公司对刘志军先生在担任公司董事期间为公司所做的工作表示 感谢！公司将尽快完成董事的补选工作。 证券代码：000811 证券简称：冰轮环境 公告编号：2025-019 冰轮环境技术股份有限公司董事辞职公告 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、准确性和完整性承担个别及连带责 任。 公司董事会今日收到董事刘志军先生提交的书面辞职报告，刘 志军先生因个人工作变动原因申请辞去公司董事及相应的董事会专 门委员会职务。根据法律法规及公司章程的相关规定，刘志军先生 的辞职未导致公司董事会低于法定最低人数，辞职报告自送达董事 会时生效。刘志军先生未持有公司股份,辞职后不再担任公司及控股 子公司任何职务。 特此公告。 冰轮环境技术股份有限公司董事会 2025 年 7 月 30 日 ...

Investment Rating - The report maintains a "Positive" outlook on the public utilities and environmental sectors, particularly in electricity and natural gas [1]. Core Insights - The report highlights a recovery in electricity consumption in June, driven by the tertiary sector and residential usage, with a total electricity consumption of 8,670 billion kWh, representing a year-on-year growth of 5.4% [15][17]. - Natural gas consumption showed a slight increase in June, with a total apparent consumption of 35.05 billion m³, up 1.4% year-on-year, indicating a recovery in industry sentiment [21][48]. - The report emphasizes the ongoing optimization of energy structure in China, with significant contributions from renewable energy sources, particularly solar and nuclear power [2][8]. Summary by Sections 1. Electricity: June Consumption Growth Accelerates - In June, the industrial electricity generation reached 7,963 billion kWh, a year-on-year increase of 1.7% [7][9]. - The breakdown of electricity generation types shows a decline in hydropower by 4.0%, while nuclear power grew by 10.3%, and solar power surged by 18.3% [9][15]. - The report notes that the second industry contributed significantly to the electricity increment, accounting for 38% of the total increase [16][17]. 2. Natural Gas: Global Price Decline and June Consumption Growth - The report states that the apparent consumption of natural gas in June was 35.05 billion m³, marking a 1.4% increase year-on-year [21][48]. - The average price of LNG in Northeast Asia decreased to $11.90/mmBtu, reflecting a broader trend of declining global gas prices [22][41]. - The report anticipates that the long-term outlook for natural gas will improve due to rising LNG export capacities from the US and the Middle East [48]. 3. Weekly Market Review - The public utilities and environmental sectors underperformed compared to the CSI 300 index, while the electrical equipment sector outperformed [50]. 4. Company and Industry Dynamics - The report mentions the increase in installed capacity for solar and wind energy, with solar capacity growing by 54.2% year-on-year [53]. - It highlights the ongoing construction of large seawater desalination projects in coastal provinces to support high water-consuming industries [53]. 5. Key Company Valuation Table - The report includes a valuation table for key companies in the public utilities and environmental sectors, indicating potential investment opportunities [60].

Core Viewpoint - Ice Wheel Environment (000811) is a leading enterprise in the refrigeration industry, with extensive experience and mature technology in concrete cooling for large hydropower projects, including notable applications in major dam projects [1] Group 1: Company Expertise - The company has successfully applied its technology in significant projects such as the Three Gorges Project, Xiluodu Hydropower Station, Xiangjiaba Hydropower Station, Wudongde Hydropower Station, and Baihetan Hydropower Station, showcasing its capability in high-altitude and cold-region concrete temperature control [1] - Ice Wheel Environment has developed solutions tailored to the high construction standards and complex geological conditions of the Yaxia Hydropower Project, indicating proactive planning for large-scale concrete construction temperature control needs [1] Group 2: Recent Developments - The company has recently undertaken the cold water machine project for the dam at the JX Hydropower Station in Tibet, further solidifying its position in the market for concrete cooling solutions in challenging environments [1]

