Financial Performance - The company's operating revenue for the first half of 2020 was ¥906,248,512.26, a decrease of 30.07% compared to ¥1,295,923,467.13 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥61,886,578.54, down 25.47% from ¥83,035,596.37 in the previous year[19]. - The net cash flow from operating activities was -¥896,048,654.97, representing a decline of 26.03% compared to -¥710,982,568.01 in the same period last year[19]. - The basic earnings per share decreased by 20.00% to ¥0.04 from ¥0.05 in the previous year[19]. - The operating cost decreased by 28.17% to ¥628,266,430.16 from ¥874,640,250.71 year-on-year[67]. - The gross profit margin for ecological environment construction was 29.66%, down by 2.49% from the previous year[69]. - The company reported a significant decrease in inventory, which was ¥278,742,870.47, representing 1.74% of total assets, down from 5.06% in the previous year[71]. - The company reported a net asset value of RMB 189.47 million as of July 31, 2010, with a capital reserve of RMB 102.62 million[104]. Assets and Liabilities - Total assets at the end of the reporting period were ¥16,027,379,709.67, a decrease of 0.96% from ¥16,183,249,325.13 at the end of the previous year[19]. - Long-term receivables increased to CNY 7.17 billion, a 1.14% increase compared to the previous period[76]. - Short-term borrowings decreased by 10.12% to CNY 1.26 billion as the company optimized its debt structure[76]. - Long-term borrowings increased by 10.53% to CNY 3.75 billion, reflecting the alignment of PPP project financing with corresponding long-term loans[76]. - Total liabilities decreased from CNY 10,835,502,683.27 in December 2019 to CNY 10,434,550,378.08 by June 2020, a reduction of approximately 3.7%[169]. - The total liabilities to equity ratio improved from 1.92 in December 2019 to 1.86 by June 2020, indicating a stronger equity position relative to liabilities[169]. Cash Flow - The net cash flow from operating activities showed significant volatility, indicating potential liquidity risks[97]. - The net cash flow from operating activities for the first half of 2020 was -896,048,654.97 CNY, compared to -710,982,568.01 CNY in the same period of 2019, indicating a decline in operational performance[181]. - Total cash inflow from operating activities decreased to 714,250,647.42 CNY in H1 2020 from 974,139,733.33 CNY in H1 2019, a drop of approximately 26.7%[181]. - The ending balance of cash and cash equivalents was 126,747,369.60 CNY in H1 2020, down from 239,822,371.63 CNY in H1 2019, reflecting a decrease of about 47.1%[182]. Investments and Projects - The company has 42 ongoing research projects, including 13 self-initiated projects covering various ecological restoration technologies[39]. - The company has applied for a total of 195 patents, with 62 effective patents, including 19 invention patents[40]. - The company signed 30 new engineering contracts with a total amount of CNY 362.84 million, a decrease of 70.53% compared to the same period last year[40]. - The company confirmed engineering revenue of CNY 4,675.58 million for the Ecological Environment Governance PPP project in Erdos, with a cumulative revenue of CNY 304.05 million[55]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for this period[6]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, with no violations reported[103]. - The company has committed to ensuring independence in operations and financial matters, with no breaches reported[104]. - The company held five shareholder meetings during the reporting period, with participation rates ranging from 6.46% to 27.48%[101]. Legal and Compliance - The company reported a significant lawsuit involving a construction contract dispute with an amount of CNY 2,100.9 million, currently awaiting judgment[109]. - Another ongoing arbitration case related to a construction project has an involved amount of CNY 1,010.4 million, with the arbitration hearing completed and awaiting a decision[109]. - The company has not reported any violations of external guarantees during the reporting period[128]. Corporate Social Responsibility - The company donated over CNY 8 million in cash and supplies for pandemic prevention efforts in Inner Mongolia[35]. - The company has not engaged in targeted poverty alleviation work during the reporting period and has no subsequent plans for such initiatives[132].

证券代码：300355 证券简称：蒙草生态 公告编号：（2020）56号 内蒙古蒙草生态环境（集团）股份有限公司 关于参加2020年内蒙古辖区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。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营 状况、融资计划、可出续发展等投资者所关心的问题，内蒙古蒙草生 态环境（集团）股份有限公司（以下简称"公司"）将于 2020 年 6 月 18 日（星期四）下午 14:30-16:30 参加 2020 年内蒙古辖区投资者网 上集体接待日活动，现将有关事项公告如下： 本次年度集体接待日将在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，投资者可以登录"内蒙古辖区上市公 司投资者关系互动平台"（ http://rs.p5w.net）参与交流。 出席本次年度网上集体接待日的人员有：公司董事、总裁樊俊梅 女士,董事、副总经理、董事会秘书安旭涛先生，副总经理、财务负 责人陈继林先生。 欢迎广大投资者积极参与。 特此公告。 内蒙古蒙草生态环境（集团）股份有限公司 董 事 会 二○二○ ...

