新开普电子股份有限公司 2019 年第三季度报告全文 新开普电子股份有限公司 Newcapec Electronics Co., Ltd. 2019 年第三季度报告 股票代码：300248 股票简称：新开普 披露日期：2019 年 10 月 29 日 1 新开普电子股份有限公司 2019 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。 公司负责人杨维国、主管会计工作负责人李玉玲及会计机构负责人(会计主 管人员)张翀声明：保证季度报告中财务报表的真实、准确、完整。 2 新开普电子股份有限公司 2019 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） | 2,173,653,766.61 | 2, ...

Financial Performance - Total operating revenue for the first half of 2019 was CNY 323,126,225.49, representing a 17.26% increase compared to CNY 275,572,710.81 in the same period last year[26]. - Net profit attributable to shareholders of the listed company reached CNY 10,454,231.18, a significant turnaround from a loss of CNY 9,462,093.21 in the previous year, marking a 210.49% improvement[26]. - Basic earnings per share increased to CNY 0.0217 from a loss of CNY 0.0148, reflecting a 246.62% growth[26]. - The net cash flow from operating activities improved to -CNY 144,724,564.57, a 16.15% reduction in losses compared to -CNY 172,592,493.78 in the previous year[26]. - The company reported a non-recurring gain of RMB 11,941,154.67, primarily from government subsidies and investment management income[31]. - The company achieved a revenue of 323.13 million yuan, representing a year-on-year growth of 17.26%[66]. - The net profit attributable to shareholders reached 10.45 million yuan, a significant increase of 210.49% compared to the previous year[66]. - The company reported an operating income of 323.13 million RMB, a year-on-year increase of 17.26%[78]. - Operating costs increased to 143.66 million RMB, reflecting a 15.87% rise due to increased sales scale[78]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,067,550,742.09, a decrease of 1.98% from CNY 2,109,236,347.89 at the end of the previous year[26]. - The company's total liabilities decreased to ¥469,087,814.03 from ¥646,171,140.05, indicating a reduction of about 27.5%[197]. - Cash and cash equivalents decreased to ¥254,589,447.15 from ¥391,588,341.93, reflecting a decline of approximately 35%[194]. - Accounts receivable increased to ¥489,711,323.64 from ¥417,074,051.07, showing an increase of about 17.4%[194]. - The company's inventory decreased to ¥226,085,705.65 from ¥234,624,298.05, a reduction of approximately 3.6%[195]. - Short-term borrowings decreased to ¥111,000,000.00 from ¥178,000,000.00, a decrease of about 37.5%[196]. - The company's equity attributable to shareholders increased to ¥1,512,275,109.51 from ¥1,442,579,183.48, an increase of approximately 4.8%[197]. Technology and Product Development - The company emphasizes the need for continuous technology and product development to meet market demands, as rapid technological changes are prevalent in the information industry[7]. - The company holds advanced core technologies in smart campus solutions and has multiple patents, but risks of technology leakage and talent loss remain[7]. - The company is focused on expanding its smart campus services and integrating IoT technologies to enhance user experience and operational efficiency[17]. - New product development efforts are centered around financial IC cards and mobile payment solutions, leveraging advancements in NFC and RFID technologies[17]. - The company aims to integrate cloud computing, big data, and IoT technologies into the smart campus ecosystem, enhancing digital service experiences for students and faculty[42]. - The company emphasizes continuous innovation in its smart campus cloud platform, aiming to provide a stable and comprehensive solution for educational institutions[42]. - The company is committed to leveraging emerging technologies like AI and cloud computing to develop information systems for smart enterprises and industrial parks[54]. - The company has accumulated a significant R&D technology reserve in the information technology industry, focusing on cloud computing, big data, and mobile internet[119]. - The company plans to enhance its R&D management system and improve product quality reliability through a re-engineering of the product