中兰环保（SZ 300854，收盘价：17.69元）7月30日晚间发布半年度业绩报告称，2025年上半年营业收 入约2.91亿元，同比减少3.68%；归属于上市公司股东的净利润约563万元，同比减少55.05%；基本每股 收益0.06元，同比减少53.85%。 （文章来源：每日经济新闻） ...

中兰环保科技股份有限公司 2025年半年度非经营性资金占用及其他关联资金往来情况汇总表 | | 资金占用方名称 | 占用方与上市公司的 | 上市公司核算 | 2025年期初占用资金 | | 2025半年度占用累计 | 2025半年度占 | 2025半年度偿还累 | 2025半年度期末占用 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | | 关联关系 | 的会计科目 | 余额 | | 发生金额（不含利 | 用资金的利息 | 计发生金额 | 资金余额 | 占用形成原因 | 占用性质 | | | | | | | | 息） | （如有） | | | | | | 控股股东、实际控制 | 无 | 无 | 无 | 无 | | 无 | 无 | 无 | 无 | | | | 人及其附属企业 | | | | | | | | | | | | | 小计 | | | | | - | - | - | - | - | | | | 前控股股东、实际控 | 无 | 无 | 无 | 无 | | 无 | 无 | ...

（原标题：中兰环保(300854.SZ)发布上半年业绩，归母净利润562.8万元，下降55.05%） 智通财经APP讯，中兰环保(300854.SZ)发布2025年半年度报告，该公司营业收入为2.91亿元，同比减少 3.68%。归属于上市公司股东的净利润为562.8万元，同比减少55.05%。归属于上市公司股东的扣除非经 常性损益的净利润为287.51万元，同比减少68.80%。基本每股收益为0.06元。 ...

Group 1 - The core point of the article is that Zhonglan Environmental Protection (SZ 300854) held its fourth board meeting on July 29, 2025, to review the agenda including the 2025 semi-annual report [1] - The company's revenue composition for the year 2024 is as follows: ecological environment restoration accounts for 63.53%, pollution isolation systems for 24.68%, landfill comprehensive operation for 5.02%, other businesses for 4.81%, and renewable resource utilization for 1.95% [1] - As of the report, Zhonglan Environmental Protection has a market capitalization of 1.8 billion yuan [1] Group 2 - The article mentions a significant trend in the AI industry, highlighting that the price of AI-related products has surged tenfold, with major companies like Tesla, Alibaba, and Meituan attracting top executives to this trillion-dollar sector [1]

格隆汇7月30日丨中兰环保(300854.SZ)公布2025年半年度报告，上半年公司实现营业收入2.91亿元，同 比下降3.68%；归属于上市公司股东的净利润562.80万元，同比下降55.05%；归属于上市公司股东的扣 除非经常性损益的净利润287.51万元，同比下降68.80%；基本每股收益0.06元。 ...

证券代码：300854 证券简称：中兰环保 公告编号：2025-053 中兰环保科技股份有限公司 关于 2025 年半年度计提资产减值准备的公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 中兰环保科技股份有限公司（以下简称"公司"）于 2025 年 7 月 29 日召开了 第四届董事会第九次会议，审议通过了《关于 2025 年半年度计提资产减值准备 的议案》，根据相关规定，现将有关情况公告如下： 一、本次计提资产减值准备情况概述 1、计提资产减值准备的原因 根据《企业会计准则》《深圳证券交易所创业板股票上市规则》相关规定， 公司基于谨慎性原则，对合并报表范围内的资产进行了分析，对存在减值迹象的 资产计提相应减值准备。公司对截至 2025 年 6 月 30 日的应收款项、合同资产、 存货、长期股权投资、固定资产、无形资产等资产进行了减值测试，判断部分资 产存在发生减值的迹象，本着谨慎性原则，需要计提减值准备。 2、本期计提资产减值准备的金额 公司本次计提资产减值准备的资产项目主要为应收票据、应收账款、其他应 收款、合同资产，计提各项资产减值准备 1,72 ...

