Financial Performance - The company's operating revenue for the third quarter of 2023 was RMB 1,270,616,294.05, representing a year-on-year increase of 4.53%[3] - The net profit attributable to shareholders of the listed company for the third quarter was a loss of RMB 204,323,694.02, a decrease of 8,133.64% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 238,182,626.21, reflecting a decrease of 383.08% year-on-year[3] - The basic and diluted earnings per share for the third quarter were both -0.069205, a decrease of 8,133.64% compared to the same period last year[3] - The company reported a significant decrease in net profit due to reduced earnings from equity method investments compared to the same period last year[8] - The company maintained stable main business operations during the reporting period despite the losses reported[9] - The company is focusing on improving its financial performance and expanding its market presence through strategic investments and operational efficiencies[24] Assets and Liabilities - The total assets at the end of the reporting period were RMB 22,957,622,361.29, down 2.65% from the end of the previous year[4] - The equity attributable to shareholders of the listed company increased to RMB 8,384,089,904.55, marking a year-on-year increase of 1.79%[4] - As of September 30, 2023, total current assets amount to 5,275,520,044.83, a decrease from 5,573,148,568.91 as of December 31, 2022[19] - Total liabilities decreased to ¥13,129,653,088.43 as of September 30, 2023, from ¥14,006,409,003.25 at the end of 2022, a reduction of 6.3%[21] - The company's total equity increased to ¥9,827,969,272.86 as of September 30, 2023, compared to ¥9,576,566,805.88 at the end of 2022, reflecting a growth of 2.6%[21] - The total current liabilities as of September 30, 2023, were CNY 4,986,341,843.71, compared to CNY 5,639,909,545.61 at the end of 2022, indicating a reduction in short-term obligations[31] Cash Flow - The net cash flow from operating activities for the reporting period was not applicable, while it was RMB 606,036,539.77 for the year-to-date, down 30.12% year-on-year[3] - The net cash flow from operating activities for the year-to-date period is -30.12 million, primarily due to the absence of specialized subsidy payments received by a subsidiary in the previous year and increased gas purchase payments by another subsidiary[10] - Cash inflow from operating activities for the first three quarters of 2023 was ¥606,036,539.77, down from ¥867,305,845.98 in the first three quarters of 2022[27] - The company reported a net cash increase of CNY -146,890,788.01 for the period, contrasting with a net increase of CNY 884,139,776.12 in the previous year, highlighting a significant cash flow challenge[29] - Cash flow from financing activities showed a net outflow of -197,815,961.69 RMB in 2023, contrasting with a net inflow of 170,203,012.23 RMB in 2022[37] Shareholder Information - As of September 30, 2023, the total number of ordinary shareholders is 141,557, with no preferred shareholders[11] - The top ten shareholders hold a total of 1,300,000,000 shares, representing approximately 43.56% of the total shares issued[12] - The largest shareholder, Hong Kong Central Clearing Limited, holds 533,551,000 shares, accounting for 18.07% of the total shares[12] - Shanghai大众企业管理有限公司 holds 495,143,859 shares, representing 16.77% of the total shares, with 357,000,000 shares pledged[12] Investment and Income - Investment income for the first three quarters of 2023 was ¥435,702,128.22, significantly higher than ¥32,287,098.32 in the same period of 2022[23] - The company reported a net interest income of ¥72,641,534.53 for the first three quarters of 2023, compared to ¥58,403,140.21 in the same period of 2022, marking a growth of 24.5%[23] - The company's investment income for the first three quarters of 2023 was CNY 372,492,896.06, down from CNY 423,815,152.75 in the previous year, reflecting a decrease of approximately 12.1%[33] Comprehensive Income - Total comprehensive income for the first three quarters of 2023 was ¥322,423,673.73, a recovery from a total comprehensive loss of ¥54,388,964.51 in the same period of 2022[25] - The company reported a decrease in other comprehensive income attributable to the parent company, amounting to -¥45,863,233.49 in the first three quarters of 2023, compared to ¥10,062,914.33 in the same period of 2022[25] - The total comprehensive income for the first three quarters of 2023 was 247,237,508.93 RMB, compared to 211,862,374.42 RMB in 2022, reflecting a year-over-year increase[34] Research and Development - The company’s research and development expenses for the first three quarters of 2023 were ¥259,433.97, indicating ongoing investment in innovation[23] Accounting Standards - The company executed new accounting standards starting January 1, 2023, which did not have a significant impact on its financial position or operating results[38]

