HONGCHENG ENVIRONMENT plans to invest in the concession rights transfer project for water environment management in the main urban area of Lepin

According to the Zhitong Finance APP, HONGCHENG ENVIRONMENT (600461.SH) announced that its wholly-owned subsidiary, Jiangxi Hongcheng Water Industry Environmental Protection Co., Ltd. (other consortium members: Jiangxi Hongcheng Environmental Construction Engineering Co., Ltd., Nanchang Urban Planning and Design Research Institute Group Co., Ltd., Jiangxi Province Survey and Design Research Institute Co., Ltd.), has won the bid for the integrated phase one project of the water environment comprehensive 治理厂网 in the main urban area of Lepin City (Project Number: JXTC2024030276C1) through the bidding process. The total investment for the project is 360 million yuan, and it will be implemented under the Build-Operate-Transfer (BOT) model.

The main construction content of the project includes: 1) the construction of a decentralized sewage treatment station with a capacity of 6,000 cubic meters per day; 2) the construction of approximately 23.5 kilometers of rainwater and sewage pipelines; 3) the dredging and restoration of municipal pipelines; 4) the installation of 395 interception wells; 5) the renovation of 2,352 discharge outlets; 6) the construction of 2 new pump stations; 7) the renovation of drainage units along the North Inner River, internal source 治理工程， water diversion activation projects, and smart water management platform projects, etc.

The announcement stated that the implementation of the integrated phase one project of the water environment comprehensive 治理厂网 in the main urban area of Lepin City can better ensure the scientific and efficient operation of the entire process of urban domestic sewage collection and treatment in Lepin City, Jiangxi Province, achieving unified management of sewage treatment plants and drainage facilities within the collection scope under the company's control, and realizing the national policy's advocacy for sewage "factory-network integration." Undertaking this project is an important project layout for the company to strengthen and expand its water service sector business and achieve the strategic development goals for the next phase, which will positively promote the company's market position in the water industry in Jiangxi Province and enhance its overall strength