证券代码：300983 证券简称：尤安设计 公告编号：2023-025 上海尤安建筑设计股份有限公司 关于举行 2022 年度业绩说明会的公告 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。 上海尤安建筑设计股份有限公司（以下简称"公司"）定于 2023 年 5 月 5 日（星期五）下午 15：00-17：00 在全景网举办 2022 年度业绩说明会。本次年 度业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投资者关系互 动平台"（http://ir.p5w.net）参与本次年度业绩说明会。 出席本次说明会的人员有：公司董事长施泽淞先生、董事兼总经理陈磊先生、 独立董事徐晓东先生、财务总监姚印政先生，董事会秘书兼副总经理冯骏先生、 保荐代表人胡德先生。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 4 日（星期四）15：00 前访问 http://ir.p5w.net/zj/，或扫描下方二维码， 进入问题征集专题页面。此次活动交流期间，投资 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥89,776,633.72, a decrease of 54.61% compared to the same period last year[5] - The net profit attributable to shareholders was -¥9,211,342.02, representing a decline of 116.89% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥14,313,433.47, down 128.06% from the previous year[5] - The basic and diluted earnings per share were both -¥0.0720, a decrease of 116.89% year-on-year[5] - The company reported a net loss of ¥22,221,583.70 for the third quarter, compared to a profit of ¥230,121,806.87 in the same period last year[20] - The net profit for Q3 2022 was -16,888,799.21 CNY, a significant decrease from the net profit of 198,733,179.86 CNY in the same period last year[21] - The total comprehensive income for the period was -16,888,799.21 CNY, aligning with the net profit figures reported[21] Cash Flow and Assets - The net cash flow from operating activities was -¥32,836,941.43, an increase of 52.12% compared to the same period last year[5] - Cash and cash equivalents decreased to ¥2,096,521,657.15 from ¥2,352,203,741.37 at the beginning of the year, a decline of 10.9%[17] - Total current assets decreased by 11.8% to ¥2,780,796,086.55 from ¥3,152,616,506.35 at the beginning of the year[17] - The company reported a total cash and cash equivalents balance of 2,095,119,887.45 CNY at the end of the period, down from 2,302,599,241.46 CNY at the end of the previous year[23] Operating Costs and Expenses - Total operating costs for the third quarter of 2022 were ¥285,713,865.10, down 28.5% from ¥399,019,589.18 year-on-year[20] - The company incurred operating expenses of 486,390,952.46 CNY, compared to 575,757,236.69 CNY in the previous year, showing a reduction in operational costs[22] - Research and development expenses for the third quarter were ¥27,049,157.00, down 16.4% from ¥32,340,158.94 in the previous year[20] Company Developments - The company completed a capital increase by converting capital reserves, increasing total shares from 80 million to 128 million[5] - The company established a new subsidiary, Shanghai Youan Mantu Interior Design Co., Ltd., with a registered capital of RMB 1 million, where the company holds a 51% stake[14] - The company approved a debt restructuring plan involving Greenland Holdings Group and Sunac China Holdings, with a total property value of RMB 295,054,653.60 to offset design consulting fees of RMB 294,955,791.60[15] - The board and supervisory board underwent a restructuring, with key appointments including Shi Zesong as chairman and Chen Lei as general manager[13] Industry Impact - The company experienced a significant decline in revenue due to the overall downturn in the real estate industry and the impact of pandemic control measures[8] - The net profit decline was also attributed to increased severance costs and early termination of leasehold improvements[8] Non-Recurring Items - Non-recurring gains totaled ¥5,102,091.45 for the reporting period[6] Financing Activities - The total cash outflow from financing activities was -113,523,515.65 CNY, a sharp decline from the inflow of 2,160,391,552.37 CNY in the previous year, indicating a significant change in financing strategy[23] Audit Status - The company has not undergone an audit for the Q3 2022 report, which may affect investor confidence in the reported figures[24]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥223.24 million, a decrease of 51.76% compared to ¥462.81 million in the same period last year [25]. - The net profit attributable to shareholders was a loss of approximately ¥6.79 million, representing a decline of 104.70% from a profit of ¥144.42 million in the previous year [25]. - The net profit after deducting non-recurring gains and losses was a loss of approximately ¥18.38 million, down 114.16% from ¥129.74 million in the same period last year [25]. - The basic and diluted earnings per share were both -¥0.053, a decrease of 103.91% compared to ¥1.354 in the previous year [25]. - The company's total profit for the first half of 2022 was a loss of ¥10.58 million, significantly down from a profit of ¥167.84 million in the same period of the previous year [184]. - The total comprehensive income for the first half of 2022 was a loss of ¥7.85 million, compared to a profit of ¥144.47 million in the same period of 2021 [184]. - The company's operating profit was a loss of ¥10.55 million, contrasting sharply with a profit of ¥167.88 million in the first half of 2021 [186]. - The company's total assets as of June 30, 2022, amounted to CNY 3,308,740,673.89, a decrease from CNY 3,584,200,622.25 at the beginning of the year [177]. - The company's equity attributable to shareholders was CNY 3,065,274,091.23, down from CNY 3,180,068,142.25 at the