Group 1: Company Overview - Xuan Ya International is a leading integrated marketing communication service provider in China, focusing on digital and global strategies [1][5] - The company has established a comprehensive marketing service model that integrates traditional and digital channels [8][10] Group 2: Financial Performance - In 2016, the total revenue reached CNY 46,744.20 million, with digital marketing revenue accounting for CNY 23,330.91 million, representing 49.91% of total revenue [4][6] - Digital marketing revenue grew by 97.96% compared to CNY 11,785.84 million in 2015 [4][6] Group 3: Strategic Initiatives - The company aims to achieve a "digitalization and globalization" strategy by integrating industry resources and enhancing service capabilities [5][11] - Plans to establish branches and business networks in Asia-Pacific (excluding mainland China), Europe, and North America over the next three years [5][11] Group 4: Client Base and Industry Position - Xuan Ya International serves a diverse range of clients, including Fortune 500 companies across various sectors such as automotive, internet, fast-moving consumer goods, and finance [4][6] - The company emphasizes its competitive advantage through strong marketing strategies and creative content planning [10][11] Group 5: Future Outlook - The company is focused on developing digital marketing tools and enhancing its service efficiency through digitalization [8][10] - Xuan Ya International is committed to maintaining a leading position in the industry by continuously improving its marketing strategies and creative capabilities [10][11]

Group 1: Company Overview and Strategy - Shunya International was established in 2007 and is one of China's leading integrated communication agencies, focusing on digital marketing, brand communication, public relations, and advertising [9] - The company aims to become a globally influential integrated marketing communication service provider through resource integration, technology optimization, and service enhancement [2] - Shunya International has established a strategic partnership with Omnicom Group, enhancing its international communication resources [12] Group 2: Financial Performance - In 2016, the company's operating income was ¥467,441,970.49, representing a 19.67% increase from ¥390,596,170.95 in 2015 [28] - The net profit attributable to shareholders was ¥58,710,099.47, a 9.64% increase from ¥53,550,102.41 in 2015 [28] - The net cash flow from operating activities surged to ¥50,977,709.70, a significant increase of 3,958.67% compared to ¥1,256,019.10 in 2015 [28] Group 3: Marketing and Business Model - The company emphasizes a customer-oriented approach, providing integrated marketing services tailored to client needs [3] - Shunya International's digital marketing gross margin is at a normal industry level, focusing on maximizing client satisfaction [3] - The company plans to enhance its business model post-IPO, aligning it more closely with the requirements of a publicly listed company [3] Group 4: Revenue Breakdown by Marketing Channel - Traditional marketing generated ¥234,132,820.54 in revenue, with a gross margin of 41.93%, showing a 14.15% decrease compared to the previous year [29] - Digital marketing revenue reached ¥233,309,149.95, with a gross margin of 48.99%, reflecting a substantial 97.96% increase from the previous year [29]

Group 1: Company Overview and Strategic Transformation - XuanYa International is undergoing a strategic transformation to become a marketing technology solution provider, focusing on digital transformation and enhancing core competitiveness [3][4]. - The marketing environment has shifted towards decentralization and fragmentation, with live streaming and e-commerce leading to a new norm of integrated marketing and sales [3][4]. - The company aims to leverage technology to address unprecedented challenges in traditional marketing, enhancing communication efficiency and effectiveness through digital transformation [3][4]. Group 2: Core Product - Giant Wave Engine - The Giant Wave Engine is a comprehensive intelligent application technology platform with a four-layer architecture, including basic service, engine, business, and application layers [4][5]. - The platform supports various complex business needs through five core technological capabilities, enhancing the reuse rate of underlying business engines [5]. - The company has successfully implemented projects in digital governance and enterprise digital services, receiving positive feedback from clients [5][6]. Group 3: Product Demonstrations and Applications - In the digital governance scenario, the company has developed an integrated governance platform that addresses urgent needs in content management, emergency command, and cybersecurity [6]. - The "Fast Customer Acquisition" product, based on the Giant Wave Engine, includes modules for data management, content production, and marketing distribution, enabling one-click content distribution across multiple platforms [6][7]. - The platform has been integrated with major social media platforms, enhancing content production and distribution capabilities for users [6][7]. Group 4: Performance Metrics and Client Engagement - In the digital governance scenario, the Giant Wave Engine has registered 8,864 institutional users and 27,422 registered users, processing over 1 million data entries daily [47]. - In the enterprise service scenario, the platform has over 2,000 registered users, with 1,600 active users and an average daily content production of 7,000 items [49]. - The lead-to-store conversion rate in pilot areas has reached 100%, significantly improving customer engagement [49]. Group 5: Future Plans and Market Positioning - The company plans to strengthen its technical sales talent pool and enhance its marketing technology service capabilities to support its strategic transformation [8]. - XuanYa International aims to expand its client base across various industries, including energy and finance, leveraging its marketing technology solutions [8]. - The company is positioned as a leading integrated marketing communication service provider, with a strong brand reputation and a commitment to delivering competitive marketing technology solutions [8].

