Financial Performance - The company's operating revenue for the third quarter reached ¥902,537,858.03, representing a 63.57% increase compared to the same period last year[5]. - Net profit attributable to shareholders was ¥102,831,169.73, a significant increase of 321.15% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥93,249,922.49, reflecting a 375.10% increase compared to the previous year[5]. - Basic earnings per share for the third quarter was ¥0.0697, a 263.02% increase year-on-year[5]. - The company achieved operating revenue of 2.362 billion yuan in the first three quarters of 2022, a decrease of 39.09% compared to the same period last year[10]. - The net profit attributable to shareholders was 435 million yuan, an increase of 36.01% year-on-year[10]. - Net profit for Q3 2022 reached CNY 743,985,862.33, an increase of 26.8% compared to CNY 586,114,802.55 in Q3 2021[24]. - The total comprehensive income for Q3 2022 was CNY 743,985,862.33, compared to CNY 586,114,802.55 in the same quarter last year[24]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,353,952,661.83, up 76.51% from the same period last year[5]. - The cash inflow from operating activities for the current period was ¥2,741,062,497.55, a decrease of approximately 18.2% compared to ¥3,353,942,645.21 in the previous period[25]. - The net cash flow from operating activities increased to ¥1,353,952,661.83, up from ¥767,077,363.99 in the same period last year, representing a growth of approximately 76.4%[25]. - The cash inflow from sales of goods and services was ¥2,359,338,193.26, down from ¥3,138,766,819.62, representing a decrease of about 24.9%[25]. - The cash outflow for repaying debts was ¥2,093,705,745.31, which is significantly higher than ¥713,601,244.79 in the previous period, indicating an increase of approximately 194.5%[26]. Assets and Liabilities - Total assets as of the report date amounted to ¥19,268,557,806.39, an increase of 4.94% from the end of the previous year[5]. - The company's total liabilities amounted to CNY 11,028,209,839.55, slightly up from CNY 11,013,604,370.53 at the end of the previous quarter[21]. - Non-current liabilities increased to CNY 7,086,161,534.04 from CNY 6,779,999,967.33 year-over-year[21]. - The company's equity attributable to shareholders reached ¥5,124,373,486.05, which is a 6.47% increase compared to the previous year[5]. - The total equity of the company rose to CNY 8,240,347,966.84, compared to CNY 7,352,889,643.29 in the previous year[21]. Investments and Acquisitions - The company completed the acquisition of a 25.5% stake in Sichuan Neng Investment Ding Sheng Lithium Industry Co., Ltd. for ¥68,378,500, which will be consolidated into the financial statements[7]. - The company plans to issue shares and convertible bonds to acquire minority stakes in Sichuan Energy Investment Wind Power Development Co., Ltd. and its project companies, with the stock suspension starting on May 16, 2022, and resuming on May 30, 2022[19]. - The company is in the process of acquiring a 43.74% stake in Sichuan Guoli Lithium Materials Co., Ltd. from Sichuan Energy Investment Group, with the agreement signed on April 25, 2022[19]. - A joint venture has been established to invest in a 30,000 tons/year lithium salt project, with the company holding a 51% stake and a registered capital of RMB 750 million[19]. Research and Development - Research and development expenses rose by 85.97% to 7.79 million yuan, indicating a focus on innovation and new technology[12]. - Research and development expenses for Q3 2022 were CNY 7,788,751.95, an increase from CNY 4,188,150.67 in Q3 2021[23]. Operating Costs and Income - Operating costs decreased by ¥1,621,491,253.48, a reduction of 58.44%, mainly due to the termination of the company's new energy comprehensive service business and a decrease in equipment sales revenue[15]. - Tax and additional charges increased by ¥5,271,716.07, an increase of 46.93%, primarily due to increased resource tax from the sales of infrastructure mines by Sichuan Energy Investment Lithium Industry Co., Ltd.[15]. - Other income increased by ¥19,547,265.43, an increase of 421.44%, mainly due to tax refund benefits from the wind power development projects[15]. - Non-operating income increased by ¥10,547,577.31, an increase of 998.07%, mainly from contract breach penalties received by Sichuan Energy Investment Dingsheng Lithium Industry Co., Ltd.[15].

证券代码：000155 证券简称：川能动力 公告编号：2022-082 号 四川省新能源动力股份有限公司 关于参加 2022 年四川辖区上市公司投资者 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信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，四川省新能源动力股份有限 公司（以下简称"公司"）将参加由四川证监局、四川省上市公司协 会与深圳市全景网络有限公司联合举办的"2022 年四川辖区上市公 司投资者网上集体接待日活动"，现将有关事项公告如下： 活动通过深圳市全景网络有限公司提供的互联网平台举行，投资 者可登录"全景路演"网站（http://rs.p5w.net/），或关注微信公众号： 全景财经，或下载全景路演 APP 参与本次互动交流。活动时间为 2022 年 9 月 16 日（周五）15:00-17:00。届时公司财务总监王大海先生和 董事会秘书欧健成先生将通过网络在线交流形式就公司发展战略、经 营状况、公司治理和可持续发展等投资者关心的问题与投资者进行沟 通与交流，欢迎广大投资者积极参与。 特此公告。 四川省新能源动力股份有限公司董事会 ...

