Financial Performance - The company's operating revenue for the first half of 2021 reached ¥2,081,888,452.73, representing a 54.95% increase compared to ¥1,343,593,058.86 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥272,909,010.41, up 64.45% from ¥165,954,737.53 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥264,905,141.26, reflecting a 64.13% increase from ¥161,403,994.57 year-on-year[19]. - The net cash flow from operating activities was ¥245,754,297.65, which is a 7.11% increase compared to ¥229,439,229.66 in the same period last year[19]. - The total assets of the company at the end of the reporting period were ¥5,432,713,365.67, a 3.54% increase from ¥5,246,920,436.11 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company decreased by 3.71% to ¥2,861,384,400.27 from ¥2,971,650,741.88 at the end of the previous year[19]. - Basic earnings per share for the first half of 2021 were ¥0.66, a 60.98% increase from ¥0.41 in the same period last year[20]. - The weighted average return on net assets increased by 2.80 percentage points to 8.82% from 6.02% in the previous year[22]. - The comparable net profit, excluding the impact of stock option costs, was ¥318,626,486.18, representing a 92.00% increase year-on-year[19]. - The company achieved a revenue of 2.082 billion yuan in the first half of 2021, representing a year-on-year growth of 54.95%[41]. - The net profit attributable to shareholders reached 273 million yuan, an increase of 64.45% compared to the same period last year[41]. - The cash flow from operating activities was 246 million yuan, up 7.11% year-on-year[41]. Research and Development - The company continues to invest in R&D, focusing on enhancing its innovation capabilities and developing new filtration technologies[41]. - Research and development expenses surged by 135.50% to ¥67,130,492.75, up from ¥28,505,592.75, driven by increased R&D investments and stock incentive costs[44]. - The company's R&D expenses increased to CNY 67,130,492.75 in the first half of 2021, up 135.5% from CNY 28,505,592.75 in the first half of 2020[154]. Market and Industry Trends - The company specializes in the production and sales of filtration equipment, providing comprehensive solutions for solid-liquid separation and purification[26]. - The company’s products are widely used in various sectors, including environmental protection, mineral processing, chemicals, and new energy[31]. - The demand for filtration equipment in the municipal sludge treatment market is expected to grow due to increased government focus on sludge disposal[33]. - The industrial wastewater treatment sector is anticipated to see sustained demand for filtration equipment as regulations become stricter[33]. - The market for sand and gravel wastewater treatment is expanding as the country emphasizes environmental protection and resource management[33]. - The company is actively seizing market opportunities in the rapidly growing sand and gravel and new energy sectors[31]. - The revenue distribution from downstream application industries in the first half of 2021 shows that environmental protection accounted for 37%, mineral processing 24%, and new energy and materials 9%[42]. Environmental Compliance - The company reported a total of 0.0075 tons of sulfur dioxide emissions in Q1 and 0.0042 tons in Q2, well below the regulatory limit of 50 mg/m³[67]. - Nitrogen oxides emissions were recorded at 0.0768 tons in Q1 and 0.0462 tons in Q2, also under the limit of 100 mg/m³[67]. - Particulate matter emissions were 0.0138 tons in Q1 and 0.0072 tons in Q2, significantly lower than the standard of 10 mg/m³[67]. - The company emitted 0.1489 tons of volatile organic compounds in Q1 and 0.2937 tons in Q2, below the threshold of 70 mg/m³[67]. - Benzene emissions were not detected, with a regulatory limit of 0.5 mg/m³, indicating compliance[67]. - The company has not exceeded any of the pollution discharge standards during the reporting period[67]. - The report indicates no significant environmental violations or exceedances in pollutant emissions[67]. - The company is classified as a key pollutant discharge unit by environmental protection authorities, necessitating stringent monitoring[67]. - The company achieved a BOD 5 level of 95 mg/L, well below the regulatory limit of 350 mg/L[74]. - The company maintained a SO2 emission level of 0.1265, which is lower than the permissible level of 0.0973[74]. - The company successfully implemented a monitoring system for 14 fixed pollution sources, enhancing the supervision of volatile organic compounds[75]. - The company completed the environmental impact assessment for the new filter press project, receiving approval on March 30, 2021[77]. - The company has established an emergency response plan for environmental incidents, with necessary materials and training for employees[79]. - The company achieved a total nitrogen (TN) level of 6.45 mg/L, significantly below the regulatory limit of 70 mg/L[74]. - The company achieved a total phosphorus (TP) level of 0.54 mg/L, well within the permissible limit of 8 mg/L[74]. - The company has committed to sustainable development and increased investment in environmental protection measures[75]. - The company has successfully passed the clean production audit and received approval from the local environmental authority[78]. - The company achieved a 100% compliance rate for major pollutants in self-monitoring and supervision during the first half of 2021[80]. - The company was recognized as a "Green Benchmark Enterprise" by the Dezhou Ecological Environment Bureau on June 2, 2021[80]. - There were no administrative penalties due to environmental issues during the reporting period[81]. Shareholder and Corporate Governance - The company has committed to not transferring or managing shares held by major shareholders for 36 months post-IPO[85]. - Major shareholders are restricted from transferring more than 25% of their shares annually during their tenure as directors or senior management[87]. - The company has a commitment to maintain shareholding restrictions for 12 months post-IPO for other shareholders[89]. - The company has committed to avoiding any business competition with its controlling shareholder, Jingjin Investment, ensuring no direct or indirect competition in operations[90]. - The controlling shareholders, Jiang Guiting and Song Guihua, have pledged not to engage in any