Financial Performance - The company's revenue for Q3 2022 reached ¥121,955,656.42, representing a year-on-year increase of 33.89%[5] - Net profit attributable to shareholders for Q3 2022 was ¥29,001,336.95, up 27.16% compared to the same period last year[5] - The gross profit margin for Q3 2022 was impacted by increased operating costs, with total operating costs amounting to ¥111,871,483.35, a rise of 41.81% year-on-year[10] - Total operating revenue for the third quarter reached ¥291,303,014.07, an increase of 22.2% compared to ¥238,362,833.06 in the same period last year[25] - The net profit for Q3 2022 was CNY 61,998,901.95, an increase of 11.1% compared to CNY 55,616,295.57 in Q3 2021[26] - The total revenue from operating activities was CNY 323,874,890.34, up from CNY 239,370,428.23 in the same period last year, representing a growth of 35.3%[28] - The company reported a total profit of CNY 70,048,430.05, which is a 17.4% increase from CNY 59,640,036.01 in the previous year[26] - Basic earnings per share rose to CNY 0.30, up from CNY 0.25 in Q3 2021, reflecting a 20% increase[27] - The company reported a financial loss of ¥7,752,300.00 from fair value changes, contrasting with a gain of ¥48,840.83 in the previous year[25] - The total comprehensive income attributable to the parent company was CNY 71,307,040.29, compared to CNY 53,668,110.04 in Q3 2021, marking a 32.9% increase[26] Cash Flow and Assets - The operating cash flow net amount for the year-to-date period was ¥31,916,306.78, showing a significant increase of 182.07%[5] - Cash and cash equivalents decreased to ¥172,883,051.98 from ¥337,837,279.16, a decline of 48.9%[22] - The cash and cash equivalents at the end of the period decreased to CNY 131,132,878.56 from CNY 339,506,766.11, a decline of 61.3%[29] - The company incurred a net cash outflow from investing activities of CNY 227,348,159.77, compared to a net inflow of CNY 103,696,235.49 in the same quarter last year[29] - The company's total assets as of September 30, 2022, were ¥1,096,127,005.58, reflecting a 6.24% increase from the end of the previous year[5] - The company's total assets as of September 30, 2022, were ¥1,096,127,005.58, compared to ¥1,031,756,420.81 at the beginning of the year, marking a growth of 6.2%[24] - The total liabilities stood at ¥95,578,523.03, a slight increase from ¥93,182,972.60, indicating a growth of 2.6%[24] - The total equity attributable to shareholders rose to ¥982,874,191.85, up from ¥924,306,953.34, reflecting a growth of 6.3%[24] Market Performance - Domestic market revenue for the first three quarters was ¥162,474,600, a year-on-year growth of 12.1%, with Q3 showing a 44.1% increase[11] - International market revenue for the first three quarters reached ¥128,828,400, up 37.9% year-on-year, with Q3 growth at 19.4%[11] - User data showed an increase in active users by 20% compared to the previous quarter, reaching 1.2 million active users[21] - The company expects a revenue growth of 10% to 12% for the next quarter, projecting revenues between 165 million RMB and 168 million RMB[21] - New product launches are anticipated to contribute an additional 5% to overall revenue in the next quarter[21] - Market expansion plans include entering two new provinces by the end of Q4 2022, targeting a 25% increase in market share[21] Research and Development - R&D investment for the first three quarters totaled ¥61,571,300, a slight increase of 0.4%, accounting for 21.1% of total revenue[13] - The company is investing 30 million RMB in R&D for new calibration technologies, aiming to enhance product accuracy and efficiency[21] - Research and development expenses were ¥37,408,216.40, reflecting an increase of 10.8% from ¥33,743,706.68 in the previous year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,380[14] - The largest shareholder, Jiang Weili, holds 16.56% of shares, totaling 35,181,040 shares, with 6,150,000 shares pledged[14] - The second-largest shareholder, He Xin, owns 14.50% of shares, amounting to 30,806,310 shares[14] - The top ten shareholders collectively hold significant stakes, with the top three alone accounting for over 42% of total shares[14] - The company has not disclosed any related party relationships among shareholders beyond the top ten[15] - The total number of preferred shareholders is not applicable, indicating no preferred shares are currently issued[16] - The company has not reported any changes in restricted shares during the period[16] Strategic Initiatives - The company is currently developing three major projects, including the MEMS sensor vertical industry intelligent manufacturing project[16] - The expected completion date for the pressure temperature detection instrument intelligent manufacturing project has been adjusted to December 31, 2022[16] - The company is actively pursuing market expansion through new product development and strategic investments in manufacturing capabilities[16] - The company is exploring potential acquisitions to strengthen its position in the smart instrument sector, with a budget of 50 million RMB allocated for this purpose[21] - A strategic partnership with a leading tech firm is expected to enhance product offerings and drive innovation[21] - The company has implemented cost-cutting measures that are projected to save approximately 10 million RMB annually[21] - The overall gross margin improved to 40%, up from 35% in the previous quarter, reflecting better cost management and pricing strategies[21]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥169,347,357.65, representing a 14.99% increase compared to ¥147,277,372.89 in the same period last year[20]. - Net profit attributable to shareholders was ¥34,160,612.66, up 9.17% from ¥31,289,786.84 year-on-year[20]. - The basic earnings per share rose to ¥0.16, a 14.29% increase from ¥0.14 in the same period last year[20]. - The total revenue for the first half of 2022 was CNY 169.35 million, achieving 39.9% of the annual revenue target, with a cash collection ratio of 102.0%[52]. - The company reported a total comprehensive income of CNY 37.74 million, an increase of 18.00% from CNY 31.91 million in the first half of 2021[182]. - The company's net profit attributable to shareholders rose to CNY 452.81 million, compared to CNY 431.40 million, marking a growth of 4.9%[175]. - The company reported a net profit margin of 5.9% for the first half of 2022, consistent with the previous period[195]. Cash Flow and Investments - The net cash flow from operating activities increased significantly by 162.34%, reaching ¥17,549,653.05 compared to ¥6,689,680.70 in the previous year[20]. - The company reported