Financial Performance - The company's revenue for Q3 2022 was ¥108,697,763.44, a decrease of 26.86% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥7,525,386.25, an increase of 26.35% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,770,333.91, up 56.91% from the previous year[5] - Total operating revenue for Q3 2022 was CNY 364,335,886.84, a decrease of 23.96% compared to CNY 479,449,628.05 in the same period last year[21] - The net profit for Q3 2022 was approximately ¥33.08 million, down from ¥44.20 million in Q3 2021, reflecting a decrease of 25.1%[22] - The company reported a total comprehensive income of approximately ¥33.08 million for Q3 2022, compared to ¥43.55 million in Q3 2021, indicating a decline of 24.0%[22] Cash Flow and Investments - The company's cash flow from operating activities for the year-to-date was ¥190,784,457.24, a significant increase of 186.70%[5] - The operating cash flow for Q3 2022 was approximately ¥190.78 million, a turnaround from a negative cash flow of ¥220.05 million in the same period last year[23] - The cash flow from investing activities for Q3 2022 was negative at approximately ¥48.12 million, compared to a negative cash flow of ¥1.19 million in Q3 2021[23] - The company reported a significant increase in cash flow from investment activities, with inflows of RMB 2,217,820.00, up 2750.67% compared to RMB 77,800.00 in the previous period[11] - Cash outflows for investment activities reached RMB 50,333,092.63, a 3877.47% increase from RMB 1,265,454.39, primarily due to purchases of funds and equity investments[11] Assets and Liabilities - The total assets at the end of Q3 2022 reached ¥2,574,305,682.59, representing a 6.45% increase from the end of the previous year[5] - Total assets as of September 30, 2022, amounted to CNY 2,574,305,682.59, an increase from CNY 2,418,309,898.45 at the start of the year[19] - Total liabilities decreased to CNY 1,099,855,037.50 from CNY 1,260,325,344.69 at the beginning of the year, reflecting a reduction of 12.75%[19] - Shareholders' equity increased to CNY 1,474,450,645.09 as of September 30, 2022, compared to CNY 1,157,984,553.76 at the beginning of the year, marking a growth of 27.31%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,984, with no preferred shareholders[13] - The top shareholder, Li Xiaoming, holds 29.51% of the shares, totaling 228,815,120 shares[13] - The company issued 75,446,428 new shares at a price of RMB 4.48 per share, which were listed on September 29, 2022[17] Research and Development - The company reported a 198.92% increase in R&D expenses, totaling ¥5,855,303.81, indicating a focus on project development[10] - Research and development expenses for Q3 2022 were CNY 5,855,303.81, significantly higher than CNY 1,958,846.02 in the same period last year, indicating an increase of 198.36%[21] Financing Activities - The company secured bank loans amounting to RMB 884,900,000.00, reflecting a 49.35% increase from RMB 592,506,284.35[11] - The total cash inflow from financing activities was RMB 1,222,899,997.44, a 106.39% increase from RMB 592,506,284.35, mainly due to funds received from a private placement[11] - The company completed a private placement, raising RMB 337,999,997.44, with a net amount of RMB 332,317,440.31 after deducting issuance costs[16] - The company raised approximately ¥1.22 billion through financing activities in Q3 2022, compared to ¥592.51 million in the same period last year, marking an increase of 106.1%[24] Future Plans - The company plans to utilize the raised funds for future expansion and development projects[16] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[20]

Financial Performance - The company's operating revenue for the first half of 2022 was RMB 255,638,123.40, a decrease of 22.71% compared to RMB 330,736,054.92 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was RMB 25,620,031.27, down 25.27% from RMB 34,284,631.52 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was RMB 20,880,974.13, a decline of 26.84% compared to RMB 28,539,634.10 in the same period last year[17]. - The basic earnings per share decreased by 25.31% to RMB 0.0366 from RMB 0.0490 in the previous year[17]. - The total operating revenue for the reporting period was CNY 255,638,123.40, a decrease of 22.71% compared to CNY 330,736,054.92 in the same period last year[36]. - The revenue from landscape engineering was CNY 237,917,344.35, accounting for 93.07% of total revenue, down 24.40% year-on-year[37]. - The gross profit margin for landscape engineering was 25.88%, which represents an increase of 11.16% compared to the previous year[37]. - The company reported a net loss of CNY 3,424,731.21 