Financial Performance - The company's revenue for Q3 2022 was ¥185,483,016.16, a decrease of 15.33% compared to the same period last year[5] - The net profit attributable to shareholders was ¥10,334,910.15, down 73.85% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥7,759,437.78, a decline of 77.07% compared to the previous year[5] - Total operating revenue for Q3 2022 was CNY 587,241,371.76, an increase of 12.9% compared to CNY 520,197,538.47 in Q3 2021[23] - Net profit for Q3 2022 was CNY 48,555,115.53, a decrease of 28.9% from CNY 68,221,928.06 in Q3 2021[24] - Earnings per share for Q3 2022 was CNY 0.5329, down from CNY 0.8878 in Q3 2021[25] Assets and Equity - The total assets increased by 44.05% to ¥2,198,427,164.61 compared to the end of the previous year[5] - The equity attributable to shareholders rose by 152.68% to ¥1,575,850,949.95 compared to the end of the previous year[5] - The company's total assets as of September 30, 2022, amounted to 2,198,427,164.61, an increase from 1,526,146,182.51 on January 1, 2022[19] - The total current assets as of September 30, 2022, were 1,775,134,896.36, compared to 1,158,129,939.45 at the beginning of the year[20] - Total equity attributable to shareholders of the parent company increased to CNY 1,575,850,949.95 from CNY 623,665,686.67 year-over-year[21] Cash Flow - The net cash flow from operating activities for Q3 2022 was -65,673,610.98, a decrease of 72.97% compared to -242,999,995.80 in Q3 2021, primarily due to increased cash received from sales of goods and services[14] - The net cash flow from investing activities for Q3 2022 was -325,347,630.11, an increase of 257.75% from -90,943,048.52 in Q3 2021, mainly due to increased purchases of financial products[14] - The net cash flow from financing activities for Q3 2022 was 764,082,378.03, a significant increase of 653.88% compared to 101,352,723.96 in Q3 2021, attributed to funds raised from the company's listing on the Shenzhen Stock Exchange[14] - The net cash flow from operating activities was -65,673,610.98, an improvement from -242,999,995.80 in the previous year, indicating a reduction in cash outflow[28] - Cash inflow from financing activities totaled 969,721,944.93, up from 110,752,723.96 year-over-year[28] - The net increase in cash and cash equivalents was 373,061,136.94, contrasting with a decrease of -232,590,320.36 in the same quarter last year[28] Investments and Expenses - Investment income increased by 158.19% to ¥4,700,694.99, attributed to the investment of idle funds in financial products[13] - Research and development expenses for Q3 2022 totaled CNY 51,433,703.33, compared to CNY 47,582,057.29 in Q3 2021, reflecting a 7.8% increase[24] - The company’s investment in fixed assets and other long-term assets was 101,393,747.42, significantly higher than 3,129,947.78 in the same period last year[28] Shareholder Information - The total number of common shareholders at the end of the reporting period was 17,548, with no preferred shareholders having restored voting rights[16] - The largest shareholder, Sun Chao, holds 13.93% of the shares, amounting to 14,279,000 shares[16] Other Financial Metrics - The basic earnings per share decreased by 80.39% to ¥0.1009[5] - The weighted average return on equity dropped to 0.66%, down 87.39% year-on-year[5] - The company reported a financial income of CNY 7,578,843.86 in Q3 2022, compared to CNY 942,556.76 in Q3 2021[24] - Total liabilities as of Q3 2022 were CNY 622,623,728.36, down from CNY 902,543,830.05 in Q3 2021[21] - The company reported a total payment to employees of 80,996,974.37, slightly down from 82,500,349.77 in the previous year[28] - Tax payments amounted to 29,517,181.28, a decrease from 33,861,964.69 year-over-year[28]

Group 1: Event Details - The company will participate in the "2022 Guangdong Listed Companies Investor Online Reception Day" organized by the China Securities Regulatory Commission Guangdong Supervision Bureau and Guangdong Listed Companies Association [1] - The online event will be held on September 22, 2022, from 15:50 to 16:50 [1] - Investors can access the event through the "Panjing Roadshow" website [1] Group 2: Company Engagement - Company executives will communicate with investors regarding performance, governance, development strategy, and operational status [1] - The company encourages active participation from investors during the online interaction [1] Group 3: Assurance of Information - The company and its board guarantee that the disclosed information is true, accurate, and complete, with no false records or misleading statements [1]

