证券代码：002053 证券简称：云南能投 云南能源投资股份有限公司投资者关系活动记录表 编号：2017-006 | --- | --- | --- | |----------------|----------------------------|--------------------------------------------------| | | | | | 投资者关系活动 | √ | 特定对象调研 □分析师会议 | | 类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 | 上海混沌道然资产：林世洪 | | | 人员姓名 | | | | 时间 | 2017 年 11 月 1 | 日 10：00-11 ： 00 | | 地点 | 公司四楼会议室 | | | 上市公司接待人 | 董事会秘书、财务总监李政良 | | | 员姓名 | 证券事务代表刘益汉 | | | 投资者关系活动 | 问 1 | ：前三季度省内食盐的销量情况？ | | 主要内容介绍 | | 答：前三 ...

证券代码：002053 证券简称：云南能投 云南能源投资股份有限公司投资者关系活动记录表 编号：2021-002 | --- | --- | --- | |-----------------------------|------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：002053 证券简称：云南能投 云南能源投资股份有限公司投资者关系活动记录表 编号：2022-003 | --- | --- | --- | |-------------------------|-------------------------------------------------------------|--------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | ☑ 特定对象调研 | 分析师会议 | | 类别 | 媒体采访 | □业绩说明会 | | | 新闻发布会 | 路演活动 | | | 现场参观 | | | | 其他 | | | 参与单位名称及 人员姓名 | | 深圳高申资产管理有限公司：聂宇轩 黄永思 | | | | | | 时间 | 2022 年 5 月 27 日 | 15：00-16：30 | | 地点 | 电话会议 | | | 上市公司接待人 员姓名 | 董事会秘书、副总经理：李政良 ...

证券代码：002053 证券简称：云南能投 云南能源投资股份有限公司投资者关系活动记录表 编号：2022-005 | --- | --- | --- | --- | --- | --- | --- | --- | |----------------|---------------------------------|----------------------------------------------------------|--------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | 投资者关系活动 | □特定对象调研 | □ | 分析师会议 | | | | | | 类别 | □ 媒体采访 | | □业绩说明会 | | | | | | | □ 新闻发布会 | □ 路演活动 | | | | | | | | □ 现场参观 | | | | | | | | 参与单位名称及 | 其他（电话会议） 安信证券：周喆 | 朱昕怡 | | | | | | | 人员姓名 | 国寿养老：洪奕 ...

证券代码：002053 证券简称：云南能投 云南能源投资股份有限公司投资者关系活动记录表 编号：2022-004 | --- | --- | --- | --- | --- | |-----------------------|-----------------------------------------------------------|---------------|----------------------------------------|----------------------------------------------------------| | | | | | | | 投资者关系活动 | □特定对象调研 | 分析师会议 | □ | | | 类别 | □ 媒体采访 | □业绩说明会 | | | | | □ 新闻发布会 □ | 路演活动 | | | | | □ 现场参观 | | | | | | 其他（电话会议） | | | | | 参与单位名称及 | 安信证券：周喆 | | 朱昕怡 | | | 人员姓名 | 泰康资产：万晨洁 | | 候星辰 | | | 时间 | 2022 年 1 ...

