证券日报网讯伟明环保（603568）10月31日在互动平台回答投资者提问时表示，截至2025年9月30日， 股东人数为27，765户。 ...

证券日报网讯伟明环保（603568）10月31日在互动平台回答投资者提问时表示，公司通过收购盛运环保 和国源环保，扩大固废处理规模，提升公司运营管理与并购整合能力，符合公司长期发展战略。 ...

伟明环保成立于2001年12月29日，于2015年5月28日在上海证券交易所上市，注册地址和办公地址均位于 浙江省温州市。它是国内垃圾焚烧发电领域的领先企业，核心业务为城市生活垃圾焚烧发电，具备全产业 链的差异化优势。 董事长项光明薪酬126.42万元，同比增加0.2万元 伟明环保控股股东为伟明集团有限公司，实际控制人为朱善玉、朱善银、王素勤、项光明。董事长兼总裁 项光明，中国国籍，无境外永久居留权，1963年出生，大专学历，高级经营师。他履历丰富，曾担任多个 重要职务，获得众多荣誉，并参与制订多项行业标准。其薪酬从2023年的126.22万增加到2024年的126.42 万，增加了0.2万元。 A股股东户数较上期减少4.24% 截至2025年9月30日，伟明环保A股股东户数为2.78万，较上期减少4.24%；户均持有流通A股数量为6.13 万，较上期增加4.62%。十大流通股东中，睿远均衡价值三年持有混合A（008969）位居第七大流通股东， 持股2700.00万股，相比上期减少100.00万股；香港中央结算有限公司位居第八大流通股东，持股2429.68万 股，相比上期增加192.41万股。 国盛证券指出， ...

每经头条（nbdtoutiao）——"十五五"规划建议的18个新提法，释放了哪些重要信号？ 2024年1至12月份，伟明环保的营业收入构成为：工业占比99.42%，其他业务占比0.58%。 截至发稿，伟明环保市值为377亿元。 每经AI快讯，伟明环保（SH 603568，收盘价：22.1元）10月29日晚间发布公告称，公司第七届第二十 一次董事会会议于2025年10月29日以通讯方式召开。会议审议了《关于召开公司2025年第一次临时股东 大会的议案》等文件。 （记者 贾运可） ...

| 证券代码：603568 | 证券简称：伟明环保 | | | 公告编号：临 | 2025-072 | | --- | --- | --- | --- | --- | --- | | 转债代码：113652 | 转债简称：伟 | 22 | 转债 | | | | 转债代码：113683 | 转债简称：伟 | 24 | 转债 | | | 浙江伟明环保股份有限公司 关于不向下修正"伟 22 转债"转股价格的公告 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： 根据有关规定和《浙江伟明环保股份有限公司公开发行 A 股可转换公司债券 募集说明书》（以下简称"《募集说明书》"）的约定，公司本次发行的"伟 22 转债"转股期自发行结束之日起满六个月后第一个交易日起至可转债到期日 止，即 2023 年 1 月 30 日至 2028 年 7 月 21 日。"伟 22 转债"初始转股价格为 32.85 元/股，最新转股价格为 27.27 元/股。历次转股价格调整情况如下： （一） 因公司实施 2023 年限制性股票激励计划，完成首 ...

| 转债代码：113652 转债代码：113683 | 转债简称：伟 22 转债简称：伟 24 | | | --- | --- | --- | | | 转债 转债 | | | | | 公告编号：临 | | 证券代码：603568 | 证券简称：伟明环保 | 2025-073 | 浙江伟明环保股份有限公司 关于召开2025年第一次临时股东大会的通知 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 召开的日期时间：2025 年 11 月 19 日 14 点 00 分 股东大会召开日期：2025年11月19日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一) 股东大会类型和届次 2025年第一次临时股东大会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大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 (四) 现场会议召开的日期、时间和地点 召开地点：浙江省温州市府路 525 号同人恒玖大厦 16 楼公司 1 号会议室 (七) 涉及公开征集股东投 ...

| 证券代码：603568 | 证券简称：伟明环保 | | | | --- | --- | --- | --- | | | | 公告编号：临 | 2025-071 | | 转债代码：113652 | 转债简称：伟 22 转债 | | | | 转债代码：113683 | 转债简称：伟 24 转债 | | | 经审议，本次董事会表决通过以下事项： 1、 审议通过《关于不向下修正"伟 22 转债"转股价格的议案》 综合考虑公司的基本情况、股价走势、市场环境等多重因素，以及对公司长 期稳健发展与内在价值的信心，为维护全体投资者的利益，决定本次不向下修正 "伟22转债"转股价格，同时在未来三个月内（2025年10月30日至2026年1月29 日），如再次触及"伟22转债"转股价格向下修正条款，亦不提出向下修正方案。 自2026年1月30日开始重新起算，若再次触发"伟22转债"的转股价格向下修正 条件，届时公司董事会将再次召开会议决定是否行使"伟22转债"的转股价格向 下修正权利。 具 体 内 容 详 见 公 司 于 2025 年 10 月 30 日 在 上 海 证 券 交 易 所 网 站 浙江伟明环保股份有限公司 第七 ...

