Financial Performance - The company's revenue for Q1 2023 was ¥183,938,992.32, representing a 25.40% increase compared to ¥146,682,582.20 in the same period last year[4] - Net profit attributable to shareholders was ¥1,799,411.20, a significant turnaround from a loss of ¥21,754,504.07 in Q1 2022, marking an increase of 108.27%[4] - Operating profit for Q1 2023 was ¥461,336.32, compared to an operating loss of ¥25,476,596.26 in the previous year[17] - Basic and diluted earnings per share for Q1 2023 were both ¥0.01, recovering from a loss of ¥0.14 per share in Q1 2022[17] Cash Flow - The net cash flow from operating activities improved to ¥3,052,958.81, compared to a negative cash flow of ¥55,207,686.04 in the previous year, reflecting a 105.53% increase[4] - Cash flow from operating activities for Q1 2023 was ¥3,052,958.81, a turnaround from a negative cash flow of ¥55,207,686.04 in Q1 2022[18] - Cash flow from investing activities showed a net outflow of ¥135,210,691.30 in Q1 2023, improving from a net outflow of ¥430,905,492.63 in the same period last year[20] Assets and Liabilities - The company's total assets decreased by 3.98% to ¥2,032,058,456.49 from ¥2,116,253,934.45 at the end of the previous year[4] - Total current liabilities decreased to CNY 485,188,805.16 from CNY 566,403,722.46, a reduction of approximately 14.35%[15] - The total liabilities decreased to CNY 520,959,724.02 from CNY 606,960,422.88, reflecting a decline of about 14.16%[15] - The total equity attributable to shareholders increased slightly to CNY 1,511,098,732.47 from CNY 1,509,293,511.57, an increase of approximately 0.12%[15] Inventory and Expenses - The company's inventory decreased by 33.23% to ¥48,735,660.85, as previously accumulated materials were consumed due to improved market conditions[8] - Research and development expenses decreased by 30.80% to ¥8,358,199.90, attributed to a reduction in R&D personnel costs[8] - Sales expenses for Q1 2023 were ¥10,032,265.84, down from ¥13,632,239.79 in the previous year, indicating a 26.5% decrease[16] Shareholder Information - The company has a major shareholder, Dai Baolin, holding 23.36% of the shares, alongside Liu Qingmei, who also holds 23.36%[11] Other Financial Metrics - The weighted average return on equity improved to 0.12% from -1.31% in the same period last year[4] - The company reported a significant decrease in financial expenses, which rose by 311.99% to ¥185,351.99 due to increased guarantee fees[8] - The investment income dropped by 73.78% to ¥1,005,995.54, mainly due to lower yields from low-risk wealth management products purchased during the period[8] - Accounts receivable decreased to CNY 370,126,310.62 from CNY 427,476,080.93, indicating a reduction of approximately 13.41%[13] - The company reported a significant decrease in contract liabilities from CNY 150,683,203.61 to CNY 91,346,177.20, a reduction of about 39.30%[14][15] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[12]

Financial Performance - The company's operating revenue for 2022 was approximately ¥407 million, a decrease of 48.34% compared to ¥788 million in 2021[23]. - The net profit attributable to shareholders was a loss of approximately ¥156 million, representing a decline of 1,274.14% from a profit of ¥13 million in the previous year[23]. - The net cash flow from operating activities was negative at approximately ¥165 million, a decrease of 348.28% compared to a positive cash flow of ¥66 million in 2021[23]. - The basic earnings per share were reported at -¥1.04, down 1,255.56% from ¥0.09 in 2021[23]. - Total assets at the end of 2022 were approximately ¥2.116 billion, an 8.42% decrease from ¥2.311 billion at the end of 2021[23]. - The net assets attributable to shareholders decreased by 9.37% to approximately ¥1.509 billion from ¥1.665 billion in 2021[23]. - The company reported a weighted average return on equity of -9.83%, a decline of 10.63% from 0.80% in the previous year[23]. - The net profit after deducting non-recurring gains and losses was a loss of approximately ¥169 million, compared to a loss of ¥9 million in 2021, marking an increase of 1,688.72% in losses[23]. - The company acknowledged uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[23]. Revenue and Market Segments - The company is focusing on three main business segments: "Smart Light Art," "Smart Cultural Tourism," and "Smart City Domain," leveraging digital technology to build the "HAO Digital Twin Integration Network Platform"[40]. - The company aims to achieve a 20% market share for new energy vehicles by 2025, in line with national policies promoting electric vehicle adoption[37]. - The