证券代码：605368 证券简称：蓝天燃气 公告编号：2023-027 河南蓝天燃气股份有限公司 关于召开 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个别及连带责任。 重要内容提示： 河南蓝天燃气股份有限公司（以下简称"公司"）已于 2023 年 3 月 28 日 发布公司 2022 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 05 月 22 日上午 10:00-11:30 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 1、会议召开时间：2023年05月22日 上午 10:00-11:30 会议召开时间：2023 年 05 月 22 日(星期一) 上午 10:00 - 11:30 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：上证路演中心视频直播和网络互动 投资者可于 2023 年 05 月 15 日(星期一) ...

证券代码：605368 证券简称：蓝天燃气 公告编号：2023-028 河南蓝天燃气股份有限公司 关于参加河南辖区上市公司 2023 年投资者网上集体接待日 活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 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。 为进一步加强与投资者的互动交流，河南蓝天燃气股份有限公司定于 2023 年 5 月 18 日（周四）16:00-17：20 参加在全景网举办的"真诚沟通 传递价值" 河南辖区上市公司 2023 年投资者网上集体接待日活动，本次活动将采用网络远 程的方式举行，投资者可登录"全景•路演天下"（ http://rs.p5w.net）参与 本次互动交流。 出席本次网上集体接待日活动的人员有：公司总经理陈启勇先生、董事会秘 书兼财务总监赵鑫先生（如有特殊情况，参会人员将可能进行调整），欢迎广大 投资者积极参与。 特此公告。 河南蓝天燃气股份有限公司董事会 2023 年 5 月 13 日 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,458,370,428.44, representing a year-on-year increase of 1.51%[5] - The net profit attributable to shareholders for the same period was CNY 198,824,647.53, reflecting a growth of 3.73% compared to the previous year[5] - The net profit for Q1 2023 was CNY 197,183,104.93, representing an increase from CNY 191,735,022.61 in Q1 2022, which is approximately a 2.3% growth[22] - Operating profit for Q1 2023 was CNY 261,349,618.32, compared to CNY 243,066,887.56 in Q1 2022, indicating an increase of about 7.5%[22] - The total comprehensive income for Q1 2023 was CNY 197,294,727.89, up from CNY 191,607,725.78 in Q1 2022, reflecting a growth of approximately 3.5%[23] - The company’s total revenue from sales and services in Q1 2023 was CNY 1,448,647,894.57, compared to CNY 1,416,145,956.16 in Q1 2022, reflecting a growth of about 2.3%[25] Cash Flow - The net cash flow from operating activities reached CNY 77,587,246.08, showing a significant increase of 20.49% year-on-year[5] - Cash flow from operating activities for Q1 2023 was CNY 77,587,246.08, compared to CNY 64,395,359.96 in Q1 2022, marking an increase of about 20.5%[26] - The company reported a decrease in investment cash flow, with a net cash outflow of CNY -35,748,723.26 in Q1 2023, compared to CNY -98,803,723.39 in Q1 2022, indicating a reduction in investment activities[26] - The company’s cash inflow from investment activities in Q1 2023 was CNY 4,575,229.37, compared to CNY 2,541,255.00 in Q1 2022, indicating a significant increase in cash inflow from investments[26] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 6,305,616,813.11, which is a 0.93% increase from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to RMB 6,305,616,813.11, up from RMB 6,247,452,381.60 at the end of 2022, reflecting a growth of about 0.9%[19] - Total liabilities decreased to RMB 2,401,369,164.12 from RMB 2,542,068,250.45, indicating a reduction of approximately 5.5%[18] - The company's equity attributable to shareholders increased to RMB 3,862,119,466.40 from RMB 3,661,614,405.96, representing a growth of about 5.5%[19] Shareholder Information - The company had a total of 21,317 common shareholders at the end of the reporting period[13] Accounts Receivable and Inventory - Accounts receivable increased by 38.61%, primarily due to an increase in receivables from natural gas sales[10] - Accounts receivable increased to RMB 171,433,446.90 from RMB 123,677,435.41 year-over-year, showing a growth of about 38.6%[16] - Inventory as of March 31, 2023, was RMB 206,974,818.20, compared to RMB 197,586,113.83 at the end of 2022, indicating an increase of approximately 4.4%[17] Costs and Expenses - Total operating costs for Q1 2023 were RMB 1,190,270,169.43, compared to RMB 1,190,142,598.32 in Q1 2022, indicating a marginal increase[21] - The company’s income tax expense for Q1 2023 was CNY 64,584,660.65, an increase from CNY 51,483,930.97 in Q1 2022, which is an increase of approximately 25.4%[22] Cash and Cash Equivalents - Cash and cash equivalents as of March 31, 2023, were RMB 1,290,955,893.44, up from RMB 1,212,578,868.10 as of December 31, 2022, reflecting a growth of approximately 6.4%[16] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 1,273,761,001.04, up from CNY 1,216,272,718.16 at the end of Q1 2022, which is an increase of approximately 4.7%[27] Financing Activities - The cash flow from financing activities also decreased by 56.27%, primarily due to a reduction in financing amounts[11] - The company reported a decrease in short-term borrowings to RMB 660,861,972.22 from RMB 610,806,208.33, indicating a reduction of approximately 8.2%[18] Return on Equity - The weighted average return on equity decreased by 1.09 percentage points to 5.29%[6]

