Financial Performance - The company's operating revenue for 2017 was ¥359,535,979.29, a decrease of 13.83% compared to ¥417,224,083.22 in 2016[24]. - Net profit attributable to shareholders was ¥54,954,319.42, down 4.88% from ¥57,773,537.53 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was ¥26,673,564.09, a significant decline of 44.39% from ¥47,961,245.21 in 2016[24]. - The net cash flow from operating activities was ¥46,011,344.92, which represents a decrease of 17.12% compared to ¥55,513,809.30 in 2016[24]. - Total assets at the end of 2017 reached ¥1,525,737,049.21, an increase of 52.68% from ¥999,302,513.37 at the end of 2016[24]. - The net assets attributable to shareholders increased by 86.61% to ¥1,369,081,119.65 from ¥733,644,892.34 in 2016[24]. - The basic earnings per share for 2017 was ¥0.20, down 9.09% from ¥0.22 in 2016[24]. - The company reported a quarterly revenue of ¥112,084,906.95 in Q2 2017, which was the highest among the four quarters[26]. - The total revenue for the company in 2017 was ¥359,535,979.29, representing a decrease of 13.83% compared to ¥417,224,083.22 in 2016[65]. - Revenue from the telecommunications sector increased by 37.71% to ¥166,255,880.50, while revenue from the financial sector decreased by 36.54% to ¥75,692,780.09[65]. - The company's IT support and maintenance services generated ¥146,910,423.70, accounting for 40.86% of total revenue, with a slight increase of 0.57% year-over-year[68]. Investment and R&D - The company reported significant investments in R&D for cloud computing and big data, resulting in products like PCloud, DCOS, PBData, and PhegData[10]. - Research and development (R&D) investment amounted to ¥37,466,671.16, representing 10.42% of operating revenue, with a decrease in R&D personnel to 225, down from 298 in the previous year[78]. - The company has obtained one new invention patent and 12 new software copyrights during the reporting period, enhancing its intellectual property portfolio[47][48]. - The company developed the PBData database cloud platform, which reduces deployment time by 65% and offers performance up to 7 times better than traditional architectures[39]. - The company’s PriData private cloud platform simplifies IT operations and shortens IT lifecycle, enhancing resource delivery[40]. - The company’s PhegData big data cloud platform supports massive scale-out capabilities to meet growing business demands[40]. Market Competition and Risks - The company faces risks from increased competition in the IT market due to the adoption of open-source technologies by major players like Google and Facebook[7]. - Labor costs are rising, leading to fluctuations in gross margin, which is further impacted by market conditions and the company's innovative business expansion[9]. - The company is experiencing intense competition in the storage market, particularly from Huawei, which may lead to price wars and declining gross margins[10]. - Future business expansion may be hindered by the uncertain acceptance of new products and solutions in the market[10]. - The company emphasizes the importance of keeping pace with rapid IT developments to avoid obsolescence in the market[8]. - The company has a high level of accounts receivable, primarily from provincial operators and financially strong enterprises, but there is a risk of bad debts exceeding provisions[13]. Profit Distribution - The profit distribution plan includes a cash dividend of 0.70 RMB per 10 shares and no bonus shares, based on a total share capital of 316,472,493 shares[13]. - The company distributed cash dividends of RMB 21,942,024.51 for the year 2017, representing 39.93% of the net profit attributable to ordinary shareholders[136]. - The cash dividend per share for 2017 was RMB 0.7, based on a total share capital of 316,472,493 shares after deducting 3,015,000 restricted shares[134]. - The cash dividends for 2016 amounted to RMB 13,581,369.75, which was 23.51% of the net profit attributable to ordinary shareholders[136]. - The cash dividends for 2015 were RMB 9,378,043.44, accounting for 20.70% of the net profit attributable to ordinary shareholders[136]. - The company has maintained a cash dividend policy that ensures at least 20% of profits are distributed as cash dividends during significant capital expenditure phases[132]. - The company’s total distributable profit for the reporting period was RMB 49,458,887.49, with cash dividends constituting 100% of the profit distribution[132]. Corporate Governance and Compliance - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring accountability for the information presented[5]. - The independent directors fulfilled their responsibilities in the profit distribution decision-making process, ensuring the interests of all shareholders were protected[130]. - The company has established strict procedures for related party transactions to ensure fairness and compliance with regulations[140]. - There were no violations of commitments regarding related party transactions as of the report date[139]. - The company has committed to not using related party transactions to gain any improper benefits[140]. - The company has ensured that all related party transactions are conducted at fair market prices or according to government pricing when applicable[139]. - The company has a clear policy to avoid any financial occupation or borrowing from itself by its actual controller or major shareholders[139]. - The company has maintained a commitment to transparency and compliance in all its financial dealings[138]. Strategic Partnerships and Market Position - The company established a strategic cooperation with Dameng Database to promote integrated IT services and products[53]. - The company is actively exploring new product sales models and seeking external development strategies to optimize resource integration[41]. - The company is focused on optimizing its asset management and enhancing operational efficiency through strategic partnerships and investments[103]. - The company plans to continue expanding its market presence and exploring new technology developments to drive future growth[103]. - The company has established a strong presence in the cloud computing market, which is becoming a vital support for the digital economy[114]. Shareholder Commitments and Stock Management - The company reported a commitment from major shareholders to increase their holdings, with specific amounts including RMB 8 million from Du Liyun and RMB 9 million from Chen Hongke[144]. - The total amount for share repurchase commitments from key executives is not less than RMB 1 million each, aimed at stabilizing the company's stock price[145]. - The company has committed to not reducing their holdings for six months after the repurchase, ensuring investor confidence[145]. - The company aims to protect investor interests and maintain stock price stability through active measures[145]. - The company has outlined a strategy for market expansion and shareholder engagement through stock repurchase initiatives[145].

