证券代码：002322 证券简称：理工能科 公告编号：2025-045 宁波理工环境能源科技股份有限公司 关于第一期员工持股计划第四批股份锁定期届满的提示性公告 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。 宁波理工环境能源科技股份有限公司（下称"公司"）于 2021 年 8 月 6 日召 开第五届董事会第十次会议和第五届监事会第九次会议，审议通过了《关于<宁波 理工环境能源科技股份有限公司第一期员工持股计划（草案）>及其摘要的议案》 等相关议案，并于 2021 年 8 月 23 日经公司 2021 年第一次临时股东大会审议通过。 具体内容详见中国证券报、证券时报、上海证券报、证券日报和巨潮资讯网上披 露的相关公告。 公司于 2023 年 4 月 25 日召开第六届董事会第二次会议和第六届监事会第二 次会议，审议通过了《关于调整公司第一期员工持股计划部分业绩考核指标的议 案》,并于 2023 年 5 月 24 日经公司 2022 年度股东大会审议通过。具体内容详见 证券时报、证券日报和巨潮资讯网上披露的相关公告。 根据《关于上市公司实施员工持股计划试点的指导 ...

Group 1 - The company reported a revenue of 407 million yuan for H1 2025, a year-on-year increase of 0.9%, and a net profit attributable to shareholders of 110 million yuan, a year-on-year decline of 22.9%, which met expectations [1] - In Q2 2025, the company achieved a revenue of 249 million yuan, a year-on-year increase of 4.4%, and a net profit of 77 million yuan, a year-on-year decline of 23.8% [1] - The company announced an interim dividend plan with a total dividend amount of approximately 99 million yuan, resulting in a dividend payout ratio of about 90% [1] Group 2 - The software segment experienced a decline in revenue and profit, primarily due to a high base effect from 2024. The revenue from power software products and projects was 169 million yuan, a year-on-year decrease of 6.5% [1] - The main subsidiary, Jiangxi Bowei, reported a net profit of 64 million yuan, a year-on-year decline of 27%, significantly impacting the overall performance of the company [1] - The gross margin for power software products and projects was 92.7%, a decrease of 5.2 percentage points year-on-year [1] Group 3 - The electric instrument segment continued to maintain rapid growth, with revenue from electric smart instruments and operation services reaching 95 million yuan, a year-on-year increase of 61.2%, with a gross margin of 58.4%, down 1.0 percentage point [2] - The environmental operation business showed signs of recovery, achieving revenue of 120 million yuan, a year-on-year increase of 5.9%, while the environmental instrument revenue was only 1 million yuan, a year-on-year decline of 97% [2] - The environmental operation and instrument business saw a significant change in composition, with a focus on high-margin operation services, leading to a substantial increase in gross margin by 9.2 percentage points [2] Group 4 - The company forecasts net profits attributable to shareholders for 2025-2027 to be 327 million, 396 million, and 469 million yuan, with growth rates of 18%, 21%, and 19% respectively [2] - The current stock price corresponds to valuations of 16, 13, and 11 times for the years 2025, 2026, and 2027, respectively, maintaining a "buy" rating [2]

Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Views - The company reported a decline in performance due to cyclical fluctuations in the software industry, but is expected to return to growth in the second half of the year [4] - For the first half of 2025, the company achieved operating revenue of 407 million yuan, a year-on-year increase of 0.9%, and a net profit attributable to shareholders of 110 million yuan, a year-on-year decline of 22.9% [4] - The company announced a mid-term dividend plan with a total dividend amount of approximately 99 million yuan, representing a payout ratio of about 90% [4] Financial Performance Summary - In Q2 2025, the company achieved operating revenue of 249 million yuan, a year-on-year increase of 4.4%, and a net profit attributable to shareholders of 77 million yuan, a year-on-year decline of 23.8% [4] - The software segment's revenue and profit declined, primarily due to a high base effect from the previous year, while the power instrument segment continued to grow rapidly with a revenue increase of 61.2% [6] - The environmental operation business showed signs of recovery, with revenue of 120 million yuan, a year-on-year increase of 5.9%, while environmental instruments saw a significant decline in revenue [6] Earnings Forecast and Valuation - The company is expected to achieve net profits attributable to shareholders of 327 million yuan, 396 million yuan, and 469 million yuan for the years 2025, 2026, and 2027, respectively, with growth rates of 18%, 21%, and 19% [6] - The current stock price corresponds to valuation multiples of 16, 13, and 11 times for the years 2025, 2026, and 2027, respectively [6]

Core Insights - Ningbo LITONG Environmental Energy Technology Co., Ltd. (referred to as "LITONG") reported a revenue of 407 million yuan and a net profit attributable to shareholders of 110 million yuan for the first half of 2025 [1] - The company emphasizes a business philosophy of "expanding sources of income while reducing expenditure, maintaining integrity while innovating" [1] - LITONG is focused on the energy and environmental sectors, advancing its development in digitalization, intelligence, and sustainability [1] Financial Performance - The net profit attributable to shareholders after deducting non-recurring gains and losses was 105 million yuan [1] - The company achieved significant revenue growth, reflecting its strategic focus on core business areas [1] Strategic Initiatives - LITONG is actively promoting the localization of intelligent instruments and has established a strategic blueprint for artificial intelligence consisting of a company-level computing power scheduling platform, a model training and management center, and a business expert model library [1] - The company is committed to a 1+2 layout in its AI strategy, indicating a structured approach to integrating technology into its operations [1]

| 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 4.05亿 | 4.08亿 | 0.70% | | 归母净利润(元) | 1.43 Z | 1.1亿 | -22.90% | | 扣非净利润(元) | 1.28亿 | 1.05亿 | -18.19% | | 货币资金(元) | 5.33亿 | 3.57亿 | -33.07% | | 应收账款(元) | 4.38亿 | 4.92亿 | 12.46% | | 有息负债(元) | 1111.08万 | 570.25万 | -48.68% | | 毛利率 | 68.15% | 68.86% | 1.05% | | 净利率 | 35.29% | 26.98% | -23.57% | | 三费占营收比 | 24.79% | 28.22% | 13.85% | | 每股净资产 (元) | 7.9 | 7.48 | -5.23% | | 每股收益(元) | 0.4 | 0.31 | -22.50% | | 每股经营性现金流(元) | 0.28 | 0.35 | 24.89% | 据 ...

