Financial Performance - The company's operating revenue for 2022 was ¥2,568,665,761.33, a decrease of 46.48% compared to ¥4,799,436,513.85 in 2021[23]. - The net profit attributable to shareholders was -¥1,509,264,909.26 in 2022, a significant decline from a profit of ¥46,989,526.76 in 2021, representing a decrease of 3,311.92%[23]. - The net cash flow from operating activities was -¥369,820,281.38, down 49.43% from -¥247,488,605.72 in the previous year[23]. - The total assets at the end of 2022 were ¥17,217,672,220.53, a reduction of 9.79% from ¥19,086,037,664.69 at the end of 2021[23]. - The net assets attributable to shareholders decreased by 31.16% to ¥3,330,167,232.11 from ¥4,837,534,222.86 in 2021[23]. - The basic earnings per share for 2022 were -¥0.90, compared to ¥0.03 in 2021, reflecting a decline of 3,100.00%[23]. - The company reported a weighted average return on equity of -37.40% in 2022, a decrease of 38.43 percentage points from 1.03% in 2021[23]. - The company reported a total revenue of 389.127 million in 2022, with a projected growth to 700 million by 2025, indicating a compound annual growth rate (CAGR) of approximately 18.5%[139]. - The company reported a significant increase in revenue for 2022, reaching approximately 1.2 billion yuan, representing a year-over-year growth of 15%[161]. - The company reported a net profit margin of 12% for 2022, reflecting improved operational efficiency compared to 10% in 2021[162]. Business Operations and Strategy - The company has undergone changes in its business scope since its listing, focusing on landscape engineering and municipal projects[20]. - The company has established a dual main business structure of "ecological environment + cultural tourism," enhancing its competitive edge[61]. - The company aims to transition from a construction-focused enterprise to a platform enterprise, emphasizing resource integration and professional management[115]. - The company plans to optimize its order structure and business layout, focusing on high-potential regions such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta[116]. - The company aims to enhance its ecological and cultural tourism dual-drive strategy, aiming for significant breakthroughs in comprehensive investment and operation projects[117]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and diversify its portfolio[143]. - The company is focusing on expanding its market presence and enhancing its product offerings as part of its strategic initiatives for future growth[143]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[200]. Governance and Management - The company has established a governance structure in compliance with relevant laws and regulations, ensuring effective internal control and operation[129]. - The board of directors consists of 9 members, including 3 independent directors, fulfilling legal requirements and maintaining the interests of minority shareholders[129]. - The company has implemented various governance systems, including insider information management and investor relations management, ensuring accurate and timely information disclosure[132]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring autonomous operational capabilities[133]. - The company has a clear governance structure with independent directors, including Huang Lei, who received 8.24 million CNY as remuneration[154]. - The company has a structured approach to compensation, ensuring that it reflects both company performance and individual contributions[153]. - The company has established a complete independent financial accounting system, ensuring independent financial decision-making[199]. Research and Development - The company has invested 100 million RMB in research and development for innovative technologies in ecological tourism[150]. - The company is investing 100 million yuan in R&D for new technologies aimed at enhancing user experience and operational efficiency[161]. - The company has completed research on rapid recovery technology for mangrove wetlands, aiming to enhance ecological restoration and management[86]. - The R&D focus includes the establishment of a practical technology system