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 2023-046 天津创业环保集团股份有限公司（以下简称"本公司"或"公司"）第九届董 事会第十九次会议于 2023 年 8 月 25 日以现场结合通讯表决方式召开，应参加会 议董事 9 人，实际参加会议董事 9 人。会议由董事长汲广林先生主持。公司监事 会成员和高级管理人员列席了本次会议。本公司已于 2023 年 8 月 17 日将本次董 事会会议通知和会议材料以电邮形式发送给本公司全体董事。本次董事会的召开 程序符合《公司法》及《公司章程》的有关规定，会议审议通过了如下议案： 1. 关于审议公司 2023 年半年度报告及其摘要的议案 经审议，董事会认为该半年度报告及其摘要真实的反映了报告期内公司的经 营情况，董事会同意该半年度报告及其摘要，并同意在境内外公布。 本议案表决结果如下：9 票同意，0 票反对，0 票弃权。本议案获得通过。 2.关于修订《天津创业环保集团股份有限公司公司章程》的议案 根据中国证监会于 2022 年修订的《上市公司章程指引》，同时结合公司本部 组织架构调整后部门职责名称变化 ...

监事会认为该半年度报告及其摘要真实的反映了报告期内公司的经营情况， 监事会同意该半年度报告及其摘要，并同意在境内外公布。 本议案表决结果如下：3 票同意，0 票反对，0 票弃权。本议案获得通过。 2. 关于审议公司 2023 年半年度募集资金存放与实际使用情况的议案 监事会认为公司 2023 年半年度募集资金的存放与实际使用情况符合中国证 券监督管理委员会、上海证券交易所关于募集资金存放和使用的相关法律法规规 定，对募集资金实行了专户存储和专项使用，不存在变相改变募集资金用途和损 害股东利益的情况。 本议案表决结果如下：3 票同意，0 票反对，0 票弃权。本议案获得通过。 特此公告。 天津创业环保集团股份有限公司 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 2023-047 天津创业环保集团股份有限公司 第九届监事会第九次会议决议公告 本公司监事会及全体监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。 天津创业环保集团股份有限公司（以下简称"本公司"或"公司"）第九届 监事会 ...

（此页无正文，为《天津创业环保集团股份有限公司独立董事关于公司 2023 年 半年度募集资金存放与实际使用情况的意见》签署页） 独立董事： 天津创业环保集团股份有限公司 独立董事关于公司 2023 年半年度募集资金 存放与实际使用情况的意见 天津创业环保集团股份有限公司（以下称"公司"）于 2023 年 8 月 25 日召开公司第九届董事会第十九次会议，会议审议通过了《关 于审议公司 2023 年半年度募集资金存放与实际使用情况的议案》。 根据《关于在上市公司建立独立董事制度的指导意见》《上海证 券交易所股票上市规则》《上市公司治理准则》《上市公司监管指引 第 2 号——上市公司募集资金管理和使用的监管要求》等规章制度、 规范性文件及《公司章程》的要求，作为公司的独立董事，我们对公 司 2023 年半年度募集资金存放与实际使用情况，发表独立意见如下： 公司募集资金的存放与使用情况符合《上市公司监管指引第 2 号 -上市公司募集资金管理和使用的监管要求》等相关法律法规以及公 司《募集资金管理制度》等规定，不存在变相改变募集资金用途和损 害股东利益的情况，不存在募集资金管理的违规情形。公司《2023 年半年度募集 ...

| 证券代码：600874 | 股票简称：创业环保 | | 公告编号：临 | 2023-048 | | --- | --- | --- | --- | --- | | 债券代码：188867 | 债券简称：21 津创 | 01 | | | 天津创业环保集团股份有限公司 2023 年半年度募集资金存放与实际使用情况专项报告 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、准确性和完整性承担个别及连带责任。 一、募集资金基本情况 根据中国证券监督管理委员会于 2022 年 5 月 30 日签发的证监发行字 [2022]1122 号文《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》，天津创业环保集团股份有限公司(以下简称"本公司")于 2022 年 9 月向特 定投资者非公开发行人民币普通股 143,189,655 股，每股发行价格为人民币 5.80 元，募集资金总额为 830,499,999.00 元，扣除承销及保荐费用、发行登记费以及 其他交易费用共计人民币 19,743,434.08 元不含增值税的发行费用后，募集资金 净额共计人民币 810 ...

