Everbright Greentech Secures Two Hazardous and Solid Waste Treatment Projects

Hong Kong, 16 December 2019 – China Everbright Greentech Limited ("Everbright Greentech" or the "Company") (Stock code: 1257.HK) is pleased to announce that the Company has recently secured Jiangsu Lianyungang Hazardous Waste Incineration Project ("Lianyungang Project") Phase III and Shaanxi Yulin Hazardous Waste Treatment Project ("Yulin Project"), with a total investment of approximately RMB625.8 million.

Lianyungang Project Phase III commands an investment of approximately RMB320.8 million, with a designed annual hazardous waste treatment capacity of 30,000 tonnes. The project is mainly responsible for processing hazardous waste with high salinity and high halogen generated from Lianyungang. Once Lianyungang Project Phase III completes construction and commences operation, the total treatment capacity of Lianyungang Project Phase I, II and III will reach 42,600 tonnes per annum.

Yulin Project commands an investment of approximately RMB305 million, with a designed annual industrial hazardous waste treatment capacity of 40,000 tonnes. The project is mainly responsible for the collection and treatment of hazardous waste generated from Yulin, as well as other regions of Shaanxi Province. It is the first hazardous and solid waste treatment project secured by Everbright Greentech in the province.