Financial Performance - The company's operating revenue for 2020 was ¥2,014,349,383.34, representing a 7.61% increase from ¥1,871,951,550.71 in 2019[27]. - The net profit attributable to shareholders for 2020 was ¥293,158,574.55, a 12.02% increase compared to ¥261,699,335.74 in 2019[27]. - The basic earnings per share for 2020 was ¥0.72, up 5.88% from ¥0.68 in 2019[27]. - In 2020, the company achieved a sales revenue of 2.014 billion yuan, a year-on-year increase of 7.61%[66]. - The company's net profit attributable to shareholders was 293 million yuan, an increase of 12.16% compared to the previous year[66]. - The company's operating revenue for 2020 was CNY 2,001,523,693.42, representing a year-on-year increase of 7.02%[86]. - The gross profit margin for the equipment manufacturing sector was 40.37%, a decrease of 1.16% compared to the previous year[86]. - The gross profit margin for automation equipment was 41.93%, reflecting a year-on-year increase of 0.87%[86]. Cash Flow and Investments - The net cash flow from operating activities decreased by 38.74% to ¥200,515,595.63 from ¥327,328,643.53 in 2019[27]. - The company's cash and cash equivalents at the end of 2020 amounted to CNY 103 million, representing 29.12% of total assets[107]. - The net cash flow from financing activities was negative CNY 282 million, a decrease of 163.86% compared to the previous year[106]. - The total investments for the reporting period were CNY 109 million, a significant decrease of 66.67% compared to CNY 327 million in the previous year[115]. - The company reported a total of RMB 88.44 million in derivative investments during the reporting period, with a realized profit of RMB 1.07 million[121]. - The company has a total of RMB 39.67 million in unutilized raised funds, with 66.04% of the total raised funds already used[127]. Risk Management - The company faces various risks including the impact of the pandemic on the global economy, rising raw material prices, and exchange rate fluctuations[7]. - The company emphasizes the importance of risk awareness for investors regarding its future development outlook[6]. - The company has implemented risk control measures to address potential risks associated with foreign exchange hedging, including market, liquidity, credit, operational, and legal risks[122]. - The company engaged in foreign exchange hedging to mitigate currency risk, adhering strictly to operational needs without speculative trading[122]. Business Strategy and Development - The company has outlined its future development strategies in the report, highlighting potential growth areas[6]. - The company aims to achieve sales revenue of 2.3 billion to 2.5 billion yuan in 2021, representing a year-on-year growth of 10% to 19%[164]. - The company is focusing on integrating automation with information technology to enhance system integration and achieve higher precision and reliability in its products[151]. - The company aims to develop three business segments (mobile terminals, new energy, precision components and molds) into over 1 billion scale each within three years, and grow the new energy segment to 3 billion within three to five years[158]. - The company plans to accelerate investment in product and technology to support its 3+N business strategy and enhance competitiveness through mergers and acquisitions[163]. Research and Development - The company has 664 R&D personnel, accounting for 30.59% of the total workforce, and holds 80 software copyrights and 183 patents, including 40 invention patents[57]. - The company's R&D investment totaled CNY 230 million, accounting for 11.42% of total revenue, with 664 R&D personnel making up 30.59% of the workforce[72]. - The company is focusing on technology development projects in 2021, including high-speed EV stacking and high-efficiency vacuum packaging[167]. Market Presence and Customer Relationships - The company has established strong business relationships with leading brands across various industries, including mobile terminals, new energy, and automotive sectors[41]. - The company is actively developing new customer relationships, particularly in the electric vehicle and photovoltaic sectors, to expand its market presence[167]. - The company has established strong partnerships with leading brands in mobile terminals and new energy sectors, ensuring stable demand for automation equipment[156]. Dividend Policy - The company proposed a cash dividend of 2.30 CNY per 10 shares, totaling 94.72 million CNY for the 2020 fiscal year[178]. - The cash dividend payout ratio for 2020 is 32.31% of the net profit attributable to ordinary shareholders[182]. - The cash dividend for 2020 represents 100% of the total profit distribution[183]. - The company has maintained a consistent cash dividend distribution over the past three years, with the 2018 dividend being 3.20 CNY per 10 shares, totaling 11.81 million CNY[182]. Corporate Governance - The company has committed to ensuring the accuracy and completeness of its financial reports, as stated by its management[5]. - The company has a dedicated board secretary and securities representative for investor relations[21]. - The company has not experienced any changes in its main business or controlling shareholders since its listing[25]. - The company has not reported any violations of commitments as of the end of the reporting period[184].

