证券简称：兴源环境 证券代码：300266 兴源环境科技股份有限公司 投资者关系活动记录表 编号：2020-005 | --- | --- | --- | |----------|-------------------------------------------------|------------------------------------------------------------| | | □ √ | 特定对象调研 □分析师会议 | | 投资者关 | □媒体采访 | □业绩说明会 | | 系活动类 | | □新闻发布会 □路演活动 | | 别 | □现场参观 | □一对一沟通 | | | □其他 | （请文字说明其他活动内容） | | | | 兴业证券：陈晗、楼梓权、金敏、贾雨亭、高泽雷 | | | 钱投金融：沈初阳 | | | | 城投资本：章迪 | | | 参与单位 | 紫之基金：何伟 | | | 名称及人 | 文羽投资：施卫明 | | | 员姓名 | 民生证券：杨任重 | | | | 杭州联合银行：张利杰、王琳珺 臻博睿资产：蒋加习 | | | | 国金期货：李晓娟 | | | | | ...

Group 1: Company Overview and Strategic Direction - The company aims to become a leader in smart urban ecological environmental protection, guided by the "1233" strategy, which includes one mission, two pillars, three elements, and three key business areas [3] - The two pillars focus on supporting national rural revitalization and achieving carbon peak and carbon neutrality by 2030 [3] - The three elements consist of a business model integrating industry, technology, and services [3] Group 2: Business Segments and Innovations - Key business areas include agricultural and environmental equipment, comprehensive environmental governance, and dual carbon innovation [3] - The company has established a new subsidiary for agricultural and environmental equipment, focusing on organic fertilizers and feed production, which is performing well [3] - Innovations include a proprietary kitchen waste processor aimed at overseas markets, particularly Japan and South Korea, where waste disposal fees are based on weight [4] Group 3: Performance and Achievements - The company has successfully completed projects ahead of schedule, such as the renovation of the Xiaoyaojin Park, which received positive feedback and is nominated for awards [4] - The company’s water treatment plant has been recognized as a benchmark project in Zhejiang Province [4] - During the National Day holiday, a commemorative park received over 32,000 visitors, showcasing the company's successful project execution [4] Group 4: Future Business Structure and Financial Planning - The company anticipates a shift in business structure, with traditional environmental construction decreasing to 50% of revenue while equipment and dual carbon innovation increase [4] - The dual carbon business is positioned as a light asset model, leveraging partnerships with state-owned enterprises and local governments for rural revitalization projects [5] - The company is exploring the market for insect protein derived from organic waste, which is currently in high demand [5] Group 5: Investor Engagement and Market Position - The company is actively engaging with investors to discuss product advantages and future business strategies [4][5] - The kitchen waste processor is designed to reduce waste weight, saving costs and time for users [4] - The company’s strategic positioning aligns with its mission to support rural revitalization and environmental sustainability [5]

证券简称：兴源环境 证券代码：300266 兴源环境科技股份有限公司 投资者关系活动记录表 编号：2022-003 | --- | --- | --- | --- | |-------------------------|--------------------------------------------|-------------|------------------------------------------------------------------------| | | | | | | | □ √ 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 | □新闻发布会 | □路演活动 | | | 动类别 | □现场参观 | □一对一沟通 | | | | □其他 （请文字说明其他活动内容） | | | | | | | | | 参与单位名称 及人员姓名 | 北京远惟投资管理有限公司：熊胜江 | | | | | | | | | 时间 | 2022 年 11 月 18 日 | | | | 地点 | 兴源环境科技股份有限公司会议室（电话会议） | | ...

证券简称：兴源环境 证券代码：300266 兴源环境科技股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |-------------------------|--------------------------------------------|------------------------------------------------------------------------| | | | | | | □ √ 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 | □新闻发布会 | □路演活动 | | 动类别 | □现场参观 | □一对一沟通 | | | □其他 （请文字说明其他活动内容） | | | 参与单位名称 及人员姓名 | 华安证券：张帆 | | | 时间 | 2022 年 9 月 28 日 | | | 地点 | 兴源环境科技股份有限公司会议室（电话会议） | | | 上市公司接待 人员 | 金昊、经彦 | | | | | | | | 一、签署《承诺书》 | | | | 二、投资者与公司交流 ...

