Financial Performance - The company's operating revenue for Q1 2025 was ¥1,788,599,066.91, a decrease of 22.24% compared to ¥2,300,216,008.45 in the same period last year[6] - Net profit attributable to shareholders was ¥191,420,721.41, down 59.12% from ¥468,256,875.45 year-on-year[6] - Basic and diluted earnings per share were both ¥0.36, down 59.09% from ¥0.88 in the same period last year[6] - Net profit for the current period is ¥195,488,406.53, a decline of 59.1% compared to ¥478,676,961.25 in the previous period[19] - The company reported a total comprehensive income of ¥195,477,798.57, down from ¥478,664,487.50 in the previous period[19] Cash Flow - The net cash flow from operating activities was -¥368,835,540.41, representing a decline of 112.35% compared to -¥173,690,203.31 in the previous year[6] - Operating cash flow for the current period was -368,835,540.41 CNY, compared to -173,690,203.31 CNY in the previous period, indicating a decline in cash flow from operations[21] - Cash inflow from sales of goods and services was 1,194,426,070.69 CNY, a decrease of approximately 37.5% from 1,916,507,747.17 CNY in the previous period[21] - Total cash outflow from operating activities was 1,623,519,987.15 CNY, down from 2,379,867,314.41 CNY in the previous period, indicating a reduction in operational expenses[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,931,495,669.73, an increase of 0.96% from ¥13,798,966,742.80 at the end of the previous year[6] - Total liabilities amount to ¥1,176,577,327.53, a decrease from ¥1,260,498,272.18 in the previous period[20] - Total assets as of March 31, 2025, amounted to CNY 13,931,495,669.73, an increase from CNY 13,798,966,742.80 at the beginning of the period[14] - Current assets totaled CNY 9,403,669,936.21, compared to CNY 9,246,864,692.98 at the start of the period, reflecting a growth of approximately 1.7%[15] - Total liabilities increased, with current liabilities including accounts payable at CNY 681,426,191.36, down from CNY 802,601,856.49, a decrease of about 15%[15] Investments - Investment income increased by 75.71% to ¥11,865,134.60, attributed to higher returns from financial products[10] - The net cash flow from investing activities was -¥349,876,788.32, a decline of 696.41% compared to the previous year, primarily due to increased purchases of financial products[10] - Total cash inflow from investment activities was 1,188,024,218.66 CNY, significantly higher than 200,091,725.84 CNY in the previous period, reflecting increased investment recovery[22] - Cash outflow from investment activities totaled 1,537,901,006.98 CNY, compared to 141,427,801.01 CNY in the previous period, resulting in a net cash flow from investment activities of -349,876,788.32 CNY[22] Shareholder Information - The company reported a total of 55,446 common shareholders at the end of the reporting period[12] - The top shareholder, Gao Xingjiang, holds 35.72% of the shares, amounting to 192,550,206 shares, with 144,412,654 shares pledged[12] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[13] Other Financial Metrics - The weighted average return on equity decreased to 1.54%, down 2.02% from 3.56% in the previous year[6] - Research and development expenses for the current period are ¥66,520,526.82, down from ¥73,064,574.05 in the previous period[18] - Other income for the current period is ¥12,468,619.27, significantly lower than ¥202,211,385.41 in the previous period[18] - The company experienced a decrease in government subsidies received, which fell by 93.83% to ¥12,468,619.27 compared to ¥202,211,385.41 in the previous year[10] - Cash inflow from financing activities was 93,877,493.34 CNY, down from 868,379,722.73 CNY in the previous period, indicating reduced financing activity[22]

Financial Performance - The company's revenue for Q1 2025 was ¥1,901,268,486.61, a decrease of 11.41% compared to ¥2,146,169,957.46 in the same period last year[3] - Net profit attributable to shareholders was ¥8,757,147.84, down 92.58% from ¥118,076,415.15 year-on-year[3] - Basic and diluted earnings per share were both ¥0.0062, reflecting a decrease of 92.63% compared to ¥0.0841 in the same period last year[3] - Total operating revenue for the current period is ¥1,901,268,486.61, a decrease of 11.43% from ¥2,146,169,957.46 in the previous period[20] - Net profit for the current period is ¥11,203,632.47, a significant decline of 92.49% compared to ¥149,470,693.46 in