Financial Performance - Operating revenue for the quarter reached CNY 729,035,250.86, a year-on-year increase of 20.29%[9] - Net profit attributable to shareholders decreased by 4.87% to CNY 120,357,786.00 compared to the same period last year[9] - Basic earnings per share decreased by 11.19% to CNY 0.2936[9] - The weighted average return on equity was 4.95%, down by 1.57% from the previous year[9] - The company reported a decrease of 10.58% in net profit after deducting non-recurring gains and losses, totaling CNY 109,030,490.79[9] - The net profit attributable to shareholders was CNY 243.04 million, an increase of 15.05% compared to the previous year[25] - The total profit for the period was CNY 357,984,600.39, an increase of 23.2% compared to CNY 290,628,580.80 in Q3 2019[89] - The net profit for the current period is CNY 149,860,055.08, up from CNY 144,504,861.37 in the previous period, reflecting a growth of approximately 2.35%[71] - The company reported a decrease in the net profit attributable to the parent company, which is CNY 120,357,786.00, down from CNY 126,516,636.22 in the previous period, reflecting a decline of about 4.09%[71] Assets and Liabilities - Total assets increased by 10.17% to CNY 3,528,644,650.98 compared to the end of the previous year[9] - The company's total assets as of September 30, 2020, amount to 3.53 billion CNY, an increase from 3.20 billion CNY at the end of 2019[47] - The company's current assets total 2.86 billion CNY, compared to 2.61 billion CNY at the end of 2019, reflecting a growth of approximately 9.6%[47] - The company's total liabilities amount to 800.15 million CNY, up from 663.43 million CNY at the end of 2019[53] - The total liabilities as of September 30, 2020, were ¥260,171,275.71, up from ¥225,543,439.05 at the end of 2019, representing an increase of about 15.4%[63] - The company's equity attributable to shareholders is 2.49 billion CNY, an increase from 2.33 billion CNY in the previous year[56] - The company's total current liabilities included accounts payable of CNY 175,172,258.27 and short-term borrowings of CNY 55,109,567.26[115] Cash Flow - The net cash flow from operating activities was negative at CNY -229,122,379.04, a significant decrease of 5,153.41%[9] - Cash inflow from operating activities totaled CNY 1,439,605,044.43, an increase from CNY 1,293,109,566.27 in the previous period, reflecting a growth of approximately 11.3%[98] - Cash outflow from operating activities was CNY 1,310,195,774.92, compared to CNY 1,124,492,943.99 in the prior period, indicating an increase of about 16.5%[98] - The ending cash and cash equivalents balance was CNY 371,722,544.64, down from CNY 1,174,636,032.53, a decrease of approximately 68.3%[101] - Cash inflow from investment activities was CNY 1,864,484,318.76, down from CNY 2,459,359,410.25, a decrease of about 24.2%[101] - Net cash flow from investment activities improved to CNY 63,985,519.70 from a negative CNY 273,446,828.69, indicating a significant recovery[101] - Cash inflow from financing activities totaled CNY 106,746,321.31, a decrease from CNY 619,084,718.47, reflecting a decline of approximately 82.8%[101] - Net cash flow from financing activities was negative CNY 279,445,149.67, compared to a positive CNY 435,950,318.71 in the previous period, indicating a significant shift[101] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,293[13] - The largest shareholder, COLIBRI TECHNOLOGIE, holds 41.87% of the shares[13] Government Subsidies - The company received government subsidies amounting to CNY 25,239,927.60 during the reporting period[9] - Cash received from government subsidies increased by 31.36% to CNY 38.27 million[29] Research and Development - Research and development expenses for Q3 2020 amounted to ¥57,263,739.49, slightly higher than ¥55,549,311.82 in Q3 2019, reflecting a year-over-year increase of approximately 3.1%[68] - The research and development expenses for the current period amount to CNY 32,864,162.46, an increase from CNY 28,732,564.56 in the previous period, representing a growth of approximately 14.83%[75] - Research and development expenses for the period were CNY 88,956,570.30, slightly down from CNY 91,556,858.00 in the previous year[92] Inventory and Receivables - Accounts receivable financing decreased by 47.10% to CNY 59.70 million due to the discounting and collection of notes from the previous year[26] - Prepayments increased significantly by 394.22% to CNY 418.04 million, primarily due to increased inventory[26] - The company reported a 191.04% increase in net inventory value, reaching CNY 347.71 million, attributed to stockpiling[26] - The company's inventory as of September 30, 2020, stands at 347.71 million CNY, a significant increase from 119.47 million CNY in the previous year[47] - Accounts receivable decreased to ¥335,853,481.78 from ¥353,851,073.29, a reduction of approximately 5.1%[60] Financial