北京银信长远科技股份有限公司 2018 年第三季度报告全文 北京银信长远科技股份有限公司 2018 年第三季度报告 2018-072 2018 年 10 月 1 北京银信长远科技股份有限公司 2018 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人詹立雄、主管会计工作负责人袁皓及会计机构负责人(会计主管 人员)李志慧声明：保证季度报告中财务报表的真实、准确、完整。 2 北京银信长远科技股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,769,482,372.76 | 1,376,696,337.40 | | 28.53% | | 归属于上市公司股东的净 ...

Financial Performance - Total revenue for the reporting period reached ¥586,698,968.04, representing a 44.55% increase compared to ¥405,892,078.84 in the same period last year[24]. - Net profit attributable to shareholders was ¥66,432,313.15, a 6.44% increase from ¥62,411,821.50 year-over-year[24]. - Net cash flow from operating activities was -¥104,190,281.11, reflecting a 115.63% decline compared to -¥48,319,552.43 in the previous year[24]. - Total assets at the end of the reporting period amounted to ¥1,842,995,420.29, up 33.87% from ¥1,376,696,337.40 at the end of the previous year[24]. - Net assets attributable to shareholders increased by 83.17% to ¥1,339,280,583.02 from ¥731,186,203.75[24]. - Basic earnings per share were ¥0.1503, a 6.44% increase from ¥0.1412 in the same period last year[24]. - The company achieved operating revenue of 586.7 million yuan in the first half of 2018[42]. - The company reported a total profit for the first half of 2018 of CNY 76,341,788.13, compared to CNY 72,510,506.13 in the same period last year[159]. - Operating profit for the first half of 2018 was CNY 76,342,552.58, compared to CNY 71,431,696.70 in the previous year, reflecting a growth of 9.5%[159]. Market Position and Strategy - The company reported significant growth in its IT infrastructure services, driven by increasing demand from government and enterprise clients[5]. - The overall market capacity for data center IT infrastructure services is expanding, providing the company with broad development opportunities[5]. - The company has built a solid brand and market reputation in the IT infrastructure service sector, which it aims to leverage for future growth[5]. - The company is positioned as a leading player in the professional third-party IT infrastructure service market in China[40]. - The company has established a service marketing network covering over 100 cities nationwide, enhancing its competitive position in the market[41]. - The company aims to enhance its market share in the small and medium-sized enterprise IT infrastructure service market through regional service centers[41]. - The company has a competitive advantage in providing integrated, one-stop services for heterogeneous IT infrastructure[39]. Innovation and Technology Development - The company emphasizes the need for continuous technological innovation to adapt to rapid advancements in the IT service sector[8]. - The company is committed to technology innovation, focusing on high-end technology research and development in IT operations services[45]. - The company has developed open-source architecture solutions to meet the evolving needs of IT infrastructure services[37]. - The company provides a range of IT infrastructure management software products, which are essential for supporting its service offerings[46]. - The company has developed a total of 24 core technologies, all sourced from independent research and development[49]. Talent Management - There is a risk of talent loss among core R&D and management personnel due to intensified industry competition, which could impact the company's technological development and market expansion[9]. - The company has established a competitive compensation system and internal work environment to attract and retain high-quality talent[9]. - The management acknowledges the challenges posed by rapid business expansion, requiring improvements in talent management and operational efficiency[7]. - The company launched a stock option incentive plan to attract and retain talent, crucial for its competitive edge[52]. Cash Flow and Financial Management - Cash flow from operating activities showed a net outflow of CNY 104,190,281.11, a 115.63% increase in outflow compared to the previous year[57]. - Cash flow from financing activities increased by 175.48% to CNY 357,462,675.52, primarily due to increased cash from investments received[57]. - The company plans to strengthen accounts receivable management to mitigate risks associated with cash flow[89]. - The company aims to improve cash turnover speed and efficiency while actively expanding its business[90]. Shareholder and Equity Information - The company completed a share placement of 99,590,670 ordinary shares at a price of 5.9 RMB per share, increasing the total share capital to 442,100,220 shares[131]. - The total number of restricted shares decreased from 71,487,937 to 104,083,729 shares, representing an increase of 46% in tradable shares[130]. - The total number of common shareholders at the end of the reporting period is 43,030[133]. - The largest shareholder, Zhan Lixiong, holds 26.73% of the shares, totaling 118,157,520 shares, with 14,427,180 shares pledged[133]. Operational Efficiency - The company is focused on maintaining high operational efficiency and cost reduction for its clients through its specialized services[39]. - The company emphasizes the importance of IT infrastructure services for the stable and secure operation of IT systems, especially for large enterprises and government institutions[35]. - The company has committed to maintaining a high level of operational safety and efficiency to enhance its market competitiveness[7]. Risks and Challenges - The company does not plan to distribute cash dividends or issue bonus shares during this reporting period[10]. - The company experienced a net cash outflow from operating activities of 104.19 million, attributed to the growth in system integration business[89]. - The cash flow from operating activities showed a negative trend, which may require strategic adjustments to improve profitability[171].

