每经AI快讯，旺能环境（SZ 002034，收盘价：16.77元）10月9日晚间发布公告称，截至2025年9月30 日，公司通过回购专用证券账户以集中竞价交易方式累计回购公司股份约946万股，占公司目前总股本 的2.18%，最高成交价为20.2元/股，最低成交价为14元/股，成交总金额为人民币约1.52亿元。 每经头条（nbdtoutiao）——与美元脱钩后，暴涨102倍，揭秘黄金疯涨背后神秘的"无形之手"！专家： 推动金价上涨的逻辑没有变 （记者 王晓波） 截至发稿，旺能环境市值为73亿元。 2025年1至6月份，旺能环境的营业收入构成为：生态保护和环境治理行业占比100.0%。 ...

Key Points - The new policy adjusts the types of deductible certificates included in the calculation formula for input tax composition ratio, adding electronic invoices for air and railway tickets, and separately listing the unified invoice for motor vehicle sales [3] - The adjusted deductible certificate types now include seven categories, such as VAT special invoices and customs import VAT payment certificates [3] - Taxpayers in four specific industries (manufacturing, scientific research and technical services, software and information technology services, ecological protection and environmental governance) can apply for a refund of the end-of-period retained tax amount on a monthly basis [4][5] - The determination of whether a taxpayer belongs to these four industries is based on whether the total VAT sales amount from these industries exceeds 50% of the total VAT sales amount, rather than the proportion of any single industry [4] - For real estate development and operation taxpayers, if the end-of-period retained tax amount has increased for six consecutive months and the increase in the sixth month is not less than 500,000 yuan, they can apply for a refund of 60% of the new increase [5] - Other taxpayers, excluding those in the specified four industries and real estate development, can apply for a proportional refund if their new increase in retained tax exceeds 500,000 yuan [5]

南方财经9月29日电，冠中生态(300948.SZ)9月29日公告，控股股东冠中投资及实际控制人李春林、许 剑平夫妇已于2025年9月26日与杭州深蓝财鲸人工智能科技合伙企业（有限合伙）签署《股份转让协 议》，冠中投资将分两期向深蓝财鲸转让合计21,704,920股股份，占总股本的15.50%，其中首期转让 10.50%股份，转让价格为15元/股，总价款约2.21亿元。为确保控制权平稳过渡，冠中投资及其一致行 动人还签署了《表决权放弃协议》，将在首期股份交割后放弃其持有的剩余33.74%股份的表决权，弃 权期限为36个月。交易完成后，深蓝财鲸（实控人为靳春平）将成为控股股东，靳春平将成为公司新的 实际控制人。 同步披露的还有一项收购计划。公司与杭州精算家人工智能技术有限公司的11名股东签署了意向协议， 拟以现金收购其51%的股权。标的公司整体估值暂定为不超过5.6亿元。杭州精算家主营智能财税服 务，股权结构分散，主要股东包括靳春平控制的深圳市花舞科技有限公司等。值得关注的是其盈利能 力：该公司2024年净利润为792.02万元，2025年上半年为506.74万元。 ...

每经AI快讯，旺能环境（SZ 002034，收盘价：17.37元）9月15日晚间发布公告称，公司第九届第十三 次董事会会议于2025年9月15日在公司总部三楼会议室以现场加通讯形式召开。会议审议了《关于选举 代表公司执行公司事务的董事的议案》等文件。 2025年1至6月份，旺能环境的营业收入构成为：生态保护和环境治理行业占比100.0%。 每经头条（nbdtoutiao）——重大突破！中国这款新药，中美官方都认定有突破性疗效！世界肺癌大会 沸腾了 （记者 张喜威） 截至发稿，旺能环境市值为75亿元。 ...

Group 1 - Dongzhu Ecological announced the acquisition of 89.49% of Kairuixingtong's shares through a combination of stock issuance and cash payment, aiming to make Kairuixingtong a subsidiary [1][3] - The stock issuance price is set at 5.47 yuan per share, which is not less than 80% of the average trading price over the previous 120 trading days [3] - The company plans to raise funds not exceeding 100% of the transaction price through the issuance of shares, with the number of shares issued not exceeding 30% of the total share capital post-transaction [3] Group 2 - Kairuixingtong, established in October 2011, specializes in satellite communication technology and systems, with products including satellite communication baseband products and terminals [4] - Kairuixingtong's revenue for 2023, 2024, and the first half of 2025 is projected to be 149 million, 258 million, and 110 million yuan respectively, with net profits of 8.95 million, 41.5 million, and 7.82 million yuan [4] - The net profit margin of Kairuixingtong has shown significant volatility, recorded at 5.99%, 16.1%, and 7.13% during the same periods [4] Group 3 - Dongzhu Ecological's performance has declined since 2022, with revenues dropping from 1.242 billion yuan in 2022 to 376 million yuan in 2024, and net profits turning negative [7] - The company expects a net profit loss of between 5 million to 10 million yuan for the first half of 2025, compared to a profit of 12.98 million yuan in the same period last year [7] - The decline in performance is attributed to intensified competition, macroeconomic factors, and delays in project payments, leading to reduced new orders and slower project execution [7]

