Financial Performance - The company reported a total revenue of RMB 300 million for the first half of 2022, representing a year-on-year increase of 15%[13]. - The net profit attributable to shareholders was RMB 50 million, up 20% compared to the same period last year[13]. - The company's operating revenue for the reporting period reached ¥904,393,355.60, representing a 58.57% increase compared to ¥570,334,737.81 in the same period last year[19]. - The net profit attributable to shareholders was ¥41,993,465.87, a significant increase of 228.00% from ¥12,802,886.94 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥28,512,879.49, up 855.92% from ¥2,982,782.33 year-on-year[19]. - The basic earnings per share increased to ¥0.2299, reflecting a growth of 227.03% compared to ¥0.0703 in the previous year[19]. - The company reported a total of 1,200 million in revenue for the first half of 2022, representing a 15% increase compared to the same period in 2021[158]. - The company provided a revenue guidance of 2,500 million for the full year 2022, indicating a growth of 20% compared to 2021[159]. Market Expansion and Strategy - The company plans to expand its market presence in the renewable energy sector, focusing on solar and wind energy projects[13]. - User data indicates a 25% increase in project inquiries, suggesting strong market demand for the company's services[13]. - The company aims to achieve a revenue target of RMB 600 million for the full year 2022, indicating a growth forecast of 20%[13]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market reach[13]. - The company aims to achieve over 1.2 billion kW of installed capacity for wind and solar power by 2030, with a target of 30 million kW for new energy storage installations by 2025[39]. - The company is actively expanding its household photovoltaic market by standardizing design, industrializing products, and utilizing intelligent operation and maintenance, aligning with national strategies[36]. - The company has established strategic partnerships with Ningde Times and invested in several upstream and downstream companies to build a "new energy + energy storage" ecosystem[72]. Research and Development - Research and development expenses increased by 10% to RMB 30 million, reflecting the company's commitment to innovation[13]. - The company invested ¥28,819,976.45 in R&D, which is a 13.77% increase compared to the previous year[77]. - The company is committed to increasing R&D in "new energy + energy storage" system integration technology to improve its market position[113]. - The company emphasizes continuous technological innovation and has set up a dedicated department for smart energy research and development, focusing on digital design and software product development[46]. Operational Efficiency - The company has successfully completed 15 major projects in the first half of 2022, contributing significantly to its revenue growth[13]. - The company provides EPC engineering services, focusing on design-led project management to optimize construction processes and control costs effectively[32]. - The company has developed a digital twin platform for power engineering, enhancing its traditional surveying and design as well as EPC contracting services, which improves core competitiveness[33]. - The company focuses on intelligent operation and maintenance services for wind power, photovoltaics, and energy storage, utilizing big data, cloud computing, and AI to provide lifecycle services and reduce operational costs[34]. Financial Management - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[3]. - The company reported a net increase in cash and cash equivalents of -¥163,026,456.85, reflecting a significant decline compared to the previous year[78]. - The company has established a financial derivatives trading management approach to mitigate risks associated with currency fluctuations and counterparty defaults[99]. - The company has a well-developed management mechanism for construction quality control, utilizing qualified subcontractors for EPC projects[50]. Risk Management - The management highlighted risks related to regulatory changes in the energy sector and plans to implement strategies to mitigate these risks[3]. - The company has established a risk management framework to address potential challenges in overseas project execution due to local conditions[112]. - The company recognizes the impact of the COVID-19 pandemic on its operations and is implementing measures to mitigate risks associated with potential outbreaks[113]. Social Responsibility - The company has committed to social responsibility, supporting local government poverty alleviation projects and donating materials to frontline workers during the pandemic[126]. - The company plans to continue participating in government poverty alleviation and other social welfare projects, aiming to enhance technology and marketing in impoverished areas[126]. Shareholder Information - The company completed a stock incentive plan, increasing the total shares from 182,104,000 to 185,252,160 shares[173]. - The major shareholders include Fuzhou Bohong Investment Management Co., Ltd. with a 24.93% stake (46,185,486 shares) and Fuzhou Yongfu Hengcheng Investment Management Co., Ltd. with a 19.10% stake (35,378,453 shares)[182]. - The total number of shareholders at the end of the reporting period was 19,152[181].