Financial Performance - The company's operating revenue for 2021 was CNY 1,594,291,741.03, representing a 40.40% increase compared to CNY 1,135,524,875.03 in 2020[19]. - The net profit attributable to shareholders in 2021 was CNY 89,191,029.93, a significant turnaround from a loss of CNY 178,420,830.75 in 2020, marking a 149.99% improvement[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 50,438,504.64, compared to a loss of CNY 213,413,946.17 in 2020, reflecting a 123.63% increase[19]. - Basic and diluted earnings per share were both ¥0.07, a significant improvement of 141.18% from a loss of ¥0.17 per share in the previous year[20]. - The weighted average return on equity was 3.95%, up from -10.52% in the previous year, indicating a recovery in profitability[20]. - The company reported a total revenue of ¥1,594,291,741.03 for the year, with quarterly revenues showing a strong upward trend in Q4[24]. - The net profit attributable to shareholders for Q4 was a loss of ¥22,857,332.04, contrasting with profits in the earlier quarters, indicating volatility in earnings[24]. - The company reported a significant increase of 39.30% in costs related to oil and gas engineering and services expenses[67]. - The company’s net profit attributable to shareholders for 2021 was CNY 89,191,029.93, with undistributed profits at year-end amounting to CNY 102,103,390.80[179]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.07 per 10 shares to all shareholders, based on a total of 1,346,857,772 shares[4]. - The company plans to distribute a cash dividend of CNY 9,428,004.40, which corresponds to CNY 0.07 per 10 shares, with no stock dividends or capital reserve transfers[177][179]. - The proposed dividend of 0.5 RMB per share reflects a 10% increase from the previous year[155]. Revenue Segments - The oil and gas engineering and service segment generated revenue of CNY 1,079.21 million, up 60.12%, accounting for 67.69% of total revenue[52]. - The overseas revenue surged to CNY 687.70 million, reflecting a remarkable growth of 118.60% year-on-year[57]. - The environmental engineering and service segment saw a decline in revenue to CNY 77.79 million, down 23.19% due to project disruptions from local pandemic outbreaks[53]. - The oil and gas resource development and utilization segment reported revenue of CNY 437.29 million, a year-on-year increase of 21.39%[54]. Risks and Challenges - The company faces risks related to reliance on the oil industry and fluctuations in oil prices, as well as potential impacts from the COVID-19 pandemic[4]. - The company's future outlook includes potential risks from policy changes in the oil and gas industry and reliance on major clients[4]. - The company is increasing its overseas market expansion, which brings risks associated with political instability and regulatory changes in regions like the Middle East[107]. - The ongoing global pandemic poses risks to the company's overseas operations, and it is implementing measures to minimize the impact on its business[112]. Strategic Focus and Development - The company is positioned to benefit from the recovery in the oil and gas industry, with global oil prices rising approximately 50% year-to-date[31]. - The establishment of the national oil and gas pipeline group is expected to drive significant growth in the pipeline industry, with a projected market capacity of ¥16,835 billion during the 14th Five-Year Plan[33]. - The company's strategic focus on green and low-carbon development aligns with national goals, presenting new market opportunities in energy technology and clean energy sectors[32]. - The company has expanded its environmental engineering services, including oil and gas pollution treatment and municipal wastewater management, contributing to its strategic transformation[36]. - The company has established a carbon neutrality division to enhance its capabilities in carbon-neutral technologies and business areas[41]. Research and Development - R&D investment amounted to ¥60,594,007.61 in 2021, an increase of 11.14% compared to ¥54,519,570.58 in 2020, but the R&D investment as a percentage of operating revenue decreased from 4.80% to 3.80%[74]. - The number of R&D personnel decreased by 17.30% from 237 in 2020 to 196 in 2021, with the proportion of R&D personnel in total employees dropping from 19.68% to 15.11%[74]. - The company completed several R&D projects, including a digital delivery system and CO2 capture technology, aimed at enhancing competitiveness in the oil and gas sector[73]. Corporate Governance - The company has established a governance structure in compliance with relevant laws and regulations, enhancing information disclosure and internal control systems[116]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[117]. - The supervisory board, comprising 3 members, is responsible for overseeing the legality and compliance of the actions of directors and senior management[119]. - The company has implemented a transparent performance evaluation and incentive mechanism, linking executive compensation to company performance[120]. - The company maintains an independent financial accounting system and management practices, ensuring no interference from the controlling shareholder[130]. Employee and Operational Insights - The total number of employees at the end of the reporting period was 1,297, with 588 being technical personnel[173]. - The company has a training plan to enhance employee skills and management levels, continuing to improve its talent cultivation mechanism in 2022[176]. - The company focuses on employee welfare, providing health checks and promoting a positive work environment[200]. Environmental Initiatives - The company has constructed a 150m³ wastewater collection pool, which is now in use, employing C25 concrete with a permeability coefficient of 10^-7 cm/s[191]. - The company has established an environmental monitoring plan that includes annual monitoring of groundwater and quarterly monitoring of waste gas and noise[196]. - The company has not reported any pollution discharge during the reporting period due to the non-operation of the oily sludge treatment project[198].

