Ad-hoc-News

Insider Information according to Article 17 MAR

 

ZhongDe Waste Technology AG: Significant extraordinary profit in 2016

 

Frankfurt, December 28, 2016 – Following the sale of its subsidiary Chung Hua to the Capital Yield Group Limited in October 2016, ZhongDe Waste Technology AG (“ZhongDe”) today has transferred the equity to the purchaser. According to the agreement the equity transfer was carried out after receiving the payment of 810 million Renminbi (around 111 million Euros) on the accounts of ZhongDe China Environmental Protection Co. Ltd., an operating subsidiary of ZhongDe Waste Technology AG.

 

As a result, already the financial results 2016 of ZhongDe Waste Technology AG will include a significant positive effect from the sale of Chung Hua for a total purchase price of around 120 million Euros.

 

ZhongDe will proceed with the construction of its current EPC projects Dingzhou and Wuhai. Also in the future ZhongDe plans to continue to build EPC projects within the engery-from-waste industry. Furthermore, the company will explore new short-term and long-term business development opportunities.

 

– End of the ad-hoc-release –

 

About ZhongDe Group

ZhongDe Group designs, invests, constructs, finances and operates energy-from-waste plants generating electricity from the incineration of solid municipal and industrial waste. ZhongDe realizes either EPC (Engineering, Procurement and Construction) or BOT (Build, Operate and Transfer) projects, focusing on large-scale plants with waste disposal capacities of around 1,000 tons per day. Since 1996, ZhongDe Group has installed approximately 200 waste incinerators in 13 provinces throughout China. ZhongDe is one of the leading players in the project development and operation of energy-from-waste plants in China.

 

Contact

ZhongDe Waste Technology AG

David Chen
Messeturm 25th floor
Friedrich-Ebert-Anlage 49
60308 Frankfurt
Tel.: +49 (0) 69 50956 5655
Fax: +49 (0) 69 50956 5520
Email: david@zhongdetech.com

Investor Relations

28 December 2016

ZhongDe Waste Technology AG: Significant extraordinary profit in 2016


Details

24 November 2016

ZhongDe Waste Technology AG revises guidance


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14 October 2016

ZhongDe sells all shares in Chung Hua Environment Protection (Holding)
Group Ltd.


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27 September 2016

ZhongDe negotiates on the sale of all shares in Chung Hua Environment Protection (Holding) Group Ltd.


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20 September 2016

Changes in the Supervisory Board


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9 June 2016

CFO William Jiuhua Wang resigns


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13 November 2015

ZhongDe Waste Technology AG: Preliminary nine-months results and adjusted full-year guidance


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14 November 2013

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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14 November 2013

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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28 April 2013

ZhongDe Waste Technology AG: Challenging circumstances adversely affect results 2012


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11 July 2012

Resignation of the chairman of the Supervisory Board as per 30 August 2012


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5 April 2012

Correction of the Publication pursuant to section 26 para. 1 WpHG dated 22 March 2012


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30 March 2012

ZhongDe Waste Technology AG: Delays in completion of energy-from-waste plants lead to net loss for full year 2011


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22 March 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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7 February 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)


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7 February 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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24 November 2011

ZhongDe Waste Technology AG: Further delays in completion process of energy-from-waste plants leads to revision of full year 2011 outlook


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22 August 2011

ZhongDe Waste Technology AG: Preliminary Q2 2011 results better than Q1 2011 but worse than Q2 2010


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15 April 2011
ZhongDe Waste Technology AG: Financial performance 2010 impacted by delay of construction progress of energy-from-waste projects
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31 December 2010
Release of an Ad hoc announcement according to Sec. 15, German Securities Trading Act (WpHG)
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9 December 2009
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)
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16 November 2009
ZhongDe Waste Technology AG: Preliminary figures for the first nine months reflect difficult market environment in small- and medium-size incinerators segment
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7 September 2009
DGAP-Adhoc: ZhongDe Waste Technology AG: Share Buy-Back
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26 August 2009
Decrease of Revenues and Profits of ZhongDe Waste Technology in the first half year 2009
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28 April 2009
Change in Management Board at ZhongDe Waste Technology
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23 January 2009
Ad hoc announcement according to § 15 WpHG of 23 January 2009
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13 June 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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29 April 2008
Ad hoc announcement according to § 15 WpHG of 29 April 2008
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11 March 2008
Ad hoc announcement according to § 15 WpHG of 11 March 2008
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27 February 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - II
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17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - I
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13 July 2007
Veröffentlichung nach § 26 Abs. 1 Wertpapierhandelsgesetz
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5 July 2007
Ad hoc announcement according to § 15 WpHG of 5 July 2007
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28 June 2007
Ad hoc announcement according to § 15 WpHG of 28 June 2007
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