Management - Financial expenses showed a significant increase of 152.38%, primarily due to exchange losses from currency depreciation[29] - Investment income rose by 189.33% to CNY 107.92 million, driven by increased financial management funds[29] - The company has no significant overdue or unrecovered amounts in its entrusted financial management[40] Future Outlook - The company plans to continue strengthening operational cost control measures to mitigate economic pressures from the pandemic[25] - The company's net profit for the year is expected to show significant fluctuations compared to the previous year, but specific figures are not disclosed[37]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥792,668,635.91, a decrease of 4.36% compared to ¥828,765,788.55 in the same period last year[23]. - Net profit attributable to shareholders was ¥122,684,859.80, representing an increase of 44.79% from ¥84,734,520.79 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥102,876,520.10, up 47.40% from ¥69,795,354.66 in the previous year[23]. - The net cash flow from operating activities was ¥358,531,648.55, an increase of 118.87% compared to ¥163,813,276.27 in the same period last year[23]. - Basic earnings per share rose to ¥0.2992, a 30.31% increase from ¥0.2296 in the same period last year[23]. - Total assets at the end of the reporting period were ¥3,437,425,368.71, reflecting a growth of 7.32% from ¥3,203,006,243.66 at the end of the previous year[23]. - Net assets attributable to shareholders increased to ¥2,374,088,894.45, a rise of 1.82% from ¥2,331,586,157.02 at the end of the previous year[23]. Risks and Challenges - The company faced various risks including unclear policies on electronic cigarettes and potential demand slowdown in various sectors[7]. - The company faces risks including economic downturns due to the COVID-19 pandemic, unclear electronic cigarette policies, and potential misdirection in technology development[106]. - The company has faced risks related to the unclear regulatory environment for e-cigarettes, which has led to a slowdown in equipment investment plans from downstream clients[108]. Business Strategy and Operations - The company plans not to distribute cash dividends or bonus shares during this reporting period[7]. - The company adopts a "sales-driven production" model, customizing automation equipment based on client orders, which reflects a high degree of customization and non-standardization[35]. - Key performance drivers include the investment in fixed assets in downstream industries, particularly in mobile terminals and new energy sectors, which are cyclical in nature[36]. - The company focuses on emerging industries and continuously explores new market opportunities, leveraging its technological capabilities[37]. - The company is actively exploring other business areas, including equipment for heated tobacco production, to offset declining demand in the e-cigarette sector[108]. Research and Development - The company has established a mature R&D system with 597 technical R&D personnel, accounting for 28.73% of the total workforce, and has obtained 74 software copyrights and 172 patents, including 38 invention patents[51]. - The company is focusing on enhancing its core and key technology research and development efforts, particularly in AOI visual defect detection technology[108]. Market Trends and Opportunities - The demand for digitalization and automation solutions in sectors like healthcare and logistics presents new business opportunities for the company[41]. - The global electronic cigarette market is projected to reach $15 billion by 2021, driven by rapid development in regions like the US and Europe[44]. - The logistics industry in China is experiencing rapid growth, with the new retail market expected to reach approximately CNY 1.8 trillion by 2022, reflecting a compound annual growth rate (CAGR) of 115% from CNY 389.4 billion in 2017[46]. Financial Position and Investments - Cash and cash equivalents at the end of the reporting period amounted to ¥1,123,040,035.50, representing 32.67% of total assets, a decrease of 6.19% compared to the previous year[71]. - The company has seen a 20 million CNY increase in equity assets due to investments in Zhongke Rui Technology (Shenzhen) Co., Ltd.[49]. - The total amount of committed investment projects is CNY 56,577.53 million, with a cumulative investment of CNY 16,031.55 million by the end of the reporting period, representing an investment progress of 28.37%[90]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,707[154]. - The top ten shareholders include COLIBRI TECHNOLOGIES PTE LTD with a 41.87% stake and Shenzhen Huamiao Investment Co., Ltd. with an 18.52% stake[157]. - The company has maintained a stable shareholder structure with no significant changes in the ownership of directors and senior management during the reporting period[177].

