WBD(SZ:300055)2021-08-19 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥787,776,334.25, representing a 191.24% increase compared to ¥270,493,380.52 in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2021 was ¥164,334,747.04, up 145.06% from ¥67,060,264.41 in the previous year[22]. - The basic earnings per share increased to ¥0.1899, a rise of 145.03% compared to ¥0.0775 in the same period last year[22]. - The total assets at the end of the reporting period were ¥7,148,298,118.18, reflecting a 9.25% increase from ¥6,542,873,619.60 at the end of the previous year[22]. - The net profit contribution from Huizhou Isco accounted for 38.66% of the company's total net profit during the reporting period[46]. - The company achieved a 1,429.29% increase in investment income, amounting to ¥89,564,390.44, primarily due to the revaluation of equity in Huizhou Isco upon gaining control[44]. - The company reported a total profit for the first half of 2021 of ¥200,658,988.36, an increase of 147.0% from ¥81,173,386.29 in the previous year[184]. Cash Flow and Investments - The net cash flow from operating activities was ¥30,521,007.08, down 4.41% from ¥31,927,924.55 in the same period last year[22]. - Cash flow from investment activities saw a remarkable increase of 609.38%, totaling ¥1,014,478,023.35, mainly due to the recovery of funds from the Ulanqab PPP project[44]. - The total cash inflow from investment activities reached ¥2,289,554,322.23, significantly higher than ¥220,711,634.14 in the previous year, indicating a strong investment recovery[188]. - The net cash flow from investment activities was ¥1,014,478,023.35, compared to a negative cash flow of -¥199,159,054.18 in the first half of 2020, showing a substantial improvement[188]. - The company received ¥557,700,000.00 from investment recoveries, indicating active management of investment portfolios[188]. Research and Development - The company is focused on R&D in industrial wastewater treatment, achieving breakthroughs in various key technologies and processes[38]. - The company reported a significant increase in research and development expenses, which reached CNY 25,115,085.87 in the first half of 2021, compared to CNY 6,425,044.52 in the same period of 2020[179]. - The company plans to increase R&D investment to strengthen technological innovation and reduce R&D risks[77]. Asset Management and Acquisitions - The company has completed a significant asset acquisition as of March 26, 2021, and ended the special supervision obligations related to the non-public issuance of shares on April 28, 2021[21]. - The company successfully acquired control of Huizhou Isco, diversifying its asset portfolio and stabilizing product quality, exceeding planned targets[35]. - The company completed the transfer of 16% equity in Huizhou Isco to Wanbangda, marking the completion of a significant asset purchase[143]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit, with specific emissions data reported for sulfur dioxide and nitrogen oxides[89]. - The company implemented a three-tier pollution prevention strategy to mitigate water pollution risks to the Songhua River[94]. - The project has received environmental impact assessment approvals and has obtained necessary permits for waste disposal, including a temporary operating permit for a landfill and incinerator[110]. Shareholder and Equity Information - The company plans to repurchase A-shares with a total amount between CNY 30,000,000 and CNY 50,000,000, with a maximum repurchase price of CNY 8.43 per share[141]. - The largest shareholder, Wang Piaoyang, holds 27.50% of the shares, totaling 237,940,370 shares, with 51 million shares frozen[151]. - The company has not issued any new shares or conducted any stock splits during the reporting period[148]. Operational Efficiency - The company's operating conditions have significantly improved by the end of the reporting period[75]. - The company aims to enhance project management to expedite production while ensuring compliance with design requirements[78]. - The total operating costs for the first half of 2021 amounted to CNY 724,995,926.23, compared to CNY 189,533,354.67 in the first half of 2020, indicating an increase of about 282.5%[179].