润建股份有限公司 2020 年第三季度报告全文 润建股份有限公司 2020 年第三季度报告 2020 年 10 月 1 润建股份有限公司 2020 年第三季度报告全文 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。 公司负责人许文杰、主管会计工作负责人梁姬及会计机构负责人(会计主管 人员)黄宇声明：保证季度报告中财务报表的真实、准确、完整。 2 润建股份有限公司 2020 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------------------|-------------------------|------------------|------------------- ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2020, representing a year-on-year increase of 15%[1] - The net profit attributable to shareholders was RMB 80 million, up 20% compared to the same period last year[1] - The company's operating revenue for the reporting period was ¥1,719,938,628.57, representing a 6.63% increase compared to ¥1,613,007,674.65 in the same period last year[29] - The net profit attributable to shareholders of the listed company was ¥90,057,317.78, up 2.68% from ¥87,703,672.27 year-on-year[29] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥89,376,908.88, reflecting a 7.07% increase from ¥83,478,745.44 in the previous year[29] - The net cash flow from operating activities was ¥215,016,338.96, a significant improvement of 171.03% compared to a negative cash flow of ¥302,722,608.02 in the same period last year[29] - The basic earnings per share for the reporting period was ¥0.408, an increase of 2.77% compared to ¥0.397 in the same period last year[29] - The company's gross profit margin for the communication technology service industry was 16.69%, a decrease of 0.85% year-on-year[94] - The revenue from the communication technology service industry was ¥1,432,075,046.86, which accounted for 83.26% of total operating revenue, but saw a decline of 9.49% compared to the previous year[90] - The company reported a significant increase of 834.62% in revenue from other businesses, amounting to ¥287,863,581.71, compared to ¥30,800,030.11 in the same period last year[90] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% growth in that region by the end of 2021[1] - The company is exploring strategic acquisitions to enhance its service offerings and market share[1] - The company aims to expand its service offerings to include cloud services, IDC services, information technology services, and power and new energy services, creating multiple growth points[49] - The company plans to establish subsidiaries overseas to explore international markets, particularly in ASEAN countries, aligning with national policies like the Belt and Road Initiative[43] - The company has expanded its overseas market presence by establishing subsidiaries in Hong Kong, Singapore, the Philippines, and Indonesia, and is setting up a subsidiary in Germany for international business development[82] Research and Development - The company has invested RMB 50 million in R&D for new technologies, focusing on enhancing communication network capabilities[1] - The company plans to continue expanding its customer base beyond China Mobile to include other telecom operators, power companies, and government clients to reduce reliance on major customers[145] - The company has established multiple research institutes focusing on high-tech areas such as 5G applications and IoT technologies, enhancing its innovation capabilities[83] - The company is committed to enhancing its capabilities in the power and new energy sector through both organic growth and acquisitions, aiming to establish a well-rounded technical service capability[42] - The company will continue to invest in R&D to support long-term growth, focusing on 5G technology applications and industrial IoT[42] Risks and Challenges - Risks identified include reliance on major clients and potential impacts from the COVID-19 pandemic[1] - The company is facing risks from market competition, reliance on major customers, and management challenges due to rapid growth, and it has outlined measures to mitigate these risks[142][145][146] Investment and Financial Management - The company plans to raise up to RMB 1.09 billion through a public offering of convertible bonds to invest in the Wuxiang Cloud Valley Cloud Computing Center project, expected to start operations in 2022[41] - The total investment amount for the reporting period was ¥66,589,900, representing a 26.84% increase compared to ¥52,500,000 in the same period last year[110] - The company has not made any changes to the use of raised funds during the reporting period, with a cumulative change in use amounting to ¥18,775.00 million, representing 14.95% of the total raised funds[117] - The company has reported no significant non-fundraising investment projects during the reporting period[137] Operational Efficiency - The company has implemented a streamlined management model and increased remote work practices in response to the pandemic, improving operational efficiency[84] - Employee compensation decreased by 37.98% to ¥73,443,654.95, primarily due to workforce optimization[97] - The company's operating costs increased by 8.90% to ¥1,448,305,829.90 from ¥1,329,946,314.88, attributed to the expansion of business scale[85] Corporate Governance and Compliance - The semi-annual financial report was not audited[157] - There were no significant litigation or arbitration matters during the reporting period[159] - The company did not have any major related party transactions during the reporting period[164] - The company has not sold any significant assets during the reporting period[138] - The company has not engaged in any securities or derivative investments during the reporting period[115][116] Shareholder Information - The company reported a total of 23,550,000 RMB in entrusted financial management, with no overdue amounts[184] - The largest shareholder, Li Jianguo, holds 35.52% of the shares, amounting to 78,415,666 shares, with 14,910,000 shares pledged[197] - Zhuhai Hongzexi Yuan Investment Management Center holds 23.60% of the shares, totaling 52,103,829 shares, with 2,210,000 shares pledged[197]

