Financial Performance - The company's operating revenue for Q3 2022 was ¥66,146,099.34, a decrease of 25.49% compared to the same period last year[5] - The net profit attributable to shareholders was -¥1,635,688.93, representing a decline of 113.17% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,008,966.61, a decrease of 520.44% compared to the previous year[5] - The company's total revenue for the first three quarters of 2022 decreased by 33.17% year-on-year, primarily due to the sluggish recovery of the real estate market[10] - Investment income fell by 94.15% year-on-year, mainly due to high returns from the previous year's recovery of long-term equity investments[11] - The total profit decreased by 33.93% year-on-year, attributed to the decline in operating revenue due to market conditions[12] - The company reported a basic earnings per share of -¥0.0086, a decline of 114.29% compared to the same period last year[5] - The weighted average return on equity was -0.13%, down 1.06% from the previous year[5] - The net profit for Q3 2022 was CNY 18,190,836.03, a decrease of 65.4% compared to CNY 52,626,130.32 in Q3 2021[25] - The total profit for Q3 2022 was CNY 41,774,629.12, a decrease of 34.0% compared to CNY 63,227,702.68 in the same quarter last year[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,785,384,434.97, a slight decrease of 0.20% from the end of the previous year[5] - Total assets as of September 30, 2022, were ¥1,785,384,434.97, slightly down from ¥1,788,934,445.70 at the start of the year[22] - Total liabilities decreased to ¥423,915,582.57 from ¥439,102,034.59 at the beginning of the year, reflecting a reduction of 3.4%[21] - Shareholders' equity increased to ¥1,361,468,852.40 as of September 30, 2022, compared to ¥1,349,832,411.11 at the beginning of the year[21] Cash Flow - Cash inflow from operating activities decreased by 47.68% year-on-year, while cash outflow decreased by 128.30%[12] - Cash and cash equivalents increased to ¥499,736,553.20 as of September 30, 2022, compared to ¥141,447,525.24 at the beginning of the year[20] - The cash flow from operating activities showed a net inflow of CNY 466,505,555.02, compared to CNY 499,921,211.06 in the previous year, indicating a slight decrease of 6.5%[26] - The cash flow from investment activities resulted in a net outflow of CNY 38,894,864.55, an improvement from a net outflow of CNY 288,902,135.37 in the previous year[27] - The cash and cash equivalents at the end of the period increased to CNY 496,778,128.01, up from CNY 269,190,537.97 at the end of Q3 2021, representing an increase of 84.5%[27] - The company experienced a net cash outflow from financing activities of CNY 69,328,382.76, slightly higher than the outflow of CNY 68,986,098.21 in the previous year[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,515[14] - The largest shareholder, Hu Guanghui, holds 15.05% of the shares, totaling 28,727,950 shares[14] - The company reported a total of 25,672,108 restricted shares at the beginning of the period, with 3,617,518 shares released from restrictions during the period[17] - The company has a total of 21,545,962 restricted shares held by Hu Guanghui, which remain unchanged[16] Market Conditions and Future Outlook - The company experienced a significant decline in total operating revenue compared to the same period last year due to market conditions[18] - The company expects a substantial increase in income tax expenses compared to the same period last year due to the reversal of deferred tax assets[18] - The company has intensified the disposal of legacy projects related to underwriting business, including debt transfer of the CL project[18] - The company has extended the underwriting period and adjusted the scope of the YS project[18] - The market recovery in the company's service areas remains below expectations, with a notable drop in transaction volumes compared to last year[18] - The company plans to focus on market expansion and new product development to enhance future growth prospects[22] - The company did not report any new product launches or significant market expansion strategies during the quarter[28]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥122,296,291.37, a decrease of 36.70% compared to ¥193,202,451.94 in the same period last year[19]. - The net profit attributable to shareholders was ¥16,411,735.96, down 57.61% from ¥38,712,462.96 year-on-year[19]. - The basic earnings per share decreased by 57.43% to ¥0.0857 from ¥0.2013 in the same period last year[19]. - The net profit after deducting non-recurring gains and losses was ¥17,181,058.40, an increase of 95.20% compared to ¥8,801,847.41 in the previous year[19]. - The total profit for the first half of 2022 was CNY 19,199,107.44, a decline of 60.2% from CNY 48,113,438.35 in the previous year[138]. - The total comprehensive income for the first half of 2022 was CNY 17,063,750.16, down 57.6% from CNY 40,262,184.93 in the same period of 2021[136]. - The company reported a net profit margin decline due to reduced revenues and increased costs, impacting overall profitability[134]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 675.89% to ¥96,909,398.94, compared to ¥12,490,163.08 in the previous year[19]. - The net cash flow from financing activities decreased by 22.38% to -57,578,508.18 CNY compared to the same period last year[39]. - The net increase in cash and cash equivalents dropped by 66.40% to 36,077,064.71 CNY, primarily due to significant recovery from investment in financial products in the previous year[39]. - Cash and cash equivalents at the end of the reporting period amounted to 177,529,068.43 CNY, representing 10.19% of total assets, an increase from 7.91% at the end of the previous year[43]. - The total cash inflow from investment activities decreased to ¥1,871,578,029.46 in the first half of 2022, down from ¥2,358,381,447.12 in the first half of 2021, indicating a reduction in investment returns[143]. - The total cash and cash equivalents at the end of the first half of 2022 were ¥174,572,885.01, down from ¥234,931,322.68 at the end of the first half of 2021, indicating a decline in liquidity[143]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,741,392,879.22, a decrease of 2.66% from ¥1,788,934,445.70 at the end of the previous year[19]. - The company's total assets as of June 30, 2022, amounted to CNY 1,614,983,507.43, a decrease from CNY 1,673,786,454.74 at the beginning of the year[133]. - Total liabilities decreased to CNY 378,406,224.34 as of June 30, 2022, from CNY 484,328,803.79 at the start of the year, reflecting a reduction of 21.9%[133]. - The company's current assets totaled CNY 1,371,433,726.61, down from CNY 1,425,261,477.71 at the start of the year, indicating a decline of approximately 3.7%[127]. Business Strategy and Market Conditions - The company aims to become a leading operator of real estate industry chain traffic by focusing on internet traffic services and user operations[27]. - The company has shifted its business strategy to reduce reliance on transaction services and enhance its core capabilities in internet traffic[27]. - The real estate market saw a 28.9% year-on-year decrease in sales revenue, marking the largest decline since 2007[30]. - Increased competition in the real estate service industry is expected as the market remains in a weak recovery state, potentially leading to a decrease in marketing investments by developers[57]. - The ongoing COVID-19 pandemic poses a risk of performance volatility, with recent outbreaks in some cities affecting business operations and market dynamics[58]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[4]. - A total of 731,518 restricted shares will be repurchased and canceled due to unmet performance targets in the stock incentive plan[67]. - The total number of ordinary shareholders at the end of the reporting period was 27,883[112]. - The major shareholder Hu Guanghui holds 15.00% of the total shares, amounting to 28,727,950 shares[112]. - The total equity attributable to shareholders increased from 1.163 billion yuan in the first half of 2021 to 1.236 billion yuan in the first half of 2022, marking a growth of about 6.3%[156]. Compliance and Governance - The company emphasizes compliance and has not faced any significant legal violations during the reporting period[72]. - The company reported no violations regarding external guarantees during the reporting period[80]. - There were no significant litigation or arbitration matters during the reporting period[83]. - The company did not engage in any major related party transactions during the reporting period[84]. Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams[134]. - The company plans to continue expanding its market presence and invest in new product development to drive future growth[152]. - The company aims to improve its operational efficiency and profitability through strategic mergers and acquisitions in the upcoming quarters[157].

