As a leading player in the domestic environmental protection industry, Everbright International has upheld its mission of being "Devoted to Ecology and Environment for a Beautiful China", as well as its aspiration to "Create Better Investment Value and Undertake More Social Responsibility". The Company made comprehensive development strategies for "value creation" and "reform and upgrade", as well as following its integrity and seeking innovation. As a result, its business sectors have maintained positive momentum of vitalised growth.
As at 31 December 2019, Everbright International had secured 399 environmental protection projects, commanding a total investment of approximately RMB123.801 billion. It also undertook 27 environmental remediation projects, 11 engineering procurement construction ("EPC") projects, 2 Energy Management Contract ("EMC") projects and 3 operation and management ("O&M") projects.
As Asia's largest waste-to-energy investor and operator, the environmental energy sector covers a number of areas, including waste-to-energy, food waste treatment, leachate treatment, methane-to-energy, sludge treatment and disposal, as well as the investment and construction of environmental industrial parks.
As of 31 December 2019, the environmental energy sector had secured 125 waste-to-energy projects (including 2 O&M projects), 18 food waste treatment projects, 5 sludge treatment and disposal projects, 3 leachate treatment projects, 2 methane-to-energy projects, 1 fecal treatment project, 1 fly ash landfill project, 1 medical waste treatment project and 1 solid waste treatment project, with a total investment of approximately RMB70.594 billion. These projects have a total designed annual household waste processing capacity of approximately 41.74 million tonnes, which can generate annual on-grid electricity of approximately 13.7 billion kWh. The total designed annual food waste treatment capacity is approximately 865,000 tonnes, while the total designed annual sludge treatment capacity is approximately 157,000 tonnes, and the designed annual medical waste treatment capacity is approximately 4,000 tonnes.
The greentech sector covers various business areas, including integrated biomass utilisation, hazardous and solid waste treatment and environmental remediation. China Everbright Greentech Limited ("Greentech") is a listed company on the Main Board of the Stock Exchange of Hong Kong Limited (the "Stock Exchange"). As at 31 December 2019, Everbright International held a 69.7% stake in Greentech.
As at 31 December 2019, Greentech had secured 109 projects, with 48 biomass integrated utilisation projects, 51 hazardous waste and solid waste treatment projects, 7 solar energy projects, 2 wind power projects and 1 environmental protection company, with a total investment of approximately RMB29.130 billion. The designed annual processing capacity of biomass raw materials was 8.10 million tonnes, the designed annual household waste processing capacity was 3.23 million tonnes, and the designed annual hazardous waste and solid waste treatment capacity was approximately 2.23 million tonnes. There was a total of approximately 6.6 billion kWh of on-grid electricity generated, while the annual heat supply capacity amounted to approximately 3.18 million tonnes. In addition, Greentech also undertook 27 environmental remediation services in total, with an aggregate contract value of approximately RMB725 million.
The environmental water sector has developed a business coverage, which includes raw water protection, water supply, municipal waste water treatment, industrial waste water treatment, reusable water, river-basin ecological restoration, and sludge treatment and disposal. Meanwhile, it has also formed an industry chain on the water business, including project investment, planning and design, technological research and development, engineering and construction, operations management, among others. China Everbright Water Limited ("Everbright Water") is a listed company on the Mainboard of the Singapore Exchange Securities Trading Limited and the Main Board of the Stock Exchange. As at 31 December 2019, Everbright International held a 72.87% stake in Everbright Water.
As of 31 December 2019, Everbright Water had secured 129 projects in total, including 1 raw water protection project, 3 water supply projects, 96 municipal waste water treatment projects, 12 industrial waste water treatment projects, 1 leachate treatment project, 8 reusable water projects, 6 ecological restoration of river-basin projects and 2 waste water source heat pump projects. These projects command a total investment of approximately RMB23.485 billion. Everbright Water also secured 2 EPC projects and 1 O&M project. These projects have a designed annual waste water treatment capacity of approximately 1.9 billion m3, a designed annual reusable water supply capacity of approximately 75.41 million m3, and a designed annual water supply capacity of approximately 310 million m3. The waste water source heat pump projects provide heating and cooling services to an area of 295,000 m2.
In 2019, based on the "Intelligent Manufacturing" approach, the equipment manufacturing sector took the initiative to implement key initiatives, such as introducing talents, boosting technological capacity, launching new products, enhancing productivity and offering excellent services. As a result, it saw continued improvement in its overall competitiveness in the market. Additionally, the construction of Phase III of Everbright International's equipment manufacturing centre in Changzhou City was completed, and the centre has commenced trial operation.
Everbright International has currently established an integrated waste-to-energy system with a full set of intellectual property rights, covering grate furnaces, gas purification systems, leachate treatment systems and automatic control systems. The Company launched a series of cutting-edge products that demonstrate its technological strengths in environmental protection equipment manufacturing in China, which shows that it not only commands a top-tier position in the domestic environmental protection industry, but has also successfully strengthened its influence in the industry worldwide.
