Financial Performance - The company's operating revenue for 2021 was ¥3,588,708,109.25, a decrease of 47.53% compared to 2020[20]. - The net profit attributable to shareholders for 2021 was ¥98,650,564.47, down 56.17% from the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥92,025,729.20, reflecting a decline of 58.27% year-over-year[20]. - The diluted earnings per share for 2021 was ¥0.1723, a decrease of 56.17% compared to 2020[21]. - The company reported a weighted average return on equity of 3.48% for 2021, down 4.84% from the previous year[21]. - The company achieved total operating revenue of CNY 358,870.81 million, a decrease of 47.53% compared to the previous year[38]. - The company achieved a total operating cost of 2,848.514 million yuan in 2021, a decrease of 42.96% year-on-year[47]. - The company reported a significant increase in cash and cash equivalents of CNY 86,446.83 million, mainly from pre-sales of properties[38]. - The cash and cash equivalents increased by 131.40% to ¥864,468,251.94 in 2021, compared to ¥373,577,776.97 in 2020[58]. - The total cash inflow from operating activities was ¥6,585,710,703.58, reflecting a 70.50% increase from ¥3,862,636,634.47 in the previous year[58]. Business Operations - The main business remains focused on gas sales, real estate development, and passenger transport, with no changes during the reporting period[19]. - The company has maintained its status as a comprehensive listed company with core operations in gas sales, real estate, and passenger transport since its major asset restructuring in 2015[19]. - The company experienced a significant increase in natural gas consumption, with a 12.7% year-over-year growth in apparent consumption[31]. - The average sales price of commercial residential properties in Nanjing increased by 4.17% year-over-year, reflecting a slight market recovery[32]. - The automotive operation revenue rose by 37.01% to CNY 14,756.19 million, reflecting a recovery in passenger volume and taxi contract fees[38]. - The company operates 3,636 taxi licenses, controlling nearly one-third of the traditional taxi market in Nanjing[36]. - The company has launched nearly 600 new energy vehicles in 2021, aligning with national green development goals[36]. - The company is focusing on digital upgrades and the integration of traditional and new taxi services to enhance competitiveness in the transportation sector[32]. Revenue Breakdown - Gas sales revenue increased by 16.27% to CNY 2,465,404.57 million, driven by higher supply volume and average sales price[39]. - Real estate development revenue decreased by 95.60% to CNY 172,246.88 million, primarily due to lower project delivery volume compared to the previous year[38]. - The engineering construction revenue increased by 8.10% to CNY 28,130.99 million, attributed to higher income from gas installation and construction projects[38]. - Real estate development sales volume increased by 706.90% to 126,608.17 square meters in 2021 from 15,690.66 square meters in 2020[44]. - Gas sales volume rose by 5.30% to 76,290,000 cubic meters in 2021 compared to 72,447,000 cubic meters in 2020[44]. Research and Development - The company’s R&D expenses rose by 54.06% to 8,225,028.96 yuan, primarily due to increased salaries for R&D personnel[51]. - The company completed several key R&D projects, including a high-precision gas leak detection system and an automated inspection system for high-pressure pipelines, aimed at improving operational efficiency and reducing costs[53]. - The company has developed a CRM prepayment software to enhance payment methods for gas fees, allowing real-time shutoff for overdue accounts[53]. - The investment in new technologies, such as hydrogen energy utilization and data security enhancements, is expected to significantly impact future development and operational efficiency[53]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥1,044,227,384.25, a 155.45% increase compared to the previous year[20]. - The net cash flow from investment activities for the year was -37,001,236.81 CNY, an increase of 78.17% compared to the previous year, mainly due to the increase in the scope of consolidation with Jianxin Zhongbei[59]. - The net cash flow from financing activities was -142,471,455.23 CNY, a decrease of 105.87% year-on-year, primarily due to a reduction in bank withdrawals and minority shareholder loans received[59]. - The company reported a significant increase in inventory, which rose to 5,193,094,757.01 CNY, accounting for 36.63% of total assets, up from 31.28%[63]. Corporate Governance - The company has maintained a governance structure that ensures transparency and protects shareholder interests, with a board of 9 members including 3 independent directors[98]. - The company emphasizes compliance with legal regulations and effective internal controls to enhance operational standards and shareholder value[97]. - The company has a complete and independent business system, capable of autonomous decision-making and management[102]. - The company has established an independent financial department, implementing independent accounting and financial decision-making[104]. - The company has complied with all relevant laws and regulations regarding corporate governance, with no significant discrepancies[101]. Shareholder Engagement - The company implemented a cash dividend policy, distributing 0.65 CNY per 10 shares to shareholders, based on a total share capital of 572,646,934 shares[133]. - The company plans to distribute a cash dividend of RMB 1 per 10 shares, totaling RMB 57,833,193.40, which represents 100% of the distributable profit of RMB 810,234,313.71[135]. - The cash dividend distribution plan is subject to approval by the shareholders' meeting, highlighting the importance of shareholder engagement[135]. - The company has established a stock incentive plan, which was approved by the board on December 30, 2021, to motivate management performance[136]. Social Responsibility - The company received multiple honors, including "Civilized Unit of Nanjing" and "Civilized Unit of Jiangsu Province," reflecting its commitment to social responsibility[155]. - The company engaged in various public welfare activities, including pandemic response efforts, demonstrating its social responsibility[156]. Future Outlook - Future outlook indicates a focus on expanding market presence and enhancing product offerings, with specific growth targets set for the upcoming fiscal year[112]. - The management team emphasizes the importance of sustainable practices in future business strategies, aligning with industry trends[112]. - The company plans to invest in technology upgrades to enhance operational efficiency and customer engagement[112].

