Financial Performance - Total operating income for the first half of 2022 was CNY 1,403,203,997.91, a decrease of 10.66% compared to the same period last year[23]. - Net profit attributable to shareholders was a loss of CNY 336,716,792.88, a decline of 361.76% year-on-year[23]. - Net assets attributable to shareholders decreased by 3.86% to CNY 12,751,139,214.35 compared to the end of the previous year[23]. - Total assets decreased by 6.06% to CNY 34,830,889,781.30 compared to the end of the previous year[23]. - Basic earnings per share for the first half of 2022 was -CNY 0.16, a decrease of 366.67% compared to the same period last year[24]. - The company reported a 27.99% increase in total costs, amounting to CNY 64,050,170.86, primarily driven by rising material and labor costs[53]. - The company achieved a total profit of ¥1,513.48 million and a net profit of ¥611.27 million from diversified investment operations during the reporting period[87]. - The total operating revenue for the reporting period was ¥1,403,203,997.91, a decrease of 10.66% compared to ¥1,570,602,244.61 in the same period last year[87]. - The net profit attributable to the parent company was -¥336,716,792.88, a decline of 361.76% from ¥128,637,618.39 year-on-year[90]. Operational Efficiency - The net cash flow from operating activities was CNY 878,525,556.20, an increase of 358.18% year-on-year[23]. - The company's weighted average return on net assets, excluding non-recurring gains and losses, was -2.75% for the reporting period[27]. - The utilization hours for power generation fell by 11.58% to 2,184 hours, indicating reduced operational efficiency[46]. - The company is facing challenges from aging equipment and reduced efficiency in its thermal power plants, leading to decreased generation capacity[48]. - The company is focusing on refining cost management and implementing a business unit management model to reduce energy consumption indicators[128]. Market Position and Strategy - The company holds a market share of approximately 13% in the centralized heating area of Harbin, with a total heating area of 43.22 million square meters[36]. - The company is planning to implement a new heating source project involving three 168 MW circulating fluidized bed hot water boilers to enhance its market position[36]. - Future strategies may include exploring market expansion and enhancing operational efficiency to counteract declining sales and production figures[59]. - The company aims to strengthen its thermal power business while optimizing heating resource integration and layout[36]. - The company is actively pursuing new investment projects and enhancing post-investment management to improve value creation capabilities[87]. Environmental Compliance and Emissions - The company operates three emission outlets with specific pollutant discharge standards, including a 130t/h steam boiler and two hot water boilers[142][143]. - The company is adhering to strict emission standards for pollutants such as particulate matter, sulfur dioxide, and nitrogen oxides[143]. - The company has implemented advanced pollution control technologies, including bag filters and SCR systems, to meet ultra-low emission standards[155]. - The company has successfully completed the CBA ultra-efficient SNCR system retrofit in 2020, enhancing its emission control capabilities[162]. - The company has received multiple environmental impact assessment approvals for its new heating projects, indicating a commitment to sustainable development[167]. Risk Management - The company has established a comprehensive credit risk management mechanism to assess and monitor credit risks across various financial activities[119]. - The company is enhancing its market risk management by implementing a dynamic risk control indicator monitoring system[122]. - The company is committed to strengthening its operational risk management framework to minimize losses from internal and external events[123]. - The company is focusing on dynamic cost management and talent mechanisms to improve operational efficiency, aiming for full lifecycle cost control[132]. Corporate Governance - The company has established a governance structure with clear responsibilities among shareholders, the board, supervisors, and management, ensuring stable development[72]. - The company has not proposed any profit distribution or capital reserve transfer for the current period[139]. - The company has reported no changes in its stock incentive plans or employee stock ownership plans[139]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[198]. Challenges and Future Outlook - The company is facing challenges in the thermal power industry due to high coal prices and increased environmental compliance costs[32]. - The company is planning a heat source renovation project to ensure winter heating, as three 130t/h coal powder steam boilers and three 12MW steam turbine generator sets will reach their design lifespan by 2023-2025[118]. - The company is committed to providing personalized services to enterprises to help them achieve financing goals through various training and advisory activities[133].

