调研速递|长青集团接受投资者调研，雄安、东北项目等要点披露

Core Viewpoint - Guangdong Changqing (Group) Co., Ltd. held an earnings briefing where management addressed investor inquiries regarding project progress and operational status [1] Group 1: Project Updates - Xiong'an Project: The company terminated the Xiong'an project in 2021 due to non-compliance with the Xiong'an New Area planning, resulting in a loss provision of 170 million yuan, which was subsequently added to the capital reserve. Future arrangements will consider project sustainability and shareholder interests [2] - Northeast Agricultural and Forestry Biomass Project: The company is focusing on improving the performance of the Northeast project through professional personnel support, new fuel varieties, and inventory management, with some positive results achieved. There is no clear response regarding the potential sale of the project to a local state-owned enterprise [2] - Zhongshan Project Equity Sale: The sale of equity in the Zhongshan project is expected to generate an investment income of approximately 210 to 220 million yuan (unaudited), with the final amount depending on the asset status of the target company on the equity transfer date [2] Group 2: Financial and Regulatory Matters - National Subsidy Situation: Projects that have entered the subsidy directory have started receiving renewable energy subsidy funds, but there are still outstanding payments that have not been fully settled [2] - Sale to Zhongshan Public Assets: The transaction is currently undergoing approval procedures with the Zhongshan Urban Management and Comprehensive Law Enforcement Bureau [2]