证券代码：688659 证券简称：元琛科技 公告编号：2026-001 一、本次诉讼基本情况 公司就与广德东威科技有限公司（以下简称"东威公司"）因买卖合同纠纷 向安徽省广德市人民法院提起诉讼，具体内容详见公司于 2025 年 1 月 25 日披露 于上海证券交易所网站（http://www.sse.com.cn）的《安徽元琛环保科技股份 有限公司关于公司提起诉讼的公告》（公告编号：2025-006）。安徽省广德市人 民法院对公司提起的前述诉讼立案受理后，东威公司向安徽省广德市人民法院提 交了《民事反诉状》提起反诉。具体内容详见公司于 2025 年 4 月 12 日披露于上 海证券交易所网站（http://www.sse.com.cn）的《安徽元琛环保科技股份有限 公司关于公司诉讼进展的公告》（公告编号：2025-010）。一审判决结果具体内 容 详 见 公 司 于 2025 年 8 月 21 日 披 露 于 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）的《安徽元琛环保科技股份有限公司关于公司诉讼 进展的公告》（公告编号：2025-026）。 二、诉讼的进展情况 安徽元琛 ...

Core Insights - The environmental protection industry is transitioning from rapid growth to stock competition, highlighting the transformation challenges faced by high-pollution and high-energy-consuming enterprises [1][2] - The chairman of Yuancheng Technology, Xu Hui, emphasizes the need to accurately identify pain points and integrate AI into the entire industrial operation chain to resolve the conflict between energy efficiency and emissions reduction [3][4] Industry Transition - The industry is experiencing a shift from blind pursuit of trends to a focus on core areas such as energy, materials, safety, and environmental protection, leading to deep innovation in the industrial chain [2][4] - AI technology is seen as a key driver for building a new energy system, with early adoption being crucial for seizing opportunities during industry transformation [2][3] AI Integration - Yuancheng Technology aims to break the zero-sum game between environmental protection and economic benefits by integrating AI throughout the industrial operation chain, enabling real-time perception, system prediction, dynamic optimization, and self-learning iteration [3][4] - The company has developed the AI Smart Environmental Island 2.0, which enhances the entire process from monitoring to governance, achieving significant breakthroughs in control precision and adaptability to complex working conditions [4][5] Practical Applications - A case study from a customer in Tangshan shows that the implementation of the AI system led to a reduction of over 7% in ammonia water usage during denitrification, a 5% savings in calcium hydroxide during desulfurization, and a daily electricity savings of 2878 kWh, resulting in a 30% reduction in comprehensive governance costs [5][6] - The AI system also incorporates carbon asset management, generating a "carbon efficiency heat map" to help enterprises identify emission reduction potential [5][6] Collaborative Ecosystem - Xu Hui believes that the transformation of "dual high" enterprises through AI requires collaboration across the industrial chain and integration of research, education, and industry [7] - Yuancheng Technology has established partnerships with universities to foster innovation and maintain a competitive edge in environmental technology [7][8] - The company advocates for a global strategy focused on "technology going abroad" rather than "heavy asset investment," aiming to mitigate traditional risks associated with overseas investments [7][8]

Core Insights - The environmental protection industry is transitioning from rapid growth to stock competition, highlighting the transformation challenges faced by high-pollution and high-energy-consuming enterprises [1][2] - The chairman of Yuancheng Technology emphasizes the need to integrate AI into the entire industrial operation chain to address the dual challenges of energy efficiency and emissions reduction [3][4] Industry Transition - The industry is experiencing a shift from following trends to deeply exploring core areas, with Yuancheng Technology focusing on energy, materials, safety, and environmental protection [2][4] - AI technology is viewed as a key driver for building a new energy system, and early investment in AI applications is crucial for seizing opportunities during industry transformation [2][3] AI Integration - Yuancheng Technology has developed an AI Smart Environmental Island ecosystem that covers the entire chain from monitoring to analysis, optimization, and governance [4][5] - The AI Smart Environmental Island 2.0 has achieved significant upgrades, enhancing control precision and breaking through adaptation challenges in complex working conditions [4][5] Practical Applications - A case study from a customer in Tangshan shows that the implementation of the AI system led to a reduction of over 7% in ammonia water usage and a 30% decrease in comprehensive governance costs [5] - The system also incorporates carbon asset management, generating a "carbon efficiency heat map" to help enterprises identify emission reduction potential [5][6] Collaborative Ecosystem - The transformation of high-pollution and high-energy-consuming enterprises requires collaboration across the industrial chain and integration of research, education, and industry [6][7] - Yuancheng Technology's approach includes a research framework that collaborates with universities to foster innovation and maintain a competitive edge in technology [6][7] Global Strategy - The company advocates for a "technology going global" strategy rather than a "heavy asset going global" approach, focusing on software and talent export to mitigate traditional investment risks [7] - This strategy aims to establish a clear path for international development while ensuring robust intellectual property management and participation in international standards [7]