证券代码：600864 证券简称：哈投股份 公告编号：临2022-018 哈尔滨哈投投资股份有限公司 关于参加"2022年投资者网上集体接待日活动 暨业绩说明会"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： 会议召开时间：2022 年 5 月 12 日 14:30-16:30 会议召开地点及方式："全景路演"（https://rs.p5w.net/html/132395.shtml） 预征集投资者提问的相关安排：投资者可于 2022 年 5 月 12 日 12:00 前访 问 https://ir.p5w.net/zj/，进入本公司问题征集专题页面。 为促进公司规范运作、健康发展，增强公司信息透明度，加强与广大投资者沟 通交流，进一步提升投资者关系管理水平，公司将参加由黑龙江省上市公司协会和 深圳市全景网络有限公司共同举办的 "黑龙江省上市公司 2022 年投资者网上集体 接待日活动暨业绩说明会"，具体情况如下： 一、会议召开时间、地点及参会方式 本 次 活 动 将 于 2022 年 5 月 1 ...

Financial Performance - The total operating revenue for 2021 was CNY 2,931,887,193.79, a decrease of 11.52% compared to the previous year[20]. - The net profit attributable to shareholders of the listed company was CNY 237,660,297.17, an increase of 4.75% year-on-year[20]. - The net cash flow from operating activities decreased by 71.12% to CNY 1,042,141,996.91[20]. - The company's equity attributable to shareholders was CNY 13,262,742,398.27, a decrease of 3.62% compared to the previous year[20]. - The company reported a total profit of CNY 26,889.19 million for the year[29]. - Total revenue for the reporting period was CNY 293,188.72 million, with a net profit attributable to shareholders of CNY 23,766.03 million[90]. - Operating revenue decreased by 11.52% year-on-year to CNY 2,931,887.19 million[91]. - The company experienced a significant reduction in investment income, down 96.83% to CNY 24,026.39 million, primarily due to decreased returns from trading financial assets[91]. - The company's total revenue for the reporting period was approximately CNY 2.92 billion, a decrease of 11.59% year-on-year[98]. Asset and Capital Management - As of the end of 2021, the company's net capital was RMB 8,426,902,719.34, down from RMB 9,296,509,573.53 at the end of the previous year, indicating a decrease of approximately 9.35%[8]. - The company's net assets increased to RMB 9,926,318,677.01 from RMB 9,794,698,771.71, reflecting a growth of about 1.35% year-over-year[8]. - The total assets at the end of 2021 were CNY 37,076,409,824.35, an increase of 5.56% from the previous year[20]. - The company reported a net capital to net assets ratio of 84.89%, down from 94.91%, showing a decline in the proportion of net capital relative to net assets[8]. - The company's total assets as of December 31, 2021, were CNY 3,707,640.98 million, with equity attributable to shareholders at CNY 1,326,274.24 million[90]. - The total assets of the securities industry reached CNY 10.59 trillion in 2021, an increase of 18.99% compared to 2020[54]. Dividends and Payouts - The company plans to distribute a cash dividend of RMB 0.35 per 10 shares, totaling approximately RMB 72,819,968.20 based on 2,080,570,520 shares outstanding, resulting in a dividend payout ratio of 30.64%[4]. Risk Management - The risk coverage ratio decreased to 200.28% from 211.57%, indicating a decline in the company's ability to cover potential risks[8]. - The liquidity coverage ratio decreased to 243.97% from 300.18%, suggesting a reduction in the company's short-term liquidity position[8]. - The company has disclosed potential risks in its future development plans, which investors should be aware of[7]. - The company has established a comprehensive credit risk management system to mitigate risks associated with bond trading, margin financing, and derivative transactions[197]. - The company has implemented liquidity risk management measures, including a unified fund management system and emergency liquidity plans[200]. - The company actively manages market risks, particularly stock price and interest rate risks, through a dynamic risk control monitoring system[199]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Harbin Taiping Heating Co., Ltd. in September 2021, which previously had a loan of RMB 38.056 million from a related party that was fully repaid before the acquisition[4]. - The company completed the acquisition of 100% equity of Taiping Heating, which was included in the consolidated financial statements[23]. - The company established a private equity fund management platform and invested in Harbin Yucai Technology Co., Ltd. to enhance its core heating business[44]. - The company completed the acquisition of 100% equity in Taiping Heating from its controlling shareholder, Harbin Investment Group[159]. Operational Performance - The company completed electricity generation of 40,715 million kWh, an increase of 0.14% year-on-year, and electricity sales of 24,870 million kWh, up 5.39%, achieving 93.85% of the annual plan[33]. - The company's thermal sales reached 1,974 million GJ, a 19.20% increase, completing 127.35% of the annual plan, primarily due to the acquisition of Harbin Taiping Heating Co., Ltd.