中原环保股份有限公司 2017 年第一季度报告正文 证券代码：000544 证券简称：中原环保 公告编号：2017-29 中原环保股份有限公司 2017 年第一季度报告正文 1 中原环保股份有限公司 2017 年第一季度报告正文 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。 公司负责人李建平、主管会计工作负责人王东方及会计机构负责人(会计主 管人员)杜其山声明：保证季度报告中财务报表的真实、准确、完整。 2 中原环保股份有限公司 2017 年第一季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 √ 是 □ 否 | | 本报告期 | 上年同期 | | 本报告期比上年同 | | --- | --- | --- | --- | --- | | | | | | 期增减 | | | | 调整前 | 调整后 | 调整后 | | 营业收入（元） | 219,678,316 ...

Financial Performance - The company's operating revenue for 2016 was CNY 936,775,706.54, representing a 51.53% increase compared to CNY 618,194,230.41 in 2015[18] - Net profit attributable to shareholders reached CNY 297,500,183.52, a significant increase of 773.52% from CNY 34,057,530.46 in the previous year[18] - The net profit after deducting non-recurring gains and losses was CNY 220,129,860.48, reflecting a dramatic increase of 6363.32% compared to CNY -3,514,585.07 in 2015[18] - The basic earnings per share rose to CNY 0.50, up 733.33% from CNY 0.06 in 2015[19] - Total assets at the end of 2016 amounted to CNY 6,203,327,119.41, marking a 16.20% increase from CNY 5,338,324,633.00 in 2015[19] - The net assets attributable to shareholders increased to CNY 5,181,135,681.45, a growth of 32.91% from CNY 3,898,310,704.89 in 2015[19] - The weighted average return on equity for 2016 was 6.55%, down from 10.95% in 2015[19] Cash Flow - The net cash flow from operating activities was CNY 237,942,875.49, a decrease of 45.79% from CNY 438,942,269.84 in the previous year[19] - Operating cash inflow totaled ¥888,170,910.31, a 5.67% increase year-on-year[50] - Operating cash outflow rose significantly by 61.92% to ¥650,228,034.82, leading to a net cash flow from operating activities of ¥237,942,875.49, down 45.79%[50] - Total cash and cash equivalents increased by 206.05% to ¥545,520,812.43, attributed to successful fundraising and asset integration[50] Revenue Segmentation - The wastewater treatment segment generated 816.52 million yuan, accounting for 87.16% of total revenue, with a remarkable year-on-year growth of 109.95%[41] - The heating sales segment reported a revenue of 102.72 million yuan, a decline of 34.28% from the previous year, while pipeline engineering income dropped by 75.98% to 17.53 million yuan[41] Asset Management - The company completed a significant asset restructuring in 2016, which included the acquisition of several wastewater treatment plants and the issuance of shares to raise funds[29] - The company completed a significant asset restructuring in 2016, including asset sales and acquisitions, with a total of 1.1425 billion yuan raised through private placements[36] - The company raised additional funds through a private placement of 78,307,057 shares at a price of 14.59 RMB per share, with the shares being subject to limited circulation conditions[135] Investment and Development - The company is actively exploring new technologies and processes in nitrogen removal and decolorization, enhancing its operational capabilities[32] - The company has made strategic investments in new technologies and market expansion, although specific figures were not disclosed in the provided data[198] - The investment progress for the Zhengzhou Airport Second Wastewater Treatment Plant project reached 58.79% with a cumulative investment of RMB 5,467.49 million[65] Profit Distribution - The company proposed a profit distribution plan for 2016, with a total distributable profit of approximately ¥269.25 million after accounting for statutory surplus reserves and retained earnings[87] - The company’s profit distribution