the previous period[22] - The total comprehensive income for the current period is ¥9,547,690.85, a decrease from ¥151,216,043.65 in the previous period[22] Cash Flow - The net cash flow from operating activities improved to ¥12,593,464.63, a significant increase of 109.49% from a negative cash flow of ¥132,634,641.49 in the previous year[3] - Cash flow from operating activities is ¥1,543,548,554.76, a decrease from ¥1,687,948,995.17 in the previous period[23] - The net cash flow from investing activities was negative at ¥-45,050,149.24, but improved by 68.24% from ¥-141,857,439.36 year-on-year[11] - Total cash inflow from investment activities was $31,781,505.27, while cash outflow was $76,831,654.51, resulting in a net cash flow of -$45,050,149.24[24] - Cash inflow from financing activities amounted to $1,572,109,047.89, with cash outflow totaling $1,615,138,005.53, leading to a net cash flow of -$43,028,957.64[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,598,785,717.76, a slight decrease of 0.79% from ¥24,794,528,756.03 at the end of the previous year[3] - The company's total liabilities amount to ¥17,179,542,472.36, slightly down from ¥17,320,256,804.94[19] - The total number of common shareholders at the end of the reporting period is 46,192[13] - The company's total current assets amount to 9,605,740,817.72 RMB, showing a slight increase from 9,556,729,981.37 RMB at the beginning of the period[17] - The total non-current assets are 14,993,044,900.04 RMB, down from 15,237,798,774.66 RMB at the beginning of the period[17] Shareholder Information - The largest shareholder, Sichuan Ecological Environmental Protection Industry Group, holds 41.85% of shares, totaling 596,118,979 shares[14] - The second-largest shareholder, Beijing Century Dihe Holdings, owns 10.14% of shares, amounting to 144,401,570 shares[14] Research and Development - Research and development expenses increased by 30.40% to ¥35,294,960.55, compared to ¥27,065,827.93 in the same period last year[9] - Research and development expenses increased to ¥35,294,960.55 from ¥27,065,827.93, representing a growth of 30.54%[20] Other Financial Metrics - The weighted average return on equity decreased to 0.15%, down 1.68% from 1.83% in the previous year[3] - The company has a total equity of ¥7,419,243,245.40, down from ¥7,474,271,951.09[19] - Total equity attributable to shareholders of the parent company is ¥5,930,808,970.80, a marginal increase from ¥5,917,504,105.73[19] Inventory and Receivables - Accounts receivable increased to 3,862,123,538.17 RMB from 3,696,124,035.56 RMB, indicating a growth of approximately 4.5%[17] - Inventory decreased to 1,611,451,818.20 RMB from 1,743,497,325.50 RMB, reflecting a decline of about 7.5%[17] Audit Status - The first quarter report was not audited[25]

Financial Performance - The company's operating revenue for Q1 2025 was ¥138,030,542.81, a decrease of 16.79% compared to ¥165,874,935.79 in the same period last year[4] - The net profit attributable to shareholders was -¥52,161,926.96, representing a decline of 15.39% from -¥45,203,466.89 year-on-year[4] - The company's total equity attributable to shareholders decreased from RMB 937,259,590.56 to RMB 885,086,733.66, a decrease of approximately 5.6%[18] - Net profit for the period was -¥52,591,679.41, compared to -¥48,439,290.50 in the previous period, indicating a worsening of approximately 6.4%[20] - Basic and diluted earnings per share were both -0.0481, compared to -0.0417 in the previous period, indicating a decline in profitability per share[20] Cash Flow - The net cash flow from operating activities decreased by 81.63%, from ¥5,088,920.33 to ¥934,811.03[10] - Operating cash flow generated was ¥934,811.03, down from ¥5,088,920.33, reflecting a significant decline in cash generation capabilities[22] - Cash and cash equivalents at the end of the period decreased to ¥44,624,937.65 from ¥66,783,682.95, a drop of approximately 33.1%[22] - The net cash flow from investing activities increased by 808.98%, mainly due to higher transfer payments received from the Jianyang project[10] - Financing activities resulted in a net cash outflow of -¥57,315,728.84, worsening from -¥39,759,747.58 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,260,895,852.74, down 5.15% from ¥3,438,075,495.32 at the end of the previous year[4] - Total current assets decreased from RMB 2,233,981,262.53 to RMB 2,145,031,827.93, a reduction of approximately 