证券代码：600333 证券简称：长春燃气 公告编号：2023-012 表决结果：同意 9 票，反对 0 票，弃权 0 票 2、审议通过《关于聘任公司董事会秘书的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票 长春燃气股份有限公司 九届三次董事会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 长春燃气股份有限公司（以下简称"公司"）九届三次董事会于 2023 年 8 月 17 日 10:00 在公司六楼会议室以现场结合通讯方式召开。会议应到董事 9 人， 实际到会 8 人，独立董事赵岩因公出差，委托独立董事张蕴奂参会代行表决权。 公司监事、财务总监列席了会议。会议由公司董事长董志宇主持。会议的召集召 开符合《公司法》和《公司章程》相关要求，所作决议合法有效。 二、董事会会议审议情况 1、审议通过《公司 2023 年半年度报告》 上述议案的详细内容请见公司在《中国证券报》、《上海证券报》及上海证券 交易所网站（http://www.sse.com.cn）披露的《长春燃气股份有限 ...

证券代码：6003 3 3 证券简称：长春燃气 公告编号：2 0 2 3-008 长春燃气股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 关于参加网上集体业绩说明会的公告 为进一步加强与投资者的互动交流，长春燃气股份有限公司（以下简称"公司"） 将参加由吉林证监局、吉林省证券业协会、深圳市全景网络有限公司共同举办的 "2023 年吉林辖区上市公司网上集体业绩说明会"，现将有关事项公告如下： 本次集体业绩说明会将通过深圳市全景网络有限公司提供的互联网平台举行， 投资者可以登陆"全景网投资者关系互动平台"（http://ir.p5w.net）参与公司业 绩说明会,时间为 2023 年 5 月 22 日（星期一）14:00 至 16:00。 届时公司董事长、代董事会秘书董志宇先生，董事、总经理佟韶光先生，独立 董事张蕴奂先生，财务总监张大海先生将通过网络在线问答互动的形式，与投资者 就 2022 年经营业绩等投资者关注的问题进行交流。期间，参会公司高管将全程在线， 实时回答投资者的提问。投资者可于 2023 年 ...

Financial Performance - In 2022, the company's operating revenue was CNY 1,896,089,675.28, representing a 5.53% increase compared to CNY 1,796,739,862.83 in 2021[22] - The net profit attributable to shareholders was a loss of CNY 98,569,642.66, a decrease of 502.45% from a profit of CNY 24,492,620.54 in 2021[22] - The net cash flow from operating activities decreased by 40.50% to CNY 143,684,870.30 from CNY 241,467,445.07 in 2021[22] - The basic earnings per share for 2022 was -CNY 0.16, a decline of 500% compared to CNY 0.04 in 2021[23] - The weighted average return on equity decreased by 5.93 percentage points to -4.77% in 2022 from 1.16% in 2021[23] - The company reported a significant loss in the second quarter of 2022, with a net profit attributable to shareholders of -CNY 92,540,416.62[26] - The company's net assets attributable to shareholders decreased by 4.58% to CNY 2,018,590,287.25 at the end of 2022 from CNY 2,115,587,356.69 at the end of 2021[22] - The company's total business revenue for 2022 was 1.896 billion yuan, representing a 5.53% increase year-on-year[29] - The company's operating cost increased by 14.82% to 1.590 billion yuan, primarily due to increased sales volume and procurement prices[58] - The company achieved a gross margin of 12.28% in gas sales, a decrease of 7.61 percentage points compared to the previous year[60] Assets and Liabilities - The total assets at the end of 2022 were CNY 6,060,953,179.57, an increase of 4.87% from CNY 5,779,509,049.44 at the end of 2021[22] - The company's total liabilities amounted to RMB 4,728,840,128.57, up from RMB 3,240,334,559.25, indicating an increase of around 46.00%[171] - The company's total equity was RMB 1,332,113,050.99, compared to RMB 1,539,174,490.19 in the previous year, reflecting a decrease of approximately 13.49%[171] - Cash and cash equivalents at the end of the reporting period were ¥276,105,440.58, an increase of 53.08% compared to the previous period[68] - Short-term borrowings increased to ¥1,237,200,000.00, up 39.44% from the previous period[68] - The total current liabilities increased to RMB 3,601,011,542.78 from RMB 2,153,323,767.00, reflecting a growth of approximately 67.43%[171] Operational Highlights - In 2022, the company added 53,000 gas supply users, bringing the total to 1.745 million users, with annual natural gas sales volume reaching 520 million cubic meters, a 3.2% increase from the previous year[29] - The company completed the renovation of 33.5 kilometers of old pipelines and 151,000 client valve pipe renovations in 2022[30] - The company maintained a 100% proactive inspection rate and achieved zero responsibility accidents throughout the year[29] - The company actively coordinated with upstream suppliers to secure low-cost natural gas procurement amid rising international energy prices due to geopolitical tensions[30] - The company is positioned to benefit from the increasing urban population and the low current urban pipeline gas usage rate of about 30% in China[31] Strategic Initiatives - The company is expanding its comprehensive energy services, integrating technologies such as distributed energy and smart grid to minimize user energy costs[47] - The company has developed its own brand "IKEA Life" to extend services from gas supply to kitchen and other lifestyle areas, aiming to release more value[47] - The company aims to achieve a natural gas sales volume of 550 million cubic meters and approximately 2 billion yuan in revenue for 2023[82] - The company plans to enhance its urban gas business while ensuring the supply for residential users, focusing on expanding commercial user sales in 2023[83] - The company intends to promote the establishment of a price linkage mechanism between upstream and downstream gas prices in response to rising international energy prices[85] Governance and Management - The company is committed to improving corporate governance and transparency, adhering