目前公司业务分为四大板块：绿地养护、文旅运营、生态修复、林业 碳汇四大业务板块。 绿地养护板块：绿地养护业务合同周期性长，能够给公司带来持续稳 定的收入和利润增长。近两年公司绿地养护收入在总收入的占比不断 提升，2022 年实现养护收入 2.46 亿元，占全年收入 42%，与 2021 年 相比增加 24%。现有绿地养护面积 4700 万平方米，其中 2022 年新增 养护面积 1300 万平方米。就绿地养护市场规模来看，是千亿级市场。 公司的绿地养护业务主要聚集在京津冀、内蒙、山东、河南、川渝等 地，这些区域的绿地养护市场规模在 800-900 亿元。公司重点发展绿 地养护业务：一是因为市场空间大，二是公司自身优势：1）创新的 业务模式，将绿地养护和文旅运营结合到一起；2）与一些金融机构 共同推进绿地养护新的融资模式；3）利用技术和研发优势，用科研 赋能绿地养护业务，在绿地养护上推进机械化智慧化以实现降低成 本，提高效率，实现养护标准化管理。 文旅运营板块：2021 年公司开始布局文旅业务，成立全资子公司森氧 文旅，子公司森氧文旅主打的口号是绿色空间的综合运营商，主要从 事绿色空间的运营及生态文旅开发。绿色 ...

证券代码：002887 证券简称：绿茵生态 IP 开发：嚒嚒兽梦幻森林是森氧文旅自有团队全程开发的 IP。在过去 两年，一直在做大量以嚒嚒兽为主题的亲子类活动，希望通过主题活 动巡演、开园仪式等活动来不断强化主题。与此同时，我们还开发了 以嚒嚒兽为核心的衍生产品，涉及到文创、餐饮、手办玩偶等。对于 嚒嚒兽 IP，我们是有信心的。我们现在在梳理整个零售产品和产品运 营管理的手册。预计是在明年的时候，可能会在全国再开 2-3 个嚒嚒 兽梦幻森林项目。 生态修复板块：一方面绿地养护的收入占比在不断提升，另一方面生 态修复业务也在不断增加拿单量。依托于前期已经积累的技术优势， 公司也在积极的参与新疆和西藏等地区的生态工程建设。近期，在西 藏也会有项目落地。 林业碳汇板块：目前在做四方面工作：1）依托现有的林地资源进行 碳汇产品开发；2）我林业碳汇的监测和计量；3）筹建碳汇数字化平 台；3）依托研究院的技术研发优势，在增加绿地系统碳汇量上也在 做一些工作。各方预计 CCER 交易管理办法在今年有望出台，出台后 对林业碳汇业务发展有促进作用，一方面是我们林地开发出的碳汇产 品可以进行交易，另一方面我们也在储备碳汇的监测和 ...

Financial Performance - The company's operating revenue for 2021 was ¥585,088,674.37, a decrease of 38.29% compared to ¥948,195,142.03 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥166,040,887.63, down 41.00% from ¥281,427,620.35 in 2020[20] - The net cash flow from operating activities was negative at ¥-177,237,922.05, a decline of 162.70% compared to ¥282,691,602.49 in 2020[20] - Basic earnings per share for 2021 were ¥0.54, a decrease of 40.00% from ¥0.90 in 2020[20] - The company reported a significant decline in net profit after deducting non-recurring gains and losses, which was ¥146,710,966.33, down 44.36% from ¥263,659,216.89 in 2020[20] - The company's operating costs for 2021 were approximately ¥358.46 million, down 37.65% from ¥574.89 million in 2020, reflecting the same decrease in construction volume[55] - The company reported a net cash flow from financing activities increased significantly by 281.85% to ¥778,097,304.04, compared to ¥203,768,271.27 in the previous year, primarily due to the successful issuance of convertible bonds[75] - The company reported an investment income of ¥92,579,141.67, accounting for 47.10% of the total profit, mainly from financing income recognized from PPP projects[76] Assets and Liabilities - Total assets at the end of 2021 were ¥4,406,745,416.69, an increase of 21.55% from ¥3,625,480,287.29 at the end of 2020[21] - The net assets attributable to shareholders were ¥2,199,953,036.37 at the end of 2021, up 2.53% from ¥2,145,598,460.95 at the end of 2020[21] - The company has a financing amount of 10.04 billion yuan from bank loans and 7.12 billion yuan from convertible bonds, with varying interest rates for each financing method[48] - Long-term borrowings increased to ¥843,951,939.20, representing 19.15% of total assets, up by 2.91% primarily due to long-term borrowings for PPP projects[79] - The total investment amount for the reporting period was ¥80,000,000, reflecting a significant increase of 3,233.33% compared to the previous year[84] Business Strategy and Development - The company is focusing on optimizing its business structure and enhancing its market layout to strengthen its ecological restoration market[32] - The company is actively exploring forestry carbon sink projects and cultural tourism operations to align with national carbon neutrality goals[33] - A strategic cooperation framework has been established with several organizations to promote forestry carbon sinks and support the achievement of carbon peak and neutrality targets[33] - The company is transitioning towards a dual-driven development model of "engineering + operation and maintenance" to adapt to market changes[32] - The company aims to enhance brand value and become a leading brand in building a beautiful China, leveraging industry development opportunities[40] - The company is committed to becoming a leading brand in ecological environment construction and aims for sustainable and rapid development over the next two years[99] Research and Development - The company has established four provincial-level R&D platforms and is the first municipal key laboratory in Tianjin for ecological environment construction[40] - The company is developing new technologies for saline-alkali land remediation, which aims to enhance its core competitiveness in this field[69] - The company