Revenue and Profit - Total operating revenue for 2024 reached ¥1,604,905,624.05, an increase of 7.65% compared to the previous year[4] - Operating profit was ¥33,230,494.30, reflecting an 11.44% growth year-over-year[4] - Total profit amounted to ¥32,860,774.91, up by 9.50% from the prior year[4] - Net profit attributable to shareholders of the parent company decreased by 28.32% to ¥22,742,648.48[4] - Net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, fell by 31.92% to ¥19,682,320.58[4] Assets and Equity - Total assets at the end of the reporting period were ¥3,111,627,330.82, a 12.87% increase from the beginning of the period[4] - Shareholders' equity attributable to the parent company rose by 1.30% to ¥1,147,021,534.98[4] Expenses and Income - The increase in management expenses was primarily due to the depreciation of the newly completed R&D building[6] - Investment income significantly decreased due to losses from joint ventures during the reporting period[6] - The company experienced an increase in minority shareholders' profit due to some subsidiaries turning profitable[6]

证券代码：688679 证券简称：通源环境 公告编号：2025-002 安徽省通源环境节能股份有限公司关于 2024 年限制性股票激励计划预留权益失效的公告 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。 3、2024 年 1 月 27 日至 2024 年 2 月 5 日，公司对本激励计划首次授予激励 对象的姓名与职务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 个人或组织提出的异议。公司于 2024 年 2 月 21 日在上海证券交易所网站 （www.sse.com.cn）披露了《关于公司 2024 年限制性股票激励计划首次授予激 励对象名单的核查意见及公示情况说明》（公告编号：2024-007）。 一、公司 2024 年限制性股票激励计划已履行的决策程序和信息披露情况 1、2024 年 1 月 25 日，公司召开第三届董事会第十七次会议、第三届监事 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》《关于公司<2024 年限制性股票激励计划实施考核管理办法> 的议 ...

刘桂建先生在担任公司独立董事期间，认真履行独立董事职责，勤勉尽责， 充分行使职权，为公司规范运作和健康发展发挥了积极作用。公司董事会对刘桂 建先生任职期间为公司发展所做出的贡献表示衷心的感谢！ 特此公告。 证券代码：688679 证券简称：通源环境 公告编号：2025-001 安徽省通源环境节能股份有限公司 关于独立董事辞职的公告 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。 安徽省通源环境节能股份有限公司（以下简称"公司"）董事会于近日收到 独立董事刘桂建先生的书面辞职报告。刘桂建先生因工作原因申请辞去公司第四 届董事会独立董事及所有董事会专门委员会职务。刘桂建先生辞职后将不再担任 公司任何职务。截至本公告披露日，刘桂建先生未直接或间接持有公司股份，亦 不存在应当履行而未履行的承诺事项。 根据《中华人民共和国公司法》《上市公司独立董事管理办法》《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》以及《公司章程》等相关规定，由于刘桂建先生辞职将导致公 司独立董事人数少于董 ...

证券代码：688679 证券简称：通源环境 公告编号：2024-053 经中国证券监督管理委员会《关于同意安徽省通源环境节能股份有限公司首 次公开发行股票注册的批复》（证监许可【2020】3183号）核准同意，公司首次 向社会公众发行人民币普通股32,922,419股，每股面值为人民币1.00元，发行价 格为人民币12.05元/股，募集资金总额为人民币39,671.51万元，各项发行费用 金额（不含税）为人民币6,406.62万元，扣除发行费用后募集资金净额为 33,264.89万元。容诚会计师事务所（特殊普通合伙）对公司本次公开发行新股 的 资 金 到 位 情 况 进 行 了 审 验 ， 并 于 2020 年 12 月 18 日 出 具 了 容诚验字 [2020]230Z0283号《验资报告》。 二、募集资金专户开立情况 三、本次注销的募集资金专用账户情况 安徽省通源环境节能股份有限公司 关于注销部分募集资金专户的公告 鉴于公司募投项目"技术中心建设项目"已按照计划建设完毕并达到可使用 状态，满足结项条件，且该项目在徽商银行股份有限公司合肥三里街支行开立的 募集资金专户的资金已使用完毕，为方便公司资金账户管 ...

Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook for its stock performance in the coming months [4][6][116]. Core Viewpoints - The company specializes in comprehensive ecological environment remediation, with a strong focus on solid waste pollution control and water environment management. It has shown a steady increase in revenue, with a compound annual growth rate (CAGR) of 20.4% from 2020 to 2023 [2][4]. - The company's profitability has been impacted by slow government funding disbursements, but improvements in debt resolution policies are expected to enhance financial performance [2][4]. - The company is actively expanding its market presence, particularly in solid waste management and water treatment, with significant new orders expected in 2024 [3][4][57]. Summary by Sections 1. Company Overview - The company was established in 1999 and listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board in December 2020. It has developed expertise in solid waste pollution control, wastewater treatment, and soil and groundwater remediation [2][23]. - The company holds multiple engineering qualifications, including first-class qualifications in municipal public works and environmental engineering [23]. 2. Business Growth Potential - The solid waste management market is expected to grow steadily, with the company actively seeking orders outside its home province. In 2022, the market size for landfill management in China was approximately 7.948 billion yuan, with a year-on-year growth of 4.9% [3][57]. - The company has a strong order backlog in water environment management, with new orders amounting to approximately 480 million yuan in 2024, supporting future revenue growth [3][75]. 3. Financial Improvement and New Business Ventures - The company has seen a gradual increase in accounts receivable, which reached 990 million yuan in 2023, accounting for 35.7% of total assets. The ongoing debt resolution policies are expected to improve the company's financial situation [4][93]. - The company is entering the renewable energy sector through its subsidiary, with a focus on photovoltaic projects, having secured contracts worth over 300 million yuan in 2023 [4][99]. - A stock incentive plan was introduced in early 2024 to align employee interests with company performance, promoting further growth [4][104]. 4. Profit Forecast - The company is projected to achieve revenues of 1.58 billion yuan, 1.75 billion yuan, and 1.94 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 20 million yuan, 60 million yuan, and 80 million yuan [4][112].

安徽承义律师事务所 法律意见书 安徽承义律师事务所 关于安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会的 法律意见书 安徽承义律师事务所 ANHUI CHENGYI LAW FIRM 地址：合肥市政务区怀宁路 200 号栢悦中心大厦五楼、八楼 邮编：230071 电话：0551-65609815 传真：0551-65608051 _________________________________________________________________________________ 安徽承义律师事务所 法律意见书 安徽承义律师事务所 关于安徽省通源环境节能股份有限公司 2024年第三次临时股东大会的法律意见书 (2024)承义法字第 00300 号 致：安徽省通源环境节能股份有限公司 安徽承义律师事务所（以下称"本所"）接受安徽省通源环境节能股份有限公司（以 下称"公司"）的委托，指派本律师以现场及线上方式出席公司 2024 年第三次临时股 东大会（以下称"本次股东大会"），对本次股东大会的合法性进行见证。 按照律师行业公认的业务标准、道德规范和勤勉尽责精神，本律师对本次股东大 会的相 ...

安徽省通源环境节能股份有限公司 关于召开 2024 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。 证券代码：688679 证券简称：通源环境 公告编号：2024-052 重要内容提示： 投资者可于 2024 年 11 月 26 日(星期二)16:00 前登录上证路演中心网站 首页点击"提问预征集"栏目或通过公司邮箱（zqb_tongyuan@sina.com）进行 提问。公司将在说明会上对投资者普遍关注的问题进行回答。 安徽省通源环境节能股份有限公司（以下简称"公司"）已于 2024 年 10 月 30 日发布公司 2024 年第三季度报告，为便于广大投资者更全面深入地了解公司 经营成果、财务状况，公司计划于 2024 年 11 月 27 日（星期三）上午 11:00-12:00 举行 2024 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络文字互动形式召开，公司将针对 2024 年第三季度 的经营成果及财务指标的具体情况与投资者进行互动交流和沟通， ...

重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 证券代码：688679 证券简称：通源环境 公告编号：2024-051 安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会决议公告 本公司董事会及全体董事保证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） 股东大会召开的时间：2024 年 11 月 12 日 （二） 股东大会召开的地点：安徽省合肥市包河区祁门路 3966 号公司 22 楼第 一会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 27 | | --- | --- | | 普通股股东人数 | 27 | | 2、出席会议的股东所持有的表决权数量 | 71,558,045 | | 普通股股东所持有表决权数量 | 71,558,045 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例 | 54.3383 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 54 ...

