分红方面，武汉天源A股上市后累计派现1.75亿元。近三年，累计派现1.56亿元。 责任编辑：小浪快报 资料显示，武汉天源集团股份有限公司位于湖北省武汉市汉南区兴城大道400号天源天骄大厦，成立日 期2009年10月21日，上市日期2021年12月30日，公司主营业务涉及环保装备研发制造与销售、环保工程 建造和环保项目运营服务。主营业务收入构成为：环保整体解决方案73.89%，水处理运营服务及第三 方服务15.06%，高端环保装备制造6.60%，固体废弃物处置服务及资源化4.08%，其他(补充)0.36%，绿 色能源及其他0.01%。 截至10月20日，武汉天源股东户数1.62万，较上期减少3.30%；人均流通股41098股，较上期增加 3.42%。2025年1月-9月，武汉天源实现营业收入11.62亿元，同比减少5.21%；归母净利润1.38亿元，同 比减少26.48%。 11月6日，武汉天源涨2.19%，成交额1.02亿元。两融数据显示，当日武汉天源获融资买入额882.54万 元，融资偿还1175.79万元，融资净买入-293.25万元。截至11月6日，武汉天源融资融券余额合计5.85亿 元。 融资方面，武 ...

Core Viewpoint - Wuhan Tianyuan, established in 2009 and listed in 2021, is a specialized enterprise in the environmental protection industry with strong technical capabilities in environmental equipment manufacturing and engineering services [1] Group 1: Business Performance - For Q3 2025, Wuhan Tianyuan reported revenue of 1.162 billion, ranking 18th among 51 companies in the industry, with the industry leader, Chuangshuo Environmental, achieving 13.453 billion [2] - The net profit for the same period was 138 million, placing the company 16th in the industry, while the top performer reported a net profit of 1.908 billion [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 61.79%, an increase from 55.29% year-on-year, exceeding the industry average of 49.82% [3] - The gross profit margin for the same period was 34.35%, slightly up from 33.98% year-on-year, and higher than the industry average of 32.13% [3] Group 3: Executive Compensation - The chairman, Huang Kaiming, received a salary of 654,000, a decrease of 230,000 from the previous year [4] - The president, Huang Zhaowei, saw an increase in salary to 750,100, up by 135,200 from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.32% to 16,900, while the average number of circulating A-shares held per account decreased by 0.32% to 39,300 [5] - The company is focusing on diverse growth in energy, digital, and equipment sectors, with strong orders in environmental projects and a shift towards solid waste management [5] Group 5: Future Outlook - The company is expected to achieve net profits of 500 million, 610 million, and 750 million for 2025 to 2027, reflecting year-on-year growth of +50%, +22%, and +23% respectively [5]

Core Viewpoint - Wuhan Tianyuan (301127.SZ) reported a decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters was 1.162 billion yuan, representing a year-on-year decrease of 5.21% [1] - The net profit attributable to shareholders of the listed company was 138 million yuan, down 26.48% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 134 million yuan, a decrease of 26.63% year-on-year [1] - Basic earnings per share were 0.21 yuan [1]

Core Insights - Wuhan Tianyuan (301127.SZ) reported a revenue of 1.162 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 5.21% [1] - The net profit attributable to shareholders of the listed company was 138 million yuan, down 26.48% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 134 million yuan, a decrease of 26.63% year-on-year [1] - The basic earnings per share stood at 0.21 yuan [1]