policy emphasizes a cash dividend approach, aiming for a minimum of 30% of the average distributable profit over the last three years to be distributed in cash[83] - The company’s cash dividend distribution is subject to the condition that it has positive retained earnings and sufficient cash flow from operating activities[83] - The cash dividend for 2016 represents 10.92% of the net profit attributable to shareholders, which was 297,500,183.52 CNY[91] Corporate Governance - The company has established a sound corporate governance structure, ensuring effective checks and balances among its decision-making bodies[124] - The company has committed to fulfilling various promises related to corporate governance and shareholder rights, ensuring compliance with regulations[94] - The company has a structured decision-making process for profit distribution, ensuring compliance with regulations and transparency[86] Compliance and Risk Management - The company has not faced any penalties or rectification requirements during the reporting period, reflecting compliance with regulations[105] - The company has not reported any violations regarding external guarantees during the reporting period, indicating compliance with regulatory standards[120] - The company has implemented internal control measures to ensure compliance with regulations and sustainable development[169] Employee Management - The total number of employees in the company is 1,148, with 810 in the parent company and 338 in major subsidiaries[162] - The company has implemented a unified salary system in 2016, focusing on fairness, differentiation, flexibility, and legality[163] - The training program combines professional skills training with quality capability training to enhance employee skills[165] Market Position and Strategy - The company aims to enhance its core competitiveness and brand reputation through a comprehensive strategy to become an industry benchmark[37] - The company aims to expand its market presence by leveraging strategic opportunities in the Central Plains Economic Zone[77] - The company is focused on expanding its market presence and enhancing its operational capabilities through strategic management[156] Environmental Responsibility - The company emphasizes sustainable development and resource conservation as part of its corporate responsibility, contributing to water resource management in the Huai River Basin[124] - The company has made significant investments in environmental protection, achieving compliance with new pollution discharge standards through upgrades to wastewater treatment facilities[126] - The company has not been classified as a key pollutant discharge unit by environmental protection authorities, reflecting its commitment to social responsibility[126]

1 中原环保股份有限公司 2016 年第三季度报告正文 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。 公司负责人李建平、主管会计工作负责人王东方及会计机构负责人(会计主 管人员)杜其山声明：保证季度报告中财务报表的真实、准确、完整。 2 中原环保股份有限公司 2016 年第三季度报告正文 证券代码：000544 证券简称：中原环保 公告编号：2016-48 中原环保股份有限公司 2016 年第三季度报告正文 中原环保股份有限公司 2016 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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 | | | | 调整前 | 调整后 | 调整后 | | 总资产（元） | 6,753 ...

中原环保股份有限公司 2016 年半年度报告全文 中原环保股份有限公司 2016 年半年度报告 2016-36 2016 年 08 月 1 中原环保股份有限公司 2016 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人李建平、主管会计工作负责人王东方及会计机构负责人(会计主 管人员)杜其山声明：保证本半年度报告中财务报告的真实、准确、完整。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介 5 | | 第三节 | 会计数据和财务指标摘要 7 | | 第四节 | 董事会报告 9 | | 第五节 | 重要事项 16 | | 第六节 | 股份变动及股东情况 23 | | 第七节 | 优先股相关情况 26 | | 第八节 | 董事、监事、高级管理人员情况 27 | | 第九节 | 财务报告 28 | | ...

