Group 1: Company Overview and Business Development - Huaxin Green Source Environmental Co., Ltd. has evolved from electronic waste recycling to include dismantling of scrapped vehicles, hazardous waste disposal, and resource utilization, with a focus on precious metals and non-ferrous metals recovery [2][3]. - The company maintains a stable development in traditional businesses while actively pursuing strategic emerging sectors such as recycled cathode copper and hydrogen refining of waste mineral oil [3][4]. Group 2: Traditional Business Positioning - The company operates two dismantling bases for electronic waste in Beijing and Ulanqab, Inner Mongolia, with Beijing being the market leader [4]. - In hazardous waste disposal, the subsidiary has a landfill capacity of 95,000 tons per year and qualifications for incinerating 20,000 tons of industrial solid waste, making it one of the larger players in the industry [4]. Group 3: Talent and Technical Resources - The company has a robust reserve of technical personnel, developed through years of technical accumulation and continuous R&D investment, ensuring strong support for business development [5]. - For new projects, the company combines internal training and external recruitment to build a skilled workforce, aligning talent acquisition with business development needs [5][6]. Group 4: Project Progress - The first phase of the Hainan project is progressing smoothly, with subsequent phases to be advanced based on the development of the initial phase [6].

Investment Rating - The report maintains an "Accumulate" rating for the environmental protection industry [1]. Core Views - The environmental protection industry is experiencing significant growth, with companies like Longjing Environmental and Guangda Environment showing substantial increases in revenue and profit [1][6]. - The report emphasizes the importance of cash flow and green value in the waste-to-energy sector, highlighting the potential for growth in overseas markets [1][6]. - The report outlines a strategic focus on energy-saving equipment and industrial green transformation, driven by government policies and market dynamics [9][10]. Industry Trends - The report notes a 34% increase in Longjing Environmental's profit, with a revenue of 11.1 billion yuan, reflecting a strong performance despite impairment losses [1][6]. - Guangda Environment's revenue structure is shifting, with operational income increasing to 72% of total revenue, while construction income has decreased significantly [1][6]. - The report highlights the rising prices of biofuels, particularly bio-jet fuel, which has seen a 24.4% increase in Europe and a 4.7% increase in China [19][20]. Company Performance - Longjing Environmental's revenue for 2025 is reported at 11.9 billion yuan, a 43% increase after accounting for impairment [1][6]. - Guangda Environment's financial expenses have decreased, contributing to a net profit increase of 16% [1][6]. - The report recommends several companies for investment, including Longjing Environmental, Guangda Environment, and others, based on their growth potential and market positioning [1][6]. Policy Tracking - The report discusses the "High-Quality Development Implementation Plan for Energy-Saving Equipment," which focuses on six key types of energy-saving equipment to support industrial green transformation [9][10]. - It emphasizes the need for optimizing energy systems and integrating artificial intelligence into energy-saving equipment to enhance efficiency and reduce carbon emissions [9][10]. Market Dynamics - The report indicates a significant increase in the sales of new energy sanitation vehicles, with a 70.9% year-on-year growth, reflecting a growing trend towards electrification in the sanitation sector [34][42]. - The report also notes a decline in lithium and cobalt prices, impacting profitability in the lithium battery recycling sector [48][49].

华新绿源资源科技股份有限公司 章 程 1 | 第一章 | 总则 | 1 | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 3 | | 第三章 | 股份 | 3 | | 第四章 | 股东和股东会 8 | | | 第五章 | 董事和董事会 33 | | | 第六章 | 总经理及其他高级管理人员 49 | | | 第七章 | 财务会计制度、利润分配和审计 | 54 | | 第三节 | 会计师事务所的聘任 60 | | | 第九章 | 通知和公告 61 | | --- | --- | | 第十章 | 合并、分立、增资、减资、解散和清算 62 | | 第十一章 | 修改章程 66 | | 第十二章 | 附则 67 | 第一章 总则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和行 为，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国 证券法》（以下简称"《证券法》"）、《上市公司章程指引》、《深圳证券交易所创 业板股票上市规则》（以下简称"《创业板股票上市规则》"）、《深圳证券交易所上 市公司自律监管指引第2号——创业板上市公司规范运作》和其他法 ...

