证券代码：003027 证券简称：同兴环保 同兴环保科技股份有限公司 投资者关系活动记录表 编号：2023-001 投资者关系 活动类别 □特定对象调研 □分析师会议 □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） 活动参与人员 参与单位名称及人员姓名：参加同兴环保2022年度业绩网上说 明会的全体投资者。 上市公司接待人员姓名：董事长兼总经理郑光明先生、独立董 事孙方社先生、财务总监兼董事会秘书汪沛先生。 时间 2023年5月15日15:00-17:00 地点 全景网投资者关系互动平台（http:// ir.p5w.net） 形式 网络远程方式 交流内容及 具体问答记录 本次业绩说明会交流内容及具体问答记录详见附件《同兴环保 科技股份有限公司2022年度业绩说明会问答记录表》 本次活动是否 涉及应披露重 大信息的说明 不涉及 附件清单 （如有） 无 日期 2023年5月16日 附件： 同兴环保科技股份有限公司 2022年度业绩说明会问答记录表 1、贵公司未分配利润约6.78亿元，在"关于使用闲置自有资金进行现金管 理的公告"中，将有7.5亿资金用于投资活动， ...

证券代码：003027 证券简称：同兴环保 公告编号：2023-031 同兴环保科技股份有限公司 关于举行2022年度业绩说明会的公告 出席本次年度业绩说明会的人员有：董事长兼总经理郑光明先生、独立董 事孙方社先生、财务总监兼董事会秘书汪沛先生。 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15日15:00前访问https://ir.p5w.net/zj/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业绩说明会。 特此公告。 同兴环保科技股份有限公司董事会 2023年5月8日 1 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。 同兴环保科技股份有限公司（以下简称"公司"）已于2023年4月20日披露 2022年年度报告全文及摘要。为了让广大投资者更深入全面地了解公司经营情 况，公司定于2023年5月15日（星期一）下午15:00-17:00在全景网举办2022年 度业绩说明会。本次年 ...

Revenue and Profit - Revenue for Q1 2023 was CNY 143,411,451.06, a decrease of 11.63% compared to CNY 162,285,283.39 in the same period last year[5] - Net profit attributable to shareholders was CNY 26,958,156.75, down 16.02% from CNY 32,101,317.69 year-on-year[5] - Total operating revenue for the current period is $143.41 million, down from $162.29 million in the previous period, representing a decrease of approximately 11.6%[17] - Net profit for the current period is $29.98 million, compared to $36.83 million in the previous period, reflecting a decline of approximately 18.6%[18] - The company’s total profit before tax for the current period is $35.38 million, down from $42.54 million in the previous period, a decrease of approximately 16.5%[18] Cash Flow and Liquidity - Net cash flow from operating activities increased significantly to CNY 70,846,120.71, a 644.11% improvement from a negative cash flow of CNY -13,020,519.91 in Q1 2022[5] - Operating cash flow increased significantly to $70.85 million from a negative $13.02 million in the previous period[21] - Cash and cash equivalents increased to 835,335,587.72 CNY from 733,456,782.23 CNY[12] - Cash and cash equivalents at the end of the period increased to $734.83 million from $538.39 million, an increase of approximately 36.4%[22] - The company achieved a total cash inflow from financing activities of $85.37 million, up from $40.00 million in the previous period[22] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 2,769,439,049.78, reflecting a 2.60% increase from CNY 2,699,230,669.72 at the end of the previous year[5] - Total current assets amount to 2,179,279,860.46 CNY, an increase from 2,151,133,819.37 CNY at the beginning of the year[13] - Total liabilities amount to 946,367,419.84 CNY, up from 907,159,146.77 CNY[15] - The company’s total liabilities increased significantly, with accounts payable rising by 192.31% to CNY 243,828,210.91 due to increased procurement payments[8] - Total assets increased to 2,769,439,049.78 CNY from 2,699,230,669.72 CNY[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 22,619[10] - The largest shareholder, Zhu Qingya, holds 17.27% of shares, totaling 22,869,516 shares[10] Research and Development - Research and development expenses decreased by 33.82% to CNY 8,618,002.04, aligning with the current year's project plans[8] - Research and development expenses decreased to $8.62 million from $13.02 million, a reduction of about 33.5%[18] Inventory and Expenses - The company reported a significant increase in inventory, which rose by 38.07% to CNY 136,188,959.30, attributed to increased sales preparation[8] - The company reported a decrease in sales expenses by 30.66% to CNY 4,119,214.54, primarily due to reduced equity incentive costs[8] - Total operating costs decreased to $126.28 million from $134.20 million, a reduction of about 5.9%[17] Equity and Returns - The weighted average return on equity decreased to 1.57%, down 0.41 percentage points from 1.98% in the same period last year[5] - The total equity attributable to shareholders of the parent company is 1,730,855,172.03 CNY, up from 1,702,890,290.24 CNY[15] Investment Activities - The company recorded a total investment cash outflow of $48.16 million, compared to $226.68 million in the previous period, indicating a significant reduction in investment activities[21] - The company has ongoing investments in new technologies and market expansion strategies[11]