Profit Distribution and Financial Performance - The company reported a profit distribution plan, proposing a cash dividend of 1.2 RMB per 10 shares based on a total of 220,746,347 shares[6]. - The company distributed a cash dividend of 1.2 yuan per 10 shares, totaling 26,489,561.64 yuan for the year 2019, which represents 11.51% of the net profit attributable to ordinary shareholders[176]. - The cash dividend policy has been consistently applied over the past three years, with the same amount distributed each year, indicating stability in shareholder returns[176]. - The company reported a total distributable profit of 1,041,581,307.63 yuan for the year 2019, with cash dividends accounting for 100% of the profit distribution[180]. - The total operating revenue for 2019 was CNY 3,717,024,985.94, representing a year-on-year increase of 15.02% from CNY 3,231,680,137.02 in 2018[90]. - The net profit attributable to shareholders for 2019 was CNY 230,046,221.21, an increase of 11.74% from CNY 205,877,713.64 in 2018[31]. - The basic earnings per share for 2019 was CNY 1.04, up 7.22% from CNY 0.97 in 2018[31]. - The diluted earnings per share also stood at CNY 1.04, reflecting the same growth of 7.22% compared to CNY 0.97 in 2018[31]. Risk Management and Operational Challenges - The company highlighted risks including market competition, reliance on major clients, and management challenges due to rapid growth[6]. - The report indicates that the company is actively addressing risks associated with the COVID-19 pandemic and its impact on operations[6]. - The management has outlined future operational goals, emphasizing sustainable growth and risk management strategies[6]. - The company is focusing on enhancing operational management and safety production management to mitigate risks associated with rapid growth and market competition[162][165]. - The company intends to reduce reliance on major clients by actively exploring other telecom operators, communication equipment suppliers, and government clients[166]. Market Expansion and Strategic Development - The company is focused on expanding its market presence and enhancing its technological capabilities through new product development[6]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service portfolio[6]. - The company aims to expand its services into cloud services and IDC services, leveraging its existing expertise in communication technology[47]. - The company intends to establish subsidiaries overseas to explore international markets, particularly in ASEAN countries, in line with national policies[49]. - The company is committed to continuous market expansion and business development to improve market share and operational performance in response to external challenges[170]. Research and Development - The company has a strong commitment to research and development, aiming to innovate and improve its service offerings[6]. - The R&D team has achieved over 220 intellectual property results, including patents and software copyrights, focusing on market-driven innovation[73]. - The company has established multiple research institutes focusing on 5G technology, IoT applications, and big data services, enhancing its innovation capabilities[87]. - The company plans to increase R&D investment in high-tech areas such as 5G technology applications, industrial and power IoT technology applications, and big data services[161]. - The company has established several research institutions, including an Innovation Research Institute and a European Future Technology Research Institute, to enhance its technological capabilities and maintain market competitiveness[168]. Financial Health and Investment - The net cash flow from operating activities reached CNY 469,716,382.10, a significant increase of 174.80% compared to CNY 170,930,253.78 in 2018[31]. - The total assets at the end of 2019 were CNY 4,937,168,337.10, reflecting a 26.15% increase from CNY 3,913,670,385.69 at the end of 2018[31]. - The net assets attributable to shareholders increased by 8.22% to CNY 2,846,581,521.81 from CNY 2,630,309,970.50 in 2018[31]. - The company reported a net cash flow from investment activities of -¥586,246,261.04, a decrease of 235.57% year-on-year, attributed to acquisitions in the power sector[121]. - The company has invested CNY 484,625,501.00 during the reporting period, a significant increase of 3,489.79% compared to CNY 13,500,090.00 in the previous year[133]. Compliance and Governance - The company has committed to not transferring or entrusting the management of its shares for 12 months following the IPO, with an automatic extension of the lock-up period by 6 months if the stock price falls below the issue price for 20 consecutive trading days[185]. - Major shareholders have pledged not to reduce their holdings for 36 months post-IPO, with a maximum annual reduction of 20% of their total shares held during the subsequent 24 months[187]. - The company is actively engaged in compliance with legal and regulatory requirements regarding share reduction and management[187]. - The company will ensure compliance with laws and regulations regarding related party transactions and will avoid conflicts of interest[193]. Stock Price Stabilization Measures - The company plans to implement a stock repurchase program to stabilize its stock price, with a total repurchase fund not exceeding 10% of the previous year's audited net profit[199]. - The stock repurchase will be conducted through centralized bidding, tender offers, or other methods approved by the China Securities Regulatory Commission[199]. - If the stock price remains below the audited net asset value for 10 consecutive trading days after the repurchase, the controlling shareholder has committed to increase their shareholding[199]. - The company will hold a board meeting within 5 trading days after the conditions for initiating the stock price stabilization measures are met[199]. - A shareholders' meeting will be convened within 25 trading days to review the specific stock price stabilization plan[199].

