Subsidiary of Central Plains Environment Protection (000544.SZ) intends to sign a co-burning agreement for co-blending with a related party for nutrient soil synergism.

date
25/12/2024
avatar
GMT Eight
Central Plains Environment Protection (000544.SZ) announced that in order to solve the subsequent disposal issues of sludge products (nutrient soil) produced by the Eightgang Sludge Treatment Plant and Shuangqiao Sewage Treatment Plant operated by its wholly-owned subsidiary Zhengzhou Wastewater Purification Limited Company (hereinafter referred to as "Purification Company"), Purification Company intends to sign sludge co-incineration service contracts with related parties Zhengxing Environmental Energy Co., Ltd. (hereinafter referred to as "Zhengxing Company"), Zhengzhou Yingze Environmental Energy Co., Ltd. (hereinafter referred to as "Yingze Company"), and Dongxing Environmental Energy Co., Ltd. (hereinafter referred to as "Dongxing Company"), respectively. Zhengxing Company, Yingze Company, and Dongxing Company will be responsible for receiving the sludge products (nutrient soil) from Eightgang Sludge Treatment Plant and Shuangqiao Sewage Treatment Plant for incineration in waste-to-energy plants. The disposal unit prices (including tax) for sludge products (nutrient soil) are 86.92 yuan/ton for Zhengxing Company, 86.92 yuan/ton for Yingze Company, and 82 yuan/ton for Dongxing Company. The contract period is from January 1, 2025 to December 31, 2025. The volume of sludge disposal will be based on actual circumstances for transport and disposal, and the service fees will be settled based on actual usage, with an estimated total cost of approximately 7.1 million yuan based on the above prices.

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