Financial Performance - The company's revenue for Q3 2022 was ¥211,929,244.39, representing a decrease of 1.58% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥29,117,462.75, down 34.56% year-on-year[6]. - The net profit excluding non-recurring gains and losses was ¥26,007,581.75, a decrease of 29.40% compared to the previous year[6]. - Basic earnings per share for Q3 2022 were ¥0.0407, down 34.46% year-on-year[6]. - Total operating revenue for the third quarter reached ¥636,877,800.73, an increase of 4.1% compared to ¥606,864,337.30 in the same period last year[33]. - The total profit for the current period is 119,094,241.71, compared to 110,077,183.06 in the previous period, indicating an increase of about 8.4%[36]. - The operating profit for the current period is 118,961,481.04, up from 108,247,362.97, reflecting a growth of approximately 9.3%[36]. - The basic earnings per share for the current period is 0.1452, compared to 0.1385 in the previous period, showing an increase of about 4.9%[39]. Cash Flow and Investments - The operating cash flow for the year-to-date period reached ¥1,630,422.14, showing a significant increase of 102.42%[11]. - Cash flow from operating activities for the current period is 1,630,422.14, a significant improvement from -67,312,402.74 in the previous period[40]. - Cash flow from investing activities shows a net outflow of -82,283,193.09, an improvement from -400,823,617.92 in the previous period[42]. - The company's cash and cash equivalents decreased to ¥384,649,147.68 from ¥491,357,296.21, a decline of 21.7%[26]. - Cash and cash equivalents at the end of the period amount to 375,445,259.08, down from 570,279,925.86 in the previous period, indicating a decrease of approximately 34.1%[42]. - The company reported a foreign exchange gain of 1,505,386.86, compared to a loss of -53,619.01 in the previous period[39]. - The company has seen an increase in cash received from sales of goods and services, totaling 633,266,593.74, compared to 579,212,079.88 in the previous period, representing an increase of approximately 9.3%[40]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,834,855,890.56, an increase of 2.92% from the end of the previous year[6]. - Total assets as of September 30, 2022, were ¥3,834,855,890.56, up from ¥3,725,979,596.70, indicating a growth of 2.9%[32]. - The total liabilities increased to ¥1,185,816,810.08 from ¥1,148,383,365.46, representing a rise of 3.3%[32]. - The equity attributable to shareholders rose to ¥2,633,065,209.28 from ¥2,563,320,255.26, an increase of 2.7%[32]. Shareholder Information - The top 10 shareholders hold a total of 235,874,436 shares, representing 33.00% of the total shares outstanding[15]. - Beijing Beixin Keda Asset Management Co., Ltd. holds 44,122,140 shares, accounting for 6.17% of the total shares[15]. - The total number of ordinary shareholders at the end of the reporting period is 29,418[15]. - The total number of restricted shares at the beginning of the period was 1,404,154, with 20,163 shares released during the period, resulting in 1,383,991 restricted shares at the end of the period[19]. - The company has a total of 1,404,154 restricted shares held by executives, with specific release conditions based on performance and time[19]. - The company has a commitment to release restricted shares for executives at a rate of 25% per year[19]. - The company has not disclosed any relationships or concerted actions among the top 10 shareholders beyond the known associations[15]. Research and Development - Research and development expenses increased by 41.12% year-on-year, totaling ¥95,922,795.18[11]. - Research and development expenses increased significantly to ¥95,922,795.18, compared to ¥67,973,048.15 in the previous year, marking a rise of 41.2%[33]. Financial Expenses and Gains - The company experienced a 99.65% increase in financial expenses, totaling ¥31,296,057.46 due to increased convertible bond interest expenses[11]. - The company reported a net investment loss of ¥1,391,590.22, compared to a gain of ¥7,620,412.82 in the previous year[33]. - The company reported a significant increase in asset disposal gains of 15,857.83%, amounting to ¥12,401,577.83[11]. Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31]. Convertible Bonds - The company decided not to exercise the early redemption rights for its convertible bonds, which were triggered due to stock price conditions[24]. - The stock price of the company has remained above 130% of the conversion price for 15 trading days, triggering conditional redemption terms[24].

