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东方园林(002310) - 2017年3月17日投资者关系活动记录表

Group 1: Company Overview and PPP Projects - The company has rich experience in undertaking PPP projects, having started exploring financial guarantee models in early 2014 [1] - In 2015, the company won approximately 330 billion CNY in PPP projects, and in 2016, the amount was around 380 billion CNY [2] - The current total investment of the company's PPP orders (excluding traditional projects) is nearly 900 billion CNY, positioning the company to rapidly capture the optimal market in the coming years [2] Group 2: Project Details and Operations - The company's PPP projects include river basin governance, sponge city construction, park development, and soil remediation, focusing on ecological restoration [2] - The typical construction period for PPP projects is 2-3 years, with expectations for projects to enter the operational phase between 2018 and 2019 [2] Group 3: Financial Aspects and Advantages - Based on last year's experience, the company requires 70% of project progress payments, with normal payment concentrated within 3-4 months [3] - The company has not observed significant negative impacts from rising funding rates on PPP projects in 2017, and new project undertakings are expected to show good growth [3] - The company's integrated planning, design, and construction capabilities, along with strong resource integration, are key advantages in undertaking PPP projects [3] Group 4: Future Directions - The company anticipates a gradual decrease in business volume from traditional BT models, with an increasing proportion of PPP projects in the future [3] - The company is collaborating with financial institutions to build a robust financial platform and increase financing channels [3]