Company Overview

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  • In December 2016, the company, together with China ENFI Engineering Technology Co., Ltd. and MCCT, co-financed a joint venture company in Pakistan to promote the Lahore 40MW waste-to-energy project.
    In November 2016, the company won the bidding for the PPP project of Ningxia Ningdong Energy and Chemical Industry Base concerning comprehensive utilization of water resources.
    In August 2016, the company successfully won the bidding for the PPP project of Pei County, Jiangsu Province.
    In December 2016, the Wanxing Green Power Plant began trial operations.
  • In September 2015, the company cooperated with CITIC Environmental Investment Group Co., Ltd. to establish Chengdu Xingrong Environment Co., Ltd. as a joint venture, marking the successful expansion to the field of MBR technology.
    In June 2015, the company was renamed “Chengdu Xingrong Environment Co., Ltd.” from “Chengdu Xingrong Investment Co., Ltd.”
    In November 2015, China Chengxin International Credit Rating Co., Ltd. upgraded the company’s main credit rating from AA+ to AAA, the highest credit rating.
    In May 2015, the Research Institute of the company was set up to build a platform for research and development.
  • In March 2014, Chengdu Xingrong Anke Construction Engineering Company Limited, a wholly-owned subsidiary of the company, was established with its primary business including water supply and drainage engineering, municipal engineering design, and construction and pipeline detection.
    In December 2014, Chengdu Xingrong Investment Co., Ltd. Reclaimed Water Branch was founded, primarily to take charge of the investment, construction, operations, and sales of reclaimed water projects.
    In August 2014, the company’s application for issuance of RMB 2.2 billion of corporate bonds was approved by the China Securities Regulatory Commission; In September, it issued its first tranche valued at RMB 1.1 billion.
  • In February 2013, the company successfully raised RMB 1.816 billion through the allotment of shares, which was used for the construction of the first phase of the No.7 water plant project of Chengdu Municipal Waterworks Co., Ltd.
    In October 2013, a subordinate sewage sludge treatment plant was officially put into operation, with a capacity of 400 tons per day.
  • In May 2012, the Contract on the Transaction of 100% Shareholding of Chengdu Xingrong Renewable Energy Co., Ltd. was signed between the company and Chengdu Xingrong Group Co., Ltd. Since then, Chengdu Xingrong Renewable Energy Co., Ltd. became a wholly-owned subsidiary of the company.
  • In April 2011, by raising funds through a private placement, the company purchased 100% shareholding of Chengdu Municipal Waterworks Co., Ltd., owned by Chengdu Xingrong Group Co., Ltd. Since then, Chengdu Municipal Waterworks Co., Ltd. became a wholly-owned subsidiary of the company.
  • In July 2010, the company was renamed “Chengdu Xingrong Investment Co., Ltd.” from “Blue Star Cleaning Co., Ltd.”, with the Stock ID “Xingrong Investment” changed from “Blue Star Cleaning”.
    In January 2010, approved by the China Securities Regulatory Commission, the company restructured its major assets. With the withdraw of all chemical assets, liabilities, and businesses of Blue Star Cleaning Co., Ltd., the Chengdu Drainage Co., Ltd., owned by Chengdu Xingrong Group Co., Ltd., placed its 100% shareholdings into the company. Since then, Chengdu Drainage became a wholly-owned subsidiary of the company.
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