Time to market of products and environmental energy

on December 16th, 221, the new shares of Huaneng (6371) were listed.

Extended information:

1. The main business of products and environmental energy is comprehensive utilization of environmental protection energy, including coal circulation business and cogeneration business, in which cogeneration business can provide customers with services such as sludge disposal while providing steam, electricity (including coal-fired power generation, biomass power generation and sludge power generation) and compressed air. In the last three years, the main business of products and environmental energy has not changed.

2. As of the signing date of the prospectus, ZC directly holds 66.% of the company's equity, and indirectly holds 4.% of the company's equity through ZC Metals and ZC International, and is the controlling shareholder of the company.

The State-owned Assets Supervision and Administration Commission of Zhejiang Province indirectly holds 26.8% and 17.63% equity of Zhongda through state-owned companies and Communications Group respectively, and is the actual controller of Zhongda and the company.

the sponsor of the listing of Huaneng Property is CITIC Securities Co., Ltd.. The company raised 1.549 billion yuan, which will be used for the cogeneration project of agriculture, forestry and biomass incineration in Jinhua Jinyi New District, the public cogeneration project of Zhejiang Shan Ying Thermal Power Co., Ltd. in Haiyan Economic Development Zone, and the gas-heat cogeneration project of Tongxiang Taisi Environmental Protection Energy Co., Ltd. to supplement the working capital.

three, Basic information of the company

Total share capital: 558 million, total circulation: 1 million

Issue price: 15.42 yuan, circulating market value: 1.549 billion

Issue price-earnings ratio: 17.7 times industry price-earnings ratio: 18.49 times

Industry: environmental protection area: Zhejiang

Net profit in p>22 increased by 9.7% year-on-year. The data shows that in 219, the operating income of Zhongda Property increased by 19.45% year-on-year to 358.56 billion yuan, the total profit increased by 7.47% year-on-year to 4.9 billion yuan, and the net profit after deducting non-return increased by 5.28% year-on-year to 2.74 billion yuan, making it an enterprise in the industry that realized the continuous growth of net profit after deducting non-return for five consecutive years. Among them, the operating income of the company's supply chain integration service sector was 342.977 billion yuan, up 18.28% year-on-year, accounting for 95.67% of the company's operating income.

zhongda said that through this spin-off, zhongda will further focus its business. At the same time, the independent listing of the company's spin-off product environment can deepen the reform of state-owned enterprises, optimize the layout of state-owned assets, stimulate the endogenous power of product environment, improve the level of corporate governance, effectively promote the state-owned assets to become stronger, better and bigger, and realize the preservation and appreciation of state-owned assets.