The opportunities presented by China's "Belt and Road" initiative, and favorable policies relating to high-end equipment manufacturing, have provided support for Everbright International's core and self-developed equipment to become the environmental protection equipment of choice in the industry, facilitating the Company to raise the profile and reputation of the "Intelligent Manufacturing by Everbright International" brand.
As Everbright International's new business sector, the eco-recycling sector mainly focuses on solid waste treatment front-end services and the utilisation of renewable resources, with the aim to become a first-class investor, operator and services provider in China in the area of integrated urban-rural environmental management.
In 2019, Everbright International invested RMB45 million to obtain a 90% equity interests in a technology-based enterprise focusing on the waste sorting business, and forayed into the waste sorting and resource recycling business sector. The eco-recycling sector, based on a smart waste sorting system, developed dedicated rubbish bags for residents to carry out their wet and dry waste-sorting, in a bid to collect data and better understand the waste sorting and disposal habits of the residents. The initiative traced the waste sorting process and fostered refined development of the waste sorting model. In addition, with a goal of realising the concept of "sorting for utilisation, utilising after sorting" for household waste, as well as advancing the level of integrated utilisation of recyclable resources, the eco-recycling sector proactively explored and promoted the low-value waste treatment business, including the integrated treatment of construction waste from old town area reconstruction, as well as paper-based food packaging materials.
In addition, the eco-recycling sector secured Yunnan Yuxi Environmental Sanitation Integration Project in 2019, marking Everbright International's first environmental protection project in Yunnan Province.
The greenergy sector, another new business sector of Everbright International, has a keen focus on energy-saving lighting for urban roads and other energy conservation industries.
In 2019, Everbright International and Beijing Jinglang Photoelectric Technology Co., Ltd. signed a cooperation agreement to jointly establish Everbright Brilliant Greenergy and Lighting (Shenzhen) Limited ("Everbright Greenergy"), a joint venture company in which Everbright International holds a 60% equity stake. The establishment of Everbright Greenergy marked Everbright International's entry into the new era for energy-saving technologies and services. Everbright Greenergy began its business with the launch of its major product, Everbright Greenergy New Sodium Lamp. It is devoted to facilitating cities and regions to fully upgrade their energy-saving lighting networks based on different models, such as the EMC model or direct purchases. It intends to enter the market by offering upgrades to the traditional high-pressure sodium lamps across the country, and explores a "triple-win" situation where three parties benefit as they help government authorities to save on budget, benefit the public, and also generate profit for the business.
In 2019, the greenergy sector signed strategic cooperation agreements with the Rizhao Municipal Government and Ji'nan Municipal Government of Shandong Province, respectively, on the EMC projects for upgrading energy-saving streetlights in both cities. The projects involve approximately retrofitting 13,500 energy-saving streetlights. At the same time, the greenergy sector invested in setting up energy-saving streetlight production and R&D bases in Ji'nan City. Separately, a number of demonstrative street areas have been successfully installed with Everbright Greenergy New Sodium Lamp in major cities such as Beijing, Shenzhen, Nanjing, and Hangzhou, boosting the brand awareness of the Everbright Greenergy New Sodium Lamp.
Adhering to technological innovation to enhance internal motivation and core competitiveness is the target pursued by Everbright International. Additionally, investment in innovative technology requires persistence.
In 2019, Everbright International made proactive efforts to optimise and adjust the framework for technological innovation, and further confirmed the important role of the technological innovation on guiding and propelling the development of the Company. Through comprehensive reviews and the integration of technological R&D resources, it implemented its "Three Institutes" plan through the establishment of a green technology innovation and research institute, a zero-waste city research institute, and an ecological and environmental planning and design institute. It also established related technological innovation platforms in Hong Kong, Shenzhen, Nanjing, Qingdao and Xiongan New Area. Among these platforms, China Everbright Green Technology Innovation Research Institute Limited was established in Hong Kong. As the headquarters of Everbright International's technological innovation and R&D, the institute will form a "Four-in-One" structure together with Everbright International's technological innovation platforms in Shenzhen, Nanjing and Qingdao cities. Additionally, Everbright International also established its zero-waste city research institute in Xiongan New Area, marking China's first research institute dedicated to the "Zero-Waste City" theme within the area.
As of 31 December 2019, Everbright International had been granted 773 patents and software copyright licenses in total, including 105 invention patents, 588 utility model patents, 76 software copyright licenses and 4 appearance patents.
In 2019, in order to support the healthy development of its ecological and environmental protection business, Everbright International has reclassified Everbright Ecological and Environmental Planning and Design Institute (the "Environmental Planning and Design Institute") as a new business sector. The Company will further improve the design qualifications of the Environmental Planning and Design Institute with the aim of developing it into a first-class planning institute to enhance innovation capabilities, and through the marketisation of development, striving to achieve new breakthroughs in various aspects, including design quality, value creation, brand building and industry-leading.
In 2019, the Environmental Planning and Design Institute took the initiative to seek opportunities in various design consulting services projects and signed 2 EPC projects. It was responsible for the projects' engineering design, equipment procurement, construction management, completion and handover, etc. In addition, the Everbright Analysis and Testing Centre achieved breakthroughs, as it conducted testing on various fields such as gas, fly ash, bottom ash, leachate, air and groundwater, and so on.