Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,066,642,503.89, representing a 21.43% increase compared to ¥878,424,002.91 in the same period last year[5] - Net profit attributable to shareholders was ¥31,804,553.23, up 33.18% from ¥23,880,441.97 year-on-year[5] - Basic and diluted earnings per share both increased to ¥0.10, reflecting a growth of 33.18% from ¥0.07 in the same period last year[5] - Total operating revenue for the current period reached ¥1,066,642,503.89, an increase of 21.4% compared to ¥878,424,002.91 in the previous period[24] - Net profit for the current period was ¥31,804,553.23, representing a 33.3% increase from ¥23,880,441.97 in the previous period[26] Cash Flow - The net cash flow from operating activities surged to ¥269,277,183.18, a significant increase of 326.92% compared to ¥63,074,266.67 in the previous year[5] - Cash generated from operating activities was ¥1,023,688,058.32, significantly higher than ¥549,687,803.06 in the previous period[27] - Total cash inflow from operating activities reached $1.04 billion, compared to $567.53 million previously, indicating a growth of about 83%[28] - Cash outflow from operating activities was $766.16 million, up from $504.45 million, representing an increase of around 52%[28] - The ending balance of cash and cash equivalents was $2.13 billion, up from $1.82 billion, reflecting an increase of approximately 17%[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,640,248,046.30, marking a 5.74% increase from ¥6,279,690,766.70 at the end of the previous year[5] - Total current assets at the end of the reporting period amount to ¥4,561,534,295.06, an increase from ¥4,450,750,785.62 at the beginning of the period[20] - Total liabilities increased to ¥4,547,614,816.26 from ¥4,219,482,752.43, marking a rise of 7.8%[22] - Total equity attributable to shareholders reached ¥2,092,633,230.04, up from ¥2,060,208,014.27, indicating a growth of 1.6%[22] Investments - The company's long-term equity investments rose by 35.50%, reaching ¥1,019,421,857.93, up from ¥752,334,366.80[10] - The company’s investment income increased by 49.97%, amounting to ¥10,653,067.64 compared to ¥7,103,620.64 in the previous year[11] - The company confirmed an increase in net profit from joint ventures during the reporting period[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 46,478[16] - The largest shareholder, Weichai Holding Group Co., Ltd., holds 30.59% of shares, totaling 101,358,600 shares[16] - The total number of preferred shareholders at the end of the reporting period is 0, indicating no preferred shares issued[19] Operating Costs and Expenses - Total operating costs amounted to ¥1,063,020,579.13, up from ¥866,502,016.45, reflecting a growth of 22.6%[24] - Research and development expenses were ¥64,206,141.69, an increase of 16.5% from ¥54,958,797.47[25] - The company paid $96.71 million in employee-related cash expenses, which increased from $89.36 million, showing a rise of about 8%[28] Other Income and Financials - The company reported a significant increase in other income, which rose by 86.52% to ¥22,149,243.55 from ¥11,874,957.46 year-on-year[11] - The company reported a financial expense of -¥8,157,154.53, an improvement compared to -¥8,979,916.77 in the previous period[25] - Deferred income tax liabilities decreased to ¥10,908,123.93 from ¥11,317,086.79, a decline of 3.6%[22] - The company received tax refunds amounting to $6.71 million during the reporting period[28] Audit and Strategy - The company has not disclosed any new strategies or significant market expansions in the current reporting period[19] - The company did not conduct an audit for the first quarter report[30]

