Core Viewpoint - Wuxi Delinhai Environmental Technology Co., Ltd. received a warning letter from the Jiangsu Securities Regulatory Bureau due to significant issues in financial reporting and credit risk assessment related to accounts receivable [1][2]. Group 1: Warning Letter Details - The warning letter indicates that the company failed to adequately assess the credit risk of certain clients before the disclosure of the 2023 annual report, despite signs of significant changes in their credit risk characteristics [1][2]. - The company continued to provision for bad debts based on historical aging categories, which does not comply with the relevant accounting standards [2]. - The actions of the company were found to violate the Information Disclosure Management Measures for Listed Companies, leading to the issuance of the warning letter [2]. Group 2: Responsibilities and Actions - The financial officer, Ji Lehua, was held primarily responsible for the violations due to a lack of diligence [2]. - The company has committed to improving its financial management and information disclosure quality in response to the warning letter [3]. - The company will adhere to regulatory requirements and maintain normal business operations while fulfilling its disclosure obligations [3].

无锡德林海环保科技股份有限公司 2025年第二次临时股东会 议案二：关于增加经营范围及修订《公司章程》并办理工商变更登记的议案 无锡德林海环保科技股份有限公司 2025年第二次临时股东会 东会 目 录 无锡德林海环保科技股份有限公司 为维护全体股东的合法权益，确保股东会会议秩序和议事效率，保证股东会 的顺利召开，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《无锡德林海环保科技股份有限公司章程》和《无锡德林 海环保科技股份有限公司股东会议事规则》等有关规定，特制定无锡德林海环保 科技股份有限公司（以下简称"公司"）2025 年第二次临时股东会会议须知： 证券代码：688069 证券简称：德林海 无锡德林海环保科技股份有限公司 无锡德林海环保科技股份有限公 司 2025年第二次临时股 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、出席会议的股东及股东代理人须在会议召开前 30 分钟到达会议现场办 理签到手续，并请按规定出示身份证明文件或法人单位证明、授权委托书等，经 验证后领取会议资料， ...

无锡德林海环保科技股份有限公司 2025年第二次临时股东会 证券代码：688069 证券简称：德林海 无锡德林海环保科技股份有限公司 | 无锡德林海环保科技股份有限公司 2025 年第二次临时股东会会议须知 | 3 | | --- | --- | | 无锡德林海环保科技股份有限公司 年第二次临时股东会会议议程 2025 | 5 | | 无锡德林海环保科技股份有限公司 2025 年第二次临时股东会会议议案 | 7 | | 议案一：关于 2025 年半年度利润分配预案的议案 7 | | | 议案二：关于增加经营范围及修订《公司章程》并办理工商变更登记的议案 | | | 8 | | 无锡德林海环保科技股份有限公司 2025年第二次临时股东会 无锡德林海环保科技股份有限公司 2025 年第二次临时股东会会议须知 为维护全体股东的合法权益，确保股东会会议秩序和议事效率，保证股东会 的顺利召开，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《无锡德林海环保科技股份有限公司章程》和《无锡德林 海环保科技股份有限公司股东会议事规则》等有关规定，特制定无锡德林海环保 科技股份有限公司（以下简称 ...

事件：公司发布2025 年半年度报告，2025 年上半年，公司实现营业收入1.08 亿元，同比下降47%，归 母净利润-309.28 万元，同比下降112%。 核心观点： 业绩短期承压，在手订单充足奠定全年增长基础。2025 年上半年，公司营业收入为1.08 亿元，归母净 利润为-309.28 万元，业绩下滑主要系部分在手大额订单尚未完成验收确认收入所致，如通海县杞麓湖 蓝藻水华原位防控项目（尚待验收金额7082.52 万元）、新沂市骆马湖西北部蓝藻防控工程（尚待验收 金额4250.03 万元）等。考虑到公司业务存在明显的季节性特征，收入主要集中于下半年确认，上半年 业绩波动符合行业特点。展望全年，公司增长基础坚实，年初至报告披露日，新增在手订单约4.02 亿 元，同比增长39.24%，累计在手订单达5.27 亿元，为全年业绩提供了有力保障。 诉讼终审胜诉，潜在负债有望转回增厚业绩。报告期内，公司与玉溪市江川区水利局的星云湖项目合同 纠纷案二审终审判决，公司获得胜诉。判决结果确认了监管账户内6352.50 万元资金及利息归属公司所 有，并解除了公司1.006 亿元的资金返还义务。尽管胜诉，但由于对方尚未配合解 ...

