中兰环保科技股份有限公司 2023 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《上市公司监管指引第 2 号--上市公司募集资金管理和使 用的监管要求(2022 年修订)》《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"）2023 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 ...

证券代码：300854 证券简称：中兰环保 公告编号：2023-069 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 2023 年 8 月 25 日召开了 第三届董事会第十七次会议和第三届监事会第十三次会议，审议通过了《关于 2023 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 2023 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、在建工程、无形资产和商誉等资产进行了减值 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。 中兰环保科技股份有限公司 关于 2023 年半年度计提资产减值准备的公告 2、本期计提资产减值准备的金额 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、 ...

070 证券代码：300854 证券简称：中兰环保 公告编号：2023- 根据上述情况，公司拟对《公司章程》的相关内容修订如下： | 序号 | 原《公司章程》内容 | | 修订后《公司章程》内容 | | | --- | --- | --- | --- | --- | | 1 | 第 六 条 | 公 司 注 册 资 本 为 人 民 币 | 第 六 条 | 公司注册资本为人民币 | | | 9,909.40 | 万元。 | 10,068.90 | 万元。 | | 2 | 第十九条 | 公司股份总数 万 9,909.40 | 第十九条 | 公司股份总数 万 10,068.90 | | | 股，均为人民币普通股。 | | 股，均为人民币普通股。 | | 除上述修订条款外，《公司章程》的其他条款不变。修订后的《公司章程》 于同日在巨潮资讯网（http://www.cninfo.com.cn）上公告。 中兰环保科技股份有限公司 关于增加公司注册资本并修订《公司章程》的公告 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。 中兰环保科技股份有限公司（以下简称"公司"）第三届董 ...

| | | | | | | | | | | 单位：万元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 占用方与上市 | 上市公司核算 | 2023年期初往来 | 2023半年度往 来累计发生金 | 2023半年度往 | 2023半年度 | 2023半年度期 | | | | 非经营性资金占用 | 资金占用方名称 | 公司的关联关 系 | 的会计科目 | 资金余额 | 额（不含利 息） | 来资金的利息 （如有） | 偿还累计发 生金额 | 末往来资金余 额 | 占用形成原因 | 占用性质 | | 控股股东、实际控制人及 | | | | | | | | | | | | 其附属企业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 关联自然人及其控制的法 | | | | | | | | | | | | 人 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 其他关联人及其附属企业 | | | | | | | | ...

证券代码：300854 证券简称：中兰环保 公告编号：2023-064 中兰环保科技股份有限公司 关于股东深创投及其关联方减持实施进展的公告 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。 中兰环保科技股份有限公司（以下简称"公司"、"中兰环保"）于2023年5月 22日在巨潮资讯网披露了《关于股东深创投及其关联方股份减持计划的预披露公 告》（公告编号：2023-047）。公司股东深圳市创新投资集团有限公司（以下简 称"深创投"）及其关联方深圳市罗湖红土创业投资有限公司（以下简称"红土创 业"）、深圳市红土创客创业投资合伙企业（有限合伙）（以下简称"红土创客"） 计划通过集中竞价交易、大宗交易方式及/或其他合法方式减持公司股份不超过 4,954,649股（占公司原总股本比例4.9999%）。 | 2、股东减持股份情况 | | --- | | | | 注：公司向 2023 年限制性股票激励计划首次授予的激励对象授予 159.50 万股，授予股份登 记上市日为 2023 年 7 月 6 日。登记完成后，公司总股本由 99,094,000 股变更为 100,689, ...

