Core Viewpoint - Zhongyuan Environmental Protection (000544) has experienced a decline in stock price and is focusing on improving cash flow management due to increased accounts receivable [1][2]. Group 1: Company Overview - Zhongyuan Environmental Protection is a national high-tech enterprise and state-controlled listed company, involved in wastewater treatment, sludge treatment, recycled water utilization, and other environmental services [1]. - The company aims to build a leading environmental protection industry group through its "one core, two engines, three elements, one area, four leads, multiple points" development strategy [1]. Group 2: Financial Performance - In 2021, the company's revenue reached 6.14 billion yuan, a year-on-year increase of 185.64%, primarily due to changes in accounting policies regarding revenue recognition for PPP projects [2]. - The company's current market capitalization is 7.953 billion yuan, ranking 27th in the environmental governance sector and 1982nd in the A-share market [1]. Group 3: Cash Flow and Accounts Receivable - The company has reported negative operating cash flow in recent years, mainly due to an increase in accounts receivable [1]. - The company is taking steps to enhance communication with payers to ensure the collection of accounts receivable [1]. Group 4: Recent Announcements - Zhongyuan Environmental Protection has successfully completed the repayment of its first phase of medium-term notes for 2022, amounting to 500 million yuan with a coupon rate of 3.27% [2][4].

投资者关系活动 类别 ☑特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 其他（请用文字说明其他活动内容） 活动参与人员 中国信达资产管理股份有限公司河南分公司：田向阳、王佳 时间 2025 年 6 月 5 日 15:00-16:30 地点 公司会议室 上市公司接待人 员姓名 董事会办公室主任：王阳 董事会办公室副主任、证券事务代表：孙冰清 财务部副部长：杨鹏飞、石毅 交流内容及具体 问答记录 一、公司总体经营情况介绍 2024 年度，公司实现营业收入 54.43 亿元，净利润 10.71 亿 元。截至 2025 年一季度，公司实现营业收入 11.47 亿元；归母 净利润 3.59 亿元；总资产 407.16 亿元，较上年末增长 1.63%。 二、具体交流内容 1、介绍公司主营业务情况。 中原环保是国家高新技术企业，国有控股上市公司和全国国企 改革"双百企业"。公司业务涵盖污水处理、污泥处理、再生 水利用、供水供热、环保装备制造、光伏发电、生态治理等领 域。公司深入实施"一核两擎三元，一地四带多点"发展战 略，以打造全国一流环保产业集团为核心目标，以创新驱动和 技术引 ...

关于 2022 年度第一期中期票据兑付完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性 陈述或者重大遗漏。 中原环保股份有限公司（以下简称"公司"）于 2022 年 5 月 30 日在全国银行间债券市场发行了 2022 年度第一期中期票据（22 中 原环保 MTN001），发行金额 5 亿元，票面利率 3.27%，期限 3 年， 到期日 2025 年 5 月 31 日。 公司已按期完成 2022 年度第一期中期票据 5 亿元兑付，本次 兑付相关情况可查阅中国货币网（www.chinamoney.com.cn）、上海 清算所（www.shclearing.com）。 特此公告。 中原环保股份有限公司董事会 证券代码：000544 证券简称：中原环保 公告编号：2025-33 二〇二五年六月三日 中原环保股份有限公司 ...

证券代码：000544 证券简称：中原环保 公告编号：2025-32 中原环保股份有限公司 关于 2025 年度第一期科技创新债券发行完成的公告 债券名称：中原环保股份有限公司2025年度第一期科技创新债 券 债券简称：25中原环保MTN001(科创债) 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性 陈述或者重大遗漏。 一、审议及注册发行情况 中原环保股份有限公司（以下简称"公司"）于2023年11月14日 召开的2023年第二次临时股东大会审议通过了《关于拟注册发行非 金融企业债务融资工具的议案》（详见巨潮资讯网2023-64、2023-69 号）。 2024年1月，公司收到中国银行间市场交易商协会签发的《接受 注册通知书》（中市协注[2024]SCP26号）、（中市协注[2024]MTN79 号）、（中市协注[2024]MTN80号），公司超短期融资券注册金额 10亿元、中期票据20亿元、永续中期票据20亿元，注册额度自通知 书落款之日起2年内有效，在注册有效期内可分期发行（详见巨潮资 讯网2024-09号）。 二、本次发行情况 近日，公司完成2025年度第一期科技创新债 ...

