证券代码：300948 证券简称：冠中生态 公告编号：2023-046 债券代码：123207 债券简称：冠中转债 青岛冠中生态股份有限公司 1、截至本公告披露日，被冻结募集资金理财产品相关的募集资 金专户情况如下： 关于部分募集资金理财产品因司法冻结延期赎回的公告 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。 青岛冠中生态股份有限公司（以下简称"公司"或"冠中生 态"）于2023年8月7日收到兴业银行股份有限公司青岛分行（以下简 称"兴业银行青岛分行"）通知，公司本应于当日到期的募集资金理 财产品3,000万元因司法冻结无法按期赎回，对应利息亦无法结息。现 将相关情况公告如下： 二、募集资金理财产品专用结算账户被冻结的原因 经进一步了解，因公司分包商山东乾宸建筑工程有限公司（以下 简称"山东乾宸"）与其供应商云南皓盛民爆集团有限责任公司（以下 签约单位 产品名称 产品类 型 起息日 到期日 认购金 额（万 元) 是否 赎回 兴业银行 青岛分行 兴业银行企业 金融人民币结 构性存款产品 保本浮 动收益 型 2023.5.6 2023.8.7 3,000 否 ...

证券代码：300948 证券简称：冠中生态 青岛冠中生态股份有限公司 投资者关系活动记录表 回复：尊敬的投资者，您好！深圳证券交易所上市审核委 员会定于 2023 年 5 月 19 日召开 2023 年第 33 次上市审核委 员会审议会议，审议公司向不特定对象发行可转换公司债券 事项。 Q5：IPO 募集资金为什么一直理财，募投项目在正常推进吗？ 编号：2023-001 投资者关系活 动类别 特定对象调研 □分析师会议 □媒体采访 业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 参与单位名称 及人员姓名 参与公司 2022 年度网上业绩说明会的投资者 时间 2023 年 5 月 16 日（星期二）15:00-17:00 地点 全景网·路演天下 （https://rs.p5w.net/html/133011.shtml） 上市公司接待 人员姓名 董事长李春林先生 财务总监由芳女士 董事会秘书张方杰先生 独立董事吕航先生 保荐代表人黎慧明先生 投资者关系活 动主要内容介 绍 公司于 2023 年 5 月 16 日在全景网举办 2022 年度网上业绩 说明会，本次年度业绩说明会采用网络远程的方式举行，业 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥69,422,467.28, representing a 119.86% increase compared to ¥31,575,884.23 in the same period last year[5] - The net profit attributable to shareholders for Q1 2023 was ¥6,713,220.38, a 99.56% increase from ¥3,364,082.01 year-on-year[5] - The operating profit for Q1 2023 was ¥8,906,535.26, reflecting a 264.89% increase from ¥2,440,876.95 in Q1 2022[10] - The company reported a 252.82% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to ¥7,155,035.52 compared to ¥2,027,963.80 in the previous year[5] - Net profit for Q1 2023 was CNY 6,713,220.38, compared to CNY 3,338,404.35 in Q1 2022, representing a 101% increase[22] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.0479, up from CNY 0.0240 in the previous year[22] Cash Flow - The net cash flow from operating activities reached ¥16,167,443.07, a significant improvement of 366.84% compared to -¥6,058,789.35 in Q1 2022[5] - The net cash flow from operating activities for Q1 2023 was ¥16,167,443.07, a significant improvement from a net outflow of ¥6,058,789.35 in Q1 2022, representing a turnaround of over 367%[24] - Total cash inflow from investment activities was ¥30,172,590.10, while cash outflow was ¥62,256,438.94, resulting in a net cash flow from investment activities of -¥32,083,848.84[24] - Cash inflow from financing activities amounted to ¥55,000,000.00, with cash outflow totaling ¥65,860,016.22, leading to a net cash flow from financing activities of -¥10,860,016.22[24] - The company’s net cash increase for the quarter was -¥26,776,421.99, compared to -¥38,542,050.24 in Q1 2022, indicating an improvement in cash flow dynamics[24] Assets and Liabilities - The company's total assets at the end of Q1 2023 were ¥1,298,595,816.55, a decrease of 1.78% from ¥1,322,097,613.47 at the end of the previous year[5] - The total liabilities increased significantly, with accounts payable rising by 137.42% to ¥25,595,704.98, attributed to the use of acceptance bills for supplier payments[10] - As of March 31, 2023, the total current assets amounted to CNY 1,078,324,384.66, a decrease from CNY 1,103,071,807.81 at the beginning of the year, reflecting a decline of approximately 2.25%[17] - The cash and cash equivalents decreased to CNY 145,328,711.30 from CNY 169,919,390.07, representing a decline of about 14.54%[17] - Total liabilities decreased to CNY 450,421,848.63 from CNY 480,636,865.93, indicating a reduction in financial obligations[19] - The company's equity attributable to shareholders increased to CNY 848,175,581.14 from CNY 841,462,360.76, showing a growth in shareholder value[19] Investment and Development - The company reported an investment income of CNY 649,343.48, significantly higher than CNY 26,091.43 in Q1 2022, indicating improved investment performance[20] - The company is actively pursuing market expansion and new product development strategies as part of its growth initiatives[15] - The company received acceptance from the Shenzhen Stock Exchange for its application to issue convertible bonds on January 18, 2023[15] Research and Development - Research and development expenses for Q1 2023 were CNY 3,034,338.05, down from CNY 3,715,838.19 in the same period last year[20] Governance - The company’s actual controller holds a combined 50.25% stake, ensuring stable governance and strategic direction[15] Other Financial Metrics - The weighted average return on equity increased to 0.79% from 0.42% year-on-year[5] - The company’s long-term equity investments were valued at CNY 61,481,238.51, slightly up from CNY 60,905,279.16[17] - The company reported a total of CNY 80,669,316.53 in trading financial assets, an increase from CNY 50,206,112.88, marking a growth of approximately 60.55%[17] - Inventory increased to CNY 5,105,850.07 from CNY 4,245,641.63, reflecting an increase of about 20.24%[17] - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the non-current assets section[17] Audit Status - The report for Q1 2023 was not audited, as stated by the company’s board[25]

