证券代码：000532 证券简称：华金资本 公告编号：2023-030 珠海华金资本股份有限公司 表决结果：5 票同意，0 票反对，0 票弃权。 2、审议通过了《关于部分资产报废的议案》 第十届监事会第十四次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、监事会会议召开情况 珠海华金资本股份有限公司(以下简称"公司"或"本公司"）第十届监事会第十 四次会议于 2023 年 8 月 23 日在公司位于珠海市横琴国际金融中心大厦 33A 层的会议 室，以现场结合通讯的方式召开。会议通知于 8 月 13 日以电子邮件和书面方式送达 各位监事。本次会议应参会监事 5 名，实际到会监事 5 名。会议的召开与召集符合《公 司法》及本公司《章程》的有关规定。 二、监事会会议审议情况 1、审议通过了《关于<2023 年半年度报告全文及摘要>的议案》 经审核，监事会认为董事会编制和审议《2023 年半年度报告》及《2023 年半年度 报告摘要》的程序符合法律、法规和中国证监会的规定，报告内容真实、准确、完整 地反映了公司的实际情况，不存在任何虚假记载、误导性陈述或 ...

珠海华金资本股份有限公司独立董事 关于控股股东及其他关联方占用公司资金、公司对外担保情况的专项 说明及对第十届董事会第二十七次会议相关事项的独立意见 根据《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范 运作》、《深圳证券交易所股票上市规则（2023年修订）》、《关于在上市公司建立 独立董事制度的指导意见》等有关法律、法规以及《珠海华金资本股份有限公司 公司章程》（以下简称"公司《章程》"）的有关规定，作为珠海华金资本股份有 限公司（以下简称"公司"）的独立董事，现对公司2023年半年度关于控股股东 及其他关联方占用公司资金、公司对外担保等情况进行专项说明，并就第十届董 事会第二十七次会议审议的相关议案发表独立意见如下： 一、关于控股股东和其他关联方资金占用及关联交易的情况 1、公司能够遵守相关法律法规的规定，报告期内不存在控股股东及其他关联 方非正常占用公司资金的情况。公司建立健全了防止违规资金占用的相关内控制 度，并得到有效落实执行。 2、公司与珠海华发集团财务有限公司关联存贷款等金融业务情况，报告期， 公司在珠海华发集团财务有限公司存款余额 25,965.29 万元，贷款余额 17,000 ...

证券代码：000532 证券简称：华金资本 公告编号：2023-029 珠海华金资本股份有限公司 第十届董事会第二十七次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 珠海华金资本股份有限公司（以下简称"公司"或"本公司"）第十届董事会第 二十七次会议于 2023 年 8 月 23 日在公司位于珠海市横琴国际金融大厦 33A 的会议室 以现场结合通讯的方式召开。会议通知已于 2023 年 8 月 13 日以电子邮件和书面方式 送达各位董事。本次会议应参会董事 11 名，实际到会董事 11 名。会议的召开与召集 符合《公司法》及本公司《章程》的有关规定。 二、董事会会议审议情况： 1、审议通过了《关于<2023 年半年度报告全文及摘要>的议案》 董事会审议通过公司《2023 年半年度报告》全文及摘要，具体内容详见本公司同 日在巨潮资讯网的挂网公告《2023 年半年度报告》及《2023 年半年度报告摘要》（网 址：http://www.cninfo.com.cn）。 表决结果：11 票赞成，0 票弃权，0 票反对。 2、审议通过了 ...

