Financial Performance - The company's revenue for Q1 2022 was ¥52,539,990.25, a decrease of 44.69% compared to ¥94,993,501.21 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥63,019,696.52, representing a significant decline of 25,438.80% from a loss of ¥246,760.56 in the previous year[3] - Basic and diluted earnings per share were both -¥1.56, reflecting a decrease of 15,500.00% from -¥0.01 in the same period last year[3] - The net profit for Q1 2022 was a loss of CNY 63,111,204.09, compared to a loss of CNY 246,760.56 in the same period last year[30] Cash Flow - The net cash flow from operating activities was a negative ¥73,084,389.61, showing a slight improvement of 0.47% compared to the previous year's negative cash flow of ¥73,426,434.94[3] - Cash flow from operating activities was CNY 77,057,194.68, down from CNY 90,541,827.40 in the previous period[32] - The company reported a total cash outflow from operating activities of 152,624,449.34 CNY, down from 165,725,117.01 CNY last year[33] - The net cash flow from investment activities was 278,565,384.77 CNY, a significant increase from -3,277,845.34 CNY in the previous year[33] - Cash inflow from financing activities amounted to 19,999,504.00 CNY, with a net cash flow of 13,940,961.46 CNY, compared to -6,208,963.54 CNY last year[34] - The net increase in cash and cash equivalents was 219,421,956.62 CNY, contrasting with a decrease of -82,913,243.82 CNY in the previous year[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,136,590,855.01, down 4.53% from ¥1,190,582,890.13 at the end of the previous year[3] - The total liabilities increased to CNY 219,950,138.61 from CNY 210,987,334.22, with current liabilities totaling CNY 189,955,364.46[26] - The company's equity attributable to shareholders decreased to CNY 905,032,223.97 from CNY 967,895,555.91[26] - The company's total current assets decreased to ¥1,002,914,001.59 from ¥1,052,429,067.69, indicating a reduction in liquidity[24] Expenses - The company reported a significant increase in research and development expenses, which rose by 71.17% to ¥13,343,306.67 compared to ¥7,795,497.98 in the previous year[13] - The company experienced a 50.55% increase in selling expenses, totaling ¥8,209,227.61, attributed to higher brand promotion and business hospitality costs[13] - Total operating costs increased to CNY 122,751,529.05 from CNY 92,371,140.39, with operating costs specifically rising to CNY 76,650,410.73 from CNY 61,727,263.34[29] Shareholder Information - The company has a total of 9,830 ordinary shareholders at the end of the reporting period, with the largest shareholder holding 40.35%[17] - The company has committed to a lock-up period for its major shareholders, with the first release scheduled for February 2025[20] Other Financial Activities - The company recorded an investment income of ¥6,241,296.31 from the redemption of financial products during the reporting period[13] - The company recovered investment cash amounting to ¥375,000,000.00 from matured financial products, indicating successful fundraising efforts[14] - Investment income received increased to ¥6,591,296.31, attributed to higher returns from redeemed financial products[14] - The company is actively managing its financial investments, with a notable focus on financial products that yield returns[14] Audit and Reporting - The company did not conduct an audit for the first quarter report[35] - The report was released on April 26, 2022, by the board of directors of the company[35]

Financial Performance - The company reported a total share capital of 40,400,000 shares as of December 31, 2021, with a profit distribution plan proposing a cash dividend of 0.00 RMB per 10 shares and a capital reserve increase of 6 shares for every 10 shares held[5]. - The company's operating revenue for 2021 was ¥589,742,221.11, representing a 20.30% increase compared to ¥490,214,757.10 in 2020[21]. - The net profit attributable to shareholders decreased by 49.20% to ¥51,854,818.55 in 2021 from ¥102,069,433.36 in 2020[21]. - The net profit after deducting non-recurring gains and losses fell by 59.75% to ¥39,989,980.09 in 2021 compared to ¥99,344,326.52 in 2020[21]. - The net cash flow from operating activities was negative at -¥91,947,590.74, a decline of 226.48% from ¥72,699,460.38 in 2020[21]. - The total assets at the end of 2021 increased by 188.56% to ¥1,190,582,890.13 from ¥412,600,490.39 at the end of 2020[21]. - The net assets attributable to shareholders rose by 325.42% to ¥967,895,555.91 at the end of 2021 from ¥227,513,932.12 at the end of 2020[21]. - The basic earnings per share decreased by 54.30% to ¥1.54 in 2021 from ¥3.37 in 2020[21]. - The weighted average return on equity dropped to 10.69% in 2021 from 51.47% in 2020, a decrease of 40.78%[21]. - The company achieved operating revenue of CNY 589.74 million in 2021, a year-on-year increase of 20.3%[76]. - The net profit attributable to shareholders of the listed company was 5.18 million yuan, a decrease of 49.2% year-on-year[190]. - The net cash flow from operating activities was -91.95 million yuan, a decline of 226.48% compared to the previous year[190]. Business Operations - The company has established 15 