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 413,901,890.98, representing a 104.80% increase compared to CNY 202,100,600.18 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was CNY 16,857,636.46, a 95.35% increase from CNY 8,629,457.02 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,762,101.44, a significant increase of 1,941.17% compared to a loss of CNY 747,464.57 in the previous year[3] - The basic earnings per share for Q1 2022 was CNY 0.0926, up 95.36% from CNY 0.0474 in the same period last year[3] - Net profit for the quarter was CNY 14,158,798.46, compared to CNY 4,101,959.42 in the same period last year, showing a substantial growth in profitability[23] - The net profit attributable to the parent company for Q1 2022 was ¥16,857,636.46, an increase of 95.5% compared to ¥8,629,457.02 in Q1 2021[24] - The total comprehensive income attributable to the parent company for Q1 2022 was ¥16,970,848.85, up 95.5% from ¥8,693,032.00 in the same period last year[24] Assets and Liabilities - The total assets at the end of Q1 2022 were CNY 3,108,836,578.12, reflecting a 2.74% increase from CNY 3,026,063,113.49 at the end of the previous year[3] - The company's total assets increased to CNY 3,108,836,578.12 from CNY 3,026,063,113.49 at the beginning of the year, representing a growth of approximately 2.7%[20] - The total liabilities decreased slightly to CNY 1,915,545,607.06 from CNY 1,857,490,849.24, indicating a reduction of approximately 3.1%[20] - Current assets totaled CNY 2,412,097,524.23, up from CNY 2,358,118,240.83, indicating a rise of about 2.3%[19] - The company's cash and cash equivalents increased to CNY 593,742,079.99 from CNY 528,088,026.21, marking a growth of approximately 12.4%[19] - Long-term equity investments rose to CNY 123,399,843.13 from CNY 109,441,857.29, reflecting an increase of about 12.7%[19] Cash Flow - The company reported a decrease in cash flow from operating activities, with a net cash flow of CNY 79,543,750.76, down 2.70% from CNY 81,750,744.58 in the previous year[3] - Operating cash inflow increased by 63.49% to ¥515,236,897.62 due to higher recovery of total contract payments compared to the same period last year[10] - Operating cash outflow rose by 115.37% to ¥435,693,146.86, primarily due to expanded business scale and increased payments for total contract projects[10] - Net cash flow from financing activities decreased by 106.58% to -¥25,258,109.62 as the company repaid more bank loans compared to the previous year[10] - Net increase in cash and cash equivalents decreased by 40.06% to ¥35,885,389.04, attributed to reduced net cash flow from operating, investing, and financing activities[10] - Cash and cash equivalents at the end of Q1 2022 totaled ¥392,883,049.71, compared to ¥264,554,670.85 at the end of Q1 2021, reflecting a 48.4% increase[27] - The company reported a net cash outflow from investing activities of ¥18,236,000.00 in Q1 2022, compared to a net outflow of ¥4,770,384.94 in Q1 2021[27] - The net cash outflow from financing activities for Q1 2022 was ¥25,258,109.62, compared to a net outflow of ¥12,226,629.47 in Q1 2021[27] - The company received cash from borrowings amounting to ¥192,699,377.52 in Q1 2022, an increase from ¥180,000,000.00 in Q1 2021[27] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 22,043[13] - The top three shareholders hold a combined 53.69% of the shares, with 福州博宏投资管理有限公司 at 25.36%, 福州永福恒诚投资管理股份有限公司 at 19.43%, and 宁德时代新能源科技股份有限公司 at 8.00%[13] - The company is in the process of issuing shares to specific targets, with ongoing reviews and adjustments to the issuance plan[15][16] Operating Costs and Expenses - Operating costs for Q1 2022 were CNY 340,862,650.74, which is a 116.24% increase compared to CNY 157,634,615.22 in the previous year, driven by higher revenue[7] - Total operating costs amounted to CNY 414,747,012.85, up from CNY 216,893,468.81 in the prior year, reflecting a rise in operational expenses[23] - The company experienced a 113.42% increase in financial expenses, totaling CNY 10,926,161.26, primarily due to increased financing costs and foreign exchange losses[9] - Research and development expenses for the quarter were CNY 13,278,277.63, compared to CNY 11,827,704.66 in the previous year, showing an increase of about 12.3%[23] Investment Income - Investment income for Q1 2022 was CNY 14,497,352.58, a substantial increase of 349.63% compared to CNY 3,224,290.71 in the same period last year, attributed to improved profits from an associated company[9] - The company reported an investment income of CNY 14,497,352.58, significantly higher than CNY 3,224,290.71 from the previous period, indicating strong performance in investment activities[23] Mergers and Acquisitions - The company did not conduct any mergers or acquisitions during the reporting period[24]