4%[16] - Total liabilities decreased from RMB 2,556,104,195.10 to RMB 2,431,537,663.18, a reduction of approximately 5%[17] - The company's cash and cash equivalents decreased from RMB 116,529,203.82 to RMB 78,264,662.18, a decrease of approximately 32.9%[16] - Long-term receivables decreased from RMB 620,349,983.77 to RMB 540,621,340.73, a decrease of approximately 12.9%[17] Expenses - The company experienced a 40.99% reduction in selling expenses due to decreased revenue from merchandise trading[8] - Financial expenses increased by 648.46% year-on-year, primarily due to reduced interest income from the landscaping business[8] - The company reported a significant increase in financial expenses, with interest expenses rising to ¥22,613,596.17 from ¥24,889,131.74, reflecting ongoing financial pressures[19] Investments - Investment income decreased by 3039.96% compared to the previous year, attributed to losses from the transfer of debt rights in the Jianyang project[9] - Investment activities generated a net cash inflow of ¥36,815,951.08, compared to a net outflow of -¥5,192,811.45 in the previous period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,384[12] - The company plans to repurchase shares amounting to no less than 1% (10,879,538 shares) and no more than 2% (21,759,075 shares) of its total share capital at a price not exceeding RMB 2.6 per share within 12 months[14]

Financial Performance - The company's operating revenue for Q1 2025 was ¥8,438,423,122.66, a decrease of 0.20% compared to ¥8,455,007,581.63 in the same period last year[4] - Net profit attributable to shareholders increased by 5.97% to ¥288,753,910.09 from ¥272,476,715.96 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 7.45% to ¥297,850,899.59 compared to ¥277,208,898.11 in the previous year[4] - Total operating revenue for the current period is ¥8,438,423,122.66, a slight decrease of 0.2% from ¥8,455,007,581.63 in the previous period[28] - Net profit for the current period is ¥288,753,910.09, an increase of 5.9% compared to ¥272,476,715.96 from the previous period[29] - Basic earnings per share increased to ¥0.1043 from ¥0.0984, reflecting a growth of 8.0%[30] Cash Flow - Cash flow from operating activities improved significantly, with a net outflow of ¥3,593,304,031.16, a 60.68% reduction from the outflow of ¥9,139,132,943.22 in the same period last year[4] - Operating cash inflow increased by 297.09% year-on-year, totaling approximately ¥6.60 billion, primarily due to higher sales receipts compared to the same period last year[18] - Net cash flow from operating activities improved by 60.68% year-on-year, resulting in a net outflow of approximately ¥3.59 billion[18] - Total cash inflow from operating activities reached 6,602,180,567.17, compared to 1,662,634,192.59 in the prior period, showing a substantial increase[34] - The cash flow from investment activities was -129,188,398.15, an improvement from -445,553,816.17 in the previous period, indicating better management of investment cash flows[34] - The net cash flow from financing activities was -46,495,759.62, compared to -1,328,707,514.09 in the prior period, showing a significant reduction in cash outflow[34] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥74,628,220,163.24, reflecting a 1.11% increase from ¥73,810,707,203.02 at the end of the previous year[4] - Total liabilities increased to ¥53,228,679,994.77 from ¥52,786,498,073.61, representing a rise of 0.8%[27] - The total equity attributable to shareholders increased to ¥21,399,540,168.47 from ¥21,024,209,129.41, reflecting a growth of 1.8%[27] Accounts and Receivables - Accounts receivable increased by 30.84% to ¥16,308,975,558.41 from ¥12,465,115,883.51 at the end of the previous year[11] - Contract assets rose by 60.76% to ¥2,994,560,587.73 compared to ¥1,862,747,674.23 at the end of the previous year[11] - Total current assets as of March 31, 2025, amounted to approximately ¥58.23 billion, compared to ¥57.32 billion at the beginning of the period[25] - Accounts receivable increased to approximately ¥16.31 billion, up from ¥12.47 billion at the beginning of the period[25] Expenses - Research and development expenses decreased by 30.84% to ¥18,785,972.99 from ¥27,164,187.64 in the same period last year[14] - Research and development expenses decreased to ¥18,785,972.99 from ¥27,164,187.64, a reduction of 30.7%[29] - Cash outflow for purchasing goods and services was 