第六届董事会第二十七次会议决议公告 北京海新能源科技股份有限公司 证券代码：300072 证券简称：海新能科 公告编号：2025-039 北京海新能源科技股份有限公司 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。 北京海新能源科技股份有限公司（以下简称"公司"）董事会于2025年09月05 日以传真和电子邮件方式向全体董事发出第六届董事会第二十七次会议通知，会 议于2025年09月12日上午10:00在北京市海淀区西四环北路63号馨雅大厦2层公 司会议室以现场表决的方式召开。此次会议应到董事9人，实到9人，其中独立董 事3人；公司部分高级管理人员列席了本次会议；本次会议的召开符合《中华人 民共和国公司法》（以下简称"公司法"）和《公司章程》的规定。 本次会议由董事长于志伟先生主持。经与会董事认真审议，以记名投票方式 通过如下议案： 一、审议通过《公司全资子公司沈阳三聚凯特催化剂有限公司申请银行授信 额度暨关联交易的议案（大连银行）》 同意公司全资子公司沈阳三聚凯特催化剂有限公司（以下简称"三聚凯特"） 为满足其经营需要，向大连银行沈阳分行申请不超过人民币30 ...

Group 1 - The core point of the article is that Haixin Energy Technology (SZ 300072) announced an investor research event scheduled from September 2 to September 4, 2025, where the company's board member and secretary Zhang Rui will participate and answer investor questions [1] - For the fiscal year 2024, Haixin Energy's revenue composition is as follows: new energy accounts for 51.86%, chemicals account for 47.61%, and other businesses account for 0.53% [1] - As of the report date, Haixin Energy's market capitalization is 8.9 billion yuan [1]

Financial Performance - The company's net profit attributable to shareholders decreased by 89.15% year-on-year in the first half of 2025, attributed to internal management improvements and external market opportunities [2] - Significant reductions in processing costs and improved production indicators were achieved through technological innovation and equipment upgrades [2][3] - The average price of Argus FOB ARA low-congealing bio-diesel increased by 13.06% year-on-year, indicating a positive trend in bioenergy product pricing [3] Market Dynamics - SAF prices have been rising, with Argus FOB ARA prices reaching approximately $2,600 per ton due to enforced blending policies and rising raw material costs [4] - The EU has introduced subsidy plans to accelerate SAF adoption, which is expected to enhance demand and further drive price increases [4] Research and Development - The company aims to enhance production efficiency through practical innovation, focusing on raw material pre-treatment, catalyst development, and product diversification [5] - Collaboration with external universities and research institutions is emphasized to foster joint research and technology introduction [5] Future Development Strategy - The company plans to become a world-class green energy supplier and a leader in bioenergy technology innovation over the next three years [6] - Key strategic initiatives include enhancing bioenergy growth, improving catalyst purification product competitiveness, and maintaining high R&D investment levels [6] Bioenergy Sector Focus - The company is concentrating on the development and market promotion of biodiesel and bio-jet fuel, with a focus on process optimization and key customer development [6] - Efforts are being made to implement second-generation bioenergy applications domestically, contributing to national energy security and emissions reduction [6]

Core Viewpoint - The demand for environmental catalysts in China is projected to grow significantly, driven by increasing environmental awareness, policy support, and technological innovation, with the market size expected to reach 281.47 billion yuan by 2025 [1][6]. Group 1: Industry Definition and Requirements - Environmental catalysts are substances used to treat toxic and harmful materials, making them harmless or reducing their quantity to protect and improve the surrounding environment [2][4]. - Current environmental catalysts do not include those related to green chemistry processes, which are often referred to as green catalysts or environmentally friendly catalysts [2]. Group 2: Industry Development Status - The demand for environmental catalysts in China is expected to increase from 230,000 tons in 2017 to 358,000 tons in 2024, with the market size growing from 17.095 billion yuan to 26.743 billion yuan [1][6]. - The production of environmental catalysts is also on the rise, with an expected increase from 237,000 tons in 2017 to 397,000 tons in 2024 [1][6]. Group 3: Industry Chain - The upstream of the environmental catalyst industry includes precious metals like platinum, palladium, and rhodium, as well as metal oxides and various raw materials [6][7]. - The downstream applications primarily involve exhaust purification for automobiles and ships, industrial waste gas treatment, and solid waste management [6][7]. Group 4: Development Environment and Policies - The promotion of the "dual carbon" goals has provided a broad market space for the catalyst industry, with the government emphasizing the development of high-performance, green environmental catalyst products [7][8]. - Recent policies encourage the development of new, efficient, and environmentally friendly catalysts, aiming to enhance product performance and promote high-quality development in the catalyst industry [7]. Group 5: Competitive Landscape - Major suppliers in the environmental catalyst market include companies that provide industrial flue gas treatment catalysts and water treatment catalysts, with significant players like BASF, Johnson Matthey, and Umicore dominating the global market [8]. - Domestic competitors include Hai Xin Neng Ke, Zhong Zi Ke Ji, and Gui Yan Bo Ye, which are actively addressing technical challenges such as high-temperature stability and anti-poisoning properties [8]. Group 6: Industry Development Trends - The environmental catalyst industry is a high-value sector driven by policy and technology, playing a crucial role in global environmental efforts [9]. - With the increasing demand for clean fuels and the acceleration of oil conversion processes, the market for refining catalysts is expected to grow steadily [9]. - The market penetration of environmental catalysts is anticipated to increase, supported by ongoing government policies and a focus on pollution control [9].

