Business

Business Overview

Everbright International is a fast growing business conglomerate which has integrated management model for project investment, operational management, construction engineering, technology and development as well as environmental equipment manufacturing. Faced with increased and fierce market competition, the Group adhered to the development strategy of "Producing Quality Projects and Building a Quality Brand" and continued to build new demonstration projects creating bright spots for growth. With a strong sense of social responsibility and determination to protect the environment, the Group is dedicated to the strategy of "Leveraging Talent, Science and Technology to Expand from Coastal Areas to Inland Cities, from Cities to Rural Areas, and from Domestic to Overseas Markets with High Standards" to advance the growth of all of its business segment.

As at 31 December 2016, the Group had secured 213 environmental protection projects with a total investment of approximately RMB53.212 billion and completed the construction of 130 projects, which commanded around RMB25.681 billion in investment. A total 39 projects were under construction which commanded an investment of about RMB14.462 billion. The projects in the preparatory stage commanded a total investment of approximately RMB13.069 billion.

  • Envirotech

    In early 2016, the Group recruited talent with expertise in technology from home and abroad as part of a restructuring of the technology management team, which will strengthen the Group’s capacity for technology-related R&D and innovation. This has helped to lay a good foundation for the establishment of the Group’s technological R&D platform, which will spur the growth of other business segments. The Group has acquired Jiangsu Design & Research Institute and the Nanjing Science and Technology Building, established Everbright Envirotech (China) Limited, entered a comprehensive cooperation agreement with Zhejiang University, set up the Environmental Energy Research Center and actively engaged in terms of international technological cooperation and exchange. Through organisational restructuring, the envirotech business now comprises 3 research institutes in the fields of incineration technology, environmental technology and electrical control technology, as well as an information control centre and a technical standards analysis and testing center. This, as well as its “R&D – Design and Consultancy – Equipment Manufacturing” model will be a springboard for the Group’s next round of development through technological innovation.

    • Environmental Energy

      As at 31 December 2016, the Group had 60 waste-to-energy projects, 2 methane-to-energy projects, 1 sludge treatment and disposal project, and 2 food waste treatment projects, with a total investment of approximately RMB26.933 billion. These facilities are designed with an annual household waste processing capacity of approximately 18,596,750 tonnes, which can generate annual on-grid electricity of approximately 5,788,110,000 kWh. The annual sludge treatment capacity is approximately 18,250 tonnes, while the annual food waste treatment capacity is approximately 73,000 tonnes.

      The progress made during market expansion was driven by the stability of existing projects in operation which not only comply with discharge standards, but were also regarded as pioneers in industry and construction techniques standards. The Group continues to shoulder the responsibility for setting industry standards. With the successful application of grate furnace, gas emission purification and the third generation leachate treatment technologies, newly completed waste-to-energy projects have achieved significant results in operation standards and efficiency. After taking the lead in disclosing environmental assessment information and emission standards of its operating waste-to-energy projects in 2015, the Group announced that it would disclose on a daily basis the emission data of its operating waste-to-energy projects, including the daily average level of online monitored flue gas emissions, daily test results of leachate treatment water quality, etc., proactively inviting the public’s supervision. From 1 January 2017, the Group began disclosing the average hourly gas emission levels of all of its operating waste-to-energy projects, which marks the completion of the Group’s “Four Steps” environmental information disclosure plan. This important initiative has set an example for the industry in terms of information disclosure and has garnered widespread recognition.

    • Environmental Water (www.ebwater.com)

      As at 31 December 2016, Everbright Water, of which the Group owns 74.72%, has 70 waste water treatment projects, 5 reusable water projects, 1 sponge city construction project, 1 river training project, 2 waste water source heat pump projects and 1 surface water BT Project, commanding a total investment of approximately RMB10.990 billion. The projects are designed to have an annual waste water treatment capacity of approximately 1,538,475,000 m3, a total annual reusable water volume of 29,784,000 m3, and are built to offer heating and cooling services to an area of 312,000 m2 via the waste water source heat pump projects.

    • Greentech (www.ebgreentech.com)

      As at 31 December 2016, the Group had a total of 63 greentech projects, including 32 biomass projects, 22 hazardous waste treatment projects, 7 solar energy projects and 2 wind power projects, commanding a total investment of approximately RMB13.956 billion. The aggregate annual designed processing capacity of agricultural waste was approximately 6,199,800 tonnes; annual processing capacity of household waste was approximately 1,387,000 tonnes; annual processing capacity of hazardous waste was approximately 439,000 tonnes; the annual on-grid electricity generation was approximately 4,677,806,000 kWh; and the annual heat supply was approximately 1,613,700 tonnes.

      Greentech is committed to exploring and achieving breakthroughs across new business areas as it pursues organic growth and opens up room for its development; all of which has enabled it to stand out and swiftly capture considerable market share. The Group initiated a unique business model of integrated biomass and waste-to-energy projects, and is the only company to employ such integrated business model in China so far. This business model is expected to not only maximise environmental service output but also lower the overall project costs, thereby increasing the overall investment returns of the relevant projects. As at the end of 2016, the Group ranked fourth in terms of aggregate biomass power generation designed capacity and third in terms of aggregate hazardous waste treatment designed capacity in China for projects in operation, under construction or at the preparatory stage, which has been achieved while maintaining a high level of operational efficiency and delivering economies of scale.

    • The Mainland China Management Centre

      Everbright Environmental Protection (China) Limited is the management centre and headquarter for mainland China business of Everbright International, under the realm of which there are four subsidiaries. The management centre has obtained a number of construction and operation licenses for the municipal public works as well as environmental infrastructure construction and is named as a "National High-Tech Enterprise" in China.

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