Financial Performance - The company's operating revenue for Q1 2022 was ¥62,465,952.53, a decrease of 31.61% compared to ¥91,331,716.16 in the same period last year[3] - Net profit attributable to shareholders was ¥5,287,211.84, down 83.63% from ¥32,300,542.01 year-on-year[3] - The basic earnings per share decreased by 82.35% to ¥0.03 from ¥0.17 in the same period last year[3] - The company reported a significant decline in investment income, down 102.90% year-on-year, primarily due to the absence of gains from the transfer of equity in Beike last year[7] - The company experienced a 31.61% decline in total revenue, mainly due to a sluggish real estate market and reduced transactional services[7] - Operating profit for Q1 2022 was CNY 8,432,256.15, down 77.2% from CNY 37,025,242.93 in the same period last year[22] - Total revenue from sales and services received in Q1 2022 was CNY 63,519,523.27, compared to CNY 90,603,113.92 in Q1 2021, reflecting a decline of 30%[25] - The total comprehensive income for Q1 2022 was CNY 5,451,421.41, significantly lower than CNY 32,806,454.91 in Q1 2021[23] Cash Flow and Liquidity - The net cash flow from operating activities increased by 59.22% to ¥106,205,510.73, compared to ¥66,705,075.75 in the previous year[3] - Cash and cash equivalents increased to CNY 271,134,166.79 from CNY 141,447,525.24, representing a growth of 91.8%[17] - The net cash flow from operating activities for Q1 2022 was CNY 106,205,510.73, an increase of 59.4% from CNY 66,705,075.75 in Q1 2021[26] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 268,180,248.04, up from CNY 180,925,940.89 at the end of Q1 2021, representing a growth of 48.1%[27] - Investment activities resulted in a net cash outflow of CNY 4,805,644.33 in Q1 2022, compared to a net inflow of CNY 70,955,423.86 in Q1 2021[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,806,112,370.26, a slight increase of 0.96% from ¥1,788,934,445.70 at the end of the previous year[3] - The total assets of the company stand at CNY 1,806,112,370.26, compared to CNY 1,788,934,445.70 at the start of the period, reflecting a slight increase of 0.9%[19] - The total liabilities increased to CNY 449,864,214.11 from CNY 439,102,034.59, marking a rise of 2.0%[19] - The company's total equity reached CNY 1,356,248,156.15, up from CNY 1,349,832,411.11, indicating a growth of 0.5%[19] - The company has a short-term loan balance of CNY 280,675,137.84, which increased from CNY 249,908,939.92, representing a rise of 12.3%[18] Expenses and Cost Management - Sales expenses decreased by 64.33% compared to the previous year, attributed to lower business expenses and enhanced cost control measures[7] - The total operating costs for the current period amount to CNY 47,937,079.46, down 43.3% from CNY 84,579,656.57 in the previous period[21] - The company’s financial expenses decreased to CNY 2,753,090.97 in Q1 2022 from CNY 4,637,607.62 in Q1 2021, a reduction of 40.5%[22] - The company’s tax expenses for Q1 2022 were CNY 2,458,661.98, down from CNY 4,119,853.03 in Q1 2021, indicating a decrease of 40.3%[22] Investment and Equity - The company reported a decrease in prepaid expenses to CNY 224,871.17 from CNY 12,517.80, a significant drop of 98.2%[17] - The company’s long-term equity investments decreased to CNY 4,264,946.18 from CNY 6,083,360.26, a decline of 29.9%[18] - The weighted average return on equity was 0.50%, down from 2.48% in the same period last year, reflecting a decline of 1.98%[3]

Financial Performance - The company's operating revenue for 2021 was ¥273,412,807.33, a decrease of 21.35% compared to ¥347,620,177.31 in 2020[19] - The net profit attributable to shareholders for 2021 was ¥27,025,102.06, down 47.81% from ¥51,785,476.16 in 2020[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥38,695,057.23, a decline of 222.40% compared to ¥31,612,920.00 in 2020[19] - Basic earnings per share for 2021 were ¥0.14, down 48.15% from ¥0.27 in 2020[19] - The total operating revenue for the reporting period was 36,250.88 million yuan, a decrease of 18.46% year-on-year[48] - Net profit attributable to shareholders was 2,702.51 million yuan, down 47.81% compared to the previous year[48] Cash Flow and Assets - The net cash flow from operating activities improved to ¥16,055,995.19, a 124.69% increase from -¥65,030,345.81 in 2020[19] - The company's total assets at the end of 2021 were ¥1,788,934,445.70, a decrease of 5.34% from ¥1,889,790,056.12 at the end of 2020[19] - The net cash flow from investment activities surged by 252.22% year-on-year, amounting to ¥127,849,435.05, primarily due to the recovery of investment funds from former joint ventures[67] - The net increase in cash and cash equivalents was ¥10,930,547.81, a significant improvement from a decrease of ¥211,212,398.29 in the previous year, reflecting better cash management[66] - The proportion of cash and cash equivalents to total assets increased from 7.03% to 7.91%, indicating improved liquidity management[71] Market and Industry Trends - The real estate market experienced a significant downturn in 2021, with new housing sales volume dropping by 8.5% year-on-year in July[32] - By the end of 2021, only 17.9% of residents planned to purchase a home in the next