Financial Performance - The net profit attributable to the company for 2023 is RMB 865,207,128.31, after deducting the statutory surplus reserve of RMB 64,195,627.55 and adding the undistributed profit at the beginning of the year of RMB 5,075,506,443.79[3] - The actual distributable profit for shareholders in 2023 is RMB 5,650,377,740.31, with a proposed cash dividend of RMB 1.66 per 10 shares, totaling RMB 260,689,402.11, which accounts for 30.13% of the distributable profit[3] - The company has received a standard unqualified audit report from PricewaterhouseCoopers Zhong Tian LLP, affirming the accuracy of the financial statements[3] - The company did not propose any capital reserve conversion to increase share capital for the year 2023, indicating a focus on cash dividends instead[3] - The company's operating revenue for 2023 was RMB 466,508.30 million, an increase of 3.16% compared to RMB 452,216.70 million in 2022[20] - Net profit attributable to shareholders for 2023 was RMB 86,520.70 million, up from RMB 75,125.40 million in 2022, reflecting a growth of 15.17%[20] - The net cash flow from operating activities for 2023 was RMB 99,201.50 million, representing an 8.77% increase from RMB 91,205.10 million in 2022[20] - Total assets at the end of 2023 reached RMB 2,446,065.40 million, a 6.49% increase from RMB 2,296,967.40 million at the end of 2022[20] - The net assets attributable to shareholders at the end of 2023 were RMB 912,217.70 million, up 7.58% from RMB 847,947.30 million at the end of 2022[20] - Basic earnings per share for 2023 were RMB 0.55, compared to RMB 0.51 in 2022, marking an increase of 7.84%[21] Governance and Compliance - The company has confirmed no non-operational fund occupation by controlling shareholders or related parties, ensuring financial integrity[4] - The company has not reported any major risk warnings or violations of decision-making procedures regarding external guarantees, reflecting stable governance practices[4] - The company has established a clear governance framework to ensure accountability and transparency in its operations, aligning with regulatory standards[82] - The board of directors consists of 9 members, with the current term ending on September 8, 2025[85] - The company has revised its governance structure and internal regulations to ensure compliance with regulatory requirements and protect shareholder interests[81] - The company emphasizes the importance of legal compliance and risk management, particularly in relation to government payment obligations and potential defaults on service fees[76] - The company has established a comprehensive risk management framework to identify, analyze, and respond to various policy risks and operational challenges[78] Strategic Development - The company plans to focus on external project development funding arrangements for 2024, indicating ongoing investment in growth[3] - The company remains in a development phase, suggesting potential for future growth and expansion in environmental protection projects[3] - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[20] - The company aims to develop a new business model integrating five core services: wastewater, reclaimed water, sewage source heat pumps, sludge, and photovoltaic energy storage[59] - The company is committed to becoming a leading professional service provider in the water treatment and resource utilization sector by the end of the 14th Five-Year Plan[69] - The company will continue to focus on the water industry, expanding through a strategy of "one body and two wings," with water treatment and resource utilization as the core and new energy development and sludge treatment as the wings[69] Environmental Management - The company achieved a cumulative reduction of environmental pollutants, including a reduction of COD by approximately 390,000 tons, total nitrogen by about 53,500 tons, ammonia nitrogen by around 52,500 tons, and total phosphorus by approximately 6,600 tons, contributing significantly to water body environmental management[194] - The company has established emergency response plans for sudden environmental incidents, which have been reviewed and filed with local environmental protection bureaus[197] - The company conducted environmental self-monitoring in accordance with national requirements, with monitoring results publicly disclosed