Dividend and Profit Distribution - The board proposed a cash dividend of 10 yuan (including tax) for every 10 shares and a capital reserve conversion of 4 additional shares for every 10 shares held[5]. - The company plans to distribute a cash dividend of 1 RMB per share (including tax), totaling 494,856,340 RMB, which represents 83.55% of the net profit attributable to shareholders for 2022, amounting to 592,265,300.95 RMB[114]. - The cash dividend distribution for 2021 was 5 RMB per 10 shares, totaling 231,351,000 RMB, which accounted for 54.97% of the net profit attributable to shareholders of 420,883,212.96 RMB[113]. - The company has outlined a three-year shareholder dividend return plan (2022-2024), emphasizing commitment to shareholder value[84]. Financial Performance - The company's operating revenue for 2022 was approximately RMB 4.75 billion, representing a year-over-year increase of 21.86% compared to RMB 3.90 billion in 2021[25]. - The net profit attributable to shareholders for 2022 was approximately RMB 592.27 million, a 40.72% increase from RMB 420.88 million in 2021[25]. - The net profit after deducting non-recurring gains and losses was approximately RMB 576.27 million, reflecting a 39.27% increase from RMB 413.79 million in the previous year[25]. - The cash flow from operating activities for 2022 was approximately RMB 830.02 million, up 28.08% from RMB 648.06 million in 2021[25]. - The total assets at the end of 2022 were approximately RMB 6.25 billion, a 21.38% increase from RMB 5.15 billion at the end of 2021[26]. - The net assets attributable to shareholders at the end of 2022 were approximately RMB 3.66 billion, representing a 25.88% increase from RMB 2.91 billion at the end of 2021[26]. - The basic earnings per share for 2022 were RMB 1.24, an increase of 34.78% compared to RMB 0.92 in 2021[27]. - The weighted average return on equity for 2022 was 18.24%, up from 15.47% in 2021, an increase of 2.77 percentage points[27]. Operational Developments - The company added three new subsidiaries during the reporting period, which expanded its franchise rights and significantly increased urban natural gas sales revenue[27]. - The company is focusing on the completion of rural natural gas utilization projects, which are expected to yield benefits as they reach completion[27]. - The company laid 79 kilometers of high-pressure pipelines and 418.7 kilometers of medium-pressure pipelines in 2022, supporting market expansion[38]. - The company diversified its gas procurement channels, signing agreements with multiple suppliers, which helped stabilize supply and reduce costs[38]. - The company is on track to complete its IPO fundraising projects by June 2023, which will enhance its gas supply capacity in the region[38]. Risk Management and Compliance - The company has detailed the main operational risks in the report, urging investors to pay attention to investment risks[7]. - The report emphasizes the importance of risk awareness for investors regarding the company's future developments[6]. - The company has established a comprehensive internal control system to enhance risk management and financial oversight, ensuring compliance with relevant laws and regulations[120]. - The company has not reported any significant environmental violations and operates in compliance with national and local environmental protection requirements[123]. - The company has not disclosed any specific measures taken to reduce carbon emissions during the reporting period[125]. Governance and Management - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[4]. - The company has established independent operational capabilities, separating its business, personnel, and financial matters from those of its controlling shareholder[81]. - The company has maintained a stable leadership structure with no significant changes in shareholding among senior management during the reporting period[86]. - The company has a total of 11,933,594 shares held by its senior management team[88]. - The company has a total of 462,702,000 restricted shares before the changes, representing 85.84% of total shares[151]. Acquisitions and Investments - The company completed the acquisition of 100% of Changge Linjue Energy Co., Ltd. in April 2022, making it a wholly-owned subsidiary[68]. - The company acquired 60% of Weishi County Wanfang Energy Co., Ltd. in May 2022[68]. - The company issued shares to purchase 52% of the equity in CGN Yulong (Henan) New Energy Co., Ltd., which was renamed Changge Lantian New Energy Co., Ltd.[68]. - The company acquired 52% equity of Changge Lantian, with a performance commitment of a net profit not less than 56.9749 million yuan for 2022, achieving a net profit of 57.9152 million yuan, thus meeting the performance commitment[129]. Market and Industry Trends - The company’s natural gas consumption in China decreased by 1.7% in 2022, reflecting broader market challenges[36]. - According to the Henan Provincial Development and Reform Commission, natural gas demand in Henan is expected to reach 20 billion cubic meters by 2025, with a gasified population of 50 million[43]. - The national goal is to increase the share of natural gas in primary energy consumption to around 15% by 2030, indicating a growing market for the company[42]. - The company faces competition from alternative energy sources such as wind and solar power, which may impact the demand for natural gas[78]. Financial Position and Assets - The company's total assets reached ¥4,232,261,999.32, up from ¥3,514,331,377.87 in 2021, indicating a growth of 20.4%[197]. - The company's goodwill increased significantly to CNY 225,118,911.32 from CNY 19,399,197.27, marking a growth of about 1035.5%[192]. - The company's total liabilities amounted to ¥1,137,948,308.00, compared to ¥1,074,361,782.96 in the previous year, indicating a growth of 5.9%[197]. - The company's equity attributable to shareholders rose to CNY 3,661,614,405.96 from CNY 2,908,887,817.80, indicating a growth of about 25.9%[193].

Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,025,532,300.53, representing a year-on-year increase of 23.22%[7] - The net profit attributable to shareholders for Q3 2022 was CNY 163,387,233.11, reflecting a significant increase of 51.87% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 156,075,484.10, up 42.51% year-on-year[7] - The basic earnings per share for Q3 2022 was CNY 0.33, an increase of 43.48% compared to the same period last year[10] - The weighted average return on equity for Q3 2022 was 4.66%, an increase of 0.72 percentage points year-on-year[10] - The company reported a significant increase in net profit for the year-to-date, with a growth of 62.38% compared to the same period last year[16] - Total operating revenue for the first three quarters of 2022 reached ¥3,472,800,371.93, a 27.2% increase from ¥2,729,907,306.68 in the same period of 2021[32] - Net profit for the first three quarters of 2022 was ¥489,941,161.83, representing a 63.0% increase compared to ¥300,811,323.52 in the previous year[35] - The total comprehensive income attributable to the parent company reached ¥487,913,594.82, a significant increase from ¥300,613,278.97 in the same period last year, representing a growth of approximately 62.2%[37] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to CNY 6,014,013,478.71, representing a growth of 16.84% compared to the end of the previous year[10] - The equity attributable to shareholders at the end of Q3 2022 was CNY 3,546,283,909.23, which is a 21.91% increase from the previous year[10] - As of September 30, 2022, total current assets amounted to RMB 1,708,668,777.25, an increase from RMB 1,678,953,838.39 at the end of 2021, reflecting a growth of approximately 1.3%[22] - Non-current assets totaled RMB 4,305,344,701.46, compared to RMB 3,468,134,512.42 at the end of 2021, marking a growth of around 24%[26] - The company's total liabilities increased to ¥2,428,033,555.54, up from ¥2,236,894,703.16, reflecting a growth of 8.6%[28] - The company's total liabilities amounted to CNY 1,076,837,752.52, slightly up from CNY 1,074,361,782.96, showing a marginal increase[48] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 370,436,987.00, reflecting a 52.20% increase compared to the same period last year[10] - Cash flow from operating activities generated a net amount of ¥370,436,987.00, compared to ¥243,388,191.68 in the previous year, indicating a year-over-year increase of approximately 52.2%[41] - The total cash inflow from operating activities was ¥3,917,726,949.62, up from ¥2,992,207,077.76, marking an increase of about 31%[41] - The net cash flow from operating activities for the first three quarters of 2022 was RMB 324,175,388.92, an increase of 126.6% compared to RMB 143,038,017.36 in the same period of 2021[53] - The total cash outflow for investment activities was RMB 144,172,692.00, significantly lower than RMB 1,439,659,468.87 in the same period last year, indicating a reduction of 90%[53] Shareholder Information - The company has a total of 23,807 common shareholders as of the reporting date, with the largest shareholder holding 49.19% of the shares[18] Research and Development - Research and development expenses were reported at ¥105,048,908.33, up from ¥85,552,638.95, indicating a 22.0% increase[32] - Research and development expenses were not explicitly detailed, but the company reported a financial expense of CNY 20,781,606.17, which increased from CNY 16,926,416.11 year-over-year[48] Investment Income - The company reported a decrease in investment income, with a loss of ¥2,938,655.80 compared to a gain of ¥4,272,243.21 in the previous year[32] - The company reported an investment income of CNY 222,061,344.20, significantly higher than CNY 103,387,572.99 in the previous year, indicating a growth of approximately 114%[51]

Financial Performance - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 12%[22]. - The company's operating revenue for the first half of 2022 was CNY 2,447,268,071.40, representing a 28.96% increase compared to CNY 1,897,627,212.20 in the same period last year[27]. - Net profit attributable to shareholders for the same period was CNY 324,802,221.90, a 68.24% increase from CNY 193,062,567.06 year-on-year[27]. - Basic earnings per share rose to CNY 0.70, marking a 62.79% increase from CNY 0.43 in the same period last year[27]. - The company reported a significant increase in non-operating income, including government subsidies amounting to CNY 6,969,774.66[31]. - The company attributed the revenue growth primarily to increased income from pipeline natural gas and urban gas sales[27]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2022, representing