每经AI快讯，ST京蓝（SZ 000711，收盘价：1.73元）12月10日晚间发布公告称，公司第十一届第二十 次董事会临时会议于2025年12月10日在公司会议室以通讯表决的方式召开。会议审议了《关于拟变更公 司2025年度审计机构的议案》等文件。 2025年1至6月份，ST京蓝的营业收入构成为：资源回收及综合利用占比94.5%，土壤修复运营服务业务 占比4.99%，其他行业占比0.52%。 （记者 王晓波） 截至发稿，ST京蓝市值为49亿元。 每经头条（nbdtoutiao）——白金信用卡权益大缩水：贵宾厅限次、酒店减量⋯⋯银行吐槽没赚头，"羊 毛党"薅了个寂寞 ...

2025年1至6月份，ST京蓝的营业收入构成为：资源回收及综合利用占比94.5%，土壤修复运营服务业务 占比4.99%，其他行业占比0.52%。 截至发稿，ST京蓝市值为49亿元。 每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 每经AI快讯，ST京蓝（SZ 000711，收盘价：1.72元）12月9日晚间发布公告称，京蓝科技股份有限公司 近日收到控股股东云南佳骏靶材科技有限公司发来的《证券质押登记证明》，获悉其所持有本公司的部 分股份办理了质押手续，本次质押股份数量为4000万股。截至公告披露日，云南佳骏靶材科技有限公司 累计质押股份数量合计约为4.87亿股，占其所持公司股份数量比例为90.11%，占公司总股本比例为 16.7%。 （记者 曾健辉） ...

Group 1 - ST京蓝 announced that as of the disclosure date, Yunnan Jiajun Target Material Technology Co., Ltd. has pledged a total of approximately 447 million shares, accounting for 82.7% of its holdings in the company and 15.41% of the total share capital [1] - For the first half of 2025, ST京蓝's revenue composition is as follows: resource recovery and comprehensive utilization accounts for 94.5%, soil remediation operation services account for 4.99%, and other industries account for 0.52% [1] - As of the report, ST京蓝 has a market capitalization of 5 billion yuan [1]

Group 1 - ST京蓝 held a temporary board meeting on October 14, 2025, to review the proposal for amending the company's board meeting rules [1] - For the first half of 2025, ST京蓝's revenue composition was as follows: resource recovery and comprehensive utilization accounted for 94.5%, soil remediation operation services accounted for 4.99%, and other industries accounted for 0.52% [1] - As of the report date, ST京蓝's market capitalization was 4.9 billion yuan [1]

Core Viewpoint - *ST 京蓝 has shown a financial turnaround due to its bankruptcy restructuring, but the sustainability of its core business remains uncertain, with risks related to goodwill impairment and historical issues still present [1][3]. Financial Performance - In 2023, *ST 京蓝 reported an operating revenue of 149 million, a year-on-year decline of 23.59%, while net profit reached 1.056 billion, marking a return to profitability [2]. - The turnaround in net profit was primarily driven by the completion of the bankruptcy restructuring plan, which generated a substantial restructuring gain of 2.778 billion [2]. - Excluding non-recurring gains, the company's net profit after deducting non-recurring items was a significant loss of 1.398 billion, marking the third consecutive year of negative net profit [2]. Business Operations - The company has divested from its ecological water-saving and landscaping technology services during the restructuring process, retaining only the soil remediation service, which is primarily operated by its subsidiary, Zhongke Dingshi [2]. - The soil remediation industry has received policy support, with funding in 2023 amounting to approximately 12.61 billion, but the ability of Zhongke Dingshi to compete effectively in the market remains to be seen [4]. Risks and Challenges - Goodwill impairment risk is a major concern, with the company recognizing a goodwill impairment of 157 million due to decreased project amounts and delays in project execution and payments [3]. - Historical investment losses have also posed risks, with losses from equity investment funds impacting other comprehensive income by 94.4986 million [3]. - As of the annual report disclosure date, some bank accounts of the subsidiary Zhongke Dingshi remained frozen, with a total of 4.0321 million in bank deposits frozen [3]. - The company faces litigation and arbitration risks amounting to 858 million, and despite claims of eliminating significant uncertainties regarding its ongoing operations, the lack of business growth remains a concern [3]. Future Outlook - All bank accounts of *ST 京蓝 have been unblocked, and net assets have turned positive to 727 million, but this is largely attributed to financial restructuring rather than operational improvement [4]. - The company's revenue in the first quarter of 2024 was only 6.0815 million, a year-on-year decline of 89.53%, indicating significant challenges in business recovery [3].

