Group 1 - The company achieved a revenue of 1.666 billion yuan in the first half of 2025, representing a year-on-year growth of 16.13%, with quarterly revenues of 793 million yuan in Q1 and 873 million yuan in Q2, setting historical records for the same period [1] - The net profit attributable to shareholders was 146 million yuan, with both revenue and net profit showing consistent growth, excluding non-operating factors such as exchange rate fluctuations [1] - The Chinese plastic processing industry demonstrated resilience, with total exports of plastics and related products exceeding the previous year's levels, indicating strong industry development [1] Group 2 - The company's overall export share approached 90%, serving over 130 countries, with more than 70% of revenue coming from the Europe and North America regions, showcasing sustained operational resilience [2] - The Vietnam production base, established in 2019, reported a revenue growth of 48.89% year-on-year, contributing approximately 3 percentage points to the company's overall revenue [2] - The company plans to distribute a cash dividend of 1 yuan per 10 shares to all shareholders, amounting to an estimated total cash dividend of 19.3386 million yuan [2]

Key Points - The article highlights significant corporate announcements and performance metrics from various companies in the industry [1][2][3][4] Group 1: Corporate Announcements - Sente Co., Ltd. (森特股份) clarified that it does not engage in "data center" related businesses [1] - Inke Recycling (英科再生) plans to invest approximately $40 million in the construction of the Vietnam Inke Qinghua (Phase III) project [1] - Daikin Heavy Industries (大金重工) signed its first overseas contract for the construction of a heavy deck transport vessel [1] - Zancaiya (咱菜雅) is planning to issue H-shares [1] - Biyimi (必易微) intends to acquire 100% equity of Xingan Semiconductor for 295 million yuan [1] - Zhongheng Group (中恒集团) has repurchased 3.5649% of its shares [1] - Nanjing New Pharmaceutical (南新制药) signed a letter of intent for acquisition with Future Pharmaceutical [3] - Pan-Asia Microelectronics (泛亚微透) plans to raise no more than 699 million yuan through a private placement [1][4] Group 2: Financial Performance - Shenghong Technology (胜宏科技) reported a net profit of 2.143 billion yuan for the first half of the year, a year-on-year increase of 366.89% [2] - Zhongji Xuchuang (中际旭创) saw a year-on-year net profit increase of 69.4% and plans to distribute 4 yuan per 10 shares [2] - Cambrian (寒武纪) achieved a net profit of 1.038 billion yuan in the first half of the year, marking a turnaround from losses [2] - China National Petroleum Corporation (中国石油) reported a net profit of 84.01 billion yuan for the first half of the year [2] Group 3: Shareholding Changes - Several companies, including Xindong Lian Ke (芯动联科) and Shenkeda (深科达), announced plans for share reductions by major shareholders [4] - Chaoyang Technology (朝阳科技) and Zhongwei Company (中微公司) also plan to reduce their shareholdings by up to 3% and 2%, respectively [4]

Core Viewpoint - The company reported strong financial performance in the first half of 2025, with revenue and net profit showing significant year-on-year growth, indicating a robust business model and market position [2][3]. Financial Performance - The company achieved operating revenue of 1.666 billion yuan, a year-on-year increase of 16.13% [2]. - Net profit for the period was 146 million yuan, with operating cash flow net amounting to 245 million yuan, reflecting a 17.5% increase year-on-year [2]. Business Segments - The company has established a complete industrial chain covering "recycling, regeneration, and utilization," with four main product categories: finished frames, decorative building materials, recycled plastics, and environmental equipment [2]. - Revenue from finished frames accounted for 41% of total revenue, up 11% year-on-year, while decorative building materials represented 37% of revenue, increasing by 38% [2]. Market Expansion - The company’s products have an export share close to 90%, serving over 130 countries, with more than 70% of sales coming from Europe and the United States [3]. - The revenue from the company's Vietnam base reached 210 million yuan, a year-on-year growth of 48.89%, indicating successful operations and expansion plans for future production capacity [3]. Shareholder Returns - The company initiated a restricted stock incentive plan for 607 participants, issuing 7.37 million shares, approximately 4% of total share capital [3]. - A mid-term dividend of 1 yuan per 10 shares will be distributed, alongside a share buyback plan of 40 million to 80 million yuan [3]. Future Strategy - The company plans to leverage its advantages in products, channels, and overseas layout, focusing on the application of core AI technology in business scenarios [4]. - There is an emphasis on integrating technology with business operations and enhancing organizational performance through high-density talent development [4].