Financial Performance - The company's operating revenue for Q1 2025 was ¥4,214,355,369.19, representing an increase of 8.99% compared to ¥3,866,684,797.87 in the same period last year[4] - The net profit attributable to shareholders was ¥1,090,726,175.19, up by 5.21% from ¥1,036,713,969.25 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 30.39% to ¥1,059,858,307.79 from ¥812,854,501.46 in the previous year[4] - The company’s diluted earnings per share rose by 7.32% to ¥0.44 from ¥0.41 year-on-year[4] - Net profit for Q1 2025 was CNY 2,137,366,086.50, up from CNY 2,090,565,531.65, marking an increase of 2.23%[22] - Earnings per share (EPS) for Q1 2025 was CNY 0.44, compared to CNY 0.41 in the previous year, indicating a growth of 7.32%[22] Cash Flow and Investments - The net cash flow from operating activities decreased by 17.66% to ¥1,172,302,133.44 from ¥1,423,655,572.28 in the same period last year[4] - Cash and cash equivalents decreased from 16,630,400,701.13 yuan to 14,806,669,856.63 yuan, a decline of approximately 10.96%[18] - Cash inflow from investment activities totaled CNY 9,385,391,615.27, a significant increase of 70.5% compared to CNY 5,505,000,184.77 in the previous period[24] - Net cash flow from investment activities was negative at CNY -2,574,647,512.36, contrasting with a positive CNY 489,324,129.90 in the previous period[24] - Cash inflow from financing activities decreased to CNY 3,854,197,878.02, down 7.8% from CNY 4,178,680,721.03 in the previous period[24] - The company received CNY 8,540,000,000.00 from investment recoveries, up from CNY 5,080,000,000.00 in the previous period[23] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥204,263,241,996.94, reflecting a growth of 1.36% from ¥201,517,851,881.45 at the end of the previous year[6] - Total liabilities remained relatively stable at CNY 73,704,206,013.06, slightly up from CNY 73,359,413,107.20[20] - The equity attributable to shareholders increased by 1.79% to ¥62,600,706,274.37 from ¥61,502,739,842.96 at the end of the previous year[6] Shareholder Information - The total number of common shareholders at the end of the reporting period was 35,996, with 25,724 A-share and 10,272 B-share holders[13] - The top ten shareholders hold a total of 1,148,648,648 shares, representing 45.92% of the total share capital[13] - The company has a share repurchase account holding 11,155,474 shares, accounting for 0.45% of the total share capital[14] Strategic Plans and Operational Efficiency - The company aims to enhance investment value and shareholder returns through a valuation enhancement plan approved on February 27, 2025[15] - The company is committed to improving operational efficiency and profitability through compliance with regulatory requirements[14] - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[22] - The company has established a plan to utilize share repurchases and cash dividends to enhance investment value[15] Research and Development - Research and development expenses increased to CNY 46,195,951.47 from CNY 38,342,010.57, indicating a focus on innovation and product development[21] Other Financial Metrics - Total operating costs decreased to CNY 3,189,038,065.34 from CNY 3,245,856,053.42, reflecting a reduction of 1.75%[21] - The company reported an investment income of CNY 1,421,217,121.49, an increase from CNY 1,324,200,287.75, reflecting a growth of 7.35%[21] - Operating cash inflow for the current period was CNY 4,134,269,331.35, an increase of 2.2% from CNY 4,045,338,443.87 in the previous period[23] - The ending cash and cash equivalents balance was CNY 14,740,202,323.26, down from CNY 15,958,661,444.71 in the previous period[24] - Total cash outflow for investment activities was CNY 11,960,039,127.63, an increase from CNY 5,015,676,054.87 in the previous period[24] Audit Information - The company did not undergo an audit for the first quarter report[25]

Revenue and Profit - Revenue for Q1 2025 was CNY 1,359,806,528.23, a decrease of 23.41% compared to CNY 1,775,501,650.83 in the same period last year[4] - Net profit attributable to shareholders was CNY 91,622,758.47, down 22.75% from CNY 118,611,316.08 year-on-year[4] - Basic and diluted earnings per share decreased by 27.27% to CNY 0.08 from CNY 0.11 in the same period last year[4] - Operating profit fell to ¥121,765,589.81 compared to ¥189,724,820.67, reflecting a decline of approximately 35.8%[15] - Net profit before tax decreased to ¥121,740,672.05 from ¥189,623,279.99, a drop of around 35.8%[15] - The net profit attributable to the parent company was 91,622,758.47 yuan, a decrease from 118,611,316.08 yuan in the previous