Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2022, representing a year-on-year increase of 15% compared to the same period in 2021[17]. - The net profit attributable to shareholders for the first half of 2022 was RMB 20 million, an increase of 10% year-on-year[17]. - The company's revenue for the reporting period was ¥243,641,795.26, a decrease of 23.86% compared to ¥319,989,239.41 in the same period last year[24]. - In the first half of 2022, the company's revenue was CNY 243.64 million, a decrease of 23.86% year-on-year, while the net profit attributable to shareholders was CNY -9.75 million, down 119.56% year-on-year[45]. - The company's operating revenue for the reporting period was CNY 243,641,795.26, a decrease of 23.86% compared to the same period last year, primarily due to a reduction in business cooperation with high-risk clients and the impact of localized COVID-19 outbreaks[70]. - The net profit for the first half of 2022 was a loss of CNY 9,751,034.50, compared to a profit of CNY 49,847,205.35 in the first half of 2021[187]. - Basic earnings per share (EPS) for the first half of 2022 were -0.0965 CNY, while diluted EPS was -0.0930 CNY[161]. - The total comprehensive income for the first half of 2022 was -CNY 9,751,034.50, compared to 49,847,205.35 in the same period of 2021[188]. Cash Flow and Financial Position - The net cash flow from operating activities was -¥98,158,056.70, representing a decline of 101.08% from -¥48,815,282.08 in the previous year[24]. - The company reported a net cash decrease of CNY 168,496,977.60 in cash and cash equivalents, a drop of 120.24% compared to the previous year, largely due to the absence of fundraising received in the prior period[70]. - Cash and cash equivalents as of June 30, 2022, were CNY 79,960,250.95, down from CNY 248,690,757.38 at the start of the year[178]. - The company's accounts receivable stood at CNY 352,578,567.26, accounting for 23.77% of total assets, indicating a slight increase in receivables management[77]. - The total current assets decreased to CNY 1,323,692,811.64 from CNY 1,514,258,095.72, indicating a reduction in liquidity[178]. - The company's total assets amounted to CNY 1,502,264,524.62, a slight decrease from CNY 1,537,907,354.47 at the end of 2021[184]. - The company's total liabilities decreased to CNY 141,258,640.40 from CNY 218,045,751.28 at the beginning of the year, indicating a reduction in financial obligations[180]. Research and Development - The company plans to invest 5% of its revenue into research and development for new technologies and products in the upcoming year[17]. - Research and development investment slightly increased by 0.57% to CNY 18,546,152.38, indicating continued commitment to innovation[70]. - The company is focused on digital transformation and research and development to establish a competitive edge in quality and safety management[47]. - The company plans to enhance its core competitiveness by increasing investments in R&D, particularly in construction quality assessment systems and potential defect insurance[102]. - The company has accumulated 61 software copyrights and 29 utility model and invention patents, reflecting its commitment to research and development[61]. Market Strategy and Expansion - The company has outlined a market expansion strategy targeting three new provinces in China by the end of 2023[17]. - The company aims to achieve a revenue growth target of 20% for the full year 2022[17]. - The company is actively exploring new business opportunities in emerging fields such as engineering quality defect insurance and green low-carbon buildings[99]. - The company has established a marketing team across six major cities, resulting in the iteration and upgrade of customized products for 141 real estate clients[47]. - The company has built a diversified self-media channel, achieving a cumulative viewership of 3 million for articles and videos, enhancing its brand influence in the construction engineering sector[49]. Risk Management - The company is facing risks including innovation risk and market competition risk, which it plans to mitigate through strategic partnerships[3]. - The company emphasizes the importance of maintaining high standards in project evaluations to mitigate potential risks[17]. - The company has established a comprehensive accounts receivable management system to mitigate the risk of bad debts[100]. - The company has identified and controlled 657 risk points across various construction phases, providing comprehensive risk management solutions[62]. - The company is facing risks related to fluctuations in social fixed asset investment and real estate investment, which could adversely affect its business operations[98]. Corporate Governance and Compliance - The company has received over 40 commendation letters for integrity and fairness from clients, reflecting its commitment to compliance and ethical management[56]. - The company has conducted 129 instances of integrity and anti-bribery training in the first half of 2022, reinforcing its compliance culture[56]. - The company has implemented a three-tier anti-corruption mechanism, ensuring a culture of integrity and compliance within its operations[58]. - The company guarantees that there are no fraudulent issuance situations in the current public offering[133]. - The company has committed to fulfilling all promises made regarding the issuance of shares and related transactions[133]. Social Responsibility - The company actively participated in pandemic prevention efforts and contributed to the construction of emergency hospitals in Hong Kong, showcasing its commitment to social responsibility[45]. - The company established the "Love Fund" to provide financial assistance to employees facing economic difficulties due to serious illnesses, aiding 15 employees to date[123]. - The company actively participated in pandemic prevention efforts, donating 25,000 N95 masks and 40,000 pairs of medical gloves to support COVID-19 control in Shenzhen[122]. Shareholder Information - The company’s shareholders include significant holdings by domestic individuals, with 51.48% of shares held by domestic natural persons[160]. - The largest shareholder, Fan Wenhong, holds 25.37% of shares, totaling 26,025,300 shares[166]. - The second largest shareholder, Huang Xinhua, holds 24.38% of shares, totaling 25,004,700 shares[166]. - The company has no shareholders with pledged, marked, or frozen shares[165]. - The company plans to release restricted shares for several shareholders on October 20, 2024, including significant amounts for key executives[162].

