杭州执申集团股份有限公司独立董事 关干第二届董事会第十六次会议 相关事项的独立意见 根据《杭州热电集团股份有限公司章程》(下称"《公司章程》")、 《独立董事工作制度》的有关要求并按照中国证券监督管理委员会 (下称"中国证监会")《关于在上市公司建立独立董事制度的指导意 见》、《上海证券交易所股票上市规则》等有关规定,作为杭州热电集 团股份有限公司(下称"公司")的独立董事,我们对公司关于第二 届董事会第十六次会议相关事项进行了审核,发表独立意见如下: 15 162 75.46 林伟 戴梦华 杭州热电集团股份有限公司 （本页无正文,为杭州热电集团股份有限公司独立董事关于第二届董事会第十六 次会议相关事项的独立意见签字页) 独立董事: 1、关于使用闲置募集资金进行现金管理的独立意见 公司拟使用不超过16000万元(含本数)的暂时闲置募集资金进 行现金管理,不会影响公司主营业务的开展和募集资金投资项目的实 施。通过进行适度的现金管理,提高募集资金的使用效率,获得一定 的投资收益,进一步提升公司整体业绩水平,为公司和股东谋取较多 的投资回报。作为公司的独立董事,我们认为该事项内容和审议程序 符合法律法规及规范性文件 ...

证券代码：605011 证券简称：杭州热电 公告编号：2023-053 重要内容提示： 杭州热电集团股份有限公司（以下简称"公司"）于 2023 年8月18日分别召开第二届董事会第十六次会议、第二届监事会第十四次会议， 审议通过了《关于使用闲置募集资金进行现金管理的议案》，同意公司使用最高 不超过人民币 16000 万元（含本数）的暂时闲置募集资金进行现金管理，用于购 买安全性高、流动性好、满足保本要求、风险较低的现金管理产品。上述额度在 董事会审议通过之日起一年有效期内可以滚动使用，同时董事会授权公司董事长 最终审定并签署相关实施协议或合同等文件。 一、募集资金的基本情况 经中国证券监督管理委员会《关于核准杭州热电集团股份有限公司首次公开 发行股票的批复》（证监许可〔2021〕280 号）核准，杭州热电集团股份有限公 司获准公开发行不超过 4010 万股新股。公司实际发行人民币普通股（A 股）股 票 40,100,000 股（每股面值 1 元），每股发行价格为 6.17 元/股，募集资金总额 为人民币 247,417,000.00 元，扣除本次发行费用人民币 43,356,100.00 元(不含 增值税)后 ...

一、募集资金基本情况 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。 根据中国证券监督管理委员会《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）》（证监会公告〔2022〕15 号） 和上海证券交易所印发的《上海证券交易所上市公司自律监管指引第 1 号—— 规范运作》（上证发〔2022〕2 号）以及《上海证券交易所上市公司自律监管指 南第 1 号——公告格式（2023 年 1 月修订）》（上证函〔2023〕99 号）及相关 格式指引的规定，现将本公司 2023 年半年度募集资金存放与使用情况专项报 告如下： 杭州热电集团股份有限公司 2023 年半年度募集资金存放与使用情况的专项报告 证券代码：605011 证券简称：杭州热电 公告编号：2023-054 （一）实际募集资金金额和到账情况 经中国证券监督管理委员会《关于核准杭州热电集团股份有限公司首次公开 发行股票的批复》（证监许可[2021]280 号）核准，公司于上海证券交易所向社 会公众公开发行人民币普通股（A 股）股票 40,10 ...

