Conch entrepreneurship and Nengyuan environment signed a cooperation agreement

  On November 27, 2020, conch venture and Shanghai Nengyuan Environmental Technology Development Co., Ltd. signed a cooperation and joint venture agreement in Beijing. The two sides will establish a joint venture to give full play to their advantages in their respective fields and jointly promote the implementation of the development strategy of soil remediation, terminal disposal and oil sludge disposal industry. Shu Mao, Secretary of the board of directors of conch venture, and Qian Li, chairman of Nengyuan environment, signed a joint venture agreement on behalf of both parties. Guo Jingbin, chairman of conch venture, attended and witnessed the signing.

  According to the agreement, under the background of the country's vigorous promotion of supply side reform, green development, high efficiency and energy conservation, development of circular economy and high-quality development strategy, the two sides will take the business cooperation of soil remediation, oil sludge disposal and sludge incineration power generation as the starting point in accordance with the principle of "strong combination, complementary advantages, mutual benefit and common development", Carry out in-depth cooperation in the field of energy conservation and environmental protection throughout the country.

  It is understood that Nengyuan environment is a leading enterprise in the field of environmental remediation in China. It has rich operating experience and technical advantages in the fields of soil and groundwater remediation, mine ecological remediation and industrial operation, oil sludge and other solid and hazardous waste treatment and disposal. It obtained the first-class qualification for professional contracting of environmental protection projects through M & A in 2019 and has the ability to undertake various environmental protection projects.