Tianjin Capital Environmental Protection Group (600874.SH) stated on the interactive platform on October 18 that the majority of the clients for the sewerage business are government or government-represented enterprises operating under franchise management arrangements. Due to the impact of the government's financial payment capacity, there is a certain gap between the annual accounts receivable and actual receipts, leading to an increasing accounts receivable balance. The company will combine specific measures of the government's national debt policy implementation, actively seek all possible policy and fund support, and continuously promote the reduction of accounts receivable balance.