Core Viewpoint - The company has successfully implemented a "dual network integration" service model in the Gusu District, enhancing community water supply services and achieving full coverage of the service network [1] Group 1: Service Model Innovation - The company has established "Water Steward Convenience Service Centers" with staff stationed in 8 areas to explore community water service grid management [1] - The service model has been upgraded to actively explore the integration of water supply grids and community grids, subdividing three large areas into smaller grids of approximately 15,000 households each [1] Group 2: Management and Efficiency - The company has optimized and integrated line management into a grid service model, improving management capabilities and work order handling efficiency [1] - The appointment of outstanding party members and business backbones as grid leaders has facilitated direct communication with users through owner groups, transforming the service approach from "responding to complaints" to "proactively addressing issues" [1]

The sales of AS Tallinna Vesi in the third quarter of 2025 were €18.2 million, increasing 10.8% compared to the same period last year. Revenue growth was most affected by a change in price due to the need for critical investments. Aleksandr Timofejev, CEO of Tallinna Vesi, said that the third quarter was characterised by continued progress with planned investments and a commitment to the continuity of the vital service. "Summer is the busiest time of year for water and sewer pipeline construction projects, ...

Financial Performance - In 2024, the company achieved operating revenue of 3.775 billion yuan, a year-on-year increase of 21.62% [2] - The net profit attributable to shareholders for Q1 2025 was 31.25 million yuan, a decrease of 36.64% compared to the same period last year [2] - The company reported a net cash flow from operating activities of only 12.9958 million yuan in 2024, with a slight increase to 72.3835 million yuan in Q1 2025 [4][5] Business Operations - The company’s wastewater treatment capacity reached 3.4158 million tons per day, processing 1.065 billion tons of wastewater in 2024, a year-on-year increase of 4.56% [4] - The water engineering construction segment generated approximately 1.432 billion yuan in revenue in 2024, a significant increase of 67.91% [4] - The company is actively responding to the national "factory-network integration" model by implementing unified scheduling and operation for wastewater treatment plants, pump stations, and pipelines [4][6] Strategic Initiatives - The company is pursuing a series of strategies to enhance performance, including internal cost reduction, major asset restructuring, and strengthening industry-academia-research cooperation [2][6] - The company plans to acquire 100% equity of Wuhan Municipal Engineering Design and Research Institute to enhance its integrated service capabilities in the water and environmental protection sector [6][7] - The establishment of a "1+N platform" innovation ecosystem aims to improve the efficiency of technology transfer and promote sustainable development [7][8] Market Position and Future Outlook - The company is positioned as the first listed company in Wuhan's urban construction system to undergo shareholding reform, continuously extending its water and environmental protection industry chain [3] - The goal is to achieve a centralized sewage collection rate of over 75% by 2026 and establish a long-term mechanism for "factory-network integration" by 2027 [3] - The company is focused on capital market engagement and technological innovation to create new growth points for future performance [6][8]