Revenue and Profit - Revenue for Q1 2022 was CNY 141,221,774.93, representing a 24.13% increase compared to CNY 113,772,475.30 in the same period last year[3] - Net profit attributable to shareholders decreased by 9.15% to CNY 22,614,274.87 from CNY 24,891,357.54 year-on-year[3] - The company achieved operating revenue of 141.22 million RMB in Q1 2022, representing a year-on-year growth of 24.13%[15] - Net profit attributable to shareholders was 22.61 million RMB, a decrease of 9.15% compared to the same period last year; excluding share-based payment expenses, net profit increased by 23.18% to 30.66 million RMB[15] - Net profit for Q1 2022 was ¥22,472,358.01, a decrease of 5.9% from ¥23,881,321.17 in Q1 2021[23] - The company reported a comprehensive income total of ¥22,388,484.92, a decrease from ¥23,862,284.12 in the same quarter last year[24] Cash Flow - Operating cash flow improved significantly, with a net cash flow of CNY 9,489,499.58, a 181.98% increase from a negative CNY 11,575,397.77 in the previous year[3] - Cash inflow from operating activities was ¥152,163,318.31, compared to ¥109,253,339.51 in the previous year[25] - The net cash flow from operating activities was 9,489,499.58, a significant improvement compared to the negative cash flow of -11,575,397.77 in the previous year[27] - The cash and cash equivalents at the end of the period amounted to 441,994,433.87, down from 518,665,727.82 at the end of the previous year[27] - The company experienced a net decrease in cash and cash equivalents of -6,146,836.35, contrasting with an increase of 40,765,978.09 in the previous year[27] Research and Development - Research and development expenses rose by 96.00% to CNY 12,325,295.39, driven by increased project activities and higher personnel costs[8] - The company continues to increase R&D investment in the machine vision business, expanding its R&D team to maintain technological leadership in the industry[15] - Research and development expenses increased to ¥12,325,295.39, up 96.4% from ¥6,288,453.91 in the previous year[22] Assets and Liabilities - Total assets decreased by 1.47% to CNY 1,266,570,441.79 from CNY 1,285,489,821.13 at the end of the previous year[3] - The total liabilities decreased to ¥177,788,117.44 from ¥227,274,777.08, a reduction of 21.8%[20] - The total equity attributable to shareholders of the parent company rose to ¥1,088,398,106.97, an increase of 2.5% from ¥1,057,719,355.16[20] - Total assets decreased from 1.29 billion RMB at the beginning of the year to 1.27 billion RMB by the end of Q1 2022[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,137[10] - The top shareholder, Yang Yong, holds 24.13% of the shares, totaling 39,193,200 shares[10] - The company has a total of 79.68 million shares subject to lock-up agreements, with 2.65 million shares released during the reporting period[14] Market and Product Development - The company plans to continue enriching its product portfolio through technological innovation[15] - The company maintains a strong focus on market expansion and new product development as part of its strategic initiatives[15] Operating Costs - Operating costs for Q1 2022 were ¥121,341,164.44, up 39.0% from ¥87,307,057.07 in the same period last year[22] Miscellaneous - The company did not undergo an audit for the first quarter report[28]