Company Overview - The company is a joint-stock entity incorporated in China, listed on the Shanghai Stock Exchange[9]. - The company was established on January 1, 1992, and operates under the corporate governance code[9]. - Shanghai Dazhong Transportation (Group) Co., Ltd. has been listed on the Shanghai Stock Exchange since August 7, 1992, with A shares and July 22, 1992, for B shares[11]. - The company is 90% owned by the Shanghai Dazhong Business Management Employee Share Ownership Committee and 10% by independent third-party shareholders[11]. - Shanghai Dazhong Gas Co., Ltd. was incorporated on September 28, 2001, and is a limited liability company[14]. - Jiangsu Dazhong Water Group Co., Ltd. was established on April 4, 1995, as a limited liability company[12]. - Shanghai Dazhong Financial Leasing Co., Ltd. was incorporated on September 19, 2004[11]. - Nantong Dazhong Gas Co., Ltd. was established on December 11, 2003, as a limited liability company[14]. - Shanghai Dazhong Commercial Factoring Co., Ltd. was incorporated on December 3, 2021[11]. - The company operates multiple subsidiaries, including Dazhong Capital and Dazhong Logistics, which were established in 2010 and 1999, respectively[11]. Financial Performance - Revenue for the first half of 2023 reached RMB 3,556,583, representing a 12.81% increase compared to RMB 3,152,730 in the same period last year[19]. - Net profit attributable to owners of the Company was RMB 477,521, a significant recovery from a loss of RMB 150,752 in the corresponding period last year[19]. - Net cash flows from operating activities decreased by 40.61%, totaling RMB 336,619 compared to RMB 566,774 in the previous year[19]. - Net assets attributable to owners of the Company increased by 4.46% to RMB 8,545,330 from RMB 8,180,577 at the end of last year[19]. - Total assets grew by 1.36% to RMB 23,562,706 from RMB 23,245,923 at the end of last year[19]. - Basic earnings per share improved to RMB 0.16 from a loss of RMB 0.05 in the same period last year[21]. - Diluted earnings per share also improved to RMB 0.16 from a loss of RMB 0.05 in the corresponding period last year[21]. - The weighted average return on net assets increased by 6.47 percentage points to 5.83% from (0.64%) in the previous year[21]. - The company achieved a revenue of RMB 3,557 million in the reporting period, representing a year-on-year increase of 12.81%[51]. - Net profits attributable to owners of the listed company reached RMB 478 million, an increase of RMB 628 million year-on-year[51]. - Basic earnings per share were RMB 0.16, up RMB 0.21 per share compared to the previous year[51]. Business Operations - The company primarily engages in city gas, wastewater treatment, urban transportation, infrastructure investment and operation, logistics and transport, and financial investment businesses, with no material change in its principal business during the reporting period[22]. - The natural gas consumption in city gas is increasing year by year, driven by urbanization and the "coal-to-gas" environmental protection policy, which is expected to further narrow the gap between gas supply and sales[22]. - The company is transitioning from singular natural gas energy supply to integrated energy services, including photovoltaic and hydrogen, to meet diversified energy needs[25]. - The company operates 9 wastewater treatment plants with a total capacity of 440,000 tons per day, achieving a daily treatment capacity of 175,000 tons in one plant[32]. - Dazhong Logistics provides LPG delivery services to 14 administrative regions in Shanghai, billing customers based on unit price per cylinder and actual quantities carried[38]. - Dazhong Financial Leasing's To-C business mainly consists of consumer