滇池水务2024中期报告

CONTENTS目 錄 2CHAPTER ONECORPORATE INFORMATION5CHAPTER TWOLETTER FROM THE CHAIRPERSON10CHAPTER THREEDEFINITIONS15CHAPTER FOURGLOSSARY OF TECHNICAL TERMS17CHAPTER FIVESUMMARY OF FINANCIAL AND OPERATING DATA19CHAPTER SIXMANAGEMENT DISCUSSION AND ANALYSIS51CHAPTER SEVENCORPORATE GOVERNANCE AND OTHER INFORMATION62CHAPTER EIGHTINTERIM FINANCIAL INFORMATION CHAPTER ONECORPORATE INFORMATION REGISTERED OFFICE ANDHEADQUARTERS IN THE PRC PRINCIPAL PLACE OF BUSINESSIN HONG KONG 33191901 Room 1901, 19/F, Lee Garden One33 Hysan AvenueCauseway BayHong Kong WEBSITE OF THE COMPANY www.kmdcwt.com LEGAL REPRESENTATIVEOF THE COMPANY FCG, HKFCG AUTHORIZED REPRESENTATIVES FCG, HKFCG COMPANY SECRETARY 42 Forvis Mazars CPA Limited(formerly known as: Mazars CPALimited)42/F, Central PlazaWanchaiHong Kong INDEPENDENT AUDITOR 153232033207 Jingtian & Gongcheng LLPSuites 3203-3207, 32/FEdinburgh TowerThe Landmark15 Queen’s Road CentralCentralHong Kong HONG KONG LEGAL ADVISERTO THE COMPANY 214 Yunnan Jianguang Law Firm14th Floor, Block 2, NanyuechengGuangfu RoadXishan DistrictKunming, Yunnan ProvincePRC PRC LEGAL ADVISERTO THE COMPANY 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong H SHARE REGISTRARH BOARD OF DIRECTORS Executive Directors 20248212024821 Mr. Xu JingdongMr. Zhou Jianbo(resigned on 21 August 2024)Mr. Zhang YangMs. Cheng Yijing(appointed on 21 August 2024) Non-executive Directors Mr. Zha GuiliangMs. Zheng DongyuMr. Ong King Keung Independent Non-executive Directors BOARD COMMITTEES Mr. Zha Guiliang(Chairperson)Ms. Zheng DongyuMr. Ong King Keung Audit Committee Mr. Ong King Keung(Chairperson)Mr. Zeng FengMr. Zha Guiliang Remuneration and AppraisalCommittee Ms. Zheng Dongyu(Chairperson)Mr. Zeng FengMr. Ong King Keung CHAPTER ONECORPORATE INFORMATION Mr. Zeng Feng(Chairperson)Mr. Chen ChangyongMr. Zha Guiliang China Everbright Bank Industrial Bank China Minsheng Bank Agricultural Bank of China Bank of Communications Bank of China China Merchants Bank Shanghai Pudong Development BankKunming Branch CHAPTER TWOLETTER FROM THE CHAIRPERSON Dear Shareholders, 20243815 T h e y e a r 2 0 2 4 i s a n i m p o r t a n t y e a r f o r f u l l y a n d t h o r o u g h l yimplementing the spirit of the 20th National Congress of the CommunistParty of the PRC, a crucial year for carrying out the goals and tasksof the “14th Five-Year Plan” and the bridging year for realizing the“achieving leap-forward development within three years” in the “3815”strategic development objectives of Yunnan Province. KunmingDianchi Water Treatment Co., Ltd. (the “Company”) always insists thatthe construction of ecological civilisation is a fundamental plan relatedto the sustainable development of the Chinese nation, and firmlyupholds and practices the idea of “lucid waters and lush mountainsare invaluable assets” based on the guideline of “dual carbon” tostrengthen the strategic focus for ecological civilization construction,take up the political responsibility for ecological and environmentalprotection, and comprehensively promote the construction of abeautiful China. The Company fully explores potentials and increasesefficiency, actively carries out reforms and innovations, prevents andresolves material risks and simultaneously advances its high-qualityleap-forward development. CHAPTER TWOLETTER FROM THE CHAIRPERSON PERFORMANCE REVIEW: 20242024630738.6148.00.14 In the first half of 2024, in the face of the negative macroeconomicenvironment and the complex and volatile international situation, theBoard of the Company “formulated strategies, made decisions andprevented risks”, working together with the management to focus onthe development of the core business by taking the strategic objectivesas a guide, adhere to making progress while maintaining stability andcontinue to reduce costs and increase efficiency, so as to ensure thatthe production and operation of the Company operated in a smoothmanner in the first half of 2024. For the six months ended 30 June2024, the Company’s revenue amounted to RMB738.6 million, netprofit attributable to Shareholders was approximately RMB148.0million, and basic earnings per share was approximately RMB0.14. In terms of main business, the Company persisted in prioritizingquality and efficiency, with emphasis on the operational aspect asthe core ofprojects.Based on the principle of strengthening themain business and optimizing the structure, the Company maintainedthe wastewater treatment business as the basic foundation of itsoperation and development, continued to strengthen the coordinatedmanagement of water services, improved operational efficiency andsupported cost reduction and efficiency enhancement.In the first halfof 2024, the wastewater treatment plants operated by the Companyprocessed328.9million cubic meters of wastewater, and supplied 52.3million cubic meters of water (including running water and reclaimedwater). The over