证券代码：300730 证券简称：科创信息 公告编号：2019-042 湖南科创信息技术股份有限公司 关于参加 2019 年湖南辖区上市公司投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，湖南科创信息技术股份有限公司（以下 简称"公司"）将参加由中国证券监督管理委员会湖南监管局、湖南省上市公司 协会和深圳市全景网络有限公司联合举办的"2019 年湖南辖区上市公司投资者 网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台采取网络远程的方式举行。投资者可以登录"全景·路演天下" （http://rs.p5w.net）或关注微信公众号（全景财经）参与公司本次投资者网上集 体接待日活动，活动时间为 2019 年 9 月 10 日（星期二）下午 15:00 至 17:00。 届时公司财务总监兼董事会秘书金卓钧女士、证券事务代表张雨虹女士将通 过网络在线形式与投资者进行沟通与交流。 欢迎广大投资者积极参与。 特此公告。 湖南科创信息技术股 ...

Revenue and Profitability - Total revenue for the reporting period was ¥85,566,403.16, an increase of 21.16% compared to ¥70,624,845.42 in the same period last year[30]. - Net profit attributable to shareholders was -¥9,639,718.24, improving by 11.08% from -¥10,841,094.57 year-on-year[30]. - The company achieved operating revenue of 85.57 million RMB, a year-on-year increase of 21.16%[57]. - Operating profit was -9.32 million RMB, with a year-on-year growth of 10.17%[57]. - The total profit amounted to -9.35 million RMB, reflecting a year-on-year increase of 10.80%[57]. - The company reported a significant increase in other income, which rose by 210.22% to 3.67 million RMB due to increased government subsidies[61]. - The gross profit margin decreased to 31.84%, down by 1.38% compared to the same period last year[63]. - Revenue from the smart government segment was RMB 62,704,413.21, with a year-on-year growth of 18.49%[63]. - The smart enterprise segment generated RMB 22,218,164.95 in revenue, reflecting a significant increase of 30.40% year-on-year[63]. Financial Position - Total assets decreased by 4.68% to ¥586,984,630.39 from ¥615,798,563.49 at the end of the previous year[30]. - The company’s cash and cash equivalents decreased by 41.51% compared to the beginning of the year, primarily due to payments for goods and employee compensation[46]. - The company’s net assets attributable to shareholders decreased by 4.72% to ¥385,582,842.07 from ¥404,703,052.19 at the end of the previous year[30]. - The company’s total liabilities decreased to CNY 192,604,714.92 from CNY 202,207,853.92, a decline of approximately 4.0%[149]. - The company’s equity attributable to shareholders decreased to CNY 385,582,842.07 from CNY 404,703,052.19, reflecting a decrease of about 4.7%[149]. - The company’s total assets at the end of the reporting period are 634,580,122.97 RMB, compared to 537,550,000.00 RMB in the previous period, indicating a growth of approximately 18%[182]. - The company’s total liabilities are 250,318,924.97 RMB, which reflects an increase from 158,446,462.45 RMB in the previous period, indicating a rise of approximately 58%[182]. Cash Flow - The net cash flow from operating activities was -¥89,399,763.42, a decrease of 10.98% compared to -¥100,422,912.39 in the previous year[30]. - The cash flow from operating activities showed a net outflow of CNY 89,399,763.42 in the first half of 2019, an improvement from a net outflow of CNY 100,422,912.39 in the same period of 2018[166]. - The total cash inflow from operating activities was CNY 137,329,898.65 in the first half of 2019, compared to CNY 114,561,930.27 in the same period of 2018, reflecting an increase of 19.8%[164]. - The cash flow from investment activities showed a net inflow of 4,292,339.07 CNY, a significant recovery from a net outflow of -12,892,992.54 CNY in the previous period[170]. Research and Development - The company invested no less than 7% of its sales revenue in R&D annually over the past five years, indicating a strong commitment to innovation[47]. - Research and development investment reached 14.31 million RMB, an increase of 7.47% compared to the previous year[60]. - The company has a well-structured and high-quality talent team, which is crucial for its R&D capabilities and competitive advantage[50]. - Research and development expenses increased to CNY 14,313,944.69 in the first half of 2019, compared to CNY 13,319,276.58 in the first half of 2018, reflecting a growth of 7.5%[157]. Market and Competition - The company reported a significant revenue concentration risk, with most of its income generated from the Hunan region, indicating a need for market expansion beyond local boundaries[14]. - The company is actively expanding its market share in the digital governance sector, particularly through projects related to "Internet + Government Services"[57]. - The company faces intensified