Financial Performance - The company's operating revenue for the first half of 2023 was ¥3,697,657,222.74, representing a year-on-year increase of 7.12% compared to ¥3,451,995,552.84 in the same period last year[15]. - The net profit attributable to shareholders of the listed company decreased by 23.86% to ¥712,461,375.77 from ¥935,684,404.39 in the previous year[15]. - The net profit after deducting non-recurring gains and losses was ¥644,773,724.51, down 23.77% from ¥845,862,194.07 in the same period last year[15]. - Basic earnings per share for the first half of 2023 were ¥0.15, down 21.05% from ¥0.19 in the same period last year[16]. - The weighted average return on net assets decreased by 1.59 percentage points to 4.09% from 5.68% in the previous year[16]. - The total production volume of water supply was 35,592.03 million m³, showing a year-on-year decrease of 1.90%[26]. - The total sales volume of water was 29,851.95 million m³, reflecting a year-on-year decrease of 2.93%[26]. - The total comprehensive income for the first half of 2023 was CNY 728.77 million, compared to CNY 908.21 million in the first half of 2022, indicating a decrease of approximately 19.7%[116]. Cash Flow and Assets - The net cash flow from operating activities increased by 22.85% to ¥1,210,157,312.64, compared to ¥985,039,783.53 in the previous year[15]. - The total assets at the end of the reporting period were ¥32,544,243,156.21, an increase of 1.84% from ¥31,957,520,340.33 at the end of the previous year[15]. - The total liabilities increased from approximately 14.79 billion to 15.94 billion, representing a growth of about 7.77%[107]. - The total equity attributable to shareholders decreased from approximately 17.07 billion to 16.50 billion, a decline of about 3.36%[107]. - The ending balance of cash and cash equivalents was CNY 2,526,376,370.51, an increase from CNY 2,294,149,655.86 at the end of the previous year[119]. Market Position and Operations - The company holds approximately 55% of the drinking water market and 86% of the sewage treatment market in the main urban area of Chongqing[22]. - The company is actively expanding its market presence in provinces such as Sichuan, Yunnan, Hubei, and Henan[22]. - The company has a total design capacity of 2,042 tons/day for sludge treatment and disposal projects under its management[21]. - The company is focused on enhancing its service quality and efficiency in response to stricter environmental regulations and market demands[22]. - The company has established a comprehensive operational management system that emphasizes digitalization and smart water management, enhancing equipment reliability and utilization[32]. Costs and Expenses - The main reasons for the decrease in net profit include increased depreciation and amortization of water supply and drainage assets by ¥119,140,000 and increased electricity costs by ¥36,570,000[17]. - The cost of water supply increased by 13.80% year-on-year to 69,535.01 million RMB, while the gross margin decreased by 12.18 percentage points to 14.14%[24]. - Wastewater treatment costs rose by 26.76% year-on-year to 130,342.39 million RMB, with a gross margin decrease of 8.21 percentage points to 42.06%[24]. - Research and development expenses increased by 134.68% year-on-year, amounting to CNY 1.90 million[34]. Regulatory and Compliance - The company is committed to complying with environmental regulations to avoid increased operational or legal costs[44]. - The company has implemented a strict water quality management system, ensuring compliance with Class A discharge standards and enhancing wastewater treatment capabilities[60]. - The company has received local environmental impact assessments and approvals for its projects, ensuring compliance with environmental regulations[54]. Risks and Challenges - The company faces risks related to raw material supply, including increased costs during flood and drought periods[43]. - The company is at risk of not being able to adjust water prices in a timely manner due to rising supply costs[43]. - The new drinking water hygiene standards implemented in April 2023 may lead to increased costs and potential water quality issues[43]. - The company is exposed to risks of increased operational costs due to rising prices of production agents and energy costs, particularly electricity[45]. Shareholder and Equity Information - The largest shareholder, Chongqing Derun Environment Co., Ltd., holds 50.04% of the shares, totaling 2.4018 billion shares[89]. - The second-largest shareholder, Chongqing Water Environment Holding Group Co., Ltd., holds 38.52% of the shares, totaling 1.8492 billion shares[89]. - The company has a total of 37,528 common shareholders as of the reporting period[88]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[49]. Strategic Initiatives - The company plans to apply for water price adjustments if the cost of water supply increases significantly, following the legal procedures established by local government[25]. - The company is committed to technological innovation and has developed over 300 testing capabilities for water quality, ensuring compliance with national standards[32]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[130]. Financial Instruments and Accounting - The company recognizes expected liabilities for obligations arising from guarantees, litigation, product quality assurance, and loss contracts when the obligation can be reliably measured[194]. - The group classifies financial assets based on the business model and cash flow characteristics, including amortized cost, fair value through other comprehensive income, and fair value through profit or loss[156]. - The company recognizes financial assets or liabilities when it becomes a party to the financial instrument contract, with regular way trades accounted for on the transaction date[155].

