证券代码：300437 证券简称：清水源 河南清水源科技股份有限公司 投资者关系活动记录表 编号：2018-004 | --- | --- | --- | |-----------------------|--------------------------|----------------------------------------------| | | | | | 投资者关系活动 | √ | 特定对象调研 □分析师会议 | | 类别 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □其他 | | | 参与单位名称及 | 西南证券 黄景文 | | | 人员姓名 | 南方基金 张磊 | | | | 新时代证券 赵腾辉 邱懿峰 | | | 时间 | 2018 年 6 月 12 | 日 星期二 | | 地点 | 河南 济源 | | | 上市公司接待人 员姓名 | | 董事长王志清先生、董事会秘书宋长廷先生 | | 投资者关系活动 | 一、对公司进行参观 | | | 主要内容介绍 | | 公司董事会秘书宋长廷先生陪同到访人员参观 | | ...

Group 1: Company Overview - The company focuses on a water-centric industrial chain, including research, production, and sales of water treatment agents, municipal engineering, industrial water treatment, and environmental governance [1] - Future plans include increasing R&D efforts to expand the variety and application of water treatment agents, emphasizing green and environmentally friendly products [1] Group 2: Strategic Directions - The company aims to enhance core competitiveness through continuous innovation in technology and products, increasing R&D investment, and adjusting product structure [1] - There is a strategic shift in municipal engineering, with a focus on seeking quality projects and mitigating operational risks after transferring part of the equity in Zhongxu Environment [1] Group 3: Water Cloud Technology - Water Cloud Technology's main business includes the R&D, production, and sales of water treatment equipment, monitoring sensors, and control systems [2] - The company plans to promote the Water Cloud system in various industrial sectors, contributing to energy conservation and pollution prevention [2] Group 4: Production Capacity and R&D Progress - Current production capacity includes 1,000 smart terminals and 5,000 water quality monitoring sensors annually, with plans to increase capacity based on market demand [2] - Recent advancements include the Water Cloud 300, which enhances monitoring capabilities for alkalinity, hardness, and chloride ions [2]

Financial Performance - The company's revenue for Q3 2022 reached ¥431,547,506.16, representing a 37.49% increase compared to the same period last year[5] - Year-to-date revenue as of Q3 2022 was ¥1,451,476,378.54, showing a 35.28% increase from the previous year[5] - Total operating revenue for the period reached ¥1,451,476,378.54, a 35.2% increase from ¥1,072,905,470.18 in the previous period[18] - Total operating costs amounted to ¥1,296,122,721.89, up 23.2% from ¥1,051,892,173.61 year-on-year[18] - Net profit for the period was ¥111,860,086.71, compared to ¥12,080,921.46 in the same period last year, representing a significant increase[19] - The net profit attributable to shareholders decreased by 88.87% to ¥5,491,608.43, while the net profit after deducting non-recurring gains and losses fell by 60.98% to ¥7,466,788.41[5] - The company reported a significant increase in net profit attributable to shareholders for the first nine months of 2022, up 458.25% to ¥112,326,159.46[9] Assets and Liabilities - The company's total assets decreased by 7.09% to ¥3,330,390,462.21 compared to the end of the previous year[5] - As of September 30, 2022, the total assets of Henan Qingshuiyuan Technology Co., Ltd. amounted to CNY 3,330,390,462.21, a decrease from CNY 3,584,419,971.31 at the beginning of the year[15] - The total current liabilities decreased from CNY 1,782,855,116.52 to CNY 1,334,788,859.75, indicating a reduction of approximately 25.0%[16] - Total liabilities decreased to ¥1,578,649,008.01 from ¥1,941,725,959.06, indicating improved financial stability[19] - Long-term borrowings increased by 65.41% to ¥219,662,932.47, primarily due to new loans for PPP projects[9] - Long-term borrowings increased to CNY 219,662,932.47 from CNY 132,800,000.00, reflecting a rise of about 65.3%[16] Cash Flow - Cash flow from operating activities showed a drastic decline of 93.44%, totaling ¥9,711,094.43 year-to-date[5] - Cash flow from operating activities generated a net amount of ¥9,711,094.43, a decrease from ¥148,107,749.51 in the previous period[21] - The net cash flow from investment activities was -43,453,235.45 CNY, a decrease compared to -76,178,745.37 CNY in the previous period[22] - The total cash inflow from financing activities was 1,227,157,751.88 CNY, up from 1,017,085,922.96 CNY year-over-year[22] - The net cash flow from financing activities was 49,930,589.61 CNY, a significant improvement from -214,653,869.16 CNY in the previous period[22] - The cash and cash equivalents at the end of the period amounted to 281,407,723.29 CNY, compared to 178,996,265.17 CNY at the end of the previous period[22] - The company received cash from borrowings totaling 672,063,132.45 CNY, compared to 656,929,900.00 CNY in the previous period[22] - The cash outflow for repaying debts was 635,856,640.86 CNY, an increase from 525,543,786.56 CNY year-over-year[22] - The cash inflow from other financing activities was 555,094,619.43 CNY, compared to 360,156,022.96 CNY in the previous period[22] - The net increase in cash and cash equivalents was 18,696,247.84 CNY, contrasting with a decrease of -142,473,103.22 CNY in the previous period[22] Shareholder Value - The basic earnings per share for Q3 2022 was ¥0.0212, down 90.49% year-on-year[5] - Basic earnings per share increased to ¥0.4336 from ¥0.0909, reflecting improved profitability[20] - Total equity attributable to shareholders increased to ¥1,734,665,926.43 from ¥1,625,282,086.74, showing growth in shareholder value[19] Legal Matters - The company has received a final judgment in a lawsuit against Li Wanshuang, requiring payment of CNY 70 million plus interest, with CNY 8,949,944.16 already collected[12] - The second phase of the equity repurchase lawsuit against Li Wanshuang has a judgment requiring payment of CNY 90 million plus interest, which is currently in the enforcement stage[13] - The company plans to closely monitor the progress of ongoing litigation and take necessary measures to protect the interests of the company and its shareholders[13] Other Financial Metrics - Research and development expenses were ¥16,616,216.72, down from ¥22,767,214.04, indicating a potential shift in investment strategy[18] - Other comprehensive income after tax was ¥224,684.32, compared to a loss of ¥11,813.15 in the previous period, reflecting improved financial performance[20] - The company reported a credit impairment loss of ¥4,334,542.42, a significant reduction from ¥45,849,008.66 in the previous period, indicating better asset quality[19] - The company received government subsidies amounting to ¥1,428,905.04 during the reporting period, contributing to its financial performance[6] Inventory and Receivables - Accounts receivable increased to CNY 390,605,037.32 from CNY 338,273,140.22, representing a growth of about 15.5%[15] - The inventory decreased significantly from CNY 206,760,460.09 to CNY 155,954,361.98, a reduction of approximately 24.6%[15] Project Development - The company is actively progressing on the phosphorus pentachloride project, which aims for an annual production capacity of 100,000 tons[13] Audit Status - The company did not conduct an audit for the third quarter report[23]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,019,928,872.38, representing a 34.37% increase compared to ¥759,024,076.41 in the same period last year[19]. - The net profit attributable to shareholders was ¥106,834,551.03, a significant turnaround from a loss of ¥29,216,490.62 in the previous year, marking a 465.67% increase[19]. - The net profit after deducting non-recurring gains and losses was ¥99,186,957.65, compared to a loss of ¥29,876,391.69 in the previous year, reflecting a 431.99% increase[19]. - The basic earnings per share increased to ¥0.4124 from a loss of ¥0.1321, representing a 412.19% improvement[19]. - The diluted earnings per share also rose to ¥0.4124 from a loss of ¥0.1079, indicating a 482.21% increase[19]. - The weighted average return on net assets improved to 6.40%, up from -2.42% in the previous year, an increase of 8.82%[19]. - The total assets at the end of the reporting period were ¥3,542,545,828.56, a slight decrease of 1.17% from ¥3,584,419,971.31 at the end of the previous year[19]. - The net assets attributable to shareholders increased to ¥1,722,311,236.32, up 5.97% from ¥1,625,282,086.74 at the end of the previous year[19]. - The net cash flow from operating activities was ¥77,405,394.00, down 50.09% from ¥155,078,728.94 in the same period last year[19]. - The company reported a non-recurring profit of 7,647,593.38 yuan after accounting for various non-operating income and expenses[23]. Market and Industry Insights - The water treatment industry experienced a slight recovery in demand compared to the same period last year, driven by national environmental regulations and the gradual elimination of outdated production