three months, the lowest since Q3 2016[34] - The tightening of financing for real estate companies led to increased credit risk and market caution, impacting overall demand[33] - The real estate market is expected to gradually recover in 2022, although uncertainties remain due to credit risks and market confidence issues[82] Business Strategy and Development - The company aims to become a leading operator of real estate industry chain traffic in China, focusing on internet traffic services[45] - The company has initiated a content video strategy, forming a dedicated short video team and registering a real estate MCN on Douyin[46] - The company is exploring new financial service scenarios beyond real estate transactions to expand its internet micro-loan business[47] - The company is focusing on developing new products such as the 淘房小程序 and 经纪人成长体系 to enhance user engagement and operational efficiency[62] Risk Management - The company highlighted risks including fluctuations in the real estate market and intensified market competition[4] - The company has identified several risks, including market volatility, intensified competition, and potential impacts from COVID-19, and is implementing strategies to mitigate these risks[88][89] Corporate Governance - The company has established a performance evaluation and incentive mechanism for senior management, linking their compensation directly to performance[99] - The audit committee actively oversees internal and external audits, ensuring the authenticity and completeness of financial information[100] - The company maintains independence from its major shareholders, with no interference in decision-making or operations[104] - The company has a comprehensive information disclosure system, ensuring timely and accurate communication with investors[101] Employee Management - The company’s workforce includes 21 employees with a master's degree or higher, 503 with a bachelor's degree, and 240 with an associate degree[132] - The company established a differentiated compensation and performance evaluation system to align employee performance with strategic goals[133] - The company conducted training programs through its 365 Academy to enhance employee capabilities and support business transformation[134] Shareholder Information - The total number of common shareholders at the end of the reporting period was 27,686, a decrease from 30,710 at the end of the previous month[200] - The largest shareholder, Hu Guanghui, holds 15.00% of the shares, totaling 28,727,950 shares, with a decrease of 7,181,988 shares during the reporting period[200] - The company repurchased and canceled 731,518 restricted shares due to unmet performance targets in the 2020 stock incentive plan, reducing total shares from 192,287,750 to 191,556,232[195] Compliance and Legal Matters - The company emphasizes compliance and has not experienced any major legal violations in 2021[152] - The company did not face any penalties or rectification situations during the reporting period[172] - The company has not engaged in any significant guarantees during the reporting period[183]

江苏三六五网络股份有限公司 2021 年第三季度报告 证券代码：300295 证券简称：三六五网 公告编号：2021-043 江苏三六五网络股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (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 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 88,771,302.54 | -23.75% | 281,973,754.48 | -14. ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥193,202,451.94, a decrease of 8.95% compared to ¥212,205,119.12 in the same period last year[20]. - The net profit attributable to shareholders of the listed company increased by 165.89% to ¥38,712,462.96, up from ¥14,559,436.46 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥8,801,847.41, representing a 54.02% increase from ¥5,714,761.83 in the same period last year[20]. - The basic earnings per share rose by 150.00% to ¥0.20, compared to ¥0.08 in the previous year[20]. - The company's operating income for the real estate online marketing service was CNY 141,851,967.76, a decrease of 11.91% compared to the previous year, with a gross margin of 95.05%[43]. - The net profit for the first half of 2021 was CNY 40.26 million, representing a significant increase of 107.06% compared to CNY 19.41 million in the first half of 2020[142]. - The financial report indicates a positive outlook for the second half of 2021, with expectations of continued growth in net profit and revenue[140]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,883,235,314.22, a slight decrease of 0.35% from ¥1,889,790,056.12 at the end of the previous year[20]. - The company's total liabilities decreased to ¥512,737,361.57 from ¥558,040,352.40, indicating a reduction of approximately 8.1%[134]. - The total equity increased to ¥1,370,497,952.65 from ¥1,331,749,703.72, reflecting a growth of about 2.9%[135]. - The company's total equity at the end of the reporting period was 1,191,902,000 RMB, up from 1,165,747,800 RMB at the end of the previous period, indicating a growth of approximately 2.24%[164]. Cash Flow - The net cash flow from operating activities was ¥12,490,163.08, a significant decrease of 89.61% from ¥120,228,498.82 in the same period last year[20]. - Cash flow from operating activities