beginning of the year, reflecting a decline of 3.6% [177]. Cash Flow and Financial Management - The net cash flow from operating activities improved by 22.58%, amounting to -¥105.67 million compared to -¥136.49 million in the same period last year [25]. - The company's operating cash flow for the first half of 2022 was -105,673,389.69 CNY, an improvement from -136,490,134.18 CNY in the same period of 2021, indicating a 22.5% reduction in cash outflow [189]. - Cash outflow from operating activities also decreased to 375,847,375.34 CNY in 2022 from 422,484,912.67 CNY in 2021, marking a reduction of about 11.1% [189]. - The net cash flow from investing activities was -29,586,357.60 CNY in 2022, compared to -37,093,423.87 CNY in 2021, showing a 20.5% improvement [191]. - Cash flow from financing activities resulted in a net outflow of -113,094,980.02 CNY in 2022, a significant decrease from a net inflow of 2,260,701,028.85 CNY in 2021 [191]. Risk Management - The management team emphasizes the importance of risk awareness regarding forward-looking statements in the report [3]. - The report includes a detailed discussion of potential risks and corresponding mitigation strategies faced by the company [3]. - The company faced significant operational pressure due to a decline in the real estate industry and COVID-19 lockdown measures [40]. - The company will implement measures to strengthen accounts receivable management and reduce bad debt risks through improved client selection and performance monitoring [102]. - The company has identified risks related to fundraising investment projects due to potential market changes and economic fluctuations, but all projects are currently on track [108]. Business Operations and Strategy - The company’s business primarily involves architectural design and consulting services, focusing on residential, public, and mixed-use community designs [32][33][36]. - The company has established a strong competitive advantage in high-end residential and public building design sectors [34][35]. - The company aims to expand its market presence and improve profitability by enhancing its core business competitiveness and exploring new market opportunities [97]. - The company plans to enhance its technical service capabilities and optimize its business structure to mitigate risks associated with customer concentration and market fluctuations [99]. - The company plans to continue its market expansion strategy, focusing on enhancing its design capabilities and project portfolio [196]. Subsidiaries and Investments - The company established a new subsidiary, Youan Qiyuan (Beijing) Architectural Design Consulting Co., Ltd., which is expected to positively impact business development and operational stability [93]. - Another subsidiary, Shenzhen Youan Planning Consulting Co., Ltd., was established with a similar investment structure, also with a registered capital of CNY 1 million [150]. - The company reported a net profit of -146.65 million for Youan Construction and -301.85 million for Youda Planning, indicating significant losses in these subsidiaries [93]. Shareholder and Capital Management - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves [4]. - The company completed a capital increase on June 21, 2022, increasing the total share capital from 80 million shares to 128 million shares [25]. - The total number of shares after the capital increase is 128 million, with 75% of shares being limited sale shares [154]. - The largest shareholder, Ningbo Youai Investment Center, holds 42,155,520 shares, accounting for 32.93% of total shares [162]. - The company has no stock incentive plans, employee stock ownership plans, or other employee incentive measures during the reporting period [115]. Research and Development - Research and development investment was ¥19,031,657.37, down 10.55% from ¥21,275,723.54, indicating a stable commitment to innovation despite revenue challenges [67]. - The company has obtained 127 patents and 46 software copyrights, demonstrating its commitment to technological research and development in the architectural design field [59]. - The company actively engages in research on urban sponge technology, intelligent buildings, and green architecture, integrating these innovations into its design processes [59]. Environmental and Social Responsibility - The company does not belong to the key pollutant discharge units announced by the environmental protection department and has not received any administrative penalties for environmental issues during the reporting period [120][121]. - The company actively promotes green and low-carbon practices, implementing measures to reduce carbon emissions and enhance energy efficiency, including paperless office initiatives [118]. Market Conditions and Future Outlook - The company's performance is significantly influenced by macroeconomic cycles, national industrial policies, and the development of the downstream construction and real estate sectors [53]. - Future outlook remains positive with expectations of revenue growth driven by new project acquisitions and strategic partnerships [196]. - The company has faced risks related to the real estate industry's liquidity crisis, which has affected the timely collection of accounts receivable [96].

