Financial Performance - Revenue for Q3 2025 was CNY 268,707,273.81, a decrease of 7.03% compared to the same period last year[4] - Total profit for Q3 2025 was CNY 33,397,497.94, down 48.04% year-on-year[4] - Net profit attributable to shareholders for Q3 2025 was CNY 25,474,648.33, a decline of 45.53% compared to the previous year[4] - Basic earnings per share for Q3 2025 was CNY 0.0602, a decrease of 45.53% year-on-year[4] - Net profit for the first three quarters of 2025 was ¥63,855,071.41, a decrease of 52.2% from ¥133,384,339.18 in the previous year[19] - Operating profit decreased to ¥82,645,118.21, down 54.0% from ¥179,559,519.79 in the same period last year[17] - Basic earnings per share for the first three quarters of 2025 were ¥0.14476, down from ¥0.30675 in the same period of 2024[19] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 3,778,528,165.48, an increase of 1.70% from the end of the previous year[5] - Total current assets as of September 30, 2025, amounted to ¥730,910,193.63, an increase from ¥695,467,752.18 as of December 31, 2024[14] - Total non-current assets as of September 30, 2025, were ¥3,047,617,971.85, slightly up from ¥3,019,768,707.03[15] - Total liabilities increased to ¥1,685,901,083.31 from ¥1,601,552,543.49 year-over-year[15] - The company reported a total liability of ¥1,956,388,767.69, an increase of 3.6% from ¥1,888,624,494.27 year-over-year[16] - The total equity attributable to shareholders of the parent company was ¥1,772,242,004.70, a slight decrease from ¥1,776,354,257.45 in the previous year[16] Cash Flow - Net cash flow from operating activities for the year-to-date was CNY 140,407,146.95, down 45.68% compared to the previous year[4] - The net cash flow from operating activities was ¥140,407,146.95, a decline of 45.6% compared to ¥258,469,957.17 in the first three quarters of 2024[22] - The net cash flow from investing activities was -$217.94 million, a decrease from -$338.69 million year-over-year[23] - Cash inflow from financing activities totaled $491.57 million, compared to $281.30 million in the previous period, indicating a significant increase[23] - The net cash flow from financing activities was $65.27 million, a turnaround from a negative $29.85 million in the prior year[23] - The ending cash and cash equivalents balance was $69.41 million, up from $36.01 million year-over-year[23] - The company experienced a net decrease in cash and cash equivalents of -$12.35 million, an improvement from -$110.43 million in the previous period[23] Costs and Expenses - Total operating costs increased to ¥745,174,337.73, up 9.7% from ¥679,255,061.59 year-over-year[17] - Research and development expenses increased to ¥2,424,544.87, up 54.7% from ¥1,567,951.03 in the same period last year[17] - The company reported a tax expense of ¥16,819,114.37, significantly lower than ¥44,755,242.30 in the previous year[17] - Cash outflow for debt repayment was $319.80 million, an increase from $204.39 million year-over-year[23] - Cash paid for dividends and interest was $82.61 million, down from $100.51 million in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period was 13,456[11] - The largest shareholder, United Water (Asia) Limited, holds 282,680,929 shares, representing 66.79% of total shares[11] Business Operations - The decline in profits was attributed to reduced contributions from the water supply and related business segments, particularly in installation engineering[9] - The company experienced increased costs due to upgrades in certain wastewater projects during the reporting period[9] - The company has ongoing investments in new technologies and market expansion strategies, although specific figures were not disclosed in the provided content[12]

第二届董事会第十七次会议决议公告 证券代码：603291 证券简称：联合水务 公告编号：2025-049 江苏联合水务科技股份有限公司 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 江苏联合水务科技股份有限公司（以下简称"公司"）第二届董事会第十七 次会议通知于 2025 年 10 月 24 日以书面方式发出，会议于 2025 年 10 月 29 日在 公司会议室以现场结合通讯方式召开。会议由公司董事长俞伟景先生召集并主持， 会议应出席董事 9 名，实际出席董事 9 名，公司监事和高级管理人员列席了本次 会议。本次会议的召集、召开符合《公司法》等有关法律法规及《江苏联合水务 科技股份有限公司章程》《江苏联合水务科技股份有限公司董事会议事规则》的 规定，作出的决议合法有效。 二、董事会会议审议情况 经与会董事充分讨论与审议，形成如下决议： （一）审议通过《关于公司 2025 年第三季度报告的议案》 董事会认为：公司《2025 年第三季度报告》的编制和审核程序符合法律、 法规和中国证监会的有关规定，报告内 ...

