14 Oct 2014
Everbright International Joints with DP CleanTech
to Enter Overseas Market For The First Time through Strategic Cooperation14 October 2014, Hong Kong - China Everbright International Limited ("Everbright International" or "the Group") (HKSE: 00257) recently announced that it has signed an equipment supply agreement with DP CleanTech Co. Limited ("DP CleanTech") to provide the entire line of waste-to-energy equipment for its Ethiopian waste-to-energy project, signifying the Group's first entry into the overseas market through a strategic cooperation. Meanwhile, both parties will take this project as a stepping stone to jointly develop solid waste treatment market in Asia, Africa, Latin America and other parts of the world.
DP CleanTech is a world-leading alternative energy solution provider with rich experience in engineering in both waste-to-energy and biomass power generation fields in China and abroad. Going forward, the two parties will continue to adhere to the principle of Mutual Trust and Complementary Advantages, cooperate closely in other environmental protection projects in domestic and international markets through close integration of the technologies owned and developed by each party in waste-to-energy and biomass power generation projects.
Mr. Chen Xiaoping, CEO of Everbright International, said, "The strategic cooperation between Everbright International and DP CleanTech is a strong combination between the two parties and a further implementation of the Group's development strategy of 'From Coastal Areas to Inland Cities, From Cities to Rural Areas and From Domestic to Overseas Markets'. Leveraging the Group's market dominance in the domestic environmental protection market, Everbright International will continue to accelerate its business expansion overseas and look for new development space and profit growth point through flexible and an extensive business development model."