Financial Performance - The company reported significant financial metrics in the first half of 2023, with a focus on revenue growth and profitability [15]. - The company's revenue for the first half of 2023 was ¥108,412,705.36, representing a 10.94% increase compared to ¥97,718,869.43 in the same period last year [22]. - The net profit attributable to shareholders was -¥32,180,293.14, a decrease of 547.64% from ¥7,188,938.93 in the previous year [22]. - The net cash flow from operating activities was -¥40,097,554.94, down 306.56% from ¥19,411,675.33 in the same period last year [22]. - Financial indicators show a robust performance with a year-on-year increase in key revenue figures [15]. - The company achieved operating revenue of 108.41 million yuan in the first half of 2023, an increase of 10.94% year-on-year [36]. - The net profit attributable to shareholders was -32.18 million yuan, a decrease of 547.64% compared to the same period last year [36]. - The gross profit margin for hazardous waste disposal decreased by 23.83% to 5.70%, while the gross profit margin for electronic waste disposal decreased by 5.07% to -11.93% [46]. Operational Efficiency and R&D - The company is committed to enhancing its operational efficiency through innovative waste management solutions [15]. - The management emphasized ongoing research and development efforts for new technologies and products to enhance market competitiveness [15]. - The company holds 58 patented technologies related to hazardous waste disposal and electronic waste dismantling, enhancing its capabilities in waste treatment and resource utilization [42]. - The company is focusing on research and development to improve hazardous waste disposal efficiency and increase resource utilization levels, thereby reducing risks associated with demand fluctuations in the environmental protection industry [71]. - The company is committed to maintaining stable R&D investment and introducing professional talent to enhance its competitive edge in hazardous waste disposal technology [73]. Market Expansion and Strategic Initiatives - Future outlook includes strategic market expansion initiatives aimed at increasing market share and customer base [15]. - The company is exploring potential mergers and acquisitions to strengthen its position in the environmental technology sector [15]. - The company is actively pursuing partnerships to leverage synergies in technology and market access [15]. - The company aims to establish strategic partnerships with major clients to expand the hazardous waste market and improve revenue and profitability [77]. - The company plans to enhance its market expansion strategies, focusing on new product development and technological advancements [171]. Financial Management and Governance - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves [5]. - The company has committed to enhancing governance levels and protecting the rights of shareholders and creditors [94]. - The company emphasizes the importance of maintaining the legitimate rights and interests of all shareholders [103]. - The company guarantees that the content of the prospectus is true, accurate, and complete, with no false records or misleading statements [104]. - The company will compensate investors for losses incurred due to any identified false records or misleading statements, with compensation amounts determined by the court or through negotiation [104]. Environmental and Social Responsibility - The company has been recognized as a key pollutant discharge unit and complies with the latest environmental protection standards [86]. - The company has established pollution prevention facilities that are operating normally and have effectively reduced pollutant emissions [88]. - The company emphasizes the harmonious integration of economic, environmental, and social benefits in its operations [94]. - The company focuses on employee rights protection and provides comprehensive training to enhance employee skills [95]. - The company has established a comprehensive social insurance system for employees, including pension, medical, work injury, unemployment, and maternity insurance, ensuring timely and full payment of insurance fees [96]. Challenges and Risks - The company faces intensified competition in the hazardous waste treatment industry, leading to a significant decrease in treatment prices, impacting revenue and profit [69]. - The company acknowledges the risk of performance decline due to various external factors and is actively seeking to diversify its business structure to avoid reliance on a single revenue source [75]. - The company faces risks related to management difficulties due to rapid expansion, necessitating improvements in organizational structure and internal controls [74]. - The overall project progress has been affected by economic slowdown, leading to delays in the completion of certain projects [59]. Cash Flow and Financial Position - The company's cash and cash equivalents decreased by 75.91% to CNY -38,501,518.85, reflecting a significant reduction in liquidity compared to CNY -159,807,430.37 in the previous year [44]. - The total cash inflow from operating activities was 177,598,754.21 CNY, an increase from 121,659,018.97 CNY in the first half of 2022, marking a growth of about 46.0% [164]. - The company incurred cash outflows for operating activities totaling 216,564,479.72 CNY, which is significantly higher than the 101,230,912.32 CNY recorded in the first half of 2022, indicating an increase of approximately 114.0% [164]. - The total liabilities of the company increased, with accounts payable decreasing to CNY 81,350,030.02 from CNY 111,000,090.65, a decline of about 26.7% [149]. Shareholder and Stock Management - The company will not repurchase shares if the stock price exceeds the audited net asset value per share for 10 consecutive trading days [102]. - The actual controller is required to increase shareholding if the stock price remains below the audited net asset value per share for 20 consecutive trading days [102]. - The company must announce the repurchase plan within 2 trading days after the board resolution [102]. - The company will bear legal compensation responsibilities if it fails to fulfill commitments that result in investor losses during securities trading [103].

