Financial Performance - The company's operating revenue for the first half of 2023 reached CNY 3,872,350,441.73, representing a year-on-year increase of 0.76% compared to CNY 3,738,592,201.46 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was CNY 584,818,137.54, an increase of 8.95% from CNY 513,959,551.88 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was CNY 545,760,633.67, which is a 20.24% increase from CNY 455,529,011.61 in the same period last year[26]. - The net cash flow from operating activities was CNY 818,232,582.26, up 4.72% from CNY 805,742,105.71 in the previous year[26]. - The total assets of the company at the end of the reporting period were CNY 22,682,596,706.38, reflecting an increase of 8.21% from CNY 20,899,441,823.98 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company increased to CNY 7,237,244,273.45, a rise of 1.17% from CNY 7,107,996,382.44 at the end of the previous year[26]. - The basic earnings per share for the first half of 2023 was CNY 0.54, an increase of 3.85% compared to CNY 0.50 in the same period last year[29]. - The diluted earnings per share was CNY 0.45, which is a 4.65% increase from CNY 0.41 in the previous year[29]. - The weighted average return on net assets was 7.95%, an increase of 0.12 percentage points from 7.56% in the previous year[29]. Debt and Liabilities - The total balance of bonds payable increased from 1,574,669,741.13 RMB to 1,581,505,103.26 RMB, indicating a rise in debt obligations[41]. - The company’s lease liabilities decreased slightly from 118,135,886.85 RMB at the beginning of the period to 115,348,953.42 RMB at the end of the period[44]. - Short-term borrowings increased by 97.80% to CNY 2,205,446,980.52 from CNY 1,114,976,624.11[77]. - Other payables increased by 35.49% to CNY 1,544,151,976.00 from CNY 1,139,660,686.53[77]. - Dividends payable increased by 132.01% to CNY 375,379,702.12 from CNY 161,797,867.50[77]. Operational Focus and Strategy - The company is focusing on expanding its water supply and sewage treatment services, leveraging its operational experience and government partnerships to enhance service quality and market reach[36][37]. - The clean energy segment is actively exploring new business forms such as LNG trading, aiming to capitalize on market opportunities in urban gas operations[38]. - The solid waste disposal business is enhancing its capacity for waste treatment and resource utilization, contributing to sustainable urban development[39]. - The company is committed to optimizing its operational environment and improving service systems to provide high-quality water services to the community[36]. - The company has implemented a strategic focus on environmental governance, aiming to strengthen its market position in waste management and treatment services[39]. Environmental Compliance and Governance - The company has committed to strict compliance with environmental laws and has not faced any penalties for violations during the reporting period[135]. - The company has established a comprehensive environmental monitoring plan for its key pollutant discharge units[134]. - The company has implemented an emergency response plan for environmental incidents at all wastewater treatment facilities, which has been reported to the relevant environmental protection departments[115]. - The company aims to enhance its water engineering construction capabilities and will not expand into similar road construction projects to avoid competition[190]. - The company is focused on enhancing its corporate governance and compliance with relevant regulations[140]. Receivables and Bad Debt Provisions - The company has fully provided for bad debts amounting to CNY 6,370,926.56, with a 100% provision ratio for certain receivables due to various reasons including disputes and court judgments[118]. - Accounts receivable for water and gas fees total CNY 57,312,756.90, with a bad debt provision of CNY 10,192,615.78, representing a provision ratio of 17.78%[121]. - Accounts receivable for engineering fees amount to CNY 193,062,840.36, with a bad debt provision of CNY 48,044,827.19, reflecting a provision ratio of 24.89%[121]. - Accounts receivable for waste and sewage treatment fees total CNY 1,441,581,655.82, with a bad debt provision of CNY 19,132,969.45, indicating a provision ratio of 1.33%[121]. - The company reported a significant increase in the proportion of receivables aged over one year, rising from 5.61% to 11.38%[197]. Corporate Governance and Shareholder Interests - The company is committed to improving its corporate governance structure to protect the interests of minority shareholders[104]. - There were significant changes in the board of directors, with multiple appointments and resignations, indicating a potential shift in governance and strategy[107][108]. - The company has committed to maintaining independence from Hongcheng Environment in terms of assets, personnel, finance, and operations, ensuring no misuse of control to harm Hongcheng Environment's interests[164]. - The company will strictly adhere to legal regulations and ensure fair pricing in related party transactions to protect shareholder interests[171]. - The actual controller, Municipal Public Utilities Group, directly or indirectly holds 53.05% of the company's equity[104]. Revenue and Cost Management - The company reported a total revenue of 60,004,167.78 RMB for the current period, an increase from 48,725,506.50 RMB in the previous period, reflecting a growth of approximately 23.4%[63]. - The company’s total sales expenses for the current period amounted to 60,004,167.78 RMB, an increase from 48,725,506.50 RMB in the previous period, indicating a rise in operational costs[63]. - Operating costs decreased by 0.86% to CNY 2,637,562,747.70 from CNY 2,660,384,207.40[76]. - Research and development expenses increased by 23.15% to CNY 60,004,167.78 from CNY 48,725,506.50[76]. Investments and Acquisitions - The acquisition of 100% equity of Nanchang Industrial Trade Co., Ltd. was completed for a transaction price of CNY 46.72 million, based on the asset evaluation value as of December 31, 2022[195]. - The company issued 18 million convertible bonds with a total amount of 180,000,000 RMB, with a conversion price set at 7.13 RMB per share[53]. - The company’s accumulated conversion of convertible bonds reached 53,176,000 RMB, with a total of 8,169,800 shares converted[53]. Future Commitments and Plans - The company plans to continue expanding its wastewater treatment capacity and improve its environmental performance in the coming years[130]. - The commitment period for various agreements extends until the end of 2024, with ongoing obligations to fulfill[170]. - Water Group committed to achieving net profits of no less than CNY 109.41 million in 2021, CNY 115.52 million in 2022, CNY 121.18 million in 2023, and CNY 134.50 million in 2024[170].

