Group 1 - The central government has issued opinions to optimize the pricing mechanism for water, electricity, and gas, emphasizing the need for a reasonable operation of price levels and important commodity prices [1] - The new pricing policy aims to enhance the profitability of water supply operators by implementing a progressive pricing system for non-residential water usage, which is expected to drive profit recovery and growth [1] - The 2021 urban water pricing management measures have been reiterated, focusing on cost auditing as the basis for setting water prices, ensuring that water supply companies can achieve reasonable returns [1] Group 2 - Shenzhen's water price adjustment hearing is scheduled for April 11, with proposed increases of 13.1% to a new price of 3.8991 yuan per cubic meter [2] - Historical trends indicate that price adjustments in major cities can catalyze water price reforms, potentially improving the long-term low returns in the domestic water supply industry [2] - Companies such as China Water Affairs (00855) are expected to benefit significantly from the ongoing improvements in water pricing policies, with a notable portion of their revenue derived from water supply operations [2]
完善价格治理机制意见有望加速水价改革 中国水务(00855)、粤海投资(00270)等供水运营商受益