关于 法律意见书 上海天衍禾律师事务所 英科再生资源股份有限公司 2022 年限制性股票激励计划回购注销部分限制性股票实施情况 之 法律意见书 致：英科再生资源股份有限公司 上海天衍禾律师事务所（以下简称"本所"）接受英科再生资源股份有限公司 （以下简称"英科再生"或"公司"）的委托，担任英科再生实施 2022 年限制性股 票激励计划相关事宜（以下简称"本次股权激励计划"或"激励计划"）的专项法律 顾问。本所律师根据《中华人民共和国公司法》（以下简称《公司法》）《上市公 司股权激励管理办法》（以下简称《管理办法》）《上海证券交易所科创板股票上 市规则》等有关法律及其他有关法律、法规、规范性文件，以及《英科再生资源 股份有限公司 2022 年限制性股票激励计划（草案）》（以下简称《激励计划（草 案）》）和《英科再生资源股份有限公司公司章程》（以下简称《公司章程》）的相 关规定，对本次股权激励计划所涉及的回购注销部分限制性股票实施情况相关事 项出具本法律意见书。为出具本法律意见书，本所律师谨作如下承诺和声明： 1、本所根据《公司法》《证券法》《管理办法》等法律、法规和规范性文件， 按照律师行业公认的业务标准、道德 ...

本文源自：金融界 作者：智投君 8月18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1527位，当日融资偿还额0.08 亿元，净买入316.08万元。 最近三个交易日，14日-18日，英科再生分别获融资买入0.11亿元、0.08亿元、0.11亿元。 融券方面，当日融券卖出0.00万股，净卖出0.00万股。 ...

Group 1 - The Shanghai government is establishing a new model for marine waste management, focusing on collaboration between government, enterprises, and society to create a sustainable system for marine plastic pollution [1] - The "Shanghai Marine Alliance" has been launched to facilitate dialogue and cooperation among various stakeholders in the marine waste industry chain [1][2] - Companies like Baosteel, China Agricultural Development Bank, Unilever, and PepsiCo are among the first members of the "Shanghai Marine Alliance," playing key roles in transforming marine waste into valuable resources [2] Group 2 - The use of blockchain technology by Zhejiang Blue View Technology Co., Ltd. is highlighted for tracking marine waste from collection to recycling, ensuring data integrity and preventing fraudulent environmental claims [2] - The Shanghai Carbon Benefit Platform has introduced a system where citizens can earn carbon credits for participating in green activities, which can be redeemed for various benefits [2] - Research is being conducted to link marine waste management with carbon benefits, potentially allowing citizens participating in beach clean-up activities to earn carbon credits [2]

Investment Rating - The report maintains an "Overweight" rating for the environmental protection industry [1] Core Insights - The expansion of the CCER (China Certified Emission Reduction) market is expected to benefit agricultural and forestry biomass, while the EU's Circular Economy Act emphasizes the importance of recycling resources [1][10] - The report highlights the potential for increased cash flow and profitability in the waste-to-energy sector as capital expenditures decline, similar to trends observed in the waste incineration industry [19][23] - The report suggests that the water services sector is approaching a cash flow inflection point, positioning it as the next growth area akin to waste incineration [23][24] Summary by Sections CCER Methodology and Market Expansion - The third batch of CCER methodologies focuses on agricultural biomass and methane reduction from oil and gas, indicating a growing supply and demand in the carbon market [8][10] - The average price of CCER has been reported at 89 RMB/ton, showing a premium over carbon allowances, reflecting tight supply conditions [10][12] EU Circular Economy Act - The EU is seeking public opinion on the Circular Economy Act, which aims to enhance the value of recycled materials and impose stricter regulations on waste management and recycling [15][16] - Key objectives include improving electronic waste collection and recycling rates, and extending producer responsibility for product lifecycle management [16][18] Waste-to-Energy Sector - The report notes a significant improvement in free cash flow for waste-to-energy companies as capital expenditures decrease, with projected dividend increases for major players [20][21] - The sector is expected to see a shift towards higher dividends and improved return on equity (ROE) as companies optimize operations and reduce costs [21][22] Water Services Sector - The water services market is anticipated to experience a cash flow boost as capital expenditures decline, with companies like Xingrong Environment and Yuehai Investment highlighted for their strong dividend potential [23][25] - The report emphasizes the importance of water pricing reforms in ensuring sustainable growth and returns for water service providers [24][25] Key Recommendations - The report recommends focusing on companies such as Guangda Environment, Xingrong Environment, and Green Power for their strong market positions and growth potential in the environmental sector [1][19][25]