branch offices in major cities across China, with over 1,000 designers and more than 3,000 premium projects completed in over 100 cities[46]. - The company focuses on four main product categories: community landscape, cultural tourism, commercial space, and municipal public projects, with community landscape being the primary business type[48]. - The company has a strong order acquisition capability, maintaining long-term partnerships with major real estate developers and local governments, including Poly, Vanke, and China Resources[73]. - The company has a multi-layer quality control system to ensure the quality of design work through various levels of review[59]. - The company has established a design service network covering 15 cities, enhancing its ability to provide quality design services nationwide[75]. - The company has a commitment to upgrade its technology research and development center by 2023[120]. - The company has not reported any significant changes in the feasibility of its investment projects[122]. Market Trends and Industry Outlook - The landscape design industry in China is experiencing significant growth, driven by urbanization and increased investment in public infrastructure, with a market size that continues to expand[33]. - The implementation of the rural revitalization strategy is providing vast development space for the landscape design industry, focusing on ecological livability and infrastructure improvement[42]. - The tourism market is becoming a significant growth point for the landscape design industry, with increasing demand for integrated design services across various tourism-related projects[43]. - The "carbon neutrality" policy is pushing the landscape design industry to enhance ecological science and systematization, impacting energy consumption and urban planning strategies[44]. - The landscape design industry is expected to evolve towards more refined and comprehensive development, aligning with the new urbanization quality improvement initiatives[41]. - The company is facing challenges due to the cyclical nature of the real estate industry and the impact of government regulations, which have affected cash flow and project timelines[190]. Research and Development - Research and development expenses totaled CNY 47.42 million, accounting for 8.04% of operating revenue, with six utility model patents obtained[79]. - The company launched the "Shanshui Smart Landscape 1.0" digital product system, marking a significant technological innovation in the landscape design industry[79]. - The company is focusing on developing customized community landscape design technology and performance evaluation systems to enhance market competitiveness[95]. - The company is advancing the "New Mountain Water" community landscape methodology, which aims to address urban-rural planning challenges and improve community engagement[98]. - The number of R&D personnel increased to 222 in 2021, a rise of 62.04% compared to 137 in 2020, with R&D personnel now accounting for 11.81% of the total workforce[100]. - R&D investment reached ¥47,416,293.62 in 2021, representing 8.04% of total revenue, up from 6.71% in 2020[100]. Governance and Compliance - The company has established a robust internal control system to manage risks and ensure the normal conduct of business activities[147]. - The company has conducted two shareholder meetings in 2021, ensuring equal rights and opportunities for all shareholders[142]. - The company has a dedicated audit committee responsible for overseeing internal and external audits, enhancing governance and compliance[147]. - The company emphasizes transparent communication with investors through various channels, ensuring timely and accurate information disclosure[148]. - The company has not faced any penalties from regulatory authorities regarding the remuneration of its executives[170]. - The company has a clear and complete asset ownership structure, with all shareholders having fully paid their contributions during capital increases[153]. Social Responsibility - The company actively participated in social responsibility initiatives, including donating 1,300 trees to ecological projects in Gansu province as part of a "Hundred Days of Tree Planting" campaign[199]. - The company donated pandemic prevention materials to support frontline healthcare workers during the Guangzhou COVID-19 outbreak, earning recognition as an "Advanced Caring Enterprise" in 2021[199]. Future Plans - The company plans to continue its strategic focus on community-oriented urban renewal projects, leveraging technology such as IoT and AI to create smart community designs[99]. - The company aims to explore new paths in the cultural tourism sector by enhancing collaboration with well-known developers and expanding into consulting, planning, and operational management services[127]. - The company plans to enhance its market share by increasing collaboration with state-owned and private real estate enterprises, improving project management capabilities, and expanding market presence[129]. - The company intends to explore virtual world scene design and smart city products, targeting breakthroughs in new business areas in 2022[129].

