CHINA XLX FERTILISER LTD. （For Immediate Release）
China XLX Receives A A A A A Enterprise Environmental Credit Rating in Henan
HONG KONG, October 29 2014 - Henan XLX Fertiliser Limited Company, a wholly-owned subsidiary of China XLX fertiliser Limited ("China XLX" or the "Company") (HKSE: 01866.HK), received the highest 5A Enterprise Environmental Credit Rating in Henan Province in 2013, in which over 1,000 enterprises had been appraised.
The environmental credit rating on actual performances of enterprises in the areas of compliance to environmental protection laws and regulations, and fulfilment of social responsibilities is carried out and confirmed by environmental protection bureaux, with reference to required indicators, methods and formulas.
The rating enables the public to involve in monitoring the environment. It helps entities in the market including banks understand the environmental credit and risk of an enterprise and use the rating as key reference in credit review and other business decisions. It can also be used by related bureaux, labour unions and associations as a standard of evaluating qualifications, and appropriating fiscal subsidies.
"The 5A Enterprise Environmental Credit Rating is a recognition for our effort in environmental protection in 2013. It presents a higher requirement for our work in environmental protection in the future. We will put emphasis on the discharge treatment and disclosure of related information under such standard to fulfil social responsibilities," said Mr. Liu Xingxu, Chairman and CEO of Company.
About China XLX Fertiliser Co., Ltd.
China XLX Fertiliser Ltd., one of the largest and most cost efficient coal-based urea producers in China, is mainly engaged in the production and sale of urea, compound fertilizer and methanol. Its annual production capacity of urea, compound fertilizer and methanol is 2.1 million tons, 1.1 million tons and 200,000 tons, respectively. Besides, the 5th plant in Xinjiang, which is under construction, is expected to commence trial production next year. The Group forged a strategic partnership with Primavera Capital, an internationally renowned private equity fund, at the end of 2011, aiming to leverage on its extensive experience and resources network in the capital market to sustain stable business growth. The Company's shares are traded on the main board of the Stock Exchange of Hong Kong Limited (stock code:
01866.HK).
1
Investor and Media Enquiries:
China XLX Fertiliser Ltd. Zhu Weiwei
Tel: 86-138 4939 1363
Email: mailto:weiwei.zhu@chinaxlx.com.hkweiwei.zhu@chinaxlx.com.hk
PRChina Limited
Terence Wong / Phoebe Leung
Tel: 852-2522 1368 / 852-2521 2823
Email: mailto:twong@prchina.com.hktwong@prchina.com.hkmailto:pleung@prchina.com.hkpleung@prchina.com.hk
2
|
distributed by
|