[33]. - The company's thermal power generation in 2021 was 4.07 billion kWh, consistent with the previous year, while the national thermal power generation reached 57.703 billion kWh[68]. - The company's heating volume in 2021 was 1,974 million gigajoules, representing a market share of 0.41% of the national heating volume[72]. - The company faced challenges in 2021 due to rising coal prices and government regulations on heating prices, which led to a sharp decline in profits[75]. Business Segments and Revenue Sources - The revenue from the thermal power business was 164,445.75 million yuan, a decrease of 1.56% from the previous year, while the total profit dropped by 91.06% to 817.56 million yuan[33]. - Jianghai Securities reported total operating revenue of 1.287 billion yuan, a decrease of 30.98%, but net profit increased by 48.12% to 195 million yuan due to effective risk management[34]. - The brokerage business generated revenue of 436 million yuan, down 10.41%, while the investment banking segment saw a revenue decline of 42.96% to 232 million yuan[37][38]. - The asset management business reported total scale of 8.317 billion yuan, with a revenue drop of 37.91% to 25 million yuan due to regulatory impacts[39]. - The self-operated business achieved revenue of 445 million yuan, a decrease of 14.69%, while credit business revenue increased by 85.92% to 114 million yuan[40][43]. Strategic Focus and Future Plans - The company aims to optimize its revenue structure and profitability by promoting coordinated development across various business lines[80]. - The company plans to enhance its service capabilities by integrating brokerage, asset management, and investment banking services[89]. - The company is focusing on expanding its market presence and exploring new strategies for growth[106]. - The company plans to enhance its thermal power business and optimize heating resource integration to improve profitability amid challenges from aging equipment and high coal prices[171]. - The company is actively pursuing mergers and acquisitions to enhance its asset allocation capabilities and expand its market presence[176]. - The company aims to strengthen its competitive edge in the heating and power generation business through asset integration and resource sharing[85]. Challenges and Risks - The company faces risks related to coal price fluctuations, which significantly impact profitability, as coal costs constitute a large portion of total production costs[191]. - The company is also exposed to policy changes that could increase heating costs due to new regulations mandating higher indoor temperatures[192]. - The company must address the risk of aging infrastructure, as the operational lifespan of its heating facilities is nearing its limit, necessitating government support for extensions[196]. - The company is facing challenges such as increased competition from both domestic and foreign financial institutions, which may impact the performance of smaller brokerages[177].

Financial Performance - Total operating revenue for Q1 2022 was ¥889,696,676.61, a decrease of 5.16% compared to the same period last year[5] - Net profit attributable to shareholders was -¥477,163,394.27, with a basic and diluted earnings per share of -¥0.23[5] - The decrease in net profit was primarily due to rising coal prices impacting operating costs and reduced fair value gains from the subsidiary Jianghai Securities[11] - Jianghai Securities reported total operating revenue of ¥24,255,000 and a net profit attributable to the parent of -¥42,203,000 for the reporting period[11] - The company reported a net profit of CNY 1,574,894,573.31 for Q1 2022, down from CNY 2,052,057,967.58 in Q1 2021, a decrease of 23.2%[27] - The company reported a net loss of approximately ¥499.92 million for the first quarter of 2022, compared to a net loss of ¥95.67 million in the same period of 2021, representing an increase in losses of over 421%[31] - Total revenue from operating activities decreased to approximately ¥130.68 million, down from ¥142.36 million year-over-year, reflecting a decline of about 8.5%[33] - The company’s total comprehensive loss for the quarter was approximately ¥665.07 million, compared to a loss of ¥354.83 million in the same quarter of 2021, indicating a deterioration of about 87.5%[31] - Basic and diluted earnings per share were both reported at -¥0.23, compared to -¥0.04 in the previous year, reflecting a decline in shareholder value[33] Cash Flow and Liquidity - Net cash flow from operating activities was -¥822,651,143.98, reflecting a significant cash outflow[5] - The company experienced a significant increase in operating cash outflow, totaling approximately ¥1.98 billion, compared to an inflow of ¥1.44 billion in the previous year[35] - Investment activities resulted in a net cash outflow of approximately ¥54.07 million, worsening from a net outflow of ¥9.12 million in the same quarter of 2021[35] - Financing activities generated a net cash inflow of approximately ¥858.55 million, a substantial improvement compared to a net outflow of ¥319.97 million in the prior year[35] - Cash and cash equivalents at the end of the period