Financial Performance - The company's operating revenue for the first half of 2021 was ¥432,767,579.42, representing a 43.40% increase compared to ¥301,795,471.02 in the same period last year[17]. - The net profit attributable to shareholders was -¥219,933,598.03, an improvement of 25.07% from -¥293,510,647.43 in the previous year[17]. - The net cash flow from operating activities was ¥15,435,793.93, a significant turnaround from -¥188,715,588.61 in the same period last year, marking an increase of 108.18%[17]. - The total assets at the end of the reporting period were ¥9,849,920,319.89, a slight increase of 0.47% from ¥9,803,908,957.22 at the end of the previous year[17]. - The net assets attributable to shareholders decreased by 9.70% to ¥2,053,819,576.83 from ¥2,274,392,433.84 at the end of the previous year[17]. - The weighted average return on net assets was -10.16%, a decline from -6.54% in the previous year[17]. - The company reported a significant increase in revenue from the South China region, which grew by 456.95% to ¥45,557,640.25, compared to ¥8,179,822.29 in the previous year[38]. - The company reported a net loss of CNY 242,804,197.19 for the first half of 2021, compared to a net loss of CNY 332,181,424.26 in the first half of 2020, representing a 26.9% improvement[141]. Revenue Sources - Soil remediation service revenue accounted for 78.57% of total revenue, indicating strong growth potential and development space in this segment[30]. - The soil remediation service segment generated ¥339,996,459.21, accounting for 78.57% of total revenue, with a year-on-year growth of 38.28%[38]. - The ecological water-saving operation service business saw a revenue increase of 106.35%, reaching ¥81,531,908.04, up from ¥39,510,601.89[38]. - The company achieved operating revenue of ¥432,767,579.42, representing a 43.40% increase compared to the same period last year, primarily driven by soil remediation and ecological water-saving services[30]. Strategic Initiatives - The company plans to enhance its competitive edge by improving the industrial chain and integrating various resources to provide comprehensive solutions[4]. - The company aims to seek external growth opportunities through capital markets to expand its market share[4]. - The company is actively pursuing mergers and acquisitions to enhance its industrial chain and improve resource integration capabilities[31]. - The company is focusing on talent cultivation to meet the increasing demand for professionals with diverse backgrounds as its business expands[4]. - The company aims to become an international leader in ecological environment planning, investment, construction, and operation services[31]. - The company is focusing on enhancing the synergy between its various business segments to reverse losses and promote sustainable development[30]. Research and Development - Research and development investment increased by 137.31% to ¥24,853,160.95, up from ¥10,472,810.98 in the previous year[36]. - The company has developed core technologies in soil remediation, water treatment, and agricultural waste recycling, supported by partnerships with prestigious research institutions[33]. - The company is in the process of establishing the first post-doctoral research station for land pollution remediation in China, further strengthening its research capabilities[33]. Financial Position - The company's cash and cash equivalents decreased to ¥148,543,338.96, down from ¥321,412,946.15, reflecting a 1.77% decline in total asset proportion[44]. - The company’s financial expenses increased by 8.42% to ¥188,279,564.48, primarily due to changes in financing structure leading to higher interest costs[36]. - The company reported a total of 24,960 million yuan in other comprehensive income for the current period[158]. - The total equity attributable to the parent company's owners at the end of the reporting period was 5,273.3 million yuan, a decrease of 293.5 million yuan compared to the previous period[157]. Market Expansion - The company anticipates strong market growth in soil remediation and water-saving irrigation sectors, supported by national policies and funding over the next 5-10 years[34]. - The company plans to enter two new international markets by the end of 2021, aiming for a 5% contribution to overall revenue[93]. - The company is expanding its market presence, targeting a 25% increase in market share within the next fiscal year[93]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 36,632[116]. - The largest unrestricted shareholder, Beijing Yangshu Lantian Investment Center, holds 170,763,781 shares[118]. - The shareholding percentage of Beijing Yangshu Lantian Investment Center is 16.68%[117]. - The shareholding percentage of Yin Xiaodong is 11.12%[117]. Legal and Compliance - The company has initiated legal proceedings against the compensation obligors for failing to meet performance commitments, with a court ruling in March 2021 requiring them to fulfill their obligations[71]. - The company is actively pursuing litigation related to engineering disputes and overdue debts, with a total amount involved of 828.33 million yuan, but it does not expect significant impacts on its operations[79]. - The half-year financial report has not been audited[74]. Guarantees and Liabilities - The company has external guarantees totaling CNY 52 million, with actual guarantees amounting to CNY 32.54 million by the end of the reporting period[92]. - The total guarantee amount approved for subsidiaries during the reporting period was CNY 106,650 million, with an actual occurrence of CNY 66,397.48 million[98]. - The company's total liabilities reached CNY 7,412,688,721.28, up from CNY 7,123,050,595.20, marking an increase of approximately 4.1%[133].