Financial Performance - The company's operating revenue for the reporting period was CNY 1,459,526,308.68, a decrease of 56.12% compared to the previous year[13]. - Net profit attributable to shareholders was CNY 332,068,231.93, representing an increase of 12.44% year-on-year[13]. - The net profit after deducting non-recurring gains and losses was CNY 262,745,676.37, down 8.79% from the previous year[13]. - The net cash flow from operating activities was CNY 956,883,346.22, an increase of 64.02% compared to the previous year[13]. - Basic earnings per share were CNY 0.22, a decrease of 4.35% compared to the previous year[13]. - Total assets at the end of the reporting period were CNY 18,367,241,462.74, a slight increase of 0.03% from the end of the previous year[13]. - Net assets attributable to shareholders were CNY 5,021,150,221.53, reflecting a growth of 4.32% year-on-year[13]. - The company reported a significant decrease in investment amounting to CNY 856,428,593.40, down 46.45% from CNY 1,599,398,608.77 in the same period last year[46]. - The company reported a net loss of CNY 466,122,228.25 as of June 30, 2022, compared to a loss of CNY 798,190,460.18 at the beginning of the year, indicating an improvement in financial performance[146]. Dividends and Share Issuance - The company reported a plan not to distribute cash dividends or issue bonus shares for the fiscal year 2022[2]. - The company plans to issue shares to acquire 51% equity in Sichuan Energy Investment Environmental Protection Co., Ltd. and raise supporting funds[6]. - The company is also planning to issue shares and convertible bonds to acquire minority stakes in Sichuan Energy Investment Wind Power Co., Ltd. and its subsidiaries[6]. - The company has raised a total of 617.53 million yuan through the issuance of 26,931,295 shares at 22.93 yuan per share, increasing the total share capital from 1,448,995,523 to 1,475,926,818 shares[123]. - The company plans to repurchase between 22,138,900 and 29,518,500 shares, representing 1.5% to 2% of the total share capital, with 17,006,600 shares already acquired, accounting for 1.15% of the total[172]. Investments and Acquisitions - The company acquired a 25.5% stake in Sichuan Dingsheng Lithium Industry Co., Ltd. for a total of CNY 68.3785 million, with the first payment of CNY 37.6082 million made on June 29, 2022, completing the equity transfer[16]. - The company has made a major equity investment in Sichuan Nengtou Dingsheng Lithium Industry Co., Ltd. with an investment amount of CNY 68,378,482.41, holding a 51.00% stake[48]. - The company is also investing CNY 382,500,000.00 in Sichuan Nengtou De'a Lithium Industry Co., Ltd., which is a newly established entity with a 51.00% stake[48]. - The company is in the process of acquiring a 43.74% stake in Sichuan Guoli Lithium through cash, with the agreement signed on April 25, 2022, and related audits and evaluations still ongoing[117]. Environmental and Regulatory Compliance - The company reported no discrepancies between net profit and net assets under international and Chinese accounting standards during the reporting period[17][18]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[75]. - The company has installed online monitoring systems for emissions, ensuring real-time data is available to the public and regulatory bodies[74]. - The company strictly adheres to pollution control standards, with particulate matter emissions from its waste incineration projects at 0 mg/m³, significantly below the limit of 250 mg/m³[73]. - The company has achieved a dust removal efficiency of 99.9% and a nitrogen oxide removal rate exceeding 80% through its advanced purification processes[73]. Research and Development - Research and development investment increased significantly by 170.04% to ¥5,425,277.11 from ¥2,009,040.66, reflecting an increase in R&D projects from 4 to 7 and a rise in R&D personnel[36]. - The company is committed to improving safety and environmental protection measures in its operations, particularly in its subsidiaries involved in waste incineration and lithium production[65]. Market Trends and Competition - The renewable energy generation capacity in China reached 1.1 billion kilowatts by the end of May 2022, with a year-on-year growth of 15%, and the installed capacity of wind and solar power exceeded 700 million kilowatts[21]. - The competition in the wind and solar energy sectors is intensifying, with large state-owned enterprises gaining advantages due to resource endowments and operational efficiencies[21]. - The government is gradually phasing out subsidies for biomass power generation, prompting companies to seek new revenue growth points[21]. Legal Matters - The company reported a total litigation amount of 26,808.42 million CNY related to a contract dispute with Sichuan Xiangling Industrial Co., Ltd. and others, which is currently under criminal investigation[80]. - Another litigation amounting to 6,917.44 million CNY against Fujian Fuyuan Power Fuel Co., Ltd. is also in the criminal investigation stage[81]. - The company is involved in multiple ongoing legal disputes, including a case against Hubei Tianqin Energy Development Co., Ltd. for 871.61 thousand yuan[87]. Financial Management - The company’s financial expenses decreased by 7.54% to ¥168,684,077.64 from ¥182,445,353.23, due to optimized loan interest rates and increased interest income[36]. - The company’s cash interest coverage ratio increased significantly by 69.80% to 5.06 compared to the previous year[142]. - The company reported a stable loan repayment rate of 100% during the reporting period[142]. Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the responsible persons for accounting[2]. - The company held two temporary shareholder meetings and one annual shareholder meeting in 2022, with participation rates of 48.64% and 48.19% respectively[67]. - The company is committed to transparency and compliance with regulatory requirements in its financial disclosures[130].

