Zhejiang Weiming Environment Protection (603568.SH)Consortium wins bid for Indonesian waste incineration power generation project.

Zhejiang Weiming Environment Protection(603568.SH) announced that on March 2, 2026, the company received a notice of winning bid from Indonesia's sovereign investment fund PT Danantara Investment Management (referred to as "DIM"), confirming the company as the lead member of the Weiming Nusantara Energy Alliance Consortium for the Bali project. The project plans to construct a waste incineration and power generation facility with a capacity of approximately 1,500 tons per day. The construction period is about 2 years, with an operational cooperation period of 30 years after the commercial operation of the project. Winning the bid for the Bali project signifies an important breakthrough for the company in the Indonesian market, allowing for the export of advanced waste treatment technology and management expertise overseas to support green cooperation under the "Belt and Road" initiative. It also expands the company's business scale in waste treatment, solidifies its market position in the environmental protection field, and injects new momentum into future revenue growth. The Bali project's winning bid will not have a significant impact on the company's operating performance in 2026, but its implementation will have a positive impact on the company's future business development and performance improvement.