increased by 126.15% compared to the end of the previous year, mainly due to the funds raised from the public offering of shares[15]. - Cash and cash equivalents rose significantly to CNY 518,343,555.90 from CNY 175,384,402.34[30]. - The ending balance of cash and cash equivalents is ¥499,848,960.68, compared to ¥224,516,854.05 in the previous period, showing an increase of approximately 122.3%[48]. Shareholder Information - The total number of shareholders at the end of the reporting period was 52,305[11]. - The top shareholder, Jie Rong Technology Group Co., Ltd., holds 52.50% of the shares, totaling 126,000,000 shares[11]. Operational Efficiency - Basic and diluted earnings per share rose by 28.57% to ¥0.09 from ¥0.07 in the same period last year[7]. - Inventory decreased to CNY 314,980,531.13 from CNY 348,134,885.14, indicating improved inventory management[30]. - The company reported a decrease in accounts receivable to CNY 278,271,405.15 from CNY 381,483,912.04, reflecting better collection efforts[30]. - Accounts receivable decreased by 32.58% compared to the end of the previous year, attributed to higher sales revenue in the fourth quarter[15]. - Other receivables decreased by 32.53% compared to the end of the previous year, primarily due to the transfer of intermediary fees from the public offering to capital reserves[15]. - Selling expenses rose to CNY 5,045,566.54 from CNY 4,847,224.76 year-over-year[39]. - The company experienced a decrease in management expenses to CNY 31,890,598.26 from CNY 33,761,415.07[39]. Government Subsidies - The company received government subsidies totaling ¥3,988,700.00 during the reporting period, which is related to R&D projects[8]. Future Investments - The company plans to invest no less than 2 billion RMB in the "Jie Rong Handheld Terminal Technology Industrial Park" project in Chongqing[16]. Audit Information - The company did not conduct an audit for the first quarter report[49].