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Public company info - ZONQING Environmental Limited , 01855.HK

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ZONQING Environmental Limited, 01855.HK - Company Profile
Chairman Liu Haitao
Share Issued (share) 275,000,000
Par Currency Hong Kong Dollar
Par Value 0.001
Industry Construction & Decoration
Corporate Profile Business Summary: The Group is principally engaged in landscaping, ecological restoration and other related projects. Performance for the year: Revenue of the Group increased by 11.6% or RMB103.9 million from RMB897.5 million for last year to RMB1,001.4 million for the Year. Business Review During the Year, the annual revenue of the Group was approximately RMB1,001.4 million, representing an increase of approximately 11.6% over last year. The revenue was mainly generated from: i) landscaping, ii) ecological restoration and iii) others, and accounted for 62.0%, 30.2% and 7.7%, respectively. During the Year, the Group is of the view that the submission of tenders allows us to keep our presence in the market and keep us abreast of latest market requirements, which benefits us in preparing for similar tenders in the future. In the Year, we submitted over 180 tenders, and we recorded tender success rate of 28.7%. The Group has successively won several large-scale projects, such as Contracting Project for Changchun New District Beihu Cultural and Tourism Industry Integration and Upgrade (Phase I) — Main Contracting Project for Tourism Infrastructure Reconstruction and Upgrade (Bid I) (長春新區北湖文旅產業融合提升一期工程建設項目 — 旅遊基礎設施改造提升工程總承包 (一標) 工程) with a bid price of approximately RMB464.0 million and Ecological Management and Restoration Project for West Lake Area (Phase II) (Main Contracting Project) (西湖區域生態環境治理工程 (二期) (工程總承包) 工程) with a bid price of approximately RMB250.0 million. The number of winning bids and the total bid price in the Year has increased from 22 and approximately RMB593.6 million respectively in last year to that of 53 and approximately RMB1,539.2 million respectively in the Year. During the Year, the Group has achieved initial success in national business layout and expansion, and successively won Xiong’an Commercial Service Center Landscape Engineering Project (雄安商務服務中心項目景觀工程項目) with a bid price of approximately RMB93.2 million, Binjiang Road Shenhai Expressway to Nanhui Expressway Environmental Renovation Project (濱江路沈海高速至南惠高速段環境整治工程項目) in Fujian Province with a bid price of approximately RMB74.6 million and Ecological Parking Lot Engineering Geological Prospecting Service Project 2020 for Bishan District (璧山區2020年生態停車場工程地勘服務項目) in Chongqing with a bid price of approximately RMB0.6 million, which showed a broader bidding area. During the Year, the Group’s Main Contracting Project of Nanxi Water Culture Ecological Park as part of the Ecological Treatment Project of Yitu Ula River Range in Changchun City (長春市百里伊通河水系生態治理工程 — 南溪水文化園生態園工程總承包) has won the National Quality Engineering Award (國家優質工程獎); the Engineering Design Project of Nanxi Water Culture Ecological Park in Changchun City (長春市南溪水文化生態園工程設計項目) has won the National Award of Landscape Engineering of the Science and Technology Awards by the Chinese Society of Landscape Architecture (國家級中國風景園林學會科學技術獎); and the Main Contracting Project of Dongxinkai River Range (Hekou Park and Yangpu Park) as part of the Ecological Management and Restoration Project for Yitu Ula River Range in Changchun City (長春市百里伊通河水系生態治理工程 — 東新開河流域項目工程總承包 (河口公園、洋浦公園)專案) has won the Provincial Outstanding Project Prize of Construction Engineering in Jilin Province (吉林省建築工程省優質工程獎). Prospects: Currently, international economies are adversely affected by the novel coronavirus (“COVID-19”) outbreak, there are uncertainties in business and economic development, and the global economies are facing downside risk. In 2020, the domestic economy and even the global economy were universally impacted by COVID-19 pandemic. Although vaccination of COVID-19 vaccine has gradually started, some countries were still in the epidemic situation, and there are still uncertainties in the international economic situation. Up to now, the domestic COVID-19 pandemic has been under control, and economic activities have gradually returned to normal. In the year of the epidemic, the Group was able to achieve steady progress in its performance, which confirmed the Group’s stable operation, management capability and its ability to cope with similar events in the event of the pandemic. The Group will continue to operate steadily and constantly improve its risk management level. In 2021, the Group will adhere to its corporate mission of “Greening China to share the future (綠美中國、共享未來)” and its corporate values of “Integrity, Responsibility, Efficiency, Innovation, Openness and Win-win (誠信、責任、高效、創新、開放、共嬴)” to keep up with the latest market trend, so as to strive for higher tender success rate and the value of winning bids. The Group expects to further expand the Group’s technological development in the field of environmental protection and ecological governance through technological innovation, and lay a good foundation for continued expansion of the business in the field of ecological governance in the future; adhere to the go-global strategy to improve the strategic placement in the national market and thus enhance the corporate profitability. The Group will also strengthen the safety awareness and requirement and continue to provide training to personnel for the enterprises. In the coming year, the Group will strive for better operating performance and continue to enhance the Group’s corporate value.

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