公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律 监管指引第7号--回购股份》等相关规定，根据后续市场情况和资金到位情况， 在回购期限内择机作出回购决策并予以实施，同时根据回购股份事项进展情况及 时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 北京高能时代环境技术股份有限公司董事会 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个别及连带 北京高能时代环境技术股份有限公司（以下简称"公司"或"高能环境"） 于2025年7月24日召开了第五届董事会第四十一次会议，审议通过了《关于以集 中竞价交易方式回购公司股份的方案》，同意使用公司自有资金及自筹资金以集 中竞价方式回购公司股份，回购股份的资金总额不低于人民币10,000元且不超过 人民币15,000万元，回购股份价格不超过人民币8.80元/股，回购用途为用于公 司后续的股权激励计划或员工持股计划，回购期限为自董事会审议通过回购方案 之日起不超过12个月。详见公司于2025年7月25日在《中国证券报》《上海证券 报》及上海证券交易所网站（www.sse.co ...

Core Viewpoint - The company, GaoNeng Environment (603588.SH), has secured a loan commitment from the Beijing Capital Airport branch of the Bank of China for a stock repurchase program, amounting to a maximum of RMB 90 million, which is up to 90% of the stock repurchase amount [1] Group 1 - The loan commitment is specifically designated for the purpose of repurchasing GaoNeng Environment's shares [1] - The loan has a maximum term of 3 years [1] - The specific terms of the loan will be finalized in a contract between the company and the bank [1]

会议资料 $$\Xi{\bigcirc}\Xi{\bigcirc}\Xi{\bigcirc}\Xi{\bigcirc}\Xi{\bigcirc}\Xi+-\Xi$$ | | | 北京高能时代环境技术股份有限公司 2025 年第三次临时股东会 北京高能时代环境技术股份有限公司 2025 年第三次临时股东会会议资料 一、会议议程 1. 会议时间： 现场股东会：2025 年 8 月 7 日（星期四）下午 14：30，会期半天； 网络投票起止时间：自 2025 年 8 月 7 日至 2025 年 8 月 7 日 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 9:15-9:25,9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 2. 会议地点： 北京市海淀区秋枫路 36 号院 1 号楼会议室 3. 会议召集人： 北京高能时代环境技术股份有限公司董事会 4. 会议表决方式： 现场投票和网络投票相结合 5. 会议内容： 议案1：《关于修订<对外投资决策管理制度>的议案》； 议案2：《关于选举第六届董事会 ...

Core Insights - The report highlights the significant role of CFOs in listed companies, with the total salary scale for CFOs in A-share companies reaching 4.27 billion yuan in 2024, averaging 814,800 yuan per year [1] - In the environmental industry, the average CFO salary is reported at 8.77 million yuan, with a notable distribution where 45% of CFOs earn between 300,000 to 650,000 yuan [1][10] - Deepwater Haina's CFO has the highest salary in the industry at 2.44 million yuan, despite concerns regarding the company's financial quality [3][4] Salary Distribution - The salary distribution in the environmental sector shows that 45% of CFOs earn between 300,000 to 650,000 yuan, while only 12% earn over 1 million yuan [1][10] - Companies like Jinyuan and Zhejiang Fu Holdings have CFOs with salaries exceeding 1 million yuan, but both have faced regulatory penalties due to financial quality issues [5][6] Regulatory Issues - Deepwater Haina has been flagged for several violations, including inadequate bad debt provisions and inaccurate revenue cost accounting, which do not comply with accounting standards [4] - Zhejiang Fu Holdings received a warning for failing to disclose related party transactions accurately, leading to regulatory scrutiny [6] - Jinyuan Holdings is under investigation for non-operating fund occupation, which constituted 8.36% of its audited net assets, highlighting serious compliance failures [7][9] Age and Education Distribution - In the environmental sector, 48% of CFOs are aged between 40 to 49 years, while 34% are between 50 to 59 years [10] - The educational background of CFOs shows that 59% hold a bachelor's degree, and 30% have a master's degree, with some CFOs having only an associate degree [12][14]

