金科环境股份有限公司关于锡东工业污水处理项目政府回购并终止特许经营权的公告

Core Viewpoint - The announcement details the termination of the concession rights for the Xidong Industrial Wastewater Treatment Project by Jinko Environment Co., Ltd. due to the inability to collect sufficient wastewater treatment fees, leading to a government buyback agreement [2][4]. Group 1: Project Background - The Xidong Industrial Wastewater Treatment Project was initiated under a concession agreement signed in September 2023, with a 30-year term for financing, construction, operation, and maintenance [3]. - The project was managed by a joint venture, which included Wuxi Xishan Zhonghe Water Co., Ltd. and Wuxi Pinghu Water Technology Co., Ltd. [3]. Group 2: Termination Agreement Details - The termination of the concession rights was triggered by the project's inability to cover operational costs and minimum investment returns for three consecutive months from January to March 2025 [4][7]. - The designated buyback entity is Wuxi Yunlong Park Construction Development Co., Ltd., as per the agreement with the Xishan Economic and Technological Development Zone Management Committee [2][9]. Group 3: Financial Implications - The termination of the concession rights is not expected to have a significant impact on the company's operational performance or financial status, nor will it affect the company's strategic development and operational planning [2][14]. - The buyback price will include all compensation related to the project investment, reasonable returns, and transfer costs, with no additional compensation required [10].