证券代码：000928 证券简称：中钢国际 中钢国际工程技术股份有限公司投资者关系活动记录表 编号：2022-11 | --- | --- | --- | |-------------------------|----------------------------------------------------------------------------------------------|-------| | 投资者关系活 动类别 | √特定对象调研 □ 分析师会议 媒体采访 □ 业绩说明会 新闻发布会 □ 路演活动 现场参观 □ 其他（ | ） | | 参与单位名称 及人员姓名 | 人员（签名） 华泰证券 | | | 时间 | 9 月 2 日 | | | 地点 | 公司会议室 | | | 上市公司接待 人员姓名 | 副总经理、财务总监、董事会秘书袁陆生 | | | 投资者关系 活动主要内容 | 公司业务发展情况，不涉及未披露重大信息。 未提供书面材料。 | | | 附件清单 | 投资者关系活动记录（ 2022 年 9 月 2 日） | | 中钢国际工程技术股份有限公司 投资者关系活动记录 （2022 ...

证券代码：000928 证券简称：中钢国际 编号：2022-13 | --- | --- | --- | --- | |-------------------------|-----------------------------------------------------------------|------------------------------------------|-------| | 投资者关系活 动类别 | √特定对象调研 □ 媒体采访 □ □ 新闻发布会 □ □ 现场参观 □ | □ 分析师会议 业绩说明会 路演活动 其他（ | ） | | 参与单位名称 及人员姓名 | 单位 / 人员（签名） 海通证券 兴业证券、华夏基金、国寿养老 | | | | | | | | | 时间 | 2022 年 9 月 14 日 | | | | 地点 | 公司会议室 | | | | 上市公司接待 人员姓名 | | 副总经理、财务总监、董事会秘书袁陆生 | | | 投资者关系 活动主要内容 | 未提供书面材料。 | 公司业务发展情况，不涉及未披露重大信息。 | | | 附件清单 | 投资者关系活动记录（ ...

证券代码：000928 证券简称：中钢国际 编号： | --- | --- | --- | --- | |-------------------------|--------------------------------------------------------------|--------------------------------------------|--------------| | \n投资者关系活 动类别 | √特定对象调研 □ 媒体采访 □ □ 新闻发布会 □ 现场参观 □ | □ 分析师会议 业绩说明会 □ 路演活动 其他（ | 2022-14 \n） | | 参与单位名称 及人员姓名 | 单位 / 人员（签名） 东方证券 | | | | | | | | | 时间 | 2022 年 9 月 23 日 | | | | 地点 | 公司会议室 2602 | | | | 上市公司接待 人员姓名 | | 副总经理、财务总监、董事会秘书袁陆生 | | | 投资者关系 活动主要内容 | 未提供书面材料。 | 公司业务发展情况，不涉及未披露重大信息。 | | | 附件清单 | 投资者关系活动记录 ...

证券代码：000928 证券简称：中钢国际 中钢国际工程技术股份有限公司投资者关系活动记录表 编号：2022-15 | --- | --- | --- | |-------------------------|----------------------------------------------------------------------------------------|-------| | 投资者关系活 动类别 | √特定对象调研 □ 分析师会议 □ 业绩说明会 新闻发布会 □ 路演活动 □ 其他（ | ） | | 参与单位名称 及人员姓名 | 人员（签名） 财通证券、银华基金、西南证券自营、大家资产、长城基金、华 夏基金、万家基金 | | | 时间 | 28 日 | | | 地点 | 2602 （电话会议） | | | 上市公司接待 人员姓名 | 副总经理、财务总监、董事会秘书袁陆生 | | | 投资者关系 活动主要内容 | 公司业务发展情况，不涉及未披露重大信息。 未提供书面材料。 | | | 附件清单 | 投资者关系活动记录（ 2022 年 10 月 28 日） | | 中钢国际工程技术 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥4,962,191,914.57, representing a 30.53% increase year-over-year[6]. - The net profit attributable to shareholders for Q3 2022 was ¥150,629,279.34, a slight increase of 0.80% compared to the same period last year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥146,374,928.31, showing a significant increase of 27.64% year-over-year[6]. - Total operating revenue for the period reached CNY 12,605,817,806.70, an increase of 22.3% compared to CNY 10,299,309,441.66 in the previous period[33]. - Net profit for the period was CNY 433,825,975.35, a decrease of 17.9% from CNY 527,994,559.18 in the same period last year[39]. - Earnings per share (EPS) decreased to CNY 0.3244 from CNY 0.4107, reflecting a decline of 20.9%[42]. - The company reported a total comprehensive income of CNY 476,362,741.91, down from CNY 525,430,494.14 in the prior year[41]. Assets and Liabilities - The total assets at the end of the reporting period were ¥26,309,465,844.83, reflecting an 8.32% increase from the end of the previous year[6]. - The total assets of the company as of September 30, 2022, amounted to approximately RMB 26.31 billion, an increase from RMB 24.29 billion at the beginning of the year[26]. - The company's current assets totaled approximately RMB 18.93 billion, up from RMB 17.99 billion at the start of the year[23]. - Total liabilities increased to CNY 19,757,616,747.86, compared to CNY 18,009,623,105.49 in the previous year, indicating a growth of 9.7%[32]. - The company’s long-term borrowings increased to CNY 734,084,218.33 from CNY 619,091,543.43, marking a rise of 18.5%[32]. - The company reported a significant increase in inventory, which rose by 47.05% to ¥2,926,927,064.30, attributed to ongoing project execution[11]. - The company’s total liabilities increased, with accounts payable rising by 47.50% to ¥5,085,739,463.88, indicating higher operational commitments[11]. Cash Flow - The cash flow from operating activities showed a negative net amount of ¥2,529,563,918.32, which is a 1.25% decrease compared to the previous year[6]. - Operating cash inflow for the current period reached ¥10,301,436,007.73, a significant increase from ¥7,402,123,715.28 in the previous period, representing an increase of approximately 39.4%[43]. - Cash