China Everbright Greentech Limited announced that the Company has recently secured Chifeng Solid Waste Landfill Project in the Inner Mongolia Autonomous Region, as well as Huangshi Solid Waste Integrated Treatment Project in Hubei Province, with a total investment of approximately RMB723 million (US$ 107.43 million).

Chifeng Project commands an investment of approximately RMB224 million (US$ 33.28 million). The project is designed to process 50,000 tonnes of general industrial solid waste and 40,000 tonnes of hazardous waste annually, with a designed landfill storage capacity of 500,000 m3 and 800,000 m3 respectively. Located at Ningcheng County of Chifeng City in Inner Mongolia, Chifeng Project is mainly responsible
for the collection and treatment of industrial waste generated from Chifeng City and its surrounding areas. The project is the first environmental protection project secured by Everbright Greentech in Inner Mongolia.

Separately, Huangshi Project commands an investment of approximately RMB499 million (US$ 74.14 million). The project has an annual designed hazardous waste treatment capacity of 150,000 tonnes, including a capacity of 30,000 tonnes for hazardous waste incineration, 40,000 tonnes for hazardous waste landfill, and 80,000 tonnes for the recycling of liquid waste contained valuable metal. The designed landfill storage capacity of the project is 400,000 m3. Huangshi Project will be invested in and constructed on a BOO (Build-Operate-Own) model, for an operation period of no less than 30 years.