Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[12]. - The net profit attributable to shareholders was 80 million CNY, up 20% compared to the same period last year[12]. - The company's operating revenue increased by 36.40% year-on-year, reaching approximately CNY 525.93 million[20]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, rose by 43.16% year-on-year, amounting to approximately CNY 23.79 million[20]. - Basic earnings per share increased by 16.67% to CNY 0.21 compared to the same period last year[19]. - The net cash flow from operating activities was approximately CNY 45.68 million, a significant recovery from a negative cash flow of CNY -126.34 million in the previous year[20]. - The total assets increased by 7.24% to approximately CNY 2.09 billion compared to the end of the previous year[20]. - The net profit attributable to shareholders reached 27.53 million yuan, up 15.21% year-on-year[58]. - The company reported a significant increase in revenue for the fiscal year 2021, with a total revenue of 1.2 billion, representing a growth of 15% year-over-year[80]. Research and Development - The company has allocated 50 million CNY for research and development in the next fiscal year to innovate in environmental technologies[12]. - The company reported a total R&D investment of CNY 2,070.99 million for the current period, representing a 44.73% increase compared to CNY 1,430.98 million in the same period last year[36]. - Research and development expenses accounted for 3.94% of operating revenue, an increase of 0.23 percentage points[19]. - The company has developed proprietary technologies for sludge and wastewater treatment, enhancing operational efficiency and environmental sustainability[27]. - The number of R&D personnel increased to 132, representing 14.46% of the total workforce, up from 12.20% in the previous year[50]. - The total compensation for R&D personnel reached RMB 1,288.37 million, with an average salary of RMB 9.76 million, compared to RMB 1,076.15 million and RMB 9.12 million in the previous year[50]. - The company invested 20.71 million yuan in R&D, marking a 44.73% increase compared to the previous year[59]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in international sales by 2023[12]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance market share by 15%[12]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million earmarked for potential deals[104]. - Market expansion plans include entering three new international markets by the end of 2023, targeting a 10% market share in each[104]. - The company has set a revenue target of 1.2 billion CNY for the full year 2022, which would require a 10% increase in the second half[12]. Environmental Commitment - The company focuses on comprehensive solid waste pollution control and environmental remediation services, providing integrated solutions for local governments and large enterprises[25]. - The company actively engaged in medical waste disposal during the pandemic, ensuring environmental protection and supporting local epidemic control efforts[61]. - The company has established a comprehensive environmental monitoring plan, with all monitored projects meeting the required standards[90]. - The company has been recognized as the vice president unit of the Anhui Provincial Ecological Environment Protection Association, reflecting its commitment to environmental responsibility[93]. - The company is involved in various environmental projects, including a 10,000-ton manganese sulfate production project and a 60,000-ton waste oil regeneration project[88]. Compliance and Governance - The management highlighted potential risks including regulatory changes that could impact operational costs[12]. - The company faces risks related to technology talent retention, project revenue fluctuations, and macroeconomic uncertainties[63][65]. - The company has committed to not increasing salaries or allowances for directors and senior management until all unfulfilled commitments are resolved[109]. - The company has established measures to ensure compliance with commitments to protect the rights of minority investors[109]. - The company will assume all legal responsibilities if it fails to fulfill its commitments regarding the initial public offering[106]. Shareholder and Stock Management - The company has committed to not transferring or entrusting the management of its publicly issued shares for 36 months from the date of its stock listing, which started on May 8, 2020[97]. - The company will not repurchase the aforementioned shares during the lock-up period, and after the lock-up period, the annual transfer of shares by directors, supervisors, or senior management will not exceed 25% of their total holdings[97]. - The company’s major shareholders have committed to not reducing their holdings for 36 months from the listing date, ensuring stability in shareholding[98]. - The company has established a framework for managing share transfers post-lock-up to ensure market stability and investor trust[98]. Financial Position - The total liabilities increased to CNY 990,619,548.46, up from CNY 860,877,974.01, indicating a rise of approximately 15.1%[140]. - The total equity attributable to shareholders reached CNY 1,089,826,151.37, compared to CNY 1,077,928,480.38, a growth of 1.1%[140]. - The company has a cash balance of 469,290,732.23 RMB, an increase from 354,747,564.48 RMB at the beginning of the period[138]. - The company reported a significant legal judgment requiring compensation of 13.0016 million yuan due to an infringement case, which is a final ruling[112]. - The company has not faced any major litigation or arbitration matters during the reporting period[112].