Financial Performance - The company reported a total revenue of 1.5 billion CNY for the year 2021, representing a year-on-year increase of 20%[3]. - The company's operating revenue for 2021 was approximately ¥4.41 billion, representing an increase of 18.54% compared to the previous year[15]. - The net profit attributable to shareholders for 2021 was approximately ¥339.98 million, reflecting a growth of 27.60% year-over-year[15]. - The net profit after deducting non-recurring gains and losses was approximately ¥225.85 million, which is a decrease of 7.37% compared to the previous year[15]. - Cash flow from operating activities increased by 60.28% to approximately ¥1.39 billion in 2021[15]. - The total assets of the company at the end of 2021 were approximately ¥17.31 billion, showing a growth of 9.43% from the previous year[15]. - The net assets attributable to shareholders at the end of 2021 were approximately ¥4.81 billion, an increase of 4.63% compared to the end of 2020[15]. - The basic earnings per share for 2021 were ¥0.23, up 9.52% from ¥0.21 in 2020[15]. - The weighted average return on equity for 2021 was 8.30%, an increase from 4.26% in 2020[15]. - The company reported a total order amount of approximately 556.73 million CNY for environmental equipment sales, with new orders amounting to about 27.38 million CNY[29]. - The company achieved a net profit of 243.38 million yuan for the year, exceeding the performance commitment of 215.41 million yuan[161]. - The actual performance for the environmental protection company was 243.38 million yuan, compared to the forecast of 215.41 million yuan, resulting in a 12.5% increase[162]. Renewable Energy Projects - The installed capacity of the La Ma Wind Farm is 49.5 MW, contributing significantly to the company's renewable energy portfolio[5]. - The company plans to expand its market presence by developing new energy projects, including a 20 MW agricultural wind-solar complementary project[6]. - The company aims to enhance its technological capabilities through ongoing research and development in renewable energy technologies[3]. - The company has set a target to increase its total installed capacity to 1,000 MW by 2025, focusing on wind and solar energy projects[3]. - The company plans to expand its business into wind and solar power generation, reflecting its strategic shift towards renewable energy[11]. - The company is actively pursuing offshore wind energy projects in collaboration with equipment manufacturers, recognizing the high resource potential and market space in this sector[73]. - The company is focused on maintaining a competitive edge in the renewable energy market as it transitions to a fully market-oriented competition model[79]. - The company is committed to a strategic transformation towards renewable energy, focusing on wind and solar power development[145]. Lithium Resource Development - The company is focusing on lithium mining, with a production capacity of 1.05 million tons per year from the Li Jiagou project[6]. - The lithium resource at the Lijiagou mining site has a proven ore reserve of 38.812 million tons, with a lithium oxide resource reserve of 502,200 tons, supporting the company's competitive edge in the lithium market[30]. - The lithium battery segment will focus on lithium resource development and processing, with plans to enhance product categories, particularly in high-purity lithium carbonate and lithium metal[75]. - The company targets a production capacity of 105,000 tons per year for the Li Jiagou lithium spodumene project, aiming for rapid construction and production commencement[75]. - The global demand for lithium battery new energy industry remains strong, indicating a positive market outlook for the company[21]. - The company is advancing lithium battery projects, including the Li Jiagou lithium mine and a joint phosphate mining project[32]. - The lithium resource development in China is expected to accelerate during the 14th Five-Year Plan period, with increasing competition for high-quality lithium resources[21]. Waste-to-Energy Initiatives - The company has initiated several waste-to-energy projects, including a 15 MW waste incineration power project in Suining[6]. - The company operates 8 waste incineration power generation projects with a total installed capacity of 156,500 kW and a daily waste processing capacity of 6,800 tons, ranking among the top in Sichuan Province[27]. - The company’s waste incineration power generation projects have an annual waste processing capacity of 2.482 million tons, with 7 projects already operational and 1 under construction[27]. - The market for waste-to-energy projects is expected to grow significantly, with 32 new projects planned from 2021 to 2030, adding a processing capacity of 20,600 tons/day[23]. - The company completed the acquisition of 51% equity in Chuaneng Environmental Protection, expanding its main business to include waste incineration power generation projects, integrated sanitation, and environmental equipment sales[24]. Strategic Acquisitions and Investments - The company completed an asset restructuring by acquiring a 51% stake in Sichuan Energy Investment Group's subsidiary, enhancing its market position[7]. - The company completed the acquisition of a 62.75% stake in Sichuan Energy Investment Lithium Industry Co., Ltd. and a 51.00% stake in Sichuan Energy Investment Energy Conservation and Environmental Protection Investment Co., Ltd. during the reporting period[40]. - The company acquired 100% equity of Sichuan Nenghuan Environmental Protection Co., Ltd. from its controlling shareholder at a transfer price of 61,753.46 million yuan, based on an assessed value of 61,753.46 million yuan[186]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its product portfolio[184]. Compliance and Governance - The company has established a complete independent organizational structure, ensuring no