Financial Performance - The company's operating revenue for Q3 2022 was ¥823,761,198.43, representing a 12.60% increase compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was ¥172,174,908.44, a 22.58% increase year-over-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥169,999,317.07, reflecting a 26.06% increase compared to the previous year[4] - The basic earnings per share for Q3 2022 was ¥0.05, up 25.00% from the previous year[4] - Total operating revenue for Q3 2022 reached CNY 2,132,577,451.15, an increase of 16.67% compared to CNY 1,828,026,479.74 in the same period last year[21] - Net profit for Q3 2022 was CNY 419,408,944.95, representing a 21.85% increase from CNY 344,230,789.18 in Q3 2021[23] - Total comprehensive income for the period reached CNY 419,408,944.95, an increase from CNY 344,230,789.18 in the previous period, representing a growth of approximately 21.9%[24] - Basic and diluted earnings per share increased to CNY 0.10, up from CNY 0.08, reflecting a growth of 25%[24] Cash Flow - The net cash flow from operating activities for the year-to-date period reached ¥961,370,632.22, a significant increase of 138.44% compared to the same period last year[4] - Net cash flow from operating activities rose by 138.44% to ¥961,370,632.22, primarily driven by a VAT refund of ¥33.6 million and improved collection of accounts receivable[11] - Cash flow from operating activities amounted to CNY 2,312,424,428.25, compared to CNY 1,516,146,948.16 in the previous period, indicating a growth of about 52.5%[26] - Net cash flow from operating activities was CNY 961,370,632.22, significantly higher than CNY 403,198,565.56 in the previous period, marking an increase of approximately 138.5%[26] - Cash flow from financing activities decreased by 44.76% to ¥803,814,323.98, mainly due to the absence of funds raised from the initial public offering in the previous year[11] - Cash flow from financing activities generated a net inflow of CNY 803,814,323.98, down from CNY 1,454,999,814.44 in the previous period, reflecting a decrease of approximately 44.7%[27] - The company received CNY 341,414,675.66 in tax refunds, a significant increase from CNY 14,296,313.74 in the previous period, representing a growth of about 2295%[26] Assets and Liabilities - Total assets as of September 30, 2022, were ¥15,000,336,362.65, marking a 10.64% increase from the end of the previous year[4] - The company's total assets as of Q3 2022 amounted to CNY 15,000,336,362.65, compared to CNY 13,557,967,459.39 at the end of Q3 2021, reflecting a growth of 10.66%[20] - Total liabilities increased to CNY 8,106,238,426.36 in Q3 2022, up from CNY 7,140,251,451.58 in Q3 2021, marking a rise of 13.49%[19] - The company's cash and cash equivalents increased to ¥921,058,455.32 from ¥823,716,950.39 in the previous year[16] - The company reported an increase in sales revenue from CNY 1,903,381,859.18 in the current period compared to CNY 1,433,900,924.95 in the previous period, indicating a growth of approximately 32.7%[25] Research and Development - Research and development expenses decreased by 54.67% as projects transitioned to the development phase, allowing for capitalization of costs[9] - The company’s research and development expenses decreased compared to the same period last year due to increased conditional expenditures[10] - Research and development expenses for Q3 2022 were CNY 2,359,495.47, a decrease of 54.66% from CNY 5,204,997.27 in Q3 2021, suggesting a potential shift in R&D strategy[22] Inventory and Prepaid Expenses - The company reported a significant increase in prepaid expenses by 313.55% due to payments for new projects[9] - Inventory levels rose by 70.02% as the company increased its biomass fuel reserves to ensure stable supply[9] - Inventory increased significantly to ¥120,187,191.02 from ¥70,688,655.70, reflecting changes in operational strategy[17] Investment Income - Investment income increased significantly by 368.32% to ¥44,814,176.79 due to improved operational performance of associated enterprises compared to the same period last year[10] - The company reported investment income of CNY 44,814,176.79 in Q3 2022, significantly higher than CNY 9,569,057.85 in the same quarter last year, indicating improved investment performance[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 169,496, with the largest shareholder, China Southern Power Grid Co., Ltd., holding 40.39%[12] - The total equity attributable to shareholders of the parent company increased to CNY 6,302,956,278.16 in Q3 2022, compared to CNY 5,968,453,257.75 in Q3 2021, reflecting a growth of 5.59%[20]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,308,816,252.72, representing a 19.37% increase compared to CNY 1,096,436,964.84 in the same period last year[11]. - The