capacity[27]. - The company operates primarily in the production and sales of water treatment agents, with a focus on innovation across the water-related industry chain[28]. - The company’s main products include organic phosphorus and polymer products, which are widely used in various industries such as chemical, steel, and wastewater treatment[31]. - The overall competitive landscape of the water treatment industry is stabilizing, with leading companies gaining market share due to cost and channel advantages[27]. - The global water treatment agents market is projected to reach $46.56 billion in 2023, with significant growth in industrial, municipal, and wastewater treatment segments[39]. - The domestic water treatment agents market is expected to reach $5.549 billion in 2022, with municipal water treatment accounting for $1.288 billion[39]. Strategic Initiatives - The company aims to expand its product applications into concrete additives, textile auxiliaries, leather auxiliaries, and other sectors to meet customer demands[40]. - The company has established long-term partnerships with multiple domestic and international clients, resulting in high customer satisfaction and loyalty[44]. - The company is focused on expanding its market presence and enhancing its brand influence through participation in industry exhibitions and academic exchanges[44]. - The company is investing in new projects, including phosphorus pentachloride and cellulose ether, which may face delays due to regulatory approvals and market conditions[76]. - The company is actively pursuing strategic partnerships and potential acquisitions to strengthen its market position and technological capabilities[130]. Research and Development - The company emphasizes R&D, supported by a team of experts, to enhance its technological capabilities and industry competitiveness[43]. - Research and development investment decreased by 43.06% to ¥10,212,577.17 compared to the previous period, indicating a reduction in project funding[49]. - The company plans to increase its investment in research and development by 24 million yuan in the upcoming fiscal year[175]. Environmental Compliance and Social Responsibility - The company is committed to environmental compliance and has not reported any incidents of non-compliance since the plant's operation began[95]. - The company emphasizes social responsibility, focusing on occupational health and environmental protection while maximizing shareholder value[102]. - The company donated over 40 tons of disinfectant to 38 local organizations to support pandemic prevention efforts starting April 27, 2022[103]. - The company has established a robust safety and emergency response mechanism to manage production risks effectively[77]. Financial Management and Risks - The company faces risks from fluctuations in raw material prices, which could impact gross margins and profitability[74]. - The company is enhancing its accounts receivable management to mitigate cash flow risks associated with economic downturns and client difficulties[81]. - The company has not implemented any stock incentive plans during the reporting period, indicating a focus on other management strategies[88]. - The company has reported a significant increase in accounts receivable, indicating potential cash flow issues[136]. Governance and Compliance - The company has established a robust internal control system and governance structure to enhance transparency and compliance with legal regulations[102]. - The company adheres to the Chinese accounting standards and continues to ensure compliance with regulatory requirements for financial reporting[191]. - The semi-annual financial report has not been audited[113]. Future Outlook - The company aims to achieve a revenue growth target of 10% for the next fiscal year, driven by market expansion initiatives[174]. - Future guidance suggests a continued upward trend in revenue, with expectations of reaching 800 million by the end of the fiscal year[177].

证券代码：300437 证券简称：清水源 公告编号：2022-028 河南清水源科技股份有限公司关于参加河南辖区 上市公司 2022 年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。 为进一步加强与投资者的互动交流，河南清水源科技股份有限公司（以下简 称"公司"）定于 2022 年 5 月 30 日（周一）15:30-17:00 参加在全景网举办 的"真诚沟通 传递价值"河南辖区上市公司 2022 年投资者网上集体接待日活动， 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。 出席本次网上集体接待日活动的人员有：公司董事长王志清、副总裁韩光武、 董事会秘书成举明、财务总监王琳（如有特殊情况，参会人员将可能进行调整）。 欢迎广大投资者积极参与！ 特此公告。 河南清水源科技股份有限公司董事会 2022 年 5 月 25 日 ...

