CEB WATER(01857)
Search documents
中国光大水务(01857) - 内幕消息公告 - 完成於中国内地发行2025年度第一期中期票据
2025-01-08 09:31
新加坡證券交易所有限公司、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。 CHINA EVERBRIGHT WATER LIMITED 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 內幕消息公告- 完成於中國內地發行2025年度第一期中期票據 本公告乃由中國光大水務有限公司(「本公司」)根據香港法例第571章證券及期貨條例第 XIVA部項下之內幕消息條文、香港聯合交易所有限公司證券上市規則第13.09(2)條及新 加坡證券交易所有限公司上市手冊第7章作出。 謹此提述(i)本公司日期為2024年11月6日的公告,內容有關本公司向中國銀行間市場交易 商協會(「交易商協會」)提交申請,以註冊及在中國內地向全國銀行間債券市場機構投資 者(「機構投資者」)分多期發行本金為80億元人民幣的多品種債務融資工具(「建議發 行」);(ii)本公司日期為2024年12月13日的公告,內容有關交易商協會就建 ...
中国光大水务(01857) - 内幕消息公告 - 建议於中国内地发行2025年度第一期中期票据
2025-01-02 09:34
新加坡證券交易所有限公司、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 本公告之內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不會 就本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 CHINA EVERBRIGHT WATER LIMITED 內幕消息公告- 建議於中國內地發行2025年度第一期中期票據 本公告乃由中國光大水務有限公司(「本公司」)根據香港法例第571章證券及期貨條例第 XIVA部項下之內幕消息條文、香港聯合交易所有限公司證券上市規則第13.09(2)條及新 加坡證券交易所有限公司上市手冊第7章作出。 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 本公司董事會(「董事會」)欣然宣佈,本公司擬向機構投資者發行本金15億元人民幣及期 限為5年(附第3個計息年度結束時本公司票面利率調整選擇權及票據持有人回售選擇權) 的2025年度第一期中期票據(名為中國光大水務有限公司2025年度第一期中期票據)(「2025 年度第一期中期票據」)。預計2025年度第一期中期票據將於2025年1月 ...
中国光大水务(01857) - 海外监管公告 - 中国光大水务有限公司2024年度第一期中期票据20...
2024-12-31 04:41
(於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 海外監管公告 本海外監管公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而刊發。 請參閱隨附的中國光大水務有限公司(「本公司」)已於今日在北京金融資產交易所、上海 清算所及中國外匯交易中心暨全國銀行間同業拆借中心之網站刊發之文件。 承董事會命 中國光大水務有限公司 新加坡證券交易所有限公司、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分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。 CHINA EVERBRIGHT WATER LIMITED 中國光大水務有限公司 法律顧問兼聯席公司秘書 關詠蔚 香港,2024年12月31日 於本公告日期,本公司董事會成員包括: (i) 一名非執行董事-欒祖盛先生(董事長); (ii) 兩 名執行董事-陶俊杰先生(總裁)及王悅興先生;以及 (iii) 四名獨立非執行董事 -翟海濤先生、郝剛女士、黃裕喜先生及蘇國良先生。 债券代码:102480045 债券简称:2 ...
中国光大水务(01857) - 海外监管公告 - 光大水务连续第5年获颁「杰出上市公司大奖」
2024-12-16 09:55
新加坡證券交易所有限公司、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分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。 關詠蔚 CHINA EVERBRIGHT WATER LIMITED 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 海外監管公告 本海外監管公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而刊發。 請參閱隨附的中國光大水務有限公司(「本公司」)已於今日在新加坡證券交易所有限公司 網站刊發之文件。 承董事會命 中國光大水務有限公司 法律顧問兼聯席公司秘書 香港,2024年12月16日 於本公告日期,本公司董事會成員包括: (i) 一名非執行董事-欒祖盛先生(董事長); (ii) 兩 名執行董事-陶俊杰先生(總裁)及王悅興先生;以及 (iii) 四名獨立非執行董事 -翟海濤先生、郝剛女士、黃裕喜先生及蘇國良先生。 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (股份代號: U9E.SG , 185 ...