to relevant laws and regulations to protect shareholder interests[94] - The company has established a strict insider information management system to prevent misuse and ensure compliance with disclosure obligations[96] - The company held its annual shareholder meetings as scheduled, ensuring fair participation and voting rights for all shareholders[95] - The company has a fully independent board structure, with a total of 10 board members, including 4 independent directors, ensuring compliance with legal requirements[94] - The management team has a diverse background with extensive experience in the gas and energy sectors, which supports the company's strategic initiatives[103] Challenges and Risks - The company faces challenges from upstream gas supply constraints and high gas prices, impacting its pricing mechanisms[48] - The company is exposed to price risks due to significant increases in international natural gas prices, which have affected domestic pricing and made timely adjustments challenging[90] - The company faces regional market development risks, particularly in Jilin Province, which saw a -16.5% growth in local public budget revenue in 2022, the lowest in the country[89] - Safety production risks remain a priority, with the company enhancing safety measures and monitoring systems to prevent gas leaks and related accidents[91] Community and Social Responsibility - The company invested a total of 3.3812 million yuan in public welfare projects, including heating for a village and donations for pandemic prevention[132] - The company contributed 3.1962 million yuan to poverty alleviation and rural revitalization efforts, benefiting 86 individuals[132] - The company has established a talent incubation base and was recognized as a talent training base in Jilin Province[123] Future Outlook - The company plans to continue investing in new technologies and product development to drive future growth[101] - The company aims to maximize shareholder and employee value while ensuring customer satisfaction through its mission of providing safe and reliable energy[79] - The company is committed to aligning its executive compensation with industry standards and performance metrics[109]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 657,409,237.42, representing a decrease of 1.38% compared to the same period last year[6]. - The net profit attributable to shareholders was a loss of CNY 54,582,126.23, with a basic and diluted earnings per share of -0.09 yuan[6][7]. - The company reported a total comprehensive loss of CNY 56,526,229.42 for Q1 2023, compared to a total comprehensive loss of CNY 12,648,776.95 in Q1 2022, reflecting a significant deterioration in overall financial performance[19]. - The company reported a net profit decline, with undistributed profits at CNY 186,147,943.16, down from CNY 240,678,019.39 year-over-year[17]. - Operating profit for Q1 2023 was CNY -70,487,192.22, significantly worse than the operating profit of CNY -9,342,639.80 in the same period last year[19]. - Net profit for Q1 2023 was CNY -45,049,551.35, down from CNY 18,349,003.31 in Q1 2022, reflecting a negative performance shift[29]. - The weighted average return on equity was -2.74%, a decrease of 2.19 percentage points year-on-year[7]. Cash Flow - The net cash flow from operating activities was -CNY 97,484,412.11, indicating a significant decline in cash generation[6]. - Cash flow from operating activities showed a net outflow of CNY 97,484,412.11 in Q1 2023, compared to a net outflow of CNY 76,942,829.13 in Q1 2022, indicating a worsening cash flow situation[21]. - Cash inflow from operating activities totaled $532.90 million, slightly up from $524.15 million year-over-year[32]. - Cash outflow from operating activities increased to $604.58 million from $566.73 million, reflecting higher operational costs[32]. - The net cash flow from investing activities was CNY -21,163,150.79 in Q1 2023, an improvement from CNY -28,922,249.69 in Q1 2022, suggesting better management of investment cash flows[22]. - Cash flow from investing activities was -$11.81 million, an improvement from -$25.13 million in the previous year, suggesting reduced capital expenditures[32]. - The net increase in cash and cash equivalents was $73.84 million, contrasting with a decrease of $12.61 million in the previous year[32]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 6,165,348,348.76, an increase of 1.72% from the end of the previous year[7]. - Total assets increased to CNY 6,165,348,348.76, compared to CNY 6,060,953,179.57 in the previous year, marking a growth of 1.73%[17]. - The company's total liabilities reached CNY 4,162,317,171.78, up from CNY 4,001,259,461.56, reflecting a 4.02% increase[16]. - Current liabilities rose to CNY 3,747,143,346.65, an increase of 4.05% from CNY 3,601,011,542.78 in Q1 2022[16]. - Total liabilities rose to CNY 3,866,994,335.85 in Q1 2023, up from CNY 3,719,191,276.02 