Financial Performance - The company reported a total revenue of RMB 200 million for the first half of 2022, representing a year-on-year increase of 15%[21]. - The net profit attributable to shareholders was RMB 30 million, up 10% compared to the same period last year[21]. - The company's operating revenue for the current period is ¥424,948,556.34, representing an increase of 8.53% compared to the same period last year[29]. - The net profit attributable to shareholders for the current period is ¥74,630,877.99, reflecting a growth of 36.19% year-over-year[29]. - The company reported a revenue of 500 million RMB for the first half of 2022, representing a year-over-year growth of 30%[71]. - The company has set a revenue guidance of 1 billion yuan for the second half of 2022, indicating a projected growth of 20% compared to the first half[71]. - The company achieved total operating revenue of 424.95 million yuan, a year-on-year increase of 8.53%, and a net profit attributable to shareholders of 74.63 million yuan, up 36.19% year-on-year[182]. Research and Development - The company plans to invest 20% of its revenue into research and development for new AI and NLP technologies in the upcoming year[21]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing product features and user experience[68]. - R&D investment reached 123.09 million yuan, a year-on-year increase of 16.12%, accounting for 28.97% of operating revenue[135]. - The company has a strong focus on research and development, particularly in the areas of knowledge graphs and intelligent retrieval technologies[111]. - The company has established R&D centers in Beijing and Chengdu, focusing on core technology development and market demand responsiveness[128]. Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 30% increase in market share by the end of 2023[21]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[71]. - Market expansion efforts include entering three new provinces, projected to increase market share by 5%[68]. - The company is exploring potential acquisitions to enhance its data service capabilities, with a budget of RMB 50 million allocated for this purpose[21]. - A strategic partnership was formed with a leading tech firm to co-develop innovative solutions, expected to enhance competitive advantage[68]. User Growth and Engagement - User data showed a growth of 25% in active users of the company's software solutions, reaching 1 million users by June 2022[21]. - User data showed an increase in active users by 20% compared to the previous year, reaching 1.2 million active users[68]. - User data showed an increase in active users by 25%, reaching a total of 1.5 million users by June 2022[71]. Product Development - The company is developing a new SaaS product expected to launch in Q4 2022, which is anticipated to contribute an additional RMB 100 million in revenue[21]. - New product launches in the second quarter contributed to 30% of total revenue, highlighting successful market penetration[68]. - New product development includes the launch of an AI-driven analytics tool, expected to enhance user engagement and retention rates by 15%[71]. - The company has launched several new technology products and SaaS cloud services during the reporting period, including the "TRS Intelligent Retrieval System V1.5" and "TRS Haishi Squirrel Multi-Tenant Microservice Development Platform V1.0"[135]. Industry Trends and Insights - The digital economy is expected to grow at a compound annual growth rate of 11.3% during the 14th Five-Year Plan period[41]. - The global open-source intelligence market is projected to grow at a compound annual growth rate (CAGR) of over 23% from 2020 to 2027, driven by increasing demand for data accuracy and processing capabilities[47]. - The digital economy's contribution to GDP growth is projected to reach an annual average of 1.5 to 1.8 percentage points by 2025[41]. - The domestic cybersecurity market is expected to reach RMB 70.4 billion by the end of 2022, reflecting a steady growth trend due to increasing investments from government and enterprise clients[150]. Technology and Innovation - The company focuses on artificial intelligence, big data, and data security services, positioning itself within the digital economy sector[40]. - The company aims to leverage its expertise in semantic intelligence to enhance its product offerings in the AI sector[40]. - The company is committed to enhancing its technological capabilities to support the development of the domestic IT industry and ensure national security[62]. - The company is focusing on the integration of artificial intelligence, big data, and blockchain technologies to innovate in content production and broadcasting processes[89]. Sustainability and Corporate Responsibility - The management emphasized a commitment to sustainability, aiming for a 25% reduction in carbon footprint by 2025[68]. - The company is committed to maintaining data security and compliance with national regulations, ensuring the protection of personal and organizational rights[110]. Awards and Recognition - The company has been recognized in the "2022 Digital Economy 100" list, reflecting its growing brand value and industry influence[169]. - The company has received multiple honors, including being named a leading enterprise in the artificial intelligence sector of the software industry in 2021[169].

Financial Performance - The company's revenue for Q1 2022 was ¥190,364,575.18, representing a 23.60% increase compared to ¥154,013,034.89 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥21,002,667.41, a significant increase of 66.89% from ¥12,584,715.74 year-on-year[4] - Basic earnings per share for Q1 2022 were ¥0.0294, up 67.05% from ¥0.0176 in the same period last year[4] - Total operating revenue for the first quarter was CNY 190,364,575.18, an increase of 23.5% compared to CNY 154,013,034.89 in the previous year[33] - Net profit for the period reached CNY 19,960,637.90, compared to CNY 12,336,133.42 in the same period last year, representing a growth of 62.5%[36] - Earnings per share (EPS) for the quarter was CNY 0.0294, an increase from CNY 0.0176 in the previous year[39] - The company reported a comprehensive income total of CNY 19,901,662.61 for the quarter, compared to CNY 11,376,441.82 in the previous year[39] Cash Flow - The net cash flow from operating activities was -¥92,937,446.23, which is a 17.09% decline compared to -¥79,374,601.75 in the previous year[4] - Total cash inflow from operating activities was ¥174,309,995.42, down from ¥193,183,204.77 in the previous period, reflecting a decrease of approximately 9.0%[40] - Cash outflow from operating activities totaled ¥267,247,441.65, slightly reduced from ¥272,557,806.52, showing a decrease of about 1.2%[40] - The net cash flow from investment activities was -¥91,079,947.40, worsening from -¥23,930,465.95 in the previous period[43] - Cash inflow from financing activities was ¥33,140,000.00, a sharp decline from ¥791,698,100.00 in the previous period, indicating a decrease of approximately 95.8%[43] - The net cash flow from financing activities was ¥26,874,701.66, down from ¥791,678,850.00, reflecting a significant reduction[43] - The ending balance of cash and cash equivalents was ¥514,642,909.53, down from ¥979,883,988.60 in the previous period, indicating a decrease of approximately 47.5%[43] - The company received cash from investment income amounting to ¥2,839,480.14, compared to ¥1,968,475.46 in the previous period, marking an increase of about 44.2%[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,708,257,611.14, a slight decrease of 0.48% from ¥3,725,979,596.70 at the end of the previous year[4] - Current assets totaled approximately ¥1.38 billion, down from ¥1.58 billion[27] - Non-current assets totaled approximately ¥2.33 billion, an increase from ¥2.14 billion[27] - The total liabilities decreased to CNY 1,110,683,246.64 from CNY 1,148,383,365.46, a reduction of approximately 