Group 1 - The company Shengyuan Environmental Protection has announced that its taurine series products are now available for sale both online and offline [1]

Group 1 - The solid waste management sector has seen a short-term surge, with companies such as Fulongma (603686), Qiaoyin Co., Ltd. (002973), and Jinlv Environment (001230) hitting the daily limit up [1] - Yuhua Tian (300815) and Xin'an Clean (300815) have increased by over 10%, indicating strong market interest [1] - Other companies like Jinyuan Co., Ltd. (000546), Shengyuan Environmental Protection (300867), Wangneng Environment (002034), Zhonglan Environmental Protection (300854), and Dongjiang Environmental Protection (002672) have also experienced upward movement [1]

Group 1: Financial Performance - In Q1 2025, total revenue decreased by 2.12% compared to the previous year, while net profit increased by 43.17% [3] - The significant increase in net profit is attributed to improved cost management and technical upgrades, leading to a higher gross margin [3] - The company has 7 projects (with a waste treatment capacity of 5,350 tons/day) that meet the criteria for national subsidies, with a potential subsidy amount of CNY 305 million (including tax) once approved [3][4] Group 2: Strategic Developments - The company signed a share transfer agreement with Fujian Provincial State-owned Assets Supervision and Administration Commission, resulting in a valuation increase of CNY 104 million, or 37.29% [2] - The average selling price for steam supply is over CNY 205 per ton, with significant economic benefits expected from this business segment [4] - The company is actively expanding its steam supply and heating business, with ongoing projects in various locations [4] Group 3: Product Development and Market Demand - Global demand for taurine is projected to reach approximately 416,000 tons by 2025, growing at an annual rate of 30% [5] - Taurine's primary application is in the beverage sector, accounting for 45% of its usage, with the functional beverage market growing at about 7% annually [5] - The company plans to market taurine to various sectors, including food, pharmaceuticals, and animal feed, ensuring a stable supply chain for raw materials [6][7] Group 4: Future Projects and Investments - The taurine production project is expected to commence operations in the second half of 2025, with a production capacity of 40,000 tons [7] - The Xiamen St. Regis Hotel project is currently under construction, with completion expected in July 2025 and operations anticipated in the second half of 2026 [7]

Group 1: Business Development and Product Strategy - The company is actively developing a health industry centered around taurine and its derivatives, optimizing product lines and enhancing brand marketing efforts [2][3] - Multiple "taurine+" functional beverages have been developed to meet diverse consumer needs, with ongoing improvements in product quality and packaging [3] - The Xiamen hotel project is currently under construction, expected to be completed by July 2025 and operational in the second half of 2026 [3] Group 2: Financial Performance and Shareholder Value - The company has maintained a cumulative dividend payout exceeding 130 million since its listing, with a focus on enhancing operational efficiency and profitability [5][8] - In 2024, the company significantly improved its operational efficiency and profitability, with a net profit of 64 million in Q1 2025, marking a 43.24% year-on-year increase [8] - The company has implemented an employee stock ownership plan involving 361 employees, totaling 150 million, to boost team motivation and cohesion [5] Group 3: Accounts Receivable and Cash Flow Management - A dedicated team has been established to manage accounts receivable, resulting in improved cash flow and collection rates since the second half of 2024 [6] - The company is enhancing its risk management framework to optimize contract compliance and improve accounts receivable turnover efficiency [6] Group 4: Market Position and Future Outlook - The company is expanding its production capacity for taurine to 40,000 tons annually, while also planning to develop production lines for taurine derivatives in various sectors [7] - The company is committed to shareholder interests and aims to reflect its true value in the market through improved operations and transparent information disclosure [8]

证券代码：300867 证券简称：圣元环保 公告编号：2025-034 圣元环保股份有限公司 关于为全资子公司瑞吉酒店项目银团贷款提供担保 的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 特别风险提示: 截至本公告披露日，公司及全资/控股子公司提供担保总额为 530,936.67 万元，占公司 2024 年度经审计净资产的比例为 144.61%, 超过最近一期经审计净资产 100%。公司及全资/控股子公司不存在对 合并报表外单位或个人提供担保的情况；公司及全资/控股子公司无 逾期对外担保，亦无涉及诉讼的担保。敬请广大投资者充分关注担保 风险。 三、被担保人基本情况 一、担保预计情况 圣元环保股份有限公司（以下简称"公司"）第十届董事会 2025 年 第三次会议、第十届监事会 2025 年第二次会议和 2024 年度股东大会 分别审议并通过了《关于公司及子公司 2025 年度拟向银行等金融机 构申请综合授信额度暨预计担保额度的议案》，同意公司及其关联方 对合并报表范围内的公司向银行等金融机构及类金融企业申请综合 1 授信额度事项提供总额不超过人民币 ...