Dividend and Capital Management - The company plans to distribute a cash dividend of 13.50 RMB per 10 shares to all shareholders, based on a total of 80,000,000 shares [5]. - The company will increase its capital reserve by issuing 6 additional shares for every 10 shares held by shareholders [5]. - The cash dividend distribution plan was approved by the board and will be implemented following the shareholders' meeting [200]. - The company will not issue stock dividends and will carry forward the remaining undistributed profits to future periods [199]. - The total cash dividend represents 100% of the profit distribution amount for the year [197]. - The company plans to increase its share capital by 6 shares for every 10 shares held, resulting in a total share capital increase to 128,000,000 shares [199]. Financial Performance - The company's operating revenue for 2021 was ¥955,373,656.52, an increase of 3.22% compared to ¥925,560,450.70 in 2020 [22]. - The net profit attributable to shareholders for 2021 was ¥304,004,648.07, reflecting a growth of 4.01% from ¥292,287,044.27 in 2020 [22]. - The net profit attributable to shareholders for the year 2021 was RMB 344,423,814.30, with distributable profits amounting to RMB 654,964,592.54 on a consolidated basis [198]. - The company's total revenue for the year was approximately ¥955.26 million, representing a year-over-year increase of 3.21% [73]. - The gross profit margin for the company was 49.20%, which is a decrease of 0.59% compared to the previous year [73]. - The company's revenue from public building design and consulting services increased by 9.61% to CNY 301.60 million, while residential building design revenue decreased by 6.01% to CNY 475.27 million [70]. Cash Flow and Investment - The net cash flow from operating activities decreased by 35.52% to ¥101,721,947.10 in 2021 from ¥157,749,498.36 in 2020 [22]. - Cash flow from investment activities saw a significant increase of 9,811.27%, reaching ¥338,123.01 in 2021, attributed to higher proceeds from fixed asset disposals [85]. - The net cash flow from financing activities surged by 3,550.47%, totaling ¥2,156,054,798.67 in 2021 [84]. - The total cash and cash equivalents increased by 2,055.25% to ¥1,978,229,826.94 in 2021 [84]. - The company reported a significant increase in financial income due to new stock issuance, resulting in a financial expense of -¥47.46 million [80]. Market and Industry Trends - The architectural design industry is experiencing a compound annual growth rate (CAGR) of 10.26% in design revenue from 2015 to 2020, highlighting robust market growth [33]. - The total investment in real estate development in China increased from ¥6.18 trillion in 2011 to ¥14.76 trillion in 2021, with a CAGR of 9.10%, driving demand for architectural services [36]. - The urbanization rate in China rose from 51.27% in 2011 to 64.72% in 2021, contributing to increased demand for housing and infrastructure projects [36]. - The architectural design industry is expected to benefit from the increasing complexity and diversification of downstream real estate projects, enhancing profitability [38]. - The implementation of the "three red lines" policy has increased operational risks for architectural design firms due to delayed receivables from real estate clients [42]. Corporate Governance and Management - All board members attended the meeting to review the annual report, ensuring comprehensive oversight [5]. - The financial report has been confirmed as true, accurate, and complete by the company's responsible personnel [4]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments in its forward-looking statements [5]. - The company has maintained compliance with corporate governance standards, ensuring that shareholder rights are protected during meetings and decision-making processes [142]. - The company held six shareholder meetings during the reporting period, all conducted in accordance with legal and regulatory requirements, ensuring transparency and shareholder participation [143]. Research and Development - The company is actively engaged in research and development, focusing on urban sponge technology, intelligent buildings, and green architecture, to enhance its technical competitiveness [61]. - The company has established a design team of over 1,300 professionals, ensuring a strong competitive edge in the architectural design industry [58]. - The company is focusing on enhancing its creative innovation and increasing investment in key development areas to strengthen its competitive edge [32]. - The company has implemented a 3P talent development mechanism to cultivate core creative talents, ensuring a continuous supply of innovative capabilities [60]. - The company is focusing on innovative designs for high-lighting wells to improve residential project comfort levels [82]. Client Relationships and Market Position - The company has established long-term stable partnerships with major domestic real estate firms, positioning itself among the top tier of domestic