| 股票简称：瀚蓝环境 | | | 股票代码：600323 | 编号：临 | 2023-030 | | --- | --- | --- | --- | --- | --- | | 债券简称：21 | 瀚蓝 | 01 | 债券代码：185047 | | | | 债券简称：22 | 瀚蓝 | 01 | 债券代码：185654 | | | | 债券简称：22 | 瀚蓝 | 02 | 债券代码：137523 | | | 瀚蓝环境股份有限公司关联交易公告 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： 瀚蓝环境股份有限公司（以下简称"公司"）下属全资子公司佛山市南海瀚蓝 固废处理投资有限公司（以下简称"瀚蓝固废"）拟向新源（香港）环境有限公司收购 其持有的新源（中国）环境科技有限责任公司（以下简称"新源中国"）40%股权，交 易金额不超过 2 亿元人民币。交易完成后，根据新源中国的资金需求，瀚蓝固废与国投 环能电力有限公司（以下简称"国投环能"，持有新源中国 60%股权）按照持股比例等 比例向新源中国增资，瀚蓝固废增资约 ...

Financial Performance - In the first half of 2023, the company achieved operating revenue of 5.927 billion RMB, a decrease of 208 million RMB, or 3.38% year-on-year, with main business revenue at 5.783 billion RMB, down 235 million RMB, or 3.90%[25]. - The net profit attributable to shareholders of the listed company was 690 million RMB, an increase of 144 million RMB, or 26.30% year-on-year[25]. - The company's net profit for the first half of 2023 was approximately CNY 60 million, an increase of about CNY 148 million compared to the same period last year[95]. - Net profit for the first half of 2023 was CNY 188.91 million, up 34.5% from CNY 140.49 million in the first half of 2022[103]. - The company's net profit for the first half of 2023 increased by approximately 26.30% year-on-year, reaching ¥689.88 million, while operating revenue decreased by 3.38% to ¥5.93 billion[165]. Revenue Breakdown - The water supply business generated main business revenue of 441 million RMB, accounting for 7.62% of the company's main business revenue, a year-on-year decrease of 1.70%[30]. - The wastewater business achieved a revenue of 305 million yuan, accounting for 5.27% of the company's main business revenue, with a year-on-year growth of 7.17%[62]. - The energy business generated revenue of ¥1.935 billion, accounting for 33.45% of total operating revenue, a slight decrease of 0.79% year-on-year[151]. - The solid waste treatment business achieved a main operating revenue of 3.103 billion yuan, accounting for 53.65% of total revenue, a year-on-year decrease of 6.96%[181]. - The life waste incineration business generated a revenue of 1.564 billion yuan, a year-on-year increase of 12.20%, with a net profit of 436 million yuan, up 9.58%[181]. Cash Flow and Financial Management - The company reported a net cash flow from operating activities of 269 million yuan, a significant increase year-on-year, primarily due to a reduction in cash expenditures related to other non-current assets[57]. - The company reported a significant increase in cash flow from operating activities, reaching ¥269.12 million, a year-on-year increase of 1,609.43%[165]. - The company plans to improve cash flow by establishing a regular mechanism for accounts receivable recovery, thereby optimizing the balance sheet[27]. - The company plans to accelerate the collection of accounts receivable, with an expected transfer of service fee claims not exceeding ¥1 billion to its controlling shareholder[147]. Research and Development - The company's R&D expenses were approximately 32.28 million RMB, a decrease of 22.49% compared to the previous year[39]. - The company has introduced new technologies such as cloud computing and big data into its waste incineration processes, creating an AI-driven digital brain for environmental governance[52]. Operational Efficiency and Strategy - The company aims to enhance digital and information construction to improve data operation service capabilities, reduce costs, and increase efficiency[24]. - The company is focusing on building a transparent and efficient supply chain system to support sustainable high-quality development[145]. - The company aims to enhance operational efficiency and competitiveness through improved regulatory oversight and resource sharing across its business segments[138]. - The company is transitioning from high-speed growth to high-quality development in the environmental protection industry, aligning with national "dual carbon" goals[143]. Environmental Initiatives - The company has established a complete ecological environment service industry chain, covering solid waste, clean energy, and water services[17]. - The company has implemented a "no-waste city" model in its solid waste management, enhancing efficiency and reducing costs through digitalization and intelligent data systems[51]. - The company is leveraging the "waste-free city" initiative to expand its business and enhance operational management capabilities[181]. - The company is actively expanding its rural sewage treatment operations and has three expansion projects underway, expected to be operational between Q3 2023 and H1 2024[183]. Future Projects and Developments - The company is developing new projects, including the Fuzhou expansion project with a capacity of 800 tons/day, expected to recognize revenue in the first half of 2024[33]. - The company anticipates that the agricultural waste treatment project in Jiangmen will be completed in the second half of 2023, with a capacity of 30 tons/day[67]. - The company has initiated several new projects in kitchen waste processing, with capacities ranging from 100 to 300 tons per day[155]. Compliance and Risk Management - The company has established a legal compliance department and a supply chain management department to strengthen group control and support professional development[55]. - The company is facing risks related to policy changes affecting its solid waste business, particularly regarding renewable energy subsidy policies[85]. - The company is committed to fulfilling its corporate social responsibility and maintaining compliance with environmental regulations to mitigate potential risks[110].

