Weigang Environmental Technology Holding Group Limited (the “Weigang”, stock code: 1845) successfully listed on the Main Board of Hong Kong Stock Exchange. BOCI is the Sole Sponsor, Sole Global Coordinator, Joint Bookrunner and Joint Lead Manager. The offering size is US$ 35m with the initial offering price of HK$ 0.88.

Weigang is a leading comprehensive hazardous waste incineration turnkey solution provider in China focused on the research, design, integration and commissioning of solid waste treatment systems, particularly for hazardous waste incineration. During the track record period, Weigang had a total of 24 hazardous waste incineration projects covering 24 cities in China with an aggregate designed disposal capacity of approximately 566,000 tonnes per annum. According to industry consultant, Weigang is the largest solution provider in China in 2017 in terms of revenue from centralized hazardous waste incineration solutions and in terms of aggregate designed disposal capacity of centralized hazardous waste incineration projects under construction.

BOCI is the wholly owned subsidiary of Bank of China. BOCI provides clients with a full range of investment banking products and services in both mainland China and overseas capital markets, including share issuance, merger and acquisition, bond issuance, fixed-income, private banking, private equity, global commodities, asset management, equity derivatives, and leveraged and structured financing.