Financial Performance - The company's operating revenue for 2019 was ¥2,851,757,000.78, a decrease of 25.36% compared to ¥3,820,534,510.61 in 2018[18]. - The net profit attributable to shareholders was ¥60,955,700.51, down 70.09% from ¥203,803,283.07 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥12,896,680.33, a decline of 92.34% from ¥168,362,938.57 in 2018[18]. - Basic earnings per share decreased to ¥0.04, down 69.23% from ¥0.13 in the previous year[18]. - The total operating revenue for 2019 was approximately ¥2.85 billion, a decrease of 25.36% compared to ¥3.82 billion in 2018[51]. - The ecological environment construction segment accounted for 97.61% of total revenue, generating approximately ¥2.78 billion, down 26.03% from the previous year[51]. - The company reported a net profit of ¥60,955,700.51 for the year, with retained earnings of ¥1,383,428,302.45 as of December 31, 2019[145]. - The company recognized goodwill impairment of RMB 66.85 million for the acquisition of 60% of Luluxing, impacting the 2019 net profit[135]. Cash Flow and Assets - The net cash flow from operating activities improved to -¥442,183,851.71, a 76.38% increase compared to -¥1,871,835,226.67 in 2018[18]. - The total amount of cash and cash equivalents increased by 147.24% to ¥526,217,434.87[98]. - The company's total assets included cash and cash equivalents of ¥1,380,003,415.92, accounting for 8.53% of total assets[100]. - The total amount of accounts receivable was ¥4,072,938,447.14, which accounted for 25.17% of total assets[100]. - The company reported a year-end balance of accounts receivable at CNY 4,110,805,489.71 and accounts payable at CNY 3,030,590,052.56[155]. Investments and Projects - The company secured contracts worth a total of 343 million CNY for various ecological restoration projects, including mining ecological restoration and park greening[37]. - The total investment for the Alshan Ecological County PPP project was adjusted to approximately CNY 344.96 million, with recognized engineering revenue of CNY 3.72 million during the reporting period, totaling CNY 175.24 million recognized to date[59]. - The company has invested 850 million CNY in ecological environment governance, with a project duration extending to November 2032[172]. - The company has ongoing projects with a total value of 1.1 billion CNY, indicating strong market expansion efforts[172]. Research and Development - The company applied for 51 patents in 2019, with 11 granted, including 9 utility model patents and 2 design patents, enhancing its intellectual property portfolio[41]. - Research and development expenses decreased by 24.09% to ¥54,868,050.25 compared to the previous year[93]. - The number of R&D personnel decreased to 71, representing 4.85% of the total workforce[96]. Strategic Initiatives - The company plans to address potential risks and strategies for future development as outlined in the report[6]. - The company has implemented a strategy focusing on ecological restoration and seed technology, leveraging policy changes to improve cash flow and reduce leverage[34]. - The company aims to enhance its brand influence through the upgrade of its ecological experience spaces and educational initiatives[48]. - The company is adapting its business strategy to ensure stable growth amid external market challenges and is focusing on high-quality project selection[134]. Shareholder and Governance - The board approved a cash dividend of ¥0.04 per 10 shares, with no bonus shares issued[7]. - The company plans to distribute cash dividends of RMB 0.04 per 10 shares, totaling RMB 6,416,968.32, which is 0.46% of the total distributable profit[143]. - The company has maintained compliance with commitments regarding non-competition and related party transactions[149]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[153]. Financial Risks and Challenges - The company is facing risks related to delayed payments from local governments due to declining fiscal revenues, which could impact project income[132]. - Financial expenses increased by approximately 33.13% year-on-year due to rising financing costs in a tighter financing environment[136]. - The company's accounts receivable amounted to RMB 407,293.84 million, representing 57.57% of current assets, indicating potential liquidity risks[138]. Guarantees and Financial Support - The total approved guarantee amount for subsidiaries during the reporting period was CNY 748,048.31 thousand, with actual guarantees amounting to CNY 217,086.86 thousand[181]. - The company has ongoing guarantees for projects, including CNY 30,809.64 million for Inner Mongolia Shanbei Ecological Environment Governance Co., Ltd.[180]. - The total external guarantee amount approved during the reporting period was CNY 11,030.9 million, with the actual guarantee amount also being CNY 11,030.9 million[179].

