Water Utilities

XREC

XREC released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 2.087 B, actual EPS CNY 0.1768

XREC to Release FY2026 Q1 Earnings on April 28 After-Market (BJT)

XREC to Release FY2025 Earnings on April 28 Pre-Market (BJT), Forecast Revenue CNY 9.507 B, EPS CNY 0.71

XREC released FY2025 Q4 earnings on February 27 Pre-Market (BJT), actual revenue CNY 2.52 B, actual EPS CNY 0.0807

XREC released FY2025 Annual Earnings on February 27 Pre-Market (BJT), Actual Revenue: CNY 9.068 B (Forecast: CNY 9.507 B), Actual EPS: CNY 0.6719 (Forecast: CNY 0.71)

XREC released FY2025 9 Months Earnings on October 28 After-Market (BJT), actual revenue CNY 6.548 B, actual EPS CNY 0.5911

XREC released FY2025 Q3 earnings on October 28 After-Market (BJT), actual revenue CNY 2.356 B, actual EPS CNY 0.2646

XREC FY2025 Q3 Earnings Release on October 29, 2025 After-Market (BJT)

XREC released FY2025 Semi-Annual Earnings on August 27 During-Market (BJT), Actual Revenue CNY 4.192 B, Actual EPS CNY 0.3266

XREC released FY2025 Q2 earnings on August 27 During-Market BJT, actual revenue CNY 2.169 B, actual EPS CNY 0.1563

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

Investors Question Xingrong Environment's Valuation, Company Emphasizes Performance

Xingrong Environment Adjusts Sewage Treatment Fees

Changjiang Eco-Environmental Group Reduced 12.6249 Million Shares of Xingrong Environment

MEP Releases Beautiful River and Lake Conservation and Construction Action Plan

Investors Concerned About Xingrong Environment's Financial Health and Bottled Water Business

Company Achieves Steady Growth in 2024 Full Year and 2025 Q1

Xingrong Environment Q1 2025 Revenue Up 9.61% YoY

XREC released FY2025 Q1 earnings on April 28 Pre-Market (BJT), actual revenue CNY 2.023 B, actual EPS CNY 0.1702

XREC to Release FY2025 Q1 Earnings Report on April 29, Pre-Market BJT

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XREC announced that its holding subsidiary won the bid for the Wuhou service network project, with a contract amount of 27.1249 million yuan. Since the winning bidder is an affiliated company, it constitutes a related party transaction. This transaction has been approved by the board of directors and does not require approval from the shareholders' meeting. The environmental construction company is expected to generate revenue of 2.505 billion yuan and a net profit of 24.6761 million yuan in 2024, with revenue of 1.691 billion yuan and a net profit of 19.0660 million yuan from January to September 2025. From 2025 to date, the cumulative related party transactions amount to approximately 810 million yuan

Zhitong

XREC: The holding subsidiary has won a bid for an additional related transaction of 27.1249 million yuan

XREC announced that its revenue for the third quarter was 2.356 billion yuan, a year-on-year increase of 6.85%; net profit was 789 million yuan, a year-on-year increase of 13.09%. Revenue for the first three quarters was 6.548 billion yuan, a year-on-year increase of 5.39%; net profit was 1.764 billion yuan, a year-on-year increase of 8.49%

XREC: Net profit in the third quarter was 789 million yuan, a year-on-year increase of 13.09%

XREC's wholly-owned subsidiary, the drainage company, has won the bid for the High-tech West District Water Purification Center project, with a contract amount of 663 million yuan. This transaction is a related party transaction, which has been exempted from the shareholders' meeting review by the Shenzhen Stock Exchange and does not constitute a major asset reorganization. The contract duration is 600 days, and the transaction price is in line with market levels, having no adverse impact on the company's finances and operations. From January 1, 2025, to the present, the cumulative related party transactions between the company and related parties amount to approximately 571 million yuan

XREC's subsidiary bidding, 663 million related party transactions approved

According to the Qichacha APP, recently, Chengdu XREC Water Co., Ltd. was established with a registered capital of 120 million yuan. Its business scope includes: research and development of resource recycling technology; sewage treatment and its recycling; research and development of unconventional water source utilization technology, etc. Qichacha's equity penetration shows that the company is wholly owned by XREC

XREC has established a new water service company with a registered capital of 120 million yuan

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On June 30th, 31 listed companies had their restricted shares unlocked, with a total market value of approximately 31.502 billion yuan. The unlocking situation includes several companies such as ECOBEAUTY, XREC, and YUEYANG XINGCHANG, involving types of restricted shares such as additional issuance of A-shares and equity incentives. The specific number of unlocked shares ranges from tens of thousands to hundreds of millions, covering multiple industries

YUEYANG XINGCHANG

ECOBEAUTY

Kanion Pharmaceutical

Keli

GONEO

Actionpower

Yangnong Chemical

UNIV

Snowsky Salt

SHANGHAI GEOHARBOUR

China Salt Chemical

DONGRUI GROUP

WEIMING

Environment Protection

Sinomag

Zhitong A-share lock-up release overview | June 30

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Huafu Securities released a research report stating that Guangzhou will implement a new water price starting from June 1, 2025, with the first, second, and third tier prices for residential water usage increasing by 28.8%, 28.6%, and 93.2%, respectively. This reform is expected to accelerate facility upgrades for water supply companies and promote water conservation and the recycling of water resources. About 80% of households will see an increase of approximately 12 yuan in their monthly water bills, while 10% of households will see an increase of about 24.5 yuan

GRANDBLUE ENV

HONGCHENG ENVIRONMENT

Shunkong Development

Jiangnan Water

HuaFu Securities: Starting in June, Guangzhou will implement new water prices, and the revaluation of water companies is worth paying attention to

XREC announced that in the first quarter of 2025, the operating revenue was 2.023 billion yuan, a year-on-year increase of 9.61%. The net profit was 508 million yuan, a year-on-year increase of 11.19%

XREC: Net profit of 508 million yuan in the first quarter of 2025, a year-on-year increase of 11.19%

XREC released its 2024 annual performance, achieving operating revenue of 9.049 billion yuan during the reporting period, a year-on-year increase of 11.90%; net profit attributable to the parent company was 1.996 billion yuan, a year-on-year increase of 8.28%; net profit excluding non-recurring gains and losses was 1.963 billion yuan, a year-on-year increase of 8.82%. Basic earnings per share were 0.6704 yuan

XREC released its 2024 annual performance, with a net profit attributable to the parent company of 1.996 billion yuan, a year-on-year increase of 8.28%

On March 11th, XREC responded to investors on the interactive platform, stating that the company is actively expanding its pipeline direct drinking water projects, and has already laid out projects in some residential communities, office buildings, and schools in Chengdu. In the future, the company will continue to strengthen business expansion, continuously enhance its core competitiveness, and strive for more market opportunities

XREC: Has laid out direct drinking water projects in some residential communities, office buildings, and schools in Chengdu

XREC released its 2024 annual performance preliminary report, with total operating revenue of 9.049 billion yuan, a year-on-year increase of 11.90%; net profit attributable to the parent company was 1.996 billion yuan, a year-on-year increase of 8.28%. Basic earnings per share were 0.67 yuan. The performance growth was mainly influenced by joint ventures, mergers and acquisitions, and the commissioning of new projects, with increased volumes in water supply, sewage treatment, and solid waste disposal, as well as an adjustment in sewage treatment service fees

XREC's net profit attributable to the parent company for the year 2024 is 1.996 billion yuan, a year-on-year increase of 8.28%

XREC(000598.SZ)