Beijing SPC Environment Protection Tech

What Beijing SPC Environment Protection Tech does

Beijing SPC Environment Protection Tech Co., Ltd. (北京清新环境技术股份有限公司), traded as 002573.SZ on the Shenzhen Stock Exchange, is a mixed-ownership environmental services company operating under state-owned Sichuan Development (Holding) since 2019. Founded in 2001 by Zhang Kaiyuan and headquartered in Beijing's Haidian District, the company organizes operations around three business segments: Industrial Environmental Protection (industrial flue gas treatment, desulfurization, denitrification, dust removal), Municipal Environmental Protection (urban and rural water supply, drainage, sewage treatment through subsidiaries Guorun Water and Shenshui Consulting), and Industrial Energy Saving and Comprehensive Energy Services (waste heat utilization across 9 provinces).

The company's core proprietary technology is the SPC-3D single-tower integrated desulfurization and dust removal system, which has been applied to hundreds of thermal power units and broke foreign technology monopolies when commercialized. Additional proprietary capabilities include zero liquid discharge wastewater treatment, flue gas water recovery (for coal-rich water-scarce regions), active coke dry flue gas purification, multi-pollutant integrated purification (GST), and heavy metal wastewater treatment. The company holds 867 patents (100+ invention patents, 13 PCT applications, 300+ software copyrights) and has contributed to 60+ national and industry standards.

The business model combines multiple monetization streams: EPC general contracting for new build and retrofit environmental projects, BOT/BOO long-term operations for third-party pollution treatment facilities, managed services for operating desulfurization/denitrification installations (20 projects, 3.1 billion kW thermal power capacity managed), equipment manufacturing (SPC core equipment, demisters, tower trays), municipal water operations (40+ projects, 880 million tons/year sewage treatment capacity), waste heat power generation, and steel scrap recycling (added in 2021 via Dingye Renewable Resources acquisition). Customers are predominantly large state-owned enterprises across power generation, steel, non-ferrous metals, building materials, and coking industries, with international expansion into India, Pakistan, Turkey, South Korea, Southeast Asia, Brazil, and Poland. The company employs approximately 7,000 staff across 100+ subsidiaries and reported 2025 revenue of 9.112 billion CNY.

Name

Beijing SPC Environment Protection Tech

Legal name

北京清新环境技术股份有限公司 (Beijing Qingxin Environment Technology Co., Ltd.)

Website

https://qingxin.com.cn

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Beijing SPC Environment Protection Tech (002573.SZ) is a Chinese state-controlled environmental services company providing industrial flue gas treatment, municipal water/wastewater operations, and industrial energy saving services to state-owned power, steel, and non-ferrous metal enterprises domestically and across 9+ countries internationally.

Ownership category

akta.pro rank

Headquarters

HQ city

Haidian

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 工程总承包（EPC）: 承接烟气治理、脱硫脱硝除尘等环保工程的EPC总承包业务，包括新建和改造项目，是公司核心收入来源之一。
2. BOT/BOO运营模式: 通过建设-运营-移交（BOT）模式承接第三方污染治理项目，长期运营环保设施获取稳定运营收益。
3. 第三方治理运营服务: 为电厂及工业企业提供脱硫脱硝除尘设施的第三方运营管理服务，收取运营服务费。
4. 节能环保装备制造: 生产和销售SPC系列节能环保核心装备，包括SPC-3D核心设备、旋汇耦合装置、管束式除尘除雾器等。
5. 市政供排水运营: 通过子公司国润水务和深水咨询开展城乡供排水运营、水务市政设施运营、污水处理等业务。
6. 余热利用及综合能源服务: 余热发电项目投资运营，回收水泥、钢铁等生产过程中的余热进行发电。
7. 2025年营业收入: 清新环境2025年营收实现91.12亿元。

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Beijing SPC Environment Protection Tech is an integrated environmental service group that delivers industrial flue gas treatment (desulfurization, denitrification, dust removal), municipal water supply and wastewater treatment operations, and industrial energy-saving/waste heat utilization projects. The company executes these offerings via EPC general contracting, BOT/BOO project models, and third-party operations management for power, steel, non-ferrous metals, building materials, and chemical industries. It also manufactures proprietary core equipment (SPC series) and supports all operations with a centralized remote monitoring and diagnostic platform.

