Financial Performance - The company's revenue for Q1 2022 was ¥271,472,215.73, representing a 12.54% increase compared to ¥241,220,389.44 in the same period last year[3] - Net profit attributable to shareholders decreased by 92.69% to ¥2,117,928.67 from ¥28,975,925.55 year-on-year[3] - Basic earnings per share dropped by 92.75% to ¥0.0048 from ¥0.0662 in the same period last year[3] - Net profit for Q1 2022 decreased to CNY 2,548,796.75, down 90.9% from CNY 27,978,441.13 in Q1 2021[24] - Total operating revenue for Q1 2022 was CNY 271,472,215.73, an increase of 12.5% compared to CNY 241,220,389.44 in Q1 2021[23] Cash Flow - The net cash flow from operating activities was negative at -¥41,044,116.66, a decline of 61.70% compared to -¥25,382,509.80 in the previous year[3] - Cash inflow from operating activities totaled 274,475,597.49 yuan, down 26.4% from 372,932,262.84 yuan in the previous period[26] - Cash outflow from operating activities was 315,519,714.15 yuan, a decrease of 20.8% compared to 398,314,772.64 yuan in the previous period[26] - The net cash flow from investing activities was -1,029,148.46 yuan, a significant drop from 29,737,207.85 yuan in the previous period[28] - Cash inflow from financing activities was 128,575,711.30 yuan, an increase of 24.9% from 102,826,997.61 yuan in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,758,635,421.05, down 3.84% from ¥2,868,847,944.19 at the end of the previous year[3] - Total liabilities decreased to CNY 1,972,910,830.67 from CNY 2,092,498,375.56 year-over-year, a reduction of 5.7%[21] - The company’s total equity increased to CNY 785,724,590.38 from CNY 776,349,568.63 year-over-year, reflecting a growth of 1.9%[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 75,836[10] - Zhang Wan holds 17.24% of shares with 75,404,500 shares, of which 56,553,375 are pledged[10] - Sun Yizheng holds 13.50% of shares with 59,055,209 shares, of which 44,291,407 are pledged[10] Expenses - The company reported a significant increase in management expenses by 46.32% to ¥26,088,636.79 due to the amortization of equity incentive expenses[7] - Total operating costs for Q1 2022 were CNY 260,154,128.25, up from CNY 254,724,477.77 in the same period last year, reflecting a growth of 2.3%[23] - Research and development expenses for Q1 2022 were CNY 17,429,067.04, slightly up from CNY 16,679,644.94 in Q1 2021[23] Investment and Financing Activities - The company recorded a 92.20% decline in investment income to ¥86,662.25 from ¥1,111,070.27 in the previous year due to the disposal of a stake in a subsidiary[7] - The company received 108,404,338.00 yuan in cash from borrowings, up from 57,482,629.17 yuan in the previous period[28] - The company paid 128,156,511.08 yuan in cash to repay debts, compared to 60,633,229.16 yuan in the previous period[28] Other Information - The company has completed a transaction involving the transfer of 100% equity of Tenglong Assets for a total price of ¥35,928.07 million[15] - As of the announcement date, Tenglong Data has paid a total of ¥24,908.26 million of the transaction price[17] - The company has not disclosed any new product or technology developments in this report[12]

Financial Performance - The company's operating revenue for 2021 was approximately CNY 1.45 billion, representing a 7.67% increase compared to CNY 1.35 billion in 2020 [20]. - The net profit attributable to shareholders for 2021 was CNY 30.20 million, a significant turnaround from a loss of CNY 166.01 million in 2020, marking an increase of 118.19% [20]. - The net profit after deducting non-recurring gains and losses was CNY 26.46 million in 2021, compared to a loss of CNY 186.96 million in 2020, reflecting a 114.16% improvement [20]. - The net cash flow from operating activities for 2021 was CNY 10.10 million, a 160.06% increase from a negative cash flow of CNY 16.82 million in 2020 [20]. - The total assets at the end of 2021 were approximately CNY 2.87 billion, a slight decrease of 0.53% from CNY 2.88 billion at the end of 2020 [20]. - The net assets attributable to shareholders increased by 4.93% to CNY 649.89 million at the end of 2021, up from CNY 619.37 million at the end of 2020 [20]. - The basic earnings per share for 2021 were CNY 0.069, a recovery from a loss of CNY 0.3795 per share in 2020, representing an increase of 118.18% [20]. - The weighted average return on equity for 2021 was 4.76%, a significant improvement from -23.64% in 2020, indicating a recovery in profitability [20]. - The company achieved operating revenue of 1,448.95 million yuan, a year-on-year increase of 7.67% [50]. - The net profit attributable to the listed company was 30.20 million yuan, a year-on-year increase of 118.19%, marking a turnaround from loss to profit [50]. Strategic Focus and Market Position - The company has focused its strategy on the information data sector, aligning with the rapid growth of the software and information technology service industry, which saw an average annual growth rate of 13.8% from 2015 to 2020 [31]. - The software and information technology service industry is projected to grow from 8.16 trillion CNY in 2020 to 14 trillion CNY by 2025, indicating a strong market opportunity for the company [32]. - The company is positioned as a key player in the data center industry, which is expected to experience sustained high growth driven by national policies and advancements in new information technologies [36]. - The company is committed to developing green and sustainable data center solutions, in line with national goals for carbon neutrality and energy efficiency [36]. - The company aims to provide energy-efficient and reliable solutions, supporting clients in their digital transformation efforts [35]. - The company is the first A-share listed company in its industry, highlighting its pioneering role and market leadership [34]. Research and Development - The company has established three R&D centers in Chengdu, Shenzhen, and Shanghai, and holds 194 patents, including 18 invention patents [77]. - The company is focusing on the research and development of new technologies and products, particularly in the fields of data center management and energy-saving solutions [127]. - The company has implemented prefabrication in HVAC and electrical engineering to improve construction quality and reduce installation time by one-third [100]. - The company has developed advanced technologies for air pollution control, including low-temperature SCR denitrification and dry desulfurization systems, enhancing its competitive edge in the environmental governance market [48]. - The company is actively exploring intelligent operations and low-carbon data center business models, leveraging its