Financial Performance - The company's operating revenue for Q1 2023 was approximately ¥14.99 billion, a decrease of 14.23% compared to ¥17.48 billion in the same period last year[5] - Net profit attributable to shareholders was approximately ¥207.45 million, representing an increase of 32.80% from ¥156.21 million year-on-year[5] - The net profit after deducting non-recurring gains and losses was approximately ¥205.87 million, up 52.64% from ¥134.87 million in the previous year[5] - Basic and diluted earnings per share were both ¥0.0372, reflecting a growth of 32.86% compared to ¥0.0280 in the same period last year[7] - The total comprehensive income for Q1 2023 was approximately CNY 209.22 million, up from CNY 157.94 million in Q1 2022, reflecting a growth of 32.5%[37] Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥103.71 billion, a decrease of 3.22% from ¥107.06 billion at the end of the previous year[7] - The company's total assets decreased to CNY 103,713,747,692.11 from CNY 107,159,031,602.17, a decline of 3.93%[27] - Total liabilities decreased to CNY 77,967,078,947.60 from CNY 81,631,028,509.88, a reduction of 4.06%[27] - The total equity attributable to shareholders was approximately ¥25.46 billion, slightly increasing to ¥25.46 billion after adjustments[48] Cash Flow - The net cash flow from operating activities was approximately -¥9.28 billion, compared to -¥10.37 billion in the same period last year[5] - Cash inflows from operating activities for Q1 2023 totaled approximately CNY 14.22 billion, down from CNY 15.58 billion in Q1 2022, a decrease of 8.7%[41] - Cash outflows from operating activities for Q1 2023 were approximately CNY 23.50 billion, compared to CNY 25.95 billion in Q1 2022, a reduction of 9.3%[41] - The total cash and cash equivalents at the end of the period amounted to approximately ¥21.50 billion, down from ¥29.42 billion at the beginning of the period[43] Contracts and Market Performance - The company achieved a new contract amount of 20.636 billion RMB in the reporting period, a year-on-year increase of 0.52%[21] - The domestic market new contracts amounted to 14.570 billion RMB, a year-on-year decrease of 16.46%, accounting for 70.60% of the total new contracts[21] - The overseas market new contracts reached 6.066 billion RMB, a year-on-year increase of 96.16%, accounting for 29.40% of the total new contracts[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 95,443, with the largest shareholder being China National Petroleum Corporation holding 54.29% of the shares[13] - The company reported a total of 3.030 billion shares held by China National Petroleum Corporation, making it the largest shareholder[20] Research and Development - Research and development expenses for Q1 2023 were CNY 147,337,309.51, slightly up from CNY 140,734,104.58 in Q1 2022, indicating a focus on innovation[35] Other Financial Metrics - The weighted average return on equity increased by 0.18 percentage points to 0.81% from 0.63% year-on-year[7] - The company received government subsidies amounting to approximately ¥6.67 million, which are closely related to its normal business operations[9] - The company engaged in related party transactions with China National Petroleum Corporation, with sales amounting to approximately 522.759 million RMB[22]

二、 公司全体董事出席董事会会议。 以2022年12月31日的总股本5,583,147,471股为基础，向全体股东每10股派0.39元(含税)现 金股息，共派发现金红利217,742,751.37元，剩余未分配利润结转下年。公司2022年度不进行资 本公积金转增股本，也不进行送股。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 九、 是否存在半数以上董事无法保证公司所披露年度报告的真实性、准确性和完整性 □适用 √不适用 | --- | --- | |--------|--------------------------------------------------------------------------------------------------------------------------------------| | | | | 第一节 | 释义 . | | 第二节 | 公司简介和主要财务指标 | | 第三节 | 管理层讨论与分析 | | 第四节 | 公司治理 | | 第五节 | 环境与社会责任 | | 第六节 | 重要事项 | | 第七节 | 股份变动及股东情况……………… ...