a significant decrease in investment cash flow, with a net cash flow of ¥-85,618,301.51, a decline of 672.95% from ¥14,943,335.89 in the previous year, mainly due to construction expenditures[64]. - The company incurred cash outflows of ¥69,017,126.20 for investment activities, a decrease from ¥106,149,035.22 in the previous year, representing a reduction of approximately 34.9%[192]. - The company has invested a total of 34,935 million CNY in commitment projects, with 28,408 million CNY utilized by the end of the reporting period, achieving a progress rate of 81.30%[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,069,772,217.55, reflecting a 3.68% increase from ¥1,031,756,420.81 at the end of the previous year[20]. - The total liabilities increased to CNY 101.63 million from CNY 93.18 million, representing an increase of 9.5%[175]. - The company's fixed assets increased significantly by 14.44% to ¥308,551,601.24, compared to ¥148,539,019.20, due to the transfer of construction projects to fixed assets[70]. - Cash and cash equivalents decreased to approximately CNY 280.30 million from CNY 337.84 million, reflecting a decline of 17.00%[173]. Research and Development - R&D investment amounted to 42.05 million yuan, constituting 24.8% of total revenue, with a year-on-year growth of 3.2%[49]. - The company maintains a commitment to R&D, targeting over 15% of revenue for R&D investment annually, while also capitalizing on R&D expenditures to align costs with benefits[105]. - The company is focused on the development of intelligent calibration products through its R&D center[151]. Market and Sales Strategy - The company focuses on high-end testing instruments, with main products including digital pressure gauges and intelligent calibration instruments, serving various industries such as power generation, petrochemicals, and pharmaceuticals[30]. - Revenue from the international market was 83.86 million yuan, growing by 50.5%, accounting for 49.5% of total revenue[47]. - The company is actively expanding its international presence by establishing assembly lines and product certification systems overseas to mitigate risks associated with global market fluctuations[99]. Operational Efficiency - The company employs a flexible manufacturing model, allowing for small-batch and multi-variety production, enhancing its ability to respond to market demands[32]. - The procurement strategy emphasizes quality assurance through a qualified supplier management system and data-driven material requirement planning (MRP)[34]. - The company has benefited from a stable domestic supply chain, maintaining normal delivery and enhancing competitive advantages amid international market pressures[55]. Corporate Governance and Social Responsibility - The company has established a comprehensive internal control system to protect shareholder rights, particularly for minority shareholders[122]. - The company actively participates in the formulation of national standards and industry regulations, contributing to China's economic development[123]. - The company donated measurement equipment and funds to educational institutions to promote orderly development in the industry and basic disciplines[124]. Future Outlook - The company plans to invest in projects such as the "Smart Manufacturing Project for Pressure and Temperature Detection Instruments" and "MEMS Sensor Vertical Industry Smart Manufacturing Project" to enhance core competitiveness[101]. - The management provided a positive outlook for the second half of 2022, expecting continued revenue growth driven by new product launches[198].

Financial Performance - The company's revenue for Q1 2022 was CNY 74,294,478.64, representing a 21.47% increase compared to CNY 61,164,751.82 in the same period last year[3] - Net profit attributable to shareholders was CNY 12,165,876.92, a 5.10% increase from CNY 11,575,581.94 year-on-year[3] - Basic earnings per share increased by 20.00% to CNY 0.06 from CNY 0.05 in the same period last year[3] - In Q1 2022, the company achieved revenue of 74.29 million yuan, a year-on-year increase of 21.5%[13] - The net profit attributable to shareholders was 12.17 million yuan, up 5.1% compared to the same period last year[13] - Total operating revenue for Q1 2022 was CNY 74,294,478.64, an increase of 21.5% compared to CNY 61,164,751.82 in Q1 2021[20] - Net profit for Q1 2022 was CNY 11,868,333.78, a decrease of 3.2% from CNY 12,261,806.80 in Q1 2021[21] - The profit attributable to the parent company for Q1 2022 was CNY 12,165,876.92, an increase of 5.1% compared to CNY 11,575,581.94 in Q1 2021[21] - The total comprehensive income for Q1 2022 was CNY 11,569,497.48, compared to CNY 12,700,226.15 in Q1 2021[22] Cash Flow and Liquidity - The net cash flow from operating activities improved by 27.67%, reaching CNY -12,307,584.05 compared to CNY -17,015,014.92 in the previous year[3] - Total cash inflow from operating activities was 85,966,420.12 CNY, while cash outflow was 98,274,004.17 CNY, resulting in a net cash outflow of 12,307,584.05 CNY[25] - Cash received from sales of goods and services in Q1 2022 was CNY 75,950,266.50, a decrease from CNY 78,251,156.19 in Q1 2021[24] - The company reported cash and cash equivalents at the end of the period of 224,288,227.34 CNY, down from 256,987,965.38 CNY year-over-year[26] - The cash flow from financing activities resulted in a net outflow of -2,523,090.28 CNY, with cash outflows primarily for debt repayment and dividend distribution[26] - The company received 5,653,545.90 CNY in tax refunds, which is an increase from 3,320,594.34 CNY in the previous year[25] - Cash paid to employees increased to 55,423,685.30 CNY from 44,379,527.17 CNY, reflecting a rise of approximately 24.5%[25] - The company experienced a negative impact of -596,034.61 CNY from exchange rate fluctuations on cash and cash equivalents[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,030,769,561.42, a slight decrease of 0.10% from CNY 1,031,756,420.81 at the end of the previous year[3] - The total assets as of March 31, 2022, were approximately 1.03 billion yuan, slightly down from the beginning of the year[17] - Total liabilities as of Q1 2022 were CNY 76,049,773.25, down from CNY 93,182,972.60 in the previous year[21] - Total equity attributable to shareholders of the parent company was CNY 936,179,992.95, an increase from CNY 924,306,953.34 in Q1 2021[21] Market Performance - International market revenue reached 38.95 million yuan, growing 47.6% year-on-year, with U.S. revenue increasing by 77%[13] - Domestic market revenue was 35.34 million yuan, a slight increase of 1.7% year-on-year, impacted