Financial Performance - The company's operating revenue for 2021 was RMB 382,000,137.03, representing a 52.56% increase compared to RMB 250,399,501.97 in 2020[20]. - The net profit attributable to shareholders for 2021 was RMB 75,539,102.26, up 58.23% from RMB 47,740,797.49 in 2020[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 65,218,599.61, reflecting a 73.53% increase from RMB 37,584,273.43 in 2020[20]. - The net cash flow from operating activities for 2021 was RMB 44,812,668.69, a significant increase of 90.46% compared to RMB 23,528,354.56 in 2020[20]. - As of the end of 2021, the net assets attributable to shareholders were RMB 770,076,330.47, an 8.78% increase from RMB 707,906,229.13 at the end of 2020[20]. - The total assets at the end of 2021 reached RMB 1,004,559,208.33, marking a 14.31% increase from RMB 878,794,589.11 at the end of 2020[20]. - Basic and diluted earnings per share rose to 0.82 RMB, reflecting a year-on-year increase of 28.13%[21]. - The company's gross profit margin for 2021 was 37.52%, a decrease of 7.59% year-on-year, attributed to temporary facility amortization and equipment depreciation costs incurred during the pandemic[122]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, totaling RMB 27,552,000.00 (including tax) based on a total share capital of 91,840,000 shares as of December 31, 2021, resulting in a cash dividend payout ratio of 36.47%[6]. - The independent directors have expressed clear agreement with the profit distribution plan, which is subject to approval at the annual shareholders' meeting[6]. - The company has not proposed any stock dividends or capital reserve transfers for the year[6]. - In 2020, the company distributed cash dividends of RMB 2.0 per 10 shares, totaling RMB 18.368 million[200]. Research and Development - The company's R&D expenditure accounted for 4.18% of operating revenue, a decrease of 0.28 percentage points from the previous year[22]. - Research and development expenses amounted to CNY 15.95 million, representing 4.18% of operating revenue, with 31 patents applied for during the reporting period[45]. - The company increased its R&D investment by 42.80% in 2021, totaling ¥15,949,008.29, compared to ¥11,169,090.59 in the previous year[88]. - The company holds a total of 99 patents, including 16 invention patents and 81 utility model patents, as of the end of the reporting period[85]. - During the reporting period, the company applied for and was granted 31 new patents, including 3 invention patents and 28 utility model patents[85]. Risk Management - The company has detailed potential risks in its annual report, emphasizing the importance of risk awareness for investors[4]. - The company has a comprehensive risk statement regarding forward-looking statements, cautioning investors about potential uncertainties[7]. - The company is exposed to risks related to raw material price fluctuations, which could impact profitability, and plans to adjust procurement policies accordingly[108]. - The company faces risks from concentrated market regions, particularly in the Yangtze River Delta, and aims to diversify its resource utilization projects to enhance sustainability[109]. - The company is actively monitoring industry policies and competition, adapting its strategies to mitigate risks from potential changes in the regulatory environment and increasing competition[112][113]. Corporate Governance - The company has a structured governance framework in place, ensuring accountability and transparency in its operations[8]. - The company has established a robust corporate governance structure, holding three shareholder meetings in 2021 to ensure compliance with legal and regulatory requirements[164]. - The board of directors convened eight meetings in 2021, ensuring effective decision-making and adherence to governance protocols[164]. - The company has implemented a management system for insider information, ensuring confidentiality and compliance with disclosure regulations[167]. - The company is committed to investor relations management, enhancing communication with shareholders and addressing their concerns[166]. Market Expansion and Strategy - The company is focusing on the resource utilization of organic and inorganic high-water-content waste, particularly through the transformation of organic waste into feed products[153]. - The company plans to expand its business through mergers and acquisitions in the solid waste treatment sector, enhancing its capabilities in both organic and inorganic waste processing[154]. - The company is deepening cooperation with major liquor enterprises to secure long-term supply agreements, thereby increasing its market share in wine lees acquisition[159]. - The company is exploring partnerships with local firms to strengthen its supply chain and reduce costs by 15%[181]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[182]. Environmental and Technological Innovations - The company has developed a core technology system for sludge dewatering and solidification, which includes 9 invention patents and 55 utility model patents[18]. - The company’s insect protein feed production, initiated in September 2021, utilizes insect and microbial degradation technology to convert organic waste into high-value insect protein feed[56]. - The company has developed synthetic soil from dewatered sludge, meeting the standards for greening planting soil as per CJ/T 340-2016[82]. - The company has implemented a high-efficiency thermal drying process for sludge, allowing for energy recovery during combustion in power plant boilers[82]. - The company’s innovative technologies enhance the efficiency of solid-liquid separation and organic matter degradation, contributing to sustainable waste management solutions[82].