Financial Performance - The company's operating revenue for Q1 2021 was ¥123,776,572.64, a decrease of 21.94% compared to ¥158,573,159.16 in the same period last year[8]. - The net profit attributable to shareholders was -¥89,977,974.67, representing an 80.51% decline from -¥49,845,783.85 year-on-year[8]. - Basic and diluted earnings per share were both -¥0.088, down 79.59% from -¥0.049 in the same period last year[8]. - The net loss for the first quarter was CNY 100,089,535.82, compared to a net loss of CNY 53,735,157.78 in the same period last year[45]. - The company reported a total comprehensive loss of CNY 16,399,966.56 for the current period, compared to a loss of CNY 13,878,340.98 in the previous period[53]. Cash Flow - The net cash flow from operating activities improved to -¥30,124,848.00, a 60.22% increase compared to -¥75,736,894.26 in the previous year[8]. - The total operating cash inflow for the current period is CNY 302,147,413.78, compared to CNY 312,957,045.15 in the previous period, reflecting a decrease of approximately 2.6%[52]. - The cash inflow from other operating activities is CNY 37,833,119.18, down from CNY 58,921,227.05 in the previous period, showing a decline of approximately 35.7%[53]. - The cash outflow for employee payments increased to CNY 56,296,087.65 from CNY 42,227,444.18, representing a rise of about 33.3%[53]. - The net cash flow from financing activities is -CNY 81,886,195.83, compared to a positive net cash flow of CNY 109,106,122.56 in the previous period[54]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,648,050,676.60, a decrease of 1.59% from ¥9,803,908,957.22 at the end of the previous year[8]. - Current assets totaled ¥5,977,849,891.07, down from ¥6,151,385,972.40, indicating a decrease of about 2.82%[35]. - Total current liabilities were ¥6,139,191,780.63, a slight decrease from ¥6,180,026,952.71, reflecting a reduction of approximately 0.66%[37]. - The total liabilities decreased from ¥7,123,050,595.20 to ¥7,067,713,878.40, reflecting a reduction of approximately 0.78%[37]. - The company's total equity decreased from ¥2,680,858,362.02 to ¥2,580,336,798.20, indicating a decline of about 3.73%[38]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,543[12]. - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 16.68% of the shares, totaling 170,763,781 shares[12]. Operational Highlights - Operating costs decreased by 20.81% to ¥86,093,082.39 in Q1 2021[16]. - Financial expenses surged by 99.73% to ¥81,059,732.70 due to increased interest from changes in financing structure[16]. - Management expenses were reduced by 7.02% to ¥38,219,380.83, attributed to cost control measures[16]. - The company reported a gross profit margin decline, with a gross profit of CNY -98,698,999.64, reflecting a significant operational challenge[45]. - Research and development expenses increased to CNY 7,795,936.20 from CNY 4,735,577.98, indicating a focus on innovation despite financial losses[44]. Project and Contract Information - The company reported a 14.61% increase in contract liabilities, totaling ¥656,030,852.44, primarily due to pre-received project payments[16]. - The total investment for the project with Gaotang County Sanxili is approximately CNY 1.12 billion, with no revenue recognized in the current period or cumulatively[23]. - The contract with Tianjin Beichen District for hazardous chemical storage has a total amount of CNY 54.8964 million, with recognized sales revenue of CNY 25.14 million in the current period and CNY 49.2563 million cumulatively[23]. - The project for the overall treatment of chromium pollution in Changsha has a total contract value of CNY 318.4831 million, with recognized sales revenue of CNY 7.27815 million in the current period[23]. - There are no major discrepancies affecting contract amounts exceeding 30% for the ongoing contracts[25]. Government Support - The company received government subsidies amounting to ¥264,414.99 during the reporting period[9].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the year 2020, representing a growth of 15% compared to the previous year[11]. - The net profit for 2020 was recorded at 150 million RMB, which is an increase of 20% year-on-year[11]. - The company's operating revenue for 2020 was ¥1,158,320,511.62, a decrease of 39.08% compared to ¥1,901,408,713.75 in 2019[18]. - The net profit attributable to shareholders for 2020 was -¥2,354,850,607.11, representing a decline of 127.14% from -¥1,036,745,832.56 in 2019[18]. - The company reported a basic earnings per share of -¥2.30 for 2020, compared to -¥1.03 in 2019, reflecting a decline of 123.30%[18]. - The weighted average return on equity was -68.04% in 2020, a decrease of 45.93% from -22.11% in 2019[18]. - The company experienced a negative net profit for the last three accounting years, indicating ongoing financial challenges[18]. - The company reported a total revenue of CNY 1,158.32 million for 2020, a decrease of 39.08% compared to the previous year[45]. - The net profit attributable to shareholders was CNY -235.49 million, representing a decline of 127.14% year-on-year[45]. - The total assets at the end of 2020 were ¥9,803,908,957.22, down 19.10% from ¥12,118,205,650.23 at the end of 2019[18]. Market Strategy and Expansion - The company plans to expand its market share by integrating various resources and providing comprehensive solutions, aiming for a 10% increase in market penetration over the next year[4]. - The company aims to enhance its talent acquisition strategy, targeting a 30% increase in skilled personnel to support its expanding operations[4]. - The company is exploring opportunities for external growth through mergers and acquisitions, with a goal of increasing its operational capacity by 25%[4]. - The company aims to become an international leader in ecological environment planning, investment, construction, and operation services[40]. - The company plans to deepen market expansion in regions like Henan, Hubei, and Shaanxi while maintaining its presence in established markets such as Hebei and Shandong[93]. - The company is actively pursuing mergers and acquisitions to enhance its ecological industry chain and improve operational efficiency[35]. Research and Development - The company is committed