Financial Performance - The company's operating revenue for Q1 2021 was ¥526,288,155.59, representing a 67.07% increase compared to ¥315,005,213.38 in the same period last year[7] - Net profit attributable to shareholders was ¥20,846,877.14, up 10.13% from ¥18,929,447.74 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥16,158,677.41, reflecting a 26.22% increase from ¥12,802,143.05 in the previous year[7] - Basic earnings per share increased by 12.50% to ¥0.09 from ¥0.08 year-on-year[7] - The company achieved operating revenue of CNY 526.29 million, a 67.07% increase compared to the same period last year, primarily due to the expansion of business scale[18] - Net profit attributable to shareholders was CNY 20.85 million, representing a 10.13% increase compared to the previous year[18] - The company achieved a revenue of 526 million yuan in Q1 2021, representing a growth of 67.07% compared to the same period last year[21] - The net profit attributable to shareholders was 20.85 million yuan, an increase of 10.13% year-over-year[21] - The total comprehensive income for the period was ¥23,070,954.98, compared to ¥20,496,866.58 in the previous year, reflecting overall growth[54] - The net profit for the first quarter of 2021 was CNY 9,706,264.95, an increase from CNY 9,142,796.69 in the same period last year, representing a growth of approximately 6.2%[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,959,078,186.65, down 5.17% from ¥2,065,845,316.55 at the end of the previous year[7] - Total assets decreased by 100% in held-for-sale assets, as the company completed the transfer of properties previously classified as held for sale[16] - Other current assets increased by 45.75% to CNY 112.39 million, mainly due to an increase in deductible input tax[16] - The total liabilities decreased to RMB 651,733,551.18 from RMB 781,571,636.06, indicating a reduction of about 16.6%[45] - The total assets decreased to RMB 1,959,078,186.65 from RMB 2,065,845,316.55, a decline of approximately 5.1%[46] - The company's equity attributable to shareholders increased to RMB 1,251,609,885.11 from RMB 1,230,763,007.97, showing an increase of about 1.7%[46] Cash Flow - The net cash flow from operating activities improved to -¥13,909,402.69, a 47.11% reduction in loss compared to -¥26,297,470.26 in the same period last year[7] - The net cash flow from operating activities improved by 47.11%, amounting to a negative CNY 13.91 million, due to increased cash receipts from operations[16] - The cash inflow from investment activities was CNY 183,250,145.72, down from CNY 520,210,846.52 in the previous year, indicating a decrease of about 64.8%[61] - The cash outflow from investment activities was CNY 198,163,125.61, compared to CNY 107,579,576.00 in the previous year, representing an increase of approximately 83.9%[61] - The company reported a net decrease in cash and cash equivalents of -20,414,363.82 CNY for the quarter, compared to a decrease of -2,647,621.02 CNY in the previous year[65] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,358[11] - Zhejiang Chengjian Group Co., Ltd. held 59.80% of the shares, amounting to 135,000,000 shares, with 68,000,000 shares pledged[11] Business Operations - The EPC business revenue reached CNY 323.17 million, reflecting a significant growth of 98.93% year-on-year, driven by the increased scale of EPC operations[18] - The company is expanding its EPC (Engineering, Procurement, and Construction) business, which involves comprehensive project management and poses certain risks related to cost control and project quality[28] - The company has established branches in multiple cities including Shanghai, Beijing, and Chengdu to reduce reliance on the Zhejiang market and mitigate regional economic risks[25] - The company reported a significant increase in accounts receivable, which poses a risk if clients delay payments or face financial difficulties[26] - The company is facing risks from market competition as the architectural design industry becomes increasingly concentrated with fewer dominant players[24] Risk Management and Strategy - The company has a proactive approach to risk management, including selecting quality clients and maintaining regular account reconciliations[27] - The company plans to enhance its core competitiveness by adopting modern design technologies and improving management practices[24] - The company is committed to innovation and improving its management capabilities to address potential growth risks in the future[29] - The company aims to enhance management and internal control systems to mitigate potential goodwill impairment risks from acquisitions[30] Fund Management - The total amount of raised funds is CNY 23,788.43 million, with CNY 17,546.43 million already invested, representing 73.8% of the total[33] - The company has changed the use of CNY 10,546.43 million of the raised funds to pay for part of the cash consideration for the acquisition of Hangzhou Urban-Rural Construction Design Institute[34] - The company plans to manage idle raised funds for cash management, with a total not exceeding RMB 90 million[35] Other Information - The company reported no violations regarding external guarantees during the reporting period[36] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[37] - The company did not engage in any research, communication, or interview activities during the reporting period[38] - The company has not encountered any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[31] - The company will continue to optimize its management system and strengthen governance to improve operational efficiency[30] - The company did not undergo an audit for the first quarter report[67]