Financial Performance - Total revenue for Q1 2020 was ¥186,849,714.93, a decrease of 58.82% compared to ¥453,791,375.15 in the same period last year[9]. - Net profit attributable to shareholders was -¥16,691,138.67, representing a decline of 180.55% from ¥20,721,817.57 year-on-year[9]. - Net profit after deducting non-recurring gains and losses was -¥35,105,627.16, a decrease of 264.51% compared to ¥21,339,676.11 in the previous year[9]. - Basic earnings per share were -¥0.01, down 200.00% from ¥0.01 in the previous year[9]. - The net loss for Q1 2020 was CNY 28.07 million, compared to a net profit of CNY 20.40 million in Q1 2019[78]. - The operating profit for Q1 2020 was a loss of CNY 23.08 million, compared to a profit of CNY 32.18 million in the previous year[77]. - The company reported a significant increase in contract assets, totaling CNY 2.02 billion as of March 31, 2020, indicating a new revenue recognition strategy[71]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥635,890,695.57, showing an improvement of 7.00% from -¥683,768,326.61 in the same period last year[9]. - The company’s cash received from sales and services decreased by 26.97% to ¥459,008,191.20 from ¥628,540,573.61, due to reduced project payments[21]. - The company reported accounts receivable valued at 407,293.84 thousand yuan, accounting for 57.57% of current assets, indicating potential liquidity risks[56]. - The net cash flow from operating activities showed significant volatility, which may lead to liquidity risks, but the company is actively coordinating with government special funds to support project payments[57]. - The net cash flow from financing activities was ¥26,331,089.16, a significant decrease from ¥199,782,728.77 in Q1 2019[85]. Assets and Liabilities - Total assets at the end of the reporting period were ¥15,767,017,112.88, a decrease of 2.57% from ¥16,183,249,325.13 at the end of the previous year[9]. - The company’s total liabilities increased significantly, with accounts payable rising by 169.34% to ¥293,856,255.67 from ¥109,103,175.73[21]. - Total liabilities were CNY 10.25 billion, down from CNY 10.84 billion, showing a reduction of about 5.4%[72]. - The company's equity attributable to shareholders rose to CNY 4.62 billion from CNY 4.46 billion, an increase of approximately 3.7%[72]. Contracts and Projects - The company signed 8 new construction contracts with a total value of ¥89,962,600, a decrease of 63.64% compared to the previous year[22]. - The company confirmed engineering revenue of 350.13 million CNY for the period, with a cumulative total of 1,035.90 million CNY by the end of the reporting period[26]. - The company confirmed engineering revenue of 67.96 million CNY for the ecological restoration project in Alu Khorqin, with a cumulative total of 78.10 million CNY by the end of the reporting period[32]. Research and Development - The company has undertaken 41 research projects in 2019, focusing on ecological restoration and the cultivation of drought-resistant and cold-resistant plant species[48]. - The company applied for a total of 51 patents in 2019, with 11 patents granted, including 42 invention patents[48]. - Research and development expenses for Q1 2020 were CNY 5.43 million, slightly down from CNY 5.69 million in Q1 2019[77]. Financial Management - Financial expenses increased by approximately 33.13% year-on-year due to rising financing costs, prompting the company to enhance fund management and adjust its debt structure[54]. - The company completed the issuance of 8 million preferred shares, raising 800 million yuan, with major subscriptions from local investment companies[58]. - The company has pledged 75.25% of its controlling shareholder's shares, which may impact financial stability[58]. Compliance and Governance - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[66][67]. - The company has not reported any significant changes in net profit compared to the same period last year[65]. - The company has not disclosed any issues regarding the use of raised funds or their allocation[64].

