证券代码：300170 证券简称：汉得信息 上海汉得信息技术股份有限公司 投资者关系活动记录表 编号：2021-003 | --- | --- | --- | --- | --- | --- | --- | |----------------|------------------------------|--------------------------------------------------------|-------|-------|-------|-------| | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | | | | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | | | | | □ 新闻发布会 | □ 路演活动 | | | | | | | □ 现场参观 | | | | | | | | 其他 （ 2021 | 年第三季度报告交流） | | | | | | 参与单位名称及 | | 聚劲投资张超；国信证券朱张元；金库资本李秋锐；东方阿尔 | | | | | | 人员姓名 | | 法基金陈渭文；万联证券高翔；天风证券李由、王倩雯； | | | | | | | ...

Company Overview - Han'de Information Technology Co., Ltd. has over 300 software copyrights and has recently strengthened innovation investment through convertible bonds [3] - The company has completed its ERP layout for medium to large enterprises, including 4+1 business blocks: ERP, ITO, Group Management Control (GMC), Digital Production and Sales (C2M), and Integrated Technology Platform [3] Business Strategy - The company focuses on the surrounding areas of ERP, viewing it as a backend system while anticipating significant growth in the front-end modules [3] - The company aims for over 30% growth in its proprietary products, particularly in GMC and C2M, over the next few years [3] Market Position - Despite the challenges of domestic ERP replacement, the company continues to engage with large clients, maintaining business relationships with SAP despite the non-renewal of contracts since 2018 [3] - The company recognizes that the ERP market still has room for transformation and growth, especially after system upgrades [6] Product Offerings - C2M leverages digital technologies like AI and IoT to help enterprises establish digital marketing and intelligent manufacturing capabilities [3] - GMC addresses management challenges faced by large enterprises, such as budgeting, compliance, and risk management [3] Future Outlook - The company has resumed large-scale recruitment to boost growth, returning its employee count to around 10,000 [3] - There is a belief in significant growth potential for outsourcing services based on core business needs [7]

证券代码：300170 证券简称：汉得信息 上海汉得信息技术股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | --- | --- | --- | --- | --- | |----------------|----------------|-----------------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | | | | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | | | | | □ 新闻发布会 | □ 路演活动 | | | | | | | □ 现场参观 | | | | | | | | 其他 （ 2021 | 年业绩预告解读） | | | | | | 参与单位名称及 | | 国元证券常雨婷、耿军军；名禹资产王益聪、陈美风；宽潭资 | | | | | | 人员姓名 | | 本单雨婷； ...

Financial Performance - The company's revenue for Q3 2022 reached ¥770,196,154.87, representing a year-on-year increase of 9.21%[6] - Net profit attributable to shareholders for Q3 2022 was ¥43,914,699.88, a significant increase of 247.92% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,640,764.96, up by 186.62% year-on-year[6] - The company achieved operating revenue of CNY 2,230.21 million, a year-on-year increase of 9.11%[22] - Net profit attributable to shareholders reached CNY 442.23 million, a significant increase of 21,787.78% year-on-year[24] - The net profit excluding non-recurring gains and losses rose by 200.93% to CNY 81.23 million[24] - Total operating revenue for the current period reached ¥2,230,212,650.67, an increase of 9.1% from ¥2,043,985,623.59 in the previous period[50] - Operating profit for the current period was ¥485,315,266.52, a significant recovery from a loss of ¥9,287,468.94 in the previous period[50] - Net profit for the current period stood at ¥437,109,042.18, compared to a net loss of ¥2,177,529.55 in the previous period[52] - Total profit for the current period was ¥492,912,469.74, recovering from a loss of ¥2,016,421.56 in the previous period[52] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥5,504,527,241.78, reflecting a growth of 6.46% from the end of the previous year[6] - The equity attributable to shareholders increased to ¥3,874,954,184.84, marking a 13.35% rise compared to the end of last year[6] - As of September 30, 2022, the total assets of the company amounted to CNY 5,504,527,241.78, an increase from CNY 5,170,417,481.14 at the beginning of the year[43] - The company's total liabilities were CNY 1,631,346,359.68, down from CNY 1,761,177,700.49 at the beginning of the year, indicating a reduction of about 7.4%[46] - The company's equity attributable to shareholders increased to CNY 3,874,954,184.84 from CNY 3,418,695,409.64, reflecting a growth of approximately 13.4%[46] Cash Flow - The company reported a net cash flow from operating activities of -¥159,688,894.37, a decline of 56.62% year-on-year[6] - Cash flow from operating activities decreased by 56.62% year-on-year, mainly due to a reduction in loan and repayment activities[30] - Cash flow from operating activities showed a net outflow of ¥159,688,894.37, worsening from a net outflow of ¥101,961,066.40 in the previous period[56] - Cash inflow from financing activities totaled $446,487,630, an increase of 49.6% compared to $298,577,134.38 in the previous period[59] - Net cash flow from financing activities was $185,078,930.79, a significant improvement from a net outflow of $194,876,931.07 in the prior period[59] - Cash and cash equivalents at the end of the period amounted to $1,429,830,008.54, down from $1,568,266,425.64 in the previous period[59] - The company experienced a cash outflow of $261,408,699.21 from financing activities, a decrease of 47.1% compared to $493,454,065.45 in the previous period[59] - Cash and cash equivalents decreased by $191,149,314.66 during the period, an improvement from a decrease of $477,672,887.19 in the previous period[59] Investments and Expenses - The company received government subsidies amounting to ¥12,893,500.65 during the reporting period, contributing to its financial performance[11] - The company’s investment income increased by 2,699.50% year-on-year, attributed to the revaluation of remaining equity in a previously joint venture[29] - Research and development expenses were ¥172,827,494.94, slightly up from ¥170,498,253.99 in the previous period[50] - The company reported investment income of ¥346,087,396.72, a substantial increase from ¥12,362,452.28 in the previous period[50] Business Development - The company has developed the H-ZERO technology platform, focusing on digital transformation solutions for large enterprises, enhancing its market competitiveness[13] - The company aims to enhance its digital marketing capabilities through a series of proprietary marketing software tailored for large enterprises[17] - The company has established a global ERP implementation capability, supporting Chinese enterprises in their overseas expansion efforts[19] - Emerging businesses (industrial digitalization + financial digitalization) saw revenue growth of 30.34%, increasing their total business share from 39.88% to 47.65%[22] - The gross profit margin for the main business increased to 30.01%, up 3.77 percentage points from the same period last year[22] - The gross profit margin for industrial digitalization and financial digitalization improved by 9.79 and 4.83 percentage points, respectively[23] Shareholder Information - The company repurchased and canceled 23,923,100 restricted shares, leading to an adjustment in the convertible bond conversion price from CNY 9.69 to CNY 9.80 per share[39] - Basic earnings per share increased to 0.5049 from 0.0023 in the previous period[52] Inventory and Borrowings - The company's short-term borrowings increased to CNY 360,000,000.00 from CNY 260,000,000.00, marking a rise of approximately 38.5%[46] - The company's long-term equity investments decreased from CNY 82,079,540.10 to CNY 58,954,614.38, a decline of about 28.3%[43] - The company reported a decrease in inventory from CNY 292,416,901.55 to CNY 213,570,188.33, a reduction of about 27%[43] Other Information - The third quarter report was not audited[60]

Financial Performance - In the first half of 2022, the company achieved operating revenue of 1.46 billion yuan, representing a year-on-year growth of 9.06%[5] - The company's net profit after deducting non-recurring gains and losses in Q1 2022 was 20.44 million yuan, marking a return to profitability after a year[4] - In Q2 2022, the net profit after deducting non-recurring gains and losses increased by 9.57 million yuan year-on-year, demonstrating the resilience of the company's business model[5] - The company's operating revenue for the reporting period was ¥1,460,016,495.80, representing a 9.06% increase compared to ¥1,338,710,546.19 in the same period last year[41] - Net profit attributable to shareholders reached ¥398,319,680.94, a significant increase of 1,156.21% from ¥31,708,015.32 in the previous year[41] - The basic earnings per share (EPS) increased to ¥0.4541, up 1,154.42% from ¥0.0362 in the same period last year[41] - The net profit attributable to shareholders was ¥39,831.97 million, a substantial increase of 1,156.21% year-on-year, primarily due to non-recurring gains from the restructuring of an associate company[128] - The net profit after deducting non-recurring gains was ¥5,058.95 million, an increase of ¥9,569.99 million year-on-year, supported by higher gross profit and reduced impairment losses[128] Business Segments and Growth - The emerging self-owned business segments (industrial digitalization and financial digitalization) grew by 30.01% year-on-year, with their revenue share rising from 39.52% to 47.11%[5] - The gross margin for the emerging business segments was 31.74%, up from 24.62% in the same period last year[5] - The intelligent manufacturing business has seen significant growth, particularly in the lithium battery and new energy sectors, with services extending to upstream and downstream supply chains[65] - The financial digitalization business focuses on optimizing management and operational models for large enterprises, aiming to reduce internal communication costs and improve operational efficiency[75] - The digital marketing business continues to maintain high growth, being one of the fastest-growing segments, with a focus on enhancing market competitiveness and expanding new markets[68] - The company has transitioned from a pure ERP service provider to a comprehensive digital service provider, focusing on industrial and financial digitalization as key growth areas[51] Operational Efficiency and Strategy - The company is focusing on delivery model reform to enhance efficiency and reduce costs, with significant progress expected in the second half of 2022[6] - The company is actively managing cash flow and optimizing processes to improve operational efficiency[6] - The company plans to increase the efficiency of its delivery model by transitioning to a more centralized and automated approach[115] - The company is committed to continuous investment in R&D to strengthen its foundational capabilities and improve delivery efficiency[55] - The company is