无锡线上线下通讯信息技术股份有限公司 信息披露管理制度 第一条 为规范无锡线上线下通讯信息技术股份有限公司(以下简称"公司") 信息披露行为，加强信息披露事务管理，保护投资者合法权益，根据《中华人 民共和国公司法》《中华人民共和国证券法》《上市公司信息披露管理办法》 《深圳证券交易所创业板股票上市规则》（以下简称"《上市规则》"）等相关 规范性法律文件及《无锡线上线下通讯信息技术股份有限公司章程》(以下简称 "《公司章程》")的有关规定，结合本公司实际，特制定本制度。 第二条 本制度所称"信息"是指所有能对公司股票及其衍生品种价格产生重 大影响的信息以及证券监管部门要求披露的信息；本制度所称"披露"是指在规 定的时间内、在规定的媒体上、以规定的方式向社会公众公布前述的信息，并 送达证券监管部门。 第三条 公司应当真实、准确、完整、及时地披露信息，不得有虚假记载、 误导性陈述或者重大遗漏。公司应当同时向所有投资者公开披露信息。 第四条 公司董事、监事、高级管理人员应当忠实、勤勉地履行职责，保证 披露信息的真实、准确、完整、及时、公平。 第五条 在内幕信息依法披露前，任何知情人不得公开或者泄露该信息，不 得利用该 ...

无锡线上线下通讯信息技术股份有限公司 2024 年独立董事述职报告 2024 年度独立董事述职报告 （王学华） 本人作为无锡线上线下通讯信息技术股份有限公司（以下简称"公司"）的 独立董事，在 2024 年任职期间，本人严格按照《公司法》《证券法》《上市公 司治理准则》等法律法规以及《公司章程》《独立董事工作制度》等规定，本 着客观、公正、独立的原则，勤勉尽责、独立履职，及时了解公司的经营情况 和财务状况，按时出席相关会议，对各项议案进行认真审议，充分发挥了独立 董事及各专门委员会委员的独立性和专业性。现就本人在 2024 年度履行独立董 事职责的情况汇报如下： 一、独立董事基本情况 本人王学华，1966 年 4 月出生，中国国籍，无永久境外居留权，研究生学 历，法律专业人士。曾任江苏金渠律师事务所兼职律师，现任江南大学法学院副 教授，上海汇业（无锡）律师事务所兼职律师，公司独立董事。 作为公司的独立董事，本人未在公司担任除独立董事以外的任何职务，也未 在公司主要股东处担任任何职务，与公司以及公司主要股东之间不存在妨碍本人 进行独立客观判断的关系，不存在影响独立董事独立性的情况。 二、2024 年度履职概况 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥355,048,248.82, a decrease of 4.35% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥10,409,651.56, representing a significant increase of 65.00% year-on-year[4]. - The net profit after deducting non-recurring gains and losses reached ¥7,657,901.89, a substantial increase of 267.63% compared to the previous year[4]. - Total operating revenue for the current period was ¥883,615,230.80, a decrease of 30.6% compared to ¥1,271,046,516.69 in the previous period[31]. - Net profit for the current period was ¥14,042,633.67, a decline of 49.7% from ¥27,954,885.21 in the previous period[32]. - Total comprehensive income amounted to CNY 14,042,633.67, a decrease from CNY 27,954,885.21 in the previous period[33]. - Basic and diluted earnings per share were both CNY 0.15, down from CNY 0.36 in the prior period[33]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,410,905,143.79, reflecting a growth of 5.84% from the end of the previous year[4]. - The company's total assets increased to ¥1,410,905,143.79 from ¥1,332,994,410.30, reflecting a growth of 5.8%[31]. - Current assets totaled ¥1,177,365,687.93, up 6.7% from ¥1,102,978,335.66 at the beginning of the period[28]. - The company's total liabilities increased to ¥243,432,458.46 from ¥144,836,884.27, a rise of 68.2%[30]. - The equity attributable to shareholders decreased to ¥1,160,909,307.16 from ¥1,190,477,320.24, a decline of 2.5%[30]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥41,969,634.88, down 12.28% compared to the previous year[4]. - Net cash flow from operating activities was CNY 41,969,634.88, compared to CNY 47,844,779.33 in the previous period, reflecting a decline of approximately 12.5%[35]. - Cash inflow from operating activities totaled CNY 2,435,919,918.92, an increase from CNY 2,349,788,034.09 in the prior period[35]. - Cash outflow from investing activities was CNY 690,622,794.22, up from CNY 358,765,530.06 in the previous period, indicating increased investment activity[36]. - Net cash flow from investing activities was negative at CNY -98,871,693.18, compared to CNY -9,700,516.04 in the prior period[36]. - Cash flow from financing activities resulted in a net outflow of CNY -70,939,786.07, worsening from CNY -54,235,769.16 in the previous period[36]. - The ending cash and cash equivalents balance was CNY 140,770,631.21, down from CNY 346,783,586.89 at the end of the previous period[36]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,717[17]. - The largest shareholder, Wang Kun, holds 34.52% of shares, totaling 27,744,994 shares, with 4,200,000 shares pledged[17]. - The top ten shareholders hold a significant portion of shares, with the top three shareholders collectively owning 53.22%[17]. - The total number of restricted shares at the end of the period is 28,092,581, with 14,963,723 shares released during the period[20]. - A total of 129,150 shares of unvested restricted stock have been canceled, including 6,000 shares from five departing incentive targets[23]. - The company has completed a share buyback of 813,000 shares, which will be canceled on September 13, 2024[26]. - The company has not disclosed any changes in the shareholding structure due to margin trading activities[18]. - The company has not identified any related party relationships among the remaining shareholders[18]. Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[4]. - The company plans to delay the "Enterprise Communication Management Platform Construction Project" to December 31, 2025, due to actual construction conditions and investment progress[22]. - The board and supervisory board elections were completed on June 3, 2024[25]. Financial Expenses - The company reported a financial expense of -¥7,268,778.08, compared to -¥8,470,047.35 in the previous period, indicating a reduction in financial costs[32]. - The company received CNY 586,100,000.00 from investment recoveries, significantly higher than CNY 345,000,000.00 in the prior period[35]. - The company reported a tax refund of CNY 2,755,931.39, an increase from CNY 1,665,960.93 in the previous period[35].