stood at approximately ¥8.23 billion, slightly down from ¥8.52 billion at the end of the previous year[35] - The company's cash and cash equivalents decreased to CNY 4,166,967,433.03 from CNY 4,128,278,218.71, a decline of 0.9%[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥35,857,430,644.45, down 3.29% from the end of the previous year[5] - The company's total assets decreased to CNY 35,857,430,644.45 from CNY 37,076,409,824.35, a decline of 3.3%[27] - Total liabilities decreased to CNY 23,155,384,995.40 from CNY 23,709,289,543.16, reflecting a reduction of 2.3%[27] - Shareholders' equity attributable to the parent company decreased by 4.84% to ¥12,620,422,336.39[5] - Shareholders' equity decreased to CNY 12,702,045,649.05 from CNY 13,367,120,281.19, a decline of 5.0%[27] - The company’s total non-current liabilities increased to CNY 5,151,726,802.64 from CNY 4,591,959,283.32, an increase of 12.2%[27] Investments and Subsidiaries - The company completed the acquisition of 100% equity in Taiping Heating in September 2021, which has been included in the financial statements since Q3 2021[8] - The company has provided guarantees totaling 385,000,000 RMB for its subsidiary, Heilongjiang Suibao Thermal Power Co., Ltd.[19] - The company has a total of 1,310,984,965.74 RMB in other debt investments as of March 31, 2022[22] - The company’s total equity investments remained stable at 267,231,249.91 RMB[22] Shareholder Information - Total number of common stock shareholders at the end of the reporting period was 57,758, with the largest shareholder holding 36.96% of shares[15] Other Financial Metrics - Non-operating income for the period included government subsidies amounting to ¥8,204,528.05[9] - The weighted average return on net assets was -3.69% for the reporting period[5] - The total amount of entrusted loans at the end of the reporting period was 50,000,000 RMB, with an annualized return rate of 4.35%[18] - The company recorded a significant investment income of approximately ¥137.80 million, a turnaround from an investment loss of ¥218.51 million in the previous year[31] - The company reported a foreign exchange loss of approximately ¥122.96 thousand, contrasting with a gain of ¥129.91 thousand in the same quarter of 2021[31]

Financial Performance - Total operating revenue for Q3 2021 was CNY 412,674,028.52, a decrease of 16.55% compared to the same period last year[8]. - Net profit attributable to shareholders was CNY 74,509,896.35, down 47.00% year-on-year[8]. - The basic earnings per share decreased by 42.86% to CNY 0.04[8]. - The company reported a decrease of 63.65% in net profit attributable to shareholders after deducting non-recurring gains and losses[12]. - Total revenue for the first three quarters of 2021 was approximately ¥1,983.28 million, a decrease of 13.5% compared to ¥2,293.98 million in the same period of 2020[31]. - Operating income for the first three quarters of 2021 was approximately ¥1,056.63 million, slightly up from ¥1,050.24 million in the previous year, indicating a growth of 0.3%[31]. - Net profit attributable to shareholders for the first three quarters of 2021 was approximately ¥2,017.84 million, an increase from ¥1,874.52 million in the previous year, reflecting a growth of 7.6%[30]. - The net profit for the current period is CNY 180,688,842.13, a decrease of 11.5% compared to CNY 204,415,581.18 in the previous period[33]. - The total profit for the current period is CNY 231,879,992.33, down from CNY 273,017,165.21, reflecting a decline of 15.1%[33]. - The operating profit for the current period is CNY 208,791,946.76, which is a decrease of 23.5% from CNY 272,916,795.17 in the previous period[33]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 30,824,087,585.84, reflecting a decrease of 12.22% from the previous year[8]. - As of September 30, 2021, the company's total assets amounted to RMB 30.8241 billion, a decrease from RMB 35.1162 billion at the end of 2020[22]. - The company's current assets totaled RMB 24.4744 billion, down from RMB 28.2303 billion at the end of 2020[22]. - Total liabilities decreased to approximately ¥17,454.81 million from ¥21,250.66 million, a reduction of 17.5%[30]. - The total equity attributable to shareholders decreased to approximately ¥13,277.51 million from ¥13,750.90 million, a decline of 3.4%[30]. - The company's total assets decreased to approximately ¥30,824.09 million from ¥35,116.17 million, a decline of 12.1%[30]. - The total liabilities increased, with short-term borrowings remaining at 1,651,048,903.63 RMB, unchanged from the previous period[42]. - The non-current liabilities totaled approximately ¥7.61 billion, a decrease of ¥22.67 million from the previous period[45]. - The current liabilities amounted to approximately ¥13.65 billion, with a decrease of ¥27.56 million compared to the previous period[45]. Cash Flow - The net cash flow from operating activities was CNY 524,525,239.41, a