| 证券代码：600461 | 证券简称：洪城环境 公告编号：临 2023－051 | | --- | --- | | 债券代码：110077 | 债券简称：洪城转债 | 江西洪城环境股份有限公司 第八届董事会第七次临时会议决议公告 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。 《江西洪城环境股份有限公司 2023 年半年度报告及其摘要》全文详见上海 交易所网站（http://www.sse.com.cn）。 （其中：同意票11票；反对票0票；弃权票0票） 二、审议通过了《关于<江西洪城环境股份有限公司 2023 年半年度募集资 金实际存放与使用情况的专项报告>的议案》 《江西洪城环境股份有限公司 2023 年半年度募集资金实际存放与使用情况 的专项报告》, 全文详见上海交易所网站（http://www.sse.com.cn）。公司独立 董事同意此项议案，并发表同意的独立董事意见，详见《江西洪城环境股份有限 公司独立董事关于第八届董事会第七次临时会议相关事项的独立意见》。 江西洪城环境股份有限公司（以下简称"公司"、" ...

| 证券代码：600461 | 证券简称：洪城环境 | 公告编号：临 | 2023－053 | | --- | --- | --- | --- | | 债券代码：110077 | 债券简称：洪城转债 | | | 江西洪城环境股份有限公司 2023 年半年度 募集资金实际存放与使用情况的专项报告 本公司及董事会全体成员保证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、准确和完整承担个别及连带责任。 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》《上海 证券交易所上市公司自律监管指引第1号—规范运作》和《江西洪城环境股份有限公司募集资 金管理办法》等有关规定要求，现将江西洪城环境股份有限公司（以下简称"公司"、"洪城 环境"）2023年半年度募集资金实际存放与使用情况专项报告如下： 一、募集资金基本情况 （一）扣除发行费用后的实际募集资金金额、资金到账时间 1.2016 年度发行股份购买资产并募集配套资金 经中国证券监督管理委员会《关于核准江西洪城水业股份有限公司向南昌水业集团有限责 任公司等发行股份购买资产并募集配套资金的批复》（证监许可[2016]554 ...

江西洪城环境股份有限公司独立董事 关于第八届董事会第七次临时会议相关事项的独立意见 根据《中华人民共和国证券法》《上海证券交易所股票上市规则》《关于在 上市公司建立独立董事制度的指导意见》和《公司章程》等法律、法规和规范性 文件的规定，我们作为江西洪城环境股份有限公司(以下简称"公司")的独立董 事，参加了公司第八届董事会第七次临时会议并参与投票表决，现就本次会议相 关事项发表如下独立意见： 关于《江西洪城环境股份有限公司 2023 年半年度募集资金实际存放与使用 情况的专项报告》的独立意见 公司2023年半年度募集资金实际存放和使用符合《上市公司证券发行管理办 法》《上市公司监管指引第2号——上市公司募集资金管理和使用的监管要求》 《上海证券交易所上市公司自律监管指引第1号—规范运作》等有关法律、法规 及公司《募集资金管理办法》的要求，对募集资金进行了专户存放和专项使用， 不存在变相改变募集资金用途和损害股东利益的情形，不存在违规存放和使用募 集资金的情形。 (以下无正文) 独立董事：邵鹏辉、李秀香、邵军、吉伟莉 二〇二三年八月十五日 ...

