Financial Performance - Total revenue for the reporting period was ¥85,693,272.66, an increase of 12.30% compared to ¥76,309,061.59 in the same period last year[21]. - Net profit attributable to shareholders decreased by 10.62% to ¥8,961,827.01 from ¥10,026,589.93 year-on-year[21]. - Net profit after deducting non-recurring gains and losses fell by 19.33% to ¥6,185,626.49 compared to ¥7,668,190.54 in the previous year[21]. - Basic and diluted earnings per share decreased by 10.63% to ¥0.0622 from ¥0.0696 year-on-year[21]. - The company reported a total profit for the first half of 2019 of ¥9,445,854.78, down from ¥12,314,981.50 in the first half of 2018, reflecting a decline of 23.5%[165]. - The company reported a comprehensive income loss of 4,764,881.16 CNY for the current period[187]. Cash Flow - The net cash flow from operating activities was negative at -¥8,931,404.90, a decline of 141.96% from ¥21,287,181.05 in the same period last year[21]. - The cash inflow from operating activities totaled 120,240,764.25 CNY in the first half of 2019, compared to 137,138,584.91 CNY in 2018, reflecting a decrease of about 12%[176]. - The company experienced a net decrease in cash and cash equivalents of -86,066,909.14 CNY in the first half of 2019, compared to -4,429,703.42 CNY in the same period of 2018, indicating a worsening cash position[174]. - Cash and cash equivalents at the end of the first half of 2019 stood at 34,521,950.31 CNY, down from 64,806,789.95 CNY at the end of the first half of 2018, reflecting a decrease of approximately 47%[174]. Investment and R&D - R&D expenses increased by 7.33% to RMB 11.90 million, reflecting the company's commitment to innovation[54]. - The company is focusing on the development of new products, including inkjet printing technology and 3D printers for sand mold printing, which are expected to be key future offerings[13]. - The company successfully launched mass production sales of the 3D sand printing machine, particularly the S2000 model, which boasts high printing efficiency and large output[48]. Risks and Management - The company reported significant risks in new product development due to high technical barriers, which may lead to delays in achieving mass production and economic benefits[5]. - The accounts receivable amount is substantial, and the company is implementing stricter management to mitigate bad debt risks, which could impact operational performance[6]. - The company is facing foreign exchange risks as its overseas business primarily settles in USD, which could affect pricing competitiveness and lead to exchange losses[7]. Shareholder Information - The company does not plan to distribute cash dividends or issue bonus shares, indicating a focus on reinvestment[8]. - The total number of shares is 144,000,000, with 34.12% being restricted shares and 65.88% being unrestricted shares[136]. - The largest shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., holds 34.12% of shares, totaling 49,136,580 shares, with 25,940,000 shares pledged[139]. Market Position and Strategy - The company is positioned as a leading supplier in the domestic CTP market, with a comprehensive product line and a strong brand presence[28]. - The company is actively working on expanding its market presence and enhancing its product offerings to drive future growth[5]. - The company aims to enhance its market presence through strategic expansions and new product developments[182]. Assets and Liabilities - Total assets at the end of the reporting period were ¥586,787,803.43, a slight increase of 0.46% from ¥584,124,973.01 at the end of the previous year[21]. - Total liabilities decreased to CNY 61,026,453.08 from CNY 67,235,174.61, a reduction of approximately 9.8%[157]. - The company's total assets included cash and cash equivalents of RMB 37,161,124.26, which decreased by 5.58% compared to the previous year[60]. Corporate Governance - The company’s management is committed to ensuring the accuracy and completeness of the financial report, with key personnel affirming its integrity[3]. - The company has not reported any changes in its registered address or contact information during the reporting period, maintaining consistency in its operations[18]. - The financial statements are prepared based on the assumption of going concern and comply with the latest accounting standards issued by the Ministry of Finance[198].

Financial Performance - The company's operating revenue for 2018 was ¥173,900,336.44, a decrease of 3.49% compared to ¥180,187,839.78 in 2017[20]. - Net profit attributable to shareholders for 2018 was ¥25,443,343.08, down 30.63% from ¥36,680,334.40 in 2017[20]. - The net profit after deducting non-recurring gains and losses was ¥18,837,509.33, a decline of 34.42% from ¥28,726,220.90 in 2017[20]. - The total assets at the end of 2018 were ¥584,124,973.01, an increase of 6.95% from ¥546,171,308.25 at the end of 2017[20]. - The company reported a weighted average return on equity of 5.06% for 2018, down from 7.61% in 2017[20]. - The net cash flow from operating activities for 2018 was ¥31,584,343.07, a decrease of 8.49% from ¥34,515,028.15 in 2017[20]. - The basic earnings per share for 2018 were ¥0.1767, a decrease of 30.62% from ¥0.2547 in 2017[20]. - The total sales amount from the top five customers reached ¥131,190,435.88, representing 75.44% of the annual sales total[63]. - The overseas revenue accounted for 45.76% of total revenue, amounting to ¥79,570,735.58, a slight decrease of 0.72% from the previous year[54]. Dividend Distribution - The company reported a cash dividend of 0.35 RMB per 10 shares (including tax) based on 144,000,000 shares[8]. - The cash dividend for 2018 represents 19.81% of the net profit attributable to the parent company, which is RMB 25,443,343.08[117]. - In 2017, the company distributed cash dividends totaling RMB 15,200,000, which was 41.44% of the net profit[117]. - The company did not distribute any cash dividends in 2016[117]. - The cash dividend policy is in compliance with the company's articles of association and has been transparently executed[113]. - The cash dividend amount for 2018 is fully covered by the distributable profits of RMB 209,668,791.70[116]. - The remaining undistributed profits will be carried forward to future years[114]. - The company has maintained a complete decision-making process for profit distribution, ensuring shareholder interests are protected[112]. Risk Management - The company faces risks related to new product development due to high technical barriers and uncertainties in achieving mass production[5]. - Accounts receivable have increased significantly, posing a risk of bad debts, prompting the company to enhance receivables management[6]. - The company is exposed to foreign exchange risks, particularly with USD settlements affecting product pricing and potential exchange losses[8]. - The company has a comprehensive strategy to mitigate risks associated with receivables and foreign exchange fluctuations[6][8]. Product Development and Innovation - The company is focusing on the development of new products, including inkjet printheads and 3D printers for sand mold printing[13]. - The company aims