公司董事长及经理层成员2022年度薪酬分配方案经过 公司董事会薪酬与考核委员会审核及公司董事会审议批准， 公司董事长2022年度薪酬分配方案尚需提交公司股东大会 审议批准，审议、审批程序符合相关法律法规的规定，不存 在损害公司及股东利益的情形。 （此页无正文， 为《关于重庆水务集团股份有限公司董事长及经理层成员 2022 年度薪酬分配方案的独立意见》之签署页) 独立董事签字: for (张 智) (傅达清) 关于重庆水务集团股份有限公司董事长及经理层 成员 2022 年度薪酬分配方案的独立意见 根据中国证监会《上市公司独立董事规则》《上市公司 治理准则》及《公司章程》的有关规定，我们作为重庆水务 集团股份有限公司的独立董事，本着审慎负责的态度，在审 阅相关材料后，对公司董事长及经理层成员2022年度薪酬分 配方案发表意见如下： (石 慧 ) 2023 年 8 月 17 日 （此页无正文，为《关于重庆水务集团股份有限公司董事长及经理层成员 2022 年度薪酬分配方案的独立意见》之签署页） 独立董事签字： （张 智） （傅达清） （石 慧） 2023 年 8 月 17 日 ( 此页无正文, 为《关于重庆水务集团股 ...

| 证券代码：601158 | 证券简称：重庆水务 | | | 公告编号：临 | 2023-036 | | --- | --- | --- | --- | --- | --- | | 债券代码：163228 | 债券简称：20 | 渝水 | 01 | | | | 债券代码：188048 | 债券简称：21 | 渝水 | 01 | | | 重庆水务集团股份有限公司 第五届董事会第二十八次会议决议公告 本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 重庆水务集团股份有限公司（以下简称"公司"）第五届董事会第 二十八次会议（2023 年半年度会议）于 2023 年 8 月 17 日在公司 11 楼会议室以现场加视频方式召开。本次会议的通知已于 2023 年 8 月 7 日送达全体董事和监事。会议由董事长郑如彬先生主持，应到董事 7 人，实到董事 7 人。郑如彬董事、廖高尚董事、付朝清董事、黄嘉 頴董事、张智董事出席现场会议，傅达清董事、石慧董事以视频方式 出席。公司监事、部分高级管理人员列席会议。会议的召集和召开符 合《中华人民共和国公司 ...

| 债券代码：163228 | 债券简称：20渝水01 | | | | --- | --- | --- | --- | | 证券代码：601158 债券代码：188048 | 证券简称：重庆水务 债券简称：21渝水01 | 公告编号：临 | 2023-038 | 重庆水务集团股份有限公司关于获得财政补助的公告 本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 重要内容提示： 2023 年 8 月 16 日至 2023 年 8 月 18 日，本公司获得与收益相 关的政府补助共计 25,273.72 万元（未经审计），占公司 2022 年度经 审计归属于上市公司股东净利润的 13.24%。 对当期损益的影响：按照《企业会计准则第 16 号——政府补 助》的有关规定，公司将收到的上述补助资金认定为与收益相关的政 府补助，计入本期其他收益，预计影响本期利润总额增加 25,273.72 万元，具体会计处理以及对公司当期损益的影响情况仍需以审计机构 年度审计确认后的结果为准。 一、获取补助的基本情况 根据《重庆市人民政府关于授予重庆水务集团股份有 ...

