Financial Performance - The company's operating revenue for 2024 was ¥5,443,265,656.21, a decrease of 30.33% compared to ¥7,812,940,694.22 in 2023[18]. - The net profit attributable to shareholders increased by 20.00% to ¥1,032,169,123.16 from ¥860,116,737.88 in the previous year[18]. - The net cash flow from operating activities improved by 69.87%, reaching -¥609,384,087.80, compared to -¥2,022,278,046.27 in 2023[18]. - Basic earnings per share rose by 16.16% to ¥1.0251, up from ¥0.8825 in 2023[18]. - Total assets at the end of 2024 were ¥40,062,296,084.91, an increase of 8.78% from ¥36,827,533,859.85 in 2023[18]. - The net assets attributable to shareholders increased by 31.09% to ¥9,835,801,675.99 from ¥7,503,065,522.66 in 2023[18]. - The company achieved a net profit of CNY 654.40 million for 2024, surpassing the performance commitment of CNY 343.42 million by 190.55%[29]. - The company reported a total revenue of 288.87 million in 2021, with a significant increase in user data and service utilization[67]. - The company reported a total revenue of 254.06 million for the year, with a net profit of 3.026 million, indicating a significant performance in the public service sector[69]. - The company reported a significant increase in revenue for the fiscal year 2024, with a total revenue of 1.2 billion RMB, representing a growth of 15% year-over-year[92]. Revenue Sources - The decrease in operating revenue is primarily attributed to the transition of PPP projects into the operational phase, resulting in a decline in construction period revenue[18]. - The company's operating revenue from wastewater treatment increased by 20.11% year-on-year, amounting to CNY 2.524 billion, which constituted 46.36% of total revenue[41]. - The company reported a 54.98% decrease in revenue from PPP projects, totaling CNY 2.209 billion, which accounted for 40.58% of total revenue[41]. - In 2024, the revenue from wastewater treatment reached ¥1,271,504,614, accounting for 41.95% of operating costs, a year-on-year increase of 23.71% compared to ¥1,027,779,955 in 2023[44]. - The revenue from PPP project income significantly decreased to ¥1,256,078,799, representing 41.44% of operating costs, down 68.66% from ¥4,008,368,258 in 2023[44]. Investments and Acquisitions - The company completed a major asset acquisition for CNY 4.514 billion, with the acquired company's projects achieving operational stability[29]. - The company has approved six investment projects for 2024, including the Zhengzhou New District wastewater treatment plant and a joint venture with Hangzhou Juchuan Environmental Technology Co., Ltd., aimed at enhancing growth momentum[33]. - The total investment amount for the reporting period was CNY 1,488,318,329.59, a decrease of 67.11% compared to CNY 4,524,814,426.26 in the same period last year[61]. - The company is exploring opportunities for mergers and acquisitions to enhance its operational capabilities[66]. - The company is actively pursuing PPP projects, with several new initiatives planned for 2022 and beyond, aiming to enhance service delivery and operational efficiency[68]. Research and Development - The company plans to add 50 new authorized patents in 2024 and has accumulated over 530 technological achievements, including patents and papers, enhancing its innovation capabilities[32]. - The company is focusing on developing new technologies for wastewater treatment, including self-nitrifying bacteria and digital solutions for wastewater management[50]. - Research and development expenses for 2024 were ¥114,628,890.18, a slight increase of 1.87% from ¥112,522,641.28 in 2023[49]. - The number of R&D personnel increased by 22.35% from 179 in 2023 to 219 in 2024, while the proportion of R&D personnel decreased from 10.66% to 9.17%[52]. - R&D investment amounted to ¥114,628,890.18 in 2024, a 1.87% increase from ¥112,522,641.28 in 2023, with R&D investment as a percentage of operating revenue rising from 1.44% to 2.11%[52]. Environmental Initiatives - The company processed a total of 936 million tons of wastewater in 2024, with 62.84 million tons of recycled water supplied[30]. - The sludge treatment volume for 2024 reached 768,000 tons, utilizing various advanced treatment technologies[31]. - The company is committed to sustainability, with plans to reduce total emissions by 30% over the next five years[164]. - The company has established a comprehensive environmental management system to monitor compliance and performance across its operations[155]. - The company is focused on continuous improvement in its wastewater treatment processes, with ongoing projects aimed at increasing efficiency and reducing environmental impact[160]. Governance and Compliance - The company is recognized as a national high-tech enterprise and a leading innovation enterprise in Henan Province, focusing on technology innovation and research[38]. - The company has established a comprehensive internal control system to ensure compliance and safeguard assets[145]. - The board of directors is required to consider the opinions of minority shareholders when formulating profit distribution plans[140]. - The company has maintained a cash dividend policy that prioritizes cash distributions when conditions are met, with a minimum cash dividend ratio of 80% for mature companies without major capital expenditures[138]. - The company is committed to maintaining its independence as a listed entity, with ongoing compliance with related commitments[174]. Future Outlook - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB for 2025[92]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[92]. - The company aims to achieve a 20% increase in operational efficiency through the implementation of new technologies in its service delivery model[68]. - The company is focusing on expanding its market presence through strategic investments and partnerships[122]. - The company plans to implement new sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025[92].

