Financial Performance - The company's operating revenue for Q1 2023 was CNY 301,920,906.87, representing an increase of 11.66% compared to CNY 270,397,856.55 in the same period last year[5]. - The net profit attributable to shareholders decreased by 4.64% to CNY 12,969,986.06 from CNY 13,611,478.04 year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 20.31% to CNY 11,284,441.56 from CNY 9,390,427.61 in the previous year[5]. - Operating revenue increased to ¥301,920,906.87, up 11.66% from ¥270,397,856.55, driven by business growth[12]. - The net profit for Q1 2023 was CNY 13,373,503.32, slightly down from CNY 13,780,048.82 in Q1 2022, representing a decrease of 2.9%[28]. - The earnings per share (EPS) for Q1 2023 was CNY 0.0324, compared to CNY 0.0378 in Q1 2022, reflecting a decline of 14.3%[29]. Cash Flow and Liquidity - The cash flow from operating activities improved by 18.38%, with a net outflow of CNY 36,459,358.65 compared to CNY 44,670,708.38 in the same period last year[5]. - Cash inflow from operating activities totaled ¥307,995,341.47, a 34.59% increase from ¥228,831,853.32, attributed to higher sales collections[13]. - Cash outflow from operating activities reached ¥344,454,700.12, up 25.94% from ¥273,502,561.70, primarily due to increased procurement and employee compensation payments[13]. - The net cash flow from operating activities improved to -¥36,459,358.65, an 18.38% reduction in losses compared to -¥44,670,708.38[13]. - The company reported a decrease in cash flow from operating activities, impacting liquidity and future investment capabilities[30]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 1,261,223,898.26, a decrease of 3.72% from CNY 1,304,941,833.52 at the end of the previous year[5]. - The company's total assets as of the end of Q1 2023 were CNY 1,261,223,898.26, a decrease from CNY 1,309,935,238.01 at the end of Q1 2022[25]. - The total liabilities decreased to CNY 256,277,000.54 in Q1 2023 from CNY 318,275,594.12 in Q1 2022, indicating a reduction of 19.5%[25]. - The company reported a total current asset of RMB 946,451,365.73 as of March 31, 2023, down from RMB 998,401,219.01 at the beginning of the year, representing a decrease of approximately 5.5%[23]. Inventory and Receivables - Inventory increased by 216.85% to CNY 22,085,896.60 from CNY 6,970,543.17, mainly due to increased service purchases and contract performance costs[10]. - Accounts receivable increased to RMB 429,673,131.71 from RMB 412,823,419.95, reflecting an increase of approximately 4.1%[23]. - Other receivables increased to RMB 12,486,210.20 from RMB 10,586,661.31, marking an increase of about 18%[23]. - The company’s prepayments rose to RMB 1,793,592.20 from RMB 475,712.11, an increase of approximately 276.5%[23]. Research and Development - R&D expenses surged by 37.01% to ¥21,822,014.22 from ¥15,926,991.46, indicating increased investment in research and development[12]. - The research and development expenses increased to CNY 21,822,014.22 in Q1 2023, up from CNY 15,926,991.46 in Q1 2022, indicating a focus on innovation[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,607, with no preferred shareholders[16]. - The top shareholder, Beijing Shenhui Holdings, holds 21.37% of shares, amounting to 85,500,000 shares, with 4,800,000 shares pledged[16]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,772,976.15 during the reporting period, which are closely related to its normal business operations[8]. - The company reported a significant increase in other income, which rose by 146.45% to ¥2,696,932.02 from ¥1,094,326.91, driven by government subsidies[12]. Strategic Acquisitions - The company completed the acquisition of 52% equity in Shenzhen Maiyaxin Technology Co., Ltd. for RMB 43.68 million, making it a subsidiary[21]. - The company’s strategic acquisition and financial adjustments indicate a focus on growth and market expansion through investments in technology[21].

