Core Viewpoint - The company, Shen Shui Gui Yuan (301038), specializes in providing professional technical services for water engineering, including surveying design, planning consulting, and project operation management [1] Group 1: Company Overview - The company holds various qualifications, including Class A in engineering design for the water conservancy industry and comprehensive Class A in engineering surveying, as well as Class B in engineering design for hydropower (including pumped storage and tidal power) [1] - The company has been active in the Tibet water conservancy market for several years and has established a branch in Lhasa [1] Group 2: Recent Developments - Recently, the company has been closely monitoring information related to the Yaxia Hydropower Station but has not yet participated in the construction of related projects [1] - The company plans to actively track the progress of the Yaxia Hydropower Station project and aims to participate in its construction in the future [1]

Group 1 - The core viewpoint of the news is the significant stock price surge of Shenzhen Water Planning Institute (深水规院), driven by the renewed interest in the "Yarlung Tsangpo River Hydropower" concept, with the stock hitting a 20% limit up and achieving a cumulative increase of over 90% since July 21 [2][5][6] - As of the close on July 29, the company's stock price was reported at 30.67 yuan per share, with a total market capitalization of 6.842 billion yuan and a trading volume of 1.052 billion yuan [2][3] - The company specializes in providing surveying, design, planning consulting, and project management services for water engineering, holding various qualifications in the water conservancy and hydropower sectors [2][5] Group 2 - In terms of financial performance, the company reported total operating revenue of 855 million yuan for 2024, reflecting a year-on-year growth of 11.14%, while net profit attributable to shareholders surged by 278.10% to 52.83 million yuan [5] - However, the first quarter of the current year showed a decline in performance, with total operating revenue of 96.52 million yuan, down 11.40% year-on-year, and a net loss of 29.46 million yuan, a decrease of 125.25% compared to the same period last year [5] - The company has experience in water surveying and design, particularly in relation to the Yarlung Tsangpo River hydropower project, which has a total investment of approximately 1.2 trillion yuan and aims to construct five hydropower stations with a total installed capacity of 60 to 81 million kilowatts [5][6]

Group 1 - The company's stock experienced a significant price fluctuation, with a cumulative deviation of over 100% in closing prices from July 21 to July 24, 2025, indicating severe abnormal trading conditions [1] - There is heightened market attention on the Yarlung Tsangpo River downstream hydropower project, which may impact the company's operations [1] - The company specializes in providing surveying design, planning consulting, and project operation management services for water engineering, holding various qualifications in the water conservancy and hydropower sectors [1] Group 2 - The company has not participated in the construction of the Yarlung Tsangpo hydropower station but is closely monitoring related business information [1]