吴通控股集团股份 有 限 公 司 投 资 者 关 系 活 动 记 录 表 证券代码：300292 证券简称：吴通控股 吴通控股集团股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |---------|--------------|--------------------------|---------------------------| | | | | ■特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 | □业绩说明会 | | 活 动 | 类别 | □ 新闻发布会 □路演活动 | | | | | □现场参观 | □其他 | | | | 1 、东吴证券 | 侯 宾； | | | | 2、东吴证券 | 潘佳琪； | | | | 3 、长城证券 | 余芳沁； | | | 参与单位名称 | 4 、新华资产 | 杜敏杰； | | | 以及人员姓名 | 5 、新华资产 | 兰宏阳； | | | | 6、新华资产 | 耿金文； | | | | 7 、新华资产 | 赵博睿。 | | 时 间 | | 2019 年 3 月 6 | 日下午 13:00-15:00 | ...

吴通控股集团股份 有 限 公 司 投 资 者 关 系 活 动 记 录 表 证券代码：300292 证券简称：吴通控股 吴通控股集团股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |--------|----------------------|-----------------------------|--------------------------------------------------------------| | | | | ■特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 | □业绩说明会 | | 活 | 动 类别 | □ 新闻发布会 □路演活动 | | | | | □现场参观 | □其他 | | | 参与单位名称 | 1 、国盛证券 黄瀚； | | | | | 2 、国盛证券 丁劲； | | | | 以及人员姓名 | 3 、海富通基金 | 彭志远。 | | | 时 间 | 2019 年 2 月 26 | 日下午 16:00-18:00 | | 地 | 点 | 公司行政办公楼五楼会议室 | | | | 上 市 公 司 接 待 人 ...

Group 1: Management Changes and Strategic Direction - The company has undergone a management change, with the new president, Mr. Zhang Jianguo, previously serving as a senior vice president at ZTE Corporation, bringing nearly 20 years of experience in wireless communication management [2]. - The focus will be on enhancing big data applications and expanding information flow services to improve precision marketing capabilities [3]. Group 2: Business Performance and Challenges - In 2018, the advertising segment faced significant challenges due to stricter industry policies and a shift in internet traffic from PC to mobile, leading to a substantial decline in performance [3]. - The company plans to increase R&D in big data applications and accelerate the layout of advertising agency services to explore new profit growth points [3]. Group 3: Financial Performance - For the first half of 2018, the company reported an operating income of 130.35 million yuan (approximately $19.1 million) and a net profit of 13.78 million yuan (approximately $2 million) [3]. - The mobile information service sector showed steady growth, with the company achieving stable revenue and net profit growth due to its quality service and reputation [3]. Group 4: Future Outlook - The company aims to leverage opportunities in the 5G industry for business transformation and upgrade efforts, focusing on new business growth points such as board-to-board connectors and small base station antennas [3]. - Detailed analyses of the 2018 performance and 2019 outlook will be disclosed in the annual report [3].

Group 1: Company Overview and Business Segments - The company adheres to a dual-driven strategy, focusing on both internal growth and external expansion, supported by two main business segments: Internet Information Services and Communication Intelligent Manufacturing [2]. - Internet Information Services include mobile information services and digital precision marketing, with subsidiaries leading in enterprise mobile information solutions and targeted marketing strategies [3]. - Communication Intelligent Manufacturing involves three areas: communication infrastructure connections, mobile communication terminal products, and electronic manufacturing services, establishing the company as a leading supplier in the domestic market [3]. Group 2: 2020 Performance and 2021 Outlook - In 2020, the company focused on supporting 5G communication project needs, collaborating with various clients to develop customized products, laying a solid foundation for future business growth [3]. - The company anticipates that future products will trend towards miniaturization, high integration, high speed, and broader coverage, aligning with industry development trends [3]. - The company has ceased its SSP business due to a decline since 2018, leading to a significant reduction in advertising revenue in the first half of 2020, but overall operational quality has improved [4]. Group 3: Advertising and Market Trends - The rise of new apps like Toutiao and Douyin has created significant market opportunities, prompting the company to focus on key platforms and clients to enhance its advertising capabilities [4]. - The company aims to improve video production and advertising material quality, thereby increasing service value and gross profit margins [4]. - The company is prepared for the commercialization of 5G messaging services, having established partnerships and received awards for its applications [5]. Group 4: Industry Challenges and Adaptations - The industry faces significant cost pressures due to price increases by operators, but companies have adapted by enhancing internal efficiency and expanding business scale [5]. - The concentration of the industry is expected to increase, benefiting leading companies as they upgrade existing products to 5G messaging services [5].

