Core Insights - The company reported a total revenue of 2.178 billion yuan for the first half of 2025, a decrease of 1.81% year-on-year, while the net profit attributable to shareholders increased by 12.09% to 473 million yuan [1] - The second quarter revenue was 1.075 billion yuan, down 5.48% year-on-year, but the net profit for the same period rose by 28.08% to 218 million yuan [1] - The company's accounts receivable were notably high, with accounts receivable accounting for 501.51% of the latest annual net profit [1] Financial Performance - Total revenue for 2024 was 2.218 billion yuan, compared to 2.178 billion yuan in 2025, reflecting a decline of 1.81% [1] - Net profit attributable to shareholders increased from 422 million yuan in 2024 to 473 million yuan in 2025, marking a growth of 12.09% [1] - The gross margin decreased to 37.48% from 38.00%, while the net margin improved to 22.54% from 20.77% [1] - Total expenses (selling, administrative, and financial) amounted to 242 million yuan, accounting for 11.1% of revenue, a decrease of 11.17% year-on-year [1] Cash Flow and Debt - Cash flow per share increased to 0.33 yuan, up 17.96% from 0.28 yuan [1] - The company’s cash and cash equivalents decreased by 4.88% to 2.494 billion yuan [1] - The interest-bearing debt decreased by 1.64% to 10.188 billion yuan, with a debt-to-asset ratio of 39.69% [3] Investment Returns - The company's return on invested capital (ROIC) was 6.01%, with a historical median ROIC of 6.11% over the past decade, indicating generally weak investment returns [3] - The net profit margin for the previous year was 18.04%, suggesting a high added value for products or services [3] - Analysts expect the company's performance in 2025 to reach 947 million yuan, with an average earnings per share of 0.6 yuan [3]

在环境治理行业个股中，创业环保股东户数高于行业平均水平，截至6月30日，环境治理行业平均股东 户数为2.85万户。户均持股市值方面，环境治理行业A股上市公司户均持股市值为21.49万元，创业环保 低于行业平均水平。 从股价来看，2025年3月31日至2025年6月30日，创业环保区间涨幅为2.93%，在此期间股东户数减少 1520.0户，减幅为2.81%。 证券之星消息，近日创业环保披露，截至2025年6月30日公司股东户数为5.25万户，较3月31日减少 1520.0户，减幅为2.81%。户均持股数量由上期的2.28万股增加至2.34万股，户均持股市值为13.99万 元。 根据统计，创业环保2025年3月31日至2025年6月30日，主力资金净流出8662.85万元，游资资金净流入 2386.21万元，散户资金净流入6276.65万元。 ...

公司摊薄每股收益为0.30元，较去年同报告期摊薄每股收益增加0.03元，同比较去年同期上涨11.11%。 公司最新总资产周转率为0.09次。最新存货周转率为34.80次。 公司股东户数为5.26万户，前十大股东持股数量为11.19亿股，占总股本比例为71.28%，前十大股东持股情况如下： | 序号 | 股东名称 | 持股 | | --- | --- | --- | | l | 天津市政投资有限公司 | 45.5 | | 2 | HKSCC NOMINEES LIMITED | 21.5 | | 3 | 香港中央结算有限公司 | 0.89 | | 4 | 中央汇金资产管理有限责任公司 | 0.88 | | 5 | 中国建设银行股份有限公司-东方红中证东方红红利低波动指数证券投资基金 | 0.47 | | 6 | 浙江锦鑫建设工程有限公司 | 0.44 | | 7 | 王财进 | 0.44 | | 8 | 济南瀚祥投资管理合伙企业(有限合伙) | 0.41 | | g | 招商银行股份有限公司-南方中证1000交易型开放式指数证券投资基金 | 0.36 | | 10 | 严罪 | 0.32 | 2025年8月23 ...

Core Viewpoint - Tianjin Chuangye Environmental Protection Co., Ltd. reported a slight decrease in revenue while achieving an increase in net profit, indicating a stable operational performance amidst challenges [1] Financial Performance - The company achieved operating revenue of 2.178 billion yuan, a year-on-year decrease of 1.81% [1] - Net profit attributable to shareholders was 473 million yuan, reflecting a year-on-year increase of 12.09% [1] - Basic earnings per share stood at 0.3 yuan [1] Strategic Initiatives - The company focused on "three new" and "three quantities" strategies, leading to significant improvements in operations through strategic guidance, reform deepening, operational efficiency, technological empowerment, and risk prevention [1] - A restructuring of the technology management and achievement transformation system was implemented, along with an incentive mechanism to stimulate internal innovation [1] Research and Development - The company increased its R&D investment, with approximately 20 million yuan allocated during the reporting period [1] - Initiated one municipal-level research project, compiled 13 standard specifications, and applied for four city investment-level projects [1] - Achieved two authorized invention patents and received the first prize of the Natural Science Award from the China Environmental Protection Federation [1]

