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].

Financial Performance - The company's operating revenue for the third quarter was ¥54,876,788.75, a decrease of 48.04% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥30,961,467.90, down 45.99% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,260,247.90, a decline of 58.48% compared to the previous year[3]. - Total operating revenue for the current period is $168.90 million, a decrease of 21.7% from $215.66 million in the previous period[22]. - Operating profit for the current period is $76.31 million, down 32.1% from $112.41 million in the previous period[23]. - Net profit attributable to the parent company is $71.13 million, a decline of 29.2% compared to $100.46 million in the previous period[24]. - Basic and diluted earnings per share decreased to $0.9703 from $1.42, representing a drop of 31.5%[24]. Assets and Equity - The total assets at the end of the reporting period reached ¥1,095,748,454.30, an increase of 67.57% from the end of the previous year[3]. - The equity attributable to shareholders increased by 104.19% to ¥899,941,643.92 compared to the end of the previous year[3]. - As of September 30, 2021, the total assets of Anhui Chaoyue Environmental Protection Technology Co., Ltd. reached CNY 1,095,748,454.30, an increase from CNY 653,891,746.78 at the end of 2020, representing a growth of approximately 67.5%[18][20]. - The company's equity attributable to shareholders rose to CNY 899,941,643.92 from CNY 440,743,699.96, an increase of approximately 104.0%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥108,364,478.54, reflecting a 60.96% increase[11]. - Cash flow from operating activities increased to $108.36 million, up 61.0% from $67.33 million in the previous period[27]. - Cash flow from financing activities generated a net inflow of $400.83 million, compared to a net outflow of $5.87 million in the previous period[28]. - The ending balance of cash and cash equivalents increased to $462.79 million from $35.03 million, a significant rise[28]. - The company reported a significant increase in cash and cash equivalents, rising by 622.16% to ¥462,794,047.68 due to financing and operational cash flow[7]. Costs and Expenses - The company's financial expenses increased by 184.66% to ¥3,211,744.24, primarily due to increased financing costs[10]. - Total operating costs decreased to $110.26 million from $116.83 million, reflecting a reduction of 5.6%[22]. - Research and development expenses remained stable at $8.24 million, slightly down from $8.31 million[23]. Government Support - The company received government subsidies amounting to ¥11,463,200.00 during the reporting period, contributing to its financial performance[5]. Other Financial Metrics - The company's basic earnings per share decreased by 51.39% to ¥0.3942[3]. - The company's current assets amounted to CNY 679,732,703.04, up from CNY 358,545,945.16 at the end of 2020, indicating a growth of about 89.5%[18]. - The cash and cash equivalents increased significantly to CNY 462,794,047.68 from CNY 64,084,959.16, marking a rise of approximately 620.5%[18]. - The total liabilities decreased to CNY 195,806,810.38 from CNY 213,148,046.82, reflecting a reduction of about 8.1%[20]. - The accounts receivable decreased to CNY 193,594,640.46 from CNY 268,495,855.39, a decline of about 28.0%[18]. - The inventory decreased slightly to CNY 9,123,928.56 from CNY 9,841,309.10, a reduction of approximately 7.3%[18]. - The company reported a significant increase in capital reserves to CNY 543,242,415.81 from CNY 180,380,044.85, representing a growth of about 201.5%[20]. Strategic Developments - The company has no new strategies or product developments mentioned in the report[17]. - There are no significant changes in the number of preferred shareholders or restricted shares during the reporting period[15][16].