Financial Performance - In Q3 2022, the company achieved operating revenue of CNY 542.08 million, an increase of 11.66% compared to the same period last year[12]. - The net profit attributable to shareholders was CNY 28.82 million, a turnaround from a loss of CNY 11.07 million in the previous year, representing a growth of 356.36%[12]. - For the first three quarters of 2022, the company reported operating revenue of CNY 1,767.32 million, up 13.79% year-on-year[12]. - The net profit attributable to shareholders for the first three quarters was CNY 205.13 million, reflecting a 75.91% increase from the previous year[12]. - The company's total revenue for the third quarter of 2022 was CNY 1.77 billion, compared to CNY 1.55 billion in the same period last year, reflecting a year-over-year increase of about 13.8%[41]. - The total operating costs for the third quarter of 2022 amounted to CNY 1.57 billion, up from CNY 1.42 billion in the previous year, indicating an increase of approximately 10.6%[41]. - The net profit attributable to shareholders of the parent company was ¥205,127,940.49, compared to ¥116,609,305.19 in the same period last year, representing an increase of about 75.8%[47]. - Operating profit for the period was ¥240,284,800.61, up from ¥166,294,789.54, indicating a growth of approximately 44.4%[46]. Cash Flow and Liquidity - The cash flow from operating activities for the first three quarters was CNY 610.58 million, a significant increase of 159.13% compared to the same period last year[12]. - The company's cash and cash equivalents increased by 128.09% to ¥2,614,053,164.53, primarily due to funds raised from a private placement of shares during the reporting period[16]. - The net cash flow from operating activities surged by 159.13% to ¥610,584,310.11, driven by renewable energy subsidies and improved sales collections in the salt segment[19]. - The company reported a net cash inflow from other operating activities of ¥84,908,506.01, compared to ¥108,930,926.42 in the previous period, a decrease of about 22.1%[48]. - Net cash flow from operating activities amounted to ¥610,584,310.11, a significant increase from ¥235,624,334.57 in the previous period, representing a growth of approximately 159%[51]. - The net increase in cash and cash equivalents was ¥1,460,993,336.13, contrasting with a decrease of ¥833,433,841.85 in the prior period[51]. - The ending balance of cash and cash equivalents stood at ¥2,606,212,429.00, a significant rise from ¥546,377,139.85 at the end of the previous period[51]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12.23 billion, a 24.48% increase from the previous year[7]. - The company's total liabilities decreased significantly, with accounts receivable notes down by 54.60% to ¥27,437,391.00, reflecting a strategy to accelerate capital turnover[16]. - The company's total liabilities as of September 30, 2022, were CNY 4.58 billion, an increase from CNY 4.20 billion at the beginning of the year, reflecting a rise of about 8.6%[41]. - The company's equity attributable to shareholders reached CNY 6.46 billion as of September 30, 2022, compared to CNY 4.41 billion at the beginning of the year, indicating an increase of approximately 46.4%[41]. - The company's long-term borrowings increased to CNY 2.89 billion as of September 30, 2022, compared to CNY 2.47 billion at the beginning of the year, representing a growth of approximately 16.9%[41]. Segment Performance - The salt industry segment saw a profit increase of 355.73% due to optimized marketing strategies and product structure adjustments[15]. - The natural gas segment faced challenges due to insufficient market development and high costs, leading to operational losses[15]. - The wind power segment experienced a decline in profitability due to lower average wind speeds and reduced electricity sales[15]. - The company reported that the key driver for growth in the first three quarters of 2022 was the salt industry, with price increases starting in Q4 2021[28]. Shareholder and Capital Activities - The company completed a private placement of A-shares, raising a total of RMB 1,865,890,488.64, with a net amount of RMB 1,856,671,722.66 after deducting related expenses[29]. - The actual number of shares issued in the private placement was 159,750,898 shares, priced at RMB 11.68 per share[29]. - The capital reserve increased by 81.32% to ¥3,783,519,874.44, mainly due to the confirmation of capital reserves from the private placement of shares[16]. - The company’s major shareholders include Yunnan Energy Investment Group Co., Ltd., holding 31.11% of shares, and Yunnan Energy Investment New Energy Development Co., Ltd., holding 22.01%[20]. - The company’s stock from major shareholders will be locked for 18 months post-listing, while other investors will have a 6-month lock-up period[29]. Regulatory and Operational Updates - The company has not completed the land requisition for its production base due to local planning changes, with a remaining prepaid land amount of ¥52,189,200[24]. - The company established a wholly-owned subsidiary, Huanning Yunneng Investment New Energy Development Co., Ltd., to expand its business operations[29]. - The company completed the registration changes for its business scope and registered capital on October 25, 2022[29]. - The company plans to strictly adhere to legal regulations for timely information disclosure, highlighting the uncertainties in its performance outlook for 2022[28]. - The company is facing uncertainties in its performance growth due to market conditions in the salt and natural gas sectors[28].