Financial Performance - The company reported a total revenue of 132,419,000 RMB for the year 2022, with a cash dividend distribution of 2.5 RMB per 10 shares[5]. - The company's operating revenue for 2022 was ¥938,268,077.77, a slight increase of 0.53% compared to ¥933,358,395.55 in 2021[19]. - The net profit attributable to shareholders for 2022 decreased by 26.20% to ¥119,881,718.18 from ¥162,439,655.03 in 2021[19]. - The net profit after deducting non-recurring gains and losses was ¥101,175,880.93, down 33.33% from ¥151,754,706.41 in 2021[19]. - The total revenue from the top five customers amounted to ¥271,880,965.06, representing 28.98% of the annual total sales[69]. - The company reported a total of ¥18,705,837.25 in non-recurring gains for 2022, compared to ¥10,684,948.62 in 2021[25]. - The company achieved a net increase in cash and cash equivalents of ¥178,518,220.35, a turnaround from a decrease of -¥317,146,479.37 in the previous year[73]. - The company reported a total investment income of ¥1,338,252.72, accounting for 0.87% of total profit, primarily from cash management[78]. - The company reported a total of ¥206,576,857.03 in restricted cash and receivables due to various guarantees and pledges[82]. - The total distributable profit for the company was RMB 417,428,322.27, with the cash dividend representing 100% of the profit distribution[158]. Market Strategy and Expansion - The company plans to focus on expanding its market presence in the environmental protection sector, particularly in flue gas treatment technologies[12]. - The company is exploring strategic acquisitions to enhance its capabilities in the environmental technology sector[12]. - The company aims to increase its market share in the semi-dry flue gas desulfurization technology, which currently holds a significant position in the market[13]. - The company is actively expanding into new business areas such as renewable energy, carbon capture, and energy management, aligning with national carbon peak and carbon neutrality strategies[33]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share within the next two years[130]. - A strategic acquisition of a local competitor was completed, enhancing the company's capabilities and expected to generate 150 million RMB in synergies[130]. Research and Development - The company is committed to developing new technologies for sulfur dioxide and nitrogen oxide removal, aiming for ultra-low emissions standards[13]. - The company is focusing on research and development of low-temperature SCR denitration catalysts to improve efficiency in nitrogen oxide removal[12]. - The company has established a low-temperature SCR denitrification catalyst production line that meets international advanced standards, addressing the challenges of low-temperature treatment of nitrogen oxides under sulfur-containing conditions[34]. - The company has formed a joint laboratory with the University of Science and Technology of China to advance research on sodium-ion battery materials, with pilot experiments progressing steadily[34]. - The company is accelerating the research and development of sodium-ion battery cathode materials in collaboration with the University of Science and Technology of China, aiming for mass production[101]. - The company completed several R&D projects, including SCR denitrification systems and industrial flue gas desulfurization technologies, all at 100% completion[71]. Operational Efficiency and Management - The company emphasizes cost control through refined management across production, procurement, and R&D, aiming to enhance efficiency and reduce energy consumption[48]. - The company’s project management efficiency improved, with the average time from project initiation to acceptance reduced by 1.45 months compared to the previous year[57]. - The company is committed to continuous technological innovation, actively engaging in industry standard formulation and collaboration with academic institutions[50]. - The company is committed to enhancing its management efficiency through digital and intelligent upgrades, optimizing management processes, and establishing a performance assessment mechanism[100]. - The company has established a comprehensive performance evaluation system for senior management, linking compensation to company performance[163]. Risk Management - The company has outlined potential risks in its future development outlook, emphasizing the importance of risk awareness for investors[5]. - The company emphasizes the importance of compliance with national pollutant discharge standards, aiming for emissions below specified limits[13]. - The company faces intensified market competition, which may adversely affect business expansion and profitability if it fails to maintain competitive advantages in technology, marketing, and management[104]. - The risk of accounts receivable collection may increase as the company's business scale expands, potentially leading to bad debt losses if the financial conditions of downstream clients deteriorate[104]. - The company emphasizes the importance of retaining core technical personnel and management to ensure stable development amidst fierce industry competition[105]. Environmental Responsibility - The company emphasizes the importance of compliance with national pollutant discharge standards, aiming for emissions below specified limits[13]. - The company reported a 99.2% efficiency in dust removal for its bag dust collector system, ensuring compliance with environmental standards[170]. - The company effectively managed its waste emissions, with a wastewater discharge capacity of 5,000 m³/a meeting GB8978-1996 standards[170]. - The company has implemented a comprehensive waste management strategy, including the sale of general waste and proper disposal of hazardous