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Environmental listed companies take various measures to cope with the industry's cold winter

In the bitter winds of the industry winter, many environmental listed companies are trapped in the performance decline, intensified competition in the market, increased financial pressure, difficult to pay back and other difficulties. But even so, they still did not retreat, but actively explore the way out, in full force to do a good job.

1, set eyes on new projects

Chengfa Environment in the reporting period of domestic waste incineration power generation business of all the projects for the first time to achieve full-year operation, environmental sanitation services business market is expanding rapidly.

Dayu Water Conservation During the reporting period, Dayu Water Conservation promoted the high-quality development of water conservancy and safeguarded water security, and overall faced excellent development opportunities in the industrial policy and capital environment, with relatively abundant orders in hand.

2、Actively Layout Overseas Markets

Dechuang Environmental Protection is actively exploring overseas markets while plowing the domestic market, grasping the opportunity of the development of thermal power generation and environmental protection needs in India, Southeast Asia and other countries and regions, and vigorously expanding the business of flue gas treatment engineering, desulfurization equipment and other product lines.

Longjing Environmental Protection actively develops overseas markets, its products and services cover 50+ countries and regions, and harvests many dust removal and desulfurization and denitrification projects in Thailand, Vietnam, the Philippines and other countries.

3. Strengthening Accounts Receivable Control

Dayu Water Conservation has continued to strengthen its accounts receivable control. Firstly, it has followed up on the situation relating to national bonds, local government special bonds and subsidies in a timely manner, and actively declared the relevant materials in order to accelerate the collection of outstanding amounts.

Secondly, it has further strengthened its efforts to recover the payments from the engineering business, and has been actively communicating with the owners in order to regularly recover and call for the payments in accordance with the agreed contractual deadlines.

Thirdly, it has been making efforts to collect accounts receivable of a longer age, which makes it difficult to return the payments. Thirdly, for receivables with long ageing and great difficulty in recovery, we will collect them through legal means to reduce bad debts and minimize the Company's loss.

In addition to doing these things, investment has become more cautious. One of the reasons for the big increase in the performance of the first environmental protection is the transfer of 100% equity in the subsidiary ECO Industrial Environmental Engineering Pte Ltd to obtain investment income of about 1.780 billion yuan.

And Qidian environment due to the participation of the company Thornton New Energy Technology Co., Ltd. continued to large losses and entered into bankruptcy reorganization procedures, Sund Group Ltd. entered into bankruptcy reorganization, the company recognized a larger amount of investment loss.

Bishuiyuan due to the company's important participation in the company incurred large losses, the company recognized a larger amount of investment losses resulting in a decline in the company's profits.


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