重庆水务集团股份有限公司 制度管理规则 第一章 总则 第一条 为规范重庆水务集团股份有限公司（以下简称公 司）制度的制定、执行、评估、修改、废止等管理活动，强化制 度全生命周期管理，建立健全分级分类的制度体系，促进依法治 企，根据《中华人民共和国公司法》等相关法律法规、规范性文 件和公司章程等规定，结合实际，制定本规则。 第二条 公司本部制定、执行、评估、修改、废止制度适用 本规则。公司所属全资、控股和实际控制子公司（以下简称所属 单位）应根据本规则，结合实际，建立健全本单位分级分类的制 度体系。 第三条 本规则所称制度，是指公司根据国家有关法律法 规、国资监管制度及要求、上市公司监管制度及要求、上级单位 有关规定等，按照公司内部决策权限和程序制定，以公司名义印 发，在公司内部长期反复适用、具有普遍约束力的文件。 第四条 制度制定应遵循以下原则： （一）前瞻性原则。从公司可持续发展的角度制定制度，避 免因经营环境的快速变化而频繁修改。 — 1 — （二）实效性原则。从公司运营实际出发制定制度，认真调 查研究，确保制度的可操作。 （三）系统性原则。从公司全局出发制定制度，避免制度间 相互冲突。 第二章 制度管理 ...

| 证券代码：601158 | 证券简称：重庆水务 | | | 公告编号：临 | 2023-037 | | --- | --- | --- | --- | --- | --- | | 债券代码：163228 | 债券简称：20 | 渝水 | 01 | | | | 债券代码：188048 | 债券简称：21 | 渝水 | 01 | | | 重庆水务集团股份有限公司 关于召开 2023 年半度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： （网址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 8 月 22 日（星期二）至 8 月 28 日（星期一） 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过 公司邮箱：swjtdsb@cqswjt.com 进行提问。公司将在说明会上对投资 者普遍关注的问题进行回答。 重庆水务集团股份有限公司（下称"公司"）已于 2023 年 8 月 19 日发布公司 2023 ...

| 债券代码：163228 | 债券简称：20渝水01 | | | | --- | --- | --- | --- | | 证券代码：601158 债券代码：188048 | 证券简称：重庆水务 债券简称：21渝水01 | 公告编号：临 | 2023-035 | 投资风险。 特此公告。 重庆水务集团股份有限公司董事会 2023 年 8 月 15 日 2023 年 8 月 14 日，重庆水务集团股份有限公司（以下简称"公 司"）接到公司间接控股股东重庆水务环境控股集团有限公司（以下 简称"水务环境集团"）通知：为深化国有企业改革，重庆市国有资产 监督管理委员会拟将其持有的水务环境集团 80%股权无偿划转给重 庆渝富控股集团有限公司，目前正在履行相关审批程序。本次无偿划 转事项不会导致公司直接控股股东、间接控股股东及实际控制人变更， 公司直接控股股东仍为重庆德润环境有限公司，公司间接控股股东仍 为水务环境集团，公司实际控制人仍为重庆市国有资产监督管理委员 会。本次划转不会对公司日常生产经营活动构成重大影响。 本次划转事项尚需获得有权机关批准，有关事项具有不确定性。 为保证及时、公平地披露信息，维护广大投资者利益， ...

Financial Performance - The company's operating revenue for 2020 was approximately RMB 6.35 billion, representing a year-on-year increase of 12.61% compared to RMB 5.64 billion in 2019[15]. - The net profit attributable to shareholders of the listed company for 2020 was approximately RMB 1.77 billion, an increase of 6.66% from RMB 1.66 billion in 2019[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately RMB 1.67 billion, reflecting an 8.59% increase from RMB 1.54 billion in 2019[15]. - The net cash flow generated from operating activities was approximately RMB 2.30 billion, showing a slight increase of 2.74% compared to RMB 2.24 billion in 2019[15]. - Basic earnings per share for 2020 was CNY 0.37, an increase of 5.71% compared to CNY 0.35 in 2019[16]. - Diluted earnings per share for 2020 was also CNY 0.37, reflecting the same growth of 5.71% from 2019[16]. - The weighted average return on equity increased by 0.39 percentage points to 11.57% in 2020 from 11.18% in 2019[17]. - The company achieved a total operating revenue of 6.35 billion RMB, an increase of 12.61% year-on-year[34]. - The net profit reached 1.77 billion RMB, reflecting a year-on-year growth of 6.66%[34]. - The total revenue from the Chongqing region was ¥5,251,222,540.85, reflecting an 11.91% increase year-on-year, with a gross margin of 43.13%[37]. Assets and Liabilities - As of the end of 2020, the net assets attributable to shareholders were approximately RMB 15.52 billion, a 0.76% increase from RMB 15.41 billion at the end of 2019[15]. - The total assets of the company at the end of 2020 were approximately RMB 24.53 billion, marking an 11.39% increase from RMB 22.03 billion at the end of 2019[15]. - The company's total liabilities at the end of the reporting period were 24,000,000,000.00 RMB, with a significant