Financial Performance - The company's operating revenue for the first half of 2023 was ¥899,844,033.48, representing a 23.54% increase compared to ¥728,381,590.58 in the same period last year[21]. - The net profit attributable to shareholders of the listed company decreased by 19.91% to ¥22,707,634.65 from ¥28,353,514.40 year-on-year[21]. - The basic earnings per share decreased by 20.00% to ¥0.28 from ¥0.35 in the same period last year[21]. - The company's total revenue for the reporting period was 89,984.40 million yuan, an increase of 23.54% compared to the same period last year[51]. - The net profit attributable to shareholders was 2,270.76 million yuan, a decrease of 19.91% year-on-year[52]. - The digital marketing business achieved revenue of 35,573.88 million yuan, a significant increase of approximately 320.03% year-on-year[52]. - The company's total revenue for mobile information services was ¥522,528,770.50, a decrease of 17.82% year-over-year, with a gross margin of 7.98%, which increased by 0.01 percentage points[57]. - The digital marketing business generated revenue of ¥355,738,799.17, reflecting a significant increase of 320.03% year-over-year, although the gross margin decreased by 0.11 percentage points to 4.21%[58]. - The mobile information service business generated revenue of 52,252.88 million yuan, showing a slight decline compared to the previous year due to weak demand and intense competition[52]. Cash Flow and Investments - The net cash flow from operating activities improved significantly, reaching -¥4,799,129.70, a 96.65% increase from -¥143,266,336.11 in the previous year[21]. - The company reported an investment income of ¥3,696,117.00, which accounted for 14.67% of total profit, primarily from interest income on financial products[62]. - Cash and cash equivalents decreased to ¥333,586,781.62, accounting for 26.15% of total assets, down from 33.41% in the previous year[64]. - The total amount of raised funds is 74,958.68 million CNY, with 565.61 million CNY invested during the reporting period[74]. - The company has raised a total of RMB 33,530.56 million in excess funds, with RMB 20,000 million allocated for permanent working capital and RMB 13,000 million invested in bank wealth management products[76]. - The company has authorized cash management limits of up to RMB 5 billion for excess funds and RMB 5 billion for self-owned funds[76]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,275,474,331.62, down 4.62% from ¥1,337,298,346.01 at the end of the previous year[21]. - Total liabilities decreased to ¥101,377,809.29 from ¥171,517,523.87, a reduction of 40.67%[142]. - The company’s accounts receivable increased to ¥315,378,702.10, representing 24.73% of total assets, due to business growth during the reporting period[64]. - The company’s total liabilities and equity amounted to ¥1,275,474,331.62, consistent with the total assets reported[143]. - Cash and cash equivalents at the end of the first half of 2023 totaled ¥280,476,738.96, compared to ¥263,418,018.10 at the end of the first half of 2022[156]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total number of shares is 80,000,000, with 53.53% being restricted shares[126]. - The largest shareholder, Wang Kun, holds 34.68% of the shares, totaling 27,744,994[128]. - The company has 14,158 common stock shareholders at the end of the reporting period[128]. - The company completed its 2022 annual equity distribution, distributing a cash dividend of 3.0 yuan (including tax) per 10 shares, totaling 24 million yuan[98]. Risk Factors and Management - The company has outlined potential risk factors and countermeasures in its report, emphasizing the importance of investor awareness regarding investment risks[4]. - The company faces industry regulatory risks due to increasing government oversight, which may raise compliance costs[86]. - The company is addressing product substitution risks from OTT services by diversifying its customer base[86]. - The company is implementing measures to mitigate accounts receivable collection risks as its business scales up[87]. Corporate Governance and Structure - The company has established a governance structure with a board of directors, supervisory board, and