证券代码：001230 证券简称：劲旅环境 公告编号：2025-057 重要内容提示： 8、股份授予方名称：劲旅环境科技股份有限公司回购专用证券账户 根据《上市公司股权激励管理办法》《深圳证券交易所上市公司自律监管指 南第 1 号——业务办理》及中国证券登记结算有限责任公司深圳分公司有关规则 的规定，劲旅环境科技股份有限公司(以下简称"公司"或"本公司")完成了 2025 年限制性股票激励计划(以下简称"本次激励计划")的授予登记工作，现 将相关内容公告如下： 一、本次激励计划已履行的相关审批程序 （一）2025 年 7 月 11 日，公司召开第二届董事会第二十一次会议，审议通 过了《关于劲旅环境科技股份有限公司 2025 年限制性股票激励计划（草案）及 其摘要的议案》《关于劲旅环境科技股份有限公司 2025 年限制性股票激励计划 1、本次激励计划授予股份数量：1,000,040 股 2、占授予前上市公司总股本的比例：0.75% 3、本次授予限制性股票股份来源：回购 4、本次授予限制性股票总人数：9 人（其中 1 人与新增股份重复） 5、限制性股票授予完成日：2025 年 9 月 26 日 6、授予价格：11 ...

Group 1 - The waste classification concept declined by 1.43%, ranking among the top declines in the concept sector, with stocks like Fulongma hitting the limit down [1] - Among the stocks in the waste classification sector, 15 stocks saw price increases, with Huazi Technology, GreenMe, and Zhongchuang Environmental rising by 8.58%, 2.90%, and 2.87% respectively [1][5] - The main funds in the waste classification sector experienced a net outflow of 895 million yuan, with 66 stocks seeing net outflows, and Fulongma leading with a net outflow of 393 million yuan [2][5] Group 2 - The top gainers in the waste classification sector included GreenMe, Huazi Technology, and Huahong Technology, with net inflows of 198 million yuan, 54.65 million yuan, and 21.02 million yuan respectively [2][5] - The stocks with the largest net outflows included Beihua Co., Chuanrun Co., and Qidi Environment, with net outflows of 137 million yuan, 112 million yuan, and 101 million yuan respectively [2][5] - The trading volume for Fulongma was notably high, with a turnover rate of 33.98% and a price drop of 10% [2][5]

Group 1 - The stock of Jintour Environment (001230.SZ) closed at 23.72 yuan, with a decline of 6.13%, currently in a state of breaking issue [1] - Jintour Environment was listed on the Shenzhen Stock Exchange on July 15, 2022, with an issuance price of 34.51 yuan per share and a total of 27,848,337 shares issued [1] - The highest stock price recorded on the first day of listing was 49.69 yuan, which remains the highest price since its listing [1] Group 2 - The total amount raised from the issuance was 961.0461 million yuan, with a net amount of 820.2627 million yuan after expenses [1] - The funds raised are intended for urban and rural sanitation project funding, equipment manufacturing capacity enhancement, and smart sanitation information system upgrades [1] - The total issuance costs amounted to 140.7834 million yuan, with the underwriting fees to Guoyuan Securities totaling 98.9348 million yuan [1] Group 3 - Jintour Environment announced its 2023 annual equity distribution plan, proposing a cash dividend of 3.50 yuan for every 10 shares and a capital reserve increase of 2 shares for every 10 shares [2] - The record date for the distribution is set for June 5, 2024, and the ex-dividend date is June 6, 2024 [2]

