证券代码：600982 证券简称：宁波能源 公告编号：临 2022-062 债券代码：185462 债券简称：GC 甬能 01 | --- | --- | |----------------------------------------------------------------------|-------| | 宁波能源集团股份有限公司 | | | 关于提醒投资者防范不法分子假冒本公司名义从事 诈骗活动的公告 | | | 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。 | | 近期，宁波能源集团股份有限公司（以下简称"本公司"或"公司"）接到 投资者反映，有不法分子假冒公司名义，利用网络投资平台，向投资者进行虚假 宣传，实施诈骗，骗取投资者的资金或个人信息。为此，本公司郑重提醒广大投 资者： 一、公司从未上线理财类 APP，未开展任何相关众筹集资业务及销售理财业 务，也从未授权任何个人或单位开展上述业务。 二、本公司法定名称：宁波能源集团股份有限公司；外文名称：NINGBO ENERGY GROUP ...

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥4,775,563,839.82, representing a 67.73% increase compared to ¥2,847,156,480.24 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥106,924,928.52, a slight increase of 1.18% from ¥105,673,304.94 in the previous year[18]. - The net cash flow from operating activities surged by 326.43% to ¥711,532,622.61, compared to ¥166,858,730.02 in the same period last year[18]. - Total assets increased by 9.17% to ¥10,901,993,891.13, up from ¥9,985,893,976.59 at the end of the previous year[18]. - The basic earnings per share for the first half of 2022 was ¥0.0981, a 0.93% increase from ¥0.0972 in the same period last year[19]. - The diluted earnings per share rose to ¥0.0970, reflecting a 1.04% increase from ¥0.0960 in the previous year[19]. - The weighted average return on net assets decreased to 2.78%, down from 2.89% in the same period last year, a decline of 0.11 percentage points[19]. - The company reported a decrease of 10.93% in net profit attributable to shareholders after deducting non-recurring gains and losses, totaling ¥124,782,091.08 compared to ¥140,092,474.13 in the previous year[18]. - The company achieved operating revenue of 4.78 billion RMB, a year-on-year increase of 67.73%[40]. - Net profit attributable to shareholders was 107 million RMB, a year-on-year increase of 1.18%, while net profit after deducting non-recurring gains and losses decreased by 10.93% to 125 million RMB[40]. Cash Flow and Liquidity - The company's cash and cash equivalents increased to ¥1,153,474,701.61, representing 10.58% of total assets, up 33.25% from the previous year[43]. - The company's cash and cash equivalents increased to ¥318,468,004.00 from ¥149,379,917.77, representing a growth of 113.0%[126]. - The net cash inflow from operating activities reached CNY 711,532,622.61, a significant increase from CNY 166,858,730.02 in the previous period, reflecting a growth of approximately 326%[139]. - Cash inflow from financing activities totaled CNY 3,043,078,998.12, up from CNY 2,207,781,658.59, marking an increase of approximately 37.7%[140]. - The total cash and cash equivalents at the end of the period amounted to CNY 1,082,215,860.63, an increase from CNY 681,538,249.48, reflecting a growth of approximately 58.8%[140]. Investments and Subsidiaries - The company has established partnerships with leading technology teams and universities, resulting in 10 utility model patents and 3 software copyrights[30]. - The company has made strategic investments in environmental projects, including a stake in Tianjin Chuangye Environmental Protection[36]. - The company acquired a 20% stake in Zhoushan Huatai Petroleum Co., Ltd., investing ¥60 million during the reporting period[45]. - The company established a new subsidiary, Ningbo Langchen New Energy Co., Ltd., with a registered capital of ¥50 million, and has invested ¥11.5 million to date[45]. - The company also set up another subsidiary, Ningbo Yongneng Biomass Energy Development Co., Ltd., with a registered capital of ¥30 million, fully funded by the company[47]. Environmental Initiatives - The company is engaged in combined heat and power generation, biomass power generation, and energy storage services, with a focus on clean energy and environmental protection[23]. - The company processed 26,310.84 tons of sludge during the reporting period as part of its environmental initiatives[36]. - The company has a strong focus on social responsibility, maintaining emissions below national standards and exploring resource recycling in urban sludge management[30]. - The company has implemented various pollution control technologies, including SNCR denitrification systems and wet desulfurization systems, which are all operating normally[70]. - The company has established emergency response plans for environmental incidents, which have been filed with local environmental authorities[72]. Market and Industry Trends - The total installed power generation capacity in China reached 2.44 billion kW by the end of June 2022, representing an 8.1% year-on-year increase[25]. - The market trading volume of electricity in China increased by 45.8% year-on-year, reaching 2.4826 trillion kWh in the first half of 2022[26]. - The share of non-fossil energy generation capacity in newly added power generation capacity reached 83% in the first half of 2022[25]. - The company is actively pursuing new energy projects, including pumped storage and electrochemical energy storage, with a total installed capacity of 391.697 MW/919.353 MWh for electrochemical storage[26]. - The company is positioned to benefit from national policies promoting the development of clean energy and energy storage industries[27]. Financial Management and Liabilities - The company's total liabilities included ¥499,511,762.72 in bonds payable, primarily from issuing carbon-neutral green corporate bonds[43]. - The company's contract liabilities surged by 214.25% to ¥137,508,327.01, indicating an increase in obligations to transfer goods to customers[43]. - The company's accounts payable increased significantly by 202.20% to ¥184,345,000.00, reflecting a rise in goods settled by notes[43]. - The company's debt-to-asset ratio increased by 6.66% to 59.58% compared to the end of the previous year[118]. - The company's long-term equity investments rose to ¥1,928,697,592.35, up from ¥1,711,072,869.47 at the beginning of the year[121]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 87,379[99]. - The largest shareholder, Ningbo Development Investment Group Co., Ltd., holds 286,375,377 shares, representing 25.62% of the total shares[101]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder having a substantial stake[102]. - There were no changes in the total number of shares or the share capital structure during the reporting period[96]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[62]. Risk Factors - The company faces risks related to macroeconomic fluctuations, policy changes, market dynamics, and external environmental factors that could impact its operational performance[55][56]. - The company is actively monitoring the impact of rising raw material costs, particularly coal and natural gas, on its profitability[56]. Accounting Policies - The company has implemented specific accounting policies for financial instruments, inventory, and fixed assets, ensuring compliance with relevant accounting standards[161]. - The financial statements are prepared based on actual transactions and events, ensuring accurate reflection of the company's financial position[159]. - The company recognizes foreign exchange differences in other comprehensive income, except for those that should be capitalized based on borrowing costs[174]. - The company uses observable inputs for fair value measurement whenever possible, and non-observable inputs when necessary[181].

Financial Performance - The net profit attributable to shareholders for 2021 was CNY 473,599,987.79, with the parent company achieving a net profit of CNY 107,847,813.07[6] - The proposed cash dividend is CNY 1.7 per 10 shares, amounting to a total of CNY 190,020,595.87, which represents 40.12% of the net profit attributable to shareholders for 2021[6] - The company's adjusted earnings per share (EPS) increased by 79.19% to CNY 0.4358 in 2021, compared to CNY 0.2432 in 2020[25] - Total revenue for 2021 reached CNY 6.91 billion, representing a 27.64% increase from CNY 5.42 billion in 2020[25] - Net profit attributable to shareholders rose by 82.09% to CNY 473.60 million in 2021, up from CNY 260.09 million in 2020[25] - The weighted average return on equity (ROE) improved by 5.25 percentage points to 12.52% in 2021, compared to 7.27% in 2020[25] - The company reported a significant decrease of 70.01% in net cash flow from operating activities, totaling CNY 93.63 million in 2021, down from CNY 312.18 million in 2020[25] - The company achieved a total operating revenue of 6,913,740,982.55 RMB, representing a year-on-year increase of 27.64%[52] - The net profit attributable to shareholders reached 47,360,000 RMB, marking an 82.09% increase compared to the previous year[51] Strategic Initiatives - The company is focusing on low-carbon and zero-carbon projects, including biomass energy, electrochemical energy storage, and wind power, as part of its strategic transformation[36] - The company aims to enhance operational efficiency through equipment upgrades and optimization measures, leading to improved profitability[37] - The company is committed to achieving carbon peak and carbon neutrality goals while advancing its comprehensive energy transformation strategy[36] - The company is actively participating in the construction of regional low-carbon energy centers and energy management services to support its comprehensive energy service goals[41] - The company is focusing on a dual-driven strategy, leveraging both technological innovation and financial investments to drive growth in its energy sector[49] Acquisitions and Investments - The company completed cash acquisitions of 100% stakes in Ningbo Mingzhou Biomass Power Co., Ltd. and Ningbo Energy Group Material Distribution Co., Ltd. during the reporting period[26] - The company has acquired 100% equity in Mingzhou Biomass and 100% equity in Material Distribution, enhancing investment returns and industry scale[41] - The company has increased its investment in energy-related financial assets, including a 20% stake in Huatai Petroleum, to strengthen its energy trading experience[41] - The company invested 12,121.164 million in Ningbo Ningneng Huicheng Venture Capital Partnership during the reporting period[88] - The company approved the acquisition of a 20% stake in Zhoushan Huatai Petroleum Co., Ltd. during the board meeting on December 7, 2021[128] Research and Development - Research and development expenses surged by 894.46% to 32,652,067 RMB, reflecting a strong commitment to technological innovation[52] - The company has established partnerships with leading technology teams, including China Huaneng Group and Ningbo Nottingham University, to enhance its technological capabilities[49] - The company has obtained 2 utility model patents and 1 software copyright in biomass boiler and flue gas denitrification technologies, contributing to its innovation capabilities[42] - The number of R&D personnel is 70, accounting for 5.99% of the total workforce, with a focus on smart power plants and energy efficiency[67] - The company is actively developing technologies in smart power plants, dual-supply heating and cooling, flue gas treatment, and biomass boilers[68][70] Environmental Responsibility - The company emphasizes environmental responsibility, with specific