various departments including finance and technology[173]. - The financial report was approved by the board on August 23, 2023, ensuring timely disclosure of financial performance[176]. - The company has established three new subsidiaries during the reporting period, with no significant impact on overall operations and performance[85]. Market and Industry Trends - In 2022, China's internet advertising market saw its first negative growth in 20 years, with total revenue declining by 6.38% to 508.8 billion RMB[41]. - The short video platform became the only segment to achieve market growth in 2022, with a market size of approximately 85.85 billion RMB, reflecting a year-on-year increase of about 5.86%[41]. - The company is actively pursuing the expansion and innovation of data flow, creative content, and media platform resources to drive the digital marketing business's efficient and stable development[41]. Future Outlook - The company did not provide specific future guidance or outlook for the upcoming periods[164]. - The company is focused on enhancing operational efficiency and risk resistance through the development of the enterprise communication management platform[76].

Financial Performance - The company's operating revenue for Q1 2025 was ¥192,580,385.26, a decrease of 43.59% compared to ¥341,386,852.46 in the same period last year[4]. - Net profit attributable to shareholders was ¥10,299,860.51, representing a significant increase of 359.14% from a loss of ¥3,974,567.87 in the previous year[4]. - Basic and diluted earnings per share improved to ¥0.13, up 360.00% from -¥0.05 in the same period last year[4]. - Total operating revenue for the current period is ¥192,580,385.26, a decrease of 43.7% from ¥341,386,852.46 in the previous period[23]. - Net profit for the current period is ¥11,128,418.36, compared to a net loss of ¥4,303,867.20 in the previous period, indicating a significant turnaround[24]. - Earnings per share for the current period is ¥0.13, compared to a loss of ¥0.05 per share in the previous period[25]. Cash Flow - The net cash flow from operating activities was -¥10,368,990.30, a decline of 118.47% compared to ¥56,134,927.50 in Q1 2024[13]. - Cash flow from operating activities increased to ¥809,858,381.18 from ¥505,725,509.69 in the previous period, showing improved cash generation[27]. - Total cash inflow from operating activities was $814.81 million, up from $509.19 million[28]. - Total cash outflow from operating activities increased to $825.18 million from $453.05 million[28]. - Total cash and cash equivalents at the end of the period decreased to $198.94 million from $250.99 million[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,401,442,327.05, a decrease of 2.92% from ¥1,443,609,825.51 at the end of the previous year[4]. - Total liabilities are ¥235,061,148.65, down from ¥261,206,310.17 in the previous period, reflecting a reduction in financial obligations[22]. - The company reported a total current assets of RMB 1,223,033,039.58, slightly down from RMB 1,230,982,746.41 at the beginning of the period, indicating a decrease of approximately 0.6%[20]. - Non-current assets total ¥178,409,287.47, down from ¥212,627,079.10 in the previous period, indicating a reduction in long-term investments[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,203, with no preferred shareholders[14]. - The company plans to repurchase shares with a total amount not less than RMB 30 million and not exceeding RMB 60 million, with a maximum repurchase price set at RMB 45.80 per share[18]. - As of January 17, 2025, the company has repurchased a total of 598,900 shares, accounting for 0.75% of the total share capital, with a total transaction amount of RMB 30,133,000[19]. - The top ten shareholders hold a significant portion of the company’s shares, with Wang Kun holding 34.52% and Meng Qingjuan holding 11.70%[15]. Operational Insights - Research and development expenses decreased by 58.36% to ¥1,830,546.44 from ¥4,395,861.91 in Q1 2024[11]. - Investment income increased by 312.89% to ¥1,181,957.51 compared to ¥286,265.83 in the same period last year[11]. - The company reported a significant increase in government subsidies, with other income rising by 61.26% to ¥680,005.66[11]. - The company experienced a 47.54% reduction in short-term borrowings, decreasing from ¥47,672,518.40 to ¥25,010,816.66[9]. - The company is exploring new market expansion opportunities and potential mergers and acquisitions to enhance its competitive position[20]. - Future guidance indicates a focus on improving operational efficiency and increasing market share through innovative product development and technology advancements[20].

