Group 1 - The core point of the news is that Jindalai (688057) has seen significant financing activity, with a net financing purchase of 203.49 million yuan on November 7, 2025, and a total financing balance of 1.28 billion yuan [1][2][3] - Over the past three trading days, Jindalai has recorded a cumulative net purchase of 245.3 million yuan, indicating a positive trend in investor sentiment [1][2] - In the last 20 trading days, there have been 11 days with net financing purchases, suggesting sustained interest from investors [1] Group 2 - On November 7, 2025, the financing balance increased by 1.61% compared to the previous day, reflecting a growing interest in the stock [2][3] - The financing balance on November 6 was 1.26 billion yuan, showing a slight increase of 0.04% from the previous day, while on November 5, it increased by 0.30% [2][3] - The financing net purchases on November 4 were 142.77 million yuan, indicating a strong buying interest before the recent net purchases [2][3]

Summary of Key Points Core Viewpoint - On November 6, 2025, Jindalai (688057) experienced a net financing inflow of 46,100 yuan, with a total financing balance of 126 million yuan, indicating a positive trend in investor sentiment towards the stock [1]. Financing Activity - On November 6, 2025, the financing buy-in was 2.2505 million yuan, while financing repayment amounted to 2.2044 million yuan, resulting in a net buy of 46,100 yuan [1]. - Over the past three trading days, the cumulative net buy reached 1.8458 million yuan, and in the last 20 trading days, there were 11 days with net financing inflows [1]. Financing Balance and Market Impact - The financing balance on November 6, 2025, was 126 million yuan, which represents a 0.04% increase from the previous day [3]. - The financing balance has shown fluctuations, with notable changes on previous trading days, including a decrease of 2.3481 million yuan on November 3, 2025 [2][3]. Margin Trading Knowledge - Current requirements for individual investors to participate in margin trading include having at least six months of trading experience and an average account asset of 500,000 yuan over the last 20 trading days [4]. - The number of margin trading stocks on the Shanghai Stock Exchange is set to increase from 800 to 1,000, while the Shenzhen Stock Exchange will expand its eligible stocks from 800 to 1,200 [4].

证券代码：688057 证券简称：金达莱 公告编号：2025-027 江西金达莱环保股份有限公司 2025年第二次临时股东会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 11 月 6 日 （二） 股东会召开的地点：江西省南昌市新建区长堎外商投资开发区工业大道 459 号 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 105 | | --- | --- | | 普通股股东人数 | 105 | | 2、出席会议的股东所持有的表决权数量 | 140,174,452 | | 普通股股东所持有表决权数量 | 140,174,452 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 50.7878 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 50.7878 | ...

江西华邦律师事务所 2025年第二次临时股东会的法律意见书 致:江西金达莱环保股份有限公司 根据《中华人民共和国公司法》(以下简称"《公司法》")、中国证券监 督管理委员会《上市公司股东会规则》(以下简称"《股东会规则》")等法律、 法规、规范性文件及现时有效的《江西金达莱环保股份有限公司章程》(以下简 称"《公司章程》")的有关规定,受江西金达莱环保股份有限公司(以下简称 "公司")委托,江西华邦律师事务所(以下简称"本所")指派邓颖、朱晓宇 律师出席公司2025年第二次临时股东会(以下简称"本次股东会"),并为本次 股东会出具本法律意见书。 为出具本法律意见书,本所律师审查了公司提供的召开本次股东会的有关文 件的原件或复印件,包括(但不限于)公司召开本次股东会的公告,公司本次股 东会的会议资料及相关决议等文件,同时听取了公司就有关事实的陈述和说明。 关于江西金达莱环保股份有限公司 本所律师根据相关法律、法规、部门规章和规范性文件的要求,按照律师行 业公认的业务标准、道德规范和勤勉尽责精神,对公司本次股东会的召集及召开 等有关法律问题发表如下意见: 一、本次股东会的召集、召开程序 1、本次股东会由公司董事会 ...