to strengthen its market position through technological advancements and product innovation[5]. - The company launched the 3D sand printing equipment, Aisikai Storm S800, during the reporting period[29]. - The company launched the Storm S800 sand-type 3D printer in May 2018 and conducted commercial testing of its piezoelectric print head[45]. - The company is currently developing several advanced projects, including the "Zhi Jie 800 III CTP" system, which has achieved international advanced standards[68]. - The company is focusing on expanding its market presence through new product development and strategic partnerships[69]. - The company achieved a build speed of 127L/h for the Storm S2000 sand 3D printer, with a forming precision of ±0.3mm[74]. - The Storm S4000 sand 3D printer has a build speed of 500L/h and a forming precision of ±0.5mm[74]. Operational Efficiency - The company is committed to enhancing its operational efficiency and financial performance through improved management practices[6]. - The company has a strong talent pool with 95 R&D personnel specializing in various fields, enhancing its technological capabilities[37]. - The company has established a domestic sales network covering all provinces except Tibet and an overseas network in over 50 countries[40]. - The company’s service team provides a rapid service system, ensuring efficient customer support and enhancing client trust[41]. - The company improved the production process for commercial batch production of print heads, significantly enhancing glue improvement and part processing precision and efficiency[53]. Financial Management - The company has a comprehensive sales model combining distribution, direct sales, and operating leases for domestic sales of CTP products[30]. - The company is committed to enhancing its governance structure and internal control systems to improve operational standards and protect shareholder interests[51]. - The company increased its R&D expenses to ¥25,770,478.98, a rise of 32.59% compared to the previous year, reflecting a commitment to innovation[67]. - The sales expenses rose by 31.05% to ¥24,798,558.52, primarily due to increased market promotion efforts[67]. - The company reported a significant decrease in financial expenses, which turned from a cost of ¥3,614,974.22 in 2017 to a gain of ¥1,809,403.45 in 2018, a change of -150.05%[67]. Corporate Governance - The company emphasizes the importance of accurate financial reporting and compliance with regulatory standards[3]. - The company has committed to supporting profit distribution and will vote in favor of cash distributions considering the company's development status[127]. - The company will disclose profit distribution plans and the use of retained earnings in regular reports[127]. - The board of directors may propose interim dividends based on the company's funding needs[127]. - The company has maintained compliance with all regulatory requirements regarding shareholding and stock price stability measures[121]. Subsidiaries and Investments - The company established two new subsidiaries: Guangzhou Aiweite Technology Co., Ltd. with a registered capital of ¥14.28 million and Hefei Teze Information Technology Co., Ltd. with a registered capital of ¥5 million[62]. - The company acquired land use rights for a total area of 12,516 square meters in Hangzhou for CNY 6.59 million to build a production line for digital plate-making machines and industrial piezoelectric print heads[47]. - The company plans to invest a total of RMB 600 million in the 3D printing shared center project in Luoyang High-tech Zone, with an initial investment of RMB 35 million[155]. Compliance and Legal Matters - The company has not faced any penalties or rectification issues during the reporting period[142]. - The company has not engaged in any related party transactions during the reporting period[144]. - The company has not reported any significant contracts during the reporting period[174]. - The company has complied with environmental protection regulations and has not faced any pollution incidents[178].

Financial Performance - Total revenue for Q1 2019 was ¥31,613,903.66, a decrease of 0.77% compared to ¥31,857,746.61 in the same period last year[7] - Net profit attributable to shareholders was -¥1,727,450.17, representing a decline of 169.60% from ¥2,481,798.07 year-over-year[7] - Basic and diluted earnings per share were both -¥0.0120, down 169.77% from ¥0.0172 in the same period last year[7] - The company reported a net profit of -¥172.75 million for Q1 2019, a decline of 169.60% year-over-year, attributed to increased market activities and R&D investments[16] - The company reported a total comprehensive loss of -¥1,611,647.47, down from a comprehensive income of ¥2,481,798.07 in the previous period[38] - Operating profit for the current period is -¥1,799,489.94, a decrease from ¥2,630,261.80 in the previous period[37] - Total profit for the current period is -¥1,905,197.95, compared to ¥2,627,040.24 in the previous period[37] Cash Flow - Net cash flow from operating activities was -¥20,589,061.75, a significant drop of 4,874.03% compared to ¥431,271.92 in the previous year[7] - The company incurred a net cash outflow from operating activities of -¥20,589,061.75, a decrease of 4874% year-over-year, mainly due to payments for raw materials and operational costs[15] - Operating cash inflow totaled ¥46,654,930.61, down 12.5% from ¥53,097,681.83 in the previous period[45] - Operating cash outflow increased to ¥67,243,992.36, compared to ¥52,666,409.91 in the previous period, resulting in a net cash flow from operating activities of -¥20,589,061.75[45] - The net increase in cash and cash equivalents was -¥67,542,093.59, compared to an increase of ¥35,514,143.55 in the previous period[46] - The ending balance of cash and cash equivalents was ¥53,046,765.86, down from ¥104,750,636.92 in the previous period[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥578,530,624.83, a decrease of 0.96% from ¥584,124,973.01 at the end of the previous year[7] - Total liabilities decreased to CNY 60,313,924.42 from CNY 67,235,174.61, a reduction of approximately 10.5%[28] - Current liabilities totaled CNY 56,505,966.38, down from CNY 63,359,858.33, indicating a decrease of about 10.5%[28] - Owner's equity increased slightly to CNY 518,216,700.41 from CNY 516,889,798.40, showing a marginal increase of about 0.3%[29] Investments and Expenditures - The company has committed to invest ¥20,850 million in various projects, with a total of ¥19,510.94 million already invested, achieving a completion rate of 93.6%[20] - The R&D center construction project has been fully funded with an investment of ¥747.16 million, achieving 100% of the planned investment[20] - The CTP equipment production project has also been fully funded with an investment of ¥852.57 million, achieving 100% of the planned investment[20] - Research and development expenses rose to ¥6,035,076.09, an increase of 22.7% compared to ¥4,922,182.80 in the previous period[35] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,182[11] - The largest shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., held 34.12% of shares, totaling 49,136,580 shares[11] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] Operational Changes - The company launched the Storm S800 sand-type 3D printer and conducted commercial testing of its piezoelectric nozzles during the reporting period[16] - The marketing service network construction has been adjusted to establish 3 service points in Beijing, Hangzhou, and Guangzhou instead of the originally planned 8 locations[21] - The company plans to shift focus from CTP production to MEMS print head production due to market conditions and product maturity, indicating a strategic pivot in investment priorities[20]

