安徽华骐环保科技股份有限公司 2021 年第三季度报告 证券代码：300929 证券简称：华骐环保 公告编号：2021-067 安徽华骐环保科技股份有限公司 2021 年第三季度报告 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: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗 漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 125,559,500.20 | 34.93% | 430,667,900.97 | 12. ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 305,108,400.73, representing a 5.01% increase compared to CNY 290,543,312.61 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was CNY 31,413,066.72, up by 7.99% from CNY 29,090,110.79 year-on-year[21]. - The net profit after deducting non-recurring gains and losses decreased by 14.90% to CNY 24,039,198.94 from CNY 28,248,981.60 in the previous year[21]. - The total operating revenue for the reporting period was CNY 305,108,400.73, representing a year-on-year increase of 5.01% compared to CNY 290,543,312.61 in the same period last year[39]. - The company reported a total profit for the first half of 2021 of CNY 36,644,345.55, an increase from CNY 33,586,415.18 in the same period of 2020[158]. - The company reported a net profit margin of 71.7% for the current period, indicating strong profitability despite a decrease in total income[175]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -91,964,892.07, a decline of 197.35% compared to CNY -30,927,724.59 in the same period last year[21]. - The company's total cash flow from operating activities was CNY 225,195,009.81, compared to CNY 258,267,402.43 in the previous year[165]. - The net cash flow from operating activities for the first half of 2021 was -91,964,892.07 CNY, compared to -30,927,724.59 CNY in the same period of 2020, indicating a significant decline[166]. - The ending balance of cash and cash equivalents was 299,660,682.69 CNY, up from 103,722,630.17 CNY at the end of the previous period[168]. - The company received 258,113,613.21 CNY from investment absorption, indicating strong investor confidence[167]. Assets and Liabilities - The total assets at the end of the reporting period increased by 26.43% to CNY 1,752,541,059.38 from CNY 1,386,136,647.83 at the end of the previous year[21]. - Total liabilities reached CNY 968,875,499.18, up from CNY 861,318,433.62, indicating a rise of around 12.5%[150]. - Long-term borrowings increased to CNY 376.09 million, representing 21.46% of total liabilities, up from 19.29% last year[45]. - The company's accounts receivable decreased to CNY 187,716,928.11 from CNY 231,927,978.74, indicating a reduction of about 19%[148]. - The total current liabilities slightly increased to CNY 562,044,735.89 from CNY 561,937,714.11, indicating a marginal rise of 0.2%[150]. Research and Development - Research and development expenses increased by 38.98% to CNY 9.66 million, reflecting the company's commitment to enhancing its technological capabilities[38]. - The company has established itself as a leader in the BAF technology sector, with multiple research centers and a strong focus on innovation and industry standards[33]. - The company aims to enhance its market competitiveness by focusing on urban wastewater treatment plant upgrades, rural wastewater treatment, and the remediation of polluted water bodies[34]. - The company has initiated research and development for new products aimed at improving environmental sustainability[175]. Business Operations and Strategy - The company operates in three main business areas: urban water environment governance, black and odorous water treatment, and rural water environment governance[28]. - The company aims to become a leading enterprise in the water environment governance sector by targeting wastewater treatment quality improvement and rural wastewater treatment[32]. - The company has developed the "Rapid-Move" system for black and odorous water treatment, which utilizes magnetic loading clarification technology and BAF proprietary technology[29]. - The company has a diversified product line for water treatment, including BAF core products and various customized solutions[30]. - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency[175]. Shareholder and Equity Information - The actual controller holds 14.10% of the company's shares, and the dispersed shareholding structure may lead to control instability, which the company is monitoring[76]. - The company plans no cash dividends or stock bonuses for the half-year period, focusing on reinvestment strategies instead[83]. - The company completed its initial public offering on January 20, 2021, issuing 20,650,000 shares, increasing total shares from 61,933,098 to 82,583,098[124]. - The net asset value per share for the first half of 2021 decreased from 12.55 RMB to 9.42 RMB after the share issuance[125]. - The total number of shares held by the company is 82,583,098, with 22.12% being freely tradable shares[193]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[87]. - The total COD discharge is 547.5 tons per year, with a concentration of 9.3 mg/L, which meets the GB18918 standard[87]. - The company has established and operates pollution prevention facilities that have passed environmental acceptance inspections[87]. - The company has implemented an environmental self-monitoring plan in compliance with national regulations[89]. - There were no administrative penalties due to environmental issues during the reporting period[89]. Risk Management - The company faces risks that have been detailed in the report, which investors should carefully consider[5]. - The company has implemented measures to mitigate risks related to government contracts and accounts receivable collection[73]. - Future growth is influenced by macroeconomic conditions, market competition, and technological innovation in wastewater treatment, with adverse changes potentially impacting profitability[75]. Miscellaneous - The company has not made any significant changes in the measurement attributes of its main assets during the reporting period[47]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[69][70]. - The half-year financial report has not been audited[96]. - The company has not reported any instances of overdue or unrecoverable funds from entrusted financial management[68].

