证券代码：300311 证券简称：任子行 任子行网络技术股份有限公司 投资者关系活动记录表 编号：2016-001 | --- | --- | --- | --- | |-----------------------------|----------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Group 1: Company Overview - Renzi Hang Network Technology Co., Ltd. is one of the earliest companies in China to engage in cybersecurity, aiming to become an expert in big data intelligent analysis for cyberspace governance [1] - The company focuses on providing large-scale cybersecurity data collection and intelligent analysis products, targeting national government cybersecurity governance and combating cybercrime [1] - The cybersecurity business segment includes one wholly-owned subsidiary and three divisions: Yahon Century, Information Security Division, Public Security Division, and Network Security Division [1] Group 2: Business Demand and Coverage - Yahon Century is positioned for big data governance of cyberspace assets, assisting government departments in managing data distribution, content security, and network security [2] - The company has established pilot units for IDC/ISP information security system construction, covering 18 provinces for Unicom, 14 provinces for Tie Tong, 19 provinces for Mobile, and 6 provinces for Telecom, as well as 25 provincial communication administrations [2] Group 3: Product and Service Offerings - The Public Security Division focuses on combating online crime, providing technical means and business platforms to discover criminal clues [2] - The company's auditing products cover over 40,000 internet cafes and nearly 5 million terminal users, with auditing equipment installed in over 470,000 public internet access locations across 317 cities, ensuring daily security for over 3 million smart terminals [2] - The Information Security Division offers national-level internet security supervision and protection solutions for government and friendly foreign countries [2] - The Network Security Division targets enterprise-level network security issues, leveraging core technologies from the government network security market to penetrate the enterprise market [2]

通过"约调研"网络平台参与 2021 年度网上业绩说明会的投资 参与单位名称 者 及人员姓名 证券代码：300311 证券简称：任子行 任子行网络技术股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | --- | |--------------|---------------------------|-----------| | | | | | | □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 | | | --- | --- | |---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 时间 | 2022 年 05 月 10 ...

证券代码：300311 证券简称：任子行 公告编号：2022-062 任子行网络技术股份有限公司 关于参加深圳辖区上市公司 2022 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，任子行网络技术股份有限公司（以 下简称"公司"）将参加由深圳证监局指导、深圳上市公司协会与深圳市全景网 络有限公司联合举办的"2022 年深圳辖区上市公司投资者集体接待日活动"， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2022 年 11 月 9 日（周三）16:30-17:30。届时公司 高管将在线就公司业绩、公司治理、发展战略、经营状况和可持续发展等投资者 关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与。 特此公告。 任子行网络技术股份有限公司 董 事 会 2022 年 11 月 7 日 第 1 页，共 1 页 ...

Financial Performance - The company's revenue for Q3 2022 was CNY 221,842,229.70, representing a 42.90% increase year-over-year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 20,346,877.42, a significant increase of 142.85% compared to the same period last year[4] - The basic earnings per share for Q3 2022 was CNY 0.0302, up 142.84% from the previous year[5] - Total operating revenue for Q3 2022 was CNY 470,951,403.52, an increase of 13.3% compared to CNY 415,516,450.17 in Q3 2021[26] - Total operating costs for Q3 2022 were CNY 528,159,152.87, up from CNY 511,299,003.95 in the same period last year, reflecting a year-over-year increase of 3.4%[27] - Net loss for Q3 2022 was CNY 37,730,081.72, an improvement from a net loss of CNY 80,986,231.84 in Q3 2021[28] - The total comprehensive income for the third quarter was -37,730,081.72 CNY, compared to -80,986,231.84 CNY in the previous year[29] - The basic and diluted earnings per share were both -0.0317 CNY, compared to -0.1129 CNY in the previous year[29] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to CNY 1,760,910,654.45, reflecting a 3.04% increase from the end of the previous year[5] - Total assets reached CNY 1,760,910,654.45, up from CNY 1,708,959,191.37, indicating a growth of 3.0%[23] - Total liabilities increased to CNY 883,380,254.96 from CNY 791,178,710.16, reflecting a rise of 11.6%[24] - The company’s total equity attributable to shareholders decreased by 2.46% to CNY 844,436,027.24 compared to the end of the previous year[5] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 121,734,765.13, a decrease of 81.42% compared to the previous year[4] - The net cash flow from