转自：证券时报 人民财讯8月5日电，中再资环(600217)8月5日晚间公告，7月份，公司全资子公司中再生（黄冈）资源 循环有限公司收到政府补助1296万元，为与收益相关的政府补助，占公司2024年度经审计的归属于上市 公司股东的净利润的57.67%。 ...

格隆汇8月5日丨中再资环(600217.SH)公布，2025年7月份，公司全资子公司中再生（黄冈）资源循环有 限公司收到政府补助1,296万元，为与收益相关的政府补助，占公司2024年度经审计的归属于上市公司 股东的净利润的57.67%。 ...

Industry Overview - The old clothing recycling industry in China is undergoing a significant transformation from extensive recycling to refined resource circulation, with a projected discarded volume of 99.82 million tons in 2024, representing a year-on-year increase of 23.89% [1][9][10] - The current recycling system is underdeveloped, with limited channels leading to a high volume of discarded clothing being landfilled or incinerated, causing resource waste and severe environmental pollution [1][9][10] - The complexity of clothing materials, including cotton, wool, and synthetic fibers, increases sorting and processing difficulties, raising recycling costs [1][10] Industry Development History - The industry has evolved through five stages: exploration (pre-1996), social donation (1996-2008), policy promotion and market exploration (2009-2015), rapid development (2016-2020), and standardization and diversification (2021-present) [4][5] - The establishment of the first licensed company for comprehensive recycling in 2008 marked the beginning of professionalization in the industry [4] - Recent years have seen the introduction of national policies aimed at increasing recycling rates and promoting sustainable practices [5][21] Current Industry Status - The industry is experiencing a shift towards refined resource circulation, with a significant increase in discarded clothing volume indicating rising recycling pressure [9][10] - The lack of public awareness and low participation rates hinder the expansion of recycling channels [1][10] Key Companies and Their Operations - Companies like Zhejiang Jiaren and Puliang Environment are leading in technology-driven recycling, focusing on sorting technology and regeneration processes [14][18] - Puliang Environment utilizes AI sorting systems to achieve a classification efficiency of 0.3 seconds per item, processing 30,000 tons annually [14] - Zhejiang Jiaren has developed a unique chemical recycling process that converts waste polyester clothing into high-quality fibers, with plans for significant capacity expansion [18][20] Industry Trends - The industry is moving towards high-value transformation driven by technological advancements, with national policies aiming for a 25% recycling rate by 2025 [21] - The rise of the Z generation as a consumer force is reshaping industry models, with a growing preference for sustainable fashion and second-hand platforms [22][23] - Globalization is accelerating, with companies adapting to international policies and expanding into new markets, particularly in Southeast Asia and Africa [24]

