Financial Performance - The company's operating revenue for Q1 2021 was ¥165,670,688.55, representing a 30.42% increase compared to ¥127,031,749.59 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was ¥53,319,873.41, up 31.36% from ¥40,590,930.85 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥52,715,034.93, reflecting a 34.64% increase from ¥39,151,786.40 year-on-year[8]. - Basic earnings per share for Q1 2021 were ¥0.1709, a 30.86% increase from ¥0.1306 in the same period last year[8]. - The net profit for Q1 2021 was CNY 54,174,346.40, up from CNY 45,863,395.88 in the same period last year, indicating a growth of approximately 18.5%[46]. - The earnings per share (EPS) for Q1 2021 was CNY 0.1709, compared to CNY 0.1306 in the previous year, showing an increase of 30.5%[47]. - The total comprehensive income for Q1 2021 was CNY 17,391,227.13, reflecting a significant decline from CNY 35,764,926.48 in the previous year[51]. Cash Flow - The net cash flow from operating activities was ¥26,878,909.98, which is a 33.67% increase compared to ¥20,109,112.48 in the same period last year[8]. - Cash received from sales and services amounted to ¥286,417,773.59, a 24.50% increase from ¥230,060,497.64, attributed to higher project collections[16]. - Cash flow from investing activities showed a net outflow of CNY 195,478,999.12, compared to a net outflow of CNY 125,697,388.95 in the same period last year[55]. - Cash flow from financing activities resulted in a net inflow of CNY 103,367,246.88, down from CNY 209,188,300.00 in Q1 2020[55]. - The net cash flow from investing activities was -37,416,112.80 CNY, compared to -26,837,990.72 CNY in the previous year[58]. - The net increase in cash and cash equivalents was -79,867,402.01 CNY, compared to an increase of 212,157,889.93 CNY in the previous year[58]. - The ending balance of cash and cash equivalents was 710,238,370.71 CNY, down from 1,122,553,826.05 CNY at the end of the previous year[58]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,628,620,669.94, a slight increase of 0.11% from ¥3,624,704,797.23 at the end of the previous year[8]. - The total liabilities of the company were CNY 1,430,330,381.73, slightly up from CNY 1,428,087,989.73, showing a marginal increase[38]. - The company's current assets decreased to CNY 2,137,437,835.40 from CNY 2,219,455,807.15, reflecting a decline of approximately 3.7%[36]. - Long-term borrowings increased by 21.43% to ¥715,055,684.28 from ¥588,869,814.83, due to financing for PPP projects[16]. - The total liabilities for Q1 2021 were CNY 764,032,878.69, down from CNY 879,561,662.14 in the previous period, indicating a reduction of approximately 13.1%[42]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,381[12]. - The largest shareholder, Lu Yunhui, holds 40.10% of the shares, totaling 125,115,120 shares[12]. - The company has maintained compliance with all commitments made to minority shareholders[24]. Government Subsidies and Investments - The company received government subsidies amounting to ¥449,941.02 during the reporting period, primarily related to business operations[9]. - The company plans to continue expanding its PPP project investments, which have shown significant returns in the current reporting period[16]. - The company raised a total of RMB 84,020,000 from the public offering of 20 million shares at an issue price of RMB 42.01 per share[27]. Compliance and Governance - There were no violations regarding external guarantees during the reporting period[29]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[30]. - The company has committed to avoiding any competition with its subsidiaries and will prioritize business opportunities for its subsidiaries[24]. Miscellaneous - The first quarter report for 2021 was not audited[59]. - The company did not apply the new leasing standards for the first quarter of 2021[59]. - The report was issued on April 12, 2021, by the legal representative Qi Yong[60].

