Company code: 600292 Company abbreviation: Yuanda environmental protection
Section 1 Important Notes
1.1 The summary of this semi-annual report is from the full text of the semi-annual report, in order to fully understand the company's operating results, financial position and future development plans, investors should go to the www.sse.com.cn website to carefully read the full text of the semi-annual report.
1.2 The Board of Directors, the Board of Supervisors and the directors, supervisors and senior management of the Company guarantee that the contents of the semi-annual report are true, accurate and complete, that there are no false records, misleading statements or material omissions, and that they bear individual and joint legal liabilities.
1.3 All directors of the Company attend the meeting of the Board of Directors.
1.4 The present semi-annual report is unaudited.
1.5 The profit distribution plan for the reporting period or the plan for the conversion of provident fund into equity capital approved by the Board of Directors
During the reporting period, the company did not carry out profit distribution and capital reserve fund conversion into equity capital.
Section 2 Basic Information of the Company
2.1 Company Profile
2.2 Key Financial Data
Unit: Yuan Currency: RMB
2.3 Shareholding table of the top 10 shareholders
Unit: Shares
2.4 Table of the total number of preferred shareholders and the top 10 preferred shareholders as of the end of the reporting period
□ apply √ does not apply
2.5 Changes in controlling shareholders or actual controllers
2.6 Approve the status of the bonds on the date of publication in the semi-annual report
Section 3 Important Matters
The company should explain the significant changes in the company's operating conditions during the reporting period in accordance with the principle of materiality, as well as the events that have a significant impact on the company's operations during the reporting period and are expected to have a significant impact on the company's operations in the future
Stock code: 600292 Stock abbreviation: Yuanda Environmental Protection Number: Pro 2021-037
State Power Investment Group Yuanda Environmental Protection Co., Ltd
Announcement of the resolution of the seventeenth meeting of the ninth board of directors
The Board of Directors and all Directors of the Company warrant that the contents of the Announcement are free from any misrepresentation, misleading statement or material omission and accept sole and several liability for the truthfulness, accuracy and completeness of the contents.
The notice of the 17th meeting of the ninth board of directors of SIL Yuanda Environmental Protection Co., Ltd. was issued by fax and delivery on August 16, 2021, and the meeting was held at 10:00 a.m. on August 26, 2019 in the conference room on the 12th floor of the company + video, and 10 directors should be 10 directors and 10 directors; 3 members of the board of supervisors and 5 senior executives attended the meeting, in line with the provisions of the Company Law and the articles of association of the company, and the resolutions made are legal and valid. The meeting was presided over by Mr. Zheng Wusheng, the chairman of the company, and after careful deliberation and voting by the directors, the following resolutions were made:
I. Passed the "Proposal on The Consideration of the Company's 2021 Semi-Annual Report and Summary"
10 votes in favour, 0 votes against and 0 abstentions.
2. Passed the "Proposal on Deliberating the Transfer financing of accounts receivable carried out by the Company's holding subsidiary Yuanda Project"
In order to revitalize the accounts receivable of Yuanda Engineering, the holding subsidiary of the Company, and enhance liquidity, Yuanda Engineering intends to carry out accounts receivable transfer financing business with China Merchants Bank, and the financing scale will not exceed 300 million yuan.
III. Passed the "Proposal on Deliberating the Change of the Company's Accounting Policy"
For details of this matter, please refer to the Company's Announcement on changes in the Company's accounting policies (Announcement No. 2021-036).
4. Documents for reference
Resolution of the Seventeenth Meeting of the Ninth Board of Directors
This is hereby announced.
Board of Directors of State Power Investment Group Yuanda Environmental Protection Co., Ltd
2August 28, 2021
Stock code: 600292 Securities abbreviation: Yuanda Environmental Protection Number: Pro 2021-038
Announcement of the resolution of the ninth meeting of the Ninth Supervisory Board
The Supervisory Board and all supervisors of the Company guarantee that the contents of the announcement are free from any false records, misleading statements or material omissions, and assume individual and joint liability for the truthfulness, accuracy and completeness of the contents.
The notice of the ninth meeting of the ninth session of the supervisory board of State Power Investment Group Yuanda Environmental Protection Co., Ltd. was issued by fax and delivery on August 16, 2021, and the meeting was held at 11:00 a.m. on August 26, 2021 in the conference room on the 12th floor of the company, and there should be 3 supervisors and 3 supervisors; in accordance with the provisions of the Company Law and the articles of association of this company, the resolutions made are legal and valid. The meeting was presided over by Mr. Wang Li, Chairman of the Supervisory Board. After careful deliberation and voting by the supervisors attending the meeting, the following resolutions were made:
1. Passed the "Proposal on The Consideration of the Company's 2021 Semi-Annual Report and Summary"
There were 3 votes in favour, 0 votes against and 0 abstentions.
