Announces 2021 Interim Results Turn Losses into Profits.

Announces 2021 Interim Results Turn Losses into Profits.
Economic Recovery Drives Sales Growth.
Revenue Increased by 53.6% and Gross Profit Increased by 3.6X.
D&G Co-operates with State-Owned Enterprise to Broaden Revenue.

D&G Technology Holding Company Limited (Stock Code: 1301.HK, together with its subsidiaries, collectively as the “Group”), the “China’s Top 50 Construction Equipment Manufacturer” for 8 consecutive years is pleased to announce its interim results for the six months ended 30 June 2021 (the “Period”).

Financial Highlights

RMB 000’ For the six months ended 30 June
2021 2020 Change
Revenue 197,078 128,331 + 53.6%
Gross profit 66,089 14,227 + 364.5%
Profit/(loss) for the period attributable to owners of the Company 8,228 (27,009) Negative to positive
Basic earnings / (loss) per share (RMB cents) 1.31 (4.34) Negative to positive
Gross Profit Margin (%) 33.5 11.1 + 22.4 p.p
• Sales of Asphalt Mixing Plants Segment 33.8% 27.0% + 6.8 p.p
• Sales of Spare Parts and Modified Equipment Segment 38.2% 42.1% - 3.9 p.p
Net Profit Margin (%) 4.2 (21.0) Negative to positive

Although the COVID-19 outbreak still has a certain impact on the global economy, the Group's business has returned to normalisation and achieved remarkable growth, benefiting from the control of the pandemic in China and the gradual recovery of the economy. The Group recorded a total revenue of RMB197.1 million, representing an increase of approximately 53.6% as compared to the last corresponding period. Gross profit increased by 364.5% to RMB66.1 million, and Gross profit margin increased to 33.5% (1H2020: 11.1%), which was mainly due to the increase in sales of asphalt mixing plants, the decrease in provision for impairment of inventories and the absence of impairment of property, plant and equipment. The Group recorded a net profit attributable to owners of the Company of RMB8.2 million compared with a net loss of RMB27.0 million in the last corresponding period. The basic earnings per share is RMB 1.31 cents.

Sales of Asphalt Mixing Plants Segment (91.6% of total revenue)

The Group continued to participate in top-tier highways construction and maintenance projects in the PRC and overseas countries, twenty (2020: thirteen) sales contracts of asphalt mixing plants completed during the period, accounted for approximately 91.6% of the Group's total revenue (2020:86.9%). The asphalt mixing plants were used in major highway construction and maintenance projects such as Anhui Bengbu-Wuhe Expressway (安徽蚌五高速), Hegang-Dalian Expressway (鶴大高速), Dhaka Highway (達卡公路), etc. Revenue from sales of asphalt mixing plants increased by approximately 62.0% to around RMB180 million during the period.

  • The gross profit margin of the segment was 33.8%, an increase of 6.8 percentage points over the same period last year, which was mainly due to the increase in sales projects with higher production capacity;
  • The average contract value was about RMB 9.0 million, a year-on-year increase of 5.3% over the same period last year;and
  • 95% of the revenue contributed from China and 5% from overseas.

Sales of Spare Parts and Components and Modified Equipment Segment (7.9% of revenue)

During the period, the revenue amounted to RMB14.3 million representing a year-on-year decrease of 9.4%. The decrease in revenue was mainly due to the decrease in the number of customers demand fort modification of Conventional Plants. The gross profit margin decreased by 3.9 percentage points during the period was mainly due to more competitive pricing given to the customers in order to attract new customers.

Development of Upstream and Downstream Asphalt Related Business

The Group is committed to the development of asphalt related business along the supply chain with an aim to broaden income sources and raise profits. In order to leverage the synergies of local expertise, the Group has been seeking potential strategic partners to develop the production and sale of asphalt mixtures business.