company is positioned to benefit from the growing market for smart city construction, driven by government policies and technological advancements in IoT, AI, and big data[36]. - The revenue from lighting engineering construction business was ¥403,994,925.48, down 48.51% from ¥784,571,363.88 in the previous year[79]. - The revenue from lighting engineering design business increased by 85.63% to ¥1,766,372.09 in 2022 from ¥951,571.68 in 2021[85]. Research and Development - The company has a research and design team of 135 people, accounting for 27.33% of the total number of employees[45]. - The company added 4 authorized invention patents, 25 utility model patents, and 38 design patents during the reporting period, bringing the total to 10 invention patents and 89 utility model patents[77]. - The company is investing 200 million RMB in R&D for new technologies in smart lighting systems over the next two years[145]. - The company's R&D investment decreased by 13.55% to ¥42,913,257.94 in 2022, while the R&D investment as a percentage of operating revenue increased to 10.54% from 6.30%[90]. Strategic Initiatives - The company is committed to enhancing its operational capabilities across regions, establishing a nationwide market network to support its growth strategy[39]. - The company is actively expanding its market presence through new project contracts, including significant projects in major cities[49]. - The company aims to leverage new technologies and models to drive industry development and innovation[76]. - The company is exploring new business growth points by integrating smart technology with cultural tourism, aiming to enhance user experience through immersive technologies[120]. Corporate Governance - The company maintains a complete and independent financial management system, ensuring compliance with accounting standards and independent financial decision-making[133]. - The company emphasizes the importance of investor relations, ensuring timely and accurate information disclosure to all shareholders[131]. - The company has established a transparent performance evaluation and incentive mechanism for senior management, linking compensation to performance[130]. - The company has plans for future growth, including potential mergers and acquisitions to strengthen its market position[139]. Environmental and Social Responsibility - The company is committed to promoting low-carbon technologies and supporting carbon neutrality initiatives in urban construction[48]. - The company is committed to green and low-carbon transformation, developing a comprehensive management service system that includes battery banks and integrated energy solutions[121]. - The company has established an environmental management and protection system in compliance with national laws and regulations, achieving certification[177]. Challenges and Risks - The company has faced challenges due to a slowdown in domestic economic growth and increased raw material costs, impacting project execution and cash flow[46]. - The company faces risks related to economic fluctuations and market competition, which could impact its operational performance and market share[124]. - The company faces risks from rising raw material and labor costs, which could significantly impact operational performance if prices increase substantially[125]. - The overall quality of accounts receivable is good, but there is a risk of delayed payments from some clients, which could adversely affect cash flow and operational performance[125]. Future Outlook - The company provided a positive outlook for 2023, projecting a revenue growth of 25% driven by new product launches and market expansion strategies[184]. - The company has set a revenue guidance of 1.8 billion RMB for the fiscal year 2023, projecting a growth of 20% compared to 2022[143]. - The company plans to enhance its supply chain efficiency, targeting a reduction in operational costs by 15% by the end of 2023[149]. - The company aims to achieve carbon neutrality in its operations by 2025, aligning with global sustainability trends[150].

证券代码：002963 证券简称：豪尔赛 豪尔赛科技集团股份有限公司 投资者关系活动记录表 编号：【2020】-【002】 | --- | --- | --- | |---------------------|-----------------------------|----------------------------------------------| | | | | | | □ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 £业绩说明会 | | 投资者关系 活动类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 □ | 一对一沟通 | | | R | 其他：北京辖区上市公司投资者集体接待日 | | 参与人员 | 广大投资者 | | | 时间 | 2020 年 9 月 8 日 | | | 地点 | " 全景 • 路演天下 " | | | | （ | http://rs.p5w.net/html/123119.shtml ） | | 上市公司 | | | | 接待人员 | | 公司董事会秘书侯春辉先生、财务总监闻国平先生 | | --- | --- | |------- ...

