浙江伟明环保股份有限公司 投资者关系管理制度 第一章 总则 第一条 为规范浙江伟明环保股份有限公司（以下简称"公司"）投资者关 系管理工作，加强与投资者之间的有效沟通，促进公司完善治理，提高公司质量， 切实保护投资者特别是中小投资者合法权益，根据《中华人民共和国公司法》《中 华人民共和国证券法》《上市公司投资者关系管理工作指引》《上海证券交易所 股票上市规则》《上海证券交易所上市公司自律监管指引第1号——规范运作》 等法律法规及《浙江伟明环保股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，结合公司实际情况，特制定本制度。 第二条 投资者关系管理是指公司通过便利股东权利行使、信息披露、互动 交流和诉求处理等工作，加强与投资者及潜在投资者（以下简称"投资者"）之 间的沟通，增进投资者对公司的了解和认同，以提升公司治理水平和企业整体价 值，实现尊重投资者、回报投资者、保护投资者目的的相关活动。 第二章 投资者关系管理的目的与基本原则 第三条 投资者关系管理的目的是： （五）增加公司信息披露透明度，改善公司治理。 1 第四条 投资者关系管理的基本原则： （一）合规性原则。公司投资者关系管理应当在依法履行信 ...

浙江伟明环保股份有限公司 独立董事工作制度 第一章 总则 第一条 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市 公司独立董事管理办法》（以下简称"《独立董事管理办法》"）、《上海证券交 易所上市公司自律监管指引第 1 号——规范运作》等相关法律法规、规范性文件 和《浙江伟明环保股份有限公司章程》（以下简称"《公司章程》"）的规定， 为进一步完善浙江伟明环保股份有限公司（以下简称"公司"）的法人治理结构， 强化对内部董事及管理层的约束和监督机制，保护股东及债权人利益，促进公司 的规范运作，制定本制度。 独立董事是指不在公司担任除董事之外的其他职务，并与公司及其主要股东、 实际控制人不存在直接或者间接利害关系，或者其他可能影响其进行独立客观判 断关系的董事。 第二条 公司设独立董事 4 名，其中至少包括一名会计专业人士。会计专业 人士指具有会计、审计或者财务管理专业的高级职称或注册会计师资格的人士。 独立董事对公司及全体股东负有忠实与勤勉义务。独立董事应当按照相关法 律、行政法规、部门规章、规范性文件及《公司章程》的要求，认真履行职责， 在董事会中发挥参与决策、监督制衡、专业咨询作用，维护公司整 ...

Core Points - On October 22, Weiming Environmental experienced a 1.01% increase in stock price with a trading volume of 137 million yuan [1] - The company reported a financing buy-in of 7.39 million yuan and a financing repayment of 19.48 million yuan, resulting in a net financing outflow of 12.09 million yuan [1] - As of October 22, the total financing and securities lending balance for Weiming Environmental was 418 million yuan [1] Financing Summary - On the same day, Weiming Environmental had a financing buy-in of 7.39 million yuan, with a current financing balance of 407 million yuan, representing 1.09% of the circulating market value [1] - The financing balance is below the 50th percentile level over the past year, indicating a relatively low position [1] Securities Lending Summary - On October 22, the company repaid 15,600 shares in securities lending and sold 7,900 shares, amounting to 174,200 yuan based on the closing price [1] - The remaining securities lending volume was 507,200 shares, with a balance of 11.18 million yuan, which is above the 90th percentile level over the past year, indicating a high position [1] Company Overview - Weiming Environmental, established on December 29, 2001, and listed on May 28, 2015, is located at 525 Shifulu, Wenzhou, Zhejiang Province [1] - The company's main business involves urban household waste incineration power generation, with revenue composition as follows: equipment, EPC, and services at 55.72%, project operation at 43.82%, and others at 0.46% [1] Financial Performance - As of June 30, the number of shareholders for Weiming Environmental was 29,000, an increase of 4.6% from the previous period [2] - For the first half of 2025, the company achieved an operating income of 3.904 billion yuan, a year-on-year decrease of 5.1%, while the net profit attributable to shareholders increased by 0.13% to 1.425 billion yuan [2] - Since its A-share listing, Weiming Environmental has distributed a total of 2.969 billion yuan in dividends, with 1.492 billion yuan distributed over the past three years [2] Institutional Holdings - As of June 30, 2025, the seventh largest circulating shareholder is Ruiyuan Balanced Value Three-Year Holding Mixed A (008969), holding 28 million shares, unchanged from the previous period [2] - Hong Kong Central Clearing Limited is the ninth largest circulating shareholder, holding 22.3727 million shares, a decrease of 1.9188 million shares from the previous period [2]