Group 1: Company Overview - XuanYa International was listed on February 15, 2017, and announced a suspension of restructuring on April 11, 2017, targeting the acquisition of Mi Lai Wu [2] - The company is a leading integrated marketing communication service provider in China, focusing on marketing strategies and creative content [6] Group 2: Impact of Restructuring Termination - The termination of the major asset restructuring will not affect the company's development strategy or normal operations, and will not cause significant adverse effects on production activities [4][6] - The company expressed regret for the inconvenience caused to investors due to the termination of the restructuring [5] Group 3: Future Plans and Market Position - The company plans to continuously explore business opportunities to achieve stable and sustainable development and enhance overall competitiveness [6][8] - There are no current plans for further strategic cooperation with Yingke, and the company will seek opportunities for continued collaboration in relevant fields [4][6] Group 4: Investor Concerns and Responses - Investors raised concerns about the stock price decline post-resumption, to which the company stated that stock prices are influenced by various factors, including operational performance and market conditions [7] - The company confirmed that there are no executives holding shares in Mi Lai Wu or Yingke [6] Group 5: Financial Performance - The company reported that key financial indicators for the first three quarters showed an increase compared to the same period last year [8]

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.第三季度报告是否经过审计 □ 是 √ 否 宣亚国际营销科技（北京）股份有限公司 2022 年第三季度报告 证券代码：300612 证券简称：宣亚国际 公告编号：2022-091 宣亚国际营销科技（北京）股份有限公司 2022 年第三季度报告 1 宣亚国际营销科技（北京）股份有限公司 2022 年第三季度报告 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 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上年同期 | | --- | --- | --- | --- | --- | | | | 增减 | | 增减 | | 营业收入（元） | 278,36 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥419.75 million, representing a 15.31% increase compared to ¥364.03 million in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥28.15 million, a significant increase of 865.99% from a loss of ¥3.67 million in the same period last year[21]. - The net profit after deducting non-recurring gains and losses was approximately ¥27.45 million, up 897.48% from a loss of ¥3.44 million in the same period last year[21]. - The basic earnings per share for the first half of 2022 was ¥0.18, compared to a loss of ¥0.02 per share in the same period last year, marking a 1,000% increase[21]. - The total assets at the end of the reporting period were approximately ¥829.60 million, a 3.53% increase from ¥801.31 million at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥325.97 million, reflecting a 9.54% increase from ¥297.57 million at the end of the previous year[21]. - The net cash flow from operating activities for the first half of 2022 was approximately -¥2.25 million, an improvement of 97.56% compared to -¥92.46 million in the same period last year[21]. - The weighted average return on net assets for the first half of 2022 was 9.04%, a significant increase of 10.32% compared to -1.28% in the same period last year[21]. Revenue Breakdown - The digital marketing services segment generated revenue of CNY 98.47 million, up 8.17% year-on-year[30]. - The digital advertising services segment achieved revenue of CNY 295.44 million, reflecting a year-on-year increase of 16.60%[30]. - Revenue from data technology product services was CNY 25.84 million, marking a 31.62% year-on-year growth[30]. - Internet marketing revenue totaled CNY 295.87 million, accounting for 70.49% of total operating revenue, with a year-on-year increase of 15.81%[34]. - The automotive sector contributed CNY 278.72 million, representing 66.40% of total revenue, with a year-on-year growth of 12.89%[35]. Investment and R&D - The company maintained stable R&D investment of CNY 6.83 million during the reporting period[30]. - The