Financial Performance - The company's operating revenue for the first half of 2020 was ¥212,205,119.12, a decrease of 11.39% compared to ¥239,489,908.22 in the same period last year[16]. - The net profit attributable to shareholders was ¥14,559,436.46, down 69.35% from ¥47,499,485.42 year-on-year[16]. - The net profit after deducting non-recurring gains and losses was ¥5,714,761.83, representing an 85.19% decline from ¥38,576,781.73 in the previous year[16]. - The company achieved total revenue of CNY 212.21 million, representing a year-on-year decline of 11.39% due to the impact of the COVID-19 pandemic[29]. - The company's operating profit decreased by 56.38% year-on-year, primarily due to a decline in total revenue while expenses remained relatively fixed[32]. - The net profit attributable to shareholders decreased by 69.35% compared to the previous year, largely due to the decline in operating profit caused by the pandemic[32]. - Basic earnings per share decreased by 68.00% to ¥0.08, down from ¥0.25 in the previous year[16]. - The company reported a total of 45,000 million yuan in entrusted financial management, with no expected impairment or inability to recover principal[48]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 20.49% to ¥120,228,498.82, compared to ¥99,782,030.83 in the same period last year[16]. - The company’s cash and cash equivalents net increase was CNY 5.87 million, a significant decrease of 96.69% year-on-year, due to substantial changes in financing activities[34]. - Cash and cash equivalents at the end of the reporting period amounted to ¥459,411,372.1, representing 19.71% of total assets, a decrease of 0.60% compared to the previous year[38]. - The cash inflow from recovering investments was CNY 2,208,767,123.29, which is a significant increase from CNY 1,893,248,721.53 in the first half of 2019, showing a growth of about 16.6%[138]. - The cash flow from investment activities resulted in a net outflow of CNY 11,819,330.88, an improvement from a net outflow of CNY 96,222,699.88 in the previous year[138]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,330,299,115.10, a decrease of 5.51% from ¥2,466,243,029.99 at the end of the previous year[16]. - The company's current assets totaled CNY 1,986,498,667.24, down from CNY 2,122,757,164.75 at the end of 2019, reflecting a decline of approximately 6.4%[120]. - The total liabilities of the company were not explicitly stated but can be inferred from the balance sheet[120]. - The total liabilities decreased to CNY 970.16 million from CNY 1.13 billion, showing a reduction in financial obligations[122]. Investments and R&D - The company’s R&D investment rose by 13.63% year-on-year, amounting to CNY 15.93 million, reflecting ongoing commitment to innovation[33]. - Research and development expenses increased to CNY 15.93 million, up from CNY 14.02 million year-on-year, indicating a focus on innovation[128]. - The company is focusing on market expansion and new product development as part of its strategic initiatives for future growth[128]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company did not distribute cash dividends or issue new shares during the reporting period, indicating a focus on reinvestment[61]. - The total owner's equity at the end of the first half of 2020 was CNY 1,165,747,836.12[151]. - The total owner's equity increased by CNY 24,648,964 compared to the previous period[149]. Regulatory and Compliance - The half-year financial report was not audited, which may affect stakeholder confidence in the reported figures[65]. - The company has committed to fulfilling its obligations to minority shareholders, ensuring transparency and accountability[64]. - The company is closely monitoring regulatory changes in financial services and housing leasing to mitigate risks associated with policy adjustments[56]. Market Conditions and Future Outlook - The company faces uncertainties in the real estate market due to the pandemic, which has affected operational time and market conditions, leading to potential risks in future performance[55]. - Increased competition in the industry is anticipated, prompting the company to enhance its core competitiveness and service capabilities for both C-end and B-end clients[56]. - The company is actively exploring external expansion paths and seeking strategic investors to strengthen its future development plans[30].

江苏三六五网络股份有限公司 2020 年第一季度报告全文 江苏三六五网络股份有限公司 2020 年第一季度报告 2020-035 2020 年 04 月 1 江苏三六五网络股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人胡光辉、主管会计工作负责人齐东及会计机构负责人(会计主管 人员)程海声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏三六五网络股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 69,743,524.17 | 98,052,856.92 | -28.87% | | 归属于上市公司股东的净利润（元） | -15,750,261. ...

