On April 22, Xingrong environment (000598) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 5370614278.65 yuan, up 11.01% year on year; The net profit attributable to shareholders of listed companies was 1298402476.14 yuan, up 20.08% year on year.
During the reporting period, the net cash flow from operating activities was 2751379452.99 yuan, and the net assets attributable to shareholders of listed companies were 12274732225.10 yuan by the end of 2020.
In 2020, novel coronavirus pneumonia brought about the impact and challenges. The company resolutely implemented the party and government’s decision and deployment, insisted that the epidemic prevention and control and enterprise development should be grasps and two errors. All staff should be bold in taking the responsibility and unite in forging ahead. In 2020, the company will sell 897.23 million tons of water; The total amount of sewage treatment is 1028.63 million tons; The total amount of reclaimed water sold is 108.52 million tons; The power generation capacity of waste incineration is 529.26 million kwh; The total amount of landfill leachate treatment is 1.27 million tons; The total amount of sludge treatment is 200000 tons.
In 2020, the company will seize the historical opportunity of ecological civilization construction, strive to open up the main business market of water and environmental protection, and comprehensively improve the city’s comprehensive service capacity. On the one hand, it vigorously implemented the “going out” strategy and successfully won the bid for the franchise project of sewage upgrading project in Shijiazhuang Economic and Technological Development Zone, which has become an important layout for the company to enter the North China market and expand its business territory. On the other hand, we should continue to cultivate the stock market, rely on the existing resource layout, and constantly expand. During the reporting period, the company won the bidding of water environmental protection franchise project in Wenchuan County, Aba Prefecture, and continued to promote the integration of water supply and drainage resources in Aba Prefecture; The company won the bid for the upgrading and reconstruction project of Xi’an No.1 and No.2 sewage treatment plants (phase II) to further enhance the industry influence of the company in the Northwest market; Chengdu No.7 waterworks (phase III) and its supporting water pipeline project and several buried sewage treatment plants were launched, which further provided solid environmental service support for Chengdu to become a national central city and a beautiful and livable Park City.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 4.029 million yuan. Li Wenwen, chairman of the board, did not receive remuneration from the company; Yang Lei, director and general manager, received a total pre tax remuneration of 833400 yuan from the company; Zhao Lu, director and Secretary of the board of directors, received a total pre tax remuneration of 570000 yuan from the company; Liu Jie, director, deputy general manager and chief financial officer, received a total pre tax remuneration of 456700 yuan from the company; Wang Qiang, deputy general manager, received a total pre tax remuneration of 558600 yuan from the company.
According to the data of digbei.com, Xingrong environment is a leading comprehensive service provider of water and environmental protection in China. It has the largest scale of water supply and drainage in Western China. It makes full use of its existing advantages to layout emerging industries and vigorously promote the construction and operation of water and environmental protection projects.