证券代码：300779 证券简称：惠城环保 青岛惠城环保科技集团股份有限公司 投资者关系活动记录表 编号：2022-003 | --- | --- | --- | |-------------------------------|----------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：300779 证券简称：惠城环保 编号：2021-001 青岛惠城环保科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------------------|------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Group 1: Financial Performance and Measures - The company faced financial pressure primarily due to ongoing project constructions, which has been alleviated as projects enter trial production stages [2] - The company has implemented measures such as raising funds from the secondary market, applying for bank loans, and utilizing self-owned funds to support project construction [2] - The net profit for the first half of the year declined due to the severe rebound of COVID-19, leading to reduced operating rates among downstream customers and increased costs from new project personnel and raw materials [3] Group 2: Business Development and Strategy - The company established Guangdong Dongyue Environmental Technology Co., Ltd. to handle solid waste treatment and resource utilization, focusing on specific projects like the petroleum coke hydrogen production ash [2] - Future development directions include solid waste disposal services and continuous innovation in technology to support sustainable development [3] - The company is actively expanding into international markets and developing new customers to mitigate the impact of changes in procurement policies from state-owned enterprises [3] Group 3: Project Updates and Capacity Expansion - Current major projects include a 30,000 tons/year FCC catalyst solid waste regeneration project and a 40,000 tons/year FCC catalyst new materials project, both of which are in the commissioning phase [4] - The company’s FCC catalyst production capacity is set to increase from 20,000 tons/year to 40,000 tons/year, with waste catalyst treatment capacity rising from 28,480 tons/year to 58,480 tons/year following new project completions [5] - The company is focusing on enhancing its competitive edge through the promotion of technologies like industrial waste sulfuric acid chemical chain recycling and industrial flue gas desulfurization [4] Group 4: Market Position and Competition - The domestic demand for FCC catalysts is approximately 200,000 tons annually, with the company being the largest private FCC catalyst manufacturer outside of Sinopec and PetroChina [5] - The company has built a stable customer base in waste agent disposal services and is focusing on improving product performance and expanding into new business areas [5] - The company is addressing competitive pressures from emerging players in the refining industry by leveraging its established market reputation and technological advancements [5]

Financial Performance - The company's revenue for Q3 2022 was ¥97,858,455.36, representing a 16.55% increase compared to the same period last year[7] - The net profit attributable to shareholders for Q3 2022 was -¥4,985,457.56, a decrease of 199.69% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥8,081,305.45, down 434.81% from the previous year[7] - The basic earnings per share for Q3 2022 was -¥0.05, a decrease of 200.00% year-on-year[7] - The diluted earnings per share for Q3 2022 was -¥0.04, down 180.00% from the previous year[7] - Operating profit for the current period was -¥10,095,094.15, a decline from a profit of ¥11,595,878.34 in the previous period[33] - Net profit for the current period was -¥9,709,446.39, compared to a profit of ¥10,489,326.45 in the previous period[33] - The company reported a basic earnings per share of -¥0.10, down from ¥0.10 in the previous period[33] - Comprehensive income for the current period was -¥7,585,382.06, compared to ¥10,521,617.71 in the previous period[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,242,182,482.82, an increase of 39.17% compared to the end of the previous year[7] - The company reported a total liability of ¥1,527,507,680.94, significantly higher than ¥883,909,291.65 in the previous period[28] - Current liabilities totaled ¥522,385,172.29, an increase from ¥339,209,285.35 in the previous period[28] - Long-term borrowings rose to ¥664,079,998.19, compared to ¥242,000,000.00 in the previous period[28] - The total equity attributable to shareholders at the end of the reporting period was ¥714,674,809.88, a decrease of 1.72% compared to the end of the previous year[7] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥91,831,937.67, reflecting a 2.73% increase compared to the same period last year[7] - Cash inflow from operating activities totaled $184,476,519.07, an increase of 41% from $130,807,814.09 in the previous period[39] - Cash outflow from operating activities amounted to $276,308,456.74, up from $225,216,027.67, resulting in a net cash flow from operating activities of -$91,831,937.67[39] - The company’s cash flow from operating activities showed a slight improvement, with a decrease in net cash outflow compared to the previous period[39] Investments - Cash inflow from investment activities was $163,410,293.24, compared to $146,166,177.72 in the previous period, while cash outflow for investments rose significantly to $739,050,707.77 from $590,966,401.14[39] - The net cash flow from investment activities was -$575,640,414.53, worsening from -$444,800,223.42 in the previous period[39] Financing Activities - Cash inflow from financing activities reached $723,679,998.19, an increase from $560,109,179.80 in the previous period[41] - Cash outflow from financing activities was $172,521,213.46, up from $60,096,680.44, leading to a net cash flow from financing activities of $551,158,784.73[41] - The company received $578,679,998.19 in cash from borrowings, compared to $560,000,000.00 in the previous period[41] Operational Metrics - The weighted average return on net assets was -0.70%, a decrease of 1.42% year-on-year[7] - Research and development expenses decreased to ¥12,079,658.33 from ¥15,463,892.75 in the previous period, indicating a reduction in R&D investment[31] Government Support - The company received government subsidies amounting to ¥2,805,600.53 during the reporting period, primarily for technology innovation and other projects[8] Shareholder