Financial Performance - The company's operating revenue for Q3 2021 was ¥600,717,789.98, an increase of 2.50% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥18,701,321.88, a decrease of 2131.88% year-on-year[3]. - The company reported a basic earnings per share of -¥0.0327, a decrease of 2143.75% compared to the same period last year[3]. - Total operating revenue for the third quarter was CNY 2,356,790,324.82, a decrease from CNY 5,893,893,505.00 in the same period last year, representing a decline of approximately 60%[21]. - Net profit for the quarter was CNY 43,240,042.73, significantly lower than CNY 774,545,128.66 in the previous year, reflecting a decrease of approximately 94%[22]. - The total comprehensive income for the period reached CNY 51,101,342.25, compared to CNY 777,503,246.52 in the previous period[23]. - The company reported a basic and diluted earnings per share of CNY 0.0019, a decrease from CNY 0.7043 in the previous period[23]. Cash Flow and Assets - The cash flow from operating activities for the year-to-date was ¥1,362,717,861.50, reflecting a significant increase of 170.22%[3]. - The net cash flow from operating activities was CNY 1,362,717,861.50, a significant improvement from a negative CNY 1,940,523,308.32 in the same period last year[26]. - Cash inflow from sales of goods and services amounted to CNY 3,840,744,253.02, up from CNY 2,495,974,398.02 in the previous year[25]. - The company's cash and cash equivalents were CNY 1,801,582,176.49, up from CNY 1,184,032,967.33, reflecting a growth of approximately 52%[17]. - Cash and cash equivalents at the end of the period totaled CNY 1,794,272,513.52, an increase from CNY 980,087,982.94 at the end of the previous year[27]. - The cash flow from other operating activities was CNY 535,972,383.54, an increase from CNY 316,154,148.08 in the previous period[26]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥11,909,375,995.86, representing an 8.32% increase from the end of the previous year[4]. - The company's total assets as of September 30, 2021, were CNY 11,909,375,995.86, an increase from CNY 10,994,972,739.47 at the end of 2020, representing a growth of about 8.3%[19]. - Current assets totaled CNY 6,495,645,363.94, up from CNY 5,546,262,889.22, marking an increase of approximately 17.1%[17]. - Total liabilities reached CNY 7,967,847,464.04, compared to CNY 7,140,702,082.88, indicating an increase of about 11.6%[19]. - Total equity attributable to shareholders decreased by 0.98% to ¥2,768,242,587.26 compared to the end of the previous year[4]. - Total equity attributable to shareholders reached ¥2,795,526,527.67, while total equity including minority interests was ¥3,854,270,656.59[32]. - The company has a long-term loan of ¥1,740,999,999.96, indicating significant leverage[31]. - The company has a total of ¥255,564,692.07 in taxes payable, indicating ongoing tax obligations[31]. Investments and Joint Ventures - The decline in net profit was primarily due to increased investment in ongoing real estate projects and the absence of revenue from property deliveries this period[9]. - The company established a joint venture with Nanjing Jinjiji Building Technology Co., Ltd., investing ¥25 million to form Nanjing Zhongbei Jinjiji Building Decoration Co., Ltd., aimed at expanding into smart real estate[14]. - The company provided financial assistance through its subsidiary, with a maximum loan limit of ¥30 million to Tangshan Construction Investment Co., Ltd.[13]. Research and Development - Research and development expenses for the quarter were CNY 2,441,121.40, compared to CNY 1,700,051.67 in the previous year, indicating an increase of approximately 43.5%[22]. Other Financial Information - The company incurred a net cash outflow from financing activities of CNY 629,533,742.58, contrasting with a net inflow of CNY 2,248,181,138.24 in the previous period[27]. - The company has a total of ¥336,118,956.61 in other payables, which may include various liabilities[31]. - The company has a deferred income of ¥164,025,918.17, indicating future revenue recognition[31]. - The company has a capital reserve of ¥407,350,699.37, which contributes to its financial stability[31]. - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[33].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,756,072,534.84, a decrease of 66.92% compared to ¥5,307,802,817.43 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥19,815,843.39, down 95.08% from ¥402,370,421.04 in the previous year[18]. - The basic earnings per share decreased to ¥0.0346, down 95.08% from ¥0.7027 in the previous year[18]. - The company achieved a revenue of 1.756 billion CNY and a net profit attributable to the parent company of 19.82 million CNY, with earnings per share of 0.0346 CNY for the first half of 2021[30]. - Total revenue for the reporting period was ¥1,756,072,534.84, a decrease of 66.92% compared to ¥5,307,802,817.43 in the same period last year[54]. - The company reported a total comprehensive income of CNY 52,829,991.51 for the first half of 2021, significantly lower than CNY 759,245,957.04 in the first half of 2020[139]. - The company reported a significant decline in revenue and profit for its subsidiary Hangzhou Langyou, primarily due to the absence of revenue recognition from property deliveries in the current period[72]. Cash Flow and Investments - The net cash flow from operating activities was ¥459,646,039.50, an increase of 121.69% compared to -¥2,119,480,822.38 in the same period last year[18]. - The cash flow from operating activities was ¥459,646,039.50, a substantial improvement compared to a negative cash flow of ¥2,119,480,822.38 in the previous year, mainly due to reduced land transfer payments[52]. - Total cash inflow from operating activities was ¥2,740,114,055.32, while cash outflow was ¥2,280,468,015.82, resulting in a net cash flow of ¥459,646,039.50[146]. - The company reported a net cash flow from investing activities of -¥159,773,720.45, indicating increased investment expenditures compared to -¥109,130,737.98 in the previous year[147]. - The company reported cash inflow from investment activities of ¥170,524,936.24, compared to ¥15,691,605.13 in the previous year[150]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,929,841,429.60, a