证券代码： 600339 证券简称：中油工程 中国石油集团工程股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|-------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | √ 业绩说明会 | | | □ 新闻发布会 □ 现场参观 | □ 路演活动 | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 投资者网上提问 | | | ...

Financial Performance - The company's operating revenue for Q3 2022 was RMB 17,233,037,714, a decrease of 11.76% compared to the same period last year[2] - The net profit attributable to shareholders was RMB 242,320,676.12, down 27.13% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 232,126,849.09, a decrease of 29.48% compared to the previous year[2] - The basic earnings per share for Q3 2022 was RMB 0.0434, reflecting a decline of 27.18% year-on-year[3] - Total operating revenue for Q3 2022 reached ¥57.44 billion, an increase of 10.5% compared to ¥52.24 billion in Q3 2021[17] - Net profit for Q3 2022 was ¥885.82 million, compared to ¥820.74 million in Q3 2021, representing a year-over-year increase of 7.9%[18] - Total comprehensive income amounted to ¥885,719,958.02, an increase from ¥820,609,158.43 in the previous year, representing a growth of approximately 7.3%[20] - Basic and diluted earnings per share increased to ¥0.1577 from ¥0.1456, reflecting a rise of about 14.6%[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 103,907,626,382.25, a decrease of 0.60% from the end of the previous year[3] - The total assets as of Q3 2022 amounted to ¥103.91 billion, slightly down from ¥104.54 billion in the previous quarter[16] - Total liabilities decreased to ¥78.27 billion in Q3 2022 from ¥79.65 billion in the previous quarter, a reduction of 1.7%[15] - The equity attributable to shareholders increased to ¥25.56 billion in Q3 2022, compared to ¥24.81 billion in Q3 2021, reflecting a growth of 3.0%[16] Cash Flow - The net cash flow from operating activities showed a net outflow of RMB 11,123,547,416.34, with cash received from sales decreasing by RMB 20.13 billion year-on-year[6] - Cash flow from operating activities showed a net outflow of ¥11,123,547,416.34, worsening from a net outflow of ¥4,789,874,053.82 in the same period last year[22] - Cash inflow from operating activities totaled ¥58,683,331,820.06, down from ¥60,082,751,947.12, indicating a decrease of approximately 2.3%[22] - Cash outflow from operating activities increased to ¥69,806,879,236.40 from ¥64,872,626,000.94, marking an increase of about 7.5%[22] - Net cash flow from investing activities was ¥9,249,758,536.81, significantly up from ¥3,842,811,186.16, showing an increase of approximately 141.5%[23] - Cash and cash equivalents at the end of the period stood at ¥20,710,114,883.20, compared to ¥18,458,098,059.15 in the previous year, reflecting an increase of about 12.2%[23] - The company received ¥236,644,892.28 in tax refunds, up from ¥110,257,660.08, representing an increase of approximately 114.3%[22] - The company reported a significant increase in cash received from other operating activities, totaling ¥3,919,016,309.89, compared to ¥3,431,393,019.21, an increase of about 14.2%[22] - The company’s cash flow from financing activities showed a net inflow of ¥1,303,781,662.32, a turnaround from a net outflow of ¥934,695,954.90 in the previous year[23] Shareholder Information - The company reported a total of 66,194 common shareholders at the end of the reporting period[7] - The largest shareholder, China National Petroleum Corporation, holds 54.29% of the shares, totaling 3,030,966,809 shares[7] Contracts and Projects - In the first three quarters of 2022, the company signed new contracts worth RMB 69.019 billion, representing a year-on-year growth of 6.11%[10] - The new contracts included RMB 58.204 billion from domestic projects and RMB 10.815 billion from overseas projects[10] - The new contracts for oil and gas field surface engineering amounted to RMB 15.375 billion, accounting for 22.28% of the total[10] - The company has signed contracts worth RMB 1.0 billion that are pending execution[10] Inventory and Receivables - The company's accounts receivable as of September 30, 2022, was RMB 14.460 billion, an increase from RMB 9.197 billion at the end of 2021[12] - The total current assets as of September 30, 2022, was RMB 95.613 billion, slightly up from RMB 95.552 billion at the end of 2021[13] - The company has a total of RMB 13.622 billion in inventory as of September 30, 2022, compared to RMB 9.168 billion at the end of 2021[13] Research and Development - Research and development expenses for the period were RMB 636 