On June 20, Zhonghuan Environmental Protection responded to questions on the interactive platform for investors, saying that up to now, seven projects of the company's photovoltaic power generation business have been connected to the grid, and a total of 15 projects have been successfully filed with the local Development and Reform Commission. The absorption rate of the company's photovoltaic power generation is slightly different due to the actual situation of each project, which is about 80% in general. On November 3,
2021, Zhonghuan Environmental Protection invested 50 million yuan to set up a wholly-owned subsidiary, Anhui Zhonghuan Photovoltaic Technology Co., Ltd.
In September 2022, Zhonghuan Environmental Protection publicly stated on the interactive platform of investors that the company's main business is "water treatment + solid waste treatment", in addition, the company also actively lays out photovoltaic business, on the one hand, combining the site advantages and technical reserves of sewage treatment plants and domestic waste incineration power plants, the company's photovoltaic business is also actively distributed. Distributed photovoltaic power generation systems are laid in many factories to save operating costs and improve enterprise efficiency, while actively implementing the dual-carbon action. On the other hand, the Company strengthened market development and investment in mergers and acquisitions, undertook a number of distributed photovoltaic power generation projects, further promoted the diversified layout of photovoltaic power generation, and injected new momentum into the future development of the Company. Up to now, the company's photovoltaic power stations in Tongcheng Qingyuan Sewage Treatment Plant and Yiyuan Environmental Protection Sewage Treatment Plant have been put into use, and many other projects such as Quanjiao, Anqing, Shouxian and Wuhu have been put into construction, and more than ten projects have completed the filing procedures.
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