Group 1 - The core theme of the 2025 Environmental Services Exhibition at the Service Trade Fair is "Green Productivity Empowering the Earth" [1] - The exhibition will cover three main areas: special exhibition areas, conference forums, and green innovation models, providing a platform for global environmental service exchange and cooperation [1][5] - The exhibition area will span 6,600 square meters and has attracted over 50 participating companies, including 16 Fortune 500 and industry-leading firms, showcasing a collaborative display of the entire industry chain [3] Group 2 - The exhibition will focus on three core fields: new energy and low-carbon services, environmental ecology and circular economy, and green digital technology, highlighting cutting-edge technologies and application cases [3] - A total of nine forums will be held during the event, including thematic forums on ecological and environmental services, meteorological economy, and global green economic development [3] - The 2025 Beijing Water Technology Innovation Conference will take place on September 11, focusing on sustainable development strategies in the water sector [4] Group 3 - The event aims to leverage Beijing's resources as an international communication and technology innovation center to create a globally influential "Beijing Service" brand [5] - The exhibition will showcase nearly 30 innovative achievements, including smart water management systems and AI waste incineration technology, covering ecological protection, pollution prevention, and low-carbon transformation [5] - The initiative will promote the integration of "Beijing Service" with national strategies such as coordinated development in the Beijing-Tianjin-Hebei region and carbon peak and neutrality goals, contributing to global environmental governance [5]

上半年已完成供水管网更新改造超500公里 供水管网，被誉为"城市的生命线"。据统计，截至目前，东莞水务环境集团已投资超15亿元，改造全市老旧供水管网超3000公里。 下一步，东莞水务环境集团将持续完善供水体系，加强智慧水务建设，提升"双水源"保障水平，为东莞"百千万工程"保驾护航。 其中，2025年管网改造工作已在全市范围（除常平、清溪外）开展，主要实施区域为东城、中堂、石碣、高埗、望牛墩、厚街、虎门、横沥、桥头、谢岗、 大朗、松山湖等镇街。今年上半年，已完成供水管网更新改造超过500公里，切实解决管道老化爆漏、水黄、水压低等问题，提升市民用水品质。 2024年污水处理总量23.63亿吨 近日，东莞水务环境集团党委书记、董事长周峰带队做客"阳光热线"，围绕"护航水安全，改善水生态，保障水民生"主题，回应群众关切的水务问题。南都 N视频记者了解到，截至目前，东莞水务环境集团已投资超15亿元，改造全市老旧供水管网超3000公里。 市污泥集中处理处置项目将于明年投产 在污泥处理方面，目前，东莞水务环境集团建成污泥分散脱水减量能力达3720吨/日。 此外，为彻底破解全市生活污水处理厂污泥处理处置难题，东莞市委、市政府 ...

Group 1: Company Overview and Product Line - Maito Instrument Co., Ltd. specializes in smart water metering and smart thermal metering, with a product range covering nearly a thousand specifications and models [3][4] - Key products include ultrasonic water meters, ultrasonic flow meters, smart fire hydrants, and smart flow control valves, along with proprietary management software and smart water management platforms [4][5] Group 2: Market Position and Competitive Advantages - The company holds a significant market share in the ultrasonic water meter sector due to its early entry and extensive application experience, with stable operation cases exceeding 10 years [5] - Core competitive advantages include proprietary technology in ultrasonic sensors and software platforms, leading to cost advantages and high measurement accuracy [5] - The company emphasizes a dual strategy of technology and marketing to maintain its competitive edge amidst market pressures [6][7] Group 3: International Market Expansion - The company is actively expanding into overseas markets, having obtained EU MID factory certification and CE qualification, although the sales cycle is longer due to customization and stringent technical requirements [8] - Participation in international exhibitions is part of the strategy to enhance market visibility and promote products [8] Group 4: Marketing Strategies and Plans - The company is developing marketing strategies to quickly capture market share, including recruiting high-end technical talent and expanding the sales team [9] - A "triangular" sales model combining sales, technology, and after-sales service is being implemented to explore new sales territories [9] Group 5: Smart Water Management Initiatives - The company has developed a comprehensive smart water management service platform that integrates various operational modules to address data silos and support decision-making [10] - The platform provides key operational metrics such as leakage rates, sales discrepancies, and energy consumption, along with automated reporting capabilities [10]

股票简称：漳州发展 股票代码：000753 福建漳州发展股份有限公司 论证分析报告 二〇二五年八月 （本报告中如无特别说明，相关用语具有与《福建漳州发展股份有限公司 2025 年度向 特定对象发行 A 股股票预案》中相同的含义） 福建漳州发展股份有限公司（以下简称"漳州发展"或"公司"）是深圳 证券交易所主板上市公司。为满足公司业务发展的资金需求，增强公司的资本 实力和盈利能力，根据《公司法》《证券法》和《上市公司证券发行注册管理 办法》等有关法律、行政法规、部门规章或规范性文件和《公司章程》的规定， 公司拟通过向特定对象发行股票的方式募集资金总额不超过 105,000.00 万元 （含本数），扣除发行费用后将用于：（1）漳州市台商投资区厂网河湖一体化 生态综合整治项目（EPC+O）；（2）漳州市第三自来水厂扩建工程；（3）漳 浦盐场 100MW（128.6MWp）渔光互补光伏发电项目；（4）补充流动资金。 一、本次向特定对象发行 A 股股票的背景和目的 （一）本次向特定对象发行的背景 "十四五"时期，随着供排水由规模化向系统化的发展升级，提质增效降 低漏损率、推行智慧水务将成为推动供水行业技术变革和高质量发 ...

