证券代码：002630 证券简称：华西能源 公告编号：2023-044 会议由监事会主席肖宇通先生主持，经与会监事审议并以记名投票方式表决， 会议通过了如下决议： （一）审议通过《公司 2023 年半年度报告及摘要》 经审议，监事会认为：董事会编制和审核《公司 2023 年半年度报告及摘要》 的程序符合国家有关法律、法规和中国证监会、深圳证券交易所的规定；报告内 容真实、准确、完整地反映了公司的实际情况，不存在任何虚假记载、误导性陈 述或者重大遗漏。 《公司 2023 年半年度报告》详见巨潮资讯网（http://www.cninfo.com.cn/）。 《公司 2023 年半年度报告摘要》详见《中国证券报》、《上海证券报》、《证 券时报》、《证券日报》以及巨潮资讯网（http://www.cninfo.com.cn/）。 华西能源工业股份有限公司 第五届监事会第十九次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会召开情况 华西能源工业股份有限公司（以下简称"公司"）第五届监事会第十九次会 议于 2023 年 8 月 24 日在公司科研 ...

证券代码：002630 证券简称：华西能源 公告编号：2023-030 华西能源工业股份有限公司 关于投资者关系活动记录的补充更正公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 华西能源工业股份有限公司（以下简称"公司"）于 2023 年 5 月 17 日在巨 潮资讯网披露了公司 2022 年度报告网上业绩说明会的《投资者关系活动记录表》 （以下简称"记录表"），前述记录表披露后，经核实发现记录表第 40 条的内容 不够完整，现将有关情况补充更正公告如下： 补充前： 40、请问公司去年准备出售甘肃张掖电站为何突然终止？出售资产计划有 进一步进展吗？ 回复：主要原因是未能在约定期限取得主管机关和银行的批复。目前，公司 正在与意向受让方接洽。后续进展，公司将依照相关规则及时披露。 补充后： 40、请问公司去年准备出售甘肃张掖电站为何突然终止？出售资产计划有 进一步进展吗？ 回复：公司计划出售的是昭通电厂，不是张掖电厂。终止计划的主要原因是 未能在约定期限取得主管机关和银行的批复。目前，公司正在与意向受让方接洽。 后续进展，公司将依照相关规则及时披露。 除上述 ...

证券代码：002630 证券简称：华西能源 公告编号：2023-028 二 O 二三年五月十日 出席本次业绩说明会的人员有：董事长黎仁超先生、独立董事应千伟先生、 董事会秘书徐琳女士、财务总监孟海涛先生。 为充分尊重投资者、提升交流效果，现就本次业绩说明会提前向投资者公开 征集问题。投资者可于 2023 年 5 月 15 日下午 15:00 前登录全景网"投资者关系 互动平台"上市公司业绩说明会问题征集页面提交您所关注的问题。业绩说明会 举行期间，投资者仍可登陆活动界面进行互动提问。公司将在本次年度业绩说明 会上对投资者普遍关注的问题进行回答。 欢迎广大投资者积极参与。 特此公告。 华西能源工业股份有限公司董事会 华西能源工业股份有限公司 关于举行 2022 年度报告网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 华西能源工业股份有限公司（以下简称"公司"）已于 2023 年 4 月 27 日披 露了《公司 2022 年度报告及摘要》，为让投资者进一步了解公司 2022 年度报告， 以及公司财务状况、生产经营、未来发展规划等情况，公司定于 ...

