Financial Performance - Operating revenue for the quarter reached CNY 174,790,193.73, a significant increase of 221.79% year-over-year [7]. - Net profit attributable to shareholders was CNY 68,460,739.05, reflecting a growth of 248.56% compared to the same period last year [7]. - The net profit after deducting non-recurring gains and losses was CNY 66,347,858.93, up 252.24% year-over-year [7]. - Basic earnings per share rose by 150.00% to CNY 0.30 for the quarter [7]. - The company achieved operating revenue of CNY 528.6862 million for the first nine months of 2018, an increase of 275.84% year-on-year [20]. - The net profit attributable to shareholders of the listed company reached CNY 172.1291 million, up 241.32% compared to the same period last year [20]. - Total operating revenue for the third quarter reached ¥174,790,193.73, a significant increase of 222.5% compared to ¥54,317,581.87 in the same period last year [35]. - Net profit for the third quarter was ¥72,047,600.94, up 257.5% from ¥20,137,692.11 year-over-year [36]. - The operating profit for the quarter was CNY 208,139,956.52, compared to CNY 53,826,039.67 in Q3 2017, marking an increase of approximately 287% [42]. - The company reported a total comprehensive income of CNY 190,634,954.56 for the quarter, compared to CNY 47,285,207.90 in the same period last year, showing a growth of approximately 303% [42]. Cash Flow and Assets - The company reported a net cash flow from operating activities of CNY 89,177,074.42, an increase of 251.70% year-to-date [7]. - The cash flow from operating activities was CNY 89,177,074.42, significantly higher than CNY 25,356,358.47 in the same quarter last year, indicating a growth of approximately 251% [49]. - The cash inflow from operating activities totaled 155,435,636.05 CNY, compared to 136,843,657.14 CNY in the prior year, reflecting a growth of approximately 13.1% [51]. - The cash outflow from operating activities was 154,582,665.45 CNY, up from 112,702,068.51 CNY, indicating an increase of about 37.2% [51]. - The net cash flow from investing activities was -104,080,909.58 CNY, worsening from -49,541,538.17 CNY in the previous period [53]. - The ending balance of cash and cash equivalents was 16,167,931.44 CNY, down from 102,681,035.90 CNY year-over-year [53]. - Cash and cash equivalents decreased significantly from ¥311,198,317.03 to ¥70,069,961.05, a decline of about 77.5% [27]. Shareholder Information - The total number of shareholders at the end of the reporting period was 16,908 [11]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder owning 9.84% [11]. - The company did not engage in any repurchase transactions during the reporting period [12]. - The company did not distribute cash dividends during the reporting period, adhering to its profit distribution policy [22]. - The company reported no non-operating fund occupation by controlling shareholders during the reporting period [24]. - There were no violations regarding external guarantees during the reporting period [23]. Investments and Acquisitions - The company completed the acquisition of 15.9950% equity in Sichuan Subao Network Technology Co., increasing its stake to 40.3972% [20]. - Financial assets measured at fair value increased by 163.70% to CNY 295.3833 million, primarily due to increased debt instrument investments held by Lion's Roar [18]. - Investment income for the third quarter was ¥5,904,698.37, compared to ¥1,898,355.23 in the previous year, marking a 210.5% increase [36]. - Investment income for the quarter was CNY 23,521,012.26, compared to CNY 14,754,573.49 in Q3 2017, representing an increase of about 59% [42]. Expenses and Liabilities - Sales expenses surged by 945.17% to CNY 68.4066 million, attributed to the inclusion of sales expenses from the acquisition of Lion's Roar Technology [18]. - The company reported a significant decrease in financial expenses, with a change of -59497.93% due to increased exchange gains from Lion's Roar [18]. - The total liabilities decreased slightly from ¥575,152,282.46 to ¥582,275,280.39, indicating a marginal increase of about 1.0% [29]. - The total equity attributable to shareholders increased from ¥3,023,003,655.16 to ¥3,174,312,625.74, an increase of approximately 5.0% [29]. Research and Development - Research and development expenses for the third quarter were ¥9,366,715.00, down from ¥11,225,432.35 year-over-year [35]. - The company continues to focus on expanding its market presence and developing new technologies [30].

Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2018, representing a year-on-year increase of 15% compared to the same period in 2017[3]. - Total revenue for the reporting period reached ¥353,896,042.29, representing a 309.84% increase compared to ¥86,349,297.52 in the same period last year[22]. - Net profit attributable to shareholders was ¥103,668,314.97, up 236.70% from ¥30,789,839.86 year-on-year[22]. - Net profit after deducting non-recurring gains and losses was ¥102,789,110.64, an increase of 288.25% compared to ¥26,475,096.16 in the previous year[22]. - Basic earnings per share increased to ¥0.460, up 155.56% from ¥0.180 in the previous year[22]. - The company achieved total revenue of CNY 353.90 million, an increase of 309.84% compared to the same period last year[49]. - The total profit reached CNY 118.75 million, up 268.61% year-on-year, while net profit attributable to shareholders was CNY 103.67 million, a 236.70% increase[49]. - The company reported a revenue of 1.2 billion CNY for the first half of 2018, representing a year-on-year increase of 15%[102]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan for the first half of 2018, representing a 25% year-over-year growth[105]. User Growth and Engagement - The number of active users (paying users) reached 1.5 million, showing a growth of 20% year-on-year[5]. - The company has approximately 5.9 billion total installed users and about 165 million monthly active users as of June 30, 2018[33]. - User data showed an increase in active users by 20% compared to the previous year, reaching 5 million active users[102]. - User data showed a growth of 25% in active users, reaching 5 million users by the end of the quarter[104]. - The company achieved significant growth in mobile game acceleration services, partnering with major game developers and mobile manufacturers, leading to a strong market presence[83]. Market Expansion and Strategy - The company plans to expand its market presence by entering three new provinces by the end of 2018[6]. - The company aims to expand its user base in emerging markets such as Latin America, Southeast Asia, South Asia, Africa, and the Middle East, where there is a growing demand for smartphone upgrades[45]. - The company plans to continue expanding its global business layout, focusing on internet real-time interactive application acceleration services and mobile internet application software[49]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[102]. - Market expansion efforts are focused on entering Southeast Asian markets, with an estimated investment of 100 million yuan planned for 2019[105]. Research and Development - The company is investing RMB 10 million in research and development for new gaming technologies and platforms[4]. - The company’s R&D investment amounted to CNY 31.97 million, representing a 49.39% increase from the previous year[54]. - The company has set a target to increase its R&D expenditure to 10% of total revenue in the upcoming fiscal year[102]. - The company plans to invest 200 million yuan in research and development to enhance technology capabilities over the next two years[103]. - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[104]. Financial Position and Assets - Total assets at the end of the reporting period were ¥3,703,397,239.77, a 3.23% increase from ¥3,587,553,848.44 at the end of the previous year[22]. - Net assets attributable to shareholders reached ¥3,145,440,417.37, reflecting a 4.05% increase from ¥3,023,003,655.16 at the end of the previous year[22]. - Cash and cash equivalents at the end of the reporting period amounted to ¥284,022,414.21, representing 7.67% of total assets, a decrease of 7.48% compared to the previous year[58]. - The company's total liabilities decreased from CNY 575,152,282.46 to CNY 554,753,464.70, representing a reduction of about 3.45%[164]. - The total equity attributable to the parent company at the end of the previous year was 1,309.00 million yuan[185]. Risks and Challenges - The company identified key risks including market competition and regulatory changes, with strategies in place to mitigate these risks[5]. - The company is facing increased competition from large internet companies and game operators entering the game acceleration market, necessitating ongoing investment in R&D and market promotion[84]. - The integration risks associated with the company's acquisitions are expected to rise as the business diversifies and expands, requiring improved management practices[86]. - The company is actively monitoring foreign exchange fluctuations, particularly with the USD and HKD, to manage potential impacts on its operations[93]. Shareholder and Governance - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[6]. - The board approved a share buyback program, committing to repurchase up to 50 million yuan worth of shares to enhance shareholder value[105]. - The company reported a profit distribution of -7,929.90 million yuan, indicating a significant loss allocation to shareholders[189]. - The company appointed Yang Xuyu as the new CFO on January 30, 2018, following the resignation of Yang Juan[155]. - Major shareholders include Yuan Xu with 9.84% (22,303,624 shares) and Zhang Jianwei with 9.57% (21,694,200 shares) of the total shares[145]. Future Outlook - Future performance guidance indicates an expected revenue growth of 25% for the full year 2018[5]. - The company provided a future outlook, projecting a revenue growth of 25% for the next fiscal year, driven by new product launches and market expansion[102]. - Future outlook indicates a focus on expanding market presence, targeting a 30% increase in market share by the end of 2019[103]. - The company anticipates a potential net profit of no less than RMB 249.6 million and RMB 324.48 million for the years 2018 and 2019, respectively, from its acquisition of Lion's Roar[90].