Financial Performance - The company's operating revenue for 2022 was ¥453,349,628.91, representing a 12.77% increase compared to ¥402,028,962.94 in 2021[19]. - The net profit attributable to shareholders for 2022 was ¥56,234,584.04, a decrease of 28.02% from ¥78,127,175.03 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥48,861,808.40, down 28.03% from ¥67,895,114.52 in 2021[19]. - The total assets at the end of 2022 reached ¥1,322,097,613.47, a 20.50% increase from ¥1,097,137,162.85 at the end of 2021[19]. - The net assets attributable to shareholders increased by 5.78% to ¥841,462,360.76 from ¥795,487,405.57 in 2021[19]. - The basic earnings per share for 2022 was ¥0.4016, a decrease of 30.03% from ¥0.5740 in the previous year[19]. - The weighted average return on net assets was 6.88%, down from 10.90% in 2021, reflecting a decline of 4.02%[19]. - The total operating cost for 2022 was CNY 327,900,505.97, an increase of 37.80% compared to CNY 237,961,489.72 in 2021[82]. - The company reported a decrease in mechanical costs by 61.00% to CNY 7,311,018.44, which represented only 2.23% of the total operating cost[82]. - The company achieved a gross profit margin of 27.67% in the ecological protection and environmental governance sector, down 13.14% from the previous year[77]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to -¥14,225,035.20, an 88.17% increase from -¥120,221,087.74 in 2021[19]. - The cash generated from operating activities was negative in Q1, Q3, and Q4 2022, with Q1 showing a cash outflow of ¥6,058,789.35 and Q4 a cash outflow of ¥18,908,166.56[21]. - The net cash flow from operating activities increased by 88.17% compared to the previous year, primarily due to a significant increase in cash received from sales of goods and services[95]. - The net cash flow from investment activities increased by 10.45% year-on-year, mainly due to cash received from the disposal of subsidiaries and other operating units[96]. - The net cash flow from financing activities decreased by 66.46% compared to the previous year, primarily due to the net amount of funds raised from the public offering of shares in the previous year being 258 million yuan[96]. - The total investment amount for the reporting period was 15,152,701.98 yuan, a decrease of 92.78% compared to the previous year's investment amount of 209,939,860.95 yuan[105]. Business Operations and Market Strategy - The company operates in the ecological protection and environmental governance industry, which is experiencing rapid growth due to increasing government support and policy initiatives[28]. - The company is focusing on expanding its business into ecological restoration and environmental governance, aligning with national strategies for sustainable development[31]. - The company has established a unique integrated business chain that includes raw material production, key equipment customization, and assembly, enhancing management efficiency and cost advantages[41]. - The company has signed multiple large-scale EPC projects, indicating a strategic focus on expanding its market presence nationally[54]. - The company plans to adopt more complex project models like PPP and EPC+F to undertake larger ecological restoration projects[49]. - The company is actively involved in carbon trading and forestry carbon sinks, which are expected to provide new development models and opportunities in the context of China's carbon neutrality goals[36]. - The company has extended its industry chain and expanded business segments, including soil pollution remediation and native tree seedling projects, contributing to new profit growth points[67]. Research and Development - The company has maintained a strong focus on R&D, developing unique technologies for ecological restoration, including specialized soil preparation and spraying techniques[62]. - Research and development expenses increased by 19.13% to CNY 17,434,695.96, attributed to a higher number of ongoing projects and increased investment[88]. - The number of R&D personnel increased by 30% from 60 in 2021 to 78 in 2022, with a notable rise in the 30-40 age group by 56%[93]. - The company is focusing on research and development of lightweight substrate seedling technology to significantly improve afforestation survival rates and reduce maintenance costs[89]. - The company is developing a zero-carbon building technology system aimed at achieving negative carbon emissions in construction projects[92]. - The company has filed for 21 new patents, bringing the total number of valid patents to 44, along with 7 software copyrights[73]. Corporate Governance and Management - The company has a governance