Financial Performance - In Q1 2023, the company achieved operating revenue of 2.802 billion RMB, an increase of 0.075 billion RMB, representing a growth of 2.75% year-on-year[4]. - The net profit attributable to shareholders reached 310 million RMB, an increase of 151 million RMB, reflecting a year-on-year growth of 94.94%[4]. - The company reported Q1 2023 revenue of ¥133,673,901.79, a decrease of 3.4% compared to Q1 2022 revenue of ¥137,138,215.76[40]. - Operating costs for Q1 2023 were ¥99,936,770.38, an increase of 5.4% from ¥94,523,842.17 in Q1 2022[40]. - The company reported a net loss of CNY -10,010,493.51 for Q1 2023, compared to a net loss of CNY -1,710,671.64 in Q1 2022, indicating a worsening of performance[42]. - The net profit attributable to shareholders for Q1 2023 was CNY 310,134,498.68, showing a significant increase of 94.94% compared to the same period last year[65]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 300,685,508.62, up by 98.21% year-on-year[65]. - The company's total equity attributable to shareholders increased to CNY 11,182,825,819.93 as of March 31, 2023, from CNY 10,883,198,547.48 in Q1 2022, representing a growth of approximately 2.75%[49]. - The weighted average return on equity increased by 1.22 percentage points to 2.81%[65]. Operational Highlights - The main business revenue from waste incineration power generation projects showed a significant operational improvement, with waste incineration volume increasing by 21.50% to 296.37 thousand tons compared to the same period last year[12]. - The sludge treatment volume increased by 25.77% year-on-year, reaching 75,600 tons in Q1 2023, showcasing the company's growth in waste management capabilities[12]. - The energy business generated CNY 850 million in revenue, accounting for 31% of the company's main business revenue, with a year-on-year increase of 2.60%[71]. - The waste treatment business achieved external heating supply of 225,200 tons, a year-on-year growth of 17.41%[69]. - The solid waste treatment business achieved a main operating revenue of 1.522 billion yuan, accounting for 55.51% of the company's main operating revenue, with a year-on-year growth of 0.57%[81]. - The net profit from solid waste treatment reached 269 million yuan, an increase of 21 million yuan, representing a year-on-year growth of 8.62%[81]. - Excluding engineering and equipment business, the main operating revenue was 1.201 billion yuan, a year-on-year increase of 19.59%, with a net profit of 259 million yuan, up 32.79% year-on-year[81]. - The capacity utilization rate for household waste incineration power generation was approximately 117%, an increase of about 7 percentage points year-on-year[82]. Project Developments - As of the end of March 2023, the total order scale for waste incineration power generation projects was 35,750 tons/day, with 29,800 tons/day already in operation[14]. - The company plans to complete and recognize revenue from the Nanhai waste incineration power plant expansion project by 2026, with a capacity of 1,500 tons/day[15]. - The company has several ongoing projects, including the Langfang kitchen waste project with a daily capacity of 200 tons, expected to generate revenue in the first half of 2023[25]. - The company is also developing the Nanhai biomass resource utilization center project with a daily capacity of 400 tons, expected to generate revenue by 2026[26]. - The company has ongoing projects in agricultural waste