AAA PUBLIC(SH:600979) Sou Hu Cai Jing·2025-06-16 16:22Core Viewpoint - The company, Guang'an Aizhong, is undergoing a strategic transformation to focus on four major industry brands: "Aizhong Public Utility," "Aizhong Green Energy," "Aizhong Modern Services," and "Aizhong Capital" in response to the global trend of energy transformation towards green and low-carbon services [2][6]. Group 1: Public Utility Sector - Guang'an Aizhong operates 10 water plants, 7 gas storage and distribution stations, 8 gas distribution stations, 2 CNG refueling stations, 12 110kV substations, 21 35kV substations, and 12 hydropower stations with a total installed capacity of 436,400 kW, an annual water supply capacity of 117 million cubic meters, and an annual gas supply capacity of 980 million cubic meters, serving approximately 2.4 million customers [3][4]. - The company aims to enhance the quality of its water, electricity, and gas services through digital empowerment and smart operations, ensuring a solid foundation for its transformation [3][4]. - The "multi-meter integration" project has achieved international advanced levels, allowing for a comprehensive energy management model that is replicable and scalable [4]. Group 2: Modern Services - Guang'an Aizhong is expanding into the modern services sector by leveraging technology to enhance customer value, focusing on both C-end household services and B-end industrial services [5]. - The company aims to explore value from 2 million categorized customers and 1.2 million terminal customers, enhancing brand and market value [5]. Group 3: Green Energy Development - The company is actively transitioning to the green energy sector, focusing on hydropower and expanding into photovoltaic energy to meet the growing demand for green energy [6]. - Guang'an Aizhong's strategy includes establishing distributed photovoltaic power stations and centralized photovoltaic power stations in advantageous regions, as well as acquiring quality renewable energy assets through "Aizhong Capital" [6]. Group 4: Future Development - The company plans to explore virtual power plants and leverage its unique advantages for future development in line with the requirements of a new power system [7].