HYNAR WATER(SZ:300961)2022-11-22 03:06Group 1: Company Overview and Strategy - Deepwater Haina Water Group focuses on industrial wastewater treatment and high-quality water supply, aiming for excellent performance to attract investors [2] - The company adheres to the philosophy of "Green water and lush mountains are invaluable assets," committed to becoming an innovative comprehensive service provider in the water ecological environment sector [5] Group 2: Financial Performance and R&D Investment - R&D investment has increased annually: 2018 - 1260.38 million, 2019 - 1410.69 million, 2020 - 1598.43 million, with respective revenue ratios of 3.19%, 2.50%, and 2.83% [3] - The company plans to continue increasing R&D investment to support its technology-driven strategy [5] Group 3: Market Trends and Growth Projections - The industrial wastewater treatment market in China is expected to grow at a compound annual growth rate (CAGR) of 7.7%, reaching 1357.5 billion by 2023 [4] - The demand for high-quality water is increasing due to rising living standards and consumer preferences for better quality of life [4] Group 4: Challenges and Operational Measures - The company faces challenges with cash flow due to high working capital needs, but plans to improve cash flow through aggressive accounts receivable collection and optimizing business structure [3] - The company currently does not have plans for nuclear wastewater treatment R&D [3]