Mission Statement, Vision, & Core Values (2026) of Spic Yuanda Environmental-Protection Co., Ltd.

Spic Yuanda Environmental-Protection Co., Ltd. (600292.SS), founded in 1994 and employing over 2,000 people, is rapidly reshaping China's environmental-services landscape with operations across 31 provinces, autonomous regions and municipalities and a footprint in 10 overseas countries (including eight along the Belt and Road), while pursuing an asset restructuring to become a hydropower asset integration platform within the China Power Investment Group; in 2024 the company reported revenue of 4.72 billion yuan (up 11% year‑on‑year) and a net profit of 35.96 million yuan (down 33% year‑on‑year), having invested approximately 500 million yuan in R&D over the past two years and generated roughly 15% of sales from overseas markets in 2022, with a Dec 12, 2025 stock price of 12.95 yuan and a market capitalization near 10.11 billion yuan-details that frame its mission to lead in waste treatment, water purification and air pollution control, its vision to build a low‑carbon new energy ecosystem aligned with national "dual carbon" goals, and its core values of sustainability, innovation, community engagement, integrity and excellence

Spic Yuanda Environmental-Protection Co., Ltd. (600292.SS) - Intro

• Founded: 1994
• Domestic coverage: 31 provinces, autonomous regions, and municipalities
• International presence: Operations in 10 overseas countries, including eight Belt and Road Initiative partners
• Employees: Over 2,000
• Listing: Shanghai Stock Exchange, ticker 600292

• Deliver scalable, technology-driven solutions for pollution control and resource recovery to protect public health and ecosystems.
• Create sustainable, long-term value for stakeholders by integrating environmental stewardship with sound financial performance.

• Become a premier hydropower asset integration platform within China Power Investment Group while maintaining leadership in environmental services.
• Scale integrated environmental and energy solutions across domestic and Belt and Road markets to support low-carbon transitions.

• Environmental stewardship: Prioritize measurable pollution reduction and resource reuse across projects.
• Innovation: Invest in process and technology upgrades to improve treatment efficiency and cost-effectiveness.
• Safety & compliance: Uphold regulatory standards across 31 domestic regions and international operations.
• Stakeholder value: Balance social responsibility with profitability-evidenced by revenue growth (4.72 billion CNY in 2024) while navigating profit volatility.
• Integration & collaboration: Support strategic transformation into a hydropower asset integration platform through internal and external partnerships.

• Asset restructuring: Transform core business model toward hydropower asset integration under China Power Investment Group to enhance competitiveness and diversify revenue streams.
• Operational scale: Leverage presence in 31 provinces and 10 overseas markets to replicate best practices and realize economies of scale.
• Financial resilience: Address net profit contraction (-33% YoY in 2024) through cost optimization, higher-margin contracts, and asset reallocation.
• Technology deployment: Prioritize investments in water and air treatment technologies that improve throughput and reduce operating costs.

Spic Yuanda Environmental-Protection Co., Ltd. (600292.SS) - Overview

• Mission Statement: To lead the environmental protection industry by providing comprehensive, compliant, and technologically advanced solutions for waste treatment, water purification, and air pollution control.
• Vision: To scale green operations globally, reduce environmental footprints across client operations, and be recognized as a top-tier provider of integrated environmental services by 2030.
• Core Values: Technological innovation, regulatory compliance, sustainability, service quality, integrity, and continuous improvement.

• R&D investment: ~500 million yuan invested in research and development over the past two years to accelerate new treatment technologies and digital service platforms.
• Global footprint: Overseas markets contributed approximately 15% of sales in 2022, with active projects spanning Asia, the Middle East, and select African markets.
• Sustainability goals: Company-wide initiatives to lower carbon intensity and improve energy efficiency across facilities; targets include progressive year-over-year reductions and adoption of green procurement standards.

