编号：2017-007 证券代码：300072 证券简称：三聚环保 北京三聚环保新材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |-----------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------| | | √ | 特 ...

证券代码：300072 证券简称：三聚环保 北京三聚环保新材料股份有限公司 投资者关系活动记录表 编号：2017-008 | --- | --- | --- | --- | |----------------|-----------------------|----------------------------|-------| | | √ | 特定对象调研 □分析师会议 | | | 投资者关系活动 | □媒体采访 | □业绩说明会 | | | 类别 | □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） | | | | 姓名 | 单位 | 职务 | | | 王强 | 招商证券 | | | 参与单位名称及 | 王亮 | 招商证券 | | | 人员姓名 | 谢譞璇 | 大成基金 | | | | 孙耀文 | 力鼎资本 | | | | 康赞亮 | 中原资产 | | | | 李锦文 | 南方基金 | | | | 王达 | 华商基金 | | | | 章晖 | 南方基金 | | | | 周一枫 | 东兴资管 | | | | 李文广 | 中银基金 | | ...

4 @ 三聚环保 SJ Environmental Protection 生物燃料 市场、技术及产业规划 c ninf ජීපු www.cnifd.com.cn CONTENTS 目录 1 生物燃料的分类 2 生物燃料市场分析 3 三聚环保生物燃料技术 4 产业发展规划 生物质能的特点 优异的可再生清洁能源 总量丰富，可大规模替代化石能源 分布广泛，缓解能源对外依赖 产品形式多样： 物理态的热和电 生物燃料、生物基化学品 亿吨标油 全球每年可利用的 陆地生物质能总量 300 2017年全球 一次能源供给量 135 生物燃料 | --- | --- | --- | |---------------------------------------------------------------------------------------------------------|-------|-------| | | | | | 利用生物质（包括从植物或动物中获取的 有机质）生产的液体或者气体燃料 | | | | 主要用于交通运输领域，以替代如汽油、 柴油、航煤等化石燃料 是降低交通运输碳排放的最直接、有效的 ...

Group 1: Investor Relations Activity - The activity involved a specific object investigation and a site visit to the Hebi pilot base and Hebi suspension bed demonstration device [2] - Participants included representatives from Zhongyi Capital, CITIC Securities, Guosheng Securities, Minsheng Securities, and CICC [2] - The event took place on September 10, 2019, at the Hebi pilot base [2] Group 2: Company Presentation and Technology Overview - The company introduced its biofuel market, technology, and current production status during a meeting [2] - The visit included a tour of the Hebi suspension bed and biofuel technology pilot base, showcasing the biofuel production process [2] - The event was hosted by the Secretary of the Board and the Assistant General Manager of Sanju Environmental Protection [2]

证券代码：300072 证券简称：三聚环保 编号：2018-1 北京三聚环保新材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |----------------|-----------------------|--------------|-------| | | □特定对象调研 | □分析师会议 | | | | □媒体采访 √业绩说明会 | | | | 投资者关系活动 | □新闻发布会 □路演活动 | | | | 类别 | □现场参观 | | | | | √其他 （电话会议） | | | | | 姓名 | 单位 | 职务 | | | 李博 | 大成基金 | | | | 李锦文 | 南方基金 | | | | 朱玮琳 | 银华基金 | | | | 徐颖真 | 富国基金 | | | | 谈洁颖 | 财通基金 | | | | 吕无双 | 泰康资产 | | | | 周南 | 国联安基金 | | | 参与单位名称及 | 王达 | 华商基金 | | | 人员姓名 | 张露 | 华夏基金 | | | | 谢吉 | 安邦资产 | | | | 王松强 | 长城资产 | | | | 武 ...

北京海新能源科技股份有限公司 2022 年第三季度报告 证券代码：300072 证券简称：海新能科 公告编号：2022-080 北京海新能源科技股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大 遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度报告是否经过审计 □是 否 1 北京海新能源科技股份有限公司 2022 年第三季度报告 会计政策变更的原因及会计差错更正的情况 一、主要财务数据 （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 追溯调整或重述原因 会计政策变更 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------- ...

