Financial Performance - The company's operating revenue for Q1 2023 was ¥499,642,495.04, representing a 42.42% increase compared to ¥350,820,552.86 in the same period last year[4] - The net profit attributable to shareholders decreased by 26.41% to ¥12,666,123.02 from ¥17,211,819.83 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 30.06% to ¥11,195,794.80 compared to ¥16,007,750.55 in the previous year[4] - Operating profit for the period was CNY 14,476,324.95, a decrease from CNY 19,479,881.76, reflecting a decline of approximately 25.5%[22] - The total profit for the period was 14,475,533.36, a decrease from 19,479,881.76 in the previous period, representing a decline of approximately 25.5%[23] - The net profit for the period was 12,615,236.15, down from 17,156,807.93, indicating a decrease of about 26.5%[23] - The basic and diluted earnings per share were both 0.16, compared to 0.22 in the previous period, reflecting a decline of approximately 27.3%[24] Cash Flow - The net cash flow from operating activities improved by 78.69%, reaching -¥22,996,448.42, compared to -¥107,905,942.30 in the same period last year[4] - Cash inflows from operating activities totaled 899,337,177.81, significantly higher than 370,846,274.67 in the previous period, marking an increase of about 142.3%[24] - Cash outflows from operating activities amounted to 922,333,626.23, up from 478,752,216.97, which is an increase of approximately 92.7%[25] - The net cash flow from operating activities was -22,996,448.42, an improvement from -107,905,942.30 in the previous period[25] - Cash flow from investment activities generated a net inflow of 2,790,843.13, compared to a net outflow of -20,776,434.67 previously, indicating a turnaround[25] - The total cash and cash equivalents decreased by 56,105,846.62, compared to a decrease of 129,272,878.89 in the previous period, showing a reduced cash burn[25] - The company received 130,000,000.00 in cash from investment recoveries, up from 100,000,000.00 in the previous period, reflecting a 30% increase[25] - The company paid 35,000,000.00 in debt repayments during the period, with total cash outflows from financing activities amounting to 35,896,136.26[25] Expenses - The company's sales expenses surged by 90.11% to ¥13,312,098.49, driven by increased business expansion and promotional costs[10] - The management expenses rose significantly by 161.05% to ¥10,413,817.56 due to new equity incentive costs[10] - Total operating costs amounted to CNY 488,559,679.13, up from CNY 329,114,125.21, indicating a rise of about 48.5%[22] - Research and development expenses for the period were CNY 4,861,244.25, down from CNY 5,318,814.89, indicating a decrease of approximately 8.6%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,329,786,957.81, a decrease of 0.56% from ¥1,337,298,346.01 at the end of the previous year[4] - Cash and cash equivalents at the end of the period were CNY 360,389,608.92, down from CNY 446,744,181.08 at the beginning of the year, a decrease of about 19.3%[17] - Accounts receivable increased to CNY 338,170,770.98 from CNY 301,700,575.70, showing a growth of approximately 12.1%[17] - Total liabilities decreased to CNY 146,714,741.80 from CNY 171,517,523.87, a reduction of approximately 14.5%[19] - The company's equity attributable to shareholders increased to CNY 1,183,955,636.17 from CNY 1,166,613,355.43, reflecting a growth of about 1.5%[19]

证券代码：300959 证券简称：线上线下 无锡线上线下通讯信息技术股份有限公司投资者关系活动记录表 编号：2021-001 | --- | --- | --- | --- | --- | --- | |----------------|--------------------------------------------------------|--------------------------------------------------|-------|-------|----------------| | | | | | | | | 投资者关系活动 | □特定对象调研 | □分析师会议 | | | | | 类别 | □媒体采访 | 业绩说明会 | | | | | | □新闻发布会 | □路演活动 | | | | | | □现场参观 | | | | | | | □其他 | （请文字说明其他活动内容） | | | | | 参与单位名称及 | 参与公司 2020 | 年度网上业绩说明会的投资者。 | | | | | | | | | | | | 人员姓名 | | | | | | | 时间 | 2021 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥744,234,221.27, representing a 121.57% increase compared to the same period last year[3]. - The net profit attributable to shareholders decreased by 48.28% to ¥13,908,853.03 in Q3 2022, while the net profit after deducting non-recurring gains and losses fell by 32.37% to ¥12,940,361.58[3]. - The company reported total operating revenue of ¥1,533,275,312.39 for the current period, an increase of approximately 56.8% compared to ¥976,829,975.69 in the previous period[30]. - The net profit for the current period was ¥41,768,877.70, a decrease of approximately 37.1% from ¥66,359,394.95 in the previous period[31]. - The total comprehensive income for the period was CNY 41,768,877.70, compared to CNY 66,359,394.95 in the previous period, representing a decrease of approximately 37%[32]. - Basic and diluted earnings per share were both CNY 0.53, down from CNY 0.90 in the previous period, indicating a decline of about 41.1%[32]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥1,331,151,577.60, an increase of 13.28% from the end of the previous year[3]. - The total assets of the company increased to ¥1,331,151,577.60 from ¥1,175,072,763.82, reflecting a growth of approximately 13.3%[28]. - The total liabilities increased to ¥177,960,356.28 from ¥40,312,660.20, showing a significant rise[28]. - The company's equity attributable to shareholders rose to ¥1,153,684,711.05 from ¥1,134,760,103.62, an increase of about 1.7%[28]. Cash Flow - The cash flow from operating activities showed a significant decline, with a net outflow of ¥209,388,152.52, a decrease of 1307.83% compared to the same period last year[15]. - Cash inflow from operating activities was CNY 1,855,068,148.84, an increase of approximately 69.7% from CNY 1,094,346,678.39 in the previous period[35]. - The net cash flow from operating activities was negative at CNY -209,388,152.52, compared to a positive CNY 17,335,918.47 in the previous period[35]. - Cash inflow from investment activities was CNY 695,149,116.05, compared to CNY 301,747,616.84 in the previous period, showing an increase of about 130%[36]. - The net cash flow from investment activities was CNY 17,055,004.90, a significant improvement from CNY -521,714,953.97 in the previous period[36]. - The company reported a cash inflow from financing activities of CNY 30,262,182.03, a decrease of about 95.4% from CNY 663,644,324.78 in the previous period[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,751[16]. - The largest shareholder, Wang Kun, holds 34.68% of the shares, totaling 27,744,994 shares[16]. - The second-largest shareholder, Men Qingjuan, holds 11.75% of the shares, totaling 9,403,115 shares[16]. - The top ten shareholders include both individual and institutional investors, with significant stakes held by domestic natural persons[16]. Research and Development - Research and development expenses increased by 52.00% to ¥15,691,200.07 in the first nine months of 2022, reflecting the company's commitment to innovation[13]. - Research and development expenses rose to ¥15,691,200.07 from ¥10,323,254.10, indicating an increase of about 52.5%[31]. Incentive Plans - The company has a total of 375,000 restricted stock options planned for the 2022 incentive plan, representing 4.69% of the total share capital[20]. - The initial grant of restricted stock is 300,000 shares, which is 3.75% of the total share capital[21]. - The grant price for the restricted stock is set at 15.72 RMB per share[21]. - The company has identified 50 individuals as initial recipients of the restricted stock options[22]. - The company plans to reserve 75,000 shares for future incentive recipients, which is 0.94% of the total share capital[20]. Operational Changes - The company has undergone changes in its board of directors and supervisory board, with new appointments made in August 2022[19]. - The company has postponed the completion date for the "Enterprise Communication Management Platform" project to June 30, 2024, and the "Distributed Operation Network" project to December 31, 2023[23]. Other Financial Metrics - The weighted average return on equity decreased to 1.22%, down 1.22 percentage points from the previous year[3]. - The company's financial income improved significantly, with investment income rising by 197.20% to ¥5,149,345.22, attributed to increased returns from financial products[13]. - The company's cash and cash equivalents decreased to ¥361,137,849.70 from ¥608,566,490.78, representing a decline of about 40.6%[24]. - Accounts receivable increased significantly to ¥397,416,253.37 from ¥183,000,049.86, marking a growth of approximately 117.5%[24].