Financial Performance - The company's revenue for Q3 2022 was ¥287,003,867.59, a decrease of 46.68% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥58,219,528.54, reflecting a significant decline of 40,143.24% year-on-year[5]. - The basic earnings per share were -¥0.0371, down 37,200.00% from the previous year[5]. - Total operating revenue for the current period was ¥946,424,421.58, a decrease of 47.5% compared to ¥1,805,201,336.63 in the previous period[24]. - The net loss for the current period was ¥148,867,377.15, compared to a net profit of ¥7,694,483.31 in the same period last year[25]. - The total profit (loss) for the current period was ¥-156,642,986.31, compared to a profit of ¥12,014,877.21 in the previous period[25]. - The basic and diluted earnings per share were both ¥-0.0937, compared to ¥0.0014 in the same period last year[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥11,390,719,086.52, a decrease of 4.47% from the end of the previous year[5]. - The company's current assets decreased to CNY 3,714,516,469.97 from CNY 4,303,634,802.10, reflecting a decline of approximately 13.7%[21]. - The total liabilities as of September 30, 2022, were CNY 9,335,047,759.09, down from CNY 9,728,842,516.39 at the start of the year, indicating a reduction of about 4.0%[22]. - The company's total equity attributable to shareholders of the parent company decreased to CNY 1,707,813,985.07 from CNY 1,848,822,311.43, a decline of about 7.6%[22]. Cash Flow - The cash flow from operating activities showed a net outflow of -¥333,165,366.55, a decrease of 27.37% compared to the previous year[11]. - Operating cash flow generated was negative at ¥333,165,366.55, worsening from a negative cash flow of ¥261,578,838.53 in the previous period[27]. - Cash inflow from operating activities totaled ¥1,533,891,585.19, a decrease from ¥1,622,750,140.30 in the previous period[27]. - Cash and cash equivalents at the end of the period stood at ¥314,409,510.57, down from ¥526,581,637.25 at the end of the previous period[28]. - The company's cash and cash equivalents decreased significantly to CNY 471,804,805.76 from CNY 904,619,850.39, representing a decline of approximately 47.9%[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,989[14]. - New Hope Investment Group holds 23.51% of shares, totaling 369,205,729 shares[14]. - Xingyuan Holdings Group holds 10.06% of shares, totaling 158,005,112 shares, with all shares pledged[14]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 23%[14]. - The report indicates that there are no preferred shareholders as of the reporting date[16]. - There are no changes in restricted shares during the reporting period[17]. - The company has a total of 3,000,000 restricted shares held by Li Jianxiong, which are subject to equity incentive restrictions[17]. - The company plans to handle the repurchase and cancellation of restricted shares in a timely manner[17]. Operational Highlights - The company reported a 47.57% decline in operating income, primarily due to the impact of recurring COVID-19 outbreaks and a downturn in the agricultural and rural ecological industry[11]. - Research and development expenses decreased by 30.22% to ¥4,792.69, indicating reduced investment in R&D[11]. - Research and development expenses were ¥47,926,855.10, a decrease of 30.2% from ¥68,686,980.69 in the prior period[24]. - The company reported a significant increase in financial expenses, with interest expenses rising to ¥240,128,153.19 from ¥102,539,799.46 in the previous period[24]. - The report does not indicate any new product launches or technological advancements during this period[15]. - There is no mention of market expansion or mergers and acquisitions in the current report[15]. Inventory and Receivables - The company's inventory increased to CNY 282,354,766.85 from CNY 268,977,915.19, showing an increase of approximately 4.9%[21]. - Accounts receivable decreased to CNY 1,184,667,058.63 from CNY 1,272,288,818.75, a reduction of about 6.9%[21].