Product overview

Beijing SPC Environment Protection Tech Co., Ltd. (北京清新环境技术股份有限公司) is a mixed-ownership listed company under Sichuan Development (Holding) Group. The company offers a multi-segment environmental protection service portfolio organized around three core business segments: Industrial Environmental Protection (工业环保), Municipal Environmental Protection (市政环保), and Industrial Energy Saving and Comprehensive Energy Services (工业节能及综合能源服务). The Industrial segment provides flue gas treatment for power, steel, petrochemical, non-ferrous metals, building materials, papermaking, coking, and carbon industries with proprietary technologies including SPC-3D single-tower integrated desulfurization, zero liquid discharge, and waste heat recovery systems. The Municipal segment operates water supply and drainage services through subsidiaries Guorun Water and Shenshui Consulting, managing over 40 projects with smart water management capabilities. The Energy Saving segment, operated through Beijing Qingxin Environment Energy Technology, focuses on waste heat utilization across 9 provinces. The company also expanded into steel scrap recycling resource utilization in 2021. Core proprietary technologies include SPC-3D, waste heat power generation, wastewater zero discharge, and various denitration and dust removal solutions, supported by a remote monitoring platform for centralized operations management.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Environmental Protection Services Industrial environmental services covering flue gas treatment, industrial energy saving, and comprehensive environmental management for power, steel, petrochemical, non-ferrous metals, building materials, papermaking, coking, and carbon industries. Includes EPC general contracting, BOT/BOO project operation, and third-party operations management. Operates 20 desulfurization and denitration dust removal projects with 3.1 billion kW thermal power installation base and 288.5 MW industrial energy-saving installation base.
• Municipal Water Supply and Drainage Operations Urban-rural water supply and drainage, municipal water facility operations, sewage treatment, pipe network maintenance, smart water management, watershed water treatment, and urban/park heating services. Manages over 40 water supply and drainage projects with designed water supply capacity of approximately 300 million tons/year and sewage treatment capacity of approximately 880 million tons/year.
• Industrial Energy Saving and Waste Heat Utilization Services Waste heat utilization and integrated energy services for building materials, carbon, steel, and coke dry quenching industries using 'environmental protection +' coordination model. Operates over 20 waste heat utilization projects across 9 provinces and autonomous regions, recovering waste heat from cement, steel and other production processes for power generation.
• Steel Scrap Recycling and Resource Utilization Waste steel recycling and resource utilization business with annual processing capacity of 2 million tons and annual CO2 emission reduction of 2.8 million tons, located in Tangshan Luanan Zuidong Industrial Park.
• Energy-saving Environmental Protection Equipment Manufacturing Manufacture and sale of SPC series core energy-saving environmental protection equipment, including SPC-3D core equipment, vortex coupling devices, tubular dust removal/demister units, SPC vortex enhanced tower trays, and centrifugal liquid film wide-load high-efficiency demisters.
• Third-Party Environmental Operations Management

Quantifiable outcome

• 火电装机超3.1亿千瓦实现超低排放
• +5 more outcomes

Named customers20 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered 核心, 重要 and 一般.