decrease of 12.14% compared to the previous year[8]. - The cash flow from operating activities for the current period is CNY 524,525,239.41, compared to CNY 597,000,966.74 in the previous period, indicating a decline of 12.1%[36]. - The cash inflow from operating activities totaled CNY 1,164,379,206.69, a significant increase from CNY -304,358,475.98 in the previous period[36]. - The cash outflow from operating activities is CNY 639,853,967.28, compared to CNY -901,359,442.72 in the previous period, indicating improved cash management[36]. - The net cash flow from investing activities was -230,959,301.95 RMB, compared to -118,028,586.02 RMB in the previous period, indicating a decline of approximately 95.5%[39]. - The cash inflow from financing activities was 827,890,000.00 RMB, significantly lower than 6,328,801,087.89 RMB in the previous period, indicating a decrease of about 87.9%[39]. - The cash outflow from financing activities totaled 2,751,259,297.95 RMB, down from 7,241,180,705.77 RMB, reflecting a decrease of approximately 62.0%[39]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Harbin Taiping Heating Co., Ltd. during the reporting period, impacting the financial statement consolidation scope[8]. - The company completed the acquisition of 100% equity of Taiping Heating held by its controlling shareholder, Harbin Investment Group, which contributed revenue of RMB 8.9483 million and a net loss of RMB 9.9475 million for the period from July to September 2021[19]. - The company recognized asset impairment provisions totaling RMB 122.8264 million for the period from July to September 2021, with RMB 122.9012 million allocated for expected credit loss on other receivables[20]. - Jianghai Securities, a wholly-owned subsidiary, reported total revenue of RMB 459.4122 million and a net profit attributable to the parent company of RMB 127.7592 million for the period from July to September 2021[20]. - For the first nine months of 2021, Jianghai Securities achieved total revenue of RMB 961.5928 million and a net profit attributable to the parent company of RMB 149.8573 million[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 62,866[13]. - The company reported an undistributed profit of approximately ¥1.87 billion, a decrease of ¥2.2 million from the previous period[48].

Financial Performance - Total operating income for the first half of 2021 was CNY 1,370,068,969.44, a decrease of 13.96% compared to the same period last year[23] - Net profit attributable to shareholders of the listed company reached CNY 111,693,134.60, an increase of 70.98% year-on-year[23] - The net cash flow from operating activities was CNY 265,782,659.23, down 74.88% from the previous year[23] - The total assets at the end of the reporting period were CNY 30,835,502,022.79, a decrease of 9.63% compared to the end of the previous year[23] - The net asset attributable to shareholders of the listed company was CNY 13,484,315,902.01, a decrease of 0.71% from the previous year[23] - Basic earnings per share for the first half of 2021 was CNY 0.05, an increase of 66.67% year-on-year[24] - The weighted average return on net assets increased by 0.34 percentage points to 0.83%[24] - The total revenue for the reporting period was 52,131,287.81 RMB, reflecting a year-on-year increase of 9.31%[52] - The total cost of thermal power was 50,041,328.74 RMB, which is a decrease of 1.96% compared to the previous year[54] - The securities business reported total operating revenue of CNY 502 million, a decrease of 32.98% year-on-year, while net profit increased by 0.27% to CNY 22 million[80] Operational Metrics - The company's total installed capacity remains at 99 MW, unchanged from the previous year[33] - Total electricity generation increased by 1.79% to 24,453,000 MWh compared to 24,023,000 MWh in the same period last year[44] - The electricity sales volume rose by 1.91% to 14,477,000 MWh, up from 14,206,000 MWh year-on-year[47] - The company's heating supply decreased by 12.82% to 830,000 GJ due to fewer heating days this year compared to the previous year[45] - The steam sales volume increased by 4.23% to 15.03 million tons, driven by higher demand from steam users[46] - The company's power plant's electricity consumption rate improved to 5.72%, an increase of 0.35% from the previous year[43] - The company currently operates 23 boilers, a decrease of 3 units from the previous year due to the retirement of older equipment[40] - The company has maintained a stable number of 9 generating units, with no changes from the previous year[36] Market and Regulatory Environment - The company faces increasing heating costs due to rising coal prices and environmental regulations, impacting profitability in the heating sector[32] - The new regulations from the People's Bank of China aim to enhance liquidity management for securities companies, presenting both opportunities and challenges[61] - The recent policy changes