Summarize. The State Council of China announced “Certain Opinions of the CPC Central Committee and the State Council on Promoting the Reform of the Price Mechanism”, which suggests improving the price policy for environmental services, applying environmental taxes, fees and related service price policies in an integrated manner, increasing the level of economic leverage adjustment, gradually making enterprises bear more expenditure on various types of pollutants than the cost of active pollution control, and increasing the enthusiasm of enterprises to actively control pollution and reduce emissions. In accordance with the principles of “pollution payment, fair burden, compensation costs, and reasonable profit”, the fees for sewage treatment should be raised reasonably. The fees for urban sewage treatment should not be lower than the costs of sewage treatment and sludge treatment and disposal, and explore the establishment of an adjustment mechanism linking the treatment service fees paid by the government to sewage treatment enterprises with the sewage treatment effect, and implement an incentive price policy for the resource utilization of sewage treatment. We expect that sewage treatment enterprises will benefit from the above policies. Tianjin Venture Environmental Protection (600874.CH) treated a total of 621.36 million cubic meters of sewage in the first half of 2015, an increase of 13.3% over the previous year, achieving revenue from sewage treatment services of RMB 721.87 million, an increase of 11% year-on-year, with revenue and net profit rising 11.2% and 26.0% respectively during the period. Technology trends and investment strategies. The stock price was spurred by the above policy news on Friday and ended with gains and stops. However, its stock price is still at a recent low level. It is expected that it will continue to rise as the market atmosphere improves and policy news ferments. It is recommended to buy at current prices. It is recommended to buy at current prices. It is expected that the rebound in August will rise to a high of RMB 12.94, and fall below 9.39 yuan to stop the erosion first. A review of last week's recommendations. The initial shares introduced last week (600376.CH) have been rising along with A-shares recently. They closed at RMB 11.42 on Friday, up about 16.9% from the time of promotion. For the time being, the target price of RMB 12.27 and the stop-loss price of RMB 9.00 were maintained.