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[18] - The net profit attributable to shareholders was RMB 300 million, up 20% compared to the same period last year[18] - The company's operating revenue for the reporting period was ¥1,225,238,342.49, representing a 14.76% increase compared to the previous year's adjusted revenue of ¥1,067,627,816.17[26] - The net profit attributable to shareholders was ¥176,306,070.87, marking a 37.90% increase from the previous year's adjusted net profit of ¥127,852,182.71[26] - The net cash flow from operating activities reached ¥362,468,362.17, a significant increase of 239.03% compared to the previous year's adjusted cash flow of ¥106,912,400.31[26] - The total profit reached 21,018.70 CNY, reflecting a year-on-year growth of 20.93%[96] - The company’s cash flow from operating activities saw a remarkable increase of 239.03%, totaling 362,468,362.17 CNY[96] - The company’s total operating costs increased by 12.97% to CNY 103,514,132.38, compared to CNY 91,632,562.92 in the previous year[102] Market Expansion and Strategy - The company plans to expand its market presence by increasing its renewable energy projects, targeting a 25% growth in capacity by the end of 2023[18] - Future guidance indicates a projected revenue growth of 10% for the second half of 2022, driven by increased demand in the energy sector[18] - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its portfolio[18] - The company aims to achieve an additional 50 million kW of new energy installed capacity over the next three years, focusing on solar power project development and construction[57] - The company plans to ensure a green energy installed capacity of 5.13 million kW by the end of the 14th Five-Year Plan, with 2.59 million kW from wind power and 2.54 million kW from solar power[60] - The company plans to continue expanding its wind power projects and enhance its investment in renewable energy technologies[99] Research and Development - The company has invested RMB 200 million in R&D for new energy technologies, aiming to launch two new products by the end of 2022[18] - The company’s research and development investment decreased by 23.09% to 1,020,284.70 CNY compared to the previous year[96] - The company has established several technology innovation platforms, including a provincial-level enterprise technology center and an academician expert workstation[64] Renewable Energy Initiatives - The renewable energy sector in China saw a 15.9% year-on-year increase in investment in major energy projects during the first half of 2022[36] - The installed capacity of renewable energy generation in China reached 1.118 billion kilowatts by the end of June 2022, with hydropower, wind power, and solar power contributing significantly to this growth[36] - The company is actively integrating provincial natural gas networks into the national pipeline network, enhancing the efficiency of gas transportation across regions[44] - The company is committed to expanding its renewable energy reserves, ensuring that several photovoltaic projects are ready for construction within the year[146] Operational Challenges and Risks - Risks identified include rising raw material prices and market competition, which could impact future profitability[6] - The company faces risks from rising raw material prices, industry fluctuations, and competition in the electricity market, which may impact operational performance[145] - The wind speed decreased by approximately 4% year-on-year, leading to a reduction in power generation and operational efficiency in the wind power segment[145] Environmental and Social Responsibility - The company has implemented strict compliance with environmental regulations, with no reported violations during the reporting period[174] - The company has committed to avoiding competition with Yunnan Salt Chemical and has adhered to this commitment since September 11, 2014, ensuring no substantial competition arises between the two entities[181] - The company has undertaken measures to support poverty alleviation and rural revitalization, including sending team members to assist in local development projects[177] - The company allocated a total of 18,400 yuan for the construction of two connecting roads in the village, which has been completed and is now in use, improving villagers' access and enhancing their quality of life[177] Subsidiary Performance - Yunnan Energy Investment Co., Ltd. reported a total revenue of CNY 669.69 million for the reporting period, with a net profit attributable to the parent company of CNY 112.48 million[138] - The subsidiary Dayaoyun Energy Development Co., Ltd. achieved a revenue of CNY 66.81 million and a net profit of CNY 33.46 million, with a total installed capacity of 88 MW in its wind power projects[138] - Yunnan Salt Industry Co., Ltd. generated a net profit of CNY 112,480,167.23, contributing significantly to the company's overall profitability[131] - Yunnan Natural Gas Co., Ltd. reported a net loss of CNY 34,376,127.18, impacting the company's financial performance[131] Compliance and Governance - The company has committed to providing accurate and complete information regarding the major asset restructuring, ensuring no false records or misleading statements[186] - The company will ensure that all documents provided during the restructuring are consistent with original documents and that signatories are authorized[186] - Yunnan Energy Investment Group has committed to compensating Yunnan Salt Chemical for any losses incurred due to violations of its commitments[198]

