广西绿城水务集团股份有限公司 2025 年第二次临时股东会会议材料 广西绿城水务集团股份有限公司 2025 年第二次临时股东会会议材料 尊敬的各位股东及股东代表： 为维护全体股东的合法权益，保证股东会的正常秩序和议事效率，根据中国证监 会《上市公司股东会规则》及《公司章程》、《公司股东会议事规则》的有关规定，特 制定本须知，请出席股东会的全体人员遵照执行。 二〇二五年十一月十三日 广西绿城水务集团股份有限公司 2025 年第二次临时股东会会议材料 目 录 | 2025 年第二次临时股东会会议须知 | 1 | | --- | --- | | 2025 年第二次临时股东会议程 | 2 | | 议案一：关于变更 2025 | 年度财务报表及内部控制审计机构的议案 3 | | 议案二：关于申请注册发行公司债券的议案 | 4 | | 议案三：关于申请注册发行超短期融资券的议案 | 6 | 广西绿城水务集团股份有限公司 2025 年第二次临时股东会会议材料 广西绿城水务集团股份有限公司 2025 年第二次临时股东会会议须知 一、会议期间，参加会议的全体人员应以维护股东的合法权益、保证会议的正常 秩序和议事效率为原则，认真 ...

Core Viewpoint - Greentown Water is a leading urban water supply and sewage treatment company in Guangxi, with a regional monopoly advantage, and has shown strong financial performance in the industry [1][2]. Financial Performance - For Q3 2025, Greentown Water reported revenue of 1.882 billion yuan, ranking 13th out of 51 in the industry, with the top competitor, Chuangxin Environmental, at 13.453 billion yuan [2]. - The net profit for the same period was 135 million yuan, ranking 17th in the industry, with the leading company, Chuangxin Environmental, at 1.908 billion yuan [2]. Profitability and Debt - As of Q3 2025, Greentown Water's debt-to-asset ratio was 80.29%, an increase from 78.35% year-on-year, significantly higher than the industry average of 49.82% [3]. - The gross profit margin for Q3 2025 was 40.06%, up from 36.53% year-on-year, and above the industry average of 32.13% [3]. Management Compensation - The total compensation for General Manager Jiang Junhai increased by 32,900 yuan in 2024, reaching 492,100 yuan compared to 459,200 yuan in 2023 [4]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 2.08% to 26,500, while the average number of circulating A-shares held per account decreased by 2.04% to 33,300 [5].

Core Viewpoint - The company, Guangxi Greentown Water Group Co., Ltd., plans to issue corporate bonds not exceeding RMB 2 billion to professional investors, with a maturity of up to 10 years, to support its operational needs and debt structure adjustment [8][9][10]. Financial Data - The financial reports for the third quarter of 2025 have not been audited [3]. - The company has confirmed the accuracy and completeness of its financial information for the quarterly report [2]. Bond Issuance Details - The registered scale for the bond issuance is capped at RMB 2 billion, with the specific issuance amount to be determined based on market conditions [9]. - The bonds will be issued without collateral and will rely on the company's good credit standing over the past three years for repayment assurance [13]. - The funds raised will primarily be used for daily operations, debt restructuring, and replenishing working capital [13]. Shareholder Meeting - The second extraordinary general meeting of 2025 is scheduled for November 13, 2025, to discuss various proposals including the bond issuance [22][63]. - The meeting will utilize a combination of on-site and online voting methods [22][24]. Accounting Firm Change - The company has decided to change its auditing firm from Zhihong to Beijing Guofu Accounting Firm for the 2025 fiscal year, following the expiration of the previous contract [66][68]. - The decision to change auditors was made after thorough consideration of the company's business needs and compliance with relevant regulations [78].