证券代码：002963 证券简称：豪尔赛 编号：【2021】-【001】 | --- | --- | --- | |----------------|------------------------------------|-----------------------------------------------------------------------------------------------------| | | □ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | 业绩说明会 | | 投资者关系 | □ 新闻发布会 □ | 路演活动 | | 活动类别 | □ 现场参观 □ | 一对一沟通 | | | 其他： 2021 | 年北京辖区上市公司投资者集体接待日 | | 参与人员 | 广大投资者 | | | 时间 | 2021 年 9 月 23 日 | | | 地点 | " 全景网 " （ | http://rs.p5w.net ） | | 上市公司 | | 公司董事会秘书侯春辉先生、财务总监闻国平先生 | | 接待人员 | | | | | | 问：节能降耗方面，公司有哪些投入？ ...

Financial Performance - The company's revenue for Q3 2022 was ¥154,559,952.10, a decrease of 28.24% compared to the same period last year[3] - The net profit attributable to shareholders was ¥20,536,434.61, an increase of 79.88% year-on-year[3] - The net profit excluding non-recurring gains and losses was ¥11,988,006.53, up 257.34% from the previous year[3] - Total operating revenue for the current period was ¥356,583,242.53, a decrease of 47.9% compared to ¥683,353,740.67 in the previous period[20] - The net profit for the current period was a loss of ¥37,660,849.66, compared to a profit of ¥54,760,086.55 in the same period last year, representing a significant decline[21] - The company reported a basic and diluted earnings per share of -0.25, down from 0.36 in the previous period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,127,155,122.51, down 7.95% from the end of the previous year[3] - The company's total assets as of September 30, 2022, amount to CNY 2,127,155,122.51, a decrease from CNY 2,310,801,380.36 at the beginning of the year[16] - Current assets total CNY 1,811,157,254.60, down from CNY 2,091,584,045.67 at the start of the year[16] - The company's total liabilities as of September 30, 2022, are CNY 499,481,509.17, reduced from CNY 645,466,917.36 at the beginning of the year[17] - The company's total liabilities decreased by 2.26% compared to the previous year-end[3] - The total equity attributable to the parent company is CNY 1,627,673,613.34, down from CNY 1,665,334,463.00[19] Cash Flow - The cash flow from operating activities showed a net outflow of ¥208,160,148.80, a decrease of 502.54% year-on-year[10] - The cash flow from operating activities showed a net outflow of ¥208,160,148.80, contrasting with a net inflow of ¥51,711,839.79 in the previous period[24] - The total cash and cash equivalents at the end of the period were ¥56,680,139.75, a decrease from ¥113,233,842.61 at the end of the previous period[27] - Investment activities resulted in a net cash outflow of ¥268,794,122.38, compared to a larger outflow of ¥379,564,034.12 in the prior period[27] Inventory and Receivables - The inventory increased by 119.74% to ¥70,153,284.19 due to project delays caused by the COVID-19 pandemic[8] - Inventory increased significantly to CNY 70,153,284.19 from CNY 31,925,881.24[16] - The company reported a decrease in accounts receivable to CNY 325,626,533.65 from CNY 336,730,368.16[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,660[11] - The top two shareholders, Dai Baolin and Liu Qingmei, each hold 23.36% of the shares, totaling 35,128,385 shares[11] Government Support and Investment Income - The company received government subsidies amounting to ¥30,672.34 during the reporting period[5] - The investment income decreased by 35.60% to ¥14,412,794.50 due to reduced investment in bank financial products[8] - The company recorded an investment income of ¥14,412,794.50, down from ¥22,380,809.15 in the previous period[20] Research and Development - Research and development expenses were ¥30,011,593.29, slightly down from ¥31,740,146.23 year-over-year[20] Credit Impairment - The company experienced a credit impairment loss of ¥31,283,840.91, compared to a loss of ¥22,914,130.47 in the previous period[21]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥202,023,290.43, a decrease of 56.83% compared to ¥467,983,660.24 in the same period last year[19]. - The net profit attributable to shareholders was a loss of ¥58,197,284.27, representing a decline of 234.27% from a profit of ¥43,343,073.80 in the previous year[19]. - The net cash flow from operating activities was a negative ¥107,742,756.41, worsening by 65.35% compared to a negative ¥65,161,505.10 in the same period last year[19]. - The basic and diluted earnings per share were both -¥0.39, a decrease of 234.48% from ¥0.29 in the previous year[19]. - Total assets at the end of the reporting period were ¥2,126,826,087.86, down 7.96% from ¥2,310,801,380.36 at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 3.49% to ¥1,607,137,178.73 from ¥1,665,334,463.00 at the end of the previous year[19]. - Operating profit was -65.62 million yuan, a decline of 234.51% year-over-year[35]. - The company reported total revenue of 202.02 million yuan, a decrease of 56.83% compared to the same period last year[35]. - The ongoing impact of COVID-19 has significantly affected the company's market development and project progress, leading to a substantial decline in performance[35]. Investment and R&D - Research and development investment increased by 8.51% to ¥24,587,781.41 from ¥22,660,229.21, indicating a continued focus on innovation[55]. - The company has added 27 newly authorized patents and 5 copyrights during the reporting period, reflecting its focus on technological innovation[47]. - The company has a total of 106 authorized patents and 48 copyrights, including 8 invention patents and 67 utility model patents, reflecting its commitment to intellectual property[49]. - The company is actively pursuing investment opportunities in the semiconductor and new energy sectors, aligning with market trends[69][71]. - The company plans to strengthen risk management in the use of raised funds to ensure maximum returns for shareholders while implementing strict cost and expense management to enhance profit levels[116]. Market and Business Strategy - The company focuses on three main business segments: smart lighting, smart cultural tourism, and smart urban areas, leveraging the HAO digital twin integration network platform[28]. - The domestic market for smart lighting, cultural tourism, and urban development is expected to grow significantly due to increasing urbanization and night economy development[30]. - The government has issued several policies to support the development of the smart lighting and cultural tourism industries, enhancing market opportunities[30]. - The trend towards larger smart lighting projects is evident, with increasing contract values indicating a broad market outlook[32]. - The cultural tourism sector is experiencing rapid growth, with a shift towards digital-driven experiences to meet rising consumer demands[32]. - The company is planning to expand its market presence through investments in new technologies and partnerships, particularly in the automotive sector[71]. Risk Factors - The company faces various risk factors that may impact its business operations, as discussed in the report[4]. - The competitive landscape in the lighting engineering industry is intense, with 196 companies holding the highest qualifications alongside the company[33]. - Rising costs of raw materials and labor could significantly affect the company's operating performance if prices increase substantially[91]. - The ongoing uncertainty of the COVID-19 pandemic may disrupt the company's market expansion, project advancement, and supply chain stability[92]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The controlling shareholders, including Dai Baolin, Liu Qingmei, and Dai Congqi, committed to not transferring or entrusting the management of their shares for 36 months post-IPO[107]. - The shareholders expressed a long-term intention to hold the company's stock and will comply with relevant regulations regarding share reduction[107]. - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[98]. - The company maintains effective communication with investors through various channels, ensuring transparency and compliance with disclosure obligations[102]. Asset Management - The total amount of raised funds is 100,000,000, with 192,500,000 already utilized, showing a strong commitment to ongoing projects[75]. - The company has not engaged in any securities or derivative investments during the reporting period, indicating a conservative investment strategy[72][73]. - The company has not reported any issues or other circumstances regarding the use and disclosure of raised funds[83]. - The total equity attributable to shareholders was CNY 1,623,935,105.44 as of June 30, 2022, down from CNY 1,674,111,352.81 at the beginning of the year, reflecting a decrease of about 3%[163]. Future Outlook - The company expects a revenue growth of 25% for the next quarter, driven by new product launches and market expansion strategies[108]. - Future guidance indicates a focus on sustainability initiatives, with plans to reduce carbon emissions by 20% by 2025[110]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[108].

