Financial Performance - The company's operating revenue for Q1 2023 was CNY 883,915,206.86, representing a decrease of 25.71% compared to the same period last year[6]. - Net profit attributable to shareholders was CNY 28,503,116.40, an increase of 184.97% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 563.05% to CNY 26,484,739.59[6]. - The net cash flow from operating activities reached CNY 100,902,472.23, up 361.16% year-on-year[6]. - Basic and diluted earnings per share both increased by 100% to CNY 0.06[6]. - The company's operating profit for Q1 2023 was CNY 31,950,832.37, an increase from CNY 16,715,567.07 in Q1 2022, representing a growth of approximately 91.5%[40]. - Net profit for Q1 2023 reached CNY 27,072,933.26, compared to CNY 13,064,806.65 in Q1 2022, indicating a year-over-year increase of about 107.5%[42]. - The total revenue from sales of goods and services in Q1 2023 was CNY 854,716,695.72, down from CNY 1,196,006,313.30 in Q1 2022, reflecting a decrease of approximately 28.5%[46]. - The company incurred total operating expenses of CNY 839,269,433.89 in Q1 2023, compared to CNY 1,151,541,918.37 in Q1 2022, showing a reduction of about 27.1%[38]. - The company reported a total comprehensive income of CNY 27,072,933.26 for Q1 2023, compared to CNY 13,064,806.65 in Q1 2022, which is an increase of approximately 107.5%[44]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,573,280,332.57, a slight increase of 0.4% from the end of the previous year[7]. - The total liabilities decreased to ¥808,150,647.68 in Q1 2023 from ¥819,913,536.01 in the previous year[32]. - The equity attributable to shareholders of the parent company increased to ¥3,703,936,693.35 from ¥3,672,608,959.23 year-over-year[35]. - The company reported a decrease in accounts receivable to ¥276,254,284.40 in Q1 2023 from ¥231,567,371.37 in Q4 2022, indicating a rise of 19.3%[25]. - The inventory increased to ¥7,439,143.41 in Q1 2023 from ¥4,965,639.54 in Q4 2022, reflecting a growth of 49.7%[27]. - The company's long-term borrowings rose to ¥385,720,000.00 in Q1 2023 from ¥340,180,000.00 in the previous year, an increase of 13.4%[32]. Cash Flow and Financing - The company's cash and cash equivalents stood at ¥2,456,594,877.18 as of March 31, 2023, compared to ¥2,457,528,234.74 at the end of 2022[25]. - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 2,419,180,405.96, slightly down from CNY 340,598,435.36 at the end of Q1 2022[50]. - The company raised CNY 60,000,000.00 through borrowings in Q1 2023, compared to CNY 100,000,000.00 in Q1 2022, indicating a decrease of 40% in new borrowings[50]. - The company reported a net cash outflow from financing activities of CNY 61,287,620.43 in Q1 2023, contrasting with a net inflow of CNY 106,272,102.79 in Q1 2022[50]. Market and Industry Insights - The logistics industry in China showed signs of recovery, with the logistics industry prosperity index reaching 55.5%, up 5.4 percentage points from the previous month[14]. - The company adjusted its sales collection policy, leading to a reduction in receivables financing, which contributed to the increase in cash flow[14]. - The company plans to continue enhancing its port and terminal technology levels to maintain rapid industry growth[16]. - The top ten shareholders hold a total of 38.27% of the shares, with Nanshan Group Co., Ltd. being the largest shareholder[17]. Product and Market Strategy - The company has not reported any new product launches or significant market expansion strategies during this quarter[22].