Financial Performance - The company's operating revenue for 2019 was ¥472,426,368.15, representing a 5.88% increase compared to ¥446,174,337.16 in 2018[14] - The net profit attributable to shareholders for 2019 was ¥101,475,697.07, up 4.27% from ¥97,318,217.52 in 2018[14] - The net profit after deducting non-recurring gains and losses decreased by 8.46% to ¥68,616,484.08 from ¥74,960,984.92 in 2018[14] - The total revenue including interest income from the microloan company was ¥544,095,777.73, reflecting a 6.81% increase from ¥509,398,939.27 in 2018[14] - The basic earnings per share for 2019 was ¥0.53, a 6.00% increase from ¥0.50 in 2018[14] - The weighted average return on equity for 2019 was 8.32%, slightly down from 8.46% in 2018[14] - The company achieved total operating revenue of CNY 544.10 million, a year-on-year increase of 6.81%[33] - Net profit attributable to shareholders reached CNY 101.48 million, growing by 4.27% compared to the previous year[33] Assets and Liabilities - The total assets at the end of 2019 reached ¥2,466,243,029.99, a 19.32% increase from ¥2,066,923,141.94 in 2018[14] - The net assets attributable to shareholders increased by 4.81% to ¥1,246,728,169.30 from ¥1,189,476,090.20 in 2018[14] - The company's cash and cash equivalents increased by 63.54% compared to the beginning of the period, primarily due to the recovery of funds from purchased financial products[28] - Total liabilities increased by 44.35% to ¥1,093,781,103, driven by higher short-term borrowings and accounts payable[62] Cash Flow - The company reported a negative net cash flow from operating activities of ¥7,730,212.00, a decrease of 217.58% compared to a positive cash flow of ¥6,574,199.88 in 2018[14] - The net cash flow from operating activities for 2019 was CNY 333,559,374.89, a significant improvement compared to the negative cash flow of CNY -233,777,344.06 in 2018[17] - Operating cash inflow increased by 27.39% to ¥787,316,603.36, while cash outflow rose by 30.02% to ¥795,046,815.36, resulting in a net cash flow deficit of ¥7,730,212.00[55] - Investment cash inflow grew by 53.89% to ¥3,539,364,641.26, while cash outflow increased by 39.27% to ¥3,423,148,274.77, leading to a net cash inflow of ¥116,216,366.49[55] - Financing cash inflow rose by 44.95% to ¥625,032,775.97, while outflow surged by 105.89% to ¥608,633,860.43, resulting in a net cash inflow of ¥16,398,915.54[55] Business Expansion and Development - The company expanded its financial services through "365金服," which added 14 new channels, reducing reliance on core channels, and introduced 7 new products during the reporting period[26] - The company launched new products such as "365快租" and "真房源365严选," enhancing user experience and market reputation in the rental service sector[27] - The company established four new subsidiaries during the reporting period, expanding its operational scope[48] - The company reduced its number of subsidiaries by 5 during the reporting period, including the cancellation of subsidiaries such as Wuhu 365 Decoration and Jiangsu Anjiaid Financial Information Service[49] Research and Development - Research and development expenses amounted to ¥30,115,559.05, representing 6.37% of operating revenue, a decrease from 7.04% in the previous year[55] - The number of R&D personnel increased to 169, accounting for 16.60% of the total workforce[55] - The company developed new products such as "365 Cloud Trace," which uses deep learning algorithms to generate user profiles and predict demand[54] Risk Management and Compliance - The company faces risks from uncertainties in the real estate market due to the pandemic and regulatory policies, and will adjust its operational strategies accordingly[80] - Increased competition from new entrants in the industry may lead to performance fluctuations, prompting the company to enhance its core competitiveness and service capabilities[80] - The company has implemented measures to strengthen risk control and feasibility analysis for new projects to effectively manage potential risks[82] - The company emphasizes the importance of technology and product development to meet changing user demands and maintain customer engagement[82] Shareholder and Governance Structure - The largest shareholder, Hu Guanghui, holds 16.91% of the shares, totaling 32,575,950 shares[150] - The company has 28,940 shareholders at the end of the reporting period, a decrease from 29,170[150] - The company has no controlling shareholder or actual controller since September 2018, following the expiration of a joint action agreement[154] - The company maintains a stable governance structure with no changes in the actual controller or major shareholders[155] - The company’s board of directors consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements[184] Employee and Social Responsibility - The company emphasizes the protection of employee rights and has implemented various training programs to enhance employee skills and satisfaction[132] - The total number of employees in the company is 1,018, with 577 in the parent company and 441 in major subsidiaries[176] - The company has not made any changes to its compensation policy in 2019, maintaining stability in employee remuneration[177] - The company has committed to fulfilling its corporate social responsibilities while adhering to national laws and regulations[134] Financial Investments - The company has invested a total of ¥61,700,000 in entrusted financial management, including ¥27,500,000 in bank financial products and ¥17,200,000 in broker financial products[122] - The company reported a total investment of 5,000 million in low-risk floating income products with an annualized return of 3.45%[124] - The company has maintained a strategy focused on low-risk investments to ensure stable returns[124] Regulatory and Legal Matters - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[99] - There were no major lawsuits or arbitration matters during the reporting period[103] - The company did not face any penalties or rectification issues during the reporting period[104]