increase in accounts payable by 42.64%[48]. - The company's total liabilities to total assets ratio increased to approximately 36.4% in 2020 from 29.9% in 2019, indicating a higher leverage position[183]. - The company's equity attributable to shareholders rose to ¥15,522,660,334.47 in 2020, compared to ¥15,405,899,381.54 in 2019, showing a slight increase of about 0.76%[183]. Cash Flow - The net cash flow from operating activities for 2020 was CNY 2,368,070,574.26, an increase of 99.0% compared to CNY 1,190,006,393.24 in 2019[196]. - The total cash inflow from financing activities was CNY 2,048,517,042.09, significantly higher than CNY 523,462,456.66 in 2019[196]. - The cash and cash equivalents at the end of the year stood at CNY 2.77 billion, an increase from CNY 2.21 billion at the beginning of the year, indicating improved liquidity[194]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 2.55 per 10 shares, totaling RMB 1.22 billion to all shareholders for the 2020 fiscal year[4]. - In 2020, the company distributed a cash dividend of 1,224,000,000.00 RMB, which accounted for 69.01% of the net profit attributable to ordinary shareholders[71]. - The cash dividend per 10 shares in 2020 was 2.55 RMB, slightly down from 2.57 RMB in 2019[71]. Market and Operational Expansion - The company has expanded its sewage treatment projects in various regions, including Sichuan and Hubei provinces, enhancing its market presence[25]. - The company aims to enhance its market presence in provinces such as Sichuan, Yunnan, and Henan, targeting national expansion in the water and environmental protection sectors[27]. - The company successfully expanded its market by winning several PPP projects, including the Kunming Wuhua Water Environment Comprehensive Governance project[30]. - The company is committed to digital transformation and smart water management, leveraging big data and cloud computing technologies[29]. Environmental and Social Responsibility - The company reduced COD emissions by nearly 260,000 tons and ammonia nitrogen emissions by 25,000 tons during the year[32]. - The company made cash donations totaling 630,000 RMB to local charities as part of its social responsibility initiatives[32]. - The company provided a water price discount of 25.88 million RMB and waived late fees exceeding 1.25 million RMB to support small and medium-sized enterprises during the pandemic[108]. Risks and Compliance - The company has detailed potential risks in its report, particularly in the section discussing future development[6]. - The company is committed to complying with environmental regulations to mitigate risks associated with increased operational costs due to stricter enforcement[68]. - The company faces risks related to raw material supply, particularly due to uneven rainfall in Chongqing, which may increase water extraction and purification costs[67]. Governance and Management - The company has a clear policy for avoiding conflicts of interest and ensuring fair pricing in related transactions[150]. - The company has maintained a consistent shareholding structure with no changes in the number of shares held by executives throughout the year[133]. - The company has experienced changes in its board, with Wang Shian resigning as chairman and director on December 30, 2020, due to work adjustments[144].