Financial Performance - Revenue for Q1 2023 was CNY 157,985,434.29, a decrease of 32.92% compared to CNY 235,529,859.87 in the same period last year[5] - Net profit attributable to shareholders was CNY -131,573,927.62, an improvement of 14.95% from CNY -154,695,222.81 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 157,985,434.29, a decrease of 33% compared to CNY 235,529,859.87 in the same period last year[24] - Net loss for Q1 2023 was CNY 134,800,201.51, compared to a net loss of CNY 158,167,981.83 in Q1 2022, representing an improvement of approximately 15%[26] Cash Flow - Operating cash flow increased significantly to CNY 67,432,145.43, a 319.55% increase from CNY -30,713,757.72 in the previous year[5] - Cash received from sales and services increased by 77.69% to CNY 315,723,944.92 compared to CNY 177,680,390.32 in Q1 2022[13] - The company's cash flow from operating activities increased to CNY 315,723,944.92 in Q1 2023, compared to CNY 177,680,390.32 in the same period last year[28] - The net cash flow from operating activities for Q1 2023 was ¥67,432,145.43, a significant improvement compared to a net outflow of -¥30,713,757.72 in Q1 2022[29] - Operating cash inflows totaled ¥380,917,446.60, compared to ¥264,147,908.98 in Q1 2022, indicating a year-over-year increase of approximately 44%[29] - Cash outflows from operating activities were ¥313,485,301.17, slightly higher than ¥294,861,666.70 in the previous year[29] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 10,019,180,941.03, down 1.41% from CNY 10,162,695,269.84 at the end of the previous year[5] - The company's total assets as of the end of Q1 2023 were CNY 10,019,180,941.03, slightly down from CNY 10,162,695,269.84 at the end of the previous quarter[23] - Total liabilities decreased to CNY 9,101,483,976.10 from CNY 9,109,983,066.78 in the previous quarter[23] - The company's total equity decreased to CNY 917,696,964.93 from CNY 1,052,712,203.06 in the previous quarter[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 101,541[16] - The top shareholder, Li Renchao, holds 13.07% of the shares, amounting to 154,275,680 shares, with 115,706,760 shares pledged[16] Operating Costs - The company reported a significant reduction in operating costs, with Q1 2023 costs at CNY 154,457,656.17, down 32.86% from CNY 230,047,612.30 in the same period last year[11] - Total operating costs for Q1 2023 were CNY 276,061,165.45, down 20% from CNY 344,489,381.37 year-over-year[25] Investments and Capital - The company plans to increase the registered capital of its wholly-owned subsidiary, Huaxi Engineering, from CNY 200,000,000 to CNY 383,329,300, with a total capital increase of CNY 300,000,000[19] - The company raised CNY 842,900,000.00 in borrowings, a 768.97% increase from CNY 97,000,000.00 in the previous year[14] Legal Matters - The company is involved in ongoing litigation regarding a contract with Tianfu Nan Thermal Power Co., claiming damages of CNY 24,077,600[18] - Huaxi Energy has a pending lawsuit related to a contract with Indian TRN Energy Pvt. Ltd., involving a total contract amount of USD 18.61 million (approximately CNY 120 million)[18] Other Financial Metrics - Research and development expenses for Q1 2023 were CNY 8,357,256.23, down from CNY 11,232,104.42 in Q1 2022, indicating a reduction of approximately 25%[25] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.1114, an improvement from CNY -0.1310 in Q1 2022[26] - The company reported a total of CNY 1,283,923,002.40 in contract assets as of March 31, 2023, down from CNY 1,407,356,719.32 at the beginning of the year, a decrease of about 8.8%[21] - The company's total liabilities and equity structure is under review as part of its financial strategy for the upcoming quarters[20] Cash and Equivalents - Cash and cash equivalents increased to CNY 249,273,256.65 from CNY 229,066,105.93, representing a growth of about 8.5%[21] - The total cash and cash equivalents at the end of Q1 2023 amounted to ¥92,729,425.45, up from ¥40,836,633.80 at the end of Q1 2022[30] - The cash inflow from investment activities was ¥3,256,838.17, a decrease from ¥16,256,838.17 in the same quarter last year[29] - The cash outflow for investment activities was ¥1,354,082.09, down from ¥2,097,723.13 in Q1 2022[29] - The company experienced a foreign exchange loss of -¥89,320.46 during the quarter[30]

Financial Performance - The company's operating revenue for 2022 was ¥859,138,435.94, a decrease of 43.38% compared to ¥1,517,242,646.81 in 2021[23]. - The net profit attributable to shareholders was -¥757,080,018.48, representing an increase in losses of 11.00% from -¥682,080,613.84 in the previous year[23]. - The net cash flow from operating activities improved significantly to ¥283,140,809.64, a 251.44% increase from -¥186,962,291.57 in 2021[23]. - The total assets at the end of 2022 were ¥10,162,695,269.84, down 9.33% from ¥11,208,432,382.18 at the end of 2021[23]. - The net assets attributable to shareholders decreased by 46.03% to ¥890,676,209.91 from ¥1,650,400,324.71 in 2021[23]. - The basic earnings per share for 2022 was -¥0.6412, a decline of 11.01% from -¥0.5776 in 2021[23]. - The weighted average return on equity was -59.53%, worsening from -31.87% in the previous year[23]. - The company reported a significant reduction in revenue from non-core activities, with total revenue after deductions amounting to ¥831,023,444.19 in 2022 compared to ¥1,444,446,978.30 in 2021[24]. - The company achieved total operating revenue of ¥859,138,435.94, a decrease of 43.38% compared to the previous year[65]. - The net profit attributable to shareholders of the parent company was -¥757,080,018.48, representing an increase in loss of 11.00% year-on-year[65]. Market Risks and Challenges - The company faces risks related to market demand decline and intensified competition, which could lead to reduced