Core Insights - The article highlights the innovative practices in water resource management by Jinko Environment, showcasing two significant projects in Wuxi that emphasize sustainable industrial water use and advanced technology integration [2][3]. Group 1: Project Overview - The Wuxi Xishan Zhonghe High-Quality Reclaimed Water Plant has a daily processing capacity of 20,000 tons, utilizing a dual membrane process of ultrafiltration and reverse osmosis to convert industrial wastewater into high-quality reclaimed water suitable for PCB electronics and thermal power industries [2]. - The Wuxi Longting New Water Island 2.0 project, occupying only 300 square meters, achieves a stable daily output of 5,000 tons of high-quality reclaimed water, demonstrating a rapid construction timeline of just 15 days from vacant land to operational status [3]. Group 2: Business Model and Innovation - Jinko Environment has developed a closed-loop business model that integrates investment, operation management, and product sales, allowing reclaimed water to be supplied directly to industrial parks, thereby reducing water costs for enterprises and generating stable revenue [2]. - The New Water Island 2.0 project exemplifies industrial transformation by adopting a modular construction approach and an AI-driven operational management system, resulting in a 90% reduction in construction time, space, and operational personnel, along with a 50% decrease in lifecycle costs [3]. Group 3: Industry Impact and Recognition - The projects are recognized for their potential to serve as replicable models for sustainable industrial water use, aligning with national strategies for efficient water resource utilization and supporting industrial upgrades and environmental capacity release [3]. - The president of the China Industrial Energy Conservation and Clean Production Association commended the innovative practices of Jinko Environment, emphasizing the integration of technological innovation and business model reconstruction in addressing industrial water challenges [3].

Core Insights - The article highlights the innovative practices in water resource management by Jinko Environment, showcasing their projects in Wuxi that focus on high-quality recycled water production and sustainable business models [1][2]. Group 1: Project Overview - The Wuxi Xishan Zhonghe Recycled Water Plant has a daily processing capacity of 20,000 tons, utilizing a dual membrane process of ultrafiltration and reverse osmosis to convert industrial wastewater into high-quality recycled water suitable for PCB electronics and thermal power industries [1]. - The Wuxi Longting New Water Island 2.0 project, covering only 300 square meters, can produce an average of 5,000 tons of high-quality recycled water daily, demonstrating a significant industrial transformation in water plant construction [2]. Group 2: Business Model and Innovation - Jinko Environment has developed a closed-loop business model that integrates investment, operation management, and product sales, allowing recycled water to be supplied directly to industrial parks, thus reducing water costs for enterprises and generating stable revenue [1]. - The New Water Island 2.0 project features a prefabricated core module and rapid on-site assembly, achieving a 90% reduction in construction time, space, and operational personnel, along with a 50% decrease in lifecycle costs compared to traditional water treatment plants [2]. Group 3: Industry Impact and Recognition - The projects exemplify a successful integration of technological innovation and business model restructuring, addressing the challenges of high water costs and wastewater management for enterprises, while supporting regional environmental capacity and industrial upgrades [2]. - The president of the China Industrial Energy Conservation and Clean Production Association praised Jinko Environment's innovative practices, indicating that these projects align with national strategies for efficient water resource utilization and will be promoted as advanced experiences in industrial green development [2].