for rapid recovery of mangrove vegetation, which is expected to improve ecological service value[86]. - The company aims to create a low-cost, low-maintenance artificial wetland system for rural wastewater treatment, enhancing resource recycling efficiency[86]. Market Trends and Opportunities - The demand for urban landscaping and ecological restoration is expected to grow due to increasing urbanization and environmental concerns, with urban green space increasing from 2.3678 million hectares in 2012 to 3.4798 million hectares in 2021[38]. - The overall market demand for ecological restoration services is anticipated to expand due to stricter environmental regulations and increasing public awareness of ecological issues[40]. - The company is aligned with national policies promoting ecological protection and restoration, which are expected to drive industry growth[41]. - The domestic tourism market is expected to see approximately 4 trillion yuan in revenue in 2023, representing a year-on-year growth of about 89% and recovering to 71% of 2019 levels[46]. Financial Management and Funding - The company plans to raise 1 billion RMB through a private placement of 417 million shares to alleviate liquidity pressure, with the proposal already approved by the board and shareholders[75]. - The company has established a commitment to manage its assets in accordance with the Company Law of the People's Republic of China[196]. - The company has committed to various projects, with a total investment of RMB 64,792,000.00 in the Linyi River comprehensive treatment project, achieving 55.81% of the expected progress by October 31, 2023[105]. - The company has raised a total of 660 million yuan from the public offering of convertible bonds, with a net amount of 647.92 million yuan after deducting issuance costs[101]. Challenges and Risks - The company has faced uncertainty regarding its ability to continue as a going concern, as indicated by the negative net profits over the last three accounting years[23]. - The company faces risks from local government funding delays, which could impact cash flow, prompting a strategic shift to focus on economically robust regions[118]. - The company is also addressing risks related to market competition, goodwill impairment, and legal disputes, which could adversely affect its operational performance[119][120][122]. Corporate Social Responsibility - Lingnan Ecological Culture and Tourism Co., Ltd. actively participates in poverty alleviation and rural revitalization projects, including the Xinjiang Green Beautiful Southern Xinjiang Forestry Industrial Park and the Tibet Lhasa Water Conservancy Hub project[189]. - The company has developed a high-efficiency management model for rural revitalization, enhancing the happiness of local residents through projects like the Jishui County Jin Tan Town Luohuling Agricultural Tourism Boutique Village[191]. - The company is committed to sustainability, with plans to reduce carbon emissions by 30% by 2025 as part of its corporate social responsibility initiatives[139].

证券代码：002717 证券简称：岭南股份 | --- | --- | --- | |----------|---------------|----------------------------| | | □特定对象调研 | □分析师会议 | | 投资者关 | □媒体采访 | 业绩说明会 | | 系活动类 | □新闻发布会 □ | 路演活动 | | 别 | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | 参与单位 参与公司 2022 年度网上业绩说明会的投资者 名称及人 员姓名 时间 2023 年 5 月 9 日 地点 全景•路演天下（http://rs.p5w.net） 联席董事长、总裁 尹洪卫先生 上市公司 董事、副总裁、董事会秘书 张平先生 接待人员 独立董事 黄雷先生 姓名 副总裁、财务总监 邹国威先生 为便于广大投资者更深入全面地了解公司情况，公司举行了 2022 年 度业绩说明会，就发展战略、业绩情况、经营状况等问题，与投资者进 投资者关 行了充分的沟通交流。业绩说明会的主要问答情况如下： 系活动主 Q1：请介绍公司的核心业务？ 要内容介 岭南股份紧紧围绕"生态+文旅"两 ...

证券代码：002717 证券简称：岭南股份 公告编号：2023-031 岭南生态文旅股份有限公司 出席本次年度业绩说明会的人员有：公司联席董事长、总裁尹洪卫先生，董事、 副总裁兼董事会秘书张平先生，副总裁兼财务总监邹国威先生，独立董事黄雷先生。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 8 日(星期一)15:00 前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专 题页面。公司将在 2022 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本次网上说明会。 关于举行2022年度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的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 岭南生态文旅股份有限公司（以下简称"公司" ）2022 年年度报告全文及其 报告摘要于 2023 年 4 月 29 日刊登在公司指定信息披露媒体巨潮资讯网（www.cn info.com.cn）。为了更好地与广大投资者进行交流，使投资者能够进一 ...