Financial Performance - The company's operating revenue for 2021 was ¥1,567,918,028.98, representing a 59.92% increase compared to ¥980,439,090.50 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥40,765,880.21, a decrease of 19.94% from ¥50,918,935.37 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥18,665,102.47, down 51.48% from ¥38,471,153.90 in 2020[21]. - The net cash flow from operating activities increased by 118.34% to ¥181,196,848.44 from ¥82,988,060.44 in 2020[21]. - Total assets at the end of 2021 were ¥3,026,063,113.49, a 38.28% increase from ¥2,188,400,108.39 at the end of 2020[21]. - The net assets attributable to shareholders increased by 9.13% to ¥1,116,859,748.47 from ¥1,023,464,925.38 at the end of 2020[21]. - The basic earnings per share for 2021 was ¥0.2239, a decrease of 19.92% from ¥0.2796 in 2020[21]. - The diluted earnings per share for 2021 was ¥0.2177, down 22.14% from ¥0.2796 in 2020[21]. - The company achieved a revenue of 1.568 billion yuan in 2021, representing a year-on-year increase of 59.92%[81]. - Revenue from the new energy business reached 1.019 billion yuan, a significant increase of 190.90% compared to the previous year[81]. Market and Industry Trends - The company is focused on expanding its market presence in clean and renewable energy sectors, including solar and wind energy[14]. - The company is involved in the development of smart grids, which integrate power generation, transmission, and distribution with information technology[14]. - By the end of 2021, the total installed power generation capacity in China was 2.38 billion kW, a year-on-year increase of 7.9%, with wind power capacity at approximately 330 million kW, up 16.6%[32]. - The newly added installed capacity of renewable energy in 2021 was 138.09 million kW, accounting for 78.3% of total new capacity, with solar power contributing approximately 53 million kW and wind power approximately 48 million kW[33]. - The implementation of national dual carbon policies is expected to enhance the development of renewable energy and energy storage, promoting a cleaner and more efficient energy system[38]. - The company aims to achieve a non-fossil energy share of 20% in primary energy consumption by 2025, with a target of 30% for electricity consumption[4]. - By 2025, the total installed capacity of wind and solar power in China is expected to exceed 1.2 billion kilowatts, with wind and solar power generation accounting for approximately 16.5% of total electricity consumption[5]. Strategic Initiatives - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, based on a total of 182,104,000 shares[5]. - The company has established wholly-owned subsidiaries, including Fuzhou Xinchuan Electromechanical Equipment Co., Ltd. and Fujian Yongfan Wind Power Technology Co., Ltd.[14]. - The company has established a joint venture with CATL, becoming its second-largest shareholder, to enhance its capabilities in the "new energy + energy storage" ecosystem[43]. - The company is focused on the construction of large-scale wind and solar power bases, enhancing the grid's capacity to absorb renewable energy generation[42]. - The company aims to enhance the grid's ability to accommodate high proportions of renewable energy, improving its flexibility and safety[41]. - The company is committed to promoting the development of hydrogen energy and new energy systems to improve energy supply security[41]. Research and Development - The company has established a dedicated R&D department for smart energy, focusing on digital engineering technology and software product development[60]. - The company is actively engaged in R&D in offshore wind power, energy storage, and smart energy, achieving significant awards for its innovations[101]. - The company has completed research on the feasibility analysis of large-diameter steel pipe piles for offshore wind power, which provides important reference for pile sinking analysis[128]. - The company is focusing on the development of clean energy, with a target for non-fossil energy to account for 20% of total energy consumption by 2030[129]. - The company is committed to continuous innovation and technology integration to enhance its core R&D capabilities in modern electric power energy digital services[129]. Operational Efficiency - The company has implemented a comprehensive quality control system for procurement in its EPC engineering contracting business[66]. - The company has a robust bidding process for securing contracts, enhancing its competitive edge in the market[76]. - The company has implemented a comprehensive training program to enhance its technical innovation and maintain its competitive edge in the power engineering sector[59]. - The company is focusing on engineering design and service projects, which are expected to contribute to its revenue growth in the coming years[109]. - The company is enhancing its smart operation and maintenance services to improve safety, reduce costs, and increase service efficiency through a digitalized management platform[185]. Challenges and Risks - The company faces risks related to policy changes affecting clean energy investments, which could impact business development if not managed effectively[186]. - The company faces execution risks in overseas projects due to factors such as local social security, industrial policies, and exchange rate fluctuations[193]. - The ongoing COVID-19 pandemic has significantly impacted the global macro economy, adversely affecting the company's total contracting business, especially in foreign markets[194]. - The company is strengthening its project management capabilities to mitigate risks associated with the rapid growth of its EPC business and ensure effective execution[191]. Governance and Compliance - The company has established a governance structure compliant with relevant laws and regulations, ensuring effective management and control[198]. - The board of directors consists of 9 members, including 3 independent directors, meeting legal and regulatory requirements[200]. - The company has implemented measures to facilitate shareholder participation in meetings, including online voting options[199]. - The company is committed to improving its internal control systems and governance levels continuously[198].

