Financial Performance - The company's operating revenue for 2022 was ¥1,055,789,883.52, an increase of 8.07% compared to ¥976,926,685.73 in 2021[19]. - Net profit attributable to shareholders decreased by 50.95% to ¥35,773,307.38 from ¥72,937,665.60 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,604,071.64, down 73.94% from ¥67,556,233.21 in 2021[19]. - Basic earnings per share decreased by 50.95% to ¥0.1581 from ¥0.3223 in 2021[19]. - Total assets at the end of 2022 were ¥2,709,604,257.01, a decrease of 1.05% from ¥2,738,311,114.00 at the end of 2021[19]. - The company's net assets attributable to shareholders increased by 3.22% to ¥1,116,027,198.72 from ¥1,081,196,468.47 in 2021[19]. - The company reported a significant cash inflow in the fourth quarter, with cash flow from operating activities reaching ¥252,551,588.97[21]. - The company's total revenue for 2022 was CNY 1,055,789,883.5, representing a year-on-year increase of 8.07% compared to CNY 976,926,685.73 in 2021[91]. - The net profit attributable to shareholders for 2022 was CNY 3,577.33 million, a significant decrease of 50.95% year-on-year[89]. Dividend Distribution - The company plans to distribute a cash dividend of 0.43 RMB per 10 shares to all shareholders, based on a total of 227,814,392 shares[4]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, indicating potential operational risks[4]. - The company has a comprehensive risk management strategy outlined in its management discussion and analysis section[4]. Corporate Governance - The company is committed to ensuring the accuracy and completeness of its financial reports, with all board members present for the report's approval[4]. - The company has established a governance structure with independent directors who possess relevant qualifications and experience in finance and management[188][189]. - The company has continuously improved its corporate governance structure in compliance with relevant laws and regulations[169]. - The company has held 2 shareholder meetings and 11 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[170]. - The company has a dedicated financial department that operates independently, adhering to accounting standards and maintaining separate bank accounts[177]. Market Position and Strategy - The company is positioned to benefit from the growth of the digital economy, which is expected to reach ¥60 trillion by 2025, with a focus on digital transformation in various sectors[30]. - The company aims to enhance its communication network service capabilities and expand its market share in 5G construction, focusing on major operators like China Mobile, China Telecom, and China Unicom[153]. - The company plans to actively pursue mergers and acquisitions in the digital economy sector to effectively integrate resources and improve operational efficiency[158]. Research and Development - The company's R&D investment reached CNY 90.90 million in 2022, accounting for 8.61% of total revenue, an increase of 3.61 percentage points from the previous year[127]. - Research and development expenses increased by 57.00% to ¥62,603,476.56, aimed at enhancing technology deployment in smart agriculture and digital marketing[112]. - The company has obtained 27 new patents during the reporting period, including 12 invention patents, which are crucial for its technology development in communication and IoT[128]. Digital Marketing and Services - The digital marketing business was newly added in 2022, focusing on precision marketing strategies and performance evaluation through algorithmic models[51]. - The company is expanding its digital marketing operations from information flow to short video and live streaming, enhancing its service offerings[65]. - The company has launched a new digital marketing business, leveraging platforms like 巨量引擎 and 磁力金牛 to provide precise marketing strategies[88]. Operational Efficiency - The company aims to achieve a fault work order handling timely rate of 98.5% and a challenge value of 99.7% in its maintenance services[71]. - The company has a strong project execution capability, ensuring rapid response times for network faults and maintaining service quality[78]. - The company is focusing on developing a smart agriculture traceability platform utilizing blockchain technology for better quality control[113]. Technological Advancements - The company is focused on expanding its information technology services, particularly in the integration of communication and information technology[76]. - The company is exploring new product opportunities and market expansion through the integration of AI, big data, and IoT technologies[115]. - The company has developed smart community services covering 270 communities with a total of 100,000 users, centered in Fuzhou[61]. Financial Health - The company has a significant accounts receivable balance, with amounts of 1,123.99 million yuan and 1,046.49 million yuan at the end of 2022, which poses a risk of bad debts[161]. - The company reported a significant decrease in investment amounting to 8,000,000.00, down 80.65% from the previous year's investment of 41,350,000.00[142]. Leadership and Management - The company has a strong leadership team, with members holding advanced degrees and significant experience in their respective fields, including finance and technology[186][187][188][189][190]. - The management team has been in their current roles since at least December 2018, indicating stability in leadership[190]. - The total annual compensation for directors, supervisors, and senior management amounted to 4.4646 million yuan[194].

