As one of the leading enterprises in the environmental protection industry in China, Everbright International has remained a firm belief in "An Enterprise is not only the Creator of Wealth but also the Safeguard of Environmental and Social Responsibility". It closely follows the country's policies and plans, leverages talent, science and technology to drive the concurrent development of its six major business sectors, namely environmental energy, environmental water, greentech, envirotech, equipment manufacturing and international business. All business sectors have embarked on a dynamic development path towards a greater degree of specialisation, where each possesses its own unique characteristics and clear-cut operating position.
As at 31 December 2017, the Group secured 268 environmental protection projects with a total investment of approximately RMB72.9 billion, while projects that completed construction commanded a total investment of approximately RMB36.5 billion. Projects under construction commanded a total investment of approximately RMB19.2 billion and projects in the preparatory stage commanded a total investment of approximately RMB17.3 billion.
As Asia's largest waste-to-energy investor and operator, the Group's environmental energy sector covers a number of areas, including: waste-to-energy, food waste treatment, as well as the investment and construction of environmental protection industrial parks.
As at 31 December 2017, the Group had secured 75 waste-to-energy projects, 2 methane-to-energy projects, 3 sludge treatment and disposal projects, and 6 food waste treatment projects, with a total investment of approximately RMB34.9 billion. These projects are designed with an annual household waste processing capacity of approximately 24,110,000 tonnes, which can generate annual on-grid electricity of approximately 7.6 billion kWh. The annual sludge treatment capacity is approximately 73,000 tonnes, while the annual food waste treatment capacity is approximately 240,000 tonnes.
The Group's environmental water business sector covers many areas, including: municipal waste water treatment, industrial waste water treatment, water supply, sludge treatment and disposal, river-basin ecological repair, sponge city construction and water environment management. China Everbright Water Limited ("Everbright Water") is a listed company on the Mainboard of the Singapore Exchange Securities Trading Limited. As at 31 December 2017, the Group held a 74.85% stake in Everbright Water.
As at 31 December 2017, Everbright Water has 76 municipal waste water treatment projects, 3 industrial waste water treatment projects, 1 sponge city construction project, 1 river-basin ecological restoration project, 2 water environment management projects, 1 water supply project, 5 reusable water projects, 2 waste water source heat pump projects, 2 sludge treatment and disposal projects, 87 kilometers of pipeline network and 10 pump stations, commanding a total investment of approximately RMB16.7 billion. The projects are designed to have an annual waste water treatment capacity of approximately 1.55 billion m3, provide an annual reusable water volume of 29,780,000 m3. The waste water source heat pump projects are built to offer heating and cooling services to an area of 295,000 m2. The water supply project has a designed daily water supply capacity of 370,000 m3.
The Group's greentech business sector covers integrated biomass utilisation, hazardous waste treatment, solar power and wind power. China Everbright Greentech Limited ("Everbright Greentech") is listed on the Main Board of the Stock Exchange of Hong Kong Limited. As at 31 December 2017, the Group held a 69.70% stake in Everbright Greentech.
As at 31 December 2017, Everbright Greentech had secured 44 integrated biomass utilisation projects, 29 hazardous waste treatment projects, 7 solar energy projects and 2 wind power projects, commanding a total investment of approximately RMB19.8 billion. The aggregate annual designed processing capacity of biomass raw materials was approximately 8.45 million tonnes; the annual designed household waste processing capacity was approximately 2.28 million tonnes; the annual designed hazardous waste processing capacity was approximately 670,000 tonnes; the annual designed on-grid electricity generation was approximately 6.5 billion kWh; and the annual designed heat supply was approximately 1.75 million tonnes.
By adhering to its principle of driving development with technology and innovation, the Group's envirotech business sector is fully committed to enhancing its core technological competencies and scientific technologies as it entered a new phase of development, seeking to transform the Group from a traditional company into a modern high-tech enterprise. In 2017, the envirotech complex in Nanjing City was fully put into use and developed into a R&D hub for the Group. The complex serves to centralise the management of two institutes, three research facilities and one center. The two institutes comprise a research institute and a design institute, while the three research facilities are the Environmental Energy Research Institute, the Environmental Water Research Institute and the Greentech Research Institute. Together with the Analysis and Testing Center. Through integration of resources and establishment of this new management system, the Group is able to embark on a new stage for development driven by technological advancement.
As at 31 December 2017, the Group had been granted 17 software copyright licenses and 243 patents, of which 50 were invention patents and 193 were utility invention patents.
The equipment manufacturing sector was split as an independent business sector in 2017. During 2017, the Group transformed the equipment manufacturing sector into a more energetic and competitive brand called "Intelligent Manufacturing by Everbright International" by redeveloping its marketing structure, enhancing its engineering design capabilities, adjusting its service models and improving its supply chain management.
The Group has currently established an integrated waste-to-energy system with a full set of intellectual property rights, covering grate furnaces, gas purification systems, leachate treatment systems and automatic control systems. The Group launched a series of cutting-edge products that demonstrate its technological strengths in environmental protection equipment manufacturing in China, which shows that it not only commands a top-tier position in the domestic environmental protection industry, but has also successfully strengthened its influence in the industry abroad.
The opportunities presented by China's "Belt and Road" initiative, and favorable policies relating to high-end equipment manufacturing, have provided support for the Group's core and self-developed equipment to become the environmental protection equipment of choice in the industry, facilitating the Group to raise the profile and reputation of the "Intelligent Manufacturing by Everbright International" brand.
The Group has established its international business as an independent business sector, making another major step forward in continuing its strategy of "Expanding from Domestic to Overseas Markets". In the spirit of the Chinese government's "Belt and Road" initiative, the Group sought collaborations across a wider-range of areas with a more open attitude by leveraging its overseas investment platform which has allow it to fully capitalise on its partnership and network to achieve win-win-results in overseas markets.
Leveraging its advantages in investment, operation, management, technology and equipment, as well as through its understanding of the needs and goals for environmental protection, the local investment environment and growth potential of different markets, the Group embraced a more open attitude towards its market development strategies. In order to achieve win-win results overseas, the Group sought collaborations across a wider-range of areas, and took full advantage of its partnerships and network. Under the guidance of the national development strategy, during the year under review, the Group engaged in a series of fruitful activities along the "Belt and Road" route, in areas such as Southeast Asia, South Asia, Central and Eastern Europe as well as the Middle East. This helped the Group accumulate invaluable overseas market development experience and achieve substantial progress, while empowering it to introduce its self-developed equipment, technology and operating management experience abroad.