证券代码：603686 证券简称：福龙马 公告编号：2025-054 福龙马集团股份有限公司 2025年第一次临时股东会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 9 月 9 日 (二)股东会召开的地点：福建省龙岩市新罗区东肖镇东华社区龙腾南路 42 号福 龙马集团股份有限公司研发中心大楼三楼多功能会议室 (三）出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 1、公司在任董事7人，以现场和通讯相结合方式出席7人，其中非独立董事张桂 潮先生、李小冰先生、程坤先生以通讯方式出席本次会议 2、公司在任监事3人，出席3人； 3、公司副总裁、董事会秘书邓勇强先生出席了会议；公司其他高级管理人员列 席了会议。 1、 议案名称：《关于修订〈福龙马集团股份有限公司董事、高级管理人员薪酬 管理制度〉的议案》 审议结果：通过 表决情况： | 1、出席会议的股东和代理人人数 | 755 | | --- | --- ...

北京市天元律师事务所 关于福龙马集团股份有限公司 2025 年第一次临时股东会的法律意见 京天股字（2025）第 556 号 致：福龙马集团股份有限公司 福龙马集团股份有限公司（以下简称"公司"）2025 年第一次临时股东会 （以下简称"本次股东会"）采取现场投票与网络投票相结合的方式，现场会议 于 2025 年 9 月 9 日在福建省龙岩市新罗区东肖镇东华社区龙腾南路 42 号福龙马 集团股份有限公司研发中心大楼三楼多功能会议室召开。北京市天元律师事务所 （以下简称"本所"）接受公司聘任，指派本所律师现场参加本次股东会的现场 会议，并根据《中华人民共和国公司法》《中华人民共和国证券法》（以下简称"《证 券法》"）《上市公司股东会规则》（以下简称"《股东会规则》"）以及《福龙 马集团股份有限公司章程》（以下简称"《公司章程》"）等有关规定，就本次 股东会的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程 序及表决结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《福龙马集团股份有限公司第六届董 事会第十八次会议决议公告》《福龙马集团股份有限公司第六届监事会第十四次 会议决议公告》《福龙 ...

证券代码：603686 证券简称：福龙马 公告编号：2025-055 福龙马集团股份有限公司 第七届董事会第一次会议决议公告 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 担个别及连带责任。 一、董事会会议召开情况 福龙马集团股份有限公司（以下简称"公司"）第七届董 事会第一次会议于 2025 年 9 月 9 日 15:00 在公司本部研发中 心三楼多媒体会议室以现场表决方式召开。本次董事会会议 为临时会议，会议通知于 2025 年 9 月 5 日以电子邮件、短 信和微信等方式发出。会议应出席董事 7 名，实际出席董事 7 名（其中现场出席会议的有 6 人，公司董事程坤因工作原 因以通讯方式参加会议），全体高级管理人员列席了本次会 议。会议由张桂丰先生主持。本次会议的召集召开符合有关 法律、行政法规、部门规章、规范性文件和《公司章程》的 规定，会议决议合法、有效。 二、董事会会议审议情况 会议审议通过了如下议案： （一）审议通过《关于选举第七届董事会董事长的议案》。 鉴于公司第七届董事会成员于 2025 年 9 月 9 日召开的 202 ...