competitive business activities that could harm the company or its subsidiaries[91]. - The company guarantees that any related party transactions will adhere to fair market principles and will not harm the interests of the company and its shareholders[95]. - The commitment to avoid competition is irrevocable, ensuring long-term compliance and protection for the company and its shareholders[92]. - The company will ensure that any unavoidable related party transactions are conducted at market prices and follow the necessary approval processes[95]. - The company has implemented a stock buyback program, resulting in an increase in treasury stock by 130.35% to ¥287,407,487.03 from ¥124,769,970.00[50]. - The company has established a plan to stabilize its stock price, which will be activated if the stock price falls below the latest audited net asset value per share for 20 consecutive trading days[96]. - The controlling shareholder will propose a specific plan to stabilize the stock price within five trading days if the conditions are met, including the number of shares to be purchased and the price range[99]. - The company will repurchase shares if the stock price remains below the latest audited net asset value per share after the controlling shareholder's stabilization measures have been implemented[100]. - The controlling shareholder's share repurchase will not exceed 2% of the total share capital within a 12-month period, ensuring compliance with listing conditions[100]. - Directors and senior management are required to purchase company shares within 90 days of the stabilization plan announcement, with a minimum investment of 20% of their previous year's after-tax salary[103]. - The stabilization plan will terminate if the stock price exceeds the latest audited net asset value per share for 20 consecutive trading days[104]. - The company commits to improving management efficiency and cost control to enhance operational performance[110]. - The company aims to expand its business scale and range through multi-channel development, focusing on vertical integration into filtration system solutions[110]. - The company has a good integrity status, with no significant debts or court judgments pending during the reporting period[116]. - The company has not disclosed any other necessary information as required by securities regulatory authorities[124]. Financial Position and Capital Structure - The total number of shares increased from 411,739,500 to 411,949,500, with a net increase of 210,000 shares[122]. - The proportion of limited shares increased slightly from 53.78% to 53.80% following the issuance of new shares[122]. - The company’s total assets reached CNY 5.43 billion, up from CNY 5.25 billion at the end of 2020, representing an increase of about 3.5%[142]. - The company's total liabilities increased from CNY 2.28 billion to CNY 2.57 billion, marking a growth of approximately 12.7%[142]. - The company's equity attributable to shareholders decreased from CNY 2.97 billion to CNY 2.86 billion, a decline of approximately 3.7%[142]. - The company reported a total of CNY 1.56 billion in contract liabilities as of June 30, 2021, compared to CNY 1.35 billion at the end of 2020, reflecting an increase of about 15.5%[140]. - The company’s deferred income decreased from CNY 26.75 million to CNY 25.61 million, a decline of approximately 4.3%[142]. - The total comprehensive income for the period amounted to 272,909,010.41, reflecting a significant increase compared to the previous period[167]. - The capital reserve increased by 62,985,234.36, indicating strong financial health and investment potential[167]. - The total equity attributable to the parent company reached 2,861,384,400.27, up from 2,672,345,811.66 in the previous period, showing a growth of approximately 7.06%[172]. - The unallocated profits decreased by 285,941,933.90, suggesting a need for strategic financial management moving forward[167]. - The company reported a decrease in the total equity of minority shareholders by 71,922,975.19, indicating potential challenges in maintaining minority interests[172]. - The initial balance of paid-in capital was 411,739,500.00, with a slight increase to 411,949,500.00 by the end of the period[172]. - The company has allocated 2,208,864.55 to special reserves, reflecting a commitment to future investments and risk management[171]. - The total capital stock remained stable at 400,035,000.00, indicating no new equity issuance during the period[172]. - The overall financial position remains robust, with total equity increasing by 7.06% year-over-year, positioning the company for future growth opportunities[172]. - The total owner's equity at the end of the reporting period is 2,392,823,848.20 RMB, with an increase of 188,011,794.55 RMB compared to the previous period[180]. - The company reported a net profit distribution of -285,941,933.90 RMB, indicating a loss in profit allocation to shareholders[180]. - The company’s paid-in capital increased by 210,000.00 RMB, reflecting new investments in equity[180]. - The total amount of special reserves at the end of the period is 30,966,431.78 RMB, indicating a stable reserve position[177]. - The company reported a total of 400,035,000.00 RMB in other comprehensive income, which was carried forward to retained earnings[177]. - The company’s total liabilities and equity at the end of the reporting period amounted to 2,600,422,836.47 RMB, indicating a solid financial foundation[177]. Operational Efficiency - The company’s gross margin slightly decreased due to significant raw material price increases, while net profit growth outpaced revenue growth[41]. - The company emphasizes the importance of management efficiency by linking performance assessments to compensation systems[111]. - The company is focused on optimizing its fundraising management to achieve expected returns from investment projects as soon as possible[111]. - The company plans to enhance its core products through technological upgrades and expansion of production facilities, aiming to improve product quality and reduce production costs[111]. - The company anticipates that the basic earnings per share may be diluted in the year of fundraising due to the construction cycle of investment projects[107]. - The company will enhance its technological capabilities and service awareness to maintain long-term relationships with existing clients[110].