6,834,197,413.85, down from 7,517,871,468.73, reflecting a decrease of approximately 9.1%[34] - The cash outflow for employee compensation was 1,684,191,377.86, up from 1,592,844,044.56, indicating an increase of approximately 5.7%[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 160,042, with the largest shareholder holding 38.00% of the shares[21] - The largest shareholder, China Aviation Industry Group, holds approximately 1.06 billion shares[21] - No new financing or equity issuance activities were reported during the period[19] Other Income and Losses - Other income surged by 376.65% to ¥21,487,091.93 from ¥4,507,933.82 year-on-year, primarily due to VAT incentives[14] - The company reported an asset impairment loss increase of 430.01% to ¥6,843,504.84 compared to ¥1,291,192.81 in the previous year[14] - The company received 99,626,115.17 in tax refunds, down from 467,022,460.71, indicating a decrease of approximately 78.7%[34] Future Outlook - The company's cash flow statement will be detailed in the upcoming report, providing insights into liquidity and operational efficiency[32]

Financial Performance - The company's revenue for Q1 2025 was CNY 5.93 billion, a decrease of 5.79% compared to CNY 6.29 billion in the same period last year[5]. - Net profit attributable to shareholders was CNY 84.38 million, down 69.64% from CNY 277.90 million year-on-year[5]. - The total operating revenue for the current period is ¥5,927,421,584.72, a decrease of 5.8% from ¥6,291,993,266.32 in the previous period[29]. - Net profit for the current period is ¥85,922,510.28, a decline of 71.5% compared to ¥302,786,760.17 in the previous period[30]. - Basic earnings per share decreased to ¥0.0593 from ¥0.1965, reflecting a significant drop in profitability[30]. Cash Flow and Assets - The net cash flow from operating activities was negative CNY 412.85 million, a decline of 309.77% compared to a positive CNY 196.81 million in the previous year[5]. - As of March 31, 2025, the company's total current assets amount to RMB 17.12 billion, down from RMB 18.39 billion at the beginning of the period, representing a decrease of approximately 6.93%[26]. - The company's cash and cash equivalents decreased from RMB 4.72 billion to RMB 3.59 billion, a decline of about 23.93%[26]. - The ending cash and cash equivalents balance was 3,494,996,595.19 CNY, down from 7,338,288,194.22 CNY, reflecting a decrease of approximately 52.4%[33]. - The company reported a credit impairment loss of ¥25,669,731.83, contrasting with a gain of ¥17,414,095.15 in the previous period[30]. Business Segments - The revenue from the Pantum printer business was CNY 999.2 million, down 3.34% year-on-year, with a net profit of CNY 97 million, down 49.89%[12]. - The integrated circuit business, Jihai Micro, reported revenue of CNY 254 million, down 19.72%, with a net profit of CNY 12 million, down 70.40%[14]. - The general consumables business generated revenue of CNY 1.32 billion, with a net profit of CNY 16 million, and overall shipments decreased by 0.56%[15]. - The non-consumable chip revenue increased by 58.52% to CNY 104 million, with total chip shipments reaching 125 million, a year-on-year increase of 9.38%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 60,118[17]. - The largest shareholder, Zhuhai Saina Technology Co., Ltd., holds 28.82% of the shares, totaling 410,093,916 shares[19]. - The company has repurchased a total of 7,350,100 shares, accounting for 0.52% of the total share capital, with a total payment of approximately RMB 159.85 million[22]. - The company plans to repurchase shares at a price not exceeding RMB 40.42 per share, with a total repurchase fund of no less than RMB 200 million and not exceeding RMB 400 million[21]. Investment and R&D - The company plans to increase investment in R&D, brand promotion, and offline service channel construction, leading to a 21.45% increase in expenses in the Pantum business[12]. - Research and development expenses were ¥406,329,332.13, down from ¥433,862,061.76, reflecting a focus on cost management[29]. Major Transactions - The company is in the process of selling 100% equity of Lexmark International II, LLC to Xerox Corporation[23]. - The company has completed the necessary legal procedures for the major asset sale, ensuring compliance and validity[24]. - The company has no significant changes in the participation of major shareholders in margin financing and securities lending[20].