has ongoing projects focused on irrigation control technology for slope vegetation, which aims to improve survival rates of planted trees and reduce water resource consumption[70] - The company's R&D investment amounted to ¥29,985,743.14 in 2021, a decrease of 7.77% from ¥32,511,998.71 in 2020, while the R&D investment as a percentage of operating revenue increased to 5.12% from 3.43%[72] - The number of R&D personnel increased to 62 in 2021, representing 20.60% of the total workforce, up from 16.31% in 2020[72] Corporate Governance - The company has established a comprehensive corporate governance structure, ensuring compliance with relevant laws and regulations[108] - The board of directors consists of seven members, including three independent directors, ensuring a balanced decision-making process[108] - The company has set up specialized committees to enhance governance, with independent directors leading most of these committees[109] - Information disclosure practices are in place to ensure transparency and equal access to information for all shareholders[110] - The management structure is independent, with no overlap in personnel between the company and its controlling shareholders[112] Social Responsibility and Sustainability - The company actively engaged in ecological landscape restoration projects and promoted green low-carbon practices, including energy-saving measures[152] - The company donated approximately 520,000 RMB to various charitable causes, including 30,000 RMB to the Alashan Ecological Association and 340,000 RMB for flood relief in Henan[154] - The company is committed to fulfilling its social responsibilities by providing high-quality professional services in environmental governance and ecological protection[154] - The company has implemented measures to reduce carbon emissions and promote a paperless office environment[152] Market Expansion and Future Outlook - The company plans to deepen its market layout in the Beijing-Tianjin-Hebei region and strengthen its presence in Henan and Shandong while developing markets in Guangxi and Xinjiang[100] - The market size for carbon sink afforestation projects is estimated to reach 22.5 billion yuan by 2030, with the company planning to actively participate in these projects[101] - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[161] - New product development includes the launch of an innovative eco-friendly landscaping solution, expected to contribute an additional 200 million RMB in revenue[162] Employee Management and Development - The company has a total of 301 employees, including 177 from the parent company and 124 from major subsidiaries[137] - The professional composition includes 177 production personnel, 20 sales personnel, 65 technical personnel, 8 financial personnel, and 31 administrative personnel[138] - The company conducts annual training for new employees, focusing on corporate history, culture, and regulations to ensure quick adaptation to the company's operational pace[141] - The company emphasizes a mentorship model for training, pairing experienced staff with new hires to facilitate knowledge transfer and professional development[140] Financial Management - The company has maintained a healthy financial status with no interest-bearing debt other than PPP project loans, positioning itself well for future business expansion[54] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 1,199.66 million[127] - The company has a structured remuneration decision-making process based on performance and company salary policies[125] - The company has no current employee stock ownership plans or other incentive measures in place[144]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 324,744,750, a decrease of 11.29% compared to CNY 366,078,790 in the same period last year[20]. - The net profit attributable to shareholders was CNY 98,398,651.77, down 10.71% from CNY 110,203,895.66 year-on-year[20]. - The basic earnings per share decreased by 10.70% to CNY 0.3154 from CNY 0.3532 in the same period last year[20]. - The company reported a total profit for the first half of 2022 of CNY 115,963,814.25, a decrease of 10.7% from CNY 129,796,727.07 in the same period of 2021[148]. - The total comprehensive income for the first half of 2022 was CNY 99,045,803.56, down from CNY 111,445,917.88 in the same period of 