Financial Performance - Operating revenue for the reporting period was CNY 75,762,487.04, down 24.17% year-on-year, and CNY 266,791,308.89 for the year-to-date, a decrease of 17.99%[8] - Net profit attributable to shareholders for the reporting period was CNY 8,945,277.46, a decline of 17.27% year-on-year, while year-to-date net profit was CNY 51,895,224.85, an increase of 3.97%[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,467,947.34, down 54.17% year-on-year, and CNY 24,856,808.50 year-to-date, a decrease of 25.40%[8] - Basic earnings per share for the reporting period were CNY 0.0334, a decrease of 16.71% year-on-year, while diluted earnings per share were CNY 0.0330, down 17.71%[8] - The weighted average return on equity was 1.16%, a decrease of 20.00% compared to the previous year[8] - Total operating revenue for Q3 2017 was CNY 75,762,487.04, a decrease from CNY 99,912,148.53 in the previous period[37] - Net profit for Q3 2017 reached CNY 7,680,847.62, compared to CNY 7,064,485.82 in the same period last year, reflecting an increase of approximately 8.7%[38] - The net profit attributable to shareholders of the parent company was CNY 8,945,277.46, down from CNY 10,812,066.34, indicating a decline of about 17.3%[38] - Earnings per share for Q3 2017 were CNY 0.0334, compared to CNY 0.0401 in the previous year[39] - The company reported an investment income of CNY 416,494.70, compared to a loss of CNY 66,750.65 in the previous period[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 938,751,308.26, a decrease of 6.06% compared to the end of the previous year[8] - Current assets totaled CNY 520,520,865.88, down from CNY 573,203,829.25, indicating a decline of approximately 9.2%[29] - Cash and cash equivalents were CNY 230,399,912.26, compared to CNY 321,447,754.59 at the beginning of the period, reflecting a decrease of about 28.4%[29] - Total liabilities decreased to CNY 145,527,574.73 from CNY 240,601,629.34, a reduction of about 39.4%[31] - The company's equity attributable to shareholders rose to CNY 774,237,976.94 from CNY 733,644,892.34, an increase of approximately 5.5%[32] - The non-current assets totaled CNY 418,230,442.38, slightly down from CNY 426,098,684.12, indicating a decrease of about 1.6%[30] - Total liabilities amounted to CNY 143,256,397.79, a decrease from CNY 213,390,001.37 year-over-year[38] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -42,706,607.64, an increase of 34.44%[8] - Net cash flow from operating activities increased by 34.44% compared to the same period last year, mainly due to increased sales collections and reduced labor costs and expenses[19] - Operating cash inflow for the third quarter was CNY 258,307,235.58, an increase of 17.4% compared to CNY 219,857,803.02 in the previous period[55] - Net cash flow from operating activities was -CNY 33,876,098.71, an improvement from -CNY 41,767,463.97 in the same period last year[55] - Net cash flow from investment activities was CNY 24,399,869.12, a significant recovery from -CNY 113,273,803.31 in the previous year[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,577[12] - The largest shareholder, Lu Wenxiong, held 15.30% of the shares, amounting to 41,454,046 shares[12] Other Financial Metrics - The company reported non-recurring gains totaling CNY 27,038,416.35 for the year-to-date[9] - Accounts receivable decreased by 89.63% compared to the beginning of the year, mainly due to the settlement of bank acceptance bills[18] - Prepaid accounts increased by 43.21% compared to the beginning of the year, primarily due to an increase in procurement prepayments related to operations[18] - Interest receivable increased by 406.86% compared to the beginning of the year, attributed to a longer duration of time for term deposits compared to the same period last year[18] - Long-term equity investments decreased by 35.25% compared to the beginning of the year, due to the disposal of 19% equity in Fushenlan and 60% equity in Tieta Technology[18] - The company's intangible assets increased by 43.38% compared to the beginning of the year, mainly due to the capitalization of R&D achievements[18] - The company's deferred income increased by 59.92% compared to the beginning of the year, due to an increase in government subsidy projects that have not yet been accepted[18]

Financial Performance - Total revenue for the reporting period was ¥191,028,821.85, a decrease of 15.25% compared to ¥225,412,114.71 in the same period last year[22]. - Net profit attributable to shareholders was ¥42,949,947.39, an increase of 9.84% from ¥39,103,185.98 year-over-year[22]. - Net profit after deducting non-recurring gains and losses was ¥20,388,861.16, down 13.49% from ¥23,568,451.04 in the previous year[22]. - The net cash flow from operating activities improved to -¥26,434,218.81, a 55.40% increase compared to -¥59,276,149.67 in the same period last year[22]. - Basic earnings per share increased by 13.21% to ¥0.1603 from ¥0.1416 year-over-year[22]. - Total assets at the end of the reporting period were ¥938,850,070.17, a decrease of 6.05% from ¥999,302,513.37 at the end of the previous year[22]. - Net assets attributable to shareholders increased by 4.22% to ¥764,638,040.26 from ¥733,644,892.34 at the end of the previous year[22]. - The company achieved operating revenue of ¥191,028,821.85, a year-on-year decrease of 15.25%[52]. - Net profit attributable to shareholders increased by 9.84% to ¥42,949,947.39, while net profit excluding non-recurring gains and losses decreased by 13.49% to ¥20,388,861.16[52]. Investments and R&D - The company reported significant investments in R&D for cloud computing and big data, resulting in products like PCloud and DCOS[9]. - R&D investment increased by 1.28% to ¥18,046,919.74, with a focus on enhancing product structure and innovation[58]. - The company has developed the PBData database integrated machine to meet the growing demand for structured data and cloud computing[33]. - PBData features a 65% reduction in deployment time and performance that can exceed traditional architectures by up to 7 times[35][36]. - PriData and PhegData are proprietary cloud platforms developed by the company, enhancing IT resource delivery and management capabilities[40]. - The company is actively exploring new sales models for its products while optimizing resource integration for sustainable growth[41]. Market and Competition - The company faces risks from increased competition in the IT market due to the adoption of open-source technologies by major players like Google and Facebook[6]. - The company acknowledges the risk of declining gross margins due to intense competition from domestic rivals like Huawei[9]. - The company recognizes the potential impact of new domestic competitors like Huawei on its market expansion efforts and is committed to improving service quality and customer satisfaction[102]. - The company emphasizes the importance of keeping pace with rapid technological advancements to avoid obsolescence[6]. Financial Management and Strategy - The company plans to not distribute cash dividends or issue bonus shares for the reporting period[12]. - The company plans to mitigate risks associated with increasing accounts receivable by enhancing management and monitoring of receivables to ensure cash flow stability[103]. - The company aims to enhance its market share through innovative products and strengthened