non-operational fund occupation by controlling shareholders[84]. - The company has implemented a robust internal control system to enhance operational management and risk prevention capabilities[82]. - The company has established a management system for insider information and has not experienced any leaks or insider trading incidents during the reporting period[85]. - The company is committed to strengthening its internal control and compliance management to ensure operational efficiency and safety[76]. - The company has established a mechanism for internal reporting of significant matters to ensure timely submission of related transactions for internal review[129]. - The company has committed to timely changes in the ownership of the targeted assets and will bear all responsibilities for any disputes arising from ownership changes[160]. Environmental Compliance - The company achieved an annual electricity generation of 2.386 billion kWh in 2021, saving approximately 750,000 tons of standard coal and reducing carbon dioxide emissions by about 2 million tons[145]. - The company has a 100% compliance rate for environmental impact assessments for all construction projects, ensuring minimal ecological impact[144]. - The company strictly adheres to environmental regulations and holds valid pollution discharge permits, ensuring compliance with legal requirements[141]. - The company’s pollution control facilities operate effectively, with a dust removal efficiency of 99.9% and a nitrogen oxide removal rate exceeding 80%[140]. - The company has conducted 67 special safety and environmental protection initiatives throughout the year to enhance safety management[145]. Employee and Community Engagement - The company has established a comprehensive employee social security and labor protection system, ensuring timely payment of social insurance fees[148]. - The company actively participates in poverty alleviation and rural revitalization, including a tourism poverty alleviation project in Alaxue Village[148]. - The company aims to provide nearly 200 job opportunities annually for local farmers through its wind farm projects[147]. - The company conducted 828 training sessions during the year, with over 11,611 participants, enhancing employee skills and knowledge[122]. Risks and Challenges - The company anticipates risks from macroeconomic fluctuations affecting lithium demand, particularly in the electric vehicle sector, and plans to monitor market trends closely[76]. - The company acknowledges potential policy risks related to renewable energy subsidies and aims to improve internal management and efficiency to mitigate profit margin pressures[77]. - The company faces risks related to climate conditions affecting wind power generation, which can lead to fluctuations in electricity production and revenue[79]. - The construction of the Lijiagou lithium mine project is facing challenges due to geological conditions and environmental regulations, which may lead to delays and cost overruns[79].

Financial Performance - The company's operating revenue for Q1 2022 was ¥733,127,527.84, a decrease of 55.34% compared to ¥1,641,396,886.94 in the same period last year[2] - Net profit attributable to shareholders was ¥219,085,055.00, an increase of 20.33% from ¥182,063,461.66 year-on-year[2] - Basic and diluted earnings per share were both ¥0.15, reflecting a 7.14% increase from ¥0.14 in the same period last year[2] - The company's operating revenue decreased by ¥908,269,359.10, a decline of 55.34%, primarily due to the termination of the comprehensive new energy service business[9] - Total operating revenue for Q1 2022 was CNY 733,127,527.84, a decrease of 55.32% compared to CNY 1,641,396,886.94 in the same period last year[18] - Net profit for Q1 2022 reached CNY 362,023,185.39, an increase of 12.99% compared to CNY 320,334,632.51 in Q1 2021[19] - The profit attributable to the parent company for Q1 2022 was CNY 219,085,055.00, up 20.37% from CNY 182,063,461.66 in the previous year[19] Cash Flow - The net cash flow from operating activities reached ¥352,297,097.51, representing a significant increase of 232.72% compared to ¥105,885,518.73 in the previous year[2] - The net cash flow from operating activities increased by ¥246,411,578.78, a growth of 232.72%, driven by increased cash receipts from electricity sales[9] - The cash inflow from operating activities was CNY 715,327,863.67, a decrease of 52.9% compared to CNY 1,518,729,449.98 in the previous period[21] - The net cash flow from financing activities decreased by ¥418,032,090.61, a decline of 73.41%, primarily due to increased cash repayments of debts[9] - The net cash flow from financing activities was CNY 151,403,720.75, down 73.5% from CNY 569,435,811.36 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,667,127,825.13, an increase of 2.07% from the previous year's end[3] - Total liabilities amounted to CNY 10,001,881,614.08, slightly down from CNY 10,039,461,954.68 at the end of the previous period[18] - Total equity increased to CNY 7,665,246,211.05 from CNY 7,274,277,699.01 year-over-year[18] - Long-term borrowings rose to CNY 6,402,434,219.37, up from CNY 5,982,716,559.16 in the previous period[18] Investments and Acquisitions - The company completed the acquisition of a 51% stake in Sichuan Energy Conservation and Environmental Protection Investment Co., Ltd., which was included in the consolidated financial statements from November 2021[4] - Long-term equity investments increased by ¥54,373,429.73, an increase of 107.46%, mainly due to a new investment of ¥50 million in Sichuan Shuneng Mineral Co., Ltd.