（Economic Digest Interview） Chiho acquired German peer hopefully to bring new technology to China

In 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 (“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.

As a global leader in the metal recycling and environmental protection industry, Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 976.HK) possesses extensive experience and advanced technologies in recycling of mixed scrap metals, end-of life vehicles and e-waste. The Group currently has presence in over 30 countries and regions spanning Europe, Greater China and North America, operating more than 300 yards including metals processing facilities equipped with one-stop system for collecting, gathering, sorting and processing.

[November 20th, 2017, 2017－Hong Kong] Chiho Environmental Group Limited (“CEG” or the “Group”; Stock Code: 976.HK) is pleased to announce that Mr. William Thomas Bird (“Tom Bird”) has been appointed as the Chief Operating Officer of the Group with effect from 20 November 2017.

The 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.

On 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).

On 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,

The 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.

On 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.

At beginning of the year Chiho-Tiande Group took over Scholz Recycling Group. RECYCLING magazine talked to CTG-CEO Henry Qin about current situation of the company and the planned future developments.