Dayu Irrigation(300021)
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大禹节水:关于对外担保进展公告
2023-08-21 11:42
债券代码:123063 债券简称:大禹转债 证券代码:300021 证券简称:大禹节水 公告编号:2023-099 大禹节水集团股份有限公司 关于对外担保进展公告 8、 经营范围:水利水电工程、市政公用工程、电力工程、园林绿化工程 的施工;节水灌溉材料、管材、管件、型材、板材、饮水用塑料管材的开发、制 造、销售、安装;水利信息化技术开发、转让、咨询服务;智能水务信息化及自 动化设备制造、集成及施工;污水处理、水净化处理、水资源综合开发及利用。 9、 与公司关系:公司持有水电公司100%股权。 10、 财务指标: 本公司及其董事会全体成员保证公告内容真实、准确和完整,没有虚假记 载、误导性陈述或重大遗漏。 一、担保情况概述 大禹节水集团股份有限公司(以下简称"公司")分别于2023年04月07日、 2023年05月05日召开了第六届董事会第九次会议和2022年年度股东大会,审议通 过了《关于2023年度对外担保额度预计的议案》,同意公司在2023年度为下属公 司的融资提供担保额度总计不超过人民币15亿元,担保方式包括但不限于保证、 质押、抵押;担保期限以实际签署的担保协议为准。公司可以根据实际情况,在 上述额度 ...
大禹节水:北京市中伦律师事务所关于公司调整2021年限制性股票激励计划公司层面业绩考核指标的法律意见书
2023-08-21 11:42
北京市中伦律师事务所 关于大禹节水集团股份有限公司 调整 2021 年限制性股票激励计划公司层面业绩考核指标的 法律意见书 二〇二三年八月 | 一、 本次调整的批准与授权 - | 3 - | | --- | --- | | 二、 本次调整的主要内容 - | 3 - | | 三、 结论意见 - | 7 - | 北京市朝阳区金和东路 20 号院正大中心 3 号南塔 22-31 层 邮编:100020 22-31/F, South Tower of CP Center, 20 Jin He East Avenue, Chaoyang District, Beijing l00020, P.R. China 电话/Tel : +86 10 5957 2288 传真/Fax : +86 10 6568 1022/1838 www.zhonglun.com 北京市中伦律师事务所 对本法律意见书,本所律师作出如下声明: 1.本所律师在工作过程中,已得到大禹节水的保证:即公司业已向本所律师 提供了本所律师认为制作法律意见书所必需的原始书面材料、副本材料和口头证 言,其所提供的文件和材料是真实、完整和有效的,且无隐瞒、虚假和重 ...
大禹节水:2021年限制性股票激励计划实施考核管理办法(修订稿)
2023-08-21 11:42
| 证券代码:300021 | 证券简称:大禹节水 | 公告编号:2023-097 | | --- | --- | --- | | 债券代码:123063 | 债券简称:大禹转债 | | 大禹节水集团股份有限公司 2021 年限制性股票激励计划实施考核管理办法(修订稿) 大禹节水集团股份有限公司(以下简称"公司")为进一步完善公司法人治 理结构,健全公司的激励约束机制,形成良好均衡的价值分配体系,充分调动公 司员工的积极性,使其更诚信勤勉地开展工作,以保证公司业绩稳步提升,确保 公司发展战略和经营目标的实现,公司拟实施 2021 年限制性股票激励计划(以 下简称"股权激励计划"或"限制性股票激励计划")。 为保证股权激励计划的顺利实施,现根据《中华人民共和国公司法》、《中华 人民共和国证券法》、《上市公司股权激励管理办法》等法律、法规和规范性文件、 以及《大禹节水集团股份有限公司章程》、《大禹节水集团股份有限公司 2021 年 限制性股票激励计划(草案)》的相关规定,并结合公司的实际情况,特制定本 办法。 一、考核目的 为了加强公司股权激励计划执行的计划性,量化公司股权激励计划设定的具 体目标,促进激励对象考 ...