润建股份有限公司 2020 年第一季度报告全文 润建股份有限公司 2020 年第一季度报告 2020 年 04 月 1 润建股份有限公司 2020 年第一季度报告全文 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。 公司负责人许文杰、主管会计工作负责人梁姬及会计机构负责人(会计主管 人员)黄宇声明：保证季度报告中财务报表的真实、准确、完整。 2 润建股份有限公司 2020 年第一季度报告全文 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 | 上年同期 | 本报告期比上年同期 ...

润建股份有限公司 2019 年第三季度报告全文 润建股份有限公司 2019 年第三季度报告 2019 年 10 月 1 润建股份有限公司 2019 年第三季度报告全文 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。 公司负责人许文杰、主管会计工作负责人梁姬及会计机构负责人(会计主管 人员)黄宇声明：保证季度报告中财务报表的真实、准确、完整。 2 润建股份有限公司 2019 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|------------------|-------------------------------| ...

润建股份有限公司 2019 年第三季度报告全文 润建股份有限公司 2019 年第三季度报告 2019 年 10 月 1 润建股份有限公司 2019 年第三季度报告全文 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。 公司负责人许文杰、主管会计工作负责人梁姬及会计机构负责人(会计主管 人员)黄宇声明：保证季度报告中财务报表的真实、准确、完整。 2 润建股份有限公司 2019 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------------------|-------------------------|------------------|------------------- ...

Financial Performance - The company reported a revenue of RMB 1.5 billion for the first half of 2019, representing a year-on-year increase of 20%[22] - The net profit attributable to shareholders was RMB 300 million, up 15% compared to the same period last year[22] - The company's operating revenue for the reporting period was ¥1,613,007,674.65, representing a 7.39% increase compared to the same period last year[29] - The net profit attributable to shareholders was ¥87,703,672.27, a decrease of 14.60% year-on-year[29] - The net profit after deducting non-recurring gains and losses was ¥83,478,745.44, down 17.80% from the previous year[29] - The company's operating revenue for the first half of 2019 was approximately RMB 1.61 billion, representing a 7.39% increase compared to RMB 1.50 billion in the same period last year[80] - Revenue from the telecommunications technology services industry was RMB 1,582,207,644.54, accounting for 98.09% of total revenue, with a year-on-year growth of 5.34%[83] - The gross profit margin for the telecommunications technology services industry decreased by 6.48% to 17.54%[86] User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching a total of 2 million active users[22] - The company plans to expand its market presence in Southeast Asia, targeting a 30% growth in that region by the end of 2020[22] - The company is expanding its service range to include information technology services, power and new energy services, and cloud services[39] - The company is expanding its service offerings to include information technology services, power and new energy services, cloud services, and IDC services, establishing a strong foundation for future business development[75] Research and Development - The company has allocated RMB 100 million for research and development in new technologies for the upcoming fiscal year[22] - Research and development investment remained stable at approximately RMB 56.42 million, showing a slight increase of 0.91% compared to RMB 55.91 million in the previous year[80] - The company has established a 5G application technology research institute to meet business needs in communication transmission technology[54] - The company plans to increase its research investment in the information technology field to develop generalized intelligent service capabilities[65] - The company established an innovation research institute to focus on communication technology applications and provide big data application services, among other products and services[64] Financial Management and Risks - The board has decided not to distribute cash dividends for this fiscal year, focusing on reinvestment for growth[7] - The company faces risks related to market competition and reliance on major clients, which could impact future performance[6] - The company continues to face risks from market competition within the third-party mobile communication technology service industry, which is characterized by numerous small-scale enterprises[124] - The company is actively seeking to reduce dependency on major clients by exploring opportunities with other telecom operators, equipment suppliers, large enterprises, and government departments[128] - The company faces management risks due to rapid growth and is enhancing its internal management structure to support business development[128] Shareholder Structure and Changes - The total number of shares before the recent change was 220,746,347, with 75.00% being restricted shares[174] - The number of restricted shares decreased by 21,414,773, resulting in 144,144,974 restricted shares, which now represent 65.30% of the total shares[174] - The number of unrestricted shares increased by 21,414,773, bringing the total to 76,601,373, which accounts for 34.70% of the total shares[174] - The total number of common shareholders at the end of the reporting period was 31,033[185] - The company has established a shareholding