Group 1 - The core viewpoint of the news is that Liyuan Technology experienced a decline in stock price and significant trading activity on November 21, with a net financing purchase indicating investor interest despite the drop [1] - On November 21, Liyuan Technology's stock fell by 5.97%, with a trading volume of 42.45 million yuan. The financing buy amount was 2.93 million yuan, while the financing repayment was 1.59 million yuan, resulting in a net financing purchase of 1.34 million yuan [1] - As of November 21, the total financing and securities lending balance for Liyuan Technology was 44.69 million yuan, which represents 3.05% of its market capitalization and is above the 80th percentile of the past year [1] Group 2 - Liyuan Technology, established on May 18, 1999, and listed on May 13, 2021, specializes in environmental water treatment systems and hydrogen fuel cell engine systems. The main revenue sources are condensate water treatment systems (78.72%) and desalination systems (18.06%) [2] - For the period from January to September 2025, Liyuan Technology reported a revenue of 222 million yuan, reflecting a year-on-year growth of 25.87%, and a net profit attributable to shareholders of 4.75 million yuan, which is an increase of 118.88% year-on-year [2] - As of September 30, 2025, Liyuan Technology had 4,737 shareholders, a decrease of 3.13% from the previous period, with an average of 31,608 circulating shares per person, an increase of 3.23% [2] Group 3 - Since its A-share listing, Liyuan Technology has distributed a total of 22.55 million yuan in dividends, with no dividends paid in the last three years [3] - As of September 30, 2025, among the top ten circulating shareholders of Liyuan Technology, the Noan Multi-Strategy Mixed A fund is the seventh largest shareholder, holding 1.5338 million shares as a new investor [3]

天眼查App显示，近日，东莞市蓝泰环保设备企业（普通合伙）成立，法定代表人为陆一元，注册资本 10万人民币，经营范围为一般项目：环境保护专用设备制造；环境保护专用设备销售；通用设备制造 （不含特种设备制造）；环保咨询服务；普通机械设备安装服务；新材料技术研发；新材料技术推广服 务；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；机械设备销售；机械设备研 发；电子元器件制造；气体、液体分离及纯净设备制造；气体、液体分离及纯净设备销售。（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - Shandong Edison High-tech Industry Co., Ltd. has been established with a registered capital of 3 million RMB, focusing on various technology and equipment services related to environmental protection and semiconductor devices [1] Company Overview - The company is legally represented by Hou Yunteng and has a registered capital of 3 million RMB [1] - The business scope includes general projects such as information system integration services, sales of semiconductor device specialized equipment, and mechanical equipment sales [1] Business Activities - The company engages in a wide range of activities including: - Information technology consulting services - Environmental protection consulting services - Manufacturing and sales of environmental protection specialized equipment [1] - Additional activities include: - Sales and manufacturing of gas and liquid separation and purification equipment - Agricultural machinery manufacturing and installation [1] Regulatory Compliance - The company is authorized to operate under specific licensed projects, including: - Third-class medical device operations - Sewage treatment and its recycling [1] - Operations are subject to approval from relevant authorities, and specific business activities will be conducted based on the permits obtained [1]

Core Points - The company, Yingfeng Environment Technology Group Co., Ltd., announced that its controlling shareholder, Yingfeng Group Co., Ltd., plans to issue exchangeable bonds using part of its A-share stock as the underlying asset [1] - The Shenzhen Stock Exchange has issued a "No Objection Letter" confirming that the non-public issuance of exchangeable bonds by Yingfeng Group meets the listing conditions, which is valid for 12 months from the date of issuance [1]

福龙马公告称，2025年11月19日至20日，控股股东、实际控制人、董事长张桂丰累计减持公司股票 378.12万股，占总股本0.91%，权益变动触及1%整数倍。本次减持后，张桂丰持股比例由18.48%降至 17.57%，其与一致行动人合计持股比例由18.59%降至17.68%。2025年10月28日，张桂丰曾披露拟减持 不超623.14万股（不超总股本1.50%）的计划，目前该计划尚未实施完毕。本次权益变动不触及要约收 购，不会导致控股股东、实际控制人变化，也不违反相关规定。 ...

