Shengquan Group(SH:605589) Da Zhong Ri Bao·2025-10-21 22:52Core Insights - The transformation of the Diaozhen Chemical Industrial Park in Jinan represents a successful case of turning waste into valuable resources, aligning with the national strategy for ecological protection and high-quality development along the Yellow River [3][11]. Group 1: Waste-to-Resource Initiatives - The collaboration between Shengquan Group and Guangda Water has led to the development of a new biomass carbon source from waste liquid, increasing the utilization rate from 60% to 85% [3][5]. - The new carbon source reduces treatment costs by 20% compared to traditional sources, demonstrating significant cost savings and efficiency improvements [4][5]. - Shengquan Group's environmental department has shifted from a cost center to a revenue-generating unit, showcasing a successful transition in mindset towards circular economy principles [6][7]. Group 2: Systematic Circular Economy - The Diaozhen Chemical Industrial Park has established a resource exchange network, allowing waste from one company to serve as raw material for another, creating a closed-loop system [9][10]. - The park's approach includes utilizing industrial waste heat for district heating, providing a green solution for urban heating needs [10]. - In 2024, the park is projected to achieve sales revenue of 25.93 billion yuan, with an 8.73% year-on-year growth, indicating the economic benefits of the circular economy model [10]. Group 3: Broader Industry Impact - Shandong Province is actively implementing the national strategy for ecological protection and green development, with significant achievements in energy efficiency and the establishment of green factories and industrial parks [11]. - The province's efforts have resulted in a notable increase in the proportion of high-energy industries meeting efficiency benchmarks, exceeding targets set for the 14th Five-Year Plan [11].