platform for management and key employees through Guangxi Weikedeli Investment Management Center[189] - The company has a significant concentration of ownership among its top shareholders, with the top two shareholders holding over 59% of the total shares[185] Operational Efficiency - Operating costs increased by 16.52% to approximately RMB 1.33 billion, up from RMB 1.14 billion, due to the expansion of business scale[80] - The company achieved a significant reduction in management expenses, which decreased by 51.86% to approximately RMB 48.20 million from RMB 100.14 million, attributed to personnel structure optimization and enhanced cost control[80] - The net cash flow from operating activities improved by 50.21%, reaching approximately RMB -302.72 million, compared to RMB -607.94 million in the same period last year[80] Investment and Projects - The total investment during the reporting period was ¥1,275,000, a 100% increase compared to the previous year[96] - The total amount of raised funds was ¥125,596.06 million, with ¥13,358.40 million invested during the reporting period[100] - The investment progress for the regional service network and training center construction project reached 74.11% as of June 30, 2019, with an actual investment of ¥7,011.82 million out of a total planned investment of ¥9,462 million[113] - The investment progress for the R&D center construction project was 68.15% as of June 30, 2019, with an actual investment of ¥6,346.58 million out of a total planned investment of ¥9,313 million[113] Corporate Governance and Compliance - The company has held two temporary shareholder meetings and one annual meeting during the reporting period, with investor participation rates of approximately 68%[133] - The company has no major litigation or arbitration matters during the reporting period[142] - The company reported no significant related party transactions during the reporting period[147] - The company did not engage in any joint external investment related party transactions during the reporting period[149] - The company has not conducted any significant environmental protection issues and is not listed as a key pollutant unit by environmental authorities[168]

Event Details - The company will participate in the "2019 Guangxi Regional Listed Companies Investor Online Collective Reception Day" event [2] - The event will be held on May 28, 2019 (Tuesday) from 14:00 to 17:00 [2] - The event will be conducted through the internet platform provided by Shenzhen Panorama Network Co., Ltd [2] - Investors can participate by visiting the "Panorama Roadshow World" website or following the WeChat official account: Panorama Network Roadshow World [2] Participants - Vice Chairman and General Manager Xu Wenjie [2] - Director and CFO Liang Ji [2] - Director, Deputy General Manager, and Board Secretary Shen Xiangping [2] Interaction Topics - Corporate governance [2] - Development and operation status [2] - Financing situation [2] - Sustainable development [2] Participation Method - Investors can ask questions through the Panorama Network Investor Relations Interactive Platform [2] - Company executives will be online throughout the event to answer investor questions in real-time [2]

Financial Performance - The company's operating revenue for 2018 was ¥3,231,680,137.02, representing a 16.31% increase compared to ¥2,778,394,660.03 in 2017[23]. - The net profit attributable to shareholders for 2018 was ¥205,877,713.64, a decrease of 14.00% from ¥239,400,030.68 in 2017[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥178,122,049.06, down 22.55% from ¥229,986,346.41 in 2017[23]. - The net cash flow from operating activities for 2018 was ¥170,930,253.78, a significant improvement of 190.88% compared to -¥188,078,079.28 in 2017[23]. - The total assets at the end of 2018 were ¥3,913,670,385.69, an increase of 63.97% from ¥2,386,839,788.46 at the end of 2017[23]. - The net assets attributable to shareholders at the end of 2018 were ¥2,630,309,970.50, up 121.12% from ¥1,189,539,737.08 at the end of 2017[23]. - The basic earnings per share for 2018 were ¥0.97, a decrease of 33.10% from ¥1.45 in 2017[23]. - The diluted earnings per share for 2018 were also ¥0.97, reflecting the same decrease of 33.10% from ¥1.45 in 2017[23]. - The weighted average return on equity for 2018 was 8.84%, down 13.62% from 22.46% in 2017[23]. - The company reported non-recurring gains totaling ¥27,755,664.58 for 2018, compared to ¥9,413,684.27 in 2017[31]. Business Operations - The company operates in the telecommunications sector, focusing on modern communication networks and related technologies[11]. - The company has subsidiaries involved in planning, design, and information technology services[11]. - The company is focused on expanding its business operations and exploring new market opportunities[5]. - The company provides a full range of integrated communication