Financial Performance - The company's operating revenue for Q1 2025 reached ¥22,507,750,130.36, representing a 64.27% increase compared to ¥13,701,341,078.30 in the same period last year[5] - Net profit attributable to shareholders was ¥975,913,324.17, up 47.88% from ¥659,941,352.50 year-on-year[5] - Basic earnings per share increased to ¥0.31, reflecting a growth of 47.62% from ¥0.21 in the same period last year[5] - Net profit for the current period was ¥1,172,716,250.08, representing a 46.2% increase from ¥801,968,658.04 in the previous period[19] - The total comprehensive income for the current period was ¥1,154,024,582.98, compared to ¥787,464,500.95 in the prior period, showing an increase of 46.5%[20] Cash Flow - The net cash flow from operating activities was -¥6,120,208,570.81, a decline of 157.43% compared to -¥2,377,461,362.61 in the previous year[5] - Cash inflow from operating activities was ¥11,541,489,965.54, compared to ¥9,536,395,103.37 in the previous period, marking a rise of 21.0%[21] - Cash outflow for purchasing goods and services was ¥14,665,920,668.93, an increase from ¥8,950,546,453.69, reflecting a growth of 64.5%[21] - The net cash flow from investing activities was -1,934,851,372.02, worsening from -1,234,860,361.49 in the prior period[22] - The net cash flow from financing activities was 3,959,649,734.86, a turnaround from -337,813,807.75 in the previous period[22] Assets and Liabilities - Total assets decreased by 3.34% to ¥250,418,888,417.87 from ¥259,082,993,730.65 at the end of the previous year[5] - Total current assets amount to ¥217,678,054,398.94, down from ¥227,194,864,158.59 at the beginning of the period, a decrease of approximately 4.5%[14] - Total liabilities decreased to ¥197,904,610,754.97 from ¥207,530,303,470.22, reflecting a reduction of approximately 4.9%[16] - Total equity increased to ¥52,514,277,662.90, up from ¥51,552,690,260.43, indicating a growth of about 1.9%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,080[11] - The largest shareholder, Hangzhou Binjiang Investment Holding Co., Ltd., holds 45.41% of shares, totaling 1,413,012,872 shares[11] - The second-largest shareholder, Qi Jinxing, holds 11.94% of shares, totaling 371,598,600 shares[11] Investment and Income - Investment income surged by 173.75% to ¥97,998,049.03, compared to ¥35,798,740.31 in the same period last year[9] - The company reported an investment income of ¥97,998,049.03, which is a substantial increase from ¥35,798,740.31 in the previous period[19] Audit and Reporting - The company did not undergo an audit for the first quarter report, which may affect stakeholder confidence in financial reporting[23]

Financial Performance - The company's operating revenue for Q1 2025 was CNY 229,843,941.53, representing a 3.60% increase compared to CNY 221,850,180.79 in the same period last year[4]. - Net profit attributable to shareholders was CNY 58,071,117.89, up 5.20% from CNY 55,199,616.28 year-on-year[4]. - The net profit excluding non-recurring gains and losses was CNY 52,698,123.38, reflecting a 7.81% increase from CNY 48,882,462.10 in the previous year[4]. - Basic and diluted earnings per share were both CNY 0.15, an increase of 7.14% from CNY 0.14 in the same quarter last year[4]. - Total operating revenue for Q1 2025 reached CNY 229,843,941.53, an increase of 3.4% compared to CNY 221,850,180.79 in Q1 2024[18]. - Net profit for Q1 2025 was CNY 58,030,577.70, representing a 3.5% increase from CNY 55,107,063.21 in Q1 2024[19]. - Earnings per share for Q1 2025 were CNY 0.15, up from CNY 0.14 in Q1 2024[20]. Research and Development - Total R&D investment amounted to CNY 26,897,460.32, a decrease of 23.13% from CNY 34,991,868.71 in the previous year, with R&D expenses accounting for 11.70% of operating revenue, down from 15.77%[4]. - Research and development expenses for Q1 2025 totaled CNY 26,897,460.32, down from CNY 34,991,868.71 in Q1 2024[18]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 3,473,532,404.39, a slight increase of 0.22% from CNY 3,465,734,982.98 at the end of the previous year[5]. - The total current liabilities decreased from RMB 227,845,174.60 to RMB 198,903,468.21, a reduction of approximately 12.7%[16]. - The company's total liabilities decreased to CNY 594,157,689.89 from CNY 644,390,846.18 year-over-year[18]. - The total equity attributable to shareholders increased to CNY 2,877,973,401.17 from CNY 2,819,902,283.28[18]. Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of CNY -75,343,585.60 compared to CNY -129,613,339.07 in the same period last year[4][9]. - Cash flow from operating activities in Q1 2025 was CNY 154,928,044.70, a decrease from CNY 211,271,503.82 in Q1 2024[21]. - Operating cash inflow totaled $160,007,655.13, a decrease from $217,425,731.31 year-over-year[22]. - Operating cash outflow amounted to $235,351,240.73, down from $347,039,070.38 year-over-year[22]. - Net cash flow from operating activities was -$75,343,585.60, compared to -$129,613,339.07 in the previous year[22]. - Cash and cash equivalents at the end of the period were $1,796,034,364.28, compared to $1,220,123,829.78 at the end of the previous year[23]. - The net increase in cash and cash equivalents was $657,016,713.62, contrasting with a decrease of $45,889,245.89 in the prior year[23]. Shareholder Information - The company reported a total of 7,182 ordinary shareholders, with 7,167 holding A shares and 15 holding H shares[14]. - The top ten shareholders include Beijing Panmao Investment Management Co., Ltd. with 17,250,000 shares, representing a significant stake in the company[14]. - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[15]. Other Information - The company received government subsidies amounting to CNY 1,038,221.69, which are closely related to its normal business operations[6]. - Non-recurring gains and losses totaled CNY 5,372,994.51 after tax and minority interest adjustments[7]. - The company has not disclosed any significant new strategies or product developments during the reporting period[15]. - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[23].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,536,728,879, representing a year-on-year increase of 14.81% compared to CNY 3,924,623,207 in the same period last year[2]. - Net profit attributable to shareholders of the listed company reached CNY 631,266,879, up 13.42% from CNY 567,547,208 in the previous year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 29.52%, amounting to CNY 597,096,663 compared to CNY 460,999,116 in the previous year[6]. - The basic earnings per share for the reporting period was CNY 0.45, an increase of 15.38% compared to CNY 0.39 in the same period last year[3]. - In Q1 2025, the company achieved revenue of RMB 4.537 billion, a year-on-year increase of 14.81% from RMB 3.951 billion in the same period last year[11]. - Net profit for Q1 2025 was ¥688,485,308, up 21.6% from ¥566,518,469 in Q1 2024[17]. - Operating profit for Q1 2025 was ¥777,887,759, a 28.6% increase from ¥604,941,540 in Q1 2024[17]. Cash Flow and Assets - The net cash flow from operating activities was CNY 54,459,641, a significant improvement from a negative cash flow of CNY -482,272,409 in the same period last year[2]. - The company's cash and cash equivalents stood at RMB 10.348 billion, slightly down from RMB 10.652 billion at the end of 2024[13]. - The company reported a decrease in cash and cash equivalents by ¥2,199,881,050 during Q1 2025[20]. - Cash flow from operating activities generated a net amount of ¥54,459,641, a significant recovery from a net outflow of ¥508,704,086 in Q1 2024[20]. - Investment activities resulted in a net cash outflow of ¥3,362,874,954, compared to a net inflow of ¥411,827,928 in Q1 2024[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 66,471,687,057, reflecting a 2.58% increase from CNY 64,802,246,319 at the end of the previous year[3]. - The company's total assets reached RMB 66.472 billion, an increase from RMB 64.802 billion at the end of 2024[14]. - The total liabilities of the company amounted to RMB 21.913 billion, compared to RMB 20.040 billion in the previous year[14]. - The company's equity attributable to shareholders was RMB 41.268 billion, a slight decrease from RMB 41.528 billion