Financial Performance - The company's operating revenue for 2021 was CNY 7,252,254,088.48, representing a 14.22% increase compared to CNY 6,349,599,844.62 in 2020[17]. - Net profit attributable to shareholders was CNY 2,077,554,122.67, up 17.13% from CNY 1,773,730,161.83 in the previous year[17]. - The net cash flow from operating activities increased by 18.83% to CNY 2,734,704,901.94 from CNY 2,301,313,982.25 in 2020[17]. - The total assets at the end of 2021 reached CNY 29,244,789,287.61, a 19.20% increase from CNY 24,534,292,342.35 in 2020[17]. - Basic earnings per share rose to CNY 0.43, reflecting a 16.22% increase from CNY 0.37 in 2020[18]. - The weighted average return on equity increased to 13.15%, up 1.58 percentage points from 11.57% in 2020[18]. - The company reported a government subsidy of CNY 275,351,900.00 related to wastewater treatment tax fees, which is closely related to its business operations[23]. - In 2021, the company achieved a total revenue of 7.252 billion yuan, an increase of 14.22% year-on-year, and a net profit of 2.078 billion yuan, up 17.13% year-on-year[26]. Market Position and Expansion - The company holds approximately 54% of the tap water market and about 83% of the sewage treatment market in the main urban area of Chongqing[29]. - The company and its joint ventures collectively occupy around 86% of the tap water market and about 92% of the sewage treatment market in Chongqing, demonstrating a significant regional competitive advantage[29]. - The company aims to expand its water service operations into provinces such as Sichuan, Yunnan, Hubei, and Henan, targeting a strategic goal of becoming a leading comprehensive water service provider in China[29]. - The company successfully expanded its market by acquiring 19 sewage treatment plants and winning several PPP projects, enhancing its competitive edge in the local market[26]. - The company processed 1.486 billion cubic meters of wastewater, representing a year-on-year growth of 18.88%, and sold 621 million cubic meters of tap water, a 9.00% increase[26]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Tianzhi International Accounting Firm[3]. - The company emphasizes the importance of the accuracy and completeness of the annual report, with key personnel affirming its integrity[2]. - The company has maintained strict compliance with information disclosure regulations, ensuring no false records or significant omissions occurred during the reporting period[84]. - The company has established a system to manage insider information, ensuring confidentiality and fairness in information disclosure[84]. - The company has actively improved its corporate governance structure in accordance with relevant laws and regulations, enhancing operational transparency and shareholder rights[84]. Environmental Responsibility - The company reduced COD emissions by approximately 317,100 tons and ammonia nitrogen by about 30,800 tons, demonstrating its commitment to environmental responsibility[27]. - The company’s wastewater treatment plants generated 14 million kilowatt-hours of electricity annually, equivalent to saving about 1,721 tons of standard coal and reducing carbon emissions by approximately 10,000 tons[133]. - The company has implemented advanced energy-saving technologies and processes to reduce carbon emissions in its operations[133]. - The company has successfully upgraded its wastewater treatment standards from Class B to Class A, enhancing water quality in key river basins[135]. - The company has established a three-tier water quality monitoring system to ensure continuous compliance with water quality standards[132]. Financial Management and Investments - The company issued 1 billion yuan in bonds and increased bank borrowings, resulting in a debt-to-asset ratio of 43.57%, up 7.12 percentage points from the previous year[26]. - The company has provided guarantees totaling 1,282.11 million RMB to external parties, excluding subsidiaries, during the reporting period[169]. - The company has a total guarantee amount of 14,139.78 million RMB for its subsidiaries during the reporting period[169]. - The company has entrusted its own funds amounting to 1,000,000,000.00 RMB in bank wealth management products, with an unexpired balance of 500,000,000.00 RMB[172]. - The company has signed an investment agreement for a PPP project in Anning City with a total investment of RMB 70,954.99 million, with a construction period of 3 years and an operation period of 12 years[175]. Research and Development - The company launched 39 new research and innovation projects and completed 16 research topics, focusing on technological advancements and digital transformation[27]. - The total R&D expenditure was 565.58 million RMB, representing 0.08% of total revenue, with 43.97% of R&D costs capitalized[48]. - The company is focusing on digital transformation and technology innovation, implementing a "smart water" initiative using big data and cloud computing[32]. - The company is investing in new technology development, allocating 100 million yuan towards R&D initiatives[89]. Social Responsibility - The company actively participated in social responsibility initiatives, including disaster relief efforts and rural revitalization projects, contributing 500,000 yuan in aid[27]. - The company donated RMB 500,000 to support rural revitalization efforts in Chongqing and provided 28 tons of drinking water for disaster relief in Henan[136]. Future Outlook - For 2022, the company targets a revenue of 7.35 billion RMB and a net profit of 1.937 billion RMB, while ensuring stable operation of water supply and drainage production[76]. - The company aims to achieve an asset scale of 50 billion RMB and revenue exceeding 10 billion RMB by the end of 2025, with a total water supply and drainage capacity of over 9.3 million m³/day and daily sludge treatment capacity of 4,680 tons[75]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[89].

