本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重庆水务集团股份有限公司（以下简称公司）第六届董事会第二 十四次会议于 2026 年 2 月 12 日在公司 11 楼会议室以现场加视频方 式召开。本次会议的通知已于 2026 年 2 月 5 日通过电子邮件的方式 送达全体董事。本次会议由董事长郑如彬先生主持，公司应到董事 7 人，实到董事 7 人，其中，孙明华董事、张智董事、石慧董事以视频 方式出席，其余董事出席现场会议，公司部分高级管理人员列席会议。 会议的召集和召开符合《中华人民共和国公司法》《重庆水务集团股 份有限公司章程》及《重庆水务集团股份有限公司董事会议事规则》 的有关规定。经全体董事认真审议并表决通过以下议案： 一、审议通过《重庆水务集团股份有限公司关于重庆水务集团公 用工程咨询有限公司吸收合并重庆公用事业建设有限公司相关事宜 的议案》 表决结果：7 票同意，0 票反对，0 票弃权。 同意公司所属全资子公司重庆水务集团公用工程咨询有限公司 吸收合并公司所属全资子公司重庆公用事业建设有限公司，重庆水务 集团公用工程 ...

每经AI快讯，重庆水务2月12日晚间发布公告称，公司第六届第二十四次董事会会议于2026年2月12日 在公司11楼会议室以现场加视频方式召开。会议审议了《重庆水务集团股份有限公司关于重庆水务集团 公用工程咨询有限公司吸收合并重庆公用事业建设有限公司相关事宜的议案》等文件。 （记者 曾健辉） 每经头条（nbdtoutiao）——打造百万元级尊界的江淮，迎来葛卫东、方文艳联手投资：两人各掏10亿 元，公司股价应声大涨！复盘历史：牛散参与定增有赚也有亏 ...

申万宏源证券承销保荐有限责任公司 关于重庆水务集团股份有限公司 使用部分闲置募集资金进行现金管理事项的核查意见 申万宏源证券承销保荐有限责任公司（以下简称"保荐人"）作为重庆水务 集团股份有限公司（以下简称"重庆水务""公司"）向不特定对象发行可转换 公司债券的保荐人，根据《中华人民共和国证券法》《证券发行上市保荐业务管 理办法》《上海证券交易所股票上市规则》《上市公司募集资金监管规则》和《上 海证券交易所上市公司自律监管指引第 11 号——持续督导》等相关法律、法规 和规范性文件的规定，对重庆水务使用部分闲置募集资金进行现金管理事项进行 了核查，具体情况如下： 一、投资情况概述 （一）投资目的 为提高资金使用效率，降低财务成本，公司根据经营计划和资金使用情况， 在保证资金流动性和安全性的基础上，使用暂时闲置的募集资金进行现金管理， 以提高闲置募集资金使用效率、增加现金资产收益、降低财务费用、增加股东回 报。 （二）投资金额 公司拟使用不超过人民币 5,000 万元（含本数）的闲置募集资金进行现金管 理。该额度自 2026 年 2 月 24 日起 12 个月内有效，公司可在授权期限、额度范 围内滚动使用。 （ ...

Core Viewpoint - The company has approved the use of idle raised funds for cash management, indicating a strategic approach to optimize financial resources while ensuring operational continuity [1] Group 1: Board Meetings - The company held the 15th meeting of the 6th Board Audit Committee on February 9, 2026, and the 24th meeting of the 6th Board on February 12, 2026 [1] Group 2: Fund Management - The company has agreed to use no more than RMB 0.50 billion (including the amount) of idle raised funds for cash management [1] - The source of the funds is from temporarily idle raised funds from the issuance of convertible bonds to unspecified objects [1] - The investment direction is focused on safe, high liquidity, and principal-protected financial products [1] Group 3: Fund Usage Terms - The approved fund usage limit is valid for 12 months starting from February 24, 2026, and the funds can be rolled over within this limit [1] - The cash management activities will not affect the progress of the fundraising investment projects or the company's normal production and operations [1]

