On the evening of August 30, 2021, Conch Venture announced its unaudited operating results for the six months ended June 30, 2021.
Under the severe domestic and foreign epidemic prevention and control forms and the complex and changeable international economic environment, the company focused on the main business of environmental protection, achieved rapid growth of the environmental protection industry, and achieved good operating results. In order to better communicate with investors in depth, on the morning of August 31, Conch Ventures held the 2021 interim results conference in the conference room 533 of Wuhu Conch International Conference Center in the form of a conference call. Chairman Guo Jingbin, Executive Director and General Manager Ji Qinying, Deputy General Manager and Secretary of the Board of Directors Shu Mao, and Chief Financial Officer Chen Xingqiang attended the meeting, and the heads of relevant departments of the company attended the meeting as non-voting delegates.
First of all, General Manager Ji Qinying introduced to investors the company's operating performance, project development and operation in the first half of 2021, and the company's future prospects.
After entering the Q&A session, investors focused on key issues such as the volume and price trend of solid and hazardous waste disposal business, inter-provincial transportation policies, capacity utilization, the impact of waste-to-energy business tariff subsidy policies, and future capital expenditure plans. The management of the company answered in detail one by one.
Chairman Guo Jingbin extended a warm welcome to the analysts and investors who participated in the conference, and expressed sincere gratitude to everyone for their long-term attention and support to the company's development.
He said that since its listing, the company has been deeply involved in the environmental protection industry, seized strategic development opportunities, and quickly realized the project layout. At present, it has promoted a total of 168 environmental protection projects in 25 provinces (municipalities), autonomous regions and overseas Vietnam, Sri Lanka and other places. It has formed a solid waste and hazardous waste disposal scale of 9.67 million tons per year, and a garbage disposal scale of 13.17 million tons per year. In addition, the company has made concerted efforts in industry influence, technological innovation, social responsibility, sustainable development, etc., and has been highly recognized by all sectors of society, and its corporate image has been further improved.
He emphasized that the company will closely follow national policy trends, seize market opportunities, continue to focus on the two-wheel drive of the two major environmental protection businesses, actively carry out research on dual-carbon technology routes, and do a good job in sludge drying and lithium battery resource utilization. The research and promotion of new technologies will further expand the business layout.
He pointed out that since listing for more than eight years, the company has always put returns to shareholders in the first place. It not only repays shareholders' trust with stable growth performance, but also takes maximum shareholder value as its supreme purpose. Looking forward to the future, the company will make a new round of development planning, comprehensively build a world-leading large-scale comprehensive environmental protection enterprise group with sustainable development capabilities and core competitiveness, and create more value for shareholders.