| 证券代码：603568 | 证券简称：伟明环保 | | 公告编号：临 | 2025-064 | | --- | --- | --- | --- | --- | | 转债代码：113652 | 转债简称：伟 22 | 转债 | | | | 转债代码：113683 | 转债简称：伟 24 | 转债 | | | 浙江伟明环保股份有限公司 关于"伟 22 转债"预计满足转股价格修正条件的 提示性公告 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。 一、 "伟 22 转债"基本情况 经中国证券监督管理委员会证监许可[2022]1252 号文核准，浙江伟明环保股 份有限公司（以下简称"公司"）于 2022 年 7 月 22 日公开发行了 1,477.00 万张 可转换公司债券，每张面值 100 元，发行总额 147,700.00 万元。本次发行的可转 债期限为发行之日起 6 年。本次发行的可转债票面利率为：第一年 0.20%、第二 年 0.40%、第三年 0.80%、第四年 1.50%、第五年 1.80%、第六年 2.00%。 经上海 ...

Market Overview - The environmental governance sector increased by 1.58% on October 21, with Donghu Gaoxin leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Top Gainers in Environmental Governance Sector - Donghu Gaoxin (600133) closed at 10.86, up 10.03% with a trading volume of 951,100 shares and a transaction value of 1.024 billion [1] - Fulongma (603686) closed at 25.11, up 9.99% with a trading volume of 757,200 shares and a transaction value of 1.828 billion [1] - Wuhan Holdings (600168) closed at 5.62, up 9.98% with a trading volume of 200,100 shares and a transaction value of 112 million [1] Other Notable Performers - Xianglong Electric (600769) closed at 14.35, up 7.17% with a transaction value of 426 million [1] - Tongyuan Environment (688679) closed at 24.03, up 6.90% with a transaction value of 105 million [1] - Huicheng Environmental Protection (300779) closed at 173.80, up 4.70% with a transaction value of 747 million [1] Market Capital Flow - The environmental governance sector saw a net inflow of 548 million from institutional investors, while retail investors experienced a net inflow of 67.88 million [2] - The sector had a net outflow of 616 million from speculative funds [2] Individual Stock Capital Flow - Fulongma (603686) had a net inflow of 301 million from institutional investors, but a net outflow of 134 million from speculative funds [3] - Donghu Gaoxin (600133) saw a net inflow of 233 million from institutional investors, with significant outflows from both speculative and retail investors [3] - Huicheng Environmental Protection (300779) had a net inflow of 104 million from institutional investors, while also experiencing outflows from speculative and retail investors [3]

Investment Rating - The report maintains a "Positive" investment rating for the industry [10]. Core Insights - The demand for waste incineration in Southeast Asia and Central Asia is urgent, driven by rapid urbanization and rising consumer spending, leading to a significant increase in municipal solid waste generation [6][17]. - Most Southeast Asian countries have a waste incineration treatment ratio below 10%, while Central Asia is even more lagging, with nearly 100% reliance on landfill disposal as of the end of 2024 [6][19]. - Chinese companies have established a competitive advantage in overseas waste incineration projects due to their technological strength and comprehensive solution capabilities, with over ten new contracts signed in 2023, totaling nearly 27,000 tons/day of capacity [7][28]. - The waste incineration sector is characterized by high certainty and steady growth, making it a premium absolute return sector [8][35]. Summary by Sections Waste Incineration Demand in "Belt and Road" Countries - The increase in waste generation is significant, with cities like Ho Chi Minh City producing about 9,700 tons of waste daily, of which only 33% is treated through incineration and composting [6][21]. - Indonesia faces severe waste management challenges, with over 35% of waste unprocessed and directly entering waterways, prompting government plans for incineration plants in 30 cities [6][21]. Economic Conditions Favoring Incineration Technology - By 2024, the GDP per capita in major Southeast Asian countries is projected to be between $4,000 and $10,000, indicating readiness for the adoption of incineration technology [6][24]. - Countries like Thailand and Malaysia have GDPs of $7,345 and approximately $11,867, respectively, which are comparable to China's GDP levels when it began promoting waste incineration [6][24]. Active Project Bidding and High Participation of Chinese Companies - The trend of regular and large-scale project bidding in Southeast Asia and Central Asia is evident, with Chinese companies dominating the competitive landscape [7][28]. - In 2023, Chinese firms signed contracts for waste incineration projects with a combined capacity of nearly 27,000 tons/day, primarily in Vietnam, Thailand, Indonesia, and Uzbekistan [7][28]. Growth Potential and Investment Strategy - Southeast Asia is expected to remain a core market, with project bidding continuing to increase, while Central Asia is in the early stages of development [8][35]. - The integration of waste incineration with new business models such as energy storage and digital capabilities is anticipated to create additional value-added services in overseas environmental projects [8][35]. Recommended Industry Leaders - Key industry leaders recommended include Huanlan Environment, China Everbright, Weiming Environmental, Yongxing Co., Green Power, Junxin Co., Sanfeng Environment, Xirong Environment, and Hongcheng Environment [8][36].