Financial Performance - The company's operating revenue for 2022 was ¥1,737,918,343.41, representing a 34.24% increase compared to ¥1,294,606,482.95 in 2021[18]. - The net profit attributable to shareholders decreased by 40.97% to ¥50,118,820.56 from ¥84,896,793.14 in the previous year[18]. - The basic earnings per share fell by 44.25% to ¥0.63, down from ¥1.13 in 2021[18]. - The total assets increased by 13.81% to ¥1,337,298,346.01 at the end of 2022, compared to ¥1,175,072,763.82 at the end of 2021[18]. - The net assets attributable to shareholders rose by 2.81% to ¥1,166,613,355.43 from ¥1,134,760,103.62 in 2021[18]. - The net cash flow from operating activities was negative at -¥62,563,971.01, a decline of 200.25% from ¥62,408,841.48 in the previous year[18]. - The weighted average return on equity decreased to 4.37% from 9.28% in 2021, a drop of 4.91%[18]. - The company reported a net profit of CNY 50.12 million, a decrease of 40.97% year-on-year, primarily due to external economic pressures[55]. - The gross margin for mobile information services was 8.39%, which decreased by 1.94% year-on-year[63]. - Sales expenses increased by 41.08% to 39,915,000.69 CNY due to business expansion and an increase in sales personnel[73]. Revenue Breakdown - Total revenue for the year was 1,737,918,343.41 CNY, with a peak in Q3 at 663,738,735.43 CNY[20]. - Net profit attributable to shareholders for the year was 49,118,820.56 CNY, with the highest in Q1 at 17,211,819.83 CNY[20]. - The digital marketing business generated revenue of CNY 423.70 million, accounting for 24.38% of total revenue, marking a 100% increase as it was not reported in the previous year[59]. - The mobile information service revenue was CNY 1,296.09 million, which remained relatively stable with a slight increase of 0.14% compared to the previous year[59]. - The gross profit from mobile information services was CNY 108.70 million, with a gross margin decrease of 1.94% due to rising channel prices and intensified competition[56]. Market Trends - The mobile information service market in China saw a 6.4% increase in message volume, reaching 18,748 billion messages in 2022[28]. - The internet advertising market in China experienced a decline of 6.38% in 2022, totaling 508.8 billion CNY, marking the first negative growth in 20 years[32]. - Short video platforms became the main growth direction for internet advertising, with a market size of approximately 858.50 billion CNY in 2022, growing by 5.86% year-on-year[33]. Strategic Initiatives - The company is expanding its client base in the financial sector while also developing international SMS business to enhance operational stability[31]. - The company has established itself as a significant player in the mobile information service industry, covering various sectors including finance and e-commerce[31]. - The company is expanding its international SMS business, having established a subsidiary in Hong Kong in March 2022[41]. - The company aims to enhance customer engagement through a high-quality marketing and operations team, providing 24/7 customer response services[41]. - The company has built a strong technical team focused on mobile information services, enhancing its ability to meet diverse client needs through continuous R&D investment[48]. Governance and Compliance - The company has established a complete governance structure in compliance with relevant laws and regulations, enhancing transparency and fairness in information disclosure[111]. - The board of directors consists of 5 members, including 2 independent directors, meeting legal and regulatory requirements[108]. - The company maintains independence in operations, assets, personnel, and finance from its controlling shareholders[113]. - The company has implemented a comprehensive internal control system to ensure the effectiveness of major investment decisions[110]. - The company respects the rights of stakeholders, including creditors, employees, and customers, fostering mutually beneficial relationships[112]. Shareholder Engagement - The company held its first temporary shareholders' meeting in 2022 with a participation rate of 75.01% on March 17, 2022[118]. - The annual shareholders' meeting in 2021 had a participation rate of 74.82% on May 17, 2022[118]. - The company distributed a cash dividend of ¥3.3 per 10 shares (including tax) to shareholders based on a total share capital of 80 million shares, completed by June 30, 2022[147]. - The company plans to distribute a cash dividend of 3.0 yuan per 10 shares, totaling 24 million yuan, with a distribution base of 80 million shares[150]. Risk Management - The company will implement a comprehensive risk management strategy to address potential risks, including industry regulation, product substitution, accounts receivable recovery, and declining gross margins[102][104]. - The company is focused on enhancing its internal control systems to mitigate operational risks, including contract risk management and customer credit management[102]. Investment and Fund Utilization - The company has invested RMB 15,249.28 million in the enterprise communication management platform project, with a completion rate of 14.39% as of the reporting period[94]. - The distributed operation network construction project has received RMB 13,178.84 million, with a completion rate of 43.07% as of the reporting period[94]. - The company has committed to using the remaining unutilized funds strictly for cash management and operational needs[95]. Employee Management - The total number of employees at the end of the reporting period was 239, with 73 in the parent company and 166 in major subsidiaries[143]. - Employee compensation totaled ¥4,958,462.53, accounting for 0.29% of the company's total costs, with core technical personnel representing 0.84% of the workforce[145]. Legal and Regulatory Matters - There are ongoing lawsuits with a total amount involved of 5.6826 million yuan, but they are not expected to significantly impact the company's operations[186]. - The company has made changes to its accounting policies in response to the Ministry of Finance's new guidelines, effective from January 1, 2022, which will not impact total assets, liabilities, or net profit for the current or prior periods[183].