market share or gross margin[5]. - The company acknowledges the risk of bad debts from accounts receivable, which may increase as the total accounts receivable grows[5]. - The company is exposed to risks from fluctuations in raw material prices, particularly steel, which could impact profitability[6]. - The company highlighted the long production cycles (typically 1-2 years) for its products, which may lead to significant price changes during production[6]. - The company is at risk of insufficient working capital due to the long payment cycles associated with large EPC contracts[6]. - The company noted potential delays or cancellations of orders due to macroeconomic policy changes or other uncontrollable factors[6]. - The company faces challenges due to economic downturns and funding shortages, impacting new orders and project completions[68]. - The company acknowledges the risk of accounts receivable defaults and plans to strengthen process control and improve product quality to ensure timely payment collection[122]. - The company is addressing the risk of insufficient working capital by exploring various financing methods to support major project execution[123]. Strategic Focus and Future Outlook - The company's future outlook remains cautious due to potential changes in industry policies and market conditions[5]. - The company aims to become a leading domestic and internationally recognized supplier of new energy utilization systems within the next three to five years[113]. - In 2023, the company plans to focus on core businesses, including efficient clean energy coal power utilization, waste-to-energy, and biomass power generation, aiming for stable growth in order reserves and customer satisfaction[114]. - The company targets to complete no less than the established goals for photovoltaic and solar thermal EPC projects in 2023, while also promoting hydropower and compressed energy storage projects[114]. - The company anticipates that the total installed power generation capacity will reach approximately 28.1 billion kilowatts by the end of 2023, with non-fossil energy capacity expected to increase to approximately 14.8 billion kilowatts[40]. - The company is positioned to benefit from the ongoing transition to green and low-carbon energy sources, with significant growth expected in renewable energy sectors[42]. Research and Development - The company has developed a professional talent team of approximately 300 individuals specializing in R&D, design, manufacturing, and sales of power station boilers and industrial boilers, contributing to continuous technological innovation and quality management[55]. - The company holds a total of 316 patents, including invention and utility model patents, focusing on energy-saving and emission-reduction technologies[61]. - The company has successfully developed biomass boilers that can adapt to 9 different fuel types, with notable projects including the first 35t/h palm shell boiler exported to Malaysia and a 300t/h biomass boiler exported to Thailand[57]. - The company’s research and development expenses increased by 6.72% to ¥43,055,171.08, reflecting ongoing investment in innovation[66]. - The company has signed new contracts for total orders in the photovoltaic new energy and clean energy sectors, but the new signed orders for boiler equipment decreased significantly[68]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions, including upgrading the feed system and replacing the crusher, which has improved the uniformity of waste input and reduced reliance on coal[190]. - The company has conducted three public environmental open activities in 2022 to engage with the community[193]. - The company has donated over 100,000 yuan to support education for children in impoverished areas and provided essential supplies worth approximately 2 million yuan during the pandemic[198]. - The company actively participates in community service, including volunteer activities and blood donation campaigns, contributing a total of 11,400cc of blood[198]. - The company has adhered to major environmental protection laws and standards, including the Environmental Protection Law of the People's Republic of China[179]. Governance and Management - The company maintains complete independence from its controlling shareholder in terms of business, assets, personnel, organization, and finance, ensuring a fully autonomous operational capability[131]. - The company has a clear and transparent management structure, with all senior management personnel working exclusively for the company and not holding positions in the controlling shareholder's other enterprises[133]. - The company has established a robust governance structure that includes independent directors who actively participate in decision-making processes[129]. - The company has implemented a comprehensive information disclosure management system to ensure the accuracy and timeliness of its disclosures[131]. - The company has established a dedicated team to manage investor relations, enhancing transparency and communication with stakeholders[132]. Operational Efficiency - The company has established effective internal control systems covering financial, information, market, production, technology, safety, quality, investment, administration, and human resources[130]. - The company has a robust independent financial management system, operating as an independent taxpayer[134]. - The company has implemented a performance evaluation system for employees, linking compensation to specific performance metrics[164]. - The company has established a profit distribution policy that emphasizes reasonable returns to investors, maintaining continuity and stability in profit distribution practices[166]. - The company has a solid waste facility with a storage capacity of over 5000 tons for household waste, which is currently in use[185].

