Core Viewpoint - Oriental Garden's stock has shown a significant increase of 43.09% year-to-date, despite a recent decline of 1.82% over the last five trading days [1] Group 1: Stock Performance - As of October 21, Oriental Garden's stock price rose by 2.28% to 2.69 CNY per share, with a trading volume of 1.08 billion CNY and a turnover rate of 0.97%, resulting in a total market capitalization of 16.138 billion CNY [1] - The stock has experienced a 1.82% decline over the last five trading days, a 0.75% increase over the last 20 days, and a 25.70% increase over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent occurrence on March 24 [1] Group 2: Financial Performance - For the first half of 2025, Oriental Garden reported a revenue of 69.2183 million CNY, a year-on-year decrease of 88.10%, while the net profit attributable to shareholders was -1.4351 million CNY, reflecting a year-on-year increase of 99.87% [2] - The company has cumulatively distributed 813 million CNY in dividends since its A-share listing, with no dividends distributed in the last three years [3] Group 3: Business Overview - Oriental Garden, established on July 2, 1992, and listed on November 27, 2009, is based in Beijing and specializes in water environment comprehensive governance projects, design, seedling planting and sales, as well as solid waste and hazardous waste disposal [1] - The company's main business revenue composition includes 72.69% from photovoltaic power generation and 27.31% from solid waste disposal [1] - The company is classified under the construction decoration industry, focusing on basic infrastructure and landscaping engineering, and is involved in concepts such as soil remediation, new urbanization, PPP, automotive dismantling, and Xiong'an New Area [1]

（编辑 袁冠琳） 证券日报网讯 启迪环境9月25日在互动平台回答投资者提问时表示，公司主营业务聚焦于数字环卫、水 务生态、固废处置、环卫车辆及环保设备研发制造等，公司业务情况请查阅公司定期报告中报告期公司 从事的主要业务。 ...

Group 1 - The core viewpoint of the news is that Oriental Garden's stock has experienced fluctuations, with a recent decline of 2.08% and a current price of 2.35 CNY per share, while the company has seen a year-to-date increase of 25% in stock price [1] - As of June 30, the number of shareholders for Oriental Garden increased to 74,600, reflecting an 11.59% rise, while the average circulating shares per person decreased by 10.39% to 56,285 shares [2] - The company reported a significant decline in revenue for the first half of 2025, achieving 69.22 million CNY, which is an 88.10% year-on-year decrease, while the net profit attributable to the parent company was -1.44 million CNY, showing a 99.87% year-on-year increase [2] Group 2 - Oriental Garden has cumulatively distributed 813 million CNY in dividends since its A-share listing, but there have been no dividend distributions in the past three years [3] - The company operates primarily in water environment comprehensive governance projects, with its main business revenue composition being 72.69% from photovoltaic power generation and 27.31% from solid waste disposal [1]

Core Viewpoint - The company achieved steady profit growth in H1 2025 despite a slight decline in revenue, indicating resilience in its operations and effective cost management [1][2]. Financial Performance - In H1 2025, the company reported adjusted revenue of 3.69 billion yuan, a year-over-year decrease of 6.5%, while net profit attributable to shareholders was 610 million yuan, reflecting a year-over-year increase of 0.7% [1]. - The company's comprehensive gross margin improved to 33.4%, up 1.2 percentage points year-over-year, driven by increased gross margins in the engineering and water supply segments [1]. Segment Performance - Water Supply Division: Revenue of 440 million yuan, down 4.1% year-over-year, with a gross margin of 49.4%, up 2.5 percentage points [1]. - Wastewater Division: Revenue of 1.39 billion yuan, up 12.3% year-over-year, with a gross margin of 42.3%, down 0.1 percentage points [1]. - Engineering Division: Revenue of 430 million yuan, down 41.2% year-over-year, with a gross margin of 20.1%, up 3.2 percentage points [1]. - Energy Division: Revenue of 1.33 billion yuan, down 7.0% year-over-year, with a gross margin of 9.0%, down 3.2 percentage points [1]. - Solid Waste Treatment Division: Revenue of 380 million yuan, down 2.8% year-over-year, with a gross margin of 37.9%, down 1.5 percentage points [1]. Cost Management - The company demonstrated excellent cost control, with selling, general, and administrative expense ratios of 2.8%, 3.6%, and 2.3% respectively, resulting in a total expense ratio of 8.6%, down 0.4 percentage points year-over-year [2]. - Net cash flow from operating activities was 340 million yuan, a decrease of 43.4% year-over-year, primarily due to reduced cash receipts from sales and increased tax payments [2]. Business Strategy - The company focuses on core business areas while promoting the development of an integrated environmental industry chain, enhancing collaborative effects across various segments [3]. - Water Supply: Commitment to high-quality water service throughout the lifecycle [3]. - Wastewater Treatment: Emphasis on urban environmental governance and integrated operation models [3]. - Energy: Exploration of dual-energy cooperation models to provide comprehensive energy solutions [3]. - Solid Waste Management: Development of a comprehensive solution for "waste-free cities" [3]. Investment Outlook - The company is expected to maintain steady business growth with a high dividend yield, anticipating net profits of 1.26 billion, 1.32 billion, and 1.37 billion yuan for 2025-2027, with corresponding EPS of 1.0, 1.0, and 1.1 yuan per share [4].

Group 1 - The company, Qidi Environment (000826), focuses on main business areas including digital sanitation, water ecological management, solid waste disposal, sanitation vehicles, and environmental equipment research and manufacturing [1]

Group 1 - The company, Qidi Environment, stated on August 8 that its business does not currently involve the field of household smart cleaning robots [1] - The main business focus of the company is on digital sanitation, water ecology, solid waste disposal, sanitation vehicles, and the research and manufacturing of environmental protection equipment [1]

Group 1 - The core point of the article is that China Electric Environmental Protection (SZ 300172) held its 12th meeting of the 6th board of directors on August 2, 2025, to review the semi-annual report and summary for 2025 [1] - For the year 2024, the revenue composition of China Electric Environmental Protection is as follows: water environment governance accounts for 69.89%, solid waste disposal accounts for 19.4%, flue gas governance accounts for 8.41%, and other businesses account for 2.29% [1] - As of the time of reporting, the market capitalization of China Electric Environmental Protection is 3.8 billion yuan [1]