to developing new technologies in ecological water-saving solutions, with an investment of 100 million RMB planned for R&D in 2021[4]. - The company has a total of 232 invention and utility model patents, along with 68 software copyrights, enhancing its competitive edge in the ecological and information sectors[36]. - The company is focusing on research and development of new technologies to enhance its product offerings[148]. - Investment in R&D increased by 30% in 2020, totaling 150 million, focusing on innovative technologies and product development[200]. - The company has established a "production, learning, and research" cooperation model with various research institutes and universities to develop core technologies for soil remediation[43]. Financial Management and Governance - The company will not distribute cash dividends or issue bonus shares for the year 2020, focusing instead on reinvestment for growth[5]. - The company has not engaged in any cash dividend distribution in the last three years, reflecting a strategy of reinvesting profits[105]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, with ongoing commitments related to independence and avoiding competition[108]. - The company has ongoing commitments to reduce related party transactions and maintain independence as part of its long-term strategy[108]. - The company has reported a commitment to ensure the authenticity and completeness of information, effective from February 24, 2017, and is currently in compliance[110]. Operational Challenges - The COVID-19 pandemic significantly impacted the company's project implementation and cash flow arrangements, leading to delays and increased costs due to labor restrictions and procurement challenges[87]. - The company has reported a total of 22,983.96 million yuan for the Jinan City project, which is currently under construction[160]. - The company has a commitment to environmental protection and does not fall under the category of key pollutant discharge units as per environmental protection department announcements[168]. Shareholder Information - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 16.68% of the shares, totaling 170,763,781 shares[179]. - The company reported a total of 32,277 shareholders at the end of the reporting period[179]. - The company did not engage in any share repurchase activities during the reporting period[175]. - The controlling shareholder, Beijing Yangshu Lantian Investment Center, has not changed during the reporting period[182]. Social Responsibility and Community Engagement - The company has signed strategic cooperation agreements with seven villages for poverty alleviation, contributing 10,000 yuan to each village to support their poverty alleviation efforts[165]. - The company has actively participated in public welfare activities, including donations and support for students in need during the 2021 "Two Festivals" period[165]. - The company has a total of 9 projects related to social poverty alleviation, with an investment of 8.11 million yuan in various initiatives[166].

Financial Performance - Operating revenue for the reporting period was ¥259,655,768.26, a decrease of 49.50% year-on-year[8] - Net profit attributable to shareholders was -¥143,622,647.95, representing a decline of 888.85% compared to the same period last year[8] - Basic earnings per share were -¥0.14, a decrease of 800.00% year-on-year[8] - The net profit for the third quarter was a loss of ¥63,478,502.83, compared to a profit of ¥22,966,378.30 in the previous year[54] - The company reported a net loss of CNY 1,018,990,515.58 in retained earnings, compared to a loss of CNY 581,857,220.20 at the end of 2019[39] - The net profit attributable to the parent company was a loss of ¥437,133,295.38, compared to a profit of ¥33,465,403.37 in the previous year[55] - The total comprehensive income for the third quarter was a loss of ¥489,502,234.03, compared to a profit of ¥48,505,263.83 in the same period last year[56] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,345,178,272.99, an increase of 1.87% compared to the end of the previous year[8] - The total liabilities increased to CNY 7,554,206,991.36 from CNY 6,844,827,094.57, marking an increase of approximately 10.4%[38] - The total equity attributable to shareholders decreased to CNY 4,198,795,339.53 from CNY 4,635,903,674.91, reflecting a decline of approximately 9.5%[39] - The company's total current liabilities were 6,290,500,786.35 CNY, which includes short-term borrowings of 1,728,798,522.72 CNY and accounts payable of 1,988,429,964.49 CNY[72] Cash Flow - The net cash flow from operating activities was ¥182,154,744.59, an increase of 205.87% compared to the previous year[8] - Cash flow from operating activities showed a net outflow of -6,560,844.02 CNY, improving from -340,855,013.82 CNY in the previous year[63] - The total cash inflow from financing activities was 1,592,305,575.95 CNY, down from 2,403,048,818.92 CNY in the same quarter last year[64] - The net cash flow from financing activities was -2,602,735.40 CNY, a decrease from 34,612,536.10 CNY in the previous period[68] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,098[12] - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 16.68% of the shares[12] Inventory and Receivables - Accounts receivable decreased by 50.76% to ¥12,150,000 from ¥24,674,690 due to the endorsement transfer of notes receivable[16] - Inventory decreased significantly by 73.56% to ¥1,151,580,488 from ¥4,354,696,634, primarily due to adjustments based on new revenue standards[16] - The company reported a significant increase in credit impairment losses, rising by 1410.75% to -¥120,413,905 from -¥7,970,491, due to aging of receivables[16] Legal Matters - The company is pursuing legal action against individuals for failing to fulfill performance commitments, with a total compensation amount of ¥720,878,500[18] - The company has initiated legal proceedings against the compensation obligor for failing to fulfill performance commitments, with partial assets secured[21] Expenses - The company has seen a 50.35% increase in selling expenses to ¥69,033,629, reflecting enhanced market development efforts in Q3[16] - The company reported a significant increase in financial