大禹节水：公司全国、全产业链布局已完成

Core Insights - The company, Dayu Water-saving, is recognized as a leading private player in the agricultural water conservancy sector, emphasizing its dominant market position [1] - Recent increases in sales and management expenses are attributed to the company's efforts to complete a nationwide and full industry chain layout, which has led to a decline in project gross margins due to intensified market competition [1] - The company has completed its national and full industry chain layout, indicating that sales and management expenses are expected to stabilize moving forward [1] - The government is enhancing its investment policies in the water conservancy and agriculture sectors, with several significant policies introduced to support future order and revenue growth for the company [1] Government Policies - The government has rolled out key policies such as the "Implementation Plan for Gradually Transforming Permanent Basic Farmland into High-Standard Farmland" and the "Accelerated Construction of an Agricultural Powerhouse Plan (2024-2035)" [1] - These policies are designed to strengthen the market environment and provide a solid foundation for the company's future growth in orders and revenue [1]