Group 1 - The company, Beijing Enterprises Environment Group (00154.HK), announced the establishment of a joint venture with two construction companies from mainland China and Hong Kong to bid for the I·PARK2 contract issued by the Hong Kong Environmental Protection Department [1] - The I·PARK2 project aims to support the Hong Kong government's waste reduction and recycling initiatives, contributing to the goals outlined in the "Hong Kong Blueprint for Waste Management 2035" and "Hong Kong Climate Action Blueprint 2050," which include achieving "zero landfill" and carbon neutrality [1] - The contract scope includes the design, construction, operation, and maintenance of the I·PARK2 facility, which will be located at the coal ash lake in Tuen Mun, with an incineration capacity designed to handle 6,000 tons of municipal solid waste per day [1] Group 2 - The contract is expected to commence in early 2026 and includes a 15-year operation and maintenance service period in addition to the design and construction work [1]

Core Viewpoint - Beijing Enterprises Environment Group (00154) has announced the establishment of a joint venture with two construction companies from mainland China and Hong Kong to submit a bid for the Integrated Waste Management Facility Phase II contract issued by the Hong Kong Environmental Protection Department [1] Group 1: Joint Venture and Contract Details - The joint venture is set to be formed on October 10, 2025, and will focus on the Integrated Waste Management Facility Phase II contract (Contract No. EP/SP/312/24) [1] - The contract aims to support the Hong Kong government's waste reduction and recycling initiatives, contributing to the goals outlined in the "Hong Kong Blueprint for Waste Management 2035" and the "Hong Kong Climate Action Blueprint 2050," which include achieving "zero landfill" and carbon neutrality [1] Group 2: Project Specifications - The scope of the contract includes the design, construction, operation, and maintenance of the I·PARK 2 facility, located at the coal ash lake in Tuen Mun, with a designed processing capacity of 6,000 tons of municipal solid waste per day [1] - The contract is expected to commence in early 2026 and includes a 15-year operation and maintenance service period in addition to the design and construction work [1]

Group 1 - The company, Beijing Enterprises Environment Group (00154), announced the establishment of a joint venture with two construction companies from mainland China and Hong Kong on October 10, 2025 [1] - The joint venture has submitted a bid for the Phase II contract of the Integrated Waste Management Facility issued by the Environmental Protection Department of the Hong Kong Special Administrative Region (Contract No. EP/SP/312/24) [1] - The I·PARK 2 project aims to support the Hong Kong government's waste reduction and recycling initiatives, contributing to the goals of "zero landfill" and carbon neutrality outlined in the "Hong Kong Waste Blueprint 2035" and "Hong Kong Climate Action Blueprint 2050" [1] Group 2 - The contract scope includes the design, construction, operation, and maintenance of the I·PARK 2 facility, which is designed to process 6,000 tons of municipal solid waste per day [1] - The contract is expected to commence in early 2026 and includes a 15-year operation and maintenance service period in addition to the design and construction work [1]