证券代码：600323 证券简称：瀚蓝环境 公告编号：临 2025-052 瀚蓝环境股份有限公司 2025年中期权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.25元 相关日期 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上 海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本815,347,146股为基数，每股派发现金红 利0.25元（含税），共计派发现金红利203,836,786.50元。 1. 发放年度：2025年中期 2. 分派对象： 三、 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/10/30 | － | 2025/10/31 | 2025/10/31 | 差异化分红送转： 否 一、 通过分配方案的股东会届次和日 ...

Core Viewpoint - The stock of Hanlan Environment has experienced fluctuations, with a current price of 28.61 CNY per share, reflecting a year-to-date increase of 25.37% [1] Group 1: Stock Performance - As of October 23, Hanlan Environment's stock price decreased by 2.02%, with a trading volume of 1.12 billion CNY and a turnover rate of 0.47% [1] - The stock has seen a 0.85% increase over the last five trading days, a 5.34% increase over the last 20 days, and a 6.12% increase over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Hanlan Environment reported a revenue of 5.763 billion CNY, a year-on-year decrease of 1.05%, while the net profit attributable to shareholders was 969 million CNY, reflecting an increase of 8.99% [2] - Cumulatively, the company has distributed 2.999 billion CNY in dividends since its A-share listing, with 1.223 billion CNY distributed in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Hanlan Environment was 21,100, a decrease of 11.23% from the previous period, with an average of 38,719 circulating shares per shareholder, an increase of 12.65% [2] - The ninth largest circulating shareholder is ICBC Red Fortune Mixed A, holding 7.0034 million shares as a new shareholder, while Hong Kong Central Clearing Limited has exited the top ten circulating shareholders [3] Group 4: Business Overview - Hanlan Environment, established on December 17, 1992, and listed on December 25, 2000, operates in water supply, wastewater treatment, solid waste treatment, and gas supply [1] - The revenue composition includes solid waste business (37.71%), energy supply (32.36%), sanitation (9.14%), water supply (8.48%), drainage (5.11%), interest income from PPP projects (3.46%), construction income from PPP projects (2.22%), and other businesses (1.52%) [1]

Group 1 - The company announced the termination of its investment cooperation with private equity funds, specifically the dissolution and liquidation of the Guihan Fund, in which the company had invested 5 million yuan, accounting for 49.95% of the fund [1][2] - Since the Guihan Fund's formal operation, no project investments have been made, leading to the unanimous decision by all partners to dissolve the fund [2] - The company's investment of 5 million yuan is relatively small, and the liquidation will not have a significant impact on the company's overall operations [3] Group 2 - The company will closely monitor the subsequent liquidation process of the Guihan Fund and will fulfill its information disclosure obligations in accordance with relevant regulations [3] - The announcement serves to inform investors about the current status of the company's investment activities with private equity funds [4]

证券代码：600323 证券简称：瀚蓝环境 公告编号：临 2025-051 瀚蓝环境股份有限公司 与私募基金合作投资事项终止的公告 一、合作投资基本概述情况 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： | 投资标的名称 | 业（有限合伙） | | 佛山市南海区桂瀚环保产业股权投资合伙企 | | --- | --- | --- | --- | | 投资金额（万元） | 500 | | | | 投资进展阶段 | 完成 | 终止 | 交易要素变更 进展 | | 特别风险提示（如有请勾选） | 募集失败 未能完成备案登记 | | | | | 提前终止 | | | | | 发生重大变更 | | | | | 其他： | | | 瀚蓝环境股份有限公司（以下简称"公司"）与广东高成长企业股权投资管 理有限公司、佛山市南海区桂城科技股权投资合伙企业（有限合伙）、广东隐冠 二号科技股权投资合伙企业（有限合伙）共同出资设立佛山市南海区桂瀚环保产 业股权投资合伙企业（有限合伙）（以下简称"桂瀚基金"）。公司实际出 ...

Core Viewpoint - The company has announced the establishment of a joint investment partnership focused on environmental industries, but it has not engaged in any project investments since its inception, leading to a unanimous decision to dissolve the fund [1] Group 1 - The company, along with several investment partners, has contributed to the establishment of the "Guichan Environmental Industry Equity Investment Partnership" with a total investment of 500,000 yuan, representing a 49.95% stake [1] - Since the Guichan Fund's official operation, no project investments have been made [1] - A recent partner meeting resulted in a unanimous agreement to dissolve and liquidate the Guichan Fund, with the company’s investment amount being relatively small and not expected to have a significant impact [1]