Financial Performance - The company's revenue for Q1 2022 was ¥529,847,733.13, representing a 59.17% increase compared to ¥332,879,279.21 in the same period last year[3] - Net profit attributable to shareholders reached ¥76,206,261.70, a significant increase of 2,114.93% from ¥3,440,571.91 in the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥74,557,476.87, up 2,183.29% from ¥3,265,354.82 year-on-year[3] - Basic earnings per share increased to ¥0.2942, reflecting a growth of 1,785.90% compared to ¥0.0156 in the same quarter last year[3] - Total operating revenue for Q1 2022 reached ¥529,847,733.13, a significant increase of 59.0% compared to ¥332,879,279.21 in the same period last year[17] - Net profit for Q1 2022 was ¥76,108,908.44, compared to ¥5,289,306.35 in Q1 2021, representing a substantial increase of 1,355.5%[18] - The company reported a total comprehensive income of ¥76,100,356.20 for Q1 2022, compared to ¥5,294,690.25 in the same quarter last year, showcasing improved overall performance[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,575,697,227.98, a slight decrease of 0.24% from ¥3,584,419,971.31 at the end of the previous year[3] - The company's total assets as of March 31, 2022, amounted to ¥3,575,697,227.98, slightly down from ¥3,584,419,971.31 at the beginning of the year[15] - Current assets totaled ¥1,885,982,522.77, showing a marginal increase from ¥1,879,174,214.73 at the start of the year[14] - The total liabilities decreased to ¥1,856,435,522.58 from ¥1,941,725,959.06, indicating a reduction of 4.4%[15] - Cash and cash equivalents at the end of Q1 2022 were ¥536,668,249.89, down from ¥568,298,528.37 at the beginning of the year, a decrease of 5.6%[14] - Total cash and cash equivalents at the end of Q1 2022 stood at ¥208,526,813.69, slightly down from ¥214,524,611.83 at the end of Q1 2021[22] Cash Flow - The company reported a net cash flow from operating activities of -¥64,360,591.74, a decline of 245.71% compared to ¥44,168,951.46 in the same period last year[3] - The net cash flow from operating activities for Q1 2022 was -¥64,360,591.74, a decline from ¥44,168,951.46 in the previous year, reflecting challenges in cash generation[20] - Cash inflows from financing activities amounted to ¥440,788,667.43 in Q1 2022, an increase from ¥424,647,719.38 in Q1 2021, indicating stronger financing efforts[22] - The cash outflows from operating activities totaled ¥299,203,231.98 in Q1 2022, compared to ¥572,785,217.23 in the previous year, showing a reduction in cash expenses[20] - The company incurred investment cash outflows of ¥5,213,822.57 in Q1 2022, down from ¥33,166,508.58 in the same period last year, reflecting a decrease in capital expenditures[22] - The net cash flow from financing activities was positive at ¥15,997,561.85 for Q1 2022, contrasting with a negative cash flow of -¥117,963,152.86 in Q1 2021, indicating improved financing conditions[22] Operational Developments - The company is in the early stages of a project to build a 100,000-ton per year phosphorus pentachloride production facility, with ongoing discussions with regulatory authorities[12] - The company received a government subsidy of ¥36,051.93 related to its normal business operations during the reporting period[5] - The company is closely monitoring the progress of a litigation case regarding the transfer and repurchase of shares, which may impact future operations[12] - The company did not conduct any mergers or acquisitions during the reporting period, focusing instead on organic growth strategies[19] Cost Management - Total operating costs for Q1 2022 were ¥427,763,717.10, up from ¥338,168,426.92, reflecting a year-over-year increase of 26.5%[18] - The company reported a significant increase in research and development expenses, totaling ¥4,068,977.84, down from ¥7,753,003.35 in the previous year, indicating a focus on cost management[18] - Accounts receivable increased to ¥378,539,574.39 from ¥338,273,140.22, reflecting a growth of 11.9%[14] - Inventory levels rose to ¥235,036,890.51, compared to ¥206,760,460.09 at the beginning of the year, an increase of 13.7%[14] Return on Equity - The weighted average return on equity rose to 4.58%, up from 0.29% in the previous year[3]