Financial Performance - The company's revenue for the third quarter reached ¥400,502,638.87, representing a 90.22% increase year-over-year[3] - Net profit attributable to shareholders was ¥4,433,578.86, a decrease of 36.86% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥344,382.18, down 92.73% year-over-year[3] - The company's basic earnings per share were ¥0.0243, a decline of 37.05% compared to the same period last year[3] - The company's operating revenue reached ¥970,837,376.68, a 45.45% increase compared to ¥667,475,253.74 in the same period last year, driven by efforts in the new energy market[10] - The net profit attributable to shareholders decreased by 53.59% to ¥17,236,465.80 from ¥37,139,208.85, after accounting for share-based payment expenses of ¥44,260,335.51[12] - Net profit for the period was CNY 8,457,532.48, a decrease of 74.5% from CNY 33,100,074.49 in the previous year[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,640,622,056.87, an increase of 20.66% from the end of the previous year[3] - Total liabilities rose to CNY 1,558,777,695.79, up 36% from CNY 1,149,732,344.85 year-on-year[25] - The company's total equity reached CNY 1,081,844,361.08, up from CNY 1,038,667,763.54 year-on-year, indicating a growth of 4.2%[25] - The total number of ordinary shareholders at the end of the reporting period was 18,783, with significant shareholding by Fuzhou Bohong Investment Management Co., Ltd. at 25.36%[14] Cash Flow - Cash flow from operating activities for the year-to-date was ¥19,671,941.87, down 83.10% year-over-year[3] - The net cash flow from operating activities decreased by 83.10% to ¥19,671,941.87 from ¥116,397,050.53, primarily due to increased payments to employees[11] - The ending balance of cash and cash equivalents was CNY 142,943,960.90, down from CNY 328,890,658.72 at the end of Q3 2020[33] Investments and Expenses - Long-term equity investments increased by 195.28% to ¥101,802,513.06, attributed to new investments in subsidiaries[9] - Research and development expenses rose by 79.33% to ¥46,932,332.41 from ¥26,171,119.74, indicating a continuous increase in R&D investment[11] - Operating costs increased by 51.71% to ¥759,689,100.66 from ¥500,736,913.97, reflecting the growth in operating revenue[10] - Sales expenses increased by 41.77% to ¥31,114,320.30 from ¥21,947,724.02, reflecting the company's intensified market expansion efforts[10] - The company experienced a 97.95% rise in management expenses to ¥120,270,984.54 from ¥60,758,352.58, largely due to stock incentive plans and increased employee compensation[10] Shareholder Information - The company distributed a cash dividend of RMB 1.00 per share, totaling RMB 18,210,400.00 for the 2020 fiscal year[16] - The total equity attributable to the parent company is approximately CNY 1,023.46 million[38] - The total equity of minority shareholders amounts to CNY 15.20 million[38] Other Financial Metrics - The weighted average return on equity was 0.42%, a decrease of 0.27% compared to the previous year[3] - The company reported a significant increase in accounts payable, which rose to CNY 484,776,352.41 from CNY 239,781,080.50, an increase of 102.2% year-on-year[25] - The company has implemented new leasing standards affecting the balance sheet, resulting in adjustments to non-current liabilities[34] - The report for the third quarter has not been audited[38]

Financial Performance - The company achieved operating revenue of CNY 570,334,737.81, representing a 24.82% increase compared to the same period last year[21]. - Net profit attributable to shareholders was CNY 12,802,886.94, a decrease of 57.49% year-on-year[21]. - The net profit after deducting non-recurring gains and losses was CNY 2,982,782.33, down 87.04% from the previous year[21]. - The net cash flow from operating activities was CNY 16,188,191.62, a significant increase of 115.93% compared to the previous year[21]. - Total assets at the end of the reporting period were CNY 2,364,519,684.14, an increase of 8.05% from the end of the previous year[21]. - The company’s EPC engineering contracting revenue was CNY 41,820.22 million, up 29.20% year-on-year[29]. - The company’s net profit, excluding the impact of share-based payments, would have been CNY 38,570,000, reflecting a growth of 28.06% year-on-year[29]. - The company reported a total comprehensive income of ¥5,548,503.48, down from ¥27,389,464.59 