CDT Environmental Technology Investment Holdings Limited Announces New Wastewater Treatment Services Contract Valued at Approximately $11.7 Million
April 24 2024 - 8:30AM
CDT Environmental Technology Investment Holdings Limited (NASDAQ:
CDTG) (“CDT”), a leading provider of waste treatment systems and
services throughout China, has been awarded a contract valued at
RMB 85 million (approximately $11.7 million). Initial design and
engineering work is underway with CDT and its partner, and the
project is scheduled to be completed by the end of 2025.
Under the terms of the contract, CDT will develop a
state-of-the-art water treatment project covering 11 towns in the
Jianyang District of Nanping City, China. The project is designed
to manage domestic sewage, curb pollution, and support rural
environment improvements throughout the province. Main sewage
pipelines and connecting infrastructure focused on improving rural
wastewater treatment in the Jianyang District of Nanping City,
China, will be built and maintained in collaboration with a leading
Chinese engineering and construction firm.
This collaboration is representative of CDT’s commitment to
sustainable development through innovative solutions. CDT considers
the contract a significant breakthrough in its wastewater treatment
practice and believes it exemplifies the joint commitment of both
CDT and its partner to promoting environmental development
throughout its markets in China.
“We believe this collaboration marks a significant milestone in
our journey to further establish ourselves as ideal partners in the
buildout of environmentally-responsible and sustainable
infrastructure in the markets we operate,” remarked Yunwu Li, Chief
Executive Officer of CDT. “We are committed to leveraging
innovative solutions to address pressing environmental challenges,
and we anticipate this collaboration will unlock new development
opportunities and help drive sustainable practices.”
About CDT Environmental Technology Investment Holdings
Limited
CDT, headquartered in Shenzhen, China, is a leading national
player in China's waste treatment sector that designs, develops,
manufactures, sells, installs, operates and maintains sewage
treatment systems and provides sewage treatment services in China,
and is dedicated to promoting sustainable development through
innovative solutions. Founded by pioneers in waste treatment, CDT
aims to advance next-generation technologies that directly address
environmental challenges and promote sustainable solutions. CDT is
a recognized brand in China and is committed to innovation and
customer satisfaction.
CDT’s mission is to help its customers achieve their critical
infrastructure objectives while enabling positive change in
technological environmental protection. It collaborates with
industry leaders, environmental experts, and stakeholders to
develop and implement advanced waste treatment solutions. Recently
listed on the Nasdaq Capital Market, CDT is a prominent player in
the waste treatment market, capable of providing comprehensive
solutions to diverse customer needs, and has completed more than
150 plants across China.
For more information, visit CDT’s website at
https://www.cdthb.cn.
Forward Looking Statements
This press release contains forward-looking statements that are
based on the beliefs and assumptions of the management of CDT and
on information currently available to such management. These
forward-looking statements are subject to numerous risks and
uncertainties, many of which are beyond CDT’s control. Words such
as “will,” “future,” “expects,” “believes,” and “intends,” or
similar expressions, are intended to identify forward-looking
statements. All statements, other than statements of
historical fact, contained in this press release, including
statements regarding future events, future financial performance,
business strategy and plans, and objectives of CDT for future
operations, are forward-looking statements. Although CDT does not
make forward-looking statements unless it believes it has a
reasonable basis for doing so, CDT cannot guarantee their accuracy.
These statements are only predictions and involve known and unknown
risks, uncertainties and other factors, which may cause the actual
results, levels of activity, performance or achievements of CDT and
its markets to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. You should not place
undue reliance on any forward-looking statement. CDT undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required by applicable law.
Investor and Media Contact
United States
Core IRPeter Seltzberg, SVP Investor Relations and Corporate
Advisoryinvestors@cdthb.cn212-655-0924www.CoreIR.com
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