Group 1: Company Performance and Investor Concerns - The company's stock price fluctuations are influenced by multiple factors, and some shareholders have reduced their holdings for personal reasons [3] - The company experienced a transition from profit to loss, with specific reasons detailed in the 2017 annual report [3] - The impact of the US-China trade war on the company is currently negligible [3] Group 2: Future Development and Market Opportunities - The mobile smart terminal sector has significant growth potential, especially with the upcoming 5G era in 2020, which will drive new investments [3] - The automotive industry is rapidly evolving towards intelligence and connectivity, increasing demand for related electronic systems [4] - The company is accumulating technology and clients in various sectors, including smart homes and smart cities, to expand its market presence [3][4] Group 3: Strategic Plans and Collaborations - The establishment of artificial intelligence open platforms by competitors is a direction worth learning from [4] - The company is actively investing in smart cockpit solutions and has formed partnerships with various automotive clients [4] - There are currently no plans for acquisitions in the artificial intelligence sector [4] Group 4: Financial and Operational Queries - The company has not made provisions for bad debts related to LeEco's overdue payments, and details can be found in the 2017 annual report [4] - The major shareholders' reduction of holdings is in accordance with regulatory requirements and personal needs [5] - The company is focused on research and development in artificial intelligence to better serve its clients [5]

Group 1: Company Overview and Business Development - Chengmai Technology (Nanjing) Co., Ltd. was established in September 2006, focusing on mobile smart terminals, intelligent connected vehicles, IoT, and mobile internet [1][2] - The company has a long-term accumulation in operating systems, providing R&D and technical services to clients, primarily in the mobile phone and automotive operating system sectors [2][3] - Despite a decline in overall mobile industry sales, revenue from mobile smart terminal manufacturers has maintained good growth [3] Group 2: Automotive Sector Insights - Chengmai Technology has collaborated with SAIC since around 2010, applying Android entertainment systems in the Roewe 350 model, with approximately 60 automotive clients [3] - The automotive sector is transitioning towards digitalization and intelligence, with the company developing cross-domain integrated vehicle software platforms like FusionOS [3] - The company has reported good growth in the automotive sector, with regular disclosures in financial reports [3] Group 3: Operating System Market and Competitive Landscape - In the past two years, the domestic operating system sector has replaced around 7 million sets, with significant market potential expected [3][4] - The competition landscape is becoming clearer, with Tongxin Software anticipated to gain market share [3] - The price of operating systems is stable, accounting for about 5% of the overall computer system procurement cost, with clients prioritizing product safety and functionality over price [4] Group 4: Future Prospects and Strategic Goals - Chengmai Technology is the largest shareholder of Tongxin Software, which aims for independent listing when conditions are favorable [4] - The company has over 1,000 R&D personnel contributing significantly to product development, enhancing its competitive edge in various sectors including finance, electricity, and education [4]

1 证券代码：300598 证券简称：诚迈科技 诚迈科技（南京）股份有限公司 投资者关系活动记录表 公告编号：2022-002 | --- | --- | --- | |--------------------------|-------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------| | | | | | | 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 □新闻发布会 | 路演活动 | | 活动类别 | □现场参观 | | | | | | | | □其他 | | | 参与单位名称 及人员姓名 | 和谐汇一资管 凌晨 博道基金 高笑潇 长安基金 崔甲子 生命保险 黄进 兴业证券 吴鸣远 华安证券 王奇珏 华创证券 王文龙、戴晨 | | | | | | ...

