Group 1 - The company, 瑞晨环保 (301273.SZ), has released a profit forecast for 2025, expecting a net loss attributable to shareholders of between 55 million to 75 million yuan, primarily due to intensified industry competition, declining gross margins, and increased operating expenses [1] - The company's stock price increased by 2.61% on January 9, 2026, with a net inflow of main funds amounting to 309,900 yuan, indicating that short-term market sentiment is influenced by the activity of small and mid-cap stocks and policy expectations [2] - As of September 30, 2025, institutional holdings show that 诺安多策略混合A has increased its stake to 576,900 shares, while 华夏磐泰混合 has exited the top ten circulating shareholders, suggesting a shift in institutional investment strategies within the sector [3] Group 2 - The company operates in the energy-saving and environmental protection industry, which is supported by long-term "dual carbon" policies, but attention is needed on its profit improvement progress and competitive landscape [3]

上海瑞晨环保科技股份有限公司 关于持股 5%以上股东减持至 5%以下 暨披露简式权益变动报告书的提示性公告 持股 5%以上股东宁波巨晨樊融投资管理合伙企业（有限合伙）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公告内容与信息披露义务人提供的信息一致。 特别提示： 1、本次权益变动主体为上海瑞晨环保科技股份有限公司（以下简称"公司"） 持股5%以上股东宁波巨晨樊融投资管理合伙企业（有限合伙）（以下简称"巨晨 樊融"），巨晨樊融不是公司控股股东、实际控制人，本次权益变动不会对公司 治理结构、股权结构及未来持续经营产生重大影响，也不会导致公司控制权发生 变更。 证券代码：301273 证券简称：瑞晨环保 公告编号：2026-003 本次权益变动前后，巨晨樊融的持股情况如下： | 股东姓名 | 权益变动前持股情况 | | 权益变动后持股情况 | | | --- | --- | --- | --- | --- | | | 持股数量（股） | 持股比例 | 持股数量（股） | 持股比例 | | 巨晨樊融 | 5,287,500 | 7.3805% | 3, ...

上海瑞晨环保科技股份有限公司 简式权益变动报告书 上市公司名称：上海瑞晨环保科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：瑞晨环保 股票代码：301273 信息披露义务人：宁波巨晨樊融投资管理合伙企业（有限合伙） 住所及通讯地址：浙江省宁波市北仑区梅山七星路88号1幢401室B区N0013 股份变动性质：持股比例降至5%以下（信息披露义务人通过集中竞价和大 宗交易方式减持股份） 一、本报告书系信息披露义务人依据《中华人民共和国公司法》《中华人民 共和国证券法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容 与格式准则第15号——权益变动报告书》等相关法律、法规和规范性文件编制。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司 收购管理办法》《公开发行证券的公司信息披露内容与格式准则第15号——权益 变动报告书》，本报告书已全面披露了信息披露义务人所拥有的上海瑞晨环保科 技股份有限公司权益的股份变动情况。 截至本报告书签署日，除本报告书披露的持 ...

Core Viewpoint - The company anticipates a net loss of between 75 million to 55 million yuan for the fiscal year 2025, representing a year-over-year decline of 134.09% to 71.67% [1] Group 1: Financial Performance - The expected net profit decline is attributed to intensified industry competition, which has led to challenges in product pricing and a slight decrease in overall gross margin compared to the previous year [1] - The company has increased its market investment and new product development, resulting in higher selling and research & development expenses [1] Group 2: Asset Management - The company conducted a comprehensive review and impairment testing of various assets based on prudence principles, leading to the provision for impairment on receivables and other assets [1]

Financial Performance - The company expects a net profit of approximately -75 million CNY for the year 2025, representing a decline of 134.09% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses is projected to be around -78 million CNY, a decrease of 133.75% year-over-year[5] - The decline in profit is attributed to increased industry competition, which has led to challenges in product pricing and a slight decrease in overall gross margin compared to the previous year[8] Investment and Expenses - The company has increased its market investment and new product development efforts, resulting in higher selling and R&D expenses during the reporting period[8] Audit and Reporting - The final impairment amounts for various assets will be determined after audit by the annual auditing firm[7] - The performance forecast data is based on preliminary estimates by the company's finance department and has not yet been audited by the accounting firm[6] - The company will disclose the audited performance data in detail in the 2025 annual report[9] - The company has communicated with the auditing firm regarding the performance forecast and there are no significant discrepancies[6] Investor Advisory - Investors are advised to make cautious decisions and be aware of investment risks due to the preliminary nature of the data[9] Performance Forecast Period - The performance forecast period is from January 1, 2025, to December 31, 2025[3]