Financial Performance - The company's operating revenue for 2022 was ¥1,183,887,619.13, representing a 28.93% increase compared to ¥918,266,782.21 in 2021[20]. - The net profit attributable to shareholders for 2022 was ¥89,357,293.99, up 16.80% from ¥76,504,137.77 in 2021[20]. - The net cash flow from operating activities increased by 79.04% to ¥52,431,998.15 in 2022, compared to ¥29,284,771.37 in 2021[20]. - The total assets at the end of 2022 were ¥1,304,941,833.52, a 51.52% increase from ¥861,241,499.10 at the end of 2021[20]. - The basic earnings per share for 2022 was ¥0.2437, reflecting a 13.40% increase from ¥0.2149 in 2021[20]. - The company reported a quarterly revenue of ¥322,523,555.41 in Q4 2022, showing consistent growth throughout the year[23]. - The net profit attributable to shareholders in Q4 2022 was ¥28,940,869.28, indicating a strong finish to the year[23]. - The company achieved operating revenue of 1,183.89 million yuan, representing a year-on-year growth of 28.93%[79]. - The net profit attributable to shareholders reached 89.36 million yuan, with a year-on-year increase of 16.80%[79]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2022, representing a year-over-year growth of 20%[178]. Dividend Distribution - The company plans to distribute a cash dividend of 0.8 RMB per 10 shares to all shareholders, based on a total share capital of 400,010,000 shares as of December 31, 2022[4]. - The total cash dividend represents 100% of the distributable profit of 152,720,919.93 yuan for the reporting period[194]. - The company has no stock bonus or capital reserve transfer to share capital planned for this distribution[195]. Company Structure and Governance - The company has a governance structure that complies with legal regulations, ensuring no significant discrepancies with the requirements set by the China Securities Regulatory Commission[157]. - The company has established a complete financial accounting system and operates independent bank accounts, with no shared accounts with controlling shareholders[159]. - The company has a clear separation of duties among its board members and management, with no interference from controlling shareholders in personnel decisions[158]. - The company has established a robust internal management structure that operates independently from controlling shareholders[159]. - The company has no related party transactions that are unfair or involve significant competition with controlling shareholders[159]. Research and Development - The company is investing 200 million RMB in R&D for new technologies, focusing on AI and cloud computing solutions[171]. - The company is investing heavily in R&D, with a budget allocation of 300 million RMB for new technology development in 2023, which is a 30% increase from 2022[178]. - The company has established a comprehensive talent training system, focusing on professional skills, leadership training, and management skills[192]. - The number of R&D personnel increased to 437 in 2022, a 100.46% increase from 218 in 2021, with R&D personnel accounting for 7.98% of the total workforce[102]. Market Expansion and Strategy - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to enhance its market position[165]. - The company plans to enhance its regional management system in 2023, focusing on expanding its software services in South China (Guangzhou + Shenzhen) and the central and western regions (Chengdu, Xi'an, Wuhan, Changsha) while establishing a business base in the northwest[135]. - The company aims to deepen strategic cooperation with key clients in the TMT and financial sectors, targeting major clients such as China Mobile, Ericsson, Samsung, Xiaomi, SAP, ByteDance, and Geely to enhance its core technological competitiveness[136]. - The company is focusing on R&D investments to improve high-value-added technical service capabilities, aligning with national policies on digital economy and digital transformation[138]. Risk Management - The company faces market risks due to economic fluctuations that could impact client operations and, consequently, its performance[145]. - Management risks are anticipated as the company expands, necessitating improvements in management practices and internal controls to support growth[146]. - The company recognizes human resource risks due to high turnover in the talent-intensive software and IT services industry, emphasizing the need for a robust talent retention strategy[147]. - The emergence of new technologies like cloud computing and AI poses technical risks, requiring the company to invest in R&D to maintain its competitive edge[149]. Employee and Management Compensation - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 9.4824 million yuan[181]. - The chairman and general manager, Yu Hao, received a pre-tax remuneration of 1.0141 million yuan[181]. - The total employee compensation during the reporting period amounted to 800.33 million yuan, accounting for 90.37% of the company's total operating costs[191]. - The company has implemented a long-term incentive plan for core personnel and management to align interests with shareholders[191]. Client Relationships and Sales Strategy - The company emphasizes customer relationship management to enhance client retention and expand business cooperation through positive client referrals[64]. - The company employs a direct sales model, with sales teams segmented by industry and region, utilizing brand advantage marketing and technology-driven sales strategies[63][64]. - The company has formed stable business cooperation with major banks, including state-owned banks and national joint-stock banks, providing software technology services and customized development services[45]. Technology and Innovation - The company is focusing on emerging technologies such as cloud computing, big data, artificial intelligence, and IoT to provide innovative software development solutions for clients[55]. - The company has developed AI-based products and solutions, including intelligent dialogue robots and recognition robots, to support clients' smart transformation efforts across various industries[59]. - The company is transitioning its business model from traditional technical delivery to customized software development and platform solutions, enhancing its role as a strategic partner for clients[139].

