JYC(SZ:000546)2022-12-03 09:48Group 1: Project Overview - The project is currently owned by Shanghai Huayu with a 51% stake, while Longshan Cement holds 49% [1] - The company holds a 26.01% stake in Xuzhou Hongyu [1] - Xuzhou has 8 hazardous waste disposal companies, with two major ones operating: one with a capacity of 10,000 tons and another at 6,600 tons [1] Group 2: Customer and Pricing Information - The average disposal fee in Xuzhou is approximately 3,500 to 4,000 RMB per ton, with higher prices for waste acid and waste alkali reaching about 4,500 RMB per ton [2] - The project can dispose of 32 types of hazardous waste [2] - The local hazardous waste price averages around 5,500 RMB per ton, with high-chlorine waste reaching up to 9,800 RMB per ton [4] Group 3: Project Timeline and Development - The project received approval from the National Development and Reform Commission on June 6, 2016, and began construction in November 2016 [3] - The second phase of the project started in January 2018, with completion planned for October 2018 [5] Group 4: Operational and Financial Aspects - The project has a 20-year agreement with Longshan Cement for fixed hazardous waste disposal fees [2] - The cost structure includes nearly half for ash treatment, followed by depreciation and energy costs [5] - The project has a total warehouse area of approximately 4,000 square meters, with a maximum temporary storage capacity of 3,000 tons [4] Group 5: Regulatory and Compliance - The current tax policy provides full exemption on income tax and a 70% rebate on value-added tax [4] - The hazardous waste disposal contracts are signed annually, with no long-term agreements currently in place [5]