证券代码：301265 证券简称：华新环保 公告编号：2026-016 华新绿源环保股份有限公司 关于拟变更公司名称、证券简称、经营范围及 修订《公司章程》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《中华人民共和国公司法》《中华人民共和国证券法》《上市公司章 程指引》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司 自律监管指引第2号——创业板上市公司规范运作》等法律法规、规范性文件的 规定，为更精准体现公司业务发展方向与市场价值，进一步完善公司治理结 构，推动内部控制制度与外部环境及公司管理需求相适配，华新绿源环保股份 有限公司（以下简称"公司"）于 2026 年 3 月 23 日召开第四届董事会第十三次 会议，审议通过了《关于拟变更公司名称、证券简称、经营范围及修订<公司章 程>的议案》，同意公司将名称由"华新绿源环保股份有限公司"变更为"华新 绿源资源科技股份有限公司"，同时将证券简称由"华新环保"变更为"华新 科技"，同时变更经营范围、修订《公司章程》。具体情况如下： 一、拟变更公司名称、证券简称、经营范围 根据公司经营和 ...

林耀武先生原定任期为2024年 11月14 日至第四届董事会届满时止，截至本公 告披露日，林耀武先生直接持有公司股份1,200.05万股,占公司股份总数的3.96%，通 过北京恒易伟业企业管理合伙企业（有限合伙）间接持有公司50.00万股，占公司股 份总数的0.16%。其配偶或其他关联人未持有公司股份，不存在应履行而未履行的承 诺事项。 离任后，林耀武先生继续严格遵守《上市公司股东、董监高减持股份的若干规 定》《深圳证券交易所上市公司股东及董事、监事、高级管理人员减持股份实施细 则》的相关规定以及《首次公开发行股票并在创业板上市招股说明书》《首次公开 发行股票并在创业板上市之上市公告书》中的相关承诺。 公司及公司董事会对林耀武先生任职高管期间为公司发展所做出的贡献表示由 衷的感谢！ 特此公告。 证券代码：301265 证券简称：华新环保 公告编号：2026-017 华新绿源环保股份有限公司 关于公司高管离任的公告 本公司及董事会全体成员保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 华新绿源环保股份有限公司（以下简称 "公司"）董事会近日收到 ...

根据《中华人民共和国公司法》和《华新绿源环保股份有限公司章程》（以 下简称"《公司章程》"）的有关规定，经华新绿源环保股份有限公司（以下简称 "公司"）于 2026 年 3 月 23 日召开的第四届董事会第十三次会议审议通过，决定 于 2026 年 4 月 8 日（星期三）召开公司 2026 年第三次临时股东会，现将会议有 关事宜通知如下： 一、本次股东会的基本情况 证券代码：301265 证券简称：华新环保 公告编号：2026-018 华新绿源环保股份有限公司 关于召开2026年第三次临时股东会的通知 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。 1、股东会的届次：2026 年第三次临时股东会 2、会议召集人：公司董事会 3、会议召开的合法、合规性：本次股东会召开经公司第四届董事会第十三 次会议审议通过，召集程序符合有关法律、行政法规、部门规章、规范性文件 和《公司章程》的规定。 4、会议召开日期、时间： 现场会议召开日期和时间：2026 年 4 月 8 日下午 14:30 时 网络投票日期和时间：通过深圳证券交易所交易系统进行网络投票的时间 为 2026 ...

证券代码：301265 证券简称：华新环保 公告编号：2026-015 华新绿源环保股份有限公司 第四届董事会第十三次会议决议公告 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 华新绿源环保股份有限公司（以下简称"公司"）第四届董事会第十三次会议 于2026 年 3 月 23日以现场结合通讯会议方式召开。本次会议通知于2026年 3 月 20 日以电子邮件方式发出。本次会议应参会董事6 名，实际参会董事 6 名，其 中董事张玉林、周霞、余大洪以通讯方式出席。会议由董事长张军主持召开，公 司部分高级管理人员列席了本次会议。本次会议的召开符合《公司法》和《公司 章程》的有关规定，所做决议合法有效。 2、审议通过《关于召开2026年第三次临时股东会的通知》 经审议，同意公司于 2026 年 4 月 8 日（星期三）14:30 时采取现场投票与网 络投票相结合的方式召开 2026 年第三次临时股东会。 具体内容详见公司同日披露于巨潮资讯网的《关于召开 2026 年第三次临时 股东会的通知》。 表决结果：同意 6 票，反对 0 票，弃权 0 票 ...

