GreenTech Environmental (SH:688466)2024-09-03 09:31Group 1: Financial Performance - In the first half of 2024, the company achieved operating revenue of ¥244,677,199.40, a decrease of 3.75% year-on-year [2] - The net profit attributable to shareholders was ¥31,565,709.47, down 27.56% compared to the previous year [2] - The net cash flow from operating activities was ¥10,424,788.72 [2] Group 2: Order Status - As of June 30, 2024, the total orders on hand amounted to ¥70,925.32 million, an increase of 45.92% year-on-year [5] - Orders for water treatment technology solutions reached ¥30,405.66 million, up 52.23% [6] - Orders for wastewater resource recovery products were ¥23,046.41 million, a year-on-year increase of 26.28% [6] Group 3: Revenue Structure - Mid- to long-term business revenue reached ¥12,837.26 million, accounting for 52.47% of total revenue, a 41.07% increase from the previous year [3] - The gross profit margin for the period was 38.74%, with a gross profit of ¥9,477.86 million, down 6.50% year-on-year [2] Group 4: New Product Developments - The company launched the New Water Island 1.0 project, which provides high-quality recycled water for photovoltaic and semiconductor industries [3] - The New Water Island 2.0 product features modular design and factory-scale production, enhancing efficiency and reducing costs [4] - AI algorithm upgrades in the New Water Island 2.0 improve operational efficiency and safety [6] Group 5: Market and Policy Environment - The traditional water treatment industry is transitioning to a high-quality development phase driven by technological advancements and market demand [4] - Policies promoting large-scale equipment updates and green intelligent equipment are expected to create growth opportunities [4] - The implementation of water-saving strategies and wastewater recycling is emphasized in recent government regulations [4]