Core Viewpoint - The company, Shanghai Environment Group Co., Ltd., is scheduled to hold a half-year performance briefing on September 17, 2025, to communicate with investors regarding its operational performance and address commonly raised questions [3][4][6]. Group 1: Meeting Details - The performance briefing will take place on September 17, 2025, from 15:00 to 16:30 [6]. - The meeting will be conducted via video live streaming and online interaction through the Shanghai Stock Exchange Roadshow Center [6]. - Participants will include the company's Chairman, independent directors, the board secretary, and the financial director [4]. Group 2: Investor Participation - Investors can submit questions from September 10 to September 16, 2025, by logging onto the Shanghai Stock Exchange Roadshow Center website [2][5]. - The company will select and respond to commonly asked questions during the briefing [5]. - Investors can also join the live interaction on the day of the meeting to engage with the company representatives [5][6]. Group 3: Contact Information - The contact for inquiries is the board office, reachable at phone number 021-68907088 and email shhj@shenvir.com [7]. - After the meeting, investors can access the details and main content of the performance briefing on the Shanghai Stock Exchange Roadshow Center [7].

| | | | 上海环境集团股份有限公司 2025 年第一次临时股东会须知 | 1 | | --- | --- | | 上海环境集团股份有限公司 2025 年第一次临时股东会会议议程 2 | | | 议案一：关于取消监事会并修订《公司章程》的议案 | 3 | | 议案二：关于修订《股东会议事规则》的议案 4 | | | 议案三：关于修订《董事会议事规则》的议案 16 | | | 议案四：关于修订《独立董事工作制度》的议案 | 32 | | 议案五：关于修订《关联交易管理制度》的议案 | 33 | | 议案六：关于修订《对外担保管理制度》的议案 | 34 | | 议案七：关于修订《募集资金使用管理办法》的议案 | 35 | 上海环境集团股份有限公司 2025 年第一次临时股东会会议资料 2025 年 9 月 15 日 上海环境集团股份有限公司 2025 年第一次临时股东会须知 为维护投资者的合法权益，确保公司本次股东会的顺利召开，特制定 会议须知如下，望出席股东会全体人员遵守： 1.本次股东会设秘书处，具体负责会议有关程序方面的事宜。 2.会议期间，全体出席人员应以维护股东的合法权益、确保会议正常 秩序和议事效 ...

证券代码：601200 证券简称：上海环境 公告编号：临 2025-025 上海环境集团股份有限公司 关于召开 2025 年半年度业绩说明会的预告公告 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： 一、说明会类型 公司于 2025 年 8 月 28 日在上海证券交易所网站（www.sse.com.cn）披露了 《上海环境集团股份有限公司 2025 年半年度报告》全文及摘要。为了让广大投 资者更进一步了解公司的生产经营等情况，公司定于 2025 年 9 月 17 日（周三） 15:00-16:30 举行 2025 年半年度业绩说明会，与投资者进行沟通和交流，在信息 披露允许的范围内就投资者普遍关注的问题进行回答。 会议召开时间：2025 年 9 月 17 日（周三）15:00-16:30 会 议 召 开 网 址 ： 上 海 证 券 交 易 所 " 上 证 路 演 中 心 " 网 络 平 台 （http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2 ...

Core Insights - The carbon market in China is increasingly important as a key policy tool in achieving the dual carbon goals, with significant developments over the past 20 years [1] - The national carbon market has established a stable institutional framework, with a cumulative trading volume of nearly 700 million tons and a trading value of approximately 48 billion yuan as of the end of August [1][2] - The market is undergoing a critical transformation with the inclusion of additional high-emission industries and the introduction of innovative trading mechanisms [2][4] Group 1: Market Development - The national carbon market officially started trading on July 16, 2021, and has since shown a steady increase in compliance rates, maintaining above 99% over the last three compliance cycles [1] - The market has implemented three main mechanisms to promote emissions reduction: imposing pressure on high-emission enterprises through carbon quotas, quantifying emission reduction benefits for trading, and establishing carbon pricing to guide investments into green sectors [2][3] Group 2: Future Outlook - By 2027, the national carbon market aims to cover all major industrial sectors and transition from intensity control to total control, with a gradual increase in paid allocation [4] - The voluntary carbon market (CCER) is expected to face high-quality project requirements and will need to enhance trading volume, as current supply is significantly lower than theoretical demand [3][5] - To enhance market vitality, the introduction of diverse carbon financial products and the expansion of trading participants, including financial institutions and individuals, is essential [5]