market competition, particularly in the smart city and smart manufacturing sectors, which may impact future operational development[84]. - The company acknowledges risks associated with the implementation of fundraising investment projects, which may affect future operational performance[85]. Talent and Human Resources - The company emphasizes the importance of retaining core talent amidst increasing competition for high-end professionals in the industry[12]. - The company acknowledges the risk of losing core technical personnel if it cannot offer competitive compensation and career development opportunities[12]. - The company has a unique "platform + application + customized service" model that enhances its competitive edge through resource synergy[6]. Investment and Financing - The total amount of raised funds was RMB 162,652,900.00, with RMB 58,941,775.57 already utilized for investment projects[74]. - The company has committed a total of 16,265.29 million CNY for investment projects, with 5,894.18 million CNY utilized by the end of the reporting period, representing a progress rate of 36.24%[75]. - The proprietary cloud platform technology upgrade project has an investment commitment of 3,994.44 million CNY, with 1,847.96 million CNY invested, achieving 46.26% of the planned progress[75]. Shareholder and Governance - The company has a stable shareholding structure with five co-controlling shareholders, but internal conflicts could impact management decisions[91]. - The total number of ordinary shareholders at the end of the reporting period is 23,026[129]. - The largest shareholder, Fei Yaoping, holds 8.80% of the shares, totaling 13,909,204 shares[129]. - The company has not experienced any changes in its controlling shareholder during the reporting period[131]. Compliance and Legal Matters - The financial report was approved by the board of directors on August 22, 2019, ensuring compliance with relevant accounting standards[186]. - The company has not experienced any major litigation or arbitration matters during the reporting period[100]. - The company did not engage in any major guarantees during the reporting period[114].

Financial Performance - Total revenue for Q1 2019 was ¥23,170,632, representing a 16.79% increase compared to ¥19,838,764 in the same period last year[8]. - Net profit attributable to shareholders was a loss of ¥10,464,769, a 4.90% increase in loss from ¥9,975,883 in the previous year[8]. - The company's net profit attributable to shareholders was -10.46 million yuan, a year-on-year decrease of 4.90%[18]. - The company reported a net loss of CNY 10,609,767.20 for Q1 2019, compared to a net loss of CNY 10,092,134.43 in Q1 2018[48]. - The total comprehensive loss for the first quarter was CNY 10,528,223.74, compared to a loss of CNY 10,443,127.09 in the same period last year[51]. - The total profit for the first quarter was a loss of CNY 10,257,804.57, compared to a loss of CNY 10,156,658.40 in the previous year[51]. Cash Flow and Liquidity - Net cash flow from operating activities improved to -¥68,851,521, a 12.72% reduction in loss compared to -¥78,888,878 in the same period last year[8]. - The net cash flow from operating activities for Q1 2019 was -¥64,968,983.34, compared to -¥74,274,098.63 in the same period last year, showing an improvement of approximately 12%[62]. - Total cash inflow from operating activities was ¥58,493,426.85, an increase from ¥50,045,118.82 year-over-year[62]. - Cash outflow from financing activities was ¥10,268,944.44, down from ¥65,966,022.20 in the same period last year, reflecting a decrease of approximately 84%[63]. - The ending balance of cash and cash equivalents was ¥114,255,687.22, down from ¥155,550,861.48 year-over-year[63]. Assets and Liabilities - Total assets decreased by 4.58% to ¥587,609,807.10 from ¥615,798,563.49 at the end of the previous year[8]. - Current assets decreased from CNY 460.84 million on December 31, 2018, to CNY 434.41 million by March 31, 2019[40]. - Total liabilities decreased to CNY 184,547,321.27 from CNY 202,207,853.92, a decline of 8.7%[42]. - The total equity attributable to shareholders decreased to CNY 394,238,282.44 from CNY 404,703,052.19, a decrease of 2.4%[42]. Inventory and Procurement - Inventory increased by 64.13% to ¥136,953,515.69, primarily due to projects not reaching final acceptance confirmation[15]. - The total procurement