Financial Performance - The company's operating revenue for Q3 2022 was ¥1,215,561,634.53, representing a year-on-year increase of 16.50%[6] - The net profit attributable to shareholders for Q3 2022 was ¥2,543,352.18, a decrease of 46.46% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥84,138,407.76, down 60.69% year-on-year[6] - Total operating revenue for the first three quarters of 2022 was RMB 4,407,298,504.16, an increase of 4.8% compared to RMB 4,204,349,885.57 in the same period of 2021[28] - Operating income for the same period was RMB 4,348,895,363.95, up from RMB 4,104,321,835.55, reflecting a growth of 6.0%[28] - Net profit for the third quarter of 2022 was RMB -62,362,184.43, compared to a net profit of RMB 320,211,356.34 in the same quarter of 2021, indicating a significant decline[31] - The total comprehensive income attributable to the parent company was -138,146,065.56 CNY, compared to 225,957,090.85 CNY in the same period last year, indicating a significant decline[33] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥24,041,531,911.21, a slight decrease of 0.14% from the end of the previous year[10] - The total liabilities increased to RMB 14,263,541,787.34 from RMB 14,058,750,640.31, showing a growth of 1.5%[26] - The total equity attributable to shareholders decreased to RMB 8,426,138,395.81 from RMB 8,715,731,073.26, a decline of 3.3%[26] - The total assets amounted to RMB 24,041,531,911.21, slightly down from RMB 24,074,948,288.80, indicating a decrease of 0.1%[26] - The total assets of the company amounted to ¥15,009,751,080.67, an increase from ¥14,491,665,214.84 in the previous year[43] - Total liabilities increased to ¥8,144,658,925.65 from ¥7,685,283,685.47, showing a rise of approximately 6%[43] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥867,305,845.98, reflecting a year-on-year increase of 14.99%[6] - The net cash flow from operating activities was 867,305,845.98 CNY, an increase from 754,226,524.43 CNY year-over-year[36] - The net cash flow from financing activities was -79,536,445.33 CNY, an improvement from -449,224,615.94 CNY year-over-year[38] - Cash inflows from investment activities totaled 2,521,871,234.02 CNY, compared to 2,208,526,461.95 CNY in the previous year[36] - Cash inflow from investment activities totaled approximately ¥1.31 billion in 2022, up from ¥1.13 billion in 2021, indicating a growth of 16.2%[49] - Net cash flow from investment activities was ¥626.43 million in 2022, a significant increase from ¥24.03 million in 2021[49] Shareholder Information - The total number of common shareholders at the end of the reporting period is 153,161[16] - The largest shareholder, Hong Kong Central Clearing Limited, holds 533,547,000 shares, accounting for 18.07% of total shares[16] Investment Income - The company reported a significant decrease in investment income from equity method companies compared to the same period last year, impacting overall profitability[12] - Investment income for the third quarter was RMB 32,287,098.32, a significant drop from RMB 533,700,093.50 in the same quarter of the previous year[31] - The company received cash from investment income amounting to 359,153,749.03 CNY, significantly higher than 193,801,663.50 CNY in the same period last year[36] Operating Costs - Total operating costs increased to RMB 4,264,104,414.35 from RMB 4,170,598,199.03, representing a rise of 2.0%[28] - The cash outflow for purchasing goods and services was 3,053,399,354.06 CNY, down from 3,374,474,792.19 CNY year-over-year[36] - The company reported a decrease in cash received from sales of goods and services, totaling 4,570,466,722.65 CNY, compared to 4,763,161,118.10 CNY in the previous year[36] Other Financial Metrics - The weighted average return on equity for Q3 2022 was 0.03%, a decrease of 0.03 percentage points compared to the same period last year[10] - Financial expenses for the first three quarters were RMB 88,454,214.11, down from RMB 245,409,104.94, a decrease of 64.0%[28] - The company reported a basic and diluted earnings per share of -0.050199 CNY, compared to 0.075057 CNY in the same period last year[33] - The company did not apply new accounting standards or interpretations for the year 2022[51]

Financial Reporting and Governance - The interim report confirms that the financial statements are true, accurate, and complete, with no material omissions[2]. - The report is unaudited, and all directors attended the board meetings, ensuring collective responsibility for the report's contents[3]. - The report outlines the corporate governance structure, including the roles of the board of directors and the supervisory board[8]. - The corporate governance structure includes a general meeting of shareholders, board of directors, and board of supervisors, ensuring standardized operations[27]. - The audit committee reviewed the interim results announcement and the report as of June 30, 2022[55]. Financial Performance - The company reported a total revenue of RMB 1.2 billion, representing a year-on-year increase of 15%[12]. - Revenue for the first half of 2022 was RMB 3,152,730, showing a