（3）异地股东可以用信函方式办理出席登记手续（信函到达邮戳应不迟于2025 年 11月 11日），但在 出席会议时应提供登记文件原件供核对。 2、登记时间：2025年11月12日14:30前。 3、登记地点：福建省福州市五一北路 171 号新都会花园广场 16 层福建省青山纸业股份有限公司董事会 秘书处 六、其他事项 1、现场会议会期半天，与会股东食宿及交通费用自理。 2、联系地址：福建省福州市五一北路171号新都会花园广场16层福建省青山纸业股份有限公司董事会秘 书处。 联系人：徐慧镕、林晓虹 联系电话：0591-83367773 特此公告。 附件1：授权委托书 福建省青山纸业股份有限公司董事会 2025年10月28日 ● 附件1：授权委托书 授权委托书 福建省青山纸业股份有限公司： 兹委托 先生（女士）代表本单位（或本人）出席2025年11月12日召开的贵公司2025年第二次临时股东 大会，并代为行使表决权。 委托人持普通股数： 委托人持优先股数： 委托人股东账户号： ■ 委托人签名（盖章）： 受托人签名： 委托人身份证号： 受托人身份证号： 委托日期： 年 月 日 备注： 委托人应当在委托书中"同意"、 ...

Investment Rating - The investment rating for Zhongyuan Environmental Protection (000544) is not explicitly stated in the report [1]. Core Viewpoints - The company's wastewater treatment business is steadily growing, with ongoing upgrades and transformations [3]. - In 2024, the company processed 936 million tons of wastewater and supplied 6.284 million cubic meters of recycled water, with a significant increase in sludge treatment and heating supply areas [3]. - The company has initiated several projects to enhance its profitability, including the commercial operation of new wastewater treatment plants and various upgrade projects [3]. - The operating cash flow has significantly improved, while accounts receivable have shown an upward trend, indicating a focus on receivables management [3]. - The company forecasts revenues of 5.43 billion, 5.8 billion, and 6.24 billion yuan for 2025, 2026, and 2027, respectively, with net profits expected to grow steadily [4]. Summary by Sections Financial Performance - In 2024, the total revenue was 5.443 billion yuan, a decrease of 30.3% year-on-year, while the net profit attributable to the parent company was 1.032 billion yuan, an increase of 20% [1][5]. - The gross profit margin for wastewater treatment was 49.62%, with a slight decrease of 1.46 percentage points year-on-year [3]. - The company expects a gradual recovery in revenue growth, with projected growth rates of -0.2%, 6.8%, and 7.7% for the years 2025 to 2027 [4]. Cash Flow and Receivables - The net cash flow from operating activities improved significantly, with a net cash flow of -609 million yuan in 2024, an increase of 69.87% year-on-year [3]. - Accounts receivable increased to 6.786 billion yuan by the end of 2024, prompting the company to implement stricter receivables management measures [3]. Project Developments - The company has approved investments in six new projects, including wastewater treatment and renewable energy initiatives, which are expected to drive future growth [3].