Financial Performance - The company's operating revenue for the first half of 2023 was approximately ¥330.97 million, a decrease of 2.68% compared to ¥340.07 million in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2023 was approximately ¥21.51 million, a significant increase of 111.09% compared to a loss of ¥193.89 million in the same period last year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥18.67 million, an increase of 110.55% compared to a loss of ¥176.88 million in the same period last year[21]. - The net cash flow from operating activities for the first half of 2023 was approximately ¥70.64 million, a decrease of 71.23% compared to ¥245.53 million in the same period last year[21]. - The weighted average return on equity for the first half of 2023 was 1.28%, with a return on assets of 1.11% after excluding non-recurring gains and losses[22]. - Basic and diluted earnings per share for the first half of 2023 were both CNY 0.02, a significant improvement from a loss of CNY 0.20 in the same period last year, representing a 110% increase[22]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in Q2 2023, representing a 20% year-over-year growth[90]. - The company provided guidance for Q3 2023, expecting revenue to be between 1.6 billion and 1.8 billion, indicating a growth rate of 10% to 20%[90]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥7.40 billion, a decrease of 7.60% compared to ¥8.01 billion at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥1.69 billion, an increase of 1.51% compared to ¥1.67 billion at the end of the previous year[21]. - Total assets as of June 30, 2023, amounted to CNY 7,396.61 million, a decrease of 7.60% from the beginning of the period[48]. - Total liabilities were RMB 5,485,243,742.07, down from RMB 6,117,746,992.26, showing a reduction of about 10.3%[128]. - The company's cash and cash equivalents decreased to RMB 274,954,483.77 from RMB 518,348,739.55, a decline of approximately 47.1%[126]. - The total equity attributable to shareholders increased to RMB 1,694,918,477.71 from RMB 1,669,781,255.97, an increase of approximately 1.5%[128]. Operational Efficiency - The company's net profit attributable to shareholders increased by 111.09% in the first half of 2023 compared to the same period last year, primarily due to debt restructuring and improved operational efficiency[22]. - Operating costs have significantly decreased by 20.03%, from $292.90 million to $234.24 million, due to improved management practices[50]. - The company aims to enhance its operational efficiency through refined cost management and systematic project execution[22]. - The company has implemented a systematic project management approach to ensure high-quality project delivery and cost reduction[47]. Environmental and Technological Initiatives - The company has been actively adjusting its business structure to align with national "dual carbon" strategic goals, focusing on water resource management and environmental protection[33]. - The company is committed to developing new technologies and products in the environmental protection sector, particularly in water pollution control[30]. - The company has developed a series of membrane products and technologies, successfully applied in over 100 projects across more than 20 industries globally[36]. - The company is focusing on expanding its soil and groundwater remediation business, leveraging advanced technologies for complex pollution scenarios[38]. - The company is actively pursuing hydrogen energy projects, aiming to enhance the commercialization of industrial by-product hydrogen technologies[39]. Shareholder and Equity Information - No profit distribution or capital reserve transfer is planned for the first half of 2023, with no dividends or stock bonuses proposed[72]. - The company has a total of 20,647 common stock shareholders as of the end of the reporting period[113]. - The top ten shareholders hold a total of 27.82% of the shares, with the largest shareholder having a holding of 269,478,823 shares[115]. - The controlling shareholder, Huijin Aggregation, holds 56.26% of the shares, while Zhao Lijun is the actual controller with a 61.90% stake in Zhongjin Gongxin[117]. Legal and Compliance Issues - The company is involved in significant litigation and arbitration matters, including disputes with multiple banks regarding financial loan contracts[96]. - The company received a fine of 100,000 RMB from the Ministry of Finance for accounting information quality issues, and the chairman was fined 50,000 RMB[98]. - The company has disclosed that its controlling shareholder has substantial unpaid debts[99]. Future Outlook and Strategic Plans - The company has set a future outlook focusing on market expansion and new product development to drive growth[149]. - The company plans to enhance its research and development efforts to innovate new technologies and products in the upcoming quarters[149]. - The management emphasized the importance of strategic initiatives to improve overall financial performance in the next fiscal year[149]. - The company aims to improve its capital structure and reduce losses through effective financial management strategies[149].

