Raising capital to build three environmental protection projects Teda shares want to expand business area

Teda shares today announced that the company intends to raise 1.25 billion yuan to build Yangzhou, Dalian and Tianjin through directional additional methods 3 environmental projects.　　After the completion of the project, the operation of the project area will be from Tianjin City, Shandong province to expand to Liaoning and Jiangsu. The company intends to 6.89 yuan/share for the release of the reserve price, including the holding shareholder in Tianjin Teda Group, including not more than 10 specific objects, the directional issue of not more than 166.9 million shares of the company's shares, the increase in the amount of financing not more than 1.15 billion yuan, respectively, investment 329 million yuan,　　408 million yuan and 413 million yuan for the construction of Yangzhou Teda Environmental Protection Co., Ltd., Dalian Teda Environmental Protection Co., Ltd. and Tianjin Tai Huan Renewable Resources Utilization Co., Ltd. According to the data, the amount of waste daily disposal amounted to 1000 tons, 1500 tons and 1000 tons, respectively, 128.62 million degrees, 166.73 million degrees and 128.62 million degrees of annual waste heat generation, of which the online sales were 100.33 million degrees, 146.65 million degrees and 100.8 million degrees respectively,　　The project construction period is 24 months. The company said that after the launch of the project, the company's municipal solid waste disposal capacity (incineration and landfill) will be significantly increased from the current 2733 tons/day to 6233 tons/day, Annual output from the current 136 million degrees to 560 million degrees, the number of operations from the current 5 to 8, the operation of the project area from Tianjin, Shandong to expand to Liaoning, Jiangsu, the initial formation of the industry's national layout, environmental protection industry will become the company has a stable income pillar business.