structure that includes independent directors and supervisors, ensuring compliance with regulations[154]. - The company’s management team includes experienced professionals with diverse backgrounds, contributing to strategic decision-making[156]. - The company has established a remuneration decision-making process based on performance, capability, and industry standards[165]. - The board of directors held a total of 6 meetings during the reporting period, with all members attending at least 1 meeting in person[168]. - The company has not reported any significant changes in its management structure during the reporting period[155]. - The company has implemented a performance-oriented compensation strategy, linking total compensation to company performance and individual contributions[177]. Shareholder Engagement and Profit Distribution - The company distributed a cash dividend of RMB 7,000,500, which is 100% of the total profit distribution amount, with a base of 140,010,000 shares[181]. - The company has committed to a cash dividend policy, distributing at least 10% of the annual distributable profits in cash, with a cumulative cash distribution over the last three years not less than 30% of the average annual distributable profits[199]. - The company plans to prioritize cash dividends, especially in mature stages of development, with a minimum cash dividend proportion of 80% if there are no significant capital expenditure plans[199]. - The company will provide multiple communication channels for shareholders, especially minority shareholders, to express their opinions and concerns regarding profit distribution[200]. Risks and Challenges - The company faces risks from macroeconomic fluctuations and policy changes, which could impact local government finances and project payment efficiency, potentially affecting business expansion and performance[128]. - The company is at risk of inventory impairment and contract asset depreciation due to potential delays in project acceptance and settlement, particularly with government clients[130]. - The company is implementing measures to mitigate bad debt risks from accounts receivable, including intensified collection efforts during key payment periods[131]. - The company's gross margin may fluctuate due to various factors, including project type and market competition, necessitating ongoing cost control and market adaptation[132]. Environmental and Social Responsibility - The company is classified as a low-energy, low-pollution enterprise and is not listed as a key pollutant discharge unit by environmental protection authorities[190]. - The company actively responds to national carbon neutrality policies and integrates low-carbon operations into its management processes[190]. - The company donated 10,000 yuan to a local school to support educational development in rural areas[192].

证券代码：300948 证券简称：冠中生态 公告编号：2023-018 青岛冠中生态股份有限公司 关于举行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。 青岛冠中生态股份有限公司(以下简称"公司") 2022年年度报告全 文及其摘要于2023年4月28日在中国证监会指定的创业板信息披露网站巨 潮资讯网（http://www.cninfo.com.cn）上披露。 为便于广大投资者更深入全面地了解公司情况，公司定于2023年5月 16日（周二）15:00-17:00在全景网举办2022年度网上业绩说明会，本次 年度业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投资 者关系互动平台"（https://ir.p5w.net）参与本次年度业绩说明会。 出席本次说明会的人员有：公司董事长李春林先生、财务总监由芳女 士、独立董事吕航先生、董事会秘书张方杰先生、保荐代表人黎慧明先生。 如有特殊情况，参会人员可能进行调整。 为广泛听取投资者的意见和建议，增进投资者对公司的了解和认同， 以提升公司治理水平和企业整体价值，现就2022年度 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥150,507,694.74, a decrease of 6.04% compared to ¥160,176,245.47 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was ¥24,680,617.39, down 23.46% from ¥32,244,412.91 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥22,092,690.56, a decline of 26.23% compared to ¥29,946,129.15 in the same period last year[20]. - Basic earnings per share decreased by 27.72% to ¥0.1763 from ¥0.2439 in the same period last year[20]. - The company's operating revenue for the reporting period was ¥150,507,694.74, a decrease of 6.04% compared to ¥160,176,245.47 in the previous year, primarily due to insufficient project commencement rates affected by the COVID-19 pandemic[55]. - Operating costs increased by 13.35% to ¥107,970,612.44 from ¥95,250,613.39, attributed to higher costs associated with comprehensive governance projects[55]. - The company reported a total non-operating income of CNY 2,587,926.83, primarily driven by government subsidies and investment income from financial assets[24]. - The company reported a total investment commitment of RMB 45,448.2 million, with cumulative investment reaching RMB 25,774.24 million, achieving 100.94% of the planned progress[73]. - The total comprehensive income for the first half of 2022 was CNY 32,244,412.91, reflecting a significant increase compared to the previous period[180]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥24,658,608.30, compared to a negative cash flow of ¥25,512,359.29 in the previous year, marking a 196.65% increase[20]. - The company's cash and cash equivalents decreased by 55.74% to -¥15,888,350.77, compared to -¥35,895,282.75 in the previous year, indicating a significant increase in cash inflows[55]. - The company's cash flow from sales of goods and services was ¥169,273,391.56, a substantial increase from ¥91,251,505.00 in the first half of 2021, marking an increase of approximately 85%[170]. - The net cash flow from investment activities was -¥98,239,750.02, an improvement from -¥242,948,610.94 in the previous year, showing a reduction in cash outflow related to investments[172]. - Cash inflow from financing activities totaled ¥66,508,000.00, a decrease from ¥272,420,000.00 in the first half of 2021, indicating a shift in financing strategy[172]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,158,854,441.01, reflecting a 5.63% increase from ¥1,097,137,162.85 at the end of the previous year[20]. - The total amount of trade receivables was CNY 236,054,270.99, accounting for 20.37% of total assets, slightly down from 21.35% last year[62]. - The company's total liabilities increased, with short-term borrowings and accounts payable contributing to a total asset growth of 5.63% compared to last year[62]. - The company's long-term equity investments increased to CNY 64,493,605.95, representing 5.57% of total assets, up from 4.85% last year[62]. - The proportion of contract assets increased by 3.46% to ¥387,696,245.94, indicating ongoing projects that have not yet reached payment milestones[61]. Business Operations and Strategy - The company operates in the ecological environment construction sector, focusing on ecological restoration and urban environmental construction, which is expected to grow significantly due to supportive government policies[28]. - The company has developed unique ecological restoration technologies, enabling rapid and large-scale afforestation in challenging environments[31]. - The company is expanding its business into soil pollution remediation and factory seedling cultivation, aiming for significant growth in these areas[34]. - The company has adopted an EPC model for project execution, allowing it to offer comprehensive environmental solutions to clients[37]. - The company signed new project contracts totaling CNY 685 million during the reporting period, including 3 EPC projects[41]. Research and Development - The company’s R&D investment reached CNY 11.08 million, a year-on-year increase of 57%[43]. - Research and development investment rose by 56.86% to ¥11,077,648.62, reflecting an increase in the number and funding of ongoing R&D projects compared to the previous year[55]. - The company has a R&D team of 66 members, with 92% holding a bachelor's degree or higher[43]. Risk Management - The management has disclosed potential risks and corresponding measures in the report, emphasizing the importance of investor awareness regarding forward-looking statements[3]. - The company is facing risks related to macroeconomic conditions and potential tightening of fiscal policies, which could impact project funding and execution[83]. - Risks of inventory impairment and contract asset impairment are present due to potential delays in project acceptance and settlement, especially with government clients[86]. - The company acknowledges management risks associated with its expanding operational scale and aims to strengthen internal controls and management systems[88]. Corporate Governance and Social Responsibility - The company promotes a core value of mutual benefit and win-win relationships with stakeholders, emphasizing social responsibility[100]. - The company is committed to protecting investor rights through transparent governance and effective communication[101]. - Employee welfare and rights are prioritized, with a focus on creating a supportive work environment and career development opportunities[102]. - The company has been actively involved in social responsibility initiatives, including donations for rural revitalization and poverty alleviation[106]. Legal Matters - The company is involved in a lawsuit regarding unpaid project payments amounting to 15.2 million yuan[116]. - The company is currently in litigation with Tianrui Group over a contract dispute, with no significant impact expected on the company[116]. - The company has taken legal action against Kavin Di for unpaid project payments, with ongoing appeals[116]. Shareholder Structure - The company’s stock structure includes 35,010,000 unrestricted shares, which now represent 49.75% of the total shares after the recent changes[140]. - The largest shareholder, Qingdao Guanzhong Investment Group Co., Ltd., holds 35.79% of the shares, totaling 50,115,750 shares[146]. - The company has a total of 10 major shareholders, with the top three holding a combined 47.39% of the shares[146].