expenses, totaling ¥277,361,154.83, compared to ¥114,551,668.53 in the same period last year[54] - Research and development expenses for the quarter were CNY 4,562,635.57, an increase from CNY 3,517,094.10 in the prior period[45] Fundraising Activities - The company raised a total of RMB 156,999.99 million through a non-public offering of 94,921,400 shares at RMB 16.54 per share in 2016, with a net amount of RMB 156,499.99 million after expenses[24] - In 2017, the company raised RMB 50,950.00 million through a non-public offering of 40,118,110 shares at RMB 12.70 per share, with a net amount of RMB 50,750.00 million after expenses[25] Project Updates - The company has confirmed sales revenue of RMB 3,107.39 million from a completed project with Tianjin Beichen District[27] - The company has recognized sales revenue of RMB 4,336.66 million from a completed soil remediation project with Shandong Dacheng Agricultural Chemicals[27] - The company is currently in the preliminary phase of a project with a total investment of approximately RMB 10,000 million in Sichuan Province, with no revenue recognized yet[27]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥301,795,471.02, a decrease of 65.77% compared to ¥881,712,224.27 in the same period last year[14]. - The net profit attributable to shareholders was -¥293,510,647.43, representing a decline of 2,023.54% from ¥15,258,863.18 in the previous year[14]. - The net cash flow from operating activities improved to -¥188,715,588.61, a 52.87% increase compared to -¥400,407,635.74 in the same period last year[14]. - The total assets at the end of the reporting period were ¥12,200,398,741.40, reflecting a slight increase of 0.68% from ¥12,118,205,650.23 at the end of the previous year[14]. - The net assets attributable to shareholders decreased by 6.33% to ¥4,342,417,987.48 from ¥4,635,903,674.91 at the end of the previous year[14]. - The basic earnings per share were -¥0.287, a significant drop of 2,013.33% compared to ¥0.015 in the same period last year[14]. - The company did not achieve profitability during the reporting period, with first-quarter revenue of 158.57 million yuan and second-quarter revenue of 143.22 million yuan[25]. - The company reported a net loss of 194,988,000, reflecting challenges in the current market environment[59]. - The total comprehensive loss for the first half of 2020 was ¥332,181,424.26, compared to a comprehensive income of ¥27,280,908.58 in the first half of 2019, indicating a substantial decline in overall financial health[159]. Revenue and Business Segments - The company achieved operating revenue of 301.80 million yuan in the first half of 2020, with soil remediation services contributing 81.47% of total revenue at 245.88 million yuan[22]. - The company focuses on four main business segments: industrial ecology, ecological water conservancy, ecological environment, and smart ecology, aiming to provide integrated solutions for ecological environment construction[32]. - The ecological water-saving operation service revenue dropped by 88.96% to 39.51 million yuan, down from 357.79 million yuan in the previous year[41]. - The soil remediation operation service revenue increased by 2.28% to 245.88 million yuan, compared to 240.40 million yuan last year[41]. Strategic Initiatives - The company plans to enhance its financing capabilities through diversified methods, including issuing corporate bonds and establishing industry funds with partners[5]. - The company aims to improve its talent acquisition and management strategies to meet the rising demand for skilled personnel as its business expands[5]. - The company is focused on integrating resources and providing comprehensive solutions to enhance market competitiveness amid increasing industry competition[5]. - The company is actively pursuing mergers and acquisitions to enhance its industry chain and accelerate business transformation[28]. - The company aims to diversify its financing channels to mitigate funding risks associated with the capital-intensive nature of the ecological environment industry[61]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[175]. Research and Development - Research and development investment decreased by 45.68% to 14.68 million yuan, indicating reduced investment in R&D projects[38]. - The company has developed multiple proprietary technologies and patents in soil remediation, water treatment, and agricultural waste recycling[29]. - The company is actively engaged in research and development of new technologies and products to enhance its service offerings in the ecological environment sector[60]. Shareholder and Equity Information - The company did not distribute cash dividends or bonus shares, nor will it increase capital from reserves[5]. - The company held multiple shareholder meetings with participation rates ranging from 38.18% to 50.49%[64]. - The company has a total of 43,361,074 shares held by Wu Liji, representing 5.65% of the total shares, with no changes during the reporting period[128]. - The company’s total share capital after the recent changes is 1,023,667,816 shares, with 24.97% being restricted shares[122]. - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 16.68% of the shares, totaling 170,763,781 shares, with no changes during the reporting period[128]. Legal and Compliance - The company has not conducted an audit for the semi-annual financial report[70]. - There were no significant penalties or rectifications during the reporting period, indicating compliance with regulatory standards[76]. - The company did not engage in any major related party transactions during the reporting period, ensuring transparency in operations[78]. - The company has not reported any media controversies during the reporting period, suggesting a stable public perception[75]. Future Outlook - The company provided a future outlook projecting a revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion[92]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2022[92]. - The company aims to enhance its competitive advantages in the agricultural sector through technology and resource integration[109]. - The company plans to focus on expanding its market presence and developing new technologies in the upcoming quarters[175].

