中持水务股份有限公司 独立董事意见 根据《中持水务股份有限公司章程》《中持水务股份有限公司独立董事工作 制度》相关规定,我们作为中持水务股份有限公司(以下简称"公司")独立董事, 认真审查了公司第三届董事会第二十四次会议审议的《公司 2023 年半年度募集 资金存放与实际使用情况的专项报告》,并发表独立意见如下: 一、《公司 2023年半年度募集资金存放与实际使用情况的专项报告》的独 立意见 《公司 2023 年半年度募集资金存放与实际使用情况的专项报告》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 年半年度公司募集资金存放和实际使用情况。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,不存在改变或 者变相改变募集资金投向和损害股东利益的情况。 (本页以下无正文) (此页无正文，为中持水务股份有限公司独立董事意见之签署页) 独立董事签字: 2023 年8月29日 (此页无正文，为中持水务股份有限公司独立董事意见之签署页) 独立董事签字: 周运三 周运 ...

证券代码：603903 证券简称：中持股份 公告编号：2023-036 中持水务股份有限公司 关于股东减持公司股份及致歉公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 中持水务股份有限公司（以下简称"公司"）于2023年8月22日收到股东宁波 杭州湾新区人保远望启迪科服股权投资中心（有限合伙）（以下简称"远望投资"） 发来的《关于减持中持水务股份有限公司股份的情况说明》，远望投资在其持股 比例减持至低于5%之日起的90日内，通过集中竞价方式减持了公司股份。现将 有关事项公告如下： | | | | 减持方 | 减持价 格区间 | 减持总 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 减持数 | 减持比 | 减持期间 | | | 金额 | 当前持股 | 当前持 | | 量（股） | 例 | | 式 | （元/ | （元） | 数量（股） | 股比例 | | | | | | 股） | | | | | 75,600 | 0.03% | 2023/8/18 ...

关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 证券代码：603903 证券简称：中持股份 公告编号：2023-028 会议召开时间：2023 年 5 月 31 日下午 16:00-17:00 中持水务股份有限公司 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 5 月 24 日至 5 月 30 日 16:00 前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司邮箱 investor@zchb-water.net 进行提 问。公司将在说明会上对投资者普遍关注的问题进行回答。 中持水务股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发布 《公司 2022 年年度报告》，为便于广大投资者更全面深入地了解公司 2022 年度 经营成果、财务状况，公司计划于 2023 年 5 月 31 日下午 16:00-17:00 举 ...

2023 年第一季度报告 证券代码：603903 证券简称：中持股份 中持水务股份有限公司 2023 年第一季度报告 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。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度(%) | | | --- | --- | --- | --- | | 营业收入 | 181,365,185.04 | | 6.45 | | 归属于上市公司股东的净利润 | 2,935,770.39 | | -86.11 | | 归属于上市公司股东的扣除非经常 | 1,527,299.59 | | -92.70 | | 性损益 ...

Financial Performance - The company reported a net profit of CNY 40,350,727.73 for the year 2022, with a year-end distributable profit of CNY 296,451,465.86 after accounting for statutory surplus reserves and previous profit distributions [6]. - A cash dividend of CNY 1.90 per share (including tax) will be distributed to shareholders, totaling CNY 48,510,701.20 based on a total share capital of 255,319,480 shares [6]. - In 2022, the company achieved operating revenue of CNY 1.435 billion, a decrease of 1.83% compared to 2021 [24]. - The net profit attributable to shareholders was CNY 120.30 million, down 26.73% year-on-year [24]. - The net cash flow from operating activities was CNY 5.32 million, reflecting a significant decline of 91.53% from the previous year [24]. - Basic earnings per share decreased by 39.51% to CNY 0.49 in 2022 [25]. - The weighted average return on equity dropped by 6.84 percentage points to 7.66% in 2022 [25]. - The company's gross profit margin decreased by 1.89 percentage points due to a slight decline in revenue and gross profit under the impact of macroeconomic conditions [56]. - The company reported a significant increase in long-term payables by 790.15% to 347,062,273.54, mainly due to new financing lease borrowings [78]. - The total revenue for the year reached 16,135,850, an increase from 15,805,150, representing a growth of approximately 2.08% [121]. Operational Challenges - The decline in performance was attributed to external factors affecting upstream production activities, leading to reduced output and revenue from existing projects [33]. - Delays in the commencement of new operational projects also contributed to the lower-than-expected revenue growth in 2022 [33]. - The company faced challenges with delayed payments from local governments due to fiscal pressures, resulting in a notable decrease in net cash flow from operating activities [34]. - Revenue from industrial park and industrial wastewater treatment decreased by 31.30% [59]. - The company faced delays in payments from local government clients due to their financial pressures, impacting cash flow [56]. Strategic Initiatives - The company plans to address these challenges by focusing on stabilizing existing operations and expediting the launch of new projects [33]. - The company signed a business cooperation agreement with Changjiang Environmental Group, aiming for a total investment of no less than RMB 5 billion over three years [35]. - The company is focused on localizing and professionalizing its service offerings to enhance customer experience and drive regional business growth [38]. - The company aims to enhance its technological innovation capabilities and invest more resources into R&D and incubation to support industrialization and market application of technologies [98]. - The company plans to leverage favorable