million, an increase of RMB 241 million compared to the previous year[3] - Research and development expenses increased significantly to ¥635.99 million in Q3 2022, up from ¥395.49 million in Q3 2021, marking a rise of 60.6%[17] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] - The company expects to engage in related transactions with China National Petroleum Corporation, with an estimated amount of RMB 4.5 billion for sales of goods and services[11]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥40.21 billion, representing a year-on-year increase of 22.94%[13] - The net profit attributable to shareholders of the listed company was approximately ¥638.26 million, an increase of 32.80% compared to the same period last year[13] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥621.79 million, reflecting a growth of 37.30% year-on-year[13] - Basic earnings per share increased by 32.75% to CNY 0.1143 compared to the same period last year[14] - Diluted earnings per share also rose by 32.75% to CNY 0.1143 year-on-year[14] - The company achieved a new contract amount of 8.914 billion yuan, with contracts exceeding 500 million yuan signed in four countries[22] - New contract value signed during the reporting period reached 49.734 billion yuan, an increase of 7.27% year-on-year, with domestic contracts amounting to 40.819 billion yuan and overseas contracts at 8.915 billion yuan[24] Cash Flow and Financial Position - The net cash flow from operating activities was negative at approximately -¥10.50 billion, compared to -¥6.51 billion in the previous year[13] - Operating cash flow showed a net outflow of CNY 10.505 billion, an increase of CNY 3.997 billion year-on-year[15] - Cash received from sales of goods and services was CNY 36.165 billion, an increase of CNY 0.922 billion compared to the same period last year[15] - Cash paid for goods and services was CNY 37.584 billion, an increase of CNY 4.098 billion year-on-year, mainly due to increased project construction intensity[15] - The net cash flow from investment activities significantly increased by 97.34% to ¥9.32 billion, compared to ¥4.72 billion last year[26] - The company reported a net foreign exchange gain of ¥279 million, a substantial improvement from a net loss of ¥37 million in the previous year[27] - The company's cash and cash equivalents at the end of the period amounted to ¥21,553,016,784.70, an increase from ¥21,016,057,775.62 at the beginning of the period, reflecting a growth of approximately 2.55%[79] Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥103.07 billion, showing a decrease of 1.40% compared to the previous year[13] - The net assets attributable to shareholders at the end of the reporting period were approximately ¥25.32 billion, an increase of 2.02% from the end of the previous year[13] - Accounts receivable increased by 40.60% to ¥12.93 billion, up from ¥9.20 billion year-on-year, indicating accelerated project settlement[28] - Inventory rose by 36.94% to ¥12.56 billion, compared to ¥9.17 billion in the previous year, driven by increased contract performance costs[28] - Total liabilities decreased to ¥75,541,322,558.05 from ¥77,422,755,899.06, reflecting a reduction of approximately 2.4%[80] Market and Industry Trends - The international oil prices have significantly increased, leading to a recovery in oil and gas engineering investments, although not yet back to pre-pandemic levels[19] - China's economic stabilization policies are expected to boost domestic oil and gas and renewable energy engineering investments, with a focus on major energy projects and CCUS initiatives[19] - The global energy transition is accelerating, with major oil companies shifting towards green and low-carbon development plans, enhancing investment confidence in the energy sector[19] - The new materials industry is experiencing robust growth, with a compound annual growth rate exceeding 20%, driven by demand from sectors like 5G and aerospace[19] - The environmental engineering market in China is projected to exceed 2 trillion yuan in 2022, with expectations to reach around 3% of GDP by 2025, indicating significant growth opportunities[19] Risk Management - The company did not report any significant risks that could materially affect its operations during the reporting period[2] - The company faces market risks due to macroeconomic conditions, energy price fluctuations, and intense competition, which may impact project opportunities[36] - The company is implementing measures to manage tax risks