Financial Performance - Operating revenue for the current period was CNY 234,003,934.58, representing a 32.67% increase year-on-year[7] - Net profit attributable to shareholders for the current period was CNY 69,925,718.24, up 32.21% year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 68,349,722.09, an increase of 30.06% year-on-year[7] - The total operating revenue for the third quarter was CNY 234,003,934.58, an increase of 32.7% compared to CNY 176,384,749.95 in the same period last year[33] - The net profit for the period reached CNY 69,925,718.24, representing a 32.2% increase from CNY 52,891,777.22 in the previous year[35] - The company's total operating revenue for the current period reached ¥635,716,947.19, an increase from ¥532,480,882.41 in the previous period, representing a growth of approximately 19.4%[42] - Operating profit for the current period was ¥199,071,837.55, compared to ¥145,122,980.84 in the previous period, indicating a growth of about 37.1%[43] - The net profit for the current period was ¥175,195,313.65, up from ¥120,918,884.74 in the previous period, reflecting an increase of approximately 45.0%[44] - The company's operating revenue for the current period was ¥527,543,112.46, an increase of 20.7% compared to ¥437,057,819.22 in the previous period[46] - Net profit for the current period reached ¥165,899,106.93, representing a 47.0% increase from ¥112,922,385.41 in the same period last year[47] Assets and Liabilities - Total assets increased by 7.85% to CNY 2,574,362,405.01 compared to the end of the previous year[7] - The company's total assets at the end of the period were CNY 2,428,854,769.03, compared to CNY 2,252,704,002.20 at the beginning of the year, reflecting a growth of 7.8%[32] - The total liabilities increased to CNY 801,294,525.59, up from CNY 756,497,700.14, indicating a rise of 5.9%[32] - Cash and cash equivalents decreased by 45.52% due to increased outflow from bank wealth management products and operational funds[15] - Cash and cash equivalents decreased significantly to CNY 372,685,730.45 from CNY 820,771,758.46, a decline of 54.6%[30] - The total cash and cash equivalents at the end of the period were ¥404,108,474.47, a decrease from ¥104,377,123.45 in the previous period[51] Shareholder Information - Net assets attributable to shareholders increased by 8.84% to CNY 1,671,333,573.99 compared to the end of the previous year[7] - The total number of ordinary shareholders at the end of the reporting period was 16,130[11] - The largest shareholder, Henan Jiaoyuan Investment Holding Co., Ltd., held 34.55% of the shares[11] Expenses and Costs - Operating costs rose by 38.97% in line with revenue growth[15] - Sales expenses increased by 42.39% due to the company's active expansion into provincial and overseas markets[15] - Research and development expenses increased to CNY 12,088,581.54, compared to CNY 6,124,481.18 in the previous year, showing a rise of 97.5%[33] - Research and development expenses increased to ¥31,102,523.09 from ¥17,246,135.06, marking a significant rise of approximately 80.5%[42] - The company's total operating costs for the current period were ¥470,601,425.94, compared to ¥386,629,633.16 in the previous period, which is an increase of about 21.7%[42] Cash Flow - The company’s net cash flow from operating activities decreased by 71.66% due to increased upfront expenditures associated with business expansion[15] - The company reported a net cash outflow from operating activities of ¥97,944,156.27, compared to a net outflow of ¥57,056,360.63 in the previous period[48] - Cash flow from investment activities showed a net outflow of ¥339,282,741.37, worsening from a net outflow of ¥49,384,114.24 year-over-year[50] - Net cash flow from financing activities was ¥39,119,838.65, after cash outflows of ¥110,880,161.35[54] Acquisitions and Investments - The company plans to acquire 87.20% of Zhongyun International Engineering Co., Ltd. for a total transaction amount of approximately 560.37 million yuan[16] - The acquisition will be financed through a combination of issuing shares (286.76 million yuan) and cash payments (273.61 million yuan)[16] - The investment income for the current period was ¥5,021,380.22, compared to a loss of ¥1,125,983.63 in the previous period, indicating a turnaround in performance[43] - The company recorded an increase in asset disposal income of ¥28,536,837.07, with no corresponding figure in the previous period[47] Earnings Per Share - The basic earnings per share for the current period was CNY 0.53, a decrease of 1.85% compared to the same period last year[7] - Basic earnings per share for the current period were ¥1.12, down from ¥1.24 in the previous period, showing a decrease of about 9.7%[44] - Basic and diluted earnings per share were both ¥1.05, down from ¥1.16 in the previous period[47] Other Financial Metrics - Non-recurring gains and losses totaled CNY 30,183,701.89, primarily from non-current asset disposal gains and government subsidies[8] - The weighted average return on equity was 4.17%, down 3.22% from the previous year[7] - The company reported a financial income of CNY 2,361,012.40, significantly higher than CNY 272,140.93 from the previous year[35] - The financial expenses for the current period were ¥1,132,419.93, a decrease from ¥4,313,561.18 in the previous period, indicating a reduction of about 73.8%[42] - The company recorded an asset impairment loss of ¥38,760,409.76, which increased from ¥23,854,919.80 in the previous period, representing a rise of approximately 62.4%[42] Regulatory and Reporting - The company has submitted the restructuring application to the China Securities Regulatory Commission and received an acceptance notice[17] - The report for the third quarter was not audited[55]

