Financial Performance - The company's operating revenue for 2024 reached ¥7,203,251,250.15, representing a 16.93% increase compared to ¥6,160,573,616.12 in 2023[22]. - Net profit attributable to shareholders for 2024 was ¥575,349,856.15, up 10.40% from ¥521,143,750.07 in the previous year[22]. - The net cash flow from operating activities increased by 12.58% to ¥369,263,460.37 in 2024, compared to ¥328,008,733.69 in 2023[22]. - Basic earnings per share rose to ¥1.44, reflecting a 9.92% increase from ¥1.31 in 2023[22]. - Total assets at the end of 2024 amounted to ¥9,107,659,991.56, a 24.06% increase from ¥7,341,247,766.16 at the end of 2023[22]. - The company's net assets attributable to shareholders increased by 14.09% to ¥4,131,915,452.39 at the end of 2024, compared to ¥3,621,620,375.57 in 2023[22]. - The company reported a diluted earnings per share of ¥1.44, consistent with the basic earnings per share[22]. - The weighted average return on equity for 2024 was 14.83%, slightly down from 15.00% in 2023[22]. Revenue Breakdown - The urban operation segment generated revenue of 6,109.26 million yuan, growing by 20.57% year-on-year, and accounted for 84.81% of total revenue[62]. - Revenue from urban operations amounted to ¥6,109,257,984.68, accounting for 84.81% of total revenue, with a year-on-year growth of 20.57%[78]. - The company secured new contracts totaling 8,340 million yuan in the urban operation segment, with an annualized increase of 2,071 million yuan, reflecting a growth of 43.10%[62]. - The company’s property management segment reported revenue of 1,086.84 million yuan, maintaining a stable gross margin of 10.08%[63]. - The South China region generated ¥2,300,423,738.14 in revenue, representing 31.93% of total revenue, with an 11.57% increase year-on-year[79]. Market Trends and Industry Insights - The urban operation market is projected to grow at a compound annual growth rate (CAGR) of 15.56%, reaching a market size of 644.2 billion by 2029[36]. - The sanitation industry is experiencing a price war, with low-price projects in Zhejiang and Anhui accounting for 56%, and some projects being awarded at 50% of the original price, indicating a collapse of the pricing system[42]. - The market concentration is increasing, with only 2% of companies (316 leading firms) capturing an annualized bid amount of 45.3 billion yuan, which constitutes 47% of the market[44]. Technological Innovations - The company has implemented a digital transformation strategy, enhancing its "Smart City Manager" platform with new applications such as smart water management and drone inspections[70]. - The company has filed over 100 patents in the smart equipment sector, successfully launching products like the Sunshine S200 cleaning robot[71]. - The integration of AI algorithms and machine vision into its sanitation operations, enhancing its operational efficiency and service radius[75]. - The company is focusing on solar-powered monitoring devices, which improve the efficiency of solar panel cleaning and overall operational reliability[93]. - The introduction of a dehumidifying and deodorizing community waste recycling device aims to reduce odors and improve environmental hygiene in waste collection[93]. Strategic Initiatives and Future Plans - The company aims to optimize cash flow by focusing on high-quality regional markets and enhancing accounts receivable management[37]. - The company aims to continue expanding its service offerings and modernizing urban governance through its "Smart City Steward" platform[74]. - The company is committed to a vision of "clean and beautiful China," focusing on comprehensive solutions for urban and rural living environments, aligning with national "dual carbon" goals and digital economy development plans for 2025[125]. - The company plans to leverage artificial intelligence and advanced technologies to create a comprehensive smart sanitation solution, integrating operational platforms, intelligent equipment, and smart services[125]. Governance and Management - The company governance structure complies with the requirements of the Corporate Law and the Shenzhen Stock Exchange regulations, ensuring shareholder rights are protected[145]. - The board consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[149]. - The company has established independent financial, personnel, and operational structures, ensuring no interference from the controlling shareholder[154][157][158]. - The company has a transparent performance evaluation and incentive mechanism for senior management, aligning with legal regulations[153]. - The company has undergone a significant management reshuffle, with multiple board members and executives being elected or appointed, effective July 18, 2024[168][169][170][171][172][173][174][175][177][178]. Research and Development - R&D investment increased to ¥40,854,328.83 in 2024, representing 0.57% of operating revenue, up from 0.51% in 2023[106]. - The number of R&D personnel decreased by 10.69% from 131 in 2023 to 117 in 2024[106]. - The company has submitted a patent for a big data-based sanitation work efficiency assessment method, addressing the challenges of monitoring sanitation work quality and improving assessment accuracy[92]. Cash Flow and Financial Management - Operating cash inflow increased by 16.43% to ¥6,821,660,077.10 in 2024 compared to ¥5,859,065,073.90 in 2023[108]. - Net cash flow from investing activities decreased significantly by 522.65%, resulting in a net outflow of ¥1,289,236,724.85 in 2024[109]. - The company reported an asset impairment of ¥138,612,450.26, accounting for -16.17% of total profit[110]. - The company received government subsidies and insurance claims amounting to ¥26,242,164.59, contributing 3.06% to total profit[110]. Awards and Recognition - The company has received multiple awards in 2024, including recognition as one of the "Top 100 ESG Listed Companies in China," highlighting its strong ESG performance[50]. - The company’s self-developed sanitation robots have won multiple awards at the Shenzhen International AI Sanitation Robot Competition, showcasing its technological innovation[51]. - The company has been recognized for its ESG practices, ranking in the top 20 for ESG performance in the public utility sector[68].

