Financial Performance - Total revenue for the reporting period was ¥159,887,472.42, an increase of 3.98% compared to ¥153,766,006.91 in the same period last year[18]. - Net profit attributable to shareholders was -¥12,375,261.12, a significant decline from ¥3,611,318.84 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was -¥24,990,245.67, a decrease of 707.76% compared to -¥3,093,753.30 last year[18]. - The net cash flow from operating activities improved to -¥19,622,305.55, a 68.90% increase from -¥63,087,923.14 in the previous year[18]. - Total assets at the end of the reporting period were ¥899,668,480.99, reflecting a 6.16% increase from ¥847,429,547.90 at the end of the previous year[18]. - Net assets attributable to shareholders decreased by 5.11% to ¥420,628,374.48 from ¥443,270,304.60 at the end of the previous year[18]. - Total operating revenue for the first half of 2019 was CNY 159,887,472.42, an increase of 3.67% compared to CNY 153,766,006.91 in the first half of 2018[134]. - The net profit for the first half of 2019 was a loss of CNY 12,831,359.11, compared to a profit of CNY 2,790,055.36 in the same period of 2018[135]. - The total comprehensive income for the first half of 2019 was -21,032,539.22 CNY, reflecting the same loss as the net profit[140]. Strategic Partnerships and Projects - The company has a strategic partnership with the Lawrence Berkeley National Laboratory for research on energy efficiency and sustainable building practices[10]. - The company successfully won the bid for the Xiong'an Business Service Center project with a total amount of 189 million RMB, marking the largest bid amount for a consulting project in its history[30]. - The company is focused on providing comprehensive solutions for urban green development, including research, planning, design, consulting, and project management[25]. - The company has established a comprehensive database covering over 1,600 parameters related to urban climate, air quality, and carbon emissions, providing a significant competitive advantage in the green building research field[31]. Research and Development - Research and development expenses increased by 6.26% to 11.84 million RMB, focusing on key technologies and innovation platforms[46]. - The company has accumulated 67 patents, including 37 invention patents, and has participated in the development of over 100 national and local standards[29]. Risk Management - The company has established a comprehensive risk management system to address operational risks in diverse project types[75]. - The company faces risks from market competition, requiring a robust market strategy management mechanism to adapt to changes[74]. - The company is committed to enhancing its R&D management system to mitigate technology risks associated with innovation and commercialization[75]. Corporate Governance and Compliance - The company emphasizes the importance of accurate and complete financial reporting, with key personnel affirming the report's integrity[3]. - The company has not faced any penalties or corrective actions during the reporting period[86]. - The company has not reported any media controversies during the reporting period[85]. - The financial report for the half-year period has not been audited[122]. Shareholder Information - The company has a total of 146,666,700 shares, with 45% held by state-owned entities and 55% held by other investors[107]. - The largest shareholder, Shenzhen Yuanzhi Investment Co., Ltd., holds 42.86% of shares, totaling 62,857,143 shares[109]. - The total number of ordinary shareholders at the end of the reporting period is 17,102[109]. Operational Efficiency - The company has enhanced its information management systems, including laboratory information management and project management systems, improving internal communication and operational efficiency[35]. - The company has implemented a "three-in-one" management system, ensuring effective operation of its quality, environmental, and occupational health safety management[34]. Financial Position - Current assets totaled CNY 537,731,380.72 as of June 30, 2019, an increase of 3.4% from CNY 519,359,134.81 at the end of 2018[125]. - Total liabilities increased to CNY 478,678,022.90 from CNY 403,341,061.70, reflecting a growth of 18.7%[127]. - The company's equity attributable to shareholders decreased to CNY 420,628,374.48 from CNY 443,270,304.60, a decline of 5.1%[127]. Future Outlook - The company plans to strengthen strategic investments and continue transforming its business chain to enhance market competitiveness[44]. - Future guidance suggests a cautious but optimistic outlook for revenue growth and operational efficiency improvements[150].

