青岛达能环保设备股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日 召开的第五届董事会第十二次会议和第五届监事会第十次会议，审议通过了《关 于调整 2023 年限制性股票激励计划授予价格的议案》。现将公司《2023 年限制 性股票激励计划（草案）》（以下简称"《激励计划》"或"本激励计划"）授予价 格调整的有关事项公告如下： 一、本激励计划已履行的相关决策程序 （一）2023 年 10 月 31 日，公司召开第四届董事会第二十次会议，审议通 过了《关于公司<2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于 公司<2023 年限制性股票激励计划实施考核管理办法>的议案》《关于提请股东大 会授权董事会办理公司 2023 年限制性股票激励计划相关事宜的议案》等议案。 公司独立董事对相关议案发表了同意的独立意见。 同日，公司召开第四届监事会第十五次会议，审议通过了《关于公司<2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股 票激励计划实施考核管理办法>的议案》和《关于核实公司<2023 年限制性股票 激励计划激励对象名单>的议案》，公司监事会对本激 ...

北京海润天睿律师事务所 调整2023年限制性股票激励计划授予价格的 法律意见书 中国·北京 北京市朝阳区建外大街甲 14 号北京广播大厦 5/9/10/13/17 层，邮政编码：100022 电话（Tel）：86-10-62159696 传真（Fax）：86-10-88381869 二〇二五年七月 关于青岛达能环保设备股份有限公司 | ﻠ | | --- | | l | 、本次调整的批准与授权 | | --- | --- | | i í | 本次调整事项说明 | | 11 Í | 、结论意见 | 法律意见书 北京海润天睿律师事务所 关于青岛达能环保设备股份有限公司 调整 2023 年限制性股票激励计划授予价格的 法律意见书 致：青岛达能环保设备股份有限公司 根据青岛达能环保设备股份有限公司（以下简称"青达环保"或"公司"） 与北京海润天睿律师事务所（以下简称"本所"）签订的法律服务协议，本所接 受公司的委托，担任公司 2023 年限制性股票激励计划（以下简称"激励计划" 或"本次激励计划"）相关事宜的专项法律顾问。 本所根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华 人民共和国证券法》（以下简 ...

证券代码：688501 证券简称：青达环保 公告编号：2025-034 1、审议并通过《关于调整 2023 年限制性股票激励计划授予价格的议案》 监事会认为：公司本次对2023年限制性股票激励计划授予价格的调整符合 《上市公司股权激励管理办法》《2023年限制性股票激励计划（草案）》及其摘 要等法律法规的相关规定，不存在损害公司股东利益的情形。本次调整后，限制 性股票授予价格由9.48元/股调整为9.24元/股。本次调整限制性股票授予价格不 会对公司的财务状况和经营成果产生重大影响，因此，监事会同意公司对2023 年限制性股票激励计划授予价格进行调整。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《青 达环保关于调整 2023 年限制性股票激励计划授予价格的公告》（公告编号： 2025-032）。 表决结果：有效表决票共 3 票，其中同意票为 3 票，反对票为 0 票，弃权票 为 0 票。 特此公告。 青岛达能环保设备股份有限公司 第五届监事会第十次会议决议公告 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 ...

Core Viewpoint - The article highlights the active cash dividend distribution by listed companies in the context of regulatory encouragement, with a total of 3,679 companies proposing distribution plans for the 2024 fiscal year, including cash dividends totaling 1.64 trillion yuan [1][2]. Group 1: Dividend Distribution - A total of 3,674 companies included cash dividends in their 2024 distribution plans, with a cumulative cash payout of 1.64 trillion yuan [1]. - There are 346 companies that included stock transfers in their distribution plans for 2024 [1]. - The article emphasizes two important dates for investors focused on dividends: the ex-dividend date and the record date, with 3,398 companies having already implemented their distribution plans [1]. Group 2: Companies with Dividend Plans - Among the 13 companies with record dates today, 9 companies have a cash dividend of 1 yuan (after tax) or more per 10 shares, with Weike Technology offering the highest at 6.00 yuan per 10 shares [1][2]. - The companies listed for dividend distribution include: - Weike Technology: 6.00 yuan per 10 shares, latest closing price 83.66 yuan, 5-day increase 30.35% [2]. - Zhejiang Medicine: 3.70 yuan per 10 shares, latest closing price 15.51 yuan, 5-day increase 1.31% [2]. - Hangzhou Bank: 2.80 yuan per 10 shares, latest closing price 16.85 yuan, 5-day decrease 2.94% [2].