architectural design enterprises [49]. - The company has received numerous awards from well-known real estate developers, enhancing its reputation and client relationships [65]. - The company has established deep cooperation with major state-owned enterprises, with the top five clients accounting for over 50% of revenue, ensuring a certain level of performance security [123]. - The company aims to enhance its market share in high-rise buildings, large commercial complexes, high-quality green housing, and rental housing, focusing on technology research and market investment [125]. - The company is actively seeking international design collaboration opportunities to explore new development paths from a higher starting point [126]. Employee and Talent Management - The total number of employees at the end of the reporting period was 1,555, with 1,483 in the parent company and 72 in major subsidiaries [190]. - The professional composition included 1,219 production personnel, 27 sales personnel, 158 technical personnel, 13 financial personnel, and 138 administrative personnel [191]. - The company emphasizes a competitive salary system linked to performance, ensuring that employee compensation aligns with overall economic benefits and key financial control indicators [192]. - Training programs are conducted to enhance employees' skills and management capabilities, with a focus on internal talent development and various training activities [193]. - The company has established a comprehensive salary management system and incentive mechanism to attract and retain talent [192].

Financial Performance - The company's operating revenue for Q1 2022 was ¥97,634,330.32, a decrease of 37.35% compared to ¥155,842,197.50 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥21,647,552.00, representing a decline of 152.70% from a profit of ¥41,078,603.47 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥22,904,088.11, down 167.19% from ¥34,087,942.10 in the same period last year[3] - The basic and diluted earnings per share were both -¥0.27, a decrease of 139.71% compared to ¥0.68 in the previous year[3] - The weighted average return on equity was -0.68%, down 6.31% from 5.63% in the same period last year[3] - The net profit for the first quarter of 2022 was -22,184,157.18 CNY, compared to a net profit of 41,196,585.88 CNY in the same period last year, indicating a significant decline[17] - Operating profit for the first quarter was -25,787,078.74 CNY, a decrease from 47,623,410.50 CNY year-over-year[17] - The total comprehensive income for the first quarter was -22,184,157.18 CNY, compared to 41,196,585.88 CNY in the same period last year[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,398,322,834.46, a decrease of 5.19% from ¥3,584,200,622.25 at the end of the previous year[3] - The equity attributable to shareholders was ¥3,158,420,590.23, a decrease of 0.68% from ¥3,180,068,142.25 at the end of the previous year[3] - Total current assets as of March 31, 2022, were CNY 2,971,821,386.38, down from CNY 3,152,616,506.35 at the beginning of the year[13] - Total liabilities decreased to CNY 237,860,366.70 from CNY 401,588,997.31, reflecting a reduction in financial obligations[14] - The company's cash and cash equivalents were CNY 2,228,288,714.48, down from CNY 2,352,203,741.37 at the beginning of the year[12] - Non-current assets totaled CNY 426,501,448.08, slightly down from CNY 431,584,115.90 at the beginning of the year[13] Cash Flow - The net cash flow from operating activities was -¥118,386,683.05, an improvement of 25.09% compared to -¥158,041,854.08 in the same period last year[3] - Cash flow from operating activities showed a net outflow of -118,386,683.05 CNY, improving from -158,041,854.08 CNY in the previous year[21] - The cash outflow from investing activities was -307,552.98 CNY, an improvement from -990,472.39 CNY year-over-year[21] - The company had a cash outflow from financing activities of -4,424,461.62 CNY, compared to -4,927,938.76 CNY in the previous year[21] Revenue and Costs - Total operating costs for Q1 2022 were CNY 97,172,432.68, compared to CNY 104,275,695.41 in the previous period[16] - Total revenue from sales and services received was 127,673,161.61 CNY, up from 116,863,759.10 CNY in the same quarter last year[19] Other Financial Metrics - Non-recurring gains and losses totaled ¥1,256,536.11, with government subsidies contributing ¥404,527.74[5] - Accounts receivable decreased to CNY 716,736,426.72 from CNY 771,885,623.55 at the beginning of the year, indicating improved cash flow management[13] - The company reported a net profit of CNY 633,317,040.52 in retained earnings, down from CNY 654,964,592.54[15] - Research and development expenses for Q1 2022 were CNY 10,239,464.84, an increase from CNY 9,004,506.71 in the previous period[16] - The company maintained a stable equity base with total equity amounting to CNY 3,160,462,467.76, slightly down from CNY 3,182,611,624.94[15] - The company incurred a credit impairment loss of -26,527,493.52 CNY, compared to -11,668,103.98 CNY in the previous year[17]