Financial Performance - Total operating revenue for Q1 2019 was ¥44,665,720.41, an increase of 2.63% compared to ¥43,519,507.05 in the same period last year[8]. - Net profit attributable to shareholders was -¥23,515,497.82, improving by 12.20% from -¥26,783,354.59 year-on-year[8]. - Basic earnings per share for Q1 2019 was -¥0.1603, up 12.19% from -¥0.1826 in the same period last year[8]. - The net loss for the current period was ¥24,375,916.90, an improvement compared to a net loss of ¥27,243,081.34 in the previous period, indicating a reduction of about 10.2%[49]. - The total profit (loss) for the current period was -¥24,340,556.04, an improvement from -¥27,243,081.34 in the previous period, indicating a reduction of about 10.4%[49]. - The total comprehensive loss for the current period was -¥24,375,916.90, compared to -¥27,243,081.34 in the previous period, reflecting an improvement of about 10.2%[50]. Cash Flow - Net cash flow from operating activities was -¥4,452,014.70, a significant improvement of 90.92% compared to -¥49,050,178.32 in the previous year[8]. - Cash generated from operating activities increased significantly to ¥75,780,830.77 from ¥61,978,939.57, marking a growth of approximately 22.2%[56]. - Total cash inflow from operating activities was 129,091,910.13 CNY, while cash outflow was 133,543,924.83 CNY, resulting in a net cash flow deficit[57]. - The cash flow from investment activities showed a net outflow of -8,094,836.30 CNY, compared to -46,293,907.90 CNY in the previous period, reflecting a reduction in investment losses[58]. - The ending balance of cash and cash equivalents was 131,576,748.31 CNY, down from 145,584,988.20 CNY at the beginning of the period[58]. - The company received 53,311,079.36 CNY in other cash related to operating activities, a significant increase from 3,120,996.25 CNY in the previous period[57]. Assets and Liabilities - Total assets at the end of the reporting period were ¥824,882,720.46, a decrease of 2.66% from ¥847,429,547.90 at the end of the previous year[8]. - Current liabilities increased slightly from CNY 302,467,220.17 to CNY 306,683,478.64, an increase of about 1.1%[39]. - The total liabilities increased from CNY 403,341,061.70 to CNY 405,170,151.16, an increase of about 0.5%[39]. - The owner's equity decreased from CNY 444,088,486.20 to CNY 419,712,569.30, a decline of approximately 5.5%[41]. - The total current assets decreased from CNY 437,757,819.49 to CNY 417,626,721.96, a decline of approximately 4.6%[44]. Shareholder Information - The company had a total of 16,071 common shareholders at the end of the reporting period[12]. - The largest shareholder, Shenzhen Yuanzhi Investment Co., Ltd., held 42.86% of the shares, totaling 62,857,143 shares[12]. - There were no significant changes in the number of restricted shares during the reporting period[14]. Research and Development - R&D expenses increased by 41.22% to 4.79 million yuan, reflecting a significant boost in research investment[16]. - Research and development expenses increased to ¥4,788,084.04, up from ¥3,390,406.47, reflecting a growth of approximately 41.2%[47]. Strategic Initiatives - The company plans to enhance its market presence by focusing on urban-level and strategic-level clients, aiming to improve brand awareness[18]. - The company is actively pursuing mergers and acquisitions to strengthen its strategic investment capabilities and optimize capital operation efficiency[19]. - The company is committed to responding to policy risks by adapting to changes in national policies and seizing new industry development opportunities[22]. - The company is enhancing its comprehensive innovation platform to improve core competitiveness and drive new revenue growth[18]. - The company is focusing on the development of green cities and buildings, particularly in the Xiong'an New Area and the Guangdong-Hong Kong-Macao Greater Bay Area[19]. Risk Management - The company faces intensified market competition risks due to new entrants and changing owner demands, necessitating a robust market strategy management mechanism[21]. - The company is facing project management risks due to the implementation of the "architect responsibility system," requiring enhanced project management capabilities[24]. - The company is addressing talent risks by strengthening human resource management and establishing a competitive mechanism for talent recruitment and retention[25]. Other Financial Information - Government subsidies recognized in the current period amounted to ¥5,721,869.01[9]. - The total amount of raised funds is CNY 10,739.76 million, with CNY 6,793.54 million already utilized[28]. - The company has not changed the purpose of the raised funds, maintaining a 0.00% ratio of cumulative changes[29]. - The company has utilized CNY 40 million of temporarily idle raised funds for cash management, with a remaining balance of CNY 622,374.52[30]. - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[26]. - The company has not reported any violations regarding external guarantees during the reporting period[31]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[32].

Financial Performance - The company reported a profit distribution plan based on 146,666,700 shares, proposing a cash dividend of 0.70 RMB per 10 shares (tax included) and no bonus shares[5]. - The company's operating revenue for 2018 was CNY 397,007,934.86, representing a 3.97% increase compared to CNY 381,831,957.61 in 2017[17]. - The net profit attributable to shareholders for 2018 was CNY 34,630,772.68, a 1.89% increase from CNY 33,987,787.76 in 2017[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 49.87% to CNY 12,116,967.00 from CNY 24,170,554.18 in 2017[17]. - The net cash flow from operating activities for 2018 was CNY 42,986,794.68, down 55.87% from CNY 97,410,702.88 in 2017[17]. - The total assets at the end of 2018 were CNY 847,429,547.90, an increase of 22.53% from CNY 691,584,901.89 at the end of 2017[17]. - The company reported a basic earnings per share of CNY 0.2361 for 2018, a decrease of 12.97% from CNY 0.2713 in 2017[17]. - The weighted average return on net assets for 2018 was 8.06%, down from 11.33% in 2017, indicating a decline in profitability[17]. - The company achieved a total operating revenue of 397.01 million yuan in 2018, representing a year-on-year growth of 3.97%[41]. - Net profit attributable to shareholders reached 34.63 million yuan, an increase of 1.89% compared to the previous year[41]. Strategic Initiatives - The company aims to enhance its market position through comprehensive services in planning, design, construction, and operation, promoting green building practices[10]. - The company is committed to integrating ecological diagnostics into urban planning, focusing on resource conservation and environmental protection[10]. - The company has established strategic partnerships with international research institutions to advance its technology and service offerings[10]. - The company’s operational