Financial Performance - The company's operating revenue for 2024 was ¥1,135,600,294.81, a decrease of 23.37% compared to ¥1,481,878,357.20 in 2023[20]. - The net profit attributable to shareholders for 2024 was ¥30,459,433.90, an increase of 15.44% from ¥26,386,120.06 in 2023[20]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥4,234,179.88, a significant decrease of 75.21% compared to ¥17,078,291.57 in 2023[20]. - The net cash flow from operating activities for 2024 was ¥125,206,101.71, a substantial increase of 467.37% from -¥34,081,494.77 in 2023[20]. - The total assets at the end of 2024 were ¥1,443,609,825.51, an increase of 8.30% from ¥1,332,994,410.30 at the end of 2023[21]. - The net assets attributable to shareholders at the end of 2024 were ¥1,175,836,977.73, a decrease of 1.23% from ¥1,190,477,320.24 at the end of 2023[21]. - The company achieved total revenue of CNY 1,135.60 million in 2024, a decrease of 23.37% compared to the previous year[56]. - The net profit attributable to shareholders was CNY 30.46 million, an increase of 15.44% year-on-year[56]. Dividend Distribution - The company plans to distribute a cash dividend of 3.30 CNY per 10 shares (including tax) based on a total share capital of 79,768,900 shares after excluding repurchased shares[4]. - The company distributed a cash dividend of ¥2.7 per 10 shares (including tax) based on a total share capital of 81,180,800 shares, amounting to a total cash dividend of ¥26,323,737.00 (including tax)[146][147]. - The total cash dividend distributed, including other methods, amounts to CNY 46,518,308, which represents 100% of the total profit distribution[148]. Business Operations - The company operates several wholly-owned subsidiaries, including Kashgar Yunhai Network Technology Co., Ltd. and Shenzhen Kaifeng Network Technology Co., Ltd.[12]. - The company is positioned to benefit from the ongoing growth in the mobile information services industry, supported by advancements in 5G technology and increased demand for efficient information transmission[32]. - The company has established a robust technical platform that supports efficient and secure mass SMS delivery, crucial for its mobile information services[40]. - The company is expanding its service offerings to include international SMS services, supporting domestic enterprises in their overseas business expansion[41]. - The company has developed a comprehensive marketing service that includes strategy formulation, resource integration, and performance monitoring, enhancing its competitive edge[44]. Digital Marketing and E-commerce - The digital marketing business is focusing on short video and information flow sectors, establishing stable partnerships with top media platforms like ByteDance and Tencent[42]. - The mobile messaging business volume in China reached 20,162 billion messages in 2024, a year-on-year increase of 7.9%[31]. - The mobile messaging business revenue in China was ¥46.3 billion in 2024, reflecting a growth of 2.5% compared to the previous year[31]. - In 2024, the total revenue from internet marketing reached ¥408,720,244.65, accounting for 35.99% of total operating income, a decrease of 6.81% compared to ¥438,571,724.47 in 2023, which was 29.60% of total operating income[47]. - The e-commerce sector generated ¥103,834,543.67 in revenue, representing 9.14% of total operating income, down 35.41% from ¥160,757,952.31 in 2023, which accounted for 10.85%[48]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and potential risks outlined in the report[4]. - The company faces regulatory risks that may increase compliance costs but will adjust strategies to mitigate operational risks[100]. - The company is addressing potential product substitution risks from OTT services by extending its technology platform and diversifying revenue sources[100]. - The company is managing accounts receivable risks by optimizing client selection and enhancing collection efforts[100]. - The company faces risks of declining gross margins due to market competition and industry fluctuations, and is actively optimizing supplier resources and enhancing operational efficiency to maintain competitiveness[101]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring independent operation without interference from controlling shareholders[109]. - The board of directors consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements and effective decision-making[110]. - The company maintains financial independence with a separate financial department and independent tax obligations, ensuring no shared bank accounts with controlling shareholders[117]. - The company has a structured remuneration management system for its directors and senior management, ensuring transparency and adherence to established standards[130]. - The company has implemented a cautious approach to new business development, focusing on structured design and risk control mechanisms[102]. Employee Management - The total number of employees at the end of the reporting period was 243, with 52 in the parent company and 191 in major subsidiaries[142]. - Employee compensation totaled ¥7,114,009.28, accounting for 0.68% of the total company costs[144]. - The company has a multi-tiered employee compensation