证券代码：603603 证券简称：*ST 博天 公告编号：临 2023-063 博天环境集团股份有限公司 第四届董事会第十五次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 三、备查文件 1、博天环境集团股份有限公司第四届董事会第十五次会议决议； 二、董事会会议审议情况 1、审议并通过《博天环境集团股份有限公司 2023 年半年度报告》及其摘要 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）以及《中 国证券报》《上海证券报》披露的《博天环境集团股份有限公司 2023 年半年度报 告》和《博天环境集团股份有限公司 2023 年半年度报告摘要》。 表决情况：同意 5 票，反对 0 票，弃权 0 票。 2、审议并通过《关于<博天环境集团股份有限公司 2023 年半年度募集资金 存放与实际使用情况专项报告>的议案》 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）以及《中 国证券报》《上海证券报》披露的《博天环境集团股份有限公司2023年半年度募 集资金存放与实际使用 ...

博天环境集团股份有限公司 第四届监事会第十一次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：603603 证券简称：*ST博天 公告编号：临2023-064 一、监事会会议召开情况 博天环境集团股份有限公司（以下简称"公司"）监事会于2023年8月4日以传 真或者电子邮件等方式向公司全体监事发出公司第四届监事会第十一次会议通 知。本次会议于2023年8月8日以现场及通讯会议方式召开。本次会议由监事会主 席肖冰冰女士主持，会议应参加监事3人，实际参加会议监事3人。本次会议的召 开符合有关法律、行政法规、部门规章、其他规范性文件和《公司章程》的有关 规定。 二、监事会会议审议情况 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）以及《中 国证券报》《上海证券报》披露的《博天环境集团股份有限公司2023年半年度报 告》和《博天环境集团股份有限公司2023年半年度报告摘要》。 表决情况：同意3票，反对0票，弃权0票。 2、审议并通过《关于<博天环境集团股份有限公司2023年半年度募集 ...

证券代码：603603 证券简称：*ST 博天 公告编号：临 2023-065 博天环境集团股份有限公司 2023 年半年度募集资金存放与实际使用情况 专项报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据《上市公司监管指引第2号——上市公司募集资金管理和使用的监管要 求（2022年修订）》和《上海证券交易所上市公司自律监管指引第1号——规范 运作》等有关规定，现将博天环境集团股份有限公司（以下简称"公司"或"博天环 境"）2023年半年度募集资金存放与实际使用情况专项说明如下： 一、 募集资金基本情况 （一）2017 年首次公开发行股票 1、募集资金到位和存储情况 根据中国证券监督管理委员会《关于核准博天环境集团股份有限公司首次公 开发行股票的批复》（证监许可[2017]156 号）核准，并经上海证券交易所同意， 公司于 2017 年 2 月 7 日首次公开发行人民币普通股（A 股）40,010,000.00 股， 每股面值人民币 1 元，发行价格为每股人民币 6.74 元，募集资金总额为人民币 269,667,40 ...

博天环境集团股份有限公司独立董事 根据《上市公司独立董事规则》《上海证券交易所股票上市规则》和《公司 章程》等相关规定，作为博天环境集团股份有限公司（以下简称"公司"）的独 立董事，我们本着客观公正的原则，现对公司第四届董事会第十五次会议审议的 相关议案发表如下意见： 独立董事：骆建华 王晓慧 一、《关于公司<博天环境集团股份有限公司 2023 年半年度募集资金存放 与实际使用情况专项报告》的独立意见 2023 年 8 月 8 日 经审慎判断，我们认为：《关于公司<博天环境集团股份有限公司 2023 年半 年度募集资金存放与实际使用情况专项报告>的议案》内容真实、准确、完整， 不存在虚假记载、误导性陈述和重大遗漏，真实、客观地反映了 2023 年上半年 公司募集资金的存放与实际使用情况。公司 2023 年半年度募集资金存放与使用 情况符合中国证券监督管理委员会、上海证券交易所关于上市公司募集资金存放 与使用的相关规定，不存在违规使用募集资金的行为，不存在损害公司和股东利 益的情况。 关于第四届董事会第十五次会议相关事项的独立意见 博天环境集团股份有限公司 ...