Investment Rating - The report assigns a "Buy-A" rating to the company, indicating a positive outlook for its stock performance in the coming months [1][7]. Core Insights - The company has achieved international leadership in AI slag removal technology, with continuous high growth in special equipment for thermal power [4][5]. - The recent certification of the intelligent operation and maintenance technology for slag removal equipment enhances the company's innovation and R&D capabilities, supporting its market expansion [6]. - The company expects significant revenue growth in H1 2025, with projected revenue between 900 million to 1.25 billion yuan, reflecting a year-on-year increase of 75.1% to 143.2% [6]. Financial Data and Valuation - The company’s projected earnings per share (EPS) for 2025, 2026, and 2027 are 1.78 yuan, 2.31 yuan, and 2.98 yuan respectively, with corresponding price-to-earnings (P/E) ratios of 15.5, 11.9, and 9.3 [7][10]. - Revenue forecasts for the years 2023 to 2027 are 1.029 billion yuan, 1.314 billion yuan, 1.947 billion yuan, 2.493 billion yuan, and 2.977 billion yuan, with year-on-year growth rates of 35.0%, 27.7%, 48.2%, 28.0%, and 19.4% respectively [10][11]. - The net profit for the same period is projected to be 87 million yuan, 93 million yuan, 219 million yuan, 285 million yuan, and 366 million yuan, with year-on-year growth rates of 48.0%, 7.3%, 135.6%, 29.9%, and 28.8% respectively [10][11].

Core Viewpoint - Qingda Environmental Protection has received a scientific and technological achievement appraisal certificate for its "Intelligent Operation and Maintenance Technology for Ash Discharge Equipment" from the China Electricity Council, indicating that the project has reached an internationally leading level [1] Group 1: Company Developments - The project integrates edge computing and digital twin AI technology to create an intelligent operation and maintenance management platform for ash discharge equipment, addressing various operational management pain points in thermal power plants [1] - The platform aims to achieve "unmanned operation and intelligent management," providing strong technical support for the safe and stable operation of thermal power plants [1] Group 2: Industry Insights - The AI system for ash discharge equipment enables integrated data collection, real-time analysis, and closed-loop control, significantly enhancing operational efficiency, safety, and environmental sustainability while reducing manual intervention [2] - Analysts note that there is substantial potential for intelligent upgrades in auxiliary equipment for power plants, with approximately 4,000 units of ash discharge equipment in need of upgrades across the country, indicating a considerable market size [2]

证券代码：688501 证券简称：青达环保 公告编号：2025-031 三、风险提示 二、对公司影响 本项目致力于通过融合边缘计算与数字孪生的 AI 技术，构建一套具备自感 知、自诊断、自优化能力的输渣设备智能运维管理平台，有效解决火电厂干排渣 系统现有运行管理中的各类痛点问题，达成"无人值守、智慧运营"的先进管理 模式，为火电厂的安全稳定运行与高效精细化管理提供强有力的技术支撑。 青岛达能环保设备股份有限公司 关于自愿披露获得科学技术成果鉴定证书的公告 特此公告。 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。 上述科学技术成果证书的取得是公司重要核心技术的体现和延伸，充分体现 了公司的创新能力和研发实力，有利于提高公司整体的核心竞争力和市场拓展能 力。 青岛达能环保设备股份有限公司（以下简称"公司"）及其控股子公司北京 中工数联科技有限公司于近日收到 1 项由中国电力企业联合会（简称"中电联"， 是 1988 年经国务院批准成立的全国电力行业企事业单位的联合组织，非盈利的 社会经济团体）颁发的"融合边缘计算与数字孪生的 ...

Investment Rating - The report maintains an "Overweight" rating for the industry [4] Core Viewpoints - The issuance of renewable energy power consumption responsibility weights for 2025 mandates green electricity consumption in five major industries, which is expected to alleviate renewable energy consumption issues [3][11] - The assessment scope has expanded to include steel, cement, polysilicon, and data centers, enhancing the focus on energy-intensive industries [3][12] - The provincial assessment targets for renewable energy consumption responsibility weights will range from 24.2% to 70% in 2025, with 19 provinces aiming for over 30% [3][15] Summary by Sections Industry Trends - The electricity and public utilities index rose by 1.60% during the week, outperforming the CSI 300 index by 0.78 percentage points [5][55] - The report highlights that over half of the listed companies in the electricity and public utilities sector experienced stock price increases [55] Key Industry Insights - The coal price has rebounded to 627 CNY/ton [13] - The inflow and outflow of water at the Three Gorges Dam decreased by 17.86% and 24.19% year-on-year, respectively [31] - The price of silicon materials remained stable, while mainstream silicon wafer prices decreased slightly [39] Investment Recommendations - Focus on the electricity sector due to the high temperatures across the country and the upcoming performance period [3] - Recommended stocks include Huaneng International, Jiantou Energy, Huadian International, and Qingda Environmental Protection, which are expected to have resilient quarterly earnings [3] - Emphasis on undervalued green electricity operators, particularly in Hong Kong and wind power sectors, such as Xintian Green Energy and Longyuan Power [3][8]