installment credit for mobile phones and motor vehicles, contributing to its revenue[40]. Risk Management - There were no material risks identified during the reporting period, and potential risks are detailed in the management discussion section[6]. - The risk of unexpected fluctuations in natural gas prices could significantly impact the company's business results due to the cross-subsidization model in pricing policies[86]. - The company faces potential risks from changes to environmental protection policies, which may impose additional operational pressures[86]. - Safety risks associated with natural gas operations include the potential for explosions and leaks due to aging pipeline networks[88]. - The company is closely monitoring exchange rate fluctuations, particularly the RMB/USD exchange rate, to mitigate potential exchange losses[93][95]. - The Company faces risks related to fluctuations in financial market prices, which could impact the value of its financial assets and investment income[93][95]. Corporate Governance - The company confirmed that the interim report's contents are true, accurate, and complete, with no material omissions[2]. - The interim report is unaudited, and all directors attended the board meetings[2]. - The company has established a strong corporate governance structure, ensuring compliance with relevant laws and regulations[47]. - The Company has not recommended any interim dividends for the reporting period[98]. - The proposed changes in the use of proceeds were approved by shareholders at the annual general meeting[109]. Investment and Financing - The company plans to continue expanding its investments in joint ventures and enhancing its equity investment strategy[78]. - The company successfully issued RMB 1 billion worth of corporate bonds in the first half of 2023, achieving the lowest nominal interest rate since 2012[46]. - The company has a diversified financing capability, enhancing its financial innovation efforts in consumer installment credit[46]. - The Group's total bank borrowings were approximately RMB 3,860.08 million, a decrease of 1.76% from RMB 3,929.18 million as of December 31, 2022[113]. - The Group's gearing ratio was 88.17% as of June 30, 2023, representing a decrease of 4.63 percentage points from 92.80% as of December 31, 2022[114]. Environmental and Social Responsibility - The company is committed to upgrading wastewater treatment facilities and introducing new technologies to enhance environmental management capabilities[89]. - The Company emphasizes the importance of workplace safety and adheres to national safety policies to prevent gas-related accidents[92][93]. - The government is pushing for full coverage of urban sewage pipeline networks and advancing the integration of domestic sewage collection and treatment facilities[28]. - The company regularly upgrades sewage treatment equipment and incorporates new technologies to enhance environmental improvement capabilities[87]. Future Outlook - The company aims to expand its market presence and enhance its service offerings through strategic investments and partnerships[12]. - The company is actively controlling investment scale in non-core projects and is cautiously evaluating new investment opportunities due to the overall economic environment[59]. - The expected timeline for utilizing the remaining net proceeds is by December 31, 2024[110].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2023年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 上海大眾公用事業(集團)股份有限公司 呈交日期: 2023年9月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 | 01635 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 533,643,000 | RMB | | 1 RMB | | 533,643,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 533,643,000 | RMB | | 1 RMB | | 533,643,000 | | 2. 股份分類 | 普通股 | 股份類別 ...

| 股票代码：600635 | 股票简称：大众公用 | | 编号：临2023-042 | | --- | --- | --- | --- | | 债券代码：175800 | 债券简称：21 01 | 公用 | | | 债券代码：138999 | 债券简称：23 01 | 公用 | | 上海大众公用事业（集团）股份有限公司 关于参加 2023 年上海辖区上市公司集体接待日 暨中报业绩说明会活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容真实性、准确性和完整性承担个别及连带责任。 上海大众公用事业（集团）股份有限公司（以下简称"公司"）已于 2023 年 8 月 31 日披露公司 2023 年半年度报告及摘要，为进一步加强与投资者的互动 交流，便于广大投资者更深入全面地了解公司 2023 年中报业绩、公司治理、发 展战略、经营状况、可持续发展等投资者所关心的问题，公司定于 2023 年 9 月 7 日（周四）14:00-16:30 参加"2023 年上海辖区上市公司集体接待日暨中报业 绩说明会"活动，现将有关事项公告如下： 一、说明会类型 本次投资者说明会以 ...

