上市公司：格林美（002340），惠城环保（300779），神雾节能（000820），法尔胜（000890），盈峰 环境（000967），楚环科技（001336）龙净环保（600388），菲达环保（600526），宇通重工 （600817），景津装备（603279） 2019年-2025年1-4月全国废弃资源综合利用业出口货值统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2025-2031年中国废弃资源循环再利用行业市场竞争现状及产业趋势研判 报告》 根据国家统计局数据可知：2025年4月全国废弃资源综合利用业出口货值为3.3亿元，同比下降30.2%； 2025年1-4月全国废弃资源综合利用业累计出口货值为19.7亿元，累计同比下降1.4%。 ...

Core Viewpoint - The report highlights the growth in the waste resource recycling industry in China, indicating an increase in the number of enterprises and their significance within the industrial sector [1]. Industry Summary - As of January to July 2025, the number of enterprises in the waste resource comprehensive utilization industry reached 4,102, marking an increase of 360 enterprises compared to the same period last year, which represents a year-on-year growth of 9.62% [1]. - The proportion of these enterprises within the total industrial enterprises stands at 0.79% [1]. Company Summary - The report mentions several listed companies in the waste resource recycling sector, including Greenme (002340), Huicheng Environmental Protection (300779), Shenwu Energy Saving (000820), and others, indicating a competitive landscape in the industry [1].

Core Insights - The article discusses the growth and trends in China's waste resource recycling industry, highlighting significant export value increases in recent years [1]. Industry Overview - The waste resource recycling industry in China has shown a remarkable export value of 9.2 billion yuan in May 2025, representing a year-on-year growth of 115.7% [1]. - Cumulatively, from January to May 2025, the total export value reached 28.9 billion yuan, with a year-on-year increase of 17.9% [1]. Company Insights - Several companies are mentioned in relation to the waste resource recycling industry, including: - Greenme (002340) - Huicheng Environmental Protection (300779) - Shenwu Energy Saving (000820) - Farsen (000890) - Yingfeng Environment (000967) - Chuhuan Technology (001336) - Longjing Environmental Protection (600388) - Fida Environmental Protection (600526) - Yutong Heavy Industry (600817) - Jingjin Equipment (603279) [1]. Research Report - The article references a report by Zhiyan Consulting titled "Market Competition Status and Industry Trend Analysis of China's Waste Resource Recycling Industry from 2025 to 2031," indicating a focus on future market dynamics and competitive landscape [1].

Group 1 - The Consumer Price Index (CPI) remained flat month-on-month in August, with a year-on-year decrease of 0.4%, while the core CPI, excluding food and energy, increased by 0.9% year-on-year, marking the fourth consecutive month of growth [1][3] - The rise in core CPI is attributed to effective policies aimed at boosting domestic demand and consumption, with industrial consumer goods prices excluding energy also showing an increase [1][3] - The decline in overall CPI year-on-year is primarily due to a high comparison base from the previous year and lower-than-seasonal food price increases, with food prices dropping by 4.3% year-on-year [3][4] Group 2 - The Producer Price Index (PPI) showed a narrowing year-on-year decline, ending an eight-month downward trend, indicating improved supply-demand relationships in certain industries [4][5] - Specific industries, such as coal processing and photovoltaic equipment manufacturing, experienced a reduction in price declines, reflecting better market conditions [7][8] - Emerging industries and technological innovations are contributing to positive price changes, with certain sectors like integrated circuit packaging and testing seeing price increases [8]

Group 1 - The Consumer Price Index (CPI) remained flat month-on-month in August, with a year-on-year decrease of 0.4%, while the core CPI, excluding food and energy, increased by 0.9% year-on-year, marking the fourth consecutive month of growth [1][2] - The rise in core CPI is attributed to effective consumption-boosting policies, with the industrial consumer goods prices excluding energy also seeing an increase of 0.3 percentage points compared to the previous month [2][4] - Food prices showed a year-on-year decline of 4.3%, contributing significantly to the overall CPI decrease, as the supply of food remained ample [3][5] Group 2 - The Producer Price Index (PPI) showed a narrowing year-on-year decline of 2.9%, the first reduction in the decline since March, indicating improved supply-demand relationships in certain industries [3][4] - Prices in key industries such as coal processing and photovoltaic equipment manufacturing experienced a reduction in year-on-year decline, reflecting better market conditions due to the ongoing construction of a unified national market [5][6] - Emerging industries and technological innovations are positively impacting prices, with specific sectors like integrated circuit packaging and testing seeing a year-on-year price increase of 1.1% [7][8]

