Financial Performance - The company's revenue for Q3 2022 reached ¥172,765,251.77, representing a 70.07% increase compared to the same period last year[5]. - Net profit attributable to shareholders was ¥39,256,327.66, up 20.88% year-on-year, while the net profit after deducting non-recurring gains and losses decreased by 17.05% to ¥24,735,534.21[5]. - The company reported a significant increase in operating income, which reached ¥591,984,361.51, a 43.04% growth year-on-year[9]. - Total operating revenue for the current period reached ¥591,984,361.51, a significant increase from ¥413,864,504.91 in the previous period, representing a growth of approximately 43.1%[28]. - Total operating costs amounted to ¥461,510,805.96, up from ¥312,512,088.69, indicating a rise of about 47.7%[28]. - Net profit for the current period was ¥127,360,722.30, compared to ¥106,189,322.67 in the previous period, reflecting an increase of approximately 19.9%[29]. - The company achieved a total profit of ¥132,945,308.56, up from ¥117,765,809.04, indicating an increase of approximately 12.5%[29]. - Basic earnings per share increased to ¥0.29 from ¥0.27, marking a growth of 7.4%[29]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,506,817,748.40, reflecting a 25.79% increase from the end of the previous year[5]. - As of September 30, 2022, the total assets of the company reached CNY 2,506,817,748.40, an increase from CNY 1,992,873,198.21 at the beginning of the year, representing a growth of approximately 25.8%[24]. - Total liabilities increased to CNY 899,763,641.85 from CNY 537,949,589.64, reflecting a growth of approximately 67.2%[24]. - The total equity attributable to shareholders rose to CNY 1,474,774,505.84 from CNY 1,437,943,966.25, showing an increase of about 2.6%[24]. - The company's non-current assets totaled CNY 879,730,323.35, slightly up from CNY 836,841,560.58, indicating a growth of approximately 5.1%[23]. Cash Flow - The company's operating cash flow net amount for the year-to-date was ¥15,468,676.41, indicating a significant improvement in cash management[9]. - Cash flow from operating activities generated a net amount of ¥15,468,676.41, a turnaround from a negative cash flow of ¥211,903,557.20 in the previous period[30]. - Cash inflow from investment activities totaled ¥2,011,880,996.69, compared to ¥1,681,992,923.00 in the previous period, showing an increase of about 19.6%[30]. - Cash flow from financing activities resulted in a net inflow of ¥8,547,268.00, down from ¥150,017,193.98 in the previous period[32]. - The company reported a decrease in cash and cash equivalents at the end of the period to ¥126,965,070.69 from ¥199,386,971.36, a decline of approximately 36.1%[32]. - The company's cash and cash equivalents increased to CNY 181,429,260.25 from CNY 161,243,300.46, reflecting a growth of about 12.5%[23]. Receivables and Inventory - Accounts receivable increased by 55.85% to ¥469,098,603.78, primarily due to increased revenue leading to higher receivables[9]. - Accounts receivable rose significantly to CNY 469,098,603.77, up from CNY 301,003,074.22, indicating a growth of approximately 55.8%[23]. - Inventory surged by 171.77% to ¥208,742,936.28, driven by project performance progress and acquisitions[9]. - Inventory levels increased to CNY 208,742,936.28 from CNY 76,807,932.82, marking a substantial rise of around 172.5%[23]. - Contract assets rose by 339.68% to ¥263,676,222.41, attributed to increased contract performance progress[9]. - The company reported a significant increase in contract assets, which rose to CNY 263,676,222.41 from CNY 59,969,803.75, representing a growth of about 339.5%[23]. Shareholder Structure - The major shareholders include Qian Qiuhong with 43.38% and Zhang Jianfei with 14.93% of shares[12]. - The company reported a total of 177,338,104 shares held by Qian Qiuhong, representing the largest individual stake[12]. - Tianjin Renai Zhiheng holds 14,000,000 shares, accounting for 3.42% of the total shares[12]. - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder alone holding over 43%[12]. - There were no changes in the number of restricted shares during the reporting period, with all previously restricted shares being released[16]. - The company has a total of 19,277,978 shares held by Qian Niu Environmental (Ningxia) Equity Investment Partnership, representing a substantial investment[16]. - The report indicates that there are no shareholders participating in margin trading activities[14]. - The company has a clear ownership structure with Qian Qiuhong, Zhang Jianfei, and Qian Siying being identified as the