Financial Performance - The company's operating revenue for 2021 was CNY 999,022,553.21, representing a 33.39% increase compared to CNY 748,975,168.80 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 70,134,098.47, a significant increase of 115.45% from CNY 32,552,291.00 in 2020[19]. - The basic earnings per share for 2021 was CNY 0.1088, up 115.45% from CNY 0.0505 in 2020[19]. - The total assets at the end of 2021 reached CNY 3,913,698,281.92, marking a 6.59% increase from CNY 3,671,896,684.08 at the end of 2020[19]. - The net cash flow from operating activities for 2021 was CNY 237,763,162.43, a 9.38% increase from CNY 217,377,835.79 in 2020[19]. - The company achieved a total revenue of CNY 999.02 million in 2021, representing a year-on-year growth of 33.39%[59]. - The net profit attributable to shareholders was CNY 70.13 million, with a significant increase of 115.45% compared to the previous year[59]. - Environmental operation services generated revenue of CNY 591.43 million, marking a 97.53% increase year-on-year[61]. - The company reported a total operating cost of ¥730,397,882.73, which is a 35.40% increase from the previous year[72]. Dividend Distribution - The company plans to distribute a cash dividend of 0.80 RMB per 10 shares to all shareholders, based on a total of 644,500,165 shares[5]. - The cash dividend distribution accounted for 100% of the total profit distribution amount, with a per-share dividend of CNY 0.80[172]. - The company has not made any adjustments to its profit distribution policy during the reporting period[170]. - The company plans to distribute a cash dividend of 0.80 CNY per 10 shares, based on a total share capital of 644,500,165 shares, pending approval at the 2021 annual general meeting[173]. Market Expansion and Strategy - The company is exploring market expansion opportunities both domestically and internationally to enhance its service reach[15]. - The company has set ambitious performance guidance for the upcoming fiscal year, aiming for a revenue growth of over 15%[15]. - The company is focused on expanding its environmental protection services, aligning with national carbon peak and carbon neutrality goals[13]. - The company aims to expand its business across the entire environmental service industry chain, including soil remediation, hazardous waste treatment, and renewable energy[51]. - The company plans to enter two new regional markets, which are projected to generate an additional 200 million yuan in revenue[148]. - The company will focus on four major metropolitan areas: Yangtze River Delta, Beijing-Tianjin-Hebei, Pearl River Delta, and Chengdu-Chongqing for market expansion[111]. Research and Development - The company is committed to ongoing research and development of new products to meet evolving environmental standards[15]. - The company has filed for 2 authorized patents related to heavy metal in-situ biological fixation and stabilization repair technology[79]. - Research and development expenses increased by 96.32% to 31,475,489.22 yuan compared to the previous year, primarily due to increased R&D investments by subsidiaries[77]. - The number of R&D personnel increased to 118 in 2021, a 100% increase from 59 in 2020, with R&D personnel now accounting for 16% of the total workforce[82]. - The company’s R&D investment in 2021 amounted to ¥31,475,489.22, representing 3.15% of operating revenue, an increase from 2.14% in 2020[83]. Environmental Impact and Compliance - The company processed a total of approximately 79.93 million tons of waste across its two waste-to-energy projects in Hengyang and Xinyu, resulting in a reduction of about 19.98 million tons of CO2 equivalent emissions[194]. - The company achieved zero environmental accidents across all its facilities, maintaining compliance with environmental management standards[192]. - The company is classified as a key pollutant discharge unit by environmental protection authorities, indicating its significant role in environmental management[187]. - The company is continuously monitoring its environmental impact and compliance with pollution discharge standards[187]. - The company has improved its environmental monitoring management system, ensuring transparency and public oversight of its emissions data[193]. Operational Efficiency and Management - The company emphasizes the importance of maintaining transparency and accuracy in its financial reporting and disclosures[4]. - The company is actively managing its cost structure, with a notable increase in other costs due to the implementation of accounting standards[72]. - The company is focused on internal control and financial status, ensuring compliance with relevant laws and regulations[161]. - The management team is responsible for daily operations and has established a performance evaluation incentive system linked to business performance[127]. - The company has established a governance structure that complies with legal and regulatory standards, ensuring independence from the controlling shareholder[130]. Risks and Challenges - The company has outlined potential risks it may face in the future, detailed in the management discussion and analysis section of the report[5]. - The company faces operational risks due to macroeconomic uncertainties and industry policy changes, which may impact its growth in various environmental sectors[113]. - The company is facing risks of reduced gross margins due to intensified market competition in soil remediation, air governance, and industrial solid waste management, with increasing participation from strong state-owned and private enterprises[114]. - Recent acquisitions require comprehensive integration of acquired companies to align with the company's strategic goals, facing potential risks in human resources and financial management[116]. Corporate Governance and Shareholder Engagement - The company held 6 supervisory board meetings during the reporting period, ensuring compliance with laws and regulations to protect shareholder rights[125]. - The company actively engages with investors, hosting performance briefings and conducting on-site research to gather feedback[128]. - The annual shareholders' meeting had a participation rate of 61.47%, approving key reports and financial decisions[132]. - The company has established a three-year shareholder return plan for 2021-2023, aiming to provide consistent returns to shareholders[157]. - The company has implemented a salary management system for senior management, which is subject to board approval and performance evaluations[151]. Social Responsibility and Community Engagement - The company has established the "Yongqing Environmental Scholarship" to reward outstanding graduate students in environmental science and technology, promoting environmental education[197]. - The company is committed to rural revitalization efforts, engaging employees in purchasing agricultural products to support local farmers and enhance rural development[198]. - The company emphasizes corporate culture by organizing various activities to boost employee morale and cohesion[196]. - The company actively participates in public welfare initiatives, such as the "Rural Teacher Training" fundraising campaign, to support education in rural areas[197].