Financial Performance - The company's revenue for Q3 2022 was ¥489,943,735.46, representing a 39.01% increase year-over-year, while the year-to-date revenue reached ¥1,409,650,595.56, up 47.57% compared to the same period last year[7] - The net profit attributable to shareholders for Q3 2022 was -¥30,947,640.04, a decrease of 353.41% year-over-year, with a year-to-date net profit of -¥114,592,380.22, down 572.23% compared to the previous year[7] - The basic earnings per share for Q3 2022 was -¥0.1933, reflecting a decline of 351.64% year-over-year, while the diluted earnings per share also stood at -¥0.1933[7] - Total operating revenue for the current period reached ¥1,409,650,595.56, a significant increase from ¥955,247,826.60 in the previous period, representing a growth of approximately 47.5%[26] - Total operating costs amounted to ¥1,336,555,146.23, compared to ¥900,749,976.02 in the prior period, indicating an increase of about 48.5%[26] - Net profit for the current period was a loss of ¥114,391,755.25, worsening from a loss of ¥17,283,648.75 in the previous period[28] - Basic earnings per share for the current period were reported at -0.7160, compared to -0.1074 in the previous period[30] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥1,779,095,213.41, a 2.00% increase from the end of the previous year[7] - The total liabilities increased to ¥691,177,806.96 from ¥544,443,626.54, reflecting a rise of approximately 27%[26] - The company’s total liabilities increased, with short-term borrowings rising to ¥352,283,916.67, a 33.81% increase from the previous year[12] - The total non-current assets decreased to ¥634,767,310.53 from ¥795,934,213.56 year-to-date[23] Cash Flow - The company's cash flow from operating activities for the year-to-date was -¥119,722,944.27, representing a 268.86% decrease compared to the same period last year[12] - The company reported a net cash inflow from operating activities of ¥1,348,363,979.25, up from ¥877,838,717.40 in the prior period[32] - Operating cash inflow totaled $1,443,261,231.38, an increase from $995,791,489.31 in the previous period[35] - Operating cash outflow amounted to $1,562,984,175.65, compared to $1,028,248,816.19 last year[35] - Net cash flow from operating activities was -$119,722,944.27, worsening from -$32,457,326.88[35] - Cash flow from investing activities showed a net outflow of -$25,092,910.52, compared to -$54,905,172.10 previously[35] - Cash flow from financing activities generated a net inflow of $115,145,396.55, down from $154,376,409.03[35] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,319[16] - The largest shareholder, Nanjing Debo Investment Management Co., Ltd., holds 29.58% of shares, totaling 47,358,445 shares[16] Research and Development - Research and development expenses for the year-to-date reached ¥98,316,923.40, an increase of 33.17% year-over-year, indicating a growth in R&D investment[12] Inventory and Receivables - The company reported a significant increase in inventory, which rose to ¥88,714,361.87, a 33.33% increase compared to the previous year[12] - The company experienced a 240.94% increase in receivables financing, totaling ¥59,760,708.08, due to an increase in bank acceptance bill settlements[12] - Accounts receivable increased to ¥674,872,058.76 from ¥527,447,268.13 year-to-date[20] Government Support - The company received government subsidies amounting to ¥12,581,948.60, which is a 151.26% increase compared to the previous year, reflecting enhanced support from government initiatives[12] Cash and Equivalents - The company's cash and cash equivalents as of September 30, 2022, amount to ¥273,581,827.18, a decrease from ¥295,855,764.06 at the beginning of the year[20] - The total cash and cash equivalents at the end of the period were $268,575,850.36, a decrease from $294,065,814.06 at the beginning[35] Other Information - The company has not reported any new product developments or market expansion strategies in the current quarter[22] - The company has a total of 26,324 restricted shares held by executive Wang Kun, which will be unlocked at a rate of 25% on the first trading day of each year[19] - The deferred income decreased to ¥83,400.00 from ¥333,600.00, a reduction of approximately 75%[26] - The impact of exchange rate changes on cash and cash equivalents was $4,180,494.54, contrasting with -$255,814.00 last year[35]

