Financial Performance - The company’s operating revenue for 2018 was ¥982,146,999.04, representing a 61.58% increase compared to ¥607,857,521.79 in 2017[16]. - The net profit attributable to shareholders for 2018 was ¥48,860,741.98, a significant increase of 165.92% from ¥18,374,393.31 in 2017[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥32,554,407.38, marking a 403.20% increase from ¥6,469,478.70 in 2017[16]. - The total assets at the end of 2018 amounted to ¥2,125,446,097.95, which is a 68.24% increase from ¥1,263,333,466.91 at the end of 2017[16]. - The net assets attributable to shareholders increased by 129.77% to ¥1,294,146,017.50 at the end of 2018, compared to ¥563,244,055.77 at the end of 2017[16]. - The company reported a negative net cash flow from operating activities of ¥18,299,281.46 in 2018, worsening from a negative cash flow of ¥3,235,178.77 in 2017[16]. - The basic earnings per share for 2018 was ¥0.24, up 166.67% from ¥0.09 in 2017[16]. - The company achieved a total operating revenue of ¥982,146,999.04 in 2018, representing a year-on-year increase of 61.58% compared to ¥607,857,521.79 in 2017[64]. - The company’s total revenue for 2018 reached approximately CNY 1.01 billion, representing a year-on-year increase of 31.57%[67]. - The company’s net profit attributable to shareholders for the second half of 2018 was 85.99% of the total annual net profit, reflecting a strong performance in that period[63]. - The company’s overseas revenue reached ¥70,125,232.20, representing a year-on-year increase of 10.38%[64]. Dividend Distribution - The company plans to distribute a cash dividend of 0.25 RMB per 10 shares to all shareholders, based on a total of 239,233,684 shares[4]. - The proposed cash dividend for 2018 is ¥0.25 per 10 shares, totaling ¥5,980,842.10, with no increase in share capital or bonus shares[123]. - The cash dividend payout ratio for 2018 was 12.24% of the net profit attributable to ordinary shareholders[124]. - For 2017, the cash dividend was ¥0.25 per 10 shares, amounting to ¥5,060,000.00, with a payout ratio of 27.54%[124]. - The company has not proposed any increase in share capital or bonus shares for the past three years, maintaining a consistent cash dividend policy[123]. - The company’s cash dividend distribution plan for 2016 included a payout of ¥1.2 per 10 shares, totaling ¥11,529,000.00, with a payout ratio of 20.25%[124]. - The total distributable profit as of December 31, 2018, was ¥118,460,667.99, after accounting for previous undistributed profits and cash dividends paid[122]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Guibo New Energy, issuing 36,833,684 new shares for this transaction[10]. - The company completed a major asset restructuring with Guibo New Energy, which became a wholly-owned subsidiary, adding new products in the electric vehicle battery management system (BMS) sector[26]. - The company is actively participating in the development of smart electric vehicles through mergers and acquisitions, specifically with Guibo New Energy[39]. - The company made strategic investments in Yucun Technology and Guoyi Quantum, enhancing its capabilities in big data and quantum precision measurement technologies[59]. - The company has established a new subsidiary, Anhui Keda Guochuang Software Technology Co., Ltd., with an 80% ownership stake[139]. - The company completed the acquisition of 100% equity in Guibo New Energy for a transaction amount of 691 million CNY, with an additional fundraising of up to 186 million CNY through a private placement[168]. Research and Development - The company is committed to enhancing its product offerings through continuous research and development in software solutions[9]. - The company has developed a software foundation development platform to facilitate agile software development across various industries, reducing costs and risks[29]. - The company’s R&D investment in 2018 amounted to ¥135,586,595.40, representing 13.81% of its operating revenue, a decrease from 21.57% in 2017[80]. - The number of R&D personnel increased to 1,069 in 2018, accounting for 39.36% of the total workforce, compared to 40.74% in 2017[80]. - The company has obtained over 100 patents and software copyrights during the reporting period, totaling more than 300 patents and copyrights by the end of the reporting period[46]. - The company is developing a smart electric vehicle data analysis platform to provide real-time monitoring and fault diagnosis services[110]. - The company has allocated 100 million CNY for research and development in new technologies for the next fiscal year[129]. Market Position and Strategy - The company has established itself as a core supplier of operational support systems for major telecom operators in China, including China Telecom, China Mobile, and China Unicom[24]. - The company aims to enhance innovation management and deepen the integration of intelligent software in key industry sectors during the 13th Five-Year Plan period[31]. - The company is positioned to leverage new technologies such as big data, cloud computing, and artificial intelligence to provide comprehensive solutions for various industries[32]. - The company aims to enhance its long-term strategic competitiveness by seeking opportunities for strategic expansion in areas such as smart terminals, smart software, and big data products[113]. - The company plans to enhance its market share by focusing on the three major business segments: software, big data, and artificial intelligence, leveraging new technologies such as 5G and IoT[108]. - The company is focusing on enhancing its core competitiveness in logistics services through increased R&D investment and customer marketing efforts[105]. - The company plans to expand its market presence in economically developed regions such as the Yangtze River Delta and Pearl River Delta, focusing on strategic large users[111]. Risks and Challenges - The company acknowledges various risks including intensified market competition, seasonal fluctuations, and significant accounts receivable balances[4]. - The company faces risks from intensified market competition as the industry software market continues to grow and attract new entrants[114]. - The company’s revenue and corresponding cash flow are expected to be concentrated in the second half of the year due to the strict budget management of its major clients[114]. - The company has implemented measures to protect its core technology, including confidentiality management and software copyright protection, but risks of technology leakage remain[115]. - The company’s development in the electric vehicle battery management system is influenced by national policies supporting the new energy vehicle industry[116]. Corporate Governance - The company has fulfilled all commitments made by actual controllers and shareholders during the reporting period[125]. - The company will ensure timely disclosure of any related party transactions to protect the rights of shareholders[128]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[143]. - The company has not conducted any related party transactions in daily operations during the reporting period[146]. - The company has a clear profit distribution policy that requires approval from the board and shareholders, ensuring the protection of shareholder interests[120]. Future Outlook - The company expects a revenue growth of 10% for the upcoming fiscal year, projecting a target revenue of 1.32 billion CNY[130]. - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[199]. - The company plans to enhance customer engagement through improved digital platforms, targeting a 50% increase in customer satisfaction scores[200]. - The company is exploring potential mergers and acquisitions to enhance its competitive position, with a focus on companies in the tech sector[199].