Financial Performance - The company's operating revenue for 2020 was ¥948,195,142.03, representing a 32.95% increase compared to ¥713,215,117.46 in 2019[23]. - The net profit attributable to shareholders for 2020 was ¥281,427,620.35, a 34.66% increase from ¥208,985,562.54 in 2019[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥263,659,216.89, up 45.55% from ¥181,144,096.64 in 2019[23]. - The basic earnings per share for 2020 was ¥0.90, a 34.33% increase from ¥0.67 in 2019[23]. - The total assets at the end of 2020 were ¥3,624,704,797.23, reflecting a 22.24% increase from ¥2,965,221,778.01 at the end of 2019[24]. - The net assets attributable to shareholders at the end of 2020 were ¥2,145,598,460.95, an increase of 11.97% from ¥1,916,210,038.31 at the end of 2019[24]. - The company reported a net cash flow from operating activities of ¥282,691,602.49 in 2020, a decrease of 13.30% from ¥326,072,318.33 in 2019[23]. - The company achieved a total operating revenue of CNY 948.20 million in 2020, representing a year-on-year growth of 32.95%[44]. - The net profit attributable to shareholders reached CNY 281.43 million, an increase of 34.66% compared to the previous year[44]. - The company reported a total operating cost of ¥574,886,817.53, which increased by 35.66% year-on-year[52]. Dividend Distribution - The company reported a profit distribution plan based on a base of 312,000,000, proposing a cash dividend of 5 RMB per 10 shares (including tax) and no bonus shares[11]. - The net profit attributable to the parent company for 2020 was 281,427,620.35 yuan, with a cash dividend payout ratio of 55.43%[99]. - The total number of shares for the cash dividend distribution is based on 31.2 million shares[101]. - The company has a retained earnings balance of 731,088,369.06 yuan to be carried forward for future distribution[101]. - In 2019, the company distributed a cash dividend of 2.50 yuan per 10 shares, totaling 52 million yuan, with a payout ratio of 24.88%[99]. - The company did not propose any stock bonus for the year 2020[101]. - The company’s cash dividend policy requires a minimum of 20% of profits to be distributed as cash dividends during growth phases[101]. Business Strategy and Operations - The company is actively participating in the PPP model for project cooperation, which has become an important business model in the domestic environmental protection market[10]. - The company emphasizes the importance of monitoring policy changes and carefully selecting low-risk projects to mitigate potential risks in the PPP model[10]. - The company plans to enhance its maintenance and operation capabilities by optimizing its business structure and expanding its maintenance segment[32]. - The company is focusing on ecological restoration and environmental governance, with a comprehensive coverage of the ecological industry chain[32]. - The company employs various business models including traditional construction, EPC, PPP, and concession transfer to enhance project management and customer satisfaction[33]. - The company aims to enhance brand value and become a leading brand in building a beautiful China, adhering to the core philosophy of "professionalism, dedication, and focus"[34]. - The company has adjusted its strategic focus to four major business segments: ecological restoration, municipal landscaping, environmental governance, and cultural tourism[83]. - The company plans to accelerate transformation and development by integrating industry chain resources, shifting from traditional engineering services to a dual-driven model of "engineering + operation maintenance"[90]. Risks and Challenges - The company faces risks related to accounts receivable, which are expected to remain high due to the expansion of business scale, potentially leading to bad debt losses if clients' financial conditions deteriorate[9]. - The company acknowledges risks associated with changes in macroeconomic policies, particularly those affecting local government financing, which could impact project investment scales and cash flow[7]. - The company is subject to risks related to contract assets, which may require impairment provisions if clients fail to settle accounts on time[11]. Research and Development - The company has applied for a total of 258 national patents, of which 166 have been granted, including 7 invention patents and 159 utility model patents[39]. - Research and development investment increased by 39.42% to CNY 32.51 million, reflecting the company's commitment to innovation[48]. - Research and development (R&D) personnel increased by 45.24% to 61, representing 17.63% of total employees, while R&D investment rose by 39.42% to approximately CNY 32.51 million, accounting for 3.43% of operating revenue[66]. - The company is investing RMB 50 million in research and development for sustainable landscaping