slight decrease of 0.59% from ¥10,994,972,739.47 at the end of the previous year[18]. - The total liabilities decreased to CNY 7,020,044,181.45 from CNY 7,140,702,082.88, a reduction of approximately 1.7%[130]. - The total equity attributable to shareholders rose to CNY 2,814,470,044.33, compared to CNY 2,795,526,527.67, marking an increase of approximately 0.7%[131]. - The company's cash and cash equivalents at the end of the reporting period were ¥1,126,112,715.79, a decrease of 0.47% from the previous year[60]. - The total actual guarantee amount accounted for 0.14% of the company's net assets[104]. Business Operations and Strategy - The company plans to deepen its real estate development in Nanjing and surrounding areas, focusing on joint development projects with brand real estate developers[35]. - The gas business is expected to grow further with the improvement of natural gas supply capacity and market-oriented pricing reforms, alongside the promotion of smart gas meters[36]. - The company aims to enhance operational efficiency and safety in the gas sector by implementing a comprehensive safety responsibility system and improving management practices[33]. - The company is actively pursuing urban renewal projects and comprehensive development of underutilized land to adapt to regulatory changes in the real estate sector[44]. - The company plans to continue its strategy of selective deep cultivation in the real estate sector, focusing on high-quality project development and brand enhancement[48]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total number of shares remained unchanged at 572,646,934, with no new shares issued or repurchased[111]. - The largest shareholder, Nanjing Public Holdings Group Co., Ltd., holds 49.53% of the shares, totaling 283,659,711 shares[114]. - The company has not engaged in any significant asset or equity sales during the reporting period[69]. - There were no guarantees provided to shareholders or related parties during the reporting period[104]. Risks and Compliance - The company has acknowledged potential risks in its future development as discussed in the management analysis section[4]. - The company and its subsidiaries are not classified as key pollutant discharge units by environmental protection authorities[83]. - No administrative penalties were imposed on the company or its subsidiaries during the reporting period due to environmental issues[83]. - The company has not engaged in any significant related party transactions exceeding 30 million yuan or 5% of the latest audited net asset value[93]. Research and Development - The company reported a significant increase in R&D investment, totaling ¥1,777,847.22, which is a 50.78% increase from ¥1,179,094.64, attributed to increased R&D expenses at its subsidiary Nanjing Porthua[52]. - Investment in R&D for new technologies has increased by 25%, focusing on sustainable solutions and digital transformation[191]. Market Position and Growth - The company has a market share of nearly one-third in the taxi market of Nanjing, controlling 3,877 taxi operation licenses[33]. - The company projects a revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion strategies[191]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share within the next two years[191].

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,077,093,920.62, representing a 26.55% increase compared to ¥851,132,920.36 in the same period last year[7] - Net profit attributable to shareholders was ¥16,387,299.26, a significant increase of 276.38% from ¥4,353,977.55 in the previous year[7] - The net profit after deducting non-recurring gains and losses reached ¥18,000,823.17, up 269.66% from ¥4,869,565.03 year-on-year[7] - Basic earnings per share increased to ¥0.0286, up 276.32% from ¥0.0076 in the previous year[7] - Operating profit surged by 119.29% to CNY 5,515.70 million, driven by higher gas sales volume and prices[15] - Net profit attributable to the parent company rose by 276.38% to CNY 1,638.73 million, reflecting significant growth in gas sales[15] - The company reported a total comprehensive income of CNY 34,502,125.90, compared to CNY 14,962,954.19 in the previous year, indicating a significant improvement[46] - The net profit for the quarter was CNY 6.30 million, compared to a net loss of CNY 2.13 million in the same period last year, indicating a significant turnaround[50] Cash Flow - The net cash flow from operating activities was ¥120,858,954.74, a turnaround from a negative cash flow of -¥84,492,788.11 in the same period last year, marking a 243.04% improvement[7] - The company's cash flow from operating activities improved significantly, reaching CNY 12,085.90 million, a 243.04% increase compared to the previous period[17] - The operating cash flow for the quarter was CNY 120.86 million, recovering from a negative cash flow of CNY -84.49 million in the previous year[53] - The company's investment activities resulted in a net cash outflow of CNY -120.12 million, compared to a net outflow of CNY -73.68 million in the previous year[53] - The financing activities generated a net cash outflow of CNY -117.35 million, a decrease from a net inflow of CNY 375.80 million in the previous year[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,994,700,918.02, showing no significant change from ¥10,994,972,739.47 at the end of the previous year[7] - The company's total assets decreased to CNY 3,805,017,813.30 from CNY 3,984,963,448.25, showing a decline of about 4.5%[41] - Total liabilities decreased to CNY 1,512,746,409.90 from CNY 1,697,763,066.46, a reduction of approximately 10.9%[41] - The company's total liabilities as of March 31, 2021, were RMB 7.103 billion, a slight decrease from RMB 7.141 billion at the end of 2020[36] - The company's total liabilities amounted to CNY 7,173,902,250.13, with a corresponding adjustment of CNY 33,200,167.25[60] Shareholder Information - The company reported a total of 45,244 common shareholders at the end of the reporting period[11] - The largest shareholder, Nanjing Public Utilities Holdings Group Co., Ltd., holds 49.53% of the shares, totaling 283,659,711 shares[11] - The net assets attributable to shareholders increased