Group 1 - The core event involves a block trade of 270,000 shares of Jingyuan Environmental Protection on August 28, with a transaction value of 2.0169 million yuan and a transaction price of 7.47 yuan, representing an 18% discount compared to the closing price of the day [2] - Over the past three months, Jingyuan Environmental Protection has recorded a total of five block trades, amounting to a cumulative transaction value of 32.8569 million yuan [2] - The closing price of Jingyuan Environmental Protection on the day of the report was 9.11 yuan, reflecting a decline of 2.46%, with a daily turnover rate of 4.82% and a total transaction volume of 103 million yuan [2] Group 2 - The net outflow of main funds for Jingyuan Environmental Protection on that day was 12.48 million yuan, with a cumulative decline of 6.08% over the past five days and a total net outflow of 42.0109 million yuan [2] - The latest margin financing balance for Jingyuan Environmental Protection is 96.1488 million yuan, which has increased by 1.4982 million yuan over the past five days, representing a growth rate of 1.58% [2]

Summary of Key Points Core Viewpoint - On August 28, a block trade of 270,000 shares of Jingyuan Environmental Protection was executed at a price of 7.47 yuan, representing a discount of 18% compared to the market closing price of 9.11 yuan, with a total transaction value of 2.0169 million yuan, accounting for 1.92% of the total trading volume for that day [1]. Group 1 - The block trade involved 270,000 shares of Jingyuan Environmental Protection [1]. - The transaction price was 7.47 yuan per share, which is significantly lower than the market closing price [1]. - The total transaction amount was 2.0169 million yuan, making up 1.92% of the total trading volume on that day [1].

| 证券代码：688096 | 证券简称：京源环保 | 公告编号：2025-060 | | --- | --- | --- | | 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 关于参加 2025 年半年度科创板节能环保行业 集体业绩说明会的公告 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 9 月 3 日（星期三）16:00 前将需要了解和关注的问题发送 至江苏京源环保股份有限公司（以下简称"公司"）邮箱 suhaijuan@jsjyep.com。公 司将在说明会上对投资者普遍关注的问题进行回答。 公司已于 2025 年 8 月 23 日在上海证券交易所网站（www.sse.com.cn）披露公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度的 经营成果、财务状况、发展理念，公司将参加由上海证券交易所主办的 2025 年半年 度科创板节能环保行业集体业绩说明会，此次活动将采用网络文字互动的方式举 行 ， ...

Financial Performance - The company reported a total revenue of 210 million yuan, an increase of 39.32 million yuan compared to the same period last year, representing a year-on-year growth of 23.03% [1] - The net profit attributable to shareholders was 2.32 million yuan, an increase of 6.38 million yuan compared to the same period last year [1] - The net cash inflow from operating activities was 5.24 million yuan, an increase of 12.77 million yuan compared to the same period last year, achieving two consecutive years of growth [1] Financial Ratios - The latest debt-to-asset ratio is 51.88%, a decrease of 1.47 percentage points from the previous quarter and a decrease of 5.62 percentage points from the same period last year [3] - The latest gross profit margin is 27.68%, an increase of 0.27 percentage points from the previous quarter and an increase of 0.46 percentage points from the same period last year [3] - The latest return on equity (ROE) is 0.25%, an increase of 0.76 percentage points from the same period last year [3] Earnings and Efficiency - The diluted earnings per share are 0.02 yuan, an increase of 0.05 yuan compared to the same period last year [4] - The total asset turnover ratio is 0.11 times, an increase of 0.02 times compared to the same period last year, representing a year-on-year increase of 24.06% [4] - The inventory turnover ratio is 0.88 times, an increase of 0.24 times compared to the same period last year, representing a year-on-year increase of 37.75% [4] Shareholder Structure - The number of shareholders is 4,161, with the top ten shareholders holding a total of 64.49 million shares, accounting for 38.87% of the total share capital [4] - The largest shareholder is Li Wulin, holding 10.97% of the shares [4]

