Grandblue Environment (SH:600323) Nan Fang Du Shi Bao·2025-12-26 13:48Core Insights - The 2025 Solid Waste Strategic Forum opened in Beijing, highlighting the ongoing transformation and strategic transition in the solid waste industry as it approaches the "15th Five-Year Plan" [2][5] Industry Overview - The solid waste industry is undergoing profound changes, with a focus on technological independence and industrial strength, as well as the need to align with national dual carbon strategies and resource security [2][5] - The past fifteen years have been characterized by a relatively certain growth phase, while the next decade is expected to be marked by uncertainty and the need to explore new development spaces [5][6] Historical Context - The "12th" and "13th Five-Year Plans" represented a "golden decade" for the solid waste industry, driven by policies, scale expansion, and project dominance [6][7] - The "14th Five-Year Plan" marks a shift to a stock market phase, focusing on quality improvement and efficiency [6][7] Future Outlook - The next decade is seen as a critical period for global restructuring and the transition of new and old driving forces, with the "15th Five-Year Plan" serving as a bridge to achieve long-term goals [8][10] - Key strategies for the solid waste industry include leveraging technological innovation, policy transformation towards ecological value, and shifting from scale expansion to efficiency and value creation [8][10] Company Strategy - The company, Hanlan, aims to drive innovation through a dual business model of "basic business" and "pan-green business," focusing on both enhancing existing operations and exploring new green business opportunities [13] - Hanlan has been recognized for its contributions to high-quality industry development and will continue to lead initiatives in the solid waste sector [13]