Financial Performance - Total operating revenue for Q1 2023 was 976,635 thousand RMB, a decrease of 8.86% compared to 1,071,552 thousand RMB in Q1 2022[21]. - Net profit attributable to shareholders of the listed company for Q1 2023 was 20,793.90 thousand RMB, an increase of 6.42% year-over-year[35]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was 19,082.30 thousand RMB, up 6.59% from the previous year[35]. - Operating costs for Q1 2023 were 725,166 thousand RMB, down from 828,905 thousand RMB in Q1 2022[21]. - The net profit for Q1 2023 is 212,162 thousand RMB, an increase from 201,587 thousand RMB in Q1 2022, representing a growth of approximately 3%[50]. - The operating profit for Q1 2023 is 268,945 thousand RMB, compared to 260,744 thousand RMB in Q1 2022, indicating an increase of about 3%[50]. - The total profit for Q1 2023 is 271,851 thousand RMB, up from 260,025 thousand RMB in Q1 2022, reflecting an increase of about 4%[50]. - The company reported a comprehensive income total of 107,626 thousand RMB for Q1 2023, compared to 79,311 thousand RMB in Q1 2022[29]. - The company's operating revenue for Q1 2023 was 386,757 million, an increase of 5.6% compared to 366,057 million in Q1 2022[64]. - The net profit for Q1 2023 reached 107,626 million, representing a significant increase of 35.7% from 79,311 million in Q1 2022[64]. Cash Flow - The net cash flow from operating activities decreased by 146.40% compared to the same period last year, primarily due to lower operating cash receipts[8]. - Cash flow from operating activities showed a net outflow of 9,853 thousand RMB, a decrease of 146.40% year-over-year[35]. - Cash inflow from operating activities in Q1 2023 is 565,620 thousand RMB, down from 916,731 thousand RMB in Q1 2022, a decrease of approximately 38%[51]. - The net cash flow from operating activities for Q1 2023 is -98,530 thousand RMB, compared to 212,355 thousand RMB in Q1 2022, showing a significant decline[51]. - The cash received from sales of goods and services in Q1 2023 is 518,235 thousand RMB, a decrease from 864,424 thousand RMB in Q1 2022, representing a decline of approximately 40%[51]. - The cash outflow from operating activities in Q1 2023 is 664,150 thousand RMB, compared to 704,376 thousand RMB in Q1 2022, indicating a decrease of about 6%[51]. - The net cash flow from financing activities for Q1 2023 was 616,800 million, a turnaround from a negative cash flow of -62,420 million in Q1 2022[62]. - The cash flow from investing activities showed a net outflow of -588,407 million in Q1 2023, compared to -217,429 million in Q1 2022, indicating increased investment activity[62]. Assets and Liabilities - Total assets increased to RMB 23,669.51 million, up from RMB 22,969.67 million year-on-year[18]. - Current assets totaled RMB 6,719.60 million, compared to RMB 6,348.88 million in the previous year[18]. - Non-current assets increased to RMB 16,949.91 million from RMB 16,620.79 million year-on-year[18]. - Total liabilities increased to 13,925,555 thousand RMB as of March 31, 2023, compared to 13,467,381 thousand RMB at the end of 2022[25]. - The company's total liabilities as of March 31, 2023, were 8,899,357 million, an increase from 8,359,816 million at the end of the previous year, marking a rise of 6.5%[63]. - The company reported a decrease in accounts payable to 75,223 million in Q1 2023 from 88,437 million in Q1 2022, indicating improved cash management[63]. - The company’s short-term borrowings rose to RMB 1,531 million from RMB 1,001 million[18]. - Accounts payable decreased to RMB 464.57 million from RMB 511.16 million[18]. Equity and Shareholding - The company’s total equity remains stable with no significant changes reported in the shareholding structure[13]. - Total equity attributable to shareholders of the parent company was 8,687,409 thousand RMB, up from 8,479,473 thousand RMB at the end of 2022[25]. - The total number of common shareholders at the end of the reporting period is 62,013[38]. - The equity attributable to shareholders of the listed company rose by 2.45% to 868,740.90 RMB[79]. - The company completed a non-public issuance of 143,189,655 A shares, increasing total share capital from 1,427,228,430 to 1,570,418,085 shares[75]. - The lock-up period for the 18 counterparties involved in the issuance is 6 months from the end of the issuance[75]. - The non-public issuance of restricted shares became tradable on March 28, 2023[75]. Research and Development - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[1]. - Research and development expenses increased to 5,717 thousand RMB in Q1 2023, compared to 2,375 thousand RMB in Q1 2022[21]. - Research and development expenses increased to 1,684 million in Q1 2023, compared to 428 million in Q1 2022, reflecting a growth of 293.5%[64]. Earnings Per Share - Basic earnings per share for Q1 2023 were 0.13 RMB, down 3.65% from the previous year[35]. - The company reported a diluted earnings per share of 0.132 RMB, a decrease of 3.65% compared to the previous period[77].

