路德生物环保科技股份有限公司 证券代码：688156 证券简称：路德环境 公告编号：2025-036 路德生物环保科技股份有限公司 关于全资子公司增资扩股引入投资者的公告 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： 路德生物环保科技股份有限公司（以下简称"公司"或"路德环境"）全资子公司 路德生物环保技术（亳州）有限公司（以下简称"亳州路德"）拟实施增资扩股并引入投资 者，亳州市科转投资基金合伙企业（有限合伙）（以下简称"亳州科投基金"）现金出资 2,000 万元人民币认购亳州路德新增注册资本 2,000 万元；亳州市生命健康产业基金合伙企 业（有限合伙）（以下简称"亳州生命健康基金"）现金出资 1,000 万元人民币认购亳州路 德新增注册资本 1,000 万元，公司就本次增资事项放弃优先认购权。 本次增资完毕后，亳州路德注册资本增加至 11,000 万元，亳州科投基金持有亳州 路德 18.18%股权，亳州生命健康基金持有亳州路德 9.09%股权，公司持有亳州路德 72.73% 股权，亳州路德仍为公司合 ...

路德生物环保科技股份有限公司 证券代码：688156 证券简称：路德环境 公告编号：2025-037 路德生物环保科技股份有限公司 第五届董事会第三次会议决议公告 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。 表决结果：同意 7 票，反对 0 票，弃权 0 票。 特此公告。 路德生物环保科技股份有限公司董事会 2025 年 9 月 16 日 路德生物环保科技股份有限公司（以下简称"公司"）第五届董事会第三次会议于 2025 年 9 月 15 日以通讯方式召开，本次会议通知已于 2025 年 9 月 11 日以电子邮件的方式发出。 本次会议应出席董事 7 名，实到 7 名，本次会议由董事长季光明先生主持。会议的召集、召开 和表决情况符合《中华人民共和国公司法》（以下简称"《公司法》"）等有关法律、法规及 《路德生物环保科技股份有限公司章程》（以下简称"公司章程"）的规定，形成的决议合法、 有效。 二、董事会会议审议情况 参会董事审议并以投票表决方式通过了下列议案： （一）审议通过《关于全资子公司增资扩股引入投资者的议案》 ...

Core Viewpoint - The company is enhancing its capital strength and supporting the development of its liquor waste biological fermentation feed business through a capital increase by introducing new shareholders [1] Group 1: Capital Increase Details - The wholly-owned subsidiary, Bozhou Lude, plans to increase its registered capital from 80 million RMB to 110 million RMB [1] - Bozhou Keti Fund will contribute 20 million RMB, acquiring an 18.18% stake, while Bozhou Life Health Fund will invest 10 million RMB for a 9.09% stake [1] - The company will hold a 72.73% stake in Bozhou Lude post-capital increase, which will remain a subsidiary within the consolidated financial statements of the company [1]

Core Viewpoint - The company is enhancing its capital strength and supporting the development of its liquor waste biological fermentation feed business through a capital increase by introducing new shareholders [1] Group 1: Capital Increase Details - The wholly-owned subsidiary, Bozhou Lude, plans to increase its registered capital from 80 million RMB to 110 million RMB [1] - Bozhou Keti Fund will contribute 20 million RMB, acquiring an 18.18% stake, while Bozhou Life Health Fund will contribute 10 million RMB for a 9.09% stake [1] - The company will hold a 72.73% stake in Bozhou Lude after the capital increase, which will remain a subsidiary within the company's consolidated financial statements [1]

Core Insights - The company, LuDe Environment, announced that its wholly-owned subsidiary, Bozhou LuDe, plans to implement a capital increase and introduce new investors [1] Group 1: Capital Increase Details - Bozhou LuDe will increase its registered capital by 3 million yuan, with Bozhou Science and Technology Investment Fund contributing 2 million yuan for an 18.18% stake and Bozhou Life and Health Industry Fund contributing 1 million yuan for a 9.09% stake [1] - After the capital increase, the company will hold 72.73% of Bozhou LuDe's equity [1] Group 2: Strategic Implications - The capital increase is expected to enhance Bozhou LuDe's operating funds and improve its asset-liability structure [1] - The company aims to deepen cooperation with Anhui Gujing Distillery and local liquor enterprises regarding distiller's grains and expand into the beef cattle breeding market in the Central Plains region [1]

Market Overview - The feed sector increased by 2.52% on September 15, with Aonong Biological leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Key Stocks Performance - Aonong Biological (603363) closed at 6.04, up 10.02% with a trading volume of 1.5461 million shares and a transaction value of 908 million yuan [1] - Tiankang Biological (002100) closed at 8.05, up 8.20% with a trading volume of 1.4636 million shares and a transaction value of 1.158 billion yuan [1] - Haida Group (002311) closed at 67.35, up 3.62% with a trading volume of 79,700 shares and a transaction value of 534 million yuan [1] - Other notable stocks include Quanjinong (002548) up 3.33%, Zhenghong Technology (000702) up 2.01%, and Tangrenshen (002567) up 1.80% [1] Capital Flow Analysis - The feed sector saw a net inflow of 116 million yuan from institutional investors, while retail investors experienced a net outflow of 47.8 million yuan [2] - Aonong Biological had a significant net inflow of 204 million yuan from institutional investors, representing 22.44% of its trading volume [3] - Tiankang Biological and Zhenghong Technology also saw net inflows from institutional investors, although retail investors showed net outflows [3]