waste[170]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[170]. Governance and Compliance - The company has a robust governance structure and maintains diverse communication channels with investors[175]. - The company has established strict internal controls to manage various risks, including liquidity and technical risks, in its futures trading operations[88]. - The company has a complete and independent organizational structure, including a shareholders' meeting, board of directors, supervisory board, and necessary functional departments[120]. - The company has established measures to compensate for any dilution of earnings per share resulting from new share issuance[194]. - The company has committed to strict management and effective utilization of the raised funds to ensure timely investment returns[190]. Employee Management - The total number of employees at the end of the reporting period was 790, with 526 in the parent company and 264 in major subsidiaries[152]. - The company emphasizes employee training with a multi-level training system, combining internal and external training to enhance employee skills and potential[154]. - The company has a structured salary policy that includes basic salary, position salary, overtime pay, performance bonuses, and welfare allowances, aimed at motivating employees[153]. - The company conducted safety training for over 800 personnel, enhancing overall safety awareness and skills[181]. Shareholder Relations - The company has a cash dividend policy that complies with its articles of association and shareholder resolutions, ensuring transparency and protection of minority shareholders' rights[157]. - The company will strengthen its marketing team and expand its marketing efforts to broaden product application areas and improve marketing organization efficiency[101]. - The company has committed to enhancing management levels and cost control within its existing organizational structure[190]. - The company is committed to improving its asset status and further enhancing profitability for sustainable rapid development[190].

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[15]. - The net profit attributable to shareholders was RMB 200 million, up 10% compared to the same period last year[15]. - Future guidance estimates a revenue growth of 18% for the second half of 2022, driven by new product launches[15]. - The company's operating revenue for the reporting period was CNY 409,430,504.17, a decrease of 4.03% compared to the same period last year[21]. - The net profit attributable to shareholders was CNY 65,269,782.79, down 19.89% year-on-year[21]. - The net profit after deducting non-recurring gains and losses was CNY 57,330,097.35, a decline of 22.53% compared to the previous year[21]. - The total profit for the first half of 2022 was CNY 83,106,118.50, down 23.2% from CNY 107,950,935.96 in the same period of 2021[145]. - The company's basic and diluted earnings per share decreased to CNY 0.49 from CNY 0.63, representing a decline of 22.2%[146]. - The total comprehensive income for the first half of 2022 was CNY 71,372,458.14, compared to CNY 93,030,315.18 in the first half of 2021, indicating a decrease of 23.2%[146]. Research and Development - The company plans to invest RMB 300 million in R&D for new technologies and products in the next fiscal year[15]. - Research and development expenses increased by 45.89% to ¥28,307,932.95, primarily due to increased stock-based compensation for R&D personnel and accelerated R&D progress[47]. - The company aims to maintain a competitive edge by establishing a new materials research institute to focus on key new materials and new energy technology development[75]. - The company has established a joint R&D center with Dalian University of Technology to advance carbon capture, utilization, and storage technologies[39]. Market Expansion and Strategy - The company has expanded its market presence by entering two new provinces, aiming for a 25% market share in these regions by the end of 2023[15]. - The company is exploring potential acquisitions to enhance its technology portfolio and market reach[15]. - The company focuses on non-electric industry flue gas treatment, particularly in sectors like coking, steel, and building materials, enhancing its brand recognition and market influence[45]. - The company adopts an engineering general contracting model, ensuring quality, cost, and timeline management for its projects[40]. Environmental Compliance and Initiatives - The company faces regulatory risks related to environmental compliance, which it is actively addressing through enhanced monitoring systems[4]. - The company has maintained compliance with environmental regulations, with all pollutant emissions meeting legal standards[86]. - The company has implemented effective measures for waste gas treatment, achieving a dust removal efficiency of 99.2%[86]. - The company is actively involved in the development of advanced pollution prevention technologies, with several projects included in national and provincial directories[30]. - The environmental protection industry is experiencing growth due to strong government policies