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Lianhe Technology Co., Ltd. (Lianhetech) announced on December 9, 2017 that its wholly-owned subsidiary, Jiangsu Lianhe Technology Co., Ltd. (Jiangsu Lianhe) intended to construct Xiangshui hazardous waste landfill project in Xiangshui Industrial Economic Zone in Yancheng with total estimated investment of USD75.6 million. Lianhetech expressed that the investment was a brand-new attempt for company to enter the environmental protection industry.
On 23 February, 2017, Lianhe Chemical Technology Co., Ltd. (Lianhetech) announced that it acquired 100% stake in Project Bond Holdco Limited (Bond Holdco) through Project Quartz Bidco Limited, a UK-based subsidiary of Lianhetech, which is expected to pay for £ 103 million.
According to the financial report released by Lianhe Chemical Technology Co., Ltd. (Lianhetech), it made the revenue of USD648.7 million in 2014, up by 18.6% YoY, of which the net profit reached USD89.6 million, up by 22.6% YoY.