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远达环保(600292):沪港通专栏

Yuanda Environmental Protection (600292): Shanghai-Hong Kong Stock Connect column

長雄證券 ·  Sep 7, 2016 00:00  · Researches

Shida Environmental Protection is a joint stock limited company set up by eight state-owned large and medium-sized enterprises, including Sichuan Electric Power Company, Chongqing Municipal Construction Investment Company, and heavy Power Power Co., with the approval of the heavy Municipal system Reform Commission. It was registered on June 30, 1994. The listed companies, which are controlled by the state power investment group and take insurance as the main business, have now formed an industrial framework system with environmental protection engineering, product manufacturing and technical services as the core and supported by technological progress and technological innovation. The service model has been involved in the general contracting of desulphurization and denitrification and denitrification projects, the special experience of desulphurization and denitrification, the manufacture and regeneration of denitrification catalytic tanks, water treatment, the treatment of low-and medium-level nuclear materials in nuclear power stations, and the construction of nuclear disposal sites, energy, and other fields, covering most of the country as well as India, Turkey and other countries.

(1) in 2015, the income from the collective banking industry reached 3.536 billion yuan, an increase of 1.49% over the same period last year. The parent company of the company earned a profit of 287 million yuan, an increase of 23.4% over the same period last year. During the period, the company held 7.45 million shares of Southwest Shipping coupons, and the profit earned was 165 million RMB. After deducting the abnormal profit, the collective profit was 169 million RMB, a decrease of 23% over the same period last year. It is mainly due to the continuous decline of water power generation and utilization time of firepower, which has led to a sharp decline in the revenue of special electricity generation for centralized desulphurization and denitrification.

(2) in the past year, in order to improve the management of tobacco production, 51% of the rights and interests of Jiang Ziguang were collected, and in the fields of water, crisis and supervision, we collected the Korean, Lingyuan and Beipiao projects, carried out industrial crisis projects through stock rights cooperation with New China Tiananbao, and established a large number of companies in cooperation with a number of companies. The aim is to monitor the wisdom of the local market, which will help to gather future development and new directions.

(3) at the G20 leaders' summit held in Hangzhou two days ago, all parties not only agreed to have a plan to promote world economic growth, but also agreed to make promises for environmental protection under the premise that climate change should be implemented early. Therefore, the direction of environmental protection is very clear and must be done. It is believed that one environmental protection concept stock will be sought after. On the other hand, Teda Environmental Protection (600292) is the only insurance platform under the National Power Investment Group. It is believed that with the help of its holding stock market, special business can maintain long-term healthy growth, and the new financial bureau is expected to be a bright spot for new growth in the future.

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