CPEP(SZ:000544)2024-09-25 13:07Group 1: Company Strategy and Development - The company aims to build a leading national environmental protection industry group, focusing on wastewater treatment, sludge disposal, and reclaimed water utilization [1] - The development strategy includes "one core, two engines, three elements, one area, four belts, and multiple points" [1] - The company is accelerating the construction of remaining projects to achieve operational goals [2] Group 2: Financial Performance and Dividends - The company has established a clear profit distribution policy, sharing operational results with investors, and has cumulatively distributed cash dividends of CNY 1.586 billion since 2013 [1][3] - In the first half of the year, the company reported a significant decline of approximately 26% in revenue and net profit due to asset impairment provisions [2][3] - The company is committed to maintaining stable cash flow management and improving financial performance in the second half of the year [2][3] Group 3: Market Valuation and Investor Relations - The company is focused on improving its market valuation, which is currently among the lowest in the industry and has fallen below net asset value [2][3] - The company emphasizes the importance of investor relations and is open to feedback from small and medium investors [2][3] - The company has a dedicated investor hotline and email for better communication with shareholders [4] Group 4: Accounts Receivable Management - The company is actively managing accounts receivable, which has increased by CNY 1.5 billion in the second quarter, and is implementing measures to enhance collection efforts [3][4] - There is a focus on recovering government debts, with plans in place to ensure timely collection [4]