Financial Performance - Operating revenue increased by 95.59% to CNY 514,912,424.10 for the current period[7] - Net profit attributable to shareholders increased by 34.72% to CNY 17,446,904.94 for the current period[7] - Net cash flow from operating activities surged by 618.96% to CNY 62,428,738.04[7] - Basic earnings per share rose by 33.33% to CNY 0.08[7] - The company reported a net profit of CNY 58,767,412.07 for the year-to-date, an increase of 24.76%[7] - Total operating revenue for the year-to-date reached RMB 1,356,190,883.13, representing a 94.32% increase compared to the same period last year, primarily due to the consolidation of Hangzhou Design Co. and growth in EPC business[19] - The company reported a significant increase of 137.93% in prepaid accounts, totaling RMB 64,084,603.42, mainly due to increased advance payments for EPC projects[19] - The profit before tax increased significantly, with income tax expenses rising by 78.10% to RMB 8,971,262.61, driven by increased profits[19] - The company reported a total profit of CNY 22,927,034.45 for Q3 2020, compared to CNY 14,189,175.63 in the same quarter last year, reflecting a growth of 61.5%[44] - Net profit for Q3 2020 was CNY 18,988,450.70, up from CNY 12,834,923.06, indicating a growth of 48.1% year-over-year[44] Asset and Liability Changes - Total assets decreased by 20.18% to CNY 1,934,879,576.69 compared to the end of the previous year[7] - The company's total assets decreased by 42.80% in trading financial assets, down to RMB 144,990,108.22, mainly due to the maturity of financial products[19] - The total liabilities decreased from CNY 908,769,122.54 to CNY 395,943,033.38, a reduction of 56.5%[43] - The company's long-term borrowings decreased by 86.78% to RMB 65,000,000.00, primarily due to the repayment of bank loans[19] - Total liabilities were ¥666,408,263.76, down from ¥1,179,444,784.34, indicating a decrease of about 43.4%[36] - The total equity attributable to shareholders increased to ¥1,219,420,397.46 from ¥1,195,018,239.21, reflecting a growth of about 2.0%[37] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,177[11] - Zhejiang Chengjian Group Co., Ltd. holds 59.80% of the shares, with 135,000,000 shares pledged[11] - The company committed to distributing at least 20% of the annual distributable profit in cash dividends during the first three years post-IPO[22] - The controlling shareholders promised not to reduce their holdings by more than 25% of their total shares within two years after the lock-up period, provided the stock price remains above the issue price[22] - The company has established a policy to prioritize cash dividends over stock dividends to protect shareholder interests[22] Research and Development - Research and development expenses rose by 55.15% to RMB 43,198,839.40, reflecting increased investment in R&D activities[19] - The company is investing in R&D, with a budget increase of 15% for new technology development[21] - Research and development expenses rose to CNY 15,624,870.56 from CNY 10,214,925.82, an increase of 53.2%[43] Market and Growth Strategy - User data showed a total of 1.5 million active users, representing a 25% increase compared to the previous quarter[21] - The company provided a positive outlook for Q4 2020, projecting a revenue growth of 20% to 25%[21] - New product launches are expected to contribute an additional 10% to revenue in the upcoming quarter[21] - Market expansion plans include entering two new regions by the end of 2020, targeting a 5% market share in each[21] - The company is considering strategic acquisitions to enhance its service offerings, with a budget of $50 million allocated for potential deals[21] Compliance and Governance - The company has committed to maintaining transparency and accountability in its operations, ensuring that any breaches of commitments will be publicly explained and compensated[24] - The company has established a long-term commitment to comply with regulations regarding related party transactions and fund usage[23] - The company has outlined its strategy to enhance corporate governance and protect minority shareholders' interests[23] - The company has committed to linking executive compensation to the execution of its recovery measures, promoting accountability among management[24] Cash Flow and Financial Management - Cash inflows from operating activities amounted to CNY 1,459,209,466.57, significantly higher than CNY 775,484,255.38 in the previous period, representing an increase of approximately 88%[59] - The net cash flow from operating activities was CNY 67,139,164.64, up from CNY 19,978,558.54 in the previous period, showing a substantial improvement[61] - Cash outflows from financing activities were CNY 608,115,896.15, compared to CNY 23,283,167.72 in the previous period, indicating a substantial increase in financing activities[62] - The ending balance of cash and cash equivalents was CNY 165,291,548.56, compared to CNY 155,360,551.22 in the previous period, showing a slight increase[62]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2020, representing a 20% year-over-year growth[12]. - The company's operating revenue for the reporting period was ¥841,278,459.03, representing a 93.56% increase compared to ¥434,640,142.67 in the same period last year[18]. - The net profit attributable to shareholders was ¥41,320,507.13, up 20.99% from ¥34,152,903.33 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was ¥29,675,409.20, reflecting a 29.82% increase from ¥22,858,009.27 in the previous year[18]. - The company reported a net profit of 2,172.48 million yuan for the first half of 2020, with a revenue of 20,148.29 million yuan[100]. - The company reported a net profit for the first half of 2020 was CNY 37,978,965.12, an increase of 11.8% compared to CNY 34,181,115.60 in the same period of 2019[185]. - The net cash flow