Group 1: Tank Container Business - The tank container business maintained resilience in H1 2025, with revenue of CNY 924.25 million, holding the top market share [1] - The current tank container business is considered to be at a historical low, presenting a market restructuring opportunity [1] - The company is enhancing its manufacturing capacity and order delivery speed while actively expanding its acquisition team to explore high-end equipment and emerging fields [1] Group 2: Profit Margin and Market Conditions - The change in gross profit margin for tank container products in H1 2025 was primarily due to pressure in the chemical industry, intensified market competition, and declining market demand [2] Group 3: Competitive Advantages - The company possesses scale, brand, scope, and synergy advantages, enabling timely equipment investment, product upgrades, and cost control [2] - With over 20 years of high-quality development, the company has established a robust supply chain and cultivated the domestic application market for tank containers [2] - The company offers a comprehensive one-stop solution for the entire lifecycle of tank containers, with a diverse product line including standard, special, gas, and powder tank containers in various sizes [2] Group 4: Medical Equipment Business - The high-end medical imaging equipment component business has seen continuous growth, with a 12.88% increase in 2024 and a 16.12% increase in H1 2025 [3] Group 5: Aftermarket Business - The aftermarket business, which includes cleaning, maintenance, refurbishment, and parts sales for tank containers, generated revenue of CNY 74.92 million in H1 2025, a 0.95% year-on-year increase [3] Group 6: Future Development Directions - The company aims to achieve sustainable growth and enhance risk resistance through diversification, focusing on high-end equipment and related fields [4] - Plans include expanding high-end medical equipment business and intelligent equipment capabilities, responding to national policies through mergers and investments [5] - The goal is to transition from a global leader in tank containers to a core technology platform for high-end equipment within three to five years [5]

中信证券股份有限公司 关于中集安瑞环科技股份有限公司 2025年半年度跟踪报告 | 保荐人名称：中信证券股份有限公司 | 被保荐公司简称：中集环科 | | --- | --- | | 保荐代表人姓名：施丹 | 联系电话：0755-23835888 | | 保荐代表人姓名：王杰 | 联系电话：021-20262308 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2．督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不 限于防止关联方占用公司资源的制度、募集资金 | 是 | | 管理制度、内控制度、内部审计制度、关联交易 | | | 制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 6次 | | （2）公司募集资金项目进展是否与信息披露文件 | 是 | | 一致 | | | 4.公司治理督导情况 ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative increase in stock price of over 20% within the next six months [11]. Core Views - The company's tank container business is under pressure, leading to a decline in profitability and business performance. In H1 2025, the company achieved revenue of 1.214 billion yuan, a year-on-year decrease of 12.68%, and a net profit attributable to shareholders of 63 million yuan, down 45.61% year-on-year [4][5]. - Despite challenges in the chemical industry and a decrease in demand for tank containers, the company maintains its leading market share globally. The medical equipment segment is emerging as a second growth driver, with revenue from medical device components increasing by 16.12% year-on-year in H1 2025 [5][6]. - The company is exploring opportunities in the controllable nuclear fusion sector, indicating potential for significant market expansion [5]. Financial Summary - Revenue projections for 2025-2027 are 3.002 billion yuan, 3.998 billion yuan, and 4.916 billion yuan, with year-on-year growth rates of -10.36%, 33.16%, and 22.97% respectively. Net profit attributable to shareholders is forecasted at 182 million yuan, 307 million yuan, and 449 million yuan, with growth rates of -40.01%, 68.45%, and 46.24% respectively [6][8]. - The company's PE ratios for the same period are projected to be 57.80, 34.31, and 23.46 [6][8].

（文章来源：证券日报） 证券日报网讯 9月8日晚间，中集环科发布公告称，公司2025年第一次临时股东会于2025年9月8日召 开，审议通过了《关于使用暂时闲置募集资金进行现金管理的议案》等议案。 ...

证券代码：301559 证券简称：中集环科 公告编号：2025-026 中集安瑞环科技股份有限公司 2025 年第一次临时股东会决议公告 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。 特别提示： 1、本次股东会未出现否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过决议的情形。 一、会议召开及出席情况 （一）会议召开情况 1、召开时间： （1）现场会议召开时间：2025 年 9 月 8 日（星期一）下午 14:30 （2）网络投票时间：2025 年 9 月 8 日 通过深圳证券交易所（以下简称"深交所"）交易系统投票的时间为 2025 年 9 月 8 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深交所互联网投票系统 投票的时间为 2025 年 9 月 8 日 9:15-15:00。 2、召开地点：江苏省南通市城港路 159 号中集安瑞环科技股份有限公司 301 会议室 3、召开方式：本次股东会采取现场投票与网络投票相结合的方式。 4、召集人：公司董事会 5、主持人：董事长杨晓虎先生 6、召开的合法合规性：本次会议的召 ...