Group 1: Consumer Price Index (CPI) Insights - In August, the national Consumer Price Index (CPI) remained flat month-on-month and decreased by 0.4% year-on-year, with the core CPI (excluding food and energy) rising by 0.9%, marking the fourth consecutive month of growth in this metric [1][2] - The year-on-year decline in CPI was attributed to a high comparison base from the previous year and lower-than-seasonal food price increases, with the tail effect from last year's price changes contributing approximately -0.9 percentage points to the CPI [2] - The prices of industrial consumer goods, excluding energy, increased by 1.5% year-on-year, with significant contributions from gold and platinum jewelry prices rising by 36.7% and 29.8%, respectively [2] Group 2: Producer Price Index (PPI) Insights - The Producer Price Index (PPI) decreased by 2.9% year-on-year in August, but the decline was narrower by 0.7 percentage points compared to the previous month, marking the first contraction in the decline since March [4] - The month-on-month PPI change shifted from a decline of 0.2% to flat, influenced by improved supply-demand dynamics in certain energy and raw material sectors, with coal processing prices rising by 9.7% [4] - The narrowing of the PPI decline was also supported by the ongoing optimization of domestic market competition, with significant reductions in price declines for coal processing and black metal smelting industries [5] Group 3: Service Price Trends - Service prices have shown a gradual increase since March, with an August rise of 0.6%, contributing approximately 0.23 percentage points to the CPI, driven by stable price increases in domestic services such as housekeeping and hairdressing [3] - Medical and educational service prices also saw year-on-year increases of 1.6% and 1.2%, respectively, indicating a broader trend of rising service costs [3] Group 4: Emerging Industry Trends - New growth drivers in emerging industries are contributing to price increases in specific sectors, with integrated circuit packaging and testing prices rising by 1.1%, and shipbuilding prices increasing by 0.9% [5][6] - The demand for upgraded consumer goods is also driving price increases in various manufacturing sectors, such as a 13.0% rise in the prices of arts and crafts products [6]

Group 1 - The company plans to acquire a 43.05% stake in Loudi Jinhong New Materials Co., Ltd. for 48.6249 million yuan and will also increase its capital by 30 million yuan, resulting in a total investment of 78.6249 million yuan [1][2][8] - After the acquisition and capital increase, the company will hold a 55% stake in the target company, gaining control and consolidating it into its financial statements [1][2][8] - The target company's valuation is set at 113.1297 million yuan, with the acquisition price being slightly lower at 112.9539 million yuan [2][7] Group 2 - The target company, Loudi Jinhong New Materials Co., Ltd., specializes in the recycling and reuse of waste power batteries, particularly in the new energy sector [4][5] - The company aims to extend its business into the circular economy sector, aligning with national policies and market demands for battery recycling [12][13] - The acquisition is expected to enhance the company's revenue and profit margins while optimizing its business structure [12][13] Group 3 - The transaction will be financed entirely through the company's own funds, with sufficient liquidity available for the payment [13] - The target company has a stable customer base and holds qualifications that provide tax incentives, which will help reduce operational costs [12][13] - The company has set performance commitments for the target company, including annual revenue targets of no less than 250 million yuan from the acquisition date until the end of 2028 [10][11]

Core Viewpoint - The report highlights significant growth in China's waste resource recycling industry, with a notable increase in export value and a positive trend projected for the coming years [1]. Industry Summary - In July 2025, the export value of the waste resource recycling industry reached 700 million yuan, marking a year-on-year increase of 65.7% [1]. - From January to July 2025, the cumulative export value of the industry was 4.43 billion yuan, reflecting a year-on-year growth of 31.8% [1]. - The report provides a comprehensive analysis of the competitive landscape and industry trends from 2025 to 2031, indicating a robust market outlook [1]. Company Summary - Listed companies in the waste resource recycling sector include: Greenme (002340), Huicheng Environmental (300779), Shenwu Energy Saving (000820), Farsen (000890), Yingfeng Environment (000967), Chuhuan Technology (001336), Longjing Environmental (600388), Fida Environmental (600526), Yutong Heavy Industry (600817), and Jingjin Equipment (603279) [1].

Core Viewpoint - Greeenmei (SZ 002340) announced the convening of its seventh board meeting on August 27, 2025, to review the 2025 semi-annual report and summary [1] Group 1: Company Financials - For the year 2024, Greeenmei's revenue composition is as follows: 77.6% from new energy battery materials and 22.4% from waste resource comprehensive utilization [1]

Core Viewpoint - The company is focused on the application of new technologies in the field of waste resource recycling and aims to enhance its core competitiveness through continuous optimization of products and services [1] Group 1 - The company is paying close attention to the application of new technologies in waste resource recycling [1] - The company plans to optimize its products and services based on market demand and its own business realities [1] - The company aims to improve the entire value chain from "front-end recycling to mid-end sorting, decomposition, and back-end utilization" through technological upgrades such as increasing automation levels [1]