中兰环保科技股份有限公司 2025 年半年度募集资金存放与使用情况的专项报告 根据中国证券监督管理委员会《上市公司募集资金监管规则》《深圳证券交 易所上市公司自律指引第2号--创业板上市公司规范运作》的相关规定，现将中 兰环保科技股份有限公司（以下简称"公司"或"本公司"）2025年半年度募集资 金存放与使用情况专项说明如下： 一、募集资金基本情况 （一） 募集资金金额及到位时间 经中国证券监督管理委员会核发的《关于同意中兰环保科技股份有限公司 首次公开发行股票注册的批复》（证监许可[2021]2504号）同意注册，并经深圳 证券交易所同意，公司首次公开发行人民币普通股（A）股共计2,480.00万股， 发行价格为9.96元/股，募集资金总额为人民币247,008,000.00元，扣除发行费用 （不含税）人民币49,143,378.53元后，募集资金净额为人民币197,864,621.47元。 2021年9月10日，募集资金已全部到账并存放于公司设立的募集资金专项账户。 立信会计师事务所（特殊普通合伙）对公司首次公开发行股票募集资金到位情 况进行了审验，并于2021年9月10日出具了《中兰环保科技股份有限公司 ...

证券代码：300854 证券简称：中兰环保 公告编号：2025-050 中兰环保科技股份有限公司 第四届董事会第九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 中兰环保科技股份有限公司（以下简称"公司"）第四届董事会第九次会议于 2025 年 7 月 29 日上午在深圳市南山区南海大道 1069 号联合大厦三层公司会议 室以现场结合通讯的方式召开。会议通知已于 2025 年 7 月 18 日通过邮件的方式 送达各位董事。本次会议由董事长葛芳女士主持，会议应出席董事 9 人，实际出 席董事 9 人（以通讯方式出席会议的董事有王广庆先生、张龙先生、刘建国先生、 施祖麟先生、方文辉先生）。公司高级管理人员列席了本次会议。会议的召集、 召开和表决程序符合《公司法》等有关法律法规和《公司章程》的规定。 二、董事会会议审议情况 经与会董事认真审议，形成决议如下： （一）审议通过《关于<公司 2025 年半年度报告及其摘要>的议案》； 公司董事会在全面审核公司 2025 年半年度报告全文及其摘要后，一致认为 公司 2025 年半年度 ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=第一节%20重要提示%E3%80%81目录和释义) The company's board and management guarantee report accuracy, with no planned dividend distribution for H1 2025 - The company's board of directors and senior management guarantee the truthfulness, accuracy, and completeness of the report content, assuming legal responsibility[5](index=5&type=chunk) - The company plans no cash dividends, bonus shares, or capital reserve conversions for the first half of 2025[6](index=6&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=第二节%20公司简介和主要财务指标) This section provides an overview of the company and its key financial performance during the reporting period [Company Profile and Contact Information](index=6&type=section&id=一%E3%80%81公司简介) Zhonglan Environmental Technology Co., Ltd. (stock code: 300854), listed on SZSE, maintained consistent contact information and disclosure locations during the reporting period Item | Information | :--- | :--- | | Stock Abbreviation | Zhonglan Environmental | | Stock Code | 300854 | | Listing Exchange | Shenzhen Stock Exchange | | Legal Representative | Ge Fang | [Key Accounting Data and Financial Indicators](index=7&type=section&id=四%E3%80%81主要会计数据和财务指标) During the reporting period, revenue decreased by **3.68%** to **291.02 million Yuan**, and net profit attributable to shareholders significantly dropped by **55.05%** to **5.63 million Yuan**, while operating cash flow improved by **98.50%** Key Financial Indicator | Current Period | Prior Period | YoY Change | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 291,015,026.02 | 302,132,562.21 | -3.68% | | Net Profit Attributable to Shareholders (Yuan) | 5,628,043.96 | 12,520,374.67 | -55.05% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) (Yuan) | 2,875,104.03 | 9,215,077.37 | -68.80% | | Net Cash Flow from Operating Activities (Yuan) | -1,379,581.32 | -92,168,413.53 | 98.50% | | Basic Earnings Per Share (Yuan/share) | 0.06 | 0.13 | -53.85% | | Weighted Average Return on Net Assets | 0.57% | 1.27% | -0.70 percentage points | | Total Assets (Yuan) | 1,626,941,509.55 | 1,691,777,730.54 | -3.83% (vs. end of prior year) | | Net Assets Attributable to Shareholders (Yuan) | 984,070,595.05 | 990,766,594.52 | -0.68% (vs. end of prior year) | [Non-Recurring Gains and Losses and Amounts](index=7&type=section&id=六%E3%80%81非经常性损益项目及金额) Non-recurring gains and losses totaled **2.75 million Yuan**, primarily from fair value changes and disposal gains of financial assets, while VAT refunds were classified as recurring income Item | Amount (Yuan) | :--- | :--- | | Disposal Gains/Losses of Non-Current Assets | 394,752.92 | | Government Grants Included in Current Profit/Loss | 116,924.18 | | Fair Value Changes and Disposal Gains/Losses from Financial Assets and Liabilities | 2,778,146.97 | | Other Non-Operating Income and Expenses | -243,839.08 | | **Total** | **2,752,939.93** | [Management