Wangneng Environment Co., Ltd. has achieved a major breakthrough in its internationalization strategy!

Recently, Wangneng Environment, together with its partner Dragonventures Investment and Development Joint Stock Company and their joint venture Longxing Green Energy Co., Ltd. ("Longxing Energy"), jointly signed the "Principle Contract for Domestic Solid Waste Treatment Services" with the representative of the People's Committee of Thai Binh Province, the Department of Agriculture and Environment of Thai Binh Province of the Socialist Republic of Vietnam. This marks that Wangneng Environment has successfully signed its first investment project for domestic waste incineration power generation in the Vietnamese market, which is of great milestone significance.

For the contract signed this time, Wangneng Environment and Dragonventures Investment and Development Joint Stock Company jointly act as investors, and Longxing Energy acts as the project company to invest in, construct, maintain and operate the "Modern Technology Solid Waste Incineration Power Plant Project" located in Thuy Thanh Commune, Thai Thuy District, Thai Binh Province, Vietnam. The designed treatment scale of domestic waste for the project is not less than 600 tons per day, aiming to use advanced technology to achieve harmless, reduction and resource utilization of solid waste.

Wangneng Environment will give full play to its rich experience and technical advantages in the field of domestic waste incineration power generation, closely cooperate with its partners, and fully promote the follow-up work of the project, striving to build it into a benchmark project of the company in the overseas market, and contribute the wisdom and strength of Chinese enterprises to improving the local environment and promoting the circular economy.