development process[120]. Strategic Partnerships and Market Position - The company aims to strengthen its market position through strategic partnerships and potential acquisitions in the education technology sector[17]. - The company has established a strategic partnership with Ant Financial to enhance facial recognition technology, achieving full coverage of facial recognition applications in higher education scenarios[39]. - The company has partnered with Alipay to introduce a campus code that supports offline payments, significantly reducing the cost of upgrading to a smart campus[49]. - The company is actively expanding into the fields of smart cities, smart government, and smart education, focusing on technology innovation[72]. Operational Challenges and Risks - Accounts receivable have increased, impacting cash flow and creating a demand for operational funds; the company faces risks if receivables are not collected on time[6]. - The company is facing operational risks in the mobile internet business due to a lack of experience in direct consumer engagement and integration with mobile platforms[116]. - The overall financial performance indicates a trend of increasing losses across subsidiaries, necessitating strategic adjustments to improve profitability[108]. - The company faces management risks due to the complexity of its expanding organizational structure and the need for higher management capabilities[121]. - The company has recognized a substantial amount of goodwill post-merger, which may face impairment risks if the acquired companies do not perform well[124]. Shareholder and Equity Information - No cash dividends or stock bonuses will be distributed to shareholders for this period[10]. - The company did not distribute cash dividends or issue bonus shares for the half-year period[128]. - The major shareholder, Yang Weiguo, holds 16.23% of the shares, with a total of 78,079,108 shares after a reduction of 160,800 shares during the reporting period[176]. - The total number of ordinary shareholders at the end of the reporting period was 24,681[175]. - The report does not indicate any new securities issuance or listing activities during the period[174]. - The company maintains a stable shareholder structure with no new strategic investors entering the top ten list during the reporting period[176]. Legal and Regulatory Matters - The company is involved in a legal dispute regarding the inability to convene shareholder meetings for a subsidiary, which may impact shareholder interests[133]. - The company has no media controversies or regulatory penalties during the reporting period[134][135]. - The company maintains a good integrity status, with no significant debts or court judgments pending[136].

关于参加河南上市公司投资者网上集体接待日活动的公告 证券代码：300248 证券简称：新开普 公告编号：2019-080 新开普电子股份有限公司 关于参加河南上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，构建互信共赢的投资者关系，新开普电 子股份有限公司（以下简称"公司"）将于2019年6月27日（星期四）参加由河南 证监局指导、河南上市公司协会主办、深圳市全景网络有限公司协办的"互动感 受诚信，沟通创造价值"2019年河南上市公司投资者网上集体接待日活动。 本次活动的召开时间为2019年6月27日（星期四）16：00-17：30。本次活动 将在深圳市全景网络有限公司提供的网上平台采用网络远程的方式举行，投资者 可登录"全景•路演天下"（http://rs.p5w.net）参与本次互动交流。 公司参会人员有董事长、总经理杨维国先生，财务总监李玉玲女士，董事会 秘书、副总经理赵璇女士。 本次活动将围绕公司2018年年报、公司治理、发展战略、经营状况、融资计 划、股权激励、投资者保护、可持续 ...

新开普电子股份有限公司 2019 年第一季度报告全文 新开普电子股份有限公司 Newcapec Electronics Co., Ltd. 2019 第一季度报告 股票代码：300248 股票简称：新开普 披露日期：2019年4月27日 1 新开普电子股份有限公司 2019 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。 公司负责人杨维国、主管会计工作负责人李玉玲及会计机构负责人(会计主 管人员)张翀声明：保证季度报告中财务报表的真实、准确、完整。 2 新开普电子股份有限公司 2019 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） | 163,998,303.51 | 132,158,072.07 | 24 ...

新开普电子股份有限公司 2018 年年度报告全文 新开普电子股份有限公司 Newcapec Electronics Co., Ltd. 有开放，有生态；有连接，有未来 2018 年年度报告 股票代码：300248 股票简称：新开普 披露日期：2019年3月30日 1 新开普电子股份有限公司 2018 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人杨维国、主管会计工作负责人李玉玲及会计机构负责人(会计主管人员)张翀 声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面的内容，均不构成本公司对任何投资者 及相关人士的实质承诺，投资者及相关人士均应对此保持足够的风险认识，并且应当理解计 划、预测与承诺之间的差异。 1、生产经营季节性波动风险 学校是公司的主要下游客户，存在比较明显的季节性特征：一般而言，学校在寒假过后 的 3-4 月启动信息化项目建设计划；5-7 月通过项目招 ...