Financial Performance - The company's operating revenue for 2015 was ¥518,276,888.37, a decrease of 10.38% compared to ¥578,277,822.70 in 2014[16] - Net profit attributable to shareholders increased by 54.55% to ¥102,266,644.86 in 2015, up from ¥66,169,974.33 in 2014[16] - Basic earnings per share rose by 52.00% to ¥0.38 in 2015, compared to ¥0.25 in 2014[16] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which rose by 55.10% to ¥64,694,529.33 in 2015[16] - The company achieved a total profit of 12,471.34 million yuan, an increase of 57.56% year-on-year[41] - The company's net profit reached 10,349.62 million yuan, up 52.29% compared to the previous year[41] - The company's total assets amounted to 241,882.01 million yuan, a 5.35% increase year-on-year[41] - The revenue from sewage treatment was 288,991.05 million yuan, accounting for 55.76% of total revenue, with a year-on-year increase of 13.00%[43] - The revenue from heating sales was 156,309.64 million yuan, a decrease of 29.20% year-on-year[43] Cash Flow and Investments - The net cash flow from operating activities surged by 162.50% to ¥438,942,269.84 in 2015, compared to ¥167,216,477.50 in 2014[16] - Operating cash inflow for 2015 was ¥840,506,934.72, a 43.68% increase from ¥584,995,495.66 in 2014[54] - Investment cash inflow increased dramatically by 1,768.62% to ¥149,530,150.00, up from ¥8,002,153.85 in 2014[54] - The net increase in cash and cash equivalents was ¥178,243,956.45, reflecting an 832.74% rise from ¥19,109,693.74 in 2014[54] - The company's cash flow from operating activities was significantly impacted by a one-time receipt of overdue sewage treatment fees totaling ¥43,878,000[56] Assets and Liabilities - Total assets at the end of 2015 were ¥2,418,820,072.04, reflecting a 5.35% increase from ¥2,295,876,066.90 at the end of 2014[16] - The total liabilities amounted to CNY 973,326,286.64, a decrease from CNY 1,069,040,053.97 in the previous year[196] - The company's total assets included cash and cash equivalents of ¥368,560,517.22, which represented 15.24% of total assets, up from 8.29% in 2014[58] - The company's long-term borrowings increased to CNY 226,000,000.00 from CNY 49,000,000.00 in the previous year[196] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.40 per 10 shares, totaling ¥10,778,399.96 based on 269,459,799 shares[4] - The cash dividend for 2015 represents 10.54% of the net profit attributable to shareholders in the consolidated financial statements[97] - The company has maintained a consistent cash dividend policy over the past three years, with dividends of RMB 9,503,308.21 in 2013, representing 15.91% of the net profit[97] - The company emphasized its commitment to cash dividends, with a policy that aims for a minimum of 30% of the average distributable profit over the last three years to be distributed in cash[85] Operational Highlights - In 2015, the company processed a total water volume of 26,106,000 tons, representing a year-on-year increase of 15.3%[26] - The company’s wastewater treatment units processed 24,870,000 tons, an increase of 9.9% compared to the previous year[36] - The company’s biogas delivery volume reached 4.83 million cubic meters in 2015, showcasing advancements in technology and efficiency[33] - The company’s subsidiaries achieved a total heating area of over 2.32 million square meters, a year-on-year growth of 19.7%[26] Strategic Initiatives - The company plans to acquire 100% equity of Zhengdong New District Water Co., Ltd., enhancing its operational capacity in wastewater treatment[28] - The company is actively seeking market expansion opportunities, having established multiple subsidiaries in the public utility sector[29] - The company has initiated a series of investment projects focusing on environmental protection and public utilities, with several projects already making progress[39] - The company is exploring new strategies related to market expansion and potential mergers and acquisitions, as indicated by multiple inquiries about its investment plans[81] Governance and Compliance - The company has strengthened internal control systems and improved governance structures to ensure compliance and sustainable development[133] - The independent directors attended 13 board meetings, with 9 in-person participations, indicating active engagement in governance[169] - The audit committee reviewed the 2014 financial statements and found no significant misstatements or misuse of funds by major shareholders[172] - The company has complied with all regulations regarding cash dividend distribution and has ensured that minority shareholders have the opportunity to express their opinions[92] Market Environment - The competitive landscape in the wastewater treatment industry is intensifying, with increased competition from investment-type companies and regional water service firms[73] - The wastewater treatment industry is expected to attract over 2 trillion RMB in investments over the next 5 years due to the "Water Ten Measures" policy, which emphasizes pollution prevention[75] - The market for urban centralized heating is projected to expand significantly, driven by the increasing demand for energy-saving and environmentally friendly solutions[75] Employee and Management - The total number of employees in the company is 656, with 340 in the parent company and 316 in major subsidiaries[159] - The company has implemented a performance-based salary system, with monthly performance bonuses based on assessment results[160] - The company has established a three-tier training education system combining professional skills and quality capability training[161]

中原环保股份有限公司 2016 年第一季度报告正文 中原环保股份有限公司 2016 年第一季度报告正文 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。 公司负责人李建平、主管会计工作负责人王东方及会计机构负责人(会计主 管人员)杜其山声明：保证季度报告中财务报表的真实、准确、完整。 2 中原环保股份有限公司 2016 年第一季度报告正文 第二节 主要财务数据及股东变化 证券代码：000544 证券简称：中原环保 公告编号：2016-20 中原环保股份有限公司 2016 年第一季度报告正文 1 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 107,461,788.99 | 218,050,279.57 | -50.72% | | 归属于上市 ...