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥789,041,091.12, representing a 23.11% increase compared to ¥640,943,096.35 in the same period last year[23]. - The net profit attributable to shareholders decreased by 28.16% to ¥28,353,514.40 from ¥39,465,660.21 year-on-year[23]. - The net profit after deducting non-recurring gains and losses fell by 35.29% to ¥24,696,328.27 compared to ¥38,166,467.07 in the previous year[23]. - Basic and diluted earnings per share decreased by 37.50% to ¥0.35 from ¥0.56 year-on-year[23]. - The weighted average return on net assets dropped by 3.04 percentage points to 2.48% from 5.52% in the previous year[23]. - The net profit attributable to shareholders was 28.35 million yuan, a decrease of 28.16% year-on-year, reflecting challenges faced during the reporting period[52]. - The total comprehensive income for the first half of 2022 was ¥28,133,931.40, down from ¥39,465,660.21 in the same period of 2021[151]. Cash Flow and Investments - The net cash flow from operating activities was negative at ¥-143,266,336.11, a significant decline of 1482.68% from ¥10,361,510.53 in the same period last year[23]. - The company reported a 100.55% decrease in cash flow from financing activities, totaling -3,674,713.82 CNY, as there were no new funds raised from stock issuance[56]. - The company experienced a 111.30% increase in cash flow from investment activities, recovering 66,830,581.95 CNY from bank wealth management products[56]. - Total cash inflow from operating activities was 919,316,101.10 CNY, while cash outflow was 1,062,582,437.21 CNY, resulting in a cash flow deficit[157]. - Cash flow from investment activities showed a net inflow of 66,830,581.95 CNY, a recovery from a net outflow of -591,630,974.34 CNY in the previous period[158]. Assets and Liabilities - Total assets increased by 4.51% to ¥1,228,009,948.51 from ¥1,175,072,763.82 at the end of the previous year[23]. - The company's total assets at the end of the reporting period were 1,769,000,000.00 CNY, up from 1,089,300,000.00 CNY in the previous year, indicating a growth of approximately 62.3%[172]. - The total liabilities at the end of the reporting period were 478 million yuan, indicating a manageable debt level relative to assets[165]. - The company's total liabilities increased to CNY 91,515,913.49 from CNY 40,312,660.20, which is an increase of approximately 127.5%[143]. Revenue Breakdown - The mobile information service revenue was 635.85 million yuan, remaining flat compared to the previous year, impacted by frequent COVID-19 outbreaks in key regions[52]. - The company's digital marketing business achieved revenue of 145.35 million yuan in the first half of 2022, marking significant growth as it entered a stable operational phase[44]. - The company's revenue from digital marketing business accounted for approximately 18.42% of total revenue in the first half of 2022[56]. - Revenue from mobile information services was 635,854,311.06 CNY, a decrease of 0.79% compared to the previous year, with a gross margin of 7.97%[60]. Research and Development - The company reported a 64.19% increase in R&D investment, totaling 10,054,101.61 CNY, due to an increase in R&D personnel and expenditures[56]. - Research and development expenses increased to ¥10,054,101.61, representing a 64.5% rise from ¥6,123,343.72 in the previous year[149]. Market and Business Strategy - The company has undergone a change in its business scope to include various telecommunications services and technology-related activities[22]. - The company is actively developing international SMS business, having set up a subsidiary in Hong Kong in March 2022[36]. - The company has established a national marketing network, with regional operation centers in major cities like Shanghai, Shenzhen, and Beijing, enhancing its market expansion efforts[36]. - The company plans to continue expanding its data flow, creative content, and media platform resources to drive more efficient and stable growth in its digital marketing business[47]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - Major shareholder Wang Kun holds 34.68% of the shares, totaling 27,744,994 shares[127]. - The total number of ordinary shareholders at the end of the reporting period was 14,128[127]. Regulatory and Compliance - The company faces regulatory risks due to increasing government oversight in the mobile information industry, which may raise compliance costs[84]. - The company emphasizes legal compliance and social responsibility, ensuring transparent communication with investors and protecting employee rights[97]. - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[101]. Miscellaneous - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board to enhance operational efficiency[178]. - The company operates in the software and information technology industry, focusing on mobile information services and digital marketing[178]. - The financial statements were prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy[181].