slight increase of 0.90% compared to RMB 3,124,641 in the same period last year[16]. - The net profit attributable to shareholders was a loss of RMB 150,732, a significant decrease of 169.52% from a profit of RMB 216,851 in the previous year[16]. - The company reported a loss before income tax expense of RMB 28,760,000 for the first half of 2022, contrasting with a profit of RMB 342,030,000 in the prior year[123]. - The company reported a significant loss on the disposal of financial assets, with dividend income from financial assets at fair value through profit or loss dropping to RMB (107,420,000) in H1 2022 from RMB 42,622,000 in H1 2021[160]. Cash Flow and Liquidity - Net cash flows from operating activities increased by 28.53% to RMB 566,774, compared to RMB 440,995 in the same period last year[16]. - Cash and cash equivalents at the end of the reporting period amounted to RMB 2,018.52 million, representing 8.53% of total assets, with a 73.23% increase from the previous year[38]. - The net cash flows generated from financing activities amounted to RMB 146,882, a decrease from RMB 1,092,708 in the prior year[141]. - The net increase in cash and cash equivalents for the period was RMB 1,434,717, compared to an increase of RMB 1,216,368 in the same period of 2021[141]. Operational Highlights - User data indicated an increase in active users by 20%, reaching a total of 5 million users[12]. - The company is expanding its market presence in Jiangsu province, targeting a 25% market share by 2025[12]. - The company operates in public utility and financial investment sectors, with no material changes in its principal business during the reporting period[19]. - The company operates 9 wastewater treatment plants in Shanghai and Jiangsu with a total capacity of 440,000 tons per day, including 175,000 tons per day from Dazhong Jiading Sewage[21]. Investment and Growth Strategies - Investment in new technology is set at RMB 100 million to improve service delivery and customer experience[12]. - The company provided a future outlook projecting a revenue growth of 10% for the next fiscal year[12]. - A strategic acquisition of a local competitor is anticipated to enhance operational efficiency and market reach[12]. - The company aims to reduce operational costs by 5% through process optimization initiatives[12]. Risks and Challenges - There were no material risks identified during the reporting period, and potential risks are detailed in the report[5]. - The company faces risks from fluctuations in domestic natural gas prices, which are influenced by supply and demand dynamics and international gas prices[41]. - The overall economic recovery remains uncertain, adding pressure to the company's gas business operations[41]. - The company is closely monitoring exchange rate fluctuations, particularly the risk of exchange loss due to part of its funds being held in US dollars[44]. Shareholder Information - The total number of issued shares was 2,952,434,675, comprising 2,418,791,675 A Shares and 533,643,000 H Shares[100]. - The top shareholder, Hong Kong Securities Clearing Company, held 533,547,000 shares, representing 18.07% of total shares[101]. - No interim dividends were proposed or declared for the six months ended June 30, 2022, and 2021[175]. - The company has a significant interest from controlled corporations, with multiple entities holding 53,859,000 H shares, each representing 1.82% of the company's total interest[113]. Environmental and Social Responsibility - The company is committed to sustainable development by improving the entire industrial chain and expanding comprehensive new energy services[20]. - The company has established and improved various environmental protection mechanisms and regularly conducts emergency drills to enhance response capabilities to environmental emergencies[83]. - The sewage treatment plants have achieved discharge standards that meet the class A+ of Shanghai's highest level[21]. Employee and Management Changes - As of June 30, 2022, the company had 3,020 employees, with employee expenses amounting to RMB 364.46 million during the reporting period[53]. - Mr. Yang Weibiao resigned as Executive Director and Vice President in March 2022 for personal reasons[96]. - Mr. Liu Zhengdong resigned as Independent Non-executive Director and Chairman of the Nomination Committee in March 2022 due to other work requirements[96].