Financial Performance - Total operating revenue for Q1 2025 reached ¥382,612,907.82, an increase of 36.86% compared to ¥279,573,289.32 in the same period last year[5] - Net profit attributable to shareholders was ¥81,057,130.61, reflecting a growth of 12.01% from ¥72,364,658.93 year-on-year[5] - Basic earnings per share increased to ¥0.18, up 12.50% from ¥0.16 in the same period last year[5] - Net profit for the current period was ¥81,483,862.93, up 11.0% from ¥72,895,071.13 in the previous period[26] Cash Flow - The net cash flow from operating activities was ¥1,336,707,154.77, a significant improvement from a negative cash flow of ¥157,958,440.81 in the previous year[5] - Cash received from operating activities surged by 459.18% to approximately ¥3.20 billion, driven by the recovery of margin deposits and increased client deposits[10] - Cash inflow from operating activities totaled ¥3,335,332,110.85, significantly higher than ¥703,413,443.35 in the previous period[28] - Investment activities generated a net cash flow of $48,910,068.37, compared to a negative cash flow of $-112,180,368.14 previously, showing improvement[29] Assets and Liabilities - Total assets as of March 31, 2025, amounted to ¥16,768,719,713.12, representing a 4.57% increase from ¥16,036,521,698.25 at the end of the previous year[5] - Total liabilities rose to ¥13,755,830,690.84, up from ¥13,104,378,039.99, indicating an increase of 5.0%[24] - The company's equity attributable to shareholders reached ¥2,971,162,389.72, an increase of 2.8% from ¥2,890,843,758.02[24] Investment and Income - The company reported an investment income of ¥113,746,130.07, a significant turnaround from a loss of ¥4,341,706.62 in the same period last year[9] - The company’s net interest income decreased to ¥30,444,245.59 from ¥35,275,427.05, a decline of 23.5%[26] - Other business income increased by 106.65% to approximately ¥198.11 million, primarily due to the growth in trade business revenue[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,262, with the largest shareholder holding 75.57% of the shares[11] - The largest shareholder, Fujian Ruida Holdings, pledged 24 million shares, representing a significant portion of their holdings[11] - The company’s controlling shareholder has pledged 24 million shares, representing 7.1361% of its total shares held and 5.3929% of the company's total equity[20] Changes and Adjustments - The company has decided not to adjust the conversion price of "Rui Da Convertible Bonds" for the next three months, despite triggering the downward adjustment clause[14] - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[30] Other Financial Metrics - The fair value change loss was ¥-45,344,701.15, a decline of 163.58% compared to a gain of ¥71,323,537.26 in the previous year[9] - Tax expenses increased by 336.99% to approximately ¥54.59 million, reflecting higher tax payments during the period[10] - Cash paid for operating activities rose by 143.79% to approximately ¥1.85 billion, mainly due to increased margin payments to exchanges[10] - The company reported a 99.15% decrease in asset disposal gains, primarily due to reduced gains from fixed asset disposals[10] Governance and Management - The company’s board of directors and supervisory board have extended their terms until the new elections are completed, ensuring continuity in governance[16] - The company’s total liabilities and equity will be reviewed in the upcoming board meetings following the election of the new board members[17]