Group 1 - The Chongqing state-owned enterprise reform sector increased by 0.61% compared to the previous trading day, with Qianli Technology leading the gains [1] - On the same day, the Shanghai Composite Index closed at 4131.98, up 0.09%, while the Shenzhen Component Index closed at 14160.93, down 0.35% [1] - The trading volume and turnover for Qianli Technology were 347,300 shares and 369 million yuan, respectively, with a price increase of 2.22% [1] Group 2 - The net outflow of main funds in the Chongqing state-owned enterprise reform sector was 2.3995 million yuan, while retail investors saw a net inflow of 4.728 million yuan [2] - The trading data indicates that Qianli Technology had a net inflow of 25.4663 million yuan from main funds, while retail investors had a net outflow of 1.3324 million yuan [3] - The overall performance of stocks in the sector showed mixed results, with some stocks like Qianli Technology and Sanfeng Environment experiencing gains, while others like Chongqing Port and Chongqing Water experienced losses [3]

Market Overview - The Chongqing state-owned enterprise reform sector declined by 0.7% compared to the previous trading day, with Chongqing Pharmaceutical Holdings leading the decline [1] - The Shanghai Composite Index closed at 4128.37, up 0.13%, while the Shenzhen Component Index closed at 14210.63, up 0.02% [1] Stock Performance - Notable stock performances include: - Shanghai Sanmao (600689) closed at 14.29, up 0.78% with a trading volume of 30,300 shares and a turnover of 43.27 million yuan - Chongqing Construction (600939) closed at 3.23, up 0.31% with a trading volume of 133,800 shares and a turnover of 43.05 million yuan - Chongqing Pharmaceutical Holdings (000950) closed at 5.90, down 1.83% with a trading volume of 366,700 shares and a turnover of 218 million yuan [1][2] Capital Flow - The Chongqing state-owned enterprise reform sector experienced a net outflow of 119 million yuan from institutional investors, while retail investors saw a net inflow of 62.65 million yuan [2] - The capital flow for individual stocks shows: - Jieling Pickled Vegetables (002507) had a net inflow of 5.71 million yuan from institutional investors, but a net outflow of 13.01 million yuan from retail investors [3] - Chongqing Water (601158) had a net outflow of 3.40 million yuan from institutional investors, with a net inflow of 1.18 million yuan from retail investors [3]

中经记者 杜丽娟 北京报道 2026年是《上市公司可持续发展报告信息披露指引》强制披露的第一年。为提升上市公司ESG报告的编 制能力和报告质量，上海证券交易所、深圳证券交易所和北京证券交易所近日同步修订发布《上市公司 可持续发展报告编制指南》（以下简称"《指南》"）。 《指南》在原有框架基础上增补了《第三号 污染物排放》《第四号 能源利用》《第五号 水资源利用》 三项议题指南，为上市公司可持续信息披露提供了更规范的系统性操作框架。 中诚信绿金相关人员告诉《中国经营报》记者，此次修订广泛吸收市场反馈并对征求意见稿进行优化完 善，标志着中国上市公司可持续发展信息披露体系的进一步完善，也表明中国的ESG披露规则建设正沿 着"主体框架先行，重点议题突破"的务实路径扎实推进。 值得注意的是，《指南》的修订也与国际可持续披露标准充分衔接，既立足我国资本市场发展实际，又 兼顾全球ESG信息披露通行实践。 北交所在通知中指出，本次修订新增内容注重与企业实际相结合，不增设额外强制性披露义务，旨在引 导上市公司循序渐进提升环保与资源节约责任意识，推动形成规范、透明、可持续的信息披露机制。 具体而言，新增的三项议题主要围绕风险机遇 ...