In July 2018, the Group’s subsidiary Langfang De Feng New Materials Technology Limited (“Langfang De Feng”) and Sichuan Xin De Yuan Trading Limited (“Sichuan Xin De Yuan “) jointly established Sichuan Rui Tong De Long New Materials Technology Limited (“Sichuan RTDL”). The Group expected that with the leverage of local expertise of Sichuan Xin De Yuan, the establishment of Sichuan RTDL would push forward the application of asphalt mixing plant station with local government in Sichuan. However, the progress of development of asphalt mixing plant station remained slow since the joint venture was formed. On 30 May 2021, Langfang De Feng entered into a share transfer agreement with Sichuan Xin De Yuan to transfer 50% of equity interest in Sichuan RTDL to its joint venture partner for a consideration of approximately RMB2.4 million. Upon the completion of the share transfer, Sichuan RTDL will no longer be a joint venture of the Group. The Group’s management considered that the share transfer offers an opportunity for the Group to realise its investment at a profit and can provide funds to cater for other new suitable investment opportunities with more growth potential in the development of production and sales of asphalt mixture plant business.

Partnership with State-owned enterprise LiuGong Wuxi Road Equipment Co., Ltd.* (“LiuGong Road Equipment”) to develop domestic and overseas markets

In May 2021, the Group has entered into an agreement with LiuGong Road Equipment to become the exclusive supplier of asphalt mixing plant for LiuGong Road Equipment. The Group will research and develop, design and manufacture products under the label of “LiuGong”. The Group expects this strategic partnership will further penetrate the mid-end asphalt mixing plant market to win more orders and expand its revenue stream. Furthermore, the collaboration enables LiuGong Road Equipment to enrich and improve its one-stop road construction equipment solution to achieve a win-win situation.

Outlook

The Group expects that the local demand for asphalt mixing plants in the second half of 2021 shall gradually increase as the PRC government would inject more funds into domestic infrastructure projects to stimulate the local economy. Management also expects the customers shall accelerate the settlements going forward as more road construction projects and funding shall be in place in China. With its established overseas network and high-technology asphalt mixing plants, the Group is prepared to grasp the opportunities of upgrading asphalt mixing plant technology and equipment in countries in South Asia and in the ASEAN region. To utilise the Group’s wide clientele base of over 600 asphalt plants spreading across the PRC and 35 nations overseas, the Group is also exploring business opportunities in developing business upstream into the road construction and maintenance materials equipment and downstream into the asphalt mixture provision. The Group will however manage its business development strategies cautiously due to the relatively volatile international economic and political conditions.

Ms. Choi Kwan Li, Glendy, the Executive Director & Chief Executive Officer of D&G Technology said: “In view of the ongoing US-China trade war and COVID-19, we believe the PRC government will continue adopting policies to stimulate the local economy and increase the fixed asset investment. Besides, in light of growing awareness on environmental protection issues during the asphalt mixture production among the road construction and maintenance companies and the PRC government’s emphasis on reducing pollution from industrial sector, the demand for our recycling and environmentally-friendly products continue to grow in the long run. There will be increasing demand for the recycling asphalt plants as well as the modification services of adding recycling and environmental protection functions to existing plants. The Group will further promote green technology innovation and continue to improve its competitive advantage so as to reinforce its leading position in the market. Looking ahead, the Group is prepared to grasp the business opportunities arising from the “Belt and Road” construction projects and bring substantial returns to our shareholders.”

About D&G Technology Holding Company Limited (Stock Code 1301.HK)


As an advanced equipment manufacturing high and new technology enterprise, D&G Technology specialises in the R&D, design and manufacture of conventional and recycling asphalt mixing plants. Especially focusing on providing the high-end energy-saving and environment-friendly asphalt mixing plants and waste asphalt mixture recycling plants and services. The Group has accumulated a good reputation and established a vast and stable customer base over the years. Our products are distributed in 35 overseas countries and more than 30 domestic provinces, cities and autonomous regions and have played a great role in the construction of highways, high-level roads and urban roads. In recent years, D&G has been actively seeking entrance to the vast mid-end asphalt mixing plant market.

D&G Technology attains “EcoChallenger” award for 6 consecutive years

奖项证书
Award Certificate
德基科技首席执行官蔡群力女士代表集团接受奖项
Ms Glendy Choi, CEO of D&G Technology, received
the award on behalf of the Group

D&G Technology has always attached importance to environmental protection and is committed to the research and development of asphalt recycling plants with environmental friendly and energy saving features. Energy saving measures have also been implemented in production and daily operation. Since 2015, the group has won the BOCHK Corporate Environmental Leadership Awards - “EcoChallenger” for six consecutive years, and was awarded “5Years+ EcoPioneer”. The awards are organized by the Federation of Hong Kong Industries (FHKI) and BOCHK.