Group 1 - Haitong Development reported a net profit of 86.87 million yuan for the first half of 2025, a year-on-year decrease of 64.14% [1] - Haitong Development achieved an operating income of 1.8 billion yuan, a year-on-year increase of 6.74% [1] - Crystal Integrated expects a net profit increase of 39.04% to 108.55% for the first half of 2025, with projected revenue between 5.07 billion yuan and 5.32 billion yuan [1] Group 2 - Aerospace Universe anticipates a net profit increase of 50.59% for the first half of 2025, with a projected net profit of 34.38 million yuan [2] - Aerospace Universe's net profit excluding non-recurring gains is expected to grow by 94.90% [2] Group 3 - Guodian Power reported a total power generation of 206.03 billion kWh for the first half of 2025, a year-on-year decrease of 3.61% [3] - The company's market-based transaction electricity accounted for 91.84% of the total electricity sold [3] Group 4 - Shanghai Pharmaceuticals announced that its tranexamic acid injection has passed the consistency evaluation for generic drugs [5] - The drug is primarily used for treating various bleeding disorders [5] Group 5 - Sanyou Chemical received approval to issue up to 900 million yuan in technology innovation corporate bonds [7] - The bond issuance is valid for 24 months from the date of approval [7] Group 6 - Baiyuntian's BAT4406F injection drug has received approval for clinical trials for additional indications [9] - The drug is a next-generation fully human anti-CD20 antibody [9] Group 7 - Huason Pharmaceutical received three drug re-registration approval notices [10] - The approved drugs include Ganji Bingmei tablets and other formulations [10] Group 8 - Shanying International plans to establish the Zhiyuan Fund with a total scale of 100 million yuan [13] - The fund will primarily invest in product companies related to industrial scenarios [13] Group 9 - Yiqiu Resources announced the sale of two properties in Malaysia for a total of approximately 3.67 million yuan [15] - The sale is part of the company's asset management strategy [15] Group 10 - Guizhou Bailing plans to apply for loans totaling no more than 920 million yuan from multiple banks [16] - The loans will be used to replace maturing loans and supplement working capital [16] Group 11 - Samsung Medical's subsidiary won a transformer procurement contract in Brazil worth approximately 341 million yuan [16] - The contract is part of the company's expansion into international markets [16] Group 12 - Changying Tong expects a net profit increase of 72.12% to 110.33% for the first half of 2025 [17] - The projected revenue is between 173 million yuan and 211 million yuan [17] Group 13 - Canqin Technology anticipates a net profit increase of 50.14% to 61.85% for the first half of 2025 [17] - The expected revenue is between 286 million yuan and 290 million yuan [17] Group 14 - Daya Shengxiang signed a lease agreement with an annual rent of 17 million yuan for a production facility [18] - The lease term is for 3 years and 4 months, including a 4-month rent-free period [18] Group 15 - Zhongzai Zihuan announced the resignation of its general manager due to work adjustments [20] - The company will appoint an interim general manager while searching for a permanent replacement [20] Group 16 - Fuwei Co. received a project notification from a well-known luxury brand for seat development [22] - The total sales amount for the project is expected to reach 4.9 billion yuan [22] Group 17 - Meili Technology's application for convertible bonds has been accepted by the Shenzhen Stock Exchange [26] - The issuance is subject to further approval from regulatory authorities [26] Group 18 - Jinzhik Technology announced a stock suspension due to potential control changes [27] - The suspension is expected to last no more than two trading days [27] Group 19 - Zhongtian Technology plans to distribute a cash dividend of 3 yuan per 10 shares [28] - The dividend distribution date is set for July 25, 2025 [28] Group 20 - Huahai Chengke plans to distribute a cash dividend of 0.2002 yuan per share [30] - The dividend distribution date is set for July 29, 2025 [30] Group 21 - Dasheng Intelligent won a smart transportation project contract worth 122 million yuan [31] - The project involves comprehensive monitoring systems for urban rail transit [31] Group 22 - Dongyue Silicon reported a fire incident affecting production operations [32] - The fire has been controlled, but the extent of damage is still being assessed [32] Group 23 - Shaanxi Guotou A reported a net profit of 726 million yuan for the first half of 2025, a year-on-year increase of 5.74% [35] - The company's operating income decreased by 2.95% [35] Group 24 - Yibo Technology announced a plan to reduce shareholding by up to 3% [37] - The reduction is due to the shareholder's funding needs [37] Group 25 - Xiling Information announced a stock suspension due to potential control changes [39] - The suspension is expected to last no more than two trading days [39] Group 26 - Tianli Lithium Energy plans to reduce shareholding by 4.55% through block trading [40] - The reduction is due to the fund's operational timeline nearing its end [40] Group 27 - Sihui Fushi announced plans for a combined shareholding reduction of up to 3% [42] - The reduction is due to the shareholders' personal funding needs [42] Group 28 - Jinma Leisure announced a plan for a combined shareholding reduction of up to 4.83% [44] - The reduction is due to personal funding needs of the controlling shareholder and executives [44] Group 29 - *ST Zitian's stock may be terminated due to financial reporting issues [46] - The company is under regulatory scrutiny for failing to rectify its financial statements [46]

