Financial Performance - The company's revenue for Q1 2025 was CNY 363,362,796.94, representing an increase of 8.43% compared to CNY 335,125,944.26 in the same period last year[5] - Net profit attributable to shareholders was CNY 44,447,842.51, a growth of 30.35% from CNY 34,098,070.09 year-on-year[5] - Basic earnings per share increased by 30.37% to CNY 0.0940 from CNY 0.0721 in the same quarter last year[5] - Net profit for the current period was ¥46,385,870.80, representing a 30% increase from ¥35,663,332.22 in the previous period[20] - The operating profit increased to ¥54,509,922.96, compared to ¥36,100,324.28, marking a growth of 51%[20] Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -22,418,587.67, a decline of 132.45% compared to CNY 69,076,078.69 in the previous year[5] - The net cash flow from operating activities was negative at -¥22,418,587.67, a significant decline from ¥69,076,078.69 in the previous period[23] - Cash and cash equivalents at the end of the period were CNY 752,499,241.16, down from CNY 770,355,576.78[16] - Cash and cash equivalents at the end of the period totaled ¥741,083,523.59, compared to ¥669,116,037.35 at the end of the previous period, indicating an increase of 10.7%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,738,811,513.71, down 1.60% from CNY 2,783,211,613.47 at the end of the previous year[5] - Current assets totaled CNY 1,499,561,004.41, down from CNY 1,512,094,178.84[16] - Non-current assets decreased to CNY 1,239,250,509.30 from CNY 1,271,117,434.63[17] - Total liabilities were CNY 656,194,594.91, down from CNY 731,381,622.70[17] - The total equity attributable to the parent company was CNY 1,898,671,777.09, an increase from CNY 1,869,971,449.76[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,129, with no preferred shareholders[11] - The largest shareholder, CRRC Industry Investment Co., Ltd., holds 45.42% of the shares, totaling 214,662,759 shares[11] Other Income and Expenses - The company reported a significant increase in other income, which rose by 138.84% to CNY 4,273,905.43 from CNY 1,789,430.44 year-on-year[9] - The company reported a tax expense of ¥8,305,369.87, significantly higher than ¥654,043.25 in the previous period, indicating increased profitability[20] - Other comprehensive income after tax was negative at -¥17,365,293.94, contrasting with a positive figure of ¥4,855,321.88 in the previous period[20] Operational Changes - The company appointed Jin Yan as the new General Manager and Wu Zongce as the Deputy General Manager and Chief Engineer[14] - The company will hold its first temporary shareholders' meeting and employee representative meeting on February 25, 2025, to elect members of the eighth board of directors and supervisory board[13] Operating Costs - Total operating costs amounted to ¥312,857,056.75, up from ¥300,417,764.60, reflecting a rise of 4.8%[19] - The company experienced a cash outflow from investing activities of -¥3,802,551.39, an improvement from -¥6,467,770.40 in the previous period[23]