Financial Performance - The company's operating revenue for 2022 was ¥5,269,428,208.52, a decrease of 25.60% compared to ¥7,082,350,715.12 in 2021[25] - The net profit attributable to shareholders of the listed company was ¥103,650,263.34, representing an increase of 4.42% from ¥99,263,555.21 in the previous year[25] - The net profit after deducting non-recurring gains and losses was ¥71,129,245.22, up by 10.39% from ¥64,431,619.33 in 2021[25] - The cash flow from operating activities showed a net outflow of ¥67,488,847.86, a significant decline of 133.85% compared to a net inflow of ¥199,363,454.51 in 2021[25] - The total assets at the end of 2022 reached ¥4,555,145,669.92, an increase of 161.86% from ¥1,739,566,817.64 at the end of 2021[25] - The net assets attributable to shareholders of the listed company increased to ¥3,672,608,959.23, a growth of 203.92% from ¥1,208,400,302.71 in the previous year[25] - The company achieved operating revenue of CNY 5,269.43 million in 2022, a decrease of 25.6% compared to the previous year[37] - Operating costs amounted to CNY 5,111.45 million, down 25.31% year-on-year[37] - Net profit for the year was CNY 102.16 million, a decrease of 10.48% compared to the previous year[37] - Basic and diluted earnings per share were CNY 0.23, reflecting an 8.00% decrease from the previous period[27] - The weighted average return on equity was 4.62%, down from 8.21% in the previous period[27] Cash Flow and Investments - The net cash flow from operating activities showed a significant decline, with a net outflow of CNY 38.64 million in the first quarter[29] - The company's investment activities generated a net cash outflow of -CNY 536,003,048.55, primarily due to construction investments by its wholly-owned subsidiary Yulong Port[55] - The net cash increase for the period was 210,408.04 million CNY, with operating cash flow decreasing by 26,685.23 million CNY compared to the previous year[65] - The company's cash and cash equivalents increased by 547.78% year-on-year, mainly due to the increase in funds raised from non-public offerings[67] Operational Efficiency and Logistics - The company has a comprehensive logistics park located in Longkou, Shandong Province, which serves as its operational base[20] - The company operates over 360 LNG transport vehicles, enhancing operational efficiency and ensuring energy supply under various conditions[50] - The company’s logistics business includes over 470 self-owned transport vehicles, primarily serving large industrial enterprises in the Jiaodong region[47] - The company’s logistics operations are supported by stable cargo sources from local ports, ensuring efficient transportation for industrial clients[52] Market and Strategic Initiatives - The company is focusing on low-carbon transformation and improving management to enhance operational efficiency[37] - The company aims to enhance its LNG business in 2023 by expanding quality resource procurement and terminal sales markets, with a focus on increasing market share and ensuring stable profit growth[81] - The company plans to develop inland liquefaction plants in regions such as Sichuan and Shaanxi to increase procurement volume and optimize resource stability in regional markets[82] - The company will leverage its upstream liquid source support to expand downstream markets, targeting large gas-consuming enterprises and ensuring stable sales channels[82] Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and potential operational risks[10] - The company faces risks from macroeconomic fluctuations that could impact LNG sales and logistics revenue, particularly if industrial demand weakens[86] - Safety risks associated with transportation, including potential accidents involving hazardous materials, remain a significant concern for the company[86] - Changes in government policies regarding transportation and logistics could lead to increased operational costs, affecting overall performance[86] Corporate Governance and Shareholder Matters - The company maintains independence from its controlling shareholders in business, personnel, assets, and