Financial Performance - Net profit attributable to shareholders decreased by 11.92% to CNY 28,595,015.07 for the current period[7] - Operating revenue for the current period was CNY 134,331,646.03, reflecting a 1.11% increase year-on-year[7] - Basic earnings per share decreased by 11.76% to CNY 0.15 for the current period[7] - The weighted average return on equity was 2.31%, down by 0.48% compared to the previous year[7] - The net profit after deducting non-recurring gains and losses decreased by 19.38% to CNY 21,391,638.28 for the current period[7] - The company's net profit for Q3 2019 was not explicitly stated, but the increase in total revenue and costs suggests a focus on maintaining profitability amidst rising expenses[42] - Net profit for Q3 2019 was CNY 30,490,153.46, down 13.5% from CNY 35,025,357.87 in Q3 2018[44] - The total profit for Q3 2019 was CNY 38,758,089.26, a decrease of 8.5% from CNY 42,359,733.59 in Q3 2018[44] - The total profit for Q3 2019 was CNY 103,275,720.93, a decrease of 8.8% from CNY 113,222,384.94 in Q3 2018[52] Assets and Liabilities - Total assets increased by 15.27% to CNY 2,382,533,154.47 compared to the end of the previous year[7] - Cash and cash equivalents increased by 78.34% compared to the end of last year, mainly due to the recovery of funds and preparation for future operations[19] - Non-current assets increased by 39.68% compared to the end of last year, mainly due to the addition of investment properties[19] - Short-term borrowings increased by 39.4% compared to the end of last year, reflecting anticipated operational funding needs[19] - The total liabilities increased to CNY 1,001,596,845.61 from CNY 892,245,732.89, which is an increase of approximately 12.3%[39] - The company's equity attributable to shareholders rose to CNY 1,108,053,338.68 from CNY 1,075,911,101.76, reflecting a growth of about 2.9%[40] - Total liabilities amounted to ¥892,245,732.89, with non-current liabilities at ¥975,942.06[73] - The total assets and liabilities combined were ¥1,968,156,834.65[73] Cash Flow - The net cash flow from operating activities decreased by 36.67% to CNY 300,480,752.42 year-to-date[7] - Cash inflow from financing activities increased by 113.73% compared to the same period last year, due to increased bank borrowings for operational reserves[20] - The cash flow from operating activities was CNY 369,832,776.56, compared to CNY 358,889,511.33 in the previous period[58] - The net cash flow from operating activities for Q3 2019 was CNY 300,480,752.42, a decrease of 36.5% compared to CNY 474,473,024.67 in Q3 2018[59] - The net cash flow from financing activities was CNY 138,909,497.76, up from CNY 43,471,923.74 in the same period last year, representing an increase of 219%[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,443[11] - The largest shareholder, Hu Guanghui, holds 16.88% of the shares, totaling 32,575,950 shares[11] - The company’s total restricted shares at the end of the period were 25,663,578, with 17,463,360 shares released during the period[16] - The company has committed to fulfilling its obligations to minority shareholders in a timely manner[25] Operational Highlights - The company completed the repurchase and cancellation of 370,200 shares of restricted stock as part of its equity incentive plan[21] - The company purchased the ZTE IoT R&D Building, with the property transfer completed recently due to policy factors[21] - The company is exploring new strategies for market expansion and product development, although specific figures were not disclosed in the report[72] Regulatory and Compliance - There were no violations regarding external guarantees during the reporting period, indicating a stable financial position[27] - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period, ensuring financial integrity[28] - The company has maintained its cash dividend policy without any changes, with the 2018 profit distribution plan approved and implemented on July 10, 2019[26]

Financial Performance - Total revenue for the first half of 2019 was CNY 239,489,908.22, representing a 5.32% increase compared to CNY 227,382,188.61 in the same period last year[18]. - Net profit attributable to shareholders decreased by 7.27% to CNY 47,499,485.42 from CNY 51,225,288.70 year-on-year[18]. - Basic earnings per share decreased by 7.41% to CNY 0.25 from CNY 0.27 in the same period last year[18]. - The company achieved operating revenue of RMB 239.49 million in the first half of 2019, representing a year-on-year growth of 5.32%[32]. - The net profit attributable to shareholders of the listed company was RMB 47.50 million, a decrease of 7.27% compared to the same period last year[32]. - The company reported a total profit for the first half of 2019 of CNY 64,517,631.67, compared to CNY 70,862,651.35 in the same period of 2018, indicating a decline of approximately 9.0%[137]. - The basic earnings per share for the first half of 2019 was CNY 0.25, slightly down from CNY 0.27 in the previous year[138]. - The company's total comprehensive income for the first half of 2019 was 1,183.15 million yuan, showing a decrease of 371.61 million yuan compared to the previous period[156]. Cash Flow and Liquidity - Net cash flow from operating activities dropped significantly by 57.16% to CNY 99,782,030.83, down from CNY 232,908,568.61 in the previous year[18]. - The company's cash and cash equivalents increased by 62.52% compared to the beginning of the period, primarily due to increased loans for future reserves