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 659,420,553.99, a decrease of 47.95% compared to CNY 1,266,913,580.27 in the same period last year[25]. - The net loss attributable to shareholders was CNY -88,958,128.39, representing a significant decline of 4,416.20% from a profit of CNY 2,061,028.95 in the previous year[25]. - Basic and diluted earnings per share were both CNY -0.0567, a decrease of 4,461.54% from CNY 0.0013 in the previous year[25]. - The company reported a net loss of CNY 90,206,117.33, compared to a net profit of CNY 7,251,482.97 in the same period of 2021[183]. - The company's total revenue for the first half of 2022 reached 2.0 billion yuan, an increase from 1.9 billion yuan in the previous year, indicating a growth of about 5.26%[199]. - The net profit attributable to shareholders for the first half of 2022 was 571 million yuan, compared to 487 million yuan in the same period of 2021, reflecting a year-on-year increase of approximately 17.2%[199]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY -220,784,195.47, which is a 6.91% increase in cash outflow compared to CNY -206,508,221.51 in the same period last year[25]. - The company reported a significant increase in interest expenses, totaling CNY 151,032,868.01 in the first half of 2022, compared to CNY 71,279,652.64 in the same period of 2021[183]. - The total cash inflow from financing activities was 1,838,119,877.74 CNY in the first half of 2022, slightly down from 1,880,280,982.35 CNY in the same period of 2021, a decrease of about 2.2%[191]. - The cash flow from operating activities was not explicitly detailed but is critical for assessing operational efficiency[193]. - The company reported a total cash inflow from financing activities amounted to 904,876,751.66 CNY, slightly up from 897,651,620.70 CNY year-over-year[193]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,536,232,122.45, down 3.25% from CNY 11,923,156,613.24 at the end of the previous year[25]. - The total liabilities decreased to CNY 9.43 billion from CNY 9.73 billion, indicating a decline of approximately 3.1%[178]. - The company's cash and cash equivalents dropped to CNY 637.44 million from CNY 904.62 million, a decrease of around 29.5%[176]. - The total owner's equity decreased to CNY 2.11 billion from CNY 2.19 billion, indicating a decline of approximately 3.8%[178]. Business Strategy and Focus Areas - In the first half of 2022, the company focused on three main business areas: agricultural and environmental equipment, comprehensive environmental governance, and dual-carbon innovation[33]. - The company aims to enhance its digital management capabilities and has initiated a digital transformation strategy to support its environmental services[38]. - The company plans to focus on market expansion and new product development to improve future performance[183]. - The company is actively pursuing mergers and acquisitions to enhance its competitive edge in the market[200]. Research and Development - Research and development investment was reduced by 27.51% to ¥32.55 million from ¥44.90 million, indicating a decrease in R&D focus during the period[62]. - The company has over 500 various technology patents, including nearly 150 invention patents, showcasing its strong technical capabilities[59]. - The R&D expenditure for the period was reported at 70 million, representing a commitment to innovation and product enhancement[200]. Market Trends and Projections - The agricultural sector's scale rate is projected to reach over 70% by 2025, driving demand for large-scale livestock farms and associated infrastructure[41]. - The comprehensive utilization rate of livestock manure in China is expected to reach over 80% by 2025 and over 90% by 2030[42]. - The market size of China's ecological construction industry is projected to exceed 1 trillion yuan by 2024, growing from 548.6 billion yuan in 2015 to 723.6 billion yuan in 2019, with a compound annual growth rate of 7.17%[50]. Environmental and Social Responsibility - The company actively engages in social responsibility, supporting local communities and educational institutions, while promoting ecological environmental development[111]. - The company has received administrative penalties related to environmental issues, with ongoing measures to rectify and comply with regulations[109]. - The company is committed to continuous improvement in environmental quality and sustainable practices, aligning with national dual carbon strategies[111]. Shareholder and Stock Information - The company plans not to distribute cash dividends or issue bonus shares for the semi-annual period[93]. - The total number of ordinary shareholders at the end of the reporting period is 40,423[161]. - The largest shareholder, New Hope Investment Group Co., Ltd., holds 23.51% of shares, totaling 369,205 shares[161].

证券代码：300266 证券简称：兴源环境 公告编号：2022-048 兴源环境科技股份有限公司 关于参加 2022 年浙江辖区上市公司投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的沟通交流，提升公司投资者关系管理水平，兴源环 境科技股份有限公司（以下简称"公司"）将于 2022 年 5 月 13 日（星期五） 15:00-17:00 参加 2022 年浙江辖区上市公司投资者网上集体接待日活动。投资 者朋友可登陆全景网"投资者关系互动平台"（https://ir.p5w.net）参与本次 交流。届时，公司总经理孙明非先生、财务总监孙颖女士、董事会秘书方强先生 将通过互动平台与投资者进行网络沟通和交流，欢迎广大投资者参加。 特此公告。 兴源环境科技股份有限公司董事会 2022 年 5 月 8 日 ...