Financial Performance - The company's revenue for Q1 2023 was ¥67,858,833.09, representing a 6.17% increase compared to ¥63,917,753.54 in the same period last year[5] - Net profit attributable to shareholders was ¥637,590.58, a significant turnaround from a net loss of ¥8,609,986.87 in Q1 2022, marking a 107.41% improvement[5] - The net profit after deducting non-recurring gains and losses was ¥419,856.25, up 138.99% from ¥175,677.75 in the previous year[5] - The company's basic and diluted earnings per share improved to ¥0.01 from a loss of ¥0.09, reflecting a 111.11% increase[5] - The total operating revenue for Q1 2023 was CNY 67,858,833.09, an increase of 6.4% compared to CNY 63,917,753.54 in Q1 2022[22] - The net profit for Q1 2023 was CNY 468,912.06, a significant improvement from a net loss of CNY 8,425,476.59 in Q1 2022[23] - The profit attributable to the parent company's shareholders was CNY 637,590.58, compared to a loss of CNY 8,609,986.87 in the previous year[23] - The company reported a comprehensive income of CNY 454,149.52, compared to a loss of CNY 8,433,426.60 in the previous year[24] - Basic and diluted earnings per share for Q1 2023 were CNY 0.01, recovering from a loss of CNY 0.09 per share in Q1 2022[24] Assets and Liabilities - The total assets decreased by 5.59% to ¥1,496,404,478.05 from ¥1,584,997,401.40 at the end of the previous year[5] - The total assets decreased to CNY 1,496,404,478.05 from CNY 1,584,997,401.40, reflecting a decline of approximately 5.6%[21] - The total liabilities decreased to CNY 508,689,785.91 from CNY 597,736,858.77, a reduction of about 14.9%[21] - The company reported a total of 1,073,026,780.07 CNY in current assets as of March 31, 2023, down from 1,153,925,147.43 CNY at the beginning of the year[19] - Accounts receivable decreased to 265,106,953.16 CNY from 303,614,712.88 CNY[19] - The company has a significant amount of inventory valued at 46,265,938.01 CNY, an increase from 37,118,512.67 CNY[19] - The company has a total of 60,716,769.44 CNY in trading financial assets, down from 70,971,829.73 CNY[19] Cash Flow - Cash flow from operating activities showed a net outflow of ¥61,350,431.45, which is a 19.27% increase in outflow compared to ¥51,438,305.23 in Q1 2022[10] - The net cash flow from operating activities was -$61,350,431.45, compared to -$51,438,305.23 in the previous period, indicating a decline in operational cash flow[26] - Cash inflow from operating activities totaled $136,212,476.09, down from $149,561,443.24 in the previous period, reflecting a decrease of approximately 8.9%[26] - Cash outflow from operating activities was $197,562,907.54, slightly reduced from $200,999,748.47, showing a decrease of about 1.2%[26] - The net cash flow from investing activities was $10,169,074.05, down from $52,869,049.86 in the previous period, representing a significant decline of approximately 80.7%[27] - Cash inflow from investing activities was $101,400,648.76, compared to $341,144,986.86 previously, indicating a decrease of about 70.3%[27] - Cash outflow from investing activities totaled $91,231,574.71, down from $288,275,937.00, reflecting a decrease of approximately 68.4%[27] - The net cash flow from financing activities was -$593,222.48, worsening from -$288,744.39 in the previous period[27] - The cash and cash equivalents at the end of the period were $101,122,437.45, slightly down from $101,188,967.18 in the previous period[27] - The company experienced a net decrease in cash and cash equivalents of -$51,781,369.97, contrasting with an increase of $1,135,337.77 in the previous period[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,313[12] - The largest shareholder, Ge Fang, holds 23.06% of shares, totaling 22,847,500 shares[12] - The company has a total of 