Financial Performance - Operating revenue for the reporting period was CNY 186,776,921.19, an increase of 85.29% year-on-year [8]. - Net profit attributable to shareholders was CNY 13,033,009.84, representing a significant increase of 194.42% compared to the same period last year [8]. - Basic earnings per share for the reporting period were CNY 0.06, up 185.71% year-on-year [8]. - The net profit after deducting non-recurring gains and losses was CNY 13,538,356.45, an increase of 194.22% year-on-year [8]. - Net profit attributable to the parent company increased by 317.17% compared to the previous period, primarily due to revenue growth and the absence of restricted stock amortization expenses from the previous year [16]. - Investment income increased by 93.03% compared to the previous period, mainly due to profit growth from associated companies [16]. - The company reported a net profit margin improvement, with net profit figures not explicitly stated but inferred from revenue growth and cost management [36]. - The net profit for Q3 2018 was CNY 12,954,450.28, compared to a net loss of CNY 13,780,210.27 in Q3 2017, indicating a significant turnaround [38]. - The total profit for Q3 2018 was CNY 12,418,545.73, recovering from a loss of CNY 16,974,556.90 in the previous year [38]. - The net profit for the third quarter was CNY 20,519,044.50, compared to a net loss of CNY 8,510,867.98 in the same period last year, indicating a significant turnaround [46]. - The total profit for the quarter was CNY 17,260,405.39, recovering from a loss of CNY 25,122,464.16 in the previous year [46]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,153,721,045.40, a decrease of 8.68% compared to the end of the previous year [8]. - The company's cash and cash equivalents decreased by 66.65% compared to the beginning of the period, primarily due to net cash outflows from operating activities and the impact of purchasing financial products [16]. - The total assets decreased to ¥1,065,644,922.61 from ¥1,110,291,030.81, a reduction of 4.0% [34]. - Total liabilities decreased to ¥594,324,671.59 from ¥630,701,319.96, reflecting a decline of 5.7% [34]. - The company's equity attributable to shareholders increased to ¥578,234,056.12 from ¥563,244,055.77, a growth of 2.0% [31]. Cash Flow - The net cash flow from operating activities was CNY -223,372,639.68, a decrease of 17.52% compared to the same period last year [8]. - The cash inflow from operating activities totaled CNY 548,563,993.80, compared to CNY 371,176,245.05 in the previous period, showing an increase of approximately 47.8% [51]. - The cash flow from financing activities showed a net outflow of -18,989,798.92, compared to -23,456,083.33 in the previous period [57]. - The total cash and cash equivalents at the end of the period decreased to 99,042,322.78 from 106,852,467.36 in the previous period [57]. - The company reported a cash outflow of 472,524,879.24 from operating activities, compared to 438,347,726.17 in the previous period [56]. Shareholder Information - The total number of shareholders at the end of the reporting period was 27,406 [12]. - The largest shareholder, Hefei Guochuang Intelligent Technology Co., Ltd., held 34.01% of the shares [12]. Research and Development - Research and development expenses were reported at ¥30,973,786.86, down from ¥40,999,446.70, indicating a decrease of 24.5% [36]. - Research and development expenses for Q3 2018 were CNY 15,664,293.78, down from CNY 23,625,716.98 in Q3 2017, reflecting a decrease of approximately 33.7% [41]. - Research and development expenses for the quarter were CNY 42,979,581.66, down from CNY 48,585,811.80, indicating a decrease of about 11.06% [49]. Acquisition Plans - The company plans to acquire 100% equity of Anhui Guibo New Energy Technology Co., Ltd. for an estimated transaction amount of 691 million yuan [18]. - The company intends to raise no more than 195 million yuan through a non-public issuance of shares to specific investors to support the acquisition [17]. - The company received acceptance from the China Securities Regulatory Commission for its application regarding the issuance of shares to purchase assets, indicating progress in the acquisition process [20].

