Leading Growth and Awareness of Social Welfare With cost advantages and technological innovation strengths, WEP has maintained good momentum of development. From 2009 to 2012, the company witnessed a sound expansion with a compound annual growth rate (CAGR) of 27.3% in terms of revenue, again far beyond the average industry CAGR of 10-15% (Frost & Sullivan's estimation).
WEP takes social responsibilities seriously and is among the first to practice a business model that puts social welfare before economic interests. Led by Mr. Tan, WEP has invested enormous resources into education and environmental protection, supporting many Hope Schools in Guizhou, setting up environmental scholarships with partner universities, and offering free water purifying agents for environmental emergencies. In 2013, having passed the strict inspections of UNEP, WEP has officially become the strategic partner of Champions of the Earth, the highest level award for environmental leaders by UN, as the first company in China that supports this flagship award of UN. This has fully showed WEP's commitment to CSR and support for global environmental protection industry. Launched in 2005, Champions of the Earth has been awarded to 51 individuals or organizations recognizing their superior leadership, vision, inspiration, and action on the environment.
WEP is the first ever company from China presented the Frost & Sullivan Company of the Year Award in the entire environmental protection industry. The competitive strategy, innovation, profitability and CSR performance of WEP are highly valued by Frost & Sullivan as an independent third party.
About WEPFounded in 1998, Guangdong Wealth Environmental Protection Co., Ltd. (WEP) is China's largest manufacturer of industrial wastewater purifying agents and sediments, expert in water treatment, and integrated solution provider of environmental protection.With 15-year accumulative efforts, WEP has always committed itself to the mission of "Let the sky be bluer, the water clearer". WEP has established close cooperation with Chinese Academy of Sciences and other leading research institutes such as Tongji University, Chongqing University, Jinan University. WEP aims for restraining the increasingly serious water pollution and global water crisis through continuous innovation. As of 2012, WEP had owned more than 40 National Invention Patents and formulated 14 national or industrial standards of Chinese environmental protection industry. WEP has grown into a benchmark brand of Chinese environmental protection industry and taken the responsibility for guiding and accelerating its development. About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40offices on six continents. To join our Growth Partnership, please visit http://www.frost.com. Media Contact Zhenhua ChenCorporate Communications – ChinaP: +86 21 54075780 ext.8698M: +86 1381.697.4015E： Zhenhua.Chen@frost.com SOURCE Frost & Sullivan