Core Viewpoint - The company reported a decline in revenue and net profit for the third quarter of 2025, indicating potential challenges in its financial performance [1] Financial Performance - In Q3 2025, the company achieved revenue of 269 million yuan, a year-on-year decrease of 7.03% [1] - The net profit attributable to shareholders was 25.47 million yuan, down 45.53% year-on-year [1] - Basic earnings per share for Q3 2025 were 0.0602 yuan [1] - For the first three quarters of 2025, the company reported revenue of 820 million yuan, reflecting a year-on-year growth of 3.63% [1] - The net profit attributable to shareholders for the first three quarters was 61.26 million yuan, a decline of 52.81% year-on-year [1] - Basic earnings per share for the first three quarters were 0.1448 yuan [1]

江苏联合水务科技股份有限公司 2025 年第二次临时股东会会议材料 2025 年 10 月 31 日 中国上海 江苏联合水务科技股份有限公司 2025年第二次临时股东会会议材料 江苏联合水务科技股份有限公司 2025年第二次临时股东会会议材料目录 | 一、公司2025年第二次临时股东会会议须知 1 | | --- | | 二、公司2025年第二次临时股东会会议议程 3 | | 议案： | | 议案1：《关于取消监事会并修订<公司章程>的议案》 5 | | 议案2：《关于制定、修订部分公司治理制度的议案》 7 | 1 江苏联合水务科技股份有限公司 2025年第二次临时股东会会议材料 江苏联合水务科技股份有限公司 2025年第二次临时股东会会议须知 为了维护江苏联合水务科技股份有限公司（以下简称"公司"）全体股东的 合法权益，确保股东会的正常秩序和议事效率，保证会议的顺利进行，根据中国 证监会发布的《上市公司股东会规则》《江苏联合水务科技股份有限公司章程》 （以下简称"《公司章程》"）和《江苏联合水务科技股份有限公司股东会议事 规则》的规定，特制定本须知，请出席股东会的全体人员遵照执行： 一、为保证本次会议正常进 ...

Core Viewpoint - The company is making strategic investments in e4E to enhance its presence in the green low-carbon technology sector, aligning with national carbon reduction strategies [1][3]. Group 1: Investment Details - The company, through its wholly-owned subsidiary, is investing RMB 30 million (approximately USD 4.2 million) to acquire 100% of the issued A series convertible preferred shares of e4E, representing 50% of e4E's total issued shares [1]. - The company plans to invest an additional RMB 24 million (approximately USD 3.4 million) to purchase 2,400 shares of the newly issued B series convertible preferred shares, which will increase its total holdings in e4E to 53.45% of all issued shares after the investment [2]. Group 2: Strategic Implications - The investment in e4E is aimed at rapidly establishing a foothold in the green low-carbon technology field and exploring specific application scenarios, which is in line with the national "dual carbon" strategy [3]. - This external investment is also a significant strategic move for the company to expand its international business through its Hong Kong subsidiary and accelerate its internationalization efforts [3].

Core Insights - United Water (603291.SH) has announced an investment in e4E Company, focusing on carbon reduction and related technologies [1][2] - The investment aligns with the growing market demand for green low-carbon technologies and supports China's "dual carbon" strategy [3] Investment Details - United Water International Investment will invest RMB 30 million (approximately USD) to acquire 100% of e4E's issued A series convertible preferred shares, representing 50% of e4E's total issued shares [1] - Following this, United Water International Investment plans to invest an additional RMB 24 million (approximately USD) to purchase 2,400 shares of e4E's newly issued B series convertible preferred shares, while another investor will contribute RMB 8 million (approximately USD) for 800 shares [2] - After the completion of this capital increase, United Water International Investment will hold 53.45% of e4E's total issued shares, but will not control e4E's board or shareholders' meeting [2] Strategic Implications - The investment is a strategic move for United Water to quickly enter the green low-carbon technology sector and explore specific application scenarios [3] - This initiative also represents a step towards expanding international business and accelerating the company's globalization efforts [3]