period, representing a decline of approximately 22.7%[16] - The total comprehensive income attributable to the parent company was 91,621,942.47 yuan, down from 118,612,300.08 yuan, indicating a decrease of about 22.7%[16] - The company’s total comprehensive income for the period was 97,009,540.53 yuan, down from 156,442,829.27 yuan, reflecting a decrease of about 38.0%[16] Cash Flow - Net cash flow from operating activities increased by 207.56%, reaching CNY 145,452,192.41, compared to a negative cash flow of CNY -135,230,183.36 in the previous year[4] - The company reported a significant improvement in cash flow due to better collection of receivables during the reporting period[7] - Operating cash inflow from sales of goods and services was 2,256,773,245.45 yuan, an increase of 24.9% compared to 1,803,430,933.80 yuan in the previous period[18] - The net cash flow from operating activities was 145,452,192.41 yuan, a significant improvement from a net outflow of -135,230,183.36 yuan in the previous period[19] - Cash and cash equivalents at the end of the period totaled 3,161,064,189.52 yuan, up from 2,515,547,622.10 yuan, reflecting an increase of approximately 25.6%[20] - The cash outflow from investing activities was 13,637,638.93 yuan, compared to 28,358,318.86 yuan in the previous period, showing a decrease of about 52.1%[19] - The net cash flow from financing activities was 34,109,958.03 yuan, an increase from 28,930,774.59 yuan in the previous period, representing a growth of approximately 17.5%[20] - The company received 25,000,000.00 yuan related to investment activities, indicating new inflows in this area[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,481,320,524.51, a decrease of 4.58% from CNY 15,177,094,225.64 at the end of the previous year[4] - Total liabilities decreased to ¥9,273,255,190.23 from ¥9,973,788,260.76, a decline of approximately 7.0%[14] - Accounts receivable decreased significantly to ¥1,337,338,040.13 from ¥1,906,392,059.26, a decline of approximately 29.9%[13] - Cash and cash equivalents increased to ¥3,318,997,272.64 from ¥3,175,628,122.55, showing a growth of about 4.5%[13] - The company reported a significant reduction in employee compensation liabilities, down to ¥13,938,610.51 from ¥42,716,878.66, a decrease of about 67.4%[14] - The company’s long-term investments remained stable at ¥1,308,598,006.77 compared to ¥1,310,609,371.77, showing minimal change[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,857[9] - Zhejiang Hongrun Holdings Co., Ltd. held 30.48% of the shares, with 201,400,000 shares pledged[9]

Financial Performance - The company's operating revenue for Q1 2025 was ¥212,617,405.03, a decrease of 28.53% compared to ¥297,505,125.10 in the same period last year[5] - The net profit attributable to shareholders was -¥37,928,501.88, representing a decline of 263.97% from -¥10,420,842.91 year-on-year[5] - The company's basic and diluted earnings per share were both -¥0.0373, a decrease of 265.69% from -¥0.0102 in the same period last year[5] - Net loss for the period was ¥44,991,062.54, compared to a net loss of ¥8,906,527.15 in the previous period, representing a significant increase in losses[21] - The company's operating profit was reported at -¥44,796,071.25, worsening from -¥8,114,053.98 in the prior period[20] - The total equity decreased to ¥1,811,521,327.71 from ¥1,857,588,148.60, a decline of about 2.5%[19] - The company's total assets increased to 3,933,947,109.48 CNY from 3,827,220,065.96 CNY, representing a growth of approximately 2.8%[25] Cash Flow - The net cash flow from operating activities was -¥120,954,100.18, a decrease of 4.22% compared to -¥116,060,647.07 in the previous year[5] - Operating cash flow for the period was -120,954,100.18 CNY, slightly worse than the previous period's -116,060,647.07 CNY[22] - Total cash inflow from operating activities decreased to 267,853,497.11 CNY from 343,941,637.28 CNY in the previous period, a decline of approximately 22%[22] - Cash outflow from operating activities was 388,807,597.29 CNY, down from 460,002,284.35 CNY, indicating a reduction of about 15.6%[22] - Investment activities generated a