Financial Performance - The company reported a profit distribution plan, proposing a cash dividend of 0.40 CNY per 10 shares based on a total of 481,092,495.00 CNY[8]. - Newcapec Electronics reported a revenue of RMB 1.2 billion for the fiscal year 2018, representing a year-over-year growth of 15% compared to RMB 1.04 billion in 2017[14]. - The company achieved a net profit of RMB 150 million in 2018, which is an increase of 20% from RMB 125 million in the previous year[14]. - The company's operating revenue for 2018 was CNY 837,627,576.70, an increase of 8.84% compared to CNY 769,619,720.03 in 2017[20]. - The net profit attributable to shareholders for 2018 was CNY 96,112,608.43, a decrease of 19.69% from CNY 119,671,217.16 in 2017[20]. - The net profit after deducting non-recurring gains and losses was CNY 84,840,232.07, down 25.73% from CNY 114,225,842.90 in 2017[20]. - The net cash flow from operating activities was CNY 30,446,464.52, a decline of 53.45% compared to CNY 65,411,485.56 in 2017[20]. - The total assets at the end of 2018 were CNY 2,109,236,347.89, an increase of 3.49% from CNY 2,038,092,539.69 at the end of 2017[20]. - The net assets attributable to shareholders at the end of 2018 were CNY 1,442,579,183.48, up 5.95% from CNY 1,361,604,158.46 at the end of 2017[20]. Market Expansion and Strategy - The company is expanding its market presence and investing in new projects, although it recognizes potential risks from macroeconomic factors and industry policies[8]. - Newcapec plans to expand its market presence by entering three new provinces in 2019, aiming for a 25% increase in user acquisition[14]. - The company is exploring potential acquisitions in the fintech sector to diversify its service offerings and enhance technological capabilities[14]. - The company aims to achieve a revenue target of RMB 1.5 billion for the fiscal year 2019, representing a growth target of 25%[14]. - The company is focused on developing smart campus solutions, integrating technologies such as big data, cloud computing, and IoT to enhance campus information systems[36]. - The company is promoting a comprehensive solution for smart campus platforms in vocational education, integrating digital campus platforms, business systems, and various training facilities[77]. Technology and Innovation - The company emphasizes the importance of timely technology and product development to meet market demands, as rapid technological changes are prevalent in the information industry[6]. - The company has a robust research and development capability, but it must continuously innovate to keep pace with evolving customer needs and market trends[6]. - The company is focusing on integrating modern technologies such as big data, cloud computing, and artificial intelligence into educational services[30]. - The company is developing a smart campus platform based on "Education Informatization 2.0," utilizing emerging technologies such as cloud computing, IoT, big data, and AI[109]. - The company has launched a facial recognition authentication service platform, which has been implemented in over 30 universities across China, enhancing applications in consumption, access control, attendance, and more[57]. - The company is leveraging machine learning algorithms for the first time in the education sector to analyze student behavior logs comprehensively[16]. Risks and Challenges - The company faces risks related to high accounts receivable, which may impact cash flow and operational efficiency due to longer payment cycles from clients[6]. - The company acknowledges the risk of talent turnover, which could affect its long-term development if it fails to attract and retain skilled professionals[7]. - The company recognizes the need for continuous R&D to keep pace with rapid technological advancements, as failure to do so may weaken its competitive edge[196]. - The company is aware of management risks associated with its expanding scale, which may complicate decision-making and increase the demand for skilled personnel[197]. - The company must conduct annual impairment tests on goodwill from acquisitions, which poses a risk if acquired companies do not perform as expected[200]. User Engagement and Services - User data indicates that the "Perfect Campus" platform has onboarded over 500,000 users, reflecting a 30% increase from the previous year[14]. - The "Perfect Campus" app has served over 1,000 universities and more than 10 million registered college students, with nearly 9 million users verified[71]. - The average weekly activity rate of the "Perfect Campus" app is over 20%, with a monthly activity rate of approximately 50%[111]. - The company’s smart campus solutions leverage cloud computing, big data, IoT, and mobile internet technologies to provide comprehensive digital services for students and faculty, improving overall campus life[60]. - The company has established a comprehensive teaching management service platform to improve educational management processes and enhance schools' competitive capabilities[67]. Financial Management and Investments - The total amount of raised funds was RMB 740.99 million, with a net amount of RMB 683.77 million after deducting issuance costs[163]. - The company has committed to several investment projects, including a smart card solution upgrade with a total investment of CNY 10.2866 million, achieving 102.47% of the planned investment by June 30, 2014[169]. - The company has not undergone any changes in fundraising project allocations during the reporting period[173]. - The company utilized 14.6 million CNY of temporarily idle funds for cash management, ensuring liquidity[172]. - The company has established two new subsidiaries in 2018, expanding its consolidation scope[129]. Customer Service and Support - The company has established a nationwide unified service hotline and optimized its customer service structure to enhance operational support[88]. - The company is enhancing its customer service through the "New Kaipu Service Treasure" app, allowing for efficient repair requests and service evaluations[90]. - The company has expanded its service offerings to include a digital campus card, which facilitates various applications such as consumption and access control through QR code technology[56].