from operating activities decreased by 58.30% to ¥4,710,426.60, down from ¥11,295,313.04 in the same period last year[18]. - The total comprehensive income for the period was CNY 37,978,965.12, consistent with the net profit figure[186]. Market Expansion and Strategy - User data indicates that the company has expanded its client base by 15%, reaching a total of 1,200 active clients[12]. - The company has provided a positive outlook for the second half of 2020, projecting a revenue growth of 25% compared to the first half[12]. - The company is actively pursuing market expansion strategies, targeting new regions in Southeast Asia, with an estimated market potential of 300 million RMB[12]. - The company aims to expand its strategic layout nationwide through mergers and acquisitions, optimizing operational processes, and enhancing brand influence[31]. - The company plans to expand its prefabricated building design business, leveraging favorable government policies[62]. - The company is actively pursuing market expansion, targeting a 30% increase in its market share in the next 12 months, particularly in the Southeast Asian region[117]. Product Development and Innovation - New product development efforts have led to the launch of three innovative design solutions, which are expected to contribute an additional 10% to revenue in the upcoming quarters[12]. - The company is investing 100 million RMB in research and development for innovative design technologies over the next two years[116]. - The company has invested 50 million RMB in research and development for new technologies aimed at improving design efficiency and sustainability[12]. - The company has implemented new technology in its design processes, which is projected to improve operational efficiency by 10% and reduce costs by approximately 50 million RMB annually[117]. - R&D investment increased by 56.42% to CNY 27.57 million, with 26 projects initiated during the reporting period[64]. Acquisitions and Partnerships - The company has completed a strategic acquisition of a local design firm, which is anticipated to enhance its service offerings and increase market share by 5%[12]. - The acquisition of Hangzhou Design Co., Ltd. has led to improved business synergy and expanded the company's service offerings[26]. - The acquisition of Hangzhou Design Co., which contributed CNY 20.15 million in revenue and CNY 2.17 million in net profit, significantly boosted the company's performance[59]. - The company completed the acquisition of 85.71% of Hangzhou Urban-Rural Construction Design Institute in 2019, with uncertainties regarding the integration and performance commitments of the acquired company[108]. Financial Position and Assets - The total assets at the end of the reporting period were ¥2,096,983,672.03, a decrease of 13.50% from ¥2,424,170,104.79 at the end of the previous year[18]. - The net assets attributable to shareholders increased by 0.58% to ¥1,201,973,492.53, compared to ¥1,195,018,239.21 at the end of the previous year[18]. - The company's total liabilities decreased to CNY 847,500,809.79 from CNY 1,179,444,784.34, indicating a reduction in financial obligations[173]. - The company's total equity attributable to shareholders increased slightly to CNY 1,201,973,492.53 from CNY 1,195,018,239.21, reflecting a growth of approximately 0.6%[174]. Risks and Challenges - The company has identified potential risks, including market competition and receivables management, which could impact future performance[4]. - The company faces risks from fluctuations in the downstream industry, particularly due to its reliance on the real estate market, which could lead to a decline in performance if investment scales decrease[101]. - The company acknowledges the competitive risks in the architectural design market, which is becoming increasingly concentrated among a few large firms[102]. - The company faces internal risks such as talent loss, insufficient product innovation, and declining competitive position, alongside external risks from macroeconomic factors like real estate investment decline and economic slowdown[107]. Shareholder and Governance Matters - The company will not distribute cash dividends or issue bonus shares for the half-year period[114]. - The company commits to distributing cash dividends of no less than 20% of the distributable profits each year for the next three years following its IPO[118]. - The controlling shareholders have provided a commitment to avoid any business competition with the company and its subsidiaries since April 18, 2015[118]. - The company has not engaged in any significant related party transactions during the reporting period[127]. Operational Efficiency - The company has adopted a chain operation model to improve efficiency in expanding its business across different regions, enhancing its market share[50]. - The company’s flexible operational mechanism has allowed it to attract top talent and respond quickly to market demands, enhancing its competitive edge[52]. - The company aims to reduce operational costs by 8% through efficiency improvements in the next fiscal year[116]. Compliance and Legal Matters - The company has not undergone an audit for the semi-annual financial report[122]. - There were no major litigation or arbitration matters during the reporting period[124]. - The company did not experience any penalties or rectification situations during the reporting period[125].

汉嘉设计集团股份有限公司 2020 年第一季度报告全文 证券代码：300746 证券简称：汉嘉设计 公告编号：2020-028 2020 年第一季度报告 2020 年 04 月 1 汉嘉设计集团股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人岑政平、主管会计工作负责人李亚玲及会计机构负责人(会计主 管人员)张永明声明：保证季度报告中财务报表的真实、准确、完整。 2 汉嘉设计集团股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业总收入（元） | 315,005,213.38 | 190,610,232.53 | 65.26% | | 归属于上市公司 ...