Financial Performance - The company reported a net loss of 28.9359 million yuan for the reporting period, primarily due to a 4.66% decrease in revenue compared to the previous year, with a comprehensive gross margin of 12.54%[4]. - The company's operating revenue for 2021 was ¥2,336,336,465.82, a decrease of 4.66% compared to ¥2,450,555,375.86 in 2020[19]. - The net profit attributable to shareholders was -¥36,033,921.01, showing a significant improvement of 93.19% from -¥528,951,292.7 in the previous year[19]. - The net cash flow from operating activities was -¥488,555,348.6, a decline of 314.47% compared to ¥213,362,324.29 in 2020[19]. - The total assets at the end of 2021 amounted to ¥11,923,156,613, representing a 4.71% increase from ¥11,338,664,370 in 2020[19]. - The basic earnings per share for 2021 was -¥0.02, an improvement of 94.12% from -¥0.34 in 2020[19]. - The company experienced a net loss in all four quarters of 2021, with the largest loss in Q4 amounting to -¥226,976,510.11[22]. - The company reported a significant increase in asset impairment losses, totaling -¥105,106,861.09, which accounted for 242.06% of total profit[109]. Revenue Breakdown - Revenue from environmental equipment and smart environmental protection increased by 27.91% to ¥469,475,664.49, accounting for 20.10% of total revenue[87]. - Revenue from environmental comprehensive governance rose by 14.94% to ¥1,223,348,195.09, representing 52.36% of total revenue[87]. - Revenue from agricultural and rural ecology decreased by 36.86% to ¥643,512,606.24, which was 27.54% of total revenue[87]. - Domestic sales accounted for 99.31% of total revenue, while international sales dropped by 40.74% to ¥16,198,696.67[87]. Strategic Focus and Plans - The management plans to focus on project implementation in 2022, aiming to enhance business innovation through carbon neutrality solutions and expand market share in lithium refining and purification[5]. - The company intends to reduce the proportion of infrastructure construction in its agricultural and rural ecological business while increasing revenue from agricultural equipment manufacturing and installation[5]. - The company aims to enhance its capabilities in rural sewage treatment, with a target of achieving a 40% sewage treatment rate by 2025[30]. - The company is committed to promoting the resource utilization of sewage, with a goal of achieving a 25% reuse rate of reclaimed water in major cities by 2025[33]. - The company aims to achieve a significant increase in non-fossil energy consumption, targeting 25% by 2030, and aims to reduce carbon emissions per unit of GDP by over 65% compared to 2005 levels[54][55]. Research and Development - Research and development expenses for 2021 were ¥94,731,799.01, a decrease of 4.62% compared to ¥99,323,055.94 in 2020[99]. - The company has launched four advanced technologies in the environmental equipment sector, including high-pressure filter presses and organic waste treatment solutions[62]. - The company has developed five advanced devices in the reporting period, including smart environmental control systems and data collection devices[61]. - The number of R&D personnel increased by 5.61% from 321 in 2020 to 339 in 2021, with the proportion of R&D staff rising to 21.11%[104]. Market Position and Competitive Advantage - The company is a key player in the filter press industry, with over 30 years of experience and a strong brand advantage, maintaining a leading market share[35]. - The company has positioned itself to capitalize on the growing demand for environmental protection equipment, particularly in the context of national policies supporting sustainable development[33]. - The company is focusing on the development of smart water management and environmental protection IoT platforms to strengthen its market position in water pollution monitoring[28]. - The company is actively involved in the development of smart water management and environmental monitoring systems, with its cloud platform operational in multiple regions[78]. Governance and Management - The company reported that its governance structure complies with relevant laws and regulations, with no significant discrepancies[155]. - The company has established a performance evaluation and incentive system linking management compensation to business performance[155]. - The company has a clear asset ownership structure, with no shared assets with controlling shareholders[158]. - The company has a dedicated human resources management department, ensuring independence in personnel management from controlling shareholders[157]. Environmental and Social Responsibility - The company aims to implement comprehensive ecological restoration projects as part of the national strategy for ecological protection and sustainable development[51]. - The company is committed to enhancing its operational capabilities through the integration of big data, IoT, and cloud computing in wastewater management systems[45]. - The company is focusing on low-carbon innovation and aims to provide systematic solutions in the dual-carbon field, enhancing its service capabilities in energy efficiency and environmental protection[59]. - The company is actively responding to national strategic directives, promoting green and low-carbon technologies, and enhancing its competitive edge in ecological restoration[57]. Challenges and Risks - The company faces risks from policy changes that could negatively impact performance if macroeconomic growth slows or unfavorable policies are implemented[135]. - The company is under pressure from tight cash flow due to large-scale investments and long payback periods in engineering projects[136]. - The company is facing intensified market competition as more companies enter the environmental governance sector, and it plans to leverage its technical expertise to enhance competitiveness[138]. - The company is diversifying its business to mitigate risks from potential downturns in downstream industries, including smart equipment development and expanding customer bases[139].