Financial Performance - Total operating revenue for the first half of 2018 was RMB 304,334,404.15, representing a 12.72% increase compared to RMB 269,995,804.99 in the same period last year[19]. - Net profit attributable to shareholders of the listed company reached RMB 6,846,646.89, a 47.27% increase from RMB 4,649,140.59 year-on-year[19]. - Net profit after deducting non-recurring gains and losses surged by 934.52% to RMB 3,910,651.29 from RMB 378,014.78 in the previous year[19]. - Basic earnings per share increased by 50.00% to RMB 0.03 from RMB 0.02 in the same period last year[19]. - The company reported a total revenue of 304.33 million yuan, representing a 12.72% increase year-on-year, while operating costs rose by 12.56% to 184.86 million yuan[56]. - The company reported a net profit of 7,564,594.22 CNY, compared to a net profit of 5,269,342.29 CNY in the first half of 2017, representing a growth of 43.3%[157]. - The net profit attributable to the parent company was CNY 6,846,646.89, an increase from CNY 4,649,140.59, marking a growth of 47.2%[157]. Cash Flow and Assets - The net cash flow from operating activities was negative at RMB -172,305,002.32, worsening by 61.74% compared to RMB -106,531,105.38 in the same period last year[19]. - The company reported a significant decline of 61.74% in cash flow from operating activities, resulting in a net outflow of 172.31 million yuan, primarily due to increased operational expenditures[57]. - The company reported a decrease in cash and cash equivalents from ¥507,759,919.19 to ¥222,585,211.32, a decline of approximately 56.2%[146]. - Total assets decreased by 9.94% to RMB 1,137,741,768.60 from RMB 1,263,333,466.91 at the end of the previous year[19]. - The company experienced a 74.06% decrease in notes receivable at the end of the period compared to the beginning, mainly due to a reduction in notes received that had not yet matured[40]. - The company has a significant increase in inventory, which reached ¥193.58 million, up 13.43% year-on-year, due to ongoing IT solution projects[67]. Business Operations and Strategy - The company is a leading provider of industry software and big data solutions, focusing on sectors such as telecommunications, finance, and government, leveraging technologies like big data, cloud computing, and artificial intelligence[26]. - The company operates an "Internet + Smart Logistics Cloud Service Platform," integrating modern technologies to transform the logistics industry and drive supply-side reforms in the trillion-dollar road logistics market[28]. - The software and IT services business primarily follows a project-based revenue model, tailored to client needs, while the Internet + Smart Logistics platform generates income through service fees and transaction commissions[28]. - The company aims to achieve software and information technology service industry revenue exceeding 8 trillion yuan by 2020, with an average annual growth rate of over 13%[31]. - The company is actively exploring digital transformation and next-generation network reconstruction, focusing on artificial intelligence applications[51]. Risks and Challenges - The company faces various risks including intensified market competition and significant accounts receivable balances, which may impact future performance[5]. - Seasonal fluctuations in revenue are significant, with sales and cash flow primarily concentrated in the second half of the year, impacting financial metrics across quarters[91]. - The company has made provisions for bad debts related to accounts receivable but still faces risks of uncollectible debts impacting performance[94]. - The company has established a talent cultivation system but faces risks related to talent retention and recruitment due to increasing competition for skilled professionals[92]. Investments and Projects - The company has committed a total investment of 19,560 million CNY for various projects, with 17,385.9 million CNY already utilized, achieving an investment progress of 88.8%[76]. - The "Big Data Driven Intelligent Application Software Project" has a planned investment of 6,350 million CNY, with 1,510.72 million CNY invested so far, representing 82.46% of the expected progress[79]. - The company plans to enhance its capabilities in big data, cloud computing, and artificial intelligence through the new software project, aiming to improve business income and profitability[76]. Shareholder Information - The total number of shares is 202,400,000, with 44.34% being restricted shares and 55.66% being unrestricted shares[125]. - The total number of shareholders at the end of the reporting period is 28,228[130]. - The company does not plan to distribute cash dividends or issue bonus shares for the half-year period[98]. - The company has not undergone any changes in its controlling shareholder during the reporting period[132]. Compliance and Governance - The company has strengthened its internal control and governance, achieving an A rating in the information disclosure assessment by the Shenzhen Stock Exchange[54]. - The financial statements are prepared based on the going concern assumption, with no identified issues affecting the company's ability to continue operations[187]. - The company adheres to the accounting policies in accordance with the enterprise accounting standards, ensuring the financial statements reflect a true and complete picture of its financial status[189].

Financial Performance - Total revenue for Q1 2018 was ¥120,528,241.47, an increase of 7.29% compared to ¥112,341,024.70 in the same period last year[7] - Net profit attributable to shareholders was ¥521,813.53, a significant recovery from a loss of ¥7,511,600.58 in the previous year[7] - Basic earnings per share improved to ¥0.003 from -¥0.036 year-on-year[7] - The company achieved operating revenue of 120.53 million RMB, representing a year-on-year growth of 7.29%[18] - The net profit attributable to shareholders was 0.52 million RMB, an increase of 803.34 million RMB compared to the same period last year[18] - The company's total cash and cash equivalents at the end of Q1 2018 were ¥235,595,850.39, down from ¥473,151,635.23 at the end of Q1 2017[50] - The total comprehensive income for Q1 2018 was ¥1,093,057.52, compared to -¥6,430,160.23 in the same quarter last year[45] Cash Flow and Liquidity - The net cash flow from operating activities was -¥160,234,923.73, a decline of 122.19% from -¥72,116,653.05 in the same period last year[7] - Cash and cash equivalents decreased by 60.31% compared to the beginning of the period, primarily due to repayment of bank loans and transactions related to the internet + smart logistics cloud service platform[17] - The company's cash and cash equivalents decreased significantly to CNY 73,654,179.21 from CNY 258,316,523.40, a drop of 71.5%[37] - Cash and cash equivalents at the end of the period decreased to $74,992,169.92 from $239,151,697.70, a decline of 68.7%[54] - The company reported a negative cash flow from investment activities of -$9,555,250.15, slightly worse than -$9,148,486.55 previously[53] Assets and Liabilities - Total assets decreased by 12.57% to ¥1,104,546,525.39 from ¥1,263,333,466.91 at the end of the previous year[7] - Current liabilities decreased to CNY 523,687,340.82 from CNY 617,432,169.95, a reduction of 15.1%[38] - The total liabilities decreased to CNY 536,671,717.50 from CNY 630,701,319.96, a decline of 14.9%[39] - The company's total assets decreased to CNY 1,012,833,012.89 from CNY 1,110,291,030.81, a decline of 8.8%[38] Operational Risks and Market Conditions - The company faces risks from intensified market competition, particularly in the software development sector[9] - Seasonal fluctuations in revenue are expected, with higher income typically concentrated in the second half of the year due to client budget cycles[9] - The company has a significant risk related to accounts receivable, which may increase as project cycles are lengthy and payment terms are extended[11] Investments and Projects - The company has invested a total of 16.57 million yuan from the raised funds, with 2.15 million yuan invested in the current quarter[24] - The new generation telecom operation support system project has a total investment commitment of 62.04 million yuan, with 100% of the investment completed[24] - The big data-driven intelligent application software project has 75.60% of its investment completed, with a total commitment of 6.35 million yuan[24] - The company plans to redirect ¥63.5 million of unutilized raised funds to the "Big Data Driven Intelligent Application Software Project" after terminating two previous projects[25] Management and Governance - The company has not experienced significant changes in its core management team or key technical personnel during the reporting period[21] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[28][29] Sales and Procurement - The company achieved a total procurement amount of 19.56 million yuan, with the top five suppliers accounting for 60.36% of total procurement[20] - The sales amount from the top five customers reached 54.87 million yuan, representing 45.52% of total sales[20]