证券代码：605011 证券简称：杭州热电 公告编号：2023-052 杭州热电集团股份有限公司 第二届监事会第十四次会议决议公告 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。 一、监事会会议召开情况 杭州热电集团股份有限公司（以下简称"公司"）第二届监事会第十四次会 议于 2023 年 8 月 18 日以通讯的方式召开。会议通知已于 2023 年 8 月 8 日通过 邮件的方式送达各位监事。本次会议应出席监事 5 人，实际出席监事 5 人。 （三）审议通过《关于 2023 年半年度募集资金存放与使用情况的专项报告》 具体内容详见上海证券交易所网站（www.sse.com.cn）的《2023 年半年度募 集资金存放与使用情况的专项报告》（编号：2023-054）。 表决结果：5 票同意，0 票反对，0 票弃权。 会议由监事会主席范叔样先生主持。会议召开符合有关法律、法规、规章 和《公司章程》的规定。经各位监事认真审议，会议形成了如下决议： 二、监事会会议审议情况 （一）审议通过《关于公司 2023 年半年度报告及其摘要的议案 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥775,725,235.25, representing a decrease of 4.1% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥41,795,735.55, an increase of 1.25% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥38,410,634.04, reflecting an increase of 18.19%[6]. - The basic and diluted earnings per share were both ¥0.10, unchanged from the previous year[9]. - The weighted average return on equity decreased to 2.03%, down 0.12 percentage points year-on-year[9]. - The net profit attributable to the parent company shareholders for Q1 2023 was ¥41,795,735.55, compared to ¥41,280,177.26 in Q1 2022, reflecting a slight increase[34]. - The total comprehensive income attributable to the parent company owners for Q1 2023 was ¥55,464,107.16, up from ¥51,371,936.06 in Q1 2022, indicating a growth of approximately 6.5%[34]. Cash Flow - The net cash flow from operating activities was ¥15,707,901.30, down 48.63% compared to the previous year, primarily due to normal tax payments this period[12]. - Cash inflow from operating activities for Q1 2023 was ¥881,693,283.85, compared to ¥838,706,091.86 in Q1 2022, representing an increase of about 5.1%[39]. - The net cash flow from operating activities decreased to ¥15,707,901.30 in Q1 2023 from ¥30,580,524.37 in Q1 2022, showing a decline of approximately 48.6%[39]. - Cash outflow from investing activities in Q1 2023 was ¥113,502,214.03, compared to ¥78,153,943.92 in Q1 2022, indicating an increase of about 45.1%[41]. - The net cash flow from investing activities improved to ¥57,312,544.88 in Q1 2023 from a negative cash flow of -¥75,113,192.16 in Q1 2022[41]. - Cash inflow from financing activities for Q1 2023 was ¥262,163,000.00, slightly down from ¥269,800,000.00 in Q1 2022[41]. - The net cash flow from financing activities showed a negative balance of -¥149,780,340.94 in Q1 2023, worsening from -¥57,122,393.24 in Q1 2022[41]. - The ending cash and cash equivalents balance for Q1 2023 was ¥715,120,721.52, up from ¥601,056,656.25 in Q1 2022, reflecting an increase of approximately 18.9%[41]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,919,499,894.72, a decrease of 1.68% from the end of the previous year[9]. - The equity attributable to shareholders of the listed company increased to ¥2,077,578,935.15, up 2.05% from the end of the previous year[9]. - Total liabilities decreased to CNY 1,384,932,568.71 in Q1 2023 from CNY 1,507,535,650.35 in Q4 2022, a reduction of 8.1%[29]. - Non-current liabilities decreased to CNY 404,787,723.62 in Q1 2023 from CNY 440,517,479.91 in Q4 2022, a decline of 8.1%[29]. - Total assets decreased to CNY 3,919,499,894.72 in Q1 2023 from CNY 3,986,638,869.20 in Q4 2022, a decline of 1.7%[29]. - Accounts receivable increased to CNY 283,481,537.86 in Q1 2023 from CNY 261,823,178.84 in Q4 2022, representing an increase of 8.2%[28]. - Inventory rose to CNY 215,876,775.43 in Q1 2023, up from CNY 129,375,895.65 in Q4 2022, marking a significant increase of 66.8%[28]. - Cash and cash equivalents decreased to CNY 716,613,610.34 in Q1 2023 from CNY 795,213,119.54 in Q4 2022, a decrease of 9.9%[28]. - The company reported a decrease in financial expenses to CNY 5,405,381.71 in Q1 2023 from CNY 9,828,718.35 in Q1 2022, a reduction of 45.0%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,291[13].

证券代码：605011 证券简称：杭州热电 公告编号：2023-019 杭州热电集团股份有限公司 关于举办 2022 年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法律责任。 重要内容提示： 一、说明会类型 杭州热电集团股份有限公司（以下简称"公司"）已于 2023 年 4 月 18 日在 上海证券交易所网站（www.sse.com.cn）披露了《杭州热电集团股份有限公司 2022 年年度报告》及《杭州热电集团股份有限公司 2022 年年度报告摘要》。为便于 会议召开时间：2023 年 05 月 08 日（星期一）13：30-15:30 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 2023 年 05 月 08 日 前 访 问 网 址 https://eseb.cn/14afRTHltaU 或使用微信扫描下方小程序码进行会前提 问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍 关注的问题进行回答。 广大投资者更 ...

