XREC(SZ:000598)2024-06-03 10:25Group 1: Business Capacity - The company's operational and under-construction water supply project capacity is approximately 4.3 million tons/day [1] - The sewage treatment project capacity is about 4.8 million tons/day [1] - The reclaimed water utilization project capacity is around 110,000 tons/day [1] - The waste incineration power generation project capacity is 12,000 tons/day [1] - The leachate treatment project capacity is 8,430 tons/day [1] - The sludge disposal project capacity is 3,116 tons/day [1] - The total design capacity for kitchen waste disposal projects is 1,950 tons/day, with current operational and under-construction capacity at 1,450 tons/day [1] Group 2: Pricing Mechanisms - Water price adjustments can be submitted to the government price administration department, subject to cost monitoring and public hearings [2] - The sewage treatment service fee is adjusted every 2 to 3 years based on the terms in the franchise agreement [2] - The tentative price for sewage treatment services in Chengdu's central urban area for 2024-2026 is set at 2.63 yuan/ton [2] Group 3: Cost Control and Financing - The company has established a "factory-level standardization" management mechanism, integrating over a thousand production management experiences [2] - A cloud control center has been implemented to enhance production management efficiency [2] - The company has maintained an AAA credit rating for several years, ensuring smooth financing channels and lower overall financing costs [2] Group 4: Dividend Considerations - The company emphasizes shareholder returns and plans to adjust the dividend ratio while considering operational needs and future funding requirements [3]