Financial Performance - The company achieved operating revenue of 211.09 million yuan, a year-on-year decrease of 6.69%[4] - The net profit attributable to shareholders was -21.63 million yuan, a year-on-year decline of 125.24%[4] - The company's operating revenue for 2022 was ¥211,086,515.35, a decrease of 6.69% compared to ¥226,220,138.98 in 2021[20] - The net profit attributable to shareholders for 2022 was -¥21,625,588.62, representing a decline of 125.24% from ¥85,669,764.77 in 2021[20] - The cash flow from operating activities for 2022 was ¥40,822,420.31, down 71.46% from ¥143,040,801.26 in 2021[20] - The basic earnings per share for 2022 was -¥0.23, a decrease of 121.10% from ¥1.09 in 2021[20] - The weighted average return on equity for 2022 was -2.39%, down 16.38% from 13.99% in 2021[20] - The company reported a significant increase in electronic waste disposal revenue, which rose by 79.48% to 67,078.29 million, while hazardous waste disposal revenue fell by 23.74% to 144,008.22 million[60] Business Strategy and Development - The company plans to enhance its R&D capabilities and strengthen business expansion efforts to improve performance[4] - The company aims to enhance resource recycling and utilization, aligning with the provincial policy to promote a "waste-free city" and resource comprehensive utilization bases[44] - The company plans to expand its capabilities in the recycling of used power batteries, as outlined in the national "14th Five-Year Plan" for industrial green development[44] - The company is focused on expanding its market presence through new technology developments and strategic partnerships[70] - The company intends to establish strategic partnerships with major clients to expand its hazardous waste market and improve revenue and profitability[116] - The company plans to optimize its marketing model, focusing on the Yangtze River Delta region to expand its customer base[102] - The company aims to enhance its solid waste disposal and resource utilization capabilities, focusing on electronic waste and scrapped vehicles, to improve performance and market competitiveness[105] Research and Development - The company has obtained 58 patents, including invention patents, and has participated in the development of national and industry standards, enhancing its position in the hazardous waste treatment and resource utilization sector[40] - The company reported a total R&D investment of ¥9,129,914.13 in 2022, which represents 4.33% of its operating revenue[76] - The company aims to develop a non-hazardous treatment technology for waste circuit boards, which has completed acceptance testing[70] - A new technology for recycling waste lithium batteries was developed, focusing on maximizing the recovery of valuable metals[74] - The company has completed the development of a functional fiber technology aimed at purifying phosphorus from wastewater, which has shown excellent removal performance[73] Environmental and Regulatory Compliance - The company has established pollution prevention facilities that have been operational and effective in reducing pollutant emissions[176] - The company applied for a pollution discharge permit on November 9, 2022, and has met the emission standards set by the industry[175] - The company has developed an environmental self-monitoring plan in compliance with national regulations for key monitoring enterprises[177] - The company has prepared an emergency response plan for environmental incidents, outlining procedures and measures for emergency management[178] - The company emphasizes the importance of environmental governance and has made significant investments in waste treatment and resource utilization, contributing to economic, environmental, and social benefits[180] Governance and Management - The company maintains an independent operational structure, ensuring that its assets, personnel, and finances are separate from its controlling shareholders[127] - The company has a governance structure that includes a board of directors with 7 members, including 3 independent directors, ensuring compliance with relevant laws and regulations[123] - The company has established an independent financial department with dedicated personnel and a complete financial accounting system, ensuring independent financial decision-making[128] - The company has a structured governance framework including a shareholder meeting, board of directors, and supervisory board, ensuring operational independence[128] - The company has not faced any administrative regulatory measures from supervisory authorities, indicating a sound governance status[126] Employee Management and Welfare - The company has established a comprehensive employee management system, providing various benefits and social insurance to enhance employee welfare[183] - The company emphasizes employee training through a structured system, including both internal and external training programs to enhance professional skills and overall