Financial Performance - The company's operating revenue for 2018 was ¥173,900,336.44, a decrease of 3.49% compared to ¥180,187,839.78 in 2017[20]. - The net profit attributable to shareholders for 2018 was ¥25,443,343.08, down 30.63% from ¥36,680,334.40 in 2017[20]. - The net profit after deducting non-recurring gains and losses was ¥18,837,509.33, a decline of 34.42% from ¥28,726,220.90 in 2017[20]. - The basic earnings per share for 2018 was ¥0.1767, a decrease of 30.62% from ¥0.2547 in 2017[20]. - The company reported a net cash flow from operating activities of ¥31,584,343.07, down 8.49% from ¥34,515,028.15 in 2017[20]. - The weighted average return on equity for 2018 was 5.06%, down from 7.61% in 2017[20]. - The company's total assets increased by 6.95% to ¥584,124,973.01 at the end of 2018, compared to ¥546,171,308.25 at the end of 2017[20]. - The company's total revenue for 2018 was approximately ¥173.9 million, a decrease of 3.49% compared to ¥180.2 million in 2017[52]. Dividend Distribution - The company reported a cash dividend of 0.35 RMB per 10 shares (including tax) based on 144,000,000 shares[8]. - The cash dividend amount represents 19.81% of the net profit attributable to the parent company for the year 2018, which is RMB 25,443,343.08[114]. - The total distributable profit for the year 2018 is RMB 209,668,791.70[110]. - The cash dividend for 2018 is 100% of the total profit distribution amount[110]. - The company plans to distribute a cash dividend of RMB 0.35 per 10 shares, totaling RMB 5,040,000 for the year 2018[111]. - In 2017, the company distributed a cash dividend of RMB 1.00 per 10 shares, totaling RMB 15,200,000, which was 41.44% of the net profit[114]. - The company did not distribute any cash dividends in 2016[114]. - The company has not made any adjustments to its cash dividend policy during the reporting period[110]. Risks and Challenges - The company faces risks related to new product development, with potential delays impacting future performance[5]. - Accounts receivable have increased significantly, posing a risk of bad debts, which the company aims to mitigate through enhanced management[6]. - The company is exposed to foreign exchange risks due to overseas business primarily settled in USD, which could affect pricing competitiveness and profits[8]. - The company has a high technical barrier in its product development, which may lead to uncertainties in achieving mass production[5]. - The company emphasizes the importance of controlling collection risks during contract signing to reduce accounts receivable risks[6]. Product Development and Innovation - The company is focusing on the development of new products, including inkjet printheads and 3D printers for sand mold printing[13]. - The company launched the 3D sand printing equipment, Aisikai Storm S800, during the reporting period[29]. - The company is currently developing several advanced projects, including the "Zhi Jie 800 III CTP" system, which has achieved international advanced standards[64]. - The "Storm S800" sand-type 3D printer is in small batch production and has reached international advanced levels in precision[64]. - The company is focusing on the development of new MEMS printing head products and technologies, enhancing its market position and international competitiveness[46]. Market Position and Strategy - The company is actively pursuing market expansion and new technology development to enhance its competitive position[5]. - The company is recognized as one of the leading suppliers of CTP in China, with significant market share and brand influence[31]. - The company has established a comprehensive sales network with 9 domestic distributors and 6 overseas distributors, covering over 50 countries and regions[38]. - The company aims to establish itself as a leading player in the 3D printing service industry, focusing on service printing centers and expanding into international markets[102]. Research and Development - The company has a strong talent pool with 95 R&D personnel specializing in various fields, enhancing its technological capabilities[36]. - R&D investment amounted to ¥25,770,478.98 in 2018, representing 14.82% of total revenue[72]. - The number of R&D personnel increased to 95 in 2018, accounting for 30.25% of the workforce[72]. - The company focuses on continuous technological innovation, holding multiple patents and advanced CTP core technologies, including space light modulation technology[34]. Financial Management and Investments - The company has made significant investments in R&D and market promotion, which are key factors for the decline in profits[42]. - The company has improved its service system, providing 7*12 hours of technical support and professional customer service, enhancing customer trust[39]. - The company has established a scientific decision-making mechanism and strengthened its internal control system to enhance governance standards[49]. - The company is committed to complying with relevant laws and regulations to protect the interests of shareholders and maintain operational integrity[49]. Subsidiaries and Corporate Structure - The company established two new subsidiaries: Guangzhou Aiweit Technology Co., Ltd. with a registered capital of 14.28 million CNY and Hefei Teze Information Technology Co., Ltd. with a registered capital of 5 million CNY[59]. - The company holds a 70.03% voting rights in Guangzhou Aiweit Technology Co., Ltd. and 100% in Hefei Teze Information Technology Co., Ltd., both of which are consolidated in the financial statements[135]. Compliance and Governance - The company has maintained transparency and compliance with information disclosure regulations[173]. - The company has not faced any penalties or rectification issues during the reporting period[139]. - The company confirmed that there were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[127]. - The company has not encountered any violations of commitments made by controlling shareholders and actual controllers since its listing[124]. Shareholder Structure - The total number of shares is 144,000,000, with 34.12% (49,136,580 shares) being limited sale shares and 65.88% (94,863,420 shares) being unrestricted sale shares[184]. - The largest shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., holds 34.12% of the total shares, amounting to 49,136,580 shares[189]. - The shareholder structure includes significant holdings by foreign and domestic entities, with DT CTP Investment Limited holding 11.29% (16,257,083 shares) of the unrestricted shares[190].