52,801,500 shares under lock-up agreements, with the majority set to be released in September 2024[15] - The total number of preferred shareholders is not applicable for this report[14] Research and Development - Research and development expenses rose by 78.58% to ¥3,694,623.80 from ¥2,068,906.03 in the same period last year, indicating increased investment in innovation[9] - Research and development expenses increased to CNY 3,694,623.80, up from CNY 2,068,906.03, marking a growth of 78.5%[22] Government Subsidies and Financial Expenses - The company received government subsidies amounting to ¥548,561.36, which contributed positively to its financial performance[6] - The company experienced a 1923.03% increase in financial expenses, primarily due to increased interest income from receivables[9] Related Party Transactions - The company has engaged in significant related party transactions as disclosed in announcements dated February 28, 2023[17]

| 7. 看去年年报，公司可再生资源利用方面收入下降，且没有 | | --- | | 新开项目，是因为沼气发电等生物质能发电项目技术相对其他公司 | | 没有优势吗？ | | 答:尊敬的投资者您好，公司可再生资源利用方面收入同比略 | | 有下降。公司全资子公司——中兰环能以可再生资源利用为主营业 | | 务，在稳定运营现有填埋气发电、畜禽粪污发电项目基础上，一方 | | 面在积极扩展可再生资源的来源，同时也在积极研究有机废弃物资 | | 源化利用的方向，而且还在积极布局国际市场，拟进一步拓展东南 | | 亚等地区的新能源业务。公司在填埋气发电业务领域具备产业链协 | | 同效应、全国性布局优势和技术优势等核心竞争力，并形成了丰富 | | 的技术储备。感谢您对公司的关注与支持！ | | 8. 你好，请问葛总，贵公司有什么核心技术（核心资产） | | 吗？未来三年有什么发展规划或者发展方向？贵公司公告多次中标 | | 多个大项目，为什么没有取得相应的业绩？葛总多次参加深圳妇联 | | 等相关活动，这些活动对企业的业绩提升有贡献意义吗？ | | 答:尊敬的投资者您好，公司在二十多年的发展历程中，在固 | | 废污 ...

会议召开时间：2023 年 05 月 10 日（星期三）15:00-17:00 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 证券代码：300854 证券简称：中兰环保 公告编号：2023-039 中兰环保科技股份有限公司 关于举办 2022 年度网上业绩说明会的公告 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。 重要内容提示： 会 议 问 题 征 集 ： 投 资 者 可 于 2023 年 05 月 10 日 前 访 问 网 址 https://eseb.cn/14qW2Hg6Yxy 或使用微信扫描下方小程序码进行会前提问，中 兰环保科技股份有限公司（以下简称"公司"）将通过本次业绩说明会，在信息 披露允许范围内就投资者普遍关注的问题进行回答。 公司已于 2023 年 04 月 25 日在巨潮资讯网上披露了《2022 年年度报告》及 《2022 年年度报告摘要》。为便于广大投资者更加全面深入地了解公司经营业绩、 发展战略等情况，公司定于 2023 年 05 月 10 日（星期三）15:00-17:00 在"价 值在线 ...

[Important Notes](index=1&type=section&id=Important%20Notes) This report emphasizes the assurance of truthfulness, accuracy, and completeness by the board, supervisory board, senior management, and key financial personnel, noting that the quarterly report is unaudited - The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report and assume legal responsibility[3](index=3&type=chunk) - The company's responsible person, chief accounting officer, and head of the accounting department declare to guarantee the truthfulness, accuracy, and completeness of financial information[3](index=3&type=chunk) - The first quarter report is unaudited[4](index=4&type=chunk)[30](index=30&type=chunk) [I. Key Financial Data](index=2&type=section&id=Section%201%20Key%20Financial%20Data) [1.1 Key Accounting Data and Financial Indicators](index=2&type=section&id=1.1%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company's operating revenue increased by 6.17% year-on-year in Q1 2023, with net profit attributable to shareholders turning profitable, up 107.41%, while net cash flow from operating activities decreased by 19.27% 2023 Q1 Key Accounting Data and Financial Indicators | Indicator | Current Period (CNY) | Prior Year Period (CNY) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 67,858,833.09 | 63,917,753.54 | 6.17% | | Net Profit Attributable to Shareholders of Listed Company | 637,590.58 | -8,609,986.87 | 107.41% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-recurring Gains and Losses | 419,856.25 | 175,677.75 | 138.99% | | Net Cash Flow from Operating Activities | -61,350,431.45 | -51,438,305.23 | -19.27% | | Basic Earnings Per Share (CNY/share) | 0.01 | -0.09 | 111.11% | | Diluted Earnings Per Share (CNY/share) | 0.01 | -0.09 | 111.11% | | Weighted Average