BGE(SH:603588) Zhong Guo Jing Ji Wang·2025-09-01 07:53Core Viewpoint - High Energy Environment (603588.SH) announced a share reduction plan by its controlling shareholder Li Weiguo, who holds 263,452,149 shares, accounting for 17.30% of the total share capital, to repay debts [1] Group 1: Share Reduction Plan - Li Weiguo plans to reduce his holdings by no more than 45,697,034 shares (up to 3% of total share capital) through centralized bidding and block trading [1] - The reduction will occur within three months starting from September 23, 2025, after a 15 trading day period following the announcement [1] - If there are any changes in share capital due to issuance, stock dividends, or other factors, the reduction amounts will be adjusted accordingly [1] Group 2: Financial Performance - In the first half of 2025, the company reported operating revenue of 6.70 billion yuan, a year-on-year decline of 11.20% [2][3] - The net profit attributable to shareholders was 502 million yuan, an increase of 20.85% compared to the previous year [2][3] - The net profit after deducting non-recurring gains and losses was 454 million yuan, reflecting a growth of 10.24% year-on-year [2][3] - The net cash flow from operating activities was 347 million yuan, showing a significant increase of 214.01% [2][3] Group 3: Environmental Issues - The company's subsidiary, Chongqing Yaohui Environmental Protection Co., Ltd., faced legal issues due to environmental pollution, leading to a fine of 1 million yuan [4] - The pollution incident was classified as a major environmental event, affecting 41 kilometers of river and causing economic losses of approximately 985,430 yuan [4]