Financial Performance - The company's operating revenue for Q3 2021 was ¥197,784,316.48, a decrease of 9.68% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥54,534,173.57, down 1.65% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥51,004,436.83, a decrease of 1.55% compared to the previous year[3] - The basic earnings per share for Q3 2021 was ¥0.6817, down 26.23% from the same period last year[3] - The total operating revenue for Q3 2021 was CNY 660,594,129.41, an increase of 5.4% compared to CNY 626,631,698.88 in the same period last year[23] - The net profit for Q3 2021 was CNY 198,733,179.86, up from CNY 170,783,049.55, representing a growth of 16.3% year-over-year[24] Cash Flow and Assets - The net cash flow from operating activities was -¥68,584,934.98, reflecting a decline of 158.97% year-on-year due to delayed customer payments and increased expenditures[9] - As of September 30, 2021, the company's cash and cash equivalents amounted to CNY 2,304,552,570.70, a significant increase from CNY 373,027,585.19 on December 31, 2020, reflecting a growth of approximately 517%[19] - The total cash and cash equivalents at the end of the period reached CNY 2,302,599,241.46, up from CNY 191,449,294.92 at the end of the previous period[27] - The company reported a significant increase in accounts receivable, rising to CNY 776,062,923.71 from CNY 563,794,818.99, indicating growth in sales and potential cash flow challenges[20] - The cash flow from investing activities resulted in a net outflow of CNY -161,627,961.12, significantly higher than CNY -649,044.09 in the previous period[27] - Operating cash inflow for the current period was CNY 507,172,301.71, an increase from CNY 470,877,326.11 in the previous period[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,642[11] - The largest shareholder, Ningbo Youai Investment Center (Limited Partnership), holds 32.93% of shares, totaling 26,347,200 shares[11] - Shareholders Shi Zesong, Yu Zhifeng, and Ye Yang each hold 11.22% of shares, totaling 8,974,080 shares each[11] - The total number of restricted shares held by Ningbo Youai Investment Center is 26,347,200, with a lock-up period extended by 6 months due to stock price conditions[14] - The lock-up period for the restricted shares is set to expire on October 20, 2024[14] Investments and Subsidiaries - The company established a new subsidiary, Shanghai Yitai Lighting Engineering Design Co., Ltd., with a registered capital of CNY 1,000,000, where the company holds a 70% stake[17] - The company set up a branch in Hainan to enhance market expansion in South China, which was completed on July 9, 2021[17] - A new branch in Xi'an was established to promote market development in Northwest China, finalized on September 22, 2021[17] - The company aims to optimize its project investment layout through strategic adjustments in its fundraising projects[16] - The company continues to focus on enhancing its market competitiveness through strategic investments and expansions[17] Liabilities and Equity - Total liabilities amounted to CNY 352,627,847.55, a slight decrease from CNY 359,784,237.37[21] - The equity attributable to shareholders of the parent company increased to CNY 3,075,017,905.87 from CNY 708,741,170.71, marking a substantial growth[22] - The company reported an increase in lease liabilities by CNY 65,411,366.48 due to the implementation of new leasing standards[32] - The retained earnings decreased by CNY 3,202,912.97, reflecting adjustments from the new leasing standards[32] - The total liabilities and equity increased by CNY 63,960,424.64 compared to the previous reporting period[31] Other Financial Adjustments - The company adjusted its financial statements to comply with new leasing standards, impacting the balance sheet[28] - The company did not conduct an audit for the third quarter report[33] - The company extended the lock-up period for pre-IPO restricted shares by 6 months due to the stock price being below the issue price for 20 consecutive trading days[15] - The total number of restricted shares subject to the lock-up extension is 60,000,000 shares[15]

Financial Performance - The company achieved operating revenue of CNY 462,809,812.93, representing a year-on-year increase of 13.53%[21]. - Net profit attributable to shareholders reached CNY 144,420,238.12, up 25.37% compared to the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 129,744,662.75, reflecting a growth of 26.24% year-on-year[21]. - The total assets at the end of the reporting period amounted to CNY 3,471,088,410.65, a significant increase of 223.99% from the end of the previous year[21]. - The net assets attributable to shareholders reached CNY 3,116,483,732.30, marking a 339.72% increase compared to the previous year[21]. - The company reported a basic earnings per share of CNY 2.166, which is a 12.81% increase from the previous year[21]. - The company’s cash flow from operating activities was negative at CNY -136,490,134.18, a decline