证券代码：000885 证券简称：城发环境 公告编号：2025-039 城发环境股份有限公司 网上集体接待日活动的公告 关于 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、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，城发环境股份有限公司（以下简称"公司"） 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"(http://rs.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：公司董事会秘书李飞飞先生及相关工 作人员（如有特殊情况，参会人员将可能进行调整），欢迎广大投资者积极参与。 特此公告。 城发环境股份有限公司董事会 2025 年 5 月 16 日 关于参加河南辖区上市公司 2025 年投资者 ...

Group 1: Financial Performance - In 2024, the company achieved a revenue of CNY 6.611 billion, a year-on-year increase of 1.36% [1] - Main business revenue reached CNY 6.390 billion, up 2.39%, accounting for 96.66% of total revenue [2] - Net profit was CNY 1.229 billion, an increase of 4.16% year-on-year [2] - Total assets amounted to CNY 30.708 billion, up 5.42% year-on-year, with a debt-to-asset ratio of 68.88%, down 2 percentage points [2] Group 2: Strategic Goals and Initiatives - The company aims to become an internationally renowned environmental technology group, focusing on "优新提存" to optimize its environmental industry layout [2] - Emphasis on "三基一稳一突破" to strengthen foundational work and promote innovative breakthroughs [2] - Plans to enhance core capabilities in technology innovation, digital intelligence, and capital operations [2] Group 3: Business Growth and Development - In Q1 2025, total profit reached CNY 0.379 billion, a year-on-year increase of 21.16% [3] - Revenue for Q1 2025 was CNY 1.536 billion, up 13.19% year-on-year, with a gross margin of 39.57% [3] - The company is focusing on solid waste management, water treatment, and environmental sanitation as key growth areas [8][19] Group 4: Asset Management and Financial Strategies - The company is enhancing stock asset management through improved production budget management and cost control [5][6] - Measures to recover accounts receivable include establishing a cloud platform and leveraging national debt relief policies [6][17] - The company aims to lower its debt costs and optimize its financial structure through diversified financing strategies [6] Group 5: Market Expansion and Innovation - The company is actively pursuing integration in the water supply and drainage sector, with successful pilot projects in Xinyang [8][19] - Plans to develop a recycling platform and enhance resource recovery through smart logistics and detailed sorting [10][19] - The acquisition of Aolande is expected to strengthen market presence and operational capabilities in the sanitation sector [15][16] Group 6: Future Business Layout - The company plans to expand its core solid waste business and develop growth areas such as water services and overseas markets [19] - Focus on nurturing exploratory businesses in environmental equipment manufacturing and carbon trading [19] - Continuous optimization of existing business layout to enhance overall operational efficiency [19]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000885 证券简称：城发环境 公告编号：2025-038 城发环境股份有限公司 关于召开2024年度现场业绩说明会及 2025年第一次投资者现场交流会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或者重大 遗漏。 城发环境股份有限公司（以下简称"公司"）于2025年4月23日召开公司第七届董事会第三十四次董事 会，并于2025年4月25日发布了公司2024年度报告全文及摘要、2025年第一季度报告。2024年度报告全 文及摘要将于2025年5月20日提交公司2024年度股东大会审议。 为便于广大投资者更深入全面地了解2024年度报告、2025年第一季度报告及公司经营情况，公司定于 2025年5月15日（星期四）10:00-12:00在河南省郑州市郑东新区嘉苑路38号城发环境研发中心1楼举办城 发环境股份有限公司2024年度现场业绩说明会、2025年第一次投资者现场交流会，将针对2024年度、 2025年第一季度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，就投资者普遍关注的问 题进行回答。现将 ...

证券代码：000885 证券简称：城发环境 公告编号：2025-038 城发环境股份有限公司 关于召开 2024 年度现场业绩说明会及 2025 年第一次投资者现场交流会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 城发环境股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开公司第七 届董事会第三十四次董事会，并于 2025 年 4 月 25 日发布了公司 2024 年度报告全文 及摘要、2025 年第一季度报告。2024 年度报告全文及摘要将于 2025 年 5 月 20 日提 交公司 2024 年度股东大会审议。 为便于广大投资者更深入全面地了解 2024 年度报告、2025 年第一季度报告及公 司经营情况，公司定于 2025 年 5 月 15 日（星期四）10:00-12:00 在河南省郑州市郑 东新区嘉苑路 38 号城发环境研发中心 1 楼举办城发环境股份有限公司 2024 年度现 场业绩说明会、2025 年第一次投资者现场交流会，将针对 2024 年度、2025 年第一 季度经营成果及财务指标的具体情况与投资者进行互动交 ...

