Hengyu Environmental Protection: Signed a $27.58 million daily operation sales contract.

date
20/08/2025
Hengyu Environmental Protection Announcement: The company has signed a sales contract with a customer in the United Kingdom, with a total contract amount of 27.58 million US dollars. This contract is a routine operational sales contract for the company, has completed internal approval procedures, and does not require approval by the board of directors or shareholders' meeting. The subject of the contract is an industrial continuous waste plastic pyrolysis production line, with a disposal capacity of 60,000 tons/year. The contract has taken effect and will be implemented upon the company's confirmation of receiving the first payment from the customer. The contract period is from the effective date of the contract to the date when both parties fulfill their responsibilities and obligations. It is expected that the implementation of the contract will have a positive impact on the company's performance in 2025-2026, help enhance the company's position in the European and American markets in the output of waste plastic pyrolysis technology and equipment sales, and further consolidate the company's leading position in the pyrolysis technology equipment market.