Financial Performance - The company's revenue for Q3 2021 was CNY 262,086,310.71, representing a 23.37% increase year-over-year, and a total revenue of CNY 662,297,059.87 for the year-to-date, up 35.71% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was CNY 7,147,655.06, a decrease of 39.35% year-over-year, while the year-to-date net profit was CNY 52,600,655.94, an increase of 3.19%[5] - The company reported a basic earnings per share of CNY 0.0111 for Q3 2021, down 39.34% year-over-year, with a year-to-date figure of CNY 0.0816, up 3.16%[5] - Net profit for the period was ¥77,803,128.36, compared to ¥52,396,429.27 in the same period last year, reflecting a growth of approximately 48.5%[24] - The net profit attributable to the parent company was ¥52,600,655.94, slightly up from ¥50,976,632.06[24] Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 3,887,701,962.27, a 5.88% increase from the end of the previous year[6] - The company’s equity attributable to shareholders increased by 3.72% to CNY 1,497,777,688.94 compared to the end of the previous year[6] - The company reported a total liability of ¥2,265,456,453.91, compared to ¥2,100,671,954.20 in the previous year[23] - Total current assets amount to ¥1,440,867,659.15, an increase from ¥1,387,318,340.94 at the end of 2020[18] - Total non-current assets as of September 30, 2021, are ¥2,446,834,303.12, up from ¥2,284,578,343.14 at the end of 2020[19] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 74,487,056.51, down 21.97% compared to the previous year[11] - The cash inflow from investment activities totaled 165,414,116.45 CNY, while cash outflow was 292,612,545.78 CNY[28] - The net cash flow from investment activities was -127,198,429.33 CNY, a significant decrease compared to -688,880,740.75 CNY in the previous period[28] - The total cash inflow from financing activities was 495,000,000.00 CNY, down from 978,550,500.00 CNY in the previous period[28] - The net increase in cash and cash equivalents for the period was 53,242,648.33 CNY, compared to 29,765,808.40 CNY in the previous period[28] Research and Development - Research and development expenses surged by 117.26% to CNY 20,738,563.38, reflecting increased investment in new projects and subsidiaries[11] - Research and development expenses increased to ¥20,738,563.38 from ¥9,545,360.33, indicating a focus on innovation[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 31,188[13] - Hunan Yongqing Environmental Technology Industry Group Co., Ltd. holds 61.34% of shares, totaling 395,325,811 shares, with 315,370,000 shares pledged[13] - The company has a total of 770,373 shares under lock-up agreements, with no shares released during the reporting period[16] Other Information - The company did not require adjustments to the beginning balance sheet items due to the new leasing standards implemented from January 1, 2021[30] - The third quarter report was not audited[31]

证券代码：300187 证券简称：永清环保 公告编号：2021-059 永清环保股份有限公司 关于参加湖南辖区上市公司 2021 年度投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，使广大投资者能更加深入全面地了解公 司情况，永清环保股份有限公司（以下简称"公司"）将参加由中国证券监督管 理委员会湖南监管局主办、湖南省上市公司协会与深圳市全景网络有限公司协办 的"2021 年湖南辖区上市公司投资者网上集体接待日"活动。现将有关事项公 告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台，采取网络远程的方式举行，投资者可以登陆"全景·路演天下"网站 （http://rs.p5w.net/）参与公司本次投资者网上集体接待日活动，活动时间为 2021 年 9 月 24 日（星期五）下午 15:00－17:00。 届时公司董事会秘书潘洁女士及证券部相关工作人员将通过网络文字交流 形式与投资者进行沟通和交流，欢迎广大投资者积极参与。 特此公告。 永清环保股份有限公司 董 事 会 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 400,210,749.16, representing a 45.22% increase compared to CNY 275,581,196.47 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was CNY 45,453,000.88, up 15.98% from CNY 39,191,000.82 year-on-year[24]. - The net cash flow from operating activities reached CNY 90,974,476.83, a significant increase of 147.95% compared to CNY 36,691,303.21 in the previous year[24]. - The total assets at the end of the reporting period were CNY 3,777,069,601.52, reflecting a 2.86% increase from CNY 3,671,896,684.08 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company increased by 3.19% to CNY 1,490,089,495.48 from CNY 1,444,019,661.31 at the end of the previous year[24]. - The basic earnings per share for the reporting period was CNY 0.0705, an increase of 15.95% compared to CNY 0.0608 in the same period last year[24]. - The diluted earnings