2023 年半年度非经营性资金占用及其他关联资金往来情况汇总表 ②无控股股东、实际控制人的公司，存在第一大股东或第一大股东关联人非经营性占用资金的，也应填写本表非经营性占用部分。 编制单位：珠海华金资本股份有限公司 单位：万元 | | | 占用方与 | 上市公司 | 2023 年 | 2023 年半年度占 | 2023 年半年度 | | 2023 年半年度 | 2023 | 年上半 占用形成 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 资金占用方名称 | | 上市公司的 | 核算的 | 期初占用资 | 用累计发生金额 | 占用资金的利 | | 偿还累计发生 | | 年期末占用 原因 | 占用性质 | | | | 关联关系 | 会计科目 | 金余额 | (不含利息） | | 息（如有） | 金额 | | 资金余额 | | | 控股股东、实际控制 人及其附属企业 | | | | | | | | | | | 非经营性占用 | | 小计 | - | - | - | | | | | | ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥83,186,031.83, a decrease of 28.07% compared to ¥115,644,540.85 in the same period last year[5] - Net profit attributable to shareholders was ¥14,669,520.92, representing an increase of 4.77% from ¥14,001,807.41 year-on-year[5] - The net cash flow from operating activities increased by 60.71% to ¥100,874,233.51, up from ¥62,767,358.37 in the previous year[5] - The company's basic earnings per share rose to ¥0.0426, a 4.93% increase from ¥0.0406 in the same period last year[5] - The weighted average return on equity was 1.12%, up from 1.00% year-on-year, indicating improved profitability[5] - Total operating revenue decreased to ¥83,186,031.83 from ¥115,644,540.85, a decline of approximately 28.1% year-over-year[31] - Net profit increased to ¥19,444,276.33 from ¥15,602,339.91, marking an increase of approximately 24.0% year-over-year[32] - Basic and diluted earnings per share rose to ¥0.0426 from ¥0.0406, an increase of about 4.9% year-over-year[33] - The total comprehensive income for the period was ¥19,135,577.34, up from ¥15,317,596.43, indicating a growth of approximately 24.0% year-over-year[33] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,482,701,595.24, reflecting a 1.30% increase from ¥2,450,902,133.47 at the end of the previous year[5] - The company's total liabilities as of March 31, 2023, were RMB 1.0847 billion, compared to RMB 1.0721 billion at the beginning of the year[29] - The company's total equity as of March 31, 2023, was RMB 1.3980 billion, an increase from RMB 1.3788 billion at the beginning of the year[30] - Cash and cash equivalents increased to RMB 449.87 million from RMB 361.71 million at the beginning of the year[27] - Accounts receivable decreased to RMB 61.10 million from RMB 65.45 million at the beginning of the year[27] - The company reported a total current asset of RMB 592.02 million, up from RMB 501.66 million at the beginning of the year[28] Cash Flow and Investments - Investment activities generated a net cash flow of ¥31,741,869.99, a substantial increase of 158.48% compared to a net outflow of ¥54,277,008.46 in the previous year[14] - Cash and cash equivalents at the end of the period increased to ¥448,152,610.12 from ¥420,561,869.93, reflecting a growth of about 6.0%[35] - Investment activities generated a net cash inflow of ¥31,741,869.99 compared to a net outflow of ¥54,277,008.46 in the previous period[35] - The company reported a significant increase in investment income received, totaling ¥19,549,070.12 compared to ¥4,833,238.34 in the previous period[35] Expenses and Cost Management - The company experienced a 66.43% decrease in selling expenses, totaling ¥620,725.17, mainly due to the exclusion of Zhuhai Huaguan Technology from the consolidated scope[12] - Total operating costs decreased to ¥79,496,906.19 from ¥114,289,952.84, representing a reduction of about 30.4% year-over-year[31] - The company experienced a decrease in sales expenses to ¥620,725.17 from ¥1,848,876.00, a reduction of about 66.5% year-over-year[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,012, indicating a stable shareholder base[16] Contracts and Agreements - The company reported a total of 180.05 million RMB for property management services contracted with Huafa Property, with 24.64 million RMB paid during the reporting period[18] - The company signed a construction contract for the Zhuhai Huajin Innovation Center with a total contract value of 8.11 million RMB, with cumulative payments of 6.80 million RMB made by the end of the reporting period[19] - The company has a total of 4.97 million RMB for a three-year