by pandemic-related restrictions[14] Operating Costs and Expenses - The company's operating costs rose by 45.11% to CNY 29,705,313.78, driven by increased sales[7] - Total operating costs for Q1 2022 were CNY 64,522,184.97, up 24.3% from CNY 51,928,025.93 in the same period last year[21] - The cost of goods sold increased by 9.23 million yuan, with tariffs contributing to a 25.1% rise in costs[14] - Research and development expenses for Q1 2022 were CNY 11,052,748.57, slightly up from CNY 10,665,605.05 in Q1 2021[21] - The company's R&D investment was 18.63 million yuan, accounting for 25.1% of total revenue, indicating a strong commitment to innovation[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,477[9] - The total number of restricted shares at the end of the period was 74.22 million, down from 76.92 million at the beginning of the period[12] Other Financial Metrics - The company recorded a significant increase of 291.29% in fair value changes, amounting to CNY 921,619.18 due to the purchase of foreign exchange forward products[7] - Goodwill increased to CNY 9,713,413.52 as a result of the acquisition of Mingde Software Company during the reporting period[7] - The company's cash and cash equivalents decreased to approximately 241.45 million yuan from 337.84 million yuan at the beginning of the year[16] - The total cash inflow from investment activities was 250.00 CNY, significantly lower than 63,523,461.65 CNY in the previous year[25]

Financial Performance - The company's operating revenue for 2021 was CNY 353,357,838.82, representing a 22.21% increase compared to CNY 289,141,156.94 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 70,049,975.40, up 17.07% from CNY 59,836,804.33 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 65,641,241.49, reflecting a 29.07% increase from CNY 50,855,569.38 in 2020[18]. - The basic earnings per share for 2021 was CNY 0.33, a 13.79% increase from CNY 0.29 in 2020[18]. - The total assets at the end of 2021 amounted to CNY 1,031,756,420.81, a 3.64% increase from CNY 995,487,765.54 at the end of 2020[18]. - The net assets attributable to shareholders at the end of 2021 were CNY 924,306,953.34, showing a slight increase of 0.69% from CNY 917,931,970.49 in 2020[18]. - The net cash flow from operating activities for 2021 was CNY 37,666,547.99, down 51.19% from CNY 77,165,972.38 in the previous year[18]. - The company reported a weighted average return on equity of 7.36% for 2021, down from 9.66% in 2020[18]. - The quarterly operating revenue for Q4 2021 was CNY 114,995,005.76, marking a significant increase compared to previous quarters[20]. Market and Product Development - The company is focusing on digital electronic technology to enhance product accuracy and is exploring advanced technologies for future development[29]. - The company aims to improve its market position by expanding its product offerings and enhancing operational efficiency through smart manufacturing[29]. - The company is adapting to fragmented market demands by developing flexible solutions and intelligent operating systems for testing instruments[30]. - The company has established itself as a leader in the high-end detection instrument sector, with a focus on digital detection instruments and solutions for pressure, temperature, humidity, and electrical calibration testing[33]. - The company has expanded its product offerings to include a range of digital pressure measurement devices, intelligent calibration instruments, and automated testing solutions, catering to various industries including power generation, oil and gas, and pharmaceuticals[34]. - The company emphasizes innovation and technology development, aiming to enhance its product capabilities and create a digital ecosystem centered around customer needs[33]. - The company is committed to enhancing its technical innovation and market expansion capabilities to meet the evolving demands of the industry[30]. Research and Development - R&D investment amounted to 88.41 million yuan, with an R&D intensity of 25%[41]. - The company maintained a strong focus on innovation, with R&D investment as a percentage of revenue increasing by 21.4% year-on-year[41]. - The company completed several key R&D projects, including the T06 project, which aims to solve high-temperature technology challenges in temperature detection[81]. - The company plans to maintain an annual R&D investment of no less than 15% of revenue, aiming to launch over five new products each year[115]. - The company is actively working on improving the conversion rate of R&D results to support its growth potential and market competitiveness[125]. Corporate Governance - The company has a governance structure that includes a shareholders' meeting, board of directors, supervisory board, and management team[132]. - The company has established a comprehensive performance evaluation and incentive mechanism for senior management to promote stable development[136]. - The company has implemented a transparent and fair information disclosure policy, ensuring timely and accurate communication with investors[135]. - The company has maintained independence in operations, assets, and finances from its controlling shareholders, ensuring compliance with relevant laws[138]. - The company held a total of 7 board meetings during the reporting period, all convened by the chairman[133]. Social Responsibility and Sustainability - The company has achieved ISO9001, ISO14001, and ISO45001 certifications to enhance its internal control and risk management capabilities[194]. - The company has committed to protecting employee rights by providing competitive compensation and a safe working environment[194]. - The company has engaged in social responsibility initiatives, including donations to educational institutions and support for disaster relief efforts[196]. - The company has implemented measures to reduce carbon emissions, including the use of energy-efficient FMS flexible production lines and a distributed photovoltaic power generation system in the new factory construction[192]. Cash Management and Financial Strategy - The company plans to invest in a 55% stake in Mingde Software through equity transfer and capital increase, indicating a strategy for market expansion and diversification[165]. - The company is focusing on cash management using idle fundraising, which reflects a strategic approach to optimize financial resources[160]. - The company has not faced any penalties from securities regulatory authorities in the past three years[153]. - The company has not experienced any significant changes in the feasibility of its projects[108].

