Core Viewpoint - The 23rd anniversary celebration of Boqi Environmental Protection highlights the company's growth alongside China's evolving environmental policies, marking its transformation from a startup to a leading player in the ecological environment governance sector [1]. Group 1: Company Development Stages - Boqi Environmental Protection was founded in 2002, focusing on flue gas desulfurization for coal-fired power plants, establishing a strong foundation in the environmental sector [2]. - The company ranked third in the national capacity for flue gas desulfurization in 2006 and achieved the highest operational performance for 600MW units that year [2]. - After going public in Japan in 2007, Boqi expanded its market reach internationally and diversified its business model to include operation maintenance and concession management [2]. - By 2018, Boqi listed on the Hong Kong Stock Exchange, entering a new phase of development that aligned with China's dual carbon goals, expanding its services to include comprehensive environmental solutions [4]. Group 2: Market Position and Achievements - According to Frost & Sullivan, Boqi ranked first among independent companies in China's coal-fired power plant desulfurization market in 2016, with a capacity of 66.5 GW, capturing 62.3% of the market share [3]. - The company successfully implemented advanced technologies in its projects, such as the integrated low-temperature SCR denitrification technology, achieving ultra-low emissions in its first steel operation project [4]. - Boqi's wastewater treatment project achieved near-zero discharge, marking a significant milestone in its environmental service capabilities [4]. Group 3: Strategic Initiatives and Future Outlook - In the 3.0 era, Boqi has engaged in strategic acquisitions and established a presence in hazardous waste treatment and resource recycling, contributing to its comprehensive service offerings [5]. - The implementation of new pollution control guidelines for waste photovoltaic components and wind turbine blades signifies Boqi's commitment to sustainable practices and regulatory compliance [5]. - The company is positioned to play a significant role in the renewable energy and resource recycling sectors, contributing to China's high-quality development in the environmental industry [6].