大禹节水(300021) - 大禹节水调研活动信息
2023-07-18 00:12
Group 1: Project Background and Investment - The Yuanmou project is located in Yunnan Province, characterized by low water resources and high evaporation rates, with an annual rainfall of 657.5 mm and evaporation of 3627 mm, leading to a water shortage rate of 28.06% and an irrigation shortage rate of 44.83% [2][3] - The first phase of the Yuanmou project covers 114,000 mu (approximately 76,000 acres) with a total investment of 308 million CNY, including 120 million CNY from the government and 147 million CNY from social capital [3][4] - The second phase of the project has a total investment of 385 million CNY, utilizing a "equity investment + franchise" cooperation model [4] Group 2: Project Implementation and Management - The project includes water intake, transportation, distribution, and field engineering, benefiting 13,300 households and 66,300 people [3][4] - The project has established a comprehensive management system, improving operational efficiency and achieving a 100% water fee collection rate [4][5] - The project has shifted from a government-led model to a collaborative model involving government, social capital, and farmers, enhancing community engagement and management [5][6] Group 3: Technological and Operational Improvements - The Yuanmou project has implemented a full pipeline irrigation system, increasing water utilization efficiency from 0.5 to 0.9 and saving over 21.58 million cubic meters of water annually [5][6] - The project has introduced smart water meters for precise measurement and payment, improving transparency and user satisfaction [5][6] - The project has diversified funding sources, reducing government financial pressure and promoting sustainable investment in water infrastructure [5][6] Group 4: Socioeconomic Impact - The project has transformed traditional irrigation methods, leading to increased crop yields and farmer incomes, with average income per mu increasing by over 5000 CNY [5][6] - The project has contributed to poverty alleviation, benefiting 573 registered impoverished households and 2109 individuals through improved agricultural practices [5][6] - The Yuanmou project has received multiple accolades, including recognition as a national agricultural product quality safety county and a provincial modern agricultural industrial park [6][7] Group 5: Replication and Future Prospects - The "Yuanmou model" is being adapted and promoted in various regions across China, addressing the challenges of water management and agricultural efficiency [6][7] - The company aims to leverage its experience in agricultural water management to expand its operational services, focusing on sustainable practices and technological integration [7]
大禹节水(300021) - 2023 Q1 - 季度财报
2023-04-24 16:00
Financial Performance - The company's operating revenue for Q1 2023 was ¥457,389,932.80, a decrease of 15.68% compared to ¥542,441,122.09 in the same period last year[5]. - Net profit attributable to shareholders was ¥10,172,352.01, down 37.45% from ¥16,262,002.80 year-on-year[5]. - Basic earnings per share decreased by 20.00% to ¥0.0164 from ¥0.0205 in the same period last year[5]. - Total revenue for Q1 2023 was CNY 457,389,932.80, a decrease of 15.7% compared to CNY 542,441,122.09 in the same period last year[20]. - Net profit for Q1 2023 was CNY 4,111,143.84, a decline of 41.5% from CNY 7,002,106.63 in Q1 2022[20]. - The total comprehensive income attributable to the parent company for Q1 2023 was ¥10,172,352.01, down from ¥16,262,002.80 in Q1 2022, reflecting a decrease of approximately 