collaboration with existing customers[43]. - The company is focused on ensuring compliance with social insurance and housing fund contributions to avoid penalties and liabilities[112]. - The company aims to maintain stock price stability and protect investor interests through active measures, including share repurchases[114]. Asset Management - The company plans to sell 19% of its stake in Shanghai Fushenlan Software Co., Ltd. for a total of RMB 34.2 million, optimizing its asset structure[45]. - The company has acquired one new patent and five software copyrights during the reporting period, enhancing its intellectual property portfolio[46][47]. - The company has registered eight new trademarks, further solidifying its brand presence in the market[48][49]. - The company has committed to investing in several projects, with a total commitment of 18,600 million RMB, of which 11,262.0 million RMB has been invested[69]. Compliance and Governance - The company has not reported any changes in its registration status during the reporting period[21]. - The company confirmed that there were no violations of commitments regarding related party transactions, ensuring no improper benefits were obtained through such transactions[109]. - The company has made commitments to avoid related party transactions and conflicts of interest[116]. - The company has not engaged in any competitive activities with its major shareholders or their relatives[117]. Shareholder Information - The total number of shareholders at the end of the reporting period is 32,828[156]. - The largest shareholder, Lu Wenxiong, holds 15.26% of the shares, totaling 41,454,046 shares, with a decrease of 5,430,000 shares during the reporting period[157]. - The second-largest shareholder, Lou Ye, holds 5.02% of the shares, totaling 13,624,365 shares, with no change in holdings[157]. - The company has a total of 69,102,276 restricted shares at the beginning of the period, with 3,558,400 shares released and 150,000 shares added, resulting in 65,693,876 restricted shares at the end of the period[154]. Operational Efficiency - The company reported a significant decrease in operating costs by 16.49% to ¥116,361,147.72[57]. - The company completed all planned projects related to IT infrastructure support and maintenance services, IT management outsourcing services, and innovative data center services, achieving expected benefits[70]. - The company aims to enhance operational efficiency and financial health through strategic asset sales and partnerships[78].

Financial Performance - Total revenue for Q1 2017 was ¥78,943,914.90, a decrease of 7.64% compared to ¥85,470,669.58 in the same period last year[9]. - Net profit attributable to shareholders was ¥6,245,195.60, down 3.67% from ¥6,483,155.44 year-on-year[9]. - Basic earnings per share decreased by 2.10% to ¥0.0233 from ¥0.0238 in the same period last year[9]. - The company reported a revenue of RMB 78.94 million for Q1 2017, a decrease of 7.64% compared to the same period last year[28]. - The net profit attributable to shareholders was RMB 6.25 million, down 3.67% year-on-year[28]. - The company reported a decrease in management expenses to CNY 18,327,031.12 from CNY 20,785,820.68 year-over-year[71]. - The total comprehensive income for Q1 2017 was CNY 3,894,353.79, compared to CNY 3,769,331.17 in the same period last year[72]. Cash Flow and Assets - Net cash flow from operating activities improved to -¥24,543,444.35, a 65.36% increase compared to -¥70,853,888.75 in the previous year[9]. - The total amount of prepaid accounts increased by 84.80% compared to the beginning of the year, mainly due to increased operating-related prepayments[26]. - The company experienced a 100% decrease in short-term borrowings, primarily due to repayment of loans[26]. - The cash flow from financing activities decreased by 498.61% year-on-year, mainly due to the repurchase of restricted stock and repayment of short-term loans[27]. - The company reported a cash flow from operating activities net amount of negative CNY 20,296,412.32, an improvement from negative CNY 49,211,509.24 in the previous period[81]. - The ending cash and cash equivalents balance was CNY 259,996,482.33, down from CNY 328,539,116.78 in the previous period[80]. - Total current assets decreased from 573,203,829.25 to 518,026,672.46, a decline of approximately 9.6%[62]. - Cash and cash equivalents decreased from 321,447,754.59 to 261,548,369.14, representing a reduction of about 18.6%[62]. Investments and R&D - The company has invested significantly in R&D for cloud computing and big data, resulting in products like PCloud and DCOS[13]. - The company plans to enhance R&D investment and talent acquisition, focusing on the localization of IT infrastructure and supporting the transformation of the financial industry[28]. - The company aims to leverage advanced technologies such as cloud computing and big data to continuously launch innovative products[28]. - The company has launched three new cloud platform products, including PBData II, PhegData X series, and PriData, targeting various market needs and has signed multiple orders with large and medium-sized enterprises in telecommunications, finance, and government sectors[30]. Shareholder Information - The company has a total of 34,488 common shareholders at the end of the reporting period[17]. - The largest shareholder, Lu Wenxiong, holds 17.11% of the shares, amounting to 46,884,046 shares[18]. - The controlling shareholder, Lu Wenxiong, has completed the commitment not to transfer shares for 36 months post-IPO, which ended on July 21, 2014[40]. - Shareholder Chen Hongke has also fulfilled the commitment not to transfer shares for 24 months post-IPO, which ended on July 19, 2013[41]. Risks and Challenges - Risks include intensified competition due to market transformation and potential fluctuations in gross margin due to rising labor costs[12][13]. - The company faces risks from intensified competition in the IT market due to the ongoing transformation towards cloud computing, which may impact its market position[31]. - The company is addressing the risk of fluctuating gross margins due to rising labor costs and market conditions by controlling costs and expanding its scale[35]. Compliance and Commitments - The company has committed to ensuring that all transactions with related parties are conducted at fair market prices and in compliance with legal procedures[42]. - The company has implemented measures to prevent the misuse of its funds by related parties, ensuring strict adherence to market principles[42]. - The company has reported a commitment to not engage in any improper fund occupation since July 2008, ensuring compliance with legal regulations[43]. - The company has established a commitment to not engage in unfair transactions that could harm its interests[45]. Future Plans - The company will actively explore new business areas and create new profit growth points through horizontal and vertical expansion in the capital market[28]. - The company plans to increase stock purchases by major shareholders and executives, with specific amounts including RMB 8 million, RMB 9 million, and RMB 8 million from different directors[47]. - The total amount committed for stock purchases by executives is not less than RMB 1 million each, aimed at stabilizing the stock price and protecting investor interests[48].

