Grandblue Environment

Grandblue Environment Co., Ltd. is a listed company (stock code: 600323) dedicated to the environmental services industry. Its business scope covers solid waste treatment, sanitation, energy, water supply, and drainage, among others. It ranks high in China's environmental industry (7th in 2022) and has been rated as one of the top ten influential enterprises in national solid waste treatment for nine consecutive years.
The company takes "co-building a harmonious life between humans and nature" as its mission and adheres to the social responsibility concept of "good city housekeeper, good industry model, and good community neighbor," striving to achieve the vision of "covering 100 cities in ten years and becoming the most trusted ecological environment service enterprise." By 2030, Grandblue Environment will expand its business to 100 cities, providing high-quality comprehensive environmental services to these cities.
[Solid waste business]: Currently, it has provided high-quality solid waste treatment services to 35 cities across 16 provinces and autonomous regions, including Guangdong, Fujian, Hubei, Hunan, Hebei, Liaoning, Guizhou, Jiangxi, Heilongjiang, Shandong, Anhui, Inner Mongolia, Zhejiang, Jiangsu, Guangxi, and Henan.
[Sanitation business]: Grandblue has formed a vertical full-chain development model covering front-end integrated sanitation, mid-end transfer, and back-end treatment, and has advantages in horizontal coordination, integration, and resource utilization of domestic waste, kitchen waste, sludge, industrial hazardous waste, agricultural waste, garden waste, bulky waste, and medical waste. Its comprehensive environmental governance service capability for the "zero-waste city" construction continues to improve.
[Gas business]: Grandblue's energy business covers urban gas and new energy. Currently, its operating businesses include urban natural gas, LNG trade, bottled LPG, hydrogen energy, and thermal energy. It is also actively exploring solutions such as photovoltaic power generation and distributed energy, fully ensuring green and low-carbon energy supply for cities, promoting regional industrial upgrading, and high-quality economic development.
[Water supply business]: It owns the entire water supply service chain, from intaking, treatment, and transmission to end-customer service. The company's current daily water supply capacity reaches 1.65 million cubic meters, among which one plant has a designed daily water supply capacity of 1.38 million cubic meters. It is rated as a 4A water supply service unit by the China Water Supply Service Alliance and has been rated as a social responsibility enterprise in China's water industry for 11 consecutive years.
[Drainage business]: It has an integrated plant-network industry chain covering sewage collection pipe network maintenance and sewage treatment plant operation and management. It efficiently promotes the expansion of multiple sewage treatment plants and actively pays attention to businesses such as urban rainwater pipe networks, decentralized sewage treatment facilities, and drainage (sewage) user management. The intelligent and information-based operation efficiency of sewage treatment plants and pipe networks continues to improve, and the "plant, network, and source" full industry chain has achieved initial results. The company's drainage business has radiated to all towns and streets in Nanhai District. Through BOT, TOT, and entrusted operation models, it holds franchise rights for approximately 20 domestic sewage treatment projects and 1 industrial wastewater treatment project, with a total treatment capacity of about 800,000 cubic meters per day. It operates and manages over 1,800 kilometers of municipal drainage pipe networks and 158 sewage pumping stations (including integrated sewage pumping stations).