Financial Performance - The company reported a revenue of RMB 300 million for the first half of 2022, representing a year-on-year increase of 25%[21] - The net profit attributable to shareholders for the same period was RMB 50 million, up 15% compared to the previous year[21] - The company's operating revenue for the current period is ¥919,706,860.10, representing a 52.57% increase compared to ¥602,801,152.75 in the same period last year[29] - The company reported a net cash flow from operating activities of -¥89,905,055.23, which is a decline of 550.91% compared to -¥13,812,129.19 in the previous year[29] - The company reported a significant drop in investment income, with a loss of -¥127,170,407.09, a decrease of 245.77% from -¥36,779,356.08[55] - The company reported a total comprehensive loss of ¥83,837,640.77 for the first half of 2022, compared to a loss of ¥10,909,324.06 in the same period of 2021[187] User Growth and Market Expansion - User data showed an increase in active users by 30%, reaching a total of 1.5 million users[21] - The company aims to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2023[21] - Future outlook indicates a projected revenue growth of 20% for the second half of 2022, driven by market expansion strategies[21] Research and Development - The company plans to invest RMB 100 million in R&D for new product development in the next fiscal year[21] - Research and development investment rose by 32.12% to ¥66,836,974.35 from ¥50,589,944.93, indicating a focus on innovation[55] - The company focuses on emerging fields such as intelligent connected vehicles, 5G, and artificial intelligence, enhancing its investment in core technologies like intelligent cockpit systems and SOA software[47] Strategic Partnerships and Acquisitions - The company has entered into a strategic partnership with a leading tech firm to enhance its product offerings and market reach[21] - The company has established a joint venture with BMW Group, enhancing its capabilities in providing seamless in-car digital experiences[40] - The company maintains strategic partnerships with leading chip manufacturers like Qualcomm and NVIDIA to enhance its competitive edge[40] - The company is exploring potential acquisitions to bolster its technology portfolio and accelerate growth[21] Financial Position and Assets - The total assets at the end of the reporting period amount to ¥1,748,858,412.33, reflecting a slight increase of 0.26% from ¥1,744,253,625.60 at the end of the previous year[29] - The net assets attributable to shareholders decreased by 7.15%, from ¥1,197,758,949.04 to ¥1,112,165,151.07[29] - Cash and cash equivalents at the end of the reporting period amounted to ¥286,798,783, representing 16.40% of total assets, a decrease of 0.56% from the previous year[63] Operational Challenges - The net profit attributable to ordinary shareholders of the parent company was -83.64 million yuan, primarily due to investment losses[40] - The company's total liabilities increased to ¥649,905,634.98 in the first half of 2022, up from ¥495,643,888.92 in the same period of 2021, reflecting a growth of 31.1%[184] - The company reported a net cash flow from operating activities of -¥55,125,049.79, a decline of 38.25% compared to -¥39,873,291.51 in the previous year[55] Corporate Governance and Compliance - The company has not faced any administrative penalties related to environmental issues during the reporting period[103] - There are no overdue commitments from actual controllers, shareholders, or related parties as of the reporting period[107] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[108] Employee and Talent Management - The company employs approximately 8,210 staff, with over 90% being technical personnel, ensuring a strong talent pool for its operations[52] - The company has implemented a stock incentive plan to attract and retain core technical personnel amid high turnover rates in the software industry[90]