Financial Performance - The company's operating revenue for 2019 was CNY 1,180,958,301.36, representing a 25.02% increase compared to CNY 944,605,917.24 in 2018[18]. - The net profit attributable to shareholders for 2019 was CNY 92,206,402.71, up 21.88% from CNY 75,654,061.05 in 2018[18]. - The net cash flow from operating activities increased by 19.36% to CNY 110,728,816.87 in 2019, compared to CNY 92,770,077.82 in 2018[18]. - The total assets of the company reached CNY 2,424,170,104.79 by the end of 2019, a significant increase of 106.17% from CNY 1,175,789,796.45 at the end of 2018[18]. - The company reported a basic earnings per share of CNY 0.43 for 2019, reflecting a 7.50% increase from CNY 0.40 in 2018[18]. - The company experienced a decline in net profit after deducting non-recurring gains and losses, which was CNY 42,468,421.88 in 2019, down 28.32% from CNY 59,244,673.26 in 2018[18]. - The company’s weighted average return on equity decreased to 8.52% in 2019 from 9.76% in 2018, indicating a decline of 1.24%[18]. - The company’s non-recurring gains and losses totaled CNY 49,737,980.83 in 2019, compared to CNY 16,409,387.79 in 2018[24]. - The company achieved a net profit attributable to shareholders of RMB 92,206,402.71 for the fiscal year 2019, with the parent company reporting a net profit of RMB 100,835,178.73[135]. - The cash dividend for 2019 represents 36.72% of the net profit attributable to shareholders, compared to 20.02% in 2018[138]. Business Expansion and Strategy - The company has a focus on expanding its EPC (Engineering Procurement Construction) business, which involves comprehensive project management[10]. - The company plans to continue expanding its market presence and enhancing its design capabilities in various sectors, including urban planning and environmental engineering[28]. - The company is actively involved in the development of new technologies and products to enhance its service offerings[10]. - The company plans to expand its business by establishing new branches in Guangzhou, Shenyang, and Wuhan, although the number of branches has been reduced due to strategic adjustments[101]. - The company aims to enhance operational efficiency through the integration of systems and optimization of data management in its projects[101]. - The company aims to capture more design business opportunities by actively expanding its operational strategies in 2020[114]. - The company plans to optimize its talent structure and strengthen its talent team, focusing on attracting high-level design teams and talents[116]. - The company plans to increase R&D investment and strengthen its technical team to maintain industry-leading technology levels[112]. Risk Management - The company faces risks including industry fluctuations, market competition, and potential impacts from the COVID-19 pandemic[4]. - The company has a strong emphasis on risk management, particularly regarding accounts receivable and potential goodwill impairment[4]. - The company has a significant amount of accounts receivable, which may pose risks if clients delay payments or face financial difficulties[123]. - The company is expanding its EPC contracting business, which involves various risks related to project management and cost control[124]. - The company completed an acquisition of 85.71% of Hangzhou Urban-Rural Construction Design Institute, which carries integration and goodwill impairment risks[127]. Acquisitions and Investments - The company completed the acquisition of 85.71% of Hangzhou Urban Construction Design Institute, enhancing its service capabilities and expanding its business coverage[56]. - The company acquired 85.71% of Hangzhou Urban Construction Design Institute for ¥582,857,082.86, enhancing its market position[93]. - The company has expanded its business chain and enhanced its competitive advantage through mergers and acquisitions, particularly following the acquisition of Hangzhou Design Co., Ltd.[33]. - The company has established long-term partnerships with clients, promoting a fair and healthy business environment through strict internal controls[174]. Research and Development - R&D expenses increased to CNY 45.56 million, a growth of 41.25% year-on-year, with 28 R&D projects initiated[61]. - The company reported a significant increase in R&D investment, totaling 45,555,883.15 CNY, which represents 3.86% of total revenue[81]. - Hanjia Design Group is focusing on green energy-saving technologies and BIM applications in its R&D efforts, aligning with industry trends[81]. - Research and development efforts focused on two new technologies expected to launch in Q3 2020, with an investment of 100 million RMB allocated for this purpose[141]. Shareholder and Dividend Policies - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares to all shareholders, based on a total of 225,738,328 shares[4]. - The company has committed to distributing at least 20% of its distributable profits in cash dividends annually for the first three years post-IPO[143]. - The company will prioritize cash dividends over stock dividends, with a minimum cash distribution of 20% of the annual distributable profits[143]. - The company has maintained a consistent approach to profit distribution, with no changes in the dividend distribution plan despite fluctuations in total share capital[136]. - The company has not proposed any capital reserve conversion into share capital or bonus shares for the fiscal year 2019[136]. Compliance and Governance - The company emphasizes the importance of accurate financial reporting and has declared that the financial report is true, accurate, and complete[3]. - The company has committed to providing accurate and complete information regarding its financial disclosures and asset acquisitions, ensuring compliance with legal responsibilities[140]. - The company has established measures to avoid related party transactions that could lead to fund occupation[144]. - The company has committed to ensuring that any benefits from violations of commitments will belong to the company, thus protecting investor interests[147]. - The company has implemented measures to ensure that directors and senior management do not engage in actions that harm the company's interests[146]. Market and Industry Trends - The fixed asset investment in China reached 56,087.4 billion yuan in 2019, with a year-on-year growth of 5.1%[34]. - The total output value of the construction industry in China was 24,844.6 billion yuan in 2019, showing a year-on-year increase of 5.7%[34]. - The urbanization rate in China reached 60.60% by the end of 2019, an increase of 1.02 percentage points from the previous year[40]. - The company is expanding its business regions to reduce reliance on the Zhejiang province, having established branches in cities like Shanghai, Beijing, and Chengdu[122]. Social Responsibility - The company has committed to social responsibility, emphasizing innovation, coordination, green development, and shared growth[170]. - The company has not engaged in any significant environmental pollution activities, as its design services do not involve harmful materials or emissions[177]. - The company has received multiple honors in 2019, reflecting its commitment to social responsibility and sustainable development[179].

