Core Viewpoint - The company has not identified any undisclosed significant information that may have impacted its stock trading price due to recent media reports [1] Group 1 - The company's recent operational conditions and external business environment have not undergone significant changes [1] - There are no undisclosed significant matters or major events in the planning stage related to the company, its controlling shareholders, or actual controllers [1] - During the period of unusual stock fluctuations, the company's controlling shareholders and actual controllers did not engage in buying or selling the company's stock [1]

Core Viewpoint - Zhongshan Public (stock code: 000685) experienced an abnormal stock price fluctuation with a cumulative closing price deviation exceeding 20% over three consecutive trading days from September 22 to 24, 2025 [1] Summary by Relevant Sections - The company's board conducted a review and confirmed with the controlling shareholder and actual controller that there is no need to correct or supplement previously disclosed information [1] - No undisclosed significant information affecting the stock price was found in recent media reports, and there have been no major changes in the company's recent operations or external environment [1] - During the period of abnormal fluctuation, the controlling shareholder and actual controller did not buy or sell the company's stock, indicating no violations of information disclosure [1] - The company advises investors to rely on information from designated media and to invest rationally while being aware of risks [1]

证券代码：000685 证券简称：中山公用 编号：2025-056 中山公用事业集团股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证本公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、股票交易异常波动的情况介绍 中山公用事业集团股份有限公司（以下简称"公司"）股票（证券简称：中山公 用；证券代码：000685）于 2025 年 9 月 22 日、9 月 23 日、9 月 24 日连续三个交易 日收盘价格涨幅偏离值累计超过 20%，根据《深圳证券交易所交易规则》的相关规定， 属于股票交易异常波动的情形。 二、公司关注并核实的情况 针对公司股票交易异常波动，公司董事会对有关事项进行了核查，并向控股股东 和实际控制人征询核实，现就有关情况说明如下： 1.公司前期披露的信息不存在需要更正、补充之处； 2.公司未发现近期公共传媒报道可能或已经对本公司股票交易价格产生较大影 响的未公开重大信息； 3.近期公司经营情况及内外部经营环境未发生重大变化； 4.公司、控股股东和实际控制人不存在关于本公司的应披露而未披露的重大事项 或处于筹划阶段的重大事项； 5.本次股票异常波动期间公司控股股 ...

Market Overview - On September 24, the environmental governance sector rose by 1.52% compared to the previous trading day, with Jia Rong Technology leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Top Gainers in Environmental Governance Sector - Jia Rong Technology (301148) closed at 30.06, with a significant increase of 20.00% and a trading volume of 74,000 shares, amounting to a transaction value of 208 million yuan [1] - Zhonglan Environmental Protection (300854) closed at 23.17, up 19.99%, with a trading volume of 124,300 shares and a transaction value of 270 million yuan [1] - Bei Jie Te (300774) closed at 11.06, increasing by 14.61%, with a trading volume of 488,200 shares and a transaction value of 541 million yuan [1] - Fu Jie Environmental Protection (688335) closed at 24.02, up 11.82%, with a trading volume of 101,000 shares and a transaction value of 232 million yuan [1] - Qi Di Environment (000826) closed at 2.49, increasing by 10.18%, with a trading volume of 811,200 shares and a transaction value of 202 million yuan [1] Top Losers in Environmental Governance Sector - Feima International (002210) closed at 4.01, down 6.53%, with a trading volume of 4,651,500 shares and a transaction value of 188.6 million yuan [2] - Shengyuan Environmental Protection (300867) closed at 18.45, down 3.35%, with a trading volume of 176,700 shares and a transaction value of 327 million yuan [2] - Fulongma (603686) closed at 27.10, down 3.11%, with a trading volume of 1,623,700 shares and a transaction value of 428.9 million yuan [2] Capital Flow Analysis - On the same day, the environmental governance sector experienced a net outflow of 296 million yuan from institutional investors, while retail investors saw a net inflow of 400 million yuan [2][3] - The capital flow for key stocks showed that Qi Di Environment had a net inflow of 127 million yuan from institutional investors, while it faced a net outflow of 63.09% from speculative funds [3] - Donghu Gaoxin (600133) had a net inflow of 112 million yuan from institutional investors, with a net outflow of 9.32% from speculative funds [3]

Core Viewpoint - The company has invested in Chery Automobile and Changxin Storage through its new energy industry fund, aligning with national strategic support areas such as integrated circuits, high-end manufacturing, new energy, and intelligent driving [1] Group 1 - The investment fund focuses on sectors that are supported by national strategies [1] - The overall investment portfolio is concentrated on new productive forces development directions [1]

Group 1 - The core index, the CSI Dividend Low Volatility 100 Index, experienced a decline of 0.62% as of September 23, 2025, with mixed performance among constituent stocks [2] - Notable gainers included Nanjing Bank, which rose by 4.11%, while Yuyuan Inc. led the declines with a drop of 3.68% [2] - The CSI Dividend Low Volatility 100 ETF (159307) decreased by 0.48%, with a latest price of 1.04 yuan, but showed a cumulative increase of 2.29% over the past three months [2] Group 2 - The People's Bank of China highlighted significant achievements in the financial sector, including comprehensive deepening of financial system reforms and modernization of financial governance [3] - The financial services quality, efficiency, and inclusiveness have significantly improved, with a focus on orderly resolution of financial risks [3] - According to Dongfang Securities, the market is currently in a short-term adjustment phase but maintains a medium-term upward trend, with potential focus on high-end manufacturing and low-cycle dividend opportunities [3] Group 3 - The CSI Dividend Low Volatility 100 ETF has seen continuous net inflows over the past nine days, totaling 119 million yuan, with a peak single-day inflow of 26.66 million yuan [5] - The index tracks 100 stocks characterized by good liquidity, continuous dividends, high dividend yields, and low volatility, reflecting the overall performance of such securities [5] - As of August 29, 2025, the top ten weighted stocks in the index accounted for 20.4% of the total index weight, including companies like Shanxi Coking Coal and Sinopec [5]

