Core Viewpoint - Zhongke Environmental Protection has successfully acquired 100% equity of two environmental companies, enhancing its waste-to-energy business and market presence in Guangxi [1][2]. Group 1: Acquisition Details - Zhongke Environmental Protection announced the acquisition of Guangxi Guigang Beikong Water Environmental Protection Co., Ltd. for 303 million yuan and Guangxi Pingnan Beikong Water Environmental Protection Co., Ltd. for 51.75 million yuan, totaling 354 million yuan [1]. - The acquired companies primarily engage in waste incineration power generation and related environmental services, with Guigang Environmental operating a project with a total capacity of 1,500 tons per day and Pingnan Environmental operating a project with a total capacity of 1,200 tons per day [1]. Group 2: Strategic Implications - The acquisition aligns with the company's strategic planning, aiming to expand its waste-to-energy business scale and enhance its core competitiveness, which is expected to positively impact future revenue and profit [1]. - The ongoing urbanization process is driving an increasing demand for waste management services, which supports the growth of Zhongke Environmental Protection's business [1]. Group 3: Financial Performance - Since its listing in July 2022, Zhongke Environmental Protection reported revenues of 1.597 billion yuan, 1.404 billion yuan, and 1.663 billion yuan for 2022 to 2024, with growth rates of 5.34%, -12.07%, and 18.43% respectively [2]. - The net profit attributable to the parent company for the same period was 212 million yuan, 270 million yuan, and 321 million yuan, with growth rates of 22.47%, 27.12%, and 18.92% respectively [2]. - Despite the growth in net profit, the company's stock price has declined nearly 50% since reaching a peak of 10.38 yuan per share shortly after its listing, closing at 5.21 yuan per share on July 1 [2].
中科环保3.54亿元买下两家环保公司 上市累赚8.81亿元股价反跌近50%