Core Insights - The company reported steady growth in performance, with an increase in revenue and net profit for both 2024 and Q1 2025, driven by its environmental operations and stable cash flow from highway business [2][5] Financial Performance - In 2024, the company achieved operating revenue of 6.611 billion yuan, a year-on-year increase of 1% - The net profit attributable to shareholders was 1.141 billion yuan, up 6% year-on-year - For Q1 2025, operating revenue reached 1.536 billion yuan, reflecting a 13% year-on-year growth - The net profit attributable to shareholders for Q1 2025 was 273 million yuan, a 22% increase year-on-year [1][2] Business Segments - Solid waste treatment and sanitation services generated revenue of 3.388 billion yuan, a 27% increase year-on-year, with a gross margin of 40.78% - Environmental solution integration services saw revenue decline by 28% to 1.268 billion yuan, but gross margin improved by 2.09 percentage points to 24.74% - Water treatment business revenue increased by 22% to 383 million yuan - Highway business revenue decreased by 6% to 1.350 billion yuan [2][3] Operational Efficiency - In solid waste management, the company processed 11.6672 million tons of waste, a 13.12% increase, and generated 3.42 billion kWh of electricity, an 18.04% increase - The hazardous waste disposal projects significantly increased processing volume to 48,300 tons, a 94.15% year-on-year growth - The company expanded its sanitation services, winning 10 new projects in Henan province and acquiring three sanitation projects, resulting in a contract value increase of 90.78% [3][4] Water and Highway Business - The water treatment segment benefited from integrated management, achieving a wastewater treatment volume of 2.22 billion tons, a 136.84% increase - The highway business experienced a decline in toll revenue to 1.313 billion yuan, down 5.52% due to reduced truck traffic, but maintained stable cash flow [4][5] Profit Forecast - The company is expected to achieve operating revenues of 6.796 billion yuan, 7.269 billion yuan, and 7.875 billion yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 2.80%, 6.96%, and 8.34% - Net profits are projected to be 1.227 billion yuan, 1.379 billion yuan, and 1.546 billion yuan for the same years, with growth rates of 7.48%, 12.37%, and 12.16% [5]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has shown steady growth in operational business and a gradual increase in dividends. The performance for 2024 and Q1 2025 aligns with expectations, with total revenue of 6.611 billion yuan in 2024 (up 1.36% year-on-year) and a net profit attributable to shareholders of 1.141 billion yuan (up 6.18% year-on-year) [6] - The company is actively expanding its waste incineration operations and enhancing sanitation services, with a significant increase in waste volume and energy generation. The company is also exploring resource recovery initiatives [6] - The water supply model in Xinyang is being successfully implemented and is expected to be replicated in other regions, with multiple wastewater projects being awarded [6] - The highway operations remain stable, with ongoing feasibility studies for potential upgrades [6] - Although operating cash flow has decreased, capital expenditures have significantly dropped, allowing for an increase in dividends [6] Financial Data and Profit Forecast - Total revenue is projected to be 6.740 billion yuan in 2025, with a year-on-year growth rate of 2.0% [5] - The net profit attributable to shareholders is expected to reach 1.187 billion yuan in 2025, reflecting a 4.0% year-on-year increase [5] - Earnings per share are forecasted to be 1.85 yuan in 2025, with a gross margin of 41.0% [5] - The return on equity (ROE) is projected to be 12.6% in 2025 [5] - The company is expected to maintain a price-to-earnings (PE) ratio of 8 in 2025, decreasing to 7 in subsequent years [5]

Core Points - The company successfully issued the first phase of its 2025 green medium-term notes, raising a total of 500 million RMB [1][2] - The company received approval for a total medium-term note registration amounting to 1.5 billion RMB, valid for two years from the date of the acceptance notice [1] - The funds raised from this issuance have been confirmed to be received as of April 24, 2025 [1]

