Tianjin Capital (01065) Investment Construction Xianyang Road Sewage Treatment Plant Relocation Second Phase Project.

Tianjin Capital (01065) announced that the relocation and second-phase construction project of Xianyang Road Sewage Treatment Plant is located in Tianjin. The sewage treatment design capacity is 150,000 m/d, and the sewage treatment process uses "Bardenfu bio-reactor + MBR membrane workshop", with the treated water quality meeting the Tianjin landmark "Urban Sewage Treatment Plant Pollutant Discharge Standard" (DB12/599-2015) A standard. Sludge treatment uses "mechanical concentration and dehydration", with the sludge moisture content after treatment being 80%. The total investment of the project is approximately RMB 598.32 million. The Xianyang Road Sewage Treatment Plant (Old Plant) in Tianjin was completed and put into operation at the end of 2005, with a design capacity of 450,000 m/d. It underwent upgrades in 2009 to improve the water quality standards. In October 2015, Tianjin implemented a new local discharge standard, but due to limitations of the old plant's existing conditions, it was unable to meet the upgraded standards. Therefore, in 2016, the old plant was relocated and upgraded to meet the new standards, with a capacity of 450,000 m/d. It officially started operation in August 2019. After the completion of the relocation and upgrade project of the old plant, due to an increase in the water volume in the Xianyang Road sewage system, the old plant could not be shut down as planned. Emergency treatment projects of 150,000 m/d were implemented in 2018 and 2019. The temporary emergency equipment has been operating for more than 5 years, exceeding the planned 2 years of operation, leading to severe aging and difficulty in ensuring safe and stable operation. Therefore, it is urgent to start the Xianyang Road Sewage Treatment Plant relocation and second-phase construction project to relocate the emergency treatment capacity of 150,000 m/d to the reserved land of the new plant, effectively addressing the systematic risks of the old plant's sewage treatment system due to aging facilities. The Xianyang Road Sewage Treatment Plant relocation and second-phase construction project has a sewage treatment design capacity of 150,000 m/d, with the sewage treatment process using "Bardenfu bio-reactor + MBR membrane workshop", and the treated water quality meeting the Tianjin landmark "Urban Sewage Treatment Plant Pollutant Discharge Standard" (DB12/599-2015) A standard. Sludge treatment uses "mechanical concentration and dehydration", with the sludge moisture content after treatment being 80%, following the same disposal method as the first-phase project. The total construction period of this project is estimated to be 24 months. The concession operating end date will be consistent with the "Tianjin Central Urban Area Four Sewage Treatment Plants Concession Agreement" and related supplementary agreements (until December 31, 2043), with an estimated cooperation period of 18 years, including 24 months of construction and 16 years of operation. As per the "Memorandum on Water Price Adjustment for the Concession Operation of the Four Sewage Treatment Plants in Tianjin Central Urban Area" signed between Tianjin Water Bureau and Tianjin Capital Environmental Protection Group in 2024 (detailed in company announcement "Temporary 2024-038"), this project is tentatively priced at a sewage treatment comprehensive service fee of RMB 2.13 per ton.