Core Viewpoint - The financial performance of Delinhai (688069) for the first half of 2025 shows significant declines in revenue and net profit, indicating potential challenges in the company's operations and financial health [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 108 million yuan, a decrease of 47.35% compared to 205 million yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was -3.09 million yuan, down 112.49% from 24.77 million yuan in the previous year [1]. - The gross profit margin improved to 51.78%, an increase of 33.18% year-on-year, while the net profit margin fell to -3.25%, a decrease of 127.06% [1]. - The total of financial, sales, and administrative expenses reached 23.84 million yuan, accounting for 22.05% of total revenue, which is a 99.51% increase year-on-year [1]. - Earnings per share were -0.03 yuan, a decline of 113.64% from 0.22 yuan in the previous year [1]. Cash Flow and Asset Changes - Cash and cash equivalents decreased by 80.16% to 12.3 million yuan, primarily due to investments in financial products and delayed payments from contracts [3]. - Accounts receivable increased by 2.74% to 44.5 million yuan, while inventory surged by 368.98% due to ongoing projects [3]. - The company reported a significant drop in operating cash flow, with a net cash flow from operating activities decreasing by 6370.07% [4]. Liabilities and Financial Management - The company’s interest-bearing debt decreased by 99.91% to 54,400 yuan, reflecting a reduction in bank borrowings [1]. - Accounts payable increased by 41.28%, indicating a strategy to maximize cash utilization by prioritizing bill payments to suppliers [3]. - The company’s ability to meet its obligations appears strong, with healthy cash assets despite the operational challenges [6]. Business Model and Historical Performance - The historical return on invested capital (ROIC) has been relatively high at 22.23%, but the company experienced a poor ROIC of -6.87% in 2024 [6]. - The business model has shown vulnerability, with two years of losses since its listing, suggesting potential weaknesses in its operational strategy [6].

Group 1 - The company, Derlinhai, reported a significant decline in revenue for the first half of 2025, with total operating income of 108,116,207.53 yuan, representing a year-on-year decrease of 47.35% [2] - The net profit attributable to shareholders of the listed company was -3,092,787.13 yuan, marking a year-on-year decline of 112.49% [2]

1.5本半年度报告未经审计。 公司代码：688069 公司简称：德林海 第一节 重要提示 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到上海证券交易所网站www.sse.com.cn仔细阅读半年度报告全文。 1.2重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施，敬请查阅本报告第三 节"管理层讨论与分析"之"四、风险因素"。 1.3本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 1.4公司全体董事出席董事会会议。 1.6董事会决议通过的本报告期利润分配预案或公积金转增股本预案 为贯彻落实《国务院关于加强监管防范风险推动资本市场高质量发展的若干意见》, 进一步提升公司投 资价值，增强投资者回报水平，结合公司目前整体经营情况及公司战略发展，经公司第四届董事会第二 次会议决议，公司2025年半年度拟以实施权益分派股权登记日的总股本扣减回购专用证券账户中的股份 数后的股本为基数进行利润分配。具体方案如下： 拟向全体股东每10股 ...

Group 1 - The company, Derlinhai, announced that it will hold its second extraordinary general meeting of shareholders for 2025 on September 5, 2025 [2] - The agenda for the meeting includes the review of the proposal regarding the profit distribution plan for the first half of 2025 [2]

Group 1 - The company announced a profit distribution plan for the first half of 2025, proposing a cash dividend of 2.00 yuan (including tax) for every 10 shares held by shareholders [1] - As of August 18, 2025, the total share capital of the company is 113,000,000 shares, with 3,917,409 shares held in the company's repurchase account, resulting in a base of 109,082,591 shares for the dividend calculation [1] - The total cash dividend to be distributed amounts to 21,816,518.20 yuan (including tax) [1]

Core Points - Delin Hai announced on August 19 that it will hold the second meeting of the fourth board of directors on August 18, 2025, to review the proposal regarding the expected amount of daily related party transactions [1] - The company and its subsidiaries expect to engage in daily related party transactions with Huzhou Nankong Ecological Environment Construction Co., Ltd., with a total amount not exceeding RMB 6.5 million (excluding tax) from the approval of this proposal until the annual board meeting in 2025 [1]