北京首创生态环保集团股份有限公司 2025 年第五次临时股东会会议资料 二零二五年十二月 北京首创生态环保集团股份有限公司 2025 年第五次临时股东会会议资料 一、会议时间、地点 （一）现场股东会 时间：2025 年 12 月 25 日 上午 9：30 地点：北京市西城区车公庄大街 21 号新大都饭店 2 号楼 2212 会议室 （二）网络投票 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自 2025 年 12 月 25 日 至 2025 年 12 月 25 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网 投票平台的投票时间为股东会召开当日的 9:15-15:00。 二、会议召集人 2025 北京首创生态环保集团股份有限公司董事会 三、会议表决方式 现场投票和网络投票相结合 四、会议内容 （一）主持人介绍到会嘉宾 （二）主持人宣布股东及股东代表到会情况 （三）主持人宣布会议开始，讨论、审议议案 | 序号 | 议案名称 | | --- | --- | | 非 ...

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **environmental public utility sector** and its strategies for 2026, emphasizing the dual carbon (双碳) drive and the impact of European carbon tariffs and domestic renewable energy assessments on the industry [1][2]. Core Insights and Arguments - **Investment Opportunities**: The environmental sector is expected to see significant investment opportunities due to the implementation of carbon tariffs in Europe and strengthened assessments of non-electric renewable energy in China, which will enhance the dual carbon drive [2]. - **Profitability in Waste-to-Energy**: The waste incineration industry is projected to improve profitability due to increased garbage treatment fees, with current ROE in domestic waste-to-energy companies around 10-15%, compared to 30% overseas [3]. - **Rising Slag Prices**: An increase in slag prices is identified as a new growth point, with a price increase of 50 RMB leading to over 10% profit elasticity [3]. - **Cash Flow Improvement**: The cash flow situation in the waste incineration sector has significantly improved, with companies like Guangda Environment receiving substantial national subsidies, indicating a trend towards faster reimbursement of subsidies [12]. Emerging Growth Opportunities - **New Policies**: The introduction of green electricity direct connection policies is expected to enhance power supply capabilities for data centers, while the solid waste sector has vast overseas expansion potential, particularly in ASEAN markets [5]. - **Hydrogen and Biofuels**: Strengthened dual carbon constraints are creating investment opportunities in hydrogen production via electrolysis, biofuels (SAF), and green alcohol, with a notable demand for second-generation biofuels and SAF [6]. - **Equipment Sector Growth**: Companies like Meier Technology and Dingjin Equipment are benefiting from capital expenditures in semiconductors and lithium batteries, indicating a positive outlook for the equipment sector [7][8]. Notable Companies and Their Performance - **Key Players**: Companies such as Huanlan Environment and Green Power are highlighted for their strong cash flow performance in the solid waste sector, while Longjing Environmental is noted for its growth in green electricity due to strategic partnerships [9]. - **International Expansion**: Chinese companies like Kangheng Environment and China Tianying are successfully expanding into international markets, particularly in Indonesia, where significant projects are underway [17]. Financial Metrics and Projections - **Dividend Potential**: The sector's dividend potential is projected to increase from 100%-120% to 140% due to reduced capital expenditures and improved subsidy reimbursement rates [4][12]. - **Future Cash Flow**: The expected increase in waste treatment fees and market-driven pricing mechanisms will enhance overall profitability and cash flow for companies in the sector [20][21]. Challenges and Risks - **Market Dynamics**: The dual carbon policy is a significant driver for industry development, but companies will face stricter carbon emission assessments as more industries are included in the national carbon market [32][33]. - **Supply Chain Issues**: The supply-demand imbalance in the CCER market and the impact of European carbon tariffs on export-oriented companies pose risks that need to be managed [34][35]. Conclusion - The environmental public utility sector is poised for growth driven by regulatory changes, market dynamics, and international expansion opportunities. Companies that adapt to these changes and leverage their strengths in technology and market positioning are likely to thrive in the evolving landscape.