Group 1: Institutional Research on Popular Companies - The top twenty companies with the highest number of institutional research visits in the past 30 days include Ice Wheel Environment, Boshi Jie, Dazhu CNC, Fuguang Co., and Jun Ding Da [2][11] - In the last five days, the most popular companies for institutional research were Ice Wheel Environment, Yanjing Beer, Xingrong Environment, Ningbo Bank, and Chaojie Co. [2][11] - Among the top twenty companies in the past 30 days, six companies had ten or more rating agencies, including Yanjing Beer, Huadian Co., China National Heavy Duty Truck Group, Huichuan Technology, Hualing Steel, and Northern Rare Earth [2][11] - Yanjing Beer, Huadian Co., and China National Heavy Duty Truck Group are expected to see significant growth in net profit attributable to shareholders in 2024 compared to 2023 [2][11] Group 2: Shareholder Increase and Buyback Strategies - From July 14 to July 18, 2025, three companies announced significant shareholder increases: Diou Home, Liard, and Huachao City A [3][15] - A total of 81 companies announced buyback progress during the same period, with 18 companies having ten or more rating agencies [3][20] - Among the buybacks, five companies had an expected buyback amount that exceeded 1% of their market value on the announcement date: Xiamen Xiangyu, Changhong Meiling, Mengbaihe, Longsheng Technology, and Hainan Huatie [3][20] - From January 1 to July 18, 2025, 241 companies announced shareholder increases, with 63 having ten or more rating agencies [3][17] - Of these, 19 companies had an expected increase amount that exceeded 1% of their market value, including New Energy, Tunnel Co., Sailun Tire, and Wanrun Co. [3][17] Group 3: Buyback Situation - From January 1 to July 18, 2025, 1587 companies announced buyback progress, with 346 having ten or more rating agencies [3][21] - Among these, 97 companies had a buyback amount that exceeded 1% of their market value on the announcement date [3][21] - Companies in the board proposal stage include Jiayi Co., Haixing Electric, Huaming Equipment, Jinfa Technology, Shantui Co., Sanofi Biological, Liugong, Mosi Co., Muyuan Co., New Continent, and Jiajia Yue [3][21]

Group 1 - The company Ice Wheel Environment focuses on providing advanced system solutions and full lifecycle services in the energy and power sectors, with main products including compressors and heat exchangers operating in a temperature range of -271℃ to 200℃ [1] - The company's products are applied in various fields such as food freezing, chemical production, and rail transportation, and it provides cooling equipment and heat exchange devices for data centers, recognized in the Ministry of Industry and Information Technology's directory of advanced applicable technologies for national green data centers [1] - In the nuclear power sector, the company has developed technologies for nuclear island cooling and nuclear energy heating, serving multiple nuclear power plants and possessing extensive domestic and international case studies, making it a global service provider for nuclear island refrigeration machines [1] Group 2 - The company has also ventured into the field of controlled nuclear fusion, developing ultra-low temperature helium compressors for magnetic confinement fusion devices, filling a domestic gap and supplying the Chinese Academy of Sciences' national laboratory [1] - In the marine economy, the company is laying out smart solutions for ship and marine green energy systems, providing marine refrigeration machines and BOG re-liquefaction devices to support deep-sea fishing and seafood processing vessels [1]

Group 1: Company Overview and Product Offerings - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with key products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [2]. - The company has developed a full range of magnetic levitation compressor products, showcasing significant technological advantages and market performance, particularly in the Beijing Winter Olympic Village project [2]. - The company participates in drafting national standards for centrifugal refrigerant compressors and oil-free suspended centrifugal chillers [2]. Group 2: Applications in Data Centers - The company’s subsidiaries provide cooling equipment for data centers, including variable frequency centrifugal chillers and integrated natural cooling screw chillers, which are listed in the Ministry of Industry and Information Technology's directory of advanced applicable technologies [2]. - Successful projects include major data centers for national supercomputing and various banks, with a strong presence in North America, Australia, Southeast Asia, and the Middle East [2]. - Upcoming product launches include upgraded IDC-specific magnetic levitation and gas suspension series products, enhancing competitiveness [2]. Group 3: Nuclear Power Industry Solutions - The company focuses on core scenarios in nuclear power, developing technologies for nuclear island cooling and heat recovery, supporting the safe and efficient use of clean energy [3]. - It has supplied products to numerous nuclear power stations across China, including major projects like Hongyanhe and Ningde [3]. - The company is recognized for its contributions to the development of cooling systems for nuclear power plants, with extensive domestic and international case studies [3]. Group 4: Industrial Heat Management - The company is a pioneer in industrial heat pump technology, offering comprehensive solutions for energy recovery and utilization in line with national carbon reduction strategies [4]. - Key subsidiary Beijing Huayuan Taimao has been recognized as a national-level specialized "little giant" enterprise, holding numerous patents and awards for its innovative technologies [4]. - The company’s technologies have been included in national energy-saving technology directories and have received multiple awards for their contributions to energy efficiency [4]. Group 5: Marine Economy and Product Layout - The company is committed to high-quality development in the marine economy, focusing on providing smart solutions for deep-sea fishing and seafood processing [5]. - Its marine refrigeration systems are widely used in large fishing vessels and processing ships, with a strong emphasis on low-carbon and intelligent development [5]. - Recent achievements include recognition for key technologies in marine green energy systems, contributing to the integration of low-carbon energy solutions [5].

