- Business
- SIIC Environment Holdings Ltd. (0807.HK), an investment holding company incorporated in Singapore in 2002 and headquartered at One Temasek Avenue #37-02 Millenia Tower, Singapore, operates as a leading integrated environmental services provider primarily in China, focusing on wastewater treatment, water supply, sludge treatment, and solid waste incineration through service concession arrangements including BOT, TOT, and BOO models; it manages approximately 250 wastewater treatment and water supply projects, 5 waste incineration projects generating power sold to grid companies, and 13 sludge treatment projects across 20 provinces and municipalities such as Shandong, Guangdong, Hubei, Jiangsu, Shanghai, Zhejiang, and others, serving residential and non-residential end users with tap water compliant to national standards and charging fees based on treatment volumes and tariffs under concessions with local governments. The company, listed on the Singapore Exchange Mainboard since 2012 (formerly Asia Water Technology Ltd.) and the Hong Kong Stock Exchange Mainboard since 2018 with stock code BHK.SG, is controlled by Shanghai Industrial Holdings Limited (363.HK), a subsidiary of Shanghai Industrial Investments (Holdings) Company Limited under the Shanghai Municipal Government, with China Energy Conservation and Environmental Protection Group as a key strategic investor. In recent developments, SIIC Environment signed a concession for the Beiliu City Urban Sewage Treatment Plant Phase III Project in Guangxi (60,000 tonnes/day capacity) in the first half of 2025, completed a 25,000 tonnes/day sewage treatment project and commenced a 100,000 tonnes/day O&M project in Shanghai, finished upgrading expansions adding 31,000 tonnes/day in Sichuan and Heilongjiang plus 30,000 tonnes/day in Shandong, secured a concession extension for an 80,000 tonnes/day project in Guangxi, and in FY2024 acquired four new projects in Hubei Province; additionally, in October 2025, its controlling shareholder Shanghai Industrial Investment underwent a proposed reorganization transferring ownership to Golden Bell International Holdings Ltd., a state-owned entity maintaining indirect government control over 50.12% of shares.