Core Viewpoint - Fujian Zhangzhou Development Co., Ltd. plans to issue A-shares to specific investors in 2025, aiming to raise funds for ecological and renewable energy projects, aligning with national environmental goals and enhancing its market position [1][12][14]. Group 1: Issuance Details - The company intends to issue no more than 30% of its total shares, which amounts to a maximum of 297,444,321 shares based on the current total of 991,481,071 shares [5][22]. - The issuance will target up to 35 specific investors, including the controlling shareholder, Zhanglong Group, which has committed to purchasing at least 20% of the total shares issued [2][16]. - The final issuance price will be no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3][17]. Group 2: Fund Utilization - The total amount to be raised is capped at 1,050 million yuan, with net proceeds allocated to projects such as the ecological comprehensive remediation project and a 100MW photovoltaic project [20][21]. - The ecological project aims to improve urban water quality and enhance the city's environmental standards, while the photovoltaic project will expand the company's renewable energy capacity [12][15]. Group 3: Strategic Context - The issuance aligns with national strategies for ecological civilization and carbon neutrality, positioning the company to capitalize on the growing demand for water resource management and renewable energy solutions [14][15]. - The company aims to leverage its core competencies in water resource development and management to enhance its competitive edge in the market [12][14]. Group 4: Financial and Operational Impact - Post-issuance, the company's total assets and net assets are expected to increase, improving its financial structure and operational capacity [15][20]. - The funds raised will support the company's strategic initiatives, ensuring timely project completion and enhancing overall profitability [14][15].

"宁创新品"应用场景观摩会聚焦生活污水"重生之旅" "连闯三关"后"蝶变"，污水目测近似自来水 □ 南京日报/紫金山新闻记者 徐宁 每天，南京的生活污水究竟去哪儿了？7月29日下午，烈日炎炎下的江心洲生态科技岛上，80余名来自 市工信局、市生态环境局、市水务局、市绿化园林局、市城建集团、市水务集团等部门的工作人员及相 关领域企业代表，通过"宁创新品"南京市应用场景观摩会（智水清源专场），一起走进江心洲污水处理 厂探寻答案。 "大家看，这片池子里的水，经过沉砂池隔离掉大块异物、垃圾后，还是黑乎乎、带着异味的生活污 水。"在第一站"三期生化池"，顺着江苏金陵环境股份有限公司工作人员的指向，观摩团成员俯身看向 面前的4座生化池，每座长186米、宽33米，12台伞形立式搅拌器不知疲倦地转动，浑浊的池水激烈翻 滚，水面泛起细碎泡沫。 这里是污水"净化之旅"的第一站。在厌氧、缺氧、好氧等3个功能"战区"，正上演着微生物的"歼灭 战"。"作用是降解有机物，并同步实现脱氮除磷，达到净化污水的目的。"江苏金陵环境股份有限公司 技术研发中心主任刘煜向观摩团介绍，池内配有溶解氧、污泥浓度及氨氮等仪表，屏幕上跳动的数字记 录着污水的 ...

Group 1 - The article emphasizes the importance of understanding and implementing the new national standards for drinking water, specifically GB5750-2023, to avoid confusion and execution loopholes [2] - It highlights the challenges in the intelligent control of wastewater treatment plants and offers strategies for process optimization and cost control driven by data [2] - The article discusses the hidden pollution risks in drinking water, such as microplastics and resistant genes, and presents rapid detection technologies and emergency response plans to enhance safety from source to tap [2] Group 2 - It provides a comprehensive guide for instrument selection, ensuring precise monitoring instruments are matched to specific scenarios [2] - The article outlines the golden rules for sample pretreatment and the construction of water quality diagnosis models to eliminate the cycle of inaccurate data and ineffective solutions [2]

