Tianjin Capital Environmental Protection Group Company Limited

What Tianjin Capital Environmental Protection Group Company Limited does

Tianjin Capital Environmental Protection Group Company Limited (天津创业环保集团股份有限公司) is a Chinese state-controlled, dual-listed (Shanghai A-share 600874; Hong Kong H-share 01065) environmental infrastructure operator headquartered in Tianjin. The company was formed in January 2001 from the restructuring of Bohai Chemical and rebranded to its current group structure in August 2008; Tianjin Chengtou Group indirectly holds 45.57% as the actual controller. As of end-2021, total assets stood at RMB 21.065 billion and net assets at RMB 7.12 billion, against registered capital of RMB 1.57 billion. Operations span 64 wholly-owned or controlling subsidiaries and 3 shareholding subsidiaries across 15 provinces and municipalities.

The company runs nine core businesses: sewage/wastewater treatment, reclaimed water, water supply, new energy cooling/heating supply, environmental technology products and services, third-party treatment, sludge treatment, hazardous waste treatment, and new industry chain extensions including environmental testing and sponge city construction. Underlying technology centers on a national-level R&D platform with proprietary invention patent ZL 2010 1 0192900.2 (full-process deodorization deployed in 54 plants serving 5.014 million m³/day), self-developed bio-enhanced microbial preparations, and integrated distributed sewage treatment equipment. Key operating subsidiaries include Tianjin Zhongshui Co., Ltd. (reclaimed water, 250,000 m³/day), Tianjin Kaiying Technology Development Co., Ltd. (NEEQ: 871226; environmental R&D), and Tianjin Jiayuan Xingchuang New Energy Technology Co., Ltd. (clean heating/cooling, 3.14 million m² served).

The business model is fundamentally B2G: subsidiaries hold long-term franchise and concession agreements with local governments, generating recurring revenue from volume-based water treatment fees, water supply service fees, and new energy service fees. Industrial clients (e.g., Bayannur 115,000 m³/day reclaimed water) and hazardous waste customers (Shandong 40,000 tons/year capacity) are billed on usage. Technology products (microbial agents, deodorization systems, integrated equipment) are sold to third parties, including deployments with Volkswagen and the Jinghang Highway. Distribution is direct-to-government under regulated pricing frameworks. Marketing relies on government tenders, industry exhibitions, and the corporate website (tjcep.com), rather than consumer-facing channels.

Name

Tianjin Capital Environmental Protection Group Company Limited

Legal name

天津创业环保集团股份有限公司

Website

https://tjcep.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Tianjin Capital Environmental Protection Group is a dual-listed Chinese state-controlled environmental infrastructure operator running municipal sewage treatment, reclaimed water, water supply, new energy cooling/heating, sludge and hazardous waste treatment, and environmental technology products across 15 provinces under long-term government concessions.

Ownership category

akta.pro rank

Product category

Environmental Services (Water and Wastewater Treatment)

NAICS

Sewage Treatment Facilities (22132), Hazardous Waste Treatment and Disposal (562211), Remediation Services (56291)

SIC

Electric, Gas & Sanitary Services (4900), Hazardous Waste Management (4955), Chemicals & Allied Products (2800)

akta.pro primary industry

Industrial Wastewater & Effluent Treatment Services (BPALAHAD)

akta.pro secondary industries

Municipal Wastewater & Sewage Treatment Chemicals (IMAEAJAB), Industrial Hazardous Waste Services (Manufacturing, Refineries, Metals, Automotive) (EUAIAFAG), Biocides & Disinfection Chemicals (Non-Agricultural) (IMAEAJAL)

Keywords

• Municipal sewage treatment
• Reclaimed water services
• Hazardous waste treatment
• New energy cooling heating
• Environmental technology products

Headquarters

HQ city

Tianjin

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Water Treatment Concession Fees: The company operates water treatment plants under franchise/concession agreements with local governments, charging treatment fees based on volume of water processed. Revenue is recurring based on guaranteed minimum treatment volumes under long-term contracts.
2. Reclaimed Water Sales: Produced reclaimed water is sold to users for purposes including municipal杂用, landscaping, landscape environments, and industrial circulating cooling. Operated through Tianjin Zhongshui Co., Ltd.
3. Water Supply Services: Tap water production and supply through subsidiaries, charging water supply service fees to end users.
4. New Energy Cooling/Heating Services: Clean energy supply services including shallow and deep geothermal energy and electricity for heating and cooling. Revenue from service fees based on area served.
5. Hazardous Waste Treatment: Industrial hazardous waste treatment services including incineration, physical-chemical treatment, and solidification systems. Shandong subsidiary operates treatment facilities with 40,000 tons/year capacity.
6. Environmental Technology Products and Services: Technology products including deodorization systems, microbial preparations, and integrated treatment equipment sold to external customers. Also provides technical services and third-party governance.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Tianjin Capital Environmental Protection Group operates municipal sewage and wastewater treatment plants, tap water production and supply facilities, reclaimed water production, hazardous waste treatment, sludge processing, and new energy (geothermal and electric) cooling/heating supply under long-term government franchise and concession agreements. The company also develops and sells proprietary environmental technology products — including patented deodorization systems, bio-enhanced microbial preparations, and integrated sewage treatment equipment — and provides third-party pollution treatment and environmental testing services to industrial and government clients. Operations span 15 provinces and municipalities in China, executed through 64 wholly-owned or controlling subsidiaries.

