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To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
S.F. Holding
06936.HK
Air Freight & Logistics 32.3-36.3 200 N/A 2024/11/22 2024/11/26 2024/11/27
Jiuyuan Gene
02566.HK
Biotechnology - Medical Devices 11.48-12.56 200 N/A 2024/11/25 2024/11/27 2024/11/28
Mokingran
02585.HK
Watch & Jewellery 12-14.4 200 N/A 2024/11/26 2024/11/28 2024/11/29
Summary
We are a leading player providing the eco-friendly and cost-efficient treatment of industrial solid and hazardous waste in China. We headquarter in Wuhu, Anhui province with service coverage of more than 20 provinces in China, including Shaanxi, Henan, Hunan, Shandong, among others. We pioneered the use of cement kiln waste treatment services to facilitate the safe, harmless and efficient treatment of industrial solid and hazardous waste and were ranked as the largest cement kiln waste treatment service provider in terms of revenue in China in 2020.

According to Frost & Sullivan, the solid waste treatment industry in China can be divided into three main segments, namely the industrial solid waste, hazardous waste and municipal solid waste treatment. We provide industrial solid and hazardous waste treatment primarily using cement kiln waste treatment technologies. We were the largest cement kiln waste treatment service provider in terms of revenue in China in 2020. In addition, we were also the largest industrial solid and hazardous waste treatment service provider using cement kiln waste treatment technologies in China in 2020 in terms of (i) treatment capacity in operation, representing approximately 21.7% of the total market share; and (ii) treatment volume, representing approximately 31.1% of the total market share.

Cement kiln waste treatment technologies use cement kiln to co-process waste during the cement production process and is the fastest-growing segment in the hazardous waste treatment industry in terms of treatment capacity and revenue. There are four major waste treatment methods in China, comprising landfill, traditional incineration, cement kiln waste treatment and resource utilization. According to Frost & Sullivan, in comparison with traditional incineration treatment, which produces harmful emission and solid residues and requires further treatment, cement kiln waste treatment can effectively eliminate these pollutants. At the same time, waste materials can be used as an alternative fuel and residues can be reused as raw materials for cement production. Cement kiln waste treatment projects also require lower operation expenditure and capital expenditure, according to Frost & Sullivan. We pioneered the use of cement kiln waste treatment technologies to offer services in the solid and hazardous waste treatment industry in China to facilitate industry upgrade towards safe, harmless and efficient treatment. By leveraging the eco-friendly and cost-efficient cement kiln waste treatment technologies, we were able to increase our revenue significantly from RMB396.7 million in 2018 to RMB737.8 million in 2019 and further to RMB1,144.0 million in 2020. Our revenue also increased from RMB717.6 million in the nine months ended September 30, 2020 to RMB1,194.4 million in the nine months ended September 30, 2021. We believe we are well positioned to capture expected growth in this industry. According to Frost & Sullivan, total treatment revenue of the PRC cement kiln waste treatment services market is expected to increase at a CAGR of 20.3% from RMB4.8 billion in 2020 to RMB12.1 billion in 2025.



Source: Conch Environment (00587) Prospectus (IPO Date : 22/03/2022)
Listing Market MAIN
Industry Environmental & Facilities Services
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders [00914] Anhui Conch Cement Company Limited (21.21%)
Anhui Conch Venture Group Co., Ltd. (5.98%)
Directors Li Qunfeng (Chairman and Non-Executive Director)
Wang Chunjian (General Manager and Executive Director)
Fan Zhan (Executive Director)
Liao Dan (Executive Director)
Ma Wei (Non-Executive Director)
Jiang Dehong (Non-Executive Director)
Wang Jiafen (Independent Non-Executive Director)
Li Chen (Independent Non-Executive Director)
Ding Wenjiang (Independent Non-Executive Director)
Company Secretary Lee Leong Yin
Liao Dan
Principal Bankers
Solicitors Clifford Chance
Auditors KPMG
Registered Office 5th Floor, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address http://www.conchenviro.com
Email Address hlhb@conchenviro.com
Tel No (86 553) 835-2886
Fax No
 
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