a 20% year-over-year growth[97]. - The net profit for the first half of 2022 reached CNY 375.15 million, a significant increase of 112.3% from CNY 176.56 million in the first half of 2021[159]. - The total comprehensive income for the first half of 2022 was CNY 375,146,374.75, reflecting a significant increase compared to the previous period[181]. Market Expansion and Strategy - The company plans to expand its market presence by increasing the number of distribution stations by 20% by the end of 2023[22]. - Future guidance indicates a projected revenue growth of 10% for the second half of 2022, driven by increased demand and market expansion efforts[22]. - The company plans to continue expanding its market presence and enhancing its product offerings in the future[27]. - The company is raising funds for the construction of a natural gas utilization project in Zhumadian, but changes in market conditions could affect the project's expected returns[67]. Research and Development - The company has allocated 50 million RMB for research and development in new technologies related to gas distribution and safety[22]. - New product development includes the introduction of a smart gas meter, expected to enhance user experience and operational efficiency[22]. - The company's research and development expenses were CNY 24.80 million for the first half of 2022, compared to CNY 21.86 million in the same period of 2021, reflecting an increase of 13.3%[155]. Financial Position and Cash Flow - The company maintains a strong cash position with 300 million RMB in cash reserves, providing flexibility for future investments[22]. - The net cash flow from operating activities increased by 97.08% to CNY 223,599,699.66, compared to CNY 113,456,516.12 in the previous year[27]. - Cash and cash equivalents decreased by 11.61% to approximately CNY 1,050 million from CNY 1,188 million[54]. - The company reported a cash balance of approximately ¥1,050,033,509.69, down from ¥1,187,985,297.32 at the beginning of the period, indicating a decrease of about 11.55%[137]. - The ending balance of cash and cash equivalents was ¥303,842,730.00, compared to ¥244,189,204.28 at the end of the same period last year, representing an increase of approximately 24%[172]. Risks and Challenges - The management highlighted potential risks including regulatory changes and market competition, which could impact future performance[22]. - The company faces risks related to government pricing of natural gas, which may affect financial performance due to potential delays in price adjustments[64]. - The company relies heavily on PetroChina as its main gas supplier; any significant reduction in supply could severely affect its business operations[67]. - The company faces risks from potential pipeline damage due to various accidents and natural disasters, which could lead to severe safety incidents and operational disruptions[67]. - The company is competing against alternative energy sources like coal, wind, and solar power, which could impact its market position if new energy solutions gain traction[67]. Shareholder and Governance - The board has approved a profit distribution plan, although no specific dividends will be issued for this period[22]. - The company has not disclosed any employee stock ownership plans or other incentive measures during the reporting period[79]. - The company has maintained a good credit status, with no overdue debts or obligations as of the reporting date[100]. - The total number of shares before the change was 462,702,000, with a new issuance of 32,154,340 shares, resulting in a total of 494,856,340 shares after the change[115]. - The total amount of guarantees provided by the company during the reporting period was zero, reflecting a conservative financial strategy[109]. Operational Efficiency - The company has established a stable gas supply advantage through agreements with multiple suppliers, ensuring reliable gas sources[39]. - Advanced automation and management systems are in place to ensure efficient and safe operation of the gas transmission system, reducing operational costs[43]. - The company has a well-established management system that ensures safety, low costs, and high efficiency in production and customer service[43]. - The company maintained a stable safety production environment with no reported safety incidents during the reporting period[48]. Environmental and Compliance - The company and its subsidiaries are not classified as key pollutant discharge units and have not faced significant environmental penalties[81]. - The company has not reported any significant environmental incidents during the reporting period[81]. - The company has committed to the authenticity and completeness of information disclosure related to major asset restructuring, with commitments valid for the long term[86].