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Weigang Environmental Technology Holding Group Limited
(Incorporated in the Cayman Islands with limited liability)
Stock Code: 1845
2019
Annual Report
CONTENTS
COMPANY PROFILE 2
CORPORATE INFORMATION 3
FINANCIAL SUMMARY 7
CHAIRMAN’S STATEMENT 8
MANAGEMENT DISCUSSION AND ANALYSIS 9
DIRECTORS AND SENIOR MANAGEMENT 27
CORPORATE GOVERNANCE REPORT 36
ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 52
DIRECTORS’ REPORT 72
INDEPENDENT AUDITOR’S REPORT 87
FINANCIAL STATEMENTS AND NOTES TO THE FINANCIAL 97
STATEMENTS
GLOSSARY 233
2019 ANNUAL REPORT 年報 1
COMPANY PROFILE
Weigang Environmental Technology Holding Group Limited (the 維港環保科技控股集團有限公司
“Company”) together with its subsidiaries (the “Group”) are the
leading comprehensive hazardous waste incineration turnkey 20 19
solution provider in China. As at 31 December 2019, the Group has 12 3 1 20
20 completed hazardous waste incineration projects with aggregate 435 ,000 18
designed disposal capac
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