outflow from operating activities totaled ¥12,830,999,926.05, compared to ¥9,906,305,624.29 in the previous period, indicating an increase of about 29.4%[46]. - The net cash flow from operating activities was -¥2,529,563,918.32, slightly worsening from -¥2,504,181,909.01 in the previous period[46]. - Cash inflow from investment activities was ¥3,718,842.44, down from ¥2,047,933,155.07 in the previous period[46]. - The net cash flow from investment activities was -¥9,486,672.88, a decline from ¥691,392,674.45 in the previous period[46]. - Cash inflow from financing activities amounted to ¥694,408,275.19, a decrease from ¥2,161,763,955.69 in the previous period[49]. - The net cash flow from financing activities was -¥178,453,411.87, compared to ¥444,558,085.61 in the previous period[49]. - The total cash and cash equivalents at the end of the period stood at ¥2,778,817,356.57, an increase from ¥2,433,199,990.37 in the previous period[49]. Research and Development - Research and development expenses increased by 45.06% to ¥218,899,040.11, indicating a stronger focus on innovation[14]. - Research and development expenses for the period were CNY 218,899,040.11, an increase of 45% compared to CNY 150,907,398.91 in the previous period[36]. Shareholder Information - As of September 30, 2022, the total number of ordinary shareholders was 64,350, with the top ten shareholders holding a combined 56.08% of shares[15]. - China Minmetals Corporation held 31.71% of shares, while China Minmetals Group Co., Ltd. held 19.34%[15]. - The company reported a total of 261 convertible bonds converted into shares, totaling 4,624 shares as of September 30, 2022[19]. - The total number of shares outstanding increased to 1,281,043,774 shares[19].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥7,643,625,892.13, representing a 17.64% increase compared to ¥6,497,690,634.67 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was ¥264,945,554.28, a decrease of 27.76% from ¥366,743,831.18 in the previous year[24]. - The basic earnings per share decreased by 29.13% to ¥0.2068 from ¥0.2918 in the same period last year[24]. - The total assets at the end of the reporting period were ¥26,388,540,092.15, an increase of 8.65% from ¥24,287,758,259.15 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company increased by 2.17% to ¥6,314,658,384.19 from ¥6,180,248,942.38 at the end of the previous year[24]. - The weighted average return on net assets decreased to 4.21% from 6.36% in the previous year[24]. - The financial expenses decreased by 93.09% to ¥4,978,120.41, attributed to increased foreign exchange gains during the reporting period[43]. - The asset-liability ratio at the end of the reporting period was 75.33%, an increase of 1.18% compared to the previous year[190]. - The current ratio decreased by 2.73% to 1.07 compared to the previous year[188]. - Cash interest coverage ratio decreased by 32.36%, resulting in a negative value of -23.19[190]. Cash Flow and Investments - The net cash flow from operating activities was ¥260,352,554.31, a significant increase of 99.12% compared to ¥130,754,494.09 in the same period last year[24]. - Total investments during the reporting period were ¥3,484,080.00, a decrease of 107.24% compared to the previous year[57]. - The total amount raised through the public issuance of convertible bonds was CNY 960 million, with a net amount of CNY 944.33 million after deducting issuance costs[64]. - As of June 30, 2022, the cumulative amount of raised funds invested was CNY 411.10 million, which includes direct project investment of CNY 179.81 million and working capital supplementation of CNY 123.94 million[64]. - The remaining unused raised funds amounted to CNY 535.35 million, including interest income of CNY 2.11 million[64]. Research and Development - R&D expenses increased by 34.56% year-on-year to CNY 130 million, with 59 new patent applications, including 30 invention patents, bringing the total effective patents to 304[34]. - The company holds 304 patents, including 54 invention patents, and has established multiple research centers to drive technological innovation[38]. - The company is actively involved in the national key R&D project "Carbon Peak Research and Application," which aims to establish a carbon emission inventory for the steel industry[34]. Market and Operations - The market share of