Core Viewpoint - The green power sector has shown a positive performance with a 1.35% increase, ranking 7th among concept sectors, driven by significant gains in several stocks [1][2]. Group 1: Stock Performance - 211 stocks within the green power sector experienced gains, with notable performers including Jiuzhou Group, which hit a 20% limit up, and Huayin Power, Huadian Energy, and Dongbei Group also reaching their limit up [1]. - Other significant gainers included Tianfu Energy, Chengfa Environment, and Leshan Power, which rose by 9.13%, 8.33%, and 7.15% respectively [1]. - Conversely, stocks such as Xingguang Co., Shengyuan Environmental Protection, and Jinming Precision Machinery faced declines of 9.76%, 5.91%, and 5.70% respectively [1]. Group 2: Capital Inflow - The green power sector attracted a net inflow of 1.756 billion yuan, with 133 stocks receiving net inflows, and 10 stocks exceeding 100 million yuan in net inflow [2]. - Jiuzhou Group led the inflow with 388 million yuan, followed by Mingxing Power and Changyuan Power with inflows of 384 million yuan and 192 million yuan respectively [2]. - The top stocks by net inflow ratio included Dongbei Group, Huayin Power, and Huangshi Group, with net inflow ratios of 70.07%, 69.64%, and 44.50% respectively [3].

关于 2025 年度第一期绿色两新中期票据发行结果的 证券代码：000885 证券简称：城发环境 公告编号：2025-038 城发环境股份有限公司 | 债券名称 | 城发环境股份有限公司 2025 | | | | 25 | 城发环境 MTN001（绿色两 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 年度第一期绿色两新中期票据 | | | 债券简称 | 新） | | | | 债券代码 | 102581789 | | | 期限 | 3 年 | | | | 起息日 | 2025 4 24 日 | 年 | 月 | 兑付日 | 2028 年 | 4 月 | 24 日 | | 计划发行总额 | 5 亿元人民币 | | | 实际发行总额 | 5 | 亿元人民币 | | | 发行利率 | 2.10% | | | 发行价格 | 100 | 元/百元面值 | | | 簿记管理人 | 招商银行股份有限公司 | | --- | --- | | 主承销商 | 招商银行股份有限公司 | | 联席主承销商 | 中国光大银行股份有限公司,平安银行股份有限公司 | 本次发 ...

Core Viewpoint - The company, Chengfa Environment Co., Ltd., reported a slight increase in revenue and net profit for the year 2024, with a focus on solid waste treatment and environmental services, while also announcing a cash dividend distribution plan for shareholders [3][15][17]. Company Overview - Chengfa Environment achieved operating revenue of 661,066.83 million yuan, a year-on-year increase of 1.36%, and a net profit attributable to shareholders of 114,146.86 million yuan, up 6.18% year-on-year [3]. - The company primarily engages in solid waste treatment, including household waste incineration power generation, hazardous waste disposal, and organic waste treatment [3][6]. Business Segments Solid Waste Treatment - The company operates 32 controlled waste incineration projects with a total processing capacity of 28,550 tons per day, and has additional projects in various stages of operation [5]. - The waste incineration business is conducted mainly through BOT (Build-Operate-Transfer) models, with a typical operational period of 20 to 30 years [4]. Environmental Hygiene Services - The environmental hygiene services include cleaning, waste collection, and management, utilizing IoT and big data technologies to enhance service delivery [7]. - The company operates 37 projects in this segment, with an annual contract value of approximately 760 million yuan [7]. Water Treatment - The water treatment segment encompasses both water supply and sewage treatment, with a total supply and drainage capacity of 165.87 tons per day [8]. - The company has 25 sewage treatment projects and 5 water supply projects, with ongoing construction for additional capacity [8]. Integrated Environmental Solutions - The company provides integrated environmental solutions, including design, consulting, and project management, primarily through an EPC (Engineering, Procurement, and Construction) model [9][10]. Highway Operations - The highway business involves the operation and maintenance of toll highways, with a total operational mileage of 255.36 kilometers [10]. Financial Highlights - The company plans to distribute a cash dividend of 3.56 yuan per 10 shares, totaling approximately 228.58 million yuan, which represents 20.03% of the net profit attributable to shareholders [15][17]. - The company reported a cumulative undistributed profit of 6,158.99 million yuan at the end of 2024 [14]. Credit Rating - The company's credit rating was upgraded from "AA+" to "AAA" by China Chengxin International Credit Rating Co., Ltd., reflecting its strategic importance in ecological protection and solid waste management in Henan Province [12].