and operating cash inflows[29]. - Operating cash flow decreased by 57.16% year-on-year, attributed to a significant increase in net customer loans and advances[42]. - The net cash inflow from financing activities increased by 422.94% compared to the same period last year, mainly due to an increase in short-term borrowings[40]. - The total cash and cash equivalents at the end of the first half of 2019 reached ¥390,998,703.78, up from ¥346,674,216.39 at the end of the first half of 2018, marking an increase of 12.8%[147]. - Cash outflow for operating activities was ¥348,819,438.51, compared to only ¥6,786,672.54 in the first half of 2018, indicating a substantial increase in operational expenses[146]. Assets and Liabilities - Total assets increased by 11.16% to CNY 2,297,636,973.28 compared to CNY 2,066,923,141.94 at the end of the previous year[18]. - Total current liabilities rose to CNY 611,672,633.00, up from CNY 408,996,880.00, indicating an increase of approximately 49.5%[127]. - The company's total liabilities at the end of the period were CNY 4,178.00 million, indicating a stable financial position[154]. - The total owner's equity at the end of the reporting period was 1,218.90 million, reflecting a slight decrease from CNY 1,309.00 million[154]. Business Operations and Strategy - The company has expanded its financial services through "365金服," which has extended its operations to cities including Nanjing, Hefei, Shanghai, Beijing, and Wuxi[28]. - The company integrated its rental service platforms "爱租哪" and "淘房租房频道," aiming to create a comprehensive rental service platform[28]. - The company has initiated 29 business projects and 12 trading projects, with 28 currently in execution as part of its organizational activation strategy[33]. - The company is focusing on market expansion and new product development strategies to enhance future growth prospects[136]. - The company anticipates potential risks in the real estate market due to macroeconomic uncertainties and regulatory changes, which may affect supply and demand[65]. Risk Management - The company emphasizes the importance of risk management in its operations and has detailed its risk response measures in the report[4]. - The company is focusing on compliance and risk control, conducting regular internal checks and maintaining effective preemptive risk measures[36]. - The company has a proactive approach to risk management, focusing on compliance and feasibility analysis for new projects[65]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company completed a share repurchase of 1,463,036 shares as part of its stock buyback plan[101]. - The total number of ordinary shareholders at the end of the reporting period was 28,453[108]. - The largest shareholder, Hu Guanghui, holds 16.88% of the shares, totaling 32,575,950 shares[109]. - The company has a total of 43,126,938 restricted shares at the end of the reporting period, with 15,607,560 shares initially restricted[106]. Research and Development - The company’s research and development expenses decreased by 11.59% compared to the previous year, amounting to 14.02 million RMB[42]. - The company has focused on upgrading its services based on market changes, particularly in the existing housing business, which is undergoing transformation and upgrades[35]. - Research and development expenses for the first half of 2019 were CNY 14,017,274.09, slightly down from CNY 15,855,459.07 in the previous year, indicating a focus on cost management[136]. Compliance and Legal Matters - The company has not experienced any major litigation or arbitration matters during the reporting period[76]. - There were no significant penalties or rectification situations during the reporting period[77]. - The half-year financial report has not been audited[73]. - The company has not engaged in any related party transactions during the reporting period[81].

Financial Performance - Total revenue for Q1 2019 was ¥98,052,856.92, a decrease of 5.97% compared to ¥104,281,251.27 in the same period last year[8] - Net profit attributable to shareholders was ¥14,260,493.33, down 25.10% from ¥19,038,160.24 year-on-year[8] - Basic earnings per share decreased by 30.00% to ¥0.07 from ¥0.10 in the same period last year[8] - Total operating revenue for Q1 2019 was CNY 98,052,856.92, a decrease of 5.9% compared to CNY 104,281,251.27 in Q1 2018[48] - The net profit for Q1 2019 was CNY 15,904,828.10, down from CNY 21,336,429.74 in the same period last year, indicating a decline of about 25.5%[51] - The total profit for Q1 2019 was CNY 22,781,018.36, compared to CNY 26,735,637.73 in the prior year, showing a decrease of approximately 14.8%[51] - The company's operating profit for Q1 2019 was CNY 22,164,708.62, slightly down from CNY 22,206,172.64 in the previous year[51] - The total comprehensive income for Q1 2019 was CNY 15,904,828.10, down from CNY 21,336,429.74 in the same period last year[51] Cash Flow and Assets - Net cash flow from operating activities increased by 117.99% to ¥333,559,374.89, compared to ¥153,014,525.12 in the previous year[8] - Cash and cash equivalents increased by 99.93% compared to the beginning of the period, mainly due to the recovery of loans by the small loan company[19] - As of March 31, 2019, the company's cash and cash equivalents amounted to ¥574,115,577.46, an increase of 100% from ¥287,156,394.29 on December 31, 2018[39] - The total current assets reached ¥1,904,643,285.85, up from ¥1,862,936,987.11 at the end of 2018, indicating a growth of approximately 2.1%[40] - The company's total assets as of March 31, 2019, were ¥2,105,238,255.51, compared to ¥2,066,923,141.94 at the end of 2018, reflecting an increase of about 1.7%[40] - The total cash and cash equivalents at the end of the period reached CNY 391,705,940.78, up