per share also stood at CNY 0.0705, reflecting a 15.95% increase year-on-year[24]. - The weighted average return on net assets was 3.10%, up from 2.48% in the previous year, indicating improved profitability[24]. Revenue Segments - The environmental engineering services segment generated revenue of 183 million yuan, up 49.89% year-on-year, with significant performance in soil remediation projects[36]. - The air pollution control business reported revenue of 72.86 million yuan, reflecting a year-on-year growth of 74.08%[37]. - The company's environmental operation services generated revenue of 198 million yuan, a year-on-year increase of 66.11%[38]. Project Developments - The company secured three soil remediation projects in the Yangtze River Delta region, totaling an order value of 123 million yuan[36]. - The company won contracts for two major air pollution control projects, with a total bid amount of 176 million yuan[37]. - The company has established a complete industrial chain for soil remediation, covering planning, investigation, risk assessment, design, and construction[32]. - The hazardous waste disposal projects have an approved disposal capacity of 71,400 tons per year[34]. Research and Development - The company plans to establish a dual-carbon research institute to provide comprehensive services for carbon peak and carbon neutrality[35]. - The company continues to focus on technology research and development to enhance service capabilities and meet customer demands[36]. - Research and development investment increased by 58.23% to ¥10,381,170.33, up from ¥6,560,981.81 in the previous year[64]. Environmental Impact - The company reduced approximately 150,000 tons of carbon dioxide emissions through waste incineration, with each ton of waste incinerated reducing emissions by 0.3 to 0.5 tons[38]. - The company is committed to achieving the "3060 dual carbon" goals, utilizing core technologies in waste incineration and hazardous waste treatment to reduce greenhouse gas emissions compared to fossil fuel power generation[114]. - The hazardous waste treatment projects significantly enhance local disposal capabilities, effectively reducing pollution risks to air, water, and soil[114]. Market Position and Strategy - The company has established a leading position in soil remediation, air pollution control, and new energy sectors, expanding its business from traditional air pollution control to a comprehensive environmental service platform[53]. - The company is actively enhancing its talent pool and management capabilities to support rapid business growth and improve its competitive edge in the market[62]. - The company is actively expanding its market presence and optimizing its industrial structure to mitigate risks associated with policy changes and market competition[93]. Financial Management - The company has optimized its organizational structure and enhanced resource allocation efficiency, focusing on talent recruitment and training to strengthen its development foundation[39]. - The company is closely monitoring accounts receivable to mitigate bad debt risks, emphasizing customer credit management and collection efforts as key performance indicators for sales and engineering departments[96]. - The company has increased its acquisition efforts for quality projects, focusing on comprehensive integration post-acquisition to align with overall strategic goals, addressing potential management risks[97]. Regulatory Environment - The implementation of the revised Environmental Protection Law and the Soil Pollution Prevention and Control Law has created a favorable regulatory environment for the environmental remediation industry[54]. - The government has increased support for environmental remediation, with over CNY 810 billion invested in ecological protection and environmental governance in 2020, marking an 8.6% year-on-year growth[56]. Shareholder Information - The company did not distribute cash dividends or issue bonus shares during the reporting period, nor did it convert capital reserves into share capital[103]. - The total number of shares decreased by 6,416,095 due to the reduction of restricted shares held by executives[145]. - The largest shareholder, with a holding ratio of 98.88%, did not experience any changes in their shareholding[148].