Return on Net Assets | 0.07% | -0.91% | 0.98% | | **Period-end Indicator** | **Current Period-end (CNY)** | **Prior Year-end (CNY)** | **Period-end vs. Prior Year-end Change (%)** | | Total Assets | 1,496,404,478.05 | 1,584,997,401.40 | -5.59% | | Owners' Equity Attributable to Shareholders of Listed Company | 962,807,617.63 | 962,184,789.59 | 0.06% | [1.2 Non-recurring Gains and Losses](index=2&type=section&id=1.2%20Non-recurring%20Gains%20and%20Losses) Total non-recurring gains and losses for the current period amounted to 217,734.33 CNY, primarily comprising government subsidies and fair value changes, with VAT refunds classified as recurring due to their close relation to core business 2023 Q1 Non-recurring Gains and Losses | Item | Amount for Current Period (CNY) | | :--- | :--- | | Gains and losses from disposal of non-current assets | -6,047.21 | | Government subsidies recognized in current profit and loss | 548,561.36 | | Gains and losses from changes in fair value and investment income from disposal of financial assets | -237,417.10 | | Other non-operating income and expenses | -24,170.03 | | Less: Income tax impact | 109,647.81 | | Impact on minority interests (after tax) | -46,455.12 | | **Total** | **217,734.33** | - The company classifies **VAT refunds of 1,861,132.32 CNY** as recurring gains and losses, as they are closely related to its main business and are expected to be continuously obtained, reflecting normal operating activities and profitability[9](index=9&type=chunk) [1.3 Changes in Key Accounting Data and Reasons](index=3&type=section&id=1.3%20Changes%20in%20Key%20Accounting%20Data%20and%20Reasons) Accounts receivable financing, prepayments, construction in progress, and contract liabilities significantly increased due to higher bank acceptance bills, increased prepaid engineering costs, and investment in the Wuhan Yihecheng technical renovation project; sales and R&D expenses rose due to increased employee compensation, while financial expenses decreased significantly due to higher interest income from accounts receivable; operating cash flow declined due to reduced cash from sales and services Major Changes in Balance Sheet Items | Item | March 31, 2023 (CNY) | December 31, 2022 (CNY) | Change Rate (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | | Accounts Receivable Financing | 4,789,649.06 | 290,000.00 | 1551.60% | Increase in bank acceptance bills with higher credit ratings | | Prepayments | 5,106,262.58 | 2,791,942.21 | 82.89% | Increase in prepaid engineering costs | | Construction in Progress | 4,507,587.54 | 3,316,119.51 | 35.93% | Increase in Wuhan Yihecheng technical renovation project | | Contract Liabilities | 13,888,066.81 | 5,192,086.69 | 167.49% | Increase in prepaid engineering costs received | | Other Non-current Assets | 241,519.00 | 833,873.83 | -71.04% | Decrease in prepaid long-term assets | Major Changes in Income Statement Items | Item | Jan-Mar 2023 (CNY) | Jan-Mar 2022 (CNY) | Change Rate (%) | Explanation | | :--- | :--- | :--- | :--- | | Sales Expenses | 6,545,409.49 | 5,021,808.03 | 30.34% | Increase in employee compensation, business entertainment, and travel expenses | | R&D Expenses | 3,694,623.80 | 2,068,906.03 | 78.58% | Increase in R&D personnel compensation | | Financial Expenses | -2,230,103.26 | 122,329.23 | 1923.03% | Increase in interest income from accounts receivable | | Other Income | 2,409,693.68 | 1,185,719.80 | 103.23% | Increase in VAT immediate refund received | | Gains/Losses from Changes in Fair Value | -455,060.29 | -8,877,068.65 | 94.87% | Decrease in share price of Salt Lake Co. Ltd | | Asset Impairment Losses (losses indicated by "-") | 1,807,998.38 | -2,069,525.18 | 187.36% | Decrease in contract assets, reversal of asset impairment