【私募调研记录】凯丰投资调研长青集团

Group 1 - The core viewpoint of the news is that Kaifeng Investment has conducted research on Changqing Group, highlighting its operational highlights and development goals for 2024, including non-subsidy revenue growth and reduced fuel costs [1] - Changqing Group's first-quarter performance growth is attributed to decreased fuel costs and increased VAT refunds, with biomass fuel procurement prices declining due to reduced market competition and sufficient supply [1] - The company is optimistic about the future development of biomass heating, supported by national policies promoting environmental requirements that encourage enterprises to shift towards centralized heating [1] Group 2 - Changqing Group is focusing on the "green electricity direct connection" model, potentially using projects with expired subsidies as pilot cases [1] - The company is collaborating with Zhongke Xinkong to advance digital transformation, while the share transfer agreement with the controlling shareholder to Zhongke Hongyuan is still under review [1]