Revenue and Profitability - The company's revenue for Q1 2022 was ¥423,766,498.46, representing a 48.81% increase compared to ¥284,766,844.73 in the same period last year[2] - The net profit attributable to shareholders was -¥45,994,130.79, a decrease of 341.36% from -¥10,420,909.69 year-on-year[2] - The company’s diluted earnings per share were -¥0.2846, a decline of 341.24% compared to -¥0.0645 in the same period last year[2] - Total operating revenue for Q1 2022 was CNY 423,766,498.46, an increase of 48.8% compared to CNY 284,766,844.73 in Q1 2021[23] - Net loss for Q1 2022 was CNY 45,927,549.53, compared to a net loss of CNY 10,386,438.74 in Q1 2021[25] - The company reported a comprehensive loss of CNY 46,026,215.55 for Q1 2022, compared to a comprehensive loss of CNY 10,478,673.72 in Q1 2021[27] - Basic earnings per share for Q1 2022 were -CNY 0.2875, compared to -CNY 0.0658 in the same quarter last year[27] Cash Flow and Financial Position - The net cash flow from operating activities improved by 47.17%, reaching -¥37,554,902.94 compared to -¥71,082,455.98 in the previous year[2] - Operating cash inflow for the current period was CNY 461,030,763.40, compared to CNY 257,786,540.51 in the previous period, representing an increase of approximately 78.5%[28] - Cash outflow from operating activities totaled CNY 498,585,666.34, up from CNY 328,868,996.49 in the previous period, indicating a rise of about 51.6%[30] - Net cash flow from operating activities was negative CNY 37,554,902.94, an improvement from negative CNY 71,082,455.98 in the previous period[30] - Cash inflow from investment activities was CNY 30,061,972.23, compared to CNY 12,980.00 in the previous period, showing a significant increase[30] - Net cash flow from investment activities was negative CNY 4,235,286.66, improving from negative CNY 10,957,188.37 in the previous period[30] - Cash inflow from financing activities was CNY 158,516,765.66, up from CNY 130,583,121.94 in the previous period, reflecting an increase of approximately 21.4%[30] - Net cash flow from financing activities was CNY 70,022,617.02, compared to CNY 43,252,153.04 in the previous period, indicating an increase of about 61.9%[30] - The ending balance of cash and cash equivalents was CNY 322,147,528.35, up from CNY 138,391,367.24 in the previous period, representing a growth of approximately 132.7%[32] - The impact of exchange rate changes on cash and cash equivalents was negative CNY 150,713.13, compared to a positive impact of CNY 315,744.03 in the previous period[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,762,253,631.96, a slight increase of 1.03% from ¥1,744,253,625.60 at the end of the previous year[2] - The total liabilities increased to CNY 602,867,440.15 from CNY 544,443,626.54 year-over-year[25] - The total liabilities increased to CNY 1,029,597,761.10 in current liabilities, compared to CNY 948,319,412.04 at the beginning of the year[19] - The company’s total equity attributable to shareholders decreased by 3.79% to ¥1,152,335,412.33 from ¥1,197,758,949.04 at the end of the previous year[2] - Total equity attributable to shareholders of the parent company decreased to CNY 1,152,335,412.33 from CNY 1,197,758,949.04 in the previous year[25] Research and Development - Research and development expenses increased by 54.55% to ¥33,105,847.85, reflecting a rise in investment in R&D activities[5] - Research and development expenses increased to CNY 33,105,847.85, a rise of 54.8% from CNY 21,421,099.71 in the previous year[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,411, with the top ten shareholders holding a combined 38.90% of shares[8] - The company executed 55,675 stock options in the first quarter of 2022, increasing its share capital to 160,035,932 shares[16] - The company has a stock option incentive plan with a total of 1,741,246 options available for exercise, priced at CNY 16.27 per share[16] Other Financial Metrics - The company experienced a 125.50% increase in financial expenses, amounting to ¥2,233,548.35, mainly due to interest expenses and exchange losses[5] - The company reported a significant increase in other income, which rose by 141.07% to ¥6,038,561.07, primarily due to increased government subsidies[7] - The company reported a decrease in long-term equity investments to CNY 455,244,509.80 from CNY 516,905,409.67[19] - The company’s total non-current assets decreased to CNY 732,655,870.86 from CNY 795,934,213.56[19] Audit and Future Outlook - The company did not undergo an audit for the first quarter report[33] - Future outlook and strategic initiatives were not explicitly mentioned in the provided documents, suggesting a focus on operational recovery and cost management[23]