Profit Distribution - The company reported a profit distribution plan, proposing a cash dividend of 0.25 RMB per 10 shares (tax included) based on 202,400,000 shares[4]. - The company plans to distribute a cash dividend of RMB 0.25 per 10 shares, totaling RMB 5,060,000 (including tax) for the year 2017[106]. - The total distributable profit as of December 31, 2017, is RMB 97,434,304.45, after accounting for the net profit of RMB 22,575,310.28 and previous undistributed profits[105]. - The cash dividend represents 100% of the profit distribution total for the year[103]. - The company did not issue any bonus shares or increase capital through reserves in 2017[106]. - In 2016, the company distributed cash dividends totaling RMB 11,529,000, which was 20.25% of the net profit attributable to shareholders[108]. - The company has maintained a consistent cash dividend policy, with a minimum of 20% of profits allocated for dividends during growth phases[105]. - The company’s net profit for 2017 was RMB 22,575,310.28, after deducting the legal reserve[105]. - The total number of shares for the dividend calculation is 202,400,000[106]. - The company has a complete decision-making process for profit distribution, ensuring shareholder interests are protected[102]. Financial Performance - The company's operating revenue for 2017 was ¥607,857,521.79, an increase of 2.29% compared to ¥594,231,453.27 in 2016[17]. - The net profit attributable to shareholders decreased by 67.72% to ¥18,374,393.31 from ¥56,927,437.17 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥6,469,478.70, down 86.75% from ¥48,825,886.50 in 2016[17]. - The net cash flow from operating activities was negative at -¥3,235,178.77, a decline of 102.82% compared to ¥114,707,087.80 in 2016[17]. - The total assets at the end of 2017 were ¥1,263,333,466.91, representing a 22.20% increase from ¥1,033,861,455.46 at the end of 2016[17]. - The net assets attributable to shareholders increased by 6.80% to ¥563,244,055.77 from ¥527,398,044.19 in 2016[17]. - The company reported a basic earnings per share of ¥0.09, down 72.73% from ¥0.33 in 2016[17]. - The company achieved a total operating revenue of ¥607,857,521.79 in 2017, representing a year-on-year increase of 2.29% compared to ¥594,231,453.27 in 2016[52]. - The revenue from industry application software reached ¥348,801,888.75, accounting for 57.38% of total revenue, with a growth of 13.54% from ¥307,215,011.20 in the previous year[53]. - The company reported a net profit of 29.39 million CNY, representing a 47% increase compared to the previous year, primarily due to the growth in industry application software and big data solutions[86]. Operational Risks - The company emphasizes the importance of risk awareness for investors, highlighting risks such as intensified market competition and large accounts receivable balances[4]. - The company acknowledges various operational risks, including seasonal fluctuations and core technology risks[4]. - The company faces risks from intensified market competition and seasonal revenue fluctuations, particularly with major clients in the telecom and energy sectors[96]. - The company has a significant accounts receivable balance of approximately 401 million yuan, representing 66% of its 2017 annual revenue, which poses a risk of delayed cash flow[99]. Research and Development - R&D expenses for the year amounted to 129.99 million yuan, an increase of 59.50% year-on-year[43]. - The company increased its R&D investment to ¥13,112.82 million, a 60.90% increase from the previous year, which was ¥8,149.67 million[48]. - In 2017, the company's total R&D investment reached ¥131,128,241.63, accounting for 21.57% of operating revenue, a significant increase from 13.71% in 2016[64]. - The number of R&D personnel increased to 938 in 2017, representing 40.26% of the total workforce, up from 31.23% in 2016[64]. - The company is committed to innovation-driven development, emphasizing technological, business model, and management innovations[90]. Market Expansion - The company is expanding its international business, collaborating with renowned Japanese firms in software development and financial services[46]. - The company is focusing on expanding its market presence through regional strategic layouts and enhancing its marketing and technical service capabilities[90]. - The company plans to deepen its presence in key regions such as Guizhou, Xinjiang, and Shaanxi, leveraging its smart city IT solutions and big data platforms[94]. - The company is actively pursuing the integration of logistics and financial services through its "Internet+" business model, aiming for exponential revenue growth[90]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[112]. Strategic Initiatives - The company is actively seeking strategic expansion opportunities through mergers, acquisitions, and partnerships in areas such as smart terminals and big data products[96]. - The company has established a strategic partnership with the University of Science and Technology of China to develop advanced technologies in embedded operating systems and big data applications[38]. - The company has initiated the establishment of new subsidiaries to improve service capabilities, although these have not significantly impacted overall performance[86]. - The company plans to absorb and merge its wholly-owned subsidiary Guochuang Hengxing, consolidating business resources[149]. Management and Governance - The company has a robust internal management structure that operates independently from its controlling shareholders[198]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with relevant laws and regulations[195]. - The company emphasizes transparency and compliance with relevant laws and regulations in its information disclosure practices[196]. - The company maintains independence from its controlling shareholders, ensuring no interference in decision-making processes[194]. - The company has established a fair and transparent performance evaluation and incentive mechanism for senior management[195]. Shareholder Information - The total number of shareholders increased to 27,841 by the end of the reporting period, compared to 27,213 at the end of the previous month[164]. - The largest shareholder, Shanghai Yahon Equity Investment Fund Center, holds 12.29% of the shares, amounting to 24,878,207 shares[165]. - The company has not reported any changes in its actual controllers during the reporting period[169]. - The total shares held by all directors and senior management increased from 33,160,810 to 72,953,800, marking a total increase of 39,792,980 shares[175]. Technology and Innovation - The company is actively promoting its "Smart+" strategy, integrating new technologies such as big data, cloud computing, and artificial intelligence across its business sectors[43]. - The company has developed core technologies in data integration, application integration, and big data processing, enhancing its software offerings for various industries[26]. - The company has developed a software foundation development platform to reduce costs and risks in agile software development, enhancing responsiveness to customer needs[31]. - The company has established a smart logistics cloud service platform, integrating big data, cloud computing, and IoT to transform the logistics industry[30].