net profit attributable to shareholders for the first half of 2022 was CNY 210,055,381.96, a 25.70% increase from CNY 167,111,199.89 in the previous year[11]. - The total profit reached 253.88 million yuan, reflecting a year-on-year growth of 22.43%[21]. - The total comprehensive income for the first half of 2022 was CNY 228.05 million, compared to CNY 189.09 million in the first half of 2021, indicating an increase of approximately 20.6%[115]. - The total liabilities of the company reached ¥7,632,934,533.43, compared to ¥7,140,251,451.58 at the beginning of the year, reflecting an increase of 6.9%[110]. Cash Flow and Investments - The net cash flow from operating activities reached CNY 526,491,312.49, marking a significant increase of 238.88% compared to CNY 155,361,615.90 in the same period last year[11]. - The investment amount during the reporting period was CNY 939,861,119.51, representing a year-on-year increase of 12.61% compared to CNY 834,585,252.44 in the same period last year[41]. - The net cash flow from investment activities was -CNY 962,600,191.45, worsening from -CNY 872,536,163.69 in the same period last year, reflecting increased capital expenditures[120]. - The total cash inflow from financing activities was CNY 1,476,449,889.98, while the cash outflow was CNY 1,027,741,017.14, resulting in a net cash flow of CNY 448,708,872.84, compared to CNY 1,257,731,494.51 in the previous year[121]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 14,337,255,912.95, reflecting a 5.75% increase from CNY 13,557,967,459.39 at the end of the previous year[12]. - The company's total assets reached 67.04 billion CNY, with a debt-to-asset ratio of 53.24%[32]. - Long-term borrowings increased to CNY 3,881,385,255.36 from CNY 3,469,428,107.60, marking an increase of approximately 11.9%[107]. - The company's fixed assets rose to ¥8,486,616,244.25, which is 59.19% of total assets, reflecting an increase of 1.07 percentage points[38]. Earnings Per Share - Basic earnings per share for the first half of 2022 were CNY 0.06, up 20.00% from CNY 0.05 in the same period last year[11]. - The diluted earnings per share also stood at CNY 0.06, reflecting a 20.00% increase compared to CNY 0.05 in the previous year[11]. Governance and Compliance - The company has strengthened its governance structure by revising 28 governance documents to align with national reform requirements[22]. - The company has maintained compliance with environmental protection laws and regulations, with no administrative penalties for environmental issues during the reporting period[63]. - The company has been rated "A" in the Shenzhen Stock Exchange's 2021 information disclosure assessment, reflecting its commitment to high-quality information disclosure and investor relations[65]. Environmental Impact - The company achieved a power saving of 1.87 billion kWh during the first half of 2022, equivalent to saving 608,700 tons of standard coal and reducing carbon dioxide emissions by 1.7297 million tons[63]. - The total emissions reported for SO2 were 1.182 tons, NOx 24.052 tons, and particulate matter 2.990 tons, with the approved total emissions being SO2 36.04 tons/year, NOx 106.22 tons/year, and particulate matter 18 tons/year[60]. - The company has established reliable pollution prevention systems across its subsidiaries, with all pollution control facilities operating normally and no instances of exceeding emission standards reported[61]. Subsidiaries and Business Operations - The subsidiary Nandian Energy Comprehensive Utilization Co., Ltd. generated revenue of RMB 220.80 million and net profit of RMB 2.02 million[51]. - The subsidiary Foshan Comprehensive Energy Co., Ltd. reported revenue of RMB 95.53 million and net profit of RMB 2.79 million[51]. - The company is positioned as a leading provider of industrial energy-saving services, with a focus on comprehensive energy solutions[19]. Related Party Transactions - The company had a total of 23,139.26 million yuan in sales to related parties, accounting for 47.52% of similar transactions[78]. - The company provided energy-saving services to related parties, generating revenue of 17,669.26 million yuan, which represented 34.79% of similar transactions[78]. - The total expected daily related transactions for 2022 is estimated at CNY 2,088 million, with actual transactions in the first half amounting to CNY 602.30 million[80]. Future Plans and Strategies - The company plans to expand its building energy-saving projects, including new contracts for energy management services in various locations[37]. - The company aims to strengthen project risk assessment and improve investment risk control mechanisms[53]. - The company is actively pursuing new projects in comprehensive resource utilization and energy management[43].

