Core Viewpoint - Hunan Junxin Environmental Protection Co., Ltd. (Junxin Co., 301109.SZ) is expanding its waste treatment and green energy business, successfully implementing projects both domestically and internationally, including a significant partnership in Kyrgyzstan for waste-to-energy initiatives [3][5][6]. Group 1: Company Overview - Junxin Co. specializes in converting waste into energy, focusing on municipal solid waste, kitchen waste, municipal sludge, leachate, and fly ash [3]. - The company operates the Heimi Peak Solid Waste Treatment Plant in Changsha, which is the only environmental park in China to have won two Luban Awards, the highest construction engineering award in the country [3]. Group 2: International Expansion - During the first China-Central Asia Summit, Junxin Co. signed a memorandum with Kyrgyzstan to introduce successful waste treatment experiences from Changsha, aiming to establish the country's first waste incineration power generation project [5]. - The company’s strategy is to "root in Hunan, radiate nationwide, and move towards the world" [5]. Group 3: Financial Support and Challenges - The company faces challenges in its international projects, including language barriers, funding shortages, and legal constraints between countries [5]. - China Merchants Bank (CMB) formed a project team to support Junxin Co. in overcoming these challenges, leading to the creation of an innovative cross-border loan solution [6]. Group 4: Project Development - CMB successfully provided Junxin Co. with a cross-border syndicated loan of $6.42375 million, which facilitated the construction of the Bishkek waste-to-energy project in Kyrgyzstan [6]. - The project is set to be completed by December 27, 2025, marking a significant milestone as the first waste incineration power project in Central Asia [6]. Group 5: Future Outlook - The story of Junxin Co.'s international expansion reflects the growing trend of green finance and the potential for further overseas ventures by Chinese enterprises [7].
从黑麋峰到比什凯克 绿色金融服务创新背后的“湘企”出海记