for the first half of 2022, compared to a profit of CNY 52,054,113.89 in the same period last year[133]. - The total profit for the first half of 2022 was CNY 34,335,516.36, compared to CNY 48,544,572.43 in the same period of 2021, reflecting a decline of about 29.2%[136]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 2,411,912,977.29, a slight decrease of 0.26% from RMB 2,418,309,898.45 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company decreased by 2.02% to RMB 1,131,651,716.54 from RMB 1,155,031,685.27 at the end of the previous year[17]. - Cash and cash equivalents decreased to CNY 200,846,364.53, down from CNY 235,227,166.67, a reduction of 1.40% in total assets[38]. - Short-term borrowings increased significantly to CNY 616,640,252.78, up 6.84% from CNY 453,050,505.15[38]. - The total liabilities as of June 30, 2022, are not explicitly stated but are essential for assessing the company's financial health[126]. - Total liabilities increased to CNY 1,277,373,036.00 from CNY 1,260,325,344.69, reflecting a rise of 1.3%[129]. - The total equity attributable to shareholders decreased to CNY 1,131,651,716.54 from CNY 1,155,031,685.27, a decline of 2.0%[129]. Cash Flow - The net cash flow from operating activities was RMB -132,184,837.65, showing a slight improvement of 1.21% compared to RMB -133,804,382.55 in the previous year[17]. - The company's investment activities generated a net cash flow of -¥11,917,329.26, a significant decrease of 915.98% compared to -¥1,172,985.24 in the previous year[35]. - The net cash flow from financing activities was 97,753,026.10 CNY, a substantial rise from 6,467,660.67 CNY in the same period last year[142]. - The cash and cash equivalents net decrease for the first half of 2022 was -46,350,193.43 CNY, an improvement from -128,511,407.59 CNY in the first half of 2021[142]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[75]. - A strategic acquisition of a local competitor was announced, expected to enhance the company's market position and increase revenue by an estimated 15% annually[76]. - The company aims to enhance its operational efficiency through strategic mergers and acquisitions in the upcoming quarters[149]. Research and Development - Research and development expenses increased by 30%, totaling 200 million RMB, focusing on new technologies and product innovations[76]. - The company aims to enhance its research and development efforts to introduce new technologies in the upcoming quarters[151]. Risk Management - The company faces risks related to market competition due to low industry entry barriers and a large number of competitors[51]. - The company is exposed to risks from fluctuations in procurement prices for materials, labor services, and machinery rentals, which could adversely affect cost control[54]. - The ongoing impact of the COVID-19 pandemic has significantly affected project receivables, leading to potential risks of delayed payments from clients[55]. - The company emphasizes the importance of maintaining a robust risk management strategy to mitigate potential operational risks[55]. Corporate Governance - The company has revised its articles of association and established various internal control systems to enhance corporate governance[65]. - The company has not engaged in any derivative investments or significant asset sales during the reporting period[46][47]. - The company did not report any significant environmental violations or penalties during the reporting period[65]. Shareholder Information - The company held two temporary shareholder meetings in 2022, with investor participation rates of 63.99% and 63.63% respectively[58]. - The company did not distribute cash dividends or issue bonus shares for the first half of 2022, with a total cash dividend distribution of 49 million CNY for the previous year[61][66]. - The company completed the 2021 profit distribution work, distributing 0.70 CNY per 10 shares to shareholders[66]. Employee Engagement - The company emphasizes employee safety and labor protection, providing necessary protective equipment and conducting regular safety training[67]. - The company prioritizes employee training and career planning, conducting annual training needs assessments and collaborating with universities for talent development[68]. - The company encourages employees to participate in continuing education and professional certification to enhance overall skill levels[68]. Market Outlook - The company provided a future outlook, projecting a revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion[75]. - The future outlook remains positive, with projected revenue growth of 8.7% for the next fiscal year[148].