Financial Performance - The company's operating revenue for 2021 was ¥1,594,291,741.03, representing a 40.40% increase compared to ¥1,135,524,875.03 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥89,191,029.93, a significant recovery from a loss of ¥178,420,830.75 in 2020, marking a 149.99% improvement[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,438,504.64, up 123.63% from a loss of ¥213,413,946.17 in the previous year[20] - Basic and diluted earnings per share for 2021 were both ¥0.07, a significant improvement of 141.18% from a loss of ¥0.17 per share in 2020[21] - The weighted average return on equity increased to 3.95% in 2021 from -10.52% in 2020, marking a recovery of 14.47%[21] - The net cash flow from operating activities for the year 2021 was ¥223,827,391.43, an increase of 253.64% compared to a net cash outflow of ¥145,682,759.65 in 2020[21] - The total sales revenue for the reporting period reached 1,108,026,601.72 CNY, representing a year-on-year increase of 21.77%[68] - The company reported a total revenue of 74,347.8 million in 2021, with a significant increase compared to the previous year[140] - The net profit for the year was 15,725.0 million, reflecting a decrease of 1,740.0 million from the previous year[140] Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.07 per 10 shares to all shareholders, based on a total of 1,346,857,772 shares[4] - The company plans to distribute a cash dividend of 9,428,004.40 yuan, which corresponds to 0.07 yuan per 10 shares[179] - The unallocated profit at the end of 2021 was 102,103,390.80 yuan, which is the maximum amount available for distribution to shareholders[181] - The company completed the repurchase and cancellation of 23,736,000 shares under its equity incentive plan[182] Business Operations and Strategy - The company has not reported any changes in its main business since its listing[20] - The company completed the "14th Five-Year Development Plan" in April 2021, establishing a framework for business development and organizational structure for 2022[42] - The company is currently developing a digital delivery system aimed at enhancing capabilities in the oil and gas field, which is expected to improve product competitiveness[75] - The company aims to become an internationally competitive high-tech comprehensive energy and environmental service group by 2025, focusing on digital and intelligent technology services[105] - The company plans to optimize its business structure and enhance its marketing system to improve domestic and international market development in 2022[105] - The company is actively working to diversify its customer base to reduce reliance on a few major clients, which could impact its financial stability[111] Market and Industry Outlook - The oil and gas industry showed signs of recovery in 2021, with global oil prices increasing by approximately 50% due to supply constraints and geopolitical tensions[32] - The establishment of the national oil and gas pipeline group is expected to drive rapid growth in China's oil and gas pipeline infrastructure, with a projected market capacity of ¥16,835 billion during the 14th Five-Year Plan period[34] - The energy market is gradually recovering, with significant investment opportunities emerging as international oil prices continue to rise and the global pandemic is effectively controlled[103] - Oil and gas will continue to dominate the energy structure, with natural gas entering a golden development period, leading to increased investment and exploration in this sector[103] Risks and Challenges - The company faces risks related to reliance on the oil industry and fluctuations in oil prices, as well as potential impacts from the COVID-19 pandemic[4] - The company's future outlook includes potential risks from policy changes in the oil and gas industry[4] - Changes in oil and gas industry policies may impact energy demand and investment scales, potentially reducing the need for the company's products and services[108] - The company is increasing its overseas market expansion, which brings uncertainties due to political environments in regions like the Middle East[109] Research and Development - The company emphasizes technological innovation and has established a comprehensive research and development mechanism, collaborating with institutions like China University of Petroleum[46] - Research and development expenses increased by 11.14% to 60,594,007.61 CNY, reflecting the company's commitment to innovation[73] - The company is investing 100 million RMB in R&D for new technologies aimed at improving water purification efficiency[149] - Research and development expenses increased by 30% in 2021, reflecting the company's commitment to innovation and technology advancement[168] Governance and Management - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[119] - The company has established a fair and transparent performance evaluation and incentive mechanism, linking executive compensation to company performance[122] - The company maintains an independent financial accounting system and management practices, ensuring no interference from the controlling shareholder in financial decisions[132] - The company has established effective communication channels with shareholders, ensuring their rights to information and participation in major decisions[124] Environmental Commitment - The company emphasizes its commitment to social responsibility, focusing on sustainable development and community contributions[200] - The company conducts annual monitoring of groundwater and quarterly monitoring of waste gas and noise levels as part of its environmental monitoring plan[198] - No pollutants have been discharged during the reporting period as the oil sludge treatment project has not been operational[200]