technologies[109]. - The company plans to invest 100 million RMB in research and development for new technologies in the next fiscal year[174]. Market Expansion - The company is actively expanding its business footprint across key regions in China, including the Beijing-Tianjin-Hebei area and the Chengdu-Chongqing region[45]. - The company’s total revenue from ecological restoration projects reached ¥631,863,088.85, accounting for 66.64% of total revenue, with a year-on-year increase of 11.70%[51]. - Municipal greening projects generated ¥296,761,226.26, representing 31.30% of total revenue, with a significant year-on-year increase of 151.10%[51]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[108]. - A strategic acquisition of a local competitor was announced, expected to enhance the company's service capabilities and increase market penetration by 15%[110]. Governance and Compliance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management, ensuring accountability[5]. - The company has established a clear framework for managing share transfers and lock-up periods to ensure market stability[106]. - The company has established a robust internal control system to enhance governance and compliance with regulatory requirements[190]. - The company actively respects and protects the rights of stakeholders, promoting balanced interests among shareholders, employees, and society[192]. - The independent directors attended all board meetings and shareholder meetings, ensuring compliance with governance standards[197]. Shareholder Information - The company has a long-term commitment to maintain a 20% limit on share transfers by directors, supervisors, and senior management within their tenure[106]. - The company has a total of 16,640 common shareholders at the end of the reporting period[156]. - Major shareholder Lu Yunhui held 40.10% of the shares, totaling 93,836,340 shares after the increase[156]. - The company reported no changes in its major shareholders during the reporting period[159]. - The actual controller of the company is Lu Yunhui, who also serves as the chairman[160]. Social Responsibility - The company donated a total of 1.45 million CNY to various charitable causes during the reporting period[141]. - The company emphasizes environmental protection and sustainable development, focusing on ecological restoration and soil remediation technologies[142].

Financial Performance - Operating revenue for the period reached CNY 250,298,528.70, an increase of 88.42% year-on-year[9] - Net profit attributable to shareholders increased by 89.51% to CNY 72,722,026.90 compared to the same period last year[9] - Basic earnings per share rose by 91.67% to CNY 0.23 per share[9] - Total operating revenue for the current period reached ¥684,327,910.67, a 32.5% increase from ¥516,150,870.50 in the previous period[55] - Net profit for the current period was ¥208,614,075.15, representing a 43.1% increase compared to ¥145,801,378.28 in the previous period[56] - The company achieved a total profit of ¥84,746,988.99, compared to ¥44,178,164.86 in the same quarter last year[49] Assets and Liabilities - Total assets increased by 15.34% to CNY 3,419,962,060.72 compared to the end of the previous year[9] - The company's long-term assets increased by 82.88% to CNY 811,738,110.46, primarily due to investments in PPP projects[17] - Total liabilities decreased by 33.92% to CNY 133,420,590.32, mainly due to a reduction in settled but unfinished projects[17] - Total liabilities amounted to CNY 1,300,650,931.69, up from CNY 1,009,265,096.89, which is an increase of approximately 29%[41] - The company's long-term debt increased to CNY 610,399,351.69 from CNY 300,282,916.67, indicating a growth of approximately 103.5%[41] Cash Flow - Net cash flow from operating activities surged by 212.16% to CNY 93,403,027.01[9] - Cash inflows from operating activities amounted to CNY 681,844,259.18, significantly higher than CNY 274,097,159.17 in the previous year[63] - The net cash flow from operating activities was CNY 137,141,905.33, a turnaround from a negative CNY 162,801,090.87 in the same period last year[65] - The net cash flow from investing activities was negative at CNY 231,282,554.97, compared to a positive CNY 81,673,030.22 in the previous year[65] - Cash outflows from financing activities totaled CNY 70,582,945.41, an increase from CNY 37,316,600.00 in the same period last year[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,805[13] - The top shareholder, Lu Yunhui, holds 40.10% of the shares, totaling 125,115,120 shares[13] - The company’s equity attributable to shareholders increased to CNY 2,067,143,965.10 from CNY 1,916,210,038.31, representing a growth of about 7.9%[42] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥4,593,255.27, compared to ¥4,031,635.41 in the previous year[48] - Research and development expenses