Group 1: Investor Relations Activity - The investor relations activity was categorized as a specific object survey [2] - Participants included Hai Tong Securities and Guo Lian Securities [2] - The meeting took place on June 24, 2015, at the Beijing branch of Huaxi Energy [2] Group 2: Key Discussion Points - Discussion on Huaxi Energy's non-public issuance to acquire Tianhe (Baoding) Environmental Engineering Co., Ltd. [2] - Overview of the company's overseas business development [2] Group 3: Company Representatives - The meeting was hosted by the board secretary, Li Wei [2]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥312,057,111.98, a decrease of 50.35% compared to ¥628,566,273.20 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was -¥330,893,079.11, representing a decline of 109.37% from -¥158,044,185.62 in the previous year[22]. - The net cash flow from operating activities increased by 101.04% to ¥78,879,793.62, compared to ¥39,235,028.21 in the same period last year[22]. - The total assets at the end of the reporting period were ¥10,858,357,410.81, down 3.12% from ¥11,208,432,382.18 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company decreased by 20.35% to ¥1,314,622,162.71 from ¥1,650,400,324.71 at the end of the previous year[22]. - The basic earnings per share were -¥0.2802, a decline of 109.42% from -¥0.1338 in the same period last year[22]. - The weighted average return on net assets was -22.28%, a decrease of 15.70% compared to -6.58% in the previous year[22]. - The company achieved total revenue of ¥312,057,111.98, a decrease of 50.35% compared to the same period last year[37]. - The company reported a net investment income of CNY 37,034,661.32, which accounted for 9.95% of the total profit, reflecting a 60.69% increase due to higher profits from long-term investments[68]. - The total comprehensive income for the first half of 2022 was a loss of CNY 353,114,372.82, compared to a loss of CNY 170,006,601.68 in the first half of 2021, reflecting a worsening of 107.5%[184]. Risks and Challenges - The company faces risks related to market demand decline and intensified competition, particularly in the power supply and municipal engineering sectors[4]. - The company acknowledges the risk of bad debts from accounts receivable, which may increase as the total accounts receivable grows[5]. - The company is exposed to risks from fluctuations in raw material prices, particularly steel, which can impact profit margins[6]. - The company highlighted the long payment cycles associated with large contracts, which may lead to insufficient working capital if payments are delayed[6]. - The company is at risk of project delays or cancellations due to macroeconomic policy changes or funding issues from clients[6]. - The company faces operational funding risks due to long payment cycles in large-scale projects, which could impact the execution of existing orders[86]. - There is a risk of inventory orders not being executed as expected due to macro policy adjustments and other uncontrollable factors, potentially leading to project delays or cancellations[87]. - The company faces risks related to declining market demand and increased competition, particularly in the boiler manufacturing and engineering contracting sectors[85]. Market and Industry Trends - The company operates in a highly competitive environment closely tied to macroeconomic conditions and industry developments[4]. - The production of power station boilers in China has been declining since 2017, with a total output of 257,362 tons in 2020, representing a year-on-year decrease of 6.50%[44]. - The share of non-fossil energy consumption in China is projected to increase from 15.8% at the end of 2020 to around 25% by 2030, with over 70% of energy increments coming from non-fossil sources[46]. - By 2050, China's non-fossil energy share is expected to reach 78%, with coal consumption decreasing by 90% compared to 2019 levels[45]. - The overall power generation capacity in China reached 2.44 billion kilowatts, with a year-on-year growth of 8.1%[40]. - The company is actively expanding into clean energy sectors such as solar thermal, wind, and nuclear power, in response to declining demand for traditional thermal power projects[38]. Operational Insights - The company operates under a "make-to-order" model due to the customized nature of its boiler products, which are high-value and have long production cycles[34]. - The company has developed a range of special boilers, including circulating fluidized bed boilers and biomass boilers, which have significant market development potential[47]. - The company has successfully exported various biomass fuel boilers, including a 300t/h boiler to Thailand, showcasing its industry-leading position in the biomass and renewable energy equipment sector[52]. - The company has a stable product quality and a comprehensive product series, which has helped establish a strong brand image in the market[51]. - The company’s R&D team includes numerous industry experts, contributing to continuous