Financial Performance - The company's operating revenue for 2022 was CNY 3,629,115,706.49, representing a year-on-year increase of 14.03% compared to CNY 3,182,629,526.44 in 2021[13] - The net profit attributable to shareholders of the listed company was CNY 212,042,178.54, a decrease of 9.18% from CNY 233,469,956.76 in the previous year[13] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 163,352,316.63, down 13.13% from CNY 188,044,445.05 in 2021[13] - The net cash flow from operating activities increased by 103.67% to CNY 395,023,535.92, compared to CNY 193,956,694.24 in the previous year[13] - The total assets at the end of 2022 were CNY 3,986,638,869.20, a slight increase of 1.76% from CNY 3,917,600,289.03 at the end of 2021[13] - The net assets attributable to shareholders of the listed company increased by 7.38% to CNY 2,035,783,199.60 from CNY 1,895,824,600.00 in 2021[13] - Basic earnings per share decreased by 13.11% to CNY 0.53, compared to CNY 0.61 in the previous period, with a forecast of CNY 0.65[85] - Diluted earnings per share also decreased by 13.11% to CNY 0.53, with a forecast of CNY 0.65[85] - The weighted average return on equity fell by 2.67 percentage points to 10.82%, with a forecast of 16.37%[85] - The net profit for the period was CNY 262.81 million, reflecting a year-on-year decline of 13.42%[123] Revenue Breakdown - The revenue from thermal power sales was CNY 203,524.86 million, up 10.41% year-on-year, while coal sales revenue reached CNY 151,612.34 million, an increase of 18.87%[19] - The overall revenue growth was primarily driven by adjustments in steam sales prices in response to rising raw material costs[19] - Operating revenue increased by 14.03% to CNY 3,629,115,706.49 compared to CNY 3,182,629,526.44 in the same period last year[24] - The revenue from the cogeneration segment grew by 10.41%, while costs increased by 18.05%, leading to a decline in gross margin due to rising raw material prices[26] - Coal trading revenue increased by 18.87%, with costs rising by 18.81%, resulting in a slight increase in coal gross margin[26] - The revenue from electricity products decreased by 7.23%, while costs increased by 11.26%, leading to a significant decline in gross margin due to a 10.63% drop in sales volume[26] - Revenue from steam products increased by 13.91% year-on-year, while costs rose by 19.07% due to rising raw material prices[96] - Coal industry revenue grew by 18.87% year-on-year, with costs increasing by 18.81%, driven by a 1.78% increase in sales volume[96] - The total operating revenue reached CNY 3,629.12 million, a year-on-year increase of 14.03%, with thermal power sales contributing CNY 2,035.25 million (up 10.41%) and coal trading revenue at CNY 1,516.12 million (up 18.87%) [123] Cost and Expenses - Operating costs rose by 18.62% to CNY 3,293,240,452.28 from CNY 2,776,342,177.54 year-on-year[24] - The revenue from steam products decreased due to the inability to fully pass on rising costs to sales prices[96] - The gross profit margin for thermal power decreased by 12.62 percentage points to 24.07%, while the gross profit margin for steam dropped by 3.77 percentage points to 12.77% [140] - The company’s coal trading costs increased significantly, with direct material costs for thermal power rising by 20.23% year-on-year due to higher coal and natural gas prices[128] Cash Flow and Investments - The net cash flow from investment activities decreased by RMB 12,434.51 million year-on-year, totaling -9,113.19 million[53] - The total cash flow from financing activities decreased by RMB 24,813.69 million year-on-year, totaling -21,472.27 million[53] - The company reported a significant increase in cash flow from operating activities, amounting to CNY 395.02 million, which is a 103.67% increase compared to the previous year[132] Market and Customer Insights - The main operating regions are Zhejiang and Shanghai, with Zhejiang's revenue growing by 15.42% and Shanghai's by 3.05%[27] - The top five customers contributed CNY 129,452.74 million, representing 35.67% of total annual sales, with related party sales accounting for 24.13%[31] - The company reported a significant reliance on a single supplier, with over 50% of total purchases from that supplier[51] - The company’s reliance on a few major customers is highlighted, with the top five suppliers accounting for 88.44% of total procurement[130] Research and Development - Research and development expenses accounted for 0.04% of operating revenue, indicating a focus on innovation despite limited investment[34] - The number of R&D personnel is 33, accounting for 4.31% of the total workforce, with 2 holding master's degrees and 19 holding bachelor's degrees[52] - The company’s research and development expenses totaled CNY 1.57 million, indicating a focus on advancing energy efficiency technologies[131] Environmental and Safety Performance - The company achieved good economic and social benefits with no major safety or environmental penalty incidents during the year[19] - The carbon