Holding shareholder sign 5 billion yuan investment big single

Sound Environment (000826) 25th The announcement said, the company receives the holding shareholder Beijing Sound Environmental Protection Group Limited Notice, the Mulberry Group on December 24 and Hunan province Xiangtan People's government signed "Hunan Vein Garden Project Investment Cooperation Agreement", the project investment about 5 billion yuan, the construction occupies about 3000 acres of environmental protection industrial Park.　　The group intends to invite the sand environment to participate in the investment, construction and operation of the project. Investment projects include: Chang-tan solid Waste treatment center, renewable materials and remanufacturing products production, processing, trading center, recycling and Economic Enterprise Incubation Center, environmental protection and recycling economy technology research and Development Center, circular economy and "two-type Society" demonstration base, environmental education training base.　　The project will be divided into two phases, the first phase will be completed within three years, the second phase can be completed within five years, after the completion of the project will become the Chang-Zhu-tan "two-type society" construction of the comprehensive utilization of resources demonstration project. The announcement said that the group intends to invite sand environment to participate in the "Hunan Vein Garden Project" Investment, construction, development and operation. Participating in the project will have a positive effect on expanding the market scale of the company's environmental protection business. Due to the large scale of the project, long investment cycle, investment issues involved in specific details more, the current Mulberry Group and sound Environment specific cooperation has not been determined, sound environment in the future "Hunan Vein Garden Project" can be obtained in the market share and proportion to be determined.