广东长青（集团）股份有限公司 2020 年第三季度报告全文 广东长青（集团）股份有限公司 2020 年第三季度报告 2020 年 10 月 1 广东长青（集团）股份有限公司 2020 年第三季度报告全文 第一节 重要提示 所有董事均已出席了审议本次季报的董事会会议。 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。 公司负责人何启强、主管会计工作负责人及会计机构负责人(会计主管人员) 黄荣泰声明：保证季度报告中财务报表的真实、准确、完整。 2 广东长青（集团）股份有限公司 2020 年第三季度报告全文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 8,633,534,377.17 | 6,944,656,558.86 | | 24.32% | | 归属于上市公司股东的净资产 | 2,653, ...

Corporate Governance - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5] - All board members attended the meeting to review the report, ensuring accountability for its content[3] - The company has not made any changes to its information disclosure practices during the reporting period[18] - The company’s legal representative is He Qiqiang[15] - The company held its first extraordinary shareholders' meeting on January 3, 2020, with an investor participation rate of 62.70%[95] - The annual shareholders' meeting for 2019 took place on May 19, 2020, with a participation rate of 62.68%[95] - There were no commitments from actual controllers, shareholders, or related parties that were not fulfilled during the reporting period[97] - The semi-annual financial report was not audited[98] - There were no major litigation or arbitration matters reported during the period[101] - The company did not experience any penalties or rectification situations during the reporting period[103] - There were no stock incentive plans or employee stock ownership plans implemented during the reporting period[104] - The company did not engage in any significant related party transactions during the reporting period[105] - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[161] - The company has not conducted any repurchase transactions among its top 10 shareholders during the reporting period[160] Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,214,138,707.79, representing a 22.39% increase compared to CNY 992,015,397.00 in the same period last year[19] - Net profit attributable to shareholders was CNY 146,389,922.92, a 53.07% increase from CNY 95,632,843.95 year-on-year[19] - The net profit after deducting non-recurring gains and losses was CNY 146,138,933.67, up 61.51% from CNY 90,481,114.32 in the previous year[19] - The company's total assets increased by 16.13% to CNY 8,065,066,844.96 from CNY 6,944,656,558.86 at the end of the previous year[19] - The basic earnings per share increased to CNY 0.1973, a rise of 53.06% compared to CNY 0.1289 in the same period last year[19] - The weighted average return on net assets increased by 1.49 percentage points to 5.91% from 4.42% year-on-year[19] - The net cash flow from operating activities was negative at CNY -41,524,164.02, a decline of 246.98% compared to CNY 28,251,626.98 in the previous year[19] - Operating profit increased by 45.88% to 19,347.99 million CNY, while total profit rose by 44.23% to 19,131.42 million CNY[47] - Net profit attributable to shareholders reached 14,638.99 million CNY, marking a 53.07% increase compared to the previous year[47] - Total assets at the end of the reporting period amounted to 806,506.68 million CNY, up 16.13% from the beginning of the period[48] - The company's equity attributable to shareholders increased by 5.60% to 254,343.29 million CNY[48] Operational Highlights - The company continues to focus on the environmental thermal energy business, including waste-to-energy and biomass power generation, which are in a growth stage with no significant seasonality[27][28][30] - The number of signed, constructed, and operational environmental thermal energy projects reached 34, with 10 projects currently operational and 11 in trial operation or under construction[30] - The company achieved the highest power generation efficiency in the biomass power generation sector for four consecutive years from 2016 to 2019, according to the China Biomass Power Generation Industry Development Report[30] - The environmental industry reported revenue of 920.80 million yuan, a year-on-year increase of 53.70%, primarily due to the launch of new biomass projects and the expansion of centralized heating projects[49] - The manufacturing sector experienced a revenue decline of 25.34%, with total revenue of 293.33 million yuan, impacted by the COVID-19 pandemic and trade tensions[51] - The company is actively developing new products and technologies, leveraging e-commerce platforms to mitigate the impact of the pandemic on sales[52] - The company aims to complete all ongoing construction projects by the end of 2020, which are expected to create new performance growth points[49] Investment and Financing - The company successfully issued 800 million yuan in convertible bonds during the reporting period, providing strong financial support for project construction[49] - The cash flow from financing activities increased by 206.02%, reaching 1,064.37 million yuan, mainly due to the issuance of convertible bonds[54] - The total amount of funds raised through convertible bonds was ¥800,000,000, with a net amount of ¥786,887,472.03 after deducting issuance costs[72] - The company has invested ¥15,010,000 in