Financial Performance - The company's operating revenue for Q1 2020 was ¥194,470,186.38, a decrease of 50.59% compared to ¥393,579,515.20 in the same period last year[9] - Net profit attributable to shareholders was ¥1,145,707.13, down 97.31% from ¥42,630,645.43 year-on-year[9] - The net profit after deducting non-recurring gains and losses was -¥9,769,367.20, a decline of 128.33% compared to ¥34,479,255.33 in the previous year[9] - Basic and diluted earnings per share were both ¥0.0028, down 97.58% from ¥0.1155 in the previous year[9] - Total revenue for the first quarter was CNY 194,470,186.38, a decrease of 50.5% compared to CNY 393,579,515.20 in the previous year[59] - Net profit for the quarter was CNY 4,275,988.34, a significant decline from CNY 52,450,051.99 in the same period last year, representing a decrease of 91.8%[65] - The company's operating revenue for the current period is ¥87,254,010.19, a decrease of 59.0% compared to ¥212,705,936.68 in the previous period[69] - The net profit for the current period is ¥75,944,234.51, a decrease of 35.3% compared to ¥117,455,258.18 in the previous period[72] Cash Flow and Liquidity - The net cash flow from operating activities increased by 131.21% to ¥279,348,378.89 from ¥120,821,020.51 in the same period last year[9] - Cash inflow from operating activities increased to CNY 296,979,950.29, up from CNY 217,524,839.76, representing a growth of approximately 36.5% year-over-year[83] - Net cash flow from operating activities turned positive at CNY 138,244,289.37, compared to a negative CNY 36,252,085.13 in the previous period[83] - Cash and cash equivalents increased to ¥1,204,922,467.74, up from ¥1,017,947,045.22, reflecting a growth of 18.38%[43] - Cash and cash equivalents at the end of the period stood at CNY 569,436,149.85, up from CNY 414,792,239.34, reflecting an increase of about 37.4%[86] - The net increase in cash and cash equivalents for the period was CNY 6,132,307.22, a recovery from a decrease of CNY -45,904,951.70 in the prior year[86] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,109,264,113.12, a decrease of 2.93% from ¥3,203,006,243.66 at the end of the previous year[9] - The total current assets amounted to ¥2,522,705,852.38, a decrease of 3.35% from ¥2,610,270,102.61 on December 31, 2019[43] - Total liabilities decreased to ¥593,013,760.00 from ¥663,434,321.50, a reduction of 10.57%[52] - Total liabilities rose to CNY 337,399,916.56, compared to CNY 225,543,439.05, reflecting an increase of 49.6%[59] - The total equity attributable to shareholders was ¥2,330,588,408.01, slightly down from ¥2,331,586,157.02[52] Operational Highlights - The company reported a significant increase in prepayments, rising by 268.39% to CNY 31,160,627.25, attributed to the new mask machine business[25] - Inventory levels increased by 105.32% to CNY 245,297,400.38, reflecting preparations for new order business[25] - The company achieved a 379.11% increase in cash received from investment income, totaling CNY 6,775,432.08, mainly from interest income on financial products[28] - The company reported a significant increase in contract liabilities, which rose to CNY 126,476,081.86 from CNY 34,947,749.63, indicating a growth of 262.5%[59] - The company actively expanded its product offerings by developing flat mask machines and folding mask machines, receiving positive market feedback[24] Shareholder Information - The top ten shareholders held a total of 100% of the shares, with COLIBRI TECHNOLOGIE S PTE LTD holding the largest share at 41.87%[13] - The company has no outstanding external guarantees as of the reporting date, having released its guarantee obligations[29] Research and Development - Research and development expenses increased to CNY 52,510,483.60, up from CNY 49,608,824.61, indicating a growth of 3.6%[62] - Research and development expenses increased to ¥27,728,395.53, up from ¥24,325,722.51 in the previous period, reflecting a focus on innovation[69]

Financial Performance - The company's operating revenue for 2019 was CNY 1,871,951,550.71, a decrease of 2.97% compared to 2018[24]. - The net profit attributable to shareholders for 2019 was CNY 261,699,335.74, down 11.64% from the previous year[24]. - The net profit after deducting non-recurring gains and losses was CNY 242,959,675.59, a decrease of 9.79% year-on-year[24]. - The basic earnings per share for 2019 was CNY 0.68, a decline of 15.00% from 2018[24]. - The weighted average return on net assets was 13.79%, down 6.28% from the previous year[24]. - The total operating income for the fourth quarter was ¥437,128,817.87, while the net profit attributable to shareholders was ¥50,448,178.73[29]. - The company achieved operating revenue of 1.872 billion yuan, a decrease of 2.97% year-on-year, and a net profit attributable to shareholders of 262 million yuan, down 11.64% year-on-year[71]. - The mobile terminal business generated sales revenue of 960 million yuan in 2019, a decline of 12.91% year-on-year, primarily due to the