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INDUSTRY STRUCTURE
MIZUDA GROUP

Founded in 1993 and headquartered in Huzhou, Zhejiang, the birthplace of the "Two Mountains" concept, Maxinda Group Co., Ltd. is a large private enterprise group with green and low-carbon industries as the main body and consumption and financial industries as the two wings. It is among the Top 500 Chinese Private Enterprises and the Top 500 Chinese Manufacturing Private Enterprises. For consecutive years, it has been awarded as one of the Top Ten Influential Enterprises in the National Solid Waste Industry, Top 50 Chinese Environmental Enterprises, Top 20 Chinese Printing and Dyeing Industry, Zhejiang Green and Low-Carbon Model Enterprise, Zhejiang Top 100 Private Enterprises, and Huzhou "Golden Elephant" Enterprise.


The company has a registered capital of 500 million yuan, 13,000 employees, 306 subsidiaries, including 10 core first-level platform companies (listed company Wangneng Environment, stock code: 002034) and 296 second-level subsidiaries (including 8 overseas subsidiaries). Among them, there are 15 national high-tech enterprises, 1 national specialized and new "Little Giant" enterprise, 1 national enterprise technology center, 2 provincial high-tech enterprise R&D centers, 1 provincial science and technology "Little Giant" enterprise, and 2 provincial specialized and new small and medium-sized enterprises.


18
There are 18 first-level platform companies
230
There are 230 second-level subsidiaries
340
Top 500 Private Enterprises in China
191
Top 500 Private Manufacturing enterprises in China

The "One Body" refers to Mizuda's leading industry. The "green and low-carbon industry" is divided into three major industrial sectors, namely the "trinity" of environmental protection and solid waste industry, resource recycling industry, and clean energy industry. The environmental protection and solid waste industry mainly realizes the reduction and harmless co-treatment of solid waste, and it is also the core leading industry and "basic plate". It includes the main board listed company Wangneng Environment, which is mainly engaged in domestic waste incineration power generation, Wangneng Ecology, which is mainly engaged in food waste disposal, Nahai Environment, which is mainly engaged in hazardous waste disposal, Xinhuanwei, which is mainly engaged in integrated waste collection and transportation, and Baiaomaisi, which is mainly engaged in the disposal of dead pigs and agricultural skins. The resource recycling industry mainly excavates the "urban mine" to realize the comprehensive utilization of solid waste resources. It includes Zhejiang Lixin, which is mainly engaged in lithium battery recycling, Huzhou Xincheng, which is mainly engaged in scrap steel utilization, Nantong Huili and Nanpu Technology, which are mainly engaged in rubber recycling, and Xinqiyuan and other industries and projects focusing on the comprehensive disposal of sludge and biomass and material development. At the same time, it also includes projects under construction such as waste textile utilization, fly ash resourceization, food waste biological protein conversion, and construction waste resourceization. The clean energy industry mainly relies on Xinwang Energy, which is mainly engaged in cogeneration, and is committed to exploring and developing new businesses and models that meet the national energy transformation needs and have mature business models, such as natural gas distributed energy, photovoltaic energy storage, and renewable resource utilization. In addition, Maxinda Industry Research Institute has been established to build an "innovation and entrepreneurship" platform focusing on sustainable low-carbon green development, keeping a close eye on the frontiers of green and low-carbon industries, closely focusing on the upstream and downstream of the green industry chain, and focusing on low-carbon technology innovation, green financial investment, and the development of incubated enterprises, so as to empower and assist in the construction of systems such as sustainable development consulting, low-carbon innovation technology support, introduction of domestic and foreign talents, business incubation services, and green financial investment.