Financial Performance - The company's operating revenue for 2021 was RMB 382,000,137.03, representing a 52.56% increase compared to RMB 250,399,501.97 in 2020[20]. - The net profit attributable to shareholders for 2021 was RMB 75,539,102.26, up 58.23% from RMB 47,740,797.49 in 2020[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 65,218,599.61, reflecting a 73.53% increase from RMB 37,584,273.43 in 2020[20]. - The net cash flow from operating activities for 2021 was RMB 44,812,668.69, a significant increase of 90.46% compared to RMB 23,528,354.56 in 2020[20]. - As of the end of 2021, the net assets attributable to shareholders were RMB 770,076,330.47, an 8.78% increase from RMB 707,906,229.13 at the end of 2020[20]. - The total assets at the end of 2021 amounted to RMB 1,004,559,208.33, which is a 14.31% increase from RMB 878,794,589.11 at the end of 2020[20]. - Basic and diluted earnings per share rose to 0.82 RMB, reflecting a year-on-year increase of 28.13%[21]. - The company's gross profit margin for 2021 was 37.52%, a decrease of 7.59% year-on-year, attributed to temporary facility amortization and equipment depreciation costs incurred during the pandemic[122]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, totaling RMB 27,552,000.00 (including tax) based on a total share capital of 91,840,000 shares as of December 31, 2021, resulting in a cash dividend payout ratio of 36.47%[6]. - The company has a cash dividend policy in place to ensure sustainable returns to investors, as outlined in its three-year shareholder return plan[200]. - In 2020, the company distributed cash dividends of RMB 2.0 per 10 shares, totaling RMB 18.368 million[200]. Research and Development - The company's R&D expenditure accounted for 4.18% of operating revenue, a decrease of 0.28 percentage points from the previous year[22]. - The company increased its R&D investment by 42.80% in 2021, totaling ¥15,949,008.29, compared to ¥11,169,090.59 in the previous year[88]. - Research and development expenses increased by 20%, totaling $100 million, to support new technology initiatives[181]. - The company has developed a core technology system for sludge dewatering and solidification, which includes 9 invention patents and 55 utility model patents[12]. - The company holds a total of 99 patents, including 16 invention patents and 81 utility model patents, as of the end of the reporting period[85]. Market Expansion and Strategy - The company has a strategic focus on expanding its market presence and enhancing its technological capabilities in environmental management[11]. - The company plans to continue expanding its business in sludge treatment and functional feed products in line with national policies[22]. - The company is focusing on expanding its market presence through direct sales and distributor partnerships, enhancing its operational efficiency in the sludge treatment sector[60]. - The company is exploring trade pathways for insect protein feed to expand its revenue and achieve economies of scale in the short term[160]. - The company plans to invest 300 million RMB in R&D over the next two years to further enhance its technological edge[175]. Risk Management - The company has detailed potential risks in its annual report, emphasizing the importance of risk awareness for investors[4]. - The company is exposed to risks related to raw material price fluctuations, which could impact profitability, and plans to adjust procurement policies accordingly[108]. - The company faces risks from concentrated market regions, particularly in the Yangtze River Delta, and aims to diversify its resource utilization projects[109]. - The company is aware of potential industry policy changes that could affect its market environment and is committed to adapting its strategies accordingly[112]. Corporate Governance - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations, and has held three shareholder meetings in 2021[163]. - The board of directors convened eight meetings in 2021, adhering to governance rules and ensuring effective decision-making processes[164]. - The company has implemented a comprehensive information disclosure management system to ensure transparency and protect the rights of minority shareholders[166]. - The company maintains independence from its controlling shareholder, ensuring no interference in decision-making or operations[166]. Environmental Focus - The company is focused on environmental technology, particularly in the treatment of high-water-content waste materials, which includes river and lake sludge, engineering mud, and organic residues[11]. - The company aims to achieve a reduction in waste and promote harmless and stable resource utilization through its innovative technologies[12]. - The company is strategically positioned to benefit from supportive environmental policies and regulations, which are expected to drive rapid growth in the sludge treatment industry[75]. - The company is leveraging advanced fermentation technologies to convert liquor lees into high-value biological feed, contributing to a circular economy and reducing reliance on traditional feed sources[66]. Operational Efficiency - The company has established several subsidiaries to enhance its operational capabilities and market reach[11]. - The company has implemented cost control measures by using self-developed materials and direct procurement strategies, which help reduce purchasing costs[103]. - The company is actively enhancing its talent pool by recruiting high-end professionals in animal nutrition and biological fermentation[46]. - The company has established long-term supply agreements with major liquor enterprises, securing a stable source of high-water-content organic waste, particularly from liquor production[101].

