Group 1 - The Shanghai Composite Index closed at 3591.26 points, with a decline of 0.68%, and the total trading volume of A-shares reached 1,157.801 billion yuan [1] - A total of 79 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [1] - The stocks with the largest distance between the 5-day and 10-day moving averages included Zhejiang Dongri at -1.23%, Yaopi Glass at -1.16%, and Beijing Keri at -1.02% [1] Group 2 - Specific stocks showing a death cross include: - Zhejiang Dongri (code: 600113) with a price of 28.35 yuan, down 3.17% [1] - Yaopi Glass (code: 600819) with a price of 6.37 yuan, down 2.00% [1] - Beijing Keri (code: 002350) with a price of 6.95 yuan, down 0.57% [1] - Other notable stocks with similar patterns include: - Botao Biological (code: 688767) at 32.71 yuan, down 3.58% [1] - Dayou Energy (code: 600403) at 3.80 yuan, down 2.81% [1] - Sanor Biological (code: 300298) at 21.08 yuan, down 0.66% [1]

证券代码：000826 证券简称：启迪环境 公告编号：2025-035 启迪环境科技发展股份有限公司 关于 5%以上股东持有的公司股份被司法拍卖的 进展公告 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, 公告不存在虚假记载、误导性陈述或者重大遗漏。 启迪环境科技发展股份有限公司（以下简称"启迪环境"或"公司"）股东桑德集团有 限公司（以下简称"桑德集团"）所持公司股份 200 万股被北京市朝阳区人民法院于 2025 年 7 月 17 日 10 时至 2025 年 7 月 18 日 10 时止（延时除外）公开拍卖（详见公司于 2025 年 6 月 19 日披露的《关于 5%以上股东持有的公司股份可能被司法拍卖的提示性公告》，公告编 号：2025-030）。 现将有关股份拍卖进展情况公告如下： 一、股东股份被司法拍卖的进展情况 根据京东网司法拍卖网络平台发布的《网络竞价成功确认书》，本次网络拍卖竞价结果 如下： 刘海明通过竞买号 233776734 于 2025 年 7 月 18 日在北京市朝阳区人民法院于京东网 开展的"桑德集团有限公司持有的启迪环境 200 万股（简称：启迪环境，证券代码：00082 ...

Core Points - The announcement details the judicial auction of shares held by major shareholders of Qidi Environment Technology Development Co., Ltd. [1] - The auction took place from July 14, 2025, to July 15, 2025, with a total of 82,818,938 shares from Zhuhai Qidi Investment Co., Ltd. and 24,189,197 shares from Qidi Green Source Investment Co., Ltd. being auctioned [1][2] - The total auction price for the shares was approximately RMB 119,420,513.00 for Zhuhai Qidi and RMB 41,807,875.80 for Qidi Green Source [2][3] Shareholder Auction Details - Zhuhai Qidi Investment Co., Ltd. held 82,818,938 shares, representing 77.04% of its total holdings, while Qidi Green Source Investment Co., Ltd. held 24,189,197 shares, representing 22.5% of its total holdings [2][3] - The auction results confirmed the successful bidding for the shares, with the final transaction subject to the court's ruling [2] Future Auction Plans - An additional 2 million shares held by shareholder Sand Group Co., Ltd. are scheduled for auction from July 17, 2025, to July 18, 2025 [3] Shareholding Changes - If the auctioned shares are fully transferred, the shareholding structure of Zhuhai Qidi and Qidi Green Source will change accordingly, impacting their respective ownership percentages [4] Company Operations - As of the announcement date, the company's production and operations remain normal despite the ongoing judicial proceedings [4]

证券代码：000826 证券简称：启迪环境 公告编号：2025-034 启迪环境科技发展股份有限公司 关于 5%以上股东持有的公司股份被司法拍卖的 进展公告 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, 公告不存在虚假记载、误导性陈述或者重大遗漏。 启迪环境科技发展股份有限公司（以下简称"启迪环境"或"公司"）持股 5%以上股 东珠海启迪投资有限公司（以下简称"珠海启迪"） 所持公司股份 82,818,938 股、珠海启 迪绿源投资有限公司（以下简称"启迪绿源"） 所持公司股份 24,189,197 股被北京金融法 院于 2025 年 7 月 14 日 10 时至 2025 年 7 月 15 日 10 时止（延时除外）在京东网司法拍卖 平台上进行公开拍卖（详见公司于 2025 年 6 月 17 日披露的《关于 5%以上股东持有的公司 股份可能被司法拍卖的提示性公告》，公告编号：2025-029）。 现将有关股份拍卖进展情况公告如下： 一、股东股份被司法拍卖的进展情况 根据京东网司法拍卖网络平台发布的《网络竞价成功确认书》，本次网络拍卖竞价结果 如下： 1、广州麒正企业管理合伙企业（有限合伙）通过竞买 ...

