Conch venture signs joint venture agreement with Sinochem International

  On April 28, Wuhu Haichuang environmental protection company under conch venture signed a joint venture agreement with Sinochem (Zhejiang) Membrane Industry Development Co., Ltd. ("Sinochem membrane industry development") under Sinochem International (holding) Co., Ltd. ("Sinochem International", stock code: sh600500) at Shanghai Sinochem International Headquarters. Zhang Keke, assistant general manager of conch venture, and Zhou Haiming, general manager of Sinochem membrane industry development, signed a joint venture agreement on behalf of both parties. Guo Jingbin, chairman of conch venture, Liu Hongsheng, President of chemical business department of Sinochem Group and general manager of Sinochem International, and Shi Jianqiang, deputy County of Xiangshan County, Ningbo City, Zhejiang Province attended and witnessed the signing ceremony.

  The development of Sinochem industry is a company engaged in environmental protection in Chinese mainland jointly with Ningbo Zhejiang local investment group. It has the core competitiveness of membrane materials R & D, application process and liquid zero discharge and salt resource utilization, and has core competitiveness in fine chemicals, new membrane materials, sewage treatment and other business areas. It has relevant chemical industry R & D and production bases, and continues to expand upstream and downstream and domestic and foreign markets around its core business, with outstanding enterprise advantages.

  According to the agreement, the two sides will establish a joint venture controlled by conch entrepreneurship to jointly develop in the field of collaborative disposal of fly ash in cement kilns and create a new chapter in the ecological environment industry. Both parties will make use of the technical advantages and rich practical experience accumulated by conch entrepreneurship in the field of collaborative disposal of solid and hazardous wastes in cement kilns, combined with the advantages of fly ash water elution chlorine membrane application technology, salt separation crystallization technology and salt recycling mastered by Sinochem International, as well as its advanced safety management system, as well as the influence of both parties in the industry, Seize the development opportunity of vigorously promoting the standardized treatment of ecological environment, jointly implement the collaborative disposal of fly ash in cement kilns and the resource utilization of fly ash, promote the market expansion and benefit improvement of collaborative disposal of fly ash in cement kilns nationwide, and realize mutual benefit, win-win and common development.

  Before the signing ceremony, Guo Jingbin, chairman of conch venture, led the management team to meet with the management of Sinochem International and relevant leaders of Xiangshan county government.

  Guo Jingbin, chairman of conch venture, said that through strong cooperation with Sinochem International, making use of the resources and technical advantages of collaborative disposal of conch venture cement kiln, as well as Sinochem International's advanced technology of dechlorination membrane application and resource recycling, we can solve a series of problems such as insufficient space for fly ash landfill and polluting the ecological environment, so as to achieve good economic benefits, It also makes great contributions to environmental protection, energy conservation and emission reduction. This cooperation not only builds a platform for conch entrepreneurship and the integrated development of Sinochem International fly ash disposal business, but also provides an opportunity for the two sides to carry out more extensive cooperation in the whole solid and hazardous waste disposal industry in the future. The two sides will further explore more advanced technologies and innovative cooperation modes to achieve mutual benefit, win-win cooperation and common development!

  Liu Hongsheng, President of chemical business department of Sinochem Group and general manager of Sinochem International, said that he believed that both sides not only have common goals in business scope, but also have the same height and pursuit in corporate culture, safety management and social responsibility. Through this cooperation, Sinochem International and conch entrepreneurship will strive to fully realize the resource sharing and complementary advantages of both sides in technology, market and safety management, fill the huge gap in China's fly ash disposal capacity, fully explore the cooperation feasibility of more cutting-edge and mature technologies, and jointly realize innovation, linkage and integrated development.

  Li Daming, deputy general manager of conch entrepreneurship, Shu Mao, Secretary of the board of directors, and heads of relevant departments such as safety and environmental protection department, finance department and comprehensive management department attended the above activities.