Core Viewpoint - The recent financial report of Jingyuan Environmental Protection (688096) shows significant growth in revenue and net profit, although there are concerns regarding high accounts receivable and a decline in quarterly net profit [1] Financial Performance Summary - Total revenue for the first half of 2025 reached 210 million yuan, a year-on-year increase of 23.03% [1] - Net profit attributable to shareholders was 2.32 million yuan, up 157.27% from the previous year [1] - The gross profit margin improved to 27.68%, an increase of 1.69% year-on-year [1] - The net profit margin turned positive at 1.64%, a significant increase of 169.6% compared to the previous year [1] - The total of selling, administrative, and financial expenses was 51.55 million yuan, accounting for 24.54% of revenue, down 11.98% year-on-year [1] Accounts Receivable and Cash Flow - Accounts receivable amounted to 736 million yuan, representing 154.62% of the latest annual revenue [1] - The company reported a significant increase in operating cash flow, with a year-on-year growth of 169.65% [6] - The cash flow from operating activities turned positive, attributed to improved collection mechanisms and stable cash flow from the computing power sector [6] Changes in Assets and Liabilities - Prepayments decreased by 31.41% due to supplier deliveries [2] - Investment properties increased by 49.06% as properties were converted from self-use to investment [2] - Long-term deferred expenses rose by 83.18% due to new outsourced R&D costs [2] - The company’s interest-bearing liabilities decreased by 18.24% to 628 million yuan [1] Business Strategy and Future Outlook - The company is focusing on expanding its core business and exploring new areas in industrial water treatment and computing power markets [5] - The management aims to improve performance by addressing issues related to accounts receivable and enhancing operational efficiency [10] - The company is also pushing forward with the "Environmental Protection + AI" initiative to create new growth drivers [10]

Core Viewpoint - Jiangsu Jingyuan Environmental Protection Co., Ltd. is undergoing significant governance changes, including the cancellation of its supervisory board and adjustments to its registered capital and articles of association, aimed at enhancing corporate governance and compliance with updated regulations [3][4][5]. Company Overview - The company has decided to cancel its supervisory board, transferring its responsibilities to the audit committee of the board of directors to improve governance structure [3][4]. - The company will not have a supervisory board or supervisors after the shareholders' meeting approves the changes [4]. Capital Changes - The company has completed the conversion of convertible bonds, with a total of RMB 164,947,000 converted into 18,229,624 shares from April 1, 2024, to July 31, 2025 [5]. - The registered capital has increased from RMB 165,897,988 to RMB 231,341,568 due to a capital reserve conversion, resulting in an increase of 65,443,580 shares [5]. Articles of Association Amendments - The company plans to revise its articles of association to align with the latest legal requirements and its operational needs, including the removal of references to the supervisory board [5][6]. - The revised articles will be submitted for approval at the upcoming shareholders' meeting [6]. Management System Revisions - The company intends to revise several internal governance systems to enhance compliance with updated regulations and improve operational efficiency [7]. - The proposed revisions have been approved by the board and will also require shareholder approval [7].

（文章来源：证券日报） 证券日报网讯 8月22日晚间，京源环保发布公告称，公司第四届董事会第十九次会议审议通过了《关于 的议案》等多项议案。 ...

（文章来源：证券日报） 证券日报网讯 8月22日晚间，京源环保发布公告称，公司第四届监事会第十四次会议审议通过了《关于 的议案》等多项议案。 ...

证券日报网讯 8月22日晚间，京源环保发布公告称，2025年半年度公司实现营业收入210，064，916.94 元，同比增长23.03%；归属于上市公司股东的净利润为2，323，090.42元。 （文章来源：证券日报） ...

京源环保8月22日披露的半年报显示，公司上半年实现营业收入2.1亿元，同比增长23.03%；归属于上市 公司股东的净利润232.31万元，上年同期亏损405.66万元；基本每股收益0.02元。 ...