[9] - The company plans to issue shares to acquire a 51% stake in Sichuan Environmental Protection Co., Ltd., and has completed part of the fundraising process[11] - The company approved a capital increase of RMB 803,509,623.19 for its subsidiary, Sichuan Energy Environmental Protection Company, using RMB 603,509,623.19 from raised funds and RMB 200,000,000 from its own funds[14] Changes in Financial Position - The company recognized government subsidies amounting to ¥394,560.08 during the reporting period[5] - The fair value changes of financial assets and liabilities resulted in a gain of ¥2,030,941.30[5] - The company underwent retrospective adjustments due to changes in accounting policies, impacting previous financial statements[4] - The company's inventory increased by ¥44,223,195.89, a rise of 146.82%, reflecting changes in stock levels[8] - Other receivables surged by ¥286,620,364.25, an increase of 451.13%, indicating significant changes in the company's receivables[8] - The company's other non-current assets increased by ¥28,436,073.22, an increase of 30.86%, mainly due to prepayments for engineering projects[9] Research and Development - Research and development expenses for Q1 2022 were CNY 14,937.62, significantly higher than CNY 398.02 in Q1 2021[18] Audit and Reporting - The company did not conduct an audit for the first quarter report[23]

Financial Performance - The company's operating revenue for Q3 2021 was ¥191,547,387.98, a decrease of 46.32% compared to the same period last year, which was ¥354,836,798.88[4] - The net profit attributable to shareholders for Q3 2021 was ¥585,152.24, representing a decrease of 41.52% from ¥1,088,202.64 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥5,318,703.07, a decline of 142.39% compared to -¥2,183,972.04 in the same period last year[4] - The basic earnings per share for Q3 2021 was ¥0.0005, a decrease of 66.67% from ¥0.001 in the same period last year[4] - Total operating revenue for Q3 2021 reached CNY 2,235,627,482.33, a significant increase of 66.4% compared to CNY 1,343,638,521.92 in Q3 2020[17] - Net profit for Q3 2021 was CNY 393,359,376.55, representing a 36% increase from CNY 289,979,481.83 in Q3 2020[20] - The total comprehensive income for the period was CNY 393,359,376.55, compared to CNY 289,979,481.83 in the previous period, representing an increase of approximately 36%[21] - The net profit attributable to the parent company was CNY 225,087,469.52, up from CNY 187,835,952.03, reflecting a growth of about 20%[21] - Basic and diluted earnings per share increased to CNY 0.18 from CNY 0.15, marking a rise of 20%[21] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥593,279,611.34, an increase of 204.00% from ¥201,183,172.42 in the previous year[4] - Cash flow from operating activities generated a net amount of CNY 593,279,611.34, compared to CNY 195,160,452.95 in the previous period, indicating a significant increase of approximately 204%[23] - The ending cash and cash equivalents balance was CNY 1,225,586,971.19, compared to CNY 670,574,408.70 at the end of the previous period, reflecting an increase of approximately 83%[24] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 2,136,707,627.07, compared to CNY 1,394,332,281.75 in the previous period, representing a growth of about 53%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,487,411,929.11, an increase of 5.77% from ¥9,234,184,747.29 at the end of the previous year[5] - The company's total liabilities reached CNY 5,797,584,315.03, compared to CNY 4,779,804,093.40 at the end of 2020, marking an increase of 21.2%[18] - Long-term borrowings rose to CNY 4,053,035,735.94 from CNY 3,350,064,569.97, an increase of 20.9%[18] - The company's equity attributable to shareholders decreased to CNY 3,761,289,475.44 from CNY 4,461,890,236.78, a decline of 15.7%[18] Investments and Expenses - The investment income for the reporting period was ¥7,465,057.87, with a total of ¥18,099,708.89 recognized year-to-date[6] - Research and development expenses increased by CNY 35,223.32, a growth of 313.47%, attributed to increased testing expenses at the subsidiary Sichuan Energy Investment Lithium Industry Co., Ltd[11] - Financial expenses increased by CNY 64,330,100.02, a growth of 79.14%, due to increased interest expenses from new bank loans and debt financing tools[11] Shareholder Information - The total number of common shareholders at the end of the reporting period was 148,974[12] - Sichuan Energy Investment Group Co., Ltd. holds 26.20% of shares, totaling 332,800,000 shares[12] - Sichuan Chemical Group Co., Ltd. holds 11.30% of shares, totaling 143,500,000 shares, with all shares pledged[12] - The company has a total of 5,492,000 shares held by Liu Yuqi, accounting for 0.43% of the total share capital[13] - The company has a total of 7,223,265 shares held by Yang Jun, accounting for 0.57% of the total share capital[13] Restructuring and Regulatory Matters - The company is undergoing an asset acquisition and fundraising restructuring process, which has been temporarily suspended by the China Securities Regulatory Commission (CSRC) for further evaluation and auditing[14] - The restructuring was conditionally approved by the CSRC on September 26, 2021, following the completion of additional audits and evaluations[14] - The company plans to extend the performance commitment period related to the asset transfer if not completed by the end of 2021[14] - The company has received approval from the CSRC to resume the review of its restructuring application[14] - The company is actively working on updating financial data and audit reports related to the restructuring[14] Operational Changes - Operating costs increased by CNY 718,217,798.24, a growth of 81.45%, mainly due to higher costs in the new energy comprehensive service and electricity sales[10] - Accounts receivable increased by CNY 341,750,714.97, a growth of 26.44%, primarily due to increased receivables from Sichuan Energy Investment Chemical New Materials Co., Ltd[8] - Inventory decreased by CNY 106,003,287.79, a reduction of 94.13%, mainly due to the settlement of processing materials[9] - Short-term borrowings decreased by CNY 149,913,977.22, a reduction of 74.97%, primarily due to repayment of short-term loans[9] - Long-term equity investments decreased by CNY 184,511,130.98, a reduction of 79.27%, due to the acquisition of a 62.75% stake in Sichuan Energy Investment Lithium Industry Co., Ltd[9]