technological expertise and experience [58]. Operational Efficiency and Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, highlighting potential operational risks and corresponding countermeasures [4]. - The company aims to enhance service capabilities and resource utilization in data centers through a restructured service execution system and marketing strategy [60]. - The company is committed to ensuring that investment projects generate benefits promptly to achieve investment objectives and minimize goodwill impairment risks [170]. - The company has established measures to mitigate the risk of bad debts through reasonable provisions for accounts receivable [169]. - The company aims to improve management efficiency by gradually implementing group-level controls and enhancing internal auditing processes [172]. Future Outlook and Guidance - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies [199]. - The company has set a performance guidance for 2022, aiming for continued growth in revenue and profitability [124]. - The company plans to expand its market presence through strategic investments and partnerships, enhancing its competitive edge in the industry [127]. - The company aims to enhance R&D investments in new energy data centers, energy-saving technologies, and smart IoT capabilities to meet dual carbon goals [160]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years [199]. Corporate Governance and Compliance - The company has revised 36 regulations and established one new regulation to enhance corporate governance in compliance with updated laws and regulations [176]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements [181]. - The company maintains strict information disclosure practices, ensuring timely and accurate communication with investors [185]. - The company has established a performance evaluation and incentive mechanism for directors and senior management, linking compensation directly to performance [184]. - The company has conducted four shareholder meetings during the reporting period, ensuring compliance with relevant laws and equal treatment of all shareholders [178].

Financial Performance - The company's revenue for Q3 2021 was ¥388,193,897.23, representing a year-over-year increase of 5.97%[4] - Net profit attributable to shareholders for Q3 2021 was ¥11,085,637.26, a significant increase of 131.63% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,716,783.74, up 119.29% year-over-year[4] - The basic earnings per share for Q3 2021 was ¥0.0253, reflecting a growth of 131.59% from the previous year[4] - Total operating revenue for Q3 2021 was CNY 970,410,907.68, an increase of 4.8% compared to CNY 931,009,957.45 in the same period last year[53] - Net profit for Q3 2021 reached CNY 28,791,151.27, a significant recovery from a net loss of CNY 67,254,797.94 in the previous year[54] - Earnings per share for Q3 2021 were CNY 0.0714, compared to a loss per share of CNY 0.1487 in the same quarter last year[55] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥2,702,817,396.37, a decrease of 6.29% from the end of the previous year[4] - The company's total assets decreased to CNY 2,702,817,396.37 from CNY 2,884,136,561.37 year-on-year[50] - Total liabilities decreased to CNY 1,909,698,835.21 from CNY 2,119,809,151.48 year-on-year[51] - Total equity attributable to shareholders reached CNY 619,366,948.66[63] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥20,507,301.37, indicating a decline of 169.74%[4] - Cash flow from operating activities showed a net outflow of CNY 20.51 million, a decrease of 169.74% due to reduced sales receipts and increased operating expenses[10] - Operating cash inflow for the current period was CNY 960,848,239.51, a decrease of 4.2% from CNY 1,003,031,973.41 in the previous period[57] - Net cash flow from operating activities was negative CNY 20,507,301.37, compared to a positive CNY 29,406,879.96 in the previous period[57] - Cash inflow from investment activities totaled CNY 39,149,013.77, significantly up from CNY 20,022,528.58 in the previous period[58] - Cash inflow from financing activities was CNY 281,335,257.07, down from CNY 475,558,213.02 in the previous period[58] Government Subsidies and Other Income - The company received government subsidies totaling ¥911,096.89 in Q3 2021, contributing to its non-recurring gains[6] - The company reported a significant increase in other income, with operating income rising by 256.90% to CNY 3.07 million due to increased contract penalties received[9] Projects and Contracts - The company won the bid for the "Yuan Yang Qing Bai Jiang Big Data Ecological Industrial Park" project with a contract amount of RMB 284,598,371.55[17] - The company is involved in the "Yangtze River Delta (Hefei) Digital Technology Center" project with a contract amount of RMB 122,866,188.9 and cumulative received payments of RMB 6,143,300[19] - The company signed a total package contract for the Fangshan Green Cloud Computing Data Center project with a contract price of CNY 603 million[28] Legal Matters - The total amount of ongoing litigation for the company and its subsidiaries from July 2020 to July 2021 is RMB 92.2928 million, with RMB 60.8391 million involved in 14 unresolved cases[40] - The company is currently involved in multiple lawsuits, with a total of ¥69.75 million in labor disputes and ¥17.29 million in construction contract disputes, all of which remain unresolved[47] - The company has faced multiple legal challenges, with several cases still pending judgment, indicating ongoing litigation risks[42] Equity and Investments - The equity attributable to shareholders increased by 5.04% to ¥650,612,254.16 compared to the end of the previous year[4] - The company agreed to transfer 5.27% equity of VALUEBIOTECH S.R.L for RMB 4.0766 million to an affiliated entity[39] - The company has established a wholly-owned subsidiary with an investment of CNY 10 million to operate embedded software related to data center development and sales[36]

