Environmental Impact - In 2022, the company generated 1,202,938 kWh of electricity from rooftop photovoltaic facilities, reducing carbon dioxide emissions by approximately 1,199 tons[3]. - The company reported actual emissions of COD at 169.1 tons and ammonia nitrogen at 9.6 tons in 2022, well within the permitted limits[20]. - The company emphasizes the importance of ecological and cultural heritage protection in its development strategy[5]. - The company has been recognized with the 2022 China EU Chamber Carbon Neutrality Excellence Award, highlighting its commitment to environmental sustainability[134]. Social Responsibility - The total investment in social responsibility projects amounted to 732,400 CNY, benefiting approximately 1,300 individuals through various initiatives[4]. - The company allocated 1,200,000 CNY for dividends to farmers in the Chuangxin Haiyu Garden project, directly benefiting around 600 individuals[6]. - The company established the Chuangxin Haiyu New Urbanization Development Fund with an investment of 600,000 CNY to support local education and healthcare initiatives[8]. - The company has successfully engaged local villagers in project development, providing them with fixed land rental income and project dividends[8]. Financial Performance - The company’s total net profit for the year was RMB 1.61 billion, which is the basis for the dividend distribution[39]. - Basic earnings per share for 2022 increased to RMB 1.07, reflecting a 4.90% growth compared to RMB 1.02 in 2021[49]. - The weighted average return on equity for 2022 was 12.61%, a slight decrease of 0.50% from 13.11% in 2021[49]. - Non-recurring gains and losses for 2022 totaled approximately RMB 133.72 million, significantly higher than RMB 44.83 million in 2021[52]. - The company reported a decrease in the basic earnings per share after deducting non-recurring gains and losses to RMB 0.98, down 1.01% from RMB 0.99 in 2021[49]. - The company received government subsidies amounting to RMB 84.21 million in 2022, compared to RMB 79.26 million in 2021[52]. Investment and Development - In 2022, the company successfully attracted over CNY 10 billion in new registered foreign and domestic investment, including USD 1.2 billion in registered foreign capital[73]. - The company introduced nearly 100 new projects, including 68 technology projects, demonstrating a strong focus on innovation and development[73]. - A total investment of CNY 2.7 billion was completed for the expansion of the high-end display module project by Huaxing Optoelectronics[73]. - The company is currently managing 66 public-funded projects within the park, with a total investment of approximately CNY 6.5 billion[74]. - The company has attracted over 290 industrial projects with a total investment exceeding CNY 85 billion in the Suzhou-Chuzhou High-tech Industrial Development Zone as of December 31, 2022[78]. - The company has cumulatively invested in 38 funds with a total commitment of CNY 3.5 billion, which facilitated nearly CNY 47 billion in total investments across various parks[84]. Revenue and Cash Flow - In 2022, the company achieved a revenue of approximately CNY 4.74 billion, representing a year-over-year increase of 21.05% compared to CNY 3.92 billion in 2021[85]. - The net profit attributable to shareholders was approximately CNY 1.61 billion, reflecting a growth of 5.65% from CNY 1.52 billion in the previous year[85]. - The net cash flow from operating activities surged by 211.37%, reaching approximately CNY 1.16 billion, compared to CNY 373.73 million in 2021[85]. Operational Metrics - The company has a total of 1.1 million square meters of standard and custom-built factory space in operation, with an overall occupancy rate of about 95%[139]. - The rental rate for industrial carriers in the Suzhou Industrial Park is approximately 95%, with a comprehensive rental rate exceeding 90%[126]. - The occupancy rate of the newly launched industrial parks has reached approximately 70% within a year[128]. - The company has added nearly 600,000 square meters of new construction area in 2022, covering key cities in the Yangtze River Delta and achieving full coverage of the Hu-Ning industrial innovation belt[126]. Strategic Initiatives - The company has developed a strategic layout focusing on Suzhou, the Yangtze River Delta, and key cities nationwide, with over 250 square kilometers of integrated urban-rural projects developed since 2009[112]. - The company has established a new platform for green low-carbon development in the Anhui Shucheng Economic Development Zone, focusing on distributed energy and industrial wastewater treatment projects[108]. - The company has introduced various policies to attract talent, including housing support for teachers, contributing to the improvement of urban functions[78]. - The company has established two industry investment funds with a total scale of 500 million RMB, targeting high-quality technology projects in the Suzhou Industrial Park and "going out" projects[117]. Challenges and Risks - The gross profit margin in the park development sector has decreased due to higher development costs compared to the previous year[153]. - The company reported a 90.92% decrease in taxes and surcharges, primarily due to the completion of tax settlements for pre-IPO property sales projects[166]. - The accounts receivable increased by 87.51% compared to the end of the previous year, mainly due to the recognition of accounts receivable from the Jiashan project[185]. - The company’s financial expenses increased by 277.86%, primarily due to an increase in borrowings[165].

中新苏州工业园区开发集团股份有限公司 关于召开 2022 年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法律责任。 重要内容提示： 会议召开时间：2023年4月26日（星期三）下午16:00-17:00 证券代码：601512 证券简称：中新集团 公告编号：2023-011 会议召开地点：上海证券交易所上证路演中心（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4月19日（星期三）至4月25日（星期二）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 securities@cssd.com.cn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。 中新苏州工业园区开发集团股份有限公司（以下简称"公司"）将于2023年4月 21日发布公司2022年年度报告，为便于广大投资者更全面深入地了解公司2022年 度经营成果、财务状况，公司计划于2023年4月26日下午16:00-17:00举行2022年 度业绩说明 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥653,521,690.15, representing a year-on-year increase of 21.56%[7] - The net profit attributable to shareholders for Q3 2022 was ¥190,697,897.28, showing a decrease of 2.93% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥185,688,910.62, down 3.11% year-on-year[7] - The basic earnings per share for Q3 2022 was ¥0.1272, a decrease of 2.97% from the previous year[10] - Total operating revenue for the first three quarters of 2022 reached ¥3,076,457,279.33, an increase of 18.3% compared to ¥2,600,704,966.03 in the same period of 2021[30] - Net profit for the third quarter of 2022 was ¥1,362,159,717.49, slightly down from ¥1,380,691,086.05 in the previous year, indicating a decrease of 1.3%[33] - The net profit attributable to shareholders of the parent company for the third quarter was ¥1,032,893,071.96, compared to ¥1,113,352,649.00 in the same quarter of 2021, a decline of 7.2%[37] - The total comprehensive income for the third quarter was ¥1,364,581,617.67, compared to ¥1,383,359,993.99 in the previous year, reflecting a decrease of 1.3%[37] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥31,506,995,887.66, an increase of 7.06% compared to the end of the previous year[10] - The company's total current assets as of September 30, 2022, amount to ¥16,944,613,926.82, an increase from ¥15,756,413,935.88 at the end of 2021[24] - Total assets increased to ¥31,506,995,887.66 from ¥29,430,461,577.43 year-over-year[27] - Total liabilities increased to ¥14,371,680,207.16 from ¥13,073,278,672.55, marking a rise of 9.9%[28] - Total equity rose to ¥17,135,315,680.50, up from ¥16,357,182,904.88, reflecting an increase of 4.8%[28] - Current liabilities totaled ¥7,849,470,447.60, compared to ¥7,792,557,735.62 at the end of 2021[27] - Long-term borrowings increased to ¥5,233,865,937.25 from ¥5,027,868,489.33 year-over-year[27] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥625,720,477.88, reflecting an increase of 8.15%[10] - Cash inflow from operating activities totaled CNY 3,392,162,741.20, a decrease of 12.4% compared to CNY 3,871,780,268.82 in the same period last year[39] - Net cash flow from operating activities increased to CNY 625,720,477.88, up from CNY 578,579,176.33, reflecting a growth of approximately 8.4%[39] - Cash inflow from financing activities reached CNY 3,255,415,050.13, an increase of 42.4% from CNY 2,287,564,537.00 in the same period last year[41] - Net cash flow from financing activities improved significantly to CNY 1,128,741,281.35, compared to CNY 444,776,358.39 in the previous year, marking an increase of approximately 153.5%[41] - The net cash flow from operating activities for the first three quarters of 2022 was ¥546,572,849.31, a decrease of 8.75% compared to ¥598,947,349.68 in the same period of 2021[57] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,010[17] - The largest shareholder, Suzhou Zhongfang Consortium Holdings Co., Ltd., holds 701,480,000 shares, accounting for 46.80% of the total shares[17] - The second largest shareholder, Singapore - Suzhou Township Development Pte Ltd, holds 377,720,000 shares, representing 25.20%[17] Financial Expenses - The company's financial expenses increased by 206.27% year-to-date, mainly due to increased borrowings[12] - Financial expenses for the third quarter were ¥103,620,737.20, a substantial increase from ¥33,832,949.63, indicating a rise of 205.5%[33] - The company reported a financial expense of ¥93,442,501.47, significantly higher than ¥42,764,214.42 in the previous year, indicating an increase of approximately 118.0%[51] Other Income - Other income for the third quarter was reported at ¥61,255,074.34, slightly up from ¥60,174,152.06, showing a growth of 1.8%[33] - Other income for the third quarter was ¥566,899.91, slightly up from ¥555,911.86 year-over-year[51]

Financial Performance - The company reported a total revenue of 1.2 billion yuan for the first half of 2022, representing a year-on-year increase of 15%[18]. - Net profit attributable to shareholders reached 300 million yuan, up 20% compared to the same period last year[18]. - The company's operating revenue for the first half of the year reached ¥2,422,935,589.18, representing a 17.44% increase compared to the same period last year[23]. - The net profit attributable to shareholders decreased by 8.15% to ¥842,195,174.68 from ¥916,889,692.32 in the previous year[23]. - The basic earnings per share decreased by 8.20% to ¥0.56 from ¥0.61 in the same period last year[24]. - The net cash flow from operating activities dropped significantly by 51.11% to ¥437,966,355.01[23]. - The total assets of the company increased by 5.19% to ¥30,956,771,929.12 compared to the end of the previous year[23]. - The company has maintained a strong cash position with cash and cash equivalents totaling 800 million yuan as of June 30, 2022[18]. Market Expansion and Strategy - The company has expanded its user base by 10% in the first half of 2022, reaching a total of 1.5 million active users[18]. - Future outlook indicates a projected revenue growth of 12% for the second half of 2022, driven by new product launches and market expansion strategies[18]. - Market expansion efforts include entering two new provinces, which are expected to contribute an additional 100 million yuan in revenue by the end of 2022[18]. - The company has completed a strategic acquisition of a local competitor for 500 million yuan, enhancing its market share and operational capabilities[18]. - The management has outlined a new strategy focusing on digital transformation to improve customer engagement and service delivery[18]. - The company aims to enhance its position in the park development and operation sector while expanding its industrial investment and green public services[31]. - The company is strategically positioned in the Yangtze River Delta region, focusing on industrial transfer and integration, which has provided a solid foundation for its park development projects[32]. - The company has signed framework agreements for projects in multiple regions, including Jiangsu and Anhui, expanding its market presence[72]. Investment and R&D - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing operational efficiency and sustainability[18]. - The company has identified opportunities for REITs investments in its regional economic zones, aligning with national policies to promote infrastructure investment[33]. - The company has a comprehensive investment strategy that leverages its understanding of the industry to support technology innovation and emerging industries[45]. - The company is exploring REITs and other capital operations to expand its management scale and achieve sustainable development[44]. - The company has cumulatively invested in 19 projects, with a total investment of approximately 35 billion yuan, including 13 leading talent projects[78]. Environmental Compliance and Sustainability - The company has implemented strict pollution discharge standards, including GB13223-2011 for air pollutants and GB8978-1996 for wastewater[135]. - The company has not reported any instances of exceeding pollution discharge limits in the first half of 2022 across its subsidiaries[133]. - The company has developed emergency response plans for environmental incidents and has submitted them to the relevant authorities[146]. - The company has established a self-monitoring scheme for environmental compliance, ensuring timely reporting of monitoring results[147]. - The company has successfully disposed of over 1.3 million tons of sludge, contributing to environmental protection in the Suzhou Industrial Park[153]. - The company reduced its water consumption by 17,900 tons in the first half of 2022, leading to a decrease in carbon dioxide emissions by approximately 16.29 tons[155]. - The company generated 557,732 kWh of solar power in the first half of 2022, leading to a reduction of about 556.06 tons of CO2 emissions[156]. Corporate Governance and IPO Commitments - The company confirms that the prospectus for its initial public offering (IPO) does not contain any false statements, misleading representations, or significant omissions, and it assumes legal responsibility for its authenticity, accuracy, and completeness[170]. - The controlling shareholder, Zhongfang Consortium, commits to not transferring or entrusting the management of its shares for 36 months post-IPO, with an automatic extension of the lock-up period if the stock price falls below the IPO price for 20 consecutive trading days[175]. - The company will establish a buyback plan within 10 working days if the IPO prospectus is deemed misleading, with the buyback price not lower than the IPO price plus interest[170]. - The company will actively promote compliance with public commitments made during the IPO process by its controlling shareholders and senior management[174]. - The company will disclose any inability to fulfill commitments due to uncontrollable factors, ensuring transparency with shareholders[174]. - The company's actual controller has made an irrevocable declaration regarding the authenticity, accuracy, and completeness of the prospectus[196]. - The company's directors and senior management also confirm the prospectus's authenticity and will bear individual and joint legal responsibilities[198].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,490,862,898.86, representing a year-on-year increase of 7.04%[6] - The net profit attributable to shareholders for Q1 2022 was CNY 596,235,826.05, showing a decrease of 9.16% compared to the same period last year[6] - Total operating revenue for Q1 2022 reached ¥1,490,862,898.86, an increase of 7.0% compared to ¥1,392,794,742.15 in Q1 2021[31] - Operating profit for Q1 2022 was ¥1,023,443,972.19, a rise of 3.6% from ¥988,384,264.53 in Q1 2021[33] - Net profit for Q1 2022 amounted to ¥783,452,487.49, reflecting an increase of 3.8% compared to ¥754,982,776.86 in Q1 2021[33] - The company reported a decrease in comprehensive income for Q1 2022, totaling ¥782,786,079.14 compared to ¥754,542,288.48 in Q1 2021[33] - Total cash inflow from operating activities was ¥186,757,598.45, a decrease of 65.24% from ¥537,755,713.94 in Q1 2021[53] Cash Flow - The net cash flow from operating activities was negative at CNY -34,668,393.05, a decline of 110.34% year-on-year[14] - Cash inflow from operating activities totaled CNY 1,067,058,868.11, a decrease of approximately 36.3% from CNY 1,674,627,543.43 in the previous year[40] - Cash outflow from investing activities amounted to CNY 606,245,946.26, down from CNY 685,723,686.92, indicating a reduction of about 11.6%[40] - Net cash flow from financing activities was CNY 919,364,424.24, an increase of approximately 109.7% compared to CNY 438,714,748.43 in the previous year[40] - The ending balance of cash and cash equivalents was CNY 3,335,537,111.12, down from CNY 4,003,099,431.35, representing a decrease of about 16.7%[41] - The net cash flow from operating activities was ¥12,186,963.85, a significant decrease of 97.15% compared to ¥428,519,263.13 in Q1 2021[53] - The net cash flow from financing activities increased to ¥855,713,658.33, compared to ¥229,167,173.61 in Q1 2021, reflecting a growth of 273.36%[53] Assets and Liabilities - Total assets at the end of Q1 2022 reached CNY 30,852,362,847.15, an increase of 4.83% from the end of the previous year[9] - The company's total assets increased to CNY 4,264,387,877.38 from CNY 3,290,494,340.57, indicating a growth of approximately 29.6%[41] - Total liabilities were reported at approximately CNY 16.91 billion, up from CNY 15.76 billion, which is an increase of about 7.2%[22] - The company's total liabilities as of the reporting date were ¥13,660,155,468.58, compared to ¥13,073,278,672.55 in the previous period, indicating a growth of 4.5%[27] - Total equity increased to ¥17,192,207,378.57 from ¥16,357,182,904.88, representing a growth of 5.1%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,004, with the largest shareholder holding 46.80% of the shares[15] - There are no indications of related party transactions or concerted actions among the top shareholders[18] Research and Development - Research and development expenses increased by 33.25% to CNY 1,874,097.21, indicating a focus on green public utility projects[12] - Research and development expenses for Q1 2022 were ¥1,874,097.21, up 33.3% from ¥1,406,415.60 in Q1 2021[31] Financial Expenses - The company experienced a 652.26% increase in financial expenses, totaling CNY 11,034,259.54, primarily due to increased borrowing costs[12] - The company’s financial expenses increased to ¥19,349,887.22 in Q1 2022 from ¥14,429,386.39 in Q1 2021, indicating rising costs in financing[47]

Financial Performance - The company's operating revenue for 2021 was approximately CNY 3.92 billion, representing a 14.74% increase from CNY 3.41 billion in 2020[28]. - Net profit attributable to shareholders for 2021 was approximately CNY 1.52 billion, up 16.40% from CNY 1.31 billion in 2020[28]. - The net cash flow from operating activities for 2021 was approximately CNY 373.73 million, a significant recovery from a negative cash flow of CNY -841.66 million in 2020[28]. - The total assets at the end of 2021 were approximately CNY 29.43 billion, an increase of 14.31% compared to CNY 25.75 billion at the end of 2020[31]. - The basic earnings per share for 2021 was CNY 1.02, reflecting a 17.24% increase from CNY 0.87 in 2020[31]. - The company reported a net profit of CNY 656.38 million in Q1 2021, with total revenue of CNY 1.39 billion for the same quarter[32]. - Non-recurring gains and losses for 2021 included government subsidies amounting to CNY 79.26 million, compared to CNY 72.73 million in 2020[36]. - The company's net assets attributable to shareholders at the end of 2021 were approximately CNY 12.17 billion, a 10.14% increase from CNY 11.05 billion at the end of 2020[31]. - The weighted average return on equity for 2021 was 13.11%, an increase of 0.70 percentage points from 12.41% in 2020[31]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 3.05 per 10 shares, totaling approximately RMB 457.16 million, which represents 30.04% of the net profit attributable to shareholders of RMB 1.52 billion for the year[8]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 25.18 million CNY[180]. - The board has approved a dividend payout of $0.50 per share, reflecting a commitment to returning value to shareholders[187]. Governance and Compliance - The company has received a standard unqualified audit report from Ernst & Young Hua Ming[6]. - The board of directors and supervisory board members have all attended the board meeting, ensuring accountability for the report's accuracy[5]. - The company has confirmed that there are no violations in decision-making procedures for external guarantees[10]. - The company has established a governance structure that includes a shareholder meeting, board of directors, and supervisory board, ensuring compliance with legal requirements[168]. - The board of directors consists of nine members, including one chairman, one vice chairman, and three independent directors, with clear rules governing their responsibilities[170]. - The company has implemented a strict information disclosure system, ensuring timely and accurate reporting in accordance with regulations[173]. - All resolutions passed in the shareholder meetings were approved without any dissenting votes, indicating strong shareholder support[176]. - The company has maintained a stable governance structure with a mix of internal and independent directors, ensuring effective oversight[182]. Strategic Development and Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28]. - The company aims to become a leading enterprise in park development and operation, focusing on a strategy of "one body and two wings" with park development as the core business and industrial investment and green utilities as the two wings[148]. - The company plans to enhance its park development operations by improving core competitiveness and integrating urban and industrial development, with a focus on high-level planning and innovative business models[154]. - The company aims to strengthen its green utilities segment by focusing on distributed photovoltaic, energy storage, and clean energy projects, contributing to the construction of low-carbon parks[159]. - The company anticipates challenges from macroeconomic conditions and policy changes that could impact its operations and project expansion[160]. - The company recognizes market risks due to increased competition and economic uncertainties, which may affect project profitability and operational costs[161]. Investment and Project Development - The company successfully signed nearly 100 high-quality projects, with a total registered investment exceeding 10 billion RMB, including 2.2 million USD in foreign investment[45]. - The company established a wholly-owned subsidiary in Singapore, enhancing its international business cooperation and attracting over 20 projects[44]. - The company’s Suzhou Industrial Park achieved the highest industrial output value growth rate in the city, with 41 industrial projects introduced and a total investment exceeding 18 billion RMB[51]. - The company has expanded its project portfolio with 9 new projects covering nearly 1,800 acres and over 1.2 million square meters of total construction area as of the end of 2021[60]. - The company has established 32 external industry funds with a total subscription amount of nearly 3.2 billion yuan, driving a total investment of nearly 13.4 billion yuan in projects within the Suzhou Industrial Park and various integrated urban-rural parks[62]. Research and Development - The company reported a significant increase in R&D expenses by 129% to 14.35 million RMB, primarily due to the acquisition of HeShun Environmental[83]. - Research and development expenses totaled ¥14,352,533.63, representing 0.37% of operating revenue, indicating ongoing investment in innovation[104]. - The company has 57 R&D personnel, making up 3.18% of the total workforce, reflecting a commitment to research and development[105]. Market Position and Competition - The company is recognized as the top operator of industrial new cities, enhancing its brand advantage in park development[76]. - The top five customers contributed a total of ¥2,157,004,473.24, which is 55.06% of the annual sales, indicating a reliance on a limited number of clients[99]. - The first major supplier accounted for ¥1,167,829,135.04, or 36.65% of total purchases, highlighting a significant dependency on a few suppliers[102]. Financial Health and Assets - The company's asset-liability ratio and funding costs remain significantly below the industry average, but the demand for funds is increasing due to the expansion of equity investments and park development operations[163]. - Cash and cash equivalents decreased by 20.36% to ¥3,118,952,665.84, accounting for 10.60% of total assets[112]. - Accounts receivable increased by 34.09% to ¥1,317,291,423.82, representing 4.48% of total assets[117]. - Inventory increased by 22.32% to ¥10,669,088,574.40, making up 36.25% of total assets[112]. - Long-term receivables rose by 88.33% to ¥635,640,500.79, which is 2.16% of total assets[116]. - Other non-current financial assets surged by 181.17% to ¥1,910,628,697.18, accounting for 6.49% of total assets[116]. - Short-term borrowings increased by 36.17% to ¥1,329,337,095.59, representing 4.52% of total assets[120]. - Long-term borrowings increased by 35.37% to ¥5,027,868,489.33, accounting for 17.08% of total assets[120]. Personnel and Management - The company has a diverse management team with extensive experience in various sectors, including park development and investment management[182]. - The financial director, Gong Juping, received a pre-tax remuneration of 2.30 million CNY, reflecting the company's commitment to retaining experienced financial leadership[180]. - The company has seen a consistent trend in the remuneration of independent directors, each receiving 0.20 million CNY during the reporting period[178]. - The company has a structured remuneration decision process, with director and supervisor remuneration determined by the shareholders' meeting and senior management remuneration decided by the board of directors[192].

Financial Performance - The company's operating revenue for Q3 2021 was ¥537,595,988.34, a decrease of 22.14% compared to the same period last year[8]. - Net profit attributable to shareholders for Q3 2021 was ¥196,462,956.68, an increase of 26.63% year-on-year[8]. - The basic earnings per share for Q3 2021 was ¥0.13, reflecting a 30.00% increase compared to the same period last year[12]. - The total operating revenue for the first three quarters of 2021 was CNY 2,600,704,966.03, an increase of 3.9% compared to CNY 2,502,577,615.09 in the same period of 2020[36]. - The net profit for the first three quarters of 2021 reached CNY 1,380,691,086.05, compared to CNY 1,213,058,617.69 in 2020, marking a growth of 13.8%[39]. - The profit before tax was CNY 1,724,930,158.22, an increase from CNY 1,545,192,776.97 in the previous year, representing a rise of 11.6%[39]. - The basic earnings per share for the period was CNY 0.74, compared to CNY 0.64 in the previous year, showing an increase of 15.6%[39]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥27,805,352,348.98, an increase of 8.00% from the end of the previous year[12]. - The company’s equity attributable to shareholders increased to ¥11,769,864,924.31, a rise of 6.50% compared to the previous year[12]. - The company’s total current assets as of September 30, 2021, amounted to ¥15,042,549,116.01, an increase from ¥14,397,846,082.06 at the end of 2020[27]. - The total liabilities increased to CNY 11,976,338,013.03 from CNY 10,742,477,359.91, reflecting a growth of 11.5%[33]. - The total liabilities increased, with short-term borrowings rising to ¥1,104,545,398.71 from ¥976,214,805.62[31]. - The company’s total liabilities decreased by 100.00% in accounts payable, indicating successful completion of payment obligations[18]. Cash Flow - The company reported a net cash flow from operating activities of ¥578,579,176.33 for the year-to-date[12]. - The cash inflow from operating activities for the first three quarters of 2021 was CNY 3,871,780,268.82, an increase of 19.5% compared to CNY 3,241,013,145.32 in the same period of 2020[42]. - The net cash flow from operating activities was CNY 578,579,176.33, a significant improvement from a negative cash flow of CNY -568,216,578.20 in the first three quarters of 2020[42]. - The cash outflow for investing activities totaled CNY 1,665,530,747.30, up from CNY 1,166,713,302.73 in the previous year, resulting in a net cash flow from investing activities of CNY -1,355,969,767.29[44]. - The cash inflow from financing activities was CNY 2,287,564,537.00, a decrease from CNY 2,511,106,059.10 in the same period last year[44]. - The net cash flow from financing activities increased to CNY 444,776,358.39, compared to CNY 306,055,569.00 in the previous year[44]. - The total cash and cash equivalents at the end of the period were CNY 3,428,113,531.85, down from CNY 4,498,866,077.37 at the end of the same period