Financial Performance - The company reported a consolidated profit of RMB 1.2 billion for the fiscal year, representing a 15% increase compared to the previous year[1]. - Revenue for the year ended December 31, 2024, was approximately RMB 2,789,209,000, a decrease of 10.21% compared to RMB 3,116,539,000 in 2023[16]. - Gross profit for the same period was RMB 453,733,000, down 30.74% from RMB 655,113,000 in 2023[16]. - The loss attributable to ordinary shareholders for the reporting period was approximately RMB 1,739 million, compared to RMB 688 million in 2023[17]. - Loss per share for the reporting period was approximately RMB 1.458, significantly higher than the loss per share of RMB 0.577 in 2023, reflecting a 152.79% increase in loss[18]. - The Group recorded revenue of approximately RMB 2,798.2 million, representing a decrease of approximately 10.2% compared to the year ended December 31, 2023[93]. - The net loss for the Group was approximately RMB 2,166.2 million, an increase of approximately 117.8% compared to the previous year[93]. User and Market Growth - User data showed a growth of 20% in active users, reaching 5 million by the end of the reporting period[1]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2025[1]. - New product launches contributed to a 30% increase in sales in the last quarter, with three new products introduced[1]. Revenue Guidance and Projections - The company provided a revenue guidance of RMB 1.5 billion for the next fiscal year, indicating a projected growth of 25%[1]. - The Group plans to enhance profitability by optimizing debt structure and improving operational systems in 2025[28]. Operational Efficiency and Cost Management - The company aims to reduce operational costs by 8% through improved supply chain management[1]. - Research and development expenses increased by 12%, focusing on innovative technologies to improve service efficiency[1]. - The Group reduced agent usage in operational projects by 7,430 tonnes, leading to a cost reduction of RMB 12.84 million, a decrease of 9.7%[36]. - Electricity costs per ton of water decreased by 9.5%, and the bid-winning amount through chemicals procurement was reduced by approximately RMB 5.753 million, saving 14.8%[36]. Customer Satisfaction and Service Quality - Customer satisfaction ratings improved to 90%, reflecting enhanced service quality and user experience[1]. Sustainability Initiatives - The company plans to implement new sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2030[1]. Debt Management and Financial Stability - The Group's strategies focused on debt optimization and asset structure improvement to enhance financial risk control[24]. - The Group completed a debt-to-equity swap, converting RMB9.891 billion of ordinary securities into perpetual securities, reducing the gearing ratio to 74.9% and saving approximately RMB198 million in annual finance costs[41]. - The Group successfully obtained over RMB 48 million in dedicated funding for debt restructuring, contributing to financial stability[40]. Technological Innovations - The Group implemented technological innovations to improve operational quality and efficiency, including centralized procurement and intelligent drug delivery systems[24]. - The Group's initiatives in technological innovation and operational support are expected to drive efficiency and safety improvements across domestic projects[46]. Governance and Leadership Changes - The Company is actively restructuring its board with new appointments to enhance governance[165]. - The Company has undergone changes in its executive directorate, with Mr. Zheng Guangfeng serving as the general manager since March 2024[166]. - The leadership team includes professionals with backgrounds in investment management and environmental engineering, contributing to strategic decision-making[179]. Regulatory and Policy Environment - In January 2024, the Ministry of Ecology and Environment and other departments issued guidelines for the treatment of rural sewage, emphasizing the need for improved sewage management[57]. - The government allocated annual special funds ranging from RMB0.8 billion to RMB1.2 billion for the renovation of urban sewage infrastructure in 15 pilot cities[57]. - A series of policies aim to enhance the efficiency of sewage treatment facilities and reduce pollution, promoting green development in urban areas[61]. Project Capacities and Operations - As of December 31, 2024, the Group owned 203 water treatment projects with a total treatment capacity of approximately 5,746,000 tonnes per day[24]. - The solid waste treatment business segment had 24 projects with a total annual treatment capacity of 4,117,280 tonnes[24]. - The average utilization rate for wastewater treatment during the reporting period was approximately 78.26%[75]. - The average unit charge for wastewater treatment was approximately RMB1.46 per tonne[75].

Financial Performance - Revenue for the year ended December 31, 2024, was approximately RMB 2,798 million, a decrease of about 10% compared to RMB 3,116 million for the year ended December 31, 2023[3]. - The loss for the year was approximately RMB 2,166 million, an increase of about 118% compared to a loss of RMB 994 million for the year ended December 31, 2023[3]. - Loss attributable to ordinary shareholders was approximately RMB 1,739 million, an increase of about 153% compared to RMB 688 million for the year ended December 31, 2023[3]. - Basic loss per share was approximately RMB 1.458, an increase of RMB 0.881 compared to RMB 0.577 for the year ended December 31, 2023[5]. - The group recorded a net loss of RMB 2,166,241,000 for the year ending December 31, 2024, with current liabilities exceeding current assets by RMB 3,767,846,000[13]. - The group recorded revenue of approximately RMB 2,798.2 million, a decrease of about 10.2% compared to RMB 3,116.5 million for the year ended December 31, 2023[51][52]. - The group reported a net loss of approximately RMB 2,166.2 million, an increase of about 117.8% compared to the previous year[51]. Assets and Liabilities - Total assets as of December 31, 2024, were RMB 44,468 million, a decrease from RMB 46,844 million as of December 31, 2023[6]. - Total liabilities as of December 31, 2024, were RMB 33,307 million, down from RMB 43,393 million as of December 31, 2023[7]. - The company's equity attributable to ordinary shareholders was RMB 309 million, a decrease from RMB 1,986 million as of December 31, 2023[7]. - Non-current assets decreased to RMB 35,491 million from RMB 37,709 million as of December 31, 2023[6]. - The company's total assets as of December 31, 2024, were RMB 44,468,734 thousand, while total liabilities were RMB 33,307,412 thousand[20]. - The ratio of assets to liabilities decreased from approximately 89.71% to 64.59%, primarily due to reduced borrowings and increased permanent capital instruments[71]. Cash Flow and Financing - Total borrowings amounted to RMB 21,369,470,000, with current borrowings at RMB 2,922,052,000 and cash and cash equivalents only at RMB 1,008,079,000[13]. - The group has unused project loan financing available up to RMB 3,207,884,000 to cover part of the construction costs and capital expenditures due in the next 12 months[14]. - Cash and cash equivalents increased by approximately RMB 108.9 million to RMB 1,008.1 million, a growth of about 12.1% due to higher cash inflows from investment activities[67]. Operational Performance - The group operates in five business segments: wastewater treatment, water supply, construction and equipment sales, solid waste treatment, and other