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,881,971,731.96, representing a 10.58% increase compared to ¥1,701,833,770.84 in the same period last year[5]. - Net profit attributable to shareholders was ¥161,273,308.17, up 9.20% from ¥147,680,676.89 year-on-year[5]. - The net cash flow from operating activities improved significantly to ¥101,552,571.30, a 354.25% increase from a negative cash flow of -¥39,942,641.05 in the previous year[5]. - Total operating revenue for the current period reached ¥1,881,971,731.96, an increase of 10.6% compared to ¥1,701,833,770.84 in the previous period[22]. - Net profit for the current period was ¥179,639,147.09, compared to ¥170,068,851.15 in the previous period, representing a growth of 5.5%[23]. - The total comprehensive income for the period was CNY 179,639,147.09, compared to CNY 170,068,851.15 in the previous period, representing an increase of approximately 4.6%[24]. - The net profit attributable to the parent company was CNY 161,273,308.17, up from CNY 147,680,676.89, indicating a growth of about 9.5%[24]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,418,065,336.74, marking a 3.41% increase from ¥9,107,659,991.56 at the end of the previous year[5]. - Total liabilities rose to ¥4,573,053,986.96, up from ¥4,450,888,608.62, indicating an increase of 2.7%[20]. - The equity attributable to shareholders of the parent company increased to ¥4,293,188,760.56 from ¥4,131,915,452.39, reflecting a growth of 3.9%[20]. - The company's long-term receivables stood at ¥464,928,232.30, slightly down from ¥470,160,991.01, a decrease of 1.0%[20]. Cash Flow - The company's cash and cash equivalents increased to ¥868,481,300.43 from ¥799,995,518.43, reflecting a growth of approximately 8.5%[17]. - Cash inflows from operating activities totaled CNY 1,883,433,855.04, compared to CNY 1,537,602,589.54 in the previous period, marking an increase of about 22.4%[27]. - Cash outflows from investing activities amounted to CNY 472,667,488.28, down from CNY 692,715,155.89, showing a decrease of approximately 31.7%[27]. - The ending cash and cash equivalents balance was CNY 854,741,709.50, up from CNY 742,476,525.39, representing an increase of about 15.1%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,948, with the largest shareholder holding 47.92% of the shares[13]. - The largest shareholder, Tibet Tianzhirun Investment Management Co., Ltd., holds 190,986,601 shares, representing a significant portion of the company's equity[14]. - The company has a total of 23,900,000 shares held by shareholder Yang Minghuan through a margin trading account[14]. - The company reported a total of 11,753,568 shares under lock-up agreements, with 1,080,000 shares released during the period[15]. - There were no changes in the top 10 shareholders' participation in margin trading activities during the reporting period[14]. - The company continues to comply with lock-up regulations for its directors and key personnel, ensuring stability in shareholding[15]. Expenses - Total operating costs amounted to ¥1,604,137,131.95, up from ¥1,470,346,574.06, reflecting a year-over-year increase of 9.1%[22]. - Research and development expenses decreased by 30.84% to ¥7,228,600.10 from ¥10,451,849.39 in the previous year, primarily due to reduced personnel and material inputs[11]. - Financial expenses increased by 37.84% to ¥19,867,887.08, attributed to higher borrowing interest costs during the reporting period[11]. - Research and development expenses for the current period were ¥7,228,600.10, down from ¥10,451,849.39, a decrease of 30.5%[23]. Other Information - The company reported a significant increase in accounts receivable notes by 89.85%, reaching ¥11,795,621.04 due to an increase in received notes during the reporting period[10]. - Accounts receivable rose to ¥4,454,763,888.21 from ¥4,218,104,164.61, indicating an increase of about 5.6%[17]. - The total amount of accounts receivable increased by ¥236,659,723.60, reflecting improved collection efforts[17]. - The company has no new updates on product development or market expansion strategies during the reporting period[16]. - The company maintains a strong liquidity position with current assets significantly exceeding current liabilities[17]. - The company plans to implement new accounting standards starting in 2025, which may impact financial reporting[28]. - The first quarter report was not audited, which may affect the reliability of the financial data presented[28].

