---
title: "WELL.E's subsidiary signs a cooperation agreement for biogas purification project with Suzhou Shanying Paper Industry"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238252675.md"
description: "WELL.E's wholly-owned subsidiary, WELL.E Bioenergy, has signed a cooperation agreement for a biogas purification project with Suzhou Shanying Paper Industry. The project will be invested and constructed within the Suzhou Shanying Paper Industry plant, with an expected daily processing capacity of 80,000 cubic meters of biogas and an annual sales revenue exceeding 47 million yuan. The revenue during the 10-year operation period is expected to exceed 470 million yuan"
datetime: "2025-04-30T10:19:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238252675.md)
  - [en](https://longbridge.com/en/news/238252675.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238252675.md)
generator: "portal-rs"
---

# WELL.E's subsidiary signs a cooperation agreement for biogas purification project with Suzhou Shanying Paper Industry

According to the announcement from Zhitong Finance APP, WELL.E (300190.SZ) stated that its wholly-owned subsidiary WELL.E (Changzhou) Bioenergy Co., Ltd. (referred to as "WELL.E Bioenergy") has signed a "Biogas Purification Project Cooperation Agreement" with Shanying Paper (Suzhou) Co., Ltd. (referred to as "Suzhou Shanying Paper"). According to the contract, WELL.E Bioenergy will invest in the construction and operation of the biogas purification project using the land within the Suzhou Shanying Paper factory area, receiving the biogas resources generated within the factory, purifying it, and selling it as biomethane into the gas pipeline network. The project has an operating period of 10 years and will be constructed in two phases, starting from the actual production date of the second phase. The first and second phases of the project will process a total of 80,000 cubic meters of biogas per day, corresponding to the daily production of approximately 54,800 cubic meters of biomethane. According to estimates, the first and second phases of the project are expected to achieve a total annual sales revenue of over 47 million yuan, with total revenue during the 10-year operating period expected to exceed 470 million yuan

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**