证券代码：300292 证券简称：吴通控 编号：2021-002 股 吴通控股集团股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------------------|----------------------------------|----------------------------------------------------------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 | □业绩说明会 | | 投资者 关系活 | □新闻发布会 | □路演活动 | | 动类别 | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单 位名称 | 安徽中珏投资管理有限公司 | 王奎 | | 及人员姓名 | | | | 时间 | 2021 年 5 月 14 日上午 | 10:00-11:30 | | 地点 | 公司行政办公楼六楼会议室 | | | 上市公 司接待 人员姓名 | 副总裁兼董事会秘书 | 李勇先生 | | | 主要内容如下： | | | | | 问题一：公司现在下属子公司较多，业务分散 ...

Financial Performance - The company's revenue for Q3 2022 was ¥1,064,586,152.63, representing a decrease of 4.74% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥1,514,225.40, a decline of 105.22% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,036,750.80, an increase of 4.34% compared to the previous year[5] - Total operating revenue for Q3 2022 was ¥2,955,145,161.83, a decrease of 9.54% compared to ¥3,267,278,991.66 in Q3 2021[26] - Net profit for Q3 2022 was ¥21,625,899.78, a decline of 64.06% from ¥60,234,338.41 in Q3 2021[27] - The company reported a total comprehensive income of ¥21,007,409.29 for Q3 2022, significantly lower than ¥60,257,926.88 in the same quarter last year[27] - The company’s total profit for Q3 2022 was ¥29,655,278.53, down from ¥72,637,976.12 in Q3 2021, reflecting a decrease of 59.32%[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,600,172,058.76, a decrease of 1.33% from the end of the previous year[5] - The company's total liabilities were CNY 1,344,981,443.63, compared to CNY 1,394,327,521.81 at the beginning of the year, indicating a reduction in liabilities[25] - The company's current assets totaled CNY 2,217,417,511.26, slightly down from CNY 2,228,504,555.00 at the start of the year[24] - As of September 30, 2022, the company's total assets amounted to CNY 2,600,172,058.76, a decrease from CNY 2,635,160,727.65 at the beginning of the year[24] Cash Flow - Cash flow from operating activities showed a net outflow of ¥188,929,501.09, down 61.11% year-to-date[5] - Cash flow from operating activities worsened, with a net outflow of ¥188,929,501.09 compared to ¥117,264,152.36 in the previous year, mainly due to a decrease in cash received from sales of goods and services[14] - Cash inflow from investment activities surged by 1,760.26% to ¥301,676,181.77 from ¥16,216,891.45, primarily due to the maturity of structured deposits[14] - The company reported a net cash outflow from financing activities of ¥43,235,616.42, a significant decline from a net inflow of ¥168,692,881.98 in the same period last year, mainly due to the previous year's fundraising activities[16] - The company experienced a net cash outflow from investing activities of ¥2,060,501.59 in Q3 2022, compared to a larger outflow of ¥110,855,442.36 in Q3 2021[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,644, with the largest shareholder holding 21.63% of the shares[18] Research and Development - R&D expenses increased by 30.11% to ¥97,088,446.99 compared to ¥74,620,821.40 in the same period last year, primarily due to increased investment in research and development[12] - R&D expenses increased to ¥97,088,446.99 in Q3 2022, up 30.06% from ¥74,620,821.40 in Q3 2021[26] Other Financial Metrics - The company's basic and diluted earnings per share were both ¥0.00, reflecting a 100% decrease compared to the same period last year[5] - The company's cash and cash equivalents decreased by 34.89% to ¥423,627,277.33 due to reduced business collections[10] - The accounts receivable increased by 65.30% to ¥486,638,379.22, primarily due to decreased collections from subsidiaries[10] - The company recorded a significant increase in other operating income by 75.83% to ¥1,616,770.35, attributed to increased government subsidies unrelated to daily activities[12] - The company faced a 333.08% increase in asset impairment losses, amounting to -¥8,766,907.08, primarily due to increased provisions for inventory write-downs[12]