Group 1 - The company expects a net loss attributable to shareholders of 460 million to 560 million yuan for the period from January 1, 2025, to June 30, 2025, representing a decline of 110.04% to 155.70% compared to the same period last year, which had a loss of 219.01 million yuan [1][2] - The expected basic earnings per share are projected to be a loss of 0.36 to 0.44 yuan per share, compared to a loss of 0.196 yuan per share in the previous year [1][2] - The anticipated operating revenue is estimated to be between 210 million and 250 million yuan, which is a decrease from the previous year's revenue of 249.41 million yuan [1][2] Group 2 - The primary reasons for the expected loss include significant investment losses due to the judicial transfer of subsidiary shares, lower-than-expected receivables leading to increased credit impairment losses, and higher penalties and interest due to litigation outcomes [2] - Although total financial expenses have decreased, the burden remains heavy for the company [2]

[Tus-Holdings 2025 Semi-Annual Performance Forecast](index=1&type=section&id=%E5%90%AF%E8%BF%AA%E7%8E%AF%E5%A2%83%E7%A7%91%E6%8%8A%E5%8F%91%E5%B1%95%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8%202025%20%E5%B9%B4%E5%8D%8A%E5%B9%B4%E6%8A%A5%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) [Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company anticipates a significant net loss attributable to shareholders for H1 2025, ranging from 460 million to 560 million yuan, alongside operating revenue of 2.1 billion to 2.5 billion yuan Performance Forecast Summary | Item | Current Period | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | **Loss: 460 million - 560 million yuan** | Loss: 219.0098 million yuan | | Year-on-Year Change | Decrease: 110.04% - 155.70% | - | | **Net Profit After Non-Recurring Items** | **Loss: 185 million - 285 million yuan** | Loss: 225.9742 million yuan | | Year-on-Year Change | Change: -26.12% - 18.13% | - | | **Basic Earnings Per Share** | **Loss: 0.36 - 0.44 yuan/share** | Loss: 0.196 yuan/share | | **Operating Revenue** | **2.1 billion – 2.5 billion yuan** | 2.4941492 billion yuan | [Performance Forecast Audit Status](index=1&type=section&id=II.%20Performance%20Forecast%20Pre-Audit%20Status) The current performance forecast data has not undergone pre-audit by a certified public accounting firm - This performance forecast has not been pre-audited by an accounting firm[3](index=3&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=III.%20Explanation%20of%20Performance%20Changes) The significant net loss in the current period is primarily attributed to large investment losses, increased credit impairment, higher litigation-related provisions, and a heavy financial expense burden - Key reasons for performance changes include: - Significant investment losses recognized due to judicial transfer of equity in a subsidiary - Increased credit impairment losses due to lower-than-expected collection of accounts receivable compared to the prior period - Increased provisions for liquidated damages and penalty interest based on litigation judgments compared to the prior period - Although the company's total financial expenses decreased, the burden remains heavy[4](index=4&type=chunk) [Risk Warning](index=1&type=section&id=IV.%20Risk%20Warning) This performance forecast is a preliminary estimate, with final accurate financial data subject to the officially disclosed 2025 semi-annual report, advising investor caution - This performance forecast is a preliminary estimate by the company; the specific accurate data will be based on the company's officially disclosed 2025 semi-annual report[5](index=5&type=chunk)[6](index=6&type=chunk)

Group 1 - The core viewpoint of the news highlights the recent large transaction involving Qidi Environment, where 656,000 shares were traded at a price of 2.20 yuan per share, representing a premium of 10.55% over the closing price of 1.99 yuan on the same day [1] - The transaction accounted for 1.64% of the total trading volume on that day, which was 88.19 million yuan, making it one of the highest premium cases in the large transaction market across Shanghai, Shenzhen, and Beijing [1] - On the same day, Qidi Environment's stock price slightly decreased by 0.50%, with a trading volume of 4.4485 million hands and a total market capitalization of 2.836 billion yuan [1] Group 2 - The company has reported a cumulative net loss exceeding 11 billion yuan over the past five years, with its stock price declining over 99% from its historical peak in 2015 [2] - As of July 2, the company's price-to-book ratio stood at 4.11 times, while the price-to-earnings ratio was -5.35 times, indicating significant financial distress [2] Group 3 - Qidi Environment operates in the environmental protection industry, with business segments including solid waste treatment, water management, and lithium battery sectors [1] - The company has disclosed a total litigation amount of 4.383 billion yuan and has 5.936 billion yuan in debts awaiting fulfillment, totaling over 10 billion yuan [1] - Due to failure to execute certain payments on time, the company has been listed as a dishonest executor by multiple courts [1]

