Core Viewpoint - Tongyuan Environment (688679) has issued a stock trading risk warning, clarifying that recent media reports regarding the transfer of shares to Wang Xiaodong are solely his personal investment actions and unrelated to his employer or family [1] Group 1: Company Operations - The company is not engaged in the optical module industry chain and has no business connections with Wang Xiaodong's employer [1] - Tongyuan Environment is leading the establishment of the "Hefei City All-Scenario Immersion Oil-Based Liquid Cooling Technology Innovation Consortium," which is currently in the preparatory stage and will not invest significantly in the short term [1] - The research and development projects are in the initial verification stage, and the R&D team is still being formed, with the research topics at the application and approval stage [1] Group 2: Financial Outlook - The company expects a net profit loss of 32 million to 42 million yuan for 2025, marking a shift from profit to loss year-on-year [1] - The share transfer by the controlling shareholder will not alter the company's future main business and strategic development direction [1]

安徽省通源环境节能股份有限公司 2025 年年度业绩预亏公告 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。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 1、经财务部门初步测算，安徽省通源环境节能股份有限公司（以下简称"公 司"）预计 2025 年年度业绩出现亏损，实现归属于母公司所有者的净利润 -4,200.00 万元到-3,200.00 万元。 证券代码：688679 证券简称：通源环境 公告编号：2026-003 三、本期业绩变化的主要原因 1、报告期内，公司所处行业市场竞争进一步加剧，营业收入规模下降，项 目毛利率有所降低。 2、报告期内，公司管理费用比上年同期增长，主要原因系公司固定资产折 旧增加。 3、报告期内，公司投资收益比上年同期减少，主要原因系公司参股公司出 现较大亏损。 4、报告期内，公司非经营性损益比上年同期减少，主要原因系公司收到的 政府补助减少。 2、归属于母公司所有者扣除非经常性损益后的净利润-4,400.00 ...

Group 1 - The company's stock price increased by 97.29% from January 12 to January 23, 2026, with a current price-to-earnings ratio of 319.72, significantly higher than the industry average of 29.62, indicating potential speculation risks [1] - The company expects a net loss of 32 million to 42 million yuan for 2025, with a non-recurring loss projected between 34 million to 44 million yuan [1] - The controlling shareholder, Yang Ming, and his associates plan to transfer 13.22 million shares to Wang Xiaodong and others, pending approval [1] Group 2 - The technology innovation consortium led by the company is still in the preparatory stage, with uncertainties regarding research outcomes and industrialization [1]

通源环境公告称，预计2025年年度业绩亏损，归属于母公司所有者的净利润为-4200.00万元到-3200.00 万元，扣非净利润为-4400.00万元到-3400.00万元。上年同期，公司归母净利润为2174.81万元、扣非净 利润为1876.98万元。业绩预亏主要因行业竞争加剧致营收规模下降、毛利率降低，管理费用因折旧增 加而增长，投资收益因参股公司亏损而减少，非经营性损益因政府补助减少而降低。 ...

Core Insights - The environmental governance sector saw a rise of 0.96% on January 22, with Tongyuan Environment leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Group 1: Stock Performance - Tongyuan Environment (688679) closed at 52.80, with a gain of 10.72% and a trading volume of 102,700 shares, amounting to a transaction value of 526 million yuan [1] - Zhejiang Fu Holdings (002266) closed at 4.98, up 9.93%, with a trading volume of 2,264,400 shares and a transaction value of 1.073 billion yuan [1] - Xuelang Environment (300385) closed at 8.21, increasing by 8.74%, with a trading volume of 277,900 shares and a transaction value of 227 million yuan [1] - Huicheng Environmental Protection (300779) closed at 106.40, up 4.00%, with a trading volume of 73,600 shares and a transaction value of 779 million yuan [1] Group 2: Capital Flow - The environmental governance sector experienced a net outflow of 129 million yuan from institutional investors and 343 million yuan from speculative funds, while retail investors saw a net inflow of 472 million yuan [2] - Zhejiang Fu Holdings had a net inflow of 25 million yuan from institutional investors, but a net outflow of 13.4 million yuan from speculative funds and 11.7 million yuan from retail investors [3] - Huicheng Environmental Protection recorded a net inflow of 101 million yuan from institutional investors, with net outflows of 31.6 million yuan from speculative funds and 69.7 million yuan from retail investors [3]