Financial Performance - The company's operating revenue for 2017 was ¥933,520,252.03, a decrease of 11.12% compared to ¥1,050,273,407.28 in 2016[19]. - The net profit attributable to shareholders for 2017 was ¥123,004,612.51, representing a growth of 6.07% from ¥115,967,762.05 in 2016[19]. - The net cash flow from operating activities was -¥33,130,945.02, a significant decline of 42,455.11% compared to ¥78,221.84 in 2016[19]. - The total assets at the end of 2017 amounted to ¥1,376,696,337.40, an increase of 37.08% from ¥1,004,287,366.14 in 2016[19]. - The basic earnings per share for 2017 was ¥0.3647, up by 3.87% from ¥0.3511 in 2016[19]. - The company reported a weighted average return on equity of 18.45% for 2017, down from 21.39% in 2016, a decrease of 2.94%[19]. - In 2017, the company achieved operating revenue of CNY 933.52 million, a decrease of 11.2% compared to 2016's revenue of 1,050.27 million yuan[36]. - The banking sector contributed ¥459,507,063.96, accounting for 49.22% of total revenue, down 24.06% from the previous year[52]. - The telecommunications sector saw a revenue of ¥129,145,945.06, representing 13.83% of total revenue, a decline of 40.62% year-over-year[52]. - Revenue from other industries increased by 53.98% to ¥272,986,097.01, making up 29.24% of total revenue[52]. - The IT infrastructure services segment generated ¥465,414,847.40, a 7.68% increase from the previous year, with a gross margin of 51.09%[54]. Dividend Distribution - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, based on a total of 442,100,220 shares[6]. - The total distributable profit for 2017 was RMB 224,095,798.23, with cash dividends accounting for 100% of the profit distribution[93]. - The cash dividend policy has been consistent with the company's articles of association and has been executed transparently, ensuring the protection of minority shareholders' rights[92]. - The cash dividend for 2016 was RMB 51,376,432.50, which was 44.30% of the net profit for that year[95]. - The cash dividend for 2015 was RMB 33,631,395, representing 40.37% of the net profit for that year[95]. Market Position and Strategy - The company operates as a national, specialized "one-stop" IT operation service provider, focusing on third-party operation services for data center IT infrastructure, which is experiencing growing demand[3]. - The company acknowledges the increasing competition in the IT infrastructure service market, which may pressure its market position if it fails to enhance its technical capabilities and brand influence[3]. - The company has a strong brand and market reputation in the IT infrastructure service sector, which it aims to leverage for future growth opportunities[3]. - The company is focusing on the domestic demand for IT infrastructure, particularly the shift towards "domestic production" in response to national information security concerns[27]. - The company aims to enhance its service capabilities for heterogeneous IT infrastructure, providing integrated and one-stop services[33]. - The company plans to build regional service centers for small and medium-sized enterprises to improve service coverage and market penetration[35]. - The company is focusing on expanding its services in the financial technology field, driven by new technologies such as mobile internet, cloud computing, and big data[88]. Research and Development - Continuous technological innovation is essential for the company to adapt to rapid market changes and maintain its competitive edge in IT operation services[5]. - The company is actively working to retain core R&D and management personnel through competitive compensation and a positive work environment, amid increasing industry competition for talent[5]. - Research and development investment increased by 14.53% to CNY 36.90 million, driven by increased personnel and new research projects[48]. - The company has developed a series of IT infrastructure management software products, enhancing operational efficiency and reducing costs for clients[39]. - The company has implemented a stock incentive plan to attract and retain core talent, promoting long-term development[158]. - The company filed for 5 patents in 2017, bringing the total to 9, and submitted 39 software copyright applications, totaling 123[45]. Operational Efficiency - The company has established a structured management system, but faces risks related to talent management and operational efficiency as it expands its business and asset scale[5]. - The company is committed to enhancing its operational management and resource allocation capabilities to support its growth strategy[5]. - The company has established a comprehensive business system to provide one-stop IT operation and maintenance solutions for data center IT infrastructure[26]. - The company has developed a "dual-mode operation and maintenance" model to cater to both closed and open architecture IT infrastructure[31]. - The company has implemented a cache technology to reduce database pressure, improving overall system performance[39]. - The company has established a workflow engine to streamline task execution and monitoring within its operations[40]. Compliance and Governance - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report, indicating potential discrepancies between plans and actual outcomes[3]. - The company has engaged in continuous supervision by its sponsor institution, ensuring compliance and oversight during the reporting period[19]. - The company has not faced any major litigation or arbitration matters during the reporting period[106]. - The company has maintained compliance with the commitments made regarding the implementation of return measures[100]. - The company has established measures to ensure immediate return compensation, with commitments from the controlling shareholder to not interfere with management activities[98]. - The company has retained the same accounting firm for five years, with an audit fee of CNY 650,000[105]. Employee and Management - The total number of employees increased by 15% in 2017, reflecting the company's growth and expansion efforts[155]. - The total number of employees in the company is 874, with 829 in the parent company and 45 in major subsidiaries[156]. - The professional composition includes 592 technical personnel, 163 administrative personnel, and 104 sales personnel[156]. - The company has implemented employee training programs to enhance core competitiveness and ensure sustainable business development[159]. - The company’s management team includes professionals with backgrounds in finance and management, enhancing its operational capabilities[149]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[151]. - The company anticipates a revenue growth forecast of 25% for 2018, driven by new product launches and market expansion strategies[155]. - New product launches are expected to contribute an additional 300 million RMB in revenue, with a focus on health management solutions[151]. - The company is exploring potential acquisitions to enhance its service offerings and market reach[151].