| 证券代码：301127 | 证券简称：武汉天源 | 公告编号：2025-109 | | --- | --- | --- | | 债券代码：123213 | 债券简称：天源转债 | | 武汉天源集团股份有限公司 关于2025年前三季度计提信用及资产减值准备的公告 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。 根据《深圳证券交易所创业板股票上市规则》的相关规定，武汉天源集 团股份有限公司（以下简称"公司"或"本集团"）依据《企业会计准则》 以及公司相关会计政策的规定，为真实、准确反映公司2025年前三季度财务 状况、资产价值与经营成果，公司及子公司对各类资产进行全面清查和减值 测试，基于谨慎性原则，对截至2025年9月30日合并报表范围内可能发生信用 及资产减值损失的有关资产计提信用及资产减值准备。现将具体事宜公告如 下： 一、本次计提减值准备情况概述 （一）本次计提减值准备的原因 根据《企业会计准则》《深圳证券交易所创业板股票上市规则》等有关 规定，为真实、准确反映公司财务状况、资产价值及经营成果，公司对截至 2025年9月30日合并报表范围内的各类资产进 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥319,510,957.55, a decrease of 23.39% compared to the same period last year[6] - Net profit attributable to shareholders was ¥7,146,244.79, down 89.39% year-on-year[6] - The basic earnings per share decreased by 91.67% to ¥0.01[6] - Total operating revenue for the current period is ¥1,161,927,072.35, a decrease of 5.2% compared to ¥1,225,756,643.95 in the previous period[26] - Net profit for the current period is ¥138,127,723.79, a decline of 26.4% from ¥187,743,523.06 in the previous period[27] - Total comprehensive income for the period was CNY 138,127,723.79, compared to CNY 187,743,523.06 in the previous period, reflecting a decrease of approximately 26.4%[28] - Basic and diluted earnings per share were both CNY 0.21, down from CNY 0.32 in the previous period, representing a decline of 34.4%[28] Assets and Liabilities - Total assets increased by 26.55% to ¥9,169,854,720.42 compared to the end of the previous year[6] - The company's total assets increased to ¥9,169,854,720.42, up from ¥7,246,313,495.32, representing a growth of 26.5%[25] - Non-current liabilities rose to ¥4,199,489,908.40, an increase of 87.5% compared to ¥2,235,469,435.20 in the previous period[25] - The total liabilities increased to ¥5,665,803,071.44, up from ¥3,961,963,645.67, indicating a growth of 43.0%[25] Cash Flow - Cash flow from operating activities showed a net outflow of ¥249,517,318.78, an improvement of 7.26% compared to the previous period[12] - Cash inflow from operating activities was CNY 467,376,916.38, an increase of 65.5% compared to CNY 282,625,603.87 in the previous period[28] - Cash outflow from operating activities totaled CNY 716,894,235.16, up from CNY 551,670,318.66, indicating a rise of 30.0%[29] - Net cash flow from operating activities was CNY -249,517,318.78, slightly improved from CNY -269,044,714.79 in the previous period[29] - Cash inflow from investing activities was CNY 4,049,595.88, compared to CNY 4,480,409.30 in the previous period, showing a decrease of 9.6%[29] - Cash outflow from investing activities surged to CNY 2,084,928,465.81, compared to CNY 491,837,754.15, reflecting a significant increase of 323.5%[29] - Net cash flow from investing activities was CNY -2,080,878,869.93, worsening from CNY -487,357,344.85 in the previous period[29] - Cash inflow from financing activities was CNY 2,400,516,837.76, a substantial increase from CNY 534,320,851.79, representing a growth of 348.5%[29] - Net cash flow from financing activities was CNY 2,006,710,747.36, compared to CNY 158,299,897.96 in the previous period, indicating a significant improvement[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,938[14] - Hubei Tianyuan Environmental Protection Group holds 29.73% of shares, totaling 200,455,340 shares[14] - The second largest shareholder, Konka Group Co., Ltd., holds 11.80% of shares, totaling 79,583,973 shares[14] - The top ten shareholders do not include any shares that are subject to lending through margin trading[15] - The top ten unrestricted shareholders include Hubei Tianyuan Environmental Protection Group and Konka Group, among others[15] - The total number of shares held by the top ten unrestricted shareholders is 329,000,000 shares[15] Corporate Governance - The company plans to adjust its corporate governance structure by eliminating the supervisory board and assigning its powers to the audit committee of the board[19] - The company has no preferred shareholders or preferred shareholder changes to report[16] Investment and R&D - Research and development expenses rose by 57.10% to ¥56,829,670.82, reflecting increased investment in R&D[12] - Research and development expenses increased to ¥56,829,670.82, up from ¥36,173,674.40, marking a rise of 57.4%[26] - The company reported an investment loss of ¥18,390,769.58, compared to a loss of ¥16,523,980.88 in the previous period[27] Debt and Financing - Long-term borrowings increased by 127.98% to ¥3,710,480,423.11, primarily due to financing for fixed assets and franchise projects[11] - The company issued 10 million convertible bonds with a total value of RMB 1 billion on July 28, 2023, with a coupon rate of 0.50%[18] - The company issued a total of 1,000,000 convertible bonds with a face value of RMB 100 each, with interest payments starting in 2025[18] - The company will not exercise the early redemption rights for the convertible bonds within the next six months, maintaining its current bond structure[20] Construction and Expansion - The company reported a significant increase in construction in progress, rising 4452.42% to ¥638,821,322.56, indicating expansion in the green energy sector[11]