Financial Performance - The company's operating revenue for the reporting period was ¥1,890,559,009.20, a decrease of 12.06% compared to the same period last year[21]. - The net profit attributable to shareholders was ¥22,361,562.12, down 34.08% year-on-year[21]. - The net profit after deducting non-recurring gains and losses increased by 62.94% to ¥40,649,934.30 compared to the previous year[21]. - The basic earnings per share decreased by 33.33% to ¥0.02[21]. - The company achieved operating revenue of CNY 189,055,900.90 in the first half of 2022, a decrease of 12.06% compared to the same period last year[57]. - Net profit for the same period was CNY 22,361,600.00, down 34.08% year-on-year, while the net profit attributable to shareholders after deducting non-recurring gains and losses increased by 62.94% to CNY 40,649,900.00[57]. - The company reported a total revenue of 38,000 million for the first half of 2022, which is a 1,000 million increase compared to the same period in 2021[145]. - The net profit attributable to the parent company was 0.47 billion yuan, which is a 62.9% increase year-over-year[198]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,671,638,425.04, reflecting a 1.38% increase from the end of the previous year[21]. - The company's total assets as of June 30, 2022, amounted to CNY 1,933,627,478.40, an increase from CNY 1,851,405,762.46 at the beginning of the year[182]. - The total liabilities as of June 30, 2022, were CNY 682,023,552.80, compared to CNY 639,111,897.88 at the start of the year, indicating a rise of 6.7%[182]. - The company's total liabilities increased, with the total short-term borrowings now at ¥767,766,915.42, reflecting a higher leverage position[70]. - The company's cash and cash equivalents decreased to ¥582,089,674.55, accounting for 21.79% of total assets, down from 24.69% at the end of the previous year, a decrease of 2.90%[70]. Investment and R&D - The company’s research and development investment increased by 11.33% to CNY 59,274,343.45, reflecting a commitment to innovation[60]. - The company plans to increase its investment in R&D by 35.2% in the upcoming year to enhance product innovation[199]. - The company has maintained stable core technical personnel and increased R&D investment, resulting in 61 software copyrights obtained by its subsidiary Guodu Internet by June 30, 2022[52]. - The company is focusing on enhancing its core competitiveness and adapting to industry changes, including investments in new technologies and strategic partnerships[102]. Market and Industry Trends - The mobile information service industry is experiencing stable growth, although rising costs due to telecom pricing policies are impacting profitability[33]. - The telecommunications market faced challenges in the first half of 2022, but is expected to recover as the pandemic situation improves, with a projected 5G base station count exceeding 3.6 million by 2025[46]. - The internet advertising market in China showed a stable upward trend in 2021, supported by government policies promoting high-quality development in the advertising industry[39]. - The electronic manufacturing services (EMS) industry is relatively mature, with significant growth in sub-sectors like IoT and automotive electronics despite challenges from trade tensions and the pandemic[50]. Corporate Governance and Accountability - All board members attended the meeting to review the report, ensuring accountability for its accuracy[3]. - The financial report is guaranteed to be true, accurate, and complete by the company's management[3]. - The company emphasizes the importance of risk awareness among investors regarding future plans and performance forecasts[3]. Social Responsibility - The company donated 200,000 yuan to the Suzhou Xiangcheng Charity Association for local epidemic prevention efforts in March 2022[114]. - The company organized volunteers to assist with nucleic acid sampling during a shortage of personnel, demonstrating its commitment to social responsibility[114]. Legal and Compliance Matters - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[118]. - There were no violations regarding external guarantees during the reporting period[119]. - The company is currently in the process of bankruptcy liquidation for one of its partners, with no confirmed repayment ratio yet[128]. Shareholder Information - The total number of restricted shares before the change was 233,320,161, representing 17.39% of the total shares, which decreased to 225,820,161, or 16.83% after a reduction of 7,500,000 shares[156]. - The largest shareholder, Wan Weifang, held 21.63% of the shares, totaling 290,181,248, with a reduction of 7,500,000 shares due to the release of restricted shares[161]. - The company reported a total of 71,690 shareholders at the end of the reporting period[161].