证券代码：688087 证券简称：英科再生 公告编号：2025-046 英科再生资源股份有限公司 关于2025年半年度利润分配方案的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 一、 利润分配方案内容 根据英科再生资源股份有限公司（以下简称"公司"）2025 年 半年度报告（未经审计），截至 2025 年 6 月 30 日，公司期末母公司 可供分配利润为人民币 872,205,136.09 元；公司 2025 年半年度实现 归属于母公司股东的净利润为人民币 145,822,853.44 元。经董事会决 议，公司 2025 年半年度利润分配方案如下： 1 每股分配比例：A 股每股派发现金股利 0.10 元（含税），公 司本半年度不送红股，不进行资本公积转增股本。 本次利润分配方案以实施权益分派股权登记日总股本扣除公 司回购专户的股份数为基数，具体日期将在权益分派实施公 告中明确。 在实施权益分派的股权登记日前公司总股本发生变动的，拟维 持每股分配比例不变，相应调整拟分配利润总额并将另行公 告具体调整情 ...

国金证券股份有限公司 关于英科再生资源股份有限公司 部分募集资金投资项目延期的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为英 科再生资源股份有限公司（以下简称"英科再生"或"公司"）首次公开发行 股票并在科创板上市的保荐机构，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律 监管指引第1号——规范运作》等有关法律法规和规范性文件的要求，对英科再 生部分募集资金投资项目延期事项进行了核查，并出具核查意见如下： 一、募集资金投资项目情况概述 （一）募集资金基本情况 根据中国证券监督管理委员会于2021年5月25日出具的《关于同意英科再生 资源股份有限公司首次公开发行股票注册的批复》（证监许可[2021]1802号）， 公司获准向社会公众公开发行人民币普通股（A股）3,325.8134万股（每股面值 人民币1元），并于2021年7月9日在上海证券交易所科创板上市（以下简称"本 次发行"）。本次发行的发行价格为21.96元/股，本次发行募集资金总额约 73,034.86万元，扣除发行费用约7,349.03万元（不含税）后，募集资金 ...

Core Viewpoint - Company plans to invest approximately $40 million in the construction of the Vietnam Intco Qinghua (Phase III) project, which aims to enhance its capabilities in providing comprehensive home wall decoration solutions and deepen its global production layout [2][4]. Investment Decision and Basic Information - The investment proposal was approved during the fourth board meeting on August 26, 2025, and does not require shareholder approval. The investment is not classified as a related party transaction or a major asset restructuring [2]. - The project will be implemented by the wholly-owned subsidiary Intco Industries Vietnam Co., Ltd., located in the North Mountain Industrial Zone of Bian Mountain City, Quang Nam Province, Vietnam [2]. - The total investment is approximately $40 million, funded through self-owned or other self-raised funds [2][6]. Project Specifics - The project will cover an area of approximately 9.36 hectares, with a total building area of 55,000 square meters. Upon completion, it will have an annual production capacity of 60,000 tons of decorative building materials and 77.8 million pieces of high-end finished products [6]. - Intco Industries Vietnam has already completed two phases of the project in the industrial park, and the third phase will integrate with the existing facilities [6]. - As of June 30, 2025, Intco Industries Vietnam reported total assets of approximately 604.53 million RMB and net assets of approximately 135.27 million RMB, with a revenue of approximately 209.80 million RMB in the first half of 2025, reflecting a year-on-year growth of 48.89% [6]. Investment Impact and Risks - This investment aligns with the company's medium to long-term strategic planning and is expected to enhance its overseas production capabilities. However, it is not anticipated to have a significant impact on the company's financial status or operational results in 2025 [4]. - The project is subject to risks associated with overseas investments, including the need for approval from the Vietnamese government and potential financing risks due to reliance on self-raised funds [4]. - The construction period is estimated to be 24 months, and the company will comply with local regulations for necessary approvals [6].