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 25% in 2021[18]. - The company's operating revenue for 2021 was ¥1,424,435,479.26, representing a 51.88% increase compared to ¥937,897,823.10 in 2020[24]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 20%[192]. - The net profit attributable to shareholders for 2021 was ¥58,858,406.51, which is a decrease of 49.14% from ¥169,412,390.75 in 2020[24]. - The net profit for the year was 300 million RMB, which is an increase of 15% compared to the previous year[192]. - The company achieved a net profit margin of 15% for the fiscal year 2021, reflecting strong operational efficiency[18]. - The company reported a diluted earnings per share of ¥0.3642 for 2021, a decrease of 49.15% from ¥1.0483 in 2020[24]. - The net profit attributable to ordinary shareholders of the parent company was approximately 29.93 million yuan, a decrease of 49.14% year-on-year[38]. Market Expansion and Strategy - The company is focusing on expanding its market presence in Southeast Asia, targeting a 20% market share by 2025[18]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[192]. - Future guidance includes an expected revenue growth of 15-20% for 2022, driven by new product launches and market expansion[18]. - The company is considering potential mergers and acquisitions to enhance its technological capabilities and market reach[18]. - The company is considering strategic acquisitions to bolster its market position, with a budget of 500 million RMB earmarked for potential targets[129]. Research and Development - Investment in R&D increased by 40% in 2021, underscoring the company's commitment to innovation and technology advancement[18]. - The company is actively investing in emerging technology applications in line with national new infrastructure initiatives[40]. - The company has allocated 100 million RMB for research and development of new technologies in the upcoming fiscal year[192]. - The number of R&D personnel increased by 68.66% to 6,927 in 2021, representing 93.04% of the total workforce[74]. - The company’s R&D investment amounted to CNY 116,116,710.25, which is 8.15% of operating revenue, up from 6.99% the previous year[74]. Product Development - New product development includes the launch of a next-generation IoT platform, expected to generate an additional 50 million RMB in revenue in 2022[18]. - New product launches are expected to contribute an additional 300 million RMB in revenue, with a focus on expanding the product line in the next quarter[129]. - The company is actively expanding its intelligent connected vehicle software business, focusing on areas such as intelligent cockpit systems and domain controllers[49]. Employee and Governance - Employee count stands at approximately 7,445, with over 90% being technical personnel, highlighting the company's talent advantage[52]. - The company emphasizes employee career development and offers competitive salary and benefits to reduce the turnover rate of core technical personnel[105]. - The board of directors consists of 9 members, including 3 independent directors, meeting legal and regulatory requirements[110]. - The company has established various committees, including an audit committee and a strategic committee, to oversee financial reporting and major investment decisions[110]. Cash Management and Dividends - The company plans to distribute a cash dividend of 0.20 RMB per 10 shares to all shareholders, based on a total of 160,035,932 shares[5]. - The total distributable profit for the reporting period is RMB 378,603,107.88[159]. - The cash dividend policy complies with the company's articles of association and shareholder resolutions[156]. - The total cash dividend amount is fully supported by the company's current profit status, which is considered good[159]. Compliance and Risk Management - The company emphasizes compliance with laws and regulations, actively pays taxes, and supports local economic development[180]. - The company has established a comprehensive internal control system to effectively prevent operational risks and achieve internal control objectives[168]. - There were no significant deficiencies identified in the internal control system during the reporting period[174]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[179].