strategy includes expanding its market presence through innovative engineering and consulting services[10]. - The company is actively pursuing new technologies and products to enhance its competitive edge in the construction industry[10]. - The company is focused on providing comprehensive solutions for urban green development, integrating research, planning, design, and project management[27]. - The company is actively pursuing the "Yicheng Strategy" for urban green development, with ongoing projects in Xiong'an demonstrating practical applications of its green design concepts[45]. - The company is exploring mergers and acquisitions to optimize its strategic investment mechanisms and enhance its capital operation efficiency[97]. Research and Development - The company directly owns 80 patents, including 45 invention patents, and has participated in the compilation of over 100 national and local standards[31]. - The company filed for 13 new patents in 2018, including 8 invention patents, enhancing its innovation capacity[42]. - The total R&D investment for 2018 was ¥36,161,301.95, which accounted for 9.11% of the operating revenue, up from 8.88% in 2017[64]. - Research and development expenses increased by 54.68% to ¥13,888,223.01, driven by the company's involvement in national and local research tasks[63]. Governance and Compliance - The company’s governance structure includes a board of directors and supervisory board ensuring accountability and transparency in its operations[4]. - The independent directors provided their consent to the profit distribution proposal, ensuring compliance with relevant regulations[110]. - The company has established a clear framework for profit distribution and shareholder returns following its public offering[114]. - The company has committed to ensuring fair and transparent related party transactions, with a promise from the controlling shareholder to not influence the independence of the company[117]. - The company has made commitments to ensure compliance with regulatory requirements and to improve its compensation system[121]. Market and Operational Insights - The company is facing various risks, including policy, market competition, technology, and operational risks, and is implementing strategies to mitigate these risks[98][99][100][101][102]. - The company is focusing on improving its project management capabilities to meet the increasing demands for quality, cost, and schedule management in engineering projects[101]. - The company is enhancing its human resource management to attract and retain new talent required for its evolving business model[102]. - The company is committed to following the technological frontiers in the construction industry to enhance its innovation capabilities[93]. Shareholder Relations - The total distributable profit available for shareholders as of December 31, 2018, was RMB 128,319,555.46, with a net profit of RMB 34,630,772.68 for the year[112]. - The cash dividend policy was executed in accordance with the company's articles of association and was approved by the board and shareholders[106]. - The company maintained a consistent cash dividend payout ratio over the past three years, with 2016, 2017, and 2018 ratios being 30.23%, 28.05%, and 29.65% respectively[112]. - The company aims to maximize shareholder value through sustainable development and active cash and stock dividends[114]. - The company has established a commitment to avoid future competition with its controlling shareholders and related enterprises[116]. Environmental and Social Responsibility - The company actively participated in urban safety initiatives during Typhoon Mangkhut, forming an emergency response team to address potential secondary disasters[153]. - The management team emphasized a focus on sustainability initiatives, aiming for a 30% reduction in carbon footprint by 2025[186]. - The company has established a partnership with a tech firm to develop smart building solutions, with an initial investment of 20 million RMB[185]. Employee and Management Insights - The total number of employees in the company is 681, with 543 being technical personnel, representing approximately 79.9% of the workforce[189]. - The company emphasizes a performance-based compensation system, linking bonuses to both company performance and individual contributions[191]. - In 2018, the company increased training investments to enhance employee skills and management capabilities, focusing on new business abilities and team building[192].

Financial Performance - Operating revenue for the reporting period was ¥90,469,545.11, representing a year-on-year growth of 23.94%[7] - Net profit attributable to shareholders was ¥60,392.38, with a year-to-date net profit of ¥3,671,711.22, up 12.57% year-on-year[7] - The basic earnings per share for the reporting period was ¥0.0004, reflecting a 12.61% increase compared to the same period last year[7] - The company's operating revenue for the current period is CNY 60,785,837.42, compared to CNY 53,341,362.36 in the previous period, indicating a growth of approximately 14.3%[41] - The net profit for the current period is CNY 188,447.74, a significant recovery from a net loss of CNY 184,906.79 in the previous period[39] - The total profit for the current period is CNY 1,480,303.78, compared to a loss of CNY 461,989.25 in the previous period, showing a turnaround in profitability[39] - The total comprehensive income for the current period is CNY 188,447.74, compared to a loss of CNY 184,906.79 in the previous period, indicating a positive shift[39] - The basic and diluted earnings per share for the current period are both CNY 0.0004, recovering from a loss of CNY 0.0002 in the previous period[39] - The operating profit for the current period was ¥1,323,128.90, a turnaround from a loss of ¥616,725.59 in the previous period[47] Assets and Liabilities - Total assets at the end of the reporting period reached ¥839,977,162.80, an increase of 21.46% compared to the previous year[7] - The company's total assets increased to CNY 839,977,162.80 from CNY 691,584,901.89 at the beginning of the period, indicating strong growth[31] - Total liabilities rose to CNY 425,941,399.79, up from CNY 271,154,306.48, highlighting increased borrowing[31] - The total equity attributable to shareholders decreased to CNY 412,328,701.27 from CNY 418,172,867.42, indicating a slight reduction in shareholder value[31] Cash Flow - The net cash flow from operating activities showed a significant improvement, with a decrease of 95.67% year-to-date, resulting in -¥123,507.11[7] - The company reported a cash flow from operating activities of ¥-123,507.11, a significant improvement from ¥-25,605,193.52 in the previous period[51] - The company's cash inflow from operating activities totaled ¥374,142,499.55, compared to ¥235,589,449.39 in the previous period, reflecting a growth of 58.8%[51] - The net cash flow from operating activities for the third quarter was ¥16,041,569.14, compared