Fuchun Environmental

Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd. (referred to as "Fuchun Environmental", stock code 002479) was founded in 2003 and listed on the Shenzhen Stock Exchange in September 2010. It is a large-scale circular-economy-oriented environmental public utility enterprise in China. In 2020, Fuchun Environmental came under the control of Nanchang Municipal State-owned Assets Supervision and Administration Commission, becoming a state-owned holding enterprise. In 2022, it was officially incorporated into Nanchang Municipal Public Utilities Group Co., Ltd., a subsidiary of Nanchang SASAC that aims to be a "hundred-billion, century-old" enterprise and has been selected among China's Top 500 Enterprises for five consecutive years, opening a new chapter of high-quality development for Fuchun Environmental.

Fuchun Environmental has always adhered to "cogeneration of heat and power + resource utilization of solid waste (hazardous waste) + environmental monitoring and treatment" as the foundation of its development, and continuously innovates and makes breakthroughs on this basis. The company adopts a non-local replication (merger and acquisition) model for extensional expansion. At present, its business footprint covers Zhejiang, Jiangsu, Jiangxi, Shandong and other places, with ten cogeneration bases, two solid waste resource utilization and disposal bases, one hazardous waste disposal base and one five-in-one circular economy industrial park.

In the cogeneration segment, Fuchun Environmental has ten cogeneration projects, with a total production scale of thirty-five boilers and twenty-three turbines, a total installed capacity of 358 MW, and a boiler evaporation capacity of more than 4,420 tons/hour. In the solid waste (hazardous waste) resource utilization segment, the company plans to achieve a sludge treatment capacity of 750 tons/day. The resource utilization of non-ferrous-metal-containing solid waste is another highlight of Fuchun Environmental. Through the acquisition of Zhejiang Suichang Huijin Nonferrous Metals Co., Ltd., the company officially entered the fields of resource utilization of scrap metals and hazardous waste disposal.

On the journey of the new era, Fuchun Environmental takes promoting the high-quality development of China's circular economy as its mission, takes scientific and technological innovation as its engine, and actively explores an innovative path for the environmental protection industry. Its affiliated enterprises include a council member unit of the National Engineering Research Center for Clean Utilization Technology and Equipment of Solid Waste Energy, eight high-tech enterprises, one Zhejiang Provincial Specialized, Refined, Distinctive and Innovative Enterprise, one Jiangsu Provincial Specialized, Refined, Distinctive and Innovative Enterprise, and one provincial-level enterprise research institute, with more than 300 patents. The "method for online monitoring of dioxins by tunable laser spectroscopy combined with time-of-flight mass spectrometry" invented by Zhejiang Fuchunjiang Environmental Science and Technology Research Co., Ltd. won the Gold Award of the 23rd China Patent Award.

In the future, Fuchun Environmental will uphold the corporate philosophy of "expanding the circular economy and achieving sustainable development", focus on "energy services" and "comprehensive resource utilization + collaborative disposal" as the main axes, and pursue dual-core driven coordinated development. It will firmly seize the major strategic opportunities of ecological civilization construction and the conversion of old and new growth drivers, and at the same time, with "scientific and technological innovation R&D" and "opportunistic business" as auxiliary axes, and in conjunction with the service model of "asset-light investment + specialized operation", advance the strategic upgrading and transformation of its core business, and strive to become a first-class "comprehensive energy and circular economy service provider" in China.