Financial Performance - The company's operating revenue for Q1 2021 was ¥128,458,883.71, representing a 6.47% increase compared to ¥120,656,734.96 in the same period last year[8]. - Net profit attributable to shareholders was ¥18,631,809.84, a 25.73% increase from ¥14,818,838.98 year-on-year[8]. - Basic earnings per share rose to ¥0.0289, reflecting a 25.65% increase from ¥0.0230 in the same period last year[8]. - The company reported a significant increase in net profit for Q1 2021, reaching ¥30,264,868.61, a significant recovery from a net loss of ¥6,115,029.43 in the same period last year, representing a turnaround of over 600%[61]. - Total comprehensive income for Q1 2021 was CNY 33,267,105.08, significantly higher than CNY 15,074,142.18 in the same period last year[58]. - The company reported a net cash flow from operating activities of ¥25,433,043.04, up from ¥9,027,539.23 in the first quarter of 2020, reflecting improved cash generation capabilities[65]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,611,409,648.61, a decrease of 1.65% from ¥3,671,896,684.08 at the end of the previous year[8]. - Total liabilities decreased to CNY 2,035,562,826.71 from CNY 2,100,671,954.20, a decline of approximately 3.1%[48]. - The equity attributable to shareholders increased to CNY 1,462,695,652.39 from CNY 1,444,019,661.31, an increase of approximately 1.3%[49]. - Cash and cash equivalents decreased by 20.69% to ¥236,852,726.92 compared to the end of 2020[19]. - Total current assets decreased to CNY 1,273,559,113.56 from CNY 1,387,318,340.94 as of December 31, 2020, representing a decline of approximately 8.2%[46]. Research and Development - Research and development expenses rose by 39.75% to ¥3,888,673.13 in Q1 2021 compared to Q1 2020[21]. - The company is conducting research on a dual-layer countercurrent sieve, which aims to improve desulfurization and dust removal efficiency, with practical patents already filed[28]. - The company has developed direct thermal desorption technology for organic contaminated soil, successfully applied in a project at Tianjin Petrochemical, and has obtained five patents related to this technology[28]. - The company is focusing on the development of mobile and integrated equipment for soil washing and purification, which is crucial for addressing the contamination in various industrial clusters in Hunan[31]. Market Opportunities and Projects - The company secured contracts worth approximately ¥123 million in soil remediation projects during January and February 2021[25]. - The company is actively pursuing market orders and project construction in response to new opportunities in the environmental protection industry due to diversified policies[27]. - The company is focusing on high-quality project development, including a plan to raise funds for the Nanchang municipal solid waste incineration power generation BOT project, which will enhance its operational cash flow and profitability[27]. - The company is committed to continuous innovation and development in the environmental protection sector, leveraging industry opportunities for high-quality growth[27]. Environmental Services and Technologies - The company’s environmental services business, including soil remediation and hazardous waste disposal, is operating smoothly and contributing to its strategic positioning as a leading provider in the domestic market[27]. - The company has developed advanced hazardous waste incineration technology, achieving a design capacity of 5,236,000 tons/year, with a current disposal rate of only 61% of the approved scale, indicating a significant market gap of approximately 5,000,000 tons/year[30]. - The company is conducting research on oilfield drilling waste treatment technology, with the Tarim Oilfield alone generating approximately 800,000 m³ of drilling waste annually, representing a market potential exceeding 100 million yuan[30]. - The company aims to achieve a safe utilization rate of over 90% for contaminated sites by 2020 and over 95% by 2030, in line with national soil pollution prevention and control action plans[31]. Risks and Challenges - The company faces risks from intensified market competition, which may lead to reduced gross margins, necessitating a focus on R&D and innovation to maintain competitive advantage[35]. - The company is actively addressing risks related to policy changes that may negatively impact soil remediation and waste treatment sectors, emphasizing strategic adjustments and market expansion[35]. - The company has initiated a stock issuance plan to raise funds, but the approval process remains uncertain, posing potential risks to fundraising success[36]. - The company is monitoring accounts receivable closely, particularly from government clients, to mitigate bad debt risks through enhanced credit management[36].

