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02265 HC ENV TECH

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  • 0.700
  • +0.010+1.45%
Market Closed Mar 28 16:08 CST
700.00MMarket Cap14.00P/E (TTM)

About HC ENV TECH Company

Hongcheng Environmental Technology is a gold mine hazardous waste treatment company in Shandong Province, China. It focuses on the treatment of hazardous waste from gold mines and the recovery and extraction of economically valuable resources from it for sale. According to the Frost & Sullivan report, based on revenue in 2020, we are the second and third largest gold mine hazardous waste treatment companies in Shandong Province and China respectively, accounting for about 15% and 10% of the market share, respectively. Based on the amount of hazardous waste treated in gold mines, we also ranked first in Shandong Province and China. The actual treatment capacity was about 1.08 million tons, accounting for about 26% and 18% of the total actual treatment capacity of Shandong Province and China in 2020, respectively. We have two production facilities strategically based in Laizhou City, Shandong Province, which has the highest gold reserves among county-level cities in the country. The production facility covers a total area of about 228,683 square meters and specializes in treating hazardous gold mine waste collected from upstream customers and recycling it into recycled products for sale to downstream customers. business model Upstream customers mainly hire us to provide cyanide residue treatment services. Cyanide tailings are a type of hazardous waste from gold mines generated during the gold smelting process, including cyanide, which is a small number of chemical reagents that can dissolve gold in water. Cyanide is a toxic substance and can be fatal if ingested or inhaled in sufficient quantities. Gold mining companies adopt strict risk management systems to avoid harm or damage caused by the use of cyanide. When gold is removed, gold mining companies collect cyanide from the mining solution for recycling or disposal. Due to technical expertise and cost considerations, gold smelters under gold mining companies will hire hazardous waste treatment companies like ours to collect cyanide tailings from such companies and pay corresponding treatment fees. In the course of our operations, we are able to break down toxins for hazardous gold mine waste. Furthermore, we are able to extract economically valuable resources from hazardous waste from gold mines, while sulfur concentrates and gold-containing sulphur concentrates are mainly recycled products that can be used to produce sulfur and sulfuric acid, which can be used in different industrial processes. We generally sell recycled products to downstream customers, such as chemical manufacturing companies and chemical trading companies.

Company Profile

Symbol02265
Company NameHC ENV TECH
ISINKYG4596V1068
Listing Date11/12/2021
Issue Price1.02
Shares Offered250.00M share
Founded01/12/2021
RegistrationCayman Islands
ChairmanZeming Liu
SecretaryRunhui Wang
Audit InstitutionPricewaterhouseCoopers
Company CategoryOverseas registration of Mainland Individuals control
Registered OfficeCricket Square, Hutchins Drive PO Box 2681, Grand Cayman KY1-1111, Cayman Islands
Head Office and Principal Place of BusinessRoom 1806, 18th floor, Convention Plaza Office Tower, 1 Harbour Road, Wan Chai, Hong Kong
Fiscal Year Ends12-31
Employees213
MarketHong Kong motherboard
Phone(86)5352176699
Fax(86)5352178881
Emailhongchengkuangye@163.com
Business Hongcheng Environmental Technology Co., Ltd. is a Chinese company mainly engaged in gold mine waste treatment business. The company's main business is hazardous waste treatment in gold mines, resource recycling and comprehensive utilization, sales of recycled products, hazardous waste storage and leasing services, etc. The company's products include sulfur concentrates, gold and sulfur concentrates, and construction aggregates. The company's products are mainly used in the fields of chemical manufacturing and chemical trade.

Company Executives

  • Name
  • Position
  • Salary
  • Zeming Liu
  • Chairman of the Board,Nomination Committee Chairman,Executive Director,Remuneration Committee Member
  • --
  • Yirong Zhan
  • Authorized Representative,Executive Director,CEO
  • --
  • Haiyan Sheng
  • Technical Director,Executive Director
  • --
  • Shijun Zhang
  • Nomination Committee Member,Independent Non-Executive Director,Audit Committee Member
  • --
  • Ye Liu
  • Audit Committee Member,Independent Non-Executive Director,Nomination Committee Member,Remuneration Committee Chairman
  • --
  • Zhongwei Liu
  • Audit Committee Chairman,Independent Non-Executive Director,Remuneration Committee Member
  • --
  • Weiping Zhang
  • Hong Cheng, Deputy General Manager of Environmental Protection
  • --
  • Guangping Zhu
  • Deputy General Manager of Hongcheng Mining
  • --
  • Runhui Wang
  • Finance Director,Company Secretary,Authorized Representative
  • --

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