Financial Performance - The company's operating revenue for Q3 2022 was CNY 28,942,576.94, representing a year-on-year increase of 20.42%[5] - The net profit attributable to shareholders for Q3 2022 was CNY 7,580,555.64, a decrease of 10.42% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,579,723.18, an increase of 12.12% year-on-year[5] - The basic earnings per share for Q3 2022 was CNY 0.0948, a decrease of 32.81% compared to the same period last year[5] - Total operating revenue for the current period is ¥42,890,181.87, a decrease of 22.8% compared to ¥55,483,115.74 in the previous period[17] - Net profit for the current period is ¥12,173,795.97, an increase of 18.7% from ¥10,254,454.54 in the previous period[18] - Operating profit for the current period is ¥12,903,484.33, up 50.8% from ¥8,601,636.86 in the previous period[18] - Basic earnings per share for the current period is ¥0.1522, a decrease from ¥0.1709 in the previous period[18] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 66,924,455.81, a decrease of 36.54% year-on-year[5] - Cash flow from operating activities shows a net outflow of ¥66,924,455.81, worsening from a net outflow of ¥49,014,769.33 in the previous period[19] - Cash flow from investing activities has a net outflow of ¥15,947,304.70, compared to a net outflow of ¥2,524,382.35 in the previous period[20] - Cash flow from financing activities results in a net outflow of ¥92,327,613.72, contrasting with a net inflow of ¥38,376,239.37 in the previous period[20] - The ending cash and cash equivalents balance is ¥447,707,928.21, down from ¥622,907,302.44 at the beginning of the period[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 861,375,961.16, down 8.10% from the end of the previous year[5] - As of September 30, 2022, the total assets of Sichuan GuoXiang Technology Co., Ltd. amounted to CNY 861,375,961.16, a decrease from CNY 937,292,421.10 at the beginning of the year, reflecting a decline of approximately 8.1%[13] - The company's current assets totaled CNY 819,768,796.01, down from CNY 908,472,517.33 at the start of the year, indicating a reduction of about 9.8%[13] - Total liabilities decreased to CNY 56,911,107.04 from CNY 121,001,375.50, a reduction of about 52.9%[15] - The company's equity attributable to shareholders decreased to CNY 804,464,854.12 from CNY 816,291,045.60, reflecting a decline of approximately 1.4%[16] - The company had no short-term borrowings as of September 30, 2022, compared to CNY 56,770,942.07 at the beginning of the year, indicating a significant reduction in debt[15] Inventory and Prepayments - Prepayments increased by 76.20% compared to the beginning of the year, mainly due to project procurement needs[8] - Inventory increased by 159.06% compared to the beginning of the year, primarily due to project acceptance delays caused by the pandemic[8] - Inventory rose significantly to CNY 94,518,361.10 from CNY 36,484,803.33, marking an increase of approximately 159.5%[13] Government Subsidies and Shareholders - The company received government subsidies amounting to CNY 853.81 in the current period, with a total of CNY 11,143,161.65 year-to-date[7] - The number of ordinary shareholders at the end of the reporting period was 12,677[10] Product and Market Strategy - The company has not reported any new product launches or significant market expansion strategies during this period[21]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥13,947,604.93, a decrease of 55.65% compared to ¥31,448,883.08 in the same period last year[22]. - The net profit attributable to shareholders increased by 156.30% to ¥4,593,252.58, up from ¥1,792,170.38 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was -¥4,917,721.40, a decline of 575.45% compared to ¥1,034,321.93 in the same period last year[22]. - The net cash flow from operating activities was -¥50,742,103.77, which is a 7.27% increase in outflow compared to -¥47,305,199.08 in the previous year[22]. - Basic earnings per share rose by 91.97% to ¥0.0574 from ¥0.0299 in the same period last year[22]. - The company's revenue for the reporting period was ¥13,947,604.93, a decrease of 55.65% compared to the same period last year due to project acceptance delays caused by the pandemic[52]. - Operating costs were ¥7,222,316.26, down 41.32% year-on-year, primarily due to unrecognized revenue from unaccepted projects[52]. - Research and development expenses increased by 40.68% to ¥8,903,286.68, reflecting the company's commitment to enhancing R&D efforts[52]. - The company reported a significant increase in other income, amounting to ¥11,142,307.84, which is a 242.66% increase due to government subsidies and tax refunds[58]. Assets and Liabilities - Total assets at the end of the reporting period were ¥860,297,401.81, down 8.21% from ¥937,292,421.10 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 2.38% to ¥796,884,298.48 from ¥816,291,045.60 at the end of the previous year[22]. - The company's total assets decreased to CNY 849,704,120.76 in the first half of 2022 from CNY 930,648,640.83 in the previous year, a decline of 8.7%[143]. - Total liabilities decreased to CNY 54,361,332.69 in the first half of 2022, down from CNY 116,101,858.31 in the same period of 2021, a reduction of 53.2%[143]. - The company's total equity as of the first half of 2022 was CNY 795,342,788.07, compared to CNY 814,546,782.52 in the previous year, a decrease of 2.4%[143]. Research and Development - The company has established a comprehensive research and development system and a strong scientific