Financial Performance - Total revenue for Q1 2025 was CNY 14.27 billion, a slight increase of 0.00% compared to CNY 14.27 billion in the same period last year[5]. - Net profit attributable to shareholders decreased by 10.58% to CNY 1.14 billion from CNY 1.27 billion year-on-year[5]. - The company reported a total profit of CNY 1.53 billion, down 12.73% from the previous year[9]. - Operating profit for the period was approximately ¥1.53 billion, down from ¥1.75 billion in the previous period, indicating a decrease of 12.83%[28]. - The net profit for the current period is ¥1,151,308,017.73, a decrease of 10.5% compared to ¥1,286,635,504.74 in the previous period[29]. - The net profit margin for the period was approximately 10.67%, down from 12.21% in the previous period[28]. - The basic and diluted earnings per share for the current period are both ¥0.3282, down from ¥0.3671 in the previous period, reflecting a decline of 10.6%[29]. Cash Flow and Investments - Cash flow from operating activities dropped significantly by 42.20% to CNY 835.90 million compared to CNY 1.45 billion in the previous year[5]. - Cash flow from operating activities for the current period is ¥835,901,146.43, a decrease of 42.2% from ¥1,446,221,593.71 in the previous period[32]. - Total cash inflow from investment activities is ¥2,899,425,434.67, compared to ¥1,214,383,278.85 in the previous period, indicating a significant increase[32]. - Cash outflow for investment activities is ¥6,317,797,779.03, up from ¥4,358,166,297.07 in the previous period, resulting in a net cash flow from investment activities of -¥3,418,372,344.36[33]. - Cash flow from financing activities shows a net increase of ¥5,821,456,521.71, compared to ¥4,906,068,695.82 in the previous period, indicating a positive trend[33]. - The total cash and cash equivalents at the end of the period amount to ¥8,635,976,895.72, an increase from ¥5,514,370,814.38 in the previous period[33]. - The company's cash and cash equivalents increased to approximately ¥9.24 billion from ¥5.75 billion, a growth of 60.00%[24]. Assets and Liabilities - Total assets increased by 15.32% to CNY 42.99 billion from CNY 37.29 billion at the end of the previous year[5]. - Total assets increased to approximately ¥43.00 billion from ¥37.29 billion, reflecting a growth of 15.00%[25]. - Current assets rose to approximately ¥23.77 billion, up from ¥17.85 billion, marking an increase of 33.00%[25]. - Total liabilities increased to approximately ¥20.52 billion from ¥15.96 billion, representing a growth of 28.00%[26]. - Short-term borrowings increased by 85.59% to CNY 1.32 billion, reflecting the need for additional working capital[11]. - Short-term borrowings increased significantly to approximately ¥13.17 billion from ¥7.10 billion, an increase of 85.00%[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 165,051[15]. - Rotex Group Limited holds 70.33% of shares, totaling 2,436,727,364 shares[15]. - The total number of shares held by the top 10 unrestricted shareholders is 2,436,727,364 shares[16]. - The company has a total of 0 preferred shareholders at the end of the reporting period[17]. Other Income and Expenses - Other income from government subsidies increased significantly by 234.58% to CNY 7.95 million compared to CNY 2.38 million in the previous year[13]. - The company reported a financial expense of 2,623.43 million RMB[22]. - The company reported a decrease in income tax expenses to ¥375,800,404.49 from ¥463,144,708.54 in the previous period, reflecting a reduction of 18.9%[29]. - Research and development expenses were approximately ¥40.86 million, down from ¥50.30 million, a decrease of 18.00%[28].