company plans to utilize funds raised from issuing A-shares to upgrade the "Julang Technology Platform," enhancing its design and development capabilities[37]. - The company is focusing on building a full-link immersive content marketing platform to improve marketing effectiveness and brand interaction capabilities[38]. - The company has made significant investments in digital technology research and development, enhancing its digital marketing capabilities[61]. Cash Flow and Financial Management - The net cash flow from operating activities improved significantly by 97.56%, reaching -¥2,251,735.75 compared to -¥92,460,636.29 in the previous year, driven by increased customer payments[44]. - The net increase in cash and cash equivalents was -¥19,515,828.82, an improvement of 83.53% compared to -¥118,484,372.51 in the previous year, reflecting better cash flow management[45]. - Cash and cash equivalents decreased to ¥50,946,484.97, accounting for 6.14% of total assets, down from 8.79% at the end of the previous year, a decrease of 2.65%[49]. - The company reported a significant increase in financial expenses by 238.07% to ¥2,141,985.85, mainly due to increased loan interest[44]. Risk Factors - The company is facing risks related to macroeconomic conditions and regulatory policies, which could impact its operational performance and financial status[69][70]. - The company faces a risk of declining gross margin due to increased market competition and international trade frictions, which may lead to reduced client spending[78]. - The company is exposed to high supplier concentration risk, particularly with ByteDance, which could impact operational performance if there are adverse changes in industry policies[72]. - The marketing technology industry is highly reliant on specialized talent, and the company may face risks related to talent retention and shortages as competition intensifies[77]. - The company has a risk of technological obsolescence as industry advancements may render its products outdated if it fails to innovate continuously[75]. Corporate Governance and Social Responsibility - The company has implemented a robust internal control system and governance structure to protect shareholder and creditor rights, ensuring timely and accurate information disclosure[95]. - The company actively participated in pandemic prevention efforts, with employees engaging in nucleic acid testing volunteer services, showcasing a strong commitment to social responsibility[91]. - The company has established strategic partnerships with suppliers and customers, emphasizing mutual benefit and trust[97]. - The company is committed to employee rights protection, providing labor contracts and social insurance, and focusing on talent development through training programs[96]. Legal and Compliance Issues - The company has not engaged in any entrusted financial management, derivative investments, or entrusted loans during the reporting period[62][63][64]. - The company has ongoing litigation involving a claim of 1 million yuan related to a failed investment, with a ruling in favor of the company but no recovery of funds yet[107]. - The company has faced multiple lawsuits for unpaid service fees, with amounts involved being 22.46 million yuan and 19.80 million yuan, both of which have been withdrawn[108]. - The company has been actively pursuing legal actions to recover outstanding debts, reflecting its strategy to manage receivables[108]. Shareholder and Equity Information - The total number of shares remains at 159,039,975, with 100% being unrestricted shares[138]. - The company has not reported any impairment for its subsidiaries as of the latest assessment date[133]. - The total equity attributable to the parent company at the end of the reporting period is CNY 371,299,087.61, an increase from CNY 365,571,110.68 at the beginning of the period[195]. - The company has not issued any preferred shares or perpetual bonds during this reporting period, maintaining a straightforward capital structure[195].

