Zhongde Waste Technology Ag successfully signed a contract for a new large-size Engineering-Procurement-Construction (EPC) project with the Inner Mongolian company Wuhai Lanyi Environment Protection Electricity Company Ltd. The contract for the new energy-from-waste plant located in Wuhai City in Inner Mongolia has a total contract amount of about EUR 49.4 million (RMB 399.8 million) including Value Add Tax. The planned large-scale EPC project in Wuhai will have a daily waste disposal capacity of 1,000 tons per day and will positively impact the order backlog of ZhongDe Waste Technology in the second quarter of the current financial year 2013. The construction start of the plant is scheduled for 2013.

Furthermore the company expects the project to contribute to ZhongDe's group revenues in the financial year 2013.