amount from the top five suppliers increased to 25.54 million yuan, accounting for 48.21% of total procurement, up from 37.54% in the previous year[20]. - The company paid ¥59,650,181.78 for purchasing goods and services, an increase from ¥55,830,513.99 in the previous year[62]. Research and Development - The company increased R&D expenses due to higher investment in research and development during the reporting period[19]. - Research and development expenses increased to CNY 7,435,603.87 from CNY 6,873,650.97, reflecting a growth of 8.2%[48]. - Research and development expenses for the first quarter amounted to CNY 7,209,053.32, an increase from CNY 6,688,032.32 in the previous year[53]. Market and Competition - The company faces intensified market competition as various capital enters the smart city and smart manufacturing sectors[22]. - Revenue recognition is subject to seasonal fluctuations, with a significant portion of projects concentrated in Q4 due to government procurement practices[24]. - The company is expanding its machine vision applications into new sectors, although market capacity remains uncertain[26]. - The company has plans for market expansion and new product development to enhance future growth prospects[48]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,893[11]. - The top shareholder, Fei Yaoping, holds 8.80% of the shares, totaling 13,909,204 shares[11]. Fundraising and Utilization - Total amount of raised funds in the first quarter of 2019 was CNY 162.65 million, with CNY 7.09 million invested during the quarter[31]. - The company utilized CNY 60 million of raised funds to temporarily supplement working capital[33]. - As of March 31, 2019, the company had unutilized raised funds amounting to CNY 54.14 million, stored in a current deposit account[33]. Operational Efficiency - Operating cash inflow increased by 37.29% to ¥61,533,291.96, attributed to higher sales receipts[17]. - Management expenses rose by 30.83% to ¥8,418,989.66, mainly due to increased labor costs[16]. - The total operating costs for Q1 2019 were CNY 33,780,399.20, up 12.7% from CNY 29,930,899.02 in Q1 2018[48]. - The company reported a decrease in operating costs to CNY 12,493,771.95 from CNY 13,474,419.12 in the previous period[53]. Audit and Compliance - The company has not undergone an audit for the Q1 2019 report[64].

Financial Performance - The company's operating revenue for 2018 was ¥332,604,355.71, an increase of 8.19% compared to ¥307,423,525.28 in 2017[25]. - The net profit attributable to shareholders decreased by 21.09% to ¥35,111,525.15 from ¥44,494,787.97 in the previous year[25]. - The net cash flow from operating activities was negative at -¥19,459,067.37, a decline of 360.77% compared to ¥7,462,076.69 in 2017[25]. - Basic and diluted earnings per share fell by 40.54% to ¥0.220 from ¥0.370 in 2017[25]. - The total assets at the end of 2018 were ¥615,798,563.49, a 1.54% increase from ¥606,433,571.66 in 2017[25]. - The net assets attributable to shareholders increased by 6.81% to ¥404,703,052.19 from ¥378,886,126.94 in the previous year[25]. - The company reported a total of ¥1,921,288.49 in non-recurring gains and losses for 2018, down from ¥5,084,003.14 in 2017[31]. - The company achieved operating revenue of 332.60 million yuan, a year-on-year increase of 8.19%[53]. - Operating profit was 39.43 million yuan, a year-on-year decrease of 18.85%[53]. - Cash and cash equivalents decreased by 35.23% compared to the beginning of the year, mainly due to increased payments for goods and repayment of short-term loans[41]. - Accounts receivable increased by 43.13% compared to the beginning of the year, primarily due to increased sales revenue[41]. Research and Development - The company invested over 7% of its sales revenue in R&D annually over the past five years, upgrading its software R&D center to an enterprise-level research institute[42]. - The company has secured over 331 software copyrights and 102 software product registration certificates as of December 31, 2018[42]. - Research and development expenses for 2018 amounted to ¥24,252,042.35, which is a 10.01% increase compared to the previous year[74]. - The number of R&D personnel increased to 212, making up 21.44% of the total workforce[76]. - The company launched a domestic first deep processing glass online quality detection system, filling a technological gap in