• Service Quality & Compliance: Systems and project execution are designed to meet or exceed national emission limits and relevant international standards; quality control and third-party verification are standard elements of project delivery.
• Continuous Improvement: Investment in automation, remote monitoring, and predictive analytics to shorten response times, reduce downtime, and improve treatment performance metrics (e.g., effluent compliance rates, pollutant removal efficiencies).

Spic Yuanda Environmental-Protection Co., Ltd. (600292.SS) - Mission Statement

• Champion deployment of low‑carbon technologies that reduce greenhouse gas emissions across the power, industrial and municipal sectors.
• Scale green energy integration (wind, solar, energy storage, hydrogen-ready solutions) into balanced energy ecosystems.
• Drive innovation-led product portfolios that improve energy efficiency, waste-to-energy conversion, and ecological restoration.
• Expand domestic and international project footprints to export proven low‑carbon solutions and services.
• Ensure balanced growth by aligning financial performance with ESG metrics and long‑term sustainability targets.

• Become a leading enterprise in ecological environmental protection, building a new energy ecosystem under national dual‑carbon mandates.
• Contribute to the 'Beautiful China' initiative by enabling low‑carbon urbanization and industrial transformation.
• Position Spic Yuanda as a pioneering listed company within the China Power Investment Group focused on low‑carbon ecological technology.
• Pursue innovation-driven development, integrating advanced digital, storage and hydrogen technologies to strengthen competitiveness.
• Scale internationally to apply China‑developed ecological solutions to global environmental challenges.

• Invest in R&D for low‑carbon process technologies and digital O&M to lower lifecycle costs and improve asset utilization.
• Form strategic partnerships within the China Power Investment Group ecosystem to leverage capital and engineering resources.
• Adopt balanced growth finance strategies-mixing listed equity, project financing and green bonds-to fund rollout while controlling leverage.

Spic Yuanda Environmental-Protection Co., Ltd. (600292.SS) - Vision Statement

• Environmental Sustainability - Commitment to delivering technologies and services that reduce emissions, conserve resources, and advance circularity across industrial and municipal clients.
• Innovation - Persistent investment in R&D to develop next-generation waste-to-energy, flue-gas treatment, and water-reuse systems tailored to high-growth decarbonization demands.
• Community Engagement - Active local partnerships, public education campaigns, and job-creation programs that align projects with community development goals.
• Integrity and Transparency - Rigorous compliance, third-party monitoring, and open disclosure to build trust among regulators, customers, and investors.
• Excellence - Operational discipline, quality assurance, and continuous improvement to improve uptime, efficiency, and lifecycle performance of assets.
• Social Responsibility - Prioritizing projects that address public health, ecosystem protection, and long-term sustainable development objectives.

• Scale proven environmental technologies into national and international markets to capture growing regulatory-driven demand.
• Increase R&D intensity to maintain leadership in treatment efficiency and lower total cost of ownership for clients.
• Deepen community-centric project design to ensure public acceptance and maximize social co-benefits.
• Enhance governance and disclosure practices to support institutional investor engagement and long-term capital access.

• Environmental Sustainability - Project design standards prioritize pollutant elimination to meet or exceed national emission limits, combined with lifecycle resource-efficiency metrics.
• Innovation - Dedicated R&D centers and pilot facilities validate technology upgrades before scale deployment; modular solutions accelerate time-to-market.
• Community Engagement - Stakeholder consultation frameworks, local hiring targets, and community-benefit agreements embedded in project delivery.
• Integrity and Transparency - Regular third-party audits, environmental monitoring disclosures, and clear contract governance practices.
• Excellence - Performance KPIs (availability, removal efficiency, O&M cost per unit) drive continuous optimization of assets under management.
• Social Responsibility - Prioritization of projects in underserved regions, technology transfer, and training programs to uplift local capacity.

• Board oversight of sustainability and risk management to align strategic investments with long-term value creation.
• Disclosure improvements aiming to align reporting with recognized frameworks (e.g., environmental metrics, sustainability-linked KPIs).
• Engagement with institutional investors to finance large-scale projects and support international expansion.