@ywtoh,
For us investors, the next best thing to having guaranteed revenue coming in each quarter, is signing up a multi-year provincial deal with minimum commitments attached similar to iTEST's 66,000 m3/d minimum 3 year contract.
The structure may be something along the lines of:
Liaoning Province (Xinglongtai District) may provide Fluence with the assembly plant site at minimal rental cost for the duration of the contract, and provide tax incentives on revenues generated.
Fluence hires local staff and assembles Aspiral plants for the region.
Liaoning agrees to install a minimum of 300 Aspiral plants or say 100,000 m3/d per year.
Local partner Liaoning Huahong New Energy hires local municipal contractors for the installations.
Liaoning Province has to install sewage treatment in the province to comply with Beijing directives in the 13th 5YP. They get the benefit of top class international technology that meets the most stringent effluent discharge standards, while assembly production, municipal works and installations are all completed using Liaoning based workers and equipment.
I believe if this successfully occurs and each side meets their commitments for at least the first 6 months of operation, it is possible that Fluence may install a MABR spiral production line on-site to service the additional neighboring Jilin & Heilongjiang regions. This would alleviate some pressure on the single MABR production line at Changzhou and save on MABR spiral transportation costs. It depends whether it is more cost efficient to have a 2nd production line at Changzhou and pay to transport spirals north, or have the 2nd production line up north and hire extra production and engineering staff in Liaoning.
There are other negotiations for provincial assembly facilities elsewhere, so there may be other opportunities for a more efficient MABR production and assembly structure in future. This is the next phase we dream of, where management and we as investors go from questions such as "are we EVER going to sell any MABR WWTP's in China???" to "what is the most cost efficient way that we can manage multiple assembly and manufacturing facilities to meet demand for MABR from multiple jurisdictions worldwide?"
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