Core Viewpoint - The report highlights that prominent fund managers from Ruifeng Fund have increased their holdings in leading technology companies like Alibaba, indicating a strong belief in the potential of artificial intelligence as a major technological transformation following the internet era [1]. Fund Performance - The Ruifeng Growth Value Mixed Fund, managed by Fu Pengbo and Zhu Lin, saw a net value increase of over 50% in Q3, with A-class shares rising by 51.09%, outperforming the benchmark by 14.82%, marking the highest quarterly record since its inception in 2019 [1]. - The Ruifeng Balanced Value Three-Year Holding Mixed A Fund, managed by Zhao Feng, reported a net value growth rate of 19.29%, exceeding the benchmark return of 13.70% during the same period [3][4]. Portfolio Adjustments - The top ten holdings of the Ruifeng Growth Value Mixed Fund included stocks that doubled in price during Q3, such as Xinyi Technology, Shenghong Technology, and Cambricon, although these were reduced in the portfolio [1]. - The fund maintained a high stock asset allocation with over 90% in equities, and the top ten holdings accounted for 66% of the net value, showing a significant increase from the previous quarter [2][3]. Sector Focus - The fund managers expressed a continued positive outlook on artificial intelligence, focusing on sectors such as internet technology, optical modules, PCB, chips, and innovative pharmaceuticals [2][3]. - The report indicates that the concentration of holdings increased due to significant price rises in key stocks, particularly in the new energy and Apple supply chain sectors [3]. Investment Strategy - Zhao Feng emphasized that AI is becoming the largest technological transformation after the internet, with rapid adoption across various industries [5]. - The report notes that while there are uncertainties regarding the future returns from substantial investments in foundational models and data centers, leading internet companies are well-positioned financially to support these capital expenditures [6].

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]

Core Viewpoint - The company achieved a slight decline in revenue but an increase in net profit for the first three quarters of 2025, indicating resilience in its operations despite market challenges [1][4]. Group 1: Financial Performance - For the first three quarters of 2025, the company reported operating revenue of 5.88 billion yuan, a year-on-year decrease of 2.7%, while net profit attributable to shareholders was 2.13 billion yuan, reflecting a year-on-year increase of 1.1% [1]. - In Q3 alone, the company achieved operating revenue of 1.98 billion yuan, marking a year-on-year growth of 2.3%, and net profit attributable to shareholders was 710 million yuan, up 3.2% year-on-year [1]. Group 2: Business Segments - The environmental protection business continued to grow, with a total waste input of 10.55 million tons, including 10.06 million tons of municipal waste, representing a year-on-year increase of 7.5%. The electricity generated reached 2.816 billion kWh, up 5.11% year-on-year [2]. - The equipment manufacturing and service segment saw new equipment orders totaling approximately 4.47 billion yuan for the first three quarters, with significant growth potential as these orders are gradually delivered [2]. - The new materials business began contributing revenue, with the subsidiary achieving 326 million yuan in Q3 and another subsidiary reporting 1.045 billion yuan in revenue for the first three quarters, both achieving profitability [2]. Group 3: Profitability and Cash Flow - The overall gross margin improved by 2 percentage points to 49.6%, attributed to cost reduction and efficiency improvements in operations [3]. - Cash flow from operations increased by 12.3% year-on-year to 8.79 billion yuan, indicating significant improvement, although there are some delays due to new accounts receivable from expanded renewable energy equipment business [3]. Group 4: Future Outlook - The company has 56 operational waste incineration projects, with expectations for gradual performance improvement as these projects come online. There are also opportunities for international expansion in waste incineration [4]. - The company plans to increase its dividend payout ratio to 30.07% in 2024, up from 20.67% in 2023, with potential for further increases as capital expenditures stabilize [4]. - Forecasts for net profit attributable to shareholders for 2025-2027 are 2.96 billion yuan, 3.47 billion yuan, and 3.97 billion yuan, with corresponding price-to-earnings ratios of 12.7x, 10.8x, and 9.4x, respectively [4].