Financial Performance - Operating revenue for the first nine months reached CNY 779,459,675.19, a 34.23% increase year-on-year[5] - Net profit attributable to shareholders increased by 53.01% to CNY 241,215,449.40 compared to the same period last year[5] - Basic and diluted earnings per share rose by 46.67% to CNY 0.22[6] - The company reported a net cash flow from operating activities of CNY (276,904,176.74) for the first nine months, which is not applicable for comparison[5] - The net profit for the third quarter of 2018 was RMB 241,250,343.06, reflecting a 53.04% growth year-on-year, primarily driven by increased revenue[11] - Total operating revenue for the third quarter reached ¥278,128,507.26, a significant increase from ¥162,436,238.99 in the same period last year, representing a growth of 71.1%[21] - Net profit for the third quarter was ¥73,145,146.13, up from ¥11,787,960.10 in the same quarter last year, marking a substantial increase of 520.5%[22] - The company reported a total profit of ¥88,099,917.63 for the third quarter, compared to ¥19,211,205.13 in the previous year, indicating a growth of 359.5%[22] - The company’s total profit for Q3 2023 was ¥23,936,406.52, a decrease of 77.5% compared to ¥106,562,478.71 in Q3 2022[26] Assets and Liabilities - Total assets increased by 19.75% to CNY 8,154,998,926.40 compared to the end of the previous year[5] - Total liabilities increased to ¥5,262,197,416.70 from ¥4,575,496,105.79, reflecting a growth of about 15.0%[17] - Current liabilities decreased slightly to ¥1,237,962,140.42 from ¥1,294,447,934.81, a reduction of about 4.4%[17] - Long-term borrowings rose significantly to ¥3,640,018,056.42 from ¥2,914,085,622.20, marking an increase of approximately 24.9%[17] - Shareholders' equity rose to ¥2,892,801,509.70 from ¥2,234,640,176.45, an increase of approximately 29.5%[17] - Total current assets increased to ¥650,486,865.69 from ¥471,052,541.67, representing a growth of approximately 38.1%[18] Cash Flow - The company reported a net cash outflow from operating activities of ¥276,904,176.74 for the first nine months of 2023, compared to an outflow of ¥155,795,893.20 in the previous year[29] - Cash and cash equivalents at the end of Q3 2023 were ¥656,404,930.75, down from ¥842,203,632.05 at the end of Q3 2022[30] - The company raised ¥57,512,940.95 from minority shareholders during the financing activities in the first nine months of 2023[30] - The total investment cash outflow for the first nine months of 2023 was ¥627,327,195.76, compared to ¥297,648,554.41 in the previous year[29] - Cash paid for operating activities increased to $164.87 million, compared to $132.99 million in the same period last year[32] Shareholder Information - The total number of shareholders reached 61,273 by the end of the reporting period[7] - The largest shareholder, Beijing State-owned Assets Management Co., Ltd., holds 43.161% of the shares[8] Government Support and Investments - The company received government subsidies amounting to CNY 5,256,386.48 during the reporting period[7] - The company plans to acquire 100% equity of Guangdong Bohai Xinneng Environmental Co., Ltd. for RMB 610 million, pending approval from the relevant authorities[11] - A framework agreement was signed for the expansion of the Haining Waste Incineration Power Plant, with a total investment expected to be RMB 1.3 billion[12] Research and Development - Research and development expenses for the third quarter were ¥1,538,864.61, slightly down from ¥1,800,168.15 in the same period last year, a decrease of 14.5%[21] - Research and development expenses for the first nine months of 2023 amounted to ¥5,761,195.33, a decrease of 6.0% compared to ¥6,131,738.22 in the same period last year[26] Financial Ratios and Metrics - The weighted average return on equity increased by 2.4 percentage points to 9.77%[6] - The gross profit margin for the third quarter improved to 10.5%, compared to 2.5% in the same quarter last year[21] - Earnings per share for the third quarter were ¥0.06, compared to ¥0.01 in the same period last year, reflecting a 500% increase[23] - The company achieved a comprehensive income total of ¥74,459,776.51 for the third quarter, compared to ¥8,817,717.30 in the previous year, an increase of 743.5%[23]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2018, representing a year-on-year increase of 15%[16]. - The net profit attributable to shareholders was RMB 200 million, an increase of 10% compared to the same period last year[16]. - The company's operating revenue for the first half of 2018 was approximately CNY 501.33 million, representing a year-on-year increase of 19.86% compared to CNY 418.27 million in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2018 was approximately CNY 168.09 million, an increase of 15.24% from CNY 145.85 million in the previous year[23]. - The basic earnings per share for the first half of 2018 was CNY 0.16, up 14.29% from CNY 0.14 in the same period last year[24]. - The company reported a net profit attributable to shareholders of RMB 168,086,711.59, a 15.24% increase year-on-year[35]. - The company reported a profit before tax of RMB 184,945,095, an increase of approximately RMB 4,361,400 compared to the previous year[54]. - The company reported a total of CNY 1.12 million in non-recurring gains and losses for the reporting period[25]. - The company achieved operating revenue of RMB 501,331,167.93, representing a 19.86% increase compared to the same period last year[41]. - The company reported a total comprehensive income of CNY 168,647,521.21 for the period[155]. Operational