Financial Performance - The company's operating revenue for Q1 2023 was RMB 97,663.50 million, a decrease of 8.86% compared to the same period last year[3]. - Net profit attributable to shareholders was RMB 20,793.90 million, representing an increase of 6.42% year-on-year[3]. - Basic and diluted earnings per share were both RMB 0.13, down 3.65% from the same period last year[3]. - Total operating revenue for Q1 2023 was RMB 976,635 thousand, a decrease of 8.8% compared to RMB 1,071,552 thousand in Q1 2022[19]. - Net profit for Q1 2023 reached RMB 212,162 thousand, an increase of 5.8% from RMB 201,587 thousand in Q1 2022[20]. - Operating profit for Q1 2023 was RMB 268,945 thousand, up 3.4% from RMB 260,744 thousand in Q1 2022[20]. - The company reported a total profit for Q1 2023 of RMB 271,851 thousand, an increase of 4.0% from RMB 260,025 thousand in Q1 2022[20]. - Gross profit for Q1 2023 was RMB 184,624,000, resulting in a gross margin of 47.7%, up from 44.5% in Q1 2022[27]. - Operating revenue for Q1 2023 was RMB 386,757,000, an increase of 5.6% compared to RMB 366,057,000 in Q1 2022[27]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at RMB -9,853.00 million, a decline of 146.40% compared to the previous year[3][5]. - Cash flow from operating activities in Q1 2023 was negative RMB 98,530 thousand, compared to positive RMB 212,355 thousand in Q1 2022[21]. - The company reported a decrease in cash inflow from operating activities, totaling RMB 565,620 thousand in Q1 2023, compared to RMB 916,731 thousand in Q1 2022[21]. - The company reported a net cash decrease of 70,137 thousand RMB in Q1 2023, compared to a decrease of 67,494 thousand RMB in Q1 2022, indicating ongoing cash management challenges[22]. - The company's cash and cash equivalents stood at 3,181,923 thousand RMB as of March 31, 2023, slightly down from 3,252,060 thousand RMB as of December 31, 2022[12]. - The company's cash and cash equivalents decreased to 3,118,207 thousand RMB at the end of Q1 2023, down from 3,188,344 thousand RMB at the beginning of the year[22]. - Total cash and cash equivalents at the end of Q1 2023 amounted to RMB 1,989,322,000, up from RMB 982,818,000 at the end of Q1 2022[30]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,366,951.10 million, an increase of 3.05% from the end of the previous year[3]. - Total liabilities increased to 13,925,555 thousand RMB as of March 31, 2023, from 13,467,381 thousand RMB at the end of 2022, reflecting a rise of approximately 3.4%[15]. - The total equity of the company increased to 7,070,217 thousand RMB as of March 31, 2023, from 6,962,591 thousand RMB at the end of 2022, indicating a positive trend in shareholder value[26]. - The total liabilities of the company increased to 8,899,357 thousand RMB as of March 31, 2023, from 8,359,816 thousand RMB at the end of 2022, reflecting a rise in both current and non-current liabilities[25]. - Current liabilities increased to 2,219,338 thousand RMB as of March 31, 2023, compared to 1,830,156 thousand RMB at the end of 2022, indicating a rise in short-term obligations[25]. Shareholder Information - The top shareholder, Tianjin Municipal Investment Co., Ltd., held 715,565,186 shares, accounting for 45.57% of total shares[6]. - The total number of shareholders at the end of the reporting period was 62,013[6]. - Shareholders' equity attributable to the company was RMB 868,740.90 million, up 2.45% from the previous year[3]. Research and Development - Research and development expenses increased to RMB 5,717 thousand in Q1 2023, a significant rise from RMB 2,375 thousand in Q1 2022[19]. - Research and development expenses increased significantly to RMB 1,684,000 in Q1 2023, compared to RMB 428,000 in Q1 2022, reflecting a focus on innovation[27]. Investment Activities - In Q1 2023, the net cash flow from investment activities was -588,407 thousand RMB, compared to -217,429 thousand RMB in Q1 2022, indicating a significant increase in cash outflows for investments[22]. - The company reported an increase in investment income to RMB 5,714,000 in Q1 2023, compared to RMB 3,093,000 in Q1 2022[27]. Financial Ratios - The company had a weighted average return on equity of 2.42%, a decrease of 0.29 percentage points year-on-year[3].

