Financial Performance - The company's operating revenue for 2020 was ¥1,426,166,583.93, representing a 10.78% increase compared to ¥1,287,329,398.08 in 2019[16]. - The net profit attributable to shareholders for 2020 was ¥163,731,899.68, a 30.91% increase from ¥125,070,218.38 in 2019[16]. - The net profit after deducting non-recurring gains and losses was ¥136,973,917.60, up 27.57% from ¥107,370,905.98 in 2019[16]. - The total assets at the end of 2020 reached ¥2,113,141,512.61, a significant increase of 61.27% from ¥1,310,347,735.07 at the end of 2019[16]. - The net assets attributable to shareholders increased by 104.95% to ¥1,820,581,823.05 at the end of 2020, compared to ¥888,301,720.17 at the end of 2019[16]. - The basic earnings per share for 2020 was ¥2.590, an 18.26% increase from ¥2.190 in 2019[16]. - The company achieved a total revenue of RMB 1.426 billion in 2020, representing a year-on-year increase of 10.78% compared to RMB 1.287 billion in 2019[44]. - The net profit for 2020 was RMB 164 million, reflecting an improvement in operational performance during the pandemic[44]. Dividend and Profit Distribution - The company reported a profit distribution plan based on a base of 76,000,000 shares, proposing a cash dividend of 5 RMB per 10 shares (including tax) and a capital reserve increase of 8 shares per 10 shares[4]. - The total cash dividend amount for 2020 was 38,000,000 CNY, representing 23.21% of the net profit[106]. - The company has a cash dividend policy that ensures a minimum of 30% of profits are distributed during profit allocation[103]. - The company emphasizes a stable and continuous profit distribution policy to protect investor interests[102]. - The company will ensure that at least 20% of the distributable profits attributable to shareholders are distributed in cash annually, based on the consolidated financial statements[113]. Research and Development - The company has established a post-doctoral research station and actively participates in the formulation of national and industry standards[26]. - The company is investing in new technology development, allocating 100 million RMB towards R&D initiatives[114]. - Research and development expenses rose by 24.83% to CNY 98,340,483.90, indicating increased investment in innovation[62]. - The number of R&D personnel increased to 672 in 2020, accounting for 10.25% of the total workforce, up from 8.99% in 2019[64]. Market Expansion and Strategy - The company continues to expand its market presence and enhance its research and development capabilities in the testing and certification sector[27]. - The company plans to enhance its testing capabilities by expanding laboratory networks and increasing service capacity to meet growing market demands[83]. - The company aims to invest more in medical testing and medical device testing, leveraging the COVID-19 pandemic to expand its market presence[83]. - Future development strategies include establishing new production and auxiliary facilities to strengthen capabilities in high-end equipment testing and military testing[84][85]. Risk Management - The company emphasizes the importance of rational investment and risk awareness, detailing potential risk factors and countermeasures in the report[4]. - The company faces risks related to brand reputation and credibility, which are critical for maintaining market position in the third-party testing industry[91]. - Increased market competition is anticipated due to the presence of 44,007 testing institutions in China, leading to potential pressure on the company's performance[93]. - The company is vulnerable to changes in industry policies that could impact its operational growth, especially given the regulatory nature of the testing industry[94]. Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and senior management[3]. - The company’s board of directors has ensured that all members attended the meeting to review the annual report[3]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, with commitments related to share transfer restrictions being adhered to normally[107]. Social Responsibility - The company actively participated in environmental monitoring projects, contributing to government efforts in pollution prevention and ecological protection[145]. - The company donated 260,000 RMB to support poverty alleviation projects in the ancient Baige Township of Hotan City, Xinjiang[151]. - The company has established a social responsibility management system, integrating social responsibility into its strategic management[136]. Employee Management - The company employed a total of 6,557 staff, with 4,129 in production, 1,120 in sales, and 672 in technical roles[195]. - The company has established a training program focusing on management and technical personnel to adapt to rapid business development[198]. - The company emphasizes employee health and safety, providing regular health check-ups and protective materials during the pandemic[140]. Shareholder Information - Major shareholder Song Wei holds 52.27% of the shares, amounting to 39,725,000 shares[167]. - The company’s total share capital after the IPO is 76 million shares[164]. - The total number of shareholders increased from 15,438 to 16,838 during the reporting period[167].