Financial Performance - The company's operating revenue for 2019 was ¥2,851,757,000.78, a decrease of 25.36% compared to ¥3,820,534,510.61 in 2018[18]. - The net profit attributable to shareholders for 2019 was ¥60,955,700.51, down 70.09% from ¥203,803,283.07 in the previous year[18]. - The basic earnings per share for 2019 were ¥0.04, a decrease of 69.23% from ¥0.13 in 2018[18]. - The diluted earnings per share also stood at ¥0.04, reflecting the same percentage decrease as basic earnings[18]. - The weighted average return on equity was 1.65%, down 3.96% from 5.61% in 2018[18]. - The gross profit margin for the ecological environment construction segment was 29.46%, showing a slight decrease of 0.15% from the previous year[54]. - The company reported a total operating cost of CNY 2,000.74 million in 2019, a decrease of 25.44% compared to CNY 2,683.57 million in 2018[86]. - The cost of ecological environment construction accounted for 98.14% of total operating costs in 2019, down from 98.71% in 2018, with a total cost of CNY 1,963.61 million[85]. Assets and Liabilities - The total assets at the end of 2019 were ¥16,183,249,325.13, an increase of 11.45% from ¥14,521,055,542.15 at the end of 2018[18]. - The net assets attributable to shareholders increased by 21.55% to ¥4,455,837,157.40 from ¥3,665,901,770.20 in 2018[18]. - The total amount of cash and cash equivalents increased by 147.24% to ¥526,217,434.87, compared to a decrease of ¥1,113,998,428.10 in the previous year[98]. - Long-term receivables accounted for 41.69% of total assets, slightly down from 42.13% in the previous year[101]. - Short-term borrowings decreased from CNY 2,471,852,700.00 (17.02%) to CNY 1,435,292,131.18 (8.87%), a reduction of 8.15%[101]. - Long-term borrowings increased from CNY 2,110,561,348.38 (14.53%) to CNY 3,235,362,229.56 (19.99%), an increase of 5.46%[101]. Cash Flow - The net cash flow from operating activities improved to -¥442,183,851.71, a 76.38% increase compared to -¥1,871,835,226.67 in 2018[18]. - Operating cash inflow decreased by 9.12% to ¥2,126,057,758.07, while operating cash outflow decreased by 39.02% to ¥2,568,241,609.78[98]. Research and Development - The company applied for 51 patents in 2019, with 11 granted, including 42 invention patents, enhancing its technological capabilities[41]. - Research and development expenses decreased by 24.09% to ¥54,868,050.25 compared to the previous year[93]. - The number of R&D personnel decreased to 71, representing 4.85% of the total workforce, down from 7.38% in the previous year[96]. Business Development and Strategy - The company has launched several innovative business segments, including a mining and soil restoration company and an ecological big data company, to expand its customer base and innovate its business model[28]. - The company has implemented a strategy focusing on ecological restoration and seed industry technology, enhancing its core competitiveness and development model[34]. - The company has established over 200 ecological restoration technical standards, covering various areas such as urban green space restoration and desertification control[31]. - The company has actively adapted to changes in PPP financing policies, improving cash flow and reducing leverage and risk through innovative financing models[34]. - The company aims to enhance its brand influence through the upgrade of its ecological experience spaces and educational initiatives[48]. Contracts and Projects - The ecological environment construction segment accounted for 97.61% of total revenue, generating approximately ¥2.78 billion, down 26.03% from the previous year[51]. - The company secured contracts totaling 343 million CNY for various ecological restoration projects, including mining and wetland restoration[37]. - The company signed 82 new engineering contracts with a total value of approximately ¥2.24 billion, a decline of 6.39% year-on-year[56]. - The company confirmed engineering revenue of CNY 3,368.48 million for the Baotou ecological restoration project, with a cumulative total of CNY 8,392.36 million[76]. Shareholder and Equity Information - The company plans to distribute cash dividends of RMB 0.04 per share, totaling RMB 6.42 million for the 2019 fiscal year[145]. - The company’s unallocated profits as of December 31, 2019, amounted to RMB 1.38 billion[144]. - The company has not made any significant equity investments during the reporting period[107]. - The company has not engaged in share repurchase as a method of cash distribution during the reported years[146]. Risks and Challenges - The company is facing risks related to delayed payments from local governments due to declining fiscal revenues, which could impact project income[132]. - Financial expenses increased by approximately 33.13% year-on-year due to rising financing costs in a tighter financing environment[136]. - The company reported accounts receivable of RMB 407.29 million, accounting for 57.57% of current assets, indicating potential liquidity risks[138]. Future Outlook - The company plans to optimize its organizational structure and improve operational efficiency to reduce management costs[131]. - The company aims to expand its market presence in regions such as Inner Mongolia, Shaanxi, Yunnan, Xinjiang, and Liaoning[129]. - The company has set a future revenue guidance of 100 million for the upcoming fiscal year, indicating a growth potential of 100%[170].

内蒙古蒙草生态环境（集团）股份有限公司 2019 年第三季度报告全文 内蒙古蒙草生态环境（集团）股份有限公司 2019 年第三季度报告 2019 年 10 月 1 内蒙古蒙草生态环境（集团）股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人樊俊梅、主管会计工作负责人陈继林及会计机构负责人(会计主 管人员)石丽芳声明：保证季度报告中财务报表的真实、准确、完整。 非经常性损益项目和金额 √ 适用 □ 不适用 单位：人民币元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | 39,283.05 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统一 | 48,420,813.77 | | | 标准定额或定量享受的政府补助除外） | | | | 单独进行减值测试的应收款项、合同资产减 ...