associated with engineering contracting and ensure compliance with tax regulations[36] - The company is addressing foreign exchange risks by optimizing contract settlement terms and using financial derivatives to control currency losses[36] - The company has implemented a comprehensive risk control system, achieving zero COVID-19 cases in domestic workplaces and zero infections among overseas Chinese employees[24] Research and Development - Research and development expenses totaled 527 million yuan, with an R&D intensity of 1.21%[24] - The company successfully developed a "pipeline digital twin platform" with independent intellectual property rights, filling a domestic gap in technology[24] - The company has 343 ongoing R&D projects, all progressing as planned, focusing on key areas such as oil and gas field surface technology and new energy[24] - The company aims to increase R&D investment intensity to 1.4% for the year, focusing on new energy and new materials[39] Corporate Governance and Compliance - The report was not audited, and the management has ensured the accuracy and completeness of the financial report[2] - The company has implemented a governance system to enhance compliance and improve operational efficiency, focusing on risk prevention and management[39] - The company has confirmed that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months[123] - The company has committed to maintaining the independence of its operations, assets, personnel, and finances from the controlling shareholder[53] Social Responsibility and Environmental Initiatives - The company is committed to social responsibility, focusing on sustainable development and supporting local economic growth[39] - The company has launched China's first zero-carbon desert highway project, demonstrating its commitment to ecological protection[47] - The company has engaged in targeted poverty alleviation and rural revitalization efforts, providing support through various forms of assistance[48] - The company has implemented a hazardous waste management plan to ensure comprehensive control over waste generation, collection, storage, transportation, transfer, utilization, and disposal[44]

证券代码：600339 证券简称：中油工程 公告编号：临 2022-028 中国石油集团工程股份有限公司 关于参加 2022 年新疆辖区投资者 网上集体接待日暨上市公司业绩说明会活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资计 划、股权激励、可持续发展等投资者所关心的问题，公司定于 2022 年 6 月 24 日参 加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2022 年新疆辖区 上市公司投资者网上集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网络 远程的方式举行，投资者可以登录全景网"投资者关系互动平台"网站 （http://ir.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012），参 与公司本次投资者集体接待日活动，活动时间为 2022 年 6 月 24 日下午（星期五）。 出席本次集体接待日的人员有：公司董事长白雪峰先生、副总经理兼董事会秘 书于 ...

Financial Performance - The company achieved operating revenue of RMB 17.48 billion, representing a year-on-year increase of 30.58%[3] - Net profit attributable to shareholders was RMB 156.21 million, up 17.52% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was RMB 134.87 million, reflecting a 23.90% increase year-on-year[3] - Basic and diluted earnings per share were both RMB 0.028, an increase of 17.65% year-on-year[3] - Total operating revenue for Q1 2022 was approximately ¥17.48 billion, a 30.5% increase from ¥13.38 billion in Q1 2021[13] - Net profit for Q1 2022 was approximately ¥157.94 million, compared to ¥134.56 million in Q1 2021, representing a 17.4% increase[14] - Earnings per share for Q1 2022 were ¥0.0280, an increase from ¥0.0238 in Q1 2021[14] - The company achieved a profit before tax of approximately ¥248.03 million in Q1 2022, compared to ¥207.56 million in Q1 2021, marking a 19.5% increase[14] Cash Flow and Assets - The company reported a net cash flow from operating activities of RMB -10.37 billion, which is not applicable for year-on-year comparison[3] - In Q1 2022, the cash inflow from sales and services was approximately ¥14.55 billion, a decrease of 8.3% compared to ¥15.87 billion in Q1 2021[16] - The net cash flow from operating activities was negative at approximately -¥10.37 billion, worsening from -¥5.43 billion in the same period last year[16] - Total cash outflow from operating activities amounted to approximately ¥25.95 billion, an increase of 16.1% from ¥22.26 billion in Q1 2021[16] - The net cash flow from investing activities was approximately ¥9.31 billion, up from ¥6.44 billion in Q1 2021, indicating a significant increase of 44.5%[17] - The ending balance of cash and cash equivalents was approximately ¥21.18 billion, an increase from ¥19.92 billion at the