to ¥2,812,303,446.63, a 0.60% rise from ¥2,795,526,527.67 at the end of the previous year[7] - The company's equity attributable to shareholders increased slightly to CNY 2,292,271,403.40 from CNY 2,287,200,381.79, reflecting a marginal growth[41] Operational Efficiency - The company experienced a significant decrease in other current liabilities by 85.97% to CNY 1,890.92 million, mainly due to repayments by its subsidiary Nanjing Port Gas[15] - The company reported a decrease in inventory to RMB 3.552 billion from RMB 3.445 billion, indicating improved inventory management[34] - The company has no significant contracts or entrusted financial management activities during the reporting period, indicating a focus on core operations[26][29] - The company has no non-compliance issues regarding external guarantees during the reporting period, reflecting prudent financial management[27] - The company has no significant non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[28] Future Plans and Projects - The company plans to use CNY 10,026.70 million of remaining raised funds to repay bank loans, following the decision to terminate the "Nanjing Chuanqi East Send Natural Gas Utilization Project Phase II" due to uncertainty in implementation[18] - The project "Youfangqiao High-Pressure Regulating Station and Supporting High-Pressure Pipeline Project" has been largely completed with a total investment of CNY 5,077.97 million, of which CNY 4,864.48 million has been utilized[22] - The company plans to terminate the use of raised funds for the "Nanjing Chuanqi East Send Natural Gas Utilization Project Phase II" and will instead use the remaining raised funds of RMB 100.267 million to repay bank loans[25] Tax and Expenses - The company reported a 110.89% increase in income tax expenses to CNY 1,558.45 million, correlating with the rise in operating profit[15] - The total operating costs amounted to CNY 1,049,894,710.06, compared to CNY 859,585,553.61 in the prior year, reflecting a significant rise[44] - The company incurred a total operating expense of CNY 1,294.31 million, up from CNY 1,062.31 million in the previous year, reflecting increased operational costs[53] - Research and development expenses were CNY 442,857.07, slightly down from CNY 492,912.82, suggesting a focus on cost management[44] Compliance and Standards - The company implemented a new leasing standard affecting the balance sheet, resulting in an adjustment of CNY 33,200,167.25[58] - The company's first quarter report was not audited[64]

Financial Performance - The company's operating revenue for 2020 was CNY 6,839,653,806.57, representing a 90.32% increase compared to CNY 3,593,702,456.91 in 2019[15] - The net profit attributable to shareholders for 2020 was CNY 225,082,875.72, a 122.39% increase from CNY 101,210,766.09 in 2019[15] - The net profit after deducting non-recurring gains and losses was CNY 220,534,680.57, up 116.85% from CNY 101,699,317.55 in 2019[15] - The basic earnings per share for 2020 was CNY 0.3931, an increase of 122.47% from CNY 0.1767 in 2019[15] - The total assets at the end of 2020 were CNY 10,994,972,739.47, a decrease of 9.36% from CNY 12,130,152,123.64 at the end of 2019[15] - The net assets attributable to shareholders increased by 7.44% to CNY 2,795,526,527.67 at the end of 2020, compared to CNY 2,601,912,764.16 at the end of 2019[15] - The weighted average return on equity for 2020 was 8.32%, an increase from 3.93% in 2019[15] - The company achieved operating revenue of CNY 683,965.38 million, an increase of 90.32% compared to the previous year[50] - Real estate development revenue reached CNY 391,465.88 million, a significant increase of 32,581.81% year-on-year, primarily due to the delivery of the Hangzhou Langyou project[50] - The company reported a net increase in cash and cash equivalents of CNY 37,357.78 million, primarily due to increased bank loans compared to the previous year[50] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -1,883,294,755.81, a decline of 107.72% compared to CNY -906,643,524.53 in 2019[15] - The company reported a net cash flow from financing activities increased by 300.97% to ¥2,427,175,892.60 from ¥605,325,064.90 in 2019[71] - The total cash outflow from investment activities for the year was ¥352,957,789.67, a decrease of 57.18% compared to the previous year[72] - The net cash flow generated from investment activities was -¥169,471,017.90, an increase of 73.64% year-over-year[72] - The company has a remaining balance of 9,990.93 million CNY in raised funds as of the end of the reporting period[94] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.65 per 10 shares, totaling CNY 37,229,000.00 based on 572,646,934 shares[4] - In 2020, the cash dividend accounted for 16.54% of the net profit attributable to shareholders of the listed company[117] - The cash dividend policy is in compliance with the company's articles of association and ensures the protection of minority shareholders' rights[113] Real Estate Development - The company has expanded its real estate development model to include "self-built + joint development + fund investment," enhancing project development efficiency[24] - The company has accumulated a total development area of approximately 1 million square meters, with nearly 500,000 square meters developed independently, which significantly supports its main business development[39] - The company is focusing on low-efficiency land redevelopment and urban renewal projects to adapt to the tightening regulatory environment in the real estate sector[39] - The company reported a pre-sale area of 87,410.95 square meters for the 杭州熙华府 project, generating sales revenue of approximately 391.45 million yuan[45] Operational Efficiency and Cost Management - The company's total operating costs increased by 71.70% to CNY 499,385.49 million, primarily due to the costs associated with the delivery of the Hangzhou Langyou project[50] - The total land cost in real estate development surged by 37,533.78% to ¥1,510,968,440.84, making up 56.11% of operating costs[59] - The company’s R&D investment amounted to ¥5,338,679.26, an increase of 52.59% compared to ¥3,498,716.67 in 2019[69] Risk Management and Compliance - The company has