Financial Performance - Operating revenue for the reporting period was CNY 191,093,288.89, an increase of 22.79% year-on-year [8]. - Net profit attributable to shareholders was CNY 28,808,118.93, up 19.27% compared to the same period last year [8]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 27,563,139.23, an increase of 18.03% year-on-year [8]. - Basic earnings per share for the reporting period were CNY 0.0597, an increase of 20.36% compared to the same period last year [8]. - Total operating revenue for Q3 2018 reached ¥191,093,288.89, an increase of 22.8% compared to ¥155,629,543.55 in the same period last year [46]. - Net profit for Q3 2018 was ¥28,710,487.14, representing a 22.5% increase from ¥23,495,651.66 in Q3 2017 [48]. - The company reported a total profit of CNY 30,223,259.31, up from CNY 28,704,145.08, reflecting an increase of about 5.3% [52]. - The net profit for Q3 2018 was CNY 33,212,144.52, a decrease of 42.8% compared to CNY 58,086,001.92 in Q3 2017 [60]. - The total profit for Q3 2018 was CNY 35,919,332.55, a decline of 40.9% from CNY 60,682,127.20 in the previous year [60]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,878,736,793.97, a decrease of 7.82% compared to the end of the previous year [8]. - Cash and cash equivalents decreased by 89.31% to ¥63,552,439.57 from ¥594,278,568.35 due to restricted stock purchases and cash management increases [20]. - Accounts receivable increased by 40.03% to ¥443,677,653.97 from ¥316,839,429.76, attributed to increased sales and services not yet settled [20]. - Inventory rose by 33.14% to ¥266,001,331.38 from ¥199,798,094.17, driven by increased sales activity [20]. - Total liabilities decreased significantly, with long-term borrowings down by 32.37% to ¥46,763,200.00 from ¥69,149,900.00 due to repayment of maturing loans [20]. - Total liabilities decreased to RMB 499,963,058.96 from RMB 657,616,937.69, showing a reduction in overall debt [41]. - The company's total assets decreased to RMB 1,878,736,793.97 from RMB 2,038,092,539.69, indicating a decline in asset base [41]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -230,849,558.90, a decrease of 71.94% year-on-year [8]. - The net cash flow from operating activities for Q3 2018 was -CNY 230,849,558.90, worsening from -CNY 134,261,680.60 in Q3 2017 [61]. - The company reported a net cash outflow from investing activities of -CNY 167,651,888.49 in Q3 2018, compared to -CNY 389,755,290.84 in Q3 2017 [63]. - The cash flow from financing activities in Q3 2018 was -CNY 132,998,994.21, a significant decrease from a positive cash flow of CNY 77,617,808.69 in Q3 2017 [63]. - The net cash flow from financing activities was -141,533,517.38, compared to a positive net cash flow of 77,630,365.83 in the previous period [67]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,589 [12]. - The top ten shareholders collectively held 48.89% of the company's shares [13]. - The company repurchased and canceled 5,620,740 restricted stocks, reducing total shares from 324,475,501 to 318,854,761 [33]. - The company plans to distribute cash dividends of ¥0.6 per 10 shares, totaling ¥19,468,530.06, along with a capital increase through stock dividends [32]. Expenses and Income - The company reported non-recurring gains of CNY 7,840,035.69 during the reporting period [9]. - The company experienced a 254.55% increase in financial expenses to ¥9,269,860.11 from ¥2,614,507.37, primarily due to increased interest expenses [22]. - Other income for the quarter was CNY 21,780,192.02, down from CNY 39,803,393.15, showing a decrease of about 45.3% [55]. - Cash paid for purchasing goods and services increased by 20.14% to ¥286,819,982.75 due to business expansion [23]. - Investment income increased by 1628.99% to ¥6,064,694.68 from ¥350,765.91, resulting from external investment projects and cash management returns [22]. Research and Development - The company capitalized research and development expenses amounting to ¥8,617,437.83 during the reporting period [20]. - Research and development expenses for the quarter were ¥18,072,233.65, slightly down from ¥18,941,787.98, indicating a focus on cost management [46]. - Research and development expenses increased to CNY 62,027,017.06, compared to CNY 55,053,626.49, marking a rise of approximately 12.7% [55].

