CEEP(SZ:300172)2022-12-07 09:44Group 1: Business Performance - In the first nine months of 2014, the company secured new contracts worth 730 million CNY, including 425 million CNY for industrial water treatment, 241 million CNY for municipal wastewater treatment, and 64 million CNY for flue gas treatment [2][3]. - The company aims to expand its business in response to increasing national pollution control efforts and the promotion of third-party environmental governance models [2][3]. Group 2: Water Treatment Strategy - The company plans to enhance its industrial water treatment by focusing on "zero discharge" and "recycling" in key industrial sectors, while improving project management capabilities in municipal wastewater treatment [3][4]. - The company has undertaken several wastewater treatment projects in industrial parks, which are expected to improve efficiency and regulatory compliance [3][4]. Group 3: Technological Development - The company has established an independent R&D center to focus on new products and technologies, enhancing its competitive edge in environmental solutions [4][5]. - The company is actively involved in various innovation alliances to boost its technological capabilities and promote the industrialization of innovative results [5][6]. Group 4: Financial Performance - The company's gross margin has remained stable, but there are risks of decline due to increased competition and rising project implementation costs [4]. - The company employs different revenue recognition principles based on project duration, with shorter projects recognizing revenue upon delivery and longer projects using percentage-of-completion methods [4].