京源环保公告，公司收到江苏证监局行政监管措施决定书，指出公司存在违规使用募集资金支付非募投 项目费用的情况，且未在募集资金专项报告等公告中如实披露，导致信息披露不准确。此外，公司在 2024年年度报告中披露的法人治理状况与实际情况不符。根据决定书，公司及相关人员将被采取责令改 正和出具警示函的行政监管措施，并记入证券期货市场诚信档案。公司及相关人员将严格按照要求整 改，并在规定期限内提交书面整改报告。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 江苏京源环保股份有限公司（以下简称"公司"）已于2025年10月31日发布了公司2025年第三季度报告， 为便于广大投资者更全面深入地了解公司2025年第三季度经营成果、财务状况，公司计划于2025年12月 12日14:00-15:00举行2025年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2025年第三季度经营成果及财务指标的具体情况与 投资者进行互动交流和沟通，并在信息披露允许的范围内就投资者普遍关注的问题进行回答。 证券代码：688096 证券简称：京源环保公告编号：2025-066 转债代码：118016 转债简称：京源转债 江苏京源环保股份有限公司 关于召开2025年第三季度业绩说明会的公告 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： ● 投资者可于2025年12月11日（星期四）16:00前登录上证路演中心网站首页点击"提问预征集"栏目或通 过公司邮箱suhaijuan@j ...

| 证券代码：688096 | 证券简称：京源环保 | 公告编号：2025-066 | | --- | --- | --- | | 转债代码：118016 | 转债简称：京源转债 | | 江苏京源环保股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 江苏京源环保股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布 了公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第 三季度经营成果、财务状况，公司计划于 2025 年 12 月 12 日 14:00-15:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 （二）会议召开地点：上海证券交易所上证路演中心（http://roadshow.sseinfo.com/） 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。 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，并在信息披露允许的范围内 就投资者普 ...

Core Viewpoint - 京源环保 reported a revenue increase of 17.45% in the first nine months of 2025, but still faced net losses, indicating ongoing financial challenges despite revenue growth [1] Financial Performance - For the first nine months of 2025, 京源环保 achieved a revenue of 323 million yuan, a year-on-year increase of 17.45% [1] - The net profit attributable to shareholders was -3.79 million yuan, an improvement from -9.73 million yuan in the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -5.22 million yuan, compared to -13.72 million yuan in the previous year [1] - The net cash flow from operating activities was 14.71 million yuan [1] Future Projections - In 2023 and 2024, 京源环保 is projected to achieve revenues of 396 million yuan and 476 million yuan, respectively [2] - The net profit attributable to shareholders for 2023 and 2024 is expected to be -29.23 million yuan and -24.73 million yuan, respectively [2] - The net profit after deducting non-recurring gains and losses for the same years is projected to be -44.16 million yuan and -31.09 million yuan [2] - The net cash flow from operating activities is expected to be -88.55 million yuan in 2023 and 3.85 million yuan in 2024 [2] Capital Raising Activities - 京源环保 raised a total of 71.72 million yuan through two rounds of fundraising, including an IPO and a convertible bond issuance [3] - The IPO raised 384.74 million yuan, with a net amount of 34.27 million yuan after expenses [2][3] - The company issued 332,500 convertible bonds in 2022, raising 33.25 million yuan, with a net amount of 32.80 million yuan after expenses [3] Stock Performance - 京源环保's stock was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 9, 2020, with an initial price of 14.34 yuan per share [2] - The highest price recorded on the first trading day was 33.00 yuan [2] Shareholder Actions - On June 2, 2023, 京源环保 announced a stock bonus of 4 shares for every 10 shares held and a pre-tax dividend of 1.5 yuan [3] - A similar action was announced for July 9, 2025, with the same terms [3]

Core Viewpoint - The company, Jingyuan Environmental Protection, has been a key player in the industrial water treatment sector for over 20 years, focusing on technology research and engineering applications, which has led to a strong market reputation and customer base [1] Group 1: Company Overview - The company specializes in water treatment solutions for the power industry and has accumulated significant project experience and core technological advantages [1] - It has successfully provided water treatment system solutions to numerous large industrial enterprises [1] Group 2: Project Update - The company is currently in the contract signing phase for the Xibaipo project, which is expected to further strengthen its technological advantages and market position in the power industry water treatment sector [1] - The implementation of the Xibaipo project is anticipated to have a positive impact on the company's future operating performance [1]