Core Viewpoint - The soil remediation industry in China is rapidly growing, with increasing participation from various sectors due to the anticipated large market size. The industry is characterized by a comprehensive supply chain involving upstream suppliers, midstream consulting and engineering services, and downstream clients including government and industrial entities [1][2][6]. Industry Overview - The soil remediation industry chain consists of upstream suppliers providing remediation agents and equipment, midstream businesses focusing on consulting and engineering, and downstream clients such as government departments and real estate companies [1]. - The number of companies engaged in soil remediation in China is increasing, with significant contributions from various sectors due to the expected market potential [2]. Company Distribution - The distribution of listed soil remediation companies is concentrated in regions like Beijing, Guangdong, and Zhejiang, with notable companies such as JianGong Repair and GaoNeng Environment leading in these areas [6]. - Other regions like Guangxi, Hunan, and Hubei have also developed some listed soil remediation enterprises [6]. Business Layout of Listed Companies - Most listed companies in the soil remediation sector have developed comprehensive capabilities covering pollution investigation, remediation engineering, and project management [9]. - Companies like JingLan Technology and JianGong Repair have a high proportion of their business (over 60%) dedicated to soil remediation, while others like GaoNeng Environment and SenTe have broader focuses in waste treatment and metal containment systems [9]. - Regional characteristics are evident, with companies like YongQing Environmental focusing heavily on Hunan province, where over 60% of their revenue comes from [9]. Latest Developments and Business Plans - Many companies are integrating AI models, digital twins, and IoT monitoring into their operations to enhance decision-making and cost control [10]. - GaoNeng Environment is focusing on heavy metal pollution remediation and plans to promote integrated models combining soil remediation with waste treatment [11]. - JianGong Repair is developing a low-code ECO system to streamline soil monitoring and risk assessment, aiming for a 30% reduction in remediation costs by 2025 [11]. - Companies are also exploring innovative technologies such as in-situ thermal desorption and microbial-plant joint remediation to address complex pollution challenges [11].

Macro Strategy - The chemical sector has seen continuous catalysts on both supply and demand sides since 2024, with the current "anti-involution" trend enhancing the market outlook, driven by a favorable fundamental environment and potential valuation uplift from emerging industries [1][23] - More than half of the existing convertible bonds in the chemical sector are issued at the peak of the cycle, currently entering or about to enter the redemption period, coinciding with an upward cycle, leading to more proactive debt conversion measures [1][23] - The majority of chemical convertible bonds are small-cap, which, combined with their near-term characteristics, amplifies the asymmetry of returns [1][23] Currency Exchange Rate - The RMB central parity has shown a gradual appreciation trend, with the exchange rate expected to challenge the 7.15 range again, and the spot exchange rate may drop to the 7.10-7.15 range in August [1][25] - The recent strengthening of the RMB is supported by optimistic expectations from US-China trade negotiations and a robust domestic stock market [1][25] Anti-Involution Policy - The "anti-involution" price governance aims to address three main objectives: short-term regulation of price wars, medium-term capacity reduction to promote supply-demand balance, and long-term price recovery, particularly in PPI [2][26] - The previous supply-side reforms led to a 10-month recovery in PPI, and under neutral assumptions, a similar recovery may take 11-12 months, potentially reaching around 1.9% by September next year [2][26] Industry Rotation - The market is expected to remain optimistic in the third quarter, with a focus on sectors that align with upcoming policies and key events, particularly those benefiting from the "anti-involution" strategy [3][5] - Suggested sectors for investment include those with potential short-term demand improvements, such as photovoltaic, coal, and chemical industries, as well as technology sectors with recent catalysts [5][3] Company-Specific Insights - Xidi Microelectronics is positioned as a leading player in the analog chip sector, with a projected revenue growth of 32.10% year-on-year for the first three quarters of 2024, driven by significant contributions from its audio coil motor driver chip product line [11][12] - Minshida reported a 27.91% year-on-year revenue increase in its 2025 mid-year report, with expectations for continued growth in the transformer market driven by demand from sectors like new energy vehicles and wind power [13] - Gaomei's second-quarter performance is expected to turn profitable due to supply-side optimization driven by the "anti-involution" policy, with N-type silicon wafer prices rising to 1.1 yuan per piece [14][15]