increased to ¥20,876,502.38, up 17.8% from ¥17,719,100.76 in the previous period[56] Compliance and Governance - The company has maintained compliance with commitments made to minority shareholders[26] - There are no violations regarding external guarantees during the reporting period[33] - The company has no non-operating fund occupation by controlling shareholders or related parties[34] Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue growth[73]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 434.03 million, representing a 13.23% increase compared to CNY 383.31 million in the same period last year[18]. - The net profit attributable to shareholders was approximately CNY 130.21 million, reflecting a growth of 20.96% from CNY 107.65 million year-on-year[18]. - The net cash flow from operating activities improved significantly to approximately CNY 43.74 million, a 155.00% increase from a negative cash flow of CNY 79.52 million in the previous year[18]. - Operating profit reached 159.24 million yuan, up 27.18% compared to the previous year[36]. - The basic earnings per share rose to CNY 0.4173, a 20.96% increase compared to CNY 0.3450 in the same period last year[18]. - The total comprehensive income for the first half of 2020 was CNY 125,431,485.52, compared to CNY 109,508,457.04 in the same period of 2019, reflecting an increase of approximately 14.5%[156]. - The total operating costs were CNY 274,643,514.12, which is an increase of 8.8% from CNY 252,453,679.30 in the first half of 2019[149]. Assets and Liabilities - The total assets of the company at the end of the reporting period reached approximately CNY 3.32 billion, an increase of 11.84% from CNY 2.97 billion at the end of the previous year[18]. - The total liabilities increased to CNY 1,269,034,140.16 from CNY 1,009,265,096.89, marking an increase of about 25.8%[143]. - The company's total equity at the end of the reporting period was approximately 1,950.90 million RMB[176]. - The company's total liabilities at the end of the reporting period were approximately 836.10 million RMB[176]. - The company's cash and cash equivalents amounted to ¥1,278,763,945.71, accounting for 38.56% of total assets, a slight decrease of 0.36% from the previous year[50]. Investments and R&D - The company increased its R&D investment to 16.28 million yuan, representing an 18.96% increase[41]. - The company is focusing on new product development and technological advancements to drive future growth[167]. - The company has established partnerships with universities for research and development in ecological restoration, focusing on areas such as saline-alkali land management and water environment governance[32]. Strategic Direction - The company is transitioning from a traditional construction enterprise to a comprehensive service provider in the "landscape + ecology + cultural tourism" sector[27]. - The company is positioned to benefit from national strategies such as the "Beautiful China" initiative and infrastructure development plans, providing significant growth opportunities[28]. - The strategic adjustment includes focusing on the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, and the Chengdu-Chongqing area[63]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The total number of ordinary shareholders at the end of the reporting period is 14,253[122]. - The largest shareholder, Lu Yunhui, holds 40.10% of the shares, totaling 125,115,120 shares[122]. - Shareholders are restricted from transferring or managing their shares directly or indirectly for 12 months post-IPO, with a further 36-month lock-up period for certain conditions[81]. Risks and Challenges - The company reported a significant risk related to policy changes affecting its construction projects, particularly in ecological restoration and municipal landscaping, which could lead to reduced investment scale and delayed construction periods[70]. - Accounts receivable represent a high proportion of the asset structure, posing a risk of bad debt losses if clients' financial conditions deteriorate[71]. - The company has a risk of impairment related to contract assets, primarily formed by construction contracts, which could negatively impact its financial performance if clients fail to settle on time[73]. Compliance and Governance - The financial report for the first half of the year was not audited[139]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect its financial position accurately[192]. - The company has not reported any major issues in the use and disclosure of raised funds[62]. Environmental and Social Responsibility - The company has not conducted any targeted poverty alleviation work during the reporting period and has no subsequent plans[113]. - There are no significant environmental protection issues reported, and the company is not listed as a key pollutant discharge unit[113].