to a negative cash flow of ¥19,257,752.80 in the same period last year[56] - Total cash inflow from operating activities was ¥321,380,657.10, significantly higher than ¥181,679,647.21 in the previous year[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,183[11] - The largest shareholder, Shenzhen Yuan Zhi Investment Co., Ltd., holds 42.86% of the shares, totaling 62,857,143 shares[11] - There were no repurchase transactions conducted by the top 10 shareholders during the reporting period[12] Research and Development - R&D expenses increased by 73.98% year-on-year, aligned with the progress of the national "13th Five-Year" key R&D projects[19] - Research and development expenses were CNY 2,981,781.75, compared to CNY 1,713,854.23 in the same period last year, reflecting a significant increase in investment in innovation[36] - The research and development expenses increased to CNY 2,809,368.92 from CNY 1,549,335.42, indicating a focus on innovation and product development[41] - Research and development expenses increased to ¥6,778,961.61, up 113.0% from ¥3,179,311.29 in the previous period, indicating a strong focus on innovation[49] Other Financial Metrics - The weighted average return on equity was 0.01%, down 16.19% from the previous year[7] - The company incurred asset impairment losses of CNY 1,643,396.16, which is a critical area of concern for future profitability[38] - The company received government subsidies amounting to ¥10,738,424.66, primarily for research projects and technology activities[8] - Other income rose by 90.81% year-on-year, mainly from subsidies related to the national R&D projects[19] - The company recorded an investment income of ¥5,121,686.37, with losses from joint ventures amounting to ¥429,962.25[49]

Financial Performance - Total revenue for the reporting period was CNY 153,766,006.91, an increase of 8.08% compared to CNY 142,277,002.58 in the same period last year[18]. - Net profit attributable to shareholders was CNY 3,611,318.84, reflecting a growth of 9.55% from CNY 3,296,590.58 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was CNY -3,093,753.30, a decrease of 230.99% compared to CNY 2,361,798.96 in the previous year[18]. - The net cash flow from operating activities was CNY -63,087,923.14, a decline of 54.07% from CNY -37,075,848.67 in the same period last year[18]. - Total assets at the end of the reporting period were CNY 792,712,461.05, an increase of 14.62% from CNY 691,584,901.89 at the end of the previous year[18]. - The net assets attributable to shareholders decreased by 1.41% to CNY 412,268,308.89 from CNY 418,172,867.42 at the end of the previous year[18]. - The company achieved a revenue of CNY 153.77 million in the first half of 2018, an increase of CNY 1.15 million or 8.08% year-on-year[37]. - The net profit attributable to shareholders was CNY 3.61 million, up CNY 0.31 million or 9.55% compared to the same period last year[37]. Operational Highlights - The company successfully won contracts for projects totaling over CNY 1 billion, marking a new growth point in its main business[26]. - The public service business revenue grew to CNY 37.62 million, an increase of CNY 0.36 million or 10.56% year-on-year[38]. - The architectural consulting business generated CNY 15.09 million, reflecting a growth of CNY 0.13 million or 9.77% compared to the previous year[38]. - The company’s EPC and project management business generated CNY 21.74 million, marking a new growth point for the company[38]. - The company has established strategic partnerships with institutions like the Lawrence Berkeley National Laboratory and Tsinghua University for research and development in green building technologies[9][10]. - The company has established research collaborations with renowned institutions, enhancing its capabilities in green building technology[29]. Cash Flow and Investments - The company’s cash flow issues are highlighted by a significant drop in operating cash flow, indicating potential liquidity challenges[18]. - The company’s cash and cash equivalents increased by 166.26% to -CNY 43,233,964.94, mainly due to net cash outflows from operating and investing activities[41]. - The total amount of raised funds committed to investment projects is CNY 107.397 million, with a cumulative investment of CNY 60.419 million, indicating a significant investment progress[56]. - The company has invested CNY 78 million in bank wealth management products using idle raised funds, with a remaining balance of CNY 38 million[59]. - The total amount of entrusted wealth management is CNY 128 million, with no overdue amounts reported[59]. Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the company's management, with no significant risks affecting operational or financial stability[3][4]. - The board of directors has confirmed that all members attended the meeting to review the report, ensuring governance compliance[4]. - The company has established a governance structure to regulate and reduce related party transactions, ensuring fairness and transparency[78]. - The company has committed to not seeking any benefits beyond those stipulated in related party transaction agreements[78]. Shareholder Policies - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The company plans to distribute at least 20% of the annual distributable profit as cash dividends, with a minimum cash dividend of 40% if there are significant capital expenditures[76]. - The company emphasizes a stable and continuous profit distribution policy to maximize shareholder returns while ensuring sustainable development[76]. - The company will provide online voting options for shareholders during the profit distribution proposal discussions[76]. Risks and Challenges - The company faces significant technical risks due to the need for ongoing investment in research and development, which may not always yield successful outcomes[65]. - The company is exposed to market competition risks as new entrants and cross-industry competitors increase, potentially impacting profitability[65]. - The company has a large accounts receivable balance, primarily due to revenue recognition policies that depend on client confirmations, which may lead to potential bad debt losses[66]. - The company has experienced risks related to business operations due to the complexity and diversity of new project types influenced by market and policy factors[65]. Miscellaneous - The company has not reported any changes in its registered address or contact information during the reporting period[15][17]. - The company has not experienced any major changes in project feasibility or significant issues in the use and disclosure of raised funds[56][58]. - The company has not engaged in any derivative investments or entrusted loans during the reporting period[60]. - The company has established a talent stability mechanism to mitigate risks associated with the loss of core technical and management personnel, which is critical for its new business models[65].