Group 1 - The core point of the article is that Greentown Water (SH 601368) announced a board meeting to discuss changes in the financial statement and internal control audit institution for the year 2025 [1] - For the first half of 2025, Greentown Water's revenue composition is as follows: sewage treatment accounts for 64.06%, water supply for 33.88%, engineering construction for 1.39%, other businesses for 0.46%, and testing services for 0.21% [1] - As of the report date, Greentown Water has a market capitalization of 4.5 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market's transformation [1] - The article suggests that a new "slow bull" market pattern is emerging [1]

证券代码：601368 证券简称：绿城水务 公告编号：2025-029 广西绿城水务集团股份有限公司关于变更会计师事务所的公告 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。 重要内容提示： ●拟聘任的会计师事务所名称：北京国富会计师事务所（特殊普通合伙）（以下简称 "北京国富"） ●原聘任的会计师事务所名称：致同会计师事务所（特殊普通合伙）（以下简称"致 同"） ●变更会计师事务所的简要原因及前任会计师的异议情况：鉴于公司与原审计机构致 同合作期限已到期，综合考虑公司现有业务状况和年度审计需求，根据财政部、国务院国 资委、证监会联合印发的《国有企业、上市公司选聘会计师事务所管理办法》（财会〔2023〕 4 号）等有关规定，公司以公开方式选聘 2025 年度财务报表及内部控制审计机构。公司已 就变更事项与致同进行了充分沟通，致同对本次变更事项无异议。 广西绿城水务集团股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日召开第五届 董事会第二十八次会议，审议通过了《关于变更 2025 年度财务报表及内部控制审计机 ...

证券代码：601368 证券简称：绿城水务 公告编号：2025-031 广西绿城水务集团股份有限公司 关于召开2025年第二次临时股东会的通知 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、 召开会议的基本情况 (一)股东会类型和届次 2025年第二次临时股东会 (四)现场会议召开的日期、时间和地点 召开地点：广西南宁市青秀区桂雅路 13 号绿城水务调度检测中心 1519 会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 11 月 13 日 至2025 年 11 月 13 日 股东会召开日期：2025年11月13日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，1 ...

证券代码：601368 证券简称：绿城水务 公告编号：2025-028 广西绿城水务集团股份有限公司第五届董事会第二十八次会议 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。 一、董事会会议召开情况 广西绿城水务集团股份有限公司（以下简称"公司"）第五届董事会第二十八次会议于 2025 年 10 月 27 日在广西南宁市青秀区桂雅路 13 号绿城水务调度检测中心 1519 会议室召 开，本次会议以现场方式进行。会议应出席董事 9 人，现场出席董事 7 人(其中，何焕珍女 士以通讯方式参加），委托出席董事 2 人（独立董事曾富全先生、邓炜辉先生因工作原因 未能亲自出席本次会议，均委托何焕珍女士代为表决）。本次会议由董事长黄东海先生召 集和主持，公司高级管理人员列席了会议。会议的召集、召开及表决程序符合《公司法》 和本公司章程的有关规定。 二、董事会会议审议情况 （一）审议通过《关于公司 2025 年第三季度报告的议案》 本议案已经公司第五届董事会审计委员会 2025 年第四次会议审议通过，同意提交公司 董事会审议。 具 ...