证券代码：002887 证券简称：绿茵生态 公告编号：2020-058 天津绿茵景观生态建设股份有限公司 关于举行投资者网上集体接待日活动的公告 本公司及董事会全体成员保证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。 天津绿茵景观生态建设股份有限公司（以下简称"公司"）已于2020年4月 28日披露了2019年年度报告。为了便于广大投资者更深入全面地了解公司情况， 公司将于2020年6月10日（周三）15:00-16:30在全景网举办2019年度天津辖区网 上集体接待日活动。 本次活动将采用网络远程的方式举行，投资者可登陆"全景•路演天下" （http://rs.p5w.net）参与本次互动交流。 欢迎广大投资者积极参与！ 特此通知。 天津绿茵景观生态建设股份有限公司 董事会 2020年6月2日 ...

Financial Performance - The company's operating revenue for 2019 was ¥713,215,117.46, an increase of 2.18% compared to ¥695,695,994.85 in 2018[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥181,144,096.64, representing a growth of 56.88% from ¥115,468,076.66 in 2018[22]. - The net cash flow from operating activities reached ¥326,072,318.33, a significant increase of 3,783.18% compared to -¥8,853,014.61 in 2018[22]. - The total assets of the company as of the end of 2019 were ¥2,965,221,778.01, reflecting a growth of 34.42% from ¥2,205,990,413.15 in 2018[23]. - The net assets attributable to shareholders increased by 10.17% to ¥1,916,210,038.31 from ¥1,739,287,550.13 in 2018[23]. - The company achieved a revenue of 713.22 million yuan, representing a year-on-year growth of 39.59%[43]. - The operating profit reached 241.49 million yuan, an increase of 33.87% compared to the previous year[43]. - The total profit amounted to 240.32 million yuan, reflecting a growth of 33.05% year-on-year[43]. - The net profit attributable to shareholders was 208.99 million yuan, up by 36.9% from the previous year[43]. - The company's total revenue for 2019 was approximately CNY 1.1 billion, with a year-on-year increase of 36.27%[53]. Dividend and Profit Distribution - The company reported a profit distribution plan based on a base of 208,000,000, proposing a cash dividend of 2.5 RMB per 10 shares (including tax) and a capital reserve increase of 5 shares per 10 shares[10]. - In 2019, the company proposed a cash dividend of 2.5 yuan per 10 shares, totaling 52 million yuan, based on a total share capital of 208 million shares[90]. - The cash dividend represents 33.33% of the total distributable profit of 156 million yuan for the year[90]. - The retained earnings after the dividend distribution for 2019 will be approximately 630 million yuan, which will be carried forward for future distribution[91]. - The cash dividend payout ratio for 2019 is 24.88% of the net profit attributable to shareholders[90]. - The company has maintained a consistent cash dividend policy over the past three years, with cash dividends of 52 million yuan in 2019, 32 million yuan in 2018, and 48 million yuan in 2017[90]. Business Strategy and Expansion - The company is focusing on expanding its business into cultural tourism and environmental protection sectors, leveraging its brand and management advantages[32]. - The company aims to enhance its core competitiveness by participating in rural revitalization projects and improving its planning and operational management capabilities[33]. - The company has shifted its business model towards integrated operation services in the "landscape + ecology + cultural tourism" sectors[32]. - The company is positioned to benefit from national strategies promoting ecological civilization and infrastructure development, providing significant growth opportunities[32]. - The company is actively participating in the PPP model for project cooperation, which has become an important business model in the domestic environmental protection market, despite existing policy and financing risks[9]. - The company plans to strengthen talent development and establish an effective incentive mechanism to enhance employee motivation[84]. - The company aims to enhance its research and design capabilities to improve industry competitiveness, focusing on core technology breakthroughs[84]. - The company will pursue qualification upgrades and acquisitions to improve its qualification platform and increase market share[85]. Research and Development - The company applied for 42 national patents during the reporting