Financial Performance - The company's operating revenue for 2017 was CNY 381,831,957.61, representing a 10.32% increase compared to CNY 346,125,986.64 in 2016[17]. - The net profit attributable to shareholders for 2017 was CNY 33,987,787.76, up 7.76% from CNY 31,539,638.45 in 2016[17]. - The net cash flow from operating activities increased by 12.11% to CNY 97,410,702.88 in 2017, compared to CNY 86,889,826.14 in 2016[17]. - The total assets at the end of 2017 reached CNY 691,584,901.89, a 29.11% increase from CNY 535,667,956.81 at the end of 2016[17]. - The basic earnings per share for 2017 was CNY 0.2713, a decrease of 5.37% from CNY 0.2867 in 2016[17]. - The weighted average return on net assets for 2017 was 11.33%, slightly down from 11.51% in 2016[17]. - The company reported a total of CNY 9,817,233.58 in non-recurring gains and losses for 2017, compared to CNY 8,157,521.94 in 2016[23]. - The total operating revenue for 2017 was CNY 381,831,957.61, representing a year-on-year increase of 10.32% from CNY 346,125,986.64 in 2016[49]. - The total profit reached 40.74 million yuan, up by 5.34 million yuan, or 15.08%, year-on-year[42]. - The net profit attributable to the parent company was 33.99 million yuan, an increase of 2.45 million yuan, or 7.76%, compared to the previous year[42]. Dividend Distribution - The company plans to distribute a cash dividend of 0.65 RMB per 10 shares to all shareholders, based on a total of 146,666,700 shares[4]. - The total number of shares for the dividend distribution is 146,666,700, with a cash dividend payout ratio of 100%[102]. - The company's net profit for 2017 was RMB 22,558,672.52, with available profits for distribution amounting to RMB 113,265,704.52[105]. - The cash dividend for 2016 was also RMB 9,533,335.50, representing 30.23% of the net profit attributable to shareholders[106]. - The cash dividend policy complies with the company's articles of association and has been approved by the board and shareholders[102]. - The independent directors have expressed their agreement with the dividend distribution plan, ensuring compliance with relevant regulations[104]. - The company has maintained a consistent cash dividend distribution over the past three years, with amounts of RMB 9,533,335.50 in both 2016 and 2017[106]. - The cash dividends are aimed at sharing the company's growth results with all shareholders, aligning with the company's performance and growth potential[104]. Business Development and Strategy - The company successfully secured new EPC projects with a total contract value exceeding CNY 500 million in 2017, marking a new growth point for its main business[26]. - The company established a green operation subsidiary in 2017, integrating all projects with operational rights to enhance its service offerings[26]. - The company focuses on providing comprehensive solutions for urban green development, including planning design, consulting, and management services[25]. - The company established a comprehensive service model called DOT (Design-Operate-Transfer) for green buildings and parks, enhancing its service integration and revenue diversification[27]. - The company has accumulated over 100 national-level research projects and participated in the formulation of more than 100 industry standards, demonstrating its strong technical innovation capabilities in the green development sector[31]. - The company is actively pursuing national key R&D projects and enhancing collaboration with universities and enterprises to strengthen innovation capabilities[45]. - The company aims to create new revenue growth points by integrating existing business types and enhancing collaboration in planning, construction management, and green operations[91]. - The company plans to enhance its technological innovation capabilities by integrating information technology with industrialization in the construction sector, focusing on research and standardization[91]. Market Expansion and Competition - The company’s revenue in the South China region grew by 20.66%, reflecting a rapid expansion trend in the Guangdong-Hong Kong-Macao Greater Bay Area[45]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share within the next three years[112]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's service offerings and increase market penetration[110]. - The company emphasizes the need for innovation and efficiency optimization in response to increasing market competition and regulatory changes[90]. Research and Development - The company invested 17.63 million yuan in the "China-US Low Carbon Building and Community Innovation Experimental Center" project, which is still under construction[30]. - The company has developed a database covering over 1,600 parameters related to construction performance, energy consumption, and carbon emissions, providing a competitive advantage in green building research[33]. - Research and development expenses increased by 12%, totaling 150 million RMB, to support innovation initiatives[111]. - The number of R&D personnel was 129, accounting for 20.61% of total staff, down from 22.87% in 2016[63]. Corporate Governance and Compliance - The company has established a sound corporate governance structure to regulate and reduce related party transactions, ensuring fairness and transparency[125]. - The controlling shareholder has issued a commitment letter stating that there are no existing related party transactions with the company as of the date of the letter[125]. - The company will ensure that any related party transactions are conducted under fair and reasonable conditions, adhering to normal commercial practices[126]. - The company has confirmed that the self-raised funds prior to the arrival of raised funds amounted to CNY 4,819.44 million[80]. Risk Management - The