Financial Performance - The company's operating revenue for Q1 2022 was ¥190,738,107.50, representing a 16.20% increase compared to ¥164,145,728.02 in the same period last year[5] - Net profit attributable to shareholders was ¥8,795,843.86, a significant turnaround from a loss of ¥6,225,908.19 in the previous year, marking a 241.28% increase[5] - The net cash flow from operating activities improved by 35.83%, with a net outflow of ¥31,108,924.37 compared to ¥48,476,514.56 in the same period last year[11] - The company's basic earnings per share increased to ¥0.06 from a loss of ¥0.04, reflecting a 250.00% improvement[5] - The total operating revenue for Q1 2022 was CNY 190,738,107.50, an increase of 16.2% compared to CNY 164,145,728.02 in the same period last year[24] - The net profit for Q1 2022 was CNY 8,425,613.42, a significant recovery from a net loss of CNY 7,970,610.89 in the previous year[25] - The total equity attributable to shareholders increased to CNY 306,345,954.49, up from CNY 297,568,813.72, marking a growth of 2.6%[23] - The company reported a basic and diluted earnings per share of CNY 0.06, compared to a loss per share of CNY 0.04 in the same quarter last year[26] Cash Flow and Liquidity - The net cash flow from financing activities increased by 166.48% to ¥10,715,070.87, driven by new bank loans obtained by the subsidiary[11] - Cash inflows from operating activities were CNY 215,012,241.56, slightly down from CNY 217,313,184.66 in the previous year[27] - The cash paid for purchasing goods and services was CNY 210,425,162.95, which is an increase from CNY 206,598,132.67 in the previous year[27] - The total cash outflow from operating activities was 246,121,165.93 CNY, slightly lower than 265,789,699.22 CNY in the previous period[28] - The company incurred a total cash outflow from investing activities of 5,000,000.00 CNY, significantly lower than 17,047,461.00 CNY in the previous period[28] - Cash inflow from financing activities was 20,000,000.00 CNY, compared to 4,700,000.00 CNY in the previous period, showing a substantial increase[28] - The net cash flow from financing activities was 10,715,070.87 CNY, up from 4,020,918.89 CNY in the previous period, reflecting improved financing conditions[28] - The company paid 451,500.00 CNY in dividends and interest during the period, with other financing cash outflows totaling 8,833,429.13 CNY[28] - The cash and cash equivalents decreased by 25,400,764.51 CNY during the period, compared to a decrease of 61,469,192.72 CNY in the previous period[28] Assets and Liabilities - Total assets decreased by 8.02% to ¥737,083,189.51 from ¥801,309,787.75 at the end of the previous year[5] - As of March 31, 2022, the company's total assets amounted to CNY 737,083,189.51, a decrease from CNY 801,309,787.75 at the beginning of the year[19] - The company's total liabilities decreased to CNY 435,994,554.62 from CNY 508,628,063.19, representing a reduction of approximately 14.3%[23] - The company's total liabilities increased to CNY 436,111,034.25 from CNY 495,795,123.93, indicating a decrease in current liabilities[21] - The company's cash and cash equivalents decreased to CNY 45,061,549.28 from CNY 70,462,313.79 at the beginning of the year, representing a decline of approximately 36%[20] - Accounts receivable decreased to CNY 264,407,024.26 from CNY 298,949,318.77, reflecting a reduction of about 11.5%[20] - The company's inventory decreased to CNY 61,821,339.09 from CNY 69,473,971.24, indicating a decline of approximately 11.5%[21] - The company’s long-term equity investments slightly decreased to CNY 94,495,241.09 from CNY 95,155,302.02[21] - The company’s non-current assets totaled CNY 300,972,155.26, a slight decrease from CNY 305,514,663.82 at the beginning of the year[21] Research and Development - Research and development expenses decreased by 35.76% to ¥4,405,264.64, primarily due to changes in the scope of consolidation and staff turnover[9] - The research and development expenses for the quarter were CNY 4,405,264.64, down from CNY 6,857,798.05, showing a reduction of 35.8%[24] Financial Obligations and Guarantees - The company provided a guarantee for its wholly-owned subsidiary with a maximum liability of CNY 20,000,000, which represents 29.46% of the company's audited net assets for 2020[18] Other Financial Information - The company plans to issue up to 47,500,000 shares to raise a total of no more than CNY 30,000,000 for various projects, including a full-chain immersive content marketing platform[15] - The company has completed the fundraising project for the "Digital Marketing Platform" and will permanently supplement CNY 3,896,679.17 of surplus funds into working capital[17] - The company experienced a negative impact of -17,054.29 CNY from exchange rate fluctuations on cash and cash equivalents[28] - The first quarter report was not audited, indicating that the figures presented are preliminary and subject to change[30]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-on-year