Financial Performance - Net profit attributable to shareholders decreased by 16.71% to CNY 8,225,946.92 for the current period[7] - Operating revenue declined by 4.92% to CNY 49,356,664.00 for the current period[7] - Basic earnings per share fell by 16.76% to CNY 0.0571[7] - Net cash flow from operating activities decreased by 27.04% to CNY 19,288,622.10 year-to-date[7] - The weighted average return on equity decreased by 0.38% to 1.64% for the current period[7] - Total operating revenue for Q3 2018 was CNY 49,356,664, a decrease of 4.9% compared to CNY 51,909,076.82 in the same period last year[34] - The net profit for Q3 2018 was CNY 8,225,832.36, down from CNY 9,876,398.78 in the same period last year, indicating a decrease of about 16.7%[36] - The total profit for Q3 2018 was CNY 9,420,541.28, compared to CNY 11,368,065.03 in the previous year, reflecting a decline of approximately 17.1%[36] - The company's operating profit for Q3 2018 was CNY 9,427,000.29, down from CNY 11,290,930.49 in the previous year, a decrease of about 16.5%[36] - The total comprehensive income for Q3 2018 was CNY 8,225,832.36, compared to CNY 9,876,398.78 in the same period last year, indicating a decrease of approximately 16.7%[37] Assets and Liabilities - Total assets increased by 2.20% to CNY 558,171,582.40 compared to the end of the previous year[6] - Non-current assets totaled CNY 199,373,589.00, an increase from CNY 132,717,239.70 at the beginning of the period, representing a growth of 50.1%[32] - Total assets reached CNY 597,939,916.78, up from CNY 563,962,618.26, indicating a growth of 6.0%[32] - Total liabilities amounted to CNY 154,315,313.38, compared to CNY 104,825,197.39 at the start of the period, marking a significant increase of 47.2%[32] - The company's cash and cash equivalents increased to CNY 82,748,810.28 from CNY 76,618,475.04, reflecting a growth of 8.8%[31] - Accounts receivable decreased slightly to CNY 152,072,496.80 from CNY 154,972,599.71, a decline of 1.2%[31] - The company's retained earnings decreased to CNY 126,955,474.01 from CNY 142,468,291.48, a decline of 10.9%[33] - The total equity attributable to shareholders increased to CNY 505,284,054.00 from CNY 494,231,517.15, reflecting a growth of 2.1%[29] Cash Flow - The company reported a cash flow from operating activities of CNY 19,288,622.10, down 27.0% from CNY 26,437,033.17 in the same quarter last year[49] - The net cash flow from investment activities was -278,055.22 CNY, a decrease from -5,747,051.41 CNY in the previous period, indicating improved cash management[51] - The net cash flow from financing activities was -7,199,997.40 CNY, compared to a positive 4,341,032.11 CNY in the previous period, reflecting increased financial pressure[51] - The cash and cash equivalents at the end of the period amounted to 82,751,439.93 CNY, down from 114,997,000.68 CNY in the previous year[52] - Operating cash inflow totaled 193,424,765.07 CNY, a slight decrease from 202,147,955.21 CNY year-over-year[53] - The net cash flow from operating activities was 38,290,206.16 CNY, compared to 39,679,964.55 CNY in the previous period, showing a stable operational performance[53] - Cash received from the sale of goods and services was 158,428,939.31 CNY, up from 156,499,388.74 CNY in the previous year, indicating a slight growth in sales[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,891[11] - The largest shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., holds 34.12% of shares[11] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] Investments and Expenses - Research and development expenses increased to CNY 6,966,216.61, up from CNY 4,599,897.96 in the previous year, reflecting a growth of 51.5%[34] - The company's R&D expenses increased to CNY 5,530,659.56 in Q3 2018, up from CNY 3,021,810.90 in the previous period, marking an increase of about 83.3%[39] - Research and development expenses increased to CNY 13,310,018.16, up 38.0% from CNY 9,619,274.46 in Q3 2017[47] - Investment income surged by 191% from CNY 938,635.22 to CNY 2,730,177.11, driven by increased profits from joint ventures and financial products[16] - The investment income for Q3 2018 was CNY 1,395,426.52, compared to CNY 592,078.14 in the previous year, showing an increase of approximately 135.5%[40] Legal and Compliance - The company resolved a legal dispute with Shandong Xingbao, which will not materially impact its operations or financial status[17] - The company completed its 2017 profit distribution plan on May 23, 2018, ensuring compliance with regulations and protecting minority shareholders' interests[20]

