融券方面，当日融券卖出0.00万股，净卖出0.00万股。 本文源自：金融界 作者：智投君 8月14日，沪深两融数据显示，英科再生获融资买入额0.11亿元，居两市第1401位，当日融资偿还额0.09 亿元，净买入123.40万元。 最近三个交易日，12日-14日，英科再生分别获融资买入0.08亿元、0.05亿元、0.11亿元。 ...

天眼查工商信息显示，近日，英科再生资源股份有限公司出资1000万元成立安庆英科再生科技有限公 司，持股100%，所属行业为研究和试验发展。 资料显示，安庆英科再生科技有限公司成立于2025年8月7日，法定代表人为赵京生，注册资本1000万人 民币，公司位于安庆市，新材料技术研发、新材料技术推广服务、技术服务、技术开发、技术咨询、技 术交流、技术转让、技术推广、专业设计服务、工业设计服务、技术进出口、货物进出口、进出口代 理、地板制造、地板销售、竹制品制造、橡胶制品制造、软木制品制造、塑料制品制造、塑料制品销 售、橡胶制品销售、家具制造、日用木制品制造、日用品销售、机械设备销售、再生资源回收（除生产 性废旧金属）、再生资源加工、资源再生利用技术研发、新型建筑材料制造（不含危险化学品）、轻质 建筑材料制造、建筑材料销售、轻质建筑材料销售、建筑装饰材料销售、太阳能发电技术服务、建筑用 木料及木材组件加工、竹制品销售（除许可业务外，可自主依法经营法律法规非禁止或限制的项目）许 可项目：发电业务、输电业务、供（配）电业务（依法须经批准的项目，经相关部门批准后方可开展经 营活动，具体经营项目以相关部门批准文件或许可证件为 ...

截至2025年8月8日收盘，英科再生（688087）报收于28.65元，较上周的27.37元上涨4.68%。本周，英 科再生8月6日盘中最高价报29.82元。8月4日盘中最低价报27.15元。英科再生当前最新总市值55.75亿 元，在塑料板块市值排名29/72，在两市A股市值排名2940/5151。 英科再生资源股份有限公司发布了关于以集中竞价方式回购股份的进展公告。回购方案首次披露日为 2025年4月8日，实施期限为2025年4月8日至2026年4月7日，预计回购金额为4000万元至8000万元，回购 用途为用于员工持股计划或股权激励。截至2025年7月31日，公司累计已回购股数488500股，占总股本 比例0.25%，累计已回购金额12995098.13元，实际回购价格区间为25.43元/股至27.51元/股。公司2024年 度权益分派实施后，回购股份价格上限由不超过人民币41.44元/股调整为不超过人民币41.38元/股。公 司将严格按照相关规定，在回购期限内根据市场情况择机做出回购决策并予以实施，同时根据回购股份 事项进展情况及时履行信息披露义务。 以上内容为证券之星据公开信息整理，由AI算法生成（网 ...

本文源自：金融界 作者：智投君 8月6日，沪深两融数据显示，英科再生获融资买入额0.13亿元，居两市第1130位，当日融资偿还额0.08 亿元，净买入508.16万元。 最近三个交易日，4日-6日，英科再生分别获融资买入0.16亿元、0.07亿元、0.13亿元。 融券方面，当日融券卖出0.00万股，净卖出0.00万股。 ...

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： | 回购方案首次披露日 | 2025/4/8 | | | | | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 月 2025 4 8 4 7 | 日~2026 | 年 | 日 | | 预计回购金额 | 4,000万元~8,000万元 | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | 累计已回购股数 | □为维护公司价值及股东权益 488,500股 | | | | | 累计已回购股数占总股本比例 | 0.25% | | | | | 累计已回购金额 | 12,995,098.13元 | | | | | 实际回购价格区间 | 25.43元/股~27.51元/股 | | | | 一、回购股份的基本情况 英科再生资源股份有限公司（以下简称"公司"）于 2025 年 4 月 7 日召开第四 届董事会第十七次会议，审议通过了《关于以集中竞价方式回购公司股份方案 ...

Group 1 - The company, Yingke Recycling (688087.SH), announced a share buyback of 488,500 shares, representing 0.25% of its total share capital [1] - The buyback was conducted through the Shanghai Stock Exchange's centralized bidding system [1] - The highest price for the buyback was 27.51 CNY per share, while the lowest price was 25.43 CNY per share, with a total expenditure of 12,995,098.13 CNY (excluding transaction fees) [1]

Investment Rating - The report maintains an "Accumulate" rating for the environmental protection industry [1] Core Views - The report emphasizes the importance of the recent price law revision, which is expected to enhance ROE and cash flow, particularly in the water pricing sector. The marketization of water prices is seen as a potential turning point for cash flow, similar to the previous developments in waste incineration [1][11] - The report identifies a cash flow turning point in water operations, suggesting that companies like Xingrong and Shou Chuang will see significant reductions in capital expenditures starting in 2025, leading to substantial increases in free cash flow [1][22] - The report highlights the strengthening of environmental inspections as a driving force for the industry, indicating a shift from policy-driven to governance-driven demand for environmental services [10] Summary by Sections Industry Trends - The environmental protection industry is transitioning towards a governance-driven model, with a focus on long-term, systematic management rather than temporary fixes [10] - The report notes a significant increase in the sales of new energy sanitation vehicles, with a year-on-year growth of 90.56% in the first half of 2025, indicating a growing market for environmentally friendly equipment [31] Water Operations - The report predicts that the water operations sector will experience a cash flow turning point, with companies like Xingrong and Shou Chuang expected to reduce capital expenditures significantly starting in 2025, leading to increased free cash flow [1][22] - The report recommends companies such as Xingrong Environment, Yuehai Investment, and Hongcheng Environment for their strong dividend potential and market positioning [23][24] Waste Incineration - The report discusses the expected decline in capital expenditures for waste incineration, which will enhance free cash flow and dividend payouts. Companies like Junxin and Green Power are highlighted for their strong dividend performance [18][20] - The report identifies new trends in waste incineration, including partnerships with data centers to enhance profitability and ROE [21] Policy Developments - The report outlines the implications of the price law revision, which aims to enhance market pricing mechanisms and improve cash flow for public utilities, particularly in water and waste management sectors [11][14] - The report emphasizes the importance of environmental inspections in driving industry growth and ensuring compliance with new regulations [9][10] Recommendations - The report recommends a focus on companies with strong operational capabilities and cash flow potential, such as Xingrong Environment, Yuehai Investment, and Hongcheng Environment, while suggesting attention to emerging players in the waste management and renewable energy sectors [23][24][25]