Group 1 - The resignation of Zhang Haihang as the company's director and general manager was submitted on July 18, 2025, due to work adjustments [1][2] - Zhang Haihang's resignation will not result in the board of directors falling below the legal minimum number of members, and he has completed the handover process according to company regulations [1] - The company board held a meeting on July 21, 2025, to appoint Vice General Manager Lv Jiebin to act as the general manager until a new general manager is appointed [2] Group 2 - Zhang Haihang served diligently during his tenure, and the company expressed gratitude for his contributions to its development [2]

证券代码：600217 证券简称：中再资环 公告编号：临 2025-045 注：公司第八届董事会任期已于 2025 年 6 月 22 日届满，换届工作尚在积极筹备中。 二、离任对公司的影响 根据《公司章程》的规定，张海航先生的上述书面辞呈于 2025 年 7 月 18 日生效。张海航先生的离任不会导致公司董事会成员低于 法定最低人数，其已按照公司相关规定完成了交接工作。 为保证公司工作的正常运行，公司董事会于 2025 年 7 月 21 日召 开第八届董事会第四十三次会议，审议通过了《关于公司副总经理代 行总经理职责的议案》，鉴于张海航先生已辞任公司总经理职务，经 公司董事长邢宏伟先生提议，在公司董事会聘任新的公司总经理前， 由公司副总经理吕洁冰先生代行公司总经理职责。 中再资源环境股份有限公司 关于公司董事、总经理离任的公告 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。 重要内容提示： 中再资源环境股份有限公司（以下称公司）董事会于 2025 年 7 月 18 日收到公司董事、 总经理张海航先生的辞职书，张海航先生因工作调 ...

证券代码：600217 证券简称：中再资环 编号：临 2025-046 鉴于张海航先生因工作调整原因不再担任公司总经理职务，为保 证公司工作的正常运行，经公司董事长邢宏伟先生提议，在董事会聘 任新的总经理之前,指定公司副总经理吕洁冰先生代行总经理职责。 公司董事会将按照《上海证券交易所股票上市规则》及公司章程的有 关规定尽快完成总经理的聘任工作。 本议案表决结果：同意 5 票，反对 0 票，弃权 0 票。 本议案的相关内容详见与本公告同日公司披露在上海证券交易 所网站及《中国证券报》《上海证券报》《证券日报》《证券时报》的 《中再资源环境股份有限公司关于公司董事、总经理离任的公告》。 特此公告。 中再资源环境股份有限公司 第八届董事会第四十三次会议决议公告 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，并对其内容的真实性、准确性和完整性承担法律责任。 中再资源环境股份有限公司（以下称公司）第八届董事会第四十 三次会议于 2025 年 7 月 21 日以专人送达方式召开。公司应参与表决 董事 5 人，实际参与表决董事 5 人。经与会董事审议，并以书面记名 投票方式表决，会议形 ...

·中再资源环境股份有限公司（以下称公司）使用 10,000 万元暂时闲置募 集资金进行现金管理已到期赎回，并收到理财收益 34.74 万元，本金及其收益已 归还至募集资金专户。 ·本次进行现金管理概况：使用暂时闲置的募集资金 10,000 万元购买了中 国光大银行保本浮动收益型产品 2025 年挂钩汇率对公结构性存款定制第七期产 品 283，期限 1 个月。 ·已履行的审议程序：公司第八届董事会第二十七次会议、第八届监事会第 十二次会议审议通过了《关于使用部分闲置募集资金进行现金管理的议案》，保 荐人就此事项发表了同意意见。 一、使用部分暂时闲置募集资金进行现金管理赎回情况 公司于 2025 年 5 月 14 日使用暂时闲置的部分募集资金 10,000 万元购买了中国光大银行北京太平路支行对公结构性存款，具体内容 详见公司于 2025 年 5 月 17 日在上海证券交易所网站及公司指定信息 披露媒体《中国证券报》《上海证券报》《证券时报》《证券日报》披 露的《中再资源环境股份有限公司关于使用暂时闲置募集资金进行现 金管理到期赎回并继续进行现金管理的公告》（公告编号：临 2025-029）。2025 年 7 月 ...