finance, ensuring a complete and independent business system[91] - The company has not reported any significant differences in governance compared to regulations set by the China Securities Regulatory Commission[91] - The company held its first extraordinary general meeting on January 10, 2022, where a proposal to provide guarantees to wholly-owned subsidiaries was approved[94] - The annual general meeting on May 12, 2022, approved multiple reports including the 2021 financial settlement report and the proposal for profit distribution, which included a capital reserve increase of 0.4 shares per share[95] Employee and Management Compensation - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 4.4521 million yuan (pre-tax) [104] - The company has a competitive salary policy, ensuring employee compensation is above the local industry average, based on skills and contributions[119] - A training plan was implemented to enhance team management and innovation capabilities, addressing operational management shortcomings identified in 2022[119] Share Capital and Financing - The company completed a private placement of 114,997,604 shares, increasing total shares from 282,240,000 to 510,133,604, with a total fundraising amount of RMB 2,399,999,995.48[171] - The net proceeds from the fundraising after deducting issuance costs were RMB 2,387,666,379.10, which increased the company's assets by the same amount[172] - The largest shareholder, Nanshan Group, holds 38.27% of the shares, with a total of 195,219,931 shares, and has pledged 154,164,348 shares[174] Environmental and Social Responsibility - The company has not disclosed any environmental protection mechanisms or specific measures to reduce carbon emissions during the reporting period[133] - The company has not established a separate social responsibility report or ESG report[133]

股票代码：603223 股票简称：恒通股份 公告编号：2023-022 恒通物流股份有限公司 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个别及连带责任。 重要内容提示： 一、说明会类型 恒通物流股份有限公司（以下简称"公司"或"本公司"）已于2023年4 月20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5月5日下午15:00-16:00举 行2022年度业绩说明会，就投资者关心的问题进行交流。本次投资者说明会以 网络文字互动召开，公司将针对2022年度的经营成果及财务指标的具体情况与 投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问 题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2023年5月5日（星期五）下午15:00-16:00 （二）会议召开方式：网络文字互动 （三）网络互动地址：中证路演中心（https://www.cs.com.cn/roadshow/） 三、参加人员 ...

股票代码：603223 股票简称：恒通股份 公告编号：2022-064 1 恒通物流股份有限公司 关于召开 2022 年度投资者网上集体接待日活动 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。 重要内容提示： 活动时间：2022 年 11 月 16 日（星期三）14:00-16:00 活动形式：通过全景路演平台线上交流 活动网址：全景网"投资者关系互动平台"（http://ir.p5w.net/） 参加人员：董事会秘书王仁权先生、财务总监姜舒文女士 一、活动类型 为进一步加强与投资者的互动交流，使广大投资者能更深入全面地了解恒通 物流股份有限公司（以下简称"公司"）情况，公司将参加由山东证监局、山东 省上市公司协会联合举办的"山东辖区上市公司 2022 年度投资者网上集体接待 日"活动，本次投资者网上集体接待日活动将采取网络远程的方式举行，将针对 公司的经营状况与投资者进行互动与交流。 二、活动召开的时间、地点 （一）活动时间：2022 年 11 月 16 日（星期三）14:00－16:00。 （二）活动形式： ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,273,993,882.94, a decrease of 32.15% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2022 was ¥27,321,677.57, an increase of 713.33% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,960,022.00, up 310.59% from the previous year[7]. - The basic earnings per share for Q3 2022 was ¥0.06, reflecting a 700% increase compared to the same period last year[9]. - Total operating revenue for the first three quarters of 2022 was CNY 3,665,273,613.31, a decrease of 29.1% compared to CNY 5,172,650,817.48 in the same period of 2021[31]. - Net profit for the first three quarters of 2022 was CNY 51,134,424.34, a decline of 37.3% from CNY 81,539,696.34 in the same period of 2021[34]. - Earnings per share for the first three quarters of 2022 was CNY 0.13, compared to CNY 0.18 in the same period of 2021[36]. Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥4,517,854,541.30, representing a 159.71% increase from the end of the previous year[9]. - Total current assets as of September 30, 2022, amount to ¥3,377,922,099.08, compared to ¥751,746,851.81 as of December 31, 2021[24]. - Total liabilities as of September 30, 2022, are ¥823,221,432.73, compared to ¥457,450,162.35 in the previous year[29]. - The company's total assets amounted to CNY 4,517,854,541.30, an increase from CNY 1,739,566,817.64 in the previous year[31]. - The company's equity attributable to shareholders of the parent company was CNY 3,625,689,635.55, up from CNY 1,208,400,302.71 in the previous year[31]. Cash Flow - The company reported a cash flow from operating activities of -¥193,605,122.59 for the year-to-date period, a decrease of 1,770.34% compared to the previous year[7]. - Operating cash flow for the first nine months was negative at -$193.61 million, compared to -$10.35 million in the same period last year[39]. - Total cash inflow from operating activities decreased to $3.48 billion, down from $5.76 billion year-over-year[39]. - Cash outflow from operating activities was $3.68 billion, compared to $5.77 billion in the previous year[39]. - Cash received from sales of goods and services was $3.40 billion, down from $5.69 billion in the previous year[39]. - Cash paid for purchasing goods and services was $3.42 billion, compared to $5.39 billion last year[39]. Market Conditions and Strategy - The company attributed the decline in operating revenue to the impact of the pandemic and high LNG market prices, leading to decreased sales[15]. - The average price of LNG in Q3 2022 was approximately ¥6,478.19 per ton, an increase of 21.5% year-on-year[16]. - The domestic LNG market is expected to experience a rising trend in Q4 2022 due to increased demand during the heating season[18]. - The company plans to enhance its market presence and adapt to the fluctuating LNG market conditions in the upcoming quarters[18]. - The company plans to focus on market expansion and new product development in the upcoming quarters[32]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,170[20]. - Nanshan Group Co., Ltd. holds 195,219,931 shares, accounting for 38.27% of total shares[20]. - Liu Zhendong holds 81,919,060 shares, representing 16.06% of total shares[20]. Inventory and Investment - The company has increased its inventory to ¥10,196,831.98 from ¥2,047,225.68 in the previous year[26]. - Investment income for the first three quarters of 2022 was CNY 17,162,761.61, an increase from CNY 9,592,412.00 in the same period of 2021[34]. - Other income for the first three quarters of 2022 was CNY 22,421,806.03, compared to CNY 19,492,944.57 in the previous year[34]. - The company reported a financial expense of CNY -1,695,109.23, an improvement from CNY -3,591,983.16 in the same period of 2021[31].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,189,860,768.03, a decrease of 21.54% compared to ¥1,516,574,942.57 in the same period last year[6]. - Net profit attributable to shareholders was ¥10,002,034.67, down 83.61% from ¥63,515,463.91 year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥3,994,398.72, reflecting a decline of 91.31% compared to ¥48,460,847.86 in the previous year[6]. - Basic and diluted earnings per share were both ¥0.04, down 81.82% from ¥0.22 in the previous year[8]. - The weighted average return on equity decreased to 0.82%, down from 5.03% year-on-year[8]. - Total revenue for Q1 2022 was ¥1,189,860,768.03, a decrease of 21.5% from ¥1,516,574,942.57 in Q1 2021[35]. - Net profit for Q1 2022 was ¥13,064,806.65, a decline of 83.0% compared to ¥76,914,661.93 in Q1 2021[39]. - The total comprehensive income attributable to the parent company was 10,002,034.67 RMB, down from 61,031,042.81 RMB in the same quarter last year, a decline of about 83.7%[45]. - The company reported a total comprehensive income of 13,064,806.65 RMB, compared to 76,914,661.93 RMB in Q1 2021, indicating a decrease of approximately 83.0%[45]. Cash Flow and Liquidity - Cash flow from operating activities was negative at -¥38,635,918.44, a significant drop from ¥136,298,791.27 in the same period last year, representing a decrease of 130.45%[6]. - In Q1 2022, the company reported a net cash flow from operating activities of -38,635,918.44 RMB, a decrease from 126,889,615.16 RMB in Q1 2021[45]. - The company incurred total cash outflows from operating activities of 