2022 年第一季度报告 证券代码：688679 证券简称：通源环境 安徽省通源环境节能股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期 | | --- | --- | --- | | | | 增减变动幅度(%) | | 营业收入 | 209,960,508.36 | 53.28 | | 归属于上市公司股东的净 | -1,359,392.08 | 不适用 | | 利润 | | | | 归属于上市公司股东的扣 | -4,455,775.84 | 不适用 | ...

Financial Performance - In 2021, the company achieved operating revenue of 962.29 million yuan, an increase of 12.75% compared to the previous year[4] - The net profit attributable to shareholders was 50.13 million yuan, a decrease of 44.56% year-on-year, primarily due to intensified market competition and rising material and subcontracting costs[4] - The company's operating revenue for 2021 was CNY 962,288,251.40, representing a 12.75% increase from CNY 853,496,821.48 in 2020[20] - The net profit attributable to shareholders for 2021 was CNY 50,127,570.35, a decrease of 44.56% compared to CNY 90,421,649.55 in 2020[20] - The net profit after deducting non-recurring gains and losses was CNY 29,844,676.73, down 66.62% from CNY 89,421,748.86 in 2020[20] - The basic earnings per share for 2021 were CNY 0.38, a decline of 58.70% from CNY 0.92 in 2020[21] - The weighted average return on equity for 2021 was 4.68%, down from 13.21% in 2020[21] - The net cash flow from operating activities for 2021 was negative CNY 136,589,040.30, compared to positive CNY 102,982,306.62 in 2020[20] - The gross profit margin for the ecological protection and environmental governance industry decreased by 6.72 percentage points to 21.20%[82] Dividend and Shareholder Information - The company plans to distribute a cash dividend of 1.20 yuan per 10 shares, totaling approximately 15.80 million yuan, which accounts for 31.53% of the net profit attributable to shareholders[5] - The company has not proposed any stock dividends or capital reserve transfers to increase share capital for the 2021 fiscal year[5] - The company’s board has approved the 2021 annual profit distribution plan, pending shareholder approval[151] Risks and Challenges - The company faces risks related to significant fluctuations in material prices and intensified industry competition, which could lead to a decline in market share and gross profit margin[4] - The company faces risks related to increased material costs and intensified market competition, which could impact future profitability[73] - Accounts receivable are significantly high, with collection delays impacting cash flow due to government payment pressures[75] - The company faces risks related to technology talent retention and potential leakage of core technology, which could adversely affect future operations[74] Research and Development - Research and development expenses accounted for 3.63% of operating revenue in 2021, slightly down from 3.76% in 2020[21] - The total R&D investment for the year was CNY 34.96 million, an increase of 8.82% compared to CNY 32.12 million in the previous year[53] - The company has increased its R&D investment, focusing on integrated wastewater treatment solutions for rural areas, and has developed new modular treatment devices[32] - A total of 76 intellectual property applications were filed during the reporting period, including 24 invention patents and 52 utility model patents, with 72 patents granted[33] - The company has 189 intellectual property rights, including 19 authorized invention patents, showcasing its strong R&D capabilities in solid waste treatment technologies[49] Market and Industry Trends - The environmental service industry in China generated approximately 1.95 trillion yuan in revenue in 2021, with a growth rate of about 7.3% compared to 2019[40] - The market for solid waste treatment and water environment restoration is expected to exceed 3 trillion yuan by 2025, with a compound annual growth rate of around 10% during the 14th Five-Year Plan period[40] - The company’s operational service pricing is determined through a bidding process, considering project service costs and market competition[39] Corporate Governance - The company has improved its corporate governance structure in compliance with relevant laws and regulations, ensuring fair and timely information disclosure[115] - The board of directors has established four specialized committees: Strategy Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee to enhance decision-making efficiency[115] - The company has maintained compliance with the requirements for the use of raised funds and their reporting[118] Employee and Talent Management - The company has 118 R&D personnel, accounting for 12.21% of the total workforce, with an average salary of RMB 17.93 million[69] - The company emphasizes employee training