Important Content Reminder:
- The Board of Directors and all directors and senior management guarantee that the content of the quarterly report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and bear individual and joint legal responsibility.
- The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisor) declare: guarantee the truthfulness, 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 retrospectively adjust or restate previous years' accounting data: □ Yes ☒ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (yuan) | 97,888,657.50 | 99,233,623.96 | -1.36% |
| Net Profit Attributable to Shareholders (yuan) | 6,473,154.36 | 6,511,990.73 | -0.60% |
| Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (yuan) | 4,011,573.25 | 2,740,451.50 | 46.38% |
| Net Cash Flow from Operating Activities (yuan) | 14,802,422.04 | -29,206,203.00 | 150.68% |
| Basic Earnings per Share (yuan/share) | 0.0559 | 0.06 | -6.83% |
| Diluted Earnings per Share (yuan/share) | 0.0559 | 0.06 | -6.83% |
| Weighted Average Return on Net Assets | 0.54% | 0.55% | -0.01% |
(2) Non-Recurring Gains and Losses Items and Amounts
☒ Applicable □ Not Applicable Unit: yuan
| Item | Amount for Current Period | Description |
|---|---|---|
| Gains and losses from disposal of non-current assets (including reversal of asset impairment provisions) | 6,976.99 | |
| Government subsidies recognized in current profit and loss (excluding those closely related to normal business operations, in accordance with national policy, and having a continuous impact on the company's profit and loss) | 1,071,913.27 | |
| Gains and losses from entrusted investment or asset management | 1,774,601.85 | |
| Other non-operating income and expenses excluding the above | 34,244.61 | |
| Less: Income tax impact | 426,155.61 | |
| Total | 2,461,581.11 |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
☒ Applicable □ Not Applicable Unit: RMB
| Balance Sheet Item | March 31, 2026 | December 31, 2025 | Change Range | Reason for Change |
|---|---|---|---|---|
| Prepayments | 8,028,019.92 | 4,044,053.11 | 98.51% | Mainly due to an increase in operational prepayments during the reporting period. |
| Construction in Progress | 43,122,599.44 | 94,934,350.43 | -54.58% | Mainly due to the completion and acceptance of some construction projects. |
| Other Non-Current Assets | 16,429,551.82 | 9,732,695.16 | 68.81% | Mainly due to an increase in prepayments for equipment and fixed assets during the reporting period. |
| Contract Liabilities | 18,931,624.95 | 13,408,060.58 | 41.20% | Mainly due to an increase in advance receipts during the reporting period. |
| Payable Employee Compensation | 6,876,728.97 | 17,600,669.45 | -60.93% | Mainly due to the payment of bonuses accrued at the end of the previous period. |
| Taxes Payable | 5,504,459.40 | 9,173,029.07 | -39.99% | Mainly due to the payment of taxes accrued at the end of the previous period. |
| Other Current Liabilities | 23,628,437.15 | 16,046,814.98 | 47.25% | Mainly due to an increase in bills endorsed and transferred that have not yet matured. |