Financial Performance - The company reported a total revenue of 500 million RMB for the first half of 2022, representing a 20% increase compared to the same period last year[21]. - The company expects a revenue growth of 25% for the full year 2022, driven by new product launches and market expansion strategies[21]. - The company achieved operating revenue of ¥4,805,720,505.12, representing a 38.47% increase compared to the same period last year[38]. - The net profit attributable to shareholders was -¥148,161,736.43, showing a significant improvement of 55.41% from the previous year's loss[38]. - The net cash flow from operating activities was -¥302,561,193.50, a decline of 275.26% compared to the previous year[38]. - The total assets at the end of the reporting period were ¥15,381,142,704.16, an increase of 4.16% from the end of the previous year[38]. - The net assets attributable to shareholders decreased by 5.52% to ¥7,697,489,164.40 compared to the previous year[38]. - The company reported non-recurring gains of ¥20,255,875.22, primarily from the disposal of fixed and intangible assets[34]. - The company reported a significant increase in financing activities, with net cash flow of ¥650,151,711.24, compared to a negative cash flow of -¥550,767,507.82 in the previous year, representing a 218.04% increase[87]. - The company achieved a revenue of ¥4,805,720,505.12 in the reporting period, representing a year-on-year increase of 38.47% compared to ¥3,470,630,474.50 in the previous year[87]. - The company's operating costs rose to ¥4,467,165,652.74, marking a 46.64% increase from ¥3,046,334,435.05 in the same period last year[87]. - Investment income decreased to approximately -¥75.73 million, representing a decline of 210.01% year-over-year, mainly due to the absence of gains from the sale of subsidiaries in the current period[90]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[21]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[21]. - The company plans to expand its international market presence by developing authorized agents in Europe and increasing direct sales to end customers[51]. - The company has set up subsidiaries in Malaysia and Singapore to enhance overseas raw material supply and product sales channels[49]. - The company is actively expanding its market presence and enhancing management in technology, procurement, and marketing to improve efficiency[70]. Research and Development - Research and development expenses increased by 30% to 50 million RMB, focusing on new energy technologies and product innovation[21]. - The company has established a complete technology innovation system with three national-level research platforms and four independent R&D centers[71]. - The company received 24 patent authorizations during the reporting period, including 9 invention patents and 15 utility model patents[83]. - The company has accumulated a total of 690 valid patents as of June 30, 2022, including 529 invention patents[83]. - The company is committed to innovation and sustainable development in response to national policies on energy structure optimization and circular economy[38]. - The company is collaborating with Dalian Institute of Chemical Physics to develop cobalt-based Fischer-Tropsch synthesis technology, which has significant market potential due to its unique properties[81]. Environmental and Safety Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[146]. - The company has made adjustments in its management team, including the resignation of several directors and senior management personnel[140]. - The company has established and certified an environmental management system in accordance with ISO 14001 standards, enhancing internal management levels across various subsidiaries[176][177][182]. - The company has invested a total of 561.47 million RMB in safety measures and 6.79 million RMB in environmental protection expenditures, including third-party monitoring and maintenance of environmental facilities[188]. - The company has implemented measures to reduce carbon emissions and has achieved significant water savings by reusing approximately 50,000 tons of wastewater annually through a zero-discharge water treatment agent[189]. - The company has conducted regular safety and environmental inspections, ensuring compliance with national regulations and enhancing safety management levels across subsidiaries[188]. - The company has achieved compliance with environmental monitoring standards, with all monitored indicators meeting regulatory requirements[179][182]. - The company has reported no major safety or environmental incidents during the reporting period, maintaining a strong safety record[187]. - The company has installed two desulfurization and denitrification units to treat waste gases from coking processes[173]. Product Development and Sales - Future product lines are expected to include advanced renewable energy solutions, with a projected launch in Q4 2022[21]. - The company focuses on the production and sales of biodiesel, utilizing waste oils as raw materials, which significantly reduces CO2 emissions by 80% compared to fossil fuels[39]. - The company produces and sells specialty chemical products including styrene, neopentyl glycol, LNG, liquid ammonia, and DMMn, with a focus on environmental applications[42]. - The company has established a comprehensive procurement, production, and sales system across its business sectors, including biofuels and specialty chemicals[48]. - The company adjusts its sales pricing based on market demand, raw material costs, and external economic conditions, with significant factors including carbon trading prices and government subsidies[54]. Challenges and Risks - The management highlighted risks related to market volatility and regulatory changes that could impact future performance[5]. - The company is facing risks related to management during its transformation into a state-controlled enterprise, necessitating improved management capabilities[133]. - The bioenergy products are primarily for export, exposing the company to risks from international market fluctuations and policy changes[135]. - The average profit per ton of coke in China was -42 RMB/ton, indicating significant production pressure due to high raw material costs[47]. - The domestic styrene market experienced a fluctuating upward trend, driven by global inflation and tight supply of pure benzene[47]. Financial Decisions and Shareholder Returns - No cash dividends or stock bonuses will be distributed to shareholders for the current fiscal year[6]. - The company plans not to distribute cash dividends or issue bonus shares for the semi-annual period[141]. - There were no stock incentive plans or employee stock ownership plans implemented during the reporting period[142].