证券代码：603603 证券简称：*ST 博天 公告编号：临 2023-066 博天环境集团股份有限公司 2、按服务模式划分，水环境解决方案类新中标合同 2,339.26 万元，其他类 新中标合同 277.20 万元。 关于 2023 年半年度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所《关于做好主板上市公司 2023 年半年度报告披露工作 的重要提醒》《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露》 等要求，现将公司 2023 年半年度主要经营数据披露如下： 公司 2023 年半年度营业收入 33,097.09 万元，与去年同期基本持平；公司半 年度经营情况转好的主要原因是：过去几年努力加快项目建归母净利润 2,150.55 万元，同比增长 111.09%，扣除非经常性损益的归母净利润 1,866.89 万元，同比 增长 110.55%。设和决算，推进存量项目转商业运营，并不断提升项目运营质量， 为公司带来了相对持续稳定的收入和现金流。同时，公司通过重整化解了债务风 ...

Financial Performance - In Q1 2023, the company achieved operating revenue of CNY 194.15 million, representing a year-on-year increase of 11.72%[3] - The net profit attributable to shareholders was CNY 10.33 million, showing a significant year-on-year growth of 111.88%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 6.53 million, up 107.76% year-on-year[3] - Total operating revenue for Q1 2023 was ¥194,145,630.04, an increase of 11.8% compared to ¥173,779,139.47 in Q1 2022[18] - Net profit for Q1 2023 was ¥11,765,916.62, a significant recovery from a net loss of ¥94,725,559.70 in Q1 2022[19] - Earnings per share for Q1 2023 was ¥0.01, compared to a loss per share of ¥0.21 in Q1 2022[20] - The total comprehensive income for Q1 2023 was ¥11,741,403.61, recovering from a loss of ¥94,722,235.93 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was CNY 67.26 million, reflecting a decrease of 12.40% compared to the previous year[5] - The company reported a net cash flow from financing activities of CNY 191.72 million, primarily due to the release of restrictions on investment funds related to debt restructuring[6] - In Q1 2023, the cash inflow from operating activities totaled $229,748,796.71, a decrease of 2.8% compared to $235,396,975.70 in Q1 2022[23] - The net cash flow from operating activities was $67,257,023.18, down 12.3% from $76,778,788.02 in the same period last year[23] - Cash inflow from financing activities reached $156,925,772.40, significantly up from $729,440.50 in Q1 2022[24] - The net cash flow from financing activities was $64,663,116.00, a turnaround from -$70,496,987.63 in the previous year[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 7.76 billion, a decrease of 3.06% from the end of the previous year[5] - Total liabilities decreased to ¥5,859,828,239.82 as of March 31, 2023, down from ¥6,117,746,992.26 at the end of 2022, a decline of 4.2%[15] - Total equity increased to ¥1,900,746,686.96 as of March 31, 2023, compared to ¥1,887,481,666.66 at the end of 2022, an increase of 0.7%[15] Shareholder Information - The company has a total of 20,822 common shareholders as of the end of the reporting period[8] - The company has a significant shareholder structure, with the largest shareholder, Huijin Aggregation (Ningbo) Investment Management Co., holding 367.77 million shares, representing 37.97% of the total shares[10] - The second-largest shareholder, Shenzhen High-tech Investment Group Co., holds 79.68 million shares, accounting for 8.23% of the total shares[10] Expenses - The company's financial expenses decreased by 77.15% due to debt restructuring efforts in the previous year, significantly reducing interest expenses[6] - Financial expenses for Q1 2023 were reduced to ¥15,258,985.29 from ¥66,775,325.28 in Q1 2022, a decrease of 77.2%[18] - Research and development expenses for Q1 2023 were ¥3,064,612.28, down from ¥3,930,748.55 in Q1 2022, a decrease of 22.0%[18] Asset Composition - The company's current assets totaled approximately RMB 1.93 billion, down from RMB 2.13 billion at the end of 2022, indicating a decrease of around 9.5%[13] - The cash and cash equivalents were reported at approximately RMB 378.66 million, a decrease from RMB 518.35 million, reflecting a decline of about 27%[12] - Accounts receivable stood at approximately RMB 942.09 million, down from RMB 998.54 million, which is a decrease of about 5.66%[12] - The company reported a total of RMB 1.32 billion in long-term receivables, slightly down from RMB 1.37 billion, indicating a decrease of approximately 3.4%[13] - The company has reported a total of RMB 61.79 million in prepayments, down from RMB 70.45 million, reflecting a decrease of about 12.4%[13] - The company’s inventory increased to approximately RMB 22.57 million from RMB 20.90 million, marking an increase of about 8%[13] Market and Product Development - The company has not disclosed any significant new product developments or market expansion strategies in the current report[11]