The awards are in recognition of the Group’s continuous efforts and achievements in promoting environmental protection and reducing environmental pollution over the years. The awards ceremony was held on 25 August 2021 and Ms Glendy Choi, CEO of the Group, attended the ceremony and received the award.

Green education – EcoPark Visit

D&G Technology has always attached importance to environmental protection. In order to let its staff know more about Hong Kong’s waste disposal and environmental protection facilities, the Company arranged for staff in Hong Kong to visit the Visitor Centre of EcoPark which is situated in Tuen Mun.

EcoPark is a facility of the Environmental Protection Department and is Hong Kong’s first recycling-business park specially constructed for recycling industry. It provides a rentable area of 140,000m2 long term land at affordable costs for the recycling industry. Its Visitor Centre is the first large-scale education resource center in Hong Kong with the theme of municipal waste. D&G Technology’s staff visited various exhibit zones, including Waste Corridor, 3-D Landfill Model and Plastic Recycling Education Centre, to get to know the severity of the waste problem in Hong Kong and the current waste disposal methods. The Company hopes to increase employees’ environmental awareness through this visit, so as to encourage them to start from daily life, actively reduce waste, and further aware the importance of environmental protection.

Hong Kong Green Day 2021 and World Environment Day

Hong Kong Green Day 2021 - Green Pledge
Hong Kong Green Day 2021 - Bronze Sponsor

World Environment Day is celebrated on 5 June every year. That day is also Hong Kong Green Day. D&G Technology has been one of the sponsors for six consecutive years. Though there was no onsite kick-off ceremony of Hong Kong Green Day this year because of the Covid-19 pandemic, D&G Technology still fully supported this event. The Company has participated in the Green Pledge of Hong Kong Green Day 2021 and is committed to shaping a green office environment and spreading green messages to the community, including:

  • Saving energy
  • Conserving water
  • Enhancing efficiency of resource use and implementing reuse and recycling
  • Encouraging our staff members to live green
  • Spreading the green messages to other organizations and the community to promote sustainable development in Hong Kong

Besides, the Company encouraged all employees to participate at “Wear Green Action” on 5 June to show their support. Internal propaganda was also carried out in the production facility in Langfang Hebei, including posters and exhibit boards. Employees were urged to sign for a pledge to take daily actions to deal with environmental protection.

Internal promotion of World Environment Day at the Group’s production facility in Langfang, Hebei
The Green Board of World Environment Day at the Group’s facility
Employees signed for pledge to take daily actions to deal with environmental protection

D&G Technology Reached a Strategic Partnership with LiuGong Road Equipment

Become the Exclusive Supplier of Asphalt Mixture Mixing Equipment
Tap into Domestic and Overseas Markets Together

Mr. Liu Tom Jing-zhi (Right), Chief Operating Officer of D&G Technology and Mr. Tan Zuo-Zhou (Left), General Manager of LiuGong Road Equipment attended the signing ceremony.

26 May 2021 - D&G Technology Holding Company Limited (Stock Code: 1301.HK, together with its subsidiaries, collectively the “Group”), which was awarded the “China’s Top 30 Construction Machinery Manufacturer” for 8 consecutive years, is pleased to announce that the Group has reached a strategic partnership with LiuGong Wuxi Road Equipment Co., Ltd. (“LiuGong Road Equipment”), to achieve complementary advantages and a win-win result. The Group will design and manufacture a new series of asphalt mixing plants for LiuGong Road Equipment, which will be distributed and sold in domestic and overseas markets.

According to the agreement, the Group will become the exclusive supplier of asphalt mixing equipment for LiuGong Road Equipment. The Group will research & develop, design and manufacture products under the label of “LiuGong”, by leveraging its technical strength, as well as LiuGong’s well-established distribution network and strong financial services capabilities, to sell the products to domestic and overseas markets. The Group expects this strategic partnership will further penetrate the mid-end asphalt mixing plant market to win more orders and expand its revenue stream. Furthermore, the collaboration enables LiuGong Road Equipment to enrich and improve its one-stop road construction equipment solution to achieve a win-win situation.