identified potential risk factors for future development in its report, urging investors to pay attention to these risks[4] - The company has faced macroeconomic risks due to global economic slowdown and increased uncertainty in financial policies[107] - Regulatory risks in the gas industry include strict supervision of natural gas sales prices and installation fees, impacting operational costs[108] - The company has maintained compliance with commitments to avoid competition with controlling shareholders and related parties, ensuring no violations occurred[121] Governance and Management - The company has a commitment to transparency in its governance practices, as evidenced by the detailed reporting of board member changes and qualifications[192] - The management team is composed of professionals with advanced degrees and significant industry experience, enhancing the company's strategic capabilities[194] - The company is focused on maintaining a strong governance structure with independent directors and a diverse skill set among its leadership[195] Market Expansion and Future Outlook - The company is exploring potential acquisitions to bolster its service offerings, with a budget of $100 million allocated for this purpose[199] - Market expansion plans include entering three new regional markets by Q3 2024, projected to increase market share by 10%[198] - New product launches are anticipated to contribute an additional $200 million in revenue over the next fiscal year[200]

Financial Performance - Operating revenue for the current period was CNY 586,090,687.57, a decrease of 10.40% year-on-year, while year-to-date revenue increased by 125.27% to CNY 5,893,893,505.00[8] - Net profit attributable to shareholders decreased by 96.94% to CNY 920,395.12 for the current period, but increased by 362.96% year-to-date to CNY 403,290,816.16[8] - Basic and diluted earnings per share both decreased by 96.95% to CNY 0.0016 for the current period, while year-to-date earnings per share increased by 363.05% to CNY 0.7043[8] - Total revenue for the period reached CNY 5,893,893,505, a 125.27% increase compared to the previous period, primarily due to the delivery of the Hangzhou Langyou project[16] - Net profit attributable to the parent company was CNY 403,290,816, reflecting a 362.96% increase, driven by the recognition of profits from the Hangzhou Langyou project[16] - Total operating revenue for Q3 2020 was CNY 586,090,687.57, a decrease of 10.4% compared to CNY 654,115,886.62 in the same period last year[34] - The company reported a net profit of CNY 1,837,155,152.07 in retained earnings, up from CNY 1,471,086,386.62, representing an increase of approximately 24.8%[29] - The net profit for the third quarter of 2020 was CNY 774,545,128.66, a significant increase from CNY 141,881,475.36 in the same period last year, representing a growth of approximately 446%[41] - The total revenue for the third quarter was CNY 1,047,143,413.45, compared to CNY 180,192,082.42 in the previous year, indicating a substantial increase[41] Assets and Liabilities - Total assets decreased by 11.01% to CNY 10,842,073,503.16 compared to the end of the previous year[8] - Accounts receivable decreased by 27.22% to CNY 223,449,743.20, mainly due to the recovery of gas payments from Nanjing Port Hua[16] - Short-term borrowings increased by 27.12% to CNY 2,546,785,122.12, attributed to an increase in bank loans[16] - Long-term borrowings surged by 170,793.95% to CNY 430,000,000, primarily due to increased development loans from Nanjing Beisheng[16] - Other receivables decreased by 68.24% to CNY 224,735,791.39, mainly due to repayments from minority shareholders by Hangzhou Langyou[16] - The company’s total liabilities decreased from CNY 8,554,029,541.76 to CNY 6,742,926,261.01, a reduction of approximately 21.2%[28] - Current liabilities increased from CNY 7,701,828,815.32 to CNY 4,575,972,915.88, indicating a decrease of approximately 40.0%[28] - Non-current liabilities rose from CNY 852,200,726.44 to CNY 2,166,953,345.13, an increase of about 154.0%[28] - Owner's equity increased from CNY 3,576,122,581.88 to CNY 4,051,147,242.15, reflecting a growth of approximately 13.2%[29] Cash Flow - The net cash flow from operating activities increased by 147.16% to CNY 178,957,514.06 for the current period[8] - Cash received from investment income increased by 103.97% to CNY 40,374,822.06, reflecting higher dividends from joint ventures compared to the previous year[16] - The company reported a cash inflow from operating activities of CNY 2,495,974,398.02, down from CNY 2,856,406,972.31, indicating a decrease of about 12.6%[47] - The net cash flow from operating activities was -1,940,523,308.32 CNY, a significant decline compared to -128,286,961.44 CNY in the previous period[48] - Total cash inflow from financing activities reached 4,606,503,000.00 CNY, up from 1,911,000,000.00 CNY in the prior period[49] - The net cash flow from investment activities was -122,743,139.75 CNY, an improvement from -396,423,007.42 CNY in the previous period[48] - Cash and cash equivalents at the end of the period totaled 980,087,982.94 CNY, compared to 933,796,075.19 CNY at the end of the previous period[49] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,094, with the largest shareholder holding 49.53% of the shares[12] - The company has not engaged in any repurchase transactions during the reporting period[13] Operational Insights - There are no significant new product developments or market expansion strategies mentioned in the report[15] - The company reported a total operating cost of CNY 4,924,971,862.07 for the year-to-date period, compared to CNY 2,532,399,563.38 in the previous year, reflecting an increase of about 94.3%[40] - The company’s total operating costs for the third quarter were CNY 578,856,499.41, down from CNY 625,319,481.90, a decrease of about 7.4%[35] - Financial expenses for the third quarter increased to CNY 21,994,309.44 from CNY 5,824,855.92, marking a rise of approximately 277.5%[35] - The company received 2,987,000,000.00 CNY in borrowings, significantly higher than 1,338,000,000.00 CNY in the previous period[49] General Remarks - The report was presented by Chairman Li Xiang on October 27, 2020[65] - Future