环保行业周报：中央推进农村绿色发展及生态改善，上海提出2026年底前基本实现固废近零填埋

Investment Rating - The report provides a "Buy" rating for the environmental sector, indicating a potential for significant returns compared to the market index [39]. Core Insights - The environmental industry is experiencing a shift towards sustainable practices, with initiatives such as Shanghai's goal to achieve near-zero landfill waste by the end of 2026 [24][26]. - The report highlights the importance of traditional environmental operations with stable profitability, suggesting that these companies may see a revaluation in their stock prices [30]. - New growth opportunities are emerging in the sector, particularly in areas like semiconductor waste gas treatment, which is expected to drive demand for innovative environmental solutions [30]. Summary by Sections Important Data Tracking - From January 20 to January 24, the national carbon market saw a trading volume of 55,800 tons, a 63.59% increase from the previous period [4]. - The closing price for carbon emission allowances was 93.43 CNY/ton, reflecting a slight decrease of 1.60% compared to the previous period [8]. Market Performance - During the period from January 20 to January 24, the A-share environmental index decreased by 0.34%, while the H-share environmental index fell by 0.98% [19]. - The overall A-share market saw a slight increase, with the Shanghai Composite Index rising by 0.33% [19]. Industry News - The central government is promoting green development in rural areas, emphasizing ecological improvements and sustainable agricultural practices [25]. - Shanghai's solid waste management plan aims for a significant reduction in landfill waste, targeting a total landfill volume of around 25,000 tons per year by 2026 [26]. Investment Recommendations - The report recommends focusing on companies with strong operational capabilities and cash flow, particularly those that can benefit from recent debt relief policies [30]. - Specific companies highlighted for investment include Hongcheng Environment, Hanlan Environment, and Weiming Environmental [30].