of 174.19% compared to the previous year[21]. - The company reported a net cash increase of approximately ¥2.09 billion, a significant increase of 1,976.60% primarily due to funds raised from new share issuance[53]. - The company's operating revenue for the first half of 2021 was RMB 46,280.98 million, reflecting a growth of 13.53% compared to the same period in 2020[84]. - The net profit for the first half of 2021 was CNY 182,070,977.55, an increase of 62.0% compared to CNY 112,312,875.52 in the same period of 2020[174]. Dividend Distribution - The company plans to distribute a cash dividend of 12 RMB per 10 shares to all shareholders, based on a total of 80,000,000 shares[4]. - The cash dividend represents 100% of the total profit distribution amount, adhering to the company's policy of returning profits to shareholders while considering future development[101]. - The net profit attributable to shareholders for the first half of 2021 was 144,420,238.12 yuan, with distributable profits amounting to 591,380,182.59 yuan[102]. - The company has not implemented any stock dividend or capital reserve transfer to increase share capital in this distribution plan[102]. Company Structure and Operations - The company has a total of 8 wholly-owned subsidiaries and 1 controlling subsidiary[11]. - The company operates in the field of architectural design, providing comprehensive design and technical economic analysis services[11]. - The company is listed on the Shenzhen Stock Exchange under the stock code 300983[15]. - The company has established a design team of over 1,200 professionals, ensuring a strong competitive edge in the architectural design industry[42]. - The company has maintained long-term stable partnerships with major real estate firms such as Greenland Holdings and Vanke Group, enhancing its market position[40]. - The company has established a design service network in key economic development regions, enhancing its market share and brand influence[48]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[4]. - The company’s financial report includes a detailed analysis of potential risks and corresponding countermeasures[4]. - The company faces risks related to the real estate industry's regulatory environment, which may affect client financing and lead to longer accounts receivable collection periods[85]. - The implementation of the "three red lines" policy may increase the risk of bad debts for the company due to potential financing difficulties faced by major clients[85]. - The company aims to mitigate bad debt risks by strengthening account receivable management and closely monitoring client financial conditions[89]. Market Position and Growth - The architectural design industry is expected to continue growing due to the ongoing urbanization process and the upgrading of residential housing consumption[36]. - The company has established a strong market position in high-end residential design and has received multiple awards for its projects[28]. - The company has focused on expanding its market share in high-end design sectors, leveraging its unique creative and technical strengths[46]. - The company plans to enhance its technical service capabilities and optimize its business structure to increase market share in public buildings and new business areas[88]. - The company is committed to accelerating the implementation of fundraising projects while adapting to market and policy changes[93]. Financial Health and Investments - The company has a total of ¥1,953,329.24 in restricted cash, primarily for guarantee deposits[61]. - The company has confirmed lease liabilities of ¥69,549,853.29, representing 2.00% of total assets, due to the new leasing standards[59]. - The company reported a total of 476,450,000 CNY in other comprehensive income for the period[186]. - The company has made strategic moves to enhance its capital structure, including a substantial increase in equity financing[182]. - The company plans to invest in new product development and technology research to drive future growth[146]. Corporate Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the company's management[3]. - The company emphasizes the protection of shareholder and investor rights, ensuring compliance with relevant laws and regulations[108]. - There were no changes in the company's board of directors, supervisors, or senior management during the reporting period[100]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[107]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[149]. Research and Development - Research and development investment was approximately ¥21.28 million, showing a slight increase of 2.30% compared to the previous year[52]. - The company is actively engaged in forward-looking R&D and standardization in the rental housing design sector, contributing to its competitive edge in innovative technology[47]. - The company has developed significant research outcomes in high-rise building design, including studies on economic height values for buildings under 200 meters[46].