in Q1 2022, marking an increase of 4.0%[26]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,825[10]. - The largest shareholder, Changchun Changgang Gas Co., Ltd., held 58.75% of the shares, totaling 357,810,876 shares[11]. Operational Efficiency - The company raised CNY 677,000,000.00 through borrowings in Q1 2023, a significant increase from CNY 184,310,000.00 in Q1 2022, indicating a strong reliance on debt financing[22]. - The company reported a credit impairment loss of CNY -40,881,737.56 in Q1 2023, compared to CNY -2,995,550.80 in Q1 2022, indicating increased credit risk[29]. - The overall financial performance indicates a need for strategic adjustments to improve cash flow management and operational efficiency[32]. Government Support - The company received government subsidies amounting to CNY 8,556,280.75 during the reporting period[8]. Research and Development - The company’s research and development expenses were reported at CNY 4,200.00, indicating ongoing investment in innovation[17].

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 905.08 million, representing a 6.37% increase compared to CNY 850.91 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was a loss of CNY 104.21 million, compared to a loss of CNY 62.50 million in the same period last year[20]. - The basic earnings per share for the first half of 2022 was -CNY 0.17, down from -CNY 0.10 in the same period last year[18]. - The weighted average return on net assets decreased to -5.05% from -2.98% in the same period last year, a decline of 2.07 percentage points[18]. - The net cash flow from operating activities was -CNY 95.14 million, a significant decrease of 508.68% compared to CNY 23.28 million in the same period last year[20]. - The company's gross profit margin declined significantly due to rising upstream procurement prices and delayed adjustments in terminal sales prices[28]. - The company's total equity decreased to CNY 2,048,024,629.30 from CNY 2,066,902,685.52, a decline of 0.9%[65]. - The total comprehensive income for the first half of 2022 was a loss of CNY 105,681,952.46, compared to a gain of CNY 63,067,016.74 in the first half of 2021[68]. Cash Flow and Liquidity - The company's cash and cash equivalents increased by 63.44% to ¥294,782,653.57, primarily due to increased bank loans during the reporting period[32]. - The company reported a significant increase in financing cash flow, reaching CNY 253.83 million, up 574.53% year-on-year[31]. - The ending balance of cash and cash equivalents was 293,210,488.86 RMB, up from 171,840,976.68 RMB at the end of the first half of 2021, marking an increase of approximately 70.7%[73]. - The net cash flow from financing activities increased to 253,825,089.19 RMB, compared to 37,630,170.21 RMB in the first half of 2021, showing a substantial improvement[73]. - The total cash inflow from operating activities was 947,080,504.32 RMB, compared to 917,559,503.46 RMB in the first half of 2021, reflecting a year-over-year increase of approximately 3.5%[72]. Assets and Liabilities - The company's total assets increased by 2.98% to CNY 5.95 billion from CNY 5.78 billion at the end of the previous year[20]. - Total liabilities increased to CNY 3,896,040,467.49 from CNY 3,623,030,723.77, which is an increase of about 8%[60]. - The total current assets increased to ¥1,023,451,977.58 from ¥832,241,430.38, representing a growth of approximately 23%[59]. - The company's accounts payable decreased by 100% to ¥0.00, as the company reduced the use of notes payable for settlements[32]. - The total balance of other receivables at the end of the period is CNY 24,874,181.61, an increase from CNY 20,179,793.68 at the beginning of the period, representing a growth of approximately 23.4%[179]. Business Operations - The company operates in urban pipeline gas, municipal engineering, vehicle gas, and clean energy development, focusing on comprehensive utilization of natural gas[22][23]. - The company aims to enhance its clean energy business by providing customized solutions for industrial and commercial clients, including district heating and distributed energy projects[24]. - The company has established a total of 10 vehicle gas refueling stations and one compression mother station to support its vehicle gas business[23]. - The company is focusing on expanding its business by leveraging existing customer and industry chain resources, aiming for innovative business models[26]. - The company is positioned to benefit from the government's push for clean energy and the transition from coal to gas heating, providing new market opportunities[26]. Research and Development - Research and development expenses decreased by 93.82% to CNY 117,761.42, primarily due to a reduction in R&D projects during the reporting period[31]. - The company reported a research and development expense of CNY 117,761.42, a significant decrease from CNY 1,906,881.94 in the previous