37.5%[21]. Cash Flow - The net cash flow from operating activities was -¥315,651,220.06, representing a decline of 101.32% compared to -¥156,791,398.00 in the previous year[9]. - The net cash flow from investing activities for Q1 2023 was -¥185,521,788.59, compared to -¥15,588,599.04 in Q1 2022, indicating increased cash outflow for investments[24]. - The net cash flow from financing activities for Q1 2023 was ¥236,982,232.21, an increase from ¥143,764,365.85 in Q1 2022, showing improved financing inflow[24]. - The total cash outflow from operating activities in Q1 2023 was ¥1,041,600,108.55, compared to ¥970,985,122.44 in Q1 2022, indicating an increase in cash outflow[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,760,080,660.63, an increase of 4.91% from ¥6,443,949,468.44 at the end of the previous year[5]. - Total assets decreased to CNY 6,760,080,660.63 from CNY 6,951,784,865.45, a decline of 2.8%[20]. - Total liabilities decreased to CNY 4,410,139,824.79 from CNY 4,592,842,746.67, a reduction of 4.0%[20]. - Long-term borrowings increased to CNY 797,150,132.87 from CNY 674,562,132.29, an increase of 18.2%[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,050[11]. - The largest shareholder, Wang Haoyu, holds 21.55% of the shares, amounting to 185,748,831 shares, with 139,311,623 shares pledged[11]. - The company reported a total of 181,318,818 shares held by shareholder Qiu Ling, representing a significant portion of the total shares[12]. - The top ten shareholders collectively hold a significant number of shares, with the largest shareholder holding over 181 million shares[12]. - The company has not disclosed any related party relationships among the top ten shareholders, except for known familial ties[12]. Research and Development - Research and development expenses decreased by 35.80% to ¥5,345,145.27 from ¥8,325,900.37 in the previous year[9]. - The company reported a decrease in research and development expenses to CNY 5,345,145.27 from CNY 8,325,900.37, a decline of 35.7%[20]. Other Income and Investments - Other income increased by 94.13% to ¥6,589,704.01 compared to ¥3,394,418.54 in the same period last year, mainly due to increased government subsidies[9]. - The company reported a significant increase in investment income, which rose by 539.88% to ¥1,366,494.93 from -¥310,653.30 in the previous year[9]. Stock Incentive Plans - The company has engaged in a share repurchase plan, which was approved in the board meeting held on February 27, 2023[15]. - The company is actively managing its stock incentive plans, with specific timelines for the release of restricted shares[14]. - The company plans to release 25% of restricted shares for key executives annually based on the previous year's holdings[14]. - A total of 34,000 restricted shares were repurchased and canceled due to the departure of five incentive plan participants[16]. - The company has a total of 160,404,353 restricted shares at the end of the reporting period, after accounting for the removal of 340,000 shares[14].
大禹节水:大禹节水业绩说明会、路演活动等
2023-04-19 12:12
证券代码:300021 证券简称:大禹节水 大禹节水集团股份有限公司 投资者关系活动记录表 编号:202304001 | 投资者关系 | | | 特定对象调研、分析师会议、媒体采访、 | 业绩说明会、 | | --- | --- | --- | --- | --- | | 活动类别 | 新闻发布会 路演活动现场参观其他(电话会议) | | | | | 参与单位名 称及人员姓 | 国寿安保基金葛佳;中金资管莫华寅;中航证券彭海兰;浙商证券江路;光大证券 方钰涵;申万宏源证券杨鹏仁;中信建投证券黄孝捷、贾彤;紫薇基金王冰;华能信托 | | | | | | 郭泽龙;佳岳投资王佳明;泰舜投资王北京;明世伙伴基金高梦晨;泽铭投资侯宏森; | | | | | 名 | 北京中阅资本杨凯飞;中信银行武照人;金融界周婷、常乐;英才杂志丁景芝;以及其 | | | | | | 他参与公司 2022 年度网上业绩说明会的投资者 | | | | | 时 间 | 2023 年 4 月 18 日 15:00-18:00 | | | | | 地 点 | 全景网、深圳证券交易所互动易平台 | | | | | 上市公司接 待人员 ...
