Financial Performance - Operating revenue decreased by 2.74% to CNY 222,194,934.22 for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders decreased by 35.94% to CNY 12,326,317.77 for the first nine months compared to the same period last year[8]. - Basic and diluted earnings per share decreased by 40.91% to CNY 0.13[8]. - Operating profit for the first nine months of 2015 was CNY 13,931,128.88, a decline from CNY 22,906,614.58 in the same period of 2014, representing a decrease of approximately 39.2%[35]. - The company reported a total operating revenue of CNY 222,194,934.22 for the first nine months of 2015, a slight decrease from CNY 228,450,449.19 in the same period of 2014[35]. - The total profit for Q3 2015 was CNY 5,231,982.32, down from CNY 11,008,360.27 in Q3 2014, reflecting a decrease of approximately 52.5%[37]. - The company’s total comprehensive income for Q3 2015 was CNY 4,844,752.99, compared to CNY 9,652,578.62 in Q3 2014, indicating a decline of about 49.9%[37]. Assets and Liabilities - Total assets increased by 28.81% to CNY 846,359,732.10 compared to the end of the previous year[7]. - Current assets totaled ¥555,529,031.09, an increase from ¥416,468,928.36, reflecting a rise of about 33.4%[31]. - Total liabilities reached ¥382,778,178.75, compared to ¥369,967,819.08 at the beginning of the year, reflecting a slight increase of about 3.2%[32]. - Shareholders' equity rose to ¥463,581,553.35 from ¥287,095,903.80, representing a substantial increase of approximately 61.5%[32]. - Non-current assets totaled ¥290,830,701.01, up from ¥240,594,794.52, indicating an increase of about 20.9%[31]. Cash Flow - Net cash flow from operating activities decreased by 101.49% to -CNY 200,242,205.99 for the first nine months compared to the same period last year[7]. - Cash inflow from operating activities totaled CNY 89,423,599.85, down 43.6% from CNY 158,485,796.71 in the previous year[42]. - The company reported a total cash and cash equivalents net decrease of CNY -69,346,158.42, compared to CNY -55,141,267.30 in the previous year[43]. - The ending cash and cash equivalents balance was CNY 28,256,286.77, a decrease from CNY 24,324,242.28 year-over-year[43]. Shareholder Information - The total number of shareholders reached 18,885 at the end of the reporting period[12]. - The largest shareholder, Dalian Paisi Investment Co., Ltd., holds 49.42% of the shares and has pledged 35,540,000 shares[12]. - The company reported a significant commitment from its major shareholder, Paise Investment, to hold its shares long-term, with a maximum reduction of 5% of the shares held during the two-year lock-up period[19]. - Energas Ltd., another major shareholder, has agreed to a maximum reduction of 25% of its shares during the same lock-up period, ensuring the share price will not fall below the IPO price adjusted for any rights issues[19]. Related Party Transactions - The company has committed to fair and reasonable pricing for any related party transactions, adhering to market standards to prevent profit transfer or harm to other shareholders[23]. - The company has pledged to minimize related party transactions and ensure that any unavoidable transactions are conducted on an equal and voluntary basis[24]. - The company has established measures to avoid conflicts of interest with its major shareholders, ensuring no similar business activities will be conducted that could lead to competition[21]. - The company will not utilize funds from related parties inappropriately, ensuring that all financial dealings are transparent and accountable[24]. - The company has committed to compensating any losses incurred by the company or its shareholders due to violations of these commitments[24]. Tax and Subsidies - Government subsidies recognized in the current period amounted to CNY 1,500,000.00[10]. - Income tax expenses decreased by 49.28% to ¥1,899,367.30 due to a decline in profits[16]. - Total revenue from operating taxes and surcharges increased by 52.67% to ¥2,269,329.38, driven by a rise in value-added tax[16]. - Non-operating income grew by 137.21% to ¥1,521,529.93, primarily from received listing subsidies[16]. Other Financial Metrics - Cash and cash equivalents decreased by 71.43% to ¥30,921,403.00 due to increased purchases of goods and fixed asset investments[15]. - Accounts receivable increased by 94.59% to ¥348,308,504.26, primarily due to an increase in sales[15]. - Prepayments surged by 324.67% to ¥67,149,012.67, reflecting higher advance payments for goods[15]. - Other receivables rose by 42.35% to ¥4,052,001.84, mainly due to increased advances[15]. - Deferred tax assets increased by 76.41% to ¥6,589,601.88, attributed to the provision for bad debts[15].