measures in place to monitor and report emissions from its thermal power plants[155] - The company reported a total pollutant discharge of 180 tons/year for nitrogen oxides and 125 tons/year for sulfur dioxide at Jinhua Thermal Power, adhering to environmental standards[155] - The company achieved a sulfur dioxide emission level of 17.58 mg/m³, which is below the limit of 35 mg/m³[158] - The nitrogen oxides emission level was recorded at 32.31 mg/m³, under the threshold of 50 mg/m³[158] - The company has implemented a high-efficiency flue gas purification system combining low nitrogen combustion and SNCR technology[165] Governance and Management - The company is implementing mixed-ownership reforms and expanding incentive mechanisms to enhance employee motivation and align income with corporate performance[106] - The company has a comprehensive evaluation process for determining the remuneration of directors and senior management based on performance targets and annual audit reports[124] - The company has maintained a stable shareholding structure among its senior management, with no changes in shareholdings reported during the period[115] - The company has established clear responsibilities and decision-making processes for its subsidiaries to ensure effective governance and operational oversight[151] - The company has implemented strict governance and management measures for subsidiaries, including performance assessments and internal audits to enhance operational efficiency[151] Financial Management - The company has engaged in various related party transactions, including property management services and steam sales, with transaction amounts ranging from RMB 202,024.90 to RMB 2,603,547.00[185] - The total amount of guarantees provided by the company, including those to subsidiaries, is RMB 176.66194 million, which accounts for 40.08% of the company's net assets[199] - The management income from the entrusted management agreements reflects the company's operational efficiency and revenue generation capabilities[195][196] - The company has maintained a stable income stream from management services, contributing positively to its overall financial performance[195][196] - The company has not reported any significant adverse impacts from the management agreements during the reporting period[195][196]

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,957,617,019.16, representing a 51.00% increase compared to ¥956,087,664.73 in the same period last year[6] - Net profit attributable to shareholders was ¥44,192,040.05, a decrease of 20.01% from ¥55,249,744.22 in the previous year[6] - The company reported a decrease in basic earnings per share to ¥0.0407, down 19.88% from ¥0.0508 in the same period last year[6] - In Q1 2022, the company's net profit was CNY 52,806,823.25, a decrease of 22.8% compared to CNY 68,339,426.74 in Q1 2021[23] - The company’s total comprehensive income for Q1 2022 was CNY 53,705,161.17, down from CNY 67,939,390.75 in the same quarter last year[23] - The company’s operating profit for Q1 2022 was CNY 46,172,759.61, a decline of 40.5% compared to CNY 77,683,757.78 in Q1 2021[23] Cash Flow and Investments - The net cash flow from operating activities increased by 100.67%, reaching ¥334,587,446.19, compared to ¥162,033,885.52 in the same period last year[6] - The company reported a net cash outflow from investing activities of CNY -831,781,251.04, worsening from CNY -118,312,816.67 in the previous year[26] - The company received CNY 2,400,000.00 from investment activities in Q1 2022, a decrease from CNY 16,600,000.00 in Q1 2021[26] - The company’s financing activities generated a net cash flow of CNY 867,622,726.49, an increase from CNY 641,502,983.83 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,387,789,740.15, reflecting a 14.04% increase from ¥9,985,893,976.59 at the end of the previous year[6] - Total liabilities increased to ¥6,908,770,585.58 in Q1 2022, compared to ¥5,577,868,296.41 in Q1 2021, marking a rise of 23.8%[19] - The company's cash and cash equivalents stood at ¥1,222,637,871.59 as of March 31, 2022, compared to ¥865,617,079.75 at the end of 2021, indicating a growth of 41.3%[16] - The total current assets reached ¥3,927,260,011.96 in Q1 2022, an increase of 19.6% from ¥3,286,876,945.64 in Q1 2021[17] - Long-term equity investments rose to ¥1,880,542,615.10 in Q1 2022, compared to ¥1,711,072,869.47 in Q1 2021, reflecting a growth of 9.9%[17] - The company's total equity attributable to shareholders was ¥3,878,330,919.70 as of March 31, 2022, up from ¥3,818,474,858.74 at the end of 2021, showing an increase of 1.6%[19] Operating Costs and Expenses - Total operating costs for Q1 2022 were ¥1,925,191,127.13, up 58.8% from ¥1,211,431,836.10 in Q1 2021[21] - Research and development expenses increased to ¥7,669,699.40 in Q1 2022, compared to ¥3,115,072.19 in Q1 2021, reflecting a growth of 146.5%[21] Non-Recurring Items - Non-recurring losses totaled ¥25,443,433.37, primarily due to losses from financial assets and government subsidies[9] - The company experienced a decrease in net profit after deducting non-recurring gains and losses, which was ¥69,635,473.42, down 5.51% from ¥73,696,553.02[6] - The company made adjustments to its financial data for Q1 2021 due to the acquisition of 100% equity in two subsidiaries, which were under the same control[7]

