Market Overview - The Shanghai Composite Index fell by 0.39% on November 11, with 15 out of the 28 sectors rising, led by retail and real estate, which increased by 1.43% and 0.81% respectively [2] - The environmental protection sector rose by 0.42% [2] - The telecommunications and electronics sectors experienced the largest declines, with drops of 2.20% and 1.74% respectively [2] Capital Flow Analysis - The main capital outflow from the two markets totaled 56.242 billion yuan, with five sectors seeing net inflows [2] - The banking sector had the highest net inflow, with 0.35% increase and a net inflow of 808 million yuan [2] - The steel sector also saw a rise of 0.62% with a net inflow of 391 million yuan [2] - The electronics sector had the largest net outflow, totaling 13.026 billion yuan, followed by the computer sector with a net outflow of 7.028 billion yuan [2] Environmental Protection Sector Performance - The environmental protection sector saw a net inflow of 309 million yuan, with 82 out of 133 stocks rising [3] - One stock, Fulongma, had a significant net inflow of 815 million yuan, while Feima International and Zhejiang Fuhua followed with inflows of 153 million yuan and 49.68 million yuan respectively [3] - The sector also had stocks with notable outflows, including Yuanda Environmental with a net outflow of 292 million yuan and Huicheng Environmental with 66.23 million yuan [5] Top Gainers in Environmental Protection Sector - Fulongma led the gains with a 10% increase and a turnover rate of 28.87%, followed by Feima International with a 6.10% increase [3][4] - Other notable gainers included Zhejiang Fuhua (3.05%), Shangaohuaneng (3.66%), and Junxin Co. (3.69%) [3][4] Top Losers in Environmental Protection Sector - Yuanda Environmental had the largest decline at -9.94%, followed by Haitan Co. at -10.03% [5] - Other significant losers included Huicheng Environmental (-2.49%) and Qingshuiyuan (8.02%) [5]

Core Viewpoint - Yunda Environmental's stock price has shown significant growth this year, with a year-to-date increase of 25.17% and a recent surge of 34.94% over the past 60 days, despite a slight decline of 2.05% on November 11 [1] Company Overview - Yunda Environmental, established on June 30, 1994, and listed on November 1, 2000, is located in Chongqing and specializes in energy-ecological integration, including air pollution control, industrial and municipal water treatment, hazardous waste management, and soil remediation [1] - The company's main revenue sources are: flue gas desulfurization and denitrification (57.93%), environmental engineering (18.66%), catalyst sales (11.67%), water treatment operations (10.50%), and other (0.91% and 0.32%) [1] Financial Performance - For the period from January to September 2025, Yunda Environmental reported a revenue of 2.936 billion yuan, a year-on-year decrease of 5.16%, and a net profit attributable to shareholders of 56.0255 million yuan, down 36.60% year-on-year [2] - The company has distributed a total of 849 million yuan in dividends since its A-share listing, with 21.8629 million yuan distributed over the past three years [3] Shareholder Information - As of October 31, 2025, Yunda Environmental had 46,000 shareholders, a decrease of 0.69% from the previous period, with an average of 16,977 circulating shares per shareholder, an increase of 0.69% [2] - The sixth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 5.956 million shares, an increase of 2.6329 million shares from the previous period [3]

Core Viewpoint - The stock of Yuanda Environmental Protection has reached a new high in trading volume since April 16, 2025, indicating strong market interest and performance [2] Group 1: Company Performance - As of 10:23, the trading volume for Yuanda Environmental Protection reached 1.062 billion RMB, marking a new high since April 16, 2025 [2] - The latest stock price increased by 6.82%, with a turnover rate of 7.49% [2] - The previous trading day recorded a total trading volume of 888 million RMB [2] Group 2: Company Background - Yuanda Environmental Protection Co., Ltd. was established on June 30, 1994, with a registered capital of 7,808.1689 million RMB [2]

Core Viewpoint - The company, Yuanda Environmental Protection, announced that its stock price has experienced an abnormal fluctuation, with a cumulative increase of 20% over three consecutive trading days [1] Group 1: Stock Performance - The stock price of Yuanda Environmental Protection has deviated significantly, with a cumulative increase of 20% over three trading days, indicating unusual trading activity [1] - The company confirmed that its production and operations are normal, and there have been no significant changes in the internal or external operating environment [1] Group 2: Disclosure and Announcements - Yuanda Environmental Protection disclosed a major asset restructuring announcement on October 19, 2024, and has provided updates on the progress of this restructuring [1] - The company stated that there are no other significant undisclosed information that should be made public [1]