Financial Performance - The company's operating revenue for 2017 was ¥278,195,701.58, representing a 76.07% increase compared to ¥158,003,764.27 in 2016[19]. - The net profit attributable to shareholders for 2017 was ¥102,400,777.84, a significant increase of 161.79% from ¥39,115,094.44 in 2016[19]. - The net profit after deducting non-recurring gains and losses was ¥95,918,802.22, which is a 264.88% increase from ¥26,287,411.14 in 2016[19]. - The net cash flow from operating activities for 2017 was ¥80,248,513.95, up 102.30% from ¥39,668,043.00 in 2016[19]. - Basic earnings per share for 2017 were ¥0.61, a 154.17% increase compared to ¥0.24 in 2016[19]. - Total assets at the end of 2017 reached ¥3,587,553,848.44, a 379.22% increase from ¥748,620,422.21 at the end of 2016[19]. - The net assets attributable to shareholders at the end of 2017 were ¥3,023,003,655.16, reflecting a 461.50% increase from ¥538,376,992.32 at the end of 2016[19]. - The weighted average return on equity for 2017 was 13.04%, an increase of 4.85% from 8.19% in 2016[19]. - The company achieved total revenue of CNY 278.20 million in 2017, representing a 76.07% increase compared to CNY 158.00 million in 2016[68]. - The net profit attributable to shareholders reached CNY 102.40 million, up 161.79% from the previous year's CNY 39.06 million[58]. User Growth and Engagement - The user base of "Lion's Roar" reached approximately 450 million, with monthly active users of about 128 million[33]. - The company has accumulated over 200 million registered users, with approximately 3.8 million active paying users, indicating a high-value user base[53]. - By the end of 2017, China's online gaming user base reached 441 million, accounting for 57.2% of the total internet users, with mobile gaming users at 407 million[41]. - User data showed a growth in active users to 5 million, up from 4 million in 2016, indicating a 25% increase[156]. - User data indicated a growth in active users to 5 million, marking a 25% increase from 2016[161]. Market Expansion and Strategy - The company is actively exploring market expansion opportunities and potential mergers and acquisitions[5]. - The company aims to leverage its strong partnerships with major game developers to enhance its market position and service offerings[42]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[134]. - Future strategies include both organic growth and external expansion, focusing on synergistic opportunities within the gaming service industry[114]. - The company plans to leverage the overseas capabilities and resource advantages of Lion's Roar to achieve global network application optimization and access larger markets[115]. - The company is expanding its market presence in Asia, targeting a 15% market share by the end of 2024[153]. Research and Development - The company has a focus on technological advancements, including the Smart Cloud Acceleration Platform (SCAP) to enhance service delivery[11]. - The company launched several R&D projects, including the "Smart Router Acceleration Access System" and "Game Terminal Environment Detection System" to enhance service capabilities[60]. - R&D investment amounted to ¥41,189,399.97 in 2017, representing 14.81% of operating revenue, a decrease from 21.76% in 2016[83]. - The number of R&D personnel increased to 172 in 2017, accounting for 65.90% of the workforce, up from 57.64% in 2016[83]. - The company is investing in new technology development, allocating $50 million towards R&D initiatives[5]. Acquisitions and Partnerships - In 2017, the company acquired 100% equity of the overseas mobile internet enterprise "Lion's Roar," expanding its main business scope[29]. - The company completed a strategic acquisition of a tech startup for $500 million, expected to enhance its technological capabilities[141]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market reach[148]. - The company has outlined a strategic goal to achieve a revenue target of 1.5 billion RMB for 2018, reflecting a growth rate of 25%[161]. Risk Management - The report emphasizes the importance of risk awareness regarding future plans and performance forecasts, highlighting potential risks and countermeasures in the business outlook section[5]. - The company recognizes the risk of intensified market competition as large internet companies and game operators begin to focus on the game acceleration service market[116]. - The company will enhance risk identification and control measures for external investments to mitigate potential risks in the rapidly changing internet industry[118]. - The company is aware of the risks associated with overseas market policies, particularly regarding regulatory differences in various countries[118]. Dividend Policy - The company plans to distribute a cash dividend of 0.35 RMB per 10 shares to all shareholders, based on a total share capital of 226,611,309 shares[5]. - The total cash dividend amount for 2017 is RMB 7,931,395.81, which represents 7.75% of the net profit attributable to ordinary shareholders of RMB 102,400,777.84[133]. - The cash dividend for 2016 was RMB 5,004,912.00, accounting for 12.80% of the net profit attributable to ordinary shareholders of RMB 39,115,094.44[133]. - The company has maintained a consistent cash dividend policy, with cash dividends fully utilizing the distributable profits[126]. Compliance and Governance - The company emphasizes the significance of accurate financial reporting and the responsibilities of its financial management team[4]. - The annual report outlines the company's governance structure, including the roles of the board of directors and supervisory board[11]. - The company has confirmed that all commitments made are independently executed and will not affect other commitments[154]. - The company has ensured that all required licenses and authorizations are valid and effective, with no risks of invalidation[162].

Financial Performance - Total revenue for Q1 2018 reached ¥174,867,495.46, representing a 319.18% increase compared to ¥41,716,464.52 in the same period last year[7] - Net profit attributable to shareholders was ¥51,845,395.94, up 232.12% from ¥15,610,207.04 year-on-year[7] - Net profit after deducting non-recurring gains and losses was ¥52,264,714.01, a 302.59% increase from ¥12,982,159.38 in the previous year[7] - Basic earnings per share increased to ¥0.230, reflecting a 155.56% rise from ¥0.090 in the previous year[7] - The company achieved operating revenue of CNY 174.87 million in Q1 2018, a significant increase of 319.18% year-on-year, primarily due to increased revenue from online games and mobile game accelerators, as well as new internet advertising income[25] - Net profit attributable to shareholders for Q1 2018 was CNY 51.85 million, up 232.12% compared to the same period last year, with net profit from online and mobile game acceleration approximately CNY 18.06 million, reflecting a growth of about 15.66% year-on-year[25] - The total comprehensive income for Q1 2018 was ¥57,422,643.37, compared to ¥13,144,644.88 in Q1 2017, reflecting a growth of approximately 337%[47] Cash Flow and Assets - Operating cash flow for the period was ¥66,918,802.26, a significant improvement of 584.28% compared to a negative cash flow of -¥13,818,154.57 in the same period last year[7] - The cash balance at the end of the reporting period is CNY 286.41 million, down from CNY 311.20 million at the beginning of the period[37] - Accounts receivable increased to CNY 66.67 million from CNY 63.63 million, indicating a growth of approximately 4.3%[37] - Total assets amount to CNY 3,609.03 million, slightly up from CNY 3,587.55 million at the beginning of the period[38] - The company's cash and cash equivalents decreased from ¥84,809,520.63 to ¥43,635,058.18, a decline of about 48.5%[41] - Cash and cash equivalents at the end of the period