Everbright Water Secures Dalian Pulandian Waste Water Treatment Project Phase II in Liaoning Province

Singapore, 7 May 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 won the bid and signed the agreement for Dalian Pulandian Waste Water Treatment Project ("Pulandian Project" or the "Project") Phase II in Liaoning Province.

Pulandian Project Phase II commands an investment of approximately RMB82 million, with a designed daily waste water treatment capacity of 30,000 m3. It will be invested in and constructed based on a BOT (Build-Operate-Transfer) model. With a concession period of 20 years, the Pulandian Project Phase II is expected to complete construction and commence operation by the end of 2018. Pulandian Project Phase II will be mainly processing municipal waste water and a small amount of industrial waste water in the Pulandian District. It will adopt the AAO (Anaerobic-Anoxic-Oxic) process plus advanced treatment techniques for waste water treatment. Discharged water after treatment will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002).

Everbright Water acquired Dalian Dongda Water Co., Ltd. in 2015, and since then, it has smoothly implemented a series of measures for the post-acquisition integration. Pulandian Project was the first project secured by the Company after the acquisition. Following the expansion of the Project Phase I in 2016 and the securing of the Project Phase II, it gradually appeared the positive post-acquisition impact. The Company's technological capabilities, operational experience and the Everbright brand have also been well recognised by the local government and residents. Moving forward, upon completion of construction works and commencement of the project operation, Pulandian Project Phase II, together with the Project Phase I, will deliver better synergy and scale effects. This will effectively help in coordinating and better responding to the local demands for water treatment. In addition, it will optimise the ecological, residential and investment environment of the Pulandian District.