中国光大水务(01857) - 内幕消息公告 - 银行间市场交易商协会就建议於中国内地发行多品种债务...
2024-12-13 09:53
新加坡證券交易所有限公司、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。 CHINA EVERBRIGHT WATER LIMITED 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 內幕消息公告- 銀行間市場交易商協會 就建議於中國內地發行多品種債務融資工具 發出接受註冊通知書 本公告乃由中國光大水務有限公司(「本公司」)根據香港法例第571章證券及期貨條例 (「證券及期貨條例」)第XIVA部項下之內幕消息條文、香港聯合交易所有限公司證券上 市規則(「聯交所上市規則」)第13.09(2)條及新加坡證券交易所有限公司上市手冊(「新交 所上市手冊」)第7章作出。 謹此提述本公司日期為2024年11月6日的公告,內容有關本公司向中國銀行間市場交易商 協會(「銀行間市場交易商協會」)提交申請,以註冊及於適當時候在中國內地向全國銀行 間債券市場機構投資者分多期發行本金為80億元人民幣的多品種債務 ...
中国光大水务(01857) - 持续关连交易 - 订立售电框架协议
2024-12-11 14:12
新加坡證券交易所有限公司、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。 CHINA EVERBRIGHT WATER LIMITED 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 持續關連交易 售電框架協議 董事會欣然宣佈,於2024年12月11日,本公司(作為電力用戶)與光大綠色環保技術服 務(作為售電公司)訂立2025年售電框架協議,據此,本公司同意促使其附屬公司向光 大綠色環保技術服務購買電力,而光大綠色環保技術服務同意於中國江蘇省及山東省 透過電網公司向本集團供應電力。 –1– 由於有關2025年售電框架協議的2025年年度上限的一項或多項適用百分比率超過 0.1%但低於5%,故其項下擬進行的交易須遵守聯交所上市規則第14A章項下的申報、 公告及年度審閱規定,惟獲豁免遵守通函及獨立股東批准的規定。 於本公告日期,光大環境為本公司的控股股東,故為本公司的關連人士。光大環境亦 為 ...
中国光大水务(01857) - 内幕消息公告 - 就於中国内地註册及建议发行多品种债务融资工具提出申...
2024-11-06 10:35
新加坡證券交易所有限公司、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。 CHINA EVERBRIGHT WATER LIMITED 中國光大水務有限公司 (於百慕達註冊成立之有限公司) (香港股份代號:1857) (新加坡股份代號:U9E) 內幕消息公告- 就於中國內地註冊及建議發行 多品種債務融資工具提出申請 本公告乃由中國光大水務有限公司(「本公司」)根據香港法例第571章證券及期貨條例 (「證券及期貨條例」)第XIVA部項下之內幕消息條文、香港聯合交易所有限公司證券上 市規則(「聯交所上市規則」)第13.09(2)條及新加坡證券交易所有限公司上市手冊(「新交 所上市手冊」)第7章作出。 本公司董事會(「董事會」)欣然宣佈,本公司已於2024年11月6日向中國銀行間市場交易 商協會(「交易商協會」)提交申請(「申請」),以註冊及於適當時候在中國內地向全國銀 行間債券市場機構投資者分多期發行金額為80億元人民幣的多品種債務融資工具(「債務 融 ...