treatment, including the Guiping agricultural resource recycling project with a daily capacity of 20 tons, expected to generate revenue in the second half of 2023[26]. - The company plans to recognize revenue from the Huian Municipal Solid Waste Transfer Station PPP project, expected in the second half of 2023, with a project scale of 750 tons per day[46]. Financial Position - Total assets increased to ¥15,571,917,081.49 in Q1 2023, up from ¥15,083,195,368.46 in Q1 2022[39]. - Total liabilities rose to ¥9,999,323,975.29 in Q1 2023, compared to ¥9,500,591,768.75 in Q1 2022[39]. - The company’s non-current assets totaled ¥12,063,867,262.53 in Q1 2023, slightly up from ¥12,040,716,147.71 in Q1 2022[39]. - The company’s cash and cash equivalents decreased to ¥3,508,049,818.96 in Q1 2023 from ¥3,042,479,220.75 in Q1 2022[38]. - The company’s long-term borrowings increased to ¥2,334,793,724.11 in Q1 2023 from ¥1,760,983,140.67 in Q1 2022[39]. - The company's total assets as of March 31, 2023, were CNY 34,177,840,060.69, compared to CNY 33,287,773,432.43 at the end of Q1 2022, showing an increase of approximately 2.68%[49]. - Current assets rose to $7.00 billion, compared to $6.43 billion, reflecting an increase of about 8.77%[100]. - Total liabilities reached $22.30 billion, compared to $21.69 billion, representing an increase of approximately 2.81%[101]. Cash Flow and Expenses - The net cash flow from operating activities for Q1 2023 was negative at CNY -353,195,161.79, compared to a positive CNY 125,192,406.49 in Q1 2022[43]. - Cash inflows from operating activities totaled CNY 857,271,781.66 in Q1 2023, up from CNY 695,778,893.84 in Q1 2022, reflecting an increase of about 23.2%[43]. - Cash flow from operating activities in Q1 2023 was negative at CNY -191.62 million, worsening from CNY -112.24 million in Q1 2022[54]. - Financial expenses decreased to CNY 28,128,592.77 in Q1 2023 from CNY 32,307,111.76 in Q1 2022, a decline of about 12.5%[42]. - Financial expenses for Q1 2023 were CNY 122.04 million, marginally lower than CNY 122.41 million in Q1 2022, showing a decrease of approximately 0.30%[51]. - Cash outflow from investment activities in Q1 2023 was CNY 532.26 million, compared to CNY 887.19 million in Q1 2022, indicating a reduction of approximately 40.00%[54]. - The company recorded a net cash flow from investment activities of CNY -520.29 million in Q1 2023, an improvement from CNY -885.88 million in Q1 2022[54]. Research and Development - Research and development expenses increased significantly to CNY 218,099.68 in Q1 2023 from CNY 34,909.72 in Q1 2022, marking a rise of approximately 524.5%[42]. - R&D expenses for Q1 2023 were approximately CNY 14.40 million, a decrease from CNY 21.47 million in Q1 2022, representing a decline of about 33.00%[51]. - Research and development expenses decreased by 32.94% to 1.440 billion yuan due to a decline in revenue scale for high-tech enterprises[85].

| 股票简称：瀚蓝环境 | | | 股票代码：600323 | 编号：临 | 2023-015 | | --- | --- | --- | --- | --- | --- | | 债券简称：21 | 瀚蓝 | 01 | 债券代码：185047 | | | | 债券简称：22 | 瀚蓝 | 01 | 债券代码：185654 | | | | 债券简称：22 | 瀚蓝 | 02 | 债券代码：137523 | | | 瀚蓝环境股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 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法律责任。 重要内容提示： 瀚蓝环境股份有限公司（以下简称"公司"）已于 2023 年 4 月 7 日披露公司 《2022 年年度报告》以及《关于 2022 年度利润分配预案的公告》（临 2023- 007），为便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况 及现金分红等情况，在上海证券交易所的支持下，公司定于 2023 年 4 月 19 日上 午 9:00-10:00 举行 2022 年 ...