北京银信长远科技股份有限公司 2018 年第一季度报告全文 北京银信长远科技股份有限公司 2018 年第一季度报告 2018-040 2018 年 04 月 1 北京银信长远科技股份有限公司 2018 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人詹立雄、主管会计工作负责人袁皓及会计机构负责人(会计主管 人员)李志慧声明：保证季度报告中财务报表的真实、准确、完整。 2 北京银信长远科技股份有限公司 2018 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 251,440,161.24 | 174,546,039.64 | 44.05% | | 归属于上市公司股东的净利润（元） | 19,182 ...

Financial Performance - Operating revenue decreased by 34.73% to CNY 198,808,654.57 year-on-year[7] - Net profit attributable to shareholders decreased by 12.58% to CNY 27,342,454.65 compared to the same period last year[7] - Basic earnings per share decreased by 12.60% to CNY 0.0798[7] - The weighted average return on net assets decreased by 2.02% to 4.34%[7] - Total operating revenue for Q3 2017 was CNY 198.81 million, a decrease of 34.7% compared to CNY 304.57 million in the same period last year[44] - Net profit for Q3 2017 was CNY 27.34 million, a decline of 12.9% from CNY 31.28 million in Q3 2016[45] - Basic and diluted earnings per share for Q3 2017 were both CNY 0.0798, compared to CNY 0.0913 in the same quarter last year[46] - Total operating revenue for the current period was ¥604,282,588.11, a decrease of 12.06% compared to ¥687,376,841.89 in the previous period[51] - Net profit for the current period was ¥89,754,276.15, representing a slight increase of 1.20% from ¥88,692,800.37 in the previous period[53] Assets and Liabilities - Total assets increased by 27.34% to CNY 1,278,823,587.53 compared to the end of the previous year[7] - The company reported a total asset of CNY 1,278,823,587.53 as of September 30, 2017, an increase from CNY 1,004,287,366.14 at the beginning of the year, reflecting a growth of approximately 27.3%[36][39] - The company’s total liabilities amounted to CNY 582,228,320.14, up from CNY 387,389,626.40, marking a rise of around 50.3%[38] - Total liabilities rose to CNY 571.76 million, an increase of 48.7% from CNY 384.64 million year-over-year[42] - Owner's equity reached CNY 689.21 million, up 12.5% from CNY 612.70 million in the previous year[42] Cash Flow - Net cash flow from operating activities decreased by 95.10% to CNY -14,514,651.77 year-to-date[7] - The cash inflow from operating activities totaled CNY 660,142,279.20, an increase from CNY 558,531,533.73 in the previous period, representing a growth of approximately 18.2%[60] - The net cash outflow from operating activities was CNY -14,514,651.77, improving from CNY -296,287,775.56 in the same period last year[60] - The cash outflow for purchasing goods and services was CNY 430,040,150.57, down from CNY 647,121,039.97, indicating a decrease of about 33.5%[60] - The total cash and cash equivalents at the end of the period reached CNY 149,264,226.51, up from CNY 66,644,369.55 in the previous year[61] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,016[11] - The largest shareholder, Zhan Lixiong, holds 26.54% of the shares, with 68,167,800 shares pledged[11] - The company declared a cash dividend of CNY 1.5 per 10 shares, which was approved at the 2016 annual general meeting[30] - The company plans to issue 102,752,865 shares at a ratio of 3 shares for every 10 shares held, based on the total share capital of 342,509,550 shares as of September 30, 2017[27] Operational Efficiency - The company is focusing on enhancing operational efficiency and reducing costs to improve profitability in future quarters[44] - The company reported a significant reduction in operating costs, particularly in cost of goods sold, which decreased to CNY 126.01 million from CNY 229.78 million, a drop of 45.0%[45] - The revenue from the high-margin "IT infrastructure services" business accounted for 56.75% of total revenue, up 12.48 percentage points from the previous year, while the "system integration" business revenue share dropped to 40.62%, down 14.09 percentage points[18] - The "IT infrastructure services" business generated revenue of 342.94 million yuan, an increase of 38.61 million yuan, reflecting a growth rate of 12.69%[18] - The "system integration" business saw revenue decline to 245.45 million yuan, a drop of 130.58 million yuan, or 34.73% year-on-year, although its gross margin improved from 7.03% to 12.63%, an increase of 5.60 percentage points[19] Tax and Financial Adjustments - The company reported a 51.97% increase in tax and additional fees, totaling 2.70 million yuan for the first nine months of 2017, due to adjustments in various taxes[23] - Cash received from tax refunds increased by 1834.78% year-on-year, reflecting a significant rise in VAT refunds for software products[24] - The company received tax refunds amounting to CNY 868,169.22, significantly higher than CNY 44,871.80 in the previous period[60] Financial Strategy - The company plans to improve its financial situation through a public offering, which is expected to alleviate its funding constraints significantly[19] - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[29] - There were no violations regarding external guarantees during the reporting period[31] - The company has not reported any significant changes in net profit or potential losses for the year[31]

