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国补退坡怎么办?垃圾焚烧、“绿热”改造,在手项目预增5成,看中科院子公司打样!
市值风云·2025-06-25 10:05

Core Insights - The article discusses the challenges faced by waste incineration companies in China as government subsidies are gradually phased out for both new and existing projects, leading to concerns about profitability [3][4]. - Companies are increasingly focusing on expanding their heating supply business, referred to as "green heat," as a strategy to compensate for the loss of subsidies [3][4]. Industry Overview - Since 2021, new waste incineration projects have adopted a bidding system for grid connection, with national subsidies being gradually withdrawn [3]. - Existing projects will also lose subsidies after 15 years of operation or after reaching 82,500 operational hours, creating a significant profitability gap for companies [3]. Company Performance - Leading company, China Everbright International (0257.HK), processed approximately 56 million tons of waste in 2024, with a year-on-year growth of only 7%, while its heating supply reached nearly 6 million tons, showing a substantial year-on-year increase of 37% [3]. - Other notable companies in the A-share market, such as Hanlan Environment (600323.SH), Energy Conservation Environment (300140.SZ), and Green Power (601330.SH), reported heating supply volumes of 1.48 million tons, 1.44 million tons, and 560,000 tons respectively, with year-on-year growth rates of 35%, 34%, and 31% [3][4].