Luwang, January 30 (Reporter Wang Yaqian) Today, the reporter learned from the National Small and Medium-sized Enterprise Share Transfer System (New Third Board) that Qingdao Xinzhi Environmental Protection Technology Co., Ltd. (Xinzhi Environmental Protection.836780.OC) issued the resolution announcement of the first extraordinary shareholders' meeting in 2018.

In order to further improve the level of standardized operation of the company, according to the development situation, The New Environmental Protection has revised the Articles of Association of the Company, and deliberated and passed the Proposal on Amending the Articles of Association of the Company, the Proposal on Amending the Articles of Association of the Company (2), and the Proposal on the Company's Application for Loans from Banks for Mortgaged Real Estate.
The announcement shows that in order to supplement the company's working capital, meet the company's business development and normal production and operation needs, and promote sustained, stable and healthy development. Xinzhi Environmental Protection plans to apply for a loan of 10 million yuan from the Jiaozhou branch of Qingdao Rural Commercial Bank with its own land and plant mortgage.
On August 29, 2017, Xinzhi Environmental released its 2017 semi-annual report, which showed that in the first half of 2017, Xinzhi Environmental's operating income was 76.6156 million yuan, an increase of 270.94% year-on-year, and net profit was 8.5413 million yuan, an increase of 797.20% year-on-year.
It is worth noting that as of June 30, 2017, the total liabilities of Xinzhi Environmental Protection were 41.921 million yuan, an increase of 12.4224 million yuan over the beginning of the period, an increase of 42.12% over the beginning of the period. According to Shinnoichi Environmental Protection, the increase in total liabilities was mainly due to the increase in short-term borrowings due to the expansion of business volume, and the increase in advance receipts from customers due to the increase in customer orders.
According to public information, it was established on February 7, 2007, with a registered capital of 39.858 million yuan, and its registered address is located in Licha Industrial Park, Licha Town, Jiaozhou City, Qingdao City, with the legal representative being Gong Jieka and the controlling shareholder being Zhang Haigang, with a shareholding ratio of 54.01%. The actual controllers are Zhang Haigang and Lu Zeng. The company's predecessor was "Qingdao Santai Plastic Products Co., Ltd.", on December 4, 2015, the company as a whole changed to establish "Qingdao Xinzhi Environmental Protection Technology Co., Ltd." The company's main business is the recycling of post-consumer polyethylene, that is, the recycling, processing, production and sales of polyethylene. On April 14, 2016, the new environmental protection was listed on the new third board foundation layer.