Deputy General Manager of China Everbright Group Fu Wanjun Visits Beijing Management Office of Everbright Environment

On 16 October 2020, Fu Wanjun, Deputy General Manager of China Everbright Group Ltd. ("Everbright Group"), visited the Beijing Management Office of China Everbright Environment Group Limited ("Everbright Environment" or the "Company"), and held a work meeting. Wang Tianyi, Chairman and CEO of Everbright Environment, together with Hu Yanguo, Qian Xiaodong, Li Chunju and Yang Shiqiao, Vice General Managers of the Company, attended the meeting and delivered work briefings. Raymond Wong, CFO of Everbright Environment, An Xuesong, Deputy General Manager of the Company, and Zhao Bin, Special Assistant to CEO of Everbright Environment, attended the meeting via video conference from Hong Kong.



Fu Wanjun discussed with the meeting participants regarding Everbright Environment and all its business sectors. He enquired about the core technological capabilities and overseas business development of the Company, as well as the Company's financial operation, technological innovation, safety management and compliance of project discharge and emission. At the meeting, by utilising the integrated information platform of Everbright Environment, Fu Wanjun held webcast conferences with the Company's waste-to-energy projects in Suzhou and Ji'nan Cities, listening to relevant work reports, checking the project operation status and expressing his greetings to the frontline staff at the projects.

Fu Wanjun spoke highly of the development achievement and management proficiency of Everbright Environment. He said that over the years, Everbright Environment has been committed to the environmental protection sector, creating several benchmark projects with industry-leading influence and core competitiveness, which has won recognition and respect. He also put forward his five expectations to the Company: First, Everbright Environment should continue to maintain a good brand image, further enhance its market influence, and play a leading role in the industry. Second, the Company should stay committed to the environmental protection industry, explore new growth markets with the potential for good returns on investment, and strive to reach a new level during China's 14th Five-year Plan period. Third, the Company should establish a technological innovation model and consolidate its core operational capabilities, so as to maintain its advantages and the leading position in the industry. Fourth, the Company should strengthen safety management, keep the bottom lines of safe production and compliant discharge, and prevent accidents. Fifth, the Company should follow the annual budget arrangement and the requirements of various indicators, and strive to complete all the tasks for the successful closure for the year's work.



Wang Tianyi expressed his appreciation to the management of Everbright Group for their support, and briefed about the overall development of Everbright Environment. He said, as China's largest environmental protection enterprise and the world's largest investor and operator of waste-to-energy projects, the Company usually summarises its business performance as "one-ten-hundred-thousand-ten thousand", which means: the Company ranked first position in terms of revenue and profit in the domestic market for two consecutive years, topped on the list of the "Top 50 Environmental Enterprises in China" for two consecutive years, and ranked the first globally in terms of waste power generation capacity; in 2019, the Company's net profit exceeded RMB5 billion, total revenue exceeded RMB30 billion and total assets exceeded RMB100 billion, which marks the Company has entered the "RMB100 billion club"; additionally, the total number of employees at the Company has reached 14,000. After 17 years of exploration and development, Everbright Environment has entered the stage of reform and upgrading. It will implement Everbright Group's work plan, take the lead in Everbright Group's "Four-Three-Three" development strategy, follow its "Four-Five-Eight-Seven" development strategy, enhance its effort in scientific and technological innovation, as well as overseas business expansion. The Company will strive to fulfil its annual budgeting plan and seek high quality development.