香港交易及結算所有限公司與香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不作任何陳述，並明確聲明概不承擔因本公告全部或任何部分內容而產生或因 倚賴該等內容所引致之任何損失之任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：1372） 自願公告 業務發展最新情況 本公告乃由中國碳中和發展集團有限公司（「本公司」，連同其附屬公司統稱「本集團」） 作出之自願性公告，以知會本公司股東及有意投資者關於本集團業務之最新消息。 一、再生資源業務 本集團與中國鐵塔、中國再生資源、億緯鋰能等頭部企業合作，共同推動鋰電循環經濟 生態圈建設，落實國家「雙碳」戰略目標。結合線上平台「尋鋰網」與區塊鏈溯源技術，共 建規範化、高效率的鋰電池回收體系。目前「尋鋰網」正加速構建以「9 個綜合處理基地、 80 個中心倉、5,000 個回收網點」為骨架的全國性線上線下一體化回收網絡，已覆蓋湖北、 湖南、河南、江西、廣東、浙江等多個重點區域。預測年廢電池及黑粉回收量可達 5 萬噸； 與多家電芯廠商合作，每月交易量可達 80 萬支；废旧锂电池綜合利用月資金規模已超過 3,000 萬元人民幣，預計年資金規模達 5 億元人 ...

英科再生(688087.SH)披露2025年度业绩快报，公司营收规模首次突破35亿元，实现营业收入35.4亿元， 较上年同期增长21.08%;第四季度单季度营收规模再创新高，实现营业收入9.57亿元，较上年同期增长 38.23%。实现归属于母公司所有者的净利润3.01亿元，较上年同期减少2.10%;剔除股份支付后归属于母 公司所有者的净利润为3.14亿元，较上年同期增长3.41%。 报告期内，越南清化二期项目顺利投产达产，产能高效释放;越南清化三期项目按计划有序推进，为后 续海外业务持续拓展提供重要产能支撑。 ...

在稳固传统优势业务的同时，英科再生持续深化产业结构调整。该公司进一步完善了以"成品框、装饰 建材、再生塑料、环保设备"为核心的四大业务矩阵。其中，装饰建材业务被寄予厚望，正加速成长为 公司的"第二增长曲线"。通过产品结构的优化升级，四大主业形成了协同并进、稳步发展的良好态势， 有效拓宽了该公司的市场发展空间。 本报讯(记者王僖)2月27日晚，英科再生资源股份有限公司(以下简称"英科再生")披露2025年度业绩快 报。在全球复杂经济环境下，该公司凭借稳健的经营策略与全球化产能的持续释放，交出了一份颇具韧 性的成绩单：2025年全年营业收入首次突破35亿元大关，达35.4亿元，同比增长21.08%。其中，第四季 度表现尤为亮眼，单季营收达9.57亿元，同比大幅增长38.23%，展现出强劲的增长动能。 公告显示，2025年成为英科再生全球化战略的收获之年。该公司重点推进的越南清化生产基地建设取得 关键进展：二期项目已顺利投产达产，实现了产能的高效释放；三期项目亦按计划有序推进。这一布局 不仅优化了公司的全球供应链体系，更显著增强了其在海外市场的交付保障能力与经营韧性，为应对单 一市场波动、提升全球竞争力构筑了坚实基 ...

格隆汇2月27日丨英科再生(688087.SH)公布，根据《企业会计准则》《上海证券交易所科创板股票上市 规则》以及英科再生资源股份有限公司会计政策等相关规定的要求，为真实、公允地反映公司的财务状 况、资产价值及经营成果，基于谨慎性原则，公司对截至2025年12月31日合并报表范围内相关资产价值 出现的减值迹象进行了评估和分析，对部分可能发生信用、资产减值的资产计提了减值准备。公司2025 年度需计提各类资产减值准备共4913.40万元(包含信用减值损失转回)。 ...