Financial Performance - The company reported a total revenue of 2,349,720,302 RMB for the year, with a cash dividend of 0.05 RMB per 10 shares distributed to shareholders[6]. - The company's operating revenue for 2021 was ¥5,750,649,462.56, a decrease of 19.38% compared to ¥7,133,442,298.65 in 2020[28]. - The net profit attributable to shareholders in 2021 was ¥82,911,732.28, representing a significant increase of 106.01% from a loss of ¥1,380,160,472.90 in 2020[28]. - The net cash flow from operating activities reached ¥1,024,302,950.14 in 2021, a remarkable increase of 210.60% compared to a negative cash flow of ¥926,110,670.91 in 2020[28]. - The total assets at the end of 2021 were ¥14,769,888,368.94, down 21.81% from ¥18,889,296,831.40 at the end of 2020[28]. - The company reported a basic earnings per share of ¥0.0353 in 2021, recovering from a loss of ¥0.5874 in 2020[28]. - The company received government subsidies amounting to ¥17,580,944.38 in 2021, down from ¥32,479,125.58 in 2020[36]. - The company reported a total of ¥62,925,661.68 in other non-recurring gains, primarily from the transfer of wholly-owned subsidiaries[36]. Market Strategy and Operations - The company plans to expand its market presence and enhance its product offerings, focusing on new technologies and materials[6]. - The management highlighted potential risks in future operations and outlined corresponding mitigation strategies[6]. - The company has not made any commitments regarding future performance forecasts, emphasizing the importance of risk awareness for investors[6]. - The company emphasizes the importance of reading the full annual report for comprehensive insights into its operations and financial health[6]. - The company has shifted its strategic focus towards biofuel trade, reducing its involvement in traditional fossil fuel trading[53]. - The company is actively involved in the development of new technologies and products, including DMMn, which is part of a national energy innovation project[57]. - The company is committed to advancing its core technology demonstration projects, with the Haiguo Long oil suspension bed project achieving mid-term delivery[99]. Research and Development - The company holds 8 authorized patents for chemical fertilizer catalysts and 18 for hydrogenation catalysts, indicating a strong R&D advantage domestically[57]. - The company has applied for 3 patents related to biodiesel, with 58 authorized patents for related technologies, positioning it as an international leader in this field[57]. - The company has developed advanced materials and catalysts, including iron-based and ruthenium-based catalysts, with over 20 years of research in catalytic purification materials[72]. - The company is developing new catalysts for biofuels, aiming to enhance production capabilities and reduce costs[137]. - The company has made significant progress in various R&D projects, including the development of new purification agents and hydrogenation catalysts[137]. - The company has established partnerships with academic institutions, such as Fuzhou University, to enhance its R&D capabilities and patent portfolio[86]. Environmental and Sustainability Initiatives - The company’s biofuel production technology converts waste oils into green biodiesel and aviation fuel, contributing to the green energy market[52]. - The company aims to provide comprehensive technical solutions for the energy chemical industry, focusing on energy conservation and environmental protection[52]. - The company is committed to environmental sustainability, as evidenced by its low secondary pollution and cost-effective desulfurization solutions[81]. - The technology has passed certification by the China Environmental Protection Industry Association and is recognized as a domestic innovation reaching international advanced levels[82]. Financial Management and Investments - The company has engaged Lianda Accounting Firm for auditing services during the reporting period[27]. - The company has no ongoing major non-equity investments during the reporting period, indicating a focus on core operations[62]. - The company has implemented a comprehensive assessment management system to optimize personnel structure and retain talent, aiming for sustainable growth[102]. - The company has made significant improvements in its operational efficiency and governance, focusing on maximizing shareholder value[101]. - The company has successfully accelerated capital turnover by selling accounts receivable, improving operational efficiency[185]. - The company plans to focus on optimizing its asset structure through strategic sales and acquisitions[189]. Revenue and Cost Analysis - The chemical