Infore Environment Technology Group
Co., Ltd.
2022Annual Report
April 2023
2022Annual Report
Part I Important Notice, Table of Contents and Definitions
The Board of Directors, the Board of Supervisors as well as the directors,
supervisors and senior management of Infore Environment Technology Group
Co., Ltd. warrant that the information in this report contains no
misrepresentations, misleading statements or material omissions, and jointly
and severally accept liability for the truthfulness, accuracy and completeness
of information in this report.
Ma Gang, the Company's legal representative, Wang Qingbo, the
Company's principal officer in charge of accounting, and Wu Shanshan, the
principal officer of the Company's accounting division (head of accounting)
warrant that the financial statements contained in this report are truthful,
accurate and complete.
All directors of the Company attended the Board meeting to review this
report.
Any forward-looking statements such as future plans mentioned in this
report shall not be considered as promises to investors. Investors are advised to
pay attention to possible investment risks.
The Board has approved a proposal for dividend plan as follows: based on
the total share capital (minus shares in the Company's repurchase account) on
the date of record for the 2022 final dividend plan, a cash dividend of RMB
1.10 (tax inclusive) per 10 shares will be distributed to the shareholders, with
no bonus issue from either profit or capital reserves.
CONTENTS
Part I Important Notice, Table of Contents and Definitions......1
Part II Company Profile and Principal Financial Indicators......5
Part III Management Discussion andAnalysis ......11
Part IV Corporate Governance ......44
Part V Environmental and Social Responsibility......69
Part VI Significant Events......81
Part VII Share Changes and Shareholder Information ......95
Part VIII Information on Preference Shares......104
Part IX Information on Bonds......105
Part X Financial Report ......109
DocumentsAvailable for Reference
(I) Financial statements with signatures and seals of the legal representative of the Company,
principal officer in charge of accounting and principal officer of the accounting division.
(II) Original audit report with the seal of the accounting firm, and signed and stamped by
certified public accountants (CPAs).
(III) Originals of all corporate documents and announcements publicly disclosed on the
website designated by the China Securities Regulatory Commission (CSRC) during the reporting
period.
The originals and legally effective photocopies of the aforesaid documents are available at the
Company and the stock exchange for inspection by investors.
Definitions
Term means Definition
Company, the Company, Infore Enviro means Infore Environment Technology Group Co., Ltd.
Zoomlion Environmental means Changsha Zoomlion Environmental Industry Co., Ltd.
Infore Technology means Guangdong Infore Technology Co., Ltd.
Shangfeng, Shangfeng Industrial means Zhejiang Shangfeng Special Blower Industrial Co., Ltd.
Company
Green Oriental Company means Shenzhen Green Oriental Environmental Protection Co., Ltd.
CSRC means China Securities Regulatory Commission
SZSE means Shenzhen Stock Exchange
General Meetings of Shareholders means General Meetings of Shareholders of Infore Environment
Technology Group Co., Ltd.
Board of Directors, the Board means Board of Directors of Infore Environment Technology Group
Co., Ltd.
Board of Supervisors means Board of Supervisors of Infore Environment Technology
Group Co., Ltd.
Company Law means Company Law of the People's Republic of China
Securities Law means Securities Law of the People's Republic of China
Articles ofAssociation means Articles ofAssociation of Infore Environment Technology
Group Co., Ltd.
Part II Company Profile and Principal Financial Indicators
I. Company Profile
Abbreviated stock name Infore Enviro Stock code 000967
Stocks listed on Shenzhen Stock Exchange
Chinese name 盈峰环境科技集团股份有限公司
Chinese abbreviated name 盈峰环境科技集团
Foreign name (if any) Infore Environment Te