Group 1: Company Overview and Product Offerings - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [2] - The company has developed a full range of magnetic levitation compressor products, showcasing significant technological advantages and market performance, particularly noted during the Beijing Winter Olympics [2] - The company is involved in drafting national standards for centrifugal refrigerant compressors and oil-free suspended centrifugal chillers [2] Group 2: Applications in Data Centers - The company’s subsidiaries provide cooling equipment for data centers, including variable frequency centrifugal chillers and integrated natural cooling function screw chillers, which are listed in the Ministry of Industry and Information Technology's directory of advanced applicable technologies [2] - Successful projects include major data centers across China, such as the National Supercomputing Center in Guangzhou and various banks and telecom companies [2] - The company plans to launch upgraded products for data centers in July 2024, enhancing its competitive edge [2] Group 3: Nuclear Power Industry Products - The company has developed innovative technologies for nuclear power applications, focusing on core scenarios like nuclear island cooling and heat recovery [3] - It has supplied products to several nuclear power stations in China, ensuring safe and efficient operation [3] - The company is recognized for its contributions to the development of cooling systems for nuclear power plants, with extensive domestic and international case studies [3] Group 4: Industrial Heat Management - The company is a pioneer in industrial heat pump technology, promoting a comprehensive solution for industrial heat control [4] - It has been recognized as a national-level specialized "little giant" enterprise, with numerous patents and awards for its innovative technologies [4] - The company’s technologies are included in national energy-saving technology directories and have received various national awards [4] Group 5: Marine Economy Product Layout - The company is committed to high-quality development in the marine economy, focusing on ship refrigeration systems as a traditional strength [5] - It provides comprehensive smart solutions for deep-sea fishing and seafood processing industries, with certified ship refrigeration products widely used [5] - The company is actively developing low-carbon energy systems for marine applications, aligning with current industry demands [5]

Group 1: Company Overview and Product Offerings - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [2]. - The company has developed a full range of magnetic levitation compressor products, showcasing significant technological advantages and market performance, particularly in the Beijing Winter Olympic Village project [2]. - The company is involved in drafting national standards for centrifugal refrigerant compressors and oil-free suspended centrifugal chillers [2]. Group 2: Applications in Various Industries - The company’s products are utilized in various sectors, including food freezing and refrigeration, chemical production, rail transportation, and data centers [2]. - The company’s subsidiary, Dunham-Bush, provides cooling equipment for data centers, with products recognized in the Ministry of Industry and Information Technology's directory of advanced applicable technologies [2]. - The company has successfully served numerous data center projects domestically and internationally, including partnerships in North America, Australia, Southeast Asia, and the Middle East [2]. Group 3: Nuclear Power Sector - The company has developed innovative technologies for nuclear power applications, focusing on core scenarios such as nuclear island cooling and heat recovery [3]. - The company has supplied products to several nuclear power stations in China, enhancing safety and efficiency in nuclear energy utilization [3]. - Dunham-Bush is recognized as a leading service provider in the nuclear island refrigeration market, with over 20 years of experience [3]. Group 4: Industrial Heat Management - The company is a pioneer in industrial heat pump technology, promoting a comprehensive solution for industrial heat control [4]. - The subsidiary, Beijing Huayuan Taime Energy Saving Equipment Co., Ltd., has been recognized as a national-level specialized "little giant" enterprise, holding numerous patents and awards [4]. - The company’s technologies have been included in national energy-saving technology directories and have received various national awards for innovation [4]. Group 5: Marine Economy and Low-Carbon Solutions - The company is committed to high-quality development in the marine economy, providing comprehensive smart solutions for the fishing and seafood processing industries [5]. - The company has developed low-carbon energy systems for marine applications, including LNG cold energy recovery and intelligent energy management systems [5]. - The company’s marine refrigeration systems are widely used in large fishing vessels and processing ships, aligning with national low-carbon development goals [5].