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,436,742,268.47, representing a year-on-year increase of 27.97%[6] - The net profit attributable to shareholders of the listed company reached ¥191,666,853.30, marking a significant increase of 75.20% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥188,494,350.50, reflecting a growth of 74.11% year-on-year[6] - The basic earnings per share for the period was ¥0.4142, which is an increase of 66.95% compared to the previous year[9] - Total comprehensive income for the period attributable to the parent company was CNY 191,539,556.47, compared to CNY 109,507,898.01 in the previous year, representing an increase of approximately 74.8%[35] - Basic earnings per share increased to CNY 0.4142 from CNY 0.2481, reflecting a growth of 67.0% year-over-year[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,310,338,070.09, up 3.17% from the end of the previous year[9] - The total liabilities amounted to ¥2,206,637,597.41, slightly down from ¥2,236,894,703.16 in the previous period[30] - The equity attributable to shareholders of the listed company increased to ¥3,102,326,473.52, a rise of 6.65% compared to the end of last year[9] - Total current assets reached ¥1,787,125,855.41, up from ¥1,678,953,838.39, indicating an increase of 6.4%[25] - Non-current assets totaled ¥3,523,212,214.68, compared to ¥3,468,134,512.42, reflecting a growth of 1.6%[25] Cash Flow - The net cash flow from operating activities was ¥64,395,359.96, which represents a decrease of 14.79% year-on-year[6] - Cash inflow from operating activities totaled CNY 1,423,296,757.60, up from CNY 1,144,941,773.71, indicating a growth of 24.4%[39] - Net cash flow from operating activities was CNY 64,395,359.96, a decrease of 14.5% compared to CNY 75,568,146.16 in the previous year[39] - Cash outflow from investment activities was CNY 101,344,978.39, compared to CNY 864,142,883.85, showing a significant reduction in investment spending[39] - Net cash flow from financing activities was CNY 83,559,157.88, down from CNY 843,500,668.87, indicating a decrease in financing activities[41] Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,028[17] - The largest shareholder, Henan Lantian Group Co., Ltd., holds 243,423,000 shares, accounting for 52.61% of total shares[17] - The company has a total of 11,256,000 shares held by shareholder Xiong Baoming, which is the largest among the top ten unrestricted shareholders[17] Other Financial Metrics - The weighted average return on equity rose to 6.38%, an increase of 1.97 percentage points from the previous year[9] - The company reported non-recurring gains of ¥4,077,937.71 from government subsidies closely related to its normal business operations[12] - The increase in net profit was primarily driven by the growth in natural gas sales revenue during the reporting period[13] - Accounts receivable increased to ¥206,347,939.85 from ¥80,337,845.46, representing a growth of 157.9%[21] - The company reported a decrease in other receivables from ¥8,240,766.78 to ¥6,666,054.88, a decline of 19.1%[25] - The company's long-term borrowings rose significantly to ¥145,231,229.17 from ¥55,074,784.72, indicating increased leverage[30] - The deferred income tax liabilities decreased slightly to ¥30,305,930.27 from ¥31,020,366.53[30] - The company's other comprehensive income showed a loss of ¥127,296.83 compared to a gain of ¥110,076.75 in the previous year[32]

Financial Performance - The company's operating revenue for 2021 was CNY 3,900,894,135.12, representing a year-over-year increase of 9.83% compared to CNY 3,551,838,948.75 in 2020[26]. - The net profit attributable to shareholders for 2021 was CNY 420,883,212.96, which is a 26.45% increase from CNY 332,834,447.39 in 2020[26]. - The net cash flow from operating activities for 2021 was CNY 648,057,501.59, up 9.50% from CNY 591,841,157.40 in 2020[26]. - The total assets at the end of 2021 were CNY 5,147,088,350.81, reflecting a 38.87% increase from CNY 3,706,513,611.31 at the end of 2020[28]. - The net assets attributable to shareholders increased by 57.32% to CNY 2,908,887,817.80 at the end of 2021, compared to CNY 1,849,036,196.73 at the end of 2020[28]. - The basic earnings per share for 2021 was CNY 0.92, a 9.52% increase from CNY 0.84 in 2020[28]. - The company achieved a net profit of CNY 120,239,967.97 in Q4 2021, indicating strong performance in the last quarter of the year[32]. - The company reported a significant decrease in financial expenses by 47.41%, attributed to increased interest income and reduced interest expenses[61]. - The company reported a total revenue of 1.31 million for the year, with no significant changes in shareholding among directors[94]. - The company reported a net profit margin of 15.57% for the current fiscal year, indicating strong profitability[97]. Dividend Policy - The company plans to distribute a cash dividend of 5 RMB per 10 shares to all shareholders based on the total share capital as of the dividend distribution date[6]. - The company has not proposed any capital reserve transfer to increase share capital for the current year, with retained earnings to be carried forward to the next year[6]. - The company prioritizes cash dividends, distributing at least 30% of the annual distributable profits in cash if no major investment plans or cash expenditures occur[127]. - In mature stages without major investments, cash