Financial Performance - The net profit attributable to shareholders for 2021 was CNY 473,599,987.79, with the parent company achieving a net profit of CNY 107,847,813.07[6] - The proposed cash dividend distribution is CNY 1.7 per 10 shares, amounting to a total of CNY 190,020,595.87, which represents 40.12% of the net profit attributable to shareholders for 2021[6] - The company extracted 10% of the net profit as statutory reserve, totaling CNY 10,784,781.31[6] - The undistributed profit at the beginning of the year was CNY 248,689,308.72, after deducting the 2020 dividend of CNY 150,898,708.49, the distributable profit at the end of the period was CNY 194,853,631.99[6] - The company's adjusted earnings per share (EPS) increased by 79.19% to CNY 0.4358 in 2021 from CNY 0.2432 in 2020[25] - Total revenue for 2021 reached CNY 6.91 billion, representing a 27.64% increase compared to CNY 5.42 billion in 2020[25] - Net profit attributable to shareholders rose by 82.09% to CNY 473.60 million in 2021 from CNY 260.09 million in 2020[25] - The weighted average return on equity (ROE) improved by 5.25 percentage points to 12.52% in 2021 from 7.27% in 2020[25] - The net cash flow from operating activities decreased by 70.01% to CNY 93.63 million in 2021 from CNY 312.18 million in 2020[25] - Non-recurring gains totaled CNY 309.67 million in 2021, significantly higher than CNY 96.78 million in 2020[30] - The company achieved a total operating revenue of 6,913,740,982.55 RMB, representing a year-on-year increase of 27.64%[52] - The net profit attributable to shareholders reached 47,360,000 RMB, marking an 82.09% increase compared to the previous year[51] Acquisitions and Investments - The company completed the acquisition of 100% equity in Ningbo Mingzhou Biomass Power Generation Co., Ltd. and Ningbo Energy Group Material Distribution Co., Ltd. during the reporting period[26] - The company has acquired 100% equity in Mingzhou Biomass and 100% equity in Material Distribution, enhancing investment returns and industry scale[41] - The company has invested 12,121.164 million in Ningbo Ningneng Huicheng Venture Capital Partnership during the reporting period[88] - The cash acquisition of 100% equity in Ningbo Mingzhou Biomass Power Co., Ltd. and Ningbo Energy Group Material Distribution Co., Ltd. totaled 148.39 million[87] - The company acquired a 20% stake in Zhoushan Huatai Petroleum Co., Ltd. as part of its investment strategy on December 7, 2021[128] - The company has a total of 9.2556% equity in Tianjin Chuangye Environmental Protection Group Co., Ltd. as of November 11, 2021[88] Operational Efficiency and Strategy - The company aims to enhance operational efficiency through equipment upgrades and optimization measures, leading to improved profitability[37] - The company is focusing on low-carbon and zero-carbon projects, including biomass energy and wind power, as part of its strategic transformation towards comprehensive energy[36] - The company is focusing on diversifying its energy sources, including biomass, hydropower, and wind energy, to strengthen its competitive advantage[49] - The company is actively involved in the energy trading sector by investing in the Zhejiang Electric Power Trading Center[41] - The company is focused on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[116] - The company plans to continue its strategic investments and potential acquisitions to drive growth in the upcoming fiscal year[116] Research and Development - Research and development expenses surged by 894.46% to 32,652,067 RMB, reflecting a strong commitment to technological innovation[52] - The company has established partnerships with leading technology teams, including China Huaneng Group and Ningbo Nottingham University, to enhance its technological capabilities[51] - The number of R&D personnel is 70, accounting for 5.99% of the total workforce, with a focus on smart power plants and energy efficiency[67] - The company is advancing projects in smart power plants, dual heating and cooling supply, flue gas treatment, and biomass boiler technology[68][70] Environmental Commitment - The company has made significant investments in environmental protection, with specific measures in place to control emissions of pollutants such as nitrogen oxides and sulfur dioxide[155] - The company has reported total emissions of 180 tons/year for nitrogen oxides and 125 tons/year for sulfur dioxide, adhering to environmental standards[155] - The company achieved a sulfur dioxide emission level of 17.58 mg/m³, which is below the regulatory limit of 35 mg/m³, translating to an annual emission of 103.25 tons[158] - Nitrogen oxide emissions were recorded at 32.31 mg/m³, also below the limit of 50 mg/m³, with an annual emission of 147.5 tons[158] - The company has established emergency response plans for environmental incidents, which have been filed with local environmental authorities[162] - The company has implemented a self-monitoring scheme for environmental compliance, adhering to national standards and involving third-party monitoring[163] Corporate Governance and Management - The company has maintained a stable shareholding structure among its senior management, with no changes in shareholdings reported during the period[115] - The company has a structured compensation decision process for directors and senior management based on performance evaluations and annual audit reports[124] - The company’s management team includes individuals with extensive experience in various sectors, enhancing its operational capabilities[121] - The company has strategic roles filled by executives who also serve in significant positions within affiliated entities, indicating a strong interconnected management structure[122] - The company emphasizes internal management and operational efficiency as key factors in its