3.3%[30] - The total equity attributable to shareholders increased by 0.82% to ¥2,584,340,418.03 from ¥2,563,320,255.26 at the end of the previous year[4] Shareholder Information - The largest shareholder, Xinke Interactive Technology Development Co., Ltd., holds 33.00% of the shares, totaling 235,874,436 shares[11] - The second largest shareholder, Beijing Beixin Keda Asset Management Co., Ltd., holds 6.17% of the shares, totaling 44,122,140 shares[11] - The third largest shareholder, Shenzhen Qianhai Botai Guangyi Investment Management Co., Ltd., holds 5.30% of the shares, totaling 37,882,113 shares[11] - The company has a total of 180,000 restricted shares held by executive Li Yuqin, with no shares released during the current period[15] - The company plans to release 25% of the restricted shares held by executives annually[15] - The total number of shares held by the top 10 shareholders with unrestricted shares is 335,000,000 shares[14] - The company has implemented a capital reserve plan, distributing 5 additional shares for every 10 shares held[15] - The company has a total of 62,562,350 shares held through margin trading accounts by its largest shareholder[14] - The company has a total of 14,340,300 shares held through margin trading accounts by Shanghai Zhuchi Asset Management Co., Ltd.[14] - The company has identified certain shareholders as acting in concert, specifically those associated with Shanghai Yicun Investment Management Co., Ltd.[11] Research and Development - Research and development expenses increased by 37.05% to ¥28,025,486.31 from ¥20,449,038.22 year-on-year[8] - Research and development expenses were CNY 28,025,486.31, up from CNY 20,449,038.22, indicating a year-over-year increase of 37.0%[33] Financial Expenses - The company reported a significant increase in financial expenses by 2467.11% to ¥9,044,247.99 due to convertible bond interest expenses and increased bank loan principal[8] - The financial expenses for the quarter were CNY 9,044,247.99, compared to a financial income of CNY -382,079.59 in the previous year[33] Strategic Initiatives - The company signed a strategic cooperation framework agreement with BlueFocus Data Technology to expand into the metaverse, leveraging both companies' strengths[22] - The company increased its investment in a private equity fund from a 5% to a 10% stake, maintaining its contribution at ¥50 million[21] - The company issued convertible bonds with a face value interest rate of 0.40%, with the first-year interest payment amounting to ¥4.00 per bond[23]

Financial Performance - The company’s operating revenue for 2021 was ¥1,028,712,010.67, a decrease of 21.44% compared to 2020[26]. - The net profit attributable to shareholders for 2021 was ¥245,745,074.12, down 23.00% from the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥207,722,705.56, reflecting a decline of 38.35% year-over-year[26]. - The total assets at the end of 2021 increased by 31.80% to ¥3,725,979,596.70 compared to the end of 2020[26]. - The weighted average return on equity for 2021 was 10.17%, down 5.66% from 2020[26]. - The company reported a net cash flow from operating activities of ¥189,062,365.52, a slight decrease of 1.06% from the previous year[26]. - The company achieved total operating revenue of 1,028.71 million yuan, with a year-on-year growth of 31.83% in main business revenue[114]. - Net profit attributable to shareholders reached 245.75 million yuan, with a year-on-year growth of 33.28% in main business profit[114]. Market Expansion and Strategy - The company is actively pursuing market expansion strategies, particularly in the areas of AI and data services[2]. - The company aims to enhance its capabilities in big data analysis and knowledge graph construction to support the development of smart grid solutions[58]. - The company is focusing on expanding its market in data security, financial technology, and digital government sectors, driven by national policies[137]. - The company plans to deepen cooperation with government clients, leveraging its technological and experiential advantages to empower digital government initiatives[63]. - The company aims to explore broader business opportunities in the third-generation internet wave based on its existing business model[80]. Technology and Innovation - The company reported a significant focus on the development of new technologies in the fields of metaverse and big data[2]. - The company has developed core technologies in natural language processing (NLP), knowledge graphs, and data security, positioning itself as a leader in these fields[96]. - The company’s NLP technology is recognized as a leading solution in the industry, often referred to as the "crown jewel" of artificial intelligence[95]. - The company has launched multiple new technology products, including the TRS Haiwen Natural Language Processing Engine V9.0 and TRS Data Management System V9.0[117]. - The company is developing a new generation intelligent big data search engine, expected to be completed by the end of 2022, which aims to enhance competitive differentiation in the market[190]. Digital Economy and Data Security - The company is committed to integrating its services with the digital economy, leveraging data as a key production factor[13]. - The digital economy's contribution to GDP increased from 14.2% in 2005 to 38.6% in 2020, highlighting its growing significance in the national economy[43]. - The digital infrastructure investment from the "East Data West Calculation" initiative is expected to exceed 100 billion yuan annually, marking a significant focus for economic growth[43]. - The company has accumulated extensive experience in data security and will actively explore and enhance its "intelligent virtual human" business model[80]. - The company’s data security products include secure data transmission and analysis services, catering to clients like the Ministry of Public Security and the People's Bank of China[100]. Client and Market Engagement - The company serves over 8,000 enterprise clients across various industries, utilizing delivery models including private, hybrid, and public cloud[102]. - The company has a strong track record of serving government clients, including central and local governments, providing various digital services and products[63]. - The company has covered 80% of central and State Council institutions and 60% of provincial governments in the digital government and public service sector[105]. - The company has a high customer retention rate, with long-term clients such as the National Intellectual Property Administration and China Bank consistently repurchasing products[134]. - The company has established a business system of products + cloud services + solutions in the digital government and public service sector[105]. Research and Development - The company's R&D investment reached ¥208.87 million, a year-on-year increase of 15.51%, accounting for 20.30% of operating revenue[117]. - The company has established several research institutions, including a postdoctoral workstation and engineering laboratories, to enhance its R&D capabilities[122]. - The company aims to maintain its long-term core competitiveness through increased R&D efforts and technology development[117]. - The company has received multiple software certifications, including TRS New Media Integrated Publishing Platform V1.3 and TRS Accessibility and Barrier-Free Auxiliary Tool Software V3.0, enhancing its product offerings[126]. Awards and Recognition - The company received multiple awards, including the Beijing Science and Technology Progress Award (Second Class) for its project on intelligent proofreading technology[161]. - The company has been recognized as a leading provider of semantic intelligence technology and has received multiple national awards for its innovations[122]. - The company in 2021 was awarded "Digital Service Leading Enterprise" and "Top 50 Big Data Enterprises in China"[157].