Ms. Choi Kwan Li, Glendy, Executive Director & Chief Executive Officer said, “As a leading manufacturer and service provider of medium to large-scale high-end asphalt mixing plants in China, D&G has strived to develop its business in all directions and further penetrate the road construction market in China, as well as the countries along the "Belt and Road Initiative". By partnering with LiuGong Road Equipment, the world's leading construction machinery manufacturer, it is expected to generate magnificent synergies and promote our business development in mid-end asphalt mixing plant market. Looking forward, we will pay close attention to co-seize the potential opportunities in global market, as well as the business opportunities brought by the "Belt and Road Initiative", in order to generate synergies between businesses and bring greater returns to our shareholders.”

About LiuGong


logo LiuGongFounded in 1958, Guangxi LiuGong Group Co., Ltd. ("LiuGong") is a state-owned enterprise established by authorized operation of state-owned assets. Its business includes the core construction machinery enterprise Guangxi LiuGong Machinery Co., Ltd. ("LiuGong Machinery"), which was restructured and listed in 1993, and is the first listed company in the industry and Guangxi. Its business segments include construction machinery (including road machinery), agricultural machinery and modern services. LiuGong has won “China's Top 500 enterprises”, “the world's Top 50 construction machinery enterprises” (ranking 15th) etc. and has 13 wholly owned and joint-venture subsidiary enterprises, with total assets of approximately RMB 30 billion. LiuGong Road Equipment is a wholly owned subsidiary of LiuGong Machinery, which mainly produces road construction and maintenance equipment (including road rollers, graders, pavers, milling machines, etc.). The total sales volume ranks third in the domestic industry, and the export sales volume ranks second in the domestic industry. Its products are distributed worldwide and exported to Europe, Russia, Southeast Asia, West Asia, Australia, America, Africa and other countries and regions.

About D&G Technology


D&G Technology, a company specializing in the R&D, production and manufacture of asphalt mixing plants and asphalt mixing recycling plants, has accumulated a good reputation and established a vast and stable customer base over the years. In recent years, D&G has actively seeking entrance to the vast mid-end asphalt mixing plant market.

D&G Technology has been the sponsor of Green Carnival for five consecutive years

The 18th Green Carnival 2021, organized by the Green Council, was held online from 29 Mar till 11 Apr. D&G Technology has been the sponsor of this event for five consecutive years. The event was held online for the first time this year. The group had an online booth on the event website to share the group’s environmental protection measures. In addition to the online booths, there were a number of green teaching videos, prize-winning quiz games, and online green knowledge challenges, etc., in order to attract citizens and students to pay attention to and support environmental protection.

D&G Technology supports “Earth Hour” for the ninth consecutive year

On Mar 27, 2021, Ms Glendy Choi, CEO of D&G Technology, together with the employees of the Langfang production base, participated at Earth Hour 2021 campaign. All unnecessary lights were switched off at the company premises, production facilities, offices and many staff families for one hour from 20:30-21:30 to show our support for action on climate change. This was the ninth consecutive year that D&G Technology has participated in the “Earth Hour” campaign. The campaign participation highlights the corporate and individuals efforts and supports on energy conservation, consumption reduction and emission reduction. Many staff responded to the company’s participation and became supporters of “Earth Hour”.

Over the years, D&G Technology has always attached the importance to environmental protection. We create economic value for the society, at the same time, we still concern about environmental issues. In recent years, the Company has developed Monoblock Recycling plant and Eco series Asphalt Mixing Plant. This is the strong support to environmental protection. One hour of darkness shows our support for action on climate changes. We will do our best to reduce the burden on the earth. Let’s work together to create a beautiful home.

Poster of Earth Hour 2021

Poster of Earth Hour 2021
Poster of Earth Hour 2021
Poster of Earth Hour 2021
Poster of Earth Hour 2021
Pledge of D&G Technology
Pledge of D&G Technology

D&G Technology (1301.HK) Promotes 5G Industrial Application With Industry-First “5G+” Asphalt Mixing Plant

D&G Technology (1301.HK), which was awarded the “World’s Top 100 (Plus 50) Construction Machinery Manufacturer” and “China’s Top 30 Construction Machinery Manufacturer”, is committed to the pursuit for technological innovation.

