公司本次中标的委托运营餐厨垃圾处理服务项目有利于公司在轻资产服务业务方面的拓展，有助于与公 司下属石家庄项目公司形成更好的协同效应，有助于公司积累项目经验，增厚经营业绩，提升主业优 势，增强市场竞争力和行业影响力。 山高环能（000803）(000803.SZ)发布公告，近日，公司的全资子公司山高十方环保能源集团有限公司 (简称"山高十方")收到中标结果，中标邢台市餐厨垃圾粪便无害化处理项目资源化利用管理服务项目， 招标人为邢台市国润环境技术有限公司。收益分成：公司收益=(项目餐厨垃圾处置费现金收入+城市粪 污处置费现金收入+资源化产品现金收入(含粗油脂、动物蛋白、碳源等)-项目运营费用)*43.6%。 ...

Group 1 - The core viewpoint of the article highlights Guangzhou's plan to build a "waste-free city" over the next decade, focusing on the reduction, resource utilization, and harmless treatment of legacy waste [1][2] - Yongxing Co., as a subsidiary of Guangzhou Environmental Investment Group, has significantly increased its waste treatment business this year, processing over 800,000 tons of legacy waste in the first half of 2025, surpassing the total for the entire year of 2024 [1] - The increase in waste processing is primarily attributed to the excavation project at the Xingfeng landfill, which is expected to handle up to 2.37 million tons of legacy waste [1] Group 2 - Guangzhou has a substantial amount of historical legacy waste, with major landfills like Xingfeng and Huadu holding approximately 48.48 million tons and 7.8 million tons of waste, respectively [2] - The city plans to select closed landfills as pilot sites for legacy waste management and land redevelopment [2] - The construction of a "waste-free city" is expected to activate market opportunities and policy support, fulfilling the demand for the reduction, resource utilization, and harmless treatment of legacy waste [2]

Group 1 - The "Beautiful Guangzhou Construction Planning Outline (2025-2035)" aims to promote the treatment of legacy waste, focusing on "reduction, resource utilization, and harmlessness" of both legacy and stockpiled waste [1] - Guangzhou has a significant amount of historical legacy waste, with major landfills like Xingfeng and Huadu holding approximately 4,848 million tons and 780 million tons of waste respectively, along with additional landfills totaling about 1,856 million tons [1] - The city plans to select closed landfills as pilot sites for stockpiled waste management and land redevelopment [1] Group 2 - The construction of a "waste-free city" is crucial for advancing ecological civilization and aligns with the dual carbon goals, as landfills are a major source of methane emissions and occupy valuable urban land [2] - According to the 2025 semi-annual report from Yongxing Co., the company processed over 800,000 tons of stockpiled waste in the first half of the year, surpassing the total for 2024, contributing to stable growth in incineration and power generation [2] - The increase in stockpiled waste processing for Yongxing Co. is primarily from the excavation project at Xingfeng landfill, which is expected to handle up to 2,370,000 tons of stockpiled waste [2] - The comprehensive "waste-free city" initiative is expected to activate market opportunities and policy support, fulfilling the demand for waste treatment [2]

生活垃圾焚烧产生的热量用于发电或供热；通过"点对点"定向利用，让危险废物变身为"生产资料"…… 这些变废为宝、循环利用的有效环保措施是江西省吉安市永新县推动资源循环利用的生动实践。 "垃圾废弃物只是放错了地方的资源。"永新生态环境局党组书记、局长龙怡华表示，永新生态环境局紧 紧抓住"无废城市"建设机遇，不断健全体制机制，创新打造从源头到末端、从生产到消费、从预防到治 理的全过程、全生命周期管理模式，积极促进资源循环利用，探索走出一条生态优先、节约集约、绿色 低碳的高质量发展之路。 初秋时节，走进光大环保能源（永新）有限公司生产区域，环顾四周，厂区干净整洁，厂房窗明几净， 地面一尘不染。这里空气清新，没有闻到一丝异味。 在吊机控制室，透过厚厚的玻璃可以看到，几十米深的垃圾池里堆满了生活垃圾。工作人员控制抓斗， 轻松抓起数吨发酵后的垃圾投入焚烧炉。这些垃圾在焚烧炉里"浴火重生"，最终转化为电能，通过电网 输送到千家万户。 "公司年处理生活垃圾21.9万吨，年发电量8721.38万千瓦时。"光大环保副总经理彭伟说，"我们不仅消 纳了生活垃圾增量，还将填埋场历年的陈腐生活垃圾挖出来焚烧，现在最担心的还是生活垃圾够不 ...