Financial Performance - The company's operating revenue for Q1 2022 was CNY 341,834,655.45, representing a 38.49% increase compared to CNY 246,821,874.04 in the same period last year[4] - The net profit attributable to shareholders for Q1 2022 was CNY 11,246,194.17, a 50.78% increase from CNY 7,458,674.39 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,813,538.81, a significant turnaround from a loss of CNY 9,095,220.56 in the previous year, marking a 218.89% increase[4] - Total operating revenue for Q1 2022 was CNY 341,834,655.45, an increase from CNY 246,821,874.04 in Q1 2021, representing a growth of approximately 38.4%[22] - Net profit for Q1 2022 reached CNY 10,596,602.71, compared to a net profit of CNY 7,834,109.45 in Q1 2021, reflecting a growth of approximately 35.7%[24] - The comprehensive income for Q1 2022 was CNY 8,868,707.34, compared to CNY 8,147,512.38 in Q1 2021, reflecting an increase of about 8.8%[24] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 9,250,065.93, an improvement of 92.60% compared to a net outflow of CNY 125,016,564.50 in the same period last year[4] - Operating cash inflow totaled 546,469,051.49, up from 330,996,157.56 in the previous period, representing a 65% increase[25] - Net cash flow from operating activities improved to -9,250,065.93 from -125,016,564.50 year-over-year[25] - Cash inflow from investment activities increased by 198.70% to CNY 61,048,555.88, compared to CNY 20,437,810.79 in the same period last year[12] - Net cash flow from investment activities was -89,472,911.28, worsening from -7,979,036.41 year-over-year[27] - Financing cash inflow amounted to 176,500,000.00, significantly up from 24,931,350.00 in the previous period[27] - Net cash flow from financing activities improved to 141,108,529.87 from -142,237,295.17 year-over-year[27] - The ending balance of cash and cash equivalents increased to 419,898,720.11 from 326,839,451.11[27] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 3,775,349,721.31, a decrease of 1.35% from CNY 3,827,131,585.40 at the end of the previous year[5] - The company's total assets decreased to CNY 3,775,349,721.31 in Q1 2022 from CNY 3,827,131,585.40 in Q1 2021, a decline of about 1.4%[21] - Current liabilities totaled CNY 1,027,181,611.77 in Q1 2022, down from CNY 1,125,515,730.53 in Q1 2021, representing a decrease of approximately 8.7%[21] - The company's long-term borrowings increased to CNY 275,210,000.00 in Q1 2022 from CNY 237,800,000.00 in Q1 2021, an increase of about 15.8%[21] - The total liabilities decreased to CNY 1,386,756,257.08 in Q1 2022 from CNY 1,448,406,828.51 in Q1 2021, a decline of approximately 4.3%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 58,076, with the largest shareholder holding 30.22% of the shares[13] - The company reported a total of 299,783,772 shares issued in a private placement to Changsha Water Industry Group Co., Ltd. in January 2021[15] - The top ten shareholders hold a significant portion of the company's shares, with Changsha Water Industry Group Co., Ltd. holding 107,275,951 shares[15] Investment and Projects - The company confirmed sales revenue of CNY 18,772.37 million from the Iraq project, with a total contract amount of CNY 2,809.37 million[16] - The company is currently fulfilling contracts with LUKOIL in Iraq, with confirmed sales revenue of CNY 17,933.81 million[17] - The total amount of accounts receivable from the Kazakhstan project is CNY 52,375.46 million, with cumulative confirmed sales revenue of CNY 52,847.15 million[17] - The company has ongoing projects in Ethiopia with a total contract amount of CNY 31,158.46 million, which has not yet commenced[16] - The company is actively engaged in various international projects, indicating a strategy of market expansion and diversification[16] Other Financial Metrics - The company's weighted average return on equity was 0.48%, an increase of 0.14% from 0.34% in the previous year[4] - Research and development expenses for Q1 2022 were CNY 14,189,900.07, compared to CNY 11,357,593.61 in Q1 2021, indicating an increase of approximately 24.3%[22] - Basic earnings per share increased to 0.0083 from 0.0055 year-over-year[25] Audit Information - The company did not undergo an audit for the first quarter report[28]