The "Two Wings", the "consumption" industry and the "finance" industry, realize the "two-wing linkage". The consumption industry mainly meets the new consumption needs and provides products and services in aspects such as "clothing, food, housing, transportation, tourism, shopping, and entertainment", including the existing printing and dyeing technology that provides R&D, production, and sales of new textiles, the Huanwan Golf that provides leisure vacations, and the Chengyue Panshan Hotel that will open soon, which integrates scattered foreign investment resources and creates the Maxinda foreign stock market. The financial industry is an important support for realizing industrial transformation, upgrading, and fission, including the existing financial control investment, Wandu micro-credit and other businesses. In the future, on the basis of consolidating and strengthening the original businesses, it will establish an equity investment and financing platform to more bear the integrated development of industrial platforms and asset securitization, and effectively realize the "industry + capital" dual-wheel drive.


The group company adheres to the core values of "determination to surpass, contract spirit, openness and inclusiveness, and shared achievements", focuses on the overall layout of the "one body and two wings" industry, promotes the coordinated development of the "trinity" of environmental protection and solid waste industry, resource recycling industry, and clean energy industry, accelerates the "two-wing linkage" innovation and upgrading of consumption and financial industries, builds a low-carbon, diversified, and high-quality healthy industrial system, and makes new contributions to achieving green, low-carbon, healthy, and sustainable high-quality development.
Development History
1993
On June 18, Huzhou Flannel Factory, the predecessor of Mizuda, was established.
1995
On May 23, Huzhou Jiujiu Textile Co., Ltd. was founded.
1996
Huzhou Development Zone built Huzhou Corduroy General Factory.
1998
In April, Huzhou Corduroy Factory went into production, realizing the regional environment transfer of Mizuda.
In May, Zhejiang Mizuda Printing and Dyeing Group Co., Ltd. was founded to expand and strengthen the industry, laying the foundation for listing.
2001
In July, Huzhou Jiujiu Printing and Dyeing Co., Ltd. was founded.
2002
In May, Huzhou Mizuda Silk Industry Co., Ltd. was founded, and then it was changed to establish Huzhou Mizuda Silk Holding Co., Ltd.
In October, Huzhou Mizuda Real Estate Development Co., Ltd. was founded.
2003
In April, invested in the new construction of "Mizuda Textile Industrial City".
In July, Huzhou Nantaihu Thermal Power Co., Ltd. was founded, marking the leap from light industry to heavy industry.
2004
In June, Mizuda acquired Huzhou Zhanwang Tianming Pharmaceutical Co., Ltd., exploring the biomedical field.
On August 26, the A-share listing ceremony of "Zhejiang Mizuda" was grandly held in the hall of Shenzhen Stock Exchange. Mizuda Co., Ltd. was listed on the small and medium-sized board with the stock code: 002034.SZ.
2005
In November, "Mizuda Group Co., Ltd." without a regional name was announced to be established.
In December, Huzhou Nan Taihu Environmental Protection Energy Co., Ltd. was founded, marching into the waste power generation industry.
2006
In April, Mizuda Textile Industrial City was completed and put into production.
In July, undertook the construction of Huzhou Municipal Domestic Waste Incineration Power Generation Project - Nantaihu Environmental Energy Co., Ltd.
2007
On June 13th, the group held the "Going Global Strategy Seminar".
On August 18th, Zhejiang Woneng Environmental Protection Co., Ltd. was established in Hangzhou to explore a new model of platform-based operation.
2008
On April 29th, the waste incineration power generation project in Huzhou was successfully connected to the grid for power generation.
In October, Wanbang Microloan Co., Ltd. was established.
On November 18th, the Zhoushan Waste Incineration Power Generation Project signed an operation service contract, taking the first step in "going global".
2009
On February 27th, South Taihu Environmental Protection Energy Co., Ltd. passed the completion acceptance.
2010
On July 5th, the Xuchang sludge treatment project began its trial operation.
In September, Huzhou Canhua Niangniang Silk Quilt Co., Ltd. was declared established.
In September, the company acquired Huzhou Outlook Pharmaceutical Co., Ltd. to expand its pharmaceutical business capabilities.
2011
On September 2nd, the garbage incineration project in Zhoushan achieved successful first grid connection for power generation.
2012
On April 6, the power reverse transmission of the Anji Waste Incineration Project was successfully completed for the first time.
On April 23rd, Deqing Wangneng Waste Incineration Power Generation Co., Ltd. was established.