Group 1 - The issuer, Tsinghua Environment Technology Development Co., Ltd., has adjusted the maturity date of the bond "19 Tsinghua G2" to 36 months starting from September 26, 2024, with the coupon rate reduced from 6.50% to 5% [2][7][20] - The bond's principal and interest payment method has changed to be handled directly by the issuer instead of through the China Securities Depository and Clearing Corporation [7][20] - The issuer has no effective credit rating as of the report date, following the termination of the credit rating by China Chengxin International Credit Rating Co., Ltd. [2][21] Group 2 - The issuer's total revenue for 2024 was 524,458.65 million yuan, a decrease of 2.92% compared to 540,243.14 million yuan in 2023 [11][12] - The main business segments include sanitation services, water supply and sewage treatment, and solid waste treatment, with sanitation services contributing 53.10% of total revenue [11][12] - The issuer reported a net loss of 308,275.14 million yuan for 2024, which is an increase in loss compared to 160,652.62 million yuan in 2023 [13][11] Group 3 - The issuer's total assets as of the end of 2024 were 207.22 billion yuan, a decrease of 12.95% from the previous year [13][11] - The issuer's total liabilities were 1,582,532.31 million yuan, with a debt-to-asset ratio of 76.37% [17][13] - The issuer's cash flow from operating activities for 2024 was 97,332.64 million yuan, showing an increase from 93,725.01 million yuan in 2023 [13][11] Group 4 - The issuer has established a special account for the bond proceeds, which has been used entirely for operational funding as per the bond prospectus [14][13] - The issuer has complied with information disclosure obligations, issuing 160 announcements in 2024 regarding various significant matters [15][13] - The issuer has faced significant legal challenges, with ongoing litigation and arbitration cases amounting to 43.83 billion yuan, which is 182.49% of the issuer's latest audited net assets [24][23]

债券代码：112978.SZ 债券简称：19启迪G2 启迪环境科技发展股份有限公司 公司债券 受托管理事务报告 （2024年度） 债券受托管理人 （北京市朝阳区建国路81号华贸中心1号写字楼22层） 2025年6月 重要声明 中德证券有限责任公司（简称"中德证券"）编制本报告涉及的内容及信息来源 于发行人公开信息披露文件、发行人向中德证券提供的资料或说明以及第三方中介 机构出具的专业意见。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关事 宜做出独立判断，而不应将本报告中的任何内容据以作为中德证券所作的承诺或声 明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，中德证券不承 担任何责任。在任何情况下，未经中德证券书面许可，不得将本报告用作其他任何 用途。 1 | | | | 第一章 | 受托管理的公司债券概况 | 3 | | --- | --- | --- | | 第二章 | 债券受托管理人履行职责情况 | 4 | | 第三章 | 发行人 2024 年度经营和财务状况 | 8 | | 第四章 | 发行人募集资金使用及专项账户运作情况与核查情况 | 13 | | 第五章 | 发行人 ...

Core Viewpoint - Tsinghua Environment, once valued at over 45 billion yuan, is now facing severe liquidity crises and debt issues, with total litigation amounts exceeding 100 billion yuan against a market value of only about 2.8 billion yuan [2][3]. Financial Performance - Tsinghua Environment's revenue has declined from 8.6 billion yuan in 2020 to 5.2 billion yuan in 2024, with cumulative losses exceeding 11 billion yuan over five years, including losses of over 4.5 billion yuan in 2021 and over 3 billion yuan in 2024 [3][4]. - As of June 27, 2025, the company's stock price was reported at 1.97 yuan, with a market capitalization of approximately 2.8 billion yuan [3]. Legal Issues - The company and its subsidiaries are involved in litigation and arbitration totaling 4.1 billion yuan, which is 182.49% of the latest audited net assets [3][4]. - Among the litigation amounts, 1.9 billion yuan is related to financial loan disputes with major banks [4]. Impact of Financial Fraud - Tsinghua Environment has been implicated in financial fraud, leading to multiple lawsuits from shareholders, with three cases still unresolved [6][7]. - The company was found to have inflated revenue and profits through false reporting, with significant discrepancies in financial statements for 2017 and 2018 [7][8]. - The financial fraud has resulted in a loss of trust, a significant drop in stock price, and challenges in refinancing and partnerships [8]. Regulatory Actions - The company faced penalties from the Hubei Securities Regulatory Bureau for financial misconduct, including a fine of 600,000 yuan and warnings to key executives [7][8]. - The media's reporting on the fraud was recognized as the "disclosure date" for legal claims, impacting the timeline for shareholder lawsuits [9][10]. Shareholder Lawsuits - A significant number of shareholder lawsuits have been filed, with many cases being withdrawn due to the expiration of the statute of limitations [11]. - The court recognized the media's reporting date as the official date of fraud disclosure, affecting the legal standing of many claims [11].