Everbright Water Secures Multiple Sub-Projects Under Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project in Shandong

Singapore, 4 April 2018 – China Everbright Water Limited ("Everbright Water" or the "Company", SGX: U9E) (中国光大水务有限公司), an environmental protection company focusing on water environment management, is pleased to announce that the Company has recently secured multiple sub-projects under Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project ("Zhangqiu Integration Water Supply Project" or the "Project") in Shandong Province. The sub-projects include: Zhangqiu Yellow River Water Transfer and Water Resource Replenishment Project, Zhangqiu Baiyun Water Plant Water Supply Project Phase I, and Zhangqiu Chengdong Industrial Water Supply Project, all of which command a total investment of approximately RMB1.522 billion.

In March 2017, Everbright Water won the bid for Zhangqiu Integration Water Supply Project, with a leading score in the overall bidding process. The Project comprises various sub-projects and is estimated to command an investment of approximately RMB3.1 billion in total.

Zhangqiu Yellow River Water Transfer and Water Resource Replenishment Project, which commands an investment of approximately RMB392 million, is the first sub-project executed under Zhangqiu Integration Water Supply Project. The sub-project is invested and constructed based on a BOT (Build-Operate-Transfer) model, with the scope of works covering the construction of 22 kilometers of water pipeline and two water supply plants with a combined daily processing capacity of 100,000 m³. The sub-project is currently under construction.

Zhangqiu Baiyun Water Plant Water Supply Project has a total designed daily water supply capacity of 200,000 m³. Phase I of the sub-project, which will be invested and constructed based on a BOT model, commands an investment of approximately RMB1.08 billion and has a designed daily water supply capacity of 100,000 m³. The sub-project is expected to meet daily water demand from the local areas including: the downtown areas, western urban areas, Chengdong Industrial Park and villages and towns in the central northern areas of Zhangqiu District.

Zhangqiu Chengdong Industrial Water Supply Project will also be invested and constructed based on a BOT model, with an investment of approximately RMB50 million. The sub-project, which involves the construction of 7.7 kilometers of water supply pipeline, will supply water from the water sources to the Chengdong Industrial Park.

Zhangqiu Integration Water Supply Project is Everbright Water's first mega integrated water supply project. It is also a key project for the local's well-being and a solution to municipal water supply issues in Zhangqiu District. The Company will maintain its efficient and high-quality work ethos, and work closely with the local government to steadily and efficiently carry out the construction works of all the sub-projects. On this basis, Everbright Water will further expand and enhance the cooperation in water supply and other water environment management areas in Zhangqiu District to satisfy the local water supply demand. In addition, Everbright Water will optimise the management and utilisation of local water resources, support the formation of a circular water supply system, and enhance the living environment and sustainable development of the district.