Financial Performance - The company's operating revenue for 2021 was ¥1,175,718,760.51, a decrease of 3.01% compared to ¥1,212,256,517.72 in 2020 [24]. - The net profit attributable to shareholders for 2021 was ¥70,628,739.39, down 28.73% from ¥99,102,075.12 in 2020 [24]. - The net cash flow from operating activities was negative at ¥87,312,225.67, a decline of 217.19% compared to ¥74,505,687.06 in 2020 [24]. - The company reported a consolidated net profit of ¥70,628,739.39 for the fiscal year 2021, with a distributable profit of ¥67,369,354.77 after allocating 10% to statutory reserves [187]. - The total distributable profit accumulated for the year reached ¥233,647,550.69, including retained earnings from previous years [187]. - The company reported a significant decline in basic and diluted earnings per share, which were both ¥1.12, down 32.12% from ¥1.65 in 2020 [24]. - The gross profit margin for the internet industry was 13.34%, reflecting a decrease of 2.78% compared to the previous year [88]. - The company achieved profitability in its cloud and digital solution services for the first time during the reporting period [58]. Assets and Liabilities - The total assets at the end of 2021 reached ¥1,065,470,766.02, an increase of 80.04% from ¥591,807,767.94 at the end of 2020 [24]. - The company's net assets attributable to shareholders increased by 124.58% to ¥790,613,777.84 at the end of 2021 from ¥352,046,636.29 at the end of 2020 [24]. - The company's total liabilities included CNY 77,787,298.4 in notes payable, accounting for 7.30% of total liabilities, which increased due to outstanding bank acceptance bills [106]. - The company's accounts payable increased to CNY 84,497,665.7, which is 7.93% of total liabilities, due to higher supplier deliveries at year-end [106]. - The company’s financial assets at fair value amounted to CNY 212,185,640, reflecting a 19.91% increase, as funds were managed to avoid idleness [106]. Revenue Streams - The IT equipment sales business generated revenue of 823.21 million CNY, a decline of 8.54%, while the IT operation service business saw an increase of 12.74%, reaching 351.59 million CNY [78]. - Revenue from IT operation and maintenance services increased by 12.74% to ¥351,591,049.36, while revenue from IT equipment sales decreased by 8.54% to ¥823,208,565.78 [86]. - Domestic revenue grew by 16.91% to ¥1,057,348,732.47, while overseas revenue fell by 61.55% to ¥118,370,028.04 [86]. Market Trends and Opportunities - The company is positioned to benefit from the growth in the digital economy, particularly in areas such as IoT, big data, and cloud computing [33]. - The digital economy is projected to account for 10% of GDP by 2025, with significant growth in the core industries of the digital economy [34]. - The public cloud market in China is expected to exceed 230 billion yuan by 2023, with a compound annual growth rate of 35% [40]. - The rapid growth of the Internet of Things (IoT) is expected to drive significant market expansion, with IoT connections projected to exceed 2.5 billion by 2025 [40]. - The company is actively exploring new industry directions, including smart government projects, as part of its product innovation strategy [83]. Strategic Initiatives - The company aims to become a leading comprehensive service provider in the computing power infrastructure sector, driven by the national strategy for digital economy development [33]. - The "East Data West Computing" project aims to optimize data center distribution, enhancing overall computing power and promoting green development [35]. - The company is focusing on digital transformation and talent optimization to enhance its competitive advantage in the industry [81]. - The company is developing a full lifecycle management methodology for power infrastructure, leveraging operational big data to improve user experience and reduce operational costs [129]. Research and Development - In 2021, the company invested ¥1,073,000 in R&D, resulting in 16 new software copyrights and one pending patent application, bringing the total to 83 software copyrights [83]. - The company is increasing R&D investment to enhance the digital operation system and tools for computing power infrastructure management [139]. - The number of R&D personnel increased by 25.64% from 39 in 2020 to 49 in 2021, with the proportion of R&D staff remaining stable at approximately 3.08% [98]. Governance and Management - The company has established a complete internal governance structure to ensure independent decision-making and operations [150]. - The company maintains independence from its controlling shareholders in business, personnel, assets, and finance [149]. - The company has implemented a performance evaluation system for all departments, including directors and senior management, to ensure accountability [146]. - The company has established a performance-based salary system, where variable compensation is determined by individual performance results [179]. Sustainability and Social Responsibility - The company is committed to green development and aims to align with national carbon neutrality goals [33]. - The company actively responded to national environmental protection policies, promoting energy conservation and emission reduction in the data center and cloud computing sectors [198]. - The company is recognized as a model taxpayer and a "Gazelle Enterprise" in Zhongguancun, reflecting its commitment to social responsibility and compliance [200].

