Xiamen Huntkey Energy Co., Ltd.'s IPO on the Shanghai Stock Exchange has been terminated. Its main businesses include the incineration and power generation of household waste, and the disposal of industrial hazardous waste.

On March 31, Xiamen Municipal Government Environment and Energy Co., Ltd. (referred to as Xiamen Environment and Energy) terminated its IPO on the Shanghai Stock Exchange. This was due to Xiamen Municipal Government Environment and Energy Co., Ltd. and its sponsors withdrawing their application for listing. According to relevant provisions of the "Shanghai Stock Exchange Stock Listing Review Rules" Article 63, the Shanghai Stock Exchange terminated the listing review. According to the prospectus, the company has been rooted in China's environmental energy field for a long time, with main businesses including municipal solid waste incineration power generation, industrial hazardous waste disposal, medical waste disposal, kitchen waste disposal, leachate treatment, ecological landfill, marine environmental sanitation, and garbage compression transfer, forming a profitable model mainly based on revenue from municipal solid waste treatment, hazardous waste disposal business, and environmental comprehensive treatment business. The garbage to be disposed of in the company's solid waste disposal projects is mainly provided by local government departments or businesses, and does not need to be purchased or included in the company's raw material procurement costs. The main raw materials of the company include calcium hydroxide, liquid acetic acid, chelating agents, activated carbon, urea, etc., primarily used for daily project operation consumption. The main energy sources are water, electricity, natural gas, diesel, etc. needed for project operation. The company's main raw materials and energy supply are ample and can meet the company's daily operational requirements. After deducting issuance expenses from the funds raised in this offering, the company will invest in the following projects: