Financial Performance - The company's operating revenue for Q3 2021 was approximately ¥21.71 billion, representing a 7.00% increase year-over-year[4] - The net profit attributable to shareholders for the same period was approximately ¥483.89 million, showing a decrease of 8.93% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥472.49 million, a decline of 2.89% year-over-year[4] - Total operating revenue for Q3 2021 reached ¥64,254,778,192.75, an increase from ¥53,256,636,215.02 in the same period last year, representing a growth of approximately 20.8%[21] - Net profit attributable to shareholders for the first three quarters of 2021 was ¥7,204,161,405.78, compared to ¥6,421,737,920.18 in the same period last year, showing an increase of about 12.2%[19] - Net profit for Q3 2021 reached ¥1,475,965,971.52, an increase of 21.3% compared to ¥1,217,539,676.89 in Q3 2020[22] - Operating profit for Q3 2021 was ¥1,822,041,446.25, compared to ¥1,495,787,955.33 in Q3 2020, reflecting a year-over-year increase of 21.8%[22] - Total revenue for the first three quarters of 2021 was ¥52,850,063,836.70, up from ¥45,335,988,930.71 in the same period of 2020, representing a growth of 16.5%[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to approximately ¥169.68 billion, reflecting a 16.40% increase from the end of the previous year[5] - Non-current assets totaled ¥62,566,629,537.69 as of Q3 2021, up from ¥52,593,465,823.23 in the previous year, representing a growth of approximately 18.9%[19] - Total assets reached ¥169,679,376,387.95 in Q3 2021, compared to ¥145,769,262,289.49 in Q3 2020, indicating an increase of about 16.4%[19] - Total liabilities amounted to ¥142,253,569,758.08 in Q3 2021, up from ¥119,963,093,120.83 in Q3 2020, representing a growth of approximately 18.5%[19] - Total liabilities rose from ¥119.96 billion to ¥121.37 billion, with current liabilities at ¥92.05 billion and non-current liabilities at ¥29.32 billion[30] Shareholder Equity - The equity attributable to shareholders at the end of the reporting period was approximately ¥18.01 billion, which is a 5.47% increase compared to the previous year[5] - Shareholder equity totaled ¥27,425,806,629.87 in Q3 2021, compared to ¥25,806,169,168.66 in Q3 2020, indicating an increase of about 6.3%[19] - The company’s total equity attributable to shareholders was ¥17.08 billion, reflecting a strong financial foundation[30] Cash Flow - The cash flow from operating activities for the year-to-date was negative at approximately -¥2.91 billion[5] - Cash flow from operating activities for the first three quarters of 2021 was negative at -¥2,908,629,825.03, worsening from -¥1,469,428,057.93 in the same period of 2020[24] - The company reported a total of ¥30,523,856,232.61 in cash inflows from financing activities in Q3 2021, compared to ¥34,748,817,604.58 in Q3 2020, a decrease of 12.8%[26] - The company experienced a net cash outflow from investing activities of -¥10,896,682,151.58 in Q3 2021, compared to -¥9,880,963,704.63 in Q3 2020[26] Inventory and Contract Assets - The company's inventory at the end of the reporting period increased by 36.47% due to the accumulation of raw materials for engineering projects[9] - The contract assets at the end of the reporting period increased by 41.65% due to the rise in completed but unsettled engineering projects[9] - The company reported a significant amount of contract liabilities at ¥15.23 billion, indicating future revenue obligations[29] Other Income and Expenses - The company reported a significant increase of 71.60% in other business income year-to-date, attributed to the growth in sales of materials and equipment[9] - Interest income increased by 50.33% year-to-date due to interest income recognized from engineering projects[11] - Investment income rose by 51.05% year-to-date, attributed to increased returns from equity investments[11] - Fair value changes in non-current financial assets showed a significant increase of 121.58% year-to-date[11] - Cash received from investment income surged by 321.37% year-to-date, reflecting distributions from invested entities[11] - Research and development expenses for Q3 2021 amounted to ¥787,374,572.01, up from ¥728,433,473.98 in Q3 2020, reflecting a growth of approximately 8.1%[21] Shareholder Information - The number of common shareholders reached 109,081 by the end of the reporting period[12] - The largest shareholder, China National Nuclear Corporation, holds 61.22% of the shares[12] Accounting Standards - The company adopted new accounting standards for leases starting January 1, 2021, impacting financial reporting[31]