Core Insights - The article discusses the significance of electroplating wastewater treatment equipment in addressing the environmental challenges posed by toxic wastewater containing heavy metals and cyanides generated by the electroplating industry [1][4]. Industry Overview - Electroplating wastewater treatment equipment is specialized environmental protection equipment designed to remove pollutants and recover resources through physical, chemical, and biological technologies [2][3]. - In 2024, the wastewater generated by China's electroplating industry is projected to reach 469 million tons, with an expected increase to 489 million tons in 2025 [3][4]. Investment Trends - The investment scale for electroplating wastewater treatment equipment in China is estimated to be 1.3 billion yuan in 2024, an increase of 64 million yuan from 2023, with a projected investment of approximately 1.153 billion yuan in 2025 [4][6]. Industry Chain - The upstream of the electroplating wastewater treatment equipment industry includes raw materials such as metal and non-metal materials, core components, consumables, and chemical agents. The midstream involves the production and system integration of treatment equipment, while the downstream applications include large electroplating factories, small electroplating workshops, and wastewater treatment plants [4][5]. Technological Innovation - The tightening of national environmental policies has led to a focus on technological innovation in electroplating wastewater treatment equipment, with a total of 120 patent applications filed from 2016 to October 2025 [6][7]. Competitive Landscape - The production of electroplating wastewater treatment equipment is primarily dominated by small-scale private enterprises, with a scarcity of companies capable of providing complete sets of equipment. Joint ventures utilizing foreign technology hold a significant share of the high-end equipment market [8]. - Major companies in the industry include Anhui Shuiyun Environmental Protection Co., Ltd., New Dayu Environmental Technology (Guangdong) Group Co., Ltd., and Jiangxi Jindalai Environmental Protection Co., Ltd. [8]. Market Trends - The electroplating industry generates complex wastewater containing a high concentration of heavy metals, making treatment more challenging than ordinary industrial wastewater. Current mainstream treatment methods include iron chip electrolysis and evaporation concentration processes, with a shift towards automation and intelligent systems for improved precision and efficiency [9].

Core Viewpoint - Jindalai, a leading company in the domestic wastewater treatment industry, has strong technical barriers and focuses on overall design and system integration [1] Group 1: Business Performance - In Q3 2025, Jindalai reported revenue of 236 million yuan, ranking 42nd out of 51 in the industry, significantly lower than the top competitor, Beijing Capital Eco-Environment Protection Group, which had 13.453 billion yuan [2] - The main business composition includes wastewater treatment project operations at 94.51 million yuan (56.15%), overall water environment solutions at 35.83 million yuan (21.29%), and wastewater treatment equipment at 25.93 million yuan (15.40%) [2] - The net profit for the same period was 74.38 million yuan, ranking 27th in the industry, and was lower than the industry average of 230 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Jindalai's debt-to-asset ratio was 10.20%, down from 11.93% year-on-year, significantly lower than the industry average of 49.82%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 61.14%, slightly down from 61.77% year-on-year, but still well above the industry average of 32.13%, reflecting strong profitability [3] Group 3: Executive Compensation - The chairman, Tao Kun, received a salary of 1.5737 million yuan in 2024, a decrease of 382,900 yuan from 2023 [4] - The general manager, Zhou Rongzhong, had a salary of 884,000 yuan in 2024, down by 153,300 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.71% to 11,300, while the average number of circulating A-shares held per account increased by 3.85% to 24,400 [5]

Core Insights - The company reported a revenue of 236 million yuan for the first three quarters of 2025, representing a year-on-year decline of 23.50% [1] - The net profit attributable to shareholders was 75.47 million yuan, down 30.14% year-on-year [1] - The net profit excluding non-recurring items was 59.62 million yuan, reflecting a year-on-year decrease of 38.51% [1] - The basic earnings per share stood at 0.2734 yuan [1]