Core Viewpoint - Yingfeng Environment (000967.SZ) announced that its controlling shareholder, Yingfeng Group, plans to issue non-publicly offered exchangeable bonds backed by a portion of its A-share stock holdings, with a fundraising target of up to RMB 1 billion [1] Group 1 - Yingfeng Group has received a "No Objection Letter" from the Shenzhen Stock Exchange regarding the issuance of the exchangeable bonds, which is valid for 12 months from the date of issuance [1] - The proposed fundraising scale for the non-public issuance of exchangeable bonds is not to exceed RMB 1 billion, including the 1 billion [1]

证券之星消息，11月20日环保设备板块较上一交易日下跌0.6%，*ST清研领跌。当日上证指数报收于 3931.05，下跌0.4%。深证成指报收于12980.82，下跌0.76%。环保设备板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300631 久吾高科 | | 5755.99万 | 8.09% | -1687.96万 | -2.37% | -4068.03万 | -5.72% | | 688501 青达环保 | | 1759.28万 | 19.89% | 235.01万 | 2.66% | -1994.29万 | -22.54% | | 300105 龙源技术 | | 291.67万 | 3.72% | -399.40万 | -5.09% | 107.73万 | 1.37% | | 300800 力合科技 | | 110.13万 | 3.67% | -276.11万 | -9.20% | ...

华安添瑞6个月混合A（009400）基金经理为周益鸣、陆奔。 截至发稿，周益鸣累计任职时间7年168天，现任基金资产总规模61.03亿元，任职期间最佳基金回报 46.03%， 任职期间最差基金回报-3.78%。 陆奔累计任职时间7年59天，现任基金资产总规模43.36亿元，任职期间最佳基金回报138.1%， 任职期 间最差基金回报3.83%。 11月20日，艾可蓝涨5.08%，截至发稿，报46.74元/股，成交9248.89万元，换手率3.57%，总市值37.39 亿元。 资料显示，安徽艾可蓝环保股份有限公司位于安徽省池州市高新区玉镜路12号，成立日期2009年1月21 日，上市日期2020年2月10日，公司主营业务涉及发动机尾气后处理产品及与大气环保相关产品的研 发、生产和销售。主营业务收入构成为：尾气净化产品93.01%，其他6.99%。 从基金十大重仓股角度 数据显示，华安基金旗下1只基金重仓艾可蓝。华安添瑞6个月混合A（009400）三季度持有股数5.3万 股，占基金净值比例为0.91%，位居第八大重仓股。根据测算，今日浮盈赚取约11.98万元。 华安添瑞6个月混合A（009400）成立日期2020年 ...

Core Viewpoint - Kailong High-Tech announced the sale of repurchased shares for the first time through centralized bidding on November 18, 2025, involving 193,000 shares, which represents 0.17% of the company's total share capital [1] Summary by Category - **Company Actions** - The company sold 193,000 repurchased shares [1] - This sale marks the first instance of selling repurchased shares through centralized bidding [1] - **Shareholder Impact** - The shares sold account for 0.17% of the total share capital of the company [1]

Market Overview - The environmental equipment sector experienced a decline of 0.93% on November 19, with Yaguang Co. leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, down 0.0% [1] Stock Performance - Notable gainers in the environmental equipment sector included: - *ST Qingyan: closed at 18.30, up 6.33% with a trading volume of 24,200 shares [1] - Qinda Environmental: closed at 28.82, up 6.11% with a trading volume of 38,700 shares [1] - Jiuwu High-Tech: closed at 31.73, up 4.79% with a trading volume of 113,500 shares [1] - Major decliners included: - Yaguang Co.: closed at 20.18, down 4.63% with a trading volume of 49,000 shares [2] - Bixing Wulian: closed at 23.24, down 4.32% with a trading volume of 8,642 shares [2] - Farsen: closed at 4.61, down 3.96% with a trading volume of 157,300 shares [2] Capital Flow - The environmental equipment sector saw a net outflow of 138 million yuan from institutional investors, while retail investors experienced a net inflow of 96.75 million yuan [2] - Key stocks with significant capital flow included: - Guolin Technology: net inflow of 24.95 million yuan from institutional investors [3] - Jiuwu High-Tech: net inflow of 15.65 million yuan from institutional investors [3] - Qinda Environmental: net inflow of 450,890 yuan from institutional investors [3]