company is focused on establishing a comprehensive risk management framework to address various risks, including technological, operational, and market competition risks[96]. - The company will take necessary actions to replace directors or dismiss senior management if they fail to fulfill their obligations[137]. - The company has committed to compensating investors for losses incurred due to false records or misleading statements in the prospectus[141]. Related Party Transactions - The company reported a related party transaction amounting to 41.46 million yuan, representing 0.11% of the same type of transaction amount[154]. - A related party transaction with a market price of 22.64 million yuan accounted for 0.06% of the same type of transaction amount[154]. - The company reported a total of 1,337.53 million yuan in related party transactions for the year 2017[157]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[110]. - The company plans to enhance its brand influence and market presence by improving regional market systems and launching a new brand strategy[93].

Financial Performance - Total operating revenue for Q1 2018 was ¥43,519,507.05, a decrease of 12.96% compared to ¥49,997,370.54 in the same period last year[7] - Net profit attributable to shareholders was -¥26,783,354.59, worsening from -¥7,009,880.91 year-on-year[7] - Basic and diluted earnings per share were both -¥0.1826, compared to -¥0.0637 in the same period last year[7] - The net profit attributable to shareholders was -26.78 million RMB, an increase in loss of 19.77 million RMB compared to -7.01 million RMB in the previous year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -32.13 million RMB, an increase in loss of 24.14 million RMB compared to -7.99 million RMB in the previous year[19] - The net profit for the first quarter was a loss of CNY 27,243,081.34, compared to a loss of CNY 6,822,937.59 in the same period last year[46] - The company reported a total comprehensive loss of CNY -29,892,953.69 for the quarter, compared to a loss of CNY -11,898,887.81 in the same period last year[50] Cash Flow and Assets - Net cash flow from operating activities was -¥49,050,178.32, compared to -¥28,750,309.10 in the previous year[7] - Cash and cash equivalents decreased by 43.33% to 125.54 million RMB due to the use of idle funds for bank wealth management products and payment of year-end settlement amounts and taxes[17] - Cash and cash equivalents at the end of the reporting period amount to 125,535,855.79, down from 221,508,379.49 at the beginning of the period[37] - Total assets at the end of the reporting period were ¥628,360,231.25, down 9.14% from ¥691,584,901.89 at the end of the previous year[7] - Accounts receivable at the end of the reporting period are 179,137,537.10, compared to 193,229,666.93 at the beginning[37] - Total liabilities decreased to CNY 235,012,717.18 from CNY 271,154,306.48[40] - Cash inflow from investment activities totaled CNY 30,107,835.62, while cash outflows totaled CNY 76,401,743.52, resulting in a net cash flow of CNY -46,293,907.90[54] Business Strategy and Market Position - The company is focusing on integrating its business chain to create new revenue growth points, particularly in green development and building technology services[19] - The company aims to enhance its technological innovation capabilities and market service capabilities in the green building sector[19] - The company plans to strengthen the integration of planning, construction management, and green operation services to optimize its business structure[19] - The company is expanding its operations in the Xiong'an market, leading to increased investment in local teams and project development[19] - The company intends to explore merger and acquisition opportunities to achieve leapfrog development, leveraging its brand and capital advantages post-listing[22] - The company is committed to enhancing its brand construction and customer service platforms to improve brand image and market presence[20] Risks and Challenges - The company faces risks related to slow market expansion in new regions, particularly in green building and ecological city projects[9] - Increased competition in the ecological city and green building sector poses a risk to maintaining market share[10] - Seasonal fluctuations in revenue are expected, with Q1 typically showing lower income compared to other quarters due to project management and government budget approvals[10] - The company will strengthen its risk management framework, focusing on safety risks related to innovative businesses and decision-making risks[23] Investment and Project Updates - The company signed an EPC general contracting contract for the International Low-Carbon City Industrial Park housing project with a total contract price of approximately RMB 399.57 million[24] - The low-carbon upgrade and operation project at Shanghai Piano Factory has a total commitment of 6,032 million, with 5,075.38 million invested, achieving an 84.14% progress rate[29] - The online operation platform and music system construction project has a total commitment of 4,698.8 million, with only 568.79 million invested, resulting in a 12.10% progress rate[29] - The low-carbon building research and community-level application service project has achieved 100% completion with an investment of 8.96 million[29] Management and Operational Changes - The company plans to implement a management transformation and process reengineering plan to enhance business capabilities and efficiency, focusing on proactive market expansion and customer value creation[21] - The company is set to accelerate the introduction and training of senior management and innovative technical talents, optimizing its existing career paths and compensation systems[22] - The company plans to establish a three-tiered innovation management system to drive substantial breakthroughs in market and business transformation[20]