system to motivate staff and reflect their contributions[144]. - The company has implemented targeted training plans to enhance employee skills and professional development[145]. Acquisitions and Investments - The company acquired 51% of Fujian Yunying Cultural Media Co., Ltd. on June 11, 2024, expanding its subsidiary portfolio[66]. - The company completed the acquisition of 51% of Fujian Yunying Cultural Media Co., Ltd., integrating its assets, finance, and operations into the company's unified management[164]. - The company has committed to invest a total of 41,428.1 million CNY in various projects, with a cumulative investment of 22,988.97 million CNY as of the reporting period[90]. Internal Control and Audit - The company has established a comprehensive internal control system, with no significant defects identified in financial reporting as of the evaluation report date[161]. - The internal control audit report received a standard unqualified opinion, confirming effective financial reporting internal controls as of December 31, 2024[168]. - The company has not reported any penalties from securities regulatory agencies for its current and recently departed board members[129]. Social Responsibility - The company actively participates in social responsibility initiatives, including supporting underprivileged students through educational programs[175]. - The company emphasizes compliance with laws and regulations to protect the rights of shareholders, especially minority investors[172]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[176].

Financial Performance - The company's operating revenue for 2023 was ¥1,481,878,357.20, a decrease of 14.73% compared to ¥1,737,918,343.41 in 2022[18] - The net profit attributable to shareholders for 2023 was ¥26,386,120.06, down 47.35% from ¥50,118,820.56 in the previous year[18] - The net profit after deducting non-recurring gains and losses was ¥17,078,291.57, reflecting a decline of 61.40% from ¥44,239,314.37 in 2022[18] - The basic earnings per share for 2023 was ¥0.33, a decrease of 47.62% from ¥0.63 in 2022[18] - The total assets at the end of 2023 were ¥1,332,994,410.30, a slight decrease of 0.32% from ¥1,337,298,346.01 at the end of 2022[18] - The net assets attributable to shareholders increased by 2.05% to ¥1,190,477,320.24 from ¥1,166,613,355.43 in 2022[18] - The weighted average return on net assets for 2023 was 2.22%, down from 4.37% in the previous year, indicating a decline of 2.15%[18] - The company reported total revenue of CNY 1,481,878,357.20, a decrease of 14.73% compared to the previous year[56] - Net profit attributable to shareholders was CNY 26,386,100, down 47.35% year-on-year, while the net profit excluding non-recurring items was CNY 17,078,300, a decline of 61.40%[51] Cash Flow and Investments - The net cash flow from operating activities improved to -¥34,081,494.77, a 45.53% increase compared to -¥62,563,971.01 in 2022[18] - The company reported a net profit of ¥24,898,859.14 for the year[74] - Cash and cash equivalents decreased by 12.70% to ¥276,005,931.63 at the end of 2023 from ¥446,744,181.08 at the beginning of the year[78] - Investment activity cash inflow decreased by 26.74% to ¥557,234,704.47 in 2023 from ¥760,609,493.19 in 2022[72] - Total investment during the reporting period was ¥392,000,591.81, a decrease of 27.21% compared to ¥538,524,455.30 in the previous year[84] Revenue Breakdown - Revenue from mobile information services was CNY 1,009,180,647.22, representing 68.10% of total revenue, and decreased by 22.14% year-on-year[56] - The digital marketing business achieved revenue of CNY 438,571,724.47, an increase of 3.51% year-on-year, contributing 29.60% to total revenue[52] - The mobile information service business revenue decreased compared to the previous year due to a slight decline in national SMS business volume and revenue, which fell by 0.3% and 0.7% respectively[28] Operational Developments - The company has outlined potential risks and countermeasures in its future development outlook, emphasizing the importance of risk awareness for investors[4] - The company is actively expanding its international SMS business to enhance operational stability[29] - The company has developed new products such as video SMS and 5G messages to meet emerging customer demands[29] - The company has established stable cooperation with three major telecom operators in China, enhancing its SMS communication resources and competitive edge[44] - The company has developed a comprehensive service chain in digital marketing, covering advertising media agency, creative planning, short video production, and brand strategy[42] Employee and Management Structure - The total number of employees at the end of the reporting period is 233, with 70 in the parent company and 163 in major subsidiaries[136] - The total employee compensation during the reporting period amounted to ¥5,426,718.23, accounting for 0.39% of the total company costs[137] - The company has a structured remuneration management system for its directors and senior management, which is approved by the shareholders' meeting[126] - The company has implemented a stock incentive plan, with the first vesting period for restricted stock expected to be completed