low-carbon metallurgy technology continued to expand, with green low-carbon engineering technology contracts accounting for 40% of new contracts signed in the first half of the year[34]. - The overseas projects progressed smoothly, including the 2.5 million-ton direct reduction iron project in Algeria, which is advancing towards digital delivery[34]. - The total amount of overseas engineering contracts signed by the company has exceeded $10 billion, with over 80% of contracts located in countries along the "Belt and Road" initiative[38]. - The overseas revenue accounted for 20.60% of total operating revenue, showing a significant increase of 184.17% from the previous year[46]. Governance and Compliance - The company has established a governance structure involving the shareholders' meeting, board of directors, supervisory board, and specialized committees to enhance governance efficiency[96]. - The company has a commitment to adhere to legal regulations and improve governance systems continuously[96]. - There were no significant lawsuits or arbitration matters reported during the reporting period[104]. - The company has not encountered any issues or problems in the use and disclosure of raised funds[70]. Risk Management - The company faces potential short-term repayment pressure due to high accounts payable and receivable balances, which may impact liquidity and operations[5]. - The company emphasizes risk management strategies, including enhancing cash flow management and diversifying financing channels to mitigate cash flow risks[76]. - The company has implemented measures to strengthen compliance and risk awareness in overseas project execution[76]. Social Responsibility - The company provided targeted assistance in the designated poverty alleviation area, with total consumption support amounting to CNY 929,700 in the first half of the year[93]. - The company implemented a rental reduction policy for small and micro enterprises, totaling CNY 4,589,500 in rental waivers during the first half of the year[93]. - The company has completed various poverty alleviation projects, including the renovation of multiple dams and the establishment of an ecological rice base[93]. - The company is actively promoting the implementation of policies to support small and medium-sized enterprises in distress[93]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,456[159]. - The controlling shareholder, China Steel Group, reduced its holdings by 1,101,600 shares, accounting for 0.09% of the total shares[156]. - The top 10 shareholders collectively hold a significant portion of the company's shares, with the largest shareholder alone holding over 31%[167]. - The company has not reported any involvement in entrusted voting rights or waiver of voting rights by major shareholders[165].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥7,643,625,892.13, representing a 17.64% increase compared to ¥6,497,690,634.67 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was ¥264,945,554.28, a decrease of 27.76% from ¥366,743,831.18 in the previous year[24]. - The net cash flow from operating activities increased by 99.12%, reaching ¥260,352,554.31, compared to ¥130,754,494.09 in the same period last year[24]. - The basic earnings per share decreased by 29.13% to ¥0.2068, down from ¥0.2918 in the previous year[24]. - Total assets at the end of the reporting period were ¥26,388,540,092.15, an increase of 8.65% from ¥24,287,758,259.15 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company were ¥6,314,658,384.19, reflecting a 2.17% increase from ¥6,180,248,942.38 at the end of the previous year[24]. - The weighted average return on net assets was 4.21%, down from 6.36% in the previous year[24]. - The financial expenses decreased by 93.09% to ¥4,978,120.41, attributed to increased foreign exchange gains during the reporting period[43]. - The company's net profit after deducting non-recurring gains and losses increased by 98.16% year-on-year, reaching approximately ¥270.5 million[189]. - The asset-liability ratio at the end of the reporting period was 75.33%, an increase of 1.18% compared to the previous year[189]. - The current ratio decreased by 2.73% to 1.07 compared to the previous year[187]. - Cash interest coverage ratio decreased by 32.36%, resulting in a negative value of -23.19[189]. Research and Development - The company