Solid waste business extending from land to sea, BEWG acquired 2019-11-27
Recently, BEWG and WELL RICH GROUP (香港佳发集团) signed the assets acquisition agreement in Hong Kong. LI Haifeng, Executive Director and Vice President of BEWG; DONG Huanzhang, Executive Director and CFO of BEWG; and four shareholders and managers of WELL RICH GROUP: HUANG Zhilin, HUANG Zhihao, HUANG Zhixiong and CHEN Guohua attended the signing ceremony. SU Qinghui, Assistant GM of Nanguang Logistics Group; FAN Gaoyan, Director of Environmental Business, and GAO Songqi from the Legal Department jointly witnessed the signing.
WELL RICH GROUP was established in 1983. It is the main partner of the Hong Kong government to undertake marine garbage cleaning and treatment. It has been the sole contractor for 17 consecutive years, responsible for the cleaning of Hong Kong sea areas and the treatment of marine oil pollutants, including interception and collection of marine oil pollution, cleaning of residual marine dangerous and harmful substances.
It is worth noting that the first meeting of the 13th National People's Congress approved the establishment of the Ministry of Ecology and Environment of the PRC in March 2018. The Department of Marine Ecology and Environment is set up to be solely responsible for the supervision of the national marine ecological environment. This reform marks a change in the functions of environmental authorities, for unified supervision of land and sea, to fully implement the most stringent ecological and environmental system.
The marine eco-environmental protection is in a critical period of integration, restructuring and reconstruction. The marine waste treatment industry will have a large development space and market scale. BEWG will accumulate its energy in advance and deploy in the cleaning of sea areas, relying on the Guangdong-Hong Kong-Macao Greater Bay environmental protection policy and environmental cooperation mechanism, to comprehensively promote mutually beneficial cooperation between the nine urban agglomerations in Guangdong Province, Hong Kong and Macau in the field of sea area cleaning, and help build a beautiful sea featured by "clean water, green shore, clean beach, beautiful bay, material abundance, and harmonious people”.
Up to now, BEWG’s main business focuses on water affairs and water environment, and it has developed steadily in the fields of solid waste, environmental sanitation, industrial water treatment, seawater desalination, and clean energy. This entry into the sea area cleaning business will further improve the entire industrial chain of environmental services of BEWG, extend from land to sea, and promote the ecological civilization in all directions, all regions and all processes.
