Environmental and Facilities Services

QiaoYin

QiaoYin released FY2025 earnings on April 28 After-Market (BJT), actual revenue CNY 3.611 B (forecast CNY 3.947 B), actual EPS CNY 0.45 (forecast CNY 0.63)

QiaoYin released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 848.64 M, actual EPS CNY 0.09

QiaoYin released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 845.38 M, actual EPS CNY 0.0809

QiaoYin FY2026 Q1 Earnings Release on April 29 After-Market (BJT)

QiaoYin to Release FY2025 Earnings on April 29 After-Market (BJT), Forecast Revenue CNY 3.947 B, EPS CNY 0.63

QiaoYin released FY2025 9 Months Earnings on October 23 During-Market (BJT), actual revenue CNY 2.766 B, actual EPS CNY 0.3719

QiaoYin released FY2025 Q3 earnings on October 23 During-Market (BJT), actual revenue CNY 895.16 M, actual EPS CNY 0.0615

QiaoYin FY2025 Q3 Earnings Release on October 24 During-Market BJT

QiaoYin released FY2025 Semi-Annual Earnings on August 27 After-Market (BJT), actual revenue CNY 1.871 B, actual EPS CNY 0.31

QiaoYin released FY2025 Q2 earnings on August 27 After-Market (BJT), actual revenue CNY 934.82 M, actual EPS CNY 0.1403

QiaoYin to Release FY2025 Semi-Annual Earnings on August 28, 2025 (BJT)

Tian Nai Human-Machine Interaction Technology Co., Ltd. Established

Qiaoyin Shares ESG Rating Improved to BB

Binhai Urban Construction Investment Group Signs Strategic Cooperation Framework Agreement with Qiaoyin Urban Management

Qiaoyin and Binzhou Construction Sign Comprehensive Urban Management Cooperation Agreement

QiaoYin Shares Signs Strategic Cooperation Agreement with Baidu PaddlePaddle

Quanyin Share Completes the Cancellation of Part of the Stock Options under the 2022 Stock Option Incentive Plan

Quanyin Shares Announces Rights Issue Prospectus to Raise 900 Million Yuan

Qiaoyin Shares Establish Three Companies

002973

QiaoYin (002973) won the bid for the procurement project of the Junhe Street Office of the People's Government of Baiyun District, Guangzhou, with an amount of 13.365 million yuan. The operating income for 2024 is expected to be 3.914 billion yuan, with a net profit of 289 million yuan and a return on net assets of 12.50%

同壁财经

QiaoYin (002973): Won the procurement project of the Junhe Street Office of the People's Government of Baiyun District, Guangzhou, with a bid amount of 13.365 million yuan

According to the Zhitong Finance APP, QiaoYin announced that the company recently received a notification from the Indonesian sovereign wealth fund PT Danantara Investment Management, confirming that the company has officially been selected as a supplier for Indonesia's environmentally friendly waste-to-energy project

Zhitong

QiaoYin has been selected as a supplier for the waste-to-energy project in Indonesia

According to the Zhitong Finance APP, QiaoYin announced that the company recently received the "Notice of Winning Bid" for the Lai County Urban Sanitation Integration Cooperation Operation Project (second round), with a bid price of approximately 512 million yuan

QiaoYin won the bid for an integrated sanitation cooperation operation project worth approximately 512 million yuan

According to the Zhitong Finance APP, QiaoYin released its third-quarter report for 2025. In the first three quarters, the company achieved operating revenue of 2.766 billion yuan, a year-on-year decrease of 5.87%. The net profit attributable to shareholders of the listed company was 150 million yuan, a year-on-year decrease of 38.08%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 163 million yuan, a year-on-year decrease of 35.47%

QiaoYin released its performance for the first three quarters, with a net profit attributable to the parent company of 150 million yuan, a year-on-year decrease of 38.08%

QiaoYin City Management Co., Ltd. announced the adjustment of the guarantee limit to provide guarantees for its subsidiary, Zhaoqing QiaoYin Financing. The company intends to provide a credit limit of no more than 5 million yuan to Zhaoqing QiaoYin, with a term not exceeding 12 months. After the guarantee, the balance of guarantees for the subsidiary is 136.812 million yuan, with a remaining balance of 933.188 million yuan. The total balance of external guarantees for the company and its holding subsidiaries is 1,899.541 million yuan, with no overdue guarantee situations

QiaoYin adjusts the guarantee limit to provide guarantees for its subsidiary Zhaoqing QiaoYin's financing

QiaoYin announced that its controlling shareholder Guo Beihua and Zeyuan Private Equity plan to reduce their holdings by no more than 6% of the total share capital within 15 trading days after the announcement, specifically reducing 2% through centralized bidding and 1% through block trading. The reason for the reduction is funding needs, and the price will be determined based on market conditions, with a commitment to comply with laws and regulations and fulfill information disclosure obligations

QiaoYin: Major shareholder Guo Beihua and Zeyuan Private Equity plan to reduce their holdings by no more than 6% of the total share capital

According to the Zhitong Finance APP, QiaoYin announced that the company has recently been selected as the first candidate for the bid for the integrated sanitation cooperation operation project in the urban area of Laishui County (second round), with an estimated total bid amount of approximately 512 million yuan

QiaoYin is expected to be awarded a sanitation integration cooperation operation project worth approximately 512 million yuan

600000

QiaoYin City Management Co., Ltd. applied to SPD Bank for a working capital loan of no more than 450 million yuan, with a term of no more than 12 months. The holding subsidiary Shaoguan Qiaokai will provide a joint liability guarantee of no more than 450 million, while the wholly-owned subsidiary Duyun Qiaoying will provide a pledge guarantee of accounts receivable of no more than 665 million. The announcement shows that the total balance of external guarantees by the company and its holding subsidiaries is 1.926 billion, accounting for 79.06% of the net assets in 2024

SPD Bank

QiaoYin announced the progress of its application for a loan and guarantee of nearly 450 million from SPD Bank

QiaoYin City Management Co., Ltd. announced that as of August 20, 2025, since August 7, the company's stock has closed below the current conversion price of RMB 17.90 per share for 10 trading days, which is 85%. It is expected to trigger the condition for the downward adjustment of the conversion price of "QiaoYin Convertible Bonds." Previously, the company decided in April not to adjust the conversion price downward this time, and if it is triggered again from April 29 to August 6, it will not propose an adjustment plan

QiaoYin: "QiaoYin Convertible Bonds" are expected to trigger the conditions for price adjustment of conversion

000967

300815

Guotou Securities released a research report indicating that the annualized transaction growth rate of the sanitation operation market will decline in the first half of 2025, but the transaction volume of new business formats has reached a record high, mainly including sanitation vehicle leasing, unmanned sanitation, and urban management services, with an annualized total transaction amount of 7.45 billion yuan, accounting for 16.4%. The economic efficiency of unmanned equipment is significant, and as the penetration rate of the equipment increases, costs are expected to decrease. Aging and rising labor costs make automation an important solution to labor shortages

INFORE ENVIRO

WeRide

Guotou Securities: New energy + Automation empower a new look for sanitation

QiaoYin(002973.SZ)