Tianjin Teda
Tianjin Teda Resource Recycling Group Co., Ltd. is a Chinese publicly listed conglomerate operating in waste-to-energy, new materials, energy trading, equity investment, and new energy. Its core subsidiary provides municipal solid waste processing and power generation services across multiple Chinese provinces and selected international markets.
- Company typePublic
- Founded1992
- HeadquartersTanggu, China
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Tianjin Teda does
Tianjin Teda Resource Recycling Group Co., Ltd. (天津泰达资源循环集团股份有限公司), listed on the Shenzhen Stock Exchange under stock code 000652, is a Chinese diversified conglomerate controlled by Tianjin Teda Investment Holdings Co., Ltd. (泰达控股), a state-owned enterprise that holds a 33.74% stake. The company was founded in 1992 and is headquartered in the Tianjin Binhai New Area. It operates across five business segments: ecological environmental protection, new materials, energy trade, equity investment, and new energy, with operating geographies spanning North and East China and select international markets.
The company's core technology platform is built around municipal solid waste (MSW) processing and resource recycling, anchored by its 99.94%-owned subsidiary Tianjin Teda Environmental Protection Co., Ltd. This subsidiary operates waste incineration power generation facilities in Tianjin (Shuanggang, Guanzhuang), Yangzhou (Jiangsu), Dalian (Liaoning), and biomass/straw incineration power generation projects in Zunhua, Pingquan, and Gucheng (Hebei). Other technology platforms include clean materials and filtration production through 100%-owned Tianjin Teda Clean Materials Co., Ltd. (serving military and export markets with insulation, air/liquid filtration materials, and non-woven fabrics), petroleum and chemical product trading via Tianjin Teda Energy Group, and a 27.04% strategic stake in Bohai Securities.
The revenue model is segmented and diversified, but anchored in B2G contracts with municipal governments and environmental bureaus for waste management and power generation services. The company operates through wholly-owned and majority-controlled subsidiaries, distributing services through direct enterprise field sales to government and institutional customers. Recent strategic moves include a 10 billion RMB capital injection from the controlling shareholder into Teda Environmental Protection (December 2025), international expansion into Egypt and Indonesia for waste-to-energy projects, a strategic partnership with Sinopec Natural Gas, and dual green bond issuances to finance the resource recycling transition.
Tianjin Teda firmographics
Firmographics- Name
- Tianjin Teda
- Legal name
- 天津泰达资源循环集团股份有限公司
- Website
- https://tedastock.com
- Company type
- Public
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Tianjin Teda Resource Recycling Group Co., Ltd. is a Chinese publicly listed conglomerate operating in waste-to-energy, new materials, energy trading, equity investment, and new energy. Its core subsidiary provides municipal solid waste processing and power generation services across multiple Chinese provinces and selected international markets.
- Ownership category
- akta.pro rank
Tianjin Teda industry classification
Industry- Product category
- Waste-to-Energy and Environmental Services
- NAICS
- Solid Waste Combustors and Incinerators (562213), Solid Waste Landfill (562212)
- akta.pro primary industry
- Industrial & Commercial Waste Incineration (Non-hazardous) (EUAAAKAC)
Keywords
Where Tianjin Teda is headquartered
LocationHeadquarters
- HQ city
- Tanggu
- HQ country
- China
- HQ region
- Asia
Offices2 records
Markets served
Tianjin Teda business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Ecological Environmental Protection: Revenue from waste incineration power generation, waste landfilling, and related environmental services through subsidiary Tianjin Teda Environmental Protection Co., Ltd.
- Energy Trade: Petroleum product trading and chemical product wholesale operations through subsidiary Tianjin Teda Energy Group.
- New Materials: Production and sales of new materials including clean materials and filtration products through Tianjin Teda Clean Materials Co., Ltd.
- Equity Investment: Returns from equity investments including 27.04% stake in Bohai Securities.
- New Energy: New energy sector operations as part of the company's diversified business portfolio.
- Regional Development: Urban development and infrastructure construction through Nanjing New City Development Co., Ltd. and扬州广陵新城 project.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Tianjin Teda product offering
Product offeringCore offering
Tianjin Teda is a diversified holding company that fundamentally operates municipal solid waste incineration power generation, waste landfilling, and biomass/straw incineration power generation projects through its core subsidiary Tianjin Teda Environmental Protection. It additionally produces clean filtration and insulation materials through Tianjin Teda Clean Materials, conducts petroleum and chemical product trading through Tianjin Teda Energy Group, manages equity investments (notably Bohai Securities), and runs regional urban development through Nanjing New City Development.