the industry[56]. - The company upgraded its basic software R&D center to an enterprise-level research institute, establishing five research institutes focused on AI, smart vision, big data, platform software, and smart governance[57]. Market Strategy and Expansion - The company is actively expanding its technology research and application in deep processing fields such as mobile phone and tablet screens, but this expansion carries certain risks due to resource investment requirements[10]. - The company has expanded its market presence in the "Internet + Government Services" and "Grid + Social Governance" sectors, successfully promoting projects in nearly 30 districts and counties[54]. - The company is focusing on the integration of big data technology into various sectors, including manufacturing, finance, and healthcare, as part of a broader trend towards economic development and improved governance[96]. - The company aims to enhance its core platform strategy for smart cities, leveraging technologies such as cloud computing and big data to create efficient and green urban applications[102]. - The company plans to deepen the application of big data in the public sector, particularly in areas like public security, taxation, and healthcare, to enhance its competitive edge in the industry[103]. - The company intends to leverage its experience in enterprise big data regulation to enhance market supervision and create a better business environment through intelligent support[105]. - The company plans to promote smart city solutions, aiming for successful projects in 2-3 prefecture-level cities and 3-5 county-level cities[110]. Competition and Risks - The company is facing intensified competition in the information technology sector, with a shift from pure technology and service competition to comprehensive competition involving capital and resource integration[6]. - The company acknowledges risks related to the implementation of fundraising projects, which could impact future operational performance if not executed as planned[9]. - The company is facing risks related to government agency adjustments, which have delayed procurement and payment for information technology projects[120]. - The company faces risks from intensified market competition, seasonal revenue fluctuations, and potential project implementation challenges[114][115][116]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 0.60 RMB per 10 shares (including tax) to all shareholders, based on a total of 158,008,198 shares[13]. - The total distributable profit for 2018 is reported at 142,004,846.73 yuan, with the cash dividend representing 100% of the profit distribution[124]. - The company has consistently increased its cash dividends over the past three years, with 2018's cash dividend amounting to 27.00% of the consolidated net profit[130]. - The company has committed to not transferring or entrusting the management of its shares for 24 months from the date of listing, ensuring stability in shareholding[132]. - Shareholders are restricted from transferring more than 25% of their shares during their tenure and for six months post-departure, promoting long-term commitment[132]. Corporate Governance - The company emphasizes adherence to legal and regulatory frameworks in all share transactions, reflecting a commitment to corporate governance[133]. - The management team includes various stakeholders who have committed to share lock-up agreements, enhancing investor confidence[132]. - The company has committed to not engage in any related party transactions that could harm its interests or those of minority shareholders[135]. - The company will take measures to stabilize its stock price if it falls below the audited net asset value per share for 20 consecutive trading days[134]. Future Outlook - The company has provided a positive outlook for the next quarter, projecting a revenue increase of 10% to 1.32 billion yuan[200]. - New product launches are expected to contribute an additional 200 million yuan in revenue over the next fiscal year[200]. - The company is investing in new technology development, allocating 100 million yuan towards R&D initiatives[200]. - Market expansion efforts are underway, targeting an increase in market share by 5% in the next year[200]. - The company is considering strategic acquisitions to enhance its product offerings and market presence[200].