year-on-year[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,531[8]. - The top ten shareholders held a combined 43.84% of the shares, with the largest shareholder being CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. holding 600,381,485 shares[8]. - The number of A-share shareholders reached 23,496, while H-share shareholders numbered 1,035[10]. Business Segments - The rail transit business generated RMB 2.347 billion, up 10.72% from RMB 2.120 billion year-on-year, with the rail transit electrical equipment segment growing by 18.89% to RMB 1.923 billion[12]. - The emerging equipment business reported revenue of RMB 2.171 billion, reflecting a growth of 20.88% compared to RMB 1.795 billion in the previous year[12]. - The company reported a significant increase in industrial conversion revenue, which surged by 400.41% to RMB 205 million[12]. Research and Development - Research and development expenses accounted for a significant portion of the operating revenue, although specific figures were not disclosed in the provided content[3]. - Research and development expenses increased to ¥523,230,356, representing a 12.7% rise compared to ¥464,214,856 in the previous year[16]. Acquisition - The company made a 100% acquisition of Hunan CRRC Commercial Vehicle Power Technology Co., Ltd. in December 2024, which was included in the consolidated financial statements[3].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 40,223,491.30, representing a 30.08% increase compared to CNY 30,921,237.27 in the same period last year[3]. - Net profit attributable to shareholders increased by 61.70% to CNY 2,257,844.83 from CNY 1,396,293.54 year-on-year[3]. - The net profit after deducting non-recurring gains and losses surged by 174.64% to CNY 1,622,847.77 from CNY 590,893.23 in the previous year[3]. - Basic and diluted earnings per share rose by 61.25% to CNY 0.0258 from CNY 0.0160 year-on-year[3]. - Operating profit for Q1 2025 was CNY 1,942,917.70, significantly higher than CNY 897,369.60 in Q1 2024, indicating a growth of approximately 116.7%[18]. - The company reported a total comprehensive income of CNY 2,264,330.13 for Q1 2025, compared to CNY 1,400,525.43 in Q1 2024, marking an increase of about 61.7%[19]. Research and Development - Total R&D investment was CNY 4,092,157.66, a decrease of 19.16% from CNY 5,061,869.41 in the previous year[3]. - The proportion of R&D investment to operating revenue decreased by 6.20 percentage points to 10.17% from 16.37%[4]. - R&D expenses for Q1 2025 were CNY 4,934,318.29, a decrease from CNY 5,904,030.04 in Q1 2024, reflecting a reduction of approximately 16.4%[18]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -8,561,709.53, compared to CNY -30,550,529.88 in the same period last year, indicating an improvement[3]. - Cash flow from operating activities in Q1 2025 was negative at CNY -8,561,709.53, an improvement from CNY -30,550,529.88 in Q1 2024[22]. - Total cash and cash equivalents at the end of Q1 2025 were CNY 61,770,028.71, down from CNY 79,846,703.96 at the end of Q1 2024[23]. - Cash inflow from investment activities in Q1 2025 was CNY 103,480,111.05, compared to CNY 60,339,262.56 in Q1 2024, showing an increase of approximately 71.5%[22]. - Cash outflow from investment activities in Q1 2025 was CNY 205,060,924.34, significantly higher than CNY 68,348,210.49 in Q1 2024, indicating a rise of about 200.5%[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 743,696,085.70, down 5.30% from CNY 785,339,501.80 at the end of the previous year[4]. - Total assets as of March 31, 2025, were CNY 743,696,085.70, a decrease from CNY 785,339,501.80 at the end of 2024[14]. - Total liabilities decreased to CNY 144,797,738.71 as of March 31, 2025, down from CNY 188,705,484.94 at the end of 2024[13]. - Shareholders' equity increased slightly to CNY 598,898,346.99 as of March 31, 2025, compared to CNY 596,634,016.86 at the end of 2024[14]. - Accounts receivable decreased to CNY 195,611,464.52 as of March 31, 2025, from CNY 213,876,601.58 at the end of 2024[12]. - Inventory as of March 31, 2025, was CNY 76,551,447.92, down from CNY 81,967,629.99 at