New Power

Xiong'an New Power Technology Co., Ltd. (stock code: 300152, stock abbreviation: "New Power") was established in 1980. In 2008, the company underwent a shareholding system reform and was listed on the ChiNext Board of the Shenzhen Stock Exchange in December 2010. In 2016, the company achieved the integration of capital and industry and changed its actual controller. In July 2019, the company moved its headquarters and registered address to Xiong'an New Area. Currently, it is the only environmental protection listed company in Xiong'an New Area, undertaking multiple environmental protection tasks such as serving the renovation of toilets in Baiyangdian, wastewater treatment, and others. The enterprise has accumulated nearly 40 years of experience in energy conservation and environmental protection. Xiong'an Kerong Environment is a high-tech enterprise in the environmental protection industry, equipped with an academician work station and a post-doctoral research work station. It is a unit undertaking research topics of the National 863 Program and the Torch Program, holds 33 national invention patents, and has won the National Science and Technology Progress Second Prize and the National Technology Invention Second Prize. The production plant covers an area of 545 mu. The company possesses advanced combustion experimental devices and combustion ignition test benches. Kerong Environment is an environmental comprehensive governance service provider integrating energy-saving combustion, water environment treatment, solid waste treatment, hydrogen energy, and sanitation services. The company's traditional business is the design and manufacturing of complete sets of boiler ignition and combustion equipment and related control systems, which has established a good brand image at home and abroad over the years. With the development of China's ecological civilization construction, Kerong Environment's business has gradually expanded, and now it has formed four major business segments: clean combustion, water environment treatment, solid waste pollutant treatment, and comprehensive urban environmental governance. The company has gradually launched a new business model, focusing on the integrated urban intelligent ecological cycle economy of solid waste incineration treatment and sanitation IoT, combined with supporting the development strategy of Xiong'an New Area and the Belt and Road Initiative. It has established a development model of "one body, two wings, and three drives", where "one body" refers to establishing an environmental protection and ecological enterprise platform, "two wings" refer to technological innovation and capital operation, and "three drives" refer to the above three business segments: clean combustion, water environment treatment, and solid waste treatment. Through asset management advantages and technological advantages, combined with the company's leading technical advantages, it aims to create a new green financial model.