2021[149]. - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[147]. Cash Flow and Financial Stability - The net cash flow from operating activities improved by 52.68%, reaching -CNY 80,872,453.56 compared to -CNY 170,914,559.13 in the previous year[20]. - The net cash flow from investment activities surged by 4,408.13% to CNY 228,802,982.25, primarily due to the redemption of financial products[41]. - The net cash flow from financing activities increased by 273.09% to CNY 202,275,502.65, driven by long-term loan financing for PPP projects[41]. - The company's total cash and cash equivalents at the end of the first half of 2022 reached 1,575,793,174.48 CNY, up from 798,278,536.65 CNY at the end of the first half of 2021, marking a 97.4% increase[155]. - The cash interest coverage ratio decreased significantly to -0.07, down by 81.58% from -0.38 in the previous year[135]. - The company’s current ratio improved to 4.02, up by 6.18% from 3.79 at the end of the previous year[134]. Assets and Liabilities - Total assets increased by 6.53% to CNY 4,694,457,882.03 from CNY 4,406,745,416.69 at the end of the previous year[20]. - The total liabilities increased to CNY 2,335,552,026.04 as of June 30, 2022, compared to CNY 2,147,011,336.69 at the start of the year[146]. - Long-term borrowings rose to CNY 1,001,387,696.65 as of June 30, 2022, compared to CNY 843,951,939.24 at the beginning of the year[146]. - The company's total equity reached CNY 2,358,905,855.99 as of June 30, 2022, up from CNY 2,259,734,080.00 at the beginning of the year[146]. Business Strategy and Market Development - The company is focusing on ecological restoration and maintenance operations as its two main business lines, supported by ecological tourism and forestry carbon sinks[30]. - The company is actively developing forestry carbon sink projects to align with national goals of carbon peak by 2030 and carbon neutrality by 2060[32]. - The company is enhancing its market development operations, particularly in the Beijing-Tianjin-Hebei region, and expanding into new markets like Guangxi and Xinjiang[32]. - The company plans to optimize its market layout by focusing on four major regions: Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macau Greater Bay Area, and Chengdu-Chongqing area[62]. - The company is actively pursuing market expansion and new project developments as indicated by the ongoing investments in various ecological projects[60]. Research and Development - The company has established four provincial-level R&D platforms and is recognized as a national high-tech enterprise[31]. - Research and development expenses amounted to CNY 20,695,629.65, a slight decrease of 3.08% from CNY 21,352,913.78 in the previous year[40]. - The company has invested 100 million RMB in R&D for innovative ecological construction technologies, aiming to improve operational efficiency by 30%[85]. Risks and Challenges - The company has outlined potential risks and countermeasures in its report, emphasizing the importance of risk awareness for investors[3]. - The company faces risks related to policy changes, particularly in financing for construction projects, which could negatively impact operational performance and cash flow[68]. - High accounts receivable levels pose a risk of bad debt losses, especially if client financial conditions deteriorate[68]. Shareholder and Governance Matters - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company has committed to not transferring or entrusting others to manage its shares for 36 months from the date of stock issuance[82]. - The company has maintained normal compliance with its shareholding commitments since its IPO in July 2017[82]. - There were no significant changes in the board of directors, supervisors, or senior management during the reporting period[73]. Legal and Compliance Issues - The company is involved in an arbitration case with Inner Mongolia Qingshan Cultural Tourism Investment Co., Ltd. with a disputed amount of 43.75 million yuan, which is not expected to result in a liability[91]. - The company reported a total of 56.8 million yuan in a first-instance judgment requiring payment to a construction company, which is currently under review by the Tianjin High Court[92]. - The company has no significant related party transactions during the reporting period, including no asset or equity acquisitions or sales[93][94].