Core Viewpoint - Dongzhu Ecological is undergoing a significant asset restructuring by acquiring 89.49% of Kairuixingtong Information Technology (Nanjing) Co., Ltd, aiming to enter the satellite communication sector after experiencing declining performance in its core business [1][12]. Group 1: Acquisition Details - Dongzhu Ecological plans to acquire Kairuixingtong through a combination of issuing shares and cash payments, with the transaction expected to be a major asset restructuring [1][6]. - The share issuance price is set at 5.47 yuan per share, which is not less than 80% of the average trading price over the previous 120 trading days [7]. - The acquisition will not change the actual control of the company, which remains with Xi Huiming and Pu Jianfen [7]. Group 2: Financial Performance of Kairuixingtong - Kairuixingtong, established in October 2011, specializes in satellite communication technology and has shown rapid revenue growth, with projected revenues of 149 million yuan in 2023 and 258 million yuan in 2024 [9]. - The net profit for Kairuixingtong is forecasted to be 8.95 million yuan in 2023 and 41.5 million yuan in 2024, indicating a fluctuating net profit margin of 5.99%, 16.1%, and 7.13% over the specified periods [9][10]. Group 3: Dongzhu Ecological's Financial Challenges - Dongzhu Ecological has faced significant revenue and profit declines since 2022, with revenues dropping from 12.42 billion yuan in 2022 to an estimated 3.76 billion yuan in 2024 [12]. - The company reported a net loss of 326 million yuan in 2022 and is projected to continue facing losses in 2025, with a forecasted net profit of between -10 million and -5 million yuan for the first half of 2025 [12]. - The decline in performance is attributed to increased competition, macroeconomic factors, and delays in project payments, impacting the company's operational efficiency [12].

Core Viewpoint - The new policy on VAT end-period tax refund will be implemented starting September 1, 2025, aimed at providing support to specific industries and taxpayers [4]. Group 1: New VAT End-Period Tax Refund Policy - The policy will take effect from September 1, 2025 [4]. - Eligible industries for tax refund include manufacturing, scientific research and technical services, software and information technology services, ecological protection and environmental governance, and real estate development [4][5]. Group 2: Eligibility Criteria for Tax Refund - Taxpayers in the specified industries must have VAT sales from these sectors exceeding 50% of their total VAT sales to qualify for the refund [6]. - For real estate developers, the VAT sales and prepayments must also exceed 50% of total VAT sales [7][8]. Group 3: Conditions for Application - Applicants must have an A or B tax credit rating and must not have committed tax fraud or been penalized for tax evasion in the past 36 months [11]. - The VAT sales amount includes declared sales, adjusted sales from audits, and assessed sales [12]. Group 4: Calculation of Refundable Tax Amount - The refundable tax amount for eligible taxpayers is calculated based on the end-period tax amount and the proportion of deductible input tax [13][15][18]. - Specific formulas are provided for different categories of taxpayers to determine the refundable amount based on their sales and prepayments [15][18]. Group 5: Interaction with Other Tax Policies - Taxpayers who have already received VAT refunds since April 1, 2019, cannot apply for the immediate refund or deferred refund policies unless they return the previously refunded amounts [22][23].