stood at ¥286,408,578.31, down from ¥245,559,437.06 at the end of the previous year[54] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,103[16] - The top 10 shareholders hold the following percentages: Yuan Xu 9.84% (22,303,624 shares), Zhang Jianwei 9.57% (21,694,200 shares), Lu Jin 7.79% (17,651,893 shares), and Chen Jun 7.11% (16,109,624 shares)[16] - Yuan Xu has 19,474,524 shares pledged, while Zhang Jianwei has 15,562,919 shares pledged[16] - The company has a total of 21,694,200 shares under lock-up for the initial public offering, with a release date set for May 28, 2018[19] - The company has a total of 22,303,624 shares under lock-up for Yuan Xu, with a commitment not to transfer shares for 36 months[19] Investment and R&D - The company plans to enhance R&D investment to maintain technological leadership and mitigate risks associated with technological obsolescence[10] - The company is focusing on R&D for a comprehensive operation and maintenance management system for data centers and a cloud-based management system, aimed at enhancing operational efficiency and scalability[26] - The company plans to continue executing its annual business plan, emphasizing product R&D and market promotion efforts[26] - The company has set performance commitments for its subsidiary, Lion's Roar, with net profits of no less than ¥192 million, ¥249.6 million, and ¥324.48 million for 2017, 2018, and 2019 respectively[12] Risks and Challenges - The company acknowledges potential risks from market competition and technological advancements that could impact its market position[10] - The company is exposed to foreign exchange risks due to significant fluctuations in the RMB to USD exchange rate, impacting overseas operations[14] - The company plans to conduct foreign exchange hedging arrangements as needed to mitigate risks from currency fluctuations[14] - The company is exploring new business areas to maintain competitive advantage, but market acceptance may take time, posing risks to new ventures[14] - The company will conduct thorough industry analysis and market research to enhance product functionality and user experience, thereby reducing risks in new business development[14] - The company will strengthen risk management in external investments to mitigate uncertainties in the rapidly evolving internet industry[11] Financial Liabilities - Total liabilities decreased to CNY 531.62 million from CNY 575.15 million, reflecting a reduction of approximately 7.6%[39] - The total liabilities decreased from ¥508,872,664.39 at the beginning of the year to ¥464,927,893.65 by the end of Q1 2018, a reduction of approximately 8.6%[43] - The company's capital reserve increased to CNY 2,737.92 million from CNY 2,724.83 million, showing a growth of about 0.5%[39] Miscellaneous - The company has not conducted any repurchase transactions among the top 10 common shareholders during the reporting period[17] - The company did not undergo an audit for the first quarter report[59] - The company’s chairman is Zhang Jianwei, who presented the report on April 23, 2018[60]

Financial Performance - Operating revenue for the reporting period was ¥54,317,581.87, representing a year-on-year growth of 40.36%[8] - Net profit attributable to shareholders was ¥19,641,027.28, up 28.07% from the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥18,836,118.87, an increase of 49.42% year-on-year[8] - Basic earnings per share for the reporting period was ¥0.12, reflecting a growth of 20.00% compared to the previous year[8] - The weighted average return on equity was 3.39%, an increase of 0.97 percentage points from the previous year[8] - The net profit for the year-to-date was ¥50,430,867.14, which is a 41.70% increase compared to the same period last year[8] - Total operating revenue for the current period reached ¥54,317,581.87, a 40.4% increase from ¥38,699,845.50 in the previous period[41] - Operating profit for the current period was ¥22,975,517.01, up from ¥10,102,491.17, reflecting a significant growth of 127.5%[42] - Net profit attributable to the parent company was ¥19,641,027.28, compared to ¥15,336,478.45 in the previous period, marking a 28.5% increase[42] - Total profit for the quarter was ¥55,233,565.22, up 67.6% from ¥32,899,956.30 in the previous year[49] - Net profit for the quarter was ¥47,285,207.90, representing a 76.1% increase from ¥26,887,280.80 year-over-year[49] - Basic earnings per share increased to ¥0.30 from ¥0.22, reflecting a growth of 36.4%[50] Assets and Liabilities - Total assets at the end of the reporting period reached ¥755,487,472.14, an increase of 0.92% compared to the end of the previous year[8] - The company's total assets at the end of the reporting period amounted to 755.49 million yuan, compared to 748.62 million yuan at the beginning of the period[35] - The company's total liabilities decreased from 219.22 million yuan to 182.49 million yuan during the reporting period[34] - The total liabilities decreased by 51.64% to ¥78,984,109.62, primarily due to payments for repurchased equity incentive funds[19] - Current liabilities decreased to ¥165,364,811.40 from ¥210,115,533.87, a reduction of 21.3%[39] - Cash and cash equivalents decreased from 189.39 million yuan to 111.23 million yuan during the reporting period[32] - Cash and cash equivalents decreased to ¥102,681,035.90 from ¥177,529,325.90, a decline of 42.1%[37] Investments and Cash Flow - Cash flow from operating activities for the year-to-date reached ¥25,356,358.47, a significant increase of 156.54%[8] - Cash received from investment redemptions reached ¥295,000,000.00, a significant increase of 9733.33% from the previous period[20] - The company reported a total cash inflow from operating activities of ¥142,917,454.39 for Q3 2017, compared to ¥152,759,041.25 in Q3 2016, a decline of approximately 6.1%[56] - The total cash inflow from investment activities was ¥300,304,821.14, compared to ¥8,600,672.84 in the same period last year, indicating a substantial increase[57] - The net cash flow from investment activities was -¥57,948,407.63, an improvement from -¥186,774,895.43 in Q3 2016, showing a reduction in cash outflow by approximately 69%[57] - The company experienced a net cash flow from financing activities of -¥49,448,340.46 in Q3 2017, a significant decline from a positive cash flow of ¥207,443,880.48 in Q3 2016[57] Shareholder Information and Corporate Actions - The total number of ordinary shareholders at the end of the reporting period was 15,472[12] - The company received government subsidies amounting to ¥1,406,602.37 during the year-to-date[9] - The company has approved an employee stock ownership plan, which is currently being implemented[23] - The company has approved a stock option and restricted stock incentive plan, granting 7.358 million stock options and 2.24 million restricted shares to 77 