JD Capital-invested Herrel Listed on NEEQ
Recently, JD Capital-invested Herrel Environmental Protection Industrial Co,. Ltd. (833896) was officially listed on the National Equities and Exchange Quotations (NEEQ).
Since its founding in 1999, Herrel has been devoted to providing safe, steady and economical domestic waste treatment services for the society, especially medium and small cities in China, through developing integrated utilization of key resources, energy conservation and reduction, as well as circular economy. By making good use of its own advantages, adopting competitive differentiation strategies, and employing various franchise business modes of Build-Operate-Transfer (BOT), Transfer-Operate-Transfer (TOT) and Build-Own-Operate (BOO), Herrel has provided plenty of customized comprehensive solutions for medium and small cities in China to treat domestic waste. Besides, it has also offered services to invest, build and operate integrated and professional waste treatment facilities.
In recent years, large cities are attaching more importance to domestic waste treatment. The harmless treatment rate of domestic wastes in China rose from 52.1% in 2004 to 89.3% in 2013, which means that the ability of harmless treatment has been promoted greatly. But there is still a huge gap between China and the developed countries whose harmless treatment rate reaches almost 100%. However, it also suggests China has large room to develop in terms of harmless treatment technologies, especially in medium and small cities in mid-west China where there are huge market demands.
As of now, 42 of JD Capital-invested companies have got listed on the NEEQ