江西洪城环境股份有限公司 | 证券代码：600461 | 证券简称：洪城环境 | 公告编号：临 2023－052 | | --- | --- | --- | | 债券代码：110077 | 债券简称：洪城转债 | | 第八届监事会第七次临时会议决议公告 本公司及监事会全体成员保证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、准确和完整承担个别及连带责任。 江西洪城环境股份有限公司（以下简称"公司"或"洪城环境"）第八届监 事会第七次临时会议于 2023 年 8 月 15 日在公司十五楼会议室召开。应出席会 议监事 3 人，到会监事 3 人，全体监事均亲自出席会议，符合《公司法》等法 律、法规和《公司章程》的有关规定。 本次会议由监事会主席邱小平女士主持，经各位监事认真审议，经一致表决 作出如下决议： 一、审议通过了《关于<江西洪城环境股份有限公司 2023 年半年度报告及 其摘要>的议案》 公司监事会根据中国证监会《公开发行证券的公司信息披露内容与格式准则 第3号——半年度报告的内容与格式（2021年修订）》《上海证券交易所股票上市 规则（2023年2月修订）》《上海证券交易所上市公 ...

| 证券代码：600461 | 证券简称：洪城环境 | 公告编号：临 2023－050 | | --- | --- | --- | | 债券代码：110077 | 债券简称：洪城转债 | | 江西洪城环境股份有限公司 关于控股股东可转债持有比例变动达到 10%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。 经中国证券监督管理委员会《关于核准江西洪城水业股份有限公司公开发行 可转换公司债券的批复》（证监许可【2020】2587 号）核准，江西洪城环境股 份有限公司（以下简称"公司"）于 2020 年 11 月 20 日公开发行了 1,800 万张 可转换公司债券，每张面值 100 元，发行总额 180,000 万元。 经上海证券交易所自律监管决定书【2020】408 号文同意，公司本次发行的 180,000 万元可转换公司债券于 2020 年 12 月 17 日在上海证券交易所挂牌上市， 债券简称"洪城转债"，债券代码"110077"。 公司控股股东南昌水业集团有限责任公司（以下简称"水业集团"）配售洪 城转债 5 ...

证券代码：600461 证券简称：洪城环境 公告编号：临 2023－033 江西洪城环境股份有限公司 关于参加江西辖区上市公司 2023 年投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，江西洪城环境股份有限公 司(以下简称"公司")将参加由江西证监局、江西省上市公司协会与 深圳市全景网络有限公司联合举办的"2023 年江西辖区上市公司投 资者集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站(https://rs.p5w.net)，或关注微信公众号：全景财经，或下载 全景路演 APP,参与本次互动交流，活动时间为 2023 年5月19日(周 五) 14:30-17:00。届时公司高管将在线就公司 2022 年度业绩、公 司治理、发展战略、 经营状况、融资计划、股权激励和可持续发展 等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊 跃参与！ 特此公告。 江西洪城环境股份有限公司董事会 二〇 ...

