截至8月20日，大地海洋股东户数3360.00，较上期减少5.62%；人均流通股29993股，较上期增加 5.95%。2025年1月-6月，大地海洋实现营业收入4.14亿元，同比减少3.83%；归母净利润-5827.97万元， 同比减少270.81%。 分红方面，大地海洋A股上市后累计派现8004.24万元。近三年，累计派现6996.24万元。 机构持仓方面，截止2025年6月30日，大地海洋十大流通股东中，易方达科瑞混合（003293）位居第六 大流通股东，持股353.43万股，相比上期增加81.56万股。易方达逆向投资混合A（011649）退出十大流 通股东之列。 8月25日，大地海洋涨7.14%，成交额1.50亿元。两融数据显示，当日大地海洋获融资买入额768.44万 元，融资偿还1002.62万元，融资净买入-234.19万元。截至8月25日，大地海洋融资融券余额合计 4550.30万元。 融资方面，大地海洋当日融资买入768.44万元。当前融资余额4550.30万元，占流通市值的0.98%，融资 余额超过近一年60%分位水平，处于较高位。 融券方面，大地海洋8月25日融券偿还0.00股，融券卖出0. ...

公司主营业务为危险废物的资源化利用、无害化处置和电子废物的拆解处理。2025年上半年实现营业收 入4.14亿元，同比下降3.83%，归母净利润亏损5827.97万元。经营活动现金流净额为-1801.88万元，较 上年同期有所改善。 公司近期完成对虎哥的股权收购，该子公司已于8月15日完成工商变更登记，将在三季度纳入合并报 表。截至8月20日，公司股东总数为3360户。十大流通股东中，社保基金划转三零零八组合为新进股 东，取代了此前的易方达逆向投资基金。 风险提示：投资有风险，入市需谨慎。 大地海洋股价报30.80元，较前一交易日下跌0.80元。开盘价为31.60元，最高触及31.60元，最低下探至 30.71元，成交量为24267手，成交金额达0.75亿元。 ...

Company Performance - Conglin Technology (688370.SH) reported a revenue of 256 million yuan for the first half of 2025, representing a year-on-year decrease of 11.08% [1] - The net profit attributable to shareholders was 5.6835 million yuan, down 89.23% year-on-year [1] - Basic earnings per share were 0.04 yuan [1] Industry Trends - China's manufacturing industry is transitioning from high-speed growth to high-quality development, leading to a slowdown in the overall growth rate of hazardous waste generation [1] - Some regions are experiencing a decline in hazardous waste production, indicating a shift in industry dynamics [1] - The industry still faces structural issues from previous expansions, including imbalances in regional disposal capacity and inefficient utilization of production capacity, resulting in ongoing market supply and demand challenges [1] - Disposal prices continue to decline, reflecting the tough market conditions [1]

Group 1 - The company, Beijing Enterprises Urban Resources (03718), expects a significant decrease of approximately 70% to 75% in profit attributable to shareholders for the first half of 2025 compared to the same period in 2024, primarily due to an asset impairment loss provision of approximately RMB 162 million [1] - The company’s subsidiary, Xianju Pingfu Environmental Technology Co., Ltd., which focuses on hazardous waste treatment, has suspended operations due to an unexpected leakage incident discovered in early 2024, despite having completed facility construction and trial operations in late 2022 [1] - The company has strategically decided to cease operations of the Xianju project to focus on other sustainable growth opportunities, citing competitive pressure and a significant decline in local disposal prices since the project's inception [1] Group 2 - The asset impairment provision for the first half of 2025 is approximately RMB 162 million, which includes a property and plant impairment loss provision of about RMB 95.44 million, equipment impairment loss provision of approximately RMB 65.79 million, and other intangible asset impairment loss provision of about RMB 294,000 [2] - This asset impairment is expected to reduce the profit attributable to shareholders by approximately RMB 162 million for the first half of 2025; however, it will be a one-time non-cash expense and is not anticipated to impact the group's cash flow [2]

Group 1 - The company, Beikong Urban Resources, expects a significant decrease of approximately 70% to 75% in profit attributable to shareholders for the first half of 2025 compared to the same period in 2024, primarily due to an asset impairment loss provision of about RMB 162 million [1] - The company’s subsidiary, Xianju Pingfu Environmental Technology Co., Ltd., which focuses on hazardous waste treatment, has suspended operations due to an unexpected leakage incident discovered in early 2024, despite having completed facility construction and trial operations in late 2022 [1] - The company has decided to strategically cease operations of the Xianju project to focus on other sustainable growth opportunities, citing competitive pressure and a significant decline in local disposal prices since the project's inception [1] Group 2 - The asset impairment provision for the first half of 2025 is approximately RMB 162 million, which includes property and plant impairment losses of about RMB 95.4 million, equipment impairment losses of approximately RMB 65.8 million, and other intangible asset impairment losses of about RMB 294,000 [2] - This asset impairment is expected to reduce the company's profit attributable to shareholders by approximately RMB 162 million for the first half of 2025; however, it will be a one-time non-cash expense and is not expected to impact the group's cash flow [2]

格隆汇8月15日丨北控城市资源(03718.HK)公告，预期2025年上半年度的股东应占溢利将较2024年同期 减少约70%至75%，主要由于一项约人民币1.6亿元的资产减值亏损拨备将于2025年上半年度确认。 目前已实施临时应急措施防止进一步泄漏。根据第三方专家开展的环境评估，现已制定整改提升方案。 不过，预计需要额外成本和时间才能恢复仙居项目的生产。考虑到仙居项目当前状况，以及受其他市场 参与者竞争压力的影响，导致当地处置产能供过于求，销售价格较仙居项目投产时已明显下降并预计回 升的可能性较低，公司策略性地决定停止仙居项目营运以专注于其他可持续增长机会，并认为仙居项目 相关资产需要减值拨备。因此，已就2025年上半年度的资产减值作出拨备。 仙居平福环境科技有限公司("仙居项目")为公司间接全资附属公司，于2018年成立，主要从事危险废物 处理服务。仙居项目专注于固体危险废物的焚化处理，2022年完成厂房设施及设备建设，并于2022年第 四季度开始试运行。然而，于2024年初，厂房设施周围环境发现意外泄漏事故，导致立即暂停运营。到 目前为止，生产已暂停。 ...