证券代码：600008 证券简称：首创环保 公告编号：2025-044 北京首创生态环保集团股份有限公司 关于召开2025年第五次临时股东会的通知 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，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 股东会召开日期：2025年12月25日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第五次临时股东会 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 25 日 至2025 年 12 月 25 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 (二) 股东会召集人：董事会 (三) 投票方式：本次股 ...

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：最近几年水厂、污水厂到期的数量有多少？涉及多少 营业额和利润？ 首创环保（600008.SH）12月5日在投资者互动平台表示，公司主要以特许经营模式开展业务，特许经 营期一般为20-30年。公司在"十三五"时期积极扩张，获取了大量新建、改扩建以及提标改造类项目， 绝大部分项目特许经营期尚有较长剩余期限，目前暂无特许经营权到期的项目。 ...

沪指12月1日上涨0.65%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为有色金属、通信， 涨幅分别为2.85%、2.81%。跌幅居前的行业为农林牧渔、环保、房地产，跌幅分别为0.43%、0.23%、 0.06%。环保行业位居今日跌幅榜第二。 环保行业今日下跌0.23%，全天主力资金净流出3.89亿元，该行业所属的个股共133只，今日上涨的有60 只，涨停的有3只；下跌的有61只。以资金流向数据进行统计，该行业资金净流入的个股有65只，其 中，净流入资金超千万元的有10只，净流入资金居首的是中晟高科，今日净流入资金3694.64万元，紧 随其后的是清水源、首创环保，净流入资金分别为2870.32万元、2273.80万元。环保行业资金净流出个 股中，资金净流出超3000万元的有7只，净流出资金居前的有惠城环保、福龙马、ST新动力，净流出资 金分别为1.99亿元、6821.09万元、4342.80万元。（数据宝） 环保行业资金流出榜 环保行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- ...

Core Points - The company has approved a loan of RMB 64.26 million to its subsidiary, Hebei Xiong'an Chuangxin Environmental Governance Co., Ltd, to repay interest-bearing debts and supplement operating funds [10][11][12] - The loan will have a term of one year with an interest rate of 4.55% per annum [10][11] - The decision was made during the 10th temporary meeting of the 9th Board of Directors held on November 27, 2025, with unanimous approval from all 11 directors present [2][12][16] Financial Assistance Overview - The financial assistance is aimed at supporting the subsidiary's business development and meeting its financial obligations [11][13] - The subsidiary has a debt ratio exceeding 70%, indicating a need for financial support [12] - The company holds a 51% stake in the subsidiary, allowing it to effectively manage risks associated with the financial assistance [10][13] Decision-Making Process - The board meeting was conducted in accordance with the Company Law and the company's articles of association [1] - The proposal for the loan will be submitted for approval at the upcoming shareholders' meeting [3][5] Loan Agreement Details - The loan agreement will specify the amount, term, interest rate, and intended use of funds [15] - In case of default, a penalty of 0.05% per day on the overdue amount will be applied [15] Risk Management - The company has established a robust governance structure to manage the subsidiary's operations and finances [14][16] - The financial assistance is deemed to be within a controllable risk range and will not adversely affect the company's normal operations [10][16]

Group 1 - The core point of the article is that Shouhua Environmental Protection held a temporary board meeting to discuss the issuance of a notice for a shareholders' meeting [1] - For the first half of 2025, Shouhua Environmental Protection's revenue composition is as follows: wastewater treatment accounts for 36.74%, waste treatment for 21.69%, water treatment for 19.26%, water supply services for 5.87%, and comprehensive water environment management for 5.59% [1] - As of the report date, Shouhua Environmental Protection has a market capitalization of 22.2 billion yuan [1]