and increasing demand for pollution control technologies[27]. Financial Position and Cash Flow - The net cash flow from operating activities was CNY -77,560,572.84, worsening by 14.58% from the previous year[21]. - The company's cash and cash equivalents increased by 122.78% to ¥109,049,357.56, influenced by the aforementioned cash flow changes[47]. - The net cash flow from investment activities increased by 133.98% to ¥107,334,720.61, mainly due to the maturity of structured deposits[47]. - The net cash flow from financing activities increased by 183.33% to ¥79,275,209.79, primarily due to an increase in short-term borrowings[47]. - The company reported a net increase in cash and cash equivalents of 109,049,357.56 CNY for the first half of 2022, contrasting with a decrease of -478,662,409.28 CNY in the first half of 2021[150]. Shareholder and Equity Information - The company has no plans to distribute cash dividends or issue bonus shares for this fiscal year[5]. - The company has approved the repurchase and cancellation of 120,000 restricted stock options from departed employees, which will not materially affect its financial status[82]. - The total number of shares before the change was 132,539,000, with a decrease of 262,500 shares, resulting in 132,539,000 shares after the change[119]. - The largest shareholder, Zhu Qingya, holds 17.25% of the shares, totaling 22,869,516 shares[124]. Risk Management - The company faces risks from policy changes that could impact the air pollution control industry, potentially shrinking the market size[72]. - The company is also exposed to intensified market competition, which may affect its profitability if it fails to maintain a competitive edge in technology and marketing[73]. - The company has a significant focus on training existing technical personnel and attracting top external talent to mitigate competition risks[74]. - The company is monitoring the performance of its downstream clients, primarily in the coking and steel industries, to address potential economic fluctuations[74]. Social Responsibility and Community Engagement - The company invested CNY 617,500 in pandemic relief and charity activities during the reporting period[89]. - The company has maintained a commitment to social responsibility, providing a safe working environment and quality products[89]. Compliance and Governance - The company has not engaged in any significant litigation or arbitration matters during the reporting period[100]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[96]. - The company has not experienced any violations regarding external guarantees during the reporting period[97].

Financial Performance - The company's revenue for Q1 2022 was ¥162,285,283.39, representing a 4.87% increase compared to ¥154,742,384.68 in the same period last year[2] - Net profit attributable to shareholders was ¥32,101,317.69, up 3.50% from ¥31,016,490.80 year-on-year[2] - The net profit after deducting non-recurring gains and losses decreased by 11.07% to ¥25,310,371.38 from ¥28,462,015.34 in the previous year[2] - Basic and diluted earnings per share decreased by 33.33% to ¥0.24 from ¥0.36 year-on-year[2] - Net profit for the current period was ¥36,828,533.98, slightly down by 0.61% from ¥37,056,315.52 in the previous period[18] - The company reported an investment income of ¥747,144.56, a recovery from a loss of ¥891,097.19 in the previous period[17] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥13,020,519.91, a 66.61% reduction from a net outflow of ¥38,995,255.31 in the same period last year[7] - Cash flow from operating activities showed a net outflow of ¥13,020,519.91, an improvement from a net outflow of ¥38,995,255.31 in the previous period[20] - Cash flow from investing activities resulted in a net outflow of ¥10,332,269.47, compared to a much larger outflow of ¥376,521,766.92 in the previous period[21] - Cash flow from financing activities generated a net inflow of ¥38,941,470.46, contrasting with a net outflow of ¥51,244,700.44 in the previous period[21] - The ending cash and cash equivalents balance increased to ¥538,390,217.73 from ¥373,186,293.35 in the previous period[21] Assets and Liabilities - Total assets increased by 3.94% to ¥2,351,890,808.26 from ¥2,262,755,497.16 at the end of the previous year[2] - The total liabilities of the company were CNY 623,435,566.74, compared to CNY 575,134,484.18 at the beginning of the year, marking an increase of around 8.39%[15] - The company's total equity rose to CNY 1,728,455,241.52 from CNY 1,687,621,012.98, reflecting an increase of about 2.93%[15] - The total non-current assets amounted to CNY 440,673,823.78, an increase from CNY 409,293,111.13, reflecting a growth of approximately 7.68%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,658[9] Research and Development - The company's R&D expenses surged by 93.81% to ¥13,022,897.62, reflecting increased investment in research projects[7] - Research and development expenses surged to ¥13,022,897.62, a significant increase of 93.61% compared to ¥6,719,430.37 in the previous period[17] Inventory and Receivables - Accounts receivable increased to CNY 357,973,186.77 from CNY 351,596,317.22, showing a growth of approximately 1.07%[13] - The inventory decreased to CNY 125,552,877.25 from CNY 141,299,686.61, indicating a decline of about 11.14%[13] Government Subsidies - The company received government subsidies amounting to ¥7,358,892.58, contributing to a 177.91% increase in non-operating income to ¥7,119,200.00[7]