new equity investments during the reporting period, with a total expected return of ¥5,000,000[65] - The company has pledged cash and fixed assets totaling ¥303,031,597.21 and ¥172,146,237.46 respectively for financing purposes[60] Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities, with specific emissions data reported[130] - The company reported a total particulate matter emission concentration of 4.50 mg/m³, which is below the standard limit of 20 mg/m³[130] - The company’s sulfur dioxide emissions were recorded at 18.15 mg/m³, exceeding the standard limit of 80 mg/m³[130] - The company has a nitrogen oxide emission concentration of 171.16 mg/m³, which is below the standard limit of 250 mg/m³[130] - The company is actively involved in environmental responsibility, addressing major pollution issues as a priority[130] - The company has implemented advanced pollution control technologies, including SNCR and bag filter systems, which are currently operating normally across various subsidiaries[134] - The company is committed to continuous improvement in environmental performance and is exploring further market expansion opportunities in the renewable energy sector[134] Community Engagement - The company has invested a total of 43.02 million yuan in poverty alleviation efforts, including 5.38 million yuan specifically for disabled individuals[142] - The company has established long-term cooperative relationships with impoverished households for the collection of straw, ensuring priority purchase of qualifying straw to increase farmers' income[143] - The company plans to continue providing holiday gifts to local impoverished individuals, including the elderly and disabled, as part of its community support initiatives[144] - The company has committed to quarterly inspections of its environmental monitoring plans, ensuring compliance with local regulations[140] - The company has reported ongoing efforts to enhance the awareness of straw economy among local farmers through professional guidance in storage and transportation[141] Shareholder Information - The total number of shares remained unchanged at 741,883,144, with limited sale condition shares increasing from 282,476,100 to 286,056,100[151] - The proportion of limited sale condition shares increased from 38.08% to 38.56% following the change in share conditions due to the resignation of a senior executive[151] - Major shareholders include He Qiqiang with 25.77% and Mai Zhenghui with 23.06% of shares, both of whom have pledged portions of their holdings[158] - The company’s stock structure includes 38.56% of shares under limited sale conditions and 61.44% under unrestricted conditions as of the latest report[151] - The credit rating for the company's convertible bonds remains at "AA" with a stable outlook, unchanged from the previous year[171]

Financial Performance - The company's operating revenue for Q1 2020 was CNY 500,607,928.99, representing a 2.69% increase compared to CNY 487,484,465.37 in the same period last year[7]. - The net profit attributable to shareholders for Q1 2020 was CNY 52,703,433.35, up 9.72% from CNY 48,036,661.99 in the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 51,481,675.37, an increase of 8.21% from CNY 47,573,577.97 year-on-year[7]. - Net profit for Q1 2020 reached CNY 53.83 million, an increase of 12.5% from CNY 48.04 million in Q1 2019[40]. - Basic and diluted earnings per share for Q1 2020 were both CNY 0.0710, up from CNY 0.0647 in the same period last year[41]. - The company reported a total comprehensive income of CNY 52.19 million for Q1 2020, compared to CNY 49.42 million in Q1 2019[41]. Cash Flow - The net cash flow from operating activities was negative CNY 106,149,624.32, a decline of 111.47% compared to negative CNY 50,195,032.62 in the same period last year[7]. - The net cash flow from operating activities decreased by CNY 55.95 million, mainly due to delays in biomass subsidy electricity payments[15]. - Cash inflows from operating activities totaled CNY 487.88 million in Q1 2020, an increase from CNY 418.77 million in Q1 2019[47]. - The net cash flow from operating activities was -106,149,624.32 CNY, compared to -50,195,032.62 CNY in the previous period, indicating a decline in operational cash generation[48]. - The company reported a significant increase in cash received from operating activities, totaling 1,300,583,885.45 CNY, compared to 339,124,068.53 CNY in the previous period[51]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,375,022,111.18, reflecting a 6.20% increase from CNY 6,944,656,558.86 at the end of the previous year[7]. - Total liabilities rose to CNY 4,895,277,220.19, compared to CNY 4,517,099,630.82, indicating an increase of about 8.4%[32]. - The company's total equity reached CNY 2,479,744,890.99, up from CNY 2,427,556,928.04, reflecting a growth of approximately 2.2%[33]. - Long-term borrowings increased by 50.21% compared to the beginning of the period, primarily for project investments[15]. - Short-term borrowings decreased to CNY 717,279,914.22 from CNY 947,580,982.79, a reduction of approximately 24.3%[32]. Investment