increased R&D expenses to 130 million yuan, a year-on-year growth of 34.56%, and applied for 59 new patents, including 30 invention patents, bringing the total effective patents to 304[34]. - The company has invested ¥129,837,517.24 in R&D, which is a 34.56% increase from ¥96,489,529.03 in the previous year[43]. - The company has developed innovative low-carbon metallurgical technologies, including the world's first decarbonized gas recycling high furnace technology[38]. - The company is actively participating in the national key R&D project "Carbon Peak Research and Application," which aims to establish a carbon emission inventory for the steel industry[34]. Market and Operations - The company has ongoing overseas projects that may be affected by the COVID-19 pandemic and international political and economic conditions[5]. - The total amount of overseas engineering contracts signed by the company has exceeded $10 billion, with over 80% of contracts located in countries along the "Belt and Road" initiative[38]. - The overseas revenue accounted for 20.60% of total operating revenue, showing a significant increase of 184.17% compared to the previous year[46]. - The company has established a stable partnership network with over 50 well-known enterprises globally, enhancing its market reputation and project execution capabilities[39]. - The company successfully completed several low-carbon metallurgy projects, including a 4 million-ton pellet project in Algeria and a 500,000-ton pellet project in Binhai, contributing to its green technology portfolio[34]. - The company ranked 152nd in the "Top 250 International Contractors" list by Engineering News-Record (ENR) in 2022[38]. Corporate Governance and Social Responsibility - The company has established a governance structure involving the shareholders' meeting, board of directors, supervisory board, and specialized committees to enhance governance efficiency[96]. - The company has implemented measures to enhance cash flow management, ensuring sufficient liquidity and reducing non-standard financial assets[76]. - The company is actively promoting rural revitalization and fulfilling its social responsibilities as a state-owned enterprise[93]. - The company provided assistance totaling CNY 929,700 in its designated poverty alleviation area during the first half of the year[93]. - The company implemented a rental reduction policy, providing a total of CNY 4,589,500 in rent relief to small and micro enterprises and individual businesses[93]. Shareholder and Capital Management - The company plans to distribute a cash dividend of ¥1.02 per 10 shares, based on a total of 1,281,039,150 shares[5]. - The total amount raised through the public issuance of convertible bonds was CNY 944.33 million, with a net amount after issuance costs of CNY 944.33 million[64]. - The remaining unused raised funds amounted to CNY 535.35 million, including interest income of CNY 2.11 million[64]. - The company has temporarily used CNY 450 million of idle raised funds to supplement working capital, which was fully returned to the special account by November 8, 2021[70]. - The company has maintained a consistent dividend payout ratio exceeding 30% of net profit for six consecutive years, with cumulative dividends reaching ¥1 billion[91]. Risk Management - The company faces short-term repayment pressure due to high accounts payable and receivable balances, which may impact liquidity and operations[5]. - The company has taken steps to mitigate risks associated with international operations, including compliance and local contractor management[76]. - The company has no significant litigation or arbitration matters during the reporting period[104]. - The company has no derivative investments during the reporting period[63]. Related Party Transactions - The company engaged in related party transactions amounting to CNY 5,066,350 for equipment procurement, representing 0.73% of similar transaction amounts[109]. - The total revenue from related party transactions amounted to 60,027.71 million, with a significant portion coming from sales of products and services[116]. - The company reported a procurement amount of 9,240.28 million from related parties, representing 1.33% of total procurement[116]. - The company maintained a consistent approach to market principles in all related party transactions[116].

