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ISIN: BMG2116Y1057 · WKN: A12HLR · Symbol: BIU2
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HANKORE ENVIRONMENT TECH GROUP LIMITED
(FORMERLY KNOWN AS BIO-TREAT TECHNOLOGY LIMITED)
(Incorporated in Bermuda)
(Company Registration No. 34074)
______________________________________________________________________________
APPROVAL GRANTED FOR THE SECOND PHASE PROJECT OF WASTEWATER
TREATMENT PLANT IN XIANYANG SHAANXI PROVINCE
______________________________________________________________________________
The Board of Directors of HanKore Environment Tech Group Limited (the “Company”) wishes
to announce that the Government of Xianyang Shaanxi Province has approved the second phase
project of the Wastewater Treatment Plant in Xianyang Shaanxi. The Company is expecting that
the second phase project will start in September 2011, and commence its operation before 30
June 2012. The total investment for the second phase project is amounting to RMB150 million,
and upon the completion, the daily wastewater treatment capacity will increased by 100,000 tons.
Subsequent to the completion of the second phase project of Wastewater Treatment in Xianyang
Shaanxi, the Xianyang Shaanxi Wastewater Treatment Plant will be the largest Wastewater
Treatment Plant in Weihe River Basin, western part of China, and it will create and bring the new
business opportunities for continuing growth of the Group and enhance the operational capacity
in next few years.
By Order of the Board
Chen Dawei
Executive Chairman and Chief Executive Officer
Date: 29 August 2011
HANKORE ENVIRONMENT TECH GROUP LIMITED
(FORMERLY KNOWN AS BIO-TREAT TECHNOLOGY LIMITED)
(Incorporated in Bermuda)
(Company Registration No. 34074)
______________________________________________________________________________
APPROVAL GRANTED FOR THE SECOND PHASE PROJECT OF WASTEWATER
TREATMENT PLANT IN XIANYANG SHAANXI PROVINCE
______________________________________________________________________________
The Board of Directors of HanKore Environment Tech Group Limited (the “Company”) wishes
to announce that the Government of Xianyang Shaanxi Province has approved the second phase
project of the Wastewater Treatment Plant in Xianyang Shaanxi. The Company is expecting that
the second phase project will start in September 2011, and commence its operation before 30
June 2012. The total investment for the second phase project is amounting to RMB150 million,
and upon the completion, the daily wastewater treatment capacity will increased by 100,000 tons.
Subsequent to the completion of the second phase project of Wastewater Treatment in Xianyang
Shaanxi, the Xianyang Shaanxi Wastewater Treatment Plant will be the largest Wastewater
Treatment Plant in Weihe River Basin, western part of China, and it will create and bring the new
business opportunities for continuing growth of the Group and enhance the operational capacity
in next few years.
By Order of the Board
Chen Dawei
Executive Chairman and Chief Executive Officer
Date: 29 August 2011
wöw
HanKore Revamps Board, Brings in Fresh Management
HanKore Environment Tech Group Limited (formerly called Bio-Treat Technology Limited) has revamped its Board of Directors in its on-going strategy to rebuild and entrench itself as an advanced technological and environmental company in China.
As part of its effort to inject new management and industry expertise into HanKore, the company has appointed Mr David Chen Da Wei as Chief Executive Officer and Executive Chairman.
Concurrently, three new directors have been appointed to the Board: Mr Lin Zhe Ying as Executive Director, Mr Chen Da Zhi as Non-Executive Director, and Mr Lee Kheng Joo as Independent Director. The appointments took effect on 21 May 2011.
The newly appointed Board brings in wide-ranging management talent to enable HanKore to take a more holistic approach to its business. With the strengthening of HanKore’s overall financial position, the new Board will leverage its business network in China’s water and wastewater treatment industry, improve operational efficiencies at its plants with a view to raising product and service delivery, and enhance human resource capabilities.
