Wednesday, 30 September 2020

18,652 ADMISSIONS AT CHENGDU INTERNATIONAL ENVIRONMENTAL PROTECTION EXPO, THE FIRST WESTERN CHINA LIVE EXPO UNDER THE BANNER OF CIRCULAR ECONOMY

Peraboni, CEO IEG: ´75% of the exhibit spaces occupied, an extraordinary figure´
The next edition will be held in Chengdu from 20th to 22nd May 2021

Chengdu (China) 30th September 2020 – The demand for green technologies is constantly growing in China, as emerged clearly at the 16th edition of the sector´s largest expo, Chengdu International Environmental Protection Expo (CDEPE) the first green expo to be held live in Western China. After ending on 26th September at the City New International Convention and Exhibition Center, CDPE reported 18,652 professional admissions and 312 companies in 22,000 square metres. Co-organized by the Sichuan Environmental Protection Industry Association (SCEPI) and Italian Exhibition Group (IEG) company Europe China Environmental Exhibitions, with the support of the China Association of Environmental Protection Industry (CAEPI), this year CDEPE again availed itself of the expertise and know-how of Ecomondo - the IEG expo that is a reference point in Europe for the green economy (the next edition of which is being held in Italia, at Rimini Expo Centre, from 3rd to 6th November 2020, ).
IEG CEO Corrado Peraboni said, ´CDPE occupied 75% of the exhibit space compared to 2019, an extraordinary figure considering the economic situation caused by the world health emergency and, above all, proof of exhibitions´ value for the circular economy.´
Internationalization, specialization and innovation distinguished this years´ edition, considered strategic by the locale authorities for the development of the sectors of environmental protection and energy saving. CDPE 2020 bore witness to the revival of international green business in Western China. As well as the companies taking part live, foreign companies also participated remotely from Italy, USA, Japan, etc., thanks to live streaming, in the dedicated promotional corner expo corner. These included an Italian joint participation with 7 enterprises: Enea, GM Green Methane, HBI, Mega System, Sumus Italia, TCR Tecora and Veolia - Evaled.

Wastewater treatment, solid waste, air pollution, ecologic recovery and environmental control were among the issues faced at the 20 events held at the expo. Protagonists in the Main Forum on international cooperation were Guido Bilancini – Italy´s Consul General in Chongqing, Fan Yuansheng - President of the China Association of Environmental Protection Industry, Teng Jianli - Vice Secretary-General of the China Environmental Protection Industry Association, Yang Youyi - Second Inspector of the Sichuan Provincial Department of Ecology and Environment and Li Mei - Second Inspector of the Sichuan Provincial Economic and Information Department.
A growth in market opportunities in the green sector was also noted, which was reflected in a greater specialization and qualification of the attendees. Companies from the province of Sichuan rose by 4% compared to 2019 and 20% of them were companies from Chengdu, while those from others geographical areas of China reached around 55%.


FOCUS ON ITALIAN EXHIBITION GROUP
Italian Exhibition Group (IEG), listed on the Screen-based Share Market (MTA) organised and managed by Borsa Italiana S.p.A., is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in Milan and Arezzo. The IEG Group is notable in the organisation of events in five categories: Food & Beverage; Jewellery & Fashion; Tourism, Hospitality and Lifestyle; Wellness, Sport and Leisure; Green & Technology. In the last few years, IEG started a significant expansion process abroad, also through the conclusion of joint ventures with local operators (for example, in the United States, Arab Emirates and in China). IEG closed the 2019 financial year with consolidated total revenues of € 178.6 million, an EBITDA of € 41.9 million and a consolidated net profit of € 12.6 million. In 2019, IEG totalled 48 organised or hosted fairs and 190 conferences. www.iegeexpo.it


This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.



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