Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Envirosuite has signed its first strategic cooperation agreement in China with Beijing BHZQ Environmental Technologies
  • The company will be BHZQ’s preferred supplier of environmental solutions to China
  • The companies will use Envirosuite’s platform to promote environmental management
  • Envirosuite’s shares are up 7.69 per cent, with shares trading at 35 cents apiece

Envirosuite has signed its first strategic cooperation agreement in China with Beijing BHZQ Environmental Technologies.

The companies will jointly and actively promote environmental management using Envirosuite’s platform to provide a market leading solution for the waste and water sector.

The aim is to improve operational, environmental and community outcomes in China and globally.

“The relationship with BHZQ provides a strong commercial case to extend our industry offering much deeper into the operations of our clients,” Envirosuite CEO Peter White said.

“This is where we see Envirosuite extending the value proposition from an environmental management solution to a core operational offering that offers a material and measurable ROI,” Peter continued.

Under the agreement, Envirosuite will be BHZQ’s preferred provider for monitoring, treatment and management of odour, air and noise, incident source identification and complaint management, risk management, and corrosion in collection and sewage systems.

“BHZQ is one of the most prominent innovative suppliers of solutions in the Environmental Protection sector and we manage a broad base of projects in which Envirosuite can participate,” BHZQ General Manager Zhigang Zhang said.

Together, the environmental technology companies will deliver existing projects and secure new ones to improve environmental outcomes across the utilities, mining, smart cities, heavy industry and industrial parks sectors.

Envirosuite’s shares are up 7.69 per cent, with shares trading at 35 cents apiece as at 1:52 pm AEDT.

EVS by the numbers
More From The Market Herald
Sprintex (ASX:SIX) - Managing Director & CEO, Jay Upton

" Sprintex (ASX:SIX) releases results from September quarter

Sprintex (SIX) has released its results from the 2021 September quarter.
Envirosuite (ASX:EVS) - CEO, Jason Cooper

" Envirosuite (ASX:EVS) increases ARR during September quarter

Envirosuite (EVS) managed to increase its annual recurring revenue (ARR) by 42 per cent over the September quarter.
Environmental Clean Tech (ASX:ECT) - Non-Executive Director, Tim Wise

" Environmental Clean Tech (ASX:ECT) announces board changes and $3m capital raise

Environmental Clean Tech (ECT) shares are trading up after the company announced a $3 million capital raise and several board changes.
Secos Group (ASX:SES) - Executive Chairman, Richard Tegoni

" Secos Group (ASX:SES) expects to post a $2.6m net profit for FY21

Secos Group (SES) expects to post a $2.6 million unaudited net profit in its FY21 annual report, a sharp turnaround from FY20’s loss.