Financial Performance - The company's revenue for Q1 2022 was ¥96,949,474.03, a decrease of 31.10% compared to ¥140,710,501.30 in the same period last year[6] - Net profit attributable to shareholders was ¥5,093,116.27, down 33.58% from ¥7,667,665.45 year-on-year[6] - Basic and diluted earnings per share decreased by 33.64% to ¥0.0073 from ¥0.0110 in the same period last year[6] - Total operating revenue for Q1 2022 was ¥96,949,474.03, a decrease of 30.9% compared to ¥140,710,501.30 in Q1 2021[20] - Net profit for Q1 2022 was ¥5,072,959.75, representing a decline of 33.5% from ¥7,667,665.45 in Q1 2021[22] - The total profit for Q1 2022 was ¥7,813,420.31, a decrease of 35.5% compared to ¥12,201,149.10 in Q1 2021[22] Cash Flow and Liquidity - The net cash flow from operating activities improved by 6.98%, amounting to -¥89,505,141.34 compared to -¥96,221,047.77 in the previous year[6] - Cash flow from operating activities showed a net outflow of ¥89,505,141.34, an improvement from a net outflow of ¥96,221,047.77 in the previous year[25] - Cash and cash equivalents at the end of Q1 2022 were ¥126,652,956.09, an increase from ¥91,176,422.63 at the end of Q1 2021[26] - The net increase in cash and cash equivalents was -¥44,374,627.81, a 69.43% improvement compared to -¥145,151,287.54 in the previous year[11] - The company's cash and cash equivalents decreased from ¥235,227,166.67 at the beginning of the year to ¥187,379,271.77 at the end of the reporting period, a decline of approximately 20.3%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,336,538,478.90, a decline of 3.38% from ¥2,418,309,898.45 at the end of the previous year[6] - The company's total assets decreased from ¥2,418,309,898.45 to ¥2,336,538,478.90, a decline of approximately 3.4%[18] - Total current assets decreased from ¥1,986,738,973.46 to ¥1,902,518,481.02, a decline of approximately 4.2%[18] - Total liabilities decreased from ¥1,260,325,344.69 to ¥1,173,480,965.39, a reduction of about 6.9%[19] - The total equity attributable to the parent company increased slightly from ¥1,155,031,685.27 to ¥1,160,124,801.54, an increase of about 0.4%[19] Investment and Financial Activities - The company reported a significant increase in investment activity, with cash inflows from investment activities rising by 4687.33% to ¥2,202,170.00[10] - Financial expenses surged by 108.22% to ¥4,336,898.37 due to increased loans during the reporting period[10] - The company experienced a 41.43% increase in contract liabilities, reaching ¥22,004,437.20, attributed to pre-received project payments[10] Shareholder Information - The total number of common shareholders at the end of the reporting period is 53,369[13] - The largest shareholder, Li Xiaoming, holds 32.69% of the shares, totaling 228,815,120 shares[13] - The company has no preferred shareholders as indicated in the report[15] - The company plans to issue A-shares through a non-public offering, which was approved by the shareholders' meeting[15] Return on Equity - The weighted average return on equity decreased to 0.44% from 0.63% year-on-year[6]

Financial Performance - The company's operating revenue for 2021 was ¥774,822,742.86, a decrease of 4.84% compared to ¥814,256,428.06 in 2020[18]. - The net profit attributable to shareholders for 2021 was ¥80,094,651.39, down 10.91% from ¥89,902,304.95 in 2020[18]. - The net cash flow from operating activities was negative at ¥-146,907,460.28, a decline of 380.54% compared to ¥52,366,425.15 in 2020[18]. - Basic earnings per share for 2021 were ¥0.114, a decrease of 10.94% from ¥0.128 in 2020[18]. - The weighted average return on equity was 7.11% in 2021, down from 8.37% in 2020[18]. - The company's total revenue for 2021 was approximately CNY 774.82 million, a decrease of 5.45% compared to the previous year[43]. - Net profit attributable to shareholders was ¥80,094,651.39, down 10.91% year-on-year[40]. - The engineering construction business accounted for 89.61% of total revenue, remaining the primary source of income[40]. Cash Flow and Assets - The total assets at the end of 2021 were ¥2,418,309,898.45, representing a 9.41% increase from ¥2,210,325,497.73 at the end of 2020[19]. - The net cash flow from operating activities dropped by 380.54%, from 52,366,425.15 CNY in 2020 to -146,907,460.28 CNY in 2021, primarily due to slow project payment collections impacted by the pandemic[60]. - Total cash inflow from operating activities decreased by 16.38%, from 729,148,261.42 CNY in 2020 to 609,686,447.52 CNY in 2021[59]. - Total cash outflow from operating activities increased by 11.79%, from 676,781,836.27 CNY in 2020 to 756,593,907.80 CNY in 