Financial Performance - The company's operating revenue for 2016 was ¥417,224,083.22, representing a 5.63% increase compared to ¥394,995,623.83 in 2015[22]. - The net profit attributable to shareholders for 2016 was ¥57,773,537.53, a 27.53% increase from ¥45,302,096.37 in 2015[22]. - The net profit after deducting non-recurring gains and losses was ¥47,961,245.21, up 34.67% from ¥35,614,528.14 in 2015[22]. - The net cash flow from operating activities increased by 63.41% to ¥55,513,809.30 from ¥33,971,725.75 in 2015[22]. - The total assets at the end of 2016 reached ¥999,302,513.37, a 22.48% increase from ¥815,914,970.23 at the end of 2015[22]. - The net assets attributable to shareholders increased by 7.47% to ¥733,644,892.34 from ¥682,640,534.45 at the end of 2015[22]. - The basic earnings per share for 2016 was ¥0.22, a 29.41% increase from ¥0.17 in 2015[22]. - The total distributable profit for 2016 was RMB 318,850,947.14, with cash dividends accounting for 100% of the profit distribution[150]. - The company reported a significant increase in cash inflow from financing activities, which rose by 1,576.94% to ¥95,585,800.00 in 2016[90]. Research and Development - The company reported a significant investment in R&D for cloud computing and big data, resulting in products like PCloud and DCOS, indicating a focus on innovation[10]. - The company's R&D investment for 2016 amounted to ¥48,196,986.41, representing 11.55% of total revenue, an increase from 11.08% in 2015[89]. - The number of R&D personnel increased to 298 in 2016, accounting for 36.79% of the total workforce, up from 19.73% in 2015[89]. - The company has ongoing R&D projects such as the cloud data center operating system and the hyper-converged storage integration platform, both at 75% completion[89]. - The company has applied for six patents, with one already accepted, indicating a focus on innovation and intellectual property[54]. - The company has developed multiple new patents, including a distributed high-performance database system and a heterogeneous disaster recovery device for Oracle Exadata[55]. - The company is focused on continuous innovation, as evidenced by the filing of multiple patents related to cloud environment applications and intelligent resource management systems[55]. Market Position and Competition - The company faces risks from increased competition in the IT market due to the adoption of open-source technologies by major players like Google and Facebook[7]. - The competitive landscape includes major domestic players like Huawei, which may lead to pressure on gross margins[10]. - The company acknowledges the risk of new products not being widely accepted in the market, which could adversely affect operational performance[10]. - The company is adapting to a rapidly changing IT environment, emphasizing the need to keep pace with technological advancements to avoid obsolescence[7]. - The company aims to enhance its market position and core competitiveness through optimized industry chain layout and management capabilities[135]. - The company’s market share in the database cloud platform segment has been steadily increasing, with a competitive position established in the software-defined storage market[66]. Strategic Initiatives - The company plans to distribute a cash dividend of 0.50 yuan per 10 shares, based on a total of 271,627,395 shares[12]. - The company is actively exploring new product sales models and seeking external development strategies to ensure sustainable and rapid growth[43]. - The company aims to become a provider of IT infrastructure services, software-defined products, and cloud computing solutions, focusing on the domestic market[49]. - The company plans to raise up to ¥603.03 million through a private placement to fund projects including smart data centers and R&D centers, which was approved by the CSRC in March 2017[65]. - The company has established a strategic partnership with Intel to jointly develop cloud data center technologies, aiming to accelerate IT architecture evolution[73]. - The company plans to strengthen its core competitiveness through strategic investments and acquisitions, focusing on synergistic target companies[135]. Risks and Challenges - Labor costs are rising, leading to fluctuations in gross margin, which is further impacted by market conditions and the cost of spare parts[9]. - The company has a high level of accounts receivable, primarily from provincial operators and financially strong enterprises, but there is a risk of bad debts exceeding provisions[11]. - The company acknowledges potential fluctuations in gross margin due to rising labor costs and market conditions affecting spare parts costs[139]. - The company faces risks from increased competition in the IT market due to rapid technological changes and the emergence of new business models[138]. Corporate Governance and Compliance - The company has fulfilled all commitments made by its controlling shareholders and related parties during the reporting period[156]. - The actual controller and major shareholders have committed to avoid any illegal occupation of funds from Tianji Technology since July 2008, ensuring no borrowing or debt repayment violations[159]. - The company has established a commitment to strictly adhere to market principles in all transactions with related parties, ensuring fairness and compliance with government pricing where applicable[158]. - The company has not engaged in any related party transactions that could harm its interests, ensuring compliance with regulatory requirements[162]. Subsidiaries and Investments - The company completed the transfer of 31% equity in Shanghai Fushenlan Software Technology Co., Ltd. for RMB 37.2 million, reducing its stake to 29% and removing it from the consolidated financial statements[165]. - The company’s subsidiary, Shanghai Lingzhuo