in 2020[44]. Investments and Expenses - Research and development expenses increased by 327.20% in the current period, indicating a significant investment in environmental technology[18]. - Research and development expenses increased significantly to CNY 8,816,017.83 from CNY 2,063,689.81, indicating a growth of 327.5%[36]. - The company reported investment income of CNY 216,425,309.00, up from CNY 169,591,385.34, which is an increase of 27.6%[36]. - The cash paid for fixed assets, intangible assets, and other long-term assets was CNY 605,050,394.69, an increase from CNY 494,023,702.73 in the previous year[44]. - The company invested CNY 890,381,892.86 in cash for investments, significantly higher than CNY 566,943,750.55 in the same period last year[44]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 25,858[19]. - The largest shareholder, Suzhou Zhongfang Consortium Holdings Co., Ltd., holds 701,480,000 shares, accounting for 46.80% of total shares[19]. - Singapore-Suzhou Township Development PTE LTD is the second-largest shareholder with 377,720,000 shares, representing 25.20%[19]. - The company has not identified any related party relationships or concerted actions among the top shareholders[23].

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the first half of 2021, representing a year-on-year increase of 15%[18]. - The net profit attributable to shareholders reached 300 million RMB, up 20% compared to the same period last year[18]. - The company's operating revenue for the first half of the year reached ¥2,063,108,977.69, representing a year-on-year increase of 13.85% compared to ¥1,812,141,487.34 in the same period last year[23]. - Net profit attributable to shareholders was ¥916,889,692.32, up 14.29% from ¥802,248,721.09 in the previous year[23]. - The net cash flow from operating activities was ¥895,858,680.28, a significant recovery from a negative cash flow of -¥271,009,790.30 in the same period last year[23]. - Basic earnings per share increased to ¥0.61, reflecting a growth of 12.96% compared to ¥0.54 in the previous year[24]. - The weighted average return on equity rose to 8.10%, an increase of 0.42 percentage points from 7.68% in the previous year[24]. - The net profit for the first half of 2021 was CNY 4,347.20 million, compared to CNY 3,861.75 million in the same period last year, reflecting a significant increase[89]. Market Expansion and Strategy - User data indicates a growth in active users by 10%, reaching 1.5 million users by the end of June 2021[18]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2023[18]. - Future guidance estimates a revenue growth of 18% for the second half of 2021, driven by increased demand in urban development projects[18]. - The company continues to focus on park development and operation, aiming to enhance its core business and expand its market presence in the Yangtze River Delta region[32]. - The company is actively expanding its strategic cooperation with Shanghai Lingang and other partners to enhance its operational capabilities[57]. Investment and Development - New product development includes the launch of a smart city initiative, with an investment of 500 million RMB allocated for the next two years[18]. - The company has initiated a merger with a local technology firm, expected to enhance its service offerings and increase operational efficiency[18]. - The company has formed a comprehensive industrial investment layout, including mother funds and sub-funds, guiding social capital into high-quality projects, with nearly 20 industrial funds and 7 high-tech enterprises in the park, accumulating a paid-in amount of approximately 1 billion RMB, driving total investment in the park to over 6 billion RMB[41][48]. - The total investment in the new projects in the Jiangsu Free Trade Zone reached CNY 5.5 billion, with significant progress in major projects[52]. Financial Stability - The company maintains a strong cash position with 1 billion RMB in liquid assets, ensuring financial stability for upcoming projects[18]. - The company’s cash and cash equivalents at the end of the reporting period were approximately CNY 4.15 billion, a 6.04% increase from the previous year[64]. - The company’s investment amount reached ¥338.83 million, a staggering increase of 697.25% compared to the previous year[77]. Environmental Commitment - The company is committed to providing comprehensive environmental and energy solutions, contributing to the goal of zero waste and carbon neutrality in its operations[34]. - The company has successfully passed environmental impact assessments for all key pollutant discharge projects[118]. - The company has implemented a comprehensive wastewater treatment process, including a combination of anaerobic and aerobic treatment methods[113]. - 中法环境 conducted regular water quality inspections and environmental clean-ups along the Wu Song River, planting 76 trees to improve the local ecosystem[125]. Governance and Compliance - The company has established a governance structure with a board of directors composed of experts from both China and Singapore, aiming to become a leading enterprise in park development and operation in China[45]. - The company confirmed that the prospectus for its initial public offering (IPO) does not contain false records, misleading statements, or significant omissions, and it assumes legal responsibility for its authenticity, accuracy, and completeness[138]. - Major shareholders, including the controlling shareholder, have committed to not transferring or managing their shares for 36 months post-IPO, with automatic extensions if share prices fall below the IPO price[143]. Risks and Challenges - The company has identified potential risks related to regulatory changes, which may impact future operations and profitability[18]. - The current economic environment presents uncertainties and competitive pressures, prompting the company to focus on high-quality development strategies[93].