year[67]. Shareholder Information - The total number of ordinary shareholders reached 49,663 by the end of the reporting period[52]. - The company approved the 2021 annual report and financial settlement report during the shareholders' meeting held on June 20, 2022[38]. - The company reported a profit distribution of ¥30,451,534.20, indicating a significant allocation to shareholders[83]. Risk Management and Compliance - The company has implemented proactive safety management measures, resulting in improved safety risk control capabilities[27]. - No significant litigation or arbitration matters were reported during the reporting period[44]. - The company did not face any significant risks or non-operational fund occupation by major shareholders[44]. Accounting Policies - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and performance[96]. - The company has reported no significant changes in accounting policies or estimates during the reporting period[162]. - The company uses the expected credit loss model for impairment accounting on financial assets measured at amortized cost and those classified as fair value through other comprehensive income[117]. Inventory and Receivables - The total inventory balance at the end of the period is CNY 462,344,377.70, which includes raw materials valued at CNY 70,343,882.21 and engineering costs at CNY 388,620,586.39[186]. - The provision for bad debts reflects a cautious approach to credit risk management, with a focus on high-risk accounts[168]. - The provision for bad debts decreased to CNY 14,239,941.87 from CNY 15,884,454.28, indicating a reduction of about 10.3%[179].

Financial Performance - The company's operating revenue for 2021 was CNY 1,796,739,862.83, representing a 15.00% increase compared to CNY 1,562,396,998.04 in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 24,492,620.54, a significant increase of 49.08% from CNY 16,429,102.12 in 2020[21]. - The net cash flow from operating activities reached CNY 241,467,445.07, marking a 400.54% increase compared to CNY 48,241,703.24 in 2020[21]. - The total assets of the company at the end of 2021 were CNY 5,779,509,049.44, which is a 3.19% increase from CNY 5,600,904,266.48 at the end of 2020[21]. - The basic earnings per share for 2021 was CNY 0.04, up 33.33% from CNY 0.03 in 2020[22]. - The weighted average return on equity increased to 1.16% in 2021, up by 0.38 percentage points from 0.78% in 2020[22]. - The company reported a net profit of CNY 112,101,777.68 in the fourth quarter of 2021, contrasting with losses in the previous three quarters[25]. - Non-recurring gains and losses totaled CNY 43,792,900.50 in 2021, down from CNY 75,892,800.84 in 2020[25]. - The company achieved a business revenue of 1.797 billion yuan in 2021, a 15% increase compared to the previous year, with profit indicators exceeding initial annual targets[27]. - The company reported a total revenue of approximately CNY 3.18 billion, with a net profit of CNY 69.4 million, reflecting a year-on-year increase of 52.8 million[57]. Operational Highlights - In 2021, the company added 56,000 gas supply users, bringing the total to 1.692 million users, with a maximum daily natural gas supply of 3.3 million cubic meters and an annual sales volume of 504 million cubic meters, representing an 18% increase year-over-year[27]. - The company's natural gas supply reached 504 million cubic meters in 2021, an increase of 18% year-on-year[36]. - The company received government financial support totaling 7.7 million yuan in interest subsidies, 7.34 million yuan in social insurance refunds, and 1.635 million yuan for gas facility renovation, significantly reducing renovation costs[28]. - The company is expanding its business into integrated energy solutions, providing customized heating and energy solutions for commercial enterprises, and developing a comprehensive energy utilization model[32]. - The company operates 1 compressed natural gas (CNG) mother station and 10 CNG refueling stations, focusing on green transportation and market-driven LNG wholesale and retail operations[33]. - The company is actively seeking to diversify its gas supply sources to mitigate rising costs and ensure stable supply amid challenging procurement conditions[27]. Safety and Risk Management - The company has improved its safety management, achieving zero responsibility accidents in 2021 and receiving recognition as an advanced unit in safety production in the gas industry[27]. - The company has not identified any significant risks that could materially affect its operations during the reporting period[7]. - The company is addressing safety management by implementing a comprehensive safety management system and conducting risk assessments on its pipelines and equipment[59]. - The company faces risks related to unstable gas supply and pricing, with natural gas prices expected to remain high in 2022[60]. - The company has increased safety