Industry Overview - Flue gas purification equipment is essential for air pollution control, including dust removal, desulfurization, denitrification, and VOCs treatment, widely used in power, metallurgy, and chemical industries [1][2] - The market size of the flue gas purification industry reached 125.8 billion yuan in 2023, expected to grow to 140 billion yuan by 2025, with a compound annual growth rate of 6-8% [1][10] - The industry is undergoing significant transformation, with a shift towards high-efficiency technologies, full industry chain services, and a focus on non-electric sectors [1][10] Technological Development - Major technical routes in China's flue gas purification include electrostatic dust removal, wet desulfurization, SCR denitrification, and VOCs catalytic combustion, each with its advantages and limitations [4][5] - The industry is moving from single pollutant control to collaborative governance and intelligent operation, with innovations like low-temperature electrostatic dust removal and wet electrostatic dust removal being promoted [4][10] Policy Environment - The industry is benefiting from a series of government policies aimed at promoting high-quality development in environmental protection equipment manufacturing, setting clear energy-saving and emission reduction targets [6][7] - Policies include tax incentives, green credit support, and guidelines for equipment updates and technological transformations in key industrial sectors [6][7] Market Structure - The flue gas purification equipment industry has a complete supply chain, with upstream materials like steel and catalysts, midstream equipment manufacturing, and downstream applications primarily in the power sector [9][10] - The market exhibits a multi-tiered competitive landscape, with leading companies like Longking Environmental and Qingxin Environment dominating the mainstream market, while mid-sized and small companies focus on niche segments [14][16] Competitive Landscape - The industry is characterized by a "multi-level, differentiated" competition structure, with top-tier companies leveraging full industry chain layouts and technological advantages [14][16] - Longking Environmental leads the market with a comprehensive approach, while companies like Fida Environmental and Yuanda Environmental focus on specific segments through differentiated technologies [14][16] Future Trends - The industry is transitioning towards non-electric sectors and emerging markets, with steel, cement, and waste incineration becoming key growth areas [19][20] - Carbon capture technologies are accelerating commercialization, pushing the industry towards "zero carbon" transformation [20][21] - Integration of AI and 5G technologies is fostering "one-stop" governance solutions, enhancing operational efficiency and reducing costs [22]

Group 1 - The company held the 11th meeting of the 9th Supervisory Board on July 21, 2025, via electronic communication, with all three supervisors present, complying with relevant laws and regulations [1] - The Supervisory Board approved the adjustment of the repurchase price for the 2023 restricted stock incentive plan based on the 2024 annual equity distribution, confirming it aligns with regulations and will not materially affect the company's financial status or harm shareholder interests [1] - The Supervisory Board also approved the repurchase and cancellation of 1,000,300 shares of restricted stock from 31 incentive recipients who have been granted shares but have not yet lifted the restrictions, with the repurchase funded entirely by the company's own funds [2]

Core Viewpoint - Zhejiang Feida Environmental Technology Co., Ltd. announced the repurchase and cancellation of part of the restricted stock options and the adjustment of repurchase prices, affecting 1,000,300 shares held by 31 incentive targets [1][2][3] Summary by Sections Stock Repurchase Details - The adjusted repurchase price for the initially granted restricted stock is set at 2.39 yuan per share, while the price for reserved stock is 1.99 yuan per share [1][8] - The total repurchase amount is approximately 2.41 million yuan, funded entirely by the company's own resources [8] Reasons for Repurchase - The repurchase is due to changes in the status of incentive targets, including retirements and resignations, which disqualify them from holding the restricted stock [4][5] - A total of 776,500 shares are being repurchased due to disqualifications, with an additional 24,000 shares resulting from performance evaluations not meeting the required standards [6][7] Impact on Company Structure - Following the repurchase, the total share capital will decrease from 889,703,140 shares to 888,702,840 shares, with the proportion of restricted shares slightly decreasing [8] - The repurchase and cancellation of shares are not expected to have a substantial impact on the company's financial status or operational results [8][9] Approval and Compliance - The board of directors and the supervisory board have reviewed and approved the repurchase plan, confirming compliance with relevant regulations and the company's incentive plan [9][10] - Legal opinions affirm that the repurchase and price adjustments have received necessary approvals and are in accordance with applicable laws [10]