Financial Performance - The company reported a total revenue of RMB 259,063,097 for the year 2021, with a cash dividend of RMB 1.00 per 10 shares distributed to shareholders [5]. - The company's operating revenue for 2021 was ¥1,637,922,414.58, representing a 32.37% increase compared to ¥1,237,387,447.26 in 2020 [18]. - The net profit attributable to shareholders in 2021 was ¥90,057,328.22, a significant turnaround from a loss of ¥373,063,087.37 in 2020, marking a 124.14% improvement [18]. - The net profit after deducting non-recurring gains and losses was ¥83,154,045.67 in 2021, compared to a loss of ¥378,312,564.63 in 2020, reflecting a 121.98% increase [18]. - The net cash flow from operating activities increased by 65.31% to ¥326,537,270.53 in 2021, up from ¥197,529,211.08 in 2020 [18]. - The total assets at the end of 2021 were ¥3,584,419,971.31, a decrease of 18.31% from ¥4,387,774,793.05 at the end of 2020 [18]. - The net assets attributable to shareholders increased by 32.89% to ¥1,625,282,086.74 at the end of 2021, compared to ¥1,223,050,081.13 at the end of 2020 [18]. - The company reported a basic earnings per share of ¥0.4013 in 2021, a significant increase from a loss of ¥1.7088 in 2020, representing a 123.48% improvement [18]. - The company achieved a production capacity of 16000 tons/year for DTPMP and 130000 tons/year for chloromethane, with a 24.15% and 31.40% increase in production capacity respectively, reaching full production by December 2021 [66]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year growth of 15% [176]. Research and Development - The company emphasizes its focus on research and development, particularly in water treatment technologies, to enhance its market position [4]. - The company has formed a strong R&D team, including experts from the Chinese Academy of Sciences and experienced professionals, to enhance its technological capabilities and industry competitiveness [36]. - The company plans to increase R&D investment to develop new types of green and environmentally friendly water treatment chemicals, thereby expanding its product range and application scope [35]. - The R&D department has made advancements in eco-friendly technologies, with a budget increase of 40% for 2022 to support innovation [176]. - The company has developed a new ultrasonic anaerobic biological treatment technology for high-concentration phenol/ammonia wastewater, aiming to significantly shorten the treatment process time and broaden the application range of existing technologies [96]. - The project for polypropylene acid scale inhibitors has completed part of its products, achieving higher effective content and better stability, which is expected to enhance market share [96]. - The company has successfully completed the development of a zero discharge technology for high-salinity organic wastewater, which is anticipated to strengthen its core competitiveness in the industrial wastewater treatment sector [96]. - The company is focusing on enhancing its core technology and competitive edge through innovative research and development projects [96]. Market Position and Strategy - The company is positioned as a leading enterprise in the water treatment agent industry, with a diverse product range and strong customer relationships [29]. - The demand for water treatment agents is expected to continue growing due to increasing global water scarcity and environmental regulations [30]. - The company aims to establish itself as a key production base in the domestic water treatment industry, focusing on the production and sales of water treatment chemicals while enhancing its core competitiveness [35]. - The company has successfully completed the expansion project for an annual production capacity of 180,000 tons of water treatment chemicals, increasing its design capacity to 270,000 tons per year, which will enhance product structure and significantly boost output [34]. - The company plans to expand its market presence by entering three new provinces in 2022, aiming for a market share increase of 10% in those regions [176]. - A strategic acquisition of a local competitor is in progress, expected to enhance the company's market position and increase annual revenue by approximately 200 million RMB [176]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective checks and balances among the shareholders, board of directors, and management [149]. - The board of directors consists of 9 members, including 3 independent directors, meeting the requirements set by laws and regulations [151]. - The company has an independent financial department and a sound financial management system, ensuring financial independence from the controlling shareholder [161]. - The company actively respects and protects the rights of stakeholders, promoting balanced interests among shareholders, employees, and society [155]. - The company has established a robust information disclosure system, ensuring equal access to information for all shareholders [157]. - The company has maintained compliance with the Company Law and regulatory rules, ensuring timely and efficient decision-making processes [192]. - The independent directors actively fulfilled their responsibilities, ensuring the protection of the company's overall interests and the legal rights of all shareholders, especially minority shareholders [191]. Operational Efficiency - The company has established a dynamic monitoring industrial internet platform to enhance operational efficiency and reduce resource consumption [42]. - The company is advancing the "Water Cloud Trace" industrial internet platform to enhance its water treatment services through smart technology [82]. - The company has implemented a new gas protection system for the production of HEDP, enhancing raw material utilization [64]. - The company is focused on continuous online production processes to improve product stability and efficiency [65]. - The company has implemented a performance incentive system to encourage innovation and improve R&D efficiency, focusing on the conversion of scientific research achievements into economic benefits [69]. Challenges and Risks - The company faces challenges with rising raw material costs and increased competition in the water treatment agent market [30]. - The company faces risks from fluctuations in raw material and product prices, which can impact gross margins and profitability due to significant price volatility during the reporting period [137]. - Increased environmental regulations may raise operational costs, affecting project profitability, as the company must comply with stricter standards [139]. - The company is exposed to international trade risks, including potential trade barriers and tariffs that could adversely affect export operations and market expansion [140]. - Currency exchange rate fluctuations pose a risk to profitability, as a significant portion of export revenue is denominated in USD, and recent volatility in the RMB/USD exchange rate could impact financial performance [142]. Employee Development - The total number of employees at the end of the reporting period is 962, with 72 from the parent company and 890 from major subsidiaries [198]. - The company emphasizes employee development through various training programs, including pre-job training, on-the-job training, and management training [200]. - Training initiatives are designed to align with company strategy and employee needs, focusing on practical and value-driven content [200]. - Continuous employee stock ownership plans are in place to foster a sense of responsibility and mission among the management team and key personnel [199].

Financial Performance - The company's operating revenue for Q3 2021 was ¥313,881,393.77, a decrease of 13.46% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was ¥49,337,567.80, an increase of 47.03% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,134,483.49, a decrease of 35.99% compared to the same period last year[5] - The basic earnings per share for Q3 2021 was ¥0.2230, an increase of 45.09% year-on-year[7] - Revenue for Q3 2021 reached CNY 1,072,905,470.18, an increase of 20.73% compared to CNY 888,645,424.90 in the same period last year[12] - Operating profit decreased by 77.55% to CNY 22,678,245.27 from CNY 101,036,736.20, primarily due to rising raw material costs for water treatment agents[12] - Net profit attributable to the parent company was CNY 20,121,077.18, down 72.15% from CNY 72,256,407.94, largely due to increased raw material costs and provisions for bad debts[12] - Net profit for the current period was ¥12,080,921.46, a decrease of 83.4% from ¥72,579,597.84 in the same period last year[26] - The company reported a basic earnings per share of ¥0.0909, down from ¥0.3309 in the previous period[27] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥3,133,764,442.11, a decrease of 28.58% from the end of the previous year[7] - Total assets decreased by 28.58% to CNY 3,133,764,442.11 from CNY 4,387,774,793.05, mainly due to the disposal of a 50% stake in a subsidiary[12] - The company's current assets totaled CNY 1,743,261,097.83, down from CNY 2,415,739,298.71 at the end of 2020, indicating a decrease of about 27.8%[21] - The total liabilities decreased to CNY 1,778,360,672.72 from CNY 2,896,708,704.35, reflecting a reduction of approximately 38.7%[22] - The company's cash and cash equivalents were CNY 449,919,668.33, down from CNY 529,148,880.31, a decline of about 15%[20] - The total current assets amounted to 2,415,739,298.71 CNY, with cash and cash equivalents at the end of the period being 