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The latest announcement is out from Shenghui Cleanness Group Holdings Limited ( (HK:2521) ).
Shenghui Cleanness Group Holdings Limited has announced the development of the Baishi Shenghui Recycling Economy Industrial Demo Park in Panyu, Guangdong province. This initiative aims to showcase a complete recycling process, transforming waste materials into eco-friendly products with low carbon emissions. The demo park will feature a solar-powered production line and is expected to be fully operational by the second half of 2025. This development aligns with the company’s strategy to enhance its presence in the ESG sector and strengthen its waste recycling business, potentially impacting the industry by promoting sustainable practices and offering a model for nationwide adoption.
More about Shenghui Cleanness Group Holdings Limited
Shenghui Cleanness Group Holdings Limited, incorporated in the Cayman Islands, operates within the cleaning and maintenance services industry. The company focuses on waste recycling, utilizing collected waste materials from its operations to produce environmentally friendly products such as pulp, paper cartons, and organic fertilizers. It collaborates with Best Technology (Shenzhen) Inc., a strategic partner specializing in recycling waste materials for manufacturing biodegradable and packaging materials.
YTD Price Performance: -15.28%
Average Trading Volume: 934,870
Technical Sentiment Consensus Rating: Strong Buy
For an in-depth examination of 2521 stock, go to TipRanks’ Stock Analysis page.