on local environmental information monitoring platforms[198] - The company’s wastewater treatment projects have passed the necessary environmental impact assessments and received approvals from environmental protection departments[196] Shareholder Engagement - The total cash dividends proposed for 2023 are subject to approval at the annual general meeting, highlighting the importance of shareholder engagement[3] - The company’s profit distribution policy must be approved by at least two-thirds of the voting rights at the shareholders' meeting[149] - The company will consider the opinions of shareholders, especially minority shareholders, during the decision-making process for profit distribution[150] - The company has established a mechanism for small and medium shareholders to express their opinions and participate in decision-making processes regarding profit distribution[155] Research and Development - The company completed 47 authorized patents in 2023, including 9 invention patents and 38 utility model patents[40] - R&D expenses increased by 21.87% to RMB 5,306.20 million, reflecting higher investments in research and development[45] - The total R&D investment for the period was RMB 5,306.20 million, representing 1.14% of operating revenue[55] - Research and development investment for 2024 is planned to be no less than 1.25% of annual operating revenue, focusing on new processes and applied technologies in wastewater treatment, sludge treatment, and new energy[72] Operational Efficiency - The company effectively coordinated financing efforts, reducing financing costs and strengthening accounts receivable management during the reporting period[33] - The company has established five regional development platforms to enhance operational efficiency and management effectiveness[31] - The company implemented a new salary performance system aimed at aligning employee compensation with economic performance[30] - The company is committed to enhancing its operational management through standardized practices, staff training, and improved technical control to mitigate production risks[79] Risk Management - The company is facing operational risks due to the need for wastewater treatment plants to upgrade to meet new environmental standards, which may lead to increased operational and renovation costs[75] - The company recognizes the risk of government credit affecting cash flow, as wastewater treatment service fees are primarily sourced from government accounts[73] - The company is actively monitoring changes in the legal environment that could negatively impact its operations and financial stability[76] Corporate Governance - The company has established a performance evaluation mechanism for senior management, linking their annual salary to the completion of personal and overall business performance goals[185] - The company has a shareholding management system that limits the transfer of shares by directors and senior management to 25% of their total holdings annually[83] - The company has implemented measures to strengthen communication with local governments and regulatory bodies to enhance operational efficiency[79] - The company has established a cash dividend policy that prioritizes cash dividends over stock dividends, ensuring a clear and transparent decision-making mechanism[145]

二零二三年環境、社會及管治報告 目錄 | 年度表現摘要 | 2 | | --- | --- | | 關於本報告 | 3 | | 報告範圍 | 3 | | 報告準則 | 7 | | 確認及批准 | 7 | | 意見反饋 | 7 | | 專題報導 | 8 | | 穩健的經營管理 | 11 | | 可持續發展管理 | 11 | | 利益相關方參與 | 14 | | 多元的人才團隊 | 17 | | 安全且高效的運營 | 18 | | 合規及誠信的企業原則 | 24 | | 持續的環境優化 | 27 | | 環境管理 | 27 | | 綠色的日常運營 | 28 | | 共同的社會發展 | 32 | | 員工成長 | 32 | | 價值鏈共贏 | 34 | | 社會公益 | 35 | | 關鍵績效指標概覽 | 38 | | HKEx 《環境、社會及管治報告指引》及GRI準則內容索引 | 43 | 天津創業環保集團股份有限公司 二零二三年環境、社會及管治報告 1 二零二三年環境、社會及管治報告 二零二三年環境、社會及管治報告 年度表現摘要 5,589噸二氧化碳當量╱ 個運營點 溫室氣體密度 116,518小時 總培訓時數 ...

中信证券股份有限公司 关于天津创业环保集团股份有限公司 非公开发行 A 股股票持续督导 保荐总结报告书 保荐人编号：Z20374000 申报时间：2024 年 4 月 | 发行人名称 | 天津创业环保集团股份有限公司 | | --- | --- | | 法定代表人 | 唐福生 | | A 股证券简称 | 创业环保 | | A 股证券代码 | 600874 | | 上市交易所 | 上海证券交易所 | | 注册资本 | 元 1,570,418,085 | | 注册地址 | 天津市南开区卫津南路 76 号创业环保大厦 12 层 | | 办公地址 | 天津市南开区卫津南路 76 号创业环保大厦 | | 邮政编码 | 300381 | | 网址 | www.tjcep.com | | 电子信箱 | tjcep@tjcep.com;guo_fx@tjcep.com;cosec@tjcep.com;niu_bo@tjcep.com | 一、发行人基本情况 二、本次发行情况概述 经中国证券监督管理委员会《关于核准天津创业环保集团股份有限公司非公 开发行股票的批复》（证监许可［2022］1122 号）核准，并经上海证券交易所同 ...