net cash flow of -1,465,371.80 CNY, an improvement from -72,103,899.44 CNY in the previous period[22] - Financing activities resulted in a net cash flow of 111,661,349.41 CNY, compared to -50,564,190.56 CNY previously, marking a significant turnaround[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,600,694,704.10, an increase of 4.16% from ¥3,456,736,598.17 at the end of the previous year[5] - The total liabilities increased to ¥1,789,173,376.39 from ¥1,599,148,449.57, reflecting a rise of approximately 11.9%[19] - The total non-current liabilities surged to ¥978,660,506.44 from ¥275,945,749.18, indicating a substantial increase[19] - Current assets totaled 650,000,691.52 CNY, up from 544,006,014.74 CNY, reflecting a growth of approximately 19.5%[25] - Total liabilities decreased to 1,273,773,303.50 CNY from 1,167,741,892.94 CNY, indicating a reduction of about 9%[25] Investments - The company reported a significant increase in investment income of 180.08%, amounting to ¥9,810,009.42, compared to the previous year[10] - The company issued medium-term notes amounting to RMB 525 million during the reporting period[16] - The company’s long-term equity investments slightly increased to RMB 491,679,972.53 from RMB 490,028,859.80, a marginal rise of approximately 0.34%[18] Legal Matters - The company is involved in a legal dispute with an amount in question of RMB 175.05 million related to a lawsuit filed by Hengyang Urban Renewal Investment Co., Ltd.[16] Future Outlook - Future outlook includes a focus on cost management and potential market expansion strategies to improve financial performance[20]

Revenue and Profitability - Revenue for Q1 2025 reached ¥309,843,246.20, an increase of 26.09% compared to ¥245,729,731.42 in the same period last year[4] - Net profit attributable to shareholders was -¥9,242,566.91, a decrease of 683.23% from ¥1,584,714.72 in the previous year[4] - Basic and diluted earnings per share were both -¥0.0183, down 690.32% from ¥0.0031 in the same period last year[4] - The net profit for the current period was a loss of ¥9,780,302.34, compared to a profit of ¥2,836,775.82 in the previous period, indicating a significant decline in profitability[14] - The total comprehensive income for the period was -9,721,185.86, compared to 2,811,585.79 in the previous period[15] - The company did not report any net profit from the merged entity prior to the merger, with previous net profit also reported as 0.00[15] Assets and Liabilities - Total assets decreased by 2.87% to ¥2,493,005,857.47 from ¥2,566,791,973.96 at the end of the previous year[4] - Current liabilities totaled ¥1,165,758,484.03, down from ¥1,252,955,117.81, showing a decrease of about 6.9%[13] - The company's cash and cash equivalents decreased to ¥359,817,716.89 from ¥411,123,395.28, a decline of approximately 12.5%[12] - Accounts receivable increased to ¥770,483,668.78 from ¥702,971,103.53, reflecting a growth of about 9.6%[12] - The company's long-term investments decreased slightly to ¥39,487,668.89 from ¥40,932,422.22, a decline of about 3.5%[12] - The total equity attributable to the parent company decreased to ¥1,198,628,979.60 from ¥1,207,827,403.88, a reduction of approximately 0.8%[13] Cash Flow - Cash flow from operating activities showed a slight improvement, with a net cash outflow of -¥76,739,353.46, a 4.79% improvement from -¥80,603,374.46 in the previous year[4] - The net cash flow from operating activities was -76,739,353.46, slightly improved from -80,603,374.46 in the previous period[17] - Cash received from the sale of goods and services amounted to 235,612,524.79, an increase from 144,474,814.19 in the previous period[16] - The company reported a total cash outflow from operating activities of 342,584,609.60, compared to 246,056,175.99 in the previous period[17] - The net cash flow from investing activities was 2,373,069.44, a significant improvement from -2,301,779.84 in the previous period[17] - Cash flow from financing activities showed a net increase of 26,803,796.81, compared to a net outflow of -2,345,765.15 in the previous period[17] Expenses - Sales expenses increased by 43.63% to ¥15,995,526.03, primarily