Business Expansion and Strategy - The company is expanding its customer base beyond the financial sector, which currently accounts for over 30% of its clients and revenue, to reduce dependency and mitigate operational risks [5]. - The company is focusing on horizontal expansion into telecommunications, electricity, aviation, government, transportation, commerce, and manufacturing sectors while deepening its banking business [5]. - The company aims to leverage opportunities in domestic software product promotion and enhance its capabilities in cloud computing and big data technologies [28]. - The company is considering mergers and acquisitions as a strategy to promote sustained growth in its performance [6]. - The company aims to reduce reliance on the financial sector, which currently accounts for over 30% of its customer base and revenue, by expanding into telecommunications, electricity, aviation, government, transportation, commerce, and manufacturing sectors [68]. Financial Performance - Total revenue for the reporting period was ¥405,892,078.84, an increase of 6.03% compared to the same period last year [36]. - Net profit attributable to shareholders was ¥62,411,821.50, reflecting an 8.70% increase year-over-year [36]. - Net profit after deducting non-recurring gains and losses was ¥61,494,833.48, up 7.10% from the previous year [36]. - The company achieved operating revenue of CNY 405.89 million, a year-on-year increase of 6.03% [41]. - The IT infrastructure service business generated revenue of CNY 226.09 million, up 22.94% year-on-year, while the system integration business saw a revenue decrease of 11.04% to CNY 174.03 million [41][42]. - The company reported a total of RMB 5,284 million in surplus funds, with RMB 3,004.8 million allocated to other operational funds [56]. - The company reported a comprehensive income total of CNY 62,411,821.50, consistent with the net profit attributable to the parent company [133]. Research and Development - The company plans to enhance its R&D capabilities and improve its IT infrastructure service product line to meet the growing diverse and high-end demands of clients [6]. - The company is committed to developing a multi-layered, full lifecycle service product system in the data center field through "independent R&D + service innovation" to drive product advancement towards high-end solutions [5]. - Research and development investment rose by 28.31% to CNY 11.45 million, reflecting increased personnel and project investments [41][42]. - The company is enhancing its technical expert team to keep pace with rapid technological advancements and ensure competitive market positioning [8]. Talent Acquisition and Human Resources - The company aims to strengthen its talent acquisition mechanisms to address the shortage of high-level professionals required for its rapid business growth [7]. - The company is addressing human resource risks by improving talent acquisition mechanisms and offering competitive compensation to meet the growing demand for skilled personnel [69]. - The company expanded its talent pool by hiring experts in EMC and ORACLE, enhancing its technical capabilities [39]. - The company organized 7 internal training sessions with over 300 participants to enhance technical skills [39]. Cash Flow and Financial Management - The net cash flow from operating activities improved significantly to -¥48,319,552.43, a 76.37% increase compared to -¥204,448,862.48 in the same period last year [36]. - The net cash flow from operating activities was -48,319,552.43 yuan, an improvement from -204,448,862.48 yuan in the previous period, indicating a reduction in cash outflow [139]. - The total cash inflow from financing activities was 225,292,024.85 yuan, compared to 246,809,300.00 yuan in the previous period, showing a decrease of approximately 8.2% [140]. - The net cash flow from investing activities was -5,311,772.63 yuan, significantly better than -22,250,227.81 yuan in the previous period, reflecting improved investment management [139]. Shareholder and Corporate Governance - The company will not distribute cash dividends or issue bonus shares during this reporting period [9]. - The annual shareholders' meeting had a participation rate of 30.22% on June 22, 2017 [72]. - The company has made commitments regarding share transfer restrictions for its chairman and general manager, stating that they cannot transfer their shares within specified timeframes after resignation [75]. - The company has not undergone any bankruptcy restructuring during the reporting period [82]. - The company did not report any significant changes in shareholder structure or stock issuance during the reporting period [105]. Risks and Challenges - The company acknowledges the risk of increased competition in the IT infrastructure service market, which may lead to price reductions and market share fragmentation [6]. - The company anticipates increased competition in the IT infrastructure service market, which may lead to price declines and market share fragmentation, prompting a need for enhanced R&D capabilities [69]. Compliance and Auditing - The half-year financial report has not been audited [81]. - The financial report for the first half of the year was not audited [120]. - The company has not faced any penalties or rectification issues during the reporting period [84].