中信证券股份有限公司 关于天津创业环保集团股份有限公司 2023年度持续督导报告书 | 上市公司：天津创业环保集团股份有限公司（以下简称"创业环保"、"公司"） | | | --- | --- | | 保荐人名称：中信证券股份有限公司（以下简称"中信证券"或"保荐人"） | | | 保荐代表人姓名：马滨 | 联系电话：010-60838867 | | 保荐代表人姓名：葛馨 | 联系电话：021-20262063 | 经中国证券监督管理委员会《关于核准天津创业环保集团股份有限公司非公 开发行股票的批复》（证监许可［2022］1122 号）核准，并经上海证券交易所 同意，公司于 2022 年 9 月 19 日向特定对象非公开发行人民币普通股（A 股） 143,189,655 股，每股发行价格为 5.80 元，募集资金总额为 830,499,999.00 元， 扣除各类发行费用之后实际募集资金净额 810,756,564.92 元。普华永道中天会计 师事务所（特殊普通合伙）于 2022 年 9 月 20 日对天津创业环保集团股份有限公 司向特定对象非公开发行人民币普通股（A 股）的资金到位情况进行了审验，并 出具了 ...

中信证券股份有限公司 关于天津创业环保集团股份有限公司 2023 年度持续督导工作现场检查报告 根据《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等有 关法律、法规的规定，中信证券股份有限公司（以下简称"中信证券"或"保荐 人"）作为正在对天津创业环保集团股份有限公司（以下简称"创业环保""公司" "上市公司"）进行持续督导工作的保荐人，对 2023 年度（以下简称"本持续督 导期间"）的规范运作情况进行了现场检查，现就现场检查的有关情况报告如下： 一、本次现场检查的基本情况 （一）保荐人 中信证券股份有限公司 （二）保荐代表人 马滨、葛馨。 （三）现场检查人员 葛馨、凌陶、林伟。 （四）现场检查时间 2024 年 3 月 26 日。 （五）现场检查内容 现场检查人员对本持续督导期内发行人公司治理和内部控制情况、信息披露 情况、公司的独立性以及与控股股东、实际控制人及其他关联方资金往来情况、 募集资金使用情况、关联交易、对外担保、重大对外投资情况、经营状况等方面 进行了现场检查，具体检查内容详见本报告"二、本次现场检查主要事项及意见"。 （六）现场检查手段 1 本次现场检查的手段主要包括资料查 ...

债券代码：188867 债券简称：21 津创 01 证券代码：600874 股票简称：创业环保 公告编号：临 2024-024 天津创业环保集团股份有限公司 关于对天津佳源盛创新能源科技有限公司贷款 提供担保的公告 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: 一、担保情况概述 （一）担保基本情况 天津创业环保集团股份有限公司（以下简称"本公司"或"公司"）全资子 公司天津佳源盛创新能源科技有限公司（以下简称"佳源盛创公司"）成立于 2015 年 7 月，注册资本 5,400 万元，主要从事节能环保、新能源技术开发、咨询、服 务、转让、物业管理、供冷服务、供热服务等。 2016 年 5 月，佳源盛创公司与天津市城乡建设委员会（现天津市住房和城 乡建设委员会）签订特许经营协议，负责投资运营天津侯台风景区 2#能源站项 目（以下简称"该项目"）的投资、建设运营工作，特许经营期限为 30 年。该项 目总投资 18,348 万元，为保证该项目正常实施，佳源盛创公司拟向银行申请提 取贷款不超过 11,500 万元 ...