Financial Performance - The company's revenue for Q1 2022 was ¥962,405,031.06, a decrease of 14.06% compared to ¥1,119,900,517.25 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥11,444,555.04, representing a decline of 175.49% from a profit of ¥15,159,592.45 in the previous year[3] - The net loss for Q1 2022 was ¥11,386,502.20, compared to a net profit of ¥14,125,534.75 in Q1 2021, indicating a significant decline in profitability[22] - The comprehensive income total for Q1 2022 was ¥-11,164,772.96, contrasting with ¥14,472,683.49 in the previous year[23] - Basic and diluted earnings per share for Q1 2022 were both ¥-0.01, compared to ¥0.01 in Q1 2021[23] Cash Flow - The net cash flow from operating activities improved to -¥72,874,343.00, a 50.95% increase compared to -¥148,584,798.71 in the same period last year[3] - Total cash inflow from operating activities was 872,215,706.85, compared to 1,044,766,134.54 in the prior period[25] - Cash outflow from operating activities totaled 945,090,049.85, down from 1,193,350,933.25 in the previous period[25] - The net cash flow from investing activities was -119,063,736.86, worsening from -2,319,522.81 in the previous period[26] - Cash inflow from financing activities was 295,959,579.17, an increase from 211,239,875.00 in the prior period[26] - Cash outflow from financing activities was 287,872,390.29, compared to 179,958,432.00 in the previous period[26] - The net cash flow from financing activities was 8,087,188.88, down from 31,281,443.00 in the prior period[26] - The ending balance of cash and cash equivalents was 442,990,901.21, up from 326,832,803.20 in the previous period[26] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥2,661,823,567.60, reflecting a 1.01% increase from ¥2,635,160,727.65 at the end of the previous year[3] - The total liabilities as of Q1 2022 amounted to ¥1,438,805,134.72, an increase from ¥1,394,327,521.81 in the previous year[21] - The company’s total liabilities increased, with bank borrowings rising by 40.11% to ¥295,959,579.17, indicating increased leverage[10] - The total current liabilities increased to approximately 1.353 billion RMB from 1.249 billion RMB, indicating a rise of about 8.3%[19] - The company’s non-current assets totaled approximately 410.56 million RMB, slightly up from 406.66 million RMB[19] Receivables and Inventory - The company’s receivables increased by 50.18% to ¥442,142,983.03, primarily due to extended payment periods caused by the pandemic[7] - The accounts receivable increased to approximately 442.14 million RMB, up from 294.40 million RMB, reflecting a growth of about 50.2%[19] - The company’s inventory and contract assets were reported at 255.75 million RMB, down from 270.77 million RMB, showing a decrease of about 5.6%[19] Investments and Acquisitions - The company made an investment payment of ¥109,999,992.10, mainly for purchasing structured deposits and investing in Xunzhong shares[10] - The company plans to acquire 100% equity of Fuzhou 498 Network Technology Co., Ltd. to expand its main business and promote high-quality development[16] - The company’s subsidiary intends to purchase a 10% stake in Kuangyi Communication for 6.65 million RMB, maintaining a 90% ownership post-transaction[15] Research and Development - Research and development expenses for Q1 2022 were ¥23,549,994.84, a decrease of 6.7% from ¥25,235,259.40 in the same period last year[22] Tax and Other Expenses - The company reported a significant increase in tax expenses, with Q1 2022 tax expenses at ¥1,843,905.42 compared to ¥3,358,230.08 in Q1 2021[22] - The company paid 82,361,041.17 in employee compensation, slightly down from 82,722,817.42 in the previous period[25] Strategic Moves - The company has engaged multiple advisory firms for due diligence related to the major asset restructuring, indicating a strategic move towards resource integration[16]

