Summary of Key Points Core Viewpoint - The company, Qianjiang Water Conservancy, has announced a guarantee of 15 million yuan for its wholly-owned subsidiary, Dongyang Qianjiang Water Co., Ltd, to fulfill a contractual obligation related to a PPP project [1][2][3]. Group 1: Guarantee Details - The guarantee amount provided is 15 million yuan, which is within the previously anticipated limit [1]. - The guarantee is backed by a counter-guarantee [1]. - The total external guarantees of the company and its subsidiaries amount to 561.32 million yuan, which represents 14.83% of the company's latest audited net assets [7]. Group 2: Financial Condition of the Subsidiary - Dongyang Qianjiang Water Co., Ltd has been operating at a loss, with a net profit of -4.35 million yuan for the audited year 2024 [5]. - The total assets of Dongyang Qianjiang are approximately 53.08 million yuan, with total liabilities of about 42.84 million yuan [5]. - The company has been unable to secure independent credit from banks due to its financial status, necessitating the parent company's guarantee [3][5]. Group 3: Contractual Obligations - According to the project contract, Dongyang Qianjiang is required to provide a risk guarantee of 15 million yuan to the project owner, which is the Dongyang Water Bureau [2][6]. - The guarantee will be in the form of an irrevocable, on-demand performance bond, valid until November 1, 2027 [6]. - The company is responsible for ensuring the normal operation of the wastewater treatment plant under the PPP project [7].

Core Viewpoint - The company is actively implementing a "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan to enhance operational quality, market competitiveness, and investor returns, in line with national policies and industry standards [1] Group 1: Digital Transformation and Innovation - The company has established a digital center to promote systematic digital transformation, integrating core information infrastructure and business systems to enhance operational efficiency [1][2] - A pilot project at the Zhoushan Dinghai Water Plant has successfully implemented full-process automation, reducing operational staff by one-third and achieving over 95% accuracy in process model predictions [2] - The company is advancing smart wastewater treatment and pipeline network projects, with ongoing research on hydraulic models and intelligent scheduling technologies [2][3] Group 2: Environmental Sustainability - The company is exploring green energy technologies to reduce carbon emissions in water supply and wastewater treatment processes, with plans to establish zero-carbon water plants by 2026 [2] - Five water and wastewater treatment facilities have been identified for upgrades to meet zero-carbon standards, with specific timelines for evaluations and certifications [2] Group 3: Core Business Development - The company is enhancing its investment management system to ensure high-quality project execution and is exploring innovative revenue models [4] - A technology research and development base for agricultural drinking water has been established, focusing on the localization of key components [5] - The company is promoting high-quality drinking water projects, having successfully implemented six projects serving 30,000 people [6] Group 4: Operational Efficiency and Standardization - The company has completed calibration of over 30 water flow meters to improve production data accuracy and is implementing standardization across its operations [7] - A comprehensive business process standardization manual has been developed to streamline operations and enhance management efficiency [7] Group 5: Financial Management and Shareholder Returns - The company has established a special account for managing raised funds, ensuring compliance with regulations and protecting investor interests [9] - A cash dividend distribution plan was approved, with a total cash dividend of 2.5 yuan per 10 shares, representing a 98.59% increase from the previous year [9] Group 6: Governance and Compliance - The company is committed to transparent information disclosure and investor relations management, adhering to legal requirements and enhancing governance practices [10] - A series of internal training sessions have been conducted to improve the skills and compliance knowledge of board members and executives [11]

Core Viewpoint - Qianjiang Water Development Co., Ltd. reported a slight increase in operating income but a significant decrease in net profit for the first half of 2025 compared to the previous year, indicating potential challenges in profitability despite stable revenue growth [1][2]. Financial Summary - Total assets at the end of the reporting period were approximately CNY 10.31 billion, a decrease of 6.44% from the previous year [1]. - Operating income for the reporting period was CNY 1.05 billion, reflecting a year-on-year increase of 3.59% [1]. - Total profit amounted to CNY 176.86 million, showing a slight increase from the previous year's CNY 175.90 million [1]. - Net profit attributable to shareholders was CNY 85.07 million, representing a significant decrease of 24.37% compared to the previous year's CNY 105.80 million [1]. - The net profit after deducting non-recurring gains and losses was not specified, but the cash flow from operating activities was positive [1]. - The weighted average return on equity decreased by 0.13 percentage points to 3.42% [1]. - Basic and diluted earnings per share were both CNY 0.19, down 20.83% from CNY 0.24 in the previous year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,476 [1]. - Major shareholders included China Water Investment Group Co., Ltd. with a 32.54% stake and Zhejiang New Energy Investment Group Co., Ltd. with a 5.67% stake [2]. - The report indicates that there are no significant relationships or concerted actions among the major shareholders, except for some identified connections [2].

