Group 1 - The core viewpoint of the news is that 深水海纳 reported a decline in revenue and a net loss for the third quarter of 2025, indicating financial challenges for the company [1] - For the first three quarters of 2025, the company's revenue was approximately 265 million yuan, representing a year-on-year decrease of 15% [1] - The net profit attributable to shareholders was a loss of approximately 24.12 million yuan, with basic earnings per share showing a loss of 0.1361 yuan [1] Group 2 - As of the report, 深水海纳 has a market capitalization of 3 billion yuan [2] - The A-share market has recently surpassed 4000 points, marking a significant recovery after a decade of stagnation, with technology leading the market's resurgence [2]

Financial Performance - The company's revenue for Q3 2025 was ¥98,915,966.98, representing a decrease of 5.22% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥8,443,359.23, a decline of 282.51% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥2,948,703.31, an increase of 17.47% compared to the previous year[5]. - Total operating revenue decreased to ¥264,543,536.08 from ¥311,213,978.00, representing a decline of approximately 15% year-over-year[18]. - Net profit for the period was a loss of ¥22,440,188.06, compared to a profit of ¥795,800.39 in the previous period, indicating a significant downturn[19]. - The total comprehensive income for the period was a loss of ¥22,440,188.06, compared to a gain of ¥795,800.39 in the prior period[20]. Cash Flow - The operating cash flow net amount for the year-to-date was ¥35,221,863.42, showing a significant increase of 379.78%[5]. - The net cash flow from operating activities was $35,221,863.42, a significant improvement compared to a net outflow of $12,589,003.89 in the previous period[23]. - Total cash outflow from operating activities amounted to $238,278,329.92, down from $300,142,215.29[23]. - Cash inflow from investment activities was $6,080,678.21, compared to only $1,000.00 in the previous period[23]. - The net cash flow from investment activities was -$2,404,014.03, an improvement from -$70,033,202.99[23]. - Cash inflow from financing activities totaled $90,171,590.00, a decrease from $721,785,870.30[23]. - The net cash flow from financing activities was -$42,088,071.86, compared to a positive net flow of $32,147,801.07 previously[23]. - The ending balance of cash and cash equivalents was $2,186,842.44, down from $2,875,671.54[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,580,333,961.03, down 4.58% from the end of the previous year[5]. - The company's total current assets amount to ¥808,794,067.35, a decrease from ¥913,559,070.63 at the beginning of the period[15]. - The total liabilities amount to ¥1,252,762,365.55, down from ¥1,302,800,871.52, reflecting a reduction of about 3.9%[15]. - The company's total liabilities decreased to ¥1,826,908,044.53 from ¥1,927,043,014.09, a reduction of approximately 5%[18]. - The company's equity attributable to shareholders decreased by 3.18% to ¥733,396,515.69 compared to the end of the previous year[5]. - The total equity attributable to shareholders decreased to ¥733,396,515.69 from ¥757,516,071.89, reflecting a decline of about 3%[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,561[11]. - The largest shareholder, Li Haibo, holds 13.93% of shares, totaling 24,700,000 shares, with 18,525,000 shares pledged[11]. - The second-largest shareholder, Investment Holdings Limited, owns 10.81% of shares, amounting to 19,166,231 shares, all of which are unpledged[11]. Expenses - Research and development expenses were ¥10,237,545.83, down from ¥12,924,211.75, a reduction of approximately 21%[18]. - Financial expenses decreased to ¥13,954,462.45 from ¥17,223,768.39, a decline of about 19%[19]. - The company reported a significant increase in tax and additional charges, totaling ¥11,270,023.37, which is up 276.50% compared to the previous year[9]. Other Information - The company did not undergo an audit for the third quarter financial report[24]. - The company will implement new accounting standards starting in 2025[24].

Core Viewpoint - The major shareholders of Deep Water Haina Water Group Co., Ltd. have completed their share reduction plan, which involved a total reduction of 3,534,300 shares, accounting for 1.99% of the company's total share capital [2][5]. Group 1: Shareholder Reduction Details - The share reduction took place from July 25, 2025, to October 24, 2025, through centralized bidding and block trading methods [2]. - The shares reduced were sourced from the shares held prior to the company's initial public offering [2]. Group 2: Compliance and Impact - The share reduction complies with relevant laws and regulations, including the Company Law of the People's Republic of China and the Shenzhen Stock Exchange's rules [4]. - The reduction will not lead to a change in the company's control, as the shareholders involved are not the controlling shareholders or actual controllers of the company [5].

