Core Viewpoint - Fulongma's stock price increased by 16.85% this week, closing at 16.57 yuan, with a market capitalization of 6.884 billion yuan as of June 27, 2025 [1][2] Group 1: Stock Performance - Fulongma's stock reached a weekly high of 16.98 yuan and a low of 13.99 yuan [1] - The company ranks 34th out of 105 in the environmental governance sector by market capitalization [1] - In the overall A-share market, Fulongma is ranked 2298th out of 5151 [1] Group 2: Company Announcements - Fulongma announced a guarantee of up to 710,000 yuan for its subsidiary, Cangshan Fulongma [2] - The total amount of guarantees provided by the company to Cangshan Fulongma is 6.5748 million yuan, which is within the authorized limit set by the shareholders' meeting [2] - The company has a total of 222,086,219 yuan in guarantees outstanding, representing 6.64% of the latest audited net assets [2]

Overview - The company, Fulongma Group Co., Ltd., has provided a guarantee for its wholly-owned subsidiary, Fulongma Environmental Services (Fuzhou Cangshan) Co., Ltd., amounting to a maximum of 710,000 RMB [1][2] - As of the announcement date, the total guarantee amount provided to the subsidiary is 6,574,800 RMB, which is within the authorized limit set by the shareholders' meeting [1][2] - The subsidiary's asset-liability ratio does not exceed 70%, ensuring financial stability [1] Guarantee Details - The guarantee is for a performance bond of up to 710,000 RMB, required for the establishment of a dedicated account for sanitation workers' wages and other operational expenses [1][3] - The company has applied for a performance bond from Industrial Bank Co., Ltd. with a guarantee period until March 31, 2026 [6] - The total external guarantees currently being fulfilled by the company and its subsidiaries amount to 222,086,219 RMB, representing 6.64% of the latest audited net assets [5][7] Subsidiary Information - Fulongma Environmental Services (Fuzhou Cangshan) Co., Ltd. was established on April 23, 2023, with a registered capital of 17 million RMB [4] - The company is involved in various environmental services, including urban waste management and sanitation operations [4] Financial Performance - As of March 31, 2025, the subsidiary's total assets were approximately 74.65 million RMB, with net assets of about 27.26 million RMB [5] - The subsidiary reported an operating income of approximately 12.63 million RMB and a net profit of about 1.05 million RMB for the first quarter of 2025 [5]

证券代码：603686 证券简称：福龙马 公告编号：2025-035 福龙马集团股份有限公司 关于 2025 年度为子公司提供担保的进展情况 公告（二） 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 担个别及连带责任。 重要提示： ●被担保人名称：福龙马环境服务（福州仓山）有限公司（以 下简称"仓山福龙马"） ●对外担保实际正在履行余额：截至本公告披露日，公司及 子公司对外担保实际正在履行余额为 222,086,219 元，占最近一 期经审计净资产的 6.64%，系公司为合并报表范围内子公司提供 的担保。 ●对外担保逾期的累计数量：无 ●本次被担保对象资产负债率不超过 70%且本次担保事宜在 2024 年年度股东大会的授权范围内。 一、担保情况概述 近日，福龙马集团股份有限公司（以下简称"公司"） 全资子公司仓山福龙马根据业主要求设立环卫工人工资及 其他日常运营经费专用账户并开立受益人为福州和润环境 服务有限公司的见索即付的银行保函，保函金额为监管专户 最低存款余额 71 万元。为了确保子公司日常经营正常开展， 公司为仓山福龙马申请开立 ...