1,256,338,718.96 RMB, compared to 1,501,315,767.38 RMB in Q1 2021, indicating a reduction of about 16.3%[45]. - Cash inflows from investment activities totaled 63,600.00 RMB, significantly lower than 525,308,724.25 RMB in Q1 2021, marking a decline of over 99%[45]. - The net cash flow from financing activities was 106,272,102.79 RMB, a recovery from a negative cash flow of -87,691,568.52 RMB in the previous year[47]. - The company’s cash and cash equivalents at the end of the period stood at 340,598,435.36 RMB, slightly down from 354,753,112.23 RMB at the end of Q1 2021[47]. - The company's cash and cash equivalents were reported at 402,164,945.66 RMB, an increase from 379,374,725.40 RMB year-over-year[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,814,090,306.99, an increase of 4.28% from ¥1,739,566,817.64 at the end of the previous year[8]. - Current liabilities rose to ¥506,857,615.37, an increase of 13.5% from ¥446,524,201.23 in the previous year[35]. - The total accounts receivable increased to 199,753,531.80 RMB from 114,341,364.61 RMB, reflecting a significant rise of approximately 74.8%[29]. - The total equity attributable to shareholders increased to ¥1,219,882,410.51 from ¥1,208,400,302.71, a growth of 0.6%[35]. - The company reported a significant increase in long-term equity investments, rising to 139,463,446.38 RMB from 136,456,107.72 RMB[29]. Operational Performance - The company experienced a 54.01% decrease in sales expenses due to reduced performance bonuses and travel expenses amid the pandemic[16]. - Investment income increased by 1,144.39%, driven by higher earnings from joint ventures[16]. - In Q1 2022, the average price of LNG in China was 6,326.44 RMB/ton, an increase of 43.85% year-over-year[20]. - LNG consumption reached 6.2148 million tons, a decrease of 23.87% compared to the previous quarter due to high prices suppressing downstream demand[20]. - In March 2022, the domestic logistics and terminal demand were significantly impacted by the pandemic, leading to a substantial drop in LNG prices[21]. - The overall market sentiment remained cautious, with price fluctuations observed due to regional price differences and high receiving station prices[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,437, with the top ten shareholders holding a combined 72.57% of shares[22]. - Liu Zhendong, the largest shareholder, held 58,513,614 shares, representing 20.73% of the total shares[22]. Research and Development - Research and development expenses were not detailed but are essential for future product development and innovation[39]. - The company is focusing on market expansion strategies, although specific initiatives were not disclosed in the report[39].

Financial Performance - The company's operating revenue for 2021 was CNY 7,082,350,715.12, representing a 26.55% increase compared to CNY 5,596,526,645.12 in 2020[27]. - The net profit attributable to shareholders for 2021 was CNY 99,263,555.21, a decrease of 18.50% from CNY 121,791,144.43 in 2020[27]. - The net cash flow from operating activities decreased by 35.58% to CNY 199,363,454.51 in 2021 from CNY 309,473,100.90 in 2020[27]. - The total assets at the end of 2021 were CNY 1,739,566,817.64, down 8.91% from CNY 1,909,667,702.21 at the end of 2020[27]. - The basic earnings per share for 2021 was CNY 0.35, a decline of 18.60% compared to CNY 0.43 in 2020[27]. - The weighted average return on net assets for 2021 was 8.21%, a decrease of 2.96 percentage points from 11.17% in 2020[27]. - The company's operating costs rose to CNY 6,843,802,000, an increase of 29.94% year-on-year[40]. - The net profit decreased by 28.38% to CNY 114.12 million year-on-year[74]. Shareholder Actions - The company plans to distribute a cash dividend of 1.10 CNY per 10 shares, totaling approximately 31,046,400 CNY (including tax) to shareholders[10]. - The company will increase its share capital by 4 shares for every 10 shares held, resulting in a total share capital of 395,136,000 shares after the increase[10]. - The company approved a plan for employee stock ownership in the third extraordinary