Financial Performance - Net profit attributable to shareholders decreased by 8.89% to CNY 656,380,264.37 year-on-year[13] - Operating revenue rose by 2.03% to CNY 1,392,794,742.15 compared to the same period last year[13] - Basic and diluted earnings per share both decreased by 8.33% to CNY 0.44[13] - Total operating revenue for Q1 2021 was CNY 1,392,794,742.15, an increase of 2.5% compared to CNY 1,365,124,501.13 in Q1 2020[38] - Net profit for Q1 2021 was CNY 754,982,776.86, a decrease of 6.4% from CNY 807,152,057.99 in Q1 2020[40] - The total comprehensive income for Q1 2021 was CNY 754,542,288.48, compared to CNY 807,078,309.41 in Q1 2020[40] - The total comprehensive income for the period was CNY 796,201,678.74, compared to CNY 614,056,226.49 in the previous year, reflecting an increase of approximately 29.7%[46] Assets and Liabilities - Total assets increased by 4.26% to CNY 26,843,319,069.46 compared to the end of the previous year[13] - The total assets as of March 31, 2021, amounted to ¥26,843,319,069.46, an increase from ¥25,745,870,514.01 as of December 31, 2020[30] - As of March 31, 2021, total assets reached ¥12,432,161,308.48, an increase from ¥11,292,593,518.61 as of December 31, 2020, representing a growth of approximately 10.1%[34] - Total liabilities amounted to ¥11,051,610,370.39, up from ¥10,742,477,359.91, indicating an increase of about 2.9%[34] - The total current liabilities decreased to ¥6,499,363,346.91 as of March 31, 2021, from ¥6,792,861,244.22 at the end of 2020[30] - Current liabilities totaled ¥3,411,057,721.72, compared to ¥3,077,630,470.59, indicating an increase of approximately 10.8%[36] - Non-current liabilities totaled ¥209,202,762.35, up from ¥199,263,902.35, reflecting a growth of about 5.0%[36] Cash Flow - Net cash flow from operating activities improved significantly to CNY 335,269,760.60, compared to a negative cash flow of CNY -512,172,837.28 in the previous year[13] - The net cash flow from operating activities for Q1 2021 was CNY 335,269,760.60, compared to a negative cash flow of CNY -512,172,837.28 in Q1 2020, indicating a turnaround in operational performance[46] - The total cash inflow from operating activities for Q1 2021 was CNY 1,674,627,543.43, a significant increase from CNY 758,824,836.82 in Q1 2020, representing a growth of approximately 120.4%[46] - The net cash flow from investing activities was negative at ¥-531,612,907.78, reflecting increased investments in industrial funds and green public utilities[23] - The total cash outflow from investing activities in Q1 2021 was CNY 685,723,686.92, up from CNY 561,565,285.92 in Q1 2020, reflecting increased investment activities[46] - The net cash flow from financing activities was positive at ¥438,714,748.43, primarily due to the repayment of project loans in the previous year[23] - The total cash inflow from financing activities for Q1 2021 was CNY 1,167,725,494.60, compared to CNY 819,203,374.40 in Q1 2020, marking an increase of approximately 42.5%[46] Shareholder Information - The total number of shareholders reached 28,838 as of the report date[17] - The largest shareholder, Singapore-Suzhou Township Development Pte Ltd, holds 46.80% of the shares[17] Research and Development - Research and development expenses surged by 1417.08% to ¥1,313,710.29 in Q1 2021 from ¥92,705.31 in Q1 2020, indicating increased investment in R&D[21] - The company reported a significant increase in R&D expenses, which rose to CNY 1,406,415.60 from CNY 92,705.31 in Q1 2020[38] Other Financial Metrics - The weighted average return on equity decreased by 1.11 percentage points to 5.77%[13] - Other income decreased by 37.70% to ¥9,530,158.16 in Q1 2021 from ¥15,296,443.56 in Q1 2020, primarily due to delays in government subsidies[21] - The company received government subsidies amounting to CNY 9,921,272.12 during the reporting period[16] - Non-recurring gains and losses totaled CNY 4,751,702.49 after tax adjustments[16] - Unallocated profits increased to CNY 5,184,427,247.00 from CNY 4,387,785,079.88 in the previous year[38] - The company's equity attributable to shareholders rose to ¥11,707,830,139.24 from ¥11,051,890,363.25, reflecting a growth of approximately 5.9%[34] - The company's retained earnings increased to ¥8,412,204,292.34 from ¥7,755,824,027.97, showing a growth of approximately 8.5%[34]

