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Leader Environmental Tech enters into JV with Chinese state-owned enterprise to provide environmental solutions

Felicia Tan
Felicia Tan6/30/2021 11:15 PM GMT+08  • 2 min read
Leader Environmental Tech enters into JV with Chinese state-owned enterprise to provide environmental solutions
The JVC will be incorporated in Shandong Province with a total registered paid-up capital of RMB50 million.
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Leader Environmental Technologies has entered into a joint venture agreement (JVA) with Shandong Shuifa Zhongxing Group to provide environmental solutions, mainly sludge treatment, smart water and energy management to Shandong Shuifa.

Shandong Shuifa is a large state-owned enterprise established in 2008 in China. It has a registered capital of RMB2.3 billion ($478.4 million).

As at 2020, Shandong Shuifa managed total assets of RMB20 billion.

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