Financial Performance - The company's operating revenue for Q1 2020 was ¥158,573,159.16, representing a slight increase of 0.16% compared to ¥158,313,405.16 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥49,845,783.85, an improvement of 24.09% from a loss of ¥65,665,526.70 in the previous year[8]. - The basic earnings per share were -¥0.049, which is a 26.87% improvement from -¥0.067 in the previous year[8]. - The company reported a net loss of ¥631,703,004.05 for the period, compared to a loss of ¥581,857,220.20 in the previous period[35]. - The net profit for Q1 2020 was a loss of CNY 53.74 million, compared to a loss of CNY 60.28 million in the same period last year, indicating an improvement of approximately 11.5%[42]. - The company reported a total comprehensive loss of CNY 53.74 million for Q1 2020, compared to a loss of CNY 60.28 million in Q1 2019, indicating an improvement of approximately 11.5%[43]. Cash Flow - The net cash flow from operating activities was -¥75,736,894.26, showing a significant improvement of 70.42% compared to -¥256,005,707.42 in the same period last year[8]. - The company reported a significant decrease in cash outflow for operating activities, from 646,922,182.07 CNY to 388,693,939.41 CNY[50]. - Cash inflow from financing activities totaled 542,176,257.02 CNY, with cash outflow of 433,070,134.46 CNY, leading to a net cash flow of 109,106,122.56 CNY[51]. - The company reported a net cash outflow from investment activities of ¥19,439,140.51, a decrease of 131.92% compared to the previous year[16]. - The cash received from other operating activities was 58,921,227.05 CNY, down from 79,671,669.13 CNY in the previous period[50]. Assets and Liabilities - Total assets at the end of the reporting period were ¥12,269,146,212.13, an increase of 1.25% from ¥12,118,205,650.23 at the end of the previous year[8]. - Total liabilities rose to ¥7,049,352,814.25, compared to ¥6,844,827,094.57, indicating an increase of about 3.01%[34]. - The company's total equity decreased to ¥5,219,793,397.88 from ¥5,273,378,555.66, a decline of approximately 1.02%[35]. - The total current liabilities amounted to ¥6,393,184,687.04, up from ¥6,290,500,786.35, indicating an increase of about 1.64%[34]. - The total short-term borrowings were CNY 1,728,798,522.72, indicating reliance on short-term financing[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,843[12]. - The largest shareholder, Beijing Yangshu Lantian Investment Center, held 16.68% of the shares, amounting to 170,763,781 shares[12]. - The company did not engage in any repurchase transactions during the reporting period[13]. Inventory and Contract Assets - Inventory decreased by 78.02% to ¥957,216,184.54 due to the implementation of new revenue standards[16]. - Contract assets increased by 100.00% to ¥3,469,132,864.39, also attributed to the new revenue standards[16]. - The total contract liabilities amounted to CNY 905,195,208.15, indicating future revenue to be recognized[57]. Expenses - Total operating costs for Q1 2020 were approximately CNY 206.07 million, a decrease from CNY 214.71 million in Q1 2019, representing a reduction of about 4.3%[41]. - The financial expenses for Q1 2020 were CNY 40.59 million, compared to CNY 37.24 million in Q1 2019, indicating an increase of approximately 6.3%[41]. - The company experienced a decrease in sales expenses, which were CNY 9.95 million in Q1 2020, down from CNY 14.01 million in Q1 2019, a reduction of about 29.3%[41]. - The tax expenses for Q1 2020 were CNY 4.34 million, slightly down from CNY 4.52 million in Q1 2019, reflecting a decrease of about 4%[42]. Other Information - The company filed a lawsuit against parties unable to fulfill performance commitments related to the acquisition of Jinglan Garden[18]. - The company executed new revenue and lease standards starting in 2020, which may affect future financial reporting[61]. - The company has not yet audited the first quarter report, indicating that the figures are preliminary[61].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB in 2019, representing a year-on-year growth of 15%[14]. - The company's total revenue for 2019 was CNY 1,901,408,713.75, a decrease of 23.66% compared to CNY 2,490,857,777.77 in 2018[20]. - The net profit attributable to shareholders was a loss of CNY 1,036,745,832.56, representing a decline of 1,111.10% from a profit of CNY 102,535,975.63 in the previous year[20]. - The company's 2019 annual revenue was CNY 1,901.41 million, a decrease of CNY 58.94 million or 23.66% compared to the previous year[48]. - The net profit attributable to shareholders for 2019 was CNY -103.67 million, a decline of CNY 113.93 million or 1,111.10% year-on-year[48]. - The company reported a net profit margin of 0.00% for the recent fiscal year, indicating a need for operational improvements[78]. User Growth and Market Expansion - User data indicates a growing customer base, with an increase of 20% in active users compared to the previous year, reaching 500,000 users[14]. - The company has set a future outlook with a revenue target of 1.5 billion RMB for 2020, indicating a projected growth rate of 25%[14]. - The company plans to expand its market presence by entering three new provinces in 2020, aiming to increase its geographical footprint by 30%[14]. - The company aims to expand its ecological water-saving segment by increasing market development efforts and implementing risk deposit systems to mitigate project risks[106]. - The company plans to enhance its market presence in Southeast Asia, targeting a 25% market share by 2022[183]. Product Development and Innovation - New product development includes the launch of an innovative environmental monitoring system, expected to enhance service offerings and capture additional market share[14]. - The company is focusing on developing integrated pollution control and remediation technology systems for petrochemical sites along the Yangtze River Economic Belt[67]. - The company is exploring new product developments in software applications for environmental management[79]. - The company plans to enhance its technological capabilities through the establishment of an innovation incubator and a technology research institute[47]. - The company is committed to long-term investments in sustainable practices and technologies to drive future growth[78]. Strategic Acquisitions and Partnerships - A strategic acquisition of a local competitor is in progress, which is anticipated to increase market share by 10% and enhance operational capabilities[14]. - The company completed the acquisition of a soil pollution remediation firm for 96.11 million, representing 56.72% of the issued shares[78]. - The company completed the acquisition of Zhongke Dingshi, enhancing its industrial layout in the ecological environment sector, which is crucial for future growth[106]. - The company has established several new subsidiaries, including Hohhot Jinglan Municipal Construction Co., Ltd. and Tongliao Jinglan Muhe Water-saving Equipment Co., Ltd., which did not significantly impact overall operations and performance[100]. - The company is actively pursuing mergers and acquisitions to