end of Q1 2021[17] Research and Development - The company incurred research and development expenses of RMB 1.41 billion, an increase of RMB 640 million year-on-year[3] - Research and development expenses for Q1 2022 were approximately ¥140.73 million, a significant increase of 83.4% from ¥76.42 million in Q1 2021[13] Assets and Liabilities - Total assets at the end of the reporting period were RMB 103.25 billion, a decrease of 1.23% from the end of the previous year[3] - The company's total assets as of March 31, 2022, were 103.25 billion RMB, a decrease from 104.54 billion RMB at the end of 2021[11] - Current assets totaled 94.53 billion RMB, slightly down from 95.55 billion RMB at the end of 2021[10] - The company reported a total liability of 73.53 billion RMB, with accounts payable at 33.81 billion RMB, showing an increase from 33.55 billion RMB[11] - Total liabilities decreased to approximately ¥78.21 billion in Q1 2022 from ¥79.65 billion in Q1 2021, a reduction of 1.8%[12] - Total equity increased to approximately ¥25.05 billion in Q1 2022 from ¥24.89 billion in Q1 2021, reflecting a growth of 0.7%[12] Contracts and Projects - In Q1 2022, the company signed new contracts worth 20.53 billion RMB, with domestic contracts accounting for 17.44 billion RMB (85%) and international contracts 3.09 billion RMB (15%)[8] - The new contracts included 6.18 billion RMB (30.1%) for oil and gas field surface engineering, 5.28 billion RMB (25.7%) for pipeline and storage engineering, and 4.62 billion RMB (22.5%) for refining and chemical engineering[8] Other Financial Metrics - The weighted average return on equity was 0.63%, an increase of 0.09 percentage points compared to the previous year[3] - The company reported a foreign exchange loss of RMB 166 million, primarily due to fluctuations in the exchange rates of the US dollar and ruble[3] - The company emphasized the importance of safety production and pandemic prevention while accelerating the pace of key project construction[3] - The company paid approximately ¥3.10 billion in employee compensation, which is an increase of 8.8% from ¥2.85 billion in Q1 2021[16] - The total cash outflow for taxes was approximately ¥618.64 million, up from ¥555.71 million in the same period last year, representing an increase of 11.3%[16]

Financial Performance - The company's operating revenue for 2021 was ¥79.83 billion, an increase of 12.92% compared to ¥70.70 billion in 2020[13]. - The net profit attributable to shareholders was ¥459.38 million, a decrease of 46.27% from ¥855.02 million in 2020[13]. - The net cash flow from operating activities was ¥3.86 billion, a significant improvement from a negative cash flow of ¥452.41 million in 2020[13]. - Basic earnings per share decreased to ¥0.0823, down 46.24% from ¥0.1531 in 2020[14]. - The weighted average return on equity was 1.86%, a decrease of 1.69 percentage points from 3.55% in 2020[14]. - The company reported a total asset value of ¥104.54 billion, a decrease of 1.67% from ¥106.31 billion in 2020[13]. - The company's main business cost was 73.81 billion yuan, up 13.99% year-on-year, resulting in a main business gross profit of 5.39 billion yuan, a 1.44% increase[32]. - The main business gross margin was 6.81%, a decrease of 0.78 percentage points compared to the previous year[32]. - The company achieved operating revenue of 79.83 billion yuan, a year-on-year increase of 12.92%[29]. - The net profit attributable to shareholders was 459 million yuan, a decline of 46.27% year-on-year[29]. Research and Development - Research and development expenses for the fourth quarter amounted to ¥579 million, representing 59.42% of the total annual R&D expenses of ¥975 million[16]. - R&D expenses increased by 3.79 billion RMB, reflecting the company's commitment to innovation and technology development[21]. - The company achieved a research and development intensity of 2.10%, with a total of 334 authorized patents, including 74 invention patents[22]. - Research and development expenses increased significantly to ¥974,661,975.04, a rise of 63.73% from ¥595,170,702.75 in the previous year[161]. - The company is focusing on technology research and development in geothermal, hydrogen energy, CCUS, and high-performance synthetic resins[25]. Governance and Compliance - The company reported a standard unqualified audit opinion from Lixin Certified Public Accountants[2]. - The company has maintained a consistent governance structure with all board members present at meetings[3]. - The company held 