Financial Performance - The company's operating revenue for Q1 2023 was approximately CNY 2.07 billion, representing a year-over-year increase of 2.36% compared to CNY 1.81 billion in the same period last year[4]. - The net profit attributable to shareholders for Q1 2023 was approximately CNY 291 million, reflecting a year-over-year increase of 9.05% from CNY 242 million in the previous year[4]. - The company reported a significant increase in revenue and net profit after adjustments, with adjusted figures showing a revenue of CNY 2.02 billion and a net profit of CNY 266 million, marking increases of 14.40% and 20.14% respectively[6]. - The total operating revenue for Q1 2023 was CNY 2,069,967,027.57, an increase from CNY 2,022,190,551.04 in Q1 2022, representing a growth of 2.36%[30]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 281,063,349.68, up 17.25% from CNY 239,675,251.63 in the same period last year[20]. - The company reported a basic earnings per share of CNY 0.27 and diluted earnings per share of CNY 0.22, which are increases of 3.85% and 4.76% respectively compared to the previous year[6]. - Basic earnings per share for Q1 2023 were CNY 0.27, compared to CNY 0.26 in Q1 2022, reflecting a year-over-year increase[45]. - Diluted earnings per share for Q1 2023 were CNY 0.22, up from CNY 0.21 in Q1 2022[45]. Cash Flow and Liquidity - The cash flow from operating activities for Q1 2023 was approximately CNY 314 million, indicating a year-over-year increase of 13.15%[6]. - The net cash flow from operating activities was CNY 314,221,347.60, down from CNY 335,875,737.28 in Q1 2022, showing a decline of approximately 6.5%[45]. - Cash inflow from operating activities totaled CNY 2,213,809,977.47 in Q1 2023, slightly higher than CNY 2,126,827,222.51 in Q1 2022, indicating a growth of approximately 4.1%[45]. - Cash outflow from operating activities was CNY 1,899,588,629.87 in Q1 2023, compared to CNY 1,790,951,485.23 in Q1 2022, representing an increase of about 6.1%[45]. - The ending cash and cash equivalents balance for Q1 2023 was CNY 2,379,125,681.77, up from CNY 3,302,836,447.02 in Q1 2022, reflecting a decrease of approximately 28%[46]. - The company’s cash and cash equivalents increased to approximately CNY 2.41 billion as of March 31, 2023, compared to CNY 2.33 billion at the end of 2022[14]. Acquisitions and Market Expansion - The company completed the acquisition of 100% equity in Jiangxi Dingyuan Ecological Environmental Protection Co., Ltd. for CNY 944.10 million, enhancing its market position[6]. - The company also acquired 100% equity in Jiangxi Lantian Bihui Environmental Engineering Co., Ltd. for CNY 277.84 million and Anyi County Water Supply Co., Ltd. for CNY 113.03 million, further expanding its operational capabilities[6]. - The company is focused on expanding its market presence through strategic acquisitions and enhancing its service offerings in the environmental sector[6]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 22,382,558,141.88, reflecting a 7.10% increase from CNY 20,899,441,823.98 at the end of the previous year[20]. - The total liabilities amounted to CNY 14,032,271,389.22, compared to CNY 12,808,037,022.11 in the previous year, indicating an increase of 9.52%[20]. - The equity attributable to shareholders of the listed company was CNY 7,402,352,644.93, which is a 4.14% increase from CNY 7,107,996,382.44 in the previous year[20]. - The total liabilities increased by CNY 1,224,234,367.11 from the previous year, indicating a significant rise in financial obligations[20]. - The total liabilities increased to ¥5,342,443,154.42 from ¥4,750,028,585.84, showing a rise of about 12.4%[40]. Research and Development - Research and development expenses for the quarter were CNY 22,617,973.85, compared to CNY 21,477,636.39 in the same period last year, showing an increase of 5.34%[30].

证券代码：600461 证券简称：洪城环境 公告编号：2023-028 江西洪城环境股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的 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个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） （一） 会议召开时间：2023 年 05 月 04 日 下午 15:00-16:30 （二） 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 价值在线（www.ir-online.cn） 会议召开方式：视频直播和网络文字互动 投资者可于 2023 年 04 月 24 日(星期一) 至 04 月 28 日(星期 五)16:00 前①登录上证路演中心网站首页点击"提问预征集"栏目； ②前访问网址 https://eseb.cn/13TLDX1hARO 或使用微信扫描下方 小程序码；③通过公司邮箱 jx600461@163.com 进行提问。公司将在 说明会上对投资者普遍关注的问题 ...

