Core Viewpoint - Guotai Environmental Protection has announced that its controlling shareholder and chairman, Chen Baixiao, is under investigation and has been placed under detention, but the company asserts that its operations remain normal and unaffected by this event [2][4]. Company Overview - Guotai Environmental Protection was established in July 2001 and went public on the Shenzhen Stock Exchange in April 2023. The company specializes in sludge treatment services, environmental protection equipment, and water ecological restoration [4][6]. - As of 2024, Guotai Environmental Protection reported revenues of 316 million yuan and a net profit of 132 million yuan, reflecting a year-on-year revenue growth of 1.98% but a decline in net profit by 4.8% [6]. Business Operations - The company employs an integrated service model for sludge treatment, which includes technology, equipment, and operations. The operational modes consist of self-built operations (BOO) and entrusted operations (O&M) [6]. - Guotai Environmental Protection is actively upgrading traditional process projects and is exploring various methods such as contract energy management and equity cooperation to undertake entrusted operations [6]. Market Outlook - The company anticipates growth in its sludge treatment services, as clients, primarily local governments, are planning to increase wastewater treatment capacity and improve standards over the next three years [6].
301203，董事长被立案调查并留置