Core Viewpoint - Shanghai Environment Group Co., Ltd. reported stable growth in revenue and net profit for the first half of 2025, focusing on enhancing operational efficiency and quality through refined management practices [1][2]. Financial Performance - The company achieved operating revenue of 2.964 billion yuan, representing a year-on-year increase of 4.68% - Net profit attributable to shareholders reached 336 million yuan, with a year-on-year growth of 8.02% [1]. Business Operations - Shanghai Environment's core business includes municipal solid waste and sewage treatment, along with hazardous waste disposal, soil remediation, municipal sludge treatment, and solid waste resource utilization [1]. - The company has developed a dual-driven model combining light asset and heavy asset businesses, focusing on both planning consulting and waste treatment [1]. Industry Trends - The solid waste incineration industry is transitioning towards lean operations, with an emphasis on refined management and technological upgrades [2]. - Low-carbon cycles and intelligent management are becoming key transformation directions for the industry [2]. Technological Innovation - The company has made significant advancements in research and development, holding 398 patents, including 90 invention patents, and has received over a hundred provincial and national awards [2][3]. - Shanghai Environment is advancing technologies such as cogeneration, photovoltaic power generation, and reclaimed water reuse to enhance operational efficiency [3]. Digital Transformation - The company is implementing a digital transformation framework, launching platforms for medical waste service digitization and integrated solid waste intelligent incineration [3]. - These initiatives aim to improve operational efficiency and decision-making quality [3]. Future Outlook - Shanghai Environment plans to continue enhancing its comprehensive environmental service capabilities and aims to provide integrated environmental solutions [3].

Group 1 - Shanghai Environment (601200) had a financing buy of 15.02 million yuan and a financing repayment of 8.95 million yuan on August 27, resulting in a net financing buy of 6.07 million yuan, with a financing balance of 280 million yuan [1] - Over the past three trading days, the cumulative net financing buy reached 20.42 million yuan, and in the last 20 trading days, there were 13 days with net financing buys [1] - The financing balance on August 27 accounted for 2.52% of the circulating market value [2] Group 2 - On the same day, there was a short selling of 5,100 shares, with no shares repaid, resulting in a net short selling of 5,100 shares and a remaining short selling volume of 67,000 shares [3] - The total short selling balance was 553,400 yuan on August 27 [3] Group 3 - The total margin financing and securities lending balance was 281 million yuan, which increased by 6.11 million yuan or 2.22% compared to the previous day [4] - The margin financing and securities lending balance has shown a consistent upward trend over the past few trading days [4]

Core Points - The document outlines the financial management system of Shanghai Environment Group Co., Ltd, aiming to strengthen financial management, standardize financial behavior, and prevent financial risks [1][2][3] - The financial management system applies to the company and its subsidiaries, including wholly-owned and controlled subsidiaries [1][2] - The company emphasizes the importance of establishing a financial management framework that includes budgeting, cost control, and financial supervision [1][3][4] Financial Management Responsibilities - The financial departments of the company and its subsidiaries are responsible for guiding, managing, and supervising financial activities [2][3] - Key responsibilities include supervising the execution of financial regulations, developing financial policies, and establishing auditing systems for financial reports [2][3] Financial Management Structure - The company must establish a clear financial management structure that defines decision-making and risk management responsibilities [3][4] - A comprehensive budget management system centered on cash flow is required to maximize enterprise value [3][4] Financial Reporting and Analysis - The company is required to prepare and disclose accurate financial reports in accordance with relevant laws and regulations [26][27] - The board of directors is responsible for the authenticity and completeness of financial reports [26][27] Cost Control and Budget Management - The company must implement a cost control management system and establish necessary approval procedures for expenses [49][50] - A comprehensive budget system is mandated, with the shareholders' meeting as the highest authority for budget approval [56][57] Asset Management - The company is required to establish asset management systems, including receivables, inventory, and fixed assets [40][41][42] - Regular assessments and audits of assets are necessary to ensure proper management and compliance with regulations [40][41][42] Risk Management and Supervision - The company must implement internal control systems to ensure effective financial supervision and prevent conflicts of interest [95][96] - An internal audit system is required to monitor financial activities and ensure compliance with laws and regulations [99][100]