Company Overview - Beijing Haineng New Energy Technology Co., Ltd. is located at 63 Xinya Building, North Fourth Ring Road, Haidian District, Beijing, established on June 3, 1997, and listed on April 27, 2010 [1] - The company's main business includes research, production, and sales of environmental new materials and chemical products, comprehensive services in fossil energy industry, ecological agriculture and green energy services, oil and gas facility manufacturing and comprehensive services, and trade value-added services [1] Financial Performance - For the first half of 2025, the company achieved operating revenue of 983 million yuan, a year-on-year decrease of 21.57% [2] - The net profit attributable to the parent company was -35.38 million yuan, showing a year-on-year increase of 89.15% [2] Shareholder Information - As of August 20, 2025, the number of shareholders of Haineng New Energy was 46,200, a decrease of 0.60% from the previous period [2] - The average circulating shares per person increased by 0.60% to 50,436 shares [2] Financing and Trading Activity - On August 29, Haineng New Energy's stock price increased by 3.83%, with a trading volume of 338 million yuan [1] - The financing buy-in amount on that day was 37.54 million yuan, with a net financing buy of 1.63 million yuan [1] - The total financing and securities lending balance as of August 29 was 427 million yuan, accounting for 4.78% of the circulating market value, indicating a relatively high level compared to the past year [1] Dividend Information - Since its A-share listing, Haineng New Energy has cumulatively distributed dividends amounting to 863 million yuan, with no dividends distributed in the past three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the seventh largest circulating shareholder, holding 14.77 million shares, an increase of 4.83 million shares compared to the previous period [3]

Core Viewpoint - The company reported a significant decrease in revenue for the first half of 2025, but showed improvement in net profit loss, indicating a potential recovery trajectory in its operations and product lines [1]. Financial Performance - The company achieved operating revenue of 983 million yuan, a year-on-year decrease of 21.57% [1]. - The net profit attributable to shareholders was -35.38 million yuan, reflecting a year-on-year reduction in losses by 89.15% [1]. - Revenue from environmental materials and chemical products reached 477 million yuan, a year-on-year increase of 2.18%, with a gross margin improvement of 8.54 percentage points compared to the previous year [1]. - The hydrocarbon-based biodiesel business generated revenue of 454 million yuan, with gross margins remaining stable compared to the same period last year [1]. Product Development and Market Expansion - The company successfully launched a 200,000-ton/year biodiesel isomerization project, adding approximately 160,000 tons/year of biojet fuel capacity, with an 80% yield [2]. - The company began supplying biojet fuel to the China National Aviation Fuel Group, marking its entry into the domestic aviation sector [2]. - The company aims to establish strategic partnerships with biojet fuel demanders and implement domestic applications of second-generation bioenergy [2]. Operational Improvements - The company invested 47.99 million yuan in R&D, obtaining 11 patent authorizations, including 2 invention patents and 9 utility model patents [3]. - The company optimized its procurement system to ensure raw material supply and improve operational efficiency [3]. - The high-congealing device at Shandong Sanju achieved a historical maximum monthly load in June, leading to significant reductions in energy costs [3]. Market Trends and Regulatory Environment - The global biofuel market is experiencing stable growth, with a notable increase in demand for sustainable aviation fuel (SAF) [2]. - The EU's Renewable Energy Directive (REDIII) is expected to enhance overall demand for biofuels [4]. - The company has applied for inclusion in the SAF export whitelist, which will facilitate product exports [4]. - The European Commission initiated anti-dumping investigations on biodiesel from China, resulting in tariffs ranging from 10.0% to 35.6%, while biojet fuel remains unaffected [4]. - The company is actively expanding its non-EU market presence, achieving significant sales growth in these regions [4].