investments due to stricter gas safety regulations, which may add pressure to future operations[60]. Corporate Governance - The company has implemented measures to ensure compliance with corporate governance standards, enhancing transparency and investor relations[63]. - The board of directors consists of 11 members, including 4 independent directors, ensuring compliance with legal requirements[64]. - The company has established strict internal controls to prevent insider trading and ensure confidentiality of sensitive information[66]. - The company has committed to timely and accurate information disclosure, adhering to regulations set by the Shanghai Stock Exchange[66]. - The company has a diverse management team with backgrounds in finance, energy, and public service, contributing to its operational effectiveness[71]. Community and Environmental Initiatives - The company established a leadership group for rural revitalization, ensuring continuous support and funding for poverty alleviation and rural development initiatives[102]. - The company is committed to enhancing employment and entrepreneurship support for impoverished populations, facilitating skills training and job placements[104]. - The company is focused on environmental improvements in rural areas, implementing comprehensive actions to enhance living conditions and hygiene awareness among villagers[104]. - The company has successfully lifted all identified impoverished households out of poverty by the end of 2017, with no cases of returning to poverty reported as of the end of 2021[105]. - The company aims to leverage its role in industrial integration to achieve the goals of strong agriculture, beautiful rural areas, and prosperous farmers[108]. Financial Position and Investments - The total liabilities rose to ¥3,623,030,723.77 in 2021, compared to ¥3,440,536,222.97 in 2020, indicating an increase of about 5.3%[142]. - Long-term borrowings increased significantly to ¥1,087,000,000.00 in 2021 from ¥309,000,000.00 in 2020, marking a rise of about 251.5%[142]. - The company's equity attributable to shareholders decreased slightly to ¥2,115,587,356.69 in 2021 from ¥2,124,216,832.31 in 2020, a decline of around 0.4%[143]. - The company reported a total of CNY 2,020,000.00 in owner contributions during the year[161]. - The company’s total liabilities and equity at the end of the year were CNY 2,124,216,832.31, indicating a solid financial position[168]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,637, an increase from 53,875 at the end of the previous month[120]. - The largest shareholder, Changchun Changgang Gas Co., Ltd., held 357,810,876 shares, representing 58.75% of the total shares[121]. - The company reported no changes in its share capital structure during the reporting period[118]. - The company has not engaged in any asset management or entrusted loan activities during the reporting period[119]. - The company has not implemented any share buyback programs during the reporting period[125].

Financial Performance - The company's operating revenue for Q1 2022 was ¥666,586,826.41, representing a year-on-year increase of 15.79%[6] - The net profit attributable to shareholders was a loss of ¥11,672,399.28, with a basic earnings per share of -¥0.02[6] - Total operating revenue for Q1 2022 was CNY 666,586,826.41, an increase of 15.8% compared to CNY 575,698,341.40 in Q1 2021[16] - Net loss for Q1 2022 was CNY 12,648,776.95, an improvement from a net loss of CNY 21,092,674.04 in Q1 2021[17] - Operating profit for Q1 2022 was CNY -9,342,639.80, compared to CNY -16,446,862.82 in Q1 2021, indicating a reduction in losses[17] - The basic earnings per share for Q1 2022 was CNY -0.02, compared to CNY -0.03 in Q1 2021[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,826,477,284.90, an increase of 0.81% compared to the end of the previous year[7] - The total assets as of Q1 2022 amounted to CNY 5,826,477,284.90, compared to CNY 5,779,509,049.44 in the previous year[15] - Total liabilities for Q1 2022 were CNY 3,680,394,831.99, an increase from CNY 3,623,030,723.77 in Q1 2021[14] - The total equity attributable to shareholders was CNY 2,106,159,555.06, slightly down from CNY 2,115,587,356.69 in Q1 2021[15] Cash Flow - Cash flow from operating activities showed a net outflow of ¥76,942,829.13, a decrease of ¥46,535,900 compared to the previous year[8] - The net cash flow from operating activities was -CNY 76,942,829.13, worsening from -CNY 30,406,886.25 in the same period last year[20] - Total cash outflow from operating activities was CNY 666,413,283.21, up 20.3% from CNY 554,056,744.79 in Q1 2021[20] - Cash inflow from financing activities was CNY 184,310,000.00, significantly higher than CNY 89,950,000.00 in Q1 2021[21] - The net cash flow from financing activities improved to CNY 55,104,348.60 from -CNY 5,315,079.16 in the previous year[21] - The ending cash and cash equivalents balance was CNY 