Financial Performance - The company's operating revenue for Q1 2021 was ¥159,528,161.30, representing a 146.63% increase compared to ¥64,683,371.92 in the same period last year[7] - The net profit attributable to shareholders was ¥11,218,715.90, a 2.69% increase from ¥10,924,960.66 year-over-year[7] - The company reported a revenue of 159.53 million CNY for Q1 2021, an increase of 146.63% year-on-year[19] - The net profit attributable to shareholders was 11.22 million CNY, reflecting a growth of 2.69% compared to the previous year[19] - The total operating revenue for Q1 2021 was CNY 159,528,161.30, a significant increase from CNY 64,683,371.92 in the same period last year, representing a growth of approximately 146.3%[44] - The total operating costs amounted to CNY 148.49 million, with the operating costs alone at CNY 128.53 million, reflecting a year-on-year increase of 226%[46] - The net profit for Q1 2021 reached CNY 11.09 million, compared to CNY 10.86 million in the previous year, indicating a growth of about 2.1%[46] - The total profit for the quarter was CNY 12.90 million, compared to CNY 12.43 million in the previous year, marking an increase of approximately 3.8%[46] Cash Flow - The net cash flow from operating activities was -¥120,308,088.37, a significant decline of 736.77% compared to -¥14,377,678.35 in the previous year[7] - Cash flow from operating activities showed a net outflow of 120.31 million CNY, a decrease of 736.77% due to significant payments for franchise projects[18] - The cash flow from operating activities was CNY 104.50 million, a decrease from CNY 168.18 million in the previous year, representing a decline of approximately 37.9%[53] - Operating cash inflow totaled 108,025,703.76 CNY, while cash outflow from operating activities was 228,333,792.13 CNY, leading to a negative cash flow from operations[54] - The company reported a total cash and cash equivalents balance of 326,843,526.95 CNY at the end of the period, up from 85,221,342.37 CNY in the previous period[56] - The company’s cash and cash equivalents increased by 211,849,787.87 CNY during the period, contrasting with a decrease of 4,647,726.56 CNY in the previous period[55] - The company’s cash and cash equivalents increased by 172.43% to 334.91 million CNY due to funds raised from new share issuance[17] - The company recorded a credit impairment loss of CNY 2.14 million during the quarter[50] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,687,814,329.34, marking a 21.76% increase from ¥1,386,136,647.83 at the end of the previous year[7] - The total assets as of March 31, 2021, included accounts receivable of 228.02 million CNY, accounting for 13.51% of total assets[21] - The company’s inventory and contract assets totaled 443.38 million CNY, representing 26.27% of total assets[21] - Long-term receivables increased to CNY 364,470,497.46 from CNY 313,099,469.89, showing a growth of about 16.4%[37] - Total liabilities increased to CNY 914,603,532.10 from CNY 861,318,433.62, reflecting a growth of about 6.2%[38] - Owner's equity totaled CNY 773,210,797.24, up from CNY 524,818,214.21, indicating a growth of approximately 47.4%[39] - The total current assets increased from CNY 866,319,192.70 at the end of 2020 to CNY 1,119,820,024.35[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,471[11] - The largest shareholder, Ma'anshan An Gong Da Asset Management Co., Ltd., held 14.10% of the shares, totaling 11,645,205 shares[11] - The total number of shares held by the top 10 shareholders is 61,933,098, with 1,730,300 shares released from restrictions during the reporting period[15] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] - The total number of restricted shares at the end of the period is 62,921,719, with 2,718,921 shares newly restricted[15] Investment and Projects - The company has committed to invest CNY 35,000 million in various projects, with a current investment progress of 73.90%[28] - The company plans to change the implementation location of the "Intelligent Sewage Treatment Equipment Industrialization Project" to a new site in the Ma'anshan Economic and Technological Development Zone[28] - The company approved the use of CNY 65.60 million of raised funds to replace self-raised funds already invested in projects[28] - The cumulative amount of raised funds utilized is CNY 9,126.22 million, representing 0.00% of the total planned investment[27] Research and Development - Research and development expenses increased to 3.58 million CNY, a rise of 177.40% compared to the previous period[19] - Research and development expenses totaled CNY 3.58 million, which is an increase from CNY 1.29 million in the previous year, showing a growth of approximately 178%[46] Risks and Compliance - The company faces risks related to receivables collection and potential bad debts, with measures in place to monitor and manage these risks[21] - The company reported no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[29][30]