Financial Performance - The company reported an unaudited interim performance for the six months ended June 30, 2023[2]. - Revenue for the first half of 2023 reached RMB 3,556,583, representing a 12.81% increase compared to RMB 3,152,730 in the same period last year[21]. - Net profit attributable to owners of the Company was RMB 477,521, a significant recovery from a loss of RMB 150,752 in the corresponding period last year[21]. - Basic earnings per share improved to RMB 0.16 from a loss of RMB 0.05 in the same period last year[23]. - Diluted earnings per share also increased to RMB 0.16, reflecting a positive turnaround in financial performance[23]. - The company achieved a revenue of RMB 3,557 million in the reporting period, representing a year-on-year increase of 12.81%[53]. - Net profits attributable to owners of the listed company reached RMB 478 million, an increase of RMB 628 million year-on-year[53]. - Basic earnings per share were RMB 0.16, up RMB 0.21 per share compared to the previous year[53]. Financial Position - Net cash flows from operating activities decreased by 40.61%, totaling RMB 336,619 compared to RMB 566,774 in the previous year[21]. - Net assets attributable to owners of the Company increased by 4.46% to RMB 8,545,330 from RMB 8,180,577 at the end of last year[21]. - Total assets grew by 1.36% to RMB 23,562,706 from RMB 23,245,923 at the end of last year[21]. - The Group's total bank borrowings amounted to approximately RMB 3,860.08 million, a decrease of 1.76% from RMB 3,929.18 million as of December 31, 2022[114]. - The Group's gearing ratio was 88.17% as of June 30, 2023, representing a decrease of 4.63 percentage points from 92.80% as of December 31, 2022[115]. Corporate Governance - The board of directors confirmed the truthfulness, accuracy, and completeness of the financial reports in the interim report[4]. - The company has complied with relevant laws and regulations, ensuring a sound corporate governance structure[49]. - The Company has not recommended any interim dividends for the reporting period[98][101]. - The remuneration of Directors and senior management is linked to the Company's performance and audited financial statements[100][102]. Business Operations - The company primarily engages in city gas, wastewater treatment, urban transportation, infrastructure investment and operation, logistics and transport, and financial investment businesses, with no material change in its principal business during the reporting period[24]. - The company operates 9 wastewater treatment plants with a total capacity of 440,000 tons per day, achieving a discharge standard of class A+ in some facilities[34]. - Dazhong Logistics provides LPG delivery services to 14 administrative regions in Shanghai, billing customers based on the unit price per cylinder and actual quantities carried[40]. - The gas business segment focused on clean energy substitution and launched a 2023 gas pipeline network construction plan[55]. Strategic Development - The Company is focusing on strategic development initiatives to enhance market expansion and operational efficiency[20]. - Future