Summary of the Conference Call for Jinglv Environment Industry Overview - Jinglv Environment is transitioning from early equipment manufacturing to urban operation services, with service revenue now accounting for 60% and equipment revenue for 40% [2][6][5] - The market for unmanned sanitation vehicles is expected to open significantly, with project totals estimated to exceed 100 billion yuan in the first half of 2025 and an annual market size projected to surpass 300 billion yuan [2][12] Key Points and Arguments Business Structure and Revenue Composition - The company’s main business segments include equipment, urban operation services, and smart sanitation operations [3] - The revenue composition has shifted from primarily equipment manufacturing to a more balanced approach, with a significant increase in service revenue since 2015 [6] - The company has approximately 270 million yuan in hand orders and expects revenue to double in 2025 due to adjustments in fiscal spending [2][6] Unmanned Sanitation Vehicle Development - The company plans to deploy around 50 unmanned sanitation vehicles in 2025, with 60% for internal projects and 40% for external sales [2][7][8] - The cost of unmanned sanitation vehicles has significantly decreased, with prices dropping from over 800,000 yuan to around 100,000-200,000 yuan [2][10] - Unmanned vehicles can replace 3-4 workers, saving approximately 120,000 yuan annually, with a payback period of 2-3 years [11] Market Dynamics and Growth Potential - The unmanned sanitation market is rapidly expanding, with over 100 projects opened in the first half of 2025, indicating a growing demand for automation in sanitation [9] - The market remains fragmented with no dominant players, leading to slower growth rates but significant potential for expansion [12] Cost Structure and Economic Efficiency - The hardware costs of unmanned vehicles account for 40%-50% of total costs, with the remaining costs attributed to smart driving algorithms [15] - The company utilizes NVIDIA's Orin chip for its rich ecosystem and ease of technology transfer [16] - The average labor cost is low due to the company's origins in rural sanitation projects, where wages are significantly lower [29][28] Long-term Contracts and Profitability - The company has long-term contracts ranging from 10 to 30 years, with an average order cycle of 10-15 years [31] - The bidding bottom line for new urban projects is set at a net profit margin of around 10% [33] - Opportunities for price adjustments exist in long-term contracts based on wage levels or fuel prices [34] Research and Development - The R&D team consists of approximately 30 members, focusing on software algorithms and hardware development [17] - The company does not anticipate needing significant additional funding for R&D as the unmanned technology matures [18] Challenges and Future Outlook - The equipment revenue has faced pressure due to seasonal order patterns, with significant order confirmations expected in the second half of 2025 [36] - The company is well-positioned to capitalize on the growing demand for unmanned sanitation solutions, with a focus on technological advancements and cost efficiencies [2][12][19] Additional Important Insights - The company has established a subsidiary, Shanghai Xunming, to independently operate and cater to B-end clients [14] - The operational costs are kept low through mechanization and technological empowerment, enhancing overall efficiency [29][30]

Core Viewpoint - The company, Jinglv Environment, has developed autonomous sanitation equipment for urban non-motorized road scenarios and closed or semi-closed environments, with plans to launch these products in the second half of 2025 [1] Product Development - The company has created a full range of small, medium, and large street sweepers, with capacities ranging from under 0.5 tons to over 2 tons, designed for various operational environments from narrow sidewalks to wider non-motorized lanes [1] - Future plans include accelerating product upgrades, reducing costs, and quickly launching the third generation of fully self-developed intelligent driving products [1] Technological Integration - The company is focusing on the development of a picking robot that combines robotic intelligence with autonomous driving technology, aimed at collecting scattered waste in outdoor and landscaping scenarios [1]

Group 1: Market Outlook and Product Development - The unmanned sanitation market is experiencing rapid growth, with over 100 projects launched by mid-2025, indicating a significant increase in market penetration [3] - The company has developed unmanned sanitation equipment for urban non-motorized paths and enclosed environments, featuring autonomous driving and 5G remote monitoring capabilities [3] - The company plans to officially launch its products to the external market in the second half of 2025 [3] Group 2: Research and Development Investment - The company's R&D expenses are primarily from traditional equipment development, with full self-research on unmanned driving algorithms starting in 2024 [3] - The company aims to control investment pace and steadily advance R&D, considering the differences between low-speed unmanned sanitation and passenger vehicle applications [3] Group 3: Cost Efficiency and Competitive Advantage - Unmanned sanitation vehicles are expected to be cheaper than traditional vehicles due to the elimination of the driver's cabin, which reduces design, production, and labor costs [4] - The average labor cost of the company is lower than its peers due to project structures focusing on rural and township sanitation operations, where wage levels are generally lower [5] Group 4: Equipment Revenue and Market Strategy - The company anticipates challenges in equipment revenue due to a typical one-year cycle from project bidding to completion, with potential delays in equipment procurement [5] - The company plans to increase production capacity and accelerate the conversion of new and existing orders in the second half of the year [5] Group 5: Future Growth and Business Expansion - The unmanned application is expected to see significant growth in the next 2-3 years, driven by declining hardware costs and improved policy support [6] - In the short term, the company prefers to expand unmanned business through service projects to quickly capture market share, while long-term goals include expanding into external markets as production capacity and technology mature [6]

劲旅环境科技股份有限公司 关于 2025 年限制性股票激励计划授予登记 完成的公告（新增股份） 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、误导性陈述或重大遗漏。 重要内容提示： 根据《上市公司股权激励管理办法》《深圳证券交易所上市公司自律监管指 南第 1 号——业务办理》及中国证券登记结算有限责任公司深圳分公司有关规则 的规定，劲旅环境科技股份有限公司(以下简称"公司"或"本公司")完成了 2025 年限制性股票激励计划(以下简称"本次激励计划")的授予登记工作，现 将相关内容公告如下： 证券代码：001230 证券简称：劲旅环境 公告编号：2025-056 一、本次激励计划已履行的相关审批程序 （一）2025 年 7 月 11 日，公司召开第二届董事会第二十一次会议，审议通 过了《关于劲旅环境科技股份有限公司 2025 年限制性股票激励计划（草案）及 其摘要的议案》《关于劲旅环境科技股份有限公司 2025 年限制性股票激励计划 实施考核管理办法的议案》《关于提请股东大会授权董事会办理公司 2025 年限 制性股票激励计划相关事宜的议案》等相关议案。公司拟向 22 名激励对象授 ...

