The reason why Wuxi state-owned assets are optimistic about CICC environment

Backdoor listing, environmental protection business market expansion, synergistic effect.

1, Wuxi state-owned assets are listed on the backdoor, and the purchase price is relatively fair, and it has not risen sharply, so it has great investment potential.

2. After Wuxi State-owned assets enter the company, it can better help CICC realize the market expansion of environmental protection business and improve the quality and competitiveness of the company.

3. Wuxi State-owned Industrial Waste Safe Disposal Co., Ltd. and Solid Waste Environmental Protection Disposal Co., Ltd. have synergistic effects with Jintailai previously acquired by CICC Environment, which can significantly enhance the strength of the company's solid waste and hazardous waste sectors.