Financial Performance - Operating revenue rose by 73.91% to CNY 877,093,090.73 year-on-year[11] - Net profit attributable to shareholders increased by 56.16% to CNY 99,199,109.32 compared to the same period last year[11] - Basic earnings per share increased by 50.00% to CNY 0.24 compared to the previous year[11] - The company reported a total profit of ¥129,559,161.09 for Q1 2021, up 57.5% from ¥82,156,904.73 in Q1 2020[45] - Net profit for Q1 2021 was ¥99,199,109.32, representing a 56.3% increase from ¥63,522,364.19 in Q1 2020[47] - The total profit for Q1 2021 was RMB 102,546,399.33, compared to RMB 70,494,819.15 in Q1 2020, marking a 45.5% increase[51] Assets and Liabilities - Total assets increased by 6.35% to CNY 5,580,090,909.64 compared to the end of the previous year[11] - The total assets at the end of the reporting period amounted to RMB 4,288,082,347.08, compared to RMB 4,011,638,077.89 at the beginning of the period[30] - Non-current assets totaled ¥1,292,008,562.56, an increase from ¥1,235,282,358.22, reflecting a growth of about 4.58%[35] - Current liabilities rose to ¥2,438,486,856.75, compared to ¥2,235,212,007.29, indicating an increase of approximately 9.11%[35] - Total liabilities increased to ¥2,477,603,037.11 from ¥2,275,269,694.23, representing a growth of approximately 8.89%[35] - Total liabilities increased to ¥2,911,369,325.12 in Q1 2021, up from ¥2,705,458,633.30 in Q1 2020, reflecting a growth of 7.6%[45] Cash Flow - Net cash flow from operating activities decreased by 28.26% to CNY 41,618,506.45 year-on-year[11] - The cash flow from operating activities was RMB 41,618,506.45, down 28.2% from RMB 58,014,229.08 in Q1 2020[56] - The net cash flow from operating activities for Q1 2021 was ¥89,624,867.51, an increase from ¥58,063,129.05 in Q1 2020, representing a growth of approximately 54.5%[58] - Total cash inflow from operating activities reached ¥725,613,431.34, compared to ¥501,162,416.23 in the same period last year, indicating a year-over-year increase of about 44.8%[58] - The cash outflow from operating activities was ¥635,988,563.83, up from ¥443,099,287.18 in Q1 2020, reflecting a rise of approximately 43.5%[58] Expenses - Operating costs rose to RMB 630,773,640.48, reflecting a 74.47% increase from RMB 361,530,770.62 year-on-year, primarily due to increased sales volume[21] - Management expenses surged by 289.13% to RMB 55,906,432.99, attributed to stock incentive costs and rising maintenance expenses[21] - Research and development expenses increased by 61.74% to RMB 20,282,375.34, indicating a commitment to innovation and product development[21] - Research and development expenses for Q1 2021 were ¥20,282,375.34, an increase of 61.8% from ¥12,540,137.86 in Q1 2020[45] Shareholder Information - The total number of shareholders reached 13,309 by the end of the reporting period[17] - The largest shareholder, Jingjin Investment Co., Ltd., holds 33.35% of the shares[17] Other Financial Metrics - The weighted average return on equity rose by 0.93 percentage points to 3.28%[11] - The company reported non-recurring gains of CNY 375,670.48 during the period[16] - The company reported a decrease in other income by 50.97%, down to RMB 920,293.18, due to fewer government subsidies received compared to the previous year[21] - Deferred income tax liabilities decreased to ¥12,932,794.92 in Q1 2021 from ¥13,305,008.32 in Q1 2020, a decline of 2.8%[45]

Financial Performance - The company's operating revenue for 2020 was approximately RMB 3.33 billion, a slight increase of 0.56% compared to RMB 3.31 billion in 2019[18]. - Net profit attributable to shareholders of the listed company reached approximately RMB 514.68 million, representing a year-on-year growth of 24.60% from RMB 413.08 million in 2019[18]. - The net cash flow generated from operating activities was approximately RMB 610.94 million, an increase of 37.63% compared to RMB 443.89 million in 2019[18]. - The total assets of the company at the end of 2020 amounted to approximately RMB 5.25 billion, reflecting a growth of 12.18% from RMB 4.68 billion at the end of 2019[18]. - The net assets attributable to shareholders of the listed company were approximately RMB 2.97 billion, an increase of 11.20% compared to RMB 2.67 billion at the end of 2019[18]. - Basic earnings per share (CNY/share) increased by 17.27% to 1.29 from 1.10[21]. - Diluted earnings per share (CNY/share) also rose by 17.27% to 1.29 from 1.10[21]. - The company achieved operating revenue of CNY 3,329.30 million, a year-on-year increase of 0.56%[35]. - The net profit attributable to shareholders was CNY 514.68 million, representing a year-on-year growth of 24.60%[35]. - The net cash flow from operating activities increased by 37.63% to CNY 61,094.26 million, attributed to improved management of receivables and increased cash collection[39]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 7.00 per 10 shares, amounting to approximately RMB 288.36 million, which is 56.03% of the net profit attributable to shareholders[4]. - The cash dividend distribution plan has been approved by the company's board and supervisory board, pending approval from the 2020 annual general meeting[82]. - In 2019, the company distributed a cash dividend of 6 RMB per 10 shares, totaling 480,042,000 RMB, which was 116.21% of the net profit attributable to ordinary shareholders[82]. - The company did not distribute any stock dividends or implement capital reserve transfers in 2020, with remaining undistributed profits carried forward to the next fiscal year[83]. - The company’s profit distribution plan complies with the provisions of its articles of association, and independent directors have expressed clear agreement[82]. Risk Management - The company has outlined potential risks in its future business development in the report[5]. - The company faces risks related to policy changes that could impact market demand for its products[71]. - The company is also exposed to macroeconomic fluctuations that may affect product demand and order volumes[71]. - The ongoing COVID-19 pandemic presents uncertainties that could impact the company's operations and financial performance[76]. - The company has implemented internal measures to mitigate risks associated with the actual controller's influence on business decisions[77]. Corporate Governance - The company has established commitments to avoid and reduce related party transactions, ensuring that any unavoidable transactions adhere to market standards and legal regulations[5]. - The company and its controlling