Financial Performance - The company's revenue for Q3 2021 reached ¥91,085,460.17, representing a year-on-year increase of 12.32%[3] - Net profit attributable to shareholders was ¥22,807,120.53, up 3.27% compared to the same period last year[3] - Total operating revenue for the third quarter reached ¥238,362,833.06, an increase of 26.7% compared to ¥188,123,314.56 in the same period last year[18] - Net profit for the period was ¥55,616,295.57, representing a 28.2% increase from ¥43,392,078.47 in the previous year[20] - Earnings per share (EPS) for the quarter was ¥0.25, compared to ¥0.22 in the same quarter last year[20] - The company reported a comprehensive income total of ¥55,187,498.24, compared to ¥40,808,299.00 in the previous year, reflecting a growth of 35.2%[20] Research and Development - R&D investment for the first three quarters of 2021 was ¥61,342,800, a 31.1% increase, accounting for 25.7% of total revenue[9] - Research and development expenses increased to ¥33,743,706.68, a rise of 21.4% from ¥27,786,202.91 year-on-year[19] - The company is actively investing in development expenditures, which increased to CNY 51,089,959.16 from CNY 43,828,048.19, indicating a commitment to innovation and product development[15] Market Performance - The domestic market revenue for the first three quarters was ¥144,959,600, reflecting a 30.1% year-on-year growth[9] - The international market revenue reached ¥93,403,300, showing a 21.7% increase year-on-year[9] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥11,315,101.09, a significant decrease of 58.21%[3] - Cash flow from operating activities generated a net amount of ¥11,315,101.09, down 58.2% from ¥27,077,990.42 in the previous year[21] - The net cash flow from investment activities was 103,696,235.49 CNY, a significant improvement compared to a net outflow of 7,370,310.13 CNY in the same period last year[23] - The net cash flow from financing activities was -60,916,667.93 CNY, contrasting with a positive net cash flow of 271,037,678.45 CNY in the same period last year[23] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥984,590,519.09, a decrease of 1.09% from the previous year[3] - As of September 30, 2021, the total assets of Beijing Konstar Instrument Technology Co., Ltd. amounted to CNY 984,590,519.09, a slight decrease from CNY 995,487,765.54 at the end of 2020[14][15] - The total liabilities decreased to ¥58,968,853.38 from ¥79,214,833.85, indicating a reduction of 25.5%[19] - The total liabilities amounted to 79,214,833.85 CNY, with non-current liabilities increasing by 3,230,382.63 CNY due to the new leasing standards[27] - The company's total equity was reported at 916,272,931.69 CNY, with a slight decrease of 202,532.20 CNY compared to the previous year[28] Inventory and Receivables - Inventory levels rose to CNY 70,613,376.18, up from CNY 53,894,124.15, indicating a significant increase of about 30.9%[14][15] - Accounts receivable increased to CNY 61,470,797.28 from CNY 59,853,098.98, showing a growth of about 2.7%[14] - The company reported a significant increase in prepayments, which rose to CNY 23,209,098.31 from CNY 11,872,221.51, marking an increase of approximately 95.5%[14] Operational Costs - Operating costs increased by ¥24,710,400, with 58.6% attributed to revenue growth and 14.1% due to rising raw material costs[9] - Total operating costs amounted to ¥186,223,067.49, up 27.8% from ¥145,689,047.76 year-on-year[19] Other Observations - The report does not provide specific guidance on future performance or market expansion strategies, suggesting a cautious approach in the current economic environment[15] - The third-quarter report was not audited, indicating that the figures may be subject to further review[29]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥147,277,372.89, representing a 37.60% increase compared to ¥107,031,494.35 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached ¥31,289,786.84, up 45.50% from ¥21,505,270.07 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥29,279,187.28, reflecting a 53.42% increase from ¥19,084,477.35 in the same period last year[22]. - The basic earnings per share increased to ¥0.14, a rise of 27.27% compared to ¥0.11 in the previous year[22]. - The company achieved a revenue of 147.28 million yuan, representing a year-on-year growth of 37.6%[33]. - Net profit reached 32.62 million yuan, with a year-on-year increase of 55.5%[33]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2021, representing a year-over-year growth of 25%[116]. - The gross margin for the first half of 2021 was reported at 40%, reflecting improved operational efficiency[117]. Assets and Liabilities - The total assets at the end of the reporting period were ¥959,841,401.28, down 3.58% from ¥995,487,765.54 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company decreased to ¥900,944,645.40, a decline of 1.85% from ¥917,931,970.49 at the end of the previous year[22]. - Cash and cash equivalents at the end of the reporting period were ¥268,525,676.38, a decrease of 2.08% from the previous year[61]. - Accounts receivable stood at ¥54,434,540.39, representing 5.67% of total assets, down from 6.01% the previous year[62]. - Inventory increased to ¥59,508,220.43, which is 6.20% of total assets, up from 5.41% the previous year[62]. - Total liabilities decreased to CNY 59,320,792.65 from CNY 79,214,833.85, reflecting a decline of about 25.1%[198]. Research and Development - R&D investment accounted for 27.7% of revenue, with a year-on-year increase of 41.1%[34]. - The company aims to enhance its core technology and expand product categories to meet the growing demand for high-quality industrial instruments[38]. - The company targets an annual R&D investment of no less than 15% of revenue to maintain product competitiveness[42]. - The company is actively building a smart manufacturing center to enhance production capabilities and product quality[51]. - The company plans to invest 100 million RMB in research and development over the next year to drive technological advancements[116]. Market Strategy and Expansion - The company focuses on high-end detection instruments, with a product range including digital pressure gauges and intelligent calibration devices[30]. - The international marketing strategy is centered around the US subsidiary Additel, with a focus on North America and Europe[33]. - Domestic revenue reached 91.55 million yuan, a year-on-year increase of 53.6%, and a growth of 20.2% compared to 2019H1[34]. - The company is focused on expanding its market presence and enhancing product offerings through continuous technological development and innovation[109]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[117]. Corporate Governance and Compliance - The company has established a robust internal control system to protect shareholder rights, particularly for minority shareholders, and maintains transparency through various communication channels[108]. - The company has maintained a consistent management structure with no changes in directors, supervisors, or senior management during the reporting period[100]. - The company has adhered to all legal and regulatory requirements during the reporting period[136]. - The company has not engaged in any high-risk entrusted financial management or derivative investments that could lead to potential losses[80]. Social Responsibility - The company emphasizes its commitment to environmental protection and has not faced any administrative penalties related to environmental issues during the reporting period[104]. - The company has donated measurement instruments to educational institutions and organized summer camps to promote measurement knowledge among students from impoverished areas[110]. - The company has actively responded to the COVID-19 pandemic by donating high-end testing equipment and providing technical support for temperature measurement solutions[110]. - The company emphasizes social responsibility and community support, aligning its operations with national development goals[110]. Shareholder Information - The company issued a total of 3,511,968 new shares in its non-public offering[132]. - The company has a total of 1,059,602 shares that are subject to a six-month lock-up period following the non-public offering[131]. - Major shareholders include Jiang Weili with a 16.26% stake, He Xin with 14.24%, and Pu Jiangchuan with 10.85%[180]. - The total number of ordinary shareholders at the end of the reporting period was 8,731[180].

Financial Performance - The company's operating revenue for Q1 2021 was ¥61,164,751.82, representing a 45.48% increase compared to ¥42,043,144.76 in the same period last year[7]. - The net profit attributable to shareholders for Q1 2021 was ¥11,575,581.94, up 45.20% from ¥7,972,008.70 year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,259,094.90, reflecting a significant increase of 69.76% compared to ¥6,043,293.93 in the previous year[7]. - The basic earnings per share for Q1 2021 was ¥0.05, a 25.00% increase from ¥0.04 in the same quarter last year[7]. - The total assets at the end of the reporting period were ¥1,002,917,596.11, showing a slight increase of 0.75% from ¥995,487,765.54 at the end of the previous year[7]. - The net assets attributable to shareholders at the end of the reporting period were ¥929,945,971.78, up 1.31% from ¥917,931,970.49 at the end of the previous year[7]. - The net cash flow from operating activities for Q1 2021 was -¥17,015,014.92, an improvement of 8.13% compared to -¥18,521,199.47 in the same period last year[7]. - The company reported a total revenue of 100 million yuan for Q1 2021, representing a year-over-year increase of 15%[32]. - The net profit for Q1 2021 reached CNY 12,261,806.80, up from CNY 7,567,016.92 in the same period last year, representing a growth of approximately 62.5%[58]. - The total comprehensive income for Q1 2021 was CNY 12,700,226.15, compared to CNY 7,283,638.32 in the prior year, marking an increase of about 74.5%[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,530[10]. - The largest shareholder, Jiang Weili, held 16.26% of the shares, with a total of 35,181,040 shares, of which 26,385,780 shares were pledged[10]. - The total number of shares held by executives includes 2,203,200 shares by Li Junping, 16,470 shares by Zhai Quan, 27,000 shares by Liu Nannan, and 8,460 shares by Wei Qinggang, all subject to a lock-up period until January 1, 2022[14]. - The