segment contributed ¥5.32 billion, accounting for 92.52% of total revenue, down 20.35% from the previous year's ¥6.68 billion[104]. - The new energy segment generated ¥419.82 million, representing 7.30% of total revenue, a slight decrease of 4.32% from ¥438.77 million in the previous year[104]. - The total operating costs decreased by 19.22% to ¥5,015,865,202.68 in 2021[123]. - The main business cost for the chemical sector was ¥4,521,950,920.23, representing 90.15% of total operating costs, a decrease of 22.08% compared to the previous year[123]. - The company reduced its accounts receivable from ¥7.60 billion at the beginning of the period to ¥2.38 billion by the end of the reporting period[99]. Asset Management - The company's long-term equity investments increased significantly to 1,533,588,980.48 yuan, accounting for 10.38% of total assets, due to the inclusion of new subsidiaries[148]. - The company's inventory decreased to 1,753,072,398.20 yuan, representing 11.87% of total assets, mainly due to reduced inventory from purification projects[148]. - The company's short-term borrowings decreased to 368,182,379.43 yuan, accounting for 2.49% of total liabilities, due to repayments made during the reporting period[152]. - The company has secured various assets with restricted rights, primarily due to bank loan collateral agreements[156]. Future Projections and Commitments - The company reported a net profit expectation of ¥17,677,600.00 annually from the Bohu Sanju Green Huai project, with a tax-inclusive payback period[168]. - The annual net profit forecast for the Pinglu Sanju Green Source 10,000-ton straw biomass comprehensive recycling project is estimated at CNY 17,174,100, with a payback period of 7.28 years including a 1-year construction period[170]. - The company plans to focus on hydrocarbon biodiesel, eco-friendly materials, and chemical products as its main business directions moving forward[111].

[Key Financial Data](index=1&type=section&id=I.%20Key%20Financial%20Data) This section provides an overview of the company's financial performance and position, including key accounting data, financial indicators, and non-recurring gains and losses [Key Accounting Data and Financial Indicators](index=1&type=section&id=I.%20(I)%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2022, the company's operating revenue increased by 51.94% year-over-year, but net profit attributable to shareholders turned from profit to loss, declining sharply by 1,454.80%; net cash flow from operating activities also turned negative, and basic earnings per share significantly deteriorated Q1 2022 Key Financial Indicators | Indicator | Current Period | Prior Period | Change from Prior Period | | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 1,975,535,505.72 | 1,300,214,788.33 | 51.94% | | Net Profit Attributable to Shareholders (RMB) | -176,353,637.73 | 13,016,948.93 | -1,454.80% | | Net Cash Flow from Operating Activities (RMB) | -109,513,635.69 | 351,203,794.41 | -131.18% | | Basic Earnings Per Share (RMB/share) | -0.0751 | 0.0055 | -1,465.45% | | Total Assets (RMB) | 15,083,869,179.09 | 14,769,888,368.94 (End of Previous Year) | 2.13% | | Total Equity Attributable to Shareholders (RMB) | 7,963,743,106.22 | 8,148,725,909.65 (End of Previous Year) | -2.27% | [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=I.%20(II)%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, total non-recurring gains and losses amounted to 16.95 million RMB, primarily from disposal gains/losses of fixed and intangible assets, government grants, and interest income from non-financial enterprises; after deducting non-recurring items, the company's net loss expanded to 193 million RMB Q1 2022 Non-Recurring Gains and Losses Items | Item | Current Period Amount (RMB) | Notes | | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 12,788,703.61 | Primarily gains/losses from disposal of fixed and intangible assets | | Government Grants Recognized in Current Profit/Loss | 2,265,538.57 | Primarily government grants received in the current period | | Interest Income from Non-Financial Enterprises Recognized in Current Profit/Loss | 3,686,556.61 | Primarily interest income from non-financial enterprises | | Other Non-Operating Income and Expenses | -1,561,361.83 | Primarily the company's net non-operating income and expenses | | **Total** | **16,953,589.63** | -- | [Analysis of Changes in Key Financial Indicators](index=2&type=section&id=I.