period, including 1 invention patent and 41 utility model patents[38]. - Research and development expenses for 2019 were CNY 23.32 million, a slight decrease of 0.98% compared to the previous year[59]. - The company has joined several national innovation alliances to enhance its technological capabilities in ecological construction[61]. - The company plans to invest RMB 100 million in new technology for eco-friendly materials in 2020[99]. Market and Customer Engagement - User data indicated an increase in active users by 20% year-on-year, reaching 2 million active users by the end of 2019[97]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2021[96]. - A strategic acquisition of a local competitor was completed, enhancing the company's service capabilities and expected to increase market share by 15%[97]. - The company signed new contracts worth 3.4 billion yuan in the reporting period, with a construction contract amount of 2.2 billion yuan, representing a 293% increase from 560 million yuan in 2018[44]. Financial Management and Investments - The company has entrusted financial management with a total amount of 42.75 million CNY, including 40 million CNY from self-owned funds and 2.75 million CNY from raised funds[126][127]. - The company reported a net cash outflow from investment activities of ¥439,935,759.80 in 2019, a decline of 156.75% compared to a net inflow of ¥775,211,237.74 in 2018[62]. - The company has fully utilized the RMB 68,896 million allocated for working capital, achieving 100% usage[77]. - The company has a total of 14,272 common shareholders at the end of the reporting period[148]. Governance and Compliance - The company has not experienced any significant accounting errors requiring retrospective restatement during the reporting period[105]. - There were no major lawsuits or arbitration matters during the reporting period[111]. - The company has not engaged in any related party transactions during the reporting period[114][115]. - The company has maintained strict compliance with information disclosure regulations, ensuring timely and accurate communication with investors[184]. - The company has established an independent financial department with a complete financial accounting system, enabling independent financial decision-making[185]. - The company has a complete business system and operates independently from its controlling shareholder, with no significant related party transactions[186]. Employee and Management Structure - The total number of employees in the company is 332, with 212 in production, 23 in sales, 54 in technical roles, 13 in finance, and 30 in administration[175]. - The company has implemented a comprehensive salary management system that includes basic salary, position salary, performance salary, and bonuses[176]. - The company conducts annual training for new graduates, focusing on industry background, corporate culture, and safety management processes[178]. - The company has established a performance evaluation and incentive mechanism linking senior management compensation to business performance[183].

Financial Performance - The company's operating revenue for Q1 2020 was ¥127,031,749.59, a decrease of 6.17% compared to ¥135,385,289.87 in the same period last year[9] - The net profit attributable to shareholders was ¥40,590,930.85, down 2.10% from ¥41,461,943.81 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥39,151,786.40, an increase of 1.77% from ¥38,469,495.08 in the previous year[9] - The basic earnings per share for the period was ¥0.195, a decrease of 2.01% from ¥0.199 in the same period last year[9] - The diluted earnings per share also stood at ¥0.195, down 2.01% compared to the previous year[9] - The weighted average return on equity was 2.10%, a decline of 0.26% from 2.36% in the same period last year[9] - The total profit for Q1 2020 was CNY 51,497,270.23, compared to CNY 47,850,983.24 in Q1 2019, reflecting a growth of 5.4%[40] - The net profit for Q1 2020 reached CNY 45,863,395.88, up 13.5% from CNY 