dividends should constitute at least 80% of the profit distribution; if there are major investments, this minimum drops to 40%[127]. - For growth stages with significant investments, cash dividends must be at least 30% of the profit distribution[127]. Corporate Governance - The company has received a standard unqualified audit report from Zhongxing Cai Guanghua Accounting Firm[5]. - The company has confirmed that all board members attended the board meeting[5]. - The company has not violated decision-making procedures for external guarantees[8]. - The company has not faced any situation where more than half of the directors cannot guarantee the authenticity, accuracy, and completeness of the annual report[8]. - The company has implemented measures to ensure corporate governance and independence from its controlling shareholder, Li Xinhua[85]. - The board of directors approved the use of idle raised funds for cash management in February 2021[107]. - The company has made changes to its board of directors, including the election of new members in 2021[106]. - The board of directors held 14 meetings in the year, all conducted in person[113]. - The company has not faced any penalties from securities regulatory authorities in the past three years[107]. Risk Management - The company has outlined potential risks in its operations, which are detailed in the management discussion and analysis section of the report[8]. - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the report[7]. - The company is aware of risks associated with government pricing of natural gas, which could impact profitability[80]. - The company is exposed to competition from alternative energy sources, including coal, wind, and solar energy, which could affect its market position[82]. - The company has established a comprehensive risk management system to enhance financial data analysis and fund usage supervision[135]. - The company has a risk of pipeline damage leading to safety incidents, which could result in significant operational disruptions and liabilities[82]. Operational Highlights - The company signed a share transfer agreement to acquire 48% equity in Zhongguang Nuclear Yulong (Henan) New Energy Co., Ltd., enhancing its market position in the gas industry in Henan Province[40]. - The company actively promoted project construction and market-oriented reforms, ensuring steady progress in pipeline relocation and gas utilization projects[37]. - The company implemented a smart gas system to enhance management efficiency and service capabilities[37]. - The company has established stable gas supply agreements with multiple suppliers, enhancing its supply stability advantage[46]. - The company’s gas pipeline network has expanded to cover central and northern Henan, enhancing its market position[46]. - The company is investing in the construction of natural gas utilization projects in the Zhumadian area, with the aim of meeting local demand[85]. Social Responsibility - The company donated 5 million RMB to support flood relief efforts in Zhengzhou, demonstrating its commitment to social responsibility[40]. - The company has actively engaged in social responsibility initiatives, balancing economic and social benefits[140]. - The company has established a comprehensive employee rights protection system, including compliance with labor laws and regular health checks[140]. Future Outlook - The company plans to achieve a sales revenue of 4.147 billion yuan and a net profit of 490 million yuan in 2022, although this is subject to various uncertainties[79]. - The company aims to actively coordinate and secure multiple gas sources to meet ongoing development needs, emphasizing the importance of gas supply for survival and stability[78]. - The company intends to enhance market development efforts and expand its operational regions, recognizing the gas industry as a scale economy[78]. - Future guidance indicates an expected revenue growth rate of approximately 20% for the next fiscal year[97]. Employee Information - The company had a total of 1,428 employees, with 338 in the parent company and 1,090 in major subsidiaries[119]. - The employee composition includes 584 production staff, 188 sales personnel, 334 technical staff, 102 financial staff, and 220 administrative staff[122]. - The company maintains a stable employee compensation and benefits level during the reporting period[123]. - The company has implemented a comprehensive employee training plan to enhance skills and promote safety awareness[124]. Contracts and Agreements - The company has a contract with Sinopec for a gas supply of 20,503 million cubic meters from April 1, 2021, to March 31, 2022[183]. - The company has a procurement contract with Sinopec for a total of 25,000 to 50,000 million cubic meters of gas supply over multiple years, with specific delivery and pricing terms[183]. - The total contracted gas volume for Blue Sky Gas with various partners until December 31, 2023, amounts to 97800000 cubic meters with China General Nuclear Power Group, 30099000 cubic meters with Henan Wuzhou Gas, and 99819542 cubic meters with Xuchang Tianlun Gas[186].

