Core Viewpoint - Junxin Co., Ltd. announced a share buyback plan, indicating confidence in its financial health and future prospects [1] Group 1: Share Buyback - As of August 31, 2025, Junxin Co., Ltd. plans to repurchase approximately 3.6 million shares, representing 0.46% of the total share capital [1] - The buyback will be conducted through a centralized bidding transaction, with a maximum price of 14.29 CNY per share and a minimum price of 13.86 CNY per share [1] - The total amount spent on the buyback is approximately 50.99 million CNY [1] Group 2: Revenue Composition - For the year 2024, the revenue composition of Junxin Co., Ltd. is as follows: 65.51% from energy-saving and environmental protection services, 34.43% from construction period service income, and 0.05% from other businesses [1] Group 3: Market Capitalization - As of the report date, Junxin Co., Ltd. has a market capitalization of 12.2 billion CNY [1]

事件：公司发布2024 年年报及2025 年一季报，2024 年，公司营业收入实现24.31 亿元，同比增长 31%，归母净利润为5.36 亿元，同比增长4%。 2025 年一季度，公司实现营业收入7.67 亿元，同比增长54%，归母净利润1.73 亿元，同比增长39%。 核心观点： 公司业绩稳中有进，经营性现金流净额同比提升。2024 年，公司营业收入实现24.31 亿元，归母净利润 为5.36 亿元，扣非净利润5.00 亿元，均同比正增长。分业务来看，垃圾焚烧发电实现营业收入6.07 亿 元，同比下降5%，毛利率同比下降0.13 个百分点至64.68%；垃圾焚烧发电及污泥协同处理实现营业收 入5.55 亿元，同比增长2%，毛利率同比提升3.14 个百分点至72.57%；建设期服务实现营业收入8.40 亿 元，同比增长145%。经营性现金流净额实现9.71 亿元，同比增长12%，现金流情况持续改善。 收购仁和环境，拓宽业务外延。2024 年8 月5 日，公司通过发行股份及支付现金的方式向19 名交易对方 购买其持有的仁和环境63%股权，2024 年11 月27 日，仁和环境成为公司的控股子公司，2024 年 ...