Group 1 - The core viewpoint of the news is the strategic partnership established between Jinko Environment and China Pacific Insurance (Hong Kong) Investment Management, focusing on the development of the new water island® product and promoting sustainable water resource management through financial technology [1][3] - Jinko Environment aims to provide comprehensive solutions throughout the project lifecycle, leveraging AI and advanced technologies to create a sustainable water recycling system that relies on 70% recycled water and 30% fresh water [2][3] - The new water island® product features a dual-mode architecture for digital management, aligns with international ESG standards, and offers predictable cash flows, making it an attractive investment opportunity [3] Group 2 - China Pacific Insurance (Hong Kong) Investment Management is the only overseas investment management institution of China Pacific Insurance Group, holding multiple licenses for securities trading and asset management, and aims to build a professional financial investment management platform [1] - The partnership will leverage the financial expertise of China Pacific Insurance (Hong Kong) to enhance the application of innovative financial technology tools and new financing services in sustainable water resource industries [3]

Group 1 - Jin Ke Environment (688466) has signed a Strategic Cooperation Memorandum with China Pacific Insurance Asset Management (Hong Kong) to establish a strategic partnership [2] - The partnership aims to leverage financial technology to promote the digital transformation and productization of sustainable infrastructure, specifically in the water resource sector [2][3] - The collaboration will contribute to the construction of a sustainable water circulation system, providing high-quality water resources that are sufficient, reliable, and affordable [2][3] Group 2 - Jin Ke Environment's core product, New Water Island®, integrates AI algorithms and various advanced technologies for deep water treatment and resource recovery [3] - New Water Island® features a dual-mode architecture for digital management throughout its lifecycle, supporting real-time verifiable operational data [4] - The asset aligns with international ESG standards and aims to enhance long-term valuation through quantifiable environmental benefits, providing stable cash flows and predictable returns for investors [4] Group 3 - The partnership will focus on innovative financial technology tools and new financing services to support high-quality development in multiple sustainable water resource industries [4] - Jin Ke Environment's strategy emphasizes a sustainable water cycle where 70% of water comes from high-quality recycled water and 30% from fresh water [3] - The collaboration is expected to enhance the operational safety, risk control, and compliance processes in the financial sector [4]

Core Viewpoint - Jinko Environment Co., Ltd. has received "buy" ratings from Dongwu Securities and Huatai Securities, with Founder Securities initiating coverage with a "recommended" rating following the release of its 2024 annual report and 2025 Q1 report [2] Financial Performance - In 2024, Jinko Environment achieved operating revenue of 617 million yuan, an increase of 7.74% year-on-year [2] - In Q1 2025, the company's revenue grew by 17% year-on-year to 129 million yuan, with net profit attributable to shareholders increasing by 33% [2] - As of the end of March 2025, Jinko Environment had an order backlog of 709 million yuan, indicating steady growth in B-end orders [2] Strategic Initiatives - The company is deepening its strategy of "resource utilization, AI intelligence, and productization," with the New Water Island® project accelerating implementation and expanding applications in industrial scenarios [2][3] - The New Water Island® 2.0 product has secured multiple orders, including projects in Wuxi, Zhoushan, Kaifeng, and Taiyuan, each with significant capacities [3] - The Water Radish® AI intelligent system features a multi-model integrated architecture, enhancing operational efficiency and safety in the New Water Island® product's unmanned operations [3] Market Outlook - Institutions believe that Jinko Environment's growth prospects are promising due to policy support, product upgrades, and expanded sales channels, which are expected to accelerate order replication [3]