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| Thursday, 4 September 2014, 10:45 HKT/SGT | |
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HONG KONG, Sept 4, 2014 - (ACN Newswire) - Sound Global Ltd. ("Sound Global", or the "Company"; Hong Kong Stock Code: 967) is pleased to announce that it won the bid of a BOT project in relation to the overall reconstruction and expansion works of Xingji water treatment plant and water supply network in Gucheng County, Hebei Province.
The project with a total planned water supply capacity of 60,000 tonnes/day will be funded, constructed and operated by Sound Global. With an aggregate investment of approximately RMB170 million, the project (including establishment of a new plant and reconstruction and expansion works of water supply network) will be constructed in two phases and the short-term water supply capacity is 30,000 tonnes/day. The water quality shall comply with the 106 standards of The Standards for Drinking Water Quality (GB5749-2006), and the project, once completed, will ensure the water supply to nearly 300,000 residents in Gucheng County by 2030.
Mr. Wen Yibo, Chairman of Sound Global, commented that the overall reconstruction and expansion works of Xingji water treatment plant and water supply network in Gucheng County is an important part of South-to-North Water Diversion Project. The project, while meeting the construction requirements of ancillary works of the South-to-North Water Diversion Project, will enhance the water supply capacity, water quality and safety in Gucheng County, so as to improve the living conditions of the local residents. Sound Global will fully utilize its competitive edge in technology, capital, management and complete industrial chain built up over twenty years to construct the project into a project benefits the nation, laying a good foundation for the integration of regional water supply and drainage in water market and environmental treatment in Beijing, Tianjin and Hebei.
About Sound Global Ltd.
Sound Global is the leading one-stop integrated water and wastewater treatment solutions providers in the PRC. The Company offers services covering the full value chain of the water and wastewater treatment industry - from the design and construction of water and wastewater treatment facilities, to the operation and maintenance of water and wastewater treatment facilities and the manufacture of water and wastewater treatment equipment. With advantages in technology, capital, management and whole industry chain, Sound Global has earned a high reputation within the water industry for its excellence since its founding. The Company has very extensive business networks covering all major provinces in PRC. On top of coverage in domestic market, sound global has also penetrated into overseas market in 2009 and continued expanding its business presence internationally. Sound Global is the first Chinese water enterprise that successfully won the bid for the overseas water project.
The Company places significant emphasis on its in-house design capability and the innovative adaptation and application of technologies to offer customized, cost-effective and practical solutions for the diverse challenges presented by the treatment of municipal and industrial water and wastewater. With strong R&D and technical capacity, Sound Global could provide wastewater treatment solution for all major industries, particularly coking, metallurgy and petrochemical industries who demand highly sophisticated wastewater treatment technologies.
In 2011, Sound Global expanded into the markets of environmental management in China's suburban-rural areas. Sound Global researched and developed a new program -- the "Sound Global SMART(1) Solution for wastewater treatment in Small Townships". This program was implemented in 18 bundled wastewater treatment projects in Changsha County of Hunan Province. This integrated wastewater treatment programs, developed by Sound Global, established successful models for wastewater treatment in suburban-rural areas of China.
(1)Small & Skillful, Multiple & Modular, Active & Automatic, Rapid and Technologic
Topic: Press release summary
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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