128,031,075.51, compared to CNY 115,492,686.21 at the end of Q1 2021, reflecting a year-over-year increase of 10.5%[21] Operational Metrics - Accounts receivable increased by 47.99%, primarily due to an increase in uncollected natural gas sales[8] - Prepayments rose by 88.10%, mainly due to increased prepayments for natural gas purchases[8] - Operating costs increased by 16.65%, attributed to higher natural gas sales volume[8] - The company reported a credit impairment loss of CNY -6,364,579.25 in Q1 2022, worsening from CNY -4,010,627.19 in Q1 2021[16] - In Q1 2022, the cash received from sales of goods and services was CNY 575,335,879.20, an increase of 10.8% compared to CNY 519,088,502.77 in Q1 2021[20] - The company received government subsidies amounting to ¥3,894,076.58 during the reporting period[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,875[10] - The company's cash and cash equivalents increased to CNY 889,879,338.62 in Q1 2022 from CNY 832,241,430.38 in Q1 2021[14] - Payments to employees decreased to CNY 74,852,856.49 from CNY 82,242,325.81 in Q1 2021, indicating a reduction of 8.4%[20] - The company received CNY 5,220,139.00 in tax refunds, a significant increase from CNY 59,995.84 in the previous year[20]

Financial Performance - The company's operating revenue for Q3 2021 was ¥275,460,531.39, a decrease of 5.24% compared to the same period last year[6]. - The net profit attributable to shareholders was -¥25,105,180.76, representing a significant decline of 332.07% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was -¥29,026,673.03, with no applicable year-on-year comparison[6]. - The net profit for Q3 2021 was -88,994,532.85 RMB, a slight improvement from -90,765,792.37 RMB in Q3 2020, indicating a year-over-year decrease of approximately 1.95%[17]. - Operating profit for Q3 2021 was -85,053,374.89 RMB, compared to -92,156,112.47 RMB in the same period last year, reflecting a year-over-year improvement of about 7.5%[17]. - The company's net profit for the first three quarters was not explicitly stated, but the retained earnings decreased to CNY 226,610,541.42 from CNY 344,671,232.76, a decline of 34.3%[16]. Revenue and Costs - Total revenue for the first three quarters of 2021 reached CNY 1,126,372,536.50, an increase of 18.8% compared to CNY 948,221,322.43 in the same period of 2020[16]. - Total operating costs for the first three quarters of 2021 were CNY 1,220,255,231.39, up from CNY 1,079,285,792.16 in 2020, reflecting a year-over-year increase of 13.1%[16]. - Total revenue from sales of goods and services for the first nine months of 2021 reached 1,249,332,809.33 RMB, up from 955,476,769.53 RMB in the first nine months of 2020, representing an increase of approximately 30.7%[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,763,082,882.63, reflecting a 2.90% increase from the end of the previous year[7]. - The total assets of the company amounted to CNY 5,763,082,882.63, compared to CNY 5,600,904,266.48 in the previous year, indicating a growth of 2.9%[16]. - The total liabilities increased to CNY 3,713,972,741.20 from CNY 3,440,536,222.97, marking an increase of 7.9%[15]. - The total equity attributable to shareholders decreased to CNY 2,012,236,796.03 from CNY 2,124,216,832.31, a decline of 5.3%[16]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥51,887,320.73, a substantial improvement compared to -¥139,563.20 in the same period last year[9]. - Cash flow from operating activities for the first nine months of 2021 was 51,887,320.73 RMB, a significant recovery from -139,563,203.57 RMB in the same period of 2020[18]. - The company reported a net cash outflow from investing activities of -116,803,143.04 RMB for the first nine months of 2021, compared to -79,189,727.72 RMB in the same period last year[19]. - Cash and cash equivalents at the end of Q3 2021 totaled 154,135,277.81 RMB, down from 282,553,341.07 RMB at the end of Q3 2020, indicating a decrease of approximately 45.5%[19]. - The company raised 1,763,310,000.00 RMB through financing activities in the first nine months of 2021, compared to 2,653,110,000.00 RMB in the same period of 2020, reflecting a decrease of about 33.5%[19]. Shareholder Information - The company reported a total of 53,352 ordinary shareholders at the end of the reporting period[11]. - The largest shareholder, Changchun Changgang Gas Co., Ltd., holds 58.75% of the shares[11]. Research and Development - Research and development expenses rose to CNY 3,366,119.63, compared to CNY 1,952,225.01 in the previous year, reflecting an increase of 72.4%[16]. - The company did not report any new product developments or strategic expansions during this quarter[13]. Earnings Per Share - The basic and diluted earnings per share for the current period were both -¥0.04, a decrease of 300% year-on-year[7]. - Basic and diluted earnings per share for Q3 2021 were both -0.14 RMB, slightly better than -0.15 RMB in Q3 2020[17].