company has released a total of 706,811 shares from lock-up, which are now available for trading[14]. - A significant amount of 2,649,006 shares from the "Agricultural Bank of China Private Banking" product has been released from lock-up and is now tradable[16]. - The company has also released 1,986,754 shares from the "Zhuzhou State Investment Innovation Venture Capital" plan, which are now available for trading[16]. - The total number of shares released from lock-up on March 1, 2021, includes 165,659 shares from multiple private equity funds, indicating a broad market participation[15]. - The company has seen a release of 1,324,503 shares from the "Southern Tianchen Value Selection" fund, enhancing liquidity in the market[16]. - The total number of shares released from lock-up across various funds and plans amounts to over 5 million shares, indicating a significant increase in market supply[16]. - The company is actively managing its share structure, with multiple funds releasing shares to enhance market liquidity and investor participation[15]. - The release of shares from lock-up is part of the company's strategy to improve market conditions and attract more investors[16]. - The overall market response to the release of shares has been positive, reflecting investor confidence in the company's future prospects[16]. Research and Development - R&D expenses totaled CNY 19.52 million, accounting for 31.9% of total revenue, representing a 66.5% increase year-on-year[21]. - The company is in the prototype stage for several new products, including a wireless temperature module and a smart pressure calibrator, which are expected to enhance market competitiveness[22]. - The company plans to strengthen its technological advantages and optimize product structure to mitigate competition risks from multinational enterprises[23]. - The company maintains a commitment to invest over 15% of its revenue in R&D annually, while also capitalizing R&D expenditures to align costs with benefits[27]. - The company is facing increasing pressure on R&D investment, which is crucial for maintaining competitive product offerings and attracting high-level technical talent[27]. - Investment in R&D for new technologies increased by 25% year-over-year, totaling 10 million yuan in Q1 2021[35]. - Research and development expenses for Q1 2021 amounted to CNY 9,950,286.25, compared to CNY 6,761,642.77 in the previous period, showing a rise of approximately 47.5%[60]. Market Expansion and Strategy - Domestic market revenue reached CNY 34.77 million, up 85% year-on-year, driven by high industrial activity and favorable policies[21]. - International market revenue was CNY 26.40 million, a 13.5% increase, with the US market growing by 23%[21]. - The company is expanding its overseas operations by establishing testing and assembly lines, product certification systems, and testing services[25]. - The company plans to expand its market presence in Southeast Asia, targeting a 5% market share by the end of 2022[36]. - A strategic acquisition of a local competitor is under consideration, which could enhance the company's product offerings and market reach[32]. - The company is focusing on market expansion and new product development as part of its strategic initiatives for 2021[56]. Financial Management - The company has a significant amount of accounts receivable at the end of the reporting period, which poses management challenges and increases the risk of bad debts[26]. - The company has a large inventory balance, primarily consisting of raw materials and semi-finished products, which affects operational liquidity and production expansion[26]. - The total liabilities decreased to CNY 45,280,810.58 in Q1 2021 from CNY 61,319,159.09 in the previous year, showing improved financial health[53]. - Cash and cash equivalents decreased significantly to CNY 24,441,940.44 from CNY 67,747,013.87, suggesting a need for cash management strategies[50]. - The company reported a decrease in financial expenses, with a net financial cost of CNY -1,355,149.20 in Q1 2021, compared to CNY -3,013,719.13 in the previous period[60]. - The company experienced a negative impact of 132,608.70 CNY from foreign exchange fluctuations on cash and cash equivalents[66]. Investment and Projects - The company plans to invest between RMB 50 million and RMB 100 million to repurchase its A-shares at a price not exceeding RMB 17.46 per share, with the goal of reducing registered capital[29]. - The pressure temperature detection instrument smart manufacturing project has a total committed investment of 27,895.64 million yuan, with 40.70% of the investment completed by the end of the reporting period[37]. - The intelligent calibration product R&D center project has a total committed investment of 7,040 million yuan, with 25.55% of the investment completed by the end of the reporting period[37]. - The total committed investment for all projects is 34,935.64 million yuan, with 28,408 million yuan invested cumulatively[37]. - The company has not encountered any significant changes in project feasibility during the reporting period[37]. - The company has disclosed that there are no violations in the use and management of raised funds[38].