outlook and performance guidance were not detailed in the available documents[64] - The report does not include any specific numerical data or percentages related to performance[64] - The company did not disclose any audited financial results for the third quarter[64]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 5,307,802,817.43, representing a 170.50% increase compared to CNY 1,962,195,185.63 in the same period last year[16]. - The net profit attributable to shareholders of the listed company reached CNY 402,370,421.04, a significant increase of 605.28% from CNY 57,050,763.37 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was CNY 402,543,417.98, up 622.11% from CNY 55,745,368.42 year-on-year[16]. - The basic earnings per share increased to CNY 0.7027, reflecting a growth of 605.52% compared to CNY 0.0996 in the same period last year[16]. - The weighted average return on net assets improved to 14.45%, an increase of 12.22 percentage points from 2.23% in the previous year[16]. - The company achieved a total operating revenue of 5.308 billion yuan, an increase of 170.50% compared to the same period last year, primarily due to the recognition of revenue from the delivery of the Hangzhou Langyou project[32]. - The net profit attributable to the parent company was 402 million yuan, with earnings per share of 0.7027 yuan[32]. - The company reported a net profit of CNY 760,096,922.46, a significant increase compared to CNY 94,929,405.77 in the same period of 2019, representing a growth of approximately 700%[141]. - The total comprehensive income for the period amounted to CNY 185,562,063, which includes a significant increase in retained earnings[161]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 10,778,607,261.22, down 11.14% from CNY 12,130,152,123.64 at the end of the previous year[16]. - The net assets attributable to shareholders of the listed company increased to CNY 2,973,112,665.54, a rise of 14.27% from CNY 2,601,912,764.16 at the end of the previous year[16]. - The total liabilities as of June 30, 2020, amounted to CNY 6,743,981,365.11, a decrease from CNY 8,554,029,541.76 at the end of 2019[133]. - The company's total current liabilities as of June 30, 2020, were CNY 4,644,677,694.57, down from CNY 7,701,828,815.32 at the end of 2019[133]. - The total equity attributable to shareholders increased to CNY 2,973,112,665.54 from CNY 2,601,912,764.16 at the end of 2019, representing a growth of about 14%[133]. Cash Flow - The net cash flow from operating activities was negative at CNY -2,119,480,822.38, a decline of 943.68% compared to CNY 251,219,808.88 in the same period last year[16]. - Total cash inflow from operating activities was 2,017,024,820.66 CNY, while cash outflow was 4,136,505,643.04 CNY, resulting in a net cash outflow of 2,119,480,822.38 CNY[149]. - Cash inflow from financing activities totaled 3,842,993,000.00 CNY, while cash outflow was 1,559,291,950.70 CNY, leading to a net cash inflow of 2,283,701,049.30 CNY[150]. - The net cash flow from financing activities was ¥2,283,701,049.30, reflecting a substantial increase of 455.04% due to an increase in bank loans during the period[42]. Revenue Breakdown - Revenue from real estate development surged to ¥3,844,443,943.85, accounting for 72.43% of total revenue, with a staggering year-on-year increase of 32,745.13%[41]. - Gas sales contributed ¥1,138,985,595.66, representing 21.46% of total revenue, but saw a decline of 7.80% compared to the previous year[41]. - The company sold 3.8722 billion cubic meters of pipeline natural gas, adding 26,500 new residential and commercial users, bringing the total customer count to 1.6661 million[33]. - The company reported a decrease in automotive operation revenue by 34.77% to 44.79 million yuan, primarily due to the impact of the pandemic[37]. - The company experienced a decline in revenue from tourism services, which fell by 86.15% year-on-year, primarily due to the impact of the pandemic[42]. Investments and Acquisitions - The company is actively pursuing acquisitions of other taxi companies to enhance market share and reduce operational costs[24]. - The company made a significant equity investment of ¥51,000,000.00 in Nanjing Zhongbei Jinjizhiye Co., holding a 51% stake, with an investment loss of ¥995,012.50 reported[55]. - The company participated in a public land auction on May 27, 2020, winning the land use rights for the Nanjing Jiangbei NO. New District 2020G03 plot for RMB 1.99 billion[101]. - A cooperation development agreement was signed on June 9, 2020, with a joint investment of RMB 2.1 billion for the residential project on the aforementioned land, with the company holding a 51% stake[102]. Operational Challenges - The company faces risks in the passenger transport industry due to competition with ride-hailing platforms, which may prolong the recovery period for stable profitability[67]. - The gas industry is affected by reduced natural gas sales due to the pandemic, impacting project completion timelines and new business promotions[67]. - The real estate sector is impacted by "one city, one policy" regulations, limiting profit margins and increasing investment risks[67]. Corporate Governance - The company has not engaged in any significant related party transactions during the reporting period[83]. - The total number of ordinary shareholders at the end of the reporting period was 26,289[109]. - The largest shareholder, Nanjing Public Holdings (Group) Co., Ltd., holds 49.53% of the shares, totaling 283,659,711 shares[109]. - The company has not conducted any entrusted financial management during the reporting period[96]. - The company’s board of directors saw changes with the appointment of two new deputy general managers and the election of two independent directors[122]. Future Outlook - The report includes forward-looking statements regarding future plans and strategies, which are subject to market conditions and uncertainties[4]. - The company plans to accelerate project development in the real estate sector to reduce costs and improve efficiency under the national policy of "housing is for living, not for speculation"[70]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and profitability in the future[145].

