Group 1 - The total salary scale of CFOs in A-share listed companies for 2024 reaches 4.27 billion yuan, with an average salary of approximately 675,800 yuan in the environmental equipment II industry [1] - The highest salary among CFOs is 1.55 million yuan for Qiu Shucai from Longjing Environmental Protection, while the lowest is 461,800 yuan for Zhou Xianyun from Wanyi Technology [1] - The average age of CFOs is 46.9 years, with the oldest being 54 years old and the youngest at 37 years old [1] Group 2 - There is a reverse correlation between salary and education level among CFOs, with average salaries of 488,700 yuan for PhDs, 710,800 yuan for Masters, 758,100 yuan for Bachelors, and 452,800 yuan for those with associate degrees [1] - Some CFOs' salaries are not aligned with company performance, indicating a disconnect between compensation and company profitability [1] - Two CFOs received warnings or public notifications for violations in 2024-2025 [1] Group 3 - Wang Qingbo from Yingfeng Environment received two warnings but has a salary of 1.1998 million yuan for 2024, an increase of 398,800 yuan or 50% from 2023 [2] - Wang Jin from Bixing Wulian received one warning, with a salary of 574,100 yuan, due to failure to update semi-annual performance forecasts and timely disclose significant contracts [2]

专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市 公司财务总监CFO群体薪酬规模合计达42.70亿元，平均年薪为81.48万元。 分行业来看，环保-环保设备II行业（申万二级行业）上市公司财务总监CFO 2024年薪酬平均数约为67.58万元。其中薪酬最高为龙净环保 （维权）丘寿才，2024年薪酬高达155万元；薪酬最低为国林科技刘彦璐，2024年薪酬为21.59万元（统计剔除了未完整领取2024年全年薪酬 的财务总监CFO）。从整体薪酬分布来看，薪酬在50万元以下人数最多，共计9人，占比43%。 从年龄结构来看，财务总监CFO的年龄平均数约为46.9岁。其中，年龄最大的为皖仪科技周先云，年龄54岁，学历大专，2024年薪酬为46.18 万元；年龄最小的为盛剑科技郁洪伟，年龄37岁，学历本科，2024年薪酬为44.70万元。 | 公司 | 财务总监CFO | 年龄 | 学历 | 2024薪酬 (万元) | 2024-2025年 违规次 ...

Core Insights - The total compensation for CFOs in A-share listed companies reached 4.27 billion yuan in 2024, with an average annual salary of 814,800 yuan [1] - The highest-paid CFO in the environmental equipment sector is Qiu Shoucai from Longjing Environmental, earning 1.55 million yuan, while the lowest is Liu Yanlu from Guolin Technology, earning 215,900 yuan [1] - The age distribution of CFOs shows an average age of 46.9 years, with the oldest being 54 years old and the youngest at 37 years old [3] - There is a reverse correlation between education level and salary among CFOs, with those holding a doctorate earning an average of 488,700 yuan, while those with a college diploma earn 452,800 yuan [5] - Some CFOs have seen salary increases despite their companies experiencing significant declines in net profit, indicating a disconnect between compensation and performance [7] Salary Distribution - The average salary for CFOs in the environmental equipment sector is approximately 675,800 yuan, with 43% of CFOs earning below 500,000 yuan [1] - CFO Zhang Lihua from Shijin Technology received a salary of 658,300 yuan in 2024, despite the company’s net profit declining by 456.1% [7] - CFO Wang Qingbo from Yingfeng Environment received a salary of 1.1998 million yuan, a 50% increase from the previous year, despite receiving two warning letters for violations [8] Education and Performance - The educational background of CFOs includes 1 PhD, 5 Master's degrees, 11 Bachelor's degrees, and 4 with college diplomas, with corresponding average salaries reflecting a reverse relationship with education [5] - CFO Wu Kai from *ST Jieneng, despite holding a doctorate, earned 488,700 yuan, which is below the industry average, and the company faced a 21.5% decline in revenue [5] - CFOs with lower educational qualifications, such as Zhang Lihua from Shijin Technology, earned salaries close to the industry average, indicating that performance may not align with educational attainment [5] Compliance Issues - Two CFOs received warnings or public notifications for compliance violations in 2024-2025 [7] - Wang Qingbo from Yingfeng Environment, despite receiving two warnings, had a significant salary increase, raising questions about the relationship between compliance and compensation [8] - Wang Jin from Bixing Wulian received one warning and earned 574,100 yuan, highlighting ongoing compliance challenges within the industry [8]

