永清环保前三季度扣非净利大增244%，拟现金分红近5000万元

Core Insights - Yongqing Environmental reported a net profit of 98.79 million yuan for the first three quarters of 2025, representing an 18.02% year-on-year increase, with a significant growth of 243.98% in net profit excluding non-recurring items [1] - The company is actively diversifying its business structure by advancing traditional environmental services while also investing in new energy asset operations and hazardous waste resource recovery, creating new growth engines [1] - Yongqing Environmental has achieved a notable improvement in profitability through meticulous cost control, with operating costs decreasing by over 5% year-on-year, leading to a 5.4% increase in overall gross margin [1] Business Strategy - The company has established a core development path of "main business + technology," focusing on building an "AI + AR industrial intelligence" ecosystem as a future growth driver [2] - Yongqing Environmental's R&D expenses have been consistently increasing, reflecting its commitment to enhancing technological capabilities and supporting the dual development of stabilizing its main business and exploring new opportunities [2] - The company plans to distribute a cash dividend of 0.77 yuan per 10 shares (before tax), totaling approximately 49.71 million yuan, demonstrating its commitment to rewarding investors and enhancing intrinsic value through stable profit distribution policies [2]