Core Insights - The Chinese urban water supply industry is experiencing growth, with a total supply expected to reach 704.88 billion tons in 2024, marking a year-on-year increase of 2.52% [21][26] - The industry is entering a mature phase, with future demand growth expected to slow down despite ongoing urbanization [21][28] - Key listed companies in the sector include Beijing Enterprises Water Group, Beijing Capital Eco-Environment Protection Group, and others [21][26] Urban Water Supply Industry Overview - Urban water supply systems consist of water source extraction facilities, treatment plants, and distribution networks, adhering to principles of resource development and water conservation [21][23] - The process involves transporting water from sources to treatment facilities, followed by purification and distribution to households, including secondary supply measures for high-rise buildings [23][26] Industry Policies - The urban water supply sector is critical for public health and social stability, prompting the government to implement various policies aimed at enhancing water supply safety and promoting sustainable development [26][27] - Notable policies include the 2025 plan for comprehensive river protection and the 2025-2030 implementation plan for high-quality development of water-saving equipment [26][27] Development Background - The urban water supply industry's growth is closely linked to urbanization, with the urbanization rate in China rising from 58.52% in 2017 to 67% in 2024 [28] - Future developments will focus on water safety, efficiency, and smart management alongside meeting increasing demand [28] Industry Chain - The urban water supply industry chain includes upstream components such as water sources and treatment facilities, midstream construction and operation, and downstream markets comprising residential and commercial users [30][31] Current Industry Status - The urban water supply sector is a vital infrastructure component of the national economy, essential for urbanization and sustainable development [32][35] - The total length of urban water supply pipelines in China has increased from 710,200 kilometers in 2015 to 1,199,500 kilometers in 2024, with a compound annual growth rate of 6% [33][35]

Market Performance - The environmental governance sector increased by 1.66% on February 3, with Sains leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] Top Gainers in Environmental Governance Sector - The top-performing stocks included: - Sains (688480) with a closing price of 81.99, up 13.25% and a trading volume of 39,500 shares, totaling 313 million yuan [1] - Zhonglan Environmental (300854) at 23.62, up 7.46% with 63,300 shares traded, amounting to 148 million yuan [1] - Shanghai Xianba (603200) at 81.85, up 6.28% with 70,000 shares traded, totaling 560 million yuan [1] Decliners in Environmental Governance Sector - Notable decliners included: - Xuelang Environment (300385) at 11.34, down 1.99% with a trading volume of 250,700 shares, totaling 278 million yuan [2] - Guozhong Water (600187) at 2.12, down 1.85% with 973,700 shares traded, amounting to 206 million yuan [2] - Delinhai (688069) at 23.98, down 1.07% with 20,800 shares traded, totaling 50.4 million yuan [2] Capital Flow in Environmental Governance Sector - The environmental governance sector saw a net inflow of 130 million yuan from institutional investors, while retail investors experienced a net outflow of 54.53 million yuan [2] - The main stocks with significant capital inflow included: - Fuzhijie Technology (688335) with a net inflow of 52.43 million yuan, accounting for 13.68% of the total [3] - Huicheng Environmental (300779) with a net inflow of 36.99 million yuan, representing 7.20% [3] - Gaon Environment (603588) with a net inflow of 35.59 million yuan, making up 7.46% [3]

