Shenghui Clean (02521.HK) announced that its subsidiary has successfully jointly developed the first equipment, which was completed yesterday (21st), and the equipment was used for trial production of paper pulp from post-consumer food paper boxes, paper cups, paper towels, paper packaging, wooden boards, etc. at the Shenzhen production factory of its strategic partner, Shenzhen Bestdata Excellent Technology Co., Ltd. The related equipment utilizes Bestdata's patented technology, customized according to the group's regulations and purposes, with the characteristic of zero wastewater discharge during the production process.

Shenghui Clean stated that it plans to use the equipment in the bio-based industrial park, especially in Hong Kong, Macau, and Singapore, and future plans will align with the Chinese government's policy to promote the establishment of a material recycling value chain nationwide, as well as enhance the group's competitiveness in the industry. (js/w)

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