Investment Rating - The investment rating for the company is adjusted to "Accumulate" [7] Core Views - The company achieved a revenue of 4.67 billion yuan in 2023, a year-on-year increase of 3.2%, and a net profit attributable to shareholders of 0.87 billion yuan, up 15.2% year-on-year [1][4] - The comprehensive gross profit margin increased by 5.1 percentage points to 39.0%, primarily due to a decrease in PPP project volume and strict cost control in wastewater treatment [1] - The company is focusing on the synergistic development of wastewater operations and distributed photovoltaic projects, which has positively impacted operating cash flow [5] Financial Performance Summary - In 2023, the company generated a net cash flow from operating activities of 0.99 billion yuan, an increase of 8.8% year-on-year, with cash received from sales of goods and services amounting to 3.89 billion yuan, up 6.7% [2] - The revenue breakdown by business for 2023 includes: - Wastewater: 3.38 billion yuan, up 5.8% year-on-year, with a gross margin of 42.9% [1] - Reclaimed water: 0.43 billion yuan, up 11.0% year-on-year, with a gross margin of 41.0% [1] - Cooling and heating supply: 0.25 billion yuan, up 2.3% year-on-year, with a gross margin of 13.3% [1] - Hazardous waste disposal: 0.16 billion yuan, down 33.7% year-on-year, with a gross margin of -0.2% [1] Future Profit Forecast - The forecast for net profit attributable to shareholders for 2024-2026 is 0.87 billion, 0.95 billion, and 1.05 billion yuan, representing year-on-year growth of 1.01%, 8.12%, and 11.28% respectively [3] - The diluted EPS for the same period is projected to be 0.56, 0.60, and 0.67 yuan, with corresponding P/E ratios of 9.85, 9.11, and 8.18 [3][6]

Financial Performance - The basic earnings per share for 2023 is CNY 0.55, an increase of 7.84% compared to CNY 0.51 in 2022[23] - The diluted earnings per share for 2023 is also CNY 0.55, reflecting the same growth as the basic earnings per share[23] - The basic earnings per share after deducting non-recurring gains and losses is CNY 0.50, up 11.11% from CNY 0.45 in 2022[23] - The weighted average return on net assets for 2023 is 9.89%, a slight increase of 0.01 percentage points from 9.88% in 2022[23] - The weighted average return on net assets after deducting non-recurring gains and losses is 8.95%, an increase of 0.17 percentage points from 8.78% in 2022[23] - The company reported a total revenue of 231,553,120 RMB from the top five customers, representing 49.64% of total annual sales[39] - The total profit reached RMB 1,106.21 million, reflecting a growth of 14.12% year-on-year[47] - Net profit attributable to the parent company was RMB 865.21 million, up by 15.17% from the previous year[47] - The net profit after deducting non-recurring gains and losses was RMB 77,874.20 million, reflecting a 17.34% increase from RMB 66,366.20 million in 2022[78] - The total assets at the end of 2023 were RMB 2,446,065.40 million, a 6.49% increase from RMB 2,296,967.40 million at the end of 2022[78] Revenue and Costs - The company's operating revenue for the period was 466,508.30 million, an increase of 3.16% compared to 452,216.70 million in the same period last year[31] - Operating costs decreased by 4.74%, from 298,603.80 million to 284,451.70 million[31] - The increase in operating revenue was primarily due to higher settlement water volume from existing projects and new projects coming online, contributing to the sewage treatment business[47] - Operating costs decreased due to lower construction service costs from PPP projects and strict cost control measures[47] - The total cost for wastewater treatment and facility construction was 193,087,000 RMB, accounting for 72.72% of total costs, a decrease of 6.8% compared to the previous year[37] Research and Development - Research and development expenses increased by 21.87%, reaching 5,306.20 million compared to 4,353.90 million in the previous year[31] - Research and development expenses increased due to higher investments in human resources and materials[47] - The company plans to invest no less than 1.25% of its annual operating revenue in R&D for 2024, focusing on new technologies in wastewater treatment, sludge treatment, and renewable energy[135] Operational Efficiency - The company aims to achieve a 25% utilization rate of recycled water in cities with water shortages by 2025, as part of the new policy