About NU ENVIRO Company

Xinyu International Industrial (Group) Limited (“Xinyu International”) has been a listed company on the Hong Kong GEM since 2000 (stock code: 8068). Since 1996, Xinyu International has established a production and development base for injection precision molds in Hong Kong, China under the brand “Huike”. Having accumulated many years of experience in manufacturing molds and producing flawless plastic products, Xinyu International has always known the importance of environmental protection management in the production process. In 2006, Xinyu International began diversified business development and plans to invest in environmental protection and recycling businesses. In October 2007, Xinyu International acquired absolute control and management rights in three environmentally friendly solid waste disposal centers, led by Zhenjiang Xinyu Solid Waste Disposal Co., Ltd., located in Zhenjiang City, Yancheng City and Taizhou City, Jiangsu Province. The three wholly foreign-owned enterprises currently have a total registered capital of 12.25 million US dollars. Since 2003, they have been engaged in environmental protection disposal of industrial and medical hazardous solid waste and comprehensive R&D resources in Jiangsu Province. The total land area owned by the three environmental protection companies is 44,964 square meters (68 acres in total), equipped with plants, incineration equipment, and joint hazardous waste landfill facilities. In August 2008, Xinyu International acquired 38% of the investment interest in an environmentally friendly electroplating zone project under development in Zhenjiang, mainland China. The project is named after Zhenjiang Huake Ecological Electroplating Technology Development Co., Ltd. The company was founded in September 2007. Currently, it has paid a registered capital of 31 million US dollars and has an electroplating professional industrial park with a land area of 182,000 square meters (about 270 acres). In February 2011, the Group increased its interest in the environmentally friendly electroplating specialty area to 98%. As of October 2015, the Group has wholly owned 100% of the capital interest in this environmentally friendly electroplating specialty area. The industrial park currently has an electroplating sewage treatment system, a sludge treatment plant, a five-story complex and 22 three-story independent plants, with a total floor area of over 106,000 square meters. Currently, about 50 professional electroplating manufacturers operate in professional parks and are engaged in electroplating production in accordance with national environmental regulations. Production sewage discharge is treated centrally through the park system to purify and drain the water. In July 2011, Xinyu International established a subsidiary company, Xiangshui Xinyu Environmental Technology Co., Ltd., in Xiangshui County, Yancheng City. In August 2013, Xiangshui Xinyu became a Sino-foreign joint venture, and Xinyu International holds 65% of the shares in this project. The subsidiary currently has a paid-up registered capital of HK$50.75 million and specializes in the incineration and disposal of industrial solid waste. In June 2012, Xinyu International established a Sino-foreign joint venture with a local company in Yancheng Dafeng, Yancheng Xinyu Huifeng Environmental Protection Technology Co., Ltd., and in August 2013, Xinyu International increased its equity in the project to 65%. The project has now paid a registered capital of HK$66 million. It specializes in the incineration and disposal of industrial solid waste and medical waste, and has set up its own hazardous waste landfill. In June 2015, Xinyu International began investing in the construction of a new hazardous waste disposal center in the Suqian Ecological Chemical Technology Industrial Park in Jiangsu Province to meet the industrial waste disposal and emission reduction needs of hazardous industrial waste generation enterprises in Jiangsu Province and outside of northern Jiangsu. Since October 2007, Xinyu International has held 28.67%, 24.5% and 18.62% of the investment interests of Qingdao Zhongxin Xinhuamei Plastics Co., Ltd., Danyang Xinhuamei Plastics Co., Ltd., and Suzhou Xinhuamei Plastics Co., Ltd., respectively. These three companies are Sino-foreign joint ventures, mainly engaged in rubber dyeing business for large domestic plastic product production customers. These investments provide the Group with stable dividend income every year. Xinyu International's environmental protection business and customers span all regions of Jiangsu Province. Currently, it serves more than 1,500 manufacturers in Jiangsu Province. It is the most trustworthy partner for hazardous industrial waste generation enterprises. It also collects and disposes of infectious medical hazardous waste by more than 700 large and small medical institutions in Zhenjiang, Taizhou, and Yancheng districts of Jiangsu Province to help stop the virus from invading society and serve the people faithfully. Xinyu International Group strives to strive for excellence, exceed shareholders' expectations, optimize the overall strength of the enterprise, establish environmental beliefs, and prevent environmental pollution from hazardous waste.