in the heating sector may increase the company's heating costs, impacting profitability[55] - From March 1, 2021, the company is no longer allowed to charge construction and supporting fees for centralized heating, directly impacting the revenue from network connection fees[120] - The provincial government plans to increase the heating temperature from 18°C to 20°C, which will raise the company's heating costs and affect profitability[120] Risk Management - The company implemented a comprehensive risk management system and improved internal control measures to enhance risk prevention capabilities[85] - The company has established a major risk reporting mechanism to effectively control significant risks identified during the risk assessment process[85] - The company plans to continue enhancing its internal control management capabilities and risk management systems in line with regulatory requirements[85] - The company has established a dual credit risk management mechanism to mitigate credit risks associated with derivative and financing businesses, including customer credit ratings and collateral management[121] - A comprehensive liquidity risk management system is in place, including capital management, stress testing, and emergency liquidity plans to address potential liquidity needs[121] - Market risk is managed through a limit management system, focusing on stock price and interest rate risks, with daily monitoring of risk limits[124] Environmental Compliance - The company operates three 130t/h coal-fired steam boilers, which have undergone dust removal, desulfurization, and denitrification modifications, ensuring compliance with ultra-low emission standards for nitrogen oxides, sulfur dioxide, and particulate matter[145] - The annual emission limits as per the pollution discharge permit are set at 290.76 tons/year for particulate matter, 1213.05 tons/year for sulfur dioxide, and 1538.99 tons/year for nitrogen oxides[138] - The company has six online monitoring emission outlets, with a total of 6 monitoring points across different plants, ensuring continuous emission tracking[139] - The company has implemented SCR denitrification upgrades in 2018, enhancing its ability to meet stringent emission requirements[145] - The company has established a robust environmental protection framework, including advanced pollution control facilities across its operations[145] - The company has received environmental impact assessment approvals for multiple projects, including the construction of new boilers and upgrades to existing systems[156] - The company has a commitment to environmental responsibility, with quarterly monitoring of emissions data conducted by a third-party agency[162] Community and Social Responsibility - Jianghai Securities has successfully helped four regions achieve poverty alleviation, with ongoing support for local businesses, including purchasing 700 boxes of local products worth 84,000 CNY[169] - Jianghai Securities is committed to energy conservation, advising employees to set air conditioning above 26°C and to turn off equipment when not in use[167] - The company promotes a paperless operation strategy, encouraging double-sided printing and the use of an OA office system to minimize paper consumption[167] - Jianghai Securities is actively involved in financing support for new agricultural entities through various debt instruments to enhance direct financing capabilities[172] Legal and Compliance Issues - Jianghai Securities reported a litigation amount of 40 million RMB related to a real estate contract dispute, with a judgment to return this amount plus interest[179] - The company is involved in a contract dispute with Shenzhen Xinlian Technology Co., with a litigation amount of 100 million RMB, and a first-instance judgment requiring repayment of this amount plus interest and penalties[179] - Jianghai Securities has ongoing arbitration disputes with multiple parties regarding stock pledge business, with various announcements made from 2018 to 2021[178] - The company has received a notice regarding the debt extension arrangement from Yiyang Group, which has successfully undergone bankruptcy reorganization, with a debt amount of 60,241,600 RMB to be repaid over five years[178] - Jianghai Securities Co., Ltd. is involved in multiple legal disputes, with amounts involved including 15,000 million and 56,000 million related to arbitration cases[183]

2021 年第一季度报告 公司代码：600864 公司简称：哈投股份 哈尔滨哈投投资股份有限公司 2021 年第一季度报告 1 / 22 2021 年第一季度报告 一、 重要提示............................................................................................................. 3 二、 公司基本情况...................................................................................................... 3 三、 重要事项............................................................................................................. 4 四、 附录......................................................................... ...