focusing on technological innovation amidst rapid advancements in cloud computing, big data, and AI, while managing the risks associated with new product development and iteration[172] Investment and Financial Management - The company has not declared any cash dividends or stock bonuses for the current period[19] - The company reported a government subsidy of ¥17,322,756.94, which is closely related to its normal business operations[47] - The total amount of raised funds is 923.38 million yuan, with 115.04 million yuan invested during the reporting period and a cumulative investment of 690.66 million yuan[148] - The company has not engaged in any entrusted financial management or derivative investments during the reporting period[156][157] - The company has not made any significant equity investments during the reporting period, a 100% decrease from the previous year[144] Subsidiaries and Global Expansion - The company has established a subsidiary, Shanghai Hand Zhenchuang Technology Co., Ltd., to enhance its digital R&D capabilities[62] - The company is focusing on expanding its digital solutions to meet the growing demand from emerging industries like cross-border e-commerce[105] - The company has implemented digital projects across over 80 countries, enhancing its competitive edge in overseas implementation capabilities[116] - The company plans to accelerate overseas business expansion in the second half of 2022, addressing challenges faced in the first half due to the pandemic[9] Stock Options and Incentives - The company has implemented a stock option incentive plan, granting a total of 51.2 million stock options to 912 eligible participants[185] - The company completed the grant registration of 51.2 million stock options for 912 incentive targets under the 2021 stock option incentive plan on February 9, 2021[189] - As of May 9, 2022, a total of 11.74 million stock options granted to 216 incentive targets had been canceled[190] - The company decided to repurchase and cancel 40% of the unfulfilled restricted stock from the 2018 equity incentive plan due to unmet unlocking conditions for the third unlocking period[198] Challenges and Adaptations - The company faced operational challenges in Q2 2022 due to COVID-19, impacting performance, but has adapted by shifting to a centralized delivery model to mitigate travel issues[168] - Human resource costs are expected to rise due to the talent-intensive nature of the software and IT services industry, but the company is reforming its delivery model to enhance productivity and reduce costs[169]

Financial Performance - The company's operating revenue for Q1 2022 was ¥712,350,365.66, representing an increase of 8.99% compared to ¥653,566,450.78 in the same period last year[4] - Net profit attributable to shareholders was ¥347,840,302.77, a significant increase of 1,858.57% from ¥17,759,893.76 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥20,443,846.89, up 255.53% from a loss of ¥13,144,766.26 in the same period last year[4] - The gross profit margin for the main business was 29.28%, an increase from 24.16% in the same period last year, driven by improvements in delivery efficiency[18] - Revenue from the digital industry segment was ¥174,350,000, accounting for 24.48% of total revenue, with a year-on-year growth of 41.07%[15] - The financial digitalization segment generated ¥152,730,000, representing 21.44% of total revenue, with a year-on-year increase of 7.58%[15] - The company reported a 137.56% increase in non-operating income, primarily due to government subsidies received[21] - Total operating revenue for the current period reached ¥712,350,365.66, an increase of 9.0% compared to ¥653,566,450.78 in the previous period[48] - Total operating costs for the current period were ¥675,536,051.61, slightly up from ¥660,432,416.50, reflecting a 2.0% increase[48] - Net profit attributable to the parent company was ¥347,840,302.77, a significant increase from ¥17,759,893.76 in the previous period, marking a growth of 1,960.5%[51] - The company reported a comprehensive income total of ¥337,465,277.44, compared to ¥23,140,959.98 in the previous period, indicating a substantial increase[54] - Basic earnings per share for the current period were ¥0.3966, up from ¥0.0203 in the previous period, representing a growth of 1,858.1%[54] Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥295,373,319.36, a decline of 89.25% compared to the previous year's outflow of ¥156,078,131.11[4] - Cash inflow from operating activities totaled ¥689,558,324.99, down from ¥785,402,839.19 in the previous period, a decrease of 12.2%[55] - The net cash flow from operating activities was -$295.37 million, compared to -$156.08 million in the previous period, indicating a decline in operational performance[58] - Total cash inflow from investment activities was $5.14 million, significantly lower than $179.16 million in the previous period, reflecting reduced investment returns[58] - Cash outflow from investment activities totaled $125.10 million, down from $261.99 million, resulting in a net cash flow from investment activities of -$119.97 million, compared to -$82.83 million previously[58] - Cash inflow from financing activities was $112.85 million, slightly down from $114.27 million, while cash outflow from financing activities decreased to $26.63 million from $185.09 million, leading to a net cash flow from financing activities of $86.22 million, compared to -$70.82 million previously[58] - The