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 2021 年第三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。 公司负责人季光明、主管会计工作负责人胡卫庭及会计机构负责人（会计主管人员）秦学仁保证 2021 年第三季度报告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 路德环境科技股份有限公司 2021 年第三季度报告 证券代码：688156 证券简称：路德环境 路德环境科技股份有限公司 2021 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、准确性和完整性依法承担法律责任。 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 | | | 本报告期比上年 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 同期增减变动幅 | 年初至报告期末 | 比上年同期增减 | | | | 度(%) | | 变动幅度(%) | | 营业收入 | 88,285,797 ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 20%[14]. - The company's operating revenue for the first half of the year reached ¥147,851,457.25, representing an increase of 80.83% compared to the same period last year[21]. - Net profit attributable to shareholders increased by 942.14% to ¥30,548,302.38, while the net profit after deducting non-recurring gains and losses rose by 771.75% to ¥22,998,487.86[21][23]. - The basic and diluted earnings per share increased by 725.00% to ¥0.33, primarily due to a low base from the previous year[22][23]. - The company reported a significant increase in revenue for the first half of 2021, achieving a total of 500 million RMB, representing a 25% growth compared to the same period in 2020[114]. - The company reported a net profit margin of 15% for the first half of 2021, an improvement from 12% in the previous year[115]. - The company achieved operating revenue of 147.85 million RMB, an increase of 80.83% compared to the same period last year[81]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan for the first half of 2021, representing a year-over-year growth of 25%[126]. User Growth - User data indicates a growth in active users by 15%, reaching a total of 1.2 million users[14]. - User data showed an increase in active users, reaching 1.2 million, which is a 30% increase year-over-year[115]. - User data showed an increase in active users, reaching 3 million by the end of June 2021, which is a 15% increase compared to the previous year[127]. Research and Development - The company has allocated RMB 50 million for research and development in the next fiscal year[14]. - Research and development expenses accounted for 4.24% of operating revenue, up from 3.57% in the previous year, indicating a focus on innovation[22]. - The company achieved a total R&D investment of ¥6,261,859.55, representing a 114.31% increase compared to the previous period's ¥2,921,937.69[49]. - R&D expenses increased by 114.31% to 6.26 million yuan, indicating a focus on ongoing project investments[82]. - The company is focusing on the development of solid-state fermentation technology, which utilizes microbial growth to process organic waste[46]. - The company applied for 10 new patents and received 6 authorized patents during the reporting period, bringing the total number of patents to 105, including 16 invention patents[47]. Market Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[14]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[126]. - Market expansion plans include entering two new regions by the end of 2021, which is anticipated to increase market share by 5%[116]. Strategic Initiatives - The company has no plans for mergers or acquisitions in the near term, focusing instead on organic growth strategies[14]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach, with a budget of 500 million yuan allocated for this purpose[126]. - The management emphasized the importance of sustainability in their new strategies, aiming for a 50% reduction in carbon footprint by 2025[115]. - The company plans to pursue strategic acquisitions to enhance its technology portfolio, with a budget of 200 million RMB allocated for potential targets[114]. Operational Efficiency - The company aims to reduce operational costs by 15% through improved efficiency measures implemented in the first half of 2021[127]. - The company has achieved a 20% increase in production capacity through the development of a new automatic packaging and stacking system, which has improved dust removal efficiency[55]. Financial Health - Total assets grew by 5.56% to ¥927,631,543.33, while net assets attributable to shareholders increased by 1.77% to ¥720,423,216.51[21]. - The company's cash flow from operating activities decreased by 91.41% to ¥1,397,991.30, attributed to an increase in receivables and cash outflows from new projects[23]. - The company has a total of RMB 61,324,846.41 in restricted assets, including cash, receivables, fixed assets, and intangible assets[87]. - The company reported a total expected amount for daily related party