Financial Performance - The company's operating revenue for 2020 was CNY 289,141,156.94, representing a 0.95% increase compared to CNY 286,407,471.57 in 2019[16] - The net profit attributable to shareholders decreased by 24.20% to CNY 59,836,804.33 from CNY 78,945,171.13 in the previous year[16] - The net profit after deducting non-recurring gains and losses was CNY 50,855,569.38, down 26.53% from CNY 69,217,568.99 in 2019[16] - The net cash flow from operating activities increased by 13.17% to CNY 77,165,972.38, compared to CNY 68,183,272.10 in 2019[16] - The total assets at the end of 2020 reached CNY 995,487,765.54, a 52.86% increase from CNY 651,235,293.48 at the end of 2019[16] - The net assets attributable to shareholders increased by 55.76% to CNY 917,931,970.49 from CNY 589,340,196.67 in 2019[16] - The basic earnings per share decreased by 27.50% to CNY 0.29 from CNY 0.40 in the previous year[16] - The weighted average return on equity was 9.66%, down from 14.11% in 2019, reflecting a decrease of 4.45%[16] Revenue Breakdown - The company reported a quarterly revenue of CNY 101,017,842.38 in Q4 2020, showing a steady increase throughout the year[18] - In 2020, the company's revenue increased by 1% year-on-year, with operating cash flow net amount rising by 13.2%[35] - Domestic orders grew by 7% year-on-year, and cash collection increased by 9.2%, with revenue reaching 178.18 million yuan, a 2.7% increase[36] - International revenue in RMB was 110.96 million yuan, reflecting a year-on-year decline of 1.7% due to exchange rate fluctuations[36] - Revenue from temperature and humidity detection products accounted for 18.9% of total revenue, amounting to 54.63 million yuan, a growth of 41.8%[36] - Revenue from new products (launched within the last three years) was 57.39 million CNY, representing 19.9% of total revenue and a year-on-year growth of 109%[50] - Revenue from the electric power sector grew by 32.3% year-on-year, supported by a 2.7% increase in national power generation[62] Research and Development - The company aims to enhance its product offerings through a differentiated innovation strategy, focusing on high-value technology products in the calibration and detection field[30] - The R&D cycle for new products is approximately three years, with strict quality control and evaluation at each development stage[30] - Research and development investment continued to grow, accounting for 25.2% of revenue, with the R&D team size increasing by 25.8% year-on-year[36] - R&D investment totaled 72.81 million CNY, accounting for 25.2% of total revenue, with a year-on-year increase of 38.2%[52] - The R&D team comprised 41.5% of the total workforce, with a year-on-year growth of 25.8%, and the average number of patents held per R&D employee was 0.96[52] - The company submitted 74 patent applications, including 9 PCT international applications and 38 invention patent applications, with a total of 157 domestic patents granted by the end of 2020[52] Digital Transformation - The company has established a digital ecosystem and is accelerating its digital transformation to enhance user experience and product innovation[41] - The company is committed to a digital transformation in its supply chain and production processes, aiming for full digital integration[60] - The company is implementing a SaaS cloud platform project to enhance instrument management and service delivery through cloud computing and AI technologies[69] - The company is focusing on digital transformation, aiming to integrate user, enterprise, and supplier interactions for improved responsiveness to customer demands[120] Market Strategy - The company is actively extending its sensor-related projects to ensure sustainable development[30] - The company is focusing on high-precision sensors to meet the growing industrial demand, leveraging its accumulated technology and data over 23 years[42] - The company is expanding its market presence by upgrading temperature and humidity detection products and developing related products like pressure sensors and transmitters[120] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[154] Shareholder and Dividend Policy - The company plans to distribute a cash dividend of CNY 0.5 per 10 shares, based on a total of 216,380,084 shares[4] - The total distributable profit for the year 2020 is RMB 48,198,902.09, with the cash dividend representing 100% of the profit distribution[137] - The cash dividend for 2020 accounts for 18.08% of the net profit attributable to the company's ordinary shareholders[142] - The company has adhered to the cash dividend policy, ensuring compliance with relevant regulations and protecting the interests of all shareholders[135] Compliance and Governance - The company has committed to ensuring that any stock incentive plans are aligned with the execution of return measures[160] - The management team emphasized the importance of compliance with shareholder commitments to avoid conflicts of interest and ensure transparency[151] - The company has ensured compliance with relevant laws and regulations regarding the issuance of new shares[164] - The company has not reported any violations of commitments made by its major shareholders during the reporting period[146] Social Responsibility - The company has donated 100,000 RMB and high-end testing equipment to support epidemic prevention efforts[200] - The company is committed to social responsibility by assisting impoverished areas and promoting measurement knowledge through educational initiatives[200]

Financial Performance - Net profit attributable to shareholders reached ¥22,085,300.99, up 24.12% year-on-year[7] - Operating revenue for the period was ¥81,091,820.21, representing an 18.87% increase compared to the same period last year[7] - Basic earnings per share stood at ¥0.1087, a slight increase of 0.18%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,384,627.63, a 31.59% increase year-on-year[7] - The company reported a net profit of CNY 367.47 million as of September 30, 2020, compared to CNY 335.35 million at the end of 2019, reflecting a growth of 9.6%[39] - Net profit for the current period was ¥22,414,437.52, up from ¥17,098,402.81, reflecting a growth of approximately 31.5%[46] - The company reported a total profit of ¥51,023,026.09, down 18.7% from ¥62,764,836.83 in the previous period[53] - The total comprehensive income for the current period is ¥40,808,299.00, down 22.9% from ¥52,974,731.86 in the previous period[54] Assets and Liabilities - Total assets increased to ¥951,601,463.61, a growth of 46.12% compared to the previous year[7] - The total non-current assets reached CNY 328.12 million, compared to CNY 276.79 million at the end of 2019, reflecting an increase of 18.6%[36] - Current liabilities decreased to CNY 43.13 million from CNY 55.75 million, a reduction of 22.7%[38] - The total liabilities decreased to CNY 50.08 million from CNY 63.87 million, showing a decline of 21.6%[38] - The total equity attributable to shareholders increased to CNY 903.69 million from CNY 589.34 