Revenue and Profitability - The company reported a significant increase in revenue, driven by the growing demand for smart card solutions in educational institutions[5]. - Newcapec Electronics reported a revenue of RMB 200 million for the first half of 2018, representing a year-on-year increase of 15% compared to RMB 174 million in the same period of 2017[15]. - The company's net profit attributable to shareholders for the first half of 2018 was RMB 30 million, up 20% from RMB 25 million in the same period last year[15]. - The company expects a revenue guidance of RMB 450 million for the full year 2018, which would represent a growth of 18% compared to 2017[16]. - Newcapec's gross margin improved to 35% in the first half of 2018, up from 32% in the same period last year[15]. - The company achieved operating revenue of 275.57 million yuan, a year-on-year increase of 1.68%, while the net profit attributable to shareholders was -9.46 million yuan, a year-on-year decline of 142.84%[52]. - The total comprehensive income for the current period was -11,261,313.92, compared to 20,050,072.94 in the previous period, showing a substantial decrease[197]. Market Position and Expansion - The company has established a strong market position in the school sector, which is the primary customer base, and is actively expanding into enterprise and urban areas[5]. - Newcapec plans to expand its market presence by entering three new provinces in 2019, aiming for a 30% increase in market share[16]. - The company has a market share of over 40% in the campus informationization sector, covering more than 1,000 universities[40]. - The company is focusing on the development of mobile applications, with an expected launch of two new apps by the end of 2018[16]. - The company is actively involved in the development of smart city solutions, including smart residential areas and smart elderly care, to enhance its service offerings and market presence[60]. Research and Development - The company emphasizes the importance of timely technology and product development to meet market demands, highlighting the rapid pace of innovation in the smart card industry[7]. - The company is investing RMB 50 million in R&D for new RFID technologies, targeting a launch by Q4 2019[16]. - The company has a strong R&D and innovation capability, with core technical personnel averaging over 10 years of industry experience[44]. - The company established a software research institute in Shanghai and a research center in Beijing to enhance its R&D capabilities and product technology levels[64]. - The company aims to improve its R&D management system and product quality through the reconstruction of its R&D processes[110]. Financial Health and Risks - The company faces risks related to high accounts receivable, which may impact cash flow and operational funding needs[6]. - The net cash flow from operating activities was -¥172,592,493.78, which is a 49.61% decline from -¥115,364,102.89 in the same period last year[25]. - The company has acknowledged the risk of goodwill impairment following acquisitions, which could negatively impact its financial performance if not managed properly[113]. - The company reported a significant decrease in income tax expenses by 94.18%, amounting to ¥199,807.18, due to a reduction in total profit compared to the previous year[67]. - The company is facing operational risks in the mobile internet business due to the rapid development of the industry[104]. Strategic Initiatives - The company plans to invest in projects funded by non-public stock issuance, although external economic factors may affect project outcomes[8]. - The company does not plan to distribute cash dividends or issue bonus shares, focusing instead on reinvestment[9]. - The company has implemented a strategy of "fusion innovation" and "integrated multi-business operations" to strengthen its competitive advantage[46]. - The company is transitioning from a traditional campus card service provider to a comprehensive enterprise information service provider, enhancing its competitiveness and profitability[59]. - The company has ongoing projects in mobile internet services and vocational education, with significant funds allocated for their development[81]. Operational Performance - The company acknowledges the seasonal nature of its business, with peak revenue recognition occurring in the third and fourth quarters[6]. - The company has successfully completed the acquisition of Shanghai Shuwei Information Technology Co., enhancing its capabilities in smart card solutions[16]. - The company has established over 30 branches nationwide to enhance customer service and support[45]. - The company has integrated its product development and sales efforts to strengthen its "hardware + software" ecosystem, laying a solid foundation for long-term growth[52]. - The company reported a total of 34,200,000 in entrusted financial management, with an unexpired balance of 28,200,000[92]. Shareholder and Equity Information - The company has a stock incentive plan involving 488 participants, with a total of 10.5012 million restricted shares granted, of which 9.7012 million shares are initially granted[126]. - The company has successfully completed the repurchase and cancellation of 111,900 shares of restricted stock from 11 departing employees, totaling 1,384,203 RMB[129]. - Major shareholder Yang Weiguo holds 19.57% of the shares, totaling 94,159,108 shares[169]. - The company’s registered capital decreased from RMB 324.475501 million to RMB 318.854761 million, and then increased to RMB 481.092495 million[164]. - The company did not experience any changes in its controlling shareholder during the reporting period[172].

