（文章来源：证券日报） 证券日报网讯 9月22日晚间，复洁环保发布公告称，公司拟与上海市科学技术委员会签订《战略前沿专 项项目任务合同书》，由公司作为牵头承担单位，联合多家单位共同开展沼气全碳定向转化制绿色甲醇 关键技术与中试验证的专项科研项目，就沼气制绿色燃料技术发展与产业化进程进行研究。 ...

格隆汇9月22日丨复洁环保(688335.SH)公布，公司拟与上海市科学技术委员会（称"上海市科委"）签订 《战略前沿专项项目任务合同书》（称"任务合同书"），由公司作为牵头承担单位，联合多家单位共同 开展沼气全碳定向转化制绿色甲醇关键技术与中试验证的专项科研项目，就沼气制绿色燃料技术发展与 产业化进程进行研究。 公司拟通过本次专项科研项目开展技术创新、中试验证、成果转化与产业化应用，推动城镇污水厂、垃 圾厂利用污水、污泥、垃圾等资源，高效制备绿色甲醇等氢基绿色燃料，如该任务合同书顺利签署，对 公司推进绿色燃料的产业化有着积极的作用，有利于公司战略发展目标的实现。 根据拟签署的任务合同书，公司与联合参研单位预计取得的专项经费合计不超过3,452万元。公司为本 项目的牵头方，公司与联合参研单位将有序开展专项科研项目的研究与试验，上海市科委将依据任务合 同书的实施计划及里程碑节点进行考核管理，并依据考核结果分批拨付专项经费。公司收到专项经费后 需向项目的联合参研单位拨付部分专项经费，公司将根据后续专项经费的拨付情况及时履行信息披露义 务。本次拟开展的专项科研项目最终能否顺利实施并验收、公司与联合参研单位最终能获得 ...

公司拟通过本次专项科研项目开展技术创新、中试验证、成果转化与产业化应用，推动城镇污水厂、垃 圾厂利用污水、污泥、垃圾等资源，高效制备绿色甲醇等氢基绿色燃料，如该任务合同书顺利签署，对 公司推进绿色燃料的产业化有着积极的作用，有利于公司战略发展目标的实现。 智通财经APP讯，复洁环保(688335.SH)发布公告，公司拟与上海市科学技术委员会签订《战略前沿专 项项目任务合同书》，由公司作为牵头承担单位，联合多家单位共同开展沼气全碳定向转化制绿色甲醇 关键技术与中试验证的专项科研项目，就沼气制绿色燃料技术发展与产业化进程进行研究。 根据拟签署的任务合同书，公司与联合参研单位预计取得的专项经费合计不超过3,452万元。公司为本 项目的牵头方，公司与联合参研单位将有序开展专项科研项目的研究与试验，上海市科委将依据任务合 同书的实施计划及里程碑节点进行考核管理，并依据考核结果分批拨付专项经费。公司收到专项经费后 需向项目的联合参研单位拨付部分专项经费，公司将根据后续专项经费的拨付情况及时履行信息披露义 务。本次拟开展的专项科研项目最终能否顺利实施并验收、公司与联合参研单位最终能获得的专项经费 金额尚存在不确定性。公司实 ...

Group 1 - The company plans to sign a strategic project contract with the Shanghai Municipal Science and Technology Commission to lead a research project on the key technology and pilot verification of green methanol production from biogas [1] - The project aims to innovate technology, conduct pilot verification, and promote the industrial application of green fuels, particularly focusing on the efficient production of green methanol from urban sewage plants and waste [1] - Successful signing of the contract is expected to positively impact the company's efforts in advancing the industrialization of green fuels, aligning with its strategic development goals [1] Group 2 - The total special funding expected from the contract is up to 34.52 million yuan [2] - The company will lead the research and experiments in collaboration with other research units, with funding disbursed in phases based on performance assessments by the Shanghai Municipal Science and Technology Commission [2] - There is uncertainty regarding the successful implementation and acceptance of the project, as well as the final amount of special funding the company and its partners will receive [2]

截至发稿，启迪环境市值为33亿元。 每经AI快讯，启迪环境（SZ 000826，收盘价：2.3元）9月22日晚间发布公告称，启迪环境科技发展股 份有限公司监事会于近日收到职工代表监事胡滢女士的辞职申请，胡滢女士因个人原因申请辞去其所担 任的职工代表监事职务，辞任后将不再担任公司任何职务。经公司工会提名，职工代表以举手表决的方 式，选举齐芝娉为公司第十一届监事会职工代表监事，任期与公司第十一届监事会任期相同。 每经头条（nbdtoutiao）——始祖鸟深陷"炸山"风波，母公司大中华区新总裁上任才两个多月，被赞"专 业能力深厚"！安踏体育最新回应→ 2025年1至6月份，启迪环境的营业收入构成为：环卫业务占比53.48%，自来水及污水处理业务占比 23.37%，市政施工收入占比18.0%，环保设备安装及咨询业占比4.11%，其他业务占比1.04%。 （记者 王瀚黎） ...

每经头条（nbdtoutiao）——始祖鸟深陷"炸山"风波，母公司大中华区新总裁上任才两个多月，被赞"专 业能力深厚"！安踏体育最新回应→ （记者 曾健辉） 截至发稿，高能环境市值为101亿元。 每经AI快讯，高能环境（SH 603588，收盘价：6.61元）9月22日晚间发布公告称，本次李卫国先生办理 部分股份解除质押业务的无限售条件流通股合计7,000,000股，约占公司总股本比例为0.46%，约占其个 人持有公司股份比例为2.66%。截至本公告日，李卫国累计质押股数约为1.35亿股，约占其所持股份比 例为51.3%。 2025年1至6月份，高能环境的营业收入构成为：固废危废资源化利用占比77.68%，环保运营服务占比 13.49%，环境修复占比8.83%。 ...

