Core Viewpoint - The announcement details the judicial transfer of 93.419% equity of Zhejiang Qidi Ecological Technology Co., Ltd. from Qidi Environment to Ningbo Hangzhou Bay New Area Renbao Yuanwang Qidi Ke Fu Equity Investment Center (Limited Partnership) due to a court ruling related to unpaid equity transfer payments [1][2][4]. Group 1: Litigation Progress - In 2018, Qidi Environment signed agreements to acquire 100% of the equity of Puhua Environmental Co., Ltd. for a cash payment of 1.3 billion yuan, with a transfer payment of 841.0187 million yuan owed to Renbao Fund [1]. - Due to failure to complete the payment, Renbao Fund filed a lawsuit in July 2022, seeking the remaining payment of 471.0187 million yuan and penalty fees for delayed payment [2]. - The Beijing Financial Court issued a civil judgment in October 2024, leading to the freezing of Qidi Environment's 60% equity in Puhua Water Technology Group and 93.419% equity in Zhejiang Qidi [2][4]. Group 2: Judicial Auction and Transfer - A public auction for the frozen 93.419% equity of Zhejiang Qidi was held from March 31 to April 1, 2025, but it failed due to no bids [3][4]. - Following the auction, the equity was judicially transferred to Renbao Fund on May 28, 2025, as per the court's execution ruling [3][4]. Group 3: Financial Impact - After the judicial transfer, Qidi Environment will no longer hold equity in Zhejiang Qidi, which will no longer be a consolidated subsidiary [8]. - The estimated impact on Qidi Environment's investment income from this equity transfer is approximately -207.2171 million yuan, based on the difference between the net asset value and the auction price [8].

关于与中国节能环保（香港）财资管理有限公司 开展金融合作的应急风险处置预案 第一章 总则 第一条 为有效防范、及时控制和化解中节能铁汉生态环境股份有限公 司（以下简称"本公司或公司"）及下属分子公司在中国节能环保（香港） 财资管理有限公司（以下简称"财资公司"） 开展存、贷款等金融业务的 风险，保证资金的安全性、流动性，制定本应急处置预案。 第二章 应急处置组织机构及职责 第二条 公司成立存款风险预防处置领导小组（以下简称"领导小 组"），由公司董事长任组长，公司财务总监（总会计师）任副组长，领导 小组成员包括财务管理部、证券与法务部（董事会办公室）、审计部等部门 负责人等。领导小组负责组织开展存款风险的防范和处置工作，对存款风险， 任何单位、个人不得隐瞒、缓报、谎报或者授意他人隐瞒、缓报、谎报。 第三条 公司风险预防处置领导小组作为风险应急处置机构，一旦财资 公司发生风险，应立即启动应急预案，并按照规定程序开展工作。 第四条 对存款风险的应急处置应遵循以下原则： （一）统一领导，分级负责。存款风险的应急处置工作由领导小组统一 领导，对公司董事会负责，具体负责存款风险的防范和处置工作； （二）各司其职，协调合 ...