Financial Performance - The company's operating revenue for Q3 2021 was ¥832,280,094.48, representing a year-on-year increase of 20.31%[7] - The net profit attributable to shareholders for Q3 2021 was ¥107,580,677.93, reflecting a year-on-year growth of 39.36%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥109,519,389.30, an increase of 47.38% compared to the same period last year[7] - The net profit for Q3 2021 was CNY 300,811,323.52, an increase from CNY 236,564,673.39 in Q3 2020, representing a growth of approximately 27.1%[31] - The total revenue from operating activities for the first three quarters of 2021 reached CNY 2,973,131,999.06, compared to CNY 2,682,654,505.33 in the same period of 2020, indicating an increase of about 10.8%[36] - The operating profit for Q3 2021 was CNY 405,938,631.63, up from CNY 324,451,875.17 in Q3 2020, reflecting a growth of approximately 25.1%[31] - The total comprehensive income for Q3 2021 was CNY 300,781,357.50, compared to CNY 236,415,696.48 in Q3 2020, representing an increase of approximately 27.2%[32] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥4,483,460,370.66, which is a 20.96% increase from the end of the previous year[10] - The total liabilities as of September 30, 2021, were CNY 1,693,589,566.26, down from CNY 1,853,453,757.77 at the end of 2020, indicating a decrease of about 8.63%[28] - The total assets of the company were 3,706,513,611.31 RMB, reflecting a slight decrease from 3,707,841,990.05 RMB, indicating stable asset management[42] - Total liabilities stood at 1,853,453,757.77 RMB, showing a slight decrease from 1,854,785,939.59 RMB, indicating improved financial stability[45] Shareholder Equity - The equity attributable to shareholders at the end of Q3 2021 was ¥2,788,640,679.50, showing a significant increase of 50.82% year-on-year[10] - The equity attributable to shareholders reached CNY 2,788,640,679.50 as of September 30, 2021, compared to CNY 1,849,036,196.73 at the end of 2020, reflecting an increase of approximately 50.83%[28] - Total equity attributable to shareholders reached approximately $1.85 billion, with a slight decrease of $3,803.08 compared to the previous period[48] - The company reported a total of $1.85 billion in equity attributable to shareholders, indicating stability in shareholder value[48] Earnings and Cash Flow - The basic earnings per share for Q3 2021 was ¥0.23, up by 15.00% compared to the same period last year[10] - The basic earnings per share for Q3 2021 was CNY 0.66, compared to CNY 0.60 in Q3 2020, marking an increase of 10%[32] - The cash flow from operating activities for the year-to-date period was ¥243,388,191.68, which decreased by 24.11% compared to the same period last year[10] - The cash flow from operating activities for Q3 2021 was CNY 243,388,191.68, down from CNY 320,727,783.72 in Q3 2020, a decrease of about 24.2%[39] Investment and Financing Activities - The company reported non-recurring gains of ¥149,496.95 for Q3 2021, with total non-recurring gains for the year-to-date period amounting to ¥4,392,881.20[10] - The net cash flow from investing activities was -159,027,277.28 RMB, compared to -133,534,981.08 RMB in the previous period, indicating a decline in investment performance[40] - The total cash inflow from financing activities was 1,176,940,000.00 RMB, significantly higher than 333,000,000.00 RMB in the prior period, reflecting increased capital raising efforts[40] - The net cash flow from financing activities improved to 617,997,615.59 RMB from -404,305,358.77 RMB, showcasing a positive shift in financing operations[40] Research and Development - The company is focusing on expanding its market presence and developing new technologies, although detailed plans were not specified in the report[28] - The company has indicated ongoing efforts in research and development for new products, aiming to enhance its competitive edge in the market[28]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,897,627,212.20, representing a 5.97% increase compared to CNY 1,790,657,664.93 in the same period last year[28]. - The net profit attributable to shareholders for the first half of 2021 was CNY 193,062,567.06, which is a 21.14% increase from CNY 159,370,693.84 year-on-year[28]. - The net cash flow from operating activities decreased by 15.14% to CNY 113,456,516.12 from CNY 133,690,658.59 in the previous year[28]. - The total assets at the end of the reporting period were CNY 4,298,692,568.17, a 15.98% increase from CNY 3,706,513,611.31 at the end of the previous year[30]. - The net assets attributable to