services[18][19]. - Total revenue from external customers for the wastewater treatment segment was RMB 1,381,031 thousand, while the solid waste treatment segment generated RMB 558,406 thousand, contributing to a total revenue of RMB 2,798,209 thousand for the year ended December 31, 2024[20]. - The gross profit for the wastewater treatment segment was RMB 387,212 thousand, and for the solid waste treatment segment, it was RMB 6,133 thousand, leading to a total gross profit of RMB 453,733 thousand[20]. - The average utilization rate for wastewater treatment was approximately 78.26%, with an average treatment fee of RMB 1.46 per ton[45]. - The group operated 121 wastewater treatment projects with a total daily processing capacity of approximately 3,166,250 tons[45]. - The group had 60 water supply projects with a total daily processing capacity of approximately 2,214,100 tons, with an average utilization rate of 64.53% and an average fee of RMB 2.34 per ton[46]. - The solid waste treatment segment reported a total annual processing capacity of 4,117,280 tons, with an average utilization rate of 79.37%[47]. Expenses and Costs - The company reported a significant increase in administrative expenses to RMB 633 million from RMB 423 million for the year ended December 31, 2023[4]. - Depreciation and amortization expenses totaled RMB 640,194 thousand for the year ended December 31, 2024[20]. - Net financing costs rose by approximately RMB 179.6 million to RMB 1,130.8 million, an increase of about 18.9%, primarily due to new loan agreements and increased amortization[61]. Corporate Governance and Compliance - The company emphasizes the importance of effective environmental, social, and governance (ESG) management policies for sustainable development[84]. - The company has complied with all applicable corporate governance codes during the reporting period[86]. - The Audit Committee held seven meetings during the reporting period, discussing key topics such as the annual performance and internal control evaluation[90]. - The Nomination Committee held three meetings, focusing on candidates for the fourth board of directors[92]. - The Remuneration Committee conducted six meetings, addressing senior management compensation and performance-related pay[95]. - The company is preparing an ESG report to be included in the 2024 annual report, detailing contributions to sustainable development[85]. - The company is committed to maintaining high standards of corporate governance to protect shareholder interests and enhance corporate value[86]. Future Plans and Strategies - The group plans to actively seek new financing sources and divest certain franchise and construction projects to strengthen its capital structure[14]. - In 2024, the company aims to enhance operational efficiency and reduce costs while addressing historical issues, focusing on price adjustments and asset management[42]. - The company intends to optimize its debt structure and improve asset allocation to enhance sustainable development momentum[43]. - The company will strengthen operational control and promote cost reduction and efficiency improvements, while enhancing capital operations and resource advantages[43]. - The company will implement a strict water-saving system to control total water usage and improve resource conservation capabilities[41]. - The company anticipates increased investment in water infrastructure projects due to supportive policies and funding channels[40].

Company Overview - Yunnan Water Investment Co., Limited is a joint stock limited liability company established in the PRC, with H Shares listed on the Main Board of the Stock Exchange (stock code: 6839)[5] - The company's headquarters and principal place of business in the PRC is located at 2089 Haiyuan Bei Road, Gaoxin District, Kunming, Yunnan[3] - The principal place of business in Hong Kong is Suite 3110–11, 31/F, Tower 1, The Gateway, Harbour City, 25 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong[3] - The company's principal bankers include Industrial Bank Co., Ltd., China Development Bank, Agricultural Bank of China Limited, and China Construction Bank Corporation[4] - The auditor of the company is Moore CPA Limited, located at 801-806 Silvercord Tower 1, 30 Canton Road, Tsimshatsui, Kowloon, Hong Kong[4] - The company's website is http://www.yunnanwater.cn[4] - The company's legal advisers include Jingtian & Gongcheng LLP for Hong Kong law and DeHeng Law Offices (Kunming) for PRC law[3] - The company's H Share registrar in Hong Kong is Tricor Investor Services Limited, located at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong[3] Board of Directors - The company's executive directors include Mr. Zheng Guangfeng (Vice Chairman, General Manager), Mr. Liu Hui, and Mr. Zhou Zhimi[2] - The company's non-executive directors include Mr. Mei Wei (Chairman), Mr. Dai Richeng, and Mr. Chen Yong[2] - Mr. Zheng Guangfeng was appointed as General Manager and Vice Chairman of the Board effective from 27 March 2024[40] - Mr. Liu Jianjun resigned as General Manager and executive Director effective from 27 March 2024 and 5 June 2024 respectively[40] Financial Performance - Revenue for the six months ended 30 June 2024 decreased by 15.90% to RMB 1,242,466 thousand compared to RMB 1,477,335 thousand in the same period in 2023[8] - Gross profit for the six months ended 30 June 2024 decreased by 32.36% to RMB 201,184 thousand compared to RMB 297,451 thousand in the same period in 2023[8] - Loss before income tax for the six months ended 30 June 2024 increased by 259.38% to RMB (880,192) thousand compared to RMB (244,920) thousand in the same period in 2023[8] - EBITDA for the six months ended 30 June 2024 decreased by 74.74% to RMB 159,734 thousand compared to RMB 632,474 thousand in the same period in 2023[8] - Loss attributable to ordinary shareholders of the Company for the six months ended 30 June 2024 increased by 286.47% to RMB (743,144) thousand compared to RMB (192,289) thousand in the same period in 2023[8] - Basic loss per share for the six months ended 30 June 2024 increased by 286.96% to RMB (0.623) compared to RMB (0.161) in the same period in 2023[8] - Revenue decreased by 15.9% to RMB1,242.5 million compared to RMB1,477.3 million in the same period last year[20] - Net loss increased to RMB923.9 million from RMB248.8 million in the previous year[20] - Wastewater treatment segment revenue decreased by 29.3% to RMB544.9 million[20] - Water supply segment revenue increased by 5.3% to RMB370.2 million[20] - Solid waste treatment segment revenue decreased by 2.3% to RMB261.1 million[20] - Cost of sales and services decreased by 11.8% to RMB1,041.3 million[22] - Gross profit margin decreased by 3.9% to 16.2%[25] - Other income decreased by 73.5% to RMB26.7 million[25] - Selling expenses decreased by RMB3.8 million (20.8%) to RMB14.5 million compared to the previous period[26] - Administrative expenses increased by RMB60.0 million (37.1%) to RMB221.8 million, primarily due to impairment of long-term assets[26] - Net finance costs increased by RMB125.1 million (25.5%) to RMB616.7 million, driven by exchange loss and higher borrowing costs[26] - The average interest rate on borrowings rose to 3.76% per annum from 3.40% per annum[26] - Loss before income tax increased to RMB880.2 million from RMB244.9 million in the previous period[26] - Income tax expenses rose to RMB43.8 million from RMB3.9 million[26] - Net loss increased by RMB675.1 million to RMB923.9 million[26] - Receivables under service concession arrangements decreased by RMB172.2 million (2.3%) to