shareholders have pledged to avoid engaging in any business that competes with the company or its subsidiaries[6]. - The company maintains independence from its controlling shareholder in business, personnel, assets, and finance, with no instances of fund or asset occupation[197]. - The supervisory board is compliant with legal requirements and effectively exercises its rights[197]. - The company has ensured timely and accurate information disclosure, with no significant errors or omissions during the reporting period[197]. Research and Development - The company obtained 109 authorized patents during the reporting period, significantly increasing its patent count[35]. - The company is focusing on R&D projects aimed at enhancing core competitiveness, including specialized filter presses for the dyeing industry and energy-efficient unmanned sludge filter presses[51]. - In 2021, the company plans to increase R&D investment to enhance innovation capabilities and improve the quality of development[67]. Environmental Responsibility - The company adheres to environmental standards, with no exceedances reported in pollutant emissions for the year 2020[129]. - The total emissions of SO2 were recorded at 0.432 tons, while NOx emissions were 1.075 tons, both within regulatory limits[129]. - The company has implemented measures to ensure that solid waste is either recycled or disposed of by qualified units[132]. - The company invested CNY 16.8 million in air pollution control measures during the reporting period[133]. - The company achieved a 100% compliance rate for major pollutants in its environmental monitoring during the reporting period[139]. Shareholder Structure - The total number of ordinary shares increased from 400,035,000 to 411,739,500 during the reporting period, with an issuance of 11,704,500 restricted shares at a price of RMB 10.66 per share[151]. - The top shareholder, Jingjin Investment Co., Ltd., holds 137,366,349 shares, representing 33.36% of the total shares[155]. - The second-largest shareholder, Jiang Guiting, holds 49,342,700 shares, accounting for 11.98% of the total shares[155]. - The company has not reported any changes in the actual controller during the reporting period[168]. - The company has not issued any preferred shares during the reporting period[169]. Employee Management - The company employed a total of 4,287 staff, including 3,201 production personnel and 392 sales personnel[192]. - The company has established a comprehensive salary and welfare system based on employee qualifications, positions, and performance[193]. - Internal and external training programs were implemented for employees, including safety, skills, and regulatory training[194]. Audit and Compliance - The company appointed Zhongshen Zhonghuan Accounting Firm for auditing, with a remuneration of RMB 1,000,000 for the audit services over a two-year term[107]. - The company has committed to not transferring benefits unfairly to other entities or individuals, ensuring that management's compensation is linked to the execution of return measures[104]. - There were no major lawsuits or arbitration matters during the reporting period[110].

Financial Performance - Net profit attributable to shareholders was CNY 312,056,777.54, reflecting a year-on-year increase of 7.72%[17] - Operating revenue for the period was CNY 2,291,481,130.51, a decrease of 10.76% compared to the same period last year[17] - Basic earnings per share were CNY 0.78, down 1.27% from CNY 0.79 in the previous year[17] - The company reported a net loss from non-operating activities of CNY 4,293,957.61 for the year-to-date period[22] - Other income increased by 340.31% to RMB 5,547,896.04 due to government subsidies such as industry support funds and employment stabilization subsidies[27] - Total operating revenue for Q3 2020 was approximately ¥947.89 million, a slight increase from ¥915.32 million in Q3 2019, representing a growth of about 3.1%[54] - Net profit for Q3 2020 was approximately ¥146.10 million, compared to ¥113.45 million in Q3 2019, reflecting an increase of about 28.8%[58] - The total operating revenue for the first three quarters of 2020 was approximately ¥2.29 billion, down from ¥2.57 billion in the same period of 2019, a decline of about 10.4%[54] - The total profit for Q3 2020 was approximately ¥193.35 million, compared to ¥148.05 million in Q3 2019, an increase of about 30.6%[58] Cash Flow - Net cash flow from operating activities amounted to CNY 398,523,319.52, representing a significant increase of 60.28% year-on-year[17] - Net cash flow from operating activities increased to $398.87 million, up from $248.44 million, representing a growth of 60.5% year-over-year[79] - Cash flow from operating activities for the first three quarters of 2020 was CNY 398,523,319.52, significantly higher than CNY 248,643,829.12 in the same period of 2019, reflecting a growth of approximately 60.2%[74] - The company recorded a net cash inflow from investment activities of CNY 252,217,868.71 in the third quarter of 2020, compared to a net outflow of CNY 302,175,134.50 in the same period of 2019[77] - Total cash inflow from investment activities was $312.97 million, compared to $2.90 million in the previous period, indicating a significant increase[79] - Cash outflow for investment activities decreased to $60.75 million from $305.07 million, reflecting a reduction of 80%[79] - Net cash flow from financing activities was negative at -$240.30 million, compared to a positive $231.77 million in the previous period[79] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,953,566,089.98, an increase of 5.91% compared to the end of the previous year[17] - The company’s total liabilities decreased, with a notable reduction in accounts receivable financing by 52.33% to RMB 102,673,417.82[32] - Total liabilities increased to CNY 2,205,947,006.36 from CNY 2,004,846,281.85, representing a growth of approximately 10%[51] - Current liabilities rose to CNY 2,177,461,265.09, an increase of 10.1% from CNY 1,977,741,540.30[45] - Total assets increased to CNY 4,953,566,089.98, up from CNY 4,677,192,093.51, representing a growth of approximately 5.9% year-over-year[45] - Non-current assets totaled CNY 1,177,674,387.01, compared to CNY 1,074,223,299.91, reflecting an increase of about 9.6%[45] - The company has long-term equity investments valued at ¥100,000,000.00, suggesting ongoing investment strategies[90] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,578[23] - The largest shareholder, Jingjin Investment Co., Ltd., held 