Financial Performance - The company's revenue for Q3 2022 was ¥302,519,655.75, representing a 25.52% increase year-over-year, while total revenue for the year-to-date reached ¥861,364,063.72, up 34.49% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2022 was ¥22,969,103.49, a decrease of 9.55% year-over-year, but year-to-date net profit increased by 39.67% to ¥60,416,424.71[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥22,092,582.19, up 40.12% year-over-year, with a year-to-date increase of 59.98% to ¥51,179,936.68[5]. - Total operating revenue for Q3 2022 reached ¥861,364,063.72, a 34.4% increase from ¥640,458,150.51 in the same period last year[27]. - Net profit for Q3 2022 was ¥61,576,890.43, representing a 38.7% increase compared to ¥44,406,917.50 in Q3 2021[29]. - The total comprehensive income for the period attributable to the parent company was CNY 61,077,167.44, an increase from CNY 43,226,505.96 in the previous period, representing a growth of approximately 41.3%[31]. - The total comprehensive income for the period was CNY 62,237,633.16, compared to CNY 44,377,098.42 in the previous period, reflecting an increase of approximately 40.3%[31]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥24,511,542.43 year-to-date, which is a 34.81% improvement compared to the previous year[5]. - The net cash flow from operating activities increased by 34.81% during the reporting period, driven by a 40.51% rise in cash received from sales and services, totaling approximately ¥790.95 million[16]. - The company's total assets included cash and cash equivalents of approximately ¥173.19 million, down from ¥235.08 million in the previous period[23]. - Cash inflows from operating activities amounted to CNY 798,690,875.10, up from CNY 571,058,254.92, indicating a growth of approximately 39.8%[32]. - The net cash flow from operating activities was negative CNY 24,511,542.43, an improvement from negative CNY 37,597,339.09 in the previous period[34]. - The ending balance of cash and cash equivalents was CNY 173,110,752.79, down from CNY 198,342,428.32 in the previous period, a decrease of about 12.7%[34]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥921,089,163.69, reflecting a 6.95% increase from the end of the previous year[5]. - Current liabilities totaled ¥184,087,149.89, an increase of 6.5% from ¥172,213,937.69 in the previous year[26]. - The company reported a decrease in long-term liabilities to ¥37,195,311.23 from ¥49,958,492.00 year-over-year[26]. - The company's total assets increased to ¥921,089,163.69, up from ¥861,241,499.10 at the end of the previous period[26]. - The total equity attributable to shareholders increased to ¥694,613,256.59, up from ¥633,536,089.15 in the previous year[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16, with the top ten shareholders holding significant stakes, including Beijing Shenhui Holdings at 23.75% and Beijing Huibo Chuangzhan at 16.67%[17]. - The company’s share capital increased from 360 million shares to 400.01 million shares following the IPO[22]. Research and Development - Research and development expenses for Q3 2022 were ¥57,045,085.57, representing a 58.79% increase compared to the same period last year[15]. - Research and development expenses for Q3 2022 were ¥57,045,085.57, a 58.8% increase from ¥35,924,398.00 in the same quarter last year[27]. Investment and Financial Expenses - The company experienced a decrease in financial expenses by 309.47% to -¥5,926,519.56, primarily due to the appreciation of the US dollar affecting exchange gains[15]. - The company’s investment income showed a loss of ¥1,415,954.04, compared to a gain of ¥1,291,970.99 in the previous year[29]. Inventory and Accounts Receivable - Accounts receivable increased by 45.47% to ¥362,770,058.85, attributed to sustained business growth during the reporting period[12]. - The company reported a significant increase in inventory, up 4,745.33% to ¥6,832,626.38, due to increased investment in software customization and solution services[12]. - Accounts receivable increased to approximately ¥362.77 million from ¥249.38 million, indicating growth in sales and services[23]. - Inventory levels rose significantly to approximately ¥6.83 million from ¥141,014.62, reflecting increased business activity[23]. Government Subsidies and Employee Compensation - The company received government subsidies and interest income, leading to a 102.88% increase in cash received from other operating activities, amounting to approximately ¥6.88 million[16]. - The company’s employee compensation payments increased by 41.72%, amounting to approximately ¥700.56 million, attributed to business expansion[16].