Financial Performance - In 2021, the company's operating revenue was 110.0068 million yuan, with a total profit of 14.9630 million yuan and a net profit attributable to shareholders of 12.7778 million yuan [3] - The company achieved a significant increase in overseas revenue, which reached 3.9576 million yuan in 2021, representing a year-on-year growth of 196.90% compared to 2020 [3] Business Strategy - The company plans to actively develop new clients and expand new projects while providing quality service to existing contracts to enhance revenue from existing clients [5] - Future strategies include focusing on integrated design management projects and strengthening cooperation with leading developers to secure quality business channels [5] Market Position and Competition - The architectural design industry in China has become increasingly competitive, characterized by a mix of state-owned and private medium to large design firms, with many small firms as supplementary players [4] - The company's advantages include comprehensive architectural design capabilities, leading BIM design capabilities, and strong integrated design management skills [4][8] Risk Management - The company has implemented measures to manage accounts receivable risks, including thorough client assessments and various collection strategies [6] - The accounts receivable turnover days were 538 days in 2020 and 574 days in 2021, indicating a need for ongoing attention to cash flow management [6] Future Outlook - The company anticipates a shift in the construction and real estate industry from rapid growth to high-quality development, with a focus on stabilizing land prices and market expectations [5][8] - The management is optimistic about achieving sustainable development and maximizing shareholder value in the context of national infrastructure initiatives [7]

Financial Performance - The company's operating revenue for Q3 2022 was ¥23,739,180.49, representing a 19.30% increase compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 reached ¥7,384,651.26, a significant increase of 365.03% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,720,614.46, reflecting a remarkable growth of 1,721.78% compared to the previous year[6]. - Total operating revenue for the current period was ¥67,312,715.18, a decrease of 11.0% from ¥75,962,303.32 in the previous period[30]. - Net profit for the current period was ¥5,901,020.58, an increase of 13.5% compared to ¥5,197,524.74 in the previous period[30]. - The basic earnings per share remained stable at ¥0.04 for both periods[32]. Assets and Liabilities - The total assets as of the end of Q3 2022 amounted to ¥324,602,638.67, showing a slight increase of 0.51% from the end of the previous year[6]. - The company's total liabilities include accounts payable of ¥12,548,439.18, up from ¥11,221,414.74[23]. - The company reported a total liability of ¥25,270,304.76, down from ¥26,586,984.73 in the previous period[30]. - The total current assets are reported at ¥245,672,796.71, slightly down from ¥246,475,726.40[23]. - The accounts receivable increased to ¥118,442,670.51 from ¥104,143,518.24[21]. Cash Flow - Cash flow from operating activities for the year-to-date period was negative at -¥5,124,573.81, a decrease of 18.05% compared to the previous year[6]. - Cash flow from operating activities was ¥43,877,186.56, a decrease from ¥60,795,183.03 in the previous period[35]. - Net cash flow from operating activities was -$5.12 million, an improvement from -$6.25 million in the previous period[38]. - Cash outflow for investment activities decreased to $258.55 million from $337.86 million, resulting in a net cash flow of $16.12 million, a significant recovery from -$81.21 million[38]. - Cash paid to employees decreased to $31.29 million from $43.77 million, indicating cost management efforts[38]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 4,425[17]. - The largest shareholder, Huatu Hongyang Investment Co., Ltd., holds 51.00% of shares, totaling 71,648,100 shares[17]. - The company has a total of 10 major shareholders, with the top three holding a combined 70.72% of shares[17]. Investment and Growth - The company reported a 51.41% increase in investment income, totaling ¥2,306,268.03 for the year-to-date period[13]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[6]. - Research and development expenses were not specified but are a focus area for future growth[30]. - The company experienced a 432.36% increase in right-of-use assets, amounting to ¥3,028,222.47 due to relocation of its Beijing branch[12]. Other Financial Metrics - The weighted average return on equity for Q3 2022 was 2.50%, up from 1.95% in the same period last year[6]. - Other comprehensive income after tax was reported at -¥124,256.73, compared to -¥85,216.00 in the previous period[32]. - Cash paid for taxes increased to $7.09 million from $6.08 million, reflecting higher tax obligations[38]. - Cash inflow from investment income rose to $2.18 million from $1.52 million, showing improved investment performance[38].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥43,573,534.69, a decrease of 22.28% compared to ¥56,063,635.56 in the same period last year[29]. - The net profit attributable to shareholders of the listed company was -¥1,483,630.68, representing a decline of 141.10% from ¥3,609,528.03 in the previous year[29]. - The basic earnings per share were -¥0.01, down 133.33% from ¥0.03 in the same period last year[29]. - The total profit for the period was CNY -2.72 million, reflecting a year-on-year decline of 162.63%, while the net profit attributable to shareholders was CNY -1.48 million, down 141.10% year-on-year[49]. - The company reported a net cash flow from operating activities of -¥3,605,242.83, a significant decline compared to ¥2,721,262.21 in the same period last year, marking a 232.48% decrease[29]. - The company's total comprehensive income for the first half of 2022 was not disclosed, but the decrease in revenue and profit margins suggests a challenging operating environment[196]. Assets and Liabilities - The total assets at the end of the reporting period were ¥318,661,881.49, a decrease of 1.33% from ¥322,952,284.19 at the end of the previous year[29]. - The net assets attributable to shareholders of the listed company were ¥291,947,682.65, down 1.49% from ¥296,365,299.46 at the end of the previous year[29]. - The company's total assets amounted to CNY 318,661,881.49, a slight decrease from CNY 322,952,284.19 at the beginning of the year[182]. - The company's cash and cash equivalents decreased to CNY 33,479,707.29 from CNY 41,421,538.82, reflecting a decline of approximately 19.5%[182]. - Accounts receivable increased to CNY 106,166,893.12 from CNY 104,143,518.24, showing a growth of about 2%[182]. - The total current liabilities rose to CNY 12,574,072.10 from CNY 11,221,414.74, indicating an increase of approximately 12.1%[185]. Business Operations - The company is focusing on new product development and market expansion strategies to improve performance[29]. - The company's main business involves architectural engineering design and consulting services, covering various project types including residential and public buildings[41]. - The company operates through two main business acquisition models: bidding and client commissioning, with a focus on