outlook includes continued investment in new technologies and potential market acquisitions to drive growth[20]. - The Company aims to maintain a strong financial position while exploring new business opportunities in the utilities sector[20]. - The Company has been actively controlling investment scale in non-core projects due to the overall economic environment and geopolitical influences[61]. Risk Management - There were no material risks identified during the reporting period, and potential risks and countermeasures are detailed in the report[8]. - The risk of unexpected fluctuations in natural gas prices could significantly impact the Group's business results due to the time lag in price adjustments by local government[87]. - Safety risks associated with natural gas operations include potential explosions and pipeline leaks, which pose threats to both people and property[89]. Investment and Financing - The Company successfully issued RMB 1 billion worth of corporate bonds in the first half of 2023, achieving the lowest nominal interest rate since 2012[48]. - The Company has proposed to issue corporate bonds and overseas debts as part of its financing strategy[117]. - The Company intends to use idle funds for cash management, enhancing liquidity and operational flexibility[117]. Compliance and Legal Matters - The company had no significant litigations or arbitrations during the reporting period[129]. - There were no bankruptcy reorganization events applicable to the company[129]. - The company did not receive any non-standard audit opinions related to the previous annual report[129]. - There were no allegations of legal or regulatory violations involving the company or its executives during the reporting period[129].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 上海大眾公用事業（集團）股份有限公司 Shanghai Dazhong Public Utilities (Group) Co., Ltd.* （於中華人民共和國註冊成立的股份有限公司） （股份代號：1635） 關連交易 提供鋼瓶運輸服務 提供鋼瓶運輸服務關連交易 於2023年8月29日，上海燃氣崇明委託大眾運行物流（本公司的附屬公司）為其提供多 次鋼瓶運輸服務，據此，上海燃氣崇明將其所屬的中國上海市崇明區崇明島部分區 域、橫沙島區域、長興島區域（具體區域雙方協商確定）瓶裝液化氣交給大眾運行物流 承運、完成配送、接裝及安全檢查，而上海燃氣崇明向大眾運行物流支付服務費用為 人民幣1,439,283元。 –1– 上市規則的涵義 大眾運行物流為本公司的附屬公司。上海燃氣為本公司的附屬公司上海大眾燃氣的主 要股東。因此，根據上市規則第14A.07(1)條為本公司的關連人士。上海燃氣崇明由 上海燃氣全資擁有。故此 ...

重要内容提示: 上海大众公用事业（集团）股份有限公司（以下简称"公司、本公司"）控 股股东上海大众企业管理有限公司（以下简称"大众企管"）持有本公司股份数 量 556,321,859 股（其中：A 股：495,143,859、H 股：61,178,000 股），占本公 司总股本比例 18.84%。本次解除质押及质押完成后，大众企管持有本公司股份 累计质押数量 357,000,000 股 A 股股份，占其持股数量 64.17%。 一、上市公司股份质押 近日，本公司接控股股东上海大众企业管理有限公司通知，获悉其所持有本 公司的部分股份被质押，具体事项如下： 1 | 股票代码：600635 | 股票简称：大众公用 | 编号：临2023-039 | | --- | --- | --- | | 债券代码：175800 | 债券简称：21公用01 | | | 债券代码：138999 | 债券简称：23 公用 01 | | 上海大众公用事业（集团）股份有限公司 控股股东股份解除质押及质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带 ...

证券代码：600635 证券简称：大众公用 公告编号：2023-038 上海大众公用事业（集团）股份有限公司 2022 年年度权益分派 实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 每股分配比例 A 股每股现金红利 0.03 元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2023/8/17 | － | 2023/8/18 | 2023/8/18 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2023 年 6 月 28 日的 2022 年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本2,952,434,675股为基数，每股派发现金红利0. ...