Financial Performance - Operating revenue for the reporting period was CNY 95,411,294.14, representing a year-on-year increase of 36.84%[9] - Net profit attributable to shareholders was CNY 14,679,693.13, an increase of 8.91% compared to the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 14,602,926.92, up 8.33% year-on-year[9] - Basic earnings per share were CNY 0.0929, down 51.96% compared to the same period last year[9] - The weighted average return on equity was 3.99%, a decrease of 4.01% compared to the previous year[9] - The total operating revenue for the third quarter was CNY 95,411,294.14, an increase from CNY 69,725,192.86 in the previous period[35] - The net profit for the period was CNY 14,513,829.21, up from CNY 13,479,002.01 year-over-year[37] - The company's operating revenue for the current period reached ¥93,009,483.78, representing an increase of 39.0% compared to ¥66,893,386.91 in the previous period[40] - Operating profit for the current period was ¥14,475,738.33, up from ¥12,185,987.13, reflecting a growth of 18.8%[41] - Net profit for the current period was ¥15,042,505.70, compared to ¥12,728,476.50 in the previous period, indicating an increase of 18.2%[41] - The total comprehensive income for the current period was ¥15,042,505.70, compared to ¥12,728,476.50, showing an increase of 18.2%[42] Assets and Liabilities - Total assets at the end of the reporting period were CNY 526,239,660.96, a decrease of 13.22% compared to the previous year-end[9] - The company's total assets decreased to CNY 512,281,969.68 from CNY 603,720,461.18 at the beginning of the period[33] - The total liabilities decreased to CNY 135,950,216.27 from CNY 224,616,923.63 at the beginning of the period[33] - Cash and cash equivalents decreased by 60.22% from CNY 316,170,312.69 to CNY 125,764,686.38 due to repayment of short-term bank loans and payment of goods[17] - Cash and cash equivalents at the end of Q3 2018 totaled CNY 122,073,107.26, compared to CNY 24,603,299.38 at the end of Q3 2017, showing a significant increase[54] - The total cash and cash equivalents at the end of the period were 116,393,363.10, down from 300,838,923.31 at the beginning of the period[58] Cash Flow - The company reported a net cash flow from operating activities of CNY -93,938,620.85 for the year-to-date, a decrease of 5.78%[9] - Cash received from sales increased by 62.42% from CNY 96,796,852.57 to CNY 157,212,651.95, driven by higher sales collections[20] - Cash paid for purchasing goods increased by 43.66% from CNY 86,641,260.54 to CNY 124,472,452.81, reflecting higher payment for goods[20] - Cash paid for fixed assets acquisition surged by 8338.76% from CNY 313,266.99 to CNY 26,435,850.11, due to increased fixed asset purchases and the Yongxing project[20] - The cash flow from operating activities showed a net outflow of CNY 93,938,620.85 in Q3 2018, slightly improved from a net outflow of CNY 99,698,528.84 in Q3 2017[53] - The net cash flow from financing activities was -65,765,167.17, a decrease compared to 10,360,519.96 in the previous period[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,716[13] - The top shareholder, Fei Yaoping, holds 8.80% of the shares, totaling 13,909,204 shares[13] - The company did not engage in any repurchase transactions during the reporting period[14] Inventory and Receivables - Accounts receivable increased by 30.26% from CNY 106,812,607.61 to CNY 139,137,113.86, primarily due to increased revenue[17] - Inventory rose by 59.99% from CNY 67,578,474.64 to CNY 108,116,644.53, mainly due to an increase in work-in-progress[17] - Long-term receivables surged by 226.12% from CNY 7,860,000.00 to CNY 25,632,724.00, attributed to the advancement of the Yongxing project[17] - Other receivables increased by 78.27% from CNY 12,193,218.50 to CNY 21,736,845.09, mainly due to increased guarantee deposits[17] - Accounts receivable increased to CNY 145,640,078.23 from CNY 108,368,558.74, indicating a growth in sales[32] - Inventory levels rose to CNY 103,754,450.79 from CNY 65,725,202.39, suggesting increased stock[32] Research and Development - Research and development expenses were CNY 4,453,725.33, compared to CNY 4,003,568.01 in the previous period, indicating a focus on innovation[35] - Research and development expenses increased to ¥4,265,398.41 from ¥3,837,250.28, marking a rise of 11.2%[40] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[41]