General Provisions - The purpose of the audit committee is to enhance the decision-making function of the board, ensure effective supervision of senior management, and improve the internal control capabilities of the company [1] - The audit committee is established as a specialized committee of the board, responsible for the duties of the supervisory board as stipulated by the Company Law, and reports to the board [1][2] Composition of the Committee - The audit committee consists of three members, all of whom must be directors not holding senior management positions, including two independent directors [2][3] - The committee's chairperson must be an independent director with accounting expertise [2] Responsibilities and Authority - The audit committee is responsible for reviewing financial information, supervising internal and external audits, and evaluating internal controls [4][5] - Key responsibilities include approving financial reports, hiring or dismissing external auditors, and overseeing the company's financial reporting processes [5][6] - The committee must ensure the integrity of financial reports and monitor for potential fraud or significant misstatements [11][12] Internal Audit Oversight - The audit committee supervises the internal audit department and must receive reports on internal audit activities at least quarterly [2][15] - The committee is tasked with evaluating the effectiveness of internal controls and must report any significant deficiencies to the board [8][18] Meeting Procedures - The audit committee must hold regular meetings at least quarterly, with provisions for special meetings as needed [20][21] - A quorum requires the presence of at least two-thirds of the committee members, and decisions are made by majority vote [23][24] Documentation and Reporting - Meeting minutes must be recorded, and members are required to maintain confidentiality regarding the discussed matters [27][29] - The audit committee must submit its decisions and recommendations in writing to the board [28]

Core Points - The document outlines the management system for related party transactions of Shanghai Environment Group Co., Ltd, aiming to ensure fairness and protect the rights of shareholders [1][2][3] - The system applies to the company and its subsidiaries, defining related parties and the types of transactions that fall under this regulation [1][2][3] Related Party Transactions and Related Parties - Related parties include both legal entities and natural persons that have significant control or ownership over the company [2][3] - Related transactions encompass various activities such as asset purchases, financial assistance, and management services [2][3][4] Principles of Related Party Transactions - Related party transactions must adhere to principles of honesty, fairness, and transparency [4][5] - The pricing of these transactions should be fair and based on market standards or reasonable costs [3][4][5] Decision-Making and Approval Process - Transactions exceeding certain thresholds require approval from independent directors and must be disclosed [5][6] - The company must follow specific procedures for reviewing and approving related party transactions, especially those involving significant amounts [5][6][7] Disclosure and Reporting Requirements - The company is obligated to disclose related party transactions according to stock exchange regulations [36][37] - Directors and major shareholders must report related party relationships to the board for proper management [18][19] Additional Provisions - The document includes provisions for financial assistance to related parties, ensuring that such transactions are properly evaluated and approved [24][25] - It also outlines the need for risk assessment and management when engaging in financial transactions with related parties [12][13]

Core Viewpoint - The Shanghai Environment Group has established an ESG (Environmental, Social, and Governance) Committee under its board to enhance its governance structure and improve decision-making related to ESG matters [1][2]. Group 1: Committee Structure - The ESG Committee consists of three directors, with members nominated by the chairman, independent directors, or a third of the board [3][4]. - The committee will have a chairperson elected from its members and will operate for the same term as the board of directors [2][3]. - An ESG Executive Committee will be established to support the ESG Committee, comprising senior management and responsible for implementing ESG initiatives [2][3]. Group 2: Responsibilities - The main responsibilities of the ESG Committee include proposing ESG strategic goals, identifying sustainability-related risks and opportunities, and reviewing ESG-related disclosures [3][4]. - The committee is accountable to the board and must submit proposals for board review [4]. Group 3: Decision-Making Process - The ESG Executive Committee will prepare proposals for the ESG Committee, which will then discuss and submit results to the board [5][6]. - The ESG Committee is required to meet at least once a year, with meetings called by the chairperson or a majority of the members [6][7]. Group 4: Meeting Rules - Meetings can be held in person or via communication methods, and decisions require a majority vote from attending members [7][8]. - The committee must maintain confidentiality regarding discussed matters and ensure proper documentation of meeting records [7][8].