Profit Distribution - The company reported a profit distribution plan to distribute a cash dividend of 7.00 RMB per 10 shares (including tax) to all shareholders, based on a total of 68,378,900 shares[6]. - The total cash dividend for the 2021 fiscal year is set at 7.00 CNY per 10 shares, amounting to 47.87 million CNY (including tax), with no stock dividends issued[161]. - The cash dividend distribution represents 100% of the total distributable profit for the year, which amounts to 338.82 million CNY[161]. - The company implemented a profit distribution plan for the 2020 fiscal year, distributing a cash dividend of 8.92 CNY per 10 shares, totaling 39.96 million CNY (including tax) to shareholders[159]. Financial Performance - The company's operating revenue for 2021 was ¥778,212,059.61, representing a 35.89% increase compared to ¥572,670,802.65 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥119,138,088.25, a decrease of 1.07% from ¥120,427,647.49 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥100,703,299.50, down 11.01% from ¥113,156,664.90 in 2020[20]. - The total assets at the end of 2021 reached ¥1,613,905,962.74, a significant increase of 225.83% from ¥495,327,893.75 at the end of 2020[20]. - The net assets attributable to shareholders increased by 270.98% to ¥1,395,860,211.46 at the end of 2021 from ¥376,262,245.46 at the end of 2020[20]. - The basic earnings per share for 2021 was ¥1.88, down 21.34% from ¥2.39 in 2020[20]. - The diluted earnings per share for 2021 was ¥1.87, a decrease of 21.76% from ¥2.39 in 2020[20]. - The weighted average return on equity was 11.46%, down 25.86% from 37.32% in 2020[20]. Revenue Segmentation - Engineering evaluation business revenue reached 621.92 million yuan, up 31.19% year-on-year; on-site management business revenue grew 44.90% to 132.80 million yuan; management consulting revenue surged 238.24% to 23.49 million yuan[57]. - The engineering evaluation segment generated ¥621,918,946.99, accounting for 79.92% of total revenue, with a year-on-year growth of 31.19%[66]. - The on-site management segment saw revenue of ¥132,799,517.72, reflecting a significant increase of 44.90% year-on-year[66]. - The management consulting segment experienced a remarkable growth of 238.24%, with revenue reaching ¥23,493,594.90[66]. Risk Management - The company emphasizes the importance of risk awareness regarding innovation risk, industry risk, and market competition risk in its future outlook[6]. - The company has accumulated over 11,380 major risk data points in its risk database, providing valuable data references for real estate companies' engineering risk management[51]. - The company completed the development of a major risk management system aimed at reducing the probability of safety incidents and quality complaints in the construction industry[79]. - The company is exposed to risks from fluctuations in fixed asset investment and real estate investment, which could affect its business growth[115]. - The ongoing COVID-19 pandemic poses a risk to the company's operations, with government measures affecting production and logistics[118]. Corporate Governance - The company established a sound internal management and control system in accordance with relevant laws and regulations, enhancing its corporate governance structure[125]. - The board of directors consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements and diverse expertise[127]. - The supervisory board has 3 members, including 1 employee representative, fulfilling its supervisory role over the board and management[128]. - The company has implemented a robust information disclosure system, ensuring timely and accurate communication with investors[129]. - The company adheres to strict compliance with corporate governance regulations, with no significant discrepancies identified[129]. Innovation and Development - The company is transitioning towards digital transformation and systematic improvement in response to industry changes and challenges[31]. - The company has developed a comprehensive third-party engineering evaluation system that covers 40+ detailed products across various stages of construction, including quality, safety, progress, and management[50]. - The company aims to achieve 1-2 intellectual property rights from its R&D projects, enhancing its competitive edge in the market[79]. - The company has allocated CNY 1,500 million for research and development in new technologies for the upcoming fiscal year[137]. Employee and Talent Management - The company employs a talent development mechanism that includes 169 R&D personnel and 1,940 engineering technical staff, ensuring a strong professional support system for responding to client needs[54]. - The total number of employees at the end of the reporting period was 2,371, with 1,114 in the parent company and 1,257 in major subsidiaries[155]. - The company focused on talent acquisition, training, and motivation to maintain competitive salary levels in the market[156]. - The company has established a structured compensation system for employees, including directors and supervisors, which is approved by the board and shareholders[143]. Community Engagement and Social Responsibility - The company established a "Love Fund" to provide assistance to employees facing economic difficulties due to major illnesses, with support given to 9 employees as of December 31, 2021[184]. - The company actively participated in community support during the pandemic, providing supplies to volunteer groups and engaging in recovery efforts in disaster-affected areas[183]. - The company has implemented measures to ensure employee rights protection, including timely payment of salaries and contributions to social insurance[181]. Future Outlook and Strategic Goals - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2024[137]. - The company has set a performance guidance of 15% revenue growth for 2022, aiming for CNY 39,000 million[136]. - The company aims for a revenue growth rate of no less than 35% in 2021 compared to 2020's revenue as part of its performance assessment criteria[168]. - For 2022, the company targets a revenue growth rate of at least 82% based on 2020's revenue[169]. Compliance and Legal Matters - The company has committed to avoiding any related party transactions unless necessary for normal business operations[192]. - The company has confirmed that there are no current competitive situations with any related parties[192]. - The audit firm, Zhonghui Certified Public Accountants, has been engaged for three consecutive years, with an audit fee of RMB 800,000[196][197]. - The company has not experienced any major litigation or arbitration matters during the reporting period[198].