quality[157] - The company has a retirement liability for 80 employees, indicating a commitment to employee welfare and long-term planning[153] - The employee composition includes 260 production personnel, 18 sales personnel, 52 technical personnel, 5 financial personnel, and 99 administrative personnel[153] Market and Competitive Landscape - The hazardous waste disposal industry is experiencing increased competition and price wars, leading to a continuous decline in disposal prices due to an imbalance in supply and demand[40] - The company recognizes the risk of intensified industry competition due to rising interest in the environmental protection sector and plans to improve its service capabilities and management levels to adapt[108] - The company faces risks from macroeconomic fluctuations affecting its core business in hazardous waste disposal and appliance dismantling, which could impact revenue and market pricing power[110] Future Outlook - The company has set a revenue guidance for 2023, projecting a growth rate of 25% compared to 2022, aiming for 1.875 billion RMB[148] - The company plans to enhance its digital marketing strategy, with a budget increase of 25% for 2023, focusing on online customer engagement[149] - The company is expanding its market presence, targeting a 30% increase in market share in the next two years, particularly in the Southeast Asian region[148]

Financial Performance - The company's operating revenue for Q1 2023 was ¥48,850,133.50, a decrease of 5.98% compared to ¥51,957,146.57 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥10,269,172.91, representing a decline of 221.55% from a profit of ¥8,448,390.04 in the previous year[3] - The net cash flow from operating activities was negative at ¥20,540,693.03, a decrease of 178.71% compared to a positive cash flow of ¥26,096,280.46 in the same period last year[4] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.0913, compared to CNY 0.0896 in the same period last year[22] - Total operating revenue for Q1 2023 was CNY 48,850,133.50, a decrease of 5.4% compared to CNY 51,957,146.57 in the same period last year[20] - Net profit for Q1 2023 was a loss of CNY 10,269,172.91, compared to a profit of CNY 8,448,390.04 in Q1 2022, representing a significant decline[21] Cash Flow - The net cash flow from financing activities increased by 188.18% to ¥41,288,268.54, primarily due to an increase in borrowings during the period[12] - Cash inflows from operating activities totaled CNY 60,862,503.26, down from CNY 72,645,023.58 in Q1 2022[24] - Total cash outflow from operating activities amounted to ¥81,403,196.29, compared to ¥46,548,743.12 in the same period last year[25] - Cash inflow from financing activities reached ¥78,458,513.00, significantly higher than ¥30,736,439.85 in the previous year[25] - The company reported a net decrease in cash and cash equivalents of -¥24,200,296.26 for the quarter[25] Assets and Liabilities - The total assets at the end of the reporting period increased by 4.08% to ¥1,232,087,977.18 from ¥1,183,803,968.14 at the end of the previous year[4] - The company's total liabilities increased to CNY 228,413,560.59 from CNY 193,640,762.80 at the beginning of the year[18] - Total liabilities increased to CNY 352,560,945.65, up from CNY 312,667,300.93 year-over-year[21] - The total cash and cash equivalents at the end of the period were ¥106,391,814.16, down from ¥358,440,538.07 at the end of the previous year[25] Expenses - The company's research and development expenses increased by 51.50% to ¥2,439,714.89 from ¥1,610,400.45 in the previous year, indicating a focus on innovation[10] - Total operating costs increased to CNY 61,293,198.66, up 29.2% from CNY 47,381,969.55 in the previous year[20] - The company reported a significant increase in sales expenses, which rose by 104.67% to ¥3,565,311.77, driven by new service fees related to business expansion[10] - Cash outflows for purchasing goods and services were CNY 56,452,440.33, significantly higher than CNY 32,077,455.71 in the previous year[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,960[13] - The top two shareholders, Li Guangrong and Gao Zhijiang, each hold 29.10% of the shares, totaling 27,427,720 shares[13] - The company has a total of 68,569,300 restricted shares, all of which are subject to lock-up until August 24, 2024[15] Other Information - The company did not conduct an audit for the first quarter report[26]

证券代码：301049 证券简称：超越科技 公告编号：2023-020 安徽超越环保科技股份有限公司 关于举行2022年度网上业绩说明会的公告 | | | 安徽超越环保科技股份有限公司（以下简称"公司"）《2022 年度报告》及《2022 年度报告摘要》已于 2023 年 4 月 18 日刊登于中 国证监会指定创业板信息披露网站巨潮资讯网。为了让广大投资者进 一步了解公司的财务状况、经营情况等内容，公司将于 2023 年 4 月 27 日（星期四）下午 15:00 至 17:00，在全景网举行 2022 年度业绩说 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"（http://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：公司总经理李光荣女士、独立董事彭 征安先生、财务总监兼董事会秘书范敏先生、保荐代表人邓俊先生。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度网 上业绩说明会提前向投资者公开征集问题，广泛听取投资者的意见和 建议。投资者可于 2023 年 4 月 26 日（星期三）17:00 前访问 http://ir. ...