%20(III)%20Analysis%20of%20Changes%20in%20Key%20Accounting%20Data%20and%20Financial%20Indicators) Multiple financial indicators changed significantly during the reporting period, primarily due to changes in consolidation scope (inclusion of Meifang Coking, exclusion of Jutao), subsidiary business fluctuations, and financing activities; revenue growth was driven by Meifang Coking consolidation and Sanju Hong Kong's biodiesel business, while net profit decline was impacted by reduced investment income and increased financial expenses - Operating revenue increased by **51.94%** year-over-year, primarily due to the consolidation of Meifang Coking and increased biodiesel revenue from wholly-owned subsidiary Sanju Hong Kong[9](index=9&type=chunk) - Financial expenses significantly increased by **185.59%** year-over-year, mainly due to accrued interest on financial assistance from Haidian State-owned Capital Investment Group, consolidation of Meifang Coking, and increased interest on borrowings by Shandong Sanju[9](index=9&type=chunk) - Investment income decreased by **144.28%** year-over-year, turning from profit to loss, primarily because the prior period included gains from the transfer of subsidiaries (Baoju Technology and Sanju Energy), which did not occur in the current reporting period[9](index=9&type=chunk) - Gains on asset disposal surged by **14675.73%** year-over-year, mainly due to the company recognizing income from contributing patent technology as capital to Fuda Zijin during the reporting period[9](index=9&type=chunk) - Net cash flow from operating activities decreased by **131.18%** year-over-year, turning from net inflow to net outflow; net cash flow from investing activities also turned negative, primarily because the prior period included significant cash receipts from subsidiary disposals, which did not occur in the current period[3](index=3&type=chunk)[9](index=9&type=chunk)[12](index=12&type=chunk) [Shareholder Information](index=4&type=section&id=II.%20Shareholder%20Information) This section details the company's shareholder structure, including common shareholdings and changes in restricted shares [Common Shareholder Holdings](index=4&type=section&id=II.%20(I)%20Total%20Common%20Shareholders,%20Number%20of%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights,%20and%20Top%20Ten%20Shareholder%20Holdings) As of the end of the reporting period, the company had 48,387 common shareholders; the top two shareholders, state-owned entities Beijing Haixin Zhi and Haidian District State-owned Assets Supervision and Administration Commission, are parties acting in concert, holding over 35% combined, with several top ten shareholders having pledged shares - As of the end of the reporting period, the company had **48,387** common shareholders[13](index=13&type=chunk) Top Ten Shareholder Holdings (As of Q1 2022 End) | Shareholder Name | Shareholder Type | Holding Percentage | Number of Shares Held | Share Status | | :--- | :--- | :--- | :--- | :--- | | Beijing Haixin Zhi Low-Carbon Technology Development Co., Ltd. | State-owned Legal Entity | 29.48% | 692,632,562 | Pledged | | Beijing Haidian District State-owned Assets Investment and Management Co., Ltd. | State-owned Legal Entity | 5.74% | 134,908,721 | - | | Beijing Zhongheng Tianda Technology Development Co., Ltd. | Domestic Non-State-owned Legal Entity | 4.53% | 106,485,951 | Pledged | | Zhang Xueling | Domestic Individual | 1.50% | 35,339,874 | Pledged | | Wang Mihong | Domestic Individual | 1.21% | 28,440,481 | - | | Liu Lei | Domestic Individual | 1.04% | 24,325,991 | Pledged | | Tao Jiezhi | Domestic Individual | 1.03% | 24,144,557 | - | | Hong Kong Securities Clearing Company Limited | Foreign Legal Entity | 0.96% | 22,664,760 | - | | Lin Ke | Domestic Individual | 0.68% | 15,870,902 | Pledged | | Beijing Renren Zhongke Trading Co., Ltd. | Domestic Non-State-owned Legal Entity | 0.66% | 15,544,527 | - | - The largest shareholder, Beijing Haixin Zhi Low-Carbon Technology Development Co., Ltd., and the second largest shareholder, Beijing Haidian District State-owned Assets Investment and Management Co., Ltd., are parties acting in concert[16](index=16&type=chunk) [Changes in Restricted Shares](index=5&type=section&id=II.%20(III)%20Changes%20in%20Restricted%20Shares) During the reporting period, the company's total restricted shares decreased from 20,123,871 at the beginning of the period to 19,823,871 at the end, due to executive Cao Huafeng's release of 300,000 restricted shares from executive lock-up Restricted Share Movement Details | Shareholder Name | Restricted Shares at Beginning of Period | Shares Released from Restriction This Period | Restricted Shares at End of Period | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | | Liu Lei | 18,244,493 | 0 | 18,244,493 | Executive Lock-up Shares | | Cao Huafeng | 1,248,025 | 300,000 | 948,025 | Executive Lock-up Shares | | Sun Yanhong | 631,353 | 0 | 631,353 | Executive Lock-up Shares | | **Total** | **20,123,871** | **300,000** | **19,823,871** | -- | [Other Significant Matters](index=5&type=section&id=III.