research team, leveraging core technologies such as big data, artificial intelligence, and cloud computing[39]. - The company focuses on providing comprehensive lifecycle services, enhancing customer trust and loyalty through pre-sale, in-sale, and after-sale support[46]. - The company has committed to investing in new technologies and products to maintain competitiveness in the defense information technology sector[78]. - Research and development expenses increased to ¥9,387,978.32 in the first half of 2022, up 81.5% from ¥5,176,770.59 in the first half of 2021[149]. Market and Industry Position - The company operates in the military industry, providing lifecycle management systems and intelligent weapon systems[29]. - The company has received multiple awards for scientific and technological progress from the military, indicating strong recognition of its products and services[31]. - The national policy support for defense informationization is increasing, with a strategic emphasis on adapting to new security situations and technological trends[40]. - The demand for domestic and controllable information systems in defense is urgent, driven by the need to reduce reliance on foreign brands and enhance national security[40]. - The defense informationization industry is expected to benefit from ongoing modernization and the increasing proportion of informationization and domestic production rates in new weapon systems[40]. Corporate Governance and Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 13,829[123]. - The largest shareholder, Wei Qiang, holds 42.43% of the shares, amounting to 33,945,600 shares[123]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[127]. - The company has no strategic investors or general legal entities that have become top ten shareholders through the placement of new shares[124]. Risk Management - The company has a significant risk related to accounts receivable, which may impact cash flow and operational efficiency due to long settlement periods[79]. - The company plans to strengthen management of accounts receivable and implement measures to mitigate risks associated with large receivables[79]. - The company faces risks related to the uncertainty of COVID-19, which may slow project implementation and acceptance, potentially impacting operational performance[81]. Environmental and Social Responsibility - The company has maintained a strong commitment to environmental protection, achieving zero major safety incidents and environmental accidents in the first half of 2022[91]. - The company actively engages with investors through various channels, including investor hotlines and dedicated email addresses[90]. - The company has a focus on employee rights protection, ensuring compliance with labor laws and creating a comfortable work environment[91]. - The company continues to promote a green office concept, aiming for sustainable development through resource conservation initiatives[91].

Financial Performance - The company's operating revenue for Q1 2022 was ¥5,031,353.98, a decrease of 50.34% compared to ¥10,132,158.40 in the same period last year[3] - The net profit attributable to shareholders was -¥2,421,759.90, an improvement of 49.26% from -¥4,772,623.22 year-on-year[3] - The net cash flow from operating activities was -¥36,237,944.96, a decline of 148.48% compared to -¥14,583,872.01 in the previous year[3] - Basic and diluted earnings per share improved to -¥0.0303, up 61.89% from -¥0.0795 in the same period last year[3] - The company reported a net operating loss of CNY -2,349,479.68 for Q1 2022, an improvement from a loss of CNY -4,689,486.76 in the previous year[19] - The net profit for the first quarter of 2022 was -2,421,759.90 CNY, compared to -4,772,623.22 CNY in the same period last year, showing an improvement of approximately 49.3%[20] - The company’s total comprehensive loss for the first quarter was -2,421,759.90 CNY, compared to -4,772,623.22 CNY in the previous year, indicating a reduction in overall losses[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥882,124,086.37, down 5.89% from ¥937,292,421.10 at the end of the previous year[3] - Cash and cash equivalents at the end of Q1 2022 were CNY 549,745,145.03, down 11.7% from CNY 622,907,302.44 at the beginning of the year[15] - Total assets decreased to CNY 882,124,086.37 from CNY 937,292,421.10 at the beginning of the year, reflecting a decline of 5.9%[17] - Total liabilities decreased significantly to CNY 68,254,800.67 from CNY 121,001,375.50, a reduction of 43.6%[17] - Shareholders' equity totaled CNY 813,869,285.70, slightly down from CNY 816,291,045.60 at the beginning of the year[17] Revenue and Costs - Total operating revenue for Q1 2022 was CNY 5,031,353.98, a decrease of 50.3% compared to CNY 10,132,158.40 in the same period last year[19] - Total operating costs for Q1 2022 were CNY 7,891,695.74, down 49.5% from CNY 15,626,067.05 year-on-year[19] - The company had operating revenue of 6,397,862.40 CNY from sales of goods and services, down from 12,894,049.20 CNY year-over-year, representing a decline of approximately 50.5%[22] - The company incurred operating expenses of 20,779,209.87 CNY, which is an increase from 15,585,694.12 CNY in the same period last year, reflecting a rise of approximately 33.3%[22] Cash Flow - Total cash inflow from operating activities was 10,863,191.90 CNY, while total cash outflow was 47,101,136.86 CNY, resulting in a significant cash outflow[22] - The company reported a total cash outflow from financing activities of -36,538,258.75 