Recently, the Company has applied the concept of “5G+ Industrial Internet of Things (IIoT)” to the field of asphalt mixing plant, and officially launched an industry first “5G+ IIoT” asphalt mixing plant in Hubei Province. The plant will accelerate the development of the industry by enhancing operational efficiency and promoting industrial interconnection.

5Gv
The installation of the first 5G+ DGR4000 asphalt mixing plant

D&G Technology Interconnected through 5G+ IIoT

With the world entering the 5G era, China is devoting greater dedication to achieve urbanization and technological development. D&G Technology stays abreast of the moving pulse of the market by launching China’s first asphalt mixing plant integrated with 5G technology in February 2021. This application of 5G technology to the road construction machinery field is never seen before in the industry and aiming to foster the development of the third generation of smart construction machines, which can facilitate clients’ needs in overcoming the challenges associated with digitalization under business transformation.

In terms of the industrial field, D&G Technology continues to cooperate with different industries and organizations to develop and explore the possible application for 5G technology. Meanwhile, 5G brought revolutionary reindustrialization to the manufacturing industry, and gave rise to the segment where smart manufacturing and innovative technology shapes its foundation. With the application of big data, Internet of Things (IoT) and automation, 5G technology supported the creation of high-tech smart factory with enhanced production efficiency and quality while keeping operational cost under control.

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D&G Technology Interconnected through 5G+ IIoT
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D&G Technology Interconnected through 5G+ IIoT

The newly launched “5G+ IIoT” asphalt mixing plant draws on the technical advantages of 5G technology, IoT and Edge computing, to enable real-time control, automated upgrade for production facility and labeling, which optimizes operational efficiency and minimizes business expenses. The “5G+ IIoT” asphalt mixing plant showed success in monitoring and controlling a project site instantaneously from thousands of kilometers away at the stage of debugging and installation, demonstrating its remarkable network connectivity and high-level automation, real-time machinery status overview and diagnostics, along with the feature for remote production control when deemed necessary. This innovative advancement for the operation of asphalt mixing plant lays a solid foundation for future development of fully automated production facility.

State Policies encourage IIoT Innovations, while COVID-19 Pandemic accelerates the Digital Transformation of Enterprises

According to a report by KPMG, a renowned accounting firm, the need for companies to digitally transform their current business models is all the more pressing as the effect of the pandemic unfolds, where 5G technology and edge computing are likely to play an important role in the recovery of global economy. Boosted by the rapid development in 5G and edge computing, the manufacturing industry is expected to grow by 51% in 2019-2023, representing an increase of market opportunities valued at US$ 206 billion within the manufacturing ecosystem.

5Giii

The 5G commercialization in China is accelerating at a progressively faster pace, as state policies favors the execution of development strategy for IIoT innovation and propels the joint development of industrialization and Informatization. Ministry of Industry and Information Technology (MIIT) had released the “Action Plan for Development of Industrial Internet Network Infrastructure (2021-2023)”. Liu Liehong, Vice Minister of MIIT, stated earlier that over 718,000 5G base stations have been built in China, accounting for about 70% of the world's total. In addition, 5G networks in standalone mode have covered all cities in the country, with over 200 million terminal connections established, and the average household usage of 5G mobile traffic has surpassed 4G usage by 50%. The Chinese telecommunication industry has invested over 260 billion in the 5G telecom network infrastructure and has since rolled out the 5G terminal pilot program in over 30 provinces across the country, with its implementation covering over 10 sectors, including energy, medical care, transportation, education, and cultural tourism. Meanwhile, the 5G telecommunication network in Hong Kong will be established by April 2020, and the local government is actively accelerating 5G commercialization in support of state policies.

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D&G Technology has been responding to the PRC government’s call to develop the IIoT platform with considerable human and material resources. In 2019, The “DGLEAP" Control System developed by D&G Technology became a key project for developing IIoT in Hebei Province. In 2020, D&G Technology applied 5G technology and developed the "5G+ IIoT" asphalt mixing plant. The first smart asphalt mixing plant developed by D&G Technology made use of 5G technology to enable real-time remote production control and simultaneous machinery status update for plant controllers, allowing efficient and effective macro management even when such workers are located thousands of kilometers away from the actual production unit.