Financial Performance - The company's operating revenue for 2023 was CNY 7,812,940,694, representing a decrease of 0.50% compared to CNY 7,852,017,131 in 2022[19]. - The net profit attributable to shareholders of the listed company increased by 20.47% to CNY 860,116,737.88 from CNY 713,964,477.76 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 73.12% to CNY 697,513,351.55, compared to CNY 402,899,350.96 in 2022[19]. - The net cash flow from operating activities was CNY 2,022,278,046, a decrease of 16.36% from CNY 2,417,791,418 in 2022[19]. - The basic earnings per share for 2023 was CNY 0.8825, up 20.48% from CNY 0.7325 in the previous year[19]. - The diluted earnings per share for 2023 increased to 0.8825 CNY, up 20.48% from 0.7325 CNY in 2022[20]. - The weighted average return on equity rose to 9.97% in 2023, compared to 6.50% in 2022, reflecting a significant improvement in profitability[20]. - Total assets at the end of 2023 reached 36.83 billion CNY, an increase of 8.64% from 33.90 billion CNY at the end of 2022[20]. - The net assets attributable to shareholders decreased by 33.11% to 7.50 billion CNY, primarily due to the acquisition of 100% equity in Zhengzhou Sewage Purification Co., Ltd. for 4.42 billion CNY[20]. - The company reported a total revenue of 2.56 billion CNY in Q4 2023, with a total annual revenue of approximately 8.81 billion CNY[25]. - The net profit attributable to shareholders for Q4 2023 was 23.65 million CNY, a significant drop compared to previous quarters[25]. - The net cash flow from operating activities was negative across all quarters, with a total of -2.62 billion CNY for the year[25]. - The company received government subsidies amounting to 51.02 million CNY in 2023, which positively impacted its financial performance[27]. Market Strategy and Expansion - The company is focusing on expanding its market presence and enhancing its product offerings as part of its growth strategy[4]. - The company has set up over 40 subsidiaries across various provinces, including Henan, Shanxi, and Hainan, to expand its market presence[32]. - The company is expected to enhance its core competitiveness and operational efficiency through accelerated R&D of new technologies[31]. - The company aims to become a comprehensive ecological environment service provider, integrating R&D, consulting, manufacturing, investment, construction, operation, and management[37]. - The company is actively pursuing market expansion strategies, focusing on national strategic areas and optimizing its project development processes[84]. - The company is expanding its market presence by initiating 10 new PPP projects across various regions, with a total projected investment of 1,500 million CNY[67]. - The company plans to invest 8,883 million CNY in upgrading existing facilities to improve operational efficiency and service quality[67]. - The company is exploring partnerships with international firms to enhance its technological capabilities and expand its product offerings[102]. Research and Development - Research and development expenses increased by 27.32% to ¥112.52 million, reflecting a focus on low-carbon technologies and wastewater treatment innovations[50]. - The company is developing technologies for carbon emission management and energy efficiency in wastewater treatment plants, aiming to support its "dual carbon" goals[51]. - The company has increased its R&D personnel to 179, a rise of 32.59% from 135 in 2022, with R&D personnel now accounting for 10.66% of the total workforce[52]. - R&D investment reached ¥112,522,641.28 in 2023, up 27.32% from ¥88,379,112.76 in 2022, representing 1.44% of operating revenue, an increase of 0.31%[52]. - The company is committed to digital, automated, and intelligent development in its production operations, enhancing management efficiency through smart water and heating systems[38]. Environmental Compliance and Sustainability - The company is committed to sustainable development, aligning its operations with national policies on ecological civilization and environmental protection[81]. - The company has undergone significant upgrades and expansions across various water treatment facilities, with environmental