Group 1 - The core viewpoint of the news is that Zhejiang Weiming Environmental Protection Co., Ltd. has seen a stock price increase of 5.05%, reaching 22.69 CNY per share, with a total market capitalization of 38.676 billion CNY [1] - The company was established on December 29, 2001, and went public on May 28, 2015, focusing on urban household waste incineration power generation [1] - The main business revenue composition includes: equipment, EPC, and services at 55.72%, project operation at 43.82%, and others at 0.46% [1] Group 2 - According to data, E Fund has one fund heavily invested in Weiming Environmental Protection, specifically the E Fund CSI Yangtze River Protection Theme ETF (517330), which reduced its holdings by 12,300 shares in the second quarter [2] - The fund currently holds 1.5886 million shares, accounting for 2.21% of the fund's net value, ranking as the seventh largest holding [2] - The fund has achieved a year-to-date return of 23.96% and a one-year return of 30.97%, with a total fund size of 1.372 billion CNY [2]

Investment Rating - The industry investment rating is maintained at "Outperform the Market - A" [5] Core Insights - The demand for computing power is surging, leading to rapid growth in electricity consumption by data centers. Global data centers consumed 460 TWh of electricity in 2022, with optimistic projections suggesting this could reach 1000 TWh by 2026. In China, data center electricity consumption is expected to reach 525.76 billion kWh by 2030, accounting for 4.8% of total national electricity consumption [1][18] - Long-term, green computing is seen as the ultimate development scenario, emphasizing the need for energy supply and computing power coordination. The integration of data centers with renewable energy sources and storage solutions is expected to become the mainstream model for large-scale data center development [2][23] - The integration of HVDC (High Voltage Direct Current) systems with energy storage is crucial for creating efficient and flexible data centers. This technology allows for better energy management and optimization, making it a key direction for future development [3][31] Summary by Sections Section 1: Computing Power Demand and Data Center Growth - The rapid increase in computing power demand is driving significant growth in data center electricity consumption, with projections indicating a rise to 1000 TWh by 2026 globally and 525.76 billion kWh in China by 2030 [1][18] - The shift towards green computing is essential, with a focus on integrating renewable energy sources and energy storage to meet the growing demand [2][19] Section 2: Market Performance - The public utility index increased by 2.73% from October 4 to October 17, outperforming the Shanghai Composite Index by 3.84 percentage points [10][35] Section 3: Market Information Tracking - In October 2025, the average transaction price for electricity in Jiangsu was 340.77 RMB/MWh, reflecting a 12.85% decrease from the benchmark price [52] - The average price of thermal coal in the Bohai Rim region was reported at 680 RMB/ton as of October 15, 2025, showing a slight increase [54] - The price of LNG in China was reported at 11 USD/million BTU, indicating a 0.91% increase [56] Section 4: Investment Recommendations - Recommendations include focusing on companies involved in green computing and energy storage, such as TianNeng Co. and Tongli Risheng, which are positioned to benefit from the growing demand for energy storage solutions in data centers [3][14]

Group 1 - The National Development and Reform Commission issued a notice on October 15, supporting the production projects of green methanol and sustainable aviation fuel, as well as large-scale carbon capture, utilization, and storage (CCUS) projects, with a support ratio of 20% of the total investment for various energy-saving and carbon reduction projects [1] - The International Maritime Organization (IMO) is moving towards a net-zero emissions framework, with a draft amendment set to be voted on October 17, establishing a carbon emissions reward and punishment mechanism for shipping companies, which will take effect in 2027 [1] Group 2 - Green fuels are expected to become the main fuel choice for decarbonization in the shipping industry in the medium term, with a long-term shift towards green hydrogen and green ammonia [2] - The National Energy Administration announced the first batch of pilot projects for green liquid fuel technology, including five green methanol projects and three green ammonia projects, involving companies like Shanghai Electric and Goldwind Technology [2] - Suggested companies to watch include those involved in green methanol production, such as China Tianying, Jidian Co., Shanghai Electric, and others, as well as companies in the green hydrogen industry chain and biomass/carbon capture sectors [2]

Group 1 - On October 16, Weiming Environmental conducted a block trade of 1.3 million shares, with a transaction amount of 25.636 million yuan, accounting for 12.43% of the total transaction amount for the day [1] - The transaction price was 19.72 yuan, which represents a discount of 9.67% compared to the market closing price of 21.83 yuan [1]