operating activities was -121,734,765.13 CNY, a decline from -67,102,870.77 CNY year-over-year[31] - Cash inflow from operating activities totaled 613,213,208.45 CNY, down from 679,864,325.46 CNY in the same period last year[30] - The company reported a decrease in cash flow from sales of goods and services, totaling 525,671,278.92 CNY, down from 596,316,825.48 CNY[30] - Cash and cash equivalents at the end of the period were 69,892,054.76 CNY, down from 225,079,195.94 CNY in the previous year[32] - As of September 30, 2022, the cash and cash equivalents amount to ¥133,640,925.05, down from ¥197,522,068.15 at the beginning of the year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 62,985[13] - The largest shareholder, Jing Xiaojun, holds 26.65% of the shares, totaling 179,497,684 shares[13] - The second-largest shareholder, Shenzhen Huaxin Investment Partnership, holds 2.05% with 13,790,191 shares[13] - The total number of restricted shares held by Jing Xiaojun is 134,623,263, which is subject to a 25% annual unlock rate[16] Investment and Financing Activities - The company’s investment income decreased by 38.31% year-over-year, primarily due to reduced gains from the disposal of long-term equity investments[11] - The company reported a 108.07% increase in financial expenses due to reduced interest income[10] - The company’s cash flow from financing activities increased by 154.15%, attributed to increased bank loans and reduced repayments[12] - The company received 50,000,000.00 CNY from borrowings, an increase from 5,000,000.00 CNY in the previous year[32] - The total cash outflow from financing activities was 10,089,254.97 CNY, compared to 84,706,476.08 CNY in the previous year[32] Research and Development - The company reported a significant increase in research and development expenses, totaling CNY 133,967,954.02, compared to CNY 133,086,787.98 in the previous year[27] Future Plans - The company plans to focus on market expansion and new product development to enhance revenue streams moving forward[28] Other Financial Metrics - The company’s non-operating income decreased by 98.18% year-over-year, mainly due to a one-time gain from a subsidiary's deregistration in the previous year[11] - The company has submitted an application for a specific stock issuance to the Shenzhen Stock Exchange on July 29, 2022[17] - The company received a notice of acceptance for the stock issuance application on August 3, 2022[17] - The company has requested to suspend the review of the stock issuance application for up to one month on September 23, 2022[18] - The company plans to adjust the total amount of funds raised from the stock issuance as of October 18, 2022[19] - Accounts receivable increased to CNY 378,846,574.74 from CNY 352,431,290.43, representing a growth of 7.5%[22] - Inventory rose to CNY 396,385,235.16, compared to CNY 334,028,840.91, marking an increase of 18.7%[22] - The net cash flow from investing activities was 3,040,692.28 CNY, a decrease from 4,811,863.25 CNY year-over-year[31]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥249,109,173.82, a decrease of 4.29% compared to ¥260,270,625.69 in the same period last year[21]. - The net loss attributable to shareholders for the first half of 2022 was ¥41,683,159.22, representing a 45.82% increase in loss compared to ¥28,585,806.84 in the previous year[21]. - The net cash flow from operating activities was -¥146,710,704.55, a significant decline of 138.97% from -¥61,392,039.71 in the same period last year[21]. - Basic and diluted earnings per share were both -¥0.06, a decrease of 50.00% compared to -¥0.04 in the previous year[21]. - Total assets at the end of the reporting period were ¥1,647,703,907.19, down 3.58% from ¥1,708,959,191.37 at the end of the previous year[21]. - Net assets attributable to shareholders decreased by 4.81% to ¥824,089,149.82 from ¥865,772,309.04 at the end of the previous year[21]. - The company reported a net profit excluding non-recurring gains and losses of -¥52,279,489.82, slightly worse than -¥51,953,333.02 in the same period last year, reflecting a decrease of 0.63%[21]. - The weighted average return on net assets was -4.93%, a decline of 1.89% compared to -3.04% in the previous year[21]. - The total amount of accounts receivable was approximately ¥340.14 million, showing a slight increase of 0.02% compared to the previous year[77]. - The company reported a net investment loss of ¥67,052.58, primarily due to losses from associated enterprises[74]. Business Strategy and Market Focus - The company focuses on providing