中富通集团股份有限公司 2023 年第一季度报告 中富通集团股份有限公司 2023 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第一季度报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | （%） | | | 营业收入（元） | 289,946,289.07 | 243,188,563.90 | | 19.23% | | 归属于上市公司股东的净利 | 15,192,356.22 | 14,727,225.04 | | 3.16% | | 润（ ...

证券代码：300560 证券简称：中富通 公告编号：2023-017 中富通集团股份有限公司 关于举办2022年度业绩说明会的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 重要内容提示： 会议召开时间：2023 年 05 月 09 日（星期二）15:00-17:00 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 会议问题征集： 投资者可于 2023 年 05 月 09 日 前 访问网址 https://eseb.cn/13uTGUVNTl6 或使用微信扫描下方小程序码进行会前提问，公 司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行 回答。 中富通集团股份有限公司（以下简称"公司"）已于 2023 年 04 月 27 日在 巨潮资讯网上披露了《2022 年年度报告全文》及《2022 年年度报告摘要》。为 便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2023 年 05 月 09 日（星期二）15:00-17:00 在"价值在线"（www.ir-online.cn） 举办 ...

证券代码：300560 证券简称：中富通 中富通股份有限公司 投资者关系活动记录表 编号：20170118 | --- | --- | |-------------------------|----------------------------------------------------------------------| | | ■ 特定对象调研□分析师会议 | | 投资者关系 | □ 媒体采访□业绩说明会 | | 活动类别 | □ 新闻发布会□路演活动 | | | □现场参观 | | | □ 其他（请文字说明其他活动内容） | | 参与单位名称及人 员姓名 | 民生证券：郑平、马松 | | 时间 | 2017 年 1 月 18 日 | | | | | 地点 | 公司会议室 | | 上市公司接待人员 | 董事会秘书：刘颖 | | 姓名 | 证券事务代表：林建平 | | 投资者关系活动主 | 1 、 公司业务情况介绍 | | 要内容介绍 | 答：公司设立以来，主要从事通信网络维护服务和通信网络优化服 | | | 务。主要客户包括三大电信运营商（中国移动、中国联通和中国电 | | | 信）和通信设备供应 ...

证券代码：300560 证券简称：中富通 编号：20180614 中富通股份有限公司 投资者关系活动记录表 | --- | --- | |----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | ■ 特定对象调研£分析师会议 | | 投资者关系 | £ 媒体采访□业绩说明会 | | 活动类别 | □ 新闻发布会□路演活动 | | | □现场参观 | | | □ 其他（请文字说明其他活动内容） | | 参与单位名称及人 员姓名 | 长城证券：汪洁 财通证券：唐航 | | | | ...

证券代码：300560 证券简称：中富通 中富通集团股份有限公司 投资者关系活动记录表 编号：20180912 | --- | --- | |-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | ■ 特定对象调研£分析师会议 | | 投资者关系 | £媒体采访□业绩说明会 | | 活动类别 | □ 新闻发布会□路演活动 | | | □ 现场参观 | | | □ 其他（请文字说明其他活动内容） | ...