Financial Performance - The company's operating revenue for Q1 2023 was RMB 2,146,308,470.02, representing an increase of 8.23% compared to the same period last year[3]. - Net profit attributable to shareholders of the listed company was RMB 259,732,863.87, with a basic earnings per share of RMB 0.087972[3]. - Total operating revenue for Q1 2023 was approximately ¥2.17 billion, an increase of 8.34% compared to ¥2.00 billion in Q1 2022[21]. - Net profit for Q1 2023 reached approximately ¥303.37 million, a significant recovery from a net loss of ¥267.35 million in Q1 2022[23]. - Operating profit for Q1 2023 was approximately ¥343.83 million, a recovery from an operating loss of ¥264.70 million in Q1 2022[22]. - Total comprehensive income attributable to the parent company's owners for Q1 2023 was CNY 243,033,757.31, compared to a loss of CNY 314,569,764.19 in Q1 2022[24]. Cash Flow - The net cash flow from operating activities decreased by 13.27% to RMB 443,118,673.82[3]. - Cash flow from operating activities for Q1 2023 was CNY 443,118,673.82, down from CNY 510,913,115.28 in Q1 2022, representing a decrease of approximately 13.2%[26]. - Cash inflow from investment activities in Q1 2023 was CNY 726,059,346.61, compared to CNY 1,001,157,492.51 in Q1 2022, indicating a decline of about 27.4%[27]. - Cash flow from financing activities in Q1 2023 was CNY 802,389,664.03, significantly up from CNY 29,405,437.08 in Q1 2022, marking an increase of over 2600%[27]. - Net increase in cash and cash equivalents for Q1 2023 was CNY 1,403,207,261.79, compared to CNY 1,013,479,006.61 in Q1 2022, reflecting an increase of approximately 38.4%[28]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 25,049,080,714.35, an increase of 6.22% from the end of the previous year[4]. - Current assets totaled RMB 6,908,753,012.64, up from RMB 5,573,148,568.91, indicating an increase of about 24%[17]. - Total liabilities increased to approximately ¥15.18 billion as of March 31, 2023, compared to ¥14.01 billion at the end of 2022, reflecting a growth of 8.36%[20]. - The total liabilities as of March 31, 2023, were RMB 9,597,890,276.91, compared to RMB 9,375,731,616.66, indicating a rise of about 2.4%[19]. - The total current liabilities as of March 31, 2023, were CNY 6,043,238,881.85, up from CNY 5,639,909,545.61 at the end of 2022, which is an increase of approximately 7.1%[32]. Shareholder Equity - Equity attributable to shareholders of the listed company increased by 3.02% to RMB 8,485,137,652.22[4]. - The total equity of the company as of March 31, 2023, was RMB 15,451,190,437.44, reflecting an increase from the previous period[18]. - Total equity rose to approximately ¥9.87 billion as of March 31, 2023, up from ¥9.58 billion at the end of 2022, indicating an increase of 3.05%[20]. - The total owner's equity as of March 31, 2023, was CNY 6,980,817,041.26, an increase from CNY 6,815,546,077.64 at the end of 2022, reflecting a growth of approximately 2.4%[34]. Investment and Other Income - Non-recurring gains and losses included government subsidies of RMB 6,870,944.40, impacting the financial results positively[5]. - The company reported a loss of RMB 38,566,207.33 from fair value changes of financial assets and liabilities[6]. - Investment income for Q1 2023 was approximately ¥300.44 million, a turnaround from a loss of ¥189.90 million in Q1 2022[22]. - The company reported a financial expense of CNY 63,924,402.32 in Q1 2023, slightly down from CNY 64,537,492.13 in Q1 2022, showing a decrease of about 1%[35]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[2].