by February 2024[116] Governance and Compliance - The company has established a governance framework to ensure compliance with laws and regulations, enhancing operational transparency and protecting minority shareholders[107] - The board of directors consists of 5 members, including 2 independent directors, ensuring compliance with relevant regulations[108] - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, establishing core competitiveness[110] - The company has established a clear asset ownership structure, ensuring no reliance on shareholders' operational premises[111] Future Outlook and Strategy - The company plans to enhance its mobile information services and digital marketing capabilities, focusing on financial clients and international SMS business expansion[97] - In 2024, the company aims to strengthen its sales team and optimize client relationships to increase market share and improve operational efficiency[98] - The company will invest in technology research and development to meet diverse client needs and prepare for advancements in 5G and artificial intelligence[99] - The company anticipates potential risks from industry regulation changes and product substitution, particularly from OTT services like WeChat and QQ[100] Shareholder Commitments - The company has committed to not reducing its shareholding for three years post-IPO and will not sell shares at a price lower than the issuance price during the subsequent two years[166] - The company guarantees that its IPO prospectus does not contain any false records or misleading statements, and will compensate investors for losses if any discrepancies are found[167] - Major shareholders are required to notify the company at least three trading days in advance before any share reduction, ensuring compliance with disclosure requirements[166] Environmental and Social Responsibility - The company emphasizes compliance with environmental regulations and is not classified as a key pollutant discharge unit by environmental authorities[160] - The company has not faced any administrative penalties related to environmental issues during the reporting period[161] - The company adheres to legal compliance and actively fulfills social responsibilities, aiming for a balance between economic and social benefits[162]

Financial Performance - The company's operating revenue for the first half of 2024 was ¥528,566,981.98, a decrease of 41.26% compared to ¥899,844,033.48 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥2,135,722.36, down 90.59% from ¥22,707,634.65 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was -¥5,244,445.88, representing a decline of 125.74% compared to ¥20,371,649.80 in the same period last year[22]. - Basic earnings per share decreased to ¥0.03, down 89.29% from ¥0.28 in the same period last year[22]. - The company reported a total operating profit of CNY -477,788.46 for the first half of 2024, compared to CNY 15,687,369.48 in the first half of 2023, marking a significant decline[176]. - The total comprehensive income for the first half of 2024 was CNY 3,086,291.06, compared to CNY 16,751,621.09 in the first half of 2023, reflecting a decrease of 81.6%[176]. Cash Flow and Investments - The net cash flow from operating activities increased significantly to ¥35,597,926.26, compared to -¥4,799,129.70 in the previous year, marking an increase of 841.76%[22]. - The net cash flow from operating activities for the first half of 2024 was CNY 35,597,926.26, a significant improvement from a negative cash flow of CNY -4,799,129.70 in the same period of 2023[179]. - Total cash inflow from investment activities increased to 476,187,464.80 in the first half of 2024, up from 328,735,851.51 in the first half of 2023, reflecting a growth of approximately 44.8%[182]. - Cash outflow for investment activities rose to 497,443,862.75 in the first half of 2024, compared to 308,426,301.38 in the previous year, marking an increase of about 61.3%[182]. - The net cash flow from investment activities was -21,256,397.95 for the first half of 2024, a decline from 20,309,550.13 in the same period of 2023[182]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,381,165,536.69, an increase of 3.61% from ¥1,332,994,410.30 at the end of the previous year[22]. - The total liabilities increased to ¥205,349,590.58 from ¥144,836,884.27, an increase of approximately 42.0%[166]. - The total equity attributable to shareholders decreased to ¥1,170,694,226.60 from ¥1,190,477,320.24, a decline of about 1.7%[166]. - Current liabilities rose to ¥205,116,190.26, compared to ¥143,389,367.49, marking an increase of about 43.0%[165]. - The company’s total liabilities at the end of the reporting period were 26,975,063.65 yuan[197]. Business Operations - The mobile information service industry is experiencing stable growth, driven by advancements in AI, 5G, big data, and cloud computing, despite a decline in profit margins due to increased competition[30]. - The company has established partnerships with major telecom operators, including China Mobile, China Unicom, and China Telecom, to secure communication resources for its services[31]. - The digital marketing business is positioned in the fast-growing internet advertising market, which reached 