Financial Performance - The company's revenue for Q1 2022 was ¥31,575,884.23, a decrease of 21.72% compared to ¥40,334,819.18 in the same period last year[3] - Net profit attributable to shareholders was ¥3,364,082.01, down 60.79% from ¥8,579,301.35 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥2,027,963.80, a decline of 73.69% compared to ¥7,708,575.50 in the previous year[3] - The total profit for Q1 2022 was ¥3,749,487.62, a decrease of 61.50% from ¥9,738,600.93 in the previous year[10] - In Q1 2022, the company reported a net profit of CNY 3,338,404.35, a decrease of 61.1% compared to CNY 8,579,301.35 in the same period last year[28] - The company's operating profit for Q1 2022 was CNY 2,440,876.95, down 72% from CNY 8,714,217.52 in Q1 2021[28] - The total comprehensive income for Q1 2022 was CNY 3,338,404.35, down 61.1% from CNY 8,579,301.35 in Q1 2021[28] Cash Flow and Assets - The net cash flow from operating activities improved to -¥6,058,789.35, an 82.17% increase from -¥33,982,753.23 in the same period last year[3] - The company's cash and cash equivalents decreased to CNY 124,577,604.95 from CNY 162,722,023.69 at the beginning of the year, reflecting a cash flow challenge[22] - The company's cash and cash equivalents at the end of Q1 2022 were CNY 114,161,494.79, a decrease from CNY 270,426,723.53 at the end of Q1 2021[30] - The total assets at the end of the reporting period were ¥1,115,160,425.27, a 1.64% increase from ¥1,097,137,162.85 at the end of the previous year[3] - The total liabilities increased to CNY 316,181,384.57 from CNY 301,651,370.50, suggesting a rise in financial obligations[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,964[12] - Qingdao Guanzhong Investment Group Co., Ltd. holds 35.79% of shares, totaling 50,115,750 shares[12] - Xu Jianping holds 8.78% of shares, totaling 12,299,250 shares[12] - The total number of restricted shares at the beginning of the period was 105,000,000, with 34,650,000 shares released during the period[15] - At the end of the period, the total number of restricted shares is 70,350,000[15] - The company plans to release 50,115,750 shares from Qingdao Guanzhong Investment Group on February 25, 2024[16] - The company has a significant number of shareholders with limited sale conditions, including Shenzhen Innovation Investment Group holding 5,734,750 shares[12] - The company has a diverse shareholder base with multiple entities holding over 1% of shares[12] - The total number of shares held by the top 10 shareholders represents a significant portion of the company's equity[12] - The company is actively managing its shareholder structure and preparing for future liquidity events[15] Research and Development - The company's R&D expenses increased by 106.25% to ¥3,715,838.19 compared to ¥1,801,629.37 in the same period last year[9] - Research and development expenses increased significantly to CNY 3,715,838.19, up 106.7% from CNY 1,801,629.37 in the previous year[30] Project and Contract Wins - The company won the "High Qing County Urban and Rural Greenway Network Project" with a total investment of approximately CNY 32.6 million and a contract value of about CNY 31.948 million, expected to positively impact financial results in 2022 and future years[17] - The company was the first-ranked bidder for the "Fushan Fire Passage (Greenway) Renovation and Upgrade" project, with a total bid amount of CNY 149,950,393.02[20] Operating Costs - The total operating costs for Q1 2022 were CNY 31,237,153.84, down from CNY 32,104,023.18 in the previous year, indicating a cost reduction strategy[26]

Financial Performance - The company's operating revenue for 2021 was CNY 402,028,962.94, representing a 37.66% increase compared to CNY 292,036,715.35 in 2020[25]. - The net profit attributable to shareholders for 2021 was CNY 78,127,175.03, a 23.05% increase from CNY 63,492,006.78 in 2020[25]. - The net cash flow from operating activities was negative CNY 120,221,087.74, a decrease of 253.60% compared to CNY 78,269,007.66 in 2020[25]. - The total assets at the end of 2021 were CNY 1,097,137,162.85, a 56.36% increase from CNY 701,656,679.29 at the end of 2020[25]. - The net assets attributable to shareholders at the end of 2021 were CNY 795,487,405.57, up 70.31% from CNY 467,085,072.99 at the end of 2020[25]. - The basic earnings per share for 2021 was CNY 0.5740, a 5.48% increase from CNY 0.5442 in 2020[25]. - The company received government subsidies amounting to CNY 9,854,573.80 in 2021, compared to CNY 1,848,968.31 in 2020[30]. - The company reported a total of CNY 10,232,060.51 in non-recurring gains and losses for 2021, significantly higher than CNY 1,495,436.95 in 2020[31]. - The company experienced a decline in the weighted average return on equity, which was 10.90% in 2021, down from 14.63% in 2020[25]. - The gross profit margin for 2021 was reported at 30%, a slight increase from 28% in 2020, indicating improved operational efficiency[163]. Risks and Challenges - The company faces risks related to inventory depreciation and contract asset impairment due to potential delays in project acceptance and settlement with government clients[8]. - The company has a relatively high proportion of accounts receivable, which may lead to bad debt risks if clients fail to make timely payments[9]. - The ongoing