Financial Performance - The company's operating revenue for 2018 was ¥771,743,080.77, a decrease of 4.45% compared to ¥807,676,980.65 in 2017[22]. - The net profit attributable to shareholders for 2018 was ¥168,243,158.50, down 23.29% from ¥219,322,071.71 in 2017[22]. - The net profit after deducting non-recurring gains and losses was ¥150,049,636.82, a decline of 28.18% from ¥208,927,595.47 in 2017[22]. - The net cash flow from operating activities increased by 46.30% to ¥93,797,363.32 from ¥64,113,424.37 in 2017[22]. - The total assets at the end of 2018 were ¥5,700,570,813.99, representing a 45.63% increase from ¥3,914,530,618.73 at the end of 2017[22]. - The net assets attributable to shareholders increased by 36.05% to ¥3,024,586,134.78 from ¥2,223,064,830.85 at the end of 2017[22]. - The basic earnings per share for 2018 were ¥0.3554, a decrease of 35.18% from ¥0.5483 in 2017[22]. - The weighted average return on net assets was 5.79%, down from 10.38% in 2017[22]. - The company reported a total of ¥18,193,521.68 in non-recurring gains and losses for 2018, compared to ¥10,394,476.24 in 2017[28]. - In 2018, the company achieved operating revenue of 771.74 million yuan, a decrease of 35.93 million yuan compared to the previous year[54]. - The net profit for 2018 was 165.38 million yuan, down 51.42 million yuan year-on-year, with a comprehensive profit margin of 21.43%, lower than 26.84% in 2017[54]. Market and Competition - The company is experiencing intensified competition in urban sewage treatment and comprehensive environmental services, with numerous competitors in various segments[7]. - The company is expanding its market presence in solid waste and ecological sectors, although this requires time for market cultivation[6]. - The company has a market share of 0.42% in municipal water supply, with a total scale of 40,000 tons/day[45]. - In municipal wastewater treatment, the company holds a market share of 0.87%, with a total scale of 77,000 tons/day[46]. - The company is focused on enhancing its management systems and internal controls to mitigate risks associated with rapid growth[8]. Strategic Initiatives - The company is exploring strategic partnerships and potential mergers and acquisitions to strengthen its market position[6]. - The company is actively involved in the development of new technologies and products in the environmental protection sector[6]. - The company has established a mature procurement model with a qualified supplier database and regular evaluations[36]. - The company is focusing on developing integrated treatment technologies for organic solid waste, including kitchen waste and livestock manure[75]. - The company aims to enhance its consulting services in environmental technology and project evaluation, targeting growth in the service sector[96]. Environmental Commitment - The company is committed to maintaining water treatment quality despite challenges from incoming water quality and operational issues[7]. - The company focuses on providing comprehensive services in the environmental water treatment sector, including R&D, consulting, design, equipment production, and project management[38]. - The company has implemented continuous monitoring of effluent quality to ensure compliance with environmental regulations[188]. - The overall performance in pollutant reduction has shown a commitment to sustainable practices in wastewater management[188]. - The company has established an emergency response plan for environmental incidents and is actively monitoring effluent quality through a self-monitoring scheme[191]. Investment and Growth - The company reported a significant increase in investment activity cash outflow by 2,692.29% year-on-year, primarily due to increased external investments[87]. - The company plans to expand its market presence through new product development and strategic partnerships in the environmental technology sector[96]. - The company is focusing on utilizing self-owned funds for investment in energy-saving projects, indicating a strategic shift towards sustainable practices[96]. - The company has committed to ongoing monitoring and reporting of environmental performance to the public, enhancing transparency and accountability[192]. - The company is actively pursuing market expansion through the establishment of new subsidiaries, including those focused on solid waste treatment and air pollution control[113]. Shareholder Relations - The company reported a cash dividend distribution plan based on a base of 480,000,000 shares, proposing a cash dividend of 0.35 CNY per 10 shares (including tax) and no bonus shares[10]. - The company has a cash dividend policy that requires at least 80% of profits to be distributed as cash dividends during its mature stage[130]. - The cash dividend amount was 16,800,000.00, representing 9.99% of the net profit attributable to ordinary shareholders[133]. - The company will actively accept social supervision regarding its public commitments made during the IPO process[140]. - The company will ensure that any gains from unfulfilled commitments will be returned to the company[141]. Operational Challenges - The company faces risks related to project delays, budget overruns, and cash flow issues due to potential changes in national industrial policies and macroeconomic conditions[6]. - The company has a low risk of bad debts due to its customer base primarily consisting of government departments and large state-owned enterprises, but expanding accounts receivable could pose cash flow challenges[8]. - The company reported a significant increase in sludge treatment costs, which rose by 385.70% to ¥41,142,392.06[67]. - The company has identified instances of illegal discharge from upstream enterprises, impacting water quality[188]. - The company is focusing on enhancing its wastewater treatment capacity to address increasing environmental regulations and standards[188].