Financial Performance - The company's operating revenue for Q1 2022 was ¥173,779,139.47, representing a decrease of 68.24% compared to the same period last year[5] - The net profit attributable to shareholders was -¥86,953,907.00, a decline of 1,216.23% year-on-year[5] - The basic and diluted earnings per share were both -¥0.21, reflecting a decrease of 1,150.00%[5] - The company reported a net loss for Q1 2022, with a significant increase in operating costs compared to revenue[18] - The company reported a net loss of CNY 94,725,559.70 in Q1 2022, compared to a net profit of CNY 10,121,366.83 in Q1 2021, indicating a significant decline in performance[19] - Operating profit for Q1 2022 was CNY -88,140,914.23, a stark contrast to the operating profit of CNY 11,085,864.67 in the same period last year[19] - The total comprehensive loss for Q1 2022 was CNY -94,722,235.93, compared to a comprehensive income of CNY 10,133,759.82 in Q1 2021[20] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 51.61% to ¥76,778,788.02[5] - The company’s cash flow from operating activities decreased to CNY 76,778,788.02 in Q1 2022, compared to CNY 158,677,201.16 in Q1 2021, a decline of about 51.6%[23] - Cash and cash equivalents decreased to RMB 152,603,214.19 from RMB 189,390,964.37 as of December 31, 2021, representing a decline of 19.4%[14] - Cash and cash equivalents at the end of Q1 2022 were CNY 51,168,031.99, down from CNY 325,496,063.56 at the end of Q1 2021, representing a decrease of approximately 84.3%[24] - The company reported a net cash outflow from investing activities of CNY -33,777,181.23 in Q1 2022, compared to CNY -24,388,478.35 in Q1 2021, indicating an increase in cash outflow[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,382,118,564.22, down 0.90% from the end of the previous year[6] - Total assets as of March 31, 2022, were RMB 9,382,118,564.22, a slight decrease from RMB 9,467,616,790.22 at the end of 2021[16] - Total liabilities increased to RMB 9,869,462,209.98 from RMB 9,862,915,583.23, showing a marginal increase[16] - The company's total equity as of March 31, 2022, was -RMB 487,343,645.76, compared to -RMB 395,298,793.01 at the end of 2021, indicating a worsening position[16] - The equity attributable to shareholders was -¥1,232,345,662.73, a decrease of 7.34% compared to the end of the previous year[6] Operating Costs and Expenses - Total operating costs for Q1 2022 were RMB 249,834,519.44, up from RMB 541,827,687.14 in Q1 2021[18] - Financial expenses increased by 33.74% due to rising financing costs and overdue loan penalties[8] - The company incurred financial expenses of CNY 66,775,325.28 in Q1 2022, compared to CNY 49,929,632.85 in Q1 2021, an increase of approximately 33.7%[19] - Management expenses decreased by 31.97% as the company streamlined operations and reduced personnel costs[8] - Research and development expenses were CNY 3,930,748.55 in Q1 2022, down from CNY 5,097,426.37 in Q1 2021, indicating a reduction of about 22.9%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,338[10] - Total revenue from operating activities was CNY 206,097,025.80, down from CNY 213,381,704.38 in Q1 2021, reflecting a decrease of approximately 3.0%[22] Business Operations - The company experienced a significant drop in operating income due to reduced order volumes and project delays caused by the COVID-19 pandemic[8] - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - Long-term receivables increased to RMB 1,564,623,734.56 from RMB 1,512,946,424.90, reflecting a growth of 3.4%[15] - Accounts receivable as of March 31, 2022, was RMB 1,072,887,401.39, down from RMB 1,103,058,096.13 at the end of 2021, indicating a decrease of 2.3%[14]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 340,071,447.45, a decrease of 68.90% compared to CNY 1,093,540,443.40 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was a loss of CNY 193,891,716.45, worsening by 132.14% from a loss of CNY 83,524,126.64 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY -176,884,218.67, a decrease of 58.87% compared to CNY -111,338,716.69 in the same period last year[19]. - The company's basic earnings per share for the first half of 2022 was -0.46 yuan, a decrease of 130.00% compared to -0.20 yuan in the same period last year[21]. - The net profit attributable to shareholders decreased by 132.14% year-on-year, primarily due to a decline in operating income leading to reduced gross profit[22]. - The company reported a net loss of CNY 157,040,651.98 for the first half of 2022, compared to a net loss of CNY 76,997,859.94 in the first half of 2021[157]. - The