Core Insights - The recent inspection of the Wuxi Xishan Zhonghe High-Quality Reclaimed Water Plant and Wuxi Longting New Water Island 2.0 project highlights innovative business models and technological breakthroughs in wastewater resource utilization by Jinko Environment [1][2] Group 1: Project Overview - The Wuxi Xishan Zhonghe Water Plant, established in 2021, has a daily processing capacity of 20,000 tons, utilizing a dual membrane core process of "ultrafiltration + reverse osmosis" to convert industrial wastewater into high-quality reclaimed water for sectors like PCB electronics and thermal power [1] - The Longting New Water Island 2.0 project, covering only 300 square meters, achieves a stable daily output of 5,000 tons of high-quality reclaimed water, showcasing a significant industrial transformation by enabling rapid construction akin to automobile manufacturing [2] Group 2: Business Model and Innovation - Jinko Environment has developed a closed-loop business model that integrates investment, operation management, and product sales, allowing reclaimed water to be supplied directly to industrial parks, reducing water costs for enterprises and generating stable revenue [1] - The New Water Island 2.0 project employs a prefabricated core module and rapid on-site assembly, achieving a 90% reduction in construction time, area, and operational personnel, along with a 50% decrease in lifecycle costs, thus revolutionizing traditional water project execution [2] Group 3: Industry Impact and Recognition - The innovative practices of Jinko Environment in these projects exemplify the path of industrial water conservation through "technological innovation + model reconstruction," addressing the challenges of high water costs and wastewater management while supporting regional environmental capacity and industrial upgrades [2] - The association plans to actively promote these advanced experiences to contribute to the green and high-quality development of the industrial sector [2]

证券代码：688466 证券简称：金科环境 公告编号：2025-044 金科环境股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日在上 海证券交易所网站（www.sse.com.cn）披露公司《2025 年第三季度报告》。为加 强与投资者的沟通交流，使投资者更加全面、深入地了解公司 2025 年第三季度 经营成果、财务情况，公司计划于 2025 年 11 月 19 日（星期三）10:00-11:00 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。 重点内容提示： 一、业绩说明会类型 金科环境股份有限公司 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。 会议召开时间：2025 年 11 月 19 日（星期三）10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 " 上 证 路 演 中 心 " （http://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络文字互动方式 投资者可于 20 ...

证券代码：688466 证券简称：金科环境 公告编号：2025-043 金科环境股份有限公司 关于使用部分暂时闲置募集资金及自有资金进行 现金管理的公告 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： 金科环境股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第 三届董事会第十三次会议和第三届监事会第九次会议，审议通过了《关于使用部 分暂时闲置募集资金及自有资金进行现金管理的议案》，同意公司及子公司在确 保不影响募集资金投资项目建设、不影响主营业务发展、满足公司日常生产经营 和研发的资金需求、保证资金安全的前提下，使用额度不超过 1 亿元（含本数） 的暂时闲置募集资金及额度不超过 4 亿元（含本数）的暂时闲置自有资金进行现 金管理。在上述额度范围内，资金可以循环滚动使用，使用期限自董事会审议通 过之日起 12 个月内有效。 一、募集资金基本情况 经中国证券监督管理委员会《关于同意金科环境股份有限公司首次公开发行 股票注册的批复》（证监许可[2020]581号）核准，公司采用公开募集资金 ...

证券代码：688466 证券简称：金科环境 公告编号：2025-042 金科环境股份有限公司 第三届监事会第九次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 1、公司 2025 年第三季度报告 公司监事会认为：公司《2025 年第三季度报告》的编制和审议程序符合相 关法律法规及《公司章程》等内部规章制度的规定；内容与格式符合相关规定， 公允地反映了公司 2025 年第三季度的财务状况和经营成果等事项；公司《2025 年第三季度报告》所披露的信息真实、准确、完整，不存在虚假记载、误导性陈 述或重大遗漏；编制过程中，未发现公司参与报告编制和审议的人员有违反保密 规定的行为。 表决结果：同意 3 票，反对 0 票，弃权 0 票。同意票数占有效表决票的 100%。 具体内容详见同日披露于上海证券交易所网站（www.sse.com.cn）的《金科 环境：2025 年第三季度报告》。 2、关于使用部分暂时闲置募集资金及自有资金进行现金管理的议案 监事会认为：公司及子公司本次使用最高额不超过 1 ...