transactions not exceeding RMB 2.91 million for the year 2021[129]. Compliance and Governance - The management team emphasized the importance of compliance with regulatory requirements, ensuring that all operations adhere to the latest financial regulations[116]. - The company has committed to maintaining transparency in its financial reporting and ensuring compliance with regulatory standards to protect shareholder interests[127]. - The company will ensure that the control arrangements are disclosed and maintained for stable operations after the lock-up period[110]. Environmental Commitment - The company is engaged in water environment governance and solid waste treatment, utilizing self-developed technologies for sludge treatment and resource utilization[29]. - The company has committed to sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025, which aligns with global environmental standards[116]. - The company has implemented pollution prevention measures to ensure that pollutants meet the discharge standards, including wastewater treatment that complies with GB8978-1996[104]. Shareholder Relations - The company will communicate with shareholders, especially small and medium shareholders, through various channels to address their concerns[120]. - The company will publicly apologize if it fails to implement the share repurchase commitment and explain the reasons[120]. - The company has implemented a stock incentive plan, granting 1.706 million shares at a price of 12 RMB per share to 35 individuals[68].

二、 公司基本情况 2.1 主要财务数据 | | | | 单位：元 币种：人民币 | | | | --- | --- | --- | --- | --- | --- | | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | | | | | 减(%) | | | | 总资产 | 890,318,012.76 | 878,794,589.11 | | | 1.31 | | 归属于上市公司股东的净资 | 716,291,493.12 | 707,906,229.13 | | | 1.18 | | 产 | | | | | | | | 年初至报告期末 | 上年初至上年报 | 比上年同期增减(%) | | | | | | 告期末 | | | | | 经营活动产生的现金流量净 额 | -10,564,186.20 | 4,503,881.95 | | | -334.56 | | | 年初至报告期末 | 上年初至上年报 | 比上年同期增减（%） | | | | | | 告期末 | | | | | 营业收入 | 49,486,781.28 | 16,999,778.68 | | | 191.10 | | 归 ...

Financial Performance - The company's operating revenue for 2020 was approximately ¥250.40 million, a decrease of 17.55% compared to ¥303.69 million in 2019[22]. - Net profit attributable to shareholders increased by 8.36% to ¥47.74 million, up from ¥44.06 million in the previous year[22]. - The net cash flow from operating activities decreased by 22.86% to ¥23.53 million, primarily due to the impact of the COVID-19 pandemic[24]. - The company's total assets increased by 66.79% to ¥878.79 million, compared to ¥526.87 million at the end of 2019[22]. - The net assets attributable to shareholders grew by 110.69% to ¥707.91 million, up from ¥335.99 million in 2019[22]. - Basic earnings per share remained stable at ¥0.64, with diluted earnings per share also at ¥0.64[23]. - The overall performance was affected by the pandemic, with significant revenue decline in the first half of the year, although recovery was noted in the second half[24]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2020, representing a year-over-year growth of 25%[158]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 2.00 per 10 shares, totaling RMB 18,368,000.00, with a cash dividend ratio of 38.47% for the year[5]. - In 2020, the company distributed a cash dividend of 2.00 CNY per share, totaling 18,368,000 CNY, with a net profit attributable to ordinary shareholders of 47,740,797.49 CNY, representing a payout ratio of 38.47%[152]. - The company is committed to maintaining a dividend payout ratio of 30% of net income, ensuring returns to shareholders[158]. Research and Development - The proportion of R&D investment to operating revenue increased to 4.46%, up from 3.61% in 2019[23]. - Total R&D investment for the year was ¥11,169,090.59, an increase of 1.98% from the previous year's ¥10,952,676.07[62]. - The company applied for 33 new patents during the reporting period and was granted 26, including 2 invention patents and 24 utility model patents[60]. - The company is investing in the development of innovative environmental technology equipment, which is expected to drive future growth[38]. - The company aims to expand the application of its organic residue microbial solid-state fermentation technology to other industrial residues beyond the current scope[74]. Operational Efficiency and Technology - The company has adopted a factory-based operational model, which enhances efficiency and scalability in waste treatment services[40]. - The company’s core technology system for sludge dewatering and solidification has been applied in over ten industrial projects, indicating