Jiangsu United Water Technology (SH:603291) Zheng Quan Ri Bao·2025-04-24 23:35Core Viewpoint - The company is committed to enhancing quality and efficiency while ensuring investor returns through its 2024 "Quality Improvement and Efficiency Enhancement" action plan, which has been approved by the board of directors [1][3]. Group 1: Business Focus and Performance - The company focuses on its core business in water services, including water supply, sewage treatment, and environmental management, with a processing capacity of approximately 2.7 million cubic meters per day [2]. - In 2024, the company achieved a revenue of 1,140.40 million yuan, a year-on-year increase of 1.12%, driven by increased water sales and sewage treatment [3]. - The company's EBITDA for 2024 was 446.57 million yuan, reflecting a growth of 5.50% compared to the previous year [3]. - The net profit attributable to shareholders was 149.93 million yuan, a decrease of 5.89% year-on-year, primarily due to increased capital expenditures for sewage treatment plant upgrades [3]. Group 2: Technological Innovation - The company emphasizes technological innovation as a core driver of development, with its subsidiary focusing on R&D in water treatment and environmental management technologies [5][6]. - In 2024, the subsidiary obtained 6 new patents, bringing the total to 18, and also received recognition as a high-tech enterprise [6]. - The company successfully launched a multifunctional water environment management unmanned vessel, enhancing its capabilities in water quality monitoring and management [7]. Group 3: Investor Returns - The company has a strong commitment to cash dividends, distributing 1.50 yuan per 10 shares for the 2023 fiscal year, totaling approximately 63.48 million yuan [9][10]. - The company plans to continue its dividend policy, proposing a similar distribution for the 2024 fiscal year, pending shareholder approval [10]. Group 4: Corporate Governance - The company has revised over 20 governance documents to enhance compliance and internal management, ensuring a higher level of governance [12]. - The board has established an ESG committee to integrate environmental, social, and governance considerations into its strategic planning [12][19]. Group 5: Market Engagement and Value Management - The company actively engages with investors, conducting roadshows and strategy meetings to enhance communication and transparency [14][15]. - The company has implemented a comprehensive market value management strategy, focusing on sustainable growth and shareholder returns [14]. Group 6: Sustainable Development and ESG Performance - The company is committed to sustainable development, achieving significant reductions in pollution and enhancing water resource efficiency [17]. - The company has received multiple awards for its ESG performance, reflecting its commitment to responsible business practices [20].