2019 年第三季度报告全文 2019 年第三季度报告 2 2019 年第三季度报告全文 1 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人岑政平、主管会计工作负责人李亚玲及会计机构负责人(会计主 管人员)张永明声明：保证季度报告中财务报表的真实、准确、完整。 2019 年 10 月 证券代码：300746 证券简称：汉嘉设计 公告编号：2019-103 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | 本报告期末比上年度末 | | | --- | --- | --- | --- | --- | | | | | 增减 | | | 总资产（元） | 2,301,364,580.47 | 1,175,789,796.45 | | 95.73% | | 归属于上市公司股东的净资产（元） | 1,149,906,4 ...

Financial Performance - Total revenue for the reporting period was ¥434,640,142.67, an increase of 1.23% compared to ¥429,355,654.38 in the same period last year[19]. - Net profit attributable to shareholders was ¥34,152,903.33, representing an increase of 8.23% from ¥31,556,676.30 year-on-year[19]. - Net profit after deducting non-recurring gains and losses decreased by 17.13% to ¥22,858,009.27 from ¥27,584,033.52 in the previous year[19]. - The net cash flow from operating activities was ¥11,295,313.04, down 49.17% from ¥22,221,854.57 in the same period last year[19]. - Total assets at the end of the reporting period were ¥1,516,697,959.06, an increase of 28.99% compared to ¥1,175,789,796.45 at the end of the previous year[19]. - The company's weighted average return on equity was 3.68%, down from 4.82% in the previous year[19]. - The gross profit margin for the design business was 29.03%, a decrease of 0.21% compared to the previous year, while the gross profit margin for the EPC contracting business was 5.18%, an increase of 0.03%[53]. - The company reported a significant increase in financial expenses by 566.86% to RMB 1,709,494.87, attributed to higher bank loan interest expenses[51]. - The total liabilities as of June 30, 2019, were CNY 571,921,522.26, compared to CNY 249,479,192.30 at the end of 2018, showing a significant increase of about 129.1%[149]. - The total equity attributable to shareholders of the parent company was CNY 931,200,154.02 as of June 30, 2019, compared to CNY 912,196,049.31 at the end of 2018, indicating a growth of about 2.2%[149]. Investment and R&D - R&D investment totaled approximately ¥17.63 million, marking a 31.63% increase from the previous year[49]. - The company has initiated 11 R&D projects, focusing on high-tech services and design services, and has secured multiple patents[49]. - Research and development investment increased by 31.63% to RMB 17,628,570.94 from RMB 13,392,304.30, reflecting the company's commitment to enhancing its R&D capabilities[51]. - The company reported a cash inflow from investment activities totaling CNY 691,624,902.91, up from CNY 317,070,177.74 in the first half of 2018, reflecting a strong recovery in investment returns[168]. - The cash outflow for investment activities was CNY 1,061,926,443.14, significantly higher than CNY 398,964,376.32 in the previous year, suggesting increased investment expenditures[169]. Market Environment and Risks - The company faces significant risks including fluctuations in downstream industries, market competition, and high accounts receivable at the end of the period[4]. - The market environment remains stable with a GDP growth of 6.3% and fixed asset investment growth of 5.8% in the first half of 2019[28]. - The company is facing risks related to fluctuations in the real estate market, which could adversely affect its performance if investment scales decline[76]. - Future growth may be impacted by internal factors such as talent loss, insufficient product innovation, and declining competitive position, as well as external factors like national industrial adjustments and a slowdown in real estate investment[82]. Corporate Governance and Compliance - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring no false statements or omissions[3]. - The company has not encountered any significant issues with the use of raised funds, maintaining a balance of 20,729.87 million RMB in unutilized funds as of June 30, 2019[69]. - The company has committed to a cash management strategy for temporarily idle raised funds, with a total not exceeding 160 million RMB[68]. - The company has established a comprehensive management system for its EPC business expansion, although it acknowledges the inherent risks involved[81]. - The company is committed to fulfilling its promises regarding shareholding restrictions and has been compliant with these commitments[89]. Shareholder and Dividend Policies - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The company promises to distribute at least 20% of its distributable profits in cash dividends annually for the next three years following its IPO[91]. - The company is currently in a growth phase and aims to maintain a minimum cash dividend ratio of 20% in profit distribution[91]. - The company will prioritize cash dividends over stock dividends unless it aligns with the interests of all shareholders[91]. - The company did not distribute cash dividends or issue bonus shares during the reporting period[86]. Operational Developments - The company operates in architectural design, decoration landscape municipal design, and EPC contracting, focusing on comprehensive design services[26]. - The company has established various professional departments to enhance collaboration and service quality in complex architectural projects[27]. - The company is adapting to new building concepts and technologies such as prefabricated buildings, BIM technology, and green buildings, which are becoming industry trends[30]. - The company has established branches in major cities including Shanghai, Beijing, and Chengdu to reduce reliance on the Zhejiang market, which currently accounts for a significant portion of its business[79]. - The company is in the process of acquiring an 85.68% stake in Hangzhou Urban Construction Design Institute, which will enhance its service capabilities and market coverage[46][48]. Financial Position and Assets - The company's total assets as of June 30, 2019, reached CNY 1,578,707,738.46, up from CNY 1,222,600,433.64 at the end of 2018, representing an increase of approximately 29.2%[152]. - The total cash and cash equivalents at the end of the period was CNY 150,097,878.73, down from CNY 312,227,623.91 at the end of the first half of 2018[169]. - The company’s retained earnings increased to CNY 369,638,141.24 as of June 30, 2019, compared to CNY 350,634,036.53 at the end of 2018, showing a growth of about 5.4%[149]. - The company’s non-current liabilities totaled CNY 401,989,900.00 as of June 30, 2019, compared to CNY 2,601,900.00 at the end of 2018, indicating a substantial increase of approximately 15,400%[149]. - The company has a total of 10 branches and 11 subsidiaries across various regions[191].