RMB7,187.9 million[27] - Total cash balance decreased by RMB174.0 million (19.4%) to RMB725.2 million[27] - Borrowings totaled RMB31,013.5 million, with RMB18,123.5 million unsecured and RMB12,890.0 million secured[27] - The Group's capital commitments increased by approximately RMB246.7 million, from RMB7,267.5 million as at 31 December 2023 to RMB7,514.2 million as at 30 June 2024, representing an increase of approximately 3.4%[28] - The Group's gearing ratio increased from approximately 89.71% as at 31 December 2023 to approximately 92.29% as at 30 June 2024, representing an increase of approximately 2.58%[28] - No significant investments and acquisitions activities occurred during the Reporting Period[28] - Revenue for the six months ended 30 June 2024 decreased to RMB 1,242,466 thousand from RMB 1,477,335 thousand in the same period in 2023, representing a decline of 15.9%[54] - Gross profit for the six months ended 30 June 2024 was RMB 201,184 thousand, down from RMB 297,451 thousand in the same period in 2023, a decrease of 32.4%[54] - Operating loss for the six months ended 30 June 2024 was RMB 289,385 thousand, compared to an operating profit of RMB 222,598 thousand in the same period in 2023[54] - Loss before income tax for the six months ended 30 June 2024 was RMB 880,192 thousand, significantly higher than the loss of RMB 244,920 thousand in the same period in 2023[54] - Loss for the period ended 30 June 2024 was RMB 923,942 thousand, compared to a loss of RMB 248,816 thousand in the same period in 2023[54] - Total comprehensive expense for the period ended 30 June 2024 was RMB 930,572 thousand, compared to RMB 283,155 thousand in the same period in 2023[54] - Loss attributable to ordinary shareholders of the Company for the six months ended 30 June 2024 was RMB 743,144 thousand, compared to RMB 192,289 thousand in the same period in 2023[55] - Basic and diluted loss per share for the six months ended 30 June 2024 was RMB 0.623, compared to RMB 0.161 in the same period in 2023[55] - Total assets as of 30 June 2024 were RMB 46,241,039 thousand, slightly down from RMB 46,844,467 thousand as of 31 December 2023[57] - Property, plant and equipment as of 30 June 2024 decreased to RMB 4,155,807 thousand from RMB 4,257,167 thousand as of 31 December 2023[57] - Total equity decreased to RMB 2,531,246,000 from RMB 3,451,455,000 at the end of 2023[58] - Accumulated losses increased to RMB (2,496,195,000) from RMB (1,753,051,000) at the end of 2023[58] - Non-current liabilities decreased to RMB 27,588,168,000 from RMB 31,351,166,000 at the end of 2023[58] - Current liabilities increased to RMB 43,709,793,000 from RMB 43,393,012,000 at the end of 2023[59] - Total liabilities slightly increased to RMB 43,709,793,000 from RMB 43,393,012,000 at the end of 2023[59] - Total equity and liabilities decreased to RMB 46,241,039,000 from RMB 46,844,467,000 at the end of 2023[59] - Loss for the period amounted to RMB 743,144,000[61] - Non-controlling interests decreased to RMB 1,294,290,000 from RMB 1,465,281,000 at the end of 2023[61] - Currency translation differences resulted in a loss of RMB 6,074,000[61] - Capital contribution by non-controlling interests was RMB 10,363,000[61] - Operating cash flow increased to RMB 24,219 thousand in 2024 from a negative RMB 223,387 thousand in 2023[65] - Cash generated from operations rose to RMB 257,141 thousand in 2024 compared to RMB 94,561 thousand in 2023[65] - Income tax paid decreased to RMB 33,336 thousand in 2024 from RMB 70,548 thousand in 2023[65] - Interest paid reduced to RMB 199,586 thousand in 2024 from RMB 247,400 thousand in 2023[65] - Net cash from investing activities increased to RMB 241,223 thousand in 2024 from RMB 233,388 thousand in 2023[65] - Proceeds from borrowings dropped significantly to RMB 47,626 thousand in 2024 from RMB 1,366,000 thousand in 2023[66] - Repayments of borrowings decreased to RMB 468,024 thousand in 2024 from RMB 1,427,607 thousand in 2023[66] - Cash and cash equivalents at the end of the period stood at RMB 725,168 thousand in 2024 compared to RMB 523,815 thousand in 2023[66] - The company's registered capital increased to RMB 1,193,213,000[67] - The interim financial statements were approved by the board of directors on 30 August 2024[67] - The company reported a net loss of RMB 923,942,000 for the six months ended 30 June 2024[69] - The company's current liabilities exceeded its current assets by RMB 6,656,230,000 as of 30 June 2024[69] - Total borrowings amounted to RMB 31,013,528,000, with current borrowings at RMB 5,623,214,000 and cash and cash equivalents at RMB 725,168,000 as of 30 June 2024[69] - The company has capital commitments of approximately RMB 7,514,151,000, mainly related to concession and construction projects[69] - The company plans to divest certain concession and construction projects and seek strategic investors to enhance capital structure and reduce financing expenses[69] - Unutilized project loan facilities from banks provide financing of up to RMB 3,129,384,000 to cover construction costs and committed capital expenditure for the next twelve months[70] - The company has initiated the process to obtain new project loans for existing and new concession and construction projects[70] - The company will actively seek additional financing sources as needed[70] - The company's cash flow projections cover a period of not less than twelve months from 30 June 2024[70] - The application of amended HKFRS standards had no material impact on the company's financial performance and positions[76] - The application of revised Hong Kong Financial Reporting Standards did not significantly impact the company's financial performance or condition during the period[77] - 47% of the company's revenue was recognized in the first half of 2023, while 53% was recognized in the second half[78] - The company is exposed to financial risks including market risk, credit risk, and liquidity risk, with no changes in risk management policies since December 31, 2023[78] - The company is organized into five business segments: wastewater treatment, water supply, construction and sales of equipment, solid waste treatment, and others[79] - Management monitors the results of each operating segment separately for resource allocation and performance assessment[79] - Gross segment revenue for the six months ended 30 June 2024 was RMB 1,249,591 thousand, with the largest contribution from the wastewater treatment project construction and operation segment at RMB 544,856 thousand[81] - Revenue from external customers for the six months ended 30 June 2024 was RMB 1,242,466 thousand, with RMB 544,856 thousand from the wastewater treatment segment[81] - Gross profit for the six months ended 30 June 2024 was RMB 201,184 thousand, with the wastewater treatment segment contributing RMB 182,020 thousand[81] - Loss for the period ended 30 June 2024 was RMB 923,942 thousand, with income tax expenses of RMB 43,750 thousand[81] - Depreciation and amortization for the six months ended 30 June 2024 totaled RMB 423,208 thousand, with the highest amount from the water supply project segment at RMB 208,212 thousand[81] - Segment assets as of 30 June 2024 totaled RMB 46,844,467 thousand, with the largest portion from the wastewater treatment segment at RMB 18,268,626 thousand[84] - Segment liabilities as of 30 June 2024 were RMB 43,393,012 thousand, with the highest amount from the water supply project segment at RMB 17,694,390 thousand[84] - Revenue from contracts with customers recognized over time for the six months ended 30 June 2024 was RMB 770,931 