News
A global leader in metal recycling and environmental protection
Chiho Attended 2017 CMRA Annual Convention And Hosted Dinner Party
November 09,2017The 17th International Secondary Nonferrous Metals Conference and Exhibition, also known as 2017 CMRA Annual Convention, was successfully held at Shangri-La Hotel in Ningbo, China from 7 to 9 November 2017.
Chiho Environmental Group Limited Obtained Permit for Export of Waste Printed Circuit Boards
November 09,2017On 7 November 2017, Chiho 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 Permit for Export of Waste Printed Circuit Boards from Hong Kong Environmental Protection Department (EPD).
BMW Scooters produced by Loncin Group Unveiled in Milan
November 09,2017On 7 November 2017, Loncin Motor Company Limited (“Loncin Motor” or the “Company”, stock code: 603766.SH) of Loncin Group, which is the largest shareholder of Chiho Environmental Group Limited (“CEG” or the “Group”, stock code: 976.HK) is pleased to announce that BMW C400X High-emission Scooter produced by Loncin Motor and BMW F750GS and F850GS High-emission Scooter with 850cc double-cylinder engine under the brand of Loncin Motor were officially released at the 75th EICMA in Milan, Italy,
Chiho Environmental Group First Debut on Eco Expo Asia 2017
October 26,2017The 12th Eco Expo Asia is held from 26-29 October at the Asia World-Expo. Organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd, and co-organised by the Environment Bureau of the Hong Kong Special Administrative Region (HKSAR) Government, the expo will feature nearly 340 exhibitors from 19 countries and regions. Together, they will showcase an array of green products and solutions from around the world.
HK EPD delegation’s visit to Chiho HK’s recycling facility
September 20,2017On September 19th, the Deputy Director of the Hong Kong Environmental Protection Department (EPD), Mr. Elvis Au, and other EPD officers visited Chiho Environmental Group’s (CEG) Hong Kong recycling facility to learn about the facility’s new electronic waste processing capabilities.
Company profile: A global force
May 18,2017Hong Kong-based Chiho-Tiande has emerged as a multinational, large-volume scrap recycler thanks to its acquisition of Scholz AG’s European assets.
Chiho-Tiande Obtained the Merger Control Clearance from the Authority in Bosnia
November 09,2016[09 November 2016, Hong Kong] Chiho-Tiande (00976) announces that, referring to its proposed acquisition of the entire share capital in Scholz Holding GmbH, the Company has obtained the merger control clearance from the Council of Competition of Bosnia and Herzegovina and all relevant merger control clearances for the proposed acquisition have been obtained from the relevant regulatory authorities.
Chiho-Tiande CEO Resigned
October 25,2016[25 October 2016, Hong Kong] Chiho-Tiande (00976.HK) announces that with effect from 24 October 2016, Mr. Zhang Jun resigned as CEO and Executive Director and ceased to be a member of the Executive Committee and Strategy and Investment Committee of the Company; Ms. Zhang Jingdong resigned as an Independent Non-executvie Director and ceased to be a member of the Audit Committee, the Nomination Committee and the Remuneration Committee of the company. Mr. Zhang resigned due to his desire to devote more time on his personal endeavors and Ms. Zhang resigned as she will retire. Each of them has confirmed that he/she has no disagreement with the Board and there are no matters with regard to his/her resignation which need to be brought to the attention of the shareholders of the Company or the Stock Exchange.
New designated management team for Scholz Recycling
September 06,2016[06 September 2016, Hong Kong] – Chiho-Tiande Group Ltd. (“Chiho-Tiande” or “CTG”) (HKEx stock code: 00976), the leading mixed metal scrap recycler and importer in China and the largest buyer of electro scrap motors from Europe, today announced the introduction of the envisaged new management team for Scholz Recycling GmbH (“Scholz Recycling”), the new operational ultimate holding company of Scholz Group. After reaching several major milestones recently, CTG is now making good progress towards the objective of becoming the sole shareholder of Scholz Group.
Chiho-Tiande Completed the Debt Acquisition of Scholz Holding GmbH
July 22,2016Chiho-Tiande Group Limited (“Chiho-Tiande” or the “Group”) (Stock code: 976), a global leading mixed metal scrap recycler, is pleased to announce the completion of the acquisition of the rights and obligations under certain loan agreements and promissory notes of Scholz Holding GmbH (“Scholz Holding”), one of the biggest metal scrap recyclers in the world. The closing of the Debt Acquisition took place on 22 July 2016 (after trading hours), at the initial purchase price of EUR236 million (equivalent to approximately HK$2.1 billion) and part of the Closing Conditions Settlement Amount of approximately EUR4 million (equivalent to approximately HK$35.6 million). Through the Debt Acquisition, the Group become the largest debtholder of Scholz Holding, and will embark on a series of steps to prepare for the Potential Equity Acquisition in the near future.