Financial Performance - The company's revenue for Q3 2021 was ¥338,779,216.36, an increase of 3.82% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥26,802,306.68, a decrease of 13.87% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥25,952,306.68, down 14.99% from the previous year[3]. - Total operating revenue for Q3 2021 was ¥837,515,988.22, a decrease of 8.8% compared to ¥918,017,602.74 in Q3 2020[17]. - Net profit for Q3 2021 was ¥70,722,111.35, representing a decline of 12.9% from ¥80,833,382.20 in Q3 2020[18]. - Basic and diluted earnings per share for Q3 2021 were both ¥1.18, compared to ¥1.35 in Q3 2020[19]. - The basic earnings per share for Q3 2021 was ¥0.45, down 13.87% year-on-year[3]. - Other comprehensive income after tax was -¥1,095,173.02, improving from -¥2,477,545.29 in Q3 2020[18]. Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥718,058,717.41, representing a 21.33% increase from the end of the previous year[4]. - The company's total liabilities increased by 120.03% to ¥140,766,644.58 due to increased short-term borrowings[8]. - Total liabilities increased to ¥296,385,142.79 from ¥239,761,131.65 year-over-year[16]. - Total equity attributable to shareholders of the parent company rose to ¥421,673,574.62 from ¥352,046,636.29 in the previous year[16]. - The total assets of the company reached CNY 718,058,717.41, compared to CNY 591,807,767.94 at the end of 2020, marking an increase of around 21.3%[14]. - Short-term borrowings rose to CNY 140,766,644.58 from CNY 63,976,252.75, which is an increase of approximately 119.9%[14]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥133,739,755.97, a decrease of 49.77% compared to the same period last year[8]. - Cash inflow from operating activities was ¥793,047,869.49, down 23.8% from ¥1,040,009,980.00 in the previous year[21]. - The net cash flow from operating activities was -133,739,755.97 CNY, compared to -89,295,532.41 CNY in the previous year, indicating a decline in operational performance[22]. - Total cash inflow from investment activities was 41,226,446.75 CNY, while cash outflow was 14,148,488.42 CNY, resulting in a net cash flow of -550,365.46 CNY[22]. - Cash inflow from financing activities was 227,075,171.05 CNY, with cash outflow totaling 336,414,522.43 CNY, leading to a net cash flow of 72,247,373.61 CNY[22]. - The total cash and cash equivalents at the end of the period were 122,851,531.58 CNY, down from 238,049,929.03 CNY at the beginning of the period[22]. - The company reported a significant decrease in cash and cash equivalents, indicating a need for strategic financial management going forward[22]. Shareholder Information - The company successfully issued 20 million shares at a price of CNY 21.44 per share, raising a total of CNY 428,800,000.00, with a net amount of CNY 370,577,358.45 after expenses[11]. - The top ten shareholders hold a combined 78.67% of the shares, with the largest shareholder owning 40.75%[10]. - The company has no preferred shareholders as of the report date[11]. Other Information - The company continues to focus on research and development, with R&D expenses of ¥6,849,458.09 in Q3 2021, slightly down from ¥7,565,705.55 in the previous year[17]. - The company is set to be listed on the Shenzhen Stock Exchange on October 18, 2021, under the stock name "亚康股份" (Yakang Co., Ltd.)[11]. - The company did not undergo an audit for the third quarter report[23]. - The company has not applied the new leasing standards for the current year, indicating a potential area for future compliance[23]. - The cash flow from operating activities showed a significant outflow, highlighting potential liquidity challenges[22]. - The company experienced a negative impact of -545,548.17 CNY from exchange rate fluctuations on cash and cash equivalents[22]. - The cash flow from financing activities improved compared to the previous year, suggesting better access to funding[22].