Financial Performance - The company's operating revenue for Q3 2021 was ¥215,331,368.23, a decrease of 0.79% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥44,495,604.34, down 7.55% year-on-year[4] - The net profit after deducting non-recurring gains and losses for Q3 2021 was ¥36,837,172.71, a decrease of 17.67% compared to the previous year[4] - The company reported a basic earnings per share of ¥0.0621 for Q3 2021, down 7.45% from the previous year[4] - Total operating revenue for the current period reached ¥606,864,337.30, an increase of 8.5% compared to ¥560,914,560.40 in the previous period[33] - Net profit for the current period was ¥99,091,096.09, representing a 7.0% increase from ¥92,069,988.86 in the previous period[39] - The net profit attributable to the parent company's shareholders was ¥99,293,941.95, compared to ¥90,270,413.90 in the prior year, marking an increase of 10.3%[39] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥3,608,064,158.91, an increase of 27.63% from the end of the previous year[4] - The company's total assets decreased to ¥2,826,922,248.09 from ¥2,837,828,070.62, a decline of approximately 0.4%[49] - The company's total liabilities increased to ¥1,181,481,595.11 from ¥646,940,880.32, indicating a significant rise of 82.5%[32] - Total liabilities amounted to ¥646,940,880.32, with current liabilities at ¥598,221,877.72[52] - Non-current liabilities totaled ¥48,719,002.60, including lease liabilities of ¥10,905,822.53[52] - Total equity attributable to the parent company reached ¥2,414,857,716.76, up from ¥2,168,053,674.87, reflecting an increase of 11.4%[32] Cash Flow - The net cash flow from operating activities for the first three quarters of 2021 was -¥67,312,402.74, a decline of 229.11% year-on-year[8] - Cash inflow from operating activities totaled ¥647,393,148.25, an increase from ¥610,422,139.19 in the previous period, reflecting a growth of approximately 4.3%[43] - Cash outflow from operating activities increased to ¥714,705,550.99 from ¥558,286,403.57, resulting in a net cash flow from operating activities of -¥67,312,402.74 compared to ¥52,135,735.62 previously[43] - Cash inflow from investment activities decreased to ¥520,285,127.38 from ¥800,500,057.84, leading to a net cash flow from investment activities of -¥400,823,617.92, down from -¥205,624,992.83[46] - Cash inflow from financing activities was ¥791,698,100.00, compared to only ¥2,000,000.00 in the previous period, resulting in a net cash flow from financing activities of ¥747,061,124.67[46] - The total cash and cash equivalents at the end of the period amounted to ¥570,279,925.86, up from ¥177,145,832.10 in the previous period[46] Shareholder Information - The total number of common shareholders at the end of the reporting period is 38,862, with the largest shareholder holding 38.30% of shares[12] - The largest shareholder, Xinke Interactive Technology Development Co., Ltd., holds 273,756,549 shares, representing 38.30% of the total[12] - The top ten shareholders hold a total of 100% of the unrestricted shares, with Xinke Interactive holding 273,756,549 shares[12] - The total number of restricted shares at the beginning of the period was 8,314,061, with 2,263,353 shares released during the period[19] - The company has a total of 6,050,708 restricted shares remaining after the current period[19] Expenses - Management expenses increased by 44.53% year-on-year to ¥109,500,700 in the first three quarters of 2021[8] - Interest expenses surged by 34,569.79% year-on-year to ¥19,497,100 due to the issuance of convertible bonds[10] - Research and development expenses increased to ¥67,973,048.15 from ¥56,080,273.44, showing a growth of 21.2%[36] - The company reported a significant increase in tax expenses, which rose to ¥7,050,220.90 from ¥3,896,331.71, an increase of 80.0%[36] Contracts and Growth - The company signed new contracts amounting to a 52.46% increase year-on-year in the first three quarters of 2021[7] - Revenue in the data security and content security sector grew by 143.69% year-on-year in the first three quarters of 2021[7] Other Information - The company has not disclosed any related party relationships among the top ten shareholders[15] - The company has no new products or technologies mentioned in the current report[18] - There are no mergers or acquisitions reported in the current financial results[18] - The company completed the repurchase and cancellation of 2,263,353 shares as compensation for unmet performance commitments, with a total price of RMB 1[21] - The audited net profits attributable to the parent company for 2018, 2019, and 2020 were RMB 14.51 million, RMB 12.74 million, and RMB 6.03 million respectively, totaling RMB 33.28 million, which is RMB 13.97 million lower than the cumulative commitment of RMB 47.25 million[21] - The company implemented new leasing standards from January 1, 2021, affecting financial statement adjustments[55] - The company has a capital reserve of ¥398,050,650.63 and other comprehensive income of ¥37,761,032.07[55] - The company has not audited its third-quarter report for 2021[56]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥391,532,969.07, representing a 13.86% increase compared to ¥343,871,138.44 in the same period last year[28]. - The net profit attributable to shareholders of the listed company was ¥54,798,337.61, which is a 30.03% increase from ¥42,143,089.84 in the previous year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥46,221,391.68, up by 29.91% from ¥35,578,540.33 year-on-year[28]. - The total assets at the end of the reporting period were ¥3,593,350,247.84, reflecting a 27.11% increase from ¥2,826,922,248.09 at the end of the previous year[28]. - The net assets attributable to shareholders of the listed company were ¥2,326,671,888.13, which is a 7.32% increase from ¥2,168,053,674.87 at the end of the previous year[28]. - The basic earnings per share for the reporting period was ¥0.0764, a decrease of 6.14% compared to ¥0.0814 in the same period last year[28]. - The diluted earnings per share also stood at ¥0.0764, reflecting the same 6.14% decrease compared to the previous year[28]. - The net cash flow from operating activities was negative at -¥99,970,941.78, a significant decline from ¥10,625,416.25 in the previous year, marking a -1,040.87% change[28]. - The weighted average return on net assets was 2.43%, slightly