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SDL Successfully Won the PPP Project of Ledu Wastewater Treatment Plant in Hai Dong City

10 June 2015

 Qinghai Sheng Snow Environmental Protection Technology Co. Ltd., a subsidiary of Beijing SDL Technology Co., Ltd and Beijing Zhongdian Jiamei formed a consortium to jointly bid for the “East Sea area of Ledu city sewage treatment plant PPP project” after determining the bid announcement and received the successful results of the Qinghai Provincial Machinery & Electric Equipment Tendering Center.

The project budget is 142.63 million yuan, the service requirements for investment, construction, operation of Ledu sewage treatment plant, the cooperation period is thirty years franchise period, including construction period and operation period, the return mechanism for user payment and feasibility gap subsidy. The project will be jointly established by the investment parties in which the East Sea municipal government contributed 30% stake. CLP invested 51% stake, Qinghai Sheng Snow contributed 19% stake.

As a business platform for the environmental management of SDL, Qinghai Sheng Snow wins the PPP project of the Ledu District Wastewater Treatment Plant in Haidong City, marking a strategic step taken by the Company in the field of environmental management. Through the participation in the construction and operation of the project, Qinghai Sheng Snow will accumulate practical experience in environmental management business and develop a core team to lay a solid foundation for the company's comprehensive environmental platform layout.