operational management contract with Zhuhai Huafa Industrial Park Management Company, with 1.58 million RMB paid to date[19] - The company has a rental contract for the Zhuhai Huajin Innovation Center with a total value of 11.96 million RMB, with cumulative receipts of 1.89 million RMB by the end of the reporting period[21] - The company has a five-year rental agreement with Huake Information Technology Company, with an estimated total transaction amount not exceeding 26.50 million RMB, and cumulative receipts of 0.16 million RMB[21] - The company signed a construction contract for the Zhuhai Huafa Smart Bay Innovation Center with a total price of RMB 1.6272 million, with cumulative payments of RMB 1.3944 million made by the end of the reporting period[22] - The company transferred 20% equity in Zhuhai Huafa Shuzhi Technology Co., Ltd. for a total of RMB 21.9642 million, with the transfer payment received by the end of the reporting period[22] Guarantees and Financial Arrangements - The company provided a joint liability guarantee of up to RMB 600 million for two subsidiaries, with a guarantee balance of RMB 285.1 million for Zhuhai Huajin Smart Bay Venture Capital Co., Ltd. by the end of the reporting period[25] - The company had a maximum deposit limit of 100 million RMB with Huafa Group Financial Company, with a balance of 24.70 million RMB at the end of the reporting period[18] - The company reported a total of 12.96 million RMB deposited with Huafa Group Financial Company during the reporting period[18] - The company has a loan limit of 60 million RMB with Huafa Group Financial Company, with no loans drawn during the reporting period[18] Miscellaneous - The first quarter report of Zhuhai Huajin Capital Co., Ltd. is unaudited[36] - The report was released on April 26, 2023, by the legal representative Guo Jin[37]

Financial Performance - The company's operating revenue for 2022 was ¥652,241,907.74, representing a 3.39% increase compared to ¥630,862,633.96 in 2021[21]. - The net profit attributable to shareholders decreased by 25.76% to ¥143,262,457.61 in 2022 from ¥192,972,315.91 in 2021[21]. - The net profit after deducting non-recurring gains and losses was ¥81,712,367.83, down 55.35% from ¥183,014,250.20 in the previous year[21]. - The cash flow from operating activities was ¥105,617,171.73, a decrease of 45.04% compared to ¥192,156,066.20 in 2021[21]. - The total assets at the end of 2022 were ¥2,450,902,133.47, down 12.10% from ¥2,788,350,162.88 at the end of 2021[21]. - The company's basic earnings per share for 2022 was ¥0.4156, a decline of 25.76% from ¥0.5598 in 2021[21]. - The company reported a significant non-recurring gain of ¥77,923,146.53 from the disposal of part of its equity in Huaguan Technology[27]. - The company’s weighted average return on equity decreased to 11.61% in 2022 from 17.80% in 2021, a drop of 6.19%[21]. - The company’s net assets attributable to shareholders increased by 10.81% to ¥1,297,326,552.73 at the end of 2022 from ¥1,170,737,317.77 at the end of 2021[21]. Business Operations and Strategy - The company has undergone several changes in its main business operations, with the latest shift focusing on investment and asset management, internet finance, and innovative industrial park construction[18]. - The company operates in multiple sectors including investment management, electronic component manufacturing, and water purification, with a focus on expanding its market presence[30]. - The company operates in multiple sectors including investment and management, electronic device manufacturing, electronic component manufacturing, water purification, and technology parks[54]. - The company’s subsidiary, Zhuhai Huajin Zhihui Bay Venture Capital Co., Ltd., launched the Zhihui Bay Innovation Center in 2022, covering an area of 30,000 square meters with a total construction area of approximately 119,000 square meters[47]. - The company plans to leverage the Greater Bay Area development to enhance its investment capabilities and project identification[62]. - The company aims to enhance its core competitiveness and sustainable