Financial Performance - The company's revenue for Q3 2021 was ¥352,446,673.85, representing a 56.85% increase year-over-year[2] - Operating revenue for the third quarter reached ¥955,247,826.60, an increase of 59.61% compared to ¥598,505,500.97 in the same period last year[7] - Total operating revenue for Q3 2021 reached CNY 955.25 million, a 59.83% increase from CNY 598.51 million in the same period last year[20] - The net profit attributable to shareholders was a loss of ¥6,825,483.69, a decline of 141.32% compared to the same period last year[2] - Net profit for Q3 2021 was a loss of CNY 17.28 million, compared to a loss of CNY 13.42 million in the previous year, reflecting a deterioration in profitability[22] - The loss attributable to the parent company was CNY 17.05 million, compared to a loss of CNY 12.70 million in the same period last year[22] - The company reported a net loss from investment activities of -¥63,302,794.37, which is a 44.16% increase in losses compared to -¥43,910,200.06 last year[7] - The company reported a gross profit margin of approximately 6.00%, down from the previous year's margin, indicating pressure on profitability[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥32,457,326.88, reflecting a significant decrease of 3,652.73% year-to-date[2] - The net cash flow from operating activities was -¥32,457,326.88, a significant decline of 3652.73% compared to ¥913,587.64 in the previous year[7] - Cash inflow from operating activities totaled CNY 995.79 million, compared to CNY 753.73 million in the same period last year, showing improved cash generation[25] - Total cash and cash equivalents at the end of the period reached 243,621,210.57 CNY, up from 162,305,493.83 CNY year-over-year, reflecting a net increase of 66,758,096.05 CNY[29] - The company reported a total cash outflow from investing activities of 54,918,152.10 CNY, compared to 58,377,207.84 CNY in the previous year, indicating a slight reduction in investment expenditures[27] - Cash inflow from financing activities amounted to 300,014,454.17 CNY, significantly higher than 169,681,528.78 CNY in the same quarter last year, showing increased financing efforts[27] - The company incurred a total cash outflow of 145,638,045.14 CNY in financing activities, compared to 77,843,345.47 CNY in the previous year, indicating higher debt repayments and dividend distributions[27] Assets and Liabilities - Total assets increased to ¥1,663,201,709.64, marking a 50.47% rise from the end of the previous year[2] - As of September 30, 2021, total assets reached CNY 1,663,201,709.64, an increase from CNY 1,105,318,588.02 at the end of 2020, representing a growth of approximately 50.4%[14] - Current assets totaled CNY 863,574,467.48, up from CNY 655,504,290.75, indicating a growth of about 31.7% year-over-year[16] - Total liabilities increased significantly, with accounts payable rising by 160.76% to ¥20,000,000.00 from ¥7,670,000.00[7] - Total liabilities amounted to CNY 512,821,149.36, compared to CNY 302,729,857.54, showing an increase of around 69.5%[18] - The company's equity attributable to shareholders rose to ¥1,148,807,044.85, up 43.32% from the previous year-end[2] - The company's equity attributable to shareholders reached CNY 1,148,807,044.85, up from CNY 801,578,178.42, representing a growth of approximately 43.3%[18] Investments and Expenditures - Long-term equity investments grew to ¥495,005,094.88, reflecting a 132.54% increase due to premium from financing[5] - Development expenditures increased by 106.08% to ¥24,002,135.38, indicating a rise in R&D spending[5] - Research and development expenses rose to ¥73,828,574.69, marking an 86.13% increase from ¥39,665,041.61 year-over-year[7] - Research and development expenses increased to CNY 73.83 million, a 86.14% rise from CNY 39.67 million in the same period last year, indicating a focus on innovation[20] - The company reported a significant increase in employee compensation liabilities, which rose to CNY 75,655,006.67 from CNY 51,842,094.74, reflecting a growth of approximately 45.9%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 49,486, with the top ten shareholders holding a combined 55.26% of shares[8] - The largest shareholder, Nanjing Debo Investment Management Co., Ltd., held 29.66% of shares, totaling 47,418,445[8] Other Financial Metrics - The weighted average return on equity was -0.61%, a decrease of 3.30% compared to the previous year[2] - The basic earnings per share for Q3 2021 was -0.1074, compared to -0.0802 in the same period last year, reflecting a decline in shareholder value[24] - Other comprehensive income after tax was a loss of CNY 118.38 million, contrasting with a gain of CNY 29.94 million in the same period last year[22] Audit and Compliance - The third quarter report was not audited, indicating preliminary financial data[36]