policies in the Yellow River basin and the Yangtze River Economic Belt to expand its environmental business [97]. Research and Development - In 2022, the company achieved significant R&D milestones, including the successful identification of "multi-effect clarification technology" and "nano-flocculation in-situ expansion technology" in collaboration with Tsinghua University [41]. - R&D expenses increased by 12.79% as the company continued to invest in technology leadership [55]. - The company established a production-oriented R&D center in Yixing, enhancing its technical verification capabilities for wastewater treatment technologies [70]. - The Yixing R&D center was upgraded to a national engineering research center, focusing on ecological protection technologies along the Yangtze River [71]. - The proportion of R&D personnel in the company is 18.59%, with a total of 289 R&D staff [68]. Market Expansion - The company actively expanded its market presence, securing projects in various regions, including Inner Mongolia and Henan, to diversify its business operations [39]. - The company is enhancing its strategic layout in the Yangtze River Basin, establishing regional companies to capitalize on environmental protection opportunities [106]. - The company is expanding its market presence in the Yangtze River Delta region, targeting a 30% market share by 2025 [127]. - Market expansion plans include entering two new international markets by Q3 2023 [119]. - The company completed a strategic acquisition for $200 million, expected to enhance its service offerings [123]. Governance and Compliance - The company has established a robust governance structure, ensuring compliance with laws and regulations, and maintaining independence from its major shareholder [113]. - The company has a clear investor relations management system to ensure fair and timely information dissemination to all shareholders [115]. - The company has implemented a comprehensive evaluation mechanism for senior management, linking performance assessments to the execution of business plans [162]. - The company has taken corrective measures to address governance issues identified in previous audits, including the timely election of new independent directors [166]. - The company has committed to transparency and compliance with accounting regulations to ensure stakeholder trust [190]. Employee Development - The company conducted over 30 professional training sessions in 2022, significantly improving employee skills across various departments including engineering, operations, finance, and marketing [43]. - The company plans to increase investment in talent development, focusing on training new graduates and management talent to support business growth and strategic initiatives [106]. - The total number of employees in the parent company and major subsidiaries is 1,555, with 682 in the parent company and 873 in subsidiaries [149]. - The employee composition includes 1,060 production staff, 75 sales personnel, 217 technical staff, 56 financial staff, and 147 administrative staff [149]. Environmental Commitment - The company is committed to environmental risk management, implementing measures to prevent violations and ensure compliance with increasing regulatory standards [111]. - The company has initiated carbon reduction measures since 2016, focusing on sustainable water quality and energy self-sufficiency [176]. - The company aims for 50% energy self-sufficiency and nutrient recovery through its third wastewater treatment plant, operational since 2019 [176]. - The company has developed emergency response plans for environmental incidents, detailing response principles and management structures [174]. - Environmental impact assessments have been conducted and passed for all projects, ensuring compliance with environmental regulations [173]. Financial Management - The company has a cash dividend policy that emphasizes sustainable development while ensuring reasonable returns for investors [152]. - The company maintains a cash dividend policy where at least 30% of the distributable profits must be allocated as cash dividends annually [155]. - The company will distribute cash dividends amounting to 48,510,701.20 RMB, which represents 40.32% of the net profit attributable to ordinary shareholders in the consolidated financial statements [160][161]. - The company has implemented a systematic internal control system to enhance risk management and compliance across its subsidiaries [164]. - The company will ensure that any related party transactions are conducted at fair market prices to avoid conflicts of interest and protect shareholder interests [184].