About D&G Technology Holding Company Limited (Stock Code 1301.HK)


D&G Technology is a leading one-stop asphalt pavement infrastructure product service provider. It is listed on the main board of Hong Kong and specializes in the development of high-end energy-saving and environmentally friendly asphalt mixing plants and asphalt mixing recycling plants. The group also provides customers with equipment leasing, equipment modification, spare parts and components supply, hot mix supply, and technical support and consulting services. Over 600 sets of D&G’s asphalt mixing plants have been worked in most provinces, municipalities and autonomous regions in China, as well as more than 30 overseas countries and regions, including more than a dozen countries along the "Belt and Road", such as Southeast Asian countries, Russia, India, etc. D&G Technology has participated in a number of landmark road infrastructure projects, for example, China's Beijing-Hong Kong-Macau Expressway, Hong Kong-Zhuhai-Macao Bridge, Russian Airport Project and China-Pakistan Economic Corridor Project.

D&G Technology Calls for Support to Earth Hour 2021

“Earth Hour”, started in 2007 in Sydney, is an initiative of the WWF to deal with global climate change. People are encouraged to turn off all their non-essential lights for one hour to show their support action on climate change.

This year Earth Hour falls on March 27. D&G Technology as a green advocate, we have a sense of responsibility and mission to protect the earth. Apart from making our pledge to support the event, the Company will encourage all staff from various offices to support and participate in this meaningful environmental campaign that day. We hope to use our practical action to protect our common home!

Here’s the pledge of D&G Technology:

https://earthhour.wwf.org.hk/pledge/pledge/c5010cded4b9bba701f589d6b38aec177/EN

Let’s turn off all non-essential lights for one hour from 8:30pm to 9:30pm on 27 Mar 2021 (Sat).

Let’s join our effort to combat climate change. Switch off our lights and switch on our social power.

D&G Technology was awarded the 5 Years Plus Caring Company Logo

D&G Technology has concerned the corporate social responsibility and has actively fulfilled its social responsibilities over the years. It cares for the community, employees and the environment. It has been nominated for the “Caring Company” Scheme since 2016 and was awarded the 5 Years Plus Caring Company logo. This is the recognition to the Group for its work and measures to care for the community, employees and environment. The Group will continue to create a culture of innovation, care for the community and the environment, promote the active participation of employees, and continue to promote the concept of sustainable development of the Group.

D&G Technology won “Hong Kong Green Awards 2020” – “Corporate Green Governance Award”

The trophy of Hong Kong Green Awards 2020 – Corporate Green Governance Award (Corporate Vision)

Mr Desmond Chung, CFO, received the award from Mr Shih Wing-Ching, Chairperson of Green Council

Sustainable development is the development trend of today's enterprises. As a member of social citizens, D&G Technology understands that enterprises must implement environmental policies and measures in their businesses and take responsibility for sustainable development. The Group takes environmental factors into consideration during daily operation. The Group's adherence and efforts have resulted in the awarding of the "Hong Kong Green Awards 2020” – “Corporate Green Governance Award – Corporate Vision". The awards ceremony was held on 14 December 2020.

The "Hong Kong Green Awards" is an awarding event organized by the Green Council to encourage local enterprises to incorporate environmental considerations, environmental responsibility and environmental management systems into their operations and to recognize their continued improvement and leadership performance. The Corporate Green Governance Award recognizes the commitment of large enterprises in the five areas of leadership, mission, management systems, environmental monitoring and reporting, and stakeholders, as well as their integration of environmental considerations into daily operations.

Since 2016, D&G Technology has been awarded this “Corporate Green Governance Award” for five consecutive years. The award has been reaffirmed by D&G Technology's commitment to green governance. Looking ahead, the Group will continue to incorporate environmental, safety and health considerations in decision-making, accountability, management, performance, sustainability and leadership in the operation. We will strive to build a positive image, continue to promote green operations through technological innovation to respond to sustainable development, and strengthen green governance and become an exemplary Green enterprise.

