Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, April 27 2021 - 19:37
AsiaNet
Xinhua Silk Road: China's WELLE Group expects new development in wet garbage treatment
BEIJING, April 27, 2021 /PRNewswire-AsiaNet/ --

As more efforts are being made on waste sorting in China, WELLE Group, one of 
China's leading enterprises in the field of wet garbage treatment, has achieved 
an outstanding sales performance in 2020 with revenue up 17.29 percent year on 
year and cash flow from operating activities exceeding 363 million yuan.

WELLE Group, as a GEM listed company with more than 2000 employees, has engaged 
in various areas such as landfill leachate treatment, wet garbage treatment, 
biogas and bio-natural gas, industrial energy conservation and VOCs treatment 
business, etc.

In the future, WELLE Group will continue to consolidate its main business of 
wet garbage treatment, and strengthen technology research and development to 
increase economic benefits, said Li Yao, vice president of the company, during 
the IE EXPO CHINA 2021 ended last Thursday.

WELLE Group will continue optimism about the huge opportunities brought by 
nationwide promotion of waste sorting. With the gradual implementation of waste 
sorting policies in more cities in China, the market potential will continue to 
be released, Li said.

With more and more large-scale investment projects launched, WELLE Group has 
developed strategic cooperation with many state-owned enterprises to better 
combine the advantages of both sides. In the past two years, the company has 
signed strategic cooperation framework agreements with SDIC Ecology and 
Changzhou Hi-tech Group, Li introduced.

At the same time, WELLE Group will vigorously make research on how to deepen 
the resource utilization of wet garbage and how to better integrate it with 
agriculture, so as to improve the economic benefits of the project in small 
towns and rural areas with the economics of the project as one of the important 
considerations.

In addition, digital transformation is also one of the company's priorities of 
development. WELLE Group actively promotes the establishment of its own data 
center, big data cloud platform, and intelligent system.

As the intensity of law enforcement increases, environmental protection 
requirements for enterprises have become stricter. WELLE's rich experience in 
the treatment of landfill leachate can be transferred into the industrial water 
treatment industry with a lower cost, which will be attractive to customers. In 
the future, the industrial sector may become a strong support for the company's 
profit growth, Li added.

See the original link: https://en.imsilkroad.com/p/321173.html

SOURCE: Xinhua Silk Road

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=390095

   Caption: Photo shows the booths of WELLE Group during the IE EXPO CHINA 2021 
held in China's Shanghai from April 20 to 22.

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