DONGJIANG ENV (00895) Announces Interim Results with Net Loss Attributable to Shareholders of Approximately 278 Million Yuan, Up 8.09% Year-on-Year

Stock News
08/22

DONGJIANG ENV (00895) announced its interim results for 2025, with operating revenue of approximately 1.5 billion yuan, down 3.4% year-on-year. The net loss attributable to listed company shareholders was approximately 278 million yuan, an increase of 8.09% year-on-year, with basic loss per share of 0.25 yuan.

During the reporting period, through continuous deepening of marketing system reforms and strengthening regional collaboration, the company's resource utilization business achieved product sales of 646 million yuan, with new product sales surging 272% year-on-year.

In terms of new products, subsidiary Kunshan Purification's new product nano-scale basic copper sulfate successfully completed trial production, while Jiangmen Dongjiang's "Jiangxun" nitro paint thinner achieved mass production. This product features industry-leading solubility and environmental friendliness.

Regarding technology research and development, the company continued to increase R&D investment. In the first half of the year, it filed 15 new patent applications and obtained 30 patent authorizations, with a cumulative total of 647 valid patents and leading the formulation of 2 industry standards. Pilot projects for monoammonium phosphate, steam acid method production of copper chloride and copper salts progressed smoothly. The high-end product ultrafine copper powder completed sample development and was sent to key customers for testing. The independently developed "Environmental Smart Diagnosis" technical consulting and diagnostic platform has fully integrated the DeepSeek large model, achieving AI implementation in the comprehensive environmental services industry chain.

In terms of new business, the company entered the automotive parts remanufacturing sector through establishing joint ventures. It has currently integrated some regional automotive dismantling plants, remanufacturing enterprises, and repair shop resources, formed a standardized industry alliance, successfully registered three major brands "Dongjiang Regeneration," "Dongjiang Renewal," and "Dongjiang New Green," established a standardized management system for brand output, and achieved new breakthroughs in resource recycling business.

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