Financial Performance - The company's operating revenue for 2015 was ¥518,276,888.37, a decrease of 10.38% compared to ¥578,277,822.70 in 2014[17] - Net profit attributable to shareholders increased by 54.55% to ¥102,266,644.86 in 2015 from ¥66,169,974.33 in 2014[17] - The net profit after deducting non-recurring gains and losses was ¥64,694,529.33, up 55.10% from ¥41,711,726.77 in the previous year[17] - Basic earnings per share rose by 52.00% to ¥0.38 from ¥0.25 in 2014[17] - The company's net profit for 2015 was RMB 74,515,672.91, with a total profit available for distribution to shareholders amounting to RMB 99,781,542.50[92] - The cash dividend for 2015 represents 10.54% of the net profit attributable to shareholders in the consolidated financial statements[97] - The company reported a significant increase in revenue, with a year-on-year growth of 30% in 2015[82] - The company anticipates a stable growth outlook for the next fiscal year, projecting a revenue increase of 15%[83] Cash Flow and Investments - The net cash flow from operating activities surged by 162.50% to ¥438,942,269.84, compared to ¥167,216,477.50 in 2014[17] - Operating cash inflow for 2015 was ¥840,506,934.72, a 43.68% increase from ¥584,995,495.66 in 2014[55] - Investment cash inflow increased dramatically by 1,768.62% to ¥149,530,150.00, up from ¥8,002,153.85 in 2014[55] - The net increase in cash and cash equivalents was ¥178,243,956.45, reflecting an 832.74% rise from ¥19,109,693.74 in 2014[55] - The company's total assets included cash and cash equivalents of ¥368,560,517.20, which is 15.24% of total assets, up from 8.29% in 2014[59] Assets and Liabilities - Total assets at the end of 2015 were ¥2,418,820,072.04, reflecting a 5.35% increase from ¥2,295,876,066.90 at the end of 2014[17] - The total liabilities of the company were RMB 1,422,486,774.07, compared to RMB 1,392,997,038.91 at the beginning of the year, indicating a slight increase of about 2.14%[190][191] - The total equity attributable to shareholders of the parent company reached RMB 980,269,239.41, up from RMB 887,494,481.18, representing an increase of approximately 10.45%[191] Operational Efficiency - The company reported a significant increase in cash flow, indicating improved operational efficiency and financial health[17] - The weighted average return on equity improved to 10.95%, up from 7.70% in the previous year[17] - The company has implemented a comprehensive internal control system, enhancing operational efficiency and compliance[33] - The company has established a comprehensive management system to enhance operational efficiency and ensure compliance with regulations[40] Market and Competition - The wastewater treatment industry is experiencing increased competition due to the entry of investment-type companies and regional government initiatives, which are challenging the traditional state-owned enterprise dominance[74] - The company is focusing on expanding its market presence amid increasing competition in the wastewater treatment sector[74] - The company aims to leverage the strategic opportunities presented by the Central Plains Economic Zone to expand its market presence nationwide[77] Strategic Initiatives - The company plans to acquire 100% equity of Zhengdong New District Water Co., Ltd., enhancing its operational capacity in wastewater treatment[29] - The company has initiated a major asset restructuring process, which is expected to be completed by Q4 2015, potentially increasing market share[83] - The company is exploring potential mergers and acquisitions to enhance its service offerings and market presence[82] Shareholder Relations and Governance - The company has fulfilled its commitments to minority shareholders, ensuring their rights and interests are adequately protected[100] - The governance structure is compliant with the relevant laws and regulations, ensuring the protection of minority shareholders' interests[163] - The company has maintained a consistent cash dividend policy over the past three years, with dividends of RMB 9,503,308.21 in 2013, representing 15.91% of the net