Revenue Growth - The company reported a significant increase in revenue, with a year-on-year growth of 20% in the smart card business segment[6]. - Newcapec Electronics reported a revenue of RMB 1.2 billion for the fiscal year 2017, representing a year-over-year increase of 15% compared to RMB 1.04 billion in 2016[19]. - The company achieved operating revenue of 769.62 million yuan, a year-on-year increase of 12.60%[54]. - The company's total revenue for 2017 reached ¥769,619,720.03, representing a year-on-year increase of 12.60% compared to ¥683,488,129.76 in 2016[71]. - The company reported a significant increase in revenue, achieving a total of $1.5 billion, representing a 20% year-over-year growth[90]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in the last fiscal year, representing a 15% year-over-year growth[199]. - The company reported a significant increase in revenue, achieving a total of $1.2 billion for the quarter, representing a 15% year-over-year growth[200]. Profitability - The gross profit margin for the year was reported at 35%, indicating a stable profitability despite market competition[9]. - The company's net profit for 2017 was RMB 150 million, up 20% from RMB 125 million in the previous year[20]. - The net profit attributable to shareholders for 2017 was ¥119,671,217.16, a 41.04% increase compared to ¥84,850,220.15 in 2016[27]. - The company reported a net profit attributable to shareholders of RMB 119,671,217.16 for the year 2017[180]. - The company reported a net profit of 2.5 million in 2017, reflecting a year-on-year increase of 15%[193]. - The net profit attributable to the parent company after deducting non-recurring gains and losses for the year 2017 was CNY 23,667,283.27, with a cumulative net profit of CNY 47,721,722.06, exceeding CNY 47 million[194]. Research and Development - The company plans to invest 50 million RMB in R&D for new product development in the next fiscal year, aiming to enhance its competitive edge[10]. - The company is investing RMB 50 million in R&D for new RFID technologies, targeting a launch in Q3 2018[20]. - Research and development expenses accounted for 13.65% of total revenue, indicating a strong commitment to innovation[83]. - R&D investment in 2017 amounted to ¥105,051,851.48, representing 13.65% of operating revenue, an increase from 11.61% in 2016[94]. - The number of R&D personnel increased to 788 in 2017, accounting for 38.65% of the total workforce, up from 37.29% in 2016[94]. - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[200]. Market Expansion - The company aims to expand its market presence in urban areas, targeting a 25% growth in new client acquisitions in the next year[6]. - Newcap plans to expand its market presence by entering three new provinces in 2018, aiming for a 25% increase in market share[19]. - The company is expanding its market presence by adopting new payment methods, including NFC and mobile payment solutions[87]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2018[193]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by the end of 2024[197]. - Market expansion efforts are underway, with plans to enter three new international markets by the end of the year[200]. User Engagement - User data indicated that the number of active users on the "Perfect Campus" platform increased by 30% year-over-year, reaching 500,000 users by the end of 2017[20]. - The "Perfect Campus" mobile internet service platform has partnered with over 900 universities, serving 10 million users, with registered users exceeding 6 million and certified users over 5 million, doubling from 2016[44]. - The average daily active users on the "Perfect Campus" platform peaked at 583,600, with monthly active users reaching 2.18 million[57]. - User data showed a 15% increase in active users, reaching 2 million users by the end of the quarter[90]. - User data showed a growth of 20% in active users compared to the previous year, reaching a total of 1.2 million users[193]. - User data showed an increase in active users, reaching 5 million, which is a 20% increase compared to the previous year[199]. Financial Management - The accounts receivable increased by 15% compared to the previous year, raising concerns about cash flow management[9]. - The net cash flow from operating activities decreased by 53.42% to ¥65,411,485.56 in 2017 from ¥140,431,576.89 in 2016[27]. - Cash and cash equivalents saw a net increase of only ¥7,050,470.16, a decline of 98.19% compared to the previous year[96]. - The company raised a total of RMB 33,600 million through its initial public offering, with a net amount of RMB 29,902.66 million after deducting issuance