安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会会议资料 安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会 会议资料 2024 年 11 月 安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会会议资料 目 录 安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会会议资料 安徽省通源环境节能股份有限公司 2024 年第三次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保 证大会的顺利进行，根据《公司法》《证券法》《上市公司股东大会规则》以 及《安徽省通源环境节能股份有限公司章程》的相关规定，认真做好召开股东 大会的各项工作，特制定本须知： 一、为保证股东大会的严肃性和正常秩序，切实维护股东的合法权益，除 出席会议的股东及股东代表、董事、监事、公司高级管理人员、公司聘任律师 及中介机构外，公司有权依法拒绝其他人员入场。 二、请出席会议的股东及股东代表在会议召开前 20 分钟到达会议现场办理 签到手续。大会工作人员将对出席会议者的身份进行必要的核对工作，请被核 对者给予配合。 三、股东及股东代表参加股东大会依法享有发言权、质询权 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥395,444,641.02, a decrease of 4.39% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥3,925,667.44, down 58.62% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.03, a decline of 57.14% compared to the previous year[3] - Net profit for the third quarter of 2024 was CNY 7,816,210.44, a significant decrease from CNY 26,355,058.33 in the same quarter of 2023, reflecting a decline of about 70.3%[16] - The net profit attributable to shareholders for the year-to-date period decreased by 75.57% compared to the same period last year[6] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥2,874,380,788.92, representing an increase of 4.27% from the end of the previous year[3] - The company's total liabilities increased to CNY 1,736,534,113.97 in Q3 2024, compared to CNY 1,621,899,584.84 in Q3 2023, marking an increase of approximately 7.1%[14] - The company's total current assets amount to approximately CNY 2.03 billion, an increase from CNY 1.92 billion in the previous period, reflecting a growth of about 5.5%[12] - The total assets of the company reached CNY 2.87 billion, up from CNY 2.76 billion, showing a growth of approximately 4.5%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,638[7] - The largest shareholder, Yang Ming, holds 59,385,600 shares, representing 45.10% of the total shares[9] - The company has not reported any significant changes in shareholder relationships or actions among the top ten shareholders[10] Research and Development - Research and development expenses totaled ¥13,841,123.89, accounting for 3.50% of operating revenue, an increase of 0.16 percentage points[3] - Research and development expenses for the first three quarters of 2024 amounted to CNY 36,309,045.77, a decrease from CNY 39,709,273.19 in the same period of 2023, indicating a reduction of about 6.1%[15] Cash Flow - The net cash flow from operating activities for Q3 2024 was not applicable due to increased cash payments for goods and services[6] - The total cash inflow from operating activities for the first three quarters of 2024 was CNY 913,725,388.05, an increase of 10.7% compared to CNY 825,403,625.99 in the same period of 2023[19] - The net cash flow from operating activities was -CNY 162,773,293.79, worsening from -CNY 91,167,741.85 year-over-year[19] - Cash inflow from investment activities totaled CNY 73,303,379.60, significantly higher than CNY 2,582,946.65 in the same period last year[19] - The net cash flow from investment activities was -CNY 31,449,043.43, slightly improved from -CNY 33,161,232.13 year-over-year[19] - Cash inflow from financing activities was CNY 200,000,000.00, compared to CNY 90,310,000.00 in the previous year, marking a 121% increase[20] - The net cash flow from financing activities was CNY 129,276,145.99, a significant increase from CNY 24,587,762.92 in the same period last year[20] - The ending cash and cash equivalents balance was CNY 175,285,568.08, down from CNY 268,989,498.00 year-over-year[20] - The company experienced a net decrease in cash and cash equivalents of -CNY 64,946,191.23, an improvement from -CNY 99,741,211.06 in the same period last year[20] Operational Challenges - The company faced significant challenges including increased depreciation expenses and higher bad debt provisions due to lower customer payments[6] - The company has not identified any other important information regarding its operational performance during the reporting period[11] Other Financial Metrics - The weighted average return on net assets for Q3 2024 was 0.34%, a decrease of 0.51 percentage points year-on-year[3] - Non-recurring gains and losses for Q3 2024 totaled ¥470,002.82, with a year-to-date total of ¥2,167,965.66[5] - The total cost of operations for the first three quarters of 2024 was CNY 1,005,514,491.47, up from CNY 988,621,859.84 in the same period of 2023, which is an increase of approximately 1.4%[15] - The company reported a significant increase in tax expenses, which rose to CNY 5,609,848.32 in Q3 2024 from CNY 3,949,953.49 in Q3 2023, reflecting an increase of about 42%[15] - Basic earnings per share for Q3 2024 were CNY 0.05, down from CNY 0.21 in Q3 2023, representing a decline of approximately 76.2%[17] - The company's total equity increased to CNY 1,137,846,674.95 in Q3 2024, compared to CNY 1,134,848,740.98 in Q3 2023, showing a slight increase of about 0.26%[14]