Financial Performance - The company reported a profit distribution plan of 3.00 RMB per 10 shares (including tax) based on a total of 132,539,000 shares[5]. - The company's operating revenue for 2021 was CNY 933,358,395.55, representing a 21.60% increase compared to CNY 767,544,119.40 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 162,439,655.03, a 5.44% increase from CNY 154,060,545.17 in 2020[20]. - The basic earnings per share for 2021 was CNY 1.25, down 47.26% from CNY 2.37 in 2020[20]. - Total assets at the end of 2021 were CNY 2,262,755,497.16, a 10.52% increase from CNY 2,047,450,024.45 at the end of 2020[20]. - The company achieved revenue of 933 million yuan in 2021, representing a year-on-year growth of 21.60%[48]. - The net profit attributable to shareholders was 162 million yuan, an increase of 5.44% compared to the previous year[48]. - The net assets attributable to shareholders reached 1.604 billion yuan, reflecting a year-on-year growth of 7.95%[48]. - The company reported a significant decline in the weighted average return on net assets, dropping to 10.60% in 2021 from 24.19% in 2020, a decrease of 13.59 percentage points[20]. Operational Highlights - The company operates in the environmental protection sector, focusing on flue gas treatment and emission reduction technologies[12]. - The company has subsidiaries including Beijing Fangxin and Anhui Fangxin, which contribute to its operational capabilities[12]. - The company has maintained its main business without changes since its listing, indicating stability in its operational focus[19]. - The company is positioned in the flue gas treatment industry, which is heavily influenced by national environmental policies, indicating a strong policy-driven market[29]. - The company has seen a surge in innovation and technological upgrades within the environmental protection industry, leading to the emergence of new business models such as digital and smart environmental protection[29]. - The company has established long-term cooperation with Beijing University of Technology for research and development in environmental engineering[44]. - The company has developed a high-activity calcium-based desulfurization process that can replace widely used sodium-based desulfurization agents, effectively reducing solid waste disposal difficulties and carbon emissions[33]. Research and Development - The company is committed to achieving ultra-low emissions standards in the coal-fired power industry, with specific limits for particulate matter, sulfur dioxide, and nitrogen oxides[13]. - The low-temperature SCR denitration catalyst technology has reached international advanced levels, with preparation technology being internationally leading and process technology domestically leading[31]. - The company has made significant progress in the R&D of low-temperature denitration catalysts, which have entered the industrial verification stage[33]. - The company is developing several new technologies, including SCR denitrification systems and dry desulfurization processes, to meet ultra-low emission standards[69]. - The company applied for a record 42 patents in 2021, including 13 invention patents and 29 utility model patents, enhancing its competitive edge in the market[51]. Market and Industry Trends - The market demand for flue gas treatment in non-electric industries is expected to continue growing, driven by carbon peak and carbon neutrality goals[29]. - The environmental protection industry revenue scale reached approximately CNY 2.2 trillion in 2021, with a projected compound growth rate of around 10% during the 14th Five-Year Plan period[96]. - The company plans to expand its market presence in industries such as paper, industrial silicon, and cement while also focusing on carbon capture business[34]. - The company focuses on the non-electric industry for flue gas governance, enhancing its market position in sectors like coking, steel, and building materials[46]. Risks and Challenges - The company faces various risks including policy changes, intensified market competition, and technological iteration risks[5]. - The company acknowledges the risk of accounts receivable collection as its business scale expands, which could affect its financial status[102]. - Increased competition in the environmental protection industry may adversely affect the company's business expansion and profitability[102]. - The company is exposed to risks from fluctuations in downstream industries, particularly in the coking and steel sectors, which could impact its performance[102]. Governance and Compliance - The company is committed to improving its governance structure and ensuring compliance with relevant laws and regulations[108]. - The company maintains transparent information disclosure