19 Nov 2021
Everbright Water Secures Hebei Cangzhou Huanghua Waste Water Treatment Plants PPP Project, Solidifying Portfolio in Beijing-Tianjin-Hebei Region
Singapore and Hong Kong, 19 November 2021 – China Everbright Water Limited ("Everbright Water" or the "Company"; stock codes: U9E.SG and 1857.HK) (中國光大水務有限公司), an environmental protection company focusing on water environment management, is pleased to announce that the Company has signed agreements with Huanghua City Management and Comprehensive Administrative Law Enforcement Bureau, Hebei Province, and secured Hebei Cangzhou Huanghua Waste Water Treatment Plants Public-Private Partnership ("PPP") Project ("Huanghua Project"), with a total investment of approximately RMB208 million.
The project company established by Everbright Water, which holds a 95% equity interest therein, will be responsible for the investment in, financing, operation and maintenance of Huanghua Project based on a PPP model, for a concession period of 30 years. The project provides treatment services for municipal waste water and a small amount of industrial waste water. With a total designed waste water treatment capacity of 40,000 m3/day, Huanghua Project involves three sub-projects: Huanghua Tengzhuangzi Waste Water Treatment Project with a designed waste water treatment capacity of 20,000 m3/day; Huanghua Town Waste Water Treatment Project with a designed treatment capacity of 10,000 m3/day; and Huanghua Urban Area Waste Water Treatment Project with a designed treatment capacity of 10,000 m3/day. All such sub-projects have commenced operation, with the discharged water complying with the key control area standards listed in Table 1 of the Water Pollutant Discharge Standards for Heilonggang-Yundong River Basin (DB13/2797-2018). The moisture content of the sludge generated by the sub-projects is lower than 60% after the dewatering process.
As a county-level city under the administration of Cangzhou City, Hebei Province, Huanghua City is located in the east of the North China Plain and on the west coast of the Bohai Bay. It is also situated at the Bohai Economic Rim and the Beijing-Tianjin Hub Area. The city forms part of the southern canal system of the Haihe River Basin, and serves as an important flood discharge and drainage channel in the southern Haihe canal system of the Heilonggang River Basin.
Everbright Water has recently made a breakthrough in Hebei Province's water market and had another achievement in business development. It further enhances the strategic deployment of Everbright Water in the Beijing-Tianjin-Hebei market. The Company's water treatment capacity in the region has now increased to 340,000 m3/day, strengthening the Company's service capacity and further safeguarding the water quality and safety in local communities. Moving forward, Everbright Water will continue with its corporate pursuit of "Creating Better Investment Value and Undertaking More Social Responsibility". It will fulfill its responsibilities as a corporate citizen and deliver high quality projects and services, while setting strategic directions and promoting steady development.
Separately, Everbright Water recently secured Shandong Zibo Zhoucun Waste Water Treatment Plant Upgrading Project ("Zhoucun Upgrading Project") based on a build-operate-transfer ("BOT") model, with an investment of approximately RMB37 million. The project involves the upgrading of Zibo Zhoucun Waste Water Treatment Project Phase I and Zibo Northern Waste Water Treatment Plant Expansion Project. Upon completion of the relevant construction works, several key indicators of the discharged water of the two projects, such as chemical oxygen demand ("COD"), five-day biochemical oxygen demand ("BOD5") and total phosphorus ("TP"), will be superior to the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002), while the rest indicators comply with such a standard. The moisture content of the sludge generated by the projects will be lower than 60% after the dewatering process.