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥3,133,333,729.42, representing a 2.36% increase compared to ¥3,060,963,083.32 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was -¥150,752,332.07, a decrease of 169.52% from ¥216,850,805.63 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥52,766,241.19, down 125.02% from ¥210,900,653.05 in the same period last year[22]. - The net cash flow from operating activities increased by 52.23% to ¥566,772,737.36, compared to ¥372,322,574.25 in the previous year[22]. - The weighted average return on net assets dropped to -1.76%, a decrease of 4.28 percentage points year-on-year[23]. - The company reported a decrease in net profit attributable to shareholders under Chinese accounting standards to -150,752,332.07 yuan, compared to 216,850,805.63 yuan in the previous period[25]. - The company reported a significant decrease in financial expenses by 48.25% to ¥87,770,775.16 due to increased foreign exchange gains[55]. - The company reported a net investment loss of CNY 77,890,642.96 for the first half of 2022, a significant decline compared to an investment gain of CNY 270,141,256.57 in the same period of 2021[153]. - The company reported a total comprehensive income for the first half of 2022 of 199,287,181.07 RMB, showing a decline compared to the previous year[178]. Assets and Liabilities - The total assets at the end of the reporting period were ¥24,222,020,042.99, reflecting a slight increase of 0.61% from ¥24,074,948,288.80 at the end of the previous year[22]. - The net assets attributable to shareholders at the end of the reporting period were ¥8,409,356,202.20, a decrease of 3.52% from ¥8,715,731,073.26 at the end of the previous year[22]. - The total liabilities increased to ¥14,430,659,397.30 from ¥14,058,750,640.31, representing a growth of about 2.65%[145]. - The current liabilities rose to ¥9,473,068,606.91, compared to ¥8,253,696,444.93, indicating an increase of approximately 14.74%[145]. - The total current assets amount to 5,930,913,374.49 RMB, an increase from 5,413,365,060.36 RMB at the previous year's end[139]. - Long-term equity investments decreased to 7,028,447,142.75 RMB from 7,344,995,614.64 RMB at the previous year's end[139]. Cash Flow - Cash inflow from operating activities totaled ¥3,670,873,455.01, compared to ¥3,487,018,548.93, reflecting a growth of approximately 5.3%[163]. - Net cash flow from operating activities improved to ¥566,772,737.36, up from ¥372,322,574.25, marking an increase of about 52.2%[163]. - Cash inflow from investment activities amounted to ¥1,988,321,731.51, an increase from ¥1,712,392,665.40, representing a growth of approximately 16.1%[166]. - Cash inflow from financing activities was ¥2,637,065,381.69, down from ¥5,882,845,673.44, indicating a decrease of about 55.3%[166]. - The ending balance of cash and cash equivalents increased to ¥3,496,704,854.98 from ¥3,326,876,161.42, reflecting a growth of about 5.1%[166]. Shareholder Information - Total number of ordinary shareholders as of the end of the reporting period is 156,047[120]. - The top ten shareholders hold a total of 1,212,000,000 shares, representing approximately 40.56% of the total shares[121]. - Hong Kong Central Clearing Limited is the largest shareholder with 533,547,000 shares, accounting for 18.07%[121]. - The company has not experienced any changes in share capital structure during the reporting period[120]. Strategic Initiatives - The company aims to transform from a single gas business to a comprehensive energy service provider, exploring strategic partnerships with renewable energy companies[33]. - The company plans to enhance its service offerings and extend into comprehensive renewable energy projects to achieve sustainable development[33]. - The company plans to expand its hazardous materials transportation business by leveraging existing qualifications and exploring new partnerships[39]. - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[153]. Environmental Compliance - The company is committed to strict compliance with environmental regulations to mitigate associated risks in wastewater treatment operations[71]. - The company reported a total discharge of 238.84 tons of COD, 30.78 tons of BOD, and 125.63 tons of TN from its wastewater treatment plants, all within the regulatory limits[81]. - The company has implemented automatic monitoring facilities at inflow and outflow points, ensuring compliance with environmental regulations[90]. - The company has not faced any administrative penalties for environmental issues during the reporting period[91]. Investment Activities - The company has invested in four venture capital platforms, enhancing its investment management and efficiency[41]. - The company agreed to increase its investment in the Wuyuefeng Phase III Fund to 3.98998 billion RMB, with its share decreasing from 3.5261% to 2.5063%[105]. - The company made external investments totaling approximately ¥34.65 million, a decrease of 85.13% compared to the previous year[63]. Financial Ratios - The current liquidity ratio is 62.61%, a decrease of 2.98 percentage points compared to the previous year's end[135]. - The debt-to-asset ratio increased to 59.58%, up by 1.18 percentage points compared to the previous year[135]. - The interest coverage ratio has dropped to 0.28, a decrease of 88.80% compared to the previous year[135]. - The cash interest coverage ratio improved to 4.07, an increase of 22.96% compared to the previous year[135].

2022 年第一季度报告 单位：元 币种：人民币 证券代码：600635 证券简称：600635 上海大众公用事业（集团）股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人杨国平、主管会计工作负责人蒋贇及会计机构负责人（会计主管人员）胡军保证季度 报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |-----------------------------------------------|------------------|-------------------------------------| | 项目 | 本报告期 | 本报告期比上年同期 增减变动幅度 (%) | | 营业收入 | ...