maintaining quality and efficiency in project execution[44]. - The company actively expanded its client base and secured new quality projects while maintaining service for existing contracts, focusing on optimizing design during project operations[50]. - The company has established a multi-layered quality control system to ensure the quality of design services, involving various levels of review and oversight[45]. Market Environment - The overall economic environment remains complex, with GDP growth at 2.5% year-on-year for the first half of 2022, indicating significant pressure on the construction and real estate sectors[39]. - The real estate industry saw a 5.4% year-on-year decline in development investment from January to June 2022, with new construction area down 34.4% and sales area down 22.2%[39]. - The architectural design industry is transitioning from high-speed growth to high-quality development, necessitating adjustments in operational strategies[40]. - The real estate sector's cash flow management pressures have increased, leading to longer payment cycles and reduced project progress, impacting design firms[40]. Risks and Challenges - The company faces significant risks in its future operations, as outlined in the management discussion and analysis section[5]. - The company faces risks related to industry policy changes and increasing accounts receivable, with measures in place to mitigate these risks[83]. - The company faces risks of declining product gross margins if operational efficiency in project management is not improved[85]. - Future growth is influenced by macroeconomic factors, industry prospects, competition, and innovation capabilities[85]. - Ongoing pandemic risks may adversely affect normal business operations, depending on the progress and duration of pandemic control measures[86]. Shareholder and Governance - The company actively protects shareholder rights and ensures fair information disclosure to all investors[100]. - The company has committed to reducing and avoiding related party transactions, ensuring fair treatment for all shareholders[108]. - The company has pledged to maintain independence, ensuring that key management personnel do not hold positions in other companies controlled by the major shareholders[111]. - The company has a commitment to avoid competition with its own business, ensuring no direct or indirect competition arises from its major shareholders[111]. - The company will prioritize cash dividends over stock dividends, ensuring that cash dividends are at least 20% of the distributable profits if there are significant capital expenditures[120]. Financial Management - The company has committed to enhancing its profitability and service capabilities, aiming to expand its brand influence and related design services[123]. - The company will implement a proactive profit distribution policy, ensuring reasonable returns to investors and maintaining continuity and stability[123]. - The company has committed to measures to compensate for any dilution of immediate returns to shareholders[123]. - The company will ensure that any adjustments to the profit distribution policy are well-justified and communicated to shareholders[120]. - The company has committed to independent tax compliance and financial management practices[113].

Financial Performance - The company's operating revenue for Q3 2021 was ¥19,898,667.76, a decrease of 35.07% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥1,587,996.71, down 63.31% year-on-year, while the net profit excluding non-recurring gains and losses was -¥414,397.09, a decrease of 110.14%[5]. - Total operating revenue for the current period is ¥75,962,303.32, a decrease of 11.3% from ¥86,039,014.40 in the previous period[29]. - Total operating costs for the current period are ¥68,440,403.40, down 17.6% from ¥83,030,570.77 in the previous period[29]. - Net profit for the current period is ¥5,197,524.74, compared to ¥1,565,894.52 in the previous period, representing a significant increase[32]. - Basic and diluted earnings per share for the current period are both ¥0.04, up from ¥0.01 in the previous period[36]. Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥328,880,631.09, reflecting a 2.64% increase from the end of the previous year[5]. - Total assets amount to ¥328,880,631.09, an increase from ¥320,431,449.15 in the previous period[28]. - Total liabilities are ¥39,779,519.61, compared to ¥32,228,052.31 in the previous period, indicating an increase[28]. - Total liabilities amounted to 32,228,052.31, a decrease from 35,334,079.84, reflecting a reduction of 3,106,027.53[50]. - Total equity attributable to shareholders reached 288,203,396.84, remaining stable compared to previous figures[50]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥6,253,234.09, a decrease of 63.02% compared to the previous year[5]. - Operating cash inflow for the current period was $64,678,403.23, down 35.8% from $100,815,223.19 in the previous period[40]. - Net cash outflow from operating activities was -$6,253,234.09, compared to -$3,835,946.89 in the previous period, indicating a worsening cash flow situation[40]. - Cash inflow from investment activities totaled $256,653,485.06, significantly higher than $210,451.46 in the previous period[40]. - Cash outflow from financing activities was $6,173,809.69, a decrease of 86.1% from $44,455,730.58 in the previous period[43]. - The ending cash and cash equivalents balance was $24,339,070.68, down 76.1% from $101,968,277.58 in the previous period[43]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 4,849[14]. - The largest shareholder, Huatu Hongyang Investment Co., Ltd., holds 30.08% of the shares, totaling 42,432,000 shares[14]. - The total number of shares held by the top ten shareholders with unrestricted shares is 42,432,000[14]. - The total number of shares held by the top shareholder, Che Lu, is 30.08%, with 23,223,421 shares under lock-up[18]. - The company has a total of 31,428,046 shares under lock-up agreements, with specific conditions for executives[18]. Financial Adjustments and Changes - The company reported a significant increase in receivables, with notes receivable rising by 57.89% to ¥4,228,515.75[11]. - The company’s financial expenses decreased by 66.88% year-on-year, primarily due to interest income from structured deposits[11]. - The investment income for the year-to-date period increased significantly, attributed to higher interest income from structured deposits[11]. - The company’s cash flow from investing activities saw a dramatic increase of 121,853.77% due to the recovery of structured deposit principal[11]. - The company reported a financial income of ¥434,221.22, down from ¥1,613,092.93 in the previous period[32]. - The company experienced a credit impairment loss of ¥-3,355,488.88, compared to a gain of ¥1,174,808.06 in the previous period[32]. Other Information - The company has not reported any new strategies or market expansions in the current quarter[19]. - Research and development expenses were not specified but are a focus area for future growth[32]. - The company has implemented a new leasing standard effective from January 1, 2021, which may impact future financial reporting[53]. - The third quarter report for 2021 was not audited, which may affect the reliability of the financial data presented[54].

