Bossco(SZ:300422)2022-12-04 10:20Financial Performance - In 2017, the company approved loans from banks totaling over 2 billion, with only 700 million utilized so far [4] - The gross profit margin for environmental equipment manufacturing exceeds 30%, while the gross profit margin for water pollution governance PPP projects is around 25% [5] - The company has approximately 350 million in new soil remediation orders as of 2017 [5] Market Outlook - The soil remediation market is expected to grow significantly, with a market space projected to reach 4.6 trillion during the "13th Five-Year Plan" period [9] - The company anticipates a doubling of order volume in professional technical services in 2018, with revenue from this segment around 40-50 million in 2017 [7] Operational Strategy - The company plans to issue convertible bonds to raise 430 million for a single project, indicating a focus on project-based funding [5] - The company aims to increase its operational revenue to approximately 200 million per year by 2019, driven by ongoing construction projects [6] Debt Management - The company has successfully recovered over 900 million in receivables in 2017, with 70% being current year receivables [8] - The company maintains a high level of accounts receivable, with strategies in place to improve collection efficiency [8] Expansion Plans - The company has established subsidiaries in 8 provinces and plans to expand to 15 provinces to tap into external markets, as the local market in Guangxi is limited [10] - The company is optimistic about the industrial wastewater treatment sector and plans to enhance R&D for equipment updates [9]