Financial Performance - The company's operating revenue for Q1 2022 was ¥75,759,239.64, a decrease of 22.88% compared to ¥98,230,020.31 in the same period last year[4] - The net profit attributable to shareholders was -¥24,462,740.50, representing a decline of 916.66% from -¥2,406,180.16 year-on-year[4] - The net cash flow from operating activities was -¥74,189,956.94, a decrease of 166.91% compared to -¥27,795,902.69 in the previous year[4] - Total operating revenue for Q1 2022 was ¥75,759,239.64, a decrease of 22.73% compared to ¥98,230,020.31 in the same period last year[20] - Net profit for Q1 2022 was a loss of ¥24,462,740.50, compared to a loss of ¥2,406,180.16 in Q1 2021, representing an increase in loss of 917.67%[22] - Operating profit for the period was -¥28,802,717.22, worsening from -¥3,144,660.30 in the previous year[21] - Basic and diluted earnings per share were both -¥0.36, compared to -¥0.05 in the same quarter last year[22] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥1,501,686,585.78, down 6.95% from ¥1,613,905,962.74 at the end of the previous year[4] - The company's total liabilities decreased from ¥1,000,000,000 to ¥900,000,000, indicating a reduction of 10%[17] - The company's total liabilities decreased significantly, with accounts payable down by 56.20% to ¥9,686,813.16 due to reduced business volume[10] - The total current assets decreased from ¥1,514,258,095.72 to ¥1,328,596,498.99, a decline of about 12.2%[16] - The total cash inflow from investment activities was 936,414,520.58 CNY, a substantial increase from 50,100,680.14 CNY year-over-year[24] Cash Flow - The company's cash and cash equivalents decreased from ¥248,690,757.38 at the beginning of the year to ¥172,212,343.07 by the end of the reporting period, a decline of approximately 30.7%[16] - Cash inflow from operating activities totaled ¥134,316,435.91, down from ¥148,819,962.58 in the previous year[23] - The cash outflow from operating activities totaled 208,506,392.85 CNY, an increase from 176,615,865.27 CNY year-over-year[24] - The company reported a total cash outflow from financing activities of -3,050,256.07 CNY, compared to -1,453,629.03 CNY in the previous year[24] Investments and Expenses - The company reported a significant increase in investment income, which rose to ¥7,053,474.15, a 4461.04% increase from ¥154,646.32 in the same period last year[11] - The company’s marketing expenses increased by 87.18% to ¥9,151,103.44, attributed to the expansion of marketing branches and increased resource investment[11] - The company reported a significant increase in research and development expenses to ¥6,602,245.48, compared to ¥8,906,978.56 in the previous year[21] - The company paid 153,055,806.29 CNY to employees, up from 123,053,225.60 CNY in the previous year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,041, with the top 10 shareholders holding a combined 71.23% of shares[14] Other Information - The company has not reported any new strategies or product developments in the current quarter[15] - The company did not conduct an audit for the first quarter report[25]

Financial Performance - The company's operating revenue for Q1 2022 was ¥75,759,239.64, a decrease of 22.88% compared to ¥98,230,020.31 in the same period last year[4] - The net profit attributable to shareholders was -¥24,462,740.50, representing a decline of 916.66% from -¥2,406,180.16 year-on-year[4] - The company’s basic and diluted earnings per share were both -¥0.36, a decline of 620.00% from -¥0.05 in the previous year[4] - Net loss for Q1 2022 was CNY 24,462,740.50, compared to a net loss of CNY 2,406,180.16 in Q1 2021, representing a significant decline in profitability[22] Cash Flow - The net cash flow from operating activities was -¥74,189,956.94, a decrease of 166.91% compared to -¥27,795,902.69 in the previous year[4] - Cash flow from operating activities increased by 181.00% to ¥5,770,835.47 compared to ¥2,053,688.01 in the same period last year, primarily due to increased government subsidies and interest from current deposits[13] - Cash inflow from operating activities totaled 134,316,435.91 yuan, down from 148,819,962.58 yuan year-over-year, reflecting a decrease of approximately 9.5%[24] - Cash outflow from operating activities increased to 208,506,392.85 yuan, compared to 176,615,865.27 yuan in the previous period, representing an increase of about 18%[25] - The company reported a significant cash inflow from investment activities of 936,414,520.58 yuan, a substantial increase from 50,100,680.14 yuan in the prior period[25] - The net cash flow from investment activities was 676,600.58 yuan, recovering from a negative cash flow of -1,839,122.20 yuan in the previous period[25] - The company’s total cash flow decreased by 76,563,612.43 yuan during the period, compared to a decrease of 31,088,653.92 yuan in the previous period[25] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥1,501,686,585.78, down 7.70% from ¥1,626,916,119.57 at the end of the previous year[4] - Total current assets decreased to ¥1,328,596,498.99 from ¥1,514,258,095.72, indicating a reduction in liquidity[17] - Total liabilities decreased to CNY 120,814,449.62 from CNY 218,045,751.28, a decline of 44.69%[19] - Non-current assets totaled CNY 173,090,086.79, up from CNY 99,647,867.02, indicating a growth of 73.73%[19] Expenses - The company’s marketing expenses increased by 87.18% to ¥9,151,103.44 due to expanded marketing efforts[12] - The company’s management expenses rose by 75.10% to ¥27,865,433.60, primarily due to increased share-based payment expenses[12] - Research and development expenses were CNY 6,602,245.48, down from CNY 8,906,978.56, a