中科环保多项业务进展引关注，机构调研聚焦战略与分红

Core Viewpoint - Zhongke Environmental Protection (301175) is actively expanding its business in commercial aerospace collaboration, overseas market development, new project launches, technological innovation, and institutional attention [1] Business Progress - The company's subsidiary, Mianyang Zhongke, signed a cooperation framework agreement with Sichuan Xingji Hongluo Aerospace Power Co., Ltd. to collaborate on green low-carbon energy applications, specifically in the area of biogas production from kitchen waste to support aerospace power [2] Project Advancement - The company has signed a memorandum of cooperation for a municipal solid waste incineration power generation project with the governments of Uzbekistan's Andijan and Yangiyul cities. It has also been shortlisted as a supplier for environmentally friendly waste-to-energy projects in Indonesia, with plans to promote equipment sales and heavy asset investments in Southeast Asia and Central Asia. The Yuxi project is set to commence operations in May 2025, with other ongoing projects expected to be operational in 2026 and subsequent years. Through acquisitions of projects in Jinzhou and Guigang, the company's total capacity will increase to 20,900 tons per day [3] Product Development Progress - The company's self-developed "multi-effect integrated flue gas purification technology for waste incineration" has been included in the "National Encouraged Major Environmental Protection Technology Equipment Catalog (2025 Edition)," which can reduce operating costs and enhance emission standards, and has been demonstrated in some projects [4] Institutional Perspectives - Recent research by institutions such as Caixin Securities and Xinhua Fund has focused on the company's "green energy optimization" strategy and its expansion in heating services. Over the past 90 days, some institutions have given an upgrade rating [5] Company Status - A specific shareholder, Fucheng Haifutong Asset Management, plans to reduce its holdings in November 2025. Additionally, the company has committed to a cash dividend ratio of no less than 60% of net profit attributable to the parent company from 2024 to 2028, with an interim dividend already implemented in the first half of 2025 [6]