Financial Performance - Total revenue for the reporting period was CNY 76,309,061.59, a decrease of 8.76% compared to CNY 83,632,522.67 in the same period last year[19]. - Net profit attributable to shareholders was CNY 10,026,589.93, down 47.60% from CNY 19,135,988.95 year-on-year[19]. - Net profit after deducting non-recurring gains and losses was CNY 7,668,190.54, a decline of 44.19% compared to CNY 13,740,112.58 in the previous year[19]. - Basic earnings per share decreased to CNY 0.0696, down 47.63% from CNY 0.1329 in the same period last year[19]. - The company reported a total profit of CNY 12,314,981.50, down 44.3% from CNY 22,069,855.62 in the previous year[147]. - The company experienced a significant increase in asset impairment losses, which rose to CNY 1,418,297.42 from CNY 912,507.01, reflecting a rise of 55.5%[147]. - The company achieved a net cash flow from operating activities of ¥21,287,181.05, a decrease of 6.28% from the previous year[45]. - The company reported a significant increase in long-term equity investments from 19,834,430.44 to 24,901,397.60, an increase of about 25.5%[138]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 553,316,337.65, an increase of 1.31% from CNY 546,171,308.25 at the end of the previous year[19]. - Total current assets decreased from 427,246,059.47 to 404,488,354.29, a decline of approximately 5.5%[138]. - Total current liabilities increased from 44,265,329.39 to 50,340,329.66, an increase of approximately 13.1%[139]. - Total liabilities increased from 51,939,791.10 to 56,258,230.57, an increase of about 8.8%[139]. - Total equity increased from 494,231,517.15 to 497,058,107.08, a growth of approximately 0.6%[140]. Investment and R&D - The company plans to focus on the development of new products, including inkjet printheads, which are expected to be a key offering in the future[10]. - The company’s R&D investment increased by 18.62% to ¥11,084,497.01 from ¥9,344,330.69 year-on-year[45]. - The company has developed several innovative technologies for industrial inkjet print heads, improving performance and reducing production costs[34]. - The company is actively exploring new industrial applications based on its three core technologies, including 3D printing[40]. Market and Sales - The company has a significant presence in the CTP market, being one of the leading suppliers in China with a comprehensive product line including both offset and flexo CTP machines[26]. - The company’s sales model for domestic sales of offset CTP includes a combination of distribution, direct sales, and leasing, with distribution being the primary method[28]. - The flexo CTP technology is still in a rapid development phase, while offset CTP has reached maturity, indicating different growth trajectories for these products[29]. - The overseas sales network covers over 50 countries and regions, including South Korea, India, and Brazil[36]. Risk Management - The company has identified potential risks in its operations and has outlined corresponding countermeasures in the report[4]. - Aisikai Technology is facing risks in new product development due to high technical barriers, which may impact future performance if production timelines are delayed[72]. - Aisikai Technology is addressing the risk of large accounts receivable by strengthening contract management and collection efforts to mitigate bad debt risks[73]. - The company acknowledges the risk of declining demand for traditional printing due to the rise of digital information dissemination, prompting a shift towards industrial inkjet printing technology[74]. - The company is exposed to foreign exchange risks due to USD-denominated exports, with measures in place to manage currency fluctuations[75]. Corporate Governance - The company does not plan to distribute cash dividends or issue bonus shares[5]. - The company has no significant litigation or arbitration matters affecting its financial status[83]. - There were no stock incentive plans or employee stock ownership plans implemented during the reporting period[87]. - The company did not engage in any related party transactions during the reporting period[88]. Financial Reporting and Compliance - The company’s half-year financial report has not been audited, indicating a need for further financial scrutiny[80]. - The financial report for the first half of 2018 has not been audited[135]. - The company’s financial statements comply with the latest accounting standards issued by the Ministry of Finance, reflecting its financial position, operating results, and cash flows accurately[180]. - The company maintains a continuous operation capability for at least 12 months post-reporting period, indicating financial stability[178]. Shareholder Information - The total number of shares is 144 million, with 34.12% being limited shares and 65.88% being unrestricted shares[119]. - The largest shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., holds 34.12% of shares, totaling 49,136,580 shares[122]. - The total number of common shareholders at the end of the reporting period is 11,798[122]. - The total shares held by the top ten shareholders include 8,375,665 shares held by Gongqingcheng Rongshikai Investment Center, which decreased by 2,380,777 shares[122].

