Core Viewpoint - Tianjin Chuangye Environmental Protection Co., Ltd. reported a revenue increase of 1.7% year-on-year for the first three quarters of 2025, reaching 3.447 billion RMB, and a net profit increase of 3.59%, amounting to 702 million RMB [1] Company Performance - The company's stock price rose over 8% in early trading, stabilizing at a 3.93% increase, priced at 4.5 HKD, with a trading volume of 99.488 million HKD [1] - The company announced an investment in the second phase of the Xi'an Road sewage treatment plant relocation project, with a designed sewage treatment capacity of 150,000 tons per day [1] Industry Insights - According to Huatai Securities, the core business of the company focuses on water treatment and water resource utilization, with sewage treatment business revenue and net profit contributions exceeding 76% in 2024, ranking fifth in market share within the industry [1] - Future projects are expected to enhance sewage treatment volume and unit price, indicating potential growth [1] - The H-share dividend yield is projected to reach 5.2% by 2025, making it attractive for investors, with both A and H shares maintaining a "buy" rating [1]