Core Viewpoint - Zhejiang Feida Environmental Technology Co., Ltd. is conducting a buyback and cancellation of part of the restricted stock from its 2023 incentive plan, along with an adjustment of the buyback price, in compliance with relevant laws and regulations [1][8]. Group 1: Approval and Authorization - The company's 2023 restricted stock incentive plan was approved by the 17th meeting of the supervisory board and subsequently submitted for shareholder approval, with independent directors expressing agreement [4][5]. - The company received approval from the Zhejiang Provincial State-owned Assets Supervision and Administration Commission for the implementation of the 2023 incentive plan [4][5]. Group 2: Buyback and Price Adjustment Details - The buyback is due to the disqualification of certain incentive recipients, including 3 individuals due to job changes and 4 who have left the company, totaling 776,500 shares to be canceled [8][10]. - A total of 31 individuals will have 1,000,300 shares of restricted stock canceled in this buyback [8][10]. - The adjusted buyback price for the restricted stock is set at 2.39 yuan per share for the first grant and 1.99 yuan per share for the reserved grant, following a cash dividend distribution [9][10]. Group 3: Funding Source - The funds for the buyback, amounting to approximately 2.41 million yuan, will be sourced entirely from the company's own funds [10].

重要内容提示： 浙江菲达环保科技股份有限公司（以下简称公司或菲达环保）于2025年7月 21日召开的第九届董事会第十四次会议和第九届监事会第十一次会议，分别审议 通过了《关于调整2023年限制性股票激励计划回购价格的议案》《关于回购注销 2023年限制性股票激励计划中部分激励对象已获授但尚未解除限售的限制性股 票的议案》，根据《浙江菲达环保科技股份有限公司2023年限制性股票激励计划 （草案）》(以下简称《激励计划》)有关规定，结合近期股权激励对象发生异动 情况及个人绩效考核结果，拟对31名激励对象的部分或全部已获授但尚未解除限 售的限制性股票共1,000,300股进行回购注销。现将相关事项公告如下： 一、股权激励计划已履行的相关审批程序和信息披露情况 1、2023年6月12日，公司召开第八届董事会第二十三次会议，审议通过了《关 于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股票激励计划实施考核管理办法>的议案》《关于提请公司股东大会授 证券代码：600526 证券简称：菲达环保 公告编号：临2025-034 浙江菲达环保科技股份有限公司 关于回购注销部分限制性股 ...

北京天达共和律师事务所 浙江菲达环保科技股份有限公司 回购注销 2023 年限制性股票激励计划 关于 部分限制性股票及调整回购价格的 法律意见书 关于浙江菲达环保科技股份有限公司 北京 上海 深圳 武汉 杭州 成都 南京 西安 广州 北京市朝阳区东三环北路 8 号亮马河大厦写字楼 1 座 20-25 层 邮编：100004 电话：010-65906639 传真：010-65107030 网址：http://www.east-concord.com 二〇二五年七月 北京天达共和律师事务所 回购注销 2023 年限制性股票激励计划部分限制性股票 及调整回购价格的法律意见书 浙江菲达环保科技股份有限公司： 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）、中国证券监督管理委员会（以下简称 "中国证监会"）《上市公司股权激励管理办法》（以下简称"《激励管理办法》"）、 《国有控股上市公司（境内）实施股权激励试行办法》（以下简称《试行办法》 " "）、 《关于规范国有控股上市公司实施股权激励制度有关问题的通知》等有关法律、 法规和规范性文件及《浙江菲达环保科技 ...

证券代码：600526 证券简称：菲达环保 公告编号：临2025-036 浙江菲达环保科技股份有限公司 第九届监事会第十一次会议决议公告 本公司监事会及全体监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。 浙江菲达环保科技股份有限公司（以下简称公司）第九届监事会第十一次 会议于2025年7月16日以电子邮件等形式发出通知，于2025年7月21日以通讯表 决的形式召开。会议应出席监事3人，实际出席监事3人。本次会议的召开程序 符合《公司法》及《公司章程》的有关规定。 一、审议通过《关于调整2023年限制性股票激励计划回购价格的议案》 经审核，监事会认为：本次公司根据 2024 年年度权益分派情况对 2023 年 限制性股票激励计划回购价格的调整，符合《上市公司股权激励管理办法》《浙 江菲达环保科技股份有限公司 2023 年限制性股票激励计划(草案)》（以下简称 同意 3 票，反对 0 票，弃权 0 票。 同意票数占参加会议监事人数的 100%。 二、审议通过《关于回购注销 2023 年限制性股票激励计划中部分激励对象 已获授但尚未解除限售的限制性股 ...