the end of 2024[12]. Cost and Expenses - Total operating costs for Q1 2025 were CNY 40,965,667.68, up from CNY 34,540,583.48 in Q1 2024, reflecting a 18.5% increase[17]. - Operating costs included CNY 27,793,427.31 in cost of goods sold for Q1 2025, compared to CNY 20,475,612.46 in Q1 2024, marking a 35.7% rise[17]. - The company reported a net loss for Q1 2025, with a gross profit margin impacted by rising costs[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,759[9]. - The weighted average return on equity increased by 0.14 percentage points to 0.38% from 0.24%[3]. - The company incurred a credit impairment loss of CNY 1,302,219.17 in Q1 2025, a decrease from CNY 3,304,456.69 in Q1 2024, representing a reduction of approximately 60.6%[18].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 290,185,005.08, a decrease of 16.59% compared to the same period last year[3]. - Net profit attributable to shareholders increased by 48.37% to CNY 51,789,016.82, driven by reduced sales expenses and improved operational efficiency[3]. - Basic and diluted earnings per share rose by 44.44% to CNY 0.13, reflecting the increase in net profit attributable to shareholders[3]. - The company reported a net profit excluding non-recurring gains and losses of CNY 49,066,897.23, up 41.95% year-on-year[3]. - The company reported a total profit of ¥68,756,250.20 for Q1 2025, compared to ¥41,477,509.70 in Q1 2024, reflecting a significant growth[16]. - Net profit for Q1 2025 reached ¥52,548,106.68, an increase of 46.5% from ¥35,851,783.23 in Q1 2024[17]. Cash Flow and Investments - The net cash flow from operating activities surged by 272.12% to CNY 55,655,277.16, primarily due to a decrease in cash expenses[3]. - The net cash flow from operating activities was 55,655,277.16, an increase from 14,956,094.00 in the previous period, indicating a significant improvement in operational efficiency[20]. - Cash inflow from investment activities totaled 1,263,184,816.48, compared to 245,450,442.70 previously, reflecting a strong investment recovery[20]. - The net cash flow from investment activities was -56,381,540.12, worsening from -22,137,303.98, suggesting increased investment outflows[20]. - Cash paid for the acquisition of fixed assets was 4,566,356.60, down from 7,587,746.68, indicating a reduction in capital expenditures[20]. - The company received 1,240,000,000.00 in cash from investment recoveries, a significant increase from 240,000,000.00 in the previous period[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,961,933,297.24, a slight increase of 0.28% from the end of the previous year[4]. - Total current assets as of March 31, 2025, amount to ¥4,214,936,608.25, an increase from ¥4,190,993,746.67 as of December 31, 2024[12]. - Total liabilities as of the end of the reporting period were ¥946,135,314.59, down from ¥984,785,361.90[14]. - Total current liabilities decreased to ¥820,801,233.57 from ¥858,444,127.04[13]. - The company’s total assets amounted to ¥4,961,933,297.24, slightly up from ¥4,948,035,237.87[14]. - Total equity attributable to shareholders increased to ¥4,005,308,940.35 from ¥3,953,519,923.53[14]. Research and Development - Total R&D investment amounted to CNY 28,643,022.81, accounting for 9.87% of operating revenue, an increase of 1.38 percentage points year-on-year[4]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,904[8]. - The largest shareholder, Shandong Weigao Group Medical Polymer Co., Ltd., holds 202,500,000 shares, accounting for 50.63% of total shares[8]. Operational Changes - The decline in operating revenue was attributed to the integration of sales models, which impacted revenue generation[6]. - There are no new strategies or significant operational changes reported for the current period[10]. - The company has not disclosed any new product developments or technological advancements in this reporting period[10]. Cost Management - Total operating costs for Q1 2025 were ¥235,809,633.56, down 25.5% from ¥317,060,839.41 in Q1 2024[16]. - The company paid 102,172,206.33 in cash to employees, an increase from 90,090,063.00, reflecting higher labor costs[20].