Financial Performance - The company's operating revenue for Q1 2022 was ¥3,050,465,239.33, representing a 10.03% increase compared to ¥2,772,485,237.27 in the same period last year[3] - Net profit attributable to shareholders was ¥128,732,916.86, up 4.97% from ¥122,637,707.32 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥127,921,261.78, reflecting a significant increase of 21.20% from ¥105,542,542.42 in the previous year[3] - Basic earnings per share increased to ¥0.1005, a rise of 2.97% from ¥0.0976 in the previous year[3] - Net profit for the current period was ¥132,909,687.05, representing an increase of 6.56% from ¥124,284,230.47 in the previous period[25] - The company reported a total profit of ¥174,060,681.64, up from ¥165,946,635.45, indicating a growth of 4.73%[25] Cash Flow - The net cash flow from operating activities improved to -¥1,595,303,594.60, a 26.07% reduction in cash outflow compared to -¥2,157,774,052.90 in the same period last year[3] - Cash inflow from operating activities totaled ¥2,715,817,063.50, significantly higher than ¥1,760,629,109.64 in the previous period, indicating a growth of 54.31%[29] - The net cash flow from operating activities was -1,595,303,594.60, an improvement from -2,157,774,052.90 in the previous period, indicating a reduction in cash outflow[32] - Cash outflow from investing activities totaled 6,648,274.64, compared to 31,197,097.47 in the previous period, showing a significant decrease[32] - The net cash flow from financing activities was -152,191,266.09, a decline from 811,579,760.20 in the previous period, reflecting a shift in financing strategy[32] - The company incurred a cash outflow of 118,500,000.00 for debt repayment, down from 251,650,000.00 in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,289,496,695.53, showing a slight increase of 0.01% from ¥24,287,758,259.15 at the end of the previous year[3] - The company's cash and cash equivalents decreased to RMB 5.53 billion from RMB 6.93 billion at the beginning of the year, representing a decline of approximately 20%[15] - Total current liabilities decreased slightly to RMB 16.34 billion from RMB 16.42 billion, a reduction of about 0.5%[18] - The company's short-term borrowings decreased to RMB 707.59 million from RMB 772.59 million, a decline of approximately 8.4%[18] - Total liabilities decreased slightly to ¥17,888,872,564.94 from ¥18,009,623,105.49, a reduction of 0.67%[21] Equity - Shareholders' equity attributable to the parent company rose to ¥6,298,572,774.04, marking a 1.91% increase from ¥6,180,248,942.38 at the end of the previous year[3] - Total equity increased to ¥6,400,624,130.59 from ¥6,278,135,153.66, showing a growth of 1.94%[21] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 64.30% to ¥232,156,262.85 due to increased bill collections[6] - Accounts receivable increased to RMB 4.32 billion, up from RMB 4.21 billion, indicating a growth of about 2.5%[15] - Inventory rose significantly to RMB 2.50 billion, compared to RMB 1.99 billion at the beginning of the year, reflecting an increase of approximately 25.5%[15] Research and Development - Research and development expenses rose to ¥48,247,848.99, compared to ¥37,449,184.34, reflecting a 28.83% increase[25] Other Financial Metrics - Other comprehensive income after tax was reported at -¥10,755,646.94, worsening from -¥4,422,634.80 in the previous period[28] - The company reported a decrease in the balance of "Zhonggang Convertible Bonds" to RMB 819.20 million, down from RMB 819.55 million, indicating a reduction of approximately 0.04%[14] - The company’s long-term receivables increased to RMB 3.45 billion from RMB 3.26 billion, reflecting a growth of about 5.9%[18] - The impact of exchange rate changes on cash and cash equivalents was -21,470,094.76, compared to -3,571,862.08 previously, indicating increased currency volatility[32] - The company received 15,000,000.00 in cash from borrowings, a significant decrease from 1,014,301,862.77 in the previous period[32]

Financial Performance - The company achieved operating revenue of CNY 15.86 billion in 2021, representing a year-on-year increase of 6.98%[25]. - The net profit attributable to shareholders was CNY 648.90 million, up 7.79% from the previous year[25]. - The net profit after deducting non-recurring gains and losses decreased by 43.73% to CNY 331.13 million[25]. - The net cash flow from operating activities was CNY 603.62 million, a decline of 60.57% compared to the previous year[25]. - The total assets at the end of 2021 reached CNY 24.29 billion, an increase of 23.23% year-on-year[25]. - The net assets attributable to shareholders increased by 9.55% to CNY 6.18 billion[25]. - The company reported a basic earnings per share of CNY 0.5138, reflecting a growth of 7.27%[25]. - In 2021, the company achieved a total revenue of ¥15.86 billion, representing a year-on-year growth of 6.98%[59]. - The net profit attributable to shareholders reached ¥649 million, reflecting a year-on-year growth of 7.79%[59]. - The gross profit margin for engineering contracting was 7.39%, down by 2.99% from the previous year[63]. Dividend Distribution - The company reported a profit distribution plan to distribute a cash dividend of 1.52 CNY per 10 shares, based on a total of 1,280,919,103 shares[5]. - The cash dividend distribution policy requires a minimum of 20% cash dividend in profit distribution for companies in a growth stage with significant capital expenditure plans[192]. - The company reported a cash dividend of CNY 194,669,901.94, representing 100% of the distributable profit of CNY 225,105,143.00[192]. - The