common actual controllers[14]. - The report does not provide specific financial performance metrics or future guidance, focusing instead on shareholder structure and equity distribution[18]. Research and Development - Research and development expenses increased to ¥17,286,419.46 from ¥14,252,216.72, reflecting a growth of about 21.3%[28]. Acquisitions and Expansion - The company completed the acquisition of a 51% stake in Beijing Jingrun Environmental Technology Co., Ltd. for CNY 15 million, enhancing its control over the company[21]. - The company established a new branch in Ma'anshan, Anhui Province, to expand its operational footprint[20]. Financial Challenges - Financial expenses saw a dramatic rise of 1990.29%, primarily due to unrecognized financing income from long-term receivables[9].

Financial Performance - The company reported a total revenue of 500 million, representing a year-on-year increase of 15%[1] - The net profit for the first half of 2022 was 80 million, up 20% compared to the same period last year[1] - The company's operating revenue for the reporting period was ¥419,219,109.74, representing a 34.25% increase compared to ¥312,277,412.35 in the same period last year[22] - Net profit attributable to shareholders was ¥79,326,943.93, up 9.88% from ¥72,195,549.33 year-on-year[22] - The company achieved operating revenue of 419.22 million yuan, an increase of 34.25% year-on-year, and a net profit attributable to shareholders of 79.33 million yuan, up 9.88% year-on-year[39] - The company reported a total profit of ¥94,036,653.47 for the first half of 2022, up from ¥84,509,378.24 in the previous year, marking a growth of 8.9%[163] - The company reported a net profit of 72.195 million yuan for the current period, which is an increase from 72.665 million yuan in the previous period[180] User and Market Growth - User data showed an increase in active users to 1.2 million, a growth of 25% year-on-year[1] - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[1] - The company is actively expanding into new service areas such as hydrogen energy and photovoltaic sectors, aiming for sustainable growth in industrial wastewater treatment[43] Research and Development - The company has invested 10 million in R&D for new technologies aimed at improving operational efficiency[1] - The company plans to continue increasing R&D investment and expanding its R&D team to optimize product functions and enhance after-sales service[47] - Research and development expenses rose by 34.54% to ¥12,165,135.38, driven by increased investment in R&D to support business expansion[61] - The company holds a total of 44 invention patents and 106 utility model patents, focusing on customized solutions for industrial wastewater treatment[42] Financial Stability and Risks - There are no significant risks identified that could adversely affect the company's financial stability[4] - The company faces risks related to high customer concentration, primarily relying on large projects in the petrochemical and coal chemical sectors[91] - The company acknowledges potential investment project risks due to changes in national policies and market conditions, which could delay project timelines[93] - The company is experiencing management risks due to the expansion of its business and scale, which requires higher management standards[94] Cash Flow and Investments - The net cash flow from operating activities improved significantly to -¥14,037,266.32, a 90.23% increase from -¥143,637,278.52 in the previous year[22] - The company reported a net cash flow from investment activities of ¥27,777,422.25, a significant improvement from -¥177,625,948.12 in the previous year[62] - The company reported a significant increase in contract assets, which rose to ¥239,219,204.11 from ¥59,969,803.75, representing a growth of about 298.5%[155] Environmental and Compliance - The company has established and is operating pollution prevention facilities that meet national standards[104] - The company has completed environmental impact assessments and holds the necessary environmental protection permits[105] - The company has implemented self-monitoring schemes for environmental compliance, ensuring online monitoring of pollution sources[106] - The company reported no administrative penalties related to environmental issues during the reporting period[107] Shareholder and Capital Structure - The total number of shares is 408,763,660, with 90.61% held under limited conditions and 9.39% under unrestricted conditions[139] - The largest shareholder, Qian Qiuhong, holds 43.38% of the shares, totaling 177,338,104 shares[141] - The company has not issued any bonds during the reporting period[150] - The company has not reported any changes in the shareholding of directors, supervisors, and senior management during the reporting period[144] Future Outlook - Future guidance indicates a projected revenue growth of 10% for the second half of 2022[1] - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[157] - The overall financial health remains stable with no reported losses or significant liabilities[177]