Capacity and Expansion - The company has expanded its operational capacity with the completion of three new waste-to-energy projects, increasing total processing capacity by 20%[16]. - User data indicates a 25% increase in the number of waste treatment contracts signed in the first half of 2018, totaling 150 contracts[16]. - The company operated 13 waste incineration power generation projects with a waste processing capacity of 10,760 tons per day as of June 30, 2018[27]. - The company has 6 projects under construction with a waste processing capacity of 6,850 tons per day, indicating ongoing expansion in its operational capacity[27]. - The total waste processed reached 2.21 million tons, including 77,000 tons of straw, marking a 26% year-on-year growth[35]. - The electricity generated was 634 million kWh, reflecting a 35% increase year-on-year[35]. - The company secured new waste treatment concession rights for 4,450 tons/day, including the Huizhou Phase II and Henan Dengfeng projects[36]. - The company plans to ensure the completion and stable operation of the Miyun and Ninghe biomass projects in the second half of the year[39]. - The company aims to expand its project construction and ensure the timely completion of the Shantou, Zhangqiao, and Bobai projects[39]. Financial Position and Assets - The company's total assets at the end of the reporting period were approximately CNY 7.85 billion, reflecting a year-on-year growth of 15.26% from CNY 6.81 billion[23]. - The company's net assets attributable to shareholders increased to approximately CNY 2.75 billion, a rise of 23.06% from CNY 2.23 billion at the end of the previous year[23]. - The company's total assets reached RMB 7,849,692,544.08, with total equity of RMB 2,771,541,732.14 as of June 30, 2018[35]. - The company's total liabilities were RMB 5,078,150,812, resulting in a debt-to-asset ratio of 65%[48]. - The company's cash and cash equivalents increased to RMB 841,734,115, up 21.20% from RMB 694,492,369 at the end of the previous year[57]. - The company's total equity reached RMB 2,771,541,732, up from RMB 2,234,640,176, reflecting a growth of approximately 24%[137]. Research and Development - The company plans to invest RMB 500 million in research and development for new waste treatment technologies over the next two years[16]. - The company holds a total of 44 patents, including 9 invention patents and 35 utility model patents[37]. - Research and development expenses for the first half of 2018 were ¥4,222,330.72, slightly down from ¥4,331,570.07 in the same period last year[141]. Risks and Compliance - The company has outlined potential risks including policy changes and market competition in its risk assessment section[16]. - The company faces risks related to the stability of waste supply and calorific value, which can impact operational efficiency and profitability[6]. - The financial report has been prepared in accordance with Chinese accounting standards and has been reviewed by KPMG[16]. - The company has complied with the corporate governance code throughout the reporting period[106]. - The company reported significant litigation and arbitration matters during the reporting period[86]. Environmental Compliance - The company operates multiple waste incineration power plants, which are classified as key pollutant discharge units by environmental protection authorities[94]. - Major pollutants emitted during production include sulfur dioxide, smoke, nitrogen oxides, and COD, all of which are treated to meet standards before discharge[94]. - The company has implemented a comprehensive air pollution control system, including SNCR denitrification and bag filter dust removal[101]. - The company’s pollution emissions were within the regulatory standards, with no exceedances reported[100]. - The company reported that the emission concentration of nitrogen oxides from furnace 1 was 116 mg/m³, which is 61.33% below the limit of 300 mg/m³[95]. Shareholder Information - The company issued 11,620 million A-shares, which were listed on the Shanghai Stock Exchange on June 11, 2018[112]. - As of June 30, 2018, the total number of A-share shareholders was 98,090, with no preferred shareholders[114]. - The largest shareholder, Beijing State-owned Assets Management Co., held 501,189,618 shares, representing 43.1614% of total shares[116]. - The total number of shares after the issuance increased to 116,120 million, with a total share count of 104,500 million before the issuance[116]. - The company has not reported any non-standard audit reports for the previous year's financial statements[85]. Financing Activities - The company raised approximately RMB 3.57 billion from its A-share listing, contributing to a net cash inflow from financing activities of about RMB 340 million[43]. - The company raised a total of HKD 1.19025 billion from its H-share global offering, with a net amount of HKD 1.126 billion after deducting issuance costs[63]. - The company raised RMB 382,298,000.00 from new investments during the period[151]. - The company has provided financial guarantees for bank credit facilities of its subsidiaries, with the maximum liability amounting to RMB 2,678,955,695 as of June 30, 2018[60]. Employee and Management - The number of employees as of June 30, 2018, was 1,513[130]. - The company has implemented a systematic training program for employees, focusing on various aspects of company operations and core technologies[131]. - The company is actively seeking to improve employee compensation and benefits as part of its ongoing development strategy[131].