from CNY 215,651,431.61 in the previous period[62] - The company reported a net increase in cash and cash equivalents of CNY 306,728,049.04, compared to CNY 58,978,853.63 in the previous period[62] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,600[12] - The largest shareholder, Hu Guanghui, held 16.88% of the shares, totaling 32,575,950 shares[12] - The company plans to repurchase shares with an amount not exceeding 20 million yuan and not less than 15 million yuan for employee stock ownership plans[28] - The company has completed the opening of a dedicated account for share buybacks as of March 14, 2019[30] - The company is fulfilling its commitments related to stock options and incentive plans as per the stipulated timelines[32] Liabilities and Financial Obligations - Total liabilities increased to CNY 801,459,499.87 from CNY 892,245,732.89, a decrease of 10.2%[46] - Non-current liabilities decreased to CNY 376,247.09 from CNY 1,074,785.16, a reduction of 65.0%[42] - The company paid CNY 137,180,120.00 in debt repayments, compared to CNY 50,000,000.00 in the previous period, indicating increased financial obligations[62] Market Outlook and Strategy - The company expects an increase in revenue and profit in Q2 2019 as the real estate market recovers, with growth anticipated in data monetization and financial services[22] - The company is closely monitoring market changes and adjusting strategies in response to uncertainties in the real estate market and increasing competition[25] - The company emphasizes continuous improvement in technology and product development to meet changing user demands and enhance customer experience[26] Other Financial Metrics - The company reported non-recurring gains and losses totaling -¥57,535.86 for the period[9] - Financial expenses decreased by 95.75% year-on-year, attributed to new foreign exchange business generating exchange gains[20] - The company reported an asset impairment loss of CNY 9,681,237.09 for Q1 2019, compared to CNY 6,195,065.43 in the previous year, indicating a significant increase in losses[52] - The investment income for Q1 2019 was CNY 5,883,806.34, a decrease from CNY 12,716,583.39 in the previous year, reflecting a decline of approximately 53.7%[52]

Financial Performance - The company's operating revenue for 2018 was approximately ¥446.17 million, representing a 9.42% increase compared to ¥407.78 million in 2017[16]. - The net profit attributable to shareholders for 2018 was approximately ¥97.32 million, a 3.41% increase from ¥94.11 million in 2017[16]. - The total revenue including interest income from the microloan company was approximately ¥509.40 million for 2018, a 7.64% increase from ¥473.24 million in 2017[16]. - The basic earnings per share for 2018 was ¥0.50, a 2.04% increase from ¥0.49 in 2017[16]. - The weighted average return on equity for 2018 was 8.46%, slightly down from 8.84% in 2017[16]. - The total operating revenue for 2018 was 446.17 million yuan, representing a 9.42% increase compared to 407.78 million yuan in 2017[48]. - Main business revenue for 2018 reached ¥507,194,683.28, a year-on-year increase of 7.21% from ¥473,068,764.19 in 2017[49]. - Revenue from real estate online marketing services accounted for 84.25% of total revenue in 2018, with a year-on-year growth of 9.87%[49]. - Internet finance and platform service revenue decreased by 4.92% year-on-year, contributing 12.64% to total revenue in 2018[49]. - Revenue from the Yangtze River Delta region increased by 15.44% year-on-year, representing 78.20% of total revenue[49]. Cash Flow and Assets - The net cash flow from operating activities improved significantly to approximately ¥6.57 million, compared to a negative cash flow of ¥444.91 million in 2017[16]. - The total assets of the company increased by 35.50% to approximately ¥2.07 billion at the end of 2018, up from ¥1.53 billion at the end of 2017[16]. - The net assets attributable to shareholders rose by 7.46% to approximately ¥1.19 billion at the end of 2018, compared to ¥1.11 billion at the end of 2017[16]. - Operating cash inflow increased by 17.44% to ¥618,049,169.12 compared to ¥526,265,973.80 in 2017[64]. - Operating cash outflow decreased significantly by 37.04% to ¥611,474,969.24 from ¥971,177,532.39 in the previous year[64]. - Investment cash inflow rose by 8.86% to ¥2,299,990,668.28, up from ¥2,112,741,711.68 in 2017[64]. - Investment cash outflow increased by 31.65% to ¥2,457,948,625.24 compared to ¥1,867,018,711.84 in the previous year[64]. - Financing cash inflow surged by 84.52% to ¥431,196,138.00, primarily due to increased short-term borrowings[65]. - Financing cash outflow skyrocketed by 526.10% to ¥295,604,349.29, mainly due to repayments of maturing loans[65]. Business Developments - The company ended its "Anjia Loan" business due to unclear P2P business registration policies, completing the platform cleanup by November 2018[28]. - The "365 Rental and Asset Management" business is being developed, focusing on providing comprehensive financial and management services in the rental market[29]. - The company aims to enhance user experience through improved data collection and application, particularly in the "365 Direct Sale" segment[28]. - The company has established a stable and capable technical R&D team, continuously optimizing existing service platforms to improve user experience[32]. - The company launched new products such as the "365 Direct Sale" channel and "VR House Viewing," enhancing user experience and increasing CRM online membership by 37% year-on-year[37]. - The company established an asset management company to explore asset management business and has conducted research on various operational projects, including apartments and commercial complexes[43]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥1.10 