Suez Environment Group in China

In 1970s, Suez Environment entered the China market through its subsidiary Deliman, which used Suez Environment's compaction technology and water treatment technology to design and build more than 65,438+080 water treatment plants in China. 1985, Suez Environment and Hong Kong New World Group jointly established Sino-French Water Investment Co., Ltd., with each party holding 50% of the shares. Sino-French Water became the development and operation platform of Suez Environmental Water Business in China.

The key investment areas are Beijing, Shanghai, Qingdao, Chongqing and the southern Pearl River Basin, and tap water and sewage treatment services have been provided for140,000 people. These joint ventures include 1 1 water production enterprises in Zhengzhou and Qingdao, 6 integrated water supply service/franchise enterprises in Chongqing and Tianjin, 2 industrial water treatment enterprises in Shanghai, 1 sewage treatment enterprises-Chongqing Zhongfa Tangjiatuo Sewage Treatment Co., Ltd. and 1 investment company-Chongqing.

Joint venture and cooperation with local governments or enterprises affiliated to local governments is a long-term development strategy adopted by Suez Environment in China, and it is also one of the "secrets" of its continuous expansion in China.

In April 2008, Suez Environment and Hong Kong Xinchuang Group announced that they would jointly acquire 65,438+05% shares of Chongqing Water Group (50/50) at a purchase price of 6,543,806 million yuan (about 65,438,000,000 euros). Suez Environment has therefore become a strategic investor of Chongqing Water Group.