profit[97] Environmental and Technological Investments - The company is focusing on developing new technologies in wastewater treatment, with an investment of 200 million RMB planned for R&D in 2016[82] - The company has invested in denitrification equipment to meet environmental standards following market research[135] - The company’s investment in new technologies led to a biogas delivery volume of 4.83 million cubic meters and reclaimed water delivery of 15.38 million tons in 2015[34] Audit and Compliance - The company received a standard unqualified audit opinion from Ruihua Certified Public Accountants, confirming the fair presentation of its financial statements[182][185] - The audit committee reviewed the 2014 financial statements and found no significant misstatements or omissions[171] - The company reported no significant deficiencies in financial reporting, with zero major or important deficiencies identified in the internal control audit[180]

中原环保股份有限公司 2015 年第三季度报告正文 1 中原环保股份有限公司 2015 年第三季度报告正文 证券代码：000544 证券简称：中原环保 公告编号：2015-59 中原环保股份有限公司 2015 年第三季度报告正文 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。 公司负责人李建平、主管会计工作负责人王东方及会计机构负责人(会计主管人员)杜其山声明：保证 季度报告中财务报表的真实、准确、完整。 2 中原环保股份有限公司 2015 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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） | 2,343,214,641.27 | | 2,295,876,066.90 | 2.0 ...

Financial Performance - The company's operating revenue for the first half of 2015 was CNY 317,903,870.84, an increase of 25.63% compared to CNY 253,043,384.59 in the same period last year[20]. - Net profit attributable to shareholders was CNY 36,951,920.60, reflecting a growth of 3.69% from CNY 35,635,261.28 year-on-year[20]. - The net profit after deducting non-recurring gains and losses decreased by 12.47% to CNY 26,296,014.89 from CNY 30,042,190.77 in the previous year[20]. - The company's operating revenue for the reporting period was ¥317,903,870.84, representing a year-on-year increase of 25.63% compared to ¥253,043,384.59 in the previous year[31]. - Operating costs increased to ¥214,146,724.50, up 22.64% from ¥174,615,865.72 in the same period last year[31]. - The company reported a net increase in cash and cash equivalents of ¥7,759,517.17, down 72.95% from ¥28,683,643.32 in the previous year[32]. - The company reported a net cash outflow from operating activities of CNY 48.78 million, compared to a net outflow of CNY 15.95 million in the previous year[109]. - The total profit for the first half of 2015 was CNY 31.25 million, a decrease of 29.66% from CNY 44.45 million in the previous year[105]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,335,058,424.27, a 1.71% increase from CNY 2,295,876,066.90 at the end of the previous year[20]. - The total liabilities of the company were CNY 1,403,545,538.32, compared to CNY 1,392,997,038.91 at the start of the period, indicating a rise in liabilities[96]. - The company's current assets totaled CNY 617,086,649.04, slightly down from CNY 619,440,166.04 at the beginning of the period[94]. - Accounts receivable rose to CNY 409,242,960.79 from CNY 383,447,872.14, reflecting a growth of approximately 6.7%[93]. - The company's inventory decreased significantly from CNY 12,109,635.19 to CNY 3,494,694.52, indicating a reduction of about 71%[93]. - Short-term borrowings increased to CNY 770,000,000.00 from CNY 510,000,000.00, representing a rise of approximately 51%[95]. Cash Flow - The company reported a negative cash flow from operating activities of CNY -48,783,254.98, a decline of 219.84% compared to CNY -15,945,874.94 in the same period last year[20]. - Cash flow from investing activities showed a net outflow of CNY 147.83 million, compared to a net outflow of CNY 138.23 million in the same period last year[109]. - Cash flow from financing activities resulted in a net inflow of CNY 204.37 million, an increase from CNY 182.86 million in the previous year[110]. - The net cash flow from investment activities was -120,618,820.96 CNY, compared to -29,485,658.79 CNY in the previous period, indicating a significant increase in cash outflow for investments[113]. Dividends