Financial Performance - The company's operating revenue for 2021 was ¥110,006,824.99, a decrease of 12.31% compared to ¥125,453,390.71 in 2020[5]. - The net profit attributable to shareholders for 2021 was ¥12,777,843.31, down 9.78% from ¥14,163,744.89 in 2020[5]. - The net profit after deducting non-recurring gains and losses was ¥6,179,147.73, a significant decline of 57.69% compared to ¥14,603,988.25 in 2020[5]. - The net cash flow from operating activities was ¥2,825,688.20, a decrease of 76.96% from ¥12,266,611.93 in 2020[5]. - The total assets at the end of 2021 were ¥322,952,284.19, reflecting a slight increase of 0.79% from ¥320,431,449.15 at the end of 2020[5]. - The net assets attributable to shareholders at the end of 2021 were ¥296,365,299.46, up 2.83% from ¥288,203,396.84 at the end of 2020[5]. - The company reported a basic earnings per share of ¥0.09 for 2021, down 10.00% from ¥0.10 in 2020[5]. - The total profit amounted to ¥1,496.30 million, down 15.85% year-on-year, while net profit attributable to shareholders was ¥1,277.78 million, a decline of 9.78%[50]. - The company achieved operating revenue of ¥110,006,824.99, a year-on-year decrease of 12.31%[50]. - The gross profit margin for the main business was 40.71%, an increase of 7.06% year-on-year[50]. - The company reported a total revenue of 5,967,000 in the last fiscal year, with a significant portion attributed to the acquisition of shares from Huatuo Hongyang Investment Co., Ltd.[127]. Cash Dividend - The company plans to distribute a cash dividend of 0.20 RMB per 10 shares to all shareholders, totaling approximately 28.1 million RMB based on 140,486,470 shares[8]. - The company distributed a cash dividend of 0.30 yuan per 10 shares, totaling 4,214,594.10 yuan based on 140,486,470 shares[172]. - The company plans to distribute a cash dividend of 0.20 yuan per 10 shares, totaling 2,809,729.40 yuan, based on a share capital of 140,486,470 shares[176]. - The total cash dividend represents 100% of the distributable profit of 96,969,983.37 yuan[176]. Corporate Governance - The company’s board of directors and management have confirmed the accuracy and completeness of the annual report, assuming legal responsibility for its content[6]. - The company held one annual and one extraordinary shareholders' meeting during the reporting period, passing a total of 24 resolutions[106]. - The board of directors completed its re-election process, consisting of 9 members, including 3 independent directors, in compliance with legal requirements[106]. - The company published 4 periodic reports and 58 announcements in 2021, ensuring timely and accurate information disclosure[109]. - The independent directors actively participated in meetings and provided independent opinions on significant matters, ensuring compliance and governance[106]. - The governance structure of the company aligns with the requirements set by the Company Law and relevant regulations, with no significant discrepancies[109]. - The company emphasizes the protection of investor rights and promoted a value investment philosophy through effective communication[109]. - The company operates independently from its controlling shareholders in terms of assets, personnel, finance, and business, ensuring a complete and autonomous operational capability[110]. - The company has established a complete and independent financial accounting department, enabling it to make independent financial decisions and manage its own bank accounts[110]. - The company has established comprehensive management systems and responsibilities across its departments, ensuring operational independence[110]. Market and Industry Insights - The company noted that the construction design industry is facing increased cash flow management pressures due to real estate market regulations and project delays[41]. - In 2021, China's GDP reached 114 trillion yuan, growing by 8.1%, providing a solid foundation for the architectural design industry[46]. - The total construction area of housing in China was 15.755 billion square meters in 2021, an increase of 5.41% year-on-year, while the completed housing area was 4.083 billion square meters, up 6.11% year-on-year[46]. - The average price of new residential properties in China reached 10,396 yuan per square meter in 2021, marking a year-on-year increase of 4.2%[46]. Employee and Management Structure - The total number of employees at the end of the reporting period was 224, with 180 in the parent company and 44 in major subsidiaries[166]. - The professional composition of employees includes 158 technical personnel, 12 sales personnel, 11 financial personnel, and 43 administrative personnel[166]. - The company has a total of 22 individuals serving as directors, supervisors, and senior management during the reporting period[141]. - The total remuneration for directors, supervisors, and senior management in 2021 amounted to 3.9974 million yuan, which includes social security and provident fund contributions[141]. - The company has implemented a performance evaluation system to enhance team performance assessment indicators for 2021[170]. - The company plans to continue internal training as the primary method for enhancing professional skills and service quality in 2022[171]. Strategic Initiatives - The company aims to enhance its design resource integration capabilities and strengthen comprehensive design management to maximize project value[95]. - The company plans to invest in new technologies such as BIM design, green buildings, and prefabricated construction to support innovation and comprehensive capabilities[95]. - The company is focusing on expanding its market presence and enhancing its product offerings as part of its strategic initiatives moving forward[131]. - The company is committed to maintaining transparency and accountability in its financial reporting and corporate governance practices[131]. - The company plans to explore potential mergers and acquisitions to enhance its competitive position in the market[131]. - The company is optimistic about future growth prospects, driven by strategic initiatives and a focus on operational efficiency[131]. Risk Management - The company faces risks related to industry policy changes, increased accounts receivable, and potential declines in gross profit margins due to project management inefficiencies[99]. - The company has established a project risk warning mechanism to monitor and manage potential financial risks from key developers[53]. Social Responsibility - The company has a commitment to environmental and social responsibility, as indicated in the annual report[19]. - The company emphasizes social responsibility, focusing on sustainable development and green building practices[199]. - The company actively engages with investors through online performance briefings and collective reception days to enhance transparency[199].