Financial Performance - For the first half of 2025, the company's operating revenue was approximately 2.18 billion, a slight decrease from 2.22 billion in the same period last year [1] - The net profit attributable to shareholders increased to approximately 473 million, up from 422 million year-on-year [1] - The net profit after deducting non-recurring items was approximately 396 million, compared to 382 million in the previous year [1] - The net cash flow from operating activities was approximately 518 million, representing a year-on-year growth of 17.96% [23] - The company's total assets at the end of the reporting period were approximately 9.87 billion, an increase from 9.67 billion at the end of the previous year [1] Profitability Metrics - The weighted average return on equity for the first half of 2025 was 4.8%, an increase of 0.22 percentage points year-on-year [22] - The return on invested capital for the same period was 2.93%, a slight decrease of 0.04 percentage points compared to the previous year [22] - The company's gross profit margin and net profit margin have shown fluctuations over the years, with the latest data indicating a gross profit margin of approximately 39.78% [18][36] Cash Flow Analysis - The net cash flow from financing activities was negative 211 million, a decrease of 216 million year-on-year [23] - The net cash flow from investing activities was negative 664 million, compared to negative 420 million in the same period last year [23] Shareholder Structure - As of the end of the first half of 2025, the largest shareholder, Tianjin Municipal Investment Co., Ltd., held approximately 45.57% of the total shares, with no change in its holding [51] - New shareholder South China CSI 1000 ETF replaced the previous shareholder in the top ten list, indicating a shift in the shareholder structure [51] - Notably, 23.16% of the company's shares were under pledge as of August 22, 2025, with the largest shareholder pledging 2.85 billion shares, accounting for 39.83% of its total holdings [51] Asset and Liability Changes - As of the end of the first half of 2025, accounts receivable increased by 12.27% compared to the end of the previous year, while cash and cash equivalents decreased by 9.54% [36] - The company's current ratio was 1.55 and the quick ratio was 1.54, indicating a stable liquidity position [48] - The company's debt-to-asset ratio has shown a decreasing trend, with the latest figure being approximately 56.64% [46]

Core Viewpoint - Tianjin Chuangye Environmental Protection Co., Ltd. reported a slight decrease in revenue but an increase in net profit, indicating a stable operational performance amidst challenges [1] Financial Performance - The company achieved operating revenue of 2.178 billion yuan, a year-on-year decrease of 1.81% [1] - Net profit attributable to shareholders was 473 million yuan, reflecting a year-on-year increase of 12.09% [1] - Basic earnings per share stood at 0.3 yuan [1] Strategic Initiatives - The company focused on the "three new" and "three quantities" strategies, leading to significant achievements in strategic guidance, reform deepening, operational effectiveness, technological empowerment, and risk prevention [1] - A restructuring of the technology management and achievement transformation system was implemented, along with an incentive mechanism to stimulate internal innovation [1] Research and Development - The company increased its R&D investment, with approximately 20 million yuan allocated during the reporting period [1] - Initiated one municipal-level research project, compiled 13 standard specifications, and applied for four city investment-level projects [1] - Achieved two authorized invention patents and received the first prize of the Natural Science Award from the China Environmental Protection Association [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號 ： 1065） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 以下為天津創業環保集團股份有限公司於上海證券交易所網站(www.sse.com.cn) 所刊發之《天津創業環保集團股份有限公司2025年半年度募集資金存放與實際 使用情況的專項報告》。 承董事會命 董事長 唐福生 中國，天津 2025年8月22日 於本公告刊發日期，董事會由3名執行董事唐福生先生、聶艷紅女士及付興海先 生（職工董事）；3名非執行董事王永威先生、安品東先生及劉韜先生；及3名獨立 非執行董事薛濤先生、王尚敢先生及劉飛女士組成。 根据中国证券监督管理委员会于 2022 年 5 月 30 日签发的证监发行字 [2022]1122 号文《关于核准天津创业环保集团股份有限公司非公开发行股票的批 复》，天津创业环保集团股份有限公司（以下简称"本公 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號 ： 1065） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 以下為天津創業環保集團股份有限公司於上海證券交易所網站(www.sse.com.cn) 所刊發之《天津創業環保集團股份有限公司關於部分募投項目終止及部分募投 項目延期的公告》。 承董事會命 董事長 唐福生 中國，天津 2025年8月22日 於本公告刊發日期，董事會由3名執行董事唐福生先生、聶艷紅女士及付興海先 生（職工董事）；3名非執行董事王永威先生、安品東先生及劉韜先生；及3名獨立 非執行董事薛濤先生、王尚敢先生及劉飛女士組成。 证券代码：600874 股票简称：创业环保 公告编号：临 2025-032 天津创业环保集团股份有限公司 关于部分募投项目终止及部分募投项目延期的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號 ： 1065） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 以下為天津創業環保集團股份有限公司於上海證券交易所網站(www.sse.com.cn) 所刊發之《天津創業環保集團股份有限公司第九屆董事會第六十四次會議決議 公告》。 承董事會命 董事長 唐福生 中國，天津 2025年8月22日 於本公告刊發日期，董事會由3名執行董事唐福生先生、聶艷紅女士及付興海先 生（職工董事）；3名非執行董事王永威先生、安品東先生及劉韜先生；及3名獨立 非執行董事薛濤先生、王尚敢先生及劉飛女士組成。 证券代码：600874 股票简称：创业环保 公告编号：临 2025-029 天津创业环保集团股份有限公司 第九届董事会第六十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 日期為2025年1月14日有關A股股票期權激勵計劃預留部分股票期權第二個行權 期行權條件成就的公告；(xxiii)日期為2025年3月21日有關(1)A股股票期權激勵計 劃第三個行權期行權條件未成就；及(2)註銷部分首次授予股票期權及預留部分 股票期權的公告；及(xxiv)日期為2025年3月23日的相關海外監管公告。除文義另 有所指外，本公告所用詞彙應與該通函所界定者具有相同涵義。 緒言 本公司2024年利潤分配方案在本公司於2025年5月27日召開的2024年度股東會 上獲股東批准。本公司2024年利潤分配方案以本公司總股本1,570,418,085股 為基數，每股派發現金紅利人民幣0.170元（含稅），共計派發現金紅利人民幣 266,971,074.45元。 （股份代號 ： 1065） （於中華人民共和國註冊成立之股份有限公司） 調整A股股票期權激勵計劃預留股票期權行權價格 茲提述本公司(i)日期 ...