Financial Performance - Operating revenue for the first quarter was CNY 1,983,080,288.47, representing a year-on-year increase of 9.04%[3] - Net profit attributable to shareholders of the listed company was CNY -325,329,638.02, a decrease of 1,604.39% compared to the same period last year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -172,388,112.07, a decrease of 231.52% year-on-year[3] - The company reported a gross operating cost of RMB 1,921,128,015.32 for Q1 2022, up from RMB 1,740,484,796.33 in Q1 2021[26] - Basic earnings per share for Q1 2022 was -0.110190, compared to 0.007325 in Q1 2021[35] - Net profit attributable to shareholders of the parent company for Q1 2022 was a loss of RMB 267,347,402.73, compared to a profit of RMB 91,282,130.91 in Q1 2021[33] - The company’s total comprehensive income for Q1 2022 was a loss of RMB 257,387,490.04, compared to a gain of RMB 43,407,840.13 in Q1 2021[35] - Other comprehensive income after tax for Q1 2022 was RMB 9,959,912.69, compared to a loss of RMB 47,874,290.78 in Q1 2021[34] Cash Flow - Net cash flow from operating activities was CNY 510,913,115.28, an increase of 574.24% compared to the previous year[3] - Cash inflow from operating activities for Q1 2022 was approximately ¥2.36 billion, an increase of 17.4% compared to ¥2.01 billion in Q1 2021[37] - Net cash flow from operating activities for Q1 2022 was ¥510.91 million, significantly higher than ¥75.78 million in Q1 2021[37] - Cash inflow from investment activities in Q1 2022 totaled ¥1.00 billion, up from ¥595.98 million in Q1 2021, marking a 67.7% increase[39] - Net cash flow from investment activities for Q1 2022 was ¥476.65 million, a recovery from a negative cash flow of ¥155.94 million in Q1 2021[39] - Cash inflow from financing activities in Q1 2022 was ¥1.46 billion, down 62% from ¥3.85 billion in Q1 2021[40] - Net cash flow from financing activities for Q1 2022 was ¥29.41 million, a decrease of 95.7% compared to ¥689.81 million in Q1 2021[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 23,956,063,246.33, a decrease of 0.49% from the end of the previous year[4] - Total liabilities as of March 31, 2022, are RMB 8,428,159,916.16, compared to RMB 8,253,696,444.93 at the end of 2021[21] - Total liabilities increased to ¥8,520,575,910.43 as of March 31, 2022, up from ¥7,685,283,685.47 at the end of 2021[46] - The company’s total equity as of March 31, 2022, was RMB 9,739,721,820.76, down from RMB 10,016,197,648.49 at the end of 2021[24] - Total current assets amount to RMB 5,622,670,203.23, an increase from RMB 5,413,365,060.36 as of December 31, 2021[18] - Total non-current assets decreased to RMB 18,333,393,043.10 from RMB 18,661,583,228.44[19] - Current liabilities as of March 31, 2022, totaled ¥5.17 billion, an increase from ¥4.32 billion at the end of 2021[45] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 157,919[10] - The top shareholder, Hong Kong Central Clearing Limited, holds 533,547,000 shares, representing 18.07% of the total shares[11] - Shanghai Dazhong Enterprise Management Limited holds 495,143,859 shares, accounting for 16.77% of the total shares, with 344,000,000 shares pledged[11] Investment Income - Investment income for Q1 2022 showed a loss of RMB 189,900,485.18, compared to a gain of RMB 123,386,842.28 in Q1 2021[28] - The company maintained stable main business operations despite significant decreases in investment income from equity method companies compared to the previous year[9]

Financial Performance - Revenue for 2021 reached RMB 5,587,531, an increase of 12.82% compared to RMB 4,952,510 in 2020[42] - Net profit attributable to equity holders of the listed company decreased by 41.12% to RMB 303,356 from RMB 515,231 in the previous year[42] - Net cash flows from operating activities improved by 37.51%, totaling RMB 578,081 compared to RMB 420,382 in 2020[42] - Net assets attributable to equity holders of the listed company increased slightly by 0.84% to RMB 8,659,565 from RMB 8,587,274 at the end of 2020[42] - Total assets grew by 1.77% to RMB 23,674,116 from RMB 23,263,208 at the end of 2020[42] - Basic and diluted earnings per share fell by 41.18% to RMB 0.10 from RMB 0.17 in 2020[42] - Profit for the year in 2021 was RMB 392,175, a decrease of 33.9% compared to RMB 594,342 in 2020[43] - The company recorded total revenue of RMB5.588 billion in 2021, an increase of 12.82% compared to RMB4.953 billion in 2020[84] - Net profit attributable to the owners of the parent company was RMB303 million, a decrease of 41.12% from the previous year[84] Dividend Distribution - The company plans to distribute a cash dividend of RMB0.5 per ten shares, totaling RMB147,621,733.75 based on 2,952,434,675 outstanding shares at the end of 2021[4] - The profit distribution plan is subject to approval at the 2021 AGM, with implementation measures to be announced later[4] - The final dividend for the year ended December 31, 2021, is RMB0.5 per ten shares (tax inclusive) [22] Audit and Compliance - BDO Limited issued an unqualified audit report for the company, confirming the accuracy and completeness of the financial report[4] - There were no material risks identified during the reporting period, and potential risks and countermeasures are detailed in the report[5] - The company has not appropriated funds for non-operating purposes by controlling shareholders or related parties[5] - The company has not provided external guarantees in violation of stipulated decision-making procedures[5] - More than half of the directors were able to warrant the truthfulness, accuracy, and completeness of the annual report[5] - The company is committed to ensuring the truthfulness, accuracy, and completeness of the financial report as stated by the responsible