Company Performance - As of August 8, 2025, Shijin Technology (301030) closed at 18.85 yuan, down 0.79%, with a turnover rate of 3.78% and a trading volume of 61,000 hands, amounting to 115 million yuan [1] - The latest quarterly report shows total revenue of 735 million yuan, a year-on-year decrease of 14.53%, and a net profit attributable to shareholders of 52.89 million yuan, down 33.41% year-on-year [1] - The company's non-recurring net profit is 15.89 million yuan, reflecting a significant year-on-year decrease of 78.21% [1] - The liquidity ratio is 1.013, the quick ratio is 0.611, and the debt-to-asset ratio stands at 88.67% [1] Capital Flow - On the day of reporting, the main capital saw a net outflow of 14.62 million yuan, accounting for 12.72% of the total trading volume [1] - Large orders experienced a net outflow of 10.80 million yuan, representing 9.4% of the trading volume, while small orders had a net inflow of 5.04 million yuan, accounting for 4.39% [1] Company Background - Shijin Technology Co., Ltd. was established in 2005 and is located in Suzhou, primarily engaged in ecological protection and environmental governance [2] - The company has a registered capital of 2.016 billion yuan and a paid-in capital of 350 million yuan [1][2] - The company has made investments in 22 enterprises and participated in 240 bidding projects, holding 8 trademarks and 297 patents, along with 16 administrative licenses [2]

仕净科技最新一期业绩显示，截至2025一季报，公司营业总收入7.35亿元、同比减少14.53%，归属净利 润5289.06万元，同比减少33.41%，扣非净利润1588.90万元，同比减少78.21%，流动比率1.013、速动比 率0.611、资产负债率88.67%。 金融界消息 截至2025年8月7日收盘，仕净科技（301030）报收于19.0元，上涨2.04%，换手率5.75%， 成交量9.28万手，成交金额1.74亿元。 资金流向方面，今日主力资金净流入2093.76万元，占比成交额12.02%。其中，超大单净流入1145.95万 元、占成交额6.58%，大单净流入947.81万元、占成交额5.44%，中单净流出流出431.08万元、占成交额 2.47%，小单净流出1662.67万元、占成交额9.54%。 通过天眼查大数据分析，苏州仕净科技股份有限公司共对外投资了22家企业，参与招投标项目240次， 知识产权方面有商标信息8条，专利信息296条，此外企业还拥有行政许可16个。 来源：金融界 天眼查商业履历信息显示，苏州仕净科技股份有限公司，成立于2005年，位于苏州市，是一家以从事生 态保护和环境治理业 ...

东吴证券研报指出，仕净科技光伏配套+制造双轮驱动，拓展多元业务板块。公司凭品牌、技术、成本 优势巩固光伏电池制程废气治理设备龙头地位受益于新技术路线&一体化品类扩张带动公司单位价值量 提升，在手订单充裕。设备端：根据订单释放节奏，预计2025年配套设备订单同比修复，随下游扩张后 续稳健增长，制程污染防控设备/末端污染治理设备毛利率有望修复回升。光伏电池片：随着产能爬坡 收入提升，行业出清中先进产能更具优势，盈利有望逐步修复。考虑公司为光伏配套设备龙头，下游客 户多元化拓展，布局先进电池片产能，随行业出清&海外拓展，有望迎经营拐点，首次覆盖，给予"增 持"评级。 ...

Group 1 - The company is actively expanding its diversified business segments to reduce reliance on a single business, with process pollution control equipment remaining the core revenue source, projected to generate 1.115 billion yuan in 2024, accounting for 54.31% of total revenue, down from 94.42% in the previous year [1] - The end-of-pipe pollution control equipment is expected to generate 219 million yuan in 2024, showing a year-on-year growth of 47.49% from 149 million yuan last year [1] - The company is rapidly developing its photovoltaic products business, with projected revenue of 644 million yuan in 2024, making up 31.35% of total revenue [1] Group 2 - The company solidifies its leading position in the photovoltaic battery process waste gas treatment equipment market through brand, technology, and cost advantages, benefiting from new technology routes and integrated product category expansion, resulting in abundant orders [2] - The company has a strong patent portfolio with 262 patents, including 60 invention patents and 202 utility model patents, achieving a 95% denitrification efficiency and multi-pollutant collaborative treatment [2] - The company has a diverse customer base across various industries, including semiconductor, fine chemicals, automotive manufacturing, steel metallurgy, and cement, which mitigates the risk of high customer industry concentration [2] Group 3 - The company is establishing a high-efficiency solar cell production base in Ningguo, utilizing the world's most advanced automated production equipment, with a projected battery conversion efficiency of ≥26.5% and a bifacial rate of ≥80% in 2024 [3] - The company adopts the mainstream TOPCon technology route, which can enhance photoelectric conversion efficiency by 0.2% and significantly reduce non-silicon manufacturing costs [3] - The company leverages its experience and technical advantages in various industries to effectively lower solar cell production costs, saving water and energy [3] Group 4 - The company is innovating a carbon capture business model by utilizing steel slag to capture CO2 from flue gas, generating solid carbon materials for low-carbon cement/concrete production, enhancing the utilization rate of industrial solid waste [4] - The demand for carbon capture is expected to accelerate, leveraging the company's catalytic technology advantages to capture CO2 at low costs and resourceize steel slag into building materials [4] - The company forecasts a recovery in equipment orders by 2025, with expected net profits of 22 million yuan, 153 million yuan, and 255 million yuan for 2025-2027, respectively, indicating a potential operational turning point [4]