证券代码：000544 证券简称：中原环保 公告编号：2025-31 中原环保股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或者重大遗漏。 中原环保股份有限公司（以下简称"公司"或"中原环保"） 2024 年年度权益分派方案已获 2025 年 4 月 11 日召开的 2024 年 度股东会审议通过，现将权益分派事宜公告如下： 一、股东会审议通过方案 【注：根据先进先出的原则，以投资者证券账户为单位计算 持股期限，持股 1 个月（含 1 个月）以内，每 10 股补缴税款 0.52 元；持股 1 个月以上至 1 年（含 1 年）的，每 10 股补缴税款 0.26 元；持股超过 1 年的，不需补缴税款。】 三、股权登记日与除权除息日 本次权益分派股权登记日为：2025 年 6 月 4 日，除权除息 日为：2025 年 6 月 5 日。 1、经股东会审议通过，公司 2024 年年度权益分派方案为： 以 2024 年 12 月 31 日总股本 974,684,488 股为基数，向全体股东 每 10 股派 2.60 元（含税），共计派发 ...

市场上绝大投资机构不敢入场买入股票，对此，公司有什么其他能 保证股价稳定的措施吗 投资者您好！公司制定应收账款管理办法，将应收账款回款率纳入 核心考核指标，针对期限长、金额大的应收账款建立专项台账，压 实责任，加强与付费主体沟通，全力保障应收账款回款。公司在积 极催收应收账款的同时，拓展多元化融资渠道，保证公司现金流稳 定，保障公司正常生产经营。谢谢！ 4、既然把追回应收账款的工作视为重点工作，是否有详细的追回账 款计划，以及具体的追回账款的主体信息，以及相关账款的在欠账 期间所产生的利息有多少，以及具体的追回账款的期限是多久，对 此方面的信息是否能公示给投资者们，另外，要是到达账款追回的 最后期限没能追回账款，是否涉及到相关责任人的追责问题，或者 更换相关企业的经营人，以及现在的股市行情下，股价接连下跌， 如何保证公司的中小投资者的利益 投资者您好，公司完善应收账款回款奖惩制度，制定《应收账款管 理办法》，将应收账款回款率纳入核心考核指标，针对期限长、金 额大的应收账款建立专项台账，压实责任，加强与付费主体沟通， 全力保障应收账款回款，切实维护投资者利益。谢谢！ 5、国家最近多次强调关于中部地区加快崛起、黄 ...

Group 1: Company Performance and Growth Drivers - Luoyang Molybdenum's Secretary Xu Hui highlighted the company's focus on geological exploration and resource upgrades, with a copper production guidance of 600,000 to 660,000 tons for 2025 [1] - Hanwei Technology's subsidiary Nengsida is expanding its production capacity for flexible sensors, with a new production line expected to be operational in the second half of the year [2] - Multiple Fluoride's Secretary Peng Chao noted that the price of lithium hexafluorophosphate is stabilizing, which is expected to enhance the company's performance [2] Group 2: Market Value Management Strategies - Zhongyuan Environmental emphasized the importance of market value management, focusing on compliance and innovation to enhance investor returns [4] - Ming Tai Aluminum's Secretary Lei Peng discussed the company's commitment to high-end manufacturing and low-carbon economy, aiming to improve its market value through various initiatives [4] - AVIC Optoelectronics has implemented several market value management measures, including a planned cash dividend of 1.695 billion yuan for 2024, representing a 50.52% payout ratio [5]