initiatives[27] - The company plans to enhance its digital transformation by integrating IoT platforms across all five regional wastewater treatment plants[29] - The company continues to enhance project operation management to improve operational quality and control costs[50] - The company is focused on digital transformation and low-carbon operations in wastewater treatment plants to improve operational efficiency[134] - The company is enhancing its internal control and risk management systems, ensuring compliance with corporate governance standards[141] Market and Growth Strategy - The company is committed to becoming a leading service provider in water treatment and resource utilization by the end of the 14th Five-Year Plan, with a focus on the Tianjin area and major river basins[134] - The company recognizes the significant growth potential in the photovoltaic power generation sector, driven by increasing national electricity demand and decreasing costs of solar power[133] - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[161] - A strategic acquisition was completed, adding $150 million in annual revenue and expanding the company's service offerings[161] Governance and Compliance - The company held 18 board meetings and 3 shareholder meetings during the reporting period[153] - The company ensures compliance with listing rules and corporate governance codes through regular training and updates for directors[153] - The company has implemented ongoing training for its board members to deepen their understanding of relevant laws and industry developments[154] - The company is committed to transparency in its governance practices, with all committee meetings documented and accessible for review[156] Risk Management - The company faces risks related to government credit, which is crucial for cash flow recovery in wastewater treatment projects[152] - Comprehensive risk management measures are being implemented to identify and respond to various policy risks[152] - The company emphasizes the importance of strengthening legal compliance to protect its interests in contracts[152] - Maintaining smooth communication with local governments and regulatory bodies is deemed essential for operational success[152] Shareholder Engagement - The company emphasizes accurate and timely information provision to investors, enhancing communication through effective channels[170] - The company allows shareholders holding more than 10% of shares to request the board to convene a temporary shareholders' meeting[169] - The company’s board of directors actively engages in investor relations management, ensuring transparency and effective communication with shareholders[170]

Financial Performance - The company's operating revenue for 2023 was RMB 466,508.30 million, an increase of 3.16% compared to RMB 452,216.70 million in 2022[6]. - Net profit attributable to shareholders for 2023 reached RMB 86,520.70 million, reflecting a growth of 15.17% from RMB 75,125.40 million in the previous year[6]. - The net cash flow from operating activities was RMB 99,201.50 million, up 8.77% from RMB 91,205.10 million in 2022[6]. - Total assets as of the end of 2023 amounted to RMB 2,446,065.40 million, a 6.49% increase from RMB 2,296,967.40 million in 2022[6]. - The company's net assets attributable to shareholders increased by 7.58% to RMB 912,217.70 million from RMB 847,947.30 million in 2022[6]. - Basic earnings per share for 2023 were RMB 0.55, up from RMB 0.51 in 2022, marking an increase of 7.84%[7]. - Total profit reached RMB 110,621.00 million, reflecting a growth of 14.12% year-over-year[26]. - The company achieved operating revenue of RMB 466,508.3 million in 2023, an increase of 3.16% compared to the previous year[26]. - The company reported a decrease in contract liabilities from RMB 513,471 thousand in 2022 to RMB 411,780 thousand in 2023, a reduction of approximately 19.8%[76]. - The proposed cash dividend for 2023 is RMB 1.66 per 10 shares, totaling RMB 260,689,402.11, which represents 30.13% of the distributable profit[66]. Operational Developments - The company successfully expanded its wastewater treatment capacity by 27,000 tons per day and initiated construction on three new wastewater treatment plants during the year[11]. - The company achieved revenue of RMB 147 million from multiple light asset projects developed during the year[11]. - The company has established a market