thousand, with the largest contribution from the wastewater treatment segment at RMB 428,536 thousand[81] - Finance income for the six months ended 30 June 2024 was RMB 131,694 thousand, primarily from the wastewater treatment segment at RMB 116,320 thousand[81] - Share of profit/(loss) of investments accounted for using the equity method for the six months ended 30 June 2024 was RMB 25,911 thousand, with the largest contribution from the "Others" segment at RMB 22,274 thousand[81] - Segment assets for wastewater treatment project construction and operation amounted to RMB 17,372,232,000, representing 37.6% of total segment assets[85] - Total segment liabilities reached RMB 43,709,793,000, with water supply project construction and operation contributing the highest at RMB 18,007,207,000[85] - Revenue from operating services decreased by 2.3% to RMB 936,475,000 compared to the same period in 2023[87] - Contract assets related to wastewater treatment services stood at RMB 9,659,920,000, showing a slight increase from the previous year[88] - Government grants decreased by 14.3% to RMB 20,839,000 in the first half of 2024[89] - Net other losses improved to RMB 5,352,000, compared to RMB 16,609,000 in the same period last year[90] - Impairment losses on financial assets totaled RMB 275,518,000, primarily driven by trade receivables[91] - Employee benefit expenses decreased to RMB 224,095 thousand from RMB 247,264 thousand year-over-year[93] - Depreciation of property, plant and equipment increased to RMB 175,395 thousand from RMB 91,610 thousand year-over-year[93] - Impairment of goodwill was recorded at RMB 68,475 thousand for the six months ended 30 June 2024[93] - Finance costs - net increased to RMB 616,718 thousand from RMB 491,596 thousand year-over-year[94] - Current income tax expenses rose to RMB 24,062 thousand from RMB 855 thousand year-over-year[95] - Deferred income tax expenses increased to RMB 19,688 thousand from RMB 3,041 thousand year-over-year[95] - The basic loss per share increased to RMB 0.623 from RMB 0.161 year-over-year[103] - The weighted average number of ordinary shares in issue remained constant at 1,193,213 thousand[103] - The subsidiary in Thailand is subject to a corporate income tax rate of 20%[96] - The subsidiaries in Indonesia are subject to a corporate income tax rate of 22%[98] - Diluted loss per share is the same as basic loss per share for the six months ended 30 June 2024, with no potential diluted ordinary shares outstanding[104] - No final dividend was recommended for the year ended 31 December 2023, and no interim dividend was proposed for the six months ended 30 June 2024[106] - Investments accounted for using the equity method totaled RMB 1,129,002 thousand as of 30 June 2024, including RMB 26,950 thousand in joint ventures and RMB 1,102,052 thousand in associates[108] - Share of profit from associates and joint ventures accounted for using the equity method was RMB 25,911 thousand for the six months ended 30 June 2024, with RMB 25,969 thousand from associates and a loss of RMB 58 thousand from joint ventures[109] - The closing balance of investments in joint ventures was RMB 26,950 thousand as of 30 June 2024, with a share of loss of RMB 58 thousand for the period[110] - The closing balance of investments in associates was RMB 1,102,052 thousand as of 30 June 2024, with a share of profit of RMB 25,969 thousand for the period[111] - As of 30 June 2024, the company's 1.28% equity interest in Qianjiang Biochemical, with a carrying value of RMB 63,857 thousand, remained under property preservation[113] - An open-bid auction for the property preservation of 0.93% equity interest in Qianjiang Biochemical was still in progress as of 15 August 2024[113] - Property, plant and equipment net book value decreased to RMB 4,155,807,000 as of

Financial Performance - Revenue for the six months ended June 30, 2024, was approximately RMB 1,242.5 million, a decrease of about 15.9% compared to the same period last year[1]. - Gross profit for the same period was approximately RMB 201.2 million, down approximately 32.4% year-on-year[1]. - The net loss for the period was approximately RMB 923.9 million, compared to a loss of RMB 248.8 million in the same period last year, primarily due to decreased operating income and increased provisions for expected credit losses and goodwill impairment[1]. - Loss attributable to ordinary shareholders was approximately RMB 743.1 million, with a basic loss per share of RMB 0.623[1]. - Other income decreased to RMB 26.7 million from RMB 100.6 million year-on-year[2]. - Financial asset impairment losses increased significantly to RMB 275.5 million from a reversal of RMB 21.2 million in the previous year[2]. - The company recorded a net loss of RMB 923,942,000 for the six months ended June 30, 2024[8]. - The company reported a net loss attributable to ordinary shareholders of RMB (743,144) thousand for the six months ended June 30, 2024, compared to a loss of RMB (192,289) thousand for the same period in 2023, representing an increase in loss of approximately 286%[20]. - The basic loss per share for the six months ended June 30, 2024, was RMB (0.623), compared to RMB (0.161) for the same period in 2023, indicating a significant increase in loss per share[20]. Assets and Liabilities - Total assets as of June 30, 2024, were RMB 46,241.0 million, a decrease from RMB 46,844.5 million as of December 31, 2023[4]. - Total liabilities as of June 30, 2024, were RMB 43,709.8 million, compared to RMB 43,393.0 million as of December 31, 2023[5]. - Total equity decreased to RMB 2,531.2 million from RMB 3,451.5 million as of December 31, 2023[5]. - As of June 30, 2024, the company's current liabilities exceeded its current assets by RMB 6,656,230,000[8]. - Total borrowings amounted to RMB 31,013,528,000, with cash and cash equivalents at only RMB 725,168,000 as of June 30, 2024[8]. - The total daily processing capacity of the company's water-related projects is approximately 6,117,500 tons[34]. - The annual processing capacity of the company's solid waste treatment projects is approximately 4,117,280 tons as of June 30, 2024[34]. Operational Highlights - The company operates five business segments: wastewater treatment, water supply, construction and equipment sales, solid waste treatment, and other services[12]. - Revenue from external customers for the wastewater treatment segment was RMB 544,856 thousand, while the water supply segment generated RMB 370,160 thousand, reflecting a decrease of 29.3% and an increase of 5.1% respectively compared to the previous year[13][14]. - The average utilization rate for wastewater treatment projects was approximately 80.05%, with an average treatment fee of RMB 1.48 per ton[35]. - The average utilization rate for water supply projects was approximately 64.58%, with an average supply fee of RMB 2.31 per ton[36]. - The group had 24 solid waste treatment projects with an annual processing capacity of 4,117,280 tons, of which 12 projects with a capacity of 2,288,550 tons were in commercial operation[37]. Financial Management and Strategy - The company plans to divest certain concession and construction projects and is actively seeking strategic investors to strengthen its capital structure[9]. - The board has reviewed cash flow forecasts and believes there will be sufficient working capital to meet operational and financial obligations for at least the next 12 months[10]. - The company aims to secure policy-based relief funds and expand external funding channels to alleviate financial pressure[33]. - The company is