Financial Performance - Total revenue for the reporting period was ¥401,713,012.61, an increase of 12.81% compared to ¥356,096,132.46 in the same period last year[19]. - Net profit attributable to shareholders was ¥105,269,595.41, representing a 54.75% increase from ¥68,027,107.52 year-over-year[19]. - Basic earnings per share rose to ¥0.81, up 32.79% from ¥0.61 in the previous year[19]. - The company's gross profit margin for the surveying and design segment was 48.57%, with a slight decrease of 1.31% compared to the previous year[48]. - The company reported a significant increase in cash outflows related to investment activities, rising from 38,182,935.99 CNY to 1,085,052,625.65 CNY[150]. - The total comprehensive income for the current period was ¥101,633,030.16, compared to ¥62,608,490.02 in the previous period[143]. Cash Flow and Assets - The net cash flow from operating activities was -¥86,814,284.34, a significant decline of 955.96% compared to ¥10,142,286.79 in the same period last year[19]. - Cash and cash equivalents decreased by 64.93% compared to the beginning of the period, primarily due to the company's investment in bank wealth management products[32]. - Total assets at the end of the reporting period were ¥2,302,678,196.13, a decrease of 3.53% from ¥2,387,051,458.58 at the end of the previous year[19]. - The company's cash and cash equivalents decreased significantly from CNY 866,846,374.00 to CNY 304,013,924.08, representing a decline of about 65%[128]. - The company recorded a net cash outflow from operating activities of ¥86,814,284.34, compared to a net inflow of ¥10,142,286.79 in the previous period[147]. Market Position and Competition - The company faces intense market competition from large central enterprises, local state-owned enterprises, private companies, and multinational corporations[5]. - The company aims to consolidate its market position in Henan Province while expanding into provincial and overseas markets[5]. - The company acknowledges potential risks in expanding into provincial and overseas markets due to legal and cultural differences[5]. - The company is positioned relatively advantageously in the transportation infrastructure construction sector compared to its peers[5]. - The company is actively pursuing mergers and acquisitions in related industries to enhance its scale and resource integration capabilities[46]. Investment and Development - The company has increased its investment in technology innovation, with significant progress in BIM technology application and the construction of a highway maintenance big data platform[39]. - The company is actively developing a highway maintenance big data platform, with a formal unveiling planned for the second half of the year[31]. - The company plans to leverage its geographical advantages to participate in the construction of transportation and municipal projects in Zhengzhou, a national central city[43]. - The company plans to focus on expanding its investment activities and improving cash flow management in the upcoming periods[150]. Governance and Structure - The company has established a governance structure including a board of directors and various committees to oversee operations[166]. - The company has a significant focus on research and development in engineering technology through its dedicated research institute[167]. - The company has established six regional operating centers to strengthen market expansion outside of Henan province[78]. Financial Management - The company does not plan to distribute cash dividends, issue bonus shares, or increase capital using reserves[6]. - The company has not reported any significant changes in its registration status during the reporting period[18]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[70][71]. - The company has not reported any major equity sales during the period[73]. - The company has not experienced any major litigation or arbitration matters during the reporting period[87]. Future Outlook - The company's future performance is contingent on the macroeconomic environment and government investment policies[4]. - The company maintains a positive outlook on the infrastructure industry due to favorable national macro policies announced in late July and early August 2018[41]. - The company expects significant business growth in the coming years due to increased investment in transportation infrastructure in Henan Province[43]. - The company plans to expand its business along the "Belt and Road" initiative to increase the proportion of overseas business in its overall operations[75].