Group 1 - The core point of the news is that Deepwater Haina (SZ 300961) announced the completion of a share reduction plan by shareholders Li Qin and Tibet Dayu, resulting in a total reduction of 3.5343 million shares, which accounts for 1.99% of the company's total share capital [1] - As of the report date, Deepwater Haina has a market capitalization of 3.1 billion yuan [2] - For the year 2024, the company's revenue composition is entirely from the environmental protection industry, with a 100.0% share [1]

| 股东名称 | 减持区间 | 减持方式 | 减持均价 （元/股） | 减持数量 （股） | 减持比例 （%） | | --- | --- | --- | --- | --- | --- | | 李琴 | 2025 年 7 月 25 日~2025 年 10 月 24 日 | 集中竞价 | 18.22 | 1,661,700 | 0.9373 | | 李琴在 年 2025 7 | 月 25 日~2025 | 年 月 10 24 | 日期间内减持合计 | 1,661,700 | 0.9373 | | 西藏大禹 | 2025 年 7 月 25 日~2025 年 10 月 24 日 | 集中竞价 | 16.59 | 89,900 | 0.0507 | 一、股东减持情况 证券代码：300961 证券简称：深水海纳 公告编号：2025-049 深水海纳水务集团股份有限公司 关于合计持股 5%以上股东股份减持计划实施完成的公告 公司董事李琴女士及其一致行动人西藏大禹投资有限公司保证向本公司提 供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 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 ...

证券代码：300961 证券简称：深水海纳 公告编号：2025-048 深水海纳水务集团股份有限公司 关于收到中标通知书的公告 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。 近日，深水海纳水务集团股份有限公司(以下简称"公司")收到由睢宁县桃岚 污水处理有限公司、睢宁县桃岚工业供水有限公司发出的《中标通知书》，确定 公司为睢宁县桃岚污水处理有限公司及睢宁县桃岚工业供水有限公司运营维护 项目的中标人，现将中标情况公告如下: 一、中标通知书主要内容 1、项目名称：睢宁县桃岚污水处理有限公司及睢宁县桃岚工业供水有限公 司运营维护项目 4、委托运营内容：提供污水处理一、二期和工业供水一、二期的运营、管 理、维护服务，包括生产运营、水量计量、水质化验、药剂等生产物资供应、危 固废(污泥)运输及处置、尾水生态湿地管理、设备及场内外供电供水排水等管网 (专线)的维保，帮助招标人培训水厂管理人员、应急物资应急演练、应急监测等， 满足合同要求的运维服务标准。 5、项目地点：睢宁县 104 国道北侧，老龙河西侧，朱官路东侧及睢宁县桃 岚化工园纬六路 1 号 6、中标金额：污水及 ...

Core Insights - On October 24, Deepwater Haina executed a block trade of 380,000 shares, amounting to 5.168 million yuan, which represented 1.89% of the total trading volume for the day [1][2] - The transaction price was 13.6 yuan, reflecting a discount of 22.46% compared to the market closing price of 17.54 yuan [1] Summary by Categories Trading Details - Trading Date: October 24, 2025 - Security Code: 300961 - Security Name: Deepwater Haina - Transaction Volume: 380,000 shares - Transaction Price: 13.60 yuan - Transaction Amount: 5.168 million yuan [2] Buyer and Seller Information - Buyer Brokerage: Ping An Securities Co., Ltd. - Seller Brokerage: Guotou Securities Co., Ltd. [2]

合计持股 5%以上的股东李琴及其一致行动人西藏大禹投资有限公司保证向 本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 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。 深水海纳水务集团股份有限公司（以下简称"公司"）于近日收到合计持股 5%以上股东李琴女士及其一致行动人西藏大禹投资有限公司（以下简称"西藏 大禹"）的《关于减持公司股份触及 1%整数倍的告知函》，根据公司于 2025 年 7 月 3 日披露的《关于合计持股 5%以上股东减持股份预披露公告》（公告编号： 2025-036），李琴女士及其一致行动人西藏大禹于 2025 年 8 月 8 日至 2025 年 10 月 21 日期间通过集中竞价和大宗交易方式累计减持公司股份 1,570,400 股， 减持后持股比例由 8.82%减少至 7.93%，本次变动触及 1%的整数倍。现将有关 情况说明如下： | 1.基本情况 | | | --- | --- | | 信息披露义务人 1 | 李琴 | | 住所 | 广东省深圳市福田区香梅路****号 | | 信息披露义务人 2 | 西藏大 ...