innovation and improvement in its technological capabilities[50]. Financial Management and Strategy - The company does not plan to distribute cash dividends or issue bonus shares[7]. - The company plans to enhance market development, optimize design, and improve product quality to maintain competitiveness[85]. - The company aims to ensure timely recovery of payments by improving service quality and maintaining strong client relationships[85]. - The company plans to address funding needs through self-funding, direct bank financing, capital market financing, and partnerships to ensure contract fulfillment[86]. - The company is well-positioned to capture more domestic and international engineering contract orders due to its qualifications and capabilities in power engineering[48]. Environmental Responsibility - The company has constructed two sets of flue gas purification devices, including SNCR desulfurization and denitrification equipment, which are operating normally[97]. - The wastewater treatment facilities have a processing capacity of 72 tons per day, with treated water reused for landscaping and dust control[98]. - The company has established a solid waste facility with a storage capacity of 5000 tons for domestic waste, which is functioning properly[99]. - An environmental risk prevention facility has been built, including an 800 m³ accident pool, to enhance safety measures[99]. - The company has completed its greening requirements for the factory area as part of its environmental responsibility[99]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[103]. Legal and Compliance Matters - The company has not experienced any major litigation or arbitration matters during the reporting period[118]. - The company is involved in a lawsuit with Tianfu Nan Electric Co., claiming product defects, with a total amount of 24.0776 million yuan at stake[119]. - The company is currently in litigation regarding a claim for 85.8281 million yuan from China Machinery Construction Group due to contract termination[120]. - There are no penalties or rectification measures reported during the reporting period[121]. Shareholder Information - The total number of shares outstanding is 1,180,800,000, with 82.26% being unrestricted shares[159]. - The largest shareholder, Li Renchao, holds 23.05% of the shares, totaling 272,211,184 shares, with 216,200,000 shares pledged[161]. - The company has 121,846 common stock shareholders as of the report date[161]. - The controlling shareholder, Mr. Li Renchao, held 272,211,184 shares, representing 23.05% of the total share capital, but faced judicial disposal of 104,935,504 shares due to loan guarantees[164].

Financial Performance - The company's operating revenue for 2021 was ¥1,517,242,646.81, a decrease of 31.26% compared to ¥2,207,318,678.96 in 2020[22]. - The net profit attributable to shareholders was -¥682,080,613.84, representing a decline of 46.45% from -¥465,749,056.28 in the previous year[22]. - The net cash flow from operating activities was -¥186,962,291.57, a significant drop of 598.44% compared to ¥37,509,575.80 in 2020[22]. - The total assets at the end of 2021 were ¥11,208,432,382.18, down 9.75% from ¥12,419,837,727.04 at the end of 2020[22]. - The net assets attributable to shareholders decreased by 33.49% to ¥1,650,400,324.71 from ¥2,481,358,760.81 in 2020[22]. - The basic earnings per share for 2021 was -¥0.5776, a decline of 46.45% from -¥0.3944 in 2020[22]. - The weighted average return on equity was -31.87%, a decrease of 15.96% compared to -15.91% in 2020[22]. - The company reported a significant reduction in revenue from non-core activities, with a total of ¥72,795,668.51 deducted from operating revenue in 2021[23]. - The company achieved total operating revenue of ¥1,517,242,646.81, a decrease of 31.26% compared to the previous year[62]. - The net profit attributable to shareholders was -¥682,080,613.84, representing a decline of 46.45% year-on-year[60]. - The number and amount of new orders signed decreased significantly, with a total contract amount of ¥2,922,000,000, down 33.77% from the previous year[63]. - Research and development expenses were ¥40,344,200.97, a reduction of 47.50% due to decreased new orders and project design[62]. - The company reported a gross margin of 3.28% for the mechanical engineering and boiler manufacturing sector, down from the previous year[70]. Market and Competition - The company faces risks related to market demand decline and intensified competition, which could impact market share and profit margins[5]. - The company operates in a competitive energy sector, with a focus on transitioning to non-fossil energy sources, which accounted for 47.0% of total installed capacity by the end of 2021[35]. - The company is expected to face increasing competition and must adapt to the growing demand for renewable energy and energy storage solutions[40]. - The overall installed capacity of coal power is projected to be around 11.4 billion kilowatts by the end of 2022, indicating a continued reliance on traditional energy