persons[4] - The company continues to focus on improving governance and information disclosure quality, ensuring compliance with stock exchange regulations[5] Operational Highlights - The company operates 8 wastewater treatment plants with a total capacity of 440,000 tons per day[52] - Shanghai Dazhong Gas has a natural gas pipeline network of 6,867 km, supplying 7.2 million cubic meters daily to over 1.87 million household users[45] - Dazhong Transportation operated 6,255 taxis and 3,304 rental cars by the end of 2021[55] - The company operates under the Public-Private Partnership (PPP) model for long-term cooperative relationships[25] - The company aims to explore new energy projects with economic scale to establish a sustainable profit model[50] Market and Industry Trends - In 2021, China's natural gas consumption reached 372.6 billion cubic meters, marking a year-on-year increase of 12.7% and accounting for approximately 8.4% of total primary energy consumption[68] - The consumption structure of natural gas in 2021 showed that industrial gas accounted for 36.57%, city gas for 35.47%, gas for power generation for 19%, and gas for chemical industries for 8.87%[68] - The "14th Five-Year Plan" aims to increase sewage treatment capacity by 20 million cubic meters per day, focusing on filling the capacity gap in cities and county towns[69] - The environmental protection industry is increasingly supported by the State through policies and funding, transforming environmental governance into an economically beneficial industry[70] - The government has enhanced regulatory measures in the water industry, improving operational efficiency and quality of wastewater treatment projects[71] - The natural gas industry is expected to benefit from the national "peak carbon dioxide emissions" and "carbon neutrality" policies, leading to increased gas demand and consumption growth[199] - The urban transportation industry in Shanghai has about 50,000 taxis, with the Company replacing over 2,000 fuel taxis with electric vehicles, aiming to replace all fuel taxis in the future[200] Strategic Initiatives - The company is committed to expanding its market presence through strategic partnerships and acquisitions[25] - The company aims to enhance its financial product offerings through partnerships with fintech platforms and actively issues bonds and asset-backed securities[63] - The company is focusing on healthy and orderly development trends in the financial leasing industry despite downward pressures on asset quality[6] - The company is committed to improving working efficiency and reducing costs in its logistics and transport operations[61] - The company emphasizes the integration of internal resources and the development of differentiated competition strategies in its financial investment business[63] Investment Activities - The company reported external equity investment of approximately RMB 513 million, a decrease of 13.93% from the previous year[140] - The Company holds a stake in Shenzhen Capital Group Co., Ltd., which has invested in 1,406 projects totaling RMB 80.5 billion, with 206 projects listed globally, indicating strong investment experience[133] - The Company has established a stable multi-channel financing system through corporate bonds and other financial instruments, enhancing its financing ability and reducing costs[134] - The Company invested RMB 20 million in the Shanghai Wuyuefeng Phase III private equity fund, representing 2.95% of the total paid-in capital as of December 31, 2021[148] - The Company invested RMB 50.5 million in the Xuan Yuan Yuan Ding No. 10 private securities investment fund, representing 100% of the total paid-in capital as of December 31, 2021[148] Corporate Social Responsibility - The company was awarded the "Most Socially Responsible Award" in 2021, highlighting its commitment to social responsibility[5] - The company actively promoted pandemic prevention measures, ensuring that all employees received vaccinations and health supplies[121] - The company organized activities to celebrate its 30th anniversary and the 100th anniversary of the Communist Party of China, enhancing corporate culture and employee engagement[122]

Financial Performance - The company's operating revenue for 2021 was CNY 5,417,593,979.70, an increase of 13.26% compared to CNY 4,783,236,756.44 in 2020[24]. - The net profit attributable to shareholders for 2021 was CNY 303,356,221.16, a decrease of 41.12% from CNY 515,231,416.65 in 2020[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 107.02% to CNY 342,864,753.47 in 2021[26]. - The net cash flow from operating activities increased by 194.35% to CNY 674,261,904.04 in 2021, compared to CNY 229,066,802.14 in 2020[26]. - The weighted average return on equity decreased by 2.71 percentage points to 3.52% in 2021 from 6.23% in 2020[26]. - The total assets at the end of 2021 were CNY 24,074,948,288.80, an increase of 1.92% from CNY 23,622,080,255.74 at the end of 2020[24]. - The net assets attributable to shareholders at the end of 2021 were CNY 8,715,731,073.26, an increase of 0.84% from CNY 8,643,440,050.36 at the end of 2020[24]. - The basic earnings per share for 2021 were CNY 0.102748, a decrease of 41.12% from CNY 0.174511 in 2020[26]. - The diluted earnings per share for 2021 were also CNY 0.102748, reflecting the same decrease as the basic earnings per share[26]. - The company achieved operating revenue of CNY 5.42 billion in 2021, an increase of 13.26% compared to CNY 4.78 billion in the previous year[75]. - The net profit attributable to the parent company was CNY 303 million, a decrease of 41.12% from the previous year's CNY 514 million[75]. Dividend and Share Capital - The company plans to distribute a cash dividend of 0.50 RMB per 10 