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Bazhong Xingrong Environment Co., Ltd.

Bazhong Xingrong Environment Co., Ltd.

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  As a wholly-owned third-level subsidiary of Chengdu Xingrong Environment Co., Ltd., Bazhong Xingrong Environment Co., Ltd. (hereinafter referred to as “Bazhong Xingrong Environment”) was founded in September 2012. By using the BOT model, Bazhong Xingrong Environment has been responsible for relocation project of Bazhong Sewage Treatment Plant and Bazhong Economic Development Zone Sewage Treatment Plant in terms of investment, construction and operation.

  Since early 2012 when Bazhong Municipal People’s Government signed the Framework Agreement for Strategic Cooperation of Urban Water Supply and Drainage in Bazhong City with Xingrong Environment Co., Ltd. (formerly named “Chengdu Xingrong Investment Co., Ltd.”, and hereinafter referred to as “Chengdu Xingrong”), Chengdu Xingrong has been working hard to push the cooperative project forward.

  With investment of RMB 115 million, Phase-I Step-One BOT Project of Bazhong Economic Development Zone Sewage Treatment Plant was completed in September 2014 and met all operating conditions.

  Phase-I Step-One BOT Project of Relocation of Bazhong Sewage Treatment Plant, with total investment about RMB 300 million, was commenced in December 2013 and put into operation in the first half of 2016.

  BT project of supporting main pipes and off-site road of Bazhong Economic Development Zone Sewage Treatment Plant, with total investment of RMB 260 million or so, were put into operation on October 15, 2015.

  Total investment for all above projects was about RMB 700 million, with actual investment stood at RMB 600 million or so by December 2015.

  I. BOT Project of Bazhong Economic Development Zone Sewage Treatment Plant

  Sewage treatment capacity of Phase-I Step-One project is 19,900 tons per day, Phase-I Step-Two project 10,100 tons per day, Phase II project 70,000 tons per day and long-term one 100,000 tons per day. BOT project of sewage treatment plant belongs to Phase-I Step-One project, with total investment of RMB 115 million. The project was completed and passed the preliminary acceptance in January 2015, meeting all operating conditions. And then on April 1, 2015, it was put into commercial operation.

  II. BOT Project of Relocation of Bazhong Sewage Treatment Plant

  Sewage treatment capacity of Phase I project is 75,000 tons per day, Phase II project 75,000 tons per day and long-term one 50,000 tons per day. BOT Project of Relocation of Bazhong Sewage Treatment Plant belongs to the Phase I project, with total investment of about RMB 300 million, including RMB 265 million for plant construction and RMB 35.51 million for trunk sewer outside the plant and lift pumping station. At present, river embankment engineering had been completed. Image progress of plant project was 90%, overall completion achieved in March 2016.

  III. BT project of supporting main pipes and off-site road of Bazhong Economic Development Zone Sewage Treatment Plant

  Total investment in BT project of supporting main pipes and off-site road of the sewage treatment plant is RMB 260 million. In the project, DN800-DN1350 trunk sewer, with length of 25km was installed and passed the acceptance on October 15, 2015, and has been put into service by now.