Financial Performance - Total revenue for the first half of 2018 was CNY 155,899,746.07, representing a 36.94% increase compared to CNY 113,848,998.94 in the same period last year[17]. - Net profit attributable to shareholders was CNY 39,099,438.36, a 50.29% increase from CNY 26,015,664.39 year-on-year[17]. - Net profit after deducting non-recurring gains and losses was CNY 34,177,169.53, up 34.38% from CNY 25,433,423.40 in the previous year[17]. - Basic and diluted earnings per share decreased to CNY 0.37, down 54.32% from CNY 0.81 in the previous year[17]. - The weighted average return on equity was 9.69%, down 8.03% from 17.72% in the same period last year[17]. - The company reported a total comprehensive income of ¥39,171,542.57, compared to ¥25,957,698.74 previously, marking an increase of approximately 51.0%[162]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2018, representing a 25% growth compared to the same period last year[87]. Cash Flow and Assets - The net cash flow from operating activities was negative CNY 6,509,962.21, worsening by 183.76% compared to negative CNY 2,294,146.07 in the same period last year[17]. - The net cash flow from investing activities was ¥115,173,804.52, a significant improvement compared to -¥1,237,635.31 in the previous year, primarily due to the purchase of financial products[45]. - The company's cash and cash equivalents decreased by 73.70% to ¥48,295,278.31, influenced by the investment in financial products and dividend distribution[45]. - The total assets at the end of the reporting period were CNY 423,156,810.77, a decrease of 1.72% from CNY 430,579,883.40 at the end of the previous year[17]. - The company's total current asset of CNY 321,279,721.53, a decrease of 1.6% from CNY 327,809,151.94 at the beginning of the period[151]. - Cash and cash equivalents increased significantly to CNY 100,570,150.29 from CNY 49,608,773.65, representing a growth of 102.0%[151]. Business Operations - The company focuses on providing comprehensive interior design services, covering various sectors including commercial, hotel, and healthcare buildings[24]. - The company operates primarily through public bidding and client commissions, with no significant changes in its main business during the reporting period[27]. - The company has established a project-based management system, enhancing operational efficiency and responsiveness to client needs, which contributed to revenue growth[40]. - The company is expanding its business scope by integrating architectural design with interior and electromechanical design services, enhancing its market competitiveness[41]. - The company has established branches in major cities across China, creating a nationwide client resource network[33]. Research and Development - Research and development expenses surged by 197.10% to ¥7,073,122.64, indicating a significant increase in R&D investment[45]. - The company aims to increase its R&D expenditure to 100 million RMB in 2019, focusing on sustainable design technologies[90]. - Investment in new product development increased by 30%, focusing on innovative design solutions to enhance market competitiveness[90]. Market Position and Recognition - The company has been recognized as a high-tech enterprise and has received multiple awards, including being ranked 31st globally in interior design and 3rd in commercial design by INTERIOR DESIGN magazine[26]. - The company has established a strong brand presence with specialized service brands, enhancing overall market recognition and customer acceptance[30]. - The company ranked 31st in the global interior design rankings and 3rd in the commercial design sector according to the 2018 list by INTERIOR DESIGN magazine[43]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has committed to not transferring or entrusting shares for 12 months post-IPO for specific stakeholders[80]. - The company’s total number of shares increased to 105,400,000 after the implementation of the 2017 annual equity distribution plan on June 29, 2018[127]. - The company’s independent audit firm provided audited financial data for the profit distribution plan[122]. Risks and Challenges - The company faces various risks including macroeconomic fluctuations and market expansion risks[4]. - The company emphasizes the importance of retaining key design talent to mitigate risks associated with human resource management[72]. - The company is actively processing the renewal application for the high-tech enterprise status, which may impact future operating performance if tax incentives change[74].

