CEEP(SZ:300172)2022-12-08 01:17Group 1: Nuclear Power Market and Company Advantages - The company has competitive advantages in the nuclear power water treatment market, including complete technology, excellent performance, strong project implementation capabilities, and rich project management experience [2] - According to the "13th Five-Year Plan" draft, China will build 6 to 8 new nuclear power plants annually, accelerating the construction process in the next five years [2] - The company has successfully undertaken and implemented several nuclear power water treatment projects domestically and internationally, including projects in Qinshan, Sanmen, and Pakistan [3] Group 2: Solid Waste Industry Development - The company's solid waste business primarily focuses on sludge disposal, which currently has a low market share in China's environmental protection industry [3] - The demand for sludge treatment is expected to rise sharply due to severe water environment issues and insufficient disposal facilities [3] - Government policies are gradually improving, which is anticipated to lead to rapid market growth in sludge disposal [3] Group 3: Environmental PPP Projects - The company has engaged in multiple municipal sewage and sludge disposal PPP projects, aligning with the national push for environmental investment through the PPP model [3] - The company aims to leverage its environmental service platform and comprehensive waste management capabilities to expand its PPP business in urban environmental solutions [3] Group 4: Project Implementation Cycles - The implementation cycle for various projects varies: - Thermal power projects: 1-2 years - Nuclear power projects: 2-3 years - Non-electric industrial water treatment projects: 1-2 years - Municipal water treatment projects: 1-2 years - Flue gas treatment projects: 1-2 years [3] Group 5: External Development and Mergers - The company has plans for external development, focusing on cutting-edge environmental technologies and seeking acquisition targets [4] - Emphasis is placed on the quality of target companies, industry complementarity, and cultural fit, avoiding blind acquisitions [4] - The company aims to extend into niche environmental sectors through a collaborative mechanism of "talent + technology + capital" [4]