Financial Performance - Total revenue for Q1 2017 was CNY 174,546,039.64, a decrease of 6.97% compared to CNY 187,623,740.83 in the same period last year[7] - Net profit attributable to shareholders was CNY 18,269,830.84, an increase of 20.44% from CNY 15,169,504.26 year-on-year[7] - Basic earnings per share rose to CNY 0.0533, reflecting a growth of 20.32% from CNY 0.0443[7] - In Q1 2017, the company achieved operating revenue of RMB 174.55 million, a decrease of 6.97% year-on-year, primarily due to a 38.57% decline in system integration business revenue[19] - The net profit attributable to shareholders was RMB 18.27 million, reflecting a growth of 20.44% year-on-year[19] - The net profit for Q1 2017 was CNY 18,405,721.69, an increase of 19.8% compared to CNY 15,378,607.73 in the same period last year[50] - Operating profit for Q1 2017 reached CNY 20,787,987.19, up from CNY 17,774,155.57, reflecting a growth of 11.3% year-over-year[50] - The total comprehensive income for Q1 2017 was CNY 18,405,721.69, compared to CNY 15,378,607.73 in the same period last year[50] Cash Flow and Liquidity - Net cash flow from operating activities improved to -CNY 35,928,753.17, a 76.35% increase compared to -CNY 151,916,810.95 in the previous year[7] - Cash received from sales of goods and services increased by 77.24% year-on-year, primarily due to reduced advance payments in the integration business[18] - The cash flow from operating activities showed a net outflow of CNY -35,928,753.17, an improvement from CNY -151,916,810.95 in the same quarter last year[53] - Cash and cash equivalents at the end of the period were CNY 79,799,552.37, down from CNY 119,604,142.38 at the end of the previous year[54] - The company reported a total cash inflow from financing activities of CNY 96,000,000.00, slightly up from CNY 95,000,000.00 in the previous year[54] - The net cash flow from investment activities was -9,164,986.78 CNY, compared to -5,339,581.03 CNY in the previous year, indicating a significant increase in cash outflow[57] - The ending balance of cash and cash equivalents was 73,970,753.71 CNY, down from 119,030,605.85 CNY at the beginning of the period[58] - The company experienced a decrease in cash and cash equivalents by 4,343,965.96 CNY during the quarter[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,062,255,964.52, up 5.77% from CNY 1,004,287,366.14 at the end of the previous year[7] - The company's total assets increased to ¥1,057,904,197.32 from ¥997,337,321.27, indicating growth in asset base[42] - Current assets totaled ¥634,592,771.23, up from ¥576,723,896.39, showing improved liquidity[40] - The total liabilities increased to ¥425,457,121.85 from ¥384,636,567.49, reflecting increased short-term borrowings[42] - The company reported a total current liabilities of RMB 335,660,259.94, an increase from RMB 296,927,092.40 at the beginning of the year, representing a growth of approximately 13.0%[38] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,974[12] - The largest shareholder, Zhan Lixiong, holds 26.54% of the shares, amounting to 90,890,400 shares, with 68,167,800 shares pledged[12] - The company reported a cash dividend of RMB 1.5 per 10 shares, based on a total share capital of 342,509,550 shares, pending approval at the annual shareholders' meeting[30] Business Strategy and Development - The company aims to reduce reliance on the financial sector, which currently accounts for over 30% of its clients and revenue, by expanding into telecommunications, electricity, aviation, government, transportation, commerce, and manufacturing sectors[9] - The company plans to enhance its R&D capabilities and improve its IT infrastructure service product line to meet the growing high-end demands of clients[10] - Research and development investment was increased to accelerate innovation in service and software products, catering to diverse and high-end IT infrastructure service demands[19] - The company continued to expand its service coverage and market share, particularly in the banking sector, while also exploring opportunities in other industries[19] Expenses and Costs - Sales expenses rose by 55.80% year-on-year, attributed to increased business expansion costs and higher rental expenses for branch offices[17] - Management expenses rose to CNY 14,241,378.39 from CNY 9,975,946.98, reflecting a year-over-year increase of 42.5%[49] - Total operating costs were ¥153,936,939.39, down from ¥170,058,688.73, reflecting a cost reduction strategy[44] Investment and Financing - The company plans to raise up to 560 million yuan through a non-public stock issuance, which was approved by the board in November 2016[23] - The company decided to withdraw its application for the non-public stock issuance on April 14, 2017, due to market conditions[24] - The cumulative amount of raised funds utilized by the end of the reporting period was 168.2642 million yuan[28] - The IT operation and maintenance service system project has reached 100% investment progress, with a total investment of 78.9433 million yuan[28]