证券代码：301049 证券简称：超越科技 编号：2021-08-01 | --- | --- | --- | --- | --- | |----------|--------------------------------------------------------------|--------------|-------|----------------------------------------------------------| | | | | | | | | | | | | | 投资者关 | 特定对象调研 | □ 分析师会议 | | | | 系活动类 | □ 媒体采访 | □ 业绩说明会 | | | | 别 | □ 新闻发布会 | □ 路演活动 | | | | | □ 现场参观 | | | | | | □ 其他 （请文字说明其他活动内容） | | | | | 参与单位 | 嘉实基金管理有限公司 李俊峰 | 1 人 | | | | 名称及人 | 嘉实基金管理有限公司 陈黎明 | 1 人 | | | | 员姓名 | | | | | | 时间 | 2021 年 08 月 26 日 | | | | ...

Financial Performance - The company's revenue for Q3 2022 was ¥53,565,650.31, a decrease of 2.39% compared to the same period last year, and a total revenue of ¥151,284,519.74 for the year-to-date, down 10.43% year-on-year [5]. - Net profit attributable to shareholders for Q3 2022 was ¥448,732.70, a significant decline of 98.55%, with a year-to-date net profit of ¥7,637,671.63, down 89.26% compared to the previous year [5]. - Total operating revenue for Q3 2022 was CNY 151,284,519.74, a decrease of 10.4% compared to CNY 168,896,765.36 in the same period last year [26]. - Net profit for Q3 2022 was CNY 7,637,671.63, a significant decline of 89.3% compared to CNY 71,131,780.39 in Q3 2021 [27]. - The total comprehensive income attributable to the parent company for the third quarter was CNY 7,637,671.63, compared to CNY 71,131,780.39 in the previous period, indicating a significant decrease [28]. Revenue by Business Segment - The electronic waste disposal business generated revenue of ¥41,140,500, an increase of 105.37% year-on-year, with a dismantling volume of 310,400 units, up 204.61% from last year [9]. - The hazardous waste disposal business reported revenue of ¥110,144,000, a decrease of 26.01% year-on-year, with incineration disposal volume down 37.48% and revenue from incineration down 49.04% [10]. Assets and Liabilities - The company’s total assets as of September 30, 2022, were ¥1,142,005,750.55, reflecting a 3.56% increase from the end of the previous year [5]. - Current liabilities totaled CNY 112,649,918.37, down 21.4% from CNY 143,252,600.12 in the previous year [25]. - The company's fixed assets amounted to CNY 415,964,253.82, up from CNY 235,992,199.51 in the previous year [25]. - The total equity attributable to shareholders was CNY 899,954,279.86, a decrease from CNY 914,838,717.57 in the previous year [25]. Cash Flow and Investments - Cash flow from operating activities for the year-to-date was ¥32,290,185.05, a decrease of 70.20% compared to the same period last year [5]. - Net cash flow from operating activities decreased by 70.20% to ¥32,290,185.05, mainly due to significant recoveries from emergency project payments in the same period last year [17]. - Net cash flow from investing activities worsened by 112.73% to -¥235,047,422.40, driven by investments in fundraising projects [17]. - Net cash flow from financing activities dropped by 105.00% to -¥20,049,881.95, primarily due to the distribution of dividends for the previous year [17]. - The ending balance of cash and cash equivalents was CNY 178,419,334.54, down from CNY 462,794,047.68 at the end of the previous period [31]. Expenses - Operating costs increased by 49.03% to ¥122,618,639.56, primarily due to increased landfill retirement fees and rising raw material costs for appliance dismantling [15]. - Sales expenses surged by 96.00% to ¥7,170,192.59, attributed to increased market business investments [15]. - The company incurred a total depreciation cost of ¥23,392,300 for the hazardous waste disposal business, an increase of 105.35% year-on-year, impacting profitability [10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,967 [20]. - The top three shareholders, Li Guangrong, Gao Zhijiang, and Gao Dekun, each hold 29.10%, 29.10%, and 14.55% of shares respectively [20]. Other Financial Metrics - The company reported a basic earnings per share of ¥0.0810, down 79.45% year-on-year, and a diluted earnings per share of ¥0.0810, also down 79.45% [5]. - The company reported a significant decrease in credit impairment losses by 91.30% to ¥383,054.97, mainly due to the recovery of receivables [15]. - The company recorded asset disposal losses of ¥443,569.82, marking a 100.00% increase due to fixed asset disposals [15]. - The company recognized a government subsidy of ¥910,989.75 during the reporting period, contributing to non-recurring gains [7]. - The company reported a significant increase in research and development expenses, totaling CNY 6,382,624.73, compared to CNY 8,241,925.85 in the previous year [27]. Future Outlook - The company plans to focus on market expansion and new product development as part of its future strategy [27]. Audit Status - The report for the third quarter was not audited [32].

Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2022, representing a year-on-year increase of 15%[17]. - The net profit attributable to shareholders was RMB 20 million, up 10% compared to the same period last year[17]. - The company's operating revenue for the first half of 2022 was ¥97,718,869.43, a decrease of 14.30% compared to the same period last year[23]. - The net profit attributable to shareholders was ¥7,188,938.93, down 82.10% year-on-year[23]. - The revenue from electronic waste disposal business reached ¥25,091,500, an increase of 41.77% year-on-year, with a processing volume of 219,400 units, up 133%[33]. - The revenue from hazardous waste disposal was ¥72,617,400, a decrease of 24.60% year-on-year, with incineration treatment volume down 34.42%[34]. - The company reported a gross profit of ¥21,445,400 from hazardous waste disposal, a decline of 60.79% compared to the previous year[34]. - The total assets of the company as of June 30, 2022, were RMB 300 million, reflecting a 5% increase from the end of 2021[17]. - The total assets at the end of the reporting period were ¥1,153,803,821.99, an increase of 4.63% from the end of the previous year[23]. - The company reported a total comprehensive income of ¥7,632,924.80 for the first half of 2022, compared to ¥40,350,038.64 in the same period of 2021[195]. Research and Development - Research and development expenses increased by 30%, totaling RMB 5 million, focusing on new waste treatment technologies[17]. - The company has established technical cooperation with several universities and research institutions, resulting in 48 patented technologies[40]. - Research and development expenses rose by 2.02% to CNY 4,880,144.55, reflecting ongoing investment in technology[43]. - Investment in R&D increased by 30% year-on-year, focusing on new environmental technologies and sustainable solutions[129]. Market Expansion and Strategy - The company plans to expand its market presence by entering two new provinces by the end of 2022[17]. - The company aims to achieve a revenue target of RMB 250 million for the full year 2022, indicating a growth forecast of 20%[17]. - The company is exploring potential mergers and acquisitions to enhance its service capabilities in the environmental sector[17]. - The company plans to expand its hazardous waste disposal business to the Yangtze River Delta region, aiming to build a "Smart Circular Economy Park" to enhance its market presence[78]. - The company is actively developing new technologies to improve waste disposal efficiency and reduce the impact of market fluctuations[72]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[131]. Operational Challenges - The company's main business is influenced by macroeconomic cycles, with waste generation fluctuating based on industrial activity levels[72]. - The company faces risks from intensified industry competition due to increasing environmental awareness and regulatory scrutiny, which may affect profitability[71]. - The company has identified risks related to the COVID-19 pandemic, which has negatively impacted its operations and may continue to do so if the situation worsens[82]. - The company faces management risks due to rapid expansion, necessitating improvements in organizational structure and internal controls to mitigate potential losses[76]. Environmental Compliance and Social Responsibility - The company has established a comprehensive environmental monitoring plan in accordance with national regulations, ensuring compliance with emission standards[95]. - During the first half of 2022, the company reported a total emission of particulate matter at 14.17 tons per annum, with no exceedance of permitted limits[96]. - The company has implemented pollution prevention facilities that have operated stably, meeting all regulatory emission indicators[92]. - The company has actively participated in social responsibility initiatives, including disaster relief efforts during the floods in Henan[104]. - The company has maintained a strong focus on employee rights, providing comprehensive social insurance and various welfare benefits[101]. Financial Management and Governance - The company has not distributed cash dividends or issued bonus shares for this fiscal year[4]. - The company has committed to enhancing its governance structure to protect the rights of shareholders, particularly minority shareholders[99]. - The company will ensure that any income obtained from unfulfilled commitments will be returned to the issuer within five days[109]. - The company will bear legal responsibility for any losses incurred by investors due to unfulfilled commitments[110]. - The company has a long-term commitment to normal operations and compliance with relevant laws and regulations[139]. Shareholder Information - The company reported a total of 94,253,300 shares outstanding, with no new shares issued or repurchased during the reporting period[166]. - The largest shareholders, including Gao Zhijiang and Li Guangrong, hold 274,277,200 shares each, which are subject to a lock-up period until August 2024[167]. - The total number of shareholders remains unchanged, with no significant changes in shareholding structure reported[169]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[173].

