Infore Environment Technology Group Co., Ltd. Class A
SSZSE:0009676.83
CNY
+0.13
(+1.94%)
Infore Environment Technology Group Co., Ltd. Class A
SZSE:000967
(Shenzhen Stock Exchange)
Recent
price
6.83
P/E
ratio
44.13
div
yld
0.82%
ROIC.AI
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- Business
- Infore Environment Technology Group Co., Ltd. researches, develops, manufactures, and sells sanitation machines and environmental protection equipment, operating primarily in China with international reach. Its main products include sanitation and cleaning equipment such as garbage trucks, dust compression, kitchen waste disposal vehicles, municipal and rural cleaning vehicles, sprayers, sweepers, and new energy-powered environmental protection equipment, including pure-electric and hydrogen fuel cell vehicles. The company also provides intelligent equipment like 5G sanitation robots, autonomous sanitation vehicles, and small smart cleaning robots, along with smart services via its Smart Sanitation Cloud Platform that integrates IoT, AI, big data, and cloud computing technologies for real-time urban sanitation management. Additional offerings include environmental monitoring systems covering air and water quality, solid waste treatment facilities focusing on waste-to-energy and recycling, and ventilator manufacturing. Founded in 1999 and headquartered in Shaoxing City, Zhejiang Province, Infore Environment pursues a dual strategy of "urban steward + sanitation integration," serving urban cleaning, waste management, and environmental protection markets through government procurement, franchising, and equity cooperation. The company leads China’s environmental protection equipment sector with over 400 product models and maintains extensive R&D capabilities, holding more than 1,100 patents, especially advancing in new energy and intelligent robotic technologies. Recent major developments include strategic investments of nearly RMB 700 million in renewable energy and waste management technologies reflecting China's environmental policy priorities. In 2023, Infore launched a new waste-to-energy plant in Jiangsu with an annual capacity of 500,000 tons, introduced its fifth-generation new energy sanitation vehicles with the most comprehensive product portfolio in the industry, and expanded deployment of its 5G intelligent cleaning robots in major cities. The company continued strengthening its Smart Sanitation Cloud Platform, which now supports over 80,000 products with more than 40,000 daily active users, facilitating smart urban services and refined sanitation management. It also concluded equity acquisitions increasing stakes in key subsidiaries to consolidate its market position. The company reported operating revenue exceeding RMB 12.6 billion and net profit attributable to shareholders of approximately RMB 498 million for 2023, with ongoing investments in R&D totaling RMB 353 million focused on product innovation in new energy and intelligent equipment. Infore Environment operates through multiple segments including solid waste treatment, water treatment projects, and air pollution control, maintaining leadership in China’s environmental sanitation industry and expanding internationally into Southeast Asia and Africa. Infore Environment Technology Group Co., Ltd. is publicly traded on the Shenzhen Stock Exchange under ticker 000967.SZ and is headquartered at 1818 Renmin West Road, Shangyu District, Shaoxing City, Zhejiang Province, China. The company aligns its business with national goals of ecological construction, carbon peak and neutrality, leveraging advanced technologies to drive the modernization and digital transformation of urban sanitation and environmental management in China and beyond.