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Public company info - Beijing Enterprises Urban Resources Group Limited , 03718.HK
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Beijing Enterprises Urban Resources Group Limited, 03718.HK - Company Profile
Chairman Zhou Min
Share Issued (share) 3,600,000,000
Par Currency Hong Kong Dollar
Par Value 0.1
Industry Environmental Goods
Corporate Profile Business Summary: The group is provision of environmental hygiene services,provision of hazardous waste treatment services,provision of waste electrical, electronic equipment treatment services and sale of dismantled products. Performance for the year: The Group recorded a revenue of HK$2,711.2 million, representing an increase of 45.6% as compared with that of HK$1,862.6 million in last year. Profit for the year from continuing operations attributable to shareholders of the Company increased by 75.8% to HK$269.6 million for the year ended 31 December 2019 as compared to HK$153.4 million for last year. Profit for the year from continuing operations attributable to shareholders of the Company, which excluded listing expenses, increased by 79.2% to HK$292.4 million for the year ended 31 December 2019 as compared to HK$163.2 million for last year. Basic and diluted earnings per share for profit from continuing operations for the year ended 31 December 2019 were HK9.99 cents. Business Review： 2019 was a year of rapid development for environmental protection industry in China. The State Council promulgated the “Opinion on Comprehensively Strengthening Ecological Environmental Protection and Resolutely Winning the War on Pollution”. The range of ecological environmental protection policy was unprecedentedly strengthened and the central and monitor on environment was further tightened, thereby the development policy of environmental protection industry became further optimised and ushering into a new era of ecological civilization construction and environmental protection, opening up unprecedented opportunities and providing a boundless blue ocean market to the environmental protection enterprises. 2019 was the year for the Group to enhance its standard and promote efficient development. During the year, the Group fully utilized the Group’s own advantages to promote the strength of market expansion and expedite the development of the Group’s business chains. Moreover, the Group optimised the internal management and control system and enhanced the standard of refined management, thereby greatly increasing the operation capacity and efficiency level. In the aspect of environmental hygiene business, the Group emphasized on increasing the Group’s effort on promoting urban environmental hygiene projects at large-scale and medium to large-sized cities in a bid to drive the deployment of the Group’s industrial layout across the country. As at 31 December 2019, the Group had a total of 97 environmental hygiene projects with a total contracted area of approximately 150,336,000 sq.m.. Meanwhile, adhering to the digitalized development concept of “creation of a smart future”, the Group progressively implemented smart operation to construct a data management and control platform to enhance operational, management and control capacities. In terms of hazardous waste treatment business, the Group focused on strengthening the technological upgrade and transformation of existing projects and optimize construction cycle of projects under construction and projects planned. As at 31 December 2019, there were a total of 6 projects in operation, 2 projects in trial operation and 5 projects under construction. The Group’s projects that engaged in hazard-free waste disposal had a total designed treatment capacity of 370,396 tons per annum. The projects engaged in recycling and reuse had a total designed treatment capacity of 250,000 tons per annum. Meanwhile, the Group gave priority to technology development and strengthened the effort in technological breakthrough, set up the technology management standard system (TMSS) and optimized technology management process in a bid to enhance operational efficiency. Moreover, the Group accelerated the progress of establishing the ERP system and progressively promoted effective integrated management of data, thereby providing support for scientific decisionmaking. Prospects: In 2020, the Group will strive to excel in the following focus areas: Enhancement of the regulated governance standard. The Group aim for regulated operation at high efficiency by attaching great importance to ESG management, optimizing the Company’s governance system, focusing on mitigation of all types of risks and fulfilling responsibilities regarding safety and environmental protection as well as social responsibilities in order to improve the quality of the Group’s regulated operation. Speeding up industry deployment across China. The Group strive to seize the market while ensuring that premium projects are obtained to expand the Group’s scale and lay the foundation for future developments. Through accelerating in the deployment in major industrial provinces, provincial capitals and rapid economic development regions and increasing the Company’s market share continuously, the Group aim to take initiative in future development. Enhancement of capabilities in intelligence management and control. In the future, intelligence and digitalization will be the unstoppable trend for development, the Group will increase its pace in developing and constructing an information system and build an integrated information management and control platform to further enhance the standard of intelligence management and control. As for the environmental hygiene business, the Company aim to upgrade and reform the intelligence environmental hygiene project that have completed construction by adopting technologies such as 5G, automation and big data in order to optimize resources allocation of labor and vehicles. As for the hazardous waste treatment business, leveraging on the industrial internet-of-things as the foundation and the industrial big data as the engine, the Group aim to realize automation and lean production process through big data analysis. Consolidation of the organization system and human resources building. By optimizing the organization system, strengthening of team development, the Group aim to enable talents to play key roles and nurture the Group’s power in development. At the same time, through strengthening of training and optimizing of the development of talent echelon, the Group strive to improve the quality of employees, encourage talent development so as to construct a sound foundation of talents for the Group’s effective development.

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