Brief Introduction

Wuxi Delinhai Environmental Protection Technology Co., Ltd. was established in 2009. It is the first national high-tech enterprise that provides professional cyanobacteria management and emergency response solutions to cyanobacteria outbreak. It also offers comprehensive services of cyanobacteria management that combines key technology development, problem-solving solutions, system design, whole installation and integration, operation and maintenance, monitoring and early warning. On July 22th, 2020, Wuxi Delinhai Environmental Protection Technology (stock name: Delinhai, stock code: SH: 688069) formally landed on the Science and Technology Innovation Board and became the first to be listed in the industry of cyanobacteria management for eutrophic lakes and reservoirs.

Delinhai is mainly engaged in the cyanobacteria management focused on emergency response to algal bloom disasters in lakes and reservoirs as well as their prevention and control. In recent years, it has successfully developed mid- and small-sized lake management businesses, which are targeted at improving water quality. The specific businesses include development and sales of wholly integrated or complete sets of advanced technical equipment for cyanobacteria management and provision of professional operation and maintenance services for cyanobacteria management equipment such as algae water separation station. The company undertakes the main tasks of cyanobacteria management for the four lakes, namely, Taihu, Chaohu, Dianchi and Erhai. It is currently the only professional enterprise in the world that has successfully carried out emergency treatment, prevention and control of cyanobacteria in the above four lakes and several important large lakes and reservoirs with features of large-scale, industrialization and innocuity. With successful implementation of Xinyun Lake Project and Qilu Lake Project, it has proceeded in the upgrade from a comprehensive service provider for cyanobacteria management to that for internal pollution treatment of eutrophic lakes and reservoirs.

In the future, Delinhai will seek breakthroughs in technology and mode innovations to establish high-dimensional advantages in market competition so as to get ready for the rapid growth of internal pollution treatment for eutrophic waters. It expects to take the lead in the whole-lake treatment as it does in cyanobacteria management.

Company Overview

Full name Wuxi Delinhai Environmental Protection Technology Co.,Ltd.
Abbreviations Delinhai
Code 688069
Founded 2009-12-10
Listing 2020-07-22
Domicile No.88,Meiliang Road,Binhu District,Wuxi City,Jiangsu Province
STAR Theme Energy Conservation & Environmental Protection
CSRC Sector Water conservancy, environment and public facilities management
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 3.80 2.25 1.89
R&D expenditure as a % of operating revenue 4.88% 4.50% 5.26%
Operating Revenue 49,138.74 29,687.96 20,758.50
Net Income 19,277.62 10,042.42 8,023.70

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 49,138.74 29,687.96 20,758.50
Operating Costs 20,575.99 14,391.39 8,865.76
Operating Income 22,461.17 11,451.14 9,441.43
Pretax Income 22,711.49 11,772.53 9,421.56
Income Tax 3,433.87 1,730.11 1,397.86
Net Income 19,277.62 10,042.42 8,023.70

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 151,574.96 36,622.15 26,892.12
Non-current Assets-Total 12,447.84 8,060.86 2,917.73
Total Assets 164,022.80 44,683.01 29,809.85
Current Liabilities-Total 22,714.36 13,280.24 6,442.50
Non-current Liabilities-Total 22.56 0.00 0.00
Total Liabilities 22,736.92 13,280.24 6,442.50
Stockholder's Equity
Share Capital 105,411.17 12,436.88 12,436.88
Retained Profits 35,864.75 18,965.89 10,930.47
Total Owners' Equity 141,285.88 31,402.77 23,367.35

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating -9,104.42 4,273.59 2,350.78
Net Cash Flows-Investing -74,739.53 1,290.43 -3,051.58
Net Cash Flows-Financing 90,476.75 -2,306.42 5,289.35

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Mingming Hu 2,300.00 38.67%
Hong Chen 600.00 10.09%
Wei Gu 440.00 7.40%
Xinying Zhou 240.00 4.04%
Guangsheng Wu 120.00 2.02%
Yang Sun 103.19 1.74%
Wei Li 88.80 1.49%
Zhenyu Wu 81.27 1.37%
Yunhai Hu 80.00 1.35%
Wuxi Jinkong Yuanyue Investment Enterprises(L.P) 80.00 1.35%
As of 2021-03-31

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