Enterprise Management Consulting Co., generated a net profit of CNY 341,390.84[106]. - The company’s subsidiary, Beijing Tianji Lituo Information Technology Co., reported a net profit of CNY 1,716,506.29[106]. - The company’s subsidiary, Shanghai Tianji Data Technology, had a net loss of CNY 5,343,345.41[106]. - The company’s subsidiary, Jipin Data Systems (USA), reported a net loss of $32,631.66[106]. - The company’s subsidiary, Jipin Data Systems (Hong Kong), also reported a net loss of $32,631.66[106]. Shareholder Actions - The company distributed cash dividends of RMB 0.35 per share, totaling RMB 9,378,102.83, based on a total share capital of 267,945,795 shares[148]. - The company proposed a cash dividend of RMB 0.5 per 10 shares, totaling RMB 13,581,369.75 for the 2016 fiscal year, which represents 23.51% of the net profit attributable to shareholders[150]. - The company has consistently maintained a policy of cash dividends without stock bonuses in the last three fiscal years[155]. - The stock incentive plan involved granting 7.145 million restricted shares to 155 participants, with a grant date of April 22, 2016[171].

Financial Performance - Total operating revenue for the reporting period was ¥99,912,148.53, reflecting a growth of 3.92% compared to the same period last year[9]. - Net profit attributable to shareholders of the listed company was ¥10,812,066.34, representing a year-on-year increase of 13.44%[9]. - The basic earnings per share for the reporting period was ¥0.0401, an increase of 14.90% year-on-year[9]. - The company achieved operating revenue of ¥325,324,263.24 in the first three quarters, representing a year-on-year growth of 12.34%[29]. - The net profit attributable to shareholders reached ¥49,915,252.32, an increase of 39.23% compared to the same period last year[29]. - The company's operating revenue for the current period reached ¥98,570,100.81, an increase from ¥76,328,381.40 in the previous period[68]. - The net profit for the current period was ¥13,651,356.06, slightly down from ¥13,855,976.51 in the previous period, indicating a decrease of approximately 1.5%[69]. - The total comprehensive income attributable to the parent company's owners was ¥10,826,448.52, up from ¥9,633,139.03 in the previous period, marking an increase of approximately 12.4%[69]. - The total profit amounted to ¥72,206,316.23, up 48.5% from ¥48,625,777.59 in the previous period[75]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥937,532,956.80, an increase of 14.91% compared to the previous year[9]. - Net assets attributable to shareholders of the listed company were ¥806,179,324.02, up 18.10% year-on-year[9]. - Accounts receivable increased by 51.03% compared to the beginning of the year, and by 25.91% year-on-year, mainly due to increased contract revenue and reduced collections[27]. - The company's total liabilities were CNY 87,310,028.53, a decrease from CNY 99,424,354.65[62]. - The company's total assets increased from CNY 815.91 million to CNY 937.53 million, reflecting a growth of about 15%[57]. Cash Flow - The company reported a net cash flow from operating activities of -¥65,139,551.98, a decline of 151.48% compared to the previous year[9]. - Net cash flow from operating activities decreased by 151.48% year-on-year, mainly due to reduced sales collections and increased procurement and personnel expenses[28]. - Cash and cash equivalents decreased to CNY 252,311,306.98 from CNY 352,296,620.27[60]. - The net cash flow from operating activities was -¥65,139,551.98, worsening from -¥25,902,095.74 in the previous period[81]. - The ending balance of cash and cash equivalents was 251,019,033.43 CNY, down from 381,599,640.10 CNY at the beginning of the period[85]. Investments and Projects - Long-term equity investments increased by 194.04% compared to the beginning of the year, mainly due to the sale of 31% equity in a subsidiary, resulting in a significant increase in remaining equity investment[27]. - The IT infrastructure support and maintenance service project has been fully completed with an investment of RMB 4,595.3 million, achieving 100% progress[43]. - The company invested RMB 25,000,000.00 in a joint venture with a 50% stake in Shanghai Zhuozhilan Information Technology Co., Ltd.[45]. - The company has invested in establishing Shanghai Tianji Data Technology Co., Ltd. with a total investment of RMB 1,300 million, which is currently at 0% progress[43]. Risk Management - The company faces risks from intensified competition in the IT market due to technological transformations and the emergence of new business models[12]. - Measures to mitigate risks include enhancing service capabilities and maintaining a strategic advantage in the industry[13][14]. - The company will strengthen accounts receivable management to ensure cash flow stability and reduce potential bad debt risks[19]. Compliance and Commitments - The actual controller and major shareholders of the company have committed to avoiding any competition that may harm the interests of the company and its shareholders since January 2011[37]. - The company has ensured that there are no violations of the commitment regarding avoiding competition as of the report date[37]. - The company has committed to not occupying funds improperly and has stated that since July 2008, there have been no violations regarding fund occupation[39]. - The company will strengthen legal compliance training to prevent future violations related to fund occupation[39]. Shareholder Actions - The company has committed to purchasing its own shares in the secondary market with a minimum investment of RMB 1,000,000 within six months after resuming trading[41]. - The company’s major shareholders and directors have committed to not reducing their holdings of the company’s shares for six months after the completion of the share purchase[41].

