国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Datang Environment plans IPO

By LYU CHANG (China Daily) Updated: 2016-08-26 08:22

Datang Environment Industry Group Co Ltd, a unit of the State-owned China Datang Group, said it plans to list its shares in Hong Kong next month.

Given the country's push for clean air, the company said it believes the time is appropriate.

Shen Zhen, vice-general manager of Datang Environment, said it was looking at an initial public offering in Hong Kong last year, but the timing seemed bad since Hong Kong stocks were then entering a bear market.

"We are fully prepared now, with completion of the due diligence investigation," he said.

The Beijing-based company, which is the energy conservation and environmental protection arm of China Datang, helps coal-fired power plants reduce their emissions and pollution. China Datang is one of the five major power generation enterprises,

Shen said the company will use the money raised in the IPO to install pollution control systems for newly built coal-burning power plants. It will also purchase such equipment for the existing coal-fired power plants.

"Apart from operation of projects to reduce emissions such as sulfur dioxide and nitrogen oxide, we are expanding our energy-saving and water treatment businesses at the same time," he said, without giving more details on the scale of financing.

The move came as China rolled out new emissions standards for power plants in 2014, which are in some cases even stricter than current standards in the European Union and the United States.

In some regions such as Beijing, Tianjin, Shanghai and Guangdong province, all existing and new coal-fired power plants will have to achieve emission limit values for SO2, NOx and PM to 50, 35 and 5 milligrams per cubic meter, respectively, by 2020, according to the general regulation. The standard is the highest in the world followed by Japan, Europe and the US, experts said.

Wang Changqing, general manager of the environmental protection unit at Datang Environment, said that the potential size of the country's market for SO2 and NOx emission reduction could reach about 300 billion yuan ($45.1 billion).

"Although it will be in a very competitive market, we are very confident about our clean technologies," he said. "We are using the emissions control equipment not only for our own plants, but also those in other companies."

The company signed strategic cooperation agreements with Shanghai Electric Corporation and Harbin Electric Corporation to jointly develop the overseas market for coal-fired plant pollutant control.

Shen said the Belt and Road Initiative provides huge opportunities for Datang as many countries along the Silk Road Economic Belt and the 21st Century Maritime Silk Road have growing demand for less pollution and cleaner air.

Hot Topics

Editor's Picks
...
西乌珠穆沁旗| 文安县| 荔波县| 札达县| 铜梁县| 安乡县| 肇州县| 泽库县| 湖北省| 河间市| 芦山县| 永嘉县| 镇康县| 五常市| 瓮安县| 逊克县| 九龙坡区| 五大连池市| 英吉沙县| 潜江市| 台湾省| 界首市| 呈贡县| 广灵县| 开封市| 天峻县| 乾安县| 济宁市| 紫阳县| 文安县| 彭泽县| 盐亭县| 喀什市| 涞源县| 贵溪市| 美姑县| 托里县| 涞源县| 农安县| 临海市| 武陟县|