shareholders increased by 44.85% to CNY 2,678,376,387.97 from CNY 1,849,036,196.73 year-on-year[30]. - Basic earnings per share for the first half of 2021 were CNY 0.43, up 7.50% from CNY 0.40 in the same period last year[30]. - The weighted average return on net assets was 9.63%, a decrease of 0.19 percentage points compared to 9.82% in the previous year[30]. - The company reported non-operating income of CNY 4,243,384.25 from government subsidies closely related to its normal business operations[31]. Operational Risks - The company reported a significant reliance on government pricing for natural gas, which may lead to financial impacts if prices are not adjusted timely in response to market changes[10]. - The company is primarily dependent on PetroChina for natural gas supply, and any significant reduction in supply could adversely affect operations[10]. - The company has acknowledged potential risks related to pipeline damage and safety incidents that could disrupt operations[10]. - The company has established a multi-source natural gas pipeline network, but remains vulnerable to risks associated with reliance on key suppliers[10]. - The company faces competition from alternative energy sources, including wind and solar, which could impact its market position[10]. Strategic Plans and Expansion - The company plans to expand its operations beyond Henan province through new construction and acquisitions, although current capital limitations may hinder this expansion[10]. - The company is focused on expanding its natural gas pipeline infrastructure to enhance service delivery and operational efficiency[28]. - Future strategies include leveraging new technologies and market expansion to drive growth in the natural gas sector[28]. - The company is committed to maintaining its strategic investments and exploring new market opportunities in the upcoming quarters[123]. - The company's management indicated plans for potential market expansion and new product development in the future[123]. Financial Integrity and Governance - The company has not reported any non-operational fund occupation by controlling shareholders, ensuring financial integrity[10]. - The company has implemented governance measures to mitigate risks associated with the influence of its actual controller[10]. - The company has established effective management practices and communication channels with regulatory bodies, ensuring compliance and operational efficiency[40]. - The company has not faced any significant environmental penalties and complies with national and local environmental regulations[72]. - The company and its controlling shareholders have a good credit status, with no outstanding obligations from court judgments[86]. Shareholder Information - The company completed its initial public offering, increasing its total shares from 39,720,200 to 46,270,200, with 6,550,000 new shares issued[101]. - The largest shareholder, Henan Lantian Group Co., Ltd., holds 243,423,000 shares, which are all restricted[108]. - Li Xinhua, the second-largest shareholder, holds 33,400,000 shares, representing 7.22% of total shares, with 12,256,000 shares pledged[108]. - The company plans to lift the lock-up period for certain restricted shares on July 29, 2024[104]. - The company has extended the lock-up period for shares due to price-triggered commitments[105]. Cash Flow and Investments - The net cash flow from financing activities increased significantly by 305.65% to CNY 582.87 million, largely due to the public issuance of shares[51]. - The cash inflow from investment activities was CNY 805,860,708.45, compared to CNY 22,875,604.13 in the previous year, indicating a substantial increase[149]. - The total cash outflow for investment activities was 702,648,937.75 RMB, compared to 40,713,851.99 RMB in the previous year[155]. - The company received CNY 866,940,000.00 from new investments during the first half of 2021[155]. Compliance and Accounting - The financial statements were prepared based on the going concern assumption, adhering to the relevant accounting standards[181]. - The company's financial statements comply with the requirements of the enterprise accounting standards, reflecting the financial position, operating results, changes in equity, and cash flows accurately[187]. - The accounting policies are based on the accrual basis, with historical cost as the measurement basis, except for certain financial instruments measured at fair value[183]. - The group recognizes financial assets or liabilities when it becomes a party to a financial instrument contract[200].