strengthen its industry chain and enhance its operational efficiency[35]. Financial Management and Investments - The company will not distribute cash dividends for the fiscal year, opting to reinvest profits into growth initiatives[6]. - The company is exploring diversified financing options, including issuing corporate bonds to support its capital-intensive projects[5]. - The total amount of raised funds utilized by the company is reported at 1,338.943 million, with specific allocations detailed in the financial statements[84]. - The company has a rich order reserve that supports stable and sustainable development[44]. - The company reported a significant increase in financial expenses by 52.50% to CNY 340,587,187.43, due to changes in the scope of consolidation[64]. Research and Development - The company has established a strong R&D capability, with multiple patents in soil remediation and water treatment technologies, enhancing its competitive edge in the market[38]. - The company invested approximately ¥45.57 million in R&D in 2019, a decrease of 27.58% compared to ¥62.93 million in 2018, representing 2.40% of total revenue[68]. - The number of R&D personnel decreased by 45.73% from 293 in 2018 to 159 in 2019, with the proportion of R&D staff in total workforce dropping from 16.76% to 10.57%[68]. - Research and development expenses increased by 114.81% to CNY 45,572,033.90, attributed to changes in the scope of consolidation[64]. - The company has established a "production, learning, and research" cooperation model with various research institutes and universities to develop core technologies for soil remediation[46]. Operational Challenges and Risks - The COVID-19 pandemic severely disrupted normal production and living orders, leading to increased engineering costs and delayed project progress due to labor shortages and local resumption policies[101]. - The competitive landscape is intensifying, with an expected increase in industry participants, prompting the company to strengthen its integrated solutions and service offerings[5]. - The company faces increasing competition in the ecological environment sector, with a focus on integrating resources and providing comprehensive solutions to enhance market competitiveness[110]. - The company is focusing on enhancing internal management and budget control to reduce operational risks and improve project management efficiency[109]. - The company is committed to enhancing its talent pool and optimizing human resource structures to meet the rising demand for skilled professionals[110]. Compliance and Governance - The company has not distributed cash dividends or bonus shares in the last three years, with retained earnings carried forward to the next year[115]. - The company has ongoing commitments to maintain independence and avoid competition with related parties, which are being fulfilled[119]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[135]. - The company has completed its commitment regarding the absence of insider trading activities by November 25, 2019[122]. - The company is currently fulfilling its commitment to standardize related transactions, which is effective long-term[121].

Financial Performance - Operating revenue decreased by 5.98% to CNY 514.14 million compared to the same period last year[8] - Net profit attributable to shareholders decreased by 59.13% to CNY 18.21 million compared to the same period last year[8] - Basic earnings per share decreased by 60.00% to CNY 0.02 compared to the same period last year[8] - Total operating revenue for Q3 2019 was CNY 514,138,313.98, a decrease of 5.4% compared to CNY 546,817,582.59 in Q3 2018[46] - Net profit for Q3 2019 was CNY 21,224,355.25, a decline of 54.8% from CNY 46,843,642.05 in Q3 2018[47] - The total operating revenue for the current period is CNY 1,395,850,538.25, a decrease of 16.4% compared to CNY 1,670,911,282.18 in the previous period[54] - The net profit for the current period is CNY 48,505,263.83, a decline of 69.5% compared to CNY 158,932,854.88 in the previous period[55] - The total comprehensive income for the current period is CNY 22,966,378.30, a significant recovery from a loss of CNY -21,103,681.01 in the previous period[51] Assets and Liabilities - Total assets increased by 13.90% to CNY 12.52 billion compared to the end of the previous year[8] - The company's total liabilities amounted to CNY 7.03 billion, an increase from CNY 6.51 billion, marking a growth of approximately 7.9%[38] - The company's total assets as of September 30, 2019, amounted to CNY 4,507,404,647.54, an increase from CNY 3,591,762,763.73 at the end of 2018[44] - The total liabilities were CNY 1,665,141,618.09, compared to CNY 1,366,130,040.22 in the previous year, reflecting an increase of 21.9%[43] - The company's total liabilities and equity amounted to CNY 12,523,492,808.99, an increase from CNY 10,994,938,944.75 in the previous year[42] - Total liabilities amounted to CNY 6,505,816,440.60, with current liabilities at CNY 5,655,630,235.43 and non-current liabilities at CNY 850,186,205.17[70] Shareholder Information - Net assets attributable to shareholders increased by 20.83% to CNY 5.25 billion compared to the end of the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 39,099[12] - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 16.68% of the shares[12] - The company plans to repurchase shares worth between CNY 30 million and CNY 60 million, with an expected repurchase quantity of 3,177,966 to 6,355,932 shares[23] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 340.86 million, an increase of 45.06% compared to the same period last year[8] - Cash and cash equivalents decreased by 34.36% to ¥387,496,070.15 due to mergers, operations, investments, and financing activities[16] - The cash flow from operating activities showed a net outflow of CNY 340,855,013.82, an improvement from the previous year's outflow of CNY 620,367,725.50[62] - The total cash inflow from financing activities was CNY 2,403,048,818.92, compared to CNY 2,735,806,733.35 in the same period last year[62] Research and Development - Research and development expenses rose by 75.30% to ¥13,663,568.27 due to increased investment in technology development[17] - The company reported a research and development expense of CNY 3,517,094.10, which increased from CNY 2,275,212.29 in the previous year[46] - Research and development expenses for the current period are CNY 13,663,568.27, an increase from CNY 7,794,353.71 in the previous period[54] Mergers and Acquisitions - Goodwill increased by 73.95% to ¥2,176,238,709.61 due to mergers under common control[16] - Other payables increased by 133.48% to ¥987,104,389.30 due to business growth and mergers[16] - The company is in the process of extending the validity period for the resolution related to the acquisition of a 56.7152% stake in Zhongke Dingshi[18] - The company has completed the issuance of shares to acquire part of Zhongke Dingshi's equity, with the fundraising activities still ongoing[23] Financial Ratios - The weighted average return on equity decreased by 65.69% to 0.35% compared to the same period last year[8] - The company’s total liabilities to equity ratio is approximately 1.45, indicating a higher leverage position[70]

