宇通重工股份有限公司 2025 年第三季度报告 证券代码：600817 证券简称：宇通重工 宇通重工股份有限公司 2025 年第三季度报告 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、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比上 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 年同期增减变 | 年初至报告期末 | 末比上年同期 | | | | 动幅度(%) | | 增减变动幅度 | | | | | | (%) | | 营业收入 | 730,800,201.39 | -28.65 | 2,390,631,064.57 | -4.58 | | 利润总额 | 90,519,346.46 | 23.77 | 260,113,921.24 | 43.37 | | 归属于上市公司股 | 68,489,420.92 | 44.23 | 187,193,384.20 | 43.16 | | 东的净利润 | | | | ...

宇通重工公告，第三季度营收为7.31亿元，同比下降28.65%；净利润为6848.94万元，同比增长 44.23%。前三季度营收为23.91亿元，同比下降4.58%；净利润为1.87亿元，同比增长43.16%。 ...

Investment Rating - Maintain "Buy" rating for the environmental protection industry [1] Core Views - The Fourth Plenary Session emphasizes integrating green development into the modern industrial system, accelerating market-oriented resource allocation, and addressing local government debt as a key task for the 14th Five-Year Plan [9][10] - The report highlights significant growth in the environmental sector, particularly in clean energy, recycling resources, and waste management, driven by policy support and market reforms [12][14] Policy Tracking - The Fourth Plenary Session outlines the importance of green transformation as a systemic project across economic and social development, with specific measures to achieve carbon peak and neutrality goals [9][10] - Key initiatives include accelerating the construction of a dual control system for carbon emissions, promoting green low-carbon energy transformation, and enhancing the circular economy [10][11] Industry Trends - The environmental protection sector is witnessing a surge in new energy sanitation vehicle sales, with a year-on-year increase of 63.18% and a penetration rate rise of 6.29 percentage points to 17.40% [6][9] - The report notes improvements in the profitability of biodiesel production, with stable prices for waste cooking oil and rising net profits [12][14] Investment Recommendations - Focus on clean energy operations, particularly in green electricity and green hydrogen, with specific companies recommended for investment [12][14] - In the recycling sector, companies involved in biofuels and recycled plastics are highlighted as key investment opportunities [12][14] - The report suggests that market-oriented pricing reforms in waste and water management will enhance cash flow stability and profitability for companies in these sectors [13][14] Company Tracking - Longjing Environmental plans to raise 2 billion yuan through a private placement to enhance its capital structure and support growth in green electricity and energy storage [12][14] - The report indicates that companies in the solid waste sector are experiencing improved cash flow and dividend payouts, with notable increases in free cash flow and dividend ratios [19][20]

Market Overview - The environmental equipment sector rose by 0.64% on October 22, with ST Xianhe leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - ST Xianhe (300137) closed at 8.02, up 4.43% with a trading volume of 138,100 shares and a turnover of 110 million yuan [1] - Yutong (600817) closed at 11.76, up 2.89% with a trading volume of 83,400 shares [1] - Jiuwu High-Tech (300631) closed at 31.67, up 2.39% with a trading volume of 166,000 shares [1] - Other notable performers include Falunsheng (000890) up 1.65% and Chulin Technology (001336) up 1.48% [1] Fund Flow Analysis - The environmental equipment sector experienced a net outflow of 22.79 million yuan from institutional investors, while retail investors saw a net outflow of 17.78 million yuan [2] - Conversely, speculative funds recorded a net inflow of 40.58 million yuan [2] Individual Stock Fund Flow - Huahong Technology (002645) had a net inflow of 17.58 million yuan from institutional investors, while retail investors faced a net outflow of 38.68 million yuan [3] - Zhitong Heavy Industry (600817) saw a net inflow of 11.17 million yuan from institutional investors, with retail investors also experiencing a net outflow [3] - Longyuan Technology (300105) had a net inflow of 7.25 million yuan from institutional investors, while retail investors faced a net outflow of 3.56 million yuan [3]