Core Viewpoint - United Water (603291.SH) has made a strategic investment in e4E Company, focusing on carbon reduction and related technologies, indicating a strong commitment to green and low-carbon technology development [1][2] Group 1: Investment Details - United Water International Investment will invest RMB 30 million (approximately USD) to acquire 100% of e4E Company's issued A series convertible preferred shares, representing 50% of e4E's total issued shares [1] - Following this, United Water International Investment plans to invest an additional RMB 24 million (approximately USD) to purchase 2,400 shares of B series convertible preferred shares, while another investor will contribute RMB 8 million (approximately USD) for 800 shares [2] - After the completion of this capital increase, United Water International Investment will hold 53.45% of e4E's total issued shares, including both A and B series convertible preferred shares [2] Group 2: Market Potential - The investment aligns with the accelerating development and commercialization of green low-carbon technologies, highlighting the significant future market demand potential [2]

江苏联合水务科技股份有限公司 董事会秘书工作制度 江苏联合水务科技股份有限公司 董事会秘书工作制度 第一章 总则 第一条 为指导公司董事会秘书之日常工作，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》《上海证券交易所股票上 市规则》（以下简称"《股票上市规则》"）等有关法律、法规及《公司章程》 的有关规定，制定本制度。 第二条 公司设董事会秘书 1 名，董事会秘书是公司董事会聘任的高级管理 人员，对公司和董事会负责。 公司应当为董事会秘书履行职责提供便利条件，董事、其他高级管理人员和 相关工作人员应当配合董事会秘书的工作。 董事会秘书为履行职责，有权了解公司财务和经营情况，参加涉及信息披露 的有关会议，查阅其职责范围内的所有文件，并要求公司有关部门和人员及时提 供相关资料和信息。 第三条 董事会秘书应当遵守《公司章程》及本制度的有关规定，承担公司 高级管理人员的有关法律责任，对公司和董事会负责，忠实、勤勉地履行职责。 第二章 任职资格 第四条 有下列情形之一的人，不得担任公司董事会秘书： （四）被证券交易所公开认定为不适合担任上市公司董事、高级管理人员， 期限尚未届满； （五） ...

江苏联合水务科技股份有限公司 董事会审计委员会工作细则 江苏联合水务科技股份有限公司 董事会审计委员会工作细则 第一章 总则 第五条 审计委员会所作决议，应当符合法律、行政法规、部门规章等规范 性文件及《公司章程》、本工作细则的规定。审计委员会决议内容违反有关法律、 行政法规、部门规章等规范性文件或《公司章程》、本工作细则的规定的，该项 决议无效；审计委员会决策程序违反有关法律、行政法规、部门规章等规范性文 件或《公司章程》、本工作细则的规定的，自该决议作出之日起 60 日内，有关 利害关系人可向公司董事会提出撤销该项决议。 第六条 审计委员会行使职权应符合《公司法》《上市公司治理准则》《公 司章程》及本工作细则的有关规定，不得损害公司和股东的合法权益。 第七条 审计委员会履行职责时，公司相关部门应给予配合，所需费用由公 司承担。 1 江苏联合水务科技股份有限公司 董事会审计委员会工作细则 第二章 审计委员会的组成 第八条 审计委员会成员原则上须独立于公司的日常经营管理事务。审计委 员会成员由三名董事组成，审计委员会成员应当为不在公司担任高级管理人员的 董事，其中独立董事应当过半数。 第一条 为了健全公司治理 ...

江苏联合水务科技股份有限公司 章程 二〇二五年十月 | | | | 第二章 | 经营宗旨和经营范围 | 3 | | --- | --- | --- | | 第三章 | 股份 | 4 | | 第一节 | 股份发行 4 | | | 第二节 | 股份增减和回购 5 | | | 第三节 | 股份转让 6 | | | 第四章 | 股东和股东会 | 7 | | 第一节 | 股东 | 7 | | 第二节 | 控股股东和实际控制人 10 | | | 第三节 | 股东会的一般规定 | 11 | | 第四节 | 股东会的召集 | 17 | | 第五节 | 股东会的提案与通知 18 | | | 第六节 | 股东会的召开 | 21 | | 第七节 | 股东会的表决和决议 24 | | | 第五章 | 董事会 | 28 | | 第一节 | 董事 | 28 | | 第二节 | 董事会 | 32 | | 第三节 | 独立董事 | 38 | | 第四节 | 董事会秘书 | 40 | | 第六章 | 总裁及其他高级管理人员 42 | | | 第七章 | 财务会计制度、利润分配 44 | | | 第一节 | 财务会计制度及利润分配 44 | | ...