Fundraising Overview - The company was approved to publicly issue 33,258,134 shares at a price of 21.96 RMB per share, raising approximately 730.35 million RMB, with a net amount of about 656.86 million RMB after deducting issuance costs [2] Change in Fund Usage - The company decided to change the use of part of the raised funds from a "100,000 tons/year multi-category plastic bottle high-quality recycling project" to a "5 million m² new decorative building materials project," reallocating 142.64 million RMB, which is 21.72% of the net amount raised [3][4] New Fund Management Agreements - The company established new special accounts for the raised funds and signed tripartite supervision agreements with its underwriter and banks to ensure compliance with regulations and protect investor interests [4][5][13] Special Account Details - As of February 9, 2026, the special account for the new project had a balance of approximately 22.64 million RMB, and the funds are strictly designated for the specified projects [5][13] Monitoring and Compliance - The underwriter is responsible for supervising the use of the raised funds, with provisions for regular audits and reporting to ensure adherence to the agreements [6][12][16] Reporting Obligations - The bank is required to provide monthly account statements to the company and the underwriter, ensuring transparency in fund management [11][16]

近日，苏家屯区多部门联合"组团上门"，主动为比优特超市这一重点民生项目破解推进难题，现场解决 审批、政策、环境等跨部门问题，变"营商"为"赢商"，助力项目早日开业。 年初以来，苏家屯区牢固树立"项目为王"理念，聚焦项目全生命周期服务，以优化前期手续办理为关键 抓手，创新机制、靠前服务，全力推动项目早落地、早开工、早见效。 （来源：沈阳日报） 坚持"要素跟着项目走、服务围着项目转"，推动工作力量下沉，变"坐等审批"为"上门服务"。通过组建 多部门联合的"项目服务团"，主动深入项目一线，解读上级"两新"政策，研判项目可能适用的扶持方 向，主动服务企业。其中，比优特超市、中科再生资源、城市学院等重点项目在备案、规划、环评等环 节遇到的复杂技术问题，该区发改局、营商局、商务局、自然资源局、生态环境局、城建局等部门及属 地街道联合组成"项目服务团"，多次深入项目现场，召开专题协调会。围绕手续办理、要素保障、排污 标准等与企业方进行面对面沟通、点对点指导。以"一站式""保姆式"的服务帮企业明晰路径，扫清障 碍。"政府主动上门，把政策送过来，把问题解决在现场，给我们吃下了'定心丸'。"项目负责人由衷感 慨。 转自：沈阳日报 ...

央视网消息（焦点访谈）：现在，越来越多的人愿意为绿色消费花钱了，比如购买使用节能环保的家电，在网上淘点二手好物，去饭店的时候点小份菜…… 绿色消费，正当其时。"十五五"规划建议提出，"健全绿色消费激励机制，推广绿色低碳生活方式"。近日，商务部等9部门联合出台《关于实施绿色消费推 进行动的通知》（以下简称《通知》），涉及大众吃、穿、住、行、用、游等各领域，包含消费与生产、流通、回收、再利用各环节。那么，绿色消 费"绿"在哪，又该如何扩大绿色消费？ 购买绿色家电、选择绿色出行、践行"光盘行动"，当前，"绿色"已经成为消费领域的高频词。近日，商务部等9部门联合发布《关于实施绿色消费推进行动 的通知》，围绕扩大绿色消费提出7方面20条具体举措，涵盖家电家装、汽车、餐饮住宿等多个领域，涉及产品供给、消费模式、循环回收等环节。 国家发展改革委经济研究所副所长、研究员郭丽岩："当前背景下，加快经济社会全面绿色转型，尤其在提振消费的过程当中，着力提振绿色消费尤为关 键，它能够加速畅通供需循环，能够通过绿色消费带动产业的绿色转型升级。对于改善民生、提振消费、优化经济结构方面的有效助力十分必要和紧迫。" 《通知》还对绿色循环回收 ...

