EX-99.1 2 tm2429499d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

JIADE LIMITED 

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

 

   December 31,   June 30,   June 30, 
   2023   2024   2024 
             
   RMB   RMB   USD 
CURRENT ASSETS:               
Cash and cash equivalents   7,081,937    62,636,592    8,619,082 
Accounts receivable   7,819,344    9,398,484    1,293,274 
Deferred IPO costs   7,869,926         
Prepayment and other current assets   34,151    946,358    130,223 
Due from related parties   8,000    20,000    2,752 
TOTAL CURRENT ASSETS   22,813,358    73,001,434    10,045,331 
Non-current assets               
Property and equipment, net   160,303    91,080    12,533 
Intangible assets, net   1,989,722    1,977,254    272,079 
Right-of-use assets – operating lease   200,539    102,973    14,170 
Other long-term assets   67,757    21,450    2,952 
TOTAL ASSETS   25,231,679    75,194,191    10,347,065 
LIABILITIES AND EQUITY                
CURRENT LIABILITIES:               
Bank loans   3,000,000    2,000,000    275,209 
Accounts payable   1,553    26,278    3,616 
Payroll payables   676,618    938,892    129,196 
Other payables   591,562    542,359    74,631 
Deferred revenue   58,293    -    - 
Operating lease liabilities – current   152,539    93,652    12,887 
Taxes payable   2,929,371    3,942,801    542,547 
Due to related parties.       19,300    2,656 
TOTAL CURRENT LIABILITIES   7,409,936    7,563,282    1,040,742 
Long-term loans – non-current portion            
Operating lease liabilities – long-term            
TOTAL LIABILITIES   7,409,936    7,563,282    1,040,742 
COMMITMENTS AND CONTINGENCIES EQUITY:               
Ordinary shares, US$0.01 par value, 200,000,000 shares authorized, 22,235,471 and 24,535,471 shares issued and outstanding as of December 31, 2023 and June 30, 2024, respectively   1,542,964    1,709,070    245,355 
Additional paid-in capital   2,729,084    50,147,911    6,900,582 
Statutory reserves   1,494,652    2,012,007    276,861 
Ordinary shares subscribed   (1,542,964)   (1,542,964)   (222,355)
Subscription receivable       (3,270,240)   (450,000)
Retained earnings   13,451,868    18,108,060    2,491,752 
Accumulated other comprehensive income       275,347    37,747 
TOTAL EQUITY ATTRIBUTABLE TO EQUITY SHAREHOLDERS OF THE COMPANY   17,675,604    67,439,191    9,297,942 
NON-CONTROLLING INTERESTS   146,139    191,718    26,381 
TOTAL EQUITY   17,821,743    67,630,909    9,306,323 
TOTAL LIABILITIES AND EQUITY   25,231,679    75,194,191    10,347,065 

 

 

 

JIADE LIMITED 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF 

INCOME AND COMPREHENSIVE INCOME

 

   For the six months ended June 30, 
   2023   2024   2024 
             
   RMB   RMB   USD 
Revenue – third parties   6,673,176    8,921,488    1,227,638 
Revenue – related party   853,089         
Revenue   7,526,265    8,921,488    1,227,638 
COSTS AND EXPENSES               
Direct cost of revenue   430,353    400,313    55,085 
Selling expenses   235,231    259,040    35,645 
General and administrative expenses   1,099,705    1,550,235    213,319 
Research and development expenses   188,510    213,122    29,327 
Total costs and expenses   1,953,799    2,422,710    333,376 
INCOME FROM OPERATIONS   5,572,466    6,498,778    894,262 
OTHER INCOME (EXPENSES)               
Interest income   516    15,639    2,152 
Interest expense   (32,492)   (49,642)   (6,831)
Other loss, net   (173,577)   (288,050)   (39,637)
Total other expenses, net   (205,553)   (322,053)   (44,316)
INCOME BEFORE INCOME TAXES   5,366,913    6,176,725    849,946 
INCOME TAXES PROVISION   784,961    957,599    131,770 
NET INCOME   4,581,952    5,219,126    718,176 
Less: net income attributable to non-controlling interest   37,572    45,579    6,272 
NET INCOME ATTRIBUTABLE TO EQUITY SHAREHOLDERS OF THE COMPANY   4,544,380    5,173,547    711,904 
                
OTHER COMPREHENSIVE INCOME               
Foreign currency translation adjustment       275,347    37,889 
TOTAL COMPREHENSIVE INCOME   4,581,952    5,494,473    756,065 
Less: comprehensive income attributable to non-controlling interest   37,572    45,579    6,272 
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO EQUITY SHAREHOLDERS OF THE COMPANY   4,544,380    5,448,894    749,793 
BASIC AND DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO THE COMPANY*               
Basic and diluted   0.20    0.21    0.03 
Weighted average number of shares outstanding               
Basic and diluted   22,235,471    24,535,471    24,535,471