Financial Performance - The company's revenue for Q3 2022 was ¥72,779,537.45, a decrease of 14.95% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥314,714.77, down 97.94% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥1,967,528.72, a decline of 117.97%[5]. - Total operating revenue for the current period is CNY 236,658,316.90, a decrease of 20.6% compared to CNY 297,996,883.84 in the previous period[16]. - Net profit for the current period is CNY 24,232,068.08, a decline of 54.0% from CNY 52,692,765.19 in the previous period[17]. - Earnings per share (EPS) for the current period is CNY 0.3029, compared to CNY 0.8782 in the previous period[18]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,053,899,979.30, representing a 52.90% increase from the end of the previous year[5]. - Total current assets as of September 30, 2022, amount to ¥744,879,370.91, up from ¥379,229,985.11 at the beginning of the year[13]. - Total liabilities decreased to ¥170,881,273.74 from ¥231,728,787.35[14]. - Total liabilities amount to CNY 206,107,481.32, a decrease from CNY 269,191,120.32 in the previous period[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,646[11]. - The largest shareholder, Gao Donghua, holds 20.16% of shares, totaling 16,125,534 shares[11]. - The number of shares held by the top 10 shareholders represents a significant portion of the company's equity, with the top shareholder alone holding over 20%[11]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥25,112,229.61, an increase of 35.88%[5]. - Cash flow from operating activities for the current period is CNY 25,112,229.61, an increase of 36.5% from CNY 18,481,415.49 in the previous period[19]. - The net cash flow from investment activities was -14,414,572.09 CNY, compared to -29,527,204.93 CNY in the previous year, indicating an improvement[20]. - Total cash inflow from financing activities reached 435,410,000.00 CNY, significantly higher than 48,839,012.02 CNY in the same period last year[20]. - The net increase in cash and cash equivalents was 387,139,205.18 CNY, contrasting with a decrease of 9,044,802.57 CNY in the same quarter last year[20]. Government Subsidies and Other Income - The company reported government subsidies of ¥2,673,434.24 for the current period, with a total of ¥11,317,009.51 year-to-date[6]. - The company reported a 62.48% increase in other income, amounting to ¥11,317,009.51, attributed to increased government subsidies[8]. Expenses - Total operating costs for the current period are CNY 220,199,196.16, down 10.1% from CNY 244,892,636.33 in the previous period[16]. - Research and development expenses for the current period are CNY 18,975,846.62, slightly up from CNY 18,389,975.54 in the previous period[16]. - The company reported a decrease in sales expenses to CNY 3,008,780.21 from CNY 3,060,790.96 in the previous period[16]. Other Information - The company has a total of ¥248,177,165.86 in fixed assets as of September 30, 2022[14]. - The company experienced a 49.43% decrease in trading financial assets, totaling ¥12,490,000.00, primarily due to reduced investments in financial products[8]. - The company did not dispose of any subsidiaries or other operating units during the quarter, resulting in zero cash inflow from such activities[20]. - The report for the third quarter was not audited[21].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥163,878,779.45, a decrease of 22.85% compared to ¥212,428,670.81 in the same period last year[19]. - The net profit attributable to shareholders was ¥23,917,353.31, down 36.08% from ¥37,416,889.38 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was ¥16,393,634.16, a decline of 53.41% compared to ¥35,185,655.91 in the previous year[19]. - Basic and diluted earnings per share were both ¥0.38, down 38.71% from ¥0.62 in the previous year[19]. - In the first half of 2022, the company's revenue was approximately CNY 164 million, a decrease of 22.85% year-on-year, while net profit attributable to shareholders was about CNY 24 million, down 36.08% year-on-year[35]. - The camera filter business generated revenue of CNY 124 million, a decline of 35.46% compared to the previous year, while the optical communication components segment saw revenue increase by 143.49% to CNY 37 million[42]. Cash Flow and Assets - The net cash flow from operating activities increased significantly to ¥38,153,176.13, compared to a negative cash flow of ¥5,490,154.49 in the same period last year, representing a 794.94% increase[19]. - The company reported a significant increase in cash flow from operating activities, reaching CNY 38.15 million, up 891.22% year-on-year, primarily due to increased collections and reduced payments[43]. - The company reported a net increase in cash and cash equivalents of CNY 418 million, a rise of 3,297.36% year-on-year, primarily due to funds raised from its initial public offering[43]. - The total assets at the end of the reporting period were ¥1,065,064,818.02, an increase of 54.52% from ¥689,261,345.22 at the end of the previous year[19]. - The total current assets amounted to CNY 753,388,845.62, up from CNY 379,229,985.11, indicating an increase of approximately 98.5%[133]. - The company's cash and cash equivalents increased to CNY 459,211,709.23 from CNY 24,702,791.16, marking a substantial rise of about 1,759.5%[133]. Investments and R&D - The company invested CNY 11.4 million in R&D, a decrease of 6.07% from the previous year, reflecting ongoing commitment to innovation despite market challenges[43]. - The company has been continuously investing in optical communication products, including TO can caps and GPON filters, which have become new growth points for the business[34]. - The company launched a new spin-coated filter product in 2022, achieving small batch shipments[27]. - The company successfully introduced glass aspheric lens products in the first half of 2022, receiving initial recognition from some customers[27]. Market and Competitive Landscape - The global smartphone shipment is projected to decline by 3.5% to 1.31 billion units in 2022, but is expected to rebound in 2023[30]. - The optical communication market is projected to grow significantly, with the global optical module market expected to reach $20.9 billion by 2026, representing a CAGR of 14%[33]. - The smartphone camera multi-lens trend has stabilized, but smartphone shipments have declined since 2022, leading to insufficient demand and increased competition in the industry[71]. - Camera filter revenue accounted for over 75% of total revenue as of the first half of 2022, indicating a high product concentration risk[73]. Risk Management - The company has outlined potential risks and corresponding countermeasures in its management discussion and analysis section[3]. - The company is facing risks from macroeconomic fluctuations, including ongoing global supply chain issues and geopolitical conflicts, which may negatively impact operations[69][70]. - The company will continue to implement strict pandemic prevention measures and adjust its business strategies in response to changing economic conditions[70]. Corporate Governance and Compliance - The company plans not to distribute cash dividends or issue bonus shares[4]. - The half-year financial report has not been audited[91]. - The financial statements have been approved by the board of directors on August 25, 2022, ensuring compliance with accounting standards[180]. - The company has not reported any changes in the number of shares held by major shareholders during the reporting period[120]. Shareholder Information - Major shareholders include Gao Denghua with 20.16% (16,125,534 shares) and Xie Yun with 15.46% (12,371,832 shares)[120]. - The total number of common shareholders at the end of the reporting period was 15,808[120]. - The company has a total of 60,000,000 shares held by domestic natural persons, accounting for 44.52% of total shares[111]. Future Outlook - The company plans to enhance market development efforts and improve product quality and customer service to mitigate competitive risks[71]. - The company aims to deepen cooperation with existing major customers and explore new product and customer development to reduce product concentration[73]. - The company plans to focus on market expansion and new product development to enhance future growth prospects[145].