40,477,230.84 in Q1 2019[40] - The company's operating profit for Q1 2020 was CNY 52,014,809.05, up from CNY 47,890,109.82 in the same period last year, reflecting a growth of 4.4%[40] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥20,109,112.48, compared to a negative cash flow of ¥36,112,481.28 in the same period last year, representing a 155.68% increase[9] - Cash received from sales and services increased by 76.90% to ¥230,060,497.64, attributed to a rise in project payments received[17] - Cash flow from operating activities saw an increase of 83.41% to ¥17,101,111.99, mainly due to the return of deposits received[17] - The company's cash and cash equivalents increased to ¥1,194,207,994.57 from ¥1,083,350,348.48, reflecting improved liquidity[29] - The company reported a cash flow from operating activities of CNY 20,109,112.48, a significant recovery from a negative cash flow of CNY -36,112,481.28 in the same quarter last year[47] - Total cash and cash equivalents at the end of the first quarter of 2020 reached CNY 1,174,810,825.64, up from CNY 911,979,151.64 at the beginning of the period, reflecting a net increase of CNY 103,600,023.53[48] - The company reported total operating cash inflows of CNY 516,181,396.09, compared to CNY 132,539,364.41 in the previous year, indicating a year-over-year increase of approximately 289%[50] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,173,720,761.71, reflecting a growth of 7.03% from ¥2,965,221,778.01 at the end of the previous year[9] - The total assets of the company as of March 31, 2020, were ¥3,173,720,761.71, up from ¥2,965,221,778.01 at the end of 2019[29] - Total liabilities increased to CNY 1,164,711,467.28 from CNY 1,009,265,096.89, indicating a rise of approximately 15.4%[32] - The company’s total assets as of the end of the first quarter of 2020 amounted to CNY 2,965,221,778.01, with total liabilities of CNY 1,009,265,096.89[55] - The company’s equity attributable to shareholders was CNY 1,916,210,038.31, reflecting a strong capital position[55] Shareholder Information - The company reported a total of 12,325 common shareholders at the end of the reporting period[13] - The net assets attributable to shareholders increased by 2.12% to ¥1,956,801,886.59 from ¥1,916,210,038.31 at the end of the last year[9] Research and Development - Research and development expenses rose by 34.93% to ¥7,400,363.65 as the company increased its investment in R&D[17] - Research and development expenses increased to CNY 7,400,363.65 from CNY 5,484,472.81, indicating a rise of about 35%[38] - The company focused on innovation, with research and development expenses increasing to CNY 5,930,902.66, up from CNY 4,511,002.75 in Q1 2019[42] Investment and Financing - Long-term borrowings increased by 66.64% to ¥500,404,166.67, primarily due to financing for the Fenglong PPP project[17] - The company reported a significant increase in long-term borrowings, rising to CNY 500,404,166.67 from CNY 300,282,916.67, which is a 66.7% increase[32] - The company raised CNY 202,000,000.00 through borrowings during the financing activities, contributing to a total financing cash inflow of CNY 209,188,300.00[48] Taxation - The company reported a 505.51% increase in taxes paid, amounting to ¥42,137,188.93, mainly due to an increase in value-added tax[17] Accounting Changes - The company has implemented new revenue and lease accounting standards effective from January 1, 2020, impacting financial reporting[59] - The company reported a significant adjustment in contract liabilities, decreasing by CNY 146.24 million due to the new revenue recognition standards[58]

天津绿茵景观生态建设股份有限公司 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。 天津绿茵景观生态建设股份有限公司 2019 年第三季度报告全文 天津绿茵景观生态建设股份有限公司 2019 年第三季度报告 2019-115 2019 年 10 月 1 公司负责人卢云慧、主管会计工作负责人邢月改及会计机构负责人(会计主 管人员)姜德林声明：保证季度报告中财务报表的真实、准确、完整。 2 天津绿茵景观生态建设股份有限公司 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 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） | 2,336,761,151.30 | | 2,205,990,413.15 | ...

