Company Overview - Meiye Technology (China) Environmental Technology Co., Ltd. is located in Jiangning District, Nanjing, Jiangsu Province, and was established on June 21, 2001. The company went public on November 18, 2022. Its main business involves the research, production, and sales of air purification products and atmospheric environmental governance products [1] - The revenue composition of the company is 88.04% from fan filter units and filters, while other products account for 11.96% [1] Stock Performance - On August 27, Meiye Technology's stock fell by 5%, trading at 49.58 CNY per share, with a transaction volume of 184 million CNY and a turnover rate of 6.98%. The total market capitalization is 6.664 billion CNY [1] Fund Holdings - Huashan Fund has a significant holding in Meiye Technology, with the Huashan Modern Life Mixed Fund (008290) holding 180,000 shares in the second quarter, unchanged from the previous period. This represents 3.46% of the fund's net value, making it the ninth-largest holding [2] - The Huashan Modern Life Mixed Fund was established on April 26, 2020, with a current size of 194 million CNY. Year-to-date returns are 35.13%, ranking 1416 out of 8194 in its category. Over the past year, returns are 62.3%, ranking 1485 out of 7963 [2] - The fund manager, Liu Shusheng, has been in position for 7 years and 89 days, with the best fund return during his tenure being 54.21% and the worst being 43.26% [2]

Group 1 - The core point of the article highlights the financing activities of Meike Technology, which received a financing buy amount of 0.14 billion yuan on August 20, ranking 1255th in the market [1] - Over the last three trading days from August 18 to August 20, Meike Technology had financing buys of 0.31 billion yuan, 0.19 billion yuan, and 0.14 billion yuan respectively [1] Group 2 - In terms of securities lending, there were no shares sold or net sold on the same day, indicating no activity in this area [2]

Core Viewpoint - The company Meiyai (China) Environmental Technology Co., Ltd. is a leading player in the air purification and environmental governance sector, focusing on the development, production, and sales of air purification products and related technologies, particularly in the semiconductor industry [3][7]. Group 1: Company Overview - Meiyai specializes in air purification products, including fan filter units, filters, and air purification equipment, with a revenue composition of 88.04% from fan filter units and filters [7]. - The company was recognized as a national-level "specialized, refined, and innovative" small giant by the end of 2021, establishing itself as a leader in cleanroom equipment for the semiconductor industry [3]. - As of March 31, 2025, Meiyai reported a revenue of 317 million yuan, representing a year-on-year growth of 16.02%, and a net profit of 41.92 million yuan, up 18.45% year-on-year [8][9]. Group 2: Market Position and Products - Meiyai has developed the first domestic 28nm lithography equipment and provides high-efficiency air purification products to major international semiconductor manufacturers like Intel and ST Microelectronics, positioning itself competitively against international brands [2][3]. - The company has long-term supply agreements with SMIC, providing essential air purification products to meet stringent cleanliness standards for advanced semiconductor manufacturing processes [2][3]. Group 3: Financial and Trading Insights - On August 20, the company's stock price fell by 1.01%, with a trading volume of 73.71 million yuan and a market capitalization of 6.705 billion yuan [1]. - The average trading cost of the stock is 45.01 yuan, with the current price near a support level of 48.79 yuan, indicating potential volatility in the near term [6].

据iFind统计，截至8月15日，沪深两市共有163只个股连续5日或5日以上获融资净买入。连续获融资净 买入天数最多的股票是惠城环保，已连续25个交易日获净买入；连续获融资净买入天数较多的还有华曙 高科、景嘉微、凯盛新材、淳中科技、涪陵电力、诺瓦星云、博威合金、振华风光、美埃科技、华仁药 业等股，分别获14个、13个、12个、10个、10个、10个、10个、9个、9个、9个交易日净买入。 （文章来源：证券时报网） ...

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 Meier Technology, indicating a net buying trend in recent trading days [1] - On August 15, Meier Technology had a financing purchase amount of 0.20 billion yuan, ranking 955th in the market, with a financing repayment amount of 0.14 billion yuan, resulting in a net purchase of 6.0244 million yuan [1] - Over the last three trading days (August 13-15), Meier Technology recorded financing purchases of 0.19 billion yuan, 0.29 billion yuan, and 0.20 billion yuan respectively [1] Group 2 - In terms of securities lending, on the same day, there were no shares sold or net sold, indicating no activity in this area for Meier Technology [2]

融券方面，当日融券卖出0.00万股，净卖出0.00万股。 8月13日，沪深两融数据显示，美埃科技获融资买入额0.19亿元，居两市第1028位，当日融资偿还额0.12 亿元，净买入635.86万元。 最近三个交易日，11日-13日，美埃科技分别获融资买入0.11亿元、0.24亿元、0.19亿元。 本文源自金融界 ...

Core Viewpoint - The company, 美埃(中国)环境科技股份有限公司, is positioned as a leading player in the air purification and environmental governance sector, particularly in the semiconductor industry, with significant growth potential due to its technological advancements and market positioning [2][3]. Company Overview - 美埃科技 specializes in the research, production, and sales of air purification products and atmospheric environmental governance products, with a revenue composition of 88.04% from fan filter units and filter products [7]. - The company was established on June 21, 2001, and went public on November 18, 2022, with a current market capitalization of 6.72 billion [1][7]. Technological Advancements - The company has developed the first domestic 28nm lithography equipment and provides high-standard cleanroom environments, which are crucial for semiconductor manufacturing [2]. - It has been a long-term supplier to 中芯国际, providing essential air purification equipment that meets stringent cleanliness requirements for advanced semiconductor processes [3]. Financial Performance - For the first quarter of 2025, the company reported a revenue of 317 million, representing a year-on-year growth of 16.02%, and a net profit of 41.92 million, up by 18.45% [8][9]. - Cumulative cash dividends since the company's A-share listing amount to 80.64 million [9]. Market Position - 美埃科技 has been recognized as a national-level "specialized, refined, and innovative" small giant, indicating its leading position in the domestic semiconductor cleanroom equipment market [2]. - The company is also a qualified supplier for international semiconductor manufacturers such as Intel and ST Microelectronics, enhancing its competitive edge [2].

Group 1 - The core point of the article highlights the financing activities of Meiyetech, indicating a net buying amount of 2.2039 million yuan on August 11, with a total financing purchase of 0.11 billion yuan, ranking 1296th in the market [1] - Over the last three trading days from August 7 to August 11, Meiyetech has seen financing purchases of 0.19 billion yuan, 0.10 billion yuan, and 0.11 billion yuan respectively [1] Group 2 - In terms of securities lending, there were no shares sold or net sold on the same day, indicating a stable position in this aspect [2]

融券方面，当日融券卖出0.00万股，净卖出0.00万股。 本文源自：金融界 作者：智投君 8月5日，沪深两融数据显示，美埃科技获融资买入额0.13亿元，居两市第1058位，当日融资偿还额0.10 亿元，净买入346.03万元。 最近三个交易日，1日-5日，美埃科技分别获融资买入0.08亿元、0.20亿元、0.13亿元。 ...