2. Passed the "Proposal on Deliberating the Change of the Company's Accounting Policy"
Materials for reference
Resolution of the Ninth Meeting of the Ninth Supervisory Board
State Power Investment Group Yuanda Environmental Protection Co., Ltd. Supervisory Board
Stock code: 600292 Stock abbreviation: Yuanda Environmental Protection Number: Pro 2021-039
Announcement on changes in the Company's accounting policies
The Board of Directors and all Directors of the Company warrant that the contents of this announcement are free from any misrepresentation, misleading statement or material omission and accept sole and several liability for the truthfulness, accuracy and completeness of the contents.
Important Content Tips:
The Company will implement the new lease standard from 1 January 2021 in accordance with the Notice on Amending and Issuing < Accounting Standard for Business Enterprises No. 21 - Lease > (Cai Hui [2018] No. 35) issued by the Ministry of Finance.
I. Overview of the change in accounting policy
The 17th meeting of the 9th Board of Directors of State Power Investment Group Yuanda Environmental Protection Co., Ltd. (hereinafter referred to as the "Company") deliberated and passed the "Proposal on Deliberating the Change of the Company's Accounting Policy". The Company will implement the new lease standard from 1 January 2021 in accordance with the Notice on Amending and Issuing < Accounting Standard for Business Enterprises No. 21 - Lease > (Cai Hui [2018] No. 35) (hereinafter referred to as the "New Lease Standard") issued by the Ministry of Finance.
Second, the main content of the change in accounting policy
(1) Under the new lease standard, except for short-term leases and leases of low-value assets, lessees will no longer distinguish between financial leases and operating leases, and all leases will adopt the same accounting treatment, and all use right assets and lease liabilities will need to be recognized.
(2) For the right-of-use assets, if the lessee can reasonably determine that it will acquire ownership of the leased assets at the expiration of the lease period, it shall depreciate during the remaining useful life of the leased assets. Where it is not possible to reasonably determine that ownership of the leased asset can be acquired at the end of the lease period, depreciation shall be accrued during the shorter period between the lease period and the remaining useful life of the leased asset. At the same time, the lessee needs to determine whether the assets of the right of use have been impaired and account for the identified impairment losses.
(3) For lease liabilities, the lessee shall calculate the interest expense of the lease liability during each period of the lease period and include it in the profit or loss of the current period.
(4) In accordance with the provisions of the new and old standards, from January 1, 2021, the enterprise recognizes the right-of-use assets and lease liabilities according to the present value of the minimum payment amount of the rent payable in the future (except for short-term leases and leases of low-value assets that choose to simplify treatment), and recognizes depreciation and unrecognized financing expenses respectively, without adjusting the comparable period information.
Third, the impact on the company
This change in accounting policy is a change made by the company in accordance with the relevant regulations and requirements of the Ministry of Finance, in line with the provisions of relevant laws and regulations and the actual situation of the company, does not involve retrospective adjustments to the company's previous years, will not have a significant impact on the company's financial statements, and does not harm the interests of the company and shareholders.
4. Opinions of the Board of Supervisors, independent directors and audit committee of the company
(I) After the deliberation of the ninth meeting of the ninth session of the Board of Supervisors, the Announcement on the Change of the Company's Accounting Policy was adopted.
(2) Opinion of the Company's Independent Directors: The independent directors of the Company believe that the Company's accounting policy change is based on the Notice of the Ministry of Finance on Amending and Issuing the < Accounting Standard for Business Enterprises No. 21 - Lease > (Cai Hui [2018] No. 35) to adjust the Company's revenue recognition, which can more objectively and fairly reflect the Company's financial situation and operating results, and there is no harm to the interests of the Company and its shareholders, especially small and medium-sized shareholders. Agree to the matter.
(3) Opinion of the Audit Committee: The Audit Committee believes that the Company's accounting policy change is revised in accordance with the requirements of the Notice of the Ministry of Finance on Amending and Issuing < Accounting Standard for Business Enterprises No. 21 - Lease > (Cai Hui [2018] No. 35), which is a change in accordance with the unified requirements of the state and does not harm the interests of the company and its shareholders, especially small and medium-sized shareholders. Agreed to submit the proposal to the Board of Directors for consideration.
board of directors