up from 2.23% in the previous year[28]. Revenue Breakdown - The digital government sector generated revenue of 94.01 million yuan, reflecting a significant year-on-year growth of 49.47%[63]. - The company's security business achieved revenue of 112.56 million yuan, marking a year-on-year increase of 36.28%[63]. - The company's revenue from integrated media business reached 57.54 million yuan, a year-on-year increase of 18.34%[66]. - Revenue from enterprise digital transformation business was 127.43 million yuan, growing 68.32% compared to the same period last year[66]. - Revenue from cloud and data services reached 143.89 million yuan, a year-on-year increase of 20.59%, accounting for 36.75% of total revenue[68]. Investment and R&D - Research and development investment amounted to 105.99 million yuan, a year-on-year increase of 33.99%[67]. - The company plans to invest part of the funds raised from convertible bonds into core technology research and development to enhance its product advantages[63]. - The total investment during the reporting period was ¥637,147,700.00, reflecting a 3.84% increase from ¥613,557,252.16 in the same period last year[116]. Market Position and Recognition - The company is recognized as a leading provider in the fields of AI, big data, and data security in China[38]. - The company has been recognized as one of the top 50 big data companies in China and one of the top 30 artificial intelligence companies, highlighting its industry leadership[62]. - The company maintains a strong market position in artificial intelligence and big data technology, with over 8,000 institutional users both domestically and internationally[62]. Subsidiary Performance - The subsidiary "Tuoer Si Tianxing Network Security Technology Co., Ltd." reported a net profit of CNY 7,866,701.50, contributing over 10% to the company's net profit[141]. - The subsidiary "Guangzhou Tuoer Si Big Data Co., Ltd." reported a net profit of CNY 2,215,909.81, also contributing over 10% to the company's net profit[141]. - Tianxing Network Security achieved revenue of 86.03 million yuan and net profit of 7.87 million yuan during the reporting period[144]. - Guotuo Company reported revenue of 22.76 million yuan and net profit of 2.22 million yuan, focusing on open-source intelligence business development[146]. - Jinxin Online Banking generated revenue of 8.57 million yuan and net profit of 0.57 million yuan, serving over 300 financial regulatory institutions[148]. Financial Management and Risks - The company recognizes the risk of not meeting expected returns from its operations, which could affect its ability to repay convertible bond principal and interest[158]. - The ongoing COVID-19 pandemic presents uncertainties that could negatively impact the company's operations and project timelines, prompting a focus on financial management and cost control[159]. - The company plans to maintain a stable cash flow and ensure healthy operational indicators to mitigate risks associated with the pandemic[159]. - The company has implemented detailed collection plans to manage the risk of large accounts receivable, primarily from government and large enterprise clients[153]. Corporate Governance and Compliance - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[176]. - There were no violations regarding external guarantees during the reporting period[177]. - The semi-annual financial report was not audited[179]. - The company did not experience any major litigation or arbitration matters during the reporting period[181]. - There were no significant related party transactions during the reporting period[182]. Social Responsibility - The company engaged in social responsibility activities, providing support to 29 disabled individuals in a rural area, promoting poverty alleviation and community development[171].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥391,532,969.07, representing a 13.86% increase compared to ¥343,871,138.44 in the same period last year[28]. - The net profit attributable to shareholders of the listed company was ¥54,798,337.61, which is a 30.03% increase from ¥42,143,089.84 in the previous year[28]. - The net profit after deducting non-recurring gains and losses was ¥46,221,391.68, up 29.91% from ¥35,578,540.33 year-on-year[28]. - The total assets at the end of the reporting period reached ¥3,593,350,247.84, a 27.11% increase from ¥2,826,922,248.09 at the end of the previous year[28]. - The net assets attributable to shareholders of the listed company were ¥2,326,671,888.13, reflecting a 7.32% increase from ¥2,168,053,674.87 at the end of the previous year[28]. - The basic earnings per share decreased by 6.14% to ¥0.0764 from ¥0.0814 in the same period last year[28]. - The company reported a net cash flow from operating activities of -¥99,970,941.78, a significant decline compared to ¥10,625,416.25 in the previous year, marking a decrease of 1,040.87%[28]. - The weighted average return on net assets was 2.43%, slightly up from 2.23% in the previous year[28]. - The company reported a total non-recurring gains and losses of CNY 8,576,945.93 during the reporting period[34]. - The company achieved a revenue of 391.53 million yuan, representing a year-on-year growth of 13.86%, and a growth of 46.40% when excluding the subsidiary Naitkonsai from the previous year's figures[63]. - The net profit attributable to shareholders was 54.80 million yuan, a year-on-year increase of 30.03%, while the net profit excluding non-recurring gains and losses was 46.22 million yuan, up 29.91% year-on-year[63]. - The government sector, particularly digital government services, generated revenue of 94.01 million yuan, reflecting a year-on-year growth of 49.47%[63]. - The company's security business achieved revenue of 112.56 million yuan, marking a year-on-year increase of 36.28%[63]. - The company's revenue from integrated media business reached 57.54 million yuan, a year-on-year increase of 18.34%[66]. - Revenue from enterprise digital transformation business was 127.43 million yuan, growing 68.32% compared to the same period last year[66]. - The company's overall revenue increased by 46.40% year-on-year, excluding the internet marketing business of its subsidiary[67]. - The average growth rate of the core business, excluding internet marketing and real estate, was 17.76% over the last 11 quarters, with a recent average