The company was approved by the Shenzhen Municipal People's Government in June 1997. Shenzhen SEG Group Co., Ltd., Shenzhen SEG Co., Ltd., Shenzhen SEG Import and Export Co., Ltd., Shenzhen SEG Import and Export Co., Ltd. and Shenzhen SEG Storage and Transportation Co., Ltd. were spun off on the basis of the former Shenzhen Zhongkang Glass Co., Ltd., and the company was officially established on June 6, 1997 by issuing shares to the public through fundraising. Listed on the Shenzhen Stock Exchange on June 11, 1997. The company has long focused on PPP sponge city construction, comprehensive urban water system management and ecological environmental protection business, and can provide comprehensive water environment management, comprehensive technical services for urban water systems, sponge city construction, municipal design, EPC general contracting, and engineering consulting, planning and design services. In recent years, on the basis of sponge city construction as the core, the company has continuously expanded its scope of business, exploring new profit models through various methods such as collection trade, park leasing, and graphite deep processing, and finding new profit growth points. The company's main products or services are sponge city construction, water engineering, smart water construction and operation, engineering consulting and design, graphite and new materials, water pollution prevention and control planning and design, smart water integrated solutions, building planning and design, systematic environmental comprehensive management services, engineering construction, and harvesting trade.