Financial Performance - Lingnan Eco & Culture-Tourism Co., Ltd. reported no cash dividends or stock bonuses for the fiscal year 2022[7]. - The company’s financial report for 2022 was confirmed to be true, accurate, and complete by the board of directors and management[6]. - The report period for the financial statements covers from January 1, 2022, to December 31, 2022[15]. - The company's operating revenue for 2022 was ¥2,568,665,761.33, a decrease of 46.48% compared to ¥4,799,436,513.85 in 2021[23]. - The net profit attributable to shareholders was -¥1,509,264,909.26, representing a decline of 3,311.92% from ¥46,989,526.76 in the previous year[23]. - The net cash flow from operating activities was -¥369,820,281.38, a decrease of 49.43% compared to -¥247,488,605.72 in 2021[23]. - The basic earnings per share dropped to -¥0.90 from ¥0.03 in 2021, marking a decline of 3,100.00%[23]. - Total assets at the end of 2022 were ¥17,217,672,220.53, down 9.79% from ¥19,086,037,664.69 at the end of 2021[23]. - The net assets attributable to shareholders decreased by 31.16% to ¥3,330,167,232.11 from ¥4,837,534,222.86 in 2021[23]. - The company reported a significant drop in net profit after deducting non-recurring gains and losses, with a figure of -¥1,527,293,518.92 for 2022[24]. - The company is facing uncertainty regarding its ability to continue as a going concern, as indicated by the negative net profit figures over the last three accounting years[23]. Business Operations and Strategy - The company has undergone changes in its business scope since its listing, focusing on landscape engineering and municipal projects[20]. - The company aims to enhance its market presence through strategic expansions in ecological restoration and cultural tourism, aligning with national green development goals[35]. - The management emphasizes the importance of ecological safety and sustainable development as key components of its operational strategy[37]. - The company is actively involved in government-funded public infrastructure projects, which are crucial for urban landscape and ecological restoration efforts[38]. - The company has established a dual main business structure of "ecological environment + cultural tourism," enhancing its competitive position in the industry[61]. - The company is focusing on optimizing its management model to enhance operational efficiency and resource allocation[64]. - The company aims to deepen collaboration across its three major segments: ecological environment construction, water environment governance, and cultural tourism[63]. - The company is focusing on high-quality projects with fast payment cycles and good operational efficiency to enhance development quality[118]. Market Trends and Future Outlook - The environmental protection and restoration sector is expected to grow due to increasing urbanization and demand for ecological services, with urban green space expanding from 2.3678 million hectares in 2012 to 3.4798 million hectares in 2021[38]. - The 2023 domestic tourism market is expected to see approximately 4.5 billion tourists, a year-on-year increase of 73%, recovering to about 76% of 2019 levels[46]. - The expected domestic tourism revenue for 2023 is around 4 trillion yuan, representing a year-on-year growth of approximately 89%, recovering to about 71% of 2019 levels[46]. - The company is exploring market expansion opportunities, particularly in the cultural tourism sector, but lacks specific numerical targets[125]. Risk Management - The company has faced no significant risks that could materially impact its operations during the reporting period[6]. - The management has outlined potential risks that the company may encounter in the future, which are detailed in the report[6]. - The company reported a significant increase in impairment provisions due to delayed payments and longer aging of receivables, leading to a year-on-year increase in impairment reserves[69]. - The company is facing multiple legal disputes, which may lead to uncertain costs and negatively affect its operational performance[122]. Governance and Compliance - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements and maintaining the interests of minority shareholders[129]. - The company has established a strategic partnership with Tencent for tourism projects, enhancing its market position in the Greater Bay Area[126]. - The company has implemented a reasonable selection mechanism for senior management personnel, ensuring effective control over daily operations[131]. - The company has established a clear framework for shareholder rights and obligations, adhering to relevant laws and regulations[196]. - The company emphasizes the importance of transparency in its financial dealings and governance practices[196]. Research and Development - The company has a total of 469 authorized patents and 58 high-tech products, reflecting its commitment to research and innovation[66]. - R&D investment amounted to ¥99,232,069.18 in 2022, a decrease of 48.71% from ¥193,463,128.00 in 2021[86]. - The company aims to develop a low-cost, efficient decentralized wastewater treatment technology using fast-growing plants and composite microbial agents[85]. - The company is conducting research on the carbon sequestration capacity of typical landscaping plants in South China, establishing a carbon sink capability information database[86]. Human Resources and Management - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 858.92 million CNY[154]. - The company has a performance-based remuneration system for its directors and senior management, which is assessed annually[153]. - The company has established a systematic incentive system tailored for various subsidiaries and business lines, significantly enhancing the retention of core talent[169]. - The company’s training program, launched in March 2017, aims to cultivate composite talents aligned with strategic development needs[170]. Social Responsibility - The company has actively participated in social responsibility initiatives, including poverty alleviation and rural revitalization efforts, aligning with national strategies[188]. - Lingnan Ecological Cultural Tourism Co., Ltd. actively participates in rural revitalization projects, enhancing community happiness through effective management models[191]. - The company is involved in the design and construction of the Jin Tan Town Luohuling Agricultural Tourism Boutique Village project, integrating leisure agriculture and cultural experiences[191].

