Zhitong Financial APP learned that China Mei Natural Environmental Technology Co., Ltd. submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor, according to the disclosure by the Hong Kong Stock Exchange on June 30.
China Meimei Natural Environment Technology is one of the leading sewage treatment service providers in Anhui Province, China. Since its establishment in 2011, the company has been committed to the core values of Mei Nature, providing customers with high-quality wastewater treatment services as its mission. In the past decade, the company has expanded its business to four cities in Anhui Province and Hebei Province, covering industrial wastewater treatment and domestic sewage treatment services.
On December 31, 2022, the daily industrial wastewater treatment capacity of China Meimei Natural Environment Technology is about 55000 tons, ranking seventh in Anhui Province. According to Frost Sullivan, in 2022, the company is the second largest non-state-owned industrial wastewater treatment service provider in Anhui Province in terms of daily design capacity. According to Frost Sullivan's data, on December 31, 2022, the company's daily domestic sewage treatment capacity is about 11500 tons, ranking 10th in Anhui Province in terms of township domestic sewage treatment capacity.
Financially, the total revenue of the company in 2020, 2021 and 2022 was RMB 159 million, RMB 159 million and RMB 289 million respectively. The net profit for the same period was 38.769 million yuan, 46.08 million yuan and 104 million yuan respectively.