特此公告。 中原环保股份有限公司董事会 二〇二五年五月十九日 关于参加河南辖区上市公司 2025 年投资者网上 集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，中原环保股份有限公司 （以下简称"公司"或"中原环保"）定于 2025 年 5 月 22 日（周四 ）15:25-16:55 参加在全景网举办的河南辖区上市公司 2025 年投 资者网上集体接待日活动，本次活动将采用网络远程的方式举行 ，投资者可登录"全景•路演天下"（https://ir.p5w.net）参与本次互 动交流。 出席本次网上集体接待日活动的人员有：董事、总经理谭云 飞先生，董事会秘书张一帆女士，财务总监张蕾女士（如有特殊 情况，参会人员可能进行调整），欢迎广大投资者积极参与。 证券代码：000544 证券简称：中原环保 公告编号：2025-30 中原环保股份有限公司 ...

Core Viewpoint - Zhongyuan Environmental Protection Co., Ltd. is actively engaged in wastewater treatment and recycling, innovating models such as "reclaimed water+" and "wastewater+photovoltaics" to promote green development [1][3][8]. Group 1: Wastewater Treatment Process - Wastewater undergoes a multi-step purification process, starting from the pump room, through coarse and fine screens, biological reaction pools, and sedimentation tanks, ultimately transforming into reclaimed water suitable for irrigation and river replenishment [3][5]. - The reclaimed water is clear and has a visibility of over 5 meters, resembling bottled mineral water in appearance [5]. Group 2: Technological Innovations - The company has established the Xiaotian Model Worker Innovation Studio to focus on research and application of advanced wastewater treatment technologies, leading to over a hundred innovation projects [5][6]. - Notable innovations include the "brushing robot" for sedimentation tanks and advanced activated carbon adsorption technology, which enhances the treatment of low-concentration pollutants [5][6]. Group 3: Green Development Initiatives - Zhongyuan Environmental Protection is exploring the integration of reclaimed water with clean energy, utilizing the stable temperature and flow of reclaimed water for centralized cooling and heating in urban complexes, significantly reducing energy consumption and carbon emissions [8]. - The company is also implementing "wastewater+photovoltaics" projects, installing solar panels on wastewater treatment facilities to optimize space and resources [8]. Group 4: Future Prospects - The company is set to showcase its wastewater treatment capabilities at the 2025 National Vocational Skills Competition in Zhengzhou, highlighting its contributions to urban development and ecological improvement [9].

Investment Rating - The investment rating for Zhongyuan Environmental Protection (000544) is not explicitly stated in the report [1]. Core Viewpoints - The company's wastewater treatment business is steadily growing, with ongoing upgrades and transformations [3]. - In 2024, the company processed 936 million tons of wastewater and supplied 6.284 million cubic meters of recycled water, with a significant increase in sludge treatment and heating supply areas [3]. - The company has initiated several projects to enhance its profitability, including the commercial operation of new wastewater treatment plants and various upgrade projects [3]. - The operating cash flow has significantly improved, while accounts receivable have shown an upward trend, indicating a focus on receivables management [3]. - The company forecasts revenues of 5.43 billion, 5.8 billion, and 6.24 billion yuan for 2025, 2026, and 2027, respectively, with net profits expected to grow steadily [4]. Summary by Sections Financial Performance - In 2024, the total revenue was 5.443 billion yuan, a decrease of 30.3% year-on-year, while the net profit attributable to the parent company was 1.032 billion yuan, an increase of 20% [1][5]. - The gross profit margin for wastewater treatment was 49.62%, with a slight decrease of 1.46 percentage points year-on-year [3]. - The company expects a gradual recovery in revenue growth, with projected growth rates of -0.2%, 6.8%, and 7.7% for the years 2025 to 2027 [4]. Cash Flow and Receivables - The net cash flow from operating activities improved significantly, with a net cash flow of -609 million yuan in 2024, an increase of 69.87% year-on-year [3]. - Accounts receivable increased to 6.786 billion yuan by the end of 2024, prompting the company to implement stricter receivables management measures [3]. Project Developments - The company has approved investments in six new projects, including wastewater treatment and renewable energy initiatives, which are expected to drive future growth [3].