Financial Performance - The company's operating revenue for 2020 was ¥748,975,168.80, representing a 10.76% increase compared to ¥671,611,813.32 in 2019[17]. - The net profit attributable to shareholders decreased by 43.51% to ¥32,552,291.00 from ¥56,730,751.19 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥26,387,111.11, a significant increase of 310.10% compared to a loss of ¥13,452,149.10 in 2019[17]. - Cash flow from operating activities increased by 60.54% to ¥217,377,835.79 from ¥149,243,757.80 in 2019[17]. - Total assets at the end of 2020 reached ¥3,671,896,684.08, a 32.61% increase from ¥2,750,107,194.41 in 2019[17]. - The net assets attributable to shareholders decreased by 7.55% to ¥1,444,019,661.31 from ¥1,558,900,668.10 in the previous year[17]. - Basic earnings per share were ¥0.0505, down 43.51% from ¥0.0900 in 2019[17]. - The weighted average return on net assets was 2.19%, a decrease from 3.75% in the previous year[17]. Dividend Policy - The company plans not to distribute cash dividends or bonus shares for the year[6]. - The company distributed a cash dividend of RMB 2.18 per 10 shares, totaling approximately RMB 140.5 million to shareholders, reflecting its commitment to shareholder returns[129]. - The company did not distribute cash dividends or bonus shares for the reporting period, and the retained earnings will be carried forward to the next year[130]. - The total distributable profit for the reporting period was CNY 271,140.41, with a cash dividend total of CNY 0, representing 0.00% of the profit distribution[130]. - The company has maintained a consistent cash dividend policy, with no cash dividends declared in 2018 and 2020 due to negative or minimal profits[131]. Business Expansion and Acquisitions - The company has established a complete industrial chain in soil remediation, covering planning, investigation, risk assessment, design, construction, and chemical production, with over 400,000 acres of heavy metal contaminated farmland treated[26]. - The company acquired 100% equity of Hunan Huahuan Testing Technology Co., Ltd. in March 2020, enhancing its front-end environmental testing business and overall competitiveness[30]. - The acquisition of a 70% stake in Jiangsu Yongzhqing has expanded the company's hazardous waste disposal capacity to 38,000 tons annually, enhancing its operational stability and market presence[29]. - The company completed the acquisition of 70% equity in Jiangsu Yongzhiqing, enhancing its core business in hazardous waste disposal[53]. - The company has established three new subsidiaries during the reporting period, including Hunan Jingneng Environmental Technology Co., Ltd. with a registered capital of ¥2,000,000[144]. Technological Innovation - The company has developed proprietary technologies for soil remediation, including ion mineralization stabilization technology, recognized as leading domestically, and various advanced techniques for organic pollution treatment, which are internationally competitive[27]. - The company is focusing on technological innovation in soil remediation, with several significant breakthroughs in 2020[51]. - The company has developed a new heavy metal pollution soil ion mineralization stabilization technology, recognized in the 2020 Hunan Province Environmental Protection Advanced Technology Directory[40]. - The company is one of the few in China to independently master waste incineration power generation technology, with ongoing development of fly ash treatment agents that have lower processing costs[41]. - The company aims to develop a demonstration project for hazardous waste incineration, enhancing its design capabilities for hazardous waste treatment systems[83]. Market Outlook and Risks - The company is positioned to benefit from the long-term growth potential of the ecological and environmental protection industry during the "14th Five-Year Plan" period[36]. - The government’s commitment to enhancing pollution prevention and ecological construction in 2021 is expected to provide ongoing support for the environmental protection industry[36]. - The company faces risks from industry policy changes that could adversely affect sectors like soil remediation and waste treatment, necessitating strategic adjustments to mitigate these risks[121]. - Increased market competition may lead to reduced gross margins, as larger enterprises enter the environmental protection sector, prompting the company to enhance R&D and operational efficiency[122]. Environmental Impact and Compliance - The company has implemented a self-monitoring plan for environmental emissions, ensuring transparency and public oversight[181]. - The company has enhanced its environmental monitoring management system by hiring passionate young professionals[181]. - The company’s environmental impact assessments have been approved by relevant authorities, ensuring compliance with environmental laws[178]. - The company has organized two emergency drills for environmental pollution incidents in 2020, with no major environmental risks reported[180]. Financial Investments and Assets - The total investment amount for the reporting period was ¥867,234,455.50, representing a 125.35% increase compared to the previous year's investment of ¥384,838,007.19[100]. - The company reported a fair value change of ¥102,910,761.00 in financial assets during the reporting period[96]. - The company has a total of ¥89,071,676.99 in fixed assets pledged as collateral for long-term loans[97]. - The company has a total of ¥12,399,435.51 in intangible assets pledged as collateral for long-term loans[97]. Operational Efficiency - The company has established a comprehensive internal management mechanism and optimized its organizational structure to enhance operational efficiency[48]. - The company is actively expanding its market presence in key regions such as the Yangtze River Delta, Beijing-Tianjin-Hebei, Pearl River Delta, and Chengdu-Chongqing areas[49]. - The company is focusing on the "Environmental Steward" service model, which aims to provide comprehensive environmental solutions to government and industrial clients[58]. Research and Development - The company's R&D investment in 2020 amounted to ¥16,033,147.25, representing 2.14% of total revenue, a decrease from 3.34% in 2019[87]. - The company reported a total of 9 patent applications and 3 patent grants in 2020, focusing on solid waste treatment and resource utilization technologies[88]. - The company has successfully developed materials for the stabilization of heavy metals, achieving industry-level fixation efficiency[85]. Shareholder Information - The total number of shareholders at the end of the reporting period was 26,442, with an increase from 29,538 prior to the report[194]. - The largest shareholder, Hunan Yongqing Environmental Technology Industry Group Co., Ltd., holds 61.34% of the shares, totaling 395,325,811 shares, with 319,000,000 shares pledged[196]. - The company’s chairman and general manager, Ma Mingfeng, increased his holdings by 35,000 shares, while former general manager Shen Xiaodong reduced his holdings by 1,111,050 shares[188].