Financial Performance - The company's revenue for Q3 2022 was ¥267,664,846.25, representing a year-over-year increase of 28.58%[3] - The net profit attributable to shareholders decreased by 76.45% to ¥2,859,985.22 for the quarter, and by 52.42% to ¥20,084,198.89 for the year-to-date[3] - The net profit for the year-to-date was ¥1,951,050, a decrease of 53.48% compared to the same period last year[9] - Net profit for Q3 2022 was CNY 19,510,468.60, a decrease of 53.5% from CNY 41,939,586.58 in Q3 2021[22] - The company’s comprehensive income totaled CNY 19,342,632.51, down 53.0% from CNY 41,172,218.19 in Q3 2021[22] - Basic earnings per share for the third quarter were 0.0888, compared to 0.19 in the previous period[23] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥131,920,333.15, an increase of 70.34% compared to the previous year[3] - Net cash flow from operating activities was -131,920,333.15, an improvement from -444,810,937.12 in the previous period[23] - Cash inflow from operating activities totaled 1,052,358,062.24, up from 622,587,905.57 in the previous period[23] - Cash outflow from operating activities was 1,184,278,395.39, compared to 1,067,398,842.69 in the previous period[23] - The ending balance of cash and cash equivalents was 295,216,650.59, compared to 35,006,320.21 in the previous period[25] - As of September 30, 2022, the company's cash and cash equivalents amount to 651,138,831.37 RMB, down from 782,269,940.55 RMB at the beginning of the year[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,582,751,657.47, a decrease of 5.68% from the previous year-end[3] - The company's total assets decreased to CNY 2,582,751,657.47 from CNY 2,738,311,114.00, reflecting a decline of 5.7%[19] - Total liabilities decreased to CNY 1,477,047,870.21, down 9.6% from CNY 1,632,999,307.90 year-on-year[19] - The total equity attributable to shareholders of the parent company was CNY 1,082,162,179.92, a slight increase from CNY 1,081,196,468.47[19] Operating Costs and Expenses - Total operating costs amounted to CNY 782,825,980.34, up 40.5% from CNY 556,862,144.45 year-on-year[20] - Research and development expenses increased by 66.04% to ¥37,486,800 for the year-to-date, reflecting the company's increased investment in R&D[8] - Research and development expenses increased to CNY 37,486,766.28, up 66.0% from CNY 22,577,619.99 in the previous year[20] Investments and Projects - The company reported a decrease in long-term equity investments by 93.07% to ¥2,598,100 due to the transfer of shares in a subsidiary[6] - The company plans to establish a joint venture with Fujian Supply and Marketing Group, with an investment of 40 million RMB, where the company will hold a 40% stake[15] - The company has been shortlisted for a project with China Unicom, with a total bid amount of 81,293,875.70 RMB, which includes 50,912,881.61 RMB for segment 1 and 30,380,994.09 RMB for segment 7[14] Market Strategy and Future Outlook - The company plans to continue focusing on digital marketing and maintenance projects to drive future growth despite current challenges[9] - The company has a plan to enhance its market competitiveness through successful project implementation and strategic partnerships[14] - The company is actively engaging in financing activities, with several shareholders participating in margin trading[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,807[12] - Chen Rongjie, the actual controller of the company, holds 25.20% of the shares, amounting to 57,020,549 shares[13] Other Income and Subsidies - The company received government subsidies amounting to ¥458,461.95 during the quarter, contributing to its other income[4] Accounts Receivable and Inventory - Accounts receivable stand at 1,120,324,242.98 RMB, showing a slight increase from 1,120,193,439.19 RMB at the beginning of the year[17] - Inventory has increased to 87,054,780.02 RMB from 58,928,181.48 RMB at the beginning of the year[17]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥536,773,203.03, representing a 32.11% increase compared to ¥406,299,252.51 in the same period last year[22]. - The net profit attributable to shareholders decreased by 42.71% to ¥17,224,213.67 from ¥30,065,736.20 year-on-year[22]. - The net profit after deducting non-recurring gains and losses fell by 60.75% to ¥11,776,229.18 compared to ¥30,003,976.90 