证券代码：000598 证券简称：兴蓉环境 公告编号：2024-41 成都市兴蓉环境股份有限公司 第十届董事会第十四次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 成都市兴蓉环境股份有限公司（以下简称：公司）于2024年10月 21日以电子邮件、专人送达方式向全体董事发出召开第十届董事会第 十四次会议的通知。在保障董事充分表达意见的前提下，会议于2024 年10月24日以通讯表决方式召开。本次会议应出席的董事9名，实际 出席会议的董事9名。会议的召集、召开及表决程序符合法律法规及 《公司章程》的相关规定。 与会董事对议案进行了审议，形成如下决议： 一、审议通过《2024年第三季度报告》，详见《中国证券报》《证 券时报》和巨潮资讯网（www.cninfo.com.cn）。 表决结果：9票同意、0票反对、0票弃权。 二、审议通过《关于对子公司东营津膜环保科技有限公司增加注 册资本的议案》。 为支持控股子公司东营津膜环保科技有限公司（以下简称：东营津 膜公司）经营发展，同意向东营津膜公司增加注册资本，公司按60%的 持股比例增资2,250万元，东营津 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,204,609,452.58, a decrease of 0.29% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥698,106,295.81, an increase of 8.57% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥691,938,155.44, up 8.64% from the previous year[2]. - Total operating revenue for the third quarter reached ¥6,212,609,988.95, an increase of 9.16% compared to ¥5,690,683,745.78 in the same period last year[15]. - The total profit for the quarter was CNY 1,951,432,221.85, an increase from CNY 1,770,240,921.61, representing a growth of 10.2%[16]. - Operating profit for the quarter was CNY 1,948,095,632.97, compared to CNY 1,761,493,426.32 in the same period last year, marking an increase of 10.6%[16]. - The net profit for Q3 2024 reached CNY 1,669,231,972.77, an increase of 9.4% compared to CNY 1,525,705,757.64 in Q3 2023[16]. - Basic earnings per share rose to CNY 0.5461, compared to CNY 0.5013 in the previous year, reflecting an increase of 8.9%[17]. Assets and Equity - Total assets at the end of Q3 2024 reached ¥47,128,025,711.81, reflecting an increase of 8.20% compared to the end of the previous year[2]. - The company's total equity attributable to shareholders was ¥17,789,737,185.14, up 6.89% from the end of the previous year[2]. - The company's total assets increased to ¥47,128,025,711.81, compared to ¥43,555,025,093.36 in the previous year, marking a growth of 8.67%[14]. - The total equity attributable to shareholders increased to ¥17,789,737,185.14 from ¥16,643,592,400.55, reflecting a growth of 6.87%[14]. Cash Flow and Financing - Cash flow from financing activities for the year-to-date period was ¥1,866,136,416.50, an increase of 57.31% compared to the same period last year[8]. - The net increase in cash and cash equivalents for the year-to-date period was ¥595,216,282.95, a remarkable increase of 1011.45% year-on-year[8]. - The company's cash and cash equivalents increased to ¥4,496,496,711.60 from ¥3,907,848,282.78, representing a growth of approximately 15.06%[12]. - The company's cash and cash equivalents at the end of Q3 2024 totaled CNY 4,467,929,312.21, an increase from CNY 3,625,478,651.79 at the end of Q3 2023[19]. - Cash inflow from financing activities reached CNY 4,807,969,171.96, compared to CNY 3,300,961,889.35 in Q3 2023, with a net cash flow from financing activities of CNY 1,866,136,416.50[19]. Expenses and Liabilities - The company's R&D expenses for the year-to-date period amounted to ¥18,458,532.13, representing a significant increase of 192.12% year-on-year[6]. - Total operating costs amounted to ¥4,197,160,472.88, up from ¥3,887,993,255.75, reflecting a year-over-year increase of 7.95%[15]. - Non-current liabilities rose to ¥19,225,245,573.28, up from ¥15,822,609,596.50, indicating an increase of 21.14%[14]. - Financial expenses increased to CNY 260,743,367.94 from CNY 202,321,844.86, showing a rise of 28.8%[16]. - The company reported a significant increase in interest expenses, which reached CNY 368,320,571.19, up from CNY 308,912,315.02, reflecting a rise of 19.2%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 71,184[9]. - Chengdu Environmental Investment Group Co., Ltd. holds 42.20% of shares, totaling 1,259,605,494 shares[10]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder owning over 42%[10]. - The company has no known related party relationships among the top ten shareholders, except for those controlled by the same entity[10]. - The company repurchased and canceled 561,600 restricted stocks, reducing total share capital from 2,984,996,321 shares to 2,984,434,721 shares[11]. Operational Developments - The company plans to operate the Phoenix River Second Water Plant project starting October 2024[11]. - The company has ongoing investments in new technologies and market expansion, although specific figures were not disclosed in the report[15]. Preliminary Report Status - The company has not yet audited the Q3 report, indicating that the figures are preliminary and subject to change[21].