Financial Performance - The company's revenue for Q1 2022 was CNY 350,820,552.86, representing a 4.96% increase compared to CNY 334,238,927.42 in Q1 2021[4] - The net profit attributable to shareholders decreased by 17.82% to CNY 17,211,819.83 from CNY 20,943,596.44 in the same period last year[4] - Basic and diluted earnings per share fell by 37.14% to CNY 0.22 from CNY 0.35 in the previous year[4] - Net profit for the current period was ¥17,156,807.93, a decrease of 18.5% from ¥20,943,596.44 in the previous period[25] Cash Flow - The net cash flow from operating activities was negative at CNY -107,905,942.30, a decline of 258.62% compared to CNY 68,027,228.91 in Q1 2021[4] - The net cash flow from operating activities was negative at -¥107,905,942.30, compared to a positive cash flow of ¥68,027,228.91 in the previous period[26] - Cash inflow from investment activities totaled $100,797,414.69, with cash outflow amounting to $121,573,849.36, resulting in a net cash flow of -$20,776,434.67 from investment activities[27] - Cash inflow from financing activities reached $768,800,000.00, while cash outflow was $590,501.92, leading to a net cash flow of -$590,501.92 from financing activities[27] - The net increase in cash and cash equivalents was -$129,272,878.89, with a closing balance of $214,255,399.83[27] - The company reported a cash balance at the beginning of the period of $343,528,278.72[27] Assets and Liabilities - Total assets increased by 2.24% to CNY 1,201,362,431.68 from CNY 1,175,072,763.82 at the end of the previous year[4] - Total current assets decreased from CNY 1,139,993,594.20 to CNY 1,165,956,104.72, reflecting an increase of approximately 2.4%[19] - Total liabilities increased from CNY 37,996,983.21 to CNY 47,583,009.36, an increase of approximately 25.1%[20] - The total liabilities rose to ¥49,445,520.13, compared to ¥40,312,660.20, indicating an increase of 22.5%[24] Accounts Receivable and Payable - The company's accounts receivable rose by 74.18% due to extended collection periods influenced by the pandemic[8] - Accounts receivable increased significantly from CNY 183,000,049.86 to CNY 318,756,627.34, representing an increase of approximately 74.2%[19] - The company reported a significant increase in accounts payable from CNY 20,797,026.42 to CNY 27,965,781.51, an increase of approximately 34.1%[20] Research and Development - Research and development expenses surged by 87.86% to CNY 5,318,814.89, reflecting an increase in R&D personnel[11] - Research and development expenses increased significantly to ¥5,318,814.89, up from ¥2,831,216.86, marking an increase of 87.5%[24] Shareholder Information - The top shareholder, Wang Kun, holds 34.68% of the shares, totaling 27,744,994 shares[15] - The second-largest shareholder, Men Qingjuan, holds 11.75% of the shares, totaling 9,403,115 shares[15] - The company has a total of 17,175,196 restricted shares that have been released for trading as of March 22, 2022[17] - The company has a total of 8,219,019 shares held by Guangdong Yijian Investment Co., Ltd., which is a significant stakeholder[15] Investment Activities - The company reported a 100% increase in investment income to CNY 797,414.69 from new bank wealth management product investments[11] - The company is focused on expanding its investment activities, as indicated by significant cash inflows from investments[27] - The company has engaged in asset disposals, recovering $15,000.00 from the disposal of fixed and intangible assets[27] - The company has made substantial investments totaling $120,000,000.00 during the reporting period[27] Financial Position - The weighted average return on equity decreased by 4.75 percentage points to 1.51% from 6.26% in the previous year[4] - The total equity attributable to shareholders of the parent company was ¥1,151,971,923.45, up from ¥1,134,760,103.62, reflecting a growth of 1.52%[24] - The company reported a financial expense of -¥2,495,676.24, a significant improvement compared to the previous period's expense of ¥425,497.03[24] - Deferred income tax liabilities increased to ¥812,519.74 from ¥676,140.31, representing a rise of 20.2%[24] Reporting and Audit - The first quarter report was not audited, indicating preliminary financial data[28] - The report was issued by the board of directors on April 26, 2022, reflecting timely financial disclosures[29]

Dividend Distribution - The company plans to distribute a cash dividend of 3.3 yuan per 10 shares (including tax) to all shareholders, based on a total share capital of 80 million shares [4]. - The company has a total of 8 million shares for the dividend distribution plan, with no bonus shares issued [4]. - The company distributed a cash dividend of ¥26,400,000, with a payout of ¥3.3 per 10 shares, based on a total share capital of 80 million shares [148]. Financial Performance - The company's operating revenue for 2021 was approximately ¥1.29 billion, representing a 17.48% increase compared to ¥1.10 billion in 2020 [22]. - The net profit attributable to shareholders for 2021 was approximately ¥84.90 million, a slight increase of 1.89% from ¥83.32 million in 2020 [22]. - The net profit after deducting non-recurring gains and losses decreased by 9.94% to approximately ¥72.53 million in 2021 from ¥80.54 million in 2020 [22]. - The net cash flow from operating activities surged by 938.87% to approximately ¥62.41 million in 2021, compared to ¥6.01 million in 2020 [22]. - The total assets at the end of 2021 reached approximately ¥1.18 billion, a significant increase of 172.13% from ¥431.81 million at the end of 2020 [22]. - The net assets attributable to shareholders increased by 249.94% to approximately ¥1.13 billion at the end of 2021, compared to ¥324.28 million at the end of 2020 [22]. - The company achieved a total revenue of ¥1,294,606,482.95 in 2021, representing a year-on-year growth of 17.48% [53]. - The net profit attributable to shareholders was ¥84,896,793.14, an increase of 1.89% compared to the previous year [53]. - The net profit excluding non-recurring gains and losses decreased by 9.94% to ¥72,528,554.76 [53]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and potential risks outlined in the report [4]. - The company has outlined its future development outlook and potential risk factors in the management discussion section [4]. - The company aims to improve its internal control system to mitigate operational risks, focusing on contract risk management and customer credit management [99]. - The company faces potential risks from industry regulation changes, which could increase compliance costs and impact operations; it plans to enhance operational management to reduce risks [99]. - The company acknowledges the risk of product substitution from OTT services like WeChat and QQ, and intends to diversify its customer base to mitigate this risk [100]. - The company is addressing accounts receivable recovery risks by enhancing the responsibilities of sales personnel and optimizing customer selection [102]. Research and Development - Research and development personnel increased by 81.08% year-on-year, with R&D investment rising by 83.93%, enhancing the company's technological capabilities [46]. - Research and development expenses increased by 83.93%, with the number of R&D personnel growing by 81.08% [55]. - The company is increasing investment in technology and strengthening its core technical team to meet diverse customer needs and prepare for future 5G developments [98]. Market Position and Strategy - The company is involved in the software and information technology services industry, adhering to relevant disclosure requirements [4]. - The company is positioned in a competitive mobile information service industry, with increasing market concentration due to regulatory improvements and the emergence of strong players [33]. - The rollout of 5G networks is expected to provide significant growth opportunities for the mobile information service sector, enhancing demand for identity verification and basic validation services [34]. - The company has established long-term stable partnerships with the three major telecom operators in China, ensuring a continuous supply of communication resources [49]. - The company has a clear strategy for market expansion and technological development, focusing on mobile information services [115]. Corporate Governance - The board of directors consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements and effective governance [107]. - The company maintains transparency in information disclosure, adhering to regulations and ensuring equal access to information for all shareholders [111]. - The company maintains operational independence from its controlling shareholders, with a complete and independent asset, procurement, technology, operation, and sales system [112]. - The financial department operates independently, adhering to the accounting laws and standards, and the company has its own bank accounts without sharing with controlling shareholders [114]. - The company is committed to maintaining the interests of minority shareholders and ensuring healthy corporate governance [136]. Employee Management - The total number of employees at the end of the reporting period was 207, with 91 in the parent company and 116 in major subsidiaries [141]. - The total employee compensation for the reporting period was ¥4,950,177.36, accounting for 0.43% of the total company costs [143]. - The company has a total of 101 employees with a bachelor's degree or higher, representing approximately 48.8% of the workforce [142]. - The company has a multi-tiered employee compensation system to motivate staff and respect their contributions [143]. - The company has been expanding its management team with experienced professionals from various sectors [126]. Shareholder Relations - The company has committed to transparency in its operations and will publicly disclose reasons for any unfulfilled commitments [171]. - The company will ensure that any expansion of its product and business scope will not lead to competition with its own offerings [169]. - The company has a long-term commitment to fulfill all public promises made during its initial public offering and will accept social supervision [171]. - The company will take responsibility for any tax obligations arising from past equity transfers and will cover any economic losses incurred due to tax non-compliance [171]. Financial Management - The company has implemented a new accounting policy regarding leases effective from January 1, 2021, in accordance with the revised leasing standards [173]. - The company has reported a total of 67,500,000 CNY in entrusted financial management, with an outstanding balance of 19,000,000 CNY [188]. - The company has invested 27,500,000 CNY from its own funds and 40,000,000 CNY from raised funds in bank financial products [188]. - The annualized return on bank financial products ranges from 3.00% to 3.30% [190]. - The company has not reported any significant leasing projects that would impact its profit by more than 10% during the reporting period [184].