Financial Performance - The company reported a revenue of 300 million yuan for the first half of 2021, representing a year-on-year increase of 15%[1] - The net profit attributable to shareholders was 50 million yuan, up 20% compared to the same period last year[1] - The company's operating revenue for the first half of 2021 was RMB 582,217,010.45, representing a 3.11% increase compared to RMB 564,673,294.54 in the same period last year[23] - The net profit attributable to shareholders was RMB 20,159,668.24, a significant turnaround from a loss of RMB 29,980,604.86 in the previous year, marking a 167.24% increase[23] - The net profit after deducting non-recurring gains and losses was RMB 18,350,283.98, compared to a loss of RMB 39,434,882.42 in the same period last year, reflecting a 146.53% improvement[23] - The basic earnings per share increased to RMB 0.0461 from a loss of RMB 0.0685, representing a 167.30% increase[23] - The company's operating costs increased to ¥468,446,550.86, a rise of 1.86% from ¥459,893,534.48[60] - Research and development investment amounted to ¥29,517,025.24, reflecting a 2.52% increase from ¥28,791,229.07[60] - The company reported a net profit of CNY 107.59 million, representing 4.05% of total equity, driven by improved operational performance[72] Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[1] - Future guidance indicates a projected revenue growth of 20% for the second half of 2021[1] - The company is focusing on enhancing its cloud computing capabilities to improve service efficiency[1] - The company has identified potential acquisition targets in the data center sector to enhance its service offerings[1] - The company aims to enhance its market share and profitability by focusing on innovation in energy-saving technologies and efficient operation management systems, responding to the increasing demand for high-efficiency and low-cost data center solutions[38] - The company is committed to continuous innovation and research and development to meet the challenges posed by the evolving market landscape and regulatory environment[43] Research and Development - The company plans to invest 100 million yuan in R&D for new technologies and products in the upcoming year[1] - The company is focusing on the information data sector, providing comprehensive lifecycle solutions for cloud computing and data centers[30] - The company has developed advanced technologies for air pollution control and waste resource utilization, enhancing its competitive edge in the environmental governance sector[40] - The company has over 70 patented technologies in air pollution control and has optimized several technologies, including "low-temperature SCR denitrification technology" and "ultra-clean second-generation electric dust removal technology" for environmental protection[45] - The company has launched an AI algorithm-based energy-saving control technology that analyzes historical operational data to provide precise load forecasts and optimization suggestions, effectively lowering energy consumption[50] Environmental Governance - The environmental governance sector includes advanced technologies for air pollution control and has expanded into urban waste management[31] - The company is positioned to benefit from the national push towards green and low-carbon development, with a focus on optimizing data center infrastructure and promoting energy efficiency[35] - The company is committed to continuous R&D investment, driving innovation in environmental governance technologies across various segments[45] Legal and Compliance - The company did not receive any administrative penalties related to environmental issues during the reporting period[133] - The company actively complied with environmental laws and regulations, ensuring emissions met standards[133] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[138] - The half-year financial report was not audited[140] - There were no significant litigation or arbitration matters reported during the period[142] Litigation and Disputes - The total amount of ongoing litigation for the company and its subsidiaries from July 2020 to July 2021 is approximately 92.29 million CNY, including principal, interest, or penalties[143] - The company is currently involved in a lawsuit with an amount of 3.79 million CNY related to a construction contract dispute, which is still pending arbitration[144] - The company has ongoing litigation involving approximately 1.17 million CNY related to a sales contract dispute, which is currently in mediation[144] - The company has a pending case involving approximately 89.7 million CNY related to a construction contract dispute, which is currently being reviewed by a higher court[144] - The company has reported a significant number of unresolved legal cases, indicating ongoing challenges in its operational environment[148] Subsidiaries and Investments - The company completed the acquisition of the remaining equity of Shenzhen Long Control Intelligent Technology Co., Ltd., making it a wholly-owned subsidiary[91] - The group invested RMB 50.5 million to increase the registered capital of the Intelligent Engineering Company to RMB 63.125 million, maintaining an 80% ownership stake[89] - The company holds a 100% stake in Lincang Yijin Renewable Energy Technology Co., Ltd., which was established with a registered capital of RMB 50 million[111] - Jiangsu Yijin plans to expand its operations in the renewable energy sector, focusing on waste recycling and biomass energy[111][112] Financial Liabilities and Guarantees - The company approved a total external guarantee amount of ¥14,000 million by the end of the reporting period, with an actual guarantee balance of ¥1,500 million[167] - The company has provided guarantees totaling ¥61,400 million for its subsidiaries during the reporting period, with an actual guarantee amount of ¥6,000 million[169] - The actual guarantee amount at the end of the reporting period was ¥41,124.54 million, which accounted for 64.30% of the company's net assets[169] Major Contracts and Projects - The company has ongoing major contracts, including a contract with Beijing Dexin Zhiyuan Technology Co., Ltd. valued at ¥602,590,754, with sales revenue recognized at ¥84,651,543.1[171] - The company signed a contract for the "Yangtze River Delta (Hefei) Digital Technology Center Project" with a total contract value of ¥122,866,188.90[186] - The project for the "320m2 Sintering Machine Flue Gas Desulfurization, Dust Removal, and Denitrification Engineering" was completed in June 2021, with a total contract value of ¥128,000,000[189]

