The R&D Team expands in Guangzhou to facilitate Green Development in Greater Bay Area

D&G Technology Expanded its R&D Team in Guangzhou to facilitate Green Development in Greater Bay Area;
CEO Glendy Choi Appointed as Vice President of the GBA Carbon Neutrality Association

(31 December, 2021 – Hong Kong) D&G Technology Holding Company Limited (Stock Code: 1301.HK, D&G Technology), which was awarded the “China’s Top 50 Construction Machinery Manufacturer” and the “World’s Top 100 (Plus 50) Construction Machinery Manufacturer”, is actively responding to the national initiatives of achieving “Emission Peak” and “Carbon Neutrality” and strives to promote green and digitalization of asphalt mixing plants. Recently, the Group has further expanded its R&D team in Guangzhou by recruiting more talents in the fields of big data and IoT, so as to upgrade its technologies and contribute to the development of intelligent environmentally friendly asphalt mixing plants and industry-related big data platform in the Greater Bay Area (“GBA”).

Ms. Choi Kwan Li, Glendy, the Chief Executive Officer of the D&G Technology
(third from the left) attended the inauguration ceremony on 10 December

Meanwhile, D&G Technology has become the founding organization of the GBA Carbon Neutrality Association (“GBACNA"), with Ms. Choi Kwan Li, Glendy, the Executive Director and Chief Executive Officer of D&G Technology being appointed as the Vice President of the GBACNA, to leverage on D&G Technology’s technical competitive advantages and the digitalized systems to achieve carbon reduction in the industry. She said, “It’s my great honor to be part of the GBACNA and join hands with the industry experts from the political and business circles to facilitate the green development in the GBA and respond to the national’s “Double Carbon” initiatives.”

She further added, “In recent years, D&G Technology has spared no efforts in promoting green application in the field of asphalt mixing plants and services. We actively invested in developing environment-friendly asphalt mixing plants, recycling asphalt mixing plants as well as warm mixing technology, so as to reduce carbon emissions from the construction projects in China and the Belt and Road countries. In addition, we have also established our R&D team in Guangzhou which is specialised in the development of intelligent technologies, targeting to further strengthen the Group’s capabilities in the production of environment-friendly and intelligent equipment. Looking forward, we would like to share D&G Technology’s successful experience in recent years with the GBACNA, so that we can further contribute to the sustainable development of the GBA. We also look for opportunities to extend our product offering to more regions for our long-term business development.”

Global industrialization has led to a significant increase in carbon dioxide emissions. As one of the major economies, China has set out the targets to peak carbon emissions by 2030 and achieve carbon neutrality by 2060. In response to the national policy, the GBACNA was recently formed and established by certain research institutions, industry experts and corporations in Hong Kong. It aims to unite the industries’ efforts to achieve the Double Carbon goals in the GBA, including leveraging the region's expertise to promote the development of green technology, actively developing green finance and carbon trading markets, promoting the use of low-carbon technology in green buildings, and accelerating the cultivation of green financial and research talents.

D&G Technology, as a High-Tech Enterprise focused on manufacturing advanced innovative equipment, strives to bring in elements such as environmental protection and digitalization into the research and development, design and manufacturing of asphalt mixing equipment to achieve carbon neutrality. Earlier this year, the Group launched its first 5G+ asphalt mixing equipment in Hubei, which improves equipment management efficiency and interconnection level, effectively monitoring and reducing carbon emissions to enhance green development in the industry.

About GBA Carbon Neutrality Association

The GBACNA is a non-profit association formed by research institutions, universities, industry experts, foundations, financial institutions, media, organizations, enterprises and individuals that support environmental protection and carbon neutrality. The association aims to provide its members with carbon neutrality services related to environmental protection, emission reduction and related design, consultancy, assessment, certification, rating, valuation, professional advisory, talent training, academic and industry exchanges, introduction and exchange of new technologies, international promotion and exchange, joint research and development, project delivery and implementation, as well as green finance and capital market operation.

About D&G Technology Holdings Limited (01301.HK)

As an advanced High-Tech enterprise manufacturing equipment, D&G Technology specializes in the R&D, production and manufacture of asphalt mixing plants. It focuses on providing high-end energy-saving and environment-friendly asphalt mixing equipment, RAP recycling equipment, and relevant services. The Group has built a good reputation and established a vast and stable customer base over the years. Its products are scattered in 34 overseas countries and more than 30 domestic provinces, cities, and autonomous regions, playing a significant role in construction and maintenance of highways, high-level roads, and urban roads. In recent years, D&G has been actively penetrating the huge middle segment asphalt mixing plant market.