Financial Performance - The company's operating revenue for Q1 2021 was ¥23,741,486.52, representing a 4.37% increase compared to ¥22,746,921.53 in the same period last year[9]. - Net profit attributable to shareholders was ¥856,342.27, a significant turnaround from a loss of ¥7,996,373.42, marking a 110.71% improvement[9]. - The net profit after deducting non-recurring gains and losses was ¥576,782.38, compared to a loss of ¥6,013,393.06, reflecting a 109.59% increase[9]. - Basic earnings per share were ¥0.01, up 110.00% from -¥0.10 in the same period last year[9]. - Total operating revenue for the current period reached ¥23,741,486.52, an increase of 4.37% compared to ¥22,746,921.53 in the previous period[56]. - Net profit for the current period was ¥856,342.27, a significant recovery from a net loss of ¥7,996,373.42 in the previous period[62]. - Earnings per share (EPS) for the current period was ¥0.01, compared to a loss per share of ¥0.10 in the previous period[66]. - The company reported a decrease in research and development expenses, contributing to improved profitability[59]. - The company achieved a gross profit margin improvement due to lower operating costs[59]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥2,647,283.92, a reduction of 84.39% from -¥16,962,227.45 in the previous year[9]. - Cash and cash equivalents decreased by 65.05% to 43.71 million yuan compared to the beginning of the year[24]. - The company reported a significant increase in investment cash inflow of 21,187.25% to 50.15 million yuan, primarily due to the recovery of structured deposit principal[24]. - The cash outflow from operating activities decreased by 37.54% to 25.38 million yuan, mainly due to reduced labor costs[24]. - Cash flow from operating activities shows a net outflow of -2,647,283.92, improving from -16,962,227.45 in the previous period[78]. - Cash inflow from investment activities is 50,154,824.55, with a net outflow of -79,921,975.45 for the current period[78]. - Cash and cash equivalents at the end of the period amount to 35,285,658.24, down from 132,822,373.75 in the previous period[80]. - The company reported a decrease in cash and cash equivalents of -82,810,467.48 during the period[84]. Assets and Liabilities - Total assets at the end of the reporting period were ¥325,115,313.18, an increase of 1.46% from ¥320,431,449.15 at the end of the previous year[9]. - The total current assets reached CNY 242,782,566.52, slightly up from CNY 241,066,157.86, indicating a growth of about 0.71%[40]. - The total liabilities of the company as of March 31, 2021, were CNY 36,055,574.07, compared to CNY 32,228,052.31 at the end of 2020, marking an increase of approximately 11.5%[46]. - Total liabilities increased to ¥45,346,456.29 from ¥40,969,097.74, marking an increase of approximately 10.5%[56]. - The total owner's equity remained unchanged at 288,203,396.84[89]. - The company's total current liabilities increased from 32,228,052.31 to 35,334,079.84, reflecting a rise of 3,106,027.53[86]. Shareholder Information - The top shareholder, Huatu Hongyang Investment Co., Ltd., held 30.08% of the shares, totaling 42,432,000 shares[14]. - The total number of ordinary shareholders at the end of the reporting period was 4,651[14]. Strategic Initiatives - The company plans to enhance brand building and core competitiveness while closely tracking national industry development trends[27]. - The company plans to expand its market presence and invest in new product development in the upcoming quarters[62]. Supplier and Customer Dynamics - The top five suppliers accounted for 53.84% of total purchases in Q1 2021, down from 60.78% in the same period last year[28]. - The top five customers contributed sales of 8.61 million yuan, which is a decrease from 10.95 million yuan in Q1 2020[29].

