Beijing GeoEnviron Engineering

BGE has released a share buyback progress announcement. As of September 30, 2026, the company had cumulatively repurchased 6,045,916 shares through centralized bidding, accounting for approximately 0.40% of total share capital, with a total payment of 79.4483 million yuan. The buyback plan proposes to use total funds of 100 million to 200 million yuan, and the amount paid so far has not yet reached the 100 million yuan lower limit. The buyback period runs from July 21 to October 20, 2026, and is approaching its expiration. The company disclosed the buyback plan on July 21, 2026, with a buyback price not exceeding 24 yuan per share, and implemented its first buyback of 955,489 shares on July 24, paying approximately 11.82 million yuan. In terms of performance, in the first half of 2026 the company achieved total operating revenue of 10.319 billion yuan, up 54.02% year on year; net profit attributable to the parent was 1.022 billion yuan, up 103.37% year on year; non-GAAP net profit was 971 million yuan, up 113.74% year on year; net cash flow from operating activities was negative 607 million yuan, compared with 347 million yuan in the same period last year; basic earnings per share were 0.679 yuan, and the weighted average return on equity was 10.14%. The semi-annual distribution plan is a cash dividend of 1.4 yuan per 10 shares, including tax.

BGE has released its 2026 interim report. In the first half, the company achieved operating revenue of 10.319 billion yuan, up 54.02% year on year. Net profit attributable to the parent company reached 1.022 billion yuan, up 103.37% year on year. Basic earnings per share stood at 0.679 yuan. The company plans to distribute a cash dividend of 1.4 yuan, tax included, for every 10 shares. During the reporting period, production capacity in its metal resource recycling business continued to expand, and the company seized the opportunity of rising metal prices to achieve rapid growth in both revenue and profit.

BGE announced that the company recently formed a consortium with its subsidiary Hong Kong BGE Environmental Technology Singapore Pte Ltd and secured the contract for the Solid Waste Treatment Center Project of Thong Nhat Commune in Quang Ninh Province, Vietnam, with a contract value of 500 million yuan. The project is a routine operating contract, covering engineering design services, equipment procurement and supply, equipment delivery, installation services, commissioning and testing technical support for a 1,300 tonne per day solid waste treatment center, along with a 24-month warranty period starting from the commercial operation date. The company said the contract signing will have a positive impact on future performance, but will not have a material impact on operating results for 2026, and it will not become dependent on the counterparty as a result of performing the contract.

G-bits disclosed that in the first half of 2026 it achieved operating revenue of 3.727 billion yuan, up 48.01% year on year, and net profit attributable to the parent of 1.092 billion yuan, up 69.31% year on year, and plans to distribute a cash dividend of 100 yuan, tax included, for every 10 shares. On the same day, Avary Holding's first-half AI server PCB revenue approached 1 billion yuan, and high-speed optical module PCB revenue exceeded 600 million yuan. Jifeng Auto Parts received a nomination for a passenger car seat assembly project, with an estimated total life-cycle value of 2.12 billion yuan. SMIC's second-quarter overall sales revenue reached 3 billion US dollars, up 20% quarter on quarter. In addition, Grace Fabric Technology's first-half net profit rose 334.32% year on year. Dalian Thermal Power's first-half net profit was 50.135 million yuan, turning from a loss to a profit year on year. BGE and its subsidiary jointly won a 500 million yuan solid waste treatment project in Vietnam.

Gaoneng Environment announced that the company plans to buy back shares for 100 million to 200 million yuan, to maintain the company's market value and shareholder equity, with a buyback price not exceeding 24 yuan per share.

BGE has released its 2026 half-year performance pre-increase announcement, estimating net profit attributable to the parent at 900 million to 1.1 billion yuan, a year-on-year increase of 79.13% to 118.94%. Recurring net profit attributable to the parent is estimated at 850 million to 1.05 billion yuan, surging 87.02% to 131.03% year-on-year. The strong performance growth mainly stems from the resource recovery business, marking the company's official entry into a high-growth cycle of concentrated profit realization for its metal resource recovery operations. Core projects such as Jiangxi Xinke and Jinchang BGE have steadily increased capacity utilization rates, while key projects like BGE Pengfu and Jingyuan BGE have expanded profit margins by optimizing raw material structures. In the first half, copper prices hit a historical average high, and the average gold price was nearly 37% higher than in 2025. The company seized the market boom to amplify product profit elasticity.

BGE Environmental Technology has released a first-half earnings forecast, projecting net profit between 900 million yuan and 1.1 billion yuan, representing year-on-year growth of 79.13% to 118.94%. According to statistics from Securities Times Data Treasure, the stock closed at 15.85 yuan today, down 0.31%, and has fallen 15.92% over the past five trading days. Major capital recorded a net outflow of 56.731 million yuan today, with a net outflow of 564 million yuan over the past five days. The latest margin trading balance stands at 1.63 billion yuan, of which the financing balance is 1.627 billion yuan, down 2.06% from the previous period.