Financial Performance - Operating revenue for the reporting period was CNY 212,440,665.95, representing an increase of 11.66% year-on-year[7] - Net profit attributable to shareholders was CNY 11,785,631.24, a 257.3% increase compared to the same period last year[7] - Basic earnings per share rose by 258.8% to CNY 0.0183 from CNY 0.0049 in the previous year[7] - Operating profit increased by 38.95% to CNY 59,760,313.50, driven by improved gross margin and reduced operating expenses[19] - Net profit for Q3 2020 reached CNY 14,025,023.82, compared to CNY 2,749,509.33 in the same period last year, representing a significant increase[40] - The company reported a significant increase in investment income, reaching CNY 1,865,931.46 compared to CNY 1,085,345.58 in the previous period[39] - The company reported a total comprehensive income of -8,342,690.48 CNY for Q3 2020, compared to -27,948,719.45 CNY in the same period last year, showing a significant improvement[53] Assets and Liabilities - Total assets increased by 32.42% to CNY 3,666,610,276.85 compared to the end of the previous year[7] - The company's net assets attributable to shareholders decreased by 6.35% to CNY 1,462,754,378.97 compared to the end of the previous year[7] - As of September 30, 2020, total assets reached CNY 3,666,610,276.85, an increase from CNY 2,768,910,307.11 at the end of 2019, representing a growth of approximately 32.4%[30] - The total liabilities amounted to CNY 2,072,896,785.64, compared to CNY 1,154,162,527.86 at the end of 2019, which is an increase of approximately 79.5%[32] - Total liabilities increased to CNY 2,394,729,384.92 from CNY 1,750,035,665.76 year-over-year[36] - The company's total equity decreased to CNY 1,158,618,313.59 from CNY 1,307,263,925.31 in the previous period[36] Cash Flow - Cash flow from operating activities was CNY 58,769,661.23, a decrease of 22.21% compared to the previous year[7] - Cash flow from operating activities decreased by 24.71% to CNY 590,353,029.21, while cash outflow also decreased by 25.17%[19] - The net cash flow from operating activities for Q3 2020 was CNY 224,249,597.99, a significant increase from CNY 59,819,937.89 in Q3 2019, reflecting a strong operational performance[60] - The ending balance of cash and cash equivalents was 208,997,688.08 CNY, compared to 243,745,906.00 CNY at the end of the previous year, reflecting a decrease of about 14%[57] Investments and Acquisitions - Long-term equity investments surged by 367.39% to CNY 38,784,385.58 from CNY 8,298,093.86 due to the acquisition of a subsidiary[18] - The company reported a significant increase in goodwill by 15,023.40% to CNY 441,213,265.91, attributed to the acquisition of Jiangsu Kangbo[18] - Investment activities resulted in a net cash outflow of CNY 688,880,740.75, primarily due to the acquisition of a 70% stake in Jiangsu Kangbo[19] - The company signed a contract for soil remediation at a chemical plant in Chongqing, valued at CNY 146,880,598.39, expected to positively impact future performance[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,202[11] - The largest shareholder, Hunan Yongqing Environmental Technology Industry Group Co., Ltd., holds 61.34% of the shares[11] - The company distributed a cash dividend of CNY 2.18 per share, totaling CNY 140,000,000, in line with its profit distribution principles[23] Operational Efficiency - The company plans to continue focusing on market expansion and new technology development to drive future growth[48] - The company plans to continue focusing on operational efficiency and cost management to improve profitability in the upcoming quarters[52]

证券代码：300187 证券简称： 永清环保 公告编号：2020-079 永清环保股份有限公司 关于参加湖南辖区上市公司 2020年度投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，使广大投资者能更加深入全面地了解公 司情况，永清环保股份有限公司（以下简称"公司"）将参加由中国证券监督管 理委员会湖南监管局、湖南省上市公司协会与深圳市全景网络有限公司联合举办 的"湖南辖区上市公司2020年度投资者网上集体接待日"活动。现将有关事项公 告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网上 平台，采取网络远程的方式举行，投资者可以登陆"全景·路演天下"网站 （http://rs.p5w.net/）或关注微信公众号：全景财经，参与公司本次投资者网 上集体接待日活动，活动时间为2020年9月11日（星期五）下午15:00－17:00。 届时公司董事会秘书王峰女士、证券事务代表黄田女士将通过网络文字交流 形式与投资者进行沟通和交流。欢迎广大投资者积极参与。 特此公告。 永清环保股份有 ...

