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Binhu company makes debut on STAR market

Updated: 2020-07-27

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Delinhai gets listed on sci-tech innovation board on July 22. [WeChat account: wxbhfb]

Wuxi Delinhai Environmental Protection Technology Co Ltd was listed on the Shanghai Stock Exchange's sci-tech innovation board (known as the STAR market) on July 22, becoming the first company on the board in Binhu district, Wuxi.

Established in 2009, Delinhai is the first national high-tech enterprise specializing in the control of cyanobacteria and providing solutions for the emergency treatment of cyanobacteria outbreaks and headquarters in the resort area.

Delinhai has developed an algal-water separation system, vehicle-mounted algal water separation unit, and other cyanobacteria control technology and products, and has become a comprehensive cyanobacteria control service provider integrating technological development, solutions, system design, operation, maintenance, and monitoring.

In the past three years, the revenue of the company's two main businesses, cyanobacteria control technology and equipment integration as well as cyanobacteria control operation and maintenance services, increased by a factor of four and 2.2 times, respectively, contributing greatly to the company's development.

The money raised will be mainly devoted to a lake and reservoir eutrophication monitoring and warning project as well as a cyanobacteria disposal R&D center construction project, which will largely improve the development of cyanobacteria treatment technology and equipment, and improve the capacity of comprehensive services in the field of water ecological restoration.

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