profitability through strategic asset management and investment decisions[101]. - The company plans to expand its market presence and enhance product quality control, aiming for sustainable growth in the coming years[106]. - The company is focused on enhancing the service capabilities of its technology park by improving support for resident enterprises and fostering innovation[119]. Investment and Financial Management - The company has established a comprehensive investment management system covering fundraising, investment, management, and exit processes[63]. - The company’s long-term equity investments rose by 7.45% to ¥523,523,005.81, attributed to the remaining 20% stake in Huaguan Technology being accounted for using the equity method[87]. - The company reported a significant decrease in investment amounting to CNY 124,123,874.98, a decline of 57.68% compared to the previous year's investment of CNY 293,315,896.95[92]. - The company has ongoing significant non-equity investments, with a total investment of CNY 107,353,811.48 in the Zhihui Bay Innovation Center project, which has a cumulative actual investment of CNY 573,484,759.49[95]. - The company aims to enhance its equity investment capabilities by focusing on innovative and high-growth sectors, while ensuring a healthy investment ecosystem[115]. Environmental and Social Responsibility - The company has implemented significant environmental protection measures in compliance with national laws and standards[182]. - The company actively participates in ecological protection and pollution prevention, fulfilling its environmental responsibilities[193]. - The company contributed 100,000 yuan to support poverty alleviation and rural revitalization efforts in the Guangdong-Macao Deep Cooperation Zone[198]. - The company has established emergency response plans for environmental incidents, which were reviewed and approved by experts[188]. Governance and Management - The company maintains a strong governance structure, ensuring compliance with relevant laws and regulations, and protecting the rights of all shareholders[123]. - The company operates independently from its controlling shareholder in terms of business, personnel, assets, institutions, and finance, ensuring no interference in decision-making or operations[124]. - The board of directors has made 37 scientific decisions during the reporting period, ensuring effective corporate governance[125]. - The company has established a completely independent financial department with a sound financial management system, ensuring no interference from the controlling shareholder in financial activities[128]. - The company has a fully independent human resources management system, with key management personnel not holding other administrative positions in the controlling shareholder's unit[127]. Employee and Talent Management - The company has established a competitive and fair salary management system to attract and retain key talents, linking performance results closely with incentive measures[167]. - The company plans to continue enhancing its talent development strategies to improve organizational vitality and professional quality[168]. - The company employed a total of 376 staff members, with 168 in production, 12 in sales, 37 in technology, and 79 in investment[165][166]. Future Outlook - The company provided guidance for 2023, projecting a revenue growth of 15% to 1.725 billion RMB[150]. - Overall, the company remains optimistic about future growth, citing strong demand and a robust pipeline of new products[150]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of 500 million RMB allocated for this purpose[150].

证券代码：000532 证券简称：力合股份 力合股份有限公司投资者关系活动记录表 编号：2016-001 | --- | --- | --- | |----------------------------|----------------------------|------------------------------------------------| | | | | | 投资者关系活动类别 | √特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人员姓名 | 天风证券 洪骐 罗钻辉 | | | 时间 | 2016 年 9 月 13 | 日 | | 地点 | 公司会议室 | | | 上市公司接待人员姓名 | 公司董事会秘书 高小军 | | | | 证券事务代表 梁加庆 | | | 投资者关系活动主要内容介绍 | 一、目前主要投资平台介绍？ | | | | | 目前公司的投资平台主要有珠海华金创新投资有 | | | | 限公司和珠海华 ...

