Chengdu Environment Group

Chengdu Environment Investment Group Co., Ltd. is a state-owned enterprise that has been dedicated to the water and environmental protection industry for over 70 years. Chengdu State-owned Assets Supervision and Administration Commission holds 90% of its shares, and the Sichuan Provincial Department of Finance holds 10%. In recent years, in accordance with the requirements of state-owned enterprise reform and development, the Group has established the "One-Three-Six" development strategy, namely "anchoring one overall goal + implementing three rounds of core driving + building six industrial systems", striving to become a leading national professional and distinctive urban operator. Currently, the Group has over 90 subsidiary companies, including one A-share listed company, with more than 7,200 employees on duty and total assets exceeding RMB 80 billion. The industry scale ranks first in the west and among the forefront nationally. The Group promotes the integrated management of water supply, drainage, purification, and water environment treatment, as well as full-cycle management of solid waste, and accelerates the formation of the "investment, construction, operation, and management" system and industrial chain covering raw water, water supply, drainage, environmental water bodies, domestic waste, hazardous waste, construction waste, and derivative industries. The operating and under-construction water supply and drainage capacity is approximately 8.8 million tons/day; the operating and under-construction waste-to-energy incineration capacity is approximately 12,000 tons/day, waste transfer capacity is 4,500 tons/day, and hazardous waste disposal capacity is 150,000 tons/year. The business scope is based in Chengdu and extends nationwide, operating water and environmental protection projects in 9 provinces and over 10 cities across China, including Chengdu in Sichuan, Shenzhen in Guangdong, Xuzhou in Jiangsu, Wenchang in Hainan, Xi'an in Shaanxi, Lanzhou in Gansu, Yinchuan in Ningxia, Shijiazhuang in Hebei, and Dongying in Shandong, forming a cross-regional, scaled, and nationwide operational pattern. The Group has smooth capital operation channels and strong capabilities, having obtained the highest domestic AAA credit rating and holding one A-share listed company, Xingrong Environment (stock code 000598). Through the dual AAA platforms of the Group and Xingrong Environment, the Group utilizes various tools such as government special bonds, corporate bonds, green bonds, and medium-term notes to build a smooth and efficient capital channel, striving to become a benchmark state-owned enterprise combining industry and finance.