generated a net amount of CNY 12,490,163.08, significantly down from CNY 120,228,498.82 in the previous year[150]. - The net cash flow from investment activities was 130,088,677.10 RMB, compared to -27,937,894.84 RMB in the same period last year[154]. - The company raised 179,000,000.00 RMB from borrowings, an increase from 84,040,000.00 RMB in the previous period[154]. Business Operations - The core business "365淘房" remains the largest revenue contributor, focusing on providing comprehensive online services for real estate transactions[28]. - The company has initiated a digital marketing product for real estate, currently in the pilot phase, aimed at enhancing customer acquisition through data analysis[29]. - The "365金服" business segment provides financial services related to real estate transactions, primarily generating income from interest[30]. - The company is adapting to market changes by exploring new service scenarios beyond real estate transactions, expanding its financial service offerings[37]. Risks and Challenges - The management has highlighted potential risks and countermeasures in the operational environment, which investors should be aware of[5]. - The real estate market's volatility, influenced by over 200 regulatory policies in the first half of 2021, poses a significant risk to the company's operations[64]. - The competitive landscape in the real estate service industry is intensifying due to regulatory changes and market pressures, leading to increased competition[34]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company did not distribute cash dividends or issue new shares during the reporting period[73]. - The total number of ordinary shareholders at the end of the reporting period is 24,456[118]. - The largest shareholder, Hu Guanghui, holds 14.94% of the shares, totaling 21,545,962 shares[119]. Compliance and Governance - The company maintained compliance with relevant laws and regulations, ensuring fair and transparent communication with all investors[80]. - There were no major legal disputes or arbitration matters during the reporting period, indicating a stable operational environment[90]. - The company has not engaged in any significant related party transactions or non-operating fund occupation during the reporting period[85][91]. Research and Development - Research and development expenses rose by 10.68% to CNY 17,627,973.14, indicating a continued focus on innovation[41]. - The company has established a dedicated short video team to enhance its platform capabilities and has registered as a Multi-Channel Network (MCN) on Douyin[36].

Financial Performance - The company's operating revenue for 2020 was ¥347,620,177.31, a decrease of 26.42% compared to ¥472,426,368.15 in 2019[16] - The net profit attributable to shareholders for 2020 was ¥51,785,476.16, down 48.97% from ¥101,475,697.07 in 2019[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥31,612,920.00, a decline of 53.93% from ¥68,616,484.08 in 2019[16] - The net cash flow from operating activities was -¥65,030,345.81, an increase of 741.25% compared to -¥7,730,212.00 in 2019[16] - The total assets at the end of 2020 were ¥1,889,790,056.12, a decrease of 23.37% from ¥2,466,243,029.99 at the end of 2019[16] - The net assets attributable to shareholders at the end of 2020 were ¥1,285,014,126.52, an increase of 3.07% from ¥1,246,728,169.30 at the end of 2019[16] - The basic earnings per share for 2020 were ¥0.27, down 49.06% from ¥0.53 in 2019[16] - The diluted earnings per share for 2020 were also ¥0.27, reflecting the same decline of 49.06% from ¥0.53 in 2019[16] - The weighted average return on net assets was 4.07%, a decrease of 4.25% from 8.32% in 2019[16] - The company reported a total of ¥20.17 million in non-recurring gains for 2020, down from ¥32.86 million in 2019[24] - In 2020, the company achieved total operating revenue of CNY 444.57 million, a year-on-year decrease of 18.29%[43] - The net profit attributable to shareholders was CNY 51.79 million, down 48.97% year-on-year[43] Cash Flow and Assets - The net cash flow from operating activities was -¥65,030,345.81, a significant increase in loss of 741.25% compared to the previous year[59] - The company’s cash and cash equivalents decreased by ¥211,212,398.29, marking a 269.13% decline year-on-year[59] - The company’s monetary funds decreased from 19.04% to 7.03% of total assets due to risk control measures taken in the second half of the year[61] - Accounts receivable decreased from 2.43% to 1.61% of total assets, attributed to a decline in operating revenue due to the pandemic[61] - The company reported a decrease in total assets by 23.37% compared to the beginning of the period[62] Investments and Subsidiaries - The company reported a 78.71% decrease in long-term equity investments due to the transfer of a 20% stake in a joint venture[31] - Investment properties increased by 38.42% compared to the previous year, attributed to the conversion of prepaid housing funds[31] - The company added 4 subsidiaries during the reporting period, with no subsidiaries removed[51] - The company established a new subsidiary, 南京握客盈杰软件技术有限公司, to advance digital marketing products in real estate[29] Business Strategy and Market Focus - The company launched the "365养老" platform to provide services for the elderly, responding to demographic changes[28] - The "365淘房" business remains the core focus, enhancing its marketing services and expanding into the Chengdu market[28] - The company will continue to focus on "user first" in its "365 Tao House" business, optimizing user operation systems to steadily improve platform effectiveness[79] - The company emphasizes a strategic shift towards promoting healthy housing consumption in line with the new normal in the real estate market[75] - The company recognizes the risk of intensified competition in the real estate service industry and plans to enhance its core competitiveness[82] Shareholder and Governance Structure - The largest shareholder, Hu Guanghui, holds 14.94% of the shares, totaling 28,727,950 shares[150] - The second largest shareholder, Tibet Xuan Yu Enterprise Management Co., Ltd., holds 4.33% of the shares, totaling 8,320,883 shares[150] - The company has no controlling shareholder or actual controller, as the largest shareholder does not meet the required controlling percentage[152] - The company has a diverse board with members holding various academic and professional backgrounds, including independent directors with significant experience in academia and industry[164][167] - The company has maintained a stable management structure with key personnel changes being strategic and aimed at enhancing operational efficiency[165][169] Employee and Management Information - The company employed a total of 1,080 staff, with 439 in sales, 153 in technical roles, and 319 in platform operations[177] - The educational background of employees includes 24 with master's degrees or above, 649 with bachelor's degrees, and 355 with associate degrees[178] - The company has established a differentiated remuneration performance assessment system linked to individual performance and corporate strategic goals[179] - Total remuneration for directors, supervisors, and senior management amounted to CNY 691.94 million during the reporting period[174] Financial Management and Risk Control - The company’s financial management strategy includes low-risk investments, with a focus on liquidity and capital preservation[124] - The company has a diversified portfolio in its entrusted financial management, including bank, broker, and trust products[124] - The company’s financial management activities are aimed at optimizing the use of temporarily idle funds[124] - The company has no overdue amounts in its entrusted financial management activities[124] Compliance and Regulatory Matters - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors[190] - There were no significant discrepancies between the company's governance practices and the regulatory requirements set by the China Securities Regulatory Commission[192] - The supervisory board found no risks during its oversight activities in the reporting period[200]

Financial Performance - The company's revenue for Q1 2021 was ¥91,331,716.16, representing a 30.95% increase compared to ¥69,743,524.17 in the same period last year[7] - Net profit attributable to shareholders was ¥32,300,542.01, a significant turnaround from a loss of ¥15,750,261.04, marking a 305.08% increase[7] - Basic earnings per share improved to ¥0.17 from a loss of ¥0.08, reflecting a 312.50% increase[7] - The company reported a profit margin of approximately 35.9% in Q1 2021, compared to a negative margin in Q1 2020[41] - The net profit for Q1 2021 reached ¥32,806,454.91, a significant recovery from a net loss of ¥13,918,725.38 in the same period last year[41] Cash Flow - The net cash flow from operating activities reached ¥66,705,075.75, up 275.76% from a negative cash flow of ¥37,952,297.41 in the previous year[7] - The company achieved a cash inflow from operating activities of ¥90,603,113.92, up from ¥80,869,216.57 in the previous year[48] - The net cash flow from operating activities for the first quarter was ¥66,705,075.75, a significant improvement compared to a net outflow of ¥37,952,297.41 in the same period last year[49] - The total cash inflow from investment activities reached ¥994,261,336.97, while cash outflow was ¥923,305,913.11, resulting in a net cash inflow of ¥70,955,423.86[49] - The company reported a cash inflow of ¥49,392,000.00 from financing activities, but the net cash flow was negative at -¥84,299,831.21 due to high debt repayments[50] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,829,603,263.57, a decrease of 3.18% from ¥1,889,790,056.12 at the end of the previous year[7] - Current liabilities totaled CNY 443,315,693.14, down from CNY 534,512,691.50, indicating a reduction of about 17%[32] - Total liabilities decreased to CNY 464,655,104.94 from CNY 558,040,352.40, reflecting a reduction of about 16.7%[32] - Owner's equity increased to CNY 1,364,948,158.63 from CNY 1,331,749,703.72, showing a growth of approximately 2.5%[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,970[11] - The top shareholder, Hu Guanghui, holds 14.94% of the shares, totaling 28,727,950 shares[11] Investment and Expenses - Investment income significantly increased, attributed to the receipt of the remaining payment for the equity transfer of Beikang, reversing previous years' losses[16] - Research and development expenses increased to ¥9,361,904.45, representing a rise of 22% from ¥7,681,038.88 in Q1 2020[40] - Financial expenses decreased significantly to ¥4,637,607.62 from ¥10,726,655.00, indicating improved cost management[40] Market and Competition - The company faces increased competition risks in the real estate service industry, necessitating a focus on enhancing core competitiveness[19] - The company plans to closely monitor market changes and adjust strategies in response to potential fluctuations in the real estate market[19]