Share Capital and Equity - The total share capital increased from 876,655,062 shares to 1,023,667,816 shares due to the issuance of 147,012,754 new shares[18]. - The registered capital rose from 876,655,062 yuan to 1,023,667,816 yuan following the completion of the business registration change on March 22, 2019[18]. - The total number of shares increased from 876,655,062 to 1,023,667,816 shares following the issuance of 147,012,754 shares for the acquisition[122]. - The proportion of limited sale shares increased from 53.66% to 60.29% after the issuance[126]. - The basic and diluted earnings per share are reported at 0.015 yuan following the increase in total shares[131]. - The total number of common shareholders at the end of the reporting period is 43,009[136]. - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 16.68% of shares, totaling 170,763,781 shares, with no change during the reporting period[136]. - The second-largest shareholder, Yin Xiaodong, increased his holdings to 11.12%, totaling 113,842,569 shares[136]. - The company has a total of 72,000,000 shares held by Jinglan Holdings, representing 7.03% of the total shares, with no change[136]. - The company reported an increase of 5,799,877 shares held by Taiping Life Insurance, bringing their total to 29,109,211 shares, which is 2.84% of the total[136]. Financial Performance - The company's operating revenue for the reporting period was ¥881,712,224.27, a decrease of 21.56% compared to the same period last year[19]. - The net profit attributable to shareholders was ¥15,258,863.18, down 85.88% year-over-year[19]. - The net profit after deducting non-recurring gains and losses was -¥12,225,967.14, a decline of 111.53% compared to the previous year[19]. - The company's total revenue for the first half of 2019 was 881.71 million RMB, a decrease of 242.38 million RMB or 21.56% compared to the first half of 2018[42]. - The net profit attributable to shareholders for the first half of 2019 was 15.26 million RMB, down 92.84 million RMB or 85.88% year-on-year[42]. - The company reported a total revenue of 1,404 million yuan for the first half of 2019, with a significant contribution from new product lines[187]. - The net profit attributable to shareholders was 1,128 million yuan, showing a year-on-year increase of 7.16%[186]. - The total comprehensive income for the first half of 2019 was CNY 27,280,908.58, significantly lower than CNY 112,089,212.83 in the same period last year[164]. - The total comprehensive income for the first half of 2019 was 1,630.63 million yuan, reflecting a decrease of 146.10 million yuan compared to the previous period[183]. Assets and Liabilities - The total assets increased by 11.96% to ¥12,310,126,503.38 compared to the end of the previous year[19]. - The net assets attributable to shareholders rose by 20.41% to ¥5,230,121,343.31[19]. - Total assets as of June 30, 2019, were 1,231.01 million RMB, an increase of 131.52 million RMB or 11.96% from December 31, 2018, primarily due to the acquisition of Zhongke Dingshi[42]. - The company's total liabilities stood at RMB 7,200,000,000, with short-term borrowings at RMB 2,449,892,786.33, slightly down from RMB 2,454,275,043.58[153]. - The total liabilities at the end of the first half of 2019 were 475.1 million, which is a decrease of 5.0% compared to the previous year[181]. - The total owner's equity at the end of the period was 1,830 million RMB, with a year-on-year change of -65.29%[189]. Revenue Sources - The ecological water-saving operation service segment generated revenue of ¥357,791,200, accounting for 40.58% of total revenue[26]. - The soil remediation business, primarily through the acquisition of Zhongke Dingshi, contributed ¥240,403,500, representing 27.27% of total revenue[27]. - The environmental landscaping technology service segment achieved revenue of ¥133,202,800, making up 15.11% of total revenue[28]. - The ecological water conservancy business is a key revenue source, with the company focusing on efficient water-saving irrigation systems and related projects[39]. Strategic Initiatives - The company plans to enhance its financing capabilities through strategic investors and the establishment of industrial funds to mitigate funding risks[5]. - The company aims to strengthen its market competitiveness by integrating resources and providing comprehensive solutions in response to increasing industry competition[5]. - The company is focused on strategic industry layout and capital operation to enhance its competitive edge in the ecological environment sector[31]. - The company is actively pursuing new technology development and product offerings in the environmental sector[59]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service offerings[114]. Research and Development - Research and development expenses increased significantly by 123.00% to ¥27.02 million, primarily due to continued investment in R&D projects[45]. - The company has established a "production, learning, and research" cooperation model with various research institutes and universities to develop core technologies for soil remediation[41]. - The company aims to increase its R&D investment by 15% in the upcoming fiscal year to foster innovation and competitiveness[180]. - The company is committed to ongoing research and development to innovate and improve its product offerings in the agricultural sector[114]. Operational Challenges - The company acknowledges the competitive risks associated with the growing number of enterprises in the ecological environment sector[5]. - The company has experienced significant impacts on its operations and performance due to the merger with Zhongke Ding Shi Environmental Engineering Co., Ltd.[69]. - The company anticipates a significant increase in competition in the ecological environment sector, prompting strategic adjustments to maintain market share[71]. Legal and Compliance - The company has a pending lawsuit involving a loan dispute amounting to 30.36 million CNY, which is currently in the first instance[81]. - Another ongoing arbitration case involves a PPP project contract dispute with a claim of 10 million CNY, which is also in the first instance[82]. - The company has not undergone any bankruptcy reorganization during the reporting period[80]. - There are no significant litigation or arbitration matters reported for the company during this period[81]. Shareholder and Governance - The company did not experience any changes in its controlling shareholder during the reporting period[138]. - The company has not engaged in any repurchase transactions among its top shareholders during the reporting period[137]. - The company maintains a stable shareholder structure with no significant changes in actual control[138]. Future Outlook - Future guidance estimates a revenue growth of 12% for the second half of 2019, driven by new product launches[106]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2021[106]. - The company aims to improve operational efficiency through strategic mergers and acquisitions in the next fiscal year[185].