Financial Performance - The company's operating revenue for 2020 was ¥1,135,524,875.03, a decrease of 50.49% compared to ¥2,293,448,711.70 in 2019[17] - The net profit attributable to shareholders for 2020 was -¥178,420,830.75, representing a decline of 309.30% from a profit of ¥85,244,434.38 in 2019[17] - The net cash flow from operating activities was -¥145,682,759.65 in 2020, a decrease of 146.04% compared to ¥316,407,985.43 in 2019[17] - The basic earnings per share for 2020 was -¥0.17, down 312.50% from ¥0.08 in 2019[17] - The total assets at the end of 2020 were ¥4,062,458,114.76, a decrease of 2.66% from ¥4,173,382,731.14 at the end of 2019[18] - The net assets attributable to shareholders increased by 24.62% to ¥2,205,140,052.40 at the end of 2020, compared to ¥1,769,519,655.74 at the end of 2019[18] - The company reported a significant increase in non-operating losses, leading to a negative net profit after deducting non-recurring gains and losses[17] - In Q4 2020, the company reported a revenue of CNY 450,169,049.74, marking a significant increase compared to previous quarters[22] - The net profit attributable to shareholders in Q4 2020 was CNY 16,911,667.10, a turnaround from losses in the earlier quarters[22] - The company experienced a total net loss of CNY 61,253,744.77 in Q4 2020 from operating activities, indicating ongoing cash flow challenges[22] Business Operations - The company has not made any changes to its main business since its listing[16] - The company specializes in providing comprehensive solutions for oil and gas resource development, focusing on efficient and clean energy production[30] - The main business includes oil and gas engineering services, environmental engineering, and resource development, with a strong emphasis on EPCC contracting services[31] - The company expanded its municipal environmental protection business, focusing on wastewater treatment and air pollution control, enhancing its strategic transformation[34] - The company is actively expanding its international market presence, particularly in the Middle East and Africa, to secure large-scale orders[38] - The company is focused on expanding its international market presence, particularly in regions like the Middle East and Africa, to mitigate domestic market challenges[48] Investment and Financing - The company successfully completed a private placement of shares, raising a net amount of CNY 677 million, which effectively alleviated cash flow pressure and supported business expansion[36] - The company reported an increase in long-term equity investments by CNY 185.23 million due to changes in accounting methods for its stake in Antong Group[39] - The total investment amount for the reporting period was CNY 333,072,197.51, representing a 125.29% increase compared to the previous year's investment of CNY 147,843,698.74[80] - The company raised a total of CNY 698,496,188.76 through a private placement of 299,783,772 shares at a price of CNY 2.33 per share, with a net amount of CNY 676,805,985.20 after deducting issuance costs[86] Risk Management - The company faces risks related to reliance on the oil industry and fluctuations in oil prices, as well as potential impacts from the COVID-19 pandemic[4] - The company is aware of risks related to reliance on the oil industry and oil price fluctuations, which could negatively impact its oil and gas engineering services[104] - The ongoing COVID-19 pandemic poses risks to the company's overseas operations, and it is taking steps to minimize the impact on business performance[112] - The company is implementing measures to mitigate risks associated with exchange rate fluctuations, particularly as overseas projects increase[110] Environmental and Social Responsibility - The company emphasizes its commitment to social responsibility, focusing on sustainable development and community contributions[158] - The company reported zero emissions for non-methane total hydrocarbons (NMHC), smoke, SO2, and NOX, with total hazardous waste treated amounting to 31,356 tons annually[164] - The company constructed a 150m³ wastewater collection tank, which is now in use, employing C25 concrete with a permeability coefficient of 10^-7 cm/s[164] - The company has established an emergency response plan for hazardous waste environmental pollution incidents[168] Corporate Governance - The actual controller and shareholders have fulfilled their commitments during the reporting period, ensuring the independence of the company in major decision-making matters[121] - The company has committed to ensuring no interference in its major decision-making processes from its controlling shareholders[121] - The company will ensure compliance with all commitments regarding potential competition during the control period[123] - The company will strictly adhere to relevant laws and regulations regarding related party transactions to protect shareholder rights[124] Shareholder Information - The total number of shares is 1,070,810,000, with 71.75% being unrestricted shares[174] - Major shareholders include Huang Song with 10.80% (115,661,850 shares), Bai Mingyin with 6.94% (74,347,800 