Discussion and Analysis](index=9&type=section&id=第三节%20管理层讨论与分析) This section provides a comprehensive analysis of the company's operations, financial performance, and future outlook [Principal Business and Operating Model](index=9&type=section&id=一%E3%80%81报告期内公司从事的主要业务) The company is a high-tech enterprise specializing in solid waste pollution prevention, offering services across pollution isolation, ecological restoration, renewable resource utilization, and landfill operations through project contracting and operation models - Company core business segments include: - **Pollution Isolation Systems**: Applied in domestic, industrial, and hazardous waste disposal to prevent pollutant migration - **Ecological Environment Restoration**: Focuses on sealing and ecological restoration of closed, irregular, or old landfills to restore land value - **Renewable Resource Utilization**: Primarily biogas power generation, achieving reduction, harmlessness, and resource utilization of landfill gas - **Landfill Integrated Operations**: Provides refined operational management services for domestic waste and incineration fly ash landfills[29](index=29&type=chunk)[30](index=30&type=chunk)[32](index=32&type=chunk)[34](index=34&type=chunk)[35](index=35&type=chunk) - In H1 2025, the company secured multiple new projects in pollution isolation systems and ecological environment restoration, demonstrating continuous market expansion capability[31](index=31&type=chunk)[33](index=33&type=chunk) [Core Competitiveness Analysis](index=11&type=section&id=二%E3%80%81核心竞争力分析) The company's core competitiveness stems from continuous R&D, nationwide presence, integrated technical and operational services, and extensive project experience, evidenced by new patents and provincial methods - The company is a national high-tech enterprise, possessing the "Guangdong Provincial Solid and Hazardous Waste Pollution Isolation and Anti-Seepage System Engineering Technology Research Center," participating in over 10 industry standards, and forming a full-产业链 technology system centered on ecological landfill integration technology[44](index=44&type=chunk)[45](index=45&type=chunk) - The company has established a service network covering six major regions nationwide (North China, East China, Central China, South China, Southwest, Northwest), with 2 R&D centers and 44 branches/subsidiaries, providing rapid response localized services to clients across the country[46](index=46&type=chunk) - With over 20 years of industry experience, the company's core technologies have been successfully applied in over 700 projects across 31 domestic provinces/cities and "Belt and Road" countries, demonstrating mature management and quality assurance advantages[49](index=49&type=chunk) [Analysis of Principal Business](index=13&type=section&id=三%E3%80%81主营业务分析) During the reporting period, operating revenue slightly decreased by **3.68%**, but net profit significantly declined due to substantial increases in credit impairment losses and asset impairment losses, while sales revenue grew by **484.98%** Key Financial Data | Current Period (Yuan) | Prior Period (Yuan) | YoY Change | Reason for Change | :--- | :--- | :--- | :--- | :--- | | Selling Expenses | 6,006,237.32 | 8,171,650.77 | -26.50% | Strict cost control, reduced entertainment, personnel, and travel expenses | | Financial Expenses | -103,396.70 | 63,110.52 | -263.83% | Reduced exchange gains/losses | | R&D Investment | 16,917,902.44 | 15,047,814.78 | 12.43% | Increased R&D investment in projects | | Credit Impairment Loss | -3,977,212.47 | 449,335.23 | -985.13% | Increased provision for bad debts on accounts receivable YoY | | Asset Impairment Loss | -13,271,421.29 | -6,182,288.56 | -114.67% | Increased provision for impairment of contract assets YoY | By Product or Service | Operating Revenue (Yuan) | YoY Change in Operating Revenue | Gross Margin | :--- | :--- | :--- | :--- | | Pollution Isolation Systems | 41,795,328.71 | -48.88% | 22.92% | | Ecological Environment Restoration | 163,625,196.33 | -13.39% | 24.40% | | Sales | 48,422,931.10 | 484.98% | 31.46% | [Analysis of Non-Principal Business](index=15&type=section&id=四%E3%80%81非主营业务分析) During the reporting period, the company's total profit was severely impacted by asset and credit impairment losses, which collectively contributed over **400%** negatively, while investment income and fair value changes were primary but unsustainable non-principal business profit sources Item | Amount (Yuan) | Share of Total Profit | Reason for Formation | :--- | :--- | :--- | :--- | | Investment Income | 1,921,315.66 | 44.78% | Mainly from equity investment income and bank wealth management income | | Fair Value Change Gains/Losses | 993,950.34 | 23.17% | Mainly due to rising stock prices of held shares and accrued unexpired wealth management income | | Credit Impairment Loss | -3,977,212.47 | -92.70% | Mainly due to provision for impairment of accounts receivable | | Asset Impairment Loss | -13,271,421.29 | -309.32% | Mainly due to provision for impairment of contract assets | [Analysis of Assets and Liabilities](index=15&type=section&id=五%E3%80%81资产及负债状况分析) As of the end of the reporting period, total assets were **1.63 billion Yuan**, a **3.83%** decrease from year-end, with contract assets and accounts receivable comprising **64.06%**, indicating significant capital tied up in projects and slow collection - Contract assets and accounts receivable are the company's primary assets, collectively accounting for **64.06% of total assets**, reflecting the significant capital tied up in the company's business model[59](index=59&type=chunk) Restricted Asset Item | Period-End Book Value (Yuan) | Reason for Restriction | :--- | :--- | :--- | | Cash and Bank Balances | 25,807,482.82 | Bank acceptance bills, letter of guarantee deposits, and judicial freezing | | Fixed Assets | 8,897,349.45 | Credit mortgage | | **Total** | **34,704,832.27** | | [Investment Analysis](index=17&type=section&id=六%E3%80%81投资状况分析) During the reporting period, the company's investment decreased by **44.49%** to **611.00 million Yuan**, primarily in rolling bank wealth management products, with **84.20%** of net proceeds from fundraising utilized for working capital and R&D projects - Investment during the reporting period was **611.00 million Yuan**, a **44.49% decrease** from **1.10 billion Yuan** in the prior period[64](index=64&type=chunk) - Net proceeds from fundraising were **198.00 million Yuan**, with **167.00 million Yuan** cumulatively used, representing an **84.20% utilization rate**; unused funds are planned for the "Solid Waste Low-Carbon Key Technologies and Industrial Digital Transformation and Upgrade Management Research Project"[67](index=67&type=chunk)[71](index=71&type=chunk)[72](index=72&type=chunk) [Risks and Countermeasures](index=21&type=section&id=十%E3%80%81公司面临的风险和应对措施) The company faces key operating risks including policy changes, intensified competition, accounts receivable collection difficulties, macroeconomic uncertainties, raw material price volatility, and liquidity pressure, which it addresses through market research and strengthened accounts receivable management - The company's principal risks include: - **Policy Risk**: The environmental protection industry is highly susceptible to national and local industrial policies - **Competition Risk**: Increased market competition may lead to customer loss and market share decline - **Collection Risk**: Large accounts receivable balances and changes in customer payment ability may result in bad debt risk - **Macroeconomic Risk**: Uncertainties during economic recovery impact business expansion and project collection - **Cost Risk**: Key raw materials are petrochemical downstream products, with prices fluctuating with crude oil prices - **Liquidity Risk**: Significant capital tied up in accounts receivable and inventory, posing working capital pressure if not collected promptly[80](index=80&type=chunk)[81](index=81&type=chunk)[82](index=82&type=chunk)[83](index=83&type=chunk) [Corporate Governance, Environment, and Society](index=24&type=section&id=第四节%20公司治理%E3%80%81环境和社会) This section details the company's corporate governance structure, environmental initiatives, and social responsibility efforts [Corporate Governance Status](index=24&type=section&id=一%E3%80%81公司董事%E3%80%81监事%E3%80%81高级管理人员变动情况) During the reporting period, due to supervisory board reform, three supervisors resigned, and one employee representative director was elected; the company plans no profit distribution or capital reserve conversion for the half-year period Name | Position Held | Type | Date | Reason | :--- | :--- | :--- | :--- | :--- | | Yan Gaoming | Chairman of Supervisory Board | Resigned | 2025-05-22 | Supervisory board reform | | Yao Pengle | Supervisor | Resigned | 2025-05-22 | Supervisory board reform | | Zhang Xin | Employee Representative Supervisor | Resigned | 2025-05-22 | Supervisory board reform | | Zhang Xin | Employee Representative Director | Elected | 2025-06-23 | Work transfer | [Implementation of Equity Incentive Plans](index=24&type=section&id=三%E3%80%81公司股权激励计划%E3%80%81员工持股计划或其他员工激励措施的实施情况) The company continued to advance its 2023 restricted stock incentive plan, initiating repurchase and cancellation procedures for **974,750 restricted shares** due to partial performance targets not being met - Due to the company-level performance targets not being met for the second vesting period of the 2023 restricted stock incentive plan's initial grant and the first vesting period of the reserved grant, the company plans to repurchase and cancel a total of **974,750 restricted shares**[96](index=96&type=chunk) [Social Responsibility](index=26&type=section&id=五%E3%80%81社会责任情况) During the reporting period, the company actively fulfilled its social responsibilities by enhancing corporate governance, protecting employee rights, promoting green development in core businesses, and engaging in public welfare initiatives - The company actively fulfills its social responsibilities, covering four aspects: shareholders, employees, environment, and public welfare[98](index=98&type=chunk)[100](index=100&type=chunk)[101](index=101&type=chunk)[102](index=102&type=chunk) - In 2025, the company donated **0.20 million Yuan** to the Beautiful Shenzhen Foundation and **0.03 million Yuan** to the Shenzhen Charity Federation, supporting public welfare development[102](index=102&type=chunk) [Significant Matters](index=27&type=section&id=第五节%20重要事项) This section outlines significant events and commitments impacting the company during the reporting period [Fulfillment of Commitments](index=27&type=section&id=一%E3%80%81公司实际控制人%E3%80%81股东%E3%80%81关联方%E3%80%81收购人以及公司等承诺相关方在报告期内履行完毕及截至报告期末超期未履行完毕的承诺事项) During the reporting period, the company and related parties strictly adhered to all commitments made during the initial public offering and equity incentive, with some long-term commitments still ongoing and no overdue unfulfilled cases - Commitments made by the company and related parties, including share lock-up, stock price stabilization, information disclosure, and profit distribution, are all being fulfilled as planned[104](index=104&type=chunk)[108](index=108&type=chunk)[111](index=111&type=chunk) [Significant Litigation and Arbitration Matters](index=38&type=section&id=八%E3%80%81诉讼事项) The company has a significant contract dispute lawsuit involving an amount of **149.00 million Yuan**, which is currently in the second-instance stage after both parties appealed the first-instance judgment, with uncertain final financial impact Plaintiff/Petitioner | Opposing Party | Amount Involved (Million Yuan) | Litigation Progress | :--- | :--- | :--- | :--- | | Company