Core Viewpoint - The central urban work conference in 2025 emphasizes the importance of green and low-carbon urban infrastructure, highlighting the need for enhanced drinking water source protection and new pollutant management, which positions smart water management as a breakthrough for improving urban water systems [1] Group 1: Policy and Industry Context - The conference calls for the construction of a safe urban infrastructure and the upgrading of old pipelines, with a focus on county-level water supply infrastructure to enhance urban-rural integration [1] - Smart water management is identified as a key area for improving the efficiency and quality of urban water systems, aligning with national policy directives [1] Group 2: Company Initiatives - Qianjiang Water Conservancy (600283) is actively responding to policy initiatives by investing in technological innovation to create a digital and intelligent water supply system from source to tap [1] - The recent launch of an AI customer service system by Zhoushan Water Company marks a significant step in digital operations, enhancing communication and service efficiency for drinking water safety [2] Group 3: Technological Advancements - The AI customer service system aims to address public concerns and improve service efficiency, achieving a call connection rate of over 84% within 30 seconds during trial runs [2] - AI technology is being utilized for water quality assurance, with automated inspections and real-time monitoring of critical parameters to ensure compliance with national standards [2][3] Group 4: Comprehensive Water Quality Monitoring - The collaboration with the municipal disease control center has led to the establishment of a "smart water defense line," enabling cloud-based monitoring of water quality from source to tap [3] - The implementation of AI and cloud monitoring systems provides real-time data transparency, enhancing public trust in drinking water safety [3] Group 5: Future Directions - Qianjiang Water Conservancy plans to continue increasing investment in technological innovation, further integrating AI into water management to ensure safe drinking water for all citizens [3]

Company Overview - Beijing Enterprises Water Group was established in 2008, focusing on wastewater and reclaimed water treatment, water supply services, water environment governance construction, technical and consulting services, equipment sales, and urban resource services [1] - The company is transitioning to a light asset operation model, with engineering business continuously shrinking, leading to a projected gross profit margin of 6.4% by 2024 [1] - As of the end of 2024, Beijing Holdings will hold 41.1% of the company's shares, with the actual controller being the Beijing State-owned Assets Supervision and Administration Commission [1] Financial Highlights - Capital expenditure is expected to decrease to 4.11 billion HKD in 2024, a year-on-year reduction of 2.89 billion HKD, while maintaining stable dividends with a dividend per share of no less than 0.157 HKD since 2021, resulting in a projected dividend yield of 6.22% for 2024 [1] - The company has experienced profit fluctuations over the past three years due to the sale of joint ventures and impairment provisions, but the increase in operational proportion is expected to enhance future earnings stability [3] Industry Analysis - The water supply and wastewater treatment sectors are projected to have a compound annual growth rate (CAGR) of 0.37% and 1.2% from 2025 to 2027, respectively [2] - The competitive landscape shows a trend of regional monopolies coexisting with national leaders, with the company holding a market share of 1.8% in water supply and 8.2% in wastewater treatment as of 2023 [2] - The company has reduced its uninvested capacity since 2022, with operational capacity expected to reach 33.84 million tons per day by the end of 2024, resulting in a capacity elasticity of 29.2% [2] Pricing and Revenue - Since November 2023, some cities have increased the basic water price for residential use by an average of 0.36 HKD per ton, reflecting a 21.3% increase, which may benefit the company's relatively stable water pricing [2] - The company's revenue from water environment governance construction services is projected to decrease, with the share of profit from comprehensive governance projects and BOT water projects expected to drop to 7.8% and 4.6%, respectively, by 2024 [2] Profit Forecast - The company is expected to achieve a net profit attributable to shareholders of 1.66 billion HKD, 1.70 billion HKD, and 1.71 billion HKD for the years 2025 to 2027, with a projected dividend growth of 3% from 2024 [3] - The anticipated dividend yields for 2025, 2026, and 2027 are 6.4%, 6.6%, and 6.8%, respectively, supporting a "buy" rating for the stock [3]

Core Viewpoint - The control change at Shankang Intelligent marks the entry of a leading company in the smart water industry into the state-owned capital era, with Hubei Changjiang Aerospace Investment acquiring a 19.7% stake for 571 million yuan [1] Business Overview - Shankang Intelligent has over 20 years of experience in the water information technology sector, establishing a comprehensive business matrix covering "smart water supply, smart sewage, smart water conservancy, and direct drinking water" [2] - Key products include: - Smart hardware: Full range of smart remote water meters and solutions [2] - IoT platform: Smart metering cloud platform, leakage control systems, and smart water plant platforms [2] - Smart water conservancy products: Digital twin applications and operational management matrices [2] - The company's water network control machine products have shown rapid growth rates of 33.99%, 20.52%, and 6.49% over the past three years, maintaining a gross margin around 60% [2] National Capital Empowerment - The smart water industry faces increasing financial pressure on local governments, with Shankang Intelligent's Q1 2025 revenue down 17.62% and net profit down 43.28% due to delayed project bidding [3] - The entry of state capital is timely, providing: - Resource synergy: Collaboration with Wuhan Aerospace New City for market expansion in Central China [3] - Policy benefits: Participation in "smart city + digital twin" projects in the New District of Wuhan [3] Market Outlook - Analysts suggest that with state capital involvement, the company may accelerate industry consolidation through acquisitions, particularly in emerging fields like smart water conservancy and digital twins [4] - The smart water service system market in China is projected to grow from 2.28 billion yuan in 2024 to 3.91 billion yuan by 2029, with a compound annual growth rate of 9.12% [4] - The integration of capital and industry may provide a new model for the intelligent upgrade of traditional manufacturing, with Shankang Intelligent poised for a new phase of value reassessment [4]