Financial Performance - The company's operating revenue for Q1 2022 was ¥578,808,918.30, representing a 27.90% increase compared to ¥452,535,826.52 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥89,476,884.32, up 20.23% from ¥74,418,618.54 in the previous year[4] - Basic and diluted earnings per share increased by 12.38% to ¥0.0236 from ¥0.0210 year-on-year[5] - Net profit for Q1 2022 reached CNY 93,050,838.92, representing a 17.7% increase from CNY 79,048,038.15 in Q1 2021[21] - The total comprehensive income for the current period is 93,050,838.92, compared to 79,048,038.15 in the previous period, an increase of approximately 17.7%[22] Cash Flow - The net cash flow from operating activities surged by 570.01%, reaching ¥121,356,568.00 compared to ¥18,112,656.21 in Q1 2021[4] - Operating cash inflow for Q1 2022 was CNY 550,586,485.75, an increase of 51.83% compared to CNY 362,640,716.20 in Q1 2021, attributed to improved accounts receivable management[12] - Net cash flow from operating activities surged to CNY 121,356,568.00, a remarkable increase of 570.01% from CNY 18,112,656.21 in the same period last year, mainly due to increased VAT refunds[12] - Cash received from sales of goods and services reached 466,003,685.26, compared to 341,321,868.19 in the previous period, reflecting a growth of approximately 36.6%[24] - The total cash inflow from financing activities is 1,123,526,792.81, down from 1,408,402,660.55 in the previous period, a decrease of about 20.2%[25] - The net cash flow from investing activities is -400,054,744.60, slightly improved from -413,463,873.18 in the previous period[25] Assets and Liabilities - Total assets as of March 31, 2022, were ¥13,996,008,638.90, a 3.35% increase from ¥13,542,668,954.16 at the end of the previous year[5] - Total liabilities increased to CNY 7,500,540,297.40, compared to CNY 7,140,251,451.58 in the previous year, marking a rise of 5%[20] - Long-term borrowings increased to CNY 3,942,541,564.33, up 13.6% from CNY 3,469,428,107.60 year-over-year[20] - The equity attributable to shareholders of the parent company rose to CNY 6,040,985,485.95, up from CNY 5,951,508,601.63, reflecting a growth of 1.5%[20] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 184,572, with no preferred shareholders[13] - The largest shareholder, China Southern Power Grid Co., Ltd., holds 40.39% of shares, totaling 1,530,000,000 shares[14] - The second-largest shareholder, Nanfang Jianxin Fund Management Co., Ltd., holds 16.42% with 621,818,182 shares[14] Research and Development - Research and development expenses decreased by 33.81% to ¥720,740.81 from ¥1,088,871.56 in the same period last year[10] - Research and development expenses for Q1 2022 were CNY 720,740.81, a decrease of 33.7% from CNY 1,088,871.56 in Q1 2021[21] Investment Income - Investment income rose significantly by 511.97% to ¥23,182,503.58 compared to ¥3,788,159.31 in Q1 2021[11] - The company reported an investment income of CNY 23,182,503.58, significantly higher than CNY 3,788,159.31 in the same quarter last year[21] Operating Costs - The company reported a 37.81% increase in operating costs, totaling ¥387,316,980.18, attributed to business expansion[10] - Total operating costs for Q1 2022 were CNY 485,494,236.30, up 34% from CNY 362,795,916.80 in the same period last year[21] Cash and Cash Equivalents - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 925,421,044.02, up from CNY 823,716,950.39 at the beginning of the year[18] - The company's cash and cash equivalents increased to CNY 3,576,383,525.25, up from CNY 3,320,867,267.06, indicating a growth of 7.7%[20] - The cash and cash equivalents at the end of the period amount to 924,101,044.02, down from 1,025,813,375.92 in the previous period, a decrease of about 9.9%[25] Tax Refunds - The company reported a significant increase in tax refunds received, amounting to 64,693,369.07 compared to 6,296,406.59 in the previous period, a growth of over 926%[24] Audit Status - The company has not undergone an audit for the first quarter report[26]

Dividend Distribution - The company plans to distribute a cash dividend of 0.126 RMB per 10 shares to all shareholders, based on a total of 3,787,878,787 shares[3]. - The company proposed a cash dividend of 0.126 yuan per 10 shares for the 2021 fiscal year, totaling 47,727,272.72 yuan, which represents 100% of the distributable profit[186][187][190]. - The cash dividend policy complies with the company's articles of association and ensures reasonable returns for investors while considering sustainable development[186][187]. Financial Performance - The company's operating revenue for 2021 was ¥2,600,103,152.25, representing a 29.43% increase compared to ¥2,008,852,699.70 in 2020[12]. - The net profit attributable to shareholders for 2021 was ¥473,924,709.40, an 18.90% increase from ¥398,575,831.08 in 2020[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥458,019,831.25, up 29.27% from ¥354,309,682.16 in 2020[12]. - The company's total assets increased by 22.73% to ¥13,542,668,954.16 at the end of 2021, compared to ¥11,034,643,347.73 at the end of 2020[12]. - The net assets attributable to shareholders rose by 33.25% to ¥5,951,508,601.63 at the end of 2021, compared to ¥4,466,580,126.96 at the end of 2020[12]. - The company's total revenue for 2021 reached approximately ¥2.6 billion, representing a year-on-year increase of 29.43% compared to ¥2.01 billion in 2020[61]. - The total profit amounted to CNY 609.64 million, reflecting a growth of 28.76% compared to the previous year[41]. - The net profit attributable to shareholders was CNY 473.92 million, up by 18.90% year-on-year[41]. Operational Stability - There are no changes in the company's main business since its listing, indicating stability in operations[9]. - The company has not experienced any changes in its controlling shareholders, reflecting consistent ownership structure[9]. - The company has not reported any significant changes in its registered address or operational location, ensuring continuity in its business environment[6]. Governance and Compliance - The company emphasizes the importance of accurate financial reporting, with key executives affirming the completeness and truthfulness of the annual report[2]. - The company has engaged Tianzhi International Accounting Firm for auditing, ensuring compliance and transparency in financial practices[10]. - The company maintains a strong governance structure with a board of directors and supervisory board overseeing operations[2]. - The company has implemented a risk classification list and improved its internal control mechanisms to enhance compliance management[50]. - The internal control audit report confirmed that the company maintained effective financial reporting controls as of December 31, 2021[197]. Risk Management - The company has a comprehensive risk management strategy outlined in the management discussion section, addressing potential operational risks[2]. - The company is managing the risk of increasing accounts receivable due to delays in renewable energy subsidies, with plans to strengthen management and shorten recovery cycles[119]. - The company is addressing risks associated with contract energy management projects, which have long service periods and significant upfront investments, by focusing on high-quality clients[117]. Environmental Responsibility - The company is committed to environmental and social responsibility, as detailed in its annual report[5]. - The company is classified as a key pollutant discharge unit by the environmental protection department[199]. - Major pollutants include particulate matter, SO2, and NOx, with SO2 emissions totaling 7.529 tons, exceeding the standard by 106.22 tons[199]. - The company has implemented pollution control measures in accordance with environmental impact assessments, and the operation of related facilities has been satisfactory during the reporting period[200]. Revenue Sources and Business Segments - The company confirmed renewable energy subsidy income of CNY 549.63 million, accounting for 21.14% of total revenue during the reporting period[39]. - The company's industrial energy-saving service business achieved revenue of 999.77 million yuan, accounting for 38.45% of total revenue, with a year-on-year growth of 24.88%[44]. - The building energy-saving service business generated revenue of 634.78 million yuan, representing 24.41% of total revenue, with a year-on-year increase of 33.81%[45]. - The comprehensive resource utilization business reported revenue of 631.52 million yuan, a year-on-year growth of 73.62%, accounting for 24.29% of total revenue[47]. Future Outlook and Strategic Goals - The company aims to enhance its market competitiveness through innovation and efficient operational mechanisms, while actively participating in the "Double Hundred Action" initiated by the State-owned Assets Supervision and Administration Commission[57]. - The company has established a strategic goal to lead the comprehensive energy service industry, emphasizing high-quality development and innovation[105]. - The company has set a revenue target of 3.02 billion CNY and a net profit target of 600 million CNY for 2022, highlighting significant uncertainty in achieving these goals due to market conditions[108]. Human Resources and Management - The total number of employees at the end of the reporting period is 538, with 302 in the parent company and 236 in major subsidiaries[176]. - The professional composition includes 460 technical professionals, 57 management personnel, and 21 auxiliary staff[177]. - The company conducted 28 training sessions, training a total of 1,450 participants during the reporting period[183]. - The company has a remuneration management policy that aligns with government regulations regarding social insurance contributions[165]. Shareholder Engagement - The company held multiple shareholder meetings with participation rates of 100% for the first meeting and 76.09% for the second meeting, demonstrating strong shareholder engagement[138]. - The cash dividend distribution plan is subject to approval at the annual general meeting of shareholders[186][190].