2022 年第三季度报告 证券代码：603903 证券简称：中持股份 中持水务股份有限公司 2022 年第三季度报告 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期 比上年同 | | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | | 年初至报告期末 | | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 326,438,570.83 | 19.75 | 847,900,264.94 | 8. ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, with total revenue reaching 500 million RMB, representing a 15% year-over-year growth[1]. - The company's operating revenue for the first half of the year was ¥521,461,694.11, representing a 2.01% increase compared to ¥511,200,236.98 in the same period last year[20]. - Net profit attributable to shareholders decreased by 33.96% to ¥45,920,427.63 from ¥69,530,178.43 year-on-year[20]. - Basic and diluted earnings per share fell by 41.18% to ¥0.20 from ¥0.34 in the previous year[21]. - The company's total assets increased to CNY 4,022,063,864.56 as of June 30, 2022, up from CNY 3,698,804,482.87 at the beginning of the period, representing a growth of approximately 8.74%[120]. - The company's total equity at the end of the period was 841,798.70[153]. - The company reported a net loss of 14,161,262.64 CNY for the period, which is a significant decrease compared to the previous period[146]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 1 billion RMB for the full year 2022, which would require a 25% increase in the second half[1]. - The company is actively pursuing market expansion, with plans to enter three new provinces by the end of 2022, aiming for a 30% increase in market share[1]. - The company aims to strengthen its presence in mature regions while expanding into new areas, particularly along the Yangtze River Economic Belt[41]. - The company will enhance customer conversion by deepening cooperation with local governments and expanding partnerships with state-owned enterprises[42]. Research and Development - The company has allocated 50 million RMB for research and development in innovative water management solutions[1]. - Research and development expenses rose by 37.19% to ¥21.07 million, reflecting the company's commitment to technological leadership and increased investment in R&D[44]. - The company aims to become a "leading environmental technology enterprise" and has increased R&D investment and talent training to promote technological updates and market applications, achieving a positive cycle of performance growth and technological advancement[34]. Environmental and Sustainability Initiatives - The management highlighted a focus on sustainability initiatives, aiming to reduce carbon emissions by 15% by 2025[1]. - The company is focusing on urban sewage treatment, industrial wastewater treatment, and comprehensive environmental governance as part of its main business operations[26][28]. - The company has implemented measures to mitigate environmental risks associated with its operations, ensuring compliance with increasing regulatory standards[58]. Financial Management and Cash Flow - The net cash flow from operating activities decreased to -¥22.12 million, attributed to rising labor costs and payments to employees[45]. - The net cash inflow from financing activities increased by 141.59% to ¥311.05 million, mainly due to a targeted issuance of shares to raise funds[46]. - The company plans to continue focusing on high-quality development and cash flow management in the second half of 2022, emphasizing project quality and timely collection of payments[41]. - Cash and cash equivalents increased by 57.58% to 457.46 million, primarily due to funds raised from a non-public offering[48]. Operational Challenges - The company faced challenges in engineering projects due to pandemic-related delays, impacting both new project bidding and existing project progress[22]. - Operating costs increased by 10.85% to ¥351.60 million, primarily due to the growth in operational business and increased costs from water treatment projects[44]. - The company is exposed to seasonal revenue fluctuations, with most project revenues recognized in the second half of the year[58]. Corporate Governance and Compliance - The company has not reported any violations or penalties against its directors, supervisors, or senior management during the reporting period, indicating good governance[89]. - The company has committed to compensating any losses incurred by shareholders due to breaches of its commitments, ensuring accountability[87]. - The company has established measures to address any potential competition from related parties, ensuring no direct or indirect competition with its business[84]. Shareholder and Equity Information - The company issued 53,015,728 new shares to introduce Changjiang Environmental Group as a strategic investor, increasing total shares from 202,303,752 to 255,319,480[102]. - The largest shareholder, Changjiang Ecological Environmental Group, increased its holdings by 53,015,728 shares, holding a total of 63,132,978 shares, representing 24.73% of the total shares[108]. - The company has a total of 10,117,250 shares held by its directors, with no changes reported during the reporting period[112]. Accounting and Financial Reporting - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[164]. - The company applies specific accounting treatments for mergers and acquisitions, distinguishing between same-control and non-same-control mergers[168]. - The company recognizes goodwill in non-same-control mergers when the acquisition cost exceeds the fair value of identifiable net assets[172].