net increase in cash and cash equivalents was -$332.63 million, compared to -$303.42 million in the previous period, indicating ongoing liquidity challenges[58] - The ending balance of cash and cash equivalents was $1.29 billion, down from $1.74 billion in the previous period, reflecting a decrease in available cash resources[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,315,199,123.00, an increase of 2.80% from ¥5,170,417,481.14 at the end of the previous year[4] - Current liabilities decreased to RMB 690,256,179.94 from RMB 893,650,578.45, a reduction of 22.7%[45] - Total liabilities amounted to RMB 1,611,047,213.89, down from RMB 1,761,177,700.49, indicating a decrease of 8.5%[45] - The company's equity increased to RMB 3,704,151,909.11, up from RMB 3,409,239,780.65, representing an increase of 8.7%[45] - Non-current assets totaled RMB 2,056,340,271.55, an increase of 16.9% compared to RMB 1,759,600,496.92 in the previous period[42] - The minority shareholders' equity improved to -¥8,290,833.83 from -¥9,455,628.99, indicating a reduction in losses[48] Strategic Initiatives - The company plans to accelerate the digitalization of industries and finance, focusing on smart manufacturing and digital marketing to achieve higher growth rates in Q2 2022[24] - The traditional service business aims for steady progress while expanding into emerging industry clients and enhancing cooperation with key existing clients[24] - The company is committed to transforming delivery methods to reduce costs and improve efficiency, thereby increasing gross profit margins[24] - Cash flow management will be strengthened through process optimization and performance policies to enhance cash recovery efficiency and reduce impairment levels[24] - The company plans to introduce strategic investors into its subsidiary, Shanghai Dingyi Information Technology Co., Ltd., with an investment of RMB 5.87 million[38] Risks and Challenges - The company faces significant risks from the ongoing COVID-19 pandemic, particularly in cities like Shanghai, which may impact customer acquisition, order fulfillment, and delivery[24] - To mitigate pandemic-related risks, the company is accelerating remote centralized delivery methods, which have proven effective in the past two years[25] - The company is expanding its overseas business to counterbalance domestic resource idleness caused by the pandemic, leveraging its strong remote delivery capabilities[25] - Foreign exchange fluctuations are a concern due to the growth of overseas business; the company plans to engage in foreign exchange derivatives trading to hedge against these risks[29] Shareholder Information - As of the report date, the total number of ordinary shareholders is 48,979, with the top ten shareholders holding significant stakes, including 5.99% by Chen Diqing and Fan Jianzhen[30] - The company has initiated a capital increase for its subsidiary, Shanghai Zhenzhi Technology Co., Ltd., with a total investment of 70 million yuan from multiple investors[37] Audit and Compliance - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[59]

Financial Performance - In 2021, the company experienced a revenue rebound, returning to an upward trajectory after a decline in 2019 and 2020, with significant growth attributed to the acceleration of new software product business[5]. - The company reported a net profit increase, with the profitability of incubated products improving, indicating a positive trend towards operational recovery[5]. - The company's operating revenue for 2021 was ¥2,810,661,529.65, representing a 12.74% increase from ¥2,493,084,967.52 in 2020[38]. - The net profit attributable to shareholders for 2021 was ¥197,066,619.71, a significant increase of 199.91% compared to ¥65,709,488.68 in 2020[38]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥161,621,745.69, a decrease of 476.50% from ¥42,927,593.73 in 2020[38]. - The net cash flow from operating activities for 2021 was ¥191,404,731.03, down 57.13% from ¥446,512,710.61 in 2020[38]. - The basic earnings per share for 2021 was ¥0.22, an increase of 214.29% from ¥0.07 in 2020[38]. - The diluted earnings per share for 2021 was ¥0.20, up 185.71% from ¥0.07 in 2020[38]. - The total assets at the end of 2021 were ¥5,170,417,481.14, a slight decrease of 0.90% from ¥5,217,577,254.22 at the end of 2020[38]. - The net assets attributable to shareholders at the end of 2021 were ¥3,418,695,409.64, an increase of 3.24% from ¥3,311,530,422.44 at the end of 2020[38]. - The weighted average return on net assets for 2021 was 5.79%, an increase of 3.66% compared to 2.13% in 2020[38]. - The company reported a significant decline in net profit after deducting non-recurring gains and losses, indicating potential challenges in operational efficiency[38]. Business Strategy and Focus - The management team emphasized a strategic focus on becoming a comprehensive service provider combining "software products + services," targeting four main business lines: industrial digitalization, financial digitalization, ERP, and IT outsourcing[6]. - The company plans to enhance the delivery efficiency through reforms in the delivery model, aiming for high-quality rapid development of its proprietary software business in 2022[8]. - The management expressed confidence in navigating challenges posed by the macroeconomic environment and the ongoing pandemic, with preparations to expand into overseas markets[8]. - The company aims to leverage the increasing