incentive targets[24] - The company did not distribute cash dividends during the reporting period, adhering to its profit distribution policy[26] Future Plans and Market Strategy - The company plans a major asset restructuring by acquiring 100% equity of Chengdu Lion Roar Technology Co., Ltd. for a total transaction amount of 2.7 billion yuan, with 12.037% paid in cash and 87.963% through share issuance[21] - The company aims to raise 673 million yuan from no more than 5 specific investors to fund the cash consideration for the restructuring and to support new product development for a mobile network app and an internet advertising platform upgrade[22] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[41] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[49] Operational Metrics - Accounts receivable increased by 120.15% to ¥6,911,998.58, primarily due to an increase in receivables from partners[19] - Prepaid expenses rose by 78.69% to ¥17,614,482.91, mainly due to prepayments for procurement[19] - Long-term equity investments surged by 247.87% to ¥373,527,105.74, attributed to investments in multiple companies[19] - The company's investment income increased by 113.06% to ¥14,754,573.49, due to higher returns from long-term equity investments[19] - Sales expenses increased to ¥6,545,044.66 from ¥5,705,380.27, indicating higher investment in sales efforts[42] - Management expenses increased to ¥54,752,202.57 from ¥46,890,882.93, marking a rise of 16.3%[49] - Operating costs for the quarter were ¥115,203,295.71, an increase of 10.8% from ¥103,939,828.10[48] - The company reported a decrease in sales expenses to ¥15,589,845.43 from ¥19,892,530.12, a reduction of 21.6%[49] - The company achieved a comprehensive income total of ¥51,853,560.19, compared to ¥39,276,547.69 in the same quarter last year, an increase of 32.0%[53]

Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2017, representing a year-on-year increase of 15% compared to the same period in 2016[14]. - Total revenue for the reporting period was ¥86,349,297.52, an increase of 12.39% compared to ¥76,830,660.60 in the same period last year[21]. - The company anticipates a revenue growth target of 20% for the second half of 2017, driven by new service offerings and market expansion efforts[5]. - The company achieved a total comprehensive income of ¥27,147,515.79, compared to ¥15,090,510.22, an increase of 79.9%[162]. - The company reported a net profit attributable to shareholders of 4.9 billion yuan, a decrease of 5% compared to the previous period[177]. - The net profit attributable to shareholders was ¥30,789,839.86, representing a 52.02% increase from ¥20,254,262.34 year-over-year[21]. - The net profit after deducting non-recurring gains and losses was ¥26,475,096.16, up 79.19% from ¥14,774,787.27 in the previous year[21]. - The company reported a net profit of 2.2 billion, reflecting a 4.4% increase year-over-year[190]. User Growth - The number of active users (paying users) reached 1.5 million, an increase of 20% from the previous year[12]. - The company has accumulated over 190 million registered users, primarily consisting of heavy and competitive gamers[39]. - User data indicates a growth in active users, contributing to an increase in overall revenue streams[177]. - User data showed an increase of 27% in active users, reaching 85 million by the end of the quarter[190]. Investment and Development - The company plans to invest in new product development, focusing on enhancing its cloud acceleration services and expanding its user base through partnerships[5]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[5]. - Research and development expenses increased by 43.98% to 21,397,503.97 CNY, reflecting the company's intensified investment in the SCAP platform[49]. - The company is committed to increasing investment in new technology development to maintain its competitive edge[83]. - The company is investing in new technology development, allocating 10% of its revenue towards R&D[184]. - The company plans to pursue strategic acquisitions to enhance its product offerings, with a budget of 2 billion allocated for this purpose[190]. Market Strategy - The company aims to expand its market presence in mobile game acceleration, targeting a growth rate of 25% in this segment for the next fiscal year[5]. - The company’s strategic focus includes transitioning to a B2B2C model to better serve its gaming partners and end-users[12]. - The company plans to enhance its business lines systematically to achieve strategic goals[80]. - The company has announced a new partnership that will facilitate entry into international markets, aiming for a 20% increase in global sales[184]. - The company is expanding its market presence in Asia, targeting a 15% market share by the end of the next fiscal year[190]. Financial Health - The company’s operating expenses increased by 10% due to higher marketing and R&D investments[14]. - The company’s cash and cash equivalents decreased by 44.60% due to investments and stock repurchases during the reporting period[35]. - Total assets decreased by 7.52% to ¥692,331,185.83 from ¥748,620,422.21 at the end of the previous year[21]. - The company’s total liabilities decreased from CNY 219,222,644.10 to CNY 139,907,946.75, a decline of approximately 36.1%[153]. - The company's total assets at the end of the period amounted to 1,596,000,000 yuan, demonstrating a solid financial position[186]. Risk Factors - The company has identified risks including fluctuations in bandwidth rental prices and rising labor costs, which may impact future performance[5]. - The mobile gaming market is rapidly evolving, but uncertainties in user behavior and market size pose risks to the company's growth[82]. - Bandwidth rental costs have been decreasing, but future price fluctuations could impact the company's performance[84]. - Rising labor costs due to industry growth may lead to increased personnel expenses for the company[85]. Shareholder Information - No cash dividends or stock bonuses will be distributed to shareholders for this period[6]. - The company will not distribute cash dividends or issue new shares from capital reserves for the half-year period[94]. - The company completed the first unlock period of its restricted stock incentive plan, with 1,815,120 shares unlocked, accounting for 1.09% of the total share capital[103]. - The total number of shareholders at the end of the reporting period was 20,366[133]. Corporate Governance - The company has established various committees under the board of directors, including nomination, compensation, audit, and strategy committees[196]. - The company’s board of directors and senior management did not undergo any changes during the reporting period[143]. - The company has maintained its accounting policies without significant changes during the reporting period[53].

