New stock news | Hunan Junxin Environmental Protection secondary listing on the Hong Kong Stock Exchange.
On February 13th, the Hong Kong Stock Exchange disclosed that Hunan Junxin Environmental Protection Co., Ltd. (referred to as "Junxin Shares") submitted an application for listing on the Main Board of the Hong Kong Stock Exchange, with China International Capital Corporation and CITIC Securities acting as its joint sponsors.
According to the disclosure by the Hong Kong Stock Exchange on February 13, Hunan Junxin Environmental Protection Co., Ltd. (referred to as Hunan Junxin Environmental Protection) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC and CITIC SEC as its joint sponsors. This is the second time that the company has submitted documents to the Hong Kong Stock Exchange. The prospectus shows that Hunan Junxin Environmental Protection is a company that provides professional solutions for comprehensive waste treatment and resource utilization, including investment, management, and operation of green environmental energy projects. According to Frost & Sullivan data, in terms of project scale, the main business operation of Hunan Junxin Environmental Protection in the Changsha Environmental Protection Industrial Park is one of the largest comprehensive environmental parks in China. The project scale is mainly measured by the designed waste treatment capacity, which is the most common industry indicator for measuring comprehensive environmental parks and individual treatment projects. As of the last feasible date, it has several projects, including projects related to garbage clean incineration power generation and comprehensive treatment of various types of waste. The core business of Hunan Junxin Environmental Protection includes (i) garbage clean incineration power generation; (ii) comprehensive treatment of various types of waste (including sludge, sewage, leachate, fly ash, and others); (iii) transfer, compression, and transportation of municipal solid waste; and (iv) collection, harmless treatment, and resource utilization of kitchen waste.
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