China Environmental Technology Holdings Limited Reports Significant Growth in Wastewater Treatment Sector

China Environmental Technology Holdings Limited ( (HK:0646) ) has provided an announcement.

China Environmental Technology Holdings Limited has released a supplemental announcement to its 2024 annual report, highlighting its advancements in wastewater treatment technology. Despite a slowing incremental market in China, the company sees opportunities in equipment renewal and upgrades, supported by national environmental protection requirements. The company’s revenue from wastewater treatment increased by 74.35% in 2024, attributed to a rise in project numbers and scale. The company is also developing new technologies, such as sand loading and magnetic biochemical technology, to maintain its competitive edge and explore new market opportunities.

More about China Environmental Technology Holdings Limited

China Environmental Technology Holdings Limited operates in the environmental technology sector, focusing on wastewater treatment. The company is known for its magnetic coagulation technology and holds over fifty patents in this sub-sector. It collaborates with major domestic water groups and engineering companies, enhancing its market presence and service reputation.

Average Trading Volume: 70,272

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$53.46M

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