Core Insights - In May, Tianhu Technology recorded 21 investment and financing events related to technology innovation and entrepreneurship in Chengdu, indicating a vibrant investment landscape in the region [1][3]. Group 1: Investment Events - Chengdu Hailong Aerospace Technology Co., Ltd. completed angel round financing, focusing on the development of star sensors and magnetic moment devices [2][10]. - Chengdu Zhongke Xingchen Information Technology Co., Ltd. secured equity financing, specializing in satellite mobile communication terminals [2][11]. - Chengdu Xinglu Aerospace Technology Co., Ltd. completed equity financing, engaged in satellite technology integration [2][12]. - Sichuan Jushen Humanoid Robot Technology Co., Ltd. raised tens of millions in angel round financing, focusing on humanoid robots [2][13]. - Chengdu Jiuzhang Zhifang Technology Co., Ltd. completed equity financing, providing technology promotion services [2][14]. - Chengdu Annu Intelligent Technology Co., Ltd. raised tens of millions in seed round financing, focusing on humanoid robot applications [2][15]. - Chengdu Chengfa Kenen Power Engineering Co., Ltd. completed A round financing, specializing in industrial power equipment [4]. - Chengdu Chuangyi Micro-Nano Technology Co., Ltd. completed angel round financing, focusing on specialized instrument manufacturing [6]. - Sichuan Blue Ocean Intelligent Equipment Manufacturing Co., Ltd. completed A round financing, specializing in intelligent equipment for underground engineering [7]. - Chengdu Jingzhan Electronic Technology Co., Ltd. completed A round financing, focusing on power semiconductor chip design [8]. - Sichuan Jinlong Microelectronics Technology Co., Ltd. completed A round financing, specializing in MEMS silicon oscillators [9]. - Chengdu Weikang Biotechnology Co., Ltd. completed equity financing, focusing on biotechnology research [17]. - Chengdu Kerry Medical Technology Co., Ltd. completed tens of millions in Pre-A round financing, focusing on intelligent blood collection robots [18]. - Sichuan Tiannuo Juneng New Energy Development Co., Ltd. completed equity financing, focusing on lithium-silicon anode materials [19]. - Chengdu Hangxin Aviation Equipment Technology Co., Ltd. completed equity financing, specializing in aviation parts manufacturing [21]. - Chengdu Xinghan Aerospace Technology Co., Ltd. completed equity financing, focusing on rocket control systems [22]. Group 2: Market Trends - The majority of financing events were in the seed and angel round stages, indicating a focus on early-stage investments [3]. - The digital economy and electronic information sectors were the hottest investment areas in Chengdu, with nearly 30% of projects related to the digital economy and about 25% related to electronic information [3].

Core Viewpoint - The company plans to sell 100% equity of its subsidiary, Yangzhou Wanyun, to an affiliated party, Tianjin TEDA Asset Management Co., Ltd, to focus on its core business in ecological environmental protection and gradually divest non-core assets [1][16]. Summary by Sections 1. Related Transaction Overview - The transaction involves the non-public transfer of 100% equity of Yangzhou Wanyun Construction Development Co., Ltd to Tianjin TEDA Asset Management Co., Ltd, which is an affiliated entity [1][2]. - The net asset valuation of Yangzhou Wanyun is set at 2,592.6432 million yuan as of April 30, 2025, based on an asset appraisal report [2][12]. 2. Board Approval - The board of directors approved the transaction with a unanimous vote of 5 in favor, with no opposition or abstentions [2][17]. - Independent directors reviewed and agreed on the transaction, ensuring no conflicts of interest [2][17]. 3. Financial and Asset Details - Yangzhou Wanyun's total assets were valued at 4,075.3327 million yuan, with total liabilities of 1,484.2396 million yuan, resulting in a net asset value of 2,591.0931 million yuan as of April 30, 2025 [7][8]. - The company has a clear ownership structure with no encumbrances or disputes related to the equity being transferred [6][11]. 4. Transaction Pricing and Terms - The transaction price is based on the net asset valuation as of the appraisal date, ensuring a fair and objective pricing principle [12][16]. - The transfer will be executed in cash, with the total consideration amounting to 2,592.6432 million yuan [12][13]. 5. Strategic Rationale - The divestment aligns with the company's strategy to concentrate resources on its core ecological and environmental business, thereby optimizing its asset structure and reducing the overall debt ratio [16][17]. - The transaction is expected to improve the company's financial condition and enhance market valuation by reducing the asset-liability ratio by approximately 1.4 percentage points [16]. 6. Impact on the Company - The sale of Yangzhou Wanyun will lead to a more focused operational strategy, allowing the company to enhance its competitive edge in the environmental sector [16][17]. - The transaction is anticipated to positively influence the company's financial results, with the final impact to be reflected in the audited financial statements for 2025 [16].