Financial Performance - Total revenue for Q1 2017 was CNY 41,716,464.52, representing a 5.70% increase compared to CNY 39,465,885.11 in the same period last year[7] - Net profit attributable to shareholders decreased by 10.86% to CNY 15,610,207.04 from CNY 17,511,143.34 year-on-year[7] - Basic and diluted earnings per share both decreased by 18.18% to CNY 0.09 from CNY 0.11[7] - The net profit attributable to shareholders was 15.61 million yuan, a decrease of 10.86% year-on-year, mainly due to a decline in government subsidies and increased costs from new business collaborations and product development[27] - Net profit for Q1 2017 was CNY 13,144,644.88, a decrease of 22.1% from CNY 17,013,986.75 in Q1 2016[50] - The net profit attributable to shareholders of the parent company was CNY 15,610,207.04, down from CNY 17,511,143.34, representing a decline of 10.8%[50] Cash Flow - Net cash flow from operating activities was negative at CNY -13,818,154.57, a decline of 258.29% compared to CNY 8,729,648.50 in the previous year[7] - The company's cash flow from operating activities showed a net outflow, indicating potential challenges in operational efficiency[60] - Total cash inflow from operating activities was 51,830,368.04, compared to 49,129,750.27 in the previous period, reflecting a growth of approximately 5.5%[56] - Cash outflow from operating activities increased to 65,648,522.61 from 40,400,101.77, representing a significant rise of about 62.3%[56] - The net cash flow from investment activities was 36,437,337.82, recovering from a negative cash flow of -92,397,041.42 in the previous period[57] - The ending cash and cash equivalents balance was 245,559,437.06, up from 200,920,867.93 in the previous period[57] Assets and Liabilities - Total assets increased by 6.17% to CNY 794,777,037.90 from CNY 748,620,422.21 at the end of the previous year[7] - The total liabilities amounted to RMB 251,793,186.32, compared to RMB 219,222,644.10 at the beginning of the period, marking an increase of about 14.8%[43] - The company’s total assets reached RMB 794,777,037.90, up from RMB 748,620,422.21, indicating an increase of approximately 6.0%[44] - The company’s non-current assets totaled RMB 333,735,572.17, an increase from RMB 194,362,254.54, reflecting a growth of approximately 71.8%[42] Investments and Development - The company plans to enhance its service offerings for gamers and developers, focusing on both internal growth and external expansion[10] - The company will increase investment in new technology development to maintain its competitive edge and mitigate risks from technological obsolescence[13] - The company aims to strengthen its competitive position through external investments and acquisitions while managing associated risks[17] - The company is actively developing new technologies, including the "Intelligent Routing Acceleration Access System" and "Configuration Centralized Management System," aimed at enhancing its SCAP platform capabilities[28] - The company completed a cash acquisition of a 13.4% stake in Chengdu Yumoke Technology Co., Ltd. for a total transaction price of 217.08 million yuan[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,579[20] - The largest shareholder, Yuan Xu, holds 13.70% of shares, totaling 22,863,624 shares, with 12,941,100 shares pledged[20] Market Conditions - The PC online gaming market is entering an adjustment period, which may impact the company's growth rate and performance stability[11] - The mobile gaming market is rapidly evolving, with uncertainties regarding market demand and profitability models for acceleration products[12] Operational Efficiency - Management expenses increased by 41.23% to 16,716,784.34 RMB, mainly due to capitalized R&D project costs[26] - The company is committed to executing its annual business plan and enhancing product development and market promotion efforts[28] - The company has not reported any significant changes in its core assets or key personnel during the reporting period[28] Dividend and Retained Earnings - The company reported a cash dividend distribution plan for 2016, proposing a cash dividend of RMB 0.30 per 10 shares, based on a total of 166,830,400 shares[35] - The company’s retained earnings increased to RMB 86,853,786.55 from RMB 71,243,579.51, showing a growth of about 21.9%[44]

Financial Performance - The company's operating revenue for 2016 was ¥158,003,764.27, a decrease of 8.07% compared to ¥171,867,913.01 in 2015[18]. - The net profit attributable to shareholders for 2016 was ¥39,115,094.44, down 34.11% from ¥59,364,803.64 in 2015[18]. - The net profit after deducting non-recurring gains and losses was ¥26,287,411.14, a decline of 52.58% from ¥55,439,521.53 in 2015[18]. - The net cash flow from operating activities was ¥39,668,043.00, which is a decrease of 26.37% compared to ¥53,878,260.08 in 2015[18]. - The total assets at the end of 2016 were ¥748,620,422.21, an increase of 50.34% from ¥497,946,165.53 at the end of 2015[18]. - The net assets attributable to shareholders increased by 23.76% to ¥538,376,992.32 at the end of 2016 from ¥435,004,070.07 at the end of 2015[18]. - The company's operating profit decreased by 56.27% to ¥2,862.34 million[45]. - The company reported a total revenue of ¥158,003,764.27, representing a year-on-year decrease of 8.07%[55]. - The net profit attributable to shareholders was ¥3,911.51 million, down 34.11% year-on-year[45]. - The gross profit margin for the company's main product, the Xunyou Online Game Accelerator, was 68.28%, down 2.73% from the previous year[58]. User Engagement and Market Position - The company reported active paying users based on its backend statistics, indicating a focus on user engagement and monetization[11]. - The company has a cumulative registered user base of over 180 million, with approximately 3 million active paying users, indicating a high-value user group[39]. - The company has established itself as the industry leader in PC online game acceleration services and has a first-mover advantage in mobile game acceleration[34]. - The B2C model accounted for approximately 97.22% of the company's main business revenue, highlighting its significance in the revenue structure[29]. - As of December 2016, the number of online game users in China reached 417 million, accounting for 57.0% of the total internet users, an increase of 25.56 million from 2015[33]. - The number of mobile online game users increased to 352 million, representing a growth of 7.239 million from December 2015, and accounting for 50.6% of mobile internet users[33]. Product Development and R&D - The company is committed to developing new products and technologies to enhance its service offerings in the gaming sector[5]. - The company has established a cloud acceleration platform known as SCAP, which integrates smart technology and cloud computing[10]. - The company launched the "迅游手游加速器" in Q4 2015, gaining a first-mover advantage in the mobile acceleration market[48]. - The company completed the projects "光速大师2.0", "云网络运维系统", and "游戏优化助手" during the reporting period[46]. - The company increased its R&D investment, leading to a rise in costs due to new business collaborations and product