Activities - The net cash flow from investing activities decreased by CNY 311.41 million, primarily due to increased payments for projects and equipment[15]. - The cash outflow for investment activities was 423,509,529.72 CNY, compared to 112,274,513.97 CNY in the previous period, showing a substantial increase in investment expenditures[48]. - The company incurred a net cash outflow from investment activities of -423,504,127.70 CNY, compared to -112,098,017.69 CNY previously, reflecting a higher investment burden[48]. Financing Activities - The net cash flow from financing activities increased by CNY 624.68 million, mainly due to new borrowings during the period[15]. - The cash flow from financing activities included a significant borrowing of 1,356,537,397.90 CNY, compared to 283,382,177.99 CNY in the previous period, indicating increased leverage[49]. - The company paid 683,413,956.94 CNY in debt repayments, which was significantly higher than 250,919,002.65 CNY in the previous period, reflecting a focus on debt management[49]. Operational Highlights - The company completed a 72+24 hour trial operation of the Tieling biomass cogeneration project, which is expected to meet long-term stable operation conditions[14]. - Accounts receivable decreased by 45.51% compared to the beginning of the period, mainly due to a reduction in commercial acceptance bill settlements[15]. - Accounts payable increased by 56.54% compared to the beginning of the period, primarily due to an increase in bill settlement activities[15]. - Prepayments increased by 109.82% compared to the beginning of the period, attributed to an increase in operational prepayments[15]. - The company did not report any new product launches or technological advancements during this period, focusing instead on financial restructuring and cash flow management[54].

Financial Performance - In 2019, the company achieved its highest sales revenue and net profit since its listing, with annualized utilization hours of over 8000 for operational projects[2]. - The company's operating revenue for 2019 was CNY 2,498,156,448.97, representing a 24.46% increase compared to CNY 2,007,166,379.24 in 2018[28]. - The net profit attributable to shareholders for 2019 was CNY 295,218,365.69, a significant increase of 76.98% from CNY 166,812,740.54 in 2018[28]. - The net profit after deducting non-recurring gains and losses was CNY 282,671,016.94, which is a 104.10% increase compared to CNY 138,495,829.28 in 2018[28]. - The company's total assets at the end of 2019 reached CNY 6,944,656,558.86, marking a 38.67% increase from CNY 5,008,191,026.53 at the end of 2018[28]. - The basic earnings per share for 2019 was CNY 0.3979, up 76.92% from CNY 0.2249 in 2018[28]. - The net cash flow from operating activities for 2019 was CNY 529,589,425.97, a decrease of 24.34% from CNY 699,991,829.27 in 2018[28]. - The company reported a total operating revenue of CNY 249,815.64 million in 2019, representing a year-on-year growth of 24.46%[57]. - The net profit attributable to shareholders reached CNY 29,521.84 million, an increase of 76.98% compared to the previous year[57]. - The environmental business segment generated revenue of CNY 149,512.61 million, up 61.47% year-on-year, primarily due to increased performance in the centralized heating sector and new project launches[58]. - The manufacturing segment's revenue was CNY 100,303.04 million, a decrease of 7.23% from the previous year, impacted by trade barriers and geopolitical tensions[60]. Project Development and Operations - The company expects to see new growth points in 2020 as five delayed projects are set to commence operations soon[3]. - The company plans to complete the construction and commissioning of multiple biomass power projects this year, enhancing its competitive position in the industry[4]. - The company has invested in multiple biomass power generation projects, accumulating replication experience, but risks remain if the commissioning process exceeds expectations or fails to reach production targets[14]. - The company plans to mitigate risks related to biomass fuel supply by conducting market research and selecting regions with more reliable fuel supply before new projects are established[14]. - The company is currently executing agreements for multiple biomass power generation projects, with capacities ranging from 23,000 to 55,000 units[158][159][160]. - The biomass power generation project in Hebei Province has a capacity of 53,000 units and is in the construction phase[158]. - The biomass power generation project in Hunan Province has a capacity of 26,000 units and is in the preparation stage[158]. - The biomass power generation project in Jiangsu Province has a capacity of 27,000 units and is currently under construction[158]. - The biomass power generation project in Shandong Province has a capacity of 27,000 units and is in the execution phase[158]. - The biomass power generation project in Liaoning Province has a capacity of 51,000 units and is in the construction phase[159]. - The biomass power generation project in Henan Province has a