China Tianying(SZ:000035) Quan Jing Wang·2025-03-25 14:04Core Viewpoint - The collaboration between Vietnam's Ha Giang Province and China's Tianying Company marks a significant step in renewable energy and environmental projects, enhancing Sino-Vietnamese economic cooperation under the Belt and Road Initiative and Vietnam's "Two Corridors and One Circle" strategy [1][2]. Group 1 - The investment promotion meeting held in Beijing resulted in the signing of a memorandum for renewable energy and environmental projects between Ha Giang Province and Tianying, indicating a deepening partnership [1][2]. - This collaboration is seen as a new milestone following Tianying's previous investment in a large-scale waste-to-energy project in the region, showcasing the application of advanced Chinese environmental technology in local development [2]. - The partnership is expected to generate significant economic benefits and social value, contributing to sustainable development in the region [1][2]. Group 2 - Tianying has established itself as a leading international environmental service provider, with successful projects in Vietnam, including a waste-to-energy project in Hanoi that processes 4,000 tons of waste daily, recognized as a model of Sino-Vietnamese cooperation [3]. - The new investment project in Ha Giang Province aims to strengthen Tianying's presence in Vietnam, creating regional synergies and enhancing its competitive advantage in the Southeast Asian waste-to-energy sector [3]. - This initiative is anticipated to boost overall profit margins and performance growth, while also facilitating the expansion of urban environmental services and management operations abroad [3].