- CEO
- Kexi Zhao
- Full Time Employees
- 63,533
- Sector
- Industrial services
- Industry
- Environmental services
- Address
- Central Plaza Beijing BE China
- IPO Date
- Jan 15, 2020
- Business
- Beijing Enterprises Urban Resources Group Limited (3718.HK) is an investment holding company primarily engaged in urban services and hazardous waste treatment businesses as the flagship environmental services arm of Beijing Enterprises Group; it operates through three main segments including urban services encompassing environmental governance such as road cleaning, garbage sorting, collection and transportation, transportation station management, public toilet management, manure collection and transportation, greenway maintenance, river cleaning and property management services; hazardous waste treatment covering hazard-free disposal services via physical-chemical treatment, biological treatment, incineration and safe landfill for medical and industrial wastes as well as recycling and reuse of products like methanol, ethanol and silicon copper slag; and others comprising waste electrical and electronic equipment treatment with sales of dismantled products from items such as computers, refrigerators and televisions. The company, founded in 2013 and headquartered in Wan Chai, Hong Kong with principal operations across 25 provinces, municipalities and autonomous regions in Chinese Mainland plus Hong Kong, manages over 230 urban services projects, nearly 20 hazardous waste projects and employs over 67,000 staff, serving local governments, industrial firms and medical institutions under models like operation & maintenance, PPP, BOT and urban butler integrated services. Recent developments include the June 2024 acquisition of an 85% stake in Shiny Glory Services Limited for HK$43.9 million, adding 38 urban services projects in Hong Kong focused on cleaning, pest management and waste recycling with total contract value of RMB1.76 billion; winning 64 new urban services projects through public tenders and acquisitions in 2024 with combined contract value of RMB7.85 billion and estimated annual revenue of RMB1.50 billion, including bids in Chengde and Nanjing in November 2025 valued at RMB185 million; expansion to 231 urban projects by year-end 2024 from 186 in 2023; and a shift in functional currency to RMB in 2024 alongside a proposed final dividend of HK1.3 cents per share for the year ended December 31, 2024.