Core Viewpoint - Shengyuan Environmental Protection (300867) is strategically transforming into the health industry, focusing on taurine and its derivatives, which are expected to drive significant revenue growth for the company [1][2]. Group 1: Company Strategy and Developments - Shengyuan Environmental Protection held its 2024 annual shareholder meeting on May 9, approving 11 resolutions, including the 2024 Board of Directors' work report [1]. - The company has established a dual business model by expanding into the taurine market while consolidating its core waste management operations [1]. - The company is investing in a 40,000-ton annual production line for taurine in the Quangang Petrochemical Park, which is expected to commence production by the end of 2024 [2]. Group 2: Market Potential and Demand - The global taurine market is primarily dominated by China, which accounts for nearly 90% of the production capacity, while the U.S. relies heavily on imports due to a lack of domestic production [1][2]. - The demand for taurine is increasing in functional food and beverage sectors, particularly in energy drinks, as well as in pet food and feed additives [2]. - The aging population and rising chronic disease rates are further driving the demand for taurine in the pharmaceutical sector [2]. Group 3: Research and Policy Support - Recent scientific breakthroughs in taurine applications, including anti-aging and anti-cancer effects, have been reported in top-tier journals, indicating its growing market potential [1]. - The Chinese government has been increasingly supportive of the taurine industry, implementing policies to encourage the development of natural food additives and nutritional fortifiers [3]. - Shengyuan Environmental Protection is developing a comprehensive product matrix centered around taurine, including functional foods and health products, supported by a dedicated research institute [3].

北京市天元律师事务所 关于圣元环保股份有限公司 2024 年度股东大会的法律意见 京天股字（2025）第 178 号 致：圣元环保股份有限公司 圣元环保股份有限公司（以下简称"公司"）2024 年度股东大会（以下简称 "本次股东大会"）采取现场投票与网络投票相结合的方式召开，现场会议于2025 年 5 月 9 日在福建省泉州市丰泽区宝洲路宝洲污水处理厂数字集控中心召开。北 京市天元律师事务所（以下简称"本所"）接受公司聘任，指派本所律师参加本 次股东大会现场会议，并根据《中华人民共和国公司法》、《中华人民共和国证 券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）以及《圣元环保股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，就本次股东大会的召集、召开程序、出席现场会议人员的资格、召 集人资格、会议表决程序及表决结果等事项出具本法律意见（以下简称"本法律 意见"）。 为出具本法律意见，本所律师审查了《圣元环保股份有限公司第十届董事会 2025 年第三次会议决议公告》、《圣元环保股份有限公司第十届监事会 2025 年 第二次会议决议公告》、《圣元环保股份有限公司关 ...

特别提示： 1.本次股东大会未出现否决议案的情形； 圣元环保股份有限公司（以下简称"公司"或"圣元环保"）于 2025 年 5 月 9 日召开 2024 年度股东大会。会议召开及出席情况如下： 证券代码：300867 证券简称：圣元环保 公告编号：2025-033 2.本次股东大会未涉及变更以往股东大会已通过的决议。 圣元环保股份有限公司 2024 年度股东大会决议公告 一、会议召开和出席情况 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。 其中，通过深圳证券交易所交易系统投票：2025 年 5 月 9 日上 午 9：15-9：25、9：30-11：30 和下午 13：00-15：00；通过深圳证券 交易所互联网系统（http://wltp.cninfo.com.cn）投票：2025 年 5 月 9 日 上午 9：15 至下午 15：00 的任意时间。 2.现场会议召开地点 福建省泉州市丰泽区宝洲路宝洲污水处理厂数字集控中心。 3.会议召开方式 1 本次股东大会采取现场投票与网络投票相结合的方式召开。 4.会议召集人和现场会议主持人 本次股东大会召集人为董事会 ...

圣元环保股份有限公司 关于参加厦门辖区上市公司 2024 年年报业绩说明会暨 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：300867 证券简称：圣元环保 公告编号：2025-032 2 特此公告！ 圣元环保股份有限公司董事会 2025 年 5 月 6 日 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景 路演 APP，参与本次互动交流，活动时间为 2025 年 5 月 15 日（周 四）15:40-17:00。届时公司总经理朱恒冰、董事会秘书陈文钰、财务 总监黄宇、独立董事罗进辉将在线就公司 2024 年度业绩、公司治理、 发展战略、经营状况、融资计划、股权激励和可持续发展等投资者关 心的问题，与投资者进行沟通与交流。 为充分尊重投资者，提升交流的针对性，现就公司 2024 年年报 业绩说明会提前向投资者公开征集问题，广泛听取投资者的意见和 建议。投资者可通过电子邮件的形式将问题发送至公司投资者关系 邮箱 syzq201 ...

Group 1 - The biomass power generation sector experienced a decline of 0.90%, ranking among the top losers in the concept sector, with ST Xindong and ST Huaxi hitting the limit down [1][2] - Notable declines within the sector included Shengyuan Environmental Protection and Shaoneng Co., with significant losses, while 15 stocks saw price increases, led by Wangneng Environment, Fulongma, and Wuhan Tianyuan, which rose by 10.00%, 5.63%, and 3.58% respectively [1][2] - The sector saw a net outflow of 81 million yuan from main funds, with 26 stocks experiencing outflows, and 7 stocks seeing outflows exceeding 10 million yuan, with Shaoneng Co. leading the outflow at 51.68 million yuan [2][3] Group 2 - The top stocks with net outflows included Shengyuan Environmental Protection, Jinhua Industrial, and China Tianying, with outflows of 41.22 million yuan, 25.02 million yuan, and 15.43 million yuan respectively [2][3] - Conversely, the stocks with the highest net inflows were Fulongma, Wangneng Environment, and Jiuzhou Group, with inflows of 35.52 million yuan, 35.52 million yuan, and 25.35 million yuan respectively [2][3] - The trading activity indicated that the biomass power generation sector had a significant turnover rate, with stocks like Shaoneng Co. and Shengyuan Environmental Protection showing turnover rates of 15.20% and 13.22% respectively [3]