Financial Performance - Total revenue for the reporting period was ¥1,295,923,467.13, a decrease of 31.17% compared to ¥1,882,850,746.58 in the same period last year[25]. - Net profit attributable to shareholders was ¥83,035,596.37, down 56.20% from ¥189,565,467.59 year-on-year[25]. - The net profit after deducting non-recurring gains and losses was ¥60,807,473.23, a decline of 69.24% compared to ¥197,691,989.15 in the previous year[25]. - Basic earnings per share decreased to ¥0.05, down 58.33% from ¥0.12 in the previous year[25]. - The company's operating revenue for the reporting period was RMB 1,295,923,467.13, a decrease of 31.17% compared to RMB 1,882,850,746.58 in the same period last year[76]. - Operating costs decreased by 32.39% to RMB 874,640,250.71 from RMB 1,293,695,604.57, primarily due to the reduction in operating revenue[76]. - Research and development expenses were reduced by 57.32% to RMB 17,279,785.64 from RMB 40,490,600.06, indicating a decrease in investment in R&D projects[77]. - The net cash flow from operating activities improved to -¥710,982,568.01, a 29.56% increase from -¥1,009,362,520.21 in the same period last year[25]. - The company reported a significant increase of 866.48% in net cash flow from financing activities, amounting to RMB 154,748,622.28 compared to RMB 16,011,636.66 in the same period last year[77]. Asset and Liability Management - The company reported a total goodwill impairment provision of RMB 20,921.26 million, with RMB 18,425.91 million related to Putian Garden and RMB 2,495.35 million related to Luluxing, resulting in a remaining goodwill value of RMB 17,364.03 million as of June 30, 2019[9]. - The company's accounts receivable amounted to RMB 424,677.00 million, representing 65.90% of current assets, indicating a high risk of delayed or uncollectible receivables[10]. - Long-term receivables reached RMB 650,753.22 million, primarily due to the consolidation of PPP project receivables during the reporting period[10]. - The total assets at the end of the reporting period were RMB 14,914,717,462.75, an increase of 2.71% from RMB 14,521,055,542.15 at the end of the previous year[25]. - The net assets attributable to shareholders increased to ¥3,721,967,835.79, reflecting a growth of 1.53% from ¥3,665,901,770.20 at the end of the previous year[25]. - The company plans to optimize its financial structure and reduce financial risks by issuing preferred shares to lower the asset-liability ratio[8]. Business Strategy and Development - The company aims to shift its business focus from relying solely on government clients to a mixed client base of both government and corporate clients, enhancing cash flow and reducing funding pressure[12]. - The company is actively coordinating with government special funds to support project payment collections and improve cash flow[11]. - The company is exploring financial models such as asset securitization and accounts receivable factoring to reduce capital occupation and improve liquidity[11]. - The company is focusing on high-quality PPP projects for development, as the order growth rate has slowed down due to macroeconomic risks and policy adjustments[118]. - The company is actively adjusting its business structure to include both government and corporate clients, aiming to alleviate cash flow pressure and enhance sustainable development[124]. - The company is expanding its innovative business segments, including mine restoration and ecological big data, to enhance competitiveness[6]. Project and Research Initiatives - The company has established a comprehensive system for native grass seed breeding and promotion, leading in ecological restoration seed supply in China[32]. - The company has launched innovative business segments, including soil and mine restoration, ecological big data, and specialty seed industries, to expand its customer base and enhance technological capabilities[32]. - The company has completed a total ecological restoration area of nearly 20 million acres[35]. - The company has established over 200 ecological restoration technical standards, covering various restoration techniques[35]. - The company has undertaken a total of 43 national and regional scientific research projects by the end of 2018[35]. - The company has launched its ecological big data platform (1.0), which includes functions for land type recognition and ecological evolution[40]. - The company has developed 20+ fertilizer products and introduced 4 new home gardening products and 3 specialized fertilizers for "Happy