Dividend Distribution - The company plans to distribute a cash dividend of RMB0.30 per ten shares, totaling RMB88,573,040.25 based on 2,952,434,675 outstanding shares at the end of 2022[4]. - The profit distribution plan is subject to approval at the 2022 AGM, with further details to be announced later[4]. - The final dividend declared for the year ended December 31, 2022, is RMB0.30 per ten shares, tax inclusive[11]. - Individual holders of H shares will have a withholding tax of 10% applied to their dividends[148]. - Non-resident enterprise holders of H shares will also face a 10% withholding tax on dividends[149]. - The final dividend payment is expected to be made on or before August 28, 2023[147]. - There were no arrangements for shareholders to waive any dividends during the reporting period[147]. Financial Performance - Revenue for 2022 was RMB 5,812,621, an increase of 4.03% compared to RMB 5,587,531 in 2021[16]. - Net profit attributable to equity holders of the listed company was a loss of RMB 332,591, a decrease of 209.64% from a profit of RMB 303,356 in 2021[16]. - Net cash flows from operating activities decreased by 27.79% to RMB 417,429 from RMB 578,081 in the previous year[16]. - Basic and diluted earnings per share for 2022 were both RMB (0.11), a decrease of 209.64% from RMB 0.10 in 2021[16]. - Profit before tax for 2022 was RMB 299,486,000, a decrease of 62% compared to RMB 493,920,000 in 2021[17]. - Total comprehensive income decreased by 158.36% from RMB423.46 million for the year ended December 31, 2021 to total comprehensive expense of RMB247.12 million for the year ended December 31, 2022[52]. - The company recorded total revenue of RMB5,812.62 million, with a net loss attributable to shareholders of RMB332.59 million[63]. Audit and Compliance - The company received an unqualified audit report from BDO Limited, confirming the accuracy and completeness of the financial report[4]. - The company has committed to ensuring the truthfulness and accuracy of the annual report, with all directors affirming this[5]. - All directors attended the board meeting, ensuring collective responsibility for the report's contents[4]. - The Company has complied with all material aspects of relevant laws and regulations impacting its business for the year ended December 31, 2022[141]. - The Company has implemented compliance procedures to adhere to significant laws and regulations, including the Company Law and Securities Law of the PRC[145]. - The Audit Committee reviewed the accounting principles and policies adopted by the Group for the year ended December 31, 2022[200]. Operational Challenges and Strategies - The company faced significant operational challenges in 2022 due to the global economic slowdown and COVID-19, prompting a series of measures to mitigate impacts[63]. - The company aims to improve customer service experience and enhance management efficiency in response to market competition[22]. - The company is focusing on strategic development initiatives to enhance operational efficiency and market presence[15]. - The company intends to enhance the control ability of its investment platform and establish effective exit mechanisms for invested projects[111]. - The company will actively respond to new industry policies and promote the steady development of local financial industries, particularly in consumption installments[111]. Market and Industry Outlook - Future outlook includes potential market expansion and investment in new technologies to drive growth[15]. - The urban gas industry is experiencing increased competition and regulatory pressure, necessitating a shift towards integrated energy service provision[102]. - The sewage treatment industry is set to benefit from a plan to increase sewage treatment capacity by 20 million m³/day during the "14th Five-Year Plan" period[74]. - The logistics industry is evolving towards high-quality development, focusing on efficiency and innovation to support economic growth[104]. - The financial leasing industry has entered a transformation period since 2020, with companies focusing on serving the real economy and compliance experiencing market share growth[106]. Corporate Governance - The Company has adopted the Corporate Governance Code and complied with all provisions throughout the Reporting Period[195]. - The Company received multiple awards for its governance practices, including three prizes from the 17th Golden Roundtable Awards for Chinese Listed Companies[71]. - The Company is committed to improving its internal control mechanisms and supervision to align with its business development needs[4]. - The Company will continuously improve its corporate governance structure and performance appraisal mechanisms to ensure stable business development[110]. Environmental and Social Responsibility - Dazhong Gas responded to the epidemic by implementing subsidies for non-residential users and reducing penalties during the pandemic, showcasing significant social responsibility[64]. - The Group has implemented various environmental policies to comply with PRC regulations, aiming to reduce greenhouse gas emissions and improve resource efficiency[139]. - The Company is actively monitoring environmental protection policies and implementing advanced technical solutions to mitigate environmental risks in its sewage treatment business[114]. Investment and Financing - The company has established a multi-channel financing model with an AAA credit rating, optimizing its investment and financing structure to reduce risks and costs while improving capital turnover efficiency[87]. - The total net proceeds from the public offering amounted to approximately HK$1,619.5 million, after deducting underwriting fees and commissions[96]. - As of December 31, 2022, 65% of the net proceeds (approximately HK$1,052.70 million) were allocated for investment in public utilities, with HK$990.40 million remaining[99]. - The company is gradually withdrawing from small-scale venture capital projects, which has led to a reduction in long-term equity investments and trading financial assets[119].