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Chengdu Environment Group Signs Strategic Cooperation Agreement with China Conch Venture

  On March 8, 2018, Chengdu Environment Investment Group Co., Ltd. (hereinafter referred to as “Chengdu Environment Group”) signed strategic cooperation agreement with China Conch Venture Holdings Limited (hereinafter referred to as “China Conch Venture”) in the International Conference Hall of Anhui Conch Group Co., Ltd., Wuhu, Anhui. Li Yong, Vice General Manager of Chengdu Environment Group, and Ji Qinying, General Manager of China Conch Venture, signed strategic cooperation agreement on behalf of their own company. Other leaders attending the signing ceremony include Li Benwen, Party Secretary and Chairman of Chengdu Environment Group, Yu Ningyue, Full-time Outside Director of Chengdu Environment Group, and Guo Jingbin, Chairman of China Conch Venture.

  China Conch Venture is a company listed on the Hong Kong Stock Exchange and the second largest shareholder of Anhui Conch Group Co., Ltd. As a company engaged in new materials for energy saving and environmental protection, it has established a strategic partnership with numerous famous companies of cement industry and boasts its advanced technology of co-processing industrial solid and hazardous wastes in cement kilns, showing strong development momentum. Since Chengdu Environment Group is an integrated state-owned company engaged in environmental protection industry, it has a strong advantage in technology, operation and market in such aspects as water and disposal of solid and hazardous wastes. Currently Chengdu Environment Group is actively expanding the emerging services sector of environmental protection industry.

  The cooperation between Chengdu Environment Group and China Conch Venture marks the establishment of strategic cooperation platform for co-processing industrial solid and hazardous wastes. The two parties will give full play to their own advantages through diversified and all-round strategic cooperation to promote the improvement of industrial layout, technological exchange, business expansion and business benefits in Southwest China, achieve a win-win result and accelerate the development of environmental protection industry.

  Li Benwen, leading a delegation, paid a survey visit to Wuhu Conch Venture Environmental Protection Co., Ltd. before the signing ceremony, and learned about the process of co-processing industrial solid wastes in cement kilns as well as its technological advantage. The two parties also conducted in-depth exchanges on specific cooperation issues and agreed to set a schedule to ensure the steady progress in cooperation.