growth rate of 27.47% in the last five quarters post-pandemic[67]. - R&D investment amounted to 105.99 million yuan, a year-on-year increase of 33.99%[67]. - The revenue from cloud and data services reached 143.89 million yuan, a year-on-year increase of 20.59%, accounting for 36.75% of total revenue[68]. Business Strategy and Focus - The company focuses on artificial intelligence, big data, and cloud computing technologies as the core support for its business[41]. - The company’s main products include TRS DL-CKM AI technology platform and TRS Hybase big data management system, among others[46]. - The company has developed a semantic intelligence technology that is a leader in the field of natural language processing (NLP)[38]. - The company’s business model includes private cloud, hybrid cloud, and public cloud delivery modes[41]. - The company is a leading provider of data security services in China, focusing on digital transformation across various sectors[38]. - The company has a strong research and application foundation in semantic intelligence and knowledge graph technologies[38]. - The company has established its own data and knowledge assets, including media, public opinion, and risk control knowledge bases[46]. - The company is focused on core technology R&D, with funds from convertible bonds aimed at enhancing its technological product advantages[63]. - The company maintains a leading position in several niche markets, including internet governance and financial regulatory technology, with over 8,000 institutional users[62]. - The company has established applications in five major state-owned banks, three policy banks, and approximately 200 local financial regulatory departments, indicating a broad user base[53]. - The company has developed various products for digital transformation, including intelligent customer service robots and digital marketing platforms, catering to large and medium-sized enterprises in sectors like energy and manufacturing[54]. - The company is developing new technologies such as federated learning and multi-party secure computing to enhance data security capabilities[87]. - The company is leveraging national planning and strategic deployment to strengthen growth trends in key areas such as digital government and media integration[87]. Market and Industry Insights - The software industry in China achieved a total revenue of 441.98 billion yuan in the first half of the year, with a year-on-year growth of 23.2%[70]. - The total profit of the software industry reached 499.9 billion yuan, growing 13.6% year-on-year[72]. - The big data industry in China reached a scale of 638.8 billion yuan in 2020, with an expected annual growth rate of over 15% for the next three years[79]. - The artificial intelligence core industry size reached 77 billion yuan by mid-2020, with expectations for further growth in application commercialization[78]. - The data security industry is projected to exceed 250 billion yuan by 2023, with a compound annual growth rate (CAGR) of over 15%[83]. - The implementation of the Data Security Law is expected to create new market opportunities for the data security industry, emphasizing the need for a robust data security governance system[84]. - The network security industry is defined as an emerging digital industry, serving as a foundational guarantee for building a strong manufacturing and network nation[83]. Risks and Challenges - The company faces risks related to large accounts receivable due to long payment cycles from government and large enterprise clients, but maintains a high recovery assurance[155]. - Seasonal fluctuations in revenue and profit are expected, with a concentration of sales in the second half of the year due to client purchasing patterns[156]. - The company has conducted significant asset restructuring and multiple equity acquisitions, resulting in a large amount of goodwill, which requires annual impairment testing[157]. - The company is aware of the potential risk of goodwill impairment and has conducted tests reflecting the current value of each acquisition project[157]. - The company recognizes the risk of not meeting expected returns from its operations, which could affect its ability to repay convertible bond principal and interest[160]. - The ongoing COVID-19 pandemic presents uncertainties that could negatively impact the company's operations and project timelines, prompting a focus on financial management and cost control[161]. - The company plans to leverage experiences from 2020 to ensure stable cash flow and maintain healthy operational indicators amid pandemic risks[161]. Corporate Governance and Social Responsibility - The company does not plan to distribute cash dividends or issue bonus shares for the half-year period[167]. - There were no changes in the company's board of directors, supervisors, or senior management during the reporting period[166]. - The company engaged in social responsibility activities, providing support to 29 disabled individuals in Guangxi province as part of its community outreach efforts[173]. - The company signed a profit compensation agreement with the shareholders of Guangzhou Keyun Big Data Technology Co., Ltd., with net profit commitments of no less than RMB 12.6 million, RMB 15.8 million, and RMB 18.85 million for the years 2018, 2019, and 2020 respectively[177]. - As of the end of the reporting period, all parties involved in the profit commitments have complied with their obligations, and the company completed the repurchase and cancellation of the compensation shares on August 10, 2021[177]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[178]. - There were no violations regarding external guarantees during the reporting period[179]. - The semi-annual financial report was not audited[181]. - The company did not experience any major litigation or arbitration matters during the reporting period[183]. - There were no significant related party transactions during the reporting period[184]. - The company reported no major contracts or leasing situations during the reporting period[192]. - The total approved external guarantee amount at the end of the reporting period was RMB 6,000,000, with an actual guarantee balance of RMB 3,587,000, representing 1.54% of the company's net assets[194]. - The company did not provide any guarantees to related parties during the reporting period[196].