34.34% of the shares[23] - Shareholders' equity rose to CNY 2,747,619,083.62, up from CNY 2,672,345,811.66, indicating an increase of about 2.8%[51] Expenses - Research and development expenses for Q3 2020 were approximately ¥17.03 million, slightly down from ¥18.28 million in Q3 2019, a decrease of about 6.8%[54] - Sales expenses for Q3 2020 were approximately ¥106.73 million, down from ¥118.12 million in Q3 2019, a decrease of about 9.8%[54] - The income tax expense for the third quarter of 2020 was CNY 43,448,966.63, compared to CNY 32,840,599.82 in the same quarter of 2019, representing an increase of approximately 32.2%[68] - Cash paid to employees increased to $357.57 million from $335.97 million, reflecting a rise of 6.1%[79] - Cash paid for taxes rose to $234.24 million from $189.78 million, an increase of 23.5%[79] Other Financial Metrics - The company experienced a net loss from credit impairment of approximately ¥3.65 million in Q3 2020, compared to a loss of ¥10.26 million in Q3 2019, indicating an improvement[56] - The company reported a decrease in credit impairment losses, with a reduction from RMB 10,986,492.29 to RMB 5,566,347.73[27] - The company experienced an 80.87% decrease in asset disposal income, dropping to RMB 245,980.48 due to fewer fixed asset disposals[27] - The company reported a significant increase in other payables, rising by 35.71% to RMB 11,803,587.85[32]

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。 证券代码：603279 证券简称：景津环保 公告编号：2020-037 景津环保股份有限公司 关于参加山东辖区上市公司 2020 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 为进一步加强与投资者的互动交流，景津环保股份有限公司（以下简称"公 司"）拟定于 2020 年 9 月 29 日参加山东证监局、山东上市公司协会与深圳市全 景网络有限公司联合举办的"山东辖区上市公司 2020 年度投资者网上集体接待 日"活动，现将有关事项公告如下： 一、活动时间 2020 年 9 月 29 日（星期二）15:00-16:55 二、活动方式 本次集体接待日活动将采取网络远程的方式举行，投资者可以登录"全景·路 演天下"（http://rs.p5w.net）参与本次活动。 三、参加人员 届时，公司董事、副总经理、董事会秘书张大伟先生、证券部部长刘文君先 生将参与本次投资者网上集体接待日活动，与投资者进行在线交流，欢迎广大投 资者积极参与。 特此公告。 景津环保股份有限公司董事会 2020 年 9 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,343,593,058.86, a decrease of 18.69% compared to CNY 1,652,444,559.56 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 165,954,737.53, down 5.83% from CNY 176,233,503.84 year-on-year[20]. - Basic earnings per share for the first half of 2020 were CNY 0.41, a decline of 16.33% from CNY 0.49 in the same period last year[24]. - The weighted average return on net assets was 6.02%, down 2.38 percentage points from 8.40% in the previous year[24]. - The company achieved operating revenue of CNY 1,343,593,058.86, a decrease of 18.69% compared to the same period last year, primarily due to the impact of COVID-19 on operations and a decline in orders[43]. - The net profit attributable to shareholders was CNY 165,954,737.53, down 5.83% year-on-year, mainly due to the decrease in operating revenue[44]. - The total comprehensive income for the period reached CNY 176,233,503.84, highlighting effective operational performance[186]. Cash Flow and Assets - The net cash flow from operating activities increased significantly by 195.65%, reaching CNY 229,439,229.66 compared to CNY 77,605,822.92 in the previous year[20]. - The total assets at the end of the reporting period were CNY 4,761,839,775.90, reflecting a 1.81% increase from CNY 4,677,192,093.51 at the end of the previous year[23]. - The total current assets as of June 30, 2020, amounted to approximately CNY 3.62 billion, a slight increase from CNY 3.60 billion at the end of 2019[131]. - The company's cash and cash equivalents decreased to approximately CNY 1.18 billion from CNY 1.23 billion year-over-year[131]. - The total liabilities increased, with accounts payable rising to approximately CNY 338.59 million from CNY 270.16 million, an increase of about 25.4%[135]. - The total cash and cash equivalents at the end of the period reached CNY 949,434,112.97, up from CNY 571,999,563.28 at the end of the previous year, representing an increase of approximately 66%[172]. Research and Development - The company holds a total of 237 domestic patents and 13 international patents as of June 30, 2020, reflecting its commitment to technological innovation[43]. - Research and development expenses slightly decreased by 5.33% to CNY 28,505,592.75 due to the impact of the pandemic on project progress[44]. - Investment in R&D increased by 30%, focusing on innovative technologies and product enhancements[200]. Market and Competitive Position - The company specializes in the production and sales of various filter presses and supporting equipment, focusing on solid-liquid separation solutions[30]. - The company has a strong competitive position, with some products reaching international advanced levels in performance and technology[35]. - The company aims to expand its market reach and develop new high-quality customer resources while maintaining existing client relationships[39]. - The company is involved in various sectors, including environmental protection, mineral processing, chemicals, food, and pharmaceuticals[34]. Environmental and Regulatory Compliance - The company has implemented a three-level supervision mechanism for pollution control facilities, ensuring stable operation[111]. - The company adheres to national laws and regulations on environmental protection, emphasizing sustainable development[111]. - The company has established an emergency response plan for environmental incidents and regularly conducts training and drills for employees[115]. - The company reported that all pollution control measures operated normally and met discharge standards throughout the year[111]. Shareholder and Governance - The actual controller, Jingjin Investment, holds 34.34% of the company's shares, with Mr. Jiang Guiting directly holding 12.33% and Ms. Song Guihua holding 5.75%[66]. - The company has not distributed profits or increased capital reserves during the reporting period, with no dividends or stock bonuses proposed[72]. - The company has commitments from major shareholders to not transfer or manage their shares for a specified period, ensuring stability in shareholding[76]. - The company will take measures to protect minority shareholders' interests, including potential stock buybacks if stock prices fall significantly[83]. Future Outlook and Strategy - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[147]. - The company expects a revenue growth of 20% for the second half of 2020, driven by new product launches[200]. - The company plans to invest in an environmental high-performance filtration materials project, as approved in a board meeting on March 30, 2020[56].