Revenue and Profit - Revenue for Q1 2021 was CNY 155,842,197.50, an increase of 9.27% compared to CNY 142,618,831.21 in the same period last year[8] - Net profit attributable to shareholders was CNY 41,078,603.47, reflecting a growth of 16.08% from CNY 35,386,934.18 year-on-year[8] - The company achieved operating revenue of 155.84 million yuan in Q1 2021, representing a year-on-year increase of 9.27%[17] - The net profit attributable to shareholders was 41.08 million yuan, up 16.08% compared to the same period last year[17] - The company expects net profit attributable to shareholders for the first half of 2021 to be between 140 million and 160 million yuan, an increase of 21.53% to 38.90% compared to the same period last year[21] - Basic earnings per share are projected to be between 2.10 yuan and 2.40 yuan, reflecting a growth of 9.38% to 25.00% year-on-year[21] - The net profit for Q1 2021 reached CNY 41,196,585.88, compared to CNY 35,459,551.17 in the same period last year, reflecting a growth of approximately 20.5%[38] - Basic and diluted earnings per share for Q1 2021 were both CNY 0.68, up from CNY 0.59 in the previous year[39] Cash Flow - The net cash flow from operating activities was negative CNY 158,041,854.08, a decline of 50.48% compared to negative CNY 105,023,562.84 in the previous year[8] - The company reported a significant decrease in cash flow from operating activities, with a net outflow of 158.04 million yuan, a decline of 50.48% year-on-year[16] - Total cash inflow from operating activities was 127,356,405.47 CNY, down from 159,673,056.50 CNY, reflecting a decrease of about 20.2%[46] - Cash outflow from operating activities totaled 285,398,259.55 CNY, an increase from 264,696,619.34 CNY, representing a rise of approximately 7.4%[46] - The net cash flow from operating activities for the parent company was -150,986,085.77 CNY, compared to -98,168,514.61 CNY in the previous period, reflecting a decline of about 53.1%[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,015,779,167.35, down 5.19% from CNY 1,071,350,292.53 at the end of the previous year[8] - Current assets decreased from CNY 973,056,985.28 to CNY 857,083,556.38, a reduction of about 11.9%[28] - Cash and cash equivalents dropped significantly from CNY 373,027,585.19 to CNY 210,413,649.20, a decrease of approximately 43.6%[28] - Total liabilities decreased from CNY 359,784,237.37 to CNY 266,219,439.29, a decline of approximately 26%[30] - Current liabilities decreased from CNY 353,156,314.57 to CNY 203,746,260.41, a reduction of about 42.3%[30] - The company's total equity increased from CNY 711,566,055.16 to CNY 749,559,728.06, representing a growth of about 5.3%[31] Expenses - Sales expenses increased by 54.18% to 31.62 million yuan due to enhanced market development efforts following the effective control of the COVID-19 pandemic[16] - The total operating costs increased to CNY 104,275,695.41 from CNY 97,618,842.40, representing an increase of about 6.8%[37] - Research and development expenses for Q1 2021 were CNY 9,004,506.71, slightly higher than CNY 8,618,826.44 in the previous year[37] - The company reported a credit impairment loss of CNY 11,668,103.98, compared to CNY 9,780,598.79 in the previous period, indicating a rise in credit risk[37] Other Financial Metrics - The weighted average return on equity decreased to 5.63% from 7.16% in the previous year[8] - Non-recurring gains and losses amounted to CNY 6,990,661.37, primarily from government subsidies and asset disposals[10] - The company recognized a gain of 150,301.06 yuan from asset disposals, as opposed to no such activity in the previous year[16] - The company reported a decrease in employee compensation payable from CNY 141,374,394.73 to CNY 34,913,322.80, a decline of approximately 75.3%[30] - The company’s deferred tax assets increased from CNY 23,702,226.88 to CNY 26,008,043.74, reflecting a growth of about 9.7%[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 8, with the largest shareholder holding 43.91% of the shares[12] - The company has successfully completed the registration for its initial public offering, with 20 million shares set to be listed on the Shenzhen Stock Exchange from April 20, 2021[18] Audit and Compliance - The company has not audited the first quarter report[57] - The company has implemented new leasing standards affecting prior period comparative data[57]