shares), and Xiao Rong with 5.76% (61,723,912 shares)[182] - The company reported a reduction in restricted shares, with Huang Song's restricted shares decreasing by 28,915,463 to 86,746,387[177] - The company has not reported any share buybacks or significant changes in shareholding structure outside of the private placement[178]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 650,173,392.19, representing a 54.64% increase compared to CNY 420,438,976.79 in the same period last year[19]. - The net profit attributable to shareholders of the listed company reached CNY 86,028,144.57, a significant turnaround from a loss of CNY 132,746,259.13 in the previous year, marking a 164.81% improvement[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 65,187,742.86, compared to a loss of CNY 80,683,348.16 last year, reflecting a 180.79% increase[19]. - The basic earnings per share improved to CNY 0.06 from a loss of CNY 0.13, indicating a 146.15% increase[19]. - The total operating revenue for the first half of 2021 reached ¥650,173,392.19, a significant increase of 54.6% compared to ¥420,438,976.79 in the same period of 2020[153]. - The net profit for the first half of 2021 was ¥88,862,630.30, a turnaround from a net loss of ¥134,348,302.60 in the first half of 2020[155]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,883,949,406.17, down 4.39% from CNY 4,062,458,114.76 at the end of the previous year[19]. - The total liabilities of the company were CNY 1,524,484,855.50, down from CNY 1,801,371,854.23, showing a decrease of approximately 15.4%[147]. - The company's total assets decreased slightly to ¥3,768,889,113.22 from ¥3,830,055,695.07, indicating a reduction of approximately 1.6%[152]. - The total liabilities also saw a decrease, totaling ¥1,330,825,775.60 compared to ¥1,368,800,433.57, a decline of about 2.8%[152]. Cash Flow - The company reported a net cash flow from operating activities of CNY -136,698,747.67, which is a 113.34% decline compared to CNY -64,076,561.50 in the same period last year[19]. - Operating cash flow net amount was -136.70 million yuan, a decrease of 113.34% year-on-year, mainly due to project payment delays caused by the pandemic[38]. - The total cash outflow from operating activities was 843,920,075.08 CNY, compared to 777,527,719.18 CNY in the first half of 2020[162]. - The company’s cash flow from operating activities showed a negative trend, highlighting potential operational challenges[166]. Revenue Segmentation - The oil and gas engineering and services segment generated revenue of 395.58 million yuan, up 75.40% year-on-year, accounting for 60.84% of total revenue[28]. - Revenue from oil and gas resource development and utilization was 226.75 million yuan, a 32.30% increase year-on-year, making up 34.88% of total revenue[30]. - The environmental engineering and services segment reported revenue of 27.84 million yuan, an 18.38% increase year-on-year, contributing 4.28% to total revenue[29]. Investment and R&D - Research and development investment decreased by 17.69% to 25.12 million yuan compared to the previous year[38]. - The company reported an investment amount of 338,600,890.02 yuan for the reporting period, representing a 129.16% increase compared to the previous year's investment of 147,756,829.05 yuan[55]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[153]. Risks and Challenges - The company faces various risks including reliance on the oil industry and price fluctuations, policy changes in the oil and gas sector, and impacts from the COVID-19 pandemic[5]. - The company is experiencing cyclical demand fluctuations in domestic markets due to varying geological conditions and investment needs[44]. - The ongoing COVID-19 pandemic has created uncertainties, especially for overseas operations; the company is implementing various measures to minimize the impact on its business[71]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company emphasizes the protection of shareholder rights, ensuring transparency and stability in profit distribution policies[87]. - The total number of shares before the recent changes was 1,070,810,000, with a total of 299,783,772 new shares issued[120]. - The company reported a profit distribution of CNY 1,750,000,000 to shareholders during the current period[172]. Environmental and Regulatory Compliance - The company has established an environmental monitoring plan that includes annual monitoring of groundwater and quarterly monitoring of waste gas and noise[85]. - There were no penalties imposed on the company during the reporting period due to environmental issues[85]. - The financial report for the first half of 2021 was approved by the board of directors on August 27, 2021[183]. Strategic Focus and Future Plans - The company aims to become a leading oil and gas service provider, emphasizing technological innovation and customer satisfaction[89]. - The company is exploring potential mergers and acquisitions to enhance market presence and operational efficiency[176]. - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[176].