Financial Performance - The company's operating revenue for Q1 2022 was ¥51,957,146.57, a decrease of 8.01% compared to ¥56,478,794.08 in the same period last year[3] - Net profit attributable to shareholders was ¥8,448,390.04, down 57.85% from ¥20,044,670.45 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥4,928,888.60, a decline of 75.16% compared to ¥19,844,695.41 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 51,957,146.57, a decrease of 8.9% compared to CNY 56,478,794.08 in the same period last year[22] - Net profit for Q1 2022 was CNY 8,448,390.04, down 57.8% from CNY 20,044,670.45 in Q1 2021[24] - Basic and diluted earnings per share decreased to CNY 0.0896 from CNY 0.2836 in the previous year[25] - Total operating costs increased to CNY 47,381,969.55, up 26.9% from CNY 37,323,105.53 year-on-year[22] Cash Flow - The net cash flow from operating activities decreased by 30.56% to ¥26,096,280.46 from ¥37,580,411.20 in the same period last year[3] - The company reported a net cash inflow from operating activities of CNY 72,645,023.58, compared to CNY 84,876,122.94 in the same period last year[26] - The net cash flow from investment activities was -83,611,521.26 CNY, compared to -48,350,236.77 CNY in the previous period[28] - The cash inflow from financing activities totaled 30,736,439.85 CNY, down from 40,000,000.00 CNY in the previous period[28] - The net cash flow from financing activities increased to 14,327,495.42 CNY, compared to 2,310,986.81 CNY in the previous period[28] - The net increase in cash and cash equivalents was -43,187,745.38 CNY, compared to -8,458,838.76 CNY in the previous period[28] - The ending balance of cash and cash equivalents was 358,440,538.07 CNY, down from 401,628,283.45 CNY at the beginning of the period[28] Assets and Liabilities - Total assets increased by 6.95% to ¥1,179,420,929.13 from ¥1,102,790,248.87 at the end of the previous year[3] - The total current liabilities decreased to CNY 93,605,704.59 from CNY 99,995,882.09, a reduction of about 6.4%[20] - The company’s total liabilities decreased to CNY 593,033,374.32 from CNY 625,614,090.30, indicating a decrease of about 5.2%[20] - Total liabilities increased to CNY 255,737,640.55, up from CNY 187,951,531.30 year-on-year[22] - The total non-current assets increased to CNY 586,387,554.81 from CNY 477,176,158.57, marking an increase of approximately 22.9%[20] Inventory and Borrowings - The company's inventory rose by 32.78% to ¥12,939,506.03, primarily due to an increase in raw materials and product stock[7] - Short-term borrowings surged by 199.81% to ¥30,014,000.00, mainly due to increased bank loans[7] - Accounts receivable increased to CNY 179,697,869.44 from CNY 175,195,343.22, indicating a growth of approximately 2.86%[19] - Inventory rose to CNY 12,939,506.03 from CNY 9,745,106.40, reflecting a significant increase of about 32.5%[20] - Short-term borrowings increased to CNY 30,014,000.00 from CNY 10,011,152.78, showing a rise of approximately 199.5%[20] Government Subsidies and Other Income - The company reported a significant increase in government subsidies, totaling ¥4,584,159.75, which is a 713.81% increase compared to ¥563,294.37 in the previous year[9] - Other income increased significantly to CNY 4,584,159.75 from CNY 563,294.37 year-on-year[22] Research and Development - Research and development expenses were CNY 1,610,400.45, down 28.8% from CNY 2,260,065.19 in the previous year[22] Shareholder Information - The company reported a total of 71,909,152 restricted shares at the beginning of the period, with 1,219,152 shares released during the period[17] - The company plans to release certain restricted shares on August 24, 2024, including shares held by major shareholders[16] Audit and Report Release - The company did not undergo an audit for the first quarter report[29] - The report was released on April 22, 2022[30]

Financial Performance - The company's operating revenue for 2021 was ¥226,220,138.98, a decrease of 26.44% compared to ¥307,545,934.59 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥85,669,764.77, down 39.49% from ¥141,578,557.87 in 2020[19]. - The net profit after deducting non-recurring gains and losses was ¥67,666,844.98, a decline of 48.77% from ¥132,079,625.32 in 2020[19]. - The net cash flow from operating activities increased by 23.83% to ¥143,040,801.26 in 2021, compared to ¥115,509,472.31 in 2020[19]. - The total assets at the end of 2021 reached ¥1,102,790,248.87, representing a 68.65% increase from ¥653,891,746.78 at the end of 2020[19]. - The net assets attributable to shareholders increased by 107.57% to ¥914,838,717.57 at the end of 2021, compared to ¥440,743,699.96 at the end of 2020[19]. - The basic earnings per share for 2021 was ¥1.09, a decrease of 45.50% from ¥2.00 in 2020[19]. - The weighted average return on equity for 2021 was 13.99%, down 24.41% from 38.40% in 2020[19]. - The company's total revenue for 2021 was CNY 226.22 million, a decrease of 26.44% compared to the previous year[56]. - The net profit attributable to shareholders was CNY 85.67 million, down 39.49% year-on-year[56]. Dividend