Core Viewpoint - Yongqing Environmental Protection has demonstrated robust performance in a complex market environment, focusing on the synergy between environmental protection and new energy, which lays a solid foundation for long-term high-quality development [1][3]. Financial Performance - For the reporting period, Yongqing Environmental Protection achieved revenue of 371 million yuan, a year-on-year increase of 13.60%, indicating continuous revenue growth [1]. - The company's net profit attributable to shareholders, excluding non-recurring items, increased by 89.64% year-on-year, showcasing strong resilience and enhanced core competitiveness in its main business [1]. Business Strategy - The growth of Yongqing Environmental Protection is driven by a multi-dimensional operational strategy, with solid waste disposal and new energy businesses serving as key growth engines [1]. - The company has established a global "pollution reduction and carbon reduction headquarters R&D center," becoming the first in Hunan province, which enhances its technological advantages in core areas such as flue gas treatment, soil remediation, solid waste resource utilization, and new energy [1][2]. - Yongqing Environmental Protection plans to deepen its focus on advantageous regions to achieve rapid growth in performance [1]. Future Business Focus - The company has clarified its core business segments, emphasizing the operation and management of high-quality green energy assets, including waste-to-energy, photovoltaic power generation, energy storage station operation, and microgrid construction [2]. - Yongqing Environmental Protection aims to develop a high-value resource recycling economy as a second growth driver, in line with the increasing demand for resource recycling [2]. - The company is also focusing on large-scale energy storage system construction and continuous technological and product innovation to enhance brand competitiveness and industry influence [2]. Technological Innovation - Yongqing Environmental Protection is actively exploring the application of emerging technologies such as artificial intelligence and big data, which are crucial for the transformation and upgrading of the environmental protection industry [2]. - The company is building a data governance system and analysis platform to improve waste-to-energy efficiency, optimize environmental law enforcement, and enhance pollution control efficiency in industrial enterprises [2]. Policy Support - Recent policies from the central government aimed at promoting green low-carbon transformation and strengthening the national carbon market provide strong momentum for the company's development [3]. - The favorable policy environment is expected to open up broader market opportunities for Yongqing Environmental Protection's focus on energy asset operation and resource utilization [3]. - Analysts believe that the company's steady growth in the first half of the year validates its business model and market competitiveness, positioning it well to seize opportunities in the integrated development of environmental protection and new energy [3].

Core Viewpoint - Yongqing Environmental Protection Co., Ltd. has demonstrated robust performance in a complex market environment, achieving significant growth in revenue and net profit, driven by its multi-dimensional operational strategy and focus on environmental and new energy sectors [1][2][3] Financial Performance - The company reported a revenue of 371 million yuan, a year-on-year increase of 13.60% - Net profit reached 71.73 million yuan, reflecting a growth of 4.96% - The non-recurring net profit was 39.51 million yuan, showing a substantial increase of 89.64% [1] Business Strategy - The growth engines for the company are solid waste disposal and new energy businesses, supported by refined cost control and optimized asset management - The establishment of a global "pollution reduction and carbon reduction headquarters R&D center" positions the company as a leader in differentiated technology in key areas such as flue gas treatment and soil remediation [1][2] Market Positioning - The company has formed long-term partnerships with major industry clients and completed strategic regional layouts in key areas such as Guangdong, Zhejiang, and Jiangsu - Future plans include deepening efforts in advantageous regions to achieve rapid performance growth [1][2] Future Focus - The company will concentrate on the operation and management of high-quality green energy assets, including waste-to-energy, photovoltaic power generation, and energy storage systems - There is a commitment to developing a circular economy as a second growth driver, alongside a focus on large-scale energy storage systems and continuous technological innovation [2] Policy Environment - The recent policy from the central government aims to promote green low-carbon transformation and strengthen the national carbon market, creating a favorable environment for the company's energy asset operations and resource utilization [3] - The combination of steady growth in the first half of the year and supportive national policies positions the company well for future development in the environmental and new energy sectors [3]

永清环保表示，公司明确了未来主要聚焦的核心业务板块。首先是优质绿色能源资产的运营管理，具体 涵盖垃圾焚烧发电、光伏发电、储能电站运营及微电网建设等领域，这一板块与国家绿色能源发展战略 高度契合，且公司已在相关领域积累了丰富的技术与运营经验。同时，随着资源循环利用需求的不断提 升，公司将发展高值资源化循环经济，打造循环经济第二增长极。另外，公司将重点聚焦大储能系统建 设，持续深化技术和产品创新，通过有效的资本运作，增强企业品牌竞争力和行业影响力。 业务层面，固废处置与新能源业务构成了双增长引擎，叠加精细化费用控制、资产管理优化，实现了运 营效率与盈利能力的同步提升。 技术层面，全国民营企业中率先创立、湖南省首家全球"减污降碳总部研发中心"落地永清环保，公司在 烟气治理、土壤修复、固废资源化、新能源等核心领域形成差异化技术优势，依托"双碳"机遇深化环保 与新能源业务融合。 同时，公司大客户战略与区域布局成效显现，与行业大客户建立长期合作保障需求，在广东、浙江、江 苏等重点区域完成布局。下一步，公司计划深耕优势区域，实现业绩快速增长。 未来核心业务与新兴技术探索方向 8月28日晚间，永清环保（300187.SZ）发 ...

Business Direction and Development - The company focuses on two main business segments: quality energy asset management (including waste-to-energy, photovoltaic power generation, energy storage, and microgrid construction) and resource utilization, particularly the recovery of rare and precious metals. The company has established a presence in key regions such as Zhejiang, Shenzhen, and Hunan, with plans for nationwide expansion [1]. - In 2025, the company will concentrate on quality energy asset management and resource utilization, with key areas in the Pearl River Delta, Yangtze River Delta, and Hunan. The new energy engineering business will include wind power, photovoltaic, energy storage, and microgrid projects, while the environmental business will focus on soil remediation, air pollution control, and landfill management [1]. Market Expansion and Competitive Advantages - The company is expanding its dual-carbon business, leveraging competitive advantages such as a short decision-making chain, rapid deployment capabilities, and agile project management. It offers comprehensive services including new energy project investment, construction, operation, and carbon asset management [2]. - The company has accumulated a large number of high-quality clients and will continue to pursue a major client strategy, focusing on high-energy-consuming clients in need of low-carbon transformation [2]. - Innovative business models are being explored, such as integrating photovoltaic with microgrids and waste-to-energy with data assets, to secure quality project resources [2]. Financial Performance - In 2024, the company achieved a revenue of CNY 760.21 million, a year-on-year increase of 17.71%. The net profit attributable to shareholders was CNY 98.29 million, up 23.10%, with a significant increase of 112.66% in net profit after deducting non-recurring gains and losses [8]. - The profit distribution plan for 2024 includes a cash dividend of CNY 0.90 per 10 shares, based on a total share capital of 645,622,165 shares [9]. Research and Development Focus - Future R&D efforts will focus on high-value rare and precious metal resource utilization and the application of source-network-load-storage systems, ensuring the advancement and practicality of related technologies [10]. Competitive Edge and Strategic Partnerships - The company maintains core competitiveness through national-level technology platforms and a range of competitive core technologies in soil remediation, ultra-low emissions, and waste-to-energy [4][5]. - The company has extensive project experience and management capabilities, with stable operations in various waste treatment projects, contributing to urban development [6]. - Strategic partnerships with high-end clients and cooperation with state-owned enterprises and leading private companies enhance the company's service capabilities in providing dual-carbon consulting and comprehensive services [7].