Financial Performance - The company's revenue for Q1 2022 was ¥251,267,905.95, a decrease of 33.16% compared to ¥375,940,576.28 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥25,042,297.35, which is a 5.29% increase in loss from ¥23,783,551.15 in the previous year[4] - The net cash flow from operating activities was -¥250,809,978.06, representing a significant decline of 233.96% compared to -¥75,100,853.85 in the same period last year[4] - The net loss for Q1 2022 was CNY 26,806,283.42, compared to a net loss of CNY 22,667,001.46 in the same period last year[24] - Basic and diluted earnings per share for Q1 2022 were both -0.02, consistent with the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,608,199,650.19, down 2.64% from ¥11,923,156,613.24 at the end of the previous year[4] - The total liabilities decreased to CNY 9,439,563,255.99 from CNY 9,728,842,516.39[23] - The total equity attributable to shareholders of the parent company was CNY 1,824,905,380.28, down from CNY 1,848,822,311.43[23] - The company's cash and cash equivalents decreased to ¥712,709,796.26 from ¥904,619,850.39, representing a decline of about 21.2%[18] - Accounts receivable stood at ¥1,237,440,096.07, down from ¥1,272,288,818.75, indicating a decrease of approximately 2.74%[18] - Inventory increased to ¥335,560,246.35 from ¥268,977,915.19, marking an increase of around 24.8%[18] - Short-term borrowings rose to ¥1,689,049,886.96 from ¥1,666,577,318.47, reflecting an increase of about 1.35%[19] - Accounts payable decreased to ¥2,154,223,149.91 from ¥2,517,932,260.63, showing a decline of approximately 14.4%[19] - The total current liabilities amounted to ¥5,000,000,000, which is a significant portion of the total liabilities[19] Cash Flow - The cash inflow from operating activities was CNY 574,385,261.66, compared to CNY 574,881,232.62 in the previous period[26] - The cash outflow from operating activities totaled CNY 825,195,239.72, an increase from CNY 649,982,086.47 in the prior period[26] - The net cash flow from investing activities was CNY 48,257,909.91, a significant improvement from -CNY 231,140,324.88 in the previous period[27] - The cash inflow from financing activities was CNY 1,129,094,818.59, compared to CNY 1,019,091,852.00 in the prior period[27] - The net cash flow from financing activities was CNY 6,394,988.40, down from CNY 46,039,854.91 year-over-year[27] - The ending cash and cash equivalents balance was CNY 485,777,964.63, a decrease from CNY 729,704,052.46 in the previous period[27] Operational Highlights - The company reported a significant increase in pre-receivables by 53.82%, rising to ¥7,276.43 from ¥4,730.38[7] - The company experienced a 910.16% increase in advance receipts, which rose to ¥2,097.49 from ¥207.64[7] - The company recorded a non-operating income of ¥16,760,158.58, primarily from non-current asset disposal gains[6] - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company did not conduct an audit for the first quarter report[28] Expenses - Total operating costs decreased to CNY 301,037,035.81 from CNY 405,542,761.32, with operating costs specifically down to CNY 215,335,854.66 from CNY 317,116,777.88[23] - Research and development expenses were CNY 15,613,204.22, down from CNY 19,489,311.86[23] - The company reported a decrease in financial expenses to CNY 29,153,056.34 from CNY 26,932,695.56, with interest expenses rising significantly to CNY 79,020,886.92 from CNY 37,501,775.18[23]

Financial Performance - The company's operating revenue for Q3 2021 was ¥538,287,756.36, a decrease of 33.33% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥145,391.65, down 99.17% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥949,675.31, a decrease of 106.55%[3]. - The basic earnings per share for the period was ¥0.0001, a decline of 99.11% compared to the same period last year[3]. - Net profit for Q3 2021 was ¥7,694,483.31, a significant recovery from a net loss of ¥8,526,816.33 in Q3 2020[23]. - The company reported a profit before tax of ¥12,014,877.21, compared to ¥4,517,995.74 in the previous year, indicating a year-over-year increase