Financial Performance - Revenue for Q1 2022 was CNY 170,373,955.95, a decrease of 13.39% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 21,130,055.15, down 18.23% year-over-year[3] - Net profit excluding non-recurring items was CNY 20,912,283.82, reflecting a decline of 23.28% compared to the previous year[3] - Basic earnings per share decreased by 23.08% to CNY 0.10[3] - The weighted average return on equity was 1.79%, a decrease of 0.68 percentage points from the previous year[3] - Total operating revenue for Q1 2022 was ¥170,373,955.95, a decrease of 13.36% from ¥196,705,563.24 in Q1 2021[17] - Net profit for Q1 2022 was ¥22,802,819.12, a decline of 22.49% compared to ¥29,409,187.53 in Q1 2021[18] - Basic and diluted earnings per share for Q1 2022 were both ¥0.10, down from ¥0.13 in Q1 2021[20] Assets and Equity - Total assets increased by 6.21% to CNY 3,928,455,711.58 compared to the end of the previous year[7] - Total assets as of the end of Q1 2022 were ¥3,928,455,711.58, compared to ¥3,698,804,482.87 at the end of Q1 2021[14] - Shareholders' equity attributable to shareholders rose by 42.25% to CNY 1,666,694,575.89[7] - Total equity increased to ¥1,811,812,777.11 in Q1 2022, up from ¥1,315,100,716.09 in Q1 2021[14] Cash Flow - Cash flow from operating activities was negative at CNY -102,965,928.69, indicating a significant cash outflow[3] - In Q1 2022, the cash inflow from operating activities was approximately $274.02 million, a decrease of 9.2% compared to $301.86 million in Q1 2021[21] - The net cash outflow from operating activities was $102.97 million, worsening from a net outflow of $63.33 million in the same period last year[21] - The cash inflow from financing activities was $572.21 million, significantly increasing from $278.16 million in Q1 2021, representing a growth of 105.6%[22] - The net cash flow from investing activities was negative at $33.11 million, an improvement from a net outflow of $106.82 million in Q1 2021[22] - The total cash and cash equivalents at the end of Q1 2022 stood at $487.59 million, up from $158.97 million at the end of Q1 2021, indicating a substantial increase[22] Expenses - Total operating costs for Q1 2022 were ¥161,251,931.17, down 6.67% from ¥173,062,563.72 in Q1 2021[17] - Research and development expenses increased to ¥9,558,802.33 in Q1 2022, up 74.59% from ¥5,491,979.72 in Q1 2021[17] - The cash paid for purchasing fixed assets and other long-term assets was $25.48 million, a decrease from $109.57 million in Q1 2021[22] - The company paid $111.05 million in debt repayment, slightly increasing from $109.85 million in the same quarter last year[22] Other Financial Information - The company reported non-recurring gains of CNY 217,771.33 after tax, primarily from asset disposals and government subsidies[5] - The total number of ordinary shareholders at the end of the reporting period was 14,086[6] - Long-term borrowings were ¥705,574,667.63 in Q1 2022, slightly down from ¥708,009,487.92 in Q1 2021[14] - The company received $479.19 million from investment activities, a notable increase compared to $2.75 million in the previous year[22] - The cash inflow from other financing activities amounted to $48.25 million, contributing to the overall increase in financing cash flow[22] - The company reported a negative impact of $16.39 thousand from exchange rate fluctuations on cash and cash equivalents[22]

Financial Performance - The net profit attributable to the parent company for 2021 was CNY 164,194,271.87, with the parent company achieving a net profit of CNY 60,962,191.50[6] - The company's operating revenue for 2021 was approximately ¥1.46 billion, a decrease of 10.02% compared to ¥1.62 billion in 2020[26] - Net profit attributable to shareholders increased by 19.30% to approximately ¥164.19 million in 2021 from ¥137.63 million in 2020[26] - The basic earnings per share rose to ¥0.81 in 2021, reflecting a 19.12% increase from ¥0.68 in 2020[27] - Cash flow from operating activities significantly decreased by 80.33% to approximately ¥62.79 million in 2021, down from ¥319.17 million in 2020[26] - The company's operating costs decreased by 17.92% to 958 million RMB, mainly due to the corresponding reduction in costs following the decline in operating revenue[50] - The net cash flow from operating activities was 63 million RMB, a significant decrease of 80.33% compared to the previous year, primarily due to delayed payments from local governments and prolonged approval processes[51] - The gross margin for the year was reported at 35%, a slight increase from 33% in the previous year[119] Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 1.93 per 10 shares, totaling CNY 49,276,659.64 to all shareholders[6] - The company has reported a distributable profit of CNY 54,865,972.35 after allocating 10% of the parent company's net profit to statutory surplus reserves[6] - The company