Financial Performance - The company's basic earnings per share for 2022 was CNY 1.41, a decrease of 2.76% compared to CNY 1.45 in 2021[14]. - The weighted average return on net assets decreased to 11.03% in 2022 from 12.77% in 2021, a decline of 1.74 percentage points[14]. - The net profit attributable to shareholders was 1.146 billion RMB, a decrease of 1.46% year-on-year, primarily due to losses in the natural gas business amounting to approximately 65 million RMB[51]. - The company reported a total revenue of CNY 3.47 billion in the third quarter, reflecting a steady performance amidst challenging market conditions[21]. - In 2022, the company achieved operating revenue of 12.875 billion RMB, a year-on-year increase of 9.33%, with main business revenue of 12.510 billion RMB, up 9.07%[51]. - The company’s operating revenue for the reporting period reached CNY 1,287,506.32 million, representing a year-on-year increase of 9.33%[125]. - Operating costs increased to CNY 1,024,235.51 million, up 12.89% compared to the previous year[125]. - The net cash flow from operating activities decreased by 51.90% to CNY 42,247.48 million[125]. - The company reported a significant increase in short-term borrowings, amounting to approximately ¥177.61 million, indicating increased bank financing[154]. Revenue and Business Segments - The solid waste treatment business generated main business revenue of 6.880 billion RMB, accounting for 54.99% of the company's main business revenue, with a year-on-year growth of 4.74%[52]. - The life waste incineration business (excluding engineering and equipment) achieved revenue of 2.828 billion RMB, a 12% increase year-on-year, with a gross profit margin of 47.7%[52]. - The energy business achieved a revenue of 4.069 billion yuan, accounting for 32.53% of the company's total revenue, with a year-on-year growth of 21.20% primarily due to increased natural gas sales and higher average sales prices[73]. - The water supply business generated main business revenue of 961 million RMB, a decrease of 2.33% year-on-year, attributed to reduced installation revenue and water sales[68]. - The wastewater treatment business generated 600 million yuan in revenue, representing 4.79% of total revenue, with a year-on-year growth of 7.23% due to increased settlement revenue from wastewater treatment plants[75]. Operational Challenges and Improvements - The company faced a loss of approximately CNY 65 million in its energy business due to rising natural gas procurement costs, impacting overall net profit which decreased by about CNY 100 million year-on-year[14]. - The net cash flow from operating activities for the reporting period was 422 million yuan, a decrease of 51.90% year-on-year, primarily due to significant losses in the energy business and economic downturn impacts[47]. - The company is in the expansion phase for its solid waste treatment business and the maturity phase for its gas business[33]. - The energy business faced challenges with a loss of approximately 65 million RMB due to rising procurement costs, but is expected to return to profitability in 2023[51]. Strategic Initiatives and Future Plans - The company aims to enhance its core business in waste treatment while pursuing collaborative development in water and energy sectors, focusing on sustainable growth[30]. - The company is committed to the "waste-free city" initiative, which is expected to expand the market demand for solid waste treatment[30]. - The company plans to issue public REITs for wastewater and solid waste treatment assets, with an estimated scale of 1-3 billion yuan, to enhance financing channels and promote investment cycles[40]. - The company aims to resolve at least 1.5 billion yuan of outstanding accounts receivable with the support of local governments, improving cash flow and reducing financial costs[47]. - The company is actively pursuing a "no waste city" strategy, focusing on expanding its waste treatment capabilities and enhancing customer engagement[50]. Technological Advancements and Innovations - The company is enhancing digital and information technology capabilities to support efficient management and operational improvements[40]. - The company has established a technology innovation platform, with 7 subsidiaries recognized as high-tech enterprises and 2 as specialized and innovative enterprises in Guangdong Province[80]. - The company has obtained a total of 391 authorized patents and 42 software copyrights, contributing to cost reduction and operational optimization[80]. - The company has developed the first "Waste-Free City Brain" in the country, enhancing operational efficiency and regulatory oversight through digitalization in solid waste management[105]. - The company has implemented a smart kitchen waste collection system, enhancing real-time monitoring and management of kitchen waste throughout the collection and processing stages[110]. Environmental and Social Responsibility - The company has been recognized as the 7th among the top 10 environmental companies in China for 2022, reflecting its industry influence and commitment to social responsibility[46]. - The company is committed to supporting national carbon neutrality goals and enhancing collaboration between solid waste treatment and energy businesses[74]. - The company has established a carbon management committee to oversee carbon emissions and develop reduction strategies, contributing to carbon neutrality goals[41]. - The company is focusing on developing a data management system and enhancing its information service capabilities[181]. Market Expansion and Customer Engagement - The company is actively pursuing market expansion strategies, targeting new regions with a projected investment of 50 million in infrastructure development[199]. - The user base expanded to 5 million active users, marking a 20% increase compared to the previous year[199]. - New product launches are expected to contribute an additional 200 million in revenue in 2022, focusing on innovative technology solutions[199]. - A recent acquisition of a tech startup is anticipated to enhance the company's product offerings and is expected to generate an additional 100 million in revenue over the next two years[199].