Summary of Key Points Core Viewpoint - The company, Beijing GaoNeng Times Environmental Technology Co., Ltd., has announced the provision of guarantees for its wholly-owned and controlling subsidiaries, with a total expected guarantee amount for 2025 not exceeding 2,438.8 million yuan [3]. Group 1: Guarantee Overview - The company will provide new guarantees for GaoNeng ZhongSe and Chongqing YaoHui, adjusting the guarantee amount for Jiangxi XinKe Environmental High-Tech Co., Ltd. by 30 million yuan [1]. - The total expected amount for new guarantees in 2025 is 890 million yuan, with 527.58 million yuan allocated for subsidiaries with a debt-to-asset ratio below 70% and 362.42 million yuan for those above [3]. Group 2: Internal Decision-Making Process - The board of directors approved the proposal for external guarantees on March 18, 2025, and it was ratified at the annual shareholders' meeting on April 9, 2025, with a majority vote [10]. Group 3: Guarantee Agreements - The guarantee agreements include: - GaoNeng ZhongSe's application for a comprehensive credit facility with a guarantee amount not exceeding 35 million yuan [5]. - SiHong GaoNeng's application for a comprehensive credit facility with a guarantee amount not exceeding 20 million yuan [6]. - SiHong GaoNeng's application for another credit facility with a guarantee amount not exceeding 9.9 million yuan [7]. - Chongqing YaoHui's application for a credit facility with a guarantee amount not exceeding 10 million yuan [9]. Group 4: Necessity and Reasonableness of Guarantees - As of June 30, 2025, the debt-to-asset ratios for GaoNeng ZhongSe, SiHong GaoNeng, and Chongqing YaoHui were 72.92%, 62.14%, and 120.66%, respectively, indicating no significant changes compared to December 31, 2024 [9]. - The financing is deemed necessary for the companies' operational needs, and the board believes they have the capacity to repay the debts [9]. Group 5: Cumulative Guarantee Information - As of July 27, 2025, the actual external guarantee balance provided by the company and its subsidiaries was 941.798 million yuan, accounting for 104.11% of the company's latest audited net assets attributable to shareholders [11].

证券代码：603588 证券简称：高能环境 公告编号：2025-055 序号 股东名称 持股数量（股） 持股比例（%） 华安基金－兴业银行－青岛 城投金融控股集团有限公司 注1：截至2025年7月24日，公司股份全部为无限售条件流通股，故公司前十 大股东和前十大无限售条件股东一致。 注2：以上股东的持股数量为合并普通账户和融资融券信用账户后总的持股 数量。 北京高能时代环境技术股份有限公司 关于回购事项前十大股东及前十大无限售条件股东 持股情况的公告 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个别及连带 北京高能时代环境技术股份有限公司（以下简称"公司"或"高能环境"） 于2025年7月24日召开第五届董事会第四十一次会议，审议通过了《关于以集中 竞价交易方式回购公司股份的方案》，详见公司2025年7月25日在《中国证券报》 《上海证券报》及上海证券交易所网站（www.sse.com.cn）披露的《高能环境关 于以集中竞价交易方式回购股份的预案》（编号：2025-053）。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监 ...

证券代码：603588 证券简称：高能环境 公告编号：2025-054 北京高能时代环境技术股份有限公司 关于为全资子公司及控股子公司提供担保的公告 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。 本次为高能中色、重庆耀辉提供新增担保包含在公司及控股子公司 2025 年 度对其新增担保预计范围内，根据《关于 2025 年度对外担保预计的议案》的相 关授权，在为资产负债率低于 70%的控股子公司提供新增担保预计总额范围内， 将为江西鑫科环保高新技术有限公司提供的新增担保预计额度余额中 3,000 万 元调剂给泗洪高能。 单位：万元 被担保公司 保证人 债权人 授信/贷 款期限 本次担 保金额 保证方式 其他股 东是否 担保 是否存 在反担 保 本次担 保实施 前担保 预计额 度 本次调 剂后担 保预计 额度 本年度 新增担 保预计 额度 本年度 新增担 保预计 剩余额 度 本次担 保实施 后本年 度新增 担保预 计剩余 额度 甘肃高能中 色环保科技 有限公司 公司 甘肃银行股 份有限公司 金昌支行 1 年 3,500连带责任 保 ...

| 序号 | | 股东名称 | 持股数量（股） | 持股比例（%） | | --- | --- | --- | --- | --- | | 1 | 李卫国 | | 263,452,149 | 17.30 | | 2 | 刘泽军 | | 48,131,953 | 3.16 | | 3 | | 香港中央结算有限公司 | 47,160,845 | 3.10 | | 4 | 许利民 | | 44,740,721 | 2.94 | | 5 | 向锦明 | | 35,848,551 | 2.35 | | 6 | 柯朋 | | 26,295,149 | 1.73 | | 7 | 李兴国 | 25,262,586 | 1.66 | | --- | --- | --- | --- | | 8 | 澳门金融管理局－自有资金 | 18,167,100 | 1.19 | | 9 | 叶早君 | 15,010,000 | 0.99 | | 10 | 华安基金－兴业银行－青岛 城投金融控股集团有限公司 | 13,392,857 | 0.88 | 注1：截至2025年7月24日，公司股份全部为无限售条件流通股，故公司前十 大股东和前十大无 ...