进一步统计，近3个月内该股累计发生9笔大宗交易，合计成交金额为5799.57万元。该股近5个交易日累 计上涨18.34%，主力资金合计净流入3399.69万元。 责任编辑：小浪快报 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 1月21日，通源环境收涨5.09%，收盘价为47.69元，发生1笔大宗交易，合计成交量3.88万股，成交金额 202.46万元。 第1笔成交价格为52.18元，成交3.88万股，成交金额202.46万元，溢价率为9.41%，买方营业部为联储证 券股份有限公司浙江分公司，卖方营业部为华源证券股份有限公司广东分公司。 ...

1月21日，通源环境大宗交易成交3.88万股，成交额202.46万元，占当日总成交额的0.72%，成交价52.18 元，较市场收盘价47.69元溢价9.41%。 | 交易日期 | 证券商称 | 证券代码 | 成交价(元) 成交金额[万元) 成交量(*) 买入营业部 | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | | 026-01-21 | 通源环境 | 688679 | 52.18 202.46 | 3.88 ~ ~ ~ | 悉高严禁劈毁意思 | 190 | ...

证券日报网讯1月19日，通源环境在互动平台回答投资者提问时表示，公司出口业务主要集中在控股子 公司通源新能源，近两年有产品出口至欧盟国家，但总体占公司业务比重较小。公司对欧盟市场的销售 模式，主要以境内主体直销为主。 ...

Economic Information - Several smartphone manufacturers, including Xiaomi, OPPO, vivo, and Transsion, have lowered their annual shipment forecasts, with Xiaomi and OPPO reducing by over 20%, vivo by nearly 15%, and Transsion to below 70 million units [2] - Silver prices have surged over 50% in one month and over 150% in six months, impacting the photovoltaic industry, which consumes a significant amount of silver. The cost of raw materials for solar cells has increased by nearly 20% due to rising silver prices [2] - The company Xibei is expected to incur cumulative losses exceeding 600 million yuan from September 2025 to March 2026, leading to the closure of 102 stores, accounting for 30% of its total outlets [2] Company Alerts - Shenghong Technology anticipates a net profit increase of 260%-295% year-on-year for 2025, although Q4 performance fell short of expectations [4] - Cambridge Technology expects a net profit increase of 51%-67% year-on-year for 2025, with Q4 results also below expectations [4] - Multiple companies, including Weimait and Youyan Silicon, have announced plans to reduce their shareholdings by up to 4.98% and 3% respectively [4][11] Overseas Alerts - The three major U.S. stock indices collectively declined last Friday, with the Nasdaq China Golden Dragon Index dropping by 1.15%. Notable declines were seen in Chinese stocks such as Alibaba and JD.com [5] - The European Union is considering imposing tariffs on U.S. goods worth 93 billion euros in response to U.S. tariffs on eight European countries, which could take effect on February 6 if no agreement is reached [5]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300779 | 惠城环保 | 108.70 | -5.49% | 11.72万 | 12.82 ZI | | 600769 | 祥龙电业 | 13.10 | -5.28% | 13.88万 | 1.83亿 | | 000803 | 山高环能 | 8.44 | -4.52% | 24.49万 | 2.08亿 | | 002210 | 飞马国际 | 3.29 | -4.36% | 159.19万 | 5.28亿 | | 301148 | 嘉戎技术 | 55.00 | -4.35% | 4.56万 | 2.54亿 | | 301259 | 文布鲁 | 34.80 | -4.05% | 4.52万 | 1.59亿 | | 688480 | 塞恩斯 | 66.48 | -3.20% | 2.66万 | 1.77亿 | | 000826 | 启迪环境 | 2.19 | -3.10% | 52.34万 | 1.15亿 | | 300774 | 倍杰特 | 4 ...