Core Viewpoint - The company has announced the completion of several fundraising projects and plans to allocate the remaining funds to other ongoing projects, enhancing the efficiency of fund utilization and supporting the company's operational needs [1][2][11]. Fundraising and Project Overview - The total amount raised through a targeted issuance of A-shares was approximately RMB 573.18 million, with net proceeds after expenses amounting to RMB 572.37 million [2][3]. - The projects that have been completed include: - "Hucun Water Plant Project (Phase I)" - "Lanxi City Dengsheng Water Plant Project" - "Fuzhou Jiangyin Port City Economic Zone Sewage Treatment Plant Mid-term Project (Phase I)" - "Changshan Overseas Chinese Town Sewage Treatment Plant Expansion and Upgrade Project" [1][2][4]. Remaining Fund Allocation - The remaining funds amount to RMB 106.86 million, which will be redirected to the following projects: - "Yongkang City Sewage Treatment Plant (Phase V)" - "Pinghu City Dushan Port Industrial Water Plant Phase III" [1][5][9]. Fund Utilization Efficiency - The decision to reallocate the remaining funds is based on the actual construction status of the projects, aiming to avoid idle funds and improve the efficiency of fund usage, which is expected to enhance the company's economic benefits [4][11]. Approval Process - The board of directors has approved the reallocation of funds, and the sponsor, CITIC Securities, has provided a clear consent opinion, confirming that the necessary approval procedures have been followed [2][11].

Core Points - The company will hold an online performance briefing for the first half of 2025 on September 10, 2025, from 9:30 to 11:30 AM [1][2] - The briefing aims to provide investors with a comprehensive understanding of the company's operational results and financial status for the first half of 2025 [1] - Investors can submit questions from September 3 to September 9, 2025, and the company will address commonly asked questions during the briefing [1][2] Meeting Details - The meeting will take place at the Shanghai Stock Exchange Roadshow Center, accessible via the website http://roadshow.sseinfo.com/ [2] - Key participants include the company's General Manager, Chief Financial Officer, and Independent Director [2] - Investors can participate online during the scheduled time and will receive timely responses to their inquiries [2] Contact Information - Contact person for inquiries is Zhuang Yuwen, reachable at phone number 0571-87974387 or via email at qjsl@qjwater.com [3] - After the briefing, investors can view the meeting's details and main content on the Shanghai Stock Exchange Roadshow Center website [3]

Fundraising Overview - The company raised a total of RMB 581,020,898.64 through a specific stock issuance at a price of RMB 8.72 per share, with a net amount of RMB 572,370,632.48 after deducting issuance costs of RMB 8,650,266.16 [1][2] - The funds were fully deposited into the company's account by December 2, 2024, and verified by Tianjian Accounting Firm on December 3, 2024 [2] Fund Management - The company has established a special account for the management of the raised funds at China Merchants Bank, ensuring compliance with regulations and protecting investors' rights [3] - A tripartite supervision agreement was signed with the underwriter and the bank to regulate the storage of the raised funds [3] Fund Utilization - As of June 30, 2025, the total amount used from the raised funds was RMB 350,216,297.34, with RMB 110,000,000.00 allocated for cash management [2][4] - The company has generated interest income of RMB 720,621.05 and investment income from financial products of RMB 1,199,884.92, resulting in a remaining balance of RMB 114,074,841.11 in the special account [2][4] Project Investment and Replacement - The company approved the use of raised funds to replace self-raised funds previously invested in projects, totaling RMB 312,306,495.90 [5] - The company has completed the replacement of pre-invested funds for various projects, ensuring compliance with regulatory requirements [5][6] Cash Management - The company has been authorized to use up to RMB 300 million of temporarily idle raised funds for cash management, ensuring that this does not affect the normal use of the funds for project construction [5][7] - The company has engaged in structured deposits with China Merchants Bank, generating returns from these investments [7] Project Completion and Surplus Funds - Several projects have been completed and reached a usable state, resulting in surplus funds of RMB 10,685.60 million, which will be redirected to other ongoing projects [8] - The company has adhered to regulations regarding the use of raised funds, ensuring transparency and compliance in its disclosures [8]