Policy - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares to all shareholders, based on a total of 94,253,334 shares[4]. - The total cash dividend amount represents 100% of the total distributable profit of 242,454,957.69 RMB[171]. - The profit distribution policy allows for cash, stock, or a combination of both, with a minimum cash dividend ratio of 10% of the net profit attributable to shareholders[165]. - In mature stages without significant capital expenditure, the cash dividend ratio should be at least 80% of the profit distribution[165]. - The board of directors must consider various factors, including industry characteristics and major capital expenditure plans, when proposing cash dividend policies[165]. - The supervisory board will oversee the decision-making process for profit distribution policies and ensure compliance with company regulations[168]. Risk Management - The company emphasizes the importance of risk management and outlines strategies for future development in the management discussion section[4]. - The company recognizes the risk of intensified industry competition due to increasing environmental awareness and regulatory scrutiny[105]. - The company faces risks from macroeconomic fluctuations, as its main business is influenced by the cyclical nature of industries such as chemicals and electronics, which directly affects hazardous waste generation[107]. - The company acknowledges the potential impact of the COVID-19 pandemic on its operations and is taking measures to maintain supply chain stability and customer communication[116]. - The company is addressing management risks associated with rapid expansion by optimizing organizational structures and improving internal controls[111]. Environmental and Social Responsibility - The company aims to develop a green circular economy and has been actively involved in hazardous waste treatment and resource utilization[186]. - The company has established pollution prevention facilities that operate stably, with all pollutant discharge indicators meeting standards[182]. - The company has been recognized as a key pollutant discharge unit by environmental protection authorities[182]. - The company actively participates in social responsibility initiatives, including disaster relief efforts and charitable donations[189]. - The company has implemented a comprehensive employee rights protection strategy, focusing on employee development and satisfaction[187]. Governance and Compliance - The company has established a complete governance structure, including a shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[121]. - The board of directors consists of 7 members, including 3 independent directors, and operates through four specialized committees, ensuring adherence to legal and regulatory requirements[124]. - The company has a robust information disclosure management system, ensuring timely, accurate, and complete information disclosure to all investors, complying with regulatory requirements[127]. - The company has not received any administrative regulatory measures from supervisory authorities, indicating a compliant operational status[127]. - The company has established a standardized personnel and salary management system, ensuring that all employees have signed labor contracts and that management personnel do not hold positions in related enterprises[129]. Research and Development - The company has established a technical research center and collaborates with institutions like the University of Science and Technology of China for research and development[49]. - The company has obtained 48 patents and has been recognized as a green factory and a model enterprise in energy conservation and environmental protection in Anhui Province[40]. - Total research and development (R&D) investment amounted to CNY 10,448,486.38, representing 4.62% of operating revenue, an increase from 4.22% in the previous year[76]. - The number of R&D personnel decreased by 12.31% to 57, with their proportion in the workforce dropping to 14.18%[76]. - The company has developed a non-harmful treatment process for waste circuit boards, achieving a recovery rate of over 90% for copper and precious metals[71]. Market Position and Strategy - The company is positioned as a leading enterprise in hazardous waste treatment and resource utilization in Anhui Province, with a comprehensive range of disposal methods and rich experience[41]. - The company is a leading provider of hazardous waste disposal services in Anhui Province, with a strong market position in both industrial and medical waste management[44]. - The company intends to expand its market presence in the Yangtze River Delta region and develop strategic partnerships with appliance manufacturers for waste appliance dismantling[103]. - The company is committed to diversifying its business by investing in the dismantling of scrapped vehicles and lithium battery recycling[104]. - The company recognizes the need for continuous technological innovation to maintain its market position in the hazardous waste disposal sector[109].