Financial Performance - The company's operating revenue for 2017 was ¥180,187,839.78, a decrease of 2.78% compared to ¥185,345,203.02 in 2016[5]. - The net profit attributable to shareholders for 2017 was ¥36,680,334.40, down 21.41% from ¥46,674,778.34 in 2016[5]. - The net profit after deducting non-recurring gains and losses was ¥28,726,220.90, a decline of 32.04% from ¥42,267,960.27 in 2016[5]. - The company's total revenue for 2017 was CNY 180.19 million, a decrease of 2.78% compared to the previous year[46]. - The total profit for the year was CNY 41.46 million, down 22.8% year-on-year, while the net profit attributable to the parent company was CNY 36.68 million, a decline of 21.41%[46]. - The company's cash flow from operating activities increased by 9.73% to ¥34,515,028.15 in 2017, compared to ¥31,455,081.77 in 2016[5]. - The total assets at the end of 2017 were ¥546,171,308.25, reflecting a growth of 5.89% from ¥515,801,286.70 at the end of 2016[5]. - The net assets attributable to shareholders increased by 6.16% to ¥494,231,517.15 at the end of 2017, compared to ¥465,551,182.75 at the end of 2016[5]. Dividend Policy - The company reported a cash dividend of 0.50 RMB per 10 shares (including tax) and no bonus shares, based on a total of 144,000,000 shares[10]. - The company plans to distribute cash dividends of ¥1 per share (before tax) during the reporting period[71]. - The cash dividend represents 100% of the total profit distribution amount, with a distributable profit of RMB 191,425,448.62[101]. - The company has not conducted any cash dividends or stock bonuses in the previous two years (2015 and 2016)[103]. - The company aims to increase the proportion of cash dividends in profit distribution, with a minimum of 10% of distributable profits allocated to cash dividends annually[111]. - The company will ensure that cash dividends account for at least 80% of profit distribution during mature stages without significant capital expenditure, and at least 40% during mature stages with significant capital expenditure[111]. - The company has established a commitment to maintain a minimum of 20% cash dividend distribution during growth stages with significant capital expenditures[111]. Risk Management - The company faces risks related to new product development, particularly due to high technical barriers and potential delays in achieving mass production, which could adversely affect future performance[6]. - The company has a significant accounts receivable amount, which poses a risk of bad debts; it plans to strengthen collection efforts to mitigate this risk[7][9]. - The company is exposed to foreign exchange risks due to overseas business primarily settled in USD, which could impact product pricing competitiveness and lead to exchange losses[10]. - The company emphasizes the importance of risk awareness regarding forward-looking statements related to development strategies and future plans[5]. - The company is committed to enhancing contract signing processes to control collection risks more effectively[9]. Product Development and Innovation - The company is focusing on the development of new products, including inkjet print heads, which are expected to be a key offering in the future[16]. - The company plans to launch a new sand-type 3D printing device, Aisikai Storm S800, in May 2018, utilizing self-developed piezoelectric inkjet printheads[32]. - The company aims to enhance its piezoelectric inkjet printhead technology as part of its ongoing R&D efforts[99]. - The company is developing several advanced projects, including a high-power laser printing head with a power of 600W and a resolution of 2400-5080 DPI for a new flexo engraving machine[66]. - The company is focusing on expanding its 3D printing equipment development to meet diverse market needs, following the launch of the Storm S800 sand mold 3D printer[99]. - The company aims to introduce more models of 3D printing equipment over the next three years, promoting the commercial application of 3D printing in China, including a full range of sand-type 3D printing products S800, S2000, S4000, and metal 3D printing series[93]. - The company emphasizes technological innovation, holding multiple patents and focusing on three core technologies: laser printing, piezoelectric inkjet printing, and precision motion control[38]. Market Presence and Sales Strategy - The company is a leading supplier of CTP products in China, with significant market share and brand influence in the industry[34]. - The sales model for domestic sales of CTP products includes a combination of distribution, direct sales, and leasing, with distribution being the primary method[33]. - The company has successfully expanded its product line to include both offset and flexo CTP technologies, enhancing its market presence[31]. - The company has established a sales network covering all provinces in China except Tibet, and has overseas distributors in over 50 countries[42]. - Revenue from overseas regions grew by 4.79% to ¥80,148,358.87, making up 44.48% of total revenue[52]. Research and Development - Research and development (R&D) investment in 2017 reached ¥19,435,972.70, representing 10.79% of operating revenue, an increase from 9% in 2016[68]. - The number of R&D personnel increased to 84 in 2017, accounting for 28.77% of the total workforce[68]. - The company is committed to building a team with innovation and responsibility, enhancing corporate culture and team cohesion[96]. - The company plans to actively recruit and train excellent R&D personnel to improve its core technology strength[110]. Corporate Governance - The company has a strong governance structure with a board of directors and supervisory board ensuring compliance and oversight[188]. - The board consists of 9 members, including 3 independent directors, ensuring a diverse governance structure[182]. - The company has maintained its accounting firm, Tianzhi International Accounting Firm, for five consecutive years, with an audit fee of ¥500,000[121]. - The company has not faced any regulatory penalties in the past three years, indicating strong compliance and governance practices[195]. Employee Management - The total number of employees in the company is 292, with 65 in the parent company and 227 in major subsidiaries[199]. - The professional composition includes 95 production personnel, 56 sales personnel, 84 technical personnel, 12 financial personnel, and 45 administrative personnel[199]. - The company has established a salary management system that ensures internal fairness and external competitiveness, managed by the Human Resources Department[200]. - The salary structure is designed to be clear and effective in safeguarding employee interests, reflecting the guiding and competitive principles of the salary system[200]. Legal and Compliance - The company is involved in a lawsuit with Shandong Xingbao, claiming a total of ¥6.5 million, which includes a request for the return of 15 CTP devices and compensation for economic losses[123]. - The company has not engaged in any related party transactions during the reporting period[127]. - The company has confirmed that all commitments made to minority shareholders have been fulfilled on time[113]. - The company has not reported any prior accounting errors during the financial reporting period[119].