and development, with annual training plans tailored to different levels and positions[149] - The company has implemented a competitive salary system linked to individual performance and company operating indicators, providing various employee benefits[148] Environmental Commitment - The company emphasizes its commitment to ESG principles, actively participating in social responsibility initiatives and striving to create long-term value for society and the environment[157] - The company has integrated environmental protection into its development strategy, focusing on compliance with environmental laws and increasing investment in environmental protection[158] - The company actively supports national goals of "carbon peak and carbon neutrality" through energy-saving management and employee awareness initiatives[158] Social Responsibility - The company donated CNY 27.8 million to various charitable causes during the reporting period[176] - The company has actively participated in social welfare activities, including donations to support education for underprivileged students[177] Future Outlook - The company provided guidance for 2022, projecting revenue growth of 10% to 12%, aiming for a total revenue between 1.32 billion and 1.344 billion[127] - New product launches are expected to contribute an additional 200 million in revenue in 2022, focusing on innovative technology solutions[128] - The company plans to enter two new international markets by the end of 2022, aiming for a revenue contribution of 100 million from these regions[126]

2021 年第三季度报告 证券代码：688679 证券简称：通源环境 安徽省通源环境节能股份有限公司 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 非经常性损益项目和金额 2 / 15 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 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 一、 主要财务数据 主要会计数据和财务指标 1 / 15 单位：元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 263,728,158.18 22.71 649,294,187.37 25.28 归属于上市公司股东 的净利润 5,704,273.25 -79.12 29,596,590.29 -4 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2021, representing a year-on-year growth of 25%[16]. - The company's operating revenue for the first half of 2021 was ¥385,566,029.19, representing a 27.09% increase compared to ¥303,371,650.56 in the same period last year[21]. - Net profit attributable to shareholders decreased by 12.13% to ¥23,892,317.04 from ¥27,189,274.07 year-on-year[21]. - The net profit after deducting non-recurring gains and losses fell by 34.59% to ¥16,616,824.51, primarily due to a decrease in government subsidies received compared to the previous year[22]. - The basic earnings per share decreased by 35.71% to ¥0.18 from ¥0.28 in the same period last year[22]. - The weighted average return on equity decreased by 1.96 percentage points to 2.22% from 4.18% year-on-year[22]. - The net cash flow from operating activities was negative at -¥126,340,862.13, a significant decline from -¥13,557,203.61 in the previous period[21][23]. - Total assets decreased by 8.52% to ¥1,685,905,496.76 from ¥1,842,831,101.13 at the end of the previous year[21]. - The company's total revenue for the first half of 2021 was CNY 366,529,476.13, with a net profit of CNY 19,637,954.40[173]. - The total comprehensive income for the current period is 23,892,317.04 CNY, with a decrease of 438,077.46 CNY compared to the previous period[171]. Research and Development - The company has allocated 100 million RMB for research and development in the next fiscal year, focusing on sustainable environmental technologies[16]. - The company's total R&D investment reached CNY 1,430.98 million, an increase of 10.01% compared to the previous period[43]. - R&D investment accounted for 3.71% of total operating revenue, a decrease of 0.58 percentage points from the previous year[44]. - The company has developed core technologies for solid waste pollution barrier remediation and integrated treatment of river and lake sediment, enhancing its service offerings[29][30]. - The company has applied for 48 new intellectual property rights during the reporting period, including 15 invention patents[41]. - The number of R&D personnel decreased to 118, accounting for 12.20% of the total workforce, down from 14.86% in the previous period[54]. - Total compensation for R&D personnel increased to 1,076.15 million RMB, with an average salary of 9.12 million RMB, up from 7.08 million RMB[54]. - The company is focusing on the development of new technologies, including a new integrated sewage treatment technology based on MBBR+HFCW processes[51]. Market Expansion and Strategy - The company is planning market expansion into three new provinces, aiming to increase its market share by 