trading market has provided new investment opportunities for the thermal power industry, particularly in biomass and solar thermal projects[120] - The company has a surplus in carbon emission rights, positioning it favorably in the context of the carbon trading market[120] Future Plans and Commitments - The company plans to continue developing the thermal user market and enhancing user services to further increase revenue[19] - The company plans to continue expanding its market presence and invest in new product development[88] - The company anticipates continued growth in customer demand for steam and electricity as industrial parks expand and new enterprises move in[139] - The company has committed to timely and fully disclose reasons for any failure to fulfill external commitments, ensuring investor protection[154] - Major shareholders, including Chengtou Group and Hangshi Group, will not receive dividends until they fulfill their commitments to the company[154] Audit and Related Transactions - The company has engaged Tianjian Accounting Firm for auditing services, with a remuneration of CNY 780,000 for the year[162] - Actual related party transactions for 2022 included coal sales of CNY 83,953.71, which was lower than the estimated CNY 98,626.24 due to changes in raw material prices and demand[165] - The company reported a total of CNY 93,001.83 in related party transactions for the year, with significant transactions involving gas fees and pipeline installation[168] Asset Management - The company's inventory decreased by 28.27% year-on-year, with an ending balance of RMB 129,375,895.65[69] - The company's accounts receivable increased by 20.86% year-on-year, totaling RMB 261,823,178.84, mainly due to increased sales of steam[69] - Contract liabilities increased by 21.45% year-on-year, totaling RMB 19,177,898.22, mainly due to increased prepayments for coal and steam[69] - The total fixed assets at the end of the period amounted to ¥3,119,334,294.84[192] - The total depreciation for fixed assets increased by ¥103,983,684.27 in the current period[192] - The total amount of prepayments at the end of the period was not specified but is categorized under accounts receivable[177] - The company reported a significant reduction in the balance of construction in progress, indicating a shift in project focus or completion[194]

Financial Performance - The company's operating revenue for the third quarter was approximately CNY 847.33 million, representing a year-on-year increase of 12.19%[7] - The net profit attributable to shareholders was approximately CNY 54.28 million, showing a decrease of 2.46% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 43.64 million, down 6.62% year-on-year[7] - Total operating revenue for the first three quarters of 2022 reached ¥2,664,455,649.52, an increase from ¥2,147,118,185.36 in the same period of 2021, representing a growth of approximately 24%[27] - The company's net profit attributable to shareholders increased to ¥776,173,197.76 from ¥682,880,351.67 year-over-year, reflecting a growth of approximately 14%[27] - The total operating profit decreased to CNY 226,386,432.73 from CNY 277,477,382.31, representing a decline of approximately 18.4% year-over-year[29] - Net profit attributable to shareholders decreased to CNY 165,310,846.09 from CNY 189,181,573.21, a decrease of about 12.6% year-over-year[29] - The company’s total profit decreased to CNY 240,056,934.86 from CNY 277,173,866.79, a decline of about 13.4% year-over-year[29] Cash Flow and Liquidity - The cash flow generated from operating activities was approximately CNY 365.26 million, an increase of 23.37% compared to the previous year[10] - Cash flow from operating activities increased to CNY 3,003,873,223.04 compared to CNY 2,369,352,058.29, reflecting a growth of approximately 26.7% year-over-year[36] - The company reported a net cash outflow from investing activities of CNY -92,882,721.30, compared to a net inflow of CNY 151,746.55 in the previous year[37] - Cash flow from financing activities resulted in a net outflow of CNY -292,400,824.77, compared to a net outflow of CNY -144,937,201.47 in the previous year[37] - The company’s cash and cash equivalents at the end of the period were CNY 682,687,263.66, down from CNY 594,963,919.41[37] - The company paid CNY 124,078,174.22 in cash to employees, compared to CNY 110,367,953.40 in the previous year, reflecting an increase of approximately 12.4%[36] Assets and Liabilities - The total assets as of September 30, 2022, were approximately CNY 3.97 billion, reflecting a 1.44% increase from the end of the previous year[10] - The total assets of the company as of the reporting date amounted to ¥3,974,108,237.80, up from ¥3,917,600,289.03[25] - The total liabilities decreased to ¥1,552,047,077.30 from ¥1,607,719,726.29, showing a reduction of about 3%[25] - The equity attributable to shareholders was approximately CNY 1.99 billion, up 4.92% from the end of the previous year[10] - The company’s cash and cash equivalents