环保行业周报：工信部确定钢铁产能超低排放改造目标，生态环境部发文助力高水平建设美丽中部

Investment Rating - The report maintains the investment suggestion for the environmental protection industry [2] Core Viewpoints - The Ministry of Industry and Information Technology has set a target for over 80% of steel production capacity to complete ultra-low emission transformation by 2027, emphasizing the upgrade of equipment and the application of advanced technologies [3][33] - The environmental protection sector is experiencing a divergence, with traditional companies showing "low valuation, high dividend" characteristics, while new industries are emerging, creating growth opportunities [5][39] Summary by Sections Important Data Tracking - From September 23 to September 27, 2024, the national carbon market saw a trading volume of 1.1275 million tons, a significant increase of 434.97% compared to the previous period [13] - The closing price for carbon emission allowances was 99.16 yuan/ton, reflecting a 4.44% increase compared to the previous period [13] Sector Performance - During the same period, the A-share environmental protection index rose by 13.31%, while the H-share index increased by 10.81% [21] - The A-share environmental protection sector's PE (TTM) valuation stands at 17 times [21] Industry News - The Ministry of Ecology and Environment has issued guidelines to promote high-level ecological protection and green development in central China, outlining 19 specific tasks [33] - The report highlights the importance of upgrading equipment in the steel industry to achieve energy efficiency and reduce emissions [33] Key Company Announcements - Longking Environmental reported significant shareholding changes, with its major shareholder increasing its stake [34] - Wangneng Environment signed contracts for a project in Thailand worth approximately 3.94 billion yuan [35] Investment Recommendations - The report suggests focusing on companies with strong operational capabilities and those that are well-positioned for growth in emerging environmental sectors [39] - Recommended companies include Hongcheng Environment in water treatment, and Huanlan Environment and Weiming Environment in solid waste treatment [39]