has a cash dividend policy that emphasizes stable and sustainable profit distribution, prioritizing cash dividends while considering operational needs[144] - The company plans to distribute cash dividends if it achieves profits after covering losses and allocating statutory reserves, with a minimum cash distribution of 10% of distributable profits[147] Risk Management - There are no significant risks that could materially affect the company's operations during the reporting period[11] - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[8] - The company has outlined potential risks in its future development discussions, which investors should be aware of[11] - The company emphasizes environmental risk assessment and has implemented practical accident prevention measures to enhance emergency response capabilities[101] Strategic Initiatives - The company is actively pursuing a strategic shift towards the Yangtze River Economic Belt, aiming to leverage opportunities in environmental protection and resource utilization[34] - The company has initiated a mixed-ownership reform with the Yangtze Environmental Protection Group, which has become the largest shareholder, marking a significant opportunity for growth[34] - The company aims to enhance its position as a leading environmental technology enterprise by focusing on three major technology systems and expanding into new regional markets[34] - The company is actively responding to national policies promoting ecological civilization and resource utilization, aligning its strategies with the "carbon peak and carbon neutrality" goals[42] Research and Development - The company maintained strong innovation capabilities, focusing on three major technology systems related to water treatment and environmental management[46] - The total R&D expenditure was CNY 49.99 million, which is 3.42% of operating revenue, reflecting a decrease from the previous year[63] - The company has established a joint research center with Tsinghua University focusing on environmental infrastructure, indicating a commitment to innovation and technology development[66] - The company applied for 36 new patents in 2021, including 7 invention patents, and received 39 patent grants, including 8 invention patents[67] Market Presence and Expansion - The company has established subsidiaries in Jiangsu, Zhejiang, and Hubei to expand its market presence in the Yangtze River Basin, aiming for a total investment of no less than 5 billion yuan in cooperation projects with the Yangtze Environmental Protection Group[35] - The company is exploring international markets for expansion, particularly in Europe and North America[115] - The company plans to expand its market presence while leveraging proprietary technologies to enhance profitability in the environmental sector[56] - The company is actively involved in various environmental services, including urban sewage treatment and industrial wastewater management, with a strong reputation in sectors like automotive and chemical industries[45] Governance and Management - The board of directors and supervisory board members have all attended the board meeting, ensuring the report's authenticity and completeness[4] - The company has established a comprehensive internal control system to enhance management effectiveness and risk prevention, focusing on financial data analysis and fund usage supervision[154] - The company has completed the election of a new board of directors in March 2021, addressing previous governance issues related to independent directors[157] - The company is committed to improving communication with independent directors to ensure better oversight and understanding of daily operations[156] Financial Health and Assets - Total assets increased by 17.62% to approximately ¥3.70 billion at the end of 2021, compared to ¥3.14 billion at the end of 2020[26] - Cash and cash equivalents increased to $290.31 million, representing 7.85% of total assets, up 24.71% from the previous period[71] - Accounts receivable rose to $651.94 million, accounting for 17.63% of total assets, a 49.21% increase compared to the last period[71] - The company reported a significant increase in net assets and share capital following the completion of its initial public offering, although short-term indicators like earnings per share may experience a decline due to the implementation cycle of fundraising projects[174] Compliance and Audit - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[5] - The company has confirmed that there are no major accounting errors that require correction[189] - The company is committed to complying with the latest accounting standards as issued by the Ministry of Finance, ensuring transparency and accuracy in financial reporting[186] - The company appointed Lixin Certified Public Accountants (Special General Partnership) as the auditor for the 2021 fiscal year, with an audit fee of RMB 1.855 million and an audit tenure of 9 years[190]