Financial Performance - The weighted average return on net assets decreased by 2.03 percentage points to 13.49% in 2022 from 15.52% in 2021[13]. - The company reported a non-operating loss of ¥707,305.85 in 2022, compared to a loss of ¥1,675,573.96 in 2021[20]. - The total non-recurring gains and losses amounted to ¥102,584,943.61 in 2022, a decrease from ¥178,181,248.20 in 2021[20]. - The company’s net profit attributable to shareholders decreased by 1.61 percentage points to 12.78% after excluding non-recurring gains and losses[13]. - The company achieved operating revenue of 7,776.10 million yuan in 2022, a decrease of 4.87% compared to the previous period, while total profit increased by 8.52% to 1,299.80 million yuan[22]. - The net profit attributable to the parent company reached 945.62 million yuan, reflecting a growth of 15.31%, with basic earnings per share at 0.90 yuan[22]. - The revenue from the water supply and drainage business was approximately ¥4.61 billion, a decrease of 24.76% compared to the previous year, with a gross margin of 33.43%, which increased by 9.65 percentage points[48]. - The company reported a total operating cost of approximately ¥5.46 billion for water production and supply, a decrease of 18.67% compared to the previous year[55]. Revenue and Market Growth - Non-operating income from government subsidies increased to ¥48,397,611.28 in 2022, up from ¥32,798,585.59 in 2021[17]. - The company achieved a total revenue of ¥4,352,504.82 from VAT refunds related to its wastewater treatment business in 2022[20]. - The company is actively expanding its market presence in county-level environmental governance, aligning with national strategies for urbanization and rural revitalization[26]. - The company is focusing on developing a comprehensive water supply service system, with a total of 7933 kilometers of water supply pipelines serving a population of 4 million[30]. - The company is positioned to benefit from the increasing demand for urban natural gas, with a target of achieving a domestic natural gas production of over 230 billion cubic meters by 2025[99]. - The company aims to expand its market presence by focusing on the pipeline drinking water sector, which is projected to grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2035, with a market potential exceeding 400 billion CNY by 2035[97]. Strategic Initiatives - The company plans to expand its market presence through strategic acquisitions and new product developments in the upcoming fiscal year[1]. - The company completed a successful asset restructuring totaling 944 million yuan, enhancing its position in the solid waste sector and attracting significant investor interest with a subscription multiple of 7.29 times[25]. - The company secured five new BOT projects and achieved operational revenue from nine TOT projects, with a total new investment of 700 million yuan[25]. - The company plans to implement a "factory-network integration" model for wastewater treatment, targeting the construction of over 2,400 kilometers of new sewage pipelines and the renovation of 1,600 kilometers by the end of 2025[98]. - The company is actively pursuing the development of solid waste disposal and clean energy projects to enhance its service chain and create new growth points[103]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of 200 million RMB allocated for potential deals[144]. Research and Development - Research and development expenses increased by 17.41% to CNY 121,402,142.47[45]. - The company is investing 100 million RMB in R&D for sustainable technologies over the next three years[134]. - The company has established partnerships with two major universities for collaborative research projects in environmental technology[134]. - The company is investing 100 million RMB in R&D for new technologies aimed at improving operational efficiency[142]. Environmental and Regulatory Compliance - The company has implemented emergency response plans for environmental incidents at all wastewater treatment facilities, which have been submitted for record to local environmental protection departments[197]. - All key pollutant monitoring methods employed by the company include manual and online continuous monitoring, adhering to national environmental protection standards[197]. - The company has successfully passed environmental assessments for all major pollution sources before project commissioning, ensuring compliance with local environmental regulations[196]. - The average concentration of pollutants from the company's wastewater treatment business did not exceed the established standards during the reporting period[195]. Shareholder and Governance Matters - The controlling shareholder, Nanchang Water Group, holds 33.52% of the company's shares, which may influence operational decisions[111]. - The company has proposed to adjust the allowances for independent directors[119]. - The company has established a compensation and assessment committee under the board of directors to oversee the remuneration policy and performance evaluation of senior management[181]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period was 11.4842 million yuan (pre-tax)[146]. - The company has not faced any penalties from securities regulatory authorities in the past three years[147]. Financial Management and Cash Flow - The company’s cash flow from operating activities increased by 16.86% to CNY 2,187,607,944.36[45]. - The company plans to distribute cash dividends amounting to 473,108,629.70 RMB, which represents 50.03% of the net profit attributable to shareholders of the parent company for the year 2022, totaling 945,620,231.42 RMB[171]. - The cash dividend distribution policy is designed to ensure that at least 50% of the annual net profit attributable to shareholders of the parent company will be distributed as cash dividends over the next three years, provided there are no major investment plans or cash expenditures[170]. - The company has disclosed that the cash dividend amount includes any share repurchase amounts executed during the year, which will be considered as part of the cash dividend calculation[169]. Risk Management - The company has identified potential risks related to future development strategies, which are detailed in the management discussion section[2]. - The company acknowledges increased market uncertainty due to complex global political and economic conditions, and it aims to enhance its resilience and creativity in response[107]. - The company faces risks related to timely pricing adjustments for wastewater treatment services, particularly with government clients[109]. - The company is addressing potential supply risks from seasonal water level changes and extreme weather by strengthening production management and quality control[110].