Core Viewpoint - The company emphasizes its commitment to rapid expansion in Southeast Asia and enhancing its global supply chain capabilities, particularly in response to market demands and challenges faced during the first half of 2025 [1][2][3]. Group 1: Company Expansion and Strategy - The company has accelerated its manufacturing capabilities in Vietnam, with local employee numbers increasing from 800 to 1500 in just one month to meet urgent customer demands [2]. - The company is focusing on a "China + Southeast Asia manufacturing" strategy, which has allowed it to serve over 130 countries, maintaining a stable market share in the U.S. [1][3]. - The company plans to complete the construction of its second phase in Vietnam by early 2025, which will further enhance its production capacity [1]. Group 2: Product Focus and Market Position - The company provides a one-stop solution for home wall decoration, integrating recycling and high-tech manufacturing processes to create a full industrial chain for plastic recycling [4][5]. - The company’s revenue from non-U.S. markets has shown a year-on-year increase, indicating a successful strategy to fill order gaps caused by shifts in production [3][4]. - The company has established direct partnerships with 300-400 large retail chains globally, enhancing its market presence and customer loyalty [4]. Group 3: Financial Performance - For the first half of 2025, the company reported a revenue of approximately 1.67 billion RMB, a 16.13% increase compared to the same period last year [11]. - The total profit for the same period was approximately 154.73 million RMB, reflecting a decrease of 9.42% year-on-year [11]. - The net profit attributable to shareholders was approximately 145.82 million RMB, down 6.01% from the previous year [11]. Group 4: Industry Trends and Market Outlook - The global recycled plastic market is projected to reach approximately 75.49 billion USD in 2024, with a compound annual growth rate (CAGR) of 5.4% expected until 2031 [3]. - The company is well-positioned to capitalize on the growing demand for sustainable materials, particularly in the home decoration sector, which is experiencing significant structural changes [18][22]. - The company’s innovative building materials are designed to meet evolving consumer preferences for eco-friendly and easy-to-install products, aligning with market trends in Europe and the U.S. [19][22].

Group 1 - The company reported a net profit attributable to shareholders of RMB 145,822,853.44 for the first half of 2025, with a distributable profit of RMB 872,205,136.09 as of June 30, 2025 [2] - The board of directors proposed a cash dividend of RMB 1.00 per 10 shares (including tax), amounting to a total cash dividend distribution of approximately RMB 19,338,571.70 based on the adjusted share capital [2][3] - The profit distribution plan will not include stock dividends or capital reserve transfers to increase share capital, and the specific date for the distribution will be announced later [3] Group 2 - The company will maintain the per-share distribution ratio even if there are changes in total share capital due to events such as convertible bond conversions or share buybacks [2][3] - The decision-making process for the profit distribution was approved by the board of directors during the 22nd meeting of the fourth board on August 26, 2025, and does not require further approval from the shareholders' meeting [2][3]

英科再生资源股份有限公司 章 程 二零二五年八月 | 第一章 | 总 则 … | | --- | --- | | 第二章 | 公司经营宗旨和范围 . | | 第三章 | 服が | | 第一节 | 股份发行 . | | 第二节 | 股份增减和回购 . | | 第三节 | 股份转让 . | | | 第四章 股东和股东会 | | | 第一节 股东的一般规定 . | | | 第二节 控股股东和实际控制人 . | | | 第三节 股东会的一般规定 | | | 第四节 股东会的召集 | | | 第五节 股东会的提案和通知 | | | 第六节 股东会的召开 | | | 第七节 股东会的表决和决议 . | | | 第五章 董事和董事会 ……………………………………………………………………………………………………………………………22 | | | 第一节 董事的一般规定 | | | 第二节 董 事 会 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 25 | | | ...

Core Viewpoint - The company, 英科再生 (Inno-Resource), is expanding its operations in Vietnam by investing approximately $40 million in a new project to enhance its competitive advantage in the resource recycling industry and meet diverse market demands [1] Group 1 - The company plans to leverage the successful experiences from its previous projects in Vietnam, specifically the first phase project of producing 2.27 million plastic decorative frames and wires annually [1] - The new project will be implemented in the Banshan Industrial Zone of Banshan Township, Quang Ninh Province, Vietnam [1] - Funding for the project will come from the company's own resources or other self-raised funds [1]