Core Insights - The article discusses the importance of "strengthening, extending, and supplementing" industrial chains to drive innovation and elevate capabilities in Anhui's high-quality development phase [1][4] - The 2025 Science and Technology Investment Conference highlighted the challenges and opportunities faced by companies in a complex economic environment, emphasizing the need for deep collaboration and long-term investment to build a sustainable competitive industrial ecosystem [1] Group 1: Industry Challenges and Strategies - Companies are experiencing pressure from a shift from rapid growth to stock competition, with a need to accurately identify market pain points and innovate within the industrial chain [1][2] - Yuanchen Technology's chairman emphasized the importance of moving from being a "follower" to a "pain point solver," focusing on deep innovation in energy, materials, safety, and environmental protection [1] - The president of Zhongke Xingtu provided a successful example of industrial chain development in Hefei, showcasing the establishment of industry task forces to attract upstream and downstream enterprises [2] Group 2: Issues in Industrial Chain Development - Key issues identified include the presence of "bottleneck" links, the need for closer collaboration between chain leaders and upstream/downstream enterprises, and the scarcity of interdisciplinary high-end talent [2][3] - The chairman of Hualitai stressed that extending and supplementing the chain must be based on real market supply and demand to avoid overheating investments and low capacity utilization [2] Group 3: Solutions and Collaborative Approaches - Entrepreneurs suggested various strategies to address challenges, including "technology going abroad" rather than "heavy asset investment," focusing on software and talent export to mitigate traditional overseas investment risks [2][3] - The integration of industry and education was highlighted as a model to address talent shortages, with companies collaborating with universities to align industry needs with academic training [3] - Financial institutions are encouraged to adopt a tailored approach for companies that have upgraded equipment and possess global cost advantages, providing support to growth-oriented enterprises [3][4] Group 4: The Role of Government and Financial Support - The article emphasizes the necessity of clear guidance and strong support from local governments in the top-level design of industrial chains [4] - A collaborative environment with patient capital and industrial wisdom is essential for transforming "strengthening, extending, and supplementing" into a powerful engine for Anhui's high-quality development [4]

Group 1 - The core point of the news is that Yuanchen Technology's stock price dropped by 5.04% to 10.55 CNY per share, with a total market capitalization of 1.688 billion CNY as of the report date [1] - Yuanchen Technology, established on May 16, 2005, and listed on March 31, 2021, specializes in the research, production, sales, and service of filtration materials and flue gas purification environmental products [1] - The main revenue composition of Yuanchen Technology includes 67.95% from denitration catalysts, 30.82% from filter bags, and 1.23% from other sources [1] Group 2 - Among the top circulating shareholders of Yuanchen Technology, Huaxia Fund's Huaxia Pantai Mixed (LOF) A (160323) entered the top ten in the third quarter, holding 840,800 shares, which is 0.53% of the circulating shares [2] - The estimated floating loss for Huaxia Pantai Mixed (LOF) A today is approximately 470,800 CNY [2] - Huaxia Pantai Mixed (LOF) A has a total scale of 1.312 billion CNY, with a year-to-date return of 10.48% and a one-year return of 13.72% [2]

Group 1 - The PET copper foil sector experienced a significant decline, with Cuprum Copper Foil dropping nearly 10% [1] - Yinglian Co. saw a decrease of nearly 8%, while several other companies, including Zhongyi Technology, Defu Technology, Longyang Electronics, and Jingjia Co., all fell over 5% [1] - Yuanchen Technology and other firms also followed the downward trend [1]