On August 23rd, the No.1 unit of Taizhou Waste Incineration Power Generation Project successfully achieved grid connection for the first time.
2013
On July 15th, Zhejiang Woneng Environmental Protection Co., Ltd. successfully acquired Huaibei Yuneng Thermal Power Co., Ltd.
2014
On January 16, the franchise agreement for the BOO project of Quxian County Domestic Waste Incineration Power Generation was officially signed.
On March 30th, the concession agreement for the BOT project of harmless treatment of domestic waste incineration in Panzhihua City, Sichuan Province was officially signed.
On June 18th, the Meixinda Charity Supermarket officially opened.
On December 1st, the Lanxi Midea (BioMax) agricultural waste disposal project was officially put into production and operation.
2015
In June, acquired Zhoushan Nahai and established Nahai Environment.
On October 28th, Zhanwang Pharmaceutical carried out a major asset restructuring with Tianjin Hongri Pharmaceutical, transferred the shares of Zhanwang Pharmaceutical as a whole, exercised management on its behalf, and also took a stake in Tianjin Hongri Pharmaceutical.
2016
On January 12, Meixinda Zhihui Environmental Technology Co., Ltd. was established.
On January 12, Meixinda Zhihui Environmental Technology Co., Ltd. was established.
In March, acquired the Hot Spring Golf Club
In April, the financial holding investment was established to focus on capital operation.
On July 20th, a service agreement for the kitchen waste resource and harmless treatment project in Huzhou City was signed with the Huzhou Construction Bureau.
On December 24th, the construction of the Environmental Industry Research Institute project commenced.
2017
1月16日,浙江旺能生態科技有限公司成立,湖州餐廚垃圾項目正式啟動
1月19日,美欣達管理學院成立
5月5日,成立美欣達熱電控股有限公司,收購織里長和熱電有限公司
9月12日,成功實施完成了重大資產重組,將垃圾發電業務置入上市公司,上市公司從美欣達印染更名為旺能環境股份有限公司
12月1日,湖州美欣達循環產業發展有限公司成立,促進報廢車、電子廢棄物的循環再生、高價值利用
2018
On January 30, a Thailand meeting was held to determine the internationalization strategy and marketing model innovation.
On June 20, the real estate company was sold as a whole, and the real estate business was divested.
On December 1, a strategic seminar on the resource utilization and implementation path of urban mines was held, and the solid waste industry began to transform again from harmless treatment to resource recycling.
2019
On July 11, in response to the national "Belt and Road" initiative, the Overseas Business Department was established.
On August 21, the first local standard for urban household waste classification in China, "Zhejiang Province Urban Household Waste Classification Standard", jointly compiled by Zhihui Environment, was released.
On August 24, Maxland Group won the Excellent Case of High-quality Development of Private Enterprises in Zhejiang Province in 2019, and Shan Jianming, the chairman of the group's board of directors, won the "Famous Zhejiang Merchant of the Year".
On November 19, Maxland Group won the Institutional Donation Award of the 6th "Zhejiang Charity Award", and the Charity Supermarket (Huzhou Charity Federation) won the Charity Project Award of the 6th "Zhejiang Charity Award".
2020
On January 23, in the face of the "COVID-19" epidemic, 20 million yuan was set up as anti-epidemic funds. Among them, 10 million yuan was cooperated with the Huzhou Charity Federation, and was specially used for the fight against and prevention and control of COVID-19 through the First People's Hospital of Huzhou.
On March 2, a special seminar on "Resource-based Transformation of the Environmental Industry" was held to accelerate the resource-based transformation through the project system.
On October 19, the public offering of convertible corporate bonds by Wangneng Environment was approved, raising 1.45 billion yuan.
On December 14, through the project general contracting, Wangneng Ecology obtained its first general contracting project, the Puyang EPC project, innovating the market development model.
On December 14, it won the title of "Advanced Private Enterprise in the Fight against COVID-19" by the All-China Federation of Industry and Commerce.
2021
On March 20, a seminar on the green and low-carbon industrial development strategy of Maxinda Group was held.