and wholly-owned subsidiary Wuhan Zhongzhilan | Wuhan Huanto Solid Waste Operations Co., Ltd. etc | 148.77 | First instance judgment rendered, second instance hearing held, awaiting further court notice or judgment | [Significant Contracts and Their Performance](index=39&type=section&id=十二%E3%80%81重大合同及其履行情况) During the reporting period, the company disclosed several ongoing significant daily operating contracts for environmental projects in various locations; while some projects are nearing completion, substantial amounts remain unsettled or uncollected, reflecting long business collection cycles Client Name | Total Contract Amount (Million Yuan) | Contract Performance Progress | Accumulated Recognized Revenue (Million Yuan) | Accounts Receivable Collection Status (Million Yuan) | :--- | :--- | :--- | :--- | :--- | | Haikou City Urban Construction Investment Group Co., Ltd. | 395.03 | 92.38% | 334.79 | 258.21 | | Shaanxi Environmental Hongrun Solid Waste Disposal Co., Ltd. | 133.28 | 98.89% | 110.03 | 58.94 | | Zhejiang Jiangnan Engineering Management Co., Ltd. | 285.06 | 36.59% | 95.70 | 61.19 | | Shaanxi Deqi Environmental Co., Ltd. | 294.36 | 0.00% | 0.00 | 0 | [Other Significant Matters](index=41&type=section&id=十三%E3%80%81其他重大事项的说明) During the reporting period, the company issued several important announcements, including performance forecasts, bid winning notifications, re-certification as a high-tech enterprise, shareholder reduction plans, and the implementation of the 2024 annual equity distribution - Significant announcements include: - **2024 Annual Performance Forecast** (2025-01-24) - **Re-certification as National High-Tech Enterprise** (2025-03-08) - **Shareholder Share Reduction Plan** (2025-03-11, 2025-05-17) - **Repurchase and Cancellation of Restricted Shares** (2025-05-22) - **Implementation of 2024 Annual Equity Distribution** (2025-05-28)[135](index=135&type=chunk) [Share Changes and Shareholder Information](index=42&type=section&id=第六节%20股份变动及股东情况) This section details changes in the company's share capital and provides an overview of its shareholder structure [Share Changes](index=42&type=section&id=一%E3%80%81股份变动情况) During the reporting period, the company's total share capital remained largely unchanged, with a decrease of **40,000 restricted shares** and a corresponding increase in unrestricted shares due to executive share unlocking Share Type | Before This Change (Shares) | Change (Shares) | After This Change (Shares) | :--- | :--- | :--- | :--- | | I. Restricted Shares | 19,742,625 | -40,000 | 19,702,625 | | II. Unrestricted Shares | 81,300,875 | +40,000 | 81,340,875 | | **III. Total Shares** | **101,043,500** | **0** | **101,043,500** | [Shareholder Count and Shareholding Information](index=44&type=section&id=三%E3%80%81公司股东数量及持股情况) As of the end of the reporting period, the company had **8,569 common shareholders**, with Ge Fang (**22.61%**), Kong Xiongjun (**13.29%**), and Liu Qingsong (**10.41%**) as the top three, and Ge Fang and Kong Xiongjun acting in concert as actual controllers Shareholder Name | Shareholding Percentage | Period-End Shareholding (Shares) | :--- | :--- | :--- | | Ge Fang | 22.61% | 22,847,500 | | Kong Xiongjun | 13.29% | 13,433,500 | | Liu Qingsong | 10.41% | 10,515,000 | | Shenzhen Zhonglan Futong Investment Partnership (Limited Partnership) | 2.14% | 2,160,700 | | Kong Lijun | 2.03% | 2,054,600 | - Shareholder Ge Fang and Kong Xiongjun are married and are the company's actual controllers; Shenzhen Zhonglan Futong Investment Partnership (Limited Partnership) is controlled by Kong Xiongjun, and these three parties have a concerted action relationship[145](index=145&type=chunk) [Bond-Related Information](index=48&type=section&id=第七节%20债券相关情况) This section provides an overview of the company's bond-related activities and status - During the reporting period, the company had no bond-related matters