capacity of 50,000 units and is currently under construction[159]. - The company has several projects in various stages, including construction and preparation, indicating ongoing market expansion efforts[158][159]. - The company is focused on biomass energy projects, reflecting a strategic shift towards renewable energy sources[158][159]. Financial Strategies and Investments - The company issued 800 million yuan in convertible bonds, strengthening its financial position and supporting future growth[6]. - The company has established a product testing center recognized by CSA in both China and North America, enhancing its international market competitiveness[52]. - The company has invested in a gas appliance production base in Vietnam to mitigate international trade risks and expand its global market presence[60]. - The company plans to optimize its business mechanisms and continue to enhance its competitive strength in the environmental industry in 2020[61]. - The company plans to increase the proportion of non-subsidy income in biomass power generation projects by attracting heat-using enterprises to settle nearby[106]. - The company has a total distributable profit of 268,448,564.53 yuan as of December 31, 2019[118]. - The company aims to improve its information management through the establishment of a real-time and precise data analysis platform[109]. - The company will focus on training and developing young talents to strengthen its human resources strategy[109]. Environmental and Social Responsibility - The company has actively participated in social responsibility initiatives, donating a total of 4.3818 million yuan to educational and environmental causes during the reporting period[175]. - The company has implemented a targeted poverty alleviation plan, focusing on providing stable income sources for impoverished households through the collection and utilization of agricultural waste[176]. - The company has established a long-term cooperative relationship with impoverished households for the collection of straw, ensuring priority purchase of quality fuel materials from them[182]. - The company has committed to a profit distribution plan ensuring that at least 20% of the distributable profits will be allocated for cash dividends to shareholders from 2017 to 2021[172]. - The company is classified as a key pollutant discharge unit by the environmental protection department[183]. - The total emissions of particulate matter from Changqing Environmental Protection reached 35.648 tons per year, with a discharge concentration of 5.88 mg/Nm3, below the standard of 20 mg/Nm3[183]. - The company has implemented pollution control measures to ensure compliance with environmental standards[183]. - The company is committed to improving its environmental performance and reducing emissions in line with regulatory requirements[183]. Risk Management and Compliance - The company has successfully avoided financial risks associated with subsidy delays by controlling the pace of biomass power project construction[3]. - The company faces risks from delayed subsidy payments for renewable energy projects due to an increasing funding gap in the national renewable energy development fund[15]. - The company acknowledges that the economic conditions of downstream clients in centralized heating and biomass power generation projects can significantly impact operational performance[16]. - The company is aware of potential risks from slow progress in project approvals and regional restrictions on coal usage that could affect project performance[16]. - The company has implemented strict measures to ensure that no unfair benefits are transferred to other entities or individuals, protecting shareholder interests[125]. - The company has a commitment to ensure that all public disclosures are free from false statements or significant omissions, maintaining investor trust[123]. - The company has established self-monitoring schemes for environmental compliance, with the latest versions of these schemes being executed from December 1, 2019[189]. Corporate Governance - The company has not conducted any investor communications or interviews during the reporting period[111]. - The company will not conduct capital reserve transfers or stock dividends in the current period[119]. - The company’s board of directors can propose mid-term cash dividends based on the company's profitability and funding needs, subject to shareholder approval[125]. - The company has established a share transfer limit for its directors and senior management, restricting annual transfers to no more than 25% of their total shareholdings during their tenure[121]. - The company has committed to not using its assets for unrelated investments or consumption activities, ensuring responsible management of resources[125]. - The company has made changes to its accounting policies and estimates, which were approved and did not significantly affect the financial statements[128]. - The domestic accounting firm engaged for auditing services is Zhonghua CPA, with a fee of 1.3 million yuan and 12 years of continuous service[134].