Market Overview - The feed sector experienced a decline of 0.53% on September 12, with Petty Holdings leading the drop [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Individual Stock Performance - Aonong Biological (603363) saw a significant increase of 4.01%, closing at 5.45, with a trading volume of 1.52 million shares and a turnover of 820 million yuan [1] - Jin Xin Nong (002548) rose by 3.64%, closing at 5.13, with a trading volume of 1.25 million shares and a turnover of 653 million yuan [1] - Petty Holdings (300673) declined by 2.52%, closing at 18.57, with a trading volume of 56,500 shares and a turnover of 106 million yuan [2] Capital Flow Analysis - The feed sector experienced a net outflow of 231 million yuan from institutional investors, while retail investors saw a net inflow of 140 million yuan [2] - Aonong Biological had a net outflow of 37.79 million yuan from institutional investors, while retail investors contributed a net inflow of 4.36 million yuan [3] - Jin Xin Nong had a net inflow of 11.78 million yuan from institutional investors, but a net outflow of 25.86 million yuan from retail investors [3]

Core Viewpoint - The financial performance of Lude Environment (688156.SH) in the first half of 2025 shows a slight increase in revenue but significant losses in net profit compared to the previous year [1][2]. Financial Performance Summary - Revenue for the first half of 2025 reached 147 million yuan, representing a year-on-year growth of 1.08% [1][2]. - The net profit attributable to shareholders was -13.07 million yuan, a decline from a profit of 1.50 million yuan in the same period last year, marking a decrease of 969.04% [1][2]. - The net profit after deducting non-recurring gains and losses was -14.30 million yuan, compared to a profit of 0.25 million yuan in the previous year, reflecting a decrease of 5,769.09% [1][2]. - The net cash flow from operating activities was 11.76 million yuan, down 47.49% from 22.40 million yuan in the same period last year [1][2]. Previous Year Comparison - In 2024, the company reported a revenue of 27.76 million yuan, a decrease of 20.92% from 35.11 million yuan in 2023 [3]. - The net profit attributable to shareholders for 2024 was -56.55 million yuan, a significant drop from a profit of 26.97 million yuan in 2023, indicating a decline of 309.69% [3]. - The net profit after excluding non-recurring items was -59.67 million yuan, compared to a profit of 20.46 million yuan in the previous year, showing a decrease of 391.6% [3]. - The net cash flow from operating activities improved to 53.45 million yuan from -19.13 million yuan in 2023, representing a 379.41% increase [3]. Fundraising and Financial Activities - Lude Environment raised a total of 365 million yuan through its initial public offering, with a net amount of 324 million yuan after deducting issuance costs [4]. - The company planned to raise 350 million yuan, allocating 150 million yuan for upgrading its technology research and development center and 200 million yuan for information technology projects [4]. - In 2022, the company raised 113.18 million yuan through a private placement, with a net amount of 109.03 million yuan after deducting issuance costs [5][6].

Core Viewpoint - As of September 3, a total of 129 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Longest Net Inflows - The stocks with the longest consecutive net inflows are Meishuo Technology and China Steel International, both having recorded net inflows for 16 consecutive trading days [1] - Other stocks with significant consecutive net inflows include Yanjinpuzi, Sanwei Co., Eastern Airlines Logistics, Lante Optics, Lude Environment, Hualan Biological Engineering, Yunnan Energy Investment, and Information Development [1]

Group 1 - The company is engaged in the treatment and utilization of high-water-content waste, focusing on organic waste fermentation and solidification technology, which has been successfully applied in various industries [6][14][15] - The company has established a strong technical and operational model in the resource utilization of food and beverage processing by-products and inorganic waste [12][16] - The company has signed long-term supply agreements with major liquor enterprises, ensuring a stable supply of raw materials [17] Group 2 - The company's revenue from the biological feed business accounted for 74.68% of total revenue in the first half of 2025, indicating significant growth in this segment [10] - The company has expanded its production capacity from 50,000 tons/year to 470,000 tons/year, with further increases expected in the coming years [8][10] - The company has faced challenges in maintaining stable supply to large clients due to rapid capacity expansion and market development [8][10] Group 3 - The company has a robust research and development framework, with R&D expenditures amounting to 727.46 million yuan, representing 4.95% of revenue [12][7] - The company has applied for 5 new patents and received 19 authorized patents during the reporting period, enhancing its intellectual property portfolio [12][7] - The company collaborates with renowned universities and research institutions to drive technological innovation [16][19] Group 4 - The company has experienced a decline in gross profit margin due to price adjustments in response to market conditions and increased operational costs [12][13] - The company reported a net profit attributable to shareholders of -1,307.38 million yuan in the first half of 2025, reflecting a significant decrease compared to the previous year [12][11] - The company has implemented measures to improve accounts receivable management, reducing credit impairment losses significantly [13][11] Group 5 - The company has established a comprehensive business model for the utilization of white liquor waste, which has become its main product line [18][17] - The company has developed a strong market presence, with its products being supplied to major feed processing enterprises across the country [18][17] - The company has received recognition as a national "specialized, refined, distinctive, and innovative" small giant enterprise, enhancing its brand image [16][19]