Financial Performance - The company's operating revenue for Q1 2023 was ¥64,921,409.62, a decrease of 26.57% compared to ¥88,408,414.71 in the same period last year[5] - Net profit attributable to shareholders was ¥33,027,460.48, representing an increase of 14.76% from ¥28,778,762.74 year-on-year[5] - The basic earnings per share increased by 22.22% to ¥0.11 from ¥0.09 in the previous year[5] - Total operating revenue for the current period is $64.92 million, down 26.5% from $88.41 million in the previous period[17] - Net profit for the current period is $33.46 million, representing an increase of 15.9% from $29.01 million in the previous period[18] - Basic and diluted earnings per share increased to $0.11, up from $0.09 in the previous period[18] - The company reported a total profit of $40.17 million, up 19.0% from $34.56 million in the previous period[18] Cash Flow and Expenses - The cash flow from operating activities showed a net outflow of ¥44,150,559.43, worsening from a net outflow of ¥2,803,078.55 in the same period last year[5] - Cash flow from operating activities generated a net outflow of $44.15 million, an improvement from a net outflow of $90.52 million last year[20] - The company’s financial expenses decreased by 79.98% to ¥1,794,628.98 from ¥8,962,410.36 in the previous year[9] - Research and development expenses were $5.68 million, down 26.4% from $7.73 million in the previous period[17] - The net cash flow from financing activities showed a significant decrease to -$43.56 million, compared to a positive inflow of $209.22 million in the previous period[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,806,491,642.13, a decrease of 1.10% from ¥4,859,934,200.19 at the end of the previous year[5] - The company's total liabilities decreased from CNY 2,444,239,670.71 at the beginning of the year to CNY 2,357,824,090.09 by the end of the first quarter[15] - The total current assets were reported at CNY 2,860,788,595.95, down from CNY 2,934,867,649.82 at the start of the year[14] - The cash and cash equivalents decreased to CNY 1,533,039,370.00 from CNY 1,620,774,414.42 at the beginning of the year[14] - The total equity attributable to the parent company increased to CNY 2,386,998,415.00 from CNY 2,353,970,174.17 at the beginning of the year[15] - The total non-current liabilities remained relatively stable, with a slight increase from CNY 1,597,393,761.94 to CNY 1,598,926,829.03[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,511[10] - The largest shareholder, Lu Yunhui, holds 40.10% of the shares, totaling 125,115,120 shares[11] - The company reported a total of 31,278,780 shares held by its largest shareholder, Lu Yunhui, representing a significant portion of the equity[12] Inventory and Receivables - The company's accounts receivable increased slightly to CNY 1,049,210,670.74 from CNY 1,046,281,790.68[14] - The company's inventory increased to CNY 1,415,067.80 from CNY 1,287,169.80[14] - The company reported a significant increase in sales cash receipts, amounting to ¥69,647,400.75, which is a 34.40% increase compared to ¥51,820,618.01 in the previous year[9] - The company received $69.65 million in cash from sales, an increase of 34.4% compared to $51.82 million in the previous period[20]

Financial Performance - The company's operating revenue for 2022 was approximately ¥586.67 million, representing a slight increase of 0.27% compared to ¥585.09 million in 2021[18]. - The net profit attributable to shareholders decreased by 7.39% to approximately ¥153.77 million from ¥166.04 million in the previous year[18]. - The net profit after deducting non-recurring gains and losses fell by 12.89% to approximately ¥127.80 million compared to ¥146.71 million in 2021[18]. - Cash flow from operating activities showed a significant decline, amounting to approximately ¥8.54 million, down 104.82% from ¥98.38 million in 2021[18]. - Basic and diluted earnings per share decreased by 7.41% to ¥0.50 from ¥0.54 in the previous year[18]. - The weighted average return on assets was 6.75% at the end of 2022, down from 7.75% at the end of 2021[18]. - The company achieved operating revenue of CNY 586.67 million in 2022, representing a year-on-year increase of 0.27%[31]. - The net profit attributable to shareholders of the listed company was CNY 153.77 million, a decrease of 7.39% compared to the previous year[31]. - The company reported an operating profit of CNY 186.18 million, down 5.16% from the previous year[31]. - The total profit amounted to CNY 184.62 million, a decline of 6.07% year-on-year[31]. Strategic Initiatives - The company has adjusted its strategy