XREC(SZ:000598)2022-12-08 01:34Group 1: Company Operations and Strategy - The company is not affected by the chairman's investigation and will continue its "coordinated development, one main and multiple diversification" strategy [2] - The company has several ongoing and planned projects, indicating a significant demand for funds [3] Group 2: Funding and Investments - The company received an investment of 348 million yuan from the National Development Fund, specifically for three projects in its wholly-owned subsidiary, the water company [3] - The average annual return rate for the investment to the National Development Fund is 1.2% [3] Group 3: Waste Management Projects - The Wanxing waste-to-energy project has a capacity of 2400 tons per day and is the largest in Chengdu, expected to be operational by the end of 2016 [3] - The original waste treatment fee is set at 46 yuan per ton, with additional fees based on the daily processing volume of decayed waste [3] Group 4: H-Share Issuance - The issuance of H-shares is currently on hold due to leadership vacancies, aimed at attracting strategic investors and enhancing corporate governance [4] Group 5: Regulatory Impact - The company's VAT obligations have significantly increased, with future impacts dependent on processing volumes [4]