Financial Performance - Total revenue for Q1 2018 was CNY 62,383,983.31, representing a 27.42% increase compared to CNY 48,958,226.12 in the same period last year[7]. - Net profit attributable to shareholders was CNY 17,157,007.88, a 65.39% increase from CNY 10,373,356.46 year-on-year[7]. - Net profit excluding non-recurring items was CNY 14,957,341.06, up 52.45% from CNY 9,811,190.86 in the previous year[7]. - Basic earnings per share increased by 24.24% to CNY 0.41 from CNY 0.33 in the same period last year[7]. - The operating profit reached 19.9945 million RMB, reflecting a growth of 48.15% year-on-year[23]. - The total comprehensive income for the period was CNY 16,798,847.60, compared to CNY 10,559,562.43 in the previous year, marking a rise of 58.7%[52]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 440,650,287.39, a 2.34% increase from CNY 430,579,883.40 at the end of the previous year[7]. - Total liabilities decreased to CNY 38,940,769.97 from CNY 46,807,313.48, a reduction of about 16.4%[44]. - Total equity increased to CNY 401,709,517.42 from CNY 383,772,569.92, showing a growth of approximately 4.7%[45]. - Cash and cash equivalents at the end of the reporting period amounted to 82.1243 million RMB, a 65.54% increase from the beginning of the period[20]. Cash Flow - The company reported a net cash flow from operating activities of CNY -7,021,856.06, an improvement of 58.39% from CNY -16,875,733.45 in the previous year[7]. - The cash flow from operating activities was CNY 51,724,945.49, significantly higher than CNY 35,781,104.07 in the same quarter last year[57]. - The net cash flow from investment activities was 39,537,382.15 CNY, recovering from -82,659.33 CNY in the previous period[59]. - The net increase in cash and cash equivalents was 32,515,518.26 CNY, compared to a decrease of -21,607,442.70 CNY in the previous period[59]. Expenses - Marketing expenses increased by 37.75% to 4.3878 million RMB, driven by a rise in the number of marketing personnel and total compensation[21]. - Management expenses rose by 37.3% to 9.9416 million RMB, attributed to increased R&D expenditures and stock-based compensation[21]. - The company's sales expenses increased to CNY 4,387,820.47, up 37.7% from CNY 3,185,360.72 in Q1 2017[51]. Investments and R&D - The company capitalized CNY 1,690,000 in R&D expenses in 2017, accounting for 0.68% of total revenue and 2.71% of net profit attributable to shareholders[12]. - The investment progress for the headquarters operation center expansion project is 85.08%[31]. - The investment progress for the enterprise information technology construction project is 50.81%[31]. Risks and Management - The company faces risks related to macroeconomic fluctuations, market expansion, and receivables management, which could impact future performance[10][11][12]. - The company has implemented a project recommendation and incentive mechanism to enhance marketing efforts and has optimized its internal management systems[25]. - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[29]. Shareholder Information - The company plans to distribute cash dividends of RMB 15 per 10 shares and increase its total share capital to 105,400,000 shares through a capital reserve transfer[28]. - The proposed cash dividend is 15 RMB per 10 shares, totaling 63,240,000 RMB based on 42,160,000 shares[33].

Financial Performance - The company's operating revenue for 2017 was ¥249,874,756.72, representing a 36.51% increase compared to ¥183,050,696.34 in 2016[15] - The net profit attributable to shareholders for 2017 was ¥62,247,922.87, a 52.47% increase from ¥40,826,130.43 in 2016[15] - The net profit after deducting non-recurring gains and losses was ¥59,693,895.80, up 54.83% from ¥38,553,470.49 in the previous year[15] - The net cash flow from operating activities was ¥23,237,057.17, an increase of 43.67% compared to ¥16,174,334.65 in 2016[15] - The total assets at the end of 2017 reached ¥430,579,883.40, an 87.74% increase from ¥229,348,021.34 at the end of 2016[15] - The net assets attributable to shareholders increased by 193.98% to ¥383,772,569.92 from ¥130,544,635.81 in 2016[15] - The basic earnings per share for 2017 was ¥1.69, a 31.01% increase from ¥1.29 in 2016[15] - The weighted average return on net assets was 24.19%, down from 37.18% in the previous year[15] Revenue Breakdown - Total revenue for the year was 250,874,756.70 CNY, with a peak in Q3 at 72,215,746.44 CNY, representing a 47.5% increase from Q1[17] - The architectural interior design segment generated ¥243,949,229.52, accounting for 97.63% of total revenue, with a year-over-year growth of 38.43%[45] - The office building segment saw a significant revenue increase of 75.96%, reaching ¥49,585,327.17[46] - The healthcare-related architectural projects have shown promising growth, with the segment generating ¥6,147,983.04 in revenue during the reporting period[49] - The soft decoration sales segment experienced a decline of 55.85%, generating only ¥1,880,629.51 in revenue[45] Cash Flow and Investments - The net cash flow from operating activities increased by 43.67% to ¥23.24 million[62] - The net cash flow from investment activities was -155.81 million yuan, mainly due to the company's use of idle funds for wealth management[64] - The net cash flow from financing activities was 138.76 million yuan, a significant increase of 178.89% year-on-year, attributed to the funds raised from the company's initial public offering in June 2017[64] - The company made a significant investment of 5 million yuan in Shenzhen Yichen Virtual Reality Technology Co., Ltd., acquiring an 8.33% stake[71] Market Expansion and Strategy - The company expanded its market presence by establishing branches in major