重要内容提示： 北京首创生态环保集团股份有限公司（以下简称"公司"或"首创环保"） 拟以自有资金为控股子公司河北雄安首创环境治理有限公司（以下简称"雄安首 创"）提供财务资助人民币 6,426 万元（以下除非特别注明，所称"元"均指"人 民币元"），借款期限为合同签订日起 1 年，借款利率为年利率 4.55%。 证券代码：600008 证券简称：首创环保 公告编号：2025-043 北京首创生态环保集团股份有限公司 关于为控股子公司提供财务资助的公告 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 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 本次财务资助事项已经公司第九届董事会 2025 年度第十次临时会议审 议通过，该事项尚需提交公司股东会审议。 本次财务资助对象为公司合并报表范围内的控股子公司，各股东按持股 比例对其提供财务资助，公司能够对其业务、财务、资金管理等方面实施有效的 风险控制。本次财务资助事项处于风险可控范围之内，不会对公司的日常经营产 生重大影响，不会损害公司及全体股东、特别是中小股东的利益。 一、财务资助事项概述 （一）财务资助的基本情况 为支持公司 ...

北京首创生态环保集团股份有限公司 第九届董事会 2025 年度第十次临时会议决议公告 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，并对其内容的真实性、准确性和完整性承担法律责任。 北京首创生态环保集团股份有限公司（以下简称"公司"）第九届董事会 2025 年度第十次临时会议于 2025 年 11 月 21 日以电子邮件的方式发出召开董事会会 议的通知，会议于 2025 年 11 月 27 日在公司会议室以现场及通讯表决方式召开。 会议应出席董事 11 人，实际出席董事 11 人。鉴于公司董事长刘永政因工作原因 未能现场出席本次会议，由半数以上董事共同推举董事李伏京主持本次会议。部 分高管列席会议。本次会议符合《公司法》和《公司章程》之规定。会议经表决 后，全体董事一致通过如下决议： 一、审议通过《关于向河北雄安首创环境治理有限公司提供借款的议案》 1. 同意公司向河北雄安首创环境治理有限公司提供借款；借款金额为人民 币 6,426 万元；借款用于归还有息负债和补充运营资金；借款期限为合同签订日 起 1 年；借款利率为年利率 4.55%； 2. 授权公司法定代表人或授权代表 ...

Core Insights - The China Securities Regulatory Commission (CSRC) has emphasized the importance of corporate governance and board effectiveness in listed companies, leading to the launch of the "2025 Best Practices for Corporate Boards" initiative, which has recognized 240 best practice cases, 190 excellent cases, and 156 typical cases [1][2]. Group 1: Corporate Governance and Board Effectiveness - The initiative aims to enhance the legal and compliant operation of corporate boards, improving governance effectiveness in response to higher demands from the new "National Nine Articles" and the "1+N" policy framework [1]. - The core role of corporate boards is to drive strategic decision-making, align with national macro policies, and integrate company growth into the modernization of the industrial system [1][2]. - Companies are encouraged to establish robust internal control systems and risk supervision capabilities to support high-quality development in the capital market [1][2]. Group 2: Value Management and Shareholder Returns - Corporate boards are elevating value management to a strategic level, focusing on enhancing intrinsic value, optimizing investor communication, and standardizing information disclosure [2]. - Emphasis on sustainable dividends has become a key aspect of governance, with companies responding to policies for multiple dividends per year and ensuring the continuity and stability of shareholder return policies [2]. - The boards are actively working to improve investor satisfaction and confidence through optimized dividend strategies [2]. Group 3: ESG Integration - Corporate boards are advancing the establishment and practice of Environmental, Social, and Governance (ESG) frameworks, embedding sustainability into strategic planning and performance evaluation [3]. - The ESG strategy focuses on innovation, employee growth, environmental friendliness, and corporate governance, aiming for a sustainable development governance model unique to China [3]. Group 4: Best Practice Case Listings - A comprehensive list of recognized companies for best practices in corporate governance has been compiled, showcasing a diverse range of sectors and industries [4][5][6][7][8][9][10].