China Environmental Protection (CEP) is a newly issued stock on the GEM board. 301175 CEP's subscription date is June 27th. The stock has a large issuance volume among the GEM stocks this week, and the issuance price is $3.82, which is cheaper than other stocks, but it does not mean that the gain will be less, so you can actively subscribe to it. Prospectus.jpg Overview of the main business CECC serves the national "green development" strategy of ecological protection, relying on the scientific and technological resources of the Chinese Academy of Sciences and many years of experience in the industrialization of scientific and technological achievements, focusing on the provision of comprehensive services for the government and society to deal with the disposal of waste. The Environmental Protection Department of the Chinese Academy of Sciences (CAS) is an environmental protection industry platform led by scientific and technological innovation, with the goal of becoming an outstanding enterprise that "changes the environment through science and technology". CAS Environmental Protection has been rooted in China's environmental protection field for a long time, and has formed a profit model based on income from garbage disposal services, power supply and heating revenue around the domestic waste disposal business. The company has innovatively established a circular economy industrial park model with domestic waste incineration power generation project as the main body, and synergistic disposal of kitchen waste, sludge, medical waste and other wastes; implemented waste incineration treatment to provide industrial enterprises with efficient utilization of thermal energy model, providing industrial heat source infrastructure services while completing waste treatment; and earlier realized an engineering demonstration of transforming a CFB incineration power plant into a grate furnace without shutting down the production. On this basis, the company actively seeks business expansion and continuously optimizes its business structure, forming a business pattern with domestic waste incineration and power generation business as the core, actively expanding the purchase of properties for hazardous waste disposal offices, and promoting the coordinated development of environmental protection equipment sales and technical services. Zhongke environmental protection main business income. Coded image file extension stored in jpeg file exchange format To promote the development of waste treatment and disposal business through model innovation, CECC continuously deepens the domestic waste incineration and power generation business, undertakes project investment-construction-operation in franchise mode, and adopts the "cogeneration" mode to provide heating services for the neighboring industrial enterprises, to realize the harmless treatment and disposal of domestic waste and to realize the development of the domestic waste treatment and disposal business. It also adopts the "cogeneration" mode to provide heat supply services for the surrounding industrial enterprises, realizing the harmless treatment of domestic garbage and diversified utilization of heat energy. As of the signing date of this prospectus, the company has signed 9 franchise agreements for domestic garbage incineration power generation projects, with a franchised garbage treatment capacity of 12,250 tons/day, and has put into operation projects with a treatment capacity of 6,450 tons/day. All units of the Jincheng project with a treatment capacity of 800 tons/day have been connected to the grid and have entered into trial operation. In addition, the Company signed the "Mianyang Third Domestic Waste Incineration Power Generation (Jiangyou City) Project Construction Agreement" for the Jiangyou project, with a planned treatment capacity of 1,500 tpd, of which the first phase is planned to have a treatment capacity of 500-800 tpd. If the Jiangyou project is not included in the "Medium- and Long-Term Special Plan for Domestic Waste Incineration Power Generation in Sichuan Province" by December 31, 2023, the Agreement will be automatically canceled. Meanwhile, the Company has continuously practiced and successfully established the model of circular economy industrial park, and the Mianyang project has entered the list of the first 50 resource recycling bases in China. Relying on these innovative models, the Company has added kitchen waste, sludge and medical waste treatment business, realizing the goal of synergistic recycling of various wastes and effectively improving economic benefits. The Company also actively extends to the upstream and downstream of the industrial chain to establish business synergy advantages, and provides systematic services to local governments, including domestic waste transportation and treatment. In addition, the Company seeks to further expand its hazardous waste treatment and disposal business by relying on its experience in the operation and management of medical waste treatment projects, as well as through the accumulation of incineration and pollution control technologies. Taking scientific and technological innovation as the core, the company drives the development of equipment sales and technical service business, which is a high-tech enterprise. Focusing on "independent research and development, institutional cooperation and introduction of innovation", it has established a sound mechanism for scientific and technological innovation, and is actively carrying out research and development of advanced incineration technology and equipment, ultra-low pollutant emission control technology and equipment, and engineering application of intelligent technology. The Cixi project has provided on-site application research, engineering experimental support and engineering demonstration for the research and development of complete sets of technology and equipment for the production blocking of dioxin in domestic garbage/medical waste, and the research on the blocking of dioxin pollutants in domestic garbage incineration. The project on iron and steel smelting waste incineration and dioxin pollution control technologies and countermeasures was awarded the Second Prize of the National Science and Technology Progress in 2019. Meanwhile, the issuer has established technical exchange and cooperation relationships with research institutes and universities such as Chengdu Institute of Biology of the Chinese Academy of Sciences and Ecological Environment Research Center of the Chinese Academy of Sciences, accumulating a large amount of technical experience. In addition, the company has carried out Sino-foreign technical cooperation with Danish Weiland and obtained the authorization of V?LundSystemsTM grate furnace incineration technology, and carried out innovation and optimized design according to the characteristics of domestic waste in China to realize the localized innovation of international technology, which has been successfully applied in domestic domestic waste incineration and power generation projects. Relying on the technology, the Company successfully completed projects such as upgrading the Cixi circulating fluidized bed incineration power generation technology to grate furnace incineration power generation technology, realizing the market promotion of the technology, effectively upgrading the automation level of the relevant domestic waste incineration power generation projects, improving the operational efficiency and facilitating the projects to maintain good profitability level. From this, CECC obtained the supporting technical equipment for domestic waste incineration power generation projects, new environmental protection materials, purification and utilization of biological natural gas and other technologies, which effectively promoted the sales of environmental protection equipment and the development of technical service business through market promotion. [Purchase Information] Purchaseinformation.jpg Having looked at the current state of the environmental protection industry, the competitive landscape, and the information on the application, here are some suggestions for you to expand your IPO application. IPO subscription is suitable for investors who have certain requirements for liquidity and risk tolerance, such as secondary market investors, bank financial investors, and large enterprises and companies with idle capital. Suggested Purchase 1. Subscription of new shares to pay money in advance rather than after winning. In this regard, industry insiders generally believe that the allocation of shares according to the market value of the shares held, and not prepaid, means that shareholders holding the outstanding market value have the opportunity to subscribe to the new shares, but the winning rate will be lower. 2. Adjusted three times after winning the bid after the non-payment rule, added "three times in 12 consecutive months after winning the bid after the non-payment of investors, 6 months shall not participate in the new tender" disciplinary measures.