in the previous year[22]. - Basic earnings per share decreased by 41.46% to ¥0.0761 from ¥0.13 in the previous year[22]. - The company reported a net profit of 5,447,984.49 yuan after accounting for non-recurring gains and losses, which includes government subsidies of 6,530,439.33 yuan[26]. - The company reported a total comprehensive income of ¥16,438,273.91, compared to ¥29,451,299.38 in the previous year, indicating a decline of 44.1%[197]. - The total profit amounted to ¥19,061,389.27, a decrease from ¥34,798,753.88 in the previous period, reflecting a decline of approximately 45%[200]. - Net profit for the period was ¥16,634,499.20, down from ¥30,436,611.82, indicating a decrease of about 45%[200]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,581,889,894.83, a decrease of 5.71% from ¥2,738,311,114.00 at the end of the previous year[22]. - Cash and cash equivalents at the end of the reporting period were CNY 656,224,230.13, accounting for 25.42% of total assets, a decrease of 3.15% from the previous year[90]. - Accounts receivable increased to CNY 1,145,226,707, representing 44.36% of total assets, an increase of 3.45% year-on-year[90]. - Total liabilities decreased to CNY 1,459,178,723.00 from CNY 1,632,999,307.90, a reduction of approximately 10.6%[190]. - Current liabilities totaled CNY 1,284,426,978.90, down from CNY 1,438,333,738.20, indicating a decrease of about 10.7%[190]. - The total equity attributable to shareholders rose to CNY 1,099,188,409.11 from CNY 1,081,196,468.47, marking an increase of approximately 1.7%[190]. Business Segments and Strategy - The company's main business segments include communication services, information software services, digital marketing, and channel sales, guided by a dual development strategy[45]. - The digital marketing business was newly added in 2022, leveraging platforms like Juyuan Engine and Magnetic Bull to provide precise marketing strategies and performance evaluations[43]. - The company has expanded its business into digital marketing to capitalize on the growth opportunities in the digital economy[43]. - The company aims to build a comprehensive service solution combining software, hardware, and services to enhance competitiveness[45]. - The company is focusing on public safety information technology, with significant developments in police, judicial, and community management systems[54]. Research and Development - Research and development expenses rose significantly by 108.50% to ¥31,789,758.92, reflecting the company's commitment to maintaining technological leadership[84]. - The company obtained 12 new patents during the reporting period, including 7 invention patents, which focus on edge computing and IoT technologies[87]. - The company emphasizes the need for increased R&D investment to maintain a competitive edge in the rapidly evolving telecommunications industry[112]. Market Opportunities and Risks - The company is positioned in the communication services industry, benefiting from the national strategy of "Digital Economy" and "East Data West Computing," which is expected to provide growth opportunities[30]. - The company anticipates increased demand for communication technology services due to the large-scale investment in 5G networks by operators, creating new market opportunities[36]. - The company faces risks related to the COVID-19 pandemic, which could impact capital expenditures by telecom operators and reduce service procurement[104]. - The company is exposed to foreign exchange risks due to its overseas projects and dollar-denominated loans[106]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company has established an investor relations management system to enhance communication with investors[130]. - The company held 4 shareholder meetings, 26 board meetings, and 9 supervisory meetings during the reporting period[129]. - The company has not yet implemented the stock incentive plan during the reporting period[123]. Social Responsibility and Compliance - The company actively undertakes social responsibilities, focusing on legal operations, tax compliance, and environmental protection[128]. - The company promotes energy conservation and environmental protection, implementing a paperless office model to reduce costs and resource consumption[136]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[127].