Group 1 - The core point of the article highlights the financing activities of Yingke Recycling, which received a financing buy amount of 0.11 billion on August 14, ranking 1401st in the market [1] - Over the last three trading days from August 12 to August 14, Yingke Recycling had financing buy amounts of 0.08 billion, 0.05 billion, and 0.11 billion respectively [1] - On the same day, there were no shares sold or net sold in the securities lending market for Yingke Recycling [2]

Group 1 - The core point of the news is that Yingke Recycling Resources Co., Ltd. has established a new subsidiary, Anqing Yingke Recycling Technology Co., Ltd., with an investment of 10 million RMB, holding 100% ownership [1][2] Group 2 - Anqing Yingke Recycling Technology Co., Ltd. was founded on August 7, 2025, with a registered capital of 10 million RMB and is located in Anqing City [2] - The company is involved in various sectors including research and development of new materials, technical services, manufacturing and sales of various products such as flooring, bamboo products, rubber products, and plastic products [2] - The company also engages in recycling of resources (excluding production waste metals), resource regeneration technology research, and manufacturing of lightweight building materials [2]

来源：金融界 金融界8月12日消息，有投资者在互动平台向英科再生提问：请问随着联合国大会要求全球更进一步缩 减塑料膜使用及循环利用，公司在设备制造方面具有很强的国际竞争力，不知是否能明显感受到市场积 极的需求变化，能否简单介绍公司在降解塑料盒循环利用，国际上的哪些技术产品占据什么位置，25年 能否在23.24年基数上实现突破增长。 公司回答表示：尊敬的投资者，您好！感谢您对英科再生的关注。现就公司相关业务动态说明如下： 一、公司依托自主研发的回收设备体系，赋能供应商提升资源利用效能，进一步巩固回收网络的核心壁 垒。在现有传统泡塑减容回收设备的技术基础上，公司将持续推进废塑料处理整体解决方案，持续完善 设备矩阵。二、公司核心业务聚焦于构建再生塑料"回收 — 再生 — 利用"的全产业链创新模式，致力于 实现再生塑料的高效循环价值利用，业务重心非可降解塑料领域。再次感谢您的关注！ ...

Core Points - The stock price of Yingke Recycling (688087) closed at 28.65 yuan as of August 8, 2025, representing a 4.68% increase from the previous week's closing price of 27.37 yuan [1] - The company's market capitalization is currently 5.575 billion yuan, ranking 29th out of 72 in the plastics sector and 2940th out of 5151 in the A-share market [1] Company Announcements - Yingke Recycling has repurchased a total of 488,500 shares, accounting for 0.25% of its total share capital [1] - The share repurchase plan was first disclosed on April 8, 2025, with an implementation period from April 8, 2025, to April 7, 2026, and an expected repurchase amount between 40 million and 80 million yuan [1] - The repurchased shares are intended for employee stock ownership plans or equity incentives [1] - As of July 31, 2025, the total amount spent on repurchases is approximately 12,995,098.13 yuan, with actual repurchase prices ranging from 25.43 yuan to 27.51 yuan per share [1] - Following the 2024 equity distribution, the upper limit for the repurchase price has been adjusted from 41.44 yuan to 41.38 yuan per share [1] - The company will make repurchase decisions based on market conditions and will fulfill information disclosure obligations in a timely manner [1]

专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 光华股份CFO吴文娟薪酬最低，年薪22.47万元，不到行业平均薪酬的三分之一。公司经营业绩层面， 光华股份实现营业收入17.24亿元，同比增长16.5%，净利润1.46亿元，同比增长39.1%。 英科再生CFO李寒铭薪酬涨幅最高，年薪72.93万元，上年为41.27万元，同比大幅增长76.9%。公司经 营业绩层面，英科再生实现营业收入29.24亿元，同比增长19.1%，净利润3.07亿元，同比增长57.1%。 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股 CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平均年薪为 81.48万元。 分行业来看，塑料行业CFO薪酬总额4792.54万元，平均薪酬71.53万元，同比增长7.66%。 按学历来看，塑料行业CFO学历以本科为主，占比50.75%，硕士占比29.85%，大专占比19.40%。 按年龄来看，塑料行业CFO年龄普遍超过（含）40岁，年龄最小的为普利特（维权）CFO周臻纶及博 ...

Group 1 - The core point of the article highlights the financing activities of Yingke Recycling, with a net buying amount of 5.08 million yuan on August 6, ranking 1130th in the market [1] - Over the last three trading days from August 4 to August 6, Yingke Recycling received financing purchases of 16 million yuan, 7 million yuan, and 13 million yuan respectively [1] Group 2 - In terms of securities lending, there were no shares sold or net sold on the same day [2]