%20Other%20Significant%20Matters) This section confirms the absence of any other material events requiring disclosure during the reporting period [Other Significant Matters](index=5&type=section&id=III.%20Other%20Significant%20Matters) The company had no other significant matters requiring disclosure in this reporting period - The company had no other significant matters requiring disclosure in this reporting period[18](index=18&type=chunk) [Quarterly Financial Statements](index=6&type=section&id=IV.%20Quarterly%20Financial%20Statements) This section presents the company's consolidated financial statements for the first quarter, including the balance sheet, income statement, and cash flow statement [Consolidated Balance Sheet](index=6&type=section&id=IV.%20(I)%201.%20Consolidated%20Balance%20Sheet) As of March 31, 2022, the company's total assets were 15.084 billion RMB, a 2.13% increase from the beginning of the year; total liabilities were 6.450 billion RMB, a 9.27% increase; the asset-liability ratio rose from 39.97% to 42.76%; and total equity attributable to shareholders was 7.964 billion RMB, a 2.27% decrease from the beginning of the year Key Items from Consolidated Balance Sheet | Item | Period-End Balance (RMB) | Year-Beginning Balance (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 15,083,869,179.09 | 14,769,888,368.94 | +2.13% | | Total Liabilities | 6,450,127,686.74 | 5,902,963,450.62 | +9.27% | | Total Equity Attributable to Parent Company Owners | 7,963,743,106.22 | 8,148,725,909.65 | -2.27% | [Consolidated Income Statement](index=8&type=section&id=IV.%20(I)%202.%20Consolidated%20Income%20Statement) In Q1 2022, the company achieved operating revenue of 1.976 billion RMB, a 51.94% year-over-year increase; however, due to total operating costs (+63.37%) growing faster than revenue, coupled with investment income turning negative, operating profit recorded a loss of 223 million RMB, and net profit attributable to parent company owners was -176 million RMB, turning from profit to loss year-over-year Key Items from Consolidated Income Statement | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,975,535,505.72 | 1,300,214,788.33 | +51.94% | | Total Operating Costs | 2,184,946,451.59 | 1,337,460,917.16 | +63.37% | | Operating Profit | -222,880,506.93 | 38,441,243.59 | -679.80% | | Net Profit Attributable to Parent Company Owners | -176,353,637.73 | 13,016,948.93 | -1454.80% | [Consolidated Cash Flow Statement](index=10&type=section&id=IV.%20(I)%203.%20Consolidated%20Cash%20Flow%20Statement) During the reporting period, net cash flow from operating activities was -110 million RMB, turning from positive to negative year-over-year; net cash flow from investing activities was -82 million RMB, also turning negative; net cash flow from financing activities was 398 million RMB, primarily from borrowings and other financing-related cash receipts; the combined effect of these three activities resulted in a net increase of 205 million RMB in cash and cash equivalents at period-end Key Items from Consolidated Cash Flow Statement | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -109,513,635.69 | 351,203,794.41 | | Net Cash Flow from Investing Activities | -82,098,990.30 | 214,409,694.29 | | Net Cash Flow from Financing Activities | 398,114,448.12 | -498,656,244.10 | | Net Increase in Cash and Cash Equivalents | 204,558,248.38 | 66,767,509.45 | [Audit Report](index=12&type=section&id=(II)%20Audit%20Report) This section confirms the audit status of the quarterly financial report [Audit Opinion](index=12&type=section&id=(II)%20Audit%20Report) The company's Q1 2022 financial report was unaudited, which is standard practice for quarterly reports - The company's Q1 2022 report was unaudited[43](index=43&type=chunk)

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,607,354,885.80, a decrease of 8.22% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥67,141,811.99, representing an 81.37% decline year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥69,824,076.30, down 80.82% from the previous year[3]. - The basic earnings per share for Q3 2021 was -¥0.0286, an 81.36% decrease year-over-year[3]. - The company's net profit for the period was not explicitly stated, but the total assets decreased to CNY 13,691,739,647.61 from CNY 18,889,296,831.40, indicating a significant reduction in asset base[34]. - The net profit for Q3 2021 was -361,707,127.28 CNY, compared to -650,575,642.65 CNY in the same period last year, showing an improvement of approximately 