Financial Performance - The company's operating revenue for the reporting period reached ¥401,758,355.60, representing a 33.42% increase compared to ¥301,132,892.64 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥38,204,384.88, up 33.11% from ¥28,701,787.91 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥28,110,761.41, reflecting a 32.24% increase from ¥21,257,131.22 in the previous year[21]. - The total assets at the end of the reporting period amounted to ¥2,240,615,224.38, a 46.82% increase from ¥1,526,146,182.51 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company surged by 149.00% to ¥1,552,924,602.90 from ¥623,665,686.67[21]. - The net cash flow from operating activities improved to -¥99,744,768.49, a 28.47% reduction in losses compared to -¥139,441,032.60 in the same period last year[21]. - Basic earnings per share slightly decreased by 0.19% to ¥0.3728 from ¥0.3735 year-on-year[21]. - The weighted average return on net assets was 3.51%, down from 4.60% in the previous year, indicating a decline of 1.09%[21]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its product offerings through new technology developments[21]. - The company has expanded its business presence by establishing subsidiaries in 27 regions, covering various sectors including government, education, and public safety[36]. - The company is focused on expanding its market presence in smart city and smart security sectors, catering to government and large enterprises[49]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[111]. - A strategic acquisition of a local tech firm is anticipated to enhance the company's product offerings and market reach[112]. Research and Development - The company has established R&D centers in Beijing, Guangzhou, and Wuhan, emphasizing independent innovation and continuous investment in R&D[40]. - R&D expenditure for the reporting period was CNY 35.31 million, accounting for 8.79% of the current operating revenue[46]. - The company has obtained 36 authorized patents, including 21 invention patents and 15 utility model patents, as well as 205 software copyrights as of June 30, 2022[45]. - Research and development expenses increased by 30% year-over-year, focusing on new technologies and product innovations[112]. - The company aims to increase its R&D investment by 15% in the next fiscal year to foster innovation[187]. Financial Management and Investments - The net cash flow from financing activities surged by 2,344.71% to ¥889,183,309.94, primarily driven by funds raised from the IPO[54]. - The total amount of raised funds was ¥91,154.85 million, with ¥6,738.59 million invested during the reporting period[71]. - The company has committed to invest RMB 60,000 million in various projects, with a cumulative investment of RMB 6,738.59 million reported[73]. - The company plans to use the raised funds primarily for smart city platform upgrades, smart security product development, and operational capital, aligning with national industrial policies and development strategies[110]. - The company has established a fundraising management system to ensure the proper, safe, and efficient use of raised funds, with a focus on improving operational efficiency and profitability[110]. Shareholder Engagement and Governance - The company has maintained a high level of shareholder engagement, with participation rates in meetings ranging from 36.04% to 61.35%[93]. - Recent changes in the board include the election of a new independent director and the appointment of a new secretary to the board[94]. - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[95]. - The company has committed to maintaining a share price above the issue price for two years following the lock-up period[106]. - The company will publicly explain any failure to fulfill reduction commitments at the shareholders' meeting and apologize to shareholders and investors[106]. Operational Efficiency and Challenges - The company has established a comprehensive management system that enhances cost control, optimizing project processes to improve efficiency[48]. - The company faces intensified market competition in the smart city and smart security sectors, necessitating continuous enhancement of product competitiveness and market expansion efforts[85]. - The company is committed to enhancing core technology and product development to reduce business seasonality risks[86]. - The impact of the COVID-19 pandemic on operations is currently minimal, but future developments could pose risks to project implementation and revenue collection[88][89]. - The company plans to continue focusing on investment and expansion strategies to enhance future growth prospects[177]. Financial Position and Assets - The company's total liabilities decreased to CNY 687,737,810.00 from CNY 902,543,830.05, a decline of approximately 23.8%[162]. - The company's equity attributable to shareholders increased to CNY 1,552,924,602.90 from CNY 623,665,686.67, representing a growth of about 148.5%[162]. - The total assets of the company increased to CNY 2,268,342,114.47 from CNY 1,511,972,804.58, reflecting a growth of 50.1%[169]. - The total cash inflow from financing activities reached 963,221,944.93 CNY, significantly higher than 53,518,898.50 CNY in the prior period, reflecting strong capital raising efforts[180]. - The total comprehensive income for the period was 204,204,220.38 CNY, compared to 145,911,911.00 CNY in the previous period, indicating a growth in profitability[183].

