XD INVESTMENT(SZ:000900)2022-12-07 09:40Group 1: Highway Industry Insights - The company maintains a "one main, three wings" development strategy, with highway tolls expected to remain a key profit source in the near future [1] - The company plans to focus on high-quality provincial highway assets to expand its main business scale [1] - Toll prices for the company's segments are subject to government approval, limiting the company's ability to adjust prices based on operational costs or market demand [1] Group 2: Revenue and Environmental Considerations - The company anticipates stable and continuous revenue from highway assets during the operational period [2] - The company will increase support for modern environmental protection initiatives, aiming to strengthen its position in the environmental industry [2] - The company has not yet introduced employee stock ownership plans or management incentives, but will explore these options in line with state-owned enterprise reform requirements [2]