Securities code: City Development Environment Co.Ltd(000885) securities abbreviation: City Development Environment Co.Ltd(000885) Announcement No.: 2022039 City Development Environment Co.Ltd(000885)
PPP project of magou sewage treatment project (phase II)
Announcement of transfer into operation period
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview
City Development Environment Co.Ltd(000885) (hereinafter referred to as “the company” or ” City Development Environment Co.Ltd(000885) “) as the consortium leader and Csd Water Service Co.Ltd(603903) , the consortium won the bid of “Luohe magou sewage treatment project (phase II) PPP project” in April 2020. After obtaining the letter of acceptance in April 2020, the industrial and commercial registration of the project company was completed on April 30, 2020. On December 30, 2019 and May 7, 2020, the company disclosed relevant announcements (Announcement No.: 2019103, 2020046) in the securities times, China Securities Journal, Shanghai Securities News and cninfo.
The total investment of PPP project of Luohe magou sewage treatment project (phase II) is 185826000 yuan, and the total scale of the project is 100000 M ³/ d. This is a phase II project with an expansion scale of 50000 M ³/ d. The design adopts the improved A2 / O process + denitrifying biofilter + high-efficiency clarifier + fiber rotary filter process. The cooperation period of the project is 30 years, including the planned construction period of 1 year. The control price of sewage treatment service fee of the project is 1.507 yuan / ton, and the bidding amount of the consortium is 1.5 yuan / ton.
2、 Project progress
On April 6, 2022, the subsidiary Luohe Yuanfa water affairs Co., Ltd. received the reply from Luohe Urban Administration Bureau (Urban Comprehensive Law Enforcement Bureau) that the PPP project of Luohe magou sewage treatment project (phase II) was transferred to the operation period. The main contents are as follows:
The designed sewage treatment capacity of PPP project of Luohe magou sewage treatment project (phase II) is 50000 tons / day. The construction of PPP contract has been completed, the project has passed the completion acceptance and environmental protection acceptance, and has the operation conditions. According to the authorization of the municipal government, it is agreed that the PPP project of Luohe magou sewage treatment project (phase II) will enter the operation period from December 31, 2021 for 29 years, The sewage treatment service fee from December 31, 2021 to February 28, 2022 shall be settled according to the actual treatment capacity, and shall be implemented in accordance with the provisions of the PPP contract from March 1, 2022.
3、 Impact on the company
The completion of the project is expected to have a positive impact on the company’s future business performance.
4、 Risk tips
There are certain uncertainties in the operation of the project during the operation period. The company will pay close attention to the operation of the project and timely perform the examination and approval procedures and information disclosure obligations in accordance with the stock listing rules of Shenzhen Stock Exchange and the articles of association. Please pay attention to the investment risks.
5、 Documents for future reference
Reply of Luohe Urban Administration Bureau (Urban Comprehensive Law Enforcement Bureau) on the transfer of PPP project of Luohe magou sewage treatment project (phase II) into operation period
It is hereby announced.
City Development Environment Co.Ltd(000885) board of directors April 7, 2022