cities, enhancing its client resource network[32] - The company successfully launched the SOHOvita global design management B2C platform, which has engaged nearly 1,000 international designer members by the end of the reporting period[41] - The company is exploring new business models, including integrated services for commercial and office spaces, aiming to provide comprehensive solutions for clients[86] - The company plans to enhance its marketing efforts and establish strategic customer relationships to increase market orders, implementing an all-staff marketing approach[86] Risk Factors - The company faces various risks including macroeconomic fluctuations, market expansion risks, and receivables risks, which investors should be aware of[4] - Accounts receivable increased by 58.87% to CNY 123.99 million, driven by continuous growth in operating income[29] - The company reported accounts receivable of 123.99 million yuan, accounting for 49.62% of its revenue, indicating potential risks related to client payment capabilities[90] Profit Distribution Policy - The company has a profit distribution policy that mandates a minimum cash dividend of 80% for mature stages without major capital expenditures, 40% for mature stages with major expenditures, and 20% for growth stages with major expenditures[98] - The company aims to distribute at least 10% of the annual distributable profit as cash dividends, with a cumulative minimum of 30% over any three consecutive years[99] - The company plans to distribute a cash dividend of ¥15.00 per 10 shares, totaling ¥63,240,000 based on 42,160,000 shares[4] Corporate Governance - The company has appointed independent directors and supervisors with extensive backgrounds in various industries, enhancing governance and oversight[183] - The management team includes experienced professionals with backgrounds in finance, engineering, and design, contributing to the company's strategic direction[184] - The company is committed to maintaining transparency and accountability in its governance practices, as evidenced by the detailed reporting of management remuneration[186] Employee and Management Structure - The total number of employees in the company is 494, with 246 in the parent company and 248 in major subsidiaries[189] - The professional composition includes 397 technical personnel, 42 sales personnel, 49 management and administrative staff, and 6 financial personnel[189] - The company has established a competitive salary incentive management system, linking employee compensation to individual performance and company performance[191] Compliance and Legal Matters - There were no significant lawsuits or arbitration matters during the reporting period[128] - The company did not face any penalties or rectification issues during the reporting period[129] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[121]

Financial Performance - Operating revenue for the period was CNY 72,215,746.44, a 30.49% increase year-on-year[7] - Net profit attributable to shareholders increased by 68.30% to CNY 17,693,039.11 compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 72.39% to CNY 16,449,775.12[7] - Basic earnings per share rose by 26.07% to CNY 0.4197[7] - The weighted average return on equity was 11.80%, an increase of 51.66% compared to the same period last year[7] - The company's total operating revenue for the year-to-date period reached CNY 186,064,745.38, an increase of 40.7% from CNY 132,291,951.83 in the same period last year[42] - The total profit for Q3 2017 was CNY 22,033,532.05, up 74.5% from CNY 12,630,595.00 in Q3 2016[36] - The net profit for Q3 2017 reached CNY 17,693,039.11, representing a 68.5% increase from CNY 10,512,911.73 in Q3 2016[36] - The company's operating profit for Q3 2017 was CNY 21,580,751.49, a significant increase of 90.1% compared to CNY 11,342,866.20 in the same quarter last year[36] Assets and Liabilities - Total assets increased by 80.29% to CNY 413,499,038.50 compared to the end of the previous year[7] - The company's total liabilities decreased to CNY 47,992,679.46 from CNY 98,803,385.53, a reduction of 51.5%[28] - Total liabilities decreased significantly, with short-term and long-term borrowings fully repaid, resulting in a 100% reduction in both categories[16] - The equity attributable to the parent company increased to CNY 365,506,359.04, up from CNY 130,544,635.81, representing an increase of 179.5%[29] - The company's fixed assets increased to CNY 85,616,353.20 from CNY 4,637,870.27, a growth of 1747.5%[28] Cash Flow - Cash flow from operating activities increased by 264.42% to CNY 13,815,215.17 year-to-date[7] - The net increase in cash and cash equivalents was ¥152,581,058.67, a 441.53% increase due to funds from the initial public offering[17] - Cash and cash equivalents increased by 346.70% to ¥195,804,006.77 due to funds raised from the initial public offering[16] - The company's operating cash flow for Q3 2017 was CNY 55,346,327.37, compared to CNY 32,882,204.02 in Q3 2016, marking a 68.2% increase[44] - Total cash inflow from financing activities reached CNY 203,692,090.56, significantly higher than CNY 9,000,000.00 in the previous period[54] Shareholder Information - The company had a total of 7,479 common shareholders at the end of the reporting period[11] - The top shareholder, Jiang Feng, holds 44.93% of the shares, totaling 18,941,846 shares[11] Expenses and Costs - Management expenses rose by 40.98% to ¥28,401,332.10, primarily due to increased employee compensation and R&D expenses[17] - The total operating costs for Q3 2017 amounted to CNY 51,789,063.95, up from CNY 44,001,091.09 in the previous year, reflecting a growth of 17.5%[35] - The total operating costs for the year-to-date period were CNY 131,872,487.01, which is a 32.6% increase from CNY 99,409,747.81 in the previous year[42] Investment Activities - The company completed a capital increase of ¥5 million in Shenzhen Yichen Virtual Reality Technology Co., acquiring an 8.3333% stake[18] - The company received CNY 198,692,090.56 from investment activities, with no previous comparable figure reported[54] Other Financial Metrics - The total comprehensive income for Q3 2017 was CNY 17,605,350.25, compared to CNY 10,675,243.12 in the previous year, marking a growth of 64.5%[37] - The company reported a decrease in asset impairment losses to CNY 605,236.74 in Q3 2017 from CNY 2,284,015.28 in Q3 2016, indicating improved asset management[36] - Other income for Q3 2017 amounted to CNY 1,154,069.00, compared to CNY 0.00 in the same period last year[44]