provisions | Major Changes in Cash Flow Statement Items | Item | Jan-Mar 2023 (CNY) | Jan-Mar 2022 (CNY) | Change Rate (%) | Explanation | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -61,350,431.45 | -51,438,305.23 | -19.27% | Decrease in cash received from sales of goods and provision of services | | Net Cash Flow from Investing Activities | 10,169,074.05 | 52,869,049.86 | -80.77% | Decrease in wealth management investment activities | | Net Cash Flow from Financing Activities | -593,222.48 | -288,744.39 | -105.45% | Decrease in financing activities | [II. Shareholder Information](index=4&type=section&id=Section%202%20Shareholder%20Information) [2.1 Top Ten Common Shareholders and Voting Rights of Preferred Shareholders](index=4&type=section&id=2.1%20Top%20Ten%20Common%20Shareholders) As of the end of the reporting period, the company had 8,313 common shareholders, with Ge Fang, Kong Xiongjun, and Liu Qingsong as major individual shareholders, and Shenzhen Capital Group and its affiliates also among the top ten, with existing related party relationships - Total number of common shareholders at the end of the reporting period was **8,313**[13](index=13&type=chunk) Top 10 Shareholders' Holdings | Shareholder Name | Shareholder Nature | Holding Percentage (%) | Number of Shares Held (shares) | Number of Restricted Shares Held (shares) | | :--- | :--- | :--- | :--- | :--- | | Ge Fang | Domestic Natural Person | 23.06% | 22,847,500.00 | 22,847,500.00 | | Kong Xiongjun | Domestic Natural Person | 13.73% | 13,601,500.00 | 13,601,500.00 | | Liu Qingsong | Domestic Natural Person | 11.13% | 11,025,000.00 | 8,662,500.00 | | Shenzhen Capital Group Co., Ltd. | State-owned Legal Person | 3.23% | 3,197,849.00 | 0.00 | | Shenzhen Zhonglan Futong Investment Partnership (Limited Partnership) | Domestic Non-state-owned Legal Person | 3.03% | 3,002,500.00 | 3,002,500.00 | | Kong Lijun | Domestic Natural Person | 2.78% | 2,750,000.00 | 2,750,000.00 | | Beijing Qingshan Zhengshi Investment Management Center (Limited Partnership) | Domestic Non-state-owned Legal Person | 2.72% | 2,697,900.00 | 0.00 | | Shenzhen Guozhong SME Development Private Equity Investment Partnership (Limited Partnership) | Domestic Non-state-owned Legal Person | 2.71% | 2,690,000.00 | 0.00 | | Shenzhen Dingqing Venture Capital Partnership (Limited Partnership) | Domestic Non-state-owned Legal Person | 2.16% | 2,138,000.00 | 0.00 | | Shenzhen Luohu Hongtu Venture Capital Management Co., Ltd. - Shenzhen Luohu Hongtu Venture Capital Co., Ltd. | Domestic Non-state-owned Legal Person | 2.15% | 2,132,151.00 | 0.00 | - Shenzhen Capital Group Co., Ltd. has related party relationships with Shenzhen Luohu Hongtu Venture Capital Co., Ltd., Shenzhen Hongtu Chuangke Venture Capital Partnership (Limited Partnership), and Shenzhen Guozhong SME Development Private Equity Investment Partnership (Limited Partnership)[14](index=14&type=chunk) [2.2 Preferred Shareholders](index=5&type=section&id=2.2%20Preferred%20Shareholders) The company has no preferred shareholders - The company has no preferred shareholders[15](index=15&type=chunk) [2.3 Changes in Restricted Shares](index=5&type=section&id=2.3%20Changes%20in%20Restricted%20Shares) During the reporting period, the total number of restricted shares remained unchanged, with major restricted shareholders including Ge Fang, Kong Xiongjun, and Liu Qingsong, primarily due to pre-IPO restrictions or executive lock-up, with most restrictions expected to be lifted on September 16, 2024 Changes in Restricted Shares | Shareholder Name | Restricted Shares at Beginning of Period (shares) | Shares Released from Restriction in Current Period (shares) | Shares Added to Restriction in Current Period (shares) | Restricted Shares at End of Period (shares) | Reason