1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人保证季度报告中财务信息的真实、准 确、完整。 证券代码：300959 证券简称：线上线下 公告编号：2021-054 无锡线上线下通讯信息技术股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 重要内容提示： 3.第三季度财务会计报告未经审计。 一、主要财务数据 (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 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 335,886,879.34 | 1.59% | 976,829,975.69 | 28.63% | | 归属于上市公司股东的净利润（元） | 26,893,734.74 ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥640,943,096.35, representing a 49.48% increase compared to ¥428,792,295.41 in the same period last year[25]. - The net profit attributable to shareholders for the first half of 2021 was ¥39,465,660.21, an increase of 13.95% from ¥34,633,362.95 in the previous year[25]. - The net cash flow from operating activities surged by 429.18% to ¥10,361,510.53, compared to ¥1,958,040.15 in the same period last year[25]. - Total assets at the end of the reporting period reached ¥1,127,644,570.27, a 161.14% increase from ¥431,810,979.39 at the end of the previous year[25]. - The net assets attributable to shareholders increased by 235.93% to ¥1,089,328,970.69, compared to ¥324,276,518.03 at the end of the previous year[25]. - The basic earnings per share for the first half of 2021 was ¥0.56, a decrease of 3.45% from ¥0.58 in the same period last year[25]. - The weighted average return on net assets decreased by 7.89 percentage points to 5.52% compared to 13.41% in the previous year[25]. Market Position and Strategy - The company has established a competitive advantage in the mobile information service sector, serving major clients such as Alibaba, Tencent, and Huawei[41]. - The company is focused on expanding its market presence in sectors such as finance, e-commerce, and logistics, which are experiencing increased demand for mobile information services[41]. - The company is focusing on the development of 5G rich media messaging (RCS) as a key future direction for its mobile information services[51]. - The company has established long-term stable partnerships with major telecom operators, enhancing its competitive edge[48]. Research and Development - The company has invested in R&D for core technologies, including distributed messaging queue services and efficient pre-write log systems, to support business growth[35]. - Research and development expenses increased by 121.82% to ¥6,123,343.72, driven by an increase in R&D personnel[55]. Financial Management - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company has not reported any significant changes in its registration status during the reporting period[23]. - The company completed its initial public offering of 20 million shares in March 2021, increasing its registered capital from ¥60 million to ¥80 million[24]. - The company has remaining unused raised funds of ¥52,487.37 million, with ¥43,000 million allocated to bank financial products[73]. - The company has committed to invest a total of RMB 74,958.6 million, with RMB 22,625.1 million already utilized, representing a progress rate of 30.2%[76]. Risks and Compliance - The company faces risks related to industry regulation, product substitution, business singularity, accounts receivable recovery, and declining gross margins[86][87][90]. - The company plans to enhance operational management and platform technology development to mitigate regulatory compliance costs[86]. - The company strictly adheres to laws and regulations, ensuring timely and fair information disclosure to enhance transparency and credibility[100]. Shareholder Information - The total number of shares increased from 60 million to 80 million due to the issuance of 20 million new shares[123]. - The total number of ordinary shareholders at the end of the reporting period was 19,623, with the largest shareholder holding 34.68% of the shares[127]. - The top three shareholders include Wang Kun with 34.68%, Men Qingjuan with 11.75%, and Guangdong Yijian Investment Co., Ltd. with 10.27%[127]. Financial Statements and Accounting - The financial report was approved by the board on August 25, 2021, and includes consolidated financial statements from nine subsidiaries[173]. - The financial statements comply with the requirements of the accounting standards, accurately reflecting the company's financial position as of June 30, 2021[177]. - The company has included the financial results of subsidiaries acquired during the reporting period in its consolidated financial statements[186]. - The company recognizes financial assets at fair value upon initial recognition, with transaction costs directly expensed for those measured at fair value through profit or loss[199].