Core Viewpoint - *ST Dongyuan (002310) announced that its stock will be suspended for one day on May 28, 2025, and will resume trading on May 29, 2025, with the removal of delisting risk warnings and a change in stock abbreviation to "Dongfang Garden" [2] Group 1: Company Financials - The company reported negative net assets for the fiscal year 2023, leading to risk warnings being implemented [2] - After completing a restructuring plan and showing no further risk in the 2024 financial report, the company applied for and received approval to remove risk warnings [2] - Revenue for 2022, 2023, and 2024 was 3.409 billion, 569 million, and 877 million RMB, reflecting year-on-year changes of -67.50%, -83.30%, and 54.07% respectively [5] - The net profit attributable to shareholders for the same years was -5.817 billion, -5.083 billion, and -3.603 billion RMB, with year-on-year changes of -402.17%, 12.60%, and 29.11% respectively [5] - The company's asset-liability ratios were 85.15%, 97.07%, and 28.88% for the years 2022, 2023, and 2024 [5] Group 2: Legal and Regulatory Issues - The company received an administrative penalty from the China Securities Regulatory Commission for failing to adjust revenue in line with cost reductions, resulting in inflated financial figures for 2019 and subsequent years [3] - The penalties included a warning and a fine of 1.5 million RMB for the company and 700,000 RMB for an individual involved [3] - Investors who suffered losses from April 30, 2020, to July 13, 2023, can register for compensation [4] Group 3: Company Overview - *ST Dongyuan was established on July 2, 1992, with a registered capital of approximately 599.93 million RMB [4] - The company operates in three main business segments: water environment comprehensive governance, industrial hazardous waste disposal, and industrial waste recycling [4] - The current chairman is Zhang Haonan, and the company has 46 employees [5]

Group 1 - Yulin City is actively promoting environmental protection initiatives, including the "Blue Sky, Clear Water, and Clean Land" campaign, to improve environmental quality [1][2] - Shenmu City plans to add 1,709 new centralized heating users by 2024, achieving 100% coverage for clean heating in urban areas [1] - An investment of 1 billion yuan will be made in 2024 for comprehensive road dust and environmental management across Shenmu City [1] Group 2 - The ecological environment along the Wuding River has significantly improved, becoming a habitat for wildlife, including the successful breeding of six young crested ibises [2] - Yulin City recorded 312 "good weather" days in 2024, an increase of 15 days year-on-year, with air quality indicators meeting standards for five consecutive years [2] - The city is focusing on key areas and industries to combat pollution, implementing measures for dust control, ozone reduction, and fine particulate matter management [2] Group 3 - By 2025, Yulin City aims to steadily increase the proportion of days with good air quality, and by 2030, establish a green low-carbon industrial system [3]

广州市委、市政府积极贯彻落实党中央有关部署，按照广东省委、省政府工作要求，多次研究推进美丽 广州建设相关工作，获得生态环境部（综合司）单独复函支持开展美丽城市建设，经市委常委会会议审 议后印发实施《广州市打造美丽中国城市样板工作方案》，围绕"降碳、减污、扩绿、增长"部署开展10 项重点工作，推进打造"可感知、可持续、可共享、可复制、可共赢"的示范样板。启动编制《美丽广州 建设规划纲要》《美丽细胞建设指引》等。 发展美丽经济，打造美丽中国城市样板投融资试点首开示范项目 近年来，广州市作为国家中心城市、粤港澳大湾区核心引擎城市，生态环境质量持续改善，经济社会绿 色转型不断推进。2024年，广州环境质量再上新台阶，空气质量优良天数比例（AQI达标率）提升至 94%，PM2.5平均浓度下降至21微克/立方米，创历史新低，继续在国家中心城市中保持最优；国考省考 断面水质优良比例提升至100%，近岸海域无机氮浓度下降至1.47毫克/升。 试点示范取得积极进展，广州市入选国家首批碳达峰试点名单、国家环境健康管理试点名单，南沙新区 入选全国首批气候投融资试点名单，南沙经济技术开发区入选全国首批减污降碳协同创新试点名单，流 溪 ...