comprehensive network security solutions, including zero trust security and data security, targeting sectors such as government, healthcare, and finance[29]. - The company is actively pursuing market expansion opportunities, particularly in the public safety and network security sectors[29]. - The company aims to enhance its cybersecurity supply capabilities and innovation in response to new risks from digital transformation and the digital economy[48]. - The company is focusing on integrating emerging technologies with cybersecurity to improve product offerings and innovation capabilities[48]. - The company aims to enhance its traditional security product capabilities while adapting to emerging security needs in new scenarios[54]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[188]. Research and Development - The company has a strong focus on research and development in new technologies to enhance its product offerings and market competitiveness[30]. - Research and development expenses accounted for over 20% of total operating revenue, reflecting the company's commitment to innovation[62]. - The company is focusing on market expansion and new product development, as indicated by the increase in R&D spending despite overall losses[176]. Regulatory Compliance and Risk Management - The company is committed to complying with various regulatory requirements related to cybersecurity and data protection, including the Data Export Security Assessment Measures[48]. - The company has made commitments to avoid non-operating fund occupation and ensure independent operation in finance and other aspects[115]. - The company is subject to strict compliance with regulations regarding related party transactions and external guarantees[115]. - The company has established a framework to manage and mitigate risks associated with related party transactions[112]. Subsidiaries and Business Segments - The company’s subsidiary, Renwangyou, focuses on the internet cafe industry, achieving a daily active user count of 620,000 on the PC platform as of the reporting period[36]. - The company’s subsidiary, Yahon Century, provides internet space data governance and security solutions, supporting government and enterprises in managing digital resources[38]. - The company has developed a comprehensive solution for public security, integrating data from various police departments to improve operational efficiency[31]. Legal Matters and Litigation - The company is actively pursuing litigation to protect the rights of all investors amid uncertainties regarding the fulfillment of compensation obligations by the defendants[97]. - The company has initiated lawsuits against the original shareholders of Paojiao Sizhi and Tangren Digital for failing to meet performance commitments, with the first-instance judgments resulting in the rejection of all claims[96]. - The company has been ordered to pay a total of 2,000,000 CNY in estimated liabilities based on a first-instance judgment related to the equity transfer dispute with Liding Xinha and Yifeng Jiyie[95]. Shareholder and Equity Information - The largest shareholder, Jing Xiaojun, holds 26.65% of the shares, totaling 179,497,684, with no change during the reporting period[152]. - The total number of shares after the changes is 673,630,150, with no change in the overall percentage distribution[147]. - The company plans to unlock restricted shares for executives at a rate of 25% annually, with specific unlock dates set for November 20, 2022[149]. Financial Position and Cash Flow - The company's cash and cash equivalents decreased by 3.41% to ¥134.30 million, primarily due to payments for goods and employee salaries[77]. - The company's total current assets amounted to ¥979,737,764.35, a decrease from ¥1,078,887,080.75 on January 1, 2022, representing a decline of approximately 9.6%[167]. - Cash inflow from financing activities was CNY 50,000,000.00, with a net cash flow of CNY 41,875,569.44, contrasting with -CNY 81,533,108.02 in the first half of 2021[183]. Industry Trends and Market Outlook - The global cybersecurity landscape is increasingly severe, with frequent network attacks and evolving threats, creating new opportunities for the company[45]. - The implementation of various data security laws in China highlights the importance of network security and supports the growth of the cybersecurity industry[46]. - The network security industry is expected to maintain a growth rate of over 15% annually for the next three years, with the market size projected to exceed 100 billion yuan by 2024[54].