Group 1: Annual Reports and Dividends - Gujinggong Liquor (000596) reported 2024 revenue of 23.578 billion yuan, up 16.41%, and net profit of 5.517 billion yuan, up 20.22%. The company plans to distribute a cash dividend of 50 yuan per 10 shares, totaling 2.643 billion yuan [2] - Luzhou Laojiao (000568) reported 2024 revenue of 31.196 billion yuan, up 3.19%, and net profit of 13.473 billion yuan, up 1.71%. The company plans to distribute a cash dividend of 45.92 yuan per 10 shares, totaling 6.759 billion yuan [2] - Gree Electric (000651) reported 2024 revenue of 189.164 billion yuan, down 7.26%, and net profit of 32.185 billion yuan, up 10.91%. The company plans to distribute a cash dividend of 20 yuan per 10 shares, totaling 11.17 billion yuan [3] Group 2: Q1 2025 Performance - Gujinggong Liquor reported Q1 2025 revenue of 9.146 billion yuan, up 10.38%, and net profit of 2.330 billion yuan, up 12.78% [2] - Gree Electric reported Q1 2025 revenue of 41.507 billion yuan, up 14.14%, and net profit of 5.904 billion yuan, up 26.29% [3] - National City Mining (000688) reported Q1 2025 revenue of 0.053 billion yuan, up 77.25%, and net profit of 0.0612 billion yuan, up 18279.65% [4] - Taiyuan Iron & Steel (000825) reported Q1 2025 revenue of 23.31 billion yuan, down 4.71%, and net profit of 0.0188 billion yuan, up 5506.92% [4] - Shenfang A (000029) reported Q1 2025 revenue of 0.033 billion yuan, up 457.38%, and net profit of 0.0724 billion yuan, up 3718.51% [4] - Qingda Environmental Protection (688501) reported Q1 2025 revenue of 0.0619 billion yuan, up 317.43%, and net profit of 0.0687 billion yuan, up 990.26% [4] - Tianbao Infrastructure (000965) reported Q1 2025 revenue of 0.0169 billion yuan, down 34.62%, and net profit of 0.01 billion yuan, up 737.29% [4] - Taihe Intelligent (603656) reported Q1 2025 revenue of 0.0105 billion yuan, up 10.19%, and net profit of 0.0002097 billion yuan, up 716.41% [5] - Meg Intelligent (002881) reported Q1 2025 revenue of 0.0997 billion yuan, up 73.57%, and net profit of 0.0463 billion yuan, up 616.02% [5] - Shengda Biological (603079) reported Q1 2025 revenue of 0.0203 billion yuan, up 9.95%, and net profit of 0.0217 billion yuan, up 469.35% [5] - Jincai Interconnection (002530) reported Q1 2025 revenue of 0.0206 billion yuan, down 33%, and net profit of 0.001364 billion yuan, up 466.95% [5] - XinSai Co. (600540) reported Q1 2025 revenue of 1.215 billion yuan, up 312.03%, and net profit of 0.01819 billion yuan, up 315.74% [6]

Investment Rating - The investment rating for the utility sector is "Positive" [2] Core Insights - The report highlights that the renewable energy power consumption responsibility weights for 2025 have been issued, indicating a focus on increasing the use of green electricity in various industries [5] - The LNG import volume in May 2025 decreased by 26.3% year-on-year, while domestic natural gas consumption showed a slight increase of 2.4% [5] - The report suggests that the power sector is expected to see profit improvement and value reassessment due to previous supply-demand tensions [5] Summary by Sections Market Performance - As of July 11, the utility sector rose by 1.1%, outperforming the broader market, with the electricity sector up by 1.10% and the gas sector up by 1.22% [4][12] - Key companies in the electricity sector showed varied performance, with notable increases for companies like Guikuan Electric and Guangdong Electric A [13] Electricity Industry Data Tracking - The price of thermal coal at Qinhuangdao Port (Q5500) increased by 8 CNY/ton week-on-week, reaching 624 CNY/ton [4][21] - Coal inventory at Qinhuangdao Port decreased to 5.6 million tons, down 100,000 tons week-on-week [26] - Daily coal consumption in inland provinces was reported at 3.55 million tons, a decrease of 95,000 tons/day week-on-week [28] Natural Gas Industry Data Tracking - The LNG ex-factory price index in Shanghai was reported at 4,460 CNY/ton, a year-on-year decrease of 1.13% but a week-on-week increase of 1.09% [48] - The European TTF spot price increased by 23.0% year-on-year, reaching 11.86 USD/MMBtu [53] - Domestic natural gas apparent consumption in May 2025 was 36.42 billion cubic meters, a year-on-year increase of 2.4% [5] Industry News - The National Development and Reform Commission and the National Energy Administration issued guidelines for renewable energy consumption responsibilities, emphasizing the use of green electricity in high-energy-consuming industries [5] - The largest medium and shallow coalbed methane field in China has surpassed a cumulative gas production of 20 billion cubic meters [5] Investment Recommendations - The report recommends focusing on national coal power leaders such as Guodian Power, Huaneng International, and Huadian International, as well as regional leaders in tight supply areas [5] - For natural gas, companies with low-cost long-term gas sources and receiving station assets are expected to benefit from market conditions [5]