Group 1 - The company approved a share repurchase plan using its own funds and a special loan for share buyback, with a maximum price of RMB 41.44 per share and a total repurchase amount between RMB 40 million and RMB 80 million, within a period of up to 12 months [1] Group 2 - After the 2024 annual equity distribution, the maximum repurchase price was adjusted to RMB 41.38 per share [2] - Following the 2025 semi-annual equity distribution, the maximum repurchase price was further adjusted to RMB 41.28 per share [2] Group 3 - As of January 31, 2026, the company repurchased 1,424,200 shares, accounting for 0.73% of the total share capital, with a total expenditure of RMB 40,000,176.40, at a maximum price of RMB 30.39 per share and a minimum price of RMB 25.43 per share [3] Group 4 - The share repurchase is in compliance with legal regulations and the company's repurchase plan [4] Group 5 - The company will make repurchase decisions based on market conditions and will fulfill its information disclosure obligations regarding the progress of the share repurchase [5]

Investment Rating - The report rates the environmental operation industry as stable, with specific segments rated as follows: waste incineration power generation - stable, hazardous waste disposal - negative, and recycling of renewable resources - stable [5] Core Insights - The environmental industry is undergoing a structural transformation driven by both policy and market forces, with waste incineration power generation transitioning towards a market-driven model despite challenges such as regional supply-demand imbalances and reliance on policy for profitability [4][21] - The hazardous waste disposal sector is experiencing profound changes, with persistent overcapacity and intense price competition, leading to pressure on profits and a need for technological breakthroughs and increased industry concentration [22][23] - The recycling of renewable resources is expanding in scale while facing internal challenges, with a focus on technological advancements and efficiency improvements expected to accelerate transformation by 2026 [4][21] Summary by Sections Industry Fundamentals - The waste incineration power generation sector is shifting towards a market-driven model, characterized by trends such as network collaboration, market-oriented operations, intelligent upgrades, and international competition [9][20] - The hazardous waste disposal industry is marked by structural overcapacity and low-price competition, with a need for rational behavior among market participants and a focus on resource recovery and digital regulation [22][23] - The recycling industry is experiencing both expansion and structural upgrades, with leading companies expected to gain advantages through core technologies and specialization in emerging sectors [4][21] Financial Performance - Waste incineration companies are benefiting from market-oriented operations and international orders, leading to improved cash flow and reduced leverage [7] - Hazardous waste disposal companies are facing increased operational pressures, with many reporting significant losses and negative cash flow [7] - The financial performance of recycling companies varies widely, with overall profitability remaining moderate and leverage levels slightly increasing [7] Conclusion - The waste incineration sector is expected to achieve a balance between supply and demand through regional collaboration and raw material optimization, with a shift towards diversified revenue models and enhanced technological integration [20][21] - The hazardous waste sector is anticipated to continue facing challenges related to overcapacity and competition, necessitating a focus on high-value resource recovery and digital regulation [22][23] - The recycling industry is projected to undergo significant transformation driven by technological advancements and efficiency improvements, with leading firms positioned to capitalize on these trends [4][21]

Group 1 - The core viewpoint of the news is that Yingke Recycling has experienced a decline in stock price and trading volume, with significant financing and margin trading activities indicating investor sentiment and market positioning [1][2]. - On January 29, Yingke Recycling's stock fell by 5.05%, with a trading volume of 84.19 million yuan. The financing buy-in amount was 9.89 million yuan, while the financing repayment was 9.64 million yuan, resulting in a net financing buy of 0.25 million yuan [1]. - As of January 29, the total balance of margin trading for Yingke Recycling was 1.09 billion yuan, which is 1.84% of its circulating market value, indicating a low financing balance compared to the past year [1]. Group 2 - As of September 30, Yingke Recycling had 7,443 shareholders, a decrease of 3.27% from the previous period, while the average circulating shares per person increased by 3.39% to 25,022 shares [2]. - For the period from January to September 2025, Yingke Recycling achieved an operating income of 2.583 billion yuan, representing a year-on-year growth of 15.76%, and a net profit attributable to shareholders of 226 million yuan, up 16.29% year-on-year [2]. - Yingke Recycling has distributed a total of 120 million yuan in dividends since its A-share listing, with 93.13 million yuan distributed over the past three years [3].