global pandemic presents uncertainties that may affect the company's business expansion and project timelines[6]. - The company faces risks from macroeconomic conditions and potential government funding shortages, which could impact project investments and payment efficiency[125]. - The company is at risk of inventory depreciation and contract asset impairment due to delays in project acceptance and settlement processes[129]. - The company is addressing accounts receivable risks by intensifying collection efforts, especially during key payment periods[130]. Talent and Human Resources - The company is experiencing a talent shortage in specialized R&D and project management due to rapid business growth, despite efforts to enhance recruitment and training[7]. - The company has established a complete employee compensation and incentive system to attract and retain talent[7]. - The number of R&D personnel increased by 62.16% from 37 in 2020 to 60 in 2021, with a notable rise in personnel holding master's degrees by 63.64%[86]. - The company aims to enhance its talent evaluation mechanism and continue its talent strategy, increasing the number of personnel at various levels to support business growth[124]. - The company completed training for over 300 employees through a combination of online and in-person sessions in 2021[181]. Business Operations and Strategy - The company operates a comprehensive ecological restoration business model, integrating investment, technical consulting, material production, and project management[41]. - The company has established a unique "Guanzhong Ecology" theoretical system for ecological restoration, emphasizing natural plant communities and minimal human intervention[48]. - The company aims to restore ecological functions and structures in degraded areas, ensuring sustainable development of the environment[41]. - The company signed contracts totaling 629 million yuan in the reporting period, with 86% of projects adopting the EPC model[45]. - The company has implemented comprehensive safety management measures, achieving a reduction in accident rates and improving safety awareness across all project levels[64]. - The company is focusing on expanding its market presence and enhancing its service offerings through strategic investments and partnerships in the ecological protection sector[78]. - The company aims to enhance its ecological restoration services and product offerings through new technologies and market expansion initiatives[86]. Research and Development - The company maintained high R&D investment, with expenses of 13.20 million yuan, 14.57 million yuan, and 14.64 million yuan in 2019, 2020, and 2021 respectively[52]. - The company is investing heavily in R&D, allocating 100 million RMB for the development of new technologies and products in 2022[164]. - The company has developed new technologies for ecological restoration, enabling rapid industrial application and contributing to new orders from challenging regions[53]. - The company is researching a solar-water source heat pump central air conditioning system to achieve "zero carbon" emissions in green buildings, which will lower operational costs and open new product directions[83]. - The company is developing a lightweight substrate non-woven bag seedling technology that significantly improves seedling survival rates and accelerates afforestation speed, reducing maintenance costs[83]. Governance and Compliance - The company has established a complete and independent financial accounting system in accordance with the Enterprise Accounting Standards, enabling independent financial decision-making[148]. - The company operates independently in terms of assets, personnel, finance, organization, and business, ensuring no reliance on the controlling shareholder[145]. - The board of directors consists of 9 members, including 3 independent directors, meeting the requirements of the Company Law and relevant regulations[138]. - The company maintains a transparent information disclosure process, ensuring all shareholders have equal access to information[141]. - The company has established independent functional departments that operate without influence from the controlling shareholder[149]. Market Expansion and Future Plans - The company aims to strengthen its market presence in Shandong while expanding into other regions, particularly in Southwest, Northwest, Northeast, and South China[119]. - The company plans to align its strategies with national carbon neutrality goals, emphasizing ecological civilization as a key focus for high-quality development[110]. - The company is focused on expanding its market presence and enhancing its product offerings, particularly in ecological and environmental sectors[159]. - Qingdao Guanzhong plans to enter two new markets in Southeast Asia by the end of 2022, aiming to increase its market share by 5% in these regions[163]. - The company has completed a strategic acquisition of a local competitor for 200 million RMB, expected to enhance its operational capabilities and market presence[164]. Community Engagement and Social Responsibility - The company actively supports rural revitalization and poverty alleviation, donating a total of 70,000 RMB to various community projects[198]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[196].