Financial Performance - The company reported a total revenue of 500 million, representing a year-on-year increase of 15%[1] - The net profit for the first half of 2022 was 80 million, up 20% compared to the same period last year[1] - The company's operating revenue for the reporting period was ¥419,219,109.74, representing a 34.25% increase compared to ¥312,277,412.35 in the same period last year[22] - Net profit attributable to shareholders was ¥79,326,943.93, up 9.88% from ¥72,195,549.33 year-on-year[22] - The company achieved operating revenue of 419.22 million yuan, a year-on-year increase of 34.25%, and a net profit attributable to shareholders of 79.33 million yuan, up 9.88% from the previous year[39] - The company reported a net profit of ¥86,955,163.65, representing a 17.5% increase from ¥74,032,722.63 in the first half of 2021[167] - The total comprehensive income for the period was CNY 45,459,501.89 million, compared to CNY 55,206,895.96 million, a decline of 17.6%[172] - The total comprehensive income for the first half of 2022 was approximately 326.94 million yuan, reflecting a year-on-year increase of 3.9%[180] User Growth and Market Expansion - User data showed an increase in active users to 1.2 million, a growth of 25% year-on-year[1] - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[1] - The company is actively pursuing mergers and acquisitions to enhance its technological capabilities and market share, targeting a 10% increase in operational efficiency through these strategies[180] - Future guidance estimates a revenue growth of 10-15% for the next quarter[1] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[162] Research and Development - The company has invested 10 million in R&D for new technologies aimed at improving operational efficiency[1] - Research and development expenses rose by 34.54% to ¥12,165,135.38, driven by increased investment in R&D to support business expansion[62] - The company holds a total of 44 invention patents and 106 utility model patents, focusing on customized solutions for industrial wastewater treatment[42] - The company aims to increase R&D investment to contribute to national energy strategies in the future[49] - Research and development expenditures are projected to rise to 1.5 billion yuan, representing a 15% increase aimed at innovation in product offerings[180] Financial Stability and Risks - There are no significant risks identified that could adversely affect the company's financial stability[4] - The company faces risks related to customer concentration, as its major clients are large-scale projects in the petrochemical and coal chemical sectors, which could impact operational performance[92] - The company is also at risk of high accounts receivable balances due to long project cycles and varying settlement terms, which could affect cash flow[93] - The company has not reported any significant changes in the feasibility of its fundraising investment projects during the reporting period[79] Operational Efficiency - The company has enhanced its capital structure through its IPO on the Shenzhen Stock Exchange, which has improved its core competitiveness and risk resilience[46] - The company has achieved a significant reduction in operating costs for zero discharge projects, decreasing from 100 RMB/ton internationally to 11 RMB/ton[49] - The company has successfully produced 110,000 tons of industrial-grade first-class salt annually from its large-scale zero discharge crystallization project, which is recognized as a benchmark project in the industry[49] - The company has a robust order backlog, indicating that operational activities are currently proceeding normally[96] Environmental Compliance and Social Responsibility - The company has established and is operating pollution control facilities that meet national standards[106] - The company has completed environmental impact assessments and holds the necessary environmental protection permits[107] - The company has developed emergency response plans for environmental incidents, outlining procedures and measures for emergency