impact of US-China trade tensions and reduced smartphone sales[74]. - The electronic cigarette segment reported sales revenue of 242 million yuan, down 18.33% year-on-year, affected by regulatory policies in the US and China[76]. - The medical and food high-speed filling business generated sales revenue of 76 million yuan, a remarkable growth of 155.73% year-on-year, with successful applications in IVD and beverage capsule filling[77]. Cash Flow and Investments - The net cash flow from operating activities increased by 16.62% to CNY 327,328,643.53 in 2019[24]. - Operating cash inflow decreased by 10.92% to ¥1,760,860,073.15, while operating cash outflow decreased by 15.48% to ¥1,433,531,429.62[103]. - The net cash flow from investment activities showed a significant decrease of 1,418.32%, resulting in a net outflow of ¥1,163,114,098.27[106]. - The company reported a net interest income of RMB 1.68 million from bank deposits and financial products in 2019[121]. - The company has allocated RMB 40 million of idle raised funds for cash management, investing in low-risk financial products[130]. Assets and Liabilities - The total assets at the end of 2019 reached CNY 3,203,006,243.66, reflecting a growth of 27.58% compared to the end of 2018[24]. - Fixed assets increased by 264.75 million yuan, a growth of 149.30%, primarily due to the acquisition of 100% equity in DiGuang Electronics in November 2019[59]. - Intangible assets rose by 43.89 million yuan, a growth of 132.71%, also attributed to the acquisition of DiGuang Electronics[59]. - The company reported a total of 901,848,175.88 CNY in restricted assets, primarily due to term deposits and collateralized notes[113]. - The company’s financial liabilities at fair value amounted to 2,649,879.05 CNY, with no significant changes in asset measurement attributes during the reporting period[109]. Market Position and Strategy - The company focuses on the research, design, production, and sales of industrial automation equipment, with applications in various industries including mobile terminals and new energy[38]. - The automation industry in China is experiencing significant growth, with the company positioned to capitalize on the increasing demand for automation solutions in various sectors[42]. - The company has established strong partnerships with leading brands across multiple sectors, enhancing its market position and driving growth[41]. - The company is actively exploring new technologies and products to meet the evolving needs of emerging markets, particularly in automation and digital solutions[44]. - The company aims to enhance its brand recognition and market position through active marketing efforts and product line optimization[145]. Research and Development - As of December 31, 2019, the company had 637 R&D personnel, accounting for 29.19% of the total workforce, and held 151 patents, including 37 invention patents[61]. - The company has invested in the development of new products, including wireless smart charging and testing equipment for wearable products, and high-speed automation solutions for various industries[73]. - The company has made significant advancements in machine vision and image processing, enhancing production efficiency across various automated assembly and inspection lines[61]. - The company developed new R&D projects including camera and module testing equipment, and high-precision electronic cigarette filling equipment[101]. Risks and Challenges - The company faces risks including economic downturns due to the COVID-19 pandemic and unclear policies regarding electronic cigarettes[6]. - The company anticipates risks from the COVID-19 pandemic affecting economic activity and demand across sectors, and is actively coordinating supply chain responses[161]. - The company is addressing the unclear regulatory risks associated with the electronic cigarette industry[162]. Dividend and Shareholder Policy - The company plans to distribute a cash dividend of CNY 2 per 10 shares, based on a total of 410,000,000 shares[6]. - The company reported a cash dividend of RMB 82 million for the fiscal year 2019, distributing RMB 2 per 10 shares, which represents 31.33% of the net profit attributable to ordinary shareholders[172][175]. - The company’s cash dividend policy is designed to protect the rights of minority investors, with clear standards and procedures in place[172]. - The board has developed a future dividend return plan for 2017-2019 to ensure shareholder returns[199]. Acquisitions and Investments - The company acquired 100% of DiGuang Electronics on November 27, 2019, to address high rental costs and management difficulties in Shenzhen[92]. - The company’s investment in Di Guang Electronics is expected to resolve issues related to high rental costs and management difficulties in multiple locations[116]. - The company has invested RMB 8.1 million (22.68% of the total) in the Zhongshan Kory Automation Technology project, with a completion deadline set for December 31, 2022[127].