Financial Performance - The company's operating revenue for Q1 2025 was ¥722,068,877.15, a decrease of 37.57% compared to ¥1,156,524,789.21 in the same period last year[3] - The net profit attributable to shareholders was ¥2,788,092.19, down 91.92% from ¥34,497,946.45 year-on-year[3] - The company's basic earnings per share dropped to ¥0.008, down 91.84% from ¥0.098 in the same period last year[3] - The operating profit for the current period is ¥9,345,667.90, down 83.4% from ¥56,440,236.30 in the previous period[24] - The net profit for the current period is -¥3,548,363.86, compared to a net profit of ¥29,714,258.76 in the previous period, indicating a significant decline[25] Cash Flow - The net cash flow from operating activities was -¥107,168,072.93, showing a significant improvement from -¥1,297,677,772.71 in the previous year[3] - Cash received from operating activities totaled 2,385,877,781.74, while cash paid for goods and services was 2,198,259,818.60[28] - Cash inflow from financing activities amounted to 271,010,000.00, with cash outflow totaling 242,596,001.82, leading to a net cash flow of 28,413,998.18[29] - Total cash inflow from investment activities was 222,303,653.00, while cash outflow was 10,242,678.26, resulting in a net cash flow of 212,060,974.74[28] - The ending balance of cash and cash equivalents increased to 1,444,814,201.96, up from 1,311,507,310.08 at the beginning of the period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,069,939,996.03, a decrease of 11.20% from ¥14,718,057,855.18 at the end of the previous year[4] - Total liabilities amount to ¥10,920,491,253.25, a decrease from ¥12,562,097,875.32 in the previous period[22] - The company has a total of ¥1,998,158,828.81 in non-current liabilities, which is a slight decrease from ¥2,011,480,297.99 in the previous period[22] - Total equity attributable to shareholders of the parent company is ¥2,114,987,299.59, slightly down from ¥2,115,162,080.62 in the previous period[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 69,232[15] - Chengdu High-tech Investment Group Co., Ltd. holds 48.89% of shares, totaling 172,213,390 shares[15] - The top ten shareholders hold a significant portion of shares, with the first three shareholders being state-owned entities[15] - The company has no pledged or frozen shares among the top ten shareholders[15] Research and Development - The company’s research and development expenses decreased by 53.23% to ¥640,000.00, reflecting a reduction in investment due to project completions[10] - The company reported a significant increase in research and development expenses, totaling ¥6,400,704.57, compared to ¥13,685,986.28 in the previous period[24] Other Financial Metrics - The weighted average return on equity was 0.13%, down 1.50% from 1.63% year-on-year[4] - Cash flow from investment activities increased by 606.83% to ¥25,390.17, mainly due to the recovery of funds from the transfer of remaining equity in a futures company[13] - The company’s deferred income increased by 76.63% to ¥10,000,000.00, attributed to subsidies received for technology upgrades[9] - Accounts receivable decreased to ¥748,367,056.40 from ¥1,435,534,057.97, a decline of about 48%[21] Audit Status - The first quarter report was not audited, indicating that the financial data may be subject to further review[30]

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,071,844,558.50, representing a 13.50% increase compared to ¥1,825,481,985.97 in the same period last year[2] - The net profit attributable to shareholders was ¥120,665,637.49, a slight decrease of 0.87% from ¥121,729,827.70 year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 27.13% to ¥111,840,130.28 from ¥87,974,582.61 in the previous year[2] - Net profit for the current period was ¥122,032,254.38, slightly higher than ¥120,508,173.49 from the previous period, indicating a growth of 1.3%[19] - Basic earnings per share for the current period was ¥0.1706, down from ¥0.1726 in the previous period, a decrease of 1.2%[19] Cash Flow - The net cash flow from operating activities was -¥344,703,089.74, a significant decrease of 342.76% compared to ¥141,991,656.45 in the same period last year[2] - Cash inflow from operating activities totaled ¥2,003,368,420.30, compared to ¥1,923,301,499.12 in the previous period, an increase of 4.2%[20] - The net cash flow from financing activities increased by 23.90% to ¥216,449,100, driven by increased loan funds obtained by subsidiaries[6] - Net cash flow from financing activities amounted to $216,449,052.13, an increase from $174,690,944.56 in the previous period, reflecting a growth of approximately 24.5%[21] - The net increase in cash and cash equivalents was negative $362,030,709.87, compared to a positive increase of $248,674,964.67 in the prior period[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥15,895,284,450.20, down 1.27% from ¥16,100,437,077.47 at the end of the previous year[2] - Current assets totaled ¥9,431,602,238.27, down from ¥9,806,485,149.25, indicating a decrease of about 3.81%[14] - Total