Group 1 - Gansu Province's Jinchang City has expanded its investment attraction channels and optimized service teams to attract major projects, injecting continuous momentum into economic development [1] - As of the end of May, Jinchang City has implemented 129 investment projects with a total investment of 15.329 billion yuan, an increase of 4.548 billion yuan year-on-year, representing a growth rate of 42.19% [1] - The city has established a responsibility system for investment attraction, ensuring that every individual has specific targets and responsibilities [1] Group 2 - Jinchang City has collaborated with Jinchuan Group on 37 industrial chain investment projects and conducted over 10 joint investment activities, leading to the implementation of projects such as the 1 million tons hazardous waste comprehensive disposal project [2] - The city has engaged with 163 target enterprises and followed up on 64 projects, signing a cooperation agreement with a company for a solid-state battery manufacturing demonstration base project [2] - Jinchang City has signed 13 projects in fields such as new energy and digital economy, with a total signing amount of 5.6 billion yuan through various promotional events [2] Group 3 - The city strictly implements an evaluation mechanism for investment projects, assessing 14 planned projects based on industry access, land use, and environmental requirements to ensure project quality [3] - Jinchang City has strengthened the "package management" of key investment projects through 21 specialized investment teams, addressing obstacles in the project attraction and implementation process [3] - The city promotes a service model that includes clear notifications, one-stop handling, and full-cycle tracking for enterprises, assisting 113 companies with various administrative procedures [3]

Core Viewpoint - The announcement discusses the potential dilution of immediate returns due to the issuance of A-shares to specific investors in 2024, along with measures to mitigate this impact on the company's financial performance [1][4][12]. Financial Impact Analysis - The company anticipates that the issuance will increase the total share capital to 254,242,922 shares, affecting key financial metrics such as earnings per share (EPS) [1][4]. - Under various scenarios, the projected net profit for 2025 is estimated at 42.60 million yuan, with a potential 10% decline from 2024, leading to a diluted EPS of 0.17 yuan [2][3]. Necessity and Rationality of the Issuance - The funds raised will be used to optimize the business structure, enhance industry position, and improve core competitiveness and profitability, aligning with national industrial policies and market trends [4][5]. - The projects funded by this issuance are expected to significantly contribute to the company's growth and sustainability [6][7]. Company’s Business and Technological Capabilities - The company specializes in hazardous waste treatment for the petrochemical industry, with proprietary technologies for resource recovery from waste catalysts and high-sulfur petroleum coke [6][9]. - The company has developed a strong market presence and technical capabilities, particularly in the Dannan Sea Industrial Park, which generates substantial waste [6][11]. Commitment to Protecting Investor Interests - The company has outlined specific measures to manage the raised funds effectively, ensuring compliance with legal requirements and enhancing operational efficiency [12][13]. - Commitments from major stakeholders, including the controlling shareholder and management, have been made to uphold the measures aimed at mitigating the dilution of immediate returns [14].

Core Points - The Guangdong Provincial Government has released a comprehensive plan for the construction of "waste-free cities," aiming for full implementation across all prefecture-level cities by 2025 and achieving a complete "waste-free city" status by 2035 [1] Group 1: Goals and Timeline - By 2025, all prefecture-level cities in Guangdong will fully implement "waste-free city" construction [1] - By 2027, the proportion of hazardous waste landfill disposal will decrease, solid waste generation intensity will significantly decline, and resource utilization rates will improve [1] - The ultimate goal is to establish a "waste-free city" across the province by 2035 [1] Group 2: Policy and Technological Framework - The plan emphasizes the need for a robust policy and regulatory framework, alongside technological innovation to support waste management [2] - It proposes the establishment of an ecological compensation mechanism for the cross-regional transfer and disposal of solid waste [2] - The plan includes the development of core technologies for solid waste recycling and encourages participation in carbon reduction projects [2] Group 3: Resource Recycling and Management - A comprehensive recycling system will be established, including collection points, transfer stations, and sorting centers, creating an ecological loop involving residents, individual recyclers, and recycling enterprises [2] - Each county or district is required to establish at least one recycling sorting center [2] - The plan aims to develop a resource recycling industry, focusing on modern "urban mining" bases and circular economy industrial parks [2] Group 4: Hazardous Waste Management - The plan outlines a coordinated approach to hazardous waste disposal, emphasizing the need for centralized disposal capabilities [3] - It encourages the provision of one-stop environmental management services for small and micro enterprises [3] - The plan aims to enhance the information management of hazardous waste through standardized processes and smart technologies [3] Group 5: Sector-Specific Initiatives - In the industrial sector, the plan promotes the recycling of industrial solid waste and emphasizes the management of battery manufacturing and recycling [4] - It also addresses the management of construction waste, advocating for source reduction and the use of recycled materials in construction projects [5] - In agriculture, the plan promotes eco-friendly farming practices and the recycling of agricultural solid waste [5] Group 6: Collaborative Efforts - The plan encourages collaboration within the Guangdong-Hong Kong-Macao Greater Bay Area to establish unified solid waste management standards [7] - It aims to explore mechanisms for regional waste collaborative utilization and the construction of regional recycling projects [7]