To deepen strategic cooperation among central enterprises, seize development opportunities in the environmental protection industry and facilitate the efficient implementation of industrial projects, on August 7, 2026, Liu Haijiang, Chairman of Haijiang Group, led the group's senior management team to visit Sinopec Environmental Technology Co., Ltd. for a special high-level exchange and docking forum. The two sides held in-depth consultations on multiple topics including the launch of industrial joint ventures, full-chain collaboration on solid and hazardous waste, cross-industry market expansion and capital operation guarantee. They clarified implementation approaches, strived to build a benchmark platform for central-local collaboration in the petrochemical environmental protection sector, and supported the implementation of the Dual Carbon Strategy and high-quality development of the circular economy.

Yi Hao, Director and Party Secretary of Sinopec Environmental Technology Co., Ltd.; Yang Hongshan, Deputy Chief Economist and Manager of the Enterprise Reform and Legal Affairs Department; Qu Jihu, Deputy Chief Engineer and General Manager of the Environmental Protection Division; Shi Yongjie, Deputy Manager of the Marketing Department attended the meeting. Wang Xiaodong, Senior Deputy General Manager of Beijing Haijiang Holding Group, Xu Yanxia, Finance Manager, Li Zhen, Marketing Manager, and Song Guoqiang, Deputy Director of the General Administration Office accompanied the negotiation and docking.

At the outset of the forum, Chairman Liu Haijiang gave a comprehensive introduction to Haijiang Group’s development layout, technological strengths, market performance and overall plans for joint venture cooperation. The exchanges confirmed that both parties will build on their long-standing foundation of petrochemical environmental protection cooperation to further deepen industrial collaboration and actively explore the establishment and rollout of a joint venture platform.

The planned joint venture business will focus on core sectors such as green and intelligent dismantling of petrochemical facilities, high-value resource utilization of petrochemical solid and hazardous waste, remediation of contaminated soil and groundwater at petrochemical sites, as well as value-added services including environmental emergency response and environmental consulting, forming a closed-loop integrated environmental protection service system. Centering on the resource utilization of solid and hazardous waste as the core development priority, the two sides will delve into the collection, transportation, disposal and recycling of various solid and hazardous waste from the petrochemical industry, improve the full-chain disposal and recycling system, continuously optimize the regional layout for hazardous waste transportation and disposal, and establish a systematic and large-scale recycling system for solid and hazardous waste.The two parties have carried out a number of collaborations in the petrochemical environmental protection sector in the past and accumulated mature experience in integrated and intelligent resource-based services. Going forward, they will expand the scale of the chemical environmental protection service industry through joint venture arrangements and endeavor to build a premium environmental protection service brand in the industry.

Secretary Yi Hao put forward work advancement ideas based on the actual progress of cooperation: scientifically assess market trends, accelerate the tangible delivery of cooperation outcomes, promote the upgrading of hazardous waste disposal qualifications, and plan to construct 5 to 7 standardized disposal centers for solid and hazardous waste across the country. Relevant cooperation plans will go through internal review and approval procedures. For key tasks such as market expansion and qualification application, the parties will submit special reports to municipal governments and proactively strive for policy support.

During the discussion, the two sides reached a consensus on the market expansion strategy: on the premise of consolidating existing business within Sinopec’s internal refining and chemical bases and solidifying the established cooperation foundation, proactively expand external markets.