值得关注的是，该模式精准契合国家"美丽河湖"建设战略导向，以"AI+环保"为核心构筑差异化竞争 力，成为其赢得市场的关键。依托"美人鱼——智慧化诊断平台"与"富营养化湖库中宇宙数字孪生诊验 系统"，公司实现湖泊状态"全息透视"，精准模拟治理效果，结合"河口清"入湖河口增量淤泥智能精准 清除平台，精准落地"一湖一策"科学治理，破解行业治理痛点。 模式落地离不开核心技术支撑，公司明星产品"深潜式高压灭藻成套装备"2025年加速放量，全年验收交 付13套，直接驱动收益大幅增长。该装备凭借自主研发的加压控藻技术，以物理方式抑制蓝藻活性，兼 具大通量、低能耗、无二次污染优势，技术集成度行业领先，规模化应用有效拉动营收攀升、优化盈利 结构，提升了公司整体毛利水平。 治理成效的持续落地，更印证了模式价值。2025年，云南省异龙湖、杞麓湖全湖水质双双"脱劣"，德林 海凭技术治理成果，获石屏县、通海县政府的锦旗与感谢信表彰；同年10月，云南省委副书记、省长王 予波调研异龙湖时，实地肯定了公司高压控藻试点项目的成效。此外，公司圆满完成上海世艇赛蓝藻应 急治理任务，彰显技术硬实力与应急处置能力。 2026年1月29日，国内蓝藻治理 ...

Core Insights - The leading company in the blue algae management sector, Delinhai (688069.SH), reported significant growth in its Q3 2025 performance, driven by favorable national policies and a strong alignment with development goals [1][2] Financial Performance - For the first three quarters, the company achieved a revenue of 293 million yuan, remaining stable year-on-year; net profit attributable to shareholders reached 45.64 million yuan, marking a 61.87% increase, while the net profit excluding non-recurring items rose by 66.45% to 36.40 million yuan [1] - In Q3 alone, the company generated 185 million yuan in revenue, a remarkable year-on-year increase of 94.96%; net profit soared to 48.73 million yuan, reflecting a staggering growth of 1323%, and net profit excluding non-recurring items surged by 1540% to 47.13 million yuan [1] Project Developments - The company completed significant projects in Q3, including the design and construction of the Qiluo Lake blue algae control project and the procurement of deep well algae control equipment in Yixing, confirming market recognition of its technology and model [2] - The company has an order backlog of approximately 501 million yuan, highlighting its competitive edge in blue algae management technology [3] Technological Advancements - Delinhai has established a comprehensive technology system focusing on "whole lake management + smart platform + resource utilization," effectively promoting the transformation of "green mountains and clear waters" into "golden mountains and silver mountains" [3] - The company’s core technology, the "deep pressure algae control device," has been recognized as a crucial method for addressing blue algae blooms and nutrient pollution in lakes [3] Recognition and Brand Influence - The company received accolades for its technical capabilities, including a second-class award for scientific and technological progress in Yunnan Province [4] - Delinhai showcased its expertise during the 2025 Shanghai World Rowing Championships, where its algae control vessel operated for over 20 days, treating more than 15,000 cubic meters of water, further enhancing its brand reputation [4] International Expansion - Delinhai has begun international operations, partnering with South Korea's National Blue Algae Management Committee to promote localized improvements of its algae control technology [5] - The company aims to establish a multi-dimensional promotion system for its technology in South Korea, leveraging its experience and success in domestic projects to facilitate international business development [5]