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Pengyi Environmental Protection: SEED Water Treatment Plant Currently in Demonstration Application and Market Expansion Stage, Scale Contribution Will Be Gradually Reflected as Project Implementation and Revenue Recognition Progress Advance
People’s Financial News, March 23 — Pengyao Environmental Protection stated on the interactive platform on March 23 that the overall gross profit margin of the company’s SEED water plant is affected by various factors such as the project’s location, scale, technical configuration, and local policies. Currently, the SEED water plant is in the demonstration and market expansion stage. Its contribution to scale will gradually be reflected as projects are implemented and revenue is recognized. The specific performance contribution is subject to the company’s periodic reports.