digital transformation needs of large enterprises to drive its core business growth[64]. - The company plans to focus on four major business lines: industrial digitalization, financial digitalization, general ERP, and IT outsourcing to meet customer digitalization demands[194]. - The company aims to transition from a service-oriented company to a software and service integrated digital service provider within 3-5 years[195]. - The company will enhance its market expansion efforts in its proprietary software business, targeting a significant increase in market share[196]. Market Trends and Opportunities - The digital economy's contribution to GDP is projected to rise from 7.8% in 2020 to 10% by 2025, indicating a favorable macro environment for the company's growth[54]. - The smart manufacturing software market is expected to grow at a compound annual growth rate (CAGR) of 17.4%, reaching ¥320.22 billion by 2026[64]. - The average growth rate of digital marketing in China is expected to be 19% in 2022, with digital marketing investment accounting for slightly over 50% of total marketing expenditure[66]. - The demand for digital marketing services is increasing among top-ranking enterprises, indicating a strong growth opportunity for the company's digital marketing business in the coming years[69]. - The financial digitalization sector is experiencing heightened demand due to the integration of business and finance, requiring more intelligent solutions to enhance operational efficiency[70]. - The ERP market continues to grow, driven by leading enterprises expanding their organizational scale and the need for digital transformation in various sectors[73]. - The trend of IT outsourcing is rising as companies seek to delegate digital resource management to specialized service providers, enhancing operational efficiency[74]. Product Development and Innovation - The company has developed its own technology platform, "Fusion Middle Platform," which supports the development of proprietary software products such as intelligent manufacturing and digital marketing[4]. - The company has transitioned from a service provider to a comprehensive digital solution supplier, focusing on both software and implementation services[75]. - The core business capabilities include "industrial digitalization," "financial digitalization," "pan-ERP," and "ITO," with a focus on self-developed software products[79]. - The company has developed its own intelligent manufacturing software, which has been refined through numerous projects, targeting industries such as lithium battery, automotive, and engineering machinery[83]. - The company has developed the "一步制造云" software to enhance digital manufacturing capabilities, creating a "1+n" collaborative manufacturing system that integrates upstream supply chain enterprises[86]. - The company has developed the HSCS software for automated reconciliation and settlement, addressing the complexities of modern business transactions, widely used in various industries including internet and retail[98]. - The "智享财务" suite aims to integrate financial processes with business operations, enhancing efficiency and compliance in financial management[102]. - The management accounting business leverages big data and AI to support internal management and decision-making, with a focus on comprehensive budgeting and performance analysis[105]. Operational Challenges and Risks - The company acknowledged the risks associated with rising human resource costs, which are a significant operational expense in the talent-intensive software and IT services industry[15]. - The company has seen a growing demand for digitalization services among large enterprises, particularly in the areas of intelligent manufacturing and financial digitalization[6]. - The gross profit margin for the main business was 25.74%, a decrease compared to the previous year, attributed to rising labor costs and the transition of proprietary software from development to maturity[125]. - Sales expenses increased by CNY 62,023,758.17 year-on-year, primarily due to the recovery of business activities and the hosting of a user conference[125]. - The net cash flow from operating activities decreased by 57.13% year-on-year, mainly due to increased payments to employees and other operating expenses[126]. International Expansion and Subsidiaries - The company has established subsidiaries or offices in overseas markets including Japan, Singapore, Europe, and the United States, demonstrating its global ERP implementation delivery capabilities[108]. - The company has formed localized solution packages that comply with local tax, compliance, and legal requirements in over 80 countries, enhancing its overseas implementation capabilities[119]. - The company has established remote centralized delivery centers in Wuhan, Xi'an, and Chengdu, with plans to expand their scale and evaluate new centers[199]. Research and Development - R&D investment in 2021 amounted to ¥449,548,905.80, representing 15.99% of operating revenue, a decrease from 18.26% in 2020[151]. - The number of R&D personnel decreased by 9.59% from 7,109 in 2020 to 6,427 in 2021, with the proportion of R&D personnel dropping from 79.74% to 66.87%[151]. - The capitalized R&D expenditure in 2021 was ¥226,338,815.91, representing 50.35% of total R&D investment, an increase from 47.11% in 2020[151]. - The company plans to continue utilizing raised funds for their intended purposes without any reported issues[184].

