Guojun Environment research report believes that 1) the most aggressive debt restructuring measures in recent years will be introduced, which are expected to improve the collection of receivables from environmental companies. Benefiting symbols include Infore Environment Technology Group, Beijing SPC Environment Protection Tech, etc.; as well as Beijing Originwater Technology and Qiaoyin City Management from financially weak regions such as Yunnan and Inner Mongolia with high accounts receivable ratios. 2) The collection of receivables from environmental water affairs and solid waste management companies is expected to accelerate. Solid waste: recommend Eb Environment, Chongqing Sanfeng Environment Group Corp., Dynagreen Environmental Protection Group, Grandblue Environment; Yongxing Shares and Junxin Shares are benefiting symbols. Water affairs: recommend BJ Ent Water, Guangdong Inv, Jiangxi Hongcheng Environment and Chengdu Xingrong Environment benefit.