首创环保(600008) - 首创环保投资者关系活动记录表（2024年7月）

Group 1: Business Overview - The company has established a nationwide presence, operating in 28 provinces and over 140 cities across China [3] - The primary focus of projects is in eastern and central provinces such as Shandong, Jiangsu, Henan, and Guangdong, creating a scale effect [3] Group 2: Project Management and Operations - The company primarily operates under a concession model, with project concession periods typically ranging from 20 to 30 years [3] - During the 13th Five-Year Plan period, the company acquired numerous new projects through BOT, TOT, and mergers, with most projects currently in growth or stable operation phases [3][4] - The company is closely monitoring market dynamics as some project concessions will gradually expire in the coming years [4] Group 3: Financial Performance and Cost Management - The company has seen a 50 basis point reduction in project financing costs in 2023 due to effective loan replacement strategies [4] - The company aims to continuously lower costs and enhance efficiency to improve profitability [4] Group 4: Environmental Standards and Upgrades - The company has upgraded wastewater treatment standards from Class B to Class A during the 13th Five-Year Plan, with most projects now meeting Class A standards [4] - Ongoing efforts are being made to further enhance standards in regions like Shandong, aiming for compliance with Class IV standards [5]