Zhong Guo Jing Ji Wang·2026-02-24 08:52Group 1 - The core viewpoint of the news is that Conglin Technology (688370.SH) has projected a significant decline in its net profit for the year 2025, estimating a profit of between 17 million to 24 million yuan, which represents a decrease of 66.02 million to 73.02 million yuan compared to the previous year, reflecting a year-on-year decline of 73.34% to 81.12% [1] - The company anticipates a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between -12 million to -6 million yuan for 2025, indicating a decrease of 60.23 million to 66.23 million yuan compared to the previous year, which translates to a year-on-year decline of 111.06% to 122.13% [1] - Conglin Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 25, 2022, with a public offering of 26,606,185 shares, accounting for approximately 25.01% of the total share capital post-issuance, at a price of 59.76 yuan per share [1] Group 2 - The total amount raised by Conglin Technology during its IPO was 1,589.99 million yuan, with a net amount of 1,436.89 million yuan after deducting issuance costs (excluding tax), which is 593.11 million yuan less than the original plan of 2,030 million yuan [2] - The funds raised are intended for several projects, including the upgrade of remanufacturing capabilities at the industrial waste resource utilization and disposal demonstration base in Shanghai Lingang, the second phase of solid waste comprehensive utilization in Yangxin County, and the construction of rigid landfill projects for industrial waste in Yuncheng [2] - The total issuance costs amounted to 153.10 million yuan, with CITIC Securities receiving a sponsorship and underwriting fee of 127.20 million yuan [3]