Financial Performance - Operating revenue for the reporting period was ¥100,800,517.58, reflecting a growth of 5.01% year-on-year[9] - Net profit attributable to shareholders was a loss of ¥13,803,192.34, a decline of 249.73% compared to the same period last year[9] - Basic earnings per share were reported at ¥-0.07, down 240.00% from the previous year[9] - The weighted average return on net assets was -2.70%, a decrease of 4.62% compared to the same period last year[9] - Total operating revenue for Q3 2017 was CNY 100,800,517.58, an increase of 5.8% compared to CNY 95,993,316.01 in the same period last year[40] - The net profit attributable to the parent company for Q3 2017 was a loss of CNY 13,803,192.34, compared to a profit of CNY 9,218,982.23 in Q3 2016[42] - The company recorded an operating loss of CNY -16,989,363.72 in Q3 2017, compared to an operating profit of CNY 5,197,813.43 in the same period last year[41] - Net profit for the period was a loss of CNY 8,510,867.98, compared to a profit of CNY 16,967,126.90 in the previous year[48] - The company reported a total comprehensive income of -CNY 8,326,033.18, compared to CNY 17,463,514.52 in the previous year[49] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,244,686,926.49, an increase of 20.39% compared to the previous year[9] - Total liabilities rose to RMB 706.96 million, up from RMB 507.02 million, indicating an increase of about 39.4%[34] - The company's total assets increased to CNY 1,146,976,131.07 in Q3 2017, up from CNY 918,432,551.42 in the previous year[38] - Total liabilities rose to CNY 719,961,494.28 in Q3 2017, compared to CNY 479,055,237.82 in Q3 2016, indicating increased financial obligations[38] - The company's equity attributable to shareholders increased slightly to RMB 536.07 million from RMB 527.40 million, a growth of approximately 1.3%[35] Cash Flow - The net cash flow from operating activities was negative at ¥-190,067,308.38, representing a decrease of 231.65% year-on-year[9] - Cash and cash equivalents decreased by 47.43% compared to the beginning of the period, mainly due to payments for employee restricted stock repurchase and ongoing investment projects[21] - Cash flow from operating activities was CNY 301,227,060.93, compared to CNY 284,445,859.94 in the previous year[55] - The net cash flow from operating activities was -190,067,308.38 CNY, compared to -57,310,250.58 CNY in the previous year, indicating a significant decline[56] - Total cash inflow from operating activities was 371,176,245.05 CNY, up from 346,339,395.89 CNY year-over-year[56] - Cash outflow from operating activities totaled 561,243,553.43 CNY, compared to 403,649,646.47 CNY in the same period last year[56] Shareholder Information - The total number of shareholders at the end of the reporting period was 30,218[13] - The largest shareholder, Hefei Guochuang Intelligent Technology Co., Ltd., held 32.56% of the shares, totaling 68,829,768 shares[13] - The company distributed a cash dividend of RMB 1.2 per 10 shares to shareholders, totaling a payout based on a total share capital of 96.075 million shares as of December 31, 2016[26] - The cash dividend policy remained unchanged during the reporting period, ensuring clarity and adherence to the company's profit distribution policy[26] Operational Changes - The company approved a resolution to absorb and merge its wholly-owned subsidiary, which will lead to the consolidation of business resources and the legal cancellation of the subsidiary[23] - The company plans to terminate the 2016 restricted stock incentive plan, which will result in a total of CNY 31.16 million in share-based payment expenses for 2017[22] Current Assets - Accounts receivable increased by 39.43% compared to the beginning of the period, attributed to revenue growth and some receivables not yet due for payment[21] - Prepayments surged by 359.80% compared to the beginning of the period, primarily due to increased advance payments to suppliers[21] - Inventory rose by 207.01% compared to the beginning of the period, mainly due to costs incurred from unfinished system integration projects[21] - Other current assets increased by 628.42% compared to the beginning of the period, resulting from the ongoing stock cancellation process related to employee restricted stock repurchase[21] Expenses - Total operating costs for Q3 2017 were CNY 118,668,437.68, up from CNY 90,795,502.58 in Q3 2016, reflecting a significant increase in expenses[40] - The company reported a significant increase in sales expenses, which reached CNY 15,047,137.58 in Q3 2017, compared to CNY 6,291,070.17 in the previous year[41] - The management expenses surged to CNY 57,754,745.88 in Q3 2017, up from CNY 30,146,068.83 in Q3 2016, indicating higher operational costs[41] - Sales expenses increased to CNY 42,418,222.83, up 81.5% from CNY 23,395,584.98 year-over-year[48] - Management expenses rose significantly to CNY 141,552,265.26, compared to CNY 81,515,940.81 in the same period last year[48]