Financial Performance - The company's revenue for Q3 2022 reached ¥3,474,514,168.32, representing a year-on-year increase of 35.05%[6] - Net profit attributable to shareholders for Q3 2022 was ¥318,085,681.38, a year-on-year increase of 5.47%[6] - The company's total operating revenue for the year-to-date period reached 9.61 billion CNY, a 34.89% increase compared to the same period last year[21] - The company reported a net profit decrease of 6.56% for the first nine months of 2022, primarily due to rising natural gas procurement costs[10] - Operating profit for Q3 2022 was RMB 3.91 million, significantly up from RMB 535,358.27 in Q3 2021[49] - Net profit attributable to shareholders of the parent company for Q3 2022 was RMB 867.70 million, a decrease of 6.5% compared to RMB 928.61 million in Q3 2021[49] Revenue Breakdown - The solid waste treatment business generated revenue of ¥5,244,000,000 in the first nine months of 2022, accounting for 55.80% of the company's main business revenue, with a growth rate of 43.46%[11] - The energy business achieved revenue of ¥3,004,000,000 in the first nine months of 2022, representing a year-on-year increase of 31.25%[15] - In the first three quarters of 2022, the company's water supply business generated revenue of 707 million CNY, accounting for 7.53% of total revenue, a year-on-year decrease of 1.77% due to the impact of the pandemic[18] - The drainage business achieved revenue of 443 million CNY in the first three quarters of 2022, representing a year-on-year increase of 35.40%, primarily due to increased income from sewage treatment and the operation of sewage networks[19] Cash Flow and Liquidity - The net cash flow from operating activities for the first nine months of 2022 was ¥102,631,764.83, a significant decline of 93.78% year-on-year[11] - Cash flow from operating activities for the first three quarters of 2022 was RMB 102.63 million, down 93.8% from RMB 1.65 billion in the same period of 2021[54] - The company's cash balance was CNY 1,220,620,733.95, down from CNY 1,306,970,050.80, reflecting a decrease of about 6.6%[42] - The ending cash and cash equivalents balance was ¥303,106,091.89, down from ¥831,403,664.97, indicating a decrease of about 63.6% year-over-year[67] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥32,475,317,583.93, reflecting a 10.92% increase compared to the end of the previous year[9] - The total current assets as of September 30, 2022, amounted to CNY 6,341,995,471.40, an increase from CNY 4,845,545,025.58 as of December 31, 2021, representing a growth of approximately 31%[42] - Total liabilities as of September 30, 2022, were CNY 21,190,651,018.19, compared to CNY 18,742,794,372.04, showing a rise of about 7.7%[46] - The company's total equity attributable to shareholders increased to CNY 10,599,855,317.30 from CNY 9,904,595,770.79, marking an increase of approximately 7%[46] Operational Highlights - The company has expanded its solid waste treatment projects, including new incineration projects in Zhangzhou and Ulanqab, contributing to revenue growth[11] - The company is actively pursuing a "zero waste city" strategy, enhancing its solid waste treatment capabilities and expanding its service offerings[13] - The company's solid waste treatment business processed 761.05 thousand tons of garbage incineration in the first nine months of 2022, a 14.45% increase from 664.99 thousand tons in the same period of 2021[27] - The company plans to construct a hydrogen production project in Foshan with an annual production capacity of approximately 2,200 tons of hydrogen, aiming to integrate hydrogen production, refueling, and utilization[17] Research and Development - The company's research and development expenses decreased by 34.11% to 58.14 million CNY due to the cancellation of plans to apply for high-tech enterprise status[21] - Research and development expenses for Q3 2022 were RMB 58.14 million, a decrease of 34% compared to RMB 88.23 million in Q3 2021[49] Government Support - The company received government subsidies amounting to 16.33 million CNY during the reporting period, contributing to its non-operating income[20] Future Projects - The company has ongoing projects, including a hydrogen production project with a capacity of 2,200 tons per year expected to be completed in the first half of 2023[38] - The company plans to establish an agricultural resource recycling treatment center project with a capacity of 20 tons per day, expected to be completed in the second half of 2024[38]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥6,135,052,324.36, representing a year-on-year increase of 34.81%[22]. - The net profit attributable to shareholders for the same period was ¥549,617,324.66, a decrease of 12.34% compared to the previous year[22]. - The net cash flow from operating activities was ¥15,742,979.38, showing a significant decline of 98.53% year-on-year[22]. - Basic earnings per share for the first half of 2022 were ¥0.67, down 16.25% from ¥0.80 in the same period last year[22]. - The company achieved a revenue of 6.135 billion RMB in the first half of 2022, representing a year-on-year growth of 34.81%[43]. - The net profit attributable to shareholders decreased by 12.34% to 550 million RMB, primarily due to rising natural gas procurement costs influenced by international energy prices[43]. - In Q2 2022, the company reported a revenue of 3.408 billion RMB, a year-on-year increase of 37.10%, with a net profit of 391 million RMB, up 1.48%[43]. - The main business revenue for the first half of 2022 was 