strong market adoption[74]. - The company has established a comprehensive quality assurance system, ensuring product quality meets customer requirements throughout the entire lifecycle[199]. - The company has implemented a complete procurement internal control management system, ensuring timely product delivery and quality control[197]. Market Expansion and Strategic Initiatives - The company plans to continue expanding its market presence through strategic partnerships and potential acquisitions in the environmental services sector[39]. - The company is focusing on expanding its market presence in nine provinces, including Hubei, Zhejiang, and Guangdong, to enhance its competitive advantage in industrial solid waste treatment[141]. - The company established a joint venture with Changjiang Ecological Environmental Protection Group, focusing on water environment governance and solid waste disposal in the Yangtze River Economic Belt[84]. - The company is exploring strategic acquisitions to bolster its technology capabilities, with a budget of 500 million RMB allocated for potential deals[156]. Compliance and Governance - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures in providing guarantees[7]. - The company has a robust decision-making structure that protects the rights of shareholders and creditors, ensuring fair treatment of all investors[195]. - The company will adhere strictly to regulations regarding stock reduction as stipulated by the China Securities Regulatory Commission[157]. Environmental and Social Responsibility - The company actively fulfilled social responsibilities during the COVID-19 pandemic, donating RMB 100,000 and maintaining salary payments without layoffs[200]. - The company has taken measures to manage and treat pollutants effectively, ensuring compliance with environmental standards[200]. - The company has not been classified as a high-pollution industry, with minimal pollutant emissions during production[200]. Challenges and Risks - The company has detailed various operational risks and corresponding countermeasures in the report, emphasizing the importance of investor awareness regarding investment risks[4]. - The company faced challenges in project receivables and increased acceptance bills with a one-year maturity, impacting cash flow[24]. - The company plans to enhance its procurement policies to manage risks related to fluctuations in raw material prices, which include calcium carbide slag, fly ash, and distiller's grains[92].

Financial Performance - The company's operating revenue for 2020 was approximately ¥250.40 million, a decrease of 17.55% compared to ¥303.69 million in 2019[22]. - Net profit attributable to shareholders increased by 8.36% to ¥47.74 million, up from ¥44.06 million in the previous year[22]. - The net cash flow from operating activities decreased by 22.86% to ¥23.53 million, primarily due to the impact of the COVID-19 pandemic[24]. - The company's total assets increased by 66.79% to ¥878.79 million, driven by the funds raised from the initial public offering[24]. - The net assets attributable to shareholders grew by 110.69% to ¥707.91 million, reflecting the increase in capital from the IPO[24]. - Basic earnings per share remained stable at ¥0.64, with diluted earnings per share also at ¥0.64[23]. - The proportion of R&D investment to operating revenue increased to 4.46%, up from 3.61% in 2019[23]. - The net profit after deducting non-recurring gains and losses decreased by 12.52% to ¥37.58 million[22]. - The weighted average return on net assets decreased by 3.20 percentage points to 10.83%[23]. - The company achieved a solidification strength of over 100 kPa for dewatered sludge within 7 days, indicating strong performance in resource utilization[58]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 2.00 per 10 shares, totaling RMB 18,368,000.00, with a cash dividend ratio of 38.47% for the year[5]. - The company has not proposed any stock bonus or capital reserve transfer to increase share capital for the year[5]. - In 2020, the company distributed a cash dividend of 2.00 CNY per share, totaling 18,368,000 CNY, with a net profit attributable to ordinary shareholders of 47,740,797.49 CNY, representing a payout ratio of 38.47%[152]. - The company did not propose any cash profit distribution plan for the reporting period despite having positive distributable profits for ordinary shareholders[153]. Operational Risks and Compliance - The company has detailed various operational risks and corresponding countermeasures in the report[4]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures for providing guarantees[7]. - The