Hongcheng Environmental Technology Co., Ltd.
HHKEX:22651.15
HKD
+0.04
(+3.62%)
ISIN
KYG4596V1068
CUSIP
G4596V106
Return %
Stock
S&P 500
1Y
11.17
14.20
3Y
23.12
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
CNY
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Yi Rong Zhan
- Full Time Employees
- 417
- Sector
- Industrial services
- Industry
- Environmental services
- Address
- Yeyan Road North Yantai SD China
- IPO Date
- Nov 12, 2021
- Website
- sdhcgroup.cn
- Similar Companies
- Business
- Hongcheng Environmental Technology Co., Ltd. operates as a holding company whose subsidiaries specialize in gold mine hazardous waste treatment, resource recovery, and comprehensive utilization of gold mine hazardous wastes. The company engages in hazardous waste treatment services, sales of pyrite concentrate, reprocessing of pyrite concentrate to produce sulfuric acid and iron powder, and related electricity generation from waste-derived processes. Its activities are primarily conducted in the domestic Chinese market, with a focus on environmental remediation within the gold mining sector. Founding year and headquarters: the company is headquartered in Yantai, Shandong Province, China, and began operations following its listing on the Hong Kong Stock Exchange in 2021. Core business segments include Hazardous Waste Treatment and Recycling (provision of gold mine hazardous waste treatment services and sales of pyrite concentrate) and Reprocessing of Pyrite Concentrate and Others (production and sale of sulfuric acid, iron powder, and electricity generated from reprocessed pyrite concentrate). The firm also engages in the sale of recycled products and provides hazardous waste storage leasing services, positioning the company within the broader environmental services and hazardous waste management arena. Latest major company changes include strategic expansions and acquisitions driven by corporate growth initiatives, such as plans to acquire chemical product companies and expand product lines through new manufacturing undertakings. The company discloses ongoing efforts to broaden its product portfolio and pursue production line expansions, including potential new product lines like sulfuric acid production, subject to licensing and regulatory approvals. It maintains investor relations communications outlining these developments, and continues to pursue strategic investments and corporate actions to broaden its footprint in hazardous waste management and related byproducts. Industry context and target markets: operates within the environmental services sector, with a focus on gold mine waste treatment, resource recovery, and the sale of recycled byproducts. Its customer base consists primarily of chemical manufacturers, mining operators, and downstream users of reclaimed materials. Geographic operations are concentrated in China, with activities centered in Shandong Province and adjacent regions, reflecting the company’s domestic emphasis in hazardous waste management and waste-to-resource initiatives. Subsidiaries and corporate structure support integration of waste treatment, byproduct processing, and sales channels, aligning with a vertically integrated model for environmental remediation and resource recovery.