Financial Performance - The company reported a revenue of RMB 300 million for the first half of 2021, representing a year-on-year increase of 25%[19] - The net profit attributable to shareholders for the same period was RMB 50 million, up 15% compared to the previous year[19] - The company's operating revenue for the reporting period was ¥602,801,152.75, representing a year-on-year increase of 61.26% compared to ¥373,805,815.96 in the same period last year[26] - The net profit attributable to shareholders of the listed company was a loss of ¥10,221,128.43, which is an improvement of 65.02% from a loss of ¥29,218,034.49 in the previous year[26] - The net profit after deducting non-recurring gains and losses was a loss of ¥13,812,129.19, showing a 65.09% improvement from a loss of ¥39,570,227.02 in the same period last year[26] - The company's revenue for the reporting period reached ¥602,801,152.75, representing a year-on-year increase of 61.26%[52] - The net profit for the first half of 2021 was a loss of CNY 10,842,450.31, improving from a loss of CNY 29,965,892.15 in the first half of 2020[185] - The total profit for the first half of 2021 was a loss of CNY 11,398,483.56, compared to a loss of CNY 28,892,533.06 in the same period of the previous year[185] Research and Development - The company plans to invest RMB 100 million in R&D for new products and technologies in the next fiscal year[19] - Research and development expenses increased by 87.79% to ¥50,589,944.93, reflecting the company's commitment to innovation[56] - Research and development expenses increased to CNY 37,824,753.30, up from CNY 24,458,875.73 in the first half of 2020, reflecting a growth of 54.5%[185] Market Expansion and Strategy - Future guidance indicates a projected revenue growth of 20% for the second half of 2021, aiming for a total annual revenue of RMB 600 million[19] - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[19] - A strategic acquisition of a local tech firm is expected to enhance the company's capabilities in AI technology, with a deal value of approximately RMB 200 million[19] - The company is actively investing in emerging technologies and expanding its client base in the mobile internet and IoT sectors[37] - The company focuses on expanding its business in emerging fields such as intelligent connected vehicles, 5G, and artificial intelligence[41] - The company is actively expanding its business scale in the intelligent connected vehicle sector, focusing on software technology related to intelligent vehicle operating systems[44] - The company is actively expanding into new areas such as intelligent connected vehicles and 5G technology while maintaining its focus on existing software services[78] Financial Position and Assets - The total assets at the end of the reporting period were ¥1,677,542,441.94, an increase of 51.77% from ¥1,105,318,588.02 at the end of the previous year[26] - The net assets attributable to shareholders of the listed company were ¥1,117,467,259.43, reflecting a growth of 39.41% from ¥801,578,178.42 at the end of the previous year[26] - The company's cash flow from operating activities was a negative ¥39,873,291.51, which is a decline of 259.09% compared to a negative ¥11,103,888.99 in the previous year[26] - The total liabilities amounted to CNY 559,685,952.33, up from CNY 302,729,857.54, indicating a rise of approximately 84.5%[168] - The company's total assets at the beginning of the period were 801,578,178.42 yuan[197] Customer and Revenue Concentration - The revenue from the top five customers accounted for 51.83% of the total revenue during the reporting period, indicating a high customer concentration risk[79] - The company has established stable partnerships with multiple global leading enterprises in the mobile intelligent terminal and intelligent connected vehicle industry[40] Compliance and Governance - The company emphasizes compliance with national laws and regulations, ensuring economic and social benefits are achieved simultaneously[98] - There were no administrative penalties due to environmental issues during the reporting period, and the company is not classified as a key pollutant discharge unit[96] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[102] Human Resources and Workforce - The company has expanded its workforce to 2,600 employees, leading to increased labor costs and expenses[36] - The company emphasizes the importance of retaining core technical personnel and has implemented measures to reduce turnover rates[81] - The company has established a comprehensive human resources system to attract and retain high-quality technical talent[81] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,107[143] - The