Core Viewpoint - The report highlights Shijin Technology's (301030) dual-driven strategy of expanding its photovoltaic and manufacturing business segments, aiming to reduce reliance on a single revenue source and enhance overall growth potential [1]. Business Diversification - The company is actively diversifying its business segments to mitigate risks associated with dependence on a single revenue stream. In 2024, the revenue from process pollution control equipment is projected to be 1.115 billion yuan, accounting for 54.31% of total revenue, a significant decrease from 94.42% in the previous year. Meanwhile, revenue from end pollution control equipment is expected to reach 219 million yuan, a year-on-year increase of 47.49%. Additionally, revenue from photovoltaic products is anticipated to be 644 million yuan, representing 31.35% of total revenue, marking a rapid rise in importance [1]. Market Position and Order Growth - The company has solidified its leading position in the market for process pollution control equipment, benefiting from new technology routes and integrated product expansions. It holds 262 patents, including 60 invention patents and 202 utility model patents, with a 95% denitrification efficiency. The company has a diverse customer base across various industries, which helps mitigate risks associated with high customer concentration [2]. Advanced Battery Production Capacity - The company is establishing a high-efficiency solar cell production base in Ningguo, utilizing the most advanced automated production equipment. The projected battery conversion efficiency is ≥26.5%, with a bifacial rate of ≥80%. The adoption of the mainstream TOPCon technology is expected to enhance efficiency and reduce non-silicon manufacturing costs [3]. Carbon Resource Utilization - The company is innovating a carbon capture business model by utilizing steel slag to capture CO2 from flue gas, converting it into solid carbon materials for low-carbon cement and concrete production. This approach enhances the utilization of industrial waste and reduces carbon emissions in cement and concrete production [4]. Profit Forecast and Investment Rating - The company anticipates a recovery in equipment orders by 2025, with expected net profits of 22 million yuan, 153 million yuan, and 255 million yuan for 2025-2027. The corresponding price-to-earnings ratios are projected to be 166, 24, and 15 times, respectively. Given its leadership in photovoltaic equipment and diversified customer base, the company is rated as "Buy" [4].

Investment Rating - The report assigns an "Accumulate" rating for the company for the first time [1] Core Views - The company is actively expanding its diversified business segments to reduce reliance on a single business, with significant growth in its photovoltaic products and end-of-pipe pollution control equipment [12][13] - The company is positioned as a leader in the process pollution control equipment sector, benefiting from strong technical barriers and a diverse customer base across multiple industries [28] - The company is enhancing its cost advantages through the establishment of advanced solar cell production capacity and innovative carbon capture technologies [30][29] - The financial forecast indicates a recovery in net profit from a loss in 2024 to positive figures in 2025-2027, with expected net profits of 0.22 billion, 1.53 billion, and 2.55 billion respectively [31][32] Summary by Sections Business Diversification - The company is reducing its dependence on process pollution control equipment, which accounted for 54.31% of revenue in 2024, down from 94.42% the previous year. The end-of-pipe pollution control equipment revenue grew by 47.49% year-on-year [12][13] - Revenue from photovoltaic products reached 6.44 billion in 2024, making up 31.35% of total revenue, indicating rapid growth in this segment [12][13] Technical Leadership and Market Position - The company holds 262 patents, including 60 invention patents, and has established itself as a leader in the process pollution control equipment market, particularly in the photovoltaic sector [28] - The diverse customer base across industries such as semiconductor, fine chemicals, automotive, metallurgy, and construction helps mitigate risks associated with industry concentration [28] Cost Management and Production Capacity - The company is building a high-efficiency solar cell production base with advanced automation, achieving a cell conversion efficiency of ≥26.5% and a bifacial rate of ≥80% [29] - The adoption of the TOPCon technology is expected to enhance efficiency and reduce production costs significantly [29] Financial Forecast - The company anticipates a recovery in profitability, with net profit projections of 0.22 billion in 2025, 1.53 billion in 2026, and 2.55 billion in 2027, reflecting a significant turnaround from a loss of 0.77 billion in 2024 [31][32]

天眼查商业履历信息显示，苏州仕净科技股份有限公司，成立于2005年，位于苏州市，是一家以从事生 态保护和环境治理业为主的企业。企业注册资本20160.703万人民币，实缴资本3500万人民币。公司法 定代表人为董仕宏。 通过天眼查大数据分析，苏州仕净科技股份有限公司共对外投资了22家企业，参与招投标项目240次， 知识产权方面有商标信息8条，专利信息296条，此外企业还拥有行政许可16个。 来源：金融界 金融界消息 截至2025年7月29日收盘，仕净科技（301030）报收于18.86元，上涨0.48%，换手率 4.08%，成交量6.59万手，成交金额1.23亿元。 资金流向方面，今日主力资金净流出1200.31万元，占比成交额9.75%。其中，超大单净流入85.77万 元、占成交额0.7%，大单净流出1286.08万元、占成交额10.44%，中单净流出流入123.18万元、占成交 额1.0%，小单净流入1077.13万元、占成交额8.75%。 仕净科技最新一期业绩显示，截至2025一季报，公司营业总收入7.35亿元、同比减少14.53%，归属净利 润5289.06万元，同比减少33.41%，扣非净利润158 ...