Zhejiang Construction Investment Environmental Development Group Co., Ltd. is officially inaugurated

On March 18, Zhejiang Construction Investment Environmental Protection Engineering Co., Ltd. was renamed and reorganized into Zhejiang Construction Investment Environmental Development Group Co., Ltd. (hereinafter referred to as “Zhejiang Environmental Development Group”) and officially unveiled.

The establishment of Zhejiang Environmental Development Group is a strategic decision by the group to focus on long-term development, optimize its layout, and promote high-quality growth. It is also a key opportunity for the company to clarify its development positioning, shoulder its mission for the era, and achieve leapfrog development. This not only aligns with the internal requirement of the company to focus on “improving existing assets and transforming new ones” and to build a leading force in transformation and upgrading but also actively implements the province’s green development and ecological civilization initiatives. It signifies the company’s firm commitment to evolve from a traditional environmental engineering firm into a technology-driven comprehensive environmental service provider.

As of February this year, Zhejiang Environmental Development Group has achieved a strong start, with all major operational indicators showing significant growth: new contract signing amount increased by 1319% year-on-year, total enterprise output value grew by 46%, operating revenue rose by 85%, and net profit increased by 16%. The company made key breakthroughs in market expansion and project acquisition, successfully winning the bid for the sewage treatment plant project in Dinghai Industrial Park’s new materials industry park, setting new records for both investment project contract amount and single contract amount. The company’s business qualification layout continues to improve, officially obtaining Zhejiang Province’s electricity sales business license, marking an important step in building capacity for market-oriented power business. Its technological innovation capabilities steadily enhanced, with the project “Research and Application of Low-Carbon Deep Treatment Technology for Pharmaceutical Wastewater Based on Biochar-Enhanced Advanced Oxidation-Membrane Separation Coupling” approved as part of Zhejiang Province’s ecological environment science and technology plan. Currently, the staff are highly motivated, and all work is progressing vigorously, laying a solid foundation for high-quality development throughout the year.

Looking ahead, Zhejiang Environmental Development Group will unwaveringly implement the decisions and deployments of the group’s Party Committee, focus on the “1510” work mainline, accelerate transformation and upgrading, drive technological innovation, and deeply cultivate five major business sectors: municipal environmental protection, new energy, resource recycling, urban renewal, and equity investment. The group will strive to build a technology-driven comprehensive environmental service provider integrating investment, construction, and operation, laying a solid foundation for the grand blueprint of “New Zhejiang Construction,” and contributing more to the province’s ecological civilization and green low-carbon development.

Source: Zhejiang Construction Group

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