Financial Performance - The company's revenue for Q1 2021 was ¥241,220,389.44, representing a 72.43% increase compared to ¥139,895,911.46 in the same period last year[8]. - Net profit attributable to shareholders was ¥28,975,925.55, a significant turnaround from a loss of ¥39,791,025.49 in the previous year, marking a 172.82% improvement[8]. - The net profit after deducting non-recurring gains and losses was ¥27,088,358.17, compared to a loss of ¥41,483,857.39 last year, reflecting a 165.30% increase[8]. - Basic earnings per share rose to ¥0.0662 from a loss of ¥0.0910, an increase of 172.75%[8]. - The weighted average return on equity improved to 4.57%, up 9.77% from -5.20% in the previous year[8]. - The company achieved operating revenue of 241.22 million yuan, a year-on-year increase of 72.43%[19]. - Net profit attributable to shareholders reached 28.98 million yuan, up 172.82% compared to the same period last year[19]. - The total comprehensive income for Q1 2021 was CNY 27,978,441.13, compared to a comprehensive loss of CNY -39,801,692.34 in the previous year[83]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,745,933,575.98, a decrease of 4.79% from ¥2,884,136,561.37 at the end of the previous year[8]. - Total liabilities decreased to ¥1,953,627,724.96 from ¥2,119,809,151.48, a reduction of about 7.8%[74]. - Current liabilities totaled ¥1,536,449,790.30, down from ¥1,678,397,840.73, reflecting a decline of approximately 8.5%[74]. - The company's equity attributable to shareholders increased to ¥648,342,874.21 from ¥619,366,948.66, an increase of about 4.7%[75]. - Accounts receivable decreased to ¥756,979,886.46 from ¥874,627,101.59, representing a decline of about 13.4%[72]. Cash Flow - The net cash flow from operating activities was -¥25,382,509.80, an improvement of 25.41% compared to -¥34,028,847.53 in the same period last year[8]. - Cash inflow from operating activities totaled CNY 372,932,262.84, up from CNY 211,149,051.95 in the previous period[89]. - Cash outflow from operating activities was CNY 398,314,772.64, compared to CNY 245,177,899.48 in the previous period[90]. - The ending balance of cash and cash equivalents was CNY 91,348,565.41, down from CNY 135,572,851.05 at the end of the previous period[91]. Government Support and Investments - The company received government subsidies totaling ¥728,204.82 during the reporting period, which included various forms of assistance[9]. - The company plans to invest RMB 50 million in the "Linxiang District Municipal Solid Waste Resource Treatment Project" through its subsidiary, Jiangsu Yijin Environmental Technology Co., Ltd.[35]. - The company has established a joint venture, Wubaiyun Technology Co., Ltd., with a total investment of RMB 371.43 million, where the company holds a 30% stake, contributing RMB 111.429 million[54]. Legal Matters - The company is involved in 18 ongoing lawsuits/arbitrations, with a total amount of 75.605 million yuan, primarily related to contract disputes[60]. - The company won a court ruling requiring a defendant to pay 1,650,260.97 yuan and a penalty of 754,287.1 yuan[59]. - The company has signed a settlement agreement in a case involving a debt of 3.28 million yuan[59]. - The company has reported a total of 75.605 million yuan in ongoing litigation, indicating a significant legal exposure[60]. Operational Developments - The company reported a significant increase in orders across various regions, including multiple contracts worth tens of millions in the engineering and equipment sectors[39]. - New product development includes two utility model patents for a new type of containerized data center immersion cooling system and a precision air conditioning system utilizing waste heat from hydrogen fuel cells[40]. - The company is focusing on the development of advanced environmental technologies, including low-temperature, low-sulfur flue gas denitrification technology and ultra-clean second-generation electrostatic precipitator technology[43]. Management and Human Resources - The company is facing management risks due to rapid growth since its listing in August 2011, necessitating improvements in management and decision-making capabilities[50]. - The company plans to enhance human resource management and implement competitive talent incentive mechanisms to attract and retain talent[52].

Financial Performance - In 2020, the company achieved total operating revenue of 1,345.76 million yuan, with a net profit attributable to shareholders of the listed company at -166.01 million yuan[5]. - The net profit after deducting non-recurring gains and losses decreased by 157.68 million yuan year-on-year, primarily due to increased credit impairment losses, asset impairment losses, and a decline in gross profit margin[5]. - The company's operating revenue for 2020 was CNY 1,345,760,248.92, representing a 14.11% increase compared to CNY 1,179,354,900.26 in 2019[20]. - The net profit attributable to shareholders for 2020 was a loss of CNY 166,013,357.91, a significant decline of 5,164.11% from a profit of CNY 3,278,236.16 in 2019[20]. - The net cash flow from operating activities was negative CNY 16,821,564.74, a decrease of 148.48% compared to CNY 34,695,680.90 in the previous year[20]. - The basic earnings per share for 2020 was negative CNY 0.3795, down 5,160.00% from CNY 0.0075 in 2019[20]. - The total assets at the end of 2020 amounted to CNY 2,884,136,561.37, reflecting a 2.59% increase from CNY 2,811,358,815.34 at the end of 2019[20]. - The net assets attributable to shareholders decreased by 21.09% to CNY 619,366,948.66 from CNY 784,875,842.28 in 2019[20]. - The company's weighted average return on equity for 2020 was negative 23.64%, a decline of 24.05% from 0.41% in 2019[20]. - The company reported a significant increase in losses, with the net profit after deducting non-recurring gains and losses being negative CNY 186,956,485.56 in 2020[20]. - The company has indicated uncertainty regarding its ability to continue as a going concern due to the negative net profits reported in recent years[20]. Revenue Breakdown - Revenue from the information data sector reached 1,102.82 million CNY, representing a year-on-year growth of 50.29%, while revenue from the environmental governance sector declined by 14.72% to 196.23 million CNY[56]. - Revenue from the information data sector was ¥1,102,817,183.40, accounting for 81.95% of total revenue, with a significant year-on-year growth of 50.29%[77]. - Revenue from the environmental governance sector decreased by 14.72% to ¥196,231,440.21, down from ¥230,109,939.22 in the previous year[77]. Operational Strategy - The company plans to strengthen accounts receivable management and enhance credit control over customers to improve performance[5]. - The company has shifted its focus from the healthcare sector to information data and environmental governance, providing comprehensive solutions for data centers[29][30]. - The company aims to provide lifecycle solutions for data center infrastructure, including design, energy-saving technology, and operational services[30]. - The company has established a comprehensive service capability across the entire data center and information infrastructure industry chain, providing one-stop services from equipment to software and from architecture construction to service[50]. - The company is expanding its cloud computing data center smart operation and maintenance services, enhancing its marketing and service capabilities[49]. - The company has focused on the information data