浙江菲达环保科技股份有限公司 第九届董事会第十四次会议决议公告 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。 浙江菲达环保科技股份有限公司（以下简称公司）第九届董事会第十四次会 议于2025年7月16日以电子邮件等形式发出通知，于2025年7月21日以通讯表决的 形式召开。会议应出席董事11人，实际出席董事11人，其中独立董事4名。本次 董事会的召开程序符合《公司法》及《公司章程》的规定。 证券代码：600526 证券简称：菲达环保 公告编号：临2025-033 本议案已经公司董事会薪酬与考核委员会2025年第二次会议审议通过，并同 意提交董事会审议。 同意11票，反对0票，弃权0票。 同意票数占参加会议董事人数的100%。 二、审议通过《关于回购注销2023年限制性股票激励计划中部分激励对象已 获授但尚未解除限售的限制性股票的议案》 一、审议通过《关于调整2023年限制性股票激励计划回购价格的议案》 公司2024年度利润分配方案已经公司2024年年度股东大会审议通过，根据 《上市公司股权激励管理办法》以及《浙江菲达环保科技 ...

证券代码：600526 证券简称：菲达环保 公告编号：临 2025-035 浙江菲达环保科技股份有限公司 关于回购注销限制性股票通知债权人的公告 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。 一、通知债权人原由 浙江菲达环保科技股份有限公司（以下简称公司）于 2025 年 7 月 21 日召开的第九 届董事会第十四次会议和第九届监事会第十一次会议，审议通过了《关于回购注销 2023 年限制性股票激励计划中部分激励对象已获授但尚未解除限售的限制性股票的议案》， 根据公司于 2023 年 7 月 10 日召开的 2023 年第三次临时股东大会的授权，本次回购注 销部分已获授但尚未解除限售的限制性股票属于授权范围内事项，经公司董事会审议通 过即可，无需提交股东大会审议，详见公司于 2023 年 7 月 11 日和 2025 年 7 月 22 日刊 登在上海证券交易所网站（www.sse.com.cn）及《中国证券报》《上海证券报》《证券 时报》的《2023 年第三次临时股东大会决议公告》（公告编号：临 2023-037）和《第 九 ...

Industry Overview - Air pollution control equipment refers to machinery, devices, systems, or technologies used to reduce, control, or eliminate air pollutant emissions, aimed at improving air quality and protecting human health and the ecological environment [1][2] - In 2024, the production of air pollution control equipment in China is projected to reach 414,000 sets [8] - The industry is expected to develop in the direction of "high-end technology, comprehensive services, and global markets" [20] Market Dynamics - Approximately 70% of cities in China do not meet the new air quality standards, particularly in regions like Beijing-Tianjin-Hebei, Yangtze River Delta, and Pearl River Delta, where smog pollution is severe [4] - The market size for air pollution control equipment is estimated to be around 210 billion yuan in 2024 [4] Government Policies - The Chinese government has implemented various policies to combat air pollution, including the "Air Quality Continuous Improvement Action Plan" and the "Comprehensive Governance Action Plan for Air Pollution in the Beijing-Tianjin-Hebei Region and Surrounding Areas for Autumn and Winter 2023-2024" [4][6] - These policies create favorable development opportunities for the air pollution control equipment industry [4] Industry Chain - The upstream of the air pollution control equipment industry includes raw materials such as steel, ceramics, and activated carbon, as well as core components like pulse valves and quality flow meters [10] - The downstream applications primarily involve industries such as petrochemicals, metallurgy, electricity, pharmaceuticals, and building materials [10] Competitive Landscape - The air pollution control equipment industry in China is characterized by intense competition with a diverse range of players, including large state-owned enterprises, private companies, and foreign firms [14] - Major companies in the industry include China Energy Conservation and Environmental Protection Group, Beijing Qingxin Environment, Longking Environmental Protection, and Fida Environmental Protection [14][16] Key Companies - Longking Environmental Protection reported a revenue of 4.966 billion yuan from dust removal equipment and related services in 2024, an increase of 244 million yuan from 2023 [16] - Fida Environmental Protection achieved a revenue of 1.793 billion yuan from dust removal equipment, an increase of 88 million yuan from 2023 [18] Future Trends - The air pollution control equipment industry is expected to face higher demands for pollution reduction and air quality improvement as industrialization and urbanization continue [20]