Financial Performance - The company's operating revenue for Q3 2025 was ¥67,345,911.51, a decrease of 34.18% compared to the same period last year[3] - The total profit for Q3 2025 was ¥12,243,717.79, down 71.56% year-on-year[3] - The net profit attributable to shareholders for Q3 2025 was ¥11,921,060.17, reflecting a decline of 70.75% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses for Q3 2025 was ¥10,852,060.76, a decrease of 66.32% year-on-year[3] - Total operating revenue for the first three quarters of 2025 was CNY 235,667,815.24, a decrease of 23.5% compared to CNY 308,042,442.83 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 74,383,993.10, a decrease of 31.4% compared to CNY 108,441,084.62 in the same period of 2024[21] - The company’s total comprehensive income for the first three quarters of 2025 was CNY 70,724,148.19, down from CNY 104,017,856.37 in the same period of 2024[21] Research and Development - The company's R&D investment totaled ¥8,380,471.27 in Q3 2025, representing 12.44% of operating revenue, an increase of 2.43 percentage points from the previous year[4] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥137,423,807.36, an increase of 91.24% compared to the previous year[3] - In the first three quarters of 2025, the net cash flow from operating activities was CNY 137,423,807.36, a significant increase of 91.1% compared to CNY 71,858,357.91 in the same period of 2024[24] - The total cash inflow from operating activities reached CNY 356,045,430.48, up from CNY 332,708,752.77 in the previous year, reflecting a growth of 7.0%[24] - Cash received from other operating activities increased to CNY 54,128,119.37, a rise of 38.7% compared to CNY 38,997,256.67 in 2024[24] - The cash outflow for purchasing goods and services decreased to CNY 94,984,322.84, down by 21.7% from CNY 121,376,617.02 in the previous year[24] - The net cash flow from investment activities was negative at CNY -155,919,828.50, an improvement from CNY -182,527,626.16 in the same period of 2024[25] - Cash inflow from investment activities totaled CNY 1,399,749,407.26, significantly higher than CNY 755,584,506.58 in 2024, marking an increase of 84.9%[25] - The cash outflow for investment activities rose to CNY 1,555,669,235.76, compared to CNY 938,112,132.74 in the previous year, indicating a 66.0% increase[25] - The net cash flow from financing activities was negative at CNY -67,426,730.05, contrasting with a positive CNY 10,305,629.44 in the same period of 2024[25] - The ending cash and cash equivalents balance decreased to CNY 87,486,501.90 from CNY 138,065,498.81 in 2024, a decline of 36.5%[25] - The company reported a significant increase in tax refunds received, amounting to CNY 10,528,416.05, compared to CNY 699,150.14 in the previous year, reflecting a growth of 1398.4%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,318[11] - The largest shareholder, Liao Zhimin, holds 126,760,500 shares, representing 45.93% of the total shares[12] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥3,550,241,104.48, a decrease of 1.25% from the end of the previous year[4] - The company's total current assets as of September 30, 2025, amount to ¥3,166,050,615.36, a decrease from ¥3,192,633,338.35 at the end of 2024[14] - The company's total assets amount to ¥3,550,241,104.48, down from ¥3,595,198,341.28[15] - Total current liabilities are reported at ¥334,035,315.20, a decrease from ¥376,055,739.69[15] - The company has a long-term equity investment valued at ¥5,823,772.20, an increase from ¥5,458,645.54[14] - The company’s inventory stands at ¥48,345,068.16, down from ¥50,995,749.41[14] - The total non-current assets are reported at ¥384,190,489.12, down from ¥402,565,002.93[15] - Total liabilities decreased to CNY 362,018,689.83 from CNY 408,700,074.82 year-over-year, reflecting a reduction of approximately 11.5%[20] - Total non-current liabilities decreased to CNY 27,983,374.63 from CNY 32,644,335.13, a decline of about 14.3%[20] - The company's total equity increased slightly to CNY 3,188,222,414.65 from CNY 3,186,498,266.46, indicating a marginal growth[20] Credit and Impairment - The company experienced a credit impairment loss of CNY -40,523,440.75, worsening from CNY -28,756,851.85 in the previous year[20] Earnings Per Share - Earnings per share for the first three quarters of 2025 was CNY 0.2734, down from CNY 0.3914 in the same period of 2024[21] Return on Equity - The weighted average return on equity decreased by 1.02 percentage points to 0.39% in Q3 2025[4] Operational Strategy - The company adopted a cautious operational strategy due to macroeconomic conditions, leading to a reduction in project undertakings[8]

Core Insights - The company reported a significant decline in revenue and net profit for the third quarter and the first three quarters of the year [1] Financial Performance - Third quarter revenue was 67.35 million, a year-on-year decrease of 34.18% [1] - Third quarter net profit was 11.92 million, a year-on-year decrease of 70.75% [1] - Revenue for the first three quarters was 236 million, a year-on-year decrease of 23.50% [1] - Net profit for the first three quarters was 75.47 million, a year-on-year decrease of 30.14% [1]

江西金达莱环保股份有限公司 2025年第二次临时股东会会议资料 证券代码：688057 证券简称：金达莱 江西金达莱环保股份有限公司 2025年第二次临时股东会 会议资料 2025 年 11 月 江西金达莱环保股份有限公司 2025年第二次临时股东会会议须知 为了维护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《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东会 规则》以及《江西金达莱环保股份有限公司章程》《江西金达莱环保股份有限公司股东 会议事规则》的相关规定，特制定2025年第二次临时股东会会议须知： 一、为确认出席会议的股东或其代理人或其他出席者的出席资格，会议工作人员将 对出席会议者的身份进行必要的核对工作，请被核对者给予配合。 二、为保证股东会的严肃性和正常秩序，切实维护与会股东（或股东代理人）的合 法权益，除出席会议的股东（或股东代理人）、公司董事、高级管理人员、见证律师及 董事会邀请的人员外，公司有权依法拒绝其他人员进入会场。 江西金达莱环保股份有限公司 2025年第二次临时股东会会议资料 | | | | 2025年第二次临时股东会会议须知 1 | ...