09,29,2026 17 views
Datang Environmental Industry Group Co., Ltd. recently released its 2026 interim report. During the reporting period, the company achieved a revenue of 2.259 billion yuan, a year-on-year decrease of 6.17%; Net profit attributable to the parent company was 286 million yuan, a year-on-year increase of 0.91%; The net cash flow generated from operating activities was RMB 545 million, a year-on-year decrease of 32.39%; According to the report, Datang Environment's basic earnings per share are 0.1 yuan, with an average return on equity of 3.58%.
Datang Environment is a provider of environmental protection and energy-saving solutions for combustion power generation enterprises. Its main businesses include franchising of environmental protection facilities, production and sales of off the shelf catalysts, environmental protection facility engineering, water management, energy-saving, and renewable energy engineering.
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Franchise business of environmental protection facilities: As of June 30, 2026, the accumulated investment and installed capacity of the group's desulfurization franchise business is 47670 megawatts; The cumulative installed capacity of denitrification franchise operation is 40860 megawatts, and the installed capacity of desulfurization commissioned operation projects is 1960 megawatts. In the first half of the year, 5 precision ammonia injection optimization renovations were completed, effectively solving problems such as PID control lag, large ammonia escape, high ammonia consumption, and air preheater blockage; Completed 7 denitrification thermal leveling tests, significantly improved nitrogen oxide concentration field, and reduced ammonia consumption rate; Completed the renovation of two denitration air release heat sources, replacing steam heating with flue gas heating, significantly reducing the denitration steam consumption rate; Completed the renovation of one absorption tower spray layer, achieving economical and efficient combination operation of circulating pumps under the same load. The electricity consumption rate for desulfurization and emission reduction, as well as the consumption rate of limestone for emission reduction, have been reduced to varying degrees, and the level of cost reduction and efficiency improvement has steadily increased.
Water business: In the first half of 2026, our group signed 2 new water engineering projects. As of June 30, 2026, there are 3 operating water engineering projects and 8 under construction water engineering projects.
Sales catalyst business: In the first half of 2026, the group's production of plate type denitrification catalysts and honeycomb catalysts reached 22272.08 cubic meters, with a newly signed sales contract volume of 53774.18 cubic meters. From January to June 2026, the Group sold 15862.86 cubic meters of catalyst to customers outside of China Datang Group, including 777.98 cubic meters of catalyst sold to overseas customers. A total of 69 catalyst testing service contracts have been signed, with a total contract amount of RMB 7.268 million. A total of 6689.49 cubic meters of waste denitrification catalysts were comprehensively utilized.
Carbon Monitoring Business: In the first half of 2026, our group will rely on our independently developed core product for online monitoring of carbon dioxide to launch an integrated solution of "equipment+platform+operation and maintenance". We will continue to organize and implement the carbon monitoring test point project for 26 units, conduct long-term testing of cold dry non dispersive infrared spectroscopy (NDIR) and in-situ tunable semiconductor laser absorption spectroscopy (TDLAS) products, improve product performance, and develop the "Carbon Sink Cloud Analysis" digital intelligence platform software.
Engineering design and technical services: In the first half of 2026, our group signed 24 new renewable energy engineering design service projects, involving technical consulting, feasibility study preparation, design and other fields of wind power and photovoltaic projects. We also signed 2 new PMC engineering management projects.
Distributed photovoltaic business: As of June 30, 2026, the Group is operating 16 distributed photovoltaic power generation projects with a total installed capacity of 20.44 megawatts and a power generation of 10843100 kilowatt hours in the first half of the year.
Resource Recycling Business: In the first half of 2026, our company's first retired wind power equipment resource recycling project will be launched. Through the acquisition of scrapped assets of 38 wind turbines and ancillary equipment from Datang Sige Wind Farm held by Guiguan Panzhou (as defined in the "Major Acquisition and Sale Matters" section of this interim report), we will dismantle, process and resource utilize the relevant equipment, and complete the sales of resource recycling products, successfully connecting the technical path and business model of retired wind power equipment recycling. This project has been awarded the five-star certification by the Wind and Solar Equipment Recycling Professional Committee of the China Material Recycling Association. Based on the successful experience of this project, our group has formulated the "Guidelines for the Recycling and Handling of Retired Wind Turbine Equipment" to achieve standardized control of the entire chain from equipment recycling docking, on-site counting, transportation and warehousing to dismantling and disposal, and recycling and utilization. In the first half of 2026, the national level science and technology project in the field of new energy solid waste led by our group, the "National Science and Technology Major Project for Comprehensive Environmental Management in Beijing Tianjin Hebei Region - Key Technology Research and Demonstration of Green Circulation Chain Construction for Retired Wind and Solar New Energy Power Generation Equipment", will be solidly promoted. We will rely on this project to build a retired wind turbine blade and photovoltaic module disposal production line with an annual disposal capacity of 10000 tons. At the same time, the "Green and Efficient Separation Technology and Equipment for Photovoltaic Module Laminated Components" led by our group has successfully been shortlisted for the Ministry of Industry and Information Technology's Major Environmental Protection Technology and Equipment Innovation Task List.
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