Financial Performance - The company's revenue for Q1 2022 was ¥184,002,584.88, representing an increase of 11.62% compared to ¥164,849,043.01 in the same period last year[3] - Net profit attributable to shareholders was ¥13,302,611.32, up 7.36% from ¥12,390,567.89 year-on-year[3] - The net profit after deducting non-recurring gains and losses surged by 60.97% to ¥17,765,201.43 from ¥11,036,089.85 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 184,002,584.88, an increase of 11.9% compared to CNY 164,849,043.01 in the same period last year[17] - Net profit for Q1 2022 reached CNY 13,302,611.32, representing a 7.4% increase from CNY 12,390,567.89 in Q1 2021[18] Cash Flow - The net cash flow from operating activities improved significantly to ¥13,875,504.48, a 223.20% increase from a negative cash flow of -¥11,262,842.54 in the same quarter last year[3] - The company reported a total cash inflow from operating activities of CNY 226,019,095.37, compared to CNY 278,678,539.76 in Q1 2021[22] - The net cash flow from financing activities was -8,306,564.81, compared to -11,701,781.71 in the previous period, indicating a decrease in cash outflow[23] - The cash and cash equivalents at the end of the period amounted to 683,542,152.58, up from 135,683,871.01 at the beginning of the period, showing a significant increase[23] - The net increase in cash and cash equivalents was 13,374,681.44, contrasting with a decrease of 24,289,666.25 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,253,525,085.96, a decrease of 2.38% from ¥1,284,068,748.47 at the end of the previous year[3] - The company's equity attributable to shareholders increased by 1.72% to ¥1,130,466,847.20 from ¥1,111,341,636.34 at the end of the previous year[3] - Accounts receivable decreased to ¥140,577,366.93 from ¥154,494,776.13, reflecting a decline of approximately 9%[13] - Inventory decreased to ¥210,011,974.14 from ¥230,514,238.92, indicating a reduction of about 9%[13] - Total current liabilities decreased to ¥116,787,257.65 from ¥166,048,806.22, a reduction of approximately 30%[14] - The company reported a total non-current liability of ¥6,270,981.11, down from ¥6,678,305.91[14] Expenses - Research and development expenses rose by 61.50% to ¥19,715,127.06, primarily due to changes in the R&D bonus accrual policy and the allocation of stock incentive costs[6] - Sales expenses increased by 47.11% to ¥4,869,872.89, driven by overseas market expansion service fees and increased costs related to stock incentives and exhibitions[6] - Total operating costs for Q1 2022 were CNY 170,260,964.85, up 8.3% from CNY 157,131,696.55 in Q1 2021[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,187[9] - The largest shareholder, Beijing Lianzhong Yongsheng Technology Co., Ltd., holds 32.72% of shares, totaling 22,528,000 shares[9] Other Information - The weighted average return on equity decreased to 1.19% from 2.76% in the previous year, reflecting a decline in profitability[3] - The company has not reported any new product or technology developments in this quarter[12] - There are no significant market expansion or acquisition strategies mentioned in the report[12] - The first quarter report was not audited, which may affect the reliability of the financial data presented[24] - The basic earnings per share for Q1 2022 was CNY 0.1934, down from CNY 0.2401 in the same period last year[19] - The impact of exchange rate changes on cash and cash equivalents was -415,452.17, compared to a positive impact of 215,231.34 previously[23] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[18]

Revenue and Profit - The company's revenue for Q3 2021 was ¥275,601,360.01, a decrease of 9.10% compared to the same period last year[3] - Net profit attributable to shareholders was ¥27,878,219.90, an increase of 44.31% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.4862, reflecting a growth of 29.88% compared to the previous year[3] - In the first three quarters of 2021, the company achieved operating revenue of RMB 659.02 million, a year-on-year decrease of 2.14%[14] - The company's net profit attributable to shareholders was RMB 58.00 million, an increase of 8.15% year-on-year[14] - Net profit for Q3 2021 was CNY 58,000,733.10, an increase of 8.1% compared to CNY 53,629,609.97 in Q3 2020[23] - Basic and diluted earnings per share for Q3 2021 were both CNY 1.0839, up from CNY 1.0393 in the previous year[24] Assets and Equity - Total assets at the end of Q3 2021 reached ¥1,293,561,197.39, representing a 75.06% increase from the end of the previous year[3] - The company's total equity attributable to shareholders increased by 147.61% to ¥1,094,967,547.12 compared to the previous year[3] - As of September 30, 2021, total assets reached RMB 1,293.56 million, compared to RMB 738.90 million at the end of 2020[20] - Total equity increased significantly to CNY 1,094,967,547.12 from CNY 442,217,110.32 in the previous year[22] Cash Flow - The company reported a cash flow from operating activities of -¥105,881,988.68, which is a 53.34% increase in cash outflow compared to the same period last year[10] - Cash inflow from operating activities totaled CNY 729,479,922.06, compared to CNY 629,228,036.30 in the same period last year, reflecting a growth of 15.9%[26] - Cash outflow from operating activities was CNY 835,361,910.74, an increase from CNY 698,279,653.42 year-on-year[26] - The net cash flow from operating activities for Q3 2021 was -105,881,988.68 CNY, compared to -69,051,617.12 CNY in the same period last year, indicating a decline in operational cash flow[27] - The net cash flow from investing activities was -4,742,827.36 CNY, a significant decrease from -52,170,841.43 CNY year-over-year, reflecting reduced investment outflows[27] - The net cash flow from financing activities increased to 594,375,787.28 CNY, compared to 14,404,332.85 CNY in the previous year, showing a strong inflow from financing[27] - The total cash and cash equivalents at the end of Q3 2021 stood at 618,030,782.42 CNY, up from 49,481,281.84 CNY at the end of Q3 2020, indicating a substantial increase in liquidity[27] Expenses and Costs - The company’s inventory increased by 45.62% to ¥257,803,303.83, attributed to strategic stockpiling of raw materials[7] - The company’s financial expenses decreased by 59.80% to ¥1,984,536.93, mainly due to smaller exchange rate fluctuations[9] - Research and development expenses amounted to RMB 35.70 million, a decrease of 6.80% compared to the previous year[14] - Research and development expenses were CNY 35,703,281.55, down from CNY 38,306,613.10 year-on-year, indicating a focus on cost management[22] - Total operating costs decreased by 1.0% to CNY 602,479,574.22 from CNY 611,035,085.53 year-on-year[22] Financing Activities - The company raised ¥594,375,787.28 through public stock issuance, marking a 4026.37% increase in cash flow from financing activities[10] - The company received 671,361,773.58 CNY from investment inflows during the financing activities, marking a significant increase compared to the previous year[27] - The cash outflow for repaying debts was 101,252,542.54 CNY, which is higher than 59,203,522.59 CNY in the same quarter last year, indicating increased debt servicing[27] Government Support and Other Income - The company received government subsidies amounting to ¥1,904,935.03 during the reporting period, which is part of its non-recurring gains[5] Audit and Reporting - The Q3 2021 report was not audited, which may affect the reliability of the financial data presented[30] - The company has not made any adjustments to prior period comparative data under the new leasing standards, indicating stability in financial reporting practices[30] - The company did not require adjustments to the beginning balance sheet items due to the new leasing standards implemented in 2021, as there were no significant lease assets other than short-term leases[29]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥383,422,423.34, representing a 3.56% increase compared to ¥370,241,825.60 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was ¥30,122,513.20, a decrease of 12.21% from ¥34,311,699.96 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥27,772,407.99, down 15.16% from ¥32,736,852.78 in the same period last year[18]. - The basic earnings per share for the first half of 2021 was ¥0.5838, down 12.21% from ¥0.6650 in the same period last year[18]. - The company's total revenue for the reporting period was CNY 383,165,831.40, representing a year-on-year increase of 22.95%[36]. - Domestic sales amounted to CNY 34,937,260.10, up 16.93% year-on-year, while foreign sales reached CNY 348,485,163.24, an increase of 23.58%[36]. - Total operating revenue for the first half of 2021 reached ¥383,422,423.34, an increase of 3.2% compared to ¥370,241,825.60 in the same period of 2020[122]. - Net profit for the first half of 2021 was ¥30,122,513.20, a decrease of 12.8% from ¥34,311,699.96 in the