Financial Performance - Total revenue for Q1 2018 was ¥31,857,746.61, a decrease of 9.23% compared to ¥35,098,287.53 in the same period last year[7] - Net profit attributable to shareholders was ¥2,481,798.07, down 60.46% from ¥6,276,039.20 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥1,095,101.96, a decline of 79.12% from ¥5,244,877.31 in the previous year[7] - Basic earnings per share decreased by 60.55% to ¥0.0172 from ¥0.0436 year-on-year[7] - The net profit attributable to the listed company for Q1 2018 was 2.48 million, down 60.5% year-on-year, primarily due to foreign exchange losses from the decline in the US dollar exchange rate[18] - The net profit for Q1 2018 was a loss of CNY 2,840,200.76, compared to a net profit of CNY 1,105,326.05 in Q1 2017, indicating a significant downturn[44] Cash Flow - Net cash flow from operating activities was ¥431,271.92, a significant drop of 93.25% compared to ¥6,387,766.90 in the same period last year[7] - The cash flow from operating activities generated a net cash inflow of CNY 431,271.92, a decrease of 93.2% compared to CNY 6,387,766.90 in the previous year[48] - The net cash flow from operating activities for Q1 2018 was ¥19,410,220.64, a significant increase from ¥1,947,216.26 in Q1 2017, representing a growth of approximately 895%[52] - The total cash and cash equivalents at the end of Q1 2018 reached ¥103,868,409.99, up from ¥77,515,455.68 at the end of Q1 2017, indicating an increase of about 33.9%[53] - The cash outflow from investment activities was CNY 121,968,008.30, a decrease from CNY 148,877,682.28, indicating a reduction of 18.1%[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥547,539,437.81, an increase of 0.25% from ¥546,171,308.25 at the end of the previous year[7] - Total liabilities decreased to ¥50,826,122.59 from ¥51,939,791.10, a reduction of approximately 2.1%[34] - Total assets amounted to ¥586,257,167.99, an increase from ¥563,962,618.26 at the beginning of the period[38] - Total liabilities at the end of Q1 2018 were CNY 129,959,947.88, up from CNY 104,825,197.39 at the beginning of the period[38] Shareholder Information - The top shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., holds 34.12% of shares, amounting to 49,136,580 shares[12] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[14] Risks and Legal Issues - The company faces risks related to new product development, large accounts receivable, and exchange rate fluctuations[10] - The company reported a significant increase in accounts receivable, which poses a potential bad debt risk[10] - The company faced a lawsuit from a distributor, claiming a return of 15 CTP devices and compensation for economic losses, but this is not expected to materially impact operations or financial status[19] Operational Adjustments - The marketing service network construction project has been adjusted to establish three service points in Beijing, Hangzhou, and Guangzhou instead of eight originally planned[25] - The company reported no violations regarding external guarantees during the reporting period[26] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[27] - The company has not disclosed any issues regarding the use of raised funds[25] Investment and Fund Utilization - The total amount of funds raised was 188.92 million, with 6.58 million invested in the current quarter[23] - The cumulative amount of raised funds utilized reached 89.49 million, with 13.22% of the R&D center construction project completed as of April 7, 2018[23] - Prepayments increased by 130% to 11.27 million, mainly due to prepayments for R&D and rent[17] - The company's other non-current assets increased by 90% to 13.76 million, primarily due to prepayments for land in Hangzhou[17] Financial Expenses - The company's financial expenses increased by 704% to 2.32 million, mainly due to significant changes in exchange gains and losses[17] - The financial expenses for the quarter were CNY 2,322,141.92, significantly higher than CNY 306,689.24 in the same period last year, indicating an increase of 657.5%[44]

Financial Performance - Operating revenue decreased by 13.53% to CNY 51,909,076.82 for the current period[9] - Net profit attributable to shareholders decreased by 40.23% to CNY 9,876,398.78 for the current period[9] - Basic earnings per share decreased by 40.24% to CNY 0.0686[9] - The company reported a decrease in other income by 45.36% to CNY 3,939,675, mainly due to reduced government subsidies received[21] - Total operating revenue for Q3 2017 was CNY 51,909,076.82, a decrease from CNY 60,028,558.96 in the previous period[41] - Net profit for the period was CNY 9,876,398.78, down from CNY 16,525,194.01 in the same period last year, representing a decline of approximately 40%[42] - Total operating revenue for the current period was ¥135,541,599.49, a decrease of 1.4% compared to ¥137,512,960.74 in the previous period[48] - Net profit for the current period was ¥29,012,387.73, down 10.3% from ¥32,378,480.66 in the previous period[50] - The total comprehensive income for the current period was ¥29,012,387.73, down from ¥32,378,480.66 in the previous period[51] Assets and Liabilities - Total assets increased by 7.07% to CNY 552,278,797.12 compared to the end of the previous year[9] - The company's total assets increased to CNY 592,345,056.51 from CNY 555,467,816.33, reflecting a growth of about 6.5%[39] - The company's total liabilities increased to RMB 65.7 million from RMB 50.3 million, marking an increase of about 30.6%[35] - Total liabilities rose to CNY 181,743,136.92, up from CNY 143,095,701.07, marking an increase of approximately 27%[39] - The company's equity totaled CNY 410,601,919.59, slightly down from CNY 412,372,115.26, indicating a marginal decrease[39] Cash Flow - Cash flow from operating activities increased by 156.57% to CNY 26,437,033.17 year-to-date[9] - Operating cash flow increased by 156.57% to CNY 26,437,033, driven by improved collection efforts during the reporting period[21] - The cash inflow from operating activities totaled CNY 202,147,955.21, an increase from CNY 165,800,863.49 in the previous period, representing a growth of approximately 21.9%[59] - The net cash flow from operating activities was CNY 39,679,964.55, significantly higher than CNY 9,753,904.25 in the same period last year, indicating a year-over-year increase of about 307.5%[59] - Cash inflow from financing activities was CNY 20,000,000.00, down from CNY 225,342,886.69 in the previous period, reflecting a decrease of approximately 91.1%[60] - The total cash and cash equivalents at the end of the period reached CNY 114,595,147.60, a decrease from CNY 237,724,192.39 in the previous year[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,025[13] - The largest shareholder, Guangzhou Aishute Investment Co., Ltd., holds 34.12% of the shares[13] - No changes in share capital due to new issuance or other reasons during the reporting period[9] - The independent directors confirmed that the profit distribution plan complies with relevant laws and regulations, protecting the interests of minority shareholders[27] Investments and Projects - Long-term equity investments reached CNY 19,684,603, attributed to new investments in two joint ventures during the reporting period[20] - Construction in progress increased by 82.71% to CNY 43,345,588, mainly due to investments in the "CTP equipment production project"[20] - The company reported an increase in construction in progress to CNY 43,345,588.26 from CNY 23,723,806.49, indicating ongoing investment in growth[39] Financial Expenses - Financial expenses showed a significant increase of 283% to CNY 3,054,048, primarily due to a decline in the US dollar exchange rate[20] - Financial expenses for the period were CNY 1,680,204.16, compared to a negative CNY 620,577.13 in the previous period, showing a significant increase in costs[42] Legal Matters - The company is currently involved in an ongoing lawsuit with Shandong Xingbao, which has resulted in a freeze on certain funds, impacting cash flow[23]