sources[38]. - The company anticipates a continuous decline in investment in thermal power generation, with traditional thermal boiler products facing increasing market restrictions[43]. - The company has identified risks related to project delays or cancellations due to macro policy adjustments and funding arrangements[75]. - The company faces risks from declining market demand and intensified competition, particularly in the energy and public utility sectors, which are closely tied to macroeconomic conditions[120]. Research and Development - The company has developed a diverse range of boiler products, including biomass boilers and waste incineration boilers, which are expected to see significant market growth[44]. - The company is recognized as a high-tech enterprise with the capability to independently research and produce supercritical boiler systems[49]. - The company has a total of 298 patents, including invention and utility model patents, focusing on energy-saving and emission-reduction technologies[56]. - The company obtained 52 new patents during the reporting period, contributing to its technological advancements[84]. - The company's R&D investment amounted to ¥40,344,200.97 in 2021, a decrease of 47.50% compared to ¥76,843,922.56 in 2020, representing 2.66% of operating revenue, down from 3.48%[85]. - The number of R&D personnel decreased by 6.11% from 131 in 2020 to 123 in 2021, while the proportion of R&D personnel in the total workforce increased from 10.51% to 11.46%[85]. Environmental Initiatives - The company reported a significant focus on energy-efficient boilers, environmental protection boilers, and new energy utilization boilers, which are critical to its product line[5]. - The company has implemented various energy-saving measures, including promoting green procurement and paperless operations, to improve environmental efficiency[189]. - The company has completed environmental impact assessments and received approvals for its projects, with the latest approval obtained on December 10, 2021[182]. - The company has established an environmental risk prevention facility, including an 800 m³ accident pool, which is in normal standby[181]. - The company has publicly displayed its environmental monitoring data on a large screen at the factory entrance, ensuring transparency[182]. Governance and Management - The company maintains complete independence from its controlling shareholder in terms of business, assets, personnel, organization, and finance, with a fully independent R&D, production, supply, and sales system[131]. - The company has established a robust governance structure that complies with relevant laws and regulations, ensuring transparency and accountability[132]. - The company has a clear and transparent hiring process for its management team, ensuring that all senior management personnel are exclusively employed by the company and not by the controlling shareholder[133]. - The company actively engages in investor relations management, providing timely responses to investor inquiries and maintaining open communication channels[132]. - The company has established a comprehensive internal control system covering financial, information, market, production, technology, safety, quality, investment, administration, and human resources, ensuring effective supervision and guidance over operations[130]. Strategic Plans - The company aims to leverage national strategies such as the Belt and Road Initiative to expand its presence in both domestic and international clean energy markets[44]. - The company plans to collaborate with new energy investment institutions to expand into fields such as waste-to-energy, biomass, wind energy, photovoltaics, hydrogen energy, and energy storage[117]. - The company aims to optimize its asset structure in 2022, focusing on reducing high leverage and improving cash flow from core operations[112]. - The company plans to dispose of underperforming assets in the solid waste treatment project through equity transfer or cooperative management to recover funds quickly[114]. - The company is committed to becoming a leading supplier of new energy utilization system solutions within the next three to five years[111]. Employee and Stakeholder Relations - The company has a cash dividend policy that stipulates at least 10% of the distributable profit should be distributed in cash, with a cumulative distribution of at least 30% over any three consecutive years[165]. - The company reported no cash dividend distribution plan for the current year, despite having positive distributable profits[168]. - The company employs a performance-based salary system, with management on an annual salary system and other employees on a performance wage system[161]. - The company has no current plans for stock dividends or capital reserve transfers to increase share capital[168]. - The company has established a comprehensive internal control system that meets the requirements for listed companies, ensuring effective decision-making, execution, and supervision mechanisms[170].