Revenue and Profit - Revenue for Q1 2022 was ¥146,682,582.20, a decrease of 27.56% compared to ¥202,487,316.78 in the same period last year[2] - Net profit attributable to shareholders was -¥21,754,504.07, representing a decline of 235.47% from ¥16,058,469.27 year-on-year[2] - The company reported a net loss of RMB 25,476,596.26 for Q1 2022, contrasting with a profit of RMB 18,397,020.23 in the previous period[16] - The net profit for the first quarter of 2022 was -21,754,504.07 CNY, compared to a net profit of 16,058,469.27 CNY in the same period last year, indicating a significant decline[18] - The company’s total comprehensive income for the first quarter was -21,754,504.07 CNY, reflecting the same loss as the net profit[18] Cash Flow - The net cash flow from operating activities was -¥55,207,686.04, a significant drop of 2,632.68% compared to -¥2,020,275.13 in the previous year[2] - Cash flow from operating activities showed a net outflow of -55,207,686.04 CNY, compared to a smaller outflow of -2,020,275.13 CNY in the prior year[22] - Total cash inflow from investment activities was 420,283,318.96 CNY, while cash outflow was 851,188,811.59 CNY, resulting in a net cash outflow of -430,905,492.63 CNY[22] - The company reported cash and cash equivalents at the end of the period amounting to 50,072,531.08 CNY, down from 100,159,327.39 CNY at the end of the previous year[22] - The total cash outflow for operating activities was 206,080,318.60 CNY, slightly higher than the previous year's outflow of 205,674,862.07 CNY[22] Assets and Liabilities - Total assets decreased by 5.23% to ¥2,189,946,335.15 from ¥2,310,801,380.36 at the end of the previous year[2] - Total assets as of March 31, 2022, were RMB 2,189,946,335.15, down from RMB 2,310,801,380.36 at the beginning of the year[15] - Total liabilities decreased to RMB 546,366,376.22 from RMB 645,466,917.36, a reduction of about 15%[15] - The total amount of current assets was RMB 1,869,633,398.33, down from RMB 2,091,584,045.67, a decrease of about 11%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,437[10] - Basic and diluted earnings per share were both -¥0.14, down 227.27% from ¥0.11 in the same quarter last year[2] - Basic and diluted earnings per share for the first quarter were both -0.14 CNY, down from 0.11 CNY in the previous year[19] Research and Development - Research and development expenses increased by 86.70% to ¥12,078,260.91 from ¥6,469,363.57 year-on-year, indicating a focus on innovation[6] - Research and development expenses increased to RMB 12,078,260.91, compared to RMB 6,469,363.57 in the same period last year, reflecting a 86% increase[16] Investment Income and Losses - Investment income rose by 76.56% to ¥3,837,318.96, attributed to increased returns from bank financial products[6] - The company reported a significant increase in credit impairment losses, which rose by 140.00% to ¥21,176,282.80 compared to ¥8,823,427.62 in the previous year[8] Audit and Reliability - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[23]

Financial Performance - The company's operating revenue for 2021 was approximately ¥787.94 million, representing a 31.74% increase compared to ¥598.12 million in 2020[19]. - The net profit attributable to shareholders decreased by 68.91% to approximately ¥13.29 million in 2021 from ¥42.75 million in 2020[19]. - The net profit after deducting non-recurring gains and losses was approximately -¥9.47 million, a decline of 142.83% compared to ¥22.12 million in 2020[19]. - Basic and diluted earnings per share decreased by 67.86% to ¥0.09 in 2021 from ¥0.28 in 2020[19]. - The weighted average return on net assets was 0.80%, down from 2.60% in 2020, indicating a decline in profitability[19]. - Operating profit decreased to 12.50 million yuan, down 73.44% year-on-year, while total profit fell to 12.05 million yuan, a decrease of 74.15%[41]. - The company achieved total operating revenue of 787.94 million yuan, an increase of 31.74% compared to the same period last year[41]. - Net profit attributable to shareholders was 13.29 million yuan, a decline of 68.91% compared to the previous year[41]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to approximately ¥66.41 million, a 154.02% increase from -¥122.94 million in 2020[19]. - The company reported a significant increase in R&D expenses, totaling CNY 49.64 million in 2021, up 68.17% from the previous year[90]. - The company's cash and cash equivalents net increase was 25,206,407.85 CNY in 2021, a turnaround from a decrease of -393,432,020.26 CNY in 