Financial Performance - The net profit attributable to the company for 2022 was RMB 751,254,173.95, after deducting the statutory surplus reserve of RMB 45,053,105.75[5] - The actual distributable profit for shareholders in 2022 amounted to RMB 5,075,506,443.79, with a proposed cash dividend of RMB 1.44 per 10 shares, totaling RMB 226,140,204.24, representing 30.10% of the distributable profit[5] - The company's operating revenue for 2022 was RMB 452,216.70 million, a slight decrease of 0.30% compared to RMB 453,557.90 million in 2021[21] - Net profit attributable to shareholders for 2022 was RMB 75,125.40 million, representing an increase of 8.38% from RMB 69,318.90 million in 2021[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 66,366.20 million, up 8.16% from RMB 61,359.80 million in 2021[21] - The total assets at the end of 2022 were RMB 2,296,967.40 million, an increase of 9.04% from RMB 2,106,529.20 million at the end of 2021[21] - The net assets attributable to shareholders at the end of 2022 were RMB 847,947.30 million, reflecting a growth of 19.09% from RMB 712,019.80 million at the end of 2021[21] - Basic earnings per share for 2022 were RMB 0.51, an increase of 4.08% compared to RMB 0.49 in 2021[22] - The weighted average return on net assets for 2022 was 9.88%, a slight decrease from 10.11% in 2021[22] - Total profit reached RMB 96,929.8 million, reflecting an increase of 8.17% year-on-year[39] Audit and Compliance - The company received a standard unqualified audit report from PwC Zhongtian, ensuring the accuracy and completeness of the financial statements[5] - The board of directors and senior management confirmed the authenticity and completeness of the annual report, taking legal responsibility for its content[5] - The company has established a governance structure that complies with Chinese laws and regulations, ensuring shareholder rights and effective decision-making processes[79] - The independent non-executive directors have mechanisms in place to ensure their independence, including regular communication and access to external professional advice[101] - The internal control audit report issued by PwC confirmed the effectiveness of the company's financial reporting internal controls[188] Corporate Governance - The company has established a comprehensive corporate governance structure, ensuring compliance with relevant laws and regulations[93] - The board of directors has implemented various committees to support scientific decision-making and monitor compliance with legal and regulatory requirements[80] - The company emphasizes the importance of corporate governance in driving long-term value and sustainability[109] - The board's diversity policy has been reviewed and deemed effective, aligning with the company's current status and future development plans[92] - The company has established a dedicated investor relations management system to facilitate communication and provide comprehensive information to shareholders and potential investors[98] Environmental and Social Responsibility - The company is committed to environmental and social responsibilities as part of its operational strategy[7] - The company has implemented measures that resulted in a reduction of 17,518 tons of CO2 equivalent emissions through its new energy cooling and heating business and distributed photovoltaic power generation projects[199] - All wastewater treatment projects have passed environmental impact assessments and received approvals from environmental protection departments[194] - The company has disclosed its social responsibility report, with further details available on the Shanghai Stock Exchange website[200] Strategic Initiatives and Future Plans - The company plans to focus on external project development in 2023, indicating ongoing investment in growth despite being in a development phase[5] - The company is focused on expanding its market presence and enhancing its operational efficiency through strategic initiatives[21] - The company plans to enhance control over subsidiaries by restructuring the ownership of subsidiaries, with a transfer price of RMB 32,634.83 million for the shares of two companies[61] - The company aims to become a leading professional service provider in water treatment and resource utilization by the end of the 14th Five-Year Plan[67] - The company plans to process no less than 157.23 million cubic meters of wastewater in 2023, with expected changes in service fee revenue and costs not exceeding 20%[69] Research and Development - Research and development expenses surged by 137.33% to RMB 4,353.9 million, indicating increased investment in innovation[40] - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing operational efficiency[117] - Total R&D investment amounted to RMB 5,418.45 