Group 1 - The core point of the article is that Zhejiang Fu Holding announced the convening of its 20th meeting of the 6th board of directors on September 24, 2025, to review the proposal for amending the company's articles of association [1] - For the first half of 2025, the revenue composition of Zhejiang Fu Holding is as follows: ecological protection and environmental governance industry accounts for 93.96%, hydropower unit equipment manufacturing accounts for 5.78%, others account for 0.22%, and energy extraction accounts for 0.05% [1] - As of the time of reporting, the market capitalization of Zhejiang Fu Holding is 20.5 billion yuan [1] Group 2 - The article also highlights that on the anniversary of September 24, the total market value of A-shares has exceeded 116 trillion yuan, indicating significant changes reshaping the new ecology of China's capital market [1]

浙富控股集团股份有限公司 《公司章程》修订案 （2025 年 9 月） 浙富控股集团股份有限公司（以下简称"公司"）根据《中华人民共和国公 司法》（2023 年修订）《上市公司章程指引》（2025 年修订）及《深圳证券交易 所股票上市规则》（2025 年修订）等相关法律法规，结合公司实际情况，公司将 取消监事会，监事会的职权由董事会审计委员会行使，《浙富控股集团股份有限 公司监事会议事规则》等监事会相关制度相应废止，同时修订《浙富控股集团股 份有限公司章程》。现对主要修订情况做以下说明： 1、统一将原《公司章程》中的"股东大会"表述修改为"股东会"； 2、统一将原《公司章程》中的"监事会"、"监事"删除或根据具体情况表 述修改为"审计委员会"或"审计委员会成员"等； 3、因新增和删减部分条款，章程中原条款序号、援引条款序号按修订内容 相应调整，因不涉及实质性变更且修订范围较广，不逐条列示。 公司于 2025 年 9 月 24 日召开了第六届董事会第二十次会议，会议审议通过 了《关于修订<公司章程>的议案》，修订后的《公司章程》尚需经公司 2025 年 第三次临时股东大会审议通过后方可生效。现将《公司章程》修订 ...

证券代码：002266 证券简称：浙富控股 公告编号：2025-060 浙富控股集团股份有限公司 关于调整 2025 年度日常关联交易预计额度的公告 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。 一、日常关联交易基本情况 （一）日常关联交易概述 浙富控股集团股份有限公司（以下简称"公司"）于 2025 年 1 月 20 日召开了第六 届董事会第十六次会议，全票审议通过了《关于公司 2025 年度日常关联交易预计的议 案》，关联董事孙毅先生、董庆先生回避表决，同意公司及其控股子公司，根据实际经 营所需，向持股 5%以上股东叶标先生控制的广东自立环保有限公司（以下简称"广东 自立"）及其一致行动人叶瑜婷女士控制的浙江工企环保集团有限公司（以下简称"浙 江工企"）、甘肃叶林环保科技有限公司（以下简称"甘肃叶林环保"）、公司董事董庆先 生及监事潘承东先生担任董事的环能金属株式会社（以下简称"环能金属"）和公司控 股股东、实际控制人及董事长孙毅先生的子女孙月琦女士担任董事的 NEXUS ENTERPRISE PTE.LTD.（以下简称"NEP"）采购原材料、销售产品， ...

浙富控股集团股份有限公司 证券代码：002266 证券简称：浙富控股 公告编号：2025-061 关于调整对子公司担保额度预计的公告 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。 浙富控股集团股份有限公司（以下简称"公司"）于 2025 年 9 月 24 日召开了 第六届董事会第二十次会议，会议审议通过了《关于调整对子公司担保额度预计的议 案》。根据相关法律法规和《公司章程》规定，该议案尚需提交公司 2025 年第三次临 时股东大会审议。现将有关事项公告如下： 一、担保情况概述 （一）前次担保额度预计的基本情况 公司于 2025 年 4 月 24 日、2025 年 5 月 19 日召开第六届董事会第十八次会 议、2024 年度股东大会审议通过了《关于公司及所属子公司向银行申请授信额度及担 保事项的议案》，同意公司 2025 年度对 7 家子公司的生产经营所需向银行申请综合授 信额度及专项贷款提供担保，担保总金额不超过 55 亿元人民币，期限为自 2024 年度 股东大会审议通过之日起至下一年度股东大会召开之日止。 具体内容详见公司分别于 2025 年 4 月 ...

