Business Expansion| Agile Environmental Protection Group (AEPG) holds the majority of Zhuhai Zhongying Environmental(ZEPc) Protection co.,LTD

Recently, AEPG has signed an equity transaction agreement with Shanghai Zhongxinyuanjun Environmental protection co.,ltd and Zhuhai environmental protection industry development co.,ltd to acquire 51% equity of ZEPc and has became the major shareholder.

 

ZEPc is located in Gaolan port economic zone of zhuhai city,covering an area of about 110 mu.It is the one of the key projects of Zhuhai city environmental protection and ecological construction. after the completion of the project is capable of dealing with 87900 tons/year of waste treatment(including 36000 tons/year the hazardous waste incineration, 44900 tons/year recycling, physical & chemical dispose for 0.7 tons/year).

 

In this February, the central committee of the communist party of China and the state council has issued the outline of the development plan for the Guangdong-Hongkong-Macao greater bay area of which has made Zhuhai a very important city in the region.Rapid economic development will also lead to higher waste output, However, Zhuhai has insufficient incineration capacity, therefore relying heavily on the supply from other cities.In recent years, more than 60% of the proportion of hazardous waste transferred to other cities for treatment and disposal, leaving a huge gap in the city's disposal capacity.

 

The holding of ZEPc means that Agile environmental protection group has one more project in the core area of Guangdong-Hongkong-Macao greater bay area, which is of strategic significance for strengthening the layout of environmental protection group in south China and nationwide.Taking advantage of its favorable geographical position, agile environmental protection group will further integrate its business segment into the greater bay area, and continuously improve its service ability and competitiveness while facilitating the development of the greater bay area's Green Economy.

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