assessments approved for projects dating back to 2007 and as recent as 2022[158][161]. - The company has successfully completed multiple phases of environmental impact assessments, indicating a robust approach to managing environmental risks associated with its operations[156][157][158]. - The company has implemented measures to ensure that wastewater treatment meets the GB1891 standard for reuse[164]. - The company is focused on enhancing its wastewater treatment capabilities to reduce environmental impact[164]. - The company has made significant investments in environmental governance and protection, although specific figures were not disclosed in the report[169]. - The company is actively involved in the comprehensive management of rural sewage and urban wastewater treatment, showcasing its commitment to environmental sustainability[171]. Corporate Governance and Management - The company has established a modern corporate governance structure, ensuring clear division of responsibilities among the shareholders' meeting, board of directors, and supervisory board[95]. - The company maintains complete independence from its controlling shareholder in terms of business operations, personnel, assets, institutions, and finances[97]. - The financial department operates independently, with a complete financial accounting system, ensuring no interference from the controlling shareholder[98]. - The company has implemented independent labor, personnel, and compensation management systems, ensuring employee independence from the controlling shareholder[98]. - The company has established a robust internal control mechanism to ensure effective governance and compliance with laws and regulations[95]. - The company has a clear and complete asset ownership structure, with no instances of asset occupation by the controlling shareholder[97]. - The company has committed to resolving any potential competition issues with its controlling shareholder by restructuring assets by June 30, 2023[99]. Future Outlook and Guidance - The company has set a future outlook with a revenue target of 3 billion RMB for the full year 2023, which would require a 10% increase in the second half of the year[92]. - The company plans to invest 100 million RMB in R&D for new technologies over the next two years, aiming to innovate and stay competitive in the environmental sector[92]. - The company has proposed to increase its capital in Yiyang Ecological, which aligns with its growth strategy in the environmental sector[120]. - The company has ongoing commitments to avoid related party transactions and ensure compliance with legal and ethical standards[175]. - The company has committed to a net profit of no less than CNY 369.30 million for 2023, CNY 343.42 million for 2024, and CNY 378.27 million for 2025 from the acquired company[176]. Shareholder Communication and Investor Relations - The company communicated with investors about shareholder meetings, indicating transparency and engagement with stakeholders[89]. - The ongoing dialogue with investors about operational and financial matters reflects the company's intent to foster a collaborative relationship with its stakeholders[89]. - The company has emphasized the importance of shareholder communication, with multiple calls dedicated to shareholder inquiries and updates[90]. - The company has maintained a steady flow of information to individual investors, emphasizing its commitment to keeping stakeholders informed[89]. Asset Acquisition and Investments - The company completed a significant equity investment in Zhengzhou Wastewater Purification Co., amounting to CNY 4,420,676,800, acquiring a 100% stake[62]. - The company acquired 100% equity of Zhengzhou Wastewater Purification Co., Ltd. on March 17, 2023, and established two new subsidiaries: Zhongyuan Environmental (Hainan) Co., Ltd. on August 3, 2023, and Zhongyuan Ecological Environment Technology Innovation Center (Henan) Co., Ltd. on November 14, 2023[184]. - The company has engaged Lixin Certified Public Accountants for auditing services, with a fee of CNY 350,000, and has maintained a continuous relationship for 7 years[185]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[178].