Financial Performance - The company reported a total revenue of RMB 1.5 billion for the year 2021, representing a year-on-year increase of 15%[16]. - The net profit attributable to shareholders was RMB 200 million, which is a 10% increase compared to the previous year[16]. - The company's operating revenue for 2021 was ¥4,231,874,995.04, representing a 12.39% increase compared to ¥3,765,355,719.07 in 2020[20]. - The net profit attributable to shareholders in 2021 was ¥60,729,793.45, a significant turnaround from a loss of ¥564,873,688.72 in 2020, marking a 110.75% increase[20]. - The net cash flow from operating activities reached ¥141,937,821.74 in 2021, a remarkable increase of 1,487.65% from -¥10,228,640.83 in 2020[20]. - The basic earnings per share for 2021 was ¥0.05, compared to a loss of ¥0.44 per share in 2020, reflecting a 111.36% improvement[20]. - The total assets at the end of 2021 amounted to ¥2,635,160,727.65, a 2.99% increase from ¥2,558,721,867.90 at the end of 2020[20]. - The net assets attributable to shareholders increased by 17.34% to ¥1,245,301,191.48 at the end of 2021, up from ¥1,061,298,589.84 in 2020[20]. - The company reported a total of ¥38,558,727.43 in non-recurring gains for 2021, compared to ¥11,931,237.25 in 2020[25]. - The company’s cash flow from operating activities was CNY 141.94 million, an increase of CNY 152.17 million compared to the previous year[70]. Market Expansion and Strategy - The company plans to invest RMB 300 million in R&D for new products and technologies in 2022, focusing on 5G and IoT solutions[16]. - Future guidance indicates an expected revenue growth of 20% for 2022, targeting RMB 1.8 billion[16]. - The company is expanding its market presence in Southeast Asia, with plans to enter three new countries by the end of 2022[16]. - A strategic acquisition of a local tech firm was completed for RMB 150 million to enhance technological capabilities[16]. - The company aims to enhance its digital marketing strategies, increasing budget allocation by 30% in 2022[16]. - The company is focusing on expanding its market position in the financial sector by leveraging its technological experience and client resources[32]. - The company aims to strengthen its leading position in the communication market while expanding into military, rail transportation, and medical equipment sectors[36]. - The company is actively exploring innovations in the RCS field and has developed comprehensive 5G messaging service capabilities for various terminals[31]. - The company is committed to continuous innovation and service optimization to meet the evolving needs of its clients in a competitive market[47]. Research and Development - The company is developing the RX90 project to support 5GNR data terminals, aiming for mass production and compliance with 3GPP standards[100]. - The R720 project is focused on improving existing mass-produced products for better market fit and customer customization[100]. - The PX55 project is a 5G module that supports multiple standards and aims for mass production to meet market demand[100]. - The company has applied for three patents related to smart IoT device antennas to enhance product structure and market share[101]. - The company is focusing on the development of 5G CPE devices, which can convert 5G signals into WiFi or wired signals, enhancing connectivity for both home and enterprise users[102]. - The company has achieved a 4-fold increase in PCB panel efficiency, raising the number of panels to 168, which maximizes production