Financial Performance - The company's revenue for Q3 2021 was ¥124,551,629.24, representing a 4.76% increase year-over-year, while the year-to-date revenue reached ¥406,329,369.21, up 20.88% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥3,346,407.66, a significant decrease of 82.29% year-over-year, with a year-to-date net profit of ¥49,921,386.40, down 23.78%[3] - The basic earnings per share for Q3 2021 was ¥0.10, reflecting an 83.97% decline compared to the same quarter last year, while the diluted earnings per share also stood at ¥0.10[3] - Net profit for the third quarter of 2021 was CNY 49,921,386.40, a decrease of 23.8% from CNY 65,497,194.36 in the previous year[26] - The company's operating profit for the third quarter of 2021 was CNY 52,978,725.34, down from CNY 77,196,874.07 in the previous year, indicating a decline of 31.3%[26] - The total comprehensive income for the third quarter of 2021 was CNY 49,921,386.40, a decrease from CNY 65,497,194.36 in the same period last year, representing a decline of approximately 23.8%[27] - Basic and diluted earnings per share for the current period were both CNY 1.59, down from CNY 2.16 in the previous year, indicating a decrease of about 26.4%[27] Assets and Liabilities - The company's total assets as of the end of Q3 2021 amounted to ¥1,162,872,942.11, which is an increase of 181.84% compared to the end of the previous year[3] - Total assets increased to CNY 1,162,872,942.11 as of September 30, 2021, compared to CNY 412,600,490.39 at the end of 2020, representing a growth of 181.5%[24] - The company's total liabilities rose to CNY 196,598,830.33, compared to CNY 185,086,558.27 at the end of 2020, reflecting an increase of 6.5%[23] - The total liabilities increased from CNY 185,086,558.27 to CNY 219,810,229.06, indicating an increase of about 18.8%[33] - Total liabilities amounted to CNY 185,086,558.27, with a total equity of CNY 227,513,932.12, reflecting a decrease in equity by CNY 3,942,966.59 compared to the previous period[34] Cash Flow - The company reported a net cash flow from operating activities of -¥77,990,612.14 for the year-to-date period, indicating a 459.59% decrease compared to the previous year[3] - The net cash flow from operating activities was -77,990,612.14 yuan, a decrease of 459.59% compared to the same period last year[12] - Cash inflow from operating activities totaled CNY 321,584,462.56, compared to CNY 311,280,061.03 in the previous year, reflecting an increase of approximately 3.7%[30] - The net cash flow from operating activities was negative CNY 77,990,612.14, contrasting with a positive CNY 21,688,877.72 in the same period last year[30] - Cash outflow from investment activities was CNY 582,254,721.66, significantly higher than CNY 36,175,344.67 in the previous year, indicating a substantial increase in investment expenditures[30] - Cash inflow from financing activities was CNY 728,783,094.35, compared to CNY 10,000,000.00 in the previous year, showing a significant increase in financing received[30] - The net cash flow from financing activities was CNY 665,435,155.85, a turnaround from a negative CNY 43,285,221.26 in the same period last year[30] Investments and Expenditures - The company invested 565,000,000.00 yuan in financial products, an increase of 1,665.63% year-on-year[12] - The net cash flow from investing activities was -582,253,421.66 yuan, a significant increase of 14,887.62% compared to the previous year[12] - The total cash paid for purchasing fixed assets increased by 313.25% to 17,254,721.66 yuan due to an increase in design personnel[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,360[14] - The largest shareholder, Shanshui Bide Group Co., Ltd., holds 40.35% of the shares, totaling 16,300,000 shares[14] Research and Development - Research and development expenses for the year-to-date period were ¥31,669,336.47, a 59.41% increase compared to the same period last year, reflecting the company's commitment to innovation[10] - Research and development expenses for the third quarter of 2021 were CNY 31,669,336.47, up from CNY 19,866,734.79 in the previous year, showing a growth of 59.5%[24] Government Subsidies - The company received government subsidies amounting to ¥3,027,079.83 during the year-to-date period, marking a significant increase compared to the previous year[10] - The company received a government subsidy of 3,000,000.00 yuan on September 29, 2021[19] Contracts - A major contract was signed for a landscape design project with a total amount of 21,891,945 yuan[19] Audit Status - The company did not undergo an audit for the third quarter report, indicating that the figures are unaudited[35]