NANFANG PUMP(SZ:300145)2022-12-06 05:36Group 1: Company Overview - Jiangsu Yixing Jinshan Environmental Protection is a leading player in the environmental industry, with over 2,000 environmental companies in Yixing, China [1] - The company specializes in industrial wastewater treatment, particularly adept at handling complex industrial wastewater [1] - After collaborating with Zhongjin Environment, the company has rapidly entered the domestic sludge treatment market with proprietary solar-integrated sludge treatment technology [1][2] Group 2: Technology and Innovation - The solar-integrated technology can process sludge or blue-green algae with a moisture content of 80%-90% down to below 8% without adding any chemicals [2] - This technology operates at a low cost using solar energy, achieving efficient reduction and resource recovery of sludge and blue-green algae, while not producing dioxins [2] - The company has developed 13 patented technologies over ten years, gaining market recognition for its innovative approach [2] Group 3: Market Position and Strategy - The company has shifted focus from traditional water treatment to sludge treatment due to intense competition and low profits in the water treatment sector [2] - The sludge treatment technology has a higher investment cost of over 1 million per ton compared to co-incineration technology at 300,000 per ton, but offers better operational efficiency and lower long-term costs [2] - The company targets economically developed regions with strong government compliance capabilities for its sludge treatment projects [2] Group 4: Project Implementation and Challenges - The company’s sludge treatment projects utilize greenhouse structures, allowing for dual-use of land for agricultural activities [2] - Land costs vary, with annual rental prices in developed areas like Yixing at 1,000 yuan per mu [2] - The company is expanding its workforce in line with project growth, ensuring that core personnel are in place to support innovation and project execution [2][3]