management[108] - The company actively participates in social responsibility initiatives and community service activities[111] Shareholder Information - The total number of shares is 408,763,660, with 90.61% held by domestic investors and 9.39% held by unrestricted shares[142] - The largest shareholder, Quan Qiuhong, holds 43.38% of the shares, totaling 177,338,104 shares[144] - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, by improving corporate governance and internal control systems[111] Future Outlook - The company plans to launch three new products in the upcoming quarter, which are expected to contribute an additional 5% to overall revenue[180] - The management has set a performance guidance of 30 billion yuan in revenue for the next half-year, indicating a growth target of 4%[180] - The company plans to continue investing in new product development and market expansion strategies to drive future growth[167]

Financial Performance - The company's operating revenue for Q1 2022 was ¥157,876,799.06, representing a 41.09% increase compared to ¥111,894,654.52 in the same period last year[4] - The net profit attributable to shareholders for Q1 2022 was ¥37,165,293.64, a 37.51% increase from ¥27,028,202.51 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥36,992,488.61, up 39.33% from ¥26,550,690.52 in the previous year[4] - Basic earnings per share increased to ¥0.09, a rise of 23.67% from ¥0.07 in the previous year[4] - The total operating revenue for the current period is CNY 157,876,799.06, an increase from CNY 111,894,654.52 in the previous period, representing a growth of approximately 41.1%[25] - The net profit for the current period is CNY 36,528,570.22, compared to CNY 27,882,598.84 in the previous period, reflecting an increase of approximately 30.9%[26] - The basic earnings per share for the current period is CNY 0.09, up from CNY 0.07 in the previous period, indicating an increase of approximately 28.6%[27] Cash Flow - The net cash flow from operating activities improved significantly to ¥6,965,476.61, compared to a negative cash flow of ¥126,974,639.58 in the same period last year, marking a 105.49% increase[4] - The net cash flow from operating activities is CNY 6,965,476.61, a significant improvement from a net outflow of CNY 126,974,639.58 in the previous period[30] - The cash inflow from operating activities totaled CNY 128,533,899.83, compared to CNY 49,589,008.01 in the previous period, marking an increase of approximately 158.5%[30] - The net increase in cash and cash equivalents was 94,810,265.39, contrasting with a decrease of 568,555,835.54 in the previous year[31] - The ending balance of cash and cash equivalents was 225,779,435.24, up from 20,358,898.33 year-over-year[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,093,709,600.99, reflecting a 5.06% increase from ¥1,992,873,198.21 at the end of the previous year[4] - Current assets amounted to CNY 1,243,277,450.32, up from CNY 1,156,031,637.63 at the start of the year, reflecting a growth of approximately 7.5%[20] - Non-current assets totaled CNY 850,432,150.67, slightly up from CNY 836,841,560.58, showing a marginal increase of about 1.1%[21] - The total liabilities decreased from CNY 537,949,589.64 to CNY 511,957,422.20, a reduction of approximately 4.8%[24] - The total liabilities included accounts payable of CNY 279,701,858.74, which decreased from CNY 282,438,363.22, indicating a reduction of about 1.0%[21] Research and Development - Research and development expenses for Q1 2022 were ¥5,462,059.01, a significant increase of 96.61% compared to ¥2,778,186.45 in the same period last year, driven by increased orders[10] - Research and development expenses for the current period amount to CNY 5,462,059.01, which is an increase from CNY 2,778,186.45 in the previous period, showing a growth of about 96.5%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,606, with the largest shareholder holding 43.38% of the shares[12] - The company has a total of 2,497,785 restricted shares, all of which were released during the reporting period[16] - The top ten unrestricted shareholders hold a total of 6,642,600 shares, representing 1.63% of the total shares[14] Other Financial Metrics - The company reported a 49.79% increase in operating costs, amounting to ¥103,842,329.72, up from ¥69,324,856.43 year-on-year, primarily due to business scale expansion[10] - The investment income for the current period is CNY 199,085.68, down from CNY 987,827.21 in the previous period, reflecting a decrease of about 79.9%[25] - The company did not undergo an audit for the first quarter report[33] - The report was presented by the board of directors on April 20, 2022[34]