committed to enhancing its risk management and compliance systems to mitigate legal risks associated with ongoing litigation[33]. - The company plans to strengthen its talent management by optimizing the structure of its workforce and aligning human resources with corporate development goals[33]. Governance and Compliance - The company has complied with all provisions of the corporate governance code as of June 30, 2024[73]. - The audit committee, along with management and independent auditors, reviewed the accounting policies and practices adopted by the group[73]. - The interim financial statements have been reviewed by the auditors and found to comply with accounting standards[73]. - The company has adopted the standard code for securities transactions by directors and confirmed compliance by all directors and supervisors[69]. Dividends - The board of directors did not recommend any interim dividend for the six months ended June 30, 2024[1]. - The company does not recommend any final dividend for the year ended December 31, 2023, nor an interim dividend for the six months ended June 30, 2024, consistent with the previous year[22].

Audit and Compliance - The audit fees for the reporting period amounted to RMB 8,150,000 for audit services and RMB 2,643,000 for non-audit services, totaling RMB 10,793,000[3]. - The audit committee held five meetings during the reporting period to discuss the annual report, risk management, internal control systems, and auditor remuneration[15]. - The audit committee consists of three independent non-executive directors, all of whom attended 100% of the meetings[16]. - The Audit Committee reviewed the effectiveness of the internal audit system and the risk management and internal control system, concluding that they were effective and adequate during the Reporting Period[28]. - The remuneration paid to the auditor, Moore CPA Limited, is detailed in the Independent Auditor's Report within the annual report[29]. - The company secretary completed over 15 hours of relevant professional training in the financial year, complying with listing rules[12]. - The company has established a formal procedure for formulating remuneration policies for senior management, with details available in the financial statements[19]. - The Group has not encountered any material non-compliance with relevant laws and regulations during the Reporting Period, ensuring no significant impact on its operations[23]. Financial Performance - Revenue for the year was RMB 3,116,539 thousand, a decrease of 17.75% compared to RMB 3,789,322 thousand in the previous year[74]. - Gross profit decreased by 13.10% to RMB 655,113 thousand from RMB 753,848 thousand[74]. - Loss before income tax improved by 17.07%, amounting to RMB (814,669) thousand compared to RMB (982,359) thousand in the prior year[74]. - EBITDA decreased by 25.36% to RMB 878,797 thousand from RMB 1,177,457 thousand[74]. - The loss for the year was RMB (994,606) thousand, a 14.14% improvement from RMB (1,158,349) thousand in the previous year[74]. - Return on shareholders' equity was -28.82%, compared to -25.81% in the previous year, reflecting a decline of 3.01%[74]. - Loss per share improved by 35.10% to RMB (0.577) from RMB (0.889) in the prior year[74]. - The audited loss attributable to ordinary shareholders was approximately RMB 688 million, down from approximately RMB 1,060 million in the previous year[75]. - No final dividend was recommended for the year ended December 31, 2023, consistent with the previous year[75]. - The Group's net profit loss decreased by RMB163.7 million and the net profit loss attributable to the parent company decreased by RMB372.3 million compared to the previous year[79]. Operational Efficiency and Strategy - The Group aims to ensure all rigid expenditures are paid as scheduled through various measures including cost reduction and efficiency improvement[79]. - The Group will continue to strengthen its governance system and improve management capabilities to adapt to changing economic conditions[78]. - The company is committed to optimizing its organizational structure to improve operational efficiency and strengthen regional control, aiming for a more effective management system[106]. - The company plans to enhance compliance and risk management strategies to ensure sustainable development and operational stability in 2024[107]. - The company aims to deepen pollution prevention and control while promoting the green transformation of its development model[109]. - The Group focused on optimizing asset quality by integrating various resources to achieve multi-dimensional classified management of assets[135]. - The Group aims to improve operational efficiency by implementing scientific budget management and reducing operating costs while increasing operating profits[135]. - The Group has streamlined its organizational structure to enhance operational efficiency and clarify responsibilities[136]. - The Group has accelerated the divestiture of non-core businesses and inefficient assets to enrich cash flow and reduce liquidity risks[135]. Market and Business Development - The company is focusing on expanding its market presence and enhancing its product offerings through new technology and strategic partnerships[187]. - The company aims to enhance its investment development capabilities to support long-term growth and sustainability[177]. - The company is exploring potential mergers and acquisitions to strengthen its market position in the environmental sector[188][189]. - The company plans to invest CNY 500 million in new technology development for water treatment solutions in the upcoming fiscal year[167]. - Yunnan Water Investment is exploring market expansion opportunities in Southeast Asia, targeting a 25% increase in international revenue by 2025[167]. - Future guidance estimates a revenue growth of 12% for the next fiscal year, projecting total revenue of CNY 1.34 billion[167]. Human Resources and Management - The company emphasizes the importance of talent management and employee assessment to strengthen its operational capabilities[106]. - The management team is composed of professionals with diverse backgrounds in engineering, finance, and corporate management, ensuring a well-rounded approach to business operations[176][177][178]. - The leadership team is actively involved in overseeing multiple subsidiaries, ensuring alignment with the company's strategic objectives[177][178]. - As of December 31, 2023, the Group employed 5,586 employees, a decrease from 6,516 employees as of December 31, 2022. Staff costs were approximately RMB 522.5 million, down from RMB 605.0 million in the previous year[184]. - The company is committed to leveraging its human resources expertise to drive operational efficiency and strategic growth initiatives[176]. Environmental and Social Responsibility - An ESG report has been prepared, detailing the Group's contributions to sustainable development and covering major environmental and social policies[23]. - The Group is committed to maintaining high environmental and social standards, actively engaging stakeholders in community-beneficial activities[23]. - The company is committed to sustainability, aiming for a 30% reduction in operational carbon emissions by 2025[167]. Leadership Changes - Liu Jianjun resigned as general manager on March 27, 2024, indicating a potential shift in leadership strategy[82]. - Mr. Zheng Guangfeng joined the company in March 2024 and currently serves as the general manager, bringing extensive experience in human resources and administration[176].