Financial Performance - The company's operating revenue for 2016 was ¥1,050,273,407.28, representing a 56.51% increase compared to ¥671,059,329.13 in 2015[22]. - The net profit attributable to shareholders for 2016 was ¥115,967,762.05, a 39.20% increase from ¥83,309,436.23 in 2015[22]. - The net profit after deducting non-recurring gains and losses was ¥115,193,809.85, up 43.52% from ¥80,261,378.99 in 2015[22]. - The total assets at the end of 2016 reached ¥1,004,287,366.14, a 52.47% increase from ¥658,671,988.24 at the end of 2015[22]. - The company achieved an operating revenue of 105.03 million yuan in 2016, representing a year-on-year growth of 56.51%[41]. - The net profit for 2016 was 115.97 million yuan, an increase of 39.20% compared to the previous year[41]. - The company reported a total revenue of 1.5 billion yuan for the fiscal year 2016, representing a year-over-year growth of 20%[178]. - The company reported a net profit margin of 12%, with net profits amounting to 180 million yuan for the year[178]. Client and Market Expansion - The company reported a significant reliance on the financial sector, with over 30% of its clients and revenue coming from this industry, prompting efforts to diversify into telecommunications, power, aviation, government, transportation, commerce, and manufacturing sectors[4]. - The company has expanded its client base to 666 clients, including major banks and telecommunications companies[32]. - The company established 666 cooperative clients across 31 provinces, an increase of 148 clients compared to 2015, with a notable addition of 60 new banking clients[92]. - The company has expanded its market presence, particularly in the western regions of China, achieving a breakthrough in client acquisition in Tibet[92]. - The company plans to expand its IT operation service market by enhancing its product line and extending services to new sectors[96]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2018[179]. Research and Development - The company aims to enhance its IT service offerings by developing a multi-layered, full lifecycle service product system in the data center field, focusing on high-end product development[5]. - The company is committed to strengthening its technology research and development capabilities to keep pace with rapid technological advancements in the IT service sector[9]. - The company invested CNY 32,216,298.97 in research and development, marking a 30.70% increase compared to the previous year[46][47]. - Research and development expenses increased by 30% to 300 million yuan, focusing on artificial intelligence and machine learning technologies[179]. - The company obtained 19 software copyrights and 1 utility model patent during the reporting period[36][37]. - The company obtained 12 new or upgraded qualifications and certifications in 2016, enhancing its competitive position in the market[43]. Human Resources and Talent Management - The company is addressing human resource risks by improving talent acquisition mechanisms and offering competitive compensation to meet the growing demand for skilled personnel in the IT service industry[7]. - The company recognizes the need for a robust talent supply channel and effective performance evaluation mechanisms to support its rapid business growth[7]. - The company expanded its workforce by hiring 354 employees in 2016 and conducted 13 internal training sessions with over 500 participants[44]. - The company maintained a focus on talent development, implementing targeted training programs linked to employee compensation and promotion opportunities[44]. - The company has a significant number of employees with higher education, with 27 holding master's degrees or above, representing approximately 3.6% of the total workforce[184]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares (including tax) based on a total of 342,509,550 shares, with no bonus shares being issued[9]. - The profit distribution policy was revised to ensure a minimum of 10% of the annual distributable profits are allocated as cash dividends[101]. - The cash dividend represents 100% of the total profit distribution amount, with a distributable profit of RMB 164,474,894.83[106]. - The cash dividend amount in 2016 was 51,376,432.50, representing 44.30% of the net profit attributable to ordinary shareholders of 115,967,762.05[110]. - The company has maintained a consistent cash dividend distribution strategy over the past three years, with varying amounts[109]. Strategic Initiatives and Acquisitions - The company is actively pursuing mergers and acquisitions as part of its strategy to promote sustained growth in performance[6]. - The company signed a share transfer agreement to acquire 100% equity of Trust&Far Investment (Singapore) PTE. LTD. from Mr. Zhan Lixiong for SGD 10,000, which constitutes a related party transaction[56]. - The company completed a strategic acquisition of a local tech firm for 500 million yuan, enhancing its technological capabilities[178]. - The company plans to issue up to 30,837,004 shares at a price of 18.16 yuan per share, aiming to raise no more than 560 million yuan, with the issuance approved by the board[137]. Financial Health and Cash Flow - The net cash flow from operating activities for 2016 was ¥78,221.84, a significant decrease of 99.83% compared to ¥44,961,044.42 in 2015[22]. - Operating cash inflow increased by 67.99% year-on-year, totaling ¥1,095,326,037.59, primarily due to an increase in customer receivables and bid deposits[63]. - Operating cash outflow rose by 80.42% year-on-year, amounting to ¥1,095,247,815.75, mainly due to increased payments to suppliers and higher employee travel expenses[66]. - The company made significant investments totaling ¥217,800,000.00 during the reporting period, reflecting a 263.00% increase compared to the previous year[71]. - Total assets increased by 18% to 2.5 billion yuan, reflecting strong financial health and investment in growth initiatives[179]. Governance and Compliance - The company has established a complete and clear internal governance structure, adhering to relevant laws and regulations[190]. - The company held one annual general meeting and two extraordinary general meetings during the reporting period, ensuring compliance with legal requirements[190]. - The company’s board members and senior management committed to act diligently and in good faith to protect the interests of the company and all shareholders[113]. - The company has not experienced any major litigation or arbitration during the reporting period[124]. - The company has not faced any penalties or rectification issues during the reporting period[125].