Core Viewpoint - The company, 瑞晨环保 (301273.SZ), announced a significant share reduction by its shareholder, 巨晨樊融, which may impact the stock's market perception and investor confidence [1] Group 1: Shareholder Activity - 巨晨樊融 reduced its stake in the company by selling a total of 1,250,800 shares, which represents 1.75% of the company's total share capital [1] - Following this transaction, 巨晨樊融's ownership percentage decreased from 7.38% to 5.63%, indicating a notable change in the shareholder structure [1] - The reduction in shareholding triggered a change that touches upon the 1% threshold, which is significant for regulatory reporting [1]

Core Viewpoint - The company, 瑞晨环保 (301273.SZ), announced a significant share reduction by its shareholder, 巨晨樊融, which may impact the stock's market perception and investor confidence [1] Group 1: Shareholding Changes - 巨晨樊融 reduced its shareholding by 1,250,800 shares, representing 1.75% of the company's total share capital [1] - Following this transaction, 巨晨樊融's ownership percentage decreased from 7.38% to 5.63% [1] - The change in equity ownership triggered a threshold of 1% [1]

Core Viewpoint - The announcement from Ruichen Environmental indicates that a major shareholder, Jucheng Fanrong, has reduced their stake in the company, which may have implications for shareholder dynamics but does not significantly impact the company's governance structure or control [1] Group 1: Shareholder Activity - Major shareholder Jucheng Fanrong has reduced their holdings by 1.2508 million shares, representing 1.75% of the total share capital [1] - Following this reduction, Jucheng Fanrong's ownership percentage decreased from 7.38% to 5.63%, crossing a 1% threshold [1] - The reduction plan has not yet been fully implemented as of the announcement date [1] Group 2: Impact on Company Governance - The reduction in shareholding is not expected to have a significant impact on the company's governance structure [1] - There will be no change in control as a result of this shareholding adjustment [1]

证券代码：301273 证券简称：瑞晨环保 公告编号：2026-001 上海瑞晨环保科技股份有限公司 关于持股 5%以上股东权益变动触及 1%整数倍的公告 持股 5%以上股东宁波巨晨樊融投资管理合伙企业（有限合伙）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公告内容与信息披露义务人提供的信息一致。 一、本次权益变动的具体情况 | 1．基本情况 | | | | | | --- | --- | --- | --- | --- | | 信息披露义务人 | 宁波巨晨樊融投资管理合伙企业（有限合伙） | | | | | 住所 | 浙江省宁波市北仑区梅山七星路88号1幢401室B区N0013 | | | | | 权益变动时间 2026 年 | | 1 月 16 日 | | | | 权益变动过程 巨晨樊融于 | | 2026 年 1 月 16 | 日，通过集中竞价和大宗交易 | | | 方式累计减持公司股份 | | 125.08 | 万股，占公司当前总股本比 | | | 例 | 1.75%。本次权益变动后，巨晨樊融持股比例由 | | | 7.38% | | ...

Group 1 - The stock of Ruichen Environmental Protection fell by 1.22%, closing at 27.46 yuan, with a significant block trade occurring, totaling 1.146 million shares and a transaction value of 28.9938 million yuan [1] - The first transaction price was 25.30 yuan for 1.146 million shares, resulting in a transaction value of 28.9938 million yuan, with a premium rate of -7.87%. The buyer was China Galaxy Securities Co., Ltd. Wuhan Zhongnan Road Securities Business Department, and the seller was Yuekai Securities Co., Ltd. Nantong Branch [1] - Over the past three months, there has been one block trade for this stock, with a total transaction value of 28.9938 million yuan. In the last five trading days, the stock has increased by 0.88%, while the net outflow of main funds totaled 2.9654 million yuan [1]