证券代码：300815 证券简称：玉禾田 公告编号：2025-021 玉禾田环境发展集团股份有限公司 关于控股股东部分股份质押展期的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股东股份质押及解除质押的基本情况 注：上表中 "未质押股份限售和冻结数量"中的限售部分为高管锁定股。 二、其他说明 截至公告披露日，控股股东、实际控制人及其一致行动人累计质押股份数占 其持股总数的比例为 27.39%。公司控股股东质押股份整体风险可控，目前不存 在平仓风险或被强制过户风险，不存在负担业绩补偿义务的情况，不存在股份被 冻结、被拍卖或设定信托的情形；公司控股股东及其一致行动人不存在非经营性 资金占用、违规担保等侵害上市公司利益的情形；该次股份质押事项对公司生产 经营、公司治理等不产生实质性影响。 公司将持续关注其股份质押变动情况及风险，并及时履行信息披露义务。敬 请广大投资者注意风险。 三、备查文件 国泰海通证券股份有限公司股票质押式回购交易协议书。 玉禾田环境发展集团股份有限公司（以下简称"公司"）近日接到公司控股 股东西藏天之润投资管理有限公司（以下简称"西 ...

玉禾田（300815）公告，公司控股股东西藏天之润投资管理有限公司将其持有的880万股股份办理了质 押，占其所持股份比例的4.61%，占公司总股本比例的2.21%。此外，西藏天之润还解除质押了142万股 股份，占其所持股份比例的0.74%，占公司总股本比例的0.36%。截至公告披露日，西藏天之润及其一 致行动人累计质押股份数占其持股总数的比例为27.39%。 ...

证券代码：300815 证券简称：玉禾田 公告编号：2025-020 玉禾田环境发展集团股份有限公司 （三）股东股份累计质押情况 股东 名称 是否为控 股股东或 第一大股 东及其一 致行动人 本次质押 数量 （股） 占其 所持 股份 比例 （%） 占公 司总 股本 比例 （%） 是否为限 售股（如 是，注明 限售类 型） 是否 为补 充质 押 质押起 始日 质押到 期日 质权人 质押 用途 西藏 天之 润 是 8,800,00 0 4.61 2.21 否 否 2025-4- 17 2025-6- 16 招商证 券股份 有限公 司 企业 实体 经营 合计 - 8,800,00 0 4.61 2.21 - - - - - - （一）本次股份质押基本情况 注：上表中 "未质押股份限售和冻结数量"中的限售部分为高管锁定股。 二、其他说明 关于控股股东部分股份质押及解除质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股东股份质押及解除质押的基本情况 玉禾田环境发展集团股份有限公司（以下简称"公司"）近日接到公司控股 股东西藏天之润投资管理有限公司（以下简 ...

证券代码：300815 证券简称：玉禾田 公告编号：2025-019 玉禾田环境发展集团股份有限公司 关于对外担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别风险提示： 截止本公告披露日，公司及控股子公司提供担保额度已超过公司最近一期经 审计净资产100%。敬请广大投资者充分关注担保风险。 一、担保情况概述 玉禾田环境发展集团股份有限公司（以下简称"玉禾田"或"公司"）分别 于2024年12月26日、2025年1月20日召开的第四届董事会2024年第五次会议、2025 年第一次临时股东大会审议通过了《关于公司2025年度对外提供担保额度预计的 议案》。公司为子公司、子公司为子公司向金融机构融资提供累计不超过人民币 78.8亿元的担保，担保额度有效期为自公司2025年第一次临时股东大会通过之日 起12个月。具体内容请详见公司于2024年12月27日、2025年1月20日在巨潮资讯网 （http://www.cninfo.com.cn）上披露的《关于公司2025年度对外提供担保额度预计 的公告》（公告编号：2024-096）、《公司2025年第 ...