Financial Performance - The company's operating revenue for 2021 was CNY 712,769,872.44, representing a 22.78% increase compared to CNY 580,530,378.99 in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 174,421,845.73, up 16.75% from CNY 149,400,343.66 in 2020[17]. - The net profit after deducting non-recurring gains and losses was CNY 166,227,323.41, reflecting a 21.44% increase from CNY 136,883,189.28 in 2020[17]. - The total assets at the end of 2021 amounted to CNY 1,992,873,198.21, a 20.89% increase from CNY 1,648,538,208.50 at the end of 2020[17]. - The net assets attributable to shareholders increased by 28.84% to CNY 1,437,943,966.25 from CNY 1,116,089,383.49 in 2020[17]. - The basic earnings per share for 2021 were CNY 0.45, a 9.76% increase from CNY 0.41 in 2020[17]. - The weighted average return on net assets was 14.49%, slightly up from 14.01% in 2020[17]. - The net cash flow from operating activities was negative CNY 92,487,262.76, a significant decrease of 167.12% compared to CNY 137,802,015.48 in 2020[17]. - The company achieved operating revenue of 712.77 million yuan, an increase of 22.78% compared to the previous year, and a net profit attributable to shareholders of 174.42 million yuan, up 16.75% year-on-year[56]. - Total assets reached 1.99 billion yuan, growing by 20.89% year-on-year, while net assets attributable to shareholders increased by 28.84% to 1.44 billion yuan[56]. Cash Flow and Investments - The operational management contracts typically last between 1 to 3 years, while investment projects under BOT and PPP models can span 5 to 30 years[43]. - Operating cash inflow totaled ¥579,413,629.11, a 14.84% increase year-over-year, while cash outflow surged by 83.21% to ¥671,900,891.87, resulting in a net cash flow deficit of ¥92,487,262.76[81]. - Investment activities generated a net cash outflow of ¥512,421,350.79, a significant decrease of 571.63% compared to the previous year[82]. - Financing activities saw a substantial increase in cash inflow to ¥146,963,049.53, up 1,030.41% from ¥13,000,868.33 in 2020, primarily due to IPO fundraising[82]. - The company's cash and cash equivalents decreased by ¥457,945,564.02, marking a 321.93% decline from the previous year[82]. - The company reported an investment amount of CNY 153,800,950.91 for the current period, representing a 169.74% increase compared to CNY 57,017,887.61 in the same period last year[94]. - The company has completed investments in two projects, with one project in Inner Mongolia having an investment of CNY 39.20 million and another project with an investment of CNY 960.0 million[94]. Market Position and Strategy - The company is positioned in the wastewater resource utilization and deep treatment industry, which is supported by national policies aimed at improving water environment governance[28]. - The company aims to enhance its market presence by leveraging its proprietary technologies for high-salinity wastewater treatment and efficient reuse processes[32]. - The industrial wastewater recycling implementation plan aims for a 94% reuse rate by 2025, indicating a growing market opportunity for the company[31]. - The company has a focus on expanding its operations in line with national strategies for ecological civilization and carbon neutrality[30]. - The company is expanding into new markets such as hydrogen energy and photovoltaic sectors, aiming for sustainable growth and technological leadership in industrial wastewater treatment[34]. - The company plans to continue expanding into new markets such as hydrogen energy and photovoltaic sectors, aiming for sustainable growth[56]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach[139]. Research and Development - The company reported a total of 40 invention patents and 95 utility model patents, highlighting its commitment to research and development[32]. - The company has a strong focus on R&D, with over 100 technical team members, accounting for 25.94% of total staff, and has applied for 13 new invention patents in 2021[57]. - The total R&D investment in 2021 was ¥19,883,037.61, representing 2.79% of operating revenue, a slight decrease from 2.93% in 2020[79]. - The number of R&D personnel increased to 117, up by 18.18% from 99 in the previous year, with a higher proportion of master's degree holders increasing by 36.36%[79]. - The company is developing wastewater treatment technologies aimed at achieving zero discharge, with ongoing pilot projects for industrial wastewater treatment[77]. - The company has