Group 1 - The core issue of marine pollution is the lack of a sustainable economic model for the industry, which hinders effective governance and market development [1] - A new model for marine waste management is being piloted in Shanghai's Fengxian District, aiming for government support, enterprise implementation, and broad social participation [1] Group 2 - A volunteer beach cleanup event in Hangzhou Bay collected 917.84 kilograms of marine waste, which was sorted and processed into biomass fuel and recycled pallets [2] - The new approach to marine waste management has created a win-win situation for local authorities and waste disposal companies, as previously neglected marine waste is now being utilized effectively [3] Group 3 - The establishment of the "Shanghai Marine Alliance" has provided a new pathway for marine waste, transforming it into valuable resources rather than sending it to incineration [4] - Companies are now more inclined to convert marine waste into recycled products for market competition, as the quality and yield from marine waste are superior to that of land-based waste [4] Group 4 - Marine waste is being transformed into various products such as picture frames and flooring by companies like Yingke Recycling, which is also looking to expand its production capacity [5] - A local certification system for marine waste recycling is being developed in Shanghai, enhancing confidence in the environmental industry and creating a market for certified recycled products [5] Group 5 - Blockchain technology is being considered for tracking marine waste recycling processes, ensuring data integrity and preventing fraudulent claims [6] - The "Shanghai Marine Waste Cleanup Action Plan (2025-2027)" aims to significantly reduce marine waste density by 2027, with projected annual investments in marine waste management reaching approximately 20 million yuan [6] - The Shanghai government is looking to establish a self-sustaining marine waste recycling market, encouraging public participation and offering carbon reduction incentives for community involvement in cleanup activities [6]

Group 1 - The company completed the industrial and commercial change registration and obtained a new business license [3] - The company held its 2024 annual general meeting on May 20, 2025, where it approved the repurchase and cancellation of certain restricted stocks and proposed changes to the registered capital and company bylaws [1] - The company held its first extraordinary general meeting of 2025 on June 16, 2025, approving the authorization for the board to handle matters related to the 2025 restricted stock incentive plan [2] Group 2 - The company held its second extraordinary general meeting of 2025 on November 6, 2025, where it approved amendments to the company bylaws and the registration of industrial and commercial changes [3] - The new business license indicates the registered capital of the company is 194.054775 million RMB [3] - The company operates in various sectors including plastic products manufacturing, sales of daily necessities, and recycling of renewable resources [3][4]

Core Viewpoint - The company, Yingke Recycling, has completed the registration capital change and other business registration procedures, obtaining a new business license with an updated registered capital of 194,507,775 yuan [1] Group 1 - The company has successfully completed the registration capital change and other necessary business registration updates [1] - The new registered capital is set at 194,507,775 yuan [1]

英科再生资源股份有限公司 关于完成工商变更并取得营业执照的公告 证券代码：688087 证券简称：英科再生 公告编号：2025-068 4、住所：山东省淄博市临淄齐鲁化学工业园清田路（一照多址） 5、法定代表人：刘方毅 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。 英科再生资源股份有限公司（以下简称"公司"）于 2025 年 5 月 20 日召开 2024 年年度股东会，审议通过了《关于回购注销部分限制 性股票的议案》《关于拟变更公司注册资本、取消监事会与修订〈公 司章程〉并办理工商变更登记的议案》，具体内容详见公司于 2025 年 5 月 21 日在上海证券交易所网站（www.sse.com.cn）披露的《英科再 生资源股份有限公司 2024 年年度股东会决议公告》（公告编号： 2025-026）。 公司于 2025 年 6 月 16 日召开 2025 年第一次临时股东会，审议 通过了《关于提请股东会授权董事会办理 2025 年限制性股票激励计 划相关事宜的议案》，具体内容详见公司于 2025 年 6 月 17 日在上 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688087 证券简称：英科再生 公告编号：2025-066 英科再生资源股份有限公司 关于董事会完成换届选举暨聘任 高级管理人员、证券事务代表的公告 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。 英科再生资源股份有限公司（以下简称"公司"或"英科再生"）于2025年12月1日召开2025年第三次临时 股东会，选举产生了第五届董事会非独立董事、独立董事，与2025年12月1日职工代表大会选举产生的 职工代表董事，共同组成了公司第五届董事会。同日，公司召开第五届董事会第一次会议，选举产生董 事长、董事会专门委员会委员，聘任高级管理人员、证券事务代表，现将具体情况公告如下： 一、董事会换届选举情况 2025年12月1日，公司召开第五届董事会第一次会议，全体董事一致同意选举刘方毅先生担任公司第五 届董事会董事长，并选举产生第五届董事会战略与ESG委员会、审计委员会、提名委员会、薪酬与考核 委员会委员，任期自本次董事会审议通过之日起至第五届董事会任期届满之日止，各专门委 ...