中国光大水务(01857) - 2024 - 中期财报
2024-08-29 09:20
Financial Performance - Revenue for the six months ended June 30, 2024, increased by 9% to HK$3,352,595, compared to HK$3,082,000 in the same period of 2023[9] - Gross profit decreased by 10% to HK$1,269,233, down from HK$1,409,741 in the previous year[10] - EBITDA for the period was HK$1,196,486, reflecting a 7% decline from HK$1,287,800 in 2023[10] - Profit attributable to equity holders of the company decreased by 8% to HK$581,146, compared to HK$632,188 in the prior year[10] - Basic earnings per share fell by 8% to HK$20.31, down from HK$22.10 in 2023[10] - The overall gross profit margin was 38%, down 8 percentage points from 46% in the same period last year[22] - Profit before tax decreased to HK$815,307, a decline of 7.3% from HK$879,931 in 1HFY2023[122] - Profit for the period was HK$627,568, compared to HK$674,854 in the same period last year, reflecting a decrease of 7%[124] - The total comprehensive income for the period was HK$470,469, an increase of 18.4% from HK$397,262 in 1HFY2023[124] Assets and Liabilities - Total assets increased by 3% to HK$35,210,411, compared to HK$34,220,661 at the end of 2023[13] - Total liabilities also rose by 3% to HK$21,417,839, up from HK$20,768,319[13] - Equity attributable to equity holders increased by 2% to HK$11,676,607, compared to HK$11,406,121 in the previous year[14] - Net asset value per share improved by 2% to HK$4.08, up from HK$3.99[14] - The gearing ratio remained stable at 60.8%, slightly up from 60.7%[14] - As of June 30, 2024, total assets amounted to approximately HK$35.21 billion, with net assets of HK$13.79 billion[45] - Outstanding borrowings increased to HK$16.12 billion as of June 30, 2024, up by HK$714.86 million from HK$15.41 billion at the end of FY2023[51] - Current liabilities decreased to HK$6,884,803,000 as of June 30, 2024, down from HK$7,938,451,000 as of December 31, 2023, indicating a reduction of 13.3%[130] - Total equity attributable to equity holders of the Company increased to HK$13,792,572,000 as of June 30, 2024, compared to HK$13,452,342,000 as of December 31, 2023, representing a growth of 2.5%[132] Investments and Projects - The Group invested in and held 169 environmental protection projects with a total investment of approximately RMB 32.151 billion as of 30 June 2024[22] - The Group secured 3 new projects in 1HFY2024, involving a total investment of approximately RMB 1.371 billion, adding a designed daily municipal waste water treatment capacity of 200,000 m³[25] - The total number of projects increased to 179, with a combined water treatment/supply capacity of 7,668,100 m³/day[19] - The Group commenced construction on three projects with a designed daily reusable water supply of 9,000 cubic meters and a daily livestock manure treatment capacity of 300 tonnes[30] - As of June 30, 2024, the Group treated approximately 800 million cubic meters of wastewater and supplied approximately 22 million cubic meters of reusable water[28] Revenue Sources - Revenue from water environment management for the six months ended June 30, 2024, was HK$3,352,595,000, an increase of 8.8% from HK$3,082,000,000 in the same period of 2023[171] - Revenue from contracts with local government authorities in the PRC amounted to HK$3,178,057,000 for the six months ended June 30, 2024, compared to HK$2,911,497,000 for the same period in 2023, reflecting a growth of 9.2%[182] - Construction service revenue rose to HK$1,355.41 million, up from HK$826.69 million in 1HFY2023, while operating income decreased to HK$1,301.26 million from HK$1,557.19 million[43] Dividends and Shareholder Returns - The Group declared an interim dividend of HK6.09 cents per ordinary share for 1HFY2024, compared to HK6.63 cents for 1HFY2023, reflecting a decrease of approximately 8.14%[40] - The company paid dividends to shareholders amounting to HK$167,626,000, compared to HK$146,851,000 in the previous year[152] Corporate Governance - The company has complied with the principles and provisions under Singapore's Code of Corporate Governance 2018 and Hong Kong's Corporate Governance Code throughout 1HFY2024[104] - The Audit Committee reviewed the audited consolidated financial results for FY2023 and the internal and external auditor's reports during 1HFY2024[107] - The Board held four meetings during 1HFY2024, maintaining regular oversight of corporate governance practices[105] Risk Management - The Group's risk management initiatives identified and assessed principal risks, maintaining unchanged risk levels during the review period[70] - The Group is exposed to policy change risks related to wastewater treatment and other environmental regulations, which could adversely affect operating results[71] - The Group has established measures to monitor changes in laws and policies, ensuring timely internal dissemination and implementation of new regulations[71] Community Engagement and Environmental Responsibility - The