general meeting of 2021[130]. - The company has a shareholder return plan for the next three years (2021-2023) that was approved during the board meeting[148]. Audit and Compliance - The company has received a standard unqualified audit report from Heshin Accounting Firm, ensuring the accuracy and completeness of the financial report[9]. - The company has implemented a performance evaluation mechanism for senior management, linking their compensation to performance outcomes, ensuring accountability and motivation[172]. - The company has established an effective internal control system in accordance with the "Basic Norms for Enterprise Internal Control" and related guidelines, evaluating its effectiveness as of December 31, 2021[172]. - The company has maintained compliance with corporate governance standards, with no issues requiring rectification identified during self-inspection[167]. Market and Industry Trends - The average price of LNG in 2021 was CNY 4,981 per ton, up CNY 1,642 per ton or 49% from 2020[41]. - The total social logistics volume in 2021 reached CNY 335.2 trillion, a year-on-year growth of 9.2%[48]. - The logistics industry in China showed solid recovery in 2021, driven by stable economic recovery and improved supply chain resilience[48]. - The clean energy industry is experiencing new development under the "carbon peak and carbon neutrality" initiative, with a focus on optimizing energy structure and accelerating the construction of carbon trading markets[102]. Operational Developments - The company is focusing on expanding its LNG trade business, leveraging its brand influence and market recognition[51]. - The company operates 10 LNG refueling stations, with 9 currently in operation, to capture the vehicle LNG market during low-price periods[58]. - The company has established a comprehensive LNG supply chain, integrating transportation, storage, and refueling operations to mitigate price volatility risks[62]. - The company is adapting to the global energy transition towards low-carbon and carbon-neutral goals, aligning with national policies[40]. Risk Management - The company faces risks from macroeconomic fluctuations that could impact LNG sales and logistics revenue, as well as potential safety incidents during transportation[118]. - The company has detailed potential risks and countermeasures in its management discussion and analysis section[10]. - The company has implemented measures to ensure independence from its controlling shareholders in terms of assets, personnel, finance, and operations[127]. Governance and Management - The company has a diverse management team with extensive experience in logistics and finance, contributing to strategic decision-making[136]. - The company continues to focus on maintaining a strong governance structure with independent directors ensuring accountability and transparency[136]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 4.6779 million yuan (pre-tax)[145]. - The company has maintained a stable leadership structure with no changes in the number of shares held by current directors and supervisors[133]. Strategic Initiatives - The company is focusing on market expansion strategies, particularly in the logistics sector, to enhance operational efficiency[146]. - The company has initiated a new product development strategy aimed at launching three innovative logistics solutions by Q3 2021[146]. - The company plans to enhance LNG trade by strengthening cooperation with upstream suppliers and optimizing procurement and transportation efficiency to maintain competitive advantages in the LNG market[115].

1 | --- | --- | --- | |-------------------|----------------------------------------------------------------------|---------------------| | | | | | 股票代码： 603223 | 股票简称：恒通股份 | 公告编号： 2021-069 | | | 恒通物流股份有限公司 | | | 关于召开 | 2021 年度投资者网上集体接待日活动的公告 | | | | 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。 | | 重要内容提示： 活动时间：2021 年 11 月 16 日（星期二）14:00-16:00 活动形式：通过全景网平台线上交流 活动网址：全景·路演天下 http://rs.p5w.net/ 参加人员：董事会秘书王仁权先生、证券事务代表宋之文先生 一、活动类型 为进一步加强与投资者的互动交流，使广大投资者能更深入全面地了解公司 情况，恒通物流股份有限公司（以下简 ...