Core Insights - The rapid development of China's economy has significantly boosted the demand for road maintenance vehicles, with production expected to increase from 627 units in 2019 to 740 units by 2024 [1][7]. Industry Overview - Road maintenance vehicles are specialized vehicles designed for road maintenance tasks, including various types such as synchronous chip sealers, asphalt spreaders, and road repair vehicles [2]. - The industry is categorized into four main types based on maintenance processes: sealing operations, damage repair, cleaning maintenance, and regeneration treatment [2]. Industry Policies - Government policies are increasingly supporting the road maintenance vehicle sector, as seen in the 2024 action plan aimed at upgrading road maintenance machinery and emergency equipment [3]. - The implementation of the "Rural Road Regulations" emphasizes the establishment of maintenance responsibilities at the county level, enhancing maintenance standards and extending the lifespan of roads [3]. Industry Development History - The road maintenance vehicle industry in China has evolved through four stages: initial stage, preliminary development, rapid development, and transformation and upgrading [4]. - The industry saw significant growth in the 21st century due to increased government investment in road infrastructure, leading to a surge in demand for maintenance vehicles [5]. Industry Supply Chain - The supply chain for road maintenance vehicles includes raw materials such as steel, rubber, and coatings, which are crucial for production quality [6]. - Key manufacturers in the midstream include companies like Fulongma, Aerospace Chenguang, and Xugong Machinery, while the downstream applications primarily involve highways, national and provincial roads, and rural roads [6]. Market Competition - The road maintenance vehicle market features a diverse range of players, including state-owned enterprises, private companies, and foreign firms, creating a competitive landscape [9]. - Major companies in the industry include Fulongma Group, Yutong Heavy Industry, and Bosch Environmental Technology, each with varying strengths in capital, technology, and market share [9]. Industry Trends - The trend towards multifunctional integrated vehicles aims to enhance maintenance efficiency by allowing a single vehicle to perform multiple tasks [11]. - The application of new energy sources, such as electric and hydrogen fuel cell vehicles, is expected to grow, driven by environmental concerns and government policies [12]. - The international market for road maintenance vehicles is expanding, particularly due to the Belt and Road Initiative, providing opportunities for Chinese companies to leverage their technological and cost advantages [13].

Group 1 - The company has pre-won a sanitation service project in Henan Province with a first-year service fee of 25.307 million yuan, accounting for 0.50% of the company's audited revenue for 2024 [1] - The total contract amount for the project is 75.9211 million yuan, which is expected to positively impact the company's operating performance in 2025 and beyond [1] - As of the announcement date, the company has won a total of 27 sanitation service projects this year, with a total first-year amount of 434.1092 million yuan and a total contract amount of 1.245895 billion yuan [1] Group 2 - The annualized contract amount for the sanitation service projects currently being executed by the company is 4.032 billion yuan, with a total contract amount of 33.463 billion yuan, including extended service years and supplementary contracts for already won projects [2]

Group 1 - The company, Fulongma, announced on September 1 that it has pre-won one sanitation service project in August, with a first-year service fee amounting to 25.307 million yuan, accounting for 0.50% of the company's audited revenue for 2024 [1] - The total contract amount for the pre-won project is 75.9211 million yuan. As of the announcement date, the company has won 27 sanitation service projects this year, with a total first-year amount of 434.1092 million yuan and a total contract amount of 1.245895 billion yuan, which will positively impact the company's operating performance in 2025 and beyond [1] - The annualized contract amount for the sanitation service projects currently being executed by the company is 4.032 billion yuan, with a total contract amount of 33.463 billion yuan, including project extension service contract amounts and supplementary contract amounts for already won projects [1] Group 2 - For the year 2024, the company's revenue composition is as follows: sanitation industry services account for 75.88%, sanitation equipment manufacturing accounts for 21.4%, other main businesses account for 1.76%, and other businesses account for 0.96% [1] - As of the time of reporting, the company's market capitalization is 7.7 billion yuan [2]

Core Viewpoint - Fulongma (603686.SH) has announced a new sanitation service project with a first-year service fee of 25.307 million yuan, which represents 0.50% of the company's audited revenue for 2024 [1] Group 1: Project Wins and Financial Impact - The company has won a total of 27 sanitation service projects this year, with a total first-year amount of 434.1092 million yuan and a total contract amount of 1.245895 billion yuan, which is expected to positively impact the company's operating performance in 2025 and beyond [1] - As of the announcement date, the annualized contract amount for the sanitation service projects being executed by the company is 4.032 billion yuan, with a total contract amount of 33.463 billion yuan, including contract amounts for extended service years and supplementary contracts for already won projects [1]

证券代码：603686 证券简称：福龙马 公告编号：2025-053 福龙马集团股份有限公司 关于2025年8月环卫服务项目中标的提示性公告 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 担个别及连带责任。 福龙马集团股份有限公司（以下简称"公司"）2025年 8月预中标了河南省的环卫服务项目。公司以临时公告形式 对本月主要中标的环卫服务情况进行自愿性信息披露，具体 内容如下： 一、项目中标对公司的影响 2025 年 9 月 2 日 公司本月预中标的环卫服务项目数1个，合计首年服务 费金额为2,530.70万元（占公司2024年度经审计营业收入的 0.50%），合同总金额为7,592.11万元。截至本公告披露日， 公司本年度环卫服务项目中标数27个，合计首年年度金额为 43,410.92万元，合同总金额为124,589.50万元，这将对公 司2025年及以后的经营业绩产生积极影响。 截至本公告披露日，公司在履行的环卫服务项目年化合 同金额40.32亿元，合同总金额334.63亿元（含项目顺延服 务年限合同金额及已中标项目补充合同金额）。 ...

Market Overview - On August 29, the environmental governance sector declined by 0.18%, with Hai Tian Co. leading the drop [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Top Performers in Environmental Governance Sector - DeChuang Environmental (603177) closed at 14.50, up 10.02% with a trading volume of 65,700 shares and a turnover of 95.21 million yuan [1] - Feima International (002210) closed at 3.53, up 9.97% with a trading volume of 3 million shares and a turnover of 1.041 billion yuan [1] - Yi Yi (603200) closed at 75.74, up 7.19% with a trading volume of 135,900 shares and a turnover of 1.010 billion yuan [1] Underperformers in Environmental Governance Sector - Hai Tian Co. (603759) closed at 7.97, down 7.86% with a trading volume of 204,900 shares and a turnover of 165 million yuan [2] - Zhonghang Taida (836263) closed at 16.79, down 7.29% with a trading volume of 169,900 shares and a turnover of 288 million yuan [2] - Wenbululu (301259) closed at 46.89, down 7.06% with a trading volume of 129,400 shares and a turnover of 618 million yuan [2] Capital Flow Analysis - The environmental governance sector experienced a net outflow of 149 million yuan from institutional investors, while retail investors saw a net inflow of 58.54 million yuan [2][3] - Feima International had a net inflow of 31.8 million yuan from institutional investors, but a net outflow of 15.5 million yuan from speculative funds [3] - Wuhan Holdings (600168) had a net inflow of 17.07 million yuan from institutional investors, with a net outflow of 11.86 million yuan from speculative funds [3]

Market Overview - The environmental governance sector experienced a slight decline of 0.08% on August 28, with Fulongma leading the drop [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Top Performers in Environmental Governance Sector - Dechuang Environmental (603177) saw a significant increase of 10.02%, closing at 13.18 with a trading volume of 36,600 lots and a transaction value of 48.19 million [1] - Zhongyuan Huibao (000544) rose by 6.35%, closing at 8.88 with a trading volume of 367,300 lots and a transaction value of 323 million [1] - Fujie Environmental (688335) increased by 4.68%, closing at 15.22 with a trading volume of 60,200 lots and a transaction value of 91.62 million [1] Underperformers in Environmental Governance Sector - Fulongma (603686) led the decline with a drop of 5.59%, closing at 18.07 with a trading volume of 651,200 lots and a transaction value of 1.18 billion [2] - Jiankong Repair (300958) fell by 4.98%, closing at 12.98 with a trading volume of 98,600 lots and a transaction value of 12.9 million [2] - Chao Yue Technology (301049) decreased by 3.90%, closing at 22.42 with a trading volume of 40,500 lots and a transaction value of 91.11 million [2] Capital Flow Analysis - The environmental governance sector experienced a net outflow of 744 million from institutional investors, while retail investors saw a net inflow of 357 million [2][3] - The top three stocks with significant net inflows from retail investors include Xingrong Environment (000598) with 54.57 million, and Qing Shui Yuan (300437) with 12.07 million [3] - The stocks with the highest net outflows from institutional investors include Huicheng Environmental (300779) with 62.02 million and Yuhua Tian (300815) with 55.80 million [3]