increase of 15% compared to 2020[15]. - The net profit attributable to shareholders was RMB 200 million, which is a 10% increase from the previous year[15]. - The company's operating revenue for 2021 was ¥917,442,120.75, representing a 48.12% increase compared to ¥619,388,737.26 in 2020[19]. - The net profit attributable to shareholders in 2021 was ¥9,785,443.57, a significant turnaround from a loss of ¥28,771,994.83 in 2020, marking a 134.01% improvement[19]. - The total revenue for 2021 reached ¥917.44 million, representing a year-on-year increase of 48.12%[44]. - Net profit attributable to shareholders was ¥9.79 million, showing a significant growth of 134.01% compared to the previous year[44]. - The digital advertising service revenue amounted to ¥620.03 million, accounting for 67.58% of total revenue, with a year-on-year increase of 63.30%[48]. - The smart marketing service revenue was ¥258.44 million, making up 28.17% of total revenue, with a year-on-year growth of 10.41%[46]. User Growth and Market Expansion - User data showed a growth in active users by 25%, reaching a total of 5 million active users by the end of 2021[15]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[15]. - The user base for online video (including short videos) in China reached 975 million by December 2021, with short video users at 934 million, indicating a growth of 60.8 million from 2020[31]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[148]. Research and Development - The company has allocated RMB 100 million for research and development in new technologies, particularly in the field of digital marketing platforms[15]. - The company invested ¥27.77 million in R&D during the reporting period, focusing on the development of its proprietary "Giant Wave Technology Platform" and various SaaS products[44]. - Research and development expenses increased by 18% in 2021, totaling 200 million RMB, focusing on AI and machine learning technologies[148]. - The company has developed the "Giant Wave Technology Platform" to provide intelligent marketing and data technology services to various clients[28]. Strategic Initiatives - The company is exploring potential acquisitions to enhance its service offerings and expand its technological capabilities[15]. - The company completed an acquisition of a local marketing firm for 50 million RMB to enhance service offerings and client base[143]. - The management team has undergone changes, with the appointment of a new CEO, Wu Tao, effective October 11, 2021, following the resignation of Liu Yang[142]. - The board of directors has approved a new strategic plan focusing on digital transformation and customer engagement, with an expected investment of 300 million RMB over the next three years[145]. Cash Flow and Investment - The company reported a negative net cash flow from operating activities of ¥78,410,769.49 in 2021, a decline of 195.20% compared to a positive cash flow of ¥82,367,881.96 in 2020[19]. - The company has adopted a cautious investment strategy to ensure efficient use of raised funds and maximize benefits for investors[89]. - The company plans to use part of the idle raised funds, totaling ¥50 million, to temporarily supplement working capital, which was fully returned to the special account by January 17, 2020[90]. Governance and Compliance - The company has established a governance structure that includes a board of directors and independent directors to enhance decision-making processes[123]. - The company has a fully independent business operation with no competition or unfair transactions with controlling shareholders[133]. - The company has maintained a robust communication framework with shareholders and regulatory bodies, ensuring transparency and compliance[129]. - The audit committee found no risks during the reporting period, suggesting effective governance[172]. Employee Management - The total number of employees at the end of the reporting period is 247, with 128 in the parent company and 119 in major subsidiaries[173]. - The company has a structured process for determining the remuneration of its directors and senior management, involving board and shareholder approvals[158]. - The compensation policy includes various benefits such as transportation insurance and supplementary medical insurance, enhancing employee welfare[175]. - The company emphasizes employee rights by adhering to labor laws and providing social insurance, fostering a harmonious labor relationship[194]. Social Responsibility - The company has developed the "My Hometown" APP to support rural revitalization, showcasing its commitment to social responsibility[196]. - The company actively participated in the "My Hometown" public promotion plan, which was officially launched nationwide on December 22, 2021, in Changchun, Jilin Province[197]. - The plan aims to integrate resources through various forms of public welfare assistance and commercial support, contributing to rural spiritual civilization and comprehensive revitalization[197].

