According to the report of Galaxy Securities, the main business income of Hejia Resources under Sander will enter a period of rapid growth in the future. Because we are currently focusing on the field of high-end hazardous waste treatment projects, Hejia Resources won the first place in the first batch of tenders for 10 hazardous waste projects in China in terms of technical level, financial strength and project operation. With such operational strength, "we think the company should gain at least 5% market share of municipal solid waste treatment".
However, Galaxy Securities analysts believe that the main risk of increasing resources is that the state's policy support for garbage disposal plants may be lower than expected.
The door to marketization is slowly opening.
"Let me run it, and you can spend a lot less money," Wen Yibo often told local government officials. He urged social capital to invest and operate sewage treatment projects in a market-oriented way. Wen believes that the market-oriented mechanism can greatly improve efficiency and reduce costs, and the government can completely formulate rules, implement supervision and punish unqualified investors and operators. "The government should only be the referee," Wen Yibo said.
At present, most of the sewage treatment market belongs to sewage treatment plants invested and operated by the government, and the combined share of all foreign capital and private enterprises is less than 10% of the whole market.
1998, Wen Yibo took the lead in proposing "China Clean Water Plan", proposing to operate sewage treatment projects in a market-oriented way, and proposing BOT operation mode. In the Beijing market, his plan was strongly supported by government departments, and after unremitting efforts, he finally got the Beijing Xiaojiahe Sewage Treatment Plant project. Although this originally planned 200,000 tons has become 20,000 tons. However, this sewage treatment plant, which was successfully built and operated according to BOT mode, became the first urban sewage treatment project invested by private capital in China, and later played a practical demonstration and promotion role.