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥850.91 million, representing a 29.41% increase compared to ¥657.52 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2021 was approximately -¥62.50 million, an improvement of ¥38.67 million compared to -¥101.17 million in the same period last year[17]. - The basic earnings per share for the first half of 2021 was -¥0.10, compared to -¥0.17 in the same period last year[17]. - The weighted average return on net assets increased to -2.98% from -4.92% year-on-year, showing an improvement of 1.94 percentage points[17]. - The net cash flow from operating activities for the first half of 2021 was approximately ¥23.28 million, a significant recovery from -¥101.80 million in the same period last year[17]. - The total assets at the end of the reporting period were approximately ¥5.69 billion, an increase of 1.67% from ¥5.60 billion at the end of the previous year[17]. - The company's net assets attributable to shareholders decreased by 4.21% to approximately ¥2.03 billion from ¥2.12 billion at the end of the previous year[17]. Sales and Market Growth - The company reported a significant increase in gas sales volume compared to the previous year, which was a key driver for revenue growth[17]. - The gas sales volume reached 239 million cubic meters, showing a growth of 24% compared to the previous year[31]. - The number of existing users reached 1.657 million, including nearly 20,000 industrial and commercial users[31]. - The company is expanding its clean energy business, focusing on customized heating solutions and distributed energy projects[24]. - The company is positioned to benefit from the government's push for clean energy and the "coal-to-gas" initiative, particularly in the northern regions[28]. Research and Development - The company’s R&D expenses increased by 76.25% to RMB 1.91 million, reflecting a focus on innovation[33]. - The company's research and development expenses increased due to the addition of new R&D projects[34]. Financial Management - The company’s sales costs rose by 33.87% to RMB 673.52 million, influenced by higher upstream procurement costs[33]. - The increase in sales cost is primarily due to the rise in gas sales volume compared to the same period last year[34]. - The net cash flow from operating activities increased due to higher cash received from sales and a decrease in cash paid for other operating activities[34]. - Long-term borrowings increased by 61.17% to ¥498 million, up from ¥309 million in the previous year[37]. - Prepayments increased by 70.54% to ¥110 million, primarily due to prepayment for natural gas procurement[37]. - The company's undistributed profits decreased by 26.97% to ¥252 million, down from ¥345 million in the previous year[37]. - The company experienced a 170.21% increase in payable dividends, rising to ¥48 million from ¥18 million in the previous year[37]. Corporate Governance - There were changes in the board of directors, with two directors resigning and two new directors elected[43]. - The company did not disclose any stock incentive plans or employee stock ownership plans during this reporting period[44]. Shareholder Information - The total number of ordinary shareholders reached 80,676 by the end of the reporting period[54]. - The largest shareholder, Changchun Changgang Gas Co., Ltd., holds 357,810,876 shares, accounting for 58.75% of the total shares[54]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, indicating the company has a history of profitable operations and sufficient financial resources for at least the next 12 months[98]. - The company adheres to the accounting standards, ensuring that the financial statements accurately reflect its financial position and operating results[99]. - The company includes all controlled subsidiaries in its consolidated financial statements, ensuring consistency in accounting policies and periods[104]. Asset Management - The company's total assets at the end of the reporting period amounted to CNY 2,072,476,075.76, showing a slight increase from the previous period[84]. - The total liabilities at the end of the reporting period were CNY 1,033,298,797.37, reflecting a slight increase compared to the previous period[84]. - The company’s total bad debt provision for the first stage was CNY 1,165,252.37, while the second and third stages were CNY 11,036,083.07 and CNY 4,598,813.35, respectively[182]. Risk Management - There were no significant risks that materially affected the company's production and operations during the reporting period[4]. - The company has established a proactive safety management model, enhancing its risk control capabilities and safety assurance[29].