Actions - The company plans to issue between 10 million and 30 million shares to a specific investor, Zhang Xinguang, with expected fundraising between RMB 117.7 million and RMB 353.1 million[20] - The company has approved a restricted stock incentive plan, which aims to enhance employee motivation and retention[22]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥144,063,029.51, representing a 6.80% increase compared to ¥134,889,784.39 in the same period last year[28]. - The net profit attributable to shareholders for the first half of 2022 was -¥4,723,980.83, a decrease of 186.07% from ¥5,488,241.79 in the previous year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,242,388.90, down 428.75% from ¥2,811,375.40 in the same period last year[28]. - The net cash flow from operating activities was -¥74,860,892.61, which is a decline of 32.61% compared to -¥56,452,939.17 in the previous year[28]. - The total assets at the end of the reporting period were ¥2,057,039,081.50, an increase of 27.68% from ¥1,611,113,628.78 at the end of the previous year[28]. - The net assets attributable to shareholders at the end of the reporting period were ¥717,977,682.50, a decrease of 1.27% from ¥727,204,337.13 at the end of the previous year[28]. - The basic earnings per share for the first half of 2022 was -¥0.05, a decrease of 200.00% from ¥0.05 in the same period last year[28]. - The diluted earnings per share for the first half of 2022 was -¥0.04, down 180.00% from ¥0.05 in the previous year[28]. - The weighted average return on net assets was -0.65%, a decrease of 1.47% from 0.82% in the same period last year[28]. Revenue and Costs - The cost of goods sold increased by 19.83% to ¥117,472,988.34 from ¥98,035,207.67, indicating rising operational costs[63]. - Research and development expenses decreased by 14.86% to ¥8,059,816.40 from ¥9,466,520.34, reflecting a reduction in investment in innovation[63]. - The resource recycling products generated revenue of ¥87,810,412.64, down 18.98% year-on-year, with a gross margin of 14.77%[63]. - The hazardous waste treatment service revenue was ¥11,548,614.69, a decrease of 12.11%, with a gross margin of 0.87%[63]. Strategic Focus and Innovation - The company focuses on hazardous waste treatment and resource utilization, with a strategic emphasis on expanding into international markets, particularly in India, Asia-Pacific, and the Middle East[37]. - The company is actively developing new technologies, including industrial waste sulfuric acid chemical chain recycling and industrial flue gas desulfurization technologies, to enhance its service offerings and create new profit growth points[38]. - The company emphasizes self-innovation to enhance competitiveness and industry position, aiming to lead in green environmental protection and circular economy development[42]. - The company is focusing on technological innovation to enhance its competitive edge in the environmental protection sector, with ongoing projects in chemical recycling and waste treatment technologies[58]. Environmental Commitment - The company aims to achieve a 10% reduction in nitrogen oxide emissions by 2025, in line with national environmental policies, which presents opportunities for growth in the industrial environmental protection sector[39]. - The company is committed to sustainable development by extending its environmental governance business across multiple industries to minimize environmental impact[38]. - The company is committed to environmental responsibility, ensuring compliance with pollution discharge standards and actively monitoring its emissions[130]. - The company generates pollutants mainly including wastewater, waste gas, and waste materials, adhering to local environmental standards for discharge[136]. Financial Management and Investments - The company reported a significant increase in cash flow from financing activities, amounting to ¥439,188,587.84, up 165.78% from ¥165,244,718.88, mainly due to increased borrowings[63]. - The total amount of raised funds is 610.43 million RMB, with 47.79 million RMB invested during the reporting period[84]. - The cumulative investment of raised funds reached 363.66 million RMB, with 24.88% of the total raised funds repurposed[84]. - The company has invested RMB 3,000 million in bank wealth management products, with an outstanding balance of RMB 2,000 million[98]. Operational Challenges - The company faces significant risks due to fluctuations in the macroeconomic environment, including the impact of the COVID-19 pandemic and international uncertainties, prompting a focus on strategic adjustments and cost reduction measures[106]. - Increased competition in the industry has pressured the company's business expansion, leading to a strategy of diversifying product offerings and enhancing cooperation with state-owned enterprises[107]. - An increase in accounts receivable has been observed, leading to potential liquidity risks; the company plans to strengthen receivables management to mitigate this risk[113]. - The company is expanding its operations across multiple locations, which presents management challenges; adjustments to organizational structure and incentive mechanisms are planned to enhance operational efficiency[114]. Corporate Governance and Shareholder Relations - The company has not declared any cash dividends or stock bonuses for the half-year period, focusing on reinvestment strategies[120]. - The company has undergone significant management changes, with new appointments for the chairman and general manager to drive future growth[120]. - The company is committed to protecting shareholders' rights and ensuring equal treatment for all shareholders[148]. - The company has fulfilled all commitments made during its initial public offering and refinancing, including dividend commitments and stock price stabilization commitments[155]. Compliance and Legal Matters - The company has not experienced any bankruptcy reorganization matters during the reporting period[173]. - The company has not engaged in any related party transactions during the reporting period[177]. - There were no significant lawsuits or arbitration matters during the reporting period[171]. - The company has not issued any non-standard audit reports for the previous year[172].