广东长青（集团）股份有限公司 2019 年第三季度报告全文 广东长青（集团）股份有限公司 2019 年第三季度报告 2019 年 10 月 1 广东长青（集团）股份有限公司 2019 年第三季度报告全文 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人何启强、主管会计工作负责人黄荣泰及会计机构负责人(会计主 管人员)黄荣泰声明：保证季度报告中财务报表的真实、准确、完整。 2 广东长青（集团）股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 对公司根据《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》定义界定的非经常性损益项目，以及把《公 开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益项目界定为经常性损益的项目，应 说明原因 □ 适用 √ 不适用 3 广东长青（集团）股份有限公司 2019 年第三季度报告全文 公司报告期不存在将根据《公开发 ...

Financial Performance - The company's operating revenue for the reporting period was CNY 992,015,397, representing a 17.13% increase compared to CNY 846,959,556.94 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached CNY 95,632,843.95, a significant increase of 208.25% from CNY 31,024,083.35 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 90,481,114.32, up 391.43% from CNY 18,411,837.52 in the same period last year[18]. - Basic earnings per share increased to CNY 0.1289, up 208.37% from CNY 0.0418 in the same period last year[18]. - Operating profit increased by 248.59% to CNY 132.63 million, while total profit rose by 278.35% to CNY 132.64 million[47]. - The company's net profit for the first half of 2019 was not explicitly stated, but the increase in retained earnings was CNY 289,594,078.71, compared to CNY 116,737,520.74 in the previous year[158]. - The net profit for the first half of 2019 was CNY 95,617,914.70, a significant increase of 219.4% compared to CNY 29,976,896.18 in the same period of 2018[161]. - The total comprehensive income for the first half of 2019 was CNY 95,388,571.80, compared to CNY 29,300,420.63 in the previous year, indicating a growth of 225.5%[162]. Cash Flow and Assets - The net cash flow from operating activities was CNY 28,251,626.98, a recovery from a negative cash flow of CNY -95,177,814.37 in the previous year[18]. - Cash and cash equivalents decreased to CNY 207.91 million, accounting for 3.78% of total assets, down from 5.30%[59]. - Accounts receivable decreased to CNY 405.42 million, representing 7.36% of total assets, down from 11.85%[59]. - Fixed assets decreased to CNY 1.71 billion, making up 31.06% of total assets, down from 37.08%[59]. - The total assets at the end of the reporting period were CNY 5,504,920,074.90, reflecting a 9.92% increase from CNY 5,008,191,026.53 at the end of the previous year[18]. - Current assets totaled RMB 1,301,667,935.97, up from RMB 1,160,011,250.88 at the end of 2018, indicating a growth of approximately 12.2%[150]. - Cash and cash equivalents at the end of the period decreased to CNY 168,034,777.24 from CNY 213,010,862.02 at the end of the previous year[169]. Investments and Projects - The company operates 43 environmental thermal energy projects across the country, with 6 in operation, 14 in trial operation or under construction, and 23 signed for future construction[30]. - The company has ongoing investments in multiple biomass power generation projects, with varying completion percentages[70]. - The company has initiated several new biomass cogeneration projects in 2019, including locations such as Xinye and Yanjin, which are expected to contribute significantly to future revenue[48]. - The company is actively pursuing new biomass energy projects, with approvals obtained for projects in various counties, including Nanyang and Zhoukou[108]. - The company is currently in the construction phase for multiple biomass cogeneration projects, with agreement pricing for the Henan Province Fangcheng County project set at CNY 32 million[109]. Market and Sales - Domestic sales accounted for 71.50% of total revenue, increasing by 50.19% year-on-year, while international sales decreased by 24.55% to 28.50% of total revenue[55]. - The company exports gas appliances to over 30 countries, with a comprehensive product line including gas water heaters, stoves, and heaters[39]. - Revenue from outdoor and heating products reached CNY 248.20 million, a year-on-year increase of 23.86%[57]. - Revenue from kitchen appliances and valve products was CNY 144.71 million, reflecting a 27.50% increase year-on-year[57]. Research and Development - The company holds 174 patents as of June 2019, reflecting its strong commitment to research and development[44]. - The company’s R&D investment was RMB 13.94 million, a slight increase of 1.62% compared to the previous year, indicating a focus on innovation[53]. - Research and development expenses increased to CNY 9,288,022.62, up from