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CDT Environmental Technology Investment Holdings Limited (CDTG)

CDT Environmental Technology Investment will go public soon, but the exact IPO date is still unknown.
Stock Price: $4.00
Confirmed IPO price

Company Description

CDT Environmental Technology Investment is a waste treatment company that generates revenue through design, development, manufacture, sales, installation, operation and maintenance of sewage treatment systems and by providing sewage treatment services.

We primarily engage in two business lines: sewage treatment systems and sewage treatment services in both urban and rural areas. We have established sales and marketing networks in many cities across several provinces in China with thirteen majority-owned subsidiaries and two branch offices in China.

We intend to expand our sales and marketing efforts for our rural sewage treatment system to further penetrate the market in Fujian and Zhejiang provinces.

We are in the process of negotiating partnerships with state-owned companies at the central government level to expand the geographic market for rural sewage treatment.

We also intend to promote our newly developed septic tank treatment systems. According to the Ministry of Environmental Protection of China and the Ministry of Finance of China as of December 2016, in 2016, only approximately 22% of the incorporated villages in China treated rural sewage water.

According to Forward the Economist as of January 2018, it is estimated that the market size of rural sewage treatment in China will reach approximately RMB 200 billion (approximately $28.0 billion) in 2030.

Due to China’s recent focus on the continuous improvement of living standards through more stringent environmental laws and regulations for clean water, we believe compliance with such laws and regulations will become increasingly difficult for companies to achieve.

Therefore, we believe new technology and applications in sewage treatment will be in greater demand, which we expect will drive demand for our services and products.

CDT Environmental Technology Investment Holdings Limited
CountryChina
Founded2012
IPO DatePending
IndustrySanitary Services
SectorIndustrial
Employees177
CEOYunwu Li

Contact Details

Address:
C1, 4th Floor, Building 1, Financial Base, No. 8 Kefa Road
Nanshan District, Shenzhen 518057
China
Phone86-0755-86667996

Stock Details

Ticker SymbolCDTG
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
IPO Price$4.00
CIK Code1793895

Key Executives

NamePosition
Yunwu LiChief Executive Officer and Chairman of the Board of Directors
Tiefeng WangChief Financial Officer
Zijiang LiuChief Technology Officer and Vice President
Jianfei YuVice President
Yuntao GuanChief Scientist
Lijun CuiDirector
Yaohui WangIndependent Director
Dongming ZhangIndependent Director