兴泸水务：2025年中期报告

(a joint stock company incorporated in the People’s Republic of China with limited liability)於中華人民共和國註冊成立的股份有限公司 Stock Code股份代號2281 INTERIM REPORT中期報告2025 CONTENTS 2Chapter ICorporate Information5Chapter IIDefinitions9Chapter IIIFinancial Highlights11Chapter IVManagement Discussion and Analysis31Chapter VOther Information44Chapter VIFinancial ReportConsolidated Balance SheetsBalance Sheets of Parent CompanyConsolidated Income StatementIncome Statement of Parent CompanyConsolidated Cash Flow StatementCash Flow Statement of Parent CompanyConsolidated Statement of Changes inOwners’ EquityStatement of Changes in Owners’ Equity ofthe Parent CompanyNotes to the Financial Statements Chapter ICorporate Information BOARD OF DIRECTORS: Executive Directors: Mr. Zhang Qi(Chairman of the Board)Mr. Chen QinanMr. Xu Guanghua Non-executive Directors: Mr. Xu FeiMs. Zhang GuanghuiMs. Hu Fenfen Independent Non-executive Directors: Ms. Ma HuaMr. Fu JiMr. Liang Youguo BOARD COMMITTEES: Strategy Committee: Mr. Zhang Qi(Chairman)Mr. Xu FeiMs. Hu Fenfen Audit Committee: Mr. Fu Ji(Chairman)Ms. Ma HuaMr. Liang Youguo Nomination and Remuneration Committee: Ms. Ma Hua(Chairman)Ms. Zhang GuanghuiMr. Liang Youguo Chapter ICorporate Information (Continued) SUPERVISORY COMMITTEE: Mr. Yang Zhenqiu(Chairman of the Supervisory Committee)Mr. Lai BingyouMs. Xiang MinMr. Luo ChaopingMr. Tang NanyouMr. Gu Ming’anMr. Xiong Hua SECRETARY TO THE BOARD: Mr. Chen Yongzhong COMPANY SECRETARY: Mr. Chen Yongzhong AUTHORISED REPRESENTATIVES: Mr. Zhang QiMr. Chen Yongzhong REGISTERED ADDRESS,HEADQUARTERS AND PRINCIPALPLACE OF BUSINESS IN THE PRC: 16 16 Baizi RoadJiangyang District, LuzhouSichuan Province, the PRC PRINCIPAL PLACE OF BUSINESS INHONG KONG: 24840 40th Floor, Dah Sing Financial CentreNo. 248 Queen’s Road EastWanchai, Hong Kong DOMESTIC SHARE REGISTRAR: 17 China Securities Depository and Clearing Corporation LimitedNo. 17, Taipingqiao AvenueXicheng District, Beijing, the PRC Chapter ICorporate Information (Continued) H H SHARE REGISTRAR: 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre, 183 Queen’s Road EastWanchai, Hong Kong LEGAL ADVISER: As to Hong Kong law: 238717 Jia Yuan Law Offices7 & 17/F No.238Des Vouex Road Central, Sheung WanHong Kong PRINCIPAL BANKERS: Industrial and Commercial Bank of China LimitedLuzhou Bank Co., Ltd.Bank of Communications Co., Ltd AUDITOR: 8A9 SHINEWING (HK) CPA Limited9/F, Block A, Fuhua Mansion,No. 8 Chaoyangmen North Street,Dongcheng District, Beijing, the PRC STOCK CODE: 2281 2281 COMPANY WEBSITE: www.lzss.com www.lzss.com Chapter IIDefinitions In this interim report, unless the context otherwise requires, the following expressions shall have the following meanings: the articles of association of the Company, as amended, supplemented or otherwisemodified from time to time has the meaning ascribed to it under the Listing Rules “associate(s)” the board of Directors “Company” or “Group”or “us” or “we” Luzhou Xinglu Water (Group) Co., Ltd.*, converted by Xinglu Water Company Limited(a limited liability company established on 31 July 2002) on 25 December 2015, whichincludes predecessor and subsidiaries as required by the context20027 31201512 25 has the meaning ascribed to it under the Listing Rules “connected person(s)” “Controlling Shareholder(s)” has the meaning ascribed to it under the Listing Rules the Corporate Governance Code set out in Appendix C1 to the Listing RulesC1 the director(s) of the Company the ordinary share(s) in issue in the share capital of the Company, with a nominal value ofRMB1.00 each, which are subscribed for or credited as paid up in RMB1.00 “Domestic Share(s)” Luzhou Fanxing Environmental Development Co., Ltd.*, a limited liability companyestablished in the PRC on 18 August 2016 and a non-wholly owned subsidiary of theCompany, mainly engaged in wastewater treatment business20168 18 “Fanxing Environmental” the ordinary share(s) in issue in the share capital of the Company, with a nominal value ofRMB1.00 each, which are listed on the Main Board of the Hong Kong Stock Exchange1.00 “H Share(s)” H Chapter IIDefinitions(Continued) “Hejiang Water” For the six-month period from 1 January 2025 to 30 June 202520251 120256 30 Chapter IIDefinitions(Continued) the lawful currency of the PRC the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)571 the ordinary share(s) of RMB1.00 each in the share capital of the Company, including HShares and Domestic Shares1.00H “Share(s)” the holder(s) of the Share(s) Luzhou Sitong Water Supply and Drainage Engineering Design Co., Ltd.*, a limitedliability company established in the PRC on 6 September 2002 and a non-wholly ownedsubsidiary of the Company, mainly engaged in the provision of water supply and drainagedesign service20029 6 “Sitong Design” Luzhou Sitong Tap Water Engineering Co., Ltd.