Financial Performance - The company's operating revenue for 2019 was approximately RMB 3.31 billion, representing a 13.44% increase from RMB 2.92 billion in 2018[22]. - The net profit attributable to shareholders for 2019 was approximately RMB 413.08 million, a significant increase of 68.96% compared to RMB 244.48 million in 2018[22]. - The net cash flow from operating activities for 2019 was approximately RMB 443.89 million, reflecting a 35.78% increase from RMB 326.91 million in 2018[22]. - The net profit after deducting non-recurring gains and losses for 2019 was approximately RMB 401.16 million, up 69.37% from RMB 236.86 million in 2018[22]. - Basic earnings per share increased by 61.76% to CNY 1.10 from CNY 0.68[25]. - The weighted average return on net assets improved by 4.09 percentage points to 17.05% from 12.96%[25]. - The gross profit margin improved by 4.61 percentage points to 34.80% due to a smaller increase in operating costs compared to revenue growth[50]. - The company reported a net profit margin of 11.22%, indicating a stable profitability level[169]. Dividend Distribution - The proposed cash dividend distribution is RMB 6.00 per 10 shares, totaling approximately RMB 240.02 million, which accounts for 58.11% of the net profit attributable to shareholders[6]. - The company has not proposed any stock dividends or capital reserve transfers for the profit distribution plan[6]. - The company has not made any adjustments to its cash dividend policy during the reporting period[82]. - The company has not proposed any ordinary share cash profit distribution plan during the reporting period despite having positive distributable profits[86]. - The company’s independent directors have expressed clear agreement with the profit distribution plan, which was approved by the shareholders' meeting[85]. Assets and Liabilities - The total share capital as of December 31, 2019, was 400,035,000 shares[6]. - The net assets attributable to shareholders of the listed company increased by 32.96% to CNY 2,672,345,811.66 from CNY 2,009,953,108.04[25]. - Total assets rose by 30.99% to CNY 4,677,192,093.51 compared to CNY 3,570,534,119.74[25]. - The asset-liability ratio at the end of 2019 was 42.86%, a decrease compared to the beginning of the year[149]. Research and Development - Research and development expenses rose by 40.83% to CNY 68,644,760.63, reflecting increased investment in innovation[47]. - The total R&D expenditure for the period was 68,644,760.63 yuan, representing 2.07% of the operating income, with 346 R&D personnel making up 8.14% of the total workforce[56]. - The company has focused on R&D projects including a fully automatic low-temperature filter cake drying machine and a sedimentation mud-water separator, aimed at enhancing core competitiveness[57]. - Ongoing research and development efforts are aimed at enhancing product efficiency, with a budget allocation of 10% of total revenue for R&D[169]. Market Position and Strategy - The company anticipates continued growth in the upcoming fiscal year, based on current market conditions and strategic initiatives[7]. - The company aims to expand its market share in the filter press market while enhancing its environmental business, positioning itself as a leading comprehensive environmental service provider[71]. - The company plans to continue expanding its market presence and enhancing product competitiveness through ongoing innovation[46]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share within the next two years[169]. - The management team emphasizes the importance of sustainability in its growth strategy, aligning with global environmental standards[169]. Corporate Governance - The company is committed to maintaining transparency and accuracy in its financial reporting, as confirmed by the audit report from Zhongshun Zhonghuan Accounting Firm[6]. - The company will continue to strengthen its internal controls and governance to protect shareholder interests and ensure compliance with regulatory requirements[73]. - The board of directors consists of independent directors accounting for one-third of the total, ensuring compliance with legal requirements[188]. - The company has established a structured governance framework, including specialized committees to support decision-making processes[188]. Environmental Responsibility - The company has actively fulfilled its social responsibilities, contributing to local economic development and employment[124]. - The company invested CNY 17.5 million in air pollution control measures during 2019[131]. - The company completed the low-nitrogen technology transformation for three gas boilers, achieving ultra-low emissions of nitrogen oxides[131]. - The company reported a total of 1.357 tons of particulate matter emissions from fabric waste gas, which is below the standard of 10 mg/m³[130]. - The company maintained stable operation of pollution control measures, ensuring compliance with discharge standards throughout the year[131]. Shareholder Structure - The actual controller, Jingjin Investment, holds 34.34% of the company's shares, with Mr. Jiang Guiting directly holding 12.33% and Ms. Song Guihua holding 5.75%[79]. - The largest shareholder, Jingjin Investment Co., Ltd., holds 137,366,349 shares, representing 34.34% of the total shares[150]. - The total number of ordinary shareholders increased from 15,991 to 18,911 during the reporting period[150]. - The company’s shareholder structure changed significantly with the introduction of new investors post-IPO[146]. Risks and Challenges - The company faces risks related to policy changes that could impact market demand for its products, as well as macroeconomic fluctuations that may affect downstream industries[75]. - The ongoing COVID-19 pandemic presents uncertainties that could affect the company's operations and market demand, which the company is closely monitoring[78]. Audit and Compliance - The company received an unqualified audit opinion for its financial statements, indicating fair representation of its financial position as of December 31, 2019[198]. - There were no significant deficiencies in internal controls reported during the period[196]. - The company did not disclose an internal control self-evaluation report, indicating no major issues were identified[196].