shares, totaling 147,621,733.75 RMB for the year 2021[6]. - The total share capital at the end of 2021 was 2,952,434,675 shares[6]. - The company distributed a cash dividend of 0.55 yuan per 10 shares, totaling 162,383,907.13 yuan for the 2020 fiscal year[158]. - The company has no adjustments to its cash dividend policy during the reporting period[158]. - The company’s cash dividend policy is designed to provide stable returns to investors based on economic performance[156]. Audit and Compliance - The company received a standard unqualified audit report from Lixin Certified Public Accountants[5]. - The management has confirmed the authenticity, accuracy, and completeness of the financial report[4]. - The company has not violated decision-making procedures for external guarantees[8]. - The company has not engaged in non-operational fund occupation by controlling shareholders or related parties[8]. - The company has established a sound corporate governance structure and internal control system, ensuring compliance with relevant laws and regulations[121]. - The company has actively engaged in environmental, social, and governance (ESG) reporting to showcase its commitment to sustainable development[121]. - The company has not experienced any violations regarding insider trading during the reporting period[123]. - The company has a dedicated audit committee, nomination committee, compensation and assessment committee, and strategic development committee to ensure clear responsibilities and compliance[121]. - The internal control audit report for the reporting period received a standard unqualified opinion[164]. Risk Management - There were no significant risk events reported during the reporting period[8]. - The company has outlined potential risks and corresponding countermeasures in the report[8]. - The company faces risks from domestic natural gas price fluctuations, which could impact gross margins and profitability[112]. - Environmental risks are present due to stricter regulations in wastewater treatment and solid waste management, requiring proactive compliance measures[113]. - Currency exchange rate fluctuations pose a risk due to some funds being held in USD, necessitating close monitoring[116]. - The company will prioritize "capital safety" in overseas investments, focusing on mature projects to mitigate risks[117]. Investments and Projects - As of the end of 2021, the company has invested in 1,406 projects, with 206 of these companies listed on 17 global capital markets, and 399 projects have exited (including IPOs)[47]. - The company has completed the reduction of its holdings in Junyao Health, achieving certain investment returns[47]. - The company has invested in two semiconductor industry projects through its affiliated special funds in 2021, generating some investment income[47]. - The company reported a total investment in financial assets of approximately 3.61 billion, with a fair value change of -100.14 million during the period[102]. - The company transferred 21% of its shares in Dazhong Transportation, totaling 52.5 million shares, to Dazhong Transportation and Dazhong Management in November 2021[103]. Environmental Compliance - The company maintains compliance with environmental discharge standards across its subsidiaries, with no exceedances reported in the latest assessments[171]. - The company achieved a significant improvement in wastewater treatment quality, now meeting Class A+ standards after major upgrades[176]. - The company invested approximately RMB 1.1 million in automatic monitoring equipment for total phosphorus, total nitrogen, and pH at various wastewater treatment plants[176]. - The company has implemented a self-monitoring scheme for environmental compliance, with automatic monitoring facilities installed at inflow and outflow points[181]. - The company emphasizes compliance with environmental regulations, ensuring all emissions meet required standards[186]. Corporate Governance - The company has committed to improving its governance structure and operational levels continuously[121]. - The company’s board of directors and senior management remuneration is linked to performance, with annual performance targets set by the assessment committee[137]. - The company held a total of 8 board meetings in 2021, with all directors attending all meetings[142][145]. - The company has a diverse board with members holding various significant positions in other organizations, enhancing its governance structure[128]. - The company is focused on maintaining strong corporate governance through its independent directors and supervisory board[128]. Employee and Management - The company had a total of 3,019 employees, with 60 in the parent company and 2,959 in major subsidiaries[153]. - The company’s employee composition includes 2,416 production staff, 132 sales personnel, and 200 technical staff[153]. - The company emphasized training for new employees to enhance execution and dedication[155]. - The company has established a comprehensive performance evaluation and compensation management system for senior management, with the 2021 performance assessment plan approved by the board of directors[160]. Future Outlook - The company aims to explore new energy projects and establish sustainable profit models in the urban gas sector[61]. - The wastewater treatment sector is anticipated to grow rapidly due to government initiatives aimed at increasing water recycling rates by 2025[94]. - The company plans to strengthen cash flow management and control the debt ratio to maintain a strong risk resistance capability[111]. - The company is committed to improving asset quality and profitability through differentiated competition and collaboration in the financial services sector[69].