in response to increased fiscal pressure on local governments, aiming to minimize external impacts on operations[31]. - The company is actively participating in ecological protection and restoration projects, aligning with national ecological civilization initiatives[30]. - The company continues to focus on the opportunities presented by the "14th Five-Year Plan" and the green low-carbon development goals[30]. - The company has implemented cost reduction and efficiency enhancement measures to maintain stable development in a complex market environment[31]. - The company focused on steady operations in ecological restoration and green space maintenance, concentrating resources on projects with strong financial conditions and quick payment speeds to ensure quality orders and reduce operational risks[32]. Research and Development - The company has undertaken 8 provincial and ministerial research projects and holds a total of 10 national invention patents, 198 utility model patents, and 4 software copyrights[52]. - The company has established partnerships with several universities and research institutions to enhance its research capabilities in forestry carbon sinks and ecological restoration technologies[52]. - The company has developed a "Heaven-Earth-Sky" integrated forestry carbon sink measurement technology system, completing carbon sink measurement monitoring for the Dongli project[35]. - The company aims to improve soil salinity management through innovative technologies and research projects[68]. Financial Management - The company has secured bank loans amounting to 1.052 billion yuan and issued convertible bonds totaling 712 million yuan, with financing costs ranging from 0.40% to 3.00% over six years[46]. - The company has maintained a healthy financial status with no interest-bearing debt other than PPP project loans, ensuring a solid foundation for future expansion[54]. - The company has expanded its operational capabilities across regions, reducing risks associated with concentrated business areas[54]. - The company reported a significant decrease in investment activities, with total investments of CNY 2.4 million, a 97% decline compared to the previous year[81]. - The company has allocated 73,641 million CNY for working capital, with 100% of the investment progress achieved[97]. Corporate Governance - The company has a governance structure that complies with legal requirements, with a board consisting of seven members, including three independent directors[110]. - The company has established a performance evaluation and incentive mechanism linking senior management compensation to business performance[111]. - The company emphasizes transparent information disclosure, ensuring all shareholders have equal access to information through designated platforms[111]. - The company has a complete management structure that operates independently from the controlling shareholder[115]. - The management team includes individuals with significant experience in various sectors, including finance, agriculture, and engineering, enhancing the company's strategic capabilities[121][122][123][124][125]. Social Responsibility - The company donated a total of 1.65 million yuan to various charitable organizations during the reporting period, reflecting its commitment to social responsibility[150]. - The company is committed to balancing the interests of stakeholders, including shareholders, employees, and society, to promote sustainable development[112]. Shareholder Information - The company plans to distribute a cash dividend of CNY 3.5 per 10 shares, totaling CNY 109,200,000, which represents 100% of the profit distribution amount[140]. - The major shareholder, Lu Yunhui, holds 40.10% of the shares, totaling 125,115,200 shares, with no changes during the reporting period[197]. - The company has a total of 312,000,000 shares, with no new shares issued during the reporting period[192]. - The number of shareholders at the end of the reporting period was 17,592, with no significant changes noted[197]. Operational Performance - The ecological restoration projects accounted for 79.09% of total revenue, increasing by 21.13% year-over-year[58]. - The municipal greening projects saw a significant decline in revenue, dropping 37.24% to ¥114,495,037.56 from ¥182,427,059.60[58]. - The gross profit margin for ecological protection and environmental governance was 42.34%, reflecting a 3.61% increase from the previous year[59]. - The company is actively promoting the follow-up work of the ecological restoration projects, which have experienced delays compared to the original schedule[94].

