News
A global leader in metal recycling and environmental protection
Chiho Environmental Group Limited Announced 2018 Interim Results The Group Recognized a Record-High Revenue and Profit
August 27,2018[August 27th, 2018-Hong Kong] Chiho Environmental Group Limited (the “Company” ; Stock Code: 976; together with its subsidiaries, the “Group”) is pleased to present the unaudited condensed consolidated results of the Group for the six months ended 30 June 2018 (the “Reporting Period” or the “period”).
Chiho Environment Group secured a syndicated loan facility
July 06,2018[5 July 2018, Hong Kong] Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 976.HK) is pleased to announce that on 29 June 2018, the Company entered into a facility agreement with certain independent third party institutions for a syndicated term loan facility of up to US$300,000,000 for a term of two years for the refinancing of existing loans and working capital purposes.
(Interview of Hong Kong Economic Times) Chiho Hopes to Expand Waste Vehicle Recycling Market in China by Drawing on the Experience of Europe and the U.S.
April 22,2018Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 00976.HK) acquired Scholz, a metal recycling company based in Germany in 2016. Wong Wun Lam, the Chief Financial Officer hoped to expand the waste vehicle recycling market in China by introducing Scholz’s experience gained in the European and U.S. market and its technology in the future.
Chiho Environmental Group Limited Obtained the Licence to Dispose of Waste
April 16,2018Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 976.HK) is pleased to announce its factory in Yuen Long, Hong Kong, which is dedicated to waste electrical and electronic equipment (WEEE) processing, has obtained the Licence to Dispose of Waste from Hong Kong Environmental Protection Department since April 9, 2018, making it become the first institution to obtain this licence in the private operation market.
Chiho Environmental Group Limited Announced 2017 Annual Results Business Taking off on Transformation Efforts
March 29,2018[March 29th, 2018-Hong Kong] Chiho Environmental Group Limited (the “Company” ; Stock Code: 976; together with its subsidiaries, the “Group”) is pleased to announce the audited consolidated financial results for the year ended 31 December 2017 (the “Reporting Period” or the “period”).
Dr Klaus Hauschulte appointed CEO of Scholz Recycling GmbH
February 01,2018Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 976.HK) is pleased to announce that Dr. Klaus Hauschulte (“Dr. Hauschulte”) has been appointed as the Chief Executive Officer (“CEO”) of an indirectly wholly-owned subsidiary of the Company, Scholz Recycling GmbH (“SRG”, together with its subsidiaries, the “Scholz Group”) with effect from 1 February 2018 Central European Time. He will report to Mr. Qin Yongming (“Mr. Qin”), the Chairman of the Board and CEO of the Group.
Mr. Tu Jianhua, Chairman of Loncin was elected as “2017 Top Ten Chinese Entrepreneurs”
January 20,2018On 20 January 2018, the 15th Chinese Enterprise Development Forum – with the theme New Era, New Enterprise, New Finance and New Industrial and Commercial Enterprises was held at the Great Hall of the People, Beijing. The 2017 Top Ten News of Chinese Enterprises and 2017 Top Ten Chinese Entrepreneurs (State-owned Enterprise/Privately-owned Enterprises) were announced at the meeting. Mr. Tu Jianhua, Chairman of the Board of Directors of Loncin Holdings Co., Ltd. (“Loncin”), was elected as “2017 Top Ten Chinese Entrepreneurs (Privately-owned Enterprises).”
Chiho Environmental won the Most Valuable Medium-and-Small-cap Stock” Award in the “2017 Golden Hong Kong Stocks Awards Contest
January 18,2018After a comprehensive review and screening by professional assessors, Chiho Environmental Group Limited ("CEG" or the "Group"; stock code: 976.HK) riding on its remarkable results performance and internationalized layout and positioning, has won the Most Valuable Medium- and Small-cap Stock ” Award in the“2017 Golden Hong Kong Stocks Awards Contest. Mr. Wong Wun Lam, Chief Financial Officer of CEG, attended the award ceremony on behalf of the Company.
(Economic Digest Interview) Chiho acquired German peer hopefully to bring new technology to China
January 18,2018In recent years, apart from pursuing economic growth, China also highly concerned with environmental protection. In July 2017, the State Council announced a further strict standard for the imported garbage from aboard. Mr. Qin Yongming, Chairman of Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 00976.HK), believed that this measure would in turn compel the foreign importers to improve the quality of waste when exporting to China. As the Group completed the acquisition of the entire share capital of Scholz Holding GmbH (“Scholz Holding” and together with its subsidiaries, “Scholz Group”), a world leading mixed metal recycling giant in Germany, the Group would be well endowed with advanced waste recycling technology and operation mode from a highly industrialized country and thereby elevated its competitiveness.
Chiho Environmental Group Limited was awarded'2017 China Financial Market Award – Best Investment Value Award'
January 08,2018Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 976.HK), won the "2017 China Financial Market Award – Best Investment Value Award "with excellent performance. The ceremony and celebration dinner of the event was held on January 8, 2018 at Hong Kong Four Seasons Hotel. Mr. Wong Wun Lam, Chief Financial Officer of CEG attended the ceremony and received the award on behalf of the Group.