中原环保股份有限公司 关于郑州市污水净化有限公司 业绩承诺实现情况专项审核报告 二〇二四年度 （2024 年度） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 专项审核报告 | 1-2 | | 二、 | 业绩承诺实现情况说明 | 1-2 | 关于郑州市污水净化有限公司 2024 年度业绩承 诺实现情况的专项审核报告 信会师报字[2025]第 ZB10048 号 中原环保股份有限公司全体股东： 我们接受委托，审核了后附的中原环保股份有限公司（以下简称 "中原环保"）管理层编制的《中原环保股份有限公司关于购买郑州 市污水净化有限公司 100%股权的业绩承诺实现情况说明》。 二〇二三年度 中原环保股份有限公司 实现情况专项审核报告 关于郑州市污水净化有限公司业绩承诺实现情况 专项审核报告 一、对报告使用者和使用目的的限定 本审核报告仅供中原环保年度报告披露时使用，不得用作任何其 他目的。我们同意将本审核报告作为中原环保股份有限公司年度报告 的必备文件，随同其他文件一起报送并对外披露。 二、管理层的责任 中原环保管理层的责任是按照《上市公司重大资产重组管理办法》 的规定，编制《中原 ...

内部控制审计报告 信会师报字[2025]第 ZB10050 号 中原环保股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相 关要求，我们审计了中原环保股份有限公司（以下简称中原环保）2024 年 12 月 31 日的财务报告内部控制的有效性。 一、 企业对内部控制的责任 中国注册会计师： 中国•上海 2025 年 3 月 20 日 二、 注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的 有效性发表审计意见，并对注意到的非财务报告内部控制的重大缺陷 进行披露。 三、 内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。 此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策 和程序遵循的程度降低，根据内部控制审计结果推测未来内部控制的 有效性具有一定风险。 四、 财务报告内部控制审计意见 我们认为，中原环保于 2024 年 12 月 31 日按照《企业内部控制 基本规范》和相关规定在所有重大方面保持了有效的财务报告内部控 制。 内控审计报告 第 1 页 立信会计师事务所 中国注册会计师： （特殊普通合伙） 按照《企业内部控制 ...

中原环保股份有限公司 审计报告及财务报表 二○二四年度 中原环保股份有限公司 审计报告及财务报表 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-5 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动 | 9-12 | | | 表 | | | | 财务报表附注 | 1-171 | 审计报告 信会师报字[2025]第 ZB10049 号 中原环保股份有限公司全体股东： 一、 审计意见 我们审计了中原环保股份有限公司（以下简称中原环保）财务报 表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所 有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的 规定编制 ...

实现情况专项审核报告 二〇二三年度 关于中原环保股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 中原环保股份有限公司 非经营性资金占用及其他关联资金 往来情况专项审计说明 二〇二四年度 中国注册会计师： 信会师报字[2025]第 ZB10047 号 中原环保股份有限公司全体股东： 我们审计了中原环保股份有限公司(以下简称"中原环保")2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债 表、2024 年度合并及母公司利润表、合并及母公司现金流量表、合 并及母公司所有者权益变动表和相关财务报表附注，并于 2025 年 3 月 20 日出具了报告号为信会师报字[2025]第 ZB10049 号的无保留意 见审计报告。 中原环保管理层根据中国证券监督管理委员会《上市公司监管指 引第 8 号——上市公司资金往来、对外担保的监管要求》（证监会公 告〔2022〕26 号）和《深圳证券交易所创业板上市公司自律监管指 南第 1 号——业务办理》的相关规定编制了后附的 2024 年度非经营 性资金占用及其他关联资金往来情况汇总表（以下简称"汇总表"）。 编制汇总表并确保其真实 ...

中原环保股份有限公司 李伟真，硕士研究生，注册会计师、注册评估师、高级会计 师，曾先后担任省高级会计师评委、省注册会计师协会标准委员 会委员、中国会计学会会员和省总会计师协会理事。曾任职于河 南财政金融学院；亚太会计集团总会计师，先后从事评估、审计、 税收、财务、业务监管质量和考核；河南诚和会计师事务所总经 理；河南明锐会计师事务所副所长。2018 年 12 月 28 日起担任 公司独立董事已满六年，于 2024 年 12 月 24 日辞去独立董事及 相关委员会职务，不再担任公司任何职务。 本人作为公司独立董事期间，任职符合《上市公司独立董事 管理办法》第六条规定的独立性要求，不存在影响独立性的情况。 二、独立董事年度履职概况 1、出席董事会、股东大会的情况 报告期内，公司共召开 12 次董事会会议和 3 次股东大会会 议，董事会、股东大会的召开符合法定程序，重大经营决策事项 和其他重大事项均履行了相关审议程序。本人均参加了全部应参 加的会议，切实履行独立董事职责，积极参与审议和决策公司重 大事项，本着勤勉尽责的态度，认真审阅会议议案及相关材料， 主动参与各项议案的讨论并提出合理建议，各项议案均投了同意 票， ...