Financial Performance - Total revenue for the first half of 2017 was CNY 269,995,804.99, representing a 31.43% increase compared to CNY 205,435,343.53 in the same period last year[18]. - Net profit attributable to shareholders decreased by 52.70% to CNY 4,649,140.59 from CNY 9,829,503.10 year-on-year[18]. - Net profit after deducting non-recurring gains and losses fell by 95.87% to CNY 378,014.78 compared to CNY 9,148,252.19 in the previous year[18]. - Basic and diluted earnings per share decreased by 66.67% to CNY 0.02 from CNY 0.06 year-on-year[18]. - The weighted average return on equity dropped to 0.88% from 3.64% in the previous year, a decline of 2.76%[18]. - The company's operating revenue reached 26,999.58 million CNY, an increase of 31.43% compared to the same period last year[46]. - The net profit attributable to shareholders was 464.91 million CNY, a decrease of 52.70% year-on-year; excluding stock incentive plan amortization expenses, the net profit would be 1,480.62 million CNY, an increase of 50.63%[46]. - The total comprehensive income amounted to CNY 2,706,693.80, with a loss of CNY 650,971.15 in the current period[148]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -106,531,105.38, worsening by 16.41% from CNY -91,513,722.04 in the same period last year[18]. - Cash and cash equivalents at the end of the reporting period were ¥428,350,866.17, accounting for 40.43% of total assets, significantly up from 14.65% in the previous year[58]. - The company reported a net cash outflow from operating activities of ¥106,531,105.38, a decrease of 16.41% compared to the previous period[53]. - The company's cash flow from operating activities was impacted by increased payments to employees, totaling CNY 130,168,817.66, up from CNY 86,690,555.91 in the previous period[151]. - The company reported a net cash outflow of CNY 130,868,829.13 from financing activities, compared to an outflow of CNY 75,639,170.71 in the previous period[152]. Assets and Liabilities - Total assets increased by 2.47% to CNY 1,059,422,680.18 from CNY 1,033,861,455.46 at the end of the previous year[18]. - Total current liabilities rose to CNY 514,515,739.07 from CNY 492,309,547.59, indicating an increase of around 4.7%[135]. - The company's total liabilities reached CNY 528,682,628.96, up from CNY 507,023,139.01, which is an increase of about 4.3%[135]. - The equity attributable to the owners of the parent company was CNY 530,679,577.26, slightly up from CNY 527,398,044.19, showing a marginal increase of approximately 0.4%[136]. - The company's cash and cash equivalents decreased to CNY 428,350,866.17 from CNY 530,402,589.74, representing a decline of about 19.3%[133]. Investments and Projects - Research and development investment amounted to ¥56,623,901.56, a significant increase of 62.69% compared to the previous year, reflecting the company's accelerated investment in R&D[52]. - The company plans to invest a total of 635 million yuan in the "Big Data Driven Intelligent Application Software Project," which is expected to generate annual sales revenue of 225 million yuan and a net profit of 40.49 million yuan after reaching production capacity[68]. - The project has a payback period of 4.42 years and an internal rate of return of 25.59%[68]. - The cumulative investment in the "New Generation Telecom Operation Support System Construction Project" is RMB 30.00 million, achieving 56.12% of the planned progress[65]. - The "Marketing and Service Network Construction Project" has achieved 54.09% of the planned progress with a cumulative investment of RMB 12.61 million[65]. Market Position and Strategy - The company is a core supplier of operational support systems for major telecom operators including China Telecom, China Mobile, and China Unicom, with applications across 22 provincial companies[26]. - The company is actively developing the "Internet + Smart Logistics" cloud service platform, aiming to transform the logistics industry and enhance communication between shippers and carriers[29]. - The software and information technology service industry is projected to grow, with a target revenue exceeding 8 trillion yuan by 2020, providing a favorable market environment for the company[31]. - The company has established itself as a core supplier for major telecom operators, including China Telecom, China Mobile, and China Unicom, enhancing its market position[47]. - The company has maintained stable cooperation with key clients in the power and financial sectors, including Huaren Power and Nomura Research Institute[47]. Risks and Challenges - The company faces risks from intensified market competition due to the increasing number of software development firms in the industry[84]. - Seasonal fluctuations in revenue are expected, with the majority of income concentrated in the second half of the year due to client budget management practices[84]. - The company has implemented measures to protect its core technology, including confidentiality management and software copyright applications, but risks of technology leakage remain[85]. Corporate Governance and Shareholder Information - The company has not distributed cash dividends or bonus shares for the half-year period[89]. - The total number of shares is 96,075,000, with 76.06% being restricted shares and 23.94% being unrestricted shares[115]. - The largest shareholder, Hefei Guochuang Intelligent Technology Co., Ltd., holds 32.56% of the shares, amounting to 31,286,258 shares[117]. - The company did not engage in any related party transactions, asset acquisitions, or joint investments during the reporting period[99][100][101]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[119].