Financial Performance - The company's revenue for Q3 2021 was ¥705,275,077.40, representing a 4.87% increase year-over-year, while the year-to-date revenue reached ¥2,043,985,623.59, up 9.79% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was a loss of ¥29,687,552.53, a decrease of 293.27% year-over-year, and the year-to-date net profit was ¥2,020,462.79, down 95.06% compared to the previous year[6]. - Total operating revenue for the current period reached ¥2,043,985,623.59, an increase of 9.8% compared to ¥1,861,647,240.18 in the previous period[31]. - Net profit for the current period was a loss of ¥2,177,529.55, a significant decline from a profit of ¥43,162,727.74 in the same period last year[34]. - The company reported a total profit of ¥-2,016,421.56, down from ¥50,028,548.69 in the previous period, indicating a decline of 104.0%[34]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥101,961,066.40, reflecting a decrease of 228.36% year-over-year[13]. - Cash flow from operating activities was ¥1,900,938,825.20, an increase from ¥1,822,890,062.29 in the previous period, representing a growth of 4.3%[39]. - Total cash inflow from operating activities was 2,395,006,473.90, compared to 2,593,406,139.67 previously[42]. - Net cash flow from operating activities was -101,961,066.40, a decrease from 79,434,566.21 in the previous period[42]. - Cash inflow from investment activities was 219,881,747.90, significantly higher than 5,102,428.77 in the previous period[42]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,949,459,472.74, a decrease of 5.14% from the end of the previous year[6]. - The company's current assets decreased to RMB 3,429,459,810.17 from RMB 3,825,964,769.90, reflecting a reduction of about 10.35%[24]. - The total liabilities decreased to RMB 1,654,819,585.03 from RMB 1,913,741,394.18, a reduction of approximately 13.5%[30]. - The company's equity attributable to shareholders decreased to RMB 3,300,275,198.97 from RMB 3,311,530,422.44, a slight decline of about 0.7%[30]. - The company’s total current liabilities were ¥1,126,699,592.47, highlighting its short-term financial obligations[52]. Expenses - The company reported a significant increase in financial expenses, up 77.42% year-over-year, primarily due to the accrual of convertible bond interest expenses[9]. - The company experienced a 23.72% increase in sales expenses compared to the same period last year, attributed to the recovery of business activities post-pandemic[9]. - Total operating costs amounted to ¥2,020,518,092.78, up from ¥1,733,758,070.70, reflecting a year-over-year increase of 16.5%[31]. - Research and development expenses were ¥170,498,253.99, compared to ¥160,247,886.55 in the previous period, indicating a growth of 6.9%[34]. - The company experienced a significant increase in sales expenses, which rose to ¥114,667,656.29 from ¥92,685,834.15, marking a 23.7% increase[34]. Investment and Income - The company recorded a 131.79% increase in investment income year-over-year, mainly due to the revaluation of remaining equity after losing control over certain subsidiaries[9]. - Non-operating income for the year-to-date period totaled ¥82,505,749.36, with significant contributions from non-current asset disposal gains and government subsidies[8]. - The company reported investment income of ¥12,362,452.28, recovering from a loss of ¥-38,885,499.44 in the previous period[34]. Equity and Shareholder Information - The company reported a total of ¥884,016,939.00 in share capital and ¥914,149,956.48 in capital reserves[52]. - The company’s retained earnings stood at ¥1,400,293,621.76, indicating a strong profit retention strategy[52]. - The company’s goodwill remained stable at RMB 93,960,012.11, unchanged from the previous period[27]. Other Financial Metrics - The company’s weighted average return on equity was -0.89%, a decrease of 1.38% compared to the previous year[6]. - Basic earnings per share decreased to ¥0.0023 from ¥0.0467 in the previous period, reflecting a decline of 95.1%[36]. - Other comprehensive income after tax was a loss of ¥-2,493,098.13, compared to a loss of ¥-3,005,867.50 in the previous period, showing an improvement[36]. - The company reported a negative other comprehensive income of -¥10,880,875.09[52].