Core Viewpoint - The report highlights the growth in the waste resource recycling industry in China, indicating an increase in the number of enterprises and their significance within the industrial sector [1]. Industry Summary - As of January to August 2025, the number of enterprises in the waste resource comprehensive utilization industry reached 4,127, which is an increase of 387 enterprises compared to the same period last year, representing a year-on-year growth of 10.35% [1]. - The proportion of these enterprises within the total industrial enterprises stands at 0.79% [1]. Company Summary - The report mentions several listed companies involved in the waste resource recycling sector, including Greenme (002340), Huicheng Environmental Protection (300779), Shenwu Energy Saving (000820), and others [1].

证券日报网讯宇通重工（600817）10月16日在互动平台回答投资者提问时表示，公司连续多年实施现金 分红，股权登记日的所有股东都能享受；与此同时，最近两年公司利润持续增长，2025年初至今公司的 平均股价高于前两年的平均股价；公司高度重视市值管理工作，始终以提升经营业绩和公司内在价值作 为市值管理的根本，希望通过长期可持续的发展实现对股东的回报。 ...

Core Points - The company announced a cash dividend of 0.10 CNY per share (including tax) for the first half of 2025 [2][9] - The distribution plan was approved at the annual general meeting on June 25, 2025, and further confirmed by the board meeting on August 22, 2025 [3][4] Distribution Plan - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date [3] - The total number of shares eligible for the dividend is 532,734,346 shares after excluding 570,000 shares that are subject to repurchase [4] - The total cash dividend to be distributed amounts to approximately 53.27 million CNY (including tax) [4] Dividend Calculation - The cash dividend per share is calculated as follows: Cash Dividend = Total Shares Participating × Actual Dividend per Share ÷ Total Shares = 532,734,346 × 0.10 ÷ 533,304,346 ≈ 0.0999 CNY per share [6] - The reference price for ex-dividend trading will be adjusted based on the previous trading day's closing price minus the cash dividend [5][6] Implementation Dates - The cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited Shanghai Branch to shareholders who have completed designated trading [7] - Specific arrangements for certain shareholders, such as those holding restricted shares, will be handled directly by the company [8] Taxation Information - For individual shareholders holding unrestricted shares, the tax rate varies based on the holding period, with a maximum rate of 20% for shares held for one month or less [9][10] - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply, resulting in a net cash dividend of 0.09 CNY per share [10][11]

中国北京建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com / 的法律意见书 宇通重工股份有限公司： 北京市通商律师事务所 关于宇通重工股份有限公司差异化分红事项 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》"）、《上市公司股份回购规则》（以下简称"《股份 回购规则》"）、《上海证券交易所上市公司自律监管指引第 7 号——回购股份》（以 下简称"《自律监管指引第 7 号》"）等相关法律、法规、规范性文件以及《宇通 重工股份有限公司章程》（以下简称"《公司章程》"）的有关规定，北京市通商律 师事务所（以下简称"本所"）接受宇通重工股份有限公司（以下简称 ...

证券代码：600817 证券简称：宇通重工 公告编号：2025-065 宇通重工股份有限公司 2025年半年度利润分配实施公告 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0.10元（含税） 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 | 2025/10/16 | － | 2025/10/17 | 2025/10/17 | 差异化分红送转：是 一、通过分配方案的股东会、董事会届次和日期 宇通重工股份有限公司（以下简称"公司"）于2025 年 6 月 25日召开的2024年度股东大会审议通过了授权董事会制定2025年 中期分红方案。2025 年 8 月 22 日，公司召开第十二届董事会第八 次会议，审议通过了本次利润分配方案。 二、分配方案 1、发放年度：2025年半年度 2、分派对象： 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 ...

Core Points - Yutong Heavy Industry announced the resignation of its securities affairs representative, Liu Peng, due to personal reasons, effective immediately upon delivery of the resignation letter to the board [1] - Following his resignation, Liu Peng will not hold any position within the company, and his responsibilities have been properly handed over [1] - The company stated that Liu Peng's resignation will not affect the ongoing operations related to his work [1]