practices to protect investors' rights and ensure fair access to information[110]. - The company has established a performance evaluation and incentive mechanism to create a fair and efficient work environment[109]. - The company has a complete and independent organizational structure, including a shareholders' meeting, board of directors, and necessary functional departments[112]. - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure fair information disclosure[165]. Employee and Management - The total number of employees at the end of the reporting period was 674, with 518 in the parent company and 156 in major subsidiaries[141]. - The company has established a comprehensive training system, conducting various training programs to enhance employee skills and capabilities[144]. - The company has a structured salary policy that includes basic salary, position salary, overtime pay, performance bonuses, and welfare allowances[142]. - The company has established a performance evaluation system for senior management, linking compensation to company performance to ensure long-term goals are met[154]. Environmental Responsibility - The company has implemented effective measures for pollution control, achieving a dust removal efficiency of 99.2% in its operations[162]. - The company has maintained compliance with environmental regulations, with no administrative penalties reported during the reporting period[162]. - The company has a wastewater treatment capacity of 5,000 m³/a, meeting national standards[162]. - The company has a solid waste recycling strategy, focusing on the recovery and sale of general solid waste[163]. - The company is committed to social responsibility, actively participating in community support and rural revitalization initiatives[171]. Future Outlook - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[122]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on eco-friendly technologies[122]. - The company plans to enter two new international markets by the end of the fiscal year, aiming for a 15% contribution to overall revenue[122]. - The management team emphasized a commitment to sustainability, with initiatives projected to reduce carbon emissions by 30% over the next five years[122].

Financial Performance - The company's operating revenue for Q3 2021 was ¥168,699,547.11, a decrease of 21.44% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2021 was ¥43,813,865.73, down 28.23% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥41,871,835.17, a decrease of 30.30% compared to the previous year[2] - The basic earnings per share for Q3 2021 was ¥0.34, reflecting a decline of 63.83% year-on-year[2] - Total operating revenue for the current period reached ¥595,341,310.14, an increase of 12.55% compared to ¥528,897,665.32 in the previous period[17] - Net profit for the current period was ¥140,414,661.74, an increase of 2.41% compared to ¥136,379,926.31 in the previous period[19] - Basic and diluted earnings per share were both ¥0.96, down from ¥1.83 in the previous period[19] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥2,167,212,989.52, an increase of 5.85% from the end of the previous year[2] - The total liabilities of the company as of September 30, 2021, were CNY 525,151,004.07, compared to CNY 503,028,365.12 at the end of 2020, reflecting a slight increase of approximately 4.4%[15] - The company's cash and cash equivalents decreased to CNY 471,357,764.34 from CNY 885,677,855.67 at the end of 2020, representing a decline of approximately 46.8%[13][15] - Accounts receivable increased significantly to CNY 423,686,923.35, up from CNY 273,873,839.63, marking a growth of about 55%[13][15] - The company's equity attributable to shareholders rose to CNY 1,563,195,898.69 from CNY 1,486,235,271.27, indicating an increase of about 5.2%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥77,929,180.79, a decline of 221.14% compared to the same period last year[2] - Cash flow from operating activities showed a net outflow of ¥77,929,180.79, compared to a net inflow of ¥64,328,859.47 in the prior period[21] - Cash flow from investing activities resulted in a net outflow of ¥242,347,525.20, compared to a net outflow of ¥34,164,866.16 in the previous period[21] - Cash flow from financing activities also showed a net outflow of ¥71,374,480.44, worsening from a net outflow of ¥37,030,726.86 in the prior period[21] - The ending cash and cash equivalents balance was ¥448,296,829.59, down from ¥839,948,016.02 at the beginning of the period[21] Construction and Development - The company reported a significant increase in construction in progress, rising by 3798.00% due to the acceleration of project construction[6] - The company completed the registration of its subsidiary in Dalian on September 29, 2021, to enhance resource allocation and market development[11] - The company plans to leverage the Dalian Industrial Layout to enhance its human resources and promote the "Dalian University of Technology - Tongxing Environmental CCUS Joint R&D Center" project[11] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,200[9] - A stock incentive plan was approved on July 30, 2021, and the first grant registration was completed on September 17, 2021[11] Inventory and Assets Management - The company reported a significant increase in contract assets to CNY 188,377,560.68 from CNY 166,429,818.10, which is an increase of approximately 13.4%[13][15] - The company’s inventory increased to CNY 146,873,197.69 from CNY 138,709,055.06, reflecting a growth of about 5.3%[13][15] Audit Information - The company did not undergo an audit for the third quarter report[23]