Group 1: Company Overview and Product Offerings - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [2]. - The company has developed a full range of magnetic levitation compressor products, showcasing significant technological advantages and market performance, particularly noted during the Beijing Winter Olympics [2]. - The company participates in drafting national standards for centrifugal refrigerant compressors and oil-free suspended centrifugal chillers [2]. Group 2: Applications in Data Centers - The company’s subsidiaries provide cooling equipment for data centers, including variable frequency centrifugal chillers and integrated natural cooling function air-cooled screw chillers, which are listed in the Ministry of Industry and Information Technology's directory of advanced applicable technologies for national green data centers [2]. - Successful projects include major data centers for national supercomputing and various banks, with ongoing collaborations in North America, Australia, Southeast Asia, and the Middle East [2]. Group 3: Nuclear Power Industry Products - The company has developed innovative technologies for nuclear power applications, focusing on core scenarios such as nuclear island cooling and heat recovery [3]. - It has supplied products to several nuclear power stations in China, including Hongyanhe and Ningde, and is recognized for its extensive experience in the nuclear refrigeration market [3]. Group 4: Industrial Heat Management - The company is a pioneer in industrial heat pump technology, promoting a comprehensive solution for industrial heat control that integrates multi-source and multi-level system technologies [4]. - The subsidiary Beijing Huayuan Taime Energy Equipment has been recognized as a national-level specialized "little giant" enterprise, holding 96 patents and 33 software copyrights [4]. Group 5: Marine Economy Product Layout - The company is committed to high-quality development in the marine economy, providing comprehensive smart solutions for the fishing and seafood processing industries [5]. - Recent innovations include low-carbon energy systems for ships and offshore platforms, aligning with national low-carbon and intelligent development needs [5].

Group 1: Company Overview and Product Offerings - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [2] - The company has developed a full range of magnetic levitation compressor products, showcasing significant technological advantages and market performance, particularly highlighted during the Beijing Winter Olympics [2] - Key industries served include food freezing and refrigeration, chemical production, industrial cooling systems, and special air conditioning for data centers and clean rooms [2] Group 2: Innovations in Nuclear Fusion and Low-Temperature Applications - The company successfully developed a helium compressor for superconducting magnets used in nuclear fusion devices, filling a domestic gap and supplying to major national research projects [2][4] - The helium compressor is part of a large low-temperature refrigeration system capable of achieving near absolute zero temperatures, essential for advanced scientific research [2] Group 3: Data Center Solutions - The company’s subsidiaries provide cooling equipment for data centers, including variable frequency centrifugal chillers and integrated natural cooling systems, which have been recognized in the national green data center technology directory [3] - Successful projects include collaborations with major data centers across China and partnerships with local integrators in North America, Australia, Southeast Asia, and the Middle East [3] Group 4: Nuclear Power Industry Applications - The company has developed innovative technologies for nuclear power cooling and heat recovery, supporting the safe and efficient operation of nuclear power plants [4][5] - Recent projects include providing cooling solutions for multiple nuclear power stations in China, enhancing the reliability and efficiency of nuclear energy utilization [4] Group 5: Industrial Heat Management Solutions - The company is a pioneer in industrial heat pump technology, focusing on creating comprehensive heat control solutions that integrate multi-source and multi-level system technologies [6] - The company has been recognized for its innovative technologies, including a national champion product in absorption heat exchangers and various patents in energy recovery and utilization [6]