Group 1 - The core viewpoint of the news is that Green Power has experienced a decline in stock price, with a cumulative drop of 5.18% over three consecutive days, currently trading at 6.77 CNY per share [1] - Green Power Environmental Group Co., Ltd. is based in Shenzhen, Guangdong, and specializes in the investment, construction, operation, maintenance, and technical consulting of waste incineration power plants [1] - The company's main revenue sources are: electricity and steam supply revenue at 68.50%, waste treatment revenue at 15.63%, interest income at 11.53%, and other income at 2.82% [1] Group 2 - Among the top ten circulating shareholders of Green Power, a fund under Southern Fund, Southern Industry Select Stock A (003956), has recently entered the list, holding 6.48 million shares, which is 0.47% of the circulating shares [2] - The fund has incurred a floating loss of approximately 453,600 CNY today, with a total floating loss of 2.3977 million CNY during the three-day decline [2] - Southern Industry Select Stock A was established on January 25, 2017, with a current scale of 1.881 billion CNY and has achieved a year-to-date return of 10.15% [2]

Group 1: Performance Highlights - The company has maintained stable growth in operating performance for several consecutive years, with significant improvements following the acquisition of Hunan Renhe Environmental Technology Co., Ltd. [2] - The new waste transfer and kitchen waste disposal business, along with the commissioning of the Liuyang and Pingjiang waste incineration power generation projects, has led to an increase in revenue scale and profitability [2][3] - In the first half of 2025, the company achieved an online electricity generation of 476 kWh per ton of waste, with operational indicators such as plant electricity rate and average incinerator operating hours leading the industry [2] Group 2: Future Strategies - The management plans to continue exploring cost reduction and efficiency enhancement potential, increase market expansion efforts, and accelerate the collection of accounts receivable [3] - The company aims to create even better performance to provide greater returns to investors [2][3] Group 3: Stock Valuation and Investor Confidence - The company's stock price is influenced by macroeconomic conditions, market sentiment, and industry characteristics, with a focus on maintaining strong performance as a foundation for investor confidence [3] - The controlling shareholder and board members have increased their holdings in the company, totaling approximately 61.58 million yuan, reflecting confidence in the company's future sustainable development [3]

Summary of Key Points Core Viewpoint - The company has signed a supplementary agreement regarding the transfer of equity in its subsidiary, aiming to optimize asset structure and ensure stable operations during the transition of control over Zhengzhou Lvyuan Catering Waste Treatment Co., Ltd [2][3]. Group 1: Overview of the Equity Transfer - The company’s wholly-owned subsidiary, Zhengzhou Yutong Environmental Technology Co., Ltd, will transfer 51% of its equity in Zhengzhou Lvyuan for a price of 69.9264 million yuan to Shandong Shifang Environmental Energy Group Co., Ltd [2]. - The transfer is subject to approval from the Zhengzhou Urban Management Bureau, and the agreement will take effect upon this approval [2][3]. Group 2: Supplementary Agreement Details - The supplementary agreement stipulates that if there are adjustments to the service fee standards for catering waste treatment from 2025 to 2027, the equity transfer price will be adjusted accordingly [4][8]. - The adjustment formula is based on the impact of the fee changes on the company's taxable income, with a coefficient of 0.36 applied to the changes in revenue [5][8]. - The maximum adjustment amount for the equity transfer price is capped at 7.5 million yuan [8]. Group 3: Impact on the Company - The signing of the supplementary agreement is expected to facilitate a smooth transition in control and support the development of Zhengzhou Lvyuan, ensuring stable operations [9]. - The agreement does not significantly impact the company's normal production and operational activities, nor does it harm the interests of the company and its shareholders [9].

Group 1 - The company hosted a research event with 19 institutions and individual investors, showcasing the operations of its waste-to-energy plant and discussing its business strategy and financial performance for the first half of 2025 [1] - The company has received multiple national subsidies, contributing positively to its third-quarter profits, with the Ministry of Finance allocating a budget of 46.183 billion yuan for renewable energy subsidies, including 3.942 billion yuan for biomass power generation [1] Group 2 - The company is actively expanding its steam supply and heating business, with contracts signed for new projects at prices starting from 205 yuan per ton, and has supplied 56,200 tons of steam and 508,600 GJ of heat in the first half of 2025 [2] - The company anticipates significant profit growth from its waste-to-energy projects through various initiatives, including technological upgrades, improved receivables collection, and green electricity trading [2] Group 3 - The company is constructing a taurine production project with an annual capacity of 40,000 tons, expected to rank among the top three in China upon completion, with stable raw material supply secured through a partnership with a local petrochemical company [2] - The company has established a marketing department for taurine derivatives, launching various "taurine+" products and utilizing both online and offline marketing strategies to promote them [3] Group 4 - The company is developing a hotel project in Xiamen, which has reached the structural completion stage and is on track for completion and trial operation by the end of 2026, with plans for professional management by a subsidiary of Marriott International [3]

证券日报网讯中科环保9月18日发布公告，在公司回答调研者提问时表示，垃圾焚烧项目汽轮机组主要 分为纯凝、抽凝和背压机组，三种类型机组均可供热。背压机组效率最高，但是机组电负荷受制于热负 荷变化，电负荷与热负荷同比变化；抽凝机组供电供热调整灵活，效率较高；纯凝机组只能少量供热， 大量供热时只能靠减温减压，发电效率高但是供热效率低。公司石家庄项目是纯凝机组，为进一步提升 热能利用效率，正在进行汽轮机组改造，目前处于招标阶段。 （文章来源：证券日报） ...

Group 1 - The company, Market Mountain High Environmental Group Co., Ltd., held its 23rd meeting of the 11th Board of Directors on September 18, 2025, with all 7 attending directors present [1] - The meeting was convened following a notification sent via email on September 13, 2025, and was conducted through communication on September 17, 2025 [1] - The board unanimously approved a proposal regarding the acquisition of Zhengzhou Luyuan Kitchen Waste Treatment Co., Ltd., with a voting result of 7 votes in favor, 0 against, and 0 abstentions [1]