Group 1 - The company expects a net profit attributable to shareholders of the parent company for the first half of 2025 to be between -350 million yuan and -180 million yuan, indicating a loss compared to the same period last year [1][2] - The estimated net profit after deducting non-recurring gains and losses is projected to be between -360 million yuan and -190 million yuan [1][2] - In the same period last year, the total profit was 201.58 million yuan, and the net profit attributable to shareholders of the parent company was 156.09 million yuan [1][2] Group 2 - The main reason for the profit reduction is the significant decrease in subsidies for waste electrical and electronic products processing, with the Ministry of Finance announcing a budget of 5 billion yuan for 2025, down from previous years [2][3] - The company is expected to receive 501 million yuan from the budget, which will somewhat improve cash flow from operating activities [2][3] - The company plans to enhance its internal control mechanisms and optimize cost structures to improve operational efficiency and increase the value of dismantled waste electrical products [3]

[Zhongzai Resources Environment Co., Ltd. 2025 H1 Earnings Forecast](index=1&type=section&id=%E4%B8%AD%E5%86%8D%E8%B5%84%E6%BA%90%E7%8E%AF%E5%A2%83%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B82025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) [Current Period Earnings Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company forecasts a net loss for H1 2025, with net profit attributable to shareholders projected between -350 million and -180 million RMB | Metric | Projected Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -350 million to -180 million | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items) | -360 million to -190 million | [Prior Year Period Performance Review](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E5%92%8C%E8%B4%A2%E5%8A%A1%E7%8A%B6%E5%86%B5) The company was profitable in H1 2024, with a net profit attributable to shareholders of 162.21 million RMB and an EPS of 0.1168 RMB | Metric | H1 2024 Amount (RMB) | | :--- | :--- | | Total Profit | 201.58 million | | Net Profit Attributable to Parent Company Shareholders | 162.21 million | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items) | 156.09 million | | Earnings Per Share (EPS) | 0.1168 | [Analysis of Main Reasons for the Forecasted Loss](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%87%8F%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The forecasted loss is mainly due to major adjustments in national subsidy policies for waste appliance disposal, leading to retroactive write-downs - A **significant reduction in national subsidies** for processing waste electrical and electronic equipment is the direct cause of the forecasted loss[5](index=5&type=chunk) - The company has adjusted its recognized subsidy income for FY2024 and H1 2025 based on the new policy, resulting in a corresponding **adjustment to accounts receivable** as of June 2025[5](index=5&type=chunk) [Other Explanations and Countermeasures](index=2&type=section&id=%E5%9B%9B%E3%80%81%E5%85%B6%E4%BB%96%E8%AF%B4%E6%98%8E%E4%BA%8B%E9%A1%B9) The company expects to receive some funds under old and new subsidy schemes, improving cash flow, and is taking steps to enhance operational efficiency - The company expects to receive **RMB 501 million in subsidies** under the original fund system, and new 'reward-based subsidies' will be disbursed within the year, which will **improve operating cash flow**[6](index=6&type=chunk) - The company has pre-communicated the earnings forecast with its annual audit firm, and **no disagreements exist**[6](index=6&type=chunk) - To address policy changes, the company plans to **enhance internal controls, refine operations, optimize cost structures**, and increase the value of dismantled products to improve operational efficiency[7](index=7&type=chunk) [Risk Warning](index=3&type=section&id=%E4%BA%94%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company cautions that these forecast figures are preliminary and the final, accurate data will be in the official H1 2025 report - The data in this earnings forecast is preliminary; **final financial data will be subject to the officially disclosed semi-annual report**[8](index=8&type=chunk)