08 May 2017
China Everbright Greentech Makes Trading Debut on Main Board of HKEXHong Kong, 8 May 2017 - China Everbright Greentech Limited ("China Everbright Greentech" or the "Company", together with its subsidiaries, collectively the "Group"), one of the leading specialty environmental protection service providers in the PRC, commenced trading of its shares on the Main Board of the Stock Exchange of Hong Kong Limited ("HKEX") today.
A number of distinguished guests attended the listing ceremony of China Everbright Greentech, including Mr. Tang Shuangning, Chairman of China Everbright Group Ltd., Mr. Charles Li, Chief Executive of Hong Kong Exchanges and Clearing, management of China Everbright Group, Everbright International and other major companies under China Everbright Group, representatives of the Asian Development Bank, CIC Capital Corporation and other cornerstone investors, as well as representatives of the intermediaries, etc., together with the Company's management to witness the historic moment of China Everbright Greentech. Mr. Tang Shuangning hit the gong at the listing ceremony to celebrate the Company's official listing.
Mr. Cai Yunge, Deputy General Manager of China Everbright Group Ltd., Vice-chairman and General Manager of China Everbright Holdings Company Limited, and Chairman of China Everbright International Limited, stated during the ceremony, "The successful spin-off of China Everbright Greentech from China Everbright International Limited ("Everbright International") turns a new chapter for the Group. It is the second enterprise spun off from Everbright International and entering the global capital market, with the first being the Singapore mainboard-listed China Everbright Water Limited. As a flagship company in the industrial investment sector of China Everbright Group, Everbright International has committed to the green environmental protection market for over a decade, to support China's efforts of creating a sound ecological environment. We remain true to our initial conviction, dare to explore, integrate our vision with the Beautiful China Initiative, and have successfully developed Everbright International into a leading player in the environmental protection sector with revenue having surpassed RMB10 billion and six major business segments, namely envirotech, environmental energy, environmental water, greentech, equipment manufacturing and international business. Now, China Everbright Greentech will have a clean slate and a fresh start. It will proactively follow the latest trends of the world's ecological and environmental protection industries, seize the historic opportunities brought by China's accelerated ecological conservation progress and the Belt and Road Initiative, further enhance its technology capabilities, and boost market shares, in order to leverage green technologies to benefit the society and achieve steady development to reward our shareholders."
Mr. Chen Xiaoping, CEO of China Everbright International Limited and Chairman of China Everbright Greentech Limited said, "China Everbright Greentech went to public as widely anticipated. We would wish to express our sincere gratitude towards our investors for their trust and support. The spin-off listing will solidify our stance in the environmental protection service industry in China. With more abundant funds to help unleash our unique competences and development potentials, we will push forward rapid development for the next cycle, as well as building full complementarities and sharing resources with Everbright International's existing businesses. This is a thrilling moment, and we are poised for the future development growth."
Mr. Qian Xiaodong, Executive Director and Chief Executive Officer of China Everbright Greentech Limited added, "China Everbright Greentech's official debut at Hong Kong's capital market relies on the recognitions and support from investors, China Everbright Group, Everbright International, all staff of the Company as well as people from all circles of life. Going forward, we will capture favorable policies to elevate operating efficiency, enhance technology R&D capabilities. As such, we can realise the synergies among different business segments to further expand our market share and achieve a more diversified business portfolio to enhance profitability. We will continue to be devoted to green technologies to reward the society and long-term, stable returns to our investors.
During the listing ceremony, Mr. Qian, on behalf of the Company, donated HK$1,000,000 to the Hong Kong Community Chest, as a token of the Company's commitment in fulfilling corporate social responsibility.
Mr. Tang Shuangning, Chairman of China Everbright Group (Left 10), hosted the listing ceremony today at HKEX.
Mr. Tang Shuangning, Chairman of China Everbright Group (Left 4), Mr. Cai Yunge, Chairman of China Everbright International Limited (right 3), Mr. Chen Xiaoping, Chairman of China Everbright Greentech Limited (Left 2), Mr. Qian Xiaodong, Chief Executive Officer of China Everbright Greentech Limited (Right 2), Mr. Charles Li, Chief Executive of Hong Kong Exchanges and Clearing (Left 3), and HKEX listing committee member Ms. Helen Zee (Right 4), together with other management and guests, toasting at the listing ceremony.
China Everbright Greentech makes trading debut on main board of HKEX, Mr. Tang Shuangning, Chairman of China Everbright Group, hit the gong at the listing ceremony.