Financial Performance - The company achieved operating revenue of ¥56,063,635.56, a year-on-year increase of 1.21%[40]. - The net profit attributable to shareholders was ¥3,609,528.03, representing a significant increase of 230.68% compared to the previous year[40]. - The net profit after deducting non-recurring gains and losses was ¥2,721,262.21, up 398.81% year-on-year[40]. - The total assets at the end of the reporting period were ¥326,712,293.45, an increase of 1.96% from the beginning of the year[40]. - The net assets attributable to shareholders decreased by 0.24% to ¥287,522,727.45 compared to the end of the previous year[40]. - The company reported a basic earnings per share of ¥0.03, compared to a loss of ¥0.02 in the same period last year, marking a 250.00% improvement[40]. - The cash flow from operating activities showed a net outflow of ¥5,559,639.72, which is a 19.36% improvement from the previous year's outflow[40]. - The company's revenue for the reporting period was ¥56,063,635.56, representing a year-on-year increase of 1.21% compared to ¥55,390,744.37 in the same period last year[66]. - The company's gross profit margin improved by 12.00% year-on-year, with operating costs decreasing by 14.54% to ¥36,496,358.52 from ¥42,704,787.18[66]. - The average output per designer increased by 36.80% to ¥323,100, reflecting enhanced productivity[57]. Operational Challenges - The company reported a significant impact from national macro policies on the real estate sector, which affects its operational performance[7]. - The company faces risks related to accounts receivable increases and potential bad debts due to industry changes[11]. - The company anticipates challenges in maintaining gross profit margins if operational efficiency is not improved[12]. - The company is subject to ongoing risks from the COVID-19 pandemic, which may lead to temporary slowdowns in industry activities[14]. - The company faced pressure on cash flow management due to extended payment cycles from real estate companies, impacting collection rates significantly in the second quarter[53]. - The total accounts receivable increased to ¥116,840,793.97, accounting for 35.76% of total assets, up from 32.92% the previous year[71]. - The company has implemented measures to enhance accounts receivable collection to address the risk of increased accounts receivable and bad debts[94]. - The company aims to improve project management efficiency to counter the risk of declining gross margins[95]. Strategic Initiatives - The company continues to focus on architectural engineering design and related consulting services, with no significant changes in its business model during the reporting period[51]. - The company signed new projects with major developers, including a design project for the Colombo Port City in Sri Lanka, indicating successful market expansion[57]. - The establishment of a wholly-owned subsidiary in Chengdu aims to focus on high-end creative design, enhancing the company's service capabilities[57]. - The company has accumulated experience in prefabricated construction and plans to increase investment in green energy and prefabricated buildings[61]. - The company is actively expanding into non-traditional real estate markets to mitigate policy risks[91]. - The company is focusing on enhancing its core competitiveness in architectural design and technology to ensure sustainable growth[95]. Corporate Governance and Compliance - The company has committed to reducing and avoiding related party transactions, ensuring fair pricing and compliance with legal regulations[114]. - The company has pledged to maintain independence, ensuring that its management and financial operations are not influenced by controlling shareholders or related entities[116]. - The company has established a clear framework for financial independence, including separate bank accounts and financial decision-making processes[116]. - The company has committed to timely and accurate information disclosure regarding any share reductions or related transactions[114]. - The company has established a detailed profit distribution policy to ensure stable returns to investors[124]. - The company has committed to compensating any direct or indirect losses incurred by the company due to non-compliance with its commitments[116]. - The company has maintained normal performance in fulfilling its commitments as of the reporting period[114]. - The company has not engaged in any major related party transactions during the reporting period[136]. Shareholder Information - The total number of shares before the change was 141,047,370, with 22.28% being restricted shares and 77.72% being unrestricted shares[157]. - The number of restricted shares held by major shareholders includes 23,223,421 shares held by Che Lu, representing 21.95% of the total shares[160]. - The company has 5,717 shareholders, with the largest shareholder, Huatu Hongyang Investment Co., holding 30.08% of the shares[163]. - There were no new shares issued or changes in the number of restricted shares during the reporting period[159]. - The company reported no changes in the number of shares held by foreign investors, maintaining a 0% stake[157]. - The total number of unrestricted shares remains at 109,619,324, which is 77.72% of the total shares[157]. - The company has not implemented any share buyback programs during the reporting period[157]. - There are no plans for new share issuance or changes in shareholding structure announced in the report[165]. Social Responsibility - The company emphasizes social responsibility by promoting green and low-carbon building practices, achieving certifications for multiple projects[108]. - Employee welfare is prioritized, with supplemental medical insurance and annual health check-ups provided[110]. - There were no environmental penalties or issues reported during the reporting period[106].