Grass"[40]. - The company has signed 12 mining restoration projects, including the "Uyou Coal Mine Geological Environment Restoration Project" and "Lhasa Ecological Restoration Project" among others[42]. Financial Commitments and Fund Management - The total amount of raised funds was RMB 124,683.73 million, with cumulative investment reaching RMB 125,440.12 million[89]. - The company utilized RMB 35 million of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 6 months[90]. - An additional RMB 23 million of over-raised funds was permanently used to supplement working capital, transferred on January 4, 2013[91]. - The company approved the use of RMB 60 million of idle raised funds for working capital, with a return to the special account by December 9, 2013[91]. - The company has committed to invest CNY 13.67 million in a drought-resistant plant production base project, which is currently not applicable[103]. - The company has fully utilized CNY 12.03 million for operational funds, achieving 100% of the committed investment[103]. - The company has reported a cumulative investment of CNY 7.93 million in the ecological environment governance project along G6 highway, achieving 63.98% of the committed investment[103]. Shareholder and Governance Matters - The company has not declared any cash dividends or stock bonuses for the half-year period, opting to retain earnings for reinvestment[128]. - The company has committed to not engaging in competition with Inner Mongolia Hexinyuan Mongcao Drought-resistant Greening Co., Ltd., and this commitment has been adhered to as of the reporting period[129]. - The company has ensured that no direct or indirect competition with its business operations has occurred, and this commitment remains effective as of the reporting period[130]. - The company has reported no violations of commitments made by shareholders and related parties as of the reporting period[130]. - The company has a long-term commitment to maintain independence in business, assets, finance, personnel, and organization, which has been upheld as of the reporting period[130]. - The company completed the profit commitments for the years 2016-2018, allowing certain shareholders to lift their share restrictions as of August 1, 2019[167]. Legal and Compliance - The company has no significant litigation or arbitration matters during the reporting period[134]. - The company has not faced any penalties or rectification issues during the reporting period[137]. - The company has adhered to all commitments made by shareholders without any violations[131]. - No related party transactions occurred during the reporting period[141]. - The company has not undergone any bankruptcy reorganization during the reporting period[133]. Guarantees and Financial Obligations - The company has provided guarantees totaling CNY 50 million, CNY 75 million, and CNY 100 million, all of which have been fulfilled[145]. - The company has additional guarantees totaling CNY 200 million and CNY 280 million, which are still outstanding[145]. - The company has a guarantee of CNY 196 million that was fulfilled on May 20, 2019[146]. - The company has ongoing guarantees with expiration dates extending to 2026[146]. - The company has engaged in several transactions with Xiamen Luluxing Greening Engineering Co., Ltd., with amounts totaling CNY 20 million and CNY 10 million, some of which have been fulfilled[146]. Bond Issuance and Management - The company has issued a bond named "17蒙草 G1" with a total amount of CNY 250 million, which was fully repurchased during the reporting period[184]. - The interest rate for the "17蒙草 G1" bond is set at 5.50%, with total interest payments amounting to CNY 13.75 million[184]. - The company completed the redemption of the "17 Mongcao G1" green corporate bonds, with a total redemption amount of 250 million yuan and interest of 13.75 million yuan, totaling 263.75 million yuan[197]. - The company's credit rating was adjusted to "AA-" with a stable outlook, while the "17 Mongcao G1" bond maintains a "AAA" rating[200].

证券代码：300355 证券简称：蒙草生态 公告编号：（2019）84号 内蒙古蒙草生态环境（集团）股份有限公司 关于参加内蒙古辖区上市公司2019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。 为便于广大投资者更深入全面地了解公司生产经营情况，进一步 加强公司与投资者的互动交流工作，根据中国证监会内蒙古监管局有 关通知，公司将于 2019 年 7 月 10 日（星期三）下午 15:00-17:00 参 加"内蒙古辖区上市公司 2019 年度投资者网上集体接待日"的活动， 现将有关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景•路 演天下"（ http://rs.p5w.net）参与本次互动交流。 出席本次年度网上集体接待日的人员有：公司副总经理、董事会 秘书安旭涛先生；副总经理、首席财务官王建军先生；会计机构负责 人陈继林先生。 欢迎广大投资者积极参与。 特此公告。 内蒙古蒙草生态环境（集团）股份有限公司 董 事 会 二○一九年七月四日 ...