Financial Performance - The company's revenue for the year ended December 31, 2023, was approximately RMB 3,117 million, a decrease of about 18% compared to RMB 3,789 million for the year ended December 31, 2022[20]. - The net loss for the year was approximately RMB 995 million, a reduction of about 14% from the loss of RMB 1,158 million for the previous year[20]. - The loss attributable to ordinary shareholders was approximately RMB 688 million, a decrease of about 35% compared to RMB 1,060 million for the year ended December 31, 2022[20]. - Basic loss per share was approximately RMB 0.577, a decrease of RMB 0.312 from RMB 0.889 for the previous year[20]. - The company reported a gross profit of RMB 655 million for the year, down from RMB 753 million in the previous year[22]. - The company reported a net loss of RMB 994,606,000 for the year ending December 31, 2023[30]. - The company incurred financing costs of RMB 951,239 thousand, contributing to the overall financial performance[36]. - The group reported a loss attributable to ordinary shareholders of RMB 688,068 thousand for the year ended December 31, 2023, compared to a loss of RMB 1,060,342 thousand in 2022[93]. - The group's net loss for the reporting period was approximately RMB 994.6 million, a decrease of about 14.1% from the loss of RMB 1,158.3 million for the year ended December 31, 2022[160]. Assets and Liabilities - The total equity as of December 31, 2023, was RMB 3,451 million, down from RMB 4,488 million in 2022[6]. - Total liabilities as of December 31, 2023, were RMB 43,393 million, compared to RMB 42,180 million in the previous year[6]. - Total assets as of December 31, 2023, amounted to RMB 46,844,467,000, compared to RMB 46,668,504,000 in 2022, reflecting a slight increase[24]. - Current liabilities exceeded current assets by RMB 2,907,084,000 as of December 31, 2023[30]. - The total borrowings of the company reached RMB 30,982,441,000, with current borrowings at RMB 1,797,851,000[30]. - The group's total borrowings amounted to RMB 30,982.4 million, an increase from RMB 30,132.6 million as of December 31, 2022[145]. - The group's asset-to-liability ratio increased to approximately 89.71% as of December 31, 2023, up from about 86.81% as of December 31, 2022, primarily due to losses during the reporting period[147]. Cash Flow and Financing - Cash and cash equivalents stood at RMB 899,244,000, an increase from RMB 600,642,000 in the previous year[30]. - The group’s cash and cash equivalents increased by approximately 49.7% to RMB 899.2 million from RMB 600.6 million as of December 31, 2022, primarily due to increased cash inflows from investment activities[163]. - The company plans to divest several of its franchise and construction projects and is actively seeking strategic investors to strengthen its capital structure[13]. - The company will seek additional financing sources as needed to enhance its financial position[13]. - The company believes it will continue to secure unused financing and has confidence in obtaining project loans from banks and other financial institutions as needed[32]. - The company has secured unused project loan financing of up to RMB 4,577,991,000 to cover part of the construction costs and capital expenditures due in the next 12 months[31]. - The company initiated procedures to obtain new project loans to fund existing and new concession and construction projects[31]. Revenue Segments - The company’s wastewater treatment segment generated revenue of RMB 1,668,987 thousand, representing a significant portion of total revenue[36]. - The revenue from the wastewater treatment segment decreased from approximately RMB 2,289.3 million to approximately RMB 1,669.0 million, primarily due to reduced construction revenue from ongoing projects[133]. - The revenue from the water supply business increased by approximately 11.9% from about RMB 660.2 million to approximately RMB 738.7 million, driven by increased construction and operational revenue from water supply projects[120]. - The revenue from construction and equipment sales surged by approximately 185.0%, rising from about RMB 46.2 million to approximately RMB 131.5 million, attributed to increased EPC construction and equipment sales[135]. Operational Efficiency and Management - The company has implemented multiple measures to enhance cash flow management, including asset disposal and debt collection, contributing to improved operational efficiency[82]. - The company has optimized its organizational structure to clarify responsibilities and streamline management processes, aiming for better resource integration[83]. - The company is actively enhancing its project operation management and has completed adjustments in pricing and volume for certain projects to secure operational revenue[83]. Corporate Governance and Compliance - The group is committed to maintaining high standards of corporate governance to protect shareholder interests and enhance corporate value[174]. - The group has adopted the standard code for securities transactions by directors and supervisors, ensuring compliance during the reporting period[178]. - The group is actively enhancing its understanding of the latest laws and regulations related to environmental, social, and corporate governance for sustainable development[189]. - The independent auditor's report confirmed that the consolidated financial statements accurately reflect the group's financial position as of December 31, 2023, in accordance with Hong Kong Financial Reporting Standards[197]. Employee and Operational Metrics - As of December 31, 2023, the group employed 5,586 staff, a decrease from 6,516 staff as of December 31, 2022, with employee costs amounting to RMB 522.5 million compared to RMB 605.0 million in the previous year[181]. - The average utilization rate of wastewater treatment during the reporting period was approximately 75.57%, with an average treatment fee of RMB 1.41 per ton[112]. - The average utilization rate for water supply during the reporting period was approximately 58.89%, with an average water supply charge of about RMB 2.27 per ton[127].

Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching RMB 1.2 billion in the first half of 2023[1] - Revenue for the six months ended June 30, 2023, was RMB 1,477,335, a decrease of 32.1% compared to RMB 2,180,340 in the same period of 2022[184] - Gross profit for the period was RMB 297,451, down 36.5% from RMB 469,248 in the prior year[184] - Loss for the period was RMB 248,816, an improvement of 50.5% from a loss of RMB 502,327 in the same period last year[186] - Total comprehensive expense for the period was RMB 283,155, compared to RMB 452,821 in the prior year, indicating a reduction of 37.5%[186] - The Group recorded revenue of approximately RMB1,477.3 million for the Reporting Period, representing a period-on-period decrease of approximately 32.2% compared to RMB2,180.3 million for the six months ended 30 June 2022[70] - The Group's net loss for the Reporting Period was approximately RMB248.8 million, a decrease from a net loss of approximately RMB502.3 million for the six months ended 30 June 2022[99] - Loss attributable to ordinary shareholders was approximately RMB192.3 million, compared to a loss of approximately RMB494.0 million for the same period in 2022[99] - Basic and diluted loss per share for ordinary shareholders was RMB (0.161), an improvement from RMB (0.414) in the same period last year[186] User Growth and Market Expansion - User data showed a growth of 20% in active users, totaling 5 million by the end of June 2023[2] - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by 2025[5] - New product launches contributed to a 25% increase in service subscriptions, with 300,000 new subscriptions added in Q2 2023[4] Financial Outlook - The company provided a positive outlook, projecting a revenue growth of 10-12% for the full year 2023[3] Investment and Technology Development - Investment in new technology development increased by 30%, totaling RMB 150 million in the first half of 2023[6] - The company plans to enhance its digital infrastructure, with an investment of RMB 200 million allocated for 2023[9] - A new partnership with a leading tech firm is expected to drive innovation and improve operational efficiency[10] Sustainability Initiatives - The management emphasized a focus on sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2030[8] - The company is focusing on promoting green and low-carbon development as part of the 14th Five-Year Plan[24] - Key measures include the implementation of water pollution control for major rivers and the management of urban black and odorous water[28] - The company is advancing the construction of "wasteless cities" and enhancing the management of hazardous waste[29] - The overall goal is to improve ecological environment quality and resource efficiency in line with national policies[24] Operational Efficiency and Cost Management - The Company strictly implemented its cost reduction and efficiency improvement plan, issuing multiple guidelines to support operational management[35] - The Company aims to narrow losses on loss-making projects and increase revenue on profitable projects through refined management strategies[41] - The Company will continue to accelerate the construction of key projects and strengthen investment in resources and technical support[41] - The Company is committed to improving its organizational structure and performance-based compensation system to enhance operational efficiency[40] Asset Management and Liabilities - The Company has completed the disposal of a total of five asset packages to date, as part of its asset disposal strategy[34] - The Company issued the "2023 Debt Collection Plan" and the "2023 Reward and Punishment Plan for External Debt Collection" to enhance debt recovery efforts[34] - As of June 30, 2023, total borrowings were approximately RMB 30,303.7 million, an increase from approximately RMB 30,132.6 million as of December 31, 2022[10] - The gearing ratio increased from approximately 86.81% to approximately 87.60%, an increase of approximately 0.79%[12] - Total liabilities amounted to RMB 42,475,964, an increase from RMB 42,180,188 as of December 31, 2022, reflecting a growth of 0.7%[193] Corporate Governance - The company is governed by a structured committee system, including the Nomination, Remuneration, Audit, and Compliance Committees, to ensure effective corporate governance[157] - The Audit Committee convened three meetings during the reporting period, discussing the 2022 annual results and the establishment of risk management and internal control systems[160] - The Company complied with all code provisions of the Corporate Governance Code throughout the six months ended June 30, 2023[169] - The Company has maintained a high standard of corporate governance to safeguard shareholder interests[168]

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。 雲南水務投資股份有限公司 Yunnan Water Investment Co., Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：6839） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 告 財務摘要 — 收益約為人民幣1,477.3百萬元，較去年同期減少約32.2%。 — 毛利約為人民幣297.5百萬元，較去年同期減少約36.6%。 — 期內虧損約為人民幣248.8百萬元，而去年同期虧損約為人民幣502.3百萬元；報告 期內錄得淨虧損主要由於建造服務收入減少所致。 — 本公司普通股股東應佔虧損約為人民幣192.3百萬元，每股基本虧損約為人民幣0.161 元。 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB, representing a 15% growth year-over-year[2]. - Revenue for the year ended December 31, 2022, was RMB 3,789,322,000, a decrease of 28.2% compared to RMB 5,280,743,000 in 2021[16]. - Gross profit for the same period was RMB 753,848,000, down 42.7% from RMB 1,316,564,000 in 2021[16]. - Loss before income tax was RMB 982,359,000, a slight improvement of 4.7% compared to a loss of RMB 1,030,933,000 in 2021[16]. - EBITDA for the year was RMB 1,177,457,000, reflecting a 1.6% increase from RMB 1,158,649,000 in the previous year[16]. - The loss for the year attributable to ordinary shareholders was approximately RMB 1,060 million, compared to RMB 1,002 million in 2021[17]. - Loss per share for the Reporting Period was RMB 0.889, an increase of 5.8% from RMB 0.840 in 2021[18]. - The Group recorded revenue of approximately RMB3,789.3 million for the Reporting Period, representing a decrease of approximately 28.2% compared to RMB5,280.7 million for the year ended 31 December 2021[69]. - Revenue from wastewater treatment decreased from approximately RMB3,387.3 million to approximately RMB2,289.3 million, a decline of approximately 32.5%[71]. - Revenue from water supply decreased by approximately 28.4% from RMB921.8 million to approximately RMB660.2 million[71]. - Revenue from solid waste treatment decreased by approximately 5.0% from RMB754.8 million to approximately RMB716.9 million[71]. - Revenue from construction and sales of equipment decreased significantly by approximately 66.3% from RMB137.1 million to approximately RMB46.2 million[71]. - Cost of sales for the Group was approximately RMB3,035.5 million, a decrease of approximately 