for Restriction | Proposed Release Date | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Ge Fang | 22,847,500.00 | 0.00 | 0.00 | 22,847,500.00 | Pre-IPO restricted shares | September 16, 2024 | | Kong Xiongjun | 13,601,500.00 | 0.00 | 0.00 | 13,601,500.00 | Pre-IPO restricted shares | September 16, 2024 | | Liu Qingsong | 8,662,500.00 | 0.00 | 0.00 | 8,662,500.00 | Executive lock-up shares | End of executive lock-up period | | Shenzhen Zhonglan Futong Investment Partnership | 3,002,500.00 | 0.00 | 0.00 | 3,002,500.00 | Pre-IPO restricted shares | September 16, 2024 | | Kong Lijun | 2,750,000.00 | 0.00 | 0.00 | 2,750,000.00 | Pre-IPO restricted shares | September 16, 2024 | | Total | 52,801,500.00 | 0.00 | 0.00 | 52,801,500.00 | | | - The total number of restricted shares remained unchanged during the reporting period[16](index=16&type=chunk)[17](index=17&type=chunk) [III. Other Important Matters](index=6&type=section&id=Section%203%20Other%20Important%20Matters) The company disclosed two significant announcements during the reporting period: the signing of a major contract involving related party transactions and the change of certain raised fund special accounts, both published on Juchao Information Network - The company disclosed the "Announcement on the Company Signing a Major Contract and Related Party Transactions" on February 28, 2023[18](index=18&type=chunk) - The company disclosed the "Announcement on Changing Certain Raised Fund Special Accounts" on February 28, 2023[18](index=18&type=chunk) [IV. Quarterly Financial Statements](index=6&type=section&id=Section%204%20Quarterly%20Financial%20Statements) [4.1 Consolidated Balance Sheet](index=6&type=section&id=4.1%20Consolidated%20Balance%20Sheet) As of March 31, 2023, the company's total assets were 1.496 billion CNY, a 5.59% decrease from the beginning of the year, with total current assets at 1.073 billion CNY, non-current assets at 423 million CNY, total liabilities at 509 million CNY, and total owners' equity at 988 million CNY Consolidated Balance Sheet Key Data (March 31, 2023) | Item | Period-end Balance (CNY) | Year-start Balance (CNY) | | :--- | :--- | :--- | | Cash and Bank Balances | 117,921,010.83 | 165,493,838.84 | | Financial Assets Held for Trading | 60,716,769.44 | 70,971,829.73 | | Accounts Receivable | 265,106,953.16 | 303,614,712.88 | | Contract Assets | 506,580,338.93 | 513,245,162.77 | | Total Current Assets | 1,073,026,780.07 | 1,153,925,147.43 | | Total Non-current Assets | 423,377,697.98 | 431,072,253.97 | | **Total Assets** | **1,496,404,478.05** | **1,584,997,401.40** | | Accounts Payable | 343,085,965.74 | 427,102,880.65 | | Contract Liabilities | 13,888,066.81 | 5,192,086.69 | | Total Current Liabilities | 496,965,273.69 | 585,156,147.35 | | Total Non-current Liabilities | 11,724,512.22 | 12,580,711.42 | | **Total Liabilities** | **508,689,785.91** | **597,736,858.77** | | Total Owners' Equity Attributable to Parent Company | 962,807,617.63 | 962,184,789.59 | | Minority Interests | 24,907,074.51 | 25,075,753.04 | | **Total Owners' Equity** | **987,714,692.14** | **987,260,542.63** | | **Total Liabilities and Owners' Equity** | **1,496,404,478.05** | **1,584,997,401.40** | [4.2 Consolidated Income Statement](index=8&type=section&id=4.2%20Consolidated%20Income%20Statement) In Q1 2023, the company achieved total operating revenue of 67.86 million CNY, a 6.17% year-on-year increase, with net profit of 468,912.06 CNY, a significant turnaround from a loss of 8.43 million CNY in the prior year, and net profit attributable to parent company owners of 637,590.58 CNY Consolidated Income Statement Key Data (Jan-Mar 2023) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 67,858,833.09 | 63,917,753.54 | | Total Operating Costs | 77,189,191.28 | 69,253,736.11 | | Sales Expenses | 6,545,409.49 | 5,021,808.03 | | Administrative Expenses | 15,652,917.22 | 13,633,738.14 | | R&D Expenses | 3,694,623.80 | 2,068,906.03 | | Financial Expenses | -2,230,103.26 | 122,329.23 | | Other Income | 2,409,693.68 | 1,185,719.80 | | Investment Income | 2,418,489.32 | 1,991,833.76 | | Gains/Losses from Changes in Fair Value | -455,060.29 | -8,877,068.65 | | Asset Impairment Losses (losses indicated by "-") | 1,807,998.38 | -2,069,525.18 | | Operating Profit (Loss) | -215,845.88 | -9,967,369.10 | | Total Profit (Loss) | -246,063.12 | -9,998,220.24 | | Income Tax Expense | -714,975.18 | -1,572,743.65 | | **Net Profit (Net Loss)** | **468,912.06** | **-8,425,476.59** | | Net Profit Attributable to Parent Company Owners | 637,590.58 | -8,609,986.87 | | Basic Earnings Per Share (CNY/share) | 0.01 | -0.09 | [4.3 Consolidated Cash Flow Statement](index=10&type=section&id=4.3%20Consolidated%20Cash%20Flow%20Statement) In Q1 2023, net cash flow from operating activities was -61.35 million CNY, a 19.27% year-on-year decrease; net cash flow from investing activities was 10.17 million CNY, a significant 80.77% decrease primarily due to reduced wealth management investments; net cash flow from financing activities was -593,222.48 CNY Consolidated Cash Flow Statement Key Data (Jan-Mar 2023) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -61,350,431.45 | -51,438,305.23 | | Net Cash Flow from Investing Activities | 10,169,074.05 | 52,869,049.86 | | Net Cash Flow from Financing Activities | -593,222.48 | -288,744.39 | | Net Increase in Cash and Cash Equivalents | -51,781,369.97 | 1,135,337.77 | | Cash and Cash Equivalents at End of Period | 101,122,437.45 | 101,188,967.18 | - Net cash flow from operating activities decreased by **19.27%**, primarily due to a reduction in cash received from sales of goods and provision of services[11](index=11&type=chunk)[28](index=28&type=chunk) - Net cash flow from investing activities significantly decreased by **80.77%**, mainly due to a reduction in wealth management investment activities compared to the prior period[11](index=11&type=chunk)[29](index=29&type=chunk) [4.4 Audit Report](index=11&type=section&id=4.4%20Audit%20Report) The company's 2023 first quarter report is unaudited - The company's first quarter report is unaudited[30](index=30&type=chunk)

Financial Performance - The company reported a significant increase in revenue, with total revenue reaching RMB 99,094,000 for the year 2022, marking a year-on-year growth of 15%[12]. - The company's operating revenue for 2022 was ¥722,842,023.92, representing a 3.43% increase compared to ¥698,880,444.69 in 2021[28]. - The net profit attributable to shareholders decreased by 72.36% to ¥28,133,163.41 in 2022 from ¥101,781,425.85 in 2021[28]. - Basic and diluted earnings per share dropped by 77.78% to ¥0.28 in 2022 from ¥1.26 in 2021[28]. - The company reported a significant decline in the weighted average return on equity, which fell to 2.92% in 2022 from 13.58% in 2021, a decrease of 10.66%[28]. - The cash flow from operating activities improved significantly, with a net amount of ¥1,829,438.70 in 2022, compared to a negative cash flow of -¥46,968,124.55 in 2021, marking a 103.90% increase[28]. - The company’s consolidated net profit for the year is 28,133,163.41 yuan, with cumulative undistributed profits of 358,727,609.36 yuan[181]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.5 per 10 shares to all shareholders, based on the aforementioned revenue figure[12]. - The total distributable profit at the end of the reporting period is 279,835,689.41 yuan[181]. Operational Challenges - The company is facing risks related to accounts receivable management, with an increase in accounts receivable corresponding