证券代码：000598 证券简称：兴蓉环境 公告编号：2024-40 成都市兴蓉环境股份有限公司 关于部分限制性股票回购注销完成暨股份变动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次回购注销的限制性股票数量为 56.16万股，占回购注销前公司 总股本的 0.0188%， 涉及激励对象 17 名。 2、截至本公告披露日，公司已在中国证券登记结算有限责任公司深 圳分公司（以下简称：中国结算深圳分公司）办理完成回购注销手续，公 司总股本由2,984,996,321股变更为2,984,434,721股。 成都市兴蓉环境股份有限公司（以下简称：公司）2022年限制性股票 激励计划的激励对象中部分人员不再具备激励对象资格，部分人员第一个 解除限售期个人考核未完全达标，根据法律法规和激励计划的规定，并经 公司有权决策机构审议通过，公司对上述人员所持限制性股票合计56.16 万股予以回购注销，并于近日在中国结算深圳分公司办理完成回购注销手 续。现将相关情况公告如下： 一、本激励计划已履行的相关审批程序和信息披露情况 （一）2022年4月8日，公 ...

Group 1: Project Overview - The company operates and has ongoing projects with a water supply capacity of approximately 4.3 million tons/day, wastewater treatment capacity of about 4.8 million tons/day, and a recycling water project capacity of around 1.1 million tons/day [1] - The company is also involved in waste incineration power generation with a capacity of 12,000 tons/day and leachate treatment capacity of 8,430 tons/day [1] - Ongoing projects include Chengdu Water Supply Plant Phase III, Phoenix River Secondary Water Plant, and several others expected to be operational within the next 1-2 years [2] Group 2: Pricing Mechanisms - Water pricing adjustments are subject to national policies and must go through cost audits and public hearings before implementation [2] - Wastewater treatment service fees are typically adjusted every 2-3 years, with provisions for temporary adjustments based on significant cost changes [2] - The tentative price for wastewater treatment in Chengdu's central urban area for 2024-2026 is set at 2.63 yuan/ton [3] Group 3: Financial Management - The company has seen an increase in accounts receivable in line with revenue growth due to market expansion [3] - The company maintains a AAA credit rating, ensuring smooth financing channels and low overall financing costs [3] - Future dividend considerations will focus on sustainable development and enhancing shareholder returns while meeting operational funding needs [3]

证券代码：000598 证券简称：兴蓉环境 成都市兴蓉环境股份有限公司 2024 年 9 月 13 日投资者关系活动记录表 编号：2024-34 | --- | --- | --- | |----------------|------------------------------|------------------------------------------------------------------| | | | | | 投资者关系活动 | ★ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 □ | 业绩说明会 | | | □ 新闻发布会 □ | 路演活动 | | | ★ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | 平安养老 徐唯俊 | | | 人员姓名 | 东吴证券 陈孜文 | | | 时间 | 2024 年 9 月 13 日 | | | 地点 | 成都市兴蓉环境股份有限公司 | | | 上市公司接待人 | 梁一谷、曾倩 | | | 员姓名 | | | | | | 一、参观项目：成都市第九再生水厂、成都万兴环保发电厂二期 | | | 二、主要交流内容： ...

证券代码：000598 证券简称：兴蓉环境 成都市兴蓉环境股份有限公司 2024 年 9 月 12 日投资者关系活动记录表 编号：2024-33 | --- | --- | --- | |----------------|------------------------------|----------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | ★ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | 通过"全景路演"（ | https://rs.p5w.net ）参与四川辖区 2024 年 | | 人员姓名 | | 投资者网上集体接待日及半年度报告业绩说明会的投资者 | | 时间 | 2024 年 9 月 12 日 | | | 地点 | 成都市兴蓉环境股份有限公司 | | | 上市公司接待人 | | 董事、总经理杨磊先生，副总经理（财务负责人）赵璐女士， ...

Group 1: Financial Performance - The company achieved an operating revenue of 40.08 billion yuan in the first half of 2024, reflecting a steady growth [1] - Total profit reached 11.31 billion yuan, marking a year-on-year increase of 11.7% [1] - Net profit attributable to shareholders was 9.56 billion yuan, with a growth rate of 9.11% [1] - The net cash flow from operating activities was 9.77 billion yuan, showing an increase of 11.21% [1] Group 2: Project Operations - The company currently operates and has under construction water supply projects with a scale of approximately 430,000 tons/day [2] - Water treatment projects are scaled at about 480,000 tons/day, with additional projects for sludge disposal and kitchen waste treatment [2] - Key projects under construction include Chengdu Water Plant No. 7 (Phase III) and Chengdu Environmental Power Plant (Phase III), expected to contribute to revenue in the next 1-2 years [2] Group 3: Pricing Mechanisms - The water pricing mechanism allows the company to submit price adjustment requests to government authorities based on national policies and agreements [2] - The sewage treatment service fee is adjusted every 2-3 years, with provisions for temporary adjustments based on significant cost changes [2][3] - The tentative price for sewage treatment in Chengdu's central urban area is set at 2.63 yuan/ton [3] Group 4: Accounts Receivable and Financing - Accounts receivable have increased in line with business growth, with a strong focus on management and collection [3] - The company has maintained an AAA credit rating for several years, ensuring smooth financing channels and low overall financing costs [3] - Future dividend considerations will focus on sustainable development and enhancing shareholder returns while meeting operational funding needs [3]