in the same period last year[179]. - The company reported a net profit of 34,600,000 CNY for the first half of 2021, which is a decrease of 16.7% year-over-year[199]. Cash Flow and Investments - The net cash flow from operating activities improved by 115.93%, reaching ¥16,188,191.62, compared to a negative cash flow of -¥101,612,886.2 in the previous year[53]. - Cash inflow from financing activities decreased to ¥298,468,600.00 in the first half of 2021, down from ¥449,722,081.84 in the first half of 2020, reflecting a decline of approximately 33.6%[187]. - The net cash flow from financing activities was negative at ¥32,423,885.95 in the first half of 2021, compared to a positive cash flow of ¥148,678,318.16 in the same period of 2020[187]. - The company reported a significant increase in sales revenue from services, reaching ¥670,616,125.23 in the first half of 2021, compared to ¥439,249,084.44 in the first half of 2020, marking a growth of approximately 52.7%[185]. - The cash flow from investing activities showed a net outflow of ¥51,744,907.93 in the first half of 2021, worsening from a net outflow of ¥20,070,586.62 in the same period of 2020[187]. Research and Development - Research and development investment rose by 32.63% to ¥25,332,055.11, up from ¥19,099,999.25, reflecting the company's commitment to innovation[53]. - The company has developed 120 proprietary or co-developed patented technologies, with 17 patents authorized in the first half of 2021, showcasing its R&D capabilities[48]. - The company is actively developing energy storage technology, offering advanced integrated solutions across all business areas, including large-scale energy storage stations and microgrids[35]. - The company is committed to improving its research and development capabilities and market positioning in the energy sector[99]. Market and Business Strategy - The company is focused on expanding its market presence in Southeast Asia, Africa, and the Middle East, aligning with the Belt and Road Initiative[28]. - The company is focusing on high-return, strong-profitability clean energy and new energy project investments to enhance future profitability and create new profit growth points[38]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[180]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational capabilities[194]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[4]. - The company is actively managing risks associated with overseas projects by monitoring local political and economic conditions and enhancing execution capabilities[95]. - Investment risks are being addressed through a principle of prioritizing benefits and implementing strict management procedures for new projects[96]. - The company is enhancing project management systems to address risks related to project delays and quality control, aiming to improve overall project execution[94]. Corporate Governance - The board of directors and management confirm the accuracy and completeness of the financial report[3]. - The company did not distribute cash dividends or issue bonus shares for the half-year period[104]. - There were no significant lawsuits or arbitration matters during the reporting period, with only minor litigation involving an amount of 5.4519 million CNY[119]. - The company has not encountered any overdue or unrecoverable amounts in its entrusted financial management activities, maintaining a balance of 8.3 million RMB in bank financial products[83]. Employee and Social Responsibility - The total number of employees as of June 30, 2021, was 1,169, with 66% being production personnel and 48% holding engineer or higher titles[49]. - The company actively engaged in social responsibility initiatives, including volunteer activities and support for local poverty alleviation projects[110]. - The employee education and training platform project has been completed after delays due to the interrelation with the enterprise information platform project[77]. Shareholder Information - The company has 182,104,000 shares outstanding, with no changes during the reporting period[153]. - The largest shareholder, Fuzhou Bohong Investment Management Co., Ltd., holds 25.36% of the shares, amounting to 46,185,486 shares, with 9,500,000 shares pledged[155]. - The total number of ordinary shareholders at the end of the reporting period is 9,007[155]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[159].