Core Viewpoint - Zhongyuan Environmental Protection has been facing continuous pressure on accounts receivable collection in recent years and is actively implementing various measures to improve the collection process [2] Group 1: Accounts Receivable Management - The company has placed significant emphasis on improving accounts receivable collection and has established a reward and penalty system for internal management [2] - A specific "Accounts Receivable Management Measures" has been formulated, and special collection activities are being conducted to enhance the collection rate [2] - The collection rate of accounts receivable has been included as a core assessment indicator, and a special ledger has been created for long-term and high-amount receivables to ensure accountability [2] Group 2: External Communication and Policy Engagement - The company is strengthening communication with payment entities and closely monitoring local government debt resolution policies [2] - Efforts are being made to include the company's accounts receivable in local government clearance ledgers and annual budgets [2]

南京万德 关于董事会秘 本公司董事会及全体董 或者重大遗漏,并对其内容 9月15日晚间，南京万德斯环保科技股份有限公司（688178.SH，以下简称"万德斯"）发布公告称，董事会于2025年9月15日收到董事会秘书，核心技术人员 戴昕书面辞职报告。因个人原因，戴昕辞去公司董事会秘书、核心技术人员职务。辞职后，戴昕将不再担任公司任何职务。公司将由总经理陈灿代行董事会 秘书职责。 提前离任的基本情 | 姓名 | 离任职务 | 高任 | | --- | --- | --- | | 咸听 | 董事会秘书、核心 | 2025 : | | | 技术人员 | 15 | 简历显示，戴昕，男，1983年6月生，中国国籍，无境外永久居留权，硕士研究生学历，正高级工程师，历任江苏省嘉庆水务发展有限公司研发部主管、南 京科盛环保科技有限公司研发部经理、公司研发部经理、监事。 值得注意的是，近一年，万德斯发生董监高变更7人次。2024年10月12日，万德斯公告，陈灿新任总经理；2025年9月16日，万德斯公告，陈灿新任代理董事 会秘书；2025年9月16日，万德斯公告，韩辉锁不再担任非独立董事；2025年9月16日，万德斯公告，林仕华 ...

Core Viewpoint - Zhonglan Environmental reported a significant decline in financial performance for the first half of 2025, with a notable drop in both revenue and net profit, alongside regulatory scrutiny regarding shareholder reporting obligations [1][2][3]. Financial Performance - In the first half of 2025, Zhonglan Environmental achieved operating revenue of 291 million CNY, a decrease of 3.68% compared to the same period last year [2][3]. - The net profit attributable to shareholders was 5.63 million CNY, down 55.05% year-on-year [2][3]. - The net profit after deducting non-recurring gains and losses was 2.88 million CNY, reflecting a decline of 68.80% compared to the previous year [2][3]. - The net cash flow from operating activities was -1.38 million CNY, indicating a significant deterioration [2][3]. Shareholder Regulatory Issues - Liu Qingsong, a major shareholder holding over 5% of Zhonglan Environmental, failed to report and announce his shareholding reduction in compliance with regulations, leading to a warning from the Shenzhen Securities Regulatory Bureau [1]. - The regulatory action was based on violations of the "Measures for the Administration of the Acquisition of Listed Companies" [1]. Company Background - Zhonglan Environmental was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 16, 2021, with an initial public offering of 24.7 million CNY [4]. - The company raised a net amount of 19.79 million CNY from the IPO, which was intended for engineering testing centers and working capital [4].

Investment Rating - The report maintains an "Overweight" rating for the environmental protection industry [1] Core Insights - The Ministry of Ecology and Environment held a press conference on "High-Quality Completion of the 14th Five-Year Plan," indicating ongoing progress in the "dual carbon" policy [1] - Solid waste management and water governance policies are expected to strengthen the fundamentals of hazardous waste and water-related companies [13] - The demand for environmental monitoring equipment is anticipated to continue growing due to the ongoing "dual carbon" policy [13] Summary by Sections Industry Trends - Since the beginning of the 14th Five-Year Plan, the capacity for hazardous waste utilization and disposal has increased by 58.8%, and the capacity for municipal solid waste incineration has increased by 72.4% compared to the end of the 13th Five-Year Plan [10] - Over 3000 solid waste management projects have been implemented across 113 cities, with an investment of approximately 560 billion yuan [10] Solid Waste Management - The solid waste sector has seen a significant improvement in cash flow and dividend payouts, with a focus on operational efficiency and cost reduction [14] - The average revenue growth for the solid waste sector was 1%, with net profit increasing by 8% in the first half of 2025 [14] Water Management - The water sector is expected to experience a cash flow turnaround similar to that of the waste incineration sector, with a projected increase in free cash flow starting in 2026 [18] - Water pricing reforms are being implemented in cities like Guangzhou and Shenzhen, which may lead to a new round of price adjustments [18] Sanitation Equipment - The penetration rate of electric sanitation vehicles increased by 6.53 percentage points to 16.71% in the first eight months of 2025, with sales of electric sanitation vehicles rising by 69.34% year-on-year [22] - The total sales of sanitation vehicles reached 49,577 units, reflecting a year-on-year increase of 3.2% [22] Bio-Diesel - The average price of waste cooking oil increased to 6,713 yuan per ton, while the average price of biodiesel remained stable at 8,400 yuan per ton, resulting in a decrease in profit margins [34] Lithium Battery Recycling - The prices of metals and discounts on ternary battery materials have increased, leading to improved profitability in lithium battery recycling [39]