sector by divesting its healthcare business, allowing for a concentrated resource allocation[59]. Research and Development - The company has a strong focus on R&D, with over a hundred patented technologies and a recognized national enterprise technology center[40]. - The company achieved significant breakthroughs in new product development, including the SGA series for small data centers and the launch of the Yiyun series outdoor intelligent integrated cabinet, which is now ready for mass production[64]. - The company has developed new atmospheric pollution control technologies, including low-temperature SCR denitrification and dry desulfurization, which have already secured orders[72]. - Research and development expenses amounted to ¥61,468,069.89, representing 4.57% of operating revenue, a decrease from 5.39% in 2019[92]. Market Position and Growth - The data center market in China has seen an average annual growth rate of over 30% in the past five years, with over 315,000 racks in use by the end of 2019[33]. - The company has successfully served multiple data center projects, including those for major clients like GuoHua and Tencent, enhancing its experience in cloud computing and data center management[34]. - The company is positioned to benefit from the increasing demand for data center services and the growth of the IDC industry[147]. - The IDC industry in China reached approximately 87.8 billion RMB in market revenue in 2019, with a compound annual growth rate of about 26% over the past three years, and is expected to reach around 150 billion RMB in 2021[147]. Financial Management and Risks - The company has implemented various effective measures to ensure business continuity during the COVID-19 pandemic, including phased resumption of work and online training for staff[59]. - The company faces risks related to project delays due to funding adjustments from clients and the impact of the pandemic on construction schedules[155]. - The company has accumulated a provision for bad debts of 237.92 million yuan by the end of the reporting period[158]. - The company has recognized the risk of goodwill impairment from past acquisitions and plans to conduct thorough due diligence on investment projects[159]. Corporate Governance and Compliance - The company has committed to avoid engaging in any competing business with Yijin Environmental for five years following the completion of the asset acquisition, which is currently being adhered to[170]. - The company has pledged to minimize or avoid related party transactions with Yimikang and its subsidiaries, and this commitment is being fulfilled normally[171]. - The company has confirmed that its commitments and guarantees will remain effective until it no longer holds 5% or more of the shares[173]. - The company has not reported any violations of its commitments regarding competition and conflicts of interest since its IPO[173]. Legal Matters - The company has ongoing litigation cases, with a total of 1,380.64 million yuan involved in disputes[190]. - The company has faced a total of 843.23 thousand yuan in claims as defendants, with ongoing litigation in several cases[189]. - The company has successfully executed a judgment to recover 985.73 thousand yuan from a previous case, with further enforcement actions pending[188]. - The company is actively involved in litigation management and has reported on the progress of various cases in its financial disclosures[187].

Financial Performance - Operating revenue for the reporting period was ¥366,336,662.91, representing a 70.45% increase year-on-year[8]. - Net profit attributable to shareholders was -¥35,052,327.03, a decrease of 288.60% compared to the same period last year[8]. - Basic earnings per share for the reporting period was -¥0.0801, a decline of 288.47% year-on-year[8]. - The weighted average return on equity was -4.75%, compared to -7.06% in the previous year[8]. - The company reported a net profit for Q3 2020 of a loss of CNY 34,182,678.22, contrasting with a profit of CNY 23,156,590.95 in the previous year[78]. - The net profit for the current period is a loss of CNY 113,156,481.01, compared to a profit of CNY 10,119,089.31 in the previous period[91]. - The total comprehensive income for the current period is a loss of CNY 113,156,481.01, compared to a gain of CNY 10,119,089.31 in the previous period[91]. Cash Flow - The net cash flow from operating activities was ¥10,323,164.61, down 86.96% from the previous year[8]. - Cash flow from operating activities showed a net increase of 29.41 million CNY, a significant turnaround from -702.75 million CNY in the previous period, attributed to increased cash receipts from sales[21]. - The net cash flow from operating activities is CNY 29,406,879.96, a significant improvement from a negative cash flow of CNY -70,275,324.82 in the previous period[94]. - The total cash and cash equivalents at the end of the period were 10,975,160.51 CNY, down from 94,652,616.29 CNY in the previous period, indicating a substantial decrease in liquidity[98]. - The cash flow from financing activities showed a net outflow of -52,283,391.65 CNY, compared to -36,435,299.45 CNY in the previous period, indicating higher financing costs[98]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,882,314,838.88, an increase of 2.52% compared to the end of the previous year[8]. - The company's total liabilities increased from RMB 1.83 billion at the end of 2019 to RMB 1.97 billion by September 30, 2020[70]. - The company's long-term borrowings rose significantly from RMB 67.45 million at the end of 2019 to RMB 283.23 million by September 30, 2020[70]. - Total current liabilities amounted to CNY 1,588,513,692.39, with short-term borrowings at CNY 445,796,433.91 and accounts payable at CNY 597,880,249.49[102]. - Total liabilities reached CNY 1,832,874,984.98, while total equity was CNY 978,483,830.36, resulting in total assets of CNY 2,811,358,815.34[103]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,187[12]. - The top shareholder, Zhang Wan, holds 17.24% of the shares, amounting to 75,404,500 shares[12]. - The company did not experience any changes in share capital due to new share issuance or other reasons during the reporting period[8]. - The company’s major shareholder, Sun Yizheng, has pledged 33.92 million shares, representing 51.70% of his holdings, which is 7.75% of the total share capital[29]. - The controlling shareholder Zhang Wan holds 75,404,500 shares, accounting for 17.24% of the total share capital, with 34,150,000 shares pledged, representing 45.29% of her holdings and 7.81% of the total share capital[33]. Legal Matters - The company is involved in 18 ongoing lawsuits with a total amount of 79.12 