Financial Performance - Revenue for Q1 2021 reached ¥334,238,927.42, an increase of 63.30% compared to ¥204,681,586.90 in the same period last year[7] - Net profit attributable to shareholders was ¥20,943,596.44, up 9.01% from ¥19,211,952.38 year-on-year[7] - Basic earnings per share rose to ¥0.35, reflecting a 9.37% increase from ¥0.32 in the same period last year[7] - The company reported a net profit of CNY 145,857,215.38 for the current period, up from CNY 135,820,223.10 in the previous period, reflecting a growth of 7.6%[41] - The total profit for Q1 2021 was CNY 25,071,408.62, compared to CNY 22,294,072.67 in the same period last year, reflecting an increase of 12.5%[45] - The company reported a total comprehensive income of CNY 20,943,596.44 for Q1 2021, compared to CNY 19,211,952.38 in Q1 2020, marking an increase of 9.0%[46] Cash Flow - Net cash flow from operating activities improved significantly to ¥68,027,228.91, a 238.13% increase from a negative cash flow of ¥49,248,172.96 in the previous year[7] - Cash flow from operating activities was CNY 349,608,627.25, significantly higher than CNY 117,875,784.24 in the previous year[52] - Total cash inflow from financing activities reached ¥768,800,000.00, primarily from investments, while cash outflow for financing activities was ¥67,475,072.20, resulting in a net cash flow of ¥701,324,927.80[54] - Cash inflow from operating activities totaled ¥348,131,429.52, compared to ¥119,788,136.35 in the previous year, showing a growth of approximately 190%[55] - The cash outflow for purchasing goods and services was ¥258,069,743.35, which is an increase from ¥142,251,307.34 year-over-year, indicating higher operational costs[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,183,326,672.76, a 174.04% increase from ¥431,810,979.39 at the end of the previous year[7] - The company’s total liabilities amounted to CNY 88,519,765.84, down from CNY 107,534,461.36, a decrease of 17.7%[37] - Current liabilities decreased to CNY 87,665,290.02 from CNY 106,606,629.79, reflecting a reduction of approximately 17.8%[37] - Cash and cash equivalents rose to CNY 849,846,283.02 from CNY 84,049,259.29 at the end of 2020[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,487[10] - The largest shareholder, Wang Kun, holds 34.68% of the shares, totaling 27,744,994 shares[10] - Net assets attributable to shareholders increased to ¥1,094,806,906.92, up 237.62% from ¥324,276,518.03 at the end of the previous year[7] Research and Development - Research and development expenses increased by 93.02% to 2,831,216.86, reflecting higher depreciation costs and an increase in R&D personnel[16] - The company is actively enhancing product R&D to improve platform stability and data transmission efficiency[22] Risks and Challenges - The company faces risks related to industry regulation, product substitution, accounts receivable collection, and customer concentration, which it plans to mitigate through enhanced management and service improvements[19][20][21] - The company's gross profit margin is gradually declining due to changes in procurement costs and customer structure, with ongoing adjustments to supplier resources and increased R&D investment to enhance competitiveness[22] Other Information - The company has not encountered any overdue commitments from major shareholders or related parties during the reporting period[24] - There are no significant changes in project feasibility or expected returns for the investment projects[27] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[29] - The company has not reported any violations regarding the use and management of raised funds[27] - The cumulative amount of unused raised funds is CNY 335,305,592.45, which remains in the company's fundraising account[27] - The first quarter report was not audited, which may affect the reliability of the financial data presented[60] - The company has not indicated any new product launches or significant market expansion strategies in the current report[57]

Financial Performance - The company's operating revenue for 2020 was ¥1,102,018,652.72, representing a 107.01% increase compared to ¥532,340,826.25 in 2019[16]. - The net profit attributable to shareholders for 2020 was ¥83,318,865.16, a 37.98% increase from ¥60,384,155.65 in 2019[16]. - The net profit after deducting non-recurring gains and losses was ¥80,536,045.84, up 39.66% from ¥57,665,595.59 in 2019[16]. - The net cash flow from operating activities improved significantly to ¥6,007,383.71, compared to a negative cash flow of ¥5,426,354.53 in 2019, marking a 210.71% increase[16]. - The total assets at the end of 2020 were ¥431,810,979.39, a 40.42% increase from ¥307,524,811.32 at the end of 2019[16]. - The company's basic earnings per share for 2020 was ¥1.39, reflecting a 37.62% increase from ¥1.01 in 2019[16]. - The total profit for the year was 100.48 million yuan, an increase of 40.99% year-over-year[55]. - The net profit attributable to shareholders was 83.32 million yuan, reflecting a growth of 37.98% from