development[47]. - Research and development expenses amounted to ¥34.39 million, accounting for 21.76% of operating revenue, an increase from 12.63% in the previous year[67]. Risks and Challenges - The company acknowledges risks related to the adjustment period of the PC online game acceleration market and uncertainties in the mobile acceleration market[5]. - The company highlights the potential impact of bandwidth rental price fluctuations and rising labor costs on its operations[5]. - The PC online game acceleration market is expected to face structural adjustments, potentially affecting the company's growth[93]. - The mobile game acceleration market presents uncertainties regarding demand and profitability, necessitating increased R&D and market promotion efforts[94]. - Risks include uncertainties in achieving strategic goals due to market competition and rapid technological changes[92]. Shareholder and Governance Policies - The company reported a profit distribution plan of 0.30 RMB per 10 shares (including tax) based on a total of 166,830,400 shares[5]. - The total cash dividend for 2016 amounts to RMB 5,004,912, representing 12.80% of the net profit attributable to ordinary shareholders[112]. - The company has maintained a consistent cash dividend policy, with previous years showing higher cash dividends relative to net profits[112]. - The company commits to a gradual reduction of shares post-lock-up, adhering to relevant regulations and providing a 3-day notice before any reduction[119]. - The company will not repurchase shares during the lock-up period and will ensure compliance with regulatory requirements for any future share reductions[120]. - The company emphasizes a long-term holding strategy for its shares, indicating confidence in its future prospects[117]. - The company will disclose any share reduction plans in accordance with exchange rules and regulations[120]. Strategic Initiatives and Future Plans - The company aims to leverage its investments and partnerships to achieve long-term strategic goals[51]. - Future strategies include expanding into the game service industry and optimizing existing acceleration technology and network nodes[90][91]. - The company plans to enhance its competitive edge by improving team building, R&D capabilities, and industry partnerships[88]. - The company plans to enhance its product line with new applications such as "Speed Master 2.0" and "Game Optimization Assistant" to improve user experience and market competitiveness[65]. - The company is exploring potential mergers and acquisitions to further enhance its growth strategy and market reach[196]. Compliance and Legal Matters - The company has not faced any penalties or rectification issues during the reporting period, reflecting compliance with regulations[142]. - The company has maintained good integrity status, with no outstanding court judgments or significant debts due[143]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[137]. - The company has committed to timely and sufficient disclosure if it fails to fulfill its public commitments, accepting public supervision and regulatory oversight[128]. - The company will ensure compliance with legal requirements regarding the issuance of shares and will take responsibility for any resulting penalties[126]. Financial Management and Investments - The company engaged in entrusted financial management with a total amount of 600,000 yuan, yielding a return of 3.94%[157]. - The company also invested 2,000,000 yuan in a non-principal guaranteed floating income product with a return of 2.48%[157]. - The total amount of entrusted financial management funds reached 131.6 million, with 97.95 million already recovered, resulting in a total return of 1,053.18 million[160]. - The company has plans for future entrusted financial management projects, indicating ongoing investment strategies[160]. - The company has no overdue principal or income from entrusted financial management, indicating effective management of financial products[160].

Financial Performance - Net profit attributable to shareholders reached ¥15,336,478.45, up 5.82% year-on-year[7] - Total operating revenue for the period was ¥38,699,845.50, down 11.24% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,606,474.73, a decrease of 10.70% year-on-year[7] - The weighted average return on net assets was 2.42%, down 15.84% from the previous year[7] - The net cash flow from operating activities decreased by 73.88% to ¥9,884,043.90[7] - The company achieved a total operating revenue of 115.53 million CNY for the first nine months of 2016, a decrease of 9.93% compared to the same period last year, primarily due to changes in the value-added tax rate[23] - The net profit attributable to shareholders for the first nine months of 2016 was 35.59 million CNY, down 20.92% year-on-year, mainly due to increased management expenses from stock incentive plans and higher costs from R&D and market promotion[23] - The company reported a net profit of 50 million yuan for Q3 2016, representing a 20% increase year-over-year[61] - The company’s basic earnings per share for the current period is ¥0.240, down from ¥0.34 in the previous period, representing a decrease of 29.4%[101] Assets and Liabilities - Total assets increased to ¥745,623,790.74, a 49.74% increase compared to the previous year[7] - Significant increase in cash and cash equivalents by 30.17%, reaching 131,817,924.12 RMB, mainly due to the redemption of bank wealth management products[21] - The total non-current assets increased to 201,659,432.15 from 145,418,508.82[81] - Total liabilities were CNY 234,990,361.17, significantly higher than CNY 52,135,247.56 in the previous period[86] - Owner's equity totaled CNY 505,833,588.92, compared to CNY 432,011,582.20 at the start of the year[86] Cash Flow - The operating cash flow for the current period is ¥9,884,043.90, significantly lower than ¥37,839,338.27 in the previous period, reflecting a decline of 73.8%[104] - The company received cash inflows from operating activities totaling ¥152,759,041.25, an increase from ¥144,506,235.60 in the previous period[104] - The company’s investment activities resulted in a net cash outflow of ¥186,774,895.43, an improvement from a net outflow of ¥260,095,798.01 in the previous period[105] - The total cash inflow from investment activities was ¥10,557,389.90, down from ¥70,487,316.40, indicating a significant decline of 85%[108] - The net cash flow from financing activities was ¥206,799,324.86, a decrease of 17.1% compared to ¥249,606,942.00 in the previous year[109] Market and Competitive Landscape - The company faces risks from the adjustment period of the PC online game acceleration market, which may affect growth[10] - The mobile game market's rapid development presents uncertainties regarding market demand and profitability for the company's mobile acceleration products[11] - The company plans to enhance competitiveness through external investments and acquisitions in the gaming industry[15] - The company plans to increase investment in new technology research and development to ensure technological leadership and reduce risks associated with technology substitution in the internet industry[31] - The