珠海华金资本股份有限公司投资者关系活动记录表 证券代码： 000532 证券简称：华金资本 | --- | --- | --- | |-----------------------|-----------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | □ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | √ 业绩说明会 | | 投资者关系 活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 □ 其他 | （请文字说明其他活动内容） | | 参与单位 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥189,514,619, representing a 42.05% increase compared to the same period last year[5]. - The net profit attributable to shareholders for the same period was ¥89,661,958.37, up 42.58% year-on-year[5]. - The net profit after deducting non-recurring gains and losses reached ¥89,123,703.21, reflecting a 47.39% increase compared to the previous year[5]. - The company's basic earnings per share for Q3 2022 was ¥0.2601, an increase of 42.58% year-on-year[5]. - The company reported a 40.74% increase in total operating revenue for the year-to-date, reaching ¥522,068,293.56[13]. - For the third quarter of 2022, the total operating revenue was CNY 522,068,293.56, up 40.7% from CNY 370,938,395.99 in the same period last year[30]. - The total operating costs for the same period were CNY 488,181,435.23, an increase of 45.2% compared to CNY 335,919,505.08 in the previous year[30]. - Net profit for Q3 2022 was ¥135,474,290.19, up from ¥96,162,367.16, reflecting an increase of 40.8%[31]. - The company reported a total comprehensive income of ¥140,927,389.53, compared to ¥94,354,995.34, an increase of 49.4%[32]. - The company’s total profit for the quarter was ¥179,246,994.63, compared to ¥108,592,647.51, an increase of 64.9%[31]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥2,592,202,292.43, a decrease of 7.03% from the end of the previous year[5]. - As of September 30, 2022, the total assets of Zhuhai Huajin Capital Co., Ltd. amounted to CNY 2,592,202,292.43, a decrease from CNY 2,788,350,162.88 at the beginning of the year[25]. - The company's total liabilities decreased to CNY 1,226,143,779.64 from CNY 1,433,477,287.60, indicating a reduction in financial obligations[27]. - The total equity attributable to shareholders increased to CNY 1,279,270,613.55 from CNY 1,170,737,317.77, reflecting a growth of approximately 9.3%[28]. Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥80,955,135.22, showing a decrease of 25.89% compared to the previous year[5]. - The cash and cash equivalents increased to CNY 500,610,975.06 from CNY 327,725,800.23, showing a significant improvement in liquidity[25]. - Cash flow from operating activities generated a net amount of ¥80,955,135.22, down from ¥109,232,110.16, a decrease of 25.9%[35]. - The company incurred financial expenses of ¥28,185,966.92, up from ¥22,336,925.43, reflecting a rise of 26.4%[31]. - Investment income for the year-to-date was ¥138,888,083.22, a significant increase of 147.93% compared to the previous year[13]. - Investment income surged to ¥138,888,083.22 from ¥56,019,994.28, a significant increase of 148.5%[31]. Research and Development - Research and development expenses for Q3 2022 amounted to ¥40,616,225.88, up 41.99% from the same period last year, indicating increased investment in new projects[13]. - R&D expenses increased to ¥40,616,225.88 from ¥28,605,283.08, representing a growth of 42.1% year-over-year[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,947, with no preferred shareholders having restored voting rights[17]. - The largest shareholder, Zhuhai Huafa Entity Industry Investment Holding Co., Ltd., holds 28.45% of the shares, amounting to 98,078,081 shares[17]. Contracts and Agreements - The company signed a construction contract for the Zhuhai Huajin Innovation Center with a total contract price of RMB 8,105,771.66, with cumulative payments of RMB 5,632,982.60 made as of the end of the reporting period[22]. - The company signed a lease contract for the Huajin Zhihui Bay Innovation Center with a total amount of CNY 11,960,800, which is aimed at R&D office use[24]. - The company transferred 33.02% equity of its subsidiary Huaguan Technology to Huashi Holdings for CNY 134,358,900, with the contract signed and payment received[24]. - The company has a financial service agreement with Zhuhai Huafa Group Financial Co., Ltd., with a maximum deposit limit of RMB 100 million and a loan limit of RMB 65 million[21]. - The company has signed multiple contracts for the Zhuhai Huajin Innovation Center project, with total amounts exceeding RMB 4,835.4 million for various construction and decoration works[23]. Inventory and Other Financial Metrics - The company experienced a significant reduction in inventory, with a decrease of 88.61%, amounting to ¥24,791,299.75[10]. - The company reported a decrease in contract liabilities to CNY 33,204,099.04 from CNY 173,500,050.05, suggesting improved revenue recognition practices[27]. - The company's long-term equity investments rose to CNY 445,039,386.56 from CNY 387,996,177.64, indicating a strategic focus on long-term growth[26].