Financial Performance - Total revenue for the first half of 2016 reached ¥225,412,114.71, representing a 16.53% increase compared to ¥193,438,776.53 in the same period of 2015[16]. - Net profit attributable to ordinary shareholders was ¥39,103,185.98, a significant increase of 48.57% from ¥26,318,922.49 year-on-year[16]. - Basic earnings per share rose to ¥0.1416, reflecting a 46.74% increase compared to ¥0.0965 in the previous year[16]. - The company's total assets increased by 9.94% to ¥897,053,728.21 from ¥815,914,970.23 at the end of the previous year[16]. - The net profit after deducting non-recurring items was ¥23,568,451.04, showing a 6.50% increase from ¥22,129,300.57[16]. - The total profit reached RMB 44.50 million, up 58.58% compared to the previous year[28]. - The company achieved total operating revenue of RMB 225.41 million, an increase of 16.53% year-on-year[28]. Cash Flow and Investments - The net cash flow from operating activities was negative at -¥59,276,149.67, worsening by 16.42% from -¥50,916,279.53 in the same period last year[16]. - The net cash flow from investing activities saw a significant decline of 1,087.83%, amounting to -$77.32 million, compared to -$6.51 million in the previous year[35]. - The net cash flow from financing activities increased by 389.77% to $55.48 million, compared to -$19.15 million in the previous year, driven by the implementation of a restricted stock incentive plan[35]. - The company reported a cash inflow of 37,200,000.00 CNY from the disposal of subsidiaries and other business units, marking a strategic divestment[164]. - The cash outflow for purchasing fixed assets and intangible assets was 108,073,639.92 CNY, significantly higher than 2,509,637.48 CNY in the previous period, indicating increased investment in infrastructure[161]. Shareholder and Equity Information - The company plans to raise up to RMB 800 million through a private placement to fund smart data center projects and R&D initiatives[31]. - The company distributed a cash dividend of RMB 0.340909 per 10 shares, totaling RMB 9,378,102.83 based on the adjusted total share capital of 275,090,795 shares[76]. - The total number of shares increased from 272,680,395 to 275,090,795, reflecting a change of 2,410,400 shares[123]. - Major shareholder Lu Wenxiong holds 17.04% of shares, totaling 46,884,046 shares, with a decrease of 7,176,734 shares during the reporting period[129]. - The company reported a commitment from major shareholders to increase their holdings, with amounts not less than RMB 8 million and RMB 9 million from specific directors[109]. Research and Development - The company has made significant progress in its R&D projects, with multiple software systems and solutions completed and in various stages of deployment[43]. - Research and development expenses rose by 14.95% to $17.82 million, up from $15.50 million in the previous year[35]. - The company is focusing on technological advancements and research, aiming to enhance its competitive edge in the market[171]. Risk Factors - The company is facing risks from increased competition due to IT market transformation and rising labor costs affecting gross margins[23][24]. - The company has implemented measures to manage risks associated with increasing accounts receivable and ensure cash flow stability[60]. - The company is transitioning from a traditional IT infrastructure expert to an innovative IT infrastructure provider, focusing on integrated services, products, and solutions in the internet era[37]. Corporate Governance - The company has committed to maintaining a high level of management quality and decision-making capabilities through training and incentive mechanisms[59]. - The company has established a clear framework for related party transactions, ensuring all transactions are conducted at fair market prices and documented through written contracts[107]. - The company has confirmed that there have been no violations regarding the use of funds, with commitments made to prevent any future unauthorized fund usage[108]. Market Position and Strategy - The software-defined storage market in China was valued at RMB 1.13 billion in 2015 and is expected to reach RMB 1.8 billion in 2016, representing a growth rate of 58.7%[47]. - The company ranked seventh in the Chinese data center IT infrastructure third-party service market in 2015, and second in the East China market[48]. - The company aims to enhance service capabilities and levels through timely technological and business model innovations in response to market changes[52].

Financial Performance - Total revenue for Q1 2016 was ¥85,470,669.58, a decrease of 7.46% compared to the same period last year[9] - Net profit attributable to shareholders was ¥6,483,155.44, down 20.04% year-on-year[9] - Net profit excluding non-recurring items was ¥4,805,634.36, reflecting a 40.12% decline compared to the previous year[9] - Basic earnings per share decreased by 19.87% to ¥0.0238[9] - Operating revenue for Q1 2016 was 85.47 million yuan, a decrease of 7.46% year-on-year[29] - Net profit attributable to shareholders was 6.48 million yuan, down 20.04% compared to the same period last year[29] - Net profit for Q1 2016 was CNY 3,779,431.63, a decline of 36.7% from CNY 5,971,530.98 in the same period last year[61] - The net profit attributable to shareholders of the parent company was CNY 6,483,155.44, down 20.0% from CNY 8,107,856.77[61] - Basic and diluted earnings per share for Q1 2016 were both CNY 0.0238, compared to CNY 0.0297 in the previous year, indicating a decrease of 19.9%[62] Cash Flow and Liquidity - Net cash flow from operating activities was -¥70,853,888.75, a significant decrease of 83.92% from the same period last year[9] - Cash flow from operating activities decreased by 83.92% year-on-year, mainly due to reduced sales collections and increased expenditures[28] - Cash inflow from operating activities totaled CNY 73,860,849.07, compared to CNY 70,420,308.69 in the previous period, indicating a slight increase[68] - Net cash flow from operating activities was negative at CNY -70,853,888.75, worsening from CNY -38,524,012.08 in the previous period[69] - Cash outflow from operating activities amounted to CNY 144,714,737.82, up from CNY 108,944,320.77 in the previous period[69] - The ending balance of cash and cash equivalents was CNY 328,539,116.78, down from CNY 422,802,458.66 in the previous period[70] Assets and Liabilities - Total assets at the end of the reporting period were ¥794,752,862.75, down 2.59% from the end of the previous year[9] - The company's total assets