Financial Performance - The company's operating revenue for 2020 was ¥347,620,177.31, a decrease of 26.42% compared to ¥472,426,368.15 in 2019[17] - The net profit attributable to shareholders for 2020 was ¥51,785,476.16, down 48.97% from ¥101,475,697.07 in 2019[17] - The net profit after deducting non-recurring gains and losses was ¥31,612,920.00, a decline of 53.93% from ¥68,616,484.08 in 2019[17] - The net cash flow from operating activities was -¥65,030,345.81, an increase of 741.25% compared to -¥7,730,212.00 in 2019[17] - The total assets at the end of 2020 were ¥1,889,790,056.12, a decrease of 23.37% from ¥2,466,243,029.99 at the end of 2019[17] - The net assets attributable to shareholders increased by 3.07% to ¥1,285,014,126.52 at the end of 2020, compared to ¥1,246,728,169.30 at the end of 2019[17] - The basic earnings per share for 2020 were ¥0.27, down 49.06% from ¥0.53 in 2019[17] - The diluted earnings per share were also ¥0.27, reflecting the same percentage decrease as the basic earnings per share[17] - The weighted average return on net assets was 4.07%, down from 8.32% in 2019, a decrease of 4.25%[17] - The company did not propose any cash or stock dividends for 2020, considering future development needs after a share buyback totaling ¥15,003,386.69[5] Revenue Breakdown - The company's operating revenue for 2020 was approximately ¥69.74 million, a decrease from ¥142.46 million in 2019[20] - The net profit attributable to shareholders was a loss of ¥15.75 million in 2020, compared to a profit of ¥30.31 million in 2019[20] - The net cash flow from operating activities was negative at ¥37.95 million in 2020, significantly lower than ¥158.18 million in 2019[20] - The company's real estate online marketing service revenue was CNY 334.06 million, accounting for 75.57% of total revenue, a decrease of 27.12% compared to 2019[45] - The internet finance and platform services revenue increased by 35.28% year-on-year to CNY 96.95 million, representing 21.93% of total revenue[46] Investment and Assets - The company reported a 78.71% decrease in long-term equity investments due to the transfer of a 20% stake in a joint venture[32] - Investment properties increased by 38.42% year-over-year, attributed to the conversion of prepaid housing funds[32] - The total assets decreased by 23.37% compared to the beginning of the period, indicating a significant reduction in the company's overall asset scale[68] - The company transferred 20% equity of its associate company, Beike, to Ziroom (HK) Limited, which is currently in the implementation process[63] - The company reported a decrease in investment properties to ¥131,989,400.0, reflecting a shift in asset allocation[66] Market and Business Development - The company launched the "365养老" platform to provide services for the elderly, responding to demographic changes[29] - The "365淘房" business remains the core, focusing on comprehensive online services for real estate transactions[29] - The company established a branch in Chengdu to expand its market presence[29] - The financial service segment, "365金服," is based on real estate transaction scenarios and has built a risk management-focused lending system[30] - The company anticipates continued growth in the real estate market, driven by urbanization and demand for housing, despite uncertainties in the global economy[76] Shareholder and Stock Information - The company repurchased 1,211,000 shares at a cost of 15,003,386.69 yuan, which is considered equivalent to cash dividends[89] - The company has not distributed cash dividends for 2020, aligning with its growth stage and significant capital expenditure plans[89] - The company reported a cash dividend of 0.00 for the year 2020, with a total cash dividend amount of 15,003,386.69, representing 28.97% of the net profit attributable to ordinary shareholders[95] - The company has not issued any preferred shares during the reporting period[158] - The company has maintained a governance structure where the largest shareholder only holds one seat on the board of directors[155] Management and Governance - The company emphasizes the importance of maintaining accurate financial reporting and transparency in its operations[164] - The governance structure includes a general meeting of shareholders, a board of directors, a supervisory board, and a management team, all operating in compliance with relevant laws and regulations[184] - The independent directors and supervisors have no related party transactions with the company[175] - The audit committee actively supervises internal and external audits, ensuring the authenticity and completeness of financial information[190] - The company maintains independence from its major shareholders in business, personnel, assets, and finance, with no interference in decision-making[194] Employee and Talent Management - The company employed a total of 1,080 staff, with 439 in sales, 153 in technical roles, and 319 in platform operations[178] - The company has a dedicated training institution, 365 Academy, focusing on talent development and business performance improvement[181] - The company established a differentiated remuneration performance assessment system to align individual performance with strategic goals[180] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 6.9194 million[175] - The company has not engaged in labor outsourcing during the reporting period[182]