2 shareholder meetings, 5 board meetings, and 5 supervisory board meetings during the reporting period, ensuring compliance with relevant regulations[76]. - The company has established a clear governance structure that protects the rights of shareholders and maintains transparency in operations[76]. - The company has revised its governance and internal control systems, including the Articles of Association and information disclosure management measures, to enhance governance structure[76]. Market Position and Strategy - The company aims to enhance its market competitiveness and governance capabilities while ensuring energy security and promoting green development[69]. - The company is focusing on expanding its low-carbon business and developing new energy sectors, aligning with China's carbon neutrality goals[69]. - The company is actively exploring innovative business models in the new energy sector, focusing on integrated construction and operation projects[25]. - The company is committed to providing comprehensive services and digital solutions to enhance customer value and support sustainable development[69]. - The company is committed to digital transformation and expanding into new energy and materials sectors[29]. Risks and Challenges - The company has detailed potential risks in its management discussion and analysis section, urging investors to pay attention[3]. - The company emphasizes the importance of risk management and has identified market risks related to macroeconomic conditions and energy price fluctuations[72]. - The company has identified major project management risks, including budget overruns and quality issues, and plans to enhance risk prevention awareness and improve project management processes[73]. - The company is addressing foreign exchange risks by optimizing contract settlement terms and reducing foreign currency holdings to control exposure[74]. Shareholder and Financial Structure - The company distributed a cash dividend of 0.25 CNY per 10 shares, totaling 139,578,686.78 CNY based on a total share capital of 5,583,147,471 shares as of December 31, 2021[2]. - The company’s five largest customers accounted for 58.50% of total sales, indicating a stable customer base[39]. - The company’s five largest suppliers accounted for 12.64% of total procurement, reflecting a diversified supplier network[39]. - The largest shareholder, China National Petroleum Corporation, holds 3,030,966,809 shares, representing 54.29% of the total shares[142]. - The company has no significant changes in its share capital structure during the reporting period[139]. Environmental and Social Responsibility - The company emphasizes the importance of ecological and environmental protection, implementing strict management and control measures for pollution prevention[112]. - The company is actively implementing measures to reduce carbon emissions, focusing on clean energy technologies and low-carbon service capabilities[113]. - The company has established a low-carbon technology innovation system, emphasizing research and application in hydrogen production, geothermal, solar, and wind energy projects[113]. - The company is committed to achieving its "dual carbon" goals through independent research and collaboration in key energy-saving and emission reduction areas[113]. Future Outlook - The company plans to sign new contracts worth 95 billion yuan and achieve an operating revenue of 80 billion yuan in 2022[70]. - The overall performance guidance for the upcoming year remains optimistic, with expectations for increased revenue and user engagement[173]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[173].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 19.53 billion, representing a year-on-year increase of 17.73%[2] - The net profit attributable to shareholders for Q3 2021 was CNY 332.55 million, a decrease of 4.92% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 329.14 million, an increase of 2.86% year-on-year[2] - The company achieved a cumulative operating revenue of CNY 52.24 billion for the first three quarters, up 16.24% year-on-year[3] - The gross profit for the first three quarters was CNY 3.63 billion, an increase of CNY 312 million compared to the previous year[3] - Total operating revenue for Q3 2021 reached ¥52.24 billion, an increase of 16.3% compared to ¥44.94 billion in the same period of 2020[15] - Net profit for Q3 2021 was ¥820.74 million, representing a 30% increase from ¥631.36 million in Q3 2020[16] - Earnings per share for