Financial Performance - The company's revenue for Q1 2023 was ¥501,079,284.71, representing a 7.96% increase compared to ¥464,152,292.84 in the same period last year[4] - The net loss attributable to shareholders was ¥50,525,000.29, an improvement of 15.47% from a loss of ¥59,771,017.79 in the previous year[4] - The basic earnings per share were -¥0.0301, an improvement of 15.21% from -¥0.0355 in the same period last year[4] - Net profit for the first quarter was a loss of CNY 52,349,866.80, compared to a loss of CNY 59,739,006.57 in the same period last year, indicating an improvement[31] - The net profit attributable to the parent company for Q1 2023 was -50,525,000.29 CNY, compared to -59,771,017.79 CNY in Q1 2022, showing an improvement of approximately 15.5%[32] - The total comprehensive income attributable to the parent company was -50,525,000.29 CNY, compared to -59,763,919.76 CNY in the previous year, indicating a reduction in losses[32] - The company’s total comprehensive income for Q1 2023 was -52,349,866.80 CNY, compared to -59,722,107.94 CNY in Q1 2022, showing a reduction in overall losses[32] Cash Flow - The net cash flow from operating activities was -¥279,453,669.55, a significant decline of 355.66% compared to -¥61,328,790.06 in the same period last year[4] - Cash inflows from operating activities totaled 1,042,792,058.86 CNY, down from 1,584,708,755.57 CNY in the previous year, representing a decrease of approximately 34.3%[34] - Cash outflows from operating activities amounted to 1,322,245,728.41 CNY, compared to 1,646,037,545.63 CNY in the previous year, reflecting a decrease of about 19.7%[34] - The net cash flow from financing activities was 21,429,863.04 CNY, compared to -338,665,669.73 CNY in the previous year, indicating a significant turnaround[34] - The company reported a total cash inflow from financing activities of 987,077,505.00 CNY, up from 517,648,949.66 CNY in Q1 2022, an increase of approximately 90.5%[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,536,518,663.62, down 3.96% from ¥17,217,672,220.53 at the end of the previous year[4] - Current liabilities totaled CNY 11,408,878,562.67, a slight decrease from CNY 11,739,967,997.74[28] - Long-term borrowings decreased to CNY 825,124,979.09 from CNY 1,144,824,979.09, showing a reduction of 28%[28] - The company's total equity attributable to shareholders decreased by 1.50% to ¥3,280,077,176.98 from ¥3,330,167,232.11 at the end of the previous year[4] Investments and Expenses - The company reported a 105.50% increase in investment income, amounting to ¥1,078.83 million, due to higher returns from joint ventures and associates[15] - The company experienced a 41.76% decrease in selling expenses, amounting to ¥5,595,900, attributed to fewer project tenders during the Spring Festival[13] - The company's intangible assets increased by 38.69% to ¥24,888,200, mainly due to the purchase of land use rights[8] - Total operating costs amounted to CNY 588,229,158.08, up from CNY 576,210,763.09, reflecting a rise of 2.3%[31] - The company reported an increase in research and development expenses to CNY 21,939,032.60 from CNY 20,751,756.10, indicating a focus on innovation[31] Shareholder Information - As of December 31, 2022, the top shareholder, Yin Hongwei, held 291,848,971 shares, representing 17.32% of the total share capital, and has delegated voting rights to Huaying Industrial Investment[23] - Huaying Industrial Investment holds 84,260,000 shares and controls a total of 376,108,971 shares through voting rights delegation, making it the controlling shareholder[23] - The company has a total of 116,122 common stock shareholders at the end of the reporting period[22] - The top ten shareholders hold a combined 26.76% of the company's shares, with Yin Hongwei being the largest shareholder[22] Debt Management - The company is actively communicating with stakeholders regarding repayment plans for outstanding debts, totaling 84,144,000.03 yuan[24] - The company plans to take legal action if the outstanding debts are not repaid by the specified deadlines[24] - The company reported a significant increase in borrowings, contributing to the positive cash flow from financing activities[22]