Financial Performance - The company's operating revenue for Q1 2022 was ¥623,238,610.52, an increase of 13.21% compared to ¥550,518,645.98 in the same period last year[4] - Net profit attributable to shareholders was ¥128,586,884.78, representing a growth of 37.35% from ¥93,622,616.26 in the previous year[4] - Basic earnings per share were ¥0.1690, up 37.40% from ¥0.1230 in the previous year[4] - The net profit for the current period is 133,611,373.62, an increase from 97,356,963.20 in the previous period, representing a growth of approximately 37.2%[34] - The total comprehensive income attributable to the parent company's owners is 128,586,884.78, compared to 93,622,616.26 in the previous period, representing an increase of about 37.4%[34] - The total operating profit for the current period is 159,369,952.74, up from 117,750,299.71 in the previous period, which is an increase of approximately 35.4%[34] Cash Flow - The net cash flow from operating activities reached ¥64,688,128.74, a significant increase of 272.35% compared to ¥17,372,889.90 in the same period last year[4] - Cash flow from operating activities for the current period is 64,688,128.74, significantly up from 17,372,889.90 in the previous period, marking a growth of approximately 272.5%[38] - The total cash inflow from investment activities is 591,714,914.59, down from 661,955,138.90 in the previous period, reflecting a decrease of about 10.6%[41] - The net cash flow from investment activities is -629,357,415.05, an improvement from -780,289,412.74 in the previous period, indicating a reduction in cash outflow by approximately 19.3%[41] - The total cash and cash equivalents at the end of the period is 609,794,350.27, down from 683,606,351.22 in the previous period, reflecting a decrease of about 10.8%[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,996,318,316.25, reflecting a 1.73% increase from ¥9,826,381,887.86 at the end of the previous year[6] - Total liabilities rose to CNY 4,236,648,851.96 from CNY 4,201,585,573.42, an increase of 0.8%[28] - Current assets totaled CNY 2,772,310,813.48, up from CNY 2,610,141,941.48, indicating a growth of 6.2%[28] - Non-current assets slightly increased to CNY 7,224,007,502.77 from CNY 7,216,239,946.38, showing a marginal growth of 0.1%[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 51,699[12] - Yunnan Energy Investment Group Co., Ltd. holds 31.63% of shares, totaling 240,735,345 shares[12] - Yunnan Energy Investment New Energy Investment Development Co., Ltd. holds 26.63% of shares, totaling 202,649,230 shares, with 81,050,000 shares pledged[12] - Yuntianhua Group Co., Ltd. holds 19.67% of shares, totaling 149,654,728 shares[12] Government Subsidies and Expenses - The company received government subsidies related to food salt reserves amounting to ¥10,878,376.23 during the reporting period[7] - The company reported a significant increase in management expenses by 34.65% to ¥66,491,137.59, primarily due to performance bonuses linked to sales volume[11] - The company’s investment income decreased by 34.98% to ¥4,961,269.80, attributed to reduced returns from financial products[11] - The company reported other income of CNY 13,162,155.73, significantly higher than CNY 5,363,177.18 in the previous period, marking an increase of 145.7%[31] Inventory and Accounts Receivable - Inventory increased to CNY 101,135,449.24 from CNY 87,029,883.37, reflecting a growth of 16.2%[28] - Accounts receivable increased from RMB 1,060.52 million to RMB 1,208.86 million during the reporting period[22] Projects and Investments - The company disclosed the commencement of construction for the Tongquan Wind Power Project by its wholly-owned subsidiary on March 11, 2022[20] - The company signed an investment development agreement for a photovoltaic project with the Huaining County government on January 12, 2022[20] - The company launched new products through its wholly-owned subsidiary, Yunnan Salt Industry Co., Ltd., on March 7, 2022[20] - The company announced a non-public stock issuance plan, which was approved by the board and shareholders, pending approval from the China Securities Regulatory