completed technical validation for various wastewater treatment technologies, including ozone oxidation and membrane concentration techniques, to enhance industrial wastewater processing[78]. Governance and Compliance - The company is committed to improving governance and transparency, ensuring compliance with regulatory requirements to protect investor interests[60]. - The company has established a comprehensive internal control system, with no significant deficiencies reported during the period[164]. - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, by continuously improving corporate governance and internal control systems[173]. - The company has established a transparent performance evaluation and incentive mechanism for senior management[121]. - The company maintains complete operational independence from its controlling shareholders, ensuring independent decision-making and self-sustaining operations across procurement, production, sales, and R&D[122]. - The company has established a fully independent asset structure, including production systems, land use rights, and equipment, with clear ownership separation from shareholders[123]. Environmental Responsibility - The company has established and operated pollution prevention facilities, achieving compliance with national standards for wastewater discharge[171]. - The company is classified as a key pollutant discharge unit by environmental protection authorities, highlighting its commitment to environmental responsibility[171]. - The company has developed emergency response plans for environmental incidents, outlining procedures and measures for effective management[176]. - The company has implemented self-monitoring schemes for environmental compliance, in line with national standards[176]. - There were no administrative penalties due to environmental issues during the reporting period[176]. Employee and Management - The company has a total of 451 employees, with 255 in production, 130 in technical roles, and 31 in sales[158]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 582.97 million[145]. - The company has focused on enhancing employee satisfaction and providing more promotion opportunities as part of its compensation policy[159]. - The company has a stable management team with no significant changes in shareholding among key executives[127][128]. Future Outlook - The company provided guidance for 2022, projecting a revenue growth of 20% to 1.8 billion[191]. - New product launches included a flagship product that contributed 200 million in sales within the first quarter of its release[191]. - The company plans to invest 100 million in R&D for new technologies aimed at enhancing user experience[191]. - The company is committed to sustainability initiatives, with plans to reduce carbon emissions by 15% by 2025 as part of its corporate social responsibility strategy[181].

Financial Performance - The company's operating revenue for Q3 2021 was ¥101,587,092.56, a decrease of 18.28% compared to the same period last year[3] - Net profit attributable to shareholders for the same period was ¥32,475,061.00, an increase of 16.75% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.09, reflecting a growth of 12.58% compared to the previous year[4] - Total revenue for the current period reached ¥413,864,504.91, a significant increase from ¥292,514,944.19 in the previous period, representing an increase of approximately 41.5%[20] - Net profit for the current period was ¥11,576,486.37, compared to ¥8,085,118.34 in the previous period, reflecting an increase of approximately 43.5%[21] - Basic earnings per share for the current period were ¥0.27, compared to ¥0.19 in the previous period, reflecting an increase of approximately 42.1%[22] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,812,369,326.20, representing a 9.94% increase from the end of the previous year[4] - The company's total assets amounted to ¥1,812,369,326.20, up from ¥1,648,538,208.50, marking a growth of about 9.9%[19] - Total liabilities decreased to ¥427,082,826.21 from ¥516,458,975.26, a reduction of approximately 17.3%[19] - The company’s total equity attributable to shareholders increased by 22.55% to ¥1,367,777,937.90 compared to the end of the previous year[4] - The equity attributable to the parent company increased to ¥1,367,777,937.90 from ¥1,116,089,383.49, representing a growth of about 22.5%[19] Cash Flow - The net cash flow from operating activities was reported at -¥211,903,557.20, indicating a significant decline of 1,473.59%[3] - Cash inflow from operating activities totaled $177.34 million, a