Financial Performance - Total revenue for 2020 reached ¥1,309,436,441.83, representing a 35.37% increase compared to ¥967,305,988.93 in 2019[23] - Net profit attributable to shareholders was ¥319,164,478.82, a significant increase of 103.03% from ¥157,203,167.80 in the previous year[23] - The net profit after deducting non-recurring gains and losses was ¥336,917,932.50, up 111.48% from ¥159,312,830.05 in 2019[23] - Basic earnings per share rose to ¥0.4451, reflecting a 102.23% increase compared to ¥0.2201 in 2019[23] - The total operating revenue for 2020 was approximately ¥1.31 billion, representing a 35.37% increase from ¥967.31 million in 2019[100] - The company’s net profit attributable to shareholders for Q4 2020 was ¥228.89 million, which constituted 71.72% of the annual net profit[104] - The core business (excluding real estate sales) achieved a net profit of 202.84 million yuan, with a year-on-year growth of 27.32%[72] - The company achieved total revenue of 1,309.44 million yuan, a year-on-year increase of 35.37%[72] Assets and Liabilities - The total assets at the end of 2020 were ¥2,826,922,248.09, a decrease of 2.16% from ¥2,889,279,680.67 at the end of 2019[23] - The net assets attributable to shareholders increased by 4.73% to ¥2,168,053,674.87 from ¥2,070,169,640.78 in 2019[23] - The company’s monetary funds at the end of 2020 amounted to ¥306,633,129.27, representing 10.85% of total assets[137] - The company has a total land reserve of 1.87 million square meters with a total building area of 106,200 square meters, with no remaining developable area[90] Cash Flow - Cash flow from operating activities was ¥191,079,629.68, a decrease of 13.74% compared to ¥221,505,844.52 in 2019[23] - The company reported a total cash inflow from operating activities of ¥970,925,245.37 in 2020, a decrease of 13.47% compared to ¥1,122,117,096.94 in 2019[132] - The net cash flow from operating activities was ¥191,079,629.68, down 13.74% from ¥221,505,844.52 in the previous year[132] - The net cash flow from investing activities decreased significantly by 232.06%, resulting in a net outflow of ¥228,828,026.83[132] Research and Development - The total R&D expenditure for the year 2020 was CNY 180,829,851.79, accounting for 13.81% of operating revenue[124] - The number of R&D personnel decreased to 879 in 2020, representing 47.31% of the total workforce[124] - R&D expenses decreased by 10.22% compared to the previous year, totaling CNY 82,032,818.16[119] - The proportion of capitalized R&D expenses increased to 54.64%, indicating a shift towards capitalizing more of the R&D costs[124] Market and Product Development - The company focuses on "Semantic Intelligence+" strategy, covering three key areas: content security, digital government, and data intelligence[38] - The company has developed a comprehensive product service system, including AI, big data, content management, and information security solutions[42] - The company has launched multiple new products, including the Intelligent Expansion AI Technology Platform and various cloud platforms for media and data analysis[74] - New product launches include the TRS OCR system and the Topwalk-TCCP platform, which are expected to drive additional revenue growth[60] Strategic Partnerships and Market Position - The company serves over 80% of central and State Council institutions, 60% of provincial governments, and 50% of municipal governments in its digital government sector[38] - The company has established stable partnerships with over 8,000 institutional users, covering 80% of national ministries and 60% of provincial and municipal government agencies[63] - The company has established partnerships with various financial institutions, including Ping An Bank and China Life, to expand its applications in the financial technology sector[79] Risks and Challenges - The company has outlined potential risks and countermeasures in its future development outlook section[7] - The ongoing COVID-19 pandemic presents uncertainties that could negatively impact project timelines and market expansion efforts[181] - The company faces risks related to the maturity of AI and big data applications, necessitating ongoing investment in technology development and industry talent[177] Dividend and Profit Distribution - The company reported a cash dividend of RMB 0.50 per share, totaling RMB 23,900,561.00 distributed to shareholders[189] - The total cash dividend for 2020 amounted to RMB 35,850,841.50, representing 11.23% of the net profit attributable to ordinary shareholders[196] - The 2020 profit distribution plan proposes a cash dividend of RMB 0.5 per 10 shares, based on a total share capital of 717,016,830 shares[195] Subsidiary Performance - Tianxing Network Security achieved revenue of 178.31 million yuan and a net profit of 52.78 million yuan during the reporting period, focusing on product innovation and market expansion in public security and government sectors[84] - The Chengdu subsidiary reported significant revenue of 405.81 million yuan and a net profit of 119.52 million yuan, attributed to the completion of a major project and the sale of commercial properties[88] - Guangzhou Tuorisi reported revenue of 70.27 million yuan and a net profit of 18.22 million yuan, facing delays in project delivery and revenue recognition due to the COVID-19 pandemic[87] Future Outlook - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2022[60] - The company anticipates a revenue guidance of 1.5 billion yuan for the next fiscal year, reflecting a growth target of 25%[60] - In 2021, the company will focus on enhancing core technology research and development, particularly in semantic intelligence and data intelligent services, with a commitment to achieving specific developmental goals[173]

Financial Performance - The company's operating revenue for Q1 2021 was ¥154,013,034.89, representing a 10.81% increase compared to ¥138,988,155.31 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 was ¥12,584,715.74, a significant increase of 47.21% from ¥8,548,951.58 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥9,098,188.16, up 48.31% from ¥6,134,589.67 year-on-year[8] - The basic earnings per share for Q1 2021 was ¥0.0176, reflecting a 47.90% increase compared to ¥0.0119 in the same period last year[8] - Total operating revenue for the first quarter reached ¥154,013,034.89, an increase of 10.8% compared to ¥138,988,155.31 in the previous period[81] - Net profit for the current period was ¥12,336,133.42, up from ¥8,544,161.66 in the previous period, reflecting a growth of about 44.5%[87] - The basic and diluted earnings per share for the current period were both ¥0.0176, compared to ¥0.0119 in the previous period, indicating an increase of about 48.7%[90] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,594,385,601.53, marking a 27.15% increase from ¥2,826,922,248.09 at the end of the previous year[8] - The total assets of the company as of March 31, 2021, amounted to ¥3,210,120,804.23, up from ¥2,398,495,247.35 at the end of 2020[79] - Total liabilities increased to ¥1,026,168,910.37 from ¥381,948,508.61, indicating significant growth in the company's financial obligations[79] - The total non-current liabilities amounted to ¥698,269,951.91, a substantial increase from ¥48,719,002.60[79] - The total equity attributable to shareholders rose to ¥2,183,951,893.86, compared to ¥2,016,546,738.74 in the previous period[79] Cash Flow - The net cash flow from operating activities was -¥79,374,601.75, which is a deterioration of 18.65% compared to -¥66,896,357.64 in the same period last year[8] - Cash