Financial Performance - The company's revenue for Q3 2021 reached ¥374,817,894.64, representing a 41.49% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥26,020,217.40, a significant increase of 141.57% year-over-year[4] - The net profit excluding non-recurring items was ¥23,724,283.14, up 148.11% from the previous year[4] - Basic earnings per share for Q3 2021 were ¥0.02, reflecting a 133.33% increase compared to the same period last year[4] - Total operating revenue for Q3 2021 reached ¥1,024,991,286.83, a significant increase of 49.6% compared to ¥685,355,825.29 in the same period last year[23] - Net profit for Q3 2021 was ¥116,240,593.31, a turnaround from a net loss of ¥191,876,516.21 in Q3 2020[25] - The total comprehensive income for Q3 2021 was ¥127,405,715.61, compared to a loss of ¥205,280,174.17 in Q3 2020[26] - The company reported an investment income of ¥20,557,250.87, compared to ¥9,320,277.87 in the previous year, representing an increase of 120.5%[25] Cash Flow and Liquidity - The operating cash flow for the year-to-date period was ¥198,733,856.76, showing a remarkable increase of 335.39%[4] - Cash inflow from operating activities increased by 44.20% to ¥1,510,040,659.71 year-to-date[12] - Operating cash inflow for the current period reached ¥1,510,040,659.71, an increase of 44.2% compared to ¥1,047,154,502.12 in the previous period[28] - Net cash flow from operating activities was ¥198,733,856.76, a significant recovery from a negative cash flow of ¥84,429,014.88 in the previous period[29] - Cash inflow from financing activities was ¥239,627,098.90, a decrease from ¥821,298,489.86 in the previous period, leading to a net cash outflow of ¥431,866,632.09 from financing activities[30] - The net increase in cash and cash equivalents was -¥323,053,605.14, compared to -¥220,771,590.21 in the previous period[30] - The ending balance of cash and cash equivalents was ¥279,293,683.47, down from ¥298,550,020.35 in the previous period[30] Assets and Liabilities - Total assets as of September 30, 2021, were ¥3,843,727,841.94, a decrease of 5.38% from the end of the previous year[6] - The company's total liabilities decreased to ¥1,452,557,448.66 from ¥1,801,371,854.23, indicating a reduction of approximately 19.4%[22] - The total equity attributable to shareholders increased to ¥2,329,781,953.81 from ¥2,205,140,052.40, marking an increase of about 5.6%[22] - The company's cash and cash equivalents decreased from 889,237,684.43 yuan at the end of 2020 to 548,666,746.28 yuan by September 30, 2021, a decline of approximately 38.3%[20] - Accounts receivable decreased from 683,982,717.28 yuan at the end of 2020 to 609,754,925.63 yuan, a reduction of about 10.8%[20] - The total assets decreased from 4,062,458,114.76 yuan at the end of 2020 to 3,843,727,841.94 yuan, a decline of approximately 5.4%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 55,276[15] - The largest shareholder, Changsha Water Industry Group, holds 30.22% of shares, totaling 407,059,723 shares[15] - The total number of shares held by the top ten shareholders with unrestricted shares amounts to 107,275,951 shares held by Changsha Water Industry Group[15] Contracts and Projects - The company confirmed sales revenue of 61.90 million yuan from the contract with PETRONAS for the Iraq Garraf oil project during the reporting period[17] - The company has ongoing contracts with PetroChina and LUKOIL, with confirmed sales revenues of 36.16 million yuan and 3,029.41 million yuan respectively[17] - The company is currently working on a project with POLY-GCL in Ethiopia, valued at 31,158.46 million USD, which has not yet commenced[17] Research and Development - Research and development expenses for Q3 2021 were ¥38,837,427.94, down from ¥45,297,575.51, showing a decrease of 14.2%[23] Compliance and Reporting - The company has implemented new leasing standards affecting the financial statements, indicating a proactive approach to compliance and financial reporting[31] - The company has adopted the new leasing standards effective January 1, 2021, impacting the recognition of right-of-use assets and lease liabilities[34] - The third quarter report was not audited, indicating preliminary financial data[36] - The report was issued by the board of directors on October 25, 2021[37]