Group 1 - The company, Rigong Nengke, announced the convening of its 18th meeting of the 6th board of directors on August 21, 2025, in Ningbo, where various proposals, including amendments to relevant systems, were reviewed [2] - For the first half of 2025, the company's revenue composition was as follows: software accounted for 46.4%, environmental protection monitoring accounted for 30.18%, power monitoring equipment accounted for 23.28%, and other businesses accounted for 0.14% [2]

Group 1 - The company approved the 2025 semi-annual profit distribution plan, proposing a cash dividend of 2.8 yuan per 10 shares, totaling approximately 98.99 million yuan [3][4][60] - The company's net profit attributable to shareholders for the first half of 2025 was approximately 109.91 million yuan, with the parent company achieving a net profit of about 47.87 million yuan [3][60] - The profit distribution plan is deemed legal, compliant, and reasonable, aligning with the company's performance growth and not harming minority shareholders' interests [4][5][60] Group 2 - The company plans to provide a guarantee of up to 100 million yuan for its wholly-owned subsidiary, Beijing Shangyang Dongfang Environmental Technology Co., Ltd., with a guarantee period of one year [8][16][61] - The guarantee is intended to support the subsidiary's daily operations and is considered beneficial for its long-term development [17][61] - The company has previously approved guarantees totaling 77.42 million yuan, which represents 0.26% of the company's audited net assets as of December 31, 2024 [14][15][61] Group 3 - The company is revising its Articles of Association to enhance governance and protect shareholders' rights, with changes including the unification of terms and delegation of supervisory powers [20][63] - The proposed revisions will be submitted for approval at the upcoming second extraordinary general meeting of shareholders in 2025 [20][63] Group 4 - The company intends to purchase liability insurance for its directors, supervisors, and senior management, with a coverage limit of up to 50 million yuan per year [23][24] - The insurance aims to improve risk management and protect the rights of the company's leadership and investors [23][24] Group 5 - The company will hold its second extraordinary general meeting of shareholders on September 9, 2025, to discuss the approved proposals [26][28] - The meeting will include both on-site and online voting options for shareholders [29][30]

Group 1 - The company held its sixth board meeting and approved the 2025 semi-annual profit distribution plan, which will be submitted to the second extraordinary general meeting of shareholders for review [1] - The net profit attributable to shareholders for the first half of 2025 is approximately 109.91 million yuan, with the parent company achieving a net profit of about 47.87 million yuan [1] - The total profit available for distribution from the consolidated financial statements is approximately 919.95 million yuan [1] Group 2 - The company plans to distribute a total of approximately 98.99 million yuan, excluding the number of shares in the repurchase account [2] - The profit distribution plan does not involve capital reserve conversion into share capital or bonus shares [2] - The distribution amount will be adjusted based on the total share capital at the time of implementation, ensuring it does not exceed the available profit [2] Group 3 - The profit distribution plan is in line with the company's distribution policy and matches its performance growth, ensuring no harm to minority shareholders [2] - The plan complies with relevant regulations and is beneficial for the company's sustainable and healthy development [2] - The company's asset-liability ratio as of June 30, 2025, is 8.67%, indicating a low overall debt level and strong short-term repayment capability [3] Group 4 - The profit distribution plan has been approved by the independent directors and relevant board meetings, pending approval from the extraordinary general meeting of shareholders [3] - The company has implemented strict controls on insider information and has informed relevant parties of confidentiality obligations [3]

证券时报·数据宝统计显示，公司今日公布了半年报，共实现营业收入4.08亿元，同比增长0.70%，实现 净利润1.10亿元，同比下降22.90%，基本每股收益为0.31元。 公司上市以来历次分配方案一览 | 日期 | 分配方案 | 派现金额合计（亿元） | 股息率（%） | | --- | --- | --- | --- | | 2025.06.30 | 10派2.8元（含税） | 0.99 | 2.13 | | 2024.12.31 | 10派3.8元（含税） | 1.34 | 2.75 | | 2024.06.30 | 10派3.9元（含税） | 1.42 | 2.95 | | 2023.12.31 | 10派8.5元（含税） | 3.09 | 7.55 | | 2022.12.31 | 10派0.5元（含税） | 0.19 | 0.50 | | 2021.12.31 | 10派2元（含税） | 0.76 | 1.72 | | 2020.12.31 | 10派6.5元（含税） | 2.42 | 4.90 | | 2019.12.31 | 10派3.5元（含税） | 1.30 | 2.66 | | 2019. ...

Group 1 - The company announced that it will provide a joint liability guarantee for its wholly-owned subsidiary, Beijing Shangyang Oriental Environmental Technology Co., Ltd., within the bank's credit limit [2] - The total guarantee amount will not exceed 100 million RMB, with the validity period lasting one year from the date of approval at the company's second extraordinary general meeting in 2025 [2]