Commission[20] Land Requisition Issues - The total amount of prepaid land fees related to land requisition is 52.1892 million RMB[16] - The company continues to communicate with local government to resolve land requisition issues[16] - The company has not completed the land requisition due to changes in local construction planning[16] Debt and Financial Assistance - The company provided a entrusted loan of RMB 1.47 million to Tianmeng Company to alleviate its financial pressure, with the loan period from 2013 to November 24, 2015, and no interest charged[18] - As of the report date, Tianmeng Company has been unable to repay the entrusted loan due to severe financial difficulties, with its salt production facility in Laos remaining idle due to intense market competition[18] - The company is actively pursuing debt-to-equity swaps, asset restructuring, and other solutions with Tianmeng Company's stakeholders, but has not reached an agreement[18] Research and Development - Research and development expenses were CNY 585,798.38, down from CNY 822,742.17, indicating a decrease of 28.8%[31] Audit Status - The company has not undergone an audit for the first quarter report[42]

Financial Performance - The company reported a total share capital of 760,978,566, with a cash dividend of 0.20 RMB per 10 shares (including tax) and no bonus shares issued[6]. - The company's operating revenue for 2021 was CNY 2,258,831,334.92, representing a 13.49% increase compared to CNY 1,990,278,508.36 in 2020[25]. - The net profit attributable to shareholders for 2021 was CNY 251,728,867.77, an increase of 8.71% from CNY 231,558,396.73 in 2020[25]. - The basic earnings per share for 2021 was CNY 0.3308, reflecting an 8.71% increase from CNY 0.3043 in 2020[26]. - The total assets at the end of 2021 amounted to CNY 9,831,039,393.36, a 2.92% increase from CNY 9,552,190,267.85 at the end of 2020[26]. - The net assets attributable to shareholders at the end of 2021 were CNY 4,415,014,989.53, up 6.07% from CNY 4,162,424,129.11 at the end of 2020[26]. - The company reported a net cash flow from operating activities of CNY 556,937,222.28 for 2021, showing a 1.35% increase from CNY 549,505,580.23 in 2020[26]. - The company achieved a total operating revenue of CNY 2,258,831,334.92, an increase of 13.49% compared to the previous year[82]. - The company's profit attributable to shareholders reached CNY 25,172.89 million, reflecting an 8.71% increase year-on-year[81]. - The total revenue for 2021 reached CNY 1,920,693,160.45, representing a year-on-year increase of 12.45%[86]. Business Strategy and Development - The company plans to expand its clean energy business, which has been enhanced by the acquisition of assets in the new energy sector[23]. - The company has maintained its dual main business model of salt and natural gas since 2016, with ongoing developments in the natural gas sector[23]. - The company is focusing on renewable energy projects, particularly wind power, to capitalize on the historical opportunity presented by the national "carbon peak and carbon neutrality" strategy[41]. - The company plans to significantly increase its wind power capacity by 437.84% with the addition of four new wind power projects totaling 1,620 MW[41]. - The company is actively pursuing a strategy of "operating a batch, developing a batch, and reserving a batch" in its renewable energy projects[65]. - The company plans to significantly increase its installed capacity by focusing on wind and solar energy projects, with a total planned capacity of 1,570 MW for three wind farms approved by the Yunnan Provincial Development and Reform Commission[55]. - The company aims to achieve a total investment of approximately 6.137 billion CNY in 2022[142]. - By the end of the "14th Five-Year Plan" (2025), the company targets total assets exceeding 35 billion CNY and operating revenue reaching 4.7 billion CNY[141]. - The company plans to sell 1.65 million tons of salt products and 2.45572 billion standard cubic meters of natural gas in 2022[142]. Risk Management - The company emphasizes the importance of risk awareness regarding macroeconomic fluctuations, industry policy risks, market competition risks, and project construction risks[6]. - The company's future plans and forecasts are subject to risks and should be approached with caution by investors[5]. - The company faces risks from macroeconomic fluctuations, which could impact demand in the salt, natural gas, and electricity sectors[143]. - The company anticipates a 26% increase in coal procurement costs and a 35.88% rise in the price of purchased soda ash, affecting production costs[149]. Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by the board of directors and senior management[4]. - The company has established a comprehensive risk management system to enhance its operational efficiency and control over product inventory and energy consumption[74]. - The company has implemented a robust internal management and control system to ensure effective operation and compliance with laws[173]. - The company maintains an independent business structure with a complete supply and sales system, ensuring no reliance on shareholders or related parties[171]. - The company has established a performance evaluation and incentive mechanism linking senior management compensation to company performance and individual achievements[170]. - The company has three independent directors, ensuring compliance with legal and regulatory requirements for board composition[170]. - The company conducts regular communication with regulatory bodies to ensure compliance and proper reporting of relevant matters[170]. Environmental and Social Responsibility - The company has a commitment to environmental and social responsibility, as outlined in its annual report[19]. - The company has developed a range of natural, pollution-free salt products, enhancing its market position and contributing to economic, social, and ecological benefits in Yunnan Province[41]. - The company is actively promoting a transition towards low-carbon and market-oriented development, focusing on large-scale and intensive transformation in the new energy sector[150]. Market and Product Development - The company has established several technological and research advantages, including a provincial-level enterprise technology center and a high-tech enterprise certification[57]. - The company is developing new functional salt products aimed at reducing sugar and fat content, utilizing white kidney bean extracts[102]. - The company is focusing on the development of new technologies and products to enhance operational efficiency and sustainability[192]. - The company has successfully reduced operational costs by 5%, improving overall profit margins[200]. Stakeholder Engagement - The company has a dedicated investor relations team, including a board secretary and a securities affairs representative, to facilitate communication with stakeholders[21]. - The company actively engages with stakeholders, respecting the rights of creditors, employees, and consumers, and emphasizes social responsibility[170]. Subsidiaries and Investments - The company established a wholly-owned subsidiary for the investment and construction of the Yongning Wind Power Project in October 2021[94]. - The company’s subsidiary, Yunnan Natural Gas Co., Ltd., generated a net profit of ¥7,395,356.51, contributing significantly to the overall financial performance[131]. - The company’s subsidiary, Yunnan Salt Industry Co., Ltd., reported a net profit of ¥104,244,976.13, reflecting strong operational performance in the salt production sector[131]. - The company invested CNY 51.91 million in Guangdong Guangyan Group Co., Ltd., acquiring a 14.97% stake, which generated a net profit of CNY 96.10 million[138]. Leadership and Management Changes - The company reported significant management changes, including the resignation of Vice General Managers Yang Jian and Li Chunming on September 7, 2021[184]. - The company appointed Yang Jianjun as the new General Manager on March 19, 2021, following the resignation of previous management[184]. - The company announced the election of new board members, including Zhou Manfu as Chairman and Li Qinghua as a non-independent director on April 7, 2021[185]. - The company has undergone a significant leadership transition, with a new board and management team in place to drive future growth[184].

Financial Performance - The company's operating revenue for Q3 2021 was ¥479,942,892.29, an increase of 30.57% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was -¥11,068,462.43, a decrease in loss of 20.92% year-on-year[4] - The cumulative operating revenue from January to September 2021 reached ¥1,537,862,124.52, reflecting an 11.25% increase year-on-year[4] - The cumulative net profit attributable to shareholders from January to September 2021 was ¥116,901,602.71, a decrease of 32.37% compared to the same period last year[4] - Total profit decreased by 30.11% from CNY 235,081,410.86 to CNY 164,309,710.64, primarily due to rising procurement prices of raw coal and natural gas[11] - Net profit decreased by 33.86% from CNY 191,673,355.33 to CNY 126,773,816.57, attributed to increased costs and expected credit losses on clean energy price subsidies[11] - The total revenue for the third quarter of 2021 reached ¥1,537,862,124.52, an increase of 11.3% compared to ¥1,382,398,617.26 in the same period last year[43] - The operating profit for the current period is CNY 166,884,858.55, down from CNY 236,461,754.05, reflecting a decline of 29.4%[50] - The total comprehensive income attributable to the parent company's owners is CNY 116,901,602.71, a decrease of 32.5% from CNY 