2+3

Henan Zhonglan Environmental Protection Engineering Co., Ltd. specializes in: integrated water purification equipment, groundwater defluorination equipment, well water iron and manganese removal equipment, ultrapure water equipment, valveless filters, pure water equipment, water purification equipment, sewage treatment equipment, Reverse osmosis equipment; environmental protection engineering, construction mechanical and electrical installation engineering construction; sales of water treatment equipment accessories and consumables, laboratory instruments, teaching equipment, telephone 18838160815.
English Set as homepage
Key words:
  • Home
  • Technical Information
  • Water quality standard
  • About Zhonglan
  • contact us
  • current position:

    Home > News

    Everbright Group's water treatment company goes public in Hong Kong tomorrow to raise HK $ 250 million

    Source: Author: Time: 2019-05-08 Views: Times

    Everbright Water (01857.HK), a water environmental treatment company under China Everbright Group, will be listed on the Hong Kong Stock Exchange tomorrow.

    Everbright Water will issue about 104 million new shares this time, accounting for about 4% of the issued share capital. The company's new share issue price was HK $ 2.99, and the total fundraising amount reached HK $ 250 million (about 210 million yuan). Most of the funds raised will be used to expand Everbright Water's market share in the industry.
    China Everbright Group is a large state-owned comprehensive financial holding group initiated by the Ministry of Finance and Huijin. Its business covers the financial, environmental protection, tourism and health industries.
    In 2003, China Everbright Group expanded its business to the water environment. Since then, Everbright Water established the first sewage treatment plant in Qingdao.
    At present, China Everbright Water has 86 operational water environmental treatment projects in China, most of which are located in Shandong and Jiangsu provinces. The company has another 25 projects under construction or in reserve.
    According to data provided by Everbright Water, as of the end of 2017, the company's municipal sewage treatment capacity ranks fifth in China.
    Last year, Everbright Water's operating income reached 4.76 billion Hong Kong dollars (about 4.1 billion yuan), and its net profit was 670 million Hong Kong dollars (about 570 million yuan). Nearly three-quarters of the company's revenue comes from municipal wastewater treatment, and the rest is mainly contributed by businesses such as water environment treatment and water supply.
    In June of last year, Everbright Water spent RMB 82 million to acquire the entire equity of Xuzhou Municipal Design Institute. After the acquisition was completed, Xuzhou Municipal Design Institute was integrated into the technology and design system of Everbright Water.
    Everbright Water Executive Director and President An Xuesong once said that after owning its own municipal design agency, the company will improve the engineering design efficiency in the water environment field and reduce related costs.
    In 2014, Everbright Water entered the Singapore Stock Exchange. At present, China Everbright International (0257.HK), a subsidiary of China Everbright Group, holds 75.2% of Everbright Water, making it the company's largest shareholder.
    In January this year, Everbright Water had just completed the issuance of a 700 million Hong Kong dollar (about 600 million yuan) panda bond. Two years ago, the company was approved to issue no more than RMB 2.5 billion panda bonds in China. Panda bonds refer to RMB bonds issued by international multilateral financial institutions in China.
    In 2017 and 2018, Everbright Water successively issued the first two instalments of bonds with a total amount of HK $ 1.8 billion (about 1.55 billion yuan).
    After the listing on the Hong Kong Stock Exchange, the company's available funds for project investment will be more abundant.
    0

    Phone: 0371-63916789 Mobile: 188 3816 0815 QQ: 2473990570 Fax: 0371-55623698 Email: zljituan88@163.com

    Office Address: 910, 9th Floor, Building No. 6-B, West Fourth Ring Road, Zhengshang Road, Zhongyuan District, Zhengzhou City Factory Address: Block C, South Food Machinery Industrial Park, Jinfeng Avenue, Xiping County, Zhumadian, Henan Province

    Overseas Business Department (Pakistan) 00923434039999 008613838581116 Islamabad Office: Pakistan, Islamabad, F7 / 4, 60th Street, 1

    Henan Public Security No. 41010202002010