Financial Performance - The company's operating revenue for the reporting period was ¥2,044,080,094.35, representing a 107.15% increase compared to the previous year's adjusted revenue of ¥986,782,153.67[12]. - The net profit attributable to shareholders was ¥224,502,317.28, reflecting a 19.78% increase from the previous year's adjusted net profit of ¥187,422,467.13[12]. - The net cash flow from operating activities reached ¥528,088,897.91, marking a 110.68% increase from the previous year's adjusted figure of ¥250,661,457.36[12]. - The basic and diluted earnings per share were both ¥0.18, up 20.00% from ¥0.15 in the previous year[12]. - The total profit reached 408 million yuan, up 30.89% year-on-year, while net profit attributable to shareholders was 225 million yuan, reflecting a growth of 19.78%[20]. - The total comprehensive income for the first half of 2021 was ¥383,548,013.10, compared to ¥282,464,364.12 in the same period last year, showing overall growth[131]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥11,271,452,195.27, a 3.78% increase from the previous year's adjusted total of ¥10,861,160,561.79[12]. - The company's total liabilities related to loans as of June 30, 2021, were CNY 8,166.93 million[11]. - Long-term borrowings increased to CNY 4,042,865,469.76, which is 35.87% of total liabilities, up from 30.84% the previous year, suggesting a strategy of leveraging for growth[33]. - The company's debt-to-asset ratio was 50.32%, an increase of 6.31% from 44.01% at the end of the previous year[119]. - The total liabilities increased to CNY 5,671,435,944.64, up from CNY 4,779,804,093.40, representing a growth of approximately 18.6% year-over-year[124]. Investments and Projects - The company has a lithium ore mining project with an annual capacity of 1.05 million tons[6]. - The company completed the acquisition of a 62.75% stake in Nengtou Lithium, which holds mining rights for the Jinchuan Lijiagou lithium spodumene mine with proven ore reserves of 38.81 million tons and lithium oxide reserves of 50.22 thousand tons[24]. - The company has ongoing construction projects valued at CNY 979,026,989.54, representing 8.69% of total assets, indicating continued investment in infrastructure[33]. - The company is progressing with the construction of the Shamanaito Phase I wind farm, with a total investment of RMB 536 million and a completion rate of 45% for the installation of wind turbines[100]. - The company is also advancing the construction of the Tangtang wind farm, with a total investment of RMB 1,156 million and a completion rate of 18% for the installation of wind turbines[100]. Renewable Energy Focus - The company reported a significant focus on renewable energy projects, including solar and wind power developments[6]. - The primary business remains focused on renewable energy generation, specifically wind and solar power, with electricity sales as the main revenue source[17]. - The company has signed power purchase agreements with State Grid Corporation for its wind and solar projects, ensuring stable revenue from electricity sales[19]. - The company plans to focus on new energy power generation and lithium battery storage services, gradually exiting traditional chemical trade[20]. - The company plans to focus on the development of renewable energy power and energy storage businesses, including wind, solar, biomass, and lithium battery sectors, aligning with national energy structure reform[64]. Environmental and Social Responsibility - The company emphasizes the importance of environmental and social responsibility in its operations[5]. - The company has completed vegetation restoration work on 336.03 acres as part of its environmental protection efforts[64]. - There were no significant environmental penalties or safety incidents reported during the period, indicating stable operational safety[64][65]. - The company is strengthening its safety and environmental management practices in response to geological disaster risks at the Li Jiagou lithium mine[56]. Governance and Compliance - The company has a clear strategy to enhance its governance and prevent similar non-operating fund occupation issues in the future[67]. - The company maintains a focus on compliance and transparency in its financial reporting and related party transactions[76]. - The financial report was approved by the board of directors on August 24, 2021[157]. - The company has not identified any significant issues that would raise doubts about its ability to continue as a going concern within the next 12 months[158]. Legal Matters - Significant litigation cases include a dispute with Sichuan Xiangling Industrial Co., Ltd. involving an amount of 26,808.42 thousand yuan, which has been concluded with the court ruling against the company[69]. - The company is actively pursuing legal resolutions for ongoing disputes, indicating a proactive approach to risk management[74]. - The company has ongoing litigation with Shanghai Yunbin Trading Co., Ltd. and Guo Chu (Tianjin) Supply Chain Management Co., Ltd. involving 1,774.45 thousand yuan, with a judgment in favor of the company[71]. Research and Development - Research and development expenses surged by 567.31% to ¥46,422.18, primarily due to increased testing costs at the subsidiary Nengtou Lithium[27]. - Internal research and development expenditures during the research phase are expensed as incurred, while development phase costs can be capitalized if specific criteria are met[188]. Related Party Transactions - The company has engaged in related party transactions, including procurement of goods and services, with transaction amounts reaching 1.023 million yuan, accounting for 56.28% of the approved transaction amount[78]. - The company has reported a related party transaction for service fees amounting to 0.576 million yuan, which is 0.37% of the total[79]. - The company has not exceeded the approved transaction limits in any related party transactions[78]. Market and Economic Risks - The company faces macroeconomic risks that could significantly impact its lithium battery storage business due to potential declines in demand from the electric vehicle sector[52]. - The company acknowledges risks associated with policy adjustments, particularly in renewable energy subsidies, which could compress profit margins[53]. - The company is monitoring industry trends and competition closely to adapt its strategies dynamically in response to market changes[53].