per 10 shares to all shareholders[4]. - The company reported a cash dividend of 1.10 CNY per 10 shares, totaling 21,229,560 CNY for the year, which represents 100% of the total profit distribution[94]. - The cash dividend for 2017 was 1.0 CNY per 10 shares, amounting to 19.30 million CNY, based on the same total share capital as of December 31, 2017[99]. - The cash dividends paid in 2018 represented 21.81% of the net profit attributable to ordinary shareholders, while 2017 and 2016 were 20.51% and 21.27%, respectively[101]. Risk Management and Compliance - The company has outlined potential risks and countermeasures in its future development outlook section[4]. - The company faces risks from market uncertainties and increased competition, and will adjust strategies accordingly to enhance core competitiveness[89]. - The company adheres to legal regulations and enhances transparency and communication with investors[146]. - The company emphasizes compliance with laws and regulations, actively paying taxes and supporting local economic development[148]. - The company has not engaged in targeted poverty alleviation work during the reporting year and has no subsequent plans[149]. Governance and Management - The company has a diverse board with members having extensive backgrounds in various industries, including finance, management, and academia[172][173]. - The current president, Qi Dong, has been with the company since April 2014 and has a background in media and management[172]. - The company’s independent directors include professionals with significant academic and industry experience, enhancing governance and oversight[173]. - The company has established a performance evaluation and incentive mechanism for directors, supervisors, and senior management, linking their remuneration to performance[191]. - The company has transitioned to having no actual controller or major shareholder due to the expiration of the joint action agreement with the original common actual controller[194]. - The company maintains independent operations in business, personnel, assets, institutions, and finance, distinct from major shareholders and their controlled enterprises[195]. Employee Relations - The company maintains a focus on employee rights protection, conducting annual health check-ups and providing holiday gifts to employees and their families[147]. - The company continues to prioritize employee health and satisfaction through various training programs and team-building activities[147]. - The company employed a total of 993 staff, with 389 in sales, 158 in technical roles, and 241 in platform operations[181]. - The company established a differentiated salary performance assessment system linked to individual performance and corporate strategic goals[182].

Financial Performance - Net profit attributable to shareholders increased by 5.34% to CNY 32,463,802.00 for the current period[7] - Operating revenue for the current period was CNY 132,854,646.34, reflecting a growth of 4.17% year-on-year[7] - Basic earnings per share rose by 6.25% to CNY 0.17 for the current period[7] - Total operating revenue for Q3 2018 was CNY 132,854,646.34, an increase of 4.3% compared to CNY 127,530,772.70 in the same period last year[33] - Net profit for Q3 2018 was CNY 35,025,357.87, up 9.1% from CNY 32,079,734.55 in Q3 2017[34] - Earnings per share for Q3 2018 were CNY 0.17, compared to CNY 0.16 in the previous year[35] - Net profit for the period was CNY 92,499,362.39, up from CNY 82,969,557.90 in the previous period, indicating a growth of approximately 18.4%[43] - Total profit for the period amounted to CNY 113,222,384.94, compared to CNY 98,997,008.97 in the previous period, marking a significant increase[42] - Operating profit for the period was CNY 103,224,244.61, compared to CNY 95,265,124.84 in the previous period, reflecting a growth of approximately 8.5%[42] Assets and Liabilities - Total assets increased by 25.51% to CNY 1,914,503,744.46 compared to the end of the previous year[7] - Total operating costs decreased to CNY 95,299,419.61 from CNY 97,556,857.51, representing a reduction of 2.3%[33] - Total assets rose to CNY 1,682,259,210.72, up from CNY 1,358,166,369.94, reflecting a growth of 24%[30] - Total liabilities increased to CNY 615,919,324.37 from CNY 336,535,954.53, a rise of 83.1%[30] - Current liabilities increased by 93.86% from the beginning of the period, mainly due to the rise in short-term borrowings and other related items[15] Cash Flow - The net cash flow from operating activities reached CNY 474,473,024.67, a significant increase of 246.08% year-to-date[7] - Cash and cash equivalents increased significantly to CNY 321,840,039.09 from CNY 169,783,258.64, marking an increase of 89.5%[30] - Cash flow from operating activities generated a net amount of ¥474.47 million, a significant improvement from a negative cash flow of ¥324.80 million in the previous year[47] - Total cash inflow from operating activities was ¥841.57 million, up from ¥393.65 million year-over-year, reflecting a growth of approximately 114.5%[47] - Cash and cash equivalents at the end of the period totaled ¥318,494,070.33, up from ¥151,733,665.87, representing an increase of approximately 109.0%[53] Investments and Expenses - Investment income decreased by 59.20% year-on-year, primarily due to reduced idle funds and the impact of losses from newly added joint ventures[15] - Research and development expenses were CNY 7,382,869.99, down from CNY 8,232,090.25, a decrease of 10.4%[33] - Research and development expenses for the period were CNY 23,238,329.06, slightly up from CNY 22,682,288.80 in the previous period[40] - The company reported a tax expense of CNY 20,723,022.55 for the period, compared to CNY 16,027,451.07 in the previous period, indicating