23.4% compared to RMB3,964.2 million for the year ended 31 December 2021[80]. - Gross profit margin decreased to approximately 19.89%, down approximately 5.04% from 24.93% for the year ended 31 December 2021[81]. - Other income increased significantly to approximately RMB1,358.7 million, representing an increase of approximately 2,411.5% compared to RMB54.1 million for the year ended 31 December 2021[82]. - The Group recorded other net losses of approximately RMB95.3 million, a decrease of approximately RMB259.6 million compared to net gains of approximately RMB164.3 million for the year ended 31 December 2021[83]. - Administrative expenses increased by approximately 58.2% to approximately RMB1,029.3 million from RMB650.7 million for the year ended 31 December 2021[92]. - Net finance costs decreased by approximately 12.7% to approximately RMB1,332.2 million from RMB1,526.3 million for the year ended 31 December 2021[93]. - Income tax expenses increased by approximately 624.3% to approximately RMB176.0 million from RMB24.3 million for the year ended 31 December 2021[96]. Market Expansion and Strategy - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[2]. - The company is expanding its market presence in the Yunnan province, targeting a 30% increase in market share by 2025[2]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on sustainable water solutions[2]. - The company is exploring potential acquisitions to enhance its service offerings, with a budget of 300 million RMB allocated for this purpose[2]. - The company aims to improve its environmental, social, and governance (ESG) practices, with a commitment to reduce carbon emissions by 25% by 2025[2]. - The company is focusing on enhancing ecological and environmental protection as emphasized in the 20th CPC National Congress[23]. - The company aims to promote energy conservation and emission reduction in line with national policies during the "Fourteenth Five-Year Plan"[24]. - The company is exploring full industrial solutions for the new energy battery recycling industry to enhance material recycling value[38]. - The corporate strategy focuses on establishing a foundation in Yunnan while continuously identifying overseas investment opportunities for gradual expansion[196]. - The Group has successfully expanded its overseas business, mainly in Southeast Asian regions, enhancing its market presence[195]. Operational Efficiency and Management - The company strengthened its operation management system, improving the quality of its stock assets and efficiency through measures such as adjusting water prices and controlling operating costs[33]. - The management actively sought reasonable cost control to mitigate the increase in management and operating expenses[33]. - The intelligent environmental system platform was enhanced, enabling data collection and display of project operations, with conditions for national promotion established[34]. - The company developed low-temperature adiabatic pyrolysis and carbonization technology for organic solid waste, addressing the challenges of waste treatment in small cities and rural areas[34]. - The company will continue to focus on energy saving and consumption reduction while refining its operational management processes[40]. - The Company plans to prioritize the construction of projects related to its strategic development plan and core business to quickly realize business value[41]. - The Company aims to improve the standardization of adiabatic pyrolysis and carbonization technology for organic solid waste to expedite the application of related equipment[41]. - The Company will accelerate its business in new industries, such as photovoltaic power generation and recycling of used power batteries, to enhance core competitiveness[41]. Leadership and Governance - The company has a strong leadership team with diverse backgrounds in finance, engineering, and environmental management, enhancing its operational capabilities[154]. - The management team emphasizes the importance of innovation in new product development and technology advancements in the environmental sector[150]. - The company is committed to sustainable practices and environmental protection, aligning with industry trends and regulatory requirements[151]. - The independent Supervisors bring extensive legal and financial expertise to the company's governance structure[179][180]. - The Group's governance structure includes independent non-executive directors, enhancing oversight and accountability[166]. - The company emphasizes compliance with laws and regulations, ensuring adherence to the Articles of Association and resolutions of Shareholders' meetings[178]. Employee and Financial Position - As of December 31, 2022, the Group employed 6,516 employees, down from 6,998 employees as of December 31, 2021, with staff costs amounting to approximately RMB 605.0 million[120]. - The Group's cash and cash equivalents increased by approximately 40.2% to approximately RMB600.6 million from RMB428.4 million as at December 31, 2021[107]. - Trade and other payables rose from approximately RMB 8,807.8 million as of December 31, 2021, to approximately RMB 8,970.1 million as of December 31, 2022, an increase of about 1.8%[114]. - The Group's borrowings increased from approximately RMB 28,655.5 million as of December 31, 2021, to approximately RMB 30,132.6 million as of December 31, 2022[115]. - The gearing ratio increased from approximately 78.79% as of December 31, 2021, to approximately 86.81% as of December 31, 2022, primarily due to increased debt financing during the reporting period[118]. Significant Transactions - Significant investments and acquisitions were announced on November 3, December 20, and December 28, 2022[136]. - Yunnan Water (Hong Kong) agreed to sell 100% interest in Yunshui Technology Co., Ltd. for RMB 296,259,700 on November 3, 2022[139]. - Hyflux Utility sold 100% equity interest in Hyflux NewSpring Waste Water Treatment (Mingguang) Co., Ltd. for RMB 96,523,000 on December 20, 2022[139]. - The Company sold 100% equity interest in Lu'an Yeji Yunshui Water Investment Co., Ltd. for RMB 87,295,900 on December 28, 2022[139]. - On February 27, 2023, the Company agreed to sell 100% equity interest in Honghe Water Industry Investment Co., Ltd. for RMB 155,400,000[141]. - The Company also agreed to sell 100% equity interest in Shuifu Water Industry Investment Co., Ltd. for RMB 28,300,000 on February 27, 2023[141].

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。 雲南水務投資股份有限公司 Yunnan Water Investment Co., Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：6839） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 全 年 業 績 公 佈 財務摘要 — 收益約為人民幣3,789百萬元，較截至二零二一年十二月三十一日止年度減少約28% — 本年虧損約為人民幣1,158百萬元，較截至二零二一年十二月三十一日止年度虧損 增加約10% — 本公司普通股股東應佔虧損約為人民幣1,060百萬元，較截至二零二一年十二月 三十一日止年度應佔虧損增加約6% — 每股基本虧損約為人民幣0.889元，較截至二零二一年十二月三十一日止年度每股 基本虧損增加0.049元 ...