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 332,553,674.56, representing a 40.01% increase compared to CNY 237,528,861.37 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 34,100,738.48, up 16.11% from CNY 29,368,527.13 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 32,726,172.48, reflecting a 16.79% increase from CNY 28,020,295.86 year-on-year[20]. - The basic earnings per share rose to CNY 0.0989, an increase of 16.08% compared to CNY 0.0852 in the same period last year[20]. - The diluted earnings per share also increased to CNY 0.0989, reflecting a 16.08% growth from CNY 0.0852 year-on-year[20]. - The total comprehensive income for the first half of 2022 was ¥38,230,349.54, compared to ¥31,313,156.64 in the same period of 2021, marking a growth of 22%[165]. - The company's total operating costs were ¥319,421,782.69, which is a 41% increase from ¥226,883,632.52 in the first half of 2021[163]. - The tax expense for the first half of 2022 was ¥10,134,989.47, compared to ¥7,678,309.69 in the same period last year, indicating a 32% increase[164]. Cash Flow and Investments - The net cash flow from operating activities decreased by 8.08% to CNY 85,964,859.94, down from CNY 93,519,731.24 in the previous year[20]. - The company reported a net cash flow from financing activities of ¥31,288,451.82, a significant increase of 219.63% compared to a net outflow of ¥26,153,992.45 in the previous year, indicating improved financing conditions[42]. - Cash inflow from financing activities totaled CNY 452,606,081.48, down from CNY 606,024,346.91 in the previous year, representing a decrease of approximately 25.3%[171]. - The company reported a net cash increase of CNY 5,539,527.24 for the period, contrasting with a net decrease of CNY -82,230,687.43 in the same period last year[171]. - Cash generated from operating activities amounted to ¥377,722,833.69, an increase from ¥318,630,097.99 in the first half of 2021[169]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,963,036,747.52, a 6.26% increase from CNY 2,788,350,162.88 at the end of the previous year[20]. - Total liabilities increased to ¥1,591,844,258.78 from ¥1,433,477,287.60, reflecting an increase of about 11%[157]. - Short-term borrowings increased to ¥608,420,928.44, reflecting a rise of 4.36% from the previous year, primarily for financing projects[49]. - The company's cash and cash equivalents saw a net increase of ¥5,539,527.24, a significant recovery from a decrease of ¥82,230,687.43 in the previous year, reflecting improved financing activities[43]. Research and Development - The company's R&D investment increased by 20.32% to ¥22,179,576.54 from ¥18,434,170.43, reflecting a commitment to innovation and technology development[42]. - The subsidiary Huaguan Technology obtained 4 invention patents and 3 utility model patents during the reporting period, indicating a strong focus on R&D in the new energy automation production equipment sector[29]. - Huaguan Capacitor expanded its customer base and channels, achieving 1 invention patent and 2 utility model patents during the reporting period, enhancing its competitive position in the aluminum electrolytic capacitor market[30]. Environmental and Social Responsibility - Environmental protection facilities have been operating normally, with wastewater and emissions meeting standards, achieving good environmental and social benefits[89]. - The company emphasizes environmental protection and sustainable development as part of its corporate social responsibility initiatives[102]. - The company donated 100,000 yuan for poverty alleviation efforts in Hengqin New Area as part of its social responsibility activities[102]. - The company has conducted emergency drills for environmental incidents, completing the first half of 2022's emergency exercise[92]. Corporate Governance and Compliance - The company guarantees the independence of its assets, ensuring that all assets are under the control of the listed company and not misused by related parties[105]. - The company has committed to maintaining an independent financial department and accounting system, ensuring compliance with legal and regulatory requirements[106]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[108]. - The company has not faced any major litigation or arbitration matters during the reporting period[113]. Future Outlook and Risks - The company faces risks from macroeconomic downturns, industry regulations, and competition, which may lead to performance volatility[76]. - The company plans to enhance investment management capabilities and risk monitoring to mitigate investment risks[78]. - The company will closely monitor policy changes affecting its urban wastewater treatment business to ensure stable revenue[78].