上海之江生物科技股份有限公司2025 年第一季度报告 证券代码：688317 证券简称：之江生物 上海之江生物科技股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 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）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上 上年同期 | 年同期增减变 | | --- | --- | --- | --- | | | | | 动幅度(%) | | 营业收入 | 32,134,673.50 | 51,227,345.41 | -37.27 | | 归属于上市公司股东的净利润 | -16,017,333.00 | 26,906,914 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,396,134,744.29, a decrease of 11.73% compared to CNY 1,581,736,259.77 in the same period last year[4] - Net profit attributable to shareholders was CNY 132,017,273.89, down 34.86% from CNY 202,678,791.66 year-on-year[4] - The basic earnings per share decreased by 37.93% to CNY 0.18 from CNY 0.29 in the previous year[5] - The weighted average return on equity fell to 3.58%, a decrease of 1.59 percentage points compared to 5.17% last year[5] - The net profit after deducting non-recurring gains and losses was CNY 130,609,029.61, a decrease of 33.46% compared to CNY 196,287,854.15 last year[4] - Total operating revenue for Q1 2025 was ¥1,396,134,744.29, a decrease of 11.7% compared to ¥1,581,736,259.77 in Q1 2024[18] - Net profit for Q1 2025 was ¥132,723,141.83, a decline of 34.8% from ¥203,631,822.12 in Q1 2024[19] - Earnings per share for Q1 2025 were ¥0.18, compared to ¥0.29 in Q1 2024[20] Cash Flow - The net cash flow from operating activities was CNY 35,147,604.77, down 36.18% from CNY 55,071,988.61 in the same period last year[4] - Cash inflow from operating activities in Q1 2025 was ¥1,401,937,514.46, down from ¥1,514,549,434.69 in Q1 2024[23] - Net cash flow from operating activities was 35,147,604.77, a decrease from 55,071,988.61 in the previous period[24] - Total cash outflow from operating activities amounted to 1,366,789,909.69, compared to 1,459,477,446.08 previously[24] - Net cash flow from investing activities was -19,416,647.18, improving from -47,899,627.35 in the prior period[24] - Cash inflow from financing activities totaled 20,000,000.00, down from 190,000,000.00 previously[24] - Net cash flow from financing activities was 15,138,660.45, compared to 8,871,059.75 in the previous period[25] - The ending balance of cash and cash equivalents was 1,276,544,012.32, down from 1,720,762,258.97 in the prior period[25] - Total cash and cash equivalents increased by 30,869,618.04, compared to an increase of 16,043,421.01 previously[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,284,250,386.47, an increase of 1.10% from CNY 6,215,960,463.99 at the end of the previous year[5] - Current assets totaled CNY 1,958,533,119.88, up from CNY 1,866,389,972.79 in the previous period, reflecting a growth of approximately 4.3%[13] - The company's cash and cash equivalents increased to CNY 1,297,120,571.62 from CNY 1,262,290,031.22, representing a rise of about 2.8%[12] - Accounts receivable rose significantly to CNY 259,839,231.13 from CNY 169,475,756.51, indicating a growth of approximately 53.3%[12] - Total liabilities decreased to CNY 2,460,488,060.79 from CNY 2,535,575,969.23, a reduction of about 3.0%[14] - The company's short-term borrowings increased to CNY 640,484,763.88 from CNY 620,470,097.21, reflecting a rise of approximately 3.6%[14] - The total equity as of March 31, 2025, was CNY 3,823,762,325.68, slightly up from CNY 3,680,384,494.76[14] - The total assets as of March 31, 2025, amounted to CNY 6,284,250,386.47, an increase from CNY 6,215,960,463.99 as of December 31, 2024[12] Operational Insights - The company attributed the decline in net profit to a sluggish real estate market and inability to adjust residential gas prices in a timely manner[7] - The company implemented a "one factory, one policy" pricing mechanism to stabilize market share, which led to reduced sales margins[7] - The company reported a non-recurring gain of CNY 1,016,038.84 from government subsidies related to its normal business operations[6] - The company reported a decrease in interest expenses to ¥10,770,184.41 in Q1 2025 from ¥13,221,747.34 in Q1 2024[19] - Other income for Q1 2025 was ¥4,060,967.45, significantly lower than ¥10,999,889.92 in Q1 2024[19] - The company’s investment income for Q1 2025 was ¥957,657.13, recovering from a loss of ¥2,476,608.72 in Q1 2024[19] Employee and Tax Payments - Payments to employees amounted to 57,392,880.14, a decrease from 64,804,046.58 in the previous period[24] - Tax payments totaled 66,358,673.50, down from 81,415,807.93 previously[24]