capacity[103]. - The company has successfully reduced the defect rate of soldering to 0.01% through the development of advanced wave soldering technology for large components[103]. - The company is enhancing its R&D capabilities to break foreign patent monopolies, thereby increasing brand recognition and market competitiveness[102]. Risk Management - The management highlighted potential risks including market competition and regulatory changes that could impact future performance[5]. - The company faces challenges such as reliance on a single large customer, which limits pricing power and affects gross margins[61]. - The company is committed to strengthening risk control by closely monitoring the operational status of major clients, especially in digital marketing[144]. - The company anticipates challenges from rising operator channel prices and supply chain pressures due to the ongoing pandemic[144]. - The company acknowledges the risks associated with policy and industry changes, particularly in the mobile information services sector, and plans to adjust its strategies accordingly[147]. Corporate Governance - The company emphasizes compliance with regulations and aims to improve its governance structure to protect shareholder interests[152]. - The company is committed to transparent information disclosure and maintaining good investor relations[154]. - The company maintains complete independence from its controlling shareholders in terms of business operations, personnel, assets, and finances[155]. - The company has established an independent financial management system and internal audit department, ensuring no assets are occupied by shareholders[156]. - The company has a clear ownership of land, factories, machinery, and intellectual property related to its main business[156]. - The company has a decision-making structure that includes a shareholders' meeting, board of directors, and supervisory board, all operating independently[156]. - The company’s management team, including the president and financial officer, does not hold positions or receive compensation from the controlling shareholders[155]. - The company has a robust internal governance structure that prevents interference from shareholders in daily operations[156]. Employee Management and Development - The company emphasized talent management, creating an internal talent database and conducting semi-annual and annual assessments to improve employee satisfaction[81]. - The company implemented a fair and just compensation incentive system to motivate core employees, linking performance bonuses to individual and unit performance[181]. - The company emphasized talent development through training programs for management and operational staff, enhancing leadership capabilities[183]. - The total number of employees at the end of the reporting period was 1,395, with 66 in the parent company and 1,329 in major subsidiaries[179]. - The total employee compensation for the reporting period was CNY 36.84 million, accounting for 0.95% of the company's total costs[182]. Social Responsibility and Community Engagement - The company actively participated in community support during the COVID-19 pandemic, maintaining employee rights and contributing to local charities[199]. - The company received the "Most Charitable Donor Enterprise" award, highlighting its commitment to social responsibility[199]. - The company has implemented environmental protection measures, including regular cleaning of wastewater pipelines and obtaining national pollution discharge permits[197]. - The company has developed emergency response plans for environmental incidents and regularly conducts third-party monitoring of environmental impacts[198].

