In September 2017, Xinsu Environmental Protection Industry Group Co., Ltd. was registered and established; Officially operated from December 26, 2017; In June 2018, acquired Shanghai Environmental Engineering Design and Research Institute; In October 2020, it became the controlling shareholder of Wuxi Xuelang Environmental Technology Co., LTD. [SZ300385].

At present, the group has assets of 10 billion yuan and 1432 employees (including 215 people with intermediate titles or above). The Group's business involves three major fields: industrial investment, intelligent environment, and scientific and technological equipment. It is committed to building an industrialized industrial and municipal waste resource utilization system, and cooperating with the development of third-party environmental services, general contracting of environmental engineering, hosting and operation of environmental protection projects, and intelligent manufacturing of environmental protection scientific and technological equipment. Provide customized one-stop overall solutions for the comprehensive utilization of urban and rural waste and pollution control and emission reduction of industrial enterprises.

The group has three national high-tech enterprises: Xuelang Environment, Shanghai Environmental Institute and Songming Runtu. It has built five innovation engines, including Jiangsu Province Enterprise Research Student Station, Jiangsu Province Enterprise Technology Center and Shanghai Academician Expert Workstation. It has built six industry-university-research cooperation bases with Fudan University, Shanghai Jiao Tong University and Southeast University. As of 2021, the Group has obtained more than 200 authorized invention patents and utility model patents.

Since its establishment, the company's business has grown by leaps and bounds, from 5 projects in early 2018 to 21 projects nationwide in 2021, covering 7 provinces/cities in China, with an operating revenue of more than 1 billion yuan. While the economic performance continues to improve, the company's influence continues to increase and it has won industry honors, including the council unit of China Industrial Development Promotion Association, 2019 environmental protection brand enterprise, and China's strategic emerging environmental protection industry leader.

In the next four years, Xinsu Environmental protection will enter a key stage of high-quality development. With the overall strategic goal of strengthening the Xuelang environment and re-creating an environmental technology listed company, we will increase the layout of waste resources, accelerate the capital operation of the intelligent environment industry, strengthen the upgrading of management system and human resources, deepen the ability of technology research and development and integration, and enhance the competitiveness of Xinsu environmental protection enterprises. To build a domestic excellent ecological and environmental protection enterprise in the forefront of the market segment, and realize the value of shareholders, customers, employees and partners.