Q3 2021 were ¥0.1456, compared to ¥0.1121 in Q3 2020, marking a 30% increase[17] - The company reported a total comprehensive income of ¥820.61 million for Q3 2021, compared to ¥631.48 million in Q3 2020, reflecting a growth of 30%[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 106.57 billion, a slight increase of 0.24% from the end of the previous year[3] - As of September 30, 2021, the company had a total of RMB 97.550 billion in current assets, a slight decrease from RMB 98.110 billion at the end of 2020[13] - The company's total assets amounted to RMB 106.572 billion, compared to RMB 106.311 billion at the end of 2020[13] - The company reported a total of RMB 5.578 billion in accounts payable and RMB 33.739 billion in accounts receivable as of September 30, 2021[13] - The company's total liabilities amounted to ¥81.35 billion, slightly down from ¥81.63 billion in the previous quarter[14] - Current liabilities reached ¥79,893,354,926.89, down by ¥108,026,578.03 compared to the previous period[24] - Total liabilities were ¥81,629,679,435.68, showing a decrease of ¥994,078,998.93 from the last reporting period[24] - Shareholders' equity totaled ¥24,681,546,649.69, remaining unchanged from the previous period[24] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -4.74 billion, indicating a significant cash outflow[2] - Operating cash inflow for the first three quarters of 2021 reached CNY 60.13 billion, a 25.3% increase from CNY 48.03 billion in the same period of 2020[19] - Net cash flow from operating activities was negative CNY 4.74 billion, an improvement from negative CNY 7.19 billion year-on-year[19] - Cash outflow from investing activities totaled CNY 585.98 million, compared to CNY 258.09 million in the previous year, resulting in a net cash flow from investing activities of negative CNY 497.59 million[19] - Cash inflow from financing activities was CNY 1.5 billion, slightly down from CNY 1.53 billion in the previous year[21] - Net cash flow from financing activities was negative CNY 934.70 million, worsening from negative CNY 244.73 million year-on-year[21] - The total cash and cash equivalents at the end of the period stood at CNY 23.34 billion, compared to CNY 23.16 billion at the end of the same period last year[21] - The company received CNY 70.68 million from investment recoveries, up from CNY 34.83 million in the previous year[19] - Cash paid to employees increased to CNY 8.52 billion, compared to CNY 7.69 billion in the previous year, reflecting a 10.9% rise[19] - The company reported a total operating cash outflow of CNY 64.87 billion, an increase of 17.5% from CNY 55.22 billion in the previous year[19] Contracts and Market Expansion - The company signed new overseas contracts worth CNY 109.12% more than the previous year, indicating strong market expansion efforts[3] - The company signed new contracts worth RMB 65.043 billion in the first three quarters, with domestic contracts accounting for RMB 49.514 billion (76.1%) and overseas contracts RMB 15.529 billion (23.9%) [9] - The new contracts include RMB 12.613 billion (19.39%) from oil and gas field surface engineering, RMB 17.580 billion (27.03%) from pipeline and storage engineering, RMB 24.156 billion (37.14%) from refining and chemical engineering, and RMB 10.694 billion (16.44%) from environmental engineering and project management [9] Research and Development - Research and development expenses for Q3 2021 were ¥395.49 million, significantly higher than ¥231.13 million in Q3 2020, indicating a 71% increase[15] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥32,704,384,392.28, representing a 15.37% increase compared to ¥28,347,499,987.98 in the same period last year[13]. - The net profit attributable to shareholders of the listed company was ¥480,610,276.37, a significant increase of 74.21% from ¥275,875,902.92 in the previous year[13]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥452,863,613.65, up 80.58% from ¥250,784,567.57 year-on-year[13]. - The net cash flow from operating activities was -¥6,477,526,766.82, an improvement from -¥8,152,438,024.16 in the same period last year[13]. - The basic earnings per share (EPS) was 0.0861 RMB, representing a year-on-year increase of 74.29%[15]. - The comprehensive income tax rate decreased by 19.55 percentage points to 28.55% due to tax planning measures[15]. - The total comprehensive income for the period reached approximately CNY 484.41 million, compared to CNY 280.03 million in the same period last year, representing