cash dividend per 10 shares is CNY 1.52, with no bonus shares distributed[192]. Business Operations - The company operates in the civil engineering and construction industry, which is characterized by high accounts payable and receivable, potentially leading to short-term liquidity pressures[5]. - The company has ongoing overseas projects that may be affected by the COVID-19 pandemic and international political and economic conditions[5]. - The company has not reported any changes in its main business operations or major shareholders during the reporting period[23]. - The company operates in the civil engineering and construction industry, focusing on industrial engineering and technology services primarily for the steel industry[39]. - The company signed new contracts totaling 27.672 billion yuan in 2021, with existing projects progressing steadily[41]. - The company is expanding its international operations, signing key projects in Algeria, Indonesia, and Iran despite the challenges posed by the pandemic[42]. - The company has 42 ongoing overseas projects, with confirmed revenue of ¥16.992 billion as of the end of 2021[69]. Research and Development - R&D expenses reached 274 million yuan in 2021, representing a year-on-year increase of 21.43%[45]. - The company has filed 29 patents, bringing the total number of valid patents to 286[45]. - The company is actively promoting low-carbon metallurgy technology and has participated in several key projects, including hydrogen energy development and utilization[47]. - The company is developing intelligent control technology for the belt roasting process, aiming to improve production efficiency and reduce energy consumption[79]. - Research on hydrogen-based direct reduction refractory materials is underway, with potential applications in hydrogen-based vertical furnace projects[79]. - The new hydrogen-rich carbon cycle blast furnace technology aims to enhance iron production efficiency and reduce CO2 emissions[79]. - The company is exploring low-pressure vertical furnace designs to promote hydrogen-based direct reduction technology in the metallurgical market[79]. - R&D investment amounted to ¥273,945,410.65 in 2021, an increase of 21.43% from ¥225,596,596.10 in 2020, representing 1.73% of total revenue[86]. Governance and Compliance - The company is committed to ensuring the accuracy and completeness of its financial reports, with all board members present for the report's approval[5]. - The company has engaged Da Hua Certified Public Accountants for auditing services during the reporting period[24]. - The company has established and continuously improved its corporate governance system, ensuring compliance with relevant laws and regulations[138]. - The company operates independently with a complete management system, assets, personnel, and capabilities, without reliance on the controlling shareholder[139]. - The company has a dedicated financial department and accounting system, capable of making independent financial decisions[140]. - The company has held multiple shareholder meetings throughout the reporting period, including five temporary shareholder meetings and one annual meeting[143]. - The company has not experienced any insider trading violations or regulatory actions against its directors or senior management[138]. - The company has provided training for its directors and senior management to ensure compliance with relevant laws and regulations[138]. Market Strategy and Expansion - The company aims to enhance its capabilities in carbon asset management and consulting, contributing to the steel industry's carbon neutrality goals[83]. - The company is focused on improving investor relations and information disclosure to protect shareholder rights and enhance capital market communication[124]. - The company plans to optimize its business structure through professional mergers and acquisitions to increase capital market value and shareholder returns[124]. - The company is focused on market expansion and technological innovation in its engineering projects[166]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[161]. - The company is prioritizing sustainability initiatives in its operations, aligning with global trends towards environmental responsibility[158]. Financial Management - The company has implemented a comprehensive internal control management system focusing on risk prevention capabilities[194]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 14.2583 million yuan[169]. - The company’s chairman, Lu Pengcheng, received a total pre-tax remuneration of 22,000 yuan[169]. - The total pre-tax remuneration for the general manager, Jian, was 1.5606 million yuan[169]. - The company’s vice general manager, Tang, received 1.2898 million yuan in remuneration[169]. - The company’s vice general manager, Jia, received 1.2427 million yuan in remuneration[169]. - The company’s vice general manager, Dong, received 1.4017 million yuan in remuneration[169]. - The company’s risk control director, Wang Hongyu, received 1.1295 million yuan in remuneration[169]. Challenges and Risks - The company emphasizes the importance of investor awareness regarding potential risks associated with forward-looking statements[5]. - The company is enhancing risk management capabilities to mitigate operational and cash flow risks associated with overseas projects[124]. - The company has not experienced any major changes in the feasibility of its projects during the reporting period[112]. - The company has not engaged in any substantial related-party transactions that could compromise its independence[139].