Financial Performance - The company's revenue for Q3 2021 reached ¥1,117,544,668.12, representing a year-on-year increase of 13.07%[3] - Net profit attributable to shareholders was ¥29,031,207.85, a decrease of 4.93% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥24,953,507.77, down 4.19% year-on-year[3] - Total revenue for the third quarter reached ¥3,267,278,991.66, an increase of 26.0% compared to ¥2,593,490,133.96 in the same period last year[27] - Operating profit for the quarter was ¥72,465,775.85, up from ¥68,074,434.91, reflecting a growth of 5.6% year-over-year[28] - Net profit for the third quarter was ¥60,234,338.41, compared to ¥55,143,721.56 in the previous year, marking an increase of 9.5%[28] - The net profit attributable to the parent company for Q3 2021 was ¥62,952,714.64, an increase from ¥59,049,829.72 in the same period last year, representing a growth of approximately 4.8%[29] - The total comprehensive income attributable to the parent company for Q3 2021 was ¥62,974,660.72, compared to ¥58,416,969.93 in Q3 2020, indicating an increase of about 7.5%[29] - The total comprehensive income for the period was ¥60,257,926.88, compared to ¥53,959,736.30 in the same period last year, reflecting an increase of about 11.5%[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,732,039,028.18, reflecting a 6.77% increase from the end of the previous year[3] - Total assets as of September 30, 2021, amounted to ¥2,732,039,028.18, up from ¥2,558,721,867.90 at the end of 2020, representing a growth of 6.8%[25] - Total liabilities decreased to ¥1,427,301,696.88 from ¥1,498,724,619.23, a reduction of 4.8%[25] - Current assets increased to ¥2,146,004,194.09, compared to ¥1,975,831,554.33 at the end of 2020, reflecting an increase of 8.6%[23] - The company reported a decrease in accounts payable to ¥469,991,203.54 from ¥516,893,820.50, a decline of 9.0%[24] - The capital reserve increased to ¥1,058,184,457.97 from ¥940,616,800.22, showing a growth of 12.5%[25] - The company's equity attributable to shareholders increased by 23.32% to ¥1,308,755,406.31 compared to the end of the previous year[3] - The company's equity attributable to shareholders was CNY 1,061,298,589.84, unchanged from the previous period[38] - The total liabilities and equity combined were CNY 2,558,721,867.90, reflecting a decrease of CNY 9,472,564.29[38] Cash Flow - Cash flow from operating activities showed a significant negative net amount of ¥-117,264,152.36, indicating a decline of 4,097.88% year-to-date[3] - Operating cash flow for the first nine months of 2021 was -117,264,152.36, a decrease of 4097.88% compared to the same period in 2020[13] - Cash inflows from operating activities amounted to ¥3,324,548,510.96, up from ¥2,664,042,848.89 in the previous year, reflecting a growth of approximately 24.7%[32] - The net cash flow from operating activities was negative at -¥117,264,152.36, a significant decline compared to a positive cash flow of ¥2,933,155.74 in the same period last year[32] - The company reported cash outflows from investing activities totaling ¥127,072,333.81, compared to ¥56,306,046.33 in the previous year, indicating an increase of approximately 126.5%[33] - The net cash flow from financing activities surged by 744.34% to 168,692,881.98, driven by the funds raised from the targeted stock issuance[14] - The net cash flow from financing activities was positive at ¥168,692,881.98, an increase from ¥19,979,266.22 in the same period last year[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 70,731[16] - Major shareholder Wan Weifang holds 21.63% of shares, with 225,135,936 shares pledged[16] - The company signed a share repurchase agreement for 51% equity in Shanghai Ruiyi at a price of 11,326,750.70, with all funds received by October 11, 2021[21] - The company plans to continue monitoring the performance of Shanghai Ruiyi and may take further actions based on its operational results[21] Investment Activities - The company reported a 149.81% increase in investment income, totaling ¥14,965,931.04 for the first nine months of 2021[11] - The company experienced a 73.27% decrease in non-operating income, which amounted to ¥919,515.53, primarily due to reduced government subsidies received[11] - Cash received from investment recovery increased by 112.00% to 10,599,980.00, primarily due to the equity repurchase from Ruiyi Communications[13] - Cash inflow from investment activities rose by 65.46% to 16,216,891.45, mainly from the equity repurchase from Ruiyi Communications[14] - Cash outflow for investment activities increased by 125.68% to 127,072,333.81, primarily due to the purchase of structured deposits with idle raised funds[14] - The company raised 176,819,999.62 from a targeted stock issuance, marking a 100.00% increase in cash received from investment[14] Research and Development - Research and development expenses for the quarter were ¥74,620,821.40, up from ¥69,058,248.53, indicating a growth of 8.1%[28] Other Information - The company has not undergone an audit for the third quarter report[38] - The report indicates the first implementation of new leasing standards from 2021, with no retrospective adjustments applicable[38]