大禹节水(300021) - 2022 Q4 - 年度财报
2023-04-10 16:00
Financial Performance - The company's operating revenue for 2022 was ¥3,401,038,875.18, a decrease of 3.24% compared to ¥3,515,088,577.67 in 2021[20]. - The net profit attributable to shareholders for 2022 was ¥97,057,693.13, down 28.27% from ¥135,300,594.61 in 2021[20]. - The cash flow from operating activities increased significantly by 120.86% to ¥377,013,134.18 in 2022, compared to ¥170,703,086.95 in 2021[20]. - The total assets at the end of 2022 reached ¥6,951,784,865.45, reflecting a growth of 9.91% from ¥6,324,984,404.84 at the end of 2021[20]. - The basic earnings per share decreased by 32.69% to ¥0.1149 in 2022, down from ¥0.1707 in 2021[20]. - The company reported a net profit excluding non-recurring gains and losses of ¥89,398,707.16 for 2022, a decline of 29.18% from ¥126,226,378.75 in 2021[20]. - The weighted average return on equity for 2022 was 5.00%, down from 8.08% in 2021, indicating a decrease of 3.08%[20]. - The company achieved operating revenue of 3,401.04 million yuan, a decrease of 3.24% compared to the previous year[65]. - The net profit attributable to shareholders was 97.06 million yuan, down 28.27% year-on-year[65]. - The net cash flow from operating activities increased by 120.86% to 377.01 million yuan[65]. Business Strategy and Focus - The company is focused on the digital water conservancy industry, integrating modern technologies such as IoT, cloud computing, and AI to enhance efficiency and effectiveness in water management[30]. - The digital water conservancy sector is currently transitioning from resource-based to digital development, emphasizing the need for smart solutions and decision-making capabilities[31]. - The company aims to enhance its comprehensive solution capabilities to meet the increasing market demand for integrated project implementation[35]. - The company is positioned as a comprehensive solution service provider in digital water conservancy, integrating planning, investment, product manufacturing, and operation maintenance[35]. - The company is actively involved in the development of digital twin water conservancy systems, which are essential for modern water management and disaster prevention[33]. - The company is committed to promoting the integration of digital technology in water resource management to enhance operational capabilities[40]. - The company aims to complete the construction of 45 million mu of new high-standard farmland and the transformation of 35 million mu in the annual task for 2023[40]. - The company plans to implement a series of major water conservancy projects, with a focus on sustainable development and attracting social capital investment[40]. Research and Development - The company has a research and development team of approximately 600 people focused on digital twin technology applications in water conservancy and agriculture[36]. - The company emphasizes a research and development model driven by market demand and industry trends, focusing on digital and intelligent technology integration for product innovation[56]. - The company increased its R&D investment significantly, resulting in a substantial rise in R&D expenses, which impacted net profit[66]. - The number of R&D personnel increased to 223 in 2022, a 223.19% increase from 69 in 2021, representing 8.29% of the total workforce[102]. - R&D investment amounted to ¥138,371,600.20 in 2022, accounting for 4.07% of operating revenue, up from 3.42% in 2021[102]. Market and Competitive Landscape - The company has established a comprehensive marketing system covering all provinces outside Hong Kong, Macau, and Taiwan, enhancing its national marketing network[75]. - The company anticipates increased market competition as more social capital enters the water conservancy and agricultural service sectors[135]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2025[155]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in sales in that region over the next two years[173]. Governance and Compliance - The company received the highest grade A in the Shenzhen Stock Exchange's 2021 information disclosure assessment, indicating strong transparency and governance practices[147]. - The company operates independently from its controlling shareholder, maintaining a complete business system and the ability to operate independently in the market[149]. - The company has established an independent financial management center with dedicated financial personnel, ensuring a separate financial accounting system and the ability to make independent financial decisions[151]. - The company has a well-defined governance structure with a strategic development center, financial management center, and various functional management departments operating independently[151]. - The company is committed to strict compliance with its internal governance rules and has established committees to oversee compensation and strategic planning[194]. Future Outlook - The company provided a future outlook, projecting a revenue growth of 15% for 2023, aiming for 607.1 million in total revenue[155]. - The company plans to enhance its supply chain management, which is expected to improve delivery times by 15%[173]. - The company aims to enhance its operational maintenance capabilities, recognizing its unique advantages in this area to drive profit growth[134]. - The company plans to focus on digital irrigation construction, emphasizing the development of a "smart irrigation brain" and SaaS products to enhance water management efficiency[131]. Awards and Recognition - The company has received multiple awards, including the "Gansu Province Quality Award" and "China Quality Award Nomination Award" in 2022[74]. - The company has been recognized for its contributions to water-saving irrigation technology, receiving several provincial and national awards[166]. - The company was recognized for its digital twin projects, which have been included as exemplary applications by the Ministry of Water Resources[67]. Subsidiaries and Investments - The company reported a net profit of 128.23 million yuan from its subsidiary, Gansu Dayu Water Saving Group, with a revenue of 2.64 billion yuan[124]. - The company’s subsidiary, Dayu Design Consulting Group, generated a net profit of 39.88 million yuan with a revenue of 329.70 million yuan[124]. - The company’s subsidiary, Tianjin Dayu Water Saving, reported a net profit of 5.29 million yuan with a revenue of 535.75 million yuan[124]. - The company established a new subsidiary, Beijing Yuzun Engineering Design Co., Ltd., during the reporting period, which had no significant impact on overall operations[124].