decrease of 25.83%[22] - The company paid 153,055,806.29 yuan to employees, up from 123,053,225.60 yuan in the previous period, indicating a rise of about 24% in employee-related expenses[25] Investment Income - The company reported a significant increase in investment income, which rose to ¥7,053,474.15, a staggering increase of 4461.04% from ¥154,646.32 in the same period last year[12] - Investment income received rose by 6,583.17% to ¥6,414,520.58 from ¥95,980.14, attributed to increased returns from financial product investments[13] - Cash received from investment recoveries surged by 1,760.00% to ¥930,000,000.00, up from ¥50,000,000.00, mainly due to the redemption of financial products during the reporting period[13] Inventory and Receivables - Accounts receivable decreased to ¥305,631,770.17 from ¥364,442,661.17, suggesting improved collection or reduced sales[17] - Inventory decreased significantly to ¥218,715.01 from ¥1,264,541.09, indicating a potential reduction in stock levels[17]

Financial Performance - The company's operating revenue for 2021 was CNY 778,212,059.61, representing a 35.89% increase compared to CNY 572,670,802.65 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 119,138,088.25, a slight decrease of 1.07% from CNY 120,427,647.49 in 2020[20]. - The net profit after deducting non-recurring gains and losses was CNY 100,703,299.50, down 11.01% from CNY 113,156,664.90 in 2020[20]. - The total assets at the end of 2021 reached CNY 1,613,905,962.74, a significant increase of 225.83% from CNY 495,327,893.75 at the end of 2020[20]. - The net assets attributable to shareholders increased by 270.98% to CNY 1,395,860,211.46 at the end of 2021 from CNY 376,262,245.46 at the end of 2020[20]. - The basic earnings per share for 2021 was CNY 1.88, down 21.34% from CNY 2.39 in 2020[20]. - The company reported a negative cash flow from operating activities of CNY 61,657,077.70, a decrease of 16.16% compared to CNY 73,539,617.27 in 2020[20]. - The gross profit margin for the professional technical services industry was 40.84%, a decrease of 3.66% compared to the previous year[68]. - The total operating costs increased by 44.86% year-on-year, amounting to ¥460,361,148.75[71]. Profit Distribution - The company reported a profit distribution plan to distribute a cash dividend of 7.00 RMB per 10 shares (including tax) to all shareholders, based on a total of 68,378,900 shares[6]. - The company’s 2021 profit distribution plan proposes a cash dividend of 7 CNY per 10 shares, totaling 47.87 million CNY (including tax), with no stock dividends issued[164]. - The cash dividend accounted for 100% of the total distributable profit of 338.82 million CNY for the year[161]. - The company implemented a profit distribution plan for the 2020 fiscal year, distributing a cash dividend of 8.92 CNY per 10 shares, totaling 39.96 million CNY (including tax) to shareholders[159]. Risk Management - The company emphasizes the importance of risk awareness regarding innovation risk, industry risk, and market competition risk in its future outlook[6]. - The company has established a robust anti-corruption management system, enhancing its credibility and operational integrity[47]. - The company has developed a comprehensive database covering over 500 cities and 30,000 engineering evaluation quality safety risk assessment data points[51]. - The risk database has collected over 11,380 major risks, providing valuable data for real estate engineering risk management[51]. - The company has identified innovation risks, emphasizing the need for continuous product and business model development to meet market demands[114]. Digital Transformation and Innovation - The company is transitioning towards digital transformation and systematization in response to industry challenges and opportunities[30]. - The company is focusing on integrating cloud computing, IoT, and smart management to enhance construction site digitalization and information visualization[80]. - The company has launched nearly 40 new specialized products as part of its product 3.0 system, enhancing its service offerings[57]. - The company is actively working on a digital service platform to empower C-end clients and enhance customer experience[111]. - The company completed an acquisition of a local competitor for 200 million RMB to enhance its service offerings[121]. Corporate Governance - The company has established a comprehensive internal management and control system in accordance with relevant laws and regulations, enhancing corporate governance structure[125]. - The board of directors consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements and diverse expertise[127]. - The supervisory board has 3 members, including 1 employee representative, fulfilling its supervisory role over the board and management[128]. - The company has implemented a robust information disclosure system, ensuring timely and accurate communication with investors[128]. - The company respects and protects the rights of stakeholders, balancing the interests of customers, employees, shareholders, and society[129]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[121]. - The company has expanded its operational branches in Wuhan, Beijing, and Shanghai to improve service quality and efficiency[55]. - The company has collaborated with over 130 government units and 400 well-known real estate enterprises, enhancing its market presence[48]. - The company aims to leverage its expertise in engineering consulting to capture new business opportunities in emerging markets[137]. Research and Development - R&D investment amounted to ¥42,221,704.09 in 2021, representing 5.43% of operating revenue, an