decreased from RMB 815,914,970.23 at the beginning of the period to RMB 794,752,862.75 at the end of the period, reflecting a reduction of approximately 2.5%[55] - Total liabilities decreased to CNY 77,110,900.11 from CNY 99,424,354.65, representing a reduction of 22.4%[58] - Total current liabilities decreased from RMB 116,307,441.60 to RMB 85,631,669.05, a reduction of approximately 26.4%[54] - Accounts receivable increased from RMB 154,455,687.06 to RMB 185,041,020.05, representing a growth of approximately 19.7%[52] - Inventory rose from RMB 32,194,840.47 to RMB 41,918,822.02, indicating an increase of about 30.0%[52] Strategic Plans and Future Outlook - The company plans to enhance service capabilities and innovate business models to adapt to market changes[12] - The company aims to become a pioneer in domestic IT architecture, leveraging advanced technologies like cloud computing and big data[12] - The company plans to enhance R&D investment and talent acquisition to strengthen core competitiveness and market position[31] - The company is focused on domestic IT infrastructure and financial industry transformation as part of its strategic development direction[31] - The company’s management discussed the performance and future outlook in the Q1 2016 earnings report, emphasizing growth strategies and market expansion[27] - The company’s management indicated a focus on new product development and technological advancements in the upcoming quarters[27] Shareholder Information - The company reported a total of 97,547,802 shares with 2,562,469 shares released from restrictions during the period, resulting in 96,400,942 shares remaining under restriction[25] - The top 10 unrestricted shareholders hold a total of 22,000,000 shares, with the largest shareholder, Lu Wenxiong, holding 6,338,461 shares[20] - The company has a total of 40,545,585 restricted shares held by Lu Wenxiong, with a 25% annual release rate[23] - The company has not engaged in any financing or margin trading activities with its shareholders[20] - The company’s management highlighted the importance of maintaining shareholder relationships and transparency in operations[27] - The company plans to distribute a cash dividend of RMB 0.35 per 10 shares, totaling RMB 9,378,102.83, based on a share capital of 267,945,795 shares after deducting restricted stock[47] Investment and Fund Utilization - The total amount of raised funds is RMB 34,000 million, with RMB 21,269.54 million already invested[42] - The company has invested RMB 4,300 million in the innovation service project, achieving 99.24% of its target[42] - The company has established a new subsidiary, Hangzhou Guangjie Technology Co., Ltd., with an investment of 3,800 million, fully funded[43] - The company has also invested 2,500 million in establishing Shanghai Zhuozhi Information Technology Co., Ltd., with 100% of the funds allocated[43] - The company has made strategic adjustments to improve the efficiency of excess fund utilization, shifting from using excess funds to self-owned funds for new investments[43] - The company has not yet utilized the remaining raised funds, which are stored in dedicated accounts as current and fixed deposits[46]

Financial Performance - The company's operating revenue for 2015 was ¥394,995,623.83, a decrease of 3.43% compared to ¥409,040,721.43 in 2014[22]. - Net profit attributable to shareholders was ¥45,302,096.37, down 37.38% from ¥72,347,373.04 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥35,614,528.14, a decline of 47.06% from ¥67,271,291.58 in 2014[22]. - The net cash flow from operating activities was ¥33,971,725.75, which is a 37.03% decrease compared to ¥53,950,374.82 in 2014[22]. - The total assets at the end of 2015 were ¥815,914,970.23, reflecting a 3.69% increase from ¥786,911,274.11 at the end of 2014[22]. - The company's weighted average return on equity was 6.65%, down from 11.43% in 2014, indicating a decrease of 4.78%[22]. - Total profit amounted to ¥45,713,777.19, reflecting a decline of 47.27% compared to the previous year[53]. - The company reported a significant increase in other business revenue by 19.06% to CNY 103,857,902.15[60]. - The revenue from IT software services grew by 15.32% to CNY 94,517,357.85, with a gross profit margin of 32.28%[63]. - The gross profit margin for the IT support and maintenance services was 48.28%, with revenue of CNY 150,591,093.87, reflecting a 7.68% increase year-on-year[63]. Strategic Transformation and Market Position - The strategic transformation of the company has led to a more complex organizational structure, increasing management demands as the business scales[9]. - The company is positioned in the data center IT infrastructure service industry, facing significant challenges from market transitions and competition[6]. - The company faces risks from increased competition due to the transformation of the IT market, influenced by open-source technologies and the rise of new business models in China[6]. - The company emphasizes the need to adapt to rapid technological advancements to avoid being left behind in the competitive landscape[6]. - The company has focused on domestic infrastructure localization and supporting the financial industry's transformation as part of its strategic development[30]. - The company has a strong customer base, including provincial operators and financially robust enterprises, which mitigates the risk of bad debts despite the growing accounts receivable[10]. Research and Development - Significant investments were made in research and development for cloud computing and big data technologies, resulting in a range of new products[35]. - The company completed 18 R&D projects during the reporting period, with several software platforms reaching the trial operation stage[71]. - R&D investment in 2015 amounted to ¥43,772,092.50, representing 11.08% of operating revenue, an increase from 8.60% in 2014[72]. - The number of R&D personnel increased to 266 in 2015, accounting for 19.73% of the total workforce, up from 16.24% in 2014[72]. - The company has applied for 5 patents during the reporting period, enhancing its intellectual property portfolio[44]. Investment and Expansion - The company made a strategic investment of CNY 10 million to acquire a 15% stake in Shenzhen Shanyan Data Technology Co., Ltd., indicating a focus on external growth[42]. - The company plans to use up to CNY 38 million of raised funds to establish a wholly-owned subsidiary and purchase office property, demonstrating ongoing expansion efforts[43]. - The company invested RMB 20 million to