Core Viewpoint - Haixin Energy Technology (300072) reported a decline in total revenue for the first half of 2025, but showed improvement in profitability metrics compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 983 million yuan, a decrease of 21.57% year-on-year [1] - Net profit attributable to shareholders was -35.38 million yuan, an increase of 89.15% year-on-year [1] - In Q2 2025, total revenue was 742 million yuan, an increase of 1.27% year-on-year [1] - Q2 net profit attributable to shareholders was 14.52 million yuan, an increase of 106.97% year-on-year [1] - Gross margin improved by 92.26% year-on-year, while net margin increased by 73.12% year-on-year [1] Key Financial Ratios - Gross margin for the first half of 2025 was -0.35%, with a year-on-year increase of 92.26% [1] - Net margin for the same period was -8.02%, with a year-on-year increase of 73.12% [1] - Total expenses (selling, administrative, and financial) amounted to 191 million yuan, accounting for 19.42% of revenue, an increase of 9.17% year-on-year [1] - Earnings per share for the first half of 2025 was -0.02 yuan, an increase of 89.11% year-on-year [1] Cash Flow and Financial Health - Cash flow per share was -0.12 yuan, a decrease of 738.42% year-on-year [1] - Cash and cash equivalents were 481 million yuan, a decrease of 31.83% year-on-year [1] - The ratio of cash to total assets was only 6.2%, and cash to current liabilities was 32.82% [2] Project Updates - The company’s 20,000 tons/year biodiesel isomerization project in Shandong commenced production in May 2025, supplying qualified products [2] - The company has submitted applications for the export whitelist of bio-jet fuel and has secured overseas customers for bio-jet fuel [3]

Core Insights - Company reported a total revenue of 983 million yuan, ranking 65th among disclosed peers [1] - The net profit attributable to shareholders was -35.38 million yuan, an increase of 291 million yuan compared to the same period last year [1] - The net cash inflow from operating activities was -29.1 million yuan [1] Financial Ratios - The latest debt-to-asset ratio is 30.98%, ranking 79th among disclosed peers, a decrease of 5.39 percentage points from the previous quarter and a decrease of 5.98 percentage points from the same period last year [3] - The latest gross profit margin is -0.35%, an increase of 6.29 percentage points from the previous quarter and an increase of 4.22 percentage points from the same period last year [3] - The latest return on equity (ROE) is -0.60%, an increase of 4.34 percentage points from the same period last year [3] - The diluted earnings per share are -0.02 yuan, an increase of 0.12 yuan compared to the same period last year [3] Efficiency Metrics - The latest total asset turnover ratio is 0.11 times [4] - The latest inventory turnover ratio is 0.70 times [4]

Core Viewpoint - The company Haixin Energy Technology reported a significant decline in main revenue for the first half of 2025, while showing improvements in net profit and non-recurring net profit compared to the previous year [1][4]. Financial Performance - Main revenue for the first half of 2025 was 983 million yuan, a year-on-year decrease of 21.57% [1][4]. - The net profit attributable to shareholders was -35.38 million yuan, an increase of 89.15% year-on-year [1][4]. - The non-recurring net profit was -71.95 million yuan, up 75.93% year-on-year [1][4]. - In Q2 2025, the company achieved a single-quarter main revenue of 742 million yuan, a year-on-year increase of 1.27% [1][4]. Quarterly Performance - The net profit attributable to shareholders for Q2 2025 was 14.52 million yuan, reflecting a year-on-year increase of 106.97% [1][4]. - The non-recurring net profit for Q2 2025 was -12.53 million yuan, an increase of 94.25% year-on-year [1][4]. Financial Ratios - The company's debt ratio stood at 30.98% [1]. - Investment income was 19.43 million yuan, while financial expenses amounted to 42.84 million yuan [1]. - The gross profit margin was -0.35% [1][7]. Earnings Per Share - Earnings per share were -0.02 yuan, showing an increase of 89.11% year-on-year [7]. - The operating cash flow per share was -0.12 yuan, a significant decrease of 738.42% year-on-year [7]. Shareholder Information - The largest shareholder is Beijing Haixin Low Carbon Technology Development Co., Ltd., holding 31.73% of shares [11]. - Other notable shareholders include Beijing Haidian District State-owned Assets Investment and Management Co., Ltd. with 5.79% and Beijing Zhongheng Tianda Technology Development Co., Ltd. with 1.61% [11].

Core Viewpoint - Haineng Technology (海新能科) reported a significant reduction in net loss for the first half of 2025, indicating improved financial performance despite a decline in revenue [1] Financial Performance - For the first half of 2025, Haineng Technology achieved operating revenue of approximately 983 million yuan, representing a year-on-year decrease of 21.57% [1] - The company recorded a net profit attributable to shareholders of approximately -35.38 million yuan, which is a substantial reduction in loss compared to -326 million yuan in the same period last year [1]