of 165.67%[23]. - Total comprehensive income for the period was CNY 7,694,483.31, a decrease of 8,526,816.33 compared to the previous period[24]. - The net profit attributable to the parent company was CNY 2,206,420.60, down from a loss of 10,737,563.60 in the previous period[24]. - Basic and diluted earnings per share were both CNY 0.0014, compared to a loss of CNY 0.0069 in the previous period[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥11,814,741,461.24, representing a 3.74% increase from the end of the previous year[4]. - The total assets as of Q3 2021 were ¥11,814,741,461.24, up from ¥11,389,048,798.46 at the end of the previous year[20]. - Current assets totaled ¥4,174,604,112.87, slightly increasing from ¥4,130,842,274.91 in the previous quarter[20]. - Total liabilities increased to ¥9,594,240,623.13 from ¥9,173,403,116.70, reflecting a rise of 4.59%[20]. - Current liabilities reached CNY 5.94 billion, while non-current liabilities were CNY 3.24 billion, leading to total liabilities of CNY 9.18 billion[33]. - The equity attributable to shareholders decreased by 1.98% to ¥1,881,329,237.17 compared to the previous year[4]. - The company's equity attributable to shareholders was ¥1,881,329,237.17, a decrease from ¥1,919,385,354.53 in the previous year[20]. - The company has a capital reserve of CNY 1.38 billion, indicating a strong financial foundation[34]. - The company’s undistributed profits stood at a negative CNY 804.64 million, suggesting potential challenges in profitability[34]. Cash Flow - The net cash flow from operating activities was -¥261,578,838.53, reflecting a significant decrease of 322.41% year-to-date[3]. - Cash inflow from operating activities totaled CNY 1,622,750,140.30, down from CNY 1,755,587,517.88 in the previous period[27]. - Net cash flow from operating activities was negative CNY 261,578,838.53, compared to a positive CNY 117,610,345.07 in the previous period[28]. - Cash outflow from investing activities was CNY 560,687,236.27, compared to CNY 1,004,454,764.50 in the previous period[28]. - Net cash flow from financing activities was CNY 264,475,289.27, down from CNY 1,192,482,324.67 in the previous period[28]. - The ending cash and cash equivalents balance was CNY 526,581,637.25, down from CNY 1,032,168,264.51 in the previous period[28]. - The company's cash and cash equivalents were reported at ¥694,662,485.04, down from ¥1,145,227,070.63 in the previous quarter[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,530[11]. - New Hope Investment Group holds 23.50% of shares, totaling 369,205,729 shares[11]. - Xingyuan Holdings Group Limited owns 10.06% of shares, amounting to 158,005,112 shares, with all shares pledged[11]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 23%[11]. - The report indicates that there are no changes in the number of restricted shares for key executives during the period[15]. - The total number of restricted shares at the beginning of the period was 22,422,474, with a slight decrease of 17,000 shares[15]. - The company has a clear plan for unlocking restricted shares based on the 2020 incentive stock plan[15]. Operational Insights - The company reported a 60.10% increase in inventory, amounting to ¥23,608.59, due to expanded production scale[9]. - The company experienced a 447.62% increase in accounts receivable, reaching ¥7,573.51, attributed to the recovery of investment funds through notes[9]. - The company did not report any non-recurring gains or losses for the year-to-date period[8]. - The company’s cash flow from financing activities decreased by 77.82% to ¥26,447.53, due to fewer project-specific loans obtained compared to the previous year[9]. - The report does not indicate any new product launches or technological advancements during this quarter[16]. - There are no significant market expansion or acquisition strategies mentioned in the report[16]. - The company has not disclosed any other new strategies or initiatives in this quarter[16]. - Research and development expenses for Q3 2021 were ¥68,686,980.69, compared to ¥63,339,430.86 in Q3 2020, marking an increase of 8.66%[22].