million yuan, primarily related to contract disputes[41]. - The largest ongoing lawsuit involves a construction contract dispute with an amount of 28.25 million yuan, where the company has won the first instance judgment[41]. - The company has faced challenges in enforcing judgments due to the lack of executable assets from defendants in several cases[39]. - The company continues to monitor and manage its legal risks associated with ongoing litigation[41]. Contracts and Projects - The company reported a contract amount of approximately ¥136.61 million for the Ma'anshan Intelligent Equipment and Big Data Industrial Park Phase I Data Center project, which commenced in October 2020[46]. - The company secured a contract amounting to approximately ¥118.61 million for the construction of the Sichuan West Data IDC room and supporting facilities, with about 60% of the project completed as of the latest report[49]. - The company is executing a contract valued at ¥603 million for the Fangshan Green Cloud Computing Data Center project, with significant progress in construction and testing phases[54]. - The company plans to invest approximately ¥296.24 million in the biomass cogeneration project, which is expected to generate 264 million kWh annually and replace 84,600 tons of standard coal[55]. Research and Development - The company reported a significant increase in research and development expenses, totaling CNY 16,623,522.05 compared to CNY 13,764,882.39 in the previous year[77]. - Research and development expenses increased to ¥6,939,404.72 from ¥4,873,297.29 in the previous period, indicating a focus on innovation[81]. - Research and development expenses for the current period amount to CNY 18,177,224.34, an increase of 7.1% from CNY 16,968,176.61 in the previous period[89].

Financial Performance - The company reported a revenue of 300 million yuan for the first half of 2020, representing a year-on-year increase of 15%[1] - The net profit attributable to shareholders was 50 million yuan, up 20% compared to the same period last year[1] - The company's operating revenue for the first half of 2020 was approximately ¥564.67 million, representing a 6.80% increase compared to ¥528.74 million in the same period last year[21] - The net profit attributable to shareholders was a loss of approximately ¥29.98 million, a decrease of 629.72% from a profit of ¥5.66 million in the previous year[21] - The company achieved total revenue of 56,467.33 million yuan in the first half of 2020, with a net profit attributable to shareholders of -2,998.06 million yuan[51] - Revenue from the information data sector reached 43,076.32 million yuan, representing a year-on-year growth of 8.29%, while the environmental governance sector saw a revenue decline of 18.75% to 8,719.85 million yuan[51] - The gross profit margin for the precision air conditioning business decreased to 27.20%, primarily due to changes in the internal revenue structure and a significant drop in revenue from this segment by 40.41%[52] - The company reported a basic earnings per share of -¥0.0685, a decline of 631.01% from ¥0.0129 in the previous year[21] - The weighted average return on net assets was -3.89%, a decrease of 4.60% compared to 0.71% in the same period last year[21] - The net profit after deducting non-recurring gains and losses was approximately -¥39.43 million, a decline of 1,145.61% from ¥3.77 million in the previous year[21] Market Strategy and Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2021[1] - The company is actively exploring new business models in environmental governance, transitioning from project design and manufacturing to integrated service provision[29] - The company has established a comprehensive solution for data centers, integrating energy-saving technologies and smart operational platforms to serve various sectors including telecommunications and finance[28] - The company focuses on data center infrastructure construction and precision air conditioning, providing comprehensive solutions for cloud computing and big data, benefiting from the growing industry demand[31] - The company aims to create a comprehensive service ecosystem by integrating technology, supply chain, marketing, and customer resources across its four information technology sub-businesses[42] Research and Development - The company has allocated 30 million yuan for research and development in AI and IoT technologies for the upcoming year[1] - The company has developed advanced energy-saving control technology based on AI algorithms, which effectively reduces energy consumption and PUE values in data centers[39] - The company has developed innovative products such as the "Mo•Cloud series multi-mode cooling intelligent unit" and "high-density data center green energy-saving air conditioning," which have received national recognition[44] - The company successfully developed new products, including the "High-Density Data Center Green Energy-Saving Air Conditioning" and the "Easy Cloud Series Outdoor Intelligent Integrated Cabinet," which are now ready for mass production[59] Operational Efficiency - The net cash flow from operating activities improved significantly to approximately ¥19.08 million, compared to a negative cash flow of ¥149.44 million in the same period last year, marking a 112.77% increase[21] - Operating costs increased by 19.02% to ¥459.89 million from ¥386.39 million, indicating rising expenses[66] - Research and development investment decreased by 18.49% to ¥28.79 million from ¥35.32 million, reflecting a shift in focus[66] - The company is focusing on enhancing internal management and operational efficiency to meet its business objectives, especially in light of challenges faced during the pandemic[61] Risks and Challenges - Risks related to market competition and regulatory changes have been identified, with mitigation strategies in place[1] - The company faces risks related to project delays due to funding adjustments by clients and pandemic impacts, with measures to strengthen communication and project selection[119] - The company plans to strengthen project pre-assessment and actively abandon projects with significant uncontrollable risks[123] Legal and Compliance - There are currently five ongoing lawsuits with a total amount of ¥14.93 million, with no expected liabilities[135] - The company is involved in 16 ongoing lawsuits/arbitrations, with a total amount of 72.53 million yuan, primarily related to contract disputes[137] - The company has reported a significant amount of ongoing litigation, indicating potential financial implications for future operations[137] - The company has not engaged in any major litigation or arbitration matters during the reporting