Report Summary - The report presents the top ten convertible bonds in February 2026, along with detailed information about the issuing companies, including their business scope, financial data, and key attractions [1][6]. Top Ten Convertible Bonds in February 2026 1. Zhongte Convertible Bond - Rating: AAA; 1 - end closing price: 128.153 yuan; conversion premium rate: 73.5%; PE - TTM of the underlying stock: 14.75 [1][8]. - Company: A global leader in special - steel manufacturing with an annual production capacity of about 20 million tons. It has a complete industrial chain and multiple production bases [13]. - Financials: In 2024, revenue was 109.203 billion yuan (-4.22% yoy), net profit attributable to shareholders was 5.126 billion yuan (-10.41% yoy). In the first three quarters of 2025, revenue was 81.206 billion yuan (-2.75% yoy), net profit attributable to shareholders was 4.33 billion yuan (+12.88% yoy) [13]. - Highlights: It is one of the world's most comprehensive special - steel enterprises, with high market shares in core products. It has strong cost - control and is seeking external expansion [14]. 2. Shanlu Convertible Bond - Rating: AAA; 1 - end closing price: 128.472 yuan; conversion premium rate: 54.45%; PE - TTM of the underlying stock: 4.32 [6][8]. - Company: Focused on road and bridge construction and maintenance, and expanding into other fields. It has a complete business system [31]. - Financials: In 2024, revenue was 71.348 billion yuan (-2.3% yoy), net profit attributable to shareholders was 2.322 billion yuan (+1.47% yoy). In the first three quarters of 2025, revenue was 41.354 billion yuan (-3.11% yoy), net profit attributable to shareholders was 1.41 billion yuan (-3.27% yoy) [31]. - Highlights: It has the "China Special Valuation" concept, and its balance sheet and potential orders may improve. It may benefit from infrastructure plans in Shandong and the Belt and Road Initiative [32]. 3. Hebang Convertible Bond - Rating: AA; 1 - end closing price: 153.399 yuan; conversion premium rate: 21.26%; PE - TTM of the underlying stock: -230.95 [6][8]. - Company: With a diversified business layout in chemicals, agriculture, and photovoltaics, it has expanded from a single - product business [44]. - Financials: In 2024, revenue was 8.547 billion yuan (-3.13% yoy), net profit attributable to shareholders was 31 million yuan (-97.55% yoy). In the first three quarters of 2025, revenue was 5.927 billion yuan (-13.02% yoy), net profit attributable to shareholders was 93 million yuan (-57.93% yoy) [44]. - Highlights: Its liquid methionine production has high profitability and is a major profit contributor [47]. 4. Huayuan Convertible Bond - Rating: AA -; 1 - end closing price: 145.282 yuan; conversion premium rate: 9.47%; PE - TTM of the underlying stock: 32.14 [6][8]. - Company: Focused on building a complete vitamin D3 industrial chain, with products in the vitamin and pharmaceutical sectors [58]. - Financials: In 2024, revenue was 1.243 billion yuan (+13.58% yoy), net profit attributable to shareholders was 309 million yuan (+60.76% yoy). In the first three quarters of 2025, revenue was 936 million yuan (-0.2% yoy), net profit attributable to shareholders was 234 million yuan (-3.07% yoy) [58]. - Highlights: It is a leader in certain products, and is expanding its product portfolio and has achievements in pharmaceutical R & D [59]. 5. Xingye Convertible Bond - Rating: AAA; 1 - end closing price: 123.691 yuan; conversion premium rate: 40.16%; PE - TTM of the underlying stock: 5.11 [6][8]. - Company: One of the first joint - stock commercial banks in China, evolving into a modern financial service group [72]. - Financials: In 2024, revenue was 212.226 billion yuan (+0.66% yoy), net profit attributable to shareholders was 77.205 billion yuan (+0.12% yoy). In the first three quarters of 2025, revenue was 161.234 billion yuan (-1.82% yoy), net profit attributable to shareholders was 63.083 billion yuan (+0.12% yoy) [72]. - Highlights: It has stable asset quality and scale growth, with a large customer base [73]. 