technology services, including network construction, maintenance, and optimization, which enhances its competitive advantage in the market[50]. - The company has formed long-term partnerships with major equipment manufacturers like Huawei and ZTE, enabling it to offer professional optimization solutions across various wireless network standards[40]. - The company is expanding its service offerings beyond telecommunications operators to include sectors such as education, finance, healthcare, and government, reflecting a broader market strategy[45]. - The company has established a comprehensive information network technology service platform covering 29 provinces, enhancing its cross-regional service capabilities[50]. - The company completed the construction of service networks in seven major regions, establishing a comprehensive information network technology service platform across the country[62]. Research and Development - The company has obtained over 90 intellectual property achievements, including invention patents and software copyrights, to enhance its R&D capabilities[55]. - The company established an innovation research institute to focus on advanced technologies such as 5G, IoT, big data, and cloud computing[65]. - Research and development expenses increased by 25.40% to ¥110,388,843.38, reflecting the company's commitment to enhancing R&D capabilities[86]. - R&D personnel count rose to 1,166, with R&D personnel accounting for 12.59% of the total workforce[107]. - The company has made significant advancements in 5G technology, IoT, and big data platforms, indicating a strong focus on innovation[87]. - The company completed several key projects, including a big data platform and wireless network performance monitoring systems, aimed at optimizing management efficiency[89]. Financial Management - The company has a commitment to ensuring the accuracy and completeness of its financial reports[4]. - The company has maintained a stable asset structure, with no significant changes in fixed assets or intangible assets during the reporting period[46]. - The company has not reported any significant changes in its business, products, or services during the reporting period[82]. - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[180]. - The company has not sold any significant assets or equity during the reporting period[134][135]. - The company confirmed that there were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[168]. Risk Management - The company emphasizes risks including market competition, reliance on major clients, and management challenges due to rapid growth[5]. - The company faces risks related to market competition, reliance on major clients, and the need for continuous technological updates to maintain competitiveness[140]. - The company has been recognized as a high-tech enterprise since 2016, but its certification is set to expire, posing a risk of not passing the re-evaluation[141]. Shareholder Returns - The company reported a profit distribution plan of 1.20 RMB per 10 shares, totaling a base of 220,746,347 shares[5]. - In 2018, the company distributed a cash dividend of 1.20 CNY per 10 shares, totaling 26,489,561.64 CNY, based on a total share capital of 220,746,347 shares[146]. - The cash dividend amount for 2017 was also 26,489,561.64 CNY, with a payout ratio of 11.06% of the net profit attributable to ordinary shareholders[148]. - The total distributable profit for 2018 was 859,515,190.61 CNY, with the cash dividend accounting for 100% of the profit distribution[148]. - The cash dividend for 2018 represents a 12.87% payout ratio of the net profit attributable to ordinary shareholders[148]. - The company has committed to maintaining a minimum cash dividend ratio of 20% during significant capital expenditure phases[148]. - The company plans to distribute cash dividends of no less than 10% of the distributable profits in years with positive profits and sufficient cash flow[155]. Corporate Governance - The company has appointed Huapu Tianjian Accounting Firm as its auditor for the 2018 fiscal year, with an audit fee of ¥900,000[173]. - There were no significant accounting errors that required retrospective restatement during the reporting period[171]. - The company did not experience any major litigation or arbitration matters during the reporting period[176]. - The company reported no penalties or rectification issues during the reporting period[177]. - The company has not faced any situations that could lead to suspension or termination of its listing[175]. - The company will disclose information regarding related party transactions in accordance with legal requirements[157]. Social Responsibility - The company has actively fulfilled its social responsibilities, including a 300,000 CNY donation for educational support[193]. - The company has not conducted any precision poverty alleviation work during the reporting period[194].