44%[36]. - The total comprehensive income attributable to the parent company was -630,057,331.26 CNY, while the total comprehensive income attributable to minority shareholders was -47,332,649.67 CNY[38]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,691,739,647.61, a decrease of 27.52% compared to the end of the previous year[3]. - The equity attributable to shareholders was ¥7,691,856,401.70, down 5.34% from the end of the previous year[3]. - The total liabilities decreased to CNY 5,711,249,233.84 from CNY 9,115,858,348.46, showing a reduction of 37.56%[32]. - The company's equity attributable to shareholders decreased to CNY 7,691,856,401.70 from CNY 8,125,679,361.75, reflecting a decline of 5.35%[32]. - The company's total liabilities rose from CNY 9,115,858,348.46 to CNY 9,170,844,419.96, an increase of CNY 54,986,071.50[47]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥244,074,963.94, a decline of 138.12% compared to the same period last year[3]. - The company reported a significant decrease in cash received from operating activities, totaling ¥57,068,987.48, down 78.46% compared to ¥264,968,116.56 in the previous period[12]. - Cash received from investment activities was notably impacted, with a net cash inflow of ¥551,162,910.75 from the disposal of subsidiaries, marking a 100% increase[12]. - The company experienced a substantial increase in cash received from financing activities, amounting to ¥2,984,814,020.94, up 592.68% from ¥430,908,677.49[12]. - The financing activities generated a net cash outflow of -570,602,388.41 CNY, compared to -750,063,946.55 CNY in the previous year[41]. - The company recorded a decrease in cash and cash equivalents, with a net decrease of -1,135,820,860.03 CNY, ending the period with 546,208,977.13 CNY[41]. Changes in Subsidiaries - The company announced the planned deregistration of 14 subsidiaries under its controlling subsidiary, Beijing Sanju Green Source Co., Ltd., to streamline its organizational structure and alleviate operational pressure[19]. - As of the report date, 11 subsidiaries have been successfully deregistered, including companies in Jinchang, Qishan, Hulin, and others[20]. - The company decided that Giant Ocean Oilfield Services Co., Ltd. will no longer be included in the consolidated financial statements due to the loss of control, effective June 30, 2021[21]. - This adjustment will reduce total assets by approximately ¥371.50 million, total liabilities by ¥243.96 million, and net assets by ¥127.54 million, while increasing investment income by ¥7.20 million[22]. - The company’s cash and cash equivalents will decrease by ¥131.24 million as a result of these changes[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,143, with the largest shareholder holding 29.48% of the shares[13]. - The largest shareholder, Beijing Haidian Technology Development Co., Ltd., held 227,612,994 shares, which are pledged and frozen[13]. - The controlling shareholder is planning to transfer 29.48% of the company's shares, which amounts to 692,632,562 shares, at a price of ¥6.46 per share, totaling approximately ¥4.47 billion[25]. - The share transfer is subject to approval from relevant authorities and compliance checks by the Shenzhen Stock Exchange[25]. - The company is currently following the approval procedures for the share transfer in accordance with state-owned equity trading regulations[27]. Operational Changes - The chairman of the board, Liu Lei, resigned and Zhang Pengcheng was elected as the new chairman, with the change in legal representative completed on August 3, 2021[24]. - The company has implemented new leasing standards effective from January 1, 2021, impacting financial reporting[47]. - The report for the third quarter was not audited, indicating preliminary financial results[48]. Inventory and Receivables - Inventory decreased by 34.55% to approximately CNY 1.41 billion, attributed to a reduction in inventory related to purification projects[7]. - Other receivables increased by 110.17% to approximately CNY 414.69 million, primarily due to increased inter-company transactions following the transfer of a subsidiary[7]. - Prepayments decreased by 51.56% to approximately CNY 1.03 billion due to the transfer of subsidiaries and settlement of prepayments[7]. Expenses and Income - Sales expenses decreased by 41.90% to approximately CNY 43.56 million due to improved expense management[10]. - Investment income plummeted by 7024.23% to a loss of approximately CNY 925,501.43, resulting from the transfer of subsidiaries[10]. - Research and development expenses for the period were CNY 153,112,231.99, slightly down from CNY 165,391,142.17, indicating a focus on cost management[34].