Financial Performance - The company reported a net profit of RMB 1.31 billion for the year 2020, reflecting a solid financial performance despite market challenges[6]. - The company's operating revenue for 2020 was CNY 3,414,113,630.55, a decrease of 35.71% compared to CNY 5,310,784,512.40 in 2019[26]. - Net profit attributable to shareholders for 2020 was CNY 1,307,468,525.63, representing a 20.67% increase from CNY 1,083,512,752.70 in 2019[26]. - The net profit after deducting non-recurring gains and losses was CNY 1,276,100,801.12, which is a 74.95% increase compared to CNY 729,416,664.96 in 2019[26]. - Basic earnings per share for 2020 were CNY 0.87, up 8.75% from CNY 0.80 in 2019[29]. - The weighted average return on net assets for 2020 was 12.41%, a decrease of 0.75 percentage points from 13.16% in 2019[29]. - The net cash flow from operating activities for 2020 was CNY -841,663,573.62, compared to CNY -1,683,726,561.04 in 2019[26]. - Operating profit increased by 9.44% to CNY 207,963,470, while total profit rose by 9.32% to CNY 207,812,540[91]. - The company reduced operating costs by 63.83% to CNY 1,222,503,677.03, primarily due to the divestment of real estate sales[92]. - Research and development expenses increased by 80.77% to CNY 6,267,437.67, reflecting higher investment in R&D activities[92]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 2.62 per 10 shares, totaling approximately RMB 392.71 million, which represents 30.04% of the net profit attributable to shareholders of RMB 1.31 billion for the year 2020[6]. - The cash dividend per 10 shares was RMB 2.62 in 2020, an increase from RMB 2.20 in 2019[160]. - The company distributed cash dividends totaling RMB 392,709,180, representing 30.04% of the net profit attributable to ordinary shareholders[160]. - The company did not issue any stock dividends or bonus shares in the last three years[160]. Audit and Compliance - The company has received a standard unqualified audit report from Ernst & Young Hua Ming[5]. - The board of directors and management have confirmed the accuracy and completeness of the financial report[4]. - The company confirmed that there were no false records or misleading statements in its IPO prospectus, taking legal responsibility for its accuracy[170]. - The company committed to repurchase all newly issued shares if any false records or omissions are identified in the IPO prospectus[170]. - The company will compensate investors for losses if the IPO prospectus is found to have false records or misleading statements[170]. Risk Management - The company has outlined potential risks in its future development in the report[8]. - The company emphasizes the importance of investor awareness regarding investment risks associated with forward-looking statements[7]. - The company recognizes risks from macroeconomic conditions and policy changes that could impact its core park development business[155]. - The company will continue to innovate its business model and mechanisms to mitigate potential risks associated with market competition[156]. Investment and Development Strategy - The company has established a multi-layered industrial investment business layout, including mother funds and sub-funds[45]. - The company aims to create a high-level integration of industry and city, supporting national technological innovation and industrial upgrading[40]. - The company is actively expanding its green business, including the acquisition of HeShun Environmental Protection and the development of hazardous waste treatment projects[85]. - The company is focusing on new energy sectors, particularly hydrogen energy and energy storage, in line with carbon neutrality goals[85]. - The company plans to leverage opportunities in the Yangtze River Delta integration and enhance business expansion in the region[137]. Shareholder Commitments - The controlling shareholder, Zhongfang Consortium, commits to not transferring or entrusting the management of its shares for 36 months post-IPO, with an automatic extension of 6 months if the stock price falls below the issue price for 20 consecutive trading days[175]. - Other major shareholders, including Xinfang Consortium and Honghua Investment, have committed to a 12-month lock-up period for their shares post-IPO[176]. - The company is committed to protecting the legitimate rights of minority shareholders in any changes to commitments[174]. - The company will disclose any inability to fulfill commitments due to uncontrollable factors in a timely manner[174]. Operational Highlights - The company has completed strategic investments in Suzhou Xujie Construction Technology Co., Ltd. and Suzhou Sumin Decoration Co., Ltd. as part of its diversification strategy[84]. - The company has enhanced its project selection process using big data tools to create project site heat maps[79]. - The company has successfully launched the "中新产业云平台," significantly improving the coverage and interaction efficiency of its investment promotion channels[78]. - The company has a rental area of approximately 1.6 million square meters in the park, attracting nearly 500 enterprises, including 25 Fortune 500 companies and 28 leading talent enterprises[62].