钱江水利开发股份有限公司（以下简称"公司"）于2025年8月27日召开第八 届董事会第十次会议，会议审议通过了《关于修订 <公司股东会议事规则> 部分条 款的议案》，本议案尚需提交公司2025年第二次临时股东大会审议及表决。 根据《公司法》《证券法》《上市公司独立董事管理办法》《上海证券交易 所股票上市规则》等法律法规、规范性文件的规定，结合公司的实际情况，拟对 《股东会议事规则》部分条款作相应修订。主要修订内容如下： 序号 修订前 修订后 股东大会 股东会（章程中所有涉及股东大会的事项均调 整为股东会，不再逐一对比） 监事、监事会 参考证监会章程指引，删除监事会、监事相关 一对比 钱江水利开发股份有限公司股东大会 钱江水利开发股份有限公司股东会议事规则 议事规则（2024 年修订） 证券代码：600283 证券简称：钱江水利 公告编号：临 2025-032 钱江水利开发股份有限公司 关于修订《公司股东会议事规则》部分条款的公告 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个别及连带责任。 前述第（三）项持股股数按股东提出 下简称"公 ...

General Principles - The rules aim to standardize the decision-making process of the board of directors of Qianjiang Water Resources Development Co., Ltd. to enhance effective performance and scientific decision-making [1] - The board consists of eleven directors, including four independent directors, and is accountable to the shareholders' meeting [1] Responsibilities - The board is responsible for convening shareholder meetings, executing resolutions, and determining the company's operational plans and investment proposals [6][7] - The board has the authority to decide on significant acquisitions, capital changes, and external investments within the limits set by the shareholders' meeting [6][7] Meeting Proposals and Notifications - The board holds regular meetings at least four times a year, with notifications sent ten days in advance [10] - Temporary meetings can be called under specific circumstances, with notifications sent five days prior [11][12] Meeting Procedures - Board meetings require the presence of more than half of the directors to be valid [18] - Directors must attend meetings in person or delegate their voting rights through a written proxy [19][20] Voting and Resolutions - Resolutions require a majority vote from the attending directors, with specific rules for abstentions and conflicts of interest [27][30] - Meeting records must be maintained, detailing attendance, proposals, discussions, and voting outcomes [34][35] Implementation of Resolutions - The general manager is responsible for implementing board resolutions, with the chairman overseeing the execution and reporting on progress in subsequent meetings [37]

Core Points - The company is Qianjiang Water Resources Development Co., Ltd., established in accordance with the Company Law and other relevant regulations [1][2] - The registered capital of the company is RMB 560,824,898 [2] - The company was approved for its initial public offering of 85 million shares in 2000 and is listed on the Shanghai Stock Exchange [1][3] Company Structure - The company is a permanent joint-stock company with a legal representative who is the chairman [2][3] - Shareholders are liable for the company's debts only to the extent of their subscribed shares, while the company is liable for its debts with all its assets [2][3] Business Objectives and Scope - The company's business objective is to maximize profits while ensuring the legal rights of all shareholders and stakeholders [3][4] - The business scope includes hydropower generation, water supply, environmental protection services, and various engineering and consulting services [4] Share Issuance and Management - The company issues shares in the form of stocks, adhering to principles of openness, fairness, and justice [5][6] - The total number of shares issued by the company is 560,824,898, all of which are ordinary shares [7][8] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and participation in company decisions, as well as obligations to comply with laws and the company’s articles of association [12][39] - The company has provisions for shareholders to propose and vote on resolutions during shareholder meetings [57][58] Governance and Meetings - The company holds annual and extraordinary shareholder meetings, with specific procedures for calling and conducting these meetings [47][49] - The board of directors is responsible for managing the company and reporting to shareholders [73][74]

证券代码：600283 证券简称：钱江水利 公告编号：临 2025-033 钱江水利开发股份有限公司 关于修订《公司董事会议事规则》部分条款的公告 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个别及连带责任。 钱江水利开发股份有限公司（以下简称"公司"）于2025年8月27日召开第八 届董事会第十次会议，会议审议通过了《关于修订 <公司董事会议事规则> 部分条 款的议案》，本议案尚需提交公司2025年第二次临时股东大会审议及表决。 根据《公司法》《证券法》《上市公司独立董事管理办法》《上海证券交易 所股票上市规则》等法律法规、规范性文件的规定，结合公司的实际情况，拟对 《董事会议事规则》部分条款作相应修订。主要修订内容如下： 序号 修订前 修订后 股东会（章程中所有涉及股东大会 对比） 参考证监会章程指引，删除监事会、 监事会职责，不再逐一对比 章节、条款变动导致序号顺延，不 再逐一对比 钱江水利开发股份有限公司董事会议事规 钱江水利开发股份有限公司董事会 则（2024 年修订） 议事规则（2025 年修订） 第六条 董事会对股东大会 ...