Investor tour at Circular Economy Demonstration Plant
On April 26th, 2019, HSBC Securities issued an industry analysis that focused on sustainability and environment with FENC covered in the report. As a result, investor inquiries swarmed in. On May 22nd, FENC co-hosted Recycled Polyester Plant Tour with HSBC Securities. For the first time, the Company invited external investors to tour OGM, a FENC subsidiary responsible for recycling and remanufacturing PET bottles. Fifteen institutional investors were among those who visited the plant, including foreign investors, governmental fund managers, domestic life insurance companies and investment trusts.
The managers of Solid State Polymer SBU shared the current status of recycling industry during the event. Plant managers received the visitors and took them on a tour of the production line, explaining each production process with active discussion from the audience. Many institutional investors believe that recycled polyester will be the emerging investment trend, and they have been keeping in close contact with the Company.