Financial Performance - The company's operating revenue for the first half of 2015 was ¥160,671,023.45, a decrease of 7.73% compared to ¥174,137,339.13 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2015 was ¥8,665,197.39, down 13.76% from ¥10,048,271.91 in the previous year[19]. - The net cash flow from operating activities was -¥103,626,286.31, which is a decline of 33.72% compared to -¥77,492,249.23 in the same period last year[20]. - Basic earnings per share for the first half of 2015 were ¥0.09, a decrease of 18.18% compared to ¥0.11 in the same period last year[21]. - The weighted average return on net assets was 2.35%, down 1.54 percentage points from 3.89% in the previous year[21]. - The company reported a total of ¥11,841.05 in non-recurring gains and losses for the period[24]. - The total profit decreased to ¥10,023,020.13 from ¥12,438,169.83, reflecting a decline of about 19.4% year-over-year[90]. - The total comprehensive income for the current period was CNY 8,660,834.49, reflecting a decrease of CNY 4,362[104]. Assets and Liabilities - The total assets at the end of the reporting period were ¥757,564,663.58, reflecting a 15.29% increase from ¥657,063,722.88 at the end of the previous year[20]. - The total current assets as of June 30, 2015, amounted to RMB 511,454,295.32, an increase from RMB 416,468,928.36 at the beginning of the period, reflecting a growth of approximately 22.7%[82]. - Accounts receivable increased significantly to RMB 307,524,038.57 from RMB 179,000,669.89, representing a growth of about 71.8%[82]. - Cash and cash equivalents decreased to RMB 76,300,954.14 from RMB 108,236,132.05, a decline of approximately 29.5%[82]. - The total liabilities and equity structure will be further detailed in the upcoming financial reports, with a focus on enhancing shareholder value through strategic investments and management changes[81]. - Current liabilities decreased to CNY 272,345,026.90 from CNY 322,768,419.08, a reduction of about 15.7%[83]. - The company’s total liabilities were approximately 154.68 million, which is a critical factor in assessing its financial leverage and risk profile[111]. Shareholder Information - The total share capital of the company is 12,040,000 shares, with 3,010,000 new shares issued, accounting for 25.00% of the total[72]. - The number of shareholders reached 13,353 by the end of the reporting period[73]. - The largest shareholder, Dalian Pasi Investment Co., Ltd., holds 59,500,000 shares, representing 49.42% of the total shares[75]. - The company has 9,030,000 restricted shares, which make up 75.00% of the total share capital[72]. - The company has committed to not transferring or entrusting the management of its shares for 36 months post-IPO, effective from April 24, 2015, until April 24, 2018[57]. - The company’s major shareholders will face penalties for failing to adhere to their commitments, including the requirement to return any profits gained from non-compliance to the company[62]. Corporate Governance - The governance structure of the company complies with relevant laws and regulations, ensuring fair and transparent information disclosure[67]. - The company has established effective internal controls to maintain operational compliance and protect shareholder interests[67]. - The company has committed to transparency in its financial dealings, including timely disclosures of any related party transactions[62]. - The company has established a clear framework for managing potential conflicts of interest among its major shareholders and their related parties[62]. Operational Developments - The company established three wholly-owned subsidiaries to expand its LNG, CNG, and LPG operations, as well as distributed energy projects[26]. - The company appointed a new general manager, Xie Bing, and made several adjustments to the management team, including the hiring of new deputy general managers[79]. - The company has established strong relationships with major gas turbine manufacturers, ensuring a stable customer base for future growth[39]. Research and Development - The company reduced its R&D expenditure by 31.34% to ¥4.48 million, attributed to fewer project initiations compared to the previous year[29]. - The company has obtained 14 core product patents and developed 10 software copyrights, enhancing its technological capabilities[37]. Cash Flow Management - Cash inflow from operating activities decreased to ¥64,624,645.96 from ¥118,445,230.68, a decline of approximately 45.5%[95]. - Cash outflow from operating activities was ¥168,250,932.27, down from ¥195,937,479.91, representing a reduction of about 14.2%[95]. - Net cash flow from financing activities improved to ¥74,204,872.23 from ¥34,829,736.52, showing a growth of about 112%[96]. Financial Reporting and Accounting Policies - The financial statements are prepared in accordance with the enterprise accounting standards, reflecting the company's financial position and operating results accurately[124]. - The company uses RMB as its functional currency for accounting purposes[127]. - The company follows specific accounting policies for mergers and acquisitions, including the treatment of goodwill and impairment testing[129]. - The company recognizes impairment losses for held-to-maturity investments when their carrying amount exceeds the present value of expected future cash flows[157]. Compliance and Risk Management - The company has not engaged in any financial investments or derivative investments during the reporting period[44][45]. - The company has established a commitment to avoid any related party transactions that could harm the interests of the company and its shareholders, ensuring fair market pricing for any unavoidable transactions[62].