Group launched its "World Environment Day" activities, engaging over 2,000 local residents and welcoming approximately 8,000 visitors to its projects in the first half of FY2024[36] - The Group's commitment to social responsibility includes ongoing community engagement through various environmental initiatives and public welfare activities[38] - The Group's initiatives include organizing public visits and training workshops to educate the community on environmental protection[95] - The Group continues to engage the public through online and offline events in collaboration with ecological organizations and government departments[95] Technological Innovation - In 1HFY2024, the Group provided in-house developed technological processes with a total contract value of approximately RMB 40 million and was granted 4 new patents[26] - The Group added four new patents and published one core paper during the review period, enhancing its technological innovation capabilities[27] Employee Management - The Group employed 1,660 employees, with remuneration based on qualifications, experience, job nature, performance, and market conditions[69] - The Group implemented a talent-driven strategy, conducting specialized training on various topics to empower employees and managers[68] - The Group emphasizes employee well-being through continuous improvement of promotion and incentive mechanisms[68] Financial Management - The Group issued asset-backed securities in April 2024, raising RMB 2 billion to repay high-interest loans and replenish working capital[35] - In January 2024, the Group issued medium-term notes totaling RMB 1.5 billion to support working capital and repay interest-bearing debts[35] - The Group enhanced liquidity management by conducting cash flow projections and leveraging financial instruments to accelerate cash recovery[79]
中国光大水务(01857) - 2024 - 中期业绩
2024-08-13 04:15
Financial Performance - Revenue for the first half of the fiscal year 2024 was HKD 3,352,595,000, representing a 9% increase compared to HKD 3,082,000,000 in the same period of fiscal year 2023[2] - EBITDA for the first half of fiscal year 2024 was HKD 1,196,486,000, a decrease of 7% from HKD 1,287,800,000 in the first half of fiscal year 2023[2] - Profit attributable to equity holders for the first half of fiscal year 2024 was HKD 581,146,000, down 8% from HKD 632,188,000 in the same period last year[2] - Gross profit for the first half of fiscal year 2024 was HKD 1,269,233,000, a decrease of 10% from HKD 1,409,741,000 in the previous year[4] - Total comprehensive income for the first half of fiscal year 2024 was HKD 470,469,000, an increase of 18% from HKD 397,262,000 in the same period last year[5] - The overall gross profit margin decreased to 38% from 46%, a decline of 8 percentage points year-on-year[49] - The basic earnings per share for the first half of fiscal year 2024 was HKD 20.31, down from HKD 22.10 in the first half of fiscal year 2023, representing a decline of about 8.1%[31] Dividends - The interim dividend per share for ordinary shares was HKD 0.0609, compared to HKD 0.0663 in the first half of fiscal year 2023[2] - The company declared an interim dividend of HKD 6.09 per share for the first half of fiscal year 2024, down from HKD 6.63 per share in the same period of fiscal year 2023, which is a decrease of approximately 8.1%[29] - The company declared a dividend of HKD 165,424 thousand for the year-end 2023, which was paid during the reporting period[8] Assets and Liabilities - Non-current assets as of June 30, 2024, totaled HKD 25,305,154,000, an increase from HKD 24,619,309,000 as of December 31, 2023[6] - Current assets as of June 30, 2024, amounted to HKD 9,905,257,000, compared to HKD 9,601,352,000 at the end of the previous year[6] - As of June 30, 2024, total current liabilities decreased to HKD 6,884,803 thousand from HKD 7,938,451 thousand, representing a reduction of approximately 13.3%[7] - The group's total assets less current liabilities increased to HKD 28,325,608 thousand from HKD 26,282,210 thousand, reflecting a growth of about 7.8%[7] - Non-current liabilities rose to HKD 14,533,036 thousand from HKD 12,829,868 thousand, indicating an increase of approximately 13.3%[7] - The net assets of the group increased to HKD 13,792,572 thousand from HKD 13,452,342 thousand, showing a growth of about 2.5%[7] Cash Flow - Operating cash flow before tax profit for the first half of FY2024 was HKD 815,307,000, a decrease of 7.3% compared to HKD 879,931,000 in the first half of FY2023[11] - Net cash used in operating activities for the first half of FY2024 was HKD (422,256,000), an improvement from HKD (534,826,000) in the same period last year[11] - Cash flow from investing activities generated a net cash inflow of HKD 14,292,000, compared to HKD 4,065,000 in the first half of FY2023[12] - Cash flow from financing activities resulted in a net cash inflow of HKD 382,787,000, a significant recovery from HKD (22,448,000) in the previous year[12] - Total cash and cash equivalents at the end of FY2024's first half were HKD 1,813,216,000, down from HKD 2,264,267,000 at the end of FY2023's first half[12] Revenue Breakdown - For the first half of the fiscal year 2024, the total revenue from construction services, financial income, and operational income from local government agencies in China amounted to HKD 3,178,057,000, compared to HKD 2,911,497,000 in the first half of the fiscal year 2023, representing an increase of approximately 9.2%[21] - The revenue from the water environment management business for the first half of fiscal year 2024 was HKD 3,352,595,000, up from HKD 3,082,000,000 in the same period of fiscal year 2023, indicating a growth of about 8.8%[23] - The company reported construction contract revenue of HKD 1,355,412,000 for the first half of fiscal year 2024, significantly higher than HKD 826,692,000 in the same period of fiscal year 2023, marking an increase of about 63.7%[23] Financial Position - The total accounts receivable as of June 30, 2024, was HKD 6,109,836 thousand, an increase from HKD 5,617,886 thousand as of December 31, 2023, showing a growth of approximately 8.8%[32] - The aging analysis of accounts receivable shows that amounts overdue for more than 13 months increased to HKD 1,559,205,000 from HKD 1,271,029,000, reflecting a rise of 22.6%[35] - The group's contract assets totaled HKD 22,671,942,000 as of June 30, 2024, compared to HKD 21,937,417,000 as of December 31, 2023, indicating an increase of about 3.3%[42] Risk Management - The company is closely monitoring legal and policy changes related to environmental regulations to mitigate risks associated with policy shifts[88] - The company has implemented measures to enhance receivables management, including regular meetings and a structured recovery plan, to mitigate risks associated with local government payment delays[92] - The company is actively managing financing risks by monitoring the financing environment and adjusting loan structures to control costs and ensure sufficient liquidity[96] - The company is addressing cost control risks by optimizing operational efficiency and leveraging centralized procurement to manage rising material and labor costs[97][98] Corporate Governance - The company is committed to high standards of corporate governance, adhering to the principles and provisions of the Singapore Corporate Governance Code and the Hong Kong Corporate Governance Code[102] - The Audit Committee, consisting of four independent non-executive directors, has reviewed the audited consolidated financial performance for the 2023 fiscal year[104] - The Remuneration Committee is responsible for determining the remuneration of directors and key management personnel, ensuring alignment with the company's long-term interests and risk policies[105] Employee and Community Engagement - The company emphasizes continuous employee development through various training programs, enhancing skills and knowledge[86] - The company has a strong commitment to employee welfare, providing benefits such as retirement plans and medical coverage[86] - The company actively collaborates with ecological and environmental organizations to promote environmental education and awareness[101]
中国光大水务(01857) - 2023 - 年度财报
2024-04-02 13:48
Water Treatment Capacity and Projects - As of December 31, 2023, Everbright Water's designed daily water treatment capacity exceeds 7.4 million m³[9] - The Group secured 6 new projects in FY2023 with a total investment of approximately RMB 1.213 billion, adding a designed daily municipal wastewater treatment capacity of 45,000 m³[26] - The Group undertook 2 O&M projects and 3 EPCO projects during the year, with a total contract value of approximately RMB 1.914 billion, contributing an additional designed daily wastewater treatment capacity of 100,000 m³[26] - The Group had 18 new projects commenced construction with a designed daily waste water treatment capacity of 325,000 m³, and 13 projects completed construction with a capacity of 130,000 m³[30] - As of December 31, 2023, the Group had 9 projects in the preparatory stage, with a designed daily waste water treatment capacity of 292,000 m³[32] Financial Performance - For FY2023, the Group recorded a revenue of HK$6.70 billion, a slight decrease of 0.3% from HK$6.73 billion in FY2022; EBITDA increased by 13% to HK$2.47 billion[25] - Profit attributable to equity holders reached HK$1.19 billion, representing a 17% increase from HK$1.01 billion in FY2022; basic earnings per share were HK41.51 cents, up 17% from HK35.32 cents[25] - Overall gross profit margin improved to 42%, up by 4 percentage points from 38% in FY2022[25] - The company maintained a healthy financial position and positive results in major operating indicators, focusing on "water-related" businesses and high-quality development[21] - The company is committed to enhancing its core capabilities and