6.018 billion RMB, accounting for 98.09% of total revenue, with a growth of 34.70% year-on-year[43]. - The company's operating costs increased by 48.82% to 4,819,798,602.21 yuan in the first half of 2022, compared to 3,238,589,367.58 yuan in the same period of 2021[74]. - The net profit after deducting non-recurring gains and losses for the first half of the year was approximately ¥549.76 million, a decrease of 9.69% from ¥608.76 million in the same period last year[156]. Assets and Liabilities - The total assets at the end of the reporting period were ¥31,382,582,836.90, an increase of 7.19% from the end of the previous year[22]. - The net assets attributable to shareholders increased by 3.79% to ¥10,279,739,414.99[22]. - Total liabilities increased to ¥20,425,646,398.55 from ¥18,742,794,372.04, reflecting a rise of about 8.99%[171]. - The company's total assets amounted to ¥31,382,582,836.90, compared to ¥29,278,480,367.01, showing an increase of approximately 7.17%[171]. - The total current assets increased to ¥5,808,392,522.74 from ¥4,845,545,025.58, representing a growth of approximately 19.87%[166]. - Accounts receivable rose significantly to ¥2,372,675,268.95 from ¥1,730,666,290.38, marking an increase of about 37.14%[166]. - Total liabilities rose to ¥9,367,719,418.57, up from ¥8,651,319,619.15, marking a 8.3% increase[177]. Business Segments - The solid waste treatment business achieved a revenue of 3.335 billion RMB in the first half of 2022, accounting for 55.42% of the company's total revenue, with a year-on-year growth of 38.72%[45]. - The net profit from the solid waste treatment business was 508 million RMB, representing 90.15% of the company's total net profit, and a year-on-year increase of 38.15%[45]. - The energy business generated a revenue of 1.95 billion RMB, making up 32.41% of total revenue, with a year-on-year growth of 39.57%[56]. - The company reported a net loss of approximately 90 million RMB in the energy business, a decline of about 180 million RMB compared to the previous year, primarily due to rising natural gas procurement costs[56]. - The water supply business revenue was 448 million RMB, accounting for 7.45% of total revenue, showing a year-on-year decrease of 2.12%[58]. - The drainage business revenue reached 285 million RMB, representing 4.73% of total revenue, with a year-on-year growth of 36.63%[62]. Operational Highlights - The company attributed the revenue growth primarily to new projects in solid waste treatment, including the commencement of operations at the Changde and Kaiping projects[22]. - The solid waste treatment business processed 502.25 million tons of waste in the first half of 2022, an increase of 15.60% from 434.47 million tons in the same period of 2021[71]. - The company generated 191,931.59 million kWh of electricity from waste in the first half of 2022, up 16.18% from 165,207.50 million kWh in the first half of 2021[71]. - The company's sludge treatment volume increased by 41.10% to 12.08 million tons in the first half of 2022, compared to 8.56 million tons in the same period of 2021[71]. - The company plans to build a hydrogen production project in Nanhai, with an annual production capacity of approximately 2,200 tons of hydrogen, to support new energy applications[57]. Risk Management - There were no significant risks that materially affected the company's operations during the reporting period[7]. - The company faces significant policy risks due to the impact of national renewable energy subsidy policy adjustments on its solid waste business, necessitating further observation and confirmation of policy continuity and changes[91]. - The company's financial risk is relatively low, with a stable cash flow and a debt-to-asset ratio at a historically high level, but future project financing needs may increase vulnerability to rising financing costs due to external market changes[99]. - The company emphasizes strict adherence to environmental regulations to mitigate the risk of penalties, with increased investments in environmental protection potentially impacting profitability[92]. Corporate Governance - The company did not propose any profit distribution plan for the reporting period[6]. - The company is committed to ongoing communication with suppliers, customers, and government entities to adapt to macroeconomic and industry policy changes[91]. - The company plans to strengthen its governance and strategic control capabilities to align management improvements with business expansion, reducing operational and governance risks[103]. - The company has not disclosed any new major related transactions during the reporting period[130]. - There are no significant lawsuits or arbitration matters during the reporting period[130]. Environmental Responsibility - The company has implemented a comprehensive flue gas treatment process, including SNCR, semi-dry desulfurization, and activated carbon adsorption, ensuring effective pollution control[113]. - The company has established a self-monitoring plan to track pollutant emissions and their impact on the surrounding environment, with results publicly disclosed[116]. - Green Electric Company reported total emissions of 4.55 tons of particulate matter, 78.64 tons of SO2, and 391.13 tons of NOx from its power plants[110]. - The company has received environmental impact assessment approvals for all its projects and has passed completion environmental inspections[114]. - The company has no record of administrative penalties related to environmental issues during the reporting period[117].