On June 17, the astronauts of Shenzhou XII put on "Maxinda Smart Manufacturing" products. Many clothing products such as astronauts' in-cabin work clothes, casual clothes, and sleeping bags were developed and produced by Maxinda Dyeing and Printing Technology Company.
On July 1, the solid waste management, collection, and transportation project in Phnom Penh, Cambodia under the Belt and Road Initiative was officially put into operation.
On December 7, a "Capital Increase Agreement" was signed with Zhejiang Xinli Ecological Technology Co., Ltd. to expand the solid waste industry territory and enter the "construction waste" treatment sub-sector.
On December 22, Zhejiang Lixin New Material Technology Co., Ltd. was acquired to lay out the recycling and utilization industry of new energy power lithium batteries.
On December 8, the "Maxinda Group Strategic Development Plan (2021 - 2025)" was officially released.
2022
On June 18th, the signing ceremony for the release of the group's comprehensive compensation incentive system and medium- to long-term incentive mechanism was held at the Environmental Industry Research Institute.
On July 19th, Wangneng Environment's wholly-owned subsidiary, Huzhou Wangneng Investment Co., Ltd., acquired a 77% equity stake in Nantong Huili Rubber Co., Ltd. for approximately 331 million yuan.
On September 26th, the group launched the optimization and adjustment of the management model of the finance department and established a financial shared service center.
On October 8th, the first high-potential talent class of the group commenced.
2023
On January 5th, Maxanda Group coordinated domestic and foreign resources, urgently purchased and delivered 20,000 boxes of the COVID-19 oral drug Azvudine and 100 non-invasive ventilators, with a total value exceeding 13 million yuan. These were donated to Huzhou medical institutions and COVID-19 patients through the Huzhou Charity Federation.
On April 25th, Wangneng Ecology obtained the bid-winning notice for the Macau Kitchen Waste Treatment EPC+O project.
On June 18th, the 30th anniversary theme event of Maxanda Group was grandly held at the Huzhou Hot Spring Golf Club. The group officially released a new logo and VI system upgrade. The Maxanda Financial Shared Service Center was officially established, and the first carbon neutrality white paper for private enterprises in the city was released.
On December 26th, Shan Jianming, the chairman of the group's board of directors, was awarded the honorary title of "The Most Beautiful People in Zhejiang - The Most Beautiful Retired Soldiers".
From October 19th to October 21st, Maxanda Group held the closing ceremony of the first phase and the opening ceremony of the second phase of the Young Eagle Plan - High-Potential Talent Training Camp.
2024
On March 11, the headquarters of Maxinda Group was officially relocated from the office building of Maxinda Textile Industrial City at No. 288, Tianziwei Road to Building A of Maxinda Health Industry Park at No. 899, Huanshan Road.
On March 28, the Activity Room (Committee Member Studio) of the Environmental Resources Sector of the Huzhou Municipal Committee of the Chinese People's Political Consultative Conference was officially located in Building F of Maxinda Health Industry Park.
On April 15, Maxinda Group held the establishment and release ceremony of the audit and supervision talent pool and the employment ceremony for the first batch of talents.
On April 24, Huzhou Hot Spring Golf Club was awarded the honor of "Top 100 Asian Golf Courses in 2024".
On May 28, the design, construction and operation concession of the Macau Organic Resources Recycling Center was officially signed.
On August 15, the Vietnam Office of Wangneng Environment Co., Ltd. was officially established in Hanoi, the capital of Vietnam.
On September 26, the Thailand project of Wangneng Environment was successfully signed. The total contract value of the two projects is approximately 394 million yuan, with a total designed daily waste treatment capacity of 1,000 tons and a total installed capacity of 19.8 MW (megawatts).
On September 21, Maxinda Group was shortlisted for the "New Eight-level Worker" system enterprise list in Zhejiang Province.
In November, Printing and Dyeing Technology signed a project investment agreement with Texhong Group to invest and establish an overseas project in Haiphong County, Quang Ninh Province, Vietnam.
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