证券代码：002554 证券简称：惠博普 公告编号：HBP2021-067 华油惠博普科技股份有限公司 关于参加 2021 年湖南辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假 记载、误导性陈述及重大遗漏。 为进一步增强与投资者的沟通交流，使广大投资者能更深入全面地了解公司 情况，华油惠博普科技股份有限公司（以下简称"公司"）将参加由中国证券监 督管理委员会湖南监管局、湖南省上市公司协会与深圳市全景网络有限公司联合 举办的"2021 年湖南辖区上市公司投资者网上集体接待日"活动，现将有关事 项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net）参 与公司本次投资者网上集体接待日活动，活动时间为 2021 年 9 月 24 日（星期五） 下午 15:00 至 17:00。 届时，公司董事会秘书和证券事务代表将通过网络在线问答互动的形式，与 投资者进行沟通与交流。 欢迎广大投资者积极参与。 特此公告。 | --- | --- | --- ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 650,173,392.19, representing a 54.64% increase compared to CNY 420,438,976.79 in the same period last year[19]. - The net profit attributable to shareholders of the listed company reached CNY 86,028,144.57, a significant turnaround from a loss of CNY 132,746,259.13 in the previous year, marking a 164.81% improvement[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 65,187,742.86, compared to a loss of CNY 80,683,348.16 last year, reflecting a 180.79% increase[19]. - The basic earnings per share increased to CNY 0.06 from a loss of CNY 0.13, showing a 146.15% improvement[19]. - The company reported a net cash flow from operating activities of CNY -136,698,747.67, which is a decline of 113.34% compared to CNY -64,076,561.50 in the same period last year[19]. - The weighted average return on net assets improved to 3.82% from -7.79% in the previous year, an increase of 11.61%[19]. Revenue Breakdown - The oil and gas engineering and services segment generated revenue of 395.58 million yuan, up 75.40% year-on-year, accounting for 60.84% of total revenue[28]. - The environmental engineering and services segment reported revenue of 27.84 million yuan, an 18.38% increase year-on-year, contributing 4.28% to total revenue[29]. - Revenue from oil and gas resource development and utilization was 226.75 million yuan, reflecting a 32.30% year-on-year growth, making up 34.88% of total revenue[30]. - New orders signed during the reporting period amounted to 2.366 billion yuan, primarily from overseas oil and gas engineering service projects[27]. - The company ended the period with a backlog of orders totaling 4.565 billion yuan, a 49.53% increase year-on-year[27]. Asset and Liability Management - The total assets at the end of the reporting period were CNY 3,883,949,406.17, a decrease of 4.39% from CNY 4,062,458,114.76 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company increased to CNY 2,298,683,856.81, up 4.24% from CNY 2,205,140,052.40 at the end of the previous year[19]. - The total liabilities decreased to CNY 1,524,484,855.50 from CNY 1,801,371,854.23, representing a reduction of approximately 15.4%[148]. - The company's equity attributable to shareholders increased to CNY 2,298,683,856.81 from CNY 2,205,140,052.40, marking an increase of about 4.2%[149]. Cash Flow Analysis - The company reported a decrease in cash and cash equivalents to CNY 576,582,350.43, down 7.04% from the previous year[47]. - Operating cash flow net amount decreased by 113.34% to -136.70 million yuan, mainly due to project payment delays caused by the pandemic[38]. - The cash flow from operating activities showed improvement, contributing positively to the overall financial health of the company[156]. - The company received cash from borrowings amounting to 190,716,635.00 CNY during the financing activities[167]. Research and Development - Research and development investment decreased by 17.69% to 25.12 million yuan compared to the previous year[38]. - Research and development expenses were ¥25,122,328.32, a decrease of 17.8% from ¥30,522,038.62 in the previous year[154]. Risk Factors - The company faces various risks including reliance on the oil industry and price fluctuations, policy changes in the oil and gas sector, and impacts from the COVID-19 pandemic[5]. - The company relies heavily on a few major clients, primarily large state-owned oil groups and foreign energy giants, which increases customer concentration risk; efforts are being made to diversify the client base[68]. - The ongoing COVID-19 pandemic has created uncertainties, especially for overseas operations; the company is implementing various measures to minimize the impact on business performance[71]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company emphasizes the protection of shareholder rights, ensuring transparency and compliance with regulations regarding shareholder meetings and profit distribution policies[87]. - The company has no significant equity or non-equity investments during the reporting period[56][57]. Environmental and Social Responsibility - The company has a total of 31,356 tons/year of harmlessly treated waste residue, with no reported pollution incidents during the reporting period[84]. - The company has established an environmental monitoring plan that includes annual monitoring of groundwater and quarterly monitoring of waste gas and noise[84]. - The company has not faced any penalties related to environmental issues during the reporting period[84]. Future Outlook - The company plans to continue its market expansion and product development strategies in the upcoming quarters[181]. - The company aims to become a leading oil and gas service provider by focusing on technological innovation and customer satisfaction[89].