due to increased costs associated with new market development[7] - The company's total operating costs increased to ¥315,401,386.29 from ¥249,641,600.23, reflecting a rise of about 26.4%[14] - The company reported a significant increase in sales expenses, which rose to ¥15,995,526.03 from ¥11,136,326.61, an increase of approximately 43.5%[14] Borrowings and Financing - Long-term borrowings increased by 101.50% to ¥54,605,912.83, reflecting the addition of new long-term loans of ¥30 million[7] - The company received 31,000,000.00 in cash from borrowings during the financing activities[17] Shareholder Information - The company reported a total of 78,103 common shareholders at the end of the reporting period[9]

广州广合科技股份有限公司 2025 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 广州广合科技股份有限公司 2025 年第一季度报告 证券代码：001389 证券简称：广合科技 公告编号：2025-018 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经审计 □是 否 1 广州广合科技股份有限公司 2025 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | （%） | | | 营业收入（元） | 1,116,984,677.76 | 784,357,516.96 | | 42.41% ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥243,082,116.80, a decrease of 18.03% compared to ¥296,560,734.22 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥54,542,375.88, an improvement of 5.72% from a loss of ¥58,707,099.97 in the previous year[4] - The net cash flow from operating activities improved by 57.89%, reaching -¥188,424,204.01 compared to -¥447,503,887.02 in the same period last year[12] - Total operating revenue for the current period is CNY 243,082,116.80, a decrease of 18.0% from CNY 296,560,734.22 in the previous period[23] - The company reported a net loss of CNY 62,303,878.21 for the current period, compared to a net loss of CNY 66,361,177.91 in the previous period, indicating a reduction in losses[24] - Basic and diluted earnings per share are both CNY -0.073, an improvement from CNY -0.096 in the previous period[25] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥6,520,037,104.65, a decrease of 3.44% from ¥6,752,422,553.02 at the end of the previous year[5] - The company’s total equity attributable to shareholders decreased by 11.59% to ¥2,322,191,078.32 from ¥2,626,733,454.20 at the end of the previous year[5] - The company’s total liabilities amounted to CNY 4,000,000,000.00, which is a critical factor for assessing its financial health[20] - Total liabilities amount to CNY 4,049,994,282.55, an increase from CNY 3,970,075,852.75 in the previous period[22] Cash Flow - The cash flow from investment activities improved by 78.02%, amounting to -¥20,263,763.01 compared to -¥92,184,159.26 in the previous year[12] - Cash received from operating activities totaled CNY 428,459,431.92, compared to CNY 270,317,811.27 in the previous period, indicating a significant increase[27] - The net increase in cash and cash equivalents was -$251.32 million, with the ending balance at $417.18 million[29] - The beginning cash and cash equivalents balance was $668.50 million, indicating a significant decrease during the period[29] Research and Development - Research and development expenses decreased by 30.63% to ¥65,835,914.43 from ¥94,904,435.31 in the same period last year[11] - Research and development expenses for the current period are CNY 65,835,914.43, a decrease of 30.7% from CNY 94,904,435.31 in the previous period[23] Shareholder Equity and Borrowings - The company’s long-term borrowings increased by 34.29% to ¥197,353,523.63, attributed to increased bank loans by subsidiaries[10] - Long-term borrowings increased to CNY 197,353,523.63 from CNY 146,964,279.87 in the previous period, reflecting a growth of 34.3%[22] - Short-term borrowings decreased to CNY 834,298,266.64 from CNY 869,420,804.82, a reduction of about 4.0%[20] Other Financial Aspects - The company reported a significant increase in other operating income, which rose by 1765.19% to ¥868,485.81 due to increased government subsidies received[11] - The company issued 146,840,727 new shares for asset acquisition, increasing the total share capital to 751,113,504 shares[17] - The company provided a loan of CNY 14.07 million to Shaanxi Changling Electronics Technology Co., Ltd., which