Jiangsu Tongxingbao Intelligent Transportation Technology Co., Ltd. Q1 Report 2026
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Important Content Reminder:
- The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, and bear individual and joint legal responsibilities.
- The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisors) declare: guarantee the authenticity, accuracy, and completeness of the financial information in the quarterly report.
- Whether the financial accounting report for the first quarter has been audited: □ Yes ☒ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Whether the company needs to restate or adjust previous years' accounting data: □ Yes ☒ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (yuan) | 179,762,356.81 | 165,316,186.47 | 8.74% |
| Net Profit Attributable to Shareholders (yuan) | 52,740,905.91 | 47,584,665.47 | 10.84% |
| Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (yuan) | 52,172,898.95 | 47,511,867.95 | 9.81% |
| Net Cash Flow from Operating Activities (yuan) | -107,159,181.00 | -639,384.40 | -16,659.74% |
| Basic Earnings per Share (yuan/share) | 0.0926 | 0.0835 | 10.90% |
| Diluted Earnings per Share (yuan/share) | 0.0926 | 0.0835 | 10.90% |
| Weighted Average Return on Equity | 1.90% | 1.73% | 0.17% |
Note:
According to the capital reserve conversion plan implemented in 2025 (4 shares for every 10 shares), the basic earnings per share and diluted earnings per share for the same period last year have been recalculated for comparability.
(2) Non-Recurring Gains and Losses Items and Amounts
☒ Applicable □ Not Applicable
| Item | Amount for Current Period | Description |
|---|---|---|
| Gains and Losses from Disposal of Non-Current Assets (including reversal of asset impairment provisions) | 18,703.98 | - |
| Government Subsidies Recognized in Current Profit and Loss (excluding those closely related to normal business operations) | 873,049.09 | Mainly due to government subsidies recognized in current profit and loss. |
| Fair Value Changes and Gains from Financial Assets and Liabilities | 112,027.23 | Mainly due to interest income from wealth management products. |
| Other Operating Income and Expenses | 4,050.35 | - |
| Less: Income Tax Impact | 117,619.77 | - |
| Minority Interest Impact (after tax) | 322,203.92 | - |
| Total | 568,006.96 | - |
Other Non-Recurring Gains and Losses Items
□ Applicable ☒ Not Applicable
II. Changes and Reasons for Major Accounting Data and Financial Indicators
☒ Applicable □ Not Applicable
- Operating Revenue In the first quarter, the company achieved operating revenue of 179.76 million yuan, an increase of 8.74% compared to the same period last year (165.32 million yuan). The main reason for the growth is the accelerated promotion of the company's intelligent transportation operation management system business nationwide, driven by the digital transformation policies of the Ministry of Finance and the Ministry of Transport, with revenue from this segment increasing by 22.78% year-on-year. The company has increased the promotion of IP series products such as "Su Chao," leading to rapid growth in the intelligent transportation ecosystem business. However, revenue from electronic toll collection decreased due to the impact of the Spring Festival holiday and product structure adjustments.