costs[107]. - The company has a total of RMB 19,142.3 million in unutilized raised funds as of the reporting date[107]. - The company plans to enhance its supply chain efficiency, targeting a 15% reduction in operational costs[90]. Strategic Acquisitions - Newcapec is exploring potential acquisitions in the smart card technology sector to enhance its product offerings and market competitiveness[19]. - A strategic acquisition of a tech startup was completed, expected to contribute an additional $200 million in revenue annually[90]. - The company is exploring potential acquisitions to strengthen its product portfolio and market position, with a budget of 100 million allocated for this purpose[199]. - The company has completed a strategic acquisition of a smaller competitor for $200 million, expected to enhance market share[200]. Innovation and Technology - The company has implemented measures to protect its core technologies, including patent applications and confidentiality agreements with key personnel[11]. - The company is committed to continuous innovation, with a focus on integrating customer needs into product development and maintaining a strong R&D team with an average industry experience of over 10 years[48]. - The company is focusing on enhancing system flexibility and scalability through the integration of new technologies[87]. - The company is committed to enhancing user experience by offering a more visual and intuitive data presentation[91]. - The company is focusing on expanding its self-service platforms for gas card users, facilitating easier recharge and transaction processes[92]. - The company is committed to sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025[193]. Risk Management - The company is facing risks related to talent retention, with an increasing demand for skilled professionals in the tech industry[13]. - The company must enhance its management, technology, and marketing capabilities to mitigate potential management risks associated with rapid growth[161]. - The company acknowledges potential operational risks in its vocational education services, as the business model differs significantly from its existing smart card operations[158]. - The company has a significant goodwill amount from acquisitions, which requires annual impairment testing, posing a risk if the acquired companies do not perform as expected[163].

Financial Performance - Total revenue for Q1 2018 was CNY 132,158,072.07, representing a 23.10% increase compared to CNY 107,355,265.33 in the same period last year[8]. - Net profit attributable to shareholders was CNY -13,093,861.50, a decrease of 585.12% from CNY 2,699,074.49 in the previous year[8]. - The company reported a total revenue of 132.16 million yuan, representing a year-on-year growth of 23.10%[32]. - The net profit attributable to shareholders for Q1 2018 was -13.09 million yuan, a decline compared to the same period last year[38]. - The total operating revenue for Q1 2018 was CNY 132,158,072.07, an increase of 23.1% compared to CNY 107,355,265.33 in the same period last year[85]. - The company's total equity decreased to CNY 1,365,722,109.33 from CNY 1,380,475,602.00, a decline of 1.1%[80]. - The company reported a net profit margin of approximately 10.0% for Q1 2018, down from 11.0% in the previous year[85]. - The total current assets as of March 31, 2018, amounted to RMB 1,126,286,454.03, down from RMB 1,249,249,088.98 at the start of the period[77]. - The company's total assets decreased to CNY 1,934,105,508.32 from CNY 2,038,092,539.69, a decline of 5.1%[80]. - The company's cash and cash equivalents decreased to CNY 398,758,095.54 from CNY 528,656,517.20, a decline of 24.6%[81]. - The company's sales expenses increased to CNY 50,290,078.47 in Q1 2018, up from CNY 43,136,683.97 in Q1 2017, reflecting a rise of 16.5%[89]. - The total liabilities decreased to CNY 568,383,398.99 from CNY 657,616,937.69, representing a reduction of 13.5%[79]. Cash Flow - Net cash flow from operating activities was CNY -129,001,258.39, a decline of 59.12% compared to CNY -81,071,206.82 in the same period last year[8]. - Cash and cash equivalents decreased by 31.58%, from 594.28 million yuan to 406.61 million yuan, primarily due to the repurchase of restricted stock and reduced operating cash flow[28]. - The net increase in cash and cash equivalents was -CNY 186,738,040.42, compared to -CNY 85,523,200.91 in the previous year[94]. - Operating cash inflow totaled CNY 126,281,192.62, an increase from CNY 116,309,267.03 in the previous period[93]. - Investment cash inflow amounted to CNY 60,632,931.51, significantly higher than CNY 11,897,971.51 in the same period