Financial Performance - The company's revenue for Q1 2022 was ¥68,078,060.05, a decrease of 27.38% compared to ¥93,745,916.09 in the same period last year[4] - The net profit attributable to shareholders was -¥43,211,666.57, representing a decline of 93.35% from -¥22,348,895.77 year-on-year[4] - The basic earnings per share were -¥0.0641, down 93.07% from -¥0.0332 in the same period last year[4] - Net loss for Q1 2022 was ¥49,927,738.27, compared to a net loss of ¥29,218,878.20 in Q1 2021, reflecting a significant increase in losses[28] - Total operating revenue for Q1 2022 was ¥68,078,060.05, a decrease of 27.5% compared to ¥93,745,916.09 in the same period last year[26] - Total operating costs increased to ¥133,010,454.19, up from ¥130,846,274.90, with operating costs specifically rising from ¥28,898,168.79 to ¥34,168,429.31[26] - Cash received from sales and services was ¥183,741,255.57, down from ¥233,882,312.00, reflecting a decrease in cash flow from operations[31] - The company reported a significant increase in prepayments, which rose to CNY 56,136,403.39 from CNY 31,031,223.75, indicating a growth of approximately 81%[21] Cash Flow - The net cash flow from operating activities was -¥78,754,842.80, a slight increase in loss of 3.99% compared to -¥75,733,630.83 in the previous year[4] - The net cash flow from operating activities was -78,754,842.80 CNY, compared to -75,733,630.83 CNY in the previous year, indicating a decline in operational cash flow[32] - Total cash inflow from investment activities was 42,261,087.78 CNY, down from 145,669,839.38 CNY year-over-year[33] - The net cash flow from investment activities was 30,113,107.87 CNY, significantly higher than 8,362,440.83 CNY in the previous year[33] - Cash inflow from financing activities totaled 25,000,000.00 CNY, with a net cash flow of 24,802,319.44 CNY, compared to -35,361,249.99 CNY last year[33] - The ending balance of cash and cash equivalents was 124,836,717.09 CNY, down from 259,045,514.28 CNY in the previous year[33] - Cash paid for purchasing goods and services was 170,066,925.75 CNY, a decrease from 191,912,736.17 CNY in the previous year[32] - Cash paid to employees was 106,343,022.61 CNY, slightly up from 105,344,070.91 CNY year-over-year[32] - The company reported cash outflows related to operating activities totaling 316,290,091.93 CNY, compared to 340,877,864.23 CNY in the previous year[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,744,037,236.76, reflecting a 2.05% increase from ¥1,708,959,191.37 at the end of the previous year[5] - The total assets of Renzi Hang Network Technology Co., Ltd. as of April 27, 2022, amounted to CNY 1,744,037,236.76, an increase from CNY 1,708,959,191.37 at the beginning of the year, reflecting a growth of approximately 2.06%[20] - The company's total liabilities rose to ¥879,604,493.82 from ¥791,178,710.16, indicating a 11.1% increase year-over-year[24] - The equity attributable to shareholders decreased by 4.99% to ¥822,560,642.47 from ¥865,772,309.04 at the end of the previous year[5] - The total equity attributable to shareholders decreased to ¥822,560,642.47 from ¥865,772,309.04, a decline of 5.0%[24] - Short-term borrowings increased significantly to CNY 30,000,000.00 from CNY 5,000,000.00, reflecting a rise of 500%[22] - The total liabilities of the company are not explicitly stated in the provided documents, but the increase in short-term borrowings suggests a strategic move to enhance liquidity[22] Investments and Subsidies - Investment income increased by 759.31% year-on-year, primarily due to the disposal of long-term equity investments by a subsidiary[11] - The net cash flow from investing activities increased by 260.10% compared to the same period last year, mainly due to a reduction in the purchase of financial products[12] - The company received government subsidies amounting to ¥4,314,689.80, which are closely related to its normal business operations[7] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 78,816[14] - The company has a total of 138,545,312 shares subject to lock-up, with the majority being executive lock-up shares[18] - The company is actively managing its shareholder structure, with notable participation from various private equity funds and individual investors[16] Research and Development - Research and development expenses were ¥43,224,289.13, slightly up from ¥42,290,881.32, indicating continued investment in innovation[27] Audit Status - The report for the first quarter was not audited[34]

Financial Performance - The company reported a revenue of CNY 695.31 million in 2021, a decrease of 20.81% compared to CNY 877.99 million in 2020[19]. - The net profit attributable to shareholders was a loss of CNY 38.52 million, representing a decline of 325.54% from a profit of CNY 17.08 million in the previous year[19]. - The net cash flow from operating activities was negative CNY 48.74 million, a decrease of 125.47% compared to a positive cash flow of CNY 191.40 million in 2020[19]. - The basic earnings per share were negative CNY 0.0572, down 325.20% from CNY 0.0254 in 2020[19]. - The company's operating revenue for 2021 was ¥695,306,046.18, a decrease of 20.77% compared to ¥877,989,175.90 in 2020[20]. - The company experienced a decline in net assets attributable to shareholders, which decreased by 4.13% from ¥903,049,435.39 in 2020 to ¥865,772,309.04 in 2021[20]. - The company recorded non-operating income from government subsidies amounting to ¥16,710,420.99 in 2021, down from ¥20,162,483.21 in 2020[26]. - The company reported a net loss attributable to shareholders of CNY 22.35 million in Q1 2021, compared to a loss of CNY 46.16 million in Q1 2020[74]. - The company reported a total revenue of 184.69 million in 2021, with a significant increase compared to previous years[156]. - The company