Financial Performance - Total operating revenue for Q1 2019 was ¥190,610,232.53, representing a 4.90% increase compared to ¥181,714,144.31 in the same period last year[7] - Net profit attributable to shareholders for Q1 2019 was ¥13,885,852.81, up 17.47% from ¥11,820,958.30 year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 18.14% to ¥9,507,407.11 from ¥11,614,710.18 in the previous year[7] - The company achieved operating revenue of 190.61 million yuan, a year-on-year increase of 4.90%[17] - Net profit attributable to shareholders was 13.89 million yuan, up 17.47% compared to the same period last year[17] - Total operating revenue for the current period reached ¥190,610,232.53, an increase of 5.0% compared to ¥181,714,144.31 in the previous period[52] - Net profit for the current period was ¥13,648,287.53, representing a 13.2% increase from ¥12,054,092.84 in the previous period[54] - The total comprehensive income for the current period was ¥13,648,287.53, compared to ¥12,054,092.84, showing an increase of 13.2%[59] Cash Flow - The net cash flow from operating activities was negative at -¥4,086,204.79, a significant increase of 4,210.18% compared to -¥94,803.67 in the same period last year[7] - The net cash flow from operating activities for the first quarter was -4,086,204.79 RMB, compared to -94,803.67 RMB in the previous year, indicating a decline in operational cash flow[62] - The total cash inflow from operating activities was 277,748,372.60 RMB, up from 247,878,192.40 RMB year-on-year, indicating growth in operational revenue[66] - The cash outflow for purchasing goods and services was 126,709,695.74 RMB, slightly lower than 142,976,528.01 RMB in the previous year, suggesting improved cost management[66] - The net cash flow from operating activities for the parent company was 14,520,280.93 RMB, a significant improvement from -56,340,502.13 RMB in the previous year[66] - The cash inflow from investment activities for the parent company was 302,731,820.65 RMB, compared to 130,358,628.25 RMB in the previous year, indicating a strong recovery in investment returns[67] - The ending balance of cash and cash equivalents was 167,456,675.28 RMB, a significant increase from 41,378,478.20 RMB in the previous year, indicating improved liquidity[67] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,118,972,023.18, down 4.83% from ¥1,175,789,796.45 at the end of the previous year[7] - Current liabilities decreased from ¥246,877,292.30 to ¥176,724,931.50, a reduction of about 28.4%[45] - Non-current liabilities remained stable at ¥2,288,200.00, compared to ¥2,601,900.00, showing a decrease of approximately 12%[46] - Total liabilities decreased from ¥326,135,873.58 to ¥274,472,833.62, a reduction of approximately 15.8%[50] - The company’s total current assets decreased from ¥917,846,900.25 to ¥881,091,109.35, a decline of about 4%[49] Shareholder Information - The company had a total of 24,006 common shareholders at the end of the reporting period[11] - Zhejiang Chengjian Group Co., Ltd. held 64.16% of the shares, amounting to 135,000,000 shares[11] Investments and Acquisitions - The company signed a strategic cooperation framework agreement with Evergrande Group for design services worth approximately 1 billion yuan over four years[23] - The company is in the process of acquiring 85.68% of Hangzhou Urban-Rural Construction Design Institute for a total consideration of 583 million yuan[25] - The company has invested a total of 200.50 million yuan in financial products using idle funds as of the report date[29] - As of the report date, the company has purchased bank financial products totaling 160 million yuan using idle raised funds[30] - The total amount of raised funds is CNY 23,788.43 million, with CNY 1,188.7 million invested in the current quarter[34] - Cumulative investment of raised funds reached CNY 3,138.82 million, with no changes in the purpose of the raised funds[34] Research and Development - Research and development expenses increased by 72.00% to 87.69 million yuan due to increased investment in R&D[16] - Research and development expenses increased significantly to ¥8,769,191.83, compared to ¥5,098,403.07, marking a rise of 72.5%[52] Other Financial Metrics - The weighted average return on equity for Q1 2019 was 1.51%, a decrease of 0.45% from 1.96% in the same period last year[7] - Investment income rose by 213.60% to 37.18 million yuan, primarily driven by increased financial investment returns[16] - The company reported non-recurring gains of ¥4,378,445.70 for the period, primarily from government subsidies and other income[8] - The basic and diluted earnings per share remained stable at ¥0.07 for both periods[55] - The company reported an investment income of ¥3,717,511.06, which is a substantial increase from ¥1,185,441.98, indicating a growth of 213.5%[52] - The company’s tax expenses decreased significantly to ¥1,849,855.15 from ¥4,124,540.95, a reduction of 55.2%[54] - Other income increased to ¥1,315,600.00 from ¥304,300.00, reflecting a growth of 332.5%[52] Compliance and Governance - The company has not experienced any significant changes in project feasibility or non-compliance with external guarantees during the reporting period[36][38] - The company has not reported any overdue commitments from major shareholders or related parties during the reporting period[32][38] - The company has implemented new accounting standards and changed related accounting policies[34] - The company has not utilized idle raised funds for temporary liquidity support[35] - The company has not encountered any issues or other situations in the disclosure of raised fund usage[35]