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 1,162,509,348.31, representing a 206.77% increase compared to the same period last year[4] - The net profit attributable to shareholders was CNY 136,806,498.22, showing a 4.66% increase year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 134,698,269.37, which is a 6.87% increase compared to the previous year[4] - Basic earnings per share for the period were CNY 0.11, up 10.00% from CNY 0.10 in the previous year[4] - Total operating revenue for the current period reached ¥1,162,509,348.31, a significant increase from ¥378,953,231.15 in the previous period, representing a growth of approximately 206.5%[32] - Net profit for the current period was ¥228,038,303.31, up from ¥192,734,736.79 in the previous period, reflecting a growth of approximately 18.3%[34] - The company's total comprehensive income for the current period was ¥228,038,303.31, compared to ¥192,734,736.79 in the previous period, representing an increase of approximately 18.3%[35] Cash Flow - The net cash flow from operating activities was CNY 125,891,823.52, reflecting a 9.70% increase from the same period last year[4] - Cash inflow from operating activities totaled 1,150,626,218.37 CNY, a substantial increase from 421,780,471.65 CNY in the prior year, representing a growth of approximately 172%[40] - Cash outflow for operating activities was 1,024,734,394.85 CNY, compared to 307,024,467.80 CNY in the previous period, resulting in a net cash flow from operating activities of 125,891,823.52 CNY[40] - The net cash flow from investing activities decreased by ¥279,952,055.75, a decline of 37.63%, primarily due to reduced funds for purchasing financial products compared to the previous year[12] - The net cash flow from financing activities increased by ¥532,654,742.36, an increase of 4,613.84%, mainly due to an increase in cash received from borrowings[12] - The net cash flow from investment activities was -1,023,886,234.35 CNY, compared to -743,934,178.60 CNY in the prior year, showing a worsening in investment cash flow[41] - The net cash flow from financing activities was 521,110,019.30 CNY, compared to -11,544,723.06 CNY in the prior year, indicating a strong improvement[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,716,345,633.97, a decrease of 1.33% from the previous year[4] - The net assets attributable to shareholders were CNY 3,672,873,595.15, down 17.68% compared to the previous year[4] - Total current assets as of January 1, 2021, amounted to CNY 3,545,442,431.10, showing a slight adjustment from the previous total of CNY 3,545,437,524.11[46] - Total non-current assets remained unchanged at CNY 7,315,723,037.68 as of January 1, 2021[46] - The company's total liabilities rose from CNY 4,779,804,093.40 to CNY 5,265,974,002.12, reflecting an increase of about 10.18%[27] - The equity attributable to shareholders decreased from CNY 4,461,890,236.78 to CNY 3,672,873,595.15, a decline of approximately 17.69%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 116,178[7] - The largest shareholder, Sichuan Energy Investment Group Co., Ltd., held 26.20% of the shares, totaling 332,800,000 shares[7] Investments and Acquisitions - The company completed the acquisition of a 62.75% stake in the lithium industry, which is expected to enhance its position in the new energy sector and improve profitability[13] - The company is in the process of issuing shares to purchase 51% of Sichuan Environmental Protection Co., Ltd., which will further expand its new energy business[13] - The company completed the acquisition of 62.75% equity in Sichuan Energy Investment Lithium Industry Co., Ltd. on January 29, 2021[15] Financial Management - The company has a total of 688 million CNY in entrusted financial management, with an outstanding balance of 575.71 million CNY[20] - The company reported an accumulated deficit of CNY -975,455,880.36, improving from CNY -1,112,262,378.58[28] Compliance and Regulatory - The company has no overdue or unfulfilled commitments from major shareholders or related parties during the reporting period[16] - There were no significant securities or derivative investments reported during the period[17] - The company has no non-compliance issues regarding external guarantees during the reporting period[21] - The company received feedback from the China Securities Regulatory Commission regarding its administrative licensing application[15] Changes in Accounting Standards - The company adopted new leasing standards starting from 2021, requiring adjustments to the financial statements[45]