million, representing 1.20% of total revenue, with 21.95% of R&D costs capitalized[55] Risk Management - The company identifies risks related to government credit, as wastewater treatment service fees are primarily sourced from government accounts, making them reliant on government financial health[71] - The company emphasizes the importance of risk management due to potential policy changes affecting pricing and operational agreements, particularly in hazardous waste management[72] - The company is committed to enhancing its comprehensive risk management framework to identify, analyze, and respond to various policy risks, ensuring dynamic management and effective control[75] Employee and Management Structure - The total number of employees in the company and its major subsidiaries is 2,265, with 473 in the company and 1,792 in subsidiaries[143] - The company has established a performance-oriented compensation management system, with annual total compensation for employees consisting of basic salary, performance salary, benefits, and other compensation[144] - The management team has a strong educational background, with several members holding advanced degrees in business and finance[110] Shareholder Engagement and Dividend Policy - The company prioritizes cash dividends, distributing no less than 20% of the distributable profit attributable to the parent company each year, with a cumulative distribution of at least 30% over three years[149] - The company has a clear cash dividend policy that emphasizes transparency and quality of information disclosure[148] - The company proposed a cash dividend of 1.44 CNY per share for 2022, totaling 22,614 million CNY, representing 30.10% of the net profit attributable to ordinary shareholders[161]

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 2023-025 天津创业环保集团股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一） 会议召开时间：2023 年 4 月 18 日上午 11:00-12:00 （二） 会议召开地点：上证路演中心 会议召开时间：2023 年 04 月 18 日(星期二)上午 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址： （三） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 04 月 11 日(星期二) ...

Financial Performance - The company's operating revenue for 2022 was RMB 452,216.70 million, a slight decrease of 0.30% compared to RMB 453,557.90 million in 2021[6] - Net profit attributable to shareholders for 2022 was RMB 75,125.40 million, representing an increase of 8.38% from RMB 69,318.90 million in 2021[6] - The net profit after deducting non-recurring gains and losses was RMB 66,366.20 million, up 8.16% from RMB 61,359.80 million in 2021[6] - Basic earnings per share for 2022 were RMB 0.51, an increase of 4.08% compared to RMB 0.49 in 2021[7] - The net cash flow from operating activities for 2022 was RMB 91,205.10 million, a decrease of 2.64% from RMB 93,680.80 million in 2021[6] - The total operating revenue for the year ended December 31, 2022, was RMB 4,522,167, a slight decrease from RMB 4,535,579 in 2021[61] - The total profit for 2022 was RMB 969,298, compared to RMB 896,059 in 2021, reflecting a growth of 8.2%[61] - The net profit attributable to the company's ordinary shareholders for 2022 was RMB 751,254 thousand, an increase from RMB 693,189 thousand in 2021, resulting in basic earnings per share of RMB 0.51[72] Assets and Liabilities - The total assets at the end of 2022 reached RMB 2,296,967.40 million, a growth of 9.04% from RMB 2,106,529.20 million in 2021[6] - Cash and cash equivalents at the end of the period reached RMB 325,206 million, accounting for 14.16% of total assets, a 52.00% increase from RMB 213,949 million in the previous period[38] - Short-term borrowings decreased by 99.31% to RMB 100.10 million, down from RMB 14,585 million, primarily due to repayment of part of the short-term loans[38] - The company’s total liabilities reached RMB 13,467,381,000 in 2022, up from RMB 12,961,222,000 in the previous year, marking a growth of approximately 3.9%[60] - Non-current liabilities totaled RMB 10,120,558,000 in 2022, compared to RMB 9,750,450,000 in 2021, indicating an increase of about 3.8%[60] Revenue Breakdown - The revenue from wastewater treatment and water plant construction business was CNY 319,278.80 million, a decrease of 4.74% year-on-year, with a gross margin of 35.11%, up by 5.31%[24] - The revenue from recycled water treatment and supporting projects increased by 15.65% year-on-year to CNY 38,977.50 million, with a gross margin of 37.27%, down by 0.64%[24] - The revenue from hazardous waste disposal business increased by 7.63% year-on-year to CNY 23,719.60 million, with a gross margin of 31.58%, up by 16.67%[24] - The revenue from the Tianjin-Beijing-Hebei region was CNY 236,182.00 million, an increase of 12.79% year-on-year, with a gross margin of 37.93%, down by 2.01%[25] - The revenue from the Southwest region was CNY 