With investment of RMB 20 million from Xingrong Group, Chengdu Xingrong Renewable Energy Co., Ltd. was founded in June 2010. The company specializes in investment, construction, operation and management of landfill leachate and power generation from garbage incineration projects. In May 2012, Chengdu Xingrong Renewable Energy Co., Ltd. was merged into Chengdu Xingrong Investment Co., Ltd. as a wholly-owned subsidiary in the way of listed transfer by Xingrong Group. By December 31, 2015, the company has employees of 137, with a registered capital of RMB 626.96 million and total assets of RMB 917,494,100.
In addition to one landfill leachate treatment plant with daily disposal capacity of 2,000 tons, the company operates Wanxing Green Power Plant and Longfeng Green Power Plant, with domestic garbage disposal capacity each day stood at 2,400 tons and 1,500 tons respectively.