increased, contributing to a stronger liquidity position[25] Investments and Growth Strategy - The company has invested in new equity instruments amounting to ¥1,350,000.00, indicating a focus on diversifying its investment portfolio[25] - The company reported non-recurring gains of approximately CNY 10.64 million for the quarter[11] - The company plans to continue expanding its market presence and developing new technologies to enhance operational efficiency[27] - Long-term borrowings rose to ¥347,481,977.09 from ¥325,014,310.58, reflecting the company's strategy to leverage debt for growth[25] - The company reported a significant increase in contract liabilities to ¥52,195,955.96 from ¥15,791,201.94, indicating growth in customer prepayments[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,787[15] - The basic earnings per share for the period was CNY 0.14, a decrease of 3.09% compared to the same period last year[10] - The weighted average return on net assets was 2.87%, a decrease of 2.74 percentage points compared to the previous year[10] - The company reported a decrease in income tax expense to CNY 34,289,946.51 from CNY 31,648,140.93, an increase of about 8.2% year-over-year[29]

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2022, representing a year-on-year increase of 15%[18]. - The net profit attributable to shareholders reached 200 million CNY, up 10% compared to the same period last year[18]. - The company's operating revenue for the first half of the year reached ¥1,817,128,843.84, representing a year-on-year increase of 30.55%[24]. - Net profit attributable to shareholders decreased by 16.85% to ¥111,029,139.35 compared to the same period last year[24]. - The net profit after deducting non-recurring gains and losses fell by 30.00% to ¥80,320,500.31, primarily due to significant increases in raw material prices that could not be fully passed on to steam and electricity sales[24]. - Basic earnings per share decreased by 24.32% to ¥0.28, while diluted earnings per share also fell by the same percentage[24]. - The total comprehensive income for the first half of 2022 was CNY 139,727,268.72, compared to CNY 173,908,528.00 in the first half of 2021, a decrease of approximately 19.6%[151]. - The company's total profit for the first half of 2022 was CNY 165,115,469.71, down from CNY 195,957,879.27 in the same period of 2021, a decrease of about 15.8%[151]. Market Expansion and Strategy - The company plans to expand its market presence by entering two new provinces by the end of 2022[18]. - The company continues to focus on expanding its operations in the Yangtze River Delta region, leveraging its established presence and customer demand for electricity and steam[33]. - The company aims to become a leading clean energy service provider in China, leveraging its management advantages for long-term development[35]. - The company plans to continue expanding its market presence and investing in new product development[180]. - Future guidance indicates a focus on enhancing operational efficiency and exploring strategic acquisitions[180]. Research and Development - Research and development expenses increased by 25%, totaling 50 million CNY, focusing on new energy technologies[18]. - Research and development expenses for the first half of 2022 were ¥1,034,827.29, slightly down from ¥1,075,014.90 in the same period of 2021[145]. Environmental and Safety Compliance - The total environmental protection investment for the company's controlled enterprises in the first half of 2022 amounted to CNY 42.39 million[71]. - The company has implemented low-nitrogen combustion technology in its coal-fired power plants, ensuring compliance with local wastewater treatment standards[71]. - The company reported a total of 0.17 tons of dust emissions, with a concentration of 0.46 mg/Nm³ at the second emission outlet, which is below the standard of 5 mg/Nm³[65]. - The company’s nitrogen oxide emissions totaled 16.06 tons, with a concentration of 46.95 mg/Nm³ at the second emission outlet, below the standard of 100 mg/Nm³[65]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[76]. - The company has effectively managed waste gases, wastewater, noise, and solid waste generated during production, adhering to national and local environmental regulations[77]. Financial Position and Assets - The total assets of the company increased by 4.75% to ¥4,103,493,000.57 compared to the end of the previous year[24]. - The company’s total assets at the end of the reporting period included CNY 60,000,000.00 in trading financial assets, a significant increase of 1,900% from the previous year[41]. - Total current assets increased to CNY 1,627,385,424.24 from CNY 1,404,843,811.48, representing a growth of approximately 15.9%[133]. - Total liabilities reached CNY 1,733,671,610.39, compared to CNY 1,607,719,726.29, marking an increase of around 7.8%[138]. - Shareholders' equity totaled CNY 2,369,821,390.18, increasing from CNY 2,309,880,562.74, which is a rise of approximately 2.6%[138]. Related Party