6. Aima Convertible Bond - Rating: AA; 1 - end closing price: 126.979 yuan; conversion premium rate: 60.87%; PE - TTM of the underlying stock: 10.97 [6][8]. - Company: The leading enterprise in the electric two - wheeler industry, with self - developed and produced products [82]. - Financials: In 2024, revenue was 21.606 billion yuan (+2.71% yoy), net profit attributable to shareholders was 1.988 billion yuan (+5.68% yoy). In the first three quarters of 2025, revenue was 21.093 billion yuan (+20.78% yoy), net profit attributable to shareholders was 1.907 billion yuan (+22.78% yoy) [82]. - Highlights: It may benefit from government subsidies and the implementation of new national standards, and has potential for improving gross margin [83]. 7. Chongyin Convertible Bond - Rating: AAA; 1 - end closing price: 128.332 yuan; conversion premium rate: 16.22%; PE - TTM of the underlying stock: 6.55 [6][8]. - Company: An early - established local joint - stock commercial bank in the upper reaches of the Yangtze River and Southwest China, with a wide range of business operations [92]. - Financials: In 2024, revenue was 13.679 billion yuan (+3.54% yoy), net profit attributable to shareholders was 5.117 billion yuan (+3.8% yoy). In the first three quarters of 2025, revenue was 11.74 billion yuan (+10.4% yoy), net profit attributable to shareholders was 4.879 billion yuan (+10.19% yoy) [92]. - Highlights: It may benefit from the development of the Chengdu - Chongqing economic circle, has stable asset growth, and has a good risk - control strategy [93][96]. 8. Tianye Convertible Bond - Rating: AA+; 1 - end closing price: 141.695 yuan; conversion premium rate: 26.15%; PE - TTM of the underlying stock: 163.89 [6][8]. - Company: A leading enterprise in the chlor - alkali chemical industry in Xinjiang, with an integrated circular economy industrial chain [105]. - Financials: In 2024, revenue was 11.156 billion yuan (-2.7% yoy), net profit attributable to shareholders was 68 million yuan (+108.83% yoy). In the first three quarters of 2025, revenue was 7.97 billion yuan (+2.2% yoy), net profit attributable to shareholders was 7 million yuan (-28.79% yoy) [105]. - Highlights: It benefits from cost - reduction in raw materials and plans to increase dividend frequency, and its group is promoting coal - mine projects [107]. 9. Aorui Convertible Bond - Rating: AA -; 1 - end closing price: 160.557 yuan; conversion premium rate: 39.57%; PE - TTM of the underlying stock: 27.45 [6][8]. - Company: Focused on the R & D, production, and sales of complex APIs and formulations, leading in certain technical fields [120]. - Financials: In 2024, revenue was 1.476 billion yuan (+16.89% yoy), net profit attributable to shareholders was 355 million yuan (+22.59% yoy). In the first three quarters of 2025, revenue was 1.237 billion yuan (+13.67% yoy), net profit attributable to shareholders was 354 million yuan (+24.58% yoy) [120]. - Highlights: It is optimizing its distribution network, expanding the market for its formulation products, and has high - quality customer resources [121]. 10. Yushui Convertible Bond - Rating: AAA; 1 - end closing price: 128.343 yuan; conversion premium rate: 35.36%; PE - TTM of the underlying stock: 26.26 [6][8]. - Company: The largest water supply and drainage integrated enterprise in Chongqing, with a monopoly position in the local market [134]. - Financials: In 2024, revenue was 6.999 billion yuan (-3.52% yoy), net profit attributable to shareholders was 785 million yuan (-27.88% yoy). In the first three quarters of 2025, revenue was 5.568 billion yuan (+7.21% yoy), net profit attributable to shareholders was 779 million yuan (+7.1% yoy) [134]. - Highlights: It has a high market share, is expanding its business scope, and has achieved cost - control through intelligent applications [135]. Related Reports - "Pricing of Naipu Convertible Bond 02: First - day conversion premium rate of 28% - 33%", released on January 27, 2026 [3]. - "Pricing of Shangtai Convertible Bond: First - day conversion premium rate of 40% - 45%", released on January 27, 2026 [3]. - "Pricing of Lianrui Convertible Bond: First - day conversion premium rate of 43% - 48%", released on January 15, 2026 [3]. - "Outlook for US Inflation in 2026: High at first, then low, overall controllable", released on January 12, 2026 [3].