Financial Performance - The company's operating revenue for 2021 was ¥226,220,138.98, a decrease of 26.44% compared to ¥307,545,934.59 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥85,669,764.77, down 39.49% from ¥141,578,557.87 in 2020[19]. - The net profit after deducting non-recurring gains and losses was ¥67,666,844.98, a decline of 48.77% from ¥132,079,625.32 in 2020[19]. - The company's total assets increased by 68.65% to ¥1,102,790,248.87 at the end of 2021, compared to ¥653,891,746.78 at the end of 2020[19]. - The net assets attributable to shareholders rose by 107.57% to ¥914,838,717.57 at the end of 2021, up from ¥440,743,699.96 at the end of 2020[19]. - The basic earnings per share for 2021 was ¥1.09, a decrease of 45.50% from ¥2.00 in 2020[19]. - The weighted average return on equity was 13.99%, down 24.41% from 38.40% in 2020[19]. - The net cash flow from operating activities increased by 23.83% to ¥143,040,801.26 in 2021, compared to ¥115,509,472.31 in 2020[19]. - The company achieved operating revenue of 226.22 million yuan, a decrease of 26.44% compared to the previous year[49]. - The net profit attributable to shareholders was 85.67 million yuan, down 39.49% year-on-year[49]. Dividend Distribution - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares to all shareholders, based on a total of 94,253,334 shares[4]. - The company plans to maintain a cash dividend ratio of no less than 10% of the net profit attributable to shareholders, provided certain conditions are met[162]. - In mature stages without significant capital expenditure, the cash dividend proportion should reach at least 80% of the profit distribution[162]. - The company has a minimum cash dividend ratio of 20% for profit distribution during its growth phase, considering significant capital expenditure plans[168]. - The company plans to distribute a cash dividend of RMB 2.50 per 10 shares, totaling RMB 23,563,333.50 for the year, which represents 100% of the distributable profit[168]. Risk Management and Compliance - The company emphasizes the importance of risk management and outlines strategies for future development in the management discussion section[4]. - The company has established a comprehensive internal control system to enhance management and risk prevention capabilities[171]. - There were no significant internal control deficiencies reported during the reporting period[174]. - The company has implemented comprehensive safety production systems and regular employee training to mitigate safety production risks associated with hazardous waste handling[107]. - The company recognizes the risk of talent shortages in the hazardous waste disposal industry and is focused on building a strong talent pipeline and improving employee training and incentive mechanisms[114]. - The company is aware of the competitive landscape and the need for continuous technological innovation to maintain its market position in the hazardous waste disposal sector[108]. - The company has not received any administrative regulatory measures from supervisory authorities during the reporting period[126]. - The company has no significant penalties for violations of national laws and regulations during the reporting period[176]. Environmental and Social Responsibility - The company has established pollution prevention facilities that operate stably, with all pollutant discharge indicators meeting the required standards[180]. - The company has obtained environmental impact assessment approvals from regulatory authorities for all construction projects during the reporting period[181]. - The company has developed an emergency response plan for environmental incidents, outlining principles and procedures for emergency management[182]. - The company has actively engaged in public welfare activities, including donations for flood relief efforts in Henan, demonstrating its commitment to social responsibility[187]. - The company has established itself as a comprehensive environmental protection enterprise specializing in the treatment of industrial hazardous waste, medical waste, and the dismantling of discarded electrical and electronic products, achieving a harmonious balance of economic, environmental, and social benefits[184]. Research and Development - The company has obtained 48 patents through independent and collaborative research and development, enhancing its technological capabilities in waste treatment and resource utilization[40]. - The company has a dedicated R&D center and collaborates with universities and research institutions to enhance its technological capabilities[49]. - Total research and development (R&D) investment amounted to CNY 10,448,486.38 in 2021, accounting for 4.62% of operating revenue, an increase from 4.22% in 2020[76]. - Investment in R&D increased by 30% in 2021, focusing on innovative environmental technologies and sustainable solutions[199]. - The company has completed the mid-term review of the project aimed at developing a harmless treatment process for waste circuit boards, achieving 10 utility model patents and 3 appearance patents[71]. Market Position and Strategy - The company is a leading provider of hazardous waste disposal services in Anhui Province, with a strong market position in both industrial and medical waste management[44]. - The company is the only centralized medical waste disposal institution in Chuzhou City, enhancing its competitive advantage in the region[44]. - The company intends to expand its market presence in the Yangtze River Delta region, optimizing its marketing model and broadening its customer base[102]. - The company plans to expand its hazardous waste disposal and resource utilization base to cover the Yangtze River Delta region, aiming to build the "ChaoYue Smart Circular Economy Industrial Park"[111]. - The company aims to launch two new products in Q2 2022, which are anticipated to contribute an additional 200 million RMB in revenue[196]. Governance and Management - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[120]. - The board of directors comprises 7 members, including 3 independent directors, and operates through four specialized committees[123]. - The company maintains independence in assets, personnel, finance, organization, and business from its controlling shareholders and actual controllers[128]. - The company has a robust information disclosure system, ensuring timely and accurate communication with investors through designated media[126]. - The company has a diverse management team with extensive backgrounds in finance, engineering, and environmental science, enhancing its operational capabilities[140]. Employee Relations - Employee rights are prioritized, with the company providing comprehensive training and benefits, including social insurance and various welfare programs to enhance employee quality of life[186]. - The total number of employees at the end of the reporting period is 402, with 397 from the parent company and 5 from major subsidiaries[155]. - The professional composition includes 245 production personnel, 57 technical personnel, 7 sales personnel, 6 financial personnel, and 87 administrative personnel[156]. - The company has established a comprehensive salary system that combines individual performance with company performance, ensuring fair and competitive compensation[157]. - The company emphasizes continuous improvement of its training system to enhance employee skills and support organizational strategic goals[160].