Chongqing Sanfeng Environment Group Corp.Ltd(601827) is committed to becoming the world's leading public company in the solid waste industry

Chongqing Sanfeng Environment Group Corp.Ltd(601827) 3 on March 15, when receiving the investigation of institutional investors, the company said that in the future, the company will adhere to the field of waste incineration power generation, continue to strengthen the technology research and development and scientific and technological research in the main business and upstream and downstream fields, strive to maintain the two core advantages of technology and operation, fully develop the Chinese and overseas markets, continuously expand the market share of core equipment, and implement vertical Extending the horizontal industrial chain and constantly expanding the field of solid waste treatment business, we are committed to becoming a first-class solution provider of urban solid waste treatment system in China and emerging countries and a world-leading well-known public company in the solid waste industry.

It is reported that on March 15, 10 institutional investors including Gf Securities Co.Ltd(000776) , Guotai Junan Securities Co.Ltd(601211) securities, Jingshun Great Wall Fund, China Southern Fund, Wells Fargo fund, GF fund and China Merchants Fund jointly exchanged views on Chongqing Sanfeng Environment Group Corp.Ltd(601827) through teleconference. Deputy general manager Si Jingzhong, chief financial officer Guo Jian, Secretary of the board of directors and deputy general manager Qian Jing Liu Yan, director of the office of the board of directors, song Jianbo, Vice Minister of strategic planning department, and Zhu Yong, representative of securities affairs, attended the exchange meeting.

The performance express shows that Chongqing Sanfeng Environment Group Corp.Ltd(601827) is expected to realize an operating revenue of 5.87 billion yuan in 2021, with a year-on-year increase of 19.16%; The net profit attributable to the parent company was about 1.24 billion yuan, a year-on-year increase of more than 70%. Excluding the impact of one-time recognized renewable energy subsidy income, the company's performance still maintained a steady and good growth.

As for the projects concerned by investors that have not been included in the list of renewable energy subsidies, the company replied that among the waste incineration projects with a total capacity of 55800 tons / day, about more than 30000 tons / day of energy have been included in the list of renewable energy subsidies. The remaining projects, except those requiring competitive allocation, can apply to enter the list of renewable energy subsidies on the premise of unchanged current policies. At present, the application of various projects of the company is progressing smoothly. One of the newly completed and put into operation projects in 2021 has entered the list publicity stage, and the remaining commercial projects in 2021 are in the process of review.

When asked about the impact of competitive allocation policy, Chongqing Sanfeng Environment Group Corp.Ltd(601827) said that in October last year, the company had participated in the quotation of Competitive Allocation projects organized by relevant government departments. Up to now, the bidding results and relevant supporting policies have not been officially issued. Under the industry trend of declining subsidies and bidding for Internet access, the quotation of waste disposal fee has increased to a certain extent through the bidding of waste incineration projects in recent one year. In addition, the company also does a good job in fine management, improving quality and efficiency to further promote healthy development.

When talking about the future strategic planning and economic growth points, Chongqing Sanfeng Environment Group Corp.Ltd(601827) said that in the future, the company will continue to cultivate the field of waste incineration power generation with the three peak spirit of "tenacity, persistence, professionalism and focus". In addition to continuing to consolidate the original core advantages and expand the market share, it will combine new market opportunities and take the field of waste incineration as the foothold to implement vertical Horizontal industrial chain extension. Among them, vertically expand the upstream sanitation business such as waste classification, cleaning and transfer, and the downstream business such as waste leachate and fly ash disposal; Horizontal will make use of the advantages of collaborative disposal to realize the collaborative disposal of domestic waste, industrial solid waste, kitchen (kitchen waste) waste, sludge and other waste, and build an environmental protection industrial park project. In addition, the company will also use its own operational advantages to actively and carefully plan the merger and reorganization of upstream and downstream industrial chains as an important means to promote growth.

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