20,794.00 million, up by 11.85% year-on-year, with a gross margin of 28.84%, an increase of 4.99%[25] - The revenue from the Northwest region decreased by 32.27% year-on-year to CNY 46,953.00 million, with a gross margin of 25.86%, up by 10.52%[25] Investments and Expansion - The company is actively expanding its strategic new business while consolidating its existing water service projects, including the development of photovoltaic power generation projects[11] - The company plans to acquire assets from Tianjin Urban Infrastructure Investment Group to expand its sludge disposal business, which will help in extending its industrial chain[11] - The company plans to invest RMB 6,971 million in the second phase expansion of the Linxia sewage treatment plant PPP project, with a capital contribution of RMB 2,091 million[40] - The company is focusing on investments in water services, new energy cooling and heating, and sludge treatment sectors[39] - The company plans to increase its stake in Tianjin Jiayuan Shengchuang New Energy Technology Co., Ltd. for the Tianjin Houtai Scenic Area energy station project, with a total investment of RMB 183.48 million[41] Research and Development - Research and development expenses increased by 137.33% to RMB 43.54 million due to higher investment in R&D personnel and materials[22] - Total research and development investment amounted to RMB 5,418.45 million, accounting for 1.20% of operating revenue[35] - The number of R&D personnel is 410, representing 18.10% of the total workforce[35] - The company received 23 authorized patents in 2022, including 2 invention patents and 21 utility model patents[18] Operational Efficiency and Management - The company has focused on enhancing operational management and has implemented a big data management platform to improve efficiency and safety in operations[10] - The company operates under market-oriented mechanisms, having implemented performance assessment systems and management contracts for its subsidiaries[12] - The company aims to enhance operational management levels through standardized management and timely risk control measures[56] - The company is focusing on comprehensive risk management to identify, analyze, and respond to various policy risks[55] Environmental Commitment - The company has initiated greenhouse gas monitoring at wastewater treatment plants as part of its commitment to carbon neutrality[10] - The company is committed to integrating digital and low-carbon operations in its wastewater treatment plants[47] - The national target for sludge harmless disposal rate is set to reach 90%, with a goal to establish new disposal facilities with a scale of no less than 20,000 tons per day[46] Dividend and Shareholder Information - The proposed cash dividend for 2022 is RMB 1.44 per 10 shares, totaling RMB 226,140,204.24, which represents 30.10% of the distributable profit for the year[58] - The proposed total dividend amount as of December 31, 2022, was RMB 226,140 thousand, an increase from RMB 208,376 thousand in 2021[9] Audit and Compliance - The audit committee has reviewed the accounting principles and methods adopted by the group, ensuring compliance with financial reporting standards[85] - The audit firm PwC has confirmed that the financial figures for the year ending December 31, 2022, are consistent with the audited consolidated financial statements[86] - No assurance opinion was issued by PwC regarding the annual performance announcement[86] - The announcement does not include any strategic initiatives or new strategies[86] - The document does not provide any user data or performance summaries[86]

Financial Performance - The net profit attributable to the parent company for 2022 was RMB 751,254,173.95, after deducting the statutory surplus reserve of RMB 45,053,105.75[13] - The actual distributable profit for shareholders in 2022 was RMB 5,075,506,443.79, with a proposed cash dividend of RMB 1.44 per 10 shares, totaling RMB 226,140,204.24, which accounts for 30.10% of the distributable profit[13] - Basic earnings per share for 2022 increased by 4.08% to CNY 0.51 compared to CNY 0.49 in 2021[73] - The weighted average return on equity decreased by 0.23 percentage points to 9.88% in 2022 from 10.11% in 2021[73] - The company achieved a total revenue of CNY 453,557.90 million, reflecting a slight decrease of 0.30% compared to the previous year[87] - The company’s total revenue for 2022 was CNY 452,216.70 million, a slight decrease of 0.30% compared to CNY 453,557.90 million in 2021[101] - Net profit attributable to shareholders increased by 8.38% to CNY 75,125.40 million from CNY 69,318.90 million in the previous year[101] - The net profit after deducting non-recurring gains and losses was CNY 66,366.20 million, reflecting an 8.16% increase