Financial Performance - The company's operating revenue for 2020 was ¥1,135,524,875.03, a decrease of 50.49% compared to ¥2,293,448,711.70 in 2019[17]. - The net profit attributable to shareholders was a loss of ¥178,420,830.75, representing a decline of 309.30% from a profit of ¥85,244,434.38 in the previous year[17]. - The net cash flow from operating activities was negative at ¥145,682,759.65, a decrease of 146.04% compared to ¥316,407,985.43 in 2019[17]. - The total assets at the end of 2020 were ¥4,062,458,114.76, down 2.66% from ¥4,173,382,731.14 at the end of 2019[18]. - The net assets attributable to shareholders increased by 24.62% to ¥2,205,140,052.40 from ¥1,769,519,655.74 in 2019[18]. - The basic earnings per share for 2020 was -¥0.17, a decrease of 312.50% from ¥0.08 in 2019[17]. - The weighted average return on net assets was -10.52%, a decline of 15.46% from 4.94% in the previous year[17]. - The company reported a significant increase in non-operating losses, indicating challenges in maintaining profitability[17]. - In Q4 2020, the company reported a revenue of CNY 450,169,049.74, marking a significant increase compared to Q2 2020's revenue of CNY 165,830,970.35[22]. - The net profit attributable to shareholders in Q4 2020 was CNY 16,911,667.10, a recovery from losses in the previous three quarters[22]. - The company experienced a total net cash flow from operating activities of -CNY 61,253,744.77 in Q4 2020, indicating ongoing cash flow challenges[22]. Market and Industry Outlook - The company faces risks related to reliance on the oil industry and fluctuations in oil prices, as well as potential impacts from the COVID-19 pandemic[4]. - The company is positioned to benefit from the recovery of the oil and gas industry as global demand rebounds post-COVID-19[26]. - The Chinese government's energy policies are expected to enhance the market for oil and gas exploration and production services, providing growth opportunities for the company[26]. - The company aims to leverage the increasing focus on green and low-carbon development strategies to expand its market presence[27]. - The establishment of the National Pipeline Company is anticipated to accelerate the construction of oil and gas infrastructure, creating new business opportunities for the company[28]. - The oil service industry is expected to gradually recover as global vaccination progresses and oil demand rebounds, following a significant decline due to the COVID-19 pandemic[99]. Business Operations and Strategy - The company's main business includes oil and gas engineering services, which are critical for providing efficient and clean energy solutions[30]. - The company has developed a comprehensive technology and product system in oil and gas engineering services, enhancing its competitive advantage in the market[31]. - The company expanded its municipal environmental protection business, focusing on wastewater treatment and air pollution control, which aligns with its strategic transformation[34]. - The company has strengthened its international market presence, particularly in the Middle East and Africa, leveraging existing project performance to secure new orders[38]. - The company has developed a comprehensive technology innovation mechanism, collaborating with institutions like China University of Petroleum to enhance its R&D capabilities[41]. - The company has transitioned from a traditional equipment seller to an EPC contractor, gaining access to stringent markets in the Gulf region[44]. Financial Management and Investments - The company successfully completed a private placement of shares, raising a net amount of 677 million yuan, which effectively supplemented its working capital and alleviated cash flow pressure[36]. - The company reported an increase in long-term equity investments by 185.23 million yuan due to changes in accounting methods for its stake in Antong Group[39]. - The company has increased its construction projects by 90.87 million yuan, primarily due to new projects initiated by its subsidiary[39]. - The company reported a fair value loss of ¥37,786,605.7 on trading financial assets during the reporting period[80]. - The company has established a three-party supervision agreement for the management of raised funds to ensure compliance with regulations[89]. - The company confirmed sales revenue of 6,101.76 million USD from the Iraq Garraf oil field project, with accounts receivable of 7.03 million[158]. Shareholder and Governance Matters - The company did not distribute cash dividends for the fiscal year 2020, despite having a positive profit available for distribution to ordinary shareholders[121]. - The actual control and shareholders have fulfilled their commitments during the reporting period, ensuring the company's operational independence[123]. - The company has committed to not interfere with major decision-making processes of the listed company, maintaining its independence in various aspects[123]. - The company has established a commitment to not use its position to seek preferential treatment in business cooperation[127]. - The company will ensure compliance with all commitments made regarding potential competition during the control period[125]. - The company has a total of 54,035 shareholders as of the end of the reporting period[186]. Risks and Challenges - The company faces risks related to dependence on the oil industry and oil price fluctuations, which could negatively impact its oil and gas engineering services[106]. - The company is increasing its overseas market expansion, which brings risks related to political instability and regulatory changes in those regions[109]. - The ongoing COVID-19 pandemic poses risks to the company's overseas business operations and overall performance[114]. - The company has a high customer concentration risk, primarily relying on large state-owned oil groups and foreign energy giants[111]. - The company is exposed to exchange rate fluctuations, particularly as its overseas projects are primarily denominated in USD[112]. Environmental and Social Responsibility - The company continues to focus on social responsibility, emphasizing sustainable development and community contributions[160]. - The company has committed to environmental monitoring in accordance with national standards, including annual groundwater monitoring and quarterly air quality assessments[171]. - The company has established an emergency response plan for hazardous waste environmental incidents, applicable to all pollution events within the hazardous waste treatment facility[170].

华油惠博普科技股份有限公司 2021 年第一季度报告全文 华油惠博普科技股份有限公司 2021 年第一季度报告 2021 年 04 月 1 华油惠博普科技股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 何国连 | 董事 | 出差 | 汤光明 | 公司负责人谢文辉、主管会计工作负责人何玉龙及会计机构负责人(会计主 管人员)范丽亭声明：保证季度报告中财务报表的真实、准确、完整。 2 华油惠博普科技股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- ...