Group 1: Event Details - The company will participate in the "2021 Annual Fujian Listed Companies Investor Online Reception Day" [1] - The event will be held on May 14, 2021, from 15:30 to 17:00 [1] - The online platform for the event is provided by Shenzhen Qianjing Network Co., Ltd. [1] Group 2: Participants - Attendees include the company's Chairman and General Manager, Mr. Lin Yiwen [1] - The Board Secretary, Mr. Lu Qingyi, will also be present [1] - The Chief Financial Officer, Mr. Zhang Shanchuan, will participate [1] Group 3: Investor Engagement - The event aims to enhance interaction and communication with investors [1] - Investors are encouraged to actively participate in the online event [1] - The company assures that the information disclosed is true, accurate, and complete [1]

Financial Performance - The company's operating revenue for Q1 2021 was ¥202,100,600.18, representing a 2.84% increase compared to ¥196,517,422.37 in the same period last year[8]. - The net profit attributable to shareholders was ¥8,629,457.02, up 5.08% from ¥8,212,417.82 year-on-year[8]. - Basic earnings per share increased to ¥0.0474, a rise of 5.10% from ¥0.0451 in the same period last year[8]. - The company reported a net profit of CNY 337,546,542.05, up from CNY 328,917,085.03, indicating a growth of approximately 2.0%[62]. - The total comprehensive income for the first quarter was CNY 4,165,534.40, down from CNY 6,407,877.91 in the same period last year, reflecting a decline of approximately 35%[70]. Cash Flow - The net cash flow from operating activities improved significantly to ¥81,750,744.58, compared to a negative cash flow of ¥150,120,303.88 in the previous year, marking a 154.46% increase[8]. - Total cash inflow from operating activities was ¥315,142,717.65, while cash outflow was ¥233,391,973.07, resulting in a net cash flow of ¥81,750,744.58[77]. - Cash and cash equivalents at the end of Q1 2021 amounted to ¥290,991,526.41, up from ¥49,272,329.09 at the end of the previous year[78]. - The company reported a net cash outflow from investing activities of ¥4,770,384.94, compared to a larger outflow of ¥6,018,807.69 in the previous year[78]. - The net increase in cash and cash equivalents for Q1 2021 was ¥59,872,792.74, contrasting with a decrease of ¥34,615,008.65 in the same period last year[78]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,250,522,150.03, reflecting a 2.84% increase from ¥2,188,400,108.39 at the end of the previous year[8]. - Current liabilities rose to CNY 1,195,588,492.25 from CNY 1,145,445,046.31, an increase of about 4.4%[61]. - Total liabilities increased to CNY 1,199,952,897.84 from CNY 1,149,732,344.85, an increase of about 4.4%[61]. - The total current assets as of March 31, 2021, amounted to RMB 1.91 billion, compared to RMB 1.84 billion at the end of 2020, showing an increase of approximately 3%[59]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,230[12]. - The largest shareholder, Fuzhou Bohong Investment Management Co., Ltd., held 25.36% of the shares, amounting to 46,185,486 shares[12]. - The company implemented the first phase of a restricted stock incentive plan, granting a total of 8.345 million shares to 282 recipients, representing 4.58% of the total share capital of 182.104 million shares, at a grant price of 12.08 CNY per share[40]. Investment and Projects - The company plans to enhance its capabilities in clean energy and energy storage, aligning with national carbon neutrality goals[25]. - The company aims to accelerate the development of a new energy system, focusing on renewable energy and smart energy solutions[26]. - The total contract amount for the Pingtan Strait Public Railway Bridge lighting project is approximately CNY 299.79 million, with the company's share estimated at CNY 240 million[28]. - The company signed a new EPC contract for the Hunan Yuanjiang Longtangou Wind Farm with a contract amount of CNY 427.51 million during the reporting period[32]. - The company is focusing on using reliable domestic software and hardware products to mitigate risks associated with international trade disputes[48]. Research and Development - Research and development expenses rose by 91.73% to 11.83 million yuan, indicating a sustained increase in R&D investment[21]. - The company has received high-tech enterprise certification, reinforcing its commitment to innovation and technology development[44]. - The company aims to enhance its design capabilities and R&D center, with a total investment commitment of 150.33 million CNY, of which 63.98% has been utilized[46]. Risk Management - The company is actively addressing risks related to accounts receivable management, project management, and overseas project execution to mitigate potential impacts on operations[33][34][35][36]. - The company emphasizes risk management in investment projects, focusing on pre-investment analysis and strict adherence to management procedures to mitigate potential risks[38]. - The company has faced integration risks from acquisitions, with a focus on post-investment management and cultural integration to ensure strategic alignment and risk control[39].