Financial Performance - Revenue for Q1 2020 was CNY 851,132,920.36, a decrease of 27.54% compared to CNY 1,174,615,207.74 in the same period last year[8]. - Net profit attributable to shareholders was CNY 4,353,977.55, down 45.27% from CNY 7,954,668.36 year-on-year[8]. - Net profit excluding non-recurring items was CNY 4,869,565.03, a decline of 51.63% compared to CNY 10,066,481.33 in the previous year[8]. - Basic earnings per share decreased by 45.32% to CNY 0.0076 from CNY 0.0139 year-on-year[8]. - Total profit decreased by 22.80% to ¥23,406,555.15 from ¥30,319,207.04, mainly due to the pandemic's impact[16]. - The company reported a net loss of CNY 2,134,512.01 for Q1 2020, contrasting with a net profit of CNY 3,524,519.48 in Q1 2019[41]. - The company reported a comprehensive income total of CNY 14,962,954.19, down 34.7% from CNY 22,882,630.91 in the previous year[38]. Cash Flow - Net cash flow from operating activities was negative CNY 84,492,788.11, worsening by 304.14% from negative CNY 20,907,063.27 in the same period last year[8]. - The net cash flow from operating activities was -84,492,788.11 CNY, compared to -20,907,063.27 CNY in the previous period, indicating a decline in operational performance[45]. - The company repaid less bank loans in the current period, leading to a significant change in cash flow from financing activities, which improved by 177.92% to ¥375,804,095.38 from a negative cash flow of ¥482,317,716.62[16]. - Total cash inflow from financing activities was 991,700,000.00 CNY, up from 890,000,000.00 CNY in the previous period, reflecting increased borrowing[46]. - The net cash flow from financing activities improved to 375,804,095.38 CNY from -482,317,716.62 CNY, showing a significant recovery in financing operations[46]. - The cash inflow from operating activities totaled 836,923,303.36 CNY, an increase from 670,053,704.65 CNY in the previous period, indicating improved sales performance[48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,418,929,754.74, an increase of 2.38% from CNY 12,130,152,123.64 at the end of the previous year[8]. - Total liabilities increased to CNY 8,828,628,050.12 from CNY 8,554,029,541.76, indicating a rise in financial obligations[30]. - Total current liabilities included short-term borrowings of CNY 448,466,701.37[55]. - Total assets reached CNY 12,130,152,123.64, with current assets totaling CNY 758,189,379.37[53]. - Owner's equity totaled CNY 3,576,122,581.88, including CNY 1,471,086,386.62 in undistributed profits[53]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,531[12]. - The largest shareholder, Nanjing Public Utilities Holdings Group Co., Ltd., holds 49.53% of the shares[12]. - Net assets attributable to shareholders increased slightly by 0.13% to CNY 2,605,373,555.07 from CNY 2,601,912,764.16 at the end of the previous year[8]. - The total equity attributable to shareholders increased to CNY 2,605,373,555.07 from CNY 2,601,912,764.16, indicating a stable equity position[30]. Operational Highlights - Operating revenue decreased by 27.54% to ¥851,132,920.36 from ¥1,174,615,207.74, primarily due to the impact of the pandemic on gas sales, tourism services, and automobile sales[16]. - Operating costs fell by 28.73% to ¥734,498,226.46 from ¥1,030,610,814.50, reflecting the decrease in operating revenue[16]. - The company's operating profit for Q1 2020 was CNY 25,152,292.57, a decrease of 31.2% compared to CNY 36,479,291.40 in the same period last year[37]. - The company did not report any significant new strategies, product developments, or market expansions during the reporting period[17]. Investment and Financial Management - Investment income increased by 82.32% to ¥13,334,127.07 from ¥7,313,479.67, attributed to increased investment returns[16]. - Financial expenses rose by 33.09% to ¥18,833,205.29 from ¥14,150,240.27 due to increased bank loans[16]. - The company incurred financial expenses of CNY 10,818,765.72, which is a substantial increase from CNY 2,610,657.05 in the previous year[40]. - The company reported a total cash outflow from investing activities of 79,709,884.91 CNY, compared to 167,297,898.98 CNY in the previous period, indicating reduced investment expenditures[45]. - The cash flow from investment activities showed a net inflow of 9,345,820.12 CNY, compared to a net outflow of -3,372,879.05 CNY in the previous period, indicating a positive shift in investment returns[49].