2022 年第一季度报告 单位：元 币种：人民币 1 / 21 证券代码：600323 证券简称：瀚蓝环境 瀚蓝环境股份有限公司 2022 年第一季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 本报告所涉及的对未来的预测和前瞻性陈述不构成公司对投资者的实质承诺，敬请投资者注意投 资风险。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 项目 本报告期 本报告期比上年同期增减变动幅度(%) | --- | --- | |-----------------------------------------------|------------------------| | | | | 营业收入 | 32.0 ...

Financial Performance - Operating revenue for 2021 reached ¥11,776,514,847.68, a year-on-year increase of 57.41% compared to ¥7,481,435,505.82 in 2020[25]. - Net profit attributable to shareholders was ¥1,163,381,533.36, reflecting a growth of 10.01% from ¥1,057,479,540.11 in 2020[25]. - Net cash flow from operating activities decreased by 55.09% to ¥878,287,327.91, primarily due to adjustments related to the implementation of Interpretation No. 14[25]. - The company's net assets attributable to shareholders increased by 31.06% to ¥9,904,595,770.79 from ¥7,557,478,083.04 in 2020[25]. - The weighted average return on equity decreased by 2.19 percentage points to 12.77% in 2021 from 14.96% in 2020[25]. - The company reported a significant decline in net profit for the energy sector, down 73%, due to rising international energy prices and a pricing policy that led to losses in the second half of the year[55]. - The net profit from the energy business decreased by 72.82% to CNY 36 million, accounting for 3.06% of the total net profit for 2021[99]. Operational Highlights - The company reported a stable financial performance with no major operational disruptions noted in the management discussion[10]. - The company has not engaged in non-operational fund occupation by controlling shareholders or related parties[10]. - The company completed carbon reduction transactions of 960,000 tons of VCU and 72,000 tons of CCER during the reporting period[40]. - The company has established a solid waste business group and an energy division to strengthen its research capabilities and drive future growth[39]. - The company has expanded its solid waste treatment projects, including the completion of the Nanhai industrial aluminum ash treatment project (30,000 tons/year) and the Nanjing large waste treatment project (30 tons/day) among others, enhancing its operational scale and resource synergy[51]. - The company processed 8.99 million tons of industrial hazardous waste in 2021, a significant increase of 120.88% from 4.07 million tons in 2020[95]. Strategic Initiatives - The company is focusing on the "No Waste City" initiative, aiming to deepen market expansion and enhance resource collaboration across its four major business segments[39]. - The company plans to expand its solid waste treatment capacity, with new projects including a waste incineration power plant in Fuzhou (800 tons/day) and a BOT project in Guiping (1,300 tons/day)[50]. - The company aims to achieve a balanced profit and loss in the energy sector in 2022 through improved gas pricing mechanisms and diversified gas supply sources[56]. - The company is actively pursuing the construction of four expansion projects for wastewater treatment plants, expected to be operational in 2022, with a total capacity of 80,000 tons/day[61]. - The company plans to gradually shift towards light asset operations in energy and water services, starting from its base in Nanhai District, Foshan[149]. Governance and Compliance - The company has established a comprehensive corporate governance structure, adhering to laws and regulations, with a focus on protecting shareholder rights[170]. - The total pre-tax remuneration for the board of directors and senior management during the reporting period amounted to CNY 1,021.39 million[174]. - The company has not engaged in any related party transactions that would affect the independence of its operations[170]. - The company has maintained a clear division of responsibilities among its shareholders, board, supervisors, and management[170]. - The company has established a performance evaluation plan for senior management for the years 2021-2023[198]. Market Outlook - The solid waste industry is expected to see significant growth driven by the "No Waste City" initiative, with plans to promote around 100 cities by 2025[134]. - The national urban waste incineration capacity is projected to reach approximately 800,000 tons per day by the end of 2025, indicating a focus on expanding waste treatment infrastructure[135]. - The company anticipates that the waste incineration market will enter a phase of consolidation and integration, enhancing