鹏鹞环保股份有限公司 2019 年第一季度报告全文 鹏鹞环保股份有限公司 2019 年第一季度报告 2019-051 2019 年 04 月 1 鹏鹞环保股份有限公司 2019 年第一季度报告全文 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。 公司负责人王洪春、主管会计工作负责人吴艳红及会计机构负责人(会计主 管人员)吕倩倩声明：保证季度报告中财务报表的真实、准确、完整。 2 鹏鹞环保股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 309,010,254.20 | 175,182,818.89 | 76.39% | | 归属于上市公司股东的净利润（元） | 50,437,470.11 | 48,80 ...

鹏鹞环保股份有限公司 2018 年第三季度报告全文 鹏鹞环保股份有限公司 2018 年第三季度报告 2018-080 2018 年 10 月 1 鹏鹞环保股份有限公司 2018 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。 公司负责人王洪春、主管会计工作负责人吴艳红及会计机构负责人(会计主 管人员)吕倩倩声明：保证季度报告中财务报表的真实、准确、完整。 2 鹏鹞环保股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 5,052,161,608.08 | 3,914,530,618.73 | | 29.06% | | 归属于上市公司股东的净资产 | 3,012,207, ...

鹏鹞环保股份有限公司 2018 年半年度报告全文 鹏鹞环保股份有限公司 2018 年半年度报告 2018 年 08 月 1 鹏鹞环保股份有限公司 2018 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 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。 公司负责人王洪春、主管会计工作负责人吴艳红及会计机构负责人(会计主 管人员)吕倩倩声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 1、投资风险 公司投资项目尽管在投资前对项目的必要性和可行性已经进行了充分论 证，但不排除受国家产业政策、宏观经济环境市场环境等因素变化的影响，可 能出现项目施工不能按期进行、投资突破预算、后期回款拖延等情况，最终导 致项目运行周期长，不能及时达到预期的效益。 2、竞争加剧的风险 目前，公司在城镇污水处理、工业园区和工业污水处理及综合环境服务等 领域均面临激烈的行业竞争。由于公司业务范围广泛，而市场集中度较低，行 业内细分领域的竞争对手众多，竞争对手在其各自擅长的领域谋求自身发展 ...

鹏鹞环保股份有限公司 2017 年年度报告全文 鹏鹞环保股份有限公司 2017 年年度报告 2018-031 2018 年 04 月 1 鹏鹞环保股份有限公司 2017 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人王洪春、主管会计工作负责人吴艳红及会计机构负责人(会计主 管人员)吕倩倩声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者 的实质性承诺，敬请投资者注意投资风险。 公司需遵守《深圳证券交易所创业板行业信息披露指引第 4 号——上市公 司从事节能环保服务业务》的披露要求 1、投资风险 公司投资项目尽管在投资前对项目的必要性和可行性已经进行了充分论 证，但不排除受国家产业政策、宏观经济环境市场环境等因素变化的影响，可 能出现项目施工不能按期进行、投资突破预算、后期回款拖延等情况，最终导 致项目运行周期长，不能及时达到预期的效益。 2、竞 ...

鹏鹞环保股份有限公司 2018 年第一季度报告全文 鹏鹞环保股份有限公司 2018 年第一季度报告 2018-033 2018 年 04 月 1 鹏鹞环保股份有限公司 2018 年第一季度报告全文 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。 公司负责人王洪春、主管会计工作负责人吴艳红及会计机构负责人(会计主 管人员)吕倩倩声明：保证季度报告中财务报表的真实、准确、完整。 2 鹏鹞环保股份有限公司 2018 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 175,182,818.89 | 131,654,527.90 | 33.06% | | 归属于上市公司股东的净利润（元） | 48,805,113.30 | 48,57 ...