first half of 2020[124]. Cash Flow and Financial Position - The net cash flow from operating activities was -¥55,971,471.88, which is a 10.99% decline compared to -¥50,427,558.96 in the previous year[18]. - The company's cash and cash equivalents decreased by 31.26% to CNY -64,536,630.31, primarily due to the impacts of operating, investing, and financing activities[35]. - Cash inflow from operating activities totaled CNY 467,267,863.78 in the first half of 2021, an increase of 25.9% from CNY 371,174,512.28 in the first half of 2020[131]. - Cash outflow from operating activities was CNY 523,239,335.66, up from CNY 421,602,071.24 in the previous year, resulting in a net cash flow from operating activities of -CNY 55,971,471.88[131]. - The ending balance of cash and cash equivalents was CNY 71,147,240.70, an increase from CNY 62,965,639.32 at the end of the first half of 2020[132]. Assets and Liabilities - The total assets at the end of the reporting period were ¥744,623,013.91, reflecting a 0.77% increase from ¥738,903,997.92 at the end of the previous year[18]. - The company's total liabilities decreased to ¥266,295,302.85 from ¥294,712,061.28, indicating a reduction of approximately 9.7%[121]. - Total equity increased to ¥471,468,164.52 from ¥440,831,358.85, representing a growth of about 6.9%[121]. - The company's short-term borrowings rose by 0.29% to CNY 64,691,613.20, with no significant changes reported[37]. - The company's contract liabilities increased by 1.52% to CNY 28,444,789.86, indicating a rise in advance payments received[37]. Research and Development - Research and development expenses decreased by 13.75% to 20.94 million yuan, reflecting a strategic adjustment in R&D investment[33]. - The company plans to enhance R&D investment in high-definition, network, and intelligent products to maintain competitiveness in the rapidly evolving security video monitoring market[46]. - The company emphasizes talent retention and plans to expand its R&D team, including establishing a deep learning and data standards team to enhance overall R&D capabilities[52]. Market and Operations - The company established strategic partnerships with leading chip suppliers SigmaStar and Novateck to mitigate supply chain risks due to the shortage of HiSilicon chips[30]. - The company launched several new consumer market products, including a low-power battery kit and full-color digital HD series, to meet market demands[30]. - The overall security video surveillance industry in China has seen an average annual growth of 10% over the past decade, with a total output value of 851 billion yuan in 2020[26]. - The company is focusing on AI applications in various scenarios, enhancing the intelligence level of its products through the development of features like crowd analysis and non-contact attendance[31]. Shareholder and Corporate Governance - The company plans to distribute a cash dividend of ¥8 per 10 shares, totaling ¥55,040,000 based on 68,800,000 shares[4]. - The company is currently fulfilling commitments related to share lock-up agreements, with a duration of 36 months from the date of listing for major shareholders[67]. - Major shareholders, including Guangdong Science and Technology Venture Capital Co., Ltd., are also fulfilling commitments related to share lock-up for 12 months from the date of listing[68]. - The company has made commitments to stabilize stock prices, which are being fulfilled for a period of three years from the date of stock listing[69]. - The company reported a commitment to fulfill its obligations to minority shareholders in a timely manner[71]. Compliance and Legal Matters - The semi-annual financial report was not audited[74]. - There were no major litigation or arbitration matters during the reporting period[76]. - The integrity status of the company and its controlling shareholders was good, with no significant debts unpaid[78]. - The company did not engage in any significant related party transactions during the reporting period[79]. Accounting Policies - The company's accounting policies are in accordance with the relevant enterprise accounting standards, ensuring accurate financial reporting[165]. - The company uses Renminbi as its functional currency for accounting purposes[169]. - The company recognizes expected credit losses for financial assets based on significant increases in credit risk since initial recognition, measuring losses over the entire lifetime if risk has increased significantly[198].