On March 20, Gelonghui (688101.SH) announced that the “Baicheng Sewage Treatment Plant Expansion Project” (known as the “Baicheng Fund-raising Project”) project, one of the company's fund-raising investment projects, has been completed, and production commissioning work and completion related procedures are currently being carried out. The water investment and operation business is one of the company's main businesses. The completion of the Baicheng fund-raising project is conducive to increasing the company's market share and further enhancing the competitiveness of the company's industry. Currently, the project has been completed and the conditions for commissioning are in place.