CNY, compared to -117,450.00 CNY in the previous year, indicating increased cash outflow related to financing[24] Shareholder Information - The company had a total of 17,254 common shareholders at the end of the reporting period[9] - Major shareholder Wei Qiang holds 42.43% of the shares, totaling 33,945,600 shares[9] Government Support - The company received government subsidies amounting to ¥29,511.58 during the reporting period[6] Impact of External Factors - The decrease in revenue was primarily attributed to the impact of the pandemic[7] - The increase in net profit was mainly due to higher interest income from raised funds[7] Research and Development - Research and development expenses for Q1 2022 were CNY 3,637,515.79, an increase of 102.5% compared to CNY 1,791,697.62 in the previous year[19] Accounts Receivable and Inventory - Accounts receivable increased slightly to CNY 232,768,749.14 from CNY 235,664,872.34 at the beginning of the year[15] - Inventory at the end of Q1 2022 was CNY 49,925,693.36, up 37.0% from CNY 36,484,803.33 at the beginning of the year[16]

Financial Performance - The company's total revenue for 2021 was ¥157,351,049.75, representing a slight increase of 0.16% compared to ¥157,094,569.17 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥58,290,969.54, which is a 3.07% increase from ¥56,554,218.92 in the previous year[19]. - The net profit after deducting non-recurring gains and losses decreased by 10.26% to ¥52,074,686.70 from ¥58,027,108.34 in 2020[19]. - The company's total assets increased significantly by 253.68% to ¥937,292,421.10 at the end of 2021, compared to ¥265,010,730.06 at the end of 2020[19]. - The net assets attributable to shareholders rose by 332.13% to ¥816,291,045.60 from ¥188,899,859.09 in the previous year[19]. - The basic earnings per share for 2021 was ¥0.9453, a slight increase of 0.29% from ¥0.9426 in 2020[19]. - The weighted average return on net assets decreased to 23.70% in 2021 from 35.21% in 2020, reflecting a decline of 11.51%[19]. - The net cash flow from operating activities for 2021 was negative at -¥19,797,815.28, a significant decrease compared to a positive cash flow of ¥3,455,105.49 in 2020[19]. - The total operating revenue for 2021 was CNY 157,351,049.75, representing a year-on-year increase of 0.16%[64]. - The net profit attributable to shareholders for the fourth quarter of 2021 was CNY 48,036,515.00, compared to a net loss of CNY 5,362,475.60 in the same quarter of 2020[62]. - The gross profit margin for the military industry segment was 67.49%, a decrease of 0.64% compared to the previous year[64]. - Research and development expenses increased by 27.23% to CNY 16,208,305.42, reflecting the company's commitment to enhancing its R&D capabilities[72]. - The cash flow from operating activities showed a net outflow of CNY 19,797,815.28, a significant decline of 673.00% compared to the previous year[75]. - The company reported a significant increase in financing cash inflows, totaling CNY 663,507,169.81, due to the issuance of new shares[75]. - The company reported cash and cash equivalents of ¥622,907,302.44, representing a 66.46% increase due to funds raised from the initial public offering[78]. - The company reported a total of 261,398,816.97 RMB in raised funds, with 78,367,400 RMB allocated for permanent working capital and bank loan repayment[90]. - The company reported a total distributable profit of 58,290,969.54 yuan for the reporting period[155]. Research and Development - The company plans to increase R&D investment to innovate product forms and actively contribute to national defense construction, seizing industry development opportunities[30]. - The company focuses on the application of self-controllable new generation information technology in the military industry, providing comprehensive solutions for defense informationization and equipment management[31]. - The company has established a comprehensive management system for military product R&D, production, quality control, and service management[31]. - The company has developed a range of intelligent weapon equipment control modules, including weapon fire control modules and cockpit display control system modules, to meet customer demands[37]. - The company aims to provide comprehensive solutions for defense units, integrating software-defined hardware with specialized systems[41]. - The company is focused on continuous improvement in production efficiency and quality control, which has resulted in a strong ability to meet customer demands quickly[54]. - The company has a strong R&D capability, with ongoing investments leading to the development of multiple products, including a new generation of health management systems for military vehicles[52]. - The company is investing 200 million RMB in R&D for new technologies aimed at enhancing product features and user experience[137]. - The company plans to focus on the research and production of military unmanned platform information systems to meet the growing demand for intelligent and miniaturized applications[93]. - The company aims to enhance the reliability and stability of existing products while expanding into military vehicles and vessels[94]. - The company plans to develop a new generation of data link systems to improve operational capabilities under complex conditions[95]. - The company aims to accelerate the development of technology products, focusing on military-civilian dual-use products and a new generation of data link systems, while enhancing the existing military product