10% in these regions by the end of 2022[16]. - The company has completed a strategic acquisition of a local competitor, which is projected to enhance its service capabilities and increase market penetration by 5%[16]. - The company is focusing on expanding its marketing efforts and optimizing its marketing personnel structure to increase market share in water environment governance[59]. - The company is planning market expansion with an investment of 2,100.00 million aimed at increasing market share[16]. - The company has secured a new contract for the design and construction of a solid waste pollution control project, further solidifying its market position[59]. Environmental Compliance and Governance - The company has maintained a strong governance structure, with all board members present at the meeting, ensuring accountability and transparency[5]. - The management has identified potential risks including regulatory changes and market competition, which are detailed in the risk factors section of the report[4]. - The company has established comprehensive pollution prevention facilities across its subsidiaries, ensuring compliance with relevant standards for pollutant emissions[90]. - The company has received an administrative penalty of 20,000 yuan for violating the Water Pollution Prevention Law due to improper discharge of mixed wastewater[95]. - The company has developed emergency response plans for environmental incidents in accordance with legal requirements and has submitted them for local ecological environment management department approval[93]. - The company has implemented an environmental self-monitoring plan across its subsidiaries, adhering strictly to monitoring protocols[94]. - The company has established a monitoring system to ensure compliance with environmental regulations and standards[94]. Shareholder and Equity Management - The company has committed to not transferring or managing its shares for 36 months post-IPO, with specific restrictions on share sales for key personnel[99]. - The company has outlined a structured plan for share transfers, limiting annual transfers to 25% of total holdings during the tenure of the partners[103]. - The lock-up period for shares will automatically extend by 6 months if the closing price falls below the issue price for 20 consecutive trading days[103]. - The company guarantees that the public offering of shares does not involve any fraudulent issuance[106]. - The company will accept all legal responsibilities if it fails to fulfill the commitments made regarding profit distribution and shareholder returns[106]. - The company will disclose specific reasons for any failure to fulfill commitments in a timely and sufficient manner[109]. - The company will extend the lock-up period for shares held by individuals who fail to fulfill commitments until all adverse effects are eliminated[109]. Financial Liabilities and Transactions - The total liabilities reported were 10,561.51 million, with a focus on reducing debt levels in the upcoming fiscal year[16]. - The company reported a total guarantee amount of 28,157.00 million RMB, which accounts for 26.27% of the company's net assets[120]. - The total amount of related party transactions in the first half of 2021 was 2.974 million RMB, accounting for 0.77% of the company's main business income[115]. - The company has not disclosed any temporary announcements related to asset acquisitions or share purchases during the reporting period[116]. - The company has no overdue guarantees that may incur joint liability for repayment[120]. Future Outlook - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2021, which would require a growth rate of approximately 20% in the second half[16]. - By 2025, the market space for wastewater treatment in towns is expected to reach approximately CNY 150 billion[34]. - The company plans to invest CNY 180 million in a headquarters R&D base project in Hefei, with cumulative investment of CNY 31,694,400 as of the reporting period[76]. - The company plans to continue its investment in new product development and market expansion strategies to drive future growth[171].

证券代码：688679 证券简称：通源环境 公告编号：2021-022 安徽省通源环境节能股份有限公司 关于参加安徽辖区上市公司 2021 年 投资者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、准确性和完整性依法承担法律责任。 为进一步加强与广大投资者的沟通交流，便于投资者更深入全面地了解公司 情况，公司将参加由安徽证监局指导、安徽上市公司协会主办的主题为"安徽上 市公司高质量发展在行动"的安徽上市公司2021年投资者集体接待日活动。现将 有关事项公告如下： 本次投资者集体接待日活动将在深圳市全景网络有限公司提供的网上平台 采取网络远程方式举行，投资者可以登录"全景·路演天下"网上平台（网址： http://rs.p5w.net/）进入专区页面参与交流。活动时间为 2021 年 5 月 18 日 下午 14:00-17:30。 公司出席本次集体接待日的人员有：董事会秘书齐敦卫先生；证券事务代表 吕莉莉女士。 欢迎广大投资者积极参与。 特此公告。 安徽省通源环境节能股份有限公司董事会 2021 年 5 月 14 日 ...