2020, marking a 106.41% improvement[96]. - Investment activity cash flow net improved by 89.69%, from -259,864,816.63 CNY in 2020 to -26,787,187.83 CNY in 2021, attributed to the redemption of financial products[97]. - The total investment amount for the reporting period is CNY 50,000,000, unchanged from the previous year, resulting in a 0.00% change[106]. Business Strategy and Development - Future plans and development strategies are subject to various risk factors, which the company has outlined in its report[5]. - The company aims to leverage core technologies to expand its international brand presence and market reach[31]. - The company is focusing on three smart business segments: "Smart Light Art," "Smart Cultural Tourism," and "Smart City Domain," leveraging digital technology to create the "HAO Digital Twin Integration Network Platform"[36]. - The company aims to accelerate the integration of light environment and related industries, focusing on "smart+" development strategies, including smart lighting and smart cultural tourism[127]. - The company plans to leverage opportunities in the night economy to strengthen its leading position in various lighting sectors, including national events and public facilities[127]. Market Position and Competitive Advantage - The company holds the highest qualifications in the lighting engineering industry, including "Class A Qualification for Lighting Engineering Design" and "First-Class Qualification for Municipal and Road Lighting Engineering" among 191 companies[34]. - The company has completed 65 projects of super high-rise buildings (over 200 meters), representing 7.41% of domestic and 3.89% of global super high-rise projects, indicating a leading position in the industry[35]. - The company has a strong competitive advantage in large-scale engineering projects, with extensive experience in design and construction, enhancing its brand effect in the industry[38]. - The company is recognized as a national high-tech enterprise, highlighting its commitment to innovation and technology advancement in the lighting engineering sector[36]. - The industry is experiencing rapid growth due to the ongoing development of smart cities and digital rural areas, with high-quality lighting environments becoming increasingly important[34]. Research and Development - The company has a mature R&D team of 248 personnel, accounting for 38.33% of total employees[40]. - The number of R&D personnel rose by 26.09% from 115 in 2020 to 145 in 2021, with a notable increase in master's degree holders by 100%[95]. - The company is researching innovative night lighting technologies aimed at enhancing interaction and immersive experiences[91]. - The company is focusing on integrating IoT technology into urban lighting systems to enhance management efficiency and service levels[93]. - The company aims to build a comprehensive management cloud platform utilizing AI, big data, and blockchain technologies for smart city applications[93]. Governance and Compliance - The company has established a clear and independent asset ownership structure, with no funds or resources occupied by the controlling shareholder or related enterprises[139]. - The governance structure includes a well-defined shareholder meeting, board of directors, and supervisory board, ensuring operational independence from the controlling shareholder[140]. - The company emphasizes the importance of internal control and compliance training to enhance governance and operational efficiency[129]. - The company has not reported any instances of directors failing to attend meetings consecutively[162]. - The company has not identified any significant internal control deficiencies during the reporting period, indicating effective internal governance[180]. Shareholder and Market Relations - The controlling shareholders of Haosai Technology Group, including Dai Baolin, Liu Qingmei, and Dai Congqi, committed to not transferring or entrusting their shares within 36 months post-IPO[194]. - The company will adjust the transferable share quota based on changes in shareholding due to rights distributions or capital reductions[194]. - The shareholders must announce their reduction plans 3 trading days in advance and comply with disclosure obligations[196]. - The company emphasizes compliance with relevant laws and regulations regarding shareholding changes and reductions[196]. - The company emphasizes maintaining effective communication with investors through various channels, ensuring transparency in information disclosure[189].