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2021, representing a year-on-year increase of 15%[19]. - The net profit attributable to shareholders was RMB 200 million, up 10% compared to the same period last year[19]. - The company's operating revenue for the reporting period was ¥426,641,763.03, representing a 35.81% increase compared to ¥314,154,520.01 in the same period last year[24]. - The net profit attributable to shareholders was ¥81,478,485.20, a 40.42% increase from ¥58,025,331.22 year-on-year[24]. - The company's revenue for the reporting period was ¥426,641,763.03, representing a year-on-year increase of 35.81% compared to ¥314,154,520.01 in the same period last year[44]. - The net profit for the first half of 2021 reached CNY 93,030,315.18, representing a growth of 33.5% from CNY 69,957,368.42 in the previous year[134]. - The company reported a total profit of CNY 107,950,935.96 for the first half of 2021, which is an increase of 30.9% compared to CNY 82,438,980.91 in the previous year[134]. Investment and Development - The company plans to invest RMB 300 million in new product development and technology research in the next fiscal year[19]. - Research and development investment rose to ¥19,403,191.35, up 31.07% from ¥14,803,463.93, driven by increased collaboration in industry-academia-research[44]. - The company has a strong focus on R&D for new technologies and products to enhance its service offerings in the flue gas treatment sector[34]. - The company has over 120 related patents and has developed more than 10 process routes for ultra-low emission technologies, providing comprehensive solutions from dust removal to desulfurization and denitrification[39]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2022[19]. - User data indicates a 20% increase in customer base, reaching a total of 1.5 million users[19]. - The company has set a performance guidance for the second half of 2021, expecting a revenue growth of 12% to 18%[19]. Cash Flow and Financial Health - The net cash flow from operating activities was -¥67,692,996.61, a significant decrease of 229.80% compared to ¥52,150,940.21 in the previous year[24]. - The company's cash and cash equivalents decreased significantly to -¥478,662,409.28, a drop of 9,419.45% from -¥5,028,259.18, reflecting the overall impact of cash flow changes[44]. - The net cash flow from investing activities was -¥315,839,423.92, a drastic decrease of 1,312.61% from -¥22,358,578.31, attributed to increased purchases of structured deposits and fixed asset expenditures[44]. - The total cash flow for the period decreased by 537,338,266.03 CNY, contrasting with an increase of 1,716,045.60 CNY in the first half of 2020[144]. Risk Management - The company has identified potential risks related to regulatory changes and has outlined corresponding mitigation strategies[4]. - The company faces risks from policy changes, intensified market competition, and fluctuations in downstream industries[61][63]. - Measures to mitigate risks include increasing R&D investment and enhancing talent training[62]. Environmental Commitment - The company aims to achieve ultra-low emissions standards in its operations, aligning with national environmental regulations[19]. - The company provides comprehensive solutions for ultra-low emissions in non-electric industries, including steel, coking, building materials, papermaking, and waste incineration[31]. - The company has established an environmental protection system and measures, passing the ISO 14001:2015 certification[75]. - The company reported a waste gas treatment capacity of 8,000 m³/h for spray painting and drying processes, with a 99.2% dust removal efficiency[75]. Shareholder Information - The total number of shares increased from 86,670,000 to 130,005,000 due to a capital reserve conversion, with a ratio of 10 shares resulting in 5 new shares issued[103]. - The largest shareholder, Zhu Qingya, holds 17.59% of the total shares, amounting to 22,869,516 shares[108]. - The company has 18,752 common stock shareholders as of the report date[108]. - The total number of shares held by the top 10 shareholders accounts for a significant portion of the company's equity, with the top three alone holding over 39%[108]. Corporate Governance - There were changes in senior management, with a new CFO appointed on June 15, 2021[71]. - The company has not engaged in any share buybacks or significant mergers and acquisitions during the reporting period[105]. - The financial report for the first half of 2021 was not audited[122]. - The company has not experienced any changes in the scope of consolidation during the reporting period[166].

