Zhongchuang(SZ:300056)2022-11-22 02:52Group 1: Business Overview - The company primarily engages in high-temperature filtration materials, which are core components for flue gas dust removal, and has become the first listed company in this sector in China [2][3] - The company has shifted focus towards hazardous solid waste disposal, acquiring 51% of Jiangxi Xiangsheng Environmental Technology Co., Ltd. in October 2019 to enter this market [2][3] - Currently, the company has five hazardous solid waste projects in hand, including subsidiaries in Jiangxi, Jiangsu, Henan, and Shaanxi [3][4] Group 2: Future Growth Potential - The hazardous solid waste sector has significant growth potential due to ongoing industrial production and stricter environmental regulations [3][4] - The company aims to achieve a disposal capacity of 1 million tons, with hazardous solid waste revenue projected to account for 70% of total business income [4][5] Group 3: Integrated Sanitation Services - The company has contracts totaling over 100 million yuan for integrated sanitation services, with an annual service fee of approximately 35 million yuan [3][4] - The company is expanding its market presence in the sanitation sector, particularly in the central and western regions of China, and is exploring opportunities in rural sanitation services [4] Group 4: Equipment Pricing and Market Trends - The pricing range for sanitation equipment is between 200,000 to 1 million yuan, depending on the type and functionality of the equipment [4] - The company recognizes the growing demand for energy-saving and emission-reduction solutions among existing clients in high-energy-consuming industries [4][5] Group 5: Business Stability and Future Outlook - The company has undergone a period of adjustment over the past two years, including asset divestitures and restructuring of new business segments, but is now stabilizing and positioning for future growth [5]