strategic planning and performance assessment[124] Risk Management - The company has detailed various risks and countermeasures in the management discussion and analysis section of the report[9] - The company faces risks from macroeconomic fluctuations, policy changes, market volatility, and operational challenges related to raw material prices[107] - The company emphasizes the uncertainty of forward-looking statements and advises investors to be aware of investment risks[7] Shareholder Information - The total number of shares held by the chairman, Ma Yifei, remained unchanged at 670,900 shares, with a pre-tax remuneration of 742,700 CNY[115] - The total number of shares held by the general manager, Zhu Nanhu, also remained unchanged at 533,400 shares, with a pre-tax remuneration of 737,500 CNY[115] - The total remuneration for all listed directors and senior management amounted to 3,827,700 CNY, with an average pre-tax remuneration of approximately 512,640 CNY[117] Internal Control and Compliance - The internal control system has been continuously improved and refined, achieving the expected goals of internal control and safeguarding the interests of the company and all shareholders[150] - The internal control audit report issued by Tianheng Accounting Firm provided a standard unqualified opinion, confirming the effectiveness of the internal control system[152] - The company has established a robust internal control management system in compliance with relevant laws and regulations, ensuring legal compliance and asset security[150] Related Party Transactions - The total amount of related party transactions for the year was 98.15 million RMB, an increase from 54.22 million RMB in the previous year[183] - The company’s related party transactions included RMB 1.67 million for management services from Qianjiang Handan Thermal Power, representing 25.80% of similar transactions[186] - The company’s total related party transactions for steam sales amounted to RMB 1.12 million, accounting for 0.08% of similar transactions[185]

证券代码：600982 证券简称：宁波能源 公告编号：临 2021-059 宁波能源集团股份有限公司 关于参加"宁波辖区2021年度上市公司投资者 网上集体接待日主题活动"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。 为进一步加强与广大投资者的沟通交流，增强上市公司的透明度，提升上市 公司治理水平，促进上市公司规范运作，宁波能源集团股份有限公司（以下简称 "公司"）将参加由宁波证监局指导，宁波上市公司协会联合深圳市全景网络有 限公司共同举办的"心系投资者、携手共行动——宁波辖区 2021 年度上市公司 投资者网上集体接待日主题活动"，现将有关事项公告如下： 本次集体接待日活动将采取网络远程的方式举行，投资者可以登录"全景·路 演天下"（https://rs.p5w.net）参与本次投资者集体接待日活动，活动时间为 2021 年 11 月 18 日（星期四）15:00 至 17:00。届时公司高管人员将通过网络在 线交流形式，与投资者就公司治理、发展战略、经营状况和可持续发展等投资者 关心的问题进行沟通与交流。 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,250,076,767.62, a decrease of 44.44% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥61,693,636.64, down 5.63% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,424,064.23, a significant decline of 91.85% compared to the previous year[6]. - Total revenue for the first three quarters of 2021 was CNY 3,361,127,880.57, a decrease of 3.6% compared to CNY 3,487,917,245.79 in the same period of 2020[18]. - Net profit for the first three quarters of 2021 was CNY 184,617,996.49, an increase of 5.4% compared to CNY 174,681,849.24 in 2020[19]. - The total comprehensive income attributable to the parent company's owners for Q3 2021 was CNY 155,661,970.40, an increase from CNY 150,897,994.96 in Q3 2020, representing a growth of approximately 5.0%[20]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥8,525,466,152.04, reflecting an increase of 20.04% from the end of the previous year[6]. - The company's total assets as of September 30, 2021, amounted to CNY 8,525,466,152.04, up from CNY 7,101,972,371.39 at the end of 2020, representing a growth of 20.0%[16]. - Total liabilities reached CNY 4,437,560,739.52, an increase of 42.2% from CNY 3,122,373,406.90 in 2020[17]. - Current assets totaled CNY 2,889,943,092.47 as of September 30, 2021, compared to CNY 2,372,069,318.05 at the end of 2020, reflecting an increase of 21.8%[16]. - Current liabilities totaled approximately $2.57 billion, down by $5.39 million compared to the prior period[27]. Cash Flow - The company reported a net cash flow from operating activities of ¥371,247,476.05, down 16.63% year-to-date[6]. - The net cash flow from operating activities for the first nine months of 2021 was CNY 371,247,476.05, down from CNY 445,276,619.52 in the same period of 2020, indicating a decrease of about 16.6%[23]. - The total cash inflow from investment activities in the first nine months of 2021 was CNY 799,858,481.21, significantly lower than CNY 1,878,025,595.14 in the previous year, reflecting a decline of approximately 57.5%[23]. - The net cash flow from financing activities for Q3 2021 was CNY 690,316,746.90, compared to a net outflow of CNY 2,447,732.54 in Q3 2020, showing a substantial improvement[24]. - The cash inflow from financing activities in the first nine months of 2021 was CNY 2,648,036,296.90, compared to CNY 2,284,613,825.09 in the same period of 2020, showing an increase of about 15.9%[24]. Shareholder Information - The top two shareholders, Ningbo Development Investment Group Co., Ltd. and Ningbo Kaitou Energy Group Co., Ltd., hold 25.6% and 25.2% of the shares, respectively[11]. - Shareholders' equity amounted to approximately $3.98 billion, remaining unchanged from the previous period[27]. Research and Development - The company experienced a significant increase in research and development expenses during the reporting period, contributing to the decline in net profit[10]. - Research and development expenses for the third quarter of 2021 were CNY 20,944,227.02, reflecting ongoing investment in innovation[19].

