Securities code: 603279 Securities abbreviation: Jingjin Equipment Announcement number: 2026-003
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
In order to actively implement the investor-oriented concept, respond to the call of the Shanghai Stock Exchange, and promote the company's high-quality development and investment value enhancement, Jingjin Equipment Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Jingjin Equipment Co., Ltd. 2024 "Improving Quality, Efficiency and Emphasis on Return" Action Plan Annual Evaluation Report and 2025 "Improving Quality, Efficiency and Emphasis on Return" Action Plan on the website of the Shanghai Stock Exchange on August 27, 2025 (Announcement Number: 2025-023). Since the release of the 2025 “Improving Quality, Increasing Efficiency and Focusing on Returns” action plan (hereinafter referred to as the “Action Plan”), the company has actively carried out and implemented relevant work. The company held the third (temporary) meeting of the fifth board of directors on February 25, 2026, and reviewed and approved the "Proposal on the Semi-annual Evaluation Report of the Company's 2025 "Improving Quality, Efficiency, and Focus on Returns" Action Plan. The implementation progress and evaluation status of the action plan are now reported as follows.
1. Focus on strengthening the main business and improving the quality of operations
The company has always adhered to the business philosophy of "precision, innovation, integrity and responsibility", centered on the company's development strategy, actively responded to market changes, promoted technological innovation and product upgrades, strived to develop the supporting equipment market, and strengthened operational management. Although operating income and net profit have declined, the overall operation has remained stable. In the first three quarters of 2025, the company's operating income was 4.200 billion yuan, a year-on-year decrease of 10.70%. The net profit attributable to shareholders of listed companies was 435 million yuan, a year-on-year decrease of 34.53%. The net cash flow generated from operating activities was 658 million yuan, a year-on-year increase of 11.73%.
The company has always focused on strengthening its main business, constantly enriching the types of complete sets of filtration equipment, continuing to meet the needs of users, and creating greater value for customers. The complete set of filtration equipment produced by the company includes various filter presses, thickeners, energy-saving feed plunger pumps, prefabricated substations, MVR evaporators, multi-effect evaporators, reaction kettles, pressure vessels, belt concentrators, mixers, Snail stacking concentrator, snail stacking dehydrator, automatic dosing machine, dosing online intelligent analyzer, belt conveyor, screw conveyor, scraper conveyor, bucket elevator, filter cake crusher, vehicle-mounted skid-mounted mobile sludge does not fall to the ground Complete sets of equipment, lime silos, flotation machines, U-shaped mixers, clarifiers, garbage sorting vibrating screens, cage screens, leaf filters, low-temperature dryers, sludge silos, high-efficiency fine particle classification screens, TPS sorters, static mixers, impurity removal machines, steel structure platforms, steel structure supports, anti-corrosion tanks, dissolving tanks, mixing tanks and other complete sets of equipment are widely used in environmental protection, mining, chemical industry, new energy, new materials, biology, food, medicine, health care products and other fields. The technical level of the company's products continues to improve, and the industrialization of complete sets of equipment continues to advance, providing support for the company's sustainable development and strategic transformation.
The company actively promotes project construction. On December 20, 2023, the company's board of directors reviewed and approved the "Proposal on Investment and Construction of the Second Phase Project of Industrialization of Complete Filtration Equipment". In order to further expand production capacity, the company built the second phase of the filtration equipment industrialization project and won the land use rights for the project on December 24, 2023. At present, the project has been partially put into production.
2. Pay attention to shareholder returns and share development dividends
In order to further standardize and improve the company's profit distribution policy, establish a scientific, sustainable and stable shareholder return mechanism, and safeguard the legitimate rights and interests of small and medium-sized shareholders, the company has formulated the "Company's Shareholder Dividend Return Plan for the Next Three Years (2025-2027)" based on the company's strategic planning, profitability, shareholder returns, external market environment and other comprehensive factors.
In order to increase investor returns and share operating results, the company has implemented and completed the annual profit distribution plan for 2024 and the profit distribution plan for the first three quarters of 2025 based on actual conditions. In May 2025, based on the company's total share capital of 576,457,000 shares before the implementation of the 2024 annual profit distribution plan, the company distributed a cash dividend of 0.40 yuan (tax included) per share, for a total cash dividend of 230,582,800 yuan (tax included). In December 2025, based on the company's total share capital of 576,373,000 shares before the implementation of the profit distribution plan for the first three quarters of 2025 and after excluding the repurchase and cancellation of restricted stocks, the company distributed a cash dividend of 0.50 yuan (tax included) per share, with a total cash dividend of 288,186,500 yuan (tax included).
Since its listing in 2019, the company has distributed a total of 3.183 billion yuan in cash dividends to reward shareholders with practical actions, build long-term investment value with investors, and share the results of corporate development.
3. Adhere to innovation-driven and enhance product competitiveness
The company implements an innovation-driven strategy, insists on promoting technological innovation, improves the company's innovation capabilities, and leads development with innovation. The company's technology research and development and innovation system continues to improve, and the company's product categories continue to enrich, promoting the iteration, optimization and upgrading of products and technologies. The company's product technology level continues to improve, and the industrialization of complete sets of equipment continues to advance, which can meet customers' personalized and integrated product development needs, providing support for the company's sustainable development and strategic transformation.