liabilities decreased to ¥10,777,331,374.13 from ¥11,109,887,244.66, a decline of 3.0%[16] - Total current liabilities decreased to ¥8,805,562,811.34 from ¥9,364,636,866.72, a reduction of about 5.95%[15] - Total equity increased to ¥5,117,953,076.07 from ¥4,990,549,832.81, reflecting a growth of 2.5%[16] Inventory and Construction - The balance of inventory at the end of the reporting period was ¥658,874,900, an increase of 47.56% compared to the beginning of the year[5] - The balance of construction in progress was ¥3,314,003,300, reflecting a growth of 3.59% from the beginning of the year[5] - Inventory rose significantly to ¥658,874,909.84 from ¥446,528,289.71, marking an increase of approximately 47.5%[14] Shareholder and Governance - The company completed the transfer of 333,318,144 shares from its former controlling shareholder to China Chemical Engineering Co., Ltd. on December 4, 2023[11] - The actual controller of the company remains unchanged as China Chemical Engineering Group Co., Ltd., ensuring no impact on the company's governance structure[12] Research and Development - Research and development expenses decreased significantly to ¥22,295,224.66 from ¥69,681,487.62, a reduction of 68.0%[18] Tax and Expenses - The company reported a significant increase in tax expenses, totaling ¥21,130,612.71 compared to ¥21,221,952.51 in the previous period, a slight decrease of 0.4%[19] Audit Status - The company’s first quarter report was not audited, indicating a preliminary financial status[22]

Financial Performance - The company's operating revenue for Q1 2025 was ¥4,180,253,944.24, representing a 10.68% increase compared to ¥3,776,851,559.41 in the same period last year[5] - Net profit attributable to shareholders increased by 174.02% to ¥148,142,983.18 from ¥54,063,760.85 year-on-year[5] - Basic and diluted earnings per share rose by 175.00% to ¥0.11 from ¥0.04 in the same quarter last year[5] - Net profit for the current period was ¥171,441,542.03, a significant increase of 184.36% compared to ¥60,176,209.17 in the previous period[18] - Earnings per share (EPS) for the current period was ¥0.11, compared to ¥0.04 in the previous period, reflecting a 175% increase[19] Cash Flow - The net cash flow from operating activities improved significantly to ¥124,044,426.30, a 137.16% increase from a negative cash flow of ¥333,850,669.38 in the previous year[5] - Cash flow from operating activities generated a net cash inflow of ¥124,044,426.30, a recovery from a net outflow of ¥333,850,669.38 in the previous period[20] - Net cash flow from investing activities was -$72,139,359.20, compared to -$187,478,990.29 in the previous period, indicating a decrease in cash outflow[21] - Cash inflow from financing activities totaled $1,180,253,285.90, slightly down from $1,251,700,000.00 in the prior period[21] - The net cash flow from financing activities was $72,786,775.88, down from $397,019,291.42 in the previous period[21] - The net increase in cash and cash equivalents was $124,691,842.98, compared to a decrease of $124,310,368.25 in the prior period[21] - The ending balance of cash and cash equivalents was $3,078,254,392.88, up from $2,548,274,731.17 in the previous period[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥17,798,535,319.33, up 1.34% from ¥17,562,512,271.12 at the end of the previous year[5] - Total current assets increased to ¥10,244,239,958.97 from ¥9,847,752,197.03, reflecting a growth of approximately 4.02%[14] - Total non-current assets decreased to ¥7,554,295,360.36 from ¥7,714,760,074.09, a decline of approximately 2.08%[15] - Total liabilities increased to ¥9,148,712,017.42 from ¥9,042,959,631.29, reflecting a growth of about 1.17%[15] - Total assets increased to ¥17,798,535,319.33 from ¥17,562,512,271.12, indicating a growth of about 1.35%[15] Income and Expenses - Total operating costs increased to ¥4,012,088,136.80, up 9.06% from ¥3,678,286,988.75 in the previous period[17] - The company reported a significant increase in other income to ¥17,449,920.54, compared to ¥10,963,408.01 in the previous period, indicating improved operational efficiency[17] - The company reported a decrease in research and development expenses to ¥50,150,345.89, down from ¥66,463,953.07 in the previous period, indicating a focus on cost management[17] Other Financial Metrics - The weighted average return on equity improved to 2.10%, up from 0.84% in the previous year[5] - The company experienced a 7820.55% increase in non-operating income, reaching ¥25,508,794.10, driven by contract changes[9] - The company’s financial assets increased by 180.40% to ¥15,488,965.94, mainly due to the addition of structured deposits[9] - The company reported a significant increase in contract liabilities, which rose by 34.12% to ¥892,793,544.26, attributed to an increase in customer prepayments[9] Corporate Governance - The company’s first quarter report was not audited[22] - The new accounting standards will be implemented starting in 2025[22] - The company’s board of directors meeting was held on April 30, 2025[23]