Dongjiang Env(SZ:002672)2022-12-07 08:36Group 1: Business Expansion and Acquisitions - The company is actively expanding its non-hazardous waste business, with a focus on the East China region [3] - Jianglian Environmental is the company's new site in Zhejiang, following the acquisition of 100% of Huaxin Environmental, which specializes in hazardous waste incineration [3] - The approved incineration capacity of Huaxin Environmental is 6,600 tons/year, with medical waste processing capacity of 20 tons/day, which is currently not at full production [3] Group 2: Project Development and Financial Performance - The company expects to increase hazardous waste incineration capacity by approximately 13,200 tons/year, with trial operations anticipated by the end of 2015 [3] - The company aims to achieve a processing volume of 300,000 tons/year in Zhejiang, targeting a market share of 10% [4] - The company is in the construction phase of a project expected to reach a 50% production capacity in 2016, with a stable production rate of 80-90% projected thereafter [4] Group 3: Management and Financial Stability - There have been no significant updates regarding the chairman's situation, and the company's operations remain normal with no impact on contracts or project developments [4] - All banking relationships are stable, with no changes in credit conditions, and ongoing cooperation with banks [5] - The company is in the feedback stage for a private placement, with plans for potential funding through equity or bonds [5] Group 4: Future Development Plans - The company plans to achieve over 60% market share in the hazardous waste market in Guangdong and aims for a 10% market share in Zhejiang [6] - Projects are being discussed in Jiangsu and other regions, including weak areas in the Beijing-Tianjin-Hebei region [6] - By 2016, the company aims to reach hazardous waste processing qualifications of 1.75 million tons/year, with nearly half being non-hazardous disposal [6]