Financial Performance - Operating revenue increased by 5.48% to CNY 42,937,017.50 compared to the same period last year[7] - The net profit attributable to shareholders decreased by 9.63% to CNY -4,251,629.60 compared to the same period last year[7] - Total revenue for Q1 2015 was CNY 42,937,017.50, an increase of 5.7% compared to CNY 40,705,424.18 in the previous period[35] - The company's operating revenue for Q1 2015 was CNY 42,907,309.64, an increase of 5.4% compared to CNY 40,705,424.18 in the previous year[39] - The net profit for Q1 2015 was a loss of CNY 4,003,264.27, improving from a loss of CNY 4,627,861.77 in the same period last year, representing a reduction of approximately 13.5%[39] - The total comprehensive income for Q1 2015 was CNY -4,003,264.27, compared to CNY -4,627,861.77 in the previous year, showing an improvement of approximately 13.5%[40] Cash Flow - Net cash flow from operating activities decreased by 14.13% to CNY -99,108,981.50 compared to the same period last year[7] - Operating cash inflow for Q1 2015 was CNY 18,975,022.21, a decrease of 53.3% compared to CNY 40,673,575.46 in the previous period[44] - Net cash flow from operating activities was -CNY 99,949,111.53, worsening from -CNY 83,784,001.89 year-over-year[44] - Cash flow from sales of goods and services was CNY 16,784,887.64, significantly lower than CNY 40,598,575.23 in the previous period, a decrease of 58.7%[44] - Cash received from financing activities was CNY 29,313,576.17, a decrease of 76.7% compared to CNY 125,638,109.58 in the previous period[45] - The net increase in cash and cash equivalents was -CNY 87,391,836.95, worsening from -CNY 51,788,857.33 year-over-year[45] Assets and Liabilities - Total assets decreased by 7.12% to CNY 610,256,615.60 compared to the end of the previous year[7] - Total current assets decreased to CNY 373,552,331.08 from CNY 424,295,416.18, a decline of approximately 12%[33] - Total liabilities decreased to CNY 327,350,058.62 from CNY 369,967,819.08, representing a reduction of about 11.5%[30] - The total equity attributable to shareholders decreased to CNY 282,906,556.98 from CNY 287,095,903.80, a decline of approximately 1.4%[30] - Current assets decreased to CNY 373,552,331.08 from CNY 424,295,416.18, a decline of approximately 12%[33] Investments and Shareholder Information - The company received government subsidies amounting to CNY 2,189,000, a significant increase of 2819.04% compared to the previous year[13] - The company has committed to a 36-month lock-up period for major shareholders' shares post-IPO[15] - The controlling shareholder, Energas Ltd., is restricted to reducing its shareholding by no more than 25% of its total shares within a two-year lock-up period[16] - The company’s major shareholders include Dalian Paisi Investment Co., Ltd. holding 65.89% of shares[9] Inventory and Receivables - Accounts receivable increased to ¥214,043,073.49 from ¥179,000,669.89, indicating a rise of about 19.4%[28] - The company’s inventory rose to ¥95,766,199.48 from ¥92,721,354.55, reflecting an increase of approximately 3.7%[28] - Inventory increased to CNY 95,766,199.48 from CNY 92,721,354.55, reflecting a growth of about 3.3%[33] Operating Costs and Expenses - Total operating costs for Q1 2015 amounted to CNY 47,824,101.88, up from CNY 45,873,032.41, reflecting a year-over-year increase of 4.3%[35] - The total operating expenses for Q1 2015 were CNY 46,948,912.84, compared to CNY 47,368,000.00 in the previous year, indicating a slight decrease of 0.9%[39] - The company incurred sales expenses of CNY 1,484,525.26, a decrease of 27% from CNY 2,033,751.74 in the previous year[39] Other Financial Metrics - The weighted average return on net assets improved by 0.38 percentage points to -1.49%[7] - The financial expenses for Q1 2015 were CNY 2,958,448.91, slightly increasing from CNY 2,950,463.08 in the previous year[39] - The investment income for Q1 2015 was CNY 47,424.86, recovering from a loss of CNY -187,118.12 in the same period last year[39] - The asset impairment loss for Q1 2015 was CNY 2,088,713.44, significantly higher than CNY 672,368.70 in the previous year, indicating an increase of 210.5%[39] - Cash paid for purchasing goods and services was CNY 103,758,914.09, slightly down from CNY 107,713,772.31, a decrease of 3.7%[44] Cash and Cash Equivalents - Cash and cash equivalents decreased by 87.77% to CNY 13,238,000 compared to the end of the previous year[10] - The company's cash and cash equivalents decreased significantly to CNY 10,643,994.63 from CNY 106,620,187.53, a drop of about 90%[32] - Total cash and cash equivalents at the end of Q1 2015 were CNY 8,594,663.72, down from CNY 23,928,986.75 in the previous period, reflecting a decline of 64.0%[45] - The company reported a significant decrease in cash and cash equivalents, with a balance of ¥13,238,021.59 as of March 31, 2015, down from ¥108,236,132.05 at the beginning of the year, representing a decline of approximately 87.8%[28]