On February 13, 2019, Hong Kong – China Everbright Green Environmental Protection Co., Ltd. (“Guangda Green Environmental Protection” or “Company”) (Hong Kong stock code: 1257) is pleased to announce that the company recently signed the Anhui Huaiyuan Dangerous Waste Landfill Project (“Huaiyuan Project” '), involving an investment of about 174 million yuan.
The design scale of Huaiyuan project is to dispose 40,000 tons of industrial solid waste per year, and the designed storage capacity is 400,000 cubic meters (reserved the second phase of storage capacity is about 500,000 cubic meters). It is responsible for disposing of hazardous waste generated by industrial enterprises within Huaiyuan County. And industrial solid waste. The project will be built in a BOO (Build-Operate-Owned) model with a franchise period of not less than 50 years.
Mr. Qian Xiaodong, Chief Executive Officer of Everbright Green Environmental Protection, said: Everbright Green Environmental Protection and Huaiyuan County have a good cooperation foundation. The Huaiyuan Biomass and Waste-to-Energy Integrated Project that was previously invested and put into operation has been put into operation and operated stably, providing a solution for the disposal of local urban and rural household waste. A cost-effective solution. The implementation of the Huaiyuan project will further promote the transformation of the original single environmental protection project in Huaiyuan County to the environmental vein industrial park model. The company will also continue to work hard to provide local system-wide environmental protection solutions to protect the continued construction of “beautiful, ecological and humanistic”.