A listed company intends to use the sewage treatment plant as an infrastructure of the asset application infrastructure REITs

[Dahecai Cube News] On July 8, Entrepreneurship and Environmental Protection issued an announcement to carry out the application of infrastructure public offering REITs. Entrepreneurship and environmental protection intends to select four sewage treatment projects located in three subsidiaries in Tianjin and Anhui Province as the assets of the pool. As of the end of 2021, the total assets were approximately 1.284 billion yuan, with a total liabilities of about 805 million yuan. In 2021, the total operating income was about 202 million yuan.

Entrepreneurship and environmental protection said that the distribution of infrastructure REITs can introduce equity funds through asset securitization, revitalize existing assets, realize the asset value restructuring, broaden the financing channels, and help build "light asset operation" and "heavy weight" and "heavy weight" The "compatible and parallel model of asset operations can ensure that the company achieves rapid investment in investment while retaining the control of project assets, and continues to generate double benefits of operation management and holding.

Entrepreneurship and environmental protection is a company that specializes in the construction, design, management, management, technical consulting and supporting services of the main sewage treatment, tap water, regenerative water plants and related supporting facilities. According to the first quarterly report, the first quarter of entrepreneurial environmental protection revenue was 1.072 billion yuan and net profit was 195 million yuan. As of March 31, 2022, the total assets were 21.090 billion yuan.

Responsible editor: Shi Jian | Audit: Li Zhen | Director: Wan Junwei

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