Financial Performance - Total revenue for the reporting period reached ¥83,632,522.67, an increase of 7.93% compared to ¥77,484,401.78 in the same period last year[25]. - Net profit attributable to shareholders was ¥19,135,988.95, reflecting a growth of 20.71% from ¥15,853,286.65 year-on-year[25]. - Net cash flow from operating activities surged to ¥22,713,081.16, a significant increase of 1,204.13% compared to ¥1,741,621.27 in the previous year[25]. - Total assets at the end of the reporting period amounted to ¥536,688,787.12, up 4.05% from ¥515,801,286.70 at the end of the previous year[25]. - The company achieved operating revenue of 83.63 million yuan, an increase of 7.93% compared to the same period last year[48]. - Net profit attributable to shareholders reached 19.14 million yuan, up 20.71% year-on-year, driven by increased sales of flexo CTP technology[48]. - The gross profit margin for the reporting period is not explicitly stated but can be inferred to be positively impacted by the increase in net profit and revenue[25]. - Non-recurring gains and losses totaled ¥5,395,876.37, with government subsidies contributing significantly to this figure[30]. Market and Competition - The company reported significant growth in its CTP market share, driven by improvements in quality and technology, but faces increased competition leading to potential price declines[5]. - The demand for traditional offset CTP is negatively impacted by the rise of digital information dissemination methods, although it is not expected to fully replace traditional media[9]. - The overall economic outlook remains uncertain, which could impact the company's future performance and market expansion strategies[7]. - The company has a strong brand presence in the domestic CTP market, being one of the leading suppliers in the industry[34]. - The company is focusing on improving its product and business layout to counteract competitive pressures and enhance profitability[5]. Research and Development - The company is committed to continuous R&D innovation to enhance product performance and maintain market competitiveness[5]. - R&D investment amounted to 9.34 million yuan, a 6.08% increase from the previous year, reflecting ongoing innovation efforts[53]. - The company is focusing on the development of industrial inkjet print head technologies, with several core technologies already established[49]. - The company plans to accelerate technology innovation and new product development over the next three years, focusing on high-performance industrial inkjet print head technology[79]. - The company aims to enhance existing CTP products and develop new high-end CTP products with higher precision and efficiency[80]. Legal and Regulatory Matters - A pending lawsuit could impact the company, with a claim for the return of 15 CTP devices and a total of RMB 5.1573 million in damages, although it is not expected to have a significant effect on operations[11][12]. - The company is involved in a lawsuit regarding the return of 15 CTP devices and a claim for RMB 5.1573 million, with ongoing legal proceedings[95]. - There were no violations regarding external guarantees during the reporting period[110]. Investment and Financing - The company has invested in two new joint ventures during the reporting period, indicating strategic expansion[39]. - The total amount raised from the public offering was ¥225,200,000.00, with a net amount of ¥188,907,500.00 after deducting issuance costs[64]. - A financing plan will be implemented to optimize the capital structure through a combination of equity and debt financing to support sustainable development[84]. - The company has committed a total investment of 20,850 million CNY for various projects, with a cumulative investment of 6,492.18 million CNY achieved, representing 31.1% of the planned investment[68]. Operational and Management Insights - The company has a robust service team that ensures efficient pre-sale, in-sale, and after-sale support, contributing to customer trust and business expansion[45]. - The marketing center project has been completed, while CTP production equipment and R&D center projects are progressing as planned[49]. - The company plans to expand CTP product capacity and improve process levels to meet domestic and international market demand over the next three years[81]. - The sales network will be enhanced by establishing regional marketing outlets in key areas such as Guangzhou, Hangzhou, and Beijing to support product promotion and after-sales services[82]. - The company aims to strengthen its talent team by recruiting high-level technical and management personnel to maintain core competitiveness[83]. Shareholder and Equity Information - The total number of shares is 80,000,000, with 75% (60,000,000 shares) being subject to restrictions[118]. - The largest shareholder, Guangzhou Aishute Investment Co., Ltd., holds 34.12% (27,298,100 shares) of the total shares[122]. - The company has not issued new shares or transferred shares during the reporting period[120]. - The company reported a total asset of RMB 536,688,787.12 as of June 30, 2017, an increase from RMB 515,801,286.70 at the beginning of the period, reflecting a growth of approximately 4.3%[140]. Cash Flow and Financial Position - Cash flow from operating activities saw a significant increase of 1,204.13%, reaching 22.71 million yuan, due to improved sales collections[53]. - The company's cash and cash equivalents amounted to ¥96,227,894.97, representing 17.93% of total assets, down from 51.04% the previous year[57]. - Accounts receivable stood at ¥144,456,306.89, accounting for 26.92% of total assets, a slight decrease of 0.04% from the previous year[57]. - The company reported a decrease in the general risk reserve of CNY 18,563,899.88 during the current period[163]. Accounting and Reporting Practices - The financial statements were approved by the board of directors on August 25, 2017, ensuring compliance with accounting standards[178]. - The company prepares consolidated financial statements based on the financial reports of the parent and subsidiaries, ensuring consistency in accounting policies and periods[189]. - The company’s financial reporting adheres to the relevant accounting standards, ensuring accurate representation of financial position and performance[195].