Financial Performance - Operating revenue increased by 33.59% to CNY 136,976,672.29 year-on-year[6] - Net profit attributable to shareholders decreased by 139.36% to a loss of CNY 1,045,870.08[6] - Basic and diluted earnings per share both decreased by 133.33% to -CNY 0.01[6] - Total operating revenue for Q1 2021 was CNY 136,976,672.29, an increase of 33.5% compared to CNY 102,536,148.94 in Q1 2020[26] - Net profit for Q1 2021 was a loss of CNY 1,509,813.80, compared to a profit of CNY 1,943,580.81 in Q1 2020, representing a significant decline[27] - Earnings per share for Q1 2021 was CNY -0.01, down from CNY 0.03 in Q1 2020[28] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 79,919,571.22, compared to a net outflow of CNY 53,729,452.86 in the same period last year[6] - Net cash flow from operating activities was negative at -¥79,919,571.22, reflecting increased operational expenditures[15] - Investment activities resulted in a net cash outflow of -CNY 156,933,442.34, compared to -CNY 23,051,139.08 in Q1 2020, indicating a significant increase in investment expenditures[34] - The cash flow from financing activities showed a net outflow of -CNY 19,909,101.80, compared to -CNY 16,673,869.89 in the previous year[34] - The total cash and cash equivalents at the end of Q1 2021 were CNY 366,272,293.72, a decrease from CNY 201,790,462.17 at the end of Q1 2020[34] Assets and Liabilities - Total assets decreased by 7.51% to CNY 1,704,397,865.25 compared to the end of the previous year[6] - Total liabilities decreased from ¥766,187,659.47 to ¥629,264,237.39, a decrease of approximately 17.9%[20] - Total equity decreased from ¥1,076,643,441.66 to ¥1,075,133,627.86, a slight decline of about 0.14%[21] - Current liabilities decreased from ¥654,598,927.66 to ¥511,606,279.81, a reduction of about 21.8%[20] - Total assets amounted to ¥1,842,831,101.13, with current assets at ¥1,350,248,863.62, and non-current assets at ¥492,582,237.51[40] Expenses - Operating costs rose by 39.70% to ¥104,277,907.80, corresponding to the increase in operating revenue[15] - Sales expenses surged by 108.67% to ¥11,058,217.31, primarily due to increased salaries and consulting fees[15] - Management expenses increased by 57.73% to ¥21,499,575.60, driven by higher salaries and depreciation from hazardous waste projects[15] - The company reported an increase in research and development expenses to CNY 6,588,736.13 in Q1 2021, compared to CNY 6,338,822.75 in Q1 2020[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,163[10] - The largest shareholder, Yang Ming, holds 45.10% of the shares, totaling 59,385,600 shares[10] Investment Income - Investment income improved significantly to ¥1,435,170.50 from a loss of ¥1,263,638.44 in the previous period[15] - Investment income for Q1 2021 was CNY 1,435,170.50, a recovery from a loss of CNY 1,263,638.44 in Q1 2020[27] Inventory and Receivables - Inventory increased from ¥39,594,923.85 to ¥41,969,415.36, an increase of approximately 5.9%[19] - Contract assets increased from ¥176,615,196.30 to ¥197,478,422.08, an increase of about 11.5%[19] - The company reported a credit impairment loss of CNY 7,727,769.28 in Q1 2021, compared to CNY 2,433,211.16 in Q1 2020[27]

Financial Performance - The company's operating revenue for 2020 was CNY 853,496,821.48, representing a 10.30% increase compared to CNY 773,816,127.41 in 2019[22]. - The net profit attributable to shareholders for 2020 was CNY 90,421,649.55, which is a 4.46% increase from CNY 86,560,965.74 in 2019[22]. - The total assets of the company increased by 40.08% to CNY 1,842,831,101.13 at the end of 2020, compared to CNY 1,315,596,935.77 at the end of 2019[22]. - The net assets attributable to shareholders grew by 66.84% to CNY 1,062,583,550.79 at the end of 2020, up from CNY 636,869,247.35 at the end of 2019[22]. - The basic earnings per share for 2020 was CNY 0.92, a slight decrease of 1.08% from CNY 0.93 in 2019[23]. - The company's cash flow from operating activities for 2020 was CNY 102,982,306.62, down 26.43% from CNY 139,971,608.37 in 2019[22]. - The company reported a net profit of CNY 35,907,930.47 in Q4 2020, with total revenue for the quarter reaching CNY 335,213,640.30[27]. - The company plans to distribute a cash dividend of 2.10 CNY per 10 shares, totaling approximately 27.65 million CNY, which represents 30.58% of the net profit attributable to shareholders for 2020[5]. Research and Development - Research and development expenses accounted for 3.76% of operating revenue in 2020, a decrease of 0.23 percentage points from 3.99% in 2019[23]. - The company achieved a total R&D investment of ¥32.12 million, representing a 4.06% increase from the previous year[52]. - The company applied for 