Core Viewpoint - The company has faced significant financial challenges over the past three years, with a continuous decline in revenue and net profit, but recent restructuring efforts and favorable industry policies may provide a pathway for recovery and growth. Financial Performance - The company reported revenues of 738 million, 195 million, and -1.292 billion from 2021 to 2023, with net profits attributable to shareholders of -1.519 billion, -1.292 billion, and -1.398 billion respectively [1] - The company’s financial statements for 2023 received a standard unqualified audit report, indicating improved financial health compared to previous years [1] Business Operations - The company has restructured its operations, focusing on soil remediation services while divesting from ecological water-saving and landscaping services [2][7] - The soil remediation service operates under various models, including EPC (Engineering Procurement Construction), PC (Procurement Construction), and RCM (Risk Control and Management) [2][3] Market Environment - The soil remediation industry is supported by national policies aimed at ecological protection and sustainable development, which are expected to drive growth in the sector [9][12] - The market for soil remediation projects is projected to be substantial, with an estimated 12.61 billion in project funding and 262 projects reported in 2023 [14] Competitive Position - The company has established a strong research and development foundation, with over 130 patents and collaborations with prestigious institutions, enhancing its competitive edge in the environmental services sector [5][22] - The company has successfully completed numerous large-scale environmental remediation projects across various regions, demonstrating its operational capabilities [6] Restructuring and Recovery - The company has completed a judicial restructuring process, which has alleviated significant debt burdens and improved its financial structure, with a debt-to-asset ratio reduced to 39.96% [28][29] - Following the restructuring, the company has resumed normal operations and is actively pursuing new projects, with a backlog of orders valued at over 80 million for soil remediation services [16][17] Future Outlook - The company anticipates that the favorable policies in the real estate sector will positively impact its soil remediation business, with expected revenue and profit margins to improve [17] - The company is also exploring new business avenues in hazardous waste resource utilization, which could contribute additional revenue streams [18][29]

Core Viewpoint - *ST Jinglan has received an inquiry letter from the Shenzhen Stock Exchange regarding its 2023 annual report, addressing various issues including business operations, revenue deductions, and delisting risks [1] Financial Performance - The operating revenues for *ST Jinglan from 2021 to 2023 were 738 million, 195 million, and 149 million respectively, while net profits were -1.528 billion, -1.292 billion, and 105.6 million respectively [1] - The net profit after deducting non-recurring items for the same period were -1.519 billion, -1.292 billion, and -1.398 billion respectively [1] - In 2023, the company confirmed a restructuring gain of 2.778 billion, which included debt-to-equity swaps and asset disposals, with accounting treatment compliant with relevant regulations [2] Business Operations - The company has completed its restructuring, eliminating significant uncertainties related to ongoing operations, and does not meet the criteria for delisting risk warnings [2] - The top five customers of *ST Jinglan had a total contract amount of 259 million in 2023, with recognized revenue of 118 million, all priced through bidding and not involving related parties [1] Legal and Compliance - As of the end of 2023, the company had litigation/arbitration matters involving an amount of 858 million, with an expected liability balance of 0, indicating no need for provisions [3] - The company has rectified previous issues regarding timely and sufficient impairment provisions for equity investments, with the 2023 year-end accounts receivable balance at 665 million, of which 478 million was overdue by more than two years [2] Future Outlook - Management believes that with improvements in governance, credit repair, financing, and personnel optimization, the company has growth potential and does not foresee a risk of revenue falling below 300 million in 2024 [1][4]

Group 1 - The core point of the announcement is that *ST Jinglan's stock will be suspended for one day on September 5, 2025, and will resume trading on September 8, 2025, with the removal of the delisting risk warning and some other risk warnings, changing its name from "*ST Jinglan" to "ST Jinglan" while the stock code remains "000711" [1] - For the first half of 2025, *ST Jinglan's revenue composition shows that resource recovery and comprehensive utilization accounted for 94.5%, soil remediation operation services accounted for 4.99%, and other industries accounted for 0.52% [1] - As of the report date, *ST Jinglan has a market capitalization of 5.3 billion yuan [2]

Group 1 - The core point of the article is that *ST Jinglan (SZ 000711) held a temporary board meeting on August 13, 2025, to discuss the agenda for the sixth temporary shareholders' meeting of 2025 [1] - For the year 2024, *ST Jinglan's revenue composition is as follows: resource recovery and comprehensive utilization accounted for 91.41%, soil remediation operation services accounted for 8.41%, and other industries accounted for 0.17% [1] - As of the report date, *ST Jinglan has a market capitalization of 4.8 billion yuan [1] Group 2 - A separate investigation into sunscreen products reveals that while the production cost is around 3 yuan, retail prices can reach several tens of yuan, indicating significant profit margins in the industry [1] - The factory owner mentioned that the sunscreen industry has deep complexities, with several times the profit considered low [1]