Transactions - The company reported a total of 42,607.74 thousand RMB in coal sales to related parties, compared to 28,204.52 thousand RMB in the same period last year, reflecting a year-over-year increase of approximately 51.5%[104]. - The estimated amount for related party transactions in 2022 is 90,000.00 thousand RMB, indicating a significant planned engagement with related entities[104]. - The total amount of related party transactions for the first half of 2022 reached 47,201.73 thousand RMB, compared to 31,667.49 thousand RMB in the same period last year, showing a significant increase[107]. Governance and Compliance - The board of directors confirmed that all members attended the meeting, ensuring the report's accuracy and completeness[4]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[102]. - The company has not provided any guarantees that violate regulations, ensuring compliance with financial regulations[102]. - The company has committed to timely and full disclosure of any unfulfilled commitments to protect investor rights, including potential compensation for losses recognized by judicial authorities[101]. Shareholder and Stock Information - The total number of ordinary shareholders as of the end of the reporting period was 19,380[119]. - The largest shareholder, Hangzhou Urban Construction Investment Group Co., Ltd., held 246,600,000 shares, accounting for 61.63% of the total shares[122]. - The company had no changes in its total share capital and structure during the reporting period[117]. - A total of 81,000,000 shares were released from restrictions on June 30, 2022, following the initial public offering[118]. Risk Factors - The company faces macroeconomic risks, as the thermal power industry is highly correlated with economic cycles, which can impact production and profitability[49]. - Rising costs of fossil fuels, including coal and natural gas, may compress profit margins and increase operational pressure on downstream thermal users[49]. - The company is subject to substantial impacts from policy changes, particularly as it serves industrial parks and is influenced by national and local regulations[49].

Financial Performance - The company's operating revenue for Q1 2022 was ¥808,851,639.25, representing a year-on-year increase of 28.90%[6] - The net profit attributable to shareholders was ¥41,280,177.26, showing a decrease of 21.27% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥32,499,127.54, down 25.24% year-on-year[6] - Basic earnings per share were ¥0.10, down 31.22% from the same period last year[9] - Net profit attributable to the parent company increased to ¥724,160,528.93 from ¥682,880,351.67, representing a growth of 6%[25] - The company's net profit for Q1 2022 was CNY 51,371,936.06, a decrease of 23.8% compared to CNY 67,474,193.65 in Q1 2021[28] - Operating profit for Q1 2022 was CNY 58,988,074.15, down from CNY 73,809,896.03 in the same period last year, reflecting a decline of 20.1%[28] - The total comprehensive income for Q1 2022 was CNY 51,371,936.06, a decrease of 23.8% from CNY 67,474,193.65 in Q1 2021[28] - The company’s total profit for Q1 2022 was CNY 58,729,908.57, down from CNY 73,607,513.03 in Q1 2021, representing a decline of 20.2%[28] Cash Flow and Assets - The net cash flow from operating activities reached ¥30,580,524.37, a significant increase of 413.63% compared to the previous year[6] - The net cash flow from operating activities for Q1 2022 was CNY 30,580,524.37, significantly higher than CNY 5,953,752.06 in Q1 2021[34] - The company reported a net cash outflow from investing activities of CNY -75,113,192.16 in Q1 2022, compared to CNY -5,929,734.53 in Q1 2021[34] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 601,056,656.25, up from CNY 385,073,805.72 at the end of Q1 2021[34] - The company's total assets amounted to ¥4,007,979,902.18, compared to ¥3,917,600,289.03 in the previous year, indicating a growth of 2.6%[25] - Total assets at the end of the reporting period were ¥4,007,979,902.18, an increase of 2.31% from the end of the previous year[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,502[12] - The largest shareholder, Hangzhou Urban Construction Investment Group Co., Ltd., held 61.63% of the shares[12] Operating Costs and Expenses - Total operating costs for Q1 2022 were ¥769,520,323.05, up from ¥580,650,588.38 in Q1 2021, reflecting a 32.5% increase[25] - Research and development expenses for Q1 2022 were ¥609,914.95, slightly down from ¥619,714.72 in Q1 2021[25] - The company reported a credit impairment loss of ¥-3,875,224.53, compared to ¥-655,318.18 in the previous year, indicating a deterioration in credit quality[25] - The company incurred asset impairment losses of CNY -120,961.78 during the quarter[28] Equity and Return Metrics - The weighted average return on equity was 2.15%, a decrease of 0.01 percentage points compared to the previous year[9] - The total equity attributable to shareholders reached ¥1,937,104,777.26, up from ¥1,895,824,600.00, reflecting a growth of 2.2%[25]