Certificate of Award of Hong Kong Green Awards 2020 – “Corporate Green Governance Award – Corporate Vision”
Certificate of Award of Hong Kong Green Awards 2020 – “Sustained Performance (5 years+)”

D&G Technology shone at T50 Summit 2020

On 23 Nov, D&G Machinery, a wholly-owned subsidiary of D&G Technology, was honored to attend T50 Summit of World Construction Machinery Industry 2020 in Shanghai. More than 800 people attended in this summit, including equipment manufacturers, agents, engineering companies and other users.

D&G Machinery has been invited to this summit for 9 consecutive years and is ranked 22nd in the “China Top 50 Specialized Construction Equipment Manufacturers” this year. It is also awarded the World Top 100 (PLUS 50) Construction Machinery Manufacturer, China Mixing Plant Sustainable Product Award, China Mixing Equipment Advanced Manufacturing Award, and China Mixing Plant Innovative Technology Award. Ms. Glendy Choi, CEO of D&G Technology and President of D&G Machinery, is awarded as one of the “100 Most Influential Persons of China Construction Machinery Industry”again.

D&G Machinery attaches importance to corporate social responsibility and will continue its devotion to creating a sustainable society through technical innovation. In the future, we will live up to the trust of the industry and contribute to the global road pavement construction.

D&G Technology was honored the 3+ Year Award of Industry Cares 2020

Industry Cares recognition scheme is a corporate social responsibility recognition scheme organized by Federation of Hong Kong Industries. The scheme is to praise those enterprises which had outstanding performance in Corporate Social Responsibility over the past year. D&G Technology attaches importance to corporate social responsibility and has participated in a number of activities related to corporate social responsibility in the past year. It was honored with the 3+ Year Award of Industry Cares 2020 in recognition of the company’s outstanding contribution to the community. The Company has obtained this certificate of recognition for fourth consecutive years. In the future, D&G Technology will continue its devotion to creating a sustainable society through implementing environmental protection practices in multiple aspects and continuous participation in social activities.

D&G attains “EcoChallenger” award for five consecutive years

D&G Technology has always attached importance to environmental protection and is committed to the research and development of asphalt recycling plants with environmental friendly and energy saving features. Products have been used in 32 countries and regions. Energy saving measures have also been implemented in production and daily operation. The group has won the BOCHK Corporate Environmental Leadership Awards - “EcoChallenger” since 2015 and was awarded “5Years+ EcoPioneer”. The awards are organized by the Federation of Hong Kong Industries (FHKI) and BOCHK.

The awards are in recognition of the Group’s continuous efforts and achievements in promoting environmental protection and reducing environmental pollution over the years.

Ms Glendy Choi, CEO of D&G Technology, received
the award on behalf of the Group
Award certificate

D&G Technology was awarded Caring Company Logo 2019-2020

D&G Technology has concerned the corporate social responsibility and has actively fulfilled its social responsibilities over the years. It cares for the community, employees and the environment. It has been nominated for the “Caring Company” Scheme since 2016 and has been awarded for the “Caring Company” logo for four consecutive years. This is the recognition to the Group for its work and measures to care for the community, employees and environment. The Group will continue to create a culture of innovation, care for the community and the environment, promote the active participation of employees, and continue to promote the concept of sustainable development of the Group.

Hong Kong Green Day 2020 and World Environment Day

Certificate of Participation – Green Pledge

World Environment Day is celebrated on 5 June every year.  That day is also Hong Kong Green Day.  D&G Technology has been one of the sponsors for five consecutive years.  Though there was no onsite kick-off ceremony of Hong Kong Green Day this year because of the outbreak of Covid-19, D&G Technology still fully supported this event.  The Company has participated in the Green Pledge of Hong Kong Green Day 2020 and is committed to shaping a green office environment and spreading green messages to the community.  Internal propaganda was also carried out in the production facility in Langfang Hebei, including posters and exhibit boards.  Employees were urged to sign for a pledge to take daily actions to deal with environmental protection.