development incentive policy to enhance project sourcing capabilities and successfully launched several strategic projects[11]. - The company is focusing on optimizing operational management and cost control to enhance economic efficiency and development quality[10]. - The company is focusing on optimizing its management system and enhancing operational efficiency by restructuring its organizational framework and establishing five regional development platforms[13]. - The company is committed to advancing its technological capabilities and fostering innovation through a robust information-sharing system[14]. - The company launched 11 new environmental protection products and received 47 authorized patents in 2023[24]. - The company continues to enhance its operational efficiency and digital transformation, completing IoT platform integration for all five regional wastewater treatment plants[24]. Research and Development - R&D expenses increased by 21.87% to RMB 5,306.20 million, reflecting higher investments in research and development[27]. - The total R&D investment amounted to RMB 5,306.20 million, accounting for 1.14% of operating revenue[40]. - The company has 365 R&D personnel, representing 16.22% of the total workforce[41]. - The company plans to invest no less than 1.25% of annual operating revenue in R&D for new technologies in wastewater treatment and renewable energy[57]. Market and Industry Trends - In the renewable energy sector, the national installed capacity for solar power reached 60,949 MW in 2023, a year-on-year increase of 55.2%, while total installed capacity for wind power grew by 20.7% to 44,134 MW[17]. - The "14th Five-Year Plan" period is identified as a critical window for achieving carbon peak goals and developing new energy storage solutions, with a focus on market-oriented operations[18]. - The national energy policy aims to promote the consumption of renewable energy and enhance the credibility of green electricity certificates, which will benefit the solar power industry[17]. - The trend in the sludge and solid waste treatment sector is towards resource utilization, driven by technological innovation and cost reduction[53]. - The photovoltaic power generation sector is expected to continue growing, driven by increasing electricity demand and decreasing costs[52]. Financial Management and Risks - The company is actively working to reduce financing costs and improve accounts receivable management through a comprehensive budget management approach[15]. - The company faces risks related to government credit, as wastewater treatment fees are primarily sourced from government accounts, making them reliant on government financial health[58]. - The company is addressing operational management risks due to the need for upgrades in wastewater treatment plants to meet new standards[60]. - The company emphasizes the importance of legal compliance to mitigate risks associated with contract defaults and government payment delays[61]. - The company aims to enhance its risk management framework to identify and respond to various policy risks effectively[63]. Strategic Focus - The company aims to become a leading enterprise in the domestic water treatment and resource utilization sector by the end of the 14th Five-Year Plan[54]. - The strategic focus includes water treatment and resource utilization as the core, with new energy development and sludge and organic solid waste treatment as the two wings[54]. - The company plans to optimize its national layout by focusing on key regions such as Beijing-Tianjin-Hebei, Yangtze River Basin, Yellow River Basin, and Guangdong-Hong Kong-Macau Greater Bay Area[54]. - The company is committed to strengthening its management mechanism and optimizing its talent system through performance-based reforms[54]. - The company has conducted a mid-term evaluation of its development strategy and established a three-year action plan to implement its "14th Five-Year" strategic plan[55].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號 ： 1065） 有關股息分配的公告 天津創業環保集團股份有限公司（「本公司」）的董事（「董事」）會（「董 事會」）宣佈，經普華永道中天會計師事務所（特殊普通合夥）進行的審計工 作，2023年度歸屬於本公司的淨利潤為人民幣865,207,128.31元，減去根據《中 華人民共和國公司法》和本公司《公司章程》的有關規定提取的法定盈餘公積 金人民幣64,195,627.55元，加上年初未分配利潤人民幣5,075,506,443.79元，減 去2023年已分配的2022年度現金股利人民幣226,140,204.24元，2023年度實際可 供股東分配利潤為人民幣5,650,377,740.31元。根據本公司利潤分配政策，考慮 本公司仍處於發展階段且配合本公司2024年度對外項目開發的資金支出安排， 2023年擬向本公司全體股東每10股派發現金股利人民幣1.6 ...