to revenue growth, which may impact liquidity and operational efficiency[8]. - The company acknowledges the risk of raw material price fluctuations, particularly for geosynthetic materials, which are influenced by international oil prices[10]. - The company emphasizes the importance of timely collection of accounts receivable to improve cash flow and avoid bad debt losses[8]. - The company is expanding into renewable resource utilization and landfill comprehensive operation, facing potential cash flow pressures if project settlements or accounts receivable are delayed[136]. Strategic Initiatives - The company is committed to enhancing its core competitiveness through R&D and expanding into new business areas to mitigate intensified industry competition[7]. - The company is closely monitoring changes in industry policies and market conditions to adapt its strategies accordingly, ensuring compliance and responsiveness to potential risks[4]. - The company is actively pursuing market expansion opportunities while being cautious of uncertainties in the global economic recovery phase[9]. - The company is focusing on the steady development of biomass power generation, optimizing the layout for urban waste incineration power generation, and exploring the potential for biomass power generation combined with carbon capture, utilization, and storage[47]. Environmental Commitment - The company is involved in the construction of "waste-free cities," with 109 cities included in the initiative across 31 provinces and municipalities[47]. - The company is committed to the development of non-grain biomass liquid fuels, supporting advanced technology equipment for biodiesel and bio-aviation kerosene[47]. - The company is enhancing its capabilities in environmental risk management for toxic and harmful chemical substances, with a focus on new pollutant governance by 2025[47]. - The company is actively managing raw material procurement to mitigate risks associated with price volatility[136]. Research and Development - The company has increased its R&D personnel by 42.55%, from 47 in 2021 to 67 in 2022, with R&D personnel now accounting for 18.41% of the total workforce[99]. - Research and development expenses increased by 6.86% year-on-year, amounting to ¥27,506,084.27 in 2022[91]. - The company has successfully applied its core technology in over 600 projects across 31 provinces and regions in China and several countries along the "Belt and Road" initiative[76]. - The company has developed a high-efficiency garbage screening device, which has been patented (patent number 2022212785915), aimed at increasing the screening efficiency by 20%[97]. Governance and Management - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring a sustainable business model[142]. - The company has established a complete independent financial accounting system and does not share bank accounts with its controlling shareholders[143]. - The company has implemented a robust internal management and control system, ensuring compliance with corporate governance standards[140]. - The board of directors consists of 11 members, including 4 independent directors, and held 7 meetings during the reporting period, all conducted in accordance with legal requirements[141]. Market Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[160]. - The solid waste treatment industry in China is expected to grow significantly due to supportive government policies, including the prohibition of solid waste imports and the promotion of "waste-free cities"[125]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by the end of 2024[160]. - The company aims to leverage its expertise in environmental engineering to capture new business opportunities in the growing green technology market[155].