Revenue and Profitability - Revenue for Q3 2021 reached ¥1,869,082,191.44, an increase of 29.38% compared to the same period last year[7] - Net profit attributable to shareholders was -¥7,685,570.93, a decrease of 118.89% year-on-year[7] - The net profit after deducting non-recurring gains and losses was -¥12,675,334.15, down 132.09% from the previous year[7] - Basic and diluted earnings per share were both -¥0.02, a decline of 114.29% compared to the same period last year[10] - Net profit for the third quarter of 2021 was CNY 83,000,969.79, slightly down from CNY 86,525,061.55 in the same quarter of 2020, reflecting a decrease of approximately 4.4%[33] - Earnings per share for the third quarter of 2021 were CNY 0.26, compared to CNY 0.23 in the same quarter of 2020, showing an increase of about 13%[35] Cash Flow - Cash flow from operating activities was not applicable, with a significant decrease of 97.70% year-to-date[10] - Cash inflow from operating activities for the first three quarters of 2021 totaled CNY 5,760,190,371.18, up from CNY 4,316,005,704.56 in 2020, marking an increase of approximately 33.4%[35] - The net cash flow from operating activities was $6,183,024.08, a decrease from $269,327,692.30 in the previous year[37] - Total cash outflow from operating activities amounted to $5,754,007,347.10, compared to $4,046,678,012.26 last year[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,645,610,495.30, a decrease of 7.05% from the end of the previous year[10] - The company's current assets totaled ¥831,301,769.31, down from ¥866,703,294.23, indicating a decrease of about 4.07%[21] - The company's total liabilities decreased from ¥522,152,029.22 to ¥355,696,657.32, a reduction of approximately 31.9%[24] - The total liabilities as of the end of the reporting period were CNY 367,093,239.87, a decrease from CNY 535,189,810.33 in the previous year[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,973[15] - Major shareholders included Liu Zhendong with 20.73% and Nanshan Group with 20.30% of shares, both of which are pledged[15] Operating Costs and Expenses - The company experienced a significant increase in operating costs, impacting net profit margins[14] - Total operating costs for the first three quarters of 2021 were CNY 5,100,638,035.48, compared to CNY 3,777,211,724.08 in 2020, indicating an increase of about 35%[29] - The company reported a financial expense of CNY -3,588,624.72 in the third quarter of 2021, a significant improvement compared to CNY 9,741,687.62 in the same period of 2020[29] Inventory and Receivables - Accounts receivable increased from ¥132,441,960.69 to ¥177,336,538.49, reflecting a growth of about 33.8%[21] - The company's inventory decreased from ¥7,972,806.27 to ¥3,379,724.71, a reduction of about 57.6%[21] Cash and Cash Equivalents - Cash and cash equivalents decreased significantly from ¥382,661,604.94 to ¥217,217,545.89, a reduction of approximately 43.3%[21] - The ending cash and cash equivalents balance was $182,217,545.89, a decrease from $225,014,065.61 in the previous year[37] - The net increase in cash and cash equivalents was -$72,648,340.15, compared to an increase of $93,142,335.69 last year[37] Investments - The company's long-term equity investments decreased from ¥169,117,282.80 to ¥135,445,202.06, a decline of approximately 19.88%[21] - The net cash flow from investing activities was $71,425,683.19, a significant improvement from -$137,843,083.14 in the previous year[37] - Cash inflow from investing activities totaled $897,320,969.71, down from $1,240,698,825.70 year-over-year[37] - Cash outflow from investing activities was $825,895,286.52, compared to $1,378,541,908.84 last year[37] Deferred Income - The company’s deferred income decreased from CNY 13,037,781.11 to CNY 11,396,582.55, representing a decline of about 12.6%[26]

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥3,294,998,145.41, representing a 36.02% increase compared to ¥2,422,483,474.98 in the same period last year[23]. - Net profit attributable to shareholders for the first half of 2021 was ¥79,786,432.86, a significant increase of 214.26% from ¥25,388,868.23 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥55,769,751.73, up 143.21% from ¥22,931,032.76 year-on-year[23]. - The net cash flow from operating activities was ¥95,292,466.66, a dramatic increase of 1,200.02% compared to ¥7,330,105.06 in the same period last year[23]. - Basic earnings per share for the first half of 2021 were ¥0.28, up 211.11% from ¥0.09 in the same period last year[26]. - The weighted average return on net assets increased to 6.68%, up 4.24 percentage points from 2.44% in the previous year[26]. - The company reported a significant increase in