Financial Performance - The company's operating revenue for 2021 was ¥976,926,685.73, representing a 23.05% increase compared to ¥793,944,032.08 in 2020[22]. - The net profit attributable to shareholders decreased by 11.88% to ¥72,937,665.60 in 2021 from ¥82,769,114.01 in 2020[22]. - The net profit after deducting non-recurring gains and losses was ¥67,556,233.21, down 10.00% from ¥75,066,524.64 in the previous year[22]. - The net cash flow from operating activities increased by 17.20% to ¥53,007,372.37 in 2021, compared to ¥45,227,904.45 in 2020[22]. - The total assets at the end of 2021 reached ¥2,738,311,114.00, a 38.51% increase from ¥1,976,934,548.76 at the end of 2020[22]. - The basic earnings per share decreased by 21.39% to ¥0.3223 in 2021 from ¥0.41 in 2020[22]. - The weighted average return on equity was 6.86%, down from 10.95% in 2020, indicating a decline of 4.09%[22]. - The company reported a total of 996,000 mobile communication base stations by the end of 2021, with a net increase of 650,000 during the year[32]. - The company achieved a total operating revenue of ¥976.93 million in 2021, representing a year-on-year growth of 23.05%[72]. - The information software service sector contributed ¥465.85 million, with a significant increase of 31.50% compared to the previous year[72]. - The system integration business generated revenue of ¥319.99 million, reflecting a growth of 36.03% year-on-year[72]. - Domestic revenue accounted for 98.49% of total revenue, with a year-on-year growth of 23.38%[72]. - The total revenue for 2021 was 5,507.01 million, an increase from 5,278.01 million in 2020, representing a growth of approximately 4.34%[78]. Dividend Distribution - The company reported a cash dividend of RMB 0.88 per 10 shares, totaling RMB 19,911,743.46 distributed to shareholders[6]. - The total number of shares for the dividend distribution is 226,269,812 shares[6]. - The company did not issue any bonus shares or convert capital reserves into share capital for the year 2021[6]. - The total distributable profit for the year was 315,096,321.50 RMB, with the cash dividend accounting for 100% of the profit distribution[186]. - The cash dividend distribution plan requires approval from the shareholders' meeting before implementation[186]. - The company announced a cash dividend of RMB 1.77 per 10 shares based on a total share capital of 226,269,812 shares, implemented on August 27, 2021[193]. Strategic Development and Market Position - The company aims to leverage 5G technology to provide customized communication technology products, creating new business growth points[40]. - The company is focusing on communication service business, information software service business, and channel sales business, targeting sectors like public security and judicial information[42]. - The company has expanded its communication service business across multiple provinces in China and overseas countries, including Malaysia, the Philippines, and Sri Lanka, under its strategic development plan[44]. - The company is implementing a dual development strategy of "service flywheel + digital ecosystem flywheel" to enhance resource utilization and drive growth[124]. - The company is focused on capital operations, including mergers and acquisitions, to strengthen its core business and improve operational efficiency[130]. - The company is aware of potential liquidity risks due to new channel sales that may affect cash flow if clients delay payments[131]. - The company aims to enhance its communication network service capabilities and expand its market share in 5G construction, focusing on major telecom operators like China Mobile, China Telecom, and China Unicom[125]. Research and Development - The company invested ¥48.87 million in R&D during the reporting period, focusing on emerging technologies such as 5G and artificial intelligence[68]. - Research and development expenses increased by 47.18% to ¥39,874,273.31, primarily due to the capitalization of intangible assets into R&D expenses[90]. - The company reported a research and development (R&D) expenditure of ¥48,872,490.37 in 2021, representing 5.00% of its operating revenue[99]. - The number of R&D personnel decreased slightly to 218 in 2021, with a proportion of 16.68% of total employees, up from 15.16% in 2020[99]. - A total of 23 new patents were obtained during the reporting period, indicating ongoing innovation efforts[99]. - The company is focused on integrating smart city construction with information resource sharing to enhance social governance capabilities[98]. Governance and Management - The company maintained independence in assets, personnel, finance, organization, and business from its controlling shareholder, ensuring no violations occurred[144]. - The company has established a complete and independent financial accounting system, adhering to accounting standards without interference from the controlling shareholder[147]. - The company has a governance structure that does not include any differential voting rights arrangements[152]. - The company has a total of 4 independent directors currently serving on the board[153]. - The company’s management team includes a mix of experienced professionals with varying tenures, ensuring continuity and expertise[153]. - The company has not reported any significant changes in its business strategy or market expansion plans during the reporting period[154]. - The company is focused on maintaining its current governance structure and management stability as it moves forward[152]. Operational Efficiency - The company has established a comprehensive training program to support employee development across all levels[180]. - The company has implemented employee incentive measures, including stock options and employee stock ownership plans[187]. - The company has strengthened its internal audit supervision to enhance governance and risk management[195]. - The company completed a special self-inspection of corporate governance by March 25, 2021, confirming compliance with relevant laws and regulations[199]. - The company has established a comprehensive performance evaluation system for senior management, linking their compensation to performance outcomes[194]. Risks and Challenges - The management discussed potential risks in the company's future development outlook, emphasizing the importance of investor awareness regarding investment risks[7]. - The company's future plans and strategic developments are subject to market risks and uncertainties[7]. - The company faces risks from intensified industry competition, particularly in the 5G era, which may impact its market position if it fails to innovate[135]. - The company reported accounts receivable balances of 112,019.34 million yuan at the end of 2021, representing 40.91% of total assets, highlighting potential risks related to bad debts[132].