Financial Performance - The company's operating revenue for Q1 2025 was ¥9,495,947,222.52, representing a 13.67% increase compared to ¥8,354,162,360.57 in the same period last year[4] - Net profit attributable to shareholders was ¥511,283,142.90, up 12.10% from ¥456,098,177.39 year-on-year[4] - The net cash flow from operating activities increased by 77.92% to ¥633,949,270.71, compared to ¥356,303,843.48 in the previous year[4] - The total assets at the end of the reporting period reached ¥72,320,115,493.13, an increase of 8.27% from ¥66,796,724,457.19 at the end of the previous year[4] - The company's weighted average return on equity was 2.58%, up from 2.37% in the previous year[4] - The company reported a net profit of ¥445,704,904.86 after deducting non-recurring gains and losses, which is a 17.70% increase from ¥378,679,540.49 in the same period last year[4] - In Q1 2025, the company achieved a revenue of RMB 9.496 billion, representing a year-over-year growth of 13.67%[12] - The net profit attributable to shareholders reached RMB 511 million, up 12.10% year-over-year, while the net profit excluding non-recurring items was RMB 446 million, an increase of 17.70%[12] - The total comprehensive income for the current period was ¥657,367,814.52, compared to ¥440,029,951.54 in the previous period, reflecting an increase of 49.5%[34] - Basic and diluted earnings per share increased to ¥0.10 from ¥0.09 in the previous period[34] Operational Highlights - The average capacity utilization rate for core products exceeded 97%, with a shipment growth rate of approximately 42%[14] - Nickel resource MHP shipments exceeded 25,000 tons, a significant increase of over 138% year-over-year[14] - The company experienced a 235.91% increase in taxes payable, amounting to ¥2.22 billion, due to the sale of ECOPRO MAT shares and the transfer of subsidiary equity[8] - The company achieved a significant increase in inventory, totaling approximately 8.90 billion yuan, compared to 8.77 billion yuan previously[29] Strategic Initiatives - The company completed the election of a new management team, focusing on attracting young, innovative talents to enhance competitiveness[16] - The new generation of ultra-high nickel 9-series core-shell ternary precursors was successfully mass-produced, marking a significant technological achievement and expected to generate over 50,000 tons of incremental market annually[18] - A strategic cooperation agreement was signed with Puhua Co., Ltd. to optimize the nickel resource project in Indonesia, enhancing profitability and competitiveness[19] - The company established a global supplier alliance to effectively respond to tariff trade challenges, involving over 120 global suppliers[19] - A memorandum of understanding was signed with ECOPRO to jointly develop a green industrial park in Indonesia, focusing on a complete supply chain for battery materials[21] - The company signed a strategic cooperation framework agreement with JD Industrial to stabilize the overseas supply chain, aiming to procure goods worth no less than 5 billion yuan through JD's platform[23] - The company plans to issue H shares and list on the Hong Kong Stock Exchange within the year 2025[24] - A new round of share repurchase was launched in January 2025, with the amount reaching 137 million yuan to bolster market confidence[25] - The company signed a memorandum of understanding with UNU Yogyakarta University in Indonesia to promote cooperation in higher education and ESG values[26] Financial Position - Current assets totaled approximately 27.63 billion yuan, up from 25.82 billion yuan at the beginning of the period[29] - Total liabilities increased to approximately 47.13 billion yuan from 43.30 billion yuan[32] - The company's net profit attributable to shareholders reached approximately 6.46 billion yuan, compared to 5.95 billion yuan at the beginning of the period[32] - Long-term borrowings rose to approximately 14.67 billion yuan from 11.70 billion yuan[31] Cash Flow Analysis - Cash flow from operating activities generated a net amount of ¥633,949,270.71, compared to ¥356,303,843.48 in the previous period, marking an increase of 77.57%[36] - Cash flow from investing activities resulted in a net outflow of ¥4,206,412,518.04, worsening from a net outflow of ¥2,660,295,882.32 in the previous period[36] - Cash flow from financing activities yielded a net inflow of ¥4,041,643,992.49, significantly higher than the previous period's net inflow of ¥1,742,451,327.58[37] Other Information - The first quarter report is unaudited[38] - The new accounting standards will be implemented starting in 2025[38] - The financial statement adjustments will be applicable from the beginning of the year in which the new standards are first executed[38] - The board of directors of Greenme Co., Ltd. issued the report on April 28, 2025[38]