Financial Performance - The company reported a significant increase in revenue, with total revenue reaching 1.2 billion RMB, representing a year-on-year growth of 15%[19]. - The company's operating revenue for 2021 was ¥110,006,824.99, a decrease of 12.31% compared to ¥125,453,390.71 in 2020[5]. - The net profit attributable to shareholders for 2021 was ¥12,777,843.31, down 9.78% from ¥14,163,744.89 in 2020[5]. - The net profit after deducting non-recurring gains and losses was ¥6,179,147.73, a significant decline of 57.69% compared to ¥14,603,988.25 in 2020[5]. - The total profit amounted to ¥1,496.30 million, down 15.85% year-on-year, while net profit attributable to shareholders was ¥1,277.78 million, a decline of 9.78%[50]. - The company achieved operating revenue of ¥110,006,824.99, a year-on-year decrease of 12.31%[50]. - The company reported a total revenue of 5,967,000 in the last fiscal year, with a net profit of 1,491,543, indicating a significant performance in financial metrics[127]. - The company reported a significant increase in revenue, achieving a total of 32 million in the last fiscal year, representing a growth of 15% year-over-year[136]. Cash Flow and Dividends - The company plans to distribute a cash dividend of 0.20 RMB per 10 shares to all shareholders, totaling approximately 28.1 million RMB based on 140,486,470 shares[8]. - The company distributed a cash dividend of 0.30 yuan per 10 shares, totaling 4,214,594.10 yuan based on 140,486,470 shares[173]. - The total cash dividend represents 100.00% of the distributable profit of 96,969,983.37 yuan[177]. - The cash dividend distribution plan is subject to approval by the shareholders' meeting after being reviewed by the board of directors[177]. Market Expansion and Strategy - The company is focusing on expanding its market presence, particularly in urban complex projects, which are expected to drive future growth[19]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its service offerings[19]. - The company aims to increase its workforce by 10% in the upcoming year to support its expansion plans[19]. - The company plans to expand its market presence and enhance product offerings, focusing on new technology development and strategic acquisitions[131]. - The company is committed to expanding its overseas projects in response to the Belt and Road Initiative and aims to become a creative-driven comprehensive design platform operator[94]. Technology and Innovation - The company is investing in new technologies, including Building Information Modeling (BIM), to enhance project efficiency and accuracy[16]. - The company continues to focus on the application of new technologies, including VR in architectural creativity[50]. - The company plans to invest in new technologies such as BIM design, green buildings, and prefabricated construction to support innovation and comprehensive capabilities[94]. - The company is investing in new technologies, allocating 2 million for research and development to improve its service offerings[136]. Governance and Corporate Structure - The company is committed to enhancing its corporate governance practices to ensure transparency and accountability[19]. - The company has established a sound internal management and control system, continuously improving its governance practices[105]. - The company’s governance structure complies with relevant laws and regulations, ensuring effective oversight and protection of shareholder rights[108]. - The board of directors has approved a new strategy to diversify revenue streams, targeting a 20% contribution from non-core business areas by the end of the fiscal year[136]. - The company has established a comprehensive governance structure and internal control system in compliance with relevant laws and regulations[195]. Employee Management and Development - The company has implemented a performance evaluation system to enhance team performance and align employee incentives with corporate goals[171]. - The company plans to continue internal training for design personnel while also participating in external training organized by regulatory bodies and industry associations[172]. - The total number of employees at the end of the reporting period is 224, with 180 in the parent company and 44 in major subsidiaries[167]. - The professional composition includes 12 sales personnel, 158 technical personnel, 11 financial personnel, and 43 administrative personnel[167]. Risk Management - The company has identified key risks for future operations, including market competition and regulatory changes, which could impact performance[8]. - The company established a project risk warning mechanism to monitor and manage potential financial risks from key developers[53]. - The company faces risks related to industry policy changes, increased accounts receivable, and potential declines in gross profit margins due to project management inefficiencies[98]. Customer Engagement and Market Demand - The company reported a significant increase in user engagement metrics, reflecting a growing customer base and market demand[127]. - User data indicates a rise in active users, with a 20% increase compared to the previous year, reaching a total of 1.2 million active users[136]. - The company has established partnerships with local educational institutions, which are expected to drive a 30% increase in enrollment numbers[136].

Financial Performance - The company's operating revenue for 2021 was ¥110,006,824.99, a decrease of 12.31% compared to 2020[25]. - The net profit attributable to shareholders for 2021 was ¥12,777,843.31, down 9.78% from the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥6,179,147.73, reflecting a significant decline of 57.69% year-over-year[25]. - The net cash flow from operating activities was ¥2,825,688.20, a decrease of 76.96% compared to 2020[25]. - The total assets at the end of 2021 amounted to ¥322,952,284.19, showing a slight increase of 0.79% from the end of 2020[25]. - The net assets attributable to shareholders increased by 2.83% to ¥296,365,299.46 at the end of 2021[25]. - The basic earnings per share for 2021 was ¥0.09, a decrease of 10.00% from the previous year[25]. - The diluted earnings per share also stood at ¥0.09, reflecting the same percentage decrease[28]. - The company reported a total of ¥6,598,695.58 in non-recurring gains for 2021[35]. - The company achieved operating revenue of 110,006,824.99 yuan, a year-on-year decrease of 12.31%[51]. - The net profit attributable to shareholders was 1,277.78 million yuan, down 9.78% year-on-year[51]. - The gross profit margin for the main business was 40.71%, an increase of 7.06% compared to the previous year[51]. - The average number of design personnel decreased by 19.05% to 170, while the per capita output value increased by 4.68% to 610,900 yuan[51]. - The company reported a significant increase of 117.56% in other business income, totaling 6,197,139.39 yuan[55]. - The revenue from residential projects decreased by 36.05% to 42,597,635.97 yuan, while revenue from urban complexes increased by 22.56% to 24,348,676.55 yuan[55]. - The company's total revenue for the design segment was approximately ¥103.81 million, a decrease of 15.33% year-over-year[59]. - Public architecture revenue reached ¥31.12 million, showing a growth of 6.67% compared to the previous year[59]. - The Southwest region accounted for ¥72.17 million in revenue, down 15.23% from