Financial Performance - Total revenue for the first half of 2018 was CNY 70,624,845.42, representing a 19.93% increase compared to CNY 58,888,531.65 in the same period last year[19]. - Net profit attributable to shareholders was a loss of CNY 10,841,094.57, which is an 8.27% increase in loss compared to a loss of CNY 10,013,027.33 in the previous year[19]. - The net cash flow from operating activities was a negative CNY 100,422,912.39, a decline of 25.24% from a negative CNY 80,183,362.80 in the same period last year[19]. - Basic and diluted earnings per share were both CNY -0.07, improving by 50.00% from CNY -0.14 in the previous year[19]. - The operating profit was -10.39 million yuan, with a year-on-year increase of 2.39%[45]. - The net profit attributable to shareholders was -10.84 million yuan, a year-on-year decrease of 8.27%[45]. - The company reported a total profit (loss) of -¥10,482,598.11, compared to -¥10,012,635.13 in the previous period[144]. - The comprehensive income for the current period shows a total loss of 11,217,918.95 yuan, which includes a loss of 10,841,094 yuan attributed to other comprehensive income[160][161]. Assets and Liabilities - Total assets decreased by 17.03% to CNY 503,157,768.00 from CNY 606,433,571.66 at the end of the previous year[19]. - The company's total liabilities were ¥128,330,039.34, a decrease from ¥224,616,923.63 in the previous period, reflecting a reduction in financial obligations[142]. - The total equity of the company was ¥361,289,247.71, slightly down from ¥379,103,537.55 in the previous period[142]. - The company's equity attributable to shareholders decreased from CNY 378,886,126.94 to CNY 358,750,432.47, a decline of about 5.3%[136]. - The total equity at the end of the reporting period is 379,103,537.55 yuan, with a decrease of 65,062,199.00 yuan during the period[168]. Cash Flow - The company's cash flow from operating activities was -100.42 million yuan, a decrease of 25.24% year-on-year[50]. - Total cash inflow from operating activities was 114,561,930.27 yuan, while cash outflow was 214,984,842.66 yuan, resulting in a significant cash outflow[150]. - The ending balance of cash and cash equivalents was 129,679,898.25 yuan, down from 308,209,155.39 yuan at the beginning of the period[152]. - The company experienced a net decrease in cash and cash equivalents of -178,529,257.14 yuan during the reporting period[152]. Business Operations - The company's main business focuses on providing integrated information solutions for government and enterprise clients, emphasizing software development, system integration, and IT operations[26]. - The company operates primarily in the software and information technology services industry, which has shown stable growth and increasing revenue in recent years[30]. - The company has established a strong competitive advantage in the smart government and enterprise sectors through its extensive R&D capabilities and implementation experience[33]. - The company has developed a comprehensive information solution system covering various issues in the smart government and enterprise sectors, enhancing its service capabilities[38]. - In the smart government sector, the company secured contracts for "Internet + Government Services" projects, contributing to a significant growth in new contract amounts[45]. Investments and Funding - The total amount of raised funds is CNY 162.65 million, with CNY 12.94 million invested in committed projects during the reporting period[60]. - The company utilized CNY 60 million of idle raised funds to temporarily supplement working capital as of June 30, 2018[61]. - The cumulative interest income from raised funds is CNY 565,109.29, while bank fees incurred amount to CNY 915.43[61]. - Research and development investment increased to 13.32 million yuan, a rise of 5.35% compared to the previous year[49]. Market and Competition - The company faces potential risks as detailed in the report, which investors should be aware of[5]. - The company faces intensified market competition due to increased capital and resource integration in the information technology sector, particularly in smart city and smart manufacturing initiatives[72]. - There is a risk of core talent loss as competition for high-end professionals intensifies; the company emphasizes talent retention through performance incentives and a supportive corporate culture[75]. Shareholder Information - The total number of shares increased from 92,945,999 to 158,008,198 due to a profit distribution plan approved at the 2017 annual general meeting[108][109]. - Major shareholders include Fei Yaoping with 13,909,204 shares, Li Jie with 13,706,986 shares, and Li Jianhua with 12,324,177 shares, all of which are pre-IPO restricted shares[112]. - The company has a diverse shareholder base, with numerous individuals holding between 1,000,000 to 13,000,000 shares[112]. - The total number of common shareholders at the end of the reporting period was 25,025[116]. Corporate Governance - The financial report was approved by the board of directors on August 26, 2018[183]. - The company maintains a continuous operating capability without significant doubts regarding its ability to continue operations[186]. - The company has included three subsidiaries in its consolidated financial statements[184]. Compliance and Standards - The company adheres to the latest accounting standards issued by the Ministry of Finance, ensuring that financial statements accurately reflect the financial position, operating results, and cash flows[188]. - The company uses Renminbi as its functional currency for accounting purposes[191].