Financial Performance - Operating revenue decreased by 19.10% to CNY 606,056,944.29 compared to the same period last year[9] - Net profit attributable to shareholders decreased by 28.58% to CNY 126,516,636.22 compared to the same period last year[9] - Basic earnings per share decreased by 31.13% to CNY 0.3306 compared to the same period last year[9] - Diluted earnings per share decreased by 31.13% to CNY 0.3306 compared to the same period last year[9] - Weighted average return on equity decreased by 44.31% to 6.52% compared to the same period last year[9] - Total operating revenue for the current period is CNY 606,056,944.29, a decrease of 19.1% compared to CNY 749,127,328.53 in the previous period[58] - Net profit for the current period is CNY 144,504,861.37, a decline of 31.7% from CNY 211,705,387.77 in the previous period[61] - Total operating revenue for the current period is CNY 324,078,179.38, a decrease of 26.7% compared to CNY 441,974,418.03 in the previous period[69] - Net profit for the current period is CNY 72,441,806.02, a decline of 38.6% compared to CNY 118,053,648.76 in the previous period[72] - Total comprehensive income for the current period is CNY 72,441,806.02, compared to CNY 118,053,648.76 in the previous period[72] Assets and Liabilities - Total assets increased by 16.85% to CNY 2,933,421,304.24 compared to the end of the previous year[9] - Total liabilities decreased to CNY 446,163,805.28 from CNY 692,586,123.41, a reduction of 35.5%[44] - The company's equity attributable to shareholders increased to ¥2,280,639,056.20, up 41.0% from ¥1,615,953,021.32[47] - The total assets reached ¥2,933,421,304.24, an increase of 16.8% from ¥2,510,509,599.98[47] - The company's total assets have increased to CNY 1,899,460,136.69 from CNY 1,417,276,009.73, representing a growth of 33.8%[57] - Total liabilities decreased to CNY 231,467,436.58 from CNY 387,474,064.40, a reduction of 40.3%[54] - The company's equity increased to CNY 1,667,992,700.11 from CNY 1,029,801,945.33, reflecting a growth of 62.0%[57] Cash Flow - Net cash flow from operating activities decreased by 106.97% to -CNY 4,361,401.12 compared to the same period last year[9] - The company reported a 101.80% increase in cash received from operating activities, totaling CNY 29,133,828.80, attributed to more government subsidies received[25] - The company's cash flow from operating activities was ¥1,196,683,193.46, a decrease of 15% compared to ¥1,407,801,932.20 in the previous period[91] - Operating cash inflow totaled ¥1,293,109,566.27, a decrease of 14.5% from ¥1,511,443,250.88 in the previous period[94] - The net increase in cash and cash equivalents was ¥320,383,312.48, contrasting with a decrease of -¥64,097,441.14 in the prior period[97] Government Subsidies and Other Income - The company reported government subsidies of CNY 26,411,723.61 during the reporting period[9] - Other income increased by 65% to CNY 26,411,723.61, mainly due to higher government subsidies received[25] - The company received tax refunds totaling ¥67,292,544.01, compared to ¥89,204,009.83 in the previous period, indicating a decrease of 24.6%[94] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,617[13] - The company has engaged in investor relations activities, indicating a proactive approach to communication with stakeholders[34] Research and Development - Research and development expenses for the current period are CNY 55,549,311.82, slightly up from CNY 54,132,413.83 in the previous period[58] - Research and development expenses for the current period amount to CNY 28,732,564.51, a decrease of 54.4% from CNY 62,824,293.44 in the previous period[69] - Research and development expenses increased to ¥91,556,857.95, up 14.1% from ¥80,296,268.78 in the previous period[86] Financial Stability and Strategy - The company is focusing on enhancing its financial stability and operational efficiency through strategic asset management and reduction of liabilities[44] - The company plans to focus on market expansion and new product development in the upcoming quarters[63] - The company is focused on maintaining a strong balance sheet while exploring new market opportunities[124]