大禹节水:关于举行2022年年度报告网上业绩说明会的通知
2023-04-10 12:14
证券代码:300021 证券简称:大禹节水 公告编号:2023-040 债券代码:123063 债券简称:大禹转债 本公司及其董事会全体成员保证公告内容真实、准确和完整,没有虚假记载、误导性 陈述或重大遗漏。 重要内容提示: https://rs.p5w.net/html/136628.shtml 或扫描下方二维码: 大禹节水集团股份有限公司 关于举行 2022 年年度报告网上业绩说明会的通知 会议召开方式:视频直播和网络互动 投资者可于 2023 年 4 月 11 日至 4 月 17 日期间将需要了解的情况和关注 问题预先发送至公司邮箱(dyjszqb@dyjs.com),公司将在说明会上就投资者普 遍关注的问题进行回答。 公司于 2023 年 4 月 11 日披露《2022 年年度报告》。为便于广大投资者更全 面深入地了解公司 2022 年年度的经营成果及财务状况,公司决定于 2023 年 4 月 18 日以网络形式召开 2022 年年度业绩说明会。 一、说明会类型 本次投资者说明会以网络形式召开,公司将针对 2022 年年度的经营成果及财 务指标的具体情况与投资者进行互动交流和沟通,在信息披露允许的范围 ...
大禹节水(300021) - 2022 Q3 - 季度财报
2022-10-24 16:00
Financial Performance - The company's revenue for Q3 2022 was ¥681,131,501.96, representing a 2.06% increase year-over-year, while the year-to-date revenue reached ¥2,064,174,890.30, up 21.09% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥13,674,003.07, a decrease of 55.82% year-over-year, and the year-to-date net profit was ¥45,959,451.16, down 26.26% compared to the previous year[5] - The basic earnings per share for Q3 2022 was ¥0.0160, down 58.76% year-over-year, while the diluted earnings per share was ¥0.0195, a decrease of 50.88% compared to the same period last year[5] - Total operating revenue for Q3 2022 reached CNY 2,064,174,890.30, an increase of 21.1% compared to CNY 1,704,608,403.52 in Q3 2021[18] - Net profit for Q3 2022 was CNY 48,305,111.63, down 30.0% from CNY 69,080,414.18 in the same period last year[19] - Operating profit for Q3 2022 was CNY 68,212,748.96, a decrease of 17.0% from CNY 82,100,980.73 in Q3 2021[18] - The company reported a total operating cost of CNY 2,004,161,090.95, which is an increase of 24.4% from CNY 1,611,465,340.42 in Q3 2021[18] Assets and Liabilities - The company's total assets at the end of Q3 2022 were ¥6,401,106,622.08, reflecting a 1.20% increase from the end of the previous year[5] - The company's current assets decreased to CNY 4,316,651,767.47 from CNY 4,623,041,340.95 at the beginning of the year, representing a decline of approximately 6.63%[16] - The total liabilities decreased to CNY 4,122,059,830.18 from CNY 4,274,204,072.73, indicating a reduction of about 3.56%[17] - The company's equity attributable to shareholders increased to CNY 1,965,116,691.72 from CNY 1,721,025,251.37, reflecting a growth of approximately 14.19%[17] - The total equity increased to CNY 2,279,046,791.90 from CNY 2,050,780,332.11, indicating an increase of approximately 11.1%[17] Cash Flow - The cash flow from operating activities for the year-to-date period was -¥83,306,577.09, an improvement of 78.78% compared to the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY 83,306,577.09, an improvement from a net outflow of CNY 392,499,660.62 in Q3 2021[21] - Cash flow from financing activities generated a net inflow of CNY 163,660,055.50, down from CNY 321,713,296.07 in Q3 2021[21] Research and Development - Research and development expenses for Q3 2022 increased by 231.24% to ¥65,935,161.62, indicating a significant investment in innovation[8] - Research and development expenses increased significantly to CNY 65,935,161.62, up 231.5% from CNY 19,905,529.27 in Q3 2021[18] - Research and development expenses increased by 12% year-over-year, reflecting the company's commitment to innovation[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,775[9] - Wang Haoyu holds 21.54% of shares, totaling 185,748,831 shares, with 67,240,000 shares pledged[9] - Q3 2022 report indicates that the top ten shareholders collectively hold significant stakes, with the largest shareholder, Qiu Ling, owning 21.03%[9] - The total number of shares held by the top ten unrestricted shareholders is 181,318,818 shares[9] - The company has a total of 12,039,000 restricted shares, with 2,287,500 shares released during the period[12] - The company plans to release 25% of restricted shares annually for certain executives starting from the beginning of each year[12] - The report highlights that the company is actively