Group 1 - The core viewpoint of the article highlights that Huaki Environmental (300929) has capabilities in various engineering sectors, particularly in water conservancy projects [1] - The company's subsidiary, Anhui Yinteng Intelligent Control Co., Ltd., possesses qualifications in electromechanical installation, labor services, and certifications for low and high voltage distribution systems, automatic control systems, security systems, communication systems, and smart water conservancy [1] - Some of these systems have already been applied in multiple water conservancy engineering projects, indicating the company's active involvement in this sector [1]

Core Viewpoint - The merger and acquisition plan of China Nuclear Technology has been terminated due to changes in market conditions and the actual situation of the target company, which were different from the initial planning stage [2][3]. Group 1: Transaction Details - China Nuclear Technology announced the termination of the share issuance for asset acquisition and related fundraising on July 7 [2]. - The original plan involved acquiring 100% of the shares of China Nuclear Western Instrumentation from various stakeholders, including China Nuclear Engineering and Guohua Development [2]. - The transaction was expected to constitute a significant asset restructuring, enhancing the integration of resources within the nuclear equipment manufacturing sector [3]. Group 2: Financial Performance of Target Company - China Nuclear Western Instrumentation reported revenues of 1.149 billion, 1.324 billion, and 663 million for the years 2022, 2023, and the first nine months of 2024, respectively [3]. - The net profits for the same periods were 177 million, 164 million, and approximately 81.6 million [3]. Group 3: Company Communication and Future Plans - China Nuclear Technology stated that the decision to terminate the transaction was made after careful consideration and communication with the counterparties, ensuring no adverse impact on the company's operations or financial status [3]. - An investor briefing will be held on July 10 to discuss the termination of the transaction and engage with investors [4].