DEVOTION(SZ:300335)2022-12-06 01:44Company Overview - Established in 1993, the company entered the biomass energy sector in 2008, focusing on clean energy services [2] - Recognized as a leading provider of biomass, natural gas, and clean coal energy solutions in China [2] - Listed on the Shenzhen Stock Exchange in July 2012 [2] Business Strategy - Shifted from "biomass energy heating operator" to "clean energy comprehensive service provider" to enhance and diversify its offerings [4] - Current business scope includes industrial, commercial, and residential sectors [4] - Core business models include BOT (Build-Operate-Transfer) and BOO (Build-Own-Operate) for industrial clients, and product-service integration for residential users [4] Project Highlights - Shanghai Laogang Industrial Zone distributed energy project with an investment of CNY 91 million, featuring 5 units of 2MW gas turbine generators and a total capacity of 10MW [5] - The project is in phased steam supply and utilizes a BOO model [5] Competitive Advantages - Extensive project management experience since 2004, with a total installed capacity of 26.6MW in distributed energy systems [6] - Light asset investment model focusing on cooperative investment and independent operation [6] - Dynamic operation model that balances supply and demand without grid connection [6] Customer Engagement - Expanding energy solutions from single biomass to multiple clean energy sources based on customer needs [7] - Emphasis on selecting reputable and economically viable clients for project quality [8] Partnership Mechanism - Implemented a "business partner" mechanism to leverage regional advantages and expand operations [9] - Established over 20 joint ventures across more than 10 provinces [9] Carbon Asset Development - Focused on carbon asset management, with successful development of voluntary greenhouse gas reduction projects [10] - First biomass heating project to enter the carbon trading market [11] Future Development Plans - Aiming for growth through internal expansion and external acquisitions to enhance profitability [12] - Plans to strengthen business partnerships and leverage regional market advantages for rapid growth [12]