period[134] Shareholder Information - As of the announcement date, controlling shareholder Sun Yizheng holds 65,615,209 shares, accounting for 15.00% of the total share capital, with 26,200,000 shares pledged, representing 39.93% of his holdings and 5.99% of the total share capital[185] - Controlling shareholder Zhang Wan holds 75,404,500 shares, representing 17.24% of the total share capital, with 34,150,000 shares pledged, which is 45.29% of her holdings and 7.81% of the total share capital[189] - Together, Sun Yizheng and Zhang Wan, along with their concerted actors, hold a total of 166,174,273 shares, accounting for 37.99% of the total share capital, with 60,350,000 shares pledged, which is 36.32% of their total holdings and 13.80% of the total share capital[189] Future Outlook - The company’s future outlook includes potential market expansion and new product development strategies[149] - The company plans to invest in the "Linxiang District Municipal Solid Waste Resource Treatment Project" with a registered capital of RMB 50 million[194] - The project is expected to be completed and put into operation in Q4 2020 due to delays in major equipment redesign[195]

Financial Performance - Total revenue for Q1 2020 was ¥139,895,911.46, a decrease of 36.94% compared to ¥221,860,395.19 in the same period last year[8] - Net profit attributable to shareholders was -¥39,791,025.49, a decline of 3,545.00% from ¥1,155,037.86 in the previous year[8] - Basic and diluted earnings per share were both -¥0.0910, a decrease of 3,600.00% from ¥0.0026 in the previous year[8] - The company's operating revenue for the reporting period was CNY 139,895,911.46, a decrease of 36.94% compared to the previous year due to the impact of the pandemic on production and sales[19] - The net profit attributable to shareholders of the listed company was CNY -39,791,025.49, a significant decline of 3545.00% year-on-year[19] - The company's gross profit margin was adversely affected, leading to a significant drop in net profit, attributed to lower revenue and increased credit impairment losses[19] - Net profit for Q1 2020 was a loss of CNY 39,801,692.34, compared to a loss of CNY 974,017.34 in the same period last year[58] - The net profit for the first quarter was a loss of CNY 28,748,101.70, compared to a profit of CNY 225,079.37 in the same period last year[62] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥34,028,847.53, a 63.62% increase compared to -¥93,530,880.16 in the same period last year[8] - The company's cash flow from operating activities showed a net outflow of CNY -34,028,847.53, an improvement of 63.62% compared to the previous period[20] - The company’s cash and cash equivalents increased by 107.44% to CNY 9,023,454.82, driven by improved cash flow from financing activities[20] - The total cash flow from operating activities was -CNY 34,028,847.53, an improvement from -CNY 93,530,880.16 in the previous period[66] - The company experienced a net cash increase of CNY 9,023,454.82 during the quarter, contrasting with a decrease of CNY 121,205,013.38 in the previous period[67] - The net cash flow from operating activities was -50,460,778.21, an improvement from -95,119,952.92 in the previous period, indicating a 47% reduction in cash outflow[69] - Total cash inflow from operating activities was 203,411,561.55, significantly higher than 93,577,566.70 in the previous period, representing a 117% increase[69] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,859,401,922.99, an increase of 1.71% from ¥2,811,358,815.34 at the end of the previous year[8] - The company's total assets as of March 31, 2020, were CNY 1,407,761,930.13, slightly down from CNY 1,426,139,513.94 at the end of 2019[53] - The company's total liabilities reached approximately CNY 1.92 billion, compared to CNY 1.83 billion at the end of 2019, marking an increase of about 4.8%[50] - Total liabilities increased to CNY 700,958,618.22 from CNY 690,588,100.33, showing a growth of 1.3%[54] - Total liabilities amounted to 1,832,874,984.98, remaining stable compared to the previous period[73] - The total assets of the company were 2,811,358,815.34, unchanged from the previous period[73] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,111[12] - The top shareholder, Sun Yizheng, held 17.94% of the shares, amounting to 78,495,500 shares[12] - Net assets attributable to shareholders decreased by 5.07% to ¥745,084,816.79 from ¥784,875,842.28 at the end of the previous year[8] - The controlling shareholder's spouse released a pledge on 5 million shares, reducing the pledged shares to zero, while the total pledged shares held by the controlling shareholder group account for 24.50% of the company's total equity[36] - The company's equity attributable to shareholders decreased to CNY 706,803,311.91 from CNY 735,551,413.61, a decline of 3.9%[54] Government Support and Subsidies - The company received government subsidies totaling ¥1,731,141.32 during the reporting period[9] - The company achieved a 42.08% increase in other income, totaling CNY 2,156,168.69, mainly due to increased government subsidies during the reporting period[19] Operational Developments - The company has developed multiple models in the SGA series for small data rooms and communication base stations, which have received CCC certification, enhancing its market competitiveness[25] - The company is actively pursuing research and development innovations to accelerate product and solution iterations, which is expected to capture more market share[25] - The company has actively expanded its medical health business, including modular operating rooms and digital operating room systems, in response to national policy support and pandemic-related opportunities[26] - The company obtained two software copyright certificates related to robotic control systems and two design patents, which are expected to create new growth opportunities in the medical health sector[27] - The company has implemented measures to strengthen its manufacturing capabilities and project management in the environmental governance sector[28] Risk Management - The total accounts receivable at the end of the reporting period was 1,028.50 million yuan, accounting for 35.97% of total assets, indicating a potential risk to cash flow and operational efficiency[32] - The company plans to enhance project pre-evaluation and strengthen collection management to mitigate risks associated with high accounts receivable[32] - The company reported no overdue commitments from major shareholders or related parties during the reporting period[41] - There were no violations regarding external guarantees during the reporting period[43] - The company has disclosed ongoing litigation with a total amount of approximately CNY 10.13 million, with six cases pending as of the announcement date[38] Miscellaneous - The company has initiated the cancellation of its subsidiary Sichuan Kangweijia Information Technology Co., Ltd., completing the deregistration process by February 10, 2020[35] - The company is focused on improving its management capabilities to address challenges arising from rapid growth since its listing in 2011[33] - The company aims to enhance its financing strategies to support ongoing business expansion and investment plans[30] - The company has not undergone an audit for the first quarter report[76] - The company has implemented new revenue and lease standards starting in 2020, but this does not apply to the current report[76] - The report was issued by the legal representative Zhang Wan on April 28, 2020[77]