CNY 6,721,202.59, reflecting a growth of 38.5%[160]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities, with specific emissions data reported[113]. - The company reported a total emission of 3.291 tons of particulate matter, which is below the regulatory limit of 35.648 tons[113]. - The company’s sulfur dioxide emissions were recorded at 14.961 tons, which is compliant with the regulatory limit of 90.03 tons[113]. - The nitrogen oxides emissions were reported at 103.864 tons, exceeding the regulatory limit of 467.84 tons, indicating a need for further compliance measures[113]. - The company has implemented environmental self-monitoring plans for all operational power plants since January 1, 2019, ensuring compliance with regulatory standards[120]. Risks and Challenges - The company faces risks related to international market uncertainties, exchange rate fluctuations, and raw material price volatility[76]. - The company is addressing the challenges of biomass fuel supply and pricing volatility due to increased competition from similar projects in the vicinity[77]. - The company faces risks related to the delayed settlement of subsidy electricity prices for biomass projects, which typically take two years post-production to be included in the subsidy directory[78]. - The performance of cogeneration projects is directly influenced by the economic conditions of user industries, which may lead to reduced steam supply and longer payment cycles[79]. Corporate Governance and Shareholder Relations - The company has committed to fulfilling its promises to shareholders, including share restrictions and equity incentives, which have been executed as planned[85]. - The company has not distributed cash dividends or bonus shares for the half-year period, indicating a focus on reinvestment[83]. - The company did not implement any stock incentive plans or employee shareholding plans during the reporting period[94]. - The company has a total of 10,000 million yuan in guarantees related to Ning'an Environmental Protection, with actual amounts of 2,236 million yuan and 2,250 million yuan respectively[97].

广东长青（集团）股份有限公司 2019 年第一季度报告全文 广东长青（集团）股份有限公司 2019 年第一季度报告 2019 年 04 月 1 广东长青（集团）股份有限公司 2019 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人何启强、主管会计工作负责人黄荣泰及会计机构负责人(会计主 管人员)黄荣泰声明：保证季度报告中财务报表的真实、准确、完整。 2 广东长青（集团）股份有限公司 2019 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 | | | --- | --- | --- | --- | --- | | 营业收入（元） | 487,484,465.37 | 415,471,929.59 | | 17.33% | | 归属于上市公司股东的净利润（元） | 48,03 ...

Market Strategy and Expansion - The company plans to reduce reliance on the North American market and continue to explore new markets to seek more suitable survival space[4]. - The company is actively expanding its market presence through the establishment of new subsidiaries focused on biomass energy production[85]. - The company is leveraging the growing demand for clean heating solutions in northern regions, which presents new opportunities for biomass power generation[99]. - The company is focused on enhancing its operational efficiency and expanding its renewable energy portfolio through strategic agreements and project developments[145]. - The company is actively pursuing new biomass energy projects, which aligns with its long-term sustainability goals and market positioning[149]. Financial Performance - The company's operating revenue for 2018 was ¥2,007,166,379.24, representing a 6.05% increase compared to ¥1,892,681,694.89 in 2017[22]. - The net profit attributable to shareholders for 2018 was ¥166,812,740.54, a significant increase of 90.47% from ¥87,580,351.95 in 2017[22]. - The net cash flow from operating activities reached ¥699,991,829.27, marking a dramatic increase of 2,396.81% compared to ¥28,035,480.90 in 2017[22]. - The basic earnings per share for 2018 was ¥0.2249, up 89.15% from ¥0.1189 in 2017[22]. - The company's total assets at the end of 2018 amounted to ¥5,008,191,026.53, reflecting a 21.48% increase from ¥4,122,588,532.88 at the end of 2017[22]. Investment and Projects - The company has invested in multiple biomass power generation projects and accumulated experience, but each project requires debugging and optimization, which may affect operational performance if delays occur[5]. - The company has established several new biomass energy companies, all of which are currently under construction and expected to generate an estimated return of CNY 30,000,000 each[85]. - The company is currently in the construction