LNGF(SZ:002717)2022-12-06 02:56Group 1: Strategic Development - The company is advancing towards a broader platform development with a focus on "big ecology + general tourism" integrated business model [2][3] - The strategic development blueprint is becoming clearer, emphasizing "water ecological governance + ecological landscaping + cultural tourism" [3] Group 2: Performance Overview - For the first half of 2017, the company's net profit is expected to range between CNY 1.65 billion and CNY 2.06 billion, indicating a growth of 60% to 100% [3] - In Q1 2017, the company reported an operating income of CNY 5.18 billion, a year-on-year increase of 28.37%, with a net profit of CNY 47.83 million, up 68.12% [3] Group 3: Order Situation - As of 2017, the company has disclosed new signed orders amounting to approximately CNY 8 billion, with additional undisclosed orders [4] - Cumulative orders on hand from 2015 to 2016 exceed CNY 20 billion, with over CNY 4 billion in cultural tourism orders [4] Group 4: Financial Management - The company ensures the quality of receivables from PPP projects, with internal assessments including project receivables [4] - The company plans to purchase its own shares through the secondary market, with a scale of approximately CNY 200 million [5] Group 5: Financing Capability - The company has prepared for its orders with sufficient liquidity, including CNY 3 billion in cash as of Q1 2017 and plans to apply for bank credit of up to CNY 5 billion [5] - The company has established an industrial merger fund and an insurance company to facilitate financing [5] Group 6: Future Projects - The company is focusing on upgrading existing tourist towns rather than building new ones, aiming to enhance visitor flow and create culturally distinctive towns [6]