Financial Performance - The company's operating revenue for Q3 2021 was ¥215,370,080.43, representing a year-on-year increase of 27.81%[2] - The net profit attributable to shareholders for the same period was ¥11,417,012.75, up 4.56% year-on-year[2] - The net profit after deducting non-recurring gains and losses decreased by 59.41% to ¥3,354,751.85[2] - Operating revenue for the first nine months of 2021 reached ¥683.35 million, a 61.90% increase compared to ¥422.09 million in the same period of 2020[9] - Net profit for the first nine months of 2021 was ¥54.76 million, reflecting a 47.78% increase from ¥37.05 million in the same period of 2020[9] - Net profit for Q3 2021 was ¥54,760,086.55, representing a 48% increase from ¥37,054,400.06 in Q3 2020[22] - Basic and diluted earnings per share for the period were both ¥0.36, compared to ¥0.25 in the previous year[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,275,720,626.02, an increase of 6.56% compared to the end of the previous year[2] - The company's total assets as of September 30, 2021, included cash and cash equivalents of ¥183.45 million, down from ¥571.01 million at the end of 2020[17] - Total assets as of the end of Q3 2021 were ¥2,275,720,626.02, an increase from ¥2,135,553,230.48 at the end of Q3 2020[19] - Total liabilities increased to ¥569,734,343.47 from ¥478,997,820.74 year-on-year[19] - Total liabilities were $478,997,820.74, down from $488,777,685.03 in the previous period, reflecting a reduction in debt[29] Cash Flow - The cash flow from operating activities for the year-to-date was ¥51,711,839.79, showing a significant increase of 145.90%[2] - Cash flow from operating activities improved significantly, with a net amount of ¥51.71 million compared to a negative ¥112.65 million in the same period of 2020, marking a 145.90% change[12] - Net cash flow from operating activities was $51,711,839.79, a significant improvement from a net outflow of $112,653,868.85 in the previous period[24] - Cash outflow from investment activities was $1,541,767,897.49, down from $2,300,636,986.42 in the previous period, indicating reduced investment spending[25] - Net cash flow from investment activities was -$379,564,034.12, an improvement from -$632,336,938.33 in the previous period[25] Expenses - Research and development expenses increased by 33.29% to ¥31.74 million, up from ¥23.81 million in the previous year[9] - The company reported a significant increase in sales expenses, which rose by 68.75% to ¥41.51 million, compared to ¥24.60 million in the previous year[9] - The company's management expenses increased by 71.36% to ¥58.90 million, up from ¥34.37 million in the same period of 2020[9] - The company experienced a 94.02% increase in investment income, reaching ¥22.38 million compared to ¥11.54 million in the previous year[9] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,762, with no preferred shareholders[14] - Total equity attributable to the parent company reached CNY 1,656,555,409.74, showing a slight increase from CNY 1,655,736,993.90, with a change of -CNY 818,415.84[30] Other Information - The company began implementing the new lease accounting standard from January 1, 2021, which may impact future financial reporting[31] - The third quarter report has not been audited, which may affect the reliability of the financial data presented[31]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥467,983,660.24, representing an increase of 84.55% compared to ¥253,584,662.64 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was ¥43,343,073.80, a growth of 65.84% from ¥26,135,255.97 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥31,901,802.79, which is a 97.15% increase compared to ¥16,181,878.10 in the same period last year[18]. - The basic earnings per share for the first half of 2021 was ¥0.29, up 70.59% from ¥0.17 in the same period last year[18]. - Operating profit reached 48.78 million yuan, up 57.01% year-on-year, while total profit was also 48.78 million yuan, reflecting a 57.02% increase[31]. - The company reported a significant increase in revenue from the Northeast region, which surged by 9,475.36% to ¥221,207,281.88[54]. - The company achieved total operating revenue of 467.98 million yuan, an increase of 84.55% compared to the same period last year[31]. - The company reported a total of 1,196,000,000.00 CNY in financial assets purchased during the period, with a closing