Successful Launch! The Greenverse Integrated Scheduled Waste Treatment Plant Project has been officially underwritten.

On January 17, 2025, China Export & Credit Insurance Corporation's Tianjin Branch facilitated the official underwriting of the Scheduled Waste Treatment Plant Project in Malaysia, undertaken by Tianjin Oubaiwei. This marks the successful implementation of the system's first mid-to-long-term buyer's credit insurance policy approved by a branch with its own authority. 

The project is invested by China Hyway Group Limited, constructed by Tianjin Oubaiwei Corp., Ltd., and financed by an internal syndicate composed of the Bank of China Malaysia Subsidiary and Bank of China Tianjin Branch, based on export buyer's credit insurance provided by China Export & Credit Insurance Corporation.

In recent years, Malaysia has faced increasing environmental pressures, with an urgent need to enhance industrial hazardous waste treatment capabilities. The Greenverse Environment Tech Integrated Scheduled Waste Treatment Plant Project is the Group's first “small yet beautiful” green environmental protection project that employs “RMB cross-border financing,” “integrated investment, construction, and operation,” and “Chinese equipment + Chinese standards.” Upon completion, the project will provide comprehensive resource utilization solutions for hazardous waste generated by Malaysia's petrochemical industry, promoting harmonious economic, environmental, and social development. It aims to achieve green circular economic growth and offers a “Chinese solution” for Malaysia's exploration of low-carbon, circular economic development models.