Financial Performance - In the first half of 2025, the company achieved operating revenue of 2.121 billion yuan, with a net profit attributable to shareholders of 719 million yuan, representing a year-on-year growth of 29.55% [3] - Total assets reached 35.658 billion yuan, an increase of 10.02% compared to the end of the previous year, with a debt-to-asset ratio of 49.22% [3] Business Segments - The environmental water service segment generated revenue of 786 million yuan, up 13.82%, maintaining a dominant position in the Zhongshan water market [3][4] - The solid waste treatment segment contributed 399 million yuan in revenue, reflecting a year-on-year increase of 14.89% [4] - The waste incineration power generation project processed 663,100 tons of waste, generating 291 million kWh of green electricity [3] Investment Strategy - The company has invested 1.5 billion yuan in a fund, with a total investment amount of 1.208 billion yuan across 27 quality projects [5] - Focus areas include AI and chips, new energy and smart connected vehicles, military industry, and adaptive robotics, aligning with national strategic emerging industries [5] Future Growth Drivers - The water service segment will continue to provide stable cash flow and profit support, with plans to expand industrial wastewater treatment in Zhongshan [6] - The solid waste segment will enhance efficiency through a comprehensive industrial chain layout and accelerate investments in new fields [6] - The company aims to innovate its new energy business model, leveraging fund synergies to promote integrated applications and develop a smart energy management system [6]

Core Viewpoint - Zhongshan Public Utility has shown a mixed performance in stock price and financial results, with a notable increase in net profit despite a slight rise in revenue [1][2]. Financial Performance - As of September 10, 2025, Zhongshan Public Utility reported a revenue of 2.121 billion yuan, representing a year-on-year growth of 0.64% [2]. - The net profit attributable to shareholders for the same period was 719 million yuan, reflecting a significant year-on-year increase of 29.57% [2]. Stock Performance - The stock price of Zhongshan Public Utility increased by 11.14% year-to-date, but it has seen a decline of 0.51% over the last five trading days and 4.02% over the last twenty days [1]. - As of September 17, the stock was trading at 9.78 yuan per share, with a market capitalization of 14.427 billion yuan [1]. Shareholder Information - The number of shareholders increased to 31,800, up by 0.77% from the previous period, while the average number of circulating shares per person decreased by 0.77% to 39,431 shares [2]. - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited and new entrant Silver Hua Rich Theme Mixed A [3]. Dividend Distribution - Zhongshan Public Utility has cumulatively distributed 4.529 billion yuan in dividends since its A-share listing, with 1.251 billion yuan distributed over the last three years [3]. Business Overview - Zhongshan Public Utility, established on December 26, 1992, and listed on January 23, 1997, operates in various sectors including environmental water services, solid waste treatment, sanitation services, and financial services [1]. - The main revenue sources are water supply and sewage treatment (37.07%), engineering installation (34.53%), and sanitation and waste-to-energy (18.79%) [1].

证券代码：000685 证券简称：中山公用 公告编号：2025-055 中山公用事业集团股份有限公司 关于参加广东辖区 2025 年投资者网上集体接待日活动 暨 2025 年半年度业绩说明会的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，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，中山公用事业集团股份有限公司（以下简称 "公司"）将参加由广东证监局、广东上市公司协会联合举办的"向新提质 价值领 航——2025 广东辖区上市公司投资者关系管理月活动投资者集体接待日"，现将相 关事项公告如下： 本次投资者网上集体接待日活动将采用网络远程的方式举行，投资者可登录"全 景路演"网站（https://rs.p5w.net）参与本次互动交流，活动时间为2025年9月19 日（星期五）15:30-17:00。 届时公司相关高管将通过网络在线方式就公司2025年半年度业绩、公司治理、发 展战略、经营状况、可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢 迎广大投资者踊跃参与！ 特此公告。 二〇二五年九月十六日 1 中山公用事业集团股份有限公司 董事会 ...

Core Viewpoint - Zhongshan Public Utility experienced a decline in stock price by 2.10% on September 12, 2023, with a current trading price of 9.81 CNY per share and a total market capitalization of 14.471 billion CNY [1] Financial Performance - For the first half of 2025, Zhongshan Public Utility reported a revenue of 2.121 billion CNY, reflecting a year-on-year growth of 0.64%, while the net profit attributable to shareholders was 719 million CNY, showing a significant increase of 29.57% [2] Shareholder Information - As of September 10, 2023, the number of shareholders for Zhongshan Public Utility reached 31,800, an increase of 0.77% from the previous period, with an average of 39,431 circulating shares per shareholder, which decreased by 0.77% [2] - The company has distributed a total of 4.529 billion CNY in dividends since its A-share listing, with 1.251 billion CNY distributed over the last three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the fifth-largest circulating shareholder, holding 16.0905 million shares, a decrease of 597,200 shares from the previous period. New shareholder Silver Hua Rich Theme Mixed A (180012) entered as the eighth-largest shareholder with 8 million shares [3]