CRE(SH:600217) Xin Hua Cai Jing·2025-07-09 08:48Group 1 - The Ministry of Finance has allocated a special fund of 5 billion yuan for the treatment of waste electrical and electronic products in 2025, with 2.3 billion yuan for previously unallocated subsidies and 2.7 billion yuan to support industry development through a reward-and-subsidy approach [2] - Among the allocated funds, 501 million yuan is designated for the 11 waste electrical appliance processing companies under the company [2] - The company reported a revenue of 4.024 billion yuan in 2024, an increase of 8.75% year-on-year, but a net profit decline of 75.62% to 16 million yuan [4] Group 2 - In the first quarter of 2025, the company achieved a revenue growth of 46.24% to 755 million yuan, but reported a net loss of 2.0462 million yuan [5] - The 2024 special fund budget for waste electrical and electronic product treatment is set at 7.5 billion yuan, with the company’s 11 processing plants expected to receive 1.685 billion yuan, accounting for 22.47% of the total [3]