Financial Performance - The company's operating revenue for 2022 was approximately RMB 7.78 billion, representing a 7.26% increase from RMB 7.25 billion in 2021[16]. - The net profit attributable to shareholders for 2022 was approximately RMB 1.91 billion, a decrease of 8.11% compared to RMB 2.08 billion in 2021[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately RMB 1.75 billion, remaining stable compared to RMB 1.75 billion in 2021[16]. - The net cash flow from operating activities for 2022 was approximately RMB 2.69 billion, a decrease of 1.46% from RMB 2.73 billion in 2021[16]. - Basic earnings per share for 2022 was CNY 0.40, a decrease of 6.98% compared to CNY 0.43 in 2021[17]. - The total amount of non-recurring gains and losses for 2022 was CNY 158.36 million, compared to CNY 326.81 million in 2021[21]. - The company reported a net profit margin of 12% for 2022, an increase from 10% in the previous year[81]. - The company achieved a total operating revenue of RMB 7,778,871,869.01, representing a 7.26% increase compared to RMB 7,252,254,088.48 in the previous year[33]. Assets and Liabilities - As of the end of 2022, the net assets attributable to shareholders were approximately RMB 17.07 billion, an increase of 3.89% from RMB 16.43 billion at the end of 2021[16]. - The total assets as of the end of 2022 were approximately RMB 31.96 billion, reflecting a 9.28% increase from RMB 29.24 billion at the end of 2021[16]. - The company's long-term borrowings increased by 64.57%, from ¥1,983,514,520.52 to ¥3,264,327,598.10[51]. - Total liabilities reached ¥14.79 billion, up from ¥12.74 billion, which is an increase of 16.06%[193]. - The debt-to-asset ratio increased by 6.20% from 43.57% in 2021 to 46.27% in 2022[182]. Operational Highlights - The company processed a total of 1.479 billion cubic meters of wastewater, a decrease of 0.45% year-on-year, while tap water sales reached 643 million cubic meters, an increase of 3.62% year-on-year[25]. - The company expanded its daily water supply capacity to 3.2215 million cubic meters, with an increase of 196,000 cubic meters, and its daily wastewater treatment capacity reached 4.60595 million cubic meters, with an increase of 357,400 cubic meters[25]. - The company launched 76 technology projects and completed 174 innovation projects, obtaining 219 patents during the year[26]. - The company reported a COD reduction of nearly 313,600 tons and an ammonia nitrogen reduction of approximately 32,800 tons in its wastewater treatment operations[26]. - The company processed a total of 1.451 billion cubic meters of wastewater during the year, achieving a reduction of approximately 313,600 tons of COD and 32,800 tons of NH3-N[118]. Market Position and Strategy - The company holds approximately 55% of the drinking water market and about 86% of the sewage treatment market in Chongqing, with joint ventures covering around 90% and 95% respectively[27]. - The company is expanding its market presence into provinces such as Sichuan, Yunnan, Hubei, and Henan, aiming to become a leading comprehensive water service provider in China[27]. - The company is focusing on technological advancements and smart water management to improve efficiency and reduce leakage rates in the water supply sector[27]. - The company is actively pursuing mergers and acquisitions to expand its service capabilities and market reach within the water management sector[27]. - The company aims to achieve an asset scale of 50 billion yuan and revenue exceeding 10 billion yuan by the end of 2025, with a total water supply and drainage capacity of over 9.3 million m³/day and daily sludge treatment capacity of 4,680 tons[68]. Governance and Compliance - The company has received a standard unqualified audit report from Da Xin Accounting Firm for the fiscal year[2]. - The company maintained strict compliance with information disclosure regulations, ensuring no false records or significant omissions occurred during the reporting period[73]. - The board of directors consists of 7 members, including 3 independent directors, and all directors fulfilled their duties diligently without any absences[73]. - The company has established a clear decision-making process for related transactions to protect shareholder interests[73]. - The company has not reported any significant changes in related party transactions or competition that would impact its operations[75]. Future Outlook - For 2023, the company targets a revenue of 8 billion yuan and a net profit of 1.815 billion yuan[69]. - The company plans to maintain a water supply leakage rate below 8.5% and ensure 100% compliance with water quality standards[69]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[80]. - The company plans to increase investment in research and development to drive innovation and improve product offerings[79]. - The company is considering strategic acquisitions to enhance its service offerings, with a target of acquiring two companies by the end of the year[80]. Social Responsibility - The company actively participated in social responsibility initiatives, donating 500,000 yuan for the construction of a water plant in Shizhu Qiaotou Town and supporting consumption poverty alleviation with 430,000 yuan[26]. - The company has committed to avoiding competition with Chongqing Water Affairs and ensuring that any business opportunities that may compete will be notified and transferred to Chongqing Water Affairs[127]. - The company is committed to rural revitalization efforts, as discussed in the board meeting on November 10, 2022[89].