中原环保股份有限公司 本人刘阳，作为中原环保股份有限公司（以下简称"公司"或 "中原环保"）独立董事，严格按照《公司法》《上市公司独立董 事管理办法》《深交所上市公司自律监管指引第 1 号-主板上市 公司规范运作》等法律法规和《公司章程》的规定，秉持独立、 客观、公正的原则，积极履行独立董事职责，致力于维护公司整 体利益以及全体股东，特别是中小股东的合法权益。现将本人 2024 年度履职情况汇报如下： 一、独立董事基本情况及独立性声明 刘阳，博士研究生，河南财经政法大学副教授，硕士生导师， 河南省会计领军人才、河南省青年骨干教师、郑州市人才专家库 专家，河南财经政法大学副教授。长期关注资本市场发展动态， 一直致力于公司内部控制与精益管理、财税数字化与业财融合方 面的研究和实践，拥有较为丰富的公司财务治理经验。自 2024 年 1 月起任中原环保独立董事。 报告期内，本人与公司及公司主要股东之间不存在任何可能 影响独立客观判断的关系，完全符合独立董事独立性要求。 二、独立董事年度履职概况 1、出席股东大会、董事会的情况 （1）股东大会：2024 年公司召开 3 次股东大会，本人亲自 出席。通过参会，深入了解公司 ...

（2）董事会：报告期内，公司共召开 12 次董事会会议，本 人均参加了全部应参加的会议，无委托出席和缺席情况。会议前， 本人都会认真审阅会议议案及相关材料，在会议中主动参与各议 案的讨论，并依据自身专业知识和经验提出合理建议，为董事会 的科学决策贡献力量。会议审议的所有议案，本人均投出赞成票， 且年内无对公司任何事项提出异议的情况。 中原环保股份有限公司 2024 年度独立董事履职情况报告 本人尚贤，作为中原环保股份有限公司（以下简称"公司"或 "中原环保"）独立董事，在 2024 年度严格按照《公司法》《上市 公司独立董事管理办法》《深交所上市公司自律监管指引第 1 号 -主板上市公司规范运作》等法律法规和《公司章程》的规定，秉 持客观、公正、独立的原则，勤勉尽职，积极发挥独立董事的作 用，全力维护公司整体利益以及全体股东尤其是中小股东的合法 权益。现将 2024 年度本人的履职情况详细报告如下： 一、独立董事基本情况及独立性说明 尚贤，一级律师（正高），华东政法大学民商法学硕士。民 进河南省委监督委员会委员，民进省直六支部主委，河南省政府 营商环境特约监督员，全国律协劳动与社会保障专业委员会委员， 河南省 ...

中原环保股份有限公司董事会 关于独立董事独立性自查情况的专项意见 根据《上市公司独立董事管理办法》《深圳证券交易所股票 上市规则》《深交所上市公司自律监管指引第 1 号-主板上市公司 规范运作》等要求，中原环保股份有限公司（以下简称"公司"或 "中原环保"）董事会，就公司第九届董事会独立董事李伟真女士 （离任）、尚贤女士、刘民英先生、刘阳先生的独立性情况进行 评估并出具如下专项意见： 二〇二五年三月二十日 经核查公司独立董事李伟真女士（离任）、尚贤女士、刘民 英先生、刘阳先生的任职经历以及签署的相关自查文件，上述人 员未在公司担任除独立董事以外的任何职务，也未在公司主要股 东担任任何职务，与公司及主要股东之间不存在利害关系或其他 可能妨碍其进行独立客观判断的关系。因此，公司独立董事符合 《上市公司独立董事管理办法》《深交所上市公司自律监管指引 第 1 号-主板上市公司规范运作》中对独立董事独立性的相关要 求。 中原环保股份有限公司董事会 ...