Financial Performance - The company reported a total revenue of RMB 10.5 billion for the first half of 2021, representing a year-on-year increase of 15%[11]. - The net profit attributable to shareholders was RMB 1.2 billion, up 20% compared to the same period last year[11]. - The company's operating revenue for the first half of the year reached ¥42.54 billion, representing a 29.11% increase compared to ¥32.95 billion in the same period last year[16]. - Net profit attributable to shareholders was ¥557.44 million, up 33.00% from ¥419.12 million year-on-year[16]. - The net profit after deducting non-recurring gains and losses was ¥520.36 million, reflecting a 32.15% increase from ¥393.78 million in the previous year[16]. - The company achieved operating revenue of CNY 42.54 billion, a year-on-year increase of 29.11% compared to CNY 32.95 billion in the same period last year[36]. - The net profit attributable to shareholders reached CNY 5.57 billion, reflecting a 33% year-on-year growth[28]. - The company reported a total of CNY 5,081.68 million in deposits with a maximum limit of CNY 10 billion, with an interest rate range of 0.385% - 3.025%[80]. - The company reported a total of CNY 1,584.72 million in guarantees to subsidiaries during the reporting period[86]. - The total number of shares after the change was 2,649,620,540, with a decrease of 844,371 shares during the reporting period[88]. Market Expansion and Contracts - The company has secured new contracts worth RMB 15 billion in the first half of 2021, indicating strong market demand and expansion efforts[11]. - The company has expanded its market presence in Southeast Asia, with new projects initiated in Vietnam and Malaysia[11]. - The company signed a significant number of new nuclear power project contracts during the reporting period, including contracts for the construction of nuclear islands[22]. - The company is actively expanding its nuclear power engineering construction business, with plans to steadily advance the construction of 6-8 nuclear power units annually[26]. - The company is focusing on urban renewal projects, with an estimated investment scale exceeding CNY 4 trillion for the renovation of old residential areas[26]. Research and Development - The company plans to invest RMB 500 million in R&D for new technologies and products in the nuclear construction sector[11]. - The company has completed the formulation of the "14th Five-Year" technology innovation plan, with R&D funding reaching a historical high[32]. - Research and development expenses rose by 34.39% to approximately 493.22 million, reflecting increased investment in scientific research[37]. - The company is enhancing its technological capabilities in nuclear power engineering construction[22]. Financial Stability and Risks - The management highlighted risks related to regulatory changes and market competition, which could impact future performance[4]. - The company aims to strengthen cash flow management and control the growth of interest-bearing liabilities to mitigate financial risks[49]. - The company is enhancing its overseas risk prevention mechanisms to address challenges in international market development due to the pandemic[51]. - The company has not reported any significant changes in its debt situation or repayment cash arrangements for future years[119]. Legal and Compliance - The company is focusing on legal dispute prevention and resolution as a key task, implementing a full-time legal advisory system for major projects[50]. - There were significant litigation matters during the reporting period, including a lawsuit against Mianyang Education Investment Development Co., Ltd. for CNY 302 million due to unpaid project funds[73]. - The company has not received any penalties or corrective actions related to violations of laws or regulations during the reporting period[76]. Environmental and Social Responsibility - The company allocated CNY 1.9 million for poverty alleviation efforts, including CNY 900,000 for educational support and CNY 1 million for rural revitalization initiatives[64]. - CNNC has implemented a special action plan for ecological environment protection for 2021, focusing on enhancing environmental management capabilities[61]. - The company has actively participated in local poverty alleviation and rural revitalization efforts, including sending personnel to assist local governments[64]. Shareholder and Equity Information - The largest shareholder, China National Nuclear Corporation, held 1,621,620,000 shares, representing 61.20% of the total shares[94]. - The company did not distribute profits or increase capital reserves in the current period[56]. - The company reported a total of RMB 729.06 million in special reserves for the first half of 2021, with RMB 612.56 million utilized during the same period[142]. - The company’s total equity at the end of the first half of 2021 was approximately RMB 26.59 billion, reflecting a robust financial structure[142]. Accounting and Financial Reporting - The company’s financial statements are prepared in accordance with the Chinese Accounting Standards, ensuring a true and complete reflection of its financial status[156]. - The company recognizes income, expenses, and profits from subsidiaries or businesses acquired during the reporting period in the consolidated income statement[160]. - The company measures expected credit losses based on whether there has been a significant increase in credit risk since initial recognition[171]. - The company adopts a cost model for investment properties, applying the same depreciation policy as fixed assets for leased buildings[187].