Summary of Key Points Core Viewpoint - The company has provided a guarantee of up to RMB 3 million for its wholly-owned subsidiary, Fulongma Environmental Services (Fuzhou Jin'an) Co., Ltd., to ensure the normal operation of the subsidiary and fulfill contractual obligations related to a sanitation project in Jin'an District, Fuzhou. Group 1: Guarantee Details - The total guarantee amount provided by the company for Jin'an Fulongma is RMB 3 million, which is within the authorized limit approved by the shareholders' meeting [1][5]. - As of the announcement date, the actual guarantee balance provided to Jin'an Fulongma is RMB 3 million, and there are no overdue guarantees [1][6]. - The company has a total of RMB 227,376,219 in guarantees currently being fulfilled, which accounts for 6.80% of the latest audited net assets [1][6]. Group 2: Subsidiary Information - Fulongma Environmental Services was established on December 22, 2023, with a registered capital of RMB 5.8 million [2][3]. - The subsidiary's business scope includes urban sanitation services, waste management, and municipal facility management [3]. - As of March 31, 2025, the subsidiary's total assets were RMB 28,456,828.70, and net assets were RMB 8,961,358.15 [4]. Group 3: Board and Shareholder Approval - The company’s board of directors approved the guarantee at meetings held on April 27, 2025, and May 20, 2025, which were subsequently ratified by the shareholders' meeting [2][6]. - The guarantee is part of the authorized limit set by the shareholders and does not require further approval [6]. Group 4: Project Context - The guarantee is related to a sanitation integration project won by the subsidiary on November 25, 2023, which requires the establishment of a dedicated account for worker wages and operational expenses [3][5]. - The bank guarantee is intended to secure the minimum deposit balance of RMB 3 million for the project [3][5].

证券代码：603686 证券简称：福龙马 公告编号：2025-034 重要提示： ●被担保人名称：福龙马环境服务(福州晋安)有限公司（以 下简称"晋安福龙马"） ●本次担保金额及已实际为其提供的担保余额：本次担保金 额为人民币不超过 300 万元。截至本公告日，公司已实际为晋安 福龙马提供的担保余额为 300 万元（含本次），未超过公司股东 大会授权的担保额度。 ●本次担保是否有反担保：否 ●对外担保实际正在履行余额：截至本公告披露日，公司及 子公司对外担保实际正在履行余额为 227,376,219 元，占最近一 期经审计净资产的 6.80%，系公司为合并报表范围内子公司提供 的担保。 ●对外担保逾期的累计数量：无 ●本次被担保对象资产负债率不超过 70%且本次担保事宜在 2024 年年度股东大会的授权范围内。 一、担保情况概述 福龙马集团股份有限公司 关于 2025 年度为子公司提供担保的进展情况 公告（一） 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 担个别及连带责任。 成立日期：2023 年 12 月 22 日 经营范围：许可项 ...

Core Viewpoint - The announcement of the 18th batch of the directory for exempting vehicle purchase tax for specialized non-transport vehicles with fixed devices aims to optimize the tax management mechanism and enhance taxpayer services, aligning with the State Council's reform requirements for improving the business environment [5][6]. Group 1: Background of the Announcement - The announcement is part of efforts by the Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology to implement policies that exempt specialized vehicles from vehicle purchase tax, thereby improving tax management and protecting taxpayer rights [5][6]. Group 2: Basic Information of the 18th Batch Directory - The 18th batch directory includes two parts: the first part lists 548 new models from 193 companies, while the second part removes 63 models of suction and pressure vehicles due to a change in classification [6][7]. Group 3: Application Process for Inclusion in the Directory - Vehicle manufacturers, import dealers, or individuals can apply for inclusion in the directory through the designated management system by submitting required materials [8]. - If an application fails the technical review, applicants can reapply and provide supporting materials to contest the review outcome [8]. Group 4: Tax Exemption Procedures - Vehicles listed in the directory can have an exemption mark in their electronic information, allowing taxpayers to process tax exemption procedures with the tax authorities [9]. - Vehicles sold before the directory's release can also be marked for tax exemption if they are later included in the directory [10]. Group 5: Handling of Removed Models - Only vehicles with an exemption mark that were removed from the directory can continue to enjoy tax exemption benefits [11].