competitiveness while optimizing governance to support high-quality development[18] Business Expansion and Diversification - In 2023, the volume and contract value of asset-light businesses reached historic highs, indicating a successful transition from a capital-driven to a capability-driven approach[15] - Everbright Water expanded its business into non-point source pollution control and rural environmental management, contributing to rural revitalization[15] - The company has made breakthroughs in industrial wastewater treatment and resource utilization of livestock manure, expanding its business into pollution control and rural environmental governance[16] - The Group expanded its business into livestock and poultry manure resource utilization with a project in Guangdong Province, marking its entry into this new market[25] Digital Transformation and Innovation - Significant progress was made in digital transformation with the establishment of an intelligent water management platform and the construction of intelligent water treatment plants[15] - The company completed the construction and trial operation of a smart water management platform, enhancing operational management and digital transformation[17] - The Group initiated over 10 R&D projects in FY2023, resulting in multiple achievements and the development of an intelligent management platform[27] - The Group provided in-house developed technological processes to clients, amounting to a total contract value of approximately RMB 192 million, and was granted 28 new patents[27] Environmental and Safety Management - The Group implemented the "Triple Three" leadership system for safety and environmental management to ensure compliance with emission standards[15] - The Group successfully implemented a "Dual Zero" goal, achieving zero safety accidents and zero environment-related incidents during the year[31] - The Group's proactive approach to environmental compliance has prevented major risk incidents during the year under review[109] - The Group adheres to national and international standards for sludge management, including the World Bank Group's guidelines, to minimize environmental impacts[200] Shareholder Returns and Dividends - In 2023, the company achieved a total dividend of HK12.44 cents per ordinary share, an increase from HK10.59 cents in FY2022, reflecting a growth of approximately 17.4%[18] - The company recommended a final dividend of HK5.81 cents per ordinary share for FY2023, an increase from HK5.14 cents in FY2022, resulting in a total dividend of HK12.44 cents per share for FY2023 compared to HK10.59 cents in FY2022[53][56] - The company aims to enhance shareholder returns through the proposed dividend[134] Governance and Management - The company is committed to sustainable corporate development, reflecting resilience in the face of global economic challenges[54] - The company is focused on expanding its operations in environmental management and engineering sectors[161] - The Board includes members with advanced degrees in relevant fields, enhancing strategic decision-making capabilities[164][166] - The recent appointments to the Board reflect a commitment to strengthening governance and strategic oversight[159][164] Market Conditions and Risks - The external environment for 2024 is expected to be increasingly complex and uncertain, but the company remains focused on ecological civilization construction and green transformation[18] - The environmental water industry remains fiercely competitive, influenced by global economic uncertainties and regulatory changes[98] - The Group faces risks related to regulatory changes in China's environmental policies, which could impact project viability and operational feasibility[106] - The risk of trade receivables remains high due to the ongoing economic recovery and fiscal challenges faced by local governments[111] Community Engagement and Public Awareness - The Group actively participated in public welfare activities, receiving over 9,000 visitors to its projects, promoting environmental protection awareness[38] - A total of 45 projects were opened to the public, receiving 11,023 visitors in 308 batches during FY2023, enhancing public awareness of water resources[129] - The Group attracted over 160,000 online views for virtual tours of its wastewater treatment facilities in FY2023, utilizing various online platforms[129] Sustainability and Environmental Goals - The company aims to support high-quality development through a high-quality ecological environment, as outlined in government policies[55] - The Group is committed to promoting green development and ecological environmental protection in response to the PRC government's "14th Five-Year Plan" and the long-term objectives for 2035, targeting "Dual Carbons" goals[192] - The Group has developed multiple "low-carbon demonstration projects" to promote green and low-carbon development, aligning with the "Dual Carbons" strategic goal[125]