Newly appointed CEO Mr Chen has a wealth of expertise in the water treatment industry in China. Between 2002 and 2008, he was President of Tianjin Com-link Water Treatment Engineering & Technology Co. Ltd. In 2006, Mr Chen took on the additional role of being President of Beijing Revolution Sci-tech Co. Ltd. In 2010, he moved on to become the President of HanKore, setting the stage for him to transition into the position as CEO of the company.
Commenting on his appointment, Mr Chen said: “The water treatment sector in China requires immense understanding as well as capabilities so as to grow the business. Having spent significant amount of efforts in understanding HanKore’s business as well as the broader landscape, I expect to leverage on the collective capabilities of the Board and management team to generate greater value for stakeholders.”
HanKore’s Executive Director Mr Lin Zhe Ying was previously the Chairman of Jade Capital Management Co Ltd and has held senior positions in the People’s Republic of China’s Ministry Of Commerce as the Deputy Director of the Department of Trade In Services and Division Head at the Department Of Foreign Trade.
Mr Lin oversaw the SME Board at the Shenzhen Stock Exchange and the China-Italy Mandarin Fund Advisory Committee. While at the Ministry of Commerce, he headed the Department of Foreign Trade that was responsible for foreign investment, development zones, venture capital, as well as reforms in the Chinese water market.
Mr Lin graduated from Shanxi University of Finance and Economics, Guanghua School of Management at Peking University, and France’s Rennes School of Business with a Doctor of Business Administration (DBA).
Mr Lin will be responsible for overseeing all of HanKore’s resources allocation and formulating business strategies.
As Non-Executive Director, Mr Chen Da Zhi brings with him more than a decade of experience in the technology and financial services industries as President and CEO of Beijing CCID Capital Co. Ltd and President of Beijing Protown Technology Development Ltd.
Mr Lee joins HanKore as an Independent Director, taking his place as a member of audit, and remuneration committees as well as chairman of nominating committee. In his previous capacity, Mr Lee was Chief Executive Officer of the Longmen Group.
In addition, HanKore announced the departure of three Directors from the Board. They are Mr Cui Jun, Mr Ma Zheng Hai and Mr Zhou Yao Ming. As part of the change, Mr Paul Lim, who has been the Interim Acting Chief Executive Officer, will relinquish his caretaker duties and will take on a new role as Non-Executive Director of the company.
CEO Mr Chen also commended Interim Acting CEO Mr Lim for his substantial efforts in stepping up and completing two rounds of capital restructuring, which will put the company on a firmer footing for future growth.
All Board changes take effect from 21 May 2011.
HanKore Environment Tech Group Limited (formerly called Bio-Treat Technology Limited) has revamped its Board of Directors in its on-going strategy to rebuild and entrench itself as an advanced technological and environmental company in China.
As part of its effort to inject new management and industry expertise into HanKore, the company has appointed Mr David Chen Da Wei as Chief Executive Officer and Executive Chairman.
Concurrently, three new directors have been appointed to the Board: Mr Lin Zhe Ying as Executive Director, Mr Chen Da Zhi as Non-Executive Director, and Mr Lee Kheng Joo as Independent Director. The appointments took effect on 21 May 2011.
The newly appointed Board brings in wide-ranging management talent to enable HanKore to take a more holistic approach to its business. With the strengthening of HanKore’s overall financial position, the new Board will leverage its business network in China’s water and wastewater treatment industry, improve operational efficiencies at its plants with a view to raising product and service delivery, and enhance human resource capabilities.
Newly appointed CEO Mr Chen has a wealth of expertise in the water treatment industry in China. Between 2002 and 2008, he was President of Tianjin Com-link Water Treatment Engineering & Technology Co. Ltd. In 2006, Mr Chen took on the additional role of being President of Beijing Revolution Sci-tech Co. Ltd. In 2010, he moved on to become the President of HanKore, setting the stage for him to transition into the position as CEO of the company.