172,848,884.74[50] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥9,746,622,030.81, representing a 2.04% increase from the end of the previous year[6] - The company's total assets as of September 30, 2021, amounted to ¥9,746,622,030.81, compared to ¥9,552,190,267.85 at the end of 2020, indicating a growth of 2.0%[38] - The company's total liabilities were ¥4,256,546,922.27, compared to ¥4,179,720,375.40, marking an increase of 1.8%[42] - The equity attributable to shareholders of the parent company rose to ¥4,280,303,381.07 from ¥4,162,424,129.11, reflecting a growth of 2.8%[42] - Current assets totaled ¥2,664,019,784.01, slightly up from ¥2,634,179,485.57, showing an increase of 1.1%[38] - Non-current assets increased to ¥7,082,602,246.80 from ¥6,918,010,782.28, representing a growth of 2.4%[38] Cash Flow - The company reported a net cash flow from operating activities of ¥238,238,495.20, which decreased by 6.40% year-on-year[4] - The cash flow from operating activities netted CNY 238,238,495.20, a decrease of 6.4% compared to CNY 254,523,038.36 in the previous period[53] - The net cash flow from investing activities improved by 37.97% from CNY -1,604,886,733.97 to CNY -995,488,589.00, mainly due to reduced payments for short-term bank financial products[14] - Cash inflow from financing activities totaled $813.58 million, an increase from $786.99 million year-over-year[57] - Cash outflow from financing activities amounted to $889.76 million, compared to $535.79 million in the previous year[57] - Net cash flow from financing activities was negative at -$76.18 million, a significant decrease from $251.20 million in the prior year[57] - The ending balance of cash and cash equivalents was $546.38 million, down from $560.88 million year-over-year[57] - Cash and cash equivalents decreased by 60.36% from CNY 1,380,322,983.32 to CNY 547,216,564.24 due to increased bank financial product purchases and engineering expenditures[11] Operational Challenges and Strategies - The main reason for the loss is the low wind power generation during the small wind season in Yunnan Province from June to October, leading to decreased operating revenue, although the company has actively promoted salt and natural gas products to reduce losses year-on-year[11] - The company aims to strengthen sales of small bagged salt and industrial salt, enhance pricing power, and control costs in the salt segment, while also ensuring stable and efficient operation of wind turbines during the favorable wind season[11] - The company plans to leverage market opportunities in the fourth quarter to achieve annual operational goals through various strategies[11] Research and Development - Research and development expenses decreased by 64.97% from CNY 6,961,505.64 to CNY 2,438,492.18, with plans for increased investment in the fourth quarter[11] - Research and development expenses decreased to CNY 2,438,492.18 from CNY 6,961,505.64, a reduction of 65%[50] Corporate Governance and Changes - The company's board of directors underwent significant changes, with the resignation of the chairman and other key executives, and new appointments were made[25] - The company’s board of directors approved the election of new supervisory board members on April 28, 2021[30] - The company’s legal representative was changed from Mr. Xie Yihua to Mr. Zhou Manfu on April 8, 2021[30] Government Support and Compliance - The company received government subsidies, leading to an 83.92% increase in deferred income from CNY 53,683,935.59 to CNY 98,734,896.50[11] - An administrative penalty of 130,000 RMB was imposed on Yunnan Salt Industry Co., Ltd. for environmental violations, which has been rectified and paid[30] - The company received government subsidies for Yuxi Energy Investment Natural Gas Industry Development Co., Ltd. on June 17, 2021, and for Qujing Energy Investment Natural Gas Industry Development Co., Ltd. on July 14, 2021[30] Asset Management - The company has a prepayment balance of RMB 52.19 million for land acquisition that remains unresolved due to local planning changes[22] - The company provided a trust loan of RMB 1.47 million to its associate Tianmeng Company, which has not been repaid due to the company's financial difficulties[22] Future Projects - The company is actively conducting feasibility studies for new wind power projects, including Yongning Wind Farm and Jinzhong Wind Farm[30] - The company plans to expand its wind power project portfolio with the approval of the Tongquan Wind Power Plant project on July 13, 2021[30] Compliance and Reporting - The third quarter report of Yunnan Energy Investment Co., Ltd. has not been audited[68] - The board of directors released the third quarter report on October 29, 2021[68] - The company has implemented new leasing standards starting from 2021, with retrospective adjustments to prior comparative data[68]