178,996,265.17 CNY, down from 413,265,231.18 CNY year-on-year[34] - The total liabilities reached 2,896,708,704.35 CNY, with current liabilities accounting for 2,140,917,850.42 CNY[35] - The total equity attributable to shareholders was 1,223,050,081.13 CNY, remaining stable compared to the previous year[35] Cash Flow - The cash flow from operating activities for the year-to-date was ¥148,107,749.51, an increase of 3.58% compared to the same period last year[5] - Cash received from operating activities was CNY 102,066,092.91, a decrease of 43.26% from CNY 179,880,224.88, due to the disposal of a subsidiary[12] - Cash inflow from investment activities was ¥9,787,082.54, significantly lower than ¥100,077,210.28 in the previous period[30] - Cash outflow from investment activities totaled ¥85,965,827.91, down from ¥236,251,561.78 in the prior period, indicating reduced investment spending[30] - Cash inflow from financing activities reached ¥1,017,085,922.96, an increase from ¥954,941,297.81 in the previous period[30] - The company incurred a total of ¥525,543,786.56 in debt repayment during the current period, compared to ¥582,966,700.94 in the previous period[30] - The net cash flow from financing activities was -214,653,869.16 CNY, compared to 65,986,277.11 CNY in the same period last year, indicating a significant decline[31] Equity and Shareholder Information - The equity attributable to shareholders at the end of Q3 2021 was ¥1,340,482,575.46, an increase of 9.60% from the end of the previous year[7] - The company reported a significant increase in cash paid for financing activities, which rose by 188.47% to CNY 662,921,679.68 from CNY 229,802,238.74[12] - The number of ordinary shareholders at the end of the reporting period was 24,552, with the largest shareholder holding 40.71% of the shares[14] - The company’s non-current assets totaled 1,972,035,494.34 CNY, with fixed assets valued at 353,870,634.88 CNY[34] - The company has approved a plan to permanently supplement working capital with surplus raised funds totaling CNY 151,134,700, which includes CNY 36,455,700 for outstanding project payments[18] Operational Developments - The company plans to accelerate the trial production of its annual capacity expansion project for water treatment agents, which is currently at 180,000 tons, aiming for early full production[16] - The employee stock ownership plan for 2021 is actively progressing following approval at the third extraordinary general meeting of shareholders[17] - The company is involved in a lawsuit regarding equity transfer disputes, which is currently pending in court[16] Accounting and Reporting - The company has not undergone an audit for the third quarter report[37] - The company implemented new leasing standards starting in 2021, requiring adjustments to the financial statements[32]

Financial Performance - The company's operating revenue for the reporting period was ¥759,024,076.41, an increase of 44.31% compared to the same period last year[20]. - The net profit attributable to shareholders was -¥29,216,490.62, a decrease of 175.50% year-on-year[20]. - The net cash flow from operating activities was ¥155,078,728.94, representing a significant increase of 256.25% compared to the previous year[20]. - The total assets at the end of the reporting period were ¥4,508,818,572.27, an increase of 2.76% from the end of the previous year[20]. - The company reported a basic earnings per share of -¥0.1321, down 174.51% from the previous year[20]. - The operating cost increased by 64.53% to CNY 636,432,439.95, primarily due to rising prices of raw materials for water treatment agents and increased costs of engineering projects[53]. - The company's financial expenses increased by 32.61% to CNY 39,447,659.92, primarily due to higher interest expenses during the reporting period[53]. - The company's cash and cash equivalents decreased by 618.60% to CNY -48,962,424.03, mainly due to increased loan repayments during the reporting period[53]. - The company's total liabilities increased to CNY 3,091,451,381.38, up from CNY 2,896,708,704.35, representing a rise of 6.7%[193]. - The total equity attributable to shareholders decreased to CNY 1,155,811,340.44 from CNY 1,223,050,081.13, a decline of 5.5%[193]. Operational Highlights - The company has a total of six wholly-owned subsidiaries involved in environmental engineering and technology[11]. - The company is actively engaged in environmental governance and water treatment services, with a focus on industrial wastewater treatment and resource utilization[28][29]. - The company has established long-term partnerships