2021[59]. - Accounts receivable increased by 4.29% from 355,690,347.42 CNY in early 2021 to 491,179,706.39 CNY at year-end, attributed to delayed project payments due to the pandemic[63]. - Contract assets rose to 1,065,146,401.08 CNY, accounting for 44.05% of total assets, up from 43.35% at the beginning of the year[63]. Government Support and Market Trends - The company received government subsidies amounting to 15,176,935.00 CNY in 2021, an increase from 9,647,697.67 CNY in 2020[24]. - The urban landscaping industry in China saw an investment increase from 823.92 billion CNY in 2008 to 2,194.53 billion CNY in 2020, a growth of 166.35%[28]. - The urbanization rate in China reached 63.89% in 2020, with projections to reach around 70% by 2030, indicating a growing market for landscaping services[29]. - The company is positioned to benefit from national policies supporting urban greening, with urban green coverage increasing from 23.9% in 1995 to 42.10% in 2020[29]. Business Operations and Strategy - The company has established seedling bases in Zhejiang, Hubei, and Jiangxi, enhancing self-sufficiency in seedlings and reducing external procurement pressure[39]. - The company holds multiple first-class qualifications, including Grade A for landscape engineering design and Grade 1 for municipal public engineering construction, ensuring competitive advantages in project bidding[37]. - The company has a professional team with 46 senior technical personnel and 26 first-class registered builders, contributing to its competitive edge in large-scale projects[38]. - The company’s integrated business model combines landscape engineering construction, design, and seedling cultivation, enhancing operational efficiency and project quality[38]. - The company has won multiple awards, including the China Construction Engineering Luban Award, highlighting its reputation and project quality in the industry[34]. Risks and Challenges - The company has faced uncertainties regarding its ability to continue as a going concern, as indicated in the audit report[19]. - The company faces market competition risks due to low industry entry barriers and numerous competitors, which may impact its market position if core competitiveness is not maintained[82]. - The ongoing COVID-19 pandemic has significantly impacted the company's project receivables, leading to potential risks of delayed payments and inventory impairment[85]. - Rising human resource costs are a significant risk, driven by increasing living standards and competition for skilled labor in the industry[85]. Governance and Management - The company has established a transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with relevant regulations[92]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finances, ensuring autonomous operational capabilities[93]. - The company has a total of 8 directors, with 5 being independent directors, ensuring compliance with governance standards[96]. - The company has a clear succession plan in place, as evidenced by the recent appointments and elections within the board[98]. Shareholder and Dividend Information - The company reported a net profit available for distribution to shareholders of CNY 52,054,113.89, with a cash dividend distribution plan of CNY 0.70 per 10 shares[125]. - The total cash dividend amount is CNY 49,000,000, which represents 100% of the profit distribution total[125]. - The company's undistributed profits as of December 31, 2021, amounted to CNY 636,910,717.79[126]. - The cash dividend distribution is in compliance with the company's profit distribution policy, ensuring normal operations and long-term development[126]. Internal Control and Compliance - The internal control system has been established and effectively executed, with no major defects reported during the period[129]. - The company has maintained effective internal control over financial reporting as of December 31, 2021, with no significant deficiencies reported[135]. - The company has not faced any penalties from regulatory authorities in the past three years, indicating compliance and good governance practices[107]. Future Outlook - The company plans to enhance cost control and project settlement efforts to maintain stable profits amid rising material costs in landscape engineering[81]. - The company aims to become a comprehensive modern ecological enterprise with core competitiveness in technology innovation, brand value, and management optimization by focusing on landscape gardening, water ecology, and soil restoration[81]. - The company plans to enhance its digital marketing strategy, aiming for a 30% increase in online engagement[102].