证券代码：002266 证券简称：浙富控股 公告编号：2025-062 浙富控股集团股份有限公司 关于召开 2025 年第三次临时股东大会的通知 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。 浙富控股集团股份有限公司（以下简称"公司"）于 2025 年 9 月 24 日召开的第六 届董事会第二十次会议审议通过了《关于召开 2025 年第三次临时股东大会的议案》，现 将有关事项公告如下： 一、召开会议的基本情况 1、股东大会届次：公司 2025 年第三次临时股东大会。 2、股东大会的召集人：公司董事会。 3、会议召开的合法、合规性：公司第六届董事会第二十次会议审议通过了《关于 召开 2025 年第三次临时股东大会的议案》，本次股东大会的召开符合有关法律、行政法 规、部门规章、规范性文件和《公司章程》的相关规定。 4、会议召开的日期、时间： （1）现场会议召开时间：2025 年 10 月 10 日（星期五）下午 14 时 30 分； （2）网络投票的具体时间为：2025 年 10 月 10 日。其中，通过深圳证券交易所交 易系统进行网络投票的具体时间为：2025 ...

证券代码：002266 证券简称：浙富控股 公告编号：2024-059 浙富控股集团股份有限公司 第六届董事会第二十次会议决议公告 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。 浙富控股集团股份有限公司（以下简称"公司"）第六届董事会第二十次会议于 2025 年 9 月 23 日以电子邮件、短信等方式向全体董事发出会议通知，并于 2025 年 9 月 24 日在公司会议室以现场结合通讯表决的方式召开，应参加会议董事 10 人，实际参加会 议董事 10 人，公司全部监事和部分高级管理人员列席了会议。本次会议的召集、召开 及表决程序符合《公司法》及《公司章程》等规定。会议由董事长孙毅先生主持，会议 审议通过了以下议案： 一、会议以 10 票同意，0 票反对，0 票弃权，审议通过了《关于修订<公司章程> 的议案》 根据《中华人民共和国公司法》（2023 年修订）《上市公司章程指引》（2025 年修 订）及《深圳证券交易所股票上市规则》（2025 年修订）等相关法律法规，结合公司实 际情况，公司将取消监事会，监事会的职权由董事会审计委员会行使，《浙富控股集团 股份有 ...

证券日报网讯浙富控股（002266）9月15日在互动平台回答投资者提问时表示，截至2025年8月31日，公 司股东人数为130，078户。 ...

Core Insights - The company reported a revenue of 10.642 billion yuan for the first half of 2025, marking a year-on-year growth of 3.22%, while net profit attributable to shareholders reached 566 million yuan, reflecting a significant increase of 16.80% [1] - The company is focusing on a dual business strategy of "clean energy equipment + hazardous waste resource utilization," leveraging technological innovation and capacity release to achieve steady growth in performance [1] Clean Energy Equipment Business - The clean energy equipment segment saw a substantial revenue increase of 37.11% year-on-year, reaching 615 million yuan, with a gross margin improvement of 7.31 percentage points to 44.67%, significantly above the industry average [2] - The growth is attributed to the implementation of the "Pumped Storage Medium and Long-term Development Plan (2021-2035)" and the Belt and Road Initiative, which have supported overseas market expansion [2] Nuclear Power Equipment Business - The nuclear power equipment segment, particularly through its subsidiary Sichuan Huadu Nuclear Equipment Manufacturing Co., has been a key contributor to profitability, generating a net profit of 120 million yuan [3] - The company is involved in the development of advanced nuclear technologies, including the third-generation "Hualong One" and fourth-generation fast reactor components, which are expected to drive future growth [3] Hazardous Waste Resource Utilization - The hazardous waste resource utilization business is experiencing steady growth, supported by national policies promoting a "waste-free city" and circular economy [4] - The company has established a comprehensive industrial chain for hazardous waste management, achieving significant improvements in the recovery rates and purity of recycled metals, and has the capacity to process 40,000 tons of used power batteries annually [4] Technological Innovation - The company holds 378 valid patents, including 83 invention patents, which are crucial for maintaining competitive advantages in key areas such as pumped storage, nuclear power equipment, and hazardous waste resource utilization [5] - Significant R&D investment of 450 million yuan in the first half of 2025 supports ongoing technological advancements and market competitiveness [5] Shareholder Returns - The company has committed to shareholder returns, distributing a total cash dividend of 258 million yuan for 2024, which is 26.58% of the net profit attributable to shareholders [6] - The total cash return, including share buybacks, amounts to 413 million yuan, with a cumulative dividend distribution of approximately 2 billion yuan since its listing [6] Future Outlook - For the second half of 2025, the company plans to continue focusing on the "clean energy + large environmental protection" strategy, enhancing technological innovation and international expansion in clean energy equipment while optimizing capacity in hazardous waste resource utilization [7] - The company aims to explore emerging fields such as nuclear fusion equipment and advance digital transformation and intelligent upgrades to support sustainable development and national carbon reduction goals [7]