the previous year[59]. - Direct sales contributed 100% of the revenue, totaling ¥110.01 million, which is a decline of 12.31% compared to the previous year[59]. - The company reported a significant increase in revenue from other businesses, which rose by 117.56% to ¥6.20 million[59]. Dividend Distribution - The company plans to distribute a cash dividend of 0.20 RMB per 10 shares to all shareholders, totaling 140,486,470 shares[8]. - The company distributed a cash dividend of 0.30 CNY per 10 shares, totaling 4,214,594.10 CNY based on a total share base of 140,486,470 shares[171]. - The cash dividend accounted for 100% of the total distributable profit of 96,969,983.37 CNY[173]. - The company plans to distribute a cash dividend of 0.20 CNY per 10 shares, totaling 2,809,729.40 CNY, based on 140,486,470 shares[176]. Corporate Governance - The company held 1 annual general meeting and 1 extraordinary general meeting during the reporting period, passing a total of 24 resolutions[104]. - The board of directors completed the election of the fourth board, consisting of 9 members, including 3 independent directors, in compliance with legal requirements[104]. - The company held 9 board meetings, passing a total of 41 resolutions, ensuring compliance with relevant laws and regulations[107]. - The supervisory board held 6 meetings, with all resolutions legally valid and in accordance with regulations[107]. - The company published 4 periodic reports and 58 announcements in 2021, ensuring timely and accurate information disclosure[107]. - The company maintains an independent business system, with no reliance on shareholders or related parties for operations[108]. - The company has established independent governance structures, including a general meeting, board of directors, and supervisory board[108]. - The independent directors actively participated in meetings and provided independent opinions on significant matters[107]. - The company has a robust internal control system, ensuring compliance with laws and regulations in its operations[107]. - The annual shareholders meeting had a participation rate of 59.79% on May 17, 2021[111]. - The company approved the 2020 annual financial report and profit distribution plan during the annual shareholders meeting[111]. - The first extraordinary shareholders meeting in 2021 had a participation rate of 73.09% on November 17, 2021[112]. - The company approved the proposal to cancel repurchased shares and reduce registered capital during the first extraordinary shareholders meeting[112]. - The board of directors and supervisory board elections were conducted, with new candidates nominated for the fourth board[112]. - The company has not experienced any resignations of directors, supervisors, or senior management during the reporting period[124]. - The term of the current board members and senior management is set to end on November 16, 2024[120]. - The company has made amendments to various internal governance rules, including the shareholder meeting rules and board meeting rules[111]. - No changes in shareholding were reported for the board members during the reporting period[120]. - The company continues to maintain a stable governance structure with no differential voting rights arrangements[117]. - The company appointed new board members on November 17, 2021, including Zhang Shiyou as Chairman and Wu Zhenggang as Co-Chairman[128]. - The company reported a total share reduction of 5,967,000 shares through the acquisition by Huatuo Hongyang Investment Co., Ltd., with a total value of approximately 4,475,457[125]. - The company has undergone a complete board and supervisory committee reshuffle, with all previous members leaving their positions on November 17, 2021[128]. - The company’s new management team includes Wang Qiang as General Manager and Zhang Dan as Deputy General Manager and Secretary of the Board, both appointed on November 17, 2021[128]. - The company is focused on ensuring timely and efficient decision-making to protect the rights of all shareholders[156]. - The board approved the 2021 first quarter report on April 26, 2021[147]. - The company is actively monitoring its operational compliance and governance practices[156]. - The board approved the 2021 semi-annual report on August 9, 2021[150]. - The board did not receive any objections from directors regarding company matters during the reporting period[155]. - The board is committed to maintaining a high level of diligence and responsibility in its operations[156]. Risk Management - The company emphasizes the importance of risk awareness in its future business operations[8]. - The company is actively tracking industry trends and has established a project risk warning mechanism to manage potential defaults from major developers[54]. - The company faces risks related to industry policy changes, increased accounts receivable, and potential declines in gross profit margins due to operational inefficiencies[97]. - The company is committed to improving its governance structure and internal management systems to enhance operational efficiency and risk control[93]. - The company will closely monitor industry trends and manage risks effectively in response to the evolving economic landscape[93]. Strategic Initiatives - The company is focusing on integrating design and construction services, aligning with national strategies for urbanization and green building innovations[46]. - The company aims to enhance its design resource integration capabilities and improve comprehensive design management to maximize project value[93]. - The company plans to invest in new technologies such as BIM design, green buildings, and prefabricated construction to support innovation and comprehensive capabilities[93]. - The company is focusing on expanding its market presence and enhancing its product offerings as part of its strategic initiatives[127]. - The company has emphasized the importance of new product development and technological innovation in its future growth strategy[127]. - The company aims to improve operational efficiency and increase shareholder value through strategic acquisitions and partnerships[127]. - The company plans to leverage its existing resources to explore new business opportunities and enhance its competitive edge in the market[127]. Employee Management - The total number of employees at the end of the reporting period was 224, with 158 in technical roles, 12 in sales, 11 in finance, and 43 in administration[166]. - The company has a total of 22 employees with a master's degree or higher, and 166 with a bachelor's degree[166]. - The company plans to continue internal training as the primary method for enhancing professional skills, supplemented by external training[168]. - The company has established a performance evaluation system to incentivize employees based on team and individual performance metrics[167]. - The total remuneration for directors, supervisors, and senior management in 2021 amounted to 3.9974 million yuan, which includes social security and provident fund contributions[138]. - The company had 22 individuals serving as directors, supervisors, and senior management during the reporting period[138]. - Wang Qiang, the general manager, received a total remuneration of 76.23 thousand yuan in 2021[143]. - The company’s board of directors includes 6 members, with 4 of them receiving remuneration from related parties[139]. - The