Dividend and Profit Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares to all shareholders, based on a total of 182,104,000 shares[6]. - The company proposed a cash dividend of RMB 1.00 per 10 shares, totaling RMB 18,210,400.00 (including tax), which represents 100% of the total profit distribution[144][146]. - The total distributable profit as of December 31, 2020, was RMB 328,917,085.03, after accounting for previous undistributed profits and cash dividends paid[144]. - The company maintained a consistent cash dividend policy over the past three years, with no changes to the profit distribution policy[145]. - The company’s profit distribution plan aligns with the guidelines from the China Securities Regulatory Commission to provide stable returns to investors[144]. - The company’s legal surplus reserve was RMB 11,282,627.98, which is 10% of the parent company's net profit[144]. - The company reported a cash dividend of CNY 18,210,400 for the year 2020, which represents 35.76% of the net profit attributable to ordinary shareholders[147]. - In 2019, the cash dividend was also CNY 18,210,400, accounting for 24.90% of the net profit attributable to ordinary shareholders[147]. - For 2018, the cash dividend amounted to CNY 14,008,000, which was 19.05% of the net profit attributable to ordinary shareholders[147]. Financial Performance - The company's operating revenue for 2020 was ¥980,439,090.50, a decrease of 31.93% compared to ¥1,440,375,320.79 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥50,918,935.37, down 30.38% from ¥73,142,052.32 in 2019[18]. - The net profit after deducting non-recurring gains and losses was ¥38,471,153.90, a decline of 42.20% from ¥66,558,602.44 in 2019[18]. - The total assets at the end of 2020 were ¥2,188,400,108.39, a decrease of 7.25% from ¥2,359,506,051.20 at the end of 2019[18]. - The net assets attributable to shareholders increased by 3.52% to ¥1,023,464,925.38 at the end of 2020, compared to ¥988,652,515.19 at the end of 2019[18]. - The company achieved a total revenue of ¥980,439,090.50 in 2020, representing a decrease of 31.93% compared to ¥1,440,375,320.79 in 2019[72]. - The company reported a net profit attributable to shareholders for the year 2020 was RMB 50,918,935.37, with the parent company achieving a net profit of RMB 112,826,279.82[143]. Market Presence and Expansion - The company is focused on expanding its market presence and enhancing its engineering consulting services[11]. - The company has a market presence across 30 provinces in China and several countries along the Belt and Road Initiative, including Southeast Asia, Africa, and the Middle East[26]. - The company aims to achieve over 1.2 billion kilowatts of installed capacity for wind and solar power by 2030 as part of China's energy transition goals[38]. - The company is actively seeking high-return, profitable, and cash flow-positive investment opportunities in clean energy and new energy projects to enhance future profitability[37]. - The company is focusing on enhancing its design capabilities through software procurement and technology upgrades[99]. Research and Development - The company has a leading position in offshore wind power design capabilities, with 39 patents and contributions to national standards in the energy sector[34]. - The company holds 106 patents, with 10 patents authorized in 2020, showcasing its R&D capabilities[49]. - Research and development expenses increased by 27.26% to approximately CNY 38.47 million, reflecting the company's commitment to innovation[88]. - The company increased R&D investment in offshore wind power, energy storage, smart energy, and integrated energy, achieving 10 patent authorizations and 12 provincial-level awards during the reporting period[89]. - The company has committed to ongoing research and development, with investments in new technologies and products aimed at enhancing operational efficiency and service offerings[200]. Risk Management and Corporate Governance - The report includes a risk warning regarding forward-looking statements related to future plans and strategies[5]. - The company is committed to maintaining high standards of corporate governance and transparency in its operations[10]. - The company emphasizes prudent investment strategies and risk analysis to ensure project profitability[134]. - The company is enhancing its receivables management to reduce risks associated with accounts receivable as business scales up[131]. - The company is focused on improving project management to mitigate risks related to project execution and delays[132]. Financial Management and Cash Flow - The net cash flow from operating activities improved to ¥82,988,060.44, compared to a negative cash flow of ¥608,351,781.88 in 2019, marking a 113.64% increase[18]. - The company reported a net increase in cash and cash equivalents of ¥120,794,540.37, compared to a net decrease of ¥205,313,262.52 in the previous year[92]. - The company received government subsidies and tax reductions amounting to ¥15,776,896.24, contributing to 26.84% of total profit[96]. - The company’s cash and cash equivalents decreased to CNY 144,704,777.30 from CNY 183,969,661.81[102]. - The company has a balance of RMB 58,000,000 in idle raised funds, which is intended to supplement working capital[113]. Strategic Initiatives and Future Outlook - The company aims to achieve a revenue of 1.7 billion yuan and a net profit attributable to shareholders of 87 million yuan for 2021[129]. - The company is focusing on the "new energy + energy storage" and integrated smart energy sectors for technological innovation and system integration[128]. - The company plans to enhance its core competitiveness by increasing R&D investment in the new energy and energy storage fields[128]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge and diversify its service offerings in the energy sector[200]. - The company expects revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[156]. Compliance and Commitments - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[149]. - The company has established measures to automatically extend the lock-up period if the stock price falls below the issuance price during the specified time[149]. - The company has committed to not engaging in any competitive business activities that may affect its operations[151]. - The company has outlined a plan for addressing any overdue commitments, although none are currently applicable[161]. - The company has established a framework for accountability among its directors and senior management regarding their commitments[161].