last year[94]. - Net cash flow from investment activities was CNY 27,396,372.56, up from CNY 5,170,619.71 in the previous year[94]. - Cash outflow from financing activities reached CNY 85,133,154.59, compared to CNY 9,622,613.80 in the prior period[98]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,266[20]. - The largest shareholder, Yang Weiguo, holds 20.29% of the shares, amounting to 65,840,000 shares, with 49,380,000 shares pledged[20]. - The second-largest shareholder, Shang Weiguo, holds 3.85% of the shares, totaling 12,487,200 shares[20]. - The top ten shareholders collectively hold 49.1057% of the company's shares[21]. - The company has a total of 120,162,134 restricted shares as part of its incentive plan[25]. - The number of restricted shares held by Yang Weiguo is 49,380,000, which is subject to management lock-up[24]. - The company has not conducted any repurchase transactions among the top ten shareholders during the reporting period[21]. Market and Competition - The company faces intensified competition in the smart card industry, particularly in traditional sectors like access control and attendance systems[10]. - The company is experiencing seasonal fluctuations in operations, with significant revenue recognition peaks in the third and fourth quarters due to school project cycles[11]. - The rapid growth of accounts receivable poses a risk to cash flow, as project payment processes have become more complex and lengthy[13]. - The company is focusing on integrated operations and expanding its customer base in the smart campus sector, leveraging mobile internet and QR code applications[37]. - The company is expanding into growth sectors such as smart city construction and smart elderly care, aiming to build a comprehensive smart industry chain[42]. Research and Development - The company emphasizes the need for continuous R&D to keep up with market demands and technological advancements in the smart card sector[14]. - The company has initiated several key R&D projects, including a big data analysis platform for smart campuses, which has already begun sales[33]. - The company has implemented measures to enhance its R&D management system and improve product quality and reliability through process reengineering[47]. - The company has accumulated a strong technical reserve in the full industry chain of new generation information technology, including cloud computing, big data, and mobile internet[46]. - The company plans to recruit and train a new talent pool to adapt to the mobile internet era and improve strategic operational capabilities[43]. Investment and Fundraising - The company has a risk associated with the implementation of fundraising investment projects, influenced by macroeconomic conditions and market environments[18]. - The total amount of funds raised in the current quarter is 68,376.69 million, with a cumulative investment of 51,873.68 million[57]. - The cumulative proportion of changed use of raised funds is 0.00%[57]. - The project "Intelligent Card Overall Solution Technology Upgrade" has a cumulative investment of 10,540.6 million, achieving 102.47% of the planned investment[57]. - The "R&D Center Upgrade and Expansion" project has a cumulative investment of 3,957.58 million, achieving 114.18% of the planned investment[57]. - The "Marketing and Customer Service Network Expansion" project has a cumulative investment of 2,379.3 million, achieving 104.70% of the planned investment[57]. - The acquisition of 100% equity of Dike Yuanwang has a cumulative investment of 7,095.4 million, achieving 100.00% of the planned investment[57]. - The company plans to use approximately 926.24 million of remaining raised funds for permanent working capital[59]. - The company has not reported any issues regarding the use and disclosure of raised funds[59]. Governance and Compliance - The company has recognized significant goodwill from mergers and acquisitions, which requires annual impairment testing to mitigate potential negative impacts on financial performance[52]. - The company plans to enhance its governance structure and internal control systems to adapt to its rapid business expansion and management challenges[48]. - The board of directors must review and approve any changes to the profit distribution policy, ensuring compliance with legal and regulatory requirements[65]. - The company emphasizes a sustainable and stable return mechanism for investors, considering operational performance and shareholder expectations[67]. - The company has not reported any violations regarding external guarantees during the reporting period[72]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[73].