XREC(SZ:000598)2024-11-21 12:37Group 1: Project Development - The company has ongoing projects including Chengdu Water Supply Plant Phase III with a remaining capacity of 40,000 tons/day, and several wastewater treatment facilities expected to be operational within 1 to 2 years [2][3]. Group 2: Accounts Receivable - The company's accounts receivable have increased in line with revenue growth, reflecting a focus on managing receivables and improving collection efforts [3]. - The national debt reduction policies are expected to positively impact the financial capabilities of local governments, which may benefit the water and environmental protection industry [3]. Group 3: Business Expansion - The company is a national comprehensive water and environmental service provider, focusing on expanding its market presence in Chengdu and surrounding areas while also seeking quality resources nationwide [3]. - The company aims to leverage economies of scale to enhance operational performance and drive revenue growth [3]. Group 4: Pricing Mechanisms - Water pricing adjustments are subject to government approval and must follow established procedures, including cost audits and public hearings [3]. - The wastewater treatment service fee is typically adjusted every 2 to 3 years based on contractual agreements, with provisions for temporary adjustments due to significant cost changes [4]. Group 5: Dividend Policy - The company is committed to sustainable development and aims to enhance dividend levels while balancing operational funding needs [4].