The national standard "Chemical Equipment Safety Management Specifications" that the company participated in drafting will be implemented on June 1, 2025, and the drafted industry standard "Screw Press Filter" will be released and implemented in 2025. In 2025, the company has obtained 23 authorized domestic patents and 2 international invention patents. Under the guidance of innovation, the company's complete sets of equipment have been continuously expanded in applications in mining, environmental protection, new energy, new materials, chemical industry and other fields, which not only promotes the stable development of the company's existing business, but also provides good technical reserves and support for the company's future sustainable development.
4. Strengthen investor communication and convey company value
The company attaches great importance to investor relations management and performs its information disclosure obligations in strict accordance with the provisions of laws and regulations such as the Company Law and the Securities Law, as well as the regulatory requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange. In 2025, the company issued a total of 6 regular reports (including annual reports and semi-annual report summaries) and 45 temporary announcements, fully disclosing information such as the company's main business development, system revisions, equity distribution, and equity incentives.
The company continues to pay attention to the needs of investors, continues to improve the multi-level investor interaction and communication mechanism, continuously expands the breadth and depth of communication with the capital market, responds to investor concerns through multiple channels, deepens investors' understanding of the company's production and operations, and better conveys the company's investment value. In 2025, the company strictly complied with regulatory requirements and organized multiple performance briefings such as the 2024 and first quarter 2025 performance briefing, the 2025 half-year performance briefing, and the third quarter 2025 performance briefing. It fully communicated on the company's operations, financial status, development strategy and other issues that investors were concerned about, actively conveyed the company's investment value, enhanced the market's understanding of the company, and enhanced investors' confidence in the company's future development.
The company pays attention to diversified communication with investors, strengthens communication with small and medium-sized shareholders, and maintains communication with small and medium-sized investors through various methods such as the company's investor hotline, email, and SSE e-interactive. During working hours, it ensures that the investor hotline is answered in a timely manner and investors' questions are promptly answered on the SSE E-interactive platform. At the same time, the company attaches great importance to investor feedback, carefully listens to and records investor feedback in daily communications with investors, collects investor suggestions and demands, and promptly communicates them to the company's management. It fully considers investors' opinions and suggestions and strives to improve related work.
5. Improve governance mechanisms and adhere to standardized operations
The company actively implements the reform measures of the board of supervisors, further improves the governance mechanism of listed companies, improves the governance system, and clarifies the division of powers and responsibilities between the shareholders' meeting, the board of directors and the operating management. It no longer establishes a board of supervisors and supervisors, and the audit committee of the company's board of directors exercises the powers of the board of supervisors stipulated in the Company Law.
The company further improved its governance structure, renamed the Strategy Committee of the Board of Directors as the Strategy and ESG Committee of the Board of Directors, and adjusted the responsibilities of the Strategy and ESG Committee of the Board of Directors. The company strictly complies with the requirements of laws, regulations and normative documents such as the "Company Law" to complete the election of the fifth board of directors and senior managers, improve the diversity of the board of directors, and provide guarantee for the company's scientific decision-making.
In accordance with the provisions of relevant laws, regulations and normative documents, and in combination with the company's actual situation, the company has systematically formulated and revised systems such as the "Company Public Opinion Management System", "Company Directors and Senior Management Resignation Management System", "Company Articles of Association", "Company Rules of Procedure for Shareholders' Meetings", "Company's Rules of Procedure for Board of Directors", etc., further improving the company's system construction and promoting the company's standardized operations.
The company convenes shareholders' meetings, board of directors, board of supervisors and various special meetings in accordance with regulations. In 2025, the company held a total of 3 shareholders' meetings, 10 board of directors meetings, 6 board of supervisors meetings, and a total of 16 meetings of special committees of the board of directors to conduct demonstrations and perform review procedures on major matters such as regular reports, profit distribution, lifting of restrictions on equity incentives, cancellation of the board of supervisors, general elections, and revision of the "Articles of Association".
6. Strengthen the responsibility of “key minority” and promote high-quality development of the company
In accordance with the relevant provisions of the Company Law, the Measures for the Administration of Independent Directors of Listed Companies, the Shanghai Stock Exchange Stock Listing Rules and other laws, regulations and normative documents, the company continues to strengthen the normative awareness and responsibility awareness of the "key minority", strengthens the study of relevant laws and regulations in the securities market, improves the ability to perform duties, and promotes the company's long-term stable development. In 2025, the company organized "key minority" personnel to actively participate in training on compliance management of listed companies organized by the Shanghai Stock Exchange, Shandong Association of Listed Companies and other institutions to keep abreast of regulatory developments, systematically study securities regulatory laws, policies and typical cases, and improve governance decision-making and risk prevention and control.
7. Other matters
The company will focus on its main responsibilities and businesses, strive to improve its operation and management level, and continuously enhance its core competitiveness, profitability and risk management capabilities. Through good performance and standardized corporate governance, we will effectively fulfill the responsibilities and obligations of listed companies, return the trust of investors, maintain a good market image, and promote the stable and healthy development of the capital market.
The forward-looking statements of the company's plans and development strategies involved in this report do not constitute the company's substantive commitment to investors. Investors are advised to pay attention to the relevant risks.
Announcement is hereby made.
Board of Directors of Jingjin Equipment Co., Ltd.
February 26, 2026