福建永福电力设计股份有限公司 2020 年第三季度报告 2020-080 2020 年 10 月 福建永福电力设计股份有限公司2020 年第三季度报告 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。 公司负责人林一文、主管会计工作负责人张善传及会计机构负责人(会计主 管人员)张玉科声明：保证季度报告中财务报表的真实、准确、完整。 1 福建永福电力设计股份有限公司2020 年第三季度报告 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） | 2,455,403,587.59 | | 2,359,506,051.20 | 4.06% | | 归属于上市公司股东的净资产 （元） | 1,009,585,130.39 | | 988,652,515.19 | 2.1 ...

Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2020, representing a year-on-year increase of 15% compared to RMB 87 million in the same period of 2019[14]. - The net profit attributable to shareholders for the first half of 2020 was RMB 20 million, up 10% from RMB 18 million in the same period last year[14]. - The company's operating revenue for the reporting period was ¥456,926,613.59, a decrease of 20.27% compared to the same period last year[20]. - The net profit attributable to shareholders was ¥30,117,565.45, down 28.59% year-on-year[20]. - The net profit after deducting non-recurring gains and losses was ¥23,022,916.53, reflecting a decline of 43.86% compared to the previous year[20]. - The company achieved operating revenue of 456.93 million yuan, a decrease of 20.27% compared to the previous year[73]. - Operating costs fell by 25.93% year-on-year to approximately 341.51 million yuan[88]. - The company reported a net cash inflow of 26.49 million yuan, a significant improvement compared to a net outflow of 144.24 million yuan in the previous year[89]. Market Expansion and Strategy - The company plans to expand its market presence by increasing its project bidding activities, targeting a 20% increase in successful bids by the end of 2020[14]. - The company aims to expand its market presence in overseas markets and offshore wind power, leveraging its business model advantages[30]. - The company is actively exploring potential mergers and acquisitions to strengthen its market position and expand its service portfolio[14]. - The company plans to increase market expansion efforts in the second half of the year, particularly in the fields of new energy and charging stations[78]. Research and Development - The company has invested RMB 5 million in research and development for new energy technologies, aiming to launch two new products by the end of 2021[14]. - The company is focusing on developing smart energy solutions, including digital power and energy management systems, with plans to increase R&D investment in areas like network security and digital offshore wind power[30]. - The company has a strong R&D team, with 48% of employees holding engineer or higher titles, contributing to its innovation capabilities[66]. - The company has independently or collaboratively developed 100 patent technologies, with 4 patents authorized in the first half of 2020[67]. - The company has established a digital design technology that allows for three-dimensional collaborative design across all business areas, enhancing engineering quality and providing digital twin products[63]. Project Management and Operations - The company is focusing on enhancing its EPC (Engineering, Procurement, and Construction) capabilities to improve project delivery efficiency[11]. - The company has completed over 10 power source planning consultations and more than 500 project feasibility studies, showcasing its extensive experience in power planning consulting[31]. - The company has completed a significant number of EPC projects in clean energy, including solar power and charging stations, contributing to its robust economic performance[40]. - The company has undertaken offshore wind power design projects with a total installed capacity exceeding 4,800 MW, ranking among the top in the domestic offshore wind power design field[64]. Financial Management and Investments - The company has a restricted cash balance of ¥221,877,108.57, which includes guarantees for bank letters and acceptance bills[100]. - The company has committed to invest RMB 11,250,000.00 in the design capability enhancement and R&D center construction project, with a completion rate of 48.43%[110]. - The company has not utilized any of the raised funds for non-business urgent needs, ensuring all funds are directed towards committed projects[111]. - The company has engaged in derivative investments totaling 9,000 million, with a reported loss of 704.4 million during the reporting period[118]. Risk Management - The company has identified key risks related to market competition and regulatory changes, which may impact future performance[5]. - The ongoing COVID-19 pandemic poses risks to the company's domestic and international contracting business, but short-term impacts on performance are not expected to be significant[123]. - The company is enhancing its accounts receivable management to mitigate risks associated with potential customer defaults[125]. - The company is committed to prudent investment practices and enhancing risk control mechanisms for new projects[128]. Shareholder and Corporate Governance - The company did not distribute cash dividends or bonus shares for the first half of 2020, nor did it increase capital stock from capital reserves[134]. - The company held two temporary shareholder meetings in the reporting period, with investor participation rates of 56.89% and 56.94% respectively[133]. - The company completed the first phase of its employee stock ownership plan, acquiring a total of 1,891,979 shares, which accounted for 1.0390% of the total share capital[142]. - The company reported no significant litigation or arbitration matters during the reporting period[138].