Financial Performance - Total revenue for Q1 2018 was ¥19,838,764.59, a decrease of 1.07% compared to ¥20,054,232.36 in the same period last year[8] - Net profit attributable to shareholders was -¥9,975,883.89, representing a decline of 35.63% from -¥7,355,346.97 year-on-year[8] - Net cash flow from operating activities was -¥78,888,878.09, a decrease of 34.54% compared to -¥58,635,118.27 in the previous year[8] - In Q1 2018, the company achieved operating revenue of 19.84 million RMB, a decrease of 1.07% year-on-year[22] - The net profit attributable to shareholders was -9.98 million RMB, down 35.63% compared to the same period last year[21] - The company reported a total operating cost of 13,474,419.12 yuan, up from 12,636,356.26 yuan in the previous period, representing an increase of approximately 6.65%[46] - The total comprehensive income for the period was -10,443,127.09 yuan, compared to -7,607,322.45 yuan in the previous period, indicating a decline[45] Cash Flow and Liquidity - Cash and cash equivalents decreased from 316.17 million to 174.16 million, a decline of approximately 45%[35] - The company's monetary funds decreased by 44.91% to 174.16 million RMB, mainly due to repayment of short-term bank loans and procurement payments[20] - Cash and cash equivalents at the end of the period totaled 163,303,271.10 yuan, compared to 48,495,286.95 yuan at the end of the previous period, indicating a significant increase[52] - The company experienced a cash outflow from financing activities of -65,966,022.20 yuan, compared to -6,891,568.90 yuan in the previous period, indicating a substantial increase in cash outflow[52] - Total cash outflow from operating activities was $124,319,217.45, compared to $87,404,997.35 in the prior period, indicating a 42.2% increase[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥508,201,828.21, down 16.20% from ¥606,433,571.66 at the end of the previous year[8] - Current assets decreased to CNY 400,969,806.10 from CNY 500,647,247.07, a decline of 20%[39] - Total liabilities decreased to CNY 131,060,644.47 from CNY 218,850,811.78, a reduction of 40%[40] - Total equity attributable to shareholders was CNY 368,911,794.01, down from CNY 378,886,126.94, a decrease of 2.57%[38] Market and Competition - The company faces significant seasonal revenue fluctuations due to its reliance on government and institutional clients, which typically have budget management and centralized procurement[10] - Increased competition in the smart city and smart manufacturing sectors poses a risk, as many new entrants are competing for market share[11] - The company is expanding its branch offices and personnel to increase market share, which presents management challenges[12] Operational Developments - The company signed new contracts in smart governance and smart enterprise sectors, indicating a qualitative leap in project contracts[22] - The company plans to continue promoting new smart city solutions and smart manufacturing solutions, focusing on user satisfaction and quality[23] - The company has developed multiple patents and core technologies in the machine vision field, but market capacity limitations pose risks for future growth[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,999, with the top ten shareholders holding significant stakes[15] - The top five customers contributed 14.04 million RMB, representing 70.77% of total sales, an increase from 56.42% in the previous year[25] Miscellaneous - The company reported no violations regarding external guarantees during the reporting period[30] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[31] - The company has not disclosed any issues regarding the use of raised funds[29] - The first quarter report was not audited[56]

Financial Performance - The company's operating revenue for 2017 was CNY 307,423,525.28, representing a 13.26% increase compared to CNY 271,433,199.11 in 2016[27]. - The net profit attributable to shareholders for 2017 was CNY 44,494,787.97, an increase of 18.68% from CNY 37,490,815.73 in 2016[27]. - The net cash flow from operating activities significantly increased to CNY 7,462,076.69, a 684.11% rise from CNY 951,656.86 in 2016[27]. - The total assets at the end of 2017 reached CNY 606,433,571.66, marking a 69.12% increase from CNY 358,587,870.25 at the end of 2016[27]. - The net assets attributable to shareholders grew by 113.68% to CNY 378,886,126.94 from CNY 177,314,918.89 in 2016[27]. - The basic earnings per share for 2017 was CNY 0.620, up 14.81% from CNY 0.540 in 2016[27]. - The company