Financial Performance - Total operating revenue for Q1 2018 was CNY 190,146,595.92, an increase of 18.87% compared to CNY 159,958,117.95 in the same period last year[8] - Net profit attributable to shareholders was CNY 44,954,897.53, representing a growth of 32.15% from CNY 34,018,878.38 year-on-year[8] - Basic earnings per share decreased by 1.59% to CNY 0.62 from CNY 0.63 in the same period last year[8] - The company's net profit increased by 32.15% year-on-year during the reporting period[22] - Operating revenue for the current period was CNY 154,918,140.56, compared to CNY 125,427,100.29 in the same period last year, indicating a year-over-year increase of about 23.5%[49] - The operating profit amounted to CNY 52,884,270.19, up from CNY 35,670,399.10, representing a growth of approximately 48.2%[49] - The net profit for the current period was CNY 44,376,184.97, compared to CNY 30,076,060.17 in the previous period, showing an increase of around 47.6%[50] Cash Flow and Liquidity - Net cash flow from operating activities was negative CNY 89,778,260.78, worsening by 98.70% compared to negative CNY 45,183,485.88 in the previous year[8] - Cash and cash equivalents decreased by 68.96% due to high cash demands for daily operations and investment in financial products[20] - The net cash flow from operating activities rose by 98.70% due to increased payments for daily operational funding[20] - The total cash inflow from operating activities was 134,364,615.35 CNY, while cash outflow totaled 224,142,876.13 CNY, leading to a significant cash flow deficit[53] - The net cash flow from investment activities was -429,955,419.86 CNY, compared to -23,743,978.30 CNY in the previous period, indicating a significant increase in cash outflow[58] - The net increase in cash and cash equivalents was -591,281,977.32 CNY, compared to -97,088,271.48 CNY in the previous period, showing a substantial decline in liquidity[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,253,103,231.32, down 5.61% from CNY 2,387,051,458.58 at the end of the previous year[8] - The company's total assets decreased to CNY 2,144,312,680.35 from CNY 2,252,704,002.20, a decline of 4.8%[42] - The total liabilities decreased to CNY 603,730,193.32 from CNY 756,497,700.14, a reduction of 20.2%[42] - The equity attributable to shareholders increased to CNY 1,540,582,487.03 from CNY 1,496,206,302.06, an increase of 2.9%[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,329[13] - The largest shareholder, Henan Jiaoyuan Investment Holding Co., Ltd., holds 34.55% of the shares, totaling 24,878,793 shares[13] - A cash dividend of 5.00 yuan per 10 shares will be distributed, totaling 36,000,000 yuan, based on the total share capital at the end of 2017[23] - The company intends to increase its share capital by 8 shares for every 10 shares held, pending approval from the shareholders' meeting[23] Investment and Projects - The project to enhance production capacity has a total investment of 16,763 million yuan, with 49.36% progress achieved by the end of the reporting period[27] - The project to enhance management capability has a total investment of 4,901 million yuan, with 9.00% progress achieved[27] - The project to enhance research and development capability has a total investment of 4 million yuan, with only 0.57% progress achieved[27] - Cumulative investment of raised funds reached 40,697 million yuan, with no changes in the use of raised funds reported[26] Market and Competition - The company faces market competition risks from large central enterprises, local state-owned enterprises, private enterprises, and multinational companies[11] - The company successfully expanded its market presence both domestically and internationally, achieving stable revenue growth[22] - The company plans to establish a branch in Bangladesh to expand into the South Asian market, with local government approval already obtained[23] Other Financial Metrics - The company reported a tax expense of CNY 8,556,741.77, compared to CNY 5,594,125.43 in the previous period, reflecting an increase of approximately 53.5%[49] - The company recorded other income of CNY 50,000.00 during the current period, which was not present in the previous period[49] - The company has not encountered any overdue commitments from shareholders or related parties during the reporting period[24] - The company has not reported any significant new product developments or market expansions in this quarter[46]

Financial Performance - The company's operating revenue for 2017 was CNY 935,196,421.91, representing a 58.12% increase compared to CNY 591,456,760.19 in 2016[16]. - Net profit attributable to shareholders for 2017 was CNY 230,260,090.39, a 77.51% increase from CNY 129,718,625.47 in 2016[16]. - Basic earnings per share for 2017 were CNY 4.26, up 77.50% from CNY 2.400 in 2016[16]. - Total assets at the end of 2017 reached CNY 2,387,051,458.58, an increase of 89.91% from CNY 1,256,933,596.51 at the end of 2016[16]. - The weighted average return on equity for 2017 was 31.26%, an increase of 8.74% from 22.52% in 2016[16]. - The company reported a total of CNY 402,715,539.50 in revenue for Q4 2017, which was the highest quarterly revenue for the year[18]. - The net profit attributable to shareholders in Q4 2017 was CNY 109,341,205.65, significantly higher than previous quarters[19]. - The company's total operating revenue for 2017 reached ¥935,196,421.91, representing a 58.12% increase compared to ¥591,456,760.19 in 2016[62]. - Revenue from surveying and design services accounted for 79.03% of total revenue, amounting to ¥739,058,000.32, which is an 83.13% increase from ¥403,571,953.86 in the previous year[63]. - The company achieved a significant increase in overseas revenue, which rose by 675.97% to ¥36,694,741.07, compared to ¥4,728,909.47 in 2016[63]. Dividend Distribution - The company plans to distribute cash dividends of 5.00 RMB per 10 shares (including tax) to all shareholders, based on a total of 72 million shares, and will also increase capital by 8 shares for every 10 shares held[6]. - The