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥275.58 million, a decrease of 26.04% compared to the same period last year[17]. - The net profit attributable to shareholders was approximately ¥39.19 million, representing an increase of 32.70% year-on-year[17]. - The net profit after deducting non-recurring gains and losses was approximately ¥36.96 million, up 65.15% from the previous year[17]. - The net cash flow from operating activities was approximately ¥36.69 million, down 56.39% compared to the same period last year[17]. - The total assets at the end of the reporting period were approximately ¥2.99 billion, an increase of 8.33% from the end of the previous year[17]. - The net assets attributable to shareholders decreased by 7.13% to approximately ¥1.45 billion compared to the end of the previous year[17]. - The basic earnings per share for the reporting period was ¥0.0608, an increase of 32.75% year-on-year[17]. - The gross margin for the reporting period was 33.48%, an increase of 8.43% year-on-year[58]. - The company reported a total of 9 new EPC contracts worth $38.84 million during the reporting period, with 25 contracts confirming revenue of $11.02 million[61]. - The total amount of cash and cash equivalents decreased by 6.61% to $190.75 million, compared to $400.19 million in the same period last year[64]. Investment and Acquisitions - The company has increased long-term equity investments by 207.20 million yuan compared to the end of the previous year, primarily due to new investments in Jiangsu Kangbo Industrial Solid Waste Disposal Co., Ltd. and Zhuzhou Medical Waste Centralized Disposal Co., Ltd.[33]. - The company acquired 70% of Kangbo Solid Waste, enhancing its hazardous waste disposal capabilities and completing the full industry chain layout for solid waste disposal[52]. - The company acquired a 70% stake in Jiangsu Kangbo Industrial Solid Waste Disposal Co., Ltd. for ¥178,500,000, with 30% of the payment amounting to ¥17,850,000 already paid[72]. - The company has ongoing significant non-equity investments, including a project for hazardous waste treatment in Jiuquan, with an investment of ¥69,212,305.97[73]. Operational Strategies and Risks - The company has faced risks in its operations, which are discussed in detail in the report[5]. - The company has implemented strategies to address operational risks as outlined in the report[5]. - The company is actively adjusting its strategy in response to changes in the environmental protection industry, enhancing its innovation and research capabilities[31]. - The company faces risks related to project performance under expectations, particularly in hazardous waste projects affected by macroeconomic conditions[88]. - There is a risk of accounts receivable collection due to reliance on government clients, which may lead to potential bad debt if not managed properly[89]. Environmental Initiatives and Technologies - The company has implemented over 10 soil remediation projects covering more than 300,000 acres, maintaining the industry’s leading position in the remediation of heavy metal-contaminated farmland[24]. - The company has established a complete technical system for soil remediation, with domestic leading ion mineralization stabilization technology and internationally advanced organic pollution remediation technologies[25]. - The implementation of the Soil Pollution Prevention and Control Law is expected to accelerate the demand for soil remediation services[29]. - The company is focusing on high-quality projects in soil remediation and has accumulated rich experience in dealing with various pollution types and levels[24]. - The company is developing technologies for the rapid stabilization of contaminated soil in high-risk smelting sites, which will significantly reduce procurement and operational costs[44]. - The company is committed to enhancing its technological capabilities in soil remediation, which is expected to significantly improve the soil remediation industry chain[43]. Market Opportunities and Expansion - The company is actively expanding its business from traditional air pollution control to a comprehensive environmental service provider, including soil remediation and solid waste treatment[32]. - The sludge disposal market size during the "13th Five-Year Plan" is projected to reach around 110 billion yuan, with profit levels expected to be around 15%[42]. - More than half of the cities below the medium size in China have yet to establish municipal solid waste incineration power generation projects, indicating significant market potential for the company[42]. - The company has identified a significant market opportunity in the metallurgical sector, with the potential for a total market scale of around 200 billion RMB for denitrification governance[43]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its offerings[186]. Corporate Governance and Management - The company plans to enhance integration efforts for newly acquired companies to align with overall strategic goals and improve operational efficiency[91]. - The company has a strong talent pool, including domestic and international experts, which is crucial for its operational development[31]. - The company is actively enhancing its management team and internal structure to support rapid business growth and improve overall competitiveness[47]. - The company’s board of directors and senior management saw changes, including the resignation of a director and the election of new members[152]. Environmental Compliance and Safety - The company achieved zero environmental management accidents in its waste-to-energy plants during the first half of 2020, contributing to waste reduction and resource recovery[123]. - The company has completed the environmental impact assessments for all subsidiaries in compliance with relevant laws and regulations[124]. - The company has established an emergency response plan for environmental pollution incidents to minimize potential harm and losses[125]. - The company has implemented a self-monitoring scheme for environmental emissions, ensuring transparency and public oversight[126]. Financial Health and Reserves - The company is focusing on improving its financial health by managing its reserves and equity distributions effectively[196]. - A total of 1.18 million yuan was allocated for special reserves during the period, indicating a focus on risk management[186]. - The company has allocated 9.91 million yuan for special reserves in the first half of 2020, indicating a focus on risk management[190].

