Bank of China Tianjin Branch and Bank of China Malaysia Form a Joint Delegation to Visit the Site of the Malaysian Greenverse Environment Tech Integrated Scheduled Waste Treatment Plant Project

On September 11, 2025, Bank of China Tianjin Branch and Bank of China Malaysia formed a joint delegation to visit the site of the Malaysian Greenverse Environment Tech Integrated Scheduled Waste Treatment Plant Project for inspection and exchange. The inspection team included Wang Peng, General Manager of Corporate Finance and Investment Banking Department of Bank of China Tianjin Branch, Chen Zhen, President of Bank of China Tianjin Binhai Branch, Zhao Ruisong, General Manager of Bank of China Malaysia, and other representatives. This inspection aimed to comprehensively understand the project progress, operational status, and financing fund utilization, further consolidating bank-enterprise cooperation and jointly planning new development chapters. Liu Daiwen, Chairman of China Hyway Group Limited, Si Xubin, Vice President of China Hyway Group Limited, and Wang Xiguang, CEO of GREENVERSE HOLDING SDN. BHD. and others accompanied the delegation throughout the visit.

The delegation toured the plant laboratory and gained detailed understanding of key facilities including the vibrating screen preprocessing system, oil sludge pyrolysis system, waste oil distillation system, oil storage and transportation system, and wastewater treatment system, as well as various advanced technologies, operating principles, and process flows used for monitoring and analyzing hazardous waste components, product quality, and environmental indicators.

During the symposium, Chairman Liu Daiwen welcomed the delegation. CEO Wang Xiguang reported to the delegation on the operational status and future development plans of Phase I since trial production began, and introduced the preparation progress, funding requirements, and market prospects of Phase II. He particularly expressed gratitude for the Bank of China's valuable trust and financial support, stating that the efficient financial services provided solid funding guarantee for the project's rapid advancement.

Bank of China leadership indicated that this inspection and exchange activity not only strengthened mutual trust and understanding between the bank and enterprise, but also laid a solid foundation for the next phase of financing arrangements and deeper cooperation. Both parties reached a consensus to maintain close communication, continuously optimize the green finance service system, and help projects like the Malaysian Greenverse Environment Tech Integrated Scheduled Waste Treatment Plant Project become green benchmarks for the Belt and Road Initiative, contributing financial strength to global sustainable development.