Brief Introduction

GreenTech Environmental Co., Ltd (GreenTech) is a national high-tech company which specializes in advanced water treatment and waste-to-resources technology. Based on three self-developed core technologies - Membrane Operation System Equipment Technology, Membrane System Application Technology and Membrane System Operation Technology, we provide water treatment solutions, operation services and waste-to-resources products for users.

Since its establishment 16 years ago, GreenTech has devoted to solving the problem of water pollution and water shortage in China through waste-to-resources process.

The company is in a leading position in integrated technology and implementation scale in advanced drinking water treatment, advanced wastewater treatment and waste-to-resources fields around the nation.In the field of advanced drinking water treatment, we take the lead in the large-scale implementation of nanofiltration membrane technology in China, with the total treatment scale surpassing 300,000 ton/day, ranking the first athome. In the field of membrane municipal advanced wastewater treatment, we are one of the domestic companies with the capacity to provide full plant water treatment solutions for ultrafiltration water plants with the scale of 200,000 ton/day and above. We construct a single 120,000 ton/day all-ground buried MBR project. In the field of waste-to-resources, we adopt dual membrane technology (ultrafiltration + nanofiltration/reverse osmosis) to treat municipal and industrial wastewater and produce high-quality reused water/new water on a large scale (with an output of more than 200,000 ton/day). The comprehensive technology and implementation scale of the company is in the leading position in China.

GreenTech values technological innovation. Depending on our own three core technologies, we have a comprehensive service capability in membrane system design, construction and operation. The Membrane Operation System has obtained several domestic and foreign patents, which fills China's gap.

The international industry authority has recognized GreenTech's comprehensive strength. According to the GWI 2018 annual report, the company ranked 11th in "Global TOP15 Desalination and Water Reuse Project Developer", which was one of the four Chinese companies in thelist. The Tangshan Nanpu waste-to-resources project, self-developed and self-implemented, whichwas shortlisted for the GWI Global Water Awards - Best Industrial Water Treatment Project in 2019. Among the four shortlisted industrial water projects in the world., we were the only project in China.

In the future, GreenTech will continue to focus on the field of water treatment and waste-to-resources. Holding tight to the national policy and the opportunity of environmental protection, wewill implement the concept of "Lucid waters and lush mountains are invaluable assets" to solve water pollution and water shortage in China through waste-to-resources.

Company Overview

Full name GreenTech Environmental Co., Ltd.
Abbreviations GreenTech
Code 688466
Founded 2004-07-08
Listing 2020-05-08
Domicile Beijing
Website www.greentech.com.cn
Email ir@greentech.com.cn
STAR Theme Energy Conservation & Environmental Protection
CSRC Sector Water conservancy, environment and public facilities management
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.76 0.97 0.87
R&D expenditure as a % of operating revenue 3.46% 3.47% 5.19%
Operating Revenue 557.21 504.56 402.15
Net Income 74.07 76.89 66.76

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 557.21 504.56 402.15
Operating Costs 385.06 332.91 257.65
Operating Income 82.55 89.44 78.52
Pretax Income 83.96 91.11 78.47
Income Tax 9.89 14.22 11.70
Net Income 74.07 76.89 66.76

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 1,212.72 636.22 504.77
Non-current Assets-Total 275.04 105.40 62.04
Total Assets 1,487.76 741.62 566.81
Liabilities
Current Liabilities-Total 507.15 385.87 288.75
Non-current Liabilities-Total 5.70 12.99 16.20
Total Liabilities 512.85 398.85 304.95
Stockholder's Equity
Share Capital 718.64 152.60 152.60
Retained Profits 246.84 182.82 108.12
Total Owners' Equity 974.91 342.77 261.87

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating -104.74 90.15 63.04
Net Cash Flows-Investing -197.71 -48.87 -62.70
Net Cash Flows-Financing 550.48 11.20 61.46

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Zhang Huichun 25.89 25.20
VictoriousJoyWaterServices Limited 18.37 17.88
Beikong Zhongkecheng Environmental Protection Group Co.,Ltd. 17.62 17.15
Clean Water Holdings Limited 4.95 4.83
Liu Danfeng 2.95 2.88
Wu Jiduan 2.45 2.39
Ningbo Guangmao Investment Management Partnership (L.P.) 2.07 2.01
Beijing Yi Eryi Environmental Investment Center (limited partnership) 0.75 0.73
Luo Lan 0.49 0.48
Li Suyi 0.49 0.48
As of 2021-3-31

Legal Statement

All information contained herein is provided by the underlying company itself and is for informational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. The Shanghai Stock Exchange does not guarantee its accuracy and reliability and shall under no circumstance be responsible or liable for any error or for any loss directly or indirectly arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon the information herein.

Users may view and download the information herein for personal and non-commercial use free of charge subject to the laws of the People's Republic of China and the Legal Statement. No part of the information herein may be copied, downloaded, stored in a retrieval system or transmitted in any form or by any means, rented, displayed, performed, reproduced, photocopied, altered, sold, broadcast, published or otherwise in whole or in part in any manner for commercial purposes, without the prior written consent of the Shanghai Stock Exchange.

Users are hereby reminded that the Legal Statement represents your legally binding agreement with the Shanghai Stock Exchange. By accessing or using this website, you are also signifying your agreement with and acceptance of all the contents in the Legal Statement. The Shanghai Stock Exchange reserves the right to amend and interpret the Legal Statement.