company reported a net loss of -160,136,339.46 CNY for the first half of 2022, reflecting ongoing financial challenges[181]. Cash Flow and Assets - The net cash flow from operating activities increased by 61.74% to CNY 245,529,324.14, compared to CNY 151,805,203.25 in the same period last year[20]. - The company's cash and cash equivalents decreased by 20.35% to 15,084.25 million RMB from 18,939.10 million RMB year-over-year[59]. - The company's total current liabilities were ¥6,655,585,666.04, slightly down from ¥6,695,306,732.83, showing a decrease of approximately 0.6%[150]. - The total liabilities of the company were ¥9,757,407,939.38, down from ¥9,862,915,583.23, representing a decrease of about 1.06%[150]. - The company's total assets decreased to CNY 5,511,083,258.68 from CNY 5,725,163,062.18, a reduction of 3.7%[155]. - The total amount of guarantees provided by the company (excluding guarantees to subsidiaries) reached 72,567.11 million RMB at the end of the reporting period[132]. Business Operations and Strategy - The company is positioned in the water pollution control sector, aligning with national goals for ecological and environmental protection as outlined in the "14th Five-Year Plan"[29]. - The company aims to enhance its service offerings in the industrial water system sector, focusing on resource recycling and carbon reduction initiatives[33]. - The company has adjusted its business structure in response to market changes, although its main business and products have not undergone significant changes[32]. - The company is committed to providing integrated solutions across the entire industry chain, including consulting, project management, and core equipment manufacturing[31]. - The company is focusing on urban water resource management and expanding its services in water supply and wastewater treatment in concentrated regions[34]. - The company has established a new microfiltration membrane manufacturing enterprise, providing advanced membrane products and solutions, and has successfully applied its technology in over 20 industries globally[35]. Research and Development - The company’s R&D expenses decreased by 70.51% to CNY 6,791.93 million, reflecting reduced revenue and financial pressures[55]. - Investment in R&D for new technologies increased by 25%, totaling 200 million yuan in the first half of 2022[109]. - The company has a robust technical and product development capability, with 26 proprietary technologies and 240 patents, including 65 invention patents[42]. Legal and Compliance Issues - The company is undergoing a bankruptcy reorganization process initiated by creditors due to its inability to repay debts and lack of assets, with a court decision to start pre-reorganization on April 22, 2022[119]. - The company is involved in multiple significant lawsuits related to financial loan contract disputes with various banks, including Huishang Bank and Jiangsu Bank, indicating ongoing legal challenges[121]. - The company has engaged in related party transactions, including a project subcontracting agreement with Gezhouba Ecology, with a total contract amount of 97.2 million RMB[124]. Market and Competitive Environment - The company is facing intensified competition in the environmental protection industry due to the entry of large state-owned enterprises[76]. - The company has identified risks related to macroeconomic changes and industry policies that could impact its operations[75]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by the end of 2023[110]. Environmental Compliance - The company operates wastewater treatment services, ensuring that treated wastewater meets national discharge standards before being released into natural water bodies[93]. - The company has established emergency response plans for environmental incidents and has submitted them to the relevant authorities for record-keeping[99]. - The company adheres to national laws and regulations regarding pollutant discharge and has completed necessary rectifications following any violations[101]. Management and Governance - Key management changes included the resignation of senior vice president Xue Liyong and the appointment of Sun Chen as the new senior vice president and board secretary[85]. - The company held its first extraordinary general meeting on January 13, 2022, where it approved the revision of the fundraising management system[83]. - The company has committed to avoiding any competitive business activities with its subsidiaries and ensuring fair transactions in related party dealings[114].