with various domestic and international clients, enhancing customer satisfaction and loyalty[34]. - The company completed the construction of an 180,000-ton water treatment agent expansion project, which has entered the production phase and is expected to reach full capacity in the second half of 2021[44]. - The company has established a "qualified supplier list" system to ensure stable raw material supply channels, with procurement based on market pricing[35]. - The company’s production model is primarily "production based on sales," allowing for timely supply to meet customer demand while balancing production[36]. - The company’s sales model combines direct sales to end customers with sales through service providers and traders, ensuring comprehensive customer support[35]. Research and Development - The company aims to enhance its core competitiveness by increasing R&D investment and expanding the variety and application range of water treatment agents, focusing on green and environmentally friendly products[44]. - Research and development investment rose by 49.86% to CNY 17,937,132.03, reflecting the company's commitment to enhancing its R&D capabilities[53]. - The company has a strong R&D team, including experts from the Chinese Academy of Sciences and a dedicated group of postdoctoral and doctoral researchers, enhancing its technological capabilities[45]. Risk Management - The company emphasizes the importance of risk awareness in its future plans and development strategies[4]. - The report includes a detailed description of potential operational risks and corresponding countermeasures[4]. - The company has established risk management measures to mitigate foreign exchange market risks, liquidity risks, and credit risks associated with derivative trading[79]. - The company emphasizes the importance of adhering to risk management protocols when engaging in foreign exchange derivative transactions[79]. - The company plans to establish a long-term mechanism for orderly recovery of accounts receivable, focusing on maintaining relationships with high-credit customers[97]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with specific emissions standards for various pollutants, ensuring compliance with environmental regulations[106]. - The company has received environmental impact approvals for various projects, including a 50,000-ton water treatment agent project and a 10,000-ton project, with approvals dating back to 2009 and 2012 respectively[109]. - The company operates a wastewater treatment plant that has undergone environmental impact assessments and received necessary approvals, including a permit issued in December 2016[111]. - No administrative penalties were imposed on the company during the reporting period due to environmental issues, indicating compliance with regulations[115]. - The company has implemented third-party monitoring for pollution emissions, conducting quarterly assessments to ensure compliance with environmental standards[113]. Shareholder and Governance Information - The company reported no changes in the fundraising project during the reporting period[75]. - The company has established a governance structure that complies with relevant laws and regulations, continuously improving its governance level[116]. - The total number of ordinary shareholders at the end of the reporting period is 16,254[163]. - The largest shareholder, Wang Zhiqing, holds 23,817,500 shares, accounting for 43.06% of the total shares[164]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[123]. Future Outlook - The company aims to strengthen its market influence and promote its development philosophy and strategic goals within the industry[34]. - The company is closely monitoring the COVID-19 pandemic and adjusting its business operations accordingly to seize industry development opportunities[93]. - The company faces risks from changes in the international trade environment, including potential trade barriers that could impact export performance[94]. - The company plans to temporarily use up to CNY 100 million of idle convertible bond funds to supplement working capital, with a repayment period not exceeding 12 months[74].

证券代码：300437 证券简称：清水源 公告编号：2021-045 债券代码：123028 债券简称：清水转债 河南清水源科技股份有限公司 关于参加河南辖区上市公司 2021 年投资者 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。 为进一步加强与投资者的互动交流，河南清水源科技股份有限公司定于 2021 年 6 月 8 日（周二）16:00-17：20 参加在全景网举办的"真诚沟通 传递 价值"河南辖区上市公司 2021 年投资者网上集体接待日活动，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。 出席本次网上集体接待日活动的人员有：公司董事会秘书兼副总裁成举明先 生、财务总监王琳女士（如有特殊情况，参会人员将可能进行调整），欢迎广大 投资者积极参与！ 特此公告。 河南清水源科技股份有限公司董事会 2021 年 6 月 3 日 ...