Core Viewpoint - The profitability of Zhonglan Environmental Protection (300854.SZ) has been declining, and the actual controller has recently reduced his holdings, raising concerns about the company's financial health and future project timelines [1][2][5]. Financial Performance - Zhonglan Environmental Protection has experienced a continuous decline in net profit for three and a half years, with net profits of 281.2 million, 205.0 million, and 130.9 million respectively from 2022 to 2024, showing year-on-year decreases of 72.37%, 27.10%, and 36.12% [9][10]. - The company's revenue for the same years was 723 million, 836 million, and 646 million, reflecting a year-on-year growth of 3.43%, 15.65%, and a decline of 22.75% [9][10]. - In the first half of 2025, Zhonglan reported revenue of 291 million, a decrease of 3.68%, and a net profit of 5.6 million, down 55.05% [9]. Shareholder Activity - The actual controller, Kong Xiongjun, reduced his holdings by 2.9995 million shares, cashing out approximately 51.72 million [1][5]. - Other shareholders, including Liu Qingsong, have also been reducing their stakes, with Liu cashing out 24.73 million from a reduction of 1.41 million shares [6][7]. - The total shareholding of the controlling shareholders decreased from 36.10% to 35.59% following these transactions [4]. Project Progress - A significant fundraising project initiated during the company's IPO in September 2021, aimed to be completed by October 31, 2025, is currently only 38.92% complete as of the first half of 2025 [2][10]. - The company is expected to announce a delay in the completion timeline for this project due to market conditions and underperformance [11]. Corporate Governance - The company has announced a change in its legal representative from Ge Fang to Wang Guangqing, who has a background in both corporate and governmental roles [7][8]. Social Responsibility - Despite financial challenges, Zhonglan Environmental Protection is committed to social responsibility, recently announcing a donation of 2 million RMB to the Shenzhen Beautiful City Public Welfare Foundation for community development projects [12].

Group 1 - Dematech won a 900 million yuan overseas smart logistics project from a well-known e-commerce giant in Latin America, focusing on intelligent logistics cross-belt sorting systems and related services [1] - Kang En Bei received approval for the registration of short-term financing bonds and medium-term notes, with a total registration amount of 1 billion yuan, valid for two years [1][2] - Zhi Xiang Jin Tai's GR1803 injection for systemic lupus erythematosus clinical trial has been approved by the National Medical Products Administration [2] Group 2 - Jin Da Wei's subsidiary received approval for a veterinary drug product, pyridone, valid from September 3, 2025, to September 2, 2030 [4] - Fu Li Wang's subsidiary plans to invest 500 million yuan in a high-end wire material project, focusing on high-strength prestressed steel strands for various applications [5] - He Li Biological's subsidiary's Class III medical device registration application has been accepted, focusing on natural bone repair materials [12] Group 3 - Lin Yang Energy won a 244 million yuan metering equipment project from Southern Power Grid, expected to positively impact its 2025 and 2026 performance [20] - Sanxia Water plans to absorb its wholly-owned subsidiary, Chongqing Changdian United Energy, with all assets and liabilities to be inherited by Sanxia Water [13] - Tian Cheng Technology canceled the use of 91 million yuan of raised funds for permanent working capital, ensuring no impact on the normal operation of investment projects [24] Group 4 - Baosteel received approval to publicly issue bonds totaling 20 billion yuan to professional investors, valid for 24 months [52] - Tian Kang Biological reported a 10.15% year-on-year increase in pig sales in August, with a total of 263,800 pigs sold [53] - Xinjiang Construction won multiple major projects totaling 4.506 billion yuan, including a 2.4 billion yuan photovoltaic hydrogen synthesis project [18]

Core Viewpoint - The company plans to utilize idle self-owned funds for cash management to enhance fund efficiency and achieve better investment returns while ensuring safety and liquidity [1] Summary by Sections Cash Management Plan - The company redeemed 18.501 million yuan of idle self-owned funds for cash management as of August 2025, with no new cash management activities reported for the current period [1] - The board approved a proposal to use up to 450 million yuan of idle self-owned funds for cash management, with a usage period of one year from the board's approval date [1] - The funds allocated for cash management can be used in a rolling manner within the specified limit and timeframe [1]

Core Viewpoint - The company plans to utilize idle self-owned funds for cash management to enhance fund efficiency and achieve better investment returns while ensuring safety and liquidity [1] Group 1 - The company redeemed 18.501 million yuan of cash management investments that matured on August 2025, with no new cash management activities during this period [1] - The board of directors approved a proposal to use up to 450 million yuan of idle self-owned funds for cash management, with a usage period of one year from the date of approval [1] - The funds allocated for cash management can be used in a rolling manner within the specified limit and timeframe [1]

证券代码：300854 证券简称：中兰环保 公告编号：2025-071 中兰环保科技股份有限公司 关于公司使用闲置自有资金进行现金管理的进展公告 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。 中兰环保科技股份有限公司（以下简称"公司"）于 2025 年 1 月 21 日召开第 四届董事会第六次会议、第四届监事会第五次会议，审议通过了《关于公司使用 闲置自有资金进行现金管理的议案》，为了提高公司闲置自有资金使用效率，合 理利用资金获取较好的投资回报，同意公司在确保资金安全性和流动性，且不影 响公司日常运营的基础上，使用不超过 45,000 万元（含本数）闲置自有资金进 行现金管理，使用期限自董事会审议通过起一年内。在上述期限和额度内，进行 现金管理的资金可循环滚动使用。公司董事会、监事会、保荐机构对上述议案均 发 表 了 明 确 同 意 的 意 见 。 具 体 内 容 详 见 公 司 刊 载 于 巨 潮 资 讯 网 （www.cninfo.com.cn）的相关公告。 2025 年 8 月，公司使用自有资金进行现金管理的具体情况如下： 一、公司使用闲置自有资金进 ...

