On September 18, the joint venture withHebei Huierxin New Materials Co., Ltd.in which the company is aninitiator, won the bid forHousehold Waste Incineration andPower Generation Project, Ningjin County.

TheHousehold Waste Incineration andPower Generation Project, Ningjin County, with daily waste treatment capacity of 2000t, was constructed in two phases. Phase I has daily waste treatment capacity of 1000t from the incineration line of 2 units of installedmechanical grateincinerators withtreatment capacity of500t/d + 1 unit of25MW condensing steam turbine generator set.TheProject has aconcession period of 30 years.