Investment Rating - The investment rating for the company is "Accumulate" and is maintained [8] Core Views - In the first half of 2025, the company achieved revenue of 10.642 billion yuan, a year-on-year increase of 3.22%, and a net profit attributable to shareholders of 566 million yuan, a year-on-year increase of 16.8% [2][6] - The hazardous waste resource recovery business is stable, and the clean energy equipment sector shows strong performance. The decrease in period expense ratio and reduction in asset impairment losses have contributed to profit growth [2][12] - The company is expected to benefit from the release of orders in the clean energy equipment sector, with significant growth in revenue anticipated [12] Summary by Sections Financial Performance - For Q2 2025, the company reported revenue of 5.705 billion yuan, a year-on-year decrease of 2.59% but a quarter-on-quarter increase of 15.55%. The net profit attributable to shareholders was 295 million yuan, a year-on-year increase of 69.87% and a quarter-on-quarter increase of 9.06% [6] - The company’s net profit for 2025-2027 is projected to be 1.06 billion, 1.13 billion, and 1.18 billion yuan, respectively, with corresponding P/E ratios of 20.4x, 19.1x, and 18.2x [12] Business Segments - The hazardous waste disposal service segment generated revenue of 9.999 billion yuan, a year-on-year increase of 1.74%, with a gross margin of 9.54% [12] - The clean energy equipment segment achieved revenue of 615 million yuan, a year-on-year increase of 37.1%, with a gross margin of 44.7% [12] Cost and Expenses - The company’s period expense ratio for H1 2025 was 7.13%, a decrease of 0.42 percentage points year-on-year. The R&D expense ratio was 4.23%, down 0.29 percentage points [12] - Asset impairment losses were reversed by 12 million yuan, with a year-on-year reduction of 69 million yuan in impairment losses [12] Cash Flow and Capital Expenditure - The cash collection ratio slightly increased to 106.07%, up 1.21 percentage points year-on-year. However, the net cash flow from operating activities was -232 million yuan, compared to -83 million yuan in the same period last year [12] - Capital expenditures decreased by 29.63% year-on-year to 210 million yuan [12] Future Outlook - The company has established a production capacity of 20 sets per year for pumped storage generator sets and is positioned to benefit from large-scale hydropower projects [12]

Market Overview - On September 4, the environmental governance sector rose by 0.42% compared to the previous trading day, with Haixia Environmental leading the gains [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] Stock Performance - Haixia Environmental (603817) closed at 6.66, up 10.08% with a trading volume of 396,900 shares and a transaction value of 260 million yuan [1] - Wenbululu (301259) closed at 47.20, up 9.87% with a trading volume of 215,100 shares and a transaction value of 1.03 billion yuan [1] - Other notable performers include: - Energy Guozhen (300388) at 7.99, up 7.68% [1] - Yifu Holdings (002266) at 4.02, up 5.79% [1] - Qiaoyin Co. (002973) at 14.21, up 5.26% [1] Fund Flow Analysis - The environmental governance sector experienced a net outflow of 329 million yuan from institutional investors and 173 million yuan from speculative funds, while retail investors saw a net inflow of 502 million yuan [2] - Key fund flows for selected stocks include: - Zhejiang Fuhua Holdings (002266) with a net inflow of 87.14 million yuan from institutional investors [2] - Haixia Environmental (603817) with a net inflow of 81.42 million yuan from institutional investors [2] - Qiaoyin Co. (002973) with a net inflow of 24.21 million yuan from institutional investors [2]