remuneration structure for directors and senior management consists of basic salary, bonuses, and social security contributions, with bonuses linked to company performance[138]. - The company completed the election of the supervisory board on November 17, 2021, following the departure of a supervisor[142]. - The company has a total of 10 independent directors, with some receiving remuneration from related parties[139]. - The financial director, Zheng Tianxiang, received a remuneration of 51.38 thousand yuan in 2021[143]. - The company’s remuneration policy is based on job level and performance, ensuring alignment with company objectives[138]. Internal Control and Compliance - The company has established a comprehensive internal control system in compliance with regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange[177]. - The board of directors is responsible for formulating annual financial budgets and profit distribution plans, ensuring clear governance structures[178]. - The company has implemented a robust internal audit system to monitor the effectiveness of internal controls and report any significant deficiencies directly to the board[182]. - There are no significant deficiencies in financial reporting internal controls as of the evaluation report date[183]. - The company emphasizes corporate culture and ethical values, promoting green and sustainable building practices[182]. - The governance structure includes a shareholder meeting, board of directors, and supervisory board, ensuring independent and balanced operations[177]. - The internal control management system has been effectively promoted and standardized across the company and its subsidiaries[181]. - The company has made timely adjustments to its internal regulations to adapt to changes in the environment and policies[181]. - The company reported a total asset amount included in the evaluation scope accounting for 100.00% of the consolidated financial statement assets[187]. - The company reported a total revenue amount included in the evaluation scope accounting for 100.00% of the consolidated financial statement revenue[187]. - There were no significant defects identified in financial reporting, with both financial and non-financial reporting showing zero significant defects[191]. - The company has established a relatively complete and reasonable corporate governance structure and internal control system, but recognizes the need for further improvement due to business scale growth and external market changes[192]. Market Trends and Opportunities - In 2021, China's GDP reached 114 trillion yuan, growing by 8.1%, providing a solid foundation for the architectural design industry[46]. - The total construction area of housing in China was 15.755 billion square meters, an increase of 5.41% year-on-year, while the completed housing area was 4.083 billion square meters, up by 6.11%[46]. - The average price of new residential properties nationwide was 10,396 yuan per square meter, marking a year-on-year increase of 4.2%[46]. - The per capita disposable income of residents in 2021 was 35,128 yuan, reflecting a growth of 9.1% year-on-year, with a real increase of 8.1% after adjusting for inflation[46]. - The introduction of policies aimed at increasing the supply of affordable housing and improving rental housing markets presents new opportunities for the real estate sector[46]. - The architectural design industry is transitioning towards high-quality, specialized services, driven by rising consumer demand for improved housing[46]. - The company is focusing on the application of new technologies, including VR in architectural design, while responding to trends in prefabricated and green buildings[51]. - The company is exploring partnerships with local governments to enhance educational outreach and accessibility, aiming for a 15% increase in community engagement[133].

Revenue and Profit - Revenue for Q1 2022 was CNY 20,203,086.50, a decrease of 14.90% compared to CNY 23,741,486.52 in the same period last year[4] - Net profit attributable to shareholders was CNY 1,360,876.14, an increase of 58.92% from CNY 856,342.27 year-on-year[4] - Total operating revenue for the current period is CNY 20,203,086.50, a decrease of 15.5% compared to CNY 23,741,486.52 in the previous period[29] - Net profit for the current period is CNY 1,360,876.14, an increase of 59% compared to CNY 856,342.27 in the previous period[32] - The company reported a basic earnings per share of CNY 0.01, consistent with the previous period[35] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 5,657,567.29, worsening by 113.71% compared to a net outflow of CNY 2,647,283.92 in the previous year[4] - Operating cash inflow for the period was ¥19,170,173.09, down from ¥22,733,691.63 in the previous period, representing a decrease of approximately 15.5%[36] - Cash outflow from operating activities totaled ¥24,827,740.38, slightly down from ¥25,380,975.55, indicating a decrease of about 2.2%[39] - Net cash flow from operating activities was -¥5,657,567.29, worsening from -¥2,647,283.92 in the previous period[39] - Total cash inflow from operating activities was impacted by a decrease in cash received from sales of goods and services, which was ¥17,859,778.08 compared to ¥21,827,288.56 previously[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 320,869,609.56, a decrease of 0.64% from CNY 322,952,284.19 at the end of the previous year[4] - The total current assets as of March 31, 2022, amounted to CNY 238,001,854.10, a decrease from CNY 246,475,726.40 at the beginning of the year[19] - The cash and cash equivalents decreased to CNY 33,171,071.61 from CNY 41,421,538.82 at the beginning of the year[19] - The total non-current assets increased to CNY 82,867,755.46 from CNY 76,476,557.79 at the beginning of the year[22] - The company's total liabilities decreased to CNY 23,267,690.69 from CNY 26,586,984.73, a reduction of 12.4%[28] Investment and Expenses - Investment income rose significantly by 634.71% to CNY 667,374.99 compared to CNY 90,834.55 in the previous year[10] - Sales expenses increased by 51.50% to CNY 1,050,273.79, primarily due to higher business promotion costs[7] - The company’s cash payments for purchasing goods and services rose by 66.79% to CNY 6,948,720.19 compared to CNY 4,166,135.02 in the previous year[10] - The company reported a total of 4,475,457 shares held by a key shareholder, which remain restricted until May 17, 2022[15] - The company has a contract liability of CNY 2,288,625.57, which increased from CNY 2,167,594.33, indicating growth in future revenue recognition[28] Equity and Returns - The weighted average return on equity increased to 0.46%, up from 0.30% in the same period last year[4] - The total equity attributable to shareholders increased by 0.42% to CNY 297,601,918.87 from CNY 296,365,299.46 at the end of the previous year[4] - Total equity attributable to the parent company increased to CNY 297,601,918.87 from CNY 296,365,299.46, a slight increase of 0.4%[28] Impairment and Valuation - The financial asset impairment loss reported is CNY -1,634,594.31, compared to a gain of CNY 851,585.99 in the previous period, indicating a significant change in asset valuation[32] - The company’s investment properties were valued at CNY 16,407,670.73 as of March 31, 2022[22] - The company’s fixed assets increased to CNY 42,238,765.63 from CNY 41,757,149.55 at the beginning of the year[22]