Financial Performance - Total revenue for Q1 2020 was ¥120,656,734.96, a decrease of 23.02% compared to ¥156,743,323.69 in the same period last year[8] - Net profit attributable to shareholders increased by 62.46% to ¥14,818,838.98 from ¥9,121,605.37 year-on-year[8] - Net profit excluding non-recurring gains and losses surged by 209.67% to ¥14,231,778.19 compared to ¥4,595,738.50 in the previous year[8] - Basic earnings per share rose by 61.97% to ¥0.0230 from ¥0.0142 in the same period last year[8] - The company reported a significant increase in long-term equity investments, reaching CNY 1,039,011,940.17, up from CNY 1,010,714,586.92[48] - The total comprehensive income for the period was ¥15,074,142.18, up from ¥9,442,951.60 in the previous year, indicating a growth of approximately 59.5%[54] - The company's operating profit for Q1 2020 was ¥18,703,271.25, an increase from ¥12,680,931.05 in the previous period, reflecting a growth of approximately 47.6%[53] - The total profit for the period was ¥18,703,271.25, compared to ¥12,693,685.09 in the previous year, reflecting an increase of approximately 47.6%[53] Cash Flow and Assets - Net cash flow from operating activities decreased by 36.06% to ¥9,027,539.23 from ¥14,119,657.83 year-on-year[8] - The company's cash and cash equivalents increased by 36.73% to ¥400,730,012.55 due to a rise in long-term borrowings by ¥130 million during the reporting period[17] - Cash and cash equivalents at the end of the period totaled ¥292,727,346.09, up from ¥341,923,959.97 at the end of the previous year[61] - The company’s cash flow from financing activities included ¥340,000,000.00 in loans received, compared to ¥359,440,000.00 in the previous year, showing a slight decrease in borrowing[61] - The total assets of the company reached ¥2,921,025,903.25, compared to ¥2,768,910,307.11 at the end of 2019, reflecting a growth of approximately 5.5%[43] - The total liabilities increased to CNY 1,792,014,287.35 in Q1 2020 from CNY 1,750,035,665.76 in Q4 2019[49] Market and Business Development - The company completed the acquisition of 51% of Changming Environmental Investment Co., Ltd. and 100% of Hunan Huahuan Testing Technology Co., Ltd., enhancing its competitive position in the environmental services sector[21] - The company is actively expanding its market presence, with stable operations in waste collection, incineration power generation, and photovoltaic projects contributing to its performance[19] - The company plans to accelerate project construction and market order expansion as the domestic pandemic situation stabilizes[21] - The company is exploring the industrial application of its innovative technology for the co-treatment of municipal solid waste and sludge, which has significant market potential[27] Research and Development - The company has developed two types of green and economical passivators for soil remediation, achieving initial passivation efficiency that meets industry standards[23] - The company is focusing on soil remediation technologies for cadmium and arsenic pollution in rice paddies, with significant application potential due to the government's initiative to restore 10 million acres of contaminated farmland[25] - The company is conducting research on high-efficiency magnetic powders to enhance the removal of pollutants in black and odorous water, targeting a recovery rate of over 99%[30] - The company is developing a new type of low-temperature SCR catalyst for sintering and pelletizing flue gas denitrification, which is currently a technological gap in China[26] Challenges and Risks - The company is facing risks related to accounts receivable collection, primarily from government-related clients, and is implementing measures to strengthen credit management and collection efforts[32] - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, which may impact its operations[33] - The company is actively pursuing acquisitions of quality projects to enhance its market position, while also addressing integration challenges post-acquisition[32] Environmental Impact and Social Responsibility - The hazardous waste disposal technology is expected to improve environmental quality, reduce disease occurrence, and lower medical costs, generating significant social benefits[28] - The company is committed to providing technical support for the safe utilization of contaminated farmland, which has a vast application prospect in the market[25] - The company aims to improve the efficiency of its remediation equipment based on actual operational data, enhancing performance for various soil layers[28]