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 63,522,364.19, down 32.47% year-on-year[12]. - Operating revenue for the period was CNY 504,326,923.39, a decrease of 37.87% compared to the same period last year[12]. - Basic earnings per share were CNY 0.16, down 38.46% from CNY 0.26 in the same period last year[12]. - The company reported a net profit for the current period of RMB 63,522,364.19, down 32.47% from RMB 94,061,429.07 in the previous year[21]. - Total operating revenue for Q1 2020 was ¥504,326,923.39, a decrease of 37.9% compared to ¥811,781,323.51 in Q1 2019[48]. - Net profit for Q1 2020 was ¥63,522,364.19, a decline of 32.5% from ¥94,061,429.07 in Q1 2019[50]. - Total profit for the first quarter was CNY 70.49 million, down from CNY 106.88 million year-over-year, reflecting a decrease of approximately 34%[54]. Cash Flow - The net cash flow from operating activities was CNY 58,014,229.08, an increase of 3.13% year-on-year[12]. - The net cash flow from operating activities increased by 3.13% to RMB 58,014,229.08 compared to RMB 56,253,383.81 last year[21]. - Cash flow from operating activities for Q1 2020 was RMB 58,063,129.05, a slight increase of 3.4% compared to RMB 56,144,806.55 in Q1 2019[63]. - The company generated CNY 501.16 million in cash inflows from operating activities, compared to CNY 585.47 million in the same period last year, a decline of about 14%[59]. - The net cash flow from financing activities was negative at RMB -11,733,367.88, slightly improved from RMB -12,694,716.40 in Q1 2019[65]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,667,546,837.33, a decrease of 0.21% compared to the end of the previous year[12]. - The total amount of other non-current assets rose by 375.45% to RMB 12,694,000.00 from RMB 2,669,870.35[25]. - Total liabilities decreased from ¥2,004,846,281.85 to ¥1,930,619,383.08, a decline of approximately 3.67%[38]. - Current liabilities decreased from ¥1,977,741,540.30 to ¥1,904,041,308.29, a reduction of approximately 3.71%[36]. - Total liabilities as of the reporting date were ¥2,417,936,367.61, down from ¥2,460,064,606.15 in the previous period[44]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,991[18]. - The largest shareholder, Jingjin Investment Co., Ltd., held 34.34% of the shares[18]. - Shareholders' equity increased from ¥2,672,345,811.66 to ¥2,736,927,454.25, an increase of about 2.41%[38]. Operational Efficiency - Operating costs decreased by 38.63% to RMB 343,787,685.88 from RMB 560,227,011.04 year-on-year[21]. - The company reported a significant increase in contract liabilities, amounting to RMB 1,375,220,813.40, due to reclassification from advance receipts[25]. - The company attributed the decrease in revenue primarily to the impact of the COVID-19 pandemic, which caused operational shutdowns and delayed customer deliveries[24]. Research and Development - Research and development expenses for Q1 2020 were ¥12,540,137.86, slightly up from ¥12,445,725.52 in Q1 2019[48]. - Research and development expenses were CNY 12.54 million, remaining relatively stable compared to CNY 12.45 million in the previous year[54].

Financial Performance - Net profit attributable to shareholders increased by 31.74% to CNY 289,682,202.99 for the year-to-date period[18] - Operating revenue for the year-to-date period rose by 19.97% to CNY 2,567,765,514.93 compared to the same period last year[18] - Basic earnings per share increased by 29.51% to CNY 0.79[21] - The weighted average return on net assets increased by 1.05 percentage points to 12.80%[21] - Total operating revenue for Q3 2019 reached ¥915,320,955.37, a 16% increase from ¥789,756,465.63 in Q3 2018[55] - Net profit for Q3 2019 was ¥113,448,699.15, up 62% from ¥70,096,553.55 in Q3 2018[58] - Operating profit for Q3 2019 was ¥144,428,821.43, compared to ¥93,682,866.59 in Q3 2018, reflecting a 54% increase[58] - The company reported a total profit of ¥148,051,381.71 for Q3 2019, up from ¥93,944,889.65 in Q3 2018[58] - The company's total comprehensive income for Q3 2019 was ¥113,448,699.15, reflecting strong performance compared to ¥70,096,553.55 in Q3 2018[60] Assets and Liabilities - Total assets increased by 20.17% to CNY 4,290,631,629.27 compared to the end of the previous year[18] - Current liabilities totaled ¥1,716,988,835.01, up from ¥1,533,592,103.08, indicating an increase of about 12%[45] - Total liabilities reached ¥1,742,555,243.33, compared to ¥1,560,581,011.70, marking an increase of approximately 12%[45] - Shareholders' equity rose to ¥2,548,076,385.94 from ¥2,009,953,108.04, indicating a growth of around 27%[45] - The total non-current assets amounted to ¥1,076,028,438.88, up from ¥1,054,692,027.74, reflecting a growth of about 2%[45] Cash Flow - Net cash flow from operating activities increased by 22.59% to CNY 248,643,829.12 for the year-to-date period[18] - The company reported a net cash outflow from investing activities of RMB -302,175,134.50, a decrease of 17,980.26% compared to RMB -1,671,298.79[33] - The net cash inflow from financing activities increased to RMB 231,770,353.81, a rise of 2,597.54% from RMB -9,279,956.07[33] - The company's cash inflow from operating activities totaled CNY 1,982,677,397.11 for the first three quarters of 2019, compared to CNY 1,701,934,508.01 in the same period of 2018[68] - The cash flow from sales of goods and services was CNY 1,967,046,037.46, an increase from CNY 1,660,136,797.52 in the same period of 2018[74] - The total cash and cash equivalents at the end of the period reached CNY 680,896,499.37, up from CNY 393,128,021.34 at the end of the previous year[74] Expenses - Management expenses increased by 32.12% to RMB 87,541,071.87 compared to RMB 66,260,612.82 in the same period last year[28] - R&D expenses rose by 43.65% to RMB 48,388,069.68 from RMB 33,684,653.10 year-on-year[28] - Research and development expenses for Q3 2019 amounted to ¥18,277,670.37, a 54% increase from ¥11,892,756.22 in Q3 2018[55] - The company's sales expenses for the first three quarters of 2019 amounted to CNY 289,001,848.57, a 26% increase from CNY 229,931,012.77 in the same period of 2018[63] Shareholder Information - The total number of shareholders reached 21,725[25] - The largest shareholder, Jingjin Investment Co., Ltd., holds 34.34% of the shares[25] - The company distributed a cash dividend of RMB 0.6 per share, totaling RMB 240,021,000 based on a total share capital of 400,035,000 shares[34] Other Income - The company reported a non-operating income of CNY 412,881.43 for the quarter[23] - Government subsidies recognized in the current period amounted to CNY 3,716,966.77[23] - The company reported an increase in other income by 61.27% to RMB 9,196,085.75, attributed to increased subsidy income received[31] - Other income for Q3 2019 was ¥4,057,387.73, significantly higher than ¥707,837.23 in Q3 2018[58]

