The company was founded in 2017 and launched its first product, the ship exhaust gas purification system. a variety of ship environmental protection equipment and systems that can help shipowners and other customers reduce sulfur and GHG emissions to meet the various regulations set by the International Maritime Organization.
In addition, Huige Environmental also helps customers improve the quality of life of crew members by providing in-house design and supplying equipment and systems to enhance living conditions on board and facilitate maritime operations.
It is worth noting that Huige Environmental's future growth depends on the demand for ship environmental protection equipment and systems, as well as the supporting legal and regulatory framework.
Customers use Huige Environmental's marine environmental protection poland telegram data equipment and systems on their vessels, generally driven by legal and regulatory requirements. For example, the International Maritime Organization has set a sulfur content cap of 0.5% for fuel oil, which will take effect from 2020, which has driven market demand for the company's ship desulfurization systems. If there is a lack of support from relevant legal and regulatory frameworks, customers' willingness to use the company's products may be affected.