Financial Performance - The company reported a revenue of 300 million RMB for the first half of 2021, representing a year-on-year increase of 15%[24] - The net profit attributable to shareholders for the first half of 2021 was 45 million RMB, up 20% compared to the same period last year[24] - The company's operating revenue for the current period is ¥1,338,710,546.19, representing a 12.58% increase compared to ¥1,189,116,775.70 in the same period last year[32] - The net profit attributable to shareholders for the current period is ¥31,708,015.32, which is a 24.09% increase from ¥25,552,603.94 in the previous year[32] - The gross margin for the first half of 2021 was reported at 40%, reflecting improved operational efficiency[24] - In the first half of 2021, the company achieved operating revenue of CNY 1,338,710,546.19, representing a year-on-year growth of 12.58%[59] - The net profit attributable to shareholders of the listed company was CNY 31,708,015.32, an increase of 24.09% year-on-year[59] - The net profit after deducting non-recurring gains and losses is -¥45,110,394.70, a significant decrease of 598.63% compared to ¥9,046,872.10 in the same period last year[32] - The net cash flow from operating activities is -¥150,772,573.03, a decline of 314.41% from ¥70,321,113.80 in the previous year[32] - The total assets at the end of the reporting period are ¥4,981,219,820.42, down 4.53% from ¥5,217,577,254.22 at the end of the previous year[35] - The net assets attributable to shareholders at the end of the reporting period are ¥3,328,062,523.66, a slight increase of 0.50% from ¥3,311,530,422.44 at the end of the previous year[35] Market Strategy and Product Development - The company plans to expand its market presence by launching new products in the second half of 2021, focusing on cloud solutions and digital transformation services[24] - The company has launched new products in the smart manufacturing sector, including the HCM2021-6 version, which enhances system functionality and performance[45] - The company introduced the O2 smart marketing product suite to assist enterprises in digitalizing their marketing and sales processes[46] - The company is focusing on digital transformation in supply chain management with new products like HTMS and HWMS to improve logistics and asset management[46] - The company aims to enhance financial management for large enterprises through its HFINs suite, integrating business and financial operations[47] - The company is focusing on the C2M business, leveraging its experience in marketing digital transformation to provide comprehensive solutions for customer engagement and internal management[60] - The company is expanding its smart supply chain solutions, which include logistics, asset management, and lifecycle support, to improve overall efficiency for clients[64] - The company is actively developing private cloud products, such as HCMP and HAAS, to provide unique solutions for clients[55] - The company is enhancing its ERP and ITO service capabilities to support long-term system maintenance and upgrades for clients[51] Research and Development - The company has invested 50 million RMB in research and development for new technologies, aiming to enhance its product offerings and improve service efficiency[24] - Research and development investment amounted to ¥204,347,923.40, an increase of 15.39% year-on-year, accounting for 15.26% of operating revenue[76] Financial Management and Cash Flow - The net cash flow from financing activities decreased by 344.37% to -128,531,200.89 CNY, primarily due to the repayment of short-term loans[83] - The net increase in cash and cash equivalents was -440,320,121.56 CNY, reflecting a significant decline of 1,067.12% compared to the previous period[83] - The cash and cash equivalents at the end of the reporting period were 1,607,008,791.00 CNY, a decrease of 39.30% from the previous year[89] - The company's financial expenses surged by 745.49% to ¥42,848,880.19, primarily due to foreign exchange losses and interest expenses related to convertible bonds[80] - The net cash flow from operating activities was -¥150,772,573.03, a decline of 314.41% compared to ¥70,321,113.80 in the previous year, mainly due to reduced factoring business cash inflows[80] Shareholder and Corporate Governance - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[7] - The company repurchased and canceled 754,000 shares of restricted stock from 59 departing employees, representing 0.68% of the total share capital[139] - The company also repurchased and canceled 1,571,500 shares of restricted stock from 68 departing employees, representing 0.52% of the total share capital[140] - A total of 51.2 million stock options were granted to 912 eligible participants under the 2021 stock option incentive plan[144] - The company held its first temporary shareholders' meeting with a participation rate of 22.75% on February 1, 2021[135] - The company introduced the 2021 Super Performance Reward Fund Plan to enhance management motivation and align with long-term employee incentive strategies[145] - The company did not experience any changes in its board of directors, supervisors, or senior management during the reporting period[135] - The company’s stock option incentive plan was approved by the board and disclosed to shareholders on February 1, 2021[143] - The company’s 2020 annual performance did not meet the unlocking conditions for certain restricted stocks, leading to additional repurchases[140] Risks and Challenges - The company faces risks from macroeconomic fluctuations, which could impact its software and information technology services due to the economic slowdown[123] - The company is exposed to intensified industry competition as new entrants and existing competitors grow in scale and capability[124] - Rising labor costs pose a risk to the company's profitability, necessitating effective employee incentive mechanisms and talent development strategies[129] Compliance and Transparency - The company reported no significant environmental issues or penalties during the reporting period, confirming compliance with environmental regulations[151] - The company has maintained transparency and integrity in investor communications, utilizing multiple channels for engagement[153] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[157] - The company did not experience any major litigation or arbitration matters during the reporting period[163] - The company has not engaged in any non-compliant external guarantees during the reporting period[158] - The