PR89230

BEIJING, April 27, 2021 /PRNewswire=KYODO JBN/ --

As more efforts are being made on waste sorting in China, WELLE Group, one of

China's leading enterprises in the field of wet garbage treatment, has achieved

an outstanding sales performance in 2020 with revenue up 17.29 percent year on

year and cash flow from operating activities exceeding 363 million yuan.

WELLE Group, as a GEM listed company with more than 2000 employees, has engaged

in various areas such as landfill leachate treatment, wet garbage treatment,

biogas and bio-natural gas, industrial energy conservation and VOCs treatment

business, etc.

In the future, WELLE Group will continue to consolidate its main business of

wet garbage treatment, and strengthen technology research and development to

increase economic benefits, said Li Yao, vice president of the company, during

the IE EXPO CHINA 2021 ended last Thursday.

WELLE Group will continue optimism about the huge opportunities brought by

nationwide promotion of waste sorting. With the gradual implementation of waste

sorting policies in more cities in China, the market potential will continue to

be released, Li said.

With more and more large-scale investment projects launched, WELLE Group has

developed strategic cooperation with many state-owned enterprises to better

combine the advantages of both sides. In the past two years, the company has

signed strategic cooperation framework agreements with SDIC Ecology and

Changzhou Hi-tech Group, Li introduced.

At the same time, WELLE Group will vigorously make research on how to deepen

the resource utilization of wet garbage and how to better integrate it with

agriculture, so as to improve the economic benefits of the project in small

towns and rural areas with the economics of the project as one of the important

considerations.

In addition, digital transformation is also one of the company's priorities of

development. WELLE Group actively promotes the establishment of its own data

center, big data cloud platform, and intelligent system.

As the intensity of law enforcement increases, environmental protection

requirements for enterprises have become stricter. WELLE's rich experience in

the treatment of landfill leachate can be transferred into the industrial water

treatment industry with a lower cost, which will be attractive to customers. In

the future, the industrial sector may become a strong support for the company's

profit growth, Li added.

See the original link: https://en.imsilkroad.com/p/321173.html

SOURCE: Xinhua Silk Road

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   Link: http://asianetnews.net/view-attachment?attach-id=390095

   Caption: Photo shows the booths of WELLE Group during the IE EXPO CHINA 2021 held in

China's Shanghai from April 20 to 22.