Financial Performance - Operating revenue for the period was ¥98,726,233.95, down 11.33% from the same period last year[7] - Net profit attributable to shareholders decreased by 58.90% to ¥8,449,439.26[7] - Basic earnings per share fell by 63.33% to ¥0.11[7] - The weighted average return on equity was 2.25%, down 6.94% compared to the previous year[7] - Total operating revenue for Q3 2017 was CNY 98,726,233.95, a decrease of 11.5% compared to CNY 111,343,949.12 in the same period last year[36] - Net profit for Q3 2017 was CNY 8,449,439.26, a decline of 59.0% from CNY 20,558,875.46 in Q3 2016[37] - Earnings per share (EPS) for the period was CNY 0.11, compared to CNY 0.30 in the previous year, indicating a significant drop in profitability[38] - The total profit for the current period was ¥47,241,682.54, down 16.1% from ¥56,250,670.59 in the previous period[46] Assets and Liabilities - Total assets increased to ¥785,341,514, representing a 70.23% increase compared to the previous year[7] - Net assets attributable to shareholders rose to ¥577,956,459.40, a 129.39% increase year-over-year[7] - The company's cash and cash equivalents increased by 332.19% to RMB 405,224,807.94 as of September 30, 2017, primarily due to new share issuance[18] - Accounts receivable decreased by 69.11% to RMB 7,970,425.85, attributed to the transfer of bank acceptance bills to suppliers[18] - The company's capital reserve rose by 370.77% to RMB 350,477,806.70, mainly due to new share issuance and share-based payment impacts[18] - Short-term borrowings increased by 41.66% to RMB 48,163,750.00, reflecting an increase in bank loans during the reporting period[18] - The company reported a total liability of CNY 207,381,404.35, slightly down from CNY 209,374,185.78 in the previous quarter[37] Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash flow of ¥21,610,746.36, down 434.99% year-to-date[7] - The net cash flow from operating activities for the current period is ¥21,610,746.36, compared to a negative cash flow of ¥6,451,109.07 in the previous period, indicating a significant improvement[55] - Total cash inflow from financing activities reached ¥354,687,009.44, a substantial increase from ¥24,000,000.00 in the previous period[57] - The net cash flow from investment activities was negative at -¥5,476,811.10, contrasting with a positive cash flow of ¥4,826,983.16 in the previous period[55] - Cash inflow from sales of goods and services was ¥256,117,110.68, an increase from ¥242,055,142.70 in the previous period[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 18,956[12] - The largest shareholder, Fang Xing, holds 19.03% of the shares, with 5,000,000 shares pledged[12] Other Financial Metrics - The company reported non-recurring gains of ¥3,671,215.14 for the period[9] - The company’s other income was RMB 10,594,919.28, attributed to the implementation of new government subsidy accounting standards[18] - The company incurred asset impairment losses of CNY 4,339,121.51, significantly higher than CNY 1,458,369.35 in the previous year, reflecting potential issues in asset valuation[37] - Other income for the period was CNY 5,123,166.95, which was not reported in the previous year, suggesting new revenue streams[37] Corporate Developments - The company established a subsidiary and signed related cooperation agreements, approved by the board on September 19, 2017[20] - The company received RMB 295,917,109.44 from new share issuance during the reporting period[19]