Financial Performance - The company's operating revenue for 2019 was ¥1,179,354,900.26, a decrease of 13.99% compared to ¥1,371,177,902.80 in 2018[19]. - The net profit attributable to shareholders was ¥3,278,236.16, down 91.44% from ¥38,278,594.81 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was -¥29,275,445.57, a decline of 224.14% compared to ¥23,582,536.54 in 2018[19]. - The total assets at the end of 2019 were ¥2,811,358,815.34, a decrease of 4.59% from ¥2,946,478,696.23 in 2018[19]. - The company's total liabilities decreased by 4.59% compared to the previous year, indicating a potential improvement in financial stability[19]. - The company reported a net profit of -¥2,753,048.17 in 2019, a decrease from ¥37,268,699.31 in 2018, indicating a significant decline in profitability[100]. - The company’s investment income was ¥21,079,512.60, primarily from the transfer of equity in Shanghai Honggang Data Information Co., Ltd., reflecting a -432.97% change[102]. - The financial expenses increased by 44.23% to ¥50,207,247.91 in 2019, attributed mainly to increased borrowing interest[94]. Revenue Breakdown - The information data sector generated revenue of 733.80 million yuan, a year-on-year decline of 28.66%, while the healthcare sector saw revenue growth of 212.47% to 215.45 million yuan[55]. - The environmental protection sector reported revenue of 230.11 million yuan, down 15.9% year-on-year, with a backlog of orders increasing by 26.75% to 213.34 million yuan[55]. - The company's revenue from the Northeast region dropped by 72.09% to ¥13.60 million, while the Southwest region saw an increase of 45.39% to ¥364.14 million[79]. - The company's total revenue for the information data sector was approximately ¥733.80 million, a decrease of 28.66% year-over-year, with a gross margin of 30.13%, which is an increase of 3.54% compared to the previous year[82]. - In the healthcare sector, revenue reached approximately ¥215.45 million, showing a significant increase of 212.47% year-over-year, although the gross margin decreased by 6.11% to 11.83%[82]. Strategic Focus and Development - The report outlines the company's strategic focus on expanding its market presence and developing new technologies[11]. - The company operates in three main sectors: information data, medical health, and environmental governance, focusing on data center solutions and precision air conditioning[29]. - The company is actively engaged in the public-private partnership model for infrastructure projects, promoting collaboration with private enterprises[12]. - The company aims to enhance its brand value by focusing on customer experience and maintaining a high-quality, trustworthy brand image[50]. - The company is optimistic about future growth, expecting that its strategic layout and order execution will lead to improved performance[56]. Risk Management - The company emphasized the importance of risk awareness regarding future plans and performance forecasts, indicating that these do not constitute binding commitments to investors[5]. - The report includes a detailed discussion of potential risks and countermeasures related to the company's future development[5]. - The company has identified risks related to project delays and has implemented measures to strengthen communication with project owners[174]. Research and Development - The company has over 100 patented technologies and software copyrights, indicating a strong focus on innovation and R&D capabilities[48]. - The company’s innovative "Mo•Cloud series multi-mode cooling intelligent unit" has received national recognition for its technological achievements[48]. - In 2019, the company's R&D expenses amounted to ¥63,555,697.98, a decrease of 11.76% compared to ¥72,027,854.86 in 2018, with R&D expenses accounting for 5.39% of operating revenue[96]. - The number of R&D personnel decreased to 302 in 2019 from 313 in 2018, primarily due to the exclusion of Beijing Zicai Information Technology Co., Ltd. from the consolidated financial statements[95]. Subsidiaries and Acquisitions - The company acquired a 100% stake in Shenzhen Long Control Intelligent Technology Co., Ltd. for ¥22,000,000.00, focusing on infrastructure management systems[112]. - The company also invested ¥33,600,000.00 in Chongqing Cloud Data Technology Co., Ltd., holding a 20% stake, aimed at data center construction and operation[112]. - The company has terminated the establishment of an industrial merger fund and sold a 14% stake in Shanghai Honggang, while acquiring 100% of Shenzhen Long Control[37]. - The company acquired the remaining 49% stake in Shenzhen Longkong Intelligent Technology Co., transforming it from a subsidiary to a wholly-owned entity, which is expected to enhance business synergy in the information data sector[122]. Cash Dividends and Shareholder Policy - The company did not distribute any cash dividends for the fiscal year 2019, with a total cash dividend amount of 0.00 RMB[186]. - The cash dividend for 2018 was 6,689,813.91 RMB, representing 17.48% of the net profit attributable to the parent company[190]. - The company’s decision to withhold dividends is aimed at supporting ongoing operational and investment activities[191]. - The company has committed to maintaining shareholder interests through a clear and structured profit distribution policy[183]. Market Trends and Future Outlook - The IDC market size in China reached RMB 156.25 billion in 2019, with a year-on-year growth of 27.2%[163]. - The compound annual growth rate (CAGR) of the IDC market is expected to be 26.9% from 2019 to 2022[164]. - The healthcare industry is projected to exceed RMB 16 trillion by 2030, driven by government support and increasing health awareness[166]. - The environmental protection industry is expected to see continuous growth due to stricter regulations and policies aimed at pollution control[168].