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 2.11 billion, representing a 70.53% increase compared to CNY 1.24 billion in the same period last year[17]. - The net profit attributable to shareholders was CNY 93 million, a 10.76% increase from CNY 84 million in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 140 million, showing a significant increase of 98.32% compared to CNY 71 million in the same period last year[17]. - Basic earnings per share rose to CNY 0.0856, a 12.34% increase from CNY 0.0762 in the same period last year[19]. - The weighted average return on net assets increased by 0.22 percentage points to 2.62%[19]. - The company reported a total non-recurring loss of approximately CNY 47 million, primarily due to losses from financial assets and other operational expenses[20]. - The company achieved a revenue of 2.111 billion yuan, an increase of 70.53% year-on-year[28]. - Net profit attributable to shareholders reached 93.01 million yuan, up 10.76% year-on-year, while net profit excluding non-recurring gains and losses was 140.09 million yuan, an increase of 98.32% year-on-year[28]. Cash Flow and Assets - The net cash flow from operating activities decreased by 43.44% to CNY 244 million, down from CNY 432 million in the previous year[17]. - Total assets increased by 10.77% to CNY 7.87 billion, compared to CNY 7.10 billion at the end of the previous year[18]. - The net cash flow from operating activities decreased by 43.44% to ¥244,375,186.50, down from ¥432,059,355.08 in the previous year[36]. - The company reported a significant increase in long-term borrowings, which rose by 362.38% to ¥739,493,788.40 from ¥159,931,323.62[39]. - The total amount of guarantees provided by the company, including those to subsidiaries, was RMB 121.77 million, accounting for 30.69% of the company's net assets[85]. - The total liabilities increased to CNY 3,899,096,690.66, compared to CNY 3,122,373,406.90 at the end of 2020, marking a rise of 24.9%[104]. Investments and Subsidiaries - The company established a new subsidiary, Shangrao Yongneng Biomass Energy Technology Co., Ltd., with a registered capital of CNY 76 million, focusing on biomass power generation and energy utilization technology development[44]. - The company invested ¥1,249.15 million in Zhejiang Electric Power Trading Center Co., Ltd., which has a registered capital of ¥27,098.50 million, representing a 4% stake[42]. - The company completed the acquisition of 100% equity in Ning Neng Lin Gao Biomass Power Generation Co., Ltd. as of the reporting period end[73]. - The company has 25 subsidiaries included in the consolidated financial statements, reflecting a broad operational scope[136]. Market and Growth Strategy - The company plans to focus on biomass power generation, energy environmental protection, wind power generation, and comprehensive energy services as key growth areas[28]. - The company aims for a compound annual growth rate of 10% in combined heat and power (CHP) installed capacity over the next five years, expecting to exceed 800 million kilowatts by 2026[22]. - The company is actively expanding its energy service platform and enhancing operational efficiency through smart scheduling and refined management[29]. - The company is focusing on expanding its biomass power generation capabilities and enhancing energy efficiency through new technologies[44]. Environmental and Compliance - The total environmental protection investment for the first half of 2021 amounted to CNY 9.8959 million, covering various environmental expenses[63]. - The company has implemented pollution control measures, including low-nitrogen combustion technology and desulfurization systems, to reduce emissions of sulfur dioxide and nitrogen oxides[68][69]. - The company has achieved compliance with national pollution discharge standards, with all pollution control devices operating normally[63][68]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[67]. Risks and Challenges - The company faced risks including macroeconomic fluctuations, policy changes related to carbon emissions, and market risks affecting electricity supply and demand[49]. - The company anticipates challenges from rising coal prices and regulatory pressures on the energy sector, which may impact profitability[50]. Corporate Governance and Management - The company appointed Zheng Yi as the Chief Economist and Zou Xi as the Employee Director in January and June 2021, respectively, following the resignation of the previous Employee Director and Deputy General Manager, Zhong Xiaodong[55][56]. - The company is implementing a performance-based compensation system and exploring mixed ownership reforms to boost employee motivation and corporate vitality[33]. - The company has not proposed any profit distribution or capital reserve transfer plans for the first half of 2021, with no dividends or stock bonuses planned[57]. Financial Reporting and Compliance - The financial statements were approved by the board on August 24, 2021, ensuring compliance with accounting standards[137]. - The financial statements comply with the enterprise accounting standards, reflecting the company's financial position and operating results accurately[140]. - The company's accounting period runs from January 1 to December 31 each year[141].