year-on-year[101] - The total profit reached 969.298 million RMB, an increase of 8.17% year-on-year[114] Assets and Investments - The company reported total assets of RMB 134,235.49 million and net assets of RMB 35,852.80 million for its subsidiary, Zhongshui Company[3] - The registered capital of Hangzhou Company is RMB 37,744.50 million, with a net profit of RMB 10,186.08 million[3] - The company has a 100% equity stake in Xi'an Company, which reported a net profit of RMB 6,016.11 million[3] - The total asset scale of Jiyuan Xingchuang is RMB 68,332.33 million, with a net profit of RMB 4,432.05 million[3] - Cash and cash equivalents at the end of the period amounted to CNY 325,206.00 million, a 52.00% increase compared to the previous period[49] - The company’s total assets at the end of the period were significantly impacted by operational cash inflows and targeted fundraising efforts[49] - Total assets at the end of 2022 were CNY 2,296,967.40 million, reflecting a 9.04% increase from CNY 2,106,529.20 million at the end of 2021[101] Research and Development - The total R&D investment for the period was CNY 5,418.45 million, accounting for 1.20% of operating revenue[45] - The number of R&D personnel is 410, representing 18.10% of the total workforce[46] - The capitalized R&D investment accounted for 21.95% of total R&D expenditures[45] - The company’s R&D expenses increased by 137.33% to CNY 1,834.50 million during the reporting period[87] - Research and development investments increased by 30%, focusing on innovative water treatment technologies[190] Strategic Initiatives - The company is focusing on the development of new energy technologies and environmental protection services, indicating a strategic shift towards sustainability[3] - The company plans to allocate funds for external project development in 2023, reflecting its growth strategy[13] - The company plans to enhance its comprehensive environmental services, focusing on wastewater treatment and related services[53] - The company is actively promoting public REITs and is working on project audits and compliance with government regulations[107] - The company is focusing on optimizing its business layout and implementing a national expansion strategy, particularly in key regions such as the Beijing-Tianjin-Hebei area and the Yangtze River basin[169] Operational Performance - The company achieved operating revenue of 4,522.167 million RMB in 2022, a decrease of 0.30% compared to the previous year[114] - The company reported a total of 207,183 million yuan in costs related to wastewater treatment, which accounted for 73.73% of total costs, down from 77.95% in the previous year[62] - The company reported a significant increase in operating costs due to rising resource and labor costs, which may impact future profitability[169] - The company is focusing on expanding its sewage treatment and hazardous waste disposal operations, with increased operational volumes leading to higher revenues[116] Governance and Compliance - The company completed the re-election of its board of directors on September 8, 2022, with the new board serving from September 9, 2022, to September 8, 2025[143] - The board consists of 9 members, including 3 independent non-executive directors, ensuring compliance with the Hong Kong Stock Exchange's independence requirements[143] - The company held 22 board meetings and 3 shareholder meetings during the reporting period, demonstrating active governance[143] - The company has implemented a stock management system for directors and senior management, limiting share transfers during their tenure to 25% of their holdings[143] - The company emphasizes continuous professional development for directors, providing training to ensure they meet their responsibilities effectively[143] Market and Customer Relations - The total sales revenue from the top five customers amounted to 225,148.43 million yuan, accounting for 49.79% of the annual total sales[67] - The total procurement amount from the top five suppliers was 56,541.86 million yuan, representing 22.49% of the annual total procurement[67] - The company has maintained a stable relationship with its major customers and suppliers, with no significant reliance on a few entities[67] Future Outlook - For 2023, the company expects to process no less than 1,572.26 million cubic meters of wastewater, with service fee revenue and cost changes not exceeding 20%[169] - The company plans to invest no less than 67 million yuan in technology research and development and technological transformation in 2023, focusing on new processes and application technologies in wastewater and sludge treatment[169] - The company is exploring partnerships with international firms to enhance technological capabilities and market reach[193]