Financial Performance - The company's operating revenue for the first half of 2019 was RMB 383,312,834.71, representing a 27.89% increase compared to RMB 299,723,905.30 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was RMB 107,652,293.64, up 31.47% from RMB 81,885,478.94 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was RMB 103,912,497.61, which is a 57.81% increase from RMB 65,846,331.18 in the previous year[18]. - The basic earnings per share increased to RMB 0.52, a rise of 33.33% compared to RMB 0.39 in the same period last year[18]. - The total assets at the end of the reporting period were RMB 2,356,804,324.39, reflecting a 6.84% increase from RMB 2,205,990,413.15 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were RMB 1,814,823,544.11, which is a 4.34% increase from RMB 1,739,287,550.13 at the end of the previous year[18]. - The net cash flow from operating activities improved to RMB -79,521,629.35, a 22.33% improvement from RMB -102,383,308.40 in the same period last year[18]. - The company achieved operating revenue of RMB 383.31 million, an increase of 27.89% compared to the same period last year[41]. - The net profit attributable to shareholders reached RMB 107.65 million, up 31.47% year-on-year[41]. - The total assets amounted to RMB 2.36 billion, reflecting a growth of 6.84% from the previous year[41]. Research and Development - The company received government subsidies amounting to RMB 401,970.92 related to research and development[21]. - Research and development investment increased by 13.92% to RMB 13.69 million, highlighting the company's commitment to enhancing industry competitiveness[41]. - The company has established several provincial-level research and development platforms in collaboration with universities, focusing on various ecological restoration technologies[31]. - The company has obtained a total of 124 national patent authorizations, including 6 invention patents and 34 utility model patents as of June 30, 2019[32]. - The company has received 1 national invention patent and 34 utility model patents, emphasizing its focus on innovation and research collaboration[38]. Business Strategy and Operations - The company has shifted its business model towards integrated ecological and cultural tourism services, adapting to market demands[27]. - The company has established a complete industrial chain integrating planning design, ecological restoration, landscape greening technology research and development, engineering construction, and operation maintenance[30]. - The company has set up subsidiaries in various regions including East China, Central China, Southwest China, and Northwest China, forming a nationwide business expansion pattern[27]. - The company has actively participated in rural environmental governance and has been appointed as the vice-chairman unit of the National Rural Environmental Governance Technology Innovation Alliance[32]. - The company has a strong project management capability, with project profit margins consistently ranking among the industry leaders[34]. - The company secured project bids totaling approximately RMB 2.5 billion since 2019, ensuring a solid operational performance[39]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2021[79]. - The company plans to acquire a local competitor, which is expected to enhance its service capabilities and increase market share by 15%[79]. Financial Health and Risks - The company has maintained a low asset-liability ratio compared to its peers, indicating strong financial health and leverage capability[34]. - The company maintained a low debt level with no bank loans and a comprehensive credit line of approximately RMB 3 billion[39]. - High accounts receivable pose a risk of bad debt losses, especially if client financial conditions deteriorate[69]. - The company faces risks related to policy changes, particularly in financing and project investment scales due to macroeconomic policies[68]. - Inventory depreciation loss risk exists due to the nature of construction contracts and potential client payment issues[69]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The annual shareholders' meeting had a participation rate of 74.32%[72]. - The company distributed cash dividends of RMB 32 million to shareholders, with a payout of RMB 2.00 per 10 shares[170]. - The total number of common shareholders at the end of the reporting period was 14,458[112]. - The largest shareholder, Lu Yunhui, holds 40.10% of the shares, totaling 83,410,080 shares[112]. Cash Flow and Investments - Cash and cash equivalents at the end of the reporting period amounted to ¥917,207,919, representing 38.92% of total assets, a decrease of 2.63% compared to the previous year[50]. - The company reported cash and cash equivalents at the end of the period amounting to CNY 905,806,971.46, compared to CNY 123,694,304.82 at the end of the first half of 2018[149]. - Cash inflow from investment activities was CNY 332,953,573.78, while cash outflow was CNY 221,900,452.55, resulting in a net cash inflow of CNY 111,053,121.23[149]. - The company’s cash flow from financing activities showed a net outflow of CNY 37,316,600.00, compared to a net outflow of CNY 32,050,000.00 in the previous year[149]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status and operating results[176]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its sustainability[174]. - The company has established that any costs related to mergers and acquisitions will be recognized in the current period's profit and loss[184]. - The company has confirmed that it will account for goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired[182]. - The company recognizes its share of assets and liabilities in joint operations according to relevant accounting standards[192].

天津绿茵景观生态建设股份有限公司 2019 年第一季度报告全文 天津绿茵景观生态建设股份有限公司 2019 年第一季度报告 2019-047 2019 年 04 月 1 天津绿茵景观生态建设股份有限公司 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。 公司负责人卢云慧、主管会计工作负责人邢月改及会计机构负责人(会计主 管人员)姜德林声明：保证季度报告中财务报表的真实、准确、完整。 2 天津绿茵景观生态建设股份有限公司 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） | 135,385,289.87 | 89,117,861.85 | 51.92% | | 归属于上市公司股东的净利润（元） | ...