Financial Performance - The company's operating revenue for Q1 2025 was ¥58,871,255, representing a 94.96% increase compared to ¥30,196,702 in the same period last year[3]. - The net loss attributable to shareholders was ¥65,154,531, a 15.46% improvement from a loss of ¥77,068,194 in the previous year[3]. - The net cash flow from operating activities improved by 40.13%, amounting to -¥29,859,223 compared to -¥49,874,898 in the same period last year[3]. - The company reported a net loss of ¥68,195,384.66, an improvement from the previous net loss of ¥79,109,445.37, representing a decrease of approximately 13.5% year-over-year[31]. - Operating profit was recorded at -¥72,100,268.91, compared to -¥83,566,412.43 in the prior period, indicating a reduction in losses by about 13.5%[31]. - The total comprehensive income attributable to the parent company was -¥65,154,531.86, compared to -¥77,068,194.87, showing a decrease in losses by about 15.4%[31]. Assets and Liabilities - Total assets decreased by 4.62% to ¥2,111,668,791.32 from ¥2,213,863,301.59 at the end of the previous year[3]. - The total equity attributable to shareholders decreased by 4.22% to ¥1,471,272,467.63 from ¥1,536,125,174.49 at the end of the previous year[3]. - The company experienced a 52.96% increase in current non-current liabilities, amounting to an increase of ¥28,789,200, primarily due to the reclassification of long-term loans[9]. - Non-current liabilities decreased to 194,978,813.49 RMB from 220,621,014.73 RMB, a reduction of approximately 11.6%[28]. Cash Flow - The net cash flow from investing activities decreased by 82.44%, totaling -¥23,125,600 due to reduced cash payments for fixed asset purchases[15]. - Cash and cash equivalents decreased to 108,374,329.80 RMB from 160,257,903.55 RMB, a decline of approximately 32.4%[27]. - Cash and cash equivalents at the end of the period stood at ¥94,619,458.94, down from ¥253,656,336.89, indicating a decrease of approximately 62.7%[33]. - Cash outflows from financing activities amounted to ¥68,617,351.97, compared to ¥43,242,076.06 in the prior period, indicating an increase of approximately 58.8%[33]. - The company received cash from borrowings totaling ¥47,200,000.00, a decrease from ¥115,308,203.00 in the previous period, reflecting a decline of about 59%[33]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 28,886[17]. - The largest shareholder, Pang Huimin, holds 26.73% of shares, totaling 160,159,085 shares, with 64,000,000 shares pledged[17]. - The top ten shareholders hold a combined total of 43.25% of the shares[17]. - The company has implemented an employee stock ownership plan, transferring 4,880,000 shares to the plan, representing 0.81% of the total share capital[20]. - The first additional lock-up period for the employee stock ownership plan will end on January 26, 2024, with a total of 244,000 shares (0.41% of total share capital) eligible for release[21]. - The company’s stock repurchase account holds 6,298,748 shares, representing 1.05% of the total share capital[18]. - The company has not disclosed any related party relationships among the top shareholders[18]. Government and Projects - The company received government subsidies amounting to ¥407,003.46, contributing positively to its financial performance[4]. - The company has approved the conclusion of certain fundraising projects and will use surplus funds for other investment projects, including the development of optical pods[22]. - The company has signed a contract for a certain type of optical system development project[23]. - The company won a bid for a "certain type of optoelectronic system development project" with a contract amount of 71 million RMB, confirming its successful breakthrough in the optoelectronic system equipment field[24]. - The company’s fundraising projects for the production of infrared temperature imaging sensors and optical pods have been postponed to December 31, 2024[22]. Risks and Warnings - The company reported a 166.14% increase in operating costs, totaling an increase of ¥34,420,200, primarily due to higher sales and R&D expenses[11]. - Research and development expenses decreased by 37.25%, amounting to a reduction of ¥13,108,500 compared to the previous year[11]. - The company's stock will be subject to delisting risk warning starting April 29, 2025, due to audited financial data indicating negative profit totals and revenue below 300 million RMB[25].

