As at 2020, Shandong Shuifa managed total assets of RMB20 billion.
Leader Environmental Technologies has entered into a joint venture agreement (JVA) with Shandong Shuifa Zhongxing Group to provide environmental solutions, mainly sludge treatment, smart water and energy management to Shandong Shuifa.
Shandong Shuifa is a large state-owned enterprise established in 2008 in China. It has a registered capital of RMB2.3 billion ($478.4 million).