Financial Performance - The company's operating revenue for 2020 was CNY 1,562,396,998.04, a decrease of 9.86% compared to CNY 1,733,320,223.81 in 2019[20] - The net profit attributable to shareholders for 2020 was CNY 16,429,102.12, representing a significant increase of 71.44% from CNY 9,582,825.13 in 2019[20] - The net cash flow from operating activities decreased by 60.63% to CNY 48,241,703.24 from CNY 122,540,926.67 in the previous year[20] - The total assets at the end of 2020 were CNY 5,600,904,266.48, a slight increase of 0.58% from CNY 5,568,636,491.04 in 2019[20] - The basic earnings per share for 2020 was CNY 0.03, up 50% from CNY 0.02 in 2019[21] - The weighted average return on net assets increased to 0.78% in 2020, up by 0.32 percentage points from 0.46% in 2019[21] - The company reported a record daily gas consumption, supported by a comprehensive gas supply network, ensuring peak demand is met effectively[31] - The company achieved a net profit of CNY 16.43 million in 2020, representing a year-on-year increase of 71.44%[37] - The company's natural gas supply volume was 425 million cubic meters, a decrease of 3.99% compared to the previous year[37] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.50 per 10 shares, totaling approximately CNY 30,451,534.20[5] - The company reported a cash dividend of RMB 0.50 per share for 2020, with a payout ratio of 185.35% of net profit attributable to shareholders[65] Operational Highlights - The company operates in urban pipeline gas, municipal engineering, vehicle gas, clean energy development, and extended services, with a focus on enhancing clean energy supply and safety[27][28] - The company has established 8 urban gas subsidiaries and 1 national development zone, aiming to optimize the clean energy structure and ensure safety in gas supply[28] - The vehicle gas business includes 1 compression mother station and 10 gas refueling stations, with a focus on CNG/LNG wholesale and retail, indicating a fully market-oriented approach[28] - The clean energy business aims to provide efficient and smart energy solutions, including customized heating and energy supply for commercial enterprises, indicating a strategic focus on sustainability[29] - The company is actively exploring opportunities in distributed energy projects and advanced fuel cell technologies as part of its future growth strategy[56] Government Support and Market Opportunities - The government’s policies promoting clean energy and the "coal-to-gas" initiative are expected to provide significant growth opportunities for the company in the clean energy sector[32] - The company received government financial support totaling CNY 40.943 million, including subsidies and price support[36] - The natural gas market is expected to grow significantly, supported by government policies aimed at making natural gas a key component of China's clean energy system[56] Risk Management and Safety - The company did not report any significant risks that could materially affect its operations during the reporting period[7] - The company has implemented proactive safety management measures, resulting in a decrease in risk pipeline ratios and enhanced safety management capabilities[33] - The company faces risks related to seasonal gas supply and price instability, which may impact its operations[62] Financial Management and Cost Control - Sales expenses decreased by 49.28% to CNY 165.92 million, while management expenses fell by 6.73% to CNY 127.16 million[39][46] - Research and development expenses increased by 12.83% to CNY 3.22 million, with 25 R&D personnel accounting for 0.95% of the total workforce[47] - The company capitalized on low-interest loans from the National Development Bank, which helped reduce financial costs by 9.67%[36][46] - The gross profit margin for gas sales decreased by 12.72 percentage points to 16.54%[41] Shareholder Structure and Governance - The total number of ordinary shareholders increased from 65,753 to 80,676, representing a growth of approximately 22.7%[93] - The largest shareholder, Changchun Changgang Gas Co., Ltd., holds 357,810,876 shares, accounting for 58.75% of the total shares[95] - The board of directors consists of 11 members, including 4 independent directors, ensuring compliance with legal and regulatory requirements[122] - The company has a diverse board with members having extensive experience in the gas industry and related sectors[110] Social Responsibility and Community Engagement - The company successfully completed its poverty alleviation tasks, helping 32 households and 84 individuals to achieve poverty alleviation without any new or returning poverty cases[78] - The company invested a total of 54.47 million RMB in poverty alleviation efforts, including 49.67 million RMB specifically for industrial development projects[83] - The company donated 110,000 RMB in materials and funds to support pandemic relief efforts[84] - The company implemented measures to ensure gas supply continuity during the pandemic, including online service facilitation and maintaining service for customers with overdue payments[85] Changes in Accounting and Financial Reporting - The company implemented the new revenue recognition standard starting January 1, 2020, which replaced the previous standards and introduced a five-step method for revenue recognition[68] - The impact of the new revenue standard on the consolidated balance sheet as of January 1, 2020, included a reduction of prepayments by CNY 548,723,235.74 and an increase in contract liabilities by CNY 515,503,248.79[70] - The company reported a deferred income adjustment of CNY 19,819,834.12, resulting in a new deferred income balance of CNY 278,015,472.02[70] Employee Management and Development - The company has established a dynamic, performance-oriented compensation system linked to employee performance and job roles[116] - The training program for employees includes five modules, focusing on professional skills and adapting to online and offline training methods due to the pandemic[117][118] - The company has received authorization for vocational skill level recognition, enhancing employee skill development and career advancement[117] Future Outlook and Strategic Goals - The company aims to achieve stable growth in natural gas sales volume in 2021, focusing on increasing new user numbers and promoting household gas appliances[59] - The company plans to leverage its pipeline advantages to develop comprehensive energy businesses and extend its service offerings[58] - The company will actively expand its market share by promoting natural gas as a cleaner energy alternative, particularly in large boiler and LPG conversion projects[60]