Commenting on his appointment, Mr Chen said: “The water treatment sector in China requires immense understanding as well as capabilities so as to grow the business. Having spent significant amount of efforts in understanding HanKore’s business as well as the broader landscape, I expect to leverage on the collective capabilities of the Board and management team to generate greater value for stakeholders.”
HanKore’s Executive Director Mr Lin Zhe Ying was previously the Chairman of Jade Capital Management Co Ltd and has held senior positions in the People’s Republic of China’s Ministry Of Commerce as the Deputy Director of the Department of Trade In Services and Division Head at the Department Of Foreign Trade.
Mr Lin oversaw the SME Board at the Shenzhen Stock Exchange and the China-Italy Mandarin Fund Advisory Committee. While at the Ministry of Commerce, he headed the Department of Foreign Trade that was responsible for foreign investment, development zones, venture capital, as well as reforms in the Chinese water market.
Mr Lin graduated from Shanxi University of Finance and Economics, Guanghua School of Management at Peking University, and France’s Rennes School of Business with a Doctor of Business Administration (DBA).
Mr Lin will be responsible for overseeing all of HanKore’s resources allocation and formulating business strategies.
As Non-Executive Director, Mr Chen Da Zhi brings with him more than a decade of experience in the technology and financial services industries as President and CEO of Beijing CCID Capital Co. Ltd and President of Beijing Protown Technology Development Ltd.
Mr Lee joins HanKore as an Independent Director, taking his place as a member of audit, and remuneration committees as well as chairman of nominating committee. In his previous capacity, Mr Lee was Chief Executive Officer of the Longmen Group.
In addition, HanKore announced the departure of three Directors from the Board. They are Mr Cui Jun, Mr Ma Zheng Hai and Mr Zhou Yao Ming. As part of the change, Mr Paul Lim, who has been the Interim Acting Chief Executive Officer, will relinquish his caretaker duties and will take on a new role as Non-Executive Director of the company.
CEO Mr Chen also commended Interim Acting CEO Mr Lim for his substantial efforts in stepping up and completing two rounds of capital restructuring, which will put the company on a firmer footing for future growth.
All Board changes take effect from 21 May 2011.
HanKore expands presence in Shaanxi province with strategic water treatment project in Liquan
* HanKore to build and develop municipal wastewater treatment plant in Liquan county worth RMB 100 million
* Work on the Liquan project will begin in September and construction to be completed by June 2012
SINGAPORE – 23 July 2011 – HanKore Environment Tech Group Limited (“HanKore”, “汉科环境”or “The Group”), a leading Chinese environmental solutions provider focused on the water sector, has signed a strategic agreement with the Shaanxi-Liquan County People’s Government. The strategic agreement will enable HanKore to build and develop municipal wastewater treatment projects in Liquan county.
The total investment in the first phase of this project is expected to amount to RMB 100 million (about S$18.8 million). Construction for the initial phase is expected to begin in September 2011 and complete by June 2012. This partnership is part of Liquan county’s on-going urban planning effort to improve environmental infrastructure and promote economic development.
“The acceleration of urbanization and rapid economic growth in Liquan will result in more demanding requirements in terms of water resources use. The Shaanxi Government will continue to make efforts to improve the quality of water resources in this area,” said Mr David Chen (陈大伟), HanKore Executive Chairman and Chief Executive Officer.
The Liquan municipal BOT (build-operate-transfer) water and wastewater treatment project is expected to have the capacity to treat 60,000 tons of wastewater and deliver 50,000 tons of treated water for recycling per day. In Phase I, the wastewater plant is expected to treat 25,000 tons of wastewater and to deliver 25,000 tons of treated water daily. In Phase II, the plant will be expanded to treat an additional 15,000 tons of wastewater and to deliver 5,000 tons of treated water per day.
In addition, the strategic agreement includes setting up a BOT water treatment project for renewable resources in the Liquan Industrial Park with a capacity to treat 20,000 tons of wastewater and deliver 20,000 tons of treated water for recycling per day.