北京市金杜律师事务所上海分所 关于中集安瑞环科技股份有限公司 2025 年第一次临时股东会之法律意见书 致：中集安瑞环科技股份有限公司 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1. 经公司 2024 年第二次临时股东大会审议通过的《公司章程》； 2. 公司 2025 年 8 月 23 日刊登于巨潮资讯网及深圳证券交易所（以下简 称深交所）网站的《中集安瑞环科技股份有限公司第二届董事会第十次 会议决议公告》； 3. 公司 2025 年 8 月 23 日刊登于巨潮资讯网及深交所网站的《中集安瑞 环科技股份有限公司第二届监事会第十次会议决议公告》； 4. 公司 2025 年 8 月 23 日刊登于巨潮资讯网及深交所网站的《中集安瑞 环科技股份有限公司关于召开 2025 年第一次临时股东会的通知》（以 下简称《股东会通知》）； 5. 公司本次股东会股权登记日的股东名册； 6. 出席现场会议的股东的到会登记记录及凭证资料； 7. 深圳证券信息有限公司提供的本次股东会网络投票情况的统计结果； 8. 公司本次股东会议案及涉及相关议案内容的公告等文件； 北京市金杜律师事务所上海分所（以下简称本 ...

中集安瑞环科技股份有限公司 关于使用暂时闲置募集资金进行现金管理到期赎回的 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。 中集安瑞环科技股份有限公司（以下简称"公司"）于 2024 年 8 月 19 日召开 第二届董事会第五次会议、第二届监事会第五次会议，于 2024 年 9 月 6 日召开 2024 年第二次临时股东大会审议通过了《关于使用暂时闲置募集资金进行现金 管理的议案》，同意在确保不影响正常生产经营和募集资金投资计划的情况下， 公司及子公司使用不超过人民币 60,000 万元的暂时闲置募集资金（含超募资金） 进行现金管理，用于购买安全性高、流动性好的投资产品，该额度自公司股东大 会审议通过后 12 个月内可循环滚动使用。保荐机构中信证券股份有限公司对该 事项出具了明确的核查意见。具体详见公司于巨潮资讯网（www.cninfo.com.cn） 披露的《关于使用暂时闲置募集资金进行现金管理的公告》。 证券代码：301559 证券简称：中集环科 公告编号：2025-025 截至本公告日，前述理财产品所赎回的本金及相关收益均已到账并划转至募 集资 ...

Group 1 - Company CIMC Enric responded to investor inquiries on August 28 regarding the number of shareholders, indicating that investors can refer to the company's periodic reports for this information [2]

Group 1 - The core viewpoint of the article highlights the recent stock performance of CIMC Enric, with a closing price of 17.84 yuan on August 25, reflecting a decrease of 0.15 yuan or 0.83% from the previous trading day [1] - CIMC Enric specializes in the design, research and development, manufacturing, and sales of tank containers, positioning itself as a global leader in liquid and liquefied gas container logistics equipment [1] - The company is also involved in the medical equipment components sector, indicating diversification in its business operations [1] Group 2 - On August 25, CIMC Enric received multiple institutional research visits, including from Huatai Securities and Everbright Yongming Asset, where the management discussed business development with the research institutions [1] - Over the past year, the company has hosted a total of 67 institutions for 88 research visits, demonstrating strong interest from the investment community [1] - On the same day, the net inflow of main funds was 9.5052 million yuan, accounting for 0.59% of the circulating market value, although there has been a net outflow of 2.3983 million yuan over the past five days [1]

Company Overview - The company specializes in the design, research and development, manufacturing, and sales of tank containers, positioning itself as a global leader in liquid and liquefied gas logistics equipment manufacturing [1][2]. Financial Performance - In the first half of 2025, the company reported total revenue of CNY 1.214 billion, with a net profit attributable to shareholders of CNY 62.6012 million, and a net cash flow from operating activities of CNY 227 million [2]. - Revenue breakdown by business: - Tank container business: CNY 924.2463 million, a year-on-year decrease of 17.57% [2]. - Medical equipment components: CNY 119.1561 million, a year-on-year increase of 16.12% [2]. - Aftermarket services: CNY 74.9220 million, a year-on-year increase of 0.95% [2]. Medical Business Performance - The medical equipment components business has shown consistent growth, with a year-on-year increase of 12.88% in 2024 and 16.12% in the first half of 2025 [3]. Order Situation - In the first half of 2025, the company signed new orders totaling CNY 1.079 billion, with a backlog of CNY 840 million as of June 30, 2025 [4]. Market Outlook - The current market for tank containers is viewed as being at a historical low, presenting an opportunity for market restructuring. The company believes it has the capability to navigate this phase [4]. Strategic Partnerships - The company has established itself as a strategic partner with Siemens in the high-end medical imaging equipment sector, enhancing its recognition and collaboration opportunities [5]. Future Growth Strategies - The company aims to diversify its business to ensure sustainable growth and enhance risk resilience, focusing on high-end equipment and intelligent manufacturing [6]. - Plans include expanding into high-end medical equipment and smart equipment sectors, leveraging advanced technologies and capabilities [6]. Conclusion - The company is committed to high-quality development, enhancing core competitiveness, and driving product upgrades towards green and intelligent solutions, thereby solidifying its position as an industry leader [2].