Group 1 - Huanxin Environmental Protection (SZ 301265) announced that on March 16, 2026, it will accept an investor survey conducted by CITIC Securities Co., Ltd. [1] - The company's General Manager Wang Jianming, Secretary of the Board and Financial Officer Li Hongwei, and Director of Investor Relations and Securities Affairs Representative Li Tong will participate in the meeting and respond to investor inquiries [1] Group 2 - A controversy has erupted regarding OTA (Over-the-Air) updates for smart cars, highlighting issues such as inability to upgrade, hidden "lock battery" features, and discrepancies in promotional claims [1] - The implementation of mandatory national standards will restrict car manufacturers from making arbitrary OTA upgrades [1]

Group 1: Company Development Strategy - The company's development strategy focuses on stabilizing traditional businesses such as electronic waste dismantling and hazardous waste disposal while promoting industrial upgrades through projects like precious metal extraction and resource utilization of cobalt-containing waste [2] - The company aims to build a technology-driven system with differentiated competitive advantages by leveraging continuous R&D investment, patent technology, and innovative information technology [2] Group 2: Market Position and Share - In the electronic waste dismantling sector, the company operates in Beijing and Ulanqab, Inner Mongolia, with a leading position in the Beijing market [2] - The company’s subsidiary, Huaxin Kaiye, is one of seven vehicle dismantling enterprises in Beijing [2] Group 3: Hazardous Waste Disposal Capacity - The subsidiary has a landfill capacity of 95,000 tons per year and incineration capacity of 30,000 tons for hazardous waste and 20,000 tons for industrial solid waste, making it one of the larger players in the industry [3] Group 4: Metal Resource Recycling Projects - The company has three projects focused on metal resource recycling, including precious metal recovery and recycling of non-ferrous metals, with expected revenue and profitability in 2026 [4] - The company’s subsidiary, Huaxin Jintong, is expected to achieve acceptance and production in 2026 [4] Group 5: Risk Management and Hedging - The company has established a futures account and trained personnel for hedging against price fluctuations in metals such as copper and platinum, viewing hedging as a stabilizing tool for business operations [5] Group 6: Project Development and Workforce - The company is actively advancing the construction of its Hainan project, with future phases to be determined based on the first phase's progress [6] - The company maintains a competitive output efficiency while controlling labor scale, emphasizing the importance of technical talent for project innovation and production [6]

Investment Rating - The report maintains a rating of "Add" for the environmental protection industry [1]. Core Insights - The 2026 government work report emphasizes accelerating the comprehensive green transformation and constructing a new energy system, with a target of reducing carbon emissions per unit of GDP by 3.8% [9][10]. - Companies such as Weiming and Wangneng have successfully won contracts for waste incineration projects in Indonesia, marking a significant step for solid waste management overseas [16][17]. - The report highlights the growth potential in the environmental protection sector driven by policy support and economic validation, particularly in areas like waste incineration and electric sanitation vehicles [25][30]. Summary by Sections Government Policy Insights - The 2026 government work report outlines a shift from energy consumption control to carbon emission control, with specific targets for reducing carbon emissions per unit of GDP [9][10]. - The report also introduces a national low-carbon transition fund to foster new growth points in hydrogen and green fuels, marking a significant policy shift [11][12]. Company Developments - Weiming Environmental has been awarded a contract for a 1500 tons/day waste incineration project in Bali, Indonesia, with a 30-year operational period [16][17]. - Wangneng Environmental has also secured a similar project in Indonesia, indicating a growing trend of Chinese companies expanding into international waste management markets [18][19]. Industry Trends - The report notes a significant increase in the sales of electric sanitation vehicles, with a year-on-year growth of 70.9% and a penetration rate of 21.11% in 2025 [30][31]. - The prices of biofuels, including biojet fuel and biodiesel, have remained stable, indicating a steady market environment for these products [41][42]. Investment Recommendations - The report recommends focusing on companies with strong growth potential in the environmental sector, such as Longjing Environmental, Green Power, and others involved in waste management and renewable energy [25][26].