balance of 587,499,424.91 CNY in trading financial assets[65]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,163,322,581.23, reflecting a 1.30% increase from ¥2,135,553,230.48 at the end of the previous year[18]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,694,569,269.80, which is a 2.29% increase from ¥1,656,555,409.74 at the end of the previous year[18]. - The company's total assets as of June 30, 2021, amounted to ¥2,178,349,456.34, compared to ¥2,150,401,179.47 at the end of 2020, showing a growth of about 1.3%[145]. - The total liabilities decreased to ¥476,256,119.67 as of June 30, 2021, from ¥486,481,211.10 at the end of 2020, a reduction of approximately 2.5%[146]. - The company's cash and cash equivalents decreased from 571,009,171.19 yuan at the end of 2020 to 161,552,000.23 yuan by June 30, 2021[139]. Cash Flow - The net cash flow from operating activities was -¥65,161,505.10, an improvement of 40.82% compared to -¥110,107,365.98 in the same period last year[18]. - The cash flow from operating activities for the first half of 2021 was CNY 261,606,149.97, compared to CNY 175,431,215.70 in the first half of 2020, indicating a significant increase[155]. - Total cash inflow from investment activities was 894,963,139.88 CNY, while cash outflow was 1,197,195,814.62 CNY, resulting in a net cash flow of -302,232,674.74 CNY[157]. - The total cash outflow for financing activities was 45,625,556.36 CNY, compared to 54,435,332.46 CNY in the same period last year[157]. Research and Development - Research and development expenses rose by 25.79% to ¥22,660,229.21 from ¥18,013,813.04, reflecting the company's commitment to innovation[52]. - Research and development expenses for the first half of 2021 were ¥22,660,229.21, compared to ¥18,013,813.04 in the same period of 2020, reflecting an increase of about 25.5%[147]. - The company is investing heavily in R&D, with a budget allocation of 300 million RMB for new technologies and product development[93]. Market Position and Strategy - The company continues to consolidate its leading advantage in the landscape lighting field, particularly in iconic/super high-rise buildings, cultural tourism performances, and urban space lighting[26]. - The company has obtained the highest level qualifications in China's lighting engineering industry, including "Grade A Qualification for Urban and Road Lighting Engineering" and "Grade A Qualification for Lighting Engineering Design"[26]. - The company became the official partner of the China Pavilion at the Dubai Expo, marking a significant milestone in its international strategy[39]. - The company is positioned to benefit from the integration of lighting with cultural tourism, as the government promotes night-time cultural and tourism consumption zones[30]. - The market for smart urban areas is expected to grow significantly, driven by advancements in 5G and IoT technologies, enhancing the demand for integrated lighting solutions[30]. Corporate Governance and Compliance - The company emphasizes strict adherence to information disclosure obligations, ensuring fair access to information for all investors[85]. - The company adheres to legal regulations to protect the rights of shareholders, creditors, customers, suppliers, and employees[85]. - The company has committed to strengthening the management of raised funds to ensure that the expected benefits from investment projects are realized, which includes projects related to LED lighting R&D and marketing network upgrades[98]. Shareholder Information - The company did not distribute cash dividends or issue new shares from capital reserves during the reporting period[80]. - The company has a commitment from major shareholders to not transfer or manage their shares for 36 months post-IPO[90]. - The total number of shares is 150,359,930, with 54.11% being restricted shares[121]. - The total number of ordinary shareholders at the end of the reporting period was 17,978[125]. Environmental and Social Responsibility - The company is committed to environmental protection, utilizing customized solutions and energy-saving products to achieve energy conservation[87]. - The company has achieved a goal of "zero infections" among employees during the COVID-19 pandemic, ensuring a healthy and safe work environment[87]. - The company has not engaged in any significant equity or non-equity investments during the reporting period[69][70].