semi-annual financial report for the company has not been audited[159] Operational Stability - The company has established a comprehensive service network with over 9,000 employees, ensuring high delivery capability and service quality[79] - The ITO business remains stable, with a growing demand for professional IT operations and maintenance services, leading to market expansion[69] - The company has developed a strong delivery capability through a standardized process and a deep understanding of major software suites like SAP and Oracle[77] - The company has a rich client base across various industries, which aids in understanding and meeting differentiated customer needs[75] - The company is actively expanding its overseas market presence, particularly with Oracle Fusion ERP products, which have seen an increase in market share[66] - The company has not reported any significant operational issues or challenges during the reporting period[180] Investment and Financial Assets - The total investment amount for the reporting period was 193,054,612.17 CNY, a significant increase of 4,190.10% compared to 4,500,000.00 CNY in the same period last year[96] - The company completed a significant equity investment with a holding ratio of 44.35% in a new software and information technology service company, investing 6,000,000.00 CNY[99] - The company has committed to an investment project for an enterprise information platform with a total investment of 70,000 million CNY, of which 23,511.0 million CNY has been invested during the reporting period[107] - The project for supplementary working capital has been fully funded with an investment of 22,338.23 million CNY, achieving 100% of the planned investment[107] - The company has entrusted financial management with a total amount of CNY 32.30 million, with an outstanding balance of CNY 9.33 million[112]

Financial Performance - The company's operating revenue for Q1 2021 was ¥653,566,450.78, representing a 10.90% increase compared to ¥589,325,380.28 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2021 was ¥17,759,893.76, a significant increase of 46.40% from ¥12,130,733.38 in the previous year[8]. - The basic earnings per share for Q1 2021 was ¥0.0203, up 47.10% from ¥0.0138 in the previous year[8]. - The diluted earnings per share for Q1 2021 was ¥0.0182, an increase of 31.88% from ¥0.0138 in the same period last year[8]. - The total operating revenue for the current period reached ¥585,454,422.15, an increase from ¥532,841,102.65 in the previous period, representing a growth of approximately 9.3%[64]. - Net profit attributable to shareholders of the parent company increased to ¥17,759,893.76 from ¥12,130,733.38, reflecting a growth of approximately 46.5%[59]. - Basic earnings per share rose to ¥0.0203 from ¥0.0138, reflecting an increase of about 47.8%[63]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,008,964,768.18, a decrease of 4.00% from ¥5,217,577,254.22 at the end of the previous year[8]. - The total assets decreased from 5,217,577,254.22 to 5,008,964,768.18, reflecting a reduction of about 4.00%[40]. - Current liabilities totaled CNY 1,202,476,707.03, down from CNY 1,421,692,346.24, indicating a reduction of approximately 15.4%[53]. - Non-current liabilities increased to CNY 788,052,006.64 from CNY 765,267,071.39, showing a rise of about 3.7%[53]. - The total liabilities decreased to CNY 1,990,528,713.67 from CNY 2,186,959,417.63, a decline of approximately 8.9%[53]. - The company's total equity remained stable at 3,303,835,860.04 yuan after the adjustment[87]. Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥156,078,131.11, a decrease of 1.70% compared to -¥153,471,273.96 in the same period last year[8]. - Cash inflow from operating activities totaled 785,402,839.19 CNY, slightly up from 769,865,487.10 CNY year-over-year[75]. - Net cash flow from investment activities was -82,825,019.91 CNY, worsening from -27,765,604.97 CNY year-over-year[75]. - Net cash flow from financing activities was -70,819,374.26 CNY, compared to 167,624,056.86 CNY in the prior year[77]. - The company's cash and cash equivalents decreased from 2,050,485,816.83 to 1,745,097,098.62, a decline of approximately 14.87%[37]. Expenses and Investments - The company's employee compensation payable decreased by 46.31% compared to the beginning of the period, mainly due to the payment of the 2020 year-end bonus[20]. - Sales expenses increased by 30.49% year-on-year, attributed to the resumption of normal operations after the pandemic[20]. - Financial expenses rose by 269.68% year-on-year, primarily due to exchange rate fluctuations[20]. - Investment income increased by 248.08% year-on-year, resulting from the disposal gains from the dilution of equity in Shanghai Zhenyi Technology Co., Ltd.[20]. - Research and development expenses rose to ¥56,723,246.99, up from ¥49,873,795.80, marking an increase of about 13.7%[59]. - The company reported a significant investment loss of ¥17,271,148.64, compared to a loss of ¥11,663,728.69 in the previous period[59]. Operational Measures - The company implemented various measures such as remote work and centralized sharing to ensure timely resumption of operations[21]. - The company continued to increase R&D investment in self-developed products and optimized personnel structure to adapt to market demand[21]. - The demand for ERP and related information software continued to grow compared to the same period last year[21]. Fundraising and Project Feasibility - The total amount of raised funds is 92,338.23 million, with 23,911.15 million invested in the current quarter and a cumulative investment of 24,746.81 million[25]. - The feasibility of the project based on the enterprise information platform construction is 6.42% completed as of December 31, 2023[25]. - The liquidity fund supplement has a total commitment of 22,338.23 million, with 20,250 million already utilized, representing 90.65% of the planned investment[25]. - The company reported no significant changes in the feasibility of projects or any major changes in the use of raised funds[25]. Accounting Changes - The company implemented the new leasing standard starting January 1, 2021, resulting in an adjustment of 17,509,253.96 yuan in non-current assets[87]. - The total liabilities increased from 1,913,741,394.18 yuan to 1,931,250,648.14 yuan as a result of the adjustment[87]. - The company adopted the new leasing standard from January 1, 2021, impacting the accounting treatment of leases[94]. Audit Status - The first quarter report for 2021 was not audited[95].