China Conch Venture : 2024 Interim Results Presentation
August 27, 2024 at 10:10 pm EDT
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Unit:million
Unit:million
Unit:%
Unit:million
2024H
81,902
2024H
48,505
2024H
40.8%
2024H
939
2023
80,460
2023
47,752
2023
40.7%
2023H
936
4
Unit:million
2024H
3,135
2024H
36.71%
2023H
4,438
2023H
26.61%
2024H
1,176
2024H
475
2023H
1,818
2023H
549
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Garbage disposal 81.7% (2,560)
Unit:million
Energy-saving
equipment
10.6%(333)
Port logistics
2.8%(89)
New
building
materials Garbage 1.5%(47) disposal
93.2%
(442)
New energy
materials
3.4%(106)
Unit:million
Energy-saving
equipment
3.1%
(15)
Port
logistics
6.9%
(33)
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In the first half of the year, the company put five garbage power generation projects into operation, and the Beining project in Vietnam was officially put into operation, and two domestic garbage power generation general contracting projects in Thailand were successfully won. By the end of the reporting period, the contracted scale was 58,000 tonnes/day, and the production scale was 48,000 tonnes/day.
The company is speeding up the cultivation of recycling industry. By summing up the experience of the project, it continues to promote the technical transformation measures, further optimize and improve the process technology, and enhance the competitiveness of products.
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During the reporting period, the company optimized a number of operational economic indicators according to the differences in garbage characteristics and geographical location of various garbage power generation projects, achieving an average of 326 kWh per tonne of on-grid electricity. Eight new units, including Baoshan in Yunnan, Lujiang in Anhui and Xianyang in Shaanxi, entered the "365 Club" for continuous operation. The continuous running time of Yunnan Luoping project refreshes the record of project running time.
Unit:day
33 projects
30 billion kwh
29 projects
25.7 billion kwh
440 440 454 471
540 584
657
Gross generation of electricity
The monomer operation rate is over 98%
2023H 2024H
B A O S A H N D E H O N G L U J I A N G S H U A N G F E N G F U Q U A N S U I Y A N G L U O P I N G
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116,000 tonnes of steam were sold in 15 projects, an increase of 104,000 tonnes year-on-year, with the highest price of
300 yuan/tonne.
29 projects have achieved 79,000 tonnes of sludge and distiller's grains.
16 projects have achieved cooperative disposal of 27,000 tonnes of foreign leachate sewage.
In 15 projects, 90,000 tonnes of kitchen waste were disposed of and 1,475 tonnes of grease were sold.
Two projects have completed the price incre a s e wo r k , a n d th e o th e r 30 projects are carrying out the price adjustment work.
Seven projects completed 114,000 green card transactions.
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China Conch Venture Holdings Ltd. published this content on
28 August 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
August 28,
2024 at
02:09:01 UTC.
China Conch Venture Holdings Ltd is a company mainly engaged in the waste disposal business. The Company operates five segments. Waste-to-energy Projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mill and related after-sales services. Port Logistics Services segment mainly engages in cargo handling, trans-shipment and warehousing services. New Building Materials segment mainly engages in alternative wall building materials, such as the cellulose fiber cement sheets, autoclaved boards and wood wool cement boards. New Energy segment mainly engages in lithium iron phosphate cathode and anode materials, and recycling business. Investments segment comprises investments in Anhui Conch Holdings Co., Ltd.