Financial Performance - The company's operating revenue for 2020 was CNY 587,458,169.13, representing a 6.20% increase compared to CNY 553,178,409.47 in 2019[11]. - The net profit attributable to shareholders for 2020 was CNY 72,559,227.80, a 2.17% increase from CNY 71,018,748.10 in 2019[11]. - The net profit after deducting non-recurring gains and losses was CNY 69,631,418.06, up 4.87% from CNY 66,399,497.59 in the previous year[11]. - The total assets at the end of 2020 amounted to CNY 1,386,136,647.83, reflecting a 14.72% increase from CNY 1,208,246,649.86 at the end of 2019[11]. - The net assets attributable to shareholders increased by 16.67% to CNY 518,687,578.82 at the end of 2020, compared to CNY 444,578,718.85 at the end of 2019[11]. - The basic earnings per share for 2020 were CNY 1.170, a 1.74% increase from CNY 1.150 in 2019[11]. - The weighted average return on equity for 2020 was 15.04%, down from 17.36% in 2019, indicating a decrease of 2.32%[11]. - The net cash flow from operating activities was negative at CNY -47,375,547.25, a significant decline of 148.01% compared to CNY 98,669,710.34 in 2019[11]. Revenue Breakdown - The company achieved a total revenue of 587 million yuan in 2020, with water environment governance engineering contributing 437 million yuan, water treatment product sales generating 78 million yuan, and sewage treatment investment operations accounting for 69 million yuan[34]. - The company reported a total of approximately $3.62 million in government subsidies related to business operations for 2020[24]. - The company’s water environment governance engineering accounted for 74.41% of total revenue, with a 24.80% increase from the previous year[57]. - The company’s revenue from the East China region was CNY 507.56 million, accounting for 86.40% of total revenue, with a growth of 15.06%[58]. - The wastewater treatment investment and operation business generated revenue of CNY 69.30 million, a significant increase of 63.43% year-on-year[52]. Market Position and Strategy - The company specializes in water environment governance, focusing on urban water environment management, black and odorous water treatment, and rural water environment governance[28]. - The company has developed the "Rapid-Move" system for black and odorous water treatment, which utilizes magnetic loading clarification separation technology and proprietary BAF technology[29]. - The company has established a comprehensive solution for rural water environment governance, integrating planning, design, investment, construction, and operation[29]. - The company focuses on the improvement of sewage treatment quality, black and odorous water treatment, and rural sewage treatment, aiming to enhance its core competitiveness through technological innovation[33]. - The company is committed to aligning its operations with national ecological civilization goals, focusing on enhancing its market competitiveness in the water environment governance sector[37]. Research and Development - The company has a stable and experienced R&D team, supported by partnerships with renowned universities and research institutions, ensuring ongoing technological leadership[41]. - The company has established a strong position in the BAF technology field, with multiple research centers and has participated in numerous national and provincial projects, achieving significant technological advancements[36]. - R&D expenses increased by 22.23% in 2020, amounting to ¥20,761,949.59, representing 3.53% of operating revenue[73]. - The number of R&D personnel decreased to 41, accounting for 8.13% of total employees, down from 9.19% in 2019[73]. Cash Dividends and Profit Distribution - The company plans to distribute a cash dividend of CNY 1.2 per 10 shares to all shareholders, based on a total share capital of 82,583,098 shares[5]. - The company’s profit distribution policy prioritizes cash dividends, aiming for at least 15% of distributable profits to be distributed in cash annually[102]. - The cash dividend for the year 2020 is 9,909,971.76 CNY, which accounts for 13.66% of the net profit attributable to ordinary shareholders[111]. - The total distributable profit for the company is 248,466,773.63 CNY, with the cash dividend amount representing 100% of the profit distribution[107]. - The company has maintained a consistent cash dividend policy over the past three years, with no dividends distributed in 2018 and 2019[111]. Risks and Challenges - The company has faced risks in its operational management, which are discussed in detail in the report, particularly regarding future development prospects[5]. - The company faces risks related to the potential default of government contracts for wastewater treatment projects, which could affect operations if local economic conditions worsen[95]. - Future growth is influenced by macroeconomic conditions, market competition, and technological innovation in wastewater treatment[97]. Shareholder Structure and Governance - The actual controller holds 14.10% of the company's shares, and a dispersed shareholding structure may lead to control instability[97]. - Eight shareholders have signed voting rights entrustment agreements to stabilize the control structure[98]. - The company has a registered capital of 29.715 million yuan[194]. - The controlling shareholder is a local state-owned entity, Ma'anshan An Gong Da Asset Management Co., Ltd., established in 2008[192]. - The company has committed to maintaining a stable shareholder voting rights delegation relationship[120]. Compliance and Legal Matters - The company has not faced any penalties or corrective actions during the reporting period, indicating compliance with regulatory requirements[157]. - The company has no significant litigation or arbitration matters during the reporting period, indicating a stable legal environment[156]. - The company has committed to compensating investors for any losses caused by false statements or omissions in its public offerings, demonstrating accountability[149]. Social Responsibility and Environmental Impact - The company emphasizes social responsibility, integrating it into its development strategy and corporate culture[175]. - The company has obtained environmental impact assessment reports and pollution discharge permits for its projects[179].