increase from 5.29% in 2020[82]. - The company has filed for 50 software copyrights and 28 utility model and invention patents, reflecting its commitment to R&D[50]. - Research and development expenses increased by 30%, totaling 150 million RMB, to support innovation initiatives[121]. - The number of R&D personnel increased by 3.05% from 164 in 2020 to 169 in 2021, while the proportion of R&D personnel to total employees decreased from 8.55% to 7.12%[82]. Employee Management - The total number of employees at the end of the reporting period was 2,371, with 1,114 in the parent company and 1,257 in major subsidiaries[155]. - The company has a total of 1,940 engineering technical personnel, which constitutes the majority of its workforce[155]. - The company provided 27,121 hours of training to employees through various development programs during the reporting period[158]. - The company has implemented a differentiated compensation incentive system based on value creation and performance contribution, including a 2021 restricted stock incentive plan[157]. Compliance and Legal Matters - The company has not faced any penalties or rectification issues during the reporting period[199]. - The company guarantees that the issuance and listing of shares do not involve any fraudulent issuance[192]. - The company has committed to fulfilling all promises made to minority shareholders in a timely manner[192]. - There are no significant litigation or arbitration matters reported for the year[198].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥221,520,453.44, representing a 25.19% increase compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2021 was ¥44,880,247.73, up 13.25% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,245,306.87, reflecting a 10.44% increase from the previous year[2] - The company's operating revenue for the first nine months of 2021 reached CNY 541,509,692.85, an increase of 44.84% compared to CNY 373,879,976.41 in the same period of 2020[8] - Net profit for the current period was ¥94,727,453.08, compared to ¥69,247,752.99 in the previous period, reflecting an increase of approximately 36.9%[25] - Basic and diluted earnings per share improved to ¥1.5858 from ¥1.3740, marking an increase of about 15.4%[26] Assets and Liabilities - The total assets as of September 30, 2021, amounted to ¥1,532,506,734.07, a significant increase of 209.39% compared to the end of the previous year[2] - The total current assets reached CNY 1,502,197,456.85, compared to CNY 472,322,429.34 in the previous year, indicating a growth of approximately 217%[21] - The total liabilities increased significantly, with contract liabilities rising by 69.85% to CNY 9,736,803.73, indicating a growth in pre-received business payments[7] - The total liabilities increased to CNY 175,853,319.29 from CNY 119,065,648.29, reflecting a rise of about 47.7%[22] - The equity attributable to shareholders reached ¥1,356,653,414.78, marking a 260.56% increase from the end of the previous year[2] - The equity attributable to shareholders of the parent company surged to CNY 1,356,653,414.78, up from CNY 376,262,245.46, marking an increase of approximately 260%[23] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥34,040,075.83, a drastic decline of 1,550.79% compared to the previous year[2] - Cash flow from operating activities showed a net outflow of ¥34,040,075.83, worsening from a net outflow of ¥2,062,048.29 in the previous period[28] - Cash flow from investing activities resulted in a net outflow of ¥415,422,714.94, compared to a smaller outflow of ¥4,033,107.46 previously[29] - Cash flow from financing activities generated a net inflow of ¥920,658,736.45, a significant improvement from a net outflow of ¥16,763,357.67 in the previous period[29] - The ending balance of cash and cash equivalents increased to ¥659,382,154.12 from ¥116,219,666.69, showing a substantial rise[29] Shareholder Information - The company reported a total of 5,783,400 shares held by Shenzhen Ruiwen Investment Consulting Co., Ltd., representing 8.46% of the total shares[12] - Shenzhen Ruiwen Investment Consulting Co., Ltd. and Shenzhen Ruike Investment Consulting Co., Ltd. hold 8.46% and 8.13% of shares respectively, totaling 11,340,000 shares combined[12] - The company has a total of 17,350,200 restricted shares held by major shareholders, with a release date set for October 2024[15] - The total number of shares held by the top 10 unrestricted shareholders amounts to 16,669,800 shares, with significant holdings from major investment funds[12] - The company has a total of 2,520,000 shares held by Shenzhen Ruihongjie Investment Partnership, accounting for 3.69% of total shares[12] - The company’s major shareholders include several investment funds, with the largest being the China Industrial Bank's mixed securities investment fund[12] Research and Development - Research and development expenses increased by 43.75% to CNY 29,757,483.40, reflecting the company's commitment to enhancing its R&D capabilities[8] - Research and development expenses for the current period were ¥29,757,483.40, up from ¥20,700,145.22, indicating a growth of approximately 43.5%[24] Financial Stability and Future Outlook - The company is focused on maintaining financial stability while adapting to new accounting standards[35] - Future outlook includes potential market expansion and strategic initiatives to enhance operational efficiency[35] - The third quarter report was not audited, indicating a preliminary financial position[36]

Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2021, representing a year-on-year increase of 20% compared to the same period in 2020[18]. - The net profit attributable to shareholders for the first half of 2021 was RMB 15 million, up 25% year-on-year[18]. - The company aims to achieve a revenue target of RMB 250 million for the full year 2021, reflecting a growth rate of 25%[18]. - The company's operating revenue for the reporting period reached ¥319,989,239.41, representing a 62.49% increase compared to ¥196,926,861.71 in the same period last year[24]. - Net profit attributable to shareholders was ¥49,847,205.35, up 68.30% from ¥29,617,876.93 year-on-year[24]. - The net profit after deducting non-recurring gains and losses was ¥46,988,052.92, reflecting an 87.58% increase from ¥25,050,131.73 in the previous year[24]. - Basic earnings per share increased by 51.45% to ¥0.8901 from ¥0.5877 in the same period last year[24]. - The total profit for the first half of 2021 was ¥58,099,449.71, a 69.5% increase from ¥34,241,297.18 in the first half of 2020[181]. - The total comprehensive income for the first half of 2021 was 49.8 million yuan, reflecting a significant increase compared to the previous period[196]. Market Expansion and Strategy - The company plans to expand its market presence by entering three new provinces by the end of 2021, aiming for a 30% increase in client base[18]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market reach[18]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[180]. - The company plans to expand its services in the public building sector and explore new business opportunities in emerging fields such as potential defect insurance and green low-carbon construction[100]. - The company has established partnerships with 73 of the top 100 real estate companies in China, as per the 2020 sales ranking by CRIC[48]. - The company has established long-term stable partnerships with several real estate enterprises, enhancing direct commission opportunities[42]. Research and Development - The company is investing RMB 5 million in R&D for new assessment products, targeting a launch by Q4 2021[18]. - Research and development investment rose to ¥18,441,850.91, up 52.02%, reflecting the company's commitment to enhancing R&D efforts[70]. - The R&D team consists of 158 members, with 77.22% holding a bachelor's degree or higher, enabling rapid response to client needs and effective product iteration[59]. - The company has invested in product standardization and value enhancement, completing the iteration of the engineering evaluation product standardization system (R3) and developing a product development panorama (PDP) model[58]. Operational Efficiency - The company has established a digital platform to improve assessment processes, which is expected to enhance efficiency by 40%[18]. - The company has developed a comprehensive database with over 250,000 instances of project measurement and risk assessment data across more than 500 cities, enhancing its service capabilities[57]. - The company has established a supplier management system to regulate supplier admission processes and evaluation standards[40]. - The company has a detailed procurement management system to streamline purchasing processes for various operational needs[40]. - The company’s project management includes comprehensive planning and quality control measures to ensure project success[39]. Financial Position and Cash Flow - The company reported a negative net cash flow from operating activities of ¥48,815,282.08, worsening by 150.37% compared to a negative cash flow of ¥19,496,871.24 in the previous year[24]. - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥832,499,687.07, up 3,576.84%, primarily from raised funds[70]. - The total cash and cash equivalents at the end of the period amounted to 1,012,570,126.47 CNY, a substantial increase from 109,390,586.99 CNY at the end of the previous year[193]. - The company achieved a total cash inflow from operating activities of ¥257,755,882.82 in the first half of 2021, compared to ¥198,114,328.02 in the same period last year[187]. - The cash flow from financing activities netted 885,906,208.37 CNY after outflows, compared to a net outflow of -1,429,165.90 CNY in the previous year, indicating a positive shift in financing strategy[189]. Risk Management - The company has identified potential risks including market competition and innovation risks, and is implementing strategies to mitigate these risks[6]. - The company is aware of the risks posed by the COVID-19 pandemic and has implemented measures to ensure business continuity, including localized deployment and online assessment services[105]. - The company has established a comprehensive accounts receivable management system to mitigate risks associated with delayed collections[102]. Corporate Governance and Social Responsibility - The company emphasizes employee rights protection, implementing labor laws and providing comprehensive benefits including social insurance and health check-ups[118]. - The company has actively communicated with investors through various channels to enhance understanding and recognition[118]. - The company is committed to maximizing social responsibility while pursuing economic benefits, promoting sustainable development[118]. - The company established the "Ruijie Love Foundation" in July 2020, with 712 members by June 30, 2021, providing financial assistance to 9 employees in need[118]. Shareholder Information - Major shareholders include Fan Wenhong with 25.82% ownership and Huang Xinhua with 24.81% ownership[157]. - The company plans to release restricted shares for major shareholders on October 20, 2024[152]. - The total share capital increased from 4.48 million shares to 6.72 million shares following the capital reserve transfer[150].