company recognizes the potential for technology and product substitution to adversely affect market competitiveness and is focused on maintaining its technological edge[30] Shareholder and Stock Management - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[18] - The company reported a commitment to not transfer or manage shares for 12 months post-IPO, with specific conditions for share transfers thereafter[42] - Shareholders are restricted from transferring 50% of their shares within 24 months of the IPO[42] - The company has a plan for gradual share reduction after the lock-up period, adhering to regulatory requirements[44] - The company commits to strictly adhere to the profit distribution policy as per the articles of association, ensuring fair treatment of minority shareholders and public investors[48] Research and Development - The company is currently developing the "Cloud Network Operation and Maintenance System 2.0" and "Game Optimization Assistant," with expected completion by the end of 2016, aimed at enhancing product offerings and operational capabilities[26] - The company is investing 5 million RMB in R&D for new technologies aimed at enhancing user experience[55] - Investment in R&D increased by 30% compared to the previous quarter, focusing on enhancing technology capabilities[61] Future Outlook - Future guidance indicates an expected revenue growth of 18% for the next quarter, driven by increased user engagement and new product launches[55] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2017[61] - The management emphasized a commitment to maintaining a strong cash flow, with a target of 30 million RMB by the end of the fiscal year[55]

Financial Performance - The total operating revenue for the reporting period was CNY 76,830,660.60, a decrease of 9.26% compared to the same period last year[16]. - The net profit attributable to shareholders was CNY 20,254,262.34, down 33.63% year-on-year[16]. - The net profit after deducting non-recurring gains and losses was CNY 14,774,787.27, a decline of 51.58% compared to the previous year[16]. - The net cash flow from operating activities was CNY -9,258,305.28, a decrease of 146.70% year-on-year[16]. - The total assets at the end of the reporting period were CNY 710,466,913.30, an increase of 42.68% from the end of the previous year[16]. - The weighted average return on equity was 3.77%, down 15.62% from the previous year[16]. - The company's operating revenue for the reporting period was ¥76,830,660.60, a decrease of 9.26% compared to ¥84,668,768.02 in the same period last year, primarily due to the increase in VAT from 6% to 17% starting August 1, 2015[37]. - The total profit for the first half of 2016 was CNY 25,893,094.82, a decrease of 30.6% compared to CNY 37,290,202.63 in the same period of 2015[157]. - The net profit for the first half of 2016 was CNY 22,441,047.05, down 29.7% from CNY 31,950,197.25 year-on-year[157]. - Basic and diluted earnings per share were both CNY 0.14, compared to CNY 0.27 in the previous year, reflecting a decline of 48.1%[157]. Investment and R&D - The company's R&D investment increased by 54.99% to ¥14,861,032.21, driven by new projects such as "Light Speed Master" and the "Xunyou Game Optimization Assistant"[37]. - The company plans to enhance competitiveness through external investments and acquisitions in the gaming industry[27]. - The company is currently testing the "Xunyou Mobile Game Accelerator" on iOS and Android platforms, with over 10,000 games supported, and plans to commercialize it in the second half of the year[32]. - The company increased its R&D investment in 2016, with ongoing projects including "Cloud Network Operation System 2.0" expected to conclude by the end of 2016[48]. - The "Light Speed Master 2.0" project, aimed at enhancing personal broadband user experience, was completed in February 2016, targeting a growing market for bandwidth enhancement[49]. Market and Competitive Landscape - The company is focusing on expanding its market presence through partnerships and collaborations in the gaming industry[10]. - The mobile game acceleration market remains uncertain, with potential challenges in market share and profitability[23]. - The esports market is projected to generate $463 million in revenue in 2016, a 43% increase from 2015, indicating significant growth potential for the company[51]. - The mobile internet acceleration market is still in its early stages, with a growing demand for high-quality products to meet user needs[50]. - The company is facing risks from the adjustment period of the PC online gaming market, which may lead to performance fluctuations due to player attrition and market changes[54]. Financial Strategy and Management - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The company has not disclosed specific financial figures or performance metrics in the provided content[10]. - The company has not made any new investments during the reporting period, maintaining existing investments in one company and three investment funds[33]. - The company did not hold any equity in other listed companies or financial enterprises during the reporting period[70]. - The company engaged in entrusted financial management, with a total amount of 600 million RMB in non-principal-protected floating products, yielding a return of 5.83 million RMB[72]. - The company reported a total fundraising amount of 294.04 million yuan, with 18.63 million yuan invested during the reporting period and a cumulative investment of 210.87 million yuan[63]. - The company has a commitment to not plan any major asset restructuring for at least six months following the resumption of its stock trading on November 23, 2015[101]. - The company will ensure that any share reduction does not conflict with existing regulations from the securities regulatory authority[103]. Shareholder and Equity Information - The company completed the registration of the first grant of restricted stock, with a total of 6,050,400 shares issued, increasing the total registered capital to RMB 166,050,400[125]. - Major shareholders holding more than 5% include Yuan Xu with 13.77% (22,863,624 shares), Zhang Jianwei with 13.06% (21,694,200 shares), and Chen Jun with 9.88% (16,403,624 shares) all of whom have pledged their shares[132]. - The company has a total of 120,000,000 shares, with 51,010,694 shares under lock-up conditions and 75,039,706 shares released from lock-up[130]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[134]. - The company has a total of 3,610,400 shares under equity incentive lock-up conditions, which are being released according to the incentive plan[130]. Legal and Compliance - There were no significant litigation or arbitration matters during the reporting period, indicating a stable legal environment for the company[81]. - The company has not disclosed any other necessary information as required by regulatory authorities[128]. - The company will ensure that any amendments to the repurchase plan are approved by the shareholders' meeting with a two-thirds majority[115]. - The company will notify stakeholders of any potential competitive business opportunities and strive for collaboration under reasonable conditions[106].