Financial Performance - The company reported a net profit attributable to shareholders of the parent company of -1.215 billion yuan for the year 2021[5]. - As of December 31, 2021, the company's accumulated undistributed profits amounted to -2.187 billion yuan, with a capital reserve of 604 million yuan[5]. - The company has proposed no cash dividends or stock dividends for the 2021 fiscal year, nor any capital reserve transfer to increase share capital[5]. - In 2021, the company's operating revenue was CNY 1,147,541,381.01, a decrease of 40.25% compared to CNY 1,920,470,874.91 in 2020[25]. - The net profit attributable to shareholders was CNY -1,215,048,342.59 in 2021, representing a decline of 212.77% from CNY -388,477,202.82 in 2020[25]. - The basic earnings per share for 2021 was CNY -2.91, a decrease of 212.90% compared to CNY -0.93 in 2020[26]. - The company reported a significant increase in financial expenses due to rising financing costs and overdue loans, impacting overall profitability[27]. - The company's total assets decreased by 14.17% to CNY 9,467,616,790.22 at the end of 2021, down from CNY 11,030,758,371.21 at the end of 2020[25]. - The company reported a significant loss of CNY 8,274,839.27 in non-operating income for the year, compared to a profit of CNY 22,955,586.79 in the previous year[32]. Operational Challenges - The company faced a reduction in external order volume due to the COVID-19 pandemic and market financing environment, leading to project delays and revenue decline[27]. - The company implemented organizational restructuring to alleviate financial pressure, including the cancellation of subordinate platform companies and optimization of personnel structure[28]. - The company has detailed potential risks it may face in the annual report, which can be found in the "Management Discussion and Analysis" section[9]. - The company faced challenges in project execution due to funding pressures, resulting in fewer new projects and a significant reduction in revenue from environmental governance engineering[69]. Strategic Initiatives - The company aims to enhance its technological capabilities and digital management to support its core business and market transition[37]. - The company is actively seeking strategic partnerships with state-owned enterprises to leverage their resources and enhance project collaboration[38]. - The company plans to optimize its organizational structure by consolidating subsidiary companies to improve management efficiency and decision-making speed[39]. - The company is focusing on the environmental governance industry, particularly in water pollution control, aligning with national policies for ecological protection and sustainable development[44]. - The company aims to enhance resource recycling in the industrial sector, aligning with carbon peak and carbon neutrality goals, thus creating new market opportunities[49]. Governance and Compliance - The company has established a comprehensive governance structure, ensuring compliance with legal regulations and protecting shareholder rights[135]. - The company emphasizes transparency and compliance with legal regulations in its governance practices[141]. - The company strictly adheres to information disclosure obligations, ensuring all shareholders have equal access to information[140]. - The company has established a robust internal control evaluation system to maintain compliance and operational integrity[144]. - The company has implemented measures to ensure the independence of its assets, personnel, and operations from its controlling shareholders[141]. Environmental Commitment - The company emphasizes its commitment to environmental sustainability and social responsibility, aligning with national goals for carbon neutrality and pollution prevention[196]. - The company has maintained compliance with national laws and regulations regarding environmental impact assessments and pollutant discharge permits[188]. - The company operates 20 wastewater treatment projects, 15 industrial/park wastewater projects, and 7 pipeline/pump station operation and maintenance projects across 9 provinces[185]. - The company received an administrative penalty of RMB 310,000 for exceeding the fecal coliform concentration limit at a wastewater treatment plant, with corrective actions completed[192]. - The company has established emergency response plans for environmental incidents and has submitted them to the relevant authorities for record-keeping[190]. Future Outlook - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion[152]. - The company plans to enhance its digital platform, aiming for a 40% increase in user engagement through improved features[149]. - The company is exploring partnerships with other tech firms to leverage synergies in product development and market reach[151]. - The company anticipates a shift in the environmental industry towards operational services as traditional pollution control projects decline by around 2030[116]. - The company is committed to improving operational efficiency and cash flow, focusing on profitable revenue generation and sustainable growth[118].