Group 1: Business Structure and Revenue Distribution - The company's current revenue distribution is 66.67% from water supply and 33.33% from wastewater treatment, with other environmental services contributing a small portion [2] - The company aims to achieve a balanced revenue structure with one-third from water supply, one-third from wastewater, and one-third from environmental services within the next 3-5 years [2] Group 2: Waste Treatment Capacity and Future Plans - The current sludge disposal capacity is 400 tons/day, utilizing a "semi-dry + incineration" process [3] - Future plans include self-built sludge treatment with a capacity of 200 tons/day, a joint venture with Lafarge for 300 tons/day, and a collaboration with Green Mountain for 200 tons/day, leading to a total projected capacity of 1,100 tons/day [3] Group 3: H-Share Listing Progress - The H-share listing project is progressing normally, currently in the material preparation stage after approval from the Chengdu government [3] Group 4: Partnerships and Collaborations - The company is actively advancing partnerships with Green Mountain, Lafarge, and United Environmental, with joint ventures expected to be established soon [3] Group 5: Water Supply and Infrastructure Development - The company operates a water supply project with a capacity of 300,000 tons/day, essential for urban ecological construction in Chengdu [4] - The construction of the second phase of Water Plant No. 7 is set to begin to ensure water supply safety, with a planned capacity of 500,000 tons/day [4] Group 6: Financing and Strategic Goals - The company seeks to issue H-shares to meet financing needs for projects like Water Plant No. 7 and to attract strategic investors, enhancing governance to international standards [4]