diluted earnings per share, which also stood at ¥0.28, reflecting the same growth rate as basic earnings per share[26]. Asset and Liability Management - The company's total assets at the end of the reporting period were ¥1,681,456,482.44, a decrease of 5.03% from ¥1,770,502,853.85 at the end of the previous year[23]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,190,374,565.60, reflecting a 3.27% increase from ¥1,152,667,778.69 at the end of the previous year[23]. - Short-term borrowings decreased by 65.51% to ¥80 million, attributed to a reduction in note loans[72]. - Cash and cash equivalents decreased by 9.89% to approximately ¥344.83 million, representing 20.51% of total assets[70]. - Accounts receivable decreased by 12.72% to approximately ¥115.59 million, accounting for 6.87% of total assets[70]. - Total liabilities decreased to ¥392,498,952.41 from ¥535,189,810.33, a reduction of approximately 26.6%[154]. Market and Operational Insights - The clean energy segment focuses on LNG trade, logistics, and the construction and operation of LNG refueling stations, contributing to the company's diversified business model[32]. - In the first half of 2021, the apparent consumption of natural gas reached 182.7 billion cubic meters, representing a year-on-year increase of 17.4%[34]. - The logistics sector saw a total social logistics volume of RMB 150.9 trillion in the first half of 2021, with a comparable growth of 15.7%[36]. - The industrial product logistics volume increased by 15.9% year-on-year, driven by domestic demand recovery and high international demand[37]. - The company aims to expand its market presence in key natural gas consumption areas, including North, East, and South China[42]. - The company is positioned to benefit from favorable LNG market conditions due to limited domestic gas field production and controlled overseas imports[34]. Strategic Developments - The company has outlined potential risks in its operations and has provided measures to address these risks in the management discussion section[7]. - The company has established a wholly-owned subsidiary, Longkou Yuhai Plastic Technology Co., Ltd., with a registered capital of 1 million yuan, focusing on new materials technology research and development[85]. - The company plans to implement an employee stock ownership plan, as indicated in a recent announcement[96]. - The company has committed to maintaining its independence in operations, assets, and finances following the equity changes, ensuring no impact on its independent business capabilities[108]. - The company has established a shareholding plan for employees, although specific details were not disclosed in the current report[105]. Governance and Compliance - The company experienced significant changes in its board and management, with multiple resignations and elections, including the election of Li Hongbo as the chairman of the board[92]. - The company has committed to strict compliance with relevant regulations regarding related party transactions to protect the interests of all shareholders[111]. - The company will announce any planned share reductions three trading days in advance, ensuring transparency in its stock transactions[112]. - The company has a lock-up period for shares, allowing a maximum reduction of 5% of the total shares held per year for two years after the lock-up period[113]. - The company has not reported any significant changes in its employee stock ownership plan or other incentive measures[104]. Financial Transactions and Investments - The company reported a financial service transaction with Nanshan Group Financial Co., which optimized cash settlement processes and reduced financial costs[125]. - The company acquired a property from Gerenfude Agricultural Technology Co. for 1,076,054.05 RMB to meet operational needs[126]. - The company sold idle furniture to Gerenfude Agricultural Technology Co., generating a profit of 81,631.71 RMB[126]. - The maximum daily deposit limit with Nanshan Group Financial Co. was set at 160 million RMB, with an interest rate range of 0.35%-1.1%[129]. - The company had a total of 3.65 billion RMB in deposits with Nanshan Group Financial Co. during the reporting period[129]. Risk Factors - The company faces risks from weak macroeconomic demand, which could impact logistics and LNG sales revenue[82]. - The company reported a significant increase in other current liabilities by 90.73% to approximately ¥61.63 million, due to an increase in endorsed but unexpired notes receivable[72]. - The company reported that LNG customers are primarily industrial users, and any increase in LNG prices could lead to a decrease in market demand as customers switch to alternative energy sources[84].