玉禾田环境发展集团股份有限公司 市值管理制度 第一章 总则 第一条 为加强玉禾田环境发展集团股份有限公司（以下简称"公司"）市 值管理工作，切实推动公司提升投资价值，维护公司及广大投资者合法权益， 根据《中华人民共和国公司法》《中华人民共和国证券法》《国务院关于加强监 管防范风险推动资本市场高质量发展的若干意见》《上市公司监管指引第 10 号 ——市值管理》等相关法律、行政法规、部门规章、规范性文件以及《公司章 程》的规定，并结合公司实际情况，制定本制度。 第二条 本制度所称市值管理，是指上市公司以提高公司质量为基础，为 提升公司投资价值和股东回报能力而实施的战略管理行为。 第三条 公司应当牢固树立回报股东意识，采取措施保护投资者尤其是中 小投资者利益，诚实守信、规范运作、专注主业、稳健经营，以新质生产力的 培育和运用，推动经营水平和发展质量提升，并在此基础上做好投资者关系管 理，增强信息披露质量和透明度，必要时积极采取措施提振投资者信心，推动 公司投资价值合理反映公司质量。 第四条 公司开展市值管理的基本原则包括： 合规性原则：公司市值管理工作应当在依法履行信息披露义务的基础上开 展，符合法律、行政法规、部 ...

证券代码：300815 证券简称：玉禾田 公告编号：2025-018 玉禾田环境发展集团股份有限公司 关于为全资子公司融资提供担保及反担保的公告 （一）被担保方 公司名称：深圳市晓润智慧科技有限公司 统一社会信用代码：91440300MA5GQAQ481 成立日期：2021年4月22日 本公司及其董事、监事、高级管理人员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 玉禾田环境发展集团股份有限公司（以下简称"公司"）于 2025 年 4 月 7 日召开第四届董事会 2025 年第二次会议，审议通过了《关于为全资子公司融资 提供担保及反担保的议案》，现将具体事项公告如下： 一、交易概述 因经营发展需要，公司全资子公司深圳市晓润智慧科技有限公司（以下简 称"晓润科技"）为补充流动资金，拟以其名下的一项知识产权进行质押担 保，向深圳市高新投小额贷款有限公司（以下简称"高新投小额贷"）申请人 民币 2,500 万元（以下币种同）融资，借款期限为 360 日，公司为其向高新投 小额贷提供连带责任担保，保证范围为本金 2,500 万元及利息等，保证期间为 主合同约定的被担保债权确定之日起三年或 ...

玉禾田环境发展集团股份有限公司 证券代码：300815 证券简称：玉禾田 公告编号：2025-017 关于增加外汇套期保值业务额度的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 1、为满足公司业务发展的需求，有效规避外汇市场的风险，进一步提高应 对外汇波动风险的能力，玉禾田环境发展集团股份有限公司（以下简称"公 司"）拟将公司及子公司开展外汇套期保值业务额度增加至人民币3亿元或其他 等值外币。本次拟开展的外汇套期保值业务所涉及币种为公司及子公司在境外 业务中使用的结算货币。具体方式或产品主要包括远期结售汇、外汇掉期、外 汇买卖、外汇期权、利率互换、利率掉期、利率期权等或上述产品的组合业 务。 2、公司于2025年4月7日分别召开第四届董事会2025年第二次会议和第四届 监事会2025年第二次会议，分别审议通过了《关于增加外汇套期保值业务额度 的议案》，该事项无需提交公司股东大会审议。 3、特别风险提示：公司开展外汇套期保值业务遵循合法、谨慎、安全和有 效的原则，不做投机性、套利性的交易操作，但外汇套期保值业务仍存在一定 的市场风险、内部 ...

一、本次增加外汇套期保值业务额度的目的 为降低融资费用，公司及下属子公司、孙公司（以下合称"子公司"）配置利率较低的 外币贷款为业务服务，陆续进行外币借款。目前国际外汇市场变化较快，为有效规避外汇市 场风险，防范汇率大幅波动对经营造成不良影响，合理降低财务费用，降低未来偿债汇率波 动风险，公司拟增加公司及子公司与具有相关业务经营资质的银行等金融机构开展外汇套期 保值业务的额度。 玉禾田环境发展集团股份有限公司 关于增加外汇套期保值业务额度的可行性分析报告 二、外汇套期保值业务基本情况 1、主要涉及币种及业务品种 公司及子公司拟开展的外汇套期保值业务将只限于从事与银行外币借款、公司及子公司 经营所使用的主要结算货币相同的币种，主要外币币种为欧元、美元、日元等。 公司及子公司拟开展的外汇套期保值业务包括远期结售汇、外汇互换、外汇掉期、外汇 期货、外汇期权、利率互换、利率掉期、利率期权及其他金融衍生品产品等业务或者业务的 组合。 2、业务规模及投入资金来源 本次外汇套期保值业务额度增加后，公司及子公司拟开展外汇套期保值业务的规模为不 超过人民币 3 亿元或其他等值外币，在上述额度范围内，资金可以循环使用。资金来源为 ...