Financial Performance - Total revenue for the reporting period reached CNY 304,572,048.23, a 71.47% increase year-on-year[7] - Net profit attributable to shareholders was CNY 31,275,621.12, reflecting a 60.92% increase compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was CNY 30,949,661.80, up 82.61% year-on-year[7] - Basic earnings per share rose by 61.02% to CNY 0.0913[7] - The net profit for the period increased by 59.01%, reaching 148.38 million RMB compared to 93.32 million RMB at the beginning of the year[20] - The net profit attributable to shareholders for the same period was 88.69 million yuan, reflecting a growth of 47.39% year-on-year[25] - Operating profit for Q3 2016 reached CNY 35,794,882.31, compared to CNY 19,240,453.99 in Q3 2015, indicating a year-over-year increase of about 86%[54] - Net profit for Q3 2016 was CNY 31,275,621.12, up from CNY 19,435,600.94 in the previous year, reflecting a growth of approximately 61%[54] - The total profit for the third quarter was CNY 103,815,809.83, an increase of 51.1% from CNY 68,723,162.75 in the previous year[66] Revenue Growth - IT infrastructure service revenue reached 304.33 million RMB, up 71.19% year-over-year, while system integration revenue was 376.03 million RMB, reflecting a 33.85% increase[21] - The company reported a total revenue of 687.38 million RMB for the first nine months of the year, representing a 48.54% increase compared to 462.76 million RMB in the same period last year[21] - The company's total operating revenue for Q3 2016 was CNY 302,288,098.07, an increase from CNY 177,619,050.59 in the same period last year, representing a growth of approximately 70%[57] - The company's total operating revenue for the year-to-date period reached CNY 687,376,841.89, compared to CNY 462,757,875.38 in the previous year, reflecting a growth of about 48.7%[60] Asset and Liability Changes - Total assets increased by 43.01% to CNY 941,969,241.95 compared to the end of the previous year[7] - The company's cash and cash equivalents at the end of the period were 69.45 million RMB, a decrease of 62.89% from 187.16 million RMB at the beginning of the year[18] - Accounts receivable increased by 85.23% to 505.61 million RMB, up from 272.96 million RMB at the beginning of the year, due to sustained sales growth and longer customer payment cycles[18] - The company’s short-term borrowings surged by 187,890.87% to 187.99 million RMB, primarily to supplement working capital through bank loans[19] - The total liabilities increased to CNY 377,489,758.89, up from CNY 166,585,750.07, indicating a rise of about 126.3%[47] - The expected liabilities rose to CNY 88,199,629.00 from CNY 39,533,563.00, reflecting an increase of about 122.2%[51] Investment and Cash Flow - Cash received from investments increased by 231.53% year-on-year, primarily due to the implementation of the second phase of the restricted stock incentive plan[24] - Cash received from borrowings surged by 4857.82% compared to the previous year, attributed to an increase in short-term bank loans[24] - The company reported a net cash outflow from operating activities of CNY -296,287,775.56, compared to a net inflow of CNY 17,789,409.88 in the same period last year[69] - Total cash inflow from financing activities reached 305,200,165.24 CNY, a substantial increase from 22,286,468.00 CNY in the previous period[74] - The company reported a total cash outflow from investing activities of 31,196,139.78 CNY, compared to 69,489,278.46 CNY in the previous period, reflecting reduced investment expenditures[73] Strategic Focus and Development - The company aims to expand into telecommunications, electricity, aviation, government, transportation, commerce, and manufacturing sectors to reduce reliance on the financial industry[9] - The company plans to enhance its IT infrastructure service product line and improve service capabilities to meet diverse customer needs[10] - The company is facing risks related to market competition and is enhancing R&D capabilities to maintain its competitive edge[10] - The company is committed to improving its talent acquisition and retention strategies to address the shortage of high-level talent in the IT service industry[11] - The company will strengthen its technology research and development efforts to keep pace with rapid technological advancements in the IT service sector[11] Compliance and Governance - The company has complied with all commitments made regarding employee housing fund contributions and related penalties[32] - The company has adhered to all commitments regarding stock transfer restrictions and non-competition agreements[31] - The company has not reported any overdue commitments that remain unfulfilled[32] - The company’s fundraising activities have been fully compliant with the commitments made during the IPO process[31] - The company has maintained a long-term commitment to avoid any conflicts of interest with shareholders[31]