Financial Performance - The company's revenue for Q3 2021 reached ¥3,801,618,806.99, representing a year-on-year increase of 23.36%[5] - Net profit attributable to shareholders for the same period was ¥149,430,133.78, a significant increase of 93.28% compared to the previous year[5] - The basic earnings per share (EPS) rose to ¥0.1189, reflecting a 93.33% increase year-on-year[5] - Total operating revenue for the current period reached ¥10,299,309,441.66, an increase of 23.3% compared to ¥9,101,799,089.74 in the previous period[29] - Net profit for the current period was ¥527,994,559.18, representing a 73.9% increase from ¥303,742,157.83 in the same period last year[32] - Earnings per share (EPS) for the current period was ¥0.4107, compared to ¥0.2363 in the previous period[32] - The company reported a total profit of ¥672,138,370.98, up from ¥384,532,739.13 in the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥20,770,873,846.61, up 5.39% from the end of the previous year[5] - As of September 30, 2021, the total assets of the company amounted to ¥20,770,873,846.61, an increase from ¥19,708,894,841.57 at the end of 2020[18] - The company's total liabilities were reported at ¥14,848,995,956.32, compared to ¥15,879,595,496.92 in the previous year, showing a decrease of approximately 6.5%[21] - The total liabilities increased to ¥14,597,560,810.36, compared to ¥13,952,207,973.52 in the previous period[25] - Total liabilities amounted to ¥13,952,207,973.52, a decrease of ¥38,597,572.07 compared to the previous period[46] - The total current liabilities were ¥13,667,734,164.18, slightly decreasing from the previous total[46] Cash Flow - The company reported a net cash flow from operating activities of -¥2,504,181,909.01, a decline of 206.91% compared to the same period last year[8] - Operating cash inflow for the period was CNY 7,402,123,715.28, down 19.2% from CNY 9,176,463,273.74 in the previous period[36] - Net cash outflow from operating activities was CNY -2,504,181,909.01, compared to CNY -815,944,889.06 in the previous period[36] - Cash inflow from investment activities totaled CNY 2,047,933,155.07, a significant increase from CNY 49,069,033.83 in the previous period[39] - Net cash inflow from financing activities was CNY 444,558,085.61, up from CNY 98,366,857.43 in the previous period[39] - The total cash and cash equivalents at the end of the period was CNY 2,433,199,990.37, compared to CNY 1,791,632,659.94 in the previous period[39] Shareholder Equity - The total equity attributable to shareholders increased by 7.25% to ¥6,050,088,160.11 compared to the previous year[5] - The total equity attributable to shareholders of the parent company rose to ¥6,050,088,160.11, an increase from ¥5,641,369,451.07 in the prior period[25] - The company has a significant shareholder structure, with China Steel Group holding 31.74% and China Steel Co. holding 19.44% of shares[16] Inventory and Receivables - The company experienced a 72.75% increase in inventory, totaling ¥2,655,492,634.81, due to increased contract costs from ongoing projects[8] - Accounts receivable stood at ¥4,428,579,152.82, down from ¥5,192,034,318.33 in the previous year, indicating a reduction of approximately 14.7%[18] - Inventory increased significantly to ¥2,655,492,634.81 from ¥1,537,150,225.15, reflecting a growth of about 73%[21] - Long-term receivables surged by 246.17% to ¥3,013,979,655.81, attributed to receivables from projects exceeding one year[8] Investment and Financing Activities - The company successfully issued convertible bonds, resulting in a 351.94% increase in cash flow from financing activities, totaling ¥444,558,085.61[12] - The company issued 9.6 million convertible bonds with a total value of ¥96,000,000, which began trading on April 23, 2021[17] - As of September 30, 2021, the balance of the convertible bonds was ¥824,406,600.00, with a total of 1,280,081,086 shares outstanding[17] Research and Development - Research and development expenses increased to ¥150,907,398.91, up 25% from ¥120,723,380.63 in the prior period[29] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[35]