FEIDA ENVIRO(SH:600526)2022-03-17 09:11Group 1: Company Overview and Recent Developments - Zhejiang Fida Environmental Technology Co., Ltd. is undergoing a major asset restructuring to enhance its position as a comprehensive environmental service platform [1][2] - The company plans to integrate its environmental assets in response to national policies, aiming to diversify its main business to include wastewater treatment and related services [2][3] - Following the restructuring, the company's revenue is projected to increase significantly, with a simulated combined revenue rising from CNY 1,813.47 million to CNY 2,355.90 million [3] Group 2: Financial Performance - The net profit attributable to the parent company is expected to rise from CNY 36.89 million to CNY 117.56 million, indicating a substantial improvement in profitability [3] - Total assets are projected to increase from CNY 7,349.18 million to CNY 10,133.74 million, reflecting enhanced asset scale [3] - The asset-liability ratio is expected to decrease from 70.54% to 69.80%, indicating improved financial stability [3] Group 3: Impact of External Factors - The company has faced challenges due to the COVID-19 pandemic and fluctuations in raw material prices, prompting a focus on cost management and operational efficiency [4] - Measures implemented include strict budget controls, performance assessments, and a culture of cost-saving initiatives across all levels of the organization [4] Group 4: Strategic Initiatives and Future Outlook - In response to the "30·60" carbon peak and carbon neutrality policies, the company has established a dedicated working group to develop strategies and technical roadmaps [5] - Fida Environmental is actively pursuing collaborations with leading enterprises and academic institutions to enhance its technological capabilities and market presence [5] - The company aims to expand its operations in non-electric sectors such as steel, chemicals, and cement, while also focusing on new business opportunities in the carbon reduction field [5]