351.4 billion in the first half of 2024, reflecting a year-on-year growth of 11.8%[36]. - The company has expanded its digital marketing capabilities through the acquisition of Fujian Yunying Cultural Media Co., which is a key service provider for Tencent advertising in the region[39]. - The company’s mobile information services are supported by a robust technical platform, enabling efficient handling of large volumes of SMS traffic and providing real-time data analysis for clients[35]. Shareholder and Capital Management - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company completed the registration of 1,180,800 shares from the first vesting period of the 2022 restricted stock incentive plan, increasing the total number of shares from 80 million to 81,180,800[21]. - The company has committed investment projects totaling RMB 41,428.12 million, with a cumulative investment of RMB 22,604.23 million, achieving a progress rate of 51.8%[75]. - The company plans to repurchase shares using self-owned funds between RMB 15 million and RMB 30 million, with a maximum repurchase price of RMB 39.57 per share[141]. - The company has voluntarily extended the lock-up period for certain shareholders by an additional 6 months, from March 22, 2024, to September 21, 2024[114]. Research and Development - The company’s R&D investment was CNY 7,892.46 million, a decrease of 12.03% compared to the previous year[51]. - Research and development expenses for the first half of 2024 were CNY 5,863,486.80, slightly down from CNY 6,128,709.85 in the first half of 2023[175]. Risks and Challenges - The company faces risks including industry regulatory risks, product substitution risks, and accounts receivable recovery risks, which it plans to mitigate through strategic adjustments[86][87]. - The company is exploring new business developments in digital marketing and artificial intelligence, aiming to enhance long-term performance and operational efficiency[88].

Financial Performance - The company's operating revenue for Q1 2024 was ¥341,386,852.46, a decrease of 23.06% compared to ¥443,678,585.87 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥3,974,567.87, representing a decline of 131.38% from a profit of ¥12,666,123.02 in Q1 2023[4] - The basic and diluted earnings per share were both -¥0.05, down 131.25% from ¥0.16 in the same quarter last year[4] - Net profit for the period was a loss of ¥4,303,867.20 compared to a profit of ¥12,615,236.15 in the previous year, indicating a significant decline in profitability[29] - The company's operating profit turned negative at ¥-6,920,272.83, down from ¥14,476,324.95 in the prior year[28] Cash Flow - The net cash flow from operating activities increased significantly by 344.10%, reaching ¥56,134,927.50, compared to a negative cash flow of ¥22,996,448.42 in the previous year[4] - Total cash inflow from operating activities is ¥509,188,058.08, down 43.3% from ¥899,337,177.81 in the previous period[30] - Cash outflow from operating activities decreased to ¥453,053,130.58 from ¥922,333,626.23, representing a reduction of 50.9%[30] - Net cash flow from investment activities is -¥41,885,459.83, a decline from a positive cash flow of ¥2,790,843.13 in the previous period[31] - The ending cash and cash equivalents balance is ¥250,996,012.04, down from ¥306,768,163.20 in the previous period[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,352,947,385.75, reflecting a 1.50% increase from ¥1,332,994,410.30 at the end of the previous year[4] - Total liabilities rose to ¥169,093,726.92 from ¥144,836,884.27, marking an increase of about 16.6%[25] - Total current assets amount to 1,105,469,586.62 RMB, slightly up from 1,102,978,335.66 RMB at the beginning of the year[23] - Cash and cash equivalents decreased from 276,005,931.63 RMB to 253,391,623.34 RMB[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,141[16] - The largest shareholder, Wang Kun, holds 34.18% of shares, totaling 27,744,994 shares[16] - The second-largest shareholder, Men Qingjuan, holds 11.58% of shares, totaling 9,403,115 shares[16] Operational Adjustments - The company approved an adjustment to the stock incentive plan, changing the grant price from 15.72 RMB to 15.42 RMB per share[20] - The company plans to grant 750,000 restricted stocks to 22 incentive targets at the adjusted price[20] - The first vesting condition for the 2022 stock incentive plan has been achieved, with 118,080 shares eligible for listing on February 5, 2024[21] - The company plans to focus on cost reduction strategies and improving operational efficiency in the upcoming quarters[29] Income and Expenses - The company reported a significant decrease in other income, which fell by 87.67% to ¥421,695.29 from ¥3,419,154.28 in the previous year[12] - Investment income decreased by 73.90%, amounting to ¥286,265.83 compared to ¥1,096,659.77 in Q1 2023[12] - Total operating costs decreased to ¥349,747,899.32 from ¥432,595,769.96, a reduction of about 19.2% year-over-year[28] - The company experienced a 192.50% increase in accounts payable, which rose to ¥63,621,267.78 from ¥21,750,787.82 in the previous year[9] - The company reported a decrease in short-term borrowings by 37.39%, down to ¥49,867,291.67 from ¥79,650,083.32[9]