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,043,358,752.23, a decrease of 0.13% compared to the same period last year[5]. - The net profit attributable to shareholders for the same period was ¥4,750,135.95, with a year-to-date net profit of ¥221,600,941.58, reflecting an increase of 8.69% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥214,034,155.05 for Q3 2021, with a year-to-date figure of ¥424,934,808.10, showing a significant increase of 86.79%[5]. - The basic and diluted earnings per share for Q3 2021 were both ¥0.001609, while the year-to-date earnings per share was ¥0.075057, an increase of 8.69%[7]. - The total operating revenue for the first three quarters of 2021 was ¥4,204,349,885.57, an increase from ¥3,702,600,708.71 in the same period of 2020[26]. - The operating income for the first three quarters of 2021 was ¥4,104,321,835.55, up from ¥3,609,531,397.99 in the first three quarters of 2020[26]. - Net profit for the period was ¥320,211,356.34, compared to ¥303,033,259.75, marking an increase of approximately 5.7%[33]. - Total profit amounted to ¥369,634,419.32, up from ¥339,210,582.08, indicating a growth of around 9%[33]. - Basic earnings per share increased to ¥0.075057 from ¥0.069057, representing a rise of approximately 8.9%[35]. Assets and Liabilities - The total assets at the end of the reporting period were ¥23,714,910,470.75, representing a slight increase of 0.39% from the end of the previous year[7]. - The equity attributable to shareholders at the end of the reporting period was ¥8,586,259,206.73, a decrease of 0.66% compared to the end of the previous year[7]. - The company's total liabilities as of September 30, 2021, were ¥13,823,132,073.28, slightly up from ¥13,746,014,895.36 at the end of 2020[26]. - The total current assets as of September 30, 2021, amounted to ¥4,966,577,998.08, a decrease from ¥5,278,215,439.53 as of December 31, 2020[21]. - The company's total assets reached ¥23,714,910,470.75 as of September 30, 2021, compared to ¥23,622,080,255.74 at the end of 2020[24]. - The non-current assets totaled ¥18,748,332,472.67 as of September 30, 2021, compared to ¥18,343,864,816.21 at the end of 2020[24]. - The total equity attributable to shareholders of the parent company was ¥8,586,259,206.73 as of September 30, 2021, down from ¥8,643,440,050.36 at the end of 2020[26]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥754,226,524.43, with significant contributions from subsidiaries[5][12]. - The net cash flow from operating activities was $754.23 million, a significant improvement from a negative $189.16 million in the previous period[38]. - Cash inflow from operating activities totaled ¥4,960,041,554.35, compared to ¥4,208,765,446.66, an increase of about 17.8%[35]. - The cash flow from operating activities showed a positive trend, indicating improved operational efficiency[38]. - The total cash and cash equivalents at the end of the period amounted to $2.18 billion, down from $2.43 billion year-over-year[38]. Expenses and Income - Total operating costs rose to ¥4,170,598,199.03 from ¥3,652,341,818.09, reflecting an increase of about 14.2%[29]. - Interest income increased to ¥100,028,050.02 from ¥93,069,310.72, representing an increase of approximately 10.5%[29]. - Investment income rose significantly to ¥533,700,093.50 from ¥327,437,739.14, reflecting an increase of approximately 62.9%[29]. - Sales expenses increased to ¥166,479,875.98 from ¥138,914,166.38, which is an increase of about 19.8%[29]. - Management expenses rose to ¥323,793,154.56 from ¥299,293,599.06, indicating an increase of approximately 8.2%[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 162,070, with the largest shareholder holding 18.07% of the shares[14]. - As of September 30, 2021, Shanghai Volkswagen Enterprise Management Co., Ltd. held a total of 556,321,859 shares, representing approximately 18.84% of the company's total issued shares[17]. Other Comprehensive Income - Other comprehensive income after tax was ¥3,490,885.18, compared to ¥182,287,136.00, showing a significant decrease[33].