Financial Performance - Total operating income for 2020 was approximately RMB 2,957 million, a slight increase of 0.12% compared to 2019[27] - Net profit attributable to shareholders of the listed company decreased by 23.30% to approximately RMB 188 million in 2020[27] - Basic earnings per share decreased by 25.00% to CNY 0.09 in 2020 from CNY 0.12 in 2019[28] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of approximately RMB -60.13 million in 2020, a significant decrease of 131.82% compared to 2019[27] - The net profit attributable to shareholders was CNY -27,123,784.69 in Q4 2020, a significant decline compared to CNY 150,301,259.28 in Q3 2020[31] - The company reported a net profit of CNY -254,571,207.04 after deducting non-recurring gains and losses in Q4 2020[31] - The weighted average return on equity (ROE) was 1.40% in 2020, down from 1.90% in 2019[28] - The company reported a net profit of CNY 1.58 billion in 2020, with a market share of 0.84‰, down from 1.51‰ in 2019[59] Dividend and Shareholder Returns - The cash dividend distribution plan for 2020 proposes a cash dividend of RMB 0.30 per 10 shares, totaling approximately RMB 62.42 million, representing a cash dividend ratio of 33.11%[6] - The company maintained its cash dividend policy without adjustments during the reporting period, adhering to the established profit distribution plan[199] Assets and Liabilities - The company's total assets decreased by 17.61% to approximately RMB 34,120 million at the end of 2020 compared to the end of 2019[27] - The net assets attributable to shareholders of the listed company increased by 1.73% to approximately RMB 13,581 million at the end of 2020[27] - The company's total assets at the end of the period were 34.14 billion yuan, with trading financial assets accounting for 31.46%[126] - Short-term borrowings increased by 137.48% year-on-year, reaching 1.63 billion yuan, due to the issuance of short-term income certificates by the subsidiary Jianghai Securities[127] Cash Flow - The net cash flow from operating activities for 2020 was approximately RMB 3,425 million, a decrease of 0.36% compared to 2019[27] - Net cash flow from operating activities decreased by 0.36% year-on-year, mainly due to net cash outflow from repurchase activities and reduced cash received from securities trading[123] - Net cash flow from investing activities increased, primarily due to cash inflows from the disposal of subsidiaries and other business units[123] - Net cash flow from financing activities increased, mainly due to higher cash outflows for debt repayment[123] Operational Performance - The company achieved a power generation of 40,659 million kWh, an increase of 1,131 million kWh or 2.86% year-on-year[72] - The total sales of electricity reached 23,597 million kWh, up by 840 million kWh or 3.69% compared to the previous year[72] - The revenue from the thermal power business was 1,310.03 million yuan, a growth of 3.7% year-on-year, while the main business cost increased by 5.76% to 1,082.65 million yuan[72] - The total profit of the thermal power segment was 67.36 million yuan, reflecting an increase of 8.67% year-on-year, but the net profit decreased by 3.90% to 57.44 million yuan[72] Securities and Investment Banking - The company operates in both thermal power and securities businesses, with a focus on maximizing economic benefits while fulfilling government heating obligations[36] - The company’s securities subsidiary, Jianghai Securities, has expanded its operations to include 76 branches, enhancing its market presence[37] - The investment banking business achieved a net income of 406 million yuan, highlighting its leading role in the market[43] - Jianghai Securities reported total operating revenue of 1.864 billion yuan, a year-on-year increase of 19.64%, while net profit decreased by 29.03% to 132 million yuan[74] Risk Management - The risk coverage ratio improved to 211.57% at the end of 2020, up from 193.69% at the end of 2019[11] - The liquidity coverage ratio improved to 300.18% at the end of 2020, compared to 227.37% at the end of 2019[11] - The company has established a dual credit risk management mechanism to mitigate credit risks associated with derivatives, margin financing, and bond trading[193] - The liquidity risk management system includes a unified management of customer and proprietary funds, with regular stress testing and sensitivity analysis to ensure liquidity needs are met at reasonable costs[193] Environmental and Regulatory Compliance - The company is committed to complying with environmental regulations, investing in pollution control measures, and adapting to government policies on coal usage[45] - The company has actively responded to government environmental requirements, investing in upgrades to meet ultra-low emission standards[154] - The company is investing in environmental upgrades to meet stricter emission standards, impacting operational costs and overall profitability[171] Strategic Initiatives - The company is focusing on wealth management transformation while enhancing customer service and business processing through internet integration[40] - The company aims to improve its financing and securities lending business scale and market share while managing dynamic risks[40] - The company plans to enhance product design capabilities and provide sustainable financial products to improve market competitiveness[107] - The company is exploring new financing channels through the expansion of investment banking services, including corporate bonds and asset securitization[173]

证券代码：600864 证券简称：哈投股份 公告编号：临2020-071 哈尔滨哈投投资股份有限公司 关于参加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,公司将参加由黑龙江省上市公 司协会、深圳市全景网络有限公司共同举办的"黑龙江省上市公司2020 年度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通过深圳市全景网络有限公司提供的互联网 平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net） 参与公司本次投资者网上集体接待日活动，时间为2020年11月12日（周 四）14:00至16:30。 届时公司副总经理、总会计师贾淑莉女士，副总经理、董事会秘书 张名佳先生将通过网络在线问答互动的形式，与投资者就公司治理、发 展经营情况、融资情况和可持续发展等投资者关注的问题进行交流。期 间，公司高管将全程在线，实时回答投资者的提问。欢迎广大投资者积 极参与。 特此公告。 哈尔滨哈投投资股份有限公司 2020 ...