Financial Performance - Operating revenue for the current period was CNY 72,993,060.82, representing a 103.90% increase year-on-year[7] - Net profit attributable to shareholders was CNY -34,896.79, with a year-to-date net profit of CNY 3,261,693.79[7] - The net profit for the third quarter was a loss of ¥184,906.79, an improvement from a loss of ¥19,370,971.40 in the previous year[37] - The total profit for the third quarter was CNY 3,981,052.45, compared to a loss of CNY 22,904,374.73 in the previous year[45] - The company reported a basic and diluted earnings per share of -0.0002, compared to -0.1767 in the previous year, indicating a reduction in losses per share[38] - Basic earnings per share for the third quarter were CNY 0.0222, compared to a loss of CNY 0.1995 per share in the same period last year[46] - Total operating revenue for the year-to-date period was ¥215,270,063.40, up from ¥176,997,632.43, reflecting overall growth in revenue[43] Assets and Liabilities - Total assets increased by 20.73% to CNY 646,709,115.49 compared to the end of the previous year[7] - Total current assets increased to CNY 402,496,604.72 from CNY 301,112,567.45, representing a growth of 33.6%[28] - Total liabilities decreased slightly to CNY 259,024,548.22 from CNY 249,106,262.56, a reduction of 3.7%[30] - The total liabilities increased to ¥238,965,284.84 from ¥228,025,939.31, reflecting a growth in financial obligations[37] - Owner's equity increased significantly to CNY 387,684,567.27 from CNY 286,561,694.25, marking a growth of 35.3%[31] - Owner's equity rose to ¥373,139,492.33, up from ¥278,724,797.32, showing a positive trend in shareholder value[37] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -25,605,193.52 year-to-date[7] - Cash inflow from financing activities totaled ¥219,766,159.74, a 33.19% increase due to IPO proceeds[16] - Cash inflow from operating activities was 181,679,647.21 yuan, an increase from 165,249,987.92 yuan in the previous period[54] - Operating cash flow net amount was -19,257,752.80 yuan, an improvement from -30,771,041.17 yuan in the previous period[54] - The net increase in cash and cash equivalents for the period was 80,002,630.45 yuan, compared to 8,121,767.72 yuan in the previous period[55] Investments and Subsidiaries - Long-term equity investments of ¥1,600,000.00 were made in Jingmen Jiuyi Garden Technology Co., Ltd., representing a 16% stake[15] - The company established Hebei Xiong'an Jiuyi Ecological Technology Co., Ltd. in Xiong'an New Area, expanding its market presence[19] - The company won the bid for the "International Low Carbon City Industrial Park Supporting Housing Project EPC General Contracting" and is in contract negotiations[19] Government Subsidies - The company received government subsidies amounting to CNY 2,895,238.17 during the reporting period[8] - Total revenue from other income reached ¥1,735,944.68, reflecting government subsidies related to daily operations[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,833[11] - The largest shareholder, Shenzhen Yuan Zhi Investment Co., Ltd., holds 42.86% of the shares[11] Inventory and Receivables - Other receivables rose by 201.23% to ¥11,514,048.94, primarily from increased deposits and employee loans[15] - Inventory increased by 61.62% to ¥194,947.36, mainly due to purchases for testing business products[15] - Accounts receivable increased to CNY 204,194,855.57 from CNY 179,593,452.13, reflecting a growth of 13.7%[28] Operating Costs - Total operating costs amounted to ¥76,545,105.63, compared to ¥55,422,748.69 in the same period last year, indicating a rise in costs[36] - Operating costs for the third quarter were CNY 106,578,086.95, slightly higher than CNY 105,529,370.28 in the same period last year[48] Other Financial Metrics - The weighted average return on net assets decreased to -0.01% from 8.28% in the previous year[7] - The company incurred an investment loss of CNY 406,456.95, primarily from joint ventures and associates[48] - The report for the third quarter was not audited[56]

Financial Performance - Total revenue for the reporting period was ¥142,277,002.58, representing a 0.76% increase compared to ¥141,198,432.09 in the same period last year[20]. - Net profit attributable to shareholders was ¥3,296,590.58, a significant recovery from a loss of ¥2,508,890.12 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥2,361,798.96, improving from a loss of ¥3,136,078.82 year-on-year[20]. - The net cash flow from operating activities was -¥37,075,848.67, an improvement from -¥44,790,733.24 in the previous year[20]. - Basic earnings per share increased to ¥0.0300 from a loss of ¥0.0228 in the same period last year[20]. - Total assets at the end of the reporting period were ¥564,035,923.28, up 5.30% from ¥535,667,956.81 at the end of the previous year[20]. - Net assets attributable to shareholders increased to ¥288,617,383.74, a 1.16% rise from ¥285,320,793.16 at the end of the previous year[20]. - The company's comprehensive gross margin for the reporting period was 33.37%, showing fluctuations due to changes in business structure and rising labor costs, but still maintaining a high level[83]. - The net profit attributable to the parent company was CNY 3,296,590.58, a decrease from a loss of CNY 2,508,890.12 in the previous period[143]. - The total comprehensive income amounted to CNY 3,443,493.31, a decrease from CNY -2,362,361.80 in the previous period[143]. Business Operations and Strategy - The company is focused on ecological planning and sustainable urban development, balancing human activities with natural ecosystems[10]. - The company has established