Financial Performance - The company's operating revenue for the first half of 2019 was approximately ¥1.65 billion, representing a year-on-year increase of 22.36% compared to ¥1.35 billion in the same period last year[24]. - The net profit attributable to shareholders of the listed company reached approximately ¥176.23 million, an increase of 17.65% from ¥149.79 million in the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥171.44 million, reflecting a year-on-year growth of 23.09% from ¥139.28 million[24]. - The net cash flow generated from operating activities was approximately ¥77.61 million, which is a 13.32% increase compared to ¥68.48 million in the same period last year[24]. - Basic earnings per share were 0.49 yuan, representing a 16.67% increase compared to 0.42 yuan in the same period last year[25]. - The weighted average return on equity increased to 8.40%, up 0.25 percentage points from the previous year[25]. - The company reported a net profit of CNY 979,893,687.66, compared to CNY 803,660,183.82 in the previous year, indicating a growth of 22%[121]. - The total comprehensive income for the first half of 2019 was ¥176,233,503.84, an increase of 17.7% from ¥149,790,288.95 in the same period of 2018[139]. Dividend and Shareholder Commitments - The company plans to distribute a cash dividend of ¥6.00 per 10 shares (including tax) to all shareholders, pending approval at the upcoming shareholder meeting[6]. - The company has committed to fulfilling various promises related to shareholding and competition resolution[65]. - The actual controllers of the company, Jiang Guiting and Song Guihua, committed to not transferring or entrusting their shares for 36 months post-IPO, with a maximum annual transfer of 25% of their total shares during their tenure as directors or senior management[69]. - The controlling shareholder, Jingjin Investment Co., Ltd., also committed to not transferring its shares for 36 months post-IPO, with similar conditions regarding share reduction and price adherence[69]. - Shareholders holding more than 5% of the company's shares, such as Li Jiaquan, committed to a 12-month lock-up period post-IPO, with a maximum annual transfer of their shares not exceeding 25% after the lock-up[72]. Risk Management - The report includes a risk statement indicating potential risks that the company may face, urging investors to pay attention to investment risks[7]. - The company faces industry risks including policy changes, market competition, and cyclical fluctuations in downstream industries[51]. - Financial risks include the potential for bad debts from accounts receivable and the impact of rising raw material prices on operational performance[55]. - The company acknowledges the potential for net profit growth to lag behind net asset growth following the capital raise[59]. - The company has implemented internal measures to mitigate risks associated with the actual controller's influence on management decisions[60]. Research and Development - Research and development expenses rose by 38.17% to CNY 30.11 million, reflecting increased investment in R&D activities[43]. - The company holds 190 domestic patents and 12 international patents, showcasing its strong innovation capabilities[38]. - The company emphasizes the importance of technological innovation and the potential risks associated with new competitors developing advanced technologies[53]. Market Position and Strategy - The company focuses on producing various filter presses and related equipment, providing complete solutions for solid-liquid separation in multiple industries[32]. - The company employs a "make-to-order" production model, tailoring products to specific customer requirements[35]. - The company has established long-term procurement agreements with strategic suppliers for key raw materials, ensuring stable supply and cost management[35]. - The filter press manufacturing industry is encouraged by national policies, with increasing demand for energy-efficient and environmentally friendly production solutions[32]. - The company aims to expand its business scale and scope by enhancing technical capabilities and service awareness, targeting a vertical extension into overall filtration system solutions[81]. Financial Position - The total assets reached CNY 3,787,114,369.03, an increase from CNY 3,570,534,119.74, reflecting a growth of 6.1%[121]. - Total liabilities increased to CNY 1,598,981,162.73, compared to CNY 1,560,581,011.70, marking a rise of 2.7%[121]. - Shareholders' equity rose to CNY 2,188,133,206.30, up from CNY 2,009,953,108.04, representing an increase of 8.9%[121]. - Current assets totaled CNY 2,729,523,796.11, an increase of 8.5% from CNY 2,515,842,092.00 in the previous year[115]. Compliance and Governance - The company has conducted four shareholder meetings during the reporting period, all in compliance with legal and regulatory requirements[63]. - The company has not reported any incidents of the actual controller infringing on the interests of other shareholders since its establishment[60]. - The company has not engaged in any significant related party transactions during the reporting period[91]. - The company has not disclosed any major contracts or guarantees during the reporting period[91]. Environmental and Social Responsibility - The company actively complies with national environmental protection laws and has implemented necessary measures for waste gas, dust, and wastewater treatment[94]. - The company has established a complete quality assurance system, enhancing product quality and brand reputation in the market[40]. Stock Market and Shareholder Rights - The company is in a growth phase in the stock market, which may lead to speculative behaviors affecting stock prices[60]. - The company has established a stock price stabilization plan effective for 36 months post-IPO to protect minority shareholders' interests[75]. - The company commits to a share buyback plan if the prospectus contains false statements or omissions, with the buyback price determined by the higher of the issuance price or the average price over the last 30 trading days prior to the regulatory finding[81].