Market Overview - The environmental governance sector increased by 1.58% on October 21, with Donghu Gaoxin leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Top Gainers in Environmental Governance Sector - Donghu Gaoxin (600133) closed at 10.86, up 10.03% with a trading volume of 951,100 shares and a transaction value of 1.024 billion [1] - Fulongma (603686) closed at 25.11, up 9.99% with a trading volume of 757,200 shares and a transaction value of 1.828 billion [1] - Wuhan Holdings (600168) closed at 5.62, up 9.98% with a trading volume of 200,100 shares and a transaction value of 112 million [1] Other Notable Performers - Xianglong Electric (600769) closed at 14.35, up 7.17% with a transaction value of 426 million [1] - Tongyuan Environment (688679) closed at 24.03, up 6.90% with a transaction value of 105 million [1] - Huicheng Environmental Protection (300779) closed at 173.80, up 4.70% with a transaction value of 747 million [1] Market Capital Flow - The environmental governance sector saw a net inflow of 548 million from institutional investors, while retail investors experienced a net inflow of 67.88 million [2] - The sector had a net outflow of 616 million from speculative funds [2] Individual Stock Capital Flow - Fulongma (603686) had a net inflow of 301 million from institutional investors, but a net outflow of 134 million from speculative funds [3] - Donghu Gaoxin (600133) saw a net inflow of 233 million from institutional investors, with significant outflows from both speculative and retail investors [3] - Huicheng Environmental Protection (300779) had a net inflow of 104 million from institutional investors, while also experiencing outflows from speculative and retail investors [3]

Core Insights - Deepwater Haina (300961.SZ) reported a significant decline in revenue and net profit for the first half of 2025, with revenue decreasing by 19.93% year-on-year to 166.27 million yuan and a net loss of 15.68 million yuan, a drop of 5,290.59% compared to the previous year [1][2]. Financial Performance - The company's operating revenue for the first half of 2025 was 166.27 million yuan, down from 206.85 million yuan in the same period last year, reflecting a decrease of 19.93% [2]. - The net profit attributable to shareholders was -15.68 million yuan, compared to a profit of 302,011.90 yuan in the previous year, marking a decline of 5,290.59% [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -29.10 million yuan, a significant increase in loss from -1.95 million yuan year-on-year, representing a change of -1,389.17% [2]. - The net cash flow from operating activities was 20.06 million yuan, a substantial improvement from -14.55 million yuan in the same period last year, indicating a change of 237.88% [2]. Historical Financial Data - From 2022 to 2024, Deepwater Haina's projected operating revenues are 498 million yuan, 472 million yuan, and 372 million yuan respectively. The net profits attributable to shareholders are forecasted to be -1.22 million yuan, -34.93 million yuan, and -247 million yuan respectively [2]. - The net profit after deducting non-recurring gains and losses is expected to be -7.40 million yuan, -36.73 million yuan, and -190 million yuan for the same years [2]. - The net cash flow from operating activities is projected to be -25.54 million yuan, 45.45 million yuan, and -33.74 million yuan for the years 2022 to 2024 [2]. IPO and Fundraising - Deepwater Haina was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on March 30, 2021, with an initial public offering of 44.32 million shares at a price of 8.48 yuan per share [3]. - The total funds raised from the IPO amounted to 376 million yuan, with a net amount of 321 million yuan after deducting issuance costs, which was 284 million yuan less than the original plan [3]. - The company intended to use the raised funds for various projects, including 183 million yuan for the expansion of a new water plant in Jiangsu Province and 101 million yuan for upgrading a smart water management research center [3].