Financial Performance - The company's operating revenue for Q1 2022 was ¥51,331,924.55, a decrease of 24.34% compared to ¥67,845,131.02 in the same period last year[2]. - The net profit attributable to shareholders was -¥5,483,792.05, representing a decline of 226.49% from ¥4,335,419.53 year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,391,083.68, a decrease of 333.76% compared to ¥3,161,856.66 in the previous year[2]. - Basic and diluted earnings per share were both -¥0.05, a decrease of 225.00% from ¥0.04 in the previous year[2]. - The total comprehensive income attributable to the parent company was -5,492,447.40 CNY, compared to 4,525,265.24 CNY in the previous period[18]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥35,160,812.94, which is an 84.00% decline from -¥19,109,412.10 in the same period last year[2]. - Cash inflow from operating activities totaled 34,666,112.48 CNY, a decrease from 37,815,650.25 CNY year-over-year[21]. - Net cash outflow from operating activities was -35,160,812.94 CNY, compared to -19,109,412.10 CNY in the previous period[22]. - Cash inflow from investment activities was 85,214,003.93 CNY, while cash outflow was 222,889,751.35 CNY, resulting in a net cash outflow of -137,675,747.42 CNY[22]. - Cash inflow from financing activities was 178,821,294.90 CNY, compared to 160,000,000.00 CNY in the previous period[22]. - The ending balance of cash and cash equivalents was 144,356,034.72 CNY, down from 179,967,782.55 CNY in the previous period[22]. - The company's cash and cash equivalents decreased from RMB 224.45 million at the beginning of the year to RMB 163.37 million at the end of the period, a decline of approximately 27.2%[13]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,722,225,241.32, an increase of 6.90% from ¥1,611,113,628.78 at the end of the previous year[2]. - Non-current liabilities rose to CNY 651,978,674.91, compared to CNY 544,700,006.30, marking an increase of 19.6%[15]. - The total liabilities of the company reached CNY 1,000,464,375.04, up from CNY 883,909,291.65, reflecting an increase of 13.2%[15]. - The equity attributable to shareholders of the parent company decreased to CNY 721,760,866.28 from CNY 727,204,337.13, a decline of 0.6%[15]. - Shareholders' equity attributable to the parent company was ¥721,760,866.28, a slight decrease of 0.75% from ¥727,204,337.13 at the end of the previous year[2]. Operational Challenges - The decline in revenue was mainly attributed to the impact of the COVID-19 pandemic, affecting the operational rates of downstream customers and logistics[7]. - The company faced significant impacts on sales and revenue due to COVID-19 outbreaks and logistics disruptions, leading to a decrease in performance[10]. Strategic Initiatives - The company is actively expanding its market and improving internal management to enhance cost control and profitability[10]. - The company plans to continue its focus on cost reduction and efficiency improvement to strengthen its core competitiveness[10]. - The company has issued convertible bonds, which began trading on July 26, 2021, with a conversion period until July 6, 2027[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,838[8]. - The total number of restricted shares at the beginning of the period was 30,117,946, with 2,229,196 shares released during the period[11]. Research and Development - Research and development expenses for Q1 2022 were CNY 3,485,687.96, a decrease of 14.9% from CNY 4,098,309.02 in the previous year[17]. Inventory and Receivables - Accounts receivable increased from RMB 100.59 million to RMB 115.85 million, representing a growth of about 15.1%[13]. - The company's inventory rose from RMB 85.09 million to RMB 115.98 million, an increase of approximately 36.5%[13]. Audit Status - The report was not audited, indicating that the figures may be subject to change upon further review[23].