Financial Reporting and Governance - The company confirmed that the interim report is true, accurate, and complete, with no material omissions or misleading statements[2]. - The report is unaudited, and the financial reports are warranted for truthfulness and accuracy by the responsible persons[3]. - All directors attended the board meetings, ensuring collective responsibility for the report's contents[2]. - The company is committed to transparency and has outlined its corporate governance practices in the report[7]. - The company adheres to strict corporate governance standards, complying with relevant laws and regulations in both domestic and international markets, ensuring a well-structured governance mechanism[50]. - The Company strictly complies with information disclosure requirements, ensuring timely and consistent disclosure at both listing places[128]. - The Company implemented strict registration and management of individuals possessing inside information, ensuring lawful and fair disclosure[129]. - The company has complied with all corporate governance code provisions throughout the Reporting Period[130]. Financial Performance - For the six months ended June 30, 2021, Dazhong Public Utilities reported a revenue of RMB 1.2 billion, representing a year-on-year increase of 15%[12]. - The company achieved a net profit of RMB 300 million, which is a 10% increase compared to the same period last year[12]. - Revenue for the reporting period (January to June) increased by 19.14% to RMB 3,124,641,000 compared to RMB 2,622,635,000 in the corresponding period last year[16]. - Net profit attributable to shareholders decreased by 14.14% to RMB 216,851,000 from RMB 252,553,000 in the same period last year[16]. - Basic and diluted earnings per share decreased by 22.22% to RMB 0.07 from RMB 0.09 in the same period last year[17]. - Profit for the period attributable to owners of the company was RMB 216,851,000, down from RMB 252,553,000 in the prior year, reflecting a decrease of approximately 14.1%[159]. - Total comprehensive income for the period was RMB 330,226,000, down from RMB 392,046,000, indicating a decrease of about 15.8% compared to the previous year[161]. Cash Flow and Financial Position - Net cash flows from operating activities improved significantly to RMB 440,995,000, compared to a negative RMB 249,528,000 in the previous year[16]. - Cash and cash equivalents at the end of the reporting period amounted to RMB 3,326,876,000, representing 13.55% of total assets, up from 9.11% last year[62]. - The company maintained loan interest rates between 3.045% to 3.2%, effectively reducing capital costs[53]. - The overall expense control system was implemented, improving internal control capabilities[54]. - Cash flows from financing activities included new bank borrowings of RMB 2,427,846, an increase of 32.8% compared to RMB 1,827,876 in the same period last year[181]. - Net cash flows generated from financing activities were RMB 1,092,708, a recovery from a net outflow of RMB 58,356 in the same period last year[181]. Business Operations and Strategy - Dazhong Public Utilities plans to expand its market presence in Jiangsu and Zhejiang provinces, targeting a 25% growth in these regions over the next year[12]. - The company is investing RMB 200 million in new technology for wastewater treatment to enhance operational efficiency by 30%[12]. - The company is exploring potential acquisitions in the renewable energy sector to diversify its portfolio and reduce carbon emissions by 15% by 2025[12]. - The company is focusing on strategic development and market expansion initiatives to enhance operational efficiency and profitability[15]. - The company is engaged in various sectors including piped gas supply, wastewater treatment, and public infrastructure projects, indicating a diversified business model[182]. Environmental Compliance and Risks - The company faces environmental risks due to varying establishment periods and geographical distribution of its sewage treatment plants[71]. - The company has multiple subsidiaries with reported discharging standard violations across various pollutants, indicating a need for improved compliance measures[107][108]. - The company is committed to ecological protection and energy conservation, achieving economic benefits through effective sewage treatment management[110]. - The company has established a sound management structure and continuously improved management systems and operation procedures, resulting in stable water discharge meeting standards[110]. Shareholder Information - The total number of ordinary shareholders as of the end of the Reporting Period was 167,023[136]. - Shanghai Dazhong Business Management Co., Ltd. held 556,321,859 shares, representing approximately 18.84% of the total issued shares of the Company[142]. - The shareholding of Cai Zhishuang decreased by 629,800 shares during the reporting period, bringing the total to 15,288,835 shares, which is 0.52% of the total shares[138]. - The Company did not report any changes in the shareholding of current and resigned Directors, Supervisors, and senior management during the reporting period[153]. Investment and Financing Activities - The company actively practices a multi-channel financing model, creating a stable financing system through corporate bonds, debt financing instruments, and asset securitization, optimizing its investment and financing structure[50]. - The company has deposited all remaining unutilized proceeds into its account for listing, intended for use in the same manner as proposed[90]. - The company proposed the registration and issuance of super-short-term commercial papers and medium-term notes[93]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service capabilities[15].