Group 1: Digital Transformation and Strategy - The company is accelerating its digital transformation, focusing on areas such as digital virtual humans, VR/AR, immersive experiences, holographic technology, and digital cultural tourism [2] - Hengrun Group, a subsidiary, is leveraging its advanced multimedia technology to capture opportunities in the digital economy, particularly in cultural data and digital asset transactions [3] - Strategic agreements with Tencent aim to integrate cloud computing and AI technologies into cultural tourism projects, enhancing the online presence of physical venues [3][4] Group 2: Market Recovery and Growth Potential - The overall demand in the cultural tourism sector is recovering, with domestic tourism during the Spring Festival reaching 308 million trips, a 23.1% increase year-on-year, recovering to 88.6% of 2019 levels [4] - The company anticipates rapid recovery in its cultural tourism business, driven by favorable policies and diverse cultural activities stimulating consumer spending [4] Group 3: Core Business Areas - The company focuses on three core business areas: ecological environment construction, water management, and cultural tourism, with a comprehensive operational capability across the entire industry chain [5] - Cultural tourism services include planning and design of themed cultural tourism, creative design of theme parks, investment, construction, marketing, and operation [5]

Group 1: Company Overview and Achievements - Lingnan Ecological Culture Tourism Co., Ltd. has been recognized as a "Quality Construction Enterprise" in Dongguan for three consecutive years, highlighting its strong presence in the Greater Bay Area [2][3] - The Dongbao Park project, awarded as one of the "Top Ten Examples of Ecological Restoration in Guangdong," transformed a wasteland into a vibrant ecological wetland park, attracting significant public interest [3] - The company has received over 30 national and provincial awards, establishing a strong brand image and competitive position in the industry [4] Group 2: Business Strategy and Core Competencies - The company focuses on two strategic directions: "Ecology + Cultural Tourism," aiming to enhance urban and rural quality through its core businesses in ecological environment construction, water management, and cultural tourism [4][5] - It possesses top-level qualifications in various sectors, including first-class qualifications in water conservancy and hydropower construction, and has a comprehensive operational capability across the entire industry chain [4] Group 3: Financial Performance and Market Outlook - Prior to the pandemic, the cultural tourism segment contributed approximately 30% to the company's annual profits, indicating its significance as a growth driver [4] - With the easing of pandemic restrictions and favorable national policies, the company anticipates a rapid recovery in its tourism-related businesses, potentially leading to substantial revenue contributions in 2023 [4] Group 4: Recent Projects and Collaborations - The company has signed a strategic cooperation agreement with Tencent, leading to specific projects in the metaverse, enhancing visitor experiences through immersive technology [5] - Recently, the company announced a winning bid for the "Maowan Flood Control and Drainage Improvement Project," valued at approximately 345 million yuan, emphasizing its role in critical infrastructure development [5][6]