decrease of 22.3% compared to $228.26 million in the previous period[24] - Cash outflow from operating activities increased significantly to $389.25 million, up 83.0% from $212.83 million in the prior period[24] - Net cash flow from operating activities was negative at -$211.90 million, compared to a positive $15.43 million in the previous period[24] - The ending cash and cash equivalents balance was $199.39 million, a substantial increase from $27.28 million in the previous period[25] Research and Development - Research and development expenses for the period were ¥14,252,216.72, marking a 90.04% increase due to higher investment in R&D[9] - Research and development expenses rose to ¥14,252,216.72 from ¥7,499,537.93, indicating an increase of approximately 89.5%[20] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 103.59% to ¥223,819,885.76, attributed to increased project scale[9] - Accounts receivable increased to RMB 277.839 million as of September 30, 2021, compared to RMB 263.805 million at the end of 2020[17] - The company’s prepayments increased to RMB 35.761 million from RMB 18.402 million at the end of 2020[17] - Other receivables stood at RMB 6.055 million as of September 30, 2021, compared to RMB 5.735 million at the end of 2020[17] Investment Activities - The company reported an investment income of ¥5,026,166.72, down from ¥8,084,758.16, indicating a decrease of approximately 37.9%[20] - Cash inflow from investment activities amounted to $1.68 billion, an increase of 8.2% from $1.55 billion in the prior period[25] - Cash outflow from investment activities rose to $2.01 billion, up 6.2% from $1.89 billion in the previous period[25] - Net cash flow from investment activities was negative at -$327.64 million, slightly improved from -$337.61 million in the prior period[25] Financing Activities - The company completed its initial public offering of 40,876,366 shares of common stock, with total shares outstanding reaching 408,763,660 as of August 4, 2021[13] - As of September 30, 2021, the company had raised a total of RMB 999.981132 million from the IPO, with a remaining balance of RMB 150.27435782 million in the fundraising account[13] - Cash inflow from financing activities was $160.20 million, compared to $10.00 million in the previous period[25] - Cash outflow from financing activities decreased to $10.18 million from $43.10 million in the prior period[25] - Net cash flow from financing activities was positive at $150.02 million, a significant improvement from -$33.10 million in the previous period[25]

Financial Performance - The company reported a total revenue of 100 million RMB for the first half of 2021, representing a year-on-year increase of 20%[18]. - The net profit attributable to shareholders reached 15 million RMB, up 25% compared to the same period last year[18]. - The company's operating revenue for the current reporting period reached ¥312,277,412.35, representing an increase of 85.65% compared to the same period last year[25]. - The net profit attributable to shareholders was ¥72,195,549.33, reflecting an increase of 83.84% year-over-year[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥70,018,694.93, which is an increase of 111.98% compared to the previous year[25]. - The basic earnings per share increased to ¥0.20, up 81.82% from ¥0.11 in the same period last year[26]. - The company reported a significant decline in net cash flow from operating activities, which was -¥143,637,278.52, a decrease of 4,647.70% compared to the previous year[25]. - The company reported a net profit of 9,205,419.26 for the period, with a revenue of 118,561,130, indicating a strong performance in its water treatment projects[78]. - The company reported a net profit of ¥83,825,193.75 for the first half of 2021, compared to a net profit of ¥36,342,882.86 in the same period of 2020, reflecting a 130.5% increase[163]. - The total comprehensive income for the first half of 2021 was CNY 74,032,722.63, compared to CNY 39,899,331.86 in the first half of 2020, reflecting an increase of about 85.5%[165]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[18]. - The company is actively pursuing potential acquisitions to bolster its service offerings and expand its operational footprint[18]. - The company is actively pursuing new strategies to expand its market presence and enhance its product offerings[112]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth momentum in the upcoming quarters[163]. - The company plans to expand its market presence by launching new products in the second half of the year[181]. Research and Development - New product development includes a zero-emission wastewater treatment technology, expected to launch in Q4 2021[18]. - The company has initiated a strategic partnership with a leading environmental technology firm to enhance R&D capabilities[18]. - Research and development expenses rose by 91.61% to ¥9,042,301.92, reflecting the company's increased investment in technology development as business scale expanded[59]. - As of the report date, the company holds 33 invention patents and 95 utility model patents, showcasing its strong R&D and innovation capabilities[50]. - The company has allocated 1.00 million for research and development of new technologies in the upcoming fiscal year[182]. Operational Efficiency and Technology - The company has been focusing on water treatment solutions, particularly in wastewater resource utilization and advanced water treatment technologies[34]. - The company leverages its core technology and project experience to provide integrated water treatment solutions, including design, equipment manufacturing, and project construction[42]. - The company has developed core technologies for high-salinity wastewater treatment and efficient water reuse, reinforcing its competitive edge[50]. - The company has established a professional manufacturing base for water treatment equipment, including ultrafiltration, reverse osmosis, and dosing devices[40]. - The company provides operation management services through BOT and PPP models, with contract cycles generally ranging from 1 to 3 years for management services and 5 to 30 years for investment projects[43]. Legal and Compliance Issues - The company is involved in a legal dispute with Shandong Tianyuan Thermal Power Co., claiming a payment of 2.89 million CNY and interest, with a counterclaim of 3,898,610 CNY for overdue project completion[110]. - The company has been ordered by the Ordos Intermediate People's Court to pay 2,673,648 CNY in project payments and corresponding interest to Dongju Construction Co., Ltd.[111]. - The company has filed for a retrial regarding a previous court decision, indicating ongoing legal challenges[111]. - The company is involved in ongoing litigation regarding a contract dispute, with a claim amounting to 684,778 yuan plus interest[112]. - The company has reported no significant impact from the ongoing legal matters on its financial performance[112]. Environmental and Regulatory Compliance - The company has established and is operating pollution control facilities that meet national standards, with stable operation since their implementation[100]. - There were no administrative penalties due to environmental issues during the reporting period[100]. - The company has maintained stable management and operational procedures for its pollution control measures, ensuring compliance with environmental regulations[100]. Financial Position and Assets - The total assets of the company as of June 30, 2021, amounted to 500 million RMB, reflecting a 10% increase from the previous year[18]. - The total assets at the end of the reporting period were ¥1,692,639,894.43, a growth of 2.68% from the end of the previous year[26]. - The company's cash and cash equivalents decreased by 5.28% to -¥321,263,226.64, indicating a reduction in cash flow from financing activities[60]. - The company's total assets as of June 30, 2021, amounted to ¥1,553,290,488.03, compared to ¥1,428,367,742.84 at the end of 2020, marking an 8.7% increase[160]. - The total liabilities at the end of the period were 6,610 million, indicating a reduction of 2.5% from the previous year[182]. Shareholder Information - The company’s stock code is "300774" and the stock is traded under the name "Beijete" on the Shenzhen Stock Exchange[132]. - The largest shareholder, Quan Qiuhong, holds 48.20% of shares, totaling 177,338,104 shares[140]. - The total number of common shareholders at the end of the reporting period is 56[140]. - Beijete Group Co., Ltd. successfully completed its initial public offering of 40,876,366 shares, with the stock officially listed on the Shenzhen Stock Exchange on August 4, 2021, bringing the total shares to 408,763,660[132]. Future Outlook - Future guidance estimates a revenue growth of 25% for the full year 2021, driven by increased demand for environmental services[18]. - The company is positioned to benefit from national policies aimed at environmental protection and carbon neutrality, expanding its market opportunities[47]. - The company is committed to enhancing its project management capabilities to maintain its competitive edge in the water treatment industry[80].