Amidst this strong domestic economic growth and the on-going acceleration of urban development in Liquan, HanKore will utilize its environmental technology products, equipment and solutions to manage and treat the county’s municipal sewage and wastewater. With its comprehensive and integrated water and wastewater management solutions, HanKore will bring well equipped to take advantage of the new round of business opportunities in Shaanxi province.
This latest development follows HanKore’s recent strategic cooperation agreement with the Xianyang City Environmental Protection Bureau which grants the Group the preferential right to invest in its environmental infrastructure of RMB 1 billion in value within a five year period. The agreement also includes building a RMB 12 million training centre to promote environmental awareness in Xianyang City, in Shaanxi Province.
Led by Mr David Chen, HanKore’s newly appointed management team has been leveraging on its experience and expertise in the water sector to enhance shareholder value. The Group has divested non-core assets, re-focused its development and business development towards new geographical areas in China as well as re-organising its structure to better facilitate future business activities.
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* HanKore to build and develop municipal wastewater treatment plant in Liquan county worth RMB 100 million
* Work on the Liquan project will begin in September and construction to be completed by June 2012
SINGAPORE – 23 July 2011 – HanKore Environment Tech Group Limited (“HanKore”, “汉科环境”or “The Group”), a leading Chinese environmental solutions provider focused on the water sector, has signed a strategic agreement with the Shaanxi-Liquan County People’s Government. The strategic agreement will enable HanKore to build and develop municipal wastewater treatment projects in Liquan county.
The total investment in the first phase of this project is expected to amount to RMB 100 million (about S$18.8 million). Construction for the initial phase is expected to begin in September 2011 and complete by June 2012. This partnership is part of Liquan county’s on-going urban planning effort to improve environmental infrastructure and promote economic development.
“The acceleration of urbanization and rapid economic growth in Liquan will result in more demanding requirements in terms of water resources use. The Shaanxi Government will continue to make efforts to improve the quality of water resources in this area,” said Mr David Chen (陈大伟), HanKore Executive Chairman and Chief Executive Officer.
The Liquan municipal BOT (build-operate-transfer) water and wastewater treatment project is expected to have the capacity to treat 60,000 tons of wastewater and deliver 50,000 tons of treated water for recycling per day. In Phase I, the wastewater plant is expected to treat 25,000 tons of wastewater and to deliver 25,000 tons of treated water daily. In Phase II, the plant will be expanded to treat an additional 15,000 tons of wastewater and to deliver 5,000 tons of treated water per day.
In addition, the strategic agreement includes setting up a BOT water treatment project for renewable resources in the Liquan Industrial Park with a capacity to treat 20,000 tons of wastewater and deliver 20,000 tons of treated water for recycling per day.
Amidst this strong domestic economic growth and the on-going acceleration of urban development in Liquan, HanKore will utilize its environmental technology products, equipment and solutions to manage and treat the county’s municipal sewage and wastewater. With its comprehensive and integrated water and wastewater management solutions, HanKore will bring well equipped to take advantage of the new round of business opportunities in Shaanxi province.
This latest development follows HanKore’s recent strategic cooperation agreement with the Xianyang City Environmental Protection Bureau which grants the Group the preferential right to invest in its environmental infrastructure of RMB 1 billion in value within a five year period. The agreement also includes building a RMB 12 million training centre to promote environmental awareness in Xianyang City, in Shaanxi Province.
Led by Mr David Chen, HanKore’s newly appointed management team has been leveraging on its experience and expertise in the water sector to enhance shareholder value. The Group has divested non-core assets, re-focused its development and business development towards new geographical areas in China as well as re-organising its structure to better facilitate future business activities.
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tote hose hier
:O
:O Trading Spotlight
keine umsaetze-was ist los?tot?
weiss nicht warum,aber endlich wacht die aktie aus der lethargie auf.gib es hier positive news?es ist ja 1 zukunftsmarkt die wasserreinigung spezielll in asien.vielleicht auch uebernahme.....
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