According to Zhitong Finance App, Everbright Environment (00257.HK) announced that on October 23, 2026, the consortium (consortium formed by Everbright Environmental Protection China, China Construction Third Bureau and Guangzhou Huake) and Dongguan Cityscape and Sanitation Center signed a preliminary franchise agreement on the investment, financing, construction, operation and maintenance of the project. The project will be implemented using the build-own-operate-transfer (BOOT) model. The consortium will establish a new company as a project company to undertake the project, and will conclude a proposed shareholder cooperation agreement shortly before the project company is registered and established. After registration and establishment, the project company will enter into a formal franchise agreement with the Dongguan Urban Sanitation Center and assume the relevant rights and obligations of the consortium under the preliminary franchise agreement.

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