operational efficiency and quality[135]. - The national emphasis on waste resource utilization in the "14th Five-Year Plan" and carbon neutrality goals is expected to drive demand for recycling and resource recovery, marking a potential growth phase for the recycling industry[142]. Future Projections - The financial target for 2022 is set at 12.2 billion yuan in operating revenue and total assets of 30.5 billion yuan[152]. - The company plans to invest approximately 4 billion yuan in major capital expenditures for 2022, with additional funding needs depending on project acquisition and progress[153]. - The company provided guidance for Q4 2023, expecting revenue to be between 1.6 billion and 1.7 billion, indicating a potential growth of 10-13%[180]. - New product launches are anticipated to contribute an additional 200 million in revenue in the next quarter[180].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥2,572,742,156.01, representing a year-on-year increase of 27.95%[7] - Net profit attributable to shareholders for Q3 2021 was ¥301,601,265.48, a decrease of 1.96% compared to the same period last year[7] - The net profit for the first nine months of 2021 was ¥928,610,156.29, showing a year-on-year growth of 20.82%[12] - Operating revenue increased by 38.40%, driven by the completion of clean energy transformations in the ceramic construction industry and the launch of multiple waste incineration projects[19] - Total operating revenue for the first three quarters of 2021 reached CNY 7,123,764,841.74, a 38.3% increase from CNY 5,147,083,458.93 in the same period of 2020[51] - Net profit for the first three quarters of 2021 was CNY 937,615,512.25, representing a 21.7% increase compared to CNY 770,201,495.77 in the previous year[51] Revenue Growth - The energy business saw a significant revenue increase of 86.33%, with natural gas sales volume up by 56.07% year-on-year[11] - The solid waste treatment business generated ¥12.52 billion in revenue, with a growth rate of 15.13% due to new project launches[11] - The company’s sales revenue from services increased by 45.34%, attributed to reduced pandemic impacts and accelerated government settlement processes[19] Cash Flow and Liquidity - The company maintained a strong cash flow, with net cash flow from operating activities for the first nine months at ¥1,651,024,122.31, a 35.35% increase year-on-year[10] - Cash inflow from operating activities for the first three quarters of 2021 reached ¥6,409,410,505.49, a 39.9% increase compared to ¥4,583,533,693.65 in the same period of 2020[56] - The company reported a net increase in cash and cash equivalents of ¥900,029,089.58, compared to ¥138,361,028.80 in the same period last year[58] Assets and Liabilities - The total assets at the end of the reporting period were ¥28,355,547,329.53, reflecting a year-on-year increase of 13.75%[10] - Total liabilities amounted to approximately ¥16.76 billion, with current liabilities at ¥7.79 billion and non-current liabilities at ¥8.97 billion[63] - The total equity attributable to shareholders reached approximately ¥7.56 billion, contributing to total equity of approximately ¥8.17 billion[65] Cost and Expenses - Operating costs rose by 43.55% due to business growth and increased revenue[19] - The company reported a financial expense of CNY 325,203,457.72, which increased from CNY 245,329,173.91 in the previous year[51] - Research and development expenses increased to CNY 88,231,400.22 in 2021 from CNY 75,656,525.50 in 2020, reflecting a growth of 16.7%[51] Production and Operations - Natural gas production increased by 60.99% to 70,813.54 million cubic meters in the first nine months of 2021 compared to 43,986.47 million cubic meters in the same period of 2020[28] - Hydrogen production surged by 128.79% to 361,918.47 kilograms in the first nine months of 2021, up from 158,190.12 kilograms in the same period of 2020[30] - The amount of waste incinerated reached 664.99 million tons, a 48.60% increase compared to the same period last year[26] Challenges and Risks - The company faced challenges in profitability due to rising energy costs and the expiration of certain tax benefits from the previous year[12] - The company reported a significant increase in credit impairment losses of 137.20%, attributed to a substantial rise in accounts receivable and contract assets[19] Future Plans - The company plans to diversify its gas supply sources and expand its industrial user base, aiming for a 61% increase in sales volume year-on-year[15]