Dominant in Rural Market, Sound Global Maintains its Leadership with Fast-Paced Growth

Thursday, 8 January 2015, 22:28 HKT/SGT

HONG KONG, Jan 8, 2015 - (ACN Newswire) - Sound Global Ltd. ("Sound Global" or the "Company", Hong Kong Stock Code: 967) is pleased to announce that it has recently won the bids for the PPP project in 14 towns of Tongchuan District, Dazhou City and the BOT project in 33 towns of Enyang District, Bazhong City, Sichuan Province. The company has achieved a tremendous and fast growth in China rural wastewater market in 2014 with total 176 towns of new rural projects, including 114 BOT, more than three times the amount a year earlier, 6 EPC and 56 O&M.

Due to the lack of proper facilities for sewage collection and treatment, wastewater treatment penetration of rural areas in China is very low. Also, the majority of townships are incapable of building and managing sewage treatment facilities independently. As the industry leader and pioneer in the rural market, Sound Global researched and developed a solution named SMART. SMART solution is a successful integration of the Company's strengths and advantages in R&D, design, equipment manufacturing, construction, operation and management capability, with reference to the Company's experience and technical capabilities accumulated in hundreds of water projects. The Company has made significant and innovative breakthroughs in core technologies, concepts in construction and operation, and business model for the development of SMART. SMART has been widely implemented and proved as a very cost-efficient and easily manageable solution for treating scattered wastewater in rural areas.

Sound Global's business expansion in rural markets in China has been very encouraging so far. The Company will keep raising the growth pace to seize the huge market opportunities, with an aim to continue its role in preserving the ecological environment and maintain the strong and leading position in China's water industry.

Notes:
Public-Private-Partnership ("PPP")
Build, Operate and Transfer Projects ("BOT")
Engineering, Procurement and Construction ("EPC")
Operation and Maintenance ("O&M")
SMART: Small & Skillful, Multiple & Modular, Active & Automatic, Rapid and Technologic

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 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.

Topic: Press release summary Sectors: Daily Finance, Daily News
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