CEC Business Summary

China Ecotek Corporation (CEC) operates as a premier environmental engineering and turnkey project provider, primarily generating revenue through Engineering, Procurement, and Construction (EPC) contracts and long-term Operation and Maintenance (O&M) service agreements. The company’s business is structured into three core segments: Environmental Engineering, focusing on water treatment, air pollution control, and waste-to-energy; Mechanical and Electrical Engineering, specializing in industrial plant construction; and Maintenance Services, which provides stable, recurring revenue through the management of public and private infrastructure. As a strategic subsidiary of the China Steel Corporation (CSC) Group, CEC leverages its parent company’s industrial footprint to secure large-scale metallurgical and environmental projects. Its primary competitors include CTCI Corporation, ECOVE Environment Corp, and Sunny Friend Environmental Technology. Within this landscape, CEC distinguishes itself as a specialized leader in industrial environmental solutions and water resource management, maintaining a dominant position in Taiwan’s heavy industry engineering sector. The leadership team at CEC is characterized by deep institutional ties to the China Steel Group, ensuring strategic alignment with Taiwan’s industrial and environmental policies. The executive team is currently led by Chairman Chen Chung-I, who brings extensive experience from the metallurgical and engineering divisions of CSC, and President Lee Chih-Tsun, who oversees operational execution and technological integration across the company's diverse project portfolio. The board of directors is heavily influenced by its primary investor, China Steel Corporation, which maintains a significant controlling interest, alongside institutional backing from major Taiwanese domestic funds. This governance structure provides CEC with a stable capital base and a robust pipeline of projects within the CSC ecosystem. The leadership remains focused on transitioning the company toward high-growth sectors such as circular economy initiatives and renewable energy infrastructure, reinforcing its pedigree as a reliable partner for large-scale public and private environmental mandates.