Financial Performance - Total revenue for the first half of 2017 was ¥269,995,804.99, representing a 31.43% increase compared to ¥205,435,343.53 in the same period last year[19]. - Net profit attributable to shareholders decreased by 52.70% to ¥4,649,140.59 from ¥9,829,503.10 year-on-year[19]. - Net profit after deducting non-recurring gains and losses fell by 95.87% to ¥378,014.78 from ¥9,148,252.19 in the previous year[19]. - Basic and diluted earnings per share decreased by 66.67% to ¥0.02 from ¥0.06 year-on-year[19]. - The weighted average return on equity dropped to 0.88% from 3.64% in the previous year, a decline of 2.76%[19]. - The company reported a net loss of CNY 8,147,907.26 for the first half of 2017, compared to a profit of CNY 8,036,680.32 in the same period last year[144]. - The total comprehensive income for the period was -650,971.15, compared to 2,707,664.95 in the previous period[149]. - The company forecasts a cumulative net profit for the year to be between -10 million and -5 million RMB, representing a decrease of 126.25% to 152.50% compared to the previous year[84]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥106,531,105.38, worsening by 16.41% compared to -¥91,513,722.04 in the same period last year[19]. - Cash inflow from operating activities totaled 214,062,067.09, an increase from 174,965,523.96 in the previous period[152]. - The cash and cash equivalents at the end of the period were 422,050,503.26, down from 552,919,332.39 at the beginning of the period[153]. - The company has engaged in entrusted financial management with a total amount of 24.155 million CNY, with actual recoveries of 18.6 million CNY during the reporting period[71]. - The company has actively engaged in cash management through reputable financial institutions, ensuring liquidity and safety of funds[73]. Assets and Liabilities - Total assets increased by 2.47% to ¥1,059,422,680.18 from ¥1,033,861,455.46 at the end of the previous year[19]. - Accounts receivable increased by 42.16% from the beginning of the period, mainly due to revenue growth and the payment approval process of major state-owned clients[36]. - The total liabilities rose from CNY 507,023,139.01 to CNY 528,682,628.96, indicating an increase of about 4.1%[136]. - The company's equity attributable to shareholders increased slightly from CNY 527,398,044.19 to CNY 530,679,577.26, a growth of approximately 0.4%[137]. Strategic Initiatives and Investments - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company plans to invest RMB 63.50 million in the "Big Data Driven Intelligent Application Software Project," reallocating funds from previously planned projects[67]. - The "Big Data Driven Intelligent Application Software Project" is expected to generate annual sales revenue of RMB 225 million and a net profit of RMB 40.49 million, with an internal rate of return of 25.59%[67]. - The company is focusing on enhancing its operational efficiency to address the rising costs and improve profitability in the future[144]. - The company plans to invest in new technologies and market expansion strategies to drive future growth[144]. Subsidiary Performance - The subsidiary Suzhou Keda Guochuang Information Technology Co., Ltd. reported a net profit of -12,768,305.85 yuan, indicating a significant loss during the reporting period[78]. - The subsidiary Anhui Keda Guochuang Cloud Network Technology Co., Ltd. achieved a net profit of 19,485,639.70 yuan, contributing positively to the overall performance[79]. - The overall performance of the subsidiaries shows mixed results, with some contributing positively while others reported losses, indicating a need for strategic adjustments[78][79]. Market Position and Competition - The company is a core supplier of operational support systems for major telecom operators, including China Telecom, China Mobile, and China Unicom, with applications across 22 provincial companies[27]. - The company faces risks from intensified market competition, particularly in the software development sector, which could impact its market position if it fails to innovate[85]. - The company has a risk of human resource challenges due to increasing competition for talent in the software industry, which may affect its operational capabilities[86]. Governance and Management - The management team has improved operational efficiency through strategic adjustments and integration of various departments, enhancing overall company performance[35]. - The company appointed Yang Yang as the new General Manager on March 11, 2017, following the resignation of Dong Yongdong from the position[127]. - The company has established a talent cultivation system to retain skilled employees, but faces risks related to potential talent loss due to competitive pressures[86]. Shareholder and Equity Information - The total number of shares is 96,075,000, with 76.06% being restricted shares[116]. - The largest shareholder, Hefei Guochuang Intelligent Technology Co., Ltd., holds 32.56% of the shares[118]. - The company has not initiated any targeted poverty alleviation work during the reporting period[111]. - The company has no significant litigation cases reported, suggesting a low legal risk environment[74]. Research and Development - Research and development investment amounted to ¥56,623,901.56, a significant increase of 62.69% compared to the previous year, reflecting the company's accelerated investment in R&D[53]. - The company emphasizes technological innovation, developing core technology platforms that lead to significant advancements in industry applications[33].

Financial Performance - Total revenue for Q1 2017 was ¥112,341,024.70, representing a 58.72% increase compared to ¥70,777,682.69 in the same period last year[7] - Net profit attributable to shareholders was -¥7,511,600.58, a decrease of 476.41% from -¥1,303,178.34 year-on-year[7] - Basic and diluted earnings per share were both -¥0.080, reflecting a 300.00% decline from -¥0.020 in the same period last year[7] - The company achieved operating revenue of RMB 112.34 million, representing a year-on-year growth of 58.72%[19] - The net profit attributable to shareholders was a loss of RMB 7.51 million, an increase in loss of 620.84% compared to the same period last year[19] - Total operating revenue for Q1 2017 was CNY 112,341,024.70, an increase of 58.8% compared to CNY 70,777,682.69 in the same period last year[42] - The total comprehensive income for Q1 2017 was a loss of CNY 6,430,160.23, compared to a loss of CNY 1,961,810.21 in the same period last year[44] Cash Flow and Liquidity - Net cash flow from operating activities improved by 30.32%, reaching -¥72,116,653.05 compared to -¥103,490,184.67 in the previous year[7] - The company's cash and cash equivalents decreased from CNY 530,402,589.74 at the beginning of the period to CNY 396,899,750.58 by the end of the period[34] - Cash inflow from operating activities was ¥44,317,968.76, while cash outflow was ¥132,660,696.06, leading to a negative cash flow from operations[53] - The total cash and cash equivalents decreased by ¥96,822,438.73 during the quarter, indicating liquidity challenges[56] Operating Costs and Expenses - Operating costs rose by 104.87% year-on-year, attributed to the increase in operating revenue and a higher proportion of system integration revenue[18] - Total operating costs for Q1 2017 were CNY 127,814,456.00, up from CNY 74,147,005.40 in the previous year, reflecting a significant increase in expenses[42] - Sales expenses increased by 70.47% year-on-year, driven by revenue growth and the amortization of restricted stock expenses[18] - The management expenses for Q1 2017 were CNY 15,521,639.57, up from CNY 8,910,508.07, indicating an increase of 74%[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,038,642,779.58, a slight increase of 0.46% from ¥1,033,861,455.46 at the end of the previous year[7] - Current liabilities totaled CNY 496,859,700.37, a marginal increase from CNY 492,309,547.59 in the previous period[36] - The