Strong Project Momentum; Sound Global Won RMB96 Million Turnkey Contract

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Wednesday, 22 October 2014, 17:15 HKT/SGT

HONG KONG, Oct 22, 2014 - (ACN Newswire) - Sound Global Ltd. ("Sound Global" or the "Company"; Hong Kong Stock Code:967) is pleased to announce that it has won the bid for the turnkey project to construct, procure and install equipments for Phase III and upgrading and improvement of Phase I of the Hefei Shiwuli River Sewage Plant.

Located in Hefei, Anhui Province, the project is planned to primarily serve an area of 131.4 km2, including the Southern part of the High-Tech Zone, the New Central Office District, Wanghucheng, the South-western part of Baohe Industrial Zone, the North-eastern part of the Economic Zone, the Northern part of Binhu New District of Hefei. Phase III of Shiwuli River Sewage Plant is designed to have a daily treatment capacity of 100,000 tonnes. After the upgrading and improvement, Phase I shall have a daily treatment capacity of 50,000 tonnes. The total contract value will amount to RMB 96.09 million. The COD, N and P indicators of water discharged by this project are designed to be better than Grade 1A. In particular, the COD and TP indicators shall satisfy Class IV standard specified for surface water environmental quality as set out in the "Environmental Quality Standard for Surface Water"(GB 3838-2002). The water discharged by the sewage plant will drain into Shiwuli River of Hefei, and finally converge with Chaohu Basin.

As the State and Anhui Provincial Government increase their efforts on governing the water environment of the Chaohu Basin, winning the bid for the project will play a positive role in controlling the ecological environment of the Chaohu Basin, promoting the sustainable use of lake resources, and achieving a harmony between man and nature.

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
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