an increase of 73%[88]. Assets and Liabilities - Total assets at the end of the reporting period were ¥105,564,677,530.89, showing a decrease of 0.70% from ¥106,311,226,085.37 at the end of the previous year[13]. - The net assets attributable to shareholders at the end of the reporting period were ¥24,836,074,224.34, a slight increase of 0.88% from ¥24,620,247,074.53 at the end of the previous year[13]. - Total liabilities were reported at ¥80,663,432,695.99, down from ¥81,629,679,435.68 at the end of 2020[82]. - The total amount of guarantees provided by the company, including those to subsidiaries, is RMB 26,920,710,324.33, which accounts for 108.11% of the company's net assets[70]. Research and Development - The company increased its R&D expenses by 123 million RMB year-on-year, focusing on strategic technology reserves[15]. - Research and development expenses rose significantly by 99.10% to CNY 246,726,456.31 from CNY 123,918,703.03, reflecting increased investment in technology development[25]. Market and Business Strategy - The company is actively exploring new business models such as "F+EPC" and BOT to adapt to market demand changes[18]. - The company aims to enhance its capabilities in low-carbon technologies and services, including CCUS, to align with national green development goals[18]. - The company is focused on expanding its project management services and enhancing its international competitiveness in engineering project management[18]. - The company signed new contracts worth 46.362 billion yuan in the first half of the year, with domestic contracts accounting for 37.914 billion yuan and overseas contracts 8.448 billion yuan[24]. - The external market share reached 61.28%, indicating a significant optimization in market structure[24]. Risk Management - The company has not reported any significant risks that could materially affect its operations during the reporting period[2]. - The company has established a risk warning mechanism and emergency response system to address major risks, ensuring timely and proper handling of emergencies[37]. - The company emphasizes tax risk management as a critical part of project risk management, ensuring compliance with tax laws and regulations[37]. - The company is increasing its focus on foreign exchange risk management due to the expansion of overseas business, optimizing contract settlement terms[37]. Environmental and Social Responsibility - The company has committed to green development and low-carbon strategies, integrating ecological protection into its overall business strategy[48]. - The company has implemented measures to reduce carbon emissions, including strict supervision of construction projects to prevent pollution[49]. - The company completed targeted poverty alleviation efforts, with a total consumption poverty alleviation amount of 1.552 million yuan in the first half of the year[51]. - The company has actively participated in community support initiatives, including providing educational resources and support to local communities[51]. Corporate Governance - The company has undergone significant changes in its board and management, with multiple resignations and new appointments[44]. - The company has maintained a long-term commitment to various promises related to acquisitions and asset restructuring, ensuring compliance with regulations[52]. - The company reported a commitment from its second-largest shareholder, Xinjiang Petroleum Administration, to hold its shares long-term since January 2010[53]. Financial Instruments and Accounting Policies - The company follows the accounting standards issued by the Ministry of Finance, ensuring that financial statements reflect the true financial condition and operating results[122]. - The company assesses credit risk of financial instruments at the balance sheet date to determine if it has significantly increased since initial recognition, measuring loss provisions accordingly[143]. - The company recognizes revenue when the company fulfills performance obligations in contracts, indicating control transfer of goods or services to customers[191]. Shareholder Information - The largest shareholder, China National Petroleum Corporation, holds 3,030,966,809 shares, representing 54.29% of total shares[75]. - The total number of ordinary shareholders as of the end of the reporting period is 71,224[74]. - The total number of shares held by the top ten shareholders is significant, with the largest three shareholders holding over 75% of the total shares[75].