total equity attributable to shareholders of the parent company was CNY 527,122,808.54, a slight decrease from CNY 527,398,044.19[37] - Accounts receivable increased from CNY 279,447,762.62 to CNY 336,043,838.71 during the reporting period[34] Strategic Focus and Development - The company is currently developing a new generation telecom operation support system, which aims to enhance its product offerings in the telecom sector[19] - The company is focusing on expanding its business scale and improving its operational efficiency through strategic planning and execution[19] - The company is developing intelligent logistics cloud services, integrating internet, big data, AI, and IoT technologies[20] - The company is focusing on high-reliability software development, particularly in aerospace, nuclear, military, and medical fields[20] Risks and Market Conditions - The company faces risks from intensified market competition, particularly in the software development sector, which could impact future performance[9] - Seasonal fluctuations in revenue are expected, with higher income typically concentrated in the second half of the year due to client budget management practices[9] Fundraising and Investments - The company has invested a total of 19.56 million yuan in fundraising, with 1.5772 million yuan invested in the current quarter[25] - The new generation telecom operation support system project has a total investment of 62.04 million yuan, with 35.79% of the investment completed by the end of the reporting period[25] - The company has decided to terminate the "Integrated Control Software Construction Project for Power Enterprises" and the "Enterprise-level Information Integration Platform Construction Project," reallocating uninvested funds totaling CNY 6,350 million for the new project[26]

Financial Performance - The company's operating revenue for 2016 was ¥594,231,453.27, representing a 46.45% increase compared to ¥405,759,134.17 in 2015[16]. - The net profit attributable to shareholders for 2016 was ¥56,927,437.17, an increase of 28.08% from ¥44,448,491.74 in 2015[16]. - The net cash flow from operating activities reached ¥114,707,087.80, a significant increase of 226.69% compared to ¥35,112,190.06 in 2015[16]. - The total assets at the end of 2016 amounted to ¥1,033,861,455.46, a 122.30% increase from ¥465,067,535.53 at the end of 2015[16]. - The net assets attributable to shareholders at the end of 2016 were ¥527,398,044.19, up 98.97% from ¥265,068,856.37 at the end of 2015[16]. - The basic earnings per share for 2016 was ¥0.72, reflecting a 12.50% increase from ¥0.64 in 2015[16]. - The company reported a quarterly revenue of ¥292,802,793.73 in Q4 2016, contributing significantly to the annual performance[19]. - The company reported a net profit of 8,101,550.67 yuan for the reporting period, a significant increase from 4,217,358.86 yuan in the previous year, representing a growth of approximately 92.5%[22]. - The company achieved operating revenue of 594.23 million yuan, an increase of 46.45% compared to the previous year[30]. - The net profit attributable to shareholders was 56.93 million yuan, reflecting a growth of 28.08% year-on-year[30]. Investments and R&D - The company invested 4.2 million yuan in equity of a joint venture, holding a 14% stake[35]. - The construction in progress increased by 638.4% year-on-year, primarily due to an investment of 41.25 million yuan in software R&D production facilities[35]. - Research and development expenses amounted to 81.50 million yuan, a 59.24% increase year-on-year[52]. - The company is investing 100 million RMB in R&D for new technologies, focusing on AI and cloud computing solutions[186]. Market and Product Development - The company has developed a big data application platform and solutions that utilize distributed computing and massive storage technologies, which are now widely applied across telecommunications, electricity, transportation, and government sectors[25]. - The company has launched the "Internet + Smart Logistics Cloud Service Platform," aiming to transform the logistics industry and promote supply-side reforms in the trillion-level highway logistics market[28]. - The company has established a joint venture with six entities to create a smart city infrastructure management company, focusing on smart lamp posts that integrate multiple functionalities, enhancing urban management capabilities[27]. - The company is currently developing a new generation telecom operation support system, which aims to enhance customer service capabilities and competitive edge in the telecom sector[68]. - The smart logistics cloud service platform is under development, integrating logistics and financial services to create a comprehensive logistics ecosystem[68]. Financial Management and Cash Flow - The company reported a government subsidy of 8,544,293.32 yuan, up from 4,915,813.34 yuan in the previous year, indicating a strong reliance on government support[22]. - The company's cash and cash equivalents amounted to ¥530,402,589.7, representing a 51.30% increase compared to the previous year[78]. - The net increase in cash and cash equivalents was ¥416,855,187.07, a dramatic rise of 1,690.96% compared to ¥23,275,542.67 in 2015[73]. - The company reported a significant increase in other payables, primarily due to liabilities from restricted stock and increased pre-receipts from transaction settlements[78]. Risks and Challenges - The company faced risks including intensified market competition and significant accounts receivable balances, which could impact future performance[4]. - The company recognizes the risk of intensified market competition and is committed to continuous improvement in product development and customer service to maintain its competitive edge[106]. - The company's accounts receivable amounted to 279.45 million RMB, accounting for 47.03% of its revenue, indicating a significant risk due to long payment cycles from major clients[110]. Shareholder and Governance - The company plans to distribute a cash dividend of ¥1.20 per 10 shares, with no bonus shares issued[4]. - The company has a robust profit distribution policy, ensuring that cash dividends are clearly defined and executed according to regulations[114]. - The company has a share lock-up period of 36 months for certain shareholders, which began on the date of the initial public offering[117]. - The company has committed to not transferring or entrusting the management of shares during the lock-up period, ensuring stability in shareholding[119]. - The company has confirmed that all commitments to minority shareholders have been fulfilled on time[125]. Strategic Goals and Future Outlook - The company plans to reach a revenue target of 750 million yuan and a net profit of 75 million yuan for 2017, focusing on customer-centric strategies and R&D-driven growth[103]. - The company aims to enhance its market presence by establishing a nationwide integrated marketing and service network, targeting key sectors such as telecommunications, electricity, and government[104]. - The company plans to strengthen its human resources by attracting mid-to-senior level technical and market personnel, improving salary competitiveness, and enhancing employee training programs[105]. - The company is focused on developing competitive platform solutions in basic software and achieving breakthroughs in artificial intelligence and blockchain technologies[99]. Employee and Management Structure - The total number of employees in the company is 2,065, with 1,757 being technical personnel, representing approximately 85.1% of the workforce[191]. - The company has established a transparent performance evaluation and incentive mechanism for senior management, promoting accountability and effectiveness[200]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with governance standards[199]. - The company emphasizes training programs across various levels and categories, aiming to enhance employee skills and overall quality[194].