Financial Performance - The company's revenue for Q1 2022 was CNY 243,188,563.90, representing a 34.94% increase compared to CNY 180,219,530.93 in the same period last year[6] - Net profit attributable to shareholders was CNY 14,727,225.04, up 28.54% from CNY 11,457,261.02 year-over-year[6] - Basic earnings per share rose to CNY 0.0651, reflecting a 30.20% increase from CNY 0.05 in the same quarter last year[6] - Total operating revenue for Q1 2022 was CNY 243,188,563.90, an increase of 35% compared to CNY 180,219,530.93 in Q1 2021[27] - Net profit for Q1 2022 reached CNY 13,964,501.85, representing a 25% increase from CNY 11,158,912.78 in Q1 2021[28] Cash Flow - The net cash flow from operating activities improved to CNY -71,278,701.74, a significant increase of 83.09% compared to CNY -421,634,844.75 in the previous year[6] - The company's cash flow from operating activities for Q1 2022 was CNY 221,938,205.45, compared to CNY 195,220,089.68 in Q1 2021[31] - Total cash inflow from operating activities amounted to 238,206,269.49, compared to 205,392,355.85 in the same period last year[32] - Cash outflow from operating activities was 309,484,971.23, down from 627,027,200.60 year-over-year[32] - Cash flow from investing activities resulted in a net outflow of -20,486,453.09, compared to -34,683,026.49 in the previous year[32] - Cash inflow from financing activities totaled 194,894,570.00, an increase from 159,416,380.00 year-over-year[33] - The net cash flow from financing activities was 25,577,327.37, down from 60,394,712.52 in the previous year[33] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,579,896,371.84, down 5.79% from CNY 2,738,311,114.00 at the end of the previous year[6] - Total liabilities decreased to CNY 1,460,825,367.02 from CNY 1,632,999,307.90 in the previous period[25] - The total current assets at the end of the period amount to 1,968,303,546.89 yuan, down from 2,127,082,275.11 yuan at the beginning of the year[23] - The cash and cash equivalents at the end of the period are 704,623,184.25 yuan, compared to 782,269,940.55 yuan at the beginning of the year[23] - Accounts receivable at the end of the period are 1,123,215,646.75 yuan, slightly up from 1,120,193,439.19 yuan at the beginning of the year[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,289[16] - Chen Rongjie holds 25.20% of the shares, amounting to 57,020,549 shares, with 57,014,103 shares pledged[16] - Fujian Rongjia Technology Co., Ltd. holds 16.33% of the shares, totaling 36,945,812 shares, with no shares pledged[16] - The total number of restricted shares at the beginning of the period was 93,959,915, with 36,945,812 shares released during the period[19] Research and Development - Research and development expenses surged to CNY 1,137,810.00, marking a 175.08% increase year-over-year, indicating a strong focus on innovation[12] - R&D expenses in Q1 2022 amounted to CNY 11,378,105.61, significantly higher than CNY 4,136,352.89 in Q1 2021, indicating a focus on innovation[28] Other Financial Metrics - The company reported a significant increase in interest income to CNY 287,940.00, up 875.64% compared to the previous year, driven by higher interest from matured time deposits[12] - The company experienced a 33.84% decrease in financial expenses, amounting to CNY 408,040.00, due to increased interest income from time deposits[12] - The company’s investment income increased to CNY 56,270.00, reflecting a positive contribution from associated companies[12] - The company reported a decrease in accounts payable to CNY 202,518,264.12 from CNY 288,248,367.92 in the previous period, indicating improved cash management[25] Strategic Initiatives - The company has signed a strategic cooperation agreement with Fujian Supply and Marketing Cooperative Group[20] - The company plans to issue convertible bonds to unspecified objects, which has been accepted by the Shenzhen Stock Exchange[20] Audit Information - The company did not conduct an audit for the first quarter report[34]