C&G ENVIRONMENTAL PROTECTION HOLDINGS LIMITED
C&G ENVIRONMENTAL PROTECTION HOLDINGS LIMITED (Incorporated in Bermuda on 24 September 2004) (Company Registration Number: 35842)
C&G AWARDS A NEW EQUIPMENT SALES CONTRACT
The Board of Director of C&G Environmental Protection Holdings Limited ("C&G" or "the Group") is pleased to announce that the Group's wholly owned subsidiary, C&G Green Energy (Shenzhen) Company Limited ("C&G SZ") has recently been awarded a sales contract of Sludge Dewatering System Procurement of the fourth sewage treatment plant expansion project in Xi'an with a contract sum of approximately RMB37 million. The contract shall be divided into two phases.
The winning of the sales contract marks a significant achievement in our business diversification into a more asset-light business. The transaction is expected to contribute positively to the financial results for the year ending 31 December 2015.
C&G Green Energy (Shenzhen) Company Limited is incorporated in Qianhai, Shenzhen, the People's Republic of China on 14 May, 2014 and is mainly engaged in research & development, consulting, technology transfer, wholesale of energy-saving products and equipment, commission agency (excluding auction), import and export, and other related ancillary businesses in the market sectors such as water purification and industrial wastewater treatment, sludge treatment, waste gas treatment, clean energy and energy saving services.
None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the above transaction.
By Order of the Board
Lin Yan
Executive Chairman & Group Chief Executive Officer
25 February 2015
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