Core Insights - The event "Sincere Communication, Delivering Value - 2025 Hebei Listed Companies Investor Online Collective Reception Day and 2025 Semi-Annual Report Collective Performance Briefing" was successfully held on September 15 [1] Company Performance - Shenhe Environmental Protection (300137) reported a net profit increase of 7.18 million compared to the same period last year, with a parent net profit increase of 5.79 million [1] - The increase in net profit was primarily driven by a revenue increase of 23.96 million compared to the same period last year, along with the company's intensified efforts in cost reduction and efficiency improvement [1] Future Strategies - The company aims to maintain stable development of existing businesses while actively exploring new business opportunities [1] - There is a focus on enhancing the collection of accounts receivable to strive for improved operational performance [1]

Core Viewpoint - The company emphasizes its commitment to focusing on its core business through technological innovation, management optimization, and market expansion to enhance operational efficiency and profitability [1] Group 1 - The company aims to continuously improve and enhance its corporate governance level [1] - The company is focused on increasing its core competitiveness as part of its strategy for sustainable growth [1] - The company is dedicated to enhancing the intrinsic value of its operations for stable and continuous growth [1]

Core Viewpoint - The company has been experiencing continuous losses since 2022, with a forecasted loss of 700 to 800 million this year, raising concerns about its financial stability and potential bankruptcy [1] Group 1: Financial Performance - The company has reported annual losses of over 1 billion since 2022, with an increasing debt-to-asset ratio [1] - The forecast for the first half of this year indicates a loss of 700 to 800 million [1] Group 2: Management Response - The company is actively working to improve its operational performance and profitability [1] - Measures are being taken to reduce the debt-to-asset ratio and alleviate financial pressure [1] Group 3: Stock Price Dynamics - The stock price has experienced consecutive trading limit increases, which the company attributes to various complex factors influencing short-term price fluctuations [1] - The company emphasizes that stock price movements are uncertain and should be verified through official announcements [1]

Group 1: Investor Relations Activity - The investor relations activity was an earnings briefing held on May 15, 2025, at the Shanghai Securities News Roadshow Center [3] - Participants included the Chairman, General Manager, Board Secretary, and a representative from Guotou Securities [3] Group 2: Company Performance Overview - The company reported a net loss of CNY 23.94 million for 2024, with the parent company’s net profit at CNY -24.27 million [7] - The total undistributed profits as of December 31, 2024, were CNY 84.67 million for the consolidated report and CNY 84.51 million for the parent company [7] Group 3: Reasons for Performance Decline - The decline in performance was attributed to weak consumer demand, slow recovery in the restaurant sector, and a decrease in pig inventory due to the African swine fever [5] - The company faced intense competition in the feed and feed additive market, leading to a significant drop in profitability [5] Group 4: Future Strategies for Profitability - Sales strategies include focusing on regional feed brands and expanding into egg and aquatic products [5][6] - The company plans to enhance product differentiation and focus on core customer needs to increase sales [6] - Technical innovations and market research will be prioritized to improve product competitiveness [7] Group 5: Dividend Policy - The company did not declare dividends for 2024 due to losses, which did not meet the conditions for cash dividends as per the company’s articles [7] Group 6: Investment and Project Updates - The company is constructing a self-breeding pig farm and has sufficient funding for this project [9] - The micro-ecological agent project reached a usable state by March 31, 2024, but its purpose was changed due to market conditions [10] - The marketing service center project’s completion date was extended to December 31, 2025, with a cumulative investment progress of 56.98% as of December 31, 2024 [10]