关于面向专业投资者公开发行公司债券预案的公告 广西绿城水务集团股份有限公司 证券代码：601368 证券简称：绿城水务 公告编号:2025-030 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。 广西绿城水务集团股份有限公司（以下简称"公司"）于2025年10月27日召开 第五届董事会第二十八次会议，审议通过《关于申请注册发行公司债券的议案》， 同意公司面向专业投资者公开发行不超过人民币20亿元（含20亿元）的公司债券， 期限不超过10年（含10年）；同意提请公司股东会授权董事长或董事长授权的其 他人士在本次注册发行方案内，办理公司债券注册、发行及存续、兑付兑息有关 的一切事宜。现将有关事项公告如下： （六）担保情况：本次公司债券采用无担保方式发行。 （七）偿债保障措施：公司最近三年资信情况良好，具有偿债资金来源，并 建立偿债管理计划，保障到期偿付。 一、关于公司符合面向专业投资者公开发行公司债券条件的说明 根据《中华人民共和国公司法》、《中华人民共和国证券法》和《公司债券 发行与交易管理办法》等有关法律、法规和规范性文件的规 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥692,798,277.24, representing a year-on-year increase of 5.47%[4] - Total profit for the quarter was ¥127,542,977.69, showing a significant increase of 60.41% compared to the same period last year[4] - Net profit attributable to shareholders was ¥108,456,121.98, reflecting a year-on-year growth of 63.75%[4] - The net profit after deducting non-recurring gains and losses was ¥103,757,969.22, which is an increase of 71.55% year-on-year[4] - Basic earnings per share for the quarter were ¥0.1228, up 63.73% from the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,882,384,992.48, a slight increase of 1.3% compared to ¥1,858,275,895.89 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was ¥135,350,152.99, up from ¥134,056,268.12, indicating a growth of 1.0% year-over-year[19] - Total profit for the first three quarters of 2025 was ¥139,469,184.92, slightly down from ¥142,607,003.87 in 2024, a decrease of about 2.5%[28] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥24,821,482,667.35, a 6.03% increase from the end of the previous year[5] - Current assets as of September 30, 2025, amount to ¥4,767,449,713.83, an increase from ¥3,687,919,055.49 as of December 31, 2024, representing a growth of approximately 30%[12][13] - Accounts receivable increased to ¥3,335,024,891.10 from ¥2,634,965,258.87, reflecting a growth of about 26.6%[12] - Non-current assets total ¥20,054,032,953.52, up from ¥19,721,548,757.16, indicating an increase of approximately 1.7%[13] - The company's total liabilities rose to ¥19,929,131,173.28 from ¥18,641,831,727.26, reflecting an increase of approximately 6.9%[15] - Non-current liabilities increased to ¥14,352,863,920.36 from ¥12,853,925,760.10, a rise of about 11.7%[15] - The total equity attributable to shareholders increased to ¥4,850,272,646.07 from ¥4,741,411,685.39, showing a growth of 2.3%[15] Cash Flow - Cash inflow from operating activities totaled ¥1,721,059,050.35, compared to ¥1,553,683,847.03 in the previous year, marking an increase of 10.8%[21] - The net cash flow from operating activities was CNY 329,862,274.87, down from CNY 362,742,129.42 in the previous year, indicating a decrease of about 9.0%[22] - The total cash inflow from operating activities was ¥1,621,724,033.45, an increase from ¥1,490,343,350.61 in the previous year, showing a growth of approximately 8.8%[30] - Cash inflow from financing activities for the first three quarters of 2025 was ¥4,225,219,210.70, compared to ¥3,858,281,499.79 in 2024, marking an increase of about 9.5%[30] - The net cash outflow from investing activities was ¥1,561,333,534.94 in 2025, worsening from a net outflow of ¥1,106,647,565.25 in 2024[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,541[10] - The largest shareholder, Nanning Jianing Water Investment Group, holds 51.00% of shares, totaling 450,336,273 shares[10] - The company has no significant changes in the top 10 shareholders or their participation in margin trading[11] - The company reported no significant related party transactions among the top shareholders[10] Research and Development - Research and development expenses for the first three quarters were ¥4,005,066.02, slightly up from ¥3,800,144.29, indicating a focus on innovation[17] - The company's research and development expenses for the first three quarters were CNY 4,005,066.02, slightly up from CNY 3,800,144.29, showing an increase of about 5.4%[27] Financial Challenges - The company reported a credit impairment loss of ¥54,997,378.38, which increased from a loss of ¥26,045,101.24 in the previous year, highlighting potential challenges in asset quality[18] - The company's financial expenses, including interest expenses, were CNY 360,305,647.80, compared to CNY 358,878,114.88 in the previous year, indicating a marginal increase of about 0.4%[27] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current reporting period[11] - The company has not adopted new accounting standards for the year 2025[31]

Group 1 - The fifth session of the board of directors of Guangxi Greentown Water Group Co., Ltd. held its 27th meeting on September 28, 2025, via communication voting [2] - The meeting was convened by Chairman Huang Donghai, with all 9 directors participating in the voting, which complied with the Company Law and the company's articles of association [2] - The board approved the proposal to amend the internal control system regarding engineering projects, with a unanimous vote of 9 in favor [2][3] - The board also approved the proposal to amend the internal control system regarding procurement operations, again with a unanimous vote of 9 in favor [4][5] Group 2 - The meeting notification and materials were sent to all directors via email on September 23, 2025, with the voting deadline set for September 28, 2025, at 12:00 PM [2] - The results of the voting for both proposals showed no opposition or abstentions, indicating full support from the board [3][5]