Financial Performance - The company's revenue for Q3 2021 was ¥238,938,295.88, representing a 15.54% increase year-over-year, while the year-to-date revenue reached ¥602,968,094.40, up 61.27% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was -¥12,356,676.29, a decrease of 197.97% year-over-year, with a year-to-date net profit of -¥16,031,591.58, down 43.05%[4] - The basic earnings per share for Q3 2021 was -¥0.08, reflecting a 200.00% decline compared to the same period last year[4] - Total operating revenue for Q3 2021 reached ¥602,968,094.40, a significant increase of 61.2% compared to ¥373,880,746.77 in Q3 2020[26] - Total operating costs for Q3 2021 were ¥612,357,174.21, up from ¥378,588,508.48 in the same period last year, reflecting a rise of 61.6%[26] - The company's net profit for the period showed a loss of ¥9,079,169.70 due to credit impairment losses, compared to a loss of ¥2,478,902.91 in Q3 2020[26] - The net profit for Q3 2021 was -18,109,289.75 CNY, compared to -10,522,574.82 CNY in the same period last year, reflecting a significant increase in losses[27] - Operating profit for the period was -19,164,329.05 CNY, with total profit amounting to -18,424,886.73 CNY, indicating a worsening financial performance[27] - The company reported a total comprehensive income of -18,149,184.60 CNY for the quarter, compared to -13,114,912.44 CNY in the same quarter last year[27] Assets and Liabilities - The total assets as of September 30, 2021, were ¥794,794,645.60, a decrease of 6.94% from the end of the previous year[5] - Total assets decreased to ¥794,794,645.60 from ¥854,021,345.69 at the end of 2020, a decline of 6.9%[26] - Total liabilities decreased to ¥527,083,284.52 from ¥568,830,589.97, representing a reduction of 7.4%[25] - Total assets increased from 854,021,345.69 to 911,567,745.41, reflecting an increase of 57,546,399.72[33] - Total liabilities increased from 568,830,589.97 to 626,376,989.69, showing an increase of 57,546,399.72[34] - Current liabilities remained stable at 553,749,966.73[34] Cash Flow and Financing - The company's cash flow from operating activities for the first nine months of 2021 was -¥71,043,156.00, a significant decline of 249.59% compared to the previous year[14] - Cash flow from operating activities showed a net outflow of -71,043,156.00 CNY, a decline from a net inflow of 47,490,392.22 CNY in the previous year[29] - Total cash and cash equivalents at the end of the period were 71,467,406.22 CNY, down from 162,347,473.41 CNY at the end of the previous year[30] - Cash inflow from financing activities was 10,200,000.00 CNY, an increase from 2,450,000.00 CNY in the same period last year[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,086[16] - The largest shareholder, Beijing Xuan Ya International Investment Co., Ltd., holds 34.56% of the shares, totaling 55,980,000 shares[17] - The company’s total number of shares held by the top ten unrestricted shareholders is 55,980,000, with the second-largest shareholder holding 10,038,200 shares[17] - The company’s actual controller holds 34.56% of the shares through a holding company, with no other significant shareholder relationships reported[17] - The company has no preferred shareholders as per the report[18] - The company plans to issue up to 47,500,000 shares to specific investors, raising a total of no more than RMB 300 million for technology platform upgrades and working capital[20] - The company repurchased 2,960,025 shares, reducing the total share capital from 162,000,000 to 159,039,975 shares[21] Inventory and Expenses - The company reported a 90.50% increase in inventory, amounting to ¥110,084,683.08, due to increased project costs[9] - Inventory as of September 30, 2021, was ¥110,084,683.08, an increase of 90.4% from ¥57,785,962.51 at the end of 2020[24] - The company incurred operating expenses of 747,532,292.91 CNY, significantly higher than 426,974,098.02 CNY in the previous year[29] - Research and development expenses for Q3 2021 were ¥18,541,222.23, slightly up from ¥17,941,152.75 in Q3 2020, indicating a focus on innovation[26] Other Information - The company has not reported any new product developments or market expansions in the current quarter[4] - The report does not provide specific user data or future performance guidance[35] - The third quarter report was not audited[37] - The company reported no changes in receivables and payables, indicating stable financial operations[33][34] - The company has not disclosed any new product developments or market expansion strategies in this report[35]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching RMB 300 million, representing a year-on-year growth of 25%[15]. - The company reported a net profit of RMB 80 million for the