证券代码：301127 证券简称：武汉天源 债券代码：123213 债券简称：天源转债 中天国富证券有限公司 关于 武汉天源集团股份有限公司 向不特定对象发行可转换公司债券 2025 年第七次临时受托管理事务报告 债券受托管理人 二零二五年十月 1 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜作出独立判断，而不应将本报告中的任何内容据以作为中天国富证券所 作的承诺或声明。在任何情况下，未经中天国富证券书面许可，不得用作其他 任何用途。 2 一、核准文件和核准规模 武汉天源环保股份有限公司（更名后的公司名称为"武汉天源集团股份有限 公司"，以下简称"公司"或"武汉天源"）向不特定对象发行可转换公司债券的 发行方案及相关事项已经由公司第五届董事会第十八次会议、第五届监事会第十 三次会议审议通过，并经公司 2022 年第七次临时股东大会审议通过。 中国证券监督管理委员会出具《关于同意武汉天源环保股份有限公司向不特 定对象发行可转换公司债券注册的批复》（证监许可〔2023〕1349 号），同意公司 向不特定对象发行可转换公司债券的注册申请。 公司于 2023 年 7 月 28 日向不特定对 ...

Core Viewpoint - Wuhan Tianyuan (301127) announced that the company has no overdue guarantees, no litigation-related guarantees, and no losses due to being ruled against in guarantee cases [1] Summary by Relevant Categories Company Status - The company confirmed the absence of overdue guarantees [1] - There are no ongoing litigations related to guarantees [1] - The company has not incurred any losses from being ruled against in guarantee cases [1]

根据《中华人民共和国证券法》《深圳证券交易所上市公司自律监管指引 第15号——可转换公司债券》《深圳证券交易所公司债券存续期监管业务指引 第2号——临时报告》等相关规定，武汉天源集团股份有限公司（以下简称"公 司"）就截至2025年9月30日新增借款情况予以披露。具体情况如下： | | | 武汉天源集团股份有限公司 关于当年累计新增借款超过上年末净资产百分之五十 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。 一、主要财务数据概况 截至2024年12月31日，公司经审计归属于上市公司股东的净资产为 324,581.16万元，借款余额为214,332.38万元。 截至2025年9月30日，公司借款余额为419,402.02万元，较2024年末增加 205,069.64万元，新增借款占公司2024年末归属于上市公司股东的净资产比例为 63.18%，超过50%。 二、主要新增借款类型 单位：万元 | 新增借款类型 | 新增借款金额 | 新增借款金额占2024年末归属于 上市公司股东的净资产比例 | | --- | --- | --- | | 银行贷款 | 2 ...

| 证券代码：301127 | 证券简称：武汉天源 | 公告编号：2025-106 | | --- | --- | --- | | 债券代码：123213 | 债券简称：天源转债 | | 武汉天源集团股份有限公司 关于孙公司向银行等金融机构申请综合授信额度及 担保的进展公告 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。 特别风险提示： 截至本公告披露日，武汉天源集团股份有限公司（以下简称"公司"）及子 公司提供的担保总余额已超过最近一期经审计归属于上市公司股东净资产的 100%。其中，控股孙公司新疆兴起航新能源有限公司（以下简称"新疆兴起航" 或"控股孙公司"）截至 2025 年 6 月 30 日的资产负债率已超过 70%，公司将其 列为资产负债率超过 70%的担保对象，且在本次担保置换完成前，对其提供的担 保总余额已超过公司最近一期经审计归属于上市公司股东净资产的 50%。敬请投 资者充分关注担保风险。 一、担保情况概述 1、公司于2025年3月14日召开第六届董事会第十二次会议和第六届监事会第 八次会议，并于2025年4月7日召开2024年年度股东会，审 ...