Pengyao Environmental Protection: Currently, the company's core revenue comes from two main business segments: water service investment and operation, and engineering contracting.

Everyday Economic News AI Express. Investors have asked on the investor interaction platform: As the SAF business moves from “stories” to “profits,” and the proportion of the SEED business increases, is the company’s valuation logic shifting from traditional environmental protection engineering stocks to “green energy low-carbon technology”? How does management view this change?

Pengyao Environmental Protection (300664.SZ) said on April 2 on the investor interaction platform that, at present, the company’s core revenue comes from two major business segments: water utility investment and operations, and engineering contracting. The SAF business is an emerging investment direction the company has been developing; at this stage, its contribution to the company’s overall operating performance is relatively low. SEED water plants are in the pilot application and market expansion stage, and their contribution at scale will be gradually reflected as projects are implemented and as revenue is confirmed.

(Reporter: Bi Luming)

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