Company introduction

The company is one of the five large state-owned development centers in China and the only platform for the development of environmental protection and energy services under the Datang Collection of China. The company focuses on the total production capacity of environmental protection capacity, such as sulfur removal, nitrification, removal, ash and slag removal, powder treatment, water and energy, etc., and its business operation is led by the special experience of environmental protection facilities. According to Sullivan's report, based on the cumulative capacity by the end of 2015, the company's market share of sulfur and nitrite is 21.6% and 38.2% respectively, ranking first in the country.

For the years ended December 31, 2013, 2014 and 2015 and the six months ended June 30, 2016, the company's income was 5688.0 million yuan, 6499.1 million yuan, 8609.6 million yuan and 3142.1 million yuan, respectively. In the same period, the profit and profit of the company was about 177.0 million yuan, 535.2 million yuan, 705.8 million yuan and 400.5 million yuan respectively.

The defined use of the proceeds

Assuming that the over-allotment rights have not been exercised, based on the median sales calculation of HK $4.15 per share, it is estimated that the income from the sale of shares will be HK $2141.5.