瀚蓝环境：预计2025年上半年完成并购粤丰环保

Group 1 - The core viewpoint of the news is that Hanlan Environment is actively pursuing the acquisition of Yuefeng Environmental, with all prerequisites for the deal already met, and the transaction is expected to be completed in the first half of 2025 [1][2] - The major asset restructuring initiated by Hanlan Environment aims to privatize Yuefeng Environmental, enhancing the company's waste management operational scale and creating greater value for shareholders [2] - Hanlan Environment reported a net profit of 1.664 billion yuan for 2024, representing a year-on-year increase of 16.39%, and a net operating cash flow of 3.273 billion yuan, up 31.85% [3][4] Group 2 - In 2024, Hanlan Environment achieved significant results in digital intelligence construction, technological innovation, and lean management, which are expected to contribute to cost reduction and efficiency improvement [4] - The company plans to focus on strategic breakthroughs and high-quality development in 2025, including completing strategic acquisition projects and addressing accounts receivable issues [4] - Hanlan Environment emphasizes shareholder returns, with a cash dividend payout ratio of 39.20% of the net profit attributable to shareholders in 2024, and plans to increase cash dividends by no less than 10% annually for 2025 and 2026 [4]