an increase in tax liability[42] Shareholder Information - The company reported a total of 33,670 common shareholders at the end of the reporting period[11] - The top shareholder, Hu Guanghui, holds 16.88% of the shares, amounting to 32,575,950 shares, which are pledged[11] Government Support - The company received government subsidies amounting to CNY 9,543,524.45 during the reporting period[8] - Operating income from non-operating activities grew by 169.06% year-on-year, mainly due to an increase in government subsidies received[15] Other Financial Metrics - The weighted average return on equity was 2.79%, a slight decrease of 0.04% compared to the previous period[7] - Non-recurring gains and losses totaled CNY 14,927,841.05 after tax impacts[9] - Financial expenses increased significantly compared to the same period last year due to increased borrowing for operational needs, resulting in higher interest costs[15]

Financial Performance - Total operating revenue for the first half of 2018 was CNY 227,382,188.61, representing a 1.03% increase compared to CNY 225,071,538.38 in the same period last year[17]. - Net profit attributable to shareholders of the listed company reached CNY 51,225,288.70, up 6.49% from CNY 48,105,550.12 year-on-year[17]. - Net profit after deducting non-recurring gains and losses was CNY 42,227,567.72, an increase of 11.88% compared to CNY 37,745,074.98 in the previous year[17]. - Basic earnings per share increased to CNY 0.27, reflecting an 8.00% growth from CNY 0.25 in the same period last year[17]. - The company achieved operating revenue of 227.38 million, a slight year-on-year increase, and a net profit of 57.47 million, representing a year-on-year growth of 11%[34]. - The net profit attributable to shareholders of the listed company was 51.23 million, an increase of 6.49% year-on-year[34]. - The operating profit margin improved to 29% compared to the previous year[34]. - The company reported a total of 5,000 million in floating income from various financial products, with an average yield of 2.70%[58]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 232,908,568.61, a significant recovery from a negative cash flow of CNY -253,655,477.95 in the previous period[17]. - The company achieved a 42.77% increase in cash and cash equivalents compared to the beginning of the period, attributed to increased operating cash inflows[43]. - Cash and cash equivalents increased to ¥354.29 million, representing 21.36% of total assets, up from 11.64% in the same period last year, a 9.72% increase due to higher operating cash inflow[51]. - The company reported a net increase in cash and cash equivalents for the period was 41,321,328.38 CNY, contrasting with a decrease of -31,572,900.77 CNY in the same period last year[145]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,658,281,271.14, an increase of 8.71% from CNY 1,525,372,156.66 at the end of the previous year[17]. - Total liabilities increased to CNY 409,744,055.94 from CNY 335,120,482.76, marking an increase of about 22.2%[124]. - The company's total equity rose to ¥1,248,537,215.20 from ¥1,190,251,673.90, showing an increase of approximately 4.9%[125]. - Other receivables increased significantly to ¥254.15 million, making up 15.33% of total assets, up from 5.00% last year, a 10.33% increase attributed to increased data monetization activities[51]. Investments and Financial Management - The company has secured bank credit facilities totaling ¥1.6 billion by establishing partnerships with multiple banks amid tightening funding conditions[40]. - The company engaged in entrusted wealth management with a total amount of ¥51.10 million, including ¥25.60 million in bank wealth management products and ¥15.50 million in brokerage products[55]. - The company reported a significant increase of 152.32% in other payables, primarily due to an increase in received deposits and guarantees[43]. - The company reported a total of 1,600 million in floating income with a yield of 2.70%[59]. Operational Developments - The company expanded its financial services to cover major cities including Beijing, Shanghai, and Shenzhen, and began piloting self-operated businesses[36]. - The rental business platform "Aizunai" saw over 100% growth in new registered users and available rental listings in Nanjing[37]. - The company is preparing to establish a market cooperation center to explore real estate investment and sales cooperation[39]. - The company has upgraded its property search products and integrated new features based on user demand, including subway search functionalities[40]. Risk Management and Strategic Planning - The company has discussed potential risks and countermeasures in its operations, which investors are advised to review[5]. - The company plans to maintain a close watch on market changes and adjust operational strategies in response to uncertainties in the real estate market[68]. - The company is facing risks related to policy adjustments in financial services and housing leasing, which may affect growth speed and outcomes[69]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,329[107]. - The largest shareholder, Hu Guanghui, holds 16.88% of the shares, amounting to 32,575,950 shares[107]. - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[122]. - The company held two shareholder meetings with participation rates of 24.27% and 22.35% respectively[72]. Corporate Governance - The company’s half-year financial report was not audited[77]. - The company maintained its management structure without any changes in directors, supervisors, or senior management during the reporting period[115]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[79]. - The company has not experienced any penalties or rectification situations during the reporting period[80].