Core Viewpoint - The controlling shareholder of Yuanda Environmental Protection Co., Ltd., the State Power Investment Corporation, confirmed that there are no significant undisclosed matters affecting the company's stock price fluctuations, aside from previously disclosed major asset restructuring information [1] Summary by Relevant Sections - **Company Response to Stock Price Inquiry** - Yuanda Environmental sent an inquiry letter regarding abnormal stock price fluctuations to its controlling shareholder on November 7, 2025 [1] - The State Power Investment Corporation responded on the same day, stating that there are no other significant matters affecting stock trading fluctuations [1] - **Disclosure of Information** - The company confirmed that aside from the previously disclosed major asset restructuring, there are no other significant undisclosed matters [1]

证券代码：600292 证券简称：远达环保 编号：临 2025－075 号 国家电投集团远达环保股份有限公司 关于股票交易异常波动的公告 本公司董事会及全体董事保证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。 重要内容提示： ●国家电投集团远达环保股份有限公司（以下简称"公司"） 股票连续三个交易日内收盘价格涨幅偏离值累计达到 20%，属 于股票交易异常波动。 ●公司股票于 2025 年 11 月 5 日至 11 月 7 日连续 3 个交 易日股票交易价格涨幅累计达 20.86%，短期内股价波动较大， 可能存在短期涨幅较大后的下跌风险。公司所属证监会行业大 类为"生态环保和环境治理业"，根据万得金融终端数据显示， 截至 2025 年 11 月 7 日公司最新滚动市盈率为 3,635.42 倍， 行业最新滚动市盈率为 91.62 倍，公司滚动市盈率显著高于同 行业平均水平，敬请投资者注意二级市场交易风险。 ●公司 2024 年 10 月 19 日披露重大资产重组事项，并陆 续披露了相关进展情况，截至本公告出具之日，本次交易已履 行全部所需的决策及 ...

关于远达环保问询函的复函 国家电投集团远达环保股份有限公司: 本公司作为你公司的控股股东,确认截止目前除你公司 前期已披露的重大资产重组信息以外,不存在影响你公司股 票交易异常波动的其他重大事项,也不存在其他应披露而未 披露的重大信息。 特此复函。 展公司 H 你公司于 2025 年 11 月 7 日发来的《关于公司股价异常 波动是否存在重大影响股价波动事项的咨询函》收悉,现回 复如下: ...

Core Viewpoint - Yuan Da Environmental Protection (600292) announced on November 7 that its stock price has deviated significantly, with a cumulative increase of 20% over three consecutive trading days, indicating abnormal trading activity [1] Group 1: Company Operations - The company conducted a self-examination and confirmed that its production and operations are normal [1] - There have been no significant changes in the internal and external operating environment [1] Group 2: Major Announcements - On October 19, 2024, the company disclosed a major asset restructuring announcement and has been providing updates on the progress [1] - The company stated that there are no other significant undisclosed information that should be disclosed [1]

Core Insights - The environmental governance sector saw a rise of 0.62% on November 7, with Qing Shui Yuan leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Qing Shui Yuan (300437) closed at 14.66, up 19.97% with a trading volume of 569,200 shares and a transaction value of 762 million [1] - Other notable gainers include: - Shan Gao Huan Neng (000803) at 7.59, up 10.00% [1] - Hai Tian Co., Ltd. (603759) at 15.96, up 9.99% [1] - Yuan Da Environmental (600292) at 16.86, up 9.98% [1] - Decliners in the sector included: - Zhong Chuang Environmental (300056) at 9.03, down 4.44% [2] - Hui Cheng Environmental (300779) at 152.23, down 3.65% [2] Capital Flow - The environmental governance sector experienced a net inflow of 126 million from institutional investors, while retail investors saw a net inflow of 195 million [2] - Notable capital flows include: - Yuan Da Environmental with a net inflow of 174 million from institutional investors [3] - Shan Gao Huan Neng with a net inflow of 53.67 million from institutional investors [3] - Qing Shui Yuan with a net inflow of 26.36 million from institutional investors [3]

Core Points - The company has announced a delay in the board of directors' re-election due to ongoing major asset restructuring [1] - The current board will continue to fulfill their duties until the re-election process is completed [1] - The delay in the re-election will not affect the company's normal production and operations [1] Summary by Sections - **Board of Directors' Re-election** - The term of the 10th board of directors has expired, necessitating a re-election as per legal and regulatory requirements [1] - The re-election process will be postponed to ensure continuity and stability during the ongoing asset restructuring [1] - **Ongoing Operations** - The company assures that the delay in the re-election will not impact its normal business operations [1] - The company will actively promote the progress of related work and hold meetings to discuss the re-election as soon as possible [1]