Shenghui Cleanness Group Holdings Limited
HHKEX:25210.94
HKD
+0.03
(+2.73%)
Shenghui Cleanness Group Holdings Limited
HKEX:2521
(Hong Kong Exchange)
Recent
price
0.94
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Shenghui Cleanness Group Holdings Limited engages primarily in the provision of cleaning and maintenance services in the People's Republic of China. The company's core offerings include basic cleaning and maintenance services; garbage collection and transportation; waste collection and transportation; water tank cleaning; and ancillary services targeting airports, shopping malls, commercial buildings, residential properties, commercial complexes, streets, parks, and other public spaces. Additionally, Shenghui provides specialized cleaning services such as stone cleaning and restoration and high-altitude cleaning using mobile elevated platforms. The company also engages in resale and recycling activities related to waste materials. Founded in 2000 and headquartered in Guangzhou, China, Shenghui operates across 14 provincial-level regions and serves over 700 customers, leveraging industry experience of more than two decades. Recent major developments include the strategic acquisition of shares in Best Technology (Shenzhen) Inc. (BTI), a company specializing in recycling technology, which is intended to enhance Shenghui’s operational capabilities and expand its involvement in environmentally friendly initiatives. In October 2024, Shenghui, through its subsidiary, successfully co-developed equipment and completed trial production of pulp from post-consumer paper products using BTI’s patented technology featuring zero wastewater discharge. This innovation aligns with the company’s ESG commitments and supports government policies on material recycling. Shenghui plans to deploy this technology in bio-based industrial parks across Hong Kong, Macau, and Singapore, and integrate it with its existing waste collection business. The company also pursues organic growth through expanding cleaning services into new markets and exploring acquisitions within the Greater Bay Area to strengthen geographic coverage and infrastructure tender capabilities. As of 2024, Shenghui reported a revenue increase to approximately RMB 673.6 million, reflecting steady business growth and strategic repositioning toward environmental sustainability and service expansion. The company employs over 8,000 staff and maintains a diversified service portfolio covering commercial, residential, and public sectors across China.