证券代码：002887 证券简称：绿茵生态 编号：2020-03 天津绿茵景观生态建设股份有限公司投资者关系活动记录表 | --- | --- | |----------------|---------------------------------------------------------------------| | | | | 投资者关系活动 | R 特定对象调研 £ 分析师会议 | | 类别 | □ 媒体采访□业绩说明会 | | | □ 新闻发布会£路演活动 | | | □ 现场参观 | | | □ 其他（请文字说明其他活动内容） | | 参与单位名称及 | 中信证券 罗鼎 杨畅、前海固禾资本、融通基金、天弘基金、中信自 | | 人员姓名 | 营、中信里昂、广金投资、马可波罗、泰康人寿、中再资产管理、 中庸资本 | | 时间 | 2020 年 4 月 28 日 | | 地点 | 电话会议 | | 上市公司接待人 | 执行总裁张功新、财务总监兼董事会秘书邢月改、证券事务代表钱 | | 员姓名 | 婉怡 | | 投资者关系活动 | Q&A ： | | 主要内容介绍 | Q: 能否介绍一下公司在内蒙古 ...

证券代码：002887 证券简称：绿茵生态 天津绿茵景观生态建设股份有限公司投资者关系活动记录表 编号：2020-02 | --- | --- | |-----------------------|-----------------------------------------------------------------------------------------------------------------------| | | | | 投资者关系活动 | R 特定对象调研 £ 分析师会议 | | 类别 | □ 媒体采访□业绩说明会 | | | □ 新闻发布会£路演活动 | | | □ 现场参观 | | | □ 其他（请文字说明其他活动内容） | | 参与单位名称及 | 光大证券殷中枢郝骞、宝泓投资陈浩强、前海无锋基金陈净、丰岭 | | 人员姓名 | 资本李浩田、大正十方投资基金程凯、泽茂投资童泽欣、概格投资 | | | 王顺欢、金泰银安王厚恩、金涌资本何帅、青士投资吴嘉诚、广发 | | | 基金林英睿、银华基金孙勇、人保资产蔡春根、工银瑞信甘宗卫、 国泰投研徐成城、中粮期货朱振、晨曦股权投资基 ...

证券代码：002887 证券简称：绿茵生态 编号：2020-04 天津绿茵景观生态建设股份有限公司投资者关系活动记录表 | --- | --- | |----------------|--------------------------------------------------------------------| | | | | 投资者关系活动 | R 特定对象调研 £ 分析师会议 | | 类别 | □ 媒体采访□业绩说明会 | | | □ 新闻发布会£路演活动 | | | □ 现场参观 | | | □ 其他（请文字说明其他活动内容） | | 参与单位名称及 | 国盛证券何亚轩、国盛证券程龙戈、国盛证券廖文强、万家基金刘洋、 | | 人员姓名 | 万家基金李杨、华安基金饶晓鹏、金鹰基金孟思琪、工银瑞信母亚乾、 | | | 国投瑞银代振华、中融基金熊健、华宝基金陈怀逸、东吴基金徐嶒、东 | | | 吴基金韩旭鹏、东吴基金吴昌柏、天和投资张云、天弘基金唐博、远策 | | | 投资李健、人保资产金川、东北自营金佳音、高毅资产袁野 | | 时间 | 2020 年 4 月 28 日 | | 地点 | 电话会议 ...

证券代码：002887 证券简称：绿茵生态 天津绿茵景观生态建设股份有限公司投资者关系活动记录表 编号：2020-06 | --- | --- | |----------------|--------------------------------------------------------------------| | | | | 投资者关系活动 | R 特定对象调研 £ 分析师会议 | | 类别 | □ 媒体采访□业绩说明会 | | | □ 新闻发布会£路演活动 | | | □ 现场参观 | | | □ 其他（请文字说明其他活动内容） | | 参与单位名称及 | 摩根大通证券、 Schonfeld Strategic Advisors | | 人员姓名 | | | 时间 | 2020 年 6 月 2 日 10:00-11:00 | | 地点 | 电话会议 | | 上市公司接待人 | 总裁助理 冯佳、证券事务代表 钱婉怡 | | 员姓名 | | | 投资者关系活动 | Q&A ： | | 主要内容介绍 | Q ：公司 2018 业绩下降的原因是什么？公司 2019 年逆势增长的 | | | 原因以及 2 ...