inflow from operating activities totaled CNY 193,183,204.77, up from CNY 140,685,478.00 in the prior period, indicating a growth of approximately 37.3%[102] - Cash outflow from operating activities was CNY 272,557,806.52, compared to CNY 207,581,835.64 in the previous period, resulting in a net cash flow from operating activities of CNY -79,374,601.75[102] - Net cash flow from financing activities was CNY 791,678,850.00, a significant increase compared to CNY -95,998.41 in the prior period[104] - The ending balance of cash and cash equivalents reached CNY 979,883,988.60, compared to CNY 182,127,442.42 at the end of the previous period, marking a substantial increase[104] Investments and Expenses - Cash and cash equivalents increased by 224.79% to RMB 995.92 million, primarily due to the proceeds from the issuance of convertible bonds[27] - Management expenses increased by 57.40% to RMB 33.31 million, driven by higher amortization of intangible assets and depreciation of office buildings[27] - Research and development expenses increased to ¥20,449,038.22 from ¥16,137,785.47, representing a rise of approximately 26.5%[87] - The company confirmed the issuance of convertible bonds, resulting in a payable bond amount of RMB 650.12 million[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,806[13] - The largest shareholder, Xinke Interactive Technology Development Co., Ltd., held 40.18% of the shares, amounting to 288,096,749 shares[13] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[18] Risks and Challenges - The company acknowledges risks related to the maturity of artificial intelligence and big data applications, emphasizing the need for continuous investment in technology research and development[34] - The company faces risks from a large accounts receivable balance due to long payment cycles from government and large enterprise clients, but maintains a high recovery assurance[35] - Seasonal fluctuations in revenue and profit are expected, with a concentration of sales in the second half of the year, which may lead to potential losses in the first quarter[37] - The company is aware of goodwill impairment risks due to past acquisitions and is conducting regular impairment tests to reflect the current value of acquired projects[38] - The ongoing COVID-19 pandemic poses risks to economic operations and project timelines, prompting the company to strengthen financial management and online business models[38] Compliance and Governance - The company reported no overdue commitments from major stakeholders during the reporting period, ensuring compliance and stability[39] - There were no significant changes in the use of raised funds, with all remaining funds held in a dedicated account[56] - The company did not experience any non-operational fund occupation by major shareholders or related parties during the reporting period[58] - The first quarter report was not audited[112] - The company does not need to adjust the beginning balance sheet items[111] - The new leasing standard retrospective adjustment for prior comparative data is not applicable[112] Market Opportunities - The company is actively pursuing opportunities in the internet space governance and media construction markets, leading to increased project signings and deliveries[28] - The company plans to focus on semantic intelligence and enhance core technology research in artificial intelligence and big data, aiming to expand cloud and data intelligence services[29]

Financial Performance - Operating revenue for the third quarter was ¥217,043,421.96, a decrease of 1.68% year-on-year[8] - Net profit attributable to shareholders was ¥48,127,324.06, representing a growth of 34.22% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥44,744,224.56, up 51.03% year-on-year[8] - Basic earnings per share were ¥0.0671, reflecting a growth of 34.20% year-on-year[8] - The company's operating income for the current period is ¥55,306,086.40, compared to ¥41,755,465.51 in the previous period, representing a growth of approximately 32.4%[68] - The net profit attributable to the parent company is ¥48,127,324.06, an increase from ¥35,856,302.41, reflecting a growth of about 34.2%[68] - The total profit for the current period was ¥105,098,951.30, compared to ¥80,052,042.66 in the previous period, marking a 31.3% increase[86] - The net profit from continuous operations was ¥92,069,988.86, an increase from ¥68,086,459.35, reflecting strong operational performance[86] Cash Flow - Net cash flow from operating activities was ¥41,510,319.37, a significant increase of 216.51% compared to the previous year[8] - The company reported a net cash flow from operating activities of ¥52,135,735.62, a significant improvement from -86,370,514.43 in the previous period[96] - Cash inflow from operating activities totaled 610,422,139.19, while cash outflow was 558,286,403.57, resulting in a net cash flow of 52,135,735.62[96] - The company reported a cash outflow from financing activities of -205,624,992.83, a decline from 71,698,903.82 in the previous period[99] - The total cash and cash equivalents at the end of the period were 177,145,832.10, down from 185,942,486.74 in the previous period[99] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,911,491,408.99, an increase of 0.77% compared to the previous year[8] - Current assets totaled CNY 1,340,911,728.97, down from CNY 1,440,991,167.31[46] - Total liabilities increased to CNY 934,830,758.32 from CNY 768,965,042.72[52] - Total equity attributable to shareholders decreased to CNY 1,936,664,301.81 from CNY 2,070,169,640.78[55] - Current liabilities totaled ¥749,472,522.28, a decrease of ¥150,303,794.98 compared to the previous period[113] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,181[13] - The largest shareholder, Xinke Interactive Technology Development Co., Ltd., held 42.10% of the shares, totaling 301,893,749 shares[13] - The total number of shareholders holding unrestricted shares is 10, with a significant shareholder, Xinke Interactive Technology Development Co., Ltd., holding 301,893,749 shares[16] - The top 10 shareholders did not engage in any repurchase transactions during the reporting period[16] Government Subsidies and Investments - The company received government subsidies amounting to ¥3,546,715.40 during the reporting period[8] - Deferred income increased by 223.60% to ¥40,439,461.45 due to government subsidies related to assets[24] Research and Development - Research and development expenses were CNY 22,050,456.69, slightly down from CNY 22,618,626.93, indicating a decrease of about 2.5%[65] - The company’s intangible assets increased by 39.53% to ¥106,359,825.96 due to the completion of relevant product R&D during the reporting period[24] Financial Management - The company has not disclosed any significant changes in financial data or indicators during the reporting period[22] - There were no violations of external guarantees during the reporting period, indicating a stable financial position[37] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period, reflecting good governance practices[38] Convertible Bonds - The company plans to issue convertible bonds with a total fundraising amount not exceeding ¥800 million, with a maturity of 6 years from the date of issuance[27] - The company has received approval from the Shenzhen Stock Exchange for its public offering of convertible bonds to unspecified objects on September 23, 2020[34] - The company has revised its public offering plan for convertible bonds in accordance with relevant laws and regulations, with the latest revision announced on August 8, 2020[34]