Important Content Reminder:
- The Board of Directors and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or significant omissions, and assume individual and joint legal responsibilities.
- The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
- 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
Does the company need to restate or adjust previous years' accounting data? ☑ Yes □ No
Reason for restatement or adjustment: □ Change in accounting policy ☑ Correction of accounting errors □ Business combination under common control □ Other reasons
| Item | Current Period | Same Period Last Year | Adjusted Previous Period | Adjusted After | Change (%) |
|---|
| Operating Revenue (CNY) | 376,876,895.56 | 488,634,486.87 | 352,184,746.20 | 7.01% | |
| Net Profit Attributable to Shareholders (CNY) | 30,257,426.78 | 21,651,236.47 | 21,651,236.47 | 39.75% | |
| Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (CNY) | 31,170,545.33 | 21,605,962.07 | 21,605,962.07 | 44.27% | |
| Net Cash Flow from Operating Activities (CNY) | 256,158,105.73 | 13,104,822.87 | 13,104,822.87 | 1,854.69% | |
| Basic Earnings per Share (CNY/share) | 0.1971 | 0.1974 | 0.1974 | -0.15% | |
| Diluted Earnings per Share (CNY/share) | 0.1971 | 0.1974 | 0.1974 | -0.15% | |
| Weighted Average Return on Equity (%) | 2.47% | 1.80% | 1.80% | 0.67% | |
At the End of the Reporting Period
| Item | Current Period End | Last Year End | Change (%) |
|---|
| Total Assets (CNY) | 12,944,979,583.63 | 5,314,129,896.40 | 143.60% |
| Equity Attributable to Shareholders (CNY) | 1,238,184,186.63 | 1,207,975,710.16 | 2.50% |
Reasons for Changes in Accounting Policies and Corrections of Accounting Errors
During the revenue recognition process for certain business operations of the company and its subsidiaries, it was determined that the company and its subsidiaries acted as the primary obligor, and the gross method was used for accounting. After research, the company decided to adopt a more rigorous judgment based on the principle of prudence, adjusting the revenue recognition method for certain transactions from the gross method to the net method. This mainly affects the operating revenue and operating costs in the consolidated income statement but does not impact the total assets, net assets, total profit, net profit, net profit attributable to shareholders, or net cash flow from operating activities of the company. It will not lead to a change in the profit or loss nature of the periodic reports already disclosed by the company.
(2) Non-Recurring Gains and Losses
| Item | Amount for Current Period (CNY) | Description |
|---|
| Gains and losses from disposal of non-current assets (including reversal of impairment provisions) | 546,276.89 | |
| Government subsidies recognized in current profit and loss (excluding those closely related to normal business operations) | 135,000.00 | |
| Fair value changes of financial assets and liabilities held by non-financial enterprises | 0.00 | |
| One-time expenses due to discontinuation of related business activities | -1,907,163.00 | |
| Other operating income and expenses | 27,595.89 | |
| Less: Income tax impact | -285,171.67 | |
| Minority shareholders' equity impact (after tax) | 0.00 | |
| Total | -913,118.55 | |