Financial Performance - Operating revenue rose by 54.72% to CNY 956,087,664.73 year-on-year[7] - Net profit attributable to shareholders increased by 76.22% to CNY 44,243,241.08 compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses surged by 660.06% to CNY 73,696,553.02[7] - Total revenue for Q1 2021 reached ¥956,087,664.73, a significant increase of 54.8% compared to ¥617,952,320.85 in Q1 2020[30] - The company reported a net profit of ¥66,151,074.28 for Q1 2021, compared to ¥39,914,620.62 in Q1 2020, showing a growth of 65.7%[30] - The net profit for Q1 2021 reached CNY 30,370,055.05, representing a growth of 30.5% from CNY 23,335,497.61 in the same period last year[35] - The total profit for Q1 2021 was CNY 29,334,202.79, compared to CNY 24,228,550.83 in Q1 2020, reflecting a year-over-year increase of 21.0%[34] Assets and Liabilities - Total assets increased by 11.33% to CNY 7,906,716,009.13 compared to the end of the previous year[7] - Total liabilities reached CNY 3,122,373,406.90, reflecting an increase of CNY 20,075,476.90[45] - Current liabilities totaled ¥2,829,395,138.24, an increase from ¥2,569,162,091.94 in the previous year[23] - Non-current assets increased to ¥3,431,721,675.74 from ¥3,355,408,853.20, reflecting a growth of 2.3%[27] - Total current assets were CNY 815,150,930.76, reflecting no change[48] - The company reported goodwill of CNY 9,555,999.43, remaining unchanged[44] Cash Flow - Cash flow from operating activities decreased by 31.00% to CNY 162,033,885.52 compared to the previous year[7] - The cash flow from operating activities for Q1 2021 was CNY 162,033,885.52, a decrease of 30.9% from CNY 234,829,241.67 in Q1 2020[37] - The company reported a net cash flow from financing activities of ¥645,634,343.15, a 16.98% increase from ¥551,916,960.91 year-on-year[17] - The cash inflow from operating activities totaled CNY 1,168,673,593.38 in Q1 2021, compared to CNY 800,148,646.55 in Q1 2020, reflecting a growth of 46.0%[37] - The company experienced a net cash outflow from investment activities of -42,052,874.00 RMB in Q1 2021, compared to -493,922,376.97 RMB in Q1 2020, showing improvement[40] Shareholder Information - The number of shareholders reached 45,866 at the end of the reporting period[10] - The total equity attributable to shareholders reached ¥3,572,268,718.42, compared to ¥3,525,331,542.83 in the previous year[23] - Shareholders' equity as of March 31, 2021, was ¥2,903,553,865.73, an increase from ¥2,870,410,109.09 at the end of 2020[28] Expenses - Financial expenses increased by 35.35% to ¥11,314,657.69, primarily due to higher interest expenses compared to ¥8,359,798.75 in the previous year[17] - The company's management expenses rose by 38.41% to ¥43,841,998.35, mainly due to increased employee compensation compared to ¥31,674,749.32 last year[17] - The company's financial expenses for Q1 2021 were CNY 6,828,639.66, up from CNY 4,713,258.27 in Q1 2020, indicating a rise of 44.8%[34] Research and Development - Research and development expenses amounted to ¥3,115,072.19, reflecting new investments in subsidiary R&D efforts[17] Other Information - The implementation of the new leasing standard did not apply to the company for the reporting period[50] - There were no adjustments made to prior comparative data due to the new leasing standard[50] - The audit report for the financial results is not applicable for this quarter[50] - The company did not provide any specific user data or metrics in this report[50] - Future outlook and performance guidance were not discussed in the conference call[50] - There were no mentions of new product or technology developments in this report[50] - Market expansion strategies were not highlighted in the financial results[50] - No mergers or acquisitions were reported during this quarter[50] - Other strategic initiatives were not detailed in the conference call[50]

Financial Performance - The net profit attributable to shareholders for 2020 was CNY 252,610,968.23, with the parent company achieving a net profit of CNY 163,213,024.62[4] - The company's operating revenue for 2020 was approximately RMB 4.41 billion, representing a year-on-year increase of 29.28% compared to RMB 3.41 billion in 2019[22] - The net profit attributable to shareholders for 2020 was approximately RMB 252.61 million, a 116.53% increase from RMB 116.66 million in 2019[22] - The basic earnings per share for 2020 was RMB 0.2361, up 113.28% from RMB 0.1107 in 2019[22] - The weighted average return on equity increased to 7.27% in 2020, up 3.74 percentage points from 3.53% in 2019[22] - The total profit for 2020 was 336.35 million yuan, representing a year-on-year increase of 74.08%[38] - The company reported a total of RMB 89.31 million in non-recurring gains and losses for 2020, compared to