Financial Performance - The company's operating revenue for Q1 2022 was ¥235,529,859.87, a decrease of 45.98% compared to ¥436,003,608.88 in the same period last year[3] - The net profit attributable to shareholders was -¥154,695,222.81, representing a decline of 186.21% from -¥54,049,171.99 year-on-year[3] - The net cash flow from operating activities was -¥30,713,757.72, a significant drop of 167.21% compared to ¥45,695,344.82 in the previous year[3] - The weighted average return on equity was -8.88%, down by 6.83 percentage points from -2.05% in the same period last year[3] - The company reported a trading financial asset balance of 2,090,909.80 CNY, up from 1,886,319.80 CNY at the beginning of the year[18] - Total operating revenue for Q1 2022 was CNY 235,529,859.87, a decrease of 46.9% compared to CNY 436,003,608.88 in the same period last year[22] - Total operating costs for Q1 2022 were CNY 344,489,381.37, down 33.6% from CNY 519,194,477.13 year-over-year[22] - Net loss for Q1 2022 was CNY 158,167,981.83, compared to a net loss of CNY 55,091,469.71 in Q1 2021, representing an increase in loss of 187.5%[23] - The total comprehensive income attributable to the parent company was -154,652,563.94 CNY, compared to -53,633,690.76 CNY in the previous period, indicating a significant decline[24] - The company reported a basic and diluted earnings per share of -0.1310 CNY, compared to -0.0458 CNY in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,168,639,058.17, a slight decrease of 0.36% from ¥11,208,432,382.18 at the end of the previous year[3] - Current liabilities totaled CNY 6,806,928,530.04, an increase of 1.8% from CNY 6,688,696,369.96 in the previous period[20] - Long-term borrowings amounted to CNY 2,312,680,108.33, up from CNY 2,279,619,145.83, indicating a 1.4% increase[20] - The company's cash and cash equivalents decreased from 265,812,290.33 CNY at the beginning of the year to 186,636,493.70 CNY by the end of the first quarter[18] - The company's cash and cash equivalents decreased, impacting liquidity, with total current assets at CNY 6,952,965,754.02, down from CNY 7,084,748,851.62[20] - Cash and cash equivalents at the end of the period were 40,836,633.80 CNY, down from 100,299,252.59 CNY at the end of the previous period[25] Shareholder Information - The total number of shareholders is 10, with the largest shareholder, Li Renchao, holding 23.05% of shares, amounting to 272,211,184 shares[14] - The company has a significant portion of shares pledged, with Li Renchao having 216,200,000 shares pledged out of his total holdings[14] - The shareholder structure shows a concentration of ownership, with the top three shareholders holding over 25% of the total shares[14] Expenses and Income - The company experienced a 71.82% increase in selling expenses, which amounted to ¥4,376,509.26, up from ¥2,547,123.35 year-on-year[8] - The company recorded a 346.34% increase in other income, reaching ¥5,062,820.41 compared to ¥1,134,302.29 in the previous year[8] - Research and development expenses for Q1 2022 were CNY 11,232,104.42, a decrease of 16.3% from CNY 13,422,404.66 in the previous year[22] - The company reported a significant increase in credit impairment losses of CNY 104,773,329.55 compared to a gain of CNY 8,554,419.38 in the previous year[23] Legal and Regulatory Matters - The company is currently involved in multiple ongoing litigations, including a claim for 24.08 million CNY related to product defects and a separate claim for 18.61 million USD (approximately 120 million CNY) regarding a bank guarantee[16] - The company’s financial report indicates a focus on resolving ongoing legal disputes, which may impact future financial performance[16] - The company has not disclosed any new product developments or market expansion strategies in the current report[16] - The company has not provided specific guidance for future performance in the current report[16] - The company did not conduct an audit for the first quarter report[26]

Financial Performance - The company's operating revenue for Q3 2021 was ¥211,555,108.36, a decrease of 77.01% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥83,650,102.63, reflecting a significant decline of 1,262.66% year-on-year[3]. - Basic earnings per share were -¥0.0709, representing a decrease of 809.00% year-on-year[3]. - The company reported a 59.72% decline in operating revenue for the year-to-date period, totaling ¥840,121,381.56[11]. - Total operating revenue for Q3 2021 was ¥840,121,381.56, a decrease of 59.8% compared to ¥2,085,913,436.06 in the same period last year[24]. - The net profit for Q3 2021 was a loss of ¥244,990,245.76, compared to a profit of ¥18,296,912.38 in Q3 2020, marking a significant decline[25]. - The company reported a comprehensive income total of -¥244,581,912.19 for Q3 2021, compared to ¥18,769,421.63 in the previous year[26]. - Basic and diluted earnings per share for Q3 2021 were both -¥0.2047, a decrease from ¥0.0173 in Q3 2020[26]. Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥37,673,268.40, down 89.96% compared to the previous year[3]. - Cash flow from operating activities generated a net cash inflow of ¥37,673,268.40, down 89.9% from ¥375,199,298.99 in the same quarter last year[27]. - The cash received from sales of goods and services was ¥923,507,086.13, down 53.85% year-on-year[13]. - The company reported a significant increase of 1,415.15% in cash received from investment activities, totaling ¥15,000,000.00[14]. - The cash and cash equivalents at the end of the period totaled 183,041,724.20, compared to 398,042,970.50 at the end of the previous year[28]. - The company's current assets decreased to CNY 7,725,405,517.22 from CNY 8,551,205,699.63, reflecting a decline of approximately 9.7%[22]. - Accounts receivable decreased to CNY 1,313,672,832.53 from CNY 1,619,358,908.57, representing a reduction of about 19%[21]. - Inventory levels decreased to CNY 878,029,920.57 from CNY 982,824,017.42, indicating a decline of approximately 10.6%[22]. Liabilities and Equity - Total liabilities increased to CNY 9,871,657,105.15 from CNY 9,753,908,617.53, marking an increase of about 1.2%[23]. - The company's equity attributable to shareholders decreased to CNY 2,239,007,717.40 from CNY 2,481,358,760.81, a decline of about 9.8%[23]. - Long-term borrowings increased to CNY 2,423,500,000.00 from CNY 2,224,500,000.00, reflecting an increase of approximately 8.9%[23]. - The company's short-term borrowings remained relatively stable at CNY 2,190,400,000.00 compared to CNY 2,198,450,000.00 in the previous period[23]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 62,307[16]. - The largest shareholder, Li Renchao, holds 23.05% of shares, totaling 272,211,184 shares, with 216,200,000 shares pledged[16]. - The second-largest shareholder, Jiang Zhongping, holds 2.22% of shares, totaling 26,218,895 shares[16]. - The top ten shareholders collectively hold significant stakes, with the first three shareholders accounting for 26.43% of total shares[16]. - The company’s shareholder structure shows a concentration of ownership, which may impact governance and decision-making processes[16]. Legal Matters - The company has ongoing litigation involving claims of 24.0776 million yuan related to product defects from a contract signed in 2005[18]. - A separate lawsuit involves a contract worth 186.1 million USD with Indian TRN ENERGY PVT.LTD, with a claim for 12 million yuan currently in court[18]. - The company has terminated contracts with China Machinery Construction Group due to severe delays, with claims totaling 85.8281 million yuan pending in court[18]. - The company is involved in multiple legal disputes, indicating potential financial implications and operational challenges[18]. - The report highlights the importance of monitoring shareholder dynamics and ongoing legal matters for future strategic decisions[17]. Research and Development - Research and development expenses decreased by 34.74% to ¥46,585,276.91 compared to the same period last year[11]. - Research and development expenses for Q3 2021 were ¥46,585,276.91, a decrease of 34.7% compared to ¥71,378,762.08 in Q3 2020[24]. Financial Adjustments and Standards - The company did not require adjustments to the beginning balance sheet items under the new leasing standards[30]. - The company did not engage in any new leasing arrangements that would necessitate adjustments to the financial statements[30]. - The third-quarter report was not audited, indicating a potential area for further scrutiny[31]. Other Financial Metrics - The company incurred financial expenses of ¥177,960,103.80, which included interest expenses of ¥180,632,586.07, up from ¥168,582,280.79 in the previous year[24]. - The company reported an increase in tax and additional fees to ¥13,475,809.11, compared to ¥10,518,996.61 in the same period last year[24]. - The net cash flow from investment activities was -118,266,246.31, a significant decrease compared to -1,209,111,219.01 from the previous year[28]. - Total cash inflow from financing activities amounted to 1,808,700,000.00, while cash outflow was 1,689,018,506.90, resulting in a net cash flow of 119,681,493.10[28]. - Cash received from borrowings was 1,793,700,000.00, a decrease from 2,903,948,333.33 in the previous year[28]. - The impact of exchange rate fluctuations on cash and cash equivalents was -22,378.22, reflecting a minor negative effect[28].