Internal promotion of World Environment Day at the Group’s production facility in Langfang, Hebei
Employees signed for pledge to take daily actions to deal with environmental protection

D&G Technology supports “Earth Hour 2020” for the eighth consecutive year

On Mar 28, 2020, D&G Technology actively participated at “Earth Hour 2020” by encouraging all our staff to support this worldwide lights-off campaign. All unnecessary lights were switched off at all our company premises, production facilities, offices and staff family for one hour from 20:30-21:30 to show our support for action on climate change. This was the eighth consecutive year that D&G has participated in the “Earth Hour” campaign. The campaign participation highlights the corporate and individuals efforts and supports on “energy conservation, consumption reduction and emission reduction”.


Staff Participation photos


A 100-watt light consumes 0.1 kWh in one hour, which is equivalent to quite 35g of standard coal consumption, 87g of carbon dioxide emissions, 2.6g of sulfur dioxide, 1.3g NOx, 24g of toner dust. Over the years, D&G Technology has always attached the importance to environmental protection. We create economic value for the society, at the same time, we still concern about environmental issues. In recent years, the Company has developed Monoblock Recycling plant and Eco series Asphalt Mixing Plant. This is the strong support to environmental protection.

One hour of darkness shows our support for action on climate changes. Let’s work together to create a beautiful home.


Posters at D&G offices

 

 

 

 

 

D&G Technology has been the sponsor of Green Carnival for four consecutive years

The 17th Green Carnival 2020, organized by the Green Council, was held at Kowloon Park in Tsim Sha Tsui on 12 January. D&G Technology has been the sponsor of this event for four consecutive years. Ms. Glendy Choi, CEO of the group, was also invited to be one of the guests at the opening ceremony. In addition to the award ceremony for the eco-model design competition, there were also many stage performances and booth games, attracting more than 2,500 teachers, students, their family members and citizens to attend.

D&G Technology won “Hong Kong Green Awards 2019” – “Corporate Green Governance Award” again

Mr Barnabas Tsang, CFO, received the award from Mr Wong Kam-Sing, HKSAR Secretary for the Environment and Ms Linda Ho, CEO of Green Council

Sustainable development is the development trend of today's enterprises. As a member of social citizens, D&G Technology understands that enterprises must implement environmental policies and measures in their businesses and take responsibility for sustainable development. The Group takes environmental factors into consideration during daily operation. The Group's adherence and efforts have resulted in the awarding of the "Hong Kong Green Awards 2019” – “Corporate Green Governance Award – Management System". The awards ceremony was held on 13 December 2019.

Logo of HKGA 2019
Corporate Green Governance Award (CGGA)
Logo of HKGA 2019
“Sustained Performance (3 years+)
The trophy of Hong Kong Green Awards 2019 – Corporate Green Governance Award (Management System)
Certificate of Award of Hong Kong Green Awards 2019 – “Corporate Green Governance Award - Management System”

The "Hong Kong Green Awards" is an awarding event organized by the Green Council to encourage local enterprises to incorporate environmental considerations, environmental responsibility and environmental management systems into their operations and to recognize their continued improvement and leadership performance. The Corporate Green Governance Award recognizes the commitment of large enterprises in the five areas of leadership, mission, management systems, environmental monitoring and reporting, and stakeholders, as well as their integration of environmental considerations into daily operations.

Certificate of Award of Hong Kong Green Awards 2019 – “Sustained Performance (3 years+)”

D&G Technology has been awarded this “Corporate Green Governance Award” for four consecutive years. The award has been reaffirmed by D&G Technology's commitment to green governance. Looking ahead, the Group will continue to incorporate environmental, safety and health considerations in decision-making, accountability, management, performance, sustainability and leadership in the operation. We will strive to build a positive image, continue to strengthen green governance and become exemplary Green enterprise.

20th Anniversary Customer Event of D&G Machinery

On the occasion of the 20th anniversary of D&G Machinery, a wholly-owned subsidiary of D&G Technology, a grand “Intelligent Environmental Technology Conference cum 20th Anniversary Customer Event”was organized in Zhengzhou on 27 October, 2019. Total of more than 500 guests participated at the event. Industry experts and customer representatives gathered together to discuss the development of enterprises and industries under the trend of intelligent technology and environmental protection. Jobsite visit was arranged after the conference and an on-site contract signing ceremony was held at the night banquet.

Thanks to the trust and support of our distinguished guests. The event was held with great success.