reported a total revenue of 1.5 billion in 2021, representing a year-over-year growth of 20%[165]. Revenue Breakdown - The network security business generated revenue of CNY 245.38 million, down 36.98% year-on-year, primarily due to delays in project delivery and challenges in overseas market expansion[68]. - The asset management business saw revenue increase by 16.73% to CNY 386.36 million, driven by growth in industrial internet security products and other emerging services[68]. - The cultural entertainment segment reported revenue of CNY 58.04 million, a significant decline of 62.27%, attributed to the sale of subsidiaries and a focus on core network security operations[68]. - The revenue from asset management was ¥386,362,923.88, with a gross margin of 55.34%, showing a 16.73% increase year-over-year[82]. - The cultural entertainment segment generated ¥58,041,512.77 in revenue, with a gross margin of 68.57%, down 62.27% from the previous year[82]. Market and Industry Insights - The decline in revenue was primarily attributed to decreased income from the cybersecurity and cultural entertainment sectors[5]. - The cybersecurity market is expected to grow significantly due to increasing regulatory requirements and rising demand for data security, with the industry projected to expand further[30]. - The information security industry in China saw a revenue increase of 13.0% in 2021, reaching ¥1,825 billion, indicating a growing market opportunity for the company[32]. - The overall market value of China's cybersecurity industry exceeded 500 billion yuan, peaking at over 550 billion yuan as of November 2021[38]. - The global cybersecurity investment is projected to reach $151.95 billion in 2021, with an expected increase to $223.34 billion by 2025, reflecting a compound annual growth rate (CAGR) of 10.4%[38]. Research and Development - Research and development expenses accounted for over 20% of total revenue, reflecting the company's commitment to innovation[67]. - The company aims to develop core technologies in cybersecurity and create distinctive new products to strengthen its market position[32]. - The company is focusing on the development of 5G and industrial internet technologies, aiming to establish a robust network security infrastructure to support industry growth[123]. - R&D investment amounted to ¥198,401,979.04 in 2021, representing 28.53% of operating revenue, up from 20.31% in 2020[99]. - The company is actively involved in developing new products and technologies, including a zero trust security solution and a data security product that addresses core risk management[42]. Strategic Plans and Future Outlook - Future development plans and forward-looking statements do not constitute a substantive commitment to investors, emphasizing the need for rational investment and risk awareness[5]. - The company plans to enhance its R&D efforts and expand into new business areas to improve competitiveness in the cybersecurity sector[31]. - The company intends to utilize its capital market platform to enhance competitiveness and expand its operational scale, focusing on quality asset investments to diversify its business[128]. - The company plans to enhance its public security business by exploring new applications such as "smart security communities" and "safe campuses," increasing investment in AI technology and data applications[125]. - The company is actively pursuing market expansion in the network security sector, leveraging new technologies and products to capture growth opportunities[123]. Risks and Challenges - The company faces risks related to technological updates, seasonal sales fluctuations, and potential loss of key personnel[6]. - The company faces intense competition in the cybersecurity market, with a need to enhance its technological capabilities and talent acquisition to keep pace with industry leaders[40]. - The company is at risk of losing core talent due to competition from emerging technologies, necessitating improvements in employee retention strategies[133]. - The company is involved in ongoing litigation related to equity transfer disputes, with potential financial implications pending court decisions[134]. - The company has faced challenges in enforcing performance compensation from former shareholders, with recent court rulings not in its favor[135]. Governance and Compliance - The company maintains a governance structure compliant with relevant laws and regulations, including a board of directors with 7 members, 3 of whom are independent directors[140]. - The company has established a performance evaluation and incentive system for its directors, supervisors, and senior management, ensuring transparency and compliance with legal standards[145]. - The company has a complete and independent financial management system, with separate bank accounts and independent tax obligations[151]. - The company emphasizes the protection of stakeholders' rights, aiming for a balance of interests among society, shareholders, employees, and suppliers[147]. - The company has undertaken a governance self-inspection and rectified all identified issues, enhancing governance levels and protecting investor interests[198]. Shareholder Engagement - The company held three shareholder meetings during the reporting period, with the first meeting on January 5, 2021, achieving a participation rate of 27.18%[154]. - The second shareholder meeting on June 28, 2021, had a participation rate of 31.31%[154]. - The third shareholder meeting on September 15, 2021, recorded a participation rate of 27.25%[155]. - The company approved the proposal for the future three-year shareholder return plan (2021-2023) during the September meeting[155]. - The company plans to issue shares to specific investors, with related proposals approved in the September meeting[155].