Group 1 - The company, Zhonglan Environmental Protection, announced that it will hold the 11th meeting of the 4th Board of Directors on September 9, 2025, to review the proposal for changing the legal representative of the company [2] - The legal representative will be changed to Mr. Wang Guangqing, who is currently the Vice Chairman and General Manager of the company [2] - The decision is made in accordance with the company's articles of association and relevant laws and regulations, considering the actual situation and operational development needs of the company [2]

证券代码：300854 证券简称：中兰环保 公告编号：2025-070 根据《深圳证券交易所创业板股票上市规则》《公司章程》等相关规定，本 次捐赠事项在公司董事会审批权限范围内，本次捐赠事项不涉及关联交易，也不 构成《上市公司重大资产重组管理办法》规定的重大资产重组，无需提交股东会 审议。同时，董事会授权公司管理层具体办理包括但不限于捐赠协议签署、捐赠 资金支出及其他与本次捐赠有关的一切事宜。 二、对上市公司的影响 本次捐赠是公司根据自身盈利能力及财务状况进行的合理安排，是上市公司 积极履行社会责任、回馈社会的重要表现，本次捐赠的资金来源为公司自有资金， 对公司财务状况和经营成果不构成重大影响，不存在损害公司及股东利益的情形。 三、备查文件 中兰环保科技股份有限公司 关于向深圳市美丽深圳公益基金会捐赠的公告 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。 中兰环保科技股份有限公司（以下简称"公司"）于 2025 年 9 月 9 日召开第 四届董事会第十一次会议，审议通过了《关于向深圳市美丽深圳公益基金会捐赠 的议案》。现将具体情况公告如下： 一、捐赠事项概述 ...

经与会董事认真审议，形成决议如下： （一）审议通过《关于变更公司法定代表人的议案》； 根据《公司章程》及有关法律法规的规定，结合公司实际情况及经营发展需 要，公司法定代表人将由公司副董事长、总经理王广庆先生担任。 证券代码：300854 证券简称：中兰环保 公告编号：2025-068 中兰环保科技股份有限公司 第四届董事会第十一次会议决议公告 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。 一、董事会会议召开情况 中兰环保科技股份有限公司（以下简称"公司"）第四届董事会第十一次会议 于 2025 年 9 月 9 日下午在深圳市南山区南海大道 1069 号联合大厦三层公司会议 室以现场结合通讯的方式召开。会议通知已于 2025 年 9 月 5 日通过邮件的方式 送达各位董事。本次会议由董事长葛芳女士主持，会议应出席董事 9 人，实际出 席董事 9 人（以通讯方式出席会议的董事有张龙先生、曹丽女士、刘建国先生、 施祖麟先生、方文辉先生）。会议的召集、召开和表决程序符合《公司法》等有 关法律法规和《公司章程》的规定。 二、董事会会议审议情况 三、备查文件 1、第四届 ...

Group 1 - The company, Zhonglan Environmental Protection (300854.SZ), announced a donation of 2 million RMB to the Beautiful Shenzhen Public Welfare Foundation to support social welfare activities aimed at poverty alleviation and caring for urban construction workers [1] - The donation is intended to gather social forces and promote the construction of a beautiful Shenzhen city [1] - The funds will be used for public welfare activities and development within the scope of the Beautiful Shenzhen Public Welfare Foundation's operations [1]

关于拟变更公司法定代表人的公告 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。 中兰环保科技股份有限公司（以下简称"公司"）于 2025 年 9 月 9 日召开第 四届董事会第十一次会议，审议通过了《关于变更公司法定代表人的议案》。现 将具体情况公告如下： 一、基本情况 根据《公司章程》及有关法律法规的规定，结合公司实际情况及经营发展需 要，公司法定代表人将由公司副董事长、总经理王广庆先生担任。 公司董事会授权相关人员办理后续相关工商变更登记等事宜。上述事项的变 更最终以市场监督管理部门的核准结果为准。 二、变更情况 证券代码：300854 证券简称：中兰环保 公告编号：2025-069 中兰环保科技股份有限公司 三、对上市公司的影响 上述变更不会导致公司所属行业发生变化，不会导致公司主营业务发生变化， 不会对公司经营产生不利影响。 四、备查文件 1、公司第四届董事会第十一次会议决议； 2、公司章程。 特此公告。 中兰环保科技股份有限公司 董事会 变更前法定代表人：葛芳 变更后法定代表人：王广庆 2025 年 9 月 9 日 ...