reported a significant increase in quarterly revenue, with Q4 2017 revenue reaching CNY 178,809,800.77, compared to CNY 20,054,232.36 in Q1 2017[29]. - The company achieved a total revenue of 307.42 million yuan in 2017, representing a year-on-year growth of 13.26%[55]. - The net profit attributable to shareholders was 44.49 million yuan, an increase of 18.68% compared to the previous year[55]. Revenue Segmentation - Revenue from the "Smart Government" segment was 244.98 million yuan, accounting for 79.69% of total revenue, with a growth of 12.87%[61]. - The "Smart Enterprise" segment generated 61.19 million yuan, which is 19.90% of total revenue, reflecting a growth of 14.27%[61]. Market and Competition - The company faces risks from intensified market competition, particularly in the smart city and smart manufacturing sectors, which could impact future operations[6]. - The company acknowledges the risk of core talent loss due to increasing competition for high-end professionals in the industry[13]. - The company reported a significant reliance on government and institutional clients, which affects its revenue recognition timing and introduces seasonal revenue volatility[8]. - The company has developed multiple patents and core technologies in the machine vision field, but market uncertainty exists due to overcapacity in the domestic glass industry[12]. Research and Development - The company increased its research and development efforts, resulting in 71 new software copyrights in 2017[57]. - The company holds 288 software copyrights and has added 71 new software copyrights during the reporting period, showcasing its commitment to innovation and development[46]. - The company is focusing on enhancing AI technology research and development, with an emphasis on natural language processing integration into existing smart governance applications[103]. Investment and Capital Structure - The company plans to distribute a cash dividend of 1 RMB per 10 shares and a capital reserve increase of 7 shares for every 10 shares held, based on 92,945,999 shares[15]. - The total amount raised from the public offering in 2017 was 194.29 million CNY, with a net amount of 162.65 million CNY after deducting issuance costs[89]. - The company plans to increase its total share capital by converting capital reserves, proposing a bonus issue of 7 shares for every 10 shares held in 2017[118]. - The cash dividend payout ratio for 2017 was 20.89% of the net profit attributable to ordinary shareholders, which was approximately 44.49 million yuan[119]. Operational Challenges - The implementation of fundraising projects is crucial for future performance, with potential risks from external factors affecting project progress[9]. - The company is increasing its branch offices and personnel to enhance market share, which poses management challenges in resource integration and internal control[10]. - The company has not experienced any significant changes in project feasibility or reasons for not meeting planned progress or expected returns[91]. Corporate Governance - The company has established a comprehensive governance structure, ensuring compliance with relevant laws and regulations, and enhancing operational transparency[193]. - The board of directors and supervisory board operate independently, ensuring no interference from the controlling shareholder in decision-making[195]. - The company has a dedicated investor relations management system, facilitating communication with investors through various channels[199]. Employee and Management Structure - The total number of employees in the company is 887, with 777 in the parent company and 110 in major subsidiaries[187]. - The professional composition includes 595 production personnel, 65 sales personnel, 190 technical personnel, 17 financial personnel, and 20 administrative personnel[187]. - The company has a performance-based remuneration structure that includes a basic annual salary, performance annual salary, and target responsibility assessment incentives[186]. Future Outlook - The company aims to become a provider of smart city solutions, focusing on urban big data center construction and applications in urban services and social governance[99]. - The company plans to enhance its big data platform capabilities to promote deep applications across various industries, including public security, taxation, and healthcare[100]. - The company is transitioning to become a provider of intelligent manufacturing solutions, leveraging its experience in smart enterprise business[102].