Everbright International's First Dual-entrusted Waste-to-energy Project Completes Construction and Commences Operation

5 July 2017, Hong Kong - China Everbright International Limited ("Everbright International" or the "Group") (HKSE: 00257) is pleased to announce that its Dongguan Machong Waste-to-energy Project ("Dongguan Machong Project" or the "Project"), the Group's first "dual-entrusted" (entrusted construction and entrusted operation) project, has successfully passed its "72+24" hours trial run recently. The Group also finished the handover process related to project operation with the investor side on 30 June, which indicates the Project officially completed construction and commenced operation.

Dongguan Machong Project has a total designed daily household waste processing capacity of 1,500 tonnes, and its gas emissions fully comply with the Euro 2010 Standard. The Project, which was constructed for about 18 months, is equipped with three self-developed 500 tonnes/day mechanic grate furnaces and two 18MW turbine power generators with auxiliary equipment. It is expected to generate approximately 160,000,000 kWh of green electricity annually.

Mr. Hu Yanguo, CEO of Environmental Energy Sector at Everbright International, said, "Everbright International has made use of its own technology, standards and excellent teams specialised in construction and operation, kept a strong sense of social and environmental responsibility, strictly managed the full construction process, and worked together with the investor side to build a benchmark project that meets international standards. In the meantime, we have explored the EPC (Engineering, Procurement, and Construction) model, marking a new start for the Group's business model that is featured in entrusted construction and entrusted operational cooperation."