2008 - 2009 - Pinsent Masons Water Yearbook 2012 - 2013

SINGAPORE
PART 3(ii): COMPANY ANALYSIS: LOCAL/REGIONAL PLAYERS
EPURE INTERNATIONAL LIMITED
Beijing Sound Environmental Industry Group (Sound Group) was a privately owned company,
founded in 1993 and had a turnover of CNY200million in 2000, employing 180 senior engineering
staff. Sound Group entered the water and waste treatment sector in 1999 and had completed 600
projects in China. In September 2006, as Epure International, the company had its IPO on the
Singapore stock exchange.
Epure, profit & loss account
Y/E 31/12 (USDmillion) 2004 2005 2006 2007
Group turnover 226.7 380.1 505.6 697.3
Operating profits 57.1 96.6 137.6 195.0
Net profits 47.2 79.9 110.6 164.4
Earnings per share (USD) 0.05 0.09 0.11 0.13
Sound Group’s ‘China Clear Water Project’ was launched in 1999 to encourage the concept of locally
funded WWTW BOT contracts. In June 2001, Sound Group signed agreements to build sewage
treatment plants in 11 Chinese cities. These include Golmud in Qinghai Province, Jinshan District (of
the Shanghai Municipality), Jianzhou, Jianyin, Huanggang and Xiangtan in Hubei Province. The 11
sewage treatment plants will have a combined daily handling capacity of more than 1.7million tons.
This is equivalent to serving approximately 5million people. These facilities will require a total
investment of about CNY2billion (USD240million). The BOT contracts signed are to last for 25 years.
The company expects the facilities to pay off the project financing after ten years. These are the first
privately financed and operated sewage treatment facilities in China. Further contract awards have
subsequently been gained.
Facilities in operation or development, 2006-08:
Henan
Huixian
Henan
Gongyi
Henan
Anyang (CNY128million, 100,000m 3 per day WWTW)
Henan
Luoyang Chandong District
Beijing Xiaojiahe WWTW (BOT, 2000)
Hebei
Zhengding (20,000m 3 per day WTW)
Shandong
Ningyang
Shandong
Jinan Changqing Economic and Technical Development Zone
Shandong
Feicheng
Shandong
Fenshang
Shandong
Linyi
Shandong
Dongping
Shandong
Xintaixinwen
Shanxi
Datong
Shanxi
Taiyuan Northern Middle of Hexi
Hubei
Jingmen Xiajiawan (BOT, 2003, 50,000m 3 per day WWTW)
Hubei
Xianning (25 year WWTW BOT)
Hubei
Xiangfan (SGD165million, 200,000m 3 per day WWTW)
Hubei
Zhushan (30,000m 3 per day WWTW)
Hubei
Danjiangkou (100,000m 3 per day WWTW)
Hubei Yichang Yiling District (200,000m 3 per day WWTW by 2010)
Hubei
Yichang (440,000m 3 per day WTW)
Jiangsu
Wuxi Shuofang
Jiangsu
Wuxi Shitangwan
Jiangsu
Shuyuan (50,000m 3 per day WTW BOT)
Jiangxi
Nanchang Xianghu (SGD185million, 200,000m 3 per day WWTW)
Inner Mongolia Xilinhaote
Inner Mongolia Tonglaio (100,000m 3 per day 25 year WWTW BOT)
Inner Mongolia Wuhai
Inner Mongolia Baotou (CNY320million, 200,000m 3 per day WWTW BOT, 2006)
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Pinsent Masons Water Yearbook 2008-2009