has been fully repaid[16] - The company reported a total current liabilities of CNY 2,500,000,000.00, reflecting a significant portion of its total liabilities[20] Financial Reporting and Future Outlook - The first quarter report was not audited, which may affect the reliability of the financial data presented[30] - The company plans to implement new accounting standards starting in 2025, which could impact financial reporting[30] - The company has not disclosed any new product developments or market expansion strategies in the current report[31] - There were no mentions of mergers or acquisitions in the latest financial update[31] - The company continues to monitor cash flow management closely amid significant cash outflows[29]

Financial Performance - The company's revenue for Q1 2025 was ¥330,955,782.73, a decrease of 10.91% compared to ¥371,499,566.76 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥8,908,726.80, representing a decline of 552.48% from a profit of ¥1,968,847.43 in the previous year[5]. - The net cash flow from operating activities was negative at ¥7,810,608.06, down 119.38% from ¥40,310,632.91 in the same period last year[5]. - Basic and diluted earnings per share were both -¥0.028, a decrease of 551.61% from ¥0.0062 in the previous year[5]. - Total operating revenue decreased to ¥330,955,782.73 from ¥371,499,566.76, representing a decline of approximately 10.9% year-over-year[16]. - Net profit for the period was a loss of ¥7,822,983.21 compared to a profit of ¥4,117,262.03 in the previous period, indicating a significant decline[17]. - Total comprehensive income for the period was a loss of ¥8,173,377.63 compared to a gain of ¥4,391,402.00 in the previous period[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,601,044,645.53, a decrease of 4.22% from ¥2,715,640,470.36 at the end of the previous year[5]. - Total current assets decreased from 1,575,803,411.76 to 1,466,592,829.54, a reduction of approximately 6.9%[13]. - Cash and cash equivalents decreased from 161,023,806.99 to 92,641,655.48, a decline of about 42.5%[13]. - Total liabilities decreased from 1,664,097,521.12 to 1,557,732,070.87, a reduction of approximately 6.4%[14]. - The company reported a negative retained earnings of -55,893,944.51, compared to -46,985,217.71 in the previous period[15]. - The total equity attributable to the parent company decreased from 1,007,366,671.07 to 998,050,552.90, a decline of approximately 0.3%[15]. Expenses - Sales expenses decreased by 42.77% to ¥8,738,000.00, primarily due to reduced marketing expenses for new product categories[9]. - Research and development expenses decreased by 22.67% to ¥7,835,000.00, mainly due to a reduction in R&D spending related to construction business[9]. - The company reported a significant increase in financial expenses by 56.94% to ¥7,250,000.00, attributed to unrealized financing gains from the previous period[9]. - The company experienced a significant increase in financial expenses, with interest expenses rising to ¥12,612,382.48 from ¥11,395,557.50[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,854[11]. - The largest shareholder, Shenzhen Huaxin Chuangli Technology Development Co., Ltd., holds 9.67% of shares, with 30,737,862 shares pledged[11]. - The company has no preferred shareholders or significant changes in the top 10 shareholders participating in margin trading[12]. Cash Flow - Operating cash flow net amount was negative at ¥7,810,608.06, down from a positive cash flow of ¥40,310,632.91 in the previous period[19]. - Cash and cash equivalents at the end of the period decreased to ¥45,666,912.76 from ¥91,644,689.19, a drop of approximately 50.1%[20]. Tax and Other Income - Other income increased by 255.11% to ¥284,000.00, primarily due to VAT refund subsidies received during the period[9]. - The company reported an increase in tax expenses, with income tax expense recorded at -¥126,717.37 compared to ¥457,655.03 in the previous period[17]. R&D and Market Strategy - The company maintains a strong focus on R&D and market expansion strategies, although specific new products or technologies were not detailed in the provided content[11].