Financial Performance - The company's operating revenue for Q1 2019 was ¥158,313,405.16, representing a 35.94% increase compared to ¥116,455,399.96 in the same period last year[7]. - The net profit attributable to shareholders was -¥65,665,526.70, an improvement of 18.16% from -¥80,235,497.17 year-on-year[7]. - The net cash flow from operating activities improved by 26.11%, amounting to -¥256,005,707.42 compared to -¥346,480,656.13 in the previous year[7]. - The basic and diluted earnings per share improved by 39.09%, both reported at -¥0.067 compared to -¥0.110 in the same period last year[7]. - The company reported a total loss of ¥55,763,324.13 for the period, a 32.24% reduction in loss compared to ¥82,297,270.89 in the previous year[16]. - The net profit for the first quarter was -60,283,420.31, an improvement from -81,652,167.95 year-over-year, reflecting a reduction of about 26.2%[41]. - The total operating profit for the first quarter was -55,427,819.61, compared to -83,063,647.43 in the previous period, indicating an improvement of approximately 33.3%[40]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,185,593,258.21, a 10.83% increase from ¥10,994,938,944.75 at the end of the previous year[7]. - The total assets as of March 31, 2019, amounted to ¥12,185,593,258.21, up from ¥10,994,938,944.75 at the end of 2018[30]. - The total liabilities increased, with short-term borrowings reaching ¥2,659,900,000.00, compared to ¥2,454,275,043.58 at the end of 2018[30]. - The total liabilities as of March 31, 2019, were CNY 6,806,781,794.38, compared to CNY 6,505,816,440.60 at the end of 2018[32]. - Current liabilities reached CNY 5,655,630,235.43, including short-term borrowings of CNY 2,454,275,043.58[56]. - Total liabilities were CNY 6,505,816,440.60, with non-current liabilities at CNY 850,186,205.17[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,989[11]. - The largest shareholder, Beijing Yangshu Lantian Investment Center, held 16.68% of the shares, amounting to 170,763,781 shares[11]. - The net assets attributable to shareholders increased by 18.55%, totaling ¥5,149,159,112.95 compared to ¥4,343,418,610.61 at the end of the previous year[7]. - The company's equity attributable to shareholders increased to CNY 5,149,159,112.95 from CNY 4,343,418,610.61 year-over-year[32]. Cash Flow - The net cash flow from investing activities improved by 175.15% to ¥60,891,242.56, reflecting changes in the consolidation scope[16]. - The total cash flow from operating activities was 311,244,805.52, compared to 334,172,562.65 in the previous period, reflecting a decrease of approximately 6.8%[47]. - The cash inflow from operating activities was 390,916,474.65 yuan, down from 460,207,814.52 yuan year-over-year[48]. - The cash flow from investment activities showed a net outflow of -48,239,501.54 yuan, contrasting with a net inflow of 89,563,030.66 yuan in the previous period[52]. - The net cash flow from financing activities was 146,962,625.48 yuan, an increase from 74,355,569.10 yuan year-over-year[49]. Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥5,294,155.84 for the period[8]. - The company's other income rose by 1272.31% to ¥1,006,589.99, mainly due to recognized government subsidies[16]. - The company reported a research and development expense of CNY 4,555,400.30, up from CNY 3,511,523.61, indicating a year-over-year increase of 29.7%[38]. - The company incurred sales expenses of 1,660,599.51, compared to 1,166,696.21 in the previous period, representing an increase of approximately 42.4%[42]. - The management expenses for the current period were 18,467,571.56, up from 12,779,019.37 in the previous period, indicating an increase of about 44.4%[42]. Equity and Retained Earnings - The total owner's equity as of March 31, 2019, was CNY 5,378,811,463.83, compared to CNY 4,489,122,504.15 at the end of 2018, reflecting a growth of 26.4%[32]. - The company reported a negative retained earnings of CNY -85,626,629.48[60]. Miscellaneous - The company completed the transfer of 56.7152% equity in Zhongke Dingshi Environmental Engineering Co., Ltd., increasing its stake to 77.7152%, making it a subsidiary[17]. - The goodwill increased by 73.95% to ¥2,176,238,709.61 due to the merger with a non-controlling enterprise during the reporting period[16]. - The development expenditure surged by 1248.50% to ¥11,738,265.90, attributed to increased capitalized R&D expenses[16]. - The company has implemented new financial instrument standards effective January 1, 2019, adjusting the classification of certain financial assets[57]. - The first quarter report was not audited[61].