Financial Performance - Net profit attributable to shareholders decreased by 63.68% to CNY 215,626,385.50 year-on-year[10] - Operating revenue for the first nine months was CNY 2,078,252,201.41, a decrease of 2.03% compared to the same period last year[10] - Basic earnings per share fell by 64.29% to CNY 0.10 compared to the same period last year[10] - The weighted average return on equity decreased by 2.94 percentage points to 1.63%[10] - The company reported a net profit of ¥834,510,411.21 for the first three quarters of 2020, compared to ¥795,709,074.32 for the same period in 2019, indicating a growth of about 4.9%[44] - The total profit for the first three quarters of 2020 was 194,214,906.34, down from 581,982,036.51 in the same period of 2019, indicating a decrease of about 66.7%[50] - The net profit for Q3 2020 was 139,245,745.19, compared to 78,653,471.87 in Q3 2019, representing an increase of approximately 77.2%[50] Cash Flow - Net cash flow from operating activities dropped by 76.18% to CNY 577,894,187.93 year-on-year[10] - The total cash flow from financing activities decreased by 110.58%, resulting in a net outflow of approximately RMB 917.64 million[22] - Cash received from sales of goods and services for the first three quarters of 2020 was CNY 482,439,372.74, compared to CNY 370,452,274.14 in the same period of 2019, reflecting a growth of 30.2%[56] - The net increase in cash and cash equivalents for the first three quarters of 2020 was -¥383,473,254.15, compared to an increase of ¥1,916,042,917.20 in 2019[62] - Cash paid for operating activities totaled ¥1,202,518,111.02 in 2020, significantly lower than ¥2,632,647,642.67 in 2019, indicating improved cash management[60] Assets and Liabilities - Total assets decreased by 10.73% to CNY 36,968,752,514.49 compared to the end of the previous year[10] - The company's total current assets were CNY 31,911,299,429.90 as of September 30, 2020, down from CNY 35,043,846,215.95 at the end of 2019, indicating a decrease of about 8.1%[36] - The total liabilities decreased to CNY 23,709,671,485.62 from CNY 27,908,107,198.97, a reduction of approximately 15.1%[38] - The company's total liabilities to equity ratio improved to approximately 1.80 as of September 30, 2020, compared to 2.07 at the end of 2019, indicating a reduction in financial leverage[38] - Total liabilities amounted to approximately ¥27.91 billion, with non-current liabilities totaling around ¥4.33 billion[69] Shareholder Information - The total number of shareholders at the end of the reporting period was 58,709[12] - The largest shareholder, Harbin Investment Group Co., Ltd., holds 36.96% of the shares[12] Operational Metrics - Operating income increased by 4.88% to CNY 834,510,411.21, driven by an increase in heating area and bulk heating sales[18] - Total operating costs for the first nine months of 2020 were CNY 2,238,445,689.42, a decrease of 3.97% compared to the previous year[18] - The company reported a significant increase in operating costs, which rose to CNY 19,897,576.40 in Q3 2020 from CNY 17,667,350.73 in Q3 2019, an increase of 13.8%[54] Investment and Capital Expenditures - Capital expenditures for various projects totaled approximately RMB 202.34 million, with significant progress reported in ongoing projects[29] - The company plans to continue its investment in new projects, including upgrades to existing facilities and new construction initiatives[29] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 4,659,170.44 for the current period[12] - The company reported a significant increase in credit impairment losses by 105.56%, amounting to approximately RMB 128.55 million[19] - The fair value changes in financial assets resulted in a decrease of 48.26%, leading to a loss of approximately RMB 277.71 million[19]