招商证券股份有限公司关于金科环境股份有限公司使用部 分暂时闲置募集资金进行现金管理的核查意见 招商证券股份有限公司（以下简称"招商证券"或"保荐机构"）作为金科环境 股份有限公司（以下简称"金科环境"或"公司"）首次公开发行股票并在科创板上 市的保荐机构，根据《上市公司募集资金监管规则》《上海证券交易所科创板股 票上市规则》《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运 作》等有关规定，对金科环境及子公司拟使用部分暂时闲置募集资金进行现金管 理的事项进行了认真、审慎的核查，核查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意金科环境股份有限公司首次公开发行 股票注册的批复》（证监许可[2020]581 号）核准，公司采用公开募集资金方式 发行人民币普通股（A 股）2,569 万股，发行价格为每股 24.61 元，募集资金总额 为人民币 632,230,900.00 元，扣除承销费、保荐费等发行费用 66,172,129.17 元 后，公司实际募集资金净额为人民币 566,058,770.83 元。上述资金到位情况已经 大信会计师事务所（特殊普通合伙）验证，并出具了大信验字[ ...

金科环境股份有限公司 2025 年第三季度报告 证券代码：688466 证券简称：金科环境 金科环境股份有限公司 2025 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比上 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 年同期增减变 | 年初至报告期末 | 比上年同期增减 | | | | 动幅度(%) | | 变动幅度(%) | | 营业收入 | 117,695,627.10 | -20.86 | 394,561,285.36 | 0.30 | | ...

Core Insights - The conference themed "Digital Intelligence New Engine, Leading New Journey" highlighted the importance of management innovation and digital transformation in the petrochemical industry, focusing on sustainable development paths during the 14th Five-Year Plan period [1] Group 1: Company Achievements - Jinko Environment was recognized in the "Top 500 Petrochemical and Chemical Enterprises by Sales Revenue in 2025," reflecting its growing influence and competitiveness in the industrial environmental protection sector [1][4] - The company showcased its innovative "New Water Island" intelligent water treatment unit, which provides integrated green and energy-saving solutions for industrial water treatment and resource utilization [1][2] Group 2: Industry Trends - The petrochemical industry is undergoing a critical transformation, with efficient water resource utilization and pollution reduction becoming central to sustainable development [1][4] - The "New Water Island" product is standardized, modular, and movable, significantly reducing construction time and land use by 90%, making it adaptable for various scenarios in petrochemical enterprises [2] Group 3: Strategic Vision - Jinko Environment's strategic shift from a "customized + heavy asset" model to "engineering productization" aims to enhance efficiency and transparency in water system management [3] - The company plans to continue its focus on resource utilization, AI digitalization, and productization to reshape industrial water treatment and support the green transformation of the industry [4]

Investment Rating - Maintain "Buy" rating for the environmental protection industry [1] Core Views - The Fourth Plenary Session emphasizes integrating green development into the modern industrial system, accelerating market-oriented resource allocation, and addressing local government debt as a key task for the 14th Five-Year Plan [9][10] - The report highlights significant growth in the environmental sector, particularly in clean energy, recycling resources, and waste management, driven by policy support and market reforms [12][14] Policy Tracking - The Fourth Plenary Session outlines the importance of green transformation as a systemic project across economic and social development, with specific measures to achieve carbon peak and neutrality goals [9][10] - Key initiatives include accelerating the construction of a dual control system for carbon emissions, promoting green low-carbon energy transformation, and enhancing the circular economy [10][11] Industry Trends - The environmental protection sector is witnessing a surge in new energy sanitation vehicle sales, with a year-on-year increase of 63.18% and a penetration rate rise of 6.29 percentage points to 17.40% [6][9] - The report notes improvements in the profitability of biodiesel production, with stable prices for waste cooking oil and rising net profits [12][14] Investment Recommendations - Focus on clean energy operations, particularly in green electricity and green hydrogen, with specific companies recommended for investment [12][14] - In the recycling sector, companies involved in biofuels and recycled plastics are highlighted as key investment opportunities [12][14] - The report suggests that market-oriented pricing reforms in waste and water management will enhance cash flow stability and profitability for companies in these sectors [13][14] Company Tracking - Longjing Environmental plans to raise 2 billion yuan through a private placement to enhance its capital structure and support growth in green electricity and energy storage [12][14] - The report indicates that companies in the solid waste sector are experiencing improved cash flow and dividend payouts, with notable increases in free cash flow and dividend ratios [19][20]