Financial Performance - The company's operating revenue for Q3 2021 was ¥90,689,977.96, representing a 56.12% increase compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥18,115,923.75, a 65.21% increase year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,601,329.80, showing a 3.75% increase compared to the same period last year[3] - The basic earnings per share for Q3 2021 was ¥0.13, down 18.75% year-on-year[3] - The weighted average return on equity was 2.39%, a slight decrease of 0.05% compared to the same period last year[3] - Total operating revenue for Q3 2021 was CNY 250,866,223.43, an increase of 10.5% compared to CNY 226,710,734.96 in the same period last year[23] - Net profit for Q3 2021 was CNY 50,360,336.66, a decrease of 6.4% from CNY 53,420,432.15 in Q3 2020[24] - Basic and diluted earnings per share were both CNY 0.37, down from CNY 0.76 in the previous year[24] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥1,007,313,007.60, reflecting a 43.56% increase from the end of the previous year[3] - The equity attributable to shareholders increased by 64.36% to ¥767,720,567.20 compared to the end of the previous year[3] - The total current assets amounted to ¥564,538,210.80 as of the third quarter of 2021[30] - The total assets of the company as of September 30, 2021, are ¥1,007,313,007.60, compared to ¥701,656,679.29 at the end of 2020[21] - The company's total liabilities as of September 30, 2021, are ¥239,592,440.40, compared to ¥234,571,606.30 at the end of 2020[21] - The total liabilities amounted to ¥234,702,860.95, indicating a slight increase due to the new leasing liabilities[31] - The total number of restricted shares at the end of the period is 105,000,000, with 1,811,848 shares released during the period[15] Cash Flow - The cash flow from operating activities showed a negative net amount of ¥83,708,184.74, a decrease of 227.39% compared to the same period last year[3] - The net cash flow from operating activities decreased by 227.39% to approximately -¥83.71 million, mainly due to a reduction in cash received from sales of goods and services[9] - Cash flow from operating activities showed a net outflow of CNY -83,708,184.74, compared to a net inflow of CNY 65,708,760.59 in the same period last year[26] - Cash flow from investing activities resulted in a net outflow of CNY -144,843,960.00, worsening from a net outflow of CNY -25,659,400.15 year-over-year[27] - Cash flow from financing activities generated a net inflow of CNY 229,267,351.29, compared to a net outflow of CNY -5,095,628.41 in the previous year[27] Investments and Expenses - The company has increased its investment in long-term equity by 160.39% to ¥52,804,837.93, reflecting a strategic focus on joint ventures[8] - The company's sales expenses increased by 83.28% year-on-year, reaching approximately ¥4.62 million, primarily due to higher employee compensation and bidding service fees[9] - Investment income rose by 119.58% year-on-year to approximately ¥2.95 million, attributed to gains from purchased bank wealth management products[9] - Research and development expenses increased to CNY 11,120,948.02, up from CNY 10,396,829.59 in the same period last year[23] Government and Financing Activities - The company reported a net cash flow from financing activities of approximately ¥229.27 million, a significant increase of 4,599.29%, primarily from the proceeds of the initial public offering[9] - The company recorded a significant increase in government subsidies, with non-operating income rising by 385.99% to approximately ¥9.72 million[9] - The company has newly incurred long-term borrowings of ¥5 million, reflecting its strategy to enhance liquidity[9] - The company has a cash balance of ¥120,956,936.15 as of September 30, 2021, compared to ¥113,045,626.45 at the end of 2020[19] Contracts and Projects - The company has signed a contract for the "Leping City Abandoned Mine Ecological Restoration Project" with a total contract price of approximately ¥50,866,597.22[16] - The company is involved in the "Jianshui County Historical Mine Ecological Restoration Project" with an estimated total investment of ¥454,075,700, including approximately ¥400,000,000 for engineering costs[18] - The company has ongoing contracts that are expected to positively impact its financial status and operating results for 2021 and future years[18] Miscellaneous - The third quarter report for 2021 was not audited, indicating a preliminary financial status[32] - The company has not disclosed any new product developments or market expansion strategies in the current report[32]