Financial Performance - The company's operating revenue for 2018 was ¥944,605,917.24, representing a 30.07% increase compared to ¥726,208,060.66 in 2017[16]. - The net profit attributable to shareholders for 2018 was ¥75,654,061.05, which is a 25.08% increase from ¥60,485,334.58 in 2017[16]. - The net profit after deducting non-recurring gains and losses was ¥59,244,673.26, up 7.47% from ¥55,126,855.99 in 2017[16]. - The net cash flow from operating activities increased by 56.13% to ¥92,770,077.82 from ¥59,419,803.51 in 2017[16]. - The total assets at the end of 2018 were ¥1,175,789,796.45, a 40.45% increase from ¥837,136,955.61 at the end of 2017[16]. - The net assets attributable to shareholders increased by 52.37% to ¥912,196,049.31 from ¥598,657,724.11 at the end of 2017[16]. - The basic earnings per share for 2018 was ¥0.4, a 5.26% increase from ¥0.38 in 2017[16]. - The diluted earnings per share also stood at ¥0.4, reflecting the same 5.26% increase from ¥0.38 in 2017[16]. - The weighted average return on equity for 2018 was 9.76%, down from 10.64% in 2017[16]. - The company reported a total revenue of ¥324,240,304.90 in Q4 2018, which was the highest quarterly revenue for the year[18]. Business Segments - The design business generated total revenue and gross profit of 550.37 million yuan and 169.11 million yuan, respectively, with year-on-year growth of 7.57% and 8.67%[32]. - The EPC engineering contracting business expanded significantly, with revenue and gross profit of 393.60 million yuan and 21.50 million yuan, reflecting year-on-year growth of 84.13% and 69.34%[32]. - Revenue from the design business accounted for 58.26% of total revenue, while EPC contracting contributed 41.67%[62]. - Revenue from projects within Zhejiang Province was RMB 705.46 million, representing 74.68% of total revenue, with a year-on-year growth of 39.12%[62]. Cash Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 0.72 yuan per 10 shares to all shareholders, based on a total of 210,400,000 shares[4]. - The proposed cash dividend is RMB 0.72 per share (including tax), totaling RMB 15,148,800.00, which represents 20.02% of the net profit[130]. - The total distributable profit available for distribution is RMB 336,190,471.67[128]. - The cash dividend amount constitutes 100% of the total profit distribution[125]. - The company has maintained a consistent cash dividend policy, with no dividends distributed in 2016 and 2017[130]. - The company commits to distributing at least 20% of its distributable profits in cash dividends annually for the first three years post-IPO[133]. Risk Management - The company acknowledges potential risks including industry fluctuations, market competition, and significant accounts receivable at the end of the period[4]. - The company faces risks from fluctuations in the real estate market, which could impact its performance, as its business is heavily reliant on the construction industry[114]. - The company has established a risk management system to mitigate potential issues related to accounts receivable, ensuring financial stability[117]. - The company is expanding its EPC contracting business, which involves comprehensive management challenges and risks related to project execution and quality control[118]. Strategic Development - The company is focusing on a comprehensive, chain-based, and information-driven development strategy to extend its industry chain and enhance operational efficiency[30]. - The company plans to enhance its market competitiveness through the expansion of the EPC contracting model, which is expected to peak in the coming years[31]. - The company aims to enhance its comprehensive design service capabilities through a "full-process" development strategy, integrating internal resources and extending design categories[102]. - Future plans include strengthening channel construction and gradually establishing a "design chain" market expansion model through the addition of branch offices[104]. Research and Development - R&D investment increased, with 24 projects in 2018, leading to 14 software copyrights and 13 utility model patents obtained[57]. - The company increased its R&D investment to ¥32,251,063.03 in 2018, representing 3.41% of total revenue, a notable increase from 2.52% in 2017[76]. - The company has established a PC structure technology research center to adapt to the new trends in building industrialization[58]. Corporate Governance and Compliance - The company emphasizes the importance of accurate financial reporting and the responsibility of its management team to ensure completeness and truthfulness[3]. - The company is committed to improving its corporate governance and management systems to enhance operational efficiency and reduce risks[108]. - The company has established a commitment to avoid conflicts of interest and ensure compliance with relevant regulations regarding the issuance of shares[136]. - The company is committed to maintaining high standards of corporate governance and transparency in its operations[193]. Market Position and Growth - The company is positioned in the Yangtze River Delta, a key area for urbanization and economic development in China[39]. - The urbanization rate in China increased from 51.27% in 2011 to 58.52% in 2017, with a target of reaching 60% by 2020[38]. - The company is currently in a growth phase and has set a minimum cash dividend distribution target to align with shareholder interests[133]. Shareholder Engagement - The company actively engages with shareholders through various communication channels to enhance transparency and participation[162]. - The actual controllers of the company, including its major shareholders, have pledged to avoid any business activities that may compete with the company and its subsidiaries[134]. Miscellaneous - The company has not yet initiated any targeted poverty alleviation programs and has no plans for such initiatives in the near future[168]. - The company does not have any significant environmental pollution issues, as its operations do not involve harmful materials[169]. - There were no significant lawsuits or arbitration matters during the reporting period, with a total amount involved in non-significant lawsuits being 731.57 million RMB[143].