the previous year[55]. - The basic earnings per share increased to 1.39 yuan, up by 37.62% compared to the previous year[55]. - The gross profit margin for mobile information services was 12.30%, a decrease of 5.33% year-on-year, primarily due to rising procurement costs[59]. Dividend Distribution - The company plans to distribute a cash dividend of 3 RMB per 10 shares (including tax) based on a total share capital of 80 million shares[4]. - The company distributed a cash dividend of 3 CNY per 10 shares (including tax), totaling 24 million CNY for the year 2020[105]. - The total cash dividend amount represents 100% of the total distributable profit of 135,820,223.10 CNY[105]. - The cash dividend for 2020 accounted for 28.81% of the net profit attributable to the company's ordinary shareholders, which was 83,318,865.16 CNY[107]. - The company has maintained a cash dividend payout ratio of at least 20% in accordance with its profit distribution policy[104]. - The company did not issue any bonus shares or conduct capital reserve transfers to increase share capital in 2020[105]. - The company has not proposed any cash dividend distribution plans for the years 2018 and 2019[105]. Operational Developments - The company provided enterprise SMS services to major clients including Alibaba, Tencent, and Huawei, leveraging its long-term experience in the mobile information service industry[25]. - The company has established a comprehensive SMS review system to ensure the safety and effectiveness of message delivery, enhancing customer experience[26]. - The company has a modular and integrated operational model for SMS transmission, catering to diverse client needs[30]. - The company has invested in the development of core technologies, including distributed message queue services and efficient pre-write log systems, to support rapid business growth[34]. - The company has established a robust keyword database to meet increasingly stringent regulatory requirements, continuously updating it based on operational experiences[32]. - The company has implemented a clear profit distribution policy, ensuring compliance with relevant regulations and protecting shareholder interests[102]. Market Trends and Risks - The rise of 5G technology is expected to enhance the demand for enterprise messaging services, providing higher transmission efficiency and lower costs[39]. - The growth of new economic sectors such as e-commerce and logistics is anticipated to further boost the demand for enterprise messaging services in the future[41]. - The company faces risks related to industry regulation, product substitution, accounts receivable collection, and declining gross margins[95][96][99]. - The company aims to optimize its supplier resources and enhance product development to improve market competitiveness and mitigate gross margin decline risks[99]. Research and Development - The company’s R&D expenses increased by 41.77% in 2020 compared to the previous year, supporting the development of core technologies such as distributed messaging queue services and efficient pre-write log systems[57]. - The company plans to continue increasing R&D investments to meet future market demands for mobile information service platforms[57]. - The company plans to leverage new technologies such as big data and 5G to serve emerging and traditional enterprises, aiming for profit growth[76]. Corporate Governance - The company has established a comprehensive corporate governance structure, including a board of directors, supervisory board, and management team, ensuring clear responsibilities and effective operations[175]. - The board of directors consists of 5 members, including 2 independent directors, ensuring a balanced governance structure[177]. - The audit committee ensured the effectiveness of the internal control system and compliance with financial reporting standards[185]. - There were no significant internal control deficiencies identified during the reporting period[190]. Employee and Management Structure - The company employed a total of 126 staff, with 54 holding a bachelor's degree or above, representing approximately 42.86% of the workforce[170]. - The company has a strategic focus on partnerships and collaborations to drive growth and innovation in the technology sector[165]. - The total remuneration for directors and senior management during the reporting period amounted to CNY 3,035,300, accounting for 0.33% of the total company costs[171]. - The company has implemented a multi-level employee compensation system to motivate staff and recognize their contributions[171]. Shareholder Information - Major shareholders include Wang Kun with 46.24% (27,744,994 shares) and Men Qingjuan with 15.67% (9,403,115 shares)[144]. - The company has maintained a stable shareholder structure with no changes in shareholding ratios during the reporting period[143]. - The controlling shareholders are natural persons, with Wang Kun serving as the legal representative, chairman, and general manager, and Men Qingjuan as a director[146].