managing shareholder relationships and share pledges[9] Market Outlook and Strategy - The company provided a future outlook with a revenue guidance of 1.5 billion yuan for Q4 2022, indicating a growth of 25% year-over-year[23] - New product development includes the launch of a smart irrigation system, expected to increase market share by 10%[23] - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in sales in that region by the end of 2023[23] - A strategic acquisition of a local competitor is anticipated to enhance the company's technology capabilities and increase overall market share by 5%[23] Customer and Operational Metrics - User data showed an increase in active users by 20% compared to the previous quarter, reaching 5 million active users[23] - Customer satisfaction ratings improved to 90%, up from 85% in the previous quarter, indicating enhanced service quality[23] - The company aims to reduce operational costs by 15% through efficiency improvements in the next fiscal year[23] Other Financial Metrics - The company experienced a 1684.07% increase in trading financial assets, reaching ¥108,029,635.99, attributed to increased investment in financial products[8] - The company reported a total of ¥5,935,914.84 in non-recurring gains and losses for the current period, down from ¥12,233,946.17 in the previous year[6] - The company reported a gross margin of 40% for Q3 2022, an improvement from 35% in the same period last year[23]
大禹节水(300021) - 2022 Q2 - 季度财报
2022-08-22 16:00
Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,383,043,388.34, representing a 33.34% increase compared to CNY 1,037,204,390.98 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 32,285,448.09, a 2.90% increase from CNY 31,376,035.40 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 25,987,416.76, up 8.13% from CNY 24,034,401.30 year-on-year[22]. - The net cash flow from operating activities improved to -CNY 100,472,720.68, a 55.53% improvement from -CNY 225,958,604.15 in the previous year[22]. - Total assets at the end of the reporting period were CNY 6,409,236,597.94, a 1.33% increase from CNY 6,324,984,404.84 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company increased by 12.94% to CNY 1,943,707,048.05 from CNY 1,721,025,251.37 at the end of the previous year[22]. - Basic earnings per share rose to CNY 0.041, a 2.50% increase from CNY 0.040 in the previous year[22]. - Diluted earnings per share decreased by 28.26% to CNY 0.033 from CNY 0.046 in the previous year[22]. - The weighted average return on net assets was 1.88%, slightly down from 1.89% in the previous year[22]. Government Initiatives and Market Potential - The company operates in the rural water conservancy sector, which is crucial for enhancing agricultural production conditions and improving rural living standards[30]. - The government has set a target to complete the construction of 100 million mu of high-standard farmland in 2022, with a cumulative area of 400 million mu for efficient water-saving irrigation[35]. - The Ministry of Water Resources plans to invest over 800 billion in water conservancy construction in 2022, emphasizing the need for financial support and social capital participation[35]. - The company is positioned to benefit from the rapid growth in rural sewage treatment, which is currently lagging behind urban development, indicating significant market potential[37]. - The government aims to improve rural living environments through comprehensive actions, including the treatment of rural sewage and solid waste management[38]. Technological Advancements and Innovations - The company is focusing on the integration of digital technologies in water management to enhance efficiency and decision-making capabilities[36]. - The company is exploring low-cost rural sewage treatment technologies to promote resource utilization and environmental sustainability[39]. - The company is a leader in the agricultural efficient water-saving sector, with product