Financial Performance - Total revenue for Q1 2019 was ¥453,791,375.15, a decrease of 6.72% compared to ¥486,476,894.87 in the same period last year[8] - Net profit attributable to shareholders increased by 21.87% to ¥20,721,817.57 from ¥17,003,587.23 year-on-year[8] - Net profit excluding non-recurring gains and losses rose by 69.55% to ¥21,339,676.10 compared to ¥12,586,412.64 in the previous year[8] - The company reported a net profit for Q1 2019 of ¥20,400,688.41, an increase of 11.3% from ¥18,348,955.38 in Q1 2018[89] - The company's gross profit margin improved to 6.8% in Q1 2019, compared to 3.5% in Q1 2018[87] - The total comprehensive income for Q1 2019 was ¥20,400,688.41, compared to ¥18,667,622.38 in Q1 2018[89] Cash Flow - Net cash flow from operating activities improved by 34.57%, reaching -¥683,768,326.61, compared to -¥1,045,023,316.02 in the same period last year[8] - The cash inflow from operating activities was CNY 625,366,142.17, an increase of 26.0% compared to CNY 496,457,556.77 in the previous period[94] - The net cash flow from operating activities was -CNY 683,768,326.61, an improvement from -CNY 1,045,023,316.02 in the previous period[94] - The cash inflow from investment activities was CNY 142,727,855.11, significantly higher than CNY 3,000,749.88 in the previous period[96] - The net cash flow from investment activities was CNY 119,418,643.77, a turnaround from -CNY 64,767,408.50 in the previous period[96] - The cash inflow from financing activities was CNY 788,359,816.67, compared to CNY 551,034,114.21 in the previous period, marking an increase of 43.0%[96] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,314,256,292.17, a decrease of 1.42% from ¥14,521,055,542.15 at the end of the previous year[8] - The total liabilities decreased to CNY 6,225,371,033.48 from CNY 6,457,203,903.49, indicating a decline of about 3.6%[81] - Total current assets amounted to CNY 6,457,203,903.49 as of December 31, 2018[101] - Total liabilities amounted to CNY 10,343,292,216.62, while total equity was CNY 4,177,763,325.53[103] - The company reported long-term receivables of CNY 6,117,943,140.60 and long-term equity investments of CNY 525,299,124.11[102] Shareholder Information - The company reported a total of 80,202 common shareholders at the end of the reporting period[12] - The largest shareholder, Wang Zhaoming, holds 16.78% of the shares, amounting to 269,131,442 shares[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Contracts and Projects - The company signed 14 new engineering contracts with a total value of 247.39 million yuan, representing a 63.64% increase compared to the same period last year[21] - The company signed a total of contracts worth approximately 637 million CNY and 616 million CNY for ecological landscape projects in Linhe District, with cumulative recognized revenue of 185.25 million CNY by the end of the reporting period[24] - The company confirmed a revenue of -3.21 million CNY for the Airport Road Greening Project, with a total recognized revenue of 137.99 million CNY by the end of the reporting period[25] Research and Development - The company’s research and development expenses decreased by 51.24% to approximately 5.69 million yuan compared to the same period last year[20] - In 2018, the company applied for 79 patents, including 69 inventions, and received 16 authorizations, demonstrating its commitment to innovation in ecological restoration[54] - The company has established a technical system for soil improvement and ecological restoration in mining areas, with a draft technical manual already in place[53] Financial Management - The company is actively managing risks associated with accounts receivable, which accounted for 63.66% of current assets, by improving collection processes and increasing upfront payment ratios in new contracts[59] - The company has initiated an employee stock ownership plan to align employee interests with company performance, which was approved by the board and shareholders[62] - The company plans to issue up to 18 million preferred shares, raising a total of no more than 1.8 billion CNY, with 800 million CNY allocated to repay bank loans and other interest-bearing debts[63] Fundraising and Investments - Total raised funds amount to CNY 124,683.73 million, with no changes in usage during the reporting period[69] - The project "Water-saving Drought-resistant Plant Production Base" has a committed investment of CNY 13,669.11 million, with no changes in usage[69] - The company reported a total fundraising amount of RMB 373,614,071.50, with an oversubscription of RMB 116,922,971.50[72] Compliance and Standards - The report indicates compliance with the new financial instrument standards effective from January 1, 2019[108] - The company has published 1 national standard, 1 industry standard, and 4 local standards related to ecological restoration, enhancing its regulatory compliance and industry influence[53]