证券代码：300311 证券简称：任子行 公告编码：2021-062 任子行网络技术股份有限公司 关于参加 2021深圳辖区"沟通传递价值，交流创造良好生态" 上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，任子行网络技术股份有限公司（以 下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举 办的"沟通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者 网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司的副总经理、董事会秘书胡炳明先生及财务总监李志强先生将通过 网络文字交流形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 任子行网络技术股份有 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥155,245,824.48, a decrease of 0.79% compared to the same period last year[3] - The net profit attributable to shareholders was -¥47,479,204.67, representing a significant decline of 491.25% year-on-year[3] - The basic earnings per share were -¥0.0705, down 491.67% from the previous year[3] - Net loss for Q3 2021 was CNY 80,986,231.84, compared to a net loss of CNY 49,671,743.69 in the same period last year[24] Cash Flow - Cash flow from operating activities showed a net outflow of -¥67,102,870.77, a decrease of 465.10% compared to the same period last year[3] - The net cash flow from operating activities was -67,102,870.77, a decline from -11,874,411.47 in the previous period[27] - Total cash inflow from operating activities was 679,864,325.46, down from 732,126,681.25[27] - Cash outflow from operating activities totaled 746,967,196.23, slightly increased from 744,001,092.72[27] - The net cash flow from financing activities was -73,706,476.08, compared to a positive 29,191,538.80 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,690,555,555.12, an increase of 0.91% from the end of the previous year[4] - Total liabilities increased to CNY 804,171,419.62 from CNY 707,548,359.13, reflecting a rise in current liabilities[20] - The company's equity attributable to shareholders decreased to CNY 826,984,423.88 from CNY 903,049,435.39[21] Inventory and Receivables - The company's inventory increased by 62% compared to the beginning of the year, mainly due to new projects increasing the amount of goods dispatched[9] - The accounts receivable remained relatively stable at RMB 388,149,857.90, slightly down from RMB 388,516,555.87 at the end of 2020[18] - The company's other receivables increased to RMB 52,115,422.63 from RMB 14,059,224.79, indicating a significant rise of approximately 270.5%[18] - The company’s prepayments rose to RMB 75,896,277.57 from RMB 33,127,734.51, marking an increase of about 129.0%[18] Financial Expenses and Cash Equivalents - The company's cash and cash equivalents decreased by 36% compared to the beginning of the year, primarily due to the repayment of bank loans and the reduction in the scope of consolidation[8] - The company's financial expenses decreased by 160% year-on-year, attributed to a reduction in short-term borrowings[8] - The company's cash and cash equivalents decreased to RMB 238,862,914.07 from RMB 374,104,587.77 at the end of 2020, representing a decline of approximately 36.2%[18] - The ending balance of cash and cash equivalents was 225,079,195.94, down from 300,516,298.48[28] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives[25] - The company has proposed a private placement of shares, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission[14] Legal Matters - The company is currently involved in ongoing litigation regarding performance compensation matters related to Tangren Digital and Paojiao Sizh, with appeals filed following unfavorable first-instance judgments[15][16] Other Financial Metrics - Research and development expenses rose to CNY 133,086,787.98 from CNY 118,935,513.83, indicating a focus on innovation[21] - The company reported a basic and diluted earnings per share of -0.1129, compared to -0.0727 in the previous year[24] - The company completed the transfer of 100% equity in Tangren Digital and Paojiao Sizh, receiving full payment from Feihua Culture by October 22, 2021[14] - The company reported a total of 139,272,226 restricted shares at the end of the period, with no new restrictions added during the current period[13]