company plans to distribute cash dividends of RMB 36,000,000, which is 100% of the total profit distribution for the year 2017[104]. - The cash dividend per 10 shares is set at RMB 5.00, and shareholders will also receive 8 additional shares for every 10 shares held[107]. - The company's cash dividends for 2017 represent 15.63% of the net profit attributable to ordinary shareholders, which was RMB 230,260,090.39[110]. - In 2016, the cash dividend was RMB 18,900,000, accounting for 14.57% of the net profit attributable to ordinary shareholders[110]. - The company has established a profit distribution policy that ensures cash dividends are at least 10% of the distributable profits if there are no major investment plans[102]. - The company is in a growth phase and has significant capital expenditure plans, which require a minimum cash dividend distribution of 20%[106]. Market Expansion and Strategy - The company is focusing on expanding its market presence both domestically and internationally, although challenges such as regional protectionism and differing legal systems abroad may hinder this expansion[6]. - The company's strategic focus includes consolidating its market position in Henan Province while seeking opportunities in other provinces and overseas markets[6]. - The company is strategically expanding its overseas business, with projects in countries like Cambodia, Bangladesh, and Tanzania, indicating a maturing business model in international markets[32]. - The company has significantly expanded its new business areas, particularly in municipal, rail transit, and civil construction, which has effectively enhanced its visibility and influence in these sectors[30]. - The company has made significant progress in expanding its market presence in municipal, rail transit, and civil construction sectors, successfully securing several large-scale projects[49]. Risk Management - The company faces significant policy risks as its business heavily relies on national infrastructure investment, particularly in the transportation sector, which may be affected by macroeconomic conditions and government funding[3]. - The competitive landscape in the transportation engineering consulting industry is intense, with major competitors including large state-owned enterprises and multinational companies, which may impact the company's market position[4]. - The company has established a comprehensive quality control system to mitigate quality responsibility risks, but any failures could negatively affect its market reputation[5]. - The company has implemented a mechanism to track the financial status of its clients to minimize the risk of bad debts, although significant receivables that cannot be collected could adversely affect its financial performance[5]. - The company emphasizes the importance of maintaining a strong financial position to support its growth strategies and mitigate risks associated with market fluctuations[5]. Research and Development - The company is enhancing its capabilities in new technologies such as Building Information Modeling (BIM) and Virtual Reality (VR) to improve project management and execution[9]. - The company's research and development efforts have been bolstered, with a 96.06% increase in construction in progress, primarily due to the investment in the second phase of the research center[37]. - The establishment of the Engineering BIM Technology Application Research Center was completed in 2017, enhancing the company's technical research and development capabilities[53]. - The company obtained 28 intellectual property approvals in 2017, including 2 invention patents and 15 utility model patents[54]. - The company completed 3 batches of 15 research projects in 2017, with 11 projects passing evaluation and 4 projects receiving promotion[41]. Corporate Governance - The company has a total of 3 supervisors, with 2 being shareholder representatives and 1 being a staff representative[188]. - The company’s board of directors consists of individuals with extensive experience in finance and engineering, enhancing governance[190]. - The company has established a salary management system for senior management based on labor contracts and company policies[192]. - The independent directors and supervisors have specific terms of service, ensuring accountability and governance[190]. - The company has maintained a stable leadership structure with no changes in key management personnel[184]. Shareholder Commitments - The controlling shareholder of the company committed not to transfer or entrust the management of shares held prior to the IPO for 36 months from the date of listing[111]. - The company will strictly adhere to the regulations set by the China Securities Regulatory Commission regarding shareholder commitments and share reduction[112]. - The company will ensure that any gains from violations of commitments will be returned to the company and will bear legal consequences for any losses incurred by investors[112]. - The company committed to not transferring or entrusting the management of its shares for twelve months following the IPO, ensuring compliance with regulatory requirements[113]. - The company will comply with regulations regarding share reduction as stipulated by the China Securities Regulatory Commission and Shenzhen Stock Exchange[116]. Employee and Training - The total number of employees in the company is 1,274, with 753 in the parent company and 521 in major subsidiaries[195]. - The professional composition includes 1,026 production personnel, 31 sales personnel, 76 technical personnel, 33 financial personnel, and 108 administrative personnel[196]. - The company conducted over 110 external training sessions and 210 internal training sessions in 2017, with over 80 new employee training sessions[198]. - The company plans to continue developing training programs based on business needs and growth in 2018[198]. - The company has established a compensation policy that links employee remuneration to company performance and aims for internal fairness and external competitiveness[197].