Core Viewpoint - Liyuan Technology has signed significant contracts with Northwest Electric Power Design Institute for water treatment systems in coal power projects, enhancing its market position and profitability [1][2]. Group 1: Company Developments - Liyuan Technology signed two contracts worth RMB 31.49 million and RMB 15.37 million for water treatment systems in coal power projects [1]. - The contracts will strengthen the company's leading position in the thermal power market and positively impact its business development and operating performance [1]. - The chemical water treatment system provided by the company is a core environmental protection equipment for coal power units, meeting high standards for wastewater recycling and carbon capture compatibility [1]. Group 2: Industry Context - The company has focused on the research, design, and integration of water treatment systems in nuclear and thermal power sectors, serving major energy groups like China National Nuclear Corporation and China Huaneng Group [2]. - The thermal and nuclear power markets in China are experiencing steady growth, with a significant increase in installed capacity and new nuclear projects approved [2]. - The demand for water treatment in the thermal power sector is expected to continue growing, driven by high coal power installation approvals and low-carbon transformation initiatives [2].