Financial Performance - The company's operating revenue for Q1 2021 was ¥98,230,020.31, representing a 140.32% increase compared to ¥40,874,680.85 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥2,406,180.16, an improvement of 74.82% from a loss of ¥9,556,540.75 in the previous year[9] - The net cash flow from operating activities was a negative ¥27,795,902.69, which is a 29.00% improvement compared to a negative ¥39,146,427.17 in the same period last year[9] - The basic earnings per share for the period was -¥0.0716, improving by 74.82% from -¥0.2844 in the same period last year[9] - The net profit attributable to shareholders was -¥2.41 million, showing a notable improvement from the previous year, with a net profit of -¥4.20 million after excluding non-recurring gains and losses[22] - The net loss for Q1 2021 was CNY -7,350,145.29, a decrease from -12,728,777.60 CNY in the same period last year, representing an improvement of approximately 42.5%[53] - The total operating profit for Q1 2021 was -9,766,068.48 CNY, compared to -16,049,253.64 CNY in Q1 2020, indicating a year-over-year improvement of about 39.8%[53] - The total comprehensive income for Q1 2021 was -7,350,145.29 CNY, compared to -12,728,777.60 CNY in the same period last year, reflecting a year-over-year improvement of approximately 42.5%[54] Assets and Liabilities - The total assets at the end of the reporting period were ¥443,930,385.71, down 10.38% from ¥495,327,893.75 at the end of the previous year[9] - The company's total assets decreased to CNY 452,023,210.08 from CNY 462,963,054.33, a decline of 2%[45] - The company's current assets totaled CNY 411,613,260.23, down from CNY 472,322,429.34 at the end of 2020, indicating a decrease of about 12.9%[39] - The company's total liabilities decreased to CNY 70,074,320.41 from CNY 119,065,648.29, a significant decline of approximately 41.2%[41] - Total liabilities decreased to CNY 116,102,190.99 from CNY 119,691,889.95, a reduction of 3.2%[45] - The company's equity attributable to shareholders was CNY 373,856,065.30, slightly down from CNY 376,262,245.46, reflecting a decrease of about 0.1%[42] Revenue and Costs - Total operating costs for Q1 2021 amounted to CNY 105,968,095.83, up from CNY 57,190,705.32, indicating an increase of 85%[48] - Cash received from sales and services increased by 52.20% to ¥146.77 million from ¥96.43 million, attributed to improved revenue collection as the pandemic was brought under control[21] - The company reported a total revenue from sales of goods and services received in Q1 2021 was 146,766,274.57 CNY, compared to 96,429,417.20 CNY in Q1 2020, representing a growth of approximately 52.2%[56] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6, with the top 10 shareholders holding significant stakes[13] - The largest shareholder, Fan Wenhong, held 34.43% of the shares, while Huang Xinhua held 33.08%[13] Research and Development - Research and development expenses rose by 87.62% to ¥8.91 million from ¥4.75 million, reflecting the company's commitment to increasing R&D investment[21] - Research and development expenses for Q1 2021 were CNY 8,906,978.56, compared to CNY 4,747,441.66 in the previous year, reflecting an increase of 87%[48] Government Support and Income - The company reported non-recurring gains and losses totaling ¥1,794,088.16, primarily from government subsidies and other income[11] - The company received government subsidies, leading to a 1257.02% increase in other income, which rose to ¥2.07 million from ¥0.15 million[21] - The company recorded other income of CNY 2,073,616.93, compared to CNY 152,806.76 in the previous year, indicating a substantial increase[48] Strategic Plans and Market Position - The company plans to maintain its focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[9] - The company plans to expand its business services in response to favorable national policies and industry opportunities, aiming for sustained growth in revenue and service depth[22] - The company is focusing on expanding into the public building sector and developing new business opportunities in emerging fields such as potential defect insurance and green low-carbon construction[27] - The company acknowledges the risk of intensified competition in the third-party engineering evaluation industry and is committed to maintaining its market position through innovation and service quality[29] Operational Developments - The company has established operational centers in Wuhan and Shanghai as part of its regional layout plan to enhance customer engagement and reduce operational costs[23] - The company has developed an indoor environment testing laboratory and is in the process of obtaining CMA certification, which will support its expansion into the testing services sector[23] - The first phase of the third-generation engineering assessment product (R3) has been completed, including the establishment of an indicator database and the upgrade of operational guidelines[23] Risk Management - The company faces risks related to innovation and market acceptance of new business models, which could impact future performance if not addressed[26] - The company has established a comprehensive accounts receivable management system to mitigate risks associated with delayed collections, with accounts receivable valued at 231.3410 million yuan[27] Other Information - There were no violations regarding external guarantees during the reporting period[33] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[34] - The company did not engage in any research, communication, or interview activities during the reporting period[35] - The first quarter report was not audited, indicating preliminary financial results[69]