Financial Performance - Operating revenue for the period was CNY 191,009,957.96, an increase of 8.30% year-on-year[7] - Net profit attributable to shareholders decreased by 15.29% to CNY 12,512,957.84[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 25.20% to CNY 10,091,549.02[7] - Basic earnings per share decreased by 33.33% to CNY 0.06[7] - Weighted average return on equity decreased by 45.03% to 1.43%[7] - The company's operating revenue increased by 39.38% to CNY 620,365,612.34 compared to the same period last year, primarily due to the growth in EPC engineering contracting revenue[16] - The company reported a profit before tax of CNY 19,738,094.70, compared to CNY 18,512,020.58 in the previous year, showing an increase of 6.6%[38] - Total revenue for the current period reached ¥183,896,225.08, an increase of 7.5% compared to ¥171,755,680.90 in the previous period[41] - Net profit for the current period was ¥11,668,110.94, a decrease of 18.3% from ¥14,259,102.86 in the previous period[42] - Operating profit for the current period was ¥18,401,111.26, slightly up from ¥18,285,871.57 in the previous period[42] - The company reported a total comprehensive income attributable to the parent company of ¥12,512,957.84, down from ¥14,770,678.11 in the previous period[39] Assets and Liabilities - Total assets increased by 30.41% to CNY 1,091,700,674.91 compared to the end of the previous year[7] - The company's total assets reached CNY 1,162,910,811.21, compared to CNY 903,382,112.41 at the beginning of the period, marking a growth of 28.7%[34] - Total liabilities amounted to CNY 297,140,377.34, down from CNY 318,016,723.74, indicating a decrease of 6.1%[34] - The equity attributable to shareholders of the parent company increased to CNY 865,770,433.87 from CNY 585,365,388.67, representing a growth of 47.8%[35] - Other current assets surged by 386.64% to CNY 422,400,000.00, mainly due to increased purchases of trusts, bank wealth management, and structured deposits[16] - The company’s deferred income tax assets decreased by 30.19% to CNY 31,554,323.63, primarily due to a tax rate adjustment to 15% for high-tech enterprises[16] Cash Flow - Cash flow from operating activities increased by 202.60% to CNY 69,430,718.82[7] - The company reported a significant increase in cash flow from operating activities, which rose by 202.60% to CNY 69,430,718.82, attributed to improved cash collection[17] - Cash flow from operating activities generated a net amount of CNY 69,430,718.82, significantly up from CNY 22,944,445.83 in Q3 2017, marking an increase of approximately 203%[51] - Total cash inflow from investment activities was CNY 533,189,970.88, while cash outflow was CNY 877,512,516.78, resulting in a net cash flow of -CNY 344,322,545.90 for investment activities[52] - Cash flow from financing activities yielded a net amount of CNY 236,339,270.58, with total cash inflow of CNY 257,269,452.83[52] - The company reported a total cash and cash equivalents balance of CNY 121,957,463.98 at the end of the reporting period, down from CNY 159,328,395.57 at the beginning[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,140[11] - The largest shareholder, Zhejiang Chengjian Group Co., Ltd., holds 64.16% of the shares[11] Costs and Expenses - The company's gross profit margin decreased as operating costs rose by 47.29% to CNY 497,422,462.42, reflecting the increased costs associated with the higher revenue[16] - The company’s financial expenses increased by 293.21% to CNY -1,389,853.17, mainly due to higher interest from bank deposits[16] - Total operating costs for Q3 2018 were CNY 173,647,719.52, up from CNY 159,561,032.83, reflecting a year-over-year increase of 8.8%[36] - Total operating costs for the current period were ¥567,757,185.32, up from ¥402,331,134.47 in the previous period[44] Research and Development - Research and development expenses for Q3 2018 were CNY 8,117,843.94, significantly higher than CNY 4,777,446.72 in the previous year, reflecting a 69.4% increase[36] - Research and development expenses increased to ¥8,117,843.94, up 69.0% from ¥4,777,446.72 in the previous period[41] Strategic Moves - The company plans to acquire 85.68% of Hangzhou Urban Construction Design Institute for CNY 583 million, indicating a strategic move towards asset restructuring[18] - The company plans to continue expanding its market presence and investing in new technologies[41] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[58] - The report was not audited, indicating that the figures presented are subject to further verification[58]