strategic partnerships with institutions like the Lawrence Berkeley National Laboratory for clean energy cooperation[9]. - The company is actively developing new businesses such as green ecological comprehensive operation services and B2C technology services for green living environments[28]. - The company has established a comprehensive carbon emission monitoring and auditing technology and methodology, participating in multiple research projects related to carbon emission monitoring[30]. - The company integrates BIM technology with green building practices to enhance project efficiency and sustainability[10]. - The company's DOT (Design-Operate-Transfer) business focuses on comprehensive services for green buildings, parks, and communities, leveraging its expertise in green technology to provide integrated design and operational services[31]. - The HOME+ business model targets public customers with B2C green technology services, offering third-party evaluations and recommendations for healthy and environmentally friendly products[32]. - The company has developed the Urban Ecological Livability Development Index (UELDI) to assess urban sustainability across 287 cities[10]. - The company has completed international LEED and Chinese green building certification for multiple projects, including the Kingkey 100 skyscraper[11]. - The company has established several research partnerships with renowned institutions, including Lawrence Berkeley National Laboratory and Tsinghua University, to advance its green building technologies[34]. Research and Development - The company has undertaken 73 research projects in recent years, including 7 international projects and 13 national-level projects, ensuring a strong R&D capability[38]. - The company has accumulated 84 authorized patents, including 29 invention patents, and has participated in over 100 national research projects, establishing itself as a leader in green building technology[34]. - The company has developed a comprehensive database covering urban climate, air quality, and energy consumption, which supports its future R&D and technical services across the country[35]. - The company integrates BIM technology into its green building design processes, having completed over 30 projects using this platform, which enhances design efficiency and quality[37]. Market and Competition - The company faces risks related to a slowdown in fixed asset investment growth, which is closely tied to macroeconomic factors and could adversely affect business development[80]. - There is a significant risk associated with large accounts receivable, primarily due to the timing of customer payments, which could lead to potential bad debt losses[80]. - Increased competition in the ecological city development sector could threaten the company's market share if it fails to adapt to changing market conditions[80]. - The promotion and popularization of green buildings and eco-cities in China is still in its early stages, which may pose risks to market expansion and short-term performance[82]. Corporate Governance and Compliance - The company has not faced any major litigation or arbitration issues during the reporting period, indicating a stable legal environment[92]. - The company has not undergone any bankruptcy restructuring or significant penalties during the reporting period, reflecting sound financial health[93]. - The company did not engage in any related party transactions during the reporting period[96]. - The financial report for the half-year period was not audited, indicating a potential area of concern for investors[130]. - The company has established a long-term incentive mechanism for core team members to enhance talent retention and motivation[81]. Financial Position and Assets - Cash and cash equivalents increased to ¥84,989,598.90, representing 15.07% of total assets, up from 13.93% in the previous year, a change of 1.14%[60]. - Accounts receivable decreased to ¥210,174,948.90, accounting for 37.26% of total assets, down from 39.44%, a reduction of 2.18%[60]. - Inventory rose to ¥227,488.48, now 0.04% of total assets, compared to 0.02% previously, an increase of 0.02%[60]. - Investment properties increased to ¥10,331,335.48, making up 1.83% of total assets, up from 0.62%, a rise of 1.21%[60]. - Short-term borrowings decreased to ¥140,000,000.00, which is 24.82% of total assets, down from 33.76%, a decline of 8.94%[60]. - The company's total assets increased from 535,667,956.81 RMB to 564,035,923.28 RMB, reflecting a growth of approximately 5.3%[133]. - Current assets rose from 301,112,567.45 RMB to 324,543,235.87 RMB, marking an increase of about 7.8%[133]. Environmental and Social Responsibility - The company has facilitated over 55,000 visits from government leaders, industry experts, and citizens to promote green building concepts since 2009[41]. - The company has been recognized with multiple awards, including the "National Green Building Pioneer Award" and "China Enterprise New Record," reflecting its strong brand influence in the green building sector[40]. - The Shenzhen International Low Carbon City project, covering an initial area of 1 square kilometer and an expansion area of 5 square kilometers, has received multiple awards, including the 2014 Sustainable Planning Project Award[43]. - The company did not report any major environmental protection issues during the reporting period[110]. Shareholder Information - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[5]. - The total number of shares before the change was 110,000,000, remaining the same after the change, indicating no new shares were issued[114]. - The state-owned legal person holds 77,000,000 shares, representing 70% of the total shares, while other domestic investors hold 33,000,000 shares, accounting for 30%[114].