Financial Performance - Total revenue for Q1 2018 was ¥104,281,251.27, representing a 7.30% increase compared to ¥97,189,147.58 in the same period last year[7] - Net profit attributable to shareholders was ¥19,038,160.24, up 15.24% from ¥16,520,619.02 year-over-year[7] - Net profit excluding non-recurring items reached ¥14,395,473.24, a 7.77% increase from ¥13,357,263.60 in the previous year[7] - Basic earnings per share increased to ¥0.10, up 11.11% from ¥0.09 in the previous year[7] - Operating revenue from the main business showed slight growth, supported by strong performance in data monetization and recovery in real estate internet service revenue[20] - Total operating revenue for Q1 2018 was CNY 104,281,251.27, an increase from CNY 97,189,147.58 in the previous period[42] - Net profit for Q1 2018 reached CNY 21,336,429.74, compared to CNY 17,264,182.00 in the same period last year, reflecting a growth of approximately 23.0%[43] - The total comprehensive income attributable to the parent company was CNY 19,038,160.24, compared to CNY 16,520,619.02, marking a growth of 15.2%[47] Cash Flow - The net cash flow from operating activities was ¥153,014,525.12, a significant recovery from a negative cash flow of -¥79,804,037.87 in the same period last year[7] - The company's liquidity position was affected by significant changes in customer loans and net increases, leading to notable variations in operating cash flow[19] - Total cash inflow from operating activities amounted to 470,518,977.59, while cash outflow was 302,822,296.48, resulting in a net cash flow of 167,696,681.11[54] - The net cash flow from operating activities was 167,696,681.11, compared to a negative cash flow of -30,480,703.71 in the previous period, indicating a significant improvement[55] - Cash received from sales and services was 52,786,367.92, a decrease from 55,847,105.84 in the previous period[54] - The company paid 273,242,264.92 in other operating cash payments, an increase from 174,617,687.76 in the previous period[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,652,980,570.26, an 8.37% increase from ¥1,525,372,156.66 at the end of the previous year[7] - The total liabilities increased to CNY 441,172,506.23 from CNY 335,120,482.76, marking an increase of about 31.6%[39] - The total current assets increased to 1,463,656,059.48 RMB from 1,337,141,179.63 RMB, reflecting a growth of approximately 9.45%[34] - The total current liabilities amounted to CNY 453,714,085.96, an increase from CNY 336,535,954.53, indicating a growth of approximately 34.8%[40] - The company's total assets reached 1,652,980,570.26 RMB, up from 1,525,372,156.66 RMB, indicating an increase of about 8.36%[35] Investments and Financing - Investment activities resulted in a net cash outflow of CNY -217,792,265.80, compared to a net inflow of CNY 184,089,364.51 in the same period last year[52] - The company raised 162,128,755.00 through borrowings, contributing to a net cash flow from financing activities of 109,033,453.51[56] - The company recorded an investment income of CNY 12,716,583.39, down from CNY 24,913,203.61, reflecting a decline of 48.9%[47] Risks and Strategic Focus - The company faces risks related to uncertainties in the real estate market and potential impacts from macroeconomic factors such as trade disputes[10] - The company is focusing on new business areas such as financial services and housing rentals, which may be affected by policy adjustments and market conditions[10] - The company emphasizes the need for timely product updates to meet changing user demands and maintain customer engagement[10] - The company will continue to monitor market changes and adjust its operational strategies to mitigate risks associated with adverse external factors[23] Other Financial Metrics - Non-operating income increased by 1228.89% compared to the same period last year, due to a low base from government subsidies received in the previous year[18] - Sales expenses for Q1 2018 were CNY 43,993,857.09, a decrease from CNY 47,078,579.34 in the previous period, reflecting a reduction of about 6.0%[43] - The company reported a financial expense of CNY 4,683,022.71, compared to a financial income of CNY -263,472.08 in the previous period[43] - The company's retained earnings increased to CNY 501,031,434.56 from CNY 471,505,338.28, reflecting a growth of about 6.3%[40]