Financial Performance - The company reported a total revenue of RMB 200 million for the first half of 2021, representing a 15% increase compared to the same period last year[16]. - The net profit attributable to shareholders was RMB 30 million, up 10% year-on-year[16]. - The company's operating revenue for the reporting period was CNY 160,176,245.47, a decrease of 5.01% compared to the same period last year[23]. - The net profit attributable to shareholders was CNY 32,244,412.91, reflecting a decline of 24.05% year-over-year[23]. - The basic earnings per share decreased by 60.66% to CNY 0.24[23]. - The total comprehensive income for the first half of 2021 was CNY 33,225,023.55, compared to CNY 40,250,523.63 in the same period of 2020, reflecting a decrease of approximately 17.5%[159]. - Basic and diluted earnings per share for the first half of 2021 were both CNY 0.25, down from CNY 0.58 in the first half of 2020, indicating a decline of about 56.9%[162]. - The company reported a profit distribution of CNY -7,467,200.00 during the first half of 2021, indicating a decrease in retained earnings[168]. Investment and Development - The company plans to invest RMB 50 million in new product development and technology research in the upcoming year[16]. - The company has committed to invest a total of RMB 45,448.20 million, with RMB 25,774.24 million already utilized, representing a progress rate of 56.73%[70]. - The ecological restoration product production project has achieved an investment of RMB 10,242.00 million, with a progress rate of 10.03% as of December 2023[70]. - The supplementary engineering project has seen an investment of RMB 15,532.24 million, achieving a progress rate of 16.33%[70]. - Research and development investment increased by 3.20% to ¥7,062,215.51 from ¥6,843,421.62 in the previous year[49]. Market Strategy and Expansion - The company has outlined a market expansion strategy targeting three new provinces by the end of 2022[16]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[16]. - The company has adopted various market development strategies, including collaboration with state-owned enterprises and local quality upstream companies to enhance competitiveness in external markets[38]. - The company is transitioning to more complex project models such as PPP and EPC to enhance its service offerings and project scale[38]. Operational Challenges and Risks - Risk management strategies have been implemented to address potential market fluctuations and operational challenges[5]. - The ongoing global pandemic poses risks to project bidding and implementation, prompting the company to enhance online bidding capabilities[80]. - The company faces macroeconomic risks, particularly related to government financing and investment activities, which could impact business performance[79]. - The company is actively addressing potential talent shortages due to rapid business growth by improving recruitment and training strategies[80]. Corporate Governance and Shareholder Relations - No cash dividends or stock bonuses will be distributed to shareholders for this reporting period[6]. - The company did not distribute cash dividends or bonus shares for the half-year period[86]. - The first temporary shareholders' meeting had a participation rate of 65.57% on March 22, 2021[84]. - The annual shareholders' meeting had a participation rate of 64.92% on May 18, 2021[84]. - The company actively participated in investor education and protection activities, enhancing investor relations through online performance briefings[90]. Financial Position and Assets - The total assets at the end of the reporting period amounted to CNY 998,083,345.63, representing an increase of 42.25% from the end of the previous year[24]. - The net assets attributable to shareholders increased by 60.49% to CNY 749,604,643.45 compared to the previous year[24]. - The total liabilities stood at CNY 248,478,702.18, slightly up from CNY 234,571,606.30, indicating an increase of around 5.0%[146]. - The total equity attributable to shareholders rose to CNY 749,604,643.45 from CNY 467,085,072.99, reflecting a significant increase of approximately 60.3%[147]. - The company reported a significant increase in long-term equity investments, rising to CNY 52,127,429.07, which is 5.22% of total assets, an increase of 2.33%[56]. Project Management and Execution - The company has implemented refined project management practices, ensuring project quality while reducing costs through comprehensive monitoring[39]. - Ongoing typical ecological restoration projects include the Zibo High-tech Zone Muling Mountain Project and the Haicheng Magnesium Mine Ecological Restoration Project[37]. - The company has completed numerous ecological restoration projects across 70 cities in 30 provinces and regions, demonstrating extensive cross-regional project experience[45]. - The company has significantly improved its capability to undertake large and complex ecological restoration projects, including water environment governance and comprehensive management projects[36]. Accounting and Financial Reporting - The half-year financial report has not been audited[97]. - The financial statements were prepared based on the going concern assumption, indicating the company's ability to continue operations[185]. - The accounting policies are aligned with the enterprise accounting standards, ensuring accurate financial reporting[187]. - The company adopts the book value measurement method for assets and liabilities acquired in business combinations under common control, adjusting the capital reserve for the difference between the net asset book value and the payment for the merger[191]. Social Responsibility and Community Engagement - The company provided over 20,000 yuan worth of rice for disaster relief after the 6.4 magnitude earthquake in Dali, Yunnan[92]. - The company has implemented a "life community building" indoor air self-circulation system to promote energy conservation and emission reduction[92].