business[97]. Market Position and Strategy - The company has established long-term stable relationships with major clients, including the People's Liberation Army and several large state-owned military groups, enhancing customer loyalty and service continuity[51]. - The company has a robust order acquisition capability, driven by its alignment with national defense needs and technological innovation tailored to various military branches[54]. - The company plans to expand its application fields based on existing military communication systems and develop derivative devices for various military branches[93]. - The company aims to enhance its position as a leading enterprise in the national defense informationization sector, focusing on economic and social benefits[90]. - The company will increase market expansion efforts by implementing a brand strategy and establishing a specialized marketing service system to improve market share over the next three years[99]. - The company is actively involved in market expansion efforts, leveraging its technological capabilities to capture new opportunities[129]. - The company has completed an acquisition of a local tech startup for 300 million RMB to enhance its technological capabilities[137]. - The company aims to launch three new products in 2022, which are anticipated to generate approximately 300 million yuan in revenue[175]. - The company plans to actively participate in the development of a new generation of spectrum monitoring network equipment to enhance the military spectrum management system, which currently suffers from slow response times and low intelligence levels[96]. Corporate Governance - The company maintains complete independence in asset ownership, with no disputes over asset rights[117]. - All senior management personnel are elected or appointed through legal procedures, ensuring independence from controlling shareholders[118]. - The company has established an independent financial accounting system and does not share bank accounts with controlling shareholders[119]. - The governance structure includes a shareholders' meeting, board of directors, and supervisory board, operating independently from controlling shareholders[120]. - The company held three shareholder meetings in 2021, with all resolutions passed unanimously[122]. - The company has independent directors who do not hold positions in controlling shareholders' enterprises[124]. - The company has a structured approach to corporate governance, with a dedicated supervisory board to ensure compliance and accountability[130]. - The company has committed to ensuring that all shareholders have the necessary qualifications to hold shares, with no legal restrictions on shareholding[177]. - The company has outlined its commitment to protecting the rights of investors through effective remedial measures in case of commitment breaches[176]. - The company has established procedures to ensure that related party transactions are conducted in compliance with legal and regulatory requirements[171]. Environmental and Social Responsibility - The company aims to maximize its social responsibility while pursuing economic benefits, fostering a balance between economic and social values[166]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[164]. - There were no significant environmental protection issues reported, as the company is not classified as a key pollutant discharge unit[164]. - Employee rights are protected through established labor security, compensation, and safety systems, promoting a comfortable working environment[166]. Shareholder and Financial Management - The company is currently in a lock-up period for its shares, which will last for 12 months following its IPO on the ChiNext board[172]. - Shareholders are restricted from transferring or managing their shares during the lock-up period, ensuring stability in the company's stock performance[172]. - The company has committed to not repurchase shares during the lock-up period, further supporting shareholder confidence[172]. - The company will ensure that any necessary related party transactions are conducted at fair market prices and in accordance with the issuer's articles of association[171]. - The company guarantees that its prospectus does not contain any false records, misleading statements, or major omissions[174]. - The company will compensate investors for direct economic losses caused by violations of information disclosure laws within five trading days of the regulatory authority's determination[174]. - The company will initiate a share repurchase program if it fails to meet the issuance conditions, with the repurchase price based on the issuance price plus bank interest[174]. - The company has committed to not interfering in management activities or infringing on company interests[173]. - The company will publicly announce any failure to implement measures to protect investor interests and provide alternative commitments[173]. Internal Control and Compliance - The company has implemented a comprehensive internal control system to ensure compliance and operational efficiency[157]. - There were no significant internal control deficiencies identified during the reporting period[158]. - The internal control audit report issued by DaXin Accounting Firm provided a standard unqualified opinion, confirming effective financial reporting internal controls[162]. - The company emphasizes the importance of corporate governance and adheres to various legal and regulatory requirements to ensure sustainable development[165].