Spic Yuanda Environmental-Protection (600292.SH) plans to invest in the franchised operation project for the flue gas treatment of the 21000MW coal-fired units of the Zhuandian Power Plant.

Spic Yuanda Environmental-Protection (600292.SH) announced that its wholly-owned subsidiary Chongqing Yuanda Flue Gas Treatment Franchise Business Co., Ltd. (hereinafter referred to as the "Franchise Business Company") plans to establish a branch company to build desulfurization and denitrification facilities for the 21000MW units of the Qi Zan Power Plant of Guodian Invest (Jieyang) Qi Zan Power Co., Ltd. (hereinafter referred to as the "Qi Zan Power Plant") and sign a "Franchise Business Contract" with the Qi Zan Power Plant to carry out flue gas treatment franchise business. The investment and construction of flue gas treatment franchise business projects for the 21000MW coal-fired units of the Qi Zan Power Plant by the Franchise Business Company is in line with the development positioning of Spic Yuanda Environmental-Protection. This project is the first million-ton coal-fired unit flue gas treatment franchise business project in Guangdong Province for Spic Yuanda Environmental-Protection, which is conducive to further expanding the market in Guangdong and surrounding areas. It will also help the company to obtain long-term stable income and form new profit growth points.