Financial Performance - Total revenue for the first half of 2017 reached ¥113,848,998.94, representing a 47.96% increase compared to ¥76,947,994.54 in the same period last year[16]. - Net profit attributable to shareholders was ¥26,015,664.39, up 50.54% from ¥17,281,325.65 year-on-year[16]. - Net profit after deducting non-recurring gains and losses was ¥25,433,423.40, reflecting a 51.97% increase from ¥16,735,905.77 in the previous year[16]. - Basic earnings per share increased to ¥0.81, a rise of 47.27% compared to ¥0.55 in the same period last year[16]. - The company reported a total profit of CNY 34,530,772.07, up from CNY 22,221,037.05, which is an increase of approximately 55%[133]. - Operating profit reached CNY 33,765,575.88, compared to CNY 21,539,337.82 in the prior year, indicating a growth of around 56%[133]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2017, representing a year-over-year growth of 25%[72]. Assets and Liabilities - Total assets at the end of the reporting period were ¥434,928,110.24, an increase of 89.64% from ¥229,348,021.34 at the end of the previous year[16]. - The company's equity increased significantly to CNY 347,901,008.79 from CNY 130,544,635.81, marking an increase of approximately 166.5%[126]. - The total amount of cash and cash equivalents at the end of the reporting period was CNY 226,792,612.10, representing 52.14% of total assets, an increase of 30.21% due to IPO proceeds[42]. - The company reported a total liability of CNY 87,027,101.45, down from CNY 98,803,385.53, a decrease of about 11.5%[125]. - The total current liabilities decreased to CNY 50,019,208.28 from CNY 58,027,725.50, a reduction of approximately 13.8%[125]. Cash Flow - The net cash flow from operating activities improved to -¥2,294,146.07, a 73.74% reduction in losses compared to -¥8,737,014.87 in the same period last year[16]. - The cash inflow from project collections in the first half of 2017 was CNY 9,599.67 million, representing a 65.08% increase compared to the same period last year[36]. - The company reported a total cash and cash equivalents balance of 214,626,437.82 CNY at the end of the period, up from 19,488,464.47 CNY in the previous period[144]. - The net cash flow from financing activities was 191,927,452.24 CNY, compared to -318,955.73 CNY in the previous period, showing a strong positive shift[144]. Market Presence and Growth Strategy - The company has expanded its market presence with branches in major cities, covering nearly 100 cities nationwide[28]. - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[135]. - The company plans to enhance customer engagement through improved service offerings, expecting a 10% increase in customer satisfaction scores[72]. - The company is exploring potential acquisitions to bolster its design capabilities, with a budget of 300 million RMB allocated for this purpose[72]. Risks and Challenges - The company faces various risks including macroeconomic fluctuations and market expansion challenges[4]. - The company faces risks related to macroeconomic fluctuations that could impact the demand for its interior design services[61]. - The company faces risks from potential changes in real estate regulatory policies, which could impact the cash flow and payment speed of real estate developers, thereby affecting the company's receivables[63]. - The company emphasizes the importance of maintaining a stable talent pool in the highly competitive design industry, as the loss of key personnel could adversely affect its operations[64]. Shareholder Information and Stock Management - The company plans to initiate a share buyback within 30 days after the administrative penalty decision by the China Securities Regulatory Commission becomes effective[71]. - The company has committed to maintaining the stability of its stock price for three years post-listing[70]. - Shareholders are restricted from transferring their shares for 36 months after the completion of the equity acquisition registration[70]. - The company will hold a shareholders' meeting to review the buyback plan within five days after the approval of the buyback proposal[71]. Research and Development - Research and development investment increased by 90.92% to CNY 2,380,741.49, reflecting a commitment to enhancing information technology infrastructure[37]. - Research and development investments have increased by 40% in 2017, totaling 100 million RMB, to enhance product offerings and technology[73]. Corporate Governance and Compliance - The company has not engaged in any entrusted financial management, derivative investments, or entrusted loans during the reporting period[53][54][55]. - There were no significant litigation or arbitration matters during the reporting period[80]. - The company did not engage in any major related party transactions during the reporting period[88]. - The financial report for the first half of 2017 was not audited[121].