requiring disclosure[151](index=151&type=chunk) [Financial Report](index=49&type=section&id=第八节%20财务报告) This section presents the company's unaudited financial statements and related notes for the reporting period [Financial Statement Summary](index=49&type=section&id=二%E3%80%81财务报表) The company's unaudited half-year financial report shows a slight decrease in total assets and liabilities, largely flat revenue but significantly declined net profit due to increased impairment losses, and improved operating cash flow Consolidated Balance Sheet Summary (Yuan) | Item | Period-End Balance | Beginning Balance | | :--- | :--- | :--- | | Total Assets | 1,626,941,509.55 | 1,691,777,730.54 | | Total Liabilities | 622,139,414.41 | 679,926,672.15 | | Total Equity Attributable to Parent Company Owners | 984,070,595.05 | 990,766,594.52 | Consolidated Income Statement Summary (Yuan) | Item | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Total Operating Revenue | 291,015,026.02 | 302,132,562.21 | | Operating Profit | 4,812,500.83 | 11,080,708.53 | | Total Profit | 4,290,537.49 | 8,624,632.82 | | Net Profit | 5,275,080.18 | 10,302,194.71 | | Net Profit Attributable to Parent Company Shareholders | 5,628,043.96 | 12,520,374.67 | Consolidated Cash Flow Statement Summary (Yuan) | Item | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -1,379,581.32 | -92,168,413.53 | | Net Cash Flow from Investing Activities | 20,561,203.68 | 54,142,022.19 | | Net Cash Flow from Financing Activities | -15,318,611.50 | -8,296,387.33 | | Net Increase in Cash and Cash Equivalents | 3,698,987.03 | -46,318,646.65 | [Notes to Consolidated Financial Statements Summary](index=92&type=section&id=七%E3%80%81合并财务报表项目注释) Financial statement notes indicate large accounts receivable and contract asset balances with significant provisions, which are key factors affecting current profit, and ecological environment restoration is the largest revenue source, accounting for approximately **68.7%** of principal business revenue - Accounts receivable balance at period-end was **476.00 million Yuan**, with bad debt provisions of **126.00 million Yuan**; contract assets balance was **788.00 million Yuan**, with impairment provisions of **96.00 million Yuan**; large accounts receivable and contract asset impairments were the primary reasons for the net profit decline[332](index=332&type=chunk)[343](index=343&type=chunk) Composition of Principal Business Revenue (Yuan) | Business Type | Revenue Amount | | :--- | :--- | | Ecological Environment Restoration | 163,625,196.33 | | Pollution Isolation Systems | 41,795,328.71 | | Landfill Integrated Operations | 28,707,750.35 | | Renewable Resource Utilization | 7,900,246.23 | [Supplementary Information](index=161&type=section&id=二十%E3%80%81补充资料) During the reporting period, the company's net profit after deducting non-recurring gains and losses was **2.88 million Yuan**, with a weighted average return on net assets of **0.29%**, and non-recurring gains primarily stemmed from financial asset fair value changes and disposal gains Current Period Non-Recurring Gains and Losses Details (Yuan) | Item | Amount | | :--- | :--- | | Disposal Gains/Losses of Non-Current Assets | 394,752.92 | | Government Grants | 116,924.18 | | Financial Asset Related Gains/Losses | 2,778,146.97 | | Other Non-Operating Income/Expenses | -243,839.08 | | Less: Income Tax and Minority Interest Impact | -293,045.06 | | **Total** | **2,752,939.93** | Return on Net Assets and Earnings Per Share | Profit for the Period | Weighted Average Return on Net Assets | Basic Earnings Per Share (Yuan/share) | | :--- | :--- | :--- | | Net Profit Attributable to Common Shareholders | 0.57% | 0.06 | | Net Profit Attributable to Common Shareholders After Non-Recurring Items | 0.29% | 0.03 |

中兰环保：2025年上半年净利润562.8万元，同比下降55.05% 金十数据7月30日讯，中兰环保公告，2025年上半年营业收入2.91亿元，同比下降3.68%；净利润562.8 万元，同比下降55.05%。公司计划不派发现金红利，不送红股，不以公积金转增股本。 ...