Financial Performance - Operating revenue for the period was CNY 382,922,321.04, reflecting a 15.54% increase compared to the same period last year[8] - Net profit attributable to shareholders decreased by 38.68% to CNY 36,426,446.36[8] - Basic earnings per share fell by 41.84% to CNY 0.6061[8] - The weighted average return on equity decreased by 3.74 percentage points to 3.95%[8] - The company's total revenue from other income increased by 72.09% to RMB 29,678,185.01, mainly due to higher government subsidies compared to the previous year[17] - The company's operating revenue for Q3 2020 was CNY 96,614,520.33, an increase from CNY 82,038,826.52 in the previous period[43] - The net profit for Q3 2020 was CNY 36,426,446.36, down from CNY 59,402,603.57 in the same period last year, representing a decrease of approximately 38.6%[41] - The total profit for Q3 2020 was CNY 39,076,155.21, compared to CNY 62,414,623.98 in the same period last year, indicating a decline of approximately 37.2%[40] - The total comprehensive income for Q3 2020 was CNY 36,451,844.55, a decrease from CNY 59,401,247.53 in the same period last year[41] Assets and Liabilities - Total assets increased by 64.65% year-on-year, reaching CNY 2,157,475,784.96[8] - Total liabilities increased to CNY 232,464,500.61 from CNY 181,296,230.76 year-on-year[36] - The company's equity attributable to shareholders rose to CNY 1,456,897,252.63, compared to CNY 650,320,341.20 in the previous year[36] - Total assets as of September 30, 2020, were CNY 1,689,361,753.24, significantly higher than CNY 831,616,571.96 at the end of 2019[35] - Total current liabilities included accounts payable of CNY 32,535,322.37 and employee compensation payable of CNY 58,945,548.82[63] - The total liabilities and owner's equity combined also equaled CNY 1,310,347,735.07, confirming the balance sheet integrity[64] Cash Flow - Net cash flow from operating activities surged by 202.36%, amounting to CNY 24,566,957.53[8] - The net cash flow from operating activities improved by 90.12%, reaching -RMB 1,216,466.79, driven by increased sales revenue[18] - The cash inflow from operating activities was CNY 913,973,974.61, an increase of 7.7% compared to CNY 848,563,798.37 in the previous period[55] - The net cash flow from investment activities was CNY -151,098,787.12, worsening from CNY -41,284,909.97 in the previous period[56] - The cash inflow from financing activities was CNY 967,526,833.36, significantly higher than CNY 154,836,351.70 in the previous period[56] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,585[12] - The largest shareholder, Song Wei, holds 52.27% of the shares, amounting to 39,725,000 shares[12] - The company raised a total of RMB 844,930,000 from the issuance of 19,000,000 shares at a price of RMB 44.47 per share, with a net amount of RMB 768,509,749 after deducting issuance costs[19] Research and Development - Research and development expenses for the quarter were CNY 26,593,378.68, up from CNY 21,953,928.86 in the previous period[39] - The company's research and development expenses for Q3 2020 were CNY 5,171,383.36, slightly up from CNY 4,767,678.58 in the previous year[43] - The company's research and development expenses for Q3 2020 were CNY 14.05 million, slightly down from CNY 14.88 million in the same period last year, indicating a decrease of about 5.6%[50] Investment and Financing Activities - The company raised RMB 785,060,250.00 from its IPO, significantly boosting cash inflow[18] - The company reported a significant increase in cash inflow from investment activities, with CNY 785,060,250.00 received from investment absorption[59] - The company approved a loan of RMB 390 million to its wholly-owned subsidiary, Shanghai Puni Certification Technology Co., Ltd., and RMB 150 million to Puni Testing Group Wuhan Co., Ltd. for investment projects[23] Compliance and Governance - The company has no reported violations regarding external guarantees during the reporting period[24] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[25] - The Q3 report has not been audited[69]