RMB 68.20 million in 2019[27] - The company’s net assets attributable to shareholders at the end of 2020 were approximately RMB 3.53 billion, an increase of 2.49% from RMB 3.44 billion at the end of 2019[22] Dividend Distribution - The company plans to distribute a cash dividend of CNY 1.35 per 10 shares, amounting to a total of CNY 150,898,708.49, which represents 59.74% of the net profit attributable to shareholders for 2020[4] - The company reported a cash dividend of 1.35 RMB per 10 shares for 2020, with a payout ratio of 59.74% of net profit attributable to ordinary shareholders[95] Acquisitions and Investments - The company completed a cash acquisition of 100% equity in Ningneng Lingao Biomass Power Co., Ltd. from Kaitou Energy during the reporting period[23] - The company acquired 100% equity of Lingao Biomass, 35% equity of Wanhua Thermal Power, 35% equity of CNOOC Industrial Gas, and 10% equity of Guoneng Sanfa, enhancing investment returns and industry scale[40] - The company has completed the acquisition of 100% equity in Ningbo Thermal Power and other energy assets, enhancing its market position[99] Operational Highlights - The company produced 307.68 thousand tons of steam, a decrease of 12.52% year-on-year, while electricity production was 110,410.18 million kWh, an increase of 8.56%[38] - The company achieved a total electricity sales volume of 976 million kWh, representing a year-on-year increase of 10.90%[43] - The total power generation during the reporting period was 111,360.20 million kWh, with a year-on-year increase of 9.49%[69] - The efficiency of thermal power generation improved, with utilization hours increasing to 3185.67 hours from 2227.74 hours year-on-year[71] Financial Health and Risk Management - The company has maintained a standard unqualified audit opinion from Tianheng Accounting Firm[3] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[6] - The company faces macroeconomic fluctuations that could impact energy demand, particularly for steam and electricity[89] - The company has identified risks related to fluctuating raw material prices, which could impact profitability in the short term[90] - The company has maintained effective internal controls over credit management related to financing lease receivables[200] Environmental and Social Responsibility - The company emphasizes social responsibility and environmental protection, aiming for near-zero emissions in its operations[36] - Environmental compliance is being monitored, with emissions of sulfur dioxide and nitrogen oxides reported below regulatory limits, ensuring adherence to environmental standards[130] - The total environmental investment for the five production enterprises in 2020 amounted to 29.8521 million yuan[131] - The company has disclosed its social responsibility report, highlighting its commitment to community engagement and sustainable practices[129] Corporate Governance - The company has a strong governance structure with independent directors contributing to oversight and strategic direction[161] - The board of directors held a total of 15 meetings during the year, with 3 conducted in person and 12 via communication methods[178] - The company adheres to legal and regulatory requirements in its governance structure, ensuring clear responsibilities among shareholders, the board, and management[175] Employee and Management Structure - The total number of employees in the company and its main subsidiaries is 1,135, with 67 in the parent company and 968 in subsidiaries[169] - The company has implemented stock incentive plans for several executives, including a total of 522,500 CNY for Vice General Manager Zou Xi[160] - The company has established an annual target responsibility assessment mechanism for senior management, linking their annual salary to the company's asset status and profitability[181] Related Party Transactions - The total amount of related party transactions for the year is estimated at RMB 116,370,000, with actual transactions amounting to RMB 53,950,280, an increase from RMB 46,384,550 in the previous year, representing a growth of approximately 16.7%[108] - The company’s related party transactions accounted for a notable percentage of total transactions, with some transactions exceeding 10% of similar transaction amounts[109] Future Outlook - The company plans to complete and put into operation several projects in 2021, including the biomass project in Fengcheng and the thermal power project in Jingshi[40] - The company expects to add approximately 18 million kW of new power generation capacity in 2021, with non-fossil energy accounting for about 14 million kW[32] - The company aims to increase the share of non-fossil energy in total energy consumption to around 20% as part of the national energy strategy[85]