LNGF(SZ:002717)2022-11-11 02:22Business Overview - Lingnan Co. focuses on two strategic directions: "Ecology + Cultural Tourism," aiming to enhance urban and rural quality through three core businesses: ecological environment construction, water management, and cultural tourism [1] - The company has a full industry chain capability in ecological environment construction, covering design, urban landscaping, rural landscape, municipal engineering, and smart city projects [1] - In water management, the company operates across urban water supply, water conservancy projects, and ecological water environment, encompassing R&D, planning, design, investment, construction, and operation [1] Core Competencies - The company possesses strong professional capabilities with various qualifications, including first-class qualifications in water conservancy construction and national-level landscape engineering design [2] - It has a deep synergy across its two main businesses and three sectors, enhancing its comprehensive competitiveness in response to market challenges [2] - Continuous management innovation is emphasized, with a focus on optimizing operations and talent management [2] - The company invests in R&D, holding 436 authorized patents and 55 high-tech products as of June 2022, with its environmental testing center achieving national laboratory recognition [2] Subsidiary Operations - The subsidiary Hengrun Group specializes in high-end equipment and integrated systems for cultural tourism projects, focusing on immersive entertainment technology [3] - Hengrun Group's main products include VR systems and multimedia technology, providing services for various venues such as theme parks and museums [3] Impact of State-Owned Capital - The potential acquisition by the Torch District Management Committee will enhance the company's operational capabilities, with the new controlling entity having a registered capital of 5.6 billion CNY and total assets of 33.6 billion CNY [4] - This partnership is expected to optimize the company's equity structure and promote the integration of state-owned and private capital, enhancing resource sharing and innovation [4] Tourism Sector Development - Lingnan Co. is involved in various aspects of cultural tourism, including planning, design, investment, and operation of theme parks and scenic spots [5] - The company has participated in notable projects across China, such as the Huangyao Ancient Town and the Meishan Scenic Area, and aims to recover from pandemic impacts on its tourism revenue [5] Compliance and Communication - The company adheres to regulatory guidelines during investor relations activities, ensuring no significant undisclosed information leaks [5] - Investors are encouraged to follow the company's updates through its official WeChat account and investor hotline [5]