CEB WATER (01857): CEB Water has been awarded the "Outstanding Listed Company Award" for the 5th consecutive year.
17/12/2024
GMT Eight
CEB WATER (01857) announced that the company was recently awarded the "Outstanding Listed Company Award 2024" jointly presented by the well-known mainland China and Hong Kong media outlets "Fenghuangwang Hong Kong Stocks" and "am730". This is the 5th consecutive year that CEB WATER has received this honor, demonstrating the capital market's recognition of the company's efforts and achievements, as well as confidence in the company's future development prospects.
As the only award for listed companies jointly presented by cross-platform financial media outlets in mainland China and Hong Kong, the "Outstanding Listed Company Award" aims to recognize Hong Kong-listed companies that have demonstrated outstanding performance in business development, environment, society, governance, and other aspects throughout the year, providing important reference for investors. A panel of fund managers, senior stock commentators, and stock analysts evaluates the listed companies that meet the relevant criteria, and ultimately determines the winners.
As a leading comprehensive water environment management service provider in China, CEB WATER has been through more than twenty years of challenges, adhering to its original intention, deepening its involvement in the "comprehensive water" field, strengthening its foundation, innovating, improving quality and efficiency, and continuously exploring to solidify the path of high-quality and sustainable development for the company. Since the beginning of this year, the company has invested in and implemented sewage treatment projects in Shandong, Henan, and other places; signed multiple contracts related to light asset business in industrial wastewater treatment, further integrating related business capabilities, and improving the layout of the "light-heavy combination" business in industrial wastewater treatment. The Guangdong Nanxiong livestock and poultry manure resource utilization project under the company has been put into operation this year, better supporting the company to extend its business layout to source pollution control and rural environmental governance fields.
While continuously improving the layout of the industrial chain, CEB WATER has also been actively promoting the cost reduction and efficiency enhancement of project operation and management through various measures. Among them, the "in-factory photovoltaic" project initiated and implemented by the company in 2021 has been promoted to date. The photovoltaic power generation facilities in the factory area not only increase the utilization rate of the factory space, but also provide green power for the project, reduce carbon emissions, save external electricity costs, promote a win-win situation for economic and ecological benefits, and become an important force for the company to build new low-carbon wastewater treatment projects. As of the end of November 2024, the company has put into operation photovoltaic power generation facilities for 7 projects, with a total installed capacity of 14 megawatts, providing over 13 million kilowatt-hours of green power annually. In addition, the company focuses on the maintenance and repair of the main equipment of sewage treatment projects, optimizes technical processes and management procedures based on the actual situation of projects, addresses pain points in operation and management, enhances carbon accounting and carbon reduction measures, increases the utilization of sewage and sludge resources, effectively promotes the improvement of operational efficiency and reduction of carbon emissions of various projects under its umbrella, and promotes green circular development.
In the future, CEB WATER will continue to closely follow China's national strategic guidelines, focus on the concept of "comprehensive water," accumulate development momentum in various dimensions such as market, management, and technology, improve the layout of the industrial chain, and serve China's major national strategies with a higher position, more practical responsibilities, and more actions, promote the common sustainable development of economy, environment, and society, and let the original intention of enjoying water nourish reality and light up the future.