致：东珠生态环保股份有限公司 东珠生态环保股份有限公司（以下简称"公司"）2024 年年度股东会（以下简 称"本次股东会"）采用现场投票与网络投票相结合的方式召开，其中现场会议于 汉盛律师事务所（以下简称"本所"）接受公司聘任，指派本所律师参加本次股东 会现场会议，并根据《中华人民共和国公司法》 《中华人民共和国证券法》 （以下 简称"《证券法》"）、 《上市公司股东会规则》 （以下简称"《股东会规则》"）以及 《东珠生态环保股份有限公司章程》 上海汉盛律师事务所 关于东珠生态环保股份有限公司 （以下简称"《公司章程》"）等有关规定，就 本次股东会的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表 决程序及表决结果等事项出具本法律意见书。 为出具本法律意见书，本所律师审查了《东珠生态环保股份有限公司第五届 董事会第十八次会议决议公告》《东珠生态环保股份有限公司第五届监事会第十 《东珠生态环保股份有限公司关于召开 2024 年年度股东会的 六次会议决议公告》 通知》 （以下简称"《召开股东会通知》"）以及本所律师认为必要的其他文件和资 料，同时审查了出席现场会议股东的身份和资格，本所见证律师现场参加了 ...

Core Points - The Guangxi Activity Week at the China Pavilion during the 2025 Osaka Expo will take place from June 11 to 13, with the theme "Beautiful Guangxi, Green Future" [1][2] - The event will feature a series of activities categorized as "4+3+N," including an opening ceremony, exhibitions, intangible cultural heritage performances, and cultural shows, aimed at showcasing Guangxi's achievements and promoting economic and cultural exchanges globally [1][2] Group 1 - The "Encountering Unique Guangxi" section will host the "Green · Coexistence · Towards the Future" exhibition, utilizing a combination of physical and digital technologies to highlight Guangxi's natural resources, ecological environment, and cultural heritage [1][2] - Featured products will include Guangxi's traditional items such as Zhuang brocade, Ni Xing pottery, and Liu Bao tea, alongside immersive projects like digital avatars and VR experiences to attract international visitors [1][2] Group 2 - The "Understanding Opportunities in Guangxi" section will leverage the Expo platform to showcase Guangxi's specialty products and facilitate business negotiations between Chinese and Japanese enterprises, focusing on ecological, energy, and health industries [2] - The "Spreading the Beauty of Guangxi" section will employ diverse media strategies to present Guangxi's ecological charm and cultural depth, integrating modern technology with traditional heritage for an immersive experience [2]

Legislative Work Plan Overview - The National People's Congress (NPC) Standing Committee has announced the legislative work plan for 2025, which includes 14 bills for continued review and 23 bills for initial review [2][3] Continued Review Bills - The 14 bills for continued review include significant laws such as the Representative Law (amendment), Private Economy Promotion Law, Infectious Disease Prevention Law (amendment), and Financial Stability Law [2][3] Initial Review Bills - The 23 bills for initial review encompass a wide range of topics, including the Ecological Environment Code, National Development Planning Law, and Financial Law, indicating a focus on environmental and financial regulations [3][4] Financial Law Development - The Financial Law is highlighted as a crucial piece of legislation aimed at providing a foundational legal framework for financial activities, addressing existing legislative gaps and regulatory blind spots [4] Legislative Clean-up Initiatives - The NPC Standing Committee plans to initiate a comprehensive legal clean-up in 2025 to address inconsistencies and improve the legal framework, ensuring a more coherent legal system [6] Strengthening Review Mechanisms - The legislative work plan emphasizes enhancing the record review system, including the establishment of a unified platform for legal documents and improved coordination among relevant agencies [5]