• 四川发展（控股）有限责任公司核心Strategic or Co-development Partner2019年加入四川发展（控股）公司，成为国资控股的混合所有制上市公司，四川发展是四川省国有资本运营公司，为公司提供国资平台支持和战略资源。
• 四川发展国润水务投资有限公司核心Strategic or Co-development Partner全资子公司，专注城乡供排水业务、水务市政设施运营、污水处理、管网运维、智慧水务、流域水治理等市政环保业务。
• 深圳市深水水务咨询有限公司重要Strategic or Co-development Partner控股子公司，提供供排水运营和咨询服务，具备工程勘察专业类甲级资质等多项专业资质。
• 北京清新环境节能技术有限公司重要Strategic or Co-development Partner全资子公司，运营工业节能及综合能源服务业务板块，涵盖余热利用及综合能源服务。
• 北京铝能清新环境技术有限公司核心Strategic or Co-development Partner与央企中国铝业合资成立，专注有色金属行业环保治理，运营中铝旗下火电机组环保资产。
• 北京清新环境大气技术有限公司核心Strategic or Co-development Partner全资子公司，专注工业烟气治理和大气污染控制技术，提供脱硫脱硝除尘等综合解决方案。
• 华北电力大学重要Strategic or Co-development Partner联合申报国家科学技术进步奖二等奖，联合培养博士后研究人员，在燃煤烟气治理领域开展产学研合作。
• 华中科技大学重要Strategic or Co-development Partner联合申报国家科学技术进步奖二等奖，共同开展硫氮污染物超低排放协同控制技术研发。
• 鼎业再生资源回收利用有限公司重要Strategic or Co-development Partner收购鼎业公司部分资产，开展废钢回收资源利用项目，位于唐山市滦南县嘴东工业园区，年废钢处置能力200万吨。
• 德国合作方（船用环保合资公司）重要Strategic or Co-development Partner2018年在德国共同发起设立合资公司，专注于船用环保解决方案，顺应国际海运环保趋势。
• 北京志能祥赢节能环保科技股份有限公司一般Strategic or Co-development Partner2019年签订合作协议，拟在工业企业脱硫脱硝、除尘、消白、废水处理等业务领域开展合作，共同服务钢铁等工业企业。
• 葛洲坝水泥有限公司技术咨询分公司重要Implementation/ SI/ Consulting Partner在西藏昌都高争建材余热发电项目中联合组建技术服务团队，负责调试和技术支持工作。

Scale indicators20 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Everbright Environment (中国光大环境): Hong Kong-listed (00257.HK) state-owned comprehensive environmental services group spanning waste-to-energy, water, and environmental remediation; overlaps with Qingxin on industrial flue gas and adjacent municipal environmental segments.
• China Tianying (中国天楹): A-share-listed (000035.SZ) comprehensive environmental services group spanning waste-to-energy, environmental equipment, and urban services; competes in adjacent environmental equipment and municipal waste segments.
• CECEP Tech & Ecology (中节能生态/中环装备): Subsidiary of CECEP (China Energy Conservation and Environmental Protection Group), a major central SOE; competes across industrial environmental equipment, water, and solid-waste segments with a much broader portfolio than Qingxin.

Direct peers

• Beijing Enterprises Water Group (北控水务集团): Hong Kong-listed (00371.HK) leader in municipal water and wastewater treatment in China; directly comparable to Qingxin's Guorun Water and Shenshui Consulting subsidiaries on municipal water-supply and sewage concession projects.
• Yantai Longyuan Power Technology (烟台龙源电力技术): Listed power-technology specialist focused on denitration, boiler efficiency, and flue gas treatment for coal-fired units; competes directly with Qingxin's SPC-3D SCR/denitration offerings for state-owned power-plant customers.
• Longking Environmental Protection (龙净环保): Shanghai-listed (600388.SH) and historically the largest direct competitor to Qingxin in industrial flue gas treatment (FGD/SCR/dust removal) for thermal power in China; competes head-to-head for the same SOE power-group EPC and operating contracts.

Regional players

• Canvest Environmental Protection Group (粤丰环保): Hong Kong-listed (01381.HK) waste-to-energy and municipal environmental services operator in southern China; comparable on municipal environmental and waste-utilization segments, less so on industrial flue gas.
• Chongqing Water (重庆水务): A-share-listed (601158.SH) municipal water and sewage operator in southwest China; comparable to Qingxin's Guorun Water segment on regulated urban water-supply concessions and sewage treatment operating models.

Others

• China Aluminum Corporation — environmental assets (中铝集团环保资产): Central SOE and Qingxin's JV partner via Beijing Lvnon Qingshen; operates its own captive flue gas and wastewater treatment for non-ferrous smelting, making it a customer-cum-strategic-partner rather than pure competitor.
• Sungrow Renewable Energy Power Supply Technology (阳光电源 — environmental adjacent): Adjacent/new-energy ecosystem company providing power-electronics and energy-management solutions; tangential adjacency given Qingxin's growing AI/digital-innovation awards and remote-monitoring platform overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/beijing-spc-environment-protection-tech-co-ltd-

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries12 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 Beijing SPC Environment Protection Tech