Financial Performance - The company's revenue for Q1 2025 reached ¥505,596,225.68, representing a 37.28% increase compared to ¥368,298,488.63 in the same period last year[4] - Net profit attributable to shareholders was ¥106,452,480.17, a significant increase of 493.15% from ¥17,946,942.00 year-on-year[4] - Basic earnings per share increased to ¥0.28, reflecting a 460.00% rise from ¥0.05 in the previous year[4] - Operating profit surged to ¥107,887,801.60, compared to ¥17,761,296.71 in the prior period, indicating a substantial improvement[26] - Net profit for the current period was ¥106,721,213.05, compared to ¥18,114,854.72, marking an increase of 486.5%[27] Cash Flow - The net cash flow from operating activities was ¥196,006,242.70, up 110.24% from ¥93,231,803.25 in Q1 2024[12] - Operating cash flow for the current period was ¥196,006,242.70, a significant increase of 110.9% compared to ¥93,231,803.25 in the previous period[29] - Total cash inflow from operating activities was ¥521,722,046.31, up from ¥386,185,266.93, reflecting a growth of 35.1%[29] - Cash outflow from operating activities increased to ¥325,715,803.61 from ¥292,953,463.68, representing a rise of 11.2%[29] - Net cash flow from financing activities showed a drastic decline of 1082.31%, amounting to -¥96,787,744.79 compared to -¥8,186,345.20 in Q1 2024[12] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥2,985,830,616.14, a slight increase of 0.49% from ¥2,971,249,978.76 at the end of the previous year[5] - The company's equity attributable to shareholders rose to ¥182,063,819.43, marking a 141.20% increase from ¥75,482,484.90 at the end of the previous year[5] - Total liabilities also saw a decrease to ¥2,802,151,075.05 from ¥2,894,420,505.08, reflecting a decline of 3.2%[23] - The company's non-current assets totaled ¥2,082,536,897.04, down from ¥2,163,552,704.69, a decrease of 3.7%[23] - The company reported a significant reduction in short-term borrowings, which fell to ¥321,667,628.80 from ¥410,703,532.01, a decrease of 21.6%[23] Market Performance - In Q1 2025, the domestic film box office reached RMB 9.51 billion, a year-on-year increase of 18.64%, with total attendance of 187 million, up 14.68%[17] - The company's direct-operated cinemas achieved box office revenue of RMB 470 million, representing a year-on-year growth of 36.40%, with attendance of 9.22 million, an increase of 22.54%[17] - The total box office for the first quarter of 2025 was RMB 24.39 billion, a 49.08% increase year-on-year, with total attendance of 520 million, up 42.86%[17] - The film "Detective Chinatown 1900," co-produced by the company's subsidiary, grossed RMB 3.565 billion during the Spring Festival[17] Strategic Initiatives - The company plans to dissolve and liquidate the Jin Yi Jin Yi (Tianjin) Investment Management Center (Limited Partnership) following the expiration of its five-year term on March 23, 2025[18] - The company aims to enhance its competitive position and industry status through strategic partnerships and investments in the cultural industry[18] Other Financial Metrics - The weighted average return on equity surged to 82.71%, up 71.82 percentage points from 10.89% at the end of the previous year[5] - Total operating costs amounted to ¥404,650,202.96, up from ¥382,513,298.17, reflecting a rise of 5.3%[26] - The company's cash and cash equivalents decreased to RMB 426.56 million from RMB 456.48 million, a decline of 6.43%[21] - Cash received from the sale of goods and services was ¥509,978,233.79, compared to ¥379,058,583.19, indicating a growth of 34.5%[29] - The company did not undergo an audit for the first quarter report[31]