Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Beijing Enterprises Urban Resources Group Limited    3718   KYG0958F1019

BEIJING ENTERPRISES URBAN RESOURCES GROUP LIMITED

(3718)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Beijing Enterprises Urban Resources : VOLUNTARY ANNOUNCEMENT - SUCCESSFUL TENDER

04/08/2021 | 07:56am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Beijing Enterprises Urban Resources Group Limited

北控城市資源集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3718)

VOLUNTARY ANNOUNCEMENT

SUCCESSFUL TENDER

This announcement is made by Beijing Enterprises Urban Resources Group Limited (the "Company", and together with its subsidiaries, the "Group") on a voluntary basis to keep the shareholders and potential investors of the Company informed of the latest business development of the Group.

The board of directors of the Company (the "Board") is pleased to announce that Beijing Enterprises Urban Environmental Services Group Limited ("BE Urban Environmental Services PRC"), a wholly-owned subsidiary of the Company, has successfully won the bid (the "Tender") recently for a project, the Nanxiong City (Second Batch) Ten Villages and Towns Sanitation Service Marketization Entrusted Operation Project* ( 南雄市(第二批)十鎮環衛 服務市場化委托運營項目) in Nanxiong City, Guangdong Province, through a tendering process by the relevant local authority in the People's Republic of China (the "PRC"). The summary of the Tender is set out below:

Estimated

Estimated

Date of

total contract

annual

Contract

Successful

publication of

value

revenue

period

tenderer

the tender

Name of the project

(RMB million)

(RMB million)

(years)

BE Urban

8 April 2021

Nanxiong City (Second Batch)

45.85

15.28

3

Environmental

Ten Villages and Towns

Services PRC

Sanitation Service Marketization

Entrusted Operation Project*

南雄市(第二批)十鎮環衛服務

市場化委托運營項目

- 1 -

The Group is principally engaged in the provision of environmental hygiene services and hazardous waste treatment services. BE Urban Environmental Services PRC is a company established under the laws of the PRC and is principally engaged in the provision of environment hygiene services.

Under the Tender, the scope of services to be provided by BE Urban Environmental Services PRC includes but not limited to the provision of environmental sanitation, collection and transportation of domestic waste within the designated area of ten villages and towns of Nanxiong City, Guangdong Province, the PRC.

The Board wishes to state that the Group obtained the result of the Tender from the relevant platform of the local authority in the PRC and has yet to enter into any formal contract in relation to the Tender. The actual contract value and total revenue may be different to those stated in this announcement as a result of any unexpected changes in the market environment and other conditions. No forecast or prediction of the profits of the Group has been made with regard to the Tender in this announcement.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Beijing Enterprises Urban Resources Group Limited

Zhao Kexi

Executive Director and Chief Executive Officer

Hong Kong, 8 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. Zhao Kexi (Chief Executive Officer), Mr. Zhang Hailin and Mr. Huang Zhiwan; the non-executive directors of the Company are Mr. Zhou Min (Chairman), Mr. Li Haifeng and Mr. Li Li; and the independent non-executive directors of the Company are Mr. Orr Ka Yeung, Kevin, Mr. Wu Tak Kong and Dr. Du Huanzheng.

  • for identification purpose only

- 2 -

Disclaimer

Beijing Enterprises Urban Resources Group Ltd. published this content on 08 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2021 11:55:07 UTC.


ę Publicnow 2021
All news about BEIJING ENTERPRISES URBAN RESOURCES GROUP LIMITED
04/09BEIJING ENTERPRISES URBAN RESOURCESá : Unit Bags $7 Million Environmental Sanita..
MT
04/08BEIJING ENTERPRISES URBAN RESOURCESá : Voluntary announcement - successful tende..
PU
03/26BEIJING ENTERPRISES URBAN RESOURCESá : Announcement of final results for the yea..
PU
02/11BEIJING ENTERPRISES URBAN RESOURCESá : Unit Bags Nearly $5 Million Greenbelt Mai..
MT
02/03BEIJING ENTERPRISES URBAN RESOURCESá : Expects Jump in 2020 Profit, Revenue; Sha..
MT
2020BEIJING ENTERPRISES URBAN RESOURCESá : Unit Bags $13 Million Sanitation Project ..
MT
2020BEIJING ENTERPRISES URBAN RESOURCESá : 2020 Interim Report
PU
2020BEIJING ENTERPRISES URBAN RESOURCESá : Voluntary announcement - successful tende..
PU
2020BEIJING ENTERPRISES URBAN RESOURCESá : Voluntary announcement - placing of exist..
PU
More news
Financials
Sales 2020 3 545 M 456 M 456 M
Net income 2020 480 M 61,7 M 61,7 M
Net Debt 2020 - - -
P/E ratio 2020 9,67x
Yield 2020 -
Capitalization 4 428 M 569 M 569 M
Capi. / Sales 2020 1,25x
Capi. / Sales 2021 0,96x
Nbr of Employees 39 406
Free-Float 44,2%
Chart BEIJING ENTERPRISES URBAN RESOURCES GROUP LIMITED
Duration : Period :
Beijing Enterprises Urban Resources Group Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BEIJING ENTERPRISES URBAN RESOURCES GROUP LIMITED
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Average target price 2,10 HKD
Last Close Price 1,23 HKD
Spread / Highest target 121%
Spread / Average Target 70,5%
Spread / Lowest Target 43,9%
EPS Revisions
Managers and Directors
NameTitle
Kexi Zhao President, CEO & Executive Director
Che Wai Fung Chief Financial Officer & Secretary
Min Zhou Chairman
Ka Yeung Orr Independent Non-Executive Director
Tak Kong Wu Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
BEIJING ENTERPRISES URBAN RESOURCES GROUP LIMITED-44.59%569
WASTE CONNECTIONS, INC.11.62%30 045
SUEZ13.69%14 006
GFL ENVIRONMENTAL INC.22.85%11 848
CHINA CONCH VENTURE HOLDINGS LIMITED-1.33%8 631
STERICYCLE, INC.-2.12%6 217