46 intellectual property rights during the reporting period, with 39 granted, including 5 invention patents and 40 utility model patents[49]. - The company holds a total of 122 authorized patents, including 18 invention patents, as of the end of the reporting period[47]. - The company’s "high-efficiency sludge dewatering carbonization treatment technology" was recognized as "domestically leading" by the China Environmental Protection Industry Association[49]. - The company completed the research and development of key technologies for urban sludge preparation and treatment, achieving a total investment of RMB 600 million, with a completion cost of RMB 718.06 million, reaching a leading domestic level[55]. Market and Business Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]. - The company aims to transition from providing single services to becoming a comprehensive environmental solution provider, integrating design, equipment, project construction, and operation maintenance[46]. - The company is committed to high-quality development, focusing on solid waste resource utilization and circular economy practices[46]. - The company plans to increase R&D investment and technological innovation, purchasing advanced R&D equipment and attracting high-end technical talent[106]. - The company expanded its market presence, with orders from outside Anhui province accounting for 52.89% of total orders, indicating a successful collaboration between provincial and non-provincial markets[65]. Corporate Governance and Compliance - The report includes a standard unqualified audit opinion from Rongcheng Accounting Firm[4]. - The board of directors and supervisory board members have all attended the board meeting, ensuring accountability for the report's accuracy[4]. - The company does not have any special arrangements for corporate governance[8]. - The company confirmed that there are no violations of decision-making procedures regarding external guarantees[7]. - The company guarantees that there are no fraudulent issuance circumstances in the public offering of stocks and listing on the Sci-Tech Innovation Board[124]. Environmental Responsibility - The company focuses on solid waste pollution containment and remediation, solid waste treatment and disposal, and water environment restoration, providing comprehensive environmental solutions to government departments and large enterprises[32]. - The company has established pollution prevention facilities that are operating normally and meeting relevant standards, resulting in minimal environmental impact[153]. - The company has developed emergency response plans for environmental incidents in compliance with legal requirements and submitted them for local ecological environment management department approval[155]. - The company has implemented self-monitoring schemes for environmental compliance, with all monitored results meeting standards[156]. Financial Management - The operating cost for the period was CNY 614,866,896.00, which is a 10.66% increase from CNY 555,613,136.96 in the previous year[79]. - The company's financing activities generated a net cash inflow of CNY 320,398,837.02, a significant increase of 132.76% compared to CNY 137,650,191.45 in the previous year[79]. - The total amount of raised funds is CNY 33,264.89 million, with no funds utilized in the current year[142]. - The company has committed to invest CNY 46,492.62 million in projects, with a cumulative investment of CNY 33,264.89 million as of the reporting period[142]. Shareholder Information - The total number of ordinary shares increased from 98,767,256 to 131,689,675 after the IPO, representing a change of 33,922,419 shares[165]. - The largest shareholder, Yang Ming, holds 59,385,600 shares, representing 45.10% of the total shares[171]. - The company will not transfer or entrust others to manage its shares within 36 months from the date of listing[122]. - The company will adhere to the regulations set by the China Securities Regulatory Commission regarding shareholder reductions after the lock-up period[120]. Employee Management - The company has established a salary system linked to company performance and individual employee performance, including monthly comprehensive salary and annual performance bonuses[196]. - The company emphasizes employee training and development, implementing an annual training plan that includes various forms of internal and external training[197]. - The total number of employees in the parent company is 648, while the number in major subsidiaries is 241, totaling 889 employees[194]. - The total compensation for all directors, supervisors, and senior management at the end of the reporting period amounted to 429.96 million[193].