company emphasizes the importance of accurate and complete financial reporting, as confirmed by the audit report from Da Xin Accounting Firm[7]. - The company has not reported any instances of non-compliance with performance commitments or significant asset impairment during the reporting period[168]. Technology and Innovation - The company has a core technology system for sludge dewatering and solidification integration, which includes multiple patents and proprietary technologies[11]. - The company focuses on high-water-content waste management, including river and lake sludge, engineering mud, and industrial residue[11]. - The company has developed core technologies such as integrated sludge dewatering and solidification, which have been recognized as internationally advanced and are crucial for handling high-water-content waste[50]. - The company’s technology for microbial solid-state fermentation of industrial residues is positioned to alleviate feed supply shortages in the livestock industry while addressing environmental concerns[48]. - The company has implemented a high-pressure gas return system during the dehydration process, improving feed efficiency and material utilization[58]. - The company has established a comprehensive environmental management system to enhance project management capabilities and provide a basis for new project development[66]. Market Expansion and Strategic Partnerships - The company plans to actively expand its business nationwide to reduce regional concentration risks[108]. - The company is focusing on expanding its market presence in nine provinces, including Hubei, Zhejiang, and Guangdong, to strengthen its competitive advantage in industrial solid waste treatment[141]. - The company established a joint venture with Changjiang Ecological Environmental Group to enhance its capabilities in water environment governance and solid waste disposal[84]. - The company has established a joint venture with the government of Renhuai City to develop a project for the resource utilization of distiller's grains, expected to significantly increase the volume of environmental treatment and bio-feed production[141]. Research and Development - Total R&D expenditure for the year was ¥11,169,090.59, an increase of 1.98% from the previous year's ¥10,952,676.07[62]. - The company applied for 33 new patents during the reporting period and was granted 26, including 2 invention patents and 24 utility model patents[60]. - The company has a total of 35 new patent technologies added during the reporting period, including 4 invention patents and 31 utility model patents[60]. - The company is currently working on several projects, including a total investment of ¥500,000 for the alkali residue treatment and resource utilization project, with ¥191,990 invested to date[65]. Environmental and Social Responsibility - The company actively fulfilled social responsibilities during the COVID-19 pandemic, donating RMB 100,000 and maintaining salary payments without layoffs[200]. - The company has taken measures to treat pollutants to meet environmental discharge standards, ensuring compliance with national regulations[200]. - The company has optimized its employee training programs to stimulate innovation and improve employee development[196]. - The company participates in social security systems, providing various insurance benefits to employees, enhancing their sense of value and belonging[196]. Financial Management and Capital Structure - The company reported a significant increase in capital reserves to ¥466,122,814.90, up 182.66% from the previous period, attributed to funds raised from the IPO[125]. - The company has a total guarantee amount of RMB 1,000.00 million, which accounts for 1.35% of the company's net assets[184]. - The company has invested RMB 28,298.51 million in bank wealth management products using idle raised funds, with no overdue amounts[187]. - The company has approved the use of idle raised funds for cash management, with a limit not exceeding RMB 324,174,840.48, valid for 12 months from the board's approval date[187].

2020 年第三季度报告 公司代码：688156 公司简称：路德环境 路德环境科技股份有限公司 2020 年第三季度报告 1 / 29 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 8 | | 四、 | 附录 | 11 | 2020 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 3 / 29 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年 度末增减(%) 总资产 830,892,498.48 526,872,483.00 57.70 归属于上市公司股 东的净资产 682,512,134.59 335,990,591.16 103.13 年初至报告期末 （1-9 月） 上年初至上年报告期 末（1-9 月） 比上年同期增减(%) 经营活动产生的现 金流量净额 12,586,335.92 -4,414,386.59 385.12 年初至报告期末 （1-9 月） 上年初至上年报告期 末（1-9 月） 比上年同期增减（%） 营业收入 150,462,403.57 240,568, ...