Financial Performance - The company's revenue for Q1 2021 was ¥154,742,384.68, representing a 48.47% increase compared to ¥104,223,637.23 in the same period last year[8] - Net profit attributable to shareholders was ¥31,016,490.80, up 45.58% from ¥21,305,036.31 year-over-year[8] - The net profit after deducting non-recurring gains and losses was ¥28,462,015.34, reflecting a significant increase of 64.94% compared to ¥17,255,719.01 in the previous year[8] - Basic earnings per share increased by 9.09% to ¥0.36 from ¥0.33 year-over-year[8] - Total operating revenue for Q1 2021 reached ¥154,742,384.68, a 48.4% increase from ¥104,223,637.23 in the same period last year[40] - Net profit for Q1 2021 was ¥37,056,315.52, representing a 30.7% increase compared to ¥28,367,788.33 in Q1 2020[42] - The total profit before tax was ¥43,451,659.88, up from ¥33,374,306.75 in Q1 2020, reflecting a growth of 30.9%[42] - The total comprehensive income for the first quarter of 2021 was CNY 11,298,007.76, compared to CNY 8,687,539.67 in the same period last year, representing an increase of approximately 30%[50] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥38,995,255.31, a decline of 192.83% from ¥42,009,203.15 in the same period last year[8] - Cash inflow from operating activities was CNY 123,079,175.37, slightly down from CNY 126,254,290.94 in the previous year, indicating a decrease of about 2%[49] - The company's total cash outflow for operating activities was CNY 162,074,430.68, significantly higher than CNY 84,245,087.79 in the previous year, reflecting increased operational expenses[50] - Cash and cash equivalents decreased by 55.02% to ¥398,393,928.76 due to the purchase of financial products[16] - Cash and cash equivalents at the end of the period were CNY 373,186,293.35, down from CNY 44,134,915.32 at the end of the previous year[51] - The company reported a cash outflow from financing activities of CNY 51,244,700.44, compared to CNY 30,015,413.04 in the previous year, reflecting increased financing costs[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,969,281,928.01, a decrease of 3.82% from ¥2,047,450,024.45 at the end of the previous year[8] - Current assets decreased from CNY 1,774,175,520.48 to CNY 1,679,234,184.04, a decline of approximately 5.34%[32] - Total liabilities decreased from CNY 503,028,365.12 to CNY 387,803,953.16, a decline of about 23%[34] - The company reported a total liability of ¥374,018,765.63, down from ¥497,010,387.29 in the previous period[41] - Non-current assets increased from CNY 273,274,503.97 to CNY 290,047,743.97, an increase of approximately 6.3%[33] - The total assets decreased from CNY 2,047,450,024.45 to CNY 1,969,281,928.01, a decline of about 3.83%[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,633[12] - The net assets attributable to shareholders increased by 1.66% to ¥1,510,964,374.18 from ¥1,486,235,271.27 at the end of the previous year[8] - The total equity attributable to shareholders rose from CNY 1,486,235,271.27 to CNY 1,510,964,374.18, an increase of about 1.66%[35] Expenses and Investments - Total operating costs amounted to ¥113,644,830.05, up 50.5% from ¥75,443,768.85 year-over-year[41] - Research and development expenses rose by 102.35% to ¥6,719,430.37, reflecting increased investment in R&D projects[16] - Research and development expenses for Q1 2021 were ¥6,719,430.37, a 102.0% increase from ¥3,320,731.04 in the same period last year[41] - Sales expenses surged by 282.43% to ¥5,662,467.50, driven by increased revenue and related maintenance costs[16] - The company reported a significant increase of 1010.22% in credit impairment losses to ¥4,803,451.08, due to a decrease in the scale of accounts receivable[16] Financing Activities - Short-term borrowings decreased by 100% to ¥0.00 as the company repaid its short-term loans[16] - Long-term borrowings also decreased by 100% to ¥0.00 due to repayment of long-term loans[16] - The company’s short-term borrowings were reduced to zero from CNY 28,040,938.33, indicating a shift in financing strategy[34] Government Support - The company received government subsidies amounting to ¥2,863,032.10 during the reporting period[9] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[41]