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Press Release
HanKore’s Xianyang Eastern Suburbs Plant receives approval from Chinese authorities for 44.3% hike in water tariff to RMB1.01/ton
• Hike in tariff to take place once Phase 2 capacity of Xianyang plant is completed, which will double to 200,000 tons/day
• Positive financial impact for the Group’s FY2013 performance
Singapore, 20 Nov 2012 – HanKore Environment Technology Group (“HanKore”, “the Group” or 汉 科 环 境 科 技 集 团 ), an international leader in the water environment market in China, recently obtained approval from Chinese authorities to increase the water discharge fees of second phase by 44.3% from RMB0.70/ton to RMB1.01/ton at its Xianyang Eastern Suburbs Wastewater Treatment Plant located in Xianyang City, Shaanxi Province.
The hike in tariff will take place once the second phase of the Xianyang plant is completed, which will double capacity to 200,000 tons/day. This hike is expected to provide a positive financial impact for the Group’s FY2013 performance.
Spanning an area of 102 mu, the Group’s Xianyang plant, is the largest wastewater treatment plant in the Weihe River Basin1. Officially launched in 2006, the first phase of Xianyang plant has a waste water treatment capacity of 100,000 tons/day, discharging Grade B quality of water2. With the completion of second phase, total waste water treatment capacity would be raised to 200,000
tons/day with Grade A quality of water discharge3. The investment of the second phase will be RMB145 million.
“As the first urban BOT waste water treatment plant in Shaanxi Province, the Group’s Xianyang plant is a major pillar supporting the Chinese authorities’ relentless efforts in the prevention and control of water pollution in the Weihe River Basin. The higher capacity and capability of the Xianyang plant is a testament of the Group’s commitment in creating a clean and sustainable water environment in China.”
- The End -
HanKore’s Xianyang Eastern Suburbs Plant receives approval from Chinese authorities for 44.3% hike in water tariff to RMB1.01/ton
• Hike in tariff to take place once Phase 2 capacity of Xianyang plant is completed, which will double to 200,000 tons/day
• Positive financial impact for the Group’s FY2013 performance
Singapore, 20 Nov 2012 – HanKore Environment Technology Group (“HanKore”, “the Group” or 汉 科 环 境 科 技 集 团 ), an international leader in the water environment market in China, recently obtained approval from Chinese authorities to increase the water discharge fees of second phase by 44.3% from RMB0.70/ton to RMB1.01/ton at its Xianyang Eastern Suburbs Wastewater Treatment Plant located in Xianyang City, Shaanxi Province.
The hike in tariff will take place once the second phase of the Xianyang plant is completed, which will double capacity to 200,000 tons/day. This hike is expected to provide a positive financial impact for the Group’s FY2013 performance.
Spanning an area of 102 mu, the Group’s Xianyang plant, is the largest wastewater treatment plant in the Weihe River Basin1. Officially launched in 2006, the first phase of Xianyang plant has a waste water treatment capacity of 100,000 tons/day, discharging Grade B quality of water2. With the completion of second phase, total waste water treatment capacity would be raised to 200,000
tons/day with Grade A quality of water discharge3. The investment of the second phase will be RMB145 million.
“As the first urban BOT waste water treatment plant in Shaanxi Province, the Group’s Xianyang plant is a major pillar supporting the Chinese authorities’ relentless efforts in the prevention and control of water pollution in the Weihe River Basin. The higher capacity and capability of the Xianyang plant is a testament of the Group’s commitment in creating a clean and sustainable water environment in China.”
- The End -
PUBLISHED NOVEMBER 12, 2012
China seeks to stem environmental protests
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BEIJING - The Chinese government will require that future industrial projects include assessments of their risk to social stability, following several large protests around the country over pollution, a top official said on Monday.
The government will also increase transparency and public involvement in decisions regarding large projects with potential environmental impact, Minister for Environmental Protection Zhou Shengxian told reporters on the sidelines of a Communist Party congress at which a new generation of leaders will be installed.
Mr Zhou acknowledged the sensitivity of the issue but said it was natural for such incidents to occur as living standards rise.
"I think it is inevitable that when a society is developed to a certain level, certain phenomena will naturally arise, this is regular. For China ... we are now in a sensitive period especially in terms of environmental issues," he said.
China seeks to stem environmental protests
PRINT |EMAIL THIS ARTICLE
BEIJING - The Chinese government will require that future industrial projects include assessments of their risk to social stability, following several large protests around the country over pollution, a top official said on Monday.
The government will also increase transparency and public involvement in decisions regarding large projects with potential environmental impact, Minister for Environmental Protection Zhou Shengxian told reporters on the sidelines of a Communist Party congress at which a new generation of leaders will be installed.
Mr Zhou acknowledged the sensitivity of the issue but said it was natural for such incidents to occur as living standards rise.
"I think it is inevitable that when a society is developed to a certain level, certain phenomena will naturally arise, this is regular. For China ... we are now in a sensitive period especially in terms of environmental issues," he said.
I care no others, just keep buying.
Lucky03 ( Date: 10-Nov-2012 17:21) Posted:
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#17
Lucky03
Junior Member
Join Date
Apr 2008
Posts
20
I picked up more yesterday and I was amazed that a total of 102 transactions were made with 1 lot each ! What is the seller trying to prove or his intention to sell 1 lot at a time rather than all 102 lots ? The value is small and there should be no worry to 'scare off seller' by selling 102 lots in one go ???
Lucky03
Junior Member
Join Date
Apr 2008
Posts
20
I picked up more yesterday and I was amazed that a total of 102 transactions were made with 1 lot each ! What is the seller trying to prove or his intention to sell 1 lot at a time rather than all 102 lots ? The value is small and there should be no worry to 'scare off seller' by selling 102 lots in one go ???
S chip also known as Biotreat ever sold 80cts to $1,10...now never say daylight..but agree with U now limited downside
I start buying it.