Financial Performance - The company's operating revenue for Q3 2021 was ¥272,593,789.84, a decrease of 27.85% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥25,409,317.98, an increase of 8.98% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥24,429,485.23, up 35.26% compared to the same period last year[3] - Net profit for the third quarter of 2021 was CNY 106,051,707.77, an increase of 6.5% compared to CNY 99,578,208.42 in the same quarter of 2020[17] - The net profit attributable to the parent company for Q3 2021 was ¥94,939,496.41, an increase from ¥80,706,959.51 in Q3 2020, representing a growth of approximately 17.8%[18] - The total comprehensive income for Q3 2021 reached ¥106,051,707.77, compared to ¥99,578,208.42 in Q3 2020, indicating an increase of about 6.5%[18] - The basic earnings per share for Q3 2021 was ¥0.47, up from ¥0.40 in Q3 2020, reflecting a growth of 17.5%[18] - The net profit attributable to shareholders for the year-to-date period was ¥94,939,496.41, an increase of 17.63% compared to the same period last year[3] Assets and Liabilities - The total assets as of the end of Q3 2021 amounted to ¥3,570,163,610.59, reflecting a 13.53% increase from the end of the previous year[4] - The company's total assets as of September 30, 2021, amounted to CNY 3,570,163,610.59, up from CNY 3,144,630,449.72 at the end of 2020, representing a growth of 13.6%[15] - Current assets totaled CNY 1,502,756,130.77 as of September 30, 2021, compared to CNY 1,235,982,405.02 at the end of 2020, indicating an increase of 21.6%[14] - The total liabilities as of September 30, 2021, were CNY 2,371,153,183.78, compared to CNY 1,980,691,068.04 at the end of 2020, representing an increase of 19.7%[15] - Total liabilities stood at approximately $1.981 billion, with a minor increase of $11.15 million from the previous period[24] Cash Flow - The net cash flow from operating activities for Q3 2021 was -¥30,379,359.69, a decline of 119.92% year-on-year[4] - The net cash flow from operating activities for the first three quarters of 2021 was -¥30,379,359.69, a significant decline from ¥152,502,424.54 in the same period of 2020[19] - Cash inflow from operating activities totaled ¥814,929,859.33 in the first three quarters of 2021, down from ¥1,056,521,659.04 in the previous year, a decrease of approximately 22.9%[19] - The net cash flow from investing activities for the first three quarters of 2021 was -¥235,778,732.79, compared to -¥226,113,705.98 in the same period of 2020[20] - The net cash flow from financing activities for the first three quarters of 2021 was ¥486,063,547.30, a turnaround from -¥188,079,852.49 in the same period of 2020[20] - The total cash and cash equivalents at the end of Q3 2021 amounted to ¥418,521,164.95, a significant increase from ¥136,087,915.33 at the end of Q3 2020[20] - The company received cash inflow from financing activities totaling ¥925,823,173.25 in the first three quarters of 2021, compared to ¥376,640,978.55 in the same period of 2020, marking an increase of approximately 145.0%[20] - The cash outflow for operating activities was ¥845,309,219.02 in the first three quarters of 2021, slightly lower than ¥904,019,234.50 in the same period of 2020, indicating a decrease of about 6.5%[19] Shareholder Information - The company reported a total of 15,004 common shareholders at the end of the reporting period[9] - The largest shareholder, Zhongzhi (Beijing) Environmental Development Co., Ltd., held 39,469,256 shares, accounting for 19.51% of the total shares[9] Research and Development - The company reported R&D expenses of CNY 28,804,597.81 for the first three quarters of 2021, up from CNY 23,407,088.60 in the same period of 2020, an increase of 23.5%[17] Equity - The company's equity attributable to shareholders increased to CNY 1,067,526,163.44 from CNY 1,034,586,562.78, reflecting a growth of 3.2%[15] - Total equity attributable to shareholders was approximately $1.035 billion, remaining unchanged from the previous period[24] - The company maintains a healthy balance sheet with total equity of approximately $1.164 billion, supporting future growth initiatives[24] Other Financial Metrics - The weighted average return on equity for Q3 2021 was 2.41%, a decrease of 0.07 percentage points compared to the same period last year[4] - Total operating costs for the first three quarters of 2021 were CNY 675,069,267.21, down from CNY 773,275,938.43 in 2020, reflecting a reduction of 12.7%[16] - Long-term equity investments increased to CNY 148,164,254.31 from CNY 136,367,608.37, reflecting a growth of 8.3%[14] - Short-term borrowings rose to CNY 509,908,624.24 from CNY 358,347,298.19, marking an increase of 42.3%[14] - The company has implemented new leasing standards effective January 1, 2021, impacting financial reporting[25]