Financial Performance - Operating revenue for the current period was CNY 116,420,208.61, down 13.33% year-on-year[7] - Net profit attributable to shareholders decreased by 23.74% to CNY 21,805,369.06 for the current period[7] - Basic earnings per share fell by 26.67% to CNY 0.11[7] - Operating profit decreased by 42.97% year-on-year, and net profit decreased by 48.07% year-on-year, mainly due to a decline in operating income affected by the pandemic[18] - Total operating revenue for Q3 2020 was CNY 116,420,208.61, a decrease of 13.3% from CNY 134,331,646.03 in the same period last year[38] - Net profit for Q3 2020 was CNY 22,983,745.36, a decline of 24.5% compared to CNY 30,490,153.46 in Q3 2019[40] - The total comprehensive income for Q3 2020 was CNY 22,983,745.36, compared to CNY 30,490,153.46 in the same quarter last year[41] - Net profit for the current period was ¥42,397,597.39, a decline of 48.0% compared to ¥81,644,312.83 in the previous period[48] - The total profit for the current period was ¥54,631,383.46, a decrease of 47.3% from ¥103,275,720.93 in the previous period[48] Assets and Liabilities - Total assets decreased by 16.41% to CNY 2,061,618,279.76 compared to the end of the previous year[7] - Current assets totaled CNY 1,758,475,309.66, down from CNY 2,122,757,164.75, indicating a decrease of about 17.2%[29] - Total liabilities decreased to CNY 681,861,936.62 from CNY 1,125,431,649.30, a reduction of about 39.3%[31] - The company's equity increased to CNY 1,379,756,343.14 from CNY 1,340,811,380.69, showing an increase of approximately 2.9%[32] - Total liabilities reached CNY 1,125,431,649.30, with current liabilities at CNY 1,093,781,103.62 and non-current liabilities at CNY 31,650,545.68[63][64] - The total liabilities to equity ratio is approximately 0.84, indicating a balanced leverage position[64] Cash Flow - Cash flow from operating activities decreased by 4.93% to CNY 190,797,721.24[7] - Cash inflow from investment activities totaled CNY 3,486,369,738.33, significantly higher than CNY 2,770,752,106.52 in the prior period, marking an increase of about 25.8%[55] - The net cash flow from investment activities was CNY 43,559,935.94, a recovery from a negative cash flow of CNY 241,783,310.46 in the previous period[55] - The net cash flow from financing activities was negative at CNY -163,956,590.59, compared to a positive cash flow of CNY 138,909,497.76 in the prior period, indicating a shift in financing strategy[55] - The net cash flow from operating activities for the period was CNY 311,026,220.06, an increase from CNY 300,480,752.42 in the previous period, reflecting a growth of approximately 0.18%[53] Shareholder Information - The company reported a total of 25,660 common shareholders at the end of the reporting period[11] - The largest shareholder, Hu Guanghui, holds 14.91% of the shares, totaling 28,727,950 shares[11] Expenses - Financial expenses increased by 45.77% year-on-year, primarily due to high discount interest on bills recorded as financial expenses in this reporting period[18] - Research and development expenses rose to CNY 9,339,700.08, an increase of 33.4% from CNY 6,992,224.35 in the previous year[39] - Financial expenses rose to ¥23,238,975.23, compared to ¥15,941,890.22 in the previous period[48] Other Financial Metrics - The weighted average return on equity was 1.72%, down 0.59% from the previous year[7] - The company received government subsidies amounting to CNY 7,198,895.04 during the reporting period[8] - Investment income increased by 91.33% year-on-year, mainly due to high gains from the transfer of long-term equity investments[18] - The company reported an investment income of CNY 4,448,380.30, slightly down from CNY 4,787,164.80 year-over-year[39] - The company experienced a credit impairment loss of CNY -5,320,418.32, contrasting with a gain of CNY 2,444,590.42 in the previous year[39] - The company experienced a credit impairment loss of ¥22,240,103.21, compared to a loss of ¥1,066,977.18 in the previous period[48] Stock and Equity Management - The company has completed the repurchase and cancellation of restricted stock under the stock option and restricted stock incentive plan implemented in 2017[19] - The company’s stock repurchase plan has not been implemented due to the stock price exceeding the repurchase price limit[21] - There were no violations of external guarantees during the reporting period[23] - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[24]