Summary of the Conference Call for 英科再生 Company Overview - 英科再生 focuses on the recycling of plastic waste, preparation of recycled particles, and downstream product processing, forming a complete business structure through a full industry chain layout [4][2]. Industry and Market Position - The global recycled plastic market is projected to reach over $50 billion by 2024, with a low penetration rate of recycled materials at about 10% of the overall plastic market [13]. - The company has established a strong presence in overseas markets, with 89% of its revenue coming from international sales, primarily in Europe and the United States [11][2]. Financial Performance - In the first three quarters of the year, the company reported a 16% year-on-year increase in revenue, reaching approximately 2.3 billion yuan in net profit [6][2]. - The gross margin has experienced fluctuations due to raw material price volatility and depreciation of new bases, but is expected to stabilize and improve with the optimization of the business structure [6][9]. Key Business Segments - The main revenue-generating segments are finished frames (41% of total revenue) and decorative building materials (37% of total revenue), with the latter growing over 38% in the first half of the year [7][9]. - The decorative building materials segment is anticipated to become the largest business area, with a stable gross margin of 28%-32% [9][2]. Strategic Initiatives - The company is shifting its focus in the recycled particle business towards exports to enhance profitability, while the environmental equipment segment serves as a strategic layout to stabilize upstream waste sources [10][2]. - The management team is stable, with the founder holding 40.65% of the shares, and a stock incentive plan has been introduced to bind key employees [12][2]. Future Outlook - The company expects steady growth in the finished frame business and high growth in decorative building materials due to expansion in the European and American markets [3][8]. - Projections indicate revenue growth rates of 14.8%, 15.3%, and 16.2% from 2025 to 2027, with net profits expected to reach 300 million, 360 million, and 430 million yuan respectively [20][2]. Competitive Advantages - The company has a global production capacity advantage, with manufacturing bases in Vietnam and Malaysia, which are expected to enhance overall profitability [17][2]. - Strong R&D capabilities and a diverse product matrix allow the company to meet customized demands, particularly in the DIY market in Europe and the U.S. [14][16]. Governance and Management - The company emphasizes innovation and talent development, with a long-term growth expectation of around 15% CAGR from 2025 to 2029 [19][2]. Conclusion - Overall, the company is well-positioned for future growth with a robust business model, strategic international expansion, and a focus on high-margin products, leading to a positive investment outlook [20][2].

格隆汇12月1日丨英科再生(688087.SH)公布，截至2025年11月30日，公司通过上海证券交易所交易系统 以集中竞价交易方式回购公司股份142.42万股，占公司总股本的0.73%，回购成交的最高价为30.39元/ 股，最低价为25.43元/股，支付的资金总额为人民币4000.02万元（不含交易费用）。 ...

证券代码：688087 证券简称：英科再生 公告编号：2025-067 英科再生资源股份有限公司 关于以集中竞价方式回购股份的进展公告 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： | 回购方案首次披露日 | 2025/4/8 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 4 4 | 8 | 日~2026 | 年 | 月 | 日 7 | | 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 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 1,424,200股 | | | | | | | 累计已回购股数占总股本比例 | 0.73% | | | | | | | 累计已回购金额 | 40,000,176. ...

（一）董事选举情况 2025 年 12 月 1 日，公司召开 2025 年第三次临时股东会，选举 刘方毅先生、金喆女士为公司第五届董事会非独立董事，选举张彦 博先生、刘玉玉女士为公司第五届董事会独立董事。本次股东会选 举的上述 2 名非独立董事和 2 名独立董事与 2025 年 12 月 1 日职工 代表大会选举产生的职工代表董事王丽丽女士，共同组成公司第五 届董事会，任期自 2025 年第三次临时股东会审议通过之日起三年。 第五届董事会成员的简历详见公司分别于 2025 年 11 月 14 日、 2025 年 12 月 2 日在上海证券交易所网站（www.sse.com.cn）披露的 《英科再生资源股份有限公司关于董事会换届选举的公告》（公告 证券代码：688087 证券简称：英科再生 公告编号：2025-066 英科再生资源股份有限公司 关于董事会完成换届选举暨聘任高级管理人员、证券 事务代表的公告 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。 英科再生资源股份有限公司（以下简称"公司"或"英科再 生"）于 2025 ...

证券代码：688087 证券简称：英科再生 公告编号：2025-065 英科再生资源股份有限公司 关于变更签字注册会计师的公告 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。 英科再生资源股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日召开第四届董事会第十八次会议、第四届监事会第十四次会议， 于 2025 年 5 月 20 日召开 2024 年年度股东会，审议通过了《关于续 聘 2025 年度会计师事务所的议案》，同意续聘天健会计师事务所 （特殊普通合伙）（以下简称"天健"）担任公司 2025 年度财务报告 审计机构及内部控制审计机构，聘期一年。具体内容详见公司于 2025 年 4 月 28 日在上海证券交易所网站(www.sse.com.cn)披露的 《英科再生资源股份有限公司关于续聘 2025 年度会计师事务所的公 告》（公告编号：2025-007）。 年开始从事上市公司审计，自 2005 年开始在天健执业。近三年签署 或复核了江瀚新材、巨化股份、五洲特纸等多家上市公司审计报告。 签字注册会计师：唐楠 ...