Group 1 - The core stock price of Fulongma (603686) closed at 15.2 yuan as of June 13, 2025, down 2.56% from the previous week [1] - The highest intraday price for Fulongma was 16.05 yuan on June 12, 2025, while the lowest was 15.02 yuan on June 10, 2025 [1] - Fulongma's current total market capitalization is 6.315 billion yuan, ranking 33rd out of 105 in the environmental governance sector and 2388th out of 5150 in the A-share market [1] Group 2 - Fulongma announced a cash dividend of 0.158 yuan per share, with the record date set for June 19, 2025 [2] - The profit distribution plan was approved at the 2024 annual shareholders' meeting held on May 20, 2025 [2] - The actual cash dividend distribution varies for different types of shareholders, with individual shareholders receiving 0.158 yuan per share before tax, while QFII shareholders receive 0.1422 yuan after tax [2]

证券代码：603686 证券简称：福龙马 公告编号：2025-033 福龙马集团股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.158元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/19 | － | 2025/6/20 | 2025/6/20 | 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本415,430,404股为基数，每股派发现金红利 0.158元（含税），共计派发现金红利65,638,003.83元。 三、 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | ...

Core Viewpoint - The stock of Fulongma (603686) has experienced significant volatility, with a notable decline in price and multiple appearances on the trading leaderboard due to abnormal trading activity [1][4]. Trading Information Summary - As of June 6, 2025, Fulongma's stock closed at 15.6 yuan, down 12.36% from the previous week’s closing price of 17.8 yuan. The stock reached a peak of 18.7 yuan on June 3, 2025, marking its highest point in nearly a year, and hit a low of 15.29 yuan on June 6, 2025. The current market capitalization stands at 6.481 billion yuan, ranking 33rd in the environmental governance sector and 2350th among all A-shares [1]. - Fulongma has appeared on the trading leaderboard four times in the past five trading days due to a daily price fluctuation limit deviation of 7% and a turnover rate of 20% [1][4]. Company Announcement Summary - Fulongma Group has established several subsidiaries in Shanghai, Jiangxi, and Zhejiang, including Fulongma Environmental Technology (Shanghai) Co., Ltd. with a registered capital of 5 million yuan, and two other subsidiaries with a registered capital of 20 million yuan each. Additionally, the company announced it has pre-qualified for two sanitation service projects in May 2025, with a total first-year service fee of 9.289 million yuan and a total contract value of 27.4731 million yuan. So far this year, the company has won 20 sanitation service projects, with a total first-year amount of 325.4034 million yuan and a total contract value of 951.2216 million yuan [2]. Stock Trading Abnormality Summary - Fulongma's stock experienced a cumulative price fluctuation deviation exceeding 20% over three consecutive trading days from May 28 to May 30, 2025. The company confirmed that there were no undisclosed significant events affecting its operations, and its business operations remain normal. For the first quarter of 2025, the company reported a revenue of 1.164 billion yuan, a year-on-year decrease of 1.75%, and a net profit attributable to shareholders of 63.4903 million yuan, down 2.37% year-on-year [3].

Core Viewpoint - The article highlights the successful delivery and operation of hydrogen-powered sanitation vehicles in Liu'an City, Anhui Province, showcasing advancements in hydrogen energy applications and their environmental benefits [3][5][9]. Group 1: Hydrogen Vehicle Delivery - The second batch of hydrogen sanitation vehicles was officially delivered for operation in Liu'an City, marking a significant step in the local hydrogen energy industry [3]. - The vehicles are developed in collaboration between Mingtian Hydrogen Energy and Fulongma Group, focusing on creating practical applications for hydrogen energy in sanitation [5]. Group 2: Vehicle Specifications and Performance - The delivered vehicles are 18-ton hydrogen-powered sanitation sweepers equipped with a self-developed 101kW high-performance fuel cell system, capable of quick starts in temperatures as low as -30°C and a single range exceeding 400 kilometers [7]. - The vehicles feature a three-mode collaborative operation for sweeping, washing, and suction, with a maximum cleaning capacity of 70,000 square meters per hour and a cleanliness rate of over 95% [7]. Group 3: Environmental Impact and Efficiency - Since the launch of the first hydrogen sanitation demonstration application in April 2023, the vehicles have accumulated over 40,000 kilometers of operation, resulting in a carbon reduction of over 100 tons, equivalent to planting 100 acres of forest [9]. - The energy conversion efficiency of these hydrogen vehicles reaches 60%, significantly outperforming traditional fuel and electric sanitation vehicles, especially in low-temperature conditions [9].