Financial Performance - Total revenue for the first half of 2016 reached ¥382,804,793.66, representing a 34.25% increase compared to ¥285,138,824.79 in the same period last year[19]. - Net profit attributable to ordinary shareholders was ¥57,417,179.25, up 40.94% from ¥40,740,153.78 year-on-year[19]. - Basic earnings per share rose to ¥0.1707, reflecting a 40.96% increase from ¥0.1211 in the same period last year[19]. - Operating profit reached 67.59 million yuan, an increase of 70.34% compared to the previous year[28]. - The net profit after deducting non-recurring gains and losses was ¥57,416,753.58, a 64.06% increase from ¥34,998,280.53 year-on-year[19]. - The company achieved a revenue of 382.80 million yuan, representing a year-on-year growth of 34.25%[28]. - Net profit attributable to shareholders reached ¥57.42 million, up 40.94% compared to the same period last year, driven by cost control and expansion into new industries[35]. Cash Flow and Investments - The net cash flow from operating activities was -¥204,448,862.48, a significant increase of 131,099.76% compared to -¥155,830.21 in the previous year[19]. - The company reported a significant increase in cash flow per share from operating activities, reaching -¥0.5969, compared to -¥0.0005 in the previous year, an increase of 119,280.00%[19]. - The company reported a net cash inflow from financing activities of ¥245.47 million, a substantial increase of 2,291.59%, attributed to increased short-term borrowings[33]. - The company reported a significant increase in operating cash flow deficit to -204.45 million yuan, a 131,099.76% increase year-on-year due to higher supplier payments[29]. - The company reported a total cash inflow from operating activities of 317,088,218.40 CNY, an increase from 235,531,962.38 CNY in the prior period[138]. - The net cash flow from investing activities was -23,750,227.81 CNY, compared to -5,040,365.45 CNY in the previous period, indicating increased investment expenditures[139]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,066,956,072.25, marking a 61.99% increase from ¥658,671,988.24 at the end of the previous year[19]. - Current liabilities rose significantly to CNY 425,864,681.31 from CNY 101,792,187.07, an increase of about 318%[124]. - The company’s total liabilities reached CNY 547,967,544.31, up from CNY 166,585,750.07, representing a growth of about 228%[124]. - The company reported a significant increase in accounts receivable, which rose to CNY 403,284,986.05 from CNY 272,964,606.63, a growth of about 48%[122]. - The company’s inventory increased to CNY 19,114,640.62 from CNY 12,389,355.17, reflecting a growth of about 54%[122]. Client and Market Development - The IT infrastructure service revenue grew by 66.53% to 183.90 million yuan, driven by increased service amounts from key clients and new industry contributions[28]. - The company added 103 new clients during the reporting period, a 56% increase from the same period last year, with significant additions in the financial sector[30]. - The company is focusing on diversifying its client base beyond the financial sector to mitigate strategic risks associated with high dependency on a single industry[24]. - The company achieved five software copyrights during the reporting period, indicating a commitment to innovation and maintaining competitive product offerings[43]. Research and Development - Research and development investment increased by 38.20% to ¥8.92 million, reflecting enhanced personnel and project investments[33]. - The company plans to enhance its R&D capabilities and service delivery standards to meet the growing high-end demands of clients[25]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The total share capital of the company increased to 342,509,550 shares as of July 4, 2016, due to the implementation of the second phase of the restricted stock incentive plan[71]. - The second phase of the restricted stock incentive plan granted 6,195,600 shares to 159 individuals at a price of RMB 9.25 per share, approved on May 17, 2016[78]. - The company’s major shareholders have made commitments to avoid competition and ensure compliance with financial obligations related to employee housing funds[92]. Compliance and Governance - The company has not reported any significant changes in its core competitiveness or risks that could adversely affect its future development strategy[45][53]. - The company’s financial statements comply with the accounting standards, ensuring transparency and reliability in financial reporting[166]. - The company has maintained a continuous operating capability with no significant doubts regarding its ability to continue as a going concern[164]. Market Outlook - The IT infrastructure service market in China's banking sector is projected to grow from ¥20.875 billion in 2015 to ¥53.89 billion by 2019, highlighting significant growth potential[48]. - The IT infrastructure third-party service market is expected to reach ¥155.047 billion by 2020, with a compound annual growth rate of 27% from 2016 to 2020[51].