Financial Performance - The company's operating revenue for 2019 was CNY 3,593,702,456.91, representing a 2.45% increase compared to CNY 3,507,914,294.81 in 2018[14]. - The net profit attributable to shareholders decreased by 29.32% to CNY 101,210,766.09 from CNY 143,204,514.39 in the previous year[14]. - Basic earnings per share fell by 29.35% to CNY 0.1767 from CNY 0.2501 in 2018[14]. - The total assets at the end of 2019 were CNY 12,130,152,123.64, an increase from CNY 11,434,237,473.56 at the end of 2018[14]. - The net assets attributable to shareholders increased by 1.88% to CNY 2,601,912,764.16 from CNY 2,553,995,891.92 in 2018[14]. - The weighted average return on equity decreased to 3.93% from 5.72% in the previous year[14]. - The company reported a net cash flow from operating activities of CNY -778.36 million in Q4 2019, indicating significant cash outflows during that period[18]. - The company’s net profit after deducting non-recurring gains and losses was CNY 14.19 million in Q4 2019[18]. - The company reported a net decrease in cash and cash equivalents of CNY 942.43 million, largely due to land transfer payments and loan repayments[34]. - The company’s cash flow management remains stable, with no significant changes reported in capitalized R&D expenditures[50]. Revenue Breakdown - Revenue from automotive operations reached CNY 139.57 million, marking a significant increase of 26.56% year-on-year, primarily due to the consolidation of Anqing Zhongbei[35]. - Gas sales revenue increased by 10.17% to CNY 2,164.83 million, driven by higher gas supply volumes from Nanjing Port Hua[34]. - The real estate development revenue fell by 43.29% to CNY 11.98 million, attributed to a decrease in the area delivered from the Yingjun project[34]. - The tourism service revenue decreased by 29.37% to CNY 30.63 million, impacted by adverse market conditions[34]. - The engineering construction revenue decreased by 16.08% to CNY 427.86 million, primarily due to reduced income from gas installation and construction projects[34]. - The automotive sales revenue decreased by 3.78% to CNY 196.99 million, reflecting a decline in sales volume[34]. Investment and Development - The company successfully acquired the land use rights for the Nanjing Jiangning Binjiang NO.2019G54 plot, enhancing its real estate development prospects[32]. - The company has established a multi-channel development model in real estate, combining self-construction, joint development, and fund investment[32]. - The total investment amount during the reporting period was 388,091,994.55 CNY, representing a significant increase of 271.92% compared to 142,724,080.00 CNY in the previous year[63]. - The company made a total investment of CNY 324,144,400.00 in various projects, with a reported loss of CNY -441,365.99[65]. - The company has committed to invest a total of RMB 260 million in various projects, with 100% of the funds allocated to the purchase of cash assets and 95.72% of the funds for the Oilfangqiao project utilized[76]. Cash Dividend Policy - The company plans to distribute a cash dividend of CNY 0.65 per 10 shares, based on a total of 572,646,934 shares[4]. - The company distributed a cash dividend of RMB 0.65 per 10 shares, totaling RMB 37,222,050.71 for the year 2019, which represents 36.78% of the net profit attributable to ordinary shareholders[102]. - The cash dividend for 2017 was RMB 0.50 per 10 shares, totaling RMB 28,632,346.70, representing 19.28% of the net profit[102]. - The company has maintained a consistent cash dividend policy, ensuring clarity and compliance with its articles of association and shareholder resolutions[100]. - The company’s cash dividend payout ratio for 2019 was 100% of the distributable profit[103]. Operational Challenges and Strategies - The taxi industry is facing severe competition due to the rise of ride-hailing platforms, with traditional taxi services struggling to adapt[83]. - The company anticipates ongoing challenges in the taxi industry in 2020, including labor shortages and operational efficiency issues[83]. - The company emphasizes the need for improved service quality in response to intensified competition in the passenger transport sector[84]. - The company aims to enhance its core competitiveness through innovation and diversified development while optimizing resource allocation[87]. - In 2020, the company plans to focus on risk control and scientific decision-making to ensure sustainable development in its main business[88]. Corporate Governance - The company maintained independence from its controlling shareholders, ensuring no non-operating fund occupation by related parties[110]. - The company’s financial decision-making remains independent, with no interference from controlling shareholders in fund usage[110]. - The company has established specialized committees under the board, including a strategy committee and an audit committee, to provide recommendations for decision-making[198]. - The audit committee is composed of 3 directors, with the chair being an independent director and accounting professional, ensuring diligent oversight of financial audits[200]. - Independent directors attended 2 out of 13 board meetings in the reporting period, with no objections raised against company matters[197]. Research and Development - Research and development expenses increased by 46.64% to ¥3,498,716.67, driven by projects such as dual-source LNG vaporization technology[47]. - The number of R&D personnel increased by 62.50% to 13, reflecting a commitment to enhancing technical capabilities[49]. - Research and development expenditures have increased by 18% in 2019, focusing on innovative technologies in the utility sector[182]. Market Position and Future Outlook - The urban gas industry in China is experiencing rapid development, with natural gas becoming a key focus due to its economic and clean characteristics[85]. - The overall profitability of urban gas companies is expected to increase steadily as the marketization of natural gas prices continues[85]. - The real estate industry in China is transitioning from high-speed growth to stable growth, with brand advantages becoming more pronounced among leading companies[86]. - The company has set a performance guidance for 2020, projecting a revenue growth of 10% to 12%[182]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase the company's annual revenue by approximately 200 million RMB[179].

南京公用发展股份有限公司 2019 年第三季度报告全文 南京公用发展股份有限公司 2019 年第三季度报告 2019-49 2019 年 10 月 1 南京公用发展股份有限公司 2019 年第三季度报告全文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李祥、主管会计工作负责人孙彬及会计机构负责人(会计主管人 员)孙祥声明：保证季度报告中财务报表的真实、准确、完整。 2 南京公用发展股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 11,291,421,198.44 | 11,434,237,473.56 | | -1.25% | | 归属于上市公司股东的净资产（元） | 2 ...