深水海纳：国资赋能 打造生态环保智慧治理新图景

Core Viewpoint - Deepwater Haina Water Group Co., Ltd. is experiencing a pivotal development phase in 2025, driven by state-owned capital investment, the construction of a smart water ecological system, forward-looking layouts in the marine economy, and the continuous release of policy dividends [1] Group 1: State-Owned Capital Investment - In 2025, Deepwater Haina joined the Maoming Development Group system, a local state-owned platform, which provides strong capital backing and opens strategic channels for regional resource collaboration and policy alignment [2] - The deep involvement of state-owned capital is expected to enhance the safety margin of accounts receivable and project payment guarantees for Deepwater Haina as an environmental service provider [3] - The company has established a targeted accounts receivable collection assessment method, implementing a tiered management strategy for local governments based on their financial conditions, along with provisions for bad debt to improve its practical response capabilities in accounts receivable collection [3] Group 2: Technological Transformation - Digital transformation is profoundly reshaping the environmental water service industry, with the company leveraging the KaihongOS technology base to upgrade its existing Hy-Smart smart water platform into a "cloud-edge-end" integrated digital ecosystem [4] - The uniqueness of this layout lies in its self-controllable technology, based on the open-source Harmony operating system, combined with open-source large models like DeepSeek, to develop specialized operating systems and intelligent terminals for the environmental sector [4] - The platform aims to achieve deep integration across all links, covering water plants, sewage plants, pipelines, and watershed water environments, promoting the implementation of "unmanned operation and smart decision-making" [4] Group 3: Marine Economy Layout - While solidifying its water service foundation, Deepwater Haina is also keenly capturing opportunities in the marine industry, planning to expand into eco-friendly related industrial chains and explore new paths for synergistic development with its main business [5] - The company will adopt a dual approach of internal incubation and external cooperation to promote the marine intelligent aquaculture equipment business across design, manufacturing, sales, investment, and operation [5] - This strategy aims to explore diversified profit mechanisms, steadily expand the industrial ecosystem, and enhance the overall resilience and innovation capabilities of the enterprise [5]