Summary of Key Points Core Viewpoint The announcement details the results of the 2025 Restricted Stock Incentive Plan of Yingke Recycling Resources Co., Ltd., including the number of shares granted, the adjustments made, and the implications for the company's share structure and financial reporting. Group 1: Granting of Restricted Stock - The first grant date for the restricted stock was July 21, 2025, with a total of 7.37 million shares granted [1]. - The number of incentive recipients was adjusted from 612 to 607 due to five individuals voluntarily giving up their shares, resulting in a reduction of 8,000 shares [1]. Group 2: Distribution of Restricted Stock - The distribution of the granted shares includes 525,000 shares (7.12%) to directors, senior management, and core technical personnel, while 6.84 million shares (92.88%) were allocated to other key management and technical personnel [2]. - The total number of shares granted under the incentive plan is 7.37 million, which represents 3.94% of the company's total share capital [2]. Group 3: Lock-up Period and Release Conditions - The restricted stock will have a lock-up period with specific release conditions, allowing for a gradual release of shares over a maximum of 72 months [3]. - The first release will occur 12 months after the registration completion, with 20% of the shares becoming available for sale [3]. Group 4: Financial Impact and Verification - The total funds received from the incentive recipients amounted to approximately RMB 88.51 million, with RMB 7.37 million recorded as paid-in capital and RMB 81.14 million as capital surplus [4]. - The completion of the stock registration increased the total number of shares from 187,226,610 to 194,596,610, without changing the controlling shareholder [4]. Group 5: Shareholder Structure Changes - The granting of restricted stock will lead to a dilution of existing shareholders' stakes, with specific changes noted for major shareholders [5]. - The actual control of the company remains unchanged despite the increase in total shares [5]. Group 6: Accounting and Financial Reporting - The company will account for the restricted stock in accordance with accounting standards, impacting the net profit over the years due to the amortization of the stock compensation expense [6]. - The estimated financial impact of the stock incentive plan is expected to be positive, enhancing management motivation and operational efficiency, outweighing the costs associated with the stock grants [7].

一、限制性股票授予情况 公司于 2025 年 6 月 23 日召开的第四届董事会第二十次会议，审议通过了《关 于向激励对象授予限制性股票的议案》，相关事项已经公司董事会薪酬与考核委 员会审议通过。本激励计划实际授予情况如下： 1、本次限制性股票授予日：2025 年 6 月 23 日 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： 根据中国证券监督管理委员会《上市公司股权激励管理办法》、上海证券交 易所、中国证券登记结算有限责任公司上海分公司有关规则的规定，英科再生资 源股份有限公司（以下简称"公司"或"本公司"）已于近日完成了公司 2025 年限 制性股票激励计划（以下简称"本激励计划"）限制性股票的授予登记工作，有关 具体情况如下： 证券代码：688087 证券简称：英科再生 公告编号：2025-042 英科再生资源股份有限公司 关于2025年限制性股票激励计划限制性股票 授予结果公告 5、本次限制性股票的股票来源：公司向激励对象定向发行的本公司 A 股普 通股 第一类限制性股票授予登记日：2025 年 ...

Investment Rating - The investment rating for the industry is "Increase" which indicates a relative increase of more than 15% compared to the CSI 300 index [28] Core Insights - The Central Financial Committee's sixth meeting emphasized the high-quality development of the marine economy and the exploration of marine carbon sink accounting [8] - The first international standard for algal carbon footprint has been officially released, marking a breakthrough in carbon footprint standards [8] - The national carbon market is expanding beyond the power sector, increasing the demand for CCER (Voluntary Carbon Emission Reduction) [9] - New methodologies for CCER are expected to accelerate expansion, including projects related to low-concentration gas utilization in coal mines and energy-saving in highway tunnel lighting [10] Summary by Sections Weekly Investment Perspective - The meeting highlighted the need for top-level design in marine economic development and encouraged social capital participation [8] - The national carbon market will include cement, steel, and electrolytic aluminum industries, with a target to cover 7.5 billion tons of greenhouse gas emissions by 2027 [9] Environmental Sector Performance - The environmental sector saw a weekly increase of 0.81%, with notable stock performances including Xuedilong (+31.74%) and Sandetech (+26.25%) [13][16] - The weekly trading volume for national carbon market emissions was 2.47 million tons, with an average price of 72.64 yuan/ton, reflecting a 62% decrease from the previous week [14] Carbon Neutrality Tracking - The CCER trading volume reached 103,000 tons with an average price of 87.04 yuan/ton [14] - The Shanghai pilot carbon market achieved 100% compliance for twelve consecutive years, with a significant increase in green electricity consumption [18] Investment Recommendations - Recommendations include leading waste incineration companies such as Sanfeng Environment and Huanlan Environment, as well as companies in the recycling sector like Zhuoyue New Energy and Sanlian Hongpu [11]