Product overview
Tianjin Teda Resource Cycle Group Co., Ltd. is a diversified holding company with multiple business segments. The company operates through its core segments: Ecological Environmental Protection (waste-to-energy and biomass power generation), New Materials, Energy Trade (petroleum products), Equity Investment (financial holdings), and New Energy. Key subsidiaries include Tianjin Teda Environmental Protection Co., Ltd. (waste incineration and environmental projects) and Tianjin Teda Clean Materials Co., Ltd. (filtration and insulation materials). The company has strategic investments in regional development projects and financial institutions.
Differentiator
Problem solved
Functional benefit
Brands
- Teda Environmental Protection (泰达环保): Core subsidiary focused on waste-to-energy,垃圾焚烧发电,垃圾综合填埋 and秸秆焚烧发电 projects including Tianjin Shuangang, Yangzhou, Dalian, and other locations
- Teda Clean Materials (泰达洁净)
- Nanjing New City (南京新城)
Products and services
- Ecological Environmental Protection (生态环保) - Waste-to-Energy Power Generation Waste incineration power generation services that convert municipal solid waste into electricity, operated across multiple Chinese provinces via the Tianjin Teda Environmental Protection Co., Ltd. subsidiary. Serves municipal governments and environmental bureaus under long-term service agreements.
- Waste Landfilling Services Complimentary municipal solid waste landfilling services operated as part of the integrated environmental protection portfolio for urban waste management customers.
- Biomass (Straw) Incineration Power Generation Power generation through incineration of agricultural straw waste, with operational projects in Zunhua, Pingquan, and Gucheng in Hebei province, providing renewable energy from biomass feedstock.
- Clean Filtration and Insulation Materials Manufacturing and sales of clean materials and filtration products including insulation materials, air and liquid filtration materials, and non-woven fabrics, produced by Tianjin Teda Clean Materials Co., Ltd. for industrial customers and military/export markets.
- Petroleum and Chemical Product Trading Wholesale trading of petroleum products (fuel oil, gasoline, diesel) and chemical products through Tianjin Teda Energy Group, with operations including fuel retail and storage.
- Equity Investment / Strategic Financial Holdings Strategic financial investments in securities firms (including a 27.04% stake in Bohai Securities) and other equity positions, generating investment returns as a separately disclosed business segment.
- Regional Urban Development and Infrastructure Regional urban development and infrastructure construction services including the Yangzhou Guangling New Town (扬州广陵新城) project, delivered through Nanjing New City Development Co., Ltd. (51% owned).
Companies that use Tianjin Teda
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles2 records
Tianjin Teda technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Tianjin Teda partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Sinopec Natural Gas (中国石化天然气)coreTianjin Teda entered into an agreement with Sinopec Natural Gas. The partnership was announced by Binhai Investment and represents a strategic collaboration in the natural gas sector.
- Nahdet Misr (Egypt)coreTianjin Teda Environmental Protection signed a trilateral MOU with Alexandria Governorate of Egypt and Nahdet Misr company during the China-Egypt Investment Forum for construction of urban solid waste power generation project.
- PT Danantara Investment Management (Indonesia)minorTianjin Teda was selected as a provider in the partner selection list for an environmentally friendly waste processing technology into electricity project in Indonesia, managed by PT Danantara Investment Management.
- Beijing Jingcheng Machinery Holdings (京城机电)coreStrategic cooperation agreement signed in 2012 with Beijing Jingcheng Machinery Holdings for potential acquisition of Tianjin Teda Environmental Protection. The partnership was intended to transfer environmental protection business but ultimately did not proceed.
Scale indicators4 records
Expansion highlights5 records
Tianjin Teda competitors and assessment
Company assessmentBroad incumbents
- Beijing Enterprises Holdings: Large diversified Chinese conglomerate with significant waste-to-energy and environmental operations. Comparable to Tianjin Teda because it combines waste-to-energy assets with other utilities and infrastructure investments under a state-linked parent.
- China Everbright Environment Group: Hong Kong-listed and the largest waste-to-energy operator in China. Directly comparable because both companies operate municipal solid waste incineration power generation fleets with the same business model, regulated tariffs, and government-backed contracts.