Financial Performance - The company's operating revenue for 2020 was ¥572,670,802.65, representing a 15.35% increase compared to ¥496,476,637.39 in 2019[17]. - The net profit attributable to shareholders for 2020 was ¥120,427,647.49, a decrease of 13.28% from ¥138,862,811.14 in 2019[17]. - The net profit after deducting non-recurring gains and losses was ¥113,156,664.90, down 17.10% from ¥136,490,726.69 in 2019[17]. - The net cash flow from operating activities was ¥73,539,617.27, a decline of 22.13% compared to ¥94,436,875.74 in 2019[17]. - The total assets at the end of 2020 were ¥495,327,893.75, an increase of 30.22% from ¥380,377,861.84 at the end of 2019[17]. - The net assets attributable to shareholders at the end of 2020 were ¥376,262,245.46, up 41.54% from ¥265,834,597.97 at the end of 2019[17]. - The company reported a basic earnings per share of ¥3.5842 for 2020, down 13.28% from ¥4.1329 in 2019[17]. - The weighted average return on equity for 2020 was 37.32%, a decrease of 27.35% from 64.67% in 2019[17]. - The company's gross profit margin for the professional technical service industry was 44.51%, a decrease of 7.52% from the previous year[76]. - The company achieved a revenue of 573 million yuan in 2020, representing a year-on-year increase of 15.35%[65]. Profit Distribution - The company reported a profit distribution plan based on a base of 44,800,000 shares, proposing a cash dividend of 8.92 RMB per 10 shares (including tax) and a capital reserve increase of 5 shares per 10 shares[6]. - The total cash dividend distributed amounted to 39.96 million yuan, representing 100% of the profit distribution total[119]. - The cash dividend for the first half of 2020 was 10 million CNY (including tax) based on a total share capital of 33.6 million shares[122]. - In 2019, the company distributed a cash dividend of 20 million CNY (including tax), which accounted for 14.40% of the net profit attributable to ordinary shareholders[123]. - In 2018, the cash dividend was 40 million CNY (including tax), representing 61.68% of the net profit attributable to ordinary shareholders[123]. - The total cash dividend for 2020 was 49.96 million CNY, which accounted for 41.49% of the consolidated net profit attributable to ordinary shareholders[123]. Risk Management - The company emphasizes the importance of risk awareness regarding innovation, industry competition, and accounts receivable collection risks in its future outlook[6]. - The company’s future development outlook includes a detailed discussion of potential risks and strategies to mitigate them, as outlined in the report[6]. - The company recognizes the risk of fluctuations in social fixed asset investment and real estate investment, which could adversely affect its business operations[110]. - The company has established a comprehensive accounts receivable management system to mitigate risks related to delayed collections[112]. Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management, ensuring accountability for any misleading statements or omissions[5]. - The company has appointed Zhonghui Certified Public Accountants as its auditing firm, ensuring compliance and transparency in financial reporting[16]. - The company has committed to fulfilling all promises made by shareholders and related parties during the reporting period[125]. - The company has a lock-up period for major shareholders, preventing them from transferring shares for a specified duration after the IPO[125]. - The company guarantees that its IPO prospectus does not contain false records or misleading statements, and will be liable for any losses incurred by investors due to such issues[129]. - The company has committed to not engaging in any related party transactions outside of normal business operations[133]. Business Strategy - The company has been focusing on integrating traditional industries with new business models, enhancing its engineering evaluation and consulting services[27]. - The company is focusing on enhancing its competitive advantage through increased investment in R&D, particularly in construction engineering quality assessment and management services[85]. - The company aims to explore new business opportunities in the public building sector and develop new performance growth points in emerging fields such as engineering quality defect insurance and green low-carbon buildings[110]. - The company is focusing on digital transformation and the integration of advanced technologies like cloud computing and artificial intelligence in the construction industry[104]. Market Position - The company has established long-term stable partnerships with several real estate enterprises, enhancing its direct commission business opportunities[38]. - The company has a strong market presence, with partnerships with 9 out of the top 10 real estate companies in China, and 73 out of the top 100[53]. - The company is positioned to benefit from the growing demand for third-party engineering evaluation services as the market for existing buildings expands[46]. Employee and Management - The total number of employees in the company is 1,919, with 1,118 in the parent company and 801 in major subsidiaries[200]. - The company has 1,496 engineering technical personnel, which constitutes the majority of its workforce[200]. - The educational background of employees includes 47 with master's degrees or above, 884 with bachelor's degrees, and 988 with college diplomas or below[200]. - The company reported a total remuneration of 9.2644 million yuan for directors, supervisors, and senior management in 2020[198]. Compliance and Legal Matters - There were no significant lawsuits or arbitration matters during the reporting period[140]. - The company did not face any penalties or rectification issues during the reporting period[141]. - The credit status of the company and its controlling shareholders is good, with no records of unfulfilled court judgments or significant overdue debts[142].