Industry News - The National Energy Administration has issued guidelines to promote the integrated development of renewable energy, aiming for significant improvements in reliability and market competitiveness by 2030 [2] - The Ministry of Industry and Information Technology reported that over 600,000 technology and innovation-oriented SMEs have been cultivated in China, with more than 140,000 specialized and innovative SMEs [5] - The Ministry of Industry and Information Technology is seeking public opinions on the management measures for the printed circuit board industry, emphasizing the need for technological advancement and quality improvement [10] - The Ministry of Education has outlined plans to establish a comprehensive technology education system in primary and secondary schools by 2030, enhancing practical skills and interdisciplinary teaching methods [11] - The State Post Bureau reported that from October 21 to November 11, the national express delivery companies collected 13.938 billion packages, with a daily average of 634 million, indicating a significant expansion in the express delivery market [12] Company News - Haibo Sichuang has signed a strategic cooperation agreement with CATL to procure a total of no less than 200 GWh of electricity from 2026 to 2028 [16] - Century Huatong plans to repurchase between 500 million to 1 billion yuan of its shares for cancellation [16] - Changrong Co. intends to establish a controlling subsidiary to cooperate in the construction of a 100 MW photovoltaic power station [16] - CATL has begun mass production of its fifth-generation lithium iron phosphate battery products [16] - Shengton Mining is advancing its internationalization process with a planned investment of 1.423 billion yuan in its subsidiary [16] - Jingyuan Environmental Protection has won a water treatment project in the power industry worth approximately 143 million yuan [16] - Sturdy Medical's wholly-owned subsidiary plans to invest 2 billion yuan to build a production base for all-cotton spunlace non-woven fabric [16] - Giant Star Legend is deepening its cooperation with Yushu Technology to accelerate the commercialization of the robotics industry [16]

Group 1 - The core point of the article is that Jingyuan Environmental Protection has won a bid for a water treatment project in the power industry, with a contract amount of approximately 143 million yuan, marking a historical high for the company in this sector [1] Group 2 - The contract amount of 143 million yuan represents the highest single project contract value for water treatment in the power sector for Jingyuan Environmental Protection [1] - This achievement indicates the company's growing presence and competitiveness in the power industry water treatment market [1] - The project win may enhance the company's revenue and strengthen its market position in the environmental protection sector [1]

Group 1 - The core viewpoint of the news is that Jingyuan Environmental Protection's stock has experienced fluctuations, with a year-to-date increase of 58.28% but a recent decline of 2.35% on November 12 [1] - As of November 12, the stock price is reported at 8.30 yuan per share, with a total market capitalization of 1.959 billion yuan [1] - The company has seen a net outflow of 423,600 yuan in principal funds, with large orders accounting for 8.84% of total purchases and 10.60% of total sales [1] Group 2 - Jingyuan Environmental Protection operates in the environmental protection sector, specifically in water treatment and governance, with a revenue composition of 64.30% from industrial wastewater treatment, 28.85% from other services, and 6.85% from water supply treatment [1][2] - As of September 30, the number of shareholders has increased to 6,732, a rise of 61.79%, while the average circulating shares per person decreased by 12.06% [2] - For the period from January to September 2025, the company achieved operating revenue of 323 million yuan, representing a year-on-year growth of 17.45%, while the net profit attributable to the parent company was a loss of 3.7909 million yuan, but this reflects a year-on-year improvement of 61.05% [2] Group 3 - Since its A-share listing, Jingyuan Environmental Protection has distributed a total of 127 million yuan in dividends, with 40.7407 million yuan distributed over the past three years [3]

Core Insights - The article discusses the significance of electroplating wastewater treatment equipment in addressing the environmental challenges posed by toxic wastewater containing heavy metals and cyanides generated by the electroplating industry [1][4]. Industry Overview - Electroplating wastewater treatment equipment is specialized environmental protection equipment designed to remove pollutants and recover resources through physical, chemical, and biological technologies [2][3]. - In 2024, the wastewater generated by China's electroplating industry is projected to reach 469 million tons, with an expected increase to 489 million tons in 2025 [3][4]. Investment Trends - The investment scale for electroplating wastewater treatment equipment in China is estimated to be 1.3 billion yuan in 2024, an increase of 64 million yuan from 2023, with a projected investment of approximately 1.153 billion yuan in 2025 [4][6]. Industry Chain - The upstream of the electroplating wastewater treatment equipment industry includes raw materials such as metal and non-metal materials, core components, consumables, and chemical agents. The midstream involves the production and system integration of treatment equipment, while the downstream applications include large electroplating factories, small electroplating workshops, and wastewater treatment plants [4][5]. Technological Innovation - The tightening of national environmental policies has led to a focus on technological innovation in electroplating wastewater treatment equipment, with a total of 120 patent applications filed from 2016 to October 2025 [6][7]. Competitive Landscape - The production of electroplating wastewater treatment equipment is primarily dominated by small-scale private enterprises, with a scarcity of companies capable of providing complete sets of equipment. Joint ventures utilizing foreign technology hold a significant share of the high-end equipment market [8]. - Major companies in the industry include Anhui Shuiyun Environmental Protection Co., Ltd., New Dayu Environmental Technology (Guangdong) Group Co., Ltd., and Jiangxi Jindalai Environmental Protection Co., Ltd. [8]. Market Trends - The electroplating industry generates complex wastewater containing a high concentration of heavy metals, making treatment more challenging than ordinary industrial wastewater. Current mainstream treatment methods include iron chip electrolysis and evaporation concentration processes, with a shift towards automation and intelligent systems for improved precision and efficiency [9].

Core Viewpoint - Jingyuan Environmental Protection (SH 688096) announced the convening of its fourth board meeting on October 30, 2025, to review the proposal for the "2025 Q3 Report" [1] Company Summary - For the year 2024, Jingyuan Environmental Protection's revenue composition is as follows: electricity accounts for 79.36%, municipal services for 6.83%, steel for 5.51%, other industries for 2.8%, and the internet for 2.74% [1] - As of the report date, Jingyuan Environmental Protection has a market capitalization of 1.9 billion yuan [1]