市场全天震荡分化，三大指数涨跌不一。截至收盘，沪指涨0.27%，深成指跌0.11%，创业板指跌0.45%。沪深两市全天成交额1.46万亿，较上个交 易日缩量2534亿。 盘面上，市场热点较为杂乱，个股涨多跌少，全市场超3100只个股上涨。 01 30倍牛股突然杀跌！ 今天开盘，总市值近500亿的惠城环保凶猛杀跌，也一度冲上热股榜第一。而其股价也从2022年4月最低的8.17元，一度涨到251元，两年多时间 涨幅最高接近30倍。 消息上， 7月11日，在上市公司惠城环保的官方微信订阅号上，公司发文，宣告这个备受市场关注的"混合塑料炼化"项目已然成功试产。今天下 跌也被一些投资者解读为利好出尽。 惠城环保称，20 万吨 / 年废塑料裂解项目作为全球首个连续化、规模化废塑料化学循环利用示范项目，设计年处理混合废塑料 20 万吨，其产出 的塑料裂解气（PCG）、液化塑料裂解气（LPCG）和塑料裂解轻油（PCLO）等产品，将形成从"废塑料 → 循环化工原料 → 循环高端材料"的 绿色化工产业链条，极具经济与环保价值。 不过其估值相较于基本面，也仍存在隐忧。截止7月14日收盘，公司市盈率高达3162倍。 近三年公司营业收 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company has successfully completed trial production of its innovative mixed waste plastic resource utilization project, marking a significant milestone in addressing global plastic pollution [1][2] - The proprietary CPDCC technology developed by the company allows for high yield and efficient processing of mixed waste plastics, achieving a product yield of over 92% [1][2] - The project has the potential to significantly impact the chemical industry by converting waste plastics into high-value chemical raw materials, with the possibility of replacing 100 million tons of crude oil annually in China [2] Financial Summary - Revenue projections for 2025-2027 are estimated at 1.77 billion, 2.75 billion, and 4.20 billion yuan respectively, with corresponding net profits of 170 million, 500 million, and 880 million yuan [3] - The company is expected to experience substantial growth, with a projected revenue growth rate of 53.7% in 2025 and 53.0% in 2027 [4] - The company's P/E ratios are projected to decrease from 278.4 in 2025 to 54.4 in 2027, indicating improving profitability [3][4]