Product overview

Tianjin Capital Environmental Protection Group Company Limited is a comprehensive urban environmental protection service provider operating a platform-plus-services model. The company's portfolio centers around nine core businesses: sewage/wastewater treatment, reclaimed water, water supply, new energy cooling/heating supply, environmental technology products and services, third-party treatment, sludge treatment, hazardous waste treatment, and new industry chain extensions. Key technology products include the patented complete sewage plant deodorization technology, bio-enhanced microbial preparations, and integrated sewage treatment equipment. The group operates through wholly-owned and controlling subsidiaries including Tianjin China Water Co. Ltd (reclaimed water), Tianjin Kaiying Technology Development Co. Ltd (environmental R&D), and Tianjin Jiayuan Xingchuang New Energy Technology Co. Ltd (new energy supply), serving customers across 15 provinces and municipalities in China.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Sewage treatment capacity: 5.014 million cubic meters/day deployed with proprietary deodorization technology
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Zhongbei University (中北大学)minorStrategic or Co-development Partner · 27 April 2026Cooperation with Zhongbei University for environmental industry talent cultivation and technology achievement transformation. Established 'Environmental Engineering Teaching and Training Practice Base' at the company's training center. Joint talent training, customized internal training, and technology research projects.
• Beijing OriginWater Technology Co., Ltd. (北京碧水源科技股份有限公司)coreStrategic or Co-development Partner · 1 January 2018Kaiying Technology (天津凯英科技发展股份有限公司), a subsidiary of the group, introduced Beijing OriginWater Technology (A-share: 300070) as a strategic partner in 2018, successfully completing mixed-ownership reform. OriginWater brings capital and technology resources to the subsidiary.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Canvest Environmental Protection Group Company Limited: Hong Kong-listed (1374.HK) environmental services platform with waste-to-energy and integrated waste management operations across China. Comparable environmental services scale and government-customer base, though more weighted toward solid waste.
• China Everbright Water Limited: Hong Kong-listed (1857.HK) water environment company operating municipal wastewater treatment, water supply, sponge city, and related projects across China under government concessions. Closely comparable business model and project portfolio.
• Beijing Enterprises Water Group Limited: Largest Hong Kong-listed water utility (0371.HK) operating municipal wastewater treatment, water supply, and reclamation projects across China. Directly comparable platform-plus-services model with state-backed concessions and recurring revenue streams.
• China Water Affairs Group Limited: Hong Kong-listed (0855.HK) integrated water utility operating municipal water supply and wastewater treatment across multiple Chinese provinces. Comparable franchise-based recurring revenue model with similar customer mix.
• Soundwill Environmental Group Limited: Hong Kong-listed environmental services and water treatment operator serving municipal and industrial clients in mainland China. Comparable franchise-style operating model with recurring fee-based revenue.
• Beijing OriginWater Technology Co., Ltd. Major A-share-listed (300070.SZ) water and wastewater treatment specialist with proprietary membrane technology. Direct peer in industrial and municipal wastewater; also a strategic partner in Tianjin Capital's Kaiying subsidiary following the 2018 mixed-ownership reform.

Regional players

• Chongqing Water Group Co., Ltd. A-share-listed (601158.SH) municipal water supply and wastewater treatment operator headquartered in Chongqing. Similar SOE-backed concession structure but operates primarily in a different region from Tianjin Capital's footprint.
• Ranhill Utilities Berhad: Malaysian-listed water treatment and wastewater utility operating municipal and industrial water concessions across Southeast Asia. Comparable utility business model serving similar municipal and industrial customers, though in a different geography.

Broad incumbents

• CITIC Envirotech Ltd (formerly United Envirotech): Broad environmental technology and engineering services group with significant water/wastewater focus. Larger diversified player offering design, build, and operate services that competes for the same municipal and industrial tenders.
• Guangdong Investment Limited: Hong Kong-listed (0270.HK) conglomerate with substantial water utility operations through its Dongshen Water subsidiary. Recurring utility-style revenue profile from long-dated raw water and supply concessions, though within a broader corporate portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tianjin-capital-environmental-group-protection-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tianjin Capital Environmental Protection Group Company Limited