Financial Performance - The company reported a significant increase in revenue, with a year-over-year growth rate of X% (specific percentage not provided in the content) [14]. - The company's operating revenue for 2021 was ¥940,284,987.33, representing a 26.81% increase compared to ¥741,465,116.96 in 2020 [19]. - The net profit attributable to shareholders for 2021 was ¥105,151,528.61, a decrease of 16.89% from ¥126,521,640.51 in 2020 [19]. - The net cash flow from operating activities was -¥31,354,212.62, a decline of 115.81% compared to ¥198,306,952.41 in 2020 [19]. - The total assets at the end of 2021 amounted to ¥1,526,146,182.51, reflecting a 15.47% increase from ¥1,321,674,390.19 at the end of 2020 [19]. - The company achieved quarterly revenues of ¥420,087,448.86 in Q4 2021, marking a significant increase compared to previous quarters [21]. - The gross profit margin for the overall business was 27.85% in 2021, down from 33.98% in 2020 [73]. - The company achieved a total operating revenue of 940.28 million yuan in 2021, representing a year-on-year increase of 26.81% [88]. - The net profit attributable to shareholders was 105.15 million yuan, a decrease of 16.89% compared to the previous year, primarily due to lower gross margins on major projects in the system integration business [88]. Dividend Distribution - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares to all shareholders, based on a total of 102,470,000 shares [4]. - A cash dividend of ¥2.00 per 10 shares (including tax) was proposed, totaling ¥20,494,000.00, which represents 8.20% of the total distributable profit [193][196]. - The total share capital for the dividend distribution is 102,470,000 shares, with no stock bonus or capital reserve conversion planned for this year [193][196]. Research and Development - The company is investing in new product development, particularly in AI and IoT technologies, to enhance its service offerings [14]. - The company is committed to enhancing its research and development capabilities, with a budget increase of B% for the upcoming year [14]. - The company invested 62.41 million yuan in R&D, representing a 40.46% increase year-on-year, accounting for 6.64% of operating revenue [80]. - The company holds 29 authorized patents, including 14 invention patents and 15 utility model patents, with 38 invention patents pending [78]. - The company has established R&D centers in Beijing, Guangzhou, and Wuhan, focusing on market-oriented innovation and product development [71]. - The number of R&D personnel increased by 39.66% from 116 in 2020 to 162 in 2021, with the proportion of R&D staff rising to 22.88% [107]. Market Strategy and Expansion - The company is focusing on expanding its market presence through strategic partnerships and collaborations in the technology sector [14]. - The company aims to achieve a revenue target of Y million RMB for the next fiscal year, representing a growth of Z% compared to the previous year (specific numbers not provided in the content) [14]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the market [14]. - The company aims to leverage policy incentives and technological advancements to expand its market presence in the smart city sector [34]. - The company is focused on expanding its market presence in smart logistics, emergency supplies, and smart city applications through innovative solutions [42]. - The company has established subsidiaries in 26 regions including Shenzhen, Beijing, Haikou, Nanjing, and Xi'an, covering the entire country for sales [66]. Operational Efficiency - The company has implemented new strategies to improve operational efficiency and reduce costs by A% [14]. - The company has established a comprehensive management system that enhances cost control and operational efficiency [84]. - The company operates a project-based management model, allowing for flexible personnel allocation and efficient resource utilization [84]. - The company emphasizes the importance of real-time monitoring and early warning systems for urban infrastructure to improve operational efficiency and service levels [41]. Industry and Market Trends - The company operates in the software and information technology services industry, focusing on IoT, cloud computing, big data, and AI applications in smart city projects [28]. - The smart city industry is characterized by rapid technological updates and a focus on customized application services due to diverse client needs [30]. - The smart city market in China is projected to reach 26.6 billion USD by 2020, making it the second-largest spender globally [34]. - The increasing urban population and rapid economic growth are driving new challenges in public safety management, necessitating innovative solutions [36]. - The company’s revenue is primarily derived from smart city and smart security sectors, heavily influenced by government procurement and policies [140]. Governance and Management - The company has a diverse board with members having backgrounds in various industries, including finance, technology, and law [168]. - The company is focused on maintaining a stable governance structure with no significant changes expected in the operating environment [162]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.49 million [178]. - The company has established a remuneration committee that held 1 meeting to discuss the remuneration of directors and senior management for the year 2020 [186]. Challenges and Risks - The company faces risks from intensified market competition in the smart city and smart security sectors, which could impact profit margins and revenue stability [139]. - The ongoing COVID-19 pandemic has not yet significantly impacted the company's operations, but future changes in the pandemic situation could pose risks to project implementation and revenue [145]. - The company relies on a bidding model for project contracts, which is subject to uncontrollable factors such as client budgets and market conditions, affecting contract quantity and profitability [144].

Financial Performance - The company achieved operating revenue of CNY 193,740,238.72, representing a 110.67% increase compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 11,419,597.06, up 34.98% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 10,203,168.89, reflecting a 69.36% increase from the previous year[3]. - The company reported a basic earnings per share of CNY 0.15, a decrease of 25.00% from the previous year[3]. - Net profit for Q1 2022 reached CNY 11.42 million, compared to CNY 8.46 million in Q1 2021, reflecting a growth of 35.5%[18]. - The company reported a total comprehensive income of CNY 11.42 million for Q1 2022, compared to CNY 8.46 million in Q1 2021, an increase of 35.5%[19]. Revenue and Costs - The increase in net profit was primarily driven by growth in sales from system integration and communication security management products[7]. - The company recorded a total cost of CNY 181,474,000, which increased by 120.67% year-on-year, closely aligning with revenue growth[7]. - Operating costs for Q1 2022 amounted to CNY 181.47 million, up from CNY 82.24 million in the previous year, indicating a rise of 120.5%[17]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,459,023,227.09, down 4.40% from the end of the previous year[3]. - The total assets as of Q1 2022 were CNY 1.46 billion, a decrease from CNY 1.53 billion at the end of the previous year[15]. - Total liabilities decreased to CNY 825.69 million in Q1 2022 from CNY 902.54 million in the previous year, a reduction of 8.5%[15]. - The company's total non-current assets increased to CNY 403.18 million in Q1 2022 from CNY 368.02 million in the previous year, an increase of 9.5%[15]. - Shareholders' equity attributable to the company increased by 1.56% to CNY 633,400,852.51 compared to the end of the previous year[3]. Cash Flow - The net cash flow from operating activities improved to -CNY 81,029,656.68, a 39.30% reduction in losses compared to the same period last year[3]. - The net cash flow from operating activities was -81,029,656.68 yuan, an improvement from -133,500,527.58 yuan in the previous period, indicating a 39.3% reduction in losses[22]. - The total cash outflow from operating activities was 209,463,916.77 yuan, down from 275,239,356.29 yuan in the previous period, indicating a 23.9% decrease[22]. - The company’s cash flow from operating activities was negatively impacted, with a total cash inflow of 128,434,260.09 yuan compared to 141,738,828.71 yuan in the previous period, a decrease of 9.4%[22]. Investment and Financing Activities - The company received government subsidies amounting to CNY 1,269,984.21 during the reporting period[5]. - Total cash inflow from investment activities was 157,922,044.51 yuan, compared to 90,318,125.58 yuan in the previous period, representing a 74.6% increase[22]. - The net cash flow from investment activities was -27,697,966.75 yuan, improving from -152,653,190.32 yuan year-over-year[22]. - Cash inflow from financing activities was 32,128,738.33 yuan, up from 10,993,094.32 yuan in the previous period, marking a 192.5% increase[22]. - The net cash flow from financing activities was 29,500,429.40 yuan, a significant recovery from -3,071,150.63 yuan in the previous period[22]. - The company received 157,500,000.00 yuan from investment recoveries, significantly higher than 90,000,000.00 yuan in the previous period, showing a 75% increase[22]. - The company paid 38,620,011.26 yuan for fixed assets, up from 22,971,315.90 yuan, representing a 68.2% increase in capital expenditures[22]. Research and Development - Research and development expenses increased to CNY 19.52 million in Q1 2022 from CNY 16.50 million in Q1 2021, marking a rise of 18.3%[18].