证券代码：000598 证券简称：兴蓉环境 公告编号：2024-39 成都市兴蓉环境股份有限公司 关于参加四川辖区 2024 年投资者网上集体接待日及半年度 报告业绩说明会活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，成都市兴蓉环境股份有限公 司（以下简称：公司）将参加由四川省上市公司协会、上证所信息网 络有限公司、深圳市全景网络有限公司联合举办的"四川辖区2024年 投资者网上集体接待日及半年度报告业绩说明会"活动，现将相关事 项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录 "全景路演" （https://rs.p5w.net）参与本次互动交流，活动时间为2024年9月12日 （周四）14:50-17:00。届时公司高管将在线就公司业绩、公司治理、 发展战略、经营状况、可持续发展等投资者关心的问题，与投资者进 行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告！ 成都市兴蓉环境股份有限公司 董事会 2024 年 9 月 6 日 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company achieved a revenue of 4.008 billion yuan in H1 2024, representing a year-on-year increase of 15.18%, and a net profit attributable to shareholders of 928 million yuan, up 9.56% year-on-year. The increase in revenue outpaced the growth in net profit, with a gross profit margin of 43.08% and a net profit margin of 23.84% [3] - The company is expected to benefit from the expansion of its water and waste management capacity in Chengdu, along with a planned increase in sewage treatment fees, which is projected to enhance profitability [3] - The long-term cash flow potential is significant, with a projected increase in free cash flow after a peak in capital expenditures over the next two years [3] Financial Performance Summary - Total revenue for 2022 was 7.63 billion yuan, with a forecasted increase to 8.79 billion yuan in 2024, reflecting a growth rate of 8.72% [2] - Net profit attributable to shareholders was 1.618 billion yuan in 2022, expected to rise to 2.079 billion yuan in 2024, indicating a growth rate of 12.79% [2] - The latest diluted EPS is projected to be 0.70 yuan per share in 2024, with a P/E ratio of 9.62 [2] Business Segment Performance - Water supply segment revenue reached 1.222 billion yuan in H1 2024, up 4.70%, with a gross margin of 45.14% [3] - Sewage treatment revenue increased by 31.17% to 1.704 billion yuan, with a gross margin of 42.26% [3] - Revenue from waste incineration was 377 million yuan, up 14.24%, with a gross margin of 48.49% [3] - Revenue from water supply and drainage pipeline engineering decreased by 15.15% to 239 million yuan [3] Cash Flow and Investment - Operating cash flow for H1 2024 was 977 million yuan, an increase of 11% year-on-year [3] - The net cash flow from investment activities was -2.592 billion yuan, a decrease of 30.61% [3] - Financing cash flow increased by 126.23% to 1.176 billion yuan, primarily due to increased bank borrowings [3] Long-term Growth Potential - The company is positioned to expand its water and waste management capacity in Chengdu, with ongoing projects expected to contribute to revenue growth in the next 1-2 years [3] - The planned increase in sewage treatment fees is expected to enhance profitability, with a projected average price of 2.63 yuan per ton, a 22% increase from 2023 [3] - The company has a dividend payout ratio of 27.53% in 2023, indicating potential for future increases [3]

成都市兴蓉环境股份有限公司 2024 年 8 月 28 日投资者关系活动记录表 | --- | --- | |----------------|---------------------------------------------------------| | 投资者关系活动 | □分析师会议 | | 类别 | □业绩说明会 | | | □路演活动 | | | | | | | | 参与单位名称及 | 长江证券、天风证券、信达证券、广发证券、华泰证券、国海 | | 人员姓名 | 富兰克林基金、平安基金、财通基金、万家基金、永赢基金、 | | | 长安基金、京管泰富、汇添富基金、中欧基金、金信基金、尚 | | | 正基金、富安达基金、恒越基金、上银基金、工银瑞信、东方 | | | 基金、兴业基金、创金合信、Pictet HK、民生加银、交银施罗 | | | 德、建信基金、摩根士丹利、长城基金、天治基金、安信基 | | | 金、国寿安保基金、德邦基金、淳厚基金、华西基金、中银基 | | | 金、银华基金、汇泉基金、招商基金、国投瑞银、长信基金、 | | | 长盛基金、浦银安盛、博时基金、国寿养老、友邦人寿、中英 ...