Financial Performance - The company's operating revenue for Q1 2019 was ¥749,072,090.42, representing a 13.86% increase compared to ¥657,884,563.69 in the same period last year[10] - Net profit attributable to shareholders for Q1 2019 was ¥48,061,905.77, up 22.77% from ¥39,146,540.03 in the previous year[10] - The net profit after deducting non-recurring gains and losses was ¥45,776,558.22, reflecting a 17.75% increase from ¥38,875,363.04 year-on-year[10] - Total operating revenue for the first quarter reached ¥749,072,090.42, an increase of 13.8% compared to ¥657,884,563.69 in the same period last year[52] - The total profit for the current period was ¥57,186,844.54, an increase from ¥46,597,962.97, representing a growth of 22.5%[59] - The company's operating profit was ¥57,262,530.96, compared to ¥46,597,657.10 in the previous period, indicating a growth of 22.5%[59] Cash Flow - The net cash flow from operating activities improved to -¥200,898,123.78, a 49.36% reduction in losses compared to -¥396,720,643.49 in the same period last year[10] - The cash flow from operating activities was ¥727,873,125.48, compared to ¥667,931,973.66 in the previous period, indicating an increase of 9%[67] - Total cash inflow from operating activities amounted to 781,315,276.80, compared to 702,002,958.86 in the previous period, reflecting a 11.3% increase[70] - Cash outflow from operating activities totaled 982,213,400.58, down from 1,098,723,602.35, showing a decrease of approximately 10.6%[70] - The net cash flow from investing activities was -474,844,844.68, compared to -4,560,507.00 in the previous period, indicating a significant increase in cash outflow[73] - The net cash flow from financing activities was 125,340,339.77, a decrease from 1,779,488,748.65 in the previous period, indicating reduced financing activity[79] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,111,181,218.60, a 5.05% increase from ¥3,913,670,385.69 at the end of the previous year[10] - Total liabilities rose to ¥1,430,996,051.45 from ¥1,283,360,415.19, indicating an increase in current liabilities[39] - The company's total assets increased to ¥4,142,381,344.24 from ¥3,903,807,757.73, representing a growth of 6.1%[51] - The total liabilities increased to ¥1,463,523,610.32 from ¥1,274,567,790.92, a rise of 14.8%[48] Shareholder Equity - The net assets attributable to shareholders increased to ¥2,680,185,167.15, up 1.90% from ¥2,630,309,970.50 at the end of the last year[10] - The company's equity attributable to shareholders rose to ¥2,678,857,733.92 from ¥2,629,239,966.81, an increase of 1.9%[51] Earnings Per Share - Basic earnings per share for Q1 2019 were ¥0.22, down 8.33% from ¥0.24 in the same period last year[10] - Diluted earnings per share also stood at ¥0.22, reflecting the same 8.33% decrease compared to the previous year[10] - The basic and diluted earnings per share were both ¥0.22, compared to ¥0.24 in the previous period[59] Expenses - Total operating costs amounted to ¥694,604,937.12, up from ¥611,605,632.47, reflecting a year-over-year increase of 13.5%[52] - Management expenses decreased by 51.30% to ¥47,243,869.37, primarily due to reduced personnel costs[21] - Research and development expenses for the quarter were ¥27,645,626.20, slightly up from ¥26,182,850.45, indicating a focus on innovation[52] - The company reported an 88.44% increase in asset impairment losses to ¥6,861,662.94, mainly due to increased accounts receivable and inventory write-downs[21] Other Income - The company reported non-operating income of ¥2,285,347.55, primarily from government subsidies and investment income[10] - The company reported a foreign exchange gain of ¥217,276.34, compared to a loss of ¥87,276.12 in the previous period[59]