ZHENENG JINJIANG ENVIRONMENT(浙能锦江环境)
Zheneng Jinjiang Environment Holding Company Limited (formally known as "China Jinjiang Environment Holding Company Limited", hereinafter referred to as "Zheneng Jinjiang Environment" or the "Company") is a forerunner and leading waste-to-energy operator in China's waste-to-energy ("WTE") industry. In August 2016, the Company was successfully listed on the Mainboard of the Singapore Exchange. In 1998, the Company established the first WTE facility in China to utilise differential-density circulating fluidised bed technology, and was the first WTE operator in China to develop and industrialise this technology. The Company has an established track record in investment, construction, operations, and management.
On 21 August 2019, Zhejiang Provincial Energy Group Co., Ltd ("Zheneng Group") became the largest controlling shareholder of the Company. Its huge capacity in the entire energy production value chain, resources in relevant fields and strong financial strength will optimize the Company's financing and future development. On 25 November 2019, the Company changed its name to "Zheneng Jinjiang Environment Holding Company Limited". As the sole solid waste platform and the main driver of circular economy development for Zheneng Group, Zheneng Jinjiang Environment will effectively integrate state-owned enterprise standardization and private enterprise flexibility to promote the steadily development of domestic and overseas market.
As at 31 December 2021, the Company has three WTE projects and one Resource Recycling project under construction in China, which are progressing steadily. The two boilers and two turbines of Shijiazhuang Jiasheng WTE Project in Hebei Province, the Expansion Project of Yunan Green Energy WTE Facility in Yunnan Province, the Expansion Project of Hohhot Jiasheng WTE Facility in Inner Mongolia, and the Songyuan Xinxiang Resource Recycling Project in Jilin Province are expected to be put into operation successively in 2022, increasing the waste treatment capacity by 3,100 tonnes/day and 107MW of installed electricity generation capacity upon completion.