and Shareholder Returns - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[5]. - The cash and cash equivalents increased by 27,983,155.38 CNY during the period, compared to an increase of 54,479,916.34 CNY in the previous period[113]. - The company distributed dividends and interest payments totaling 44,902,986.91 CNY, compared to 21,458,757.94 CNY in the previous period, representing a 109.1% increase[113]. Operational Highlights - Heating revenue reached CNY 15,159,860, an increase of 16.12% from the previous year, while wastewater treatment revenue was CNY 13,784,280, up 32.12% year-on-year[28]. - The company has increased its innovation and R&D efforts, achieving a water reuse volume of 792.10 million tons and biogas transport volume of 269.39 million cubic meters in the first half of 2015[37]. - The company is focused on the development of its wastewater treatment business, with significant investments planned in this area[59]. Shareholder Structure - The largest shareholder, Zhengzhou Thermal Power Company, holds 29.20% of the shares, while Zhengzhou Sewage Treatment Company holds 24.45%[79]. - The company's total shares amount to 269,459,799, with 100% being unrestricted shares[76]. Compliance and Governance - The half-year financial report has not been audited as of the reporting date[68]. - The company is actively preparing for its annual shareholder meeting and addressing investor inquiries regarding performance and restructuring progress[58]. - The company has not engaged in any external investments or securities investments during the reporting period[38][40]. Challenges and Risks - The company has accumulated overdue sewage treatment fees from Zhengzhou City totaling 439 million RMB as of June 30, 2015, impacting cash flow and business development[71]. - The company has faced challenges related to the independence of its operations due to shared assets with its controlling shareholder[70]. - The company is undergoing a major asset restructuring to resolve competition issues with its controlling shareholder, with the restructuring process ongoing as of June 30, 2015[73].

Financial Performance - The company's operating revenue for Q1 2015 was ¥218,050,279.57, representing a 16.31% increase compared to ¥187,473,162.85 in the same period last year[8] - The net profit attributable to shareholders for Q1 2015 was ¥20,370,892.84, up 7.39% from ¥18,969,933.85 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,919,702.34, reflecting a 7.89% increase from ¥18,463,342.94 year-on-year[8] - The basic earnings per share for Q1 2015 was ¥0.08, an increase of 14.29% compared to ¥0.07 in the same period last year[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,189,533,142.51, a decrease of 4.63% from ¥2,295,876,066.90 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥907,865,374.00, which is a 2.30% increase from ¥887,494,481.18 at the end of the previous year[8] - The company reported a net cash flow from operating activities of -¥48,837,509.78, which is a decline of 12.83% compared to -¥43,284,238.36 in the same period last year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,891[11] - The top two shareholders, Zhengzhou Heat Supply Company and Zhengzhou Sewage Purification Company, hold 31.28% and 24.45% of shares respectively, indicating significant ownership concentration[11] Restructuring Efforts - The company is undergoing a major asset restructuring to resolve competition issues with its controlling shareholder, which is currently in progress[15] - The company is currently fulfilling commitments made during the asset restructuring process, which began on July 21, 2005, regarding competition and the independence of the listed company[17] - The company has been actively communicating with individual investors regarding the progress of its restructuring efforts, with multiple inquiries about the resumption of trading and asset evaluation from January to March 2015[18] - The company has committed to ensuring environmental independence as part of its long-term commitments made on April 10, 2014, which are still in progress[17]