establish a joint venture with Shanghai Tianying Investment Management Center, contributing RMB 13 million, which accounts for 65% of the investment[86]. - The company established a joint venture, Shanghai Dita Technology Co., Ltd., with an investment of RMB 6 million, holding a 60% stake[127]. - The company allocated up to RMB 38 million to purchase real estate in Hangzhou and set up two wholly-owned subsidiaries, which were registered by December 25, 2015[127]. Profit Distribution - The profit distribution plan proposed a cash dividend of 0.35 CNY per 10 shares (tax included) to all shareholders, based on a total share capital of 267,945,795 shares after deducting restricted stock[11]. - The total distributable profit for the year 2015 was RMB 255,816,500.95, with cash dividends accounting for 100% of the profit distribution[112]. - In 2015, the company reported a net profit attributable to ordinary shareholders of RMB 45,310,236.37, with cash dividends representing 20.70% of this profit[118]. - The company did not propose any stock bonus or capital reserve transfer for the year 2015[116]. - The cash dividend for 2014 was RMB 18,183,321.00, which was 25.13% of the net profit attributable to ordinary shareholders[118]. Corporate Governance and Compliance - The company has established guidelines to minimize related party transactions and ensure fair market practices[120]. - The company has committed to maintaining transparency and compliance with legal procedures regarding related transactions[120]. - The major shareholders have pledged to avoid borrowing or occupying the company's funds[120]. - The company has a commitment to uphold the interests of all shareholders and avoid conflicts of interest[119]. - The company has not reported any violations of commitments made prior to its initial public offering, ensuring strict adherence to all promises[122]. Future Outlook - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[194]. - The company plans to implement a new customer relationship management system to improve user engagement and retention rates[194]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and customer base[193]. - The company plans to continue investing in cloud computing and big data technologies in 2016, integrating existing products and services into more complete solutions to expand market presence[94]. - The company aims to improve customer satisfaction by focusing on business quality rather than quantity, enhancing core customer experience with new products like DCOS and software-defined storage[101].

Financial Performance - Total revenue for the reporting period was ¥96,147,191.82, representing a year-on-year growth of 6.15%[8] - Net profit attributable to ordinary shareholders decreased by 44.99% to ¥9,530,735.58 compared to the same period last year[8] - Basic earnings per share fell by 45.13% to ¥0.0349, reflecting a significant decline in profitability[8] - The weighted average return on net assets was 1.40%, down by 1.41% from the previous year[8] - Operating profit decreased to ¥7,570,220.68, down 58.9% from ¥18,407,640.24 in the previous period[60] - Net profit for the current period was ¥9,816,956.85, a decline of 46.2% compared to ¥18,201,843.69 in the previous period[61] - Net profit for the consolidated entity was ¥34,639,546.87, down 16.6% from ¥41,524,660.45 in the previous period[69] - The company reported a total profit of ¥39,941,837.06, a decrease of 17.6% compared to ¥48,428,319.95 in the previous period[69] Cash Flow - The company reported a net cash flow from operating activities of -¥25,902,095.74, a decrease of 6.71% year-on-year[8] - Cash flow from operating activities showed a net outflow of ¥25,902,095.74, compared to an outflow of ¥24,273,378.60 in the previous period[78] - The net cash flow from operating activities was 1,175,880.93, a decrease of 41.9% compared to 2,023,637.57 in the previous year[82] - The net cash flow from investment activities was -18,620,065.36, a significant decline compared to 2,752,345.00 in the previous year[82] - The net cash flow from financing activities was -19,132,924.25, worsening from -5,497,444.98 in the previous year[84] Assets and Liabilities - Total assets at the end of the reporting period reached ¥788,565,112.21, a slight increase of 0.21% compared to the previous year[8] - Total liabilities decreased to ¥77,505,472.11 from ¥95,964,397.27, a decline of about 19.2%[52] - Current liabilities decreased to ¥74,175,472.11 from ¥91,034,397.27, a reduction of approximately 18.5%[50] - Owner's equity rose to ¥711,059,640.10, compared to ¥690,946,876.84, indicating an increase of about 2.0%[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 42,635[15] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[18] - The company has not reported any share reductions by the controlling shareholder or directors in the past six months, indicating confidence in future growth[37] Strategic Initiatives - The company is actively expanding its market presence with the new "PBData Database Cloud Platform," which is showing good market development[28] - The company is focusing on strategic transformation and business innovation to strengthen its industry chain layout[28] - The company has implemented a second phase of its equity incentive plan to enhance employee motivation and retention[29] - The company aims to leverage financial internet channels to open new business markets and enhance competitiveness[28] Investment and Projects - The company has committed to invest 9,500 million in infrastructure support for IT and maintenance services, with 100% of the investment completed[39] - The acquisition of a 60% stake in Fushenlan was fully funded at 3,640 million, achieving 100% completion[39] - The company plans to purchase land in Qingpu, with an investment of 880 million, which is currently in progress[39] - The company has decided to terminate the construction project of the Tianji Technology Qingpu Comprehensive Business Building due to location issues and insufficient municipal infrastructure[40] Compliance and Governance - The company has established strict guidelines for related party transactions, ensuring they are conducted at fair market prices and in compliance with legal procedures[33] - There is a commitment to avoid any improper benefits through related party transactions, with any losses incurred due to violations to be borne by the responsible parties[34] - The company has reiterated its commitment to fair and reasonable pricing in all transactions with related parties, adhering to government pricing where applicable[33]