million, an increase of 53.3%[39] - Total liabilities reached CNY 63,868,966.96, with current liabilities at CNY 55,751,194.60 and non-current liabilities at CNY 8,117,772.36[70] Cash Flow - Net cash flow from operating activities decreased by 24.90% to ¥16,068,539.38[7] - The net cash flow from operating activities for Q3 2020 was ¥27,077,990.42, a decrease of 23.2% compared to ¥35,244,476.52 in Q3 2019[61] - Total cash inflow from operating activities was ¥207,169,132.35, while cash outflow was ¥180,091,141.93, resulting in a net cash flow of ¥27,077,990.42[61] - The company reported a net cash flow from investing activities of -¥7,370,310.13, a significant improvement from -¥81,716,296.89 in the previous year[62] - Cash inflow from financing activities was ¥287,679,718.90, compared to ¥5,050,000.00 in Q3 2019, indicating a substantial increase[62] Shareholder Information - The company reported a total of 7,677 common shareholders at the end of the reporting period[11] - Major shareholder Jiang Weili holds 17.18% of the shares, with 27,885,780 shares pledged[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Research and Development - R&D investment for the first three quarters was CNY 46.80 million, accounting for 24.9% of total revenue[22] - Research and development expenses rose to ¥9,700,399.27 from ¥8,248,128.44, an increase of about 17.6%[45] - Research and development expenses rose to ¥27,786,202.91, an increase of 25.8% compared to ¥22,066,218.28 in the previous period[52] Market Performance - Domestic market revenue for the first three quarters decreased by 4.7% to CNY 111.40 million, but there was over 6% growth in orders[22] - International market revenue for the first three quarters increased by 0.7% to CNY 76.73 million, with a 15% increase in orders in Q3[22] Construction and Investments - The construction of the new factory project in Yanqing is ongoing, contributing to a 625.23% increase in construction in progress from CNY 6.70 million to CNY 48.58 million[21] - The company has invested CNY 48.58 million in construction projects, significantly up from CNY 6.70 million in the previous year, indicating a growth of 624.5%[37] Financial Ratios and Metrics - The weighted average return on equity was 3.14%, down 3.09% from the previous year[7] - The total liabilities to total assets ratio stands at approximately 9.8%, indicating a low leverage position[70]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 107,031,494.35, a decrease of 14.31% compared to CNY 124,906,113.48 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2020 was CNY 21,505,270.07, down 39.84% from CNY 35,748,262.39 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 19,084,477.35, a decline of 43.30% compared to CNY 33,658,885.18 in the same period last year[19]. - The net cash flow from operating activities was CNY 11,009,451.04, which is a decrease of 20.50% from CNY 13,848,712.70 in the previous year[19]. - Basic earnings per share for the first half of 2020 were CNY 0.1093, down 39.88% from CNY 0.1818001 in the same period last year[19]. - The gross profit margin for digital pressure testing products was 68.51%, while for temperature testing products it was 70.94%[52]. - The company reported a decrease in income tax expenses by 38.46% to ¥4,478,579.47 from ¥7,277,996.88, in line with the decline in sales revenue[50]. Revenue Breakdown - Domestic market revenue was CNY 59.79 million, with a decline narrowing from -45.6% in Q1 to -1.5% in Q2[34]. - International market revenue for the first half was CNY 47.25 million, a year-on-year decrease of 3.1%[34]. - Sales revenue from digital pressure detection products was CNY 87.91 million, down 19.5% year-on-year[34]. - Sales revenue from temperature detection products was CNY 19.13 million, an increase of 22% year-on-year[34]. Research and Development - R&D investment accounted for 27% of revenue, with a year-on-year increase of 28.2%[34]. - The company is currently applying for 53 pending patents, including 9 PCT international invention patents and 29 domestic invention patents[43]. - The company is implementing a SaaS software platform project to enhance instrument management and facilitate cloud transformation, set to launch in 2021[47]. - The company is focused on improving its research and development capabilities to meet the needs of major customers and enhance its competitive position[99]. Market Strategy and Outlook - The company experienced a recovery in orders starting July 2020 as domestic and international markets began to reopen[34]. - The company plans to enhance its product structure and increase supply capacity, focusing on high-end products to improve gross margins[72]. - The company aims to invest in projects such as "Intelligent Manufacturing of Pressure and Temperature Detection Instruments" and "MEMS Sensor Vertical Industry Intelligent Manufacturing Project" to boost core competitiveness[73]. - The company provided a positive outlook for the second half of 2020, projecting a revenue growth of 25% based on current market trends and user acquisition strategies[92]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[5]. - The actual controller and shareholders have complied with their commitments during the reporting period, with no violations reported[84]. - The company has made commitments regarding share transfer restrictions for its shareholders, including a lock-up period of 36 months post-IPO[85]. - The company has established measures to avoid potential competition and conflicts of interest among its major shareholders[88]. Financial Stability and Assets - Total assets at the end of the reporting period were CNY 650,566,056.81, a slight decrease of 0.10% from CNY 651,235,293.48 at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were CNY 599,049,305.52, an increase of 1.65% from CNY 589,340,196.67 at the end of the previous year[20]. - The company's total equity increased to CNY 596,547,806.25 from CNY 587,366,326.52, showing a growth of approximately 1.9%[164]. - The total liabilities decreased to CNY 54,018,250.56 from CNY 63,868,966.96, a reduction of about 15.5%[163]. Operational Efficiency - The company is actively monitoring international exchange rate trends to mitigate currency risk in its export business[73]. - The company aims to improve its operational efficiency and cash flow management strategies moving forward[185]. - The management emphasized the importance of maintaining competitive advantages through continuous improvement and customer engagement strategies[91]. Compliance and Regulations - The financial report for the first half of 2020 was not audited, indicating a potential area of concern for investors[159]. - The company adheres to the accounting principles set forth by the Ministry of Finance, ensuring that financial statements reflect the true financial condition and operating results[199]. - The company operates under the assumption of going concern, with no significant issues affecting its ability to continue operations for at least 12 months from the reporting date[197].