performance reaching international advanced levels[62]. - The company focuses on integrating new technologies such as big data and artificial intelligence into its water conservancy operations[60]. - The company has developed a comprehensive smart water management platform, integrating water network, information network, and service network[66]. Strategic Goals and Future Plans - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company aims to build 1 billion mu of high-standard farmland by 2022 to ensure a stable grain production capacity of over 1 trillion jin[48]. - The company is committed to enhancing the management level of irrigation districts to achieve efficient water use and ecological sustainability[48]. - The company is expected to add 15 million acres of effective irrigation area and improve 9.8 million acres of irrigation area through the implementation of major water conservancy projects, which will increase grain production capacity by 5.7 billion kilograms, leading to a total grain output of approximately 80 billion kilograms[47]. - The company is actively participating in the promotion of water-saving agriculture and the modernization of irrigation systems to enhance food security[47]. Corporate Governance and Compliance - The company has committed to timely and accurate disclosure of the status and actual use of raised funds[103]. - The company has not encountered any issues regarding the management of raised funds, ensuring compliance with relevant regulations[103]. - The company has committed to not using its controlling relationship to harm the interests of the issuer or its subsidiaries[148]. - The company has emphasized the importance of compliance with new regulatory requirements and has pledged to provide supplementary commitments as necessary[148]. - The company has reiterated its commitment to transparency and accountability in its operational and financial practices[148]. Social Responsibility and Community Engagement - The company actively participates in social responsibility initiatives, donating over ¥3 million in pandemic prevention materials to various regions[78]. - The company has been recognized with the "May 1st Labor Award" for its contributions to rural environmental improvement and water conservancy upgrades[144]. - The company aims to provide high-quality products and services while creating value for shareholders and fostering a harmonious environment[144]. Market Expansion and Competitive Landscape - The company is focusing on expanding its market presence and developing new technologies[108]. - The company is focusing on expanding its market presence through new partnerships and operational agreements in various regions[158]. - The company plans to expand its market presence by entering two new provinces, aiming for a 10% market share in these regions by the end of 2023[149]. - The company is committed to maintaining fair pricing and transparency in its operational agreements[157]. Research and Development - Research and development investment surged by 205.77% to approximately ¥41.12 million, driven by increased investment in digital twin and modern irrigation research[82]. - New product development initiatives are underway, with an investment of 200 million yuan allocated for R&D in innovative technologies[149]. Shareholder Commitments and Equity Management - The controlling shareholders committed to bear the responsibility for any tax liabilities arising from the company's income tax assessments for the years 2006 and 2007, which are calculated at 1% of the revenue from water-saving projects[147]. - The controlling shareholders also promised that they and their affiliated companies would not engage in any business activities that compete with the company's main business during their ownership period[147]. - The company has committed to not establishing or acquiring any subsidiaries that engage in similar business activities, both domestically and internationally[148].