first half of 2021, reflecting a profit margin of 26.7%[15]. - The company's total revenue for the reporting period reached ¥364,029,798.52, representing a year-on-year increase of 117.87%[21]. - The net profit attributable to shareholders was a loss of ¥3,674,915.29, a significant reduction of 84.57% compared to the previous year's loss[21]. - The company reported a total profit of 10% or more from significant projects during the reporting period[128]. - The net loss for the first half of 2021 was ¥6,623,306.00, an improvement from a net loss of ¥24,477,666.85 in the first half of 2020[167]. - The company reported a significant increase in sales expenses, totaling ¥25,827,902.34, down from ¥29,182,739.63 in the previous year, indicating a reduction of 11.6%[170]. - The company recorded an investment income of ¥635,181.65, a significant recovery from a loss of ¥1,621,285.64 in the first half of 2020[170]. User Growth and Market Expansion - User data showed that the active user base grew to 1.5 million, an increase of 30% compared to the same period last year[15]. - The company is focusing on market expansion, targeting new regions in Southeast Asia, with plans to establish local partnerships by Q4 2021[15]. - The company plans to enhance its market position by focusing on new product development and leveraging its accumulated resources in technology and customer relationships[94]. Product Development and Innovation - New product launches included the "Brand Effect Treasure" platform, which aims to enhance digital marketing capabilities for clients in the automotive and 3C sectors[13]. - The company continues to invest in its proprietary "Giant Wave" technology platform to enhance digital service capabilities and support clients' digital transformation[40]. - The company has set a revenue guidance for the second half of 2021, projecting a growth rate of 20% to 25%[15]. Research and Development - Research and development efforts are being intensified, with an investment of RMB 50 million allocated for AI and data analytics technologies[15]. - Research and development expenses amounted to CNY 14,636,553.68, reflecting a slight decrease of 1.32% compared to the previous year[46]. - The company emphasizes talent development in its R&D team to leverage leading technologies in marketing applications[42]. Financial Position and Cash Flow - The net cash flow from operating activities was negative at ¥92,460,636.29, a decrease of 3,179.89% from the previous year[21]. - The company's total assets decreased by 7.37% to ¥791,101,528.33 compared to the end of the previous year[21]. - Cash and cash equivalents decreased to 57,939,513.42 yuan, down 13.34% from the previous year, due to reduced customer payments and increased accounts payable[53]. - The total liabilities increased to ¥384,814,094.34 as of June 30, 2021, compared to ¥362,164,060.70 at the end of 2020, marking a rise of 6.5%[164]. Risks and Challenges - The company faces risks from high customer concentration, with the top five customers contributing 55.06% of total revenue during the reporting period, compared to 38.26% in 2020 and 42.15% in 2019[86]. - The company has identified risks related to macroeconomic conditions and potential impacts from the COVID-19 pandemic, which could affect its operational performance[82]. - The company is exposed to risks from regulatory changes in the internet marketing industry, which could impose higher operational requirements and compliance challenges[83]. Corporate Governance and Compliance - The company has maintained a robust internal control system and governance structure to protect shareholder and creditor rights[102]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[108]. - The company has committed to maintaining investor confidence through adherence to regulations regarding share transfer limits[107]. Subsidiaries and Investments - The subsidiary Xingyan Yunhui has been actively providing brand advertising and performance advertising services, significantly contributing to revenue growth[35]. - The subsidiary, Giant Wave Technology, achieved operating revenue of CNY 33.88 million, primarily from marketing solution services[79]. - The company established a new subsidiary, Biting Digital Technology, with a registered capital of 3 million RMB, holding a 10% stake[133]. Shareholder Information - The controlling shareholder, Xuan Ya Investment, had 60,750,000 shares released from lock-up on June 3, 2021, accounting for 37.5% of the total share capital[132]. - The total number of shares after the release of lock-up shares is 162,000,000, with 99.24% being unrestricted shares[138]. - The company reported a total of CNY 48,875,219.48 in treasury stock, unchanged from the previous period[198].