Financial Performance - The company's revenue for Q1 2025 reached ¥396,897,301.12, representing a 39.33% increase compared to ¥284,857,334.83 in the same period last year[5]. - Net profit attributable to shareholders was ¥21,163,432.83, a significant increase of 145.23% from ¥8,629,867.96 year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥20,521,034.71, up 126.50% from ¥9,060,148.45 in the previous year[5]. - Basic and diluted earnings per share increased to ¥0.16, reflecting a growth of 166.67% compared to ¥0.09 in the previous year[5]. - The net profit for the current period is CNY 21,183,550.99, a significant increase from CNY 8,085,699.53 in the previous period, representing a growth of approximately 162.5%[18]. - Operating profit for the current period reached CNY 22,597,860.81, compared to CNY 10,048,887.94 in the previous period, indicating an increase of about 125.5%[18]. - Total comprehensive income for the current period is CNY 20,558,604.77, up from CNY 7,141,752.48 in the previous period, reflecting a growth of approximately 187.5%[19]. - Basic and diluted earnings per share for the current period are both CNY 0.16, compared to CNY 0.06 in the previous period, marking an increase of 166.7%[19]. Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥72,035,709.12, a 244.59% increase from a negative cash flow of ¥49,821,197.59 in the same period last year[5]. - Cash flow from operating activities generated a net amount of CNY 72,035,709.12, a turnaround from a negative cash flow of CNY -49,821,197.59 in the previous period[19]. - Cash and cash equivalents at the end of the period were ¥208,710,734.17, an increase of 26.7% from ¥164,764,919.54 at the beginning of the period[13]. - Cash and cash equivalents at the end of the period increased to CNY 193,792,062.79 from CNY 105,256,121.34, representing a growth of approximately 83.9%[20]. Operational Metrics - Total operating revenue for the current period reached ¥396,897,301.12, a significant increase of 39.3% compared to ¥284,857,334.83 in the previous period[17]. - Total operating costs amounted to ¥373,975,076.13, up 37.5% from ¥271,931,458.43 in the prior period, with operating costs specifically rising to ¥311,804,237.99 from ¥213,944,300.70[17]. - The company attributed revenue growth primarily to increased sales in the headphone business[8]. - The increase in net profit was driven by revenue growth and enhanced value management and efficiency improvements[8]. Balance Sheet Highlights - Total assets at the end of the reporting period were ¥1,655,156,762.98, a decrease of 4.15% from ¥1,726,845,601.83 at the end of the previous year[5]. - Total assets decreased to ¥1,655,156,762.98 from ¥1,726,845,601.83, a decline of 4.1%[15]. - Total liabilities decreased to ¥592,605,377.88 from ¥685,425,740.24, a reduction of 13.6%[15]. - Total equity increased to ¥1,062,551,385.10 from ¥1,041,419,861.59, reflecting a growth of 2.0%[15]. Shareholder Information - The company reported a total of 14,148 common shareholders at the end of the reporting period[10]. Future Outlook - Future outlook includes potential market expansion and new product development strategies, although specific details were not provided in the current report[17].