phase for multiple biomass power generation projects, with agreements in place for projects valued at 23,000, 55,000, 27,500, and 51,000 thousand respectively[147]. - The company has signed investment agreements for biomass power generation projects with local governments in Henan, Jiangsu, and Jilin provinces, contributing to local environmental improvement and pollution control[158]. - The company has constructed a waste-to-energy plant in Zhongshan, Guangdong, with a total daily waste processing capacity of 2,100 tons from two completed phases and an ongoing expansion project[159]. Environmental and Regulatory Compliance - The company has maintained compliance with environmental regulations, with no exceedances reported for key pollutants such as sulfur dioxide and nitrogen oxides[171]. - The company has implemented various pollution control facilities, including SNCR technology for nitrogen oxide reduction, which is currently operating normally[174]. - The company has received environmental impact assessment approvals for multiple projects, including the heat and power cogeneration project in Mancheng District, with approval document number冀环评〔2017〕378号[175]. - The company has established environmental self-monitoring plans for all operational power plants, with the latest version for Longqing Environmental effective from January 1, 2019[178]. - The company is actively expanding its pollution control capabilities to meet increasing regulatory demands and improve environmental performance[174]. Shareholder and Dividend Policies - The company does not plan to distribute cash dividends or issue bonus shares[9]. - The company has committed to distributing at least 20% of the annual distributable profits as cash dividends, provided there are no significant investment plans or cash expenditures[122]. - The company has a profit distribution plan that will be proposed by the board based on operational status and submitted for shareholder approval[122]. - The company has not proposed any cash dividend distribution plan despite having positive distributable profits for the reporting period[118]. - The company has committed to avoiding any business activities that may compete with its main business operations[119]. Research and Development - The company is committed to reducing development costs through product platform design and increasing investment in R&D hardware[56]. - The number of R&D personnel increased to 207, a rise of 6.15% from 195 in 2017[72]. - Research and development expenses amounted to ¥30,869,910.92, a decrease of 16.82% compared to ¥37,112,343.61 in 2017[72]. - The company has established a complete quality control system since obtaining ISO9001 certification in 1996, enhancing its manufacturing sustainability[48]. - As of December 2018, the company held 161 patents, reflecting its strong commitment to independent innovation and technology development[49]. Risk Management - The company will closely monitor foreign exchange and market changes to mitigate the impact of exchange rate fluctuations on profit and loss[4]. - The company acknowledges the uncertainty of national subsidy payments for renewable energy, which could impact project viability[8]. - The company faces risks related to the supply and price fluctuations of biomass fuel due to competition from similar projects in the vicinity[5]. - The company emphasizes the importance of market research and selecting advantageous user industries to reduce risks associated with project investments[8]. - The company is aware of the potential impact of economic conditions and policy changes on the performance of its projects[8].

广东长青（集团）股份有限公司 2018 年第三季度报告正文 证券代码：002616 证券简称：长青集团 公告编号：2018-088 第二节 公司基本情况 广东长青（集团）股份有限公司 2018 年第三季度报告正文 1 广东长青（集团）股份有限公司 2018 年第三季度报告正文 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人何启强、主管会计工作负责人黄荣泰及会计机构负责人(会计主 管人员)黄荣泰声明：保证季度报告中财务报表的真实、准确、完整。 2 广东长青（集团）股份有限公司 2018 年第三季度报告正文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 4,916,287,955.21 | | 4,122,588,532.88 | 19.2 ...

广东长青（集团）股份有限公司 2018 年半年度报告全文 广东长青（集团）股份有限公司 2018 年半年度报告 2018 年 08 月 1 广东长青（集团）股份有限公司 2018 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人何启强、主管会计工作负责人黄荣泰及会计机构负责人(会计主 管人员)黄荣泰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告涉及未来计划等前瞻性陈述，该计划不构成公司对投资者的实质承 诺，投资者及相关人士均应当对此保持足够的风险认识，并应当理解计划、预 测及承诺之间的差异。 公司在本报告"第四节 经营情况讨论与分析"之"十、公司面临的风险和应 对措施"部分描述了公司未来经营中可能面临的风险，敬请广大投资者注意阅 读。 公司经本次董事会审议通过的利润分配预案为：以 741,883,144 股为基数， 向全体股东每 10 股派发现金红利 2 元（含税），送红股 0 股（含税）， ...