largest shareholder, Nanjing Debo Investment Management Co., Ltd., held 29.94% of shares, totaling 47,418,445 shares[145] - The company did not conduct any repurchase transactions among the top 10 ordinary shareholders during the reporting period[152] Legal Matters - The company is involved in a lawsuit with a claim amount of RMB 3,002,129.41, with a ruling in its favor, but the case is currently under appeal[107] - The company has no significant litigation that meets disclosure standards aside from the aforementioned case, with a total claim amount of RMB 675.59[107] Capital Structure - The company completed a capital increase by converting capital reserves into shares, resulting in a total share capital increase to 158,360,831 shares[134] - The total share capital increased from 105,540,928 shares to 158,360,831 shares due to a capital reserve conversion of 52,779,642 shares and issuance of 40,261 shares[136]

Financial Performance - The company's operating revenue for Q1 2021 was ¥284,766,844.73, representing a 112.50% increase compared to ¥134,007,588.90 in the same period last year[8] - The net profit attributable to shareholders was -¥10,420,909.69, an improvement of 55.93% from -¥23,648,769.82 year-on-year[8] - The basic earnings per share improved to -¥0.0987 from -¥0.2241, reflecting a 55.96% increase[8] - The diluted earnings per share also improved to -¥0.0965 from -¥0.2189, a 55.92% increase[8] - The weighted average return on equity was -1.31%, an improvement of 2.47% from -3.78% in the previous year[8] - The company's total comprehensive loss for Q1 2021 was ¥10,478,673.72, compared to a loss of ¥24,112,909.63 in the previous year[59] - Net profit for Q1 2021 was a loss of ¥10,386,438.74, an improvement from a loss of ¥24,187,530.00 in Q1 2020[57] - Operating profit for Q1 2021 was a loss of ¥7,104,824.98, an improvement from a loss of ¥27,473,156.79 in Q1 2020[57] Cash Flow - The net cash flow from operating activities was -¥71,082,455.98, a decline of 35.10% compared to -¥52,614,969.34 in the previous year[8] - The company reported a significant increase in cash received from operating activities, totaling ¥227,867,878.05, up 58.48% from ¥143,781,924.75[22] - The total cash outflow from operating activities was ¥328,868,996.49, compared to ¥202,649,888.45 in the previous period, indicating increased operational expenditures[67] - Cash and cash equivalents at the end of the period totaled ¥138,391,367.24, a decrease from ¥176,863,114.52 at the beginning of the period[69] - Investment activities generated a net cash flow of -¥10,957,188.37, compared to -¥17,184,656.18 in the previous period, showing an improvement in investment cash flow[68] - Financing activities produced a net cash flow of ¥43,252,153.04, an increase from ¥30,469,861.04 in the previous period, reflecting better financing conditions[68] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,408,529,924.64, an increase of 27.43% from ¥1,105,318,588.02 at the end of the previous year[8] - The total liabilities reached CNY 374,616,657.01, compared to CNY 302,729,857.54 in the previous year, indicating an increase of about 23.7%[48] - The company's total current liabilities amounted to CNY 362,599,678.25, compared to CNY 301,632,288.54, reflecting an increase of about 20.2%[48] - The company's current assets reached CNY 731.39 million, up from CNY 655.50 million at the end of 2020, indicating an increase of approximately 11.5%[42] - The company's total liabilities and equity reached CNY 1,408,529,924.64, up from CNY 1,105,318,588.02, reflecting a growth of about 27.5%[48] Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,928[12] - The equity attributable to shareholders of the parent company rose to CNY 1,032,868,244.62, up from CNY 801,578,178.42, representing a growth of approximately 28.8%[48] - The company has maintained a corporate income tax rate of 15% for high-tech enterprises, applicable for three years from the date of certification[32] Research and Development - Research and development expenses increased by 39.26% to ¥21,421,099.71, indicating a commitment to innovation[20] - The company has adjusted its R&D, sales, and marketing teams to better focus on emerging fields such as smart connected vehicles and AI[26] Customer Base - The proportion of revenue from the top five customers decreased to 53.68% from 56.69%, indicating a slight diversification in customer base[24] Other Financial Metrics - The company reported government subsidies of ¥2,504,868.71 during the period[9] - The company reported an investment loss of ¥29,425,727.24, compared to a loss of ¥10,390,461.07 in the same quarter last year[57] - The company's retained earnings decreased slightly to CNY 374,585,275.39 from CNY 385,006,185.08, a decline of approximately 2.1%[48]