Group 1: Mergers and Acquisitions Overview - During the period from August 22 to August 28, 2025, three listed companies announced new mergers and acquisitions, namely Debang Lighting, Dongzhu Ecology, and Nanxin Pharmaceutical, involving three M&A events across the home appliances, construction decoration, and pharmaceutical industries [1][9]. Group 2: Debang Lighting - Debang Lighting focuses on the research, production, and sales of lighting application products, covering general lighting and automotive lighting. In 2024, the company achieved a revenue of 4.431 billion yuan, with general lighting contributing the most at 3.785 billion yuan, although it saw a year-on-year decline of 6.35%. The automotive lighting segment generated 596 million yuan, down 4.43% year-on-year, while the lighting engineering construction business earned 114 million yuan, down 36.48% [2][9]. - The cost structure shows that material costs are significant, accounting for 86.64% and 79.48% in general and automotive lighting, respectively. The company enhances manufacturing levels through "efficiency + flexibility" production methods and employs information management systems like MES, SCM, and ERP to optimize supply chains and production processes [2][9]. - Debang Lighting plans to acquire at least 51% of Jiali Co., a well-known domestic automotive lighting manufacturer, through cash and capital increase [2][9]. Group 3: Dongzhu Ecology - Dongzhu Ecology is a comprehensive enterprise focused on ecological protection and environmental governance, with business areas including wetland protection, water environment governance, municipal landscape, and forest park management. In 2024, the company undertook several key projects, including ecological restoration and municipal infrastructure projects [3][10]. - The company plans to acquire a controlling stake in Kairuixing Technology (Nanjing) Co., Ltd. through a combination of issuing shares and cash payments, aiming to raise supporting funds. Kairuixing operates in satellite communication services and intelligent UAV manufacturing [3][10]. Group 4: Nanxin Pharmaceutical - Nanxin Pharmaceutical specializes in the research, production, and sales of antiviral and infectious disease prevention drugs, as well as treatments for major diseases like cardiovascular diseases and diabetes. The company has established a research and development system combining innovative and generic drugs [4][11]. - The company has launched the first domestic 1.1 class innovative drug for influenza, along with various oral medications, creating a product line that includes injection and oral administration routes. Nanxin Pharmaceutical signed an acquisition agreement to purchase a group of assets related to multiple trace element injection solutions for up to 480 million yuan [5][12]. - The assets include already marketed products and ongoing research projects, targeting the nutritional needs of children and adults [5][12].

Group 1 - The company, Dongzhu Ecological, is planning to acquire a controlling stake in Kairuixingtong Information Technology (Nanjing) Co., Ltd. through a combination of issuing shares and cash payment, while also raising matching funds [1][3] - This transaction is expected to constitute a major asset restructuring, which will not lead to a change in the actual controller of the company and does not qualify as a restructuring listing [3] - Kairuixingtong is a high-tech enterprise primarily engaged in the research and development of satellite communication technology and systems, with a mature product and technology advantage in various fields including satellite communication systems and low-power integrated terminals [3][4] Group 2 - Dongzhu Ecological has experienced a significant decline in revenue and net profit since 2022, prompting the company to initiate this major asset restructuring and cross-industry acquisition [4] - The company's revenue and net profit figures for 2022-2024 are as follows: revenue of 1.242 billion, 829 million, and 376 million; net profit of 27 million, -326 million, and -635 million [5] - The company anticipates a net profit of -10 million to -5 million for the first half of 2025, compared to a profit of 129.88 million in the same period last year, attributing the decline to intensified competition and prolonged project settlement cycles [5]

Audit Opinion - The audit report states that the financial statements of Shaoxing Huaxin Environmental Technology Co., Ltd. fairly reflect its financial position as of December 31, 2024, and June 30, 2025, as well as its operating results and cash flows for the year 2024 and the first half of 2025 [1][2]. Management and Governance Responsibilities - The management of the company is responsible for preparing the financial statements in accordance with accounting standards and ensuring that they are free from material misstatements due to fraud or error [2][3]. - The governance layer is responsible for overseeing the financial reporting process of the company [3]. Auditor's Responsibilities - The auditor's goal is to obtain reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error [3][4]. - The auditor identifies and assesses risks of material misstatement and designs audit procedures to address these risks [4][5]. Financial Statements Overview - The financial statements include the balance sheet, income statement, cash flow statement, and statement of changes in equity for the specified periods [1][2]. - The company operates in the ecological protection and environmental governance industry, focusing on the collection, transportation, storage, and disposal of industrial hazardous waste and medical waste [12][18]. Accounting Policies - The financial statements are prepared based on the going concern assumption, indicating that the company has no significant doubts about its ability to continue operations for the next 12 months [9]. - The company adheres to the accounting standards and policies that ensure a true and complete reflection of its financial status, operating results, and cash flows [9][10]. Cash Flow Analysis - The cash flow statement indicates cash inflows from operating activities amounting to approximately 32.62 million RMB and cash outflows of about 31.78 million RMB for the specified periods [8]. - The net cash flow from operating activities is reported as approximately 840,603.42 RMB for the first half of 2025 [8].