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].