Group 1 - The core viewpoint of the news is that Jinlv Environment's stock has experienced fluctuations, with a current price of 24.01 CNY per share and a market capitalization of 3.205 billion CNY [1] - The company has seen a year-to-date stock price increase of 47.64%, with a recent 5-day increase of 1.01% and a 20-day decrease of 3.96% [2] - Jinlv Environment has been active in the stock market, appearing on the "Dragon and Tiger List" three times this year, with the latest appearance on June 3, where it recorded a net purchase of 9.6873 million CNY [2] Group 2 - The company's main business involves investment operation management services and equipment manufacturing in the environmental sanitation sector, with revenue composition being 52.33% from franchise rights, 41.34% from traditional urban and rural sanitation, and 6.25% from equipment manufacturing and sales [2] - As of June 30, the number of shareholders for Jinlv Environment was 16,500, an increase of 16.87% from the previous period, while the average circulating shares per person decreased by 14.43% [2] - For the first half of 2025, Jinlv Environment achieved an operating income of 782 million CNY, a year-on-year increase of 1.70%, and a net profit attributable to shareholders of 78.6865 million CNY, a year-on-year increase of 13.73% [2] Group 3 - Since its A-share listing, Jinlv Environment has distributed a total of 103 million CNY in dividends [3]

Group 1 - Shudao Equipment's subsidiary signed a construction contract worth 24.68 million yuan for a hydrogen fuel cell manufacturing base project [1] - Zhongliang Technology received a land acquisition compensation of 30 million yuan from the government [2] - Palm Holdings won a bid for a high-standard farmland construction project in Lankao County, with a contract value of 433 million yuan, accounting for 14.12% of the company's audited revenue for 2024 [3] Group 2 - Changchun Yidong's subsidiary received a government subsidy of 2.85 million yuan, which is 122.78% of the company's audited net profit for the last fiscal year [4] - Wuzhou Transportation successfully issued 200 million yuan in medium-term notes with an interest rate of 2.10% [5][6] - Tiandi Source's subsidiary plans to apply for a trust loan of up to 500 million yuan from related parties [8] Group 3 - Tiandi Source's subsidiary acquired a residential land use right in Xi'an for 2.015 billion yuan [9] - Opcon Vision received a medical device registration certificate for its ultrasonic nebulizer [11] - Jingjiawei announced the resignation of its vice president due to personal reasons [13] Group 4 - Fulinh Precision's subsidiary received a prepayment of 1.5 billion yuan from CATL for securing lithium iron phosphate material supply [15] - Yunzhu Technology's subsidiary received a government subsidy of 20.12 million yuan [16] - Kehua Bio's ferritin test kit received a medical device registration certificate [17] Group 5 - Jinghua Pharmaceutical's medical sodium alginate wound dressing received a medical device registration certificate [18] - Lingwei Technology established a wholly-owned subsidiary with a registered capital of 1 million yuan [19] - Sanwei Co. won a bid for concrete sleeper procurement projects worth 158 million yuan [20] Group 6 - Shanghai Pharmaceuticals' Nicardipine tablets passed the consistency evaluation for generic drugs [21] - Lushan New Materials increased its idle fund management limit to 750 million yuan [24] - Huayi Technology announced the retirement of a core technical staff member [25] Group 7 - Yingli Environment plans to use up to 300 million yuan of idle raised funds for cash management [30] - Yong'an Forestry plans to develop a national reserve forest project in Putian, Fujian, with an estimated investment of 154 million yuan [32] - Xinyuan Technology's shareholders plan to reduce their holdings by up to 3.18% of the company's shares [60]

国元证券股份有限公司关于 劲旅环境科技股份有限公司使用闲置募集资金 进行现金管理的核查意见 国元证券股份有限公司（以下简称"国元证券"或"保荐机构"）作为劲旅 环境科技股份有限公司（以下简称"劲旅环境"或"公司"）首次公开发行股票 并上市的保荐机构，根据《上市公司募集资金监管规则》《深圳证券交易所股票 上市规则》《深圳证券交易所上市公司自律监管指引第 1 号—主板上市公司规范 运作》等有关规定的要求，对劲旅环境使用闲置募集资金进行现金管理事项进行 了审慎核查，并出具核查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准劲旅环境科技股份有限公司首次公开 发行股票的批复》（证监许可[2022]1104 号），劲旅环境科技股份有限公司（以 下简称"公司"）公开发行人民币普通股（A 股）27,848,337 股。本次募集资金 采用公开发行方式实际共计发行人民币普通股（A 股）27,848,337 股，每股面值 人民币 1.00 元，每股发行价格为人民币 34.51 元，共计募集资金总额人民币 961,046,109.87 元，减除发行费用人民币（不含税）140,783,409.87 元后，本次募 集 ...