Financial Performance - The company's operating revenue for 2018 was CNY 3,820,534,510.61, a decrease of 31.52% compared to CNY 5,578,887,956.00 in 2017[20]. - The net profit attributable to shareholders for 2018 was CNY 203,803,283.07, down 75.85% from CNY 843,982,201.82 in the previous year[20]. - The net cash flow from operating activities was negative CNY 1,871,835,226.67, a decline of 545.33% compared to CNY 420,324,304.85 in 2017[20]. - The basic earnings per share for 2018 was CNY 0.130, a decrease of 75.47% from CNY 0.53 in 2017[20]. - The total operating revenue for 2018 was CNY 3,820,534,510.61, representing a decrease of 31.52% compared to CNY 5,578,887,956.00 in 2017[55]. - The revenue from ecological environment construction was CNY 3,763,481,098.19, accounting for 98.51% of total revenue, with a year-on-year decrease of 30.89%[55]. - The company reported a total revenue of 3,849,444,825.81 yuan for the year 2018[170]. - The company confirmed revenue of CNY 204.32 million during the reporting period, with a cumulative revenue recognition of CNY 556.97 million[69]. Cash Flow and Liquidity - The company's operating cash flow net amount fluctuated significantly, from ¥42,032.43 million in 2017 to -¥187,183.52 million in 2018, indicating potential liquidity risks due to increased project scale and funding requirements[10]. - The net cash flow from operating activities in 2018 was -¥1,871,835,226.67, a decrease of 545.33% compared to the previous year[106]. - The company's cash and cash equivalents net decrease in 2018 was -¥1,113,998,428.10, a decline of 237.37% compared to the previous year[106]. - The company's financing cash inflow in 2018 was ¥6,254,292,169.69, an increase of 41.57% from 2017[106]. Assets and Liabilities - Total assets at the end of 2018 amounted to CNY 14,521,055,542.15, an increase of 16.39% from CNY 12,476,140,771.27 at the end of 2017[20]. - The company's total equity attributable to shareholders was CNY 3,665,901,770.20, reflecting a slight increase of 1.76% from CNY 3,602,336,650.07 in 2017[20]. - The company's total liabilities included short-term borrowings of ¥2,471,852,700.00, an increase of 2.79% from the previous year[109]. - The company's long-term receivables increased significantly to ¥6,117,943,140.60, up 39.10% year-on-year due to the consolidation of PPP project companies[109]. Shareholder Returns - The company plans to distribute a cash dividend of ¥0.18 per 10 shares, based on a total share base of 1,604,242,081 shares, reflecting a commitment to shareholder returns despite financial challenges[11]. - The cash dividend policy for the 2017 fiscal year was approved, distributing RMB 0.87 per 10 shares, totaling RMB 139.57 million[151]. - The company proposed a cash dividend of RMB 0.18 per 10 shares for 2018, totaling RMB 28,876,357.46, which represents 14.17% of the net profit attributable to ordinary shareholders[156]. - The total cash dividends distributed over the three years were RMB 228,604,396.57, with an average payout ratio of approximately 16.15%[157]. Operational Strategy and Market Expansion - The company has expanded its business operations outside of Inner Mongolia, establishing subsidiaries in various regions to diversify its client base and reduce dependency on local government contracts[6]. - The company aims to improve project cash flow by prioritizing clients with strong fiscal capabilities and increasing upfront payments in new contracts[11]. - The company is closely monitoring national policy changes that could impact its PPP business model, which is crucial for government project financing[8]. - The company plans to replicate the "Mongcao model" across regions, leveraging its accumulated ecological restoration technology to expand its market presence[145]. Research and Development - Research and development expenses increased by 9.33% year-on-year to CNY 72,278,808.17, reflecting the company's commitment to innovation[100]. - The company has undertaken 43 national and local scientific research projects, receiving over CNY 90 million in special financial funding[101]. - The company applied for 79 patents in 2018, of which 16 were authorized, including 1 invention patent[49]. - The company is committed to transforming research outcomes into production capabilities, enhancing its ecological restoration projects through scientific advancements[149]. Ecological Restoration and Environmental Management - The company has established 13 specialized research institutes and corresponding germplasm resource banks, focusing on drought-resistant and cold-resistant plants, among other areas[28]. - The company has completed over 30 ecological restoration projects in mining areas, restoring a total area of 26.8 million square meters[42]. - The company has developed five major industry or national standards for ecological restoration, including "Degraded Grassland Restoration" and "Grassland Ecological Pasture Management" technologies[34]. - The company has expanded its ecological restoration business to over 10 provinces in China and established international cooperation in countries like Singapore and the UAE[29]. Financial Management and Compliance - The company has maintained compliance with commitments regarding non-competition and reduction of related party transactions[159]. - The company has effectively managed its raised funds, ensuring that they are utilized for projects that support its operational goals and growth strategies[122]. - The company has not engaged in any related party transactions during the reporting period[179]. - The company has not reported any significant changes in its operational strategy or market expansion plans during the reporting period[188]. Contracts and Projects - The company signed 107 new engineering construction contracts with a total amount of CNY 2,391,261,000, a decline of 86.11% compared to the previous year[58]. - The company confirmed revenue of CNY 371.94 million for the G6 highway project, with cumulative revenue recognized reaching CNY 30.67 million by the end of the reporting period[59]. - The company confirmed revenue of CNY 12.70 million for the ecological construction project in Wuhai City, with cumulative revenue recognized reaching CNY 55.98 million by the end of the reporting period[66]. - The company has engaged in several guarantees totaling 1.45 billion CNY, with all guarantees completed by the end of the reporting period[183].