Core Viewpoint - Hanlan Environment (600323.SH) announced the dissolution and liquidation of the Guihan Fund, which has not made any project investments since its establishment [1] Group 1 - The decision to dissolve the Guihan Fund was unanimously agreed upon by all partners during a recent partners' meeting [1] - The company has invested a total of 5 million yuan in the Guihan Fund, which is considered a small amount [1] - The liquidation process will not have a significant impact on the company's overall operations [1]

Core Viewpoint - Hanlan Environment (600323.SH) announced the dissolution and liquidation of the Guihan Fund, which has not made any project investments since its formal operation [1] Group 1 - The decision to dissolve the Guihan Fund was unanimously agreed upon by all partners during a recent partners' meeting [1] - The company has invested a total of 5 million yuan in the Guihan Fund, which is considered a small amount [1] - The liquidation process will not have a significant impact on the company [1]

Core Insights - Hanlan Environment's subsidiary, Hanlan Bioenergy Technology (Guangdong) Co., Ltd., has signed a cooperation agreement with China Resource International Venture Capital (Shenzhen) Co., Ltd. to enhance collaboration in renewable oil trade, waste oil treatment, green energy, and biomass energy [1] Group 1: Partnership and Strategic Goals - The partnership aims to strengthen technology research and development, market expansion, and resource sharing, focusing on the development and application of emerging energy [1] - China Resource International, a member of China Resource Recycling Group, aims to build a global supply chain for strategic renewable resources and promote green low-carbon circular economy development [1] Group 2: Operational Capabilities - Hanlan Environment operates 19 kitchen waste and animal harmless treatment plants nationwide, producing waste oil and biodiesel annually through a stable raw material supply and efficient industrial park collaboration [2] - The company has established a smart and efficient collection and transportation system for waste oil, significantly improving collection efficiency through real-time monitoring and dynamic route planning [2] Group 3: Technological Advancements - Hanlan Environment focuses on high-value conversion of waste oil, utilizing advanced refining processes to produce sustainable aviation fuel (SAF) raw materials and recycled plastic substrates, aligning with national green development strategies [3] - The collaboration is expected to provide innovative practice cases for the circular economy and contribute to national green low-carbon circular development [3]

Core Viewpoint - A total of 80 stocks have shown a continuous improvement in net profit for two consecutive quarters, indicating a positive trend in profitability [1] Group 1: Profitability Trends - As of the third quarter of 2025, 80 stocks have reported profitability with both the third and second quarters showing sequential net profit growth [1] - Continuous improvement in net profit suggests that these companies are in a phase of sustained profitability enhancement [1] Group 2: Valuation Levels - Among the 80 stocks with improving performance, 29 have a rolling price-to-earnings (PE) ratio below 30 times [1] - Xinhua Insurance has the lowest rolling PE ratio at 7.01 times, while several companies like Zijin Mining, Hanhua Environment, and others have PE ratios ranging from 10 to 20 times [1] Group 3: Capital Inflows - Recently, some low PE ratio stocks with continuous performance improvement have attracted increased investment from financing clients [1] - As of October 20, 2023, seven stocks have seen net financing purchases exceeding 100 million yuan since October, with Zijin Mining leading at a net purchase of 2.349 billion yuan [1]

Core Viewpoint - The collaboration between Huanlan Environment and Zhongzi Huan International aims to enhance cooperation in renewable oil trade, waste oil treatment, green energy, and biomass energy, contributing to national energy transition projects [1][2]. Group 1: Collaboration Details - Huanlan Environment's subsidiary, Huanlan Bioenergy Technology (Guangdong) Co., Ltd., signed a cooperation agreement with Zhongzi Huan International to deepen collaboration in various green energy sectors [1]. - The partnership is seen as a response to global environmental challenges and a commitment to green development, leveraging each party's strengths for resource sharing and maximizing the "technology + scenario" multiplier effect [1][2]. Group 2: Industry Context - Zhongzi Huan International is part of the China Resource Recycling Group, which focuses on promoting a green low-carbon circular economy in the Guangdong-Hong Kong-Macao Greater Bay Area [1][2]. - The collaboration aligns with China's "14th Five-Year" circular economy development plan and energy transition strategy, showcasing a strong alliance between industry leaders [2]. Group 3: Operational Insights - Huanlan Environment operates 19 kitchen waste treatment and animal harmless treatment plants nationwide, producing stable outputs of waste oil and biodiesel annually [2]. - The company has developed a smart collection system that enhances efficiency in waste collection, ensuring high collection rates and traceability in agricultural waste management [2]. Group 4: Technological Advancements - Huanlan Environment focuses on high-value conversion paths for waste oil, utilizing advanced refining processes to produce sustainable aviation fuel (SAF) and recycled plastic materials [3]. - The collaboration is expected to support national green development strategies and provide practical cases for the circular economy [3].