Direct peers
- Sound Environmental Resources (Huanlan Environment): Pure-play Chinese waste-to-energy and environmental services company. Comparable to Tianjin Teda Environmental Protection because it runs municipal solid waste incineration plants, biomass/energy projects, and sells power to the grid under similar regulatory frameworks.
- China Tianying Inc. Chinese waste management and environmental services company with waste-to-energy and equipment manufacturing businesses. Comparable because both companies integrate solid waste processing with power generation and pursue similar end-to-end environmental solutions.
- Dynagreen Environmental Protection Group: Chinese waste-to-energy specialist listed in Hong Kong. Directly comparable as both companies build and operate municipal solid waste incineration power plants in multiple Chinese provinces and earn revenues from grid electricity sales plus government tipping fees.
- Shanghai Environment Group: State-owned Shanghai-based waste-to-energy and environmental services operator. Comparable because both companies operate municipal solid waste incineration power plants, waste transfer stations, and biomass projects under government concession arrangements.
- Beijing Capital Co. (首创股份): Major Chinese environmental services company with waste-to-energy and solid waste operations. Comparable because both companies compete for municipal waste-to-energy concessions in China and pursue similar environmental protection business strategies.
Regional players
- Shenzhen Energy: Large Shenzhen-based power generator with growing waste-to-energy operations in southern China. Comparable because it combines conventional power with municipal waste incineration power generation under a similar state-owned shareholder governance model.
Others
- China Tian Yuan Healthcare / Tianying Capital-style diversified groups: Chinese listed diversified holding companies with mixed environmental, energy, and real estate exposure. Adjacent peer because Tianjin Teda's combination of WTE, energy trading, new materials, equity investment, and regional development mirrors the conglomerate holding structure of such diversified Chinese listed names.
- Beijing Jingcheng Machinery & Electric Holdings: Beijing-listed equipment manufacturer that signed a 2012 strategic agreement to potentially acquire Tianjin Teda Environmental Protection. Adjacent peer because it operates in environmental protection equipment and was a near-term M&A counterparty for the company's core WTE subsidiary.
Market position
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Tianjin Teda social profiles
Digital presenceTianjin Teda financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tianjin Teda leadership team
Management profileNumber of profiles
Profiles12 records
Tianjin Teda subsidiaries and ownership
Company hierarchySubsidiaries8 records
Tianjin Teda funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tianjin Teda M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tianjin Teda
What does Tianjin Teda do?
Tianjin Teda is a diversified holding company that fundamentally operates municipal solid waste incineration power generation, waste landfilling, and biomass/straw incineration power generation projects through its core subsidiary Tianjin Teda Environmental Protection. It additionally produces clean filtration and insulation materials through Tianjin Teda Clean Materials, conducts petroleum and chemical product trading through Tianjin Teda Energy Group, manages equity investments (notably Bohai Securities), and runs regional urban development through Nanjing New City Development.
Is Tianjin Teda a public or private company?
Tianjin Teda is a public company. It is classified as public and is currently operating.
When was Tianjin Teda founded?
Tianjin Teda was founded in 1992. It employs 1,001 to 5,000 people.
Where is Tianjin Teda based?
Tianjin Teda is headquartered in Tanggu, China, in the Asia region.
How does Tianjin Teda make money?
Six revenue lines are on record. Ecological Environmental Protection is the primary driver. The others are energy Trade, new Materials, equity Investment, new Energy and regional Development.
Who are Tianjin Teda's main competitors?
Broad incumbents on record are Beijing Enterprises Holdings and China Everbright Environment Group. Direct peers are Sound Environmental Resources (Huanlan Environment), China Tianying Inc., Dynagreen Environmental Protection Group, Shanghai Environment Group and Beijing Capital Co. (首创股份). Shenzhen Energy is listed as a regional player. Others are China Tian Yuan Healthcare / Tianying Capital-style diversified groups and Beijing Jingcheng Machinery & Electric Holdings.
Does Tianjin Teda have an API?
No public API is recorded for Tianjin Teda.
What industry is Tianjin Teda in?
Tianjin Teda's product category is Waste-to-Energy and Environmental Services. Its primary akta.pro industry code is EUAAAKAC, Industrial & Commercial Waste Incineration (Non-hazardous). Its NAICS code is 562213.