Renewable Energy Projects - The company reported a total installed capacity of 4.95 GW across various wind farms, including the Lema, Lunan, and Lubei wind farms, each with a capacity of 4.95 MW[4]. - The company plans to expand its renewable energy projects, including a 20 MW agricultural wind-solar complementary project and a 2 MW photovoltaic project in Panzhihua, with total capacities of 2 MW and 0.022 MW respectively[5]. - The company is actively involved in the development of new energy projects, including multiple wind and solar power initiatives, to strengthen its market position[6]. - As of the end of 2020, the company has completed and put into operation 13 wind and solar power projects with a total installed capacity of 769,230 kW, including 10 wind power projects (747,000 kW) and 3 solar power projects (22,230 kW)[17]. - The company has 2 wind power projects under construction with a total installed capacity of 175,000 kW[17]. - The company generated 1.702 billion kWh of electricity in 2020, an increase of 12.82% compared to the previous year, exceeding the annual production target[24]. - The company has approximately 1 million kW of high-quality wind power resources in Sichuan Province awaiting development, indicating significant growth potential[22]. - The company’s wind power business generated sales revenue of CNY 826 million, with a total profit of CNY 456 million[24]. Financial Performance - The company's operating revenue for 2020 was approximately ¥1.997 billion, a decrease of 2.66% compared to ¥2.051 billion in 2019[13]. - The net profit attributable to shareholders for 2020 was approximately ¥153.29 million, down 28.65% from ¥214.85 million in 2019, primarily due to increased deferred income tax expenses[13]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥135.91 million, a decrease of 22.26% from ¥174.83 million in 2019[13]. - The net cash flow from operating activities for 2020 was approximately ¥415.30 million, a decline of 45.99% compared to ¥768.96 million in 2019[13]. - The total assets at the end of 2020 were approximately ¥9.234 billion, an increase of 27.44% from ¥7.246 billion at the end of 2019[13]. - The net assets attributable to shareholders at the end of 2020 were approximately ¥3.686 billion, up 4.66% from ¥3.522 billion at the end of 2019[13]. - The basic earnings per share for 2020 were ¥0.12, down 29.41% from ¥0.17 in 2019[13]. - The diluted earnings per share for 2020 were also ¥0.12, reflecting the same percentage decrease as basic earnings per share[13]. - The weighted average return on net assets for 2020 was 4.26%, down from 6.38% in 2019[13]. - The company reported a significant decrease in net profit in the fourth quarter of 2020, with a loss of approximately ¥36.39 million attributable to shareholders[14]. Strategic Focus and Market Position - The company has a strategic focus on expanding its market presence through mergers and acquisitions in the renewable energy sector[6]. - The company is committed to environmental sustainability and has established partnerships for energy conservation and environmental protection initiatives[5]. - The company aims to enhance its lithium mining operations, with a production capacity of 1.05 million tons per year from the Lijiagou lithium ore project[5]. - The company is focusing on research and development in key technologies for renewable energy and environmental protection[60]. - The company is actively pursuing resource evaluation and investment opportunities in the Sanbei region to expand its asset scale and enhance sustainable development capabilities[22]. - The company is undergoing a major asset restructuring to acquire a 51% stake in Chuan Neng Environmental Protection, which will strengthen its renewable energy business foundation[25]. Capital and Investments - The company has a registered capital of RMB 1.2 billion, indicating a strong financial foundation for future projects[6]. - The company secured a total bank credit line of CNY 10.411 billion, enhancing its financing capabilities for future project investments[25]. - The company completed the acquisition of a 62.75% stake in Nengtou Lithium Industry, which includes a lithium mine with proven reserves of 40.36 million tons and lithium oxide reserves of 510,000 tons[23]. - The company has invested ¥1.425 billion to establish a new energy power subsidiary, holding a 95% stake, with a registered capital of ¥1.5 billion[127]. - The company has ongoing investments in the Shama Naito Phase I Wind Farm with an investment of ¥467,766,507.58 and a cumulative actual investment of ¥89,200,247.13[54]. Operational Efficiency and Management - The company has implemented a proactive maintenance strategy, significantly reducing downtime and operational costs through predictive maintenance techniques[22]. - The company is committed to enhancing operational efficiency and profitability through strategic initiatives[57]. - The company has established a commitment to independent governance structures, including independent boards and decision-making processes[82]. - The company has implemented measures to strengthen management and prevent similar fund occupation issues in the future[91]. - The company has a professional composition of 113 production personnel, 25 sales personnel, 22 technical personnel, 26 financial personnel, and 65 administrative personnel[156]. Legal and Compliance - The company is involved in several litigation cases, with the largest amount being 268.08 million CNY related to a contract dispute with Sichuan Xiangling Industrial Co., Ltd.[99]. - The company has not disclosed any significant unpublicized information during the reporting period[76]. - The company has no significant penalties or compliance issues reported during the fiscal year[103]. - The company has established a dedicated board secretary for information disclosure and investor relations management[162]. - The company maintains complete independence from its controlling shareholder in terms of personnel, assets, finance, and operations[164]. Environmental and Social Responsibility - The company is committed to enhancing safety production management and improving environmental management levels to ensure compliance with safety targets[69]. - The company emphasizes environmental protection, achieving a greening coverage rate of over 90% in certain wind power projects[116]. - The company actively engaged in social responsibility, donating 300,000 RMB to support COVID-19 prevention efforts[116].