Financial Performance - The company's revenue for Q1 2025 was ¥311,673,387.96, a decrease of 56.75% compared to ¥720,696,290.41 in the same period last year[4] - Total operating revenue for the current period is ¥311,673,387.96, a decrease of 56.7% compared to ¥720,696,290.41 in the previous period[22] - The net profit attributable to shareholders was -¥115,934,384.98, slightly improved from -¥118,948,820.27 year-on-year[4] - Net loss for the current period is ¥120,065,886.72, compared to a net loss of ¥127,036,268.04 in the previous period, showing a slight improvement[23] - Basic and diluted earnings per share for the current period are both -0.1341, compared to -0.1375 in the previous period[23] Revenue Breakdown - The management software business achieved revenue of ¥94,471,800, representing a year-on-year growth of 50.93%[5] - The digital marketing business generated revenue of ¥216,986,000, with a transaction volume of ¥525,084,700, down 11.96% from ¥596,439,000 in the previous year[5] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,072,655,194.35, a decrease of 17.87% from ¥2,523,615,668.48 at the end of the previous year[4] - Total assets decreased from ¥2,523,615,668.48 to ¥2,072,655,194.35, reflecting a reduction of approximately 17.8%[21] - Total liabilities decreased from ¥1,082,256,806.89 to ¥743,778,948.31, a reduction of about 31.3%[21] - Total equity decreased from ¥1,441,358,861.59 to ¥1,328,876,246.04, indicating a decline of approximately 7.8%[21] Cash Flow - The net cash flow from operating activities was -¥302,935,591.55, an improvement from -¥410,496,574.44 in the same period last year[4] - The net cash flow from operating activities was -$302.94 million, an improvement from -$410.50 million in the previous period[25] - Cash inflow from investment activities totaled $441.66 million, compared to $525.46 million last year[25] - The net cash flow from investment activities was $175.44 million, up from $156.98 million in the previous period[25] - Cash inflow from financing activities was $39.30 million, while cash outflow was $36,240, resulting in a net cash flow of $39.26 million[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 108,115[14] Other Financial Metrics - The weighted average return on net assets was -8.57%, a decline of 1.10% from -7.47% in the previous year[4] - Research and development expenses for the current period are ¥63,794,015.07, down from ¥80,615,114.97 in the previous period, a decrease of 21%[22] - The company reported a credit impairment loss of ¥3,426,652.55, compared to a reversal of ¥791,594.50 in the previous period[23] Changes in Assets - The company's cash and cash equivalents decreased from CNY 451,322,500.04 to CNY 362,726,441.34, representing a decline of approximately 19.6%[19] - Trade financial assets decreased from CNY 575,024,867.01 to CNY 387,807,890.79, a reduction of about 32.5%[19] - Accounts receivable dropped from CNY 641,686,534.12 to CNY 434,560,185.45, indicating a decrease of approximately 32.3%[19] - Total current assets decreased from CNY 1,805,313,255.00 to CNY 1,353,381,107.03, reflecting a decline of around 25%[19] - The company's long-term equity investments remained stable, with a slight increase from CNY 49,000,688.83 to CNY 49,015,485.19[19] - The company reported an increase in prepayments from CNY 16,763,542.33 to CNY 30,961,596.27, a growth of approximately 84.5%[19] - Inventory increased from CNY 37,427,898.68 to CNY 47,714,512.23, representing a rise of about 27.5%[19] - Other receivables increased from CNY 40,225,285.57 to CNY 44,220,786.43, showing an increase of approximately 9.9%[19] Government Support - The company received government subsidies amounting to ¥558,844.31 during the reporting period[7] Shareholder Activities - The company has no significant changes in the participation of major shareholders in margin trading and securities lending activities[15] Cost Management - Total operating costs for the current period are ¥437,984,471.56, down 48.7% from ¥854,182,872.21 in the previous period[22] - Cash paid for purchasing goods and services was $793.45 million, down from $944.76 million last year[25] - The cash paid to employees was $284.83 million, slightly up from $284.08 million in the previous period[25] - The cash paid for other operating activities was $35.27 million, down from $60.82 million last year[25]