Core Points - Yuanchen Technology announced the completion of the share registration procedures for the first vesting period of its 2024 restricted stock incentive plan on November 17, 2025 [2] - The number of shares to be vested is 2.315 million shares, which are sourced from the company's repurchased A-share common stock in the secondary market [2]

证券代码：688659 证券简称：元琛科技 公告编号：2025-042 安徽元琛环保科技股份有限公司 关于2024年限制性股票激励计划第一个归属期 归属结果的公告 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： 一、本次限制性股票归属的决策程序及相关信息披露 （一）2024年9月6日，公司召开了第三届董事会第十五次会议，审议通过 了《关于公司<2024年限制性股票激励计划（草案）>及其摘要的议案》等议案。 同日，公司召开了第三届监事会第十二次会议，审议通过了《关于公司<2024年 限制性股票激励计划（草案）>及其摘要的议案》等议案，公司监事会对本次激 励计划的相关事项进行核实并出具了相关核查意见。 （二）2024年9月7日至2024年9月16日，公司对本次激励计划激励对象名单 在公司内部进行了公示。在公示期内，公司监事会未收到任何异议。2024年9月 18日，公司披露了《监事会关于公司2024年限制性股票激励计划授予激励对象 名单的公示情况说明及核查意见》。 （三）2024年9月23日，公司召开2024年第 ...

Core Insights - Yuanchen Technology (688659.SH) reported its Q3 2025 results, revealing that as of October 30, 2025, seven institutional investors held a total of 21.4045 million shares, representing 13.38% of the company's total equity. This marks a decrease of 2.53 percentage points in institutional ownership compared to the previous quarter [1] Institutional Investors - The institutional investors include Anhui Yuanchen Equity Investment Partnership, Anhui High-tech Jintong Anyi Equity Investment Fund, China Construction Bank - Nuoan Multi-strategy Mixed Securities Investment Fund, UBS AG, Industrial and Commercial Bank of China - Huaxia Pantai Mixed Fund (LOF), and Zhongjia Specialized and New Quantitative Stock Selection Mixed Fund [1] - The total institutional ownership decreased by 2.53 percentage points from the last quarter [1] Public Funds - In the current period, two public funds increased their holdings, namely Nuoan Multi-strategy Mixed A and Zhongjia Specialized and New Quantitative Stock Selection Mixed Fund, with an increase ratio of 1.16% [2] - Conversely, two public funds reduced their holdings, including Huashang Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A and Huaxia Pantai Mixed (LOF) A, with a decrease ratio of 0.67% [2] - A total of 63 public funds did not disclose their holdings in this period, including several Huaxia funds [2] Foreign Investment - One new foreign institutional investor disclosed its holdings in this period, which is UBS AG [2]

Core Viewpoint - Yuanchen Technology is a leading enterprise in the domestic environmental filtration materials and flue gas purification products sector, with strong R&D capabilities and a complete industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Yuanchen Technology achieved revenue of 514 million yuan, ranking 55th among 79 companies in the industry [2] - The revenue composition includes 239 million yuan from denitration catalysts (67.95%), 108 million yuan from filter bags (30.82%), and 4.34 million yuan from other products (1.23%) [2] - The net profit for the same period was 5.47 million yuan, placing the company 57th in the industry [